AUDITED FINANCIAL STATEMENTS - bloomberry.ph

1 BLOOM SEC Form 17-Q Q3 2015 - 1 - C O V E R S H E E T for AUDITED FINANCIAL STATEMENTS SEC Registration Number A 1 9 9 9 0 4 8 6 4 C O M P A N Y N A M E B L O O M B E R R Y R E S O R T S C O R P O R A T I O N A N D S U B S I D I A R I E S ( A S u b s i d i a r y o f P r i m e M e t r o l i n e H o l d i n g s , I n c . ) PRINCIPAL OFFICE ( No. / Street / Barangay / City / Town / Province ) T h e E x e c u t i v e O f f i c e s , S o l a i r e R e s o r t & C a s i n o , 1 A s e a n A v e n u e , E n t e r t a i n m e n t C i t y , T a m b o , P a r a n a q u e C i t y Form Type Department requiring the report Secondary License Type, If Applicable 1 7 - Q 1 2 3 1 AMENDED C O M P A N Y I N F O R M A T I O N Company s Email Address Company s Telephone Number Mobile Number 888-8888 No.

2 Of Stockholders Annual Meeting (Month / Day) Fiscal Year (Month / Day) 81 Any Day in June December 31 CONTACT PERSON INFORMATION The designated contact person MUST be an Officer of the Corporation Name of Contact Person Email Address Telephone Number/s Mobile Number Leo D. Venezuela 883-8920 CONTACT PERSON s ADDRESS The Executive Offices, Solaire Manila Resort & Casino, 1 Asean Avenue, Entertainment City, Tambo Para aque City NOTE 1 : In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.

3 2 : All Boxes must be properly and completely filled-up. Failure to do so shall cause the delay in updating the corporation s records with the Commission and/or non-receipt of Notice of Deficiencies. Further, non-receipt of Notice of Deficiencies shall not excuse the corporation from liability for its deficiencies. BLOOM SEC Form 17-Q Q3 2015 - 2 - SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-Q AMENDED QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER 1. For the quarter ended 30 September 2015 2.

4 SEC Identification Number A1999-04864 3. BIR Tax Identification No. 204-636-102-000 4. Exact name of issuer as specified in its charter BLOOMBERRY RESORTS CORPORATION 5. Philippines . 6. (SEC Use Only) Province, Country or other jurisdiction of incorporation or organization Industry Classification Code: 7. The Executive Offices, Solaire Resort & Casino, 1 Asean Avenue, Entertainment City, Tambo Para aque City 1701 Address of principal office Postal Code 8. (02) 883-8920 Issuer's telephone number, including area code 9.

5 Unit 601 6th Floor Ecoplaza Bldg. Chino Roces Avenue Ext. Makati City Former name, former address, and former fiscal year, if changed since last report. 10. Securities registered pursuant to Sections 8 and 12 of the SRC, or Sec. 4 and 8 of the RSA Title of Each Class Number of Shares Outstanding Unclassified Shares, par value 11,015,717,025 Shares 11. Are any or all of these securities listed on a Stock Exchange. Yes [x] No [ ] If yes, state the name of such stock exchange and the classes of securities listed therein: Philippine Stock Exchange Unclassified Shares 12.

6 Check whether the issuer: (a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule thereunder or Section 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of The Corporation Code of the Philippines during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports); Yes [x] No [ ] (b) has been subject to such filing requirements for the past ninety (90) days. Yes [x] No [ ] BLOOM SEC Form 17-Q Q3 2015 - 3 - TABLE OF CONTENTS PART I - FINANCIAL INFORMATION 4 Item1.

7 FINANCIAL STATEMENTS 5 Unaudited consolidated Statement of FINANCIAL Position as at September 30, 2015 and AUDITED consolidated Statement of FINANCIAL Position as at December 31, 2014 6 Unaudited consolidated STATEMENTS of Comprehensive Income for the Three Months and Nine Months Ended September 30, 2015 and 2014 7 Unaudited consolidated STATEMENTS of Changes in Equity for the Nine Months Ended September 30, 2015 and 2014 8 Unaudited consolidated STATEMENTS of Cash Flows for the Three Months and Nine Months Ended September 30, 2015 and 2014 9 Notes to Unaudited condensed consolidated FINANCIAL STATEMENTS 10 Item 2.

8 Management s Discussion and Analysis of FINANCIAL Condition and Results of Operations 56 PART II - OTHER INFORMATION 73 SIGNATURES 74 BLOOM SEC Form 17-Q Q3 2015 - 4 - PART I FINANCIAL INFORMATION Item 1. FINANCIAL STATEMENTS The unaudited condensed consolidated FINANCIAL STATEMENTS as of September 30, 2015 and for the three months and nine months ended September 30, 2015 and 2014 and the AUDITED consolidated statement of FINANCIAL position as of December 31, 2014 and the related notes to unaudited condensed consolidated FINANCIAL STATEMENTS of Bloomberry Resorts Corporation and Subsidiaries (collectively referred to as the Group ) are filed as part of this Form 17-Q on pages 5 to 55.

9 There is no other material events subsequent to the end of this interim period that had not been reflected in the unaudited condensed consolidated FINANCIAL STATEMENTS filed as part of this report. BLOOM SEC Form 17-Q Q3 2015 - 5 - Bloomberry Resorts Corporation and Subsidiaries (A Subsidiary of Prime Metroline Holdings, Inc.) condensed consolidated FINANCIAL STATEMENTS September 30, 2015 (Unaudited) and December 31, 2014 ( AUDITED ) and For The Three Months and Nine Months Ended September 30, 2015 and 2014 (Unaudited) BLOOM SEC Form 17-Q Q3 2015 - 6 - BLOOMBERRY RESORTS CORPORATION AND SUBSIDIARIES (A Subsidiary of Prime Metroline Holdings, Inc.)

10 consolidated STATEMENTS OF FINANCIAL POSITION SEPTEMBER 30, 2015 AND DECEMBER 31, 2014 September 30, 2015 (Unaudited) December 31, 2014 ( AUDITED ) ASSETS Current Assets Cash and cash equivalents P=14,465,471,965 P=14,747,804,181 Restricted cash 3,579,049,780 6,696,490,521 Receivables - net 2,581,373,031 4,087,723,618 Inventories 202,244,992 182,959,044 Prepayments and other current assets 687,296,632 741,864,870 Total Current Assets 21,515,436,400 26,456,842,234 Noncurrent Assets Advances to contractors 107,959,490 276,797,821 Property and equipment 46,136,723,903 40,470,608,091 Other noncurrent assets 3,150,683,812 473,846,841 Total Noncurrent Assets 49,395,367,205 41,221,252,753 P=70,910,803.