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BLOOMBERRY RESORTS CORPORATION AND SUBSIDIARIES

(A Subsidiary of Prime Metroline Holdings, Inc.)

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

2013

ASSETS

Current Assets

Cash and cash equivalents (Notes 5, 22 and 24) 6,092,239,439

Current portion of restricted cash (Notes 9, 22 and 24) 16,625,108

Receivables (Notes 6 and 22) 2,514,835,718

Inventories (Note 7) 190,335,830

Prepayments and other current assets (Notes 8, 20 and 22) 245,082,069

Prepaid income tax (Notes 20 and 21) -

Total Current Assets 9,059,118,164

Noncurrent Assets

Restricted cash - net of current portion (Notes 9 and 22) 2,254,801,647

Property and equipment (Notes 10, 11 and 14) 27,351,328,806

Advances to contractors (Note 11) 1,122,604,556

Deferred tax asset - net (Note 21) -

Intangible and other noncurrent assets (Notes 12 and 22) 559,115,499


Total Noncurrent Assets 31,287,850,508

Total Assets 40,346,968,672

LIABILITIES AND EQUITY

Current Liabilities

Payables and other current liabilities (Notes 13 and 22) 6,565,866,184

Current portion of long-term debt (Notes 14 and 22) 1,019,430,237

Income tax payable (Notes 20 and 21) -

Total Current Liabilities 7,585,296,421

Noncurrent Liabilities

Long-term debt - net of current portion (Notes 14 and 22) 16,613,159,586

Deferred tax liabilities - net (Note 21) 68,215,885

Retirement liability (Note 16) 47,384,500

Other noncurrent liability (Notes 3 and 22) -

Total Noncurrent Liabilities 16,728,759,971

Total Liabilities 24,314,056,392

Equity Attributable to Equity Holders of the Parent


Company

Capital stock (Note 17) 10,589,800,556

Additional paid-in capital (Note 17) 7,948,329,736

Equity reserve (Note 2) (27,138,558)

Treasury shares (Note 17) -

Share-based payment plan (Note 17) 10,883,035


Translation adjustments -

Retained earnings (deficit) (Note 17) (2,488,964,831)

Total Equity Attributable to Equity Holders of the Parent


16,032,909,938
Company

Equity Attributable to Non-controlling Interests 2,342

Total Equity 16,032,912,280

Total Liabilities and Equity 40,346,968,672


ATION AND SUBSIDIARIES

line Holdings, Inc.)

F FINANCIAL POSITION

31-Dec VERTICAL ANALYSIS

2014 2015 2013 2014

14,747,804,181 14,495,520,964 15.10% 21.79%

4,423,620,413 - 0.04% 6.54%

4,087,723,618 2,813,510,475 6.23% 6.04%

182,959,044 223,622,432 0.47% 0.27%

741,864,870 699,713,027 0.61% 1.10%

- 6,669,634 0.00% 0.00%

24,183,972,126 18,239,036,532 22.45% 35.73%

2,272,870,108 2,252,097,095 5.59% 3.36%

40,470,608,091 47,611,754,764 67.79% 59.80%

276,797,821 55,339,946 2.78% 0.41%

- 138,279,963 0.00% 0.00%

473,846,841 2,437,622,678 1.39% 0.70%


43,494,122,861 52,495,094,446 77.55% 64.27%

67,678,094,987 70,734,130,978 100.00% 100.00%

8,189,952,692 11,323,651,879 27.00% 19.50%

1,994,033,232 2,946,533,685 4.19% 4.75%

958,175,005 703,827 0.00% 2.28%

11,142,160,929 14,270,889,391 31.20% 26.53%

30,614,218,008 33,857,960,061 68.33% 72.89%

111,020,371 130,731,322 0.28% 0.26%

131,478,600 226,935,194 0.19% 0.31%

- 450,696,775 0.00% 0.00%

30,856,716,979 34,666,323,352 68.80% 73.47%

41,998,877,908 48,937,212,743 100.00% 100.00%

11,032,998,225 11,032,998,225 50.62% 42.96%

13,162,080,045 13,161,582,250 60.38% 51.26%

(27,138,558) (27,138,558) -0.12% -0.11%

(77,448,659) (216,422,356) -0.99% -0.30%

38,021,393 48,287,785 0.22% 0.15%


- (20,045,237) -0.09% 0.00%

1,550,048,630 (2,252,737,223) -10.34% 6.04%

25,678,561,076 21,726,524,886 99.68% 100.00%

656,003 70,393,349 0.32% 0.00%

25,679,217,079 21,796,918,235 100.00% 100.00%

67,678,094,987 70,734,130,978
CAL ANALYSIS HORIZONTAL ANALYSIS (2013-base year)

2015 2014 2015

Change in amount %change Change in amount % change

20.49% 8,655,564,742 142.08% 8,403,281,525 137.93%

0.00% 4,406,995,305 26508.07% (16,625,108) -100.00%

3.98% 1,572,887,900 62.54% 298,674,757 11.88%

0.32% (7,376,786) -3.88% 33,286,602 17.49%

0.99% 496,782,801 202.70% 454,630,958 185.50%

0.01% - #DIV/0! 6,669,634 #DIV/0!

25.79% 15,124,853,962 166.96% 9,179,918,368 101.33%

3.18% 18,068,461 0.80% (2,704,552) -0.12%

67.31% 13,119,279,285 47.97% 20,260,425,958 74.07%

0.08% (845,806,735) -75.34% (1,067,264,610) -95.07%

0.20% - #DIV/0! 138,279,963 #DIV/0!

3.45% (85,268,658) -15.25% 1,878,507,179 335.98%


74.21% 12,206,272,353 39.01% 21,207,243,938 67.78%

100.00% 27,331,126,315 67.74% 30,387,162,306 75.31%

23.14% 1,624,086,508 24.74% 4,757,785,695 72.46%

6.02% 974,602,995 95.60% 1,927,103,448 189.04%

0.00% 958,175,005 #DIV/0! 703,827 #DIV/0!

29.16% 3,556,864,508 46.89% 6,685,592,970 88.14%

69.19% 14,001,058,422 84.28% 17,244,800,475 103.80%

0.27% 42,804,486 62.75% 62,515,437 91.64%

0.46% 84,094,100 177.47% 179,550,694 378.92%

0.92% - #DIV/0! 450,696,775 #DIV/0!

70.84% 14,127,957,008 84.45% 17,937,563,381 107.23%

100.00% 17,684,821,516 72.73% 24,623,156,351 101.27%

50.62% 443,197,669 4.19% 443,197,669 4.19%

60.38% 5,213,750,309 65.60% 5,213,252,514 65.59%

-0.12% - 0.00% - 0.00%

-0.99% (77,448,659) #DIV/0! (216,422,356) #DIV/0!

0.22% 27,138,358 249.36% 37,404,750 343.70%


-0.09% - #DIV/0! (20,045,237) #DIV/0!

-10.34% 4,039,013,461 -162.28% 236,227,608 -9.49%

99.68% 9,645,651,138 60.16% 5,693,614,948 35.51%

0.32% 653,661 27910.38% 70,391,007 3005593.81%

100.00% 9,646,304,799 60.17% 5,764,005,955 35.95%

27,331,126,315 67.74% 30,387,162,306 75.31%


TREND ANALYSIS

2013 2014 2015

100% 242.08% 237.93%

100% 26608.07% 0.00%

100% 162.54% 111.88%

100% 96.12% 117.49%

100% 302.70% 285.50%

100% #DIV/0! #DIV/0!

100% 266.96% 201.33%

100% 100.80% 99.88%

100% 147.97% 174.07%

100% 24.66% 4.93%

100% #DIV/0! #DIV/0!

100% 84.75% 435.98%


100% 139.01% 167.78%

100% 167.74% 175.31%

100% 124.74% 172.46%

100% 195.60% 289.04%

100% #DIV/0! #DIV/0!

100% 146.89% 188.14%

100% 184.28% 203.80%

100% 162.75% 191.64%

100% 277.47% 478.92%

100% #DIV/0! #DIV/0!

100% 184.45% 207.23%

100% 172.73% 201.27%

100% 104.19% 104.19%

100% 165.60% 165.59%

100% 100.00% 100.00%

100% #DIV/0! #DIV/0!

100% 349.36% 443.70%


100% #DIV/0! #DIV/0!

100% -62.28% 90.51%

100% 160.16% 135.51%

100% 28010.38% 3005693.81%

100% 160.17% 135.95%

100% 167.74% 175.31%


BLOOMBERRY RESORTS CORPORATION AND SUBSIDIARIES

(A Subsidiary of Prime Metroline Holdings, Inc.)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

Years

2013

REVENUES

Gaming (Note 20) 11,464,047,689

Hotel, food and beverage 767,593,410

Retail and others 58,694,637

12,290,335,736

OPERATING COSTS AND EXPENSES (Notes 15 and 18) (13,265,098,802)

INCOME (LOSS) BEFORE OTHER INCOME (EXPENSE) AND INCOME (974,763,066)

OTHER INCOME (EXPENSES)

Interest expense (Notes 13 and 14) (371,030,034)

Foreign exchange gains - net (Note 22) 187,466,625

Interest income (Notes 5 and 9) 53,646,806

Mark-to-market gain (loss) (Notes 8 and 14) (55,462,138)

(185,378,741)

INCOME (LOSS) BEFORE INCOME TAX (1,160,141,807)

PROVISION FOR INCOME TAX (Notes 20 and 21) (154,948,159)

NET INCOME (LOSS) (1,315,089,966)


OTHER COMPREHENSIVE INCOME (LOSS)

Item that will be reclassified to profit or loss in subsequent period -

Exchange difference on translation of foreign operations

Item that will not be reclassified to profit or loss in subsequent


period -

Remeasurement gain (loss) (Note 16) (58,541)

Income tax effect 539,363

480,822

TOTAL OTHER COMPREHENSIVE INCOME (LOSS) 480,822

TOTAL COMPREHENSIVE INCOME (LOSS) (1,314,609,144)

Net Income (Loss) Attributable To

Equity holders of the Parent Company (1,315,089,966)

Non-controlling interests –

(1,315,089,966)

Total Comprehensive Income (Loss) Attributable To

Equity holders of the Parent Company (1,314,609,144)

Non-controlling interests –

(1,314,609,144)

Earnings (Loss) Per Share on Net Income (Loss) Attributable to

Equity Holders of the Parent Company (Note 23)


Basic (0)

Diluted (0)

See accompanying Notes to Consolidated Financial Statements.


ND SUBSIDIARIES

line Holdings, Inc.)

HENSIVE INCOME

Years Ended December 31 VERTICAL ANALYSIS

2014 2015 2013 2014

22,848,967,718 23,221,884,430 872.05% 565.71%

1,071,429,103 1,606,077,534 58.39% 26.53%

116,863,775 211,953,590 4.46% 2.89%

24,037,260,596 25,039,915,554

(16,856,923,100) (24,791,329,006) -1009.05% -417.35%

7,180,337,496 248,586,548

(761,208,605) (2,167,139,553) -28.22% -18.85%

3,363,559 292,828,316 14.26% 0.08%

84,813,536 77,407,316 4.08% 2.10%

(24,820,450) 5,278,253 -4.22% -0.61%

(697,851,960) (1,791,625,668)

6,482,485,536 (1,543,039,120)

(2,410,084,210) (1,832,234,174) -11.79% -59.67%

4,072,401,326 (3,375,273,294)
(20,045,237) 0.00% 0.00%

(36,068,402) 119,417,897 0.00% -0.89%

2,680,537 (7,309,337) 0.04% 0.07%

(33,387,865) 112,108,560

(33,387,865) 92,063,323

4,039,013,461 (3,283,209,971) -100.00% 100.00%

4,072,401,326 (3,363,514,843)

– (11,758,451)

4,072,401,326 (3,375,273,294)

4,039,013,461 (3,271,377,648)

– (11,832,323)

4,039,013,461 (3,283,209,971)
0 (0)

0 (0)
NALYSIS HORIZONTAL ANALYSIS (2013-base year)

2015 2014 2015

Change in amount % change Change in amount % change

707.29% 11,384,920,029 99.31% 11,757,836,741 102.56%

48.92% 303,835,693 39.58% 838,484,124 109.24%

6.46% 58,169,138 99.10% 153,258,953 261.11%

11,746,924,860 95.58% 12,749,579,818 103.74%

-755.09% (3,591,824,298) -27.08% (11,526,230,204) -86.89%

8,155,100,562 836.62% 1,223,349,614 125.50%

-66.01% (390,178,571) -105.16% (1,796,109,519) -484.09%

8.92% (184,103,066) -98.21% 105,361,691 56.20%

2.36% 31,166,730 58.10% 23,760,510 44.29%

0.16% 30,641,688 55.25% 60,740,391 109.52%

(512,473,219) -276.45% (1,606,246,927) -866.47%

7,642,627,343 658.77% (382,897,313) -33.00%

-55.81% (2,255,136,051) -1455.41% (1,677,286,015) -1082.48%

5,387,491,292 409.67% (2,060,183,328) -156.66%


-0.61% - 0.00% (20,045,237) #DIV/0!

3.64% (36,009,861) -61512.21% 119,476,438 204090.19%

-0.22% 2,141,174 396.98% (7,848,700) -1455.18%

(33,868,687) -7043.91% 111,627,738 23216.02%

(33,868,687) -7043.91% 91,582,501 19047.07%

-100.00% 5,353,622,605 407.24% (1,968,600,827) -149.75%


TREND ANALYSIS

2013 2014 2015

100.00% 199.31% 202.56%

100.00% 139.58% 209.24%

100.00% 199.10% 361.11%

100.00% 195.58% 203.74%

100.00% 72.92% 13.11%

100.00% 936.62% 225.50%

100.00% -5.16% -384.09%

100.00% 1.79% 156.20%

100.00% 158.10% 144.29%

100.00% 155.25% 209.52%

100.00% -176.45% -766.47%

100.00% 758.77% 67.00%

100.00% -1355.41% -982.48%

100.00% 509.67% -56.66%


100.00% 100.00% #DIV/0!

100.00% -61412.21% 204190.19%

100.00% 496.98% -1355.18%

100.00% -6943.91% 23316.02%

100.00% -6943.91% 19147.07%

100.00% 507.24% -49.75%


Balances at January 1, 2015

Net loss

Other comprehensive income (Note 16)

Total comprehensive loss

Dividend declaration

Purchase of treasury shares (Note 17)

Issuance of treasury shares for

share-based payments (Note 17)

Share-based payments (Note 17)

Remeasurement gain on defined benefit plan transferred to retained earnings (Note 16)

Non-controlling interests arising from business combination (Note 3)


Balances at December 31, 2015

Balances at January 1, 2014

Net income

Other comprehensive loss (Note 16)

Total comprehensive income

Issuance of capital stock to PMHI (Note 17)

Purchase of treasury shares (Note 17)

Issuance of treasury shares for

share-based payments (Note 17)

Share-based payments (Note 17)

Remeasurement loss on defined benefit plan transferred

to retained earnings (Note 16)

Changes in non-controlling interests (Note 1)

Balances at December 31, 2014

Balances at January 1, 2013


Net loss

Other comprehensive income (Note 16)

Total comprehensive loss

Share-based payments (Note 17)

Remeasurement gain on defined benefit plan transferred

to retained earnings (Note 16)

Subsidiary’s issuance of capital stock to non-controlling

interests

Balances at December 31, 2013

0
BLOOMBERRY RESORTS CORPORATION AND SUBSIDIARIES

(A Subsidiary of Prime Metroline Holdings, Inc.)

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

FOR THE YEARS ENDED DECEMBER 31, 2015, 2014 AND 2013

Equity Attributable to Equity Holders of t

Additional Equity Share-based

Capital Stock Paid-in Capital Reserve Treasury Shares Payment Plan

=11,032,998,225P =13,162,080,045P (27,138,558) (77,448,659) 38,021,393P

– – – – –

– – – – –

– – – – –

– – – – –

– – – (189,145,719) –

– (497,795) – 50,172,022 (49,674,227)

– – – – 59,940,619

– – – – –

– – – – –
11,032,998,225P 13,161,582,250P (27,138,558) (216,422,356) 48,287,785

10,589,800,556 7,948,329,736 (27,138,558) 10,883,035

– – – – –

– – – – –

– – – – –

443,197,669 5,219,041,760 – – –

– – – (103,290,629) –

– (5,291,451) – 25,841,970 (20,550,519)

– – – – 47,688,877

– – – – –

– – – – –

11,032,998,225 13,162,080,045 (27,138,558) (77,448,659) 38,021,393

Equity Attributable to Equity Holders of the Parent Company

Additional Equity Share-based

Capital Stock Paid-in Capital Reserve Treasury Shares Payment Plan

10,589,800,556 7,948,329,736 (27,138,558)


– – – – –

– – – – –

– – – – –

– – – – 10,883,035

– – – –

– – – – –

10,589,800,556 7,948,329,736 27,138,558 10,883,035


ND SUBSIDIARIES

ngs, Inc.)

NGES IN EQUITY

, 2014 AND 2013

utable to Equity Holders of the Parent Company Equity

Cumulative Retained Attributable to

Translation Remeasurement Earnings Non-controlling

Adjustments Gain (Loss) (Deficit) Total Interests

1,550,048,630P 25,678,561,076P 656,003

– – (3,363,514,843) (3,363,514,843) (11,758,451)

(20,045,237) 112,182,432 – 92,137,195 (73,872)

(20,045,237) 112,182,432 (3,363,514,843) (3,271,377,648) (11,832,323)

– – (551,453,442) (551,453,442) –

– – – (189,145,719) –

– – – –

– – – 59,940,619 –

– (112,182,432) 112,182,432 – –

– – – – 81,569,669
(20,045,237) (2,252,737,223) 21,726,524,886 70,393,349

(2,488,964,831) 16,032,909,938 2,342

– – 4,072,401,326 4,072,401,326 –

– (33,387,865) – (33,387,865) –

– (33,387,865) 4,072,401,326 4,039,013,461 –

– – – 5,662,239,429 –

– – – (103,290,629) –

– – – – –

– – – 47,688,877 –

– 33,387,865 (33,387,865) – –

– – – – 653,661

1,550,048,630 25,678,561,076 656,003

f the Parent Company

Equity Attributable
Cumulative
to

Translation Remeasurement Non-controlling

Adjustment Gain Deficit Total Interests

(1,174,355,687) 17,336,636,047
– – (1,315,089,966) (1,315,089,966) –

– 480,822 – 480,822 –

– 480,822 (1,315,089,966) (1,314,609,144) –

– – – 10,883,035 –

– (480,822) 480,822 – –

– – – – 2,342

(2,488,964,831) 6,032,909,938 2,342


Total Equity

25,679,217,079

(3,375,273,294)

92,063,323

(3,283,209,971)

(551,453,442)

(189,145,719)

59,940,619

81,569,669
21,796,918,235

16,032,912,280

4,072,401,326

(33,387,865)

4,039,013,461

5,662,239,429

(103,290,629)

47,688,877

653,661

25,679,217,079

Total Equity

17,336,636,047
(1,315,089,966)

480,822

(1,314,609,144)

10,883,035

2,342

16,032,912,280
BLOOMBERRY RESORTS CORPORATION AND SUBSIDIARIES

(A Subsidiary of Prime Metroline Holdings, Inc.)

CONSOLIDATED STATEMENTS OF CASH FLOWS

CASH FLOWS FROM OPERATING ACTIVITIES

Income (loss) before income tax

Adjustments for:

Depreciation and amortization (Notes 10, 12 and 18)

Provision for doubtful accounts (Notes 6 and 18)

Interest expense (Notes 13 and 14)

Unrealized foreign exchange gains - net

Retirement expense (Note 16)

Interest income (Notes 5 and 9)

Share-based payment expense (Note 17)

Loss on retirement of property and equipment

(Note 10)

Mark-to-market loss (gain) (Notes 8 and 14)

Operating income before working capital changes

Decrease (increase) in:

Receivables
Inventories

Prepayments and other current assets

Increase in payables and other current liabilities

Net cash generated from operations

Income taxes paid

Interest received

Retirement benefits paid (Note 16)

Net cash provided by operating activities

CASH FLOWS FROM INVESTING ACTIVITIES

Acquisition of property and equipment (Note 10)

Proceeds from disposal of property and equipment

Acquisition of a subsidiary, net of cash acquired

(Notes 1 and 3)

Decrease (increase) in:

Restricted cash - net of current portion

Advances to contractors

Other noncurrent assets

Net cash used in investing activities

CASH FLOWS FROM FINANCING ACTIVITIES

Net proceeds from availment of loans

Payment of:

Principal
Short-term borrowing

Interest

Dividend payment

Acquisition of treasury shares

Net proceeds from issuance of capital stock

Acquisition of non-controlling interests

Net proceeds from issuance of capital stock to non-controlling interest

Net cash provided by financing activities

EFFECT OF EXCHANGE RATE CHANGES ON

CASH AND CASH EQUIVALENTS

NET INCREASE (DECREASE) IN CASH AND

CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS

AT BEGINNING OF YEAR

Cash and cash equivalents (Note 5)

Current portion of restricted cash (Notes 2, 9 and 24)

CASH AND CASH EQUIVALENTS

AT END OF YEAR

Cash and cash equivalents (Note 5)

Current portion of restricted cash (Notes 2, 9 and 24)


RPORATION AND SUBSIDIARIES

Metroline Holdings, Inc.)

MENTS OF CASH FLOWS

Years Ended December 31 VERTICAL ANALYSIS

2013 2014 2015 2013 2014

(1,160,141,807) 6,482,485,536 (1,543,039,120) -67.05% 79.75%

2,039,223,501 2,817,962,191 4,856,402,627 117.85% 34.67%

532,705,442 679,659,275 2,568,720,145 30.79% 8.36%

371,030,034 761,208,605 2,167,139,553 21.44% 9.36%

(199,753,132) (12,493,466) (257,598,545) -11.54% -0.15%

35,560,159 48,025,698 112,377,075 2.06% 0.59%

(53,646,806) (84,813,536) (77,407,316) -3.10% -1.04%

10,883,035 47,688,877 59,940,619 0.63% 0.59%

798,617 - 48,078,199 0.05% 0.00%

55,462,138 24,820,450 (5,278,253) 3.21% 0.31%

1,632,121,181 10,764,543,630 7,929,334,984

(2,924,281,420) (2,133,344,602) (786,387,424) -169.00% -26.24%


(189,702,434) 7,376,786 190,258 -10.96% 0.09%

(123,141,205) (521,603,252) 48,841,180 -7.12% -6.42%

3,277,362,687 1,333,601,292 2,563,508,340 189.40% 16.41%

1,672,358,809 9,450,573,854 9,755,487,338

- (1,406,424,182) (2,959,906,344) 0.00% -17.30%

58,021,084 84,643,838 138,414,123 3.35% 1.04%

- - (37,698,809) 0.00% 0.00%

1,730,379,893 8,128,793,510 6,896,296,308 100.00% 100.00%

(10,776,405,402) (10,793,501,467) (8,833,188,766) -86.34% -76.29%

- - 4,250,304 0.00% 0.00%

- - (1,997,738,988) 0.00% 0.00%

(72,764,037) (18,068,461) 20,773,013 -0.58% -0.13%

(1,057,340,309) (3,234,903,914) (753,220,851) -8.47% -22.86%

(575,369,277) (102,015,846) (976,669,628) -4.61% -0.72%

(12,481,879,025) (14,148,489,688) (12,535,794,916) -100.00% -100.00%

9,380,331,202 15,989,691,633 6,220,670,974 105.72% 83.33%

- (1,082,850,000) (2,034,050,000) 0.00% -5.64%


- - (199,082,000) 0.00% 0.00%

(507,830,728) (1,277,648,460) (2,161,810,086) -5.72% -6.66%

- - (551,453,442) 0.00% 0.00%

- (103,290,629) (189,145,719) 0.00% -0.54%

- 5,662,239,429 - 0.00% 29.51%

- (2,342) - 0.00% 0.00%

2,342 656,003 - 0.00% 0.00%

8,872,502,816 19,188,795,634 1,085,129,727 100.00% 100.00%

108,095,920 (106,539,409) (121,534,749)

(1,770,900,396) 13,062,560,047 (4,675,903,630)

7,836,932,348 6,092,239,439 14,747,804,181

42,832,595 16,625,108 4,423,620,413

7,879,764,943 6,108,864,547 19,171,424,594

6,092,239,439 14,747,804,181 14,495,520,964

16,625,108 4,423,620,413 –

6,108,864,547 19,171,424,594 14,495,520,964


TICAL ANALYSIS HORIZONTAL ANALYSIS (2013-base year)

2015 2014 2015

Change in amount %change Change in amount % change

-22.37% 7,642,627,343 658.77% (382,897,313) -33.00%

70.42% 778,738,690 38.19% 2,817,179,126 138.15%

37.25% 146,953,833 27.59% 2,036,014,703 382.20%

31.42% 390,178,571 105.16% 1,796,109,519 484.09%

-3.74% 187,259,666 93.75% (57,845,413) -28.96%

1.63% 12,465,539 35.05% 76,816,916 216.02%

-1.12% (31,166,730) -58.10% (23,760,510) -44.29%

0.87% 36,805,842 338.19% 49,057,584 450.77%

0.70% (798,617) 0 47,279,582 5920.18%

-0.08% (30,641,688) -55.25% (60,740,391) -109.52%

9,132,422,449 559.54% 6,297,213,803 385.83%

-11.40% 790,936,818 27.05% 2,137,893,996 73.11%


0.00% 197,079,220 103.89% 189,892,692 100.10%

0.71% (398,462,047) -323.58% 171,982,385 139.66%

37.17% (1,943,761,395) -59.31% (713,854,347) -21.78%

7,778,215,045 465.10% 8,083,128,529 483.34%

-42.92% (1,406,424,182) #DIV/0! (2,959,906,344) #DIV/0!

2.01% 26,622,754 45.88% 80,393,039 138.56%

-0.55% - 0.00% (37,698,809) #DIV/0!

100.00% 6,398,413,617 369.77% 5,165,916,415 298.54%

-70.46% (17,096,065) -0.16% 1,943,216,636 18.03%

0.03% - 0.00% 4,250,304 #DIV/0!

-15.94% - 0.00% (1,997,738,988) #DIV/0!

0.17% 54,695,576 75.17% 93,537,050 128.55%

-6.01% (2,177,563,605) -205.95% 304,119,458 28.76%

-7.79% 473,353,431 82.27% (401,300,351) -69.75%

-100.00% (1,666,610,663) -13.35% (53,915,891) -0.43%

573.27% 6,609,360,431 70.46% (3,159,660,228) -33.68%

-187.45% (1,082,850,000) #DIV/0! (2,034,050,000) #DIV/0!


-18.35% - 0.00% (199,082,000) #DIV/0!

-199.22% (769,817,732) -151.59% (1,653,979,358) -325.70%

-50.82% - 0.00% (551,453,442) #DIV/0!

-17.43% (103,290,629) #DIV/0! (189,145,719) #DIV/0!

0.00% 5,662,239,429 #DIV/0! - 0.00%

0.00% (2,342) #DIV/0! - 0.00%

0.00% 653,661 27910.38% (2,342) -100.00%

100.00% 10,316,292,818 116.27% (7,787,373,089) -87.77%


TREND ANALYSIS

2013 2014 2015

100.00% 758.77% 67.00%

100.00% 138.19% 238.15%

100.00% 127.59% 482.20%

100.00% 205.16% 584.09%

100.00% 193.75% 71.04%

100.00% 135.05% 316.02%

100.00% 41.90% 55.71%

100.00% 438.19% 550.77%

100.00% 0.00% 6020.18%

100.00% 44.75% -9.52%

100.00% 659.54% 485.83%

100.00% 127.05% 173.11%


100.00% 203.89% 200.10%

100.00% -223.58% 239.66%

100.00% 40.69% 78.22%

100.00% 565.10% 583.34%

100.00% #DIV/0! #DIV/0!

100.00% 145.88% 238.56%

100.00% 100.00% #DIV/0!

100.00% 469.77% 398.54%

100.00% 99.84% 118.03%

100.00% 100.00% #DIV/0!

100.00% 100.00% #DIV/0!

100.00% 175.17% 228.55%

100.00% -105.95% 128.76%

100.00% 182.27% 30.25%

100.00% 86.65% 99.57%

100.00% 170.46% 66.32%

100.00% #DIV/0! #DIV/0!


100.00% 100.00% #DIV/0!

100.00% -51.59% -225.70%

100.00% 100.00% #DIV/0!

100.00% #DIV/0! #DIV/0!

100.00% #DIV/0! 100.00%

100.00% #DIV/0! 100.00%

100.00% 28010.38% 0.00%

100.00% 216.27% 12.23%


Financial Ratios
Formula
Liquidity Analysis Ratios:
Current Ratio or Working Capital Ratio Current Assets / Current Liabilities
Quick Ratio (Current Assets - Inventory - Prepayments) / Current Liabilities
Solvency Ratio Total Assets / Total Liabilities
Financial Leverage Ratios
Debt Ratio Total Debt / Total Assets
Debt-to-Equity Ratio Total Debt / Total Stockholders' Equity
Interest Coverage Earnings Before Interest and Taxes (EBIT) / Interest Charges
Asset to Equity Ratio Total Assets / Total Stockholders' Equity
Profitability Ratios
Gross Profit Margin Sales - Cost of Goods Sold or Cost of Service / Sales
Net Profit Margin Net Profit / Sales
Return on Asset Net Income / Total Assets
Return on Equity Net Income / Total Stockholders' Equity
Price/Earnings Ratio Price Per Share / Earning Per Common Share
Fiscal Year
Year Ended Previous Fiscal Year
31-Dec-15 31-Dec-14 31-Dec-13

1.28 2.17 1.19


1.21 2.09 1.14
1.45 1.61 1.66

0.69 0.62 0.6


2.25 1.64 1.52
0.29 9.43 -2.63
3.25 2.64 2.52

N/A N/A N/A


-13.40% 16.90% -10.7%
-4.80% 6.00% -3.3%
-15.50% 15.90% -8.2%
-14.89 32.43 -69.44