CR03275-2021

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
Mar 31, 2021
2. SEC Identification Number
AS 094-004462
3. BIR Tax Identification No.
000-426-523
4. Exact name of issuer as specified in its charter
GLOBAL-ESTATE RESORTS, INC.
5. Province, country or other jurisdiction of incorporation or organization
Taguig City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
16th Floor, Alliance Global Tower, 36th Street cor. 11th Avenue, Uptown Bonifacio, Taguig City Postal Code 1634
8. Issuer's telephone number, including area code
(632) 5328-4370 to 78
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 Shares 10,986,000,000
Outstanding debts (loans) 5,404,411,760
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 Stocks
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.

Global-Estate Resorts, Inc.GERI

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 Mar 31, 2021
Currency (indicate units, if applicable) Philippine Peso
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Mar 31, 2021 Dec 31, 2020
Current Assets 34,906,691,109 33,678,603,585
Total Assets 51,073,863,560 50,561,227,262
Current Liabilities 8,143,348,531 8,022,024,667
Total Liabilities 16,199,999,759 16,009,987,380
Retained
Earnings/(Deficit)
13,206,737,733 12,906,744,489
Stockholders' Equity 34,873,863,801 34,551,239,882
Stockholders' Equity - Parent 28,948,105,473 28,648,112,229
Book Value per Share 3.17 3.15
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 1,201,409,166 1,527,526,099 1,201,409,166 1,527,526,099
Gross Expense 782,095,914 1,023,839,187 782,095,914 1,023,839,187
Non-Operating Income 107,800,943 108,551,659 107,800,943 108,551,659
Non-Operating Expense 26,768,452 101,378,182 26,768,452 101,378,182
Income/(Loss) Before Tax 419,313,252 503,686,912 419,313,252 503,686,912
Income Tax Expense 96,689,333 138,738,101 96,689,333 138,738,101
Net Income/(Loss) After Tax 322,623,919 364,948,811 322,623,919 364,948,811
Net Income Attributable to
Parent Equity Holder
299,993,244 247,962,009 299,993,244 247,962,009
Earnings/(Loss) Per Share
(Basic)
0.03 0.02 0.03 0.02
Earnings/(Loss) Per Share
(Diluted)
0.03 0.02 0.03 0.02
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.1 0.12
Earnings/(Loss) Per Share (Diluted) 0.1 0.11
Other Relevant Information

None

Filed on behalf by:
Name Christian Sorita
Designation Corporate Legal Head