CR05267-2019

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
Jun 30, 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 Jun 30, 2019
Currency (indicate units, if applicable) PHILIPPINE PESO
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2019 Dec 31, 2018
Current Assets 3,272,495,676 4,035,128,413
Total Assets 6,703,471,537 7,376,509,443
Current Liabilities 478,399,559 1,336,943,660
Total Liabilities 1,769,485,367 2,420,786,928
Retained
Earnings/(Deficit)
1,083,675,995 1,104,587,006
Stockholders' Equity 4,876,470,201 4,897,381,212
Stockholders' Equity - Parent 3,192,836,760 3,206,528,107
Book Value per Share 3.15 3.16
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 323,029,635 271,869,648 625,840,897 591,800,124
Gross Expense 287,309,801 240,373,717 551,937,572 513,107,755
Non-Operating Income - 1,029,750 - 1,029,750
Non-Operating Expense 22,071,411 26,426,819 52,973,057 53,174,708
Income/(Loss) Before Tax 13,648,423 6,098,862 20,930,268 26,547,411
Income Tax Expense 4,877,863 1,523,642 8,566,613 3,357,290
Net Income/(Loss) After Tax 8,770,560 4,575,220 12,363,655 23,190,121
Net Income Attributable to
Parent Equity Holder
5,742,466 2,995,397 8,095,022 15,182,572
Earnings/(Loss) Per Share
(Basic)
0.01 0 0.01 0.01
Earnings/(Loss) Per Share
(Diluted)
0.01 0 0.01 0.01
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.11 0.05
Earnings/(Loss) Per Share (Diluted) 0.11 0.05
Other Relevant Information

Please see attached SEC 17-Q on the interim unaudited condensed consolidated financial statements and Management Discussion and Analysis of the 2019 Second Quarter Consolidated Result of Operations and Financial Condition of SBS PHILIPPINES CORPORATION and its subsidiaries.
The Stockholders' Equity for period ended June 30, 2019 of Php 4,876,470,201 is net of the Non Controlling Interest of Php 57,515,969 from the total equity of Php 4,933,986,170.
The Stockholders' Equity for Fiscal Year ended December 31, 2018 of Php 4,897,381,212 is net of Non Controlling Interest of Php 58,341,303 from the total equity of Php 4,955,722,515.

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