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June 2009 With a year to go before the May 2010 elections, ABS-CBN launches Available online at www.Lopezlink.ph Story on page 9 Meralco manage- ment buo pa rin...p.2 Studio Tours: Walking the talk ABS-CBN’s Studio Tours and Museum Walk department is abuzz group’s 1969 “Man on the Moon” broadcast; and the Kris Aquino with activity when LopezLink drops in one afternoon. In a corner starrer “Feng Shui.” A small preview room gives tour participants a of the reception area, guests cluster around a display of Kapamilya crash course on the history of ABS-CBN (see sidebar). These stops collectibles. At the other end of the room, uniformed staff members are part of the tour/museum walk that attracts droves of fans to the juggle phone calls underneath framed celebrity handprints. ABS-CBN headquarters every month. A few steps away, mock-ups of different ABS-CBN produc- Pre-Studio Tours, getting a close look at the ABS-CBN studios tions—a centerpiece feature of the whole Studio Tours and Mu- and facilities, to a certain degree, was a matter of luck and good seum Walk experience—take up several showrooms. At the time of timing. For example, students hoping for a free behind-the-scenes LopezLink’s visit, these included TV shows “Wowowee,” “Maalaala Mo Kaya” and the defunct “Rounin”; the news and current affairs Turn to page 6 All you need to know about swine flu...page 10 Gifts for Dad, cool school stuff for the kids in Power Plant Mall …page 12 Balikbayans plan their homecoming around a Studio Tours visit. 2 3 Lopezlink June 2009 Lopezlink June 2009 Lopez Group Q1 financial results Lopez Group firms among RP’s AEI wins Best Paper award ASIAN Eye Institute (AEI) Lasik specialist Dr. Robert Ang and coauthor Dr. Karen Reyes’ research paper titled “Epi-Lasik Flap-On Versus Flap-Off” won the Best Paper of Session in the American Society of Cataract Mabagal na simula, pero may pag-asa best in corporate governance and Refrac- tive Surgery By Carla Paras-Sison January-March 2008 financial results (unaudited) audience share ang ABS-CBN pinapagpatuloy ng FPHC ang Lopez Group company, First (ASCRS) Net income/(loss) attributable to noong Abril 2009. consolidation program nito. Philippine Holdings Corpora- TOTAL REVENUES equity holders of the parent company Power group tion, was also among the top convention MABAGAL ang naging simula “We are resolving the various held in San % change scorers. ng taon para sa mga listed com- 2008 2009 % change 2008 2009 Sa power group, bumaba debt issues at both the parent Francisco, The Institute of Corporate panies sa ilalim ng Lopez Group ng 33% ang net income at- and subsidiary levels. We are California. Directors (ICD), in partner- noong first quarter ng 2009. ABS-CBN P4.26B P5.29B* +24 P242M P191M -21 tributable to equity holders of confident that we will emerge Their efforts, ship with the Securities and Maliban sa Energy Devel- Benpres P4.26B P5.29B +24 P60M (P176M) -393 the parent ng First Philippine from the financial turbulence one of the Exchange Commission (SEC), opment Corporation (EDC) EDC P4.80B P5.55B +16 P1.37B P2.173B** +58 Holdings Corporation (FPHC) as a stronger and more vibrant research Philippine Stock Exchange na nagtala ng P1.28 bilyong US$498M*** US$434M -13 US$18M*** US$14M -24 dahil na rin sa pagkawala ng company,” sabi niya. initiatives First Gen Jan. 2008-March 2008 Financial Results (unaudited) (PSE), and the Ateneo Law foreign exchange gain, pawang +15 P265M*** P178M -33 kontribusyon ng toll roads. Nagtala naman ng P176 supported FPHC P17.96B*** P20.58B School, conducted the evalu- humina ang net income at- almost 0 Matatandaang binili ng Metro milyong net loss attributable by AEI, are Meralco P43.64B P44.27B +2 P655M P653M ation in order to assess the tributable to equity holders of Pacific group mula sa FPHC at to equity holders of the parent part of the compliance levels of Philippine the parent ng mga kumpanya. *Including P878 million revenue contribution from SkyCable, Benpres Holdings Corporation ang Benpres dahil sa pagkawa- institute’s **Including P1.278 billion foreign exchange gain corporations. Nagkaroon ng ganansiya ang nanatiling mabili ang ABS- ang toll roads business noong la ng kontribusyon ng toll road advocacy in advancing the science and practice of ophthalmology ***As restated The corporate governance EDC sa pagpapalit ng yen- at CBN Global kaya pumalo Nobyembre 2008. business at sa mas mababang in the country. File photo shows Dr. Ang and Dr. Reyes with their scoreboard was based on five award. (Sheila Sochayseng) dollar-denominated loans nito ang direct sales ng 17%, bago Sinabi ni Elpidio L. Ibanez, consolidated net earnings ng EDC senior vice president Agnes de Jesus and ABS-CBN chairman Eugenio Lopez III (front row, 3rd and 5th 18% noong Abril, at ang audi- Sa primetime naman ay nag- internationally accepted cor- sa piso, gamit ang closing forex pa idagdag ang direct sales ng pangulo ng FPHC, na ABS-CBN at FPHC. from left) with the heads of the other companies cited by the ICD. ence share ay matatag sa 44%. tala ng 30% rating at 49% na porate governance standards: rates noong Marso 31, 2009. SkyCable. Malusog din ang rights of shareholders, equita- PROMOS & OFFERS Gayunman, patuloy na lu- EBITDA (earnings before in- ENERGY Development Cor- mal firm is among the silver meanwhile was the only Phil- ble treatment of shareholders, makas ang revenues ng karami- terest, taxes, depreciation and poration (EDC) made it again awardees, scoring between ippine media company to be First Gas wins ‘Deal of the Year’ plum to the list of companies with 90% and 94% in the 2008 cor- included on the list, attaining role of stakeholders, disclosure HDTV from SkyCable han ng mga kumpanya, kaya amortization) ng ABS-CBN and transparency, and board nagbabadya din ng mas maali- noong Q1 09 sa P1.35 bilyon, FIRST Gas Power Corpora- tors, one of Europe’s largest the highest ratings in corpo- porate governance scorecard. a score of more than 90% in SKYCABLE makes high defini- responsibilities. (Toni Nieva) walas na financial performance o mas mataas ng 31% kaysa tion won the 2008 “Asia Pa- financial magazine publishers, rate governance. The geother- ABS-CBN Corporation the same scorecard. A third tion TV (HDTV) available to its habang lumalaon ang taon. noong Q1 08. cific Refinancing Deal of the conducts the annual awarding subscribers in Metro Manila! The Mabili pa rin Inaasahang lalo pang titibay Year” award from ProjectFi- ceremony to recognize compa- HDTV subscription requires the Halimbawa, lumaki ang ang ABS-CBN habang luma- nance magazine. nies that show innovation and Meralco loyal customers enjoy perks use of an HD decoder box which lawig ang top ranking nito sa First Gas earned the award, outstanding achievement in will decrypt SkyCable’s HD pay-per-view signal. SkyCable of- consolidated revenues ng ABS- AS a gesture of appreciation, The Meralco Liwanag Card For more information about wanagcard.com.ph or to the national TV audience mea- which was announced in the the global finance market. fers HISTORY HD, which features diverse historical genres, CBN Corporation ng 24%, Meralco recently hosted a fash- is an invitational loyalty card the Meralco Liwanag Card Meralco website at www. surement ng Taylor Nelson So- April 2009 issue of ProjectFi- According to ProjectFinance, ranging from military to contemporary history and technol- kasama ang P878 milyong ion event at the Rockwell Tent program that rewards prompt- program, log on to www.li- meralco.com.ph. fres o TNS. Ang total day rat- nance, for its successful com- the First Gas deal was a “major ogy to natural history, as well as science, archaeology and kontribusyon ng SkyCable. Plaza Garden in Rockwell paying cus- ings ng ABS-CBN ay tumaas pletion last year of a US$544- achievement” because it was fi- pop culture; while Discovery HD has exclusive content from Bagama’t bumaba ng 2% ang Center showcasing the fashion tomers with mula 16% noong Pebrero sa million refinancing agreement nalized “at a time when lack of Discovery’s extensive series and specials. For more informa- consolidated airtime revenues, First Gas vice presidents Nestor Vasay (3rd from left) and Emmanuel lines of Meralco Liwanag Card d i f f e r e n t with nine large foreign banks. liquidity, a spike in Libor rates tion, call the SkyCable customer service hotline at 631-0000 or ANNUAL STOCKHOLDERS’ MEETINGS Singson (3rd from right) with representatives of the other organizations partners for its Liwanag Card benefits and ProjectFinance, an authorita- and unwillingness to lend long text 0917- 6310000 and 0918-8631000. You may also log on to that shared the ProjectFinance recognition: Paul, Hastings, Janofsky & holders. p r i v i l e g e s . June 11: tive business magazine of Eu- term had frozen the debt mar- Walker; British Gas Philippines; Shearman & Sterling LLP; Bayerische www.skycable.com. (Arlene Torres) Benpres Holdings Corp., Meralco Theater, 8 am Chairman and CEO Manu- These include June 18: ABS-CBN Corp., Dolphy Theater, 8 am romoney Institutional Inves- ket.” (Joel Gaborni) Hypo-Und Vereinsbank AG; and Société Générale. June 30: el M. Lopez welcomed Meral- discounts at Soar with SkyBroadband Energy Development Corp., EDC head office, 2 pm co’s loyal clients to the “thank partner stores Raise funds for your school org through the SkyBroadband you” party, which had models and service School Org Amazing Rewards (SOARs) program. Under Meralco management buo at matatag garbed in outfits from Meralco providers, ex- SOARs, school orgs will receive commissions and rewards FPHC: Moving forward NANATILING buo at matatag ang (SMC and PLDT) to fashion partners Analog Soul, press service at points by referring subscribers to SkyBroadband.
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