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EDC 2014 SR (UPDATED)

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<strong>EDC</strong> <strong>2014</strong> Performance Report<br />

December 31<br />

<strong>2014</strong> 2013<br />

Equity<br />

Equity attributable to equity holders of the Parent Company:<br />

Preferred stock (Note 19) ₱93,750,000 ₱93,750,000<br />

Common stock (Note 19) 18,750,000,000 18,750,000,000<br />

Common shares in employee trust account (Notes 19 and 30) (346,730,774) (351,494,001)<br />

Additional paid-in capital (Note 30) 6,285,845,818 6,282,808,842<br />

Equity reserve (Note 19) (3,706,430,769) (3,706,430,769)<br />

Net accumulated unrealized gain on available-for-sale investments<br />

(Note 9) 143,192,675 29,611,321<br />

Cumulative translation adjustments on hedging transactions (Note 31) (178,182,172) (55,615,718)<br />

Cumulative translation adjustment arising from foreign subsidiaries (6,530,344) (8,698,511)<br />

Retained earnings (Notes 2 and 19) 21,095,090,585 13,204,236,334<br />

42,130,005,019 34,238,167,498<br />

Non-controlling interests (Notes 2 and 19) 1,490,081,458 2,006,791,407<br />

Total Equity 43,620,086,477 36,244,958,905<br />

TOTAL LIABILITIES AND EQUITY ₱124,499,464,926 ₱105,005,504,336<br />

See accompanying Notes to Consolidated Financial Statements.<br />

135

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