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
34001
3. BIR Tax Identification No.
000-708-174-000
4. Exact name of issuer as specified in its charter
BDO Unibank, Inc.
5. Province, country or other jurisdiction of incorporation or organization
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
BDO Corporate Center, 7899 Makati Ave., Makati CityPostal Code0726
8. Issuer's telephone number, including area code
(632)840-7000/702-6000
9. Former name or former address, and former fiscal year, if changed since last report
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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
4,367,335,214
Preferred
515,000,000
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. 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
P322,157,134,936.00 (P164.00 BDO share price as of December 29, 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
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(b) Any information statement filed pursuant to SRC Rule 20
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(c) Any prospectus filed pursuant to SRC Rule 8.1
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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.
BDO Unibank, Inc.BDO
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
PhP (in Millions)
Balance Sheet
Year Ending
Previous Year Ending
Dec 31, 2017
Dec 31, 2016
Current Assets
-
-
Total Assets
2,668,104
2,324,999
Current Liabilities
-
-
Total Liabilities
2,369,764
2,107,440
Retained Earnings/(Deficit)
133,529
111,423
Stockholders' Equity
298,340
217,559
Stockholders' Equity - Parent
297,488
216,816
Book Value Per Share
66.91
57.99
Income Statement
Year Ending
Previous Year Ending
Dec 31, 2017
Dec 31, 2016
Gross Revenue
147,001
123,259
Gross Expense
109,444
90,216
Non-Operating Income
47,206
41,222
Non-Operating Expense
6,537
3,815
Income/(Loss) Before Tax
37,557
33,043
Income Tax Expense
9,452
6,797
Net Income/(Loss) After Tax
28,105
26,246
Net Income/(Loss) Attributable to Parent Equity Holder
28,070
26,234
Earnings/(Loss) Per Share (Basic)
6.42
6.81
Earnings/(Loss) Per Share (Diluted)
6.42
6.81
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
-
-
Quick Ratio
(Current Assets - Inventory - Prepayments) / Current Liabilities
-
-
Solvency Ratio
Total Assets / Total Liabilities
112.6
110.3
Financial Leverage Ratios
Debt Ratio
Total Debt/Total Assets
88.8
90.6
Debt-to-Equity Ratio
Total Debt/Total Stockholders' Equity
794.3
968.7
Interest Coverage
Earnings Before Interest and Taxes (EBIT) / Interest Charges
308.2
301.3
Asset to Equity Ratio
Total Assets / Total Stockholders' Equity
894.3
1,068.
Profitability Ratios
Gross Profit Margin
Sales - Cost of Goods Sold or Cost of Service / Sales
81.9
80
Net Profit Margin
Net Profit / Sales
19.1
21.2
Return on Assets
Net Income / Total Assets
1.1
1.1
Return on Equity
Net Income / Total Stockholders' Equity
9.4
12.1
Price/Earnings Ratio
Price Per Share / Earnings Per Common Share
25.5
16.5
Other Relevant Information
Gross Revenue includes pre-acquisition income amounting to (P391M) presented as a separate line item before "Net Income before Income Tax" in the Statement of Income.
Please note that Financial Ratios are in percentage except for Price/Earnings Ratio.
Please see attached SEC Form 17¬A for further reference.