SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Mar 31, 2017

2. SEC Identification Number

A200110402

3. BIR Tax Identification No.

213-054-503000

4. Exact name of issuer as specified in its charter

SBS PHILIPPINES CORPORATION

5. Province, country or other jurisdiction of incorporation or organization

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

No. 10 Resthaven Street, San franncisco Del Monte, Quezon City Postal Code 1105

8. Issuer's telephone number, including area code

(02) 371-1111

9. Former name or former address, and former fiscal year, if changed since last report

N/A

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	1,169,040,400

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 - Common Shares

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 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

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.

SBS Philippines CorporationSBS

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Mar 31, 2017
Currency (indicate units, if applicable)	Philippine Pesos

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2017	Dec 31, 2016
Current Assets	3,045,122,902	2,940,982,068
Total Assets	4,092,587,940	3,990,644,716
Current Liabilities	1,018,356,399	774,600,775
Total Liabilities	1,026,516,454	782,760,830
Retained Earnings/(Deficit)	1,170,663,084	1,143,501,171
Stockholders' Equity	3,066,071,486	3,207,883,886
Stockholders' Equity - Parent	3,066,071,486	3,207,883,886
Book Value per Share	2.57	2.68

Income Statement

	Current Year-To-Date	Previous Year-To-Date	Current Year (3 Months)	Previous Year (3 Months)
Operating Revenue	261,923,807	250,776,151	261,923,807	250,776,151
Other Revenue	1,578,655	26,998,394	1,578,655	26,998,394
Gross Revenue	263,502,462	277,774,545	263,502,462	277,774,545
Operating Expense	226,425,317	208,658,067	226,425,317	208,658,067
Other Expense	876,374	5,110,219	876,374	5,110,219
Gross Expense	227,301,691	213,768,286	227,301,691	213,768,286
Net Income/(Loss) Before Tax	36,200,771	64,006,259	36,200,771	64,006,259
Income Tax Expense	9,038,858	17,146,009	9,038,858	17,146,009
Net Income/(Loss) After Tax	27,161,913	46,860,250	27,161,913	46,860,250
Net Income Attributable to Parent Equity Holder	17,503,137	54,504,807	17,503,137	54,504,807
Earnings/(Loss) Per Share (Basic)	0.02	0.04	0.02	0.04
Earnings/(Loss) Per Share (Diluted)	0.02	0.04	0.02	0.04

Other Relevant Information
Please see attached SEC 17-Q report on the interim unaudited financial statements and Management Discussion and Analysis of the 2017 First Quarter Consolidated Results of Operations and Financial Condition of SBS Philippines Corporation and its subsidiary