(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
Php58.6 billion
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
n/a
(b) Any information statement filed pursuant to SRC Rule 20
n/a
(c) Any prospectus filed pursuant to SRC Rule 8.1
n/a
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.
Globe Telecom, Inc.GLO
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, 2020
Currency
Php thousands
Balance Sheet
Year Ending
Previous Year Ending
Dec 31, 2020
Dec 31, 2019
Current Assets
64,097,865
61,739,472
Total Assets
339,779,837
304,290,737
Current Liabilities
80,275,038
84,577,181
Total Liabilities
256,975,367
223,043,740
Retained Earnings/(Deficit)
40,682,494
37,169,604
Stockholders' Equity
82,804,470
81,246,997
Stockholders' Equity - Parent
82,567,064
81,112,421
Book Value Per Share
540.15
529.36
Income Statement
Year Ending
Previous Year Ending
Dec 31, 2020
Dec 31, 2019
Gross Revenue
160,519,542
166,660,337
Gross Expense
135,057,832
132,868,635
Non-Operating Income
1,677,953
0
Non-Operating Expense
0
964,326
Income/(Loss) Before Tax
27,139,663
32,827,376
Income Tax Expense
8,516,618
10,543,619
Net Income/(Loss) After Tax
18,623,045
22,283,757
Net Income/(Loss) Attributable to Parent Equity Holder
18,578,322
22,269,340
Earnings/(Loss) Per Share (Basic)
135.04
162.96
Earnings/(Loss) Per Share (Diluted)
134.4
162.2
Financial Ratios
Formula
Fiscal Year Ended
Previous Fiscal Year
Dec 31, 2020
Dec 31, 2019
Liquidity Analysis Ratios:
Current Ratio or Working Capital Ratio
Current Assets / Current Liabilities
0.8
0.73
Quick Ratio
(Current Assets - Inventory - Prepayments) / Current Liabilities
0.58
0.45
Solvency Ratio
Total Assets / Total Liabilities
0.23
0.27
Financial Leverage Ratios
Debt Ratio
Total Debt/Total Assets
0.49
0.45
Debt-to-Equity Ratio
Total Debt/Total Stockholders' Equity
2.02
1.68
Interest Coverage
Earnings Before Interest and Taxes (EBIT) / Interest Charges
9.07
9.53
Asset to Equity Ratio
Total Assets / Total Stockholders' Equity
4.1
3.75
Profitability Ratios
Gross Profit Margin
Sales - Cost of Goods Sold or Cost of Service / Sales
0.5
0.51
Net Profit Margin
Net Profit / Sales
0.13
0.15
Return on Assets
Net Income / Total Assets
0.05
0.07
Return on Equity
Net Income / Total Stockholders' Equity
0.23
0.29
Price/Earnings Ratio
Price Per Share / Earnings Per Common Share
15.03
12.4
Other Relevant Information
Included in this submission is a link to the Sustainability Report embodied in the 2020 Integrated Reported posted in the Company's official website: https://www.globe.com.ph/aboutus/sustainability/integrated-report.html