CENTRO ESCOLA

CONSOLIDA
ye
2018 2017
REVENUES AMOUNT AMOUNT
Tuition and other school fees(Note 14） ₱1,371,104,081 ₱1,535,004,059
Miscellaneous income(Note 15) ₱43,150,915 ₱45,349,627
₱1,414,254,996 ₱1,580,353,686

COSTS AND EXPENSES ₱1,073,840,325 ₱1,120,358,938

Costs of services (Note 16) ₱182,877,124 ₱172,389,359
General and admini strative expenses (Note 16) ₱1,256,717,449 ₱1,291,748,297

INCOME BEFORE OTHER INCOME (EXPENSES) ₱157,537,547 ₱288,605,389

AND INCOME TAX

OTHER INCOME (EXPENSES)

Interest expense (Note 18) (₱12,940,762) (₱938,489)
Interest income (Note 5) ₱3,405,522 ₱37,211,467
Loss on retirement/disposal of assets (Note 9) (₱333,821) (₱295,689)
Foreign currency exchange gains - net ₱254,235 ₱535,941
(₱9,614,826) ₱3,022,930

INCOME BEFORE INCOME TAX ₱147,922,721 ₱291,628,319

PROVISION FOR INCOME TAX (Note 18) ₱37,706,329 ₱28,178,487

NET INCOME ₱110,216,392 ₱263,449,832

Attributable to: ₱107,772,975 ₱262,106,208

Equity holders of the University ₱2,443,417 ₱1,343,624
Non-controlling inter ests ₱110,216,392 ₱263,449,832

Basic/Diluted Earnings Per Share (Note 23) ₱0.29 ₱0.70

 CENTRO ESCOLAR UNIVERSITY AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
years ended march 31
2017 Increase or Decrease 2017 2016 Increase or Dec
AMOUNT AMOUNT Percent AMOUNT AMOUNT AMOUNT
₱1,535,004,059 (₱163,899,978) -11% ₱1,535,004,059 ₱1,691,890,018 (₱156,885,959)
₱45,349,627 (₱2,198,712) -5% ₱45,349,627 ₱41,766,288 ₱3,583,339
₱1,580,353,686 (₱166,098,690) -11% ₱1,580,353,686 ₱1,733,656,306 (₱153,302,620)

₱1,120,358,938 (₱46,518,613) -4% ₱1,120,358,938 ₱1,227,687,910 (₱107,328,972)

₱172,389,359 ₱10,487,765 6% ₱172,389,359 ₱146,716,632 ₱25,672,727
₱1,291,748,297 (₱35,030,848) -3% ₱1,291,748,297 ₱1,374,404,542 (₱82,656,245)

₱288,605,389 (₱131,067,842) -45% ₱288,605,389 ₱259,251,764 ₱29,353,625

(₱938,489) (₱12,002,273) 1279% (₱938,489) (₱4,385,740) ₱3,447,251

₱37,211,467 (₱33,805,945) -91% ₱37,211,467 ₱6,933,117 ₱30,278,350
(₱295,689) (₱38,132) 13% (₱295,689) (₱447,082) ₱151,393
₱535,941 (₱281,706) -53% ₱535,941 ₱390,562 ₱145,379
₱3,022,930 (₱12,637,756) -418% ₱3,022,930 ₱2,490,857 ₱532,073

₱291,628,319 (₱143,705,598) -49% ₱291,628,319 ₱361,742,621 (₱70,114,302)

₱28,178,487 ₱9,527,842 34% ₱28,178,487 ₱16,570,857 ₱11,607,630

₱263,449,832 (₱153,233,440) -58% ₱263,449,832 ₱345,171,764 (₱81,721,932)

₱262,106,208 (₱154,333,233) -59% ₱262,106,208 ₱345,068,851 (₱82,962,643)

₱1,343,624 ₱1,099,793 82% ₱1,343,624 ₱102,913 ₱1,240,711
₱263,449,832 (₱153,233,440) -58% ₱263,449,832 ₱345,171,764 (₱81,721,932)

₱0.70 (₱0.41) -59% ₱0.70 ₱0.93 (₱0.23)

 Increase or Decrease
AMOUNT Percent
(₱156,885,959) -9%
₱3,583,339 9%
(₱153,302,620) -9%

(₱107,328,972) -9%
₱25,672,727 17%
(₱82,656,245) -6%

11%
₱29,353,625

₱3,447,251 -79%
₱30,278,350 437%
₱151,393 -34%
₱145,379 37%
₱532,073 21%

(₱70,114,302) -19%

₱11,607,630 70%

(₱81,721,932) -24%

(₱82,962,643) -24%
₱1,240,711 1206%
(₱81,721,932) -24%

(₱0.23) -25%