CR05944-2017

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, 2017
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 Jun 30, 2017
Currency (indicate units, if applicable) Philippine Pesos
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2017 Dec 31, 2016
Current Assets 4,682,358,553 2,940,982,068
Total Assets 6,245,213,527 3,990,644,716
Current Liabilities 952,956,628 774,600,775
Total Liabilities 2,951,562,947 782,760,830
Retained
Earnings/(Deficit)
908,524,784 1,143,501,171
Stockholders' Equity 3,293,650,580 3,207,883,886
Stockholders' Equity - Parent 2,152,730,019 2,013,909,504
Book Value per Share 2.74 2.67
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 266,863,550 293,576,672 528,787,356 571,351,217
Gross Expense 233,200,964 245,615,416 459,626,280 454,273,483
Non-Operating Income 3,284,619 827,265,212 4,863,274 826,273,802
Non-Operating Expense 3,063,226 73,450 3,929,267 4,192,259
Income/(Loss) Before Tax 33,883,979 875,153,018 70,095,083 939,159,277
Income Tax Expense 7,552,617 11,349,823 16,591,476 28,495,832
Net Income/(Loss) After Tax 26,331,362 863,803,195 53,503,607 910,663,445
Net Income Attributable to
Parent Equity Holder
17,210,178 542,295,646 34,969,958 571,714,511
Earnings/(Loss) Per Share
(Basic)
0.02 0.72 0.04 0.76
Earnings/(Loss) Per Share
(Diluted)
0.02 0.72 0.04 0.76
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.04 0.76
Earnings/(Loss) Per Share (Diluted) 0.04 0.76
Other Relevant Information

Please see attached SEC Form 17-Q Quarterly Report for the six-month period ended 30 June 2017 and related reports.

Filed on behalf by:
Name REGINA SIMONA DE GUZMAN
Designation GENERAL COUNSEL & COMPLIANCE OFFICER