April 2017 the Essence of ABS-CBN
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APRIL 2017 www.lopezlink.ph Happy birthday to our chairman emeritus Oscar M. Lopez! http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph The essence of ABS-CBN ABS-CBN will be launching a new campaign that pays tribute to the loving nature and resilience of the Filipino people. It shows how the Kapamilya network continues to evolve while remaining one at heart with Filipinos, in every triumph and trial they go through in their lives, wherever in the world they may be. Turn to page 6 Martin Vargas, A hearty Our 2016 financial results …page 2 the artistic Lopez …page 9 …pagesummer 12 Lopezlink April 2017 Biz News Lopezlink April 2017 Record year for ABS-CBN as First Gen posts 19% higher attributable Sec. GL@DENR Judy Ann is SKYdirect’s net income at $200M GL: Involve stakeholders, include econ rehab DENR Secretary Gina Lo- the Philippines, Department show-cause orders in Febru- net income hits P.55B FIRST Gen Corporation re- accounted for $827 million, or $14 million. newest brand ambassador pez credited the department’s of Labor and Employment ary. ported net income attributable 53% of First Gen’s total con- On a recurring basis, First ABS-CBN Corporation report- “Our continued strong lead- Cost and expenses were up string of successes in environ- (DOLE), Department of So- “In the last two months, JUDY Ann Santos-Agoncillo mo makikita kung paano nagbo- to equity holders of the parent solidated revenues. San Gabriel Gen’s attributable net income ed P41.6 billion in consolidated ership in national audience only 6% last year. In particular, mental protection to a “multi- cial Welfare and Development the DENR has worked with is the newest brand ambassador bond, kung paano nagkakaroon of $200 million for 2016. This recorded $36 million of income for 2016 was flat at $162 mil- revenue for 2016, bringing its share was also a key contribu- ABS-CBN reduced expenses stakeholder approach” that (DSWD) and affected local closed mine communities to of SKYdirect, SKY’s direct-to- ng closeness ang mga bata sa mga was a 19% or a $32 million in- from delay liquidated damages lion. net income to P3.5 billion, 39% tor to our record performance by about 4% on a per-hour ba- includes not only strict imple- government units. Its func- find sustainable solutions that home TV service. magulang nila. Dapat magulang crease from the $167 million it that was partially offset by ex- “Though 2016 was a year not higher than the P2.5 billion re- because improved ratings now sis compared to 2015. mentation but post-enforce- tions include investigation, balance livelihood and ecolog- “If you follow Judy Ann on ang sumasagot sa mga tanong ng made in 2015. penses, while the Avion Peak- without its challenges, it was ported in 2015. translate to increased revenues,” Total assets rose to P72.7 bil- ment rehabilitation. enforcement, prosecution and ical protection. In CARAGA, social media, you will discover mga anak,” the new SKYdirect The San Gabriel Flex Plant ing Plant generated commis- also the year First Gen achieved “We are very pleased to have said Cerrado. “We have also lion as of end-December 2016 “We involve as many agen- rehabilitation. for instance, we have allocated she is a multifaceted woman. brand ambassador said. and Energy Development Cor- sioning income in 2016. The its highest net income. We are exceeded our earnings guidance been able to manage our costs compared to P69.9 billion in cies as possible. We do not The task force’s latest op- P4 billion and sought the as- She’s not only a devoted mother She added that when poration’s (EDC) 140-mega- earnings contribution from the optimistic that this trend will for 2016,” said ABS-CBN chief and expenses efficiently.” 2015. The company’s equity base stop at just going after logging eration involved the recent sistance of 11 line agencies and an award-winning actress, her children ask questions watt (MW) Bacman geother- natural gas portfolio increased continue with the addition of financial officer (CFO) Aldrin Based on Kantar Media na- increased to P31.7 billion as of and mining violators. The de- confiscation of close to 29,000 to raise incomes for 30,000 she also does a lot of fitness based on the TV shows mal plant booked nonrecurring by $21 million to $142 million our two newest natural gas- Cerrado. “Full year growth in tional TV ratings covering both the end of December 2016. partment goes a step further board feet of illegally-cut logs households.” activities, she cooks, she travels they watch together, she income in 2016. Moreover, in 2016. fired plants—the 414-MW advertising revenues, boosted urban and rural homes, the top ABS-CBN Group CFO Ron and creates livelihood oppor- in Bulacan at the Angat Wa- Lopez dispelled reports that all over the country, has vari- and husband Ryan strive EDC and First Gen Hydro FG Hydro showed a growth San Gabriel Flex Plant and by election-related spending, 10 programs for 2016 for free- Valdueza said: “We are also ex- tunities to those displaced by tershed area. Earlier successes she was not consulting other ous advocacies and interactions to answer the questions Power Corporation both deliv- in revenues of $7 million for the 97-MW Avion Peaking was about 11%.” to-air television were all pro- tremely happy with the perfor- our closures and suspension mainly in Mindanao netted government agencies. with different groups of people honestly and accurately. ered higher earnings that were 2016 versus 2015’s $42 million Plant—that will deliver full- ABS-CBN adopted the cost duced by ABS-CBN. mance of our subsidiaries last orders,” Lopez revealed in a illegal loggers in Agusan del “We’re working with in a very real way. These quali- “…We actually love that supplemented by cost-saving due to the higher dispatch of its year operations this year, along- per individual rating point pric- The company’s rollout of its year. The healthy growth in our message. Sur, Zamboanga del Norte DOLE and DOT [Depart- ties make her the perfect am- they ask us questions kasi na- initiatives throughout the com- power plants and higher ancil- side marked improvements in ing or CPIRP scheme in 2015, digital terrestrial television or advertising revenues coupled The DENR created the and Compostela Valley. ment of Tourism] for ecotour- bassador of the brand—some- giging honest at totoo ang mga pany. lary service sales. Consequently, the operations of EDC’s 100% which rewards the company for DTT helped boost audience with the accomplishments of our National Anti-Environmental “Just as important, we fol- ism initiatives. The DSWD is one very authentic and down bata sa ’yo, at nakikita namin the family. While providing en- The 1,000-MW Santa Rita the attributable earnings con- renewable portfolio,” First Gen an increase in ratings. The year share with over 2.3 million different business units enabled Crime Task Force (NAECTF) low the principle that without helping with social safety nets. to earth and yet aspirational at kung ano yung interests nila. tertainment, these shows also en- and the 500-MW San Lorenzo tribution of FG Hydro was president and COO Francis 2016 was its first full year of boxes sold as of the end of De- us to deliver record earnings per- last August 2017 with the rehabilitation and economic We’re translating our concern the same time,” Claudia Suarez, So it helps us determine what hance their home life by providing natural gas-fired power plants higher by $5 million, or 60% at Giles Puno said. implementation. cember 2016. formance for ABS-CBN.” mandate of targeting what alternatives, we cannot im- for the environment with SKY head for consumer prod- programs to encourage them to the whole family opportunities to Lopez termed “environmental prove the lives of affected workable solutions that ben- uct business, said. watch,” Santos added. bond while watching their favor- offenders.” communities and lift them efit local communities. In an interview, the Kapami- She also shared that SKY- ite shows together, or by allowing ABS-CBN IWD 2017 NAECTF is a joint effort from dependency on extrac- “Our critics focus on sup- lya star explained the important direct for her is all about em- individual members to enjoy their ABS-CBN widens lead between the DENR, Depart- tive activities such as mining,” posed lack of due process. We role of television in keeping her powering Filipinos to have ac- preferred programs. TVplus EDC fetes women (and some men, too!) ment of Justice, Department the DENR chief emphasized. focus on sustainability and family’s relationship strong. cess to premium content at an Exclusive channels available in nationwide ratings By Reggie Baticulon and Gerbs de Castro of the Interior and Local The DENR ordered the economic upliftment,” Lopez “It’s a big factor na when affordable price. across SKYdirect prepaid and boosts Government, Philippine Na- closure of 23 mines, while 75 explained. (Excerpted from your children watch television, “Simula pa lang, SKY sub- postpaid plans include S+A ABS-CBN increased its lead p.m.) with 39% versus GMA’s ENERGY Development tional Police, Armed Forces of mining agreements were given denr.gov.ph) nandoon ang parents. Kasi doon scribers na talaga kami. Since I HD, ABS-CBN Regional, over rival GMA Network in 33%, noontime (12 p.m. to 3 p.m.) ABS-CBN’S Corporation (EDC) held its have been a Kapamilya from the ANC, Cinema One, MYX, March, maintaining its status as with 47% versus GMA’s 34% and very beginning, I also believe Lifestyle, Jeepney TV, DZMM first-ever celebration of Inter- better not just by providing ul- the most watched TV network in the afternoon (3 p.m.