CR03055-2019

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, 2019
2. SEC Identification Number
A200110402
3. BIR Tax Identification No.
213054503000
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
10 Resthaven Street, San Francisco Del Monte, Quezon City Postal Code 1105
8. Issuer's telephone number, including area code
(632) 3711111
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 1,549,999,999
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 Mar 31, 2019
Currency (indicate units, if applicable) Philippine Pesos
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Mar 31, 2019 Dec 31, 2018
Current Assets 3,334,645,401 4,035,128,413
Total Assets 6,784,337,551 7,376,509,443
Current Liabilities 568,892,011 1,336,943,660
Total Liabilities 1,859,121,942 2,420,786,928
Retained
Earnings/(Deficit)
1,074,460,864 1,104,587,006
Stockholders' Equity 4,867,255,070 4,897,381,212
Stockholders' Equity - Parent 3,186,803,214 3,206,528,107
Book Value per Share 3.14 3.16
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 302,811,262 319,930,476 302,811,262 319,930,476
Gross Expense 264,627,771 272,734,038 264,627,771 272,734,038
Non-Operating Income - - - -
Non-Operating Expense 30,901,646 26,747,889 30,901,646 26,747,889
Income/(Loss) Before Tax 7,281,845 20,448,549 7,281,845 20,448,549
Income Tax Expense 3,688,751 1,833,648 3,688,751 1,833,648
Net Income/(Loss) After Tax 3,593,094 18,614,901 3,593,094 18,614,901
Net Income Attributable to
Parent Equity Holder
2,352,555 12,187,176 2,352,555 12,187,176
Earnings/(Loss) Per Share
(Basic)
0 0.01 0 0.01
Earnings/(Loss) Per Share
(Diluted)
0 0.01 0 0.01
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.1 0.07
Earnings/(Loss) Per Share (Diluted) 0.1 0.07
Other Relevant Information

Please see attached SEC 17-Q report on the interim unaudited condensed consolidated financial statements and Management Discussion and Analysis of the 2019 First Quarter Consolidated Result of Operations and Financial Condition of SBS Philippines Corporation and its subsidiaries

Filed on behalf by:
Name JOSE FIDEL ACUNA
Designation CORPORATE INFORMATION OFFICER