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President’s Report
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Strong Macroeconomic Environment
GDP Growth
6.9%
Personal
Consumption
Growth
7.0%
Inflation
1.8%
Government
Spending Growth
8.4%
Average
Lending Rates
5.6%
Net FDI Growth
40.7%
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Milestones
SM Appliance Center
Ace Hardware
Toy Kingdom
Baby Company
Our Home
Homeworld
Watsons
Kultura
Sports Central
Pet Express
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Milestones
Conrad Hotel
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Milestones
Moving towards
greater financial
inclusion
through
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Milestones
SMIC Series G
Retail Bonds
Php20bn
Rate
5.159%
Due in
2023
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Consistent Growth
332.8
362.8
2015 2016
RevenuePhp Bn
28.9
31.2
2015 2016
Net EarningsPhp Bn
9%
8% Retail Property Banking
24%37%
39%
Net Income Profile
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Retail: Diversified Operations
Php276.5bnConsolidated
Gross Revenues8.4%
Php10.6bnNet Income 7.4%
2,303Total Retail Stores
Php61.9bnSpecialty
Retail
11.7%
Php138.8bnFood Retail 7.7%
Php91.4bnThe SM
Store
7.2%
Gross Revenues
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Retail: Diversified Operations
LUZON
39%
VISAYAS
12%
MINDANAO
6%
METRO
MANILA
43%
THE SM STOREs57
SM Supermarkets48
SM Hypermarkets44
Savemore Stores156
WalterMart Stores39
Specialty Stores1,749
Alfamart Stores210
Store Distribution
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Property: Sustaining Growth
Php79.8bnConsolidated
Revenues 11.6%
Php23.8bnRecurring
Net Income 13.9%
818.7bnMarket
Capitalization 30.6%
61%
30%
3%6%
Revenue Contribution
Malls Residential
Commercial Others
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Property: Sustaining Growth
Philippine Malls60
China Malls7Residential
Projects43
Office Buildings6
Hotels6Convention
Centers4
Trade Halls3
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BDO: Delivering Solid Results
Php65.6bnNet Interest
Income 15.2%
Php26.1bnNet Income 4.3%
Php2,325bnTotal Resources 14.5%
1,104Operating
Branches
3,655ATM
Network
12.4%Capital
Adequacy
Ratio
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China Bank: Sustained Performance
Php16.7bnNet Interest
Income 10.7%
Php6.5bnNet Income 15.3%
Php633.2bnTotal Resources 20.2%
541Operating
Branches
805ATM
Network
12.2%Capital
Adequacy
Ratio
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ESG: Embracing Sustainability
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ESG: Embracing Sustainability
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Looking Ahead
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Portfolio Investments
Net Group
CityMalls
Atlas Mining
Belle Corp
MyTown
2GO Group
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Awards and Citations
Management Man of the Year
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With much Gratitude and Appreciation
President’s Report