DOCSLIB.ORG

Sustaining Energy 2019 Meralco Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Sustaining Energy 2019 Meralco Annual Report Sustaining Energy 2019 Meralco Annual Report 2019 Reports Meralco Annual Report Meralco Sustainability Report One Meralco Foundation Annual Report Our Cover With the backdrop of a sky at dusk, mother and child admire the view of tree-lined residential houses Meralco is the largest private sector electric distribution utility in the set against a cityscape. Amid this urban growth, Meralco in 2019 embeds sustainability in its business Philippines. It covers 36 cities and 75 municipalities, with a franchise area strategy – with a promise of prosperity and of a planet worth admiring for generations to come. of 9,685 square kilometers. This coverage is just 3% of the land area of the Philippines, but accounts for 55% of the country’s electricity output. Celebrating 117 years of service in 2020, the Company is committed to its record of providing reliable and affordable energy. Our Reports Beginning 2019, Manila Electric Company (Meralco) is providing three annual reports: the first covers the distribution utility and its subsidiaries; the second is its sustainability report; and the third is that of its social development arm, One Meralco Foundation. Sustaining Energy 2019 Meralco Annual Report Sustaining Energy: Sustaining Energy shows Meralco’s transition to renewable energy to better support future generations, and executes a digital transformation to upgrade its systems and operations for greater efficiency and a better customer experience. Sustaining the Future 2019 Meralco Sustainability Report Sustaining the Future: Sustaining the Future maps out Meralco’s sustainability agenda, in the context of the United Nations Sustainable Development Goals. It details the focus on Power, Planet, People, and Prosperity in alignment with Meralco’s business strategy. Sustaining Communities 2019 One Meralco Foundation Annual Report Sustaining Communities: Sustaining Communities presents the accomplishments of One Meralco Foundation on its various community and social development programs on household and school electrification, energy education, environmental sustainability, and responsible citizenship. About this Report This Annual Report presents the accomplishments of the Manila Electric Company (Meralco) and its subsidiaries for 2019 with special emphasis on sustainability. The sustainability agenda has been incorporated into the Company’s core values, operations, workforce, and outreach programs. Focusing on the strategic areas of Power, Planet, People, and Prosperity, the report illustrates Meralco’s commitment to achieve corporate 2019 CONTENTS objectives while transforming operations, improving customer service, protecting the Annual Report environment, and empowering people and communities. 1 Who We Are 2 Contents 4 Financial and Operational Highlights 6 Message from the Chairman, the President and CEO 14 Performance Highlights 16 Business Review 36 Sustainability 42 Corporate Social Responsibility 48 Corporate Governance 72 Board of Directors 78 Corporate Officers 82 Subsidiaries 86 Report of The Audit Committee 88 Statement of Management’s Responsibility for Consolidated Financial Statements 89 Independent Auditor’s Report 93 Consolidated Statements of Financial Position 94 Consolidated Statements of Income 95 Consolidated Statements of Comprehensive Income 96 Consolidated Statements of Changes in Equity 97 Consolidated Statements of Cash Flows 98 Notes to Consolidated Financial Statements 192 Glossary of Terms 194 ISO Certifications 195 Investor Information FINANCIAL AND OPERATIONAL HIGHLIGHTS Financial and Operational Highlights FINANCIAL INFORMATION 2015 2016 2017 2018 2019 (in Million PhP, Except Per Share Data) Revenues Sale of electricity 249,773 249,206 275,172 295,389 310,098 Sale of other services 8,626 7,975 7,384 9,065 8,217 PhP 318.3 B TOTAL 258,399 257,181 282,556 304,454 318,315 Total Revenues Purchased power 192,117 189,853 214,558 232,102 241,032 Operating expenses 24,336 24,935 25,567 25,885 27,195 Depreciation and amortization 6,910 7,312 7,520 7,827 8,730 Interest income, net of interest, and (322) (737) (658) (798) (1,662) financial charges 46,871 GWh 6.9 M Core net income 18,887 19,583 20,213 22,408 23,832 Energy Sales Customer Accounts Reported net income 19,098 19,176 20,384 23,017 23,285 EBITDA 31,124 34,049 34,474 37,165 40,977 Core earnings per share 16.76 17.37 17.93 19.88 21.15 Reported earnings per share 16.94 17.01 18.09 20.42 20.66 PhP 23.8 B Cash dividends declared per common share 15.25 25.08 18.23 13.38 16.06 Market price per share at end of year 320.00 265.00 328.60 380.00 317.00 Core Net Income Utility plant and others 124,913 128,814 133,874 139,846 151,441 Interest-bearing financial liabilities 30,308 40,347 40,256 40,016 41,253 PhP 41.0 B PhP 16.06 Cash Dividends OPERATING INFORMATION 2015 2016 2017 2018 EBITDA 2019 Per Common Share Customer Accounts (in Thousands) Residential 5,296 5,537 5,812 6,086 6,339 Commercial 474 486 500 514 528 Industrial 10 10 10 10 11 Streetlights 4 5 5 5 5 5.54% PhP 23.3 B TOTAL 5,784 6,038 6,327 6,615 6,883 System Loss Reported Net Income Energy Sales (in GWh) Residential 11,121 12,444 13,060 13,555 14,589 Commercial 14,654 15,867 16,597 17,463 18,483 Industrial 11,216 11,697 12,309 13,156 13,659 Streetlights 133 134 136 139 140 TOTAL 37,124 40,142 42,102 44,313 46,871 System Loss (in %) Meralco 6.47 6.35 5.91 5.67 5.54 Clark Electric 4.01 3.59 2.14 2.77 2.15 4 Sustaining Energy 2019 Annual Report 5 MESSAGE FROM THE CHAIRMAN, THE PRESIDENT AND CEO Sustaining Our Commitment To our fellow to Excellence shareholders Meralco’s leadership took a bold new path Sustainability to us means concrete page 30, 2019 Meralco in 2019, advancing the goal of sustainability, actions to: Sustainability and taking the enlightened view of presenting Report the full picture of doing business. This means • Ensure business resiliency Meralco will now report how it contributes to amid the new normal the community and impacts the environment, • Reduce emissions in the same frame as its financial performance. • Promote resource efficiency • Lead world-class waste This is why our 2019 annual report is management practices “Sustaining Energy.” The One Meralco • Power and sustain communities Foundation annual report is “Sustaining Communities,” and our very first sustainability For the distribution utility, 2019 “Sustaining report is “Sustaining the Future.” Energy” means transitioning to renewables, an imperative of our time. We are weaning Our strategic ambitions are now cast wider ourselves out of fossil fuels to renewable with the four (4) focus areas – Power, Planet, energy sources for a future for the People, Prosperity. generations to come. “Sustaining Energy” also means transforming our network into a smart grid, which is more reliable and effective in reducing the POWER frequency and duration of outages. A smart Providing energy for all, grid is at the center of Meralco’s digital always transformation, providing a better customer experience: consumption information is presented online, customers can get budget PLANET alerts, the progress of an outage report may Integrating environmental be tracked, and there are notifications on stewardship to protect and estimated time of restoration. preserve Mother Earth A smart grid also allows the two-way flow needed to accommodate renewable energy, PEOPLE and facilitates both the Energy Efficiency and Cultivating a culture of Conservation Act and the Retail Competition excellence, sustainability, and and Open Access (RCOA). inclusivity Many countries are well on their way in their smart grid journeys, and in cooperation with PROSPERITY our regulator and policy maker, we hope to Creating better lives for all get going faster. “Sustaining Energy” will take Meralco to new paths and we approach with optimism and determination. 6 Sustaining Energy 2019 Annual Report 7 MESSAGE FROM THE CHAIRMAN, THE PRESIDENT AND CEO Our CCNI reached PhP23.8 billion, Achieving a system loss rate 6% higher than the PhP22.4 billion significantly lower than the current 6% ↑ in 2018. Consolidated Reported Net regulatory cap translated to Income stood at PhP23.3 billion, cumulative savings to customers of marginally higher than 2018. Core PhP44.8 billion or an average savings Consolidated Core Net Income Earnings Per Share was PhP21.15 in of PhP0.11 per kWh since 2008. It 2019 while Reported Earnings Per has also enabled Meralco to return PhP 23.8 B Share was PhP20.66. PhP9.0 billion worth of pilferage 2019 recoveries to customers. EBITDA in 2019 rose to 10% to 2018 PhP41.0 billion from PhP37.2 billion Our 8.37 Customer Satisfaction 22.4 B in 2018. EBITDA margin was at 13% Index or CSI matches our all-time on consolidated revenues. high in 2017. Our customers are our reason for being, and we measure Capital Expenditures (CAPEX) customer satisfaction by segment 10% ↑ in 2019 reached PhP20.2 billion, from residential, small and medium Financial and 48% higher than 2018. Aimed enterprises, corporate customers, Operational Results at continuously providing the national government, and local EBITDA 6% ↑ best service, we aggressively government units. We use the implemented projects that enable feedback to refine our operations PhP 41.0 B 2019 was an excellent year, with Consolidated energy sales a more resilient distribution grid to deliver simple, fast, convenient 2019 sales volume and revenues, volume, inclusive of Clark Electric Energy Sales capable of meeting increasing service, and to develop programs consolidated core net income Distribution Corporation (Clark consumer demand, and ensuring and solutions that address our 2018 (CCNI), and operational results Electric), rose to its highest level 46,871 GWh safety and reliability in the customers’ evolving needs. 37.2 B reaching new highs.
Load more

Recommended publications
  • LAGUNA LAKE DEVELOPMENT AUTHORITY National Ecology Center, East Avenue, Diliman, Quezon City Phone Nos
    LAGUNA LAKE DEVELOPMENT AUTHORITY National Ecology Center, East Avenue, Diliman, Quezon City Phone Nos. (02) 8 376-4039, (02) 8 376-4072, (02) 8 376-4044, (02) 8 332-2353, (02) 8 332-2341, (02) 8 376-5430 Locals 115, 116, 117 and look for Ms. Julie Ann G. Blanquisco or Ms. Marivic A. Dela Torre-Santos E-mail: [email protected] | [email protected] Website: http://llda.gov.ph List of APPROVED DISCHARGE PERMITS as of September 03, 2021 Establishment Address Permit No. Approve Date 11 FTC Enterprises, Inc. 236 P. Dela Cruz San Bartolome Quezon City MM DP-25b-2021-03532 August 18, 2021 189 Realty Corp. (CI Market) Qurino Highway Santa Monica, Novaliches Quezon City MM DP-25b-2021-03744 August 20, 2021 189 Realty Corporation - 2nd (CI Market/Commercial Complex) Quirino Highway, Sta. Monica Novaliches Quezon City MM DP-25b-2021-03743 August 20, 2021 21st Century Mouldings Corporation 18 F. Carlos St. cor. Howmart Road Apolonio Samson Quezon City MM DP-25b-2021-03541 August 23, 2021 24K Property Ventures, Inc. (20 Lansbergh Place Condominium) 170 T. Morato Ave. cor. Sct. Castor Sacred Heart Quezon City MM DP-25b-2021-02819 July 15, 2021 3J Foods Corp. Sta. Ana San Pablo City Laguna DP-16d-2021-03174 August 06, 2021 8 Gilmore Place Condominium 8 Gilmore Ave. cor. 1st St. Valencia New Manila Quezon City MM DP-25b-2021-03829 August 27, 2021 AC Technical Services, Inc. 5 RMT Ind`l. Complex Tunasan Muntinlupa City MM DP-23a-2021-01804 May 12, 2021 Ace Roller Manufacturing, Inc.
    [Show full text]
  • Jean Judith Xavier
    Jean Judith Xavier ICACM International Casting & Creative Management Sydney, NSW 2010 Michael Turkic: +61 481 085 972 William Le (text): +61 405 539 752 E: [email protected] W: http://www.icacm.com.au Biography Jean Judith Javier is a singer, musical theatre performer and a film actor, who is unstoppable in bringing her heart to her audience, she draws courage from them. As a soprano, Jean Judith sings for opera and musical theatre but never limits her capacity by performing pieces from world arts songs. As a film actor, her roles are unconventional that manifest her embodied inner strength but mystical persona. She learns how to sing at an early age of nine performing in the church and villages. Coming from a humble beginning, Jean Judith captures the skill of fine singing from her mother and her sensitivity for arts was nurtured by being deeply connected to the expressive musical cultures of the Philippines, her motherland. Her tenacity to work as a full-time actor and the faith she puts to her craft gave her opportunities to perform in cities and provinces in the Philippines and South and East Asian countries like Korea, Indonesia, Macau, Hong Kong, Taiwan and various cities in China. She assumed self-title roles from many original musicales that have had impacted the history of Philippine contemporary theatre. In opera, she played Sisa for “Noli Me Tangere: The Opera”, a difficult role. But her portrayal of the most iconic Philippine fictive character and deranged woman captures her audience giving her standing ovations and critical acclaim from critics.
    [Show full text]
  • Rockwell of Ages DESPITE Its Unassuming Moniker, the Garage in Rockwell Center Is a Hub of Activity, but Not of the Automotive Kind
    MARCH 2013 www.lopezlink.ph See story on page 10 http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph Rockwell of ages DESPITE its unassuming moniker, the Garage in Rockwell Center is a hub of activity, but not of the automotive kind. Prospective sales executives in spiffy business attire wait to be called in for their appointments. Staff in uniform dress shorts and polo shirts flit around preparing the conference rooms and looking after guests. In the inner offices, twentysomethings type away at their computers. Even big boss Miguel L. Lopez, Rockwell Land Corporation senior vice Turn to page 6 Landslide Lea Salonga returns Power Plant Mall is ‘grad central’ …page 3 to TV …page 4 in Leyte …page 12 Lopezlink March 2013 BIZ NEWS NEWS Lopezlink March 2013 At the Pinoy Media Congress Landslide in Leyte FPH to redeem and Students urged to serve, ABS-CBN: GMA’S libel declare cash dividend love country; EL launches case has no basis EDC continues search on preferred shares ABS-CBN Corporation reiterat- THE board of directors of First shares starting on the fifth an- book of speeches ed its stand that the nine-year-old Philippine Holdings Corpora- niversary of the issue date. In his keynote address, EL3 libel case filed by GMA Network tion (FPH) has approved the Additionally, the board also against it has no basis. for missing workers company’s option to redeem approved payment of a cash ABS-CBN chairman Eugenio said the media’s role is to “serve ABS-CBN chairman Eu- A landslide possibly triggered while 10 were taken to the The workers were hired by families of the casualties and all of its 43,000,000 series B dividend on the series B preferred Lopez III (leftmost) with the people no matter what the genio Lopez III (EL3) and preferred shares.
    [Show full text]
  • MAXICARE PRIMA Outpatient Unbundled Product That Has No Age
    MAXICARE PRIMA Outpatient unbundled product that has no age eligibility and application form requirement. The product offers unlimited outpatient consultation and laboratory procedures with additional emergency coverage of up to P20,000. Access will be through Maxicare’s Primary Care Center and MyHealth Clinics nationwide. Prima Gold VARIANTS Php 12, 999 SRP *Prices may be changed at any time without further notice Maximum Benefit Limit N/A Age Qualification 60 years old and above Benefit Description - Unlimited outpatient consultations with Maxicare Primary Care Center Physicians. - Pre- existing conditions are covered. - Coverage for outpatient laboratory and diagnostic procedure requested by Maxicare Primary Care Center physicians e.g. Laboratories (CBC, Urinalysis, Lipid Studies, Glucose, etc.) X-ray tests (Chest, Scoliotic, etc) or see last pages for the complete List of Laboratory & Diagnostic Procedures Additional Benefits -Up to P20,000 annual emergency room coverage for PRIMA GOLD, can be availed at any Maxicare affiliated hospital nationwide. -Avail of the following services for free once within one year in METRODENTAL CLINICS nationwide: o Mild Oral Prophylaxis (Cleaning) o Panoramic X-Ray (Full Mouth) o Dental Consult o Emergency relief of dental pain through medication o Cosmetic/Oral Rehab treatment planning o Dental nutrition and counselling o Dental Health Education o Preparation of dental certificates o Safekeeping of dental records as required by law and/or client 1 Enrollment Eligibility Maximum of One (1) card per member per year. Activation You can use the voucher or electronic card for consultation and laboratory within 24 hours from the registration period. For the emergency coverage of Prima Gold, activation is after 7 days from the date of registration.
    [Show full text]
  • 9M 2019 Results Briefing Reports
    Q1 Q2 Q3 (Amounts in Mln PhP, Except Sales Volume) Q1 2019 Q2 2019 Q3 2019 Q1 2018 Q2 2018 Q3 2018 % Inc (Dec) % Inc (Dec) % Inc (Dec) Sales Volume (GWh) 10,381 12,442 12,182 10,145 11,520 11,256 2% 8% 8% Revenues 75,378 89,575 76,173 70,807 79,737 76,867 6% 12% -1% Electric 73,632 87,635 74,109 69,009 77,894 74,363 7% 13% 0% Distribution 14,273 18,182 16,769 14,081 16,582 15,546 1% 10% 8% Generation and other pass-through 59,359 69,453 57,340 54,928 61,312 58,817 8% 13% -3% Non-electricity 1,746 1,940 2,064 1,798 1,843 2,504 -3% 5% -18% Core Income 5,598 6,719 6,136 4,917 5,934 5,835 14% 13% 5% Reported Income 5,671 6,336 6,314 5,312 6,661 6,239 7% -5% 1% Core EBITDA 8,828 11,051 9,883 8,688 8,897 8,979 2% 24% 10% Reported EBITDA 8,828 11,051 9,883 8,688 8,897 8,979 2% 24% 10% 241,126 241,126 227,411 227,411 Distribution revenues 49,224 46,209 Q3 76,173 76,867 Q2 89,575 79,737 Generation & other pass- 186,152 through charges 175,057 Electricity Revenues = 235,376 = Revenues Electricity Electricity Revenues = 221.266 = Revenues Electricity Q1 75,378 70,807 Non-electricity revenues 5,750 6,145 9M 2019 9M 2018 9M 2019 9M 2018 6,400 9,092 19,346 3% 4% 9% Costs Costs and Expenses 183,355 84% Purchased Power Operating Expenses Depreciation & Amortization Other Expenses 15,701 Others 10,048 Subtransmission & 23% Distribution Facilities 77% Capital Capital Expenditures 9M 2019 9M 2018 12.3% 11.7% 12.3% 11.7% Margins 7.7% 7.3% 7.6% 8.0% 29,762 29,762 26,564 26,564 Q3 9,883 9,883 8,979 8,979 18,453 18,321 18,212 16,686 6,136 6,314 Q2 11,051
    [Show full text]
  • Universal Robina Corporation URC
    CR01981-2016 The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party. Universal Robina Corporation URC PSE Disclosure Form 17-18 - Other SEC Forms/Reports/Requirements Form/Report Type General Information Sheet Report Period/Report Mar 9, 2016 Date Description of the Disclosure Please see attached General Information Sheet for the year 2016 of Universal Robina Corporation. Filed on behalf by: Name Rosalinda Rivera Designation Corporate Secretary COVER SHEET 9 1 7 0 SEC Registration Number U N I V E R S A L R O B I N A C O R P O R A T I O N (Company’s Full Name) 1 1 0 E . R o d r i g u e z A v e n u e , B a g u m b a y a n Q u e z o n C i t y , M e t r o M a n i l a (Business Address: No. Street City/Town/Province) Atty. Rosalinda F. Rivera 633-7631 to 40 Corporate Secretary (Contact Person) (Company Telephone Number) 0 9 3 0 G I S second Wednesday of March Month Day (Form Type) Month Day (Fiscal Year) (Annual Meeting) General Information Sheet for 2016 Issuer of Securities under SEC-BED Order No.
    [Show full text]
  • Sec Form 20-Is
    COVER SHEET 0 0 0 0 0 2 9 3 1 6 S.E.C. Registration Number R O B I N S O N S B A N K C O R P O R A T I O N (Company’s Full Name) 1 7 T H F L R G A L L E R I A C O R P O R A T E C E N T E R E D S A C O R O R T I G A S Q C (Business Address: No. Street City/Town/Province) RHORY F. GO 8702-9500 Contact Person Company Telephone Number 1 2 3 1 20 - IS 0 6 Last Wednesday Month Day Form Type Month Day (Fiscal Year) (Annual Meeting) NONE Secondary License Type, If Applicable Corporate Finance Department Dept. Requiring this Doc. Amended Articles Number/Section Total Amount of Borrowings 15 Total No. of Stockholders Domestic Foreign ----------------------------------------------------------------------------------------------------------------------------------- To be accomplished by SEC Personal concerned File Number LCU Document I.D. Cashier Stamp Remarks: Please use BLACK ink for scanning purpose EXPLANATION OF AGENDA ITEMS FOR STOCKHOLDERS’ MEETING – JUNE 23, 2021 1. Call to Order including the ratification of related party transactions, will be presented to the Mr. Lance Y. Gokongwei, the Chairman of stockholders for their approval and the Board, will be the one to call the ratification. meeting in order. 2. Proof of Due Notice of Meeting Atty. Roel S. Costuna, the Corporate Secretary, will certify the date when the 7. Election of the Board of Directors for the written notice with the corresponding Ensuing Term (2021-2022) statement were sent to the stockholders of record as of May 27, 2021.
    [Show full text]
  • Metro Manila Market Update Q4 2018
    RESEARCH METRO MANILA MARKET UPDATE Q4 2018 METRO MANILA REAL ESTATE SECTOR REVIEW FDI RISES AS NEIGHBORING COUNTRIES CONTINUE TO BET ON “ASIA’S RISING TIGER” COVER | The Philippines remains a popular investment destination for Asian investors FIGURE 1 Net Foreign Direct Investment Level By Country of Origin (in USD Mn) 905.65 SNAPSHOTS 900 750 2017 2018 Economic Indicators 600 450 384.25 263.97 300 189.33 183.51 64.4 150 13.25 8.56 6.1% 0 GDP SINGAPORE HONGKONG CHINA JAPAN Q4 2018 Source: Bangko Sentral ng Pilipinas The Philippines continues to attract Foreign Direct Investments (FDI) as formulates policies that will limit the economy carries on constraints in doing business in the experiencing growth of above 6% 6.1% country. On October 2018, the 11th Inflation Rate for the past 7 consecutive years. Regular Foreign Investment December 2018 The growth was mainly brought Negative List was amended to about by the increase in include five areas that will allow government spending from the 100% foreign investment present administration’s “Build, participation. The list includes Build, Build” infrastructure program. internet businesses (as excluded from mass media), teaching at 3.1% At the end of 2017, the Philippines higher education levels provided the OFW Remittances posted the highest rise in Foreign subject being taught is not a November 2018 Direct Investments (FDI) among professional subject (i.e., included in a government board or bar ASEAN countries. FDI remains examination), training centers that robust as investments increased by are engaged in short-term high- 42% in the first half of 2018.
    [Show full text]
  • ADDITIONAL REVENUE STREAMS for SERVICE PROVIDERS USING GPON Fttx SOLUTIONS
    Addition Revenue Streams for Service Providers Using GPON Solutions Reggie A. Posadas BSEE MSIEM MSECE Philippine Country Manager YFC-BONEAGLE International Inc., ADDITIONAL REVENUE STREAMS FOR SERVICE PROVIDERS USING GPON FTTx SOLUTIONS Reggie A. Posadas BSEE MS IEM MS ECE Country Manager, Philippines YFC-BONEAGLE INTERNATIONAL, INC. ADDITIONAL REVENUE STREAMS FOR SERVICE PROVIDERS USING GPON FTTx SOLUTIONS Lecture Outline : 1. Introduction to GPON FTTx Cabling 2. GPON FTTx Cabling Architecture 3. GPON Business Models 4. Sample Additional Revenue Streams Thru GPON FTTx 5. Sample Project/s ADDITIONAL REVENUE STREAMS FOR SERVICE PROVIDERS USING GPON FTTx SOLUTIONS Introduction to GPON FTTx Cabling GPON OVERVIEW PON/GPON grew from a requirement for more bandwidth in the Service Provider Market. (Higher access speeds than DSL could deliver) More Bandwidth (2.5G Downstream and 1.2G Upstream) – Higher Subscriber density – Best replacement for aging copper / coax infrastructure – Environmentally friendly - green – Reduce power and TCO (Total Cost of Ownership) • Long term life expectancy of the fiber infrastructure • Lower capital expenditures, since AN eqpt. and components are considerably reduced and/or completely excluded in the FTTx network • Lower operating costs through reduction of active components, support for greater distances between equipment nodes • Reduced re-occurring operating and maintenance costs ADDITIONAL REVENUE STREAMS FOR SERVICE PROVIDERS USING GPON FTTx SOLUTIONS Introduction to GPON FTTx Cabling GPON OVERVIEW • The
    [Show full text]
  • 'Bro' Takes Center Stage in 'Kapamilya' Christmas
    Dec ‘09-Jan ‘10 Available online at www.Lopezlink.ph Season’s greetings from OML, MML and EL3…page 5 ‘Bro’ takes center stage in ‘Kapamilya’ Christmas Q3 financial results PASKO na, Kapamilya! ing Marketing’s company-wide Christmas ABS-CBN EBITDA You know it’s Christmas when décor in the tree lighting activity, Licensing’s Parol season’s colors start popping up on major thor- ni Bro, CCM’s tagline and station ID, reaches P5B...p.2 oughfares and the mall muzak is interspersed a Christmas bazaar and the Win sa with carols. And, for kapamilyas all over the world, Bituin viewers’ promo—into one Christmas is definitely around the corner when big campaign. the station ID featuring their favorite The core idea, in the beginning, singers, actors and other media personali- was simply to boost employee ties starts getting airplay on Channel 2. morale in the midst of the global For Christmas 2009, ABS-CBN came economic crisis and unite every- up with “Bro, Ikaw ang Star ng Pasko,” one in a ceremonial Christmas a “back-to-basics” campaign centered tree lighting ceremony. How- on “Bro,” as the child Santino calls Jesus ever, the idea was scrapped when Christ in the network’s sleeper hit “May they realized that there are “so many Bukas Pa.” Christmas tree lighting The campaign kicked off on Nov. events.” 4 with the launch of the Christmas station ID, and the lighting of an 18-foot parol led by ABS-CBN chairman Eugenio “Gabby” Lopez III, presi- dent Charo Santos-Concio and “ S o FPHC grants call other executives, and Kapamilya we said, why not talents, including Santino him- go back to the on half its Meralco self, Zaijian Jaranilla.
    [Show full text]
  • Quarter IV: 20Th and 21St CENTURY MULTIMEDIA FORMS
    DOWNLOAD K-12 MATERIALS AT DEPED TAMBAYAN 20th and 21st Century Multimedia Forms richardrrr.blogspot.com Quarter IV: 20th AND 21st CENTURY MULTIMEDIA FORMS CONTENT STANDARDS The learner demonstrates understanding of... 1. Characteristic features of 20th and 21st century opera, musical play, ballet, and other multi-media forms. 2. The relationship among music, technology, and media. PERFORMANCE STANDARDS The learner... 1. Performs selections from musical plays, ballet, and opera in a satisfactory level of performance. 2. Creates a musical work, using media and technology. DEPEDLEARNING COMPETENCIES COPY The learner... 1. Describes how an idea or story in a musical play is presented in a live performance or video. 2. Explains how theatrical elements in a selected part of a musical play are combined with music and media to achieve certain effects. 3. Sings selections from musical plays and opera expressively. 4. Creates/improvises appropriate sounds, music, gestures, movements, and costumes using media and technology for a selected part of a musical play. 5. Presents an excerpt from a 20th or 21st century Philippine musical and highlights its similarities and differences to other Western musical p l a y s . From the Department of Education curriculum for MUSIC Grade 10 (2014) 141 All rights reserved. No part of this material may be reproduced or transmitted in any form or by any means - electronic or mechanical including photocopying without written permission from the DepEd Central Office. MUSIC Quarter IV OPERA IN THE PHILIPPINES he emergence of the Filipino opera started to take shape during the middle part of Tthe 19th century. Foreign performers, including instrumental virtuosi, as well as opera singers and Spanish zarzuela performers came to the country to perform for enthusiastic audiences.
    [Show full text]
  • Club Intramuros Golf Course
    ClubClub IntramurosIntramuros GolfGolf CourseCourse BonifacioBonifacio Drive,Drive, Intramuros,Intramuros, ManilaManila The golf course is stretched on a prime parcel of land bounded on the West by Roxas Blvd., from Del Pan Bridge to Manila Hotel; on the East by P. Burgos, from the Manila City Hall to Roxas Boulevard; and on the North to Northwest by the walls of Intramuros, from Del Pan Bridge to the Manila Bulletin Building. It is adjacent to the historic Fort Santiago, Letran College and the Port Area. Competitive Advantages: v Unique - This is the only day & night golf course; it can host weddings, parties and seminars. v Historical - It is set amidst the old Spanish walled city of Intramuros, with the San Agustin Church and Manila Cathedral providing a scenic backdrop. v Accessibility – It is located right in the heart of the City of Manila. v Environmentally friendly – the planning and development of the golf course improved the scenery due to the additional trees planted within and outside the property and fresh water from the lagoon is used to irrigate the golf course. Mode of Privatization: Lease/Management Contract Total Land Area: 233,600 sqm Status: Operational Legal Bases: PD 1763 TIEZA Business Development Department Tourism Infrastructure & Enterprise Zone Authority 142 Amorsolo St. Legaspi Village Makati Contact no. 831-0811 Facilities: Par 66, 18-hole Day & Night Golf Course Driving Range Practice Green Main Club Verandah Restaurant Main Dining Room (A/C – 70 pax) Function Room (A,B & C - 150 pax) Executive Lounge VIP Room Locker Room (male & female) Roof Deck (Open Air, (300 – 400 pax) Male / Female Comfort Room Administration Offices 19th Hole Bar & Restaurant Utilities: A.
    [Show full text]