CITYLAND DEVELOPMENT CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS

ASSETS
Current Assets
Short term cash investments (Note 4)
Current portion of installements contracts receivable note 6
Current portion of others receivables Note 7
Real estate properties for sale Note 8
Current portion of investments in trust funds Note 5
Other current assets Note 12
Total current assets
Non current assets
Installment contracts receivable- net of current portion (Note 6)
Other receivables- net of current portion (Note 7)
Investments in trust funds- net of current portion
Real estate properties held for future development (Note 9)
Investments properties (Note 10)
Property a and equipment
Retirement plan assets (Note 23)
Other non current assets (Note 12)
Total Noncurrent assets
TOTAL ASSETS
LIABILITIES AND EQUITY
Current Liabilities
Current portion of Accounts payable and accrued expenses (Note 13)
Notes and contract poayable
Income tax payable
Current portion of pre need and other reserves
Total current liabilities
Noncurrent liabilities
Accounts payable and accrued expenses-net of current portion
Pre-need and other reservesnet of current portion
retirement benefits liability
Deferred income tax liabilities
Total noncurrent liabilities
TOTAL LIABILITIES

Equity
Attributable to Eqity holders of the parent company
Capital stock-1 per value
Authorized- 4,000,000.000 shares
Issued- 3,573,878.400 shares held by 686 equity holders in 2015
and 691equity holders in 2014
Additional paid-in capital
Net changes in fair values of available-for sale financial assets
Accumulated re-measurement on defined benefits plan-net of
deffered in income tax effect
retained earnings
Treasury stock-4,021.067, at cost (Note 15)
Non-controlling interest (note b116)
Total Equity
TOTAL LIABILITIES AND EQUITY

CITYLAND DEVELOPMENT CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOM

REVENUE
Sales of real estate prperties
Financial income
Rent income
Other income

EXPENSES
Cost of real estate sales
operating expenses
Financial Expenses

Other expenses

INCOME BEFORE INCOME TAX

PROVISION FOR INCOME TAX
NET INCOME
Attributrable to:
Equity holders of the parent company
Non-controlling interest

BASIC DILUTED EARNINGS PER SHARE (NOTE 28)

BALANCE SHEETS

31-Dec
2015

2014

557,365.19
2,189,900.00
717,947.30
52,785.22
1,378,393,226.00
7,243,132
22,204,789
4,925,838,845

1,180,276.40
1,184,120.56
344,192.41
53,112.33
1,723,182.18
5,094.51
45,693.99
4,535,663.38

1,029,612.01
7,188.37
30,087.62
822,007.62
1,862,678
14,044.08
17,248.33
104,941.03
3,887,806,606 .
8,813,645.45

1,032,056.06
4,633.13
32,660.84
1,247,443.85
1,334,939.91
18,335,625
19,338.98
77,307.10
3,766,715.49
8,302,378.87

211,852.35
1,187,950.00
34,680.46
2,733.76
1,437,216.57

222,721.35
1,327,800.00
38,933.72
1,686.72
1,591,141.80

68,500,778
47,845.48
5,292.89
162,138.72
283,777.87

59,570.08
53,318.86
4,890.88
169,586.82
287,366.63

1,720,994.44

1,878,508.42

31-Dec
2015

2014

3,573,878.40
7,277,651
1,102.54
-16,911.51
2,644,809.72
-31,157.60
6,178,999.21
913,651.80
7,092,651.01
8,813,645,451

STATEMENTS OF INCOM
INCOME

2015

Years Ended December 31

2014

2013

2,371,262
284,515.48
83,257.77
98,004,319
2,837,040,054

1m152,448.392
277,984.46
87,068.10
65,753,555
1,583,219,506

1,168,719.80
369,098.98
32,440.17
149,816,279
1,720,075,235

1,422,020
340,551,414
7,998.26

713,944,519
291,124,173
6,866,490

640,070.22
382,030.32
26,078,104

30,389.63
1,800,959.09

33,448,609
1,045,383,791

25,096.68
1,073,275.31

1,036,080.97

537,834.72

646,799,921

260,310.53

120,176.16

127,274.21

775,770,433

417,658.55

519,525,713

739,915,065.00
35,855.37
775,770.43

370,514.84
47,143.71
417,143.71

423,260,092
96,265.62
519,525.71

0.21

0.1

0.12