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

152747

3. BIR Tax Identification No.

000153790000

4. Exact name of issuer as specified in its charter

Ayala Land, Inc.

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

30F Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

(632) 7506974

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	14,190,488,638
Preferred Share	13,066,494,759
Amount of debt outstanding	51,978,210,000

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.

Ayala Land, Inc.ALI

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)	In thousand pesos

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2014	Dec 31, 2013
Current Assets	163,639,199	146,986,957
Total Assets	365,958,121	325,473,685
Current Liabilities	112,023,073	101,623,207
Total Liabilities	244,918,276	213,376,119
Retained Earnings/(Deficit)	62,471,728	57,608,700
Stockholders' Equity	121,039,845	112,097,566
Stockholders' Equity - Parent	103,621,833	98,469,775
Book Value per Share	0.01	0.01

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	22,055,319	20,825,482	67,878,151	57,324,518
Other Revenue	62,909	251,192	437,761	386,367
Gross Revenue	22,118,228	21,076,674	68,315,912	57,710,885
Operating Expense	16,107,579	16,017,536	50,368,851	43,277,042
Other Expense	-210,757	224,345	473,213	479,083
Gross Expense	15,896,822	16,241,881	50,842,064	43,756,125
Net Income/(Loss) Before Tax	6,221,406	4,834,793	17,473,848	13,954,760
Income Tax Expense	1,706,868	1,114,698	4,342,976	3,619,823
Net Income/(Loss) After Tax	4,514,538	3,720,095	13,130,872	10,334,937
Net Income Attributable to Parent Equity Holder	3,734,076	2,979,171	10,788,468	8,602,441
Earnings/(Loss) Per Share (Basic)	0.26	0.21	0.76	0.62
Earnings/(Loss) Per Share (Diluted)	0.26	0.21	0.76	0.62

Other Relevant Information
None