CR05760-2017

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
Jun 30, 2017
2. SEC Identification Number
1177
3. BIR Tax Identification No.
000-768-480-000
4. Exact name of issuer as specified in its charter
Globe Telecom, Inc.
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
27F, The Globe Tower, 32nd street corner 7th Avenue, Bonifacio Global City, Taguig Postal Code 1634
8. Issuer's telephone number, including area code
(02) 797 2000
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 132,914,259
Total debt (in Php Mn) 123,578
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 (GLO), Voting Preferred (GLOPA), Non-Voting Preferred (GLOPP)
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.

Globe Telecom, Inc.GLO

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 Jun 30, 2017
Currency (indicate units, if applicable) Php '000
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2017 Dec 31, 2016
Current Assets 51,288,921 53,022,654
Total Assets 263,948,406 249,863,110
Current Liabilities 79,545,771 82,401,897
Total Liabilities 198,703,812 186,386,808
Retained
Earnings/(Deficit)
21,205,170 19,422,402
Stockholders' Equity 65,244,594 63,476,302
Stockholders' Equity - Parent 65,218,748 63,439,766
Book Value per Share 410.14 397.3
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 33,621,177 31,527,332 66,547,216 63,210,905
Gross Expense 25,533,762 23,456,479 50,815,566 47,665,226
Non-Operating Income 407,299 122,846 377,538 475,957
Non-Operating Expense 2,338,184 1,681,554 4,394,016 3,234,821
Income/(Loss) Before Tax 6,156,530 6,512,145 11,715,172 12,786,815
Income Tax Expense 1,829,016 1,872,444 3,626,944 3,812,461
Net Income/(Loss) After Tax 4,327,514 4,639,701 8,088,228 8,974,354
Net Income Attributable to
Parent Equity Holder
4,315,842 4,616,111 8,086,884 8,956,389
Earnings/(Loss) Per Share
(Basic)
31.44 33.73 58.75 65.34
Earnings/(Loss) Per Share
(Diluted)
31.4 33.67 58.7 65.28
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 108.86 121.93
Earnings/(Loss) Per Share (Diluted) 108.7 121.75
Other Relevant Information

Pls refer to attached

Filed on behalf by:
Name Jose Mari Fajardo
Designation Director