Month: November 2013

ONE BIG AYALA VOLUNTEER NIGHT. More than 1,900 Ayala group employees, friends, and family, participated in One Big Ayala Volunteer Night, held on Friday, November 22, at Villamor Air Base, DSWD NROC, and Air21 Cargohaus.

The number of volunteers from AC, ALI, BPI, Globe, IMI, LiveIt (including HRMall, Stream, Integreon, Affinity, LGSMI, and APEC), Ayala Auto, Ayala Aviation, AGLegal, AFI, and Ayala Coop, far exceeded expectations. Manila Water provided tents and water services at the three sites and will also help repack on Nov 27.

RESTORE.
Cellular service is now up in Guiuan, Eastern Samar and 20 other areas. With this restoration, Globe is now essentially present in all areas severely affected by the supertyphoon.

BPI Tacloban (Main) Branch resumed serving the public on Friday, Nov 22. Banking hours are from 9AM to 1PM. An ATM is back online to service the withdrawal requirements of clients. Following a directive from the Philippine Clearing House Corp, there are no check-clearing operations until further notice.

RELIEVE.
Globe held medical missions in Estancia, Iloilo, and Poblacion, Roxas City. These included free consultation and medicine, activities for children, and distribution of relief goods.

A total of 199,200 liters of potable water were produced by Manila Water’s Mobile Treatment Plant from Nov 16 to 23 in Bantayan Island, Cebu.

Tower One tenants and employees responded to the call for donations to Bulig Bisaya. The relief goods will be turned over to Caritas Manila or transported directly to affected sites within the week.

Ayala Land has collected 4,000 packs of relief goods from Ayala Malls and other drop-off points.

REBUILD.
Ayala Land President and CEO Tony Aquino and other officers visited Sicogon and met with residents to determine how to best help rebuild their communities.

Responding to the request of DOH, Manila Water is sending two laboratory analysts to assist in checking water quality in Tacloban and Eastern Samar.

BULIG BISAYA | The Ayala group is responding to the crisis in the aftermath of Typhoon Yolanda through the immediate restoration of vital services such as telecommunications and banking, provision of potable water, as well as relief and rebuilding operations carried out by its companies and employees in cooperation with government agencies and partner organizations.

In a disclosure submitted today to the Securities and Exchange Commission, Philippine Stock Exchange, and Philippine Dealing and Exchange Corporation, Ayala Corporation CFO Delfin Gonzalez Jr said the the company has redeemed 12,000,000 Ayala Corporation Preferred Class A (ACPA) shares representing all of the outstanding ACPA shares. The shares will form part of Ayala’s treasury shares until they are re-issued. There are no plans at present to re-issue the redeemed ACPA shares.

In view of the foregoing, ACPA now ceases to be traded at the PSE and will maintain this status until its re-issuance.

BULIG BISAYA | The Ayala group is responding to the crisis in the aftermath of Typhoon Yolanda through the immediate restoration of vital services such as telecommunications and banking, provision of potable water, as well as relief and rebuilding operations carried out by its companies and employees in cooperation with government agencies and partner organizations.

AS ONE WE CAN. Ayala Foundation, in coordination with the Employee Relations (ER) Network, takes the lead in mobilizing employees across the Ayala group for tonight’s relief goods repacking. The activity has drawn almost twice the number of expected volunteers. About 1,900 employees from AC, ALI, BPI, Globe, IMI, Ayala Auto, Ayala Aviation, Ayala Coop, AG Legal, and LiveIt and its companies Stream, Affinity Express, HRMall, LGSMI, APEC, and Integreon, will assemble at 3 locations: Villamor Air Base Multi-Purpose Gym, DSWD National Resource Operations Center, and Air21 Cargohaus.

XMAS CONCERTS FOR A CAUSE / #SEASONSSYMPH. Ayala Foundation and Ayala Museum present “Season’s Symphonies,” a series of Christmas concerts beginning December 4. Proceeds will go to AFI’s Laging Handa program.

Featured artists are the UP Jazz Ensemble, Arthur Espiritu and Friends, Ramoncito Carpio & Nebrija Ramos Guitar Duo, Manila Symphony Orchestra, and UP Guitar Orchestra. For ticket inquiries, call 759-8288 loc 31.

PAYING IT FORWARD / AYLC ALUMNI TAKE ACTION. Ayala Young Leaders Alumni Association (AYLAA) has been reaching out to communities, distributing bottled water in Tacloban, Samar, and Iloilo, and raising funds for medicine.

On the ground, the AYLAA Iloilo has actively provided assistance and relief to Carles Island, Brgy. Binaodawan, Pillar Capiz, and Estancia, Iloilo. Alumni are joining the One Big Ayala Volunteer Night, and will continue to assist Operation Salubong as Psychological First Aid responders, marshals, and Oplan Hatid volunteers.

CORPORATE ROUNDUP

• 1,928 Registered volunteers for One Big Ayala Volunteer Night
• 1st of BPI’s 3 branches in Tacloban is now open from 9AM to 1PM, and 1 ATM is now back online to serve clients
• 143,200 Liters of water produced by Manila Water’s Mobile Treatment Plant in Bantayan Island
• Manila Water has also set up tents and water stations in Camp Aguinaldo in support of Operation Salubong for Tacloban evacuees
• P1M New donation thanks to Ayala Land Hotels and Resorts Corp
• P1.5M Contribution of Amaia to Alay 25 sa Visayas
• Globei s 1st to provide telco services in Tacloban, Borongan, and now, Biliran
• 38 Libreng Tawag, 59 Libreng Charging, and 6 Libreng Internet stations
• P601k GCASH donations to Red Cross and P4.8M Rewards Points donation
• P161k Globe employee donations

BULIG BISAYA | The Ayala group is responding to the crisis in the aftermath of Typhoon Yolanda through the immediate restoration of vital services such as telecommunications and banking, provision of potable water, as well as relief and rebuilding operations carried out by its companies and employees in cooperation with government agencies and partner organizations.

THE POWER OF SYNERGY. Ayala Business Club Cebu was among the first to welcome thousands of evacuees from Tacloban who arrived at the Rafael Ramos Naval Base. This contributed photo shows representatives of three sectors–government (Fire Bureau), private sector (Honda Cebu), and nonprofit (Red Cross)–working together to assist a survivor of Typhoon Yolanda.

U.S. PINOYS SEND HELP BACK HOME / WAIVED FEES UNTIL 30. Wells Fargo is waiving all ExpressSend Remittance transfer fees for U.S.-based clients sending money to family and friends in the Philippines via credit to a BPI account or cash pick-up at any BPI branch. The fee waiver is effective from November 13 to 30.

Wells Fargo is also supporting relief efforts with a total grant of US$250,000 (or more than P10 million) to the American Red Cross and International Medical Corps.

GLOBE CUSTOMERS RESPOND / DONATE GCASH, LOYALTY POINTS. Globe opened several mobile and online channels for its subscribers to support typhoon relief efforts–and they have responded tremendously. GCash donations to the Red Cross have reached more than half a million pesos and donation of Rewards POints for Bangon Pinoy and Ayala Foundation initiatives is now valued at P4.7 million.

Meanwhile, Globe has further expanded its cellular service in 16 more towns in Leyte and Samar. It continues to operate Libreng Tawag, Libreng Charging, and Libreng Internet stations in affected areas.

CORPORATE PARTNERS, INDIVIDUAL DONOR S GIVE TO AFI’S LAGING HANDA. AFI’s fundraising campaign for people and communities affected by Typhoon Yolanda has reached P27.7 million, as of Nov 19. Of these, P5.9M are cash donations, while P21.8M are pledges. To date, a total of P2.4M has been deployed for various relief operations.

AFI is also continuing its partnership with Ayala Business Club and other groups for relief operations in northern Cebu, including Bogo City, Medellin, Daanbantayan, and Bantayan Island. In addition, Nokia is providing cellphone units to support the communication needs of World Food Programme and DSWD. Globe is also providing SIM cards for the phones, some to be deployed in Libreng Tawag stations.

CORPORATE ROUNDUP

• P15M Pledged by Globe for Gawad Kalinga community reconstruction activities such as housebuilding and livelihood support
• 5,000 Tattoo Prepaid Mobile Wifi and stick devices to be distributed in typhoon-affected areas
• 1,000 Expected number of Ayala group employees participating in tomorrow’s One Big Ayala Volunteer Night

ALI PRESIDENT AND CEO TONY AQUINO, AT THE LAUNCH OF THE CONCERT SERIES STARTS OF JOY, STARS OF HOPE: “We invite everyone to be one with us in giving and sharing this Christmas season to bring hope and inspiration to our brothers and sisters. There is no greater joy than in giving a part of yourself, whether in terms of time, money, or prayers.”

BULIG BISAYA | The Ayala group is responding to the crisis in the aftermath of Typhoon Yolanda through the immediate restoration of vital services such as telecommunications and banking, provision of potable water, as well as relief and rebuilding operations carried out by its companies and employees in cooperation with government agencies and partner organizations.

WINGS OF HELP AND HOPE. Soon after Typhoon Yolanda struck, Ayala Aviation began coordinating with BPI, Globe, and ALI to transport people, telecom equipment, and relief goods between Manila, Cebu, and Tacloban. More recently, it delivered telecom equipment to Samar and conducted aerial surveys with Globe and ALI in Samar, Iloilo, and Sicogon.

T-SHIRT DRIVE / ONE WITH ALVEO. Alveo Land employees are enjoined to donate at least one t-shirt for its relief drive. This is one of the many initiatives undertaken by ALI strategic business units.

Meanwhile, Fort Bonifacio Development Corporation has initiated Operation Solidarity, a donation drive among BGC locators and partners.

SILENT AUCTION NOV 21 6PM. In lieu of a Christmas launch, Greenbelt is holding a Silent Auction to benefit the victims of Typhoon Yolanda and the Bohol earthquake. The event features special merchandise and artwork donated by Ayala Malls partners. The event is co-presented by BPI, AFI, and The Philippine Star.

UNIQUE WAYS TO HELP WITH GLOBE / OLD PHONES, DANCE CONTEST. Donation drives and relief activities continue to gain strong support across the Ayala group. In addition, Globe has come up with other unique ways by which the public come help.

TM has turned its Inter-Barkada Contest into a fundraising activity among participating schools wherein the winning group agrees to donate half of the cash prize to typhoon relief efforts. Globe Stores will soon be accepting donations of old phones. Globe is also giving a matching donation for every peso load purchased at Prepaid on the Go caravans.

CORPORATE ROUNDUP

• 51 Passengers transported and 35 personnel evacuated by Ayala Aviation
• P15k Ayala Aviation employees donations to date
• S$1,590 Donated by IMI Singapore and US$2,700 given by corporate and individual partners of IMI
• 256 IMI employees who have volunteered for repacking activities
• P974k IMI savings and employee donations to date
• P100k Worth of relief goods and clothes donated to the Red Cross by Manila Water
• P59k Manila Water employees donations to date
• 40,000 Baso Water produced since last week and 87,200 liters from the MTP in Bantayan Island

BULIG BISAYA | The Ayala group is responding to the crisis in the aftermath of Typhoon Yolanda through the restoration of vital services such as telecommunications and banking, provision of potable water, as well as relief and rebuilding operations carried out by its companies and employees in cooperation with government agencies and partner organizations.

ALIZENS LEND A HAND. About a hundred Ayala Land volunteers went to DSWD this morning for relief goods repacking. ALI, which marks its 25th anniversary this year, aims to raise P25 million for relief and rebuilding efforts. Employees have responded to the call not only by donating cash and in kind, but also by participating in volunteer activities.

BANGON PINOY / KA-GLOBE UNITE. Globe employee-volunteers (Ka-Globe) continue to participate in relief efforts in Metro Manila and the Visayas. In addition, Globe’s Bangon Pinoy campaign allows customers to donate via GCash, support rebuilding efforts for each purchase of a Tattoo stick or subscription to Tattoo Home Broadband Plan 1599, drop off relief goods at TM Republikaravans, and donate Rewards Points.

STARS OF HOPE, STARS OF JOY 6:30PM AT GLORIETTA. Tonight, Ayala Malls presents a benefit concert featuring Piolo Pascual, Kuh Ledesma, Isabella Ledesma, Joanne Ampil, and Martin Nievera. Then on Thursday, Nov 21, at 6PM, a silent auction by top lifestyle brands will be held at Greenbelt 5 Fashion Walk. The fundraising event will feature the Madrigal Singers.

CORPORATE ROUNDUP
– 4,730 Relief goods and 3,000 hot meals distributed by Globe
– 25 Libreng Tawag, 47 Libreng Charging, and 6 Libreng Internet stations
– 8,000 Relief packs delivered by ALI to communities in Iloilo. Meanwhile Cebu Holdings’ relief operations reach Bantayan Island and northern Cebu.
– P5.4M Actual donations and P21.8 M in pledges to AFI
– 1,500 – 2,200 liters per hour produced by the Mobile Treatment Plant in Bantayan Island

DONATION CHANNELS
– Ayala Foundation’s Laging Handa and other channels – www.ayalafoundation.org
– BPI – Log on to www.bpiexpressonline.com > Payments & Reloading > eDonations
– Globe GCash – Dial *143#, select GCASH . Others > Donate. Or use the GCash mobile app on Android and Blackberry or go to www.globe.com.ph/gcashonline
– ADeals.ph – Purchase “donation vouchers” to be coursed through Ayala Foundation

BULIG BISAYA | The Ayala group is responding to the crisis in the aftermath of Typhoon Yolanda through the restoration of vital services such as telecommunications and banking, provision of potable water, as well as relief and rebuilding operations carried out by its companies and employees in cooperation with government agencies and partner organizations.

MTP LANDS IN BANTAYAN. In addition to providing Baso Water in Leyte, Manila Water (through its subsidiary Cebu Manila Water Development and in coordination with the LGU), has also deployed its Mobile Treatment Plant to Bantayan Island with a population of more than 74,000. The MTP is manned by a team of 8 and is stationed at Barangay Ticad. Since Saturday, it has produced 38,400 liters of potable water sourced from seawater.

ONE BIG AYALA VOLUNTEER NIGHT NOV 22 FRIDAY 6PM. Aside from donating cash and in kind, employees in the Ayala group have been participating in relief goods repacking since last week. On Friday, the Ayala group will gather as one. Contact your HR department to sign up for the One Big Ayala Volunteer Night. Ayala, Bulig Bisaya!

BPI FOUNDATION, BPI REMITTANCE WAIVED FEE UNTIL NOVEMBER 30. BPI has waived remittance fees for donations sent through BPI Europe and BPI Remittance Centers. Beneficiary institutions are Ayala Foundation, BPI Foundation, ABS-CBN Foundation Sagip Kapamilya, Caritas Manila, and the Philippine National Red Cross. For the list of branches and remittance centers, go to www.bpiexpressonline.com.

HOT MEALS FOR EVACUEES, RESIDENTS / AFI, ABC CEBU, GLOBE REACH OUT. With funds from AFI, Ayala Business Club Cebu prepared packed meals for Leytehanons arriving in Cebu. Volunteers from ABC Cebu, Honda, and Stream distributed meals to evacuees who arrived yesterday, Nov 18, at the Rafael Ramos Naval Base.

In Capiz, Globe set up a mobile kitchen providing hot meals for 1,000 people. It also distributed hot meals in Concepcion and Sara, Iloilo, last week.

CORPORATE ROUNDUP
– 80% Globe network in the Visayas restored #BangonPIinoy
– P750k IMI employees’ pledges and savings from cancelled events
– P3.6M Donations raised among BPI employees as of Nov 18 10AM
– P4.5M Donations raised among AC, Liveit, Aviation, and HRMall employees and savings from events as of Nov 19
– P931k Ayala Auto associates’ donations and company savings
– P5M Ayala Land’s initial donation coming from event savings across all strategic business units (SBUs)
– 89 out of 92 BPI and BPI Family Savings Bank branches in affected areas now operational with the reopening in Ormoc and Baybay. Only 3 Tacloban branches are closed

Bulig Bisaya | The Ayala group is responding to the crisis in the aftermath of Typhoon Yolanda through the restoration of vital services such as telecommunications and banking, provision of potable water, as well as relief and rebuilding operations carried out by its companies and employees in cooperation with government agencies and partner organizations.

Ayala Land
Using Iloilo and Cebu as its base of operations, Ayala Land is reaching out to communities in Central and Eastern Visayas. An ALI team was joined by medical doctors from University Physicians Medical Center to provide first aid in Iloilo.

Ayala Malls continue to accept donations and the first batch of relief goods has been delivered to Red Cross . Meanwhile, FamilyMart pledged P10 million worth of relief goods and has set up donation boxes in all stores in Japan.

El Nido Resorts is transporting relief goods through Island Transvoyager planes to Northern Palawan.

Ayala Land has postponed the opening of the light and sound show at Ayala Triangle Gardens to November 20. All Christmas concerts and events at Ayala Malls are now fundraising events.

Said ALI President and CEO Antonino Aquino: “We are concentrating assistance efforts in the northern part of Iloilo where the devastation is just as severe as in other areas, but has not received national attention. We will focus on rehabilitating the coastal towns of Carles and Estancia so that families in the dangerous elevations will be relocated to a safe area. We will also be engaged in helping fishermen resume their livelihood by providing fishing gear that was lost.”

Globe Telecom
Globe has restored close to 70% of affected cell sites in the Visayas. Tacloban now has 2 working cellsites. It has also restored cellular service in most of Southern Leyte, Bohol, Cebu, Guimaras, Negros Oriental, and Negros Occidental. Coverage has improved in Western Samar, Aklan, Capiz, and Antique.

Relief goods and hot meals are being distributed by Globe in Panay, Northern Cebu, and Leyte. It also made donations of prepaid load to LGUs, DepEd, and Red Cross.

Subscribers may convert Globe Rewards points as peso donations. Libreng Tawag, Libreng Charging, and Libreng Internet centers continue to serve the public, including evacuees arriving at Villamor Air Base.

The public may drop off relief goods at Globe’s iPhone 5S and 5C launch tomorrow at the NBC Tent in Bonifacio Global City. Subscribers who will claim their new phones may donate money through GCash.

Integrated Micro-Electronics, Inc.
IMI customers have also donated to Ayala Foundation. Employees are participating in donation drives and repacking of relief goods.

Manila Water
Manila Water is deploying its Mobile Treatment Plant to Bantayan Island; it arrives in Cebu today or early morning tomorrow. It produced 6,500 cups of Baso Water today, bringing its total to more than 25,000 since Tuesday. After the initial shipment to Leyte, Baso Water will now be coursed through DSWD/Red Cross.

Ayala Foundation / Ayala Business Club Cebu
Ayala Foundation has released P200,000 to Ayala Business Club Cebu to provide meals for evacuees from Tacloban who continue to arrive in Cebu City. The evacuees are now sheltered at the Mactan Air Base, Cebu City Coliseum, and Barangay Tinago Sports Complex.

Ayala Corporation’s (Ayala) net income in the nine months ended September rose by 20% year on year to P10.4 billion. Netting out the impact of the accelerated depreciation as a result of the network modernization of Globe Telecom, core net income rose at an even higher rate of 32% to P12.3 billion. The growth was driven by its real estate and banking units, the steady performance of its water business, and the sustained improvement in profitability of its international businesses. The strong performance of these business units resulted in equity earnings reaching P13.9 billion, 26% higher year on year.

Ayala President and Chief Operating Officer Fernando Zobel de Ayala commented, “Overall, we are pleased that all our key business units are able to sustain their strong earnings growth trajectory. The economy continues to support much of this momentum with both consumer and business confidence largely upbeat. This has, in turn, allowed our business units to continue to expand aggressively in their respective sectors and tap new customers particularly in underserved markets. We remain committed to invest in the country’s growth prospects as we support infrastructure development in the country. This is particularly critical in light of the massive destruction caused by the recent earthquakes in Cebu and Bohol as well as super typhoon Yolanda. The Ayala group has been engaged in relief and rehabilitation efforts at various levels across its business units.”

For year-to-date ended September, Bank of the Philippine Islands (BPI), contributed nearly half of equity earnings as its net income registered a 19% jump year-on-year to P15.8 billion. BPI’s performance was underpinned by a 12% growth in revenue as net interest income and non-interest income improved, while operating expenses increased by a much slower pace of 6.7%. Total bank deposits continued to expand reaching P889 billion by the end of the period. Business activity was brisk across corporate, middle market, and consumer segments, which reflected in the bank’s healthy 15% loan growth. Notwithstanding the expansion in loans, non-performing loan ratio improved further to 2.1%. BPI remains well capitalized with a Capital Adequacy Ratio (CAR) of 16.1%. It recently announced its plan to raise P25 billion in a stock rights offering, proceeds of which will be used to support the bank’s strategic growth initiatives. The bank’s performance over the nine-month period resulted in a Return on Equity of 20.5%.

Its real estate unit, Ayala Land, Inc. (Ayala Land) continued to maintain strong momentum. Year-to-date earnings rose by 30% to P8.6 billion, putting it on the verge of exceeding its five-year target to hit P10 billion in net income by 2014. Consolidated revenue reached P57.7 billion, up 38% compared to the same period last year driven by the upbeat performance of all key business lines. Residential revenue rose by 23% due to strong bookings across all residential brands. The company’s five residential brands altogether launched 11,787 units in the first nine months, with average monthly sales take-up reaching an all-time high. Commercial leasing revenue grew by 22% to P13.1 billion, while its services business generated P17.2 billion in revenue, 18% higher year-on-year. Ayala Land continues to expand in many parts of the country as it develops new townships across key metros. This ensures a pipeline of development projects that will sustain its growth in the years ahead.

Its water business, Manila Water, registered P4.3 billion in net income in the first nine months which was 9% higher versus the same period last year. Revenue rose by 6% to P11.5 billion driven by moderate billed volume growth, improvement in average tariff resulting from the CPI adjustment, and higher contribution from the operating subsidiaries. As of the end of September, Manila Water has been able to provide 917,000 water service connections from 889,000 in September last year in the East Zone, while it continues to make investments to ensure consistent water supply to nearly 100% of its customers. It also continues to invest in its new businesses outside the East Zone, particularly in Boracay, Clark, and Laguna where it has increased water connections to reach more customers while significantly reducing non-revenue water. Manila Water is also in the process of constructing its bulk water supply project in Cebu which is targeted to start operations in June 2014. In the meantime, the company’s international operations under Thu Duc Water BOO and Kenh Dong WS JSC have also contributed positively, accounting for 5% of net income. The Company is still awaiting final result of its 2013 Rate Rebasing exercise via an Arbitration process as stipulated in Concession Agreement in the East Zone. The Company has elevated the Rate Rebasing Determination in the East Zone to the Appeals Panel duly constituted under the Concession Agreement.

In the meantime, Manila Water is actively engaged in the relief efforts to help victims of Typhoon Yolanda. It has dispatched 9,000 Baso Water or potable water in sealed plastic cups together with relief goods for distribution to the typhoon victims particularly in badly hit towns of Tanauan, Dulag, Tolosa, and Palo in Tacloban. The company is also working closely with government authorities for possible deployment of a mobile water treatment plant to provide clean and potable water to severely affected communities.

Ayala’s telecom unit, Globe, sustained its growth momentum with consolidated service revenue up 10% to P67 billion driven largely by its mobile business. Mobile revenue expanded by 8% with postpaid delivering a solid growth of 20%, while prepaid held steadily. Revenue from the broadband and fixed line data segments also contributed to the top line growth. Globe’s mobile subscribers reached 36.5 million, a 14% expansion year-on-year. The continued growth in the postpaid subscriber base is attributed to the success of its customizable plans, the bundling schemes for the latest smartphone devices, as well as the expanded sales channels led by the Globe concept stores. Globe’s broadband subscribers also grew by 15% year-on-year to 1.9 million with broadband revenue expanding by 22% from a year ago. Fixed line data also sustained momentum with revenue up 12%. Globe’s reported net income reached P3.5 billion. Excluding the impact of the accelerated depreciation as a result of its ongoing network modernization program, core net income grew by 9% to P9.5 billion.

Globe sustained multiple damages to its cellsites in the Visayas region following the devastation brought by Typhoon Yolanda. Ongoing restoration efforts have yielded close to 50% of its communication lines in the Visayas which was serviceable as of November 11. A total of 520 2G/3G sites have been reactivated since the onslaught of the typhoon. Globe restored one serviceable site in Tacloban, the hardest hit province in the region. Globe is accelerating repair and rehabilitation efforts in partnership with key government institutions including the Phil. Air Force and the Phil. Navy to transport heavy network equipment, fiber optic cables and communication poles. Aside from Tacloban, some of the critical sites restored were in the provinces of Iloilo, Ormoc, Roxas, Leyte, and Boracay. Parallel to these efforts, Globe is also mobilizing Libreng Tawag and Libreng Charging stations to augment communication needs of residents in the typhoon-ravaged areas.

Ayala’s international businesses have sustained improvements in profitability.

Its electronics unit, Integrated Microelectronics, Inc. (IMI) reported net income in the first nine months of US$5.3 million, up 6% versus the same period last year, while revenue rose by 10% to US$547.1 million. IMI continued to grow steadily despite the weak global economic environment as it benefitted from the diversification strategy it undertook in previous years.

In the meantime, its business process outsourcing unit, LiveIt, achieved continued growth in revenue and profitability. For the first nine months of the year share of revenue increased by 14% year-on-year to US$288 million while share of earnings before interest, tax, depreciation and amortization (EBITDA) grew by 19% year-on-year to US$26.4 million.

The Ayala group has invested nearly P76 billion of its P 135.8 billion capital expenditure program allotted for this year. At the parent level, Ayala has committed P10 billion in investments thus far which includes its acquisition of an additional 10% stake in BPI and its initiatives in various power generation projects.

The company recently announced the issuance of P10 billion preferred shares, proceeds of which will be used to pre-pay higher costing debt and ensure sufficient funding source for its planned investments. At the end of September Ayala parent company had nearly P33 billion in cash and a low net gearing level with net debt to equity of 0.28 to 1.

The above statement pertains to the disclosure made today, November 14, 2013, to the SEC, PSE, PDex, by Ayala CFO Chito Gonzalez.

BULIG BISAYA | The Ayala group is responding to the crisis in the aftermath of Typhoon Yolanda through the restoration of vital services such as telecommunications and banking, as well as relief operations carried out by its companies and employees in cooperation with government agencies and partner organizations.

GROUPWIDE UPDATES

• The Ayala group has made an initial donation of P10 million to DSWD and various organizations.
• Business partners of Ayala companies have also pledged to donate in cash and in kind, including Mitsubishi Corporation (JPY 20,000,000, or approximately US$200,000 through Ayala Foundation); SingTel (S$50,000 for Globe’s relief operations); Optus (150 satellite phones); Amdocs (water purifying equipment); and Milestone Group (AU$5,000). Pledges are also coming in from employees of these partner companies including those of CII in Vietnam and Milestone.
• Ayala Aviation continues to transport personnel and relief goods from Manila/Cebu to Tacloban in support of the Ayala group’s relief efforts led by BPI and Globe, in coordination with Ayala Business Club (ABC) Cebu.
• Close to 60% of base stations in affected areas have been restored as of 6AM today. In the Visayas alone, 53% of 3G-enabled sites and 40% of 2G sites are now operational.
• In addition to Libreng Tawag, Libreng Charging, and Libreng Internet services already provided by Globe, the company has also deployed Cellsite on Wheels (COW) to Tacloban and Borongan.
• Addressing other areas, Ayala Land sent medical doctors to Iloilo. Manila Water shipped 150 boxes (8,560 cups) of Baso Water to Leyte to benefit the towns of Tanauan, Tolosa, Dulag, and Palo. Included in the shipment are 20 boxes of food, 20 boxes of bottled water, 30 boxes of clothes, and a sack of rice from its employees. ABC Cebu will send a generator set to Northern Cebu.
• For customers in Leyte, Samar, Cebu, Aklan, Antique, and Capiz, Globe is offering 25 free SMS per day that may be used for local and international messages, starting today until November 17. The initiative is in coordination with other telcos.
• In the Central Eastern Visayas area, 5 BPI branches remain closed, all in Leyte (3 in Tacloban, 1 in Ormoc, 1 in Baybay); all other BPI branches in Cebu, Batangas/Palawan, and Panay, and BPI Family Savings Bank branches in the VisMin area are operational with a few on offline mode.
• Ayala Foundation is taking the lead in mobilizing employees and the public for donations in cash and in kind.

DROP OFF POINTS FOR IN-KIND DONATIONS

Metro Manila

• Tower One and Exchange Plaza, Ayala Avenue, Makati City – Suite E2, Ground Floor
• Ayala Malls (Glorietta, Greenbelt, TrinoMa) – Concierge
• Manila Water – Headquarters in Quezon City, and 8 business area offices (Balara, Cubao, Marikina, Pasig, Mandaluyong, Makati, Taguig, and Rizal)
• BPI Building, Ayala Avenue, Makati City – BPI Head Office Canteen c/o BPI Foundation between 7 AM and 4:30 PM (Wednesday) and until 2 PM, November 14 (Thursday)

Cebu

• Ayala Center Cebu – Concierge

DONATE CASH FOR RELIEF EFFORTS

• Ayala Foundation’s Laging Handa and other channels – www.ayalafoundation.org
• BPI – Log on to www.bpiexpressonline.com > Payments & Reloading > eDonations
• Globe GCash – Dial *143#, select GCASH > Others > Donate. Or use the GCash mobile app on Android and Blackberry or go to www.globe.com.ph/gcashonline
• ADeals.ph – Purchase “donation vouchers” to be coursed through Ayala Foundation

For donations from outside the Philippines:

Ayala Foundation

Wire transfer to: Ayala Foundation, Inc
Account Number: 0014-0463-48
SWIFT Code: BOPIPHMM
Bank of the Philippine Islands
6768 Ayala Avenue cor. Paseo de Roxas Makati City 1226 Philippines

Or donate online at:
http://feedthehungryphil.org/ayala-foundation-inc/

BPI Foundation

Waived remittance fee until November 30, 2013 for donations sent through BPI Remittance Centers or BPI Europe Plc to:

BPI Foundation CA 0011-1530-89
Reference Number: YOLANDA-[Indicate Donor Name]
SWIFT Code: BOPIPHMM

For other advisories, follow @Ayala_1834 (Twitter) and Ayala Corporation(Facebook).