CR01667-2023

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, 2022
2. SEC Identification Number
CS200704758
3. BIR Tax Identification No.
006-199-192-000
4. Exact name of issuer as specified in its charter
ALTUS PROPERTY VENTURES, INC.
5. Province, country or other jurisdiction of incorporation or organization
Ilocos Norte, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Brgy. 1, San Francisco, San Nicolas, Ilocos Norte Postal Code 2901
8. Issuer's telephone number, including area code
8397-1888
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 stock 100,000,000
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:
The Philippine Stock Exchange
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

PHP411,127,987.50
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
Not applicable
(b) Any information statement filed pursuant to SRC Rule 20
Not applicable
(c) Any prospectus filed pursuant to SRC Rule 8.1
Not applicable

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.

Altus Property Ventures, Inc.APVI

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, 2022
Currency Philippine Peso
Balance Sheet
Year Ending Previous Year Ending
Dec 31, 2022 Dec 31, 2021
Current Assets 612,265,797 489,093,493
Total Assets 911,426,072 792,169,681
Current Liabilities 114,841,808 111,819,473
Total Liabilities 131,110,278 120,244,816
Retained
Earnings/(Deficit)
229,738,355 121,780,122
Stockholders' Equity 780,315,794 671,924,865
Stockholders' Equity - Parent 780,315,794 671,924,865
Book Value Per Share 7.8 6.72
Income Statement
Year Ending Previous Year Ending
Dec 31, 2022 Dec 31, 2021
Gross Revenue 194,417,969 129,362,966
Gross Expense 63,526,956 47,146,992
Non-Operating Income 5,497,704 809,125
Non-Operating Expense 231,720 1,603,223
Income/(Loss) Before Tax 136,156,997 81,421,876
Income Tax Expense 28,198,764 16,577,265
Net Income/(Loss) After Tax 107,958,233 64,844,611
Net Income/(Loss) Attributable to Parent Equity Holder 107,958,233 64,844,611
Earnings/(Loss) Per Share (Basic) 1.08 0.65
Earnings/(Loss) Per Share (Diluted) 1.08 0.65
Financial Ratios
Formula Fiscal Year Ended Previous Fiscal Year
Dec 31, 2022 Dec 31, 2021
Liquidity Analysis Ratios:
   Current Ratio or
Working Capital Ratio
Current Assets / Current Liabilities 5.33 4.37
   Quick Ratio (Current Assets - Inventory - Prepayments) / Current Liabilities 5.3 4.33
   Solvency Ratio Total Assets / Total Liabilities 6.95 6.59
Financial Leverage Ratios
   Debt Ratio Total Debt/Total Assets 0 0
   Debt-to-Equity Ratio Total Debt/Total Stockholders' Equity 0 0
   Interest Coverage Earnings Before Interest and Taxes (EBIT) / Interest Charges 0 0
   Asset to Equity Ratio Total Assets / Total Stockholders' Equity 1.17 1.18
Profitability Ratios
   Gross Profit Margin Sales - Cost of Goods Sold or Cost of Service / Sales 0.91 0.91
   Net Profit Margin Net Profit / Sales 0.56 0.5
   Return on Assets Net Income / Total Assets 0.12 0.08
   Return on Equity Net Income / Total Stockholders' Equity 0.14 0.1
Price/Earnings Ratio Price Per Share / Earnings Per Common Share 11.57 29.75
Other Relevant Information

Debt ratio, Debt-to-equity ratio and Interest coverage are zero or not applicable as Altus Property Ventures, Inc. has no borrowings as of December 31, 2022 and 2021.

Filed on behalf by:
Name Kerwin Max Tan
Designation Treasurer and Compliance Officer