Financial Information

Q3 2018 – Q3 2017
Amounts in PHP millions,
except key ratios
Sept 2018 Sept 2017
Income Statement Items
Sale of Electricity 27,750.0 24,596.4
Cost of Sales and Services (14,244.1) (10,345.5)
General and Administrative Expenses (4,215.7) (3,922.9)
EBITDA 14,255.9 14,948.4
Financial Expense (2,658.6) (2,918.4)
Other Income (Charges) 470.5 (240.1)
Net Income 6,231.5 6,207.4
Net Income Attributable to Equity Holders of Parent Company 6,073.5 5,965.1
Recurring Net Income 6,568.2 6,825.8
Recurring Net Income Attributable to Equity Holders of Parent Company 6,411.0 6,589.9
Sept 2018 Dec. 2017
Balance Sheet Items
Current Assets 35,013.5 26,993.4
Non-current Assets 107,794.0 110,593.7
Total Assets 142,807.4 137,587.1
Current Liabilities 13,586.3 18,672.1
Non-current Liabilities 63,444.9 60,319.1
Total Liabilities 77,031.2 78,991.2
Total Equity 65,776.3 58,595.9
Total Liabilities and Equity 142,807.5 137,587.1
Sept 2018 Sept 2017
Key Ratios
Current Ratio 2.58:1 1.55:1
Debt-to-equity ratio 0.98:1 1.19:1
Net debt-to-equity ratio 0.69:1 0.95:1
Return on Assets (%) 5.68 5.94
Return on Equity (%) 12.99 15.40