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Last $298.00 PHP
Change Today +1.80 / 0.61%
Volume 542.8K
As of 3:27 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements for manila electric company (MER)

Year over year, Manila Electric Co. has seen revenues shrink from $298.6B PHP to $266.3B PHP, though the company was able to grow net income from $17.2B PHP to $18.1B PHP. A reduction in the percentage of sales devoted to cost of goods sold from 65.55% to 61.32% was a key component in the bottom line growth in the face of falling revenues.
View Income Statement In U.S. Dollar
Currency in
Millions of Philippines Pesos
As of:Jan 01
Dec 31
Dec 31
Dec 31
4 Year
TOTAL REVENUES256,808.0285,270.0298,636.0266,336.0
Cost of Goods Sold188,872.0215,824.0195,747.0163,330.0
GROSS PROFIT67,936.069,446.0102,889.0103,006.0
Selling General & Admin Expenses, Total33,439.031,562.058,244.056,110.0
Depreciation & Amortization, Total5,504.05,576.06,118.06,093.0
Other Operating Expenses17,114.016,576.018,608.019,289.0
OTHER OPERATING EXPENSES, TOTAL39,861.036,667.065,591.064,391.0
OPERATING INCOME25,904.029,905.034,899.036,814.0
Interest Expense-1,278.0-1,335.0-1,254.0-1,344.0
Interest and Investment Income1,379.01,762.01,088.0720.0
NET INTEREST EXPENSE101.0427.0-166.0-624.0
Income (Loss) on Equity Investments67.0-15.0-259.0295.0
Currency Exchange Gains (Loss)-7.0-4.0353.08.0
Other Non-Operating Income (Expenses)-7,343.0-8,291.0-10,500.0-10,025.0
Gain (Loss) on Sale of Investments24.0------
EBT, INCLUDING UNUSUAL ITEMS18,746.022,022.024,327.026,468.0
Income Tax Expense5,953.05,741.07,054.08,337.0
Minority Interest in Earnings-499.0-142.0-62.0-78.0
Earnings from Continuing Operations12,793.016,281.017,273.018,131.0
NET INCOME13,260.017,117.017,211.018,053.0
NET INCOME TO COMMON INCLUDING EXTRA ITEMS13,260.017,117.017,211.018,053.0
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS12,294.016,139.017,211.018,053.0

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MER:PM $298.00 PHP +1.80

MER Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Oriental Petroleum & Minerals Corp $0.0099 PHP +0.0003
PetroEnergy Resources Corp $4.18 PHP 0.00
Philodrill Corp/The $0.01 PHP 0.00
Trans-Asia Oil & Energy Development Corp $2.20 PHP +0.02
View Industry Companies

Industry Analysis


Industry Average

Valuation MER Industry Range
Price/Earnings 16.4x
Price/Sales 1.2x
Price/Book -- Not Meaningful
Price/Cash Flow 12.6x
TEV/Sales -- Not Meaningful

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