CR05403-2014

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
Jun 30, 2014
2. SEC Identification Number
A1998-18260
3. BIR Tax Identification No.
202-464-633-000
4. Exact name of issuer as specified in its charter
First Gen Corporation
5. Province, country or other jurisdiction of incorporation or organization
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
3rd Floor, Benpres Bldg., Exchange Road, Pasig City Postal Code 1600
8. Issuer's telephone number, including area code
632 4496400
9. Former name or former address, and former fiscal year, if changed since last report
-
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 3,363,913,757
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 issuer's common shares, as well as Series F and G preferred shares, are listed with the PSE.
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.

First Gen CorporationFGEN

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) USD in thousands
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2014 Dec 31, 2013
Current Assets 1,165,469 1,376,178
Total Assets 4,956,835 4,914,094
Current Liabilities 698,572 558,651
Total Liabilities 3,076,197 3,184,227
Retained
Earnings/(Deficit)		 683,691 600,974
Stockholders' Equity 1,880,638 1,729,867
Stockholders' Equity - Parent 1,484,534 1,350,015
Book Value per Share 0.45 0.4
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 478,457 490,014 935,470 984,615
Other Revenue 24,325 2,252 27,108 4,750
Gross Revenue 502,782 492,266 962,578 989,365
Operating Expense 341,596 380,556 673,908 737,437
Other Expense 40,225 66,643 82,667 101,831
Gross Expense 381,821 447,199 756,575 839,268
Net Income/(Loss) Before Tax 120,961 45,067 206,003 150,097
Income Tax Expense 18,788 16,676 36,562 34,055
Net Income/(Loss) After Tax 102,173 28,391 169,441 116,042
Net Income Attributable to
Parent Equity Holder		 59,715 21,879 102,589 77,723
Earnings/(Loss) Per Share
(Basic)		 0.01 0 0.02 0.01
Earnings/(Loss) Per Share
(Diluted)		 0.01 0 0.02 0.01
Other Relevant Information

Please see attached report on SEC Form 17-Q. The amounts indicated herein are presented in US Dollars and in Thousands. The earnings per share is also presented in U.S. dollar.
Filed on behalf by:
Name Rachel Hernandez
Designation Vice President and Corporate Secretary