CR07159-2016

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
Sep 30, 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
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
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 Sep 30, 2016
Currency (indicate units, if applicable) Philippine Pesos
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Sep 30, 2016 Dec 31, 2015
Current Assets 2,671,914,842 2,624,493,829
Total Assets 3,614,725,303 3,867,849,108
Current Liabilities 293,786,473 1,277,359,838
Total Liabilities 413,189,309 1,596,762,674
Retained
Earnings/(Deficit)
1,103,110,561 172,661,001
Stockholders' Equity 3,201,535,994 2,271,086,434
Stockholders' Equity - Parent 2,009,924,297 1,425,803,393
Book Value per Share 2.67 1.89
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 258,952,389 236,639,311 776,054,875 695,196,681
Other Revenue 60,238,156 24,826,999 940,640,280 76,008,909
Gross Revenue 319,190,545 261,466,310 1,716,695,155 771,205,590
Operating Expense 245,404,482 193,896,227 699,677,965 90,726,878
Other Expense -6,619,682 11,948,994 -2,547,833 35,118,065
Gross Expense 238,784,800 205,845,221 697,130,132 125,844,943
Net Income/(Loss) Before Tax 80,405,745 55,621,089 1,019,565,023 150,523,801
Income Tax Expense 16,219,631 17,740,300 44,715,463 40,130,163
Net Income/(Loss) After Tax 64,186,114 37,880,789 974,849,560 110,393,638
Net Income Attributable to
Parent Equity Holder
40,296,042 23,770,195 611,718,099 69,253,183
Earnings/(Loss) Per Share
(Basic)
0.05 99.26 0.81 0.16
Earnings/(Loss) Per Share
(Diluted)
0.05 99.26 0.81 0.16
Other Relevant Information

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Filed on behalf by:
Name JENNIFER BALAO
Designation ASST. VICE PRESIDENT & ACCOUNTING HEAD