CR07491-2020

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, 2020
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
(02) 8371-1111
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 1,549,999,999
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 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 Sep 30, 2020
Currency (indicate units, if applicable) PHILIPPINE PESO
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Sep 30, 2020 Dec 31, 2019
Current Assets 2,190,989,228 2,311,690,168
Total Assets 8,284,470,408 8,447,892,704
Current Liabilities 1,736,413,518 1,780,913,707
Total Liabilities 2,607,963,034 2,770,147,811
Retained
Earnings/(Deficit)
1,097,284,548 1,089,355,048
Stockholders' Equity 4,890,078,754 4,882,149,254
Stockholders' Equity - Parent 3,201,746,871 3,196,555,083
Book Value per Share 3.15 3.15
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 268,072,336 357,866,462 801,421,492 983,707,359
Gross Expense 210,541,783 286,259,723 666,559,167 838,197,295
Non-Operating Income - - - -
Non-Operating Expense 36,526,439 31,564,583 121,358,582 84,537,640
Income/(Loss) Before Tax 21,004,114 40,042,156 13,503,743 60,972,424
Income Tax Expense 8,567,189 11,486,363 14,741,262 20,052,974
Net Income/(Loss) After Tax 12,436,925 28,555,795 -1,237,519 40,919,450
Net Income Attributable to
Parent Equity Holder
8,142,995 18,696,719 -810,257 26,791,740
Earnings/(Loss) Per Share
(Basic)
0.01 0.02 0 0.03
Earnings/(Loss) Per Share
(Diluted)
0.01 0.02 0 0.03
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0 0.12
Earnings/(Loss) Per Share (Diluted) 0 0.12
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 2020 Third Quarter Consolidated Result of Operations and Financial Condition of SBS Philippines Corporation and its subsidiaries. Also attached is the Aging of Trade Receivables as of September 30, 2020.

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