DMCI Holdings, Inc. 17-Q

Financial Statements

Statements of Financial Position Current assets P=40,545 P=29,661 Noncurrent assets 34,392 36,833 Current liabilities 9,430 9,771 Noncurrent liabilities 5,904 941 Equity 59,603 55,782 March 31, March 31, (in millions) 2026 2025 Statements of Comprehensive Income Revenue P=15,425 P=16,509 Net income 4,351 4,351 Other comprehensive income − − Total comprehensive income 3,821 4,351 Concreat Asian South East Corporation (CASEC) and Subsidiaries March 31, December 31, (in millions) 2026 2025 Statements of Financial Position Current assets P=8,133 P=8,056 Noncurrent assets 39,184 39,738 Current liabilities 7,414 9,501 Noncurrent liabilities 26,749 24,139 Equity 13,154 14,154 March 31, March 31, (in millions) 2026 2025 Statements of Comprehensive Income Revenue P=4,380 P=3,302 Net loss (634) (868) Other comprehensive income − − Total comprehensive income/ (loss) (634) (868) Financial information as of and for the period ended March 31, 2026 and December 31, 2025 on the Group’s material interest in associate follows: Maynilad Water Holdings Company, Inc. and Subsidiaries March 31, December 31, (in millions) 2026 2025 Statements of Financial Position Current assets P=28,968 P=33,710 Noncurrent assets 228,438 222,247 Current liabilities 34,824 33,851 Noncurrent liabilities 110,147 105,038 Noncontrolling interests 34,536 36,030 Equity 112,435 117,068 March 31, March 31, (in millions) 2026 2025 Statements of Comprehensive Income Revenue P=9,093 P=8,985 Net income 3,406 3,406 Other comprehensive income − − Total comprehensive income 2,625 3,406 Investment in Maynilad Water Holdings Company, Inc. (MWHCI) is accounted for using the equity method. Equity in net earnings in the three months ended March 31 amounted to P=713.86 million in 2026 and P=926.04 million in 2025. Financial information as of and for the period ended March 31, 2026 and December 31, 2025 on the Group’s immaterial interest in associate and joint ventures follows: Subic Water On January 22, 1997, PDI subscribed to 3.26 million shares at the par value of P=10 per share for an aggregate value of P=32.62 million in Subic Water, a joint venture company among Subic Bay Metropolitan Authority (SBMA), a government-owned corporation, Olongapo City Water District, and Cascal Services Limited (a company organized under the laws of England). The Group owns a total of 30% of Subic Water's outstanding capital stock af