Академический Документы
Профессиональный Документы
Культура Документы
TEL
Business Summary
Philippine Long Distance Telephone Company (PLDT) is a telecommunications service provider
in the Philippines. The Company operates in three business segments, including wireless, fixed line
and others. The Company through its three business segments offers a range of telecommunications
services across the Philippines' fiber optic backbone and wireless, fixed line and satellite networks.
The Company provides cellular and wireless broadband, satellite and other services through its
wireless business. The Company's fixed line business group offers local exchange, international
long distance, national long distance, data and other network, and miscellaneous services. Other
business consists of PCEV, an investment holding company.
Share Performance
2,750.00 52 Week High:
Price (PHP):
Volume (millions): 0.2
52 Week Low:
3,456.69 Currency:
2,680.00
PHP
Melissa De Dios (First Vice President,
IR Contact Officer)
http://www.pldt.com.ph
17.46
16,929
P/E:
Employees:
(Millions)
Market Cap:
Shares Outstanding:
Float:
594,000.00
216.00
106.85
Sa le s
173600
171000
168300
165700
163000
160400
De c 1 2
De c 1 3
De c 1 4
(PHP Millions)
In co m e
36800
Financial Summary
BRIEF: For the six months ended 30 June 2015, Philippine Long Distance Telephone Co. revenues
decreased less than 1% to PP85.19B. Net income applicable to common stockholders decreased 6%
to PP18.7B. Revenues reflect Fixed Line segment increase of 5% to PP27.87B, also reflect Wireless
segment decrease of 3% to PP57.32B. Net income was partially offset by Foreign exchange gains
(losses) net decrease from PP459M (income) to PP439M (expense).
Valuation Ratios
Price/Earnings
Price/Sales
Price/Book
Price/Cashflow
17.46
3.47
9.66
8.92
36100
35500
34800
34100
33400
De c 1 2
De c 1 3
De c 1 4
(PHP Millions)
157.51
791.29
622.06
308.06
127.76
Ea r n in gs p e r Sh a r e
1 8 7 .8
1 8 4 .5
1 8 1 .2
1 7 7 .9
1 7 4 .7
Profitability Ratios
Gross Margin
Operating Margin
Net Profit Margin
(%)
92.10
26.53
19.94
Management Effectiveness
Return on Equity (MRI)
Return on Assets (MRI)
Return on Investment (MRI)
(%)
1 7 1 .4
De c 1 2
25.16
8.16
12.10
De c 1 3
De c 1 4
(PHP)
Div id e n d s p e r Sh a r e
Financial Strength
Quick Ratio (MRI)
Current Ratio (MRI)
LT Debt/Equity (MRI)
Total Debt/Equity (MRI)
0.50
0.53
0.86
0.97
Dividend Information
Dividend Yield (%)
Dividend per Share (MRI)
Payout Ratio (MRI)
1 3 3 .3
4.58
130.00
82.53
1 3 0 .0
1 2 6 .7
1 2 3 .3
1 2 0 .0
1 1 6 .7
De c 1 2
De c 1 3
De c 1 4
(PHP)
TTM: Trailing Twelve Months; MRQ: Most Recent Quarter; MRI: Most Recent Interim.
Latest fiscal year: 2014; Most recent quarter: 1; Fiscal year end month: December;
All Ratios are calculated for the latest fiscal year end unless otherwise indicated.
Data Source: Reuters Fundamentals
TEL
Quick Ratio
Current Ratio
LT Debt/Equity
Total Debt Equity
12 Mo
Dec 13
12 Mo
Dec 14
MRI
3 Year
Average
0.51
0.45
0.46
0.50
0.47
0.69
0.52
0.53
0.53
0.58
0.71
0.65
0.86
0.86
0.74
0.71
0.76
0.97
0.97
0.81
Cu r r e n t Ra t io
0 .7 5
0 .6 9
0 .6 3
0 .5 8
Current Ratio
Total Current Assets
0 .5 2
0 .4 6
1 2 Mo
1 2 Mo
1 2 Mo
De c 1 2 De c 1 3 De c 1 4
MRI
3 Ye a r
Av e r a ge
Quick Ratio: Cash plus Short Term Investments plus Accounts Receivable divided by the Total Current Liabilities for the same period. Current Ratio: Total Current Assets divided by Total Current
Liabilities for the same period. Long Term Debt To Total Equity: Total Long Term Debt divided
by Total Shareholder Equity. Total Debt to Total Equity: Total Debt divided by Total Shareholder
Equity for the same period.
0.53
75,194.00
142,847.00
Profitability
12 Mo
Dec 12
12 Mo
Dec 13
12 Mo
Dec 14
3 Year
Average
94.63
92.99
92.10
93.24
28.41
27.88
26.53
27.61
21.81
19.83
19.94
20.53
7.17
7.56
8.80
7.84
Gr o s s Ma r gin (%)
9 5 .5
9 4 .6
9 3 .8
9 2 .9
9 2 .1
9 1 .3
1 2 Mo
1 2 Mo
1 2 Mo
De c 1 2 De c 1 3 De c 1 4
3 Ye a r
Av e r a ge
Gross Margin: This value measures the percent of revenue left after paying all direct production expenses. It is calculated as Revenue minus the Cost of Goods Sold divided by the Revenue and multiplied
by 100. Operating Margin: This value measures the percent of revenues remaining after paying all
operating expenses. It is calculated as Operating Income divided by the Total Revenue, multiplied by
100. Net Profit Margin: Also known as Return on Sales, this value is the Income After Taxes divided
by Total Revenue for the same period and is expressed as a percentage. Interest Coverage: The
Operating Income divided by the company's interest obligations.
TTM: Trailing Twelve Months; MRQ: Most Recent Quarter; MRI: Most Recent Interim.
Latest fiscal year: 2014; Most recent quarter: 1; Fiscal year end month: December;
All Ratios are calculated for the latest fiscal year end unless otherwise indicated.
Data Source: Reuters Fundamentals
92.10 (%)
157,450.00
x 100
170,962.00
TEL
Return on Equity %
Return on Assets %
Return on Investments %
12 Mo
Dec 13
12 Mo
Dec 14
3 Year
Average
24.31
23.64
25.16
8.83
8.29
8.16
24.37
8.43
12.66
12.05
12.09
12.27
Re t u r n o n As s e t s %
9 .0 5
8 .8 3
8 .6 1
8 .3 8
8 .1 6
7 .9 4
1 2 Mo
1 2 Mo
1 2 Mo
De c 1 2 De c 1 3 De c 1 4
3 Ye a r
Av e r a ge
Return On Equity: Income Available to Common Stockholders divided by the Common Equity and
expressed as a percentage. Return on Assets: This value is the Income After Taxes divided by the
Average Total Assets, expressed as a percentage. Return on Investments: Income after taxes divided
by the average total long term debt, other long term liabilities and shareholders equity, and expressed
as a percentage.
x 100
8.16 (%)
34,090.00
x 100
417,966.50
Dividend Information
12 Mo
Dec 12
12 Mo
Dec 13
12 Mo
Dec 14
72.92
81.12
82.53
120.00
125.00
130.00
3 Year
Growth
3 Year
Average
78.86
Pa y o u t Ra t io (%)
8 5 .7
8 2 .5
Primary EPS
x 100
82.53 (%)
130.00
x 100
157.51
7 9 .3
7 6 .1
7 2 .9
6 9 .7
1 2 Mo
1 2 Mo
1 2 Mo
De c 1 2 De c 1 3 De c 1 4
3 Ye a r
Av e r a ge
Dividend Per Share: Common Stock Cash Dividends divided by the shares outstanding. Payout Ratio:
This ratio is the percentage of the Primary/Basic Earnings Per Share Excluding Extraordinary Items
paid to common stockholders in the form of cash dividends.
TTM: Trailing Twelve Months; MRQ: Most Recent Quarter; MRI: Most Recent Interim.
Latest fiscal year: 2014; Most recent quarter: 1; Fiscal year end month: December;
All Ratios are calculated for the latest fiscal year end unless otherwise indicated.
Data Source: Reuters Fundamentals
TEL
12 Mo
Dec 13
12 Mo
Dec 14
164.55
154.09
157.51
754.59
779.11
791.29
671.31
632.41
619.69
164.33
154.24
157.51
172.69
150.99
127.76
Interim
3 Year
Growth
0.00
0.01
**622.06
(0.03)
0.00
**127.76
(0.16)
*MRQ
**MRI
Ea r n in gs Pe r Sh a r e
1 6 8 .0
1 6 4 .5
1 6 1 .1
1 5 7 .6
1 5 4 .1
1 5 0 .6
The most important Per-Share Data item is Earnings Per Share. That's because ultimately, the price
of your stock is related in some way to the value of
the stream of earnings attributable to that share.
Earnings Per Share
Adjusted Income Avail. to Common Shareholders
Diluted Weighted Average Shares
157.51
34,032.00
216.06
1 2 Mo
1 2 Mo
1 2 Mo
De c 1 2 De c 1 3 De c 1 4
EPS Excluding Extraordinary Items: This is the adjusted income available to Common divided by
the diluted weighted average shares outstanding. Sales (Revenue) Per Share: Total Revenue divided
by the Average Diluted Shares Outstanding. Book Value Per Share: This is defined as the Common
Shareholder's Equity divided by the Shares Outstanding. Cash Flow: Cash Flow is defined as the sum
of Income After Taxes minus Preferred Dividends and General Partner Distributions plus Depreciation, Depletion and Amortization. Cash Per Share: This is the Total Cash plus Short Term Investments divided by the Shares Outstanding.
TTM: Trailing Twelve Months; MRQ: Most Recent Quarter; MRI: Most Recent Interim.
Latest fiscal year: 2014; Most recent quarter: 1; Fiscal year end month: December;
All Ratios are calculated for the latest fiscal year end unless otherwise indicated.
Data Source: Reuters Fundamentals
TEL
Consensus Estimates
Analyst Recommendations
& Revisions
Current
As of 1
Week Ago
As of 4
Weeks Ago
As of 8
Weeks Ago
As of 13
Weeks Ago
Buy
Outperform
Hold
Underperform
Strong Sell
3.6
3.6
3.5
3.6
3.6
Mean Rating
Current
As of 1
Week Ago
As of 4
Weeks Ago
As of 8
Weeks Ago
Consensus Recommendation
UNDERPERFORM
Company Fiscal Year End Month
December
Last Updated
22 August 2015
As of 13
Weeks Ago
Sales (Millions)
Sa le s
178600
172,335.0
172,335.0
172,964.0
172,828.0
172,902.0
176600
176,564.0
176,564.0
177,371.0
177,507.0
177,771.0
174500
160.9
160.9
161.6
162.0
161.7
170400
161.2
161.2
163.7
163.5
164.3
168300
172400
De c 1 4
De c 1 5
De c 1 6
(PHP Millions)
No. of
Estimates
Mean
Estimate
High
Estimate
Low
Estimate
Sales (Millions)
Year Ending Dec 15
16
172,335.0
177,241.0
159,466.0
16
176,564.0
182,990.0
159,612.0
17
160.9
167.0
151.2
17
161.2
176.6
150.0
Estimate
Actual
Difference
Surprise (%)
Sales (Millions)
Year Ending Dec 14
170,376.00
170,962.00
586.33
0.34
171.94
172.88
0.94
0.55
171.62
156.00
15.62
9.10
TEL
RES
UPD
T o t a l Re v e n u e
UPD
173600
Total Revenue
Cost of Revenue,Total
Gross Profit
Selling/General/Admin.Expenses
Research & Development
Depreciation/Amortization
Interest Expense/Income Net Op.
Unusual Income/Expense
Other Operating Expenses,Total
Total Operating Expense
Operating Income
Interest Expense/Income Net Non Op.
Gain/(Loss) on Sale of Assets
Other, Net
Income Before Tax
(PHP Millions)
(PHP Millions)
(PHP Millions)
12Months
31 Dec 12
12Months
31 Dec 13
12Months
31 Dec 14
163,033.0
168,331.0
170,962.0
8,747.0
11,806.0
13,512.0
154,286.0
156,525.0
157,450.0
73,749.0
75,233.0
77,215.0
--
--
--
33,275.0
31,324.0
32,528.0
171000
168300
165700
163000
160400
De c 1 2
--
--
--
5,543.0
6,046.0
158500
(4,341.0)
(2,504.0)
(3,697.0)
157500
116,716.0
121,402.0
125,604.0
156400
46,317.0
46,929.0
45,358.0
155300
--
--
--
154300
153200
--
--
--
(383.0)
(168.0)
43,606.0
41,632.0
44,148.0
Gr o s s Pr o fit
De c 1 2
8,050.0
8,248.0
10,058.0
35,556.0
33,384.0
34,090.0
47500
46900
49.0
(33.0)
1.0
--
--
--
--
--
--
35,605.0
33,351.0
34,091.0
--
--
--
543.0
2,069.0
0.0
Extraodinary Item
--
--
--
--
--
--
36,148.0
35,420.0
34,091.0
(52.0)
(60.0)
(59.0)
36800
--
--
--
36100
35,553.0
33,291.0
34,032.0
35500
36,096.0
35,360.0
34,032.0
34800
216.1
216.1
216.1
34100
164.555
154.085
157.515
33400
167.069
163.661
157.515
Dilution Adjustment
--
--
--
Accounting Change
Discontinued Operations
Net Income
Preferred Dividends
General Partner's Distributions
36,096.000
35,360.000
34,032.000
216.055
216.056
216.056
164.555
154.085
157.515
167.069
163.661
157.515
120.000
125.000
130.000
36,946.000
--
28,087.000
6,458.000
6,206.000
5,152.000
(914.000)
(421.000)
(442.000)
32,820.000
30,457.000
31,379.000
5,286.000
5,543.000
6,046.000
48,892.000
47,175.000
50,194.000
975.836
1,098.160
1,377.430
9,025.840
9,346.160
11,435.400
39,866.199
37,828.801
38,758.602
39,863.199
37,735.801
38,700.602
184.505
174.658
179.123
184.505
174.658
179.123
SGVC
UNO
17-A
SGVC
UNO
17-A
SGVC
UNO
17-A
Auditor
Auditor Opinion
Source Document
De c 1 4
Op e r a t in g In co m e
Equity In Affiliates
Net Income Before Extra. Items
De c 1 3
(PHP Millions)
De c 1 4
(PHP Millions)
5,286.0
(418.0)
De c 1 3
46400
45900
45400
44800
De c 1 2
De c 1 3
De c 1 4
(PHP Millions)
Ne t In co m e
De c 1 2
De c 1 3
De c 1 4
(PHP Millions)
De c 1 3
De c 1 4
(PHP Millions)
TEL
RES
UPD
Ca s h & Sh o r t T e r m In v e s t m e n t s
UPD
40500
(PHP Millions)
(PHP Millions)
(PHP Millions)
31 Dec 12
31 Dec 13
31 Dec 14
37300
5,611.0
5,938.0
6,816.0
34100
--
--
--
30800
31,700.0
26,685.0
20,781.0
27600
37,311.0
32,623.0
27,597.0
24400
16,379.0
17,564.0
29,151.0
--
--
--
Other Receivables
8,116.0
8,248.0
8,332.0
24,495.0
25,812.0
37,483.0
Total Inventory
1,372.0
3,164.0
3,706.0
Prepaid Expenses
5,144.0
6,054.0
6,406.0
16,419.0
10.0
2.0
84,741.0
67,663.0
75,194.0
74,869.0
581,286.0
605,598.0
Accumulated Depreciation
(280,955.0)
(388,621.0)
(413,614.0)
Property/Plant/Equip., Net
(206,086.0)
192,665.0
191,984.0
62,240.0
62,127.0
62,164.0
6,165.0
11,791.0
10,678.0
32,933.0
45,395.0
72,908.0
139000
Cash
Cash and Equivalents
Property/Plant/Equipment - Gross
De c 1 2
De c 1 3
De c 1 4
(PHP Millions)
T o t a l Cu r r e n t As s e t s
90000
85000
79000
73000
68000
62000
De c 1 2
De c 1 3
De c 1 4
(PHP Millions)
Goodwill, Net
Intangibles, Net
Long Term Investments
Note Receivable - Long Term
T o t a l De b t
--
--
--
130000
425,822.0
19,997.0
23,367.0
121000
--
--
--
112000
405,815.0
399,638.0
436,295.0
103000
Accounts Payable
--
34,882.0
40,923.0
94000
Payable/Accrued
--
--
--
Accrued Expenses
--
53,057.0
60,476.0
0.0
0.0
0.0
8.0
15,171.0
14,729.0
De c 1 2
T o t a l Eq u it y
149300
122,276.0
25,937.0
26,719.0
122,284.0
129,047.0
142,847.0
102,811.0
88,924.0
115,399.0
10.0
6.0
1.0
102,821.0
88,930.0
115,400.0
134400
Total Debt
102,829.0
104,101.0
130,129.0
130600
5,713.0
4,437.0
4,427.0
184.0
179.0
304.0
145600
141800
138100
De c 1 2
29,263.0
39,898.0
38,953.0
260,265.0
262,491.0
301,931.0
2 1 6 .0 7
--
--
2 1 6 .0 6
510.0
510.0
2 1 6 .0 4
1,093.0
1,093.0
1,093.0
2 1 6 .0 2
130,566.0
130,562.0
130,521.0
23,273.0
22,968.0
17,030.0
(6,505.0)
(6,505.0)
(6,505.0)
--
--
--
Unrealized Gain/Loss
--
--
--
(3,387.0)
(11,481.0)
(8,285.0)
Total Equity
145,550.0
137,147.0
134,364.0
405,815.0
399,638.0
436,295.0
216.1
216.1
216.0
150.0
36.0
300.0
SGVC
UNO
17-Q
SGVC
UNO
17-A
SGVC
UNO
17-A
Auditor
Auditor Opinion
Source Document
De c 1 4
T o t a l Co m m o n Sh a r e s Ou t s t a n d in g
--
Common Stock
De c 1 3
(PHP Millions)
510.0
De c 1 4
(PHP Millions)
De c 1 3
2 1 6 .0
2 1 5 .9 8
De c 1 2
De c 1 3
De c 1 4
(PHP Millions)
TEL
UPD
UPD
T o t a l Ca s h fr o m Op e r a t in g Act iv it ie s
UPD
85200
(PHP Millions)
(PHP Millions)
(PHP Millions)
12Months
31 Dec 12
12Months
31 Dec 13
12Months
31 Dec 14
43,841.0
41,632.0
44,148.0
Depreciation/Depletion
32,820.0
30,457.0
31,379.0
1,101.0
1,075.0
1,149.0
--
--
--
4,331.0
10,125.0
6,602.0
--
--
--
Amortization
Deferred Taxes
Non-Cash Items
Cash Receipts
Cash Payments
80400
75600
70800
66000
61200
De c 1 2
--
--
--
10,106.0
11,559.0
11,781.0
- 26400
6,269.0
5,380.0
5,178.0
- 28700
(1,723.0)
(9,526.0)
(17,263.0)
- 31000
80,370.0
73,763.0
66,015.0
- 33200
(35,482.0)
(28,707.0)
(34,647.0)
- 35500
- 37700
Ca p it a l Ex p e n d it u r e s
(3,576.0)
7,662.0
(17,039.0)
(39,058.0)
(21,045.0)
(51,686.0)
(12,452.0)
(5,625.0)
(5,625.0)
(36,934.0)
(37,804.0)
(39,900.0)
165.0
(5.0)
115.0
220
170
593.0
(16,379.0)
25,513.0
(48,628.0)
(59,813.0)
(19,897.0)
(445.0)
704.0
322.0
(7,761.0)
(6,391.0)
(5,246.0)
Depreciation, Supplemental
32,820.0
30,457.0
31,379.0
6,269.0
5,380.0
5,178.0
10,106.0
11,559.0
11,781.0
SGV
UNO
17-A
SGVC
UNO
17-A
SGVC
UNO
17-A
De c 1 4
(PHP Millions)
Capital Expenditures
De c 1 3
De c 1 2
De c 1 3
De c 1 4
(PHP Millions)
Is s u e o f St o ck
110
50
0
- 60
De c 1 2
De c 1 3
De c 1 4
(PHP Millions)
Is s u e o f De b t
39000
26000
12000
- 2000
- 16000
- 30000
De c 1 2
De c 1 3
De c 1 4
(PHP Millions)
Ne t Ch a n ge in Ca s h
- 4400
- 5200
- 6100
- 6900
- 7800
- 8600
De c 1 2
De c 1 3
De c 1 4
(PHP Millions)
TEL
CLA
UPD
UPD
UCA
T o t a l Re v e n u e
UPD
44300
(PHP Millions)
(PHP Millions)
(PHP Millions)
(PHP Millions)
(PHP Millions)
3Months
31 Mar 14
3Months
30 Jun 14
3Months
30 Sep 14
3Months
31 Dec 14
3Months
31 Mar 15
42,564.0
42,885.0
41,842.0
43,692.0
42,553.0
3,449.0
3,476.0
3,255.0
3,332.0
3,704.0
Gross Profit
39,115.0
39,409.0
38,587.0
40,360.0
38,849.0
Selling/General/Admin.Expenses
18,463.0
19,866.0
19,274.0
19,568.0
18,454.0
--
--
--
--
--
7,491.0
7,573.0
7,695.0
9,769.0
7,164.0
Total Revenue
Cost of Revenue,Total
43700
43100
42500
41800
41200
Ma r 1 4 Ju n 1 4 Se p 1 4 De c 1 4 Ma r 1 5
(PHP Millions)
--
--
--
--
--
637.0
784.0
395.0
4,230.0
866.0
41000
(577.0)
(1,674.0)
(848.0)
(533.0)
(516.0)
40400
29,463.0
30,025.0
29,771.0
36,366.0
29,672.0
39800
Operating Income
13,101.0
12,860.0
12,071.0
7,326.0
12,881.0
39200
--
--
--
--
--
38600
38000
Unusual Income/Expense
Other Operating Expenses,Total
Gr o s s Pr o fit
--
--
--
--
--
(183.0)
100.0
(19.0)
(66.0)
(128.0)
12,137.0
14,099.0
10,467.0
7,445.0
12,256.0
2,745.0
3,490.0
2,531.0
1,292.0
2,858.0
9,392.0
10,609.0
7,936.0
6,153.0
9,398.0
15000
13100
Other, Net
Minority Interest
Ma r 1 4 Ju n 1 4 Se p 1 4 De c 1 4 Ma r 1 5
(PHP Millions)
Op e r a t in g In co m e
(13.0)
35.0
(2.0)
(19.0)
(11.0)
Equity In Affiliates
--
--
--
--
--
--
--
--
--
--
9,379.0
10,644.0
7,934.0
6,134.0
9,387.0
Accounting Change
--
--
--
--
--
Discontinued Operations
--
0.0
0.0
0.0
--
Extraodinary Item
--
--
--
--
--
--
--
--
--
--
9,379.0
10,644.0
7,934.0
6,134.0
9,387.0
(14.0)
(15.0)
(15.0)
(15.0)
(14.0)
12100
--
--
--
--
--
10600
9,365.0
10,629.0
7,919.0
6,119.0
9,373.0
9100
9,365.0
10,629.0
7,919.0
6,119.0
9,373.0
7600
216.1
216.1
216.1
216.1
216.1
6100
43.345
49.196
36.653
28.321
43.382
4600
43.345
49.196
36.653
28.321
43.382
Dilution Adjustment
--
--
--
--
--
Net Income
Preferred Dividends
General Partner's Distributions
9,365.000
10,629.000
7,919.000
6,119.000
9,373.000
216.056
216.056
216.056
216.056
216.056
43.345
49.196
36.653
28.321
43.382
43.345
49.196
36.653
28.321
43.382
0.000
69.000
0.000
61.000
0.000
0.000
14,908.000
0.000
13,179.000
0.000
1,141.000
1,274.000
1,338.000
1,399.000
1,407.000
(105.000)
(119.000)
(118.000)
(100.000)
(86.000)
7,205.000
7,285.000
7,407.000
9,482.000
6,896.000
637.000
784.000
395.000
4,230.000
866.000
12,774.000
14,883.000
10,862.000
11,675.000
13,122.000
144.069
194.068
95.514
734.071
201.944
--
--
--
--
--
9,884.930
11,198.900
8,235.490
9,648.930
10,062.100
9,857.930
11,218.900
8,218.490
9,614.930
10,037.100
45.627
51.926
38.039
44.502
46.456
45.627
51.926
38.039
44.502
46.456
17-Q
1
17-Q
2
17-Q
3
17-A
4
17-Q
1
Source Document
Fiscal Period
11200
9300
7300
5400
Ma r 1 4 Ju n 1 4 Se p 1 4 De c 1 4 Ma r 1 5
(PHP Millions)
Ne t In co m e
Ma r 1 4 Ju n 1 4 Se p 1 4 De c 1 4 Ma r 1 5
(PHP Millions)
TEL
UPD
UPD
UPD
UPD
Ca s h & Sh o r t T e r m In v e s t m e n t s
UPD
74000
(PHP Millions)
(PHP Millions)
(PHP Millions)
(PHP Millions)
(PHP Millions)
31 Mar 14
30 Jun 14
30 Sep 14
31 Dec 14
31 Mar 15
61000
7,923.0
4,558.0
7,172.0
6,816.0
12,340.0
49000
--
--
--
--
--
37000
53,542.0
40,411.0
17,533.0
20,781.0
34,843.0
25000
61,465.0
44,969.0
24,705.0
27,597.0
47,183.0
12000
17,384.0
19,040.0
21,787.0
29,151.0
23,964.0
--
--
--
--
--
Other Receivables
8,172.0
8,115.0
8,209.0
8,332.0
8,333.0
25,556.0
27,155.0
29,996.0
37,483.0
32,297.0
Total Inventory
2,867.0
3,530.0
3,389.0
3,706.0
3,936.0
Prepaid Expenses
6,933.0
5,633.0
6,141.0
6,406.0
7,969.0
0.0
0.0
0.0
2.0
2.0
96,821.0
81,287.0
64,231.0
75,194.0
91,387.0
582,096.0
582,894.0
588,474.0
605,598.0
608,190.0
Accumulated Depreciation
(393,991.0)
(396,500.0)
(401,486.0)
(413,614.0)
(420,132.0)
Property/Plant/Equip., Net
188,105.0
186,394.0
186,988.0
191,984.0
188,058.0
Goodwill, Net
62,250.0
62,237.0
62,130.0
62,164.0
62,164.0
Intangibles, Net
11,541.0
11,253.0
10,965.0
10,678.0
10,517.0
46,046.0
47,465.0
68,392.0
72,908.0
65,429.0
139300
Cash
Cash and Equivalents
Ma r 1 4 Ju n 1 4 Se p 1 4 De c 1 4 Ma r 1 5
(PHP Millions)
T o t a l Cu r r e n t As s e t s
108000
97000
86000
75000
64000
53000
Ma r 1 4 Ju n 1 4 Se p 1 4 De c 1 4 Ma r 1 5
(PHP Millions)
T o t a l De b t
--
--
--
--
--
135200
22,085.0
22,516.0
23,431.0
23,367.0
22,976.0
131100
--
--
--
--
--
127100
426,848.0
411,152.0
416,137.0
436,295.0
440,531.0
123000
31,185.0
30,864.0
32,288.0
40,923.0
39,839.0
118900
--
--
--
--
--
53,447.0
56,622.0
61,141.0
60,476.0
58,244.0
0.0
0.0
0.0
0.0
0.0
14,122.0
14,031.0
14,779.0
14,729.0
15,623.0
Ma r 1 4 Ju n 1 4 Se p 1 4 De c 1 4 Ma r 1 5
(PHP Millions)
T o t a l Eq u it y
140000
54,900.0
27,291.0
27,598.0
26,719.0
46,924.0
153,654.0
128,808.0
135,806.0
142,847.0
160,630.0
109,140.0
108,967.0
117,928.0
115,399.0
119,586.0
5.0
3.0
2.0
1.0
0.0
109,145.0
108,970.0
117,930.0
115,400.0
119,586.0
118000
Total Debt
123,267.0
123,001.0
132,709.0
130,129.0
135,209.0
113000
4,352.0
4,256.0
4,400.0
4,427.0
4,414.0
249.0
165.0
326.0
304.0
301.0
134000
129000
124000
Ma r 1 4 Ju n 1 4 Se p 1 4 De c 1 4 Ma r 1 5
(PHP Millions)
39,247.0
38,853.0
35,248.0
38,953.0
37,112.0
306,647.0
281,052.0
293,710.0
301,931.0
322,043.0
270
T o t a l Co m m o n Sh a r e s Ou t s t a n d in g
--
--
--
--
--
220
510.0
510.0
510.0
510.0
510.0
160
1,093.0
1,093.0
1,093.0
1,093.0
1,093.0
110
130,562.0
130,535.0
130,522.0
130,521.0
130,521.0
50
7,270.0
17,899.0
10,910.0
17,030.0
7,606.0
(6,505.0)
(6,505.0)
(6,505.0)
(6,505.0)
(6,505.0)
--
--
--
--
--
Unrealized Gain/Loss
--
--
--
--
--
(12,729.0)
(13,432.0)
(14,103.0)
(8,285.0)
(14,737.0)
Total Equity
120,201.0
130,100.0
122,427.0
134,364.0
118,488.0
426,848.0
411,152.0
416,137.0
436,295.0
440,531.0
216.0
216.0
216.0
216.0
216.0
36.0
36.0
300.0
300.0
300.0
17-Q
1
17-Q
2
17-Q
3
17-A
4
17-Q
1
Source Document
Fiscal Period
0
Ma r 1 4 Ju n 1 4 Se p 1 4 De c 1 4 Ma r 1 5
(PHP Millions)
10
TEL
UPD
UPD
UPD
UPD
T o t a l Op e r a t in g Act iv it ie s
UPD
83000
(PHP Millions)
(PHP Millions)
(PHP Millions)
(PHP Millions)
(PHP Millions)
3Months
31 Mar 14
6Months
30 Jun 14
9Months
30 Sep 14
12Months
31 Dec 14
3Months
31 Mar 15
12,137.0
26,236.0
36,703.0
44,148.0
12,256.0
Depreciation/Depletion
7,205.0
14,490.0
21,897.0
31,379.0
6,896.0
286.0
574.0
862.0
1,149.0
268.0
--
--
--
--
--
1,982.0
1,127.0
3,497.0
6,602.0
1,667.0
--
--
--
--
--
Amortization
Deferred Taxes
Non-Cash Items
Cash Receipts
Cash Payments
66000
50000
33000
17000
0
Ma r 1 4 Ju n 1 4 Se p 1 4 De c 1 4 Ma r 1 5
(PHP Millions)
--
--
--
--
--
568.0
5,963.0
8,964.0
11,781.0
561.0
1,258.0
2,367.0
3,941.0
5,178.0
1,571.0
- 2000
Ca p it a l Ex p e n d it u r e s
9000
(4,269.0)
(10,771.0)
(16,386.0)
(17,263.0)
(4,941.0)
- 13000
17,341.0
31,656.0
46,573.0
66,015.0
16,146.0
- 24000
Capital Expenditures
(2,144.0)
(8,054.0)
(15,941.0)
(34,647.0)
(3,023.0)
- 35000
(2,222.0)
(2,187.0)
(20,648.0)
(17,039.0)
4,039.0
- 45000
(4,366.0)
(10,241.0)
(36,589.0)
(51,686.0)
1,016.0
(1,403.0)
(2,629.0)
(4,379.0)
(5,625.0)
(1,776.0)
(25.0)
(25,012.0)
(39,884.0)
(39,900.0)
(24.0)
0.0
0.0
158.0
115.0
--
260
17,115.0
17,279.0
25,588.0
25,513.0
3,302.0
210
--
--
--
--
--
(114.0)
(91.0)
322.0
322.0
(105.0)
28,548.0
10,962.0
(8,211.0)
(5,246.0)
18,559.0
Depreciation, Supplemental
7,205.0
14,490.0
21,897.0
31,379.0
6,896.0
1,258.0
2,367.0
3,941.0
5,178.0
1,571.0
568.0
5,963.0
8,964.0
11,781.0
561.0
17-Q
1
17-Q
2
17-Q
3
17-A
4
17-Q
1
Ma r 1 4 Ju n 1 4 Se p 1 4 De c 1 4 Ma r 1 5
(PHP Millions)
Is s u e o f St o ck
160
110
50
0
Ma r 1 4 Ju n 1 4 Se p 1 4 De c 1 4 Ma r 1 5
(PHP Millions)
Is s u e o f De b t
32000
26000
19000
13000
6000
0
Ma r 1 4 Ju n 1 4 Se p 1 4 De c 1 4 Ma r 1 5
(PHP Millions)
Ne t Ch a n ge in Ca s h
41000
29000
16000
4000
- 8000
- 20000
Ma r 1 4 Ju n 1 4 Se p 1 4 De c 1 4 Ma r 1 5
(PHP Millions)
11
TEL
Further Information
Internet Information
Home Page:
http://www.pldt.com.ph
Officers
Manuel Pangilinan
Napoleon Nazareno
Anabelle Chua
Ernesto Alberto
Isaias Fermin
Charles Lim
Ma. Lourdes Rausa-Chan
Menardo Jimenez
Rene Banez
Alejandro Caeg
Jun Florencio
Leo Posadas
Luis Ignacio Lopa
Florentino Mabasa
Melissa De Dios
Katrina Abelarde
Jose Apelo
Rafael Bejar
Anna Isabel Bengzon
Marco Alejandro Borlongan
Philippine Long Distance Telephone Company Group Headquarters: Ramon Conjuangco Bldg, Makati Ave, Metro Manila, MAKATI, 0721,
Philippines, Melissa De Dios (First Vice President, IR Contact Officer)
Unless otherwise stated, this Report and its contents are Thomson Reuters 2015. All rights reserved (including without limitation copyright and rights in databases).
Republication or redistribution of Thomson Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson
Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks and trademarks of Thomson Reuters and its affiliated companies.
This Report is provided solely for information and Thomson Reuters hereby grants to the recipient a personal, read-only license for such purpose. Any other use of this
Report and of its contents is expressly prohibited.
This Report is not an invitation or inducement to engage in investment activity, nor is it an offer to buy or sell securities, and does not constitute tax, investment or other
advice. Neither this Report nor the information contained in it should be relied upon.
Reuters does not aim to provide advice which is appropriate to the individual circumstances of the private investor. Use of this Report is not a substitute for obtaining
proper investment advice from an authorized investment professional. While the information contained herein has been obtained from sources deemed reliable, neither
Reuters nor any party through whom the reader obtains this Report guarantees that it is accurate or complete or makes any warranty or representation with regard to
the results obtained from its use. In addition, the information contained in this Report may become inaccurate as a result of the passage of time and should therefore be
read for historical information only. Potential investors are urged to consult their own authorized investment professional before entering into an investment agreement.
Reuters makes no warranty or representation that this Report or its contents are current or that they have been updated based on changes in the economic market or
other factors. In particular, but without limiting the preceding sentence, statements of fact or opinion made by Reuters in this Report may not be up-to-date and may
not represent the current opinion of Reuters.
12