CR05677-2015

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
Jun 30, 2015
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
NO. 10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105
8. Issuer's telephone number, including area code
(632) 371-1111
9. Former name or former address, and former fiscal year, if changed since last report
Former Name: SYTENGCO PHILIPPINES CORPORATION Former Address: RM. 502 REGINA GARDEN 2, REINA REGENTE ST., BINONDO, MANILA 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 780,000,000
TOTAL LIABILITIES 2,137,305,148.00
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 Jun 30, 2015
Currency (indicate units, if applicable) PHILIPPINE PESOS
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2015 Dec 31, 2014
Current Assets 1,966,294,120 2,179,533,691
Total Assets 3,206,466,530 3,427,394,576
Current Liabilities 1,467,505,696 1,683,729,177
Total Liabilities 2,137,305,148 2,849,419,608
Retained
Earnings/(Deficit)		 89,888,142 117,375,296
Stockholders' Equity 1,069,161,382 577,974,968
Stockholders' Equity - Parent 686,771,562 613,318,929
Book Value per Share 1.37 1.35
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 215,348,614 166,644,156 458,557,370 360,157,936
Other Revenue 26,768,283 17,558,283 56,491,897 44,226,036
Gross Revenue 242,116,897 184,202,439 515,049,267 404,383,972
Operating Expense 180,314,048 135,296,764 391,667,496 296,945,819
Other Expense 11,483,697 33,005,782 28,479,059 62,861,429
Gross Expense 191,797,745 168,302,546 420,146,555 359,807,248
Net Income/(Loss) Before Tax 50,319,152 15,899,893 94,902,712 44,576,724
Income Tax Expense 10,105,540 1,494,171 22,389,863 10,893,262
Net Income/(Loss) After Tax 40,213,612 14,405,722 72,512,849 33,683,462
Net Income Attributable to
Parent Equity Holder		 38,821,618 0 70,002,817 0
Earnings/(Loss) Per Share
(Basic)		 0.07 0.65 0.12 153.11
Earnings/(Loss) Per Share
(Diluted)		 0.07 0.65 0.12 153.11
Other Relevant Information

Unaudited Financial Statement attached
Filed on behalf by:
Name Regina Simona De Guzman
Designation Corporate Secretary and Compliance Officer