Manila Electric Co

Common Name

Manila Electric

Country

Philippines

Sector

N/A

Industry

N/A

Employees

N/A

Ticker

MER

Exchange

PHILIPPINE STOCK EXCHANGE, INC.

Website

www.meralco.com.ph

Income Statement Balance Sheet Group Entities

Manila Electric's Financial Statements Preview

Below are the financial statements of Manila Electric, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

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All figures in billions of PHP	2024	2023	2022
Revenues	—	—	—
Sale of electricity	456.92^a	430.18^a	413.95^a
Sale of other services	13.44^a	13.43^a	12.58^a
Costs and expenses	—	—	—
Purchased power	-346.53^a	-328.25^a	-322.65^a
Salaries, wages and employee benefits	-17.97^a	-16.52^a	-15.84^a
Depreciation and amortization	-17.53^a	-16.63^a	-16.03^a
Coal and fuel	-11.71^a	-16.13^a	-22.58^a
Contracted services	-10.04^a	-10.07^a	-8.44^a
Provision for probable losses and expenses from claims - net	-6.4^a	-6.85^a	-5.83^a
Taxes, fees and permits	-2.66^a	-2.33^a	-2.13^a
Power plant operations and maintenance cost	-2.23^a	-1.88^a	-1.91^a
Provision for expected credit losses (ECL)	-0.85^a	-1^a	-2.5^a
Other expenses	-9.41^a	-7.63^a	-8.45^a
Other income (expenses)	—	—	—
Equity in net earnings of associates and joint ventures	10.27^a	11.48^a	12.04^a
Interest and other financial charges	-5.3^a	-5.13^a	-3.75^a
Interest and other financial income	3.88^a	3.32^a	2.06^a
Foreign exchange gains (losses)	0.19^a	-0.04^a	1.01^a
Others	2.62^a	0.83^a	3.7^a
Income before income tax	56.68^a	46.79^a	35.24^a
Provision for (benefit from) income tax	—	—	—
Current	-12.23^a	-9.15^a	-4.12^a
Deferred	-2.02^a	-1.04^a	-2.53^a
Net income	46.47^a	38.68^a	28.59^a
Attributable to	—	—	—
Equity holders of the parent company	45.86^a	38.02^a	28.43^a
Non-controlling interests	0.61^a	0.66^a	0.16^a

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Verified Sources Behind Manila Electric’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Manila Electric’s data sources below and access millions more through our Disclosure Search.

a. Manila Electric's Annual Report 2024

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Manila Electric's Financial Statements Preview

Verified Sources Behind Manila Electric’s Financial Fundamentals Data

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