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

152747

3. BIR Tax Identification No.

000-153-790-000

4. Exact name of issuer as specified in its charter

AYALA LAND, INC.

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

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

31F, Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

908-3000

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	14,714,522,959
Voting Preferred Shares	13,066,494,759

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. 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.

Ayala Land, Inc.ALI

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)	Pesos (in thousands)

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2017	Dec 31, 2016
Current Assets	207,797,519	211,012,112
Total Assets	541,691,873	536,432,995
Current Liabilities	184,181,139	188,203,170
Total Liabilities	365,860,789	363,749,808
Retained Earnings/(Deficit)	93,831,606	91,798,555
Stockholders' Equity	175,831,084	172,683,187
Stockholders' Equity - Parent	149,789,041	147,705,095
Book Value per Share	11.86	11.7

Income Statement

	Current Year-To-Date	Previous Year-To-Date	Current Year (3 Months)	Previous Year (3 Months)
Operating Revenue	29,680,468	25,574,784	29,680,468	25,574,784
Other Revenue	1,962,040	1,397,502	1,962,040	1,397,502
Gross Revenue	31,642,508	26,972,286	31,642,508	26,972,286
Operating Expense	19,219,879	16,358,095	19,219,879	16,358,095
Other Expense	3,909,280	3,364,278	3,909,280	3,364,278
Gross Expense	23,129,159	19,722,373	23,129,159	19,722,373
Net Income/(Loss) Before Tax	8,513,349	7,249,913	8,513,349	7,249,913
Income Tax Expense	2,076,697	1,820,169	2,079,697	1,820,169
Net Income/(Loss) After Tax	6,436,652	5,429,744	6,436,652	5,429,744
Net Income Attributable to Parent Equity Holder	5,564,096	4,708,378	5,564,096	4,708,378
Earnings/(Loss) Per Share (Basic)	0.38	0.32	0.38	0.32
Earnings/(Loss) Per Share (Diluted)	0.38	0.32	0.38	0.32

Other Relevant Information
none