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, 2021

2. SEC Identification Number

A200110402

3. BIR Tax Identification No.

213-054-503-000

4. Exact name of issuer as specified in its charter

SBS PHILIPPINES CORPORATION

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

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105

8. Issuer's telephone number, including area code

02 83711111

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	1,549,999,999

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.

SBS Philippines CorporationSBS

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, 2021
Currency (indicate units, if applicable)	Philippine Peso

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2021	Dec 31, 2020
Current Assets	2,311,477,814	2,516,019,151
Total Assets	8,082,086,391	8,770,487,935
Current Liabilities	1,543,260,049	2,043,901,411
Total Liabilities	1,559,969,397	2,394,182,089
Retained Earnings/(Deficit)	1,972,505,189	1,796,420,126
Stockholders' Equity	6,522,116,994	6,376,305,846
Stockholders' Equity - Parent	5,765,299,395	5,589,214,332
Book Value per Share	3.72	3.61

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	193,676,484	268,072,335	614,296,578	801,421,491
Gross Expense	161,483,498	205,036,420	497,346,659	650,155,185
Non-Operating Income	181,150	0	240,378,712	0
Non-Operating Expense	32,788,243	36,526,439	139,396,619	121,358,582
Income/(Loss) Before Tax	-414,107	26,509,476	217,932,012	29,907,724
Income Tax Expense	5,573,194	10,218,817	10,474,731	19,662,593
Net Income/(Loss) After Tax	-5,987,301	12,436,925	207,457,281	-1,237,519
Net Income Attributable to Parent Equity Holder	-1,142,593	8,996,084	180,093,083	7,929,500
Earnings/(Loss) Per Share (Basic)	0	0.01	0.12	0.01
Earnings/(Loss) Per Share (Diluted)	0	0.01	0.12	0.01

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.57	0
Earnings/(Loss) Per Share (Diluted)	0.57	0

Other Relevant Information

The Net Income after Tax for the quarter ended September 30, 2020 of Php 12,436,925 is inclusive of the Net Profit from continuing operations of Php 16,290,659 and the Net Loss after tax from discontinued operations amounting to Php 3,853,734. The Net Loss after Tax for the nine months ended September 30, 2020 of Php 1,237,519 is inclusive of the Net Profit from continuing operations of Php 10,245,131 and the Net Loss after tax from discontinued operations amounting to Php 11,482,650. Earnings Per Share (Basic and Diluted) is based on the Net Profit for the period attributable to Shareholders of SBS Philippines Corporation (the Parent Company) divided by the total number of outstanding shares.