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, 2017

2. SEC Identification Number

CEO2536

3. BIR Tax Identification No.

003-828-269-000

4. Exact name of issuer as specified in its charter

Aboitiz Equity Ventures, Inc.

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

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

32nd Street, Bonifacio Global City, Taguig City, Metro Manila Postal Code 1634

8. Issuer's telephone number, including area code

(02) 886-2800

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 Stock P1 Par Value	5,633,792,557
Amount of Debt Outstanding (As of Dec. 31, 2017)	262,013,440,585.00

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

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

P185,953,732,646.00 (as of end 2017)

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

None

(b) Any information statement filed pursuant to SRC Rule 20

None

(c) Any prospectus filed pursuant to SRC Rule 8.1

None

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.

Aboitiz Equity Ventures, Inc.AEV

PSE Disclosure Form 17-1 - Annual Report References: SRC Rule 17 and
Section 17.2 and 17.8 of the Revised Disclosure Rules

For the fiscal year ended	Dec 31, 2017
Currency	PHIL. PESO–IN THOUSANDS

Balance Sheet

	Year Ending	Previous Year Ending
	Dec 31, 2017	Dec 31, 2016
Current Assets	114,187,494	105,578,826
Total Assets	492,244,481	466,307,709
Current Liabilities	73,067,285	41,989,346
Total Liabilities	299,660,769	292,332,301
Retained Earnings/(Deficit)	137,222,929	123,107,178
Stockholders' Equity	192,583,712	173,975,409
Stockholders' Equity - Parent	155,011,203	140,275,029
Book Value Per Share	27.51	24.9

Income Statement

	Year Ending	Previous Year Ending
	Dec 31, 2017	Dec 31, 2016
Gross Revenue	150,421,605	116,415,080
Gross Expense	113,845,461	87,494,041
Non-Operating Income	9,027,598	12,152,814
Non-Operating Expense	11,741,666	8,131,065
Income/(Loss) Before Tax	33,862,076	32,942,788
Income Tax Expense	4,583,055	4,289,663
Net Income/(Loss) After Tax	29,279,021	28,653,125
Net Income/(Loss) Attributable to Parent Equity Holder	21,608,695	22,473,458
Earnings/(Loss) Per Share (Basic)	3.84	4.02
Earnings/(Loss) Per Share (Diluted)	3.84	4.02

Financial Ratios

	Formula	Fiscal Year Ended	Previous Fiscal Year
		Dec 31, 2017	Dec 31, 2016
Liquidity Analysis Ratios:
Current Ratio or Working Capital Ratio	Current Assets / Current Liabilities	1.56	2.51
Quick Ratio	(Current Assets - Inventory - Prepayments) / Current Liabilities	1.25	2.09
Solvency Ratio	Total Assets / Total Liabilities	-	-
Financial Leverage Ratios
Debt Ratio	Total Debt/Total Assets	-	-
Debt-to-Equity Ratio	Total Debt/Total Stockholders' Equity	1.56	1.68
Interest Coverage	Earnings Before Interest and Taxes (EBIT) / Interest Charges	4.13	5.08
Asset to Equity Ratio	Total Assets / Total Stockholders' Equity	2.56	2.68
Profitability Ratios
Gross Profit Margin	Sales - Cost of Goods Sold or Cost of Service / Sales	-	-
Net Profit Margin	Net Profit / Sales	24.3	24.8
Return on Assets	Net Income / Total Assets	-	-
Return on Equity	Net Income / Total Stockholders' Equity	16	19.7
Price/Earnings Ratio	Price Per Share / Earnings Per Common Share	19.29	17.63

Other Relevant Information

Net Debt-to-Equity Ratio (Net Debt/Total Stockholders’Equity) DECEMBER 31, 2016 (As Restated) 1.10 DECEMBER 31, 2017 1.01 Gearing Ratio (Net Debt/[Net Debt + Total Stockholders’ Equity]) DECEMBER 31, 2016 (As Restated) 52.4% DECEMBER 31, 2017 50.2% Other details: The applicable financial ratios are those indicated above and as disclosed in AEV’s Schedule of Relevant Financial Ratios, one of the supplementary schedules to the financial statements required by the Securities and Exchange Commission (SEC). Ratios indicated as "Not Applicable" are not relevant to the Group’s business and are not used by management as tools in gauging solvency, profitability and liquidity of the Group.