SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-A, AS AMENDED
ANNUAL REPORT PURSUANT TO SECTION 17 OF THE SECURITIES REGULATION CODE AND SECTION 141 OF THE CORPORATION CODE OF THE PHILIPPINES
1. For the fiscal year ended
Dec 31, 2016
2. SEC Identification Number
152747
3. BIR Tax Identification No.
000153790000
4. Exact name of issuer as specified in its charter
Ayala Land, Inc.
5. Province, country or other jurisdiction of incorporation or organization
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
30F Tower One and Exchange Plaza Ayala Triangle Ayala Avenue Makati City PhilippinesPostal Code1226
8. Issuer's telephone number, including area code
632 7506974
9. Former name or former address, and former fiscal year, if changed since last report
not applicable
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares
14,712,682,588
Preferred Shares
13,664,949,759
11. Are any or all of registrant's securities listed on a Stock Exchange?
Yes
No
If yes, state the name of such stock exchange and the classes of securities listed therein:
Philippine Stock Exchange ALI common shares
12. Check whether the issuer:
(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17.1 thereunder or Section 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of The Corporation Code of the Philippines during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)
Yes
No
(b) has been subject to such filing requirements for the past ninety (90) days
Yes
No
13. State the aggregate market value of the voting stock held by non-affiliates of the registrant. The aggregate market value shall be computed by reference to the price at which the stock was sold, or the average bid and asked prices of such stock, as of a specified date within sixty (60) days prior to the date of filing. If a determination as to whether a particular person or entity is an affiliate cannot be made without involving unreasonable effort and expense, the aggregate market value of the common stock held by non-affiliates may be calculated on the basis of assumptions reasonable under the circumstances, provided the assumptions are set forth in this Form
P264.12billion (as of end-2016)
APPLICABLE ONLY TO ISSUERS INVOLVED IN INSOLVENCY SUSPENSION OF PAYMENTS PROCEEDINGS DURING THE PRECEDING FIVE YEARS
14. Check whether the issuer has filed all documents and reports required to be filed by Section 17 of the Code subsequent to the distribution of securities under a plan confirmed by a court or the Commission.
Yes
No
DOCUMENTS INCORPORATED BY REFERENCE
15. If any of the following documents are incorporated by reference, briefly describe them and identify the part of SEC Form 17-A into which the document is incorporated:
(a) Any annual report to security holders
2016 Consolidated FS of Ayala Land and Subsidiaries
(b) Any information statement filed pursuant to SRC Rule 20
not applicable
(c) Any prospectus filed pursuant to SRC Rule 8.1
not applicable
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Ayala Land, Inc.ALI
PSE Disclosure Form 17-1 - Annual Report References: SRC Rule 17 and Sections 17.2 and 17.8 of the Revised Disclosure Rules
For the fiscal year ended
Dec 31, 2016
Currency (indicate units, if applicable)
Pesos (in thousands)
Balance Sheet
Year Ending
Previous Year Ending
Dec 31, 2016
Dec 15, 2015
Current Assets
211,012,113
166,203,595
Total Assets
536,432,995
442,341,800
Current Liabilities
188,203,171
146,132,855
Total Liabilities
363,749,808
292,516,389
Retained Earnings/(Deficit)
91,798,555
77,951,761
Stockholders' Equity
172,683,187
149,825,411
Stockholders' Equity - Parent
147,705,095
133,730,704
Book Value per Share
11.7
10.1
Income Statement
Year Ending
Previous Year Ending
Dec 31, 2016
Dec 31, 2015
Operating Revenue
117,700,488
100,660,792
Other Revenue
6,928,307
6,522,148
Gross Revenue
124,628,795
107,182,940
Operating Expense
76,566,404
65,335,060
Other Expense
15,398,944
14,097,076
Gross Expense
91,965,348
79,432,136
Net Income/(Loss) Before Tax
32,663,447
27,750,804
Income Tax Expense
8,231,662
6,853,917
Net Income/(Loss) After Tax
24,431,785
20,896,887
Net Income/(Loss) Attributable to Parent Equity Holder
20,908,011
17,630,275
Earnings/(Loss) Per Share (Basic)
1.43
1.2
Earnings/(Loss) Per Share (Diluted)
1.43
1.2
Financial Ratios
Formula
Fiscal Year Ended
Previous Fiscal Year
Dec 31, 2016
Dec 31, 2016
Liquidity Analysis Ratios:
Current Ratio or Working Capital Ratio
Current Assets / Current Liabilities
1.12
1.14
Quick Ratio
(Current Assets - Inventory - Prepayments) / Current Liabilities
0.77
0.73
Solvency Ratio
Total Assets / Total Liabilities
1.47
1.51
Financial Leverage Ratios
Debt Ratio
Total Debt/Total Assets
0.68
0.66
Debt-to-Equity Ratio
Total Debt/Total Stockholders' Equity
0.93
0.87
Interest Coverage
Earnings Before Interest and Taxes (EBIT) / Interest Charges
5.9
5.5
Asset to Equity Ratio
Total Assets / Total Stockholders' Equity
3.11
2.95
Profitability Ratios
Gross Profit Margin
Sales - Cost of Goods Sold or Cost of Service / Sales