SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-A, AS AMENDED

ANNUAL REPORT PURSUANT TO SECTION 17
OF THE SECURITIES REGULATION CODE AND SECTION 141
OF THE CORPORATION CODE OF THE PHILIPPINES

1. For the fiscal year ended

Dec 31, 2021

2. SEC Identification Number

13174

3. BIR Tax Identification No.

000-108-278-000

4. Exact name of issuer as specified in its charter

LEISURE & RESORTS WORLD CORPORATION

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

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

26/F West Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City Postal Code 1606

8. Issuer's telephone number, including area code

632 634-5099

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	2,444,106,666
Preferred	0

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, Preferred, Warrants

12. Check whether the issuer:

(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

P995,546,907 (based on market price on 29 April 2022)

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.

Leisure & Resorts World CorporationLR

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, 2021
Currency	Php (In Thousands)

Balance Sheet

	Year Ending	Previous Year Ending
	Dec 31, 2021	Dec 31, 2020
Current Assets	1,613,422	1,815,188
Total Assets	18,594,730	19,250,317
Current Liabilities	3,532,134	3,563,984
Total Liabilities	8,910,161	8,694,932
Retained Earnings/(Deficit)	2,726,309	3,564,744
Stockholders' Equity	9,684,569	10,555,385
Stockholders' Equity - Parent	6,334,709	6,623,645
Book Value Per Share	3.96	4.37

Income Statement

	Year Ending	Previous Year Ending
	Dec 31, 2021	Dec 31, 2020
Gross Revenue	2,805,970	3,583,320
Gross Expense	3,238,501	4,213,295
Non-Operating Income	20,026	320,685
Non-Operating Expense	499,242	926,949
Income/(Loss) Before Tax	-911,747	-1,236,239
Income Tax Expense	-17,124	101,857
Net Income/(Loss) After Tax	-894,623	-1,338,096
Net Income/(Loss) Attributable to Parent Equity Holder	-828,435	-1,298,290
Earnings/(Loss) Per Share (Basic)	-0.34	-0.54
Earnings/(Loss) Per Share (Diluted)	-0.34	-0.54

Financial Ratios

	Formula	Fiscal Year Ended	Previous Fiscal Year
		Dec 31, 2021	Dec 31, 2019
Liquidity Analysis Ratios:
Current Ratio or Working Capital Ratio	Current Assets / Current Liabilities	45.7	50.2
Quick Ratio	(Current Assets - Inventory - Prepayments) / Current Liabilities	44.3	46.3
Solvency Ratio	Total Assets / Total Liabilities	208.7	-9.6
Financial Leverage Ratios
Debt Ratio	Total Debt/Total Assets	47.9	45.6
Debt-to-Equity Ratio	Total Debt/Total Stockholders' Equity	92	83.9
Interest Coverage	Earnings Before Interest and Taxes (EBIT) / Interest Charges	-3.68	-2.95
Asset to Equity Ratio	Total Assets / Total Stockholders' Equity	192	183.9
Profitability Ratios
Gross Profit Margin	Sales - Cost of Goods Sold or Cost of Service / Sales	39.2	35.7
Net Profit Margin	Net Profit / Sales	32.5	-37.3
Return on Assets	Net Income / Total Assets	4.8	-7.2
Return on Equity	Net Income / Total Stockholders' Equity	9.2	-13.2
Price/Earnings Ratio	Price Per Share / Earnings Per Common Share	-4.36	-3.54

Other Relevant Information
LRWC is not involved in any insolvency proceedings. Question No. 14 is not applicable.