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Manila Electric Company
Lopez Building
Ortigas Avenue
Phone: (2) 631-5571Pasig City  0300  PhilippinesTicker: MER

Business Summary
Manila Electric Company (Meralco) is a Philippines-based company which principal business is the distribution and sale of electric energy through its distribution network facilities in its 50 franchise areas in Metro Manila and in six surrounding provinces. Its business are organized in three segments: the power distribution segment which is involved in the distribution and supply of electricity covering franchise areas in the Luzon region; the real estate segment which is involved in real estate development and leasing, and the services segment which is involved principally in engineering, construction and consulting services, e-transaction services and insurance. Among its subsidiaries there are: Corporate Information Solutions, Inc., e-Meralco Ventures, Inc., Meralco Financial Services Corporation, Republic Surety and Insurance Company Inc. and Rockwell Land Corporation.
 
Financial Information
Financial Ratings:S&P Rating  Z'' Score  FRISK Score
Latest Financial Statements
and Analyses:
6/30/2010    Annual Financials    Quarterly Financials    
Current Fiscal Period:2Q 2010
Fiscal Year End:December
Last Audit:12/31/2009
Auditors:SGV & Co.
Audit Opinion:Unqualified
 
News Stories
Date
Headline
8/20/2010Manila Electric Company -- updated financials available
8/17/2010Manila Electric Company Announces Delay In Submission Of Quarterly Reports
8/13/2010Manila Electric Company -- updated financials available
36 additional News Stories available in full report.
 
Industries
Type
Code
Description
SectorUTILITUtilities
IndustryELECTUElectric Utilities
SIC4911Electric Services
6531Real Estate Agents And Managers
NAICS221122Electric Power Distribution
53139Other Activities Related to Real Estate
 
Management

Title

Name

Age
Title
Date
Start
Date
Non-Executive Chairman of the Board, DirectorManuel M. Lopez675/25/20105/25/2010
Chief Executive Officer, President, DirectorManuel V. Pangilinan635/25/20105/26/2009
Vice Chairman of the BoardRamon S. Ang562/1/20092/1/2009
12 additional Management records available in full report.
 
General Information
Number of Employees:6,112 (As of 12/31/2009)
Outstanding Shares:1,127,300,000 (As of 6/30/2010)
Shareholders:52,529 (As of 12/31/2009)
Stock Exchange:PSE
Fax Number:(2) 632-8501
 

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