GMA Network Inc.

05/16/2022 | Press release | Distributed by Public on 05/15/2022 20:01

Quarterly Report

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 Mar 31, 20222. SEC Identification Number 52133. BIR Tax Identification No. 000-917-9164. Exact name of issuer as specified in its charter GMA Network, Inc.5. Province, country or other jurisdiction of incorporation or organization Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office GMA Network Center, EDSA corner Timog Avenue, Diliman, Quezon CityPostal Code11038. Issuer's telephone number, including area code (632) 8982-77779. Former name or former address, and former fiscal year, if changed since last report -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
Preferred Shares 7,500,000,000
Common Shares 3,364,692,000
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 / Common Shares12. 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.

GMA Network, Inc.GMA7

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 Mar 31, 2022
Currency (indicate units, if applicable) PhP
Balance Sheet
Period Ended Fiscal Year Ended (Audited)
Mar 31, 2022 Dec 31, 2021
Current Assets 19,047,891,551 16,337,871,141
Total Assets 26,830,651,598 24,075,725,073
Current Liabilities 12,445,317,436 4,782,043,634
Total Liabilities 17,226,228,380 9,504,724,840
Retained
Earnings/(Deficit)
3,289,015,858 8,222,610,450
Stockholders' Equity 9,604,423,218 14,571,000,233
Stockholders' Equity - Parent 9,532,909,180 14,469,918,928
Book Value per Share 1.96 2.97
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date Previous Year-To-Date
Gross Revenue 5,861,793,818 5,457,314,985 5,861,793,818 5,457,314,985
Gross Expense 3,079,419,200 2,837,001,345 3,079,419,200 2,837,001,345
Non-Operating Income 59,665,723 74,513,736 59,665,723 74,513,736
Non-Operating Expense 5,196,408 2,162,060 5,196,408 2,162,060
Income/(Loss) Before Tax 2,836,843,933 2,692,665,316 2,836,843,933 2,692,665,316
Income Tax Expense 708,462,392 674,505,737 708,462,392 674,505,737
Net Income/(Loss) After Tax 2,128,381,541 2,018,159,579 2,128,381,541 2,018,159,579
Net Income Attributable to
Parent Equity Holder
2,120,208,808 1,998,154,315 2,120,208,808 1,998,154,315
Earnings/(Loss) Per Share
(Basic)
0.44 0.41 0.44 0.41
Earnings/(Loss) Per Share
(Diluted)
0.44 0.41 0.44 0.41
Current Year (Trailing 12 months) Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 1.57 1.52
Earnings/(Loss) Per Share (Diluted) 1.57 1.52
Other Relevant Information

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Filed on behalf by:
Name Ayahl Ari Augusto Chio
Designation First Vice President