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Lopez Group 2013 Financial Results …Page 2 a Mother Lode ABS-CBN MAY 2014 www.lopezlink.ph Win an ABS- CBN Mobile LG phone! Turn to page 5. http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph Happening on May 4! Lopez Museum gets complicated THESE days you can find Michael Jackson and his four doppelgangers hanging out at the Lopez Memorial Museum and Library, holding up a water hose and getting ready for a wash. An Asian Statue of Liberty is also lying about, proclaiming “It’s more fun in the Philippines.” Turn to page 6 GRAPHIC BY ERIC AGONCILLO AMBATA ABS-CBN wins A mother lode Lopez Group 2013 big at KBP Golden financial results…page 2 of treats…page 12 Dove Awards…page 4 Lopezlink May 2014 Biz News Biz News Lopezlink May 2014 2013 FINANCIAL RESULTS Dispatch from Japan Lopez Holdings attributable ABS-CBN president TOTAL REVENUES Net INCOME/(Loss) Pinoy NDA grad pays courtesy call on AMML net income at P1.94B 2012 2013 % change 2012 2013 % change ippines before AMML. He will be joining the Philippine named Woman of the Year LOPEZ Holdings reported the San Lorenzo Power Plant’s FPH reported a 6% de- ABS-CBN P28.984B P33.378 B +15 P1.581B P2.146B +36 Army upon his return to the P1.943 billion in net income main transformer in May 2013, crease in revenues and a 60% Lopez Holdings P100.731B* P94.624 B -6 P4.294B** P1.943B -55 ABS-CBN president and Uniqlo operator Fast Retailing Stevie win- Philippines. CEO Charo Santos-Concio Co. for Japan, Hyundai Steel for ners from attributable to equity holders of halving its production until decrease in attributable income, EDC P28.369B P25.656 B -10 P9.002B P4.740B -47 Degojas spent a year in the will receive the Woman of the South Korea, MCI for Australia a m o n g the parent in 2013. This is 55% the transformer was replaced due also largely to the absence First Gen $2.060B $1.905B -8 $189.8M $118.1M -38 PMA as a plebe before being lower than the P4.294B in net before the end of 2013. of extraordinary gains, while Year award for the Philippines and Delta Airline for Singapore the Gold FPH P99.794B P93.412B -6 P16.362B** P6.554B -60 sent to Japan’s national mili- at the prestigious Asia-Pacific are among the top Asia-Pacific winners in income attributable to equity “The decision of FPH unit ABS-CBN reported a 15% ROCK P6.842B P7.830 B +14 P1.123B P1.402B +25 tary academy in 2009. holders of the parent in 2012, as First Gen Corporation to fly in increase in revenues and a 36% Stevie Awards in Seoul. companies that will also receive early May Every year, the Japanese ABS-CBN was also named Gold Stevie Awards. and will be restated. This was primarily due the replacement transformer, increase in attributable income government accepts selected to the absence of one-off gains. even if it required hiring the (see separate stories on this page). *Net income/(Loss) attributable to equity holders of the parent the Gold Stevie Award winner More than 300 nomina- announced PMA cadets to study at the in the Services Company of the tions from organizations across a t To recall, subsidiary First world’s largest aircraft, showed its Among FPH units, First **Restated due to change in applicable accounting rules NDA as full scholars under Year- Philippines category. the Asia-Pacific region Philippine Holdings Corpora- solid commitment to providing Gen Corporation reported an ***Includes P6.084B gain on sale of Meralco shares, P2.136B gain related to business combination (Rock- the academy’s five-year ca- tion (FPH) sold a 2.66% stake sufficient, safe and reliable elec- 8% drop in revenues and a 28% PHOTO BY: BD LAO The awards will be pre- were considered this well) and P4.012B loss on impairment mostly for photovoltaic affiliates under arbitration detship program for foreign (30 million shares) in Meralco in tricity to its customers. Mean- decline in attributable income Ambassador Manuel M. Lopez (left) administers the oath of office to sented to the winners at a gala year in 18 categories 2Lt. Degojas at the Philippine Embassy students. January 2012 and recorded a gain while, ABS-CBN Corporation while Rockwell Land reported banquet at the Lotte Hotel in including Customer Service the banquet in Seoul. The training and exchange Seoul on May 30, 2014. Leader of the Year, Exporter of Aside from ABS-CBN, on business combination follow- reported strong revenues from 14% and 25% increases in rev- A Philippine Military Acad- Lopez (AMML) at the Phil- of military officers and per- ing the listing of Rockwell Land both regular and election-advo- enues and attributable income, ABS-CBN reports 36% jump The Asia-Pacific Stevie the Year, Fastest-Growing Com- Globe Telecom was the only emy (PMA) cadet who be- ippine embassy in Japan. sonnel is a vital component Corporation in May 2012. cacy advertising in 2013, which respectively. First Gen unit En- Awards are the first business pany of the Year and Woman of other Philippine company to came the fourth Filipino to Stephen Degojas, who of the strategic partnership awards program to recognize the Year, among others. receive a Gold Stevie Award, Consolidated revenues de- was a midterm election year. We ergy Development Corporation graduate from the National graduated from the NDA in between the Philippines and creased by 6% year on year to expect stable operations from (EDC) reported 10% and 47% in attributable net income achievement in business in all Gold, Silver and Bronze for Customer Service Leader of Defense Academy (NDA) March, took his oath of office Japan in the defense and po- P94.624B from P100.731B (as 22 nations of the Asia-Pacific Stevie Award winners were se- the Year (All Other Nations), as both FPH and ABS-CBN this decreases in revenues and attrib- ABS-CBN Corporation re- tives within the company to be share cash dividend, payable to recently paid a courtesy call as a second lieutenant of the litical-security arena. (Source: restated), following declines in region. lected by more than 50 execu- well as New Consumer Product year, before their investments utable income, respectively. Full ported a 36% increase in net more cost efficient,” said chief shareholders on May 7, 2014. on Ambassador Manuel M. Armed Forces of the Phil- tokyo.philembassy.net) the sale of electricity (-8%) and The Stevie Awards are tives from around the world. of the Year (All Other Nations) in new ventures gain traction in stories on the 2013 financial per- income attributable to equity financial officer (CFO) Aldrin “I believe our company is in the sale of merchandise (- widely considered as the world’s A second international panel for its Globe Prepaid Gosakto. 2015 to 2016,” said Lopez Hold- formance of First Gen, Rockwell holders of the parent for 2013 Cerrado. on a solid growth path and I 61%) by FPH. A fire damaged premier business awards. of judges will choose five Grand (Source: abs-cbnnews.com) ings president, chief operating Land and EDC were published of P2.146 billion, compared The company reported that am extremely excited about officer and chief finance officer in the April 2014 issue of Lope- to P1.581B for 2012. The costs and expenses rose 11%, our prospects for the coming Save the date Salvador G. Tirona. zLink. (Carla Paras-Sison) The Rockwell Primaries May 6: company’s strong perfor- slower than the 15% revenue few years,” Valdueza added. EDC annual meeting, mance came on the back of growth rate for the year. International brokerage FPIP’s 92-ha expansion Rockwell Tent, 10am May 1: a 15% rise in net revenues of Total assets rose to firms, including Deutsche community comes together First Gen annual FPH posts attributable P33.4B, compared to P28.9B P57.99B from P51.3B in Regis, Credit Lyonnais and meeting, Rockwell Tent, 10am IN line with Rockwell Prima- courtesy of Power Plant Mall. ences for them in the future. May 14: for the previous year. 2012, while its equity base Maybank ATR Kim Eng, gets gov’t green light ABS-CBN annual ries’ commitment to building These are only the first of many We will continue to create the net income of P2.4B “Our company’s solid finan- rose from P19.4B in 2012 to have included ABS-CBN meeting, Dolphy Theater, 8am close-knit, exclusive and safe such neighborhood events that Rockwell lifestyle exclusive to THE 92-hectare expansion FPIP president Edwin Co- investing over P1 billion in three May 6: cial performance for 2013 was P25.9B in 2013. in their research coverage FPH annual meet- FIRST Philippine Holdings The decrease is mainly due to communities reflective of the Rockwell Primaries will have the budding 53 Benitez com- project of First Philippine Seteng said the expansion will in- years to develop the expansion. boosted by our dominance in Rolando Valdueza, head of and are positive about the ing, Rockwell Tent, 10am Corporation (FPH) reported the absence of the gain on sale coveted Rockwell lifestyle and for its new community. munity even after they have Industrial Park Inc. (FPIP) crease the industrial park’s area to This will cover building roads May 7: national ratings which allowed Corporate Services Group 2 company’s future prospects. Meralco annual meet- net income attributable to of Meralco shares as well as the experience, 53 Benitez residents “We will continue to gather purchased their units from us,” in Santo Tomas, Batangas 442 hectares, from 350 hectares.
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