CR05583-2014

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
069039274
3. BIR Tax Identification No.
000506020000
4. Exact name of issuer as specified in its charter
Trans-Asia Oil and Energy Development Corporation
5. Province, country or other jurisdiction of incorporation or organization
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Level 11 Phinma Plaza, 39 Plaza Drive, Rockwell Center, Makati City Postal Code 1200
8. Issuer's telephone number, including area code
(632) 8700100
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 4,864,279,423
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
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.

Trans-Asia Oil and Energy Development CorporationTA

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) Philippine Peso
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2014 Dec 31, 2013
Current Assets 4,828,197,518 4,870,801,384
Total Assets 13,697,672,406 10,986,267,531
Current Liabilities 1,686,974,892 3,657,967,689
Total Liabilities 6,566,646,378 3,858,908,648
Retained
Earnings/(Deficit)
2,155,651,765 2,132,404,634
Stockholders' Equity 7,131,026,028 7,127,358,883
Stockholders' Equity - Parent 6,777,560,541 6,595,571,812
Book Value per Share 1.39 1.36
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 299,343,024 629,963,271 622,533,784 977,822,893
Other Revenue 33,004,350 -23,538,251 22,733,937 35,440,811
Gross Revenue 332,347,374 606,425,020 645,267,721 1,013,263,704
Operating Expense 134,853,323 415,873,145 248,705,812 603,712,341
Other Expense 54,024,647 844,125 72,916,141 1,021,717
Gross Expense 188,877,970 416,717,270 321,621,953 604,734,058
Net Income/(Loss) Before Tax 143,469,404 189,707,750 323,645,768 408,529,646
Income Tax Expense 36,447,046 57,272,627 106,836,979 111,204,363
Net Income/(Loss) After Tax 107,022,358 132,435,123 216,808,790 297,325,283
Net Income Attributable to
Parent Equity Holder
107,022,358 132,435,123 216,808,790 297,325,283
Earnings/(Loss) Per Share
(Basic)
0.02 0.03 0.05 0.06
Earnings/(Loss) Per Share
(Diluted)
0.02 0.03 0.05 0.06
Other Relevant Information

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Filed on behalf by:
Name Cecille Arenillo
Designation Compliance Officer