P W - 1 0 2
S.E.C Registration Number
M A N I L A
E L E C T R I C
C O M P A N Y
(Company's Full Name)
L O P E Z P A S I G
B U I L D I N G , C I T Y
O R T
I G A S
A V E N U E ,
(Business Address: No. Street City / Town / Province)
ATTY. ANTHONY V. ROSETE
Contact Person
1622-3186
Company Telephone Number
1 2 - 3 1
Month Day Fiscal Year
1 7 - Q
FORM TYPE
0 5
Month
3 1
Day
Annual Meeting
Secondary License Type, if Applicable
Dept. Requiring this Doc.
Amended Articles Number/Section Total Amount of Borrowings
Total No. of Stockholders
Domestic
Foreign
To be accomplished by SEC Personnel concerned
File Number
LCU
Document I.D.
Cashier
STAMPS
Remarks = pls. use black ink for scanning purposes
Management’s Discussion and Analysis of Financial Position and Results of Operations
The following discussion and analysis of financial position and results of operations of Manila Electric Company or MERALCO or “Parent Company”, and its subsidiaries, collectively referred to as the “Company” or “MERALCO Group” should be read in conjunction with the unaudited condensed interim consolidated financial statements as at and for the three months ended March 31, 2011. The unaudited condensed interim consolidated financial statements are prepared in accordance with the Philippine Financial Reporting Standards or PFRS. The unaudited condensed interim consolidated financial statements are presented in Philippine peso, the Company’s functional and presentation currency as defined under PFRS. All values are rounded to the nearest million peso, except when otherwise indicated. The exchange rate used to translate U.S. dollars to Philippine peso in this report and in the accompanying unaudited condensed interim consolidated financial statements is US$1.00 to P43.39, the closing rate on March 31, 2011 quoted through the = Philippine Dealing System.
Financial Highlights and Key