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

Sep 30, 2014

2. SEC Identification Number

A1996-11593

3. BIR Tax Identification No.

005-038-428

4. Exact name of issuer as specified in its charter

Manila Water Company, Inc.

5. Province, country or other jurisdiction of incorporation or organization

Quezon City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

MWSS Administration Building, Katipunan Road, Balara, Quezon City Postal Code 1105

8. Issuer's telephone number, including area code

(632) 917-5900 local 1424 / (632) 981-8129

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 Shares	2,047,519,110

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.

Manila Water Company, Inc.MWC

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	Sep 30, 2014
Currency (indicate units, if applicable)	PhP in Thousands

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2014	Dec 31, 2013
Current Assets	10,881,166	9,069,405
Total Assets	76,453,798	72,857,525
Current Liabilities	7,138,636	8,072,932
Total Liabilities	41,535,664	41,803,469
Retained Earnings/(Deficit)	27,964,993	24,402,675
Stockholders' Equity	34,918,134	31,054,056
Stockholders' Equity - Parent	32,826,159	29,696,025
Book Value per Share	16.09	14.97

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	4,093,761	3,907,745	12,206,803	11,539,554
Other Revenue	1,236,792	1,806,897	2,964,816	4,246,881
Gross Revenue	5,330,553	5,714,642	15,171,619	15,786,435
Operating Expense	2,036,648	1,772,285	5,571,398	5,105,061
Other Expense	1,422,047	2,137,144	3,696,590	5,134,058
Gross Expense	3,458,695	3,909,429	9,267,988	10,239,119
Net Income/(Loss) Before Tax	1,871,858	1,805,213	5,903,631	5,547,316
Income Tax Expense	422,399	409,205	1,292,356	1,227,058
Net Income/(Loss) After Tax	1,449,459	1,396,008	4,611,275	4,320,258
Net Income Attributable to Parent Equity Holder	1,390,441	1,381,960	4,548,873	4,293,006
Earnings/(Loss) Per Share (Basic)	0.54	0.56	1.76	1.75
Earnings/(Loss) Per Share (Diluted)	0.54	0.56	1.76	1.74

Other Relevant Information
None.