CR05497-2014

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
C199800134
3. BIR Tax Identification No.
200-652-460
4. Exact name of issuer as specified in its charter
ABOITIZ POWER CORPORATION
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, Philippines 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 7,358,604,307
Amount of Debt Outstanding 82,232,499,000.00
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 Shares
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.

Aboitiz Power CorporationAP

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-amount in thousands
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2014 Dec 31, 2013
Current Assets 41,204,735 49,030,751
Total Assets 195,136,513 193,938,817
Current Liabilities 18,039,969 17,077,534
Total Liabilities 108,250,768 102,688,060
Retained
Earnings/(Deficit)
65,722,991 68,991,854
Stockholders' Equity 86,885,745 91,250,757
Stockholders' Equity - Parent 83,285,123 87,628,763
Book Value per Share 11.32 11.91
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 23,415,969 16,394,146 44,115,654 29,698,435
Other Revenue 1,750,035 1,662,455 2,858,397 2,788,715
Gross Revenue 25,166,004 18,056,601 46,974,051 32,487,150
Operating Expense 17,527,801 10,052,567 32,372,758 18,472,515
Other Expense 1,323,759 3,050,341 3,014,727 4,144,812
Gross Expense 18,851,560 13,102,908 35,387,485 22,617,327
Net Income/(Loss) Before Tax 6,314,444 4,953,693 11,586,566 9,869,823
Income Tax Expense 1,176,525 -100,231 2,013,881 125,148
Net Income/(Loss) After Tax 5,137,919 5,053,924 9,572,685 9,744,675
Net Income Attributable to
Parent Equity Holder
4,768,376 4,918,311 8,946,420 9,513,139
Earnings/(Loss) Per Share
(Basic)
0.65 0.67 1.22 1.29
Earnings/(Loss) Per Share
(Diluted)
0.65 0.67 1.22 1.29
Other Relevant Information

Please see attached.

Filed on behalf by:
Name Mailene de la Torre
Designation Associate General Counsel