CR05237-2014

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
Aug 5, 2014
2. SEC Identification Number
PW-55
3. BIR Tax Identification No.
000-488-793
4. Exact name of issuer as specified in its charter
Philippine Long Distance Telephone Company
5. Province, country or other jurisdiction of incorporation or organization
Republic of the Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Ramon Cojuangco Building, Makati Avenue, Makati City Postal Code 0721
8. Issuer's telephone number, including area code
(632) 816-8556
9. Former name or former address, and former fiscal year, if changed since last report
Not Applicable
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 Capital Stock, Php5 par value 216,055,775
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:
NYSE, PDEx
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.

Philippine Long Distance Telephone CompanyTEL

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, 2014
Currency (indicate units, if applicable) Php in millions
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2014 Dec 31, 2013
Current Assets 81,287 67,663
Total Assets 411,152 399,638
Current Liabilities 128,808 129,047
Total Liabilities 280,887 262,312
Retained
Earnings/(Deficit)		 17,899 22,968
Stockholders' Equity 130,265 137,326
Stockholders' Equity - Parent 130,100 137,147
Book Value per Share 599.8 632.41
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 47,762 44,730 91,413 86,892
Other Revenue 4,877 2,689 5,985 3,891
Gross Revenue 42,885 42,041 85,428 83,001
Operating Expense 33,663 33,923 65,177 64,354
Other Expense 1,525 3,858 2,662 5,249
Gross Expense 32,138 30,065 62,515 59,105
Net Income/(Loss) Before Tax 14,099 10,807 26,236 22,538
Income Tax Expense 3,490 2,008 6,235 4,677
Net Income/(Loss) After Tax 10,609 8,799 20,001 17,861
Net Income Attributable to
Parent Equity Holder		 10,644 10,529 20,023 19,707
Earnings/(Loss) Per Share
(Basic)		 49.2 48.67 92.54 91.09
Earnings/(Loss) Per Share
(Diluted)		 49.2 48.67 92.54 91.09
Other Relevant Information

PLDT 2Q2014 Financial Results
(Book value per share and earnings per share are stated in peso amounts)
Filed on behalf by:
Name Ma. Lourdes Rausa-Chan
Designation Senior Vice President & Corporate Secretary