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PH_AEV 2026-03-31 Q1 — report review

Status: PARTIAL; Currency: PHP; Amounts unit: millions; Forms:

Report published: Not stored for this period — set financial_report_date on the row (EDGAR filingDate, KASE change_date, or manual_catalog).

Full financial report: Link

PDF: Open the filing PDF (primary document)

To recalculate statement detection and previews from the PDF, use this link The default link runs in the background: a status panel shows phase, elapsed time, rough ETA, CUDA vs CPU, and OOM hints, then loads the finished report. Heavy mode with refresh does this automatically so reverse proxies do not return 502. Add &sync=1 only for one long blocking request (not recommended). You can use ?refresh=1, ?recalc=1, ?nocache=1, or ?recompute=1 on the URL. (block in the browser until done: synchronous refresh)

Default view is fast (metric table + statement page numbers only) so reverse proxies do not time out. Use ?heavy=1 when you need embedded page images and Camelot tables.

Metric mapping (value → extracted evidence)

Metric values use dashboard units where applicable; evidence is the stored snippet from the PDF text layer or OCR used during extraction.

MetricValueEvidence / page extract
Revenue2 026Row: Mar 2026 Mar 2025; % Change Change; 2026 2025 · dashboard=2,026.000 mln · pages 6 — [PL page 6] Mar 2026 Mar 2025 | % Change Change | 2026 2025
Operating profit13.43Row: OPERATING PROFIT; 13,433,395 8,886,994 4,546,401 · dashboard=13.433 mln · pages 6 — [PL page 6] OPERATING PROFIT | 13,433,395 8,886,994 4,546,401 | 51% | 16% | 13%
D&A4 737.97Row: Depreciation and amortization; 4,737,971; 4,308,309 · dashboard=4,737.971 mln · pages 23 — [DA CF page 23] Depreciation and amortization | 4,737,971 | 4,308,309
EBITDA4 751.4
Net profit10 909.66Row: NET INCOME; ₱10,909,663 ₱5,949,233 ₱4,960,430 · dashboard=10,909.663 mln · pages 6 — [PL page 6] NET INCOME | ₱10,909,663 ₱5,949,233 ₱4,960,430 | 83% | 13% | 9%
Cash102.02
Debt short155.69Row: debt_short (mln PHP, batch apply) · dashboard=155.691 mln — [DeepSeek] debt_short (mln PHP, batch apply)
Debt long359.15Row: debt_long (mln PHP, batch apply) · dashboard=359.148 mln — [DeepSeek] debt_long (mln PHP, batch apply)
Net debt1 233.51Components: short debt 155.69 + long debt 359.15 + other financial liab. 0 + NCI 820.69 − cash 102.02 = net debt 1 233.51.Row: debt_short + debt_long + other_financial_liabilities + non_controlling_interest − cash (from row components) · dashboard=1,233.506 mln — debt_short + debt_long + other_financial_liabilities + non_controlling_interest − cash (from row components)
Operating CF15 400.01Row: Net cash flows from operating activities; 15,400,009; 18,838,229 · dashboard=15,400.009 mln · pages 23 — [CF page 23] Net cash flows from operating activities | 15,400,009 | 18,838,229
Investing CF3 203.8Row: Net cash flows from (used in) investing activities; 3,203,800; (50,339,031) · dashboard=3,203.800 mln · pages 23 — [CF page 23] Net cash flows from (used in) investing activities | 3,203,800 | (50,339,031)
Assets1 024 054Row: PSE EDGE 17-Q quarterly cover sheet (2026-03-31, Current Year 3 Months column) · dashboard=1,024,054.000 mln — PSE EDGE 17-Q quarterly cover sheet (2026-03-31, Current Year 3 Months column)
Equity1 369 198Row: Equity Attributable to Equity Holders of the Parent 5,694,600 5,694,600 Capital stock 13,013,197 13,013,197 Additional paid-in capital 30,167,520 30,167,520 Equity reserves Accumulated other comprehensive (640,932) (2,010,130) income Retained earnings 88,800,000 88,800,000 Appropriated 156,299,326 Unappropriated (3,675,098) (3,675,0 ...

Net debt structure (leases included, IFRS 16)

Short-term debt (incl. ST leases)156
Long-term debt (incl. LT leases)359
− Cash & equivalents102
Net debt413

Net debt / LTM EBITDA: 0.0x

EBITDA → net profit bridge

EBITDA4 751234.5% of revenue
− D&A4 738
= Operating profit (EBIT)13 0.7% of revenue
+ Finance income7
− Finance costs7
+ Other (FX and misc.) — derived10 899
= Pre-tax profit10 912538.6% of revenue
− Income tax2
= Net profit10 910538.5% of revenue

Finance income/costs and tax come from the primary source (IFRS/XBRL); the other line balances the walk to pre-tax profit.

Consistency checks · Failed

Balance sheet identity (A = L + E)TA = TL + TE failed: TA=1,024,054, TL+TE=1,993,217, diff=-969,163 (94.6% of TA).
Net debt formulanet_debt 1,234 matches |debt_short|+|debt_long|+|other|+|NCI|−|cash| = 1,234.
EBITDA = OP + D&AEBITDA (4,751) ≈ OP (13) + D&A (4,738) = 4,751.
Net profit vs operating profitNet profit (10,910) > 1.5× operating profit (13) — implies a large non-operating gain (asset disposal, FX, one-off). Check the column mapping if no such item is reported.
Cash ≤ total assetsCash (102) ≤ total assets (1,024,054).
Debt step-change vs prior periodTotal interest-bearing debt fell 100% vs prior period (493,223 → 515). Financing cash flow not extracted — can't verify the move was real (could be an OCR miss of a major debt line).

Statement pages (discovery)

FormPages
P&L5, 6, 7
BS9, 10, 11
CF22, 23, 24

Statement previews & reconstructed tables

Embedded PDF thumbnails and Camelot reconstruction are omitted in the default view to avoid gateway timeouts and huge HTML. Open full previews & tables (?heavy=1).

Formulas used