Bogo Medellin Milling Co. Inc.

08/01/2022 | Press release | Distributed by Public on 07/31/2022 19:12

Annual Report

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-A, AS AMENDED

ANNUAL REPORT PURSUANT TO SECTION 17
OF THE SECURITIES REGULATION CODE AND SECTION 141
OF THE CORPORATION CODE OF THE PHILIPPINES

1. For the fiscal year ended Sep 30, 20212. SEC Identification Number C-2413. BIR Tax Identification No. 000-066-7234. Exact name of issuer as specified in its charter BOGO-MEDELLIN MILLING CO., INC.5. Province, country or other jurisdiction of incorporation or organization MANILA, PHILIPPINES6. Industry Classification Code(SEC Use Only) 7. Address of principal office LUY-A, MEDELLIN, CEBUPostal Code60128. Issuer's telephone number, including area code (032)436-20929. Former name or former address, and former fiscal year, if changed since last report N.A10. 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 6,000,000
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/NEW YORK STOCK EXCHANGE - COMMON SHARES12. Check whether the issuer:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17.1 thereunder or Section 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

13. State the aggregate market value of the voting stock held by non-affiliates of the registrant. The aggregate market value shall be computed by reference to the price at which the stock was sold, or the average bid and asked prices of such stock, as of a specified date within sixty (60) days prior to the date of filing. If a determination as to whether a particular person or entity is an affiliate cannot be made without involving unreasonable effort and expense, the aggregate market value of the common stock held by non-affiliates may be calculated on the basis of assumptions reasonable under the circumstances, provided the assumptions are set forth in this Form

6,000,000 X 75.90 = 455,400,000APPLICABLE ONLY TO ISSUERS INVOLVED IN INSOLVENCY SUSPENSION OF PAYMENTS PROCEEDINGS DURING THE PRECEDING FIVE YEARS

14. Check whether the issuer has filed all documents and reports required to be filed by Section 17 of the Code subsequent to the distribution of securities under a plan confirmed by a court or the Commission.

Yes No DOCUMENTS INCORPORATED BY REFERENCE 15. If any of the following documents are incorporated by reference, briefly describe them and identify the part of SEC Form 17-A into which the document is incorporated: (a) Any annual report to security holders N.A(b) Any information statement filed pursuant to SRC Rule 20 N.A(c) Any prospectus filed pursuant to SRC Rule 8.1 N.A

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.

Bogo-Medellin Milling Company, Inc.BMM

PSE Disclosure Form 17-1 - Annual Report References: SRC Rule 17 and
Section 17.2 and 17.8 of the Revised Disclosure Rules

For the fiscal year ended Sep 30, 2021
Currency Php
Balance Sheet
Year Ending Previous Year Ending
Sep 30, 2021 Sep 30, 2020
Current Assets 108,873,246 134,198,574
Total Assets 259,864,512 300,475,964
Current Liabilities 57,514,401 67,301,907
Total Liabilities 73,603,298 80,589,373
Retained
Earnings/(Deficit)
-35,979,708 -2,011,638
Stockholders' Equity 186,261,214 219,886,591
Stockholders' Equity - Parent 149,318,379 181,692,158
Book Value Per Share 31.04 36.65
Income Statement
Year Ending Previous Year Ending
Sep 30, 2021 Sep 30, 2020
Gross Revenue 217,285,368 177,625,254
Gross Expense 244,412,980 231,012,724
Non-Operating Income 408,384 594,426
Non-Operating Expense 1,447,667 314,726
Income/(Loss) Before Tax -30,509,798 -54,895,340
Income Tax Expense 3,458,272 -104,824
Net Income/(Loss) After Tax -33,968,070 -54,790,516
Net Income/(Loss) Attributable to Parent Equity Holder 0 0
Earnings/(Loss) Per Share (Basic) -5.66 -9.13
Earnings/(Loss) Per Share (Diluted) -5.66 -9.13
Financial Ratios
Formula Fiscal Year Ended Previous Fiscal Year
Sep 30, 2021 Sep 30, 2020
Liquidity Analysis Ratios:
Current Ratio or
Working Capital Ratio
Current Assets / Current Liabilities 1.89 1.99
Quick Ratio (Current Assets - Inventory - Prepayments) / Current Liabilities 0.81 0.77
Solvency Ratio Total Assets / Total Liabilities 3.53 3.73
Financial Leverage Ratios
Debt Ratio Total Debt/Total Assets 0.28 0.26
Debt-to-Equity Ratio Total Debt/Total Stockholders' Equity 0.4 0.37
Interest Coverage Earnings Before Interest and Taxes (EBIT) / Interest Charges 0 0
Asset to Equity Ratio Total Assets / Total Stockholders' Equity 1.4 3.73
Profitability Ratios
Gross Profit Margin Sales - Cost of Goods Sold or Cost of Service / Sales 0.04 -0.11
Net Profit Margin Net Profit / Sales -0.16 -0.31
Return on Assets Net Income / Total Assets -0.13 -0.18
Return on Equity Net Income / Total Stockholders' Equity -0.18 -0.25
Price/Earnings Ratio Price Per Share / Earnings Per Common Share -13.41 -8.31
Other Relevant Information

SEE ATTACHED FILES.

Filed on behalf by:
Name JOEL ANCOT
Designation CHIEF ACCOUNTANT