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

Mar 31, 2016

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

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	1,200,000,000

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:

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	Mar 31, 2016
Currency (indicate units, if applicable)	Philippine Pesos

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2016	Dec 31, 2015
Current Assets	2,549,908,734	2,624,493,829
Total Assets	3,792,416,338	3,867,849,108
Current Liabilities	1,355,066,819	1,277,359,838
Total Liabilities	1,474,469,655	1,596,762,674
Retained Earnings/(Deficit)	223,241,435	176,381,186
Stockholders' Equity	2,317,946,683	2,271,086,434
Stockholders' Equity - Parent	1,454,511,544	1,425,803,393
Book Value per Share	1.93	1.89

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	250,776,151	243,208,756	250,776,151	243,208,756
Other Revenue	26,998,394	26,079,961	26,998,394	26,079,961
Gross Revenue	277,774,545	269,288,717	277,774,545	269,288,717
Operating Expense	208,658,067	211,353,452	208,658,067	211,353,452
Other Expense	5,110,219	13,502,383	5,110,219	13,502,383
Gross Expense	213,768,286	224,783,535	213,768,286	224,783,535
Net Income/(Loss) Before Tax	64,006,259	44,432,882	64,006,259	44,432,882
Income Tax Expense	17,146,009	12,284,321	17,146,009	12,284,321
Net Income/(Loss) After Tax	46,860,250	32,148,561	46,860,250	32,148,561
Net Income Attributable to Parent Equity Holder	29,404,807	31,036,221	29,404,807	31,036,221
Earnings/(Loss) Per Share (Basic)	0.04	0.06	0.04	0.06
Earnings/(Loss) Per Share (Diluted)	0.04	0.06	0.04	0.06

Other Relevant Information
N/A