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2017 May-16 Mar-16 Total of 2016

Educational Revenues
Tuition Fees - Net ₱ 1,706,281,866.00 ₱ 49,199,522.00 ₱ 2,222,343,462.00 ₱ 2,271,542,984.00
Other School Fees ₱ 32,595,687.00 ₱ 5,969,414.00 ₱ 52,091,221.00 ₱ 58,060,635.00

Total ₱ 1,738,877,553.00 ₱ 55,168,936.00 ₱ 2,274,434,683.00 ₱ 2,329,603,619.00

Operating Expense ₱ 1,506,735,384.00 ₱ 275,147,463.00 ₱ 1,734,268,345.00 ₱ 2,009,415,808.00


Operating Profit (Loss) ₱ 232,142,169.00 ₱ (219,978,527.00) ₱ 540,166,338.00 ₱ 320,187,811.00
Finance Income ₱ 180,106,668.00 ₱ 29,568,666.00 ₱ 207,091,205.00 ₱ 236,659,871.00
Other Income ₱ 87,929,886.00 ₱ 9,375,019.00 ₱ 131,105,403.00 ₱ 140,480,422.00
Finance Costs ₱ (83,955,602.00) ₱ (6,043,736.00) ₱ (11,255,800.00) ₱ (17,299,536.00)
Profit (Loss) Before Tax ₱ 416,223,121.00 ₱ (187,078,578.00) ₱ 867,107,146.00 ₱ 680,028,568.00
Tax Income (Expense) ₱ (46,286,062.00) ₱ 17,464,411.00 ₱ (90,280,411.00) ₱ (72,816,000.00)

Net Profit (Loss) ₱ 369,937,059.00 ₱ (169,614,167.00) ₱ 776,826,735.00 ₱ 607,212,568.00

Earnings (Loss) Per Share ₱ 22.45 ₱ 10.29 ₱ 47.15 ₱ 57.44


Basic and Diluted

Percentage Change (2017) Percentage Change (May) Percentage Change (March) Percentage Change (2016)
Educational Revenues
Tuition Fees - Net 98.13% 89.18% 97.71% 97.51%
Other School Fees 1.87% 10.82% 2.29% 2.49%

Total 100.00% 100.00% 100.00% 100.00%

Operating Expense 86.65% 498.74% 76.25% 86.26%


Operating Profit (Loss) 13.35% -398.74% 23.75% 13.74%
Finance Income 10.36% 53.60% 9.11% 10.16%
Other Income 5.06% 16.99% 5.76% 6.03%
Finance Costs -4.83% -10.95% -0.49% -0.74%
Profit (Loss) Before Tax 23.94% -339.10% 38.12% 29.19%
Tax Income (Expense) -2.66% 31.66% -3.97% -3.13%

Net Profit (Loss) 21.27% -307.45% 34.15% 26.07%


2017 May-16 Mar-16 Total of 2016 Peso Change Percentage Change
Educational Revenues
Tuition Fees - Net ₱ 1,706,281,866.00 ₱ 49,199,522.00 ₱ 2,222,343,462.00 ₱ 2,271,542,984.00 ₱ (565,261,118.00) -24.9%
Other School Fees ₱ 32,595,687.00 ₱ 5,969,414.00 ₱ 52,091,221.00 ₱ 58,060,635.00 ₱ (25,464,948.00) -43.9%

Total ₱ 1,738,877,553.00 ₱ 55,168,936.00 ₱ 2,274,434,683.00 ₱ 2,329,603,619.00 ₱ (590,726,066.00) -25.4%


₱ -
Operating Expenses ₱ 1,506,735,384.00 ₱ 275,147,463.00 ₱ 1,734,268,345.00 ₱ 2,009,415,808.00 ₱ (502,680,424.00) -25.0%
Operating Profit (Loss) ₱ 232,142,169.00 ₱ (219,978,527.00) ₱ 540,166,338.00 ₱ 320,187,811.00 ₱ (88,045,642.00) -27.5%
Finance Income ₱ 180,106,668.00 ₱ 29,568,666.00 ₱ 207,091,205.00 ₱ 236,659,871.00 ₱ (56,553,203.00) -23.9%
Other Income ₱ 87,929,886.00 ₱ 9,375,019.00 ₱ 131,105,403.00 ₱ 140,480,422.00 ₱ (52,550,536.00) -37.4%
Finance Costs ₱ (83,955,602.00) ₱ (6,043,736.00) ₱ (11,255,800.00) ₱ (17,299,536.00) ₱ (66,656,066.00) 385.3%
Profit (Los) Before Tax ₱ 416,223,121.00 ₱ (187,078,578.00) ₱ 867,107,146.00 ₱ 680,028,568.00 ₱ (263,805,447.00) -38.8%
Tax Income (Expense) ₱ (46,286,062.00) ₱ 17,464,411.00 ₱ (90,280,411.00) ₱ (72,816,000.00) ₱ 26,529,938.00 -36.4%

Net Profit (Loss) ₱ 369,937,059.00 ₱ (169,614,167.00) ₱ 776,826,735.00 ₱ 607,212,568.00 ₱ (237,275,509.00) -39.1%


₱ -
Earnings ( Loss) peer Share ₱ 22.45 ₱ 10.29 ₱ 47.15 ₱ 57.44 ₱ (34.99) -60.9%
Basic and Diluted
ASSETS 2017 May 2016 (As Restated) Mar-16 Percent Change Percent Change Percent Change
CURRENT ASSETS
Cash and cash equivalents ₱319,600,228.00 ₱545,377,957.00 ₱481,162,407.00 3.82% 6.95% 6.85%
Receivables - net ₱502,832,870.00 ₱343,511,638.00 ₱476,705,117.00 6.00% 4.38% 6.78%
Available-for-sale financial assets ₱2,139,654,834.00 ₱2,156,987,745.00 ₱2,151,377,898.00 25.55% 27.49% 30.61%
Held-to-maturity investments ₱95,148,019.00 ₱ - ₱ - 1.14% 0.00% 0.00%
Prepayments and other current assets -net ₱60,248,385.00 ₱43,990,988.00 ₱ 23,262,038.00 0.72% 0.56% 0.33%

Total Current Assets ₱3,117,484,336.00 ₱3,089,868,328.00 ₱3,130,507,460.00 37.22% 39.38% 44.54%

NON-CURRENT ASSETS
Available-for-sale financial assets ₱ - ₱ 313,189,024.00 ₱ 308,642,039.00 0.00% 3.99% 4.39%
Held-to-maturity investments ₱ 241,418,315.00 ₱ - ₱ - 2.88% 0.00% 0.00%
Investments in subsidiaries and on associate - net ₱ 1,557,820,563.00 ₱ 1,121,425,599.00 ₱ 289,151,794.00 18.60% 14.29% 4.11%
Investment properties - net ₱ 1,401,543,577.00 ₱ 1,433,253,540.00 ₱ 1,432,391,611.00 16.73% 18.27% 20.38%
Property and equipment - net ₱ 2,043,632,989.00 ₱ 1,857,569,127.00 ₱ 1,857,593,600.00 24.40% 23.67% 26.43%
Refundable deposits ₱ 4,377,630.00 ₱ 4,377,630.00 ₱ 4,377,630.00 0.05% 0.06% 0.06%
Deferred Tax Assets - net ₱ 9,127,118.00 ₱ 27,135,121.00 ₱ 6,409,440.00 0.11% 0.35% 0.09%

Total Non-current Assets ₱ 5,257,920,162.00 ₱ 4,756,950,041.00 ₱ 3,898,566,114.00 62.78% 60.62% 55.46%

TOTAL ASSETS ₱ 8,375,404,498.00 ₱ 7,846,818,369.00 ₱ 7,029,073,574.00 100.00% 100.00% 100.00%

LIABILITIES AND EQUITY


CURRENT LIABILITIES
Trade and other payables ₱ 826,718,056.00 ₱ 625,520,318.00 ₱ 507,728,186.00 9.87% 7.97% 7.22%
Interest-bearing loan ₱ 262,857,143.00 ₱ - ₱ - 3.14% 0.00% 0.00%
Unearned tuition fees ₱ 8,811,238.00 ₱ 50,427,021.00 ₱ - 0.11% 0.64% 0.00%
Derivative Liability ₱ 33,365.46 ₱ 20,520,000.00 ₱ 18,072,300.00 0.00% 0.26% 0.26%
Income Tax Payable ₱ - ₱ 28,407,531.00 ₱ 28,407,531.00 0.00% 0.36% 0.40%

Total Current Liabilities ₱ 1,131,751,896.00 ₱ 724,874,870.00 ₱ 554,208,017.00 13.51% 9.24% 7.88%

NON-CURRENT LIABILITY
Interest-bearing loans ₱ 1,617,142,857.00 ₱ 1,480,000,000.00 ₱ 680,000,000.00 19.31% 18.86% 9.67%

TOTAL LIABILITIES ₱ 2,748,894,753.00 ₱ 2,204,874,870.00 ₱ 1,234,208,017.00 32.82% 28.10% 17.56%

EQUITY
Capital stock ₱ 1,651,435,400.00 ₱ 1,651,435,400.00 ₱ 1,651,435,400.00 19.72% 21.05% 23.49%
Treasury stock - at cost ₱ (3,733,100.00) ₱ (3,733,100.00) ₱ (3,733,100.00) -0.04% -0.05% -0.05%
Revaluation reserves ₱ 38,838,926.00 ₱ 61,715,233.00 ₱ 45,023,124.00 0.46% 0.79% 0.64%
Retained earnings ₱ 3,939,968,519.00 ₱ 3,932,525,966.00 ₱ 4,102,140,133.00 47.04% 50.12% 58.36%

Total Equity ₱ 5,626,509,745.00 ₱ 5,641,943,499.00 ₱ 5,794,865,557.00 67.18% 71.90% 82.44%

TOTAL LIABILITIES AND EQUITY ₱ 8,375,404,498.00 ₱ 7,846,818,369.00 ₱ 7,029,073,574.00 100.00% 100.00% 100.00%
ASSETS 2017 May 2016 (As Restated) Mar-16 Peso Change Percent Change
CURRENT ASSETS
Cash and cash equivalents ₱319,600,228.00 ₱ 545,377,957.00 ₱481,162,407.00 ₱ (225,777,729.00) -41.40%
Receivables - net ₱502,832,870.00 ₱ 343,511,638.00 ₱474,705,117.00 ₱ 159,321,232.00 46.38%
Available-for-sale financial assets ₱2,139,654,834.00 ₱ 2,156,987,745.00 ₱2,151,377,898.00 ₱ (17,332,911.00) -0.80%
Held-to-maturity investments ₱95,148,019.00 ₱ - ₱ - ₱95,148,019.00
Prepayments and other current assets -net ₱60,248,385.00 ₱ 43,990,988.00 ₱23,262,038.00 ₱16,257,397.00 36.96%

Total Current Assets ₱3,117,484,336.00 ₱ 3,089,868,328.00 ₱3,130,507,460.00 ₱27,616,008.00 0.89%

NON-CURRENT ASSETS
Available-for-sale financial assets ₱ - ₱ 313,189,024.00 ₱ 308,642,039.00 ₱ (313,189,024.00) -100.00%
Held-to-maturity investments ₱ 241,418,315.00 ₱ - ₱ - ₱ 241,418,315.00
Investments in subsidiaries and on associate - net ₱ 1,557,820,563.00 ₱ 1,121,425,599.00 ₱ 289,151,794.00 ₱ 436,394,964.00 38.91%
Investment properties - net ₱ 1,401,543,577.00 ₱ 1,433,253,540.00 ₱ 1,432,391,611.00 ₱ (31,709,963.00) -2.21%
Property and equipment - net ₱ 2,043,632,989.00 ₱ 1,857,569,127.00 ₱ 1,857,593,600.00 ₱ 186,063,862.00 10.02%
Refundable deposits ₱ 4,377,630.00 ₱ 4,377,630.00 ₱ 4,377,630.00 ₱ - 0.00%
Deferred Tax Assets - net ₱ 9,127,118.00 ₱ 27,135,121.00 ₱ 6,409,440.00 ₱ (18,008,003.00) -66.36%

Total Non-current Assets ₱ 5,257,920,162.00 ₱ 4,756,950,041.00 ₱ 3,898,566,114.00 ₱ 500,970,121.00 10.53%

TOTAL ASSETS ₱ 8,375,404,498.00 ₱ 7,846,818,369.00 ₱ 7,029,073,574.00 ₱ 528,586,129.00 6.74%

LIABILITIES AND EQUITY


CURRENT LIABILITIES
Trade and other payables ₱ 826,718,056.00 ₱ 625,520,318.00 ₱ 507,728,186.00 ₱ 201,197,738.00 32.16%
Interest-bearing loan ₱ 262,857,143.00 ₱ 262,857,143.00
Unearned tuition fees ₱ 8,811,238.00 ₱ 50,427,021.00 ₱ (41,615,783.00) -82.53%
Derivative Liability ₱ 33,365.46 ₱ 20,520,000.00 ₱ 18,072,300.00 ₱ (20,486,634.54) -99.84%
Income Tax Payable ₱ 28,407,531.00 ₱ 28,407,531.00 ₱ (28,407,531.00) -100.00%

Total Current Liabilities ₱ 1,131,751,896.00 ₱ 724,874,870.00 ₱ 554,208,017.00 ₱ 406,877,026.00 56.13%


NON-CURRENT LIABILITY
Interest-bearing loans ₱ 1,617,142,857.00 ₱ 1,480,000,000.00 ₱ 680,000,000.00 ₱ 137,142,857.00 9.27%

TOTAL LIABILITIES ₱ 2,748,894,753.00 ₱ 2,204,874,870.00 ₱ 1,234,208,017.00 ₱ 544,019,883.00 24.67%

EQUITY
Capital stock ₱ 1,651,435,400.00 ₱ 1,651,435,400.00 ₱ 1,651,435,400.00 ₱ - 0.00%
Treasury stock - at cost ₱ (3,733,100.00) ₱ (3,733,100.00) ₱ (3,733,100.00) ₱ - 0.00%
Revaluation reserves ₱ 38,838,926.00 ₱ 61,715,233.00 ₱ 45,023,124.00 ₱ (22,876,307.00) -37.07%
Retained earnings ₱ 3,939,968,519.00 ₱ 3,932,525,966.00 ₱ 4,102,140,133.00 ₱ 7,442,553.00 0.19%

Total Equity ₱ 5,626,509,745.00 ₱ 5,641,943,499.00 ₱ 5,794,865,557.00 ₱ (15,433,754.00) -0.27%

TOTAL LIABILITIES AND EQUITY ₱ 8,375,404,498.00 ₱ 7,846,818,369.00 ₱ 7,029,073,574.00 ₱ 528,586,129.00 6.74%


2018 2017 2016 Peso Change Percent Change
REVENUES
Tuition and other school fees ₱ 1,371,104,081.00 ₱ 1,535,004,059.00 ₱ 1,691,890,018.00 ₱ (163,899,978.00) -10.68%
Miscellaneous income ₱ 43,150,915.00 ₱ 45,349,627.00 ₱ 41,766,288.00 ₱ (2,198,712.00) -4.85%
₱ 1,414,254,996.00 ₱ 1,580,353,686.00 ₱ 1,733,656,306.00 ₱ (166,098,690.00) -10.51%

COSTS AND EXPENSES


Costs of Services ₱ 1,073,840,325.00 ₱ 1,120,358,938.00 ₱ 1,227,687,910.00 ₱ (46,518,613.00) -4.15%
General and Administrative Expenses ₱ 182,877,124.00 ₱ 171,389,359.00 ₱ 146,716,632.00 ₱ 11,487,765.00 6.70%
₱ 1,256,717,449.00 ₱ 1,291,748,297.00 ₱ 1,374,404,542.00 ₱ (35,030,848.00) -2.71%

INCOME BEFORE OTHER INCOME (EXPENSES) ₱ 157,537,547.00 ₱ 288,605,389.00 ₱ 359,251,764.00 ₱ (131,067,842.00) -45.41%
AND INCOME TAX

OTHER INCOME (EXPENSES)


Interest Expense ₱ (12,940,762.00) ₱ (938,489.00) ₱ (4,385,740.00) ₱ (12,002,273.00) 1278.89%
Interest Income ₱ 3,405,522.00 ₱ 3,721,167.00 ₱ 6,933,117.00 ₱ (315,645.00) -8.48%
Loss on Retirement/Disposal of Asset ₱ (333,821.00) ₱ (295,689.00) ₱ (447,082.00) ₱ (38,132.00) 12.90%
Foreign Currency Exchange Gains - net ₱ 254,235.00 ₱ 535,941.00 ₱ 390,562.00 ₱ (281,706.00) -52.56%
₱ (9,614,826.00) ₱ 3,022,930.00 ₱ 2,490,857.00 ₱ (12,637,756.00) -418.06%

INCOME BEFORE INCOME TAX ₱ 147,922,721.00 ₱ 291,628,319.00 ₱ 361,742,621.00 ₱ (143,705,598.00) -49.28%

PROVISION FOR INCOME TAX ₱ 37,706,329.00 ₱ 28,178,487.00 ₱ 16,570,857.00 ₱ 9,527,842.00 33.81%

NET INCOME ₱ 110,216,392.00 ₱ 263,449,832.00 ₱ 345,171,764.00 ₱ (153,233,440.00) -58.16%

Attributable to:
Equity Holders of the University ₱ 107,772,975.00 ₱ 262,106,208.00 ₱ 345,171,764.00 ₱ (154,333,233.00) -58.88%
Non-controlling interests ₱ 2,443,417.00 ₱ 1,343,624.00 ₱ 102,913.00 ₱ 1,099,793.00 81.85%
₱ 110,216,392.00 ₱ 263,449,832.00 ₱ 345,171,764.00 ₱ (153,233,440.00) -58.16%
Basic/Diluted Earnings Per Share ₱ 0.29 ₱ 0.70 ₱ 0.93 ₱ (0.41) -58.57%
2018 2017 2016 Percent Change Percent Change Percent Change
REVENUES
Tuition and other school fees ₱ 1,371,104,081.00 ₱ 1,535,004,059.00 ₱ 1,691,890,018.00 96.95% 97.13% 97.59%
Miscellaneous income ₱ 43,150,915.00 ₱ 45,349,627.00 ₱ 41,766,288.00 3.05% 2.87% 2.41%
₱ 1,414,254,996.00 ₱ 1,580,353,686.00 ₱ 1,733,656,306.00 100.00% 100.00% 100.00%

COSTS AND EXPENSES


Costs of Services ₱ 1,073,840,325.00 ₱ 1,120,358,938.00 ₱ 1,227,687,910.00 85.45% 86.73% 89.33%
General and Administrative Expenses ₱ 182,877,124.00 ₱ 171,389,359.00 ₱ 146,716,632.00 14.55% 13.27% 10.67%
₱ 1,256,717,449.00 ₱ 1,291,748,297.00 ₱ 1,374,404,542.00 100.00% 100.00% 100.00%

INCOME BEFORE OTHER ₱ 157,537,547.00 ₱ 288,605,389.00 ₱ 359,251,764.00 11.14% 18.26% 20.72%


INCOME (EXPENSES) AND INCOME TAX

OTHER INCOME (EXPENSES)


Interest Expense ₱ (12,940,762.00) ₱ (938,489.00) ₱ (4,385,740.00) -0.92% -0.06% -0.25%
Interest Income ₱ 3,405,522.00 ₱ 3,721,167.00 ₱ 6,933,117.00 0.24% 0.24% 0.40%
Loss on Retirement/Disposal of Asset ₱ (333,821.00) ₱ (295,689.00) ₱ (447,082.00) -0.02% -0.02% -0.03%
Foreign Currency Exchange Gains - net ₱ 254,235.00 ₱ 535,941.00 ₱ 390,562.00 0.02% 0.03% 0.02%
₱ (9,614,826.00) ₱ 3,022,930.00 ₱ 2,490,857.00 -0.68% 0.19% 0.14%

INCOME BEFORE INCOME TAX ₱ 147,922,721.00 ₱ 291,628,319.00 ₱ 361,742,621.00 10.46% 18.45% 20.87%

PROVISION FOR INCOME TAX ₱ 37,706,329.00 ₱ 28,178,487.00 ₱ 16,570,857.00 2.67% 1.78% 0.96%

NET INCOME ₱ 110,216,392.00 ₱ 263,449,832.00 ₱ 345,171,764.00 7.79% 16.67% 19.91%

Attributable to:
Equity Holders of the University ₱ 107,772,975.00 ₱ 262,106,208.00 ₱ 345,171,764.00 7.62% 16.59% 19.91%
Non-controlling interests ₱ 2,443,417.00 ₱ 1,343,624.00 ₱ 102,913.00 0.17% 0.09% 0.01%
₱ 110,216,392.00 ₱ 263,449,832.00 ₱ 345,171,764.00 7.79% 16.67%
Basic/Diluted Earnings Per Share ₱ 0.29 ₱ 0.70 ₱ 0.93
2018 2017 Peso Change Percent Change
ASSETS
Current Assets
Cash and Cash Equivalents ₱ 290,181,009.00 ₱ 435,796,757.00 ₱ (145,615,748.00) -33.41%
Tuition and other receivables ₱ 121,410,647.00 ₱ 87,039,659.00 ₱ 34,370,988.00 39.49%
Inventories ₱ 12,880,554.00 ₱ 8,070,681.00 ₱ 4,809,873.00 59.60%
Other Current Assets ₱ 22,424,526.00 ₱ 27,148,445.00 ₱ (4,723,919.00) -17.40%
Total Current Assets ₱ 446,896,736.00 ₱ 558,055,542.00 ₱ (111,158,806.00) -19.92%

Noncurrent Assets
Property and Equipment
At revalued amount ₱ 1,884,026,292.00 ₱ 1,863,505,003.00 ₱ 20,521,289.00 1.10%
At cost ₱ 1,391,689,051.00 ₱ 1,337,278,704.00 ₱ 54,410,347.00 4.07%
Investment property ₱ 152,751,487.00 ₱ - ₱ 152,751,487.00
Goodwill ₱ 47,605,695.00 ₱ 47,605,695.00 ₱ - 0.00%
Other noncurrent assets ₱ 30,149,438.00 ₱ 13,816,077.00 ₱ 16,333,361.00 118.22%
Total Noncurrent Assets ₱ 3,506,221,963.00 ₱ 3,262,205,479.00 ₱ 244,016,484.00 7.48%
TOTAL ASSETS ₱ 3,953,118,699.00 ₱ 3,820,261,021.00 ₱ 132,857,678.00 3.48%

LIABILITIES AND EQUITY


Current Liabilities
Accounts payable and ₱ 355,306,220.00 ₱ 280,606,407.00 ₱ 74,699,813.00 26.62%
accrued expenses
Dividends Payable ₱ 107,787,994.00 ₱ 108,225,615.00 ₱ (437,621.00) -0.40%
Income Tax Payable ₱ 2,971,169.00 ₱ 9,953,732.00 ₱ (6,982,563.00) -70.15%
Total Current Liabilities ₱ 466,065,383.00 ₱ 398,785,754.00 ₱ 67,279,629.00 16.87%

Noncurrent Liabilities
Deferred Tax Liabilities - net ₱ 277,071,817.00 ₱ 242,128,875.00 ₱ 34,942,942.00 14.43%
Retirement Liability ₱ 84,598,790.00 ₱ 170,302,530.00 ₱ (85,703,740.00) -50.32%
Total Noncurrent Assets ₱ 361,670,607.00 ₱ 412,431,405.00 ₱ (50,760,798.00) -12.31%
TOTAL LIABILITIES ₱ 827,735,990.00 ₱ 811,217,159.00 ₱ 16,518,831.00 2.04%
Equity
Equity Attributable to Equity
Holders of the University
Capital Stock ₱ 372,414,400.00 ₱ 372,414,400.00 ₱ - 0.00%
Additional paid-in capital ₱ 664,056.00 ₱ 664,056.00 ₱ - 0.00%
Retained Earnings
Appropriated ₱ 996,000,000.00 ₱ 786,000,000.00 ₱ 210,000,000.00 26.72%
Unappropriated ₱ 377,500,481.00 ₱ 554,210,386.00 ₱ (176,709,905.00) -31.88%
Revaluation increment ₱ 1,350,002,971.00 ₱ 1,350,002,971.00 ₱ - 0.00%
on land - net
Remeasurement gain(loss) ₱ 23,668,534.00 ₱ (56,949,473.00) ₱ 80,618,007.00 -141.56%
on retirement obligation
Revalutaion reserve on ₱ 100,298.00 ₱ 112,970.00 ₱ (12,672.00) -11.22%
available-for-sale investments
₱ 3,120,350,740.00 ₱ 3,006,455,310.00 ₱ 113,895,430.00 3.79%

Equity Attributable to Non-controlling ₱ 5,031,969.00 ₱ 2,588,552.00 ₱ 2,443,417.00 94.39%


Interests in Consolidated Subsidiaries
Total Equity ₱ 3,125,382,709.00 ₱ 3,009,043,862.00 ₱ 116,338,847.00 3.87%
TOTAL LIABILITIES AND EQUITY ₱ 3,953,118,699.00 ₱ 3,820,261,021.00 ₱ 132,857,678.00 3.48%
2018 2017 Percent Change Percent Change
ASSETS
Current Assets
Cash and Cash Equivalents ₱ 290,181,009.00 ₱ 435,796,757.00 7.34% 11.41%
Tuition and other receivables ₱ 121,410,647.00 ₱ 87,039,659.00 3.07% 2.28%
Inventories ₱ 12,880,554.00 ₱ 8,070,681.00 0.33% 0.21%
Other Current Assets ₱ 22,424,526.00 ₱ 27,148,445.00 0.57% 0.71%
Total Current Assets ₱ 446,896,736.00 ₱ 558,055,542.00 11.30% 14.61%

Noncurrent Assets
Property and Equipment
At revalued amount ₱ 1,884,026,292.00 ₱ 1,863,505,003.00 47.66% 48.78%
At cost ₱ 1,391,689,051.00 ₱ 1,337,278,704.00 35.20% 35.00%
Investment property ₱ 152,751,487.00 ₱ - 3.86% 0.00%
Goodwill ₱ 47,605,695.00 ₱ 47,605,695.00 1.20% 1.25%
Other noncurrent assets ₱ 30,149,438.00 ₱ 13,816,077.00 0.76% 0.36%
Total Noncurrent Assets ₱ 3,506,221,963.00 ₱ 3,262,205,479.00 88.70% 85.39%
TOTAL ASSETS ₱ 3,953,118,699.00 ₱ 3,820,261,021.00 100.00% 100.00%

LIABILITIES AND EQUITY


Current Liabilities
Accounts payable and ₱ 355,306,220.00 ₱ 280,606,407.00 8.99% 7.35%
accrued expenses
Dividends Payable ₱ 107,787,994.00 ₱ 108,225,615.00 2.73% 2.83%
Income Tax Payable ₱ 2,971,169.00 ₱ 9,953,732.00 0.08% 0.26%
Total Current Liabilities ₱ 466,065,383.00 ₱ 398,785,754.00 11.79% 10.44%

Noncurrent Liabilities
Deferred Tax Liabilities - net ₱ 277,071,817.00 ₱ 242,128,875.00 7.01% 6.34%
Retirement Liability ₱ 84,598,790.00 ₱ 170,302,530.00 2.14% 4.46%
Total Noncurrent Assets ₱ 361,670,607.00 ₱ 412,431,405.00 9.15% 10.80%
TOTAL LIABILITIES ₱ 827,735,990.00 ₱ 811,217,159.00 20.94% 21.23%
Equity
Equity Attributable to Equity
Holders of the University
Capital Stock ₱ 372,414,400.00 ₱ 372,414,400.00 9.42% 9.75%
Additional paid-in capital ₱ 664,056.00 ₱ 664,056.00 0.02% 0.02%
Retained Earnings
Appropriated ₱ 996,000,000.00 ₱ 786,000,000.00 25.20% 20.57%
Unappropriated ₱ 377,500,481.00 ₱ 554,210,386.00 9.55% 14.51%
Revaluation increment ₱ 1,350,002,971.00 ₱ 1,350,002,971.00 34.15% 35.34%
on land - net
Remeasurement gain(loss) ₱ 23,668,534.00 ₱ (56,949,473.00) 0.60% -1.49%
on retirement obligation
Revalutaion reserve on ₱ 100,298.00 ₱ 112,970.00 0.00% 0.00%
available-for-sale investments
₱ 3,120,350,740.00 ₱ 3,006,455,310.00 78.93% 78.70%

Equity Attributable to Non-controlling ₱ 5,031,969.00 ₱ 2,588,552.00 0.13% 0.07%


Interests in Consolidated Subsidiaries
Total Equity ₱ 3,125,382,709.00 ₱ 3,009,043,862.00 79.06% 78.77%
TOTAL LIABILITIES AND EQUITY ₱ 3,953,118,699.00 ₱ 3,820,261,021.00 100.00% 100.00%
FEU
Year 2017 2016 (As Restated) Year 2016
Current Assets ₱ 3,117,484,336.00 ₱ 3,089,868,328.00 ₱ 3,130,507,460.00
Current Liabilities ₱ 1,131,751,896.00 ₱ 724,874,870.00 ₱ 724,874,870.00

Current Ratio 2.75 4.26 4.32

Quick Assets ₱ 822,433,098.00 ₱ 888,889,595.00 ₱ 955,867,524.00


Current Liabilities ₱ 1,131,751,896.00 ₱ 724,874,870.00 ₱ 724,874,870.00

Quick Ratio 0.73 1.23 1.32

Total Liabilities ₱ 2,748,894,753.00 ₱ 2,204,874,870.00 ₱ 1,234,208,017.00


Total Assets ₱ 8,375,404,498.00 ₱ 7,846,818,369.00 ₱ 7,029,073,574.00

Debt Ratio 0.33 0.28 0.18

Total Liabilities ₱ 2,748,894,753.00 ₱ 2,204,874,870.00 ₱ 1,234,208,017.00


Total Equity ₱ 5,626,509,745.00 ₱ 5,641,943,499.00 ₱ 5,794,865,557.00

Debt to Equity Ratio 0.49 0.39 0.21

CEU
Year 2018 Year 2017
Current Assets ₱ 446,896,736.00 ₱ 558,055,542.00
Current Liabilities ₱ 466,065,383.00 ₱ 398,785,754.00

Current Ratio 0.96 1.40

Quick Assets ₱ 411,591,656.00 ₱ 522,836,416.00


Current Liabilities ₱ 466,065,383.00 ₱ 398,785,754.00
Quick Ratio 0.88 1.31

Total Liabilities ₱ 827,735,990.00 ₱ 811,217,159.00


Total Assets ₱ 3,953,118,699.00 ₱ 3,820,261,021.00

Debt Ratio 0.21 0.21

Total Liabilities ₱ 827,735,990.00 ₱ 811,217,159.00


Total Equity ₱ 3,125,382,709.00 ₱ 3,009,043,862.00

Debt to Equity Ratio 0.26 0.27


FEU
Year 2017 2016 (Restated)
Net Operating Income before other income and tax ₱ 232,142,169.00 ₱ (219,978,527.00)
Average Receivables ₱ 423,172,254.00 ₱ 423,172,254.00
Receivables Turnover 0.55 -0.52

Average Receivables PhP 423,172,254.00

365 365 365


Receivables Turnover 0.55 -0.52
Days Receivables 663.64 -701.92

Net Operating Income before other income and tax ₱ 232,142,169.00 ₱ (219,978,527.00)
Net Revenues ₱ 1,738,877,553.00 ₱ 55,168,936.00
Operating Income Margin 0.13 -3.99

Net Operating Income before other income and tax ₱ 232,142,169.00 ₱ (219,978,527.00)
Average Assets ₱ 8,111,111,433.50 ₱ 8,111,111,433.50
Return of Assets 0.03 -0.03

Average Assets ₱ 8,111,111,433.50


CEU
Year 2018 Year 2017
Net Operating Income before other income and tax ₱ 157,537,547.00 ₱ 288,605,389.00
Average Receivables ₱ 104,225,153.00 ₱ 104,225,153.00
Receivables Turnover 1.51 2.77

Average Receivables ₱ 104,225,153.00

365 365 365


Receivables Turnover 1.51 2.77
Days Receivables 241.72 131.77

Net Operating Income before other income and tax ₱ 157,537,547.00 ₱ 288,605,389.00
Net Revenues ₱ 1,414,254,996.00 ₱ 1,580,353,686.00
Operating Income Margin 0.11 0.18

Net Operating Income before other income and tax ₱ 157,537,547.00 ₱ 288,605,389.00
Average Assets ₱ 3,886,689,860.00 ₱ 3,886,689,860.00
Return of Assets 0.04 0.07

Average Assets ₱ 3,886,689,860.00

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