MAEOY - Manila Electric Company

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Income Statement
Balance Sheet
Cash Flow

Income Statement

Annual
All numbers in thousands
Revenue12/31/201812/31/201712/31/201612/31/2015
Total Revenue304,454,000282,556,000257,181,000258,399,000
Cost of Revenue185,882,000170,111,000145,949,000151,083,000
Gross Profit118,572,000112,445,000111,232,000107,316,000
Operating Expenses
Research Development----
Selling General and Administrative65,656,00063,349,00062,709,00058,428,000
Non Recurring----
Others6,449,0006,665,0006,130,0006,440,000
Total Operating Expenses265,814,000247,645,000222,100,000223,363,000
Operating Income or Loss38,640,00034,911,00035,081,00035,036,000
Income from Continuing Operations
Total Other Income/Expenses Net-8,095,000-7,049,000-8,388,000-10,160,000
Earnings Before Interest and Taxes38,640,00034,911,00035,081,00035,036,000
Interest Expense-1,468,000-1,495,000-1,306,000-1,182,000
Income Before Tax30,545,00027,862,00026,693,00024,876,000
Income Tax Expense7,443,0007,363,0007,353,0005,687,000
Minority Interest845,000822,000729,000585,000
Net Income From Continuing Ops23,102,00020,499,00019,340,00019,189,000
Non-recurring Events
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Changes----
Other Items----
Net Income
Net Income23,017,00020,384,00019,176,00019,098,000
Preferred Stock And Other Adjustments----
Net Income Applicable To Common Shares23,017,00020,384,00019,176,00019,098,000