CR02501-2018

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
A199813754
3. BIR Tax Identification No.
201-277-095
4. Exact name of issuer as specified in its charter
Puregold Price Club, Inc.
5. Province, country or other jurisdiction of incorporation or organization
Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
No. 900 Romualdez St., Paco, Manila Postal Code 1007
8. Issuer's telephone number, including area code
(632) 522-8801 to 04
9. Former name or former address, and former fiscal year, if changed since last report
None
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 2,765,381,406
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:
The Philippine Stock Exchange, Inc.
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

Please refer to the attached Annual Report
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
SEC 17-A or Annual Report is attached as part of the disclosure
(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.

Puregold Price Club, Inc.PGOLD

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 Peso
Balance Sheet
Year Ending Previous Year Ending
Dec 31, 2017 Dec 31, 2016
Current Assets 31,558,179,989 27,801,589,624
Total Assets 71,464,093,218 65,382,713,754
Current Liabilities 19,460,770,301 16,062,347,295
Total Liabilities 23,502,237,068 22,209,705,882
Retained
Earnings/(Deficit)
24,285,491,145 19,551,431,916
Stockholders' Equity 47,961,856,150 43,173,007,872
Stockholders' Equity - Parent 47,961,856,150 43,173,007,872
Book Value Per Share 17.34 15.61
Income Statement
Year Ending Previous Year Ending
Dec 31, 2017 Dec 31, 2016
Gross Revenue 128,026,055,774 115,868,240,916
Gross Expense 119,641,931,689 107,950,876,612
Non-Operating Income 21,658,740 12,686,675
Non-Operating Expense 290,028,481 192,467,142
Income/(Loss) Before Tax 8,384,124,085 7,917,364,304
Income Tax Expense 2,543,912,294 2,391,133,897
Net Income/(Loss) After Tax 5,840,211,791 5,526,230,407
Net Income/(Loss) Attributable to Parent Equity Holder 5,840,211,791 5,526,230,407
Earnings/(Loss) Per Share (Basic) 2.11 2
Earnings/(Loss) Per Share (Diluted) 2.11 2
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 1.62 1.73
   Quick Ratio (Current Assets - Inventory - Prepayments) / Current Liabilities 0.65 0.64
   Solvency Ratio Total Assets / Total Liabilities 3.04 2.94
Financial Leverage Ratios
   Debt Ratio Total Debt/Total Assets 0.33 0.34
   Debt-to-Equity Ratio Total Debt/Total Stockholders' Equity 0.49 0.51
   Interest Coverage Earnings Before Interest and Taxes (EBIT) / Interest Charges 66.71 79.8
   Asset to Equity Ratio Total Assets / Total Stockholders' Equity 1.49 1.51
Profitability Ratios
   Gross Profit Margin Sales - Cost of Goods Sold or Cost of Service / Sales 16.6 16.5
   Net Profit Margin Net Profit / Sales 4.7 4.9
   Return on Assets Net Income / Total Assets 8.5 8.9
   Return on Equity Net Income / Total Stockholders' Equity 12.8 13.5
Price/Earnings Ratio Price Per Share / Earnings Per Common Share 23.68 19.52
Other Relevant Information

Please see attached SEC 17-A of Puregold Price Club, Inc. for the year 2017.

Filed on behalf by:
Name Ma. Cecilia Calderon
Designation Office Assistant