CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Mar 10, 2023
2. SEC Identification Number
34218
3. BIR Tax Identification No.
000-153-610-000
4. Exact name of issuer as specified in its charter
AYALA CORPORATION
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
37F to 39F, Ayala Triangle Gardens Tower 2, Paseo de Roxas cor Makati Avenue,Makati CityPostal Code1226
8. Issuer's telephone number, including area code
(02) 7908-3000
9. Former name or former address, 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
619,148,362
Preferred B Series 1 Shares
20,000,000
Preferred B Series 2 Shares
30,000,000
Voting Preferred Shares
200,000,000
11. Indicate the item numbers reported herein
Item 9
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 CorporationAC
PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C) Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Ayala registers P27 billion net profit in 2022. Strong contributions from BPI and Ayala Land anchor 18 percent core earnings growth.
Background/Description of the Disclosure
Ayala Corporation’s core net income grew by 18 percent year-on-year to P27.7 billion in 2022. This was mainly due to higher contributions from BPI and Ayala Land, both of which benefitted from the re-opening of the economy.
Including significant one-off items such as gains from BPI’s sale of a property, Globe’s partial sale of its data center business and a portion of its towers, ACEN’s accelerated acquisition of UPC Australia, AC Energy’s write-off from the sale of SLTEC, and AC Venture’s impairment provisions on the investment in Yoma, Ayala’s reported net income was flat at P27.4 billion.