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Manila Electric Company  The Manila Electric Company, or Meralco, is the Philippines' largest distributor of electrical  power. The company holds the power distribution franchise for some 22 cities and 8 municipalities, including the capital city of Manila, as well as for the cities of !an "uan, #as Pi$as, %ue&on, Malabon, Maati, Caloocan, Pasay, Mandaluyong, Parana(ue, and )a*otas. Meralco's 2+year franchise for these marets, awarded in 2--, gi*es the company control of the energy distribution ser*ices for an area of more than . thousand s(uare ilometers and a  population of more than /.0 milliononefourth of the Philippines' total populati on. The company boasts a co*erage rate of more than 0 percent, the highest in the country. Each year, Meralco sells more than 2 million megawatthours 1M34, with residential and commercial sales each contributing roughly + percent, and industrial sales adding - percent. 5ormerly a  power producer, Meralco purchases its power r e(uirements primarily from go*ernmentowned  )ational Power Corporation6 since the beginning of the 2---s, howe*er, the company has begun to purchase electricity from a number of newly established independent power producers, helping to lower its prices. Meralco also has started to di*ersify its operations in response to the deregulation of the Philippines power industry by e7tending into power generation, industrial construction and engineering, and other areas, including real estate de*elopment, ecommerce, and consultancy ser*ices. Meralco is led by Chairman and CE Manuel M. #ope&, whose family, through direct and indirect holdings, retains control of some 2+ percent of the compan y. The #ope& family, one of the country's most prominent, also controls conglomerate  9enpres 3oldings and other businesses.

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Manila Electric Company

  The Manila Electric Company, or Meralco, is the Philippines' largest distributor of electrical

 power. The company holds the power distribution franchise for some 22 cities and 8

municipalities, including the capital city of Manila, as well as for the cities of !an "uan, #as

Pi$as, %ue&on, Malabon, Maati, Caloocan, Pasay, Mandaluyong, Parana(ue, and )a*otas.

Meralco's 2+year franchise for these marets, awarded in 2--, gi*es the company control of

the energy distribution ser*ices for an area of more than . thousand s(uare ilometers and a

 population of more than /.0 milliononefourth of the Philippines' total population. The

company boasts a co*erage rate of more than 0 percent, the highest in the country. Each year,

Meralco sells more than 2 million megawatthours 1M34, with residential and commercial

sales each contributing roughly + percent, and industrial sales adding - percent. 5ormerly a

 power producer, Meralco purchases its power re(uirements primarily from go*ernmentowned

 )ational Power Corporation6 since the beginning of the 2---s, howe*er, the company has begun

to purchase electricity from a number of newly established independent power producers,

helping to lower its prices. Meralco also has started to di*ersify its operations in response to

the deregulation of the Philippines power industry by e7tending into power generation, industrial

construction and engineering, and other areas, including real estate de*elopment, ecommerce,

and consultancy ser*ices. Meralco is led by Chairman and CE Manuel M. #ope&, whose

family, through direct and indirect holdings, retains control of some 2+ percent of the company.

The #ope& family, one of the country's most prominent, also controls conglomerate 9enpres

3oldings and other businesses.

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Philippine Long Distance Telephone Company

P#:T is the leading telecommunications and digital ser*ices pro*ider in the Philippines.

Through its principal business groups ; fi7ed line, wireless and others ; P#:T offers a wide

range of telecommunications and digital ser*ices across the Philippines< most e7tensi*e fiber

optic bacbone, and fi7ed line and cellular networs.

P#:T is listed on the Philippine !toc E7change 1P!E=TE#4 and its >merican :epositary !hares

are listed on the )ew ?or !toc E7change 1)?!E=P3@4. P#:T has one of the largest maret

capitali&ations among Philippine listed companies.

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Soriano, Nicole Anne C.

 RIZAL-AR59

Develop your own philosophical perspectives

SOCIAL – the society has a big contribution on how we deals with the

 people in our daily li*es.

POLITICAL – politics is the one responsible for the unity of our

country.

ECOOMIC –  it helps our society to become ci*ili&ed.

ED!CATIOAL" the purpose of education is to de*elop our sills and

talents as well.

ET#ICAL$MO%AL –  always do the right so you ha*e no regret. 9e

good to e*eryone.

%ELI&IO!S –   the importance of ha*ing faith is to guide us to be a

 better person.

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Consolidated Statements of Financial Po

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Consolidated Statements of Financial Position

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Consolidated Statements o

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Consolidated Statements of Comprehensive Income

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Consolidated Statements of Change

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Consolidated Statements of Cash Flows

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Consolidated Statements o

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!oriano, )icole >nne C.

T%M ; 5M-0

!mart Communications, @nc. 1!mart4 is the Philippines' leading wireless ser*ices pro*ider with

+A million subscribers on its B!M networ as of endMarch 2-/+. !mart has built a reputation

for inno*ation, ha*ing introduced worldfirst wireless offerings such as !mart Money, !mart

#oad, !mart Padala, and the )etphone. !mart offers B, 3!P>, and #TE ser*ices, while its

satellite ser*ice !mart #in pro*ides communications to the global maritime industry. !mart

9roadband, @nc., a whollyowned subsidiary, offers a wireless broadband ser*ice, !mart

9roadband, with 2.D million subscribers.

!mart is a wholly owned subsidiary of the Philippines' leading telecommunications carrier, the

Philippine #ong :istance Telephone Company. 5or more information, *isit

http=www.smart.com.ph.

SPINNR, the Philippines’ first-ever msic streamin! service po"ere# $% "ireless services lea#er

Smart Commnications, Inc. &Smart', "as recentl% reco!ni(e# for $ein! the )*est Content

Service+ in Asia #rin! the recent Asia Commnication A"ar#s &ACA' /.

 PINNR Pro#ct 0ana!er Lcille 1an! receives the )*est Content Service+ a"ar# for SPINNR#rin! the Asia Commnication A"ar#s ceremon% hel# at the Conra# Centennial 2otel in

Sin!apore last 3ne 9, /.

9arely a year old, !P@))F was deemed the most outstanding entry by a mobile networ in the9est Content !er*ice category for >C> 2-/A, which recogni&ed the best contentbased ser*ice

that addresses demand for content ser*ice needs of its endusers.

!P@))F is a homegrown 5ilipino music portal and mobile streaming ser*ice that enables !mart,

Tal G) Te7t, and !un Cellular subscribers to download and stream millions of songs for as lowas P2.+- per day or PA a month without additional data charges.

He are honored to recei*e the 9est Content !er*ice award from the >C>, which reaffirms ourcommitment to deli*ering uni(ue, rele*ant, and affordable ser*ices lie !P@))F to millions of

subscribers nationwide,H said Mellissa #imcaoco, @nno*ation and Product :e*elopment 3ead at!mart. Iith this recognition, !P@))F subscribers can e7pect more e7citing inno*ations and

e7clusi*e pers that will deli*er on our promise to pro*ide the total music e7perience to all our

users.J

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'est"value music service

!ince its launch in ctober 2-/, !P@))F has re*olutioni&ed the music consumption habits of5ilipinos nationwide by introducing music streaming to the mainstream maret through its *ery

affordable pacage offers.

>t the price of Kust about two !M! per day, 5ilipinos now ha*e access to a *ast collection ofmusic tracs that they can stream to their smartphones *ia the i! and >ndroid apps and *ia the

eb throughwww.spinnr.ph.

I"ust a few years ago, music streaming was not a familiar concept among most 5ilipino music

lo*ers. ith !P@))F, !mart has pa*ed the way for more fans to affordably enKoy musicanytime, anywhere without worrying about the limited storage space on their mobile de*ices,J

#imcaoco added.

>ccording to a recent sur*ey by 9ostonbased mobile technology firm ">)>, !P@))F is the

most preferred music streaming ser*ice in the Philippines with 2L of sur*ey respondentssaying they use the app to listen to music on their smartphones.

9ut more than pro*iding affordable music streaming to users, !P@))F also brings fans closer totheir music idols by bringing the world<s best musical acts to the country, including the lies of

Fihanna, neFepublic, the Fed 3ot Chili Peppers and, most recently, Brammy >wardinningCountry Pop !inger Taylor !wift.

Through these concert e*ents, fans are able to get rare and soughtafter merchandise of their

fa*orite acts and e*en get the chance to meet and greet them in person, all because of !P@))F.

5ans can e*en e7tend these e7periences by downloading the songs, *iewing e7clusi*e *ideos,and e*en maing the songs as their phone<s ringbac tunes through !P@))F.

rgani&ed annually by #ondonbased industry publication Total Telecom, the >C> recogni&es

outstanding performance by >sian carriers, multimedia content pro*iders, *endors, and othercommunication ser*ice pro*iders.

:uring the >C> awarding ceremony held last "une /, !mart also bagged the 9est Place to or 

award, which was based on the results of a sur*ey conducted by the >C> among employees of

different companies in the region.