F - 2020 PSC Annual Report

COVER SHEET
0 0 0 0 1 0 8 4 7 6
S.E.C Registration Number
P H I L I P P I N E
S E V E N
C O R P O R A T I O N
(Company’s full Name)
7 t h F l r . T h e C o l u m b i a T o w e r
O r t i g a s A v e. M a n d a l u y o n g C i t y
(Business Address: No. Street City / Town / Province)
8724-44-41 to 53
Atty. Evelyn S. Enriquez
Company Telephone Number
Corporate Secretary
Contact Person
1 2 3 1 1 7 . A 0 7 3rd Thursday
Month Day FORM TYPE Month Day
Fiscal Year Annual Meeting
ANNUAL REPORT
Secondary License Type, if Applicable
Dept. Requiring this Doc. Amended Articles Number/Section
Total Amount of Borrowings
Total No. of Stockholders Domestic Foreign

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To be accomplished by SEC personnel concerned
File Number LCU
Document I.D. Cashier
STAMPS
Remarks = pls. use black ink for scanning purpose

SECURITIES AND EXCHANGE COMMISSION
SEC FORM 17-A
ANNUAL REPORT PURSUANT TO SECTION 17

OF THE SECURITIES REGULATION CODE
AND SECTION 141 OF CORPORATION CODE
1. For the fiscal year ended 2020
2. SEC Identification Number 108476
3. BIR Tax Identification No. 000-390-189-000
4. Exact name of registrant as specified in its charter PHILIPPINE SEVEN CORPORATION
5. Philippines
Province, Country or other jurisdiction of Incorporation or Organization
6. (SEC Use Only)

Industry Classification Code:
th
7. 7 Floor, The ColumbiaTower,
Ortigas Ave., MandaluyongCity 1550
Address of principal office Postal Code
8. (632) 8724-4441 to 53
Registrant’s telephone number, including area code
9. Not Applicable_______________________________________________________
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 of Common Stock

Outstanding
Common 756,418,283
11. Are any or all of these securities listed on the Philippine Stock Exchange.
Yes x No
Title of Class Total Shares Listed
Common Shares 756,418,283
2
12. Check whether the registrant:
(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 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 12 months (or for such shorter period that the registrant was required to
file such reports);
(b) Has been subject to such filing requirements for the past 90 days.
Yes x No
13. The aggregate market value of the voting stock held by non- affiliates of the registrant.
The aggregate market value of 250,458,112 shares of common stock is Php 30,004,881,817.60 based on the
bid price of P119.80. per share as of December 29, 2020, the last transaction date for the year under review.
DOCUMENTS INCORPORATED BY REFERENCE
(a) List of leased properties for the 7-Eleven Stores operational as Corporate and under a Franchise
Agreement (Appendix “A”);
(b) Management’s Discussion and Analysis of 2020 Operations as per Item 6 of SEC Form 17-A (Appendix “B”);
(c) Audited Consolidated Financial Statements for the year end December 31, 2020 showing the financial
condition of registrant as per Item 7 of SEC Form 17-A (Appendix “C”);
(d) 2020 Sustainability Report (Appendix “D”)
3
PART I – BUSINESS AND GENERAL INFORMATION
Item 1. Business
Philippine Seven Corporation (“PSC”) was registered with the Securities and Exchange Commission (“SEC”) on November
23, 1982. It acquired from Southland Corporation (now Seven Eleven, Inc. or “SEI”) of Dallas, Texas the license to operate 7-Eleven
stores in the Philippines in December 13, 1982. Operations commenced with the opening of its first store in February 29, 1984 at the
corner of Kamias Road and EDSA Quezon City, Metro Manila. Considering the country’s economic condition at that time, the
Company grew slowly in its first few years of existence.
In July 28, 1988, PSC transferred the Philippine area license to operate 7-Eleven stores to its affiliate, Phil-Seven Properties
Corporation (“PSPC”), together with some of its store properties. In exchange thereof, PSC received 47% of PSPC stock as payment.
Concurrent with the transfer, PSC entered into a sublicensing agreement with PSPC to operate 7-Eleven stores in Metro Manila and
suburbs. As part of PSPC’s main business, it acquired or leased commercial properties and constructed retail store buildings, leasing
the buildings to PSC on a long term basis together with most of the capital equipment used for store operations. In effect, PSC
concentrated on managing its stores and effectively took the role of a pure retailer.
In May 2, 1996, the stockholders of both PSC and PSPC approved the merger of the two companies to advance PSC group’s
expansion. In October 30, 1996, SEC approved the merger and PSPC was then absorbed by PSC as the surviving entity. With the
consolidation of the respective lines of business of PSC and PSPC, PSC’s retailing strengths were complemented by PSPC’s property
and franchise holdings. Their management as a single entity enhanced operational efficiency and strengthened ability to raise
capital for growth. PSC listed its shares (SEVN) in the Philippine Stock Exchange and had its initial public offering in February 04,
1998. The shares were offered at the price of P4.40 per share from its par value of P1.00 per share. In September 17, 1998, PSC
established Convenience Distribution Inc. (“CDI”), a wholly owned subsidiary, to provide logistics planning and services to its 7-
Eleven stores.
With the effectivity of the Retail Trade Liberalization Act (R.A. 8762) on March 25, 2000, foreign entities were allowed to
invest in an existing retail company subject to the requirements of the law. President Chain Store (Labuan) Holdings, Ltd. (PCSL), a
Malaysian investment holding company, purchased 119,575,008 common shares of PSC or 50.4% of PSC’s outstanding capital stock
at the price of P8.30 per share. The purchase was made under a tender offer during October 9 to November 7, 2000. PCSL is
affiliated with President Chain Store Corporation, which is also the 7-Eleven licensee in Taiwan. This provided a source for technical
support to strengthen PSC’s organizational structure and operating systems and pursue store expansion plans. A new affiliate, Store
Sites Holding, Inc., was also established on November 9, 2000, as the entity to own land properties. These land properties are leased
to PSC by SSHI.
PSC’s area license to operate 7-Eleven Stores in the Philippines was renewed in August 31, 2007 for another term of 20
years, renewable every 10 years. The Renewal Area License Agreement has been approved by and registered with the Intellectual
Property Office as of September 25, 2007.
PSC initiated the establishment of PhilSeven Foundation, Inc. (PFI) in October 2, 2007 to support its corporate social
responsibility programs. PFI’s BIR certificate of registration as donee institution was renewed in August 2018 for another 3 years or
until 2021 and its DSWD certificate of registration was renewed last April 22, 2019 for another 3 years or until 2022. On October 10,
2013, PFI joined the League of Corporate Foundations, Inc.
The Bangko Sentral ng Pilipinas (BSP) issued a certificate of registration to PSC as Remittance and Transfer Company -Type
A Remittance Agent on October 20, 2017. Subsequently, on May 17, 2020, PSC was registered as an Operator of Payment System
(OPS) in the Philippines.
As of December 31, 2020, the Company has a total of 3,247 direct hires and augments its temporary needs during peak
hours or season in the stores and the support services units with cooperative members. There is no existing labor union in the
company and collective bargaining agreement. There is a PSC Employees’ Council which communicates to management the
employees concerns. There has been no strike or threat to strike from the employees for the past three years.
The Company provides supplemental benefits or incentives to its employees such as: retirement benefit plan, health card,
group life and accident insurance plan, various employee programs and recognition of top performing employees and service awards
among others.
Recognizing the need of employees for growth, training and development programs are regularly provided by PSC across
all levels. For Senior Management and Officers, the company conducts a Leadership Academy & Mentor’s Leadership Training
Program with the objective in line with the Company’s succession planning program. In-house trainings on leadership skills,
products, basic negotiation, change management, retailer initiative and basic operating and quality assurance procedures are also
provided by the Company to employees. These are offered periodically based on the annual training calendar every month or
quarterly. In-house trainings are designed to augment and develop the employees’ skills and competencies.
4
The top risks in the retail industry to which PSC belongs include increase in competition, brand reputation and business
operations/supply chain continuity. Meanwhile, the main risks arising from the Company’s financial instruments are credit risk,
liquidity risk, and interest rate risk.
The Audit & Risk Committee ensures the integrity of internal control activities, develops, oversees, checks and pre-
approves financial management functions and systems in the areas of credit, market, liquidity, operational, legal and other risks and
crisis management. The Internal Audit Division and the External Auditor directly report to the Audit & Risk Committee regarding the
direction, scope and coordination of audit and any related activities.
The emergence of the new coronavirus (COVID-19) has created a global pandemic. This has affected major economies and
threatened the capacity of health care systems. None of the companies expected the severity of the impact of the COVID-19
Pandemic which blazed across all countries at the start of Y2020. Towards the end of the first quarter of 2020, most of the country
was placed under strict lockdown, one of the longest and most stringent in the world. Various levels of community quarantine were
imposed until the end of the year which affected supply-chain and the movement of individuals due to limited public transportation
and curfew. The Company’s business continuity plan immediately was set in motion to address the same.
At year-end, PSC is operating 2,978 stores, 1,610 of which are franchise stores and the remaining 1,368 are company-
owned stores. The store franchise contracts have an average term of 5 years each. The stores under franchise are indicated in the
store list provided in the discussion of Leases herein.
PSC continually observes the activities of competitors in the relevant market, which operate in various retail formats, all
selling typical products and services for c-stores (branded foreign/ local or generic), mini-marts, gas marts, drugstore-marts,
groceries, supermarkets (including their express or junior or smaller formats), and other hybrid stores. 7-Eleven estimates its market
share within the CVS industry at 30% in terms of store count and 2.7% share against other retail channels in the Philippines.
Entry of foreign brand C-Stores increased in 2014 and a number of other generic or hybrid stores or grocery stores
including gas marts continue to be present. PSC has forged a non-exclusive tie-up with Chevron Philippines Inc. in August 2009 for
opening of 7-Eleven stores in selected Caltex gas stations, reaching 102 7-Eleven Stores as of 2020. The Company continues to
sustain its leadership by putting stores in strategic locations, carrying product assortment fit for such market.
PSC responds to emerging competition through the launch of innovative products and services. The continuous
improvement of the Corporation’s supply chain generates further efficiencies to effectively compete with the entry of other players
in the small retail format space. The successful franchise program is another move to achieve the expansion plans and to sustain
leadership in the CVS industry. The Company continued to expand operations of its 7-Eleven Stores in Visayas and Mindanao, and
now has a total of 432 and 285 stores, respectively. PSC will continue to expand in these regions to widen its lead from competition,
further attain economies of scale and serve emerging markets. However, with the onset of the COVID-19 Pandemic, the focus was
redirected to business continuity measures to cope with the strict community quarantine regulations and for the safety of its
stakeholders, particularly its store frontliners and franchisees. The adverse and lingering impact of the COVID-19 Pandemic made
PSC re-assess its market development strategy for the year as PSC is temporarily scaling back on store expansion.
The average number of customers that transact in the stores is about 900 to 1000 per day per store with an average
purchase transaction of P64.00. For 2020, due to community quarantines and curfew imposed from time to time which limited
operating hours, the average number of customers was at 532 per day per store while the average purchase transaction increased
to P89.02. The stores carry a wide range of beverages, food service items, fresh foods, hot foods, confectioneries, personal care
products, groceries and innovative services. This is in line with the Company’s mission of providing modern convenience. The
COVID-19 pandemic has greatly shifted consumer demand and preferences. As such, stores added essential products and enhanced
food service offerings (i.e. take home and ready-to-eat food) to respond to the immediate needs of the customers. True to its
mission of making daily life easier by providing modern convenience, PSC is also accelerating its digital strategy in the areas of e-
commerce and payments. With its CLiQQ mobile app, it remains to be the most preferred channel for e-money and bills payment as
it recognizes the continued shift towards innovation, convenience and safety. Also offered in the store are proprietary product lines
under the 7-Eleven trademark such as but not limited thereto:
TRADEMARKS DESCRIPTION OF PRODUCT REGISTRATION DATE STATUS
Frozen carbonated beverage, prepared with a

19 August 1992
1. SLURPEE variety of high-quality syrups, properly mixed, and Renewed as of 19 August 2012
(logo)
served in standardized, trademark SLURPEE cups
15 November 1992
2. BIG BITE Sandwiches, hotdogs and buns Renewed as of 22 August 2014
(logo)
5
Post-mix fountain beverage, prepared with a 16 November 1992
3. BIG GULP Renewed as of 16 November 2012
variety of high-quality syrups (logo)
Composed of 2 formats: post mix and juice bubbler

1. Post mix - carbonated soda fountain prepared
28 August 2005
4. GULP with a variety of high-quality syrups Renewed as of 28 August 2015
(logo)
2. Juice bubbler - instant juice served from
bubblers
Private-label products with items such as nuts, 14 November 2013 Registered for 10 years from 14 November
5. 7-SELECT
party needs, popcorn, tissue, and wet wipes (logo) 2013 to 14 November 2023
05 November 2009
Triangular and toasted sandwiches, stuffed Renewed as of 05 November 2019
(word mark)
6. 7-FRESH pandesal and other buns, Japanese snacks and
desserts of high-quality ingredients 26 November 2009
Renewed as of 26 November 2019
(logo)
27 August 2009
Renewed as of 27 August 2019
Platform for bills, tickets or e-commerce that (word mark)
7. 7-CONNECT
enables cash payment convenience for customers 17 December 2009
Renewed as of 17 December 2019
(logo)
PSC also sells its developed or own branded products/services under the following trademarks:
TRADEMARKS DESCRIPTION REGISTRATION DATE STATUS OF REGISTRATION

Registered for 15 years
1. HOTTARICE Ready-to-eat rice meals with different variants 28 July 2016
(23 February 2009 to 23 February 2024)
2. BUSOG MEALS Budget rice meals 31 July 2014
(14 January 2014 to 14 January 2024)
3. BIG TIME Registered for 10 years
Rice meals 23 April 2015
MEALS (23 April 2015 to 23 April 2025)
Pinoy rice meal variants that can be bought without Registered for 10 years
4. HOTTAULAM! 28 July 2016
rice (28 July 2016 to 28 July 2026)
5. CHEF Registered for 10 years
Affordable, Chef-quality meals 16 April 2015
CREATIONS (16 April 2015 to 16 April 2025)
6. HOT POT Stewed savory snack with different variants 27 November 2014
(27 November 2014 to 27 November 2024)
Ready-to-eat meals comprised primarily of poultry, Registered for 10 years
7. CRUNCH TIME 16 June 2019
meats, sea foods and vegetables (16 June 2019 to 16 June 2029)
8. FLAVORITES Food seasonings, food flavoring 15 August 2019
(15 August 2019 to 15 August 2029)
9. SOFT BITES Bread and bakery line 26 February 2015
(26 February 2015 to 26 February 2025)
10. BUTTERY SOFT Tagline for Soft Bites 03 December 2015
(03 December 2015 to 03 December2025)
11. FUNDAE Registered for 10 years
Ice cream/Sundae 17 September 2015
CONE (17 September 2015 to 17 September 2025)
12. FUNDAE Registered for 10 years
Yogurt in a cup 21 May 2015
FROYO (21 May 2015 to 21 May 2025)
13. FUN Registered for 10 years
7-Eleven tagline for Fundae 24 September 2015
INTENDED (24 September 2015 to 24 September 2025)
26 February 2015 Registered for 10 years
On-the-go premium coffee
14. CITY (Class 30) (26 February 2015 to 26 February 2025)
BLENDS 12 July 2020 Registered for 10 years
Restaurant/café for providing hot & cold beverages
(Class 43) (12 July 2020 to 12 July 2030)
15. CITY
Represents premium line for coffee product ‘City Registered for 10 years
BLENDS 09 July 2015
Blends (09 July 2015 to 09 July 2025)
PRIMA
16. HONEST-TO-
GOODNESS 7-Eleven tagline for the coffee items 17 December 2015
(17 December 2015 to 17 December 2025)
COFFEE
09 August 2020 Registered for 10 years
(Logo) (09 August 2020 to 09 August 2030)
Coffee, tea, & artificial coffee; Restaurant/café for
17. BEAN HERE
providing hot & cold beverages
25 September 2020 Registered for 10 years
(word mark) (25 September 2020 to 25 September 2030)
6
18. EVERY DAY! 7-Eleven corporate tagline 22 December 2016
(22 December 2016 to 22 December 2026)
Provides a fun and interactive all-in-one kiosk that 26 February 2015 Registered for 10 years
caters a wide range of services (Logo) (26 February 2015 to 26 February 2025)
19. CLIQQ 10 September 2015 Registered for 10 years
(word mark) (10 September 2015 to 10 September 2025)
7-Eleven’s loyalty program
29 June 2017 Registered for 10 years
(Plain word mark) (29 June 2017 to 29 June 2027)
20. LIFE’S EASIER Registered for 10 years
7-Eleven tagline for the loyalty program 02 October 2015
IN A CLICK! (02 October 2015 to 02 October 2025)
21. CLIQQ Registered for 10 years

Freight and courier services 05 April 2018
EXPRESS (05 April 2018 to 05 April 2028

22. QQCODE Code for virtual everyday rewards card 17 September 2015
(17 September 2015 to 17 September 2025)
Providing multiple user wireless access to the Registered for 10 years

23. QCODE 19 April 2018
Internet (19 April 2018 to 19 April 2028)
Further, the products or services carried by the stores as described above are generally categorized as General
Merchandise which accounts for 78.88%, Food Service & Cup Drinks for 17.60%, and Bills Payments and Information &
Communication Technology (ICT) Services for 3.52%.
The merchandise stocks are supplied by over 400 vendors/suppliers and are mostly governed by the trading terms contract
and accreditation standards of the Company. Among the largest suppliers for the products carried by the stores are Unilever RFM
Ice Cream Inc., PMFTC Inc., Universal Robina Corporation., Absolute Sales Corporation, Coca Cola Beverages Philippines, Inc., San
Miguel Brewery Inc., Pepsi Cola Products Philippines Inc., JT International Philippines Inc., Monde Nissin Corp. and Nestle Philippines
Inc. These top suppliers account for 43.01% share in the 7-Eleven business.
Item 2. Properties
The following properties are company-owned, free from any lien or encumbrances, as described below:
Condominium (Owned)
TOTAL LOTAREA
DESCRIPTION LOCATION
(in square meter)
Unit Nos. 102 & 201, Ferguson Tower, A. Flores cor. MH del Pilar & Guerrero Sts.,
MH del Pilar Store Branch 151.43
Ermita, Manila
th th th
All units of 7 Floor, 4 units of 11 Floor and 1 unit of 12 Floor, The Columbia Tower
Office Space 1,954.00
Ortigas Avenue, Mandaluyong City
22 parking units G/F, Basement 2 and 3, The Columbia Tower Ortigas Avenue, Mandaluyong City 325.00
The Company divested its land holdings to 7 parcels of land, excluding the improvements thereon, to its affiliate, Store
Sites Holding, Inc. (SSHI) at book value. SSHI was registered with the SEC last November 9, 2000, initially wholly-owned by PSC. It
eventually became 40% Company-owned with the 60% investment in SSHI by Bank of Philippine Islands as trustee for PSC Employees
Retirement Fund. Anticipating foreign ownership in PSC to exceed 40%, the divestment was made to SSHI, which is 60% owned by
Filipinos and 40% by foreigners to comply with the 40% foreign ownership limit for corporations allowed to hold or own land/s in the
Philippines.
As part of the normal course of business, the Company shall continue to acquire properties under lease agreement. The
Company, on a case to case basis, may consider purchase of real property for store sites or office site if there is an opportunity or
offer at a reasonable price. However, there is no capital expenditure allocation for purchase of real properties in the next twelve (12)
months.
7
Leases
The Company leases land or existing building shell for its establishment of 7-Eleven stores. The lease term for these
locations ranges mostly from 5 to 10 years. The numbers of locations which shall expire within the next 5 years are as follows:
2021 2022 2023 2024 2025

261 300 375 364 250
Rental rates of 7-Eleven Stores vary depending on transaction type as land or building shell transaction; size of the area
being leased; site location in relation to the trade area; and the prevailing real estate market rates. The total amount of lease
payments by the Corporation is contained in the Financial Notes on Leases of the audited financial statements attached herein. The
list of leased properties for the 7-Eleven Stores operational as Corporate and under a Franchise Agreement is attached hereto as
Appendix “A”.
Item 3. Legal Proceedings
The Company is a party to certain litigations involving minor issues, from time to time, before the Department of Trade and
Industry, employees suing for illegal dismissal, back wages and damage claims, claims arising from store operations and as co-
respondents with manufacturers on complaints with BFAD, actions on leases for specific performance and other civil claims. The
Company also filed criminal cases against employees and other persons arising from theft, estafa and robbery; civil claims for
collection of sum of money, specific performance and damages. All such cases are in the normal course of business and are not
deemed or considered as material legal proceeding as stated in Part I, Paragraph (C) of “Annex C” of SEC checklist 17-A.
Item 4. Submission of Matters to a Vote of Security Holders
Except for the matters taken up during the Annual Stockholders’ Meeting held last July 16, 2020, there was no other
matter submitted to a vote of security holders during the period covered by this report. No other stockholders’ meeting was held for
the period ending December 31, 2020.
PART II - OPERATIONAL AND FINANCIAL INFORMATION
Item 5. Market for Issuer’s Common Equity and Related Stockholder Matters
Market Information
The Company’s common shares were listed in the Philippine Stock Exchange (PSE) on February 04, 1998.
The public ownership level of the Company’s shares is 33.11 % as of December 31, 2020. This is above the minimum public
ownership requirement of 10%.
The trading record of the Company’s shares as of December 31, 2020 and 2019 are as follows:
December 31, 2019

Month Open High Low Close Volume
1st Quarter 125.00 140.00 114.10 125.00 25,690
2nd Quarter 123.00 141.00 110.00 136.00 390
rd
3 Quarter 140.00 164.00 125.00 140.00 710
4th Quarter 140.00 160.00 130.00 142.00 1,530
December 31, 2020

st
1 Quarter 128.70 130.00 128.70 130.00 29,920
2nd Quarter 125.00 129.00 125.00 129.00 57,460
3rd Quarter 115.80 115.80 112.00 115.60 71,280
th
4 Quarter 118.00 119.80 118.00 119.80 39,110
8
Latest Trading – updated as of April 2021
January 29, 2021 104.00 106.50 102.00 102.00 61,570
February 26, 2021 103.80 103.80 98.00 98.30 37,230
March 31, 2021 92.00 92.00 91.50 92.00 62,670
April 05, 2021 91.50 98.50 91.50 98.50 501,130
April 06, 2021 95.00 95.10 95.00 95.00 214,140
April 07, 2021 98.00 99.90 96.50 99.90 11,140
April 08, 2021 100.00 100.00 98.00 98.00 350
April 12, 2021 98.5 98.65 96.10 98.65 292,610
April 13, 2021 99.00 100.00 96.50 100.00 3,520
April 14, 2021 97.00 102.70 97.00 102.70 4,410
Dividends and Dividend Policy
PSC considers the benefit of its shareholders as one of its priority management policies. It aims to sustain revenue stream
and progressive growth to further enhance shareholder value. PSC shall continue to return capital to shareholders through a
sustainable dividend policy. Effective 2015, the Company intends to pay at least 20% of annual net profits by way of cash dividends.
This considers future capital requirements and potential growth opportunities. The Board regularly reviews the dividend policy,
including the frequency of distribution, taking into account all of the above.
Dividends to be paid in cash by the PSC are subject to approval by a majority of the Board of Directors and no further
approval from the PSC’s shareholders is required. Dividends to be paid in the form of stock requires both the approval of a majority
of the Board of Directors and the approval of shareholders representing not less than two-thirds of PSC’s outstanding capital stock.
All dividends to be declared are subject to the approval of the SEC. There are no known restrictions to the PSC’s ability to pay
dividends on shares.
As per SEC Rules, cash dividends declared by a stock corporation must have a record date not less than 10 or more than 30
days from the date the cash dividends are declared. With respect to stock dividends, the record date shall be not less than 10 or
more than 30 days from the date of shareholders’ approval, provided however, that the set record date is not to be less than 10
trading days from receipt by the PSE of the notice of declaration of stock dividend. In the event that a stock dividend is declared in
connection with an increase in authorized capital stock, the corresponding record date is to be fixed by the SEC.
Cash dividend of Thirty Centavos (Php0.30) per share was declared and approved during the board of directors meeting
last July 16, 2020. Stockholders of record as of August 04, 2020 were entitled to said cash dividend and the corresponding cash
payments were paid to stockholders on payment date last August 14, 2020 or within 30 days from cash dividend declaration.
Total outstanding capital stock of the Corporation is 756,418,283. Likewise, there was no sale of any unregistered
securities. There is no restriction that limits the ability of the Company to pay dividends on common equity. Below is the summary of
cash and stock dividend declaration of the Corporation.
YEAR CASH AMOUNT STOCK NO. OF SHARES

2020 0.30 226,925,485.00 - -
2019 0.50 378,209,142.00 - -
2018 0.43 325,259,862.00 - -
2017 0.65 297,982,960.00 65% 297,982,960
2016 0.55 252,139,428.00 - -
2015 0.40 183,374,129.00 - -
2014 0.30 137,530,597.00 - -
2013 0.10 39,863,941.00 15% 59,795,912
2012 0.10 34,664,297.00 15% 51,996,445
2011 0.10 30,142,867.00 15% 45,214,300
2010 0.05 14,353,746.00 5% 14,353,746
2009 - - 10% 26,097,720
2008 - - 10% 23,725,200
9
Holders
As of December 31, 2020, there were 596 shareholders of the Company’s outstanding common shares totaling
756,418,283 shares.
The top 20 shareholders and their corresponding shareholdings as of December 31, 2020 are as follows:
TOP 20 SHAREHOLDERS CITIZENSHIP SUBSCRIPTION % HOLDINGS
1 President Chain Store (Labuan) Holdings, Ltd. Malaysian 394,970,516 52.22%
2 PCD Nominee Corporation (Non-Filipino) Non-Filipino 112,380,707 14.86%
3 Arisaig Asia Consumer Fund Ltd. BVI 79,233,591 10.47%
4 Asian Holdings Corporation Filipino 48,933,972 6.47%
5 Agus Development Corporation Filipino 20,376,362 2.69%
6 Progressive Development Corp. Filipino 17,342,411 2.29%
7 Jose Victor P. Paterno Filipino 16,472,569 2.18%
8 Maria Cristina P. Paterno Filipino 13,200,074 1.75%
9 Ma. Elena P. Locsin Filipino 11,488,181 1.52%
10 PCD Nominee Corporation (Filipino) Filipino 11,404,602 1.51%
11 Paz Pilar P. Benares Filipino 8,182,368 1.08%
12 Ma. Teresa P. Dickinson Filipino 6,613,711 0.87%
13 Maria Henrietta R. Santos Filipino 3,352,643 0.44%
14 Seven Eleven, Inc. (Formerly: The Southland Corp) American 2,942,360 0.39%
15 Dante G. Santos Filipino 2,925,930 0.39%
16 Antonio Jose U. Periquet Jr. Filipino 2,000,002 0.26%
17 Manuel U. Agustines Filipino 1,342,696 0.18%
18 Felicia R. Santos Filipino 258,428 0.03%
19 Luis Y. Locsin Filipino 191,242 0.03%
19 Leandro Y. Locsin Jr. Filipino 191,242 0.03%
20 Philippine Seven Corporation - ESPP Filipino 166,055 0.02%
TOTAL OF TOP 20 SHAREHOLDERS 753,969,662 99.68%
OTHER SHAREHOLDERS 2,448,621 0.32%
TOTAL 756,418,283 100.00%
Recent Sales of Unregistered or Exempt Securities, including Recent Issuance of Securities Constituting an Exempt Transaction
PSC does not have any recent sales of unregistered or exempt securities including recent issuances of securities
constituting an exempt transaction.
Item 6. Management’s Discussion and Analysis or Plan of Operation
The Management’s Discussion and Analysis of 2020 Operations is attached hereto as Appendix “B”.
Item 7. Financial Statements
The Company’s Audited Financial Statements for the year ending December 31, 2020 is attached hereto as Appendix “C”.
Item 8. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
There are no changes or disagreements with external accountants on matters concerning adoption of generally accepted
accounting practices under the Philippine Financial Reporting Standards and the corresponding reporting and disclosure
requirements.
Information on independent accountant and other related matters
External audit fees and services
10
The following table summarizes the fees paid or accrued for services provided by our external auditors for the fiscal years
ended December 31, 2020 and 2019:
2020 2019
(in millions)
Audit Fees P3.79 P4.58
Tax Fees 0.86 0.63
All Other Fees 1.46 0.97
Total P6.11 P6.18
Audit Fees. During the years 2020 and 2019, the Company had engaged the professional services of SyCip, Gorres, Velayo
& Co. (SGV). The Company incurred and accrued an aggregate audit fee of P3.79 million in 2020 for the said engagement. This
covers the annual and quarterly examination of the Company’s financial statements in accordance with the Philippine Standards on
Auditing (PSA). The auditors also provide a discussion of findings and recommendations, which is intended to improve the
Company’s accounting and reporting practices. Further, SGV also provides discussions on recent pronouncements made by the BIR
and the SEC.
Tax Services. This category refers to the tax compliance, advisory services and assistance on BIR examination rendered by
tax lawyers and consultancy firm.
All Other Fees. This consists primarily of fees for agreed-upon procedures and accounting support in connection with the
implementation of recently issued Philippine Financial Reporting Standards (PFRS) 9, 15 and 16.
The fees presented above include out-of-pocket expenses incidental to our independent auditors’ work.
The audit and risk committee’s approval policies and procedures for external auditors are as follows:
1. Statutory audit of the Company’s annual financial statements.

a) The Audit & Risk Committee ensures that the services of the external auditor conform to the provision of the
Company’s manual of corporate governance.
b) The Audit & Risk Committee approves the audit plan and scope of audit presented by the external auditor before
the conduct of audit. The audit plan is derived from series of discussions and pre-audit planning session with
Management.
c) The Audit & Risk Committee reports the approved audit plan and scope to the Board of Directors.
2. For other services other than the audit of the annual financial statements.
a) The Audit & Risk Committee evaluates the necessity of the proposed services presented by Management taking
into account the following factors:
i. The impact of new tax and accounting regulations and standards.
ii. Cost and benefit of the proposed undertaking.
b) The Audit & Risk Committee approves and ensures that other services provided by the external auditor shall not
be in conflict with the functions of the external auditor for the annual audit of its financial statements.
PART III – CONTROL AND COMPENSATION INFORMATION
Item 9. Directors and Executive Officers of the Issuer
a) Directors and Corporate Officers
The Board of Directors is responsible for the overall management and direction of the Corporation. The Board meets at
least thrice every year or as needed to review and monitor the Corporation’s financial position and operation.
The eleven (11) directors of the Company are elected at the Annual Stockholders meeting to hold office until the next
succeeding annual meeting or until their respective successors have been elected and qualified. The Chairman of the Board and the
President are separate individuals. Mr. Jose T. Pardo serves as the Chairman of the Board and Mr. Jose Victor P. Paterno serves as
President and Chief Executive Officer (CEO). The members of the Board of Directors and corporate officers of the Company as of
December 31, 2020 are the following:
11
1. JOSE T. PARDO
Age: 82; Nationality: Filipino; Gender: Male;
Personal Information Current Position in PSC: Chairman of the Board & Independent Director; No. of Years in PSC: 6 yrs.;
First Election to the Position: Jan. 20, 2015; Last Election: July 16, 2020
 Chairman & Independent Director - Philippine Seven Corporation; Philippine Stock Exchange; Philippine
Affiliations in Publicly Listed Savings Bank
Companies (PLCs)  Independent Director - Synergy Grid and Development Philippines, Inc. (non-operating)
 Independent Director - JG Summit Holdings, Inc.
 Chairman & Independent Director - Securities Clearing Corporation of the Philippines; Bank of Commerce
 Independent Director – ZNN Radio Veritas; Monte Oro Grid Resources Corporation; Araneta Hotels, Inc.;
Affiliations in Non-PLCs
National Grid Corporation of the Philippines; League One Finance and Leasing Corporation; Del Monte
Philippines, Inc.
 Doctor of Humanities, Honoris Causa, Gregoria Araneta University Foundation
 Observation Grant to France on Promotion and Financing of Small and Medium Scale Enterprises
 Awarded a Fellowship Grant to the United States on the Development of Small Medium Scale Industries
 Master’s Degree in Business Administration, First Graduate under the Harvard-DLSU Advisory Program,
De La Salle University, Manila, Philippines
 Bachelor of Science in Commerce, De La Salle University, Manila Philippines
Educational Background &  Awards - The Outstanding Filipino (TOFIL) Award (2012); La Sallian “Masters” Award, De La Salle
Achievements/Awards University (2010); Distinguished La Sallian, De La Salle University (2006); Man of the Year Awardee 2000,
Catholic Educators Association of the Philippines (2001); Productivity Excellence in Leadership-Industry
Sector, Asian Productivity Organization Society of the Philippines (1997); Outstanding Alumnus Awardee,
De La Salle University Graduate of School of Business (1994); Papal Knight of St. Sylvester (1983);
Honorary Fellow, Asian productivity Organization, Tokyo Japan (1981); The Outstanding Young Men
(TOYM) Awardee (1972); President Roxas Memorial Award (1972); Founding Fellow, Development
Academy of the Philippines (DAP); Citation as Monetary Board Member, Central Bank of the Philippines;
Outstanding Rotarian Award, Rotary Club District 380
2. JUI-TANG CHEN
Age: 62; Nationality: R.O.C.; Gender: Male;
Personal Information Current Position in PSC: Vice Chairman & Director; No. of Years in PSC: 8 yrs.;
First Election to the Position: November 13, 2012; Last Election: July 16, 2020
 Vice Chairman & Director - Philippine Seven Corporation
Affiliations in PLCs
 Director - Uni-President Enterprises Corporation; President Chain Store Corporation
 Chairman & President - Ren-Hui Investment Corporation
 Chairman - President Lanyang Art Corporation; President Transnet Corporatioon; President Collect
Services Corporation; Uni-President Superior Commissary Corporation; Kai Ya Food Co., Ltd.
 Director - PCSC (China) Drugstore Ltd.; President Chain Store (Hong Kong) Holdings Ltd.; Uni-President
Logistics (BVI) Holdings, Ltd.; Uni-President Development Corp.; President International Development
Corp.; Nanlien International Corporatio ; President Fair Development Corp.
Educational Background &
 Bachelor’s Degree in Economics, Department of Economics, National Taiwan University
Achievements/Awards
3. JOSE VICTOR P. PATERNO

Age: 53; Nationality: Filipino; Gender: Male;
Personal Information Current Position in PSC: President/CEO and Director; No. of Years in PSC: 16 yrs.;
First Election to the Position: June 21, 2005; Last Election: July 16, 2020
 Director & CEO - Philippine Seven Corporation
 Independent Director – Max’s Group, Inc.
 Chairman & President – Convenience Distribution, Inc.
 Chairman & President – Store Sites Holding, Inc.
 Chairman and Trustee - PhilSeven Foundation, Inc.
 Chairman – Supply Chain Networks, Inc.
 President – First MFI Network, Inc.
 Director – The Straits Wine Company, Inc.
 Board Co-Chair (Retailer) - ECR Philippines
 VP - National Chapter Development, Philippine Franchise Association
 Member - Management Association of the Philippines; Makati Business Club; Young Presidents
Organization
 BS Mechanical Engineering (Magna Cum Laude), Lehigh University, Bethlehem Pennsylvania, USA
Achievements/Awards  Awards - CEO Excel Award, International Association of Business Communicators (IABC), 2013 CEO Excel
Awards; Master Entrepreneur Award, 2012 Ernst & Young Entrepreneur of the Year Awards
12
4. JORGE L. ARANETA
Age:84; Nationality: Filipino; Gender: Male;
Personal Information Current Position in PSC: Director; No. of Years in PSC: 32 yrs.;
First Election to the Position:1988; Last Election: July 16, 2020
Affiliations in PLCs  Director - Philippine Seven Corporation
 Chairman & CEO – Araneta Group
Affiliations in Non-PLCs  Chairman of the Board - Araneta Center Inc.; Progressive Development Corporation; Uniprom, Inc.;
Philippine Pizza Inc.
 Bachelor of Science in Business Administration, University of the Philippines
 Awards - People Asia Magazine’s 2016 People of the Year Awardee; President’s Award as Pioneer of
Retail Entertainment, Philippine Retailers Association; UP College of Business Administration 2005
Distinguished Alumni Awardee; Franchisee Awardee of the Year, 2003 and 2002, Philippine Pizza, Inc.;
Educational Background & Top 5 Best Employer in Asia/Philippines, 2003, Hewitt Associates/Wall Street Journal/MAP; David Novak
Achievements/Awards YUM Award, 2000; Plaque of Merit from Quezon City Chamber of Commerce and Industry, Inc. as
Recognized Business Leader of Quezon City; Plaque of Appreciation for Outstanding Contribution from the
Consular Corps and Diplomatic Corps of the Philippines; Plaque of Appreciation from De La Salle
University on the occasion of the establishment of the Don J. Amado Araneta Distinguished Chair of
Financial Management
5. MA. CRISTINA P. PATERNO

Age:50; Nationality: Filipino; Gender: Female
First Election to the Position: July 30, 2015; Last Election: July 16, 2020
 Director - Philippine Seven Corporation
 Marketing Asst., Advertising & Promotions - Philippine Seven Corporation (1993-1999)
 President - Philippine National Committee, International Council on Monuments and Sites (2017-present)
 President - T. Paterno Conservation, Inc. (2011-2019)
Affiliations in Non-PLCs  Executive Director - San Sebastian Basilica Conservation and Development Foundation, Inc. (2011-2016)
 Independent Consultant for Building & Art Restoration (2009-2010) - The Cloisters, Metropolitan Museum
of Art, New York, NY; Sta. Ana Church, Sta. Ana Manila; 929-933; Broadway, New York, NY
 M.S. Historic Preservation, University of Pennsylvania, USA
 B.A. Humanities, Ateneo de Manila University, Philippines
Achievements/Awards
 Intensive Spanish Language Program, Universidad Complutense, Madrid
6. ANTONIO JOSE U. PERIQUET, JR.

Current Position in PSC: Independent Director; No. of Years in PSC: 10 yrs.;
Personal Information
(Based on SEC MC 19, S. 2016 and SEC MC 11, S. 2011, 2012 as start of count of ID term: 9 years)
 Independent Director - Philippine Seven Corporation; Ayala Corporation; DMCI Holdings, Inc.; Bank of the
Philippine Islands; Max’s Group, Inc.; Semirara Mining and Power Corporation
 Chairman - Pacific Main Holdings, Inc; Campden Hill Group, Inc.; Campden Hill Advisors, Inc., BPI Asset
Management and Trust Corporation
Affiliations in Non-PLCs  Director - The Straits Wine Company, Inc
 Independent Director - BPI Capital; BPI Family Ban; Albizia ASEAN Tenggara Fund; ABS-CBN Corporation;
 Trustee - Lyceum University of the Philippines
 AB Economics, Ateneo de Manila University
 MSc Economics, Oxford University
Achievements/Awards
 MBA, University of Virginia
7. MICHAEL B. ZALAMEA
Current Position in PSC: Independent Director; No. of Years in PSC: 15 yrs.;
Personal Information
(Based on SEC MC 19,S 2016 and SEC MC 11, S. 2011, 2012 as start of count of ID Term: 9 years)
Affiliations in PLCs  Independent Director - Philippine Seven Corporation
 Director - Campden Hill Advisors, Inc; Wespac Holdings, Inc; The Straits Wine Company, Inc.; Vertere
Affiliations in Non-PLCs Global Solutions, Inc.; Vertere Venture Capital, Inc.
 Trustee - The Beacon Academy
Educational Background &  BS in Finance, Fordham University USA
Achievements/Awards  MBA, University of Virginia
8. LIEN-TANG HSIEH
Age:60; Nationality: R.O.C.; Gender: Male;
First Election to the Position: November 13, 2012; Last Election: July 16, 2020
 Vice President - President Chain Store Corporation
13
 Chairman - Mister Donut Taiwan Co., Ltd.; Duskin Serve Taiwan Co., Ltd.
 Director - President Chain Store Tokyo Marketing Corporation; Books.com Co., Ltd.; President Transnet
Affiliations in Non-PLCs Corporation; President Collect Services Corporation; Uni-President Cold-Chain Corporation; President
Chain Store Good Neighbor Foundation; Ren Hui Holding Co., Ltd.; Retail Support International
Corporation
Educational Background &  Bachelor’s Degree in Business Administration, Department of Business Administration, Chinese Culture
Achievements/Awards University
9. JUI-TEN HUANG
Personal Information Current Position in PSC: Director; No. of Years in PSC: 3yrs.;
 President & Director - President Chain Store Corporation
 Chairman - iCASH Corporation; Capital Marketing Consultant Corporation; Tait Marketing &
Distribution Co., Ltd.; President Chain Store Tokyo Marketing Corporation; Wisdom Distribution Service
Corporation; Beauty Wonder (Zhejiang) Trading Co., Ltd.; President (Shanghai) Health Product Trading
Company, Ltd.
 President & Director - President Pharmaceutical (Hong Kong) Holdings Limited
 Director - President Information Corporation; President International Development Corporation; Retail
Support International Corporation; Uni-President Cold-Chain Corporation; Shan Dong President Yinzuo
Affiliations in Non-PLCs Commercia, Ltd.; RenHui Holding Co., Ltd.; Books.com Co., Ltd; Uni-Wonder Corporation; President
Chain Store (Shanghai,) Ltd.; President Chain Store (Zhejiang,) Ltd; President Chain Store (Hong Kong)
Holdings, Ltd.; PCSC (China) Drugstore, Ltd.; President Pharmaceutical Corporation; President Fair
Development Corporation; President Drugstore Business Corporation; President Transnet Corporation;
President Collect Services Co., Ltd.; President Chain Store (BVI) Holdings, Ltd.; President Chain Store
(Labuan) Holdings, Ltd.; Uni-President Foodstuff (BVI) Holdings, Ltd.; Chiangjiagang President Nisshin
Food Co., Ltd.; Taiwan Millennium Health Foundation; Kao Chin-Yen Memorial and Education
Foundation
Educational Background &  Master Degree in Marketing, National Kaohsiung First University of Science and Technology
Achievements/Awards  Bachelor’s Degree in Economics, Soochow University
10. CHI-CHANG LIN

Age: 60; Nationality: R.O.C.; Gender: Male
 Vice President - President Chain Store Corporation
 Chairman - Cold Stone Creamery Taiwan, Ltd.; President Chain Store Good Neighbor Foundation;
President Chain Store Corporation Insurance Brokers Co., Ltd.
 Director - Capital Marketing Consultant Corporation; iCASH Corporation; Uni-President Cold-Chain
Corporation
 Bachelor’s Degree in Social Work, Department of Social Work, Soochow University
Achievements/Awards
11. WEN-CHI WU
Age: 51; Nationality: R.O.C.; Gender: Female;
First Election as Director: July 17, 2008; Last Election: July 16, 2020
 Director & Chief Financial Officer - President Chain Store Corporation
 Director - Uni-President (Singapore) Pte. Ltd.
 Supervisor - Books.com Co., Ltd.; President Collect Service Corporation; President Transnet Corporation;
Uni-Wonder Corporation; President Information Corporation; President Chain Store (Shanghai,) Ltd.;
President Chain Store (Zhejiang), Ltd.
 Bachelor’s Degree in Accountancy, School of Accountancy in University of Missouri in Columbia, USA
Achievements/Awards
12. JUN-YA LIU

Age:40; Nationality: R.O.C.; Gender: Male;
Personal Information Current Position in PSC: Treasurer/CFO; No. of Years in PSC: 3 yrs.;
 Treasurer/CFO - Philippine Seven Corporation
Affiliations in PLCs  Head of Financial Planning (2012-2018); Specialist of Financial Planning (2010-2012; and Specialist of
Long-Term Investment Management (2006-2010) - President Chain Store Corporation
 Director - Store Sites Holding, Inc., Convenience Distribution, Inc.
 Trustee - PhilSeven Foundation, Inc.
Educational Background & ● Bachelor of International Trade, University of Shih Chien, Taipei, Taiwan
Achievements/Awards ● Master of Science in Finance and Management - University of Exeter, UK
14
13. YING-JUNG LEE
Personal Information Current Position in PSC: Chief Operating Officer; No. of Years in PSC: 10 yrs.;
First Election in PSC: November 02, 2010 ; Last Election: July 16, 2020
 Chief Operating Officer - Philippine Seven Corporation
 Vice President for Supply Chain - Philippine Seven Corporation (2014- 2019 )
 Director - Convenience Distribution, Inc.
Affiliations in Non-PLCs  Leader - E-Service Team, Marketing Department , President Chain Store Corporation (Dec. 2007 - Oct.
2010)
 Bachelor’s Degree in Cooperative Economics, Feng-Chia University, Taiwan
Achievements/Awards
14. EVELYN G. SADSAD-ENRIQUEZ

Age:57; Nationality: Filipino; Gender: Female;
Personal Information Current Position in PSC: Corporate Secretary; No. of Years in PSC: 32 yrs.;
 Corporate Secretary, Compliance Officer, Head of Legal & Corp. Services Div., - Philippine Seven
Affiliations in PLCs Corporation
 Data Protection Officer (2017 )
 Director & Corp. Secretary - Store Sites Holding, Inc.; Ferguson Park Tower Condominium Corporation;
Sterling Fluid Systems Enterprises, Inc.
 Corporate Secretary - Convenience Distribution, Inc.
Affiliations in Non-PLCs  Trustee & Corp. Secretary - PhilSeven Foundation, Inc.
 President & Director - Columbia Owners’ Association, Inc.
 Trustee & Treasurer - Good Governance Advocates & Practitioners of the Philippines (GGAPP)
 Trustee - UST Law Alumni Foundation, Inc.
● B.S. Commerce, Major in Economics, College of Commerce University of Santo Tomas
● Bachelor of Laws (Cum Laude), Faculty of Civil Law University of Santo Tomas
Educational Background & ● Professional Directors Program under Institute of Corporate Directors (ICD)
Achievements/Awards ● Certified Franchise Executive (CFE) by The Institute of Certified Franchise Executives, USA and Philippine
Franchise Association (March 2019)
● Certified DPO ACE Level 1 & 2 by National Privacy Commission (March 2019)
The Board of Directors is expected to attend board meetings held by the Corporation which is scheduled before the start
of the fiscal year. Absence of a director in more than 50% of all the regular and special meetings during his incumbency or any 12-
month period during such incumbency is a ground for his temporary disqualification in the succeeding election unless the absence is
due to serious illness, death in the immediate family or serious accident. All directors complied with the attendance requirement of
at least 50% of all board meetings for the year. Below is the list of directors of PSC and their attendance to Annual Stockholders’
Meeting (ASM) and board meetings held for the fiscal year 2020.
July 16
May 22 Nov 26
AM PM
Director Position (Regular (Regular
ASM (Regular Board (Org’l Board
Board Mtg) Board Mtg)
Mtg) Mtg)
Chairman/
1. Jose T. Pardo ✓ ✓ ✓ ✓ ✓
Independent Director
2. Jui-Tang Chen Vice Chairman/Director ✓ ✓ ✓ ✓ ✓
3. Jose Victor P. Paterno President/Director ✓ ✓ ✓ ✓ ✓
4. Jorge L. Araneta Director ✓ ✓ ✓ ✓ ✓
5. Lien-Tang Hsieh Director ✓ ✓ ✓ ✓ ✓
6. Jui-Tien Huang Director ✓ ✓ ✓ ✓ ✓
7. Chi-Chang Lin Director ✓ ✓ ✓ ✓ ✓
8. Maria Cristina P. Paterno Director ✓ ✓ ✓ ✓ ✓
9. Wen-Chi Wu Director ✓ ✓ ✓ ✓ ✓
10. Antonio Jose U. Periquet, Jr. Independent Director ✓ ✓ ✓ ✓ ✓
11. Michael B. Zalamea Independent Director ✓ ✓ ✓ ✓ ✓
15
b) The Executive Officers
As of December 31, 2020, the Executive Officers and Management of the Corporation are the following:
JOSE T. PARDO
Please see profile under Directors and Corporate Officers
Chairman of the Board
JUI-TANG CHEN
Vice Chairman of the Board
JOSE VICTOR P. PATERNO
President & CEO
JUN-YA LIU
Treasurer/CFO
YING- JUNG LEE
Chief Operating Officer
EVELYN SADSAD-ENRIQUEZ
Corporate Secretary; Compliance Officer Please see profile under Directors and Corporate Officers
Legal & Corporate Services Division Head
46 years of age, Filipino. He has been with PSC since 2006. He is the Treasurer and Director
of Store Sites Holding, Inc., Treasurer and Trustee of PhilSeven Foundation, Inc. and the
Treasurer of Convenience Distribution, Inc., all are subsidiaries/affiliates of PSC. He is also a
LAWRENCE M. DE LEON Director of the Association of Certified Public Accountants in Commerce and Industry and a
Finance Division Head and member of Philippine Institute of Certified Public Accountants. He obtained his Masters
Investor Relations Officer Degree in Business Administration from the Ateneo Graduate School of Business and
Bachelor of Science in Commerce, Major in Accountancy from University of Santo Tomas. He
is a Certified Management Accountant and also attended the Professional Directors
Program of the Institute of Corporate Directors.
56 years of age, a national of the Republic of China. He has been with PSC since 2012. He is a
Director and Executive Vice President of Convenience Distribution, Inc., a subsidiary/affiliate
of PSC. He was the logistic planning manager and marketing management manager of
CHAO-SHUN TSENG
President Chain Store Corp. and Head of Dermo-Cosmetic Division of President Pharmaceutic
Corporate Planning Head
Corporation. He obtained his MBA degree from National Chiao Tung University and
Management Science Bachelor from National Cheng Kung University- Transportation and
Communication Management Science.
46 years of age, a national of Republic of China. He has been with PSC since 2016. He
MIN-CHIEH LAI possesses 6-year experience as a Senior Category Manager and successfully supervised
Marketing Director stores as a District Manager in President Chain Store Corporation. He completed his
education at Tunghai University on International Trade.
66 years of age, Filipino. She has been with PSC since 1983. She is a Director in Convenience
LIWAYWAY T. FERNANDEZ Distribution, Inc. and a Trustee in PhilSeven Foundation, Inc., both are subsidiaries/affiliates
Operations Director of PSC respectively. She is a graduate of Bachelor of Science in Business Administration
Major in Accountancy (Cum Laude) at Philippine Christian University.
46 years of age, Filipino. He has been with PSC since 2005. He was the Business
Development Division Head in PSC before serving as Regional Operations Head-Visayas. He
is the Committee Head/member of the Philippine Franchising Association and a member of
Certified Franchise Executive Alumni Association. He obtained his Bachelor’s Degree in
FRANCIS S. MEDINA
Commerce, Major in Marketing, from San Beda College Manila. He completed the Financial
Special Projects Head
Leadership Program at The Wharton School, The University of Pennsylvania, Marketing
Leadership Program at the Kellogs School of Management, Northwestern University and
Executive Leadership Program at the Cornell Univeresity. He also completed the Certified
Franchise Executive Program by the Phil. Franchise Association.
45 years of age, Filipino. He has been with PSC since 2001. He started as a Business
Development Specialist and then Section Manager in PSC. In 2015, he became the Regional
ULYSSES V. BORRAL
Operations Manager in Mindanao before serving as Business Development Division Head.
Business Development Division Head
He is also a Trustee in PhilSeven Foundation, Inc., a subsidiary/affiliate of PSC. He obtained
his Bachelor’s Degree in Marketing from Polytechnic University of the Philippines.
53 years of age, Filipino. He has been with PSC since 1992. He obtained his Bachelor’s
FRANCISCO R. GAYANILO, JR.
Degree in Radiology Technology, from FCI Nursing School. He completed the Certified
Regional Operations Head – Visayas
Franchise Executive Program by the Phil. Franchise Association.
GIL M. ABAD 56 years of age, Filipino. He has been with PSC since 1988. He obtained his Bachelor’s
Regional Operations Head – Mindanao Degree in Civil Engineering, from Far Eastern University.
54 years of age, Filipino. He has been with PSC since 2004. He is a Director of Philippine
JOSE C. ANG, JR. Consumer Centric Trade Association, Inc. (PCCTAI) formerly PASI. He is also a member of
General Merchandise Division Head National Masters & Senior Athletics Association of the Philippines. He is a BS Electrical
Engineering graduate at Adamson University.
ARMI A. CAGASAN 45 years of age, Filipino. She has been with PSC since 1999. She is a graduate of Bachelor of
Strategic Merchandise Division Head Science in Industrial Engineering at University of Santo Tomas.
59 years of age, Filipino. She has been with PSC since 1984. She is the Chairperson of the
Management Committee of PhilSeven Foundation, Inc., a subsidiary/affiliate of PSC. She is a
VIOLETA B. APOLINARIO
member of People Management Association of the Philippines, HR Foodlink and Philippine
Human Resources and Administration Division Head
Society for Training and Development. She obtained her Bachelor of Arts Degree in English
(Cum Laude) from Tanauan Institute.
16
46 years of age, Filipino. He has been with PSC since February 2020. He obtained his
PHILIPS A. YU Bachelor’s Degree in Accountancy at the University of the Philippines, Diliman. He is a
Managing Director for eWallet/Digital Team Certified Public Accountant. He was the President of Aces Call Center Jobs, Inc. from 2016
until 2019.
44 years of age, Filipino. He has been with PSC since 2019. He has previously worked with
ARVIN S. REYES Ramcar Food Group and Accenture. He is a B.S. Management Engineering graduate from
Information Technology Division Head the Ateneo de Manila University and holds a Masters degree from University of New South
Wales, Sydney Australia.
47 years of age, Filipino. He has been with PSC since 2018. He was previously the
VINCENT ANGELO DELA CRUZ
Marketing Head of Lenovo Phils., Sales and Marketing Manager of Sony Phils, and Brand
Marketing Communications Division Head
Marketing Head for San Miguel Corporation. He is a BA Journalism graduate from the
University of the Philippines.
57 years of age, Filipino. She has been with PSC since 2005. She was the manager of MIS
Business System of PSC before serving as Internal Audit Division Manager. She is a member
MARIA CELINA D. DE GUZMAN of Philippine Institute of Certified Public Accountants, Institute of Internal Auditors and
Internal Audit Unit Manager Association of Certified Fraud Examiners and Information Systems Audit and Control
Association. She obtained her Bachelor’s Degree in Accountancy (Cum Laude) at Polytechnic
University of the Philippines.
c) Significant Employees
Other than aforementioned Directors and Executive Officers identified in the item on Directors and Executive Officers in
this Annual Report, there are no other employees of the Company who may have a significant influence in the Company’s major
and/or strategic planning and decision-making.
d) Family Relationships
Mr. Jose Victor P. Paterno, President & CEO of PSC is the concurrent Chairman and President of Convenience Distribution,
Inc. (CDI), a wholly owned subsidiary of PSC. He is the nephew of PSC Chairman of the Board & Independent Director, Mr. Jose T.
Pardo. Mr. Paterno is also the brother of PSC Director Ms. Maria Cristina P. Paterno.
Ms. Maria Cristina P. Paterno, a Director of PSC is the niece of PSC Chairman of the Board & Independent Director, Mr.
Jose T. Pardo. She is also the sister of PSC President & CEO, Mr. Jose Victor P. Paterno.
e) Involvement in Certain Legal Proceedings
To the knowledge and/or information of the Company, the present members of its Board of Directors, the present
members of the Board of Directors and its Corporate Officers has not been involved in or the subject of, during the past five (5) years
up to the latest date, any of the following events that is material to an evaluation of his ability or integrity to serve PSC: a)
bankruptcy petition; b) conviction by final judgment in a criminal proceeding; c) order, judgment or decree barring, suspending, or
limiting involvement in any type of business, securities, commodities, or banking activities; d) judgment for violation of a securities
or commodities law or regulation; e) violation of the RCC.
f) Pending Legal Proceedings
The Company is a party to certain litigations involving minor issues, from time to time, before the Department of Trade
and Industry, employees suing for illegal dismissal, back wages and damage claims, claims arising from store operations and as co-
respondents with manufacturers on complaints with BFAD, actions on leases for specific performance and other civil claims. The
Company also filed criminal cases against employees and other persons arising from theft, estafa and robbery; civil claims for
collection of sum of money, specific performance and damages. All such cases are in the normal course of business and are not
deemed or considered as material legal proceeding as stated in Part I, Paragraph (C) of “Annex C” of SEC checklist 17-A.
g) Qualification of Directors
To the knowledge and/or information of the Company, the above-named directors have all the qualifications and none of
the disqualifications as provided in the Company’s Manual on Corporate Governance the revised Securities Regulation Code and the
Revised Corporation Code.
h) Certain Relationships and Related Transactions
The Company (or “PSC”) executed a licensing agreement with Seven Eleven, Inc. (SEI), of Texas, USA granting the exclusive
right to use the 7-Eleven System in the Philippines and the Company pays, among others, royalty fee to SEI. SEI is also a stockholder
in PSC and holds 0.39% of PSC’s outstanding stocks.
PSC has transactions with PhilSeven Foundation, Inc. (PFI), a foundation with common key management of the Company.
PSC has a MOU with PFI whereby the latter implements the corporate social responsibility programs of PSC in the communities
17
where its 7-Eleven stores are located. The MOU also provides the pledge of PSC to allocate ½ of 1% of its net income before tax to
support PFI’s programs to be released in quarterly tranches based on specific approved programs not exceeding annual limit.
The Company has a contract for logistics services with Convenience Distribution Inc. (CDI), a wholly-owned subsidiary. The
Chairman of the Board and President of CDI, Mr. Jose Victor Paterno, is also the President & CEO of PSC.
Store Sites Holdings, Inc. is a landholding company affiliated with PSC and it leases on long term basis 7 parcels of land to
PSC for its operation of 7-Eleven Stores.
The Company, from time to time, makes purchases of equipment from President Chain Store Corporation (and its
subsidiaries/affiliates), which is the parent company of President Chain Store (Labuan) Holding Ltd., holding 52.22% of PSC’s
outstanding shares. Certain products are also purchased from Uni-President Corporation, which is the parent company of President
Chain Store Corporation.
The Company have lease and/or sublease agreements with Progressive Development Corporation for commercial spaces
in excess of the requirements of the Company for its 7-Eleven stores. Mr. Jorge L. Araneta, a director of the Company, is the
Chairman and President of Progressive Development Corporation (owner of Pizza Hut Philippine Franchise).
In addition to the preceding paragraphs, the related party transactions are described in detail pursuant to the disclosure
requirements prescribed by the SEC. Related party transactions refers to a transfer or resources, services, or obligations between
the Company and a related party, regardless of whether a price is charged. It should be interpreted broadly to include not only
transactions that are entered into with related parties, but also outstanding transactions that are entered into with an unrelated
party that subsequently becomes a related party.
On October 24, 2019, the Audit & Risk Committee (ARC) and the Executive Committee approved the Company’s Policy on
Material Related Party Transactions (MRPT) to comply with the SEC Rules on Material Party Transactions for Publicly Listed
Companies. The policy establishes the review, approval and reporting of MRPTs which may be entered into between or among PSC
or any of its subsidiaries, affiliates, directors, officers and other related parties. Under the policy, MRPTs shall be reviewed by the
ARC and approved by the Board. The policy also sets the materiality threshold for MRPT at 10% of the total consolidated assets of
the Company based on its latest Audited Financial Statement. For the year 2020, there are no MRPTs identified.
The following related party transactions are classified as normal in the ordinary course of business. The commercial terms
covering the said transactions are done on an arms-length basis and are priced in such a manner similar to what independent parties
would normally agree with. The discussion on this item can be correlated with Note 25, Related Party Transactions, of the Notes to
the 2020 Audited Consolidated Financial Statements of the Company.
Transactions with related parties consist of:
a. PSC and CDI have transactions with PFI, a foundation with common key management of the Group, consisting of donations
and noninterest-bearing advances pertaining primarily to salaries, taxes and other operating expenses initially paid by PSC
for PFI. Other current liabilities disclosed in the foregoing table include an outstanding balance of donations to its affiliate
PFI amounting to P=11,000,000 (Note 14).
Balances arising from the foregoing transactions with related parties are as follows:
Transactions for the Outstanding Balance

Related Nature of Terms and Year Ended December 31 as at December 31
Parties Relationship Transactions Conditions 2020 2019 2020 2019
Receivables Affiliate Non-interest- Unsecured, no
PFI (Note 5) bearing impairment in 2020 and
advances 2019. Amounts are due
and demandable.
Settlement through cash. P
=1,120,927 =773,947
P P
=895,600 =320,378
P
Other current Affiliate Donations* Not applicable
liabilities
PFI Allocated annual fund
equivalent to 0.5% of
annual net income before
tax. Payable quarterly. 43,586,887 11,823,514 11,000,000 17,298,142
*PSC shall release the allocated fund quarterly which shall correspond to the specific programs of PFI and its budget
approved by the BOT, and the total amount of donation for each year shall not exceed P =20,000,000.
b. As at December 31, 2020 and 2019, the Group’s defined benefit retirement fund has investments in shares of stock of PSC
with a cost of P
=122,417.The retirement benefit fund incurred a loss arising from changes in market prices amounting to P
=
1,720,700 in 2020 and earned a gain amounting to P=1,395,162 in 2019.
18
i) Election of Directors/Term of Office
The directors of the Company are elected at the Annual Stockholders’ Meeting to hold office for one (1) year and until
their respective successors have been elected and qualified.
j) Independent Directors
The independent directors of the Company as of December 31, 2020 are Mr. Jose T. Pardo, Mr. Michael B. Zalamea and
Mr. Antonio Jose U. Periquet, Jr., they are not officers or substantial shareholders of Philippine Seven Corporation nor are they the
directors or officers of its related companies. Their shareholdings in the Corporation are less than 2% of the Corporation’s
outstanding capital stock pursuant to Section 38 of the SRC. A brief description of the business experiences of Mr. Jose T. Pardo, Mr.
Michael B. Zalamea and Mr. Antonio Jose U. Periquet, Jr. is included in Item 9 Part III of this report.
Nomination Procedure:
a) A stockholder may recommend the nomination of a director to the Corporate Governance Committee;
b) The nominating stockholder shall submit his proposed nomination in writing to the Corporate Governance
Committee, together with the acceptance and conformity of the would-be nominee;
c) The Corporate Governance Committee shall screen the nominations of directors in accordance with existing
laws and regulations and Corporation policies prior to the stockholders’ meeting and come up with the Final
List of Candidates.
d) Only nominees whose names appear in the Final List of Candidates shall be eligible for election as Independent
Director.
k) Board Committees
Audit & Risk Committee
The Audit & Risk Committee performs its role by providing independent oversight to the Board of Directors. The purpose
of the Committee is to provide a structured, systematic oversight of the organization’s governance, risk management and internal
control practices. The Committee assists the board and management by providing advice and guidance on the adequacy of PSC’s
initiatives for:
A. Financial reporting and disclosures

B. Values and Ethics
C. Governance Structure
D. Risk Management
E. Related Party Transactions
F. Internal Control Framework
G. Compliance
H. Oversight of the external auditors, internal audit activity, and other providers of assurance.
In broad terms, the Audit & Risk Committee reviews each items noted above and provides the board with independent
advice and guidance regarding the adequacy and effectiveness of management’s practices and potential improvements to those
practices.
Report of the Audit & Risk Committee to the Board of Directors
Further to our compliance with applicable corporate governance laws and rules, we confirm for the year 2020 that:
1. An independent director chairs the Audit & Risk Committee, three (3) out of the four members of the Committee
are independent directors.
2. The Committee had two (2) meetings during the year. The meetings of the Committee are designed to facilitate
and encourage communication among the Committee, the Company, the Company’s internal audit function and
the Company’s independent auditor. The Committee in its meetings, reviewed and approved all audit and review
services provided by external auditor, SGV & Co., to PSC, and the related fees for such services;
3. According to its charter, the primary purpose of the Committee is to assist the Board of Directors in fulfilling its
oversight responsibility for the financial reporting process, the system of internal control, the maintenance of an
effective audit process, and monitoring of compliance with applicable legal and regulatory matters.
19
4. The Committee provides oversight over Management’s activities in managing credit, market, liquidity,
operational, legal and other risks of the Corporation. This function shall include regular receipt from
Management of information on risk exposures and risk management activities. The Committee also monitors
and evaluates the adequacy and effectiveness of the Corporation’s internal control system, including financial
reporting control and information technology security.
5. The Audit & Risk Committee oversees the Company’s financial reporting process on behalf of the Board of
Directors. The Company’s management has the primary responsibility for the financial statements, for
maintaining effective internal control over financial reporting, and for assessing the effectiveness of internal
control over financial reporting.
6. The Committee discussed with SGV & Co. all the items required to be discussed by the prevailing applicable
Auditing Standard, including the required communications to the Audit & Risk Committee on the responsibilities
under Philippine Standards in Auditing, the confirmation of independence of SGV & Co. from PSC and its
subsidiaries and PSC's management as required by the applicable Independence Standards (Statement of
Independence), and fraud inquiry which SGV & Co. confirmed that it is not aware of any matters that require
communication;
7. As part of its oversight responsibilities, the Committee reviewed and discussed the audited financial statements
of PSC and the consolidated audited financial statements of PSC and its subsidiaries as of and for the year ended
December 31, 2020 with the PSC’s management and with SGV. SGV has expressed its opinion on PSC’s
conformity with Philippine Financial Reporting Standards (PFRS);
8. Based on the foregoing but subject to the limitations of the Committee’s role as encompassed in our Audit & Risk
Committee Charter, the Committee recommended for approval the audited financial statements of PSC and the
consolidated audited financial statements of PSC and its subsidiaries for the year ended December 31, 2020 to
the Executive Committee and/or the Board of Directors. The Executive Committee, having authority to act during
intervals of Board meetings, approved the same.
Meeting Attendance of Audit & Risk Committee

Meeting Attendance
Audit & Risk Committee
February 24, 2020 October 23, 2020
1. Antonio Jose U. Periquet, Jr. Chairman & Independent Director ✓ ✓
2. Jose T. Pardo Member & Independent Director ✓ ✓
3. Michael B. Zalamea Member & Independent Director ✓ ✓
4. Jose Victor P. Paterno Member ✓ ✓
Compensation Committee
The Compensation Committee consists of 3 directors as voting members, one of whom is an independent director. It also
has 2 non-voting members. The functions of the Compensation Committee are enumerated as follows:
a. Establish a formal and transparent procedure for developing a policy on remuneration of directors and officers to
ensure that their compensation is consistent with the Corporation’s culture, strategy, and the business environment
on which it operates;
b. Ensure that the levels of remuneration of the Corporation should be sufficient to be able to attract and retain the
services of qualified and competent directors and officers. A portion of the remuneration of executive directors
may be structured or be based on corporate and individual performance. The Board shall look into the alignment of
remuneration of key officers and board members with the long-term interest of the Corporation. No director shall
participate in the approval of his compensation except for uniform compensation to directors for their services as
directors. Directors shall not receive any compensation unless provided in the By-laws of the Corporation or approved
by the stockholders as may be required in its By-laws. However, the Board may, from time to time, approve a
reasonable per diem that a director may receive for attendance in Board and Board Committee meetings.
c. Oversee and assist the development of the corporate compensation and retirement standards for directors and
corporate officers, consistent with the Corporation’s culture, strategy and the business environment in which it
operates;
d. Review and recommends subject to approval of the Board of Directors or the Executive Committee as authorized by
the Board, the retirement benefit, gratuity grant, director’s fee and per diem for the chairman of the board,
independent directors, directors, members of board committees, corporate officers, executive officers and other
20
designated officers or subordinate officers, and adviser/consultant for every board or committee meeting actually
attended.
Corporate Governance Committee
The Committee is composed of 4 directors as voting members, 3 of whom are independent directors. It also has 1 non-
voting member. The functions of the Compensation Committee are enumerated as follows:
A. Governance Functions
1. Oversee the development and implementation of corporate governance framework and periodically reviews
the same to ensure that it remains appropriate in light of material changes to the Corporation’s size,
complexity and business strategy, as well as its business and regulatory environments; Adopt corporate
governance policies and ensures that these are reviewed and updated regularly, and implemented in form and
substance;
2. Recommend continuing education/training programs for directors, assignment of tasks/projects to board

committees, succession planning for the board members and senior officers;
3. Oversee periodic performance evaluation of the Board, its committees, and the directors through annual self-
assessments. Discuss the results of the Board evaluation and that concrete action plans are developed and
implemented to address the identified areas for improvement.
B. Nomination Functions
1. Determine the nomination and election process for the Corporation’s directors and define the general profile
of board members that the Corporation may need in ensuring appropriate knowledge, competencies and
experience that complement the existing skills of the Board.
2. Review and evaluate the qualifications of all persons nominated to the Board and other appointments that
require Board approval, and to assess the effectiveness of the Board’s processes and procedures in the election
or replacement of directors;
To follow the nomination procedures for directors as provided by regulatory agencies.
Meeting Attendance of Corporate Governance Committee

Meeting Attendance
Corporate Governance Committee
May 22, 2020
1. Jose T. Pardo Chairman & Independent Director ✓
2. Antonio Jose U. Periquet, Jr. Member & Independent Director ✓
3. Michael B. Zalamea Member & Independent Director ✓
4. Jose Victor P. Paterno Member ✓
5. Evelyn S. Enriquez Non-Voting Member ✓
Item 10. Executive Compensation

For the calendar years December 31, 2020 and 2019, the total salaries, allowances and bonuses paid to the directors and
executive officers are as follows:
(a) (b) (c) (d) (e)
Name/Position Year Salaries Bonus Others
CEO & Top 4
Jose Victor P. Paterno
President & CEO
Liwayway T. Fernandez
Operations Director
Jose C. Ang, Jr.
General Merchandise Division Head
Francis S. Medina
Special Projects Head (Operations)
Arvin S. Reyes
Information Technology Division Head
2021 (estimated) 12.68 M 34.13 M
TOTAL 2020 14.09 M 37.92 M N/A
2019 14.67 M 33.30 M
2021 (estimated) 18.74 M 44.04 M
All other Officers and Directors as a Group
2020 20.82 M 48.93 M N/A
Unnamed
2019 17.46 M 35.80M
Estimated compensation of director and executive officers for the ensuing year.
21
Compensation of Directors
The Company has certain standard arrangements with respect to compensation and profit sharing. Per diems of
P 20,000.00 (Philippine Peso) or equivalent of USD380.00 (US Dollars) net of taxes (as may be fixed by the Compensation
Committee from time to time) are given to each of the members of the board of directors, members of board committees,
designated corporate/executive officers, members of advisory committee or adviser/consultant for every regular or special meeting
of the Board, Executive Committee, Board Committees and other related corporate meetings actually attended, either physically or
by teleconferencing/videoconferencing.
The Company has a policy on Directors Fee and Gratuity for the office of the Chairman of the Board as approved by the
Compensation Committee. A monthly director’s fee shall be provided for the position of Chairman of the Board as determined by
the Compensation Committee, from time to time, as concurred by the Board and/or the Executive Committee. Additional directors’
fee (gratuity) shall be given upon the occurrence of any of the following: a) End of term of office and not accepting reappointment
(except due to removal); b) Incapacity; c) Resignation due to any of the above; d) Death, which shall be equivalent to 1 month of the
Chairman’s prevailing monthly directors’ fee for every year or term in office.
The company updated its policy to provide guidelines for director’s fee to be provided to Independent Directors. As a
director and member of the Board, the Independent Director shall be entitled to an annual director’s fee of P 200,000.00. If he is a
Chairman of any Board Committees, the Independent Director shall be entitled to an annual director’s fee of P 200, 000.00, and if a
member of any Board Committees, the Independent Director shall be entitled to an annual director’s fee of P 100,000.00.
In compliance with Section 29 of the RCC, below are details of the annual remuneration paid to directors in 2020.
Remuneration for Board, Remuneration of Independent

Executive Committee & Directors (ID) as Head and/or
Directors
Board Committee Meetings Member of Board Committees;
Attended As Chairman of the Board & ID
Executive Director:
1. Jose Victor P. Paterno Php 220,000.00
Non-Executive Directors:
2. Jorge L. Araneta 100,000.00
3. Maria Cristina P. Paterno 100,000.00
4. Jui-Tang Chen 100,000.00
5. Jui-Tien Huang 100,000.00
6. Chi-Chang Lin 100,000.00
7. Lien-Tang Hsieh 100,000.00
8. Wen-Chi Wu 100,000.00
Independent Directors:
9. Antonio Jose U. Periquet, Jr. 220,000.00 Php 600,000.00
10. Michael B. Zalamea 220,000.00 600,000.00
Chairman of the Board & Independent Director
11. Jose T. Pardo 220,000.00 1,120,872.00
Total 1,580,000.00 2,320,872.00
In addition to per diems, profit sharing is provided in the Code of By-laws in an amount not exceeding 15% of the net
profits of the Corporation (after tax), which shall be distributed to the members of the Board of Directors and Executive Committee
members and officers of the Corporation in such amounts and manner as the Board may determine. Profit share not exceeding 15%
of net profits after tax of the Corporation shall be submitted to stockholders for approval. The last profit sharing in 1996 was set at
5% of net income after tax thereon. The directors and the executive officers did not receive any profit sharing in the years after
1996. In 2009, target incentive and annual performance bonus were granted to management, the officers and support personnel
based on achievement of the target rate for pre-tax income for the year as set in the annual plan and budget. These are provided to
regular employees and executive officers of the Corporation.
There are no existing options, warrants or stock plan arrangements and none are held by the directors, executive and
corporate officers of the Corporation after the Employee Stock Purchase Plan (ESPP) granted to employees as part of the Company’s
initial public offering in 1998.
22
Item 11. Security Ownership of Certain Beneficial Owners and Management
1. Security Ownership of Certain Record and Beneficial Owners.
As of December 31, 2020 the following are the record and beneficial owners of more than 5% of registrant’s voting securities:
Relationships of Percent of
Amount and
the record owner’s Outstanding
Title of Name and Address of Record/Beneficial Nature of Record/
Citizenship representative Common
Class Owner Beneficial
with the issuer and Stock as of
Ownership
said owner December 31, 2020
President Chain Store (Labuan) Holding, Ltd.1
Common Malaysian Stockholder 394,970,516 (R) 52.22%
7(E), Main Tower, Financial Park, Labuan, Malaysia
Arisaig Asia Consumer Fund Limited4
Common Craigmuir Chambers, P.O. Box 71 Road Town, Tortola BVI Stockholder 79,233,591 10.47%
British Virgin Islands
Jose Victor P. Paterno3
President/CEO/ 16,472,569 (R) 2.18%
and siblings
Common Filipino Director/ 39,484,334 (B) 5.22%
7th Floor, The Columbia Tower, Ortigas Avenue,
Stockholder 55,956,903 7.40%
Mandaluyong City
Asian Holdings Corporation 2
4th Floor, Uni-Oil Bldg., Commerce Ave. cor. Acacia
Common Filipino Stockholder 48,933,972 (R) 6.47%
St., Madrigal Business Park, Ayala Alabang,
Muntinlupa City
Footnotes:
1
Mr. Jui-Tien Huang of President Chain Store (Labuan) Holding, Ltd. has the voting power in behalf of the Corporation
2
Ms. Elizabeth Orbeta or Ms. Diana Pardo-Aguilar has the voting power in behalf of Asian Holdings Corporation
3
Mr. Jose Victor P. Paterno has the power of attorney to vote the 39,484,334-shares of his siblings: Maria Cristina Paterno-13,200,074; Paz Pilar P. Benares – 8,182,368; Ma.
Elena P. Locsin- 11,488,181; Ma. Teresa P. Dickinson – 6,613,711
4
Ms. Rebecca Lewis of Arisaig Asia Consumer Fund Limited has the voting power in behalf of the Corporation
2. Security Ownership of Directors and Management as of December 31, 2020
Name of Beneficial Amount & Nature of

Title of Class Citizenship Percent of Class
Owner Beneficial Ownership
Common Jose T. Pardo 23 Filipino 0.00%
16,472,569 (R) 2.18%
Common Jose Victor P. Paterno 39,484,334 (B) Filipino 5.22%
55,956,9031 7.40%
Common Maria Cristina P. Paterno 13,200,0742 Filipino 1.75%
Common Jorge L. Araneta 23 Filipino 0.00%
23
Common Antonio Jose U. Periquet, Jr. 2,000,0002 Filipino 0.26%
2,000,002
Common Michael B. Zalamea 23 Filipino 0.00%
Common Jui-Tang Chen 23 R.O.C. 0.00%
Common Chi-Chang Lin 23 R.O.C. 0.00%
Common Jui-Tien Huang 23 R.O.C. 0.00%
Common Wen-Chi Wu 23 R.O.C. 0.00%
Common Lien-Tang Hsieh 23 R.O.C. 0.00%
Common Evelyn Sadsad-Enriquez 5,8952 Filipino 0.0008%
Common Liwayway T. Fernandez 8,4222 Filipino 0.0011%
Common Violeta B. Apolinario 4,2092 Filipino 0.0006%
1
Shares directly owned Jose Victor Paterno is 16,472,569 which is 2.18 %, and he has power of attorney for 39,484,334 shares or 5. 22% held by his 4 siblings including above
shares of Maria Cristina P. Paterno – 13,200,074 (1.75%)
2
Directly owned shares
3
Qualifying shares
3. Power of Attorney to vote shares of 5% or more
Mr. Jose Victor P. Paterno, Director and President/CEO, has the power of attorney for 39,484,334 shares or 5.22%
owned/registered in the name of his siblings: Maria Cristina Paterno – 13,200,074shares, Paz Pilar P. Benares – 8,182,368 shares,
Ma. Elena P. Locsin – 11,488,181 shares, and Ma. Theresa P. Dickinson – 6,613,711 shares.
23
Item 12. Certain Relationships and Related Transactions
The Company (or “PSC”) executed a licensing agreement with Seven Eleven, Inc. (SEI), of Texas, USA granting the exclusive
right to use the 7-Eleven System in the Philippines and the Company pays, among others, royalty fee to SEI. SEI is also a stockholder
in PSC and holds 0.39% of PSC’s outstanding stocks.
PSC has transactions with PhilSeven Foundation, Inc. (PFI), a foundation with common key management of the Company.
PSC has a MOU with PFI whereby the latter implements the corporate social responsibility programs of PSC in the communities
where its 7-Eleven stores are located. The MOU also provides the pledge of PSC to allocate ½ of 1% of its net income before tax to
support PFI’s programs to be released in quarterly tranches based on specific approved programs not exceeding annual limit.
The Company has a contract for logistics services with Convenience Distribution Inc. (CDI), a wholly-owned subsidiary. The
Chairman of the Board and President of CDI, Mr. Jose Victor Paterno, is also the President & CEO of PSC.
Store Sites Holdings, Inc. is a landholding company affiliated with PSC and it leases on long term basis 7 parcels of land to
PSC for its operation of 7-Eleven Stores.
The Company, from time to time, makes purchases of equipment from President Chain Store Corporation (and its
subsidiaries/affiliates), which is the parent company of President Chain Store (Labuan) Holding Ltd., holding 52.22% of PSC’s
outstanding shares. Certain products are also purchased from Uni-President Corporation, which is the parent company of President
Chain Store Corporation.
The Company have lease and/or sublease agreements with Progressive Development Corporation for commercial spaces
in excess of the requirements of the Company for its 7-Eleven stores. Mr. Jorge L. Araneta, a director of the Company, is the
Chairman and President of Progressive Development Corporation (owner of Pizza Hut Philippine Franchise).
In addition to the preceding paragraphs, the related party transactions are described in detail pursuant to the disclosure
requirements prescribed by the SEC. Related party transactions refers to a transfer or resources, services, or obligations between
the Company and a related party, regardless of whether a price is charged. It should be interpreted broadly to include not only
transactions that are entered into with related parties, but also outstanding transactions that are entered into with an unrelated
party that subsequently becomes a related party.
On October 24, 2019, the Audit & Risk Committee (ARC) and the Executive Committee approved the Company’s Policy on
Material Related Party Transactions (MRPT) to comply with the SEC Rules on Material Party Transactions for Publicly Listed
Companies. The policy establishes the review, approval and reporting of MRPTs which may be entered into between or among PSC
or any of its subsidiaries, affiliates, directors, officers and other related parties. Under the policy, MRPTs shall be reviewed by the
ARC and approved by the Board. The policy also sets the materiality threshold for MRPT at 10% of the total consolidated assets of
the Company based on its latest Audited Financial Statement. For the year 2020, there are no MRPTs identified.
The following related party transactions are classified as normal in the ordinary course of business. The commercial terms
covering the said transactions are done on an arms-length basis and are priced in such a manner similar to what independent parties
would normally agree with. The discussion on this item can be correlated with Note 25, Related Party Transactions, of the Notes to
the 2020 Audited Consolidated Financial Statements of the Company.
a. PSC and CDI have transactions with PFI, a foundation with common key management of the Group, consisting of donations
and noninterest-bearing advances pertaining primarily to salaries, taxes and other operating expenses initially paid by PSC
for PFI. Other current liabilities disclosed in the foregoing table include an outstanding balance of donations to its affiliate
PFI amounting to P=11,000,000 (Note 14).
24

PFI (Note 5) bearing impairment in 2020 and
advances 2019. Amounts are due
and demandable.
Settlement through cash. P
=1,120,927 =773,947
P P
=895,600 =320,378
P
Other current Affiliate Donations* Not applicable
liabilities
PFI Allocated annual fund
equivalent to 0.5% of
annual net income before
tax. Payable quarterly. 43,586,887 11,823,514 11,000,000 17,298,142
*PSC shall release the allocated fund quarterly which shall correspond to the specific programs of PFI and its budget
approved by the BOT, and the total amount of donation for each year shall not exceed P =20,000,000.
b. As at December 31, 2020 and 2019, the Group’s defined benefit retirement fund has investments in shares of stock of PSC
with a cost of P
=122,417.The retirement benefit fund incurred a loss arising from changes in market prices amounting to P
=
1,720,700 in 2020 and earned a gain amounting to P=1,395,162 in 2019.
PART IV – CORPORATE GOVERNANCE
Item 13. Corporate Governance
PSC commit themselves to the fundamental principles of sound corporate governance contained in its Revised Manual of
Corporate Governance (“Manual”) as amended as of May 31, 2017 pursuant to SEC MC. No. 19, S. 2016, and acknowledged that the
same shall guide them in the attainment of corporate goals.
The core values of teamwork, reliability, customer-focus and data driven are PSC’s guiding principles in its efforts to create
corporate governance awareness within the organization
PSC’s Board conducts and accomplishes self-rating surveys annually. The assessments are utilized as a vital tool for
maximizing their effectiveness, which will aid the company in identifying key issues necessary to facilitate the development and
monitor the performance of the company. The results of assessment are compiled by the Compliance Officer and are reported
during the Corporate Governance Committee meeting.
The Board’s performance is measured through a rating of 1- Not Performing to 5- Outstanding Performance. They are
asked to evaluate the Board’s meeting procedures, preparation for meetings, monitoring of company performance and key
issues/trends affecting the company among others. Meanwhile, Directors also assess their individual performance through
answering a self- assessment survey with 31 questions. Rating is either SA - Strongly Agree, A - Agree, N - Neither Agree Nor
Disagree, D – Disagree and SD - Strongly Disagree.
In 2020, PSC partnered with the Good Corporate Governance of the Philippines, Inc. (GGAPP) and conducted the first
Third Party Board Evaluation of PSC.
To further promote good governance, PSC’s officers are also active members of GGAPP and PSC regularly joins the various
activities and events on good governance.
Other details of PSC’s Corporate Governance practices can be seen in the Company website
www.7-eleven.com.ph
25
PART V – EXHIBITS AND SCHEDULES
Item 14. Exhibits and Reports on SEC Form 17-C
Copies of the reports listed below were submitted to SEC:
Date Items Reported
March 16, 2020 Item 9: Risk and Impact of COVID-19 to Business Operation of PSC and Preventive Measures
April 14, 2020 Item 9: Audited results for the fourth quarter and 12 months ended December 31, 2019
May 22, 2020 Item 9: Annual Meeting Date and Record Date
June 02, 2020 Item 9: Board Approval of Amendment of Articles of Incorporation and Bylaws
July 16, 2020 Item 9: Declaration of Cash Dividend
July 16, 2020 Item 4: Election of Board of Directors & Officers
July 16, 2020 Item 9: Board Approval of Cash Dividend Declaration
August 06, 2020 Item 9: Financial Results for the Second Quarter and Six Months ended June 30, 2020
August 07, 2020 Item 9: Amended Cash Dividend Declaration
26
1
APPENDIX “A”
List of Leased Properties for the 7-Eleven Stores operational as Corporate and under a Franchise Agreement:
** FC1
^^ FC2/FC3
# Store Name Address
1 2 BF Homes Pres. Ave., BF Homes Parañaque
2 3 Libertad^^ Libertad cor., F.B. Harrison, Pasay
3 4 Nagtahan^^ Nagtahan Cor. J.P. Laurel, Sta. Mesa Manila
4 5 U.N. Ave 900 U.N. Ave., Ermita, Manila
5 7 Quiapo^^ 465 Quezon Blvd., Quiapo, Manila
6 8 Adriatico^^ Adriatico cor., P. Faura, Manila
7 10 Muñoz Roosevelt Ave, nr. Cor. EDSA-Muñoz, Q.C.
8 12 Roces A. Roces St. cor. Quezon Ave., Q.C.
9 17 Buendia Sen. Gil Puyat Ave. cor. Taft Ave., Manila
10 20 Boni-EDSA Boni Avenue cor., EDSA Mandaluyong City
11 22 Retiro Retiro cor. Dimasalang, Manila
12 24 Paco1^^ Pedro Gil St., Paco, Manila
13 30 Burgos^^ Libertad St., cor. Burgos St., Pasay City
14 31 Barangka Boni Ave., Barangka Drive, Mandaluyong
15 32 Maypajo^^ J.P. Rizal St., cor. Ambini St., Maypajo, Caloocan City
16 33 Dapitan^^ Maceda cor. Dapitan St., Sampaloc, Manila
17 35 Pasig Church** Caruncho Ave., cor. Sixto Ave., Pasig
18 36 JRC Shaw Blvd. cor Kalentong St., Mandaluyong City
19 37 Nova1^^ Gen. Luis St, cor. Austria St., Novaliches, Q.C.
20 39 MCU** Edsa cor. Asuncion St., Monumento, Caloocan City
21 41 Marulas^^ Mc Arthur Hi-way cor. Pio del Pilar, Valenzuela, Manila
22 43 Malibay^^ EDSA cor. C. Jose St., Malibay, Pasay City
23 44 Bacoor^^ G.E. Aguinaldo Hi-way cor. Talaba, Bacoor
24 45 Gagalangin Juan Luna cor., Pampanga St., Gagalangin Tondo, Manila
25 46 Pandacan Jesus cor., Labores St., Pandacan, Manila
26 47 Singalong^^ Singalong St., cor., san Andres, Malate Manila
27 54 Munti1 Rizal St. cor. National Road, Poblacion, Muntinlupa
28 56 Evangelista Pio del Pilar cor. Evangelista, Makati
29 57 Commonwealth Tandang Sora Ave., cor. Commonwealth Ave., Q.C.
30 59 Revilla EDSA cor. C. Revilla St., Pasay City
31 60 Cainta Junction A. Bonifacio St., cor. Ortigas Ave., Ext., Cainta, Rizal
32 63 Guadalupe 1^^ EDSA nr. cor. R. Magsaysay, Guadalupe, Makati
33 64 Masinag Marcos Highway cor. Sumulong Highway, Antipolo, Rizal
34 65 Road 8^^ Road 8 cor. Visayas Ave., Proj. 6, Q.C.
35 66 MH del Pilar A. Flores St., M.H. del Pilar, Ermita, Manila
36 67 StJames Tandang Sora Ave., cor. Mindanao Avenue, Q.C.
37 68 Murphy 15th Ave. cor. Liberty Ave., Murphy, Cubao, Q.C.
38 69 PCU^^ Pedro Gil St. cor. L. Guinto St., Malate, Manila
39 71 A. Bonifacio^^ A. Bonifacio St., cor. Shaw Blvd., Mandaluyong City
1
** FC1
^^ FC2/FC3
40 72 Calamba 1^^ National Highway cor. J.P. Rizal
41 74 Canaynay^^ Dr. A. Santos Ave., cor. Canaynay Ave., Parañaque
42 75 Antipolo Church** P. Oliveros St. cor Masangkay Rd., Antipolo, Rizal
43 76 Pasig Rotonda** Pasig Blvd. cor. Sixto Antonio, Pasig City
44 78 Bruger^^ National Rd., Bruger St., Bruger Subd., Muntinlupa City
45 80 Marcelo^^ West Service Road cor. Marcelo Ave., Parañaque
46 85 Harrison^^ F.B. Harisson St. cor. Vito Cruz, Manila
47 86 Tayuman^^ Tayuman St. cor. Rizal Ave., Manila
48 87 Imus** Aguinaldo Highway cor. Tanzang Luma, Imus Cavite
49 88 Antip1Cir Circumferential Rd. cor. M.L. Quezon St., Anipolo, Rizal
50 90 Bangkal Evangelista cor. Alejandrino St., Bangkal, Makati
51 91 San Pedro1^^ Maharlika St. cor. National Highway, San Pedro, Laguna
52 93 Meycauayan2^^ Mc Arthur Hi-way cor. Malhakan Rd., Meycauayan, Bulacan
53 96 San Pedro2 A. Mabini St. cor. Garcia St. San Pedro, Laguna
54 97 Cavite City^^ Cajigas St. cor. Burgos St., Cavite City
55 98 Ylaya Ylaya St. cor. Lakandula St., Binondo, Manila
56 99 Dasma1 P. Campos cor. Cantimbuhan St., Dasmariñas, Cavite
57 100 Balibago National Highway cor. R. Lasaga St., Balibago
58 101 Blumentrit2 Blumentritt St. cor. Isagani St. Sampaloc, Manila
59 102 Hermosa J. Abad Santos Ave., cor. Hermosa St., Tondo, Manila
60 103 Kabihasnan Kabihasnan St. cor. San Dionisio Parañaque
61 104 Galas Unang Hakbang St., cor. Luzon Ave., Galas, Q.C.
62 105 Lower Bicutan Gen. Santos Avenue cor. M.L. Quezon St., Lower Bicutan
63 106 Tamaraw Hills Mc Arthur Hi-way cor. Tamarraw Hills, Marulas, Valenzuela
64 107 Cabuyao^^ J.P. Rizal cor. Circumferencial Ave., Cabuyao, Laguna
65 108 Chico Chico St. cor. Anonas St., Proj. 2, Q.C.
66 111 Molino1 Molino Rd., cor. Bahayang Pag-asa, Bacoor, Cavite
67 112 San Pablo1^^ Rizal Ave., cor. A. Flores St., San Pablo City
68 114 Dasma2 Mangubat St., cor. Aguinaldo Highway, Dasmariñas, Cavite
69 115 Molino2 Molino Rd., San Nicolas, Mambog, Bacoor, Cavite
70 116 Salinas 193 Gen. Trias Drive, Rosario, Cavite
71 118 GMA Gov. Drive nr. cor. GMA Drive, Dasmariñas, Cavite
72 119 Biñan2^^ National Highway cor. Malvar St., Biñan, Laguna
73 120 Balagtas Mc Arthur Hi-way, Wawa, Balagtas, Bulacan
74 121 Pulang Lupa Quirino Ave., cor. Naga Rd., Pulang Lupa, Las Piñas
75 122 BF Resort^^ Alabang Zapote rd. cor. BF Resort Drive, Pamplona
76 123 Parang** G. del Pilar cor., M.L. Quezon, Parang, Marikina
77 125 JP Ramoy Quirino Highway cor. J.P. Ramoy, Barrio Talipapa, Novaliches, Q.C.
78 126 Cainta Church^^ A. Bonifacio Avenue, San Andres, Cainta, Rizal
79 127 Tatlong Hari Rizal Blvd. nr. cor. Tatlong Hari St., Sta. Rosa, Laguna
80 128 Los Baños^^ Batong Malaki National Highway, Los Baños, Laguna
81 130 Binakayan^^ Gen. Tirona Highway cor. Bisita St., Binakayan, Kawit, Cavite
2
** FC1
^^ FC2/FC3
82 131 Lipa Highway G/F Big Ben Complex, Pres. Laurel Hi-way, Lipa, Batangas
83 132 Trece Gov. Drive cor. Indang, Tanza Rd., Trece Martirez, Cavite
84 134 Molave Marikina^^ Bayan bayanan Ave. cor. Molave St., Concepcion, Marikina
85 135 Panapaan^^ Tirona Hi-way cor. Aguinaldo Hi-way, Panapaan, Cavite
86 136 Apalit^^ San Vicente cor. David St., Mc Arthur Hi-way, Apalit, Pampanga
87 137 San Pedro 3^^ Pacita cor. Macaria Ave., San Pedro, Laguna
88 138 Lipa Proper C.M. Recto Ave., Lipa, Batangas
89 141 Camarin Blk 1 Lot 18 & 20 Camarin cor. Susano Rd., Caloocan City
90 142 Tanza Sta. Cruz cor. San Agustine Poblacion , Tanza, Cavite
91 144 Rev. Aglipay** Boni Ave., cor. A.T. Reyes Aglipay, Mandaluyong City
92 145 Naic Poblete St., cor. Nazareno St., Poblacion, Naic, Cavite
93 147 Shorthorn^^ Shorthorn cor. Road 20, Project 8, Q.C.
94 148 JP Rizal^^ J.P. Rizal cor. Constancia St., Makati City
95 150 Zabarte Quirino Hiway cor. Zabarte Ave., Novaliches
96 152 Dasma3^^ Congressional Ave., cor. DBB, Dasmariñas, Cavite
97 153 Paco 2 Pedro Gil St. cor. Main St., Paco, Manila
98 154 Insular** P. Burgos St. cor. Gen. Luna St., Makati
99 155 Onyx** A. Francisco cor. Onyx and Concha Sts., Sta. Ana, Manila
100 156 Guadalupe 2^^ Sgt. Yabut nr. cor. Anastasio St., Guadalupe, Makati
101 158 N. Domingo^^ N. Domingo cor. F. Blumentritt St., San Juan
102 160 San Bartolome^^ M. Dela Cruz cor. Quirino Highway, Novaliches, Q.C.
103 162 San Fernando1 B. Mendoza cor. Tiomico St., San Fernando, Pampanga
104 167 Jupiter^^ Makati Ave., cor. Gil Puyat Ave., Makati
105 168 TM Kalaw Kalaw cor. A. Mabini St., Ermita, Manila
106 172 West West Ave., cor. Zamboanga St., Q.C.
107 175 Benin^^ EDSA cor. Benin St., Caloocan City
108 176 Farmers Space 1&2, 2nd Level New Farmers Plaza, Cubao, Q.C.
109 180 Batangas City P. Burgos Ave. cor. P. Panganiban St., Batangas
110 184 D.Jose Rizal Ave. cor. D. Jose, Sta. Cruz, Manila
111 185 Global^^ Doña Soledad Ave., Better Living, Parañaque
112 187 Virra** P. Burgos Ave. cor. Dapo St., Makati City
113 188 Panay Quezon Avenue cor. EDSA, Q.C.
114 196 Urdaneta Brgy. Poblacion, Urdaneta, Pangasinan
115 198 Matalino Matalino St. cor. Malakas St., Diliman, Q.C.
116 194 Angono M.L. Quezon Ave., Angono, Rizal
117 195 RFM RFM Corporate Center, Mandaluyong City
118 192 Turbina National Highway Brgy., Turbina, Calamba, Laguna
119 200 Carmen Mc Arthur Highway, Carmen, Rosales, Pangasinan
120 199 Rizal Med Pasig Blvd. cor. Banaag, Pineda, Pasig City
121 193 Bauan^^ National Rd., Bauan, Batangas
122 204 Priscilla^^ Pasong Tamo Ext.Kayamanan - C, Makati City
123 205 U.E. Recto UE, Claro M. Recto Ave., Manila
3
** FC1
^^ FC2/FC3
124 209 Dagupn1^^ Arellano St., Dagupan City
125 206 Zapote Junction Alabang Zapote Road cor. F. Santos, Las Piñas
126 465 Taal Proper^^ Poblacion. 3, Taal Proper, Taal, Batangas
127 210 Session2^^ G/F B - 105 Lpez Bldg., Session Rd., Baguio City
128 211 Orosa MY Orosa nr. cor. TM. Kalaw, Ermita, Manila
129 208 Angeles1 Sto. Rosario cor. Sukdulan St., Angeles City
130 215 Crame Boni Serrano cor. 2nd St., Camp Crame, Q.C.
131 213 Parkview** Valero St. cor. Salcedo Village, Makati City
132 217 Nova 3 Quirino Hi-way cor. Sarmiento St., Novaliches City, Q.C.
133 219 P. Campa^^ España cor. P. Campa Sampaloc St., Manila
134 216 Baclaran2 Quirino Ave., cor. Dimasalang St., Baclaran, Parañaque City
135 218 Taytay2^^ Manila-East Road, Taytay, Rizal
136 228 Bocaue Mc Arthur Highway cor. Gov. F, Halili Ave., Binang 2nd, Bocaue, Bulacan
137 221 Baclaran 3 Roxas Blvd., Baclaran, Parañaque
138 222 Calamba 2 National Hi-way nr. cor. Halang St., Calamba, Laguna
139 224 Luisita^^ Mc Arthur Hi-way, San Miguel, Tarlac City
140 229 Cityland^^ LG07 Cityland 10 Tower, Valero cor. Dela Costa St., Salcedo Village, Makati City
141 232 CBC^^ 115 G/F Corporate Business Center, Paseo de Roxas cor. Pasay Road, Makati City
142 257 Shoe Ave^^ Shoe Avenue cor. Capt. Venciong, Sta. Elena
143 241 St. Lukes E. Rodriguez cor. Victoria St., New Manila, Q.C.
144 258 Herrera Y-L Bldg., Herrera St. cor. Salcedo St., Legaspi Village, Makati City
145 244 Guadalupe 3 F. Yabut St., nr. cor. EDSA, Guadalupe Nuevo, Makati City
146 271 Starmall Shaw Blvd. cor. EDSA Mandaluyong
147 243 Merville^^ Moreland Bldg., Merville Access Rd. cor. West Service Rd.
148 249 Binangonan Quezon St., Libis, Binangonan, Rizal
149 251 Nobel G/F, 110 Nobel Plaza, Valero St., Makati City
150 254 Salauag Molino-Paliparan Road, Salawag, Dasmariñas, Cavite
151 264 Trece2 Gov. Drive cor. Indang, Tanza Road
152 272 BetterLiving 2^^ Doña Soledad Avenue cor. Peru, Better Living, Parañaque City
153 268 Arayat2^^ Arayat cor. Pinatubo St. nr. cor. Edsa, Cubao Q.C.
154 274 Fields G/F HHH Commercial Bldg., 932 Fields Ave., Balibago, Angeles City
155 252 Talon J. Aguilar Ave. cor. Alabang-Zapote Road, Talon, Las Piñas City
156 262 PCU 2 Taft Avenue cor. Pedro Gil, Manila
157 270 Biñan3 A. Bonifacio cor. Gonzales St., Poblacion, Biñan, Laguna
158 256 Marikina Bridge^^ E. Rodrguez cor. J.P. Rizal St., Marikina
159 234 LaHuerta Quirino Avenue cor. Dandan St., La Huerta, Parañaque
160 276 Hansel Aurora Blvd. cor. Imperial, Cubao, Q.C.
161 250 Aurora^^ Aurora Blvd. cor. St. Mary, Cubao, Q.C.
162 220 Laguna BelAir^^ Sta. Rosa - Tagaytay Rd., Sta. Rosa, Laguna
163 248 Pasig Mega Mega Parking, Caruncho cor. Market Avenue
164 275 FEU^^ 913-919 Nicanor Reyes cor. Estiro de Alix, Sampaloc, Manila
165 231 Makati CityHall^^ 9033 Hormiga St., Brgy. Poblacion, Makati City
4
** FC1
^^ FC2/FC3
166 277 Session3^^ Upper Session Rd., Baguio City
167 282 Gatchalian Dr. A. Santos Ave. cor. Palanyag St., Parañaque City
168 278 Sagittarius** G/F Sagittarius Bldg., H.V. Dela Costa St., Salcedo Village, Makati
169 237 Orient Ruby Road, Ortigas Ctr., Pasig City
170 236 UP Manila Pedro Gil St. nr. cor. Taft Avenue, Malate, Manila
171 214 San Pablo2** Leonor St. cor. Maharlika Hi-way, San Pablo, Laguna
172 279 Marina** A. Mabini St., Malate, Manila
173 284 Burgundy G/F One Burgundy Plaza, Katipunan Ave., Q.C.
174 288 San Fernando2** Lam Bldg., San Fernando Crossing, San Fernando, Pampanga
175 289 Karuhatan^^ Gen. T. de Leon cor. Mc Arthur Hi-way, Kahuratan, Valenzuela
176 283 RCBC** RCBC Bldg. 3rd Flr. RCBC Poduim, Ayala Avenue cor. Buendia, Makati City
177 293 Plaridel^^ Cagayan Valley Road, Banga 1st, Plaridel, Bulacan
178 285 Emerald** Emerald Ave., Ortigas Ctr., Pasig City
179 294 Biñan 4** In front of Perpetual Help Hospital & College, Biñan, Laguna
180 295 King's Plaza King's Plaza, Juan Luna cor. Padre Rada St., Tondo, Manila
181 297 DFA G/F AIMS Bldg., Roxas Blvd. Service Rd. cor. Arnaiz St., Pasay City
182 299 Indang San Gregorio nr. cor. Mabini St., Indang, Cavite
183 301 Annapolis^^ G/F Continental Plaza, #45 Annapolis, Greenhills, San Juan, MM
184 296 Manansala Manansala Bldg., Estrella St., Rockwell Center, Makati City
185 300 Convergy's G/F Convergys, One Ayala Ave., cor. Salcedo St., Makati City
186 304 Starwood Kisad Road nr. cor. Marcos Hi-way, Baguio City
187 311 PDCP G/F PDCP Bank Center, VA Rufino cor. San Agustin, Salcedo Vill., Makati
188 317 Tanauan JP Laurel Highway cor. Mabini St., Tanauan City, Batangas
189 312 US Embassy Roxas Blvd. cor. U.N. Avenue, Ermita, Manila
190 303 Asian Mansion G/F Asian Mansion 2 Dela Rosa St., Legaspi Village, Makati City
191 307 Madrigal** G/F Madrigal Building Ayala Avenue, Makati City
192 318 Pearl Drive^^ Pearl Drive corner Lourdes St., Pasig City
193 309 AIC Galleria G/F AIC-Burgundy Empire Tower, ADB Ave., cor. Garnet Rd., Ortigas
194 308 LP Cityhall Alabang-Zapote Rd., F. Ocampo Ave., Pamplona 3, Las Piñas City
195 316 Xavier Hills Xavier Hills Condo. Tower 1, Granada St. cor. N. Domingo, QC
196 321 Buendia 2** Gil Puyat Ave. cor. FB Harrison St., Pasay City
197 302 Ayala FGU^^ Ayala Ave., Salcedo Village, Makati City
198 325 Sta.Cruz** P. Guevarra Ave. Brgy 3 Poblacion Sta. Cruz Laguna
199 323 Channel 7** 131 Timog Ave. cor. Samar St., Diliman, QC
200 322 St. Scholastica 896 Vito Cruz cor. Dominga St., Malate, Manila
201 329 Dangwa^^ 1300 Laonlaan St. cor. Don Quijote St. Sampaloc Manila
202 313 Northgate F@st bytes @North Gate cyberzone Alabang Muntinlupa
203 330 Imperial Tomas Morato Ave. cor Timog Ave Diliman QC
204 328 Cabanatuan 2^^ 199 Gen. Tinio cor. Mabini St., Quezon District, Cabanatuan, Nueva Ecija
205 333 Balibago Complex Balibago Complex Balibago Sta. Rosa Laguna
206 332 Legarda2^^ Legarda cor. Jhocson St. Sampaloc Manila
207 336 Padre Faura P. Faura cor MH del Pilar
5
** FC1
^^ FC2/FC3
208 315 Banaue^^ 426 Banaue Ave. cor Tirad Pass St. SMH QC
209 345 Baliwag2** Poblacion Plaza Naning Baliuag Bulacan
210 334 OWWA2 749 Victoria St. cor. Solana St. Intramuros Manila
211 342 R. Magsaysay 173 Edsa Cor. Ermin Garcia St., Cubao, Quezon City
212 346 Pedro Gil 1578 A. MABINI CORNER PEDRO GIL ST. ERMITA MANILA
213 338 Pagsanjan^^ Calle Rizal Pob. Pagsanjan Laguna
214 341 Olivarez^^ 8156 Dr. A. Santos Ave., Brgy. San Dionisio, Sucat, Parañaque City
215 814 Lian Batangas** J.P Laurel St., cor., Kapitan Isko St., Lian, Batangas
216 335 Mamatid Banlic,Cabuyao Laguna
217 343 Fields 2 Mc Arthur Highway, Balibago, Angeles City, Pampanga
218 350 Pacific Center San Miguel Ave., Ortigas Center, Pasig
219 344 Molino 3^^ Zapote- Molino Rd. Brgy. Molino3 Bacoor Cavite
220 349 Teachers Bliss^^ #1 Teachers Bliss,Balong bato Balintawak QC
221 347 Bulihan^^ B 275 L13 AFP Housing, Old Bulihan Rd., Bulihan, Silang Cavite
222 352 Baclaran 4 Roxas Blvd. cor. Rivera St., Baclaran, Parañaque
223 355 Vito Cruz^^ Unit 102&103 Cityland Tower One, Vito Cruz, Manila
224 354 Gordon Ave. Gordon Ave. cor. 6th St. Asinan, Olongapo City
225 356 Gualberto Zunio St. Gualberto Ave., Rosario, Batangas
226 366 SM Clark** Bayanihan Park, SM Clark, Balibago, Angeles City, Pampanga
227 353 Guagua^^ One Crown Property & Development, Plaza Burgos, Guagua, Pampanga
228 357 Tanza 2 Tanza Crossing, Daang Amaya, Tanza, Cavite
229 362 T. Mapua^^ 1512 C.M. Recto Cor. F. Torres & T. Mapua Sta. Cruz Manila
230 369 Balayan^^ 112 Plaza Mabini St. Balayan, Batangas
231 358 Dau #157 McArthur Hi-way, Dau, Mabalacat, Pampanga
232 360 Cabanatuan 3^^ Manson Bldg. Burgos Ave., Cabanatuan City
233 367 Riverbanks G/F ICT Bldg. 2, Riverbanks Center, Riverbank Ave., Barangka Marikina City
234 363 Lopez Drive^^ RIDC Bldg. Lopez Ave. Cor. Dr. A. Santos Ave., Paranaque City
235 371 Dagupan 3 M.H. Del Pilar Cor. A.B. Fernandez Ave., Dagupan City
236 372 Pascor Drive** Sky Freight Building, Ninoy Aquino Ave., Paranaque City
237 365 McKinley Hill Unit 1 G/F One Square, Upper McKinley Rd., McKinley Hill, Taguig City
238 377 Lucena 2 Lot #2771 - B Along Quezon Ave., Lucena City, Quezon
239 383 Maya Arcade** G/F Maya Arcade 678 Edsa, Cubao, Quezon City
240 379 Olongapo 3** West 18th St. Corner Anonas West Bajac-Bajac, Olongapo City
241 380 Citadella^^ CAA Rd. Corner Citadella Ave. Las Pinas City
242 374 Old Sta. Mesa^^ 4456 Valenzuela St. Sta. Mesa Manila
243 376 TSU Brgy. Cut-Cut Romulo Ave. Tarlac City
244 387 Binangonan 2** National Road Cor. Quarry Road Pantok, Binagonan Rizal
245 378 Blumentritt 1 Rizal Ave. cor. Blumentritt Sta. Cruz, Manila
246 381 Don Galo^^ 0423 Quirino Ave. corner Dimatimbangan St. Don Galo, Parañaque City
247 386 Palico Aguinaldo Highway Palico II Imus Cavite
248 389 Lucban Quezon Ave., Miramonte Subdivision Lucban, Quezon
249 391 Manaoag** Felix St. Cor. Garcia St. Manaoag, Pangasinan
6
** FC1
^^ FC2/FC3
250 384 One E-Com Unit 4,5 & 6 Harbour Drive Cor. Palm Coast Ave. SM Central Business Park, Pasay City
251 390 One McKinley One McKinley 26th St. Fort Bonifacio Global City, Taguig City
252 404 Pacific Regency G/F Pacific Regency Bldg. P. Ocampo St. Malate Manila
253 398 Gordon Hospital 104 Rizal Ave., East Tapinac Olongapo City
254 388 Bago Bantay #131 Ilocos Sur ST. Cor. Bukidnon st. Bago Bantay Quezon City
255 396 DLSU-Lipa National Hiway, Brgy., Paninsingin, Tambo, Lipa City
256 395 Imus 2** 97-B Aguinaldo Hiway Bayan Luma Imus, Cavite
257 1294 CPI Tuy^^ Brgy. Luntal, Palico Crossing, Tuy, Batangas
258 393 Trancoville 148 M Roxas Street, Baguio City
259 410 Sto. Niño - Meyc.^^ L. Camino Real Rd. Sto. Nino Meycauyan Bulacan
260 368 Naguillan^^ Naguillan Rd. Cor. Bokawkan Rd. Baguio Cit
261 412 Don Bosco Don Bosco Road. Cor Chino Roces Ave., Makati City
262 411 Sta. Maria^^ 49 Jose Corazon De Jesus st., Sta. Maria, Bulacan
263 375 Villamor** Lot 12 B.1 12th St. Airman's Village Airbase Area, Pasay City
264 409 San Pablo 3** Maharlika Hiway, San Pablo, Laguna
265 415 Mendez Proper Market Road Corner JP Rizal Mendez, Cavite
266 394 Maragondon Poblacion 1-A Maragondon Cavite
267 417 Subic Proper** National Hi-way Brgy. Baraka, Subic, Zambales
268 419 Gate 3** AFPOVAI Western Bicutan, Taguig City
269 400 FPIP No. 158 Sta. Anastacia, Sto. Tomas, Batangas
270 397 Sta. Rosa Estate^^ Sta. Rosa Highway, Sta. Rosa Estate, Sta. Rosa, Laguna
271 401 Philcom 8755 Paseo de Roxas, Makati City
272 413 BF Homes 2 BPI Sucat Dr. A. Santos Ave. Cor. Pres. Ave. BF Homes Paranaque City
273 421 AIC Gold^^ Unit 101 AIC Gold Tower F. Ortigas Cor. Garnet Road Ortigas Commercial Center, Pasig City
274 453 Tayabas Quezon Ave. Cor. P. Paterno St. Brgy. San Diego Tayabas Quezon
UG-01 One San Miguel Ave Condominium One San Miguel Ave, cor Shaw Blvd., Ortigas Center
275 420 One San Miguel
Pasig City
276 428 APC Balanga Tenejeros St. Balanga, Bataan
277 448 Pavillion Mall Space Nos. 143-B Bldg A G/F Pavilion Mall, Biñan, Laguna
278 426 Sindalan** McArthur Hi-way Sindalan, San Fernando Pampanga
279 422 La Union 1** Rizal Ave. cor. Gov. Ortega st., San Fernando City, La Union
280 444 Calamba 4 National Hiway cor Ipil-Ipil St., Calamba, Laguna
281 392 SM San Fernando Unit AX3 123b, Building 4, SM City Pampangga, Lagundi, Mexico Pampangga
282 424 Capaz^^ Mc Arthur Hi-way, Poblacion, Capas, Tarlac
283 427 Talavera^^ Maharlika Highway, Maharlika, Talavera
284 439 Porta Vaga^^ Fr. Carlu st. cor. Cathedral Drive, Baguio City
285 436 Leveriza^^ #665 CRI Bldg. President E. Quirino Ave. cor. Leveriza, Malate, Manila
286 443 Olongapo City Hall 23rd st., Rizal Ave., East Bajac-Bajac, Olongapo City
287 450 PWU 1807 G/F Nakpil St. cor. L. Guinto St. Malate, Manila
288 468 SM Lucena 115-116 SM City Lucena Dalahican cor. Maharlika Hiway Nat'l Rd. Lucena City
289 440 Total Corporate** Total Corporate Ctr Bldg., Bonifacio Triangle, Bonifacio Global City, Taguig City
290 451 Civic Prime Civic drive, Civic Prime Filinvest Corporate City, Alabang
291 403 Tagaytay 2** One Tagaytay Place Calamba Rd., Tagaytay City
7
** FC1
^^ FC2/FC3
292 432 Dakota Mansion^^ G/F Dakota Mansion, Malvar St., Cor. Adriatico St.. Malate, Manila
293 416 AUF Mc-Arthur High-way cor. Dona Aurora St., Angeles City, Pampanga
294 447 Kimston^^ 2650 Agutaya St. cor. EDSA, Pinagkaisahan, Makati
295 425 Sunny Brooke Blk 31 Lot 6 Brooke side lane brgy. San Francisco, Gen. Trias, Cavite
296 433 Batangas 3^^ Poblacion 18, Rizal Ave., Batangas City
297 449 Eastwood 2 G/F One Orchard Condominium, Orchard Rd., Eastwood City, Bagumbayan, Quezon City
298 458 San Marcelino^^ G/F CMC Bldg. #710 San Marcelino St., Ermita, Manila
299 431 Iba Zambales** Magsaysay Ave., Poblacion, Iba, Zambales
300 446 Paniqui UCPB Building along National Highway, Brgy. Estacion, Paniqui, Tarlac
301 438 Balanga Plaza^^ Aguirre St. Balanga City
302 429 Mendez Crossing Aguinaldo Hiway Mendez Junction East, Tagaytay City, Cavite
303 459 Palapala E.L Toledo Bldg. along National Hiway, Brgy. Sampaloc I, Palapala, Dasmariñas, Cavite
304 466 Sterling Centre G/F Sterling Centre, Ormaza cor. Dela Rosa Sts, Legaspi Village, Makati City
305 469 Sta. Rosa NE Maharlika Hi-Way, Sta. Rosa, Nueva Ecija
306 418 Multinational^^ J&P Bldg (Multinational) Ninoy Aquino Ave., Paranaque City
307 476 Mayapa National Highway Checkpoint, Paciano Rizal Calamba City Laguna
308 423 Calasiao^^ Poblacion East, National Road, Calasiao, Pangasinan
309 463 San Carlos Pangasinan^^ Virgen Milagrosa University Foundation Compd. San Carlos City, Pangasinan
310 3564 Calasiao 2** 101 Petroluem MacArthur Highway, Calasiao City, Pangasinan
311 430 Balanga Church J.P. Rizal St., Balanga City, Bataan
312 212 Lemery^^ Ilustre Ave., nr. cor., P. Burgos St., Lemery, Batangas
313 472 Nuvali** Retail Space 1 Nuvali Technopod, Sta. Rosa, Laguna
314 471 Valenzuela Exit Maysan Road, Paseo De Blas,Valenzuela City
315 474 Wynsum Unit G1-C Wynsum Corporate Plaza 22 F. Ortigas Jr. Rd., Ortigas Center, Pasig City
316 455 Pearl Drive 2 G/F Unit 102, Pacific Place Condominium, Pearl Drive, Ortigas Ctr, Pasig City
317 480 Philtranco** 610 Apelo Cruz St., Malibay, Pasay City
318 486 Alabang Med^^ Unit 1 G/F Aurora Bldg, Alabang Zapote Rd., Mutinlupa City
319 445 NE Pacific^^ Km 111, Brgy. H. Concepcion, Maharlika Hi-way, Cabanatuan City
320 460 Telus Arcade 6 &7 G/F Telus Bldg., Araneta Center, Cubao, Quezon City
321 464 OSMAK Blk 5 Lot 18 Sampaguita cor. Escarlata, Pembo, Makati City
322 454 Cogeo^^ Marcos Hiway cor. GSIS Ave., Bagong Nayon 1, Antipolo City
323 462 Gen T. De Leon^^ Gen. T. De Leon St. Valenzuela City
324 508 Heart Center G/F Philippine Heart Center, East Ave., Quezon City
325 452 Pio del Pilar** Chino Roces Ave. (Pasong Tamo) cor. Dela Rosa st. Makati City
326 487 Vista Verde G/F Unit 1,2,3,4 Vista Square Comm'l Center, Felix ave., Cainta, Rizal
327 495 Sun Plaza G/F Sun Plaza Shaw Boulevard, cor Princeton st., Mandaluyong City
328 498 SM Cyber One^^ Retail Space 4, Buendia Ave., Makati City
329 513 One Solaris^^ Retail 2 G/F One Solaris Bldg, Dela Rosa St., Legaspi Village, Makati City
330 434 Malibay Plaza 2** Reance Bldg. 93 C. Jose st. cor. Malibay Ave., Pasay City
331 490 12th Ave.^^ Ten Commandments Bldg. 689 Rizal Ave, Grace Park, Caloocan City
332 481 Net Plaza^^ Unit 14 E-Square Zone, Crescent Park West, Bonifacio Global City, Taguig
333 516 NE Crossing Maharlika Highway Cor. Burgos Ext. Cabanatuan City Nueva Ecija
8
** FC1
^^ FC2/FC3
334 504 Paragon Plaza Upper G/F Paragon Plaza Condominium, EDSA cor. Reliance St., Mandaluyong City
335 510 LKG 11th Flr. LKG Tower 6801-6803 Ayala Ave., Makati City
336 528 BPO San Lazaro** Retail 4, Vertex 1 Bldg. Yuseco Cor. Felix Huertas, San Lazaro Racetrack, Sta Cruz, Manila
337 548 SLEX (G)** KM 22 South Luzon Tollway (Northbound) San Antonio San Pedro Laguna
338 545 Capas- Junction (G)** National Road Sto. DomingoJunction, Capaz, Tarlac
339 478 JP Rizal 2^^ 347 JP Rizal Ave. Cor. Pasong Tamo Ave. Makati City
340 529 Port Area** 637 Bonifacio Drive, Port Area, Manila
341 552 Malolos Crossing E & R , McArthur Highway cor., Mabini St., Malolos Bulacan
342 512 Philam^^ 9/F Philam Life Building, Paseo De Roxas, Makati City
343 470 Balanga Kapitolyo** Capitol Drive Balanga Bataan
344 473 VG Cruz Ramon Magsaysay Blvd. Cor. Vicente Cruz St. Sampaloc Manila
345 533 Dagupan 4^^ G/F Orient Pacific Center cor. Perez Blvd., Rizal Ext., Dagupan City, Pangasinan
346 489 Eco Plaza Pasong Tamo Extension, Makati city
347 501 Sto. Domingo McArthur Hi-Way cor. Apo rd. Sto. Domingo, Angeles, Pampanga
348 527 Retiro 2 311-313 N.S. Amoranto St. Sta Mesa Heights, Quezon City
349 540 Grand Hampton Grand Hampton Place, 1st Ave., and 31st St., Fort Bonifacio Global City, Taguig
350 562 Daang Sarile (G)** Daang Sarile Caltex Station, Daang Sarile, Cabanatuan City
351 518 SM Cyber Two Unit 7 Sen. Gil Puyat Ave. Cor. Zodiac St., Makati City.
352 570 Wilson (G)** Wilson cor. Ortigas San Juan, City
353 560 San Fernando NLEX (G)** KM 62 NLEX North Bound Brgy. San Felipe, San Fernando Pampanga
354 561 Tarlac 2 (G)** Mc. Arthur Hi-Way, Tarlac Tarlac City.
355 582 McKinley San Juan (G)** Ortigas Ave., McKinley, San Juan
356 2466 San Roque 2, Tarlac City** McArthur Highway, Brgy. San Roque, Tarlac City
357 576 Boni EDSA (G)** EDSA cor., Boni Ave., Mandaluyong
358 535 ATC Entertainment Complex, Alabang Town Center, Muntinlupa City
359 583 Harvard EDSA (G)** EDSA corner Harvard St., Makati City
360 483 Fort Legend** Blk 7 Lot 3 3rd ave. cor. 31st st. Fort Bonifacio Global City, Taguig City
361 599 Burnham (G)** Chanum cor., Otek St., Burnham Park, Baguio City
362 524 R. Papa 813 R. Papa and S. H. Loyola St., Sampaloc Manila
363 525 Muñoz 2^^ BLk 3 Lot 7 R. Magsaysay. EDSA, Munoz, Quezon City
364 596 San Pascual (G)** San Pascual, Batangas
365 519 UP Los Baños Student Union Bldg. University of the Philippines Los Baños, Laguna
366 502 Rockwell Business Center Tower 2 (North) Level 1 Unit No. N-02 Rockwell Business Center, Pasig City
367 461 Lamuan-Manotok JP Rizal cor. Visayas St., Filipinas Village, Malanday, Marikina
368 505 Makati Ave. 2^^ Makati Ave. Cor. Constelllation st., Brgy. Bel-air, Makati City
369 517 New Port Star Cruises Center, Andrews Ave. Pasay City
370 581 DMG Center DMG Center, Libertad cor. Calbayog St., Mandaluyong City
371 493 San Pablo 5 Brgy. 6A Mabini St., San Pablo City, Laguna
372 565 Mabalacat Velasquez St., Mabalacat Proper, Pampanga
373 594 Victoria de Manila Shoppes @ Victoria Space No. 101 G/F Victoria De Manila, Taft Ave., Manila
374 530 Net Square** 3rd Avenue cor., 28th St., E- Square, Crescent Park West, Bonifacio Global City, Taguig M.M.
375 534 Eastwood 3 /F Eastwood Citywalk 2, Eastwood City Cyber Park E. Rodriguez Jr. Ave., Bagumbayan, Q.C.
9
** FC1
^^ FC2/FC3
376 539 Tagaytay 3 Magallanes Square, Silang Junction West, Tagaytay City
377 580 Silver City G/F Unit L1-003A, silver City, Frontera Verde, Pasig City
378 586 Muzon** Brgy. Muzon San Jose Del Monte Bulacan
379 482 Villa Amparo Villa Amparo Subd., Aguinaldo Highway, Imus Cavite
380 563 Concepcion Tarlac Brgy. San Nicolas, Concepcion Tarlac
381 585 TRAG GL 10 The Residences, Arnaiz St., Makati City
382 500 Binondo^^ Burke Plaza Sto. Cristo Cor. San Fernando St. Binondo Manila
383 485 Berthaphil 4^^ Bldg 2 - Retail 1 Berthaphil 4, Clark Aviation Complex, A. Bonifacio Avenue, CFZ, Pampanga
384 541 San Miguel^^ 906 Norberto St., Brgy. San Jose, San Miguel, Bulacan
385 226 Legarda^^ 2108 Legarda St., Quiapo, Manila
386 639 Lingayen 1** National Hi-way, Lingayen, Pangasinan
387 2421 Labrador, Pangasinan Labrador, Pangasinan
388 603 Fortune Square** McArthur Hi-way, cor. Villa Julita Subdivision, Brgy. Saguin, San Fenando, Pampanga
389 554 N. Garcia** 158 Jupiter St., Cor. N. Garcia St.,Bel Air Village, Makati City
390 558 Welding Bldg.^^ Upper Building, 349 Sen. Gil J. Puyat Ave., Makati City Metro Manila
391 610 Olongapo Public Market Canda St., East Bajac - Bajac, Olongapo City
392 494 Los Baños 2^^ Lopez Ave. cor. Mt. Halcon St., Los Baños Subd, Batong Malake/San Antonio, Los Baños, Laguna
393 613 Baliuag Highway** DRT Highway, Pinagbarilan, Baliuag, Bulacan
394 515 Castillejos** National Hi-way, Castillejos, Zambales
395 621 Lifehomes^^ Lot 1-B-1-B, Ortigas Ave., Ext., cor. Alfonso St., Brgy. Rosario, Pasig City
396 587 Marvin Plaza Chino Roces cor., Herrera St., Makati City
397 615 San Pedro 5 Lot 8 AB National hghway cor Garcia st,Nueva Poblacion San Pedro Laguna
398 608 Zaragosa^^ Corner Concepcion, Zaragoza, Nueva Ecija
399 567 San Isidro N. 35 Brgy. San Isidro, Cabuyao, Laguna
400 568 Camiling Arellano St. corner Quezon Ave., Camiling, Tarlac
401 590 Kingswood^^ U/GF, Units A27 a,b and c Kingswood Makati City
402 536 San Andres G/F Gem Square Bldg., San Andres St. cor. Mabini, Manila
403 503 Centris 1 G/F Eton Cyberpod Centris Edsa, Near Cor. Quezon Ave., Quezon City
404 606 Diamond Square Mac Arthur Hi-way corner M.A. Flores Balibago, Angeles City
405 648 Guadalupe 4^^ Kimston Plaza Building, P. Burgos St., Guadalupe, Makati City
406 589 Manila Executive Regency Unit 5 & 6 Ground Floor, Manila Executive Regency, Jorge Bocobo St., Ermita Manila
407 617 Grandview Angeles Lot 19-B, Don Juico Ave., Malabanas, Angeles City
408 551 Woodridge G/F The Woodridge Bldg., Upper Mckinley Road., Mckinley Hill, Taguig City
409 556 Batangas 4^^ Manuela Pastor Ave. Corner Highway, Pallocan West, Batangas City
410 614 Bansalangin^^ # 4Bansalangin st brgy Veterans Village QC
411 616 Engineers Hill 101 Engineers Hill St., Jude Thaddeus Complex cor. Nevada Road and Guinto Alley, Baguio City
412 607 Enclave The Enclave, Fil-Am Friendship Hi-way, Pampang, Angeles City
413 630 Mayfair Tower Commercial C, G/F Mayfair Tower, UN Ave., cor. Mabini St., Ermita Manila
414 649 St. Francis Towers St. Francis Drive, Ortigas Center, Pasig City
415 646 Pulilan^^ National Rd., Brgy., Poblacion, Pulilan Bulacan
416 624 Tagaytay 4** Olivarez Plaza along E. Aguinaldo Highway, Tagaytay City
417 619 Buendia 4 No. 317 Sen Gil Puyat Ave., Pasay City
10
** FC1
^^ FC2/FC3
418 688 Cabanas Mall** McArthur Hi-way,Brgy.Longos Malolos Bulacan
419 628 Subic International Hotel Unit 142/ 144 & 146/148, SIH Alpha Bldg. Freeport Zone, Subic Bay, Olongapo City
420 579 Malinta 2 Unit 17, Danding Bldg., Cecilio J. Santos St., Valenzuela City
421 641 España Grand^^ España cor., Tolentino cor., Eloisa, Metro Manila
422 497 Molito Complex^^ Madrigal Ave., Madrigal Business Park, Alabang Muntinlupa
423 638 Carmelray Makiling Drive., Carmelray Industrial Park II, Calamba Laguna
424 640 Mangaldan** National Road,Mangaldan Town Proper,Pangasinan
425 635 Noveleta Poblacion Noveleta, Cavite City
426 574 Salawag 2 Paliparan Road, Salawag Crossing Dasmariñas, Cavite
427 623 Hidalgo^^ Unit 2 & 3, Isabelle de Hidalgo Bldg. St., cor., Cancer St., Quiapo Manila
428 604 Dewey Avenue Lot 2, Block 18, Dewey Ave., cor. Aguinaldo Highway, CBD, Subic Bay Freeport Zone
429 578 Malanday 2^^ Brgy. Malanday McArthur Highway, Valenzuela City
430 636 Betterliving 3^^ 27 Doña Solidad cor. Australia Sts., Betterliving Subdivision, Don Bosco, Parañaque City
431 612 Pag-asa Imus^^ National Rd., cor. Alapan St., Pagasa, Imus, Cavite
432 679 NAIA 3** MIAA, 4th Level, Unit 37, Southwing offfice NAIA Terminal 3, Pasay City
433 668 V. Santos** 16 V. Santos cor. Santos Streets, Sto. Nino, Marikina City
434 675 Patts Dr. A Santos Avenue, San Isidro, Paranaque City
435 620 FVR Area D (Sta. Cruz), Sapang Palay, San Jose Del Monte City, Bulacan
436 611 San Marcelino Zambales** National Highway Central, San Marcelino, Zambales
437 632 Sixto A. Ave. Dr. Sixto Antonio Ave, Maybunga, Pasig City
438 709 Caltex Balibago** Balibago cor. San Lorenzo Rd. Sta. Rosa Laguna
439 553 Tustine Alabang Molino St., South Super Highway, Alabang, Muntinlupa City
440 629 Pansol^^ National Highway purok 1 Pansol Calamba, City of Laguna
441 669 City Oil Fairview Commonwealth Ave., cor. Pearl St., Fairview Quezon City
442 673 Burke Quintin Paredes Burke House No. 8, Quintin Paredes cor. San Vicente St., Binondo Manila
443 626 Berthaphil 5** Berthaphil V, Gil Puyat Ave., cor. Panday-Pira Rd., CFEZ, Angeles, Pampanga
444 717 Malasiqui** Montemayor St., Poblacion Malasiqui, Calasiao Rd. Pangasinan
445 711 Tanauan 2** Brgy. Darasa, Tanauan City, Batangas
446 605 Molino 5^^ Molino Rd., Brgy. Molino III, Bacoor Cavite
509 Woodlands
447 G/F Pioneer Woodlands Showroom, EDSA near cor. Pioneer St., Mandaluyong City
Pioneer**
448 592 Sampol^^ Brgy. Bagong Buhay, San Jose Del Monte Bulacan
449 680 Taytay 3 Manila East Rd. cor., Italia St. Brgy. Muzon Taytay Rizal
450 622 Makati Executive Tower 3 Unit 6 and 7, G/F Makati Executive Tower 3, Sen. Gil J. Puyat Ave., Makati City
451 713 Suburbia** McArthur Hi-way Brgy. Maimpis San Fernando Pampanga
452 654 Paniqui 2 M. H Del Pilar cor., Luna St., Paniqui, Tarlac
453 674 Zapanta Santa Rita St., cor., Orense St., Makati City
454 681 DENR DENR Bldg., 1515 Roxas Blvd., Manila
455 557 La Salle Med** Bario Pasang Tala, Dasmariñas Cavite
456 618 Angelo King - CSB Arellano Ave., Malate Manila
457 685 Friendship Highway Lot 15, Blk 6, Frienship Hi-way, Brgy. Anunas, Angeles City
458 684 Escoda 2116-2117 G/F Guerero Bldg. Leon Guinto St. near cor. Escoda St. Ermita Manila
459 645 MCU 3^^ EDSA cor., Serrano Ave., Caloocan City
11
** FC1
^^ FC2/FC3
460 665 A. Mabini^^ 2116-2117 A. Mabini St., Malate Manila
461 670 Mercedes Ave.^^ Evergreeen 101, C. Raymundo Ave., San Miguel, Pasig City
462 657 G. Tuazon 2 1850 G. Tuazon St., Sampaloc Manila
463 706 Aria Real St. cor. Aria St. Las Piñas City
464 689 Burnham Park 2** Shanum St.cor. Otek St. cor. Lake Drive, Burnham Park, Baguio City
465 664 Tejeron Tejeron St., Sta. Ana Manila
466 701 Sanrise M.H. Del Pilar** 2164 M. H. del Pilar St., Malate Manila
467 694 Pili** Maharlika Highway cor., Santiago St., Brgy. San Vicente, Pili, Camarines Sur
468 698 4th Ave. 4th Ave. cor. P. Sevilla St. Grace Park (West), Caloocan City
469 697 Bayambang** National Highway, Bayambang Pangasinan
470 2169 Urbiztondo, Pangasinan Poblacion Urbiztondo, Pangasinan
471 660 Scout Tobias** Cedar Executive Bldg., # 26 Timog Ave., cor., Scout Tobias., Brgy Laging Handa, Q.C.
472 456 Sariaya Gen. Luna St. National Hi-Way Sariaya, Quezon
473 692 Attivo SF G/F Unit101B and 102B , Gapan- Olongapo Rd. San Fernando, Pampanga
474 721 San Mateo 103 Gen, Luna Ave., Gitnang Daan 1. San Mateo Rizal
475 569 Mabolo Bacoor Mabolo, Bacoor Cavite
476 686 Lubao Pampanga** #24 J.P. Rizal St., Sta. Cruz, Lubao, Pampanga
477 662 Lingayen 2** cor. Artacho and Alvear Sts., Lingayen, Pangasinan
478 672 Bauan 2^^ Manghinao Proper, Bauan Batangas
479 712 Cardinal Santos Hospital Medical Arts Building Cardinal Santos Medical Canter, Wilson St. San Juan City
480 677 Tugatog Malabon 17 M.H. Del Pilar Rd., cor. Pureza St.,Tugatog Malabon City
481 723 Angono 2^^ Manila East Road cor., Col. Guido St. Agono Rizal
482 727 Agoo La Union** 16 McArthur Highway, Agoo, La Union
483 732 Bauang La Union Central East, Bauang, La Union
484 767 Dagupan Lyceum** A.B Fernandez Ave. Dagupan City
485 663 Moriones 557 Moriones St., Tondo Manila
486 644 Citrus Brgy Minuyan, San Jose Del Monte, Bulacan
487 699 Dagupan 5** Burgos St. cor. Bonifacio St. Dagupan City, Pangasinan
488 729 Anabu Kostal** Anabu Wet and Dry Market, Aguinaldo Highway, Anabu II-A, Imus Cavite
489 722 Alimall 2 G/F Alimall, P. Tuazon, Araneta Center, Q.C.
490 627 BSA Tower G-4 BSA Tower Condominium, No. 108 Legaspi St. Legaspi Village, Makati City
491 676 Rivercity Residences (LUI bldg) 2143 Carreon St., Sta. Ana Manila
492 696 Betterliving 4 (Caltex Doña Soledad) Lot 18, Doña Soledad Ave. Betterliving Subd. Parañaque City
493 716 Tumana Farmers Ave., cor. J.P. Rizal St., Concepcion, Marikina
494 714 System Plus Diamond Service Road, Mc Arthur Hi-way, Angeles City
495 704 Mindanao Avenue** 547 Quirino Hi-way. cor. Mindanao Ave. Talipapa, Novaliches, Q.C.
496 731 Southwoods Exit^^ Rosario Complex, San Vicente, San Pedro Laguna
Unit 9-2, 9th flr. Net One Center, 3rd Ave., cor., 26th St., E-Square, Cresent Park West,
497 690 Net Cube
Bonifacio Global City, Taguig, MM
498 728 University of Baguio FB bldg., Assumption Rd., Baguio City
499 719 Deparo^^ Deparo Rd., cor. T. Samson Ave., North Caloocan City
500 730 Washington** Unit 3, AGS Plaza, Washington St., Brgy. Pio Del Pilar, Makati City
501 736 F. Tañedo 1^^ F. Tañedo St.,San Nicolas, Tarlac City
12
** FC1
^^ FC2/FC3
502 703 Mckinley 1820 Unit A, McKinley Road McKinley Town Center, Fort Bonifacio, Taguig City
503 702 Naga 1** Grand Imperial Plaza cor. P. Burgos and J. Hernandez Ave. Naga City 4400
504 715 One Archer's Unit 6, G/F of One Archers Place, Taft Ave., Malate Manila
505 726 Paliparan Mabuhay City, Paliparan Dasmariñas Cavite
506 780 Pulang lupa 2 B5 Lot 6 Guinto Park Sudv. Naga Road cor., St. Joseph Ave., Pulang Lupa II, Las Piñas City
507 742 Gastambide 621-629 Dormitory, Gastambide, Sampaloc Manila
508 745 Antel Spa** 7829 Makati Avenue cor., Valdez St., Makati City
509 750 Mabini Soldado G/F 1533 A. Mabini St., cor. Soldado St., Ermita, Manila
510 789 Caltex BSU Caltex Gas Station; McArthur Highway , BO., Guinhawa, Malolos City, Bulacan
511 735 West Rembo^^ Lot 1 Blk. 76, Brgy. West Rembo, Makati City
512 744 F. Manalo F. Blumentritt cor., F. Manalo, San Juan City
513 720 El Jardin Retail Unit 1, El Jardin del Presidente, No. 41 Sgt. Esguerra St. Cor Scout Bayoran, Quezon City
514 764 Carluyan N.U. M.F Jhocson St., Sampaloc , Manila
515 707 Concepcion Uno Bayan Bayanan Ave. Brgy. Concepcion 1, Marikina City
516 653 Bacoor 2 141 Evangelista St. Daang Bukid, Bacoor Cavite
517 718 Towerville^^ Brgy. Minuyan Proper, San Jose Del Monte, Bulacan
518 743 Pulong Buhangin** National Hi-way, Brgy Pulong Buhangin, Sta. Maria Bulacan
519 839 Total Tarlac** Mc Arthur Highway, Tarlac City, Tarlac
520 772 Tanay 2 Market Road cor. F.T. Catapusan St. Brgy. Plaza-Aldea, Tanay Rizal
521 769 San Fernando 3 Gen. Hizon Avenue, San Fernando, Pampanga
522 760 Comembo** Comembo Commercial Complex. JP Rizal Extension, Makati City
523 813 Biñan Caltex** Malvar St. Brgy. San Antonio, Biñan Laguna
524 776 CBD Hotel (Naga Terminal)** G/F of CBD II Hotel, Ninoy and Cory Ave., Brgy. Triangulo, Naga City
525 738 Sumulong 2^^ Sumulong Highway cor. B Soliven Ave., Antipolo City
526 758 Dalandanan^^ Brgy. Dalandanan, Lazaro St. cor. Mc Arthur Highway, Valenzuela City
527 838 Mariveles** No. 91 Lakandula St., cor., P. Burgos St., Poblacion, Mariveles, Bataan
528 643 Edsa Grand EDSA cor Corregidor St. Bago Bantay Q.C
529 651 Total Balanga National Rd., Calero St., Brgy., Ibayo, Balanga, Bataan
530 678 Xevera** Brgy. Tabun, Mac Arthur Highway, Mabalacat, Pampanga
531 791 Imus 4** Buhay na Tubig, Imus Cavite
532 808 Binmaley** G/F Purification Building Poblacion, Binmaley, Pangasinan
533 811 Tanauan 3 Pres. Laurel Highway cor., Molave St., Tanauan Batangas
534 733 Forest Hill^^ Quirino Highway and Forest Hills Drive. Forest Hills Subd., Novaliches, Quezon City
535 796 San Fernando 4 Consunji cor., Abad Santos St., Poblacion, San Fernando, Pampanga
536 795 BF Resort 2 Blk. 1 Lot 4 BF Drive BF Resort Village, Las Piñas City
537 797 Old Balara #986 Tandang Sora Ave., Brgy., Old Balara, Quezon City
538 705 CWC** Cadlan, Municipality of Pili, Province of Camarines Sur
539 753 F. Tañedo 2 F. Tañedo St., Tarlac City
540 768 Navotas^^ 635 M. Naval St., cor. C-4 Rd., Bagumbayan North, Navotas City
541 770 Manila Cityhall Arroceros St., Ermita, Manila
542 874 Kidney Center** East Ave. Quezon City
543 826 Phoenix^^ Phoenix Lucena, Maharlika Highway, Lucena City
13
** FC1
^^ FC2/FC3
544 762 Supercenter G/F Supercenter, Araneta Center, Quezon City
545 872 Total San Pablo^^ Total Gas Station, Maharlika Highway San Pablo City Laguna
546 2139 Matabungkay Lian** Brgy. Matabungkay, Lian, Batangas
547 830 Total Cutcut Friendship Hi-way corner Poinsenttia St.Angeles, Pampanga
548 856 Guimba** No. 16 A Salvador St., Bargain St. Guimba, Nueva Ecija
549 773 Raon G. Puyat cor., Quezon Blvd., Raon, Quiapo Manila
550 842 Naguillan Poblacion Naguillan road corner Rimando St., Naguillan La union
551 724 Manila Residences Unit 101-102 and 127-128, The Manila Residences, 2320 Taft Ave., Malate Manila
552 748 Camp John Hay** Space 4, Baguio Technohub Retail Plaza BPO-A, Camp John Hay, Baguio
553 757 Naga 3 (Sunny View Hotel) Panganiban Drive, San Francisco, Naga City
554 805 East Ave. 2 G/F NCHP Bldg. EDSA cor. East Avenue, Brgy. Pinyahan, Quezon City
555 827 Tagaytay City Market** City Market, Tagaytay Sta. Rosa Road, Brgy San Franciso , Tagaytay City.
556 828 Bay^^ Brgy. Dila, Bay, Laguna
557 829 Areza National Highway Brgy., Canlalay
558 889 Eastern Petroleum** Rizal ave. and Argonaut Highway NSD Compound, Subic Bay Freeport zone
559 790 Sta. Cruz 2 Sitio Sampaguita, Brgy. Bubukal, Sta. Cruz Laguna
560 775 Cabanatuan 4^^ Mahalika Highway, Cabanatuan City
561 824 St. Aquinas Sto. Tomas** General Malvar Avenue, Sto. Tomas, Batangas
562 876 Magalang** Sta. Cruz, Magalang Pampanga
563 807 Urdaneta 3** Mc Arthur Hi-way, San Vicente,Urdaneta City, Pangasinan
564 894 Macabling** Brgy. Macabling, Sta. Rosa, Laguna
565 819 St. Lukes 2 St., Luke's Medical Bldg., E. Rodriguez Sr., Quezon City
566 846 Tanza 3** Blk 1 Lots 4 and 5, Filinvest West, Brgy. Paradahan, Tanza Cavite
567 752 Bustos Brgy. Poblacion Bustos Bulacan
568 781 Kingsville Marcos Hi-way Brgy. Mayamot, Antipolo City
569 866 Gumaca** Andres bonifacio Street, corner J.P Brgy Rizal, Gumaca, Quezon
570 818 Lucban 2 Brgy. Tinamnan, Lucban, Quezon
792 Sta. Monica (Ave. of the Arts
571 Roxas Boulevard corner Sta. Monica & L.M. Guerrero St., Ermita, Manila
Residences)
572 852 Bucandala** Patindig araw corner alapan road, bucandala Imus Cavite
573 887 San Antonio Zambales** San Marcelino-San Antonio-San Narciso Road, Poblacion San Antonio, Zambales
574 782 SeaOil Pritil^^ 1688 Juan Luna St. Brgy. 61, Zone 005, Tondo, Manila
575 784 Teresa Magsaysay Ave., Brgy., San Gabriel Teresa Rizal
576 882 Atimonan Poblacion G/F Renegado Property Rizal Street corner Quezon St., Atimonan, Quezon
577 806 Villaflor** National Rd., Brgy. Poblacion, Dagupan City, Pangasinan
578 812 Paciano^^ Paciano Highway, Brgy. Paciano Rizal, Calamba, Laguna
579 725 Bagong Ilog G/F AVC Bldg., E. Rodriguez Ave., cor., Sta. Rosa St., Bagong Ilog Pasig
580 761 Naga 2 (Ateneo Ave.) No. 2, Ateneo Ave., cor. Bagumbayan St., Naga city
581 821 Cityplace Binondo City Place Binondo, Sta. Elena St., Binondo, Manila
582 815 Pila Highway Brgy. Labuin, Pila Laguna
583 836 Torre Venezia Sct. Santiago, corner Timog Ave., Quezon City
584 555 C. Raymundo^^ #64 Stella Mariz cor., C. Raymundo Ave., Maybunga Pasig City
585 751 Emar Suites 409 Shaw Blvd., Mandaluyong City
14
** FC1
^^ FC2/FC3
586 804 Amorsolo # 146 Amorsolo St., Legaspi Village, Makati City
587 786 BF Homes 3 G/F of Omega Star Bldg. 1112 Aguirre BF Homes, Parañaque City
588 851 Lopez, Quezon** Maharlika Highway, corner San Isidro Street, Lopez, Quezon
589 783 Divine Mercy** Marilao- Muzon Rd., Brgy., Sta Rosa 1, Marilao Bulacan
590 843 Mayapa 2** Mayapa Road, Brgy. Mayapa, Calamba Laguna
591 898 San Carlos 2 33 Rizal St., San Carlos City, Pangasinan
592 817 Malinta 3^^ Mc Arthur Hi-way corner Gov. Santiago Malinta, Valenzuela City
593 746 Gen. Luna (Baguio)^^ Gen. Luna St. Baguio City, Benguet
594 841 United Paranaque 2 Tindalo corner E. Services Road, Paranaque City
595 896 Katipunan** 48 Esteban Abada St., corner Rosa Alvero St., Loyola Heights, Katipunan, Quezon City
596 831 Marcos Hiway Baguio City (ECC)** ECC Building Brgy. Bakekang, along Marcos Highway, Baguio City
597 865 Perez Inong Building, Governor's Drive corner Hugo Perez Drive Trece Martirez, Cavite
598 859 Landayan Brgy. Landayan, San Pedro, Laguna
599 802 Market Avenue** Market Ave., cor. M.H. Del Pilar Pasig City
600 895 Cuenca** Poblacion 1 National Highway, Cuenca, Batangas
601 853 Tayug** Bonifacio St. Brgy. B. Tayug Pangasinan
602 835 Banawe 2^^ Banawe cor Quezon Blvd., Quezon City
603 908 Dinalupihan** #3 San Ramon Highway, Dinalupihan, Bataan
604 857 Dita Margarita Brgy. Dita, Sta. Rosa City, Laguna
605 763 Manhattan G/F Manhattan Parkway, Araneta Center, Quezon City
606 825 Lucena 3 Quezon Avenue, Lucena City
607 801 Riverbanks 2 73 A. Bonifacio corner Chorillo St., Brgy., Barangka, Marikina City
608 810 Macabebe Poblacion, Macabebe, Pampanga
609 877 Tune Hotel** 1740 A. Mabini Street, Malate, Manila
610 893 Famy Brgy. Calumpang, Famy, Laguna
611 737 San Roque Tarlac Brgy. San Roque, Tarlac, Tarlac
612 847 Alaminos** Teodoro Bldg., Quezon Ave., Across NEPO Mart, Alaminos City Poblacion
613 779 Sta. Quiteria Sta. Quiteria, Caloocan City
614 860 Asuncion (ex MS) Asunsion St., cor., Zaragosa St., Divisoria, Tondo, Manila
615 837 Tiaong Stop Over Villa Escudero, Maharlika Hi-way, Brgy Lalig, Tiaong
616 886 Libmanan G/F Dy Property, Poblacion Street, corner Bigaon St., Libmanan, Camarines Sur
617 845 Plaridel Waltermart Banga 1, Plaridel, Bulacan
618 903 OYG Building G/F OYG Building B. Mendoza St., San Fernando, Pampanga
619 759 CDC Clark (Our Homeplate)** E. Aguinaldo Ave., cor. E. Quirino St., Clark Freeport Zone
620 888 La Union 2 (DMMMSU)** McArthur Highway, Sevilla, Sam Fernando City, La Union
621 794 Bagtikan** 1180 Chino Roces cor., Bagtikan St., Brgy. San Antonio, Makati City
622 890 Lima Tech (Malvar Batangas)** Santiago, JP Laurel Highway, Malvar, Batangas
623 912 Calamba Science Park** Science park II, National Rd., Real Calamba Laguna
624 809 Paliparan 2** Paliparan- Molino Road, Paliparan III, Dasmariñas Caviite
625 875 Menzy Land^^ Brgy Mojon, Malolos, Bulacan
626 878 Shell Diversion Roxas Ave. Triangulo, Naga City, Camarines Sur
627 855 UERM R.Magsaysay Blvd. Ext. Quezon City
15
** FC1
^^ FC2/FC3
628 942 Munoz, Nueva Ecija** Infante Bldg, Science City of Munoz, Nueva Ecija
629 883 Madapdap** San Fernando Avenue corner Porac Avenue, Brgy. Dapdap, Mabalacat, Pampanga
630 885 San Fabian** Quezon Highway San Fabian, Pangasinan
631 914 Nabua** San Roque Poblacion, Nabua, Camarines Sur
632 869 Finman 117 Tordesillas St. Salcedo Village, Makati City, Metro Manila
633 766 K- Zone K-Zone Bldg., NIA-PDEA cor., EDSA, Brgy. Pinyahan, Quezon City
634 863 Tanauan 4** A. Mabini Avenue, Tanauan City
635 897 Lucena 4 (Lee Property) M.L Tagarao Street, Barangay Iyam, Lucena City
636 899 Sotto Unit 117 Sotto-Yuvienco Building, 910 Gonzales St., cor., Gen Luna St., Ermita, Manila
637 901 Gen Trias Poblacion Sampalukan St., Poblacion, Gen. Trias, Cavite
638 925 Tuy Rizal St., Poblacion, Tuy, Batangas
639 933 UCLM** MYFC Building, A.C. Cortez Avenue, Mandaue City
640 948 Escario Central** N. Escario, Barangay Kamputhaw, Cebu City
641 834 Remington Hotel Ground Floor Shop 2, Remington Hotel, Newport City
642 934 JY Square Mall Salinas Drive, corner Gorordo avenue, Lahug Cebu City
643 935 Tune Hotel Cebu 36 Archbishop Reyes Avenue, Cebu City
644 938 Ibaan, Batangas** J. Pastor St. Poblcion, Ibaan, Batangas
645 754 Mines View Plaza Outlook Drive, Mines View Park, Baguio City
646 749 SM TwoE-com Retail 10 G/F, Two Ecom Center Ocean Drive, Mall of Asia Complex, Pasay City
647 913 Pagsawitan Brgy. Pagsawitan, Sta. Cruz, Laguna
648 940 Rada** G/F HRC Center located at 104 Rada St. Legaspi Village Makati City
649 950 Bigfoot G/F Bigfoot Center F. Ramos St, Cogon Central Cebu City
650 989 CPI Mango Ave.** Gen. Maxilom Avenue (Mango Ave.), corner Juana Osmena Street, Cebu City
651 991 CPI NRA (North Reclamation)** Ounao Ave., North Reclamation Area, Mandaue City
652 937 VRP-Sierra Madre** Sierra Madre St., Brgy Highway Hills Mandaluyong City
653 920 Malvar Poblacion Poblacion, Malvar, Batangas
654 990 Banilad** AS Fortuna Street, corner Gov. M. Cuenco, Banilad, Cebu City
655 915 Alaminos, Laguna Del Pilar St., Alaminos, Laguna
656 850 Airport Road 2 Roxas Boulevard coner Airport Road, Baclaran, Parañaque City
657 864 Legislative Bldg. Rizal St., cor. Hilario St., Tarlac City
658 909 Plaza 66 Plaza 66 New Port City
659 1006 Caltex Basak** MC Briones Street, Mandaue City
660 1007 Caltex Labogon Cebu North Road, Labogon, Mandaue City
661 900 Catanauan Poblacion 10, Catanauan, Quezon
662 656 Marquinton Cordova Tower^^ C-101 & C-102, Marquinton Cordova Tower, Sumulong Highway, Marikina City
663 930 Caltex Sto. Tomas** Maharlika Highway Brgy. San Antonio, Sto. Tomas, Batangas
664 953 San Jose, Batangas** Brgy. Taysan, San Jose, Batangas
665 868 Armstrong ave 160 Armstrong Ave., Cor E. Rodriguez Moonwalk Village, Brgy Moonwalk Parañaque City
666 946 Cebu Capitol Don Gil Garcia St., cor N.G. Escario St., Capitol, Cebu City
667 926 Sangley point Dra. Salamanca St. Sangley Point, Cavite City
668 911 Balayan 2 (Gibson) Antorcha St.,Corner Paz St., Balayan, Batangas
669 998 Mambog, Bacoor New Molino Blvd., Bacoor Cavite
16
** FC1
^^ FC2/FC3
670 929 Calauan^^ Brgy. Kanluran, Calauan, Laguna
671 870 Soho Units 12/13, Level 1, Soho Central, Green Field District, Mandaluyong City
672 922 Angono Medics Quezon Ave. Hihgway, Brgy. San Isidro, Agono Rizal
673 798 C5 Damayan** Pristine Bldg., B51 L8, Brgy. Pinagsama, Taguig
674 659 Lung Center Diliman, Quezon City
675 849 Caltex San Simon** Mac Arthur hi-way San Simon Exit, Pampanga
676 1016 Clark County** C.M. Recto Avenue Clarkfield Pampanga
677 952 Montalban, Burgos J.P Rizal cor. Montaña drive, Brgy. Burgos, Montalban Rizal
678 1019 Banay-Banay** Brgy. Banay-Banay, Cabuyao, Laguna
679 961 La Paz** La-Paz Concepcion Road, Brgy. San Isidro, La Paz, Tarlac
680 968 Tagudin Barangay Rizal, Tagudin, Ilocos Sur
681 854 Naga 4 Liboton St., cor Jacob St. Naga City Camarines Sur
682 873 Lipa Cathedral San Sebastian Cathedral, Lipa City
683 963 Bayani Road** Bayani Road cor. Diego Silang, Taguig City
684 993 San Felix^^ Sto. Tomas, Batangas
685 971 Pila Poblacion Rizal St., Sta. Clara Sur, Pila, Laguna
686 962 Masapang, Victoria National Highway, Brgy. Masapang, Victoria, Laguna
687 927 Dasma 4 B61 L1 Brgy., San Juan, Dasmariñas City, Cavite
688 941 Sariaya 2^^ Maharlika Highway, Brgy., Santo Cristo, Sariaya
689 924 Tawilisan Brgy.Bihis, Tawilisan, Taal, Batangas
690 976 San Vicente Lipa** Brgy. Banay-Banay, Lipa City, Batangas
691 928 Arayat 3 Mangga-Cacutud Road, Poblacion, Arayat, Pampanga
692 959 Jaen** San Isidro-Jaen Road,Jaen, Nueva Ecija
693 988 Ongpin 1043 Ongpin St. cor. Gonzalo Puyat, Manila City
694 1020 St. Louis College** McArthur Highway, San Fernando, La Union
695 1021 Talamban Crossing (Cebu) M. Cuenco Ave., cor., M.L. Quezon St. Talamban, Cebu
696 1054 Grotto Vista** Sta. Maria Tungkong Mangga Road, Graceville, Tungko, SJDM, Bulacan
697 1028 Caltex N. Bacalso (Cebu)** N. Bacalso Street, Cebu City
698 955 Victoria** Tarlac-Victoria Highway, Victoria, Tarlac
699 982 RM Olongapo RM Centerpoint Bldg. Brgy. East Tanipac, Magsaysay Drive, Olongapo City
700 951 San Agustin (Sto. Tomas)** Brgy San Agustine, Sto. Tomas, Batangas
701 978 Naic 2 A. Soriano Highway Naic, Cavite
702 1034 Calamba 6** Brgy. Parian cor. Lawa Road, Calamba City, Laguna
703 904 Langkaan, Dasma** Governor's Drive cor Langkaan Drive, Langkaan Dasmarinas Cavite
704 957 Bamban** McArthur Highway, Bamban Crossing, Bamban Tarlac
705 1038 Total Lucena** National Highaway, Lucena City, Quezon Province
706 965 Siniloan L. De Leon St., Brgy. Acevida, Siniloan, Laguna
707 1080 CPI Soldier's Hill** National Highway cor. Soldier Hills, Muntinlupa City
708 939 Samal** Brgy Poblacion Samal, Bataan
709 994 St. Theresa (Casa Rosario) 101-F Aboitiz Street, Cebu City
710 1056 Calaca Rodriguez Street, Calaca,Batangas
711 1014 RCEE DORM (Cebu)** N. Bacalso Ave., Brgy. Duljo, Cebu City
17
** FC1
^^ FC2/FC3
712 1037 D'Ace Plaza** United Avenue cor. Brixton St., Pioneer, Pasig City.
713 954 Matatalaib Sitio Buno, Matatalaib, Tarlac City
714 986 San Sebastian College Mendiola Square, 2144-46 Claro M. Recto, Manila
715 974 Splendor Place^^ G/F of Splendor Place, J. Nakpil St. cor., J.Bocobo St. Malate, Manila
716 983 Bonifacio Technology Center (BTC) G/F Bonifacio Technology Center 2nd Ave., Global City, Taguig
717 1022 Colon (Lucky 99)** Colon Street, corner Pelaez Street, Downtown, Cebu City
718 919 San Felipe** Poblacion, San Felipe, Zambales
719 981 LB Square Lopez Drive, Batong Malake, Los Baños, Laguna
720 931 Gagfa I.T. Center (Cebu) G/F Gagfa IT Center, F. Cabahug St. Mabolo Cebu City
721 1050 UV Main Brgy. Parian Colon St., Cebu City
722 1060 J. Center Mall** LGF-04 J. Center Mall, A.S. Fortuna, Brgy. Bakilid, Mandaue City
723 980 Legazpi 1** Lapu-Lapu St. cor. Quezon Ave. Legaspi City
724 987 Manila Cathedral** GF Ferlaw Building, Cabildo St. Intramuros, Manila
725 1084 San Matias** McArthur Hi-way, San Matias, Sto. Tomas, Pampanga
726 1094 Calyx** #5 of Calyx Centre, Cebu IT Park, Lahug, Cebu City
727 916 GMA 2** Congressional Ave., Poblacion, GMA, Cavite
728 1062 Gerona Poblacion** McArthur Highway Brgy. Poblacion, Gerona, Tarlac
729 1048 Conchita Building** Conchita Bldg., 311 Jones Avenue, Cebu City
730 906 Aseana One Aseana One,BRADCO Avenue, Parañaque
731 1033 San Isidro, NE** Poblacion, San Isidro, Nueva Ecija
732 1044 Liliw Poblacion^^ Gat Tayaw St., Liliw, Laguna
733 880 Alfonso Mico's Eatery, Mabini St. Poblacion II, Alfonso, Cavite
734 1058 Silang M.H. Del Pilar St., Poblacion,Silang Cavite
735 1017 World Citi Aurora Blvd. Cubao, Quezon City
736 996 CPI Pagbilao Brgy. Bukal (Poblacion), Pagbilao, Quezon
737 1091 CPI Guagua GSO Road cor. San Matias, Guagua, Pampanga
738 1088 Mataas na Kahoy** Brgy. Poblacion, Mataas na Kahoy, Batangas
739 969 Entec Bldg.** Teresa St., cor. Don Juan Nepomuceno Ave. Nepo mart Complex Angeles Pampanga
740 1003 Tiaong 3 National Highway, Lusacan Tiaong, Quezon Province
741 1068 CPI FTI - E. Service Road** FTI, Taguig
742 1055 Culiat Tandang Sora Ave., cor. San Ponciano St. Brgy. Culiat Quezon City
743 932 IMEZ 2** Pueblo Verde in Mactan Economic zone II, Basak, Lapu-Lapu City
744 1029 Caltex Tipolo Basak** MC Briones Street, Tipolo, Mandaue City
745 1090 Imus 5 (Pasong Buaya) Pasong Buaya 2, Imus, Cavite
Unit 6A, Northwalk Clark, M.A. Roxas Highway cor. New Friendship Gate, Clark Freeport Zone,
746 708 Northwalk**
Angeles city
747 1036 Sta Rosa 5 (Amihan) 261 B Sampaguita St., Amihan Village I, Tagapo, Sta. Rosa, Laguna
748 1143 Apple One Unit 105 Apple One Tower, Mindanao Ave., cor. Biliran Road, Ayala Business Park, Cebu City
749 1052 Canlubang Exit** National Highway, Brgy. Mayapa, Calamba, Laguna
750 1057 AMC Belfranlt** Belfranlt Bldg. P. Burgos St., Angeles City, Pampanga
751 1087 Legaspi 2 (BU Main)** 1106 Rizal St., Brgy. 1, EM's Barrio, Legazpi City
752 1115 Sto Domingo Ilocos Sur Sto. Domingo, Bagsakan, along Maharlika Highway, Sto. Domingo, Ilocos Sur
753 1025 Vigan Landmark Vigan Landmark building, along Jose singson Vigan City
18
** FC1
^^ FC2/FC3
754 1009 Lyceum Alabang Lyceum Alabang, Brgy. Tunasan Muntinlupa City
755 1082 Calumpit** Brgy. Bulangao, Calumpit Bulacan
756 1092 Cabuyao 4 (Pulo)** Brgy. Pulo, Cabuyao, Laguna
757 995 Pines City^^ Manuel L. Quezon Extension, Antipolo City
758 1002 Antipolo 3 Circumferential Rd., cor. J. Sumulong Highway, Brgy. San Roque, Antipolo City
759 1035 Canlubang** Blk 47 Phase 1 Kapayapaan Vill. Calamba City, Laguna
760 1010 Masinloc** Mercedes cor. Kapitan Tinong Streets, North Poblacion, Masinloc Poblacion, Zambales
761 1083 New Era** Central Ave. cor. St. Mary St., New Era, Quezon City
762 1111 Two SANPARQ** San Antonio Park Square, Lacson St. Mandalagan, Bacolod City
763 984 Merge Point C-store Along National Highway, Vigan Junction - Bantay, Ilocos Sur
764 1107 Karangalan F.P. Felix Ave., Karangalan village Gate 2, Cainta, Rizal
765 1012 Sta. Rosa 3 (Nissin Balibago)^^ F. Reyes St. Balibago, Sta. Rosa, Laguna
766 977 Pansol 2^^ National Highway, Bagong Kalsada, Calamba, Laguna
767 1098 Angat** 265 Matias A. Fernando Angat, Bulacan
768 1099 Vermont Marcos Highway, Brgy. Mayamot, Antipolo City
769 1105 Sabang** Don P. Campos Ave., Brgy. Sabang, Dasmariñas City, Cavite
770 1124 Mabiga** Pineda Building, Mac Arthur Highway, Mabiga, Mabalacat, Pampanga
771 956 Candaba^^ Main Road, Poblacion, Candaba, Pampanga
772 1008 Alangilan** Brgy. Alangilan, Batangas City
773 1187 Gen.Trias Manggahan** Newhall Commercial Complex, Manggahan, Gen. Trias, Cavite
774 1093 Victoria Laguna Brgy. Nanyaha, Poblacion Victoria, Laguna
775 1067 CPI Shaw Pioneer Pioneer/ Shaw Blvd., Mandaluyong City
776 1120 San Luis, Batangas National Road at Brgy. Muzon, San Luis, Batangas
777 1053 Calamba 7 Pabalan St. Calamba City, Laguna
778 1069 Montillano 1^^ 89 Montillano cor. Ilaya Brgy. Alabang, Muntinlupa
779 1134 Lipa City Hall** Brgy. Maraouy, Lipa City, Batangas
780 1046 Shangri-La Plaza s103-105 Shangri-La Plaza EDSA cor. Shaw Boulevard, Mandaluyong City
781 1023 Cab Central Terminal** Along Circumferential Road,Cabanatuan Central Terminal Cabanatuan City, Nueva Ecija
782 1031 Sta. Rosa 4 Brgy. Kanluran, Sta. Rosa, Laguna
783 936 Pilar, Bataan Gov. J. Linao Road, Panilao, Pilar, Bataan
784 1059 San Mateo 2 Gen. Luna Ave. Brgy. Ampid, San Mateo, Rizal
785 1183 Bacolod Capitol G/F of VSB Building, Lacson St., Bacolod City, Negros Occidental
786 1085 USC Main University GOLS Computer Shop Jonquera St. Cebu City
787 1197 Silay** Rizal St., Silay City, Negros Occidental
788 1219 Pan-Asiatic** Carlos Hidalgo Hi-way, Bacolod City, Negros Occidental
789 1063 Cuyapo** Quezon Avenue, Poblacion, Cuyapo, Nueva Ecija
790 1103 Bacoor 3** Km 16, Aguinaldo Highway, Niog, Bacoor, Cavite
791 1018 Daet 2 Vinzon's Avenue Daet, Camarines Norte
792 871 Almanza Uno^^ 481 Real St., Alamanza 1, Las Piñas City (across SM Southmall)
793 1074 New Sacred Heart Pharmacy B. Rodriguez St. Brgy. Sambag 2, Cebu City
794 1070 Sta. Rita, Guiguinto** Mc Arthur Hiway, Sta.Rita, Guiguinto, Bulacan
795 1147 St. Joseph** E-18th St., Brgy. East Bajac Bajac, Olongapo City
19
** FC1
^^ FC2/FC3
796 1129 Lumban^^ Zamora St. Lumban, Laguna
797 1045 Mactan Newtown** GF Retail 2- The Mactan Ocean Town, Lapu-Lapu City
798 970 Orani Rural Bank** Poblacion, Brgy. Centro 1, Orani, Bataan
799 1041 Pureza 2 350 Pureza St., Sta. Mesa, Manila
800 1108 Roosevelt Roosevelt St. cor PAT Senador St., Brgy. San Del Monte Quezon City
801 1144 Laoag U-belt #40 P. Gomez St., Brgy. 5, San Pedro Laoag City, Ilocos Norte
802 1207 Angeles 4 ENGIE KEI BLDG. McArthur Highway, Brgy. Pulong-Bulo, Angeles City
803 1104 Lucena 5 ML Tagarao St., cor. Abellariosa St., Lucena City
804 1155 Daet 3** Gov. Panotes Ave., Daet, Camarines Norte
805 1135 Calauag Poblacion Jose Rizal St. cor. Arguelles St., Calauag, Quezon
806 1125 Sto. Tomas** Brgy. San Pedro, Sto. Tomas, Batangas
807 1152 SWU Brgy. Sambag II, Aznar St., Cebu City
808 1051 California Village^^ Katipunan St. California Village Brgy. San Bartolome, Quezon City
809 1116 Biñan 5 Lot 1 Blk 2, Southville Commercial, Brgy. Sto. Tomas, Biñan City
810 1210 L'Fisher** Lourdes C. Center Building 2, Lacson St. cor. 14th St., Bacolod City
811 1096 Libertad-Aurora** 135 Antonio Arnaiz cor. Aurora St. Pasay City
812 1133 Malagasang^^ Malagasang Road, Imus, Cavite
813 1089 Paoay Centro Marcelino Building Brgy. 9, San Pedro Paoay, Ilocos Norte
814 1073 MSI Lapu-Lapu G/F MSI Building Lopez-Jaena St., Upon, Lapu-Lapu City
815 1228 Barreto 2** #73 National Highway, Brgy. Baretto, Olongapo City
816 1013 Batac Colleges Batac College, Along Washington St., Batac City, Ilocos Norte
817 1161 La Trinidad 2** A-70 San Jose St. cor. Halsema Hi-way Poblacion, La Trinidad, Benguet
818 1175 Daraga** Rizal St., Brgy. Sagpan, Daraga Albay
819 1113 CPI Ireneville** Caltex Station Sucat Road cor. Doña Irenea St., Parañaque City
820 1126 The Persimmon Plus Persimmon, M.J. Cuenco, Mabolo, Cebu City
821 1043 New York Residences 901 Leon Guinto St., cor., Estrada St., Malate
822 1127 USJR Basak Cebu South Road. Brgy. Basak-Pardo, Cebu City
823 1131 Bulakan, Bulacan** Brgy. San Jose, Pobalcion, Bulakan, Bulacan
824 1157 Plaza Borromeo** Ground Floor, Plaza Borromeo IV, P. Lopez St. Cebu City
825 1102 Concepcion Malabon General Luna St., Concepcion Uno, Malabon
826 1159 Baler 89 Baler St. West Avenue, Quezon City
827 1164 Bogo Poblacion** R. Fernan St. Brgy. Carbon, Bogo City, Cebu
828 1249 Pandan** Pandan Tabun, Angeles City, Pampanga
829 1246 Shell Dolores** McArthur Highway, Dolores, San Fernando Pampanga
830 1079 Mabini Batangas** F. Castillo Blvd., Poblacion, Mabini, Batangas
831 1097 CPI Aurora Blvd. Lot 4 & 5 Blk 3 Aurora Blvd. cor. J.P. Rizal St. Brgy. Marilay Quezon City
832 1132 Luxur Place** Luxur Place, Lacson st. cor., Magsaysay Ave., Bacolod City, Negros Occidental
833 1109 Cabugao National Highway, Brgy. Bonifacio Cabugao, Ilocos Sur
834 1186 Bagbag^^ 633 Quirino Highway, Brgy. Bagbag, Novaliches, Quezon City
835 1253 Aliaga, N.E. Poblacion Road,Aliaga, Nueva Ecija
836 1154 San Nicolas Madamba St. cor. Maharlika Highway, Brgy. 12, San Nicolas, Ilocos Norte
837 1170 Batac 2 Brgy. Caunayan, Batac City, Ilocos Norte
20
** FC1
^^ FC2/FC3
838 1015 Alpha Land Makati Mall 7232 Ayala Ave. Ext. cor. Malugay St. Makati City
839 1153 Transcom City Door 8, Lopue's South Square Commercial Complex, Brgy. Alijis, Bacolod City
840 1220 Unisan Quezon^^ Carillo St. cor. San Pedro St., Brgy. Poblacion, Quezon Ave., Unisan, Quezon
841 1171 V. Mapa^^ Buenviaje St. cor. V. Mapa, Sta. Mesa, Manila City
842 1200 Sandoval Ave. A. Sandoval Avenue, Pasig City
843 1165 CTU G/F Cianna Residences, V. Guillas St. cor. P. Burgos St., Cebu City
844 1122 Montillano 2^^ 249 Montillano St. Alabang, Muntinlupa
845 1204 Cebu Salinas Drive** Alfonso and Sons Bldg., Salinas Drive, Lahug, Cebu City
846 1130 Binangonan 3 Brgy. Calumpang, Binangonan, Rizal
847 997 BF Almanza Aragon Bldg. 212 CRM ave. cor. Cardinal St., BF Almanza, Las Piñas City
848 979 Phoenix Bacoor Aguinaldo Highway cor. Hawaii St. Brgy. Salinas, Bacoor, Cavite
849 1189 PTT San Jose Abar 1st, Maharlika Highway, San Jose City, Nueva Ecija
850 1194 Rosario, La Union** McArthur Highway, Brgy. Camp One, Rosario. La Union
851 1139 Villa Cristina #11 Villa Cristina Ave., Villa Cristina Subd., Pamplona Tres, Las Piñas City
852 1100 PTT Osmeña Estrella and Macabulos Sts., South Superhighway, Makati City
853 1181 Clark Star** Clark Star Hotel, Balibago, Angeles City
854 1212 Bonuan** Bonuan Gueset, Dagupan City, Pangasinan
855 1221 Sta Maria, Laguna Real Velasquez St. cor. Burgos St., Sta. Maria, Laguna
856 1229 Bacoor 4 Magdiwang Highway, Green Valley, Bacoor, Cavite
857 1149 Canossa, Lipa Brgy. Mataas na Lupa, Lipa City, Batangas
858 1195 Agoncillo^^ Poblacion, Agoncillo, Batangas
859 1188 San Jose 2** Brgy. Malasin,Maharlika Highway, San Jose City, Nueva Ecija
860 1042 Espeleta^^ Avenida Rizal St. Espeleta, Imus, Cavite
861 1118 CPI J. Vargas Meralco Ave. cior. J. Vargas, Ortigas Pasig
862 1141 New Cabalan** Dinalupihan-Olongapo Road, Olongapo
863 1254 Polangui National Road, Brgy. Ubaliw, Polangui, Albay
864 1150 Baras J.P. Rizal St., Poblacion, Baras, Rizal
865 1259 Meralco Village** Brgy. Lias, Marilao, Bulacan
866 1172 Danao Poblacion F. Ralota St., Poblacion, Danao City
867 1176 Bustos Sta. Cruz 505 Bustos St., Sta. Cruz, Manila
868 1123 Greenfield IT Greenfield District, I.T. Building, GF,Unit no. CS01-03
869 1177 Pureza 3** Pureza cor. Magsaysay Boulevard, Sta. Mesa, Manila
870 1198 S.H. Loyola Lacson Ave. and Loyola Street, Sampaloc, Manila
871 1027 Candon^^ Samonte Road, Candon City, Ilocos Sur
872 1190 San Jacinto** Manaoag Road-San Jacinto Road. San Jacinto, Pangasinan
873 1179 Urdaneta 4** 103 Alexander St., Urdaneta City, Pangasinan
874 1209 Guadalupe Cebu** 2211 V. Rama Avenue, Guadalupe Cebu City
875 1312 Dolores** Maligaya 168 Complex, McArthur Highway, Brgy. Dolores, San Fernando, Pampanga
876 973 LP District Hospital^^ G/F of 387-389 Padre Diego Cera Ave., Brgy. Pulang Lupa Las Piñas City
877 1182 UNO-R Lizares St., Bacolod City, Negros Occidental
878 1215 Bacolod Doctors G/F McMetroplex B.S Aquino Drive, Bacolod City
879 1061 Kingspoint** Kingspoint St. cor Quirino Highway, Novaliches, Quezon City
21
** FC1
^^ FC2/FC3
880 1148 San Pascual 2** Poblacion Public Market,San Pascual, Batangas City
881 1106 Tayabas 2 Brgy. Angeles, Lucena-Tayabas Road, Tayabas City
882 1252 Sto. Domingo, NE Quezon-Sto. Domingo Road, Sto. Domingo, Nueva Ecija
883 1145 Caloocan HS 33 West Macario Asisitio Ave., Grace Park, Caloocan City
884 1261 Sipocot Lot 1-I San Juan Ave.,North Centro, Sipocot, Camarines Sur
885 1173 Labangon** Salvador St. cor. Katipunan St., Labangon, Cebu City
886 1217 i1 Building** i1 Building GF Unit A107, Asiatown IT Park, Apas, Cebu City
887 902 Sitio Gitna #986 Gen. Luis St. Cor P. Dela Cruz St. Brgy. Kaybiga, Caloocan City
888 1233 South of Market (SOMA) Ground Floor South of Market Condominium, Global City, Taguig
889 985 Capitol Medical Center** Scout Magbanua, Timog Quezon City
890 1142 Tambo** 0195 cor. Delos Santos St., Quirino Ave., Brgy. Tambo, Parañaque City
891 1162 LP College Blk 3 Lot 2 Rose Ave. cor. Pilar Rd., Almanza Uno, Las Piñas City
892 1185 Uptown Center** 56-58 Madison St., Uptown Bldg., Mandaluyong City
893 1191 Minglanilla Poblacion** Ward IV, Minglanilla, Cebu City
894 1203 Lapu-Lapu Arcade** Arcade Quezon National Highway, Lapu-Lapu
895 1071 Saver's Plaza** Unit 1 & 2 Savers Plaza, Basak-Maragondon Road, Mactan, Lapu-Lapu
896 1121 Mauban** Municipality of Mauban, Province of Quezon
897 1101 Ok Plaza Victory Liner Compound, Monumento, Caloocan
898 1216 La Salle Bacolod La Salle Ave., Bacolod Negros Occidental in front of Gate 1 University of La Salle
899 1206 WCC Caloocan Willian Shaw St., Caloocan City
900 1226 Talisay** Brgy. Poblacion, Talisay, Batangas
901 1290 Natividad Lopez** G/F of CCI Building, 1091 Natividad Lopez St., Ermita, Manila
902 1293 Rosario 3 Purisima Building, Marceilla St., Ligtong III, Rosario, Cavite
903 1241 Caltex San Pablo Rizal Ave., San Pablo City, Laguna
904 1376 La Fiesta** G/F La Fiesta Hotel, MH Del Pilar Iloilo R-1, Iloilo City
905 1248 P. Noval 1037, 1041, 1039, 1043 P. Noval St., Sampaloc, Manila
906 1156 RP Gulod Marianito St., Brgy. Gulod, Novaliches, Quezon City
907 1180 Bagong Silang Langit Road, Bagong Silang, Caloocan City
908 1255 Ocampo Barrio Poblacion, Municipality of Ocampo, Province of Camarines Sur
909 1250 Sta. Ignacia** Romulo Highway, Poblacion, Sta. Ignacia, Tarlac
Unit G06 RSB Corporate Center 26th St cor 5th Ave., Bonifacio South, Bonifacio Global City,
910 1311 RCBC The Fort**
Taguig City
911 1262 CPI C5 Ugong Barrio Ugong, Pasig City
912 1238 MPT Suites** Kalayaan Ave. cor. P. Burgos St., Bel-Air, Makati City
913 1275 Legazpi 5 Imperial St., Brgy. Bitano, Legazpi City
914 1270 Mandaue City Hall Ground Floor, The Ellian Tower, A. Mabini St. Mandaue City
915 1237 Manggahan Industrial Park Amang Rodriguez Ave., Manggahan, Pasig City
916 1239 Quiapo 2 374 Quezon Ave., Quiapo,Metro Manila
917 1291 Macalelon La Purisima St. Brgy. Poblacion, Macalelon, Quezon
918 1305 Mulanay Quezon^^ San Carlos St., Brgy. 3 Poblacion, Mulanay, Quezon
919 1330 Legazpi 3** Magallanes St., Brgy. San Rafael, Legazpi, Albay
920 1244 Katipunan 2** Katipunan Ave. cor. Esteban Abada, Quezon City
921 1362 Pozorrubio** Brgy. Poblacion, Pozorrubio, Pangasinan
22
** FC1
^^ FC2/FC3
922 1242 Angono 4^^ P. Tolentino, San Isidro, Angono, Rizal
923 1264 Square One** G/F, Sqaure 1, Highway Mandaue cor. Singson Village, Tipolo, Mandaue City, Cebu
924 1288 Jetti Dahlia^^ Dahlia Ave. cor. Chestnut St., West Fairview, Quezon City
925 1296 Biñan 6 Brgy. San Francisco, Biñan, Laguna
926 1223 Forbeswood Parklane** Unit 6, The Parklane Strip, Rizal Drive, FBGC, Taguig
927 1320 CPI Tayuman** 1868 A.H. Lacson cor. P. Guevarra Sta. Cruz, Manila
928 1236 Pagbilao Poblacion** J.P. Rizal St. cor. Gloria St., Brgy. Poblacion, Pagbilao, Quezon Province
929 1327 Silang 2 Bo. Of San Miguel 1, Silang, Cavite
930 1076 Fortunata^^ MTF Building located at Dr. A. Santos Ave., Sucat, Parañaque
931 1158 Camarin 2 Zapote St. Franglo Building Area D, Camarin, Caloocan City
932 1276 Guinobatan** Rizal St., Brgy. Poblacion, Guinobatan, Albay
933 1196 Sta. Rosa 6** Olympia Subd., Brgy. Labas, Sta. Rosa City, Laguna
934 1263 Talisay Negros** Hi-way Mabini St. cor. Bonifacio St., Talisay, Negros Occidental
935 1322 Royal Gold Plaza** G/F Royal Gold Plaza, AC Cortes Avenue, Guizo, Mandaue City
936 1232 Wynn Plaza^^ 1674 Leon Guinto, Malate, Manila
937 1235 11th Avenue M.H. Del Pilar St. cor. 11th Ave., Grace Park, Caloocan City
938 1260 Sta. Ana- Market Plaza 2235 M. Roxas cor. Suter Sts., Sta. Ana, Manila
939 1163 Francisco Homes** Blk. 9 Lot 1, Ph-GIII, Francisco Homes, City of San Jose Del Monte, Bulacan
940 1231 Camarin 3 Purok 4. San Isidro, Kiko Camarin, North Caloocan City
941 1307 Naic 3** Bo. Of Timalan, Naic, Cavite
942 1436 Sta. Cruz, Zambales** National Road cor. Misola St., Poblacion, Santa Cruz, Zambales
943 1110 Tropicana Garden Tropicana Garden City, Sumulong Highway, Marikina City
944 1112 Maceda^^ Maceda St. near cor. España, Sampaloc, Manila
945 1258 Farmers Plaza 2 0085, The New Farmers Plaza, G/F Arcade, Araneta, Cubao, Quezon City
946 1315 Escriva GF Amber Square Escriva Drive Ortigas Center, Pasig City
947 1280 Caltex Regalado Commonwealth Ave. cor. Regalado, Fairview, Quezon City
948 1410 Tagaytay 5** Maharlika West, Tagaytay City, Cavite
949 1323 City Times Square** A-103 & 104, Ground Floor, City Time Square, Brgy. Subangdaku, NRA, Mandaue City, Cebu
950 1136 Rizal, NE** Poblacion Sur, Rizal, Nueva Ecija
951 1382 Rosales** Brgy. Pobalcion, Rosales, Pangasinan
952 1419 Malabon Poblacion** J.P. Rizal Ave., Brgy. San Agustin, Malabon City
953 1128 ETON Cyberpod 3 Edsa cor. Quezon Ave., Quezon City
954 1388 Naga Cebu** Leah's Square cor. Mejia St. & National Highway, West Poblacion, Naga City, Cebu
955 1205 Liloan Poblacion** Poblacion Liloan, Cebu City
956 1366 Dapitan 2 Unit 101 at Golden Emerald Mansion, 1513 Dapitan St. Sampaloc, Manila
957 1370 WVCST- Burgos 50 Burgos St. La Paz, Iloilo
958 1039 Bangar Bangar Poblacion, Bangar, La Union
959 1335 Baesa** Quirino Highway , Balong-Bato, Balintawak, Quezon City
960 1353 Liberty Shaw Unit Nos. 1 & 2, GF-Retail row, Freedom Plaza at Liberty Center, Shaw Blvd., Mandaluyong City
961 1184 Atherton Don Mariano Marcos Highway cor. Atherton, North Fairview, Quezon City
962 1329 Alfonso 2 Mangas St., Brgy. Luksuhin, Alfonso, Cavite
963 1342 BSA Twin Towers BSA Twin Tower Bank Drive, Ortigas Center, Mandaluyong City
23
** FC1
^^ FC2/FC3
964 1300 San Pedro 6 26 Brgy. Riverside, San Pedro, Laguna
Unit 102 Ground Floor, 139 Corporate Center (Antel Towr), Valero St. cor. Valero Access Road,
965 1302 139 Corporate Center^^
Salcedo Village, Makati City
966 1338 Prince Plaza 2 G6 Prince Plaza 2 Condominium Building , Dela Rosa St., Legazpi Village, Makati City
967 1350 Sandra Mall** Sandra Mall, Angeles-Porac-Floridablanca-Dinalupihan Road, cor. Sandra St., Angeles city
968 1387 Zerenity Suites San Miguel Road, Brgy. Apas, Cebu City
969 1243 Golden Acres** Blk. 1 Lot 8, Marcos Alvarez Ave., Golden Acre, Talon 1, Las Piñas City
970 1339 Laoag 2 Brgy. Of No. 9, Sta. Angela, Rurban, Laoag City, Ilocos Norte
971 1332 Navotas 2 Noval St. cor. E. Naval St., Brgy. San Jose, Navotas City
972 1328 Ternate H. Ventura cor. Sto. Niño, Brgy. Poblacion 2, Ternate, Cavite
973 1285 Eusebio Arcade Hernaez St. cor. Araneta Ave., Bacolod City, Negros Occidental
974 1303 N. Garcia 2** N. Garcia St. cor. Milagros St., Brgy. Valenzuela, Makati City
975 1265 CDH Brgy. Capitol, City of Cebu
976 1321 Punta Princesa Ground Floor, Miramontes Building, F. Llamas St., Punta Princesa, Cebu City
977 1424 Maligaya Park 4 Maligaya Drive, Brgy. Pasong Putik, Quezon City
978 1284 Bacolod Regional Hospital N & M Pharmacy, Lacson St., Bacolod City
979 1301 Orion Bataan** Brgy. Arellano, Orion, Bataan
980 1240 LSPU San Pablo** Brgy. Del Remedios, San Pablo City, Laguna
981 1359 Alcala^^ National Road, Alcala Poblacion, Pangasinan
982 1368 Injap Tower** Cor. Divrsion Road and Jaladoni St., Mandurrio, Iloilo City
983 1371 La Paz Plaza** Huervana St., cor. Divinagracia District of La Paz, Iloilo City
984 1386 Binangonan 4 Brgy. Tayuman, Binangonan, Rizal
985 1287 Candelaria Poblacion** J.P. Rizal St. cor. Valle St., Candelaria, Quezon
986 1317 Admiral G/F Citywalk Building, Admiral Road, Talon 3, Las Piñas City
987 1340 Evangelista 2 GF 1837 Evangelista St. cor. Dallas St., Brgy. Pio Del Pilar, Makati City
988 1222 BF Homes Aguirre #21 Aguirre Ave., Bf Homes, Parañaque City
989 1234 Adriatico Courtyard 1917 Adriatico St. Malate, Manila
990 1337 Mayapyap Mayapyap Sur, Cabanatuan City, Nueva Ecija
991 1341 AIC Empire Sapphire AIC Burgundy Empire Tower, Sapphire Road, Ortigas Center, Pasig City
992 1345 Kamias 2 No. 1 Kamias Road, Quezon City
993 1378 Royal Plaza 648 Remedios St., Malate, Manila
994 1421 Bigte** Bigte, Norzagaray, Bulacan
995 1351 Morong Poblacion 65 Tomas Claudio St. Brgy. San Juan, Morong, Rizal
996 1245 Katipunan 3 Dela Rosa Loyola Heights, Balara, Quezon City
997 1086 Solemare Space 15 Tower A Solemare Parksuites located at Brado Ave., Parañaque City
998 1398 Mactan Doctors** G/F, JS Realty, Washington St. cor. Cagudoy St., Lapu-Lapu City
999 1151 Adriatico Garden Adriatico St. Malate, Manila
1000 1214 Bago City** Gen. Luna St., Poblacion, Bago City, Negros Occidental
1001 1304 Trece 4 Brgy. Luciano, Trece Martirez, Cavite
1002 1314 Sta. Maria Highway** McArthur Highway, Brgy. Danuman West, Sta. Maria, Ilocos Sur
1003 1385 Marco Polo Meralco Ave. and Sapphire Road, Ortigas Center, Pasig City
1004 1356 Lucena Diversion Brgy. Gulang Gulang, Lucena City, Quezon
1005 1331 BDO Greenhills G/F BDO Greenhills-Ortigas Building 2, Ortigas cor. Roosevelt Ave. Greenhills, San Juan City
24
** FC1
^^ FC2/FC3
1006 1375 Fuente Circle** Door 5, G/F Ybañez Bldg., Fuente Osmeña Blvd., Cebu City
1007 1405 San Juan Batangas** General Luna St.,San Juan, Batangas
1008 1257 Manhattan Parkview Space #00017, G/F Manhattan Parkview, Araneta Center, Quezon City
1009 1224 V Corporate Center^^ 125 LP Leviste, Salcedo Village, Makati City
1010 1279 The Beacon Unit 2B The Beacon cor. Chino Roces and Armaiz Ave. San Lorenzo Village, Makati City
1011 1439 San Beda 1st Street, Dr. Concepcion Aguila, San Miguel, Manila
1012 1491 Bel-Air Soho** Unit G103, Bel-Air Soho, 45 Polaris cor. Badajos St. Brgy. Poblacion, Makati City
1013 1485 Tagaytay Highlands** Tagaytay Highlands, Tagaytay, Cavite
1014 1412 Tanza Bagtas** Tanza-Trece Road, Brgy. Bagtas, Tanza, Cavite
1015 1358 Nagcarlan Brgy. Poblacion 1, Nagcarlan, Laguna
1016 1319 Trece 3 166 Trece-Indang Road, Brgy. Luciano, Trece Martirez City
1017 1174 Danao Mitsumi** Central Nautica Highway, Sabang, Danao City, Cebu
1018 1278 ETON Greenbelt Parkview Unit B, Eton Greenbelt Parkview, Gamboa St., Legaspi Village, Makati City
1019 1390 Cordova** Poblacion Cordova Cebu
1020 1380 Lower Bicutan 2** #1 M.L Quezon St. Lower Bicutan, Taguig City
1021 1413 Tanza Amaya Amaya Road, Brgy. Amaya-I, Tanza, Cavite
1022 1225 Laurel Batangas** Poblacion 3, Laurel, Batangas
1023 1384 Princeton Residences Aurora Blvd. . Quezon City
1024 1437 Manila Sanitarium San Juan St., Pasay City
1025 1281 Bayfront Hotel Kaoshiung St., North Reclamation Area, Cebu City
1026 1450 Goa San Jose St. Goa, Camarines Sur
1027 1473 Magalang Avenue** McArthur Highway cor. Magalang Ave., Angeles City, Pampanga
1028 1347 Sangandaan^^ 369 Tandang Sora Extension, Brgy. Sangandaan, Quezon City
1029 1392 Kabankalan Guanzon St., Kabankalan City, Negros Occidental
1030 1168 ACT Tower 135 H.V. Dela Costa St., Makati City
1031 1561 Bauan 3** J.P. Rizal St. cor. Kapitan Ponso St., Poblacion 2, Bauan, Batangas
1032 1447 Daang-Batang** 15303 cor. Daang Batang St., Rodriguez Ave., San Agustin, Parañaque City
1033 1272 Sacred Heart Hospital** Ground Floor, TSC Property Holdings, Inc., Urgello St., Cebu City
1034 1334 Iriga 2 San Francisco, Iriga City, Camarines Sur
1035 1404 Amadeo Cavite 119 A. Mabini St., Amadeo, Cavite
1036 1269 Shaw MRT Greenfield District Station, Second Floor Concourse Southbound CS-2
1037 1472 Bacnotan** Nationa Highway Poblacion, Banotan, La Union
1038 1409 Batangas 5** G/F, Rentable 4, Cham Building, Brgy. Balagtas, Batangas City, Batangas
1039 1407 Mamatid 2** Brgy. Mamatid, Cabuyao City, Laguna
1040 1364 Unioil Kalayaan** Unioil Kalayaan Station, Malingap St., Quezon City
1041 1539 Baloc, N.E.** Cagayan Valley Rd., Brgy. Baloc, Nueva Ecija
1042 1298 CEO Flats 27 Canopus cor. Jupiter Sts., Bel Air Village, Makati City
1043 1611 Blue Residences Katipunan Ave. cor. Aurora Blvd., Quezon City
1044 1268 Sta. Lucia Residenze Imelda Ave. cor. Marcos Highway, Cainta, Rizal
1045 1349 WPAZ 349 JP Rizal St. Sta. Elena, Marikina City
1046 1442 CAVSU Indang^^ Cavite State University, Indang-Trece Martires Road, Indang, Cavite
1047 1443 M Place Panay Ave., South Triangle, Quezon City
25
** FC1
^^ FC2/FC3
1048 1397 Two Quad 2Quad Building, Cebu Business Park, Cebu City
1049 1395 A Square Anonas #2 Anonas St. cor. Aurora Blvd., Project 2, Cubao, Quezon City
1050 1515 Plaza Hotel, La Union** Brgy. Poblacion, San Fernando City, La Union
1051 1399 Argao 839 Cor. Dr. T.S. Kintanar St. & National Highway, Argao, Cebu
1052 1418 Salcedo 2 159 Salcedo St., Legazpi Village, Makati City
1053 1577 Cabiao, N.E. Pobalcion Road, Cabiao, Nueva Ecija
1054 1308 Paliparan 3** Brgy. Paliparan, Dasmariñas, Cavite
1055 1505 Batangas 6 P. Prieto St. Batangas City
1056 1510 The Strip Meralco The Strip along Ortigas Ave., Pasig City
1057 1549 Shell San Roque** Brgy. San Roque, San Pablo City, Laguna
1058 1467 CVSU Rosario Gen. Trias Drive, Brgy. Tejeros Convention, Rosario, Cavite
1059 1557 Mapandan** Pandan Ave Poblacion, Mapandan, Pangasinan
1060 1562 Lemery 3** National Road,Brgy. Malinis, Lemery, Batangas
1061 1286 Sum-Ag** Araneta Ave. cor Sum-Ag Abuanan Rd., Brgy. Sum-Ag, Bacolod City, Negros Occidental
1062 1402 Talamban Proper Dr. J.B. Vizcayno Bldg., Talamban, Cebu City
1063 1513 University of Manila^^ Ventura Residences, 646-B, M.V. Delos Santos, Sampaloc, Manila
1064 1363 Kaybiga Lot 24 Blk 32 Gen. Luis St., Kaybiga Road, Caloocan City
1065 1400 Guadalupe Church 481-1 cor. J. Labra St. and V. Rama Ave., Guadalupe, Cebu City
1066 1408 G. Tuazon 3** Lot 1 & 2, No. 2000 G. Tuazon St. cor. Masbate St., Balic Balic, Sampaloc, Manila
1067 1453 Fly Ace-Coral Way Fly Ace Corporate Center, 13 Coral Way, Central Business Park, Pasay City
1068 1471 Sual National Highway, Brgy. Poblacion, Sual, Pangasinan
1069 1498 Biñan Doctors^^ Brgy. Platero, Biñan City, Laguna
1070 1520 Kornerwalk** Unit 3 Kornerwalk Commercial Center, Olongapo-Gapan Road, San Antonio, Guagua, Pampanga
1071 1608 Golden Town** Brgy. Maduya, Carmona, Cavite
1072 1486 Beata Pandacan Unit A GF, The Streamline Plaza Building, Baeta, Pandacan, Manila
1073 1273 Tunasan** Km 29 National Highway, Tunasan, Muntinlupa City
1074 1428 Boton (PTT)** Gobstopper Area, Argonaut Highway, Subic Bay Freeport Zone, Pampanga
1075 1482 San Agustin Iloilo** G/F Melecia's Ladies Dormitory, 10 Jalandoni St., Brgy. Villa Anita, Iloilo City
1076 1310 Seaoil P. Tuazon** Seaoil Station, EDSA cor. P. Tuazon St., Cubao, Quezon City
1077 1201 LB City Hall** Economic Garden, Timugan, Los Baños , Laguna
1078 1532 PUP Teresa 265 Teresa, Sta. Mesa, Manila
1079 1077 E-Luxury One** 5077 P. Burgos st. Poblacion, Makati City
1080 1484 Mangatarem** National Highway Poblacion, Mangatarem, Pangasinan
1081 1545 Wind Residences GF Wind Residences, Tagaytay-Nasugbi Highway, Tagaytay City
1082 1306 Bagong Barrio 76 Malolos Ave. cor Gregorio de Jesus St., Bagong Barrio, Balintawak Subdivision, Caloocan City
1083 1448 CPI Congressional Congressional Ave. cor. Cagayan Ave., Brgy. R. Magsaysay, Quezon City
1084 1516 Sacred Heart Lucena** 12 Merchan St., Brgy. 11, Lucena City, Quezon
1085 1530 Gateway Tower** Space #5002, Gateway Tower, Araneta Center, Quezon City
1086 1452 Sauyo 32 Sauyo Road, Brgy. Sauyo, Novaliches, Quezon City
1087 1502 CPI E. Rod E. Rodriguez Ave. cor. Sunnyside Drive, Quezon City
1088 1292 Ugong, Valenzuela^^ Brgy. Ugong, Valenzuela City
1089 1438 Taguig City Hall^^ Gen. Luna St. cor. M. Santos St., Brgy. Tuktukan, Taguig City
26
** FC1
^^ FC2/FC3
Tower 1A-Unit No . FC1 CU007 The Linear, Mayapis, Yakal and Malugay Sts., San Antonio
1090 1469 Linear Makati
Village, Makati City
1091 1529 City Oil Old Sta. Mesa 4872 Old Sta. Mesa Rd.,Sampaloc, Manila
1092 1641 San Pedro 7 Brgy. San Antonio, San Pedro City, Laguna
1093 1490 University Tower Commercial F, G/F, University Tower Malate, Pedro Gil, Malate, Manila
1094 1283 CPI Opon** Caltex Opon, ML Quezon cor. Sangi Road, lapu-Lapu City
1095 1481 Legarda-Arlegui** 504 Nepomucemo St. (Formerly Tanduay St.) cor. Arlegui St., Quiapo, Manila
1096 1518 St. Joseph San Pedro** St. Joseph Village 10, Brgy. Langgam, San Pedro City, Laguna
1097 1616 Paete Poblacion #20-5 J.P. Rizal St., Paete, Laguna
1098 1417 Sgt. Bumatay** #717 Sgt. Bumatay cor., Katarungan St., Brgy. Plainview, Mandaluyong City
1099 1446 Fatima 2 32 McAthur Highway, Brgy. Marulas, Valenzuela City
1100 1463 Gaisano Cordova G/F, Unit A1-A2, Gaisano Grand Mall Cordova, Cebu
1101 1508 Somerset Olympia Upper Ground Floor, Somerset Olympia Makati, Makati Ave. cor. Sto. Tomas St., Makati City
1102 1564 West Negros University G/F SMEI Bldg., Burgos Ave., Bacolod City, Negros Occidental
1103 1026 Sumacab Este** Maharlika Highway, Brgy. Sumacab Este, Cabanatuan, Nueva Ecija
1104 1434 Chimes Square Congressional Extn. Cor. Kalaw, Mira Nila Homes, Brgy. Pasong Tamo, Quezon City
1105 1625 Western Bicutan** Blk 7 Lot 16, Brgy. Pinagsama Phase 2, Taguig City
1106 1449 Balamban Sto. Niño, Balamban, Cebu
1107 1451 Capitol Drive** 16A Capitol Hills Drive, Old Balara, Diliman, Quezon Cty
1108 1612 Goa 2 Melba Bldg., San Juan Bautista St., Goa, Camarines Sur
1109 1711 Tabaco** GF & 2nd Floor of the Centerpoint Bldg., Ziga Ave., Brgy. San Juan Tabaco City, Albay
1110 1429 Botolan, Zambales** Paco, Botolan, Zambales
1111 1488 Tambo Exit, Lipa Tambo Exit, Brgy. Tambo, Lipa City, Batangas
1112 1687 Lipa San Sebastian** Brgy. Mataas na Lupa, Lipa, Batangas
1113 1414 Villasis** Brgy. Poblacion, Villasis, Pangasinan
1114 1552 Narciso Avenue 140 Narciso St., Josefa Subd., Malabanais, Angeles City, Pampanga
1115 1578 San Leonardo, N.E.** Brgy. Poblacion, San Leonardo, Nueva Ecija
1116 1631 CPI EPSA** Pulung Cacutud, Angeles City, Pampanga
1117 1642 Waltermart Makiling^^ Brgy. Makiling, Calamba, Laguna
1118 1464 Cebu San Nicolas** GF Antigua Bldg. cor. B. Aranas St. cor. T. Abellas St., Cebu City
1119 1477 Alta Tierra Alta Minimart, Phase V, Alta Tierra Village, Tabuc Suba, Jaro, Iloilo
1120 1500 Bagong Silang 2 Langit Road cor. St. Joseph St., Bagong Silang, Caloocan City
1121 1297 Dita 2** Brgy. Dita, Sta. Rosa, Laguna
1122 1433 Vicas Caloocan^^ Congressional Road Ext. Vicas, North Caloocan City
1123 1440 Phoenix Kalayaan Brgy. Panamitan, Kawit, Cavite
1124 1541 Badoc Highway National Highway, Brgy. 9 Paltit, Badoc, Ilocos Norte
1125 1466 Lorex Ave. 1000 Lorex St., Tañada Subd., Valenzuela
1126 1632 Malabon 3 GF of Abacon Bldg., Pampano St., Brgy. Longos, Malabon City
1127 1355 San Mateo 3 #22 Gen. Luna St., Brgy. Maly, San Mateo, Rizal
1128 1568 Tisa** Katipunan St., Tisa, Labangon, Cebu City
1129 1534 PTT Lucena** Maharlika Highway, Brgy. Bacohan, Lucena City, Quezon
1130 1595 Ligas Bacoor Brgy. Ligas, Bacoor, Cavite
1131 1621 Kalayaan** Jacinto Residences, 1223 General E. Jacinto St. cor. Kalayaan Ave., Brgy. Pitogo, Makati City
27
** FC1
^^ FC2/FC3
1132 1531 Paco 3 Pako Bldg., Pedro Gil cor. A. Linao St. and Gen. Luna St., Manila
1133 1605 Sta. Maria, Pangasinan** National Highway Poblacion East, Sta. Maria, Pangasinan
1134 1348 Calumpang^^ Nicanor Roxas St. cor. Manuel Roxas St., Brgy. Calumpang, Marikina City
1135 1465 Rephil Pasay Rephil Station. F.B. Harrison cor. EDSA, Pasay City
1136 1504 PKI Lipa Brgy. Inosluban, Lipa City, Batangas
1137 1558 Abucay, Bataan Abucay, Bataan
1138 1360 Santolan Malabon^^ Rodriguez St. cor E. Martin St., Brgy. Santulan, Malabon City
1139 1497 Greenbelt Madison Greenbelt Madisons, Makati
1140 1517 Biñan Technopark^^ Brgy. Timboa, Biñan City, Laguna
1141 1623 Francesca Tower C-1, G/F, Francesca Tower- EDSA Ave. cor. Scout Borromeo St., Quezon City
1142 1372 JM Basa Villanueva International Bldg., J.M. Basa St. cor. Aldeguer St., Iloilo City
1143 1470 Sta. Lucia Mall Marcos Highway cor. Felix Ave., Cainta, Rizal
1144 1594 Dela Costa Homes VP Building Dela Costa Homes, Quirino Highway, Sacred Village, Caloocan City
1145 1487 EDSA M. Dela Cruz EDSA cor. M. Dela Cruz, Pasay City
1146 1167 Samson Road No. 90 & 92 A. Mabini St., Sangandaan, Caloocan City
1147 1282 Barili National Highway,Poblacion, Barili, Cebu
1148 1324 Doña Aurora-E. Rod.** 78-A E. Rodriguez cor. Plaridel St. Quezon City
1149 1553 CPI Sauyo Sauyo Road, Brgy. Sauyo, Quezon City
1150 1559 Bagong Silang 3 Blk 15 Lt 12 Package 6 Phase X, Bagong Silang Project, Caloocan City
1151 1614 Dalan Ledesma** GF Gloria 168 Bldg. Dalan Ledesma St., Iloilo City
1152 1474 Kabankalan Plaza G/F Kho-Alvarez Bldg., Guanzon St. cor. Rizal St., Kabankalan City, Negros Occidental
1153 1525 Poblacion Toledo** D. Macapagal Highway, Toledo City, Cebu
1154 1610 Wakas Bocaue Wakas Bocaue, Bulacan
1155 1476 Sta. Barbara Iloilo** Columba Senupe Building, National Highway cor. Roosevelt St., Sta. Barbara, Iloilo
1156 1739 Tungkong Mangga** Nolasco Bldg., Quirino Highway, Brgy. Tungkong Mangga, SJDM, Bulacan
1157 1667 PTT Mexico** PTT Service Station, OG Road, Jose Abad Santos, Brgy. Parian Sto cristo, Mexico, Pampanga
1158 1361 Rancho^^ 41 Lilac St. Hacienda Heights, Concepcon 2, Marikina City
Lot 1 Blk 9 Greenwoods Ave. cor. Pine St., Phase I-E Area 2,Greenwoods Executive Village,
1159 1411 Greenwoods**
Cainta, Rizal
1160 1620 Metro Oil Roosevelt Metro Oil Roosevelt, Roosevelt cor. Sto. Niño St., Quezon City
1161 1731 San Luis Pob., Batangas** Brgy. Poblacion, San Luis, Batangas
1162 1565 V.A. Rufino Unit G02, GF, Angelus Plaza, Makati City
1163 1658 Sta. Rita, Olongapo JP Rizal Ave., West Bajac-Bajac, Olongapo City
1164 1391 Shaw Center Mall Unit 6 548 Shaw Blvd., Mandaluyong City
1165 1544 Gilmore Unit C, Gilmore, Commercial Plaza, 10 Gilmore Ave., Brgy. Valencia, New Manila, Quezon City
1166 1634 Mary Johnston Hospital 1221 Juan Nolasco St., Tondo, Manila
1167 1599 Ongpin 2^^ 640 Ongpin St., China Town, Binondo, Manila
1168 1666 Molino 6 Blk. 3, Lot 9, Ph. 1, Basa St. cor. Avenida Rizal St., Molino 5, Bacoor, Cavite
1169 1460 Carcar 2 N. Bacalso National Highway, Poblacion, Carcar, Cebu
1170 1483 La Carlota Negros** Guerrea St., cor. YunqueSt., La Carlota City, Negros Occidental
1171 1524 Tabunok 2 Sangi, Tabunok, Talisay City, Cebu
1172 1650 LRT Pureza Unit A, GF, The Station Point, 3299 R. Magsaysay Blvd. cor. Maganda St., Sta. Mesa, Manila
1173 1673 Vellagio Tower Unit 102 & 103, G/F, Vallegio Tower, 2011 Pres. Quirino Ave. cor. Leon Guinto St., Manila
28
** FC1
^^ FC2/FC3
1174 1646 CPI Taft Brgy. 97, 2724 Taft Ave. Extn., Pasay City
1175 1475 Zerrudo Complex** Zerrudo Commercial Complex, E. Lopez St., Brgy. Montinola, District of Jaro, Iloilo City
Cebuana Lhuillier, BS Aquino Drive cor. Ylac St., Brgy. Villamonte, Bacolod City, Negros
1176 1393 Villamonte
Occidental
1177 1657 Fatima Annex** Fatima Ave. cor Knight of Columbus St., Brgy. Marulas, Valenzuela City
1178 1496 CPI Gulang Gulang** Brgy. Gulang Gulang, Lucena City, Quezon
1179 1683 Calamba 8 Chipeco Ave., Llamas Subd., Brgy. 3, Calamba City, Laguna
1180 1432 Tayud Capulay Market, Bagong Daan Road, Tayud, Liloan, Cebu
1181 1604 San Francisco, Gen. Trias Arnaldo Highway, Brgy. San Francisco, Gen. Trias, Cavite
1182 1638 Brixxton Village Kingswood St. and Zabarte Rd., North Caloocan City
1183 1637 Sinait Poblacion National Highway cor. Rizal St., Brgy. Ballaigui sinait, Ilocos Sur
1184 1694 SM North EDSA Unit 101, G/F, Northlink Bldg., SM North EDSA, Quezon City
1185 1738 CPI Marauoy** National Highway, Marauoy, Lipa, Batangas
1186 1707 Buenavista Gen. Trias Gov. Ferrer Drive, Buenavista-III, Gen. Trias, Cavite
1187 1354 Anabu Imus** 917 Anabu I-F, Imus, Cavite
1188 1551 Soldiers Hill Bacoor B10 L30 Green Valley Subd., Molino, Bacoor, Cavite
1189 1570 Jones Avenue** GF Unit 101 Pajares Bldg., 455 Osmeña Blvd., Cebu City
1190 1528 Riverview Mansion T. Pinpin cor. Muelle de Binondo St., Manila
1191 1540 5th Ave. Rizal Ave., 5th Ave., Caloocan City
1192 1555 CPI C. Raymundo** Caltex Station, C. Raymundo cor. Bernal St., Pasig City
1193 1374 Sta. Rosa Exit Brgy. Pulong Sta. Cruz, Sta. Rosa, Laguna
1194 1406 Parian** Brgy. Parian, Calamba City, Laguna
1195 1538 Sky Ranch Tagaytay City, Cavite
1196 1659 Minuyan B-19 Road 1 Minuyan Proper, San Jose Del Monte, Bulacan
1197 1389 Himamaylan National Road cor. Ramos St., Municipality of Himamaylan Negros Occidental
1198 1592 Consolacion Cebu** Pitogo, Consolacion, Cebu
1199 1601 Hillcrest Village Blk 13 Lot 1 Hillcrest Village, Camarin, Caloocan City
1200 1639 Kabisig Cainta Blk 18 Floodway, Kabisig, San Andres, Cainta, Rizal
1201 1193 Sixto Avenue Sixto Antonio Avenue cor. Bernal Street Rosario Pasig City
1202 1468 Pala Pala 2** Dasmariñas Commercial Complex, Governor's Complex Drive, Dasmariñas, Cavite
1203 1550 Lancaster Imus** Brgy. Alapan 2-A, Imus, Cavite
1204 1573 Philand Tandang Sora 337 Tandang sora Ave., Pasong Tamo, Quezon City
1205 1574 Iloilo City Hall Guadarrama-Jalandoni Bldg., J.M. Basa cor. Ortiz Sts., Iloilo City
1206 1575 Sapang Palay** Blk 20 Lot 1 MMCBuilding, Teachers Village, Brgy. San Rafael 1, San Jose Del Monte, Bulacan
1207 1748 Qualfon Dumaguete** GF Chuang Bldg., Dr. V. Locsin, Dumaguete City
1208 1489 Residencia Real Solana St. cor. Real St., Intramuros, Manila
1209 1503 Tipas^^ F. Manalo St., Ligid Tipas, Taguig
1210 1728 San Juan, Ilocos Sur National Highway, Brgy. Bannuar Poblacion, San Juan, Ilocos Sur
1211 1656 Maxsteel Bldg. Unit 1B, GF of Maxsteel Bldg., 266 N. Domingo St., Brgy. Pasesdena, San Juan City
1212 1626 Pasil L. Flores St. cor. Spolarium St., Brgy. Pasil, Cebu City
1213 1640 Parklane Dasma^^ 122 Brgy. Sabang, Dasmariñas, Cavite
1214 1750 Cathedral Dumaguete** Obdulias Inn, Perdices St. cor. Colon St., Dumaguete City
1215 1492 CPI Peñaranda** Legazpi City, Albay
29
** FC1
^^ FC2/FC3
1216 1425 Canduman MCT Bldg., H. Abellana St. cor. National Highway Basak, Mandaue City
1217 1745 S.B. Cabahug Tan's Bldg., Unit 2-5, S.B. Cabahug St., Mandaue City, Cebu
1218 1742 Abreeza Space 1013, GF, Abreeza Mall, JP Laurel Ave., Bajada, Davao City
1219 1782 Moncada** Moncada Public Market, MAcArthur Highway, Poblacion 1, Moncada, Tarlac
1220 1554 Panorama Tower BGC Panorama Tower, 34th St. cor. Lane A, Bonifacio Global City, Taguig City
1221 1606 Makati City Hall 2 779 JP Rizal St., Poblacion, Makati City
GF One Legacy Place Bldg., Don Jesus Blvd. cor. Kenrtucky, Alabang Hills, Brgy. Cupang,
1222 1672 Alabang Hills
Muntinlupa City
1223 1696 F. Legaspi** 75 F. Legaspi St., Maybunga, Pasig City
1224 1493 CPI Daraga** Cor. Rizal St. and Arboleda St., Daraga Public Market, Brgy. Ilawod-1, Daraga, Albay
1225 1509 Marigondon** Crossing Marigondon Beach Road, Lapu-Lapu City
1226 1542 Belton Place^^ Unit 4A Pasong Tamo St. cor. Yakal St., Makati City
1227 1629 Salawag 3^^ 60 Paliparan Road, Salawag, Dasmariñas, Cavite
1228 1697 San Vicente Tarlac** Lot 1, Blk 5, Southern bypass Road, San Vicente, Tarlac City
1229 1722 Plaza Miranda^^ R. Hidalgo St., Quiapo, Manila
1230 1735 LRT V. Mapa^^ 4134 R. Magsaysay Blvd., Sta. Mesa, Manila
1231 1394 Victorias** Osmeña cor. Jover St., Victorias, Negros Occidental
1232 1403 Manapla** Manapla Market Blocks, Municipality of Manapla, Negros Occidental
1233 1777 Camachiles** Camachiles, Mabalacat City, Pampanga
1234 1609 Diamond Subdivision** Morgang Ave., McArthur Highway, Balibago, Angeles, Pampanga
1235 1445 Mabuhay City Brgy. Baclaran, Cabuyao City, Laguna
1236 1660 Sierra Madre Mandaluyong EDSA cor. Sultan St., Mandaluyong City
1237 1668 Silver City 2 G/F Silver City Bldg. 2, Frontera Verde, Ortigas Center, Pasig City
1238 1793 San Agustine Pampanga** McArthur Highway, Ramar Village, San Agustin, San Fernando, Pampanga
1239 1733 Caypombo 201 Brgy. Caypombo, Sta. Maria, Bulacan
1240 1547 Grand Harbor Hotel** #249 Waterfront Road, Subic Bay Freeport Zone, Olongapo City
1241 1734 Sta. Clara, Bulacan Bypass Road, Sta. Clara, Sta. Maria, Bulacan
1242 1567 Limay, Bataan** Brgy. Reformista, National Road, Limay, Bataan
1243 1653 PCGS** G/F Our Press Inc., Junquera St., Cebu City
1244 1582 Mandurriao Plaza** Onate De Leon St. cor. R. Mapa St., District of Mandurriao, Iloilo City
1245 1718 Enverga University Brgy. Ibabang Dupay, Lucena City
1246 1732 Guiguinto** 173 Dela Cruz St., Poblacion, Guiguinto, Bulacan
1247 1763 Phoenix Amang Rodriguez** E. Amang Rodriguez Ave., Manggahan, Pasig
1248 1527 Escolta Twin Towers Escolta St., Manila City
1249 1597 Jordan-Moonwalk** Jordan cor. Daang Batang, Brgy. Moonwalk, Parañaque City
1250 1726 La Salle 3 Unit No. 1-A, G/F, University Mall, Taft Ave., Malate, Manila
1251 1588 Tuburan cor. Tabotabo and Burgos St., Brgy. 3, Tuburan, Cebu
1252 1721 San Roque Cavite City P. Burgos Ave. cor. Dra. Salamanca Extn., Brgy. 58-A, Cavite City
1253 1815 Jetty Port- Caticlan 2nd Flr., CBTMPC Bldg., Caticlan Port, Malay, Aklan
1254 1817 Tourist Center- Boracay** Tourist Center- Manggayad Manoc, Boracay Isaland, Malay, Aklan
1255 1585 Loreta Building Bohol Ave., Cebu Business Park, Cebu City
1256 1803 Bugallon, Pangasinan** Brgy. Poblacion, Bugallon, Pangasinan
1257 1755 Georgetown Cybermall Georgetown Cybermall, RN Pelaez Blvd., Cagayan de Oro City
30
** FC1
^^ FC2/FC3
1258 1622 N. Domingo 2** Unit 104 G/F, FORC Bldg., N. Domingo cor. F. Roman Sts., San Juan City
1259 1645 Bagong Silang 4 Lot 4 Blk 41 Barrio of Bagong Silang, Caloocan City
1260 1840 Star City** R6 Aliw Road, CCP Complex, Pasay City
1261 1533 Labo** Labo, Camarines Norte
1262 1618 USC South Campus^^ J. Alcantara St., sambag 1, Cebu City
1263 1699 Bongabon, N.E** Poblacion Road, Bongabon, Nueva Ecija
1264 1664 Urduja Village #62 Sikatuna Ave., Urduja Village, Caloocan City
1265 1741 Porac, Pampanga** Cangatba, Porac, Pampanga
1266 1495 CPI Tagapo** National Road, Brgy. Tagapo, Sta. Rosa, Laguna
1267 1826 Davao Doctors College 433 General Malvar Street Brgy. 006 Quirino Avenue, Davao City
1268 1478 San Carlos Negros** C.L. Ledesma Ave. cor. Locsin St., San Carlos City, Negros Occidental
1269 1633 East Rembo** 182-A 19th Ave. cor. J.P. Rizal Extension, East Rembo, Makati City
1270 1457 Pinamungahan Poblacion, Pinamungahan, Cebu
1271 1727 Fe Del Mundo Hospital** Banawe St., cor. Cadiz St., Quezon City
1272 1652 Cebu St. Mary's Tupas St., Sawang Calero, Cebu City
1273 1684 Vigan 3 Vigan City, Ilocos Sur
1274 1855 San Antonio, Nueva Ecija** #1 De Leon St., Poblacion, San Antonio, Nueva Ecija
1275 1691 Citihomes Molino** Vallejo Wet ad Dry Market, Citihomes Subd., Molino 4, Bacoor, Cavite
1276 1769 SM Taytay^^ Unit 113-114, GF, SM Taytay IT Park, Manila East Road, Taytay, Rizal
1277 1598 IBM Plaza- Eastwood IBM Plaza-R1, Eastwood City
1278 1651 East Mansion Unit CC2, G/F East Mansion Townhomes, Elisco Road, Sto. Rosario East, San Joaquin, Pateros
1279 1682 Bustillos** San Anton St. cor. Earnshaw, Sampaloc, Manila
1280 1648 Peñafrancia** Marcos Highway, Brgy. Mayamot, Antipolo City, Rizal
1281 1758 Baloy, Olongapo** #1 Baloy Beach Road cor. National Highway, Barrio Baretto, Olongapo City
1282 414 Lemery 2^^ Illustre ave. cor. Rajah Matanda st., Lemery, Batangas
1283 1630 Maria Orosa 2 1125 Maria Orosa St., Ermita, Manila
1284 1787 Carmen Cebu National Road, Cogonwest, Carmen, Cebu
1285 1791 Piela Dasma Piela, Sampaloc 3, Dasmariñas, Cavite
1286 1313 Hulong Duhat Malabon 17 Women's Club St. cor. Flores St., Malabon City
1287 1799 Numancia SBS Bldg., Numancia, Binondo, Manila
1288 1613 Ferry Terminal Retail 1, Jetty Port, seaside Blvd., MOA Complex, Pasay City
1289 1781 CPI Sto. Domingo Mexico** Caltex Sto. Domingo, Mexico, Pampanga
1290 1546 Bagbaguin 189 General Luis St., Brgy. Bagbaguin, Valenzuela City
1291 1643 Caloocan City Hall A. Mabini, Caloocan City
1292 1580 Zarraga Iloilo** Jalandoni St. cor. Gomez St., Municipality of Zarraga, Province of Iloilo
1293 1593 Mandaue Cabancalan M.L. Quezon St., Cabancalan, Madaue City
1294 1810 San Pedro 8** #9 Rizal St., Brgy. Poblacion San Pedro City, Laguna
1295 1754 Limketkai Luxe Hotel GF, Limketkai Luxe Hotel, Limketkai Center, Cagayan De Oro
1296 1828 Malvar Davao** Mt. Apo St., Davao City
1297 1548 Shell Bacolor** Bacolor, Pampanga
1298 1649 Red Planet Hotel Tune Hotel Ayala, 99 Urban Ave., Brgy. Pio del Pilar, Makati City
1299 1857 Calaca Highway** Poblacion 4, National Highway, Calaca, Batangas City
31
** FC1
^^ FC2/FC3
1300 1703 Scienceville #50 Russia St., Betterliving Subd., Parañaque City
1301 1710 Patimbao Sto. Angel Sur, Sta. Cruz, Laguna
1302 1743 AUF Hospital 2 Angeles University Foundation, Medical Center, MacArthur Highway , Angeles City, Pampanga
1303 1762 Sabang Lipa** Sabang, Lipa, Batangas
1304 1771 Pascam 2 Arnaldo Highway, Brgy. Pasong Camachille-I, Gen. Trias, Cavite
1305 1772 GMA San Jose Brgy. Tinyente Tiago, GMA, Cavite
1306 1835 UIC Bonifacio Dover Magallanes Bonifacio St., Davao City
1307 1856 San Jose 4, N.E.** Bonifacio St., San Jose City, Nueva Ecija
1308 1860 Pinagsama Village** Blk. 3 Lot 3 Phase 2, Pinagsama Village,C-5 Road, Western Bicutan, Taguig City
1309 1865 CPI Kumintang** Barrio of Sambat Ilaya, Batangas City
1310 1617 Unioil West Avenue West Ave. cor. Cavite St., Quezon City
1311 1764 Rebisco #56 Gen. Luis St., Brgy. Nagkaisang Nayon, Novaliches, Quezon City
1312 1805 Malaria Highway^^ Lot 1 Block 1, Quirino Highway, Caloocan City
1313 1423 Pagrai Antipolo Brgy. Mayamot, Antipolo City, Rizal
1314 1863 City Mall Consolacion Sta. Lucia Town Square, Cansaga, Consolacion, Cebu
1315 1801 Scout Tuason** G-103 FSS Building-II, 18 Scout Tuason cor. Scout Castor St., Brgy. Laging Handa, Quezon City
1316 1775 Poblacion Pardo** South Road, Poblacion Pardo Ave., Cebu City
1317 1814 Divine World College Laoag along National Highway, Brgy. Nstra Sra De Visitacion, Laoag City, Ilocos Norte
G/F Unit C3 and C4, Granvia Residences, PODC Business Park, Pueblo de Oro, Cagayan de Oro
1318 1862 Granvia Residences**
City
1319 1603 S.H. Loyola 2 786 Vicente Cruz, Sampaloc, Manila
1320 1749 SPI Dumaguete** Bartsch Bldg., Cervantes Extn., Dumaguete City
1321 1615 CPI T. Padilla** T. Padilla St. cor. M.J. Cuenco Ave., Cebu City
1322 1719 Penaranda, N.E.^^ Rizal St., Road, Brgy. 1, Penaranda, Nueva Ecija
1323 1790 San Simeon** Brgy. San Simeon, Currimao, Ilocos Sur
1324 1420 Chino Roces^^ Unit B GF 2310 Bldg., Chino Roces, Pio Del Pilar, Makati City
1325 1600 Rosario, La Union 2** Brgy. Tay-ac, Rosario, La Union
1326 1669 Escalante/ Jomabo Building Lot 3924D-5-D, East Avenue, Escalante City, Negros Occidental
1327 1760 Phoenix Anabu^^ Phoenix Gas Station, Anabu II-D, Aguinaldo Highway, Imus, Cavite
1328 1831 CPI Angono National Road, San Martin Subd., Brgy. San Isidro, Angono, Rizal
1329 1365 Gold Land Tower Unit 2, G/F of Gold Land Tower Condominium No. 10 Eisenhower St., Greenhills, San Juan
1330 1571 Alijis G/F Ngo Commercial Bldg., Alijis Road cor. Circumferential Road, Bacolod City
1331 1913 Ecoland Dover Magallanes Bonifacio St., Davao City
1332 1768 Biñan Canlalay National Road, Brgy. Canlalay, Biñan City, Laguna
1333 1586 Daanbantayan Osmeña St., Poblacion Daanbantayan, Cebu
1334 1854 Victoria Reyes Victoria Reyes, Dasmariñas, Cavite
1335 1897 Ateneo Jacinto Villa Abrelli St., Brgy. 30 Poblacion, Davao City
1336 947 CDU Phase 2 Carvelco Canteen, North Reclamation Area, Mandaue City
1337 1931 Tulaoc, San Simon** Bgry. Tulaok, San Simon, Pampanga
1338 1274 Abellana Complex Ground Floor, Sato Bldg., R. Landon Ext. cor. Jones Ave., Cebu City
1339 1770 JP Rizal 3** JP Rizal cor. Legaspi Sts., Brgy Valenzuela, Makati City
1340 1923 Cabuyao City Hall** National Highway cor. FB Bailon St., Brgy. Sala, Cabuyao City, Laguna
1341 1881 Antipolo Circle** Circumferential Road, Brgy. Dalig, Antipolo City
32
** FC1
^^ FC2/FC3
1342 1846 SPMC** Jose P. Laurel Ave., Davao City
1343 1922 Elvinda KM 30, National Highway, San Pedro City, Laguna
1344 1795 Kalibo 1 Ground Flr., Villaruel Bldg., Roxas ave., Kalibo, Aklan
1345 1800 CPI Kalentong** Gen. Kalentong St. cor. Romualdez St., Mandaluyong City
1346 1873 Dulong Bayan General Luna St., Dulong Bayan 1, San Mateo, Rizal
1347 1834 Sandawa Guardsman Building Sandawa Road Davao City
Unit 121 & 122 Grand Central Residences Tower 1, EDSAcor. Sultan St., Brgy. Highway Hills,
1348 1788 Sultan-EDSA
Mandaluyong City
1349 1706 Narvacan, Ilocos Sur** National Highway, Narvacan, Ilocos Sur
1350 1872 Potrero Malabon^^ along McArthur Highway cor. Del Monte St.., Brgy. Potrero, Malabon City
1351 1736 SM Dasmariñas Unit E014, GF, SM Dasmariñas, Governor's Drive cor. Aguinaldo Highway, Dasmariñas, Cavite
1352 1845 Tanay Poblacion Plaza Aldea, Tanay, Rizal
1353 1730 Phoenix Alabang-Zapote Alabang-Zapote Road, Pamplona, Las Piñas City
1354 1926 Biñan City Hall Brgy. Zapote, Biñan City, Laguna
1355 1992 GMall** Gaisano Mall of Davao, J.P. Laurel Ave., Davao City
1356 1701 Tigbauan** GF B&C Building Iznart St., Iloilo City
1357 1884 CPI Gusa** Purok 7, Gusa, National Highway, Cagayan de Oro
1358 1949 UM Matina RSY Commercial Complex McArtur H-way, Brgy. Matina, Davao City
1359 1619 Oton 1 3 Mabini St., Oton, Iloilo
1360 1685 Ususan 63 General Luna St., Brgy. Ususan, Taguig City
1361 1885 Tabing Ilog, Marilao MacArthur Highway, Poblacion 2, Marilao, Bulacan
1362 1494 CPI Sipocot** Brgy. Gaongan-Tara, Municipality of Sipocot, Province of Camarines Sur
1363 1680 Pototan Iloilo San Jose St. cor. Magbanua St., Pototan, Iloilo City
1364 1712 Minglanilla 2 Lipata, Minglanilla, Cebu
1365 1891 COC** Max Suniel St., Brgy. Carmen, Cagayan de Oro City
1366 1961 Matina Crossing** Matina Crossing, Davao City
1367 1671 Iloilo- Ayala Technohub** Iloilo-Ayala Technohub Bldg., Brgy. San Rafael, Manduria, Iloilo City
1368 1729 Tagbac Jaro Brgy. Balantang, Jaro, Iloilo City
1369 1821 Ragtime Hotel Dagupan^^ G/F Ragtime Hotel, Perez Blvd., Dagupan City, Pangasinan
1370 1988 Petron Xavier Estate Masterson Ave., Upper Balulang, Cagayan de Oro City
1371 1602 Camalig** Camalig Public Market Bldg., Poblacion, Camalig, Albay
1372 1679 Mansilingan Bacolod G/F Sullesta Property, Alijis Road, Bacolod City, Negros Occidental
1373 1780 Wilcon IT Hub Wilcon IT Hub along Chino Roces Ave., Makati City
1374 1784 Calbayog^^ Calbayog cor. Mariveles St., Highway Hills, Mandaluyong Ciy
1375 1861 Nepa Q. Mart** JCA Bldg., 730 EDSA cor. Ermin Garcia St.,, Cubao, Quezon City
1376 1972 Banawe 3** 575 N.S. Amoranto St. cor. Banawe Ave., La Loma, Quezon City
1377 1479 Homesite Bacolod CL Montelibano Ave. cor. Carlos Hilado Highway, Homesite, Brgy. Villamonte, Bacolod City
1378 1896 Ponciano** Ponciano Reyes St., Davao City
1379 1960 Sumo Asia Hotel GF, Sumo Asia Hotel, Mamay Road, Lanang, Davao City
1380 1999 Venus Tandang Sora** 766 Venus Ave., Banlat, Quezon City
1381 1723 Ecozone Hermosa** Hermosa, Bataan
1382 1841 Maria Orosa 3 1191 Maria Orosa St., Ermita, Manila
1383 1717 Cebu San Fernando Km. 29, National Road, San Fernando, Cebu
33
** FC1
^^ FC2/FC3
1384 1798 Dumlog Talisay** Burgos St., Bumlog, Talisay, Cebu
1385 1804 Peoples Park** 177 J. Camus Ilustre St., Davao City
1386 1796 Bankal Lapu-Lapu** Lucas Bldg. located at Bankal St., Lapu-Lapu City, Cebu
1387 1869 CPI Lagro 868 Quirino Highway, Novaiches, Quezon City
1388 1871 Simala- Cebu Simala, Sibonga, Cebu
1389 1333 Legazpi 4 National Road, Brgy. Rawis, Legazpi City
1390 1898 Bocaue Exit** Brgy. Turo, Bocaue, Bulacan
1391 1778 Bayan Luma 457 Yengco St., Bayan Luma III, Imus, Cavite
1392 1589 Babag Uno** Brgy. Babag 1, Lapu-Lapu City, Cebu
1393 1937 Villa Verde^^ Villa Verde Ave. cor. Geronimo St., Sta. Monica, Quezon City
1394 1859 Kaginhawaan Kaginhawaan St. cor. Kasikatan K.V., Mangahan, Pasig City
1395 1886 Dalaguete Cebu Rizal St., Poblacion, Dalaguete, Cebu
1396 1584 Villa Arevalo Iloilo** Yulo Drive cor. Bonifacio St., Villa Arevalo, Iloilo City
1397 1924 IRRI LB** Brgy. Maahas, Los Baños, Laguna
1398 1765 Arpilleda** 2960 Arpilleda St., Brgy. Carmona, Makati City
1399 1936 Oceanaire^^ Lot 7-B Coral Way Drive cor. Sunrise Drive, Central Business Park 1, Pasay City
1400 1979 Marcos Highway 2, Baguio City** Marcos Highway, Baguio City
1401 1959 Holy Cross College Sta. Ana Ave., LM Guerero St., JP Laureal Ave., Davao City
1402 1644 Badian Poblacion, Badian, Cebu
1403 1713 Banawa Paseo R. Duterte St., Banawa, Cebu City
1404 1909 Baesa 2 Quirino Higway, Baesa, Quezon City
1405 1665 Sta. Ana Tulay** 3163 New Panaderos Extension, Sta. Ana, Manila
1406 1716 Total Gas Roxas Bilbao St. cor. Legaspi St., Roxas City Capiz
1407 1779 Cielito Homes Caloocan Lot 2 Sampaguita St., Area D, Camarin, Caloocan City
1408 1396 Hinigaran** National Road cor. Osmeña St., Municipality of Hinigaran, Negros Occidental
1409 1893 Buhangin Milan** Km. 6 Sta. Cruz, Buhangin, Davao City
1410 2003 BGC Orion 11th Ave. cor. 38th St., Bonifacion Global City, Taguig
1411 1843 Plaza Nouvelle** #2 E. Benedicto cor. Rahmann St., Brgy. Zapatera, Cebu City
1412 2020 Pilar, Sorsogon Milleza St., Brgy. Binanuahan, Pilar, Sorsogon
1413 1974 Tañong^^ Bonifacio Ave., Tañong, Marikina City
1414 1970 Rancho 2** #1 Waco St. cor. Panorama St., Rancho Estate Phase 3, Marikina City
1415 1870 Holy Angel, San Fernando** Holy Angel Village, Telebastagan San Fernando City, Pampanga
1416 2009 Lipa T.M. Kalaw T.M. Kalaw St., Lipa City, Batangas
1417 1934 Mirabela Homes^^ 535 Ramos Compound, Bagumbong, Caloocan City
1418 1910 Tanauan 5 #2 Pres. Laurel Highway, Tanauan City, Batangas
1419 2027 Sta. Barbara, Pangasinan** Poblacion, Sta. Barbara, Pangasinan
1420 1899 Kabatuhan Road- Deparo Blk 7 Lot 2, Kabatuhan Road, Sto. Tomas Ville De Paro, Caloocan City
1421 1981 El Paseo- UP Diliman El Paseo Bldg. Commonwealth Ave., Philcoa, Quezon City
1422 1952 Velez** Don Apolinar Velez St., Cagayan de Oro City
1423 1969 Carnival Park^^ #3 Carnival Park St., Talon Dos, Las Piñas City
1424 1744 Dela Paz Antipolo NHA Ave.,Brgy. Bagong Nayon, Antipolo City
1425 2098 San Pedro College** De Guzman St., Brgy. Sta. Ana, Davao City
34
** FC1
^^ FC2/FC3
1426 1698 Seaoil Taytay Manila East Road cor. Velasquez Road, Muzon, Taytay, Rizal
1427 1928 Banga, Meycauyan McArthur Highway, Brgy. Banga, Meycauayan City, Bulacan
1428 1812 Siliman Medical- Dumaguete** GF Loo Building, Aldecoa St. cor. Ipil St., Dumaguete City
1429 1947 Micara Tanza Micara Plaza, A. Soriano Highway, Brgy. Salud Ulan, Tanza, Cavite
1430 2000 Barangka 2** 310 Barangka Drive cor. Timog St., Mandaluyong City
1431 2010 Toril Sto. Rosario Juan Dela Cruz St., Toril, Davao City
1432 1894 Victoria Plaza** J.P. Laurel Ave., Davao City
1433 1851 Dumaguete Boulevard** GF EBT Building, Unit 101, Rizal Blvd., Dumaguete City
1434 1991 Dela Salle Araneta #82 Araneta Ave., Potrero, Malabon
1435 1990 Paz- Araneta G. Araneta Ave. cor. Kaliraya St., Quezon City
1436 1993 Green Banana Hotel** Green Banana Business Hotel, Pryce Business Park, J.P. Laurel Ave., Davao City
1437 1766 Hermosa Plaza** Hermosa, Bataan
1438 1904 AMC Caldera Gov. Fullon St., San Jose De Buenavista, Antique
1439 1973 Wesleyan University, N.E** Mabini Extn., Cabanatuan City, Nueva Ecija
1440 2016 Shakey's Buting Pasig^^ M. Concepcion, Brgy. Buting, Pasig
1441 2017 Cabaguio Avenue** C5 Cabaguio Bldg, Villamor St., Cabaguio Ave., Davao City
1442 1692 Iloilo Business Park BPO Builduing B-Retail 1, Iloilo Business Park, Mandurriao, Iloilo
1443 1975 La Salle 4 Green Court Parking, Malate, Manila
1444 823 Binalonan Crossing Mc Arthur Highway Binalonan Pangasinan
Unit C5, Ground Floor, The Grand Riviera Suites, Roxas Blvd. cor. Padre Faura St., Ermita,
1445 1422 Grand Riviera Suites^^
Manila
1446 1818 Tunasan 2^^ 155 National Road, Tunasan, Muntinlupa City
1447 1925 D. Jose 2^^ 867 Doroteo Jose St., Sta. Cruz, Manila
1448 1877 Sigma Capiz Poblacon Sur, National Road (Iloilo- Capiz Road), Sigma, Capiz
1449 1686 Bolbok, Batangas City** Brgy. Bolbok, Batangas City
1450 1997 Sampaloc, Tanay J.P. Rizal St., Sampaloc, Tanay, Rizal
1451 1458 Tangke San Roque, Talisay City, Cebu
1452 1962 San Pedro Pelayo** Corner Pelayo and San Pedro St., Davao City
1453 2025 Naic Grand Terminal Brgy. Ibayo Silangan, Naic, Cavite
1454 1747 Siliman Highway Lo-oc, Dumaguete City, Negros Occidental
1455 1941 Shine Residences Meralco Ave., Barrio Ugong, Pasig City
1456 1759 Palauig, Zambales Brgy. West Poblacion, Palauig, Zambales
Merzci Bldg., Sofia Gonzaga St., Fortune Towne, Brgy. Estefania, Bacolod City, Negros
1457 1905 Fortune Town- Merzci**
Occidental
1458 1199 Portovita 14th Ave. Cubao, Quezon City
1459 1563 Ligao** Rizal St. (National Road) cor. Blumentritt St. Ligao City, Albay
1460 1789 Manila Residences II Unit 106-107, Ground Floor, Manila Residences I. Taft Avenue, Malate, Manila
1461 1808 The District North Point Unit F126- F127, L1, The District, North Point, Lacson St., 6115 Talisay City, Negros Occidental
G/F Unit KB-R22 and R23, Knightbridge Residences, Valdez St., Brgy. Poblacion, Century City,
1462 1848 Knightsbridge Residences
Makati City
1463 2004 Green Heights Lot 8, Dr. A. Santos Ave., Brgy. San Isidro, Parañaque City
1464 2039 Magallanes Cavite National Road cor. De Guia St., Brgy. Pblacion, Magallanes, Cavite
1465 2041 San Quintin, Pangasinan** Poblacion San Quintin, Pangasinan
1466 2045 Regional Hospital^^ Sambat, Ibaba, Batangas City
35
** FC1
^^ FC2/FC3
1467 1966 Tagaytay Rotonda Brgy. Silang North Junction, Tagaytay City, Cavite
1468 1587 Bulacao Provincial Road, Bulacao, Pardo, Cebu City
1469 2136 Ecoland Suites Lot 19-A Blk 6, Brgy. Bucana, Ecoland Subdivision, Davao City
1470 2002 Metro Lifestyle** F. Torres St., Jacinto Extn., Davao City
1471 1850 Bonifacio Road, Baguio City Honeymoon Subdivision, Baguio City
1472 1982 Gen. Trias 3 Brgy. Javalera, Gen. Trias, Cavite
1473 1146 Maribago** Datag, Maribago, Lapu-Lapu City
1474 1830 San Pedro 9 Blk 22 Lot 40 San Vicente, San Pedro, Laguna
1475 1844 Citic Tower Citic Tower Unit A #88 Banawe St. cor. Don Manuel Agregado St., Sto. Dmingo, Quezon City
G/F HRDC Bldg., KM 16 South Super Highway cor. Acsie Road, Severine Industrial Estate,
1476 1879 Acsie Compound
Parañaque City
1477 1889 Bagong Silangan Lot 2 Blk 24, Brgy. Bagong Silangan, Quezon City
1478 2078 Matina Aplaya** Aplaya Arcade cor. Purok Malinawon, Matina Aplaya, Davao City
1479 2103 Masantol** Sta. Lucia Anac, Poblacion, Masantol, Pampanga
1480 1786 Pilar Hi-way Brgy. Aliuli, Pilar, Bataan
1481 2001 BF Resort 3 Gloria Diaz St. cor. BF Resort Drive Ave., Las Piñas City
1482 2029 El Grande 316 El Grande Ave., BF Homes Phase 3, Parañaque City
1483 2038 CPI West Service Rd. Km 17, West Service Road, Brgy. Pasong Kawaya, Parañaque City
1484 1976 CPI Gatuslao** Gatuslao St. cor. Burgos Ave., Bacolod City, Negros Occidental
1485 2006 Maria Reyna** Unit 4 & 5, Real Marc Building, Pinikitan, Camaman-an, Cagayan de Oro City
1486 1987 Pateros 2^^ Pateros Park Plaza de Borja, B. Moracilla St., Brgy.Poblacion, Pateros, Metro Manila
1487 2095 Catalunan Grande 1** Brgy. Catalunan Grande, Davao City
1488 2007 Gateway Mall GF #GMGF026R, Gateway Mall, G. Araneta cor. G. Malvar, Araneta Center, Quezon City
1489 1753 CPI Calauag** Brgy. Sta. Maria, Calauag, Quezon
1490 1836 A. Francisco 1917 A. Francisco St., San Andres Bukid, Sta. Ana, Manila
1491 2046 Matina Gallera** Lot 7 Blk 11 McArthur Highway, Km.3, Matina, Davao City
1492 2119 Toril 2 Brgy. Daliao, Toril, Davao City
1493 1920 Mapayapa** Lot 19 Blk 21 Sampaguita Ave., Mapayapa Village, Brgy. Pasong Tamo, Quezon City
1494 1971 St. Francis Square Julia Vargas St. Francis Square Mall along Julia Vargas, Ortigas Center,Mandaluyong City
1495 2081 San Juan, La Union** National Highway, Ili Sur, San Juan, La Union
1496 1767 White Plains 92 C Katipunan Ave., White Plains Subd., Quezon City
1497 2019 Manhattan Dumaguete Calindagan Rd. Dumaguete City
1498 2097 Lucena Capitol Brgy. 8, Quezon Ave., Lucena City, Quezon
1499 2118 UM Tagum Sobrecary St., Brgy. Poblacion, Tagum City
1500 1968 Aguirre 2 BF Homes A. Aguirre Ave., Parañaque City
1501 1946 Airport Road 3 Airport Road cor. Macatan St., Baclaran, Parañaque City
1502 1816 Consolacion M. Pepito St., National Highway, Poblacion Occidental Consolacion, Cebu
1503 2112 Bacacay Poblacion Magsaysay St. cor. Mora St., Bacacay, Albay
1504 2056 Cadiz Negros Villena St. cor. Herrerias St., Poblacion 3, Cadiz City, Negros Occidental
1505 2096 Union Square 15th Ave.** #145 GF Union Square Condominium, 15th Ave., Cubao, Quezon City
1506 1208 Bredco Port BREDCO Pier, Reclamation Ave., Bacolod City
1507 1591 Gun-ob** M.H. Del Pilar S., Gun-ob, Lapu-lapu City, Cebu
1508 1774 Eusebio Arcade II Eusebio Arcade-Lacson, Bacolod City
36
** FC1
^^ FC2/FC3
1509 2034 Samsonville** Samsonville Dau, Mabalacat, Pampanga
1510 1933 Novaville Blk 1 Lot 1, Amparo Nova Ville Subd., De Paro, Caloocan City
1511 2089 La Consolacion Blk 1 Lot 1 Villa Catalina 2 Subd., Sto. Tomas, Biñan, Laguna
1512 1506 San Narciso, Zambales** Brgy. Libertad, San Narciso, Zambales
1513 2114 RMCI- Rivera Medical Hospital Inc 7302 San Francisco, Panabo City, Davao del Norte
1514 1117 Central Signal Village** Lot 1 Blk. 2, Ballecer St., Brgy. Central Signal Village, Taguig City
1515 2031 FCU Roxas** Lot 2 Blk 2, JP Hacermida Bldg., Roxas Ave., Roxas City, Capiz
1516 2132 Maryknoll** RVS Bldg., Poblacion, Panabo, Davao del Norte
1517 2104 Central Park Bangkal** Km 6 McArthur Highway, Bangkal, Davao City
1518 2113 C.M. Recto Davao** C.M. Recto St., Brgy. 34-D, Davao City
1519 1579 BF Condo Unit 105 BF Condominium, Intramuros, Manila
1520 1681 San Miguel Iloilo** Casandra Bldg., Roxas St., San Miguel, Iloilo
1521 2250 Banaybanay Purok 4, Poblacion, Banaybanay, Davao Oriental
1522 2061 JR Borja JR Borja St., Cagayan de Oro City
1523 2130 Balibago Palengke** Brgy. Balibago, Sta. Rosa City, Laguna
1524 1833 Ponce Brgy. 28 D. Suazo St., Manuel L. Quezon Boulevard, R. Magsaysay Avenue, Davao City
1525 1853 Cagban Port- Boracay So-Pure Multi Business Center Bldg., Cagban, Brgy. Manoc-Manoc, Boracay Island, Malay, Aklan
1526 2090 Bucal Tanza** Bucal, Tanza, Cavite
1527 2021 Magsingal Poblacion National Highway, Brgy. San Julian, Poblacion, Magsingal, Ilocos Sur
1528 2055 Labangon 2 A. Lopez cor. Katipunan Sts., Labangon, Cebu City
1529 2135 Tagum Doctors Hospital** Barrio of Magugpo, Tagum City, Davao Del Norte
1530 2143 Jupiter 2 GF, 120 Jupiter, Makati
1531 1964 Tikling Taytay** Tikling Dolores, Taytay, Rizal
1532 2068 Floridablanca** Solib, Floridablanca, Pampanga
1533 2154 Fernando Ave., Marikina** #26 Almond St. cor. Gil Fernando St., Marikina City
1534 1907 Cogon Pardo** Brgy. Cogon, Pardo, Cebu
1535 1948 6th Ave. Caloocan #150 Susano St. cor. M.H. Del Pilar, 6th Ave., Caloocan City
1536 1955 Taclobo Dumaguete Boston Finance Bldg., Dr. V. Locsin St., Taclobo, Dumaguete City
1537 2138 Don Antonio 2 GF Don Antonio Sports Center, Holy Spirit Drive, Brgy. Holy Spirit, Quezon City
1538 2229 MDMRC** MDMRC, JP Laurel Ave., Davao City
1539 2077 D University GF, Commercial Unit 1, D University Place, 2427 Leon Guinto St., Malate, Manila
1540 2080 Palanan** GF Commercial Unit, 3696 Bautista St., Brgy. Palanan, Makati City
1541 2209 Tahimik Avenue Talomo, Brgy. Matina Crossing, Davao City
1542 1878 San Pedro Exit Magsaysay Road, Brgy. San Antonio, San Pedro City, Laguna
1543 2147 Marick Cainta Sto. Domingo, Cainta, Rizal
1544 2188 Agdao Amson Bldg., Leon Garcia St. cor. Lapu-Lapu St., Agdao, Davao City
1545 2126 Landmass Tanza Landmass Park Subd., Brgy. Biga, Tanza, Cavite
1546 2170 Tibungco** Km. 18 Tibungco, Davao City
1547 2191 Mauban Q.C.** A. Bonifacio cor. Mauban St., Quezon City
1548 1825 Springfield** 722-A San Bartolome, Novaliches, Quezon City
1549 1890 Tabon Kawit Brgy. Tabon II, Kawit, Cavite
1550 2274 Convergys North EDSA 6F Annex, SM City North EDSA IT Center, Brgy. Sto. Cristo, Quezon City
37
** FC1
^^ FC2/FC3
1551 2023 SSS Village, Marikina** Rainbow St. cor. Katipunan St., Marikina City
Building 532 and Adjacent Lot, Waterfront Road, Subic Bay Freeport Zone, Olongapo City,
1552 1874 The Reef Hotel
Zambales
1553 1916 CPI San Jose De Buenavista** Tobias A. Fornier st. cor. Rep. Salazar St., San Jose De Buenavista, Antique
1554 2172 Mati Dahican Brgy. Don Martin Marundan, Mati, Davao Oriental
1555 2022 Sanchez Center G/F Unit 1, Sanchez Center, P. Ouano cor. Plaridel Sts. Alang-Alang, Mandaue City, Cebu
1556 2228 Mati Doctors College National Highway, Dahican, Mati City, Davao Oriental
1557 1930 CEU Malolos McArthur Highway, Brgy. Bulihan, Malolos, Bulacan
1558 2156 Shell Gapan, N.E.** Maharlika Highway, Brgy. Sto. Niño, Gapan City, Nueva Ecija
1559 1581 Tabuc Suba Jaro McArthur Drive cor. Villa Consolacion Tabuc Suba, District of Jaro, Iloilo City
1560 2210 FPIP 2** Brgy. Sta. Anastacia, Sto. Tomas, Batangas
1561 1943 SM Rosales MacArthur Highway, Brgy. Carmen East, Rosales, Pangasinan
1562 2011 Rizal Shrine Rizal St., Brgy.4, Poblacion, Calamba, Laguna
1563 2058 Laoag Public Market J.P. Rizal St. cor. Abadilla St., Brgy. 17 San Francisco, Laoag, Ilocos Norte
1564 2120 Basista, Pangasinan National Highway Poblacion, Basista, Pangasinan
1565 2157 Legian 2 Brgy. Carsadang Bago 2, NIA Road, Imus City, Cavite
1566 1526 A. Mabini 2 Mabini, Malate, Manila
1567 2048 Remedios 2 Brgy. 689 Zone 075, Remedios cor. San Marcelino Sts., Malate, Manila
1568 2128 CPI San Mateo Gen. Luna St., San Mateo, Rizal
1569 2129 Tektite East Tower** PSEC East Tower Exchange Road, Ortigas Center, Pasig City
1570 2067 Rainbow Village, Caloocan Lot 26 Blk 37 Rainbow Village 5, Phase 2, Brgy. 171, Bagumbong, Caloocan City
1571 2134 Candelaria Highway** Brgy. Malabanban Sur, Candelaria, Quezon
1572 2159 Cordillera- Mandaluyong** 588 Residences, Cordillera cor Arayat Sts., Brgy. Malamig, Mandaluyong City
1573 2165 The Grove Rockwell 2F The Grove by Rockwell, Pasig City
1574 2166 Oas Iraya Norte, Oas, Albay
1575 2180 Hotel 101 EDSA Extension, Pasay City
1576 2183 Sto. Cristo Recto C.M. Recto Ave. cor. Sto. Cristo St., Binondo, Manila
1577 2194 Valencia Plaza Purok 7, Poblacion, Valencia City, Bukidnon
1578 2225 FEU 2^^ C.M. Recto Ave., Sampaloc, Manila
1579 2246 Landmark Diversion Rd., Bo. Panacan, Davao City
1580 2164 Queens Theatre** Brgy. 004, A. Bonifacio St., Camus St. C.M. Recto St. Ave., Davao City
1581 2127 Urban Hive Bacaca Road, Davao City
1582 2012 Calinog Iloilo Rizal St. cor. Osmeña St., Poblacion, Calinog, Iloilo
1583 2036 St. Joseph Village 7 Blk 2 Lot 1 and 2, St. Joseph Village 7, Brgy. Marinig, Cabuyao City, Laguna
1584 2069 Quijano St..- San Ildefonso Quijano St., Brgy. San Jaun, San Ildefonso, Bulacan
1585 2037 Saint Joseph 8 (Butong) Blk 1 Lot 1, St. Joseph Village 8, Brgy. Butong, Cabuyao City, Laguna
1586 2146 McPod** McArthur's Pod, Matina, Davao City
1587 1887 Barotac Nuevo** Cartagena St., Barotac Nuevo, Iloilo City
1588 2271 Quezon Buda Poblacion, Quezon, Bukidnon
1589 2091 Landco** F. Imperial St., Brgy. Tinago, Legazpi City
1590 1725 Binangonan Triangle JP Rizal St., Binangonan, Rizal
1591 1746 MC Briones** MC Briones St., Mandaue, Cebu
1592 2234 Malibay 3 218 P. Santos St., Malibay, Pasay City
38
** FC1
^^ FC2/FC3
1593 2044 Sillas Anabu** Brgy. Anabu I-B, Imus, Cavite
1594 2033 Libis Camarin Lot 1 Blk 18, Camia St., Brgy. Camarin, Caloocan City
1595 2251 Buho Silang National Road, Brgy. Buho, Silang, Cavite
1596 1875 Banate Iloilo National Road cor. Tarrosa St.,Poblacion, Banate, Iloilo
1597 2179 Mivesa Garden Residences Mivesa Garden Residences Bldg. 1, Salinas Drive Ext., Lahug, Cebu City
1598 2238 Malaybalay Centro** Sta. Ana Bldg., Sayre Highway, Malaybalay City, Bukidnon
1599 2282 Lobo Batangas** P. Burgos St., Lobo Poblacon, Batangas City
1600 1842 Tangos Navotas F. Pascual St., Brgy. Tangos, Navotas City
1601 1940 Gov Pack Luneta Hill, Upper Session Road, Baguio City, Benguet
1602 2015 Pavia Highway** National Road, Brgy. Aganan, Pavia, Iloilo
1603 2111 Sabutan Silang J.P. Rizal St., Brgy. Sabutan, Silang, Cavite
1604 2117 Aglipay 2** 1 Rev. Aglipay St., Brgy. Pag-asa, Mandaluyong City
1605 2240 Ladislawa** Km. 5, Buhangin, Davao City
1606 2245 Sorrento Unit 101A GF, No. 15 C. Raymundo Ave., Brgy. Rosario, Pasig City
1607 2137 UM Digos Poblacion, Digos City, Davao del Sur
1608 2177 Sorsogon Capitol** Rizal St. cor. Burgos St., Sorsogon City
1609 2109 Winford Hotel** Retail 4, Winford Hotel, Brgy. 35C, Consuelo St., Sta. Cruz, Manila
1610 1560 The One Grand Centre** Torre De Santo Tomas, 860 España cor. M.F. Jhocson St., Sampaloc, Manila
1611 2591 Daet Market** J. Lukban cor. J. Pimentel St., Brgy. V, Daet, Camarines Norte
1612 1901 Norkis Cyberpark A.S. Furtuna St. cor. V. Albano St., Brgy. Bakilid, Mandaue City, Cebu
1613 2082 Bokawkan, Baguio** #1 Lower Bokawkan Road, Baguio City
1614 2150 CPI F. Cabahug** Caltex F. Cabahug St., Brgy. Kasambagan, Cebu City
1615 2168 Total Montalban M.H. Del Pilar St., San Rafael, Rodriguez, Rizal
1616 2218 F. Santos 1335 F. Santos Ave., Zapote, Las Piñas City
1617 2258 GSIS Matina** McArthur Highway cor. Libra St., GSIS Subdivision, Matina, Davao City
1618 1892 Concepcion Iloilo Salcedo- Puntales Road, Poblacion, Concepcion, Iloilo
1619 2244 Bulua Candida Door 1 Carisil Bldg., Bulua National Highway, Cagayan de Oro
1620 2059 Lutopan Lutopan Toledo City, Cebu
1621 2083 Pura, Tarlac** Gerona-Pura Rd. cor. Aganon St., Pura, Tarlac
1622 2255 Gagalangin 2 2503 Del Fiero St. cor. Juan Luna, Tondo, Manila
1623 2174 Lupao, N.E.** Cabilos St. cor. Lupao Poblacion East, Nueva Ecija
1624 2216 Mabini 3^^ 1184 A. Mabini St., Malate, Manila
1625 2035 V Luna** V. Luna cor. Matapat, Brgy. Pinyahan, Quezon City
1626 2063 CUMC** Capitol University Medical Center, Gusa, Cagayan de Oro City
1627 1986 Evergreen Mercedes Ave., Pasig City
1628 2289 EPZA Terminal** Tejero Convention, Rosario, Cavite
1629 1776 Lambunao Iloilo Corners of Cataluna and Ladrido St., Lambunao, Iloilo
1630 1921 Canumay East E. Service Road No. 2 Narciso St., Brgy. Canumay East, Valenzuela City
1631 2092 Don Juico Ave.** Unit 1B and 1C, Ming's Building, 608 Son Juico Ave., Malabanias, Angeles City, Pampanga
1632 2316 East Asia Royale Hotel** Barrio Dadiangas, Gen. Sanrtos City, Mindanao
1633 1829 Palisam Calamba Palisam, Calamba City, Laguna
1634 1927 San Luis, Pampanga** Sto. Thomas, San Luis, Pampanga
39
** FC1
^^ FC2/FC3
1635 2072 Pasacao Brgy .Sta. Rosa del Norte, Pasacao, Camarines Sur
1636 2151 San Rafael Wawa MH Del Pilar St. cor. P. Rodriguez St., San Rafael, Rodriguez, Rizal
1637 2273 Amberland Plaza Unit - 102, Ground Floor, Amberland Plaza, Julia Vargas Ave., Ortigas Center, Pasig City
1638 2297 500 Shaw 2 Laurel St. cor. Shaw Blvd., Mandaluyong City
1639 1984 San Manuel, Pangasinan** National Highway, Poblacion, San Manuel, Pangasinan
1640 2047 Global Oil** Congressional Ave. cor. Shorthorn St., Bahay Toro, Quezon City
1641 2115 San Antonio 2 Unit B-5 Jaka Plaza, Dr. A. Santos Ave., San Antonio, Parañaque City
1642 2193 San Remegio Cebu North Hagnaya Wharf Rd. cor. Antonio de Pio Hway, Poblacion, San Remigio, Cebu
1643 2215 Bambang Bambang cor. Felix Huertas, Sta. Cruz, Manila
1644 1827 UM Bolton** A. Bolton St., Davao City
1645 2257 NHA Maa Don Julina Rodriguez Ave., Davao City
1646 2259 Legarda Road, Baguio City Unit 101, 102 & 10-A of Baguio Holiday Villas, No. 10 Legarda Road, Baguio City
1647 1576 Gen. Tinio, N.E.** Poblacion Central, General Tinio, Nueva Ecija
1648 2155 Kanto Bangad, N.E. 178 Kanto Bangad, Cabanatuan City, Nueva Ecija
1649 2399 Polaris** Unit 2 Polaris, Spectrum Midway, Alabang, Muntinlupa City
1650 2317 CPI Lagao** Tiongson St., Brgy. Lagao, Gen. Santos City
1651 2326 CPI Dadiangas** Brgy. Dadiangas, General Santos City
1652 1678 Miag-Ao Iloilo** Zulueta Ave., Miag-ao, Iloilo
1653 1989 Tabaco 2 Ziga Avenue, Brgy. Basud, Tabaco City, Albay
1654 2267 Salinas 2 Brgy. Wawa 1, Rosario, Cavite
1655 2131 Salamanca** Salamanca St. cor. Eduque St., Poblacion, Makati City
1656 1958 Banga Aklan Aklan E Road, Poblacion Banga, Aklan
1657 2206 Pelaez Tuxedo Suites, Pelaez St., Kamagayan, Cebu City
1658 2162 Corrales Corrales Ext., Cagayan de Oro City
1659 2230 SM Lanang Premier J.P. Laurel Ave., Bajada, Davao City
1660 2122 Pandayan, Meycauyan Brgy. Pandayan, Meycauayan, Bulacan
1661 2438 JMC Davao** KJC Compound, Phil.-Jap Friendship Highway, Brgy. Sasa, Davao City
1662 2375 HB1 Boulevard Quezon Blvd. cor Artiaga St., Davao City
1663 2227 Manikling Brgy. San Roque, San Isidro, Davao Oriental
1664 2303 Traders Batangas P. Burgos St. cor. Evangelista St., Batangas City
1665 1911 Don Mariano** Don Mariano Subd. Along Ortigas Ave. Extn., Brgy. San Juan, Cainta, Rizal
1666 2141 Pilar Hidalgo Brgy. Pedro Gil cor. Pilar Hidalgo Lim Sts., Malate, Manila
1667 2074 St. Benedict-Caloocan^^ Congressional Road Ext., Bagumbong, Caloocan City
1668 2102 Park Avenue** J.P. Laurel Ave./ Park Ave., Bajada, Davao City
1669 2195 Sangi Toledo Sangi, Toledo, Cebu
1670 2208 Balungao, Pangasinan** Poblacion Balungao, Pangasinan
1671 2291 Rosario Crossing** Poblacion Carandang St., Rosario, Batangas
1672 2178 Park Centrale G/F Park Centrale, IT Park, Lahug,Cebu City
1673 2239 Bugo** Bugo, Cagayan de Oro City
1674 2247 San Lorenzo Place GF- A19B San Lorenzo Place, Chino Roces, Makati City
1675 2254 Tambo 2** Anflocor Bldg., 411 Quirino Ave. cor NAIA Road, Tambo, Parañaque City
1676 2285 Phoenix Digos San Jose, Digos City
40
** FC1
^^ FC2/FC3
1677 2383 HB1 Ecoland Antastic Complex, Quimpo Blvd., Davao City
1678 2145 Tandang Sora** Brgy. Pasong Tamo, Tandang Sora, Quezon City
1679 2207 Don Bosco, Mabalacat** McArthur Highway, Mabalacat, Pampanga
1680 2372 HB1 Mintal HB1 Mintal, Davao-Bukidnon National Highway, Davao City
1681 2261 Agoncillo Manila^^ 999 GF Stanisco Tower, Pedro Gil cor. Agoncillo St., Ermita, Manila
1682 2052 Northwing Shangri-La Unit GD 117 Northwing of Shangri-la Plaza, EDSA, Mandaluyong City
1683 2144 West Rembo 2^^ A. Mabini St. cor. JP Rizal Ave., Brgy. West Rembo, Makati City
1684 2287 Gensan Roxas** Roxas East Ave., General Santos City
1685 2373 HB1 Toril Toril Crossing, Davao City
1686 2256 Ususan 2** 153 Gen. Luna St. cor. Levi Mariano Ave., Brgy. Ususan, Taguig City
1687 2305 Maysan Road** Maysan Road, Maysan, Valenzuela City
1688 2211 Central Bicutan** Lot 1 Blk 184 A. Bonifacio Drive, Central Bicutan, Taguig City
1689 1938 Gihon Gihon Bldg., Jose Abad Santos Ave. Clark, Pampanga
1690 2266 Bulihan 2 Brgy. Anahaw-1, Silang, Cavite
1691 2310 Palma Gil** Brgy. Poblacion, Davao City
1692 2298 Medicion Imus Medicion St., Brgy. Medicion II C, Imus, Cavite
1693 2110 Grand Canal Mall Unit A141a Grand Canal Mall, Mckinley Hill, BGC, Taguig City
1694 2186 Clark International Airport** Clark International Airport, Clark Freeport Zone, Pampanga
1695 2333 Norzagaray** Poblacion-Norzagaray, Bulacan
1696 2175 San Isidro Montalban** Eastcom Central, Ph1, Blk 1&2, Eastwood Residences, San Isidro, Rodriguez, Rizal
1697 2196 New Washington Aklan Roxas Ave. St., Poblacion New Washington, Aklan
1698 2088 San Pablo Central** Poblacion, San Pablo City, Laguna
1699 2299 Pinagbuklod Imus** Brgy. Pinagbuklod Luna St., Imus, Cavite
1700 2422 Sta. Elena Exit** South Point Subd., Brgy. Banay-Banay, Cabuyao City, Laguna
1701 1967 Perpetual Imus** Brgy. Palico IV, Imus, Cavite
1702 2300 Carmona Municipal** J.M. Loyola St., Carmona, Cavite
1703 2320 De Castro Pasig** #3 Sampaguita St., De Castro Ave., Brgy. Sta. Lucia, Pasig City
1704 2057 Villa Monica 526 M. Almeda St., Pateros, Metro Manila
1705 2093 Pampang, Angeles** Pampang, Angeles, Pampanga
1706 2107 Southkey Hub** Southkey Hub, Indo-China Drive, Northgate Cyberzone, Filinvest City Alabang, Muntinlupa City
1707 2163 Mapulang Lupa^^ #5095 sto. Rosario St., Brgy. Mapulang Lupa, Valenzuela City
1708 2220 Kalibo Plaza G/F Glowmoon Bldg., Martelino St., Poblacion, Kalibo, Aklan
1709 2283 Langkiwa Southville 5A, Brgy. Langkiwa, Biñan City, Laguna
1710 2340 PTT SCTEX** PTT SCTEX, Macangcung Service Area, Subic-Clark Expressway
1711 2217 Padre Faura 2 1227 A. Mabini St. cor. P. Faura St., Ermita, Manila
1712 2472 Pulilan Highway** Brgy. Cutcot, Pulilan, Bulacan
1713 2066 Lingunan^^ #44 P. Gregorio St., Lingunan, Valenzuela City
1714 2223 The Levels** C4 & C5 Pacific Rim Road, Commerce Ave., Filinvest City, Muntinlupa City
1715 2073 Marulas 2^^ #9 Espirito St., Marulas, Valenzuela
1716 2329 MSY Tower Lot 3 Blk 6, Pescaderos Rd., Cebu Business Park, Cebu City
1717 2204 Paradahan Tanza Brgy. Paradahan 2, Tanza, Cavite
1718 2262 St. Francis Assisi** 108 National Highway, Brgy. Pulo, Cabuyao City, Laguna
41
** FC1
^^ FC2/FC3
1719 2296 LRT Cubao GMGF010R, GF, Gateway Mall, Aurora Blvd., Araneta Center, Cubao, Quezon City
1720 2322 Dingle Muyco St., Poblacion, Dingle, Iloilo
1721 1537 Tagaytay Prime Residences Unit C-3B, GF, Tagaytay Prime Residences, Tagaytay Prime Rotunda, Tagaytay
1722 2205 Tiaong Poblacion** Brgy. Poblacion Tiaong, Quezon
1723 2260 Twin Lakes Tagaytay F&B3 GF and LG Bldg., D Twin Lakes Shopping Village, Nasugbu, Batangas
1724 2357 Gulod Batangas** National Road, Gulod Labac, Batangas City
1725 1866 Fatima Dasma Fatima, Dasmariñas, Cavite
1726 2065 Llano Road^^ Teofilo Samson Road cor. Llano Road, Llano, Caloocan
1727 2149 Bangkal 2 GF MN1 Bldg., 1321 Apolinario St., Brgy. Bangkal, Makati City
1728 2402 Ma-a Centro Crossing Jail and Ma-a Rd., Davao City
1729 2253 San Fernando 5** McArthur Hiway, Brgy. Del Pilar, San Fernando, Pampanga
1730 2202 Betis Pampanga** San Nicolas 2nd, Betis, Guagua, Pampanga
1731 1670 C. Lawis, Antipolo** Circumferential Road cor. C. Lawis Extension, Brgy. San Isidro, Antipolo, Rizal
1732 2105 Molo Plaza Lopez Jeana St., Molo, Iloilo City
1733 2184 Lawang Bato^^ Punturin-Lawang Bato Road, Brgy. Lawang Bato, Valenzuela City
1734 2185 Calamansian Caloocan JEL Bldg. Blk 18 Lot 10 Calamansian St. cor. Ascencion St., Maligaya Park Land, Caloocan City
1735 2336 The Charter House 114 Legazpi St., Legazpi Village, Makati City
1736 2181 Tanjay** Tanjay, Negros Oriental
1737 2214 Burgos, Pangasinan Poblacion Burgos, Pangasinan
1738 2286 Valladolid Negros Presbitero St., South Negros Highway, Valladolid, Negros Occidental
1739 2330 Medellin Bogo-Curva-Medellin cor. Daanbantayan Rd., Poblacion Medellin, Cebu
1740 2100 F. Manalo Pasig F. Malano St., Brgy. Sto. Tomas, Pasig City
1741 2167 San Antonio, Sto. Tomas** Brgy. San Antonio, Sto. Tomas, Batangas
1742 2380 Camp Escudero** Cipriana Bldg., Brgy. Sulucan, Magsaysay St., Sorsogon City
1743 1647 San Roque Naic** Governor Drive cor. Capatain Ciriaco Nazareno, Brgy. San Roque, Naic, Cavite
1744 2242 Bayanan** National Road, Brgy.Bayanan, Alabang, Muntinlupa City
1745 2332 Boat Station 1** Boracay Beach Resort, beach front, Boracay Island, Malay, Aklan
1746 2385 Paragon Place Paragon Place, 17 Commonwealth Ave., Batasan Hills, Quezon City
1747 1957 APM Centrale AMP Centrale, Andres Soriano Ave., Cebu Port Centre, CNRA, Cebu City
1748 2200 Navotas City Hall** M. Naval St., Navotas City
1749 2284 Dumoy** Brgy. Dumoy, Davao City
1750 2390 Villanueva** Poblacion, Villanueva, Misamis Oriental
1751 2411 Gensan Freedom Park** Dadiangas, General Santos City
1752 2219 Antigua's Place Gun-ob, Lapu-Lapu City, Cebu
1753 2401 Capas 3, Tarlac** Brgy. Talaga, Capas, Tarlac
1754 2343 ATM Business Center ATM Business Center, GF Ledesma St. cor. Jalandoni St., Iloilo City
1755 2432 Pier 4 Gen. Maxilom Ave. Extn., Cebu City
1756 2292 Edison Avenue** Km 14, Edison Ave., Brgy. Sun Valley, Parañaque City
1757 2437 Tagum Freedom Park** Cor. Osmeña & Arellano Sts., Magugpo Poblacion, Tagum City
1758 2269 Crossing Alijis Lot 2 Blk 1, La Villa De Guadalupe, Circumferential Road, Brgy. Alijis, Bacolod City
1759 2277 Sta. Rita, Pampanga** Brgy. San Vicente, Sta. Rita, Pampanga
1760 2213 Maria Clara Maria Clara St. cor. 7th Ave., Caloocan City
42
** FC1
^^ FC2/FC3
1761 2352 Sta. Rosa Heights Brgy. Putting Kahoy, Silang, Cavite
1762 2121 Umingan, Pangasinan** Gomez St., Poblacion, Umingan, Pangasinan
1763 2176 Rodriguez Boundary^^ JP Rizal St., Brgy. Burgos, Rodriguez, Rizal
1764 2182 Bayawan Negros Bayawan, Negros Oriental
1765 2350 McHotel 35 Susano Rd., Novaliches, Quezon City
1766 2370 CPI Puerto** Puerto, Cagayan de Oro City
1767 2344 Parañaque City Hall San Antonio Ave. cor. Sta. Lucia St., San Antonio, Valley, Parañaque City
1768 2312 Lawaan** Roxas Bldg., Lawaan, Talisay City, Cebu
1769 2308 Jordan Heights Blk 1 Lot 19, Jordan Heights Subd., Nvaliches, Quezon City
1770 2442 Hop Inn M.H. Del Pilar^^ 1850 MH Del Pilar St., Malate, Manila
1771 2054 MacArthur Highway #79 MAcArthur Highway cor. Camito St., Caloocan City
1772 2408 Chong Hua Hospital-NRA** Chong Hua Hospital-Mandaue, Mantawi Ave., North Reclamation Area, Mandaue City, Cebu
1773 2101 Maliwalo, Tarlac Tarlac- Sta. Rosa Rd., Zone 4, Maliwalo, Tarlac City
1774 1954 Dumangas Iloilo** Lot No. 1978, Calle P. Burgos Road, Poblacion, Dumangas, Iloilo
1775 2085 SM Clark Tech Hub SM City Clark, Angeles City, Pampanga
1776 2236 Siaton Negros Siaton, Negros Oriental
1777 2241 Baliuag-Crossing** Brgy. Bagong Nayon, Baliuag, Bulacan
1778 2306 Alapan Imus^^ Alapan St., Brgy. Alapan I B, Imus City, Cavite
1779 2324 Estrada Digos** Lot 1716 H. Estrada St., Brgy. Sta. Cruz, Digos City, Davao
1780 2339 P. Guevarra 2** 262 Santolan Road, San Juan City
1781 2427 Bankerohan Unit 101 and 102 JLF Parkway Magallanes St. cor. Tomas Claudio St., Davao City
1782 2441 Tagaytay Picnic Grove Brgy. Sungay South, Tagaytay City, Cavite
1783 2464 Lorma Medical** CarlaTan San Fernando, La Union
1784 2018 Citymall Parola City Mall, Parola, Ioilo
1785 2043 Memije GMA Lot 16 N2, Blk 45 Congressional Ave. cor. Laurente St., Brgy. Marcelino, Memije, GMA, Cavite
1786 2315 Lourdes Suites^^ 8429 Kalayaan Ave. cor. Makati Ave., Poblacion, Makati City
1787 2356 Blumentritt 4** Cavite St. cor. Lico St., Sta. Cruz, Metro Manila
1788 2364 Masaito Imus Windsor Subd., Brgy. Buhay na Tubig, Imus, Cavite
1789 2458 Cabantian** Cabantian Buhangin, Davao City
1790 2293 Digos Doctors Hospital Digos Doctors Hospital, McAthur Highway, Digos City
1791 2295 Tierra Nova Caloocan Blk 1 Lot 18 & 20 Tierra Nova Main, Bagumbong, Caloocan City
1792 2360 Mambog 2 Daang Palico, Brgy. Mambog I, Bacoor City
1793 2404 Asturias 2 Asturias St., Sampaloc, Manila
1794 2071 San Nicolas I.T. Park Valdez Center, Brgy. 1, San Nicolas, Ilocos Norte
1795 2473 Osmeña Echem** Cor. Florentino Osmeña St., Brgy. Cogon, Cagayan de Oro City, Misamis Oriental
1796 2005 ACI Corp** Inigo St., J.P. Laurel Ave., Davao City
1797 2424 Jaro Plaza Comisson Civil St., Jaro, Iloilo City
1798 2501 Cathedral Iligan** Lluch St., Brgy. Poblacion, Iligan City
1799 2325 Magsaysay San Pedro RJT Bldg., 162 Magsaysay Ave., Brgy. Magsaysay, San Pedro, Laguna
1800 2502 Msu-iit** Andres Bonifacio St., Tibanga, Iligan City
1801 2076 New Era University** Dela Paz, McArthur Highway, San Fernando, Pampanga
1802 2478 81 Xavier** GF 81 Xavier Residences, Greenhills, San Juan City
43
** FC1
^^ FC2/FC3
1803 2536 Culasi Antique** Dioso St., Centro Poblacion, Culasi, Antique
1804 2413 Dalig Antipolo^^ Blk 1 Lot 40, Brgy. San Jose, Antipolo City
1805 2429 Bauang Crossing** Bauang-Baguio Rd., Brgy. Central East, Bauang, La Union
1806 2094 CAPSU Roxas City** Brgy. Bangueroha, Roxas City, Capiz
1807 2409 Chatwoods Center** GF Units 1 & 2- Bldg. 2 Chatwoods Center, H. Cortes cor. AS Foruna, Mandaue City, Cebu
1808 2353 Bucandala 2 Brgy. 4, Imus City, Cavite
1809 2363 Estrella Cainta** Brgy. San Juan, Cainta, Rizal
1810 2302 Mabolo Church 4Dy Strongbond Bldg., M.J. Cuenco, Mabolo, Cebu City
1811 2392 Oranbo A.B Sandoval Bldg., Shaw Blvd., Brgy. Orbando, Pasig City
1812 2377 Palmera SJDM Brgy. Poblacion 1, San Jose Del Monte, Bulacan
1813 2400 City of Dreams LGF, Heart of House, City of Dreams Manila, Aseana Ave. cor. Roxas Blvd., Parañaque City
1814 2491 Tiwi** National Highway, Brgy. Tigbi, Tiwi, Albay
1815 2294 Venue One Boracay** Balabag Hi-way, Brgy. Balabag, Malay, Aklan
1816 2335 Dao Capiz Dao-Maayon Rd., Poblacion Dao, Capiz
1817 2428 UM Panabo** Brgy. Gredu, Panabo City, Davao del Norte
1818 2518 Sta. Ana, Pampanga** Olongapo-Gapan Rd., San Joaquin, Sta. Ana, Pampanga
1819 2414 I Care Makati^^ GF Insular Health Care Bldg., 167 Dela Rosa cor. Legazpi Sts., Legazpi Village, Makati City
1820 2423 Captain Vicente** Puerto, Cagayan de Oro City
1821 2222 Gaisano Jai-Alai** C. Padilla St. Mambaling, Cebu City
1822 2455 Agora Terminal** Gaabucayan St., Agora Lapasan, Cagayan de Oro City
1823 1888 Market Place-11th Ave.** 154 D.P. Housing Project, Grace Park, Caloocan City
1824 2192 Ortigas Park Ortigas Park, F. Ortigas Jr. Road, Ortigas Center, Pasig City
1825 2388 Natividad, Pangasinan Poblacion , Natividad, Pangasinan
1826 2397 Dela Rosa** 7641 Dela Rosa St., Pio Del Pilar, Makati City
Unit 5 and 6, Commercial Complex 2, The Orchid Gardens, Lazatin Blvd., San Fernando,
1827 2415 The Orchid Gardens**
Pampanga
1828 2431 Garden Square** Greenhills Garden Square Condominium, #297 Bonny Serrano Ave., Quezon City
1829 2028 UCC Camarin Lot 14 Blk 44, Bunag St., Area B, Camarin, Caloocan City
1830 2384 CPI Kamuning** 54 Kamuning Rd. cor. Judge Jimenez, Kamuning, Quezon City
1831 2457 Old Sauyo Road** Lot 3 Blk 2 DJR Village, Old Sauyo Rd. Quezon City
1832 2140 Balamban 2 Brgy. Buanoy, Balamban, Cebu
1833 2086 Ibajay Aklan Aklan West Road, Poblacion Ibajay, Aklan
1834 2342 Jimalalud Negros F.F Sevilla Poblacion, Jimalalud, Negros Oriental
1835 2062 Punturin Valenzuela** Punturin-Lawang Bato Road, Brgy. Punturin, Valenzuela City
1836 2075 Granada Heights Lot 1123, Montelibano St., Brgy. Granada, Bacolod City, Negros Occidental
1837 2248 Calinan Public Market Villafuerte St., Calinan, Davao City
1838 2301 Cyber Park Tower 1** GF Cyber Tower One, Gen. Aguinaldo St., Cubao, Quezon City
1839 2304 La Consolacion Valenzuela^^ St. Jude St. cor. Samal St, Malinta, Valenzuela City
1840 2367 Burgos 2 2289 Burgos St., Pasay City
1841 2551 USEP Davao** Inigo St., Brgy. Obrero, Davao City
1842 2398 Shell Putatan 26-27 National Rd., Brgy. Putatan, Alabang, Muntinlupa City
1843 1917 Antique Capitol** San Jose De Buenavista, Antique
1844 2008 Murcia Negros** Lot 123, Murcia Road cor. Miranda St., Poblacion, Murcia, Negros Occidental
44
** FC1
^^ FC2/FC3
1845 2268 North Olympus** L1A, B4, Ph4 North Olympus Subd., Novaliches, Quezon City
1846 2272 Vergon Ville L6 A. Aurora Drive, Vergon Ville Subdivision, Las Piñas City
1847 2412 Agora Crossing 370 North Bay Blvd., Lapu-Lapu Ave. cor. North Bay Blvd. South, Navotas City
1848 1569 Lapu-Lapu City Hall GA Building, Pusok, Lapu-Lapu City, Cebu
1849 2087 Jaro Market Dalan El 98 St., Jaro, Iloilo
1850 2263 One Central Retail B GF, One Central Makati, Buendia, Makati City
1851 2386 CPI NAIA Kabihasnan** Caltex NAIA (Kabihasnan), Ninoy Aquino Ave., San Dionisio, Kabihasnan, Parañaque
1852 2387 One West Campus A106b One West Campus, McKinley West, Fort Bonifacio, Global, Taguig City
1853 2395 Avida Centera** Unit 1C-13, Avida Towers Centera, EDSA cor. Reliance St., Mandaluyong city
1854 2405 LV Locsin 6752 L.V. Locsin Bldg., Ayala Ave., Makati City
1855 2436 Circuit Lane LC 127, Lower G/F, Circuit Lane, Circuit, Makati City
1856 2447 San Guillermo Pasig** Garcia St. (San Guillermo Ave.), Pasig City
1857 2346 Ecoland Terminal** Candelaria Rd., Matina, Davao City
1858 2362 Kalibo 2** Cor. L. Barrios St., Roxas Ave., Poblacion, Kalibo, Aklan
1859 2328 Concepcion 2, Marikina #592 J.P. Rizal St., Concepcion Uno, Marikina City
1860 2434 Tagoloan Phoenix** National Highway, Brgy. Poblacion, Tagoloan, Misamis Oriental
1861 2430 Quiot Pardo** Honeyville Subd., Sabellano St., Quiot Pardo, Cebu City
1862 2481 Taytay Poblacion** No.2 Kadalagahan St., Brgy. Dolores, Taytay, Rizal
1863 2280 Maypajo 2** 217 A. Mabini St., Brgy. Kaunlaran, Caloocan City
1864 1824 Entrata G2 Level 1, Entrata, Spectrum Midway Extension, Muntinlupa City
1865 2419 Luna, La Union** Poblacion, Brgy. Alcala, Luna, La Union
1866 2505 Vamenta Carmen Vamenta St., Carmen, Cagayan de Oro City
1867 2124 Urdaneta City University** Brgy. San Vicente, Urdaneta City, Pangasinan
1868 2391 Gulf View** National Higjhway, Brgy. Bago Aplaya, Talomo District, Davao City
1869 2535 Almendras Pichon St. cor. Quimpo Blvd., Davao City
1870 2389 Sta. Barbara 2, Pangasinan Sta. Barbara, Pangasinan
1871 2358 Pinatubo Cubao** No. 3 Pinatubo St., Brgy. San Martin de Porres, Cubao, Quezon City
1872 2368 Catalunan Pequeño Km 12 Catalunan, Pequeño, Davao City
1873 2425 Oslob Cebu** Poblacion Oslob, Cebu
1874 2451 Fajardo Fajardo St. cor. M. Dela Fuente St., Sampaloc, Manila
1875 2474 Welborne Carmona** Brgy. Bancal, Carmona, Cavite
1876 2515 SPCBA Km 30 Old National Highway, Brgy. Nueva, San Pedro, Laguna
1877 2544 Robinsons Novaliches Robinsons Novaliches, Quirino Highway, Brgy. Pasong Putik, Novaliches, Quezon City
1878 2618 Lifestyle CDO Lifestyle District, Corrales Extn., Cagayan de Oro City
1879 2161 CDO Carmen** Carmen, Cagayan de Oro
1880 2199 Llano Elementary School 717 Llano Road, Novaliches Llano, Caloocan City
2479 Olongapo City National High
1881 #1543 Rizal Ave. West Tapinac, Olongapo City
School**
1882 2450 2nd Avenue #30 Lot 2-A-1 Rizal Ave. Extn. Cor. 2nd Ave., Caloocan City
1883 2366 Sumpong Purok 3, Malaybalay City, Bukidnon
1884 2327 Bignay Valenzuela Bignay-Llano Road, Brgy. Bignay, Valenzuela City
1885 2453 Dumalag Capiz** San Martin St., Poblacion, Dumalag, Capiz
1886 2608 Iba Zambales 2** Sta. Cecilia Medical Center, Palanginan, Iba, Zambales
45
** FC1
^^ FC2/FC3
1887 2379 Nangka, Marikina** 1 Buenmar Ave. cor JP Rizal, Nangka, Marikina
1888 2511 Gaisano Macasandig** Unit 1, 2 & 3 GF, Tomasaco St., Macasandig, Cagayan de Oro
1889 2575 HB1 Bunawan Bunawan Crossing, Davao City
1890 1797 Mactan Shrine** 4328-A Cadastre, Brgy. Mactan, Lapu-Lapu City, Cebu
1891 2361 Kapalong Arellano St. cor. Quezon St., Kapalong, Davao del Norte
1892 2561 Uratex-East Service Rd. Uratex Km23 East Service Rd., Brgy. Cupang, Muntinlupa City
1893 1996 CPI Legazpi Airport** Caltex Washington Drive, Brgy. Cruzada Legazpi City, Albay
1894 2013 Mambusao Capiz Villareal Highway, Poblacion Tabuc, Mambusao, Capiz
1895 2221 Mabinay Negros 2922 Mabinay, Negros Oriental
1896 2374 Shell Santiago** Santiago Blvd. cor. JP Laurel Ave., Dadiangas East, Gen. Santos City
1897 2416 Halang Villa Remedios^^ Villa Remedios, Brgy. Halang, Calamba City, Laguna
1898 2448 Tibal-og Tibal-Og, Sto. Tomas, Davao del Norte
1899 2449 Guihulngan City** S. Villegas St., Guihulngan City, Negros Oriental
1900 2497 Bagac, Bataan JJ Linao National Rd., Brgy. A Ricardo, Bagac, Bataan
1901 2513 CPI Pulong Sta. Cruz Sta. Rosa-Tagaytay Rd., Brgy. Pulong Sta. Cruz, Sta. Rosa, Laguna
1902 2567 P. Ocampo** Chino Roces Ext. along Pablo de Ocampo, Makati City
1903 2288 Morong Bataan** Brgy. Binaritan, Morong, Bataan
1904 2463 Maia Alta** B18 L34 Woodrow Hills, Brgy. Dalig, Antipolo City
Unit No. G-1, GF Garden Heights, 269 R. Rodriguez Sr. Ave., Brgy. Damayan Lagi, New Manila,
1905 2623 Trinity-E. Rod
Quezon City
1906 2475 Angelicum College** Sto. Domingo St. cor. P. Florentino St., Brgy. Matalahib, Sta. Mesa Heights, Quezon City
1907 2476 Bay Breeze** 11 Manuel L. Quezon St., Brgy. San Miguel, Taguig City
1908 2562 Quezon Panabo** Poblacion, Panabo, Davao del Norte
1909 2487 OWWA Pasay 2143 FB Harrison St., Pasay City
1910 2512 Sto. Domingo, Albay** National Rd., Brgy. Market Site, Sto. Domingo, Albay
1911 2528 Scape Diosdado Macapagal Ave. cor. Pearl Drive, Mall of Asia Complex, Pasay City
1912 2666 Antique Provincial Hospital** Brgy. Atabay, San Jose de Buenavista, Antique
1913 2265 Pandi, Bulacan** Brgy. Bigaa Poblacion, Pandi, Bulacan
1914 1953 Island Mactan Central Mactan Economic Zone, M.L. Quezon National Highway, Pusok, Lapu-Lapu City, Cebu
1915 2338 Mountain View** #35 Don Gueco Ave. cor. Rina St., Mountain View, Balibago, Angeles, Pampanga
1916 2393 Nightingale Quirino 1189 Quirino Highway, Novaliches, Quezon City
1917 2520 Pimsat Dagupan** Bolosan District, Dagupan City, Pangasinan
1918 2571 T.N.H.S Albay** Cabilis St., Brgy. Panal, Tabaco City, Albay
1919 2060 Calabanga National Road, Brgy. San Francisco, Calabanga, Camarines Sur
1920 2318 ADG IT Tower** G/F A.D. Gothong I.T. Tower, Lopez Jaena St., Subangdaku, Mandaue City
1921 2420 St. Mary Tagum National Highway, Tagum City, Davao del Norte
1922 2456 Citymall Boracay Unit T-7 & T-8, GF, Citymall Boracay, Boracay Tambisaan, Jetty Port Rd., Boracay, Malay, Aklan
1923 2534 Calicanto** Brgy. Calicanto, Batangas City
1924 2064 Aklan Capitol** 30 Osmeña Ave., Capitol Site, Estancia, Kalibo, Aklan
1925 2514 Uptown Mall BGC Unit D10, Fourth Floor, Uptown Mall, BGC, Taguig
1926 2563 Cayco Dormitorio De España, Cayco, Sampaloc, Manila
1927 2644 Poblacion Panglao** G/F Unit 01-01 & 01-02 Arcom Center, Poblacion, Panglao, Bohol
1928 2433 Ledesco Iloilo** Javellana St. cor. MH Del Pilar St., Brgy. San Pedro, Jaro, Iloilo City
46
** FC1
^^ FC2/FC3
1929 2108 Pateros 3 7 B. Morcilla St., Brgy. Poblacion, Pateros, Metro Manila
1930 2506 Bulaong Terminal** Osmeña St. cor. Bulaong Ave., Gen. Santos City
1931 2539 Northpark** UN Ave. cor. Plaridel St., Brgy. Alang-alang, Mandaue City, Cebu
1932 2675 Sutherland Clark** Lot 1 Lot 2, corner J. Abad Santos Ave. & E. Quirino St., Clark Freeport Zone, Pampnaga
1933 2509 Gen. Mamerto Natividad** Poblacion, Gen. Mamerto Natividad, Nueva Ecija
1934 2508 La Forteza Blk 6 Lot4 La Forteza Subd., Camarin A, Caloocan City
1935 2622 Camp Olivas** McArthur Highway, Brgy. Nicolas, San Fernando, Pampanga
1936 2099 Lubao Municipal Hall** San Nicolas 1st, Lubao, Pampanga
1937 2189 PNB Xavier University Corrales cor. T. Chaves St., Cagayan de Oro City
1938 2348 Greenwoods 2** Greenwoods Drive cor. Oakwood St., Greenwoods Executive Village, Pinagbuhatan, Pasig City
1939 2483 Calumpit 2** No. 51 LKG Blgd., McArthur Highway, Calumpit, Bulacan
1940 2529 Toril Caltex Dumoy Rd., Toril, Davao City
1941 2576 Minalin, Pampanga** San Nicolas Poblacon, Minalin, Pampanga
1942 2418 Moret #840-844 Moret St., Sampaloc, Manila
1943 2541 Casa de Sequoia Casa de Sequoia Condominium, Padre Diego Cera Ave., Brgy. Elias Aldana, Las Piñas City
1944 1636 Windland Tower Residences G17 GF Winland Tower Residences, Tomas Morato Ave., Kristong Hari 4, Quezon City
1945 2480 Kasa Luntian** R-02 and R-03, UG/F, The Lanai at Kasa Luntian, Tagaytay City, Cavite
1946 2452 Lacson 851 A.H. Lacson Ave. cor. España Blvd., Manila
1947 2593 Asingan, Pangasinan** Poblacion Asingan, Pangasinan
1948 2581 LPMC** H-7 Mikesell Subd. Marcos Alvarez Ave., Talon Singko, Las Piñas City
1949 2606 Plaridel Poblacion** Brgy. Poblacion, Plaridel, Bulacan
1950 2545 Pililla** J.P. Rizal St., Imatong, Pililla, Rizal
1951 2537 Tagum DRH** Apokan, Tagum City, Davao del Norte
1952 2123 Aguilar, Pangasinan Poblacion, Aguilar, Pangasinan
1953 2275 Sorsogon College** Brgy. Almendras-Cogon, Sorsogon City
1954 2633 Real Village 670 Tandang Sora Ave., Quezon City
1955 1998 Capri #5 Banahaw St., Bo. Capri, Nagkaisang Nayon, Quezon City
1956 2198 Makati Poblacion** Villena St. cor. R. Palma St., Brgy. Poblacion, Makati City
1957 2309 Victor Hotel** Epoch One Bldg., J. Victor St., Brgy. Pio del Pilar, Makati City
1958 2351 San Miguel Heights Road 1 cor. Road 5, San Miguel Heights, Marulas, Valenzuela City
1959 2510 Puan Puan, Talomo, Davao City
1960 2530 Bago Gallera Libby Road, Bago Gallera, Davao City
1961 2549 Tagumpay Rodriguez No. 2 Kanlauan cor. Mayon, Amity Subd., Brgy. San Jose, Rodriguez, Rizal
1962 2594 Bolinao** Brgy. Poblacion, Bolinao, Pangasinan
1963 2620 Gensan Aparente** Aparente St. cor. Salvani St., Brgy. City Heights, Gen. Santos City
1964 2680 CPI Panacan** Km. 13 Panacan, Davao City
1965 2722 MPC** National Highway, Crossing Makar, Brgy. Labangal, Gen. Santos City
1966 2321 Sacred Heart Pasig** #4 M. Suarez Ave., Brgy. Caniogan Maybunga, Pasig City
1967 2587 Lite Port Center** G/F Unit 114 & 115 Life Port Center, Gallares St., Tagbilaran City, Bohol
1968 2313 Passi Iloilo** Simeon Aguilar St., Poblacion Ilawod, Passi City, Iloilo
1969 2637 Danao Port** Cor. Central Nautical Highway, Poblacion, Danao City, Cebu
1970 2454 Padilla Antipolo Blk 37, Lot 2, Phase 1 Bagong Nayon 2, Brgy. San Isidro, Antipolo City
47
** FC1
^^ FC2/FC3
1971 2470 Porac 2, Pampanga** Manibaug, Paralay, Porac, Pampanga
1972 2632 Tibag, Tarlac Brgy. Tibag, Tarlac City
1973 2570 Pimsat San Carlos** Rizal Ave., Poblacion, San Carlos, Pangasinan
1974 2552 Marina Mall Mactan Marina Mall, MEZ 1, Ibo, Lapu-Lapu City, Cebu
1975 2500 Carles Poblacion Aexander Betita St., Poblacion Carles, Iloilo
1976 2599 Panay Capiz Pob. Ilaya, Panay, Capiz
1977 2631 CPI Ma-a** Ma-a Rd., Davao City
1978 2689 Bauan Municipal** Bauan Poblacion, Batangas City
1979 2417 Obando, Bulacan** J.P. Rizal St., Pag-asa, Obando, Bulacan
1980 1965 BJS Compound** 1869 P. Domingo St., Makati City
Tenant 9, Citymall SCTEX, Seaoil Megastation, Subic-Clark-Tarlac Expressway (SCTEX),
1981 2564 Citymall SCTEX**
Concepcion, Tarlac
1982 2573 Pantukan Centro Surigao-Davao Coastal Rd., Brgy. King-king, Pantukan, Compostela Valley
1983 2459 Cuartero Capiz Brgy. Poblacion Takas, Cuartero, Capiz
1984 2572 Mati Terminal** Brgy. Central, Mati City, Davao Oriental
1985 2613 Tanyag Taguig** Plaza Dela Rosa Bldg, Mañalac Ave., Bagong Tanyag, Taguig City
1986 2732 Mango Square Gorund Floor, Mango square, Mango Avenue, Cebu City
1987 2484 Panacan Highway Panacan Highway Relocation, Davao City
1988 2523 Old Sentro Calumpang Calumpang Ave., Calumpang, Gen. Santos City, South Cotabato
1989 2533 Calamba Market Crossing JP Rizal St., Crossing, Calamba City, Laguna
1990 2635 Downtown Bacolod Luzuriaga St., Downtown Bacolod City
1991 2439 Dumarao Capiz Poblacion Ilaya II, Dumarao, Capiz
1992 2378 Sto. Tomas, La Union** Damortis, Sto. Tomas, La Union
1993 2485 CPU Acclaim** G/F Acclaim Bldg., 112 Lopez Jeana St., Jaro, Iloilo City
1994 2628 Don Carlos Centro Poblacion Don Carlos, Bukidnon
1995 2531 Matain, Zambales** Matian, Subic, Zambales
1996 2590 Barra Johndorf Barra Crossing, Zone 4, Opol, Cagayan de Oro City
1997 2619 Iligan City Plaza** General Aguinaldo St., Iligan City
1998 2040 Bagong Silang High School Lot 5 Blk 31 Package 2, Phase 3 Bagong Silang, Caloocan City
1999 2672 Sipalay Negros** Brgy. 1-Poblacion, Sipalay city, Negros Occidental
2000 2235 Ilugin Pasig 2500 Sandoval Ave. cor. San Sebastian St., Pinagbuhatan, Pasig City
2001 2582 Central Signal Village 2** Lot 8 Blk 5 MRT Ave. cor. Sto. Niño St., Zone 3B, Central Signal Village, Taguig City
2002 2490 The Rolex Place** Dahlia Ave. cor. Rolex St., West Fairview, Quezon City
2003 2677 Mindanao Ave. 2 Lot 2-B Mindanao Ave., Bahay Toro, Quezon City
Unit 14 Ground Floor, #187 EDSA South Wing Maranaw Plaza Bldg., Greenhills East, Brgy.
2004 2681 EDSA Ortigas
Wack-wack, Mandaluyong City
2005 2595 Albay Capitol 746 Rizal St., Old Albay, Legazpi City
2006 2676 Fairview Terraces** Fairview Terraces, Qirino Highway cor. Maligaya Dr. St., Novaliches, Quezon City
2007 2592 Carmona Estates Carmona Estate, Brgy. Lantic, Carmona, Cavite
2008 2615 TV5 Reliance** TV5 Reliance St. cor. Sheridan St., Brgy. Highway Hills, Mandaluyong City
2009 2657 Catmon Cebu Central Nautical Highway, Catmon, Cebu
2010 2683 Roosevelt 2 Roosevelt Ave., Quezon City
2011 2727 21st Ave.^^ 307 P. Tuazon cor. 21st Ave., Cubao, Quezon City
2012 2646 DMSF** Gahol Ave., Davao City
48
** FC1
^^ FC2/FC3
2013 2507 Peseta Lot 1 Blk 215 Dollar St. cor. Peseta, Phase 8, North Fairview, Quezon City
2014 2516 Sampaguita-Malaria Blk 7 Lot 2 & 3, Brgy. 185 Zone 6, Quirino Hi-way, Caloocan City
2015 2503 Telabastagan, Pampanga** Unit N-ECC Bldg., McArthur Hi-way, Telabastagan, San Fernando, Pampanga
2016 2522 Taktak Antipolo** Sumulong Highway, Brgy. Dela Paz, Antipolo City
2017 2559 Dasol, Pangasinan Poblacion, Dasol, Pangasinan
2018 2624 Heroes Hotel Manila** F. Torres S. cor. Osmeña South Super Highway, Manila
2019 2760 E Bloc 3 Level 1, eBloc Tower 3
2020 2526 Aseana Square Aseana Square, Pres D. Macapagal Blvd., Aseana City, Parañaque
G-01, Upper Ground Flr., Bldg. 2, City of Dreams Manila, Aseana Ave. cor. Roxas Blvd.,
2021 2565 City of Dreams 2
Entertainment City, Parañaque City
2022 2579 Phoenix Maa Maa cor. Diversion Rd., Davao City
2023 2664 Alimodian** Maximo St. cor. Magallanes St., Poblacon, Alimodian, Iloilo
2024 2752 Tandang Sora 2 250 Tandang Sora Ave., Quezon City
Space 6, GF, Manhattan Heights, General Romulo Ave. cor P. Tuazon, Araneta Center, Cubao,
2025 2625 Manhattan Heights
Quezon City
2026 2212 Cupang Antipolo Pamorama St., Brgy. Cupang, Antipolo, Rizal
2027 2381 Marigman Antipolo #11 Marigman Rd., Brgy. San Roque, Antipolo City
2028 2403 Cardona Pob Manila East Rd., Brgy. Real, Cardona, Rizal
2029 2471 San Manuel, Tarlac** McArthur Highway, Brgy. Poblacion, San Manuel, Tarlac
2030 2201 Kasarinlan Taksay st., Dagat-dagatan, Caloocan City
2031 2685 Howmart** 1256 EDSA cor. Howmart Rd., Apolonio Samson Balintawak, Quezon City
2032 2583 Kalibo Airport** Kalibo International Airport, Pook, Kalibo, Aklan
2033 2656 Southville Sta. Rosa Southville, Brgy. Caingin, Sta. Rosa City, Laguna
2034 2697 Pasuquin Poblacion National Highway, Brgy. Poblacion, Pasuquin, Ilocos Norte
2035 2337 Castillejos 2** Brgy. Poblacion, Castillejos, Zambales
2036 2584 Tejero 2** Lot 523-A-6 Tejero, Gen. Trias, Cavite
2037 1832 IT Matina Park I.T. Matina Park along McArthur Hi-way, Davao City
2038 1852 The Space** A.S. Fortuna St. cor. P. Remedio St., Banilad, Mandaue City, Cebu
2039 2560 Infanta, Pangasinan** Poblacion, Infanta, Pangasinan
2040 2652 Dau Extension** Dau, Mabalacat, Pampanga
2041 2699 EPZA Gate 5** EPZA Diversion Rd., Soriano Highway, Bacao 2, Gen. Trias, Cavite
2042 2616 I Pacific Residences Calle Ilang-Ilang cor. Calle Lavezares St., Tondo, Manila
2043 2323 Southwoods Mall A26/A27 Southwoods Mall, Southwoods City, Biñan, Laguna
2044 2465 UE Tech 267 UE Tech, University Hills Subd., Caloocan City
2045 2525 Maasin Rizal St., Maasin, Iloilo
2046 2546 Tramo Pasig G.S.I.S Rd. (Tramo St.), Sta. Lucia, Pasig City
Stalls 1 and 2 of Hospicio de San Jose de Barili Commercial Bldg., N. Bacalso cor. Rama Ave.,
2047 2612 HSJB
Cebu City
2048 2617 Phoenix Panorama Panorama, Davao City
2049 2645 Cartimar Pasay Cartimar Shopping Center, Taft Ave., Libertad, Pasay City
2050 2687 IMET Unit 5 iMet BPO, Macapagal Ave., Pasay City
2051 2688 Sto. Cristo, Tarlac M.H. Del Pilar St. cor. Jan Luna St., Sto. Cristo, Tarlac Cty
2052 2691 Shell Montevista** Poblacion, National Highway, Montevista, Compostella Valley
2053 2705 Portal East** Siliman University Portal East cor. Perdices and Siliman Highway, Dumaguete City
49
** FC1
^^ FC2/FC3
2054 2641 Jacinto Boulevard** Jacinto Blvd. cor Quezon Blvd., Davao City
2055 2723 Farconville Subdivision Farconville Subdivision, San Pablo, Laguna
2056 2713 Polomolok Market** National Highway, Sampaguita St., Poblacion, Polomolok, South Cotabato
2057 2654 Tuscany Tuscany, McKinley Hill, Taguig City
2058 2568 CPI Castilla** National Highway, Brgy. Cumadcad, Castilla, Sorsogon
2059 2578 CPI Rizal Lacson** Lacson St. cor. Rizal St., Bacolod City, Negros Occidental
2060 2621 Pantabangan, N.E.** Brgy. Poblacion, Pantabangan, Nueva Ecija
2061 1247 Epson Lima Tech** Epson New Bilding LIMA Tech, Brgy. Bugtong, Lipa City, Batangas
2062 2753 UP Town Center U.P Town Center, Ayala Mall
2063 2812 Tominobo** Tominobo, Iligan City
2064 2785 Petron Tibanga** Petron Gas Station Tibanga, Iligan City
2065 2733 Shell Cannery** Shell Gasoline Station, cor. Cannery Rd., Poblacion, Polomolok, South Cotabato
2066 2711 Gensan STI** J. Catolico Ave., Gen. Santos City
2067 2203 Arayat Highway** Manga-Cacutud, Arayat, Pampanga
2068 2446 West Zamora** 1673 J. Zamora St., Paco , Manila
along Ilocos Norte-Apayao Rd. cor. Dingras-Marcos Rd., Brgy. Albano Poblacion, Dingras, Ilocos
2069 2504 Dingras Poblacion
Norte
2070 2746 Batangas Grand Terminal** Diversion Road Balagtas, Batangas Grand Terminal, Batangas City
2071 1900 CPI Binalbagan** Negros South Road, Binalbagan, Negros Occidental
2072 2345 Panorama Techno Center Panorama Techno Center, 1029 EDSA, Quezon City
2073 2542 Amaia Sta. Mesa Amaia Skies Sta. Mesa, Sta. Mesa, Manila
2074 2804 Lagundi Pampanga** #113 Centro, Brgy. Lagundi Mexico, Pampanga
2075 1929 Bulaon** Blk 25 Lot 18, Bulaon Resettlement, San Fernando, Pampanga
2076 2493 Gran Plains G/F PT Española Bldg., Gran Plains Subd., Brgy. MV Hechanova, Jaro, Iloilo City
2077 2527 Bo. Obrero Sampaguita St. cor. Everlasting St., Bo. Obrero, Lapuz, Iloilo City
2078 2736 MIT Building MIT Bldg., Gorordo Ave., Cebu City
2079 2764 Montillano 3 239 Montillano St., Alabang, Muntilupa City
2080 2701 Pontevedra Capiz** Poblacion Ilaya, Pontevedra, Capiz
Unit A-01, Back of House, Okada Manila, New Seaside Drive, Entertainment City, Brgy. Tambo,
2081 2629 Okada Manila
Parañaque City
2082 2655 Cainta Municipal** Brgy. Sto. Domingo, Cainta, Rizal
2083 2695 Alaminos 2** San Jose Drive cor. Rabago St., Brgy. Poblacion, Alaminos City, Pangasinan
2084 2810 Araneta Busport** Araneta Center Bus Port, Cubao, Quezon City
Unit R103, Aria Bldg, Amaia Steps Sucat, Dr. A. Santos Ave., Brgy. San Antonio, Sucat,
2085 2543 Amaia Steps Sucat
Parañaque
2086 2462 Sudipen Poblacion, Sudipen, La Union
2087 2603 Sta. Arcadia Cabanatuan** Brgy. Sta. Arcadia, Cabanatuan City, Nueva Ecija
2088 2698 Compostela** Brgy. Pblacion, Compostela, Cebu
Digos City Satellite Transport Terminal, Doña Aurora St., Super Highway, Brgy. Aplaya, Digos
2089 2823 Digos Terminal**
City
2090 2767 Petron Bagontaas Sayre Highway, Petron Gasoline Station, Brgy. Bagontaas, Valencia City, Bukidnon
2091 2731 LTO Tayuman** 1405 Tayuman St. cor. Ipil St., Sta. Cruz, Manila
2092 2790 Gingoog Centro** J.J Ganaba Ave., Poblacion Gingoog City, Misamis Oriental
9th flr., Cinvergys Mall of Asia, Tower B, Two E-com Center, Bayshore Drive, Mall of Asia
2093 2826 Convergys MOA
Complex, Pasay Cty
2094 2482 Manuyo Uno 2735 Gen. Luna St., Mauyo Uno, Las Piñas City
50
** FC1
^^ FC2/FC3
2095 2743 Green Oil Balmores Green Oil Balmores, Balomores St., Koronadal City
2096 2796 Hotel Lafe** 532 Magsaysay Ave., Baguio City
2097 2855 Pres. Roxas Capiz** Poblacion, National Road, Pres. Roxas, Capiz
2098 2765 STI Regalado Regalado Hi-way, Brgy. North Fairview, Quezon City
2099 2820 Galleria Luisa** Gallares St., Poblacion II, Tagbilaran City, Bohol
2100 1985 Isla Homes Sandoval Ave., Palatiw, Pasig City
2101 2690 Yazaki Imus Brgy. Anabu II-A Imus, Cavite
2102 2710 Manjuyod Poblacion, Manjuyod, Negros Oriental
2103 2745 Tayuman 3 Tayuman St., Tondo, Manila
2104 2349 P. Campa 2** Padre Campa St., Sampaloc, Manila
2105 2673 Tagum Apokon** Magugpo, Tagum City, Davao del Norte
2106 2601 Lipa Highway 2** Brgy. Mataas na Lupa, Lipa City
2107 2864 Butuan Doctors Hospital** JC Aquino Ave., National Highway, Butuan City, Agusan Del Norte
2108 2854 Pandan Antique** Pres. C. Tayco St. cor. Justice C. Zaldivar St., Centro Sur, Poblacion, Pandan, Antique
2109 2867 Esplanade Filinvest G/F JD Bldg., Brgy. Tabucan, Mandurriao, Iloilo City
2110 2630 Mati Baywalk Quezon St. cor. LGR Ave., Brgy. Central, Mati City, Davao Oriental
2111 2715 Lucsuhin IMPC Bldg., Gen. Aguinaldo Highway, Brgy. Lucsuhin, Silang, Cavite
2112 2786 Maramag BPH** Sayre Highway Poblacion, Maramag, Bukidnon
2113 2725 Layac Junction** Layac Junction, Brgy. Layac, Dinalupihan, Bataan
2114 2708 Dangwa Terminal, Baguio** D' Restaurant Bldg., Dangwa Terminal, Baguio City
2115 2648 Flying V SRP Flying V Gas Station, Uldog St. cor. South Road Properties, Cansojong, Talisay City, Cebu
2116 2872 URC Pampanga** Del Rosario Rd., Sindalan, San Fernando Pampanga
2117 2728 T3 Arrival** Stall No. 3B, Arrival Lobby, NAIA Terminal 3, Pasay City
2118 2754 Padada** National Highway Almendras district, Padada, Davao Del Sur
2119 2627 Tagum Pioneer** Sobrecary St. cor. Pioneer Ave., Magugpo Poblacion, Tagum City, Davao del Norte
2120 2742 Madonna General Hospital** National Highway cor. Sudapin Rd., Kidapawan City, North Cotabato
2121 2604 CPIP Batino** CPIP Industrial, Brgy. Batino, Calamba City, Laguna
2122 2653 Brittany Square** Brittany Square, Belfast cor. Mindanao Ave., Novaliches, Quezon City
2123 2686 Darangan #116 Manila East Road, Brgy. Darangan, Binangonan, Rizal
2124 2830 Petron Balingasag** Waterfall, Balingasag, Misamis Oriental
2125 2407 Station 3 Beachfront** Station 3 Beachfront, Brgy. Manoc-Manoc, Boracay, Malay, Aklan
2126 2469 Sibalom Antique** R. Masa and Fenete Sts., Poblacion, Sibalom, Antique
2127 2709 Balagtas Rotonda** Brgy. Balagtas, Batangas City
2128 2768 Dipaculao Aurora Dipaculao, Baler-Casiguran Rd., Dipaculao, Aurora
2129 2517 Pugo** Poblacion West, Pugo, La Union
2130 2724 PPMC, Apalit** McArthur Highway, Brgy. Sampaloc, Apalit, Pampanaga
2131 2791 CPI Koronadal** CPI Koronadal, Gensan Drive, Koronadal City
Fora Mall, Brgy. Silang, Crossing East, Rotunda Junction, Emilio Aguinaldo Highway, Tagaytay
2132 2468 The Fora
City, Cavite
2133 2609 GICC City Time Square Iloilo City Center, Sen. Benigno S. Aquino Ave., Iloilo City
2134 2643 Plaza Magellan Retail 1, Tower 1, Plaza Magellan, Mactan Newtown, Cebu
2135 2665 Hagonoy Bulacan** San Sebastian, Hagonoy, Bulacan
2136 2692 Bautista, Pangasinan** 53 Poblacion East, Bautista, Pangasinan
51
** FC1
^^ FC2/FC3
2137 2751 Sta. Ana, Taguig** Liwayway Street, Sta. Ana, Taguig City
2138 2758 Mabini, Pangasinan Poblacion Mabini, Pangasinan
2139 2799 Valencia** Baylon Bldg., South Poblacion, Valencia, Negros Oriental
2140 2440 Ivisan Capiz MH Del Pilar and Zamora Sts., Poblacion Norte, Ivisan, Capiz
2141 2638 Tintay Baybay Bldg., GF Unit 1-3, H. Abellana Rd., Talamban, Cebu City
2142 2714 EB Magalona** E.B. Magalona, Negros Occidental
2143 2763 Villamor 2** Andrews Ave., cor, Higgings Brgy 185 Pasay City
2144 2771 Suntrust Capitol** No. R4 and R5 Suntrust Capitol Plaza, Matalino St., Quezon City
2145 2874 Villa Beach Villa Arevalo, Iloilo City
2146 2030 Sto. Cristo, Pampanga** Pandan Rd., Brgy. Sto. Cristo, Angeles, Pampanga
2147 2774 Recto Evangelista** Evangelista St. cor. Soler St., Recto, Manila
2148 2787 Bilibiran Binangonan Brgy. Bilibiran, Binangonan, Rizal
2149 2828 Naawan Magbago Building Naawan, Misamis Oriental
2150 2674 La Paz Market Luna St., La Paz, Iloilo City
2151 2886 Centro Pacita** Brgy. San Vicente, San Pedro City, Laguna
2152 2862 Arlington** 12 G. Araneta Ave. Quezon City
2153 2805 Laur Poblacion Laur, Nueva Ecija
2154 2555 Cliffpoint Square** Cliffpoint Square, Julia Vargas Ave., Brgy. Ugong, Pasig City
2155 2574 Z Plaza City Times Sqaure Plaza Bldg., D. Jakosalem St., Cebu City
2156 2679 Plaza Burgos Vigan** No. 1 Mena Crisologo St., Vigan City, Ilocos Sur
2157 2741 Bansalan** Santiago G-Station, National Highway, Poblacion Dos, Bansalan, Davao Del Sur
2158 2784 Licab, N.E. Poblacion Norte, Licab, Nueva Ecija
2159 2789 Kidapawan Apo** Singao Rd. cor. National Highway, Kidapawan City, North Cotabato
2160 2486 Saekyung Village GF Unit 1 Administrative Bldg., Saekyung Village One, Marigondon, Lapu-Lapu City, Cebu
2161 2700 San Juan Laiya** Brgy. Laiya, San Juan, Batangas
2162 2355 Bata Bacolod Kanlaon St. cor. Circumferential Rd., Brgy. Bata, Bacolod City, Negros Occidental
R102-103, Ground Floor, Amaia steps Bicutan, West service Road, Brgy. Sun Valley, Parañaque
2163 2650 Amaia Bicutan**
City
2164 2747 Jetti Bulaong National Higway cor. Bulaong Ave., Gen. Santos City
2165 2831 Malhacan, Meycauayan** Malhacan Road, Brgy. Malhacan, Meycauayan City, Bulacan Province, Philippines
2166 2833 Gensan Bula** Jorge Royeca St. cor. Honorio Arriola St., Bula, Gen. Santos City
Commercial 1, GF Avida Towers Astrea, Quirino Highway, Brgy. Pasong Putik, Novaliches,
2167 2532 Avida Astrea
Quezon City
2168 2626 Mt. Carmel Brgy. Antipolo del Norte, Lipa City, Batangas
2169 2734 Jose Panganiban** National Rd. South Poblacion, Jose Panganiban, Camarines Norte
2170 2806 Fatima Lagro Lot 3 Blk 10 Qirino Highway Sacred Heart Village, Novaliches, Quezon City
2171 2840 Nazareth CDO 12th-29th Street, Nazareth, Cagayan De Oro City
2172 2866 San Antonio Village 8836 Sampaloc St., San Antonio Village, Makati City
2173 2602 San Carlos Provincial Hospital** Bolingit, San Carlos City, Pangasinan
2174 2494 Mexico, Pampanga** Poblacon, Mexico, Pampanga
2175 2634 Delpan Recto Ave. Tondo, Manila City
2176 2783 CPI San Frans** National Highway, CPI San Francisco, Agusan Del Sur
2177 2813 Bahay Pare, Meycauyan Bulacan Sitio Dos Barangay Bahay Pare, City of Meycauyan Bulacan
2178 2811 Koronadal RMC** CSA Building, Alunan Avenue, Koronadal City, South Cotabato
52
** FC1
^^ FC2/FC3
2179 2841 Global Enterprise 138 HV Dela Costa St. Salcedo Village, Makati City
2180 2738 Buildcomm Center Sumilon Rd., Cebu Business Park, Cebu City
2181 2720 Robinsons Azalea Place- Cebu Gorordo Ave., Lahug, Cebu City
2182 2173 Parada, Valenzuela #94 Captain Cruz St., Parada, Valenzuela City
2183 2659 Bacarra Poblacion Brgy. Sta. Rita, Bacarra, Ilocos Norte
2184 2829 Ayala Malls Serin Space 47-48, 1st Flr., Ayala Malls Serin, Tagaytay-Nasugbu Rd., Tagaytay City
2185 2662 Holiday Subdivison Brgy. San Antonio, San Pedro City, Laguna
2186 2884 Santa Lucia Poblacion National Highway, Brgy. Barangobong, Santa Lucia, Ilocos Sur
2187 2782 Banawa** R. Duterte St., Banawa, Cebu City, Cebu
2188 2660 Maderan GMA** Maderan, GMA, Carmona, Cavite
2189 2925 Hamtic Antique** Brgy. Poblacion 2, Hamtic, Antique
2190 2905 Balete Poblacion** Brgy. Poblacion, Balete, Batangas
2191 2726 Holy Trinity College Pres. Sergio Osmeña Ave. cor. Claro M. Recto, Gen. Santos City
2192 2858 Kauswagan Bonbon** R.N. Pelaez Blvd., Kauswagan, Cagayan de Oro City
2193 2835 Palayan, N.E. Poblacion palayan, Nueva Ecija
2194 2519 Janiuay, Iloilo** C. Salazar St., South Poblacion, Janiuay, Iloilo
2195 2651 Sucat Zentrum** Dr. A. Santos Ave., Brgy. BF Homes, Parañaque City
Corner Agusan-Misamis Oriental Rd., San Francisco St., Sayre Highway, Butuan City, Agusan del
2196 2827 FSUU Butuan**
Norte
2197 2772 Camachile Site** #39-C North Diversion Rd., Quezon City
2198 2860 Ronda Villanueva Bldg., Santander-Barili-Toledo Rd. cor. Ylaya Rd., Poblacion, Ronda, Cebu
2199 2888 Southdrive Village** National Highway., Brgy. Dila, Sta. Rosa City, Laguna
2200 2899 Carmen Terminal** National Highway, Carmen, Davao del Norte
2201 2915 Sabang Bay Baler** Brgy. Sabang, Baler, Quezon, Aurora
2202 2597 Balasan Ilolilo** Del Rosario St., Brgy. Poblacion Norte, Balasan, Iloilo
2203 2797 Pontevedra Negros Pontevedra, Negros Occidental
2204 2770 Ayala Alabang Village** Palawan Park, Ayala Alabang Village, Muntinlupa City
2205 2729 New Caloocan City Hall** Caloocan Commercial Complex or C-Cube, 8th Ave. cor 8th St., Caloocan City
2206 2538 Mati Centro** Rizal St., Mati City, Davao Oriental
2207 2678 Empress Antipolo C. Lawis Extension, Brgy. San Isidro, Antipolo City, Rizal
2208 2908 Southpick Sinalhan Tatlong Hari St., Brgy, Sinalhan, Sta. Rosa City, Laguna
2209 2800 GSIS Village** 78 Grant St., cor., Benefit St., Project 8, Quezon Cty
2210 2861 Palm Beach Villas Unit 1-2 Palm Beach Villas, Metrobank Ave., Pasay City
2211 2917 Tagkawayan Highway Brgy. Sta. Cecilia, Andaya Highway, Tagkawayan, Quezon Province
2212 2956 Manolo Centro** Brgy. Tankulan, Sayre Highway, Poblacion, Manolo Fortich, Bukidnon
2213 2658 Felix Ave. Marcos Highway cor. Felix Ave., Marikina City
2214 2889 Roxas Blvd.- Vito Cruz 1702 Roxas Blvd. Pasay City
2215 2636 Riavin Sailway P. Acharon cor. Cahilsot St., Brgy. Dadiangas West, Gen. Santos City
2216 2488 Gam Parklane Residences** 212 EDSA Ext., Brgy. San Rafael, Pasay City
2217 2809 Gaisano San Carlos F. Ledesma Ave. cor. Ledesma St., San Carlos City, Negros Occidental
2218 2910 Gabaldon, Nueva Ecija** Poblacion, Gabaldon, Nueva Ecija
2219 2766 Bugasong Antique** Centro Pojo Poblacion Municipality of Bugasong, Province of Antique
2220 2706 Seascape** G07 Seascape Village, Atang Dela Rama, Pasay City
53
** FC1
^^ FC2/FC3
2221 2992 Sabang Puerto Galera** Brgy. Sabang, Puerto Galera, Oriental Mindoro
2222 3008 Calapan** JP Rizal St., Brgy. San Vicente South, Calapan City, Oriental Mindoro
2223 2640 TS Cruz, Las Piñas** B9 L27-28 Dahlia St., TS Cruz Subdivision, Almanza Dos, Las Piñas City
2224 2918 Pagbilao 2 Brgy. Talipan, Pagbilao, Quezon
2225 2912 Samson Road 2 100 Samson Rd. cor. Caimito St., Univrsity Hills, Caloocan City
2226 2717 M.L. Quezon Muntinlupa 578 M.L. Quezon St., Brgy. Cupang, Muntinlupa City
2227 2887 W Mall** GF, W Mall, Diosdado Macapagal Blvd. cor. Coral Way, Bay City, Pasay City
2228 2891 Wilson San Juan 219 Wilson, Greenhills, San Juan City
2229 2798 San Joaquin Iloilo** 58 Real St., Purok 3, Poblacion San Joaquin, Iloilo
2230 2902 Maria Aurora Brgy. 1, Maria Aurora, Aurora
2231 2961 Mayantoc Town Proper** 01 Rizal St., Poblacion Sur, Mayantoc, Tarlac
2232 2938 Sgt. Yabut 8147 Sgt. Fabian Yabut St., Brgy, Guadalupe Nuevo, Makati City
2233 2707 High Pointe Shaw** High Pointe Medical Hub, Shaw Blvd. cor. M. Yulo St., Brgy. Bagong Silang, Mandaluyong City
2234 2788 City Park Hotel Gensan Drive, koronadal, South Cotabato
2235 2856 Sagad Pasig** 54 C. Raymundo St., Brgy., Sagad Pasig City
2236 2913 Caba, La Union Poblacion Norte, Caba, La Union
2237 2948 Town and Country Marilao 34 McArthur Highway, Brgy. Abangan Norte, Marilao, Bulacan
2238 2957 San Juan 2, La Union** Urbiztondo, San Juan, La Union
2239 2996 Paramount 2 135 West Ave., Brgy. Bungad, Project 7, Quezon City
2240 2980 San Raphael** Dau, Mabalacat, Pampanga
2241 2849 Meridian Park** GF, Double Dragon Plaza Tower 1, EDSA Extn. Cor. Macapagal, Pasay City
2242 2903 Phoenix Cannery** Brgy. Cannery Site, Polomolok, South Cotabato
2243 2922 DGMC Hospital** Medical Arts Bldg., Divine Grace Medical Cener, Tejero Bypass Rd., Gen. Trias, Cavite
2244 2895 Guimbal** Corners Gerona and Lakandula Streets, Poblacion, Guimbal, Iloilo
2245 2801 MMC Gensan Mabuhay Road, cor. Salvani st., Brgy., city Heights, General Santos City
2246 2589 Cabangan, Zambales** Brgy. San Antonio, Cabangan, Zambales
2247 2943 CPI Calumpang** Brgy. Calumpang, Gen. Santos City
2248 2882 CTP Alpha Tower** CTP Apha Building, Investment Drive, Madrigal Business Park, Ayala Alabang, Muntinlupa City
2249 2607 Lolomboy** Brgy. Lolomboy, Bocaue, Bulacan
2250 2793 United Doctors Lucena United Doctors, Lucena City, Quezon
2251 2794 Barotac Viejo** Barotac Viejo Poblacion, Iloilo
2252 2311 Sundance Residences GF Space 3, 4, 5 Sundance Residences, R. Duterte St., Banawa, Cebu City
2253 2696 M. Paulino** M. Paulino St., San Pablo City, Laguna
Claro M. Recto Ave. and J. Topacio Rd., Clark Civil Aviation Complex, Clark Freeport Zone,
2254 2160 Clark Square Mall
Pampanga
2255 2331 Igbaras Iloilo Rizal St., Brgy. 2, Igbaras, Iloilo
2256 2762 CPI Silangan Carmel Town Cecilia Yulo Ave. cor. Jose Yulo Sr. Ave., Silangan Canlubang, Calamba, Laguna
2257 2981 UST Quadricentennial Stall 02, Q-Pavillion, University of Santo Tomas, España, Manila
2258 2985 Masangkay 2 1512 Cor. Masangkay St., Tondo, Manila
2259 3007 Altavas Poblacion G/F R&A Commercial Building, Poblacion Altavas, Aklan
2260 2780 Calape** Bohol Circumferential Rd., Brgy. Sta. Cruz, Calape, Bohol
2261 2951 Monkayo Centro** LS Sarmiento St. cor. Cervantes Rd., Monkayo, Compostela Valley
2262 2347 Village Square Mall GF A11-a One Town Square (La Fuerza), Alabang- Zapote Rd., Las Piñas City
54
** FC1
^^ FC2/FC3
2263 2880 Avenida** Rizal Ave. cor. Soler St., Sta. Cruz, Manila
2264 2890 La Loma Q.C. #62-64 Retiro St. cor. Baco St., La Loma, Quezon City
2265 2950 Cabanatuan Cityhall** No. 42 M. De Leon Ave., San Josef Sur, Cabanatuan City, Nueva Ecija
2266 2958 Bambang, Nueva Vizcaya** Poblacion, Bambang, Nueva Vizcaya
2267 2968 Bristol Regalado** Lot 2A Blk 51 Bristol St. Fairmont Park Subd., North Fairview, Quezon City
2268 2586 Bagong Nayon Antipolo** Road 1, Cogeo Village, Brgy. Bagong Nayon, Antipolo City
2269 2939 Dansalan** 115 Makaturing St. cor. Dansalan St., Mandaluyong City
2270 2803 Aringay** Aringay, La Union
2271 2907 Uni V South Montilla** Barrio Villa Kananga, Butuan City, Agusan del Norte
2272 2959 Sta. Fe, Nueva Vizcaya** Poblacion, Sta. Fe, Nueva Vizcaya
2273 2976 Mahabang Parang Angono Brgy. Mahabang Parang, Angono, Rizal
2274 2749 Alae Centro Brgy. Alae Manolo Fortich, Bukidnon
2275 2821 Oliveros Antipolo 182 P. Oliveros St., cor., Gen. Luna Street, Brgy. San Roque, Antipolo City
2276 2761 Townsite** National Rd., Brgy. Townsite Poblacion, Mariveles, Bataan
2277 2839 Tupi Tupi Poblacion, South Cotabato
2278 2865 Mayondon** Brgy. San Antonio, Los Baños, Laguna
2279 2769 Baliuag By-Pass** Brgy., Sta. Barbara, Baluiag, Bulacan
2280 1882 CDO Plaza** Abejuela St., Divisoria, Cagayan de Oro City
2281 2540 Mandurriao Hospital** Q. Abeto St., Mandurriao, Iloilo City
2282 2556 Petron Iponan** Quinasanghan, Brgy. Barra, Opol, Misamis Oriental
2283 2934 Cristobal No. 1806 Dapitan St., cor. Cristobal Street, Sampaloc Manila
2284 2947 CPI Laoag** Caltex J.P. Rizal, Laoag City, Ilocos Norte
2285 2775 Ebloc 4** Stall 103, Level 1, eBloc Tower 4, Cebu IT Park, Cebu City
2286 2963 Ayala Malls The 30th L0059, Lower Ground Floor, Ayala Malls The 30th, 30 Meralco Ave., Pasig City
2287 2703 Caltex Magallanes** Caltex Magallanes St., Cebu City
2288 2778 Tagbilaran Airport** Benigno Aquino Rd.. Cor., Lamdagan St., Brgy. Cogon, Tagbilaran City, Bohol
2289 2883 Gensan Malakas** Purok Malakas, General Santos City, South Cotabato
2290 2960 Albergo EGI Albergo Di Ferroca Building, #1 Villamor St., Brgy. Lualhati, Baguio City
2291 2756 ASEANA 3 Aseana Business Park Aseana Ave., cor., D. Macapagal Boulevard, Parañaque City
2292 2930 San Frans Terminal TS Building, Zamora St. cor. Aquino St., San Francisco, Agusan del Sur
2293 2844 Monarch Parksuites G11 GF Monarch Parksuites, Bradco Ave., Parañaque City
2294 2814 Xevera Bacolor** Xevera Calibutbut Market, Bacolor, Pampanga
2295 2773 GT Town Mall Ungka Ungka II, Pavia, Iloilo City
2296 3035 Gerona Crossing** McArthur Highway cor. Gerona Pura Road, Brgy. Abangon, Gerona, Tarlac
2297 2871 Pasay Rotonda** Unit No. P 01 to 05, Empire Center Mall, EDSA cor. Taft Ave., Pasay City
2298 3073 Cauayan Crossing** National Highway, Cauayan City, Isabela
2299 2521 Bamban 2** Brgy. Poblacion, Bamban, Tarlac
2300 2642 CPI Summerville** Marcos Highway, Brgy. Mayamot, Antipolo City
2301 2744 Lupon Highway** National Highway cor. Mati Rd., Poblacon, Lupon, Davao Oriental
2302 2807 Tapaz Capiz San Geronimo St., Poblacion, Tapaz, Capiz
2303 2369 Apollo 2 Luna St., Moonwalk Village, Las Piñas City
2304 3128 Shaw Blvd** 711 Shaw Blvd., Mandaluyong City
55
** FC1
^^ FC2/FC3
2305 2998 Hop Inn Aseana** Blk 5 Lot 9 Aseana Business Park, Brgy. Tambo, Paranaque City
2306 2596 Hibao-an Sur** Guzman St., Mandurriao, Iloilo City
2307 2759 Canumay West T. Santiago Rd., Brgy. Canumay West, Valenzuela City
2308 2669 Tagum Capitol Circumferential Rd. cor. Pagsabangan Rd., Brgy. Mankilam, Tagum City, Davao del Norte
2309 2999 Sto. Domingo Bay Brgy. Sto. Domingo Bay, Laguna
2310 2979 Solano, Nueva Vizcaya** National Highway, Brgy. Poblacion, North Solano, Nueva Vizcaya
2901 M.L. Quezon Antipolo (Antipolo
2311 M.L. Quezon Rd., Brgy. San Roque, Antipolo City
Doctors)**
2312 2997 LRT Libertad** Victory Pasay Mall, Taft Ave. cor. Libertad St., Pasay City
2313 3060 Ormoc Lopez Jaena** Lopez Jaena St., Poblacion, Ormoc City, Leyte
2314 2836 Marilao Exit** Along Duhaat Street corner Patubig Road, Marilao Bulacan
2315 2704 HNU** J.A. Clarin St., Dampas, Tagbilaran City, Bohol
2316 2909 Tobias Fornier** Poblacion Norte, Tobias Fornier, Antique
2317 2898 St. Lazarus St. Lazarus Village, Brgy. San Rafael, Sto. Tomas, Batangas
2318 2965 Aritao** Poblacion, Aritao, Nueva Vizcaya
2319 3018 San Frans Rotonda Brgy. 5, San Francisco, Agusan del Sur
2320 3045 LIIP Mamplasan LIIP Business Center Building, Blk. 10 Lot 4 LIIP Ave., Mamplasan, Biñan, Laguna
2321 3147 Malolos Provincial Hospital** Mabini St., Majon, Malolos City, Bulacan
2322 2847 Malaybalay BPH** Brgy. Impalambong, Malaybalay, Bukidnon
2323 2946 Callejon Taytay Callejon 1st Street, corner Rizal Ave., Taytay, Rizal
2324 2846 Gensan Fatima Employees Village Barangay Fatima General Santos City, South Cotabato
2325 2892 Visayas Ave** 42 Visayas Ave., Project 6, Quezon City
2326 2941 Sto. Entierro Miranda St., Sto. Entierro, Angeles City, Pampanga
2327 2781 C Plaza** Pajac-Maribago Rd., Brgy. Pajac, Lapu-Lapu City, Cebu
2328 3050 Calaocan, San Jose Cardenas St., Caloacan, San Jose City, Nueva Ecija
2329 3017 Julugan Tanza Florentino Joya St., Brgy. Julugan I, Tanza, Cavite
2330 3137 Clark M.A. Roxas Highway** Clark Freeport Zone, Clark Field, Pampanga
2331 3074 Santiago 3** Brgy. Villasis, Santiago City, Isabela
2332 3081 Dasca Center G/F Dasca Centre, Aguinaldo Highway, Brgy. Zone 1-A, Dasmariñas, Cavite
2333 2859 Casa Bacobo** 1000 J. Bocobo St. cor. Kalaw Ave., Ermita, Manila
2334 2848 Gensan Labangal Makar Road, Brgy. Labangal, General Santos City
2335 2853 Pavia Plaza** No. 1 Lopez Jaena St., Pavia, Iloilo
2336 2975 Balabag Pavia Brgy. Balabag, Pavia, Iloilo
2337 3015 CAA Road** GF, Royale Asia Bldg., Blk 2 Lot 3 & 4, CAA Road, BF Martinville, Pulang Lupa Dos, Las Piñas City
2338 2863 CPI Cugman** C.M. Recto, Cugman Highway, Cagayan de Oro City
2339 2755 Shell Makilala** Digos-Sultan Rd., Makilala, North Cotabato
2340 2936 CPI Upper Session** Caltex Gasoline Station, GSIS Compound, Upper Session, Marcoville, Baguio City
2341 2878 Ginatilan San Roque, Ginatilan, Cebu
2342 2920 Teresa 2 Sumulong Highway cor. Pantay-Buhangin Road., Brgy. Bagumbayan, Teresa, Rizal
2343 3014 New York, Aurora** #9 New York St. cor. E. Rodriguez Sr., Ave., Brgy., Pinagkaisahan, Cubao, Quezon City
2344 3071 Balanga Highway** Brgy. Bagong Silang, Balanga City, Bataan
2345 3087 Pawing, Palo** NitroFuel Gasoline Station, Tacloban-Baybay Rd., Palo, Leyte
2346 2702 Cogeo Market** NHA Ave., Brgy. Dela Paz, Antipolo Rizal
56
** FC1
^^ FC2/FC3
2347 2693 Bani** Poblacion, Bani, Pangasinan
2348 2982 Ajuy Poblacion** Real St., Poblacion, Ajuy, Iloilo
2349 3179 Tubod Iligan** Brgy. San Miguel, Iligan City
2350 2967 Pamplona Uno** 50 Alabang-Zapote Road, Pamplona Uno, Las Piñas City
2351 2971 Pandi 2** 174 Mapulang Lupa, Pandi, Bulacan
2352 3046 Santiago 1 (Dubihan)** Dubinan East, Santiago City, Isabela
2353 2757 L&Y Plaza** L&Y Plaza, Ortigas Ave. cor. C5 Rd., Pasig City
2354 3006 Taft Ave. Extension** Baclaran Saulog- Taft Ave. Extn., Pasay City
2355 3003 Panit- an Capiz Poblacion Tabuc, Panit-an, Capiz
2356 3132 MH Del Pilar Pasig Brgy. Sto. Tomas, Pasig City
2357 2969 Urban Deca** Urban Deca Tower, EDSA Shaw, Brgy. Highway Hills, Mandaluyong City
2358 3026 Estancia Iloilo** Poblacion Zone II, Estancia, Iloilo
2359 2990 Alabel Poblacion Garcia St., Alabel Poblacion Sarangani Province
2360 2991 Sutherland** Quirino Ave., Davao City
2361 3178 Padre Garcia Batangas** Poblacion, Padre Garcia, Batangas
2362 2682 Nakpil Dormitel** Lot 10 cor. Taft Ave., Nakpil St., Manila City
2363 2614 Pooc Talisay Mohon Rd., Brgy. Pooc, Talisay City, Cebu
2364 3104 Surallah Poblacion** Surallah Poblacion, South Cotabato
2365 3131 Victoria Mindoro** Western Nautical Highway, Brgy. Poblacion, Victoria, Oriental Mindoro
2366 2919 Dulong Bayan Bacoor** Tirona Highway, Dulong Bayan, Bacoor City, Cavite
2367 2834 Multinational Village GF, ECG Building, Multinational Ave., Multinational Village, Parañaque City
2368 3067 Dona Pilar** LTG Y12 Building, KM. 9, BO., Pampanga, Sasa, Davao City
2369 2924 MCI Hospital** Medical Center Imus, Diversion Rd., Palico Imus, Cavite
2370 3056 Eastwood Rodriguez Eastwood Greenview Subd., Phase 4 San Isidro, Rodriguez, Rizal
2371 2748 Valencia SAIT Cor. Mabini Roxas St., Valencia City, Bukidnon
2372 3054 Palao Iligan** Quezon Ave. Extn., Palao, Iligan City
2373 3062 Concepcion Naga Pan-Philippine Highway, Brgy, Concepcion Grande, Naga City, Camarines Sur
2374 3091 San Jose Malino** Main Road, San Jose, Malino, Mexico, Pampanga
2375 3118 Alicia** Magsaysay St., Alicia, Isabela
2376 2988 Pag-asa Binangonan Villamayor Compound, Brgy. Pag-asa, Binangonan, Rizal
2377 3055 Oton Highway J.C Zulueta & Benedicto Sts., Poblacion South, Oton, Iloilo
2378 3011 Laoag Airport Road** Brgy. 50, Airport Road, Laoag City, Ilocos Norte
2379 2931 Bayani Road 2 L21 B86 AFPOVAI Western Bicutan, Taguig City
2380 3164 Sto. Niño Cotabato Brgy. Sto. Niño, Norala, South Cotabato
2381 2843 Parkwest** Unit 108, Parkwest, Veriton Fort, FBG, Taguig City
2382 3027 Moalboal 2** Poblacion, Moalboal, Cebu
2383 3076 Roxas Plaza Isabela** Don Mariano Marcos Ave., Rizal, Isabela
2384 2868 Tibiao Antique** A.T. Lim cor. J. Mendoza St., Poblacon, Tibiao, Antique
2385 3175 Nabas Aklan** Poblacion Nabas, Aklan
2386 2566 Maginhawa 129 Maginhawa St., Teachers Village East, Diliman, Quezon City
2387 3064 Sucat Muntinlupa** 630 M.L Quezon St., Purok 4, Brgy., Sucat, Muntilnlupa City
2388 3139 Quezon Isabela** National Highway, Brgy. Samonte, Quezon, Isabela
57
** FC1
^^ FC2/FC3
2389 3200 CPI C5 Extension** C5 Road Extension Project, Pasay City
2390 2667 Apas Lahug** Etal Property, Camp Lapu-Lapu Rd. Apas, Cebu City
2391 3150 Alabang NB Exit 2 384 East Service Rd., Alabang, Muntinlupa City
2392 2921 Canaynay 2 #185 Angelina Canaynay Avenue, San Dionisio, Sucat, Parañaque City
2393 3052 Taysan Poblacion Brgy. Poblacion 2, Taysan, Batangas
2394 3077 Surigao Plaza** Borromeo St., Brgy. Washington, Surigao City, Surigao Del Norte
2395 2937 Tagum Manga Purok Sampaguita, Visayan Village, Tagum City
2396 3031 Sta. Barbara Plaza** Jacildo Bldg. cor. Rodriguez-Taft St., Sta. Barbara, Iloilo
2397 3058 Leon Iloilo** Poblacion Leon, Iloilo
2398 3141 Guimba 2 Brgy. Saranay, Guimba, Nueva Ecija
2399 3059 Ibayo, Marilao** McArthur Highway, Brgy. Ibayo, Marilao, Bulacan
2400 3120 Petron Surallah** Surallah Poblacion, South Cotabato
2401 3188 Basud Camarines Norte** Pan-Philippine Highway, Brgy. Poblacion 2, Basud, Camarines Norte
2402 3024 Blumentritt Extension 2278 G. Tuazon cor. Panay St., Sampaloc Manila
2403 3033 La Brea Sta. Rosa** Rizal Blvd., Brgy. Tagapo Sta. Rosa City, Laguna
2404 3095 Hop Inn Tomas Morato GF Hop Inn Tomas Morato, 312 Tomas Morato Ave., Diliman, Quezon City
2405 3146 Upper Bicutan 2** A. Bonifacio St. cor. General Valdez St., Uppper Bicutan, Taguig City
2406 1715 Pier 1** No. 21, Legaspi Extension, Cebu City
2407 3030 San Vicente Laguna** Brgy. San Vicente, San Pedro City, Laguna
2408 3182 Cabatuan Highway** National Highway, Poblacion, Cabatuan, Isabela
2409 3082 Hop Inn Alabang** Lot 2 Blk 4 Madrigal Business Park, Brgy. Ayala Alabang, Muntinlupa
2410 2916 San Jose Antipolo** L. Sumulong Circle, cor., M. Santos St., Brgy. San Jose, Antipolo City
2411 3155 Tandag Plaza** Quezon St. cor. Quirino St., Brgy. Bungtod, Tandag City, Surigao Del Sur
2412 2694 Bacood** 3610 Lubiran St., Bacood, Sta. Mesa, Manila
2413 3041 Baliuag District Hospital Carpa Vill. Subd., Brgy. Sabang, Baliuag, Bulacan
2414 3122 Salay H-way National H-way, Salay, Misamis Oriental
2415 3185 Heritage Homes** Main Road, Metrogate 2, Loma de Gato, Marilao, Bulacan
2416 2974 San Jose Patag Sta. Maria-San Jose Road, Brgy. San Jose Patag, Sta. Maria, Bulacan
2417 3144 USM Kabacan Cor. USM Ave., Kabacan, North Cotabato
2418 3020 Pag-asa Taguig** GF, Kamias St., Signal Village, Taguig City
2419 3219 Zamora Pasay 2485 Zamora St., Pasay City
2420 3257 Compostela Terminal** Purok 1, Poblacion Compostela, Compostella Valley
2421 2278 Baltazar St. 10 Baltazar St., 6th Ave., Grace Park East Caloocan City
2422 3075 Baliuag Public Market** Brgy. Tangos, Baliuag, Bulacan
2423 3037 CPI Libertad** RT Building, Bon-bon St. cor. JC Aquino Ave., Brgy. Libertad, Butuan City, Agusan del Norte
2424 3040 Quezon Plaza** Brgy. II, Quezon, Nueva Ecija
2425 3140 Tumauini, Isabela** Poblacion, Tumauini, Isabela
2426 3174 Cabagan, Isabela** Anao, Cabagan, Isabela
Unit 8, ePerformax Center, Sacred Heart Avenue, Pueblo de Panay, Brgy. Lawaan, Roxas City,
2427 3036 Pueblo de Panay
Capiz
2428 2499 Felisa Bacolod Bangga Totong, Brgy. Felisa, Bacolod City, Negros Occidental
2429 3019 Sison, Pangasinan** Brgy. Paldit, Sison, Pangasinan
2430 3123 Palo Church** Unit 12 Metrobank Center, Juan Luna St., Brgy. Poblacion, Palo, Leyte
58
** FC1
^^ FC2/FC3
2431 2776 Alona Panglao** GF Unit 2- Alona Entertainment Bldg., Tawala, Panglao
2432 3068 Batia Bocaue B17, Gliserio Bautista St., Batia, Bocaue, Bulacan
2433 3084 Saog Marilao along T. Mendoza St., Brgy. Saog, Marilao, Bulacan
2434 3153 Julugan 2** Brgy. Julugan 8, Dr. Solis St., Tanza, Cavite
2435 3159 Samal Babak** Babak-Camudmud Rd., Babak, Island Garden City, Samal, Davao del Norte
2436 3210 Punta Engaño** Sitio Malingin, Punta Engano, Lapu-Lapu City, Cebu
2437 2885 Calatrava National Highway, Brgy., Suba, Poblacon Calatrava, Negros Occidental
Uniit 74, GF, Acienda Designer Outlet, Km 48, Aguinaldo Hway cor. Balubad Rd., Brgy. Lalaan I,
2438 3049 Acienda Designer Outlet**
Silang, Cavite
2439 3121 Claver Brgy. Ladgaron, Claver, Surigao del Norte
2440 3161 Suburban Rodriguez** Suburban Phase 1F, Brgy. San Jose, Rodriguez, Rizal
2441 3085 Makiling Calamba Brgy. Makiling, Calamba City, Laguna
2442 3193 Miranda Extension, Angeles** Blk 1 Lot 1, Sadle St. cor. Miranda Extn., Angeles, Pampanga
2443 3156 Diffun, Quirino National Rd., Brgy. Andres Bonifacio, Diffun, Quirino Province, Cagayan Valley
2444 2987 Opol Genabe** Opol, Misamis Oriental
2445 3005 CPI NLEX 2 (NLEX D&D) Unit 26, NLEX Drive and Dine, KM 17, North Luzon Expressway, Brgy. Canumay, Valenzuela City
2446 3047 Santiago 2, Isabela (Calao)** Poblacion, Santiago City, Isabela
2447 3069 Samat Lot 1 Blk 35 Rizal Ave. cor. Samat St., Tondo, Manila
2448 3171 Parkway Suite-Concepcion** Concepcion St., Sampaloc, Manila
2449 3259 Ibarra Ibarra St., Sampaloc, Manila
2450 2649 Bakhaw Lot 3210-I, Brgy. Bakhaw, Mandurriao, Iloilo City
2451 2875 Canlaon City** Brgy. Mabigo, Canlaon City, Negros Oriental
2452 3043 Leganes Poblacion Poblacion Leganes, Iloilo
2453 3207 Surigao Medical Center** Brgy. Washington, Surigao City, Surigao del Norte
2454 3218 Numancia Aklan** Ilejay-Revencio Bldg., Poblacion, Numancia, Aklan
2455 3236 Petron Lugait Poblacion, Lugait, Misamis Oriental
2456 3242 Kapasigan A. Mabini St., Brgy. Kapasigan, Pasig City
2457 2940 Bermuda Antipolo 52 Bayugo-Buliran Rd., Brgy. San Luis, Antipolo City
2458 3114 Heart Building** Unit No. 101, GF Heart Building, 7461 Bagtikan St., San Antonio Village, Makati City
2459 2870 Golden Gate #32 Topland Ave., Golden Gate Subd., Brgy. Talon 3, Las Piñas City
2460 3148 Savannah Jibao-an Pavia** Zone 3 Brgy. Jibao-an, Pavia, Iloilo
2461 2443 Soliven Barrio Santolan, Pasig City
2462 3152 Village East** Village East, Cainta, Rizal
2463 3205 Glan Poblacion Hombrobueno St., Glan Poblacion, Sarangani Province
2464 3080 Bayugan Rotonda Poblacion, Bayugan City, Agusan del Sur
2465 2857 Koronadal City Hall Gensan Drive, Purok Villegas Zone 3, Koronadal City, South Cotabato
2466 3116 Looc Calamba Lot No. 1D Block No. 1 Vermont Place, Brgy. Looc Calamba, Laguna
2467 2873 Rizal Capitol Circumferential Rd., Brgy. San Roque, Antipolo City
2468 2966 Trento Brgy. Poblacion, Trento, Agusan del Sur
2469 3267 Casa Mira** Salvador Extn., Labangon, Cebu
2470 3142 College Avenue** College Ave. cor. Caritan Hway, Tuguegarao City, Cagayan
2471 3211 Valley Hotel** Balzain Road, Centro 11, Don Domingo St., Tuguegarao City
2472 3234 Solona Cagayan** Poblacion, Solana, Cagayan
59
** FC1
^^ FC2/FC3
2473 3310 MCNP** Caggay National Highway, Tuguegarao City, Cagayan
2474 2735 Sct. Torillo** #72 Timog Ave. cor. Sct. Torillo St., Quezon City
2475 3086 Southville Muntinlupa** Insular Prison Road, Southville 3 Poblacion, Muntinlupa City
2476 3124 Kalayaan 2** Kalayaan Road, San Sebastian, Kawit, Cavite
2477 3119 Cauayan City Hall** #105 Rizal Ave., District III, Cauayan City, Isabela
2478 3284 Tabuk City Hall** Quezon St., Brgy. Dagupan Centro, Tabuk City, Kalinga
2479 2106 Parian Cebu Mabini St. cor. Zulueta St., Cebu City
2480 3162 M. Dela Cruz M. Dela Cruz St. cor. Arnaiz Ave., Pasay City
One Network Bank- Malita Branch Building, M.L. Quezon St. between Abbas and Manuya Sts.
2481 3065 Malita Public Market
Poblacion, Malita, Davao Occidental
2482 3127 Angeles Crossing** Lot 1-A Blk 1, MacArthur Highway, Brgy. Ninoy Aquino, Angeles City, Pampanga
2483 3016 P. Noval 2** University Tower, P. Noval, Samplaloc, Manila
2484 3214 Manggahan Rodriguez J.P. Rizal St., Brgy. Manggahan, Rodriguez, Rizal
2485 3239 VMMC GF, Veterans Memorial Medical Center North Avenue, Diliman, Quezon City
2486 3208 Lucena 6** Barcelona St. cor. Quezon Ave., Lucena City, Quezon
2487 3225 Dau Uno** C 107 Highway, San Roque Dau 1st, Lubao, Pampanga
2488 3143 Bayugan Taglatawan PurokTaglatawan, Bayugan City, Agusan del Sur
2489 3184 Calumpang 2 JP Rizal St. cor. MH Del Pilar St., Brgy. Calumpang, Marikina City
2490 3168 Harvard Cubao 115 Harvard St., Cubao, Quezon City
2491 3042 Lemery Iloilo** Lemery Poblacion, Iloilo
2492 2270 RCC Angeles** Plaridel St., Angeles City, Pampanga
2493 3048 Talavera Junction Maharlika Highway, Bakal III, Talavera, Nueva Ecija
2494 3177 Bucal By-pass Road** Brgy. Bucal, Calamba City, Laguna
2495 3268 Malabañas Angeles** Zeppelin St. cor. Richthnofen St., Malabanas, Angeles City, Pampanga
2496 2949 Quintos #1871 EMPG España Arcade Bldg., España Blvd. cor. Quintos St., Sampaloc, Metro Manila
2497 3105 Angono Boundary Manila East Road, Brgy. Isidro, Angono, Rizal
2498 3130 Dalipe** Tradetown (San Jose Terminal), Funda-Dalipe, San Jose de Buenavista, Antique
2499 3301 Golden City Sta. Rosa Golden City Subd., Brgy. Dila, Sta. Rosa City, Laguna
2500 2989 Carmen Bohol** Central Nautical Highway cor. Loay Interior Road, Poblacion Sur, Carmen, Bohol
2501 3321 Echague 2** Echague, Isabela
2502 3021 Piy Margal #1655 Don Quijote St. cor. Piy Margal St., Sampaloc, Manila
2503 3345 Bahbah Prosperidad** Purok 6 Poblacion, Prosperidad, Agusan del Sur
2504 3331 Prince Hotel** South Montillana Blvd., Brgy. Diego Silang, Butuan City
2505 2777 Manga** CPG North Ave., Manga District, Tagbilaran City, Bohol
2506 2824 Dusit D2 BGC Dusit D2 The Fort-Manila/GF-02, Mckinley Parkway, Bonifacio Global City, Taguig City
2507 3107 De Ocampo Trece Brgy. De Ocampo, Tanza-Trece Rd., Trece Martires, Cavite
2508 2953 Dingalan, Aurora** Poblacion, Dingalan, Aurora
2509 3133 Lingayen 3** Poblacion, Lingayen, Pangasinan
2510 3198 Roxas Baybay Brgy. Baybay, Roxas City, Capiz
2511 3357 CPI Sala** Brgy. Sala, National Highway, Cabuyao City, Laguna
2512 2926 Sycamore Victor Buencamino St., ARO Building, Cupang, Muntinlupa City
2513 3245 Milagrosa Carmona** San Jose St., Brgy. Milagrosa, Carmona, Cavite
2514 3078 Atimonan Highway Brgy.Tagbakin, Atimonan, Quezon
60
** FC1
^^ FC2/FC3
2515 3288 Petron Bluebay Petron, Roxas Blvd., Pasay
2516 3368 Petrolero San Jose, Pampanga** National Road, Brgy. San Jose, San Fernando, Pampanga
2517 3126 Shell M'lang** Poblacion, M'lang, North Cotabato
2518 3002 Deca Indangan** Deca Indangan, Cabantian Rd., Indangan, Davao City
2519 3135 Legarda 3** #255 Lardizabal St. cor. Sta. Teresita St., Sampaloc, Manila
2520 3157 Cordon, Isabela** Brgy. Roxas, Cordon, Isabela
2521 3004 Red Hotel Cubao Red Hotel, EDSA, Quezon City
2522 1704 NAIA Garden Residences** GF NAIA Garden Residences 412 NAIA Road, Brgy. Tambo, Parañaque City
2523 3172 Benavidez 411 Benavidez St., Binondo, Manila
2524 3318 Linamon Centro** Poblacion, Linamon, Lanao del Norte
2525 3110 Kennon Road** Camp 7, Baguio City, Benguet
2526 3340 Ortigas-Tramo #6 C. Raymundo Ave., Ortigas Ave. Extn., Rosario, Pasig City
2527 2993 Jones 2 Osmena Blvd., Kamagayan, Cebu City, Cebu
2528 3167 Moises Padilla Quezon St., Brgy. 5, Moises Padilla, Negros Occidental
2529 3338 Tebag Pangasinan Tebag West, Sta. Barbara, Pangasinan
2530 3459 CPI San Ildefonso, Bulacan** Cagayan Valley Road, Unity Foo20 3010, Malipampang, San Ildefonso, Bulacan
Gaisano Grand Mall Mandaue North, Central Nautical Highway, Brgy. Basak, Mandaue City,
2531 2670 Gaisano North**
Cebu
2532 3170 St. Vincent School of Q.C.** 99 West Ave., Brgy. Bungad, Quezon City
2533 3203 Nestle Cabuyao 542 Niugan, Cabuyao City, Laguna
2534 3213 Heneral Uno Heneral Uno, Brgy. Pasong Kawayan 2, Gen. Trias, Cavite
2535 2435 Alaminos-San Pablo Boundary** Alaminos-San Pablo Boundary, San Pablo City, Laguna
2536 2893 Bulan, Sorsogon** De Castro St. Brgy. Zone 4, Bulan, Sorsogon
2537 3186 Holland Park Unit A1-A4 Holland Park Residences, Southwoods City, Binan, Laguna
2538 3292 RFC Mall** Molino Rd., Brgy. Molino II, Bacoor City, Cavite
2539 2897 Avida IT Park** Level 1, Avida Tower 2, Unit 9, Inez Villa St., Cebu IT Park, Cebu City
2540 3187 Pinamalayan Highway** Nautical Highway, Brgy. Marfrancisco, Pinamalayan, Oriental Mindoro
2541 3195 Lucsuhin Calatagan Brgy. Lucsuhin, Calatagan, Batangas
2542 3201 P. Guevarra Sta Cruz Brgy. Poblacion, Sta. Cruz, Laguna
2543 3228 Cebu Lite Port Brgy. Tejero, Cebu City, Cebu
2544 3330 Kalilangan Centro** Poblacion, Kalilangan, Bukidnon
R10 Maldives Building, The Azure Urban Residences, West Service Road, Bicutan, Parañaque
2545 3097 Azure Urban Residences**
City
2546 2978 Bayombong, Nueva Vizcaya** Poblacion, Bayombong, Nueva Vizcaya
2547 2914 Hinoba-An** National Road, Bacuyangan, Hinoba-an, Negros Occidental
2548 3051 Maasim Green Oil Maasim, Maasim Poblacion, Sarangani Province
2549 3089 Tiniwisan Brgy. Tiniwisan, Butuan City, Agusan del Norte
2550 3254 Brokenshire** Brokenshire Hospital, Brokenshire Heights, Madapo Hills, Davao City, Davao del Sur
2551 3260 Poblacion Calatagan** Brgy. Poblacion, Calatagan, Batangas
2552 3305 Malapatan Proper Poblacion Malapatan, Sarangani Province
2553 3341 Jasaan Centro Lower Jasaan, Jasaan, Misamis Oriental
2554 3287 Villamor 3** P19-01 cor. 10th St. & 7th St., Brgy. 183, Villamor Airbase, Pasay City
2555 3319 Ospital ng Tondo Abad Santos Ave., Tondo, Manila
2556 3371 Fatima Antipolo Antipolo Valley Mall, Km23 Sumulong Highway cor. Ambassador F. Neri , Brgy. Sta. Cruz,
61
** FC1
^^ FC2/FC3
Antipolo City
2557 3302 Dumanjug Central Poblacion Dumanjug, Cebu

2558 3325 Bristol Alabang Retail 1, Bristol at Parkway Place, Filinvest City, Alabang, Muntinlupa City
2559 3396 St. Peter Cathedral** Poblacion, Tuguegarao City, Cagayan
2560 3417 CPI San Fernando** Ortiga St., Brgy. III, San Fernando, La Union
2561 3094 Malolos Central School** F. Estrella St., Sto. Rosario, Malolos, Bulacan
2562 3388 Cateel Brgy. Poblacion, Cateel, Davao Oriental
2563 3038 Bantud** Sitio Bantud, Brgy. Manoc-Manoc, Malay, Aklan
2564 3264 Meridian Park 2** EDSA cor. Macapagal Ave., Pasay City
2565 3176 Capitol Drive** Lot 19 Blk 19 Capitol Drive Butuan City, Agusan Del Norte
2566 3099 Malolos Junction** Brgy. Dakila, Malolos, Bulacan
2567 3173 Tala** Tala, Caloocan City
2568 3352 PITX** Level 1, Unit 142 PITX, Kennedy Ave., Brgy. Tambo, Paranaque City
2569 3100 Carrangalan Digdig, Brgy. Joson, Carranglan, Nueva Ecija
2570 3439 Regal Condo 95 R. Layug St. cor. FB Harrison St., Pasay City
2571 2850 Ayala Smallville GF, RU 124B Iloilo Technohub Building Iloilo City
2572 3230 Gaisano Grand Roxas** Arnaldo Blvd., Roxas City Capiz
2573 2842 MC Market Balintawak 1181 EDSA, Balintawak, Quezon City
2574 3373 Hagnayan Port** Hagnayan, San Remigio, Cebu
2575 2249 San Nicholas Dasma** Brgy. San Nicholas II, Dasmariñas City
2576 3001 Makati Cinema Square Makati Cinema Square, Chino Roces Ave., Makati City
2577 3079 Shell Bislig** Cor. Montero St., Poblacion, Bislig, Surigao Del Sur
2578 3083 Bakakeng Road Baguio Bakakeng Rd., Baguio City, Benguet
2579 3232 Jalandoni Pansol** Brgy. Pansol, Calamba, Laguna
2580 3243 Isabela Negros** Poblacion, Isabela, Negros Occidental
2581 2929 Banlat Road** 79 Banlat Road, Brgy. Tandang Sora, Quezon City
2582 2942 Real Quezon MLQ Ave., Brgy. Poblacion 1, Real, Quezon
2583 3022 Mayon 2** Mayon St., Brgy., Sta. Teresita, Sta. Mesa Heights, Quezon City
2584 3293 Amaia Scapes Gen Trias Space No. 1 & 2, Touchgold Complex, Arnold Highway, Brgy. Santiago, Gen. Trias, Cavite
2585 3351 Nova 5 216 General Luis St., Brgy. Novaliches Proper, Novaliches, Quezon City
2586 3354 Teresa Poblacion Lexar Bldg., Brgy. Poblacion, Teresa, Rizal
2587 3378 Hagonoy Crossing 1398 San Agustin, Hagonoy, Bulacan
2588 3013 Gensan NLSA Cor. Leon Llido, NLSA Rd., Brgy. Lagao, Gen. Santos City
2589 3274 Northview Batasan** Lot 1-A & Lot-B Block 8 Batasan-San Mateo Rd., Batasan Hills, Quezon City
2590 3358 Petron Tagudin** Brgy. Libtong, Tagudin, Ilocos Sur
2591 2671 Yapak Boracay** Sitio Hagdan, Yapak Malay, Aklan
2592 2639 Marcos Highway Junction** Marcos Highway Santo Tomas, Baguio City
2593 3093 Carmen Zaragoza, N.E. Sta. Rosa-Tarlac Road, Brgy. Carmen, Zaragoza, Nueva Ecija
2594 3323 TIP Aurora 936 Aurora Blvd., Quezon City
2595 3363 Laguna Doctors** Laguna Doctors Hospital, Brgy. Pagsawitan, Sta. Cruz, Laguna
2596 3379 Visayas Ave. 2** #401 Visayas Ave., Tandang Sora, Quezon City
2597 3414 Gapan San Lorenzo** Tinio St., Brgy. San Lorenzo, Gapan City, Nueva Ecija
62
** FC1
^^ FC2/FC3
2598 3400 La Fuente** Brgy. Lourdes, Sta. Rosa, Nueva Ecija
2599 3280 Diego Cera 453 Quirino Ave., Pulang Lupa Uno, Las Pinas City
2600 3515 LTI Square** Laguna Technopark Inc., Gate 3, Binan City, Laguna
2601 3191 CPI Mariveles Brgy. Batangas II, Mariveles, Bataan
2602 3212 Maranding Lala** Barrio Maranding, Lala, Lanao del Norte
2603 3309 Roxas Highway, Isabela** Brgy. Bantug, Roxas City, Isabela
2604 3039 Shell Mangagoy** A. Soriano Ave. cor. John Bosco Mangagoy, Bislig City, Surigao Del Sur
2605 3070 CPI Cabadbaran** Brgy. 8 Poblacion cor. Asis St., Cabadbaran City, Agusan del Norte
2606 3479 Vista De Lago 44 Bagong Calzada St., Brgy. Ususan, Taguig City
2607 3241 Isulan Roundball Isulan Roundball, National Highway, Isulan, Sultan Kudarat
2608 3455 CGH Times Square Food Court Chinese General Hospital #286 Blumentritt St., Sta. Cruz, Manila
2609 682 Lucao District^^ National Rd. cor. Jose De Venecia Rd., Dagupan City, Pangasinan
2610 3270 Bauan AG&P National Highway, Brgy. Manghinao, Bauan, Batangas
2611 3389 Kiwalan Centro** Butuan-Cagayan-Iligan Road, Kiwalan, Iligan City, Lanao del Norte
2612 3424 SJIT Montilla** Montilla Blvd. cor. Rosales St., Butuan City, Agusan Del Norte
2613 3431 Perez Boulevard Dagupan** Perez Boulevard, Dagupan City, Pangasinan
2614 3487 San Carlos 3 PNR Site, San Carlos City, Pangasinan
2615 3265 Pembo** Blk 210 Lot 4 & 5 Sampaguita St., Pembo, Makati City
2616 3471 Maligaya Square Sampaguita St. cor. Ilang Ilang St., Maligaya Park Subd., Pasong Putik, Quezon City
2617 3566 Fiesta Mall** Brgy. Maraway, Lipa City, Batangas
2618 3355 Toboso Negros Poblacion, Toboso Negros Occidental
2619 3382 Valley Golf Cainta Lot 1 Blk 1, Don Celso S. Tuazon Ave., Cainta, Rizal
2620 2808 Don Fabian Blk 1 Lot 19, Lot 14, Lot 18 and Lot 15, DFV, HOA, Brgy. Commonwealth, Quezon City
2621 3285 Ma-ao Bago City Brgy. Maao, Bago City, Negros Occidental
2622 3194 Bucana Nasugbu Martinez St., Bucana, Nasugbu, Batangas
2623 3393 Makato** Poblacion, Makato, Aklan
2624 3298 BF Bayanihan 293 Aguirre Ave. cor. Gov. Santos, BF Homes, Paranaque City
2625 3029 Patnongon** Poblacion, Patnongon, Antique
2626 3221 The Rise Unit 2 The Rise Makati, Malugay St., Makati City
2627 3365 Ormoc Downtown** LC Square Burgos St. cor. Rizal St., Poblacion, Ormoc City, Leyte
2628 3339 Tamsui Tamsui Ave., Brgy. Bayan Luma 2, Imus, Cavite
2629 3296 T'Boli Poblacion T'Boli, South Cotabato
2630 3297 Alabang SB Exit 9006 R.P. Landrito Bldg., West Service Road, Alabang, Muntinlupa City
2631 3442 Sky 1 Tower** Sky 1 Tower, No. 68 Dasmarinas St., Binondo, Manila
2632 3189 CPI Surigao** Capitol Rd. cor Sering St., Brgy. Washington, Surigao City, Surigao del Norte
2633 3106 CPI Diokno Caltex Area-Diokno Blvd., Aseana City, Parañaque
2634 3111 CTS Mactan** Basak-Marigondon Rd., Basak, Lapu-Lapu City, Mactan Cebu
2635 2977 Mohon** Osmeña St. cor. Pakiad Road, Brgy. Mohon, Arevalo, Iloilo City
2636 3226 Victoria Sports Tower 2 Unit UG2 GF, Victoria Sports Tower, 799 EDSA South Triangle, Quezon City
2637 3433 Rizal Makati** Blk 55 Lot 35 Floraville St., Brgy. Rizal, Makati City
2638 3475 Mainit** Mongaya Bldg., Brgy. Magpayang, Mainit, Surigao del Norte
2639 3581 Xentro Mall Ilagan, Isabela** Centro Poblacion, Ilagan City, Isabela
63
** FC1
^^ FC2/FC3
2640 3416 Palayan City Hall** Brgy. Atate, Palayan City, Nueva Ecija
2641 3266 Calumpang Binangonan 341 National Road, Calumpang, Binangonan
2642 3247 Jade Residences** #321 Brgy. Malagasang 1, Imus, Cavite
2643 3342 Calamba RD Poblacion 2, Calamba City, Laguna
2644 3423 Midsayap SCC** Quezon Ave. Road, Poblacion, Midsayap, North Cotabato
2645 3420 Samat Mandaluyong** #4 Samat St. cor King's Road, Brgy. Highway Hills, Mandaluyong City
2646 3281 Prosperity Heights Prosperity Heights Condominium, Tandang Sora Ave., Quezon City
2647 3314 Tuguegarao Cityhall** Caggay,Tuguegarao City, Cagayan
2648 3316 Phoenix Diversion Tuguegarao Brgy. Caritan, Tuguegarao City, Cagayan Valley
2649 3096 Finance Center 26th cor. 9th Ave., Bonifacio Global City, Taguig City
2650 3222 Oxford Aurora Blvd., Brgy. E. Rodriguez, Cubao, Quezon City
2651 3460 SSS Village 2 Lot 2-B Block 11, RPJ Building, Sapphire St. cor. Lilac St., Concepcion Dos, Marikina City
2652 3503 Herencia Telebastagan** Mawing Plaza, Brgy. Telabastagan, San Fernando, Pampanga
2653 3528 Town and Country Cainta** Unit 2, Town and Country Arcade, Marcos Highway, Cainta, Rizal
2654 3088 Tacloban Real** Real St., Tacloban City, Leyte
2655 2927 One Euphoria** Balibago, Angeles City, Pampanga
2656 3428 T. Santiago Valenzuela T. Santiago St., Valenzuela City
2657 3190 Casa Esperanza Lacson St., Sampaloc, Manila
2658 3412 Alex Blum 792 Blumentritt Rd., Sampaloc, Manila
2659 3227 Jamindan** Brgy. Poblacion, Jamindan, Capiz
2660 3138 Velasquez Taytay** Velasquez St., Brgy. San Juan, Taytay, Rizal
2661 3196 Calzada Balayan Brgy. Calzada, Balayan, Batangas
2662 3255 Pangantucan Centro National Highway, Poblacion Pangantucan, Bukidnon
2663 3332 Biclatan Gen. Trias Brgy. Biclatan, Gen. Trias, Cavite
2664 3413 Shell Talakag** Cagayan de Oro-Dominorog-Camp Kibanitan Road, Brgy. 4, Talakag, Bukidnon
2665 3464 Qualimed Hospital Nuvali Retail 4 and 5, GF, QualiMed Hospital. Nuvali, Sta. Rosa City, Laguna
2666 3507 Bali Garden Ground Floor, Bali Garden Residence, Zuzuarregui St., Matandang Balara, Quezon City
2667 3409 ASU Kalibo** G/F Garcia Commercial Bldg., Roxas Ave. Extn., Kalibo, Aklan
2668 3269 Bauan Port** National Road, Brgy. Bolo, Bauan, Batangas
2669 3353 Norala Poblacion** Poblacion, Norala. South Cotabato
2670 3333 San Luis Antipolo Marcos Highway cor. Boncan Road, Brgy. San Luis, Antipolo City
2671 3604 Sta. Lucia Resettlement** Sta. Lucia Resettlement, Magalang, Pampanga
2672 3166 Loboc-Bohol** Loay Interior Road, Poblacion, Loboc, Bohol
2673 3271 Alaminos Municipal** Brgy. Poblacion III, Alaminos, Laguna
2674 3273 Lifehomes 2** #22 Pres. Quezon, Lifehomes Subd., Rosario, Pasig City
2675 3010 Calapan Market Juan Luna St., San Vicente, Calapan City, Oriental Mindoro
2676 3289 Paseo Verde No. 301 Real St., Quirino Ave. cor C5 Ext., Pulang Lupa Uno, Las Pinas City
2677 3248 Quisao Pililia** J.P. Rizal St., Brgy. Quisao, Pililla, Rizal
2678 3500 Bayanan Market 247 National Rd., M. Dolleton Bldg., Brgy. Bayanan, Muntinlupa City
2679 3369 San Jose City Hall** Brgy. Fe Marcos, San Jose, Nueva Ecija
2680 3440 Viverde Lofts Pasay Dominga-Sandejas St., Pasay City
2681 3611 Arcaplaza** Arcaplaza #73 Maysan Road, Valenzuela City
64
** FC1
^^ FC2/FC3
2682 3209 TPI Ayala Unit 2A-Bank of Makati Bldg., Ayala Avenida, Makati City
2683 3217 San Leonardo Diversion** Diversion, San Leonardo, Nueva Ecija
2684 3329 Balaoan, La Union** Balaoan Poblacion, La Union
2685 3376 Janiuay Hospital Brgy. Jibolo, Janiuay, Iloilo
2686 3434 Pennsylvania, La Union** Pennsylvania Catbangen, San Fernando, La Union
2687 3470 Oroquieta Highway** Lower Langcangan, Oroquieta City, Misamis Occidental
2688 3300 Tayabas Intersection** Calumpang, Tayabas City, Quezon
2689 3151 M. Dela Fuente 2 Esperanza Place, 903 M. Dela Fuenta St. cor. España Blve., Sampaloc, Manila
2690 3299 Countryside Lot 5 Blk 1 Countryside Ave., Countryside Village, Sta. Lucia, Pasig City
2691 3334 Pooc Sta. Rosa** Brgy. Dila, Golden City Subd., Sta. Rosa City, Laguna
2692 3399 Pacific Star 2 G/F Pacific Star Bldg., Gil Puyat Ave. cor. Makati Ave., Makati City
2693 3465 Skyline** 406 Robes, Brgy. Maharlika, San Jose Del Monte, Bulacan
2694 3514 Floridablanca Resettlement** Apalit Resettlement, Floridablanca, Pampanga
CPI Corporate Center Cebu, Archbishop Reyes Ave. cor. Luzon Ave., Cebu Business Park, Cebu
2695 3215 BPI Corporate Center Cebu
City
2696 3350 Sahud Ulan Tanza** Brgy. Sahud Ulan, Tanza, Cavite
2697 3422 Kapatagan Centro** Poblacion, Kapatagan, Lanao del Norte
2698 3327 Looc Cardona Manila East Road, Brgy. Looc, Cardona, Rizal
2699 3392 CPI San Jose Tacloban Brgy. 88, San Jose, Tacloban City, Leyte
2700 3550 Paco Arena Paco Arena, Apacible cor. Leroy St., Paco, Manila
2701 3553 8 Waves Resort National Highway, San Rafael, Bulacan
2702 3614 Kalayaan Laguna** Brgy. Longos, Kalayaan, Laguna
2703 3552 Eugenio San Jose** Eugenio St., Rueda, San Jose, Nueva Ecija
2704 3467 Fort Magsaysay Purok 1, Brgy. Barrio Militar, Fort Magsaysay, Palayan City, Nueva Ecija
2705 3335 Nasipit Centro** Brgy. 4, Nasipit, Agusan del Norte
2706 3608 CPI Cantilan** Pag-antay, Cantilan, Surigao del Sur
2707 3322 LISP 1 Gate 4** Brgy. Diezmo, Cabuyao, Laguna
2708 3249 Impalambong San Isidro** Impalambong, Malaybalay City, Bukidnon
3436 Panipuan, San Fernando,
2709 EGI Gasoline, Panipuan, San Fernando, Pampanga
Pampanga**
2710 3277 Woodlane Imus** Brgy. Malagasang 1, Malagasang Road, Imus, Cavite
2711 3362 C. Colago San Pablo C. Colago, San Pablo City, Laguna
2712 3374 Mhars Gen Hospital** Maningcol, Ozamiz City, Misamis Occidental
2713 3278 Montefaro Homes NIA Rd., Brgy. Carsadang Bago, Imus, Cavite
2714 3441 Maysilo Malabon 205 M.H. Del Pilar St., Brgy. Maysilo, Malabon City
2715 3451 U.N. Ave 2 1239 U.N. Ave. cor. Tangue St., Manila
2716 3529 Tejeros Makati** GF Tejeros Market, Pasong Triad cor. Aranda St., Brgy. Tejeros, Makati City
2717 3540 Sta. Rita 2** G.S. Bldg., Cagayan Valley Rd., Sta. Rita, Guiguinto, Bulacan
2718 3495 Concentrix Nuvali 2/F Pantry Area, Bldg. 1, Technopod, Nuvali, Sta. Rosa-Tagaytay Rd., Sta. Rosa, Laguna
2719 3494 New Corella Rizal St., Brgy. Poblacion, New Corella, Davao del Norte
2720 3109 Barasoain Church** Brgy. Liyang, Malolos, Bulacan
2721 3387 Malolos Old City Hall** Sto. Nino Poblacion, Malolos, Bulacan
2722 3102 Bais** National Highway (Quezon St.) cor. Aglipay St, Brgy. 1, Bais City, Negros Oriental
2723 3306 Kalayaan Park Taytay** Rizal Ave., Brgy. Sta. Ana, Taytay, Rizal
65
** FC1
^^ FC2/FC3
2724 3453 Tacurong New Isabela** Purok Yellow Bell, Brgy. New Isabela, Tacurong City, Sultan Kudarat
2725 3312 Solano 2, Nueva Vizcaya** Maharlika Highway, Solano, Nueva Vizcaya
2726 3098 P. Gomez 954 J.P. Rizal cor. P. Gomez St., Brgy. Poblacion, Makati City
2727 3229 Mantalongon Brgy. Mantalongon, Barili, Cebu
2728 3315 Carrascal** Carrascal Poblacion, Surigao del Sur
2729 3523 Cabatuan 2 Iloilo** Corners Bermejo-Serrano Streets, Brgy. Zone 3 and Zone 10, Poblacion, Cabatuan Iloilo
2730 3253 Golden City Taytay Blk 1 Lot 2 Golden City Subd., Brgy. Dolores, Taytay, Rizal
2731 3279 San Manuel Isabela Disrict 3, San Manuel, Isabela
2732 3336 Alubijid Highway** Brgy. Poblacion, Alubijid, Misamis Oriental
Space Nos. C-105 & C-106, GF, Amaia Steps Capitol Central, San Juan Street., Brgy 8 Bacolod
2733 3372 Amaia Steps Bacolod
City Negros Occidental
2734 3419 Guiguinto Crossing Taliptip, Bulakan, Bulakan
2735 3445 Park Avenue Pasay Park Ave. cor. Ignacio St., Pasay City
2736 3517 Albuera Leyte National Highway, Poblacion, Albuera ,Leyte
2737 3626 Petro Gazz Silang Petro Gazz Station, Purok 5, Brgy. Pasong Langka, Silang, Cavite
2738 2851 UNP Vigan** Quirino Boulevard, Brgy. Tamag, Vigan City, Ilocos Sur
2739 3595 Norzagaray Rotonda** Brgy. Ahungin, Norzagaray, Bulacan
2740 3408 Central Bloc Central Bloc, Inez Villa St., IT Park, Lahug, Cebu City
2741 3532 Verde Oro Commonwealth** Verde Oro Bldg., 535 Commonwealth Ave., Quezon City
2742 3461 Happy Go Shopping Mall Bignay, Valenzuela City
2743 3492 Lipata** Lipata Port, Montenegro Shipping Line, Surigao City
2744 3447 Bolbok Diversion** Bolbok Intersection, Brgy. Bolbok, Batangas City
2745 2740 Avida Prime Taft (Pasay)** Retail 7, GF Avida Prime Taft, Taft Ave., Pasay City
2746 3499 Cabrera RD** Cabrera Rd., Brgy. Dolores, Taytay, Rizal
2747 3513 Sterling Industrial** Brgy. Iba, Guevarra St., Meycauyan, Bulacan
2748 3563 Guada Viejo** 1075 J.P. Rizal, Guadalupe Viejo, Makati City
2749 3240 Cyberpark Tower 2** Retail 5, Cyberpark, Tower 2, Cubao, Quezon City
2750 3468 Ballesteros Cagayan** Rizal St., Ballesteros, Cagayan
2751 3634 Tagbina Poblacion P-3 Sto. Nino, Poblacion, Tagbina, Surigao del Sur
2752 3703 Bongabong** Strong Republic Nautical Highway, Brgy. Poblacion, Bongabong, Oriental Mindoro
2753 3129 Barbaza - Antique** National Road-Ybera St., Brgy. Poblacion, Barbaza, Antique
2754 3009 Puerto Galera Town Poblacion, Puerto Galera, Oriental Mindoro
2755 2995 SSS Tanay** Manila East Rd. cor. E. Rodriguez Ave., Tanay, Rizal
2756 3237 Petron Banga** Poblacion Banga, South Cotabato
2757 3478 CPI San Juan Batangas Brgy. Mabalanoy, San Juan, Batangas
2758 3504 Abanao** 21 Abanao St., Shagem St., Baguio City
2759 3493 Hinatuan** Brgy. Aquino, Hinatuan, Surigao Del Sur
2760 3520 Bacong Negros** North Poblacion, Bacong, Negros Oriental
2761 3777 Clark Stotsenberg** Stotsenberg, Medical Center Building, Ninoy Aquino Ave. Clark Freeport Zone, Pampanga
2762 3134 Anda** Poblacion, Anda, Pangasinan
2763 3562 Neptune Makati Neptune St., Bel-Air, Makati City
2764 3574 Pinagpanaan Talavera** Brgy. Pinagpanaan, Talavera, Nueva Ecija
2765 3591 P. Herrera Pateros 882 P. Herrera St., Brgy. Aguho, Pateros, Manila
66
** FC1
^^ FC2/FC3
2766 3596 Camella Sta. Maria Diko Square, Pulong Buhangin, Sta. Maria, Bulacan
2767 3610 Topacio Imus** Gen. E. Topacio St., Brgy. Poblacion, Imus, Cavite
2768 3367 Balagtas 2 Borol 1st, Balagtas, Bulacan
2769 3380 Bacoor Coliseum Springville Ave., Brgy. Molino 3, Bacoor City, Cavite
2770 3438 15th Ave. Cubao** E. Rodriguez, Cubao, Quezon City
2771 3575 Aparri Junction** Maharlika Highway, Macanaya Rd., Aparri, Cagayan
2772 3592 Benedicto College** G/F Benedicto College Bldg., Benedicto St., Cebu City
2773 3690 EDSA Loyola Chapels** EDSA cor. Bernardino St., Guadalupe Veijo, Makati City
2774 3343 Paombong Poblacion, Paombong, Bulacan
2775 3403 CPI MCX** Caltex Gasoline Station, MCX Poblacion, Muntinlupa City
2776 3621 San Juan Balagtas** Florante Bldg., McArthur Highway, San Juan, Balagtas, Bulacan
2777 3454 Tejeron 2** JLW Bldg., Tejeron St. cor. Sampaguita St, Sta. Ana, Manila
2778 3485 Sebaste Antique** De Los Reyes Street, Brgy. Poblacion, Municipality of Sebaste, Province of Antique City
2779 3497 Sibonga Poblacion Sibonga-Dumanjug Rd. cor. Bacalso National Highway, Poblacion, Sibonga, Cebu
2780 3541 Maricavan Pasay** 6 Maricavan, Pasay City
2781 3549 Kasiglahan Rodriguez** Kasiglahan Village, San Jose, Rodriguez, Rizal
2782 3158 La Torre N.E** Brgy. La Torre, Talavera, Nueva Ecija
2783 3569 Golden City Imus Blk 67 Lot 39 & 40, Anabu II-F, Imus, Cavite
2784 3609 Tangub Centro** Poblacion, Tangub City, Misamis Occidental
2785 3326 San Juan Cainta** Sagebrush St., Greenland Executive Village, San Juan, Cainta, Rizal
2786 3356 Mimosa** Montevista Village, Acacia Drvie, Mimosa Leisure Estate, CFZ, Angeles, Pampanga
2787 3449 Unioil Almanza** Manila Access Rd. cor. Alabang-Zapote Rd. Almanza Uno, Las Pinas City
2788 3642 Medina Centro** Poblacion Medina, Misamis Oriental
2789 3231 Paseo de Aklan** Paseo de Aklan, Mabini St., Kalibo, Aklan
2790 3405 San Dionisio Poblacion Poblacion, San Dionisio, Iloilo
2791 3632 Naujan** National Highway, Naujan, Oriental Mindoro
2792 3283 Echague 1** National Highway cor. Santiago-San Agutin Rd., Ipil Junction, Echague, Isabela
2793 3613 Sta. Ana Highway** Jose Abad Santos, Sta. Ana, Pampanga
2794 3639 Gloria Poblacion** Strong Nautical Highway, Brgy. Maligaya, Gloria, Oriental Mindoro
2795 3347 Cypress Cainta** 2 London St., Cypress Village, Imelda Ave., Cainta, Rizal
2796 3370 Carraga Surigao-Davao Coastal Rd., Brgy. Central, Caraga, Davao Oriental
2797 3469 Tampakan Poblacion Pine St., Tampakan Poblacion, South Cotabato
2798 3666 Madrid Surigao** Madrid Poblacion, Surigao del Sur
2799 2932 Lopez Jaena Lopez Jaena St., La Paz, Iloilo City
2800 3092 SJDM Heights Zone 1 Muzon, San Jose del Monte, Bulacan
2801 3204 Calamba Medical Center Crossing, Calamba City, Laguna
2802 3496 San Enrique Negros Brgy. Poblacion, San Enrique, Negros Occidental
2803 3580 Boni San Joaquin** 485 Boni Ave., Brgy. Plainview, Mandaluyong City
2804 3588 P. Campa 3** GF of KB Lepanto Building II, SH Loyola, Sampaloc, Metro Manila
2805 3458 Columbia 2 Unit 12 Columbia Tower, Ortigas Ave., Mandaluyong City
2806 3573 Penabatan, Pulilan Brgy. Penabatan, Pulilan, Bulacan
2807 3473 Kauswagan KHS R.N. Pelaez Blvd., Kauswagan, Cagayan de Oro City
67
** FC1
^^ FC2/FC3
2808 3216 Solinea GF, Tower 1 Solinea, Cardinal Rosales Ave. cor. Luzon Ave., Cebu Business Park, Cebu City
2809 3717 Piddig Ilocos Norte** Presidential St., Piddig, Ilocos Norte
2810 3577 Vista Verde Caybiga Unit 3 & 4, Brgy. Kaybiga, Caloocan City
2811 3346 GMA Granados JP Rizal St., Granados GMA, Cavite
2812 3582 Bohol Sagbayan Poblacion, Sabayan, Bohol
2813 3693 Belmont One** Belmont One Bldg., M.C. Briones Highway, Maguikay, Mandaue City, Cebu
2814 3525 Dueñas Poblacion, Duenas, Iloilo
2815 3543 Sto. Nino Maligaya Sto. Nino St., Maligaya Park, Brgy. 177, Caloocan City
2816 3583 Burgos 2** A. Mabini St., Brgy. Burgos, Rodriguez, Rizal
2817 3586 Ubay Bohol** Poblacion, Ubay, Bohol
2818 3660 Sobrecarey** Lapu-Lapu St., Sobrecarey, Davao City
2819 3223 Ejercito Ave. Taytay** Blk 26 Lot 2 San Juan Homes, Brgy. San Lorenzo, Taytay, Rizal
2820 3457 Buhi Camarines Sur Brgy. San Roque, Buhi, Camarines Sur
2821 3206 Barobo Poblacion** Barobo Poblacion, Surigao del Sur
2822 3430 Manticao Centro** Purok 4, Poblacion, Manticao, Misamis Oriental
2823 3435 San Isidro Tarlac** National Road, Paroba, Tibag, Tarlac
2824 3724 Protacio Tolentino 2277 Tolentino St., Pasay City
2825 3395 Gaisano Grand Sara** Brgy. Poblacion, Sara, Iloilo
2826 2817 Avida Altura** Retail 7, GF Avida Towers Altura, Southpark District, Alabang, Muntinlupa City
2827 3551 San Jose General Hospital** Maharlika Rd., Brgy. Malasin, San Jose CIty, Nueva Ecija
2828 2877 Zamboanguita** National Highway, Poblacion Zamboanguita, Negros Oriental
2829 3163 Bucal Maragondon Brgy. Bucal 2, Maragondon, Cavite
2830 3480 Roosevelt 3 Lot 16-B/ Blk W-40-B Roosevelt Ave. cor. General Lim St., Sta. Cruz, Quezon City
2831 3546 Dona Faustina Magsaysay cor. Pablo Dela Cruz, San Bartolome, Quezon City
2832 3749 JGY Hotel** M.H. Del Pilar St. & CPG Ave., Poblacion II, Tabilaran City, Bohol
2833 3746 Balubaran, Valenzuela San Miguel St., Brgy. Malinta, Valenzuela City
2834 3875 MCIA 2** Unit O, Airport Village of Mactan Cebu International, Lapu-Lapu City Cebu
2835 3556 Greenfield Rosario** Brgy. Bagbag I, Rosario, Cavite
2836 3731 Langaray** Langaray cor. Dagat Dagatan, Brgy. 12, Caloocan City
2837 3620 Crystal Wave Talavera** Crystal Waves, Brgy. Dinarayat, Talavera, Nueva Ecija
2838 3233 Daraga Highway Pan Philippine Highway, Brgy. Banag, Daraga, Albay
2839 3308 Sarrat, Ilocos Norte** 121 Rizal St., Brgy. 5, Sarrat, Ilocos Norte
2840 3421 Anuva Residences** Anuva Residences, East Service Road, Cupang, Muntinlupa City
2841 3567 Rockaville Plaridel Brgy. Tabang, Plaridel, Bulacan
2842 3612 San Jose Baliuag San Jose St., Brgy. San Jose, Baliuag City, Bulacan
2843 3654 Cabadbaran Terminal** Brgy. Mabini, Cabadbaran City, Agusan del Norte
2844 3401 Pililla Highway Manila East Road cor. Bonifacio Rafanan Blvd., Pilillia, Rizal
2845 3555 Kananga Leyte** Poblacion, Kananga, Leyte
2846 3861 UP Diliman** GF, Epsilon Chi Fitness Center, Balagtas St., University of the Philippines, Diliman, Quezon City
2847 3462 Sta. Isabel Kawit Brgy. Putol, Sta. Isabel, Kawit, Cavite
2848 3474 Mawab Highway Poblacion, Mawab, Compostela Valley
2849 3484 Lauan Antique National Road, Brgy. Poblacion, Lauan, Antique
68
** FC1
^^ FC2/FC3
2850 3511 P. Herrera Batangas** Noble St. cor. P. Herrera, Batangas City
2851 3606 San Vicente Angono A. Ibanez St., Brgy. San Vicente, Angono, Rizal
2852 3748 Concentrix Plaza A GF Plaza A Bldg., Alabang, Muntinlupa City
2853 3491 Revilla 2 EDSA cor. Don Revilla St., Pasay City
2854 3676 Facilities Center** GF, Unit T, Facilities Centre Building, 548 Shaw Blvd., Mandaluyong City
2855 3677 llagan Highway** Triton Mall Alibago, Ilagan City, Isabela
2856 3286 Cauayan Negros Poblacion, Cauayan, Negros Occidental
2857 3375 Tago Crossing Tago Crossing, Tandag, Surigao del Sur
2858 3407 Sta. Catalina Brgy. Poblacion, Santa Catalina, Negros Oriental
2859 3686 Daet Capitol** Poblacion, Daet, Camarines Norte
2860 3518 Maayon Capiz** Brgy. Tabuc, Maayon, Capiz
2861 3108 CPI Talaga Brgy. Talaga, Tanauan, Batangas
2862 3638 Amparro Blk 6 Lot 27 Makabud St., Amparo Subd., Caloocan City
2863 3710 Cordillera Hospital** Wangal- Motorpool Rd., Puguis, Western Buyagan, La Trinidad, Benguet
2864 2928 Avida Intima Retail 2, GF, Avida Towers Intima, Brgy. 78, Pres. Quirino Ave. Ext. cor. Zulueta St., Paco, Manila
2865 3630 The Sentinel Residences** 528 Epifanio Delos Santos Ave., Cubao, Quezon City
2866 3684 Lias Marilao** Brgy. Ibayo, Marilao, Bulacan
2867 3672 Llano 3 Llano Dulo, Brgy. 167, Caloocan City
2868 3463 GSIS Batangas Nueva Villa Subd., Alangilan, Batangas City
Purok 6, Area C, Balasing San Jose Road, San Martin III, Sapang Palay, San Jose Del Monte,
2869 3700 Megamart SJDM
Bulacan
2870 3477 Petron Ozamiz** Don Anselmo Bernad Ave., Ozamiz City, Misamis Occidental
2871 3294 Niog Bacoor** Brgy. Niog, Bacoor, Cavite
2872 3313 Tanauan North** J. Gonzales St. cor. JP Laurel Hway, Poblacion 4, Tanauan City, Batangas
2873 3023 La Castellana Poblacion** Lot 537, La Castellana, Negros Occidental
2874 3663 Ugong 2 La Mesa Street Ugong, Valenzuela City
2875 3699 Bansud Mindoro** Strong Republic Highway, Brgy. Poblacion, Bansud, Oriental Mindoro
2876 3394 Marihatag** Poblacion Marihatag, Surigao Del Sur
2877 2904 The Sky Suites The Sky Suites Tower, EDSA cor., Quezon Ave., West Triangle, Quezon City
2878 3366 Bacayan** Int. Provl. Road, Bacayan, Cebu City
2879 3101 Dolores Poblacion** Brgy. Silangan, Dolores, Quezon
2880 3779 Total Capipisa Tanza Brgy. Capispisa, Antero Soriano Highway, Tanza, Cavite
2881 3415 Allacapan Cagayan** Centro East, Allacapan, Cagayan
2882 3258 Sun Valley #2 JHB Bldg., Benedictine cor. Augustinian St., Sta. Ana Village, Brgy. Sun Valley, Paranaque City
2883 3386 Diaz Muntinlupa National Rd. cor. Pedro Diaz St., Putalan, Muntinlupa City
2884 3651 Fairlane Commonwealth** 79 Fairlane St., Quezon City
2885 3659 CSU Cabadbaran** Caraga State University-Cabadbaran Campus, Cabadbaran City, Agusan Del Norte
2886 3502 Tacruong NDTC** Isulan-Tacurong Rd. cor. New Isabela Rd., Tacurong City, Sultan Kudarat
2887 3720 Sumulong Higway 3** Sumulong Highway, Brgy. Dela Paz, Antipolo City
2888 3317 Batangas Colisuem** A. Delas Alas Drive, Brgy. Sta. Clara, Batangas City
2889 3711 Pulong Gubat Pulong Gubat, Balagtas, Bulacan
2890 3028 Sta. Lucia Nova J.P. Rizal cor. Bukaneg St., Brgy. Sta. Lucia, Novaliches, Quezon City
2891 3627 Rosario Agusan Purok 4, Poblacion, Rosario, Agusan del Sur
69
** FC1
^^ FC2/FC3
2892 3743 Bayambang Junction** Zone IV, Bayambang, Pangasinan
2893 3780 Anilao Mabini** Brgy. Anilao Proper, Mabini, Batangas
2894 3704 Bacolod Cenro** Poblacion, Bacolod, Lanao Del Norte
2895 3466 Claveria Cagayan** Pan-Philippine Highway, Claveria, Cagayan
2896 3547 Salinas 1-A Bacoor** 172 Salinas 1, Bacoor City, Cavite
2897 3589 Mega One Building GF Mega Building Mayon street corner Espana Blvd Quezon City
2898 3600 Bambang Highway** Brgy. San Antonio North, Bambang, Nueva Vizcaya
2899 3827 P. Tuazon Cubao** STG 1 Bldg., 190 P. Tuazon Blvd., Cubao, Quezon City
2900 3585 Isabel Leyte** Sto. Nino Poblacion, Isabel, Leyte
2901 3740 Bayombong Veterans** Maharlika Road, Brgy., Magsaysay, Bayombong, Nueva Viszaya
2902 2739 Avida Asten** Unit 9, Ground Floor, Avida Towers Asten, Malugay St., Makati City
2903 3512 San Mateo Isabela** National Highway, San Mateo Isabela
2904 3599 Lambakin Marilao Lambakin, Marilao, Bulacan
2905 3506 Rivergreen Residences Pedro Gil St., Sta. Ana, Manila
2906 3650 Roxaco Nasugbu 101 J.P. Laurel Street, Brgy. Poblacion 2, Nasugbu, Batangas
2907 3624 DECA 3** Pandac, Pavia, Iloilo
2908 3715 Burgos Avenue Avenue** Burgos Avenue, Cabanatuan City
2909 3303 Boljoon Poblacion Boljoon, Cebu
2910 3361 Metro Lemery N. Alcazar Drive cor. Palanas, Lemery, Batangas
2911 3554 Dancalan-Ilog Brgy. Dancalan, Ilog, Negros Occidental
2912 3539 St. Agatha** Sta. Clara Estates, Cagayan Valley Rd., Sta. Rita, Guiguinto, Bulacan
2913 3646 Aguinaldo Shrine Brgy. Marulas, Kawit, Cavite
2914 3698 Binugao Binugao, Toril, Davao City
2915 3605 Ace Hospital Old Lopez Jaena Dt. Brgy. Ungka 1, Jaro Iloilo
2916 3644 Gawaran Bacoor Unit 101 and 102, Blk 13 Lot 6, Gawaran Ave., Molino 3, Bacoor City, Cavite
2917 3750 Sto. Domingo Public Market Poblacion , Sto. Domingo, Nueva Ecija
2918 3815 Canossa San Pablo A. Mabini St., Brgy. Poblacion, San Pablo City, Laguna
2919 3578 PTX Zentrum** 2326 Pasong Tamo Extenxion, Makati City
2920 3570 Anabu Hills** Brgy. Anabu I-C, Anabu, Imus, Cavite
2921 3685 Tanguile Marikina N.E. Tanguile St., Brgy. Fortune, Marikina City
2922 3694 M. Alvarez Bacoor** Blk 28 Lot 29 Green Valley, Molino II, Bacoor, Cavite
2923 3616 FAB Mariveles** Mindanao Ave., Phase III, Freeport Area of Bataan, Mariveles, Bataan
2924 3718 Makinabang Baliuag Calle Rizal St., Brgy. Makinabang, Baliuag, Bulacan
2925 3643 Maguyam Silang Brgy. Maguyam, Silang, Cavite
2926 3348 CTP Aseana CTP Asean Tower, 2409 Asean Drive, Spectrum Distrcit, Filinvest City, Alabang, Muntinlupa City
2927 3472 Nexus Center 1010 Metropolitan Ave., Makati City
2928 3571 CVSU Bacoor Blk 2 Lot 1 Adelfa St. cor. Sampaguita, Phase 2, Soldiers Hills IV, Molino 6, Bacoor, Cavite
2929 3669 San Rafael Rodriguez** M.H. Del Pilar Street, San Rafael, Rodriguez, Rizal
2930 3742 Arellano Dagupan** Brgy. Pantal District, Dagupan City, Pangasinan
2931 3647 Mary Homes Bacoor 491 Molino Rd., Molino IV, Bacoor, Cavite
2932 3619 Sta Rita, Cabiao** Jose Abad Santos Ave., Sta. Rita, Cabiao, Nueva Ecija
2933 3696 BSU Bustos Bulacan C.L Hilario Street, Poblacion, Bustos Bulacan
70
** FC1
^^ FC2/FC3
2934 3683 Buenavista Agusan** Brgy 3, Buenavista, Agusan del Norte
2935 3816 Hotel Boss** Friendship Highway, Brgy. Calibubut, San Fernando City, Pampanga
2936 3476 Patin-Ay** Patin-ay Prosperidad, Agusan del Sur
2937 3432 Pagsanjan Areza Brgy. Binan, Pagsanjan, Laguna
2938 3526 Punta Tabuc Wilars Place, Calipayan St. Punta Tabuc , Roxas City
2939 3603 Villa Adelina** Brgy. Pulo-Diezmo, Villa Adelina II, Cabuyao City, Laguna
2940 3733 Sto Nino Gapan #1 Modesta St., Brgy. Sto. Nino, Gapan City, Nueva Ecija
2941 2779 Caltex Cathedral Bohol** Caltex J.A. Clarin St. Tagbilaran City Bohol
2942 3524 Horizons 101** GF Horizons 101 Tower 2 Cebu City
2943 3738 Quezon Institute of Technology Sayre Highway, Barangay Poblacion, Quezon, Bukidnon
2944 3825 AUF Civic Center Mac Arthur Highway, Brgy. Lourdes Sur East, Angeles City, Pampanga
2945 3542 1A Hotel** CM Recto Ave. Cagayan de Oro City, Misamis Oriental
2946 3764 Splash Valenzuela F. Lazaro St., Canumay West, Valenzuela City
2947 3771 Santiago Ilocos Sur National Highway, Brgy. Poblacion, Santiago, Ilocos Sur
2948 3561 Buena Rosario Buena Rosario Subd., Brgy. Mamatid, Cabuyao City, Laguna
2949 3697 Sagrada Montessori B. Aquino Ave., Brgy. Tangos Baliwag, Bulacan
2950 3404 Axis 2** Northgate Cyberzone, Filinvest City, Alabang, Muntinlupa City
Unit G-2, GF Strata Suites Condominium Building, P. Guevarra St. cor. Soisson St., Brgy. Little
2951 3590 Strata Suites
Baguio, San Juan City
2952 3802 Cabu Cabanatuan** NE-Aurora Rd., Cabu, Cabanatuan City, Nueva Ecija
2953 3560 Tanza Tuguegarao** 144 Maharlika Highway, Brgy. Tanza, Tuguegarao City
2954 3687 San Enrique, Iloilo cors. Garrido and Gonzales St., Poblacion, San Enrique, Iloilo Prov.
2955 3723 San Nicolas Gapan** cor. Camino Drive, San Nicolas, Gapan City, Nueva Ecija
2956 3679 Tacloban City Hospital** Brgy. 80 Marasbaras Tacloban City, Leyte
2957 3000 PTT Lucena City Hall PTT Gasoline Station, Lucena City Government Complex, Lucena City, Quezon
2958 3767 Libid Binangonan P. Burgos St., Brgy. Libid, Binangonan, Rizal
2959 3668 Palompon Leyte** Central III, Palompon, Leyte
2960 3781 Floridablanca Junction** Lot 9 Blk 2 Brgy. San Jose, Floridablanca, Pampanga
2961 3801 Shell Altierra Abucay Shell Station, Lot 8B, Roman Highway, Abucay, Bataan
2962 3719 La Eliana** J.P. Rizal St. cor. A. Samonte St., Laoag City, Ilocos Norte
2963 3778 M Dacon GMA Blk 11 Lot 1, Brgy. Macario Dacon, Congressional Rd., GMA, Cavite
2964 3813 East Rembo 2 42-A JP Rizal Ave. cor. 9th Ave., Brgy. East Rembo, Makati City
2965 3623 Rizal Laguna** Brgy. West Poblacion, Rizal, Laguna
2966 3820 Dema Bldg. QC GF Dema Building, Lot 1 Blk 1 New Capitol Estates II, Commonwealth Ave., Quezon City
2967 3915 Sto. Cristo Guagua Guagua Rd., Brgy. Sto. Cristo Guagua, Pampanga
2968 3963 Calapan Highway** Strong Nautical Highway, Brgy. Puting Tubig, Calapan City, Oriental Mindoro
2969 3716 Lal-lo, Cagayan** No. 37 National Rd., Magapit, Lal-lo, Cagayan
2970 3275 Tandag Capitol** Tandag City, Surigao Del Sur
2971 3625 Anilao Iloilo** Poblacion Anilao IloIlo
2972 3702 P. Cruz 67 Primo Cruz Street, Old Zaniga, Mandaluyong City
2973 3509 Sogo Banawe** 834 Banawe St., Brgy. Sienna, QC
2974 3772 Velez** G/F Unit 106, Medical Arts Bldg., V. Ranudo St., Cebu City
2975 3579 Eastland Heights Marcos Highway, Forrest Hill Rd., Antipolo City, Rizal
71
** FC1
^^ FC2/FC3
2976 3637 Intercity L18 B7-C, Intercity Homes, West Service Rd., Brgy. Cupang, Muntinlupa City
2977 3558 Lawaan, Roxas Roxas Bldg., Lawaan, Talisay City, Cebu
2978 3572 Marycris Complex** Blk 52 Lot 11 &12 Marycris Complex, Marycris Ave., Gen. Trias, Cavite
72
1
Part 1: FINANCIAL INFORMATION
Management's Discussion and Analysis of Financial Condition and Results of

1
Operation in 2020
Financial Statements
Audited Consolidated Balance Sheets as at December 31, 2020 and 2019. 9
Audited Consolidated Statements of Comprehensive Income for the Years 11
Ended December 31, 2020, 2019 and 2018.
Audited Consolidated Statements of Changes in Equity for the Years 12
Ended December 31, 2020 ,2019 and 2018
Audited Consolidated Statements of Cash Flow for the Years Ended 13
December 31, 2020, 2019 and 2018.
Notes to Audited Consolidated Financial Statements -1-
Annexes
Schedule I: Reconciliation of retained earnings available for dividend
-71-
declaration
Schedule II: Map of the relationships of the companies within the group -72-
Schedule III: Financial soundness indicators -73-
Schedule IV: Supplementary schedules required by paragraph 6D, Part II
-74-
under SRC Rule 68, As Amended (2011)
Schedule V (ANNEX 68-E)

Schedule A. Financial Assets -74-
Schedule B. Amounts of Receivable from Directors, Officers, Employees,
-75-
Related Parties and Principal Stockholders (Other than Related Parties)
Schedule C. Amounts of Receivable from Related Parties which are
-77-
Eliminated during the Consolidation of Financial Statements
Schedule D. Intangible Assets- Other Assets -77-
Schedule E. Long Term Debt -77-
Schedule F. Indebtedness to Related Parties (Long-Term Loans from
-77-
Related Companies)
Schedule G. Guarantees of Securities of Other Issuers -78-
Schedule H. Capital Stock -78-
APPENDIX “B”
Management’s Discussion and Analysis of Results of Operations and

Financial Condition
The following discussion and analysis of our financial condition and results of operations should be read
in conjunction with the accompanying consolidated financial statements and the related notes as of
December 31, 2020 and 2019. This discussion contains forward-looking statements that reflect our
current views with respect to future events and our future financial performance. These statements
involve risks and uncertainties, and our actual results may differ materially from those anticipated in
these forward-looking statements. On a periodic basis, we evaluate our estimates, including those related
to revenue recognition, capitalized assets and income taxes. We base our estimates on historical
experience and on various assumptions that are believed to be reasonable under the circumstances.
SELECTED FINANCIAL DATA
Three Months Ended December 31,

2020 2019 % Change
Under Under
Under Under 2020 (A) 2020 (B)
Financial Summary Previous Previous
PFRS 16 PFRS 16 vs. 2019 vs. 2019
(Amount in million Pesos except EPS) Standard Standard
(A) (C) (C) (D)
(B) (D)
SYSTEMWIDE SALES 12,030.7 12,030.7 15,700.9 15,700.9 -23.4% -23.4%
Statement of Income Data:
Revenue from contracts with customers 11,480.4 11,480.4 14,676.3 14,676.3 -21.8% -21.8%
Other Income 280.1 280.1 123.5 123.5 126.9% 126.9%
Cost of merchandise sales 7,426.1 7,426.1 9,646.4 9,646.4 -23.0% -23.0%
General and administrative expenses 3,735.0 3,622.6 3,840.2 4,014.7 -2.7% -9.8%
Interest expense 297.8 75.1 226.4 11.3 31.6% 563.4%
Income (loss) before income tax 271.6 606.8 1,084.6 1,276.2 -75.0% -52.4%
Provision for income tax 106.0 206.6 335.9 393.3 -68.4% -47.5%
Net income 165.6 400.2 748.7 882.9 -77.9% -54.7%
EPS 0.22 0.53 0.99 1.17 -77.9% -54.7%
Cash Flow Data:

Operating cash flow 2,263.1 1,838.0 3,045.4 2,472.7 -25.7% -25.7%
Investing cash flow -459.0 -459.0 -1,711.1 -1,711.1 -73.2% -73.2%
Financing cash flow -1,407.1 -982.0 -987.7 -401.3 42.5% 144.7%
(Forward)
1
As of December 31,
2020 2019 % Change
Under Under
Under Under 2020 (A) 2020 (B)
Financial Summary Previous Previous
PFRS 16 PFRS 16 vs. 2019 vs. 2019
(Amount in million Pesos except EPS) Standard Standard
(A) © (C) (D)
(B) (D)
SYSTEMWIDE SALES 46,369.0 46,369.0 56,333.3 56,333.3 -17.7% -17.7%
Statement of Income Data:
Revenue from contracts with customers 43,645.9 43,645.9 52,950.9 52,950.9 -17.6% -17.6%
Other Income 384.0 384.0 236.7 236.7 62.2% 62.2%
Cost of merchandise sales 28,783.4 28,783.4 34,368.5 34,368.5 -16.3% -16.3%
General and administrative expenses 14,674.2 14,811.8 15,794.9 15,836.0 -7.1% -6.5%
Interest expense 1,064.3 171.8 897.5 80.1 18.6% 114.4%
Income (loss) before income tax (565.2) 189.8 2,080.9 2,706.1 -127.2% -93.0%
Provision for income tax (145.5) 81.0 636.4 718.2 -122.9% -88.7%
Net income (loss) (419.7) 108.8 1,444.6 1,988.0 -129.1% -94.5%
EPS (0.55) 0.14 1.91 2.63 -129.1% -94.5%
Cash Flow Data:

Operating cash flow 2,660.0 750.7 8,190.3 6,184.7 -67.5% -87.9%
Investing cash flow -1,492.4 -1,492.4 -3,606.2 -3,606.2 -58.6% -58.6%
Financing cash flow -654.9 1,254.4 -3,141.0 -1,135.6 -79.2% -210.5%
Balance Sheet Data:
Total assets 29,749.0 22,313.7 29,673.7 22,042.1 0.3% 1.2%
Total liabilities 22,395.1 13,888.0 21,636.1 13,461.1 3.5% 3.2%
Total stockholders’ equity 7,353.9 8,425.8 8,037.6 8,581.0 -8.5% -1.8%
(1) The accounts revenue from merchandise sales, franchise revenue and commission income was aggregated to revenue from
contracts with customers in the Statement of Comprehensive Income.
(2) Marketing income and items of other income were reclassified to cost of merchandise sales. This is because the definition of
distinct performance obligation under PFRS 15, revenue from contracts with customers, was not met. Please refer to the complete
discussion under Note 2 of the Company’s audited financial statements.
(3) The adoption of PFRS 15 also resulted in the change in accounting of the initial franchise fees received. Consequently, these
are deferred and amortized over the term of agreement and the corresponding contract liability was established and accretion of
interest expense resulted.
2
A LETTER FROM THE PRESIDENT AND CEO
Dear Fellow Shareholders,
Many of you may have read the update that accompanied Q2 results in August of last year, which may
have been unusually bearish at a time when many regarded the pandemic as a passing squall. We have
always prided ourselves on transparency to the greatest extent possible, and the update was no
exception. We said that while we had no idea how the current pandemic would play out and when, we
were preparing for a 3-5 year horizon, and were working on plans to adapt the company to a very
different (and constantly evolving) environment.
We take no pleasure in our bearishness being proven right after a severe economic contraction driven by a
long, stringent and stingy lockdown, a second wave of infections, and now a lag in vaccinations;
nevertheless, we are grateful that we are prepared not just to weather an extended storm, but to use it to
improve our competitive position.
Rather than discuss our dismal results (other than to note that our cashflow still leaves us on solid ground,
and that it is better than that of our peers), let me discuss what we have done over the last 12 months to
prepare for what may lie ahead:
Real Estate
 We put the brakes on expansion as early as April, continuing only where we had broken ground
on construction, and in areas where competitors continued to expand, mostly the Greater Manila
area. Rents for new stores have since dropped, and few have expanded, giving us optionality at
alower price.
 We aggressively renegotiated existing rents, publicly announcing that we would close stores near
one another if landlords were not supportive – the day after we announced our franchisee
financing package.
Project Alpha: CVS + Minimart Pivot

 We realized our best defense against the fast growing minimart sector was also our best offense
towards improving returns and further securing our position for some time. We have been testing
moves on wider assortments and lower pricing for our underperforming essentials categories (to
complement our core overperforming impulse business) since 2018. Transitions of such scale
and scope were rarely attempted, and needed to be approached with caution.
 There were quarantine passes in the first few months of the pandemic that only allowed one
household member to go out once every day, and some only every three. Such stocking up trips
favored essentials retailers like supermarkets and even minimarts that catered to homemakers,
rather than impulse retailers that carried a limited range of essentials at higher prices for people
on the go.
3
 With the view that if we could catch it soon enough, this headwind might be turned into a
tailwind that might take us to where we wanted to go faster and cheaper than we thought possible,
we scaled up what we had learned on previous tests to a 1,000 store pilot covering all stores in
Metro Manila. The prospect of falling further behind as the pandemic dragged on (and we took
the view that it would) if we did nothing left us little choice – we had to seek our Alpha.
 We ordered more shelving to replace seating in June, then secured additional warehouse space, a
new warehouse system, additional SKUs, and laid the groundwork for per store assortment
optimization in the ensuing months. Worried that vaccines might lead to an early end to the
pandemic, we launched in December, where we immediately ran into severe supply chain
challenges that obscured how customers received it and prevented us from iterating as designed.
 In response, new processes on supply to our DC, replenishment to our stores, and changing
assortment were created this year, and we look forward to seeing the results in the next few
weeks. Regardless of how our (now properly supplied) pivot is received, we now have processes
in place to iterate it quickly – new products can be launched in a week rather than six, and
supplier fill rates for essentials are among the highest in our history. These processes – CPFR+
and Push+, build on established retail practice elsewhere, but because the (+) speaks to how
they’ve been adapted to the dynamic planograms we use, are likely a first in retail.
Cliqq Grocery
 Cliqqshop, which sold low priced sundry items for pickup in store, was slowly moving towards
groceries, which tended to outperform. It does not take much insight to see the pandemic as the
perfect acquisition opportunity, and we accelerated the software, logistics, and store preparation
needed to scale.
 Cliqq Grocery’s model is unique in that it combines DC fulfillment with in store pickup, vs the
existing two models of fulfillment from store (low barrier to entry, poor unit economics) and
fulfillment from DC (high barrier to entry, superior unit economics when penetration density is
achieved in 5-10 yrs.).
 The prospect of superior unit economics and relative ease of scaling are further sweetened by the
pivot to essentials resulting in a shared warehouse between online and offline operations,
requiring only a new logistics system. We like to say that we are the only bettor allowed to bet
the same chips on both blackjack (offline) and roulette (online), and would be foolish not to play.
 While nothing is certain in digital, we are encouraged by the 80+% repeat customer rate
following our soft launch late last year, even as the previously discussed supply chain issues kept
us from aggressive customer acquisition until we had a better value proposition – something that
should change soon enough.
Other Digital
 Our fast growing payments business grew accelerated even further during the pandemic,
providing much needed revenue and traffic, but also the risk of ballooning cash balances in the
stores. We are grateful to Seven Bank of Japan for rolling out recycling ATMs in our stores
starting in February this year, where we (and others) can deposit our cash for the general public to
withdraw. There are 150 ATMs now, 1,000 planned for year end, and full store coverage in the
very near future.
4
 Online businesses grew in comparison to offline businesses during this period, and the payments
business is no exception. We expect some near-term margin pressure from our payments partners
given a change in our respective bargaining positions – we managed to grow our share of the
payments pie, but not as fast as they grew theirs. However, we have not been standing still, and
expect to expand the range of services we offer in the medium term, perhaps enough to offset
such margin pressure.
We are not out of the woods, by any stretch. Our financial performance has been abysmal, and when our
profit and growth numbers will return depend on not just the pandemic and how the Philippines navigates
it’s end, but on how quickly our online and offline pivots take root, if at all.
In times like these, we believe it is better to look not at numbers and forecasts but instead at one’s
position relative to others caught in the same fierce – and unpredictable – storm. In that regard, we take
pride and confidence in a proactive pivot executed at speed (helped as it was by pre-work before the
pandemic), relative to that of our more optimistic peers.
The past twelve months have been unprecedented in terms of hard and detailed work, big ambitions, and
sheer determination to remake the company in the face of adversity. Perhaps the closest that comes to
mind is when new management took over in 2005 to remake a struggling 200 store chain with a lackluster
balance sheet, competitors closing in, struggling morale, and yearly strategic plans; they buckled down to
work on improving processes and metrics, tweaking the customer value proposition, and embarking on
strategies that would not pay off for several years.
That hard work paid off handsomely, and after the first few years of building the foundation, it wasn’t too
hard at all – growth became a matter of turning the dials after the machine was built. A handsome payoff
can’t be expected given the economic pain ahead, but what we can say is we look forward to turning the
dials again soon enough.
- Jose Victor Paterno
SUMMARY
We operate the largest convenience store network in the country. We acquired from Seven Eleven, Inc.
of Dallas, Texas the license to operate the 7-Eleven system in the Philippines in December 1982. The
area license agreement was renewed in 2007 effective until 2027, when it is expected to be renewed once
again for another term resulting from the earlier completion of negotiations between the two parties.
We opened our first store in 1984 in Quezon City, and grew slowly as the economy struggled. Expansion
was stepped up in 1993, followed by an IPO in 1998. President Chain Store Corporation (PCSC) of
Taiwan took a majority stake in 2000 at management’s invitation, providing technology transfer from a
more advanced market. PCSC increased its shareholding from 52.2% to 53.9% manifesting its
confidence in the earnings capability of the Company post-pandemic.
5
After a period of consolidation of organization, processes and systems, the rate of expansion was stepped
up further in 2007 through the franchise business model and close collaboration with business partners.
This was backed by a strong logistics system and stable head office support.
It took us more than twenty-five years from our first store in 1984 to reach the 500th store milestone in
2010. In contrast, it required only three years to double our store count as we surpassed the 1,000 th store
mark in 2013 and opened our 2,000th store in January 2017.
We expected to surpass the 3,000th store milestone early in 2020 and add at least 1,000 new stores every
three years, moving forward. However, the adverse and lingering impact of the pandemic made us
reassess our market development strategy and is focusing on efforts that increase sales and profitability.
At the end of 2020, we have 2,978 7-Eleven convenience stores. These are mainly located in Metro
Manila and in major markets in Luzon. We penetrated Visayas in the middle of 2012 and attained our
goal of serving our customers in Mindanao in 2015. Franchisees operate 55% of our store base and 45%
remain to be company owned. Total new stores opened reached 174 against 60 store closures.
Locations Jan. 1, 2020 Net stores added Dec. 31, 2020
Metro Manila 1,006 4 1,010
Luzon ex MM 1,172 79 1,251
Visayas 411 21 432
Mindanao 275 10 285
Total 2,864 114 2,978
Our digital efforts have led to a more data-driven approach, incorporating incrementality and optimization
to our product assortment. We exerted efforts formulating and testing such initiatives, some of which
have already entered the scaling phase. We expect those to enhance our overall value proposition amidst
growing competition and allow us to respond to changing consumer behavior in this new environment.
We seek to meet the needs of our customers and maintain a leadership position in the convenience store
industry by taking advantage of economies of scale, technology, people and a widely recognized brand.
Despite emerging competition, we maintain our leadership in the industry. Our vision is to be the best
retailer of convenience for emerging markets.
COVID-19 Impact, Risks and Mitigation
In a move to contain the COVID-19 outbreak, on March 16, 2020, Presidential Proclamation No. 929 was
issued, declaring a State of Calamity throughout the Philippines for a period of six (6) months and
imposed an enhanced community quarantine throughout the island of Luzon until April 12, 2020, which
was subsequently extended up to April 30, 2020, and was further extended under different degrees of
community quarantine up to the date of this report.
The government, through the IATF, imposed varying levels of lockdown restrictions in order to prevent
the spread of the virus and to manage the capacity of hospitals and other medical facilities, as a surge in
daily case count was seen beginning March 2021.
6
These restrictions have caused disruptions to our supply chain as movement of goods and manpower were
hampered. The limited capacity of public transportation also affected the ability of our employees to
access our stores. In addition, the shutdown of offices, schools and limited activities in commercial areas,
such as malls, adversely affected our sales.
In the face of this crisis, we remain vigilant as we initiate mitigation efforts to help safeguard the health
and safety of our employees, franchisees and customers. We implemented our business continuity plan
that includes equipping our people to work remotely. This is in order to support our supply chain with the
purpose of minimizing the impact of this business disruption.
The majority of our convenience stores remain to be open to provide essential products and services to the
communities where we are present. Our store support systems are in place and this consists of several
warehouses, offices and kitchens. Out of 2,978 stores, majority are operating on a 24/7 basis, only less
than 10 percent are temporarily closed and the rest are open during daytime.
FINANCIAL CONDITION AND RESULTS OF OPERATIONS IN 2020

AS COMPARED WITH 2019
A. Results of Operations
The lockdown restrictions were eased during the second half of 2020 and remained managed in the fourth
quarter due to the reduction in daily case counts. This contributed favorably to sales and allowed the
Company to be profitable in the last quarter of the year.
For the Fourth Quarter
Net income in the fourth quarter reached P165.6 million, a reversal from the net loss registered in the
preceding quarter in the amount of P195.6 million. This can be attributed to the improvement in sales and
recovery of other income during the quarter.
Same store sales in the fourth quarter improved by 14.3 percent compared with the third quarter. A
sharper drop in same store sales was registered at 23.7 percent compared with Q4 2019, when higher sales
were generated. The decrease in customer count remains to be the main cause of lower PSD sales.
System-wide sales, which represent sales of all corporate and franchise-operated stores, declined by 23.4
percent to P12.0 billion during the quarter. Revenue from merchandise sales, which pertains to retail
sales of corporate stores and merchandise sold to franchised stores, declined by 21.8 percent.
For the Twelve Months Ended December 31
PSC incurred a net loss of P419.7 million for the full year 2020, a reversal from the earnings generated of
P1.4 billion in 2019. System-wide sales and revenue from merchandise sales both registered sharp
declines of -17.7% and -17.6%, respectively, mainly due to the 41% reduction in average customer count
per day of all stores brought about by the lockdown restrictions.
The following is the quarterly trend of changes in same-store sales, which pertain to sales of stores
operating for more than twelve months.
7
SSSG Q1 Q2 Q3 Q4 FY
2020 +2.5% -25.5% -25.2% -23.7% -18.4%
2019 +6.8% +13.0% +13.0% +10.1% +10.3%
In January 2020, the Taal volcanic eruption partially affected operations as it caused the temporary
closure of about 30 stores located in Tagaytay. A poultry supplier shut down its facilities affecting supply
of raw materials. The revenue stream immediately returned to normal supported by strong fundamentals.
The emergence of the new coronavirus reached the country as the first case of infection was reported in
early February and the first case of local transmission, a month after. In a move to contain the spread of
the virus, the government imposed the enhanced community quarantine starting March 16.
The ECQ adversely affected the movement of goods and of individuals due to the establishment of a
checkpoint system and the shutdown of public transport. This created disruptions in the supply chain as
suppliers failed to fulfill orders and resulted in the inability of the front-liners to access the stores.
More than 20 percent of stores were temporarily closed during the ECQ, owing to the lack of activity and
curfews. In order to observe physical distancing and proper hygiene, the CLIQQ kiosks were deactivated.
The decline in customer traffic was significant at forty to fifty percent compared with pre-covid level, as a
result of lockdown measures imposed. The resulting increase in basket size is not sufficient to cover for
the drop in transactions as PSD sales remain to be at seventy to seventy-five percent of pre-pandemic
level.
The Company is taking advantage of the strength of its balance sheet. Its cash level remains to be above
the normal operating requirements and there is sufficient credit line made available by the major banks to
provide additional liquidity if needed. PSC did not avail of the grace period provided under Bayanihan
Law 1 and 2 since its liquidity and solvency profile remains to be adequate to meet its obligations.
The strong liquidity position shall enable the Company to pursue its corporate strategies as response to
the lingering threats brought about by the pandemic. The pivot to more essential products and service
offerings is being executed swiftly to respond to the changing needs of the customers.
PSC allotted the amount of P711.0 million to support the franchisees under the pandemic support
program (PSP). The PSP ensures that the franchisees will not be cash-out in their operations and allows
an advance draw to support expenses of the franchisees. The program is successful as few pre-
terminations was seen.
PSC is also accelerating its digital strategy in the areas of e-commerce and payments. 7-Eleven, with its
CliQQ mobile app, remains to be the most preferred channel for e-money and bills payment as it
recognizes the continued shift towards innovation, convenience and safety.
Adoption of International or Philippines Financial Reporting Standards 16 (IFRS or PFRS 16) on

January 1, 2019 (still affected the 2020 financial statements)
The Company adopted PFRS 16, Leases, at the start of 2019. Under the new standard, lessees are
required to recognize an asset on the right to use the leased property (the right-of-use asset) and a liability
on the obligation to make lease payments (the lease liability), at the commencement date of the lease.
8
There is no effect to the overall cash position resulting from the adoption of the new standard. There are
close to 3,000 contracts of lease covering the various 7-Eleven stores, distribution centers, kitchens and
offices that were already accounted for and this represents the majority of all active lease agreements.
Upon the establishment of the ROU asset, a corresponding lease liability was also recognized. This
pertains to the obligation to make lease payments to the owner of the property or the lessor. The cash flow
lease payments previously classified as rent expense was applied as payment of the principal balance of
the liability. In addition, payments were also applied to the accretion of interest.
In the cash flow statement, the lease payments (previously, rent) increased the pre-tax income. The
depreciation of the ROU asset and interest from accretion are added back to income before tax to
determine operating cash flow. Further, investing cash flow is affected by the additions to the ROU asset.
The payments applied to interest and lease liability shall then impact the financing cash flow.
Set out below are the amounts by which each financial statement line item is affected as at and for the
year ended December 31, 2020 as a result of the adoption of PFRS 16. The adoption of PFRS 16 had a
material impact on the Group’s balance sheet and statement of comprehensive income. Certain financial
metrics, such as the EPS, EBITDA, debt to equity ratio, among others, were also affected. The following
is the summary of the adoption and the comparison as if it was not implemented.
Under Increase
Consolidated Balance Sheet Under PFRS 16 Previous PAS 17 (Decrease)
Deferred tax assets – net 963.5 504.2 459.4
Right-of-use asset (Notes 2 and 26) 6,975.9 0.0 6,975.9
TOTAL ASSETS 29,749.0 22,313.7 7,435.3
Lease liabilities (Notes 2 and 25) 8,612.7 0.0 8,612.7

Other liabilities 4,854.2 4,959.8 (14,976.1)
Retained earnings 6,431.7 7,503.6 (1,071.9)
TOTAL LIABILITIES AND EQUITY 29,749.0 22,313.7 (7,435.3)
Consolidated Statement of Comprehensive Income

TOTAL INCOME 44,030.0 44,030.0 0.0
Rent (Notes 2 and 25) 605.3 2,572.0 (1,966.7)

Depreciation and amortization 4,281.8 2,452.7 1,829.1
Interest expense (Notes 2 and 25) 1,064.3 171.8 892.6
TOTAL EXPENSES 44,595.2 43,840.2 755.0
INCOME BEFORE INCOME TAX (565.2) 189.8 (755.0)

PROVISION FOR INCOME TAX (145.5) 81.0 (226.5)
NET INCOME (419.7) 108.8 (528.5)
EARNINGS PER SHARE (0.55) 0.14 (0.70)

* Amount in millions except EPS
9
Revenue and Gross Margin
For the Three Months Ended December 31, For the Year Ended December 31,
2020 2019 Increase (Decrease) 2020 2019 Increase (Decrease)
Value % Value %
Revenue from merchandise sales (1) 10,259.0 13,543.6 -3,284.6 -24.3% 38,890.1 48,038.0 -9,147.8 -19.0%
Cost of merchandise sales (2 and 3) 7,426.1 9,646.4 -2,220.4 -23.0% 28,783.4 34,368.5 -5,585.1 -16.3%
Gross profit 2,832.9 3,897.1 -1,064.2 -27.3% 10,106.8 13,669.5 -3,562.7 -26.1%
Gross margin (5) 24.7% 26.6% 23.2% 25.8%
Commission income 337.8 282.9 54.9 19.4% 1,148.9 653.1 495.8 75.9%
Commission as % of revenue from
2.9% 1.9% 2.6% 1.2%
contracts with customers
(Amount in million Pesos)
Notes:
1. Revenue from merchandise sales represents retail sales of corporate stores plus sales of merchandise to franchisees made at cost. This also
includes the retail sales of four (4) Neighborhood Wholesale branches totaling P485.3 million.
2. Cost of merchandise sales is composed of the cost of goods sold of corporate stores plus the cost of merchandise sold to franchisees. Sales and
cost of goods sold to franchisees are equal resulting in zero gross profit. The share of PSC in the gross profit of the franchised stores is recognized
under the franchise revenue account.
3. The cost of goods sold of Neighborhood Wholesale is also lodged under this account and amounted to P457.4 million.
4. As a result of the adoption of PFRS 15, Revenue from Contracts with Customers, marketing income and some components of other income,
specifically penalty income, were reclassified and in effect reduced the cost of merchandise sales. This was made because the definition of distinct
performance obligation was not met.
5. Gross margin is computed as revenue from merchandise sales minus cost of sales plus commissions divided by revenue from contracts with
customers
The Company closed the year 2020 with total revenue from merchandise sales of P38.9 billion, a decrease
of 19.0 percent compared to P 48.0 billion in 2019. Cost of merchandise sold went down by 16.3 percent
to P28.7 billion. As a result, gross margin contracted to only 23.2 percent (based in revenue from
contracts with customers) mainly resulting from decrease in sales and higher share in sales of lower GP
products.
Revenue from merchandise sales is the retail sales of corporate stores plus the sales to franchisees valued
at cost price. The merchandise sales of another retail format, called Neighborhood Wholesale or NW
stores reached P485.3 million and formed part of revenue from merchandise sales. NW has four
branches.
In comparison, system-wide sales pertain to retail sales and commission income of all stores regardless of
ownership. The Company does not consolidate the retail sales of franchisees because these are
established as separate and distinct entities from PSC. The sales of NW stores are excluded from system-
wide sales.
Moreover, the cost of merchandise sales pertains to the cost of sales of corporate stores plus the cost of
merchandise transferred to the franchisees. Hence, in the financial report, the sales to the franchisees
shall yield zero gross profit. The Company then shares from the store level GP of the franchisees, which
is calculated separately and is lodged under the franchise revenue account.
Commission income significantly increased by 75.9 percent mainly as a result of the surge in e-money
cash in transactions. The shift towards digital payments accelerated during the pandemic and the 7-
Eleven stores are the most preferred channel for e-wallet top up and bill payment. The e-money issuers
are paying the Company a fixed fee based on the GMV.
10
Commission income in the P & L pertains to those coming from corporate stores while the share of the
Company from the commission earned by the franchisees is accounted under franchise revenue which is
shared based on the current GP split.
Marketing income, discounts and rebates all registered declines due to the decrease in sales. The lower
annual volume rebate for example, which was based from a higher sales target, negatively affected
operating margin by P300.0 million
All discounts and marketing income are now presented as reduction to cost of merchandise sales at the
Company level both for 2020 and 2019.
Franchise Revenue and Other Income
For the Three Months Ended December

For the Year Ended December 31,
31,
Increase
2020 2019 Increase (Decrease) 2020 2019
(Decrease)
Value % Value %
Franchise revenue 883.7 849.8 33.8 4.0% 3,606.9 4,259.9 -652.9 -15.33%
Rental income 88.2 75.4 12.8 17.0% 148.7 137.1 11.6 8.45%
Other income 198.3 46.8 151.5 323.8% 235.4 99.6 135.7 136.26%
Total 1,170.2 972.0 198.2 20.4% 3,991.0 4,496.6 -505.6 -11.24%
As % of revenue from contracts with
customers 11.4% 7.2% 4.2% 10.3% 9.4% 0.9%
The franchise revenue account is composed of three main items, namely, the continuing share of the
Company in the gross profit of the franchisees, operating expenses of the franchisees billed by PSC and
the initial franchise fee received at the start of the franchise agreement. The latter is now amortized over
the term of the agreement in accordance with PFRS 15.
Total franchise revenue declined by 15.3 percent despite the increase in number of franchisees by 51 or
32 percent. Total franchised stores reached 1,628, with FC1 as the most dominant format. The share in
GP of the franchised stores went down by 17.8 percent to P2.9 billion owing to franchised stores’ decline
in sales.
Moreover, rental income reached P148.7 million partly due to financial reporting adjustments arising
from PFRS 16. Some lease agreements were classified as short-term leases and then re-leased to
franchisees and were accounted as rent income. There is a corresponding rent expense when payments
are made to lessors, hence, the impact to operating income is zero.
Those rent income attributed to sub-leased spaces and ATM rent decreased attributed to the lockdown.
The number of ATMs owned by local banks decrease to less than 20 in anticipation of the roll-out of the
cash-recycling machine owned and operated by Seven Bank of Japan through its wholly owned local
subsidiary.
In February 2021, PSC, in partnership with the one of leading ATM operators worldwide, Seven Bank of
Japan, started the deployment of cash-recycling ATMs in several 7-Eleven locations in Metro Manila.
There are more than 130 ATMs deployed by the end of Q1 2021.
11
The ATMs provide an innovative and pioneering cash management solutions tailored-fit for 7-Eleven. It
accepts cash deposits, initially from the sales of the stores. The cash is then “recycled” by the machine to
fund the withdrawals of customers of branding partner banks. This provides an attractive asset-light
model to the partner banks. PSC shall then get revenue share from transactions as it provides the location
and cash for the ATMs. The objective is to roll-out the ATM installation to all 7-Eleven stores by 2022.
PSC is banking on the increasing trend of digital payments, which still begins with physical cash as the
level of financial inclusion in the country remains to be low. In addition, this is also expected to
complement the growing services business and contribute to generating additional revenues for the
Company. Further, cash handling risk is expected to be minimized if not eliminated and immediate usage
of funds for working capital requirements is ensured.
Moreover, other income increased driven by rental concession efforts instituted by the Company in order
to improve operating margin. PSC actively negotiated with the landlords to provide rent discounts during
the pandemic in light of declining sales. Rent reduction reached a high of twenty percent in a single
month.
PSC applied the practical expedient approach provided by the amendments to PFRS 16. Under the
amendment, Covid related rental concession efforts are not treated as lease modifications, therefore, the
remeasurement of the lease liabilities is no longer required. The reduction in rent shall reduce the lease
liability and the difference will be accounted as other income.
General and Administrative Expenses
For the Three Months Ended

c For the Year Ended December 31,
December 31,
Increase Increase
2020 2019 2020 2019
(Decrease) (Decrease)
Value % Value %
Rent, under previous standard 585.1 666.8 -81.6 -12.2% 2,572.0 2,576.5 -4.5 -0.2%
Rent, applied as payment for lease liabilities
-482.1 -878.8 396.7 -45.1% -1,966.7 -2,111.1 144.4 -6.8%
and interest
Depreciation of property and equipment 646.1 597.3 48.7 8.2% 2,452.7 2,158.1 294.6 13.7%
Depreciation of ROU asset 594.5 460.3 134.2 29.2% 1,829.1 1,674.9 154.2 9.2%
Outside services 442.1 768.7 -326.6 -42.5% 2,253.9 2,578.0 -324.1 -12.6%
Communication, light and water 408.0 741.7 -333.7 -45.0% 1,969.5 2,564.2 -594.7 -23.2%
Personnel costs 257.7 185.8 71.9 38.7% 1,313.6 1,352.2 -38.6 -2.9%
Trucking services 170.7 221.9 -51.2 -23.1% 678.7 783.0 -104.3 -13.3%
Warehousing services 140.4 175.2 -34.8 -19.9% 553.7 636.4 -82.7 -13.0%
Repairs and maintenance 196.9 162.4 34.5 21.2% 546.5 608.5 -62.1 -10.2%
Supplies 137.6 164.5 -26.8 -16.3% 519.8 559.2 -39.3 -7.0%
Taxes and licenses 115.1 83.2 31.9 38.3% 496.5 323.7 172.8 53.4%
Royalties 119.4 154.9 -35.6 -23.0% 461.1 561.2 -100.2 -17.8%
Advertising and promotion 74.3 249.0 -174.7 -70.2% 366.0 741.0 -375.0 -50.6%
Others 329.1 87.2 241.9 277.5% 627.8 789.1 -161.3 -20.4%
Total 3,735.0 3,840.2 -105.2 -2.7% 14,674.2 15,794.9 -1,120.7 -7.1%
12
General and administrative expenses, which consist of store operating and selling expenses and
headquarters’ expenses went down by 7.1 percent or P1.12 billion to P14.67 billion by the end of 2020.
As a percentage of revenue from merchandise sales, total expenses stood at 37.7 percent, higher from 32.9
percent in 2019, owing to lower sales. The top five expense items accounted for 2/3 of total expenses and
are discussed as follows:
Rent expense (under previous standard) is unchanged at P2.6 billion and stood at 6.6 percent of revenue
from merchandise sales, higher compared last year at 5.3 percent. The result of the Company’s effort in
negotiating rental concessions is presented as other income and rent expense reduction in the statement of
comprehensive income.
Starting January 1, 2019, PSC adopted PFRS 16, which requires lessees to account for all leases under a
single on-balance sheet model similar to the accounting for finance leases under PAS 17.
At the commencement date of the lease, the lessee will recognize a liability to make lease payments (i.e.,
the lease liability) and an asset representing the right to use the underlying asset during the lease term (i.e.,
the right-of-use-asset). For reporting purposes, the cash flow rent is the one being analyzed.
On the other hand, depreciation and amortization expenses of property and equipment rose 13.7 percent to
reach P2.45 billion, while the depreciation of the ROU asset stood at P1.83 billion, up by 9.2 percent.
Outside services decreased by 12.6 percent to P2.25 billion, as the percentage of sales stood at about 5.8
percent compared to 5.4 percent last year.
Communication, light and water decreased by 23.2 percent to P1.97 billion while as percentage of sales
dipped from 5.3 percent last year to 5.1 percent this year, attributable to lack of commercial activities and
shortened operating hours in compliance with curfews imposed by local government units.
Personnel costs slightly decreased by 2.9 percent to P1.3 billion attributed to shortened operating hours
and flexible work arrangement for office-based employees.
All the other decrease in operating expense can be attributed to sales decline and fewer manpower
deployment to comply with stay-at-home orders imposed by the government.
Interest Expense
Interest incurred to service debt increased by 84.2 percent to P112.4 million from P61.0 million in 2019.
The outstanding loan balance increased to P2.2 billion at the end of 2020, the proceeds of which were used
to fund working capital requirements. This is in order to meet commitments to suppliers to keep us in
stock and fund franchisees so that they can sustain their operations. Moreover, the growing service
business requires pre-funding due to its increasing cash-in volume, which generates commission for PSC.
Interest expense resulting from the adoption of PFRS 16 increased by 9.2 percent and amounted to P892.6
million and significantly affected earnings. There is no cash outflow associated with the interest from the
accretion of the lease liability. The effect is that the lease expenses are front loaded at the early stages and
will decline during the middle to the latter part of the lease term.
Lastly, there was an accretion of interest from the contract liability. The standard requires the deferred
recognition of initial franchise fees received from franchisees since the definition of distinct performance
13
obligation was not met. The contract liability will be amortized over the term of the agreement and will be
recognized as franchise revenue. interest on accretion of initial franchise fee is pegged at P18.8 million.
Net Income
PSC registered a net loss of P419.7 million, a reversal from the P1.4 billion net income posted in 2019.
Loss per share at the end of 2020 is pegged at P0.55.
B. Financial Condition
Balance Sheet
2020 % Change
Highlights
Total Assets 29,749.0 0.3%
Current Assets 13,896.8 9.4%
Non-current Assets 15,852.2 -6.6%
Current Liabilities 13,864.3 1.1%
Total Liabilities 22,395.1 3.5%
Stockholders' Equity 7,353.9 -8.5%
Book value per share 9.7 -8.5%
The Company remained to have a strong balance sheet to navigate the waves of the pandemic. Cash
balance is above its operating requirements and stood at P5.1 billion. This resulted from its strong
capability of generating operating cash flow of P2.7 billion at the end of 2020.
PSC drew from its credit line the amount of P5.5 billion, to enhance liquidity and fulfill its commitment
to its suppliers for purchases of stocks as well as supporting the franchisees in the form of extending an
interim line. Loan repayments were made in the amount of P4.7 billion as a result of the stronger than
expected cash flow. Outstanding loans stood at P2.1 billion by the end of 2020.
Receivables slightly increased by 7.1 percent mainly from collectibles from suppliers and franchisees.
Inventories slightly decreased owing to lower suppliers’ fulfillment rate. The increase in prepayments is
attributed to the excess creditable withholding taxes, which were not utilized, due to lower current income
tax expense.
Property and equipment declined as the Company opened at 174 new stores against 60 permanent
closures during the year. Deferred tax assets rose as a result of the temporary deductible difference arising
from the adoption of PFRS 16.
Stockholders’ equity at the end of the period comprises 24.7 percent of the total assets, down from 27.1
percent at the start of the year. The net loss of P419.7 million for the year, and the dividend payment of
P226.9 million were the movements in the equity account during the period.
C. Liquidity and Capital Resources
The Company generated positive operating cash flow in the amount of P2.7 billion in 2020, this is
significantly lower to the P8.1 billion generated in the previous year. YTD pre-tax loss is pegged at
P565.2 million, an improvement on the P836.9 million reported in September 2020.
14
The following are the discussion of the sources and uses of cash in 2020.
Statement of Cash Flows Highlight For the Year Ended December 31,
(in million Pesos) 2020 2019 Increase (Decrease)
Value %
Income (loss) before income tax -565.2 2,080.9 -2,646.2 -127.2%
Depreciation and amortization 4,281.8 2,603.8 1,678.1 64.4%
Working capital changes -1,056.7 3,505.5 -4,562.2 -130.1%
Net cash from operating activities 2,660.0 8,190.3 -5,530.3 -67.5%
Additions to property and equipment -1,765.9 -3,118.4 1,352.6 -43.4%
Decrease (increase) in other assets 273.4 -487.7 761.2 -156.1%
Net cash used in investing activities -1,492.4 -3,606.2 2,113.7 -58.6%
Net availment (repayment) of bank loan 1,604.6 -691.6 2,296.1 -332.0%
Interest paid -123.2 -65.8 -57.4 87.2%
Cash dividends paid -226.9 -378.2 151.3 -40.0%
Payment of lease liabilities -1,909.3 -2,005.4 96.1 -4.8%
Net cash used in financing activities -654.9 -3,141.0 2,486.1 -79.2%
Effect of exchange rate changes -0.2 -0.2 0.0 8.8%
Net increase in cash 512.5 1,443.0 -930.5 -64.5%
Cash and cash equivalent, beginning 4,624.7 3,181.7 1,443.0 45.4%
Cash and cash equivalent, ending 5,137.1 4,624.7 512.5 11.1%
* amount in million Pesos
Cash Flows from Operating Activities

Net cash flow from operating activities at the end of 2020 totaled to P2.7 billion, substantially lower
compared to net cash flow from operating activities of P8.2 billion in 2019.The decrease in operating cash
flow is mainly attributed to the pre-tax loss incurred during the year.
Cash Flows used in Investing Activities

Net cash used in investing activities, primarily for capital expenditures, decreased by 58.6 percent to P1.5
billion. There were 174 new stores opened up to in 2020 compared to 349 stores opened over the same
period in 2019.
Cash Flows used in Financing Activities

The substantial increase in cash from financing activities was primarily due to availment of new loans
during the period amounting to P6.4 billion and loan repayments totaling P4.7 billion. The Company also
paid cash dividends equivalent to P0.30 per share and totaled to P226.9 million.
15
Discussion of the Company’s 2020 Key Performance Indicators
● System Wide Sales

System-wide sales represents the overall retail sales to customers of corporate and franchise-
operated stores.
● Revenue from Merchandise Sales

Revenue from merchandise sales corresponds to the retail sales of corporate owned stores plus
sales to franchised stores.
● Net Income Margin

Measures the level of recurring income generated by continuing operations relative to revenues
and is calculated by dividing net income over revenue from merchandise sales.
● EBITDA Margin
The ratio of earnings before interest, taxes, depreciation and amortization over revenue from
merchandise sales. This measures the level of free cash flow generated by retail operations and is
a main indicator of profitability.
● Return on Equity (ROE)

The amount of net income returned as a percentage of equity. ROE measures profitability by
revealing how much profit a company generates with the money shareholders have invested. This
is computed by dividing net income over average equity.
For the Fourth Quarter Ended For the Year Ended

Financial Highlights December 31, December 31,
(Amount in Php millions except store count)
2020 2019 % 2020 2019 %
Change Change
Store count 2,978 2,864 4.0
System-wide sales 12,030.7 15,700.9 (23.4%) 46,369.0 56,333.3 (17.7)
Revenue from contracts with
11,480.4 14,676.3 (21.8%) 43,645.9 52,950.9 (17.7)
customers *
AFTER PFRS 16 IMPACT: (17.6)
Operating income 541.1 1,293.7 (58.2%) 445.7 2,940.9 (84.8)
EBITDA 1,781.6 2,351.3 (24.2%) 4,727.6 6,773.9 (30.2)
Net income 165.6 748.7 (77.9%) (419.7) 1,444.6 (129.1)
EBIT % * 4.7% 8.8% 1.0% 5.6%
EBITDA % * 15.5% 16.0% 10.8% 12.8%
Net margin * 1.4% 5.1% (1.0%) 2.7%
BEFORE PFRS 16 IMPACT:
Operating income 653.5 1,270.3 (48.6%) 308.2 2,899.8 (89.4)
EBITDA 1,299.5 1,867.6 (30.4%) 2,760.9 5,057.8 (45.4)
Net income 400.2 882.9 (54.7%) 108.8 1,988.0 (94.5)
EBIT % * 5.7% 8.7% 0.7% 5.5%
EBITDA % * 11.3% 12.7% 6.3% 9.6%
Net margin * 3.5% 6.0% 0.2% 3.8%
* % of Revenue from contracts with customers. PFRS 15, revenue from contracts with customers aggregated the three main
revenue streams of the Company, namely, revenue from merchandise sales, franchise revenue and commission income.
Marketing and other income, on the other hand, reduced cost of sales.
16
● System wide sales of all 7-Eleven stores declined by 17.7 percent to P46.4 billion at the end 2020.
Growth in same store sales was negative in Q4 but grew from Q3. YTD SSSG is pegged at -
18.4%.
● At the end of December, 7-Eleven stores in the Philippines totaled 2,978, up by 114 stores or 4.0
percent in 2019.
● EBITDA margin stood at 10.8 percent from 12.8 percent due to the higher depreciation and
interest expense recorded under PFRS 16. Excluding PFRS 16, EBITDA margin is pegged at 6.3
percent, as compared to 9.6 percent last year.
● Net loss after PFRS 16 stood at P419.7 million.. Net income pre-PFRS amounted to P108.8
million.
Financial Soundness Indicator
2020 2019
Under Under
Formula Under New Under New
Previous Previous
Accounting Accounting
Accounting Accounting
Standard Standard
Standard Standard
Liquidity Ratio
Current ratio Current Assets/Current Liabilities 1.00 1.17 0.93 1.03
Quick ratio Cash + Receivables/Current Liabilities 0.37 0.43 0.59 0.66
Financial Leverage
Debt ratio Total Debt/Total Assets 0.75 0.62 0.73 0.61
Debt to equity ratio Total Debt/Total Equity 3.05 1.65 2.69 1.57
Interest coverage EBIT/Interest charges 0.47 2.10 3.32 34.78
Asset to equity ratio Total Assets/Total Equity 4.05 2.65 3.69 2.57
Profitability Ratio
Operating income/Revenue from
Operating margin contracts with customers
1.02% 0.71% 5.55% 28.46%
Net income/Revenue from contracts
Net profit margin with customers
-1.00% 0.20% 2.73% 3.75%
Return on assets Net income/Total Assets 0.37% 0.49% 4.87% 9.02%
Net profit margin x Asset turnover x
Return on equity Asset to equity -2.75% 1.28% 19.12% 25.40%
Discussion and Analysis of Material Events and Uncertainties
1. There are no known trends, events and uncertainties that will have a material impact on liquidity
after the balance sheet date.
2. There are no material off-balance sheet transactions, arrangements and obligations of the
Company with unconsolidated entities during the reporting period.
3. All of the Company’s income was earned in the ordinary course of business.
4. There are no seasonal aspects that have a potentially material effect on the financial statements.
17
5. The Company’s financial risk management objectives and policies are discussed in Note 30 of the
December 31, 2020 Notes to Unaudited Consolidated Financial Statements.
6. There are no other known trends, events and uncertainties that will have a material impact on the
Company’s liquidity.
FINANCIAL CONDITION AND RESULTS OF OPERATIONS IN 2019

AS COMPARED WITH 2018
A. Results of Operations
For the Fourth Quarter
Net income in the fourth quarter went down by 6.0 percent to P748.7 million from P796.4 million
registered in the same period last year. Excluding the effect of PFRS 16, net income should have
increased decently by 10.9 percent to P882.9 million.
The solid growth in same store sales continued in 4Q by posting 10.1 percent increase year-on-year. The
year started with a 6.8 percent rise in same store sales and further increased by 13.0 percent in the second
and third quarters. This is attributable to sales enhancing initiatives such as the roll out to additional
stores of successful private brands, Crunch Time fried chicken and City Blends freshly brewed coffee.
System-wide sales, which represent sales of all corporate and franchise-operated stores, rose by 20.7
percent to P15.7 billion during the quarter. Revenue from merchandise sales, which pertains to retail
sales of corporate stores and merchandise sold to franchised stores, grew by 18.9 percent. Commission
income posted a substantial increase of 250.0 percent to P282.9 million, driven by the surge in services
transactions, as 7-Eleven remained to be the preferred channel for e-money cash in transactions.
The year ended with 2,864 stores, up by 314 stores or 12.3 percent from 2,550 stores by the end of 2018.
For the Twelve Months Ended December 31
Net income generated for the full year 2019 declined by 5.7% to P1.44 billion owing to the
implementation of the new accounting standard on leases. Excluding this factor, net income should have
grown impressively by 29.8 percent, the highest earnings growth in six years, to P1.99 billion from P1.53
billion the previous year.
IFRS net income translated into earnings per share of P1.91, a decline of 5.7 percent compared with the
preceding year’s level of P2.03.
Revenue from merchandise sales, which represents retail sales of corporate stores and cost of
merchandise sold to franchisees, went up by 21.0 percent to P 48.0 billion. This was driven by the 10.3%
full-year increase in same store sales, the highest growth rate all time.
Sales of a new store format were also lodged under this account. Its first four branches (under the trade
name Neighborhood Wholesale) generated total sales of P501.8 million in 2019, up by 51.5 percent over
last year of P331.1 million.
The improved financial performance can be attributed to the increase in retail sales of all corporate and
franchised stores, which posted growth of 22.1 percent to P 56.3 billion in 2019.
18
The increase in customer count was the primary driver of sales growth. This was brought about the low
inflation environment and the improvement of net disposable income owing to the tax reform passed in
2018. These two factors strengthened the purchasing power of our customers and resulted into higher
average transaction and increase in visit frequency.
Product development also contributed to better sales as the Company expanded the coverage of its
successful products, namely, its freshly brewed coffee, City Blends, now in more than 2,000 stores, and
its own hot and crispy fried chicken, Crunch Time, now in more than 1,000 stores. These brands filled in
the gaps in 7-Eleven’s breakfast and lunch portfolios, respectively.
On the market development side, PSC ended the year with a nation-wide store count of 2,864 stores. New
stores added totaled to 349 against 35 closures during the year. About seventy percent of new stores were
opened in Luzon and around fifteen percent each in Visayas and Mindanao. Further, the franchised-stores
accounted for 55% of the total, while the remaining 45% are corporate-owned.
PSC continued to dominate the convenience retail sector by opening new stores all throughout the
country. It capitalized on its first-mover advantage and economies of scale in widening its lead against
formal convenience store operators. The capacity building expenditures made in the form of establishing
new distribution centers and regional headquarters are starting to produce favorable results and equips the
Company in responding to emerging competition.
EBITDA (earnings before interest, taxes, depreciation and amortization) rose by 60.5 percent from P4.2
billion in 2018 to P6.8 billion at end of 2019 while EBITDA margin and operating margin (both as
percentage of revenue from merchandise sales) are pegged at 12.8 percent and 5.6 percent, respectively.
The ability of the Company to generate free cash flow significantly improved as operating cash flow
surged 84.9 percent to P8.2 billion, against cash used in investing activities of P3.6 billion. This resulted
into a free cash flow of P4.6 billion, up from P2.08 billion a year ago. This allowed PSC to trim down
outstanding debt by P691.6 million or 55.3 percent and to end the year with P558.9 million in loans.
Cash dividends paid increased by P52.7 million or 16.2 percent to P378.2 million and correspond to a
25.0 percent payout policy, which is consistent with prior years’ payout.
Stock price ranged from P 100-145 per share more than twenty million shares traded (lower compared
with 49.0 million traded shares in 2018). Price earnings increased to 50 to 70 times of current earnings
and PFRS return on equity (ROE) declined to 19.1 percent.
The Company has adopted the following new accounting pronouncements starting January 1, 2019.
Please refer to Note 2 of the Notes to the Consolidated Financial Statements for a more detailed
discussion of the adoption of the new Philippine Financial Reporting Standards (PFRS or IFRS) and to
the following explanations.
Adoption of International or Philippines Financial Reporting Standards 16 (IFRS or PFRS 16) on

January 1, 2019
The Company adopted PFRS 16, Leases, at the start of the year. Under the new standard, lessees are
required to recognize an asset on the right to use the leased property (the right-of-use asset) and a liability
on the obligation to make lease payments (the lease liability), at the commencement date of the lease.
There is no effect on cash flow as a result of the adoption.
More than 2,600 contracts of lease covering the various 7-Eleven stores, distribution centers, kitchens and
offices were already accounted for and this represents approximately 93% of all active lease agreements.
19
The future lease commitments arising from the active contracts, net of short-term leases and low value
assets, amounted to P13.0 billion. This was then discounted into its present value using the incremental
borrowing rate ranging from 8.0% to 9.0%.
This was based from the prevailing rate quoted by the BVAL for government securities issued with
similar tenors. The tenors are commensurate with the duration of the lease agreements and a risk
premium was added to the risk-free rate.
Based on the above, the opening balance of the right-of-use (ROU) asset stood at P8.3 billion and lease
liabilities of P9.2 billion. The ROU was then depreciated individually per lease contract on a straight-line
basis. The total depreciation expense of the ROU asset at the end of the year reached P1.5 billion and
formed part of the general and administrative expenses in the statement of comprehensive income.
The incremental borrowing rate or the interest rate implicit on the lease was unusually high because the
inflation in 2018 surged brought about by the increase in food and oil prices, among other factors.
Monetary authorities attempted to taper inflation by increasing policy rates several times during that year.
The risk-free rate reflected such movements and translated into higher borrowing costs.
Upon the establishment of the ROU asset, a corresponding lease liability was also recognized. This
pertains to the obligation of the Company to make lease payments to the owner of the property or the
lessor. The cash flow lease payments previously classified as rent expense was applied as payment of the
principal balance of the lease liability. In addition, payments were also applied to the interest portion,
which arose from the accretion of the lease liability. The lease liability balance diminishes using the
effective interest method as payments for the principal and interest are applied.
As at December 31, cash flow lease payments (previously, rent) totaled to P1.7 billion. The payments
applied to interest and principal stood at P817.4 million and P898.7 million, respectively.
The right-of-use asset, net of accumulated depreciation, amounted to P7.5 billion and was classified as
non-current assets in the balance sheet. The current portion and the noncurrent portion of the lease
liability at the end of the same period stood at P2.0 billion and P6.8 billion, respectively. The deferred tax
asset was also affected due to the temporary differences that arise from the depreciation of the right-of-
use asset, accretion of interest and payment of lease liabilities.
In the cash flow statement, the cash flow lease payments (previously classified as rent) increased the
income before income tax. The depreciation of the ROU asset and interest from accretion are added back
to income before income tax to arrive at the cash flow from operating activities. In the cash flow used in
investing activities, the establishment and subsequent additions to the ROU asset shall increase the cash
outflow. The payments applied to interest and to the principal of the lease liability shall then increase the
cash flow used in financing activities. There is no effect to the overall cash position because there is no
incremental cash outflow resulting from the adoption of the new PFRS.
Set out below are the amounts by which each financial statement line item is affected as at and for the
year ended December 31, 2019 as a result of the adoption of PFRS 16. The adoption of PFRS 16 had a
material impact on the Group’s balance sheet, statement of comprehensive income and the operating,
investing, and financing cash flows (although there is no effect on the overall net cash flow since there is
no incremental cash outflow required under PFRS 16). Certain financial metrics, such as the earnings per
share (EPS), earnings before interest taxes and depreciation (EBITDA), debt to equity ratio, among
others, were also affected. The first column shows amounts prepared under PFRS 16 and the second
column shows what the amounts would have been had PFRS 16 not been adopted or in other words as if
the previous standard, PAS 17, is still in effect.
20
The audited consolidated balance sheet as at December 31, 2019 and income statement for the period
ended December 31, 2019.
Under Increase
Consolidated Balance Sheet Under PFRS 16 Previous PAS 17 (Decrease)
Deferred tax assets – net P

= 516.0 P
= 283.1 P
= 232.9
Right-of-use asset, net of accumulated
depreciation (Notes 2 and 26) 7,549.7 – 7,549.8
TOTAL ASSETS P
= 29,673.7 P
= 22,042.1 P
= 7,631.6
Lease liabilities (Notes 2 and 26) 8,759.5 – 8,759.5

Other liabilities 4,662.4 4,662.4 –
Retained earnings 7,078.3 7,621.7 (543.4)
TOTAL LIABILITIES AND EQUITY P
= 29,673.7 P
= 22,042.1 P
= 7,631.6
Consolidated Statement of Under Increase

Comprehensive Income Under PFRS 16 Previous PAS 17 (Decrease)
TOTAL INCOME 53,187.6 53,187.6 −
Rent (Notes 2 and 26) 860.4 2,576.5 (1,716.0)

Depreciation and amortization 3,833.0 2,158.1 1,674.9
Interest expense (Notes 2 and 26) 897.5 80.1 817.4
TOTAL EXPENSES 51,106.7 50,330.4 776.3
INCOME BEFORE INCOME TAX 2,080.9 2,857.2 (776.3)

PROVISION FOR INCOME TAX 636.4 869.2 (232.9)
NET INCOME P
= 1,444.6 P
= 1,988.0 (P
= 543.4)
EARNINGS PER SHARE P

= 1.91 P
= 2.63 (P
= 0.72)
* Amount in millions except EPS
Revenue and Gross Margin
Amount Percentage Amount Percentage
Revenue from
13,543.6 11,391.9 2,151.7 18.9% 48,038.0 39,709.1 8,328.9 21.0%
merchandise sales
Cost of
9,646.4 7,862.2 1,784.2 22.7% 34,368.5 27,911.2 6,457.3 23.1%
merchandise sales
Gross profit 3,897.1 3,529.7 367.5 10.4% 13,669.5 11,797.9 1,871.6 15.9%
Gross margin 28.8% 31.0% -2.2% 28.5% 29.7% -1.3%
Commission
282.9 80.8 202.1 250.0% 653.1 241.3 411.7 170.6%
income
Commission as %
of revenue from 2.1% 0.7% - 1.4% 1.4% 0.6% - 0.8%
merchandise sales
Notes:
1. Revenue from merchandise sales represents retail sales of corporate stores plus sales of merchandise to franchisees
made at cost. This also includes the retail sales of four (4) Neighborhood Wholesale branches totaling P501.8 million.
2. Cost of merchandise sales is composed of the cost of goods sold of corporate stores plus the cost of merchandise sold
to franchisees. Sales and cost of goods sold to franchisees are equal resulting into zero gross profit. The share of
PSC in the gross profit of the franchised stores is recognized under the franchise revenue account.
3. The cost of goods sold of Neighborhood Wholesale is also lodged under this account and amounted to P341.4 million.
4. As a result of the adoption of PFRS 15, Revenue from Contracts with Customers, marketing income and some
components of other income, specifically penalty income, was reclassified and in effect reduced cost of sales. This
was made because the definition of distinct performance obligation was not met. Please refer to the discussion in the
preceding section and to Note 2 of the Notes to the Financial Statements for more details.
21
The Company closed the year with total revenue from merchandise sales of P 48.0 billion, an increase of
21.0 percent compared to P 39.7 billion in 2018. Cost of merchandise sold rose by 23.1 percent to P 34.4
billion. As a result gross margin slightly declined to 28.5 percent from 29.7 percent.
In the fourth quarter, revenue from merchandise sales went up by 18.9 percent owing to the 10.1 percent
rise in same store sales. Revenue from merchandise sales is comprised of the retail sales of corporate
stores plus the sales to franchisees valued at cost price. The merchandise sales of the new retail format,
called Neighborhood Wholesale (NW) stores reached P501.8 million and also form part of revenue from
merchandise sales.
In comparison, system-wide sales pertain to retail sales and commission income of all stores regardless of
ownership. The Company does not consolidate the retail sales of franchisees because these are established
as separate and distinct entities from PSC. The sales of NW stores are excluded from system-wide sales.
Moreover, the cost of merchandise sales pertains to the cost of sales of corporate stores plus the cost of
merchandise transferred to the franchisees. Hence, in the financial report, the sales to the franchisees shall
yield zero gross profit since sales matches costs. The Company then shares from the store level GP of the
franchisees, which is calculated separately. The share of PSC from the franchise GP is lodged under the
franchise revenue account.
Commission income significantly increased by 170.6 percent mainly as a result of the surge in e-money
cash in transactions. The Company partnered with the telcos for e-wallet as the 7-Eleven stores became
the most preferred channel to fund virtual wallets. The commission reported only pertains to those
coming from corporate stores, while those from franchisees were recognized under franchise revenues.
Total discounts and rebates grew in absolute terms and as percentage of revenues owing to higher volume
and due to increased supplier-supported ad and promo spending, which is driven by system innovations
that allow an increasing number of options for suppliers to build their brands.
Marketing income still continued to boost profitability, although at a slower pace compared to sales
growth, partly due to the exit in the market of a major cigarette manufacturer. The goal is to leverage the
convenience of store locations and the interconnectedness of systems to become the preferred venue for
manufacturer's brand building needs. The increased sales have also made it easier for PSC to seek a fairer
share of manufacturer’s trade spend vis-à-vis other more established channels.
All discounts and marketing income are now presented as reduction to cost of merchandise sales at the
Company level both for 2019 and 2018.
Franchise Revenue and Other Income
Amount Percentage Amount Percentage
Franchise revenue 849.8 1,087.5 -238 -21.9% 4,259.9 3,820.0 439.8 11.5%
Rental income 75.4 12.1 63.3 523.0% 137.1 62.7 74.4 118.7%
Other income 46.8 -19.1 65.9 -345.0% 99.6 66.9 32.7 48.8%
Total 972.0 1,080.5 -108.5 -10.0% 4,496.6 3,949.7 546.9 13.8%
As % of revenue
from merchandise 7.2% 9.5% -2.3% 9.4% 9.9%
-0.6%
sales
22
The franchise revenue account is composed of three main items, namely, the share of the Company in the
gross profit of the franchisees, operating expenses of the franchisee billed by PSC and the initial franchise
fee received at the start of the franchise agreement. The latter is now amortized over the term of the
agreement in accordance with PFRS 15.
Franchise revenue rose by 11.5 percent due to the increase in number of all franchisees by 171 or 12.2
percent. Total number of franchised stores reached 1,577, with FC1 as the most dominant franchise
format. The Company’s share in gross profit of the franchised stores went up by 28.9 % to P3.5 billion.
Moreover, rental income attributed to sub-leased spaces and ATM rent increased by 118.7 percent to
P137.1 million. There are ongoing talks with a leading Asian ATM provider, Seven Bank of Japan, to
deploy cash recycling machines in all 7-Eleven stores. This is expected to complement the growing
services business and contribute in generating additional revenues for the Company.
No significant element of income came from sources other than the result of continuing operations.
Selling, General and Administrative Expense
For the Three Months Ended For the Year Ended

December 31, December 31,
Increase 2019 2018 Increase
2019 2018
(Decrease) (Decrease)
Amount % Amount %
Rent, under previous standard 666.8 598.1 68.7 11.5% 2,576.5 2,290.0 286.5 12.5%
Rent, applied as payment for lease liability
and interest, under PFRS 16 -878.8 - -878.8 - -2,111.1 - -2,111.1 -
Outside services 768.7 543.6 225.1 41.4% 2,578.0 2,038.4 539.6 26.5%
Communication, light and water 741.7 613.4 128.3 20.9% 2,564.2 2,184.7 379.5 17.4%
Depreciation and amortization 597.3 497.1 100.2 20.2% 2,158.1 1,946.6 362.6 18.6%
Depreciation of ROU Asset 460.3 - 460.3 - 1,674.9 - 1,523.8 -
Personnel costs 185.8 130.4 55.4 42.5% 1,352.2 1,099.6 252.6 23.0%
Trucking services 221.9 223.5 -1.6 -0.7% 783.0 665.8 117.2 17.6%
Advertising and promotion 249.0 94.7 154.3 162.8% 741.0 592.3 148.7 25.1%
Warehousing services 175.2 155.9 19.3 12.4% 636.4 525.1 111.3 21.2%
Repairs and maintenance 162.4 149.7 12.7 8.5% 608.5 496.5 112.0 22.6%
Royalties 154.9 129.4 25.5 19.7% 561.2 459.3 101.9 22.2%
Supplies 164.5 115.3 49.2 42.7% 559.2 373.5 185.7 49.7%
Taxes and licenses 83.2 83.5 -0.3 -0.4% 323.7 310.0 13.7 4.4%
Others 87.2 145.1 -57.9 -39.9% 789.1 671.0 118.1 17.6%
Total 3,840.2 3,479.8 360.4 10.4% 15,794.9 13,652.6 2,142.3 15.7%
As % of revenue from
28.4% 30.5% -2.2% 32.9% 34.4% -1.5%
merchandise sales
Selling, general and administrative (SG & A) expense which is comprised of store operating and selling
expenses and headquarters’ expenses went up by 15.7 percent or P2.14 billion to P15.79 billion by the end
of 2019. As percentage of revenue from merchandise sales, total expenses stood at 32.9 percent, a
decrease from 34.4 percent the prior year. The top five expense items accounted for more than 2/3 of total
expenses and are discussed as follows:
Rent expense rose 12.5 percent to P2,576.5 million and stood at 5.4 percent of revenue from merchandise
sales, slightly lower compared last year at 5.8 percent.
23
Average rent was stable across all stores resulting from reduced competitive activity. Rent expense is
previously accounted for under PAS 17, Leases, which requires the straight-line recognition of rent over
the term of the lease for non-cancellable contracts.
Starting January 1, 2019, The Company adopted PFRS 16, which requires lessees to account for all leases
under a single on-balance sheet model similar to the accounting for finance leases under PAS 17. At the
commencement date of the lease, the lessee will recognize a liability to make lease payments (i.e., the
lease liability) and an asset representing the right to use the underlying asset during the lease term (i.e., the
right-of-use-asset). Lessees will be required to separately recognize the interest expense on the lease
liability and the depreciation expense on the right-of-use asset.
Rent under the previous standard amounted to P2.1 billion and were applied to payments of interest and
principal balance of the lease liability. The resulting depreciation of the right-of-use asset covering 2,600
lease contracts totaled P1.5 billion at the end of the year.
On the other hand, depreciation and amortization expense, of property and equipment rose 18.6 percent to
reach P2.3 billion.
Outside services increased by 26.5 percent to P2.6 billion, as percentage of sales stood at about
5.4 percent. This account grew as a result of continued store expansion and warehouse support.
Communication, light and water increased by 17.4 percent to P2.6 billion while as percentage of sales
slightly dipped from 5.5 percent last year to 5.3 percent this year, owing to lower power rates.
Personnel costs grew by 23.0 percent to P1.4 billion attributed to store expansion and maintenance of
regional headquarters and distribution centers.
All other expense types had grown over the preceding year’s level due to the continued opening of new
stores. The said growth is incidental and commensurate to continued growth in asset base.
There are no significant nor unusual expense incurred during the year and is considered to be in the
normal course of business.
Interest Expense
Interest incurred to service debt decreased by 19.4% to P61.7 million. Consolidated cash flows remained
to be strong aided by solid sales growth. This allowed the Company to trim down the level of outstanding
debt to around P691.6 million.
Interest expense resulting from the adoption of PFRS 16 at the start of the year amounted to
P817.4 million and significantly affected earnings. There is no cash outflow associated with the interest
from the accretion of the lease liability. The effect is that the lease expenses are front loaded at the early
stages and will decline during the middle to the latter part of the lease term.
Lastly, there was also an accretion of interest from the contract liability, as a result of the adoption of
PFRS 15. This standard requires the deferred recognition of initial franchise fees received from
franchisees since the definition of distinct performance obligation was not met. The contract liability will
be amortized over the term of the agreement and will be recognized as franchise revenue. Interest on
accretion of initial franchise fee is pegged at P18.4 million.
24
Net Income
The new accounting standard has an effect of front-loading the expense during the early stage of the lease
because the accretion of interest is based on the full balance of the outstanding lease liability and shall
diminish over time as payments are made. The sum of the depreciation of right-of-use asset and interest
expenses in the year exceeded the cash basis lease payments by about P266.8 million (after-tax). There is
no incremental cash flow resulting from the adoption of the new standard.
As a result, the net income and the EPS declined by 5.7% to P1.44 billion and P1.91 per share,
respectively, after considering the effect of the new PFRS on Leases. On a like-for-like basis or excluding
PFRS 16, net income rose by 29.8 percent to P1.99 billion and translated into an EPS of P2.63 per share.
The increase in net income was mainly driven by the 10.3 percent growth in same-store sales during the
year.
B. Financial Condition
Balance Sheet Highlights % 35,000.0

(in Php Million except book value per share) 2019 30,000.0
Change 25,000.0
Total Assets 29,673.7 70.5% 20,000.0
15,000.0
10,000.0
Current Assets 12,703.4 41.3% 5,000.0
-
Non-current Assets 16,970.2 101.7% 2019 2018
Current Liabilities 13,706.8 48.1% Assets 29,673.7 17,402.6
Total Liabilities 21,636.1 109.5% Liabilities 21,636.1 10,327.7
Stockholders’ Equity 8,037.6 13.6% Equity 8,037.6 7,074.9
Book Value Per Share (P) 10.6 13.6%
Total assets went up significantly by P12.3 billion or 70.5 percent to P29.7 billion at the end of the year.
This is attributed to the recognition of the right-of-use asset, net of depreciation amounting to P7.5 billion
in accordance with PFRS 16, Leases. Lease receivables were also established to derecognize parts of
ROU pertaining to franchise stores. This amounted to P768.4 million.
Cash and cash equivalents increased by 45.4% to P4.6 billion owing to the increase of cash-in e-money
transactions and bills payment services.
Receivables rose 109.5% to P3.4 billion mainly from collectibles from suppliers and franchisees and
recognition of lease receivable, while total inventories went up by 17.5% to P4.2 billion.
Property and equipment was almost slightly increased as the Company opened 349 new stores and closed
35 stores during the period. Deferred tax assets grew as a result of the temporary deductible difference
arising from the adoption of PFRS 16.
Bank loans and current portion of long-term debt was trimmed down as a result of repayments caused by
stronger than expected free cash flows during the year. Accounts payable increased.
Stockholders’ equity at the end of the period comprises 27.1 percent of the total assets, down from 40.7
percent at the start of the year. This was caused by the increase in total assets brought about by the
recognition of the right-of-use asset. The net income of P1.44 billion for the year, and the dividend
payment of P378.2 million were the movements in the equity account during the period.
25
C. Liquidity and Capital Resources
The adoption of the new PFRS also affected the different areas of the statement of cash flows. Net cash
from operating activities increased because of the depreciation of the right-of use asset and interest
expense imputed on the outstanding balance of the lease liability. Net cash used in investing activities
went up more than 50% due to store expansion. Net cash flow from financing activities was higher as a
result of the payment of lease liabilities. The net effect of the new PFRS on cash flow is neutral because
there is no incremental cash outflow required aside from the monthly lease payments.
The Company believes that internally generated cash will provide sufficient funding in the coming years
as it continues to expand its store base. This will enable PSC to finance its capital expenditures, pay
dividends and use for other general corporate purposes. There are also available credit lines from the
various banks where the Company draw from totaling to P5.0 billion.
Management sees that this trend will be favorable in the long term, as rate of store expansion will be
entering a more rapid stage augmented by improving economic outlook and prevailing positive investor
sentiment in the country.
Year Ended December 31,

31-Dec-19 31-Dec-18 % change
Income before income tax 2,080.9 2,213.3 -6.0%
Depreciation and amortization 3,833.0 1,946.6 96.9%
Working capital changes 2,276.3 269.3 745.3%
Net cash from operating activities 8,190.3 4,429.2 84.9%
Additions to property and equipment (3,118.4) (2,234.7) 39.5%
Increase in other assets (487.7) (116.8) 317.5%
Net cash used in investing activities (3,606.2) (2,351.5) 53.4%
Cash dividends paid (378.2) (325.5) 16.2%
Net repayment of bank loan (691.6) (480.1) 44.0%
Interest paid (65.8) (59.6) 10.5%
Payment of lease liabilities (2,005.4) - 0.0%
Net cash used in financing activities (3,141.0) (865.2) 263.0%
Effect of exchange rate changes (0.2) 0.2 -187.0%
Net increase in cash 1,443.0 1,212.7 19.0%
Cash and cash equivalent, beginning 3,181.7 1,969.0 61.6%
Cash and cash equivalent, ending 4,624.7 3,181.7 45.4%
* amount in million Pesos
26
Cash Flows from Operating Activities
Net cash flow from operating activities at the end of 2019 totaled to P8.2 billion, substantially higher
compared to net cash flow from operating activities of P4.4 billion in 2018. The increase in operating
cash flow can be attributed to the working capital changes and depreciation expense of the right-of-use-
asset. The improved profitability favorably affected operating cash flow.
Cash Flows used in Investing Activities
Net cash used in investing activities, primarily for capital expenditures, increased by 53.4 percent to P3.61
billion. There were 349 new stores opened up to in 2019 compared to 289 stores opened over the same
period in 2018.
Cash Flows used in Financing Activities
The substantial increase in the net cash from financing activities was primarily due to the payment of
lease liabilities amounting to P2.0 billion. Net loan repayments during the year stood at P691.6 million,
while payment of cash dividends increased to P378.2 million from P325.3 million last year.
Discussion of the Company’s 2019 Key Performance Indicators
 System Wide Sales

System-wide sales represents the overall retail sales to customers of corporate and franchise-
operated stores.
 Revenue from Merchandise Sales

Revenue from merchandise sales corresponds to the retail sales of corporate owned stores plus
sales to franchised stores.
 Net Income Margin

Measures the level of recurring income generated by continuing operations relative to revenues
and is calculated by dividing net income over revenue from merchandise sales.
 EBITDA Margin
The ratio of earnings before interest, taxes, depreciation and amortization over revenue from
merchandise sales. This measures the level of free cash flow generated by retail operations and is
a main indicator of profitability.
 Return on Equity (ROE)

The amount of net income returned as a percentage of equity. ROE measures profitability by
revealing how much profit a company generates with the money shareholders have invested. This
is computed by dividing net income over average equity.
27
For the Fourth Quarter Ended For the Year Ended
Financial Highlights December 31, December 31,
(Amount in Php millions except store 2019 2018 % 2019 2018 %
count) Change Change
Store count 2,864 2,550 12.3
System-wide sales 15,700.9 13,004.9 20.7 56,333.3 46,128.7 22.1
Revenue from contracts with customers * 14,676.3 12,560.2 16.8 52,950.9 43,770.5 21.0
AFTER IFRS 16 IMPACT:
Operating income 1,293.7 1,185.4 9.1 2,940.9 2,272.7 29.4
EBITDA 2,351.3 1,682.5 39.8 6,773.9 4,219.4 60.5
Net income 748.7 796.4 (6.0) 1,444.6 1,531.8 (5.7)
EBIT % * 8.8% 9.4% 5.6% 5.2%
EBITDA % * 16.0% 13.4% 12.8% 9.6%
Net margin * 5.1% 6.3% 2.7% 3.5%
BEFORE IFRS 16 IMPACT:
Operating income 1,270.3 1,185.4 7.2 2,899.8 2,272.7 27.6
EBITDA 1,867.6 1,682.5 11.0 5,057.8 4,219.4 19.9
Net income 882.9 796.4 10.9 1,988.0 1,531.8 29.8
EBIT % * 8.7% 9.4% 5.5% 5.2%
EBITDA % * 12.7% 13.4% 9.6% 9.6%
Net margin * 6.0% 6.3% 3.8% 3.5%
* % of Revenue from contracts with customers. PFRS 15, revenue from contracts with customers aggregated the three main revenue streams of the Company, namely, revenue
from merchandise sales, franchise revenue and commission income. Marketing and other income, on the other hand, reduced cost of sales.
 System wide sales generated by all 7-Eleven stores continued with its upward trajectory by
posting growth of 22.1 percent to P56.3 billion at the end of 2019. This was driven by the 10.3%
SSSG.
 At the end of 2019, 7-Eleven stores in the Philippines totaled 2,864, up by 314 stores.
 EBITDA margin stood at 12.8 percent from 9.6 percent due to the higher depreciation and
interest expense recognized under PFRS 16. Excluding PFRS 16, EBITDA margin is pegged at
9.6 percent.
 Net income after PFRS 16, declined 5.7 percent. Excluding PFRS 16 effect, net income had
grown by 29.8 percent.
Financial Soundness Indicator

YTD 2019
Under New Under Previous YTD
Formula
Accounting Accounting 2018
Standard Standard
Liquidity Ratio
Current ratio Current Assets/Current Liabilities 0.93 1.03 0.97
Cash + Receivables/Current
Quick ratio 0.59 0.66 0.52
Liabilities
Financial Leverage
Debt ratio Total Debt/Total Assets 0.73 0.61 0.59
Debt to equity ratio Total Debt/Total Equity 2.69 1.59 1.46
Interest coverage EBIT/Interest charges 3.32 68.17 29.92
Asset to equity ratio Total Assets/Total Equity 3.69 2.57 2.46
Profitability Ratio
Operating income/Revenue from
Operating margin 5.55% 28.46% 5.19%
Net income/Revenue from
Net profit margin 2.73% 3.75% 3.50%
Return on assets Net income/Total Assets 4.87% 9.02% 8.80%
Net income/Ave. total 23.38
Return on equity 19.12% 25.40%
stockholders’ equity %
28
1
APPENDIX “C”
Philippine Seven Corporation and

Subsidiaries
Consolidated Financial Statements

December 31, 2020 and 2019
and Years Ended December 31, 2020, 2019 and
2018
and
Independent Auditor’s Report

COVER SHEET
for
AUDITED FINANCIAL STATEMENTS
SEC Registration Number

1 0 8 4 7 6
COMPANY NAME
P H I L I P P I N E S E V E N 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
PRINCIPAL OFFICE( No. / Street / Barangay / City / Town / Province )
7 T H F L O O R , T H E C O L U M B I A T O W E R ,
O R T I G A S A V E N U E , M A N D A L U Y O N G C
I T Y
Form Type Department requiring the report Secondary License Type, If Applicable
A C F S S E C N / A
COMPANY INFORMATION
Group’s Email Address Group’s Telephone Number Mobile Number
[email protected] (632) 8724-4441 to 53 (0922) 879 2134
No. of Stockholders Annual Meeting (Month / Day) Fiscal Year (Month / Day)
rd
596 3 Thursday of July 12/31
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 Liu [email protected] (028) 705-5241 –
CONTACT PERSON’s ADDRESS
7th Floor, The Columbia Tower, Ortigas Avenue, Mandaluyong 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.
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.
SyCip Gorres Velayo & Co. Tel: (632) 8891 0307 BOA/PRC Reg. No. 0001,
6760 Ayala Avenue Fax: (632) 8819 0872 October 4, 2018, valid until August 24, 2021
1226 Makati City ey.com/ph SEC Accreditation No. 0012-FR-5 (Group A),
Philippines November 6, 2018, valid until November 5, 2021
INDEPENDENT AUDITOR’S REPORT
The Board of Directors and Stockholders

Philippine Seven Corporation
7th Floor, The Columbia Tower
Ortigas Avenue, Mandaluyong City
Opinion
We have audited the consolidated financial statements of Philippine Seven Corporation and its
subsidiaries (the Group), which comprise the consolidated statements of financial position as at
December 31, 2020 and 2019, and the consolidated statements of comprehensive income, consolidated
statements of changes in equity and consolidated statements of cash flows for each of the three years in
the period ended December 31, 2020, and notes to the consolidated financial statements, including a
summary of significant accounting policies.
In our opinion, the accompanying consolidated financial statements present fairly, in all material respects,
the consolidated statements of financial position of the Group as at December 31, 2020 and 2019, and its
consolidated financial performance and its consolidated cash flows for each of the three years in the
period ended December 31, 2020 in accordance with Philippine Financial Reporting Standards (PFRSs).
Basis for Opinion
We conducted our audits in accordance with Philippine Standards on Auditing (PSAs). Our
responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit
of the Consolidated Financial Statements section of our report. We are independent of the Group in
accordance with the Code of Ethics for Professional Accountants in the Philippines (Code of Ethics)
together with the ethical requirements that are relevant to our audit of the consolidated financial
statements in the Philippines, and we have fulfilled our other ethical responsibilities in accordance with
these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is
sufficient and appropriate to provide a basis for our opinion.
Key Audit Matters
Key audit matters are those matters that, in our professional judgment, were of most significance in our
audit of the consolidated financial statements of the current period. These matters were addressed in the
context of our audit of the consolidated financial statements as a whole, and in forming our opinion
thereon, and we do not provide a separate opinion on these matters. For the matter in the next page, our
description of how our audit addressed the matter is provided in that context.
We have fulfilled the responsibilities described in the Auditor’s Responsibilities for the Audit of the
Consolidated Financial Statements section of our report, includi ng in relation to these matters.
Accordingly, our audit included the performance of procedures designed to respond to our assessment of
the risks of material misstatement of the consolidated financial statements. The results of our audit
procedures, including the procedures performed to address the matter below, provide the basis for our
audit opinion on the accompanying consolidated financial statements.
A member firm of Ernst & Young Global Limited

-2-
Existence and Completeness of PFRS 16, Leases
As at December 31, 2020, the Group has right-of-use (ROU) assets and lease liabilities amounting to
=6,976 million and P
P =8,613 million, respectively, and the Group also recognized depreciation expense and
interest expense of P
=1,829 million and P=893 million, respectively, in 2020. The accounting for the
Group’s lease agreements is significant to our audit because the Group has high volume of new and
renewed lease agreements covering its convenience stores, warehouses, kitchens and office spaces and the
recorded amounts are material to the consolidated financial statements. In addition, the accounting of the
new and renewed lease agreements involves significant judgment and estimation in determining the lease
term, including evaluating whether the Group is reasonably certain to exercise options to renew, and in
determining the incremental borrowing rate.
The disclosures relating to PFRS 16 are included in Note 25 to the consolidated financial statements.
Audit Response
We obtained rollforward of lease agreements and compared the number of lease agreements per
rollforward against Master Lease Schedule. On a test basis, we inspected lease agreements executed in
2020, identified their contractual terms and conditions and traced these contractual terms and conditions
to the lease calculation prepared by management. For selected lease contracts with renewal option, we
reviewed the management’s assessment of whether it is reasonably certain that the Group will exercise
the option to renew. We tested the parameters used in the determination of the incremental borrowing
rates by reference to the market data. We test co mputed the lease calculation prepared by the
management for the selected lease agreements.
Existence and Completeness of Inventories
The Group’s inventories comprise 14% of its total assets as at December 31, 2020. It has 16 warehouses
and 1,479 company-owned stores as at December 31, 2020 throughout the country. We focused on this
area since inventories are material to the consolidated financial statements and are located in various sites
across the country.
The Group’s disclosures about inventories are included in Note 6 to the consolidated financial statements.
Audit Response
We updated our understanding of the inventory process and performed test of controls for selected stores
and warehouses. We observed the conduct of inventory count at selected stores and warehouses and
traced test counts to the inventory compilation to determine if the inventory compilation reflects actual
inventory count results. We also traced the last documents used for shipping, receiving, transfers which
were obtained during the inventory count observation to the accounting records of sales and purchases.
We reviewed the rollforward and rollback procedures performed by management and on a sampling basis,
we tested the transactions from the date of inventory count to year-end date. We reviewed the
reconciliation of the valued rollforward and rollback inventories with the general ledger account balances
and tested other reconciling items.

-3-
Other Information
Management is responsible for the other information. The other information comprises the information
included in the SEC Form 20-IS (Definitive Information Statement), SEC Form 17-A and Annual Report
for the year ended December 31, 2020, but does not include the consolidated financial statements and our
auditor’s report thereon. The SEC Form 20-IS (Definitive Information Statement), SEC Form 17-A and
Annual Report for the year ended December 31, 2020 are expected to be made available to us after the
date of this auditor’s report.
Our opinion on the consolidated financial statements does not cover the other information and we will not
express any form of assurance conclusion thereon.
In connection with our audits of the consolidated financial statements, our responsibility is to read the
other information identified above when it becomes available and, in doing so, consider whether the other
information is materially inconsistent with the consolidated financial statements or our knowledge
obtained in the audits, or otherwise appears to be materially misstated.
Responsibilities of Management and Those Charged with Governance for the Consolidated
Financial Statements
Management is responsible for the preparation and fair presentation of the consolidated financial
statements in accordance with PFRSs, and for such internal control as management determines is
necessary to enable the preparation of consolidated financial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the consolidated financial statements, management is responsible for assessing the Group’s
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and
using the going concern basis of accounting unless management either intends to liquidate the Group or to
cease operations, or has no realistic alternative but to do so.
Those charged with governance are responsible for overseeing the Group’s financial reporting process.
Auditor’s Responsibilities for the Audit of the Consolidated Financial Statements
Our objectives are to obtain reasonable assurance about whether the consolidated financial statements as a
whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report
that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an
audit conducted in accordance with PSAs will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on the
basis of these consolidated financial statements.

-4-
As part of an audit in accordance with PSAs, we exercise professional judgment and maintain
professional skepticism throughout the audit. We also:
 Identify and assess the risks of material misstatement of the consolidated financial statements,
whether due to fraud or error, design and perform audit procedures responsive to those risks, and
obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of
not detecting a material misstatement resulting from fraud is higher than for one resulting from error,
as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of
internal control.
 Obtain an understanding of internal control relevant to the audit in order to design audit procedures
that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the Group’s internal control.
 Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by management.
 Conclude on the appropriateness of management’s use of the going concern basis of accounting and,
based on the audit evidence obtained, whether a material uncertainty exists related to events or
conditions that may cast significant doubt on the Group’s ability to continue as a going concern. If
we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s
report to the related disclosures in the consolidated financial statements or, if such disclosures are
inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to
the date of our auditor’s report. However, future events or conditions may cause the Group to cease
to continue as a going concern.
 Evaluate the overall presentation, structure and content of the consolidated financial statements,
including the disclosures, and whether the consolidated financial statements represent the underlying
transactions and events in a manner that achieves fair presentation.
 Obtain sufficient appropriate audit evidence regarding the financial information of the entities or
business activities within the Group to express an opinion on the consolidated financial statements.
We are responsible for the direction, supervision and performance of the audit. We remain solely
responsible for our audit opinion.
We communicate with those charged with governance regarding, among other matters, the planned scope
and timing of the audit and significant audit findings, including any significant deficiencies in internal
control that we identify during our audit.

-5-
We also provide those charged with governance with a statement that we have complied with relevant
ethical requirements regarding independence, and to communicate with them all relationships and other
matters that may reasonably be thought to bear on our independence, and where applicable, related
safeguards.
From the matters communicated with those charged with governance, we determine those matters that
were of most significance in the audit of the consolidated financial statements of the current period and
are therefore the key audit matters. We describe these matters in our auditor’s report unless law or
regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we
determine that a matter should not be communicated in our report because the adverse consequences of
doing so would reasonably be expected to outweigh the public interest benefits of such communication.
The engagement partner on the audit resulting in this independent auditor’s report is Johnny F. Ang.
SYCIP GORRES VELAYO & CO.
Johnny F. Ang
Partner
CPA Certificate No. 0108257
SEC Accreditation No. 1284-AR-2 (Group A),
May 16, 2019, valid until May 15, 2022
Tax Identification No. 221-717-423
BIR Accreditation No. 08-001998-101-2018,
November 6, 2018, valid until November 5, 2021
PTR No. 8534213, January 4, 2021, Makati City
February 24, 2021

PHILIPP INE SEVEN CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
December 31
2020 2019
ASSETS
Current Assets
Cash and cash equivalents (Notes 4, 28 and 29) =5,137,144,792 =
P P4,624,655,095
Short-term investment (Notes 4, 28 and 29) 11,493,502 11,389,621
Receivables (Notes 5, 25, 28 and 29) 3,674,543,057 3,430,979,113
Inventories (Notes 6 and 18) 4,243,099,966 4,164,073,340
Prepayments and other current assets (Notes 7, 28 and 29) 830,512,756 472,351,337
Total Current Assets 13,896,794,073 12,703,448,506
Noncurrent Assets
Property and equipment (Note 8) 6,336,643,785 7,023,486,002
Right-of-use asset (Note 25) 6,975,912,246 7,549,790,375
Goodwill and other noncurrent assets (Notes 10 and 29) 462,636,786 670,343,702
Receivables - net of current portion (Notes 5, 28 and 29) 58,024,244 207,766,169
Deposits (Notes 9, 29 and 30) 1,055,456,946 1,002,878,994
Deferred tax assets - net (Notes 2 and 26) 963,539,389 515,950,406
Total Noncurrent Assets 15,852,213,396 16,970,215,648
TOTAL ASSETS =29,749,007,469 P
P =29,673,664,154
LIABILITIES AND EQUITY

Current Liabilities
Bank loans (Notes 11, 28 and 29) P
=830,000,000 P65,000,000
=
Current portion of long-term debt (Notes 11, 28 and 29) 241,690,058 160,440,058
Accounts payable and accrued expenses (Notes 12, 28 and 29) 5,954,411,302 6,785,772,198
Lease liabilities - current (Note 25) 2,125,633,197 2,006,019,727
Current portion of contract liabilities (Note 13) 510,441,833 418,715,881
Income tax payable 266,514 218,851,309
Other current liabilities (Notes 14, 24 and 29) 4,201,875,385 4,051,960,551
Total Current Liabilities 13,864,318,289 13,706,759,724
Noncurrent Liabilities
Long-term debt - net of current portion (Notes 11, 28 and 29) 1,091,725,146 333,415,205
Lease liabilities - net of current portion (Note 25) 6,487,085,252 6,753,525,570
Deposits payable (Note 15) 361,995,615 313,328,714
Contract liabilities - net of current portion (Note 13) 141,915,647 191,702,318
Net retirement obligations (Note 23) 442,099,746 331,343,566
Cumulative redeemable preferred shares (Notes 16, 28 and 29) 6,000,000 6,000,000
Total Noncurrent Liabilities 8,530,821,406 7,929,315,373
Total Liabilities =22,395,139,695 P
P =21,636,075,097
(Forward)

-2-
December 31
2020 2019
Equity
Common stock (Note 17) P
=757,104,533 P757,104,533
=
Additional paid-in capital 293,525,037 293,525,037
Retained earnings (Note 17)
Appropriated 6,100,000,000 6,100,000,000
Unappropriated 331,691,101 978,334,123
Other comprehensive loss
Remeasurement loss on net retirement obligations - net of tax
(Note 23) (125,529,651) (88,451,390)
7,356,791,020 8,040,512,303
Cost of own shares held in treasury (Notes 17 and 30) (2,923,246) (2,923,246)
Total Equity 7,353,867,774 8,037,589,057
TOTAL LIABILITIES AND EQUITY =29,749,007,469 P
P =29,673,664,154
See accompanying Notes to Consolidated Financial Statements.

PHILIPPINE SEVEN CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Years Ended December 31

2020 2019 2018
INCOME
Revenue from contracts with customers
(Note 13) =43,645,923,273 =
P P52,950,902,607 =P43,770,478,130
Rental income 148,687,434 137,107,640 62,704,247
Interest income (Note 21) 53,372,316 37,582,393 17,103,612
Other income (Note 25) 181,987,512 62,037,334 49,843,414
44,029,970,535 53,187,629,974 43,900,129,403
EXPENSES
Cost of merchandise sales (Note 18) 28,783,351,394 34,368,460,873 27,911,183,499
General and administrative expenses (Note 19) 14,674,175,998 15,794,863,340 13,652,608,770
Interest expense (Note 20) 1,064,345,224 897,502,571 76,542,124
Other expenses 73,324,948 45,862,835 46,486,514
44,595,197,564 51,106,689,619 41,686,820,907
INCOME (LOSS) BEFORE INCOME TAX (565,227,029) 2,080,940,355 2,213,308,496
PROVISION FOR (BENEFIT FROM)

INCOME TAX (Note 26) (145,509,492) 636,366,870 681,552,230
NET INCOME (LOSS) (419,717,537) 1,444,573,485 1,531,756,266
OTHER COMPREHENSIVE INCOME

(LOSS) NOT TO BE RECLASSIFIED
TO PROFIT AND LOSS IN
SUBSEQUENT PERIODS
Remeasurement gain (loss) on net
retirement obligations (Note 23) (52,968,944) (148,058,013) 73,699,282
Income tax effect 15,890,683 44,417,404 (22,109,783)
OTHER COMPREHENSIVE INCOME

(LOSS) – NET OF TAX (37,078,261) (103,640,609) 51,589,499
TOTAL COMPREHENSIVE INCOME

(LOSS) (P
=456,795,798) =1,340,932,876
P =1,583,345,765
P
BASIC/DILUTED EARNINGS (LOSS)

PER SHARE (Note 27) (P
=0.55) =1.91
P =2.03
P

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
FOR THE YEARS ENDED DECEMBER 31, 2020, 2019 AND 2018
Remeasurement
Gain (Loss) on
Net Retirement
Obligations- Treasury
Common Stock Additional Retained Earnings (Note 17) net of tax Stock
(Note 17) Paid-in Capital Appropriated Unappropriated (Note 23) Total (Note 17) Total
Balances at January 1, 2020 P=757,104,533 P
=293,525,037 P
=6,100,000,000 P
=978,334,123 (P
=88,451,390) P
=8,040,512,303 (P
=2,923,246) P
=8,037,589,057
Net loss – – – (419,717,537) – (419,717,537) – (419,717,537)
Remeasurement loss on net retirement obligations – – – – (37,078,261) (37,078,261) – (37,078,261)
Total comprehensive loss – – – (419,717,537) (37,078,261) (456,795,798) – (456,795,798)
Cash dividends – – – (226,925,485) – (226,925,485) – (226,925,485)
Balances at December 31, 2020 P=757,104,533 P
=293,525,037 P
=6,100,000,000 P
=331,691,101 (P
=125,529,651) P
= 7,356,791,020 (P
=2,923,246) P
= 7,353,867,774
Balances at January 1, 2019 =757,104,533

P =293,525,037
P =5,100,000,000
P =911,969,780
P =15,189,219
P =7,077,788,569
P (P
=2,923,246) =7,074,865,323
P
Net income – – – 1,444,573,485 – 1,444,573,485 – 1,444,573,485
Remeasurement loss on net retirement obligations – – – – (103,640,609) (103,640,609) – (103,640,609)
Total comprehensive income – – – 1,444,573,485 (103,640,609) 1,340,932,876 – 1,340,932,876
Reversal of appropriations – – (900,000,000) 900,000,000 – – – –
Appropriations – – 1,900,000,000 (1,900,000,000) – – – –
Cash dividends – – (378,209,142) – (378,209,142) – (378,209,142)
Balances at December 31, 2019 =757,104,533
P =293,525,037
P =6,100,000,000
P P
=978,334,123 (P
=88,451,390) P
=8,040,512,303 (P
=2,923,246) P
=8,037,589,057
Balances as at January 1, 2018 =757,104,533

P =293,525,037
P =4,350,000,000
P =455,473,375
P (P
=36,400,280) =5,819,702,665
P (P
=2,923,246) =5,816,779,419
P
Net income – – – 1,531,756,266 – 1,531,756,266 – 1,531,756,266
Remeasurement gain on net retirement obligations – – – – 51,589,499 51,589,499 – 51,589,499
Total comprehensive income – – – 1,531,756,266 51,589,499 1,583,345,765 – 1,583,345,765
Reversal of appropriations – – (2,450,000,000) 2,450,000,000 – – – –
Appropriations – – 3,200,000,000 (3,200,000,000) – – – –
Cash dividends – – – (325,259,861) – (325,259,861) – (325,259,861)
Balances at December 31, 2018 =757,104,533
P =293,525,037
P =5,100,000,000
P =911,969,780
P =15,189,219
P =7,077,788,569
P (P
=2,923,246) =7,074,865,323
P

CONSOLIDATED STATEMENTS OF CASH FLOWS

2020 2019 2018
CASH FLOWS FROM OPERATING ACTIVITIES

Income/(loss) before income tax (P
=565,227,029) =2,080,940,355
P =2,213,308,496
P
Adjustments for:
Depreciation and amortization (Notes 8, 19, and 25) 4,281,848,217 3,833,029,584 1,946,617,252
Interest expense (Note 20) 1,064,345,224 897,502,571 76,542,124
Amortization of:
Deferred lease (Notes 7 and 25) – – 8,706,319
Software and other program costs
(Notes 10 and 19) 2,858,880 9,238,968 946,389
Net retirement benefits cost (Notes 22 and 23) 77,787,236 90,158,015 44,888,237
Write-off of property and equipment (Note 8) – 4,472,711 –
Interest income (Note 21) (53,372,316) (37,582,393) (17,103,612)
Unrealized foreign exchange loss (gain) 185,067 170,037 (195,410)
Rent concession (Note 25) (147,747,363) – –
Operating income before working capital changes 4,660,677,916 6,877,929,848 4,273,709,795
Decrease (increase) in:
Receivables (393,464,472) (395,551,729) (470,881,692)
Inventories (79,026,626) (620,693,891) (795,467,273)
Prepayments and other current assets (417,427,204) 100,210,016 (72,448,706)
Increase (decrease) in:
Accounts payable and accrued expenses (820,716,098) 1,351,910,041 1,324,974,586
Other current liabilities 149,914,834 1,719,387,016 809,314,545
Contract liabilities 23,097,525 94,878,199 32,071,821
Deposits payable 8,297,175 24,272,036 27,306,851
Retirement benefits paid (Note 23) – (1,630,917) –
Retirement benefits contributions (Note 23) (20,000,000) (23,000,000) (11,000,000)
Net cash generated from operations 3,111,353,050 9,127,710,619 5,117,579,927
Income taxes paid (504,773,603) (961,953,298) (696,726,174)
Interest received 53,372,316 24,514,484 8,370,792
Net cash provided by operating activities 2,659,951,763 8,190,271,805 4,429,224,545
CASH FLOWS FROM INVESTING ACTIVITIES

Additions to:
Property and equipment (Note 8) (1,765,858,118) (3,118,424,273) (2,234,656,893)
Software and other program costs (Note 10) (3,727,643) (13,963,034) –
Decrease (increase) in:
Deposits (81,049,716) (52,919,734) (95,206,528)
Goodwill and other noncurrent assets 358,317,604 (420,803,935) (21,517,179)
Short-term investments (103,881) (102,942) (102,012)
Proceeds from sale of property and equipment – 62,292 –
Net cash used in investing activities (1,492,421,754) (3,606,151,626) (2,351,482,612)
(Forward)
CONSOLIDATED STATEMENTS OF CASH FLOWS

2020 2019 2018
CASH FLOWS FROM FINANCING ACTIVITIES

Availments of:
Bank loans (Note 11) P
=5,437,000,000 P230,000,000
= P720,000,000
=
Long-term debt (Note 11) 1,000,000,000 200,000,000 75,000,000
Payments of:
Bank loans (Note 11) (4,672,000,000) (575,000,000) (970,000,000)
Long-term debt (Note 11) (160,440,059) (546,561,404) (305,416,666)
Leases (Note 25) (1,909,286,903) (2,005,362,761) –
Cash dividends paid (Note 17) (226,925,485) (378,209,142) (325,259,861)
Interest paid (123,202,798) (65,828,396) (59,553,145)
Net cash used in financing activities (654,855,245) (3,140,961,703) (865,229,672)
NET INCREASE IN CASH AND CASH

EQUIVALENTS 512,674,764 1,443,158,476 1,212,512,261
EFFECT OF EXCHANGE RATE CHANGES

ON CASH (185,067) (170,037) 195,410
CASH AND CASH EQUIVALENTS AT BEGINNING

OF YEAR 4,624,655,095 3,181,666,656 1,968,958,985
CASH AND CASH EQUIVALENTS AT END

OF YEAR (Note 4) P
=5,137,144,792 =4,624,655,095
P =3,181,666,656
P

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
1. Corporate Information and Authorization for Issuance of the Consolidated Financial

Statements
Corporate Information
Philippine Seven Corporation (the Company or PSC) was incorporated in the Philippines and
registered with the Philippine Securities and Exchange Commission (SEC) on November 24, 1982.
The Company and its subsidiaries (collectively referred to as the “Group”), are primarily engaged in
the business of retailing, merchandising, buying, selling, marketing, importing, exporting,
franchising, acquiring, holding, distributing, warehousing, trading, exchanging, collection and
acceptance of payments or otherwise dealing in all kinds of grocery items, dry goods, food or
foodstuff, beverages, drinks and all kinds of consumer needs or requirements and in connection
therewith, operating or maintaining warehouses, storages, delivery vehicles and similar or incidental
facilities. The Group is also engaged in the management, development, sale, exchange, and holding
for investment or otherwise of real estate of all kinds, including buildings, houses and apartments and
other structures.
The Company is controlled by President Chain Store (Labuan) Holdings, Ltd., an investment holding
Company incorporated in Malaysia, which owns 52.22% of the Company’s outstanding shares. The
remaining 47.78% of the shares are widely held including the public float. The ultimate parent of the
Company is Uni-President Enterprises Corporation, which is incorporated in Taiwan, Republic of
China.
The Company has its primary listing with the Philippine Stock Exchange (PSE) on February 4, 1998.
The Company is registered as an Operator of Payment System with the Bangko Sentral ng Pilipinas in
March 17, 2020, subject to the rules and regulations of the latter.
The registered business address of the Company is 7th Floor, The Columbia Tower, Ortigas Avenue,
Mandaluyong City.
As at December 31, 2020, the Company is operating 2,978 stores, 1,499 of which are franchise stores
and the remaining 1,479 are company-owned stores.
Authorization for Issuance of the Consolidated Financial Statements

The consolidated financial statements were authorized for issue by the Board of Directors (BOD) on
February 24, 2021.
2. Summary of Significant Accounting Policies and Financial Reporting Practices
Basis of Preparation
The consolidated financial statements are prepared under the historical cost basis. The consolidated
=), which is the Company’s functional currency
financial statements are presented in Philippine Peso (P
and all amounts are rounded to the nearest Peso except when otherwise indicated.
Statement of Compliance
The consolidated financial statements are prepared in compliance with Philippine Financial Reporting
Standards (PFRS).
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Changes in Accounting Policies

The accounting policies adopted are consistent with those of the previous financial year, except that
the Group has adopted the following new accounting pronouncements starting January 1, 2020. The
Group has not early adopted any standard, interpretation or amendment that has been issued but is not
yet effective.
Unless otherwise indicated, adoption of these new standards did not have an impact on the
consolidated financial statements of the Group.
 Amendments to PFRS 3, Business Combinations, Definition of a Business
The amendments to PFRS 3 clarifies that to be considered a business, an integrated set of

activities and assets must include, at a minimum, an input and a substantive process that together
significantly contribute to the ability to create output. Furthermore, it clarifies that a business can
exist without including all of the inputs and processes needed to create outputs. These
amendments may impact future periods should the Group enter into any business combinations.
 Amendments to PFRS 7, Financial Instruments: Disclosures and PFRS 9, Financial Instruments,

Interest Rate Benchmark Reform
The amendments to PFRS 9 provide a number of reliefs, which apply to all hedging relationships
that are directly affected by the interest rate benchmark reform. A hedging relationship is
affected if the reform gives rise to uncertainties about the timing and or amount of benchmark-
based cash flows of the hedged item or the hedging instrument.
 Amendments to PAS 1, Presentation of Financial Statements, and PAS 8, Accounting Policies,

Changes in Accounting Estimates and Errors, Definition of Material
The amendments provide a new definition of material that states “information is material if
omitting, misstating or obscuring it could reasonably be expected to influence decisions that the
primary users of general purpose financial statements make on the basis of those financial
statements, which provide financial information about a specific reporting entity.”
The amendments clarify that materiality will depend on the nature or magnitude of information,
either individually or in combination with other information, in the context of the financial
statements. A misstatement of information is material if it could reasonably be expected to
influence decisions made by the primary users.
 Conceptual Framework for Financial Reporting issued on March 29, 2018
The Conceptual Framework is not a standard, and none of the concepts contained therein override
the concepts or requirements in any standard. The purpose of the Conceptual Framework is to
assist the standard-setters in developing standards, to help preparers develop consistent
accounting policies where there is no applicable standard in place and to assist all parties to
understand and interpret the standards.
The revised Conceptual Framework includes new concepts, provides updated definitions and
recognition criteria for assets and liabilities and clarifies some important concepts.
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 Amendments to PFRS 16, COVID-19-related Rent Concessions
The amendments provide relief to lessees from applying the PFRS 16 requirement on lease
modifications to rent concessions arising as a direct consequence of the COVID-19 pandemic. A
lessee may elect not to assess whether a rent concession from a lessor is a lease modification if it
meets all of the following criteria:
o The rent concession is a direct consequence of COVID-19;

o The change in lease payments results in a revised lease consideration that is substantially
the same as, or less than, the lease consideration immediately preceding the change;
o Any reduction in lease payments affects only payments originally due on or before
June 30, 2021; and
o There is no substantive change to other terms and conditions of the lease.
A lessee that applies this practical expedient will account for any change in lease payments
resulting from the COVID-19 related rent concession in the same way it would account for a
change that is not a lease modification, i.e., as a variable lease payment.
The amendments are effective for annual reporting periods beginning on or after June 1, 2020.
Early adoption is permitted. The amendments were early adopted by the Group beginning
January 1, 2020 and its impact was reflected in the consolidated financial statements as at
December 31, 2020 (see Note 25).
Standards Issued but not yet Effective

Pronouncements issued but not yet effective are listed below. Unless otherwise indicated, the Group
does not expect that the future adoption of the said pronouncements will have a significant impact on
its consolidated financial statements. The Group intends to adopt the following pronouncements when
they become effective.
Effective beginning on or after January 1, 2021
 Amendments to PFRS 9, PFRS 7, PFRS 4 and PFRS 16, Interest Rate Benchmark Reform –
Phase 2
The amendments provide the following temporary reliefs which address the financial reporting
effects when an interbank offered rate (IBOR) is replaced with an alternative nearly risk-free
interest rate (RFR):
o Practical expedient for changes in the basis for determining the contractual cash flows as
a result of IBOR reform
o Relief from discontinuing hedging relationships
o Relief from the separately identifiable requirement when an RFR instrument is
designated as a hedge of a risk component
The Group shall also disclose information about:

o The about the nature and extent of risks to which the entity is exposed arising from
financial instruments subject to IBOR reform, and how the entity manages those risks;
and
o Their progress in completing the transition to alternative benchmark rates, and how the
entity is managing that transition
The amendments are effective for annual reporting periods beginning on or after January 1, 2021
and apply retrospectively.
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 Amendments to PFRS 3, Reference to the Conceptual Framework
The amendments are intended to replace a reference to the Framework for the Preparation and
Presentation of Financial Statements, issued in 1989, with a reference to the Conceptual
Framework for Financial Reporting issued in March 2018 without significantly changing its
requirements. The amendments added an exception to the recognition principle of PFRS 3,
Business Combinations to avoid the issue of potential ‘day 2’gains or losses arising for liabilities
and contingent liabilities that would be within the scope of PAS 37, Provisions, Contingent
Liabilities and Contingent Assets or Philippine-IFRIC 21, Levies, if incurred separately.
At the same time, the amendments add a new paragraph to PFRS 3 to clarify that contingent
assets do not qualify for recognition at the acquisition date.
and apply prospectively.
 Amendments to PAS 16, Plant and Equipment: Proceeds before Intended Use
The amendments prohibit entities deducting from the cost of an item of property, plant and
equipment, any proceeds from selling items produced while bringing that asset to the location and
condition necessary for it to be capable of operating in the manner intended by management.
Instead, an entity recognizes the proceeds from selling such items, and the costs of producing
those items, in profit or loss.
The amendment is effective for annual reporting periods beginning on or after January 1, 2022
and must be applied retrospectively to items of property, plant and equipment made available for
use on or after the beginning of the earliest period presented when the entity first applies the
amendment.
 Amendments to PAS 37, Onerous Contracts – Costs of Fulfilling a Contract
The amendments specify which costs an entity needs to include when assessing whether a
contract is onerous or loss-making. The amendments apply a “directly related cost approach”.
The costs that relate directly to a contract to provide goods or services include both incremental
costs and an allocation of costs directly related to contract activities. General and administrative
costs do not relate directly to a contract and are excluded unless they are explicitly chargeable to
the counterparty under the contract.
The amendments are effective for annual reporting periods beginning on or after January 1, 2022.
The Group will apply these amendments to contracts for which it has not yet fulfilled all its
obligations at the beginning of the annual reporting period in which it first applies the
amendments.
 Annual Improvements to PFRSs 2018-2020 Cycle
o Amendments to PFRS 1, First-time Adoption of Philippines Financial Reporting Standards,

Subsidiary as a first-time adopter
o
The amendment permits a subsidiary that elects to apply paragraph D16(a) of PFRS 1 to
measure cumulative translation differences using the amounts reported by the parent, based
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on the parent’s date of transition to PFRS. This amendment is also applied to an associate or
joint venture that elects to apply paragraph D16(a) of PFRS 1.
The amendment is effective for annual reporting periods beginning on or after January 1,
2022 with earlier adoption permitted.
o Amendments to PFRS 9, Financial Instruments, Fees in the ’10 per cent’ test for
derecognition of financial liabilities
The amendment clarifies the fees that an entity includes when assessing whether the terms of
a new or modified financial liability are substantially different from the terms of the original
financial liability. These fees include only those paid or received between the borrower and
the lender, including fees paid or received by either the borrower or lender on the other’s
behalf. An entity applies the amendment to financial liabilities that are modified or
exchanged on or after the beginning of the annual reporting period in which the entity first
applies the amendment.
The amendment is effective for annual reporting periods beginning on or after January 1,
2022 with earlier adoption permitted. The Group will apply the amendments to financial
liabilities that are modified or exchanged on or after the beginning of the annual reporting
period in which the entity first applies the amendment.
o Amendments to PAS 41, Agriculture, Taxation in fair value measurements
The amendment removes the requirement in paragraph 22 of PAS 41 that entities exclude
cash flows for taxation when measuring the fair value of assets within the scope of
PAS 41.
An entity applies the amendment prospectively to fair value measurements on or after the
beginning of the first annual reporting period beginning on or after January 1, 2022 with
earlier adoption permitted.
 Amendments to PAS 1, Classification of Liabilities as Current or Non-current
The amendments clarify paragraphs 69 to 76 of PAS 1, Presentation of Financial Statements, to

specify the requirements for classifying liabilities as current or non-current. The amendments
clarify:
o What is meant by a right to defer settlement
o That a right to defer must exist at the end of the reporting period
o That classification is unaffected by the likelihood that an entity will exercise its deferral
right
o That only if an embedded derivative in a convertible liability is itself an equity instrument
would the terms of a liability not impact its classification
and must be applied retrospectively.
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-6-
 PFRS 17, Insurance Contracts
PFRS 17 is a comprehensive new accounting standard for insurance contracts covering

recognition and measurement, presentation and disclosure. Once effective, PFRS 17 will replace
PFRS 4, Insurance Contracts. This new standard on insurance contracts applies to all types of
insurance contracts (i.e., life, non-life, direct insurance and re-insurance), regardless of the type of
entities that issue them, as well as to certain guarantees and financial instruments with
discretionary participation features. A few scope exceptions will apply.
The overall objective of PFRS 17 is to provide an accounting model for insurance contracts that
is more useful and consistent for insurers. In contrast to the requirements in PFRS 4, which are
largely based on grandfathering previous local accounting policies, PFRS 17 provides a
comprehensive model for insurance contracts, covering all relevant accounting aspects. The core
of PFRS 17 is the general model, supplemented by:
o A specific adaptation for contracts with direct participation features (the variable fee
approach)
o A simplified approach (the premium allocation approach) mainly for short-duration
contracts
PFRS 17 is effective for reporting periods beginning on or after January 1, 2023, with
comparative figures required. Early application is permitted.
Deferred effectivity
 Amendments to PFRS 10, Consolidated Financial Statements, and PAS 28, Sale or Contribution
of Assets between an Investor and its Associate or Joint Venture
The amendments address the conflict between PFRS 10 and PAS 28 in dealing with the loss of
control of a subsidiary that is sold or contributed to an associate or joint venture. The
amendments clarify that a full gain or loss is recognized when a transfer to an associate or joint
venture involves a business as defined in PFRS 3. Any gain or loss resulting from the sale or
contribution of assets that does not constitute a business, however, is recognized only to the
extent of unrelated investors’ interests in the associate or joint venture.
On January 13, 2016, the Financial Reporting Standards Council deferred the original effective
date of January 1, 2016 of the said amendments until the International Accounting Standards
Board (IASB) completes its broader review of the research project on equity accounting that may
result in the simplification of accounting for such transactions and of other aspects of accounting
for associates and joint ventures.
Basis of Consolidation
The consolidated financial statements comprise the financial statements of the Company and its
subsidiaries. Control is achieved when the Group is exposed, or has rights, to variable returns from
its involvement with the investee and has the ability to affect those returns through its power over the
investee. Specifically, the Group controls an investee if and only if the Group has:
 Power over the investee (i.e., existing rights that give it the current ability to direct the relevant
activities of the investee);
 Exposure, or rights, to variable returns from its involvement with the investee; and
 The ability to use its power over the investee to affect its returns.
When the Group has less than a majority of the voting or similar rights of an investee, the Group
considers all relevant facts and circumstances in assessing whether it has power over an investee,
including:
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 The contractual arrangement with the other vote holders of the investee;
 Rights arising from other contractual arrangements; and
 The Group’s voting rights and potential voting rights.
The Group reassesses whether or not it controls an investee if facts and circumstances indicate that
there are changes to one (1) or more of the three (3) elements of control. Consolidation of a
subsidiary begins when the Group obtains control over the subsidiary and ceases when the Group
loses control of the subsidiary. Assets, liabilities, income and expenses of a subsidiary acquired or
disposed of during the year are included in the consolidated financial statements from the date the
Group gains control until the date the Group ceases to control the subsidiary.
When necessary, adjustments are made to the financial statements of subsidiaries to bring their
accounting policies in line with the Group’s accounting policies. All intra-group assets and liabilities,
equity, income, expenses and cash flows relating to transactions between members of the Group are
eliminated in full on consolidation.
A change in the ownership interest of a subsidiary, without a loss of control, is accounted for as an
equity transaction. If the Company loses control over a subsidiary, it:
 Derecognizes the assets (including goodwill) and liabilities of the subsidiary;
 Derecognizes the carrying amount of any non-controlling interests;
 Derecognizes the cumulative translation differences recorded in equity;
 Recognizes the fair value of the consideration received;
 Recognizes the fair value of any investment retained;
 Recognizes any surplus or deficit in profit or loss; and
 Reclassifies the Company’s share of components previously recognized in other comprehensive
income (OCI) to profit or loss or retained earnings, as appropriate, as would be required if the
Company had directly disposed of the related assets or liabilities.
The consolidated financial statements include the accounts of the Company and the following wholly
owned subsidiaries:
Country of Percentage of
Incorporation Principal Activity Ownership
Convenience Distribution, Inc. (CDI) Philippines Warehousing, 100%
Distribution and
Retailing
Store Sites Holding, Inc. (SSHI) Philippines Holding 100%
SSHI’s capital stock, which is divided into 40% common shares and 60% preferred shares, are owned
by the Company and by Philippine Seven Corporation-Employees Retirement Plan (PSC-ERP),
respectively. These preferred shares, which accrue and pay guaranteed preferred dividends and are
redeemable at the option of the holder, are recognized as a financial liability in accordance with PFRS
(see Note 16). The Company owns 100% of SSHI’s common shares, which, together with common
key management, gives the Company control over SSHI.
The financial statements of the subsidiaries are prepared for the same financial reporting period as the
Company, using uniform accounting policies. Intercompany transactions, balances and unrealized
gains and losses are eliminated in full.
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Cash and Cash Equivalents

Cash includes cash on hand and cash in banks. Cash in banks earn interest at the prevailing bank
deposit rates. Cash equivalents are short-term, highly liquid investments that are readily convertible
to known amounts of cash with original maturities of three (3) months or less from the date of
acquisition and are subject to insignificant risk of change in value.
Financial Instruments
A financial instrument is any contract that gives rise to a financial asset of an entity and a financial
liability or equity instrument of another entity.
Date of Recognition
The Group recognizes a financial asset or a financial liability in the consolidated statements of
financial position when it becomes a party to the contractual provisions of the instrument. Purchases
or sales of financial assets that require delivery of assets within the time frame established by
regulation or convention in the marketplace are recognized on the settlement date.
Financial Assets
Initial Recognition and Measurement

Financial assets are classified, at initial recognition, as subsequently measured at amortized cost, fair
value through other comprehensive income (FVOCI), and fair value through profit or loss (FVPL).
The classification at initial recognition depends on the contractual cash flow characteristics of
financial assets and the Group’s business model for managing them. The initial measurement of
financial assets, except for those classified as FVPL, includes the transaction cost. With the
exception of trade receivables that do not contain a significant financing component or for which the
Group has applied the practical expedient, the Group initially measures a financial asset at its fair
value plus, in the case of a financial asset not at FVPL, transaction costs. Trade receivables that do
not contain significant financing component or for which the Group has applied the practical
expedient are measured at the transaction price determined under PFRS 15, Revenue from Contracts
with Customers.
In order for a financial asset to be classified and measured at amortized cost or FVOCI, it needs to
give rise to cash flows that are ‘solely payments of principal and interest (SPPI)’ on the principal
amount outstanding. This assessment is referred to as the SPPI test and is performed at an instrument
level.
The Group’s business model for managing financial assets refers to how it manages its financial
assets in order to generate cash flows. The business model determines whether cash flows will result
from collecting contractual cash flows, selling the financial assets, or both.
Subsequent Measurement
For purposes of subsequent measurement, financial assets are classified in four (4) categories:
 Financial assets at amortized cost (debt instruments);
 Financial assets at FVOCI with recycling of cumulative gains and losses (debt instruments);
 Financial assets at FVOCI with no recycling of cumulative gains and losses upon derecognition
(equity instruments); and
 Financial assets at FVPL.
The Group measures financial assets at amortized cost if both of the following conditions are met:
 The financial asset is held within a business model with the objective to hold financial assets in
order to collect contractual cash flows; and
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 The contractual terms of the financial asset give rise on specified dates to cash flows that are
solely payments of principal and interest on the principal amount outstanding.
Financial assets at amortized cost are subsequently measured using effective interest rate (EIR)
method and are subject to impairment. Gains and losses are recognized in profit or loss when the
asset is derecognized, modified or impaired.
Financial assets at amortized cost are classified as current assets when the Group expects to realize
the asset within 12 months from reporting date. Otherwise, these are classified as noncurrent assets.
The Group’s financial assets at amortized cost consist of cash and cash equivalents and short-term
investment, receivables and deposits (excluding non-refundable rent deposits) (see Notes 4, 5 and 9).
The Group has no financial assets at FVOCI (debt instruments), financial assets designated at FVOCI
(equity instruments) and financial assets at FVPL.
Impairment of Financial Assets

The Group recognizes an allowance for expected credit losses (ECLs) for all debt instruments not
held at fair value through profit or loss. ECLs are based on the difference between the contractual
cash flows due in accordance with the contract and all the cash flows that the Group expects to
receive, discounted at an approximation of the original effective interest rate. The expected cash
flows will include cash flows from the sale of collateral held or other credit enhancements that are
integral to the contractual terms.
ECLs are recognized in 2 stages. For credit exposures for which there has not been a significant
increase in credit risk since initial recognition, ECLs are provided for credit losses that result from
default events that are possible within the next 12-months (a 12-month ECL). For those credit
exposures for which there has been a significant increase in credit risk since initial recognition, a loss
allowance is required for credit losses expected over the remaining life of the exposure, irrespective
of the timing of the default (a lifetime ECL).
For receivables, the Group applies a simplified approach in calculating ECLs. Therefore, the Group
does not track changes in credit risk, but instead recognizes a loss allowance based on lifetime ECLs
at each reporting date. The Group establishes a provision matrix that is based on its historical credit
loss experience, adjusted for forward-looking factors specific to the debtors and the economic
environment.
The Group considers a financial asset in default when contractual payments are 90-days past due.
However, in certain cases, the Group may also consider a financial asset to be in default when
internal or external information indicates that the Group is unlikely to receive the outstanding
contractual amounts in full before taking into account any credit enhancements held by the Group. A
financial asset is written off when there is no reasonable expectation of recovering the contractual
cash flows.
Financial liabilities
Initial Recognition and Measurement

Financial liabilities are measured at amortized cost, except for the following:
 Financial liabilities measured at FVPL;
 Financial liabilities that arise when a transfer of a financial asset does not qualify for
derecognition of when the Group retains continuing involvement;
 Financial guarantee contracts;
 Commitments to provide a loan at a below-market interest rate; and
 Contingent consideration recognized by an acquirer in accordance with PFRS 3.
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Subsequent Measurement
A financial liability may be designated at FVPL if it eliminates or significantly reduces a
measurement or recognition inconsistency (an accounting mismatch):
 If a host contract contains 1 or more embedded derivatives; or
 If a group of financial liabilities or financial assets and liabilities is managed and its
performance evaluated on a fair value basis is accordance with a documented risk
management or investment strategy.
Where a financial liability is designated at FVPL, the movement in fair value attributable to changes
in the Group’s own credit quality is calculated by determining the changes in credit spreads above
observable market interest rates and is presented separately in OCI.
The Group’s financial liabilities measured at amortized cost include bank loans and long-term debt,
accounts payable and accrued expenses, lease liabilities, deposits payable and other current liabilities
(excluding statutory liabilities), and cumulative redeemable preferred shares (see Notes 11, 12, 14,
15, 16 and 25).
The Group has no financial liabilities at FVPL, and derivatives designated as hedging instruments in
an effective hedge.
Derecognition of Financial Assets and Liabilities
Financial asset
A financial asset (or, where applicable, a part of a financial asset or a part of a group of similar
financial assets) is derecognized (i.e., removed from the Group’s consolidated statements of financial
position) when:
 The contractual rights to the cash flows from the financial asset expire; or
 The Group transfer the contractual rights to receive cash flows of the financial asset in a
transaction in which it either (i) transfers substantially all the risks and rewards of ownership of
the financial asset, or (ii) the Group neither transfers nor retains substantially all risks and
rewards of ownership of the financial asset and the Group has not retained control.
When the Group retains the contractual rights to receive the cash flows of a financial asset but
assumes a contractual obligation to pay those cash flows to 1 or more entities, the Group treats the
transaction as a transfer of a financial asset if the Group:
 Has no obligation to pay amounts to the eventual recipients unless it collects equivalent amounts
from the original asset;
 Is prohibited by the terms of the transfer contract from selling of pledging the original asset other
than as security to the eventual recipients for the obligation to pay them cash flows; and
 Has an obligation to remit any cash flows it collects on behalf of the eventual recipients without
material delay.
Where the Group has transferred its rights to receive cash flows from an asset or has entered into
pass-through arrangement, it evaluates if and to what extent it has retained the risks and rewards of
ownership. When it has neither transferred nor retained substantially all the risks and rewards of the
asset, nor transferred control of the asset, the Group continues to recognize the transferred asset to the
extent of the Group’s continuing involvement. In that case, the Group also recognizes an associated
liability. The transferred asset and the associated liability are measured on a basis that reflects the
rights and obligations that the Group has retained.
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Continuing involvement that takes the form of a guarantee over the transferred asset is measured at
the lower of the original carrying amount of the asset and the maximum amount of consideration that
the Group could be required to repay.
Financial liability
A financial liability is derecognized when the obligation under the liability is discharged, cancelled or
has expired. Where an existing financial liability is replaced by another from the same lender on
substantially different terms, or the terms of an existing liability are substantially modified, such an
exchange or modification is treated as a derecognition of the original liability and the recognition of a
new liability, and the difference in the respective carrying amounts is recognized in profit or loss.
Classification of Financial Instruments Between Liability and Equity

A financial instrument is classified as liability if it provides for a contractual obligation to:
 Deliver cash or another financial asset to another entity;
 Exchange financial assets or financial liabilities with another entity under conditions that are
potentially unfavorable to the Group; or
 Satisfy the obligation other than by the exchange of a fixed amount of cash or another financial
asset for a fixed number of own equity shares.
If the Group does not have an unconditional right to avoid delivering cash or another financial asset
to settle its contractual obligation, the obligation meets the definition of a financial liability. The
components of issued financial instruments that contain both liability and equity elements are
accounted for separately, with the equity component being assigned the residual amount after
deducting from the instrument as a whole the amount separately determined as the fair value of the
liability component on the date of issue.
Offsetting of Financial Instruments

Financial assets and financial liabilities are offset and the net amount is reported in the consolidated
statements of financial position if there is a currently enforceable legal right to offset the recognized
amounts and there is intention to settle on a net basis, or to realize the asset and settle the liability
simultaneously.
The Group assesses that it has a currently enforceable right of offset if the right is not contingent on a
future event, and is legally enforceable in the normal course of business, event of default, and event
of insolvency or bankruptcy of the Group and all of the counterparties.
“Day 1” Difference
Where the transaction price in a non-active market is different from the fair value from other
observable current market transactions in the same instrument or based on a valuation technique
whose variables include only data from observable market, the Group recognizes the difference
between the transaction price and fair value (a “Day 1” difference) in profit or loss unless it qualifies
for recognition as some other type of asset.
In cases where use is made of data which is not observable, the difference between the transaction
price and model value is only recognized in profit or loss when the inputs become observable or when
the instrument is derecognized. For each transaction, the Group determines the appropriate method of
recognizing the “Day 1” difference.
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Current versus Noncurrent Classification

The Group presents assets and liabilities in the consolidated statements of financial position based on
current/noncurrent classification.
An asset is current when it is:
 Expected to be realized or intended to be sold or consumed in normal operating cycle;
 Held primarily for the purpose of trading;
 Expected to be realized within twelve months after the reporting period; or
 Cash or cash equivalent unless restricted from being exchanged or used to settle a liability for
at least twelve months after the reporting period.
All other assets are classified as noncurrent.
A liability is current when:

 It is expected to be settled in normal operating cycle;
 It is held primarily for the purpose of trading;
 It is due to be settled within twelve months after the reporting period; or
 There is no unconditional right to defer the settlement of the liability for at least twelve months
after the reporting period.
The Group classifies all other liabilities as noncurrent.
Deferred tax assets and liabilities are classified as noncurrent assets and liabilities, respectively.
Fair Value Measurement

Fair value is the estimated price that would be received to sell an asset or paid to transfer a liability in
an orderly transaction between market participants at the measurement date. The fair value
measurement is based on the presumption that the transaction to sell the asset or transfer the liability
takes place either:
 In the principal market for the asset or liability; or
 In the absence of a principal market, in the most advantageous market for the asset or
liability.
The principal or the most advantageous market must be accessible by the Group.
The fair value of an asset or a liability is measured using the assumptions that market participants
would use when pricing the asset or liability, assuming that market participants act in their economic
best interest.
A fair value measurement of a non-financial asset takes into account a market participant’s ability to
generate economic benefits by using the asset in its highest and best use or by selling it to another
market participant that would use the asset in its highest and best use.
All assets and liabilities for which fair value is measured or disclosed in the consolidated financial
statements are categorized within the fair value hierarchy, described, as follows, based on lowest
level of input that is significant to the fair value measurement as a whole:
 Level 1 - Quoted (unadjusted) prices in active markets for identical assets or liabilities
 Level 2 - Valuation techniques for which the lowest level input that is significant to the fair
value measurement is directly or indirectly observable
 Level 3 - Valuation techniques for which the lowest level input that is significant to the fair
value measurement is unobservable
For assets and liabilities that are recognized in the consolidated financial statements on a recurring
basis, the Group determines whether transfers have occurred between levels in the hierarchy by re-
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assessing categorization (based on the lowest level input that is significant to the fair value
measurement as a whole) at the end of each reporting period.
The Group uses valuation techniques that are appropriate in the circumstances and for which
sufficient data are available to measure fair value, maximizing the use of relevant observable inputs
and minimizing the use of unobservable inputs. All assets and liabilities for which fair value is
measured and disclosed in the financial statements are categorized within the fair value hierarchy.
For the purpose of fair value disclosures, the Group has determined classes of assets and liabilities on
the basis of the nature, characteristics and risks of the asset or liability and the level of the fair value
hierarchy as explained above.
Fair value measurements disclosures are presented in Note 28 to the consolidated financial
statements.
Inventories
Inventories are stated at the lower of cost and net realizable value (NRV). Cost of inventories is
determined using the first-in, first-out method. NRV is the selling price in the ordinary course of
business, less the estimated cost of marketing and distribution.
Prepayments and Other Current Assets
Prepayments and other current assets are primarily comprised of deferred input value-added tax
(VAT), prepaid taxes, prepaid store expenses, prepaid rent, prepaid gift cards, prepaid uniform,
advances for expenses, supplies, and advances to suppliers. Prepayments and other current assets that
are expected to be realized for no more than 12 months after the reporting date are classified as
current assets; otherwise, these are classified as other noncurrent assets. These are recorded as assets
and expensed when utilized or expired.
Creditable Withholding Tax (CWT) CWTs, which are included under “prepaid taxes” account in the
consolidated statement of financial position, are amounts withheld from income subject to expanded
withholding taxes (EWT). CWTs can be utilized as payment for income taxes provided that these are
properly supported by certificates of creditable tax withheld at source subject to the rules on
Philippine income taxation
Advances for expenses are payments for various expenses paid in advance to support operations of
the Company. These expenses include allowances for site visits, trade checks and personnel training
expenses which are to be liquidated within thirty days from the date the advances were made.
Property and Equipment

Property and equipment, except for land, are carried at cost less accumulated depreciation and
amortization, and any impairment in value.
The initial cost of property and equipment consists of its purchase price and any directly attributable
costs of bringing the asset to its working condition and location for its intended use. Expenditures
incurred after the assets have been put into operation, such as repairs and maintenance and overhaul
costs, are recognized in profit or loss in the period in which the costs are incurred.
In situations where it can be clearly demonstrated that the expenditures have resulted in an increase in
the future economic benefits expected to be obtained from the use of an item of property and
equipment beyond its originally assessed standard of performance, the expenditures are capitalized as
an additional cost of the assets.
Construction in progress includes cost of construction and other direct costs and is stated at cost less
any impairment in value. Construction in progress is not depreciated until such time the relevant
assets are completed and put into operational use.
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The cost of land comprises its purchase price and directly attributable cost incurred. Land is stated at
cost less any impairment in value. Depreciation and amortization commence once the assets are
available for use. It ceases at the earlier of the date that it is classified as noncurrent asset held-for-
sale and the date the asset is derecognized.
Depreciation is computed on a straight-line method over the estimated useful lives of the assets as
follows:
Years
Buildings and improvements 10 to 12
Store furniture and equipment 5 to 10
Furniture and equipment 3 to 5
Transportation equipment 3 to 5
Computer equipment 3
Leasehold improvements are amortized over the estimated useful life of the improvements, eight (8)
years, or the term of the lease, whichever is shorter.
The assets’ estimated useful lives and depreciation and amortization method are reviewed
periodically to ensure that the period and method of depreciation and amortization are consistent with
the expected pattern of economic benefits from the items of property and equipment. When assets are
retired or otherwise disposed of, the cost and the related accumulated depreciation and amortization
and any impairment in value are removed from the accounts and any resulting gain or loss is
recognized in profit or loss.
Fully depreciated assets are retained in the books until disposed.
Deposits Assets
Deposits are amounts paid as guarantee in relation to non-cancellable lease agreements entered into
by the Group. These are initially recognized at fair value. The fair value of the deposit is determined
based on the prevailing market rate of interest implicit to the term.
The excess of the principal amount of the deposit over its fair value is accounted for by the Group as
deferred lease assets. Deferred lease asset is presented as part of ROU assets and depreciated
accordingly over the term of the lease. Interest on the deposit asset is accounted for using the EIR
method by both the Group and lessor.
Intangible Assets
Intangible assets acquired separately are measured on initial recognition at cost. Following initial
recognition, intangible assets are carried at cost less accumulated amortization and any accumulated
impairment loss, if any. Internally-generated intangible assets, if any, excluding capitalized
development costs, are not capitalized and expenditure is reflected in profit or loss in which the
expenditure is incurred.
The useful lives of intangible assets are assessed to be either finite or indefinite. Intangible assets
with finite lives are amortized over the useful economic life and assessed for impairment whenever
there is an indication that the intangible asset may be impaired. The amortization period and
amortization method for an intangible asset with a finite useful life is reviewed at least at each
reporting date. Changes in the expected useful life or the expected pattern of consumption of future
economic benefits embodied in the asset is accounted for by changing the amortization period or
method, as appropriate, and treated as changes in accounting estimates. The amortization expense on
intangible assets with finite lives is recognized in profit or loss in the expense category consistent
with the function of the intangible asset. Intangible assets with indefinite useful lives are tested for
impairment annually at the cash generating unit (CGU) level and are not amortized. The useful life of
an intangible asset with an indefinite life is reviewed annually to determine whether indefinite useful
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life assessment continues to be supportable. If not, the change in the useful life assessment from
indefinite to finite is made on a prospective basis. Gains or losses arising from derecognition of an
intangible asset are measured as the difference between the net disposal proceeds, if any, and the
carrying amount of the asset and are recognized in profit or loss when the asset is derecognized.
Goodwill
Goodwill, included in “Goodwill and other noncurrent assets” account in the consolidated statements
of financial position, represents the excess of the cost of an acquisition over the fair value of the
businesses acquired. After initial recognition, goodwill is measured at cost less any accumulated
impairment losses. Goodwill is tested for impairment annually at the CGU level and are not
amortized.
Software and Program Cost

Software and program cost, which are not specifically identifiable and integral to a specific computer
hardware, are shown under “Goodwill and other noncurrent assets” account in the consolidated
statements of financial position. These are carried at cost, less accumulated amortization and any
impairment in value. Amortization is computed on a straight-line method over their estimated useful
life of five (5) years.
Impairment of Non-Financial Assets

The Group assesses at each reporting date whether there is an indication that its non-financial assets
such as ROU asset, property and equipment, rent deposits and intangible assets may be impaired. If
any such indication exists, or when annual impairment testing for an asset is required, the Group
makes an estimate of the asset’s recoverable amount. An asset’s recoverable amount is the higher of
an asset’s or CGU’s fair value less costs to sell and its value in use and is determined for an
individual asset, unless the asset does not generate cash inflows that are largely independent of those
from other assets or groups of assets. For goodwill, the asset’s recoverable amount is its value in use.
When the carrying amount of an asset exceeds its recoverable amount, the asset is considered
impaired and is written down to its recoverable amount. In assessing value in use, the estimated
future cash flows are discounted to their present value, using a pre-tax discount rate that reflects
current market assessments of the time value of money and risks specific to the asset. Impairment
losses, if any, are recognized in consolidated statements of comprehensive income.
For non-financial assets, excluding goodwill, an assessment is made at each balance sheet date as to
whether there is any indication that previously recognized impairment losses may no longer exist or
may have decreased. If such indication exists, the recoverable amount is estimated. A previously
recognized impairment loss is reversed only if there has been a change in the estimates used to
determine the asset’s recoverable amount since the last impairment loss was recognized. If that is the
case, the carrying amount of the asset is increased to its recoverable amount. That increased amount
cannot exceed the carrying amount that would have been determined, net of depreciation and
amortization, had no impairment loss been recognized for the asset in previous years. Such reversal
is recognized in consolidated statements of comprehensive income, unless the asset is carried at
revalued amount, in which case, the reversal is treated as a revaluation increase. After such reversal,
the depreciation charge is adjusted in the future periods to allocate the asset’s revised carrying
amount, less any residual value, on a systematic basis over its remaining useful life.
Goodwill is tested for impairment, annually or more frequently if event or changes in circumstances
indicate that the carrying value may be impaired. Impairment is determined for goodwill by assessing
the recoverable amount of the CGU or group of CGUs to which the goodwill relates. Where the
recoverable amount of the CGU or group of CGUs is less than the carrying amount of the CGU or
group of CGUs to which goodwill has been allocated, an impairment loss is recognized. Impairment
losses relating to goodwill cannot be reversed in future periods.
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Deposits Payable
Deposits payable are amounts received from franchisees, store operators and sublessees as guarantee
in relation to various agreements entered into by the Group. These are initially accounted for at fair
value. The fair value of the deposit is determined based on the prevailing market rate of interest
implicit to the lease.
The excess of the principal amount of the deposit over its fair value is accounted for by both the
lessee and the Group as a prepaid lease payment. The lessee includes these amounts in the costs of its
ROU asset at the lease commencement date. For the Group, if the lease is classified as an operating
lease, the prepaid lease payment is included in the total lease payments that are recognized as income
on either a straight-line basis or another systematic basis if that basis is more representative of the
pattern in which benefit from the use of the underlying asset is diminished. If the lease is classified as
a finance lease, the Group includes the prepaid lease payment in the consideration for the lease (i.e.
lease payments) and, therefore, in the determination of the gain or loss on derecognition of the
underlying asset, if any. Interest on the deposit, meanwhile, is accounted for using the EIR method
by both the lessee and the Group.
Cumulative Redeemable Preferred Shares

Cumulative redeemable preferred shares that exhibit characteristics of a liability is recognized as a
financial liability in the consolidated statements of financial position, net of transaction cost. The
corresponding dividends on those shares are charged as interest expense in profit or loss.
Equity
Common Stock
Common stock is measured at par value for all shares issued and outstanding.
Additional Paid-in Capital

When the shares are sold at premium, the difference between the proceeds and the par value is
credited to the “Additional paid-in capital” account. When shares are issued for a consideration other
than cash, the proceeds are measured by the fair value of the consideration received.
In case the shares are issued to extinguish or settle the liability of the Group, the shares shall be
measured either at the fair value of the shares issued or fair value of the liability settled, whichever is
more reliably determinable.
Retained Earnings
Retained earnings represent the cumulative balance of net income or loss, dividend distributions,
prior period adjustments, effects of the changes in accounting policy and other capital adjustments.
Unappropriated retained earnings represent the portion which is free and can be declared as dividends
to stockholders subject to adjustments based on the regulatory requirements of the Philippine SEC.
Appropriated retained earnings represent that portion which has been restricted and therefore is not
available for any dividend declaration.
Stock Dividends
Stock dividends are distribution of the earnings in the form of own shares. When stock dividends are
declared, the amount of stock dividends is transferred from retained earnings to capital stock.
Treasury Stock
Treasury stock is stated at acquisition cost and is deducted from equity. No gain or loss is recognized
in profit or loss on the purchase, sale, issuance or cancellation of the Group’s own equity instruments.
Non-controlling interest
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Non-controlling interest are recognized and measured at the proportionate share of the non-
controlling interest to the net assets of the Group.
OCI
OCI comprises of items of income and expenses that are not recognized in profit or loss as required or
permitted by other PFRS. The Group’s OCI pertains to actuarial gains and losses from retirement
benefits and revaluation increment on land which are recognized in full in the period in which they
occur.
Revenue Recognition under PFRS 15

Revenue from Contracts with Customers
Revenue from contracts with customers is recognized when control of the goods or services are
transferred to the customer at an amount that reflects the consideration to which the Group expects to
be entitled in exchange for those goods or services. The Group assesses its revenue arrangements
against specific criteria to determine if it is acting as a principal or as an agent. The Group has
concluded that it is acting as principal in majority of its revenue arrangements.
Revenue from Merchandise Sales

Revenue from merchandise sales is comprised of revenue from sale of goods and revenue from
redemption of points. Transaction price of merchandise sales, which excludes discounts, returns,
rebates and sales taxes, is normally received at the time of sale and is allocated between the goods
sold and the points issued using relative stand-alone selling price method. The amount of transaction
price allocated to the goods sold are recognized when control over the goods has passed to the buyer,
which happens at the time of sale. The amount of transaction price allocated to the points issued is
deferred and recognized as revenue when the points are redeemed or have expired, whichever comes
earlier.
Revenue from sale of goods is recognized at point in time once the performance obligation to the
customer is satisfied. Payment of the transaction price is due immediately at the point the customer
purchased the goods.
Customer Loyalty Program

Customer loyalty program gives rise to a separate performance obligation as they provided a material
right to a customer. A part of the transaction price from merchandise sales is allocated to the loyalty
points awarded to customer based on relative stand-alone and recognized as contract liability until the
points are redeemed. Revenue is recognized upon redemption of products by the customer.
When estimating stand-alone selling price of the loyalty points, the Group considers that the customer
will redeem the points. The Group updates estimate of points that will be redeemed on a quarterly
basis.
Franchise Revenue
Initial franchise fees are recognized on a straight-line basis over the term of the franchise agreement,
which ranges from 3 to 5 years. The transaction price for franchise agreement is discounted, using
the rate that would be reflected in a separate financing transaction between the Group and its
customers at contract inception, to take into consideration the significant financing component.
Continuing franchise fees in exchange for the franchise right granted over the term of the franchise
agreement are recognized as revenue when the subsequent sale of merchandise by the franchisees
occurs.
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Commission Income
Commission income is recognized upon performance of the related service.
Rental Income
Rental income is accounted for based on the contractual period of the lease, as provided under the
terms of the lease contract.
Interest Income
Interest income is recognized as it accrues based on the EIR method.
Other Income
Other income is recognized when there are incidental economic benefits, other than the usual
business operations, that will flow to the Group and can be measured reliably.
Contract Balances
Contract Liabilities
A contract liability is the obligation to transfer goods or services to a customer for which the Group
has received consideration (or an amount of consideration) from the customer. If a customer pays
consideration before the Group transfers goods or services to the customer, a contract liability is
recognized when the payment is made, or the payment is due (whichever is earlier). Contract
liabilities are recognized as revenue when the Group performs under the contract.
Costs and Expenses Recognition

Cost of merchandise sales is recognized in profit or loss at the point of sale. Marketing support and
other amounts arising from trading terms agreements and conformes that do not qualify as distinct
performance obligation are presented as deduction to cost of merchandise sales.
Expenses are recognized in profit or loss upon utilization of the services or when they are incurred.
Retirement Benefits
The net defined benefit liability or asset is the aggregate of the present value of the defined benefit
obligation at the end of the financial reporting period reduced by the fair value of plan assets (if any),
adjusted for any effect of limiting a net defined benefit asset to the asset ceiling. The asset ceiling is
the present value of any economic benefits available in the form of refunds from the plan or
reductions in future contributions to the plan.
The cost of providing benefits under the defined benefit plans is actuarially determined using the
projected unit credit method.
Net retirement benefits cost comprises the following:
 Service cost;
 Net interest on the net defined benefit liability or asset; and
 Remeasurements of net defined benefit liability or asset.
Service costs which include current service costs, past service costs, and gains or losses on non-
routine settlements are recognized as expense in profit or loss. Past service costs are recognized when
plan amendment or curtailment occurs. These amounts are calculated periodically by independent
qualified actuaries.
Net interest on the net defined benefit liability or asset is the change during the period in the net
defined benefit liability or asset that arises from the passage of time which is determined by applying
the discount rate based on government bonds to the net defined benefit liability or asset. Net interest
on the net defined benefit liability or asset is recognized as expense or income in profit or loss.
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Remeasurements comprising actuarial gains and losses, return on plan assets and any change in the
effect of the asset ceiling (excluding net interest on defined benefit liability) are recognized
immediately in OCI in the period in which they arise. Remeasurements are not reclassified to profit
or loss in subsequent periods.
Plan assets are assets that are held by a long-term employee benefit fund or qualifying insurance
policies. Plan assets are not available to the creditors of the Group, nor can they be paid directly to
the Group. Fair value of plan assets is based on market price information. When no market price is
available, the fair value of plan assets is estimated by discounting expected future cash flows using a
discount rate that reflects both the risk associated with the plan assets and the maturity or expected
disposal date of those assets (or, if they have no maturity, the expected period until the settlement of
the related obligations). If the fair value of the plan assets is higher than the present value of the
defined benefit obligation, the measurement of the resulting defined benefit asset is limited to the
present value of economic benefits available in the form of refunds from the plan or reductions in
future contributions to the plan.
The Group’s right to be reimbursed of some or all of the expenditure required to settle a defined
benefit obligation is recognized as a separate asset at fair value when and only when reimbursement is
virtually certain.
Leases under PFRS 16

The determination of whether an arrangement is, or contains, a lease is based on the substance of the
arrangement at inception date. The arrangement is assessed for whether the fulfillment of the
arrangement is dependent on the use of a specific asset or assets and the arrangement conveys a right
to use the asset or assets, even if that right is not explicitly specified in an arrangement.
Group as a lessee
The Group applies a single recognition and measurement approach for all leases, except for short-
term leases and leases of low-value assets. The Group recognizes lease liabilities to make lease
payments and ROU assets representing the right to use the underlying assets.
ROU Asset
The Group recognizes ROU assets at the commencement date of the lease (i.e., the date the
underlying asset is available for use). ROU assets are measured at cost, less any accumulated
depreciation and impairment losses, and adjusted for any re-measurement of lease liabilities. The
cost of ROU assets includes the amount of lease liabilities recognized, initial direct costs incurred,
and lease payments made at or before the commencement date less any lease incentives received and
estimate of cost to be incurred by the lessee in dismantling and removing the underlying asset,
restoring the site on which it is located or restoring the underlying asset to the condition required by
the terms and conditions of the lease, unless those costs are incurred to produce inventories.
Unless the Group is reasonably certain to obtain ownership of the leased asset at the end of the lease
term, the recognized ROU assets are depreciated on a straight-line basis over the shorter of its
estimated useful life and the lease term as follows:
Years
Warehouses 5 to 25
Convenience stores 5 to 15
Kitchen 5 to 7
Office space 3 to 7
ROU assets are presented separately in the consolidated statements of financial position and are also
subject to impairment test.
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Lease liabilities
At the commencement date of the lease, the Group recognizes lease liabilities measured at the present
value of lease payments to be made over the lease term. The lease payments include fixed payments
(including in-substance fixed payments) less any lease incentives receivable, variable lease payments
that depend on an index or a rate, and amounts expected to be paid under residual value guarantees.
The lease payments also include the exercise price of a purchase option reasonably certain to be
exercised by the Group and payments of penalties for terminating a lease, if the lease term reflects the
Group exercising the option to terminate. The variable lease payments that do not depend on an
index or a rate are recognized as expense in the period on which the event or condition that triggers
the payment occurs.
In calculating the present value of lease payments, the Group uses the IBR at the lease
commencement date if the interest rate implicit in the lease is not readily determinable. After the
commencement date, the amount of lease liabilities is increased to reflect the accretion of interest and
reduced for the lease payments made. In addition, the carrying amount of lease liabilities is
remeasured if there is a modification, a change in the lease term, a change in the in-substance fixed
lease payments or a change in the assessment to purchase the underlying asset.
Lease liabilities – current and noncurrent - are presented separately in the consolidated statements of
financial position.
Short-term leases and leases of low-value assets

The Group applies the short-term lease recognition exemption to its short-term leases (i.e., those
leases that have a lease term of 12 months or less from the commencement date and do not contain a
purchase option). It also applies the low-value assets recognition exemption to leases that are
considered of low value (i.e., below P=250,000 or below). Lease payments on short-term leases and
leases of low-value assets are recognized as expense on a straight-line basis over the lease term.
Group as a lessor
Leases where the Group retain substantially all the risks and benefits of ownership of the asset are
classified as operating leases. Any initial direct costs incurred in negotiating an operating lease are
added to the carrying amount of the leased asset and recognized over the lease term on the same bases
as rental income. Rental income is recognized in the consolidated statements of comprehensive
income on a straight-line basis over the lease term. All other leases are classified as finance leases. At
the inception of the finance lease, the underlying is derecognized, and lease receivable is recognized.
Interest income is accrued over the lease term using the EIR and lease amortization is accounted for
as reduction to lease receivable.
Sublease arrangements
The Group determines if the sublease arrangement qualifies as a finance or operating lease. The
Group assess and classify a sublease as finance lease if it transferred substantially all the risk and
rewards incidental to the ownership of the leased asset. The Group compares the sublease term,
which is the franchise term, with the head lease term. If the franchise term accounts for the majority
or 75% of the head lease term, same is classified as a finance lease, otherwise it is classified as an
operating lease.
At the inception date, if the sublease qualifies as finance lease, the Group derecognizes the right-of-
use asset on the head lease and continues to account for the original lease liability. The Group as a
sublessor, recognizes a net investment in sublease and evaluate it for impairment. If classified as
operating lease, the Group continues to account for the lease liability and right-of-use asset on the
head lease like any other lease
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Leases under PAS 17

The determination of whether an arrangement is, or contains, a lease is based on the substance of the
arrangement at inception date. The arrangement is assessed for whether the fulfillment of the
arrangement is dependent on the use of a specific asset or assets and the arrangement conveys a right
to use the asset or assets, even if that right is not explicitly specified in an arrangement.
Group as a Lessee
Leases where the lessor retains substantially all the risks and benefits of ownership of the asset are
classified as operating leases. Operating lease payments are recognized as an expense in the profit or
loss on a straight-line basis over the lease term.
Group as a Lessor
Leases where the Group does not transfer substantially all the risks and rewards of ownership of the
asset is classified as operating leases. Rental income is recognized on a straight-line basis over the
term of the lease.
Finance leases which transfer to the lessee substantially all the risks and benefits incidental to
ownership of the leased items is recorded as finance lease receivable measured at present value of the
minimum lease payments. Lease payments from the lessee are apportioned between interest income
and reduction of the lease receivable so as to achieve a constant rate of interest on the remaining
balance of the receivable.
Borrowing Costs
Borrowing costs directly attributable to the acquisition, construction or production of an asset that
necessarily takes a substantial period of time to get ready for its intended use or sale are capitalized as
part of the cost of the respective assets. All other borrowing costs are expensed in the period they
occur. Borrowing costs consist of interest and other costs that an entity incurs in connection with the
borrowing of funds.
Foreign Currency-denominated Transactions

The consolidated financial statements are presented in Philippine Peso, which is the Group’s
functional and presentation currency. All subsidiaries evaluate their primary economic and operating
environment and determine their functional currency. Transactions in foreign currency are initially
recorded at the exchange rate at the date of transaction. Outstanding foreign currency-denominated
monetary assets and liabilities are translated using the applicable exchange rate at balance sheet date.
Exchange differences arising from translation of foreign currency monetary items at rates different
from those at which they were originally recorded are recognized in profit or loss.
Taxes
Current Income Tax

Current income tax assets and liabilities for the current and prior periods are measured at the amount
expected to be recovered from or paid to the taxation authorities. The tax rates and tax laws used to
compute the amount are those that have been enacted or substantively enacted at the balance sheet
date.
Current income tax relating to items recognized directly in equity is recognized in equity and not in
the consolidated statements of comprehensive income.
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Deferred Tax
Deferred tax is provided, using the liability method, on all temporary differences at balance sheet date
between the tax bases of assets and liabilities and their carrying amounts for financial reporting
purposes.
Deferred tax liabilities are recognized for all taxable temporary differences, except:
 Where the deferred tax liability arises from the initial recognition of goodwill or of an asset or
liability in a transaction that is not a business combination and, at the time of the transaction,
affects neither the accounting profit nor taxable profit or loss; and
 In respect of taxable temporary differences associated with investments in subsidiaries, associates
and interests in joint ventures, where the timing of the reversal of the temporary differences can
be controlled and it is probable that the temporary differences will not reverse in the foreseeable
future.
Deferred tax assets are recognized for all deductible temporary differences and carry forward benefits
of unused tax credits from excess minimum corporate income tax (MCIT) over regular corporate
income tax (RCIT), and unused net operating loss carry over (NOLCO), to the extent that it is
probable that sufficient future taxable profit will be available against which the deductible temporary
differences, and the carry forward benefits of MCIT over RCIT and NOLCO can be utilized, except:
 Where the deferred tax asset relating to the deductible temporary difference arises from the
initial recognition of an asset or liability in a transaction that is not a business combination and,
at the time of the transaction, affects neither the accounting profit nor taxable profit or loss; and
 In respect of deductible temporary differences associated with investments in subsidiaries,
associates and interests in joint ventures, deferred tax assets are recognized only to the extent that
it is probable that the temporary differences will reverse in the foreseeable future and taxable
profit will be available against which the temporary differences can be utilized.
The carrying amount of deferred tax assets is reviewed at the end of each reporting period and
reduced to the extent that it is no longer probable that sufficient future taxable profit will be available
to allow all or part of the deferred tax assets to be utilized. Unrecognized deferred tax assets are
reassessed at the end of each reporting period and are recognized to the extent that it has become
probable that sufficient future taxable profit will allow the deferred tax assets to be recovered.
Deferred tax assets and liabilities are measured at tax rates that are expected to apply to the year when
the asset is realized, or the liability is settled, based on tax rates and tax laws that have been enacted
or substantively enacted as at the end of the reporting period.
Deferred tax relating to items recognized outside profit or loss is recognized outside profit or loss.
Deferred tax items are recognized in correlation to the underlying transaction either in other
comprehensive income or directly in equity.
Deferred tax assets and liabilities are offset, if a legally enforceable right exists to offset current tax
assets against current tax liabilities and the deferred taxes relate to the same taxable entity and the
same taxation authority.
Transaction involving the initial recognition of an asset and liability, the Group recognized deferred
tax on initial recognition considering the asset and liability as in-substance linked to each other. The
Group considered any temporary difference on a net basis and recognize deferred tax on net amount.
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VAT
Input VAT is the 12% indirect tax paid by the Group in the course of the Group’s trade or business on
local purchase of goods or services, including lease or use of property, from a VAT-registered entity.
For acquisition of capital goods over P=1,000,000, the related input taxes are deferred and amortized
over the useful life of the asset or 60 months, whichever is shorter, commencing on the date of
acquisition. Deferred input VAT which is expected to be utilized for more than 12 months after the
balance sheet date is included under “Goodwill and other noncurrent assets” account in the
consolidated statements of financial position.
Output VAT pertains to the 12% tax due on the sale of merchandise and lease or exchange of taxable
goods or properties or services by the Group.
If at the end of any taxable month the output VAT exceeds the input VAT, the excess shall be paid by
the Group. Any outstanding balance is included under “Other current liabilities” account in the
consolidated statements of financial position. If the input VAT exceeds the output VAT, the excess
shall be carried over to the succeeding month. Excess input VAT is included under “Prepayments
and other current assets” account in the consolidated statements of financial position.
Revenue, expenses and assets are recognized net of the amount of VAT.
Segment Reporting
Operating segments are components of an entity for which separate financial information is available
and evaluated regularly by management in deciding how to allocate resources and assessing
performance. The Group considers the store operation as its primary activity and its only business
segment. Franchising, renting of properties and commissioning on bills payment services are
considered an integral part of the store operations.
Earnings Per Share

Basic earnings per share is calculated by dividing the net income for the year attributable to common
shareholders by the weighted average number of shares outstanding during the year, excluding
treasury shares.
Diluted earnings per share is calculated by dividing the net income for the year attributable to
common shareholders by the weighted average number of shares outstanding during the year,
excluding treasury shares and adjusted for the effects of all potential dilutive common shares, if any.
In determining both the basic and diluted earnings per share, the effect of stock dividends, if any, is
accounted for retrospectively.
Provisions
Provisions are recognized when: (a) the Group has a present obligation (legal or constructive) as a
result of a past event; (b) it is probable that an outflow of resources embodying economic benefits
will be required to settle the obligation; and (c) a reliable estimate can be made of the amount of the
obligation. If the effect of the time value of money is material, provisions are determined by
discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of
the time value of money and, where appropriate, the risks specific to the liability. Where discounting
is used, the increase in the provision due to the passage of time is recognized as interest expense.
When the Group expects a provision or loss to be reimbursed, the reimbursement is recognized as a
separate asset only when the reimbursement is virtually certain, and its amount is estimable. The
expense relating to any provision is presented in profit or loss, net of any reimbursement.
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- 24 -
Contingencies
Contingent liabilities are not recognized in the consolidated financial statements. They are disclosed
unless the possibility of an outflow of resources embodying economic benefits is remote. Contingent
assets are not recognized in the consolidated financial statements but disclosed when an inflow of
economic benefit is probable. Contingent assets are assessed continually to ensure that developments
are appropriately reflected in the consolidated financial statements. If it has become virtually certain
that an inflow of economic benefits will arise, the asset and the related income are recognized in the
consolidated financial statements.
Events after the Balance Sheet Date

Post year-end events that provide additional information about the Group’s position at the balance
sheet date (adjusting events) are reflected in the consolidated financial statements. Post year-end
events that are non-adjusting events are disclosed in the notes to the consolidated financial statements
when material.
3. Use of Significant Accounting Judgments, Estimates and Assumptions
The preparation of the consolidated financial statements in accordance with PFRS requires
management to make judgments, estimates and assumptions that affect the amounts reported in the
consolidated financial statements and notes. The judgments, estimates and assumptions used in the
consolidated financial statements are based upon management’s evaluation of relevant facts and
circumstances as at balance sheet date. Future events may occur which can cause the assumptions
used in arriving at those judgments, estimates and assumptions to change. The effects of any changes
will be reflected in the consolidated financial statements of the Group as they become reasonably
determinable.
Judgments
In the process of applying the Group’s accounting policies, management has made the following
judgments, apart from those involving estimations, which have the most significant effect on amounts
recognized in the consolidated financial statements:
Presentation of Marketing Support and Other Amounts Arising from Trading Terms Agreements and
Conformes
The Group receives amounts for marketing support and other activities from its suppliers. The Group
determines whether these amounts are in exchange for distinct goods and/or services it transfers to its
suppliers. In its determination, the Group considers whether the marketing support and other
activities it performs are separable from the existing purchase agreements it has with its suppliers.
Marketing support and other amounts arising from trading terms agreements and conformes that do
not qualify as distinct performance obligation are presented as deduction to cost of merchandise sales.
Right to Access - Performance Obligation Satisfied Over Time
The Group determines whether it provides a franchisee with either:
 A right to access the Group’s intellectual property (i.e., franchise license) throughout the term of
the franchise agreement for which revenue is recognized over the term of the franchise
agreement; or
 A right to use the Group’s intellectual property (i.e., franchise license) as it exists at the point in
time the franchise license is granted for which revenue is recognized at the point in time the
franchisee can first use and benefit from the franchise license.
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- 25 -
In assessing whether the nature of the Group’s promise in granting a franchise license is to provide a
right to access the Group’s intellectual property (i.e., franchise license), the Group considers whether
all of the following criteria are met:
 The franchise agreement requires, or the franchisee reasonably expects that the Group will
undertake activities that will significantly affect the franchise license to which the franchisee has
rights (e.g., advertisements, promotions, campaigns, etc.);
 The rights granted by the franchise license directly expose the franchisee to any positive or
negative effects of the Group’s activities; and
 Those activities do not result in the transfer of a good or service to the franchisee as those
activities occur.
The Group determined that it has met all of the criteria mentioned above and concluded that it
provides its franchisees with a right to access the Group’s franchise license throughout the term of the
franchise agreement. Accordingly, revenue from granting franchise license is recognized over the
term of the franchise agreement.
Whether Activities Performed Prior to Franchise Store Opening are Distinct Performance
Obligations
The Group undertakes activities prior to store opening (e.g., employee training, business plan
consultation, store layout decoration, etc.) as indicated in the franchise agreement. The Group
determines whether these activities are capable of being distinct (i.e., whether the franchisee can
benefit on each of these activities on a standalone basis) and whether these activities are distinct
within the context of the franchise agreement (i.e., whether these activities can be separated from the
franchise license granted to the franchisee).
The Group determined that activities undertaken prior to store opening do not provide benefits to the
franchisees without the underlying franchise license. Accordingly, initial franchisee fees are deferred
and recognized as revenue over the term of the franchise agreement.
Classification of Redeemable Preferred Shares

The Group classifies a financial instrument, or its components, on initial recognition as a financial
asset, liability or equity instrument in accordance with the substance of the contractual arrangement
and the definitions of a financial asset, liability or equity instrument. The substance of a financial
instrument, rather than its legal form, governs its classification in the consolidated statements of
financial position.
The Group classifies the cumulative redeemable preferred shares as liability in accordance with the
redemption features contained in the shareholders agreement (see Note 16). The cumulative
redeemable preferred shares are redeemable at the option of the holder.
The Group determines the classification at initial recognition and, where allowed and appropriate, re-
evaluates this classification at every reporting date.
Determining taxable profit (tax loss), tax bases, unused tax credits and tax rates (effective
January 1, 2019)
Upon adoption of the Philippine Interpretation IFRIC 23, Uncertainty over Income Tax Treatments,
the Group has assessed whether it has any uncertain tax position. The Group applies significant
judgement in identifying uncertainties over its income tax treatments. The Group determined, based
on its tax compliance assessment, in consultation with its tax team, that it is probable that its income
tax treatments (including those for the subsidiaries) will be accepted by the taxation authorities.
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- 26 -
Determining the lease term of contracts with renewal options – Group as a lessee (effective
January 1, 2019)
The Group has several lease contracts that include extension and termination options. The Group
applies judgement in evaluating whether it is reasonably certain whether or not to exercise the option
to renew or terminate the lease. That is, it considers all relevant factors that create an economic
incentive for it to exercise either the renewal or termination option. After the commencement date,
the Group reassesses the lease term if there is a significant event or change in circumstances that is
within its control and affects its ability to exercise or not to exercise the option to renew or to
terminate.
The Group did not include the extension options as part of the lease term as these are not reasonably
certain to be exercised since it is subject to mutual agreement of both parties and is considered as
unenforceable.
Classification of Leases as lessor (effective January 1, 2019)

The Group entered into sublease agreements on its leased properties. The Group determines whether
it has transferred all the significant risks and rewards of ownership of the leased properties to a lessee,
such as lessee has the ultimate control over the use of the asset and the lease term is for the major part
of the economic life of the asset. If it is determined that significant risks and rewards of ownership of
lease properties were transferred to the lessees, the lease is accounted as finance lease. If otherwise,
the lease is accounted for as an operating lease.
Classification of Leases (effective prior to January 1, 2019)

As a lessee, the Group has various lease agreements in respect of certain stores, warehouses, kitchen
and offices. The Group evaluates whether significant risks and rewards of ownership of the leased
properties are transferred (finance lease) or retained by the lessor (operating lease) based on PAS 17.
a. Operating lease as lessee

The Group entered into various property leases, where it has determined that the risks and
rewards related to the properties are retained with the lessors. As such, the lease agreements were
accounted for as operating leases (see Note 25).
b. Operating lease as lessor

The Group entered into property subleases on its leased properties. The Group determined that it
retains all the significant risks and rewards of these properties which are leased out on operating
leases (see Note 25).
Estimates and Assumptions

The estimates and assumptions concerning the future and other key sources of estimation uncertainty
at the reporting date that have a significant risk of causing a material adjustment to the carrying
amounts of assets and liabilities recognized in the financial statements within the next financial year
are discussed below. The estimates and assumptions are based on the parameters available when the
financial statements were prepared. Existing circumstances and assumptions about future
developments, however, may change due to market changes or circumstances arising beyond the
control of the Group. Such changes are reflected in the assumptions as they occur.
Estimating Stand-alone Selling Price – Customer Loyalty Programme

The Group estimates the stand-alone selling price of the loyalty points awarded under the Customer
Loyalty Programme. The stand-alone selling price of the loyalty points issued is calculated by
multiplying the points to the estimated redemption rate and to the monetary value assigned to the
loyalty points. In estimating the redemption rate, the Group considers breakage which represents the
portion of the points issued that will never be redeemed. The Group applies statistical projection
methods in its estimation using customers’ historical redemption patterns as the main input. The
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- 27 -
redemption rate is updated quarterly and the liability for the unredeemed points is adjusted
accordingly. In estimating the value of the points issued, the Group uses the most reliable evidence at
the time the estimates are made on the amount that the points are expected to be redeemed and the
probability of redemption of each product. The Group ensures that the value assigned to the loyalty
points is commensurate to the stand-alone selling price of the products eligible for redemption.
The contract liabilities as at December 31, 2020 and 2019 amounted to P

=70,276,627 and P
=37,002,649,
respectively (see Note 13). Revenue from redemptions of points amounted to P =99,817,760 and
=89,410,598 in 2020 and 2019, respectively, and is reported under “Revenue from contracts with
P
customers” account in the consolidated statements of comprehensive income.
Determination of IBR
The Group cannot readily determine the interest rate implicit in the lease at lease commencement
date, therefore, it uses its IBR to measure lease liabilities. IBR is the rate of interest that a lessee
would have to pay to borrow over a similar term, similar security, the funds necessary to obtain an
asset of a similar value to the ROU asset in a similar economic environment. The IBR reflects what
the Group ‘would have to pay’, which requires estimation when no observable rates are available or
when they need to be adjusted to reflect the terms and conditions of the lease. The Group estimates
the IBR using observable inputs such as interest rates from partner banks based on the term of its loan
borrowings and make certain-specific estimates based on the Group credit worthiness.
Estimating Allowance for Impairment of Financial Assets

The following information explains the inputs, assumptions and techniques used by the Group in
estimating ECL:
 General approach for cash and due for related parties

The ECL is measured on either a 12-month or lifetime basis depending on whether a significant
increase in credit risk has occurred since initial recognition or whether an asset is considered to
be credit-impaired. The Group considers the probability of its counterparty to default its
obligation and the expected loss at default after considering the effects of collateral, any potential
value when realized, forward-looking estimates and time value of money.
 Simplified approach for receivables

The group uses a simplified approach for calculating ECL on receivables through the use of
provision matrix to calculate ECLs.
The provision matrix is initially based on the Group’s historical observed default rates. The
Group will calibrate the matrix to adjust the historical credit loss experience with forward-looking
information. At every report date, the historical observed default rates are updated and changes
in the forward-looking estimates are analyzed.
 Incorporation of forward-looking information

The Group considers the inflation rate as forward-looking macro-economic assumption for the
determination of unbiased general industry adjustments and any related specific industry
adjustments that support the calculations of ECLs. A broad range of forward-looking information
are considered as economic inputs such as the gross domestic product, inflation rate,
unemployment rates and other economic indicators.
The Group identifies and documents key drivers of credit risks and credit losses of each portfolio of
financial instruments and, using an analysis of historical data has estimated relationships between
macro-economic variables and credit risk and credit losses.
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- 28 -
Predicted relationships between the key macro-economic indicators and default loss rates on various
portfolios of financial assets have been developed based on analyzing historical data over the past 3
years. The methodologies and assumptions including any forecasts of future economic conditions are
reviewed regularly.
The carrying value of total receivables amounted to P =3,732,567,301 and P=3,638,745,282 as at

December 31, 2020 and 2019, respectively (see Note 5). Allowance for impairment of receivables
amounted to P =137,979,243 and P =62,886,523 as at December 31, 2020 and 2019, respectively.
Provision for impairment of receivables amounted to P =77,169,639 and P=12,076,804 in 2020 and
2019, respectively (see Notes 5 and 19). Write-off of provision for impairment of receivables
amounted to
=2,076,919 and nil in 2020 and 2019, respectively (see Note 5).
P
Estimating Net Realizable Value (NRV) of Merchandise Inventories

The Group carries merchandise inventory at NRV whenever the utility of it becomes lower than cost
due to damage, physical deterioration, obsolescence, changes in price levels, losses or other causes.
The estimate of the NRV is reviewed regularly.
Estimates of NRV are based on the most reliable evidence at the time the estimate is made on the
amount the inventories are expected to be realized. These estimates take into consideration
fluctuations of price or cost directly relating to events occurring after reporting date to the extent that
such events confirm conditions existing at reporting date. The NRV is reviewed periodically to
reflect the accurate valuation in the financial records.
No provision for impairment losses on merchandise inventories was recognized in 2020 and 2019.
Merchandise inventories amounted to P=4,243,099,966 and P

=4,164,073,340 as of December 31, 2020
and 2019, respectively (see Note 6).
Estimating Impairment of Non-Financial Assets Other than Goodwill

The Group assesses whether there are any indicators of impairment for all non-financial assets, other
than goodwill, at each reporting date. These non-financial assets (ROU, property and equipment, rent
deposits, and software and program cost) are tested for impairment when there are indicators that the
carrying amounts may not be recoverable.
The factors that the Group considers important which could trigger an impairment review include the
following:
 Significant underperformance relative to expected historical or projected future operating results;
 Significant changes in the manner of use of the acquired assets or the strategy for overall
business; and
 Significant negative industry or economic trends; and decline in appraised value.
Determining the net recoverable amount of assets required the estimation of cash flows expected to
be generated from the continuous use and ultimate disposition of such assets. While it is believed that
the assumptions used in the estimation of fair value reflected in the consolidated financial statements
are appropriate and reasonable, significant changes in these assumptions may materially affect the
assessment of recoverable amount and any resulting impairment loss could have a material adverse
impact on the results of operations.
As at December 31, 2020 and 2019, the Group has not identified any indicators or circumstances that
would indicate that the Group’s ROU asset, property and equipment, rent deposits and software and
program cost are impaired. Thus, no impairment losses on these non-financial assets were recognized
in 2020, 2019 and 2018.
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- 29 -
The carrying values of these non-financial assets are as follows:
2020 2019
ROU asset (Note 25) P
=6,975,912,246 =7,549,790,375
P
Property and equipment (Note 8) 6,336,643,785 7,023,486,002
Software and program cost (Note 10) 6,908,689 6,039,926
Estimating Impairment of Goodwill

The Group determines whether goodwill is impaired at least on an annual basis. This requires an
estimation of the value in use of the CGUs to which the goodwill is allocated. Estimating the value in
use amount requires management to make an estimate of the expected future cash flows from the
CGUs and also to choose a suitable discount rate in order to calculate the present value of those cash
flows.
In 2018, the Group reassessed and determined that the CGU to be used in assessing the impairment of
goodwill from the purchase of the leasehold rights and store assets of Jollimart Philippines
Corporation (Jollimart) is the Company itself. This assessment reflects how the Group is currently
managing its chain of stores as a single unit, where key decisions (e.g., pricing, inventory level
determination, inventory composition, etc.) are centrally managed and applied across the entire store
network.
Based on the assessment made by the Group, there is no impairment of goodwill as the recoverable
amount of the CGU exceeds the carrying amount of the unit, including goodwill as at
December 31, 2020 and 2019. The carrying value of goodwill amounted to P =65,567,524 as at
December 31, 2020 and 2019 (see Note 10). No impairment loss was recognized in 2020, 2019 and
2018.
Estimation of Retirement Benefits

The net retirement benefits cost, and the present value of retirement obligations are determined using
actuarial valuations. The actuarial valuation involves making various assumptions. These include the
determination of the discount rates, future salary increases, mortality rates and future pension
increases. Due to the complexity of the valuation, the underlying assumptions and its long-term
nature, defined benefit obligations are highly sensitive to changes in these assumptions. All
assumptions are reviewed at each financial reporting date.
In determining the appropriate discount rate, management considers the interest rates of government
bonds that are denominated in the currency in which the benefits will be paid, with extrapolated
maturities corresponding to the expected duration of the defined benefit obligation.
The mortality rate is based on publicly available mortality tables. Future salary increases, and
pension increases are based on expected future inflation rates.
Further details about the assumptions used are provided in Note 23.
The Group’s net retirement obligations amounted to P =442,099,746 and P =331,343,566 as at

December 31, 2020 and 2019, respectively (see Note 23). Net retirement benefits cost amounted to
=77,787,236, P
P =90,158,015 and P=44,888,237 in 2020, 2019 and 2018, respectively (see Notes 22
and 23).
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- 30 -
Realizability of Deferred Tax Assets

Deferred tax assets are recognized for all temporary deductible differences to the extent that it is
probable that sufficient future taxable profits will be available against which the deductible temporary
differences can be utilized. Management has determined based on its forecast that there will be
sufficient taxable profits against which the recognized deferred tax assets will be utilized.
The Group’s recognized deferred tax assets amounted to P=963,539,389 and P

=515,988,664 as at
December 31, 2020 and 2019, respectively (see Note 26).
4. Cash and Cash Equivalents and Short-Term Investment
Cash and Cash Equivalents
This account consists of:
2020 2019
Cash on hand P
=1,459,824,035 =1,136,469,362
P
Cash in banks 3,677,320,757 2,283,552,147
Cash equivalents – 1,204,633,586
P
=5,137,144,792 =4,624,655,095
P
Cash in banks earn interest at the respective bank deposit rates. Cash equivalents are made for
varying periods up to 3 months depending on the immediate cash requirements of the Group and earn
interest at the respective cash equivalent deposit rates that ranges from 0.05% and 3.25% and 0.38%
to 3.75%, in 2020 and 2019, respectively.
Interest income from cash and cash equivalents amounted to P =23,828,342, P

=23,253,334 and P
=
7,402,902 in 2020, 2019 and 2018, respectively (see Note 21).
Short-term Investment
As at December 31, 2020 and 2019, short-term investment amounting to P =11,493,502 and P =
11,389,621 respectively, pertains to time deposit which has a maturity date of more than 90 days with
interest rate of 1.13% in 2020 and 2019.
Interest income from short-term investment, on the other hand, amounted to P

=130,477, P
=128,589, and
=127,780 in 2020, 2019 and 2018, respectively (see Note 21).
P
5. Receivables
2020 2019
Franchisees (Note 31) =3,033,181,077 =
P P2,405,990,634
Suppliers 474,543,911 647,288,011
Leases (Note 25) 289,755,256 573,127,284
Employees 33,814,654 28,578,861
Store operators 24,407,838 23,500,274
Rent 4,378,150 5,984,282
(Forward)
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- 31 -
2020 2019
Due from PhilSeven Foundation, Inc. (PFI) (Note 24) P
=895,600 =320,378
P
Insurance receivable 541,153 7,315,951
Others 9,028,905 9,526,130
3,870,546,544 3,701,631,805
Less allowance for impairment (Note 29) 137,979,243 62,886,523
3,732,567,301 3,638,745,282
Less noncurrent portion of
Lease receivable (Notes 10 and 25) 51,304,170 195,286,078
Receivables from franchisees (Note 10) 6,720,074 12,480,091
58,024,244 207,766,169
=3,674,543,057 P
P =3,430,979,113
Movements in allowance for impairment are as follows:
2020 2019
Balance at beginning of year P
=62,886,523.. =50,809,719
P
Additional provisions for impairment losses (Note 19) 77,169,639 12,076,804
Write-off (2,076,919) –
Balance at end of year P
=137,979,243 =62,886,523
P
The classes of receivables of the Group are as follows:
 Franchisees – pertains to receivables for the inventory loans obtained by the franchisees at the
start of their store operations, charges for various expenses such as rent and utilities, and credit
line to support its franchisees that are adversely affected by the ongoing pandemic (see Note 31).
Interest earned on receivable from franchisees amounted to nil, P =329,094, and P
=16,937 in 2020,
2019, and 2018, respectively (see Note 21).
 Suppliers – pertains to receivables from the Group’s suppliers for display allowances, annual
volume discount, support for promotions and commission income from different service
providers.
 Lease receivable – pertains to finance lease receivables from sublease agreements with
franchisees (see Note 25).
 Employees – includes car loans, salary loans, personal advances and cash shortages from stores
which are charged to employees. Interest earned on receivable from employees amounted to
=839,213, P
P =803,467, and P
=819,444 in 2020, 2019 and 2018, respectively (see Note 21).
 Store operators – pertains to the advances given to third party store operators under service
agreements (see Note 31).
 Rent – pertains to rent deposits receivable from third parties, which are based on an agreed fixed
monthly rate or as agreed upon by the parties.
Receivables are noninterest-bearing and are generally on 30 to 90-day terms except for loans to
employees, receivable from franchisees and lease receivable.
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- 32 -
6. Inventories
Breakdown of inventories of the Group follows:
2020 2019
At cost:
Warehouse merchandise P
=2,358,225,724 =2,589,476,932
P
Store merchandise 1,884,874,242 1,574,596,408
P
=4,243,099,966 =4,164,073,340
P
The cost of merchandise inventories charged to the consolidated statements of comprehensive income
amounted to P=28,783,351,394, P
=34,368,460,873, and P =27,911,183,499 for the year ended
December 31, 2020, 2019 and 2018 respectively (see Note 18).
There are no inventories whose net realizable values are below cost.
No inventories are pledged nor treated as security to outstanding liabilities as at December 31, 2020
and 2019.
7. Prepayments and Other Current Assets
2020 2019
Current portion of:
Deferred input VAT P
=231,174,639 =86,296,117
P
Prepaid:
Taxes 210,991,877 43,285,327
Store expenses 14,878,796 11,579,559
Rent for short-term leases 14,457,582 75,123,592
Gift cards 3,783,789 4,669,401
Uniform 1,473,961 4,040,716
Others 10,890,920 13,330,239
Advances for expenses 20,625,855 96,355,252
Advances to suppliers 195,054,224 43,117,032
Supplies 116,533,888 82,185,936
Others 10,647,225 12,368,166
P
=830,512,756 =472,351,337
P
Deferred input VAT pertains to the input VAT on the acquisition of capital goods over P
=1,000,000
which are being amortized over the useful life or 60 months, whichever is shorter, commencing on
the date of acquisition.
Prepaid taxes include creditable withholding taxes and prepaid business taxes. Creditable withholding
taxes in excess of the income tax due for the current taxable year can be applied on the next periods.
Prepaid business taxes are expected to be utilized within the next financial year.
Advances for expenses are payments for various expenses paid in advance to support operations of
the Company. These expenses include allowances for site visits, trade checks and personnel training
expenses which are to be liquidated within thirty days from the date the advances were made.
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- 33 -
Advances to suppliers pertain to advanced payments to various suppliers for purchase of inventories
and services and advances to prepaid cards from various telecom suppliers to be sold in the stores.
Supplies are advanced purchases of items for office and store consumption. These are expensed as
incurred.
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- 34 -
8. Property and Equipment
Movements in property and equipment are as follows:
2020
Buildings and Store Furniture Furniture and Transportation Computer Leasehold Construction
Land Improvements and Equipment Equipment Equipment Equipment Improvements in Progress Total
Cost
Beginning balances P
=39,866,864 P
=155,481,144 P
=7,807,805,992 P
=2,515,141,121 P
=76,950,609 P
=732,320,935 P
=3,986,979,299 P
=149,977,008 P=15,464,522,972
Additions – – 936,603,608 324,930,003 7,891,000 142,726,221 155,845,263 197,862,023 1,765,858,118
Retirements – – (22,856,304) (14,744,184) (210,000) (3,399,943) (858,459,315) – (899,669,749)
Reclassifications – – 5,909,716 1,355,593 – 30,439 222,106,850 (229,402,598) –
Ending balances 39,866,864 155,481,144 8,727,463,012 2,826,682,533 84,631,609 871,677,652 3,506,472,097 118,436,433 16,330,711,344
Accumulated Depreciation
and Amortization
Beginning balances – 114,876,292 4,446,724,741 1,466,627,133 40,804,641 472,129,090 1,899,875,073 – 8,441,036,970
Depreciation and amortization (Note 19) – 6,197,521 1,219,095,653 391,207,650 12,190,482 164,301,717 659,707,312 – 2,452,700,335
Retirements – – (22,856,304) (14,744,184) (210,000) (3,399,943) (858,459,315) – (899,669,749)
Reclassifications – (9,846) 907,529 (89,445) – (255,180) (553,058) – –
Ending balances – 121,063,967 5,643,871,619 1,843,001,154 52,785,123 632,775,684 1,700,570,012 – 9,994,067,559
Net Book Values P
=39,866,864 P
=34,417,177 P
=3,083,591,393 P
=983,681,379 P
=31,846,486 P
=238,901,968 P
=1,805,902,085 P
=118,436,433 P
=6,336,643,785
2019
Buildings and Store Furniture Furniture and Transportation Computer Leasehold Construction
Land Improvements and Equipment Equipment Equipment Equipment Improvements in Progress Total
Cost
=39,866,864 P
=155,481,144 P
=6,316,816,768 P
=2,101,119,653 P
=67,281,096 P
=633,089,650 P
=3,519,184,341 P
=380,638,144 =P13,213,477,660
Additions – 19,643 1,654,250,832 447,664,972 22,176,299 129,469,176 153,299,002 179,817,479 2,586,697,403
Retirements – – (163,261,608) (33,643,504) (12,506,786) (30,237,891) (96,002,302) – (335,652,091)
Reclassifications – (19,643) – – – – 410,498,258 (410,478,615) –
Ending balances 39,866,864 155,481,144 7,807,805,992 2,515,141,121 76,950,609 732,320,935 3,986,979,299 149,977,008 15,464,522,972
Accumulated Depreciation
and Amortization
Beginning balances – 106,528,557 3,477,005,548 1,119,249,883 42,421,848 361,649,336 1,356,108,527 – 6,462,963,699
Depreciation and amortization (Note 19) – 8,348,004 1,133,045,384 376,483,460 10,827,287 140,717,645 639,768,579 – 2,309,190,359
Retirements – – (163,261,608) (29,170,793) (12,444,494) (30,237,891) (96,002,302) – (331,117,088)
Reclassifications – (269) (64,583) 64,583 – – 269 – –
Ending balances – 114,876,292 4,446,724,741 1,466,627,133 40,804,641 472,129,090 1,899,875,073 – 8,441,036,970
Net Book Values P
=39,866,864 P
=40,604,852 P
=3,361,081,251 P
=1,048,513,988 P
=36,145,968 P
=260,191,845 P
=2,087,104,226 P
=149,977,008 =7,023,486,002
P
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- 35 -
Construction in progress pertains to costs of constructing new stores and renovation of old stores.
Completion of construction and renovation is expected within 3 months to 1 year from construction
date. The costs of constructed stores are accumulated until such time the relevant assets are
completed and put into operational use.
The Company sold a certain transportation equipment at book value amounting to nil and P
=62,292 for
cash payment as at December 31, 2020 and 2019, respectively.
Also, the Company write-off furniture and equipment with a book value amounting to nil and
=4,472,711 as at December 31, 2020 and 2019, respectively.
P
No property and equipment are pledged nor treated as security to the outstanding liabilities as at
December 31, 2020 and 2019.
9. Deposits
2020 2019
Refundable deposits (Notes 28 and 29) P
=952,720,417 =904,909,861
P
Utilities 81,032,693 76,706,448
Others 21,703,836 21,262,685
P
=1,055,456,946 =1,002,878,994
P
Refundable Deposits
Refundable deposits on rent are computed at amortized cost as follows:
2020 2019
Face value of security deposits =1,031,503,990 P
P =950,682,522
Refunded (1,285,221) (2,533,106)
Unamortized discount (77,498,352) (43,239,555)
=952,720,417 P
P =904,909,861
Movements in unamortized discount are as follows:
2020 2019
Beginning balance =43,239,555 P
P =38,253,411
Additions 62,833,081 18,054,053
Accretion (Note 21) (28,574,284) (13,067,909)
Ending balance =77,498,352 P
P =43,239,555
Utilities and Others

These are deposits that earn interest at prevailing market interest rates which can be refunded or
applied to future billings.
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- 36 -
10. Goodwill and Other Noncurrent Assets
2020 2019
Noncurrent portion of:
Deferred input VAT P
=335,459,158 =505,832,011
P
Prepaid rent 52,794,004 91,019,459
Intangible assets:
Goodwill 65,567,524 65,567,524
Software and program cost 6,908,689 6,039,926
Garnished accounts 1,907,411 1,884,782
P
=462,636,786 =670,343,702
P
Goodwill
On March 22, 2004, the Group purchased the leasehold rights and store assets of Jollimart Philippines
Corporation (Jollimart) for a total consideration of P
=130,000,000. The excess of the acquisition cost
over the fair value of the assets acquired was recorded as goodwill amounting to P =70,178,892. In
2008, the Group recognized an impairment loss in goodwill amounting to P=4,611,368.
The Group assessed and determined that the CGU to be used in assessing the impairment of goodwill
is the Company itself. This assessment reflects how the Group is currently managing its chain of
stores as a single unit, where key decisions (e.g., pricing, inventory level determination, inventory
composition, etc.) are centrally managed and applied across the entire store network.
The recoverable amount of the goodwill was estimated based on the value in use calculation using
cash flow projections from financial budgets approved by senior management covering a 5-year
explicit period, with a continuing value into perpetuity estimated using a constant-growth model.
The calculation of value in use is most sensitive to the following assumptions:
a. Earnings before interest, tax, depreciation and amortization (EBITDA)

EBITDA forecasts management’s best estimates considering factors such as index growth to
market, customer projections and economic factors.
b. Pre-tax discount rates

Discount rates reflect the current market assessment of the risks to CGU and are estimated based
on the weighted average cost of capital for the industry. The rates are further adjusted to reflect
the market assessment of any risk specific to the CGU for which future estimates of cash flows
have not been adjusted. The pre-tax discount rate applied to cash flow projections was 9.28% to
10.25% in 2020 and 9.62% to 9.96% in 2019.
c. Fair value less cost of disposal

The fair values of the assets and liabilities of the CGU were determined in reference to the
available market price for quoted instruments.
Management assessed that no reasonably possible change in pre-tax discount rates, future cash
inflows and fair values would cause the carrying value of goodwill in 2020 and 2019 to materially
exceed its recoverable amount.
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- 37 -
Software and Program Cost

Movements in software and program cost are as follows:
2020 2019
Cost:
Beginning balance P
=34,883,643 =20,920,609
P
Additions 3,727,643 13,963,034
Ending balance 38,611,286 34,883,643
Accumulated amortization:
Beginning balance 28,843,717 19,604,749
Amortization (Note 19) 2,858,880 9,238,968
Ending balance 31,702,597 28,843,717
Net book value P
=6,908,689 =6,039,926
P
Garnished Accounts
Garnished accounts pertain to the amount set aside by the Group, as required by the courts, in order to
answer for litigation claims should the results be unfavorable to the Group (see Note 33).
Other Noncurrent Assets

Other noncurrent assets pertain to the amount of receivable from franchisees and lease receivable net
of current portion of Group (see Note 5).
2020 2019
Receivable from franchisees P
=6,720,074 =12,480,091
P
Lease receivable 51,304,170 195,286,078
P
=58,024,244 =207,766,169
P
11. Bank Loans and Long-term Debt
Bank Loans
Bank loans as of December 31, 2020 and 2019 represent unsecured Philippine Peso-denominated
short-term borrowings of PSC and CDI from various local banks, payable in lump-sum within 1 year
period, respectively, with annual interest rates ranging from 2.68% to 5.75% in 2020 and 4.92% to
6% in 2019, which are repriced quarterly based on market rates.
Movements in bank loans are as follows:
2020 2019
Beginning balance P
=65,000,000 =410,000,000
P
Availments 5,437,000,000 230,000,000
Payments (4,672,000,000) (575,000,000)
Ending balance P
=830,000,000 =65,000,000
P
Interest expense from these bank loans amounted to P=90,672,055, P

=11,450,279, and P
=22,438,885 in
2020, 2019 and 2018, respectively (see Note 20). Interest payable amounted to P =2,391,789, and
=143,750 as at December 31, 2020 and 2019, respectively (see Note 12).
P
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- 38 -
Long-term Debt
Long-term debt availed in 2020 and 2019 represent unsecured Philippine Peso-denominated
borrowings of the Group from various local banks, payable as follows:
Availment date Maturity date Payment schedule Principal Interest rate

December 18, 2020 December 18, 2023 8 quarterly payments 500,000,000 5.30%
December 15, 2020 December 18, 2025 20 quarterly payments 500,000,000 3.88%
December 20, 2019 May 17, 2024 17 quarterly payments 59,000,000 4.75% in 2020, and 4.92% in 2019
September 16, 2019 May 17, 2024 18 quarterly payments 36,000,000 4.75% in 2020, and 5.10% in 2019
June 10, 2019 May 17, 2024 20 quarterly payments 25,000,000 4.75% in 2020, and 6.04% in 2019
June 10, 2019 May 17, 2024 20 quarterly payments 35,000,000 4.75% in 2020, and 6.04% in 2019
May 17, 2019 May 17, 2024 20 quarterly payments 45,000,000 4.75% in 2020, and 6.00% in 2019
The interest rates of the long-term debt are subject to quarterly and monthly repricing based on
market rates.
Movements in long-term debt are as follows:
2020 2019
Beginning balance P
=493,855,263 =840,416,667
P
Availments 1,000,000,000 200,000,000
Payments (160,440,059) (546,561,404)
Ending balance 1,333,415,204 493,855,263
Less current portion 241,690,058 160,440,058
Noncurrent portion P
=1,091,725,146 =333,415,205
P
Interest expense from these borrowings amounted to P

=21,694,485, P=49,558,924, and P
=38,075,376 and
in 2020, 2019 and 2018, respectively (see Note 20). Interest payable amounted to P =4,095,807 and
=3,333,532 and as at December 31, 2020 and 2019, respectively (see Note 12).
P
The proceeds of the bank loans and long-term debt were used for the operations of the Group.
Outstanding long-term debts are as follows:
Terms Outstanding Amounts

Date of Loan Payment Interest
Loan Amount Agreement Lender Schedule Final Payment Rates 2020 2019
8 quarterly
=500,000,000
P December 18, 2020 BPI payments December 18, 2023 5.30% P
=500,000,000 =–
P
20 quarterly
500,000,000 December 15, 2020 BPI payments December 15, 2025 3.88% 500,000,000 –
17 quarterly
59,000,000 December 20, 2019 BPI payments May 17, 2024 4.75% 45,888,889 59,000,000
18 quarterly
36,000,000 September 16,2019 BPI payments May 17, 2024 4.75% 26,526,315 34,105,263
20 quarterly
25,000,000 June 10, 2019 BPI payments May 17, 2024 4.75% 17,500,000 22,500,000
20 quarterly
35,000,000 June 10, 2019 BPI payments May 17, 2024 4.75% 24,500,000 31,500,000
20 quarterly
45,000,000 May 17, 2019 BPI payments May 17, 2024 4.75% 31,500,000 40,500,000
8 quarterly
35,000,000 June 8, 2018 BPI payments. May 28, 2020 4.92% – 8,750,000
8 quarterly
40,000,000 May 11, 2018 BPI payments May 13, 2020 6.27% – 10,000,000
(Forward)
- 38 -
- 39 -
Terms Outstanding Amounts

Date of Loan Payment Interest
Loan Amount Agreement Lender Schedule Final Payment Rates 2020 2019
20 quarterly
250,000,000 November 16, 2017 BPI payments November 16, 2022 4.75% P
=100,000,000. 150,000,000
20 quarterly
250,000,000 August 1, 2017 BPI payments August 1, 2022 4.75% 87,500,000 137,500,000
P=1,333,415,204 =493,855,263
P
The long-term debts of the Group are not covered by any loan covenants.
12. Accounts Payable and Accrued Expenses
2020 2019
Trade payable =5,123,494,264 P
P =5,599,575,622
Rent payable 244,202,661 78,436,729
Utilities 199,589,126 129,785,185
Outsourced services 64,225,364 175,688,056
Bank charges 18,667,080 14,188,340
Employee benefits 18,185,443 214,720,903
Advertising and promotion 14,693,444 8,545,920
Security services 14,505,853 53,045,495
Interest (Notes 11 and 16) 6,679,056 3,965,742
Others (Note 33) 250,169,011 507,820,206
=5,954,411,302 P
P =6,785,772,198
The trade suppliers generally provide 15 or 30-day credit terms to the Group. Prompt payment
discounts ranging from 1.0% to 3.0% are given by a number of trade suppliers. All other payables
are due within 3 months.
Breakdown of interest payable follows:
2020 2019
Bank loans P
=2,391,789 =143,750
P
Long-term debt 4,095,807 3,333,532
Cumulative redeemable preferred shares 191,460 488,460
P
=6,679,056 =3,965,742
P
Others include provisions, and accruals of various expenses related to stores’ operations, and
professional fees, taxes and licenses.
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- 40 -
13. Revenue from Contracts with Customers
Set out below is the disaggregation of the Group’s revenue from contracts with customers:
2020 2019 2018

Revenue source:
Revenue from merchandise
sales =38,890,128,943 P
P =48,037,977,624 P=39,709,088,663
Franchise revenue (Note 31) 3,606,929,900 4,259,859,659 3,820,040,455
Commission income
(Note 31) 1,148,864,430 653,065,324 241,349,012
=43,645,923,273 P
P =52,950,902,607 =P43,770,478,130
Timing of recognition:
Goods transferred at a point
in time =38,890,128,943 =
P P48,037,977,624 P
=39,709,088,063
Services transferred over time 4,755,794,330 4,912,924,983 4,061,389,467
=43,645,923,273 P
P =52,950,902,607 =
P43,770,478,130
Contract Liabilities
2020 2019
Initial franchise fees P
=298,210,623 =358,545,446
P
Gift cards and other contract liabilities 283,870,230 214,870,104
Customer loyalty programme 70,276,627 37,002,649
652,357,480 610,418,199
Less current portion 510,441,833 418,715,881
Noncurrent portion P
=141,915,647 =191,702,318
P
Movements of contract liability arising from initial franchise fees are as follows:
2020 2019
Beginning balance P
=358,545,446 =289,716,596
P
Amortization of initial franchise fees (133,705,098) (130,444,008)
Initial franchise fees received 54,528,519 180,880,616
Accretion of interest expense (Note 20) 18,841,756 18,392,242
Ending balance P
=298,210,623 =358,545,446
P
The amount of initial franchise fees allocated to remaining performance obligations, the amount of
accretion of interest expense in the succeeding years, and the amount of contract liability arising from
initial franchise fees are as follows:
2020
Unamortized Contract liability
interest from initial
Principal expense franchise fees
Within 1 year P
=167,566,722 P
=11,271,746 P
=156,294,976
More than 1 year 152,513,485 10,597,838 141,915,647
P
=320,080,207 P
=21,869,584 P
=298,210,623
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- 41 -
2019
Contract liability
Unamortized from initial
Principal interest expense franchise fees
Within 1 year P181,909,546
= =15,066,418
P =166,843,128
P
More than 1 year 208,697,670 16,995,352 191,702,318
=390,607,216
P =32,061,770
P =358,545,446
P
14. Other Current Liabilities
Details of other current liabilities follow:
2020 2019
Non-trade accounts payable =3,292,370,566 P
P =2,668,315,436
Output VAT payable 264,950,699 239,925,918
Due to franchisees (Note 31) 199,509,141 634,594,603
Retention payable 177,991,960 168,325,844
Unearned revenue 83,908,048 45,579,486
Withholding taxes 81,191,393 114,244,218
Royalty (Note 31) 44,456,575 51,835,888
Service fees payable 15,204,027 9,311,900
Others (Note 24) 42,292,976 119,827,258
=4,201,875,385 P
P =4,051,960,551
Non-trade accounts payable pertains to payable to suppliers of services or supplies that forms part of
general and administrative expenses. These are noninterest-bearing and are due within 1 year.
Due to franchisees pertain to the share of the franchisees to the gross profit of the franchise stores.
These are due within 3 months.
Output VAT payable and withholding taxes are payables to the government and are normally settled
within a month.
Retention payable pertains to the 10% of progress billings related to the construction of stores to be
paid upon completion of the construction.
Service fees payable pertains to management fee to be paid to store operators for managing the stores
under service agreement. This is computed based on a graduated percentage multiplied to stores’
gross profit and is payable the following month.
15. Deposits Payable
Details of this account follow:
2020 2019
Franchisees (Note 31) P
=249,575,253 =199,908,216
P
Service agreements (Note 31) 93,696,245 95,105,259
Rent 18,724,117 18,315,239
P
=361,995,615 =313,328,714
P
- 41 -
- 42 -
16. Cumulative Redeemable Preferred Shares
Cumulative Redeemable Preference Shares
Number of Shares
2020 2019
Authorized - P
=100 par value per share 60,000 60,000
Issued and subscribed 60,000 60,000
The cumulative redeemable preferred shares are redeemable at the option of the holder. The holder is
entitled to annual “Guaranteed Preferred Dividend” at a floating rate of 1.69%, 6.64%, and 4.35% in
2020, 2019 and 2018, respectively, plus spread rate of 1.50% in the earnings of SSHI starting
April 5, 2002, the date when the 25% of the subscription on preferred shares have been paid, in
accordance with the Corporation Code.
The guaranteed annual dividends shall be calculated and paid in accordance with the Shareholders’
Agreement dated November 16, 2000 which provides that the dividend shall be determined by the
BOD of SSHI using the prevailing market conditions and other relevant factors.
Further, the preferred shareholder shall not participate in the earnings of SSHI except to the extent of
guaranteed dividends and whatever is left of the retained earnings will be declared as dividends in
favor of common shareholders. Guaranteed preferred dividends included under “Interest expense”
account in the consolidated statements of comprehensive income amounted to P =191,460, P =718,170,
and P
=260,940, in 2020, 2019 and 2018, respectively (see Note 20). Interest payable amounted to P =
191,460, and
=488,460 as at December 31, 2020 and 2019, respectively (see Note 12).
P
17. Equity
Common Stock
Number of Shares
2020 2019
Authorized - P
=1 par value per share 1,600,000,000 1,600,000,000
Issued and subscribed 757,104,533 757,104,533
The Company was listed with the Philippine Stock Exchange on February 4, 1998 with total listed
shares of 71,382,000 common shares consisting of 47,000,000 shares for public offering and
24,382,000 shares for private placement. The Company offered the share at a price of P
=4.40.
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- 43 -
Below is the Company’s track record of the registration of securities:
Date of SEC order

rendered effective or
permit to sell/ Authorized Issue price/
Date of SEC approval Event Capital Stock Issued shares Par value
Outstanding common
January 9, 1998 shares 400,000,000 166,556,250 =1.00
P
Listed shares:
February 4, 1998 Public offering 400,000,000 47,000,000 =4.40
P
Private 400,000,000 4.40
placement 24,382,000
August 15, 2008 10% stock dividends 400,000,000 23,725,200 1.00
November 15, 2012 15% stock dividends 600,000,000 51,996,445 1.00
November 6, 2017 65% stock dividends 1,600,000,000 297,982,960 1.00
As at December 31, 2020 757,104,533
On July 24, 2012, the BOD and at least 2/3 of the Company’s stockholders approved the increase of
the Company’s authorized common stock from P =400,000,000, divided into 400,000,000 common
shares with par value of P =1 per share, to P
=600,000,000, divided into 600,000,000 common shares
with a par value of P
=1 per share.
The Philippine SEC approved the Company’s application for the increase in its authorized capital
stock on October 19, 2012.
On June 16, 2017, the BOD and at least 2/3 of the Company’s stockholders approved the increase of
the Company’s authorized common stock from P =600,000,000, divided into 600,000,000 common
shares with par value of P
=1 per share, to P
=1,600,000,000, divided into 1,600,000,000 common shares
with a par value of P
=1 per share.
The Philippine SEC approved the Company’s application for the increase in its authorized capital
stock on October 18, 2017.
On November 6, 2017, the Philippine SEC approved the issuance of 297,982,960 shares as stock
dividends to stockholders on record as at November 28, 2017. The stock dividends were issued on
December 14, 2017.
As at December 31, 2020 and 2019, the Company is compliant with the minimum public float as
required by the Philippine Stock Exchange.
Retained Earnings
The Group’s retained earnings is restricted to the extent of P=225,356,564 and P
=235,554,174 as at
December 31, 2020 and 2019, respectively, for the undistributed earnings of subsidiaries and
=2,923,246 as at December 31, 2020 and 2019 for the cost of treasury shares.
P
On November 18, 2015, the BOD approved the appropriation of retained earnings amounting to
=2,450,000,000 intended for store and warehouse expansion. These projects are expected to be
P
completed in 2018.
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- 44 -
On November 7, 2016, the BOD approved additional appropriation of retained earnings amounting to
=900,000,000 intended for store and warehouse expansion. These projects are expected to be
P
completed in 2019.
On November 27, 2017, the BOD approved additional appropriation of retained earnings amounting
to
=1,000,000,000 intended for store and warehouse expansion. These projects are expected to be
P
completed in 2020.
On November 6, 2018, the BOD approved the reversal of previous appropriated retained earnings last
November 18, 2015 amounting to P =2,450,000,000. Further, the BOD approved appropriation of
retained earnings amounting to P=3,200,000,000 intended for store and warehouse expansion. These
projects are expected to be completed in 2021.
On November 18, 2019, the BOD approved the reversal of previous appropriated retained earnings
last November 7, 2016 amounting to P =900,000,000. Further, the BOD approved appropriation of
retained earnings amounting to P=1,900,000,000 intended for store and warehouse expansion. These
projects are expected to be completed in 2022.
On December 15, 2020, the BOD approved extension of appropriation amounting to P

=1,000,000,000,
as previously appropriated last November 27, 2017, intended for store and warehouse expansion.
These projects are expected to be completed in 2021 due to the adverse economic impact of the
pandemic.
Cash Dividends
Details of the Company’s cash dividends declaration for the years ended December 31, 2020, 2019
and 2018 are shown below:
Outstanding no. of
Dividend common shares as Total cash
Declaration date Record date Payment date per share of declaration date dividends
July 16, 2020 August 4, 2020 August 14, 2020 P
=0.30 756,418,283 P =226,925,485
July 18, 2019 August 6, 2019 August 16, 2019 0.50 756,418,283 378,209,142
July 19, 2018 August 7, 2018 August 17, 2018 0.43 458,435,323 325,259,861
The Company’s BOD approved all the cash dividends presented above.
Treasury Shares
There are 686,250 shares that are in treasury amounting to P
=2,923,246 as at December 31, 2020 and
2019. There is no movement in the Company’s treasury shares in 2020 and 2019.
18. Cost of Merchandise Sales

2020 2019 2018
Merchandise inventory,
beginning (Note 6) P
=4,164,073,340 P3,543,379,449
= P2,747,912,176
=
Net purchases 28,862,378,020 34,989,154,764 28,706,650,772
33,026,451,360 38,532,534,213 31,454,562,948
Less merchandise inventory,
ending (Note 6) 4,243,099,966 4,164,073,340 3,543,379,449
=28,783,351,394 P
P =34,368,460,873 P
=27,911,183,499
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- 45 -
19. General and Administrative Expenses
Details of this account follow:
2020 2019 2018

Depreciation and amortization
(Notes 8 and 25) =4,281,848,217 P
P =3,833,029,584 P=1,946,617,252
Outside services (Note 31) 2,253,893,458 2,577,991,812 2,038,375,798
Communication, light and water 1,969,502,344 2,564,171,148 2,184,673,003
Personnel costs (Note 22) 1,313,612,937 1,352,212,429 1,099,620,079
Trucking services 678,678,767 782,969,500 665,801,035
Rent 605,250,082 465,354,485 2,289,978,822
Warehousing services 553,693,097 636,399,349 525,062,094
Repairs and maintenance 546,455,151 608,547,555 496,506,636
Supplies 519,827,392 559,153,684 373,485,078
Taxes and licenses 496,527,222 323,687,254 309,953,198
Royalties (Note 31) 461,061,490 561,214,719 459,278,696
Advertising and promotion 365,977,858 741,010,587 592,278,843
Provision for impairment (Note 5) 77,169,639 12,076,804 13,184,933
Transportation and travel 68,342,699 144,596,289 106,337,423
Dues and subscription 67,667,942 50,227,658 43,942,684
Inventory losses 47,484,917 34,794,339 56,150,772
Insurance 41,635,915 51,527,249 42,935,895
Entertainment, amusement and
recreation 33,517,187 145,403,592 123,286,615
Amortization of software and
program cost (Note 10) 2,858,880 9,238,968 946,389
Others 289,170,804 341,256,335 284,193,525
=14,674,175,998 =
P P15,794,863,340 =
P13,652,608,770
The details of depreciation expense follow:
2020 2019 2018

Depreciation of property and
equipment (Note 8) P
=2,452,700,335 =2,309,190,359
P =1,946,617,252
P
Depreciation of ROU asset
(Note 25) 1,829,147,882 1,523,839,225 –
P
=4,281,848,217 =3,833,029,584
P =1,946,617,252
P
- 45 -
- 46 -
20. Interest Expense
2020 2019 2018

Interest on accretion of lease
liabilities (Note 25) P
=892,575,742 =817,382,956
P =–
P
Interest on bank loans and long-
term debt (Note 11) 112,366,540 61,009,203 60,514,261
Interest on deposit payable 40,369,726 – –
Interest on accretion of initial
franchise fee (Note 13) 18,841,756 18,392,242 15,766,923
Guaranteed preferred dividends
(Note 16) 191,460 718,170 260,940
P
=1,064,345,224 =897,502,571
P =76,542,124
P
21. Interest Income
2020 2019 2018

Accretion of refundable deposits
(Note 9) P
=28,574,284 =13,067,909
P =8,736,549
P
Cash and cash equivalents
(Note 4) 23,828,342 23,253,334 7,402,902
Receivable from employees
(Note 5) 839,213 803,467 819,444
Short-term investment (Note 4) 130,477 128,589 127,780
Receivable from franchisees
(Note 5) – 329,094 16,937
53,372,316 37,582,393 17,103,612
22. Personnel Costs
The details of this account as shown in Note 19 follow:
2020 2019 2018

Salaries and wages P
=797,907,670 =778,846,160
P =661,792,203
P
Employee benefits 437,918,031 483,208,254 392,939,639
Net retirement benefits cost
(Note 23) 77,787,236 88,527,098 44,888,237
Other retirement benefits – 1,630,917 –
P
=1,313,612,937 =1,352,212,429
P =1,099,620,079
P
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23. Retirement Benefits
The Group maintains a trustee, non-contributory defined benefit retirement plan covering all qualified
employees administered by a trustee bank under the supervision of the Board of Trustees (BOT) of
the plan. The BOT is responsible for investment of the assets. It defines the investment strategy as
often as necessary, at least annually, especially in the case of significant market developments or
changes to the structure of the plan participants. When defining the investment strategy, it takes
account of the plans’ objectives, benefit obligations and risk capacity. The investment strategy is
defined in the form of a long-term target structure (investment policy). The BOT delegates the
implementation of the investment policy in accordance with the investment strategy as well as various
principles and objectives to an Investment Committee, which also consists of members of the BOT, a
Director and a Controller. The Controller of the fund is the one who oversees the entire investment
process.
The fair value of plan assets by each class as at the end of each reporting date are as follows:
PSC CDI
December 31, 2020 December 31, 2019 December 31, 2020 December 31, 2019
Government securities P
=122,686,545 =84,584,528
P =–
P =–
P
Corporate bonds – 7,278,484 – –
Investments in equity securities:
PSC - listed shares -
77,508 as at
December 31, 2020
and 2019, respectively 9,285,578 11,006,278 – –
SSHI - unlisted shares 6,000,000 6,000,000 – –
BPI short-term fund:
Unit investment trust fund 1,105,217 2,166,734 158,411 242,061
BPI ALFM mutual fund – – 2,493,980 2,317,776
Accrued interest receivable 859,950 736,600 – –
Fair value of plan assets P
=139,937,290 =111,772,624
P P
=2,652,391 =2,559,837
P
The trustee exercises voting rights over the PSC and SSHI shares held by the retirement fund.
The retirement benefits cost and the present value of the retirement obligations are determined using
actuarial valuations. The actuarial valuation involves making various assumptions.
The principal assumptions used by the Group in determining the net retirement obligations are shown
below:
2020 2019
Discount rates 3.83% 5.16%
Salary increase rates 5.50% 5.50%
Turnover rates:
Age 17-24 5.00% 5.00%
25-29 3.00% 3.00%
30-49 1.00% 1.00%
50-59 0.00% 0.00%
The Group has an amended retirement benefits plan pertaining to retirement attainment age, death
and permanent disability benefit effective starting January 1, 2020. The Group has appropriately
considered changes which resulted to the recognition of past service cost amounting to nil and P
=
45,356,384 in 2020 and 2019, respectively.
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The sensitivity analysis below has been determined based on reasonably possible changes of each
significant assumption on the defined benefit obligation as at December 31, 2020 and 2019, assuming
if all other assumptions were held constant:
2020
Increase
(Decrease) PSC CDI
Discount rates +0.5% (P
=44,692,110) (P
=1,667,875)
-0.5% 52,246,129 1,901,184
Salary increase rate +1% 106,148,807 3,868,100

-1% (81,456,541) (3,058,214)
Average remaining years of service +5 years (966,614) (35,530)

-5 years 17,897,739 655,677
2019
Increase
(Decrease) PSC CDI
Discount rates +0.5% (P
=29,393,747) (P
=991,861)
-0.5% 33,094,782 1,119,522
Salary increase rate +1% 67,859,869 2,297,645

-1% 54,778,117 (1,846,257)
Average remaining years of service +5 years – –

-5 years 5,034,736 170,067
The Group expects to contribute P=10,000,000 and P

=7,251,225 to the defined benefit retirement plans
of PSC and CDI, respectively, in 2020.
The Group does not currently employ any asset-liability matching. The average expected future
service in years of the employees of PSC and CDI is 23 for both entities.
Shown below is the maturity analysis and weighted average duration of the retirement benefits
obligations:
Benefits Payments
PSC CDI
Not exceeding 1 year P
=17,598,879 =–
P
More than 1 year to 5 years 51,077,593 1,711,560
More than 5 to 10 years 179,893,332 10,960,870
More than 10 to 15 years 401,912,911 5,292,543
More than 15 years to 20 years 333,784,488 15,590,162
More than 20 years 9,577,185,067 510,032,838
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- 49 -
Changes in net retirement obligations in 2020 are as follows:
Remeasurements in other comprehensive income

Actuarial
Net retirement benefits cost in changes arising
consolidated statements of comprehensive income from changes in
January 1, Current Subtotal Remeasurement financial Experience Contribution by December 31,
2020 service cost Past Service Cost Net interest (Note 23) Benefits paid on plan assets assumptions adjustments Subtotal employer 2020
Present value of the
retirement obligations
PSC (P
= 434,097,993) (P
= 58,127,408) =– (P
P = 22,399,456) (P
= 80,526,864) P
=5,285,184 =–
P (P
= 106,680,102) P
=49,169,253 (P
= 57,510,849) =–
P (P
= 566,850,522)
CDI (11,578,034) (2,562,500) – (597,427) (3,159,927) – – (4,006,648) 905,704 (3,100,944) – (17,838,905)
(445,676,027) (60,689,908) – (22,996,883) (83,686,791) 5,285,184 – (110,686,750) 50,074,957 (60,611,793) – (584,689,427)
Fair value of plan assets
PSC 111,772,624 – – 5,767,467 5,767,467 (5,285,184) 7,682,383 – – 7,682,383 20,000,000 139,937,290
CDI 2,559,837 – – 132,088 132,088 – (39,534) – – (39,534) – 2,652,391
114,332,461 – – 5,899,555 5,899,555 (5,285,184) 7,642,849 – – 7,642,849 20,000,000 142,589,681
Net retirement obligations (P
= 331,343,566) (P
= 60,689,908) =– (P
P = 17,097,328) (P
= 77,787,236) =–
P P
=7,642,849 (P
= 110,686,750) P
=50,074,957 (P
= 52,968,944) P
=20,000,000 (P
= 442,099,746)
Changes in net retirement obligations in 2019 are as follows:

Remeasurements in other comprehensive income
Actuarial
Net retirement benefits cost in changes arising
consolidated statements of comprehensive income from changes in
January 1, Current Subtotal Remeasurement financial Experience Contribution by December 31,
2019 service cost Past Service Cost Net interest (Note 23) Benefits paid on plan assets assumptions adjustments Subtotal employer 2019
Present value of the retirement
obligations
PSC (P
=224,263,746) (P
=29,782,804) (P
=44,593,913) (P
=20,244,981) (94,621,698) =25,249,845
P P–
= (P
=112,622,824) (P
=27,839,570) (P
=140,462,394) P–
= (P
=434,097,993)
CDI (5,275,144) (1,105,364) (762,471) (454,632) (2,322,467) – – (3,678,245) (302,178) (3,980,423) – (11,578,034)
(229,538,890) (30,888,168) (45,356,384) (20,699,613) (96,944,165) 25,249,845 – (116,301,069) (28,141,748) (144,442,817) – (445,676,027)
Fair value of plan assets
PSC 109,312,977 – – 8,231,267 8,231,267 (25,249,845) (3,521,775) – – (3,521,775) 23,000,000 111,772,624
CDI 2,467,458 – – 185,800 185,800 – (93,421) – – (93,421) – 2,559,837
111,780,435 – – 8,417,067 8,417,067 (25,249,845) (3,615,196) – – (3,615,196) 23,000,000 114,332,461
Net retirement obligations (P
=117,758,455) (P
=30,888,168) (P
=45,356,384) (P
=12,282,546) (P
=88,527,098) =–
P (P
=3,615,196) (P
=116,301,069) (P
=28,141,748) (P
=148,058,013) =23,000,000
P (P
=331,343,566)
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24. Related Party Disclosures
Related party relationships exist when one party has the ability to control, directly or indirectly
through one or more intermediaries, the other party or exercise significant influence over the other
party in making financial and operating decisions. Such relationships also exist between and/or
among entities which are under common control with the reporting enterprise, or between and/or
among the reporting enterprises and their key management personnel, directors or its stockholders.
Outstanding balances are settled through cash.
a. PSC and CDI have transactions with PFI, a foundation with common key management of the
Group, consisting of donations and noninterest-bearing advances pertaining primarily to salaries,
taxes and other operating expenses initially paid by PSC for PFI. Other current labilities
disclosed in the foregoing table include an outstanding balance of donations to its affiliate PFI
amounting to P=11,000,000 (Note 14).

PFI (Note 5) bearing impairment in 2020
advances and 2019. Amounts
are due and
demandable. P
=1,120,927 =773,947
P P
=895,600 =320,378
P
Settlement through
cash.
Other current Affiliate Donations* Not applicable –
liabilities 43,586,887 – 11,000,000
PFI Allocated annual – 11,823,514 – 17,298,142
fund equivalent to
0.5% of annual net
income before tax.
Payable quarterly.
*PSC shall release the allocated fund quarterly which shall correspond to the specific programs of PFI and its budget approved by
the BOT, and the total amount of donation for each year shall not exceed =
P 20,000,000.
b. As at December 31, 2020 and 2019, the Group’s defined benefit retirement fund has investments
in shares of stock of PSC with a cost of P
=122,417.The retirement benefit fund incurred a loss
arising from changes in market prices amounting to P =1,720,700 in 2020 and earned a gain
amounting to
=1,395,162 in 2019.
P
c. Compensation of key management personnel are as follows:
2020 2019 2018

Short-term employee benefits P
=73,928,733 =63,637,363
P =57,207,490
P
Post-employment benefits 8,672,826 10,293,902 5,018,292
P
=82,601,559 =73,931,265
P =62,225,782
P
d. Material Related Party Transactions (MRPT)

The Group adopted the materiality threshold of ten percent (10%) or higher of its total
consolidated assets based on its latest audited financial statements. A threshold lower than ten
percent (10%) may be set by the Board of Directors upon its determination of the risk of the
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- 51 -
MRPT to cause damage to the Company and its shareholders. The threshold shall apply to MRPT
entered between the Company, its subsidiary or affiliate or any related party.
25. Leases
Group as a lessee
The Group has various lease agreements for company-owned and franchised convenience stores,
office spaces, kitchens and warehouses. Leases agreement of the Group generally have lease terms
between 3 to 25 years. The Group’s obligations under its leases are secured by the lessor’s title to the
lease assets. There are several lease contracts that include extension and termination options and
variable lease payments.
ROU asset represents store, warehouse, kitchen and office spaces leased by the Group which are
amortized over the remaining lease term:
Changes in the ROU assets are as follows:

2020
Store Warehouse Office Kitchen Total
Cost
= 7,522,487,521 P =1,438,024,198 P
=102,213,355 P
=10,904,526 P= 9,073,629,600
Additions 1,360,923,159 1,737,926 34,353,678 34,646,546 1,431,661,309
Retirements for store closures (244,203,686). – – – (244,203,686)
Ending balances 8,639,206,994 1,439,762,124 136,567,033 45,551,072 10,261,087,223
Accumulated Depreciation and
Amortization
Beginning balances (1,370,844,921) (134,815,345) (16,591,942) (1,587,017) (1,523,839,225).
Depreciation (1,673,326,659) (125,070,600) (19,458,341) (11,292,282) (1,829,147,882)
Retirements 67,812,130 – – – 67,812,130
Ending balances (2,976,359,450). (259,885,945) (36,050,283) (12,879,299) (3,285,174,977)
Net Book Values P
= 5,662,847,544 P
=1,179,876,179 P
=100,516,750 P
=32,671,773 P
= 6,975,912,246
2019
Store Warehouse Office Kitchen Total
Cost
Beginning balances =–
P =–
P =–
P =–
P =–
P
Effect of adoption of PFRS 16 6,796,246,114 1,434,105,051 60,963,277 10,631,361 8,301,945,803
Beginning balances, as restated 6,796,246,114 1,434,105,051 60,963,277 10,631,361 8,301,945,803
Additions 726,241,407 3,919,147 41,250,078 273,165 771,683,797
Ending balances 7,522,487,521 1,438,024,198 102,213,355 10,904,526 9,073,629,600
Accumulated depreciation and
amortization
Beginning balances – – – – –
Depreciation (1,370,844,921) (134,815,345) (16,591,942) (1,587,017) (1,523,839,225)
Ending balances (1,370,844,921) (134,815,345) (16,591,942) (1,587,017) (1,523,839,225)
Net Book Values =6,151,642,600 P
P =1,303,208,853 =
P85,621,413 =9,317,509 P
P =7,549,790,375
Additions in beginning ROU asset include prepayments and deferred lease asset amounting to
=59,265,785 and P
P =28,471,764 for 2020 and P
=47,399,890 and P
=32,397,789 for 2019, respectively.
The Company also undergone conversion of stores from franchise to company-owned amounting to
=77,132,085 previously classified as lease receivable and subsequently transferred to ROU assets.
P
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- 52 -
The following are the amounts recognized in statements of comprehensive income:
2020 2019
Depreciation expense of ROU assets (Note 19) P
=1,829,147,882 =1,523,839,225
P
Interest expense on lease liabilities 892,575,742 817,382,956
Expense relating to short-term leases 440,687,405 342,117,385
Variable lease payments 35,382,650 107,427,776
Expense relating to low-value assets 21,823,091 15,809,324
P
=3,219,616,770 =2,806,576,666
P
Lease liabilities represents payments to be made over the remaining lease term. Movement of the
lease liabilities during the period are as follows:
2020 2019
At beginning of the period P
=8,759,545,297 =9,194,699,647
P
Additions 1,266,661,336 752,825,455
Termination (191,589,512) –
Interest expense 892,575,742 817,382,956
Payments (1,909,286,903) (2,005,362,761)
Rent Concession (205,187,513) –
Balance at end of the period 8,612,718,447 8,759,545,297
Current lease liabilities 2,125,633,197 2,006,019,727
Noncurrent lease liabilities P
=6,487,085,252 =6,753,525,570
P
Most of the contracts covering property leased by PSC have stipulations stating that the right on the
renewal of lease is on the hand of the lessee, although rates, terms and conditions are still to be agreed
in the future. As such, it is not reasonably certain that the PSC will exercise the option to extend the
lease since the extension is considered unenforceable.
As a lessee, the Group applies the practical expedient and accounted for any change in lease
payments resulting from the COVID-19 related rent concession as not a lease modification. As at
December 31, 2020, the Group recognized as part of other income amounting to P =147,747,363 to
reflect the changes in lease payments that arises from rent concessions.
The Group has various short-term lease agreements relating to its store operations. Certain
agreements provide for the payment of rentals based on various schemes such as an agreed
percentage of net sales for the month and fixed monthly rate. For the year ended December 31, 2020,
rent expense related to short-term leases, variable lease payments and low-value assets amounting to
=440,687,405,
P
=35,382,650 and P
P =21,823,091, respectively.
The approximate annual future minimum rent payable of the Group under its existing non-cancellable
lease agreements as a lessee as at December 31 are as follows:
2020 2019
Not later than one year P
=1,914,212,520 =2,084,326,074
P
After one year but not more than five years 6,687,032,171 6,687,589,236
P
=8,601,244,691 =8,771,915,310
P
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- 53 -
Group as a lessor
The Group has various sublease agreements which provide for lease rentals based on an agreed fixed
monthly rate or as agreed upon by the parties. Rental income related to these sublease agreements
amounted to P
=148,687,434, P=137,107,640, and P=62,704,247 in 2020, 2019 and 2018, respectively.
The Group enters into a transaction for which the underlying asset is re-leased to the franchisees, and
original lease contract between 3rd party and the Group remains in effect. Currently, franchisees have
two different leasing scenarios, (a) 3-party lease contract where the Group acts as the intermediate
lessee to the third-party lessor while the franchisee acts as the sublessee and (b) 2-party lease contract
where the franchisee, similar with the scenario, (a) acts as the sublessee at the same time the lessor or
owner of the leased property.
Lease receivable represents receipts to be received over the remaining lease term. Movement of the
lease receivables during the period are as follows:
2020
Sublease Lease Arrangement
3-Party 2-Party
Balance at beginning of the period P
=573,127,284 P
=327,577,485
Contractual receipts (210,915,726) (15,287,566)
Interest income 77,313,890 6,753,534
Store conversion from franchise to (77,132,085) (6,393,493)
company-owned
Rent concessions (57,440,150) –
Retirement (15,197,957) (9,751,059)
Balance at end of the period P
=289,755,256 P
=302,898,900
2019
Sublease Lease Arrangement
3-Party 2-Party
Balance at beginning of the period =865,854,466
P =398,156,502
P
Contractual receipts (360,758,738) (102,337,193)
Interest income 68,031,546 31,758,175
Balance at end of the period =573,127,284
P =327,577,485
P
Lease receivable and lease liabilities from 2-party sublease arrangement are offset in presenting the
balances at the consolidated statements of financial position, as these contain offsetting arrangements.
The approximate annual future minimum rent receivables of the Company under its existing
non-cancellable lease agreements as a lessor as at December 31 are as follows:
2020 2019
Not later than one year P
=99,799,460 =240,596,414
P
After one year but not more than five years 112,870,885 214,050,377
P
=212,670,345 =454,646,791
P
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- 54 -
26. Income Tax
a. The components of the Group’s provision (benefit) for income tax are as follows:
2020 2019 2018

Current:
MCIT P
=280,566,655 P–
= P–
=
Final tax on interest income 4,791,638 3,878,856 818,720
RCIT 830,515 849,477,551 711,291,912
286,188,808 853,356,407 712,110,632
Deferred (431,698,300) (216,989,537) (30,558,402)
(P
=145,509,492) =636,366,870
P =681,552,230
P
b. The components of the Group’s net deferred income tax assets are as follows:
2020 2019
Deferred tax assets:
Leases P
=423,516,478 =193,392,440
P
Net retirement obligations 132,629,924 99,403,070
Deferred revenue on customer loyalty
programme 105,820,917 23,434,381
Contract liability on initial franchise fees 89,463,187 107,563,634
Accrued rent 72,477,745 22,791,343
Excess of MCIT over RCIT 44,458,221 –
Allowance for impairment on receivables 41,393,773 18,865,957
Unamortized discount on refundable deposits 23,249,505 12,971,867
Unearned gift check 20,998,470 30,036,642
Unearned rent income 4,597,085 1,358,384
Provision for litigation losses 2,858,150 3,191,489
Unamortized past service cost 2,020,412 2,928,445
Unrealized foreign exchange loss 55,521 51,012
963,539,389 515,988,664
Deferred tax liability:
Unamortized premium on refundable deposits – 38,258
– 38,258
Net deferred tax assets P
=963,539,389 =515,950,406
P
c. The reconciliation of the provision for income tax computed at the statutory income tax rate to
provision for income tax shown in the consolidated statements of comprehensive income follow:
2020 2019 2018

Provision for income tax
computed at statutory tax rate (P
=169,568,109) =624,282,107
P =663,992,549
P
Adjustments for:
Nondeductible expenses:
Inventory losses 14,245,476 7,417,630 13,263,874
Interest expense and
others 12,970,978 7,800,307 5,773,872
(Forward)
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- 55 -
2020 2019 2018

Tax effect of rate difference
between final tax and
statutory tax rate on bank
interest income (P
=3,157,837) (P
=3,133,174) (P
=1,439,911)
Nontaxable other income – – (38,154)
(P
=145,509,492) =636,366,870
P =681,552,230
P
d. Details of excess of MCIT over RCIT, which can be claimed as tax credit against RCIT due, are
as follows:
Year incurred Expiry Date MCIT

December 31, 2020 December 31, 2023 =44,458,221
P
e. Corporate Recovery and Tax Incentive for Enterprise Act (CREATE)
In February 2021, the Bicameral Conference Committee of both the Senate and the Congress
have ratified the Bicameral Committee’s version of the proposed “Corporate Recovery and Tax
Incentives for Enterprises (CREATE) Act”, which seeks to reduce the corporate income tax rate
and rationalize the current fiscal incentives by making them time-bound, targeted and
performance-based. Once the approved bill is submitted to the Office of the President for
approval, the President can either approve or veto the fully enrolled bill; or approve or veto only
certain provisions of the bill. If the bill is approved or the 30-day time period for the Office of
the President to veto the bill has lapsed, the bill will then be enacted as a law.
The key changes of the submitted CREATE bill for approval are as follows:
 Effective July 1, 2020, RCIT rate is decreased from 30% to 20% for corporations with
total assets of Php100 million or below and taxable income of Php5 million and below.
All other corporations not meeting the criteria will be subject to lowered RCIT rate of
25% from 30%.
 Effective July 1, 2020 and for a period of 3 years, MCIT rate will lowered from 2% to
1% of gross income; and
 Improperly accumulated earnings tax of 10% will be repealed.
The RCIT and MCIT applied in the preparation of the Group’s financial statements as of and for
the year December 31, 2020 are based on the substantially enacted tax rates existing as of the
balance sheet date which are 30% RCIT and 2% MCIT. Should the CREATE Bill be
subsequently enacted as a law prior to the filing deadline of the 2020 annual income tax return on
April 15, 2021 and the retrospective effectivity beginning July 1, 2020 for both RCIT and MCIT
are carried in the enacted bill, the excess accrued RCIT and MCIT as of the balance sheet date
will be considered as reversal of accrual in 2021.
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- 56 -
27. Basic/Diluted Earnings Per Share
The following table presents information necessary to calculate earnings per share (EPS) on net
income attributable to equity holders of the Group:
2020 2019 2018

a. Net income (loss) =419,717,537) P
(P =1,444,573,485 P
=1,531,756,266
b. Weighted average number
of shares issued 757,104,533 757,104,533 757,104,533
c. Less weighted average
number of shares held in
treasury 686,250 686,250 686,250
d. Weighted average number of
shares outstanding (b-c) 756,418,283 756,418,283 756,418,283
e. Basic/diluted earnings (loss)
per share (a/d) (P
=0.55) =1.91
P =2.03
P
The Group does not have potentially dilutive common shares as at December 31, 2020, 2019 and
2018. Thus, the basic earnings per share is equal to the diluted earnings per share as at those dates.
28. Financial Instruments
The comparison of the carrying value and fair value of all of the Group’s financial instruments (those
with carrying amounts that are not equal to their fair values) as at December 31 are as follows:
2020 2019
Carrying Value Fair Value Carrying Value Fair Value
Financial Assets
Financial Assets at Amortized Cost
Deposits -
Refundable (Notes 7, 9 and 29) P
=952,720,417 P
=995,513,678 =904,909,861
P =882,095,556
P
*Current portion amounting to =
P 1,811,982 and =
P 2,565,824 as at December 31, 2020 and 2019, respectively, are presented as part of
“Others” under “Prepayments and other current assets” account.
Refundable deposits are categorized under level 3 in the fair value hierarchy.
Fair Value Information
Cash and Cash Equivalents, Short-term Investment, Receivables, Accounts Payable and Accrued
Expenses and Other Current Liabilities
Due to the short-term nature of the related transactions, the fair values of cash and cash equivalents,
short-term investment, receivables, accounts payable and accrued expenses and other current
liabilities approximate their carrying values as at balance sheet dates.
Utilities and Other Deposits

The fair value of utilities and other deposits approximates its carrying value as it earns interest based
on repriced market conditions.
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- 57 -
Refundable Deposits
The fair value of refundable deposits is determined by discounting the sum of future cash flows using
the prevailing market rates for instruments with similar maturities as at December 31, 2020 and 2019
ranging from 4.48% to 5.71% and 1.51% to 5.91%, respectively.
Bank Loans and Long-term Debt

The carrying value of bank loans and long-term debt approximates fair value because of recent and
monthly and quarterly repricing of related interest based on market conditions.
Cumulative Redeemable Preferred Shares

The carrying value of cumulative redeemable preferred shares approximates fair value because
corresponding dividends on these shares that are charged as interest expense in profit or loss are
based on recent treasury bill rates repriced annually at yearend.
As at December 31, 2020 and 2019, the Group has no financial instruments measured at fair value.
29. Financial Risk Management Objectives and Policies
The main risks arising from the Group’s financial instruments are credit risk, liquidity risk and
interest rate risk. The BOD reviews and approves policies for managing each of these risks. The
BOD also created a separate board-level entity, which is the Audit Committee, with explicit authority
and responsibility in managing and monitoring risks. The Audit Committee, which ensures the
integrity of internal control activities throughout the Group, develops, oversees, checks and pre-
approves financial management functions and systems in the areas of credit, market, liquidity,
operational, legal and other risks of the Group, and crisis management.
Listed below are the summarized risks identified by the BOD.
Credit Risk
Credit risk is the risk that one party to a financial instrument will cause a financial loss to the other
party by failing to discharge an obligation. The receivable balances are monitored on an ongoing
basis with the result that the Group’s exposure to impairment is managed to a not significant level.
The Group deals only with counterparty duly approved by the BOD.
The following tables provide information regarding the maximum credit risk exposure of the Group
as at December 31:
2020 2019
Cash and cash equivalents:
Cash in banks P
=3,677,320,757 =2,283,552,147
P
Cash equivalents – 1,204,633,586
3,677,320,757 3,488,185,733
Short-term investment 11,493,502 11,389,621
Receivables:
Franchisees 2,945,516,273 2,386,144,706
Suppliers 453,715,484 624,382,665
Leases 238,451,086 377,841,206
Employees 27,124,699 21,888,906
Store operators 1,111,908 4,271,564
(Forward)
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2020 2019
Due from PFI P
=895,600 =320,378
P
Insurance receivable 434,389 7,143,021
Rent 2,777 3,198,031
Others 7,290,841 5,788,636
3,674,543,057 3,430,979,113
Deposits:
Refundable* 954,532,399 907,475,685
Utilities 81,032,693 76,706,448
Others 21,703,836 21,262,685
1,057,268,928 1,005,444,818
Other noncurrent assets -
Noncurrent portion of receivable
from leases 51,304,170 195,286,078
from franchisees 6,720,074 12,480,091
P
=8,478,650,488 =8,143,765,454
P
*Current portion amounting to =P 1,811,982 and =
P 2,565,824 as at December 31, 2020 and 2019, respectively,
are presented as part of “Others” under “Prepayments and other current assets” account.
The following tables provide information regarding the credit risk exposure of the Group by
classifying assets according to the Group’s credit ratings of debtors:
2020
Neither Past Due nor Impaired
Standard Past Due but Past Due and
High Grade Grade not Impaired Impaired Total
Cash in banks P
= 3,677,320,757 =–
P =–
P =– P
P =3,677,320,757
3,677,320,757 – – – 3,677,320,757
Short-term investment 11,493,502 – – – 11,493,502
Receivables
Franchisees – 2,945,442,687 73,586 74,687,223 3,020,203,496
Suppliers – 357,148,693 96,566,791 20,828,427 474,543,911
Leases – 238,451,086 – – 238,451,086
Employees – 18,282,451 8,842,248 6,689,955 33,814,654
Store operators – 1,111,908 – 23,295,930 24,407,838
Due from PFI – 895,600 – – 895,600
Insurance receivable – 434,389 – 106,764 541,153
Rent – – 2,777 4,375,373 4,738,150
Others – 4,308,144 2,982,697 1,738,064 9,028,905
– 3,566,074,958 108,468,099 131,721,736 3,806,264,793
Deposits
Refundable* – 954,532,399 – – 954,532,399
Utilities – 81,032,693 – – 81,032,693
Others – 21,703,836 – – 21,703,836
– 1,057,268,928 – – 1,057,268,928
Other noncurrent assets
Noncurrent portion of
Lease receivable – 51,304,170 – – 51,304,170
Receivable from franchisees – 6,720,074 – 6,257,507 12,977,581
– 58,024,244 – 6,257,507 64,281,751
P
= 3,688,814,259 P
=4,681,368,130 P
=108,468,099 P
= 137,979,243 P
=8,616,629,731
P 1,811,982 as at December 31, 2020 is presented as part of “Others” under “Prepayments and other
current assets” account.
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2019
Neither Past Due nor Impaired
Standard Past Due but Past Due and
High Grade Grade not Impaired Impaired Total
Cash in banks =2,283,552,147
P =–
P =–
P =– =
P P2,283,552,147
Cash equivalents 1,204,633,586 – – – 1,204,633,586
3,488,185,733 – – – 3,488,185,733
Short-term investment 11,389,621 – – – 11,389,621
Receivables
Franchisees – 2,385,733,240 411,466 1,108,330 2,387,253,036
Suppliers – 545,121,172 79,261,493 22,905,346 647,288,011
Leases – 377,841,206 – – 377,841,206
Employees – 21,384,350 504,556 6,689,955 28,578,861
Store operators – 4,271,564 – 19,228,710 23,500,274
Insurance receivable – 7,143,021 – 172,930 7,315,951
Rent – 2,385,371 812,660 2,786,251 5,984,282
Due from PFI – 320,378 – – 320,378
Others – 5,133,628 655,008 3,737,494 9,526,130
– 3,349,333,930 81,645,183 56,629,016 3,487,608,129
Deposits
Refundable* – 907,475,685 – – 907,475,685
Utilities – 76,706,448 – – 76,706,448
Others – =21,262,685
P – – 21,262,685
– 1,005,444,818 – – 1,005,444,818
Other noncurrent assets
Noncurrent portion of
Lease receivable – 195,286,078 – – 195,286,078
Receivable from franchisees – 12,480,091 – 6,257,507 18,737,598
– 207,766,169 – 6,257,507 214,023,676
=3,499,575,354 P
P =4,562,544,917 =81,645,183
P =62,886,523 P
P =8,206,651,977
The Group uses the following criteria to rate credit quality:
Class Description
High Grade Financial assets that have a recognized foreign or local third-party
rating or instruments which carry guaranty/collateral.
Standard Grade Financial assets of companies that have the apparent ability to satisfy
its obligations in full.
The credit qualities of the financial assets were determined as follows:

Cash in banks, cash equivalents and short-term investment are classified as high grade, since these are
deposited or transacted with reputable banks which have low probability of insolvency.
Receivables, deposits and other noncurrent assets are classified as standard grade, since these pertain
to receivables considered as unsecured from third parties with good paying habits.
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The following tables provide the analysis of financial assets that are past due but not impaired and
past due and impaired:
2020
Aging analysis of financial assets past due but not impaired Past Due and
31 to 60 days 61 to 90 days > 90 days Total Impaired Total
Receivables:
Franchisees* =–
P =–
P P
=73,586 P
= 73,586 P
=74,687,223 P
= 74,760,809
Suppliers 11,454,833 13,212,692 71,899,266 96,566,791 20,828,427 117,395,218
Employees 111,445 3,605,385 5,125,418 8,842,248 6,689,955 15,532,203
Store operators – – – – 23,295,930 23,295,930
Rent – 2,777 – 2,777 4,375,373 4,378,150
Insurance – – – – 106,764 106,764
receivable
Others 110,250 1,440 2,871,007 2,982,697 1,738,064 4,720,761
P= 11,676,528 P
= 16,822,294 P
= 79,969,277 P
= 108,468,099 P
= 131,721,736 P
= 240,189,835
*Noncurrent portion amounting to = P 6,257,507, is presented under “Other noncurrent assets”
P 6,720,074, net of allowance amounting to =
account.
2019
Aging analysis of financial assets past due but not impaired Past Due and
31 to 60 days 61 to 90 days > 90 days Total Impaired Total
Receivables:
Franchisees* =151,211
P =–
P =260,255
P =411,466
P P1,108,330
= =1,519,796
P
Suppliers 30,012,726 9,378,701 39,870,066 79,261,493 22,905,346 102,166,839
Employees 152,007 37,500 315,049 504,556 6,689,955 7,194,511
Store operators – – – – 19,228,710 19,228,710
Insurance 172,930 172,930
receivable – – – –
Rent 244,972 256,454 311,234 812,660 2,786,251 3,598,911
Others 411,908 243,100 - 655,008 3,737,494 4,392,502
=30,972,824
P =9,915,755
P =40,756,604
P =81,645,183
P =56,629,016
P =138,274,199
P
*Noncurrent portion amounting to = P6,257,507, is presented under “Other noncurrent assets”
P12,480,091, net of allowance amounting to =
Set out below is the information about the credit risk exposure analysis on the Group’s receivables as
at December 31, 2020 and 2019 using a provision matrix:
2020
Days past due
31 to 61 to 91 to 181 to More
Current 60 days 90 days 180 days 360 days than 360 days Total
Expected credit loss rate <0.01% 0.02% 0.03% 0.08% 12.46% 100.00%
Estimated total gross carrying
amount at default P
=3,365,467,478 P
=11,992,656 P
=16,954,261 P
=71,205,825 P
=9,187,827 P
=102,427,872 P
=3,577,235,919
Expected credit loss P
=34,678,900 P
=316,128 P
=131,967 P
=5,523 P
=418,853 P
=102,427,872 P
=137,979,243
2019
Days past due
31 to 61 to 91 to 181 to More
Current 60 days 90 days 180 days 360 days than 360 days Total
Expected credit loss rate <0.01% 0.02% 0.88% 0.81% 12.35% 100.00%
Estimated total gross carrying
amount at default =466,723,479
P =115,804,523
P =33,369,923
P =10,745,009
P P42,117,158
= P30,976,069
= P699,736,161
=
Expected credit loss =192,012
P =14,451
P =11,664
P 76,401 =3,705,676
P =58,886,320
P =62,886,523
P
There are no significant concentrations of credit risk within the Group.
Liquidity Risk
Liquidity risk is the risk that an entity will encounter difficulty in meeting obligations associated with
financial instruments. The Group seeks to manage its liquidity profile to be able to finance its capital
expenditures and service its maturing debts. To cover for its financing requirements, the Group
intends to use internally generated funds and sales of certain assets.
As part of its liquidity risk management program, the Group regularly evaluates projected and actual
cash flow information and continuously assesses conditions in the financial markets for opportunities
to pursue fund raising initiatives. The Group uses historical figures and experiences and forecasts of
collections and disbursements. These initiatives may include drawing of loans from the approved
credit line intended for working capital and capital expenditures purposes and equity market issues.
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The Group arranged additional credit lines to boost its ability to meet short-term liquidity needs. The
Group has credit-lines amounting to P
=6,023,929,510 and P =5,573,179,950 as at December 31, 2020
and 2019, respectively, and cash and cash equivalents amounting to P =5,137,144,792 and
=4,624,655,095 as at December 31, 2020 and 2019, respectively, that are allocated to meet the
P
Group’s short-term liquidity needs.
The tables below summarize the maturity profile of the financial assets of the Group:
2020
More than More than
Three months three months one year More than
or less to one year to five years five years Total
Cash on hand and in banks P
=5,137,144,792 =–
P =–
P =– P
P =5,137,144,792
Cash equivalents – – – – –
5,137,144,792 – – – 5,137,144,792
Short-term investment – 11,493,502 – – 11,493,502
Receivables
Franchisees 2,945,442,687 73,586 – – 2,945,516,273
Suppliers 381,816,218 71,899,266 – – 453,715,484
Employees 21,195,055 5,929,644 – – 27,124,699
Store operators 1,111,908 – – – 1,111,908
Rent 2,777 – – – 2,777
Insurance receivable 434,389 – – – 434,389
Due from PFI 895,600 – – – 895,600
Leases 238,451,086 – – – 238,451,086
Others 2,564,292 4,726,549 – – 7,290,841
3,591,914,012 82,629,045 – – 3,674,543,057
Deposits
Refundable* – 1,677,842 952,854,557 – 954,532,399
Utilities – – 81,032,693 – 81,032,693
Others – – 21,703,836 – 21,703,836
– 1,677,842 1,055,591,086 – 1,057,268,928
Noncurrent portion of lease receivable – – 51,304,170 – 51,304,170

from franchisees – – 6,720,074 – 6,720,074
– – 58,024,244 – 58,024,244
P
=8,729,058,804 P
=95,800,389 P =1,113,615,330 =– P
P =9,938,474,523
2019
More than More than
Cash on hand and in banks =3,420,021,509
P =–
P =–
P =– =
P P3,420,021,509
Cash equivalents 1,204,633,586 – – – P
=1,204,633,586
4,624,655,095 – – – 4,624,655,095
Short-term investment – 11,389,621 – – 11,389,621
Receivables
Franchisees 2,385,733,240 411,466 – – 2,386,144,706
Suppliers 545,121,172 79,261,493 – – 624,382,665
Employees 21,065,334 823,572 – – 21,888,906
Store operators 4,271,564 – – – 4,271,564
Rent 2,385,371 812,660 – – 3,198,031
Insurance receivable 7,143,021 – – – 7,143,021
Due from PFI 320,378 – – – 320,378
Leases 377,841,206 – – – 377,841,206
Others 956,327 4,803,124 29,185 – 5,788,636
3,344,837,613 86,112,315 29,185 – 3,430,979,113
Deposits
Refundable* – 2,438,784 905,036,901 – 907,475,685
(Forward)
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2019
More than More than
Utilities =–
P =–
P =76,706,448
P =–
P =76,706,448
P
Others – – 21,262,685 – 21,262,685
– 2,438,784 1,003,006,034 – 1,005,444,818
Noncurrent portion of lease receivable – – 195,286,078 – 195,286,078
from franchisees – – 12,480,091 – 12,480,091
P7,969,492,708
= =99,940,720 P
P =1,015,515,310 =– P
P =9,084,948,738
The tables below summarize the maturity profile of the financial liabilities of the Group based on
remaining undiscounted contractual obligations:
2020
More than
three
Three months months More than
or less to one year one year Total
Bank loans P
=800,000,000 P
=30,000,000 =–
P P
=830,000,000
Accounts payable and accrued expenses
Trade payable 5,123,494,264 – – 5,123,494,264
Employee benefits 18,185,443 – – 18,185,443
Outsourced services 64,225,364 – – 64,225,364
Utilities 199,589,126 – – 199,589,126
Rent 244,202,661 – – 244,202,661
Security services 14,505,853 – – 14,505,853
Advertising and promotion 14,693,444 – – 14,693,444
Bank charges 18,667,080 – – 18,667,080
Interest 6,679,056 – – 6,679,056
Others 250,169,011 – – 250,169,011
5,954,411,302 – – 5,954,411,302
Other current liabilities
Non-trade accounts payable 756,326,676 2,536,043,890 – 3,292,370,566
Due to franchisees 199,509,141 – – 199,509,141
Retention payable – 177,991,960 – 177,991,960
Royalty 44,456,575 – – 44,456,575
Service fees payable – 15,204,027 – 15,204,027
Others – 42,292,976 – 42,292,976
1,000,292,392 2,771,532,853 – 3,771,825,245
Long-term debt – 241,690,058 1,091,725,146 1,333,415,204
Cumulative redeemable preferred shares – – 6,000,000 6,000,000
Lease liabilities 478,553,130 1,435,659,390 6,687,032,171 8,601,244,691
P
=8,233,256,824 P
=4,478,882,301 P
=7,784,757,317 P
=20,496,896,442
2019
More than
three
Bank loans =54,653,765
P =10,346,235
P =–
P =65,000,000
P
Accounts payable and accrued expenses
Trade payable 5,599,575,622 – – 5,599,575,622
Employee benefits 214,720,903 – – 214,720,903
Outsourced services 175,688,056 – – 175,688,056
Utilities 129,785,185 – – 129,785,185
Rent 78,436,729 – – 78,436,729
Security services 53,045,495 – – 53,045,495
Advertising and promotion 14,188,340 – – 14,188,340
Bank charges 8,545,920 – – 8,545,920
(Forward)
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2019
More than
three
Interest =3,965,742
P =–
P =–
P P3,965,742
=
Others 507,820,206 – – 507,820,206
6,785,772,198 – – 6,785,772,198
Other current liabilities
Non-trade accounts payable 853,606,764 1,814,708,672 – 2,668,315,436
Due to franchisees 634,594,603 – – 634,594,603
Retention payable – 168,325,844 – 168,325,844
Royalty 51,835,888 – – 51,835,888
Service fees payable – 9,311,900 – 9,311,900
Others – 119,827,258 – 119,827,258
1,540,037,255 2,112,173,674 – 3,652,210,929
Long-term debt – 160,440,058 333,415,205 493,855,263
Cumulative redeemable preferred shares – – 6,000,000 6,000,000
Lease liabilities 521,081,519 6,166,507,717 2,084,326,074 8,771,915,310
=8,901,544,737
P =8,449,467,684
P =2,423,741,279
P =19,774,753,700
P
Interest Rate Risk

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will
fluctuate because of changes in market interest rates. The Group’s fair value and cash flows interest
rate risk mainly arise from bank loans and long-term debt with floating interest rates. The Group is
expecting to substantially reduce the level of bank loans and long-term debt over time. Internally
generated funds coming from its cash generating units and from its franchising business will be used
to pay off outstanding debts and consequently reduce the interest rate exposure.
The maturity profile of financial instruments that are exposed to interest rate risk are as follows:
2020 2019
Due in less than 1 year 1,071,690,058 =225,440,058
P
Due in more than 1 year 1,097,725,146 339,415,205
Rate (Note 11) 2.68%-5.75% 3.64%-6.04%
Interest of financial instruments classified as floating rate is repriced at intervals of 30 days and
90 days. The other financial instruments of the Group that are not included in the above tables are
noninterest-bearing and are therefore not subject to interest rate risk.
The following table demonstrates the sensitivity to a reasonably possible change in interest rates, with
all other variables held constant, of the Group’s income before income tax (through the impact on
floating rate borrowings):
2020 2019
Increase/ Effect on Increase/ Effect on
Decrease in Income Before Decrease in Income Before
Basis Points Income Tax Basis Points Income Tax
Bank loans and long-term debt -
floating interest rate +100 (P
=21,634,152). +100 (P
=5,588,553)
-100 21,634,152 -100 5,588,553.
Cumulative redeemable preferred
shares - floating interest rate +100 (60,000). +100 (60,000)
-100 60,000 -100 60,000
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There is no other impact on the Group’s equity other than those already affecting profit or loss.
Foreign Exchange Risk

Foreign exchange risk is the risk to earnings or capital arising from changes in foreign exchange
rates. The Group’s foreign exchange exposure arises from holding foreign currency-denominated
cash. In order to balance this exposure, the Group maintains a foreign currency accounts in a
reputable commercial bank. The Group does not enter into derivatives to hedge the exposure. The
Group’s cash denominated in foreign currency and converted into Peso using the closing exchange
rates at each balance sheet date are summarized below.
2020 2019
U.S. Dollar Peso U.S. Dollar Peso
Cash in banks $166,194 P
=7,983,295 $84,337 =4,284,470
P
As at December 31, 2020 and 2019, the closing functional currency exchange rate is P
=48.04 and
=50.80 to U.S. $1, respectively.
P
30. Capital Management
The primary objective of the Group’s capital management is to ensure that it maintains a strong credit
rating and healthy capital ratios in order to support its business and maximize shareholder value.
In the light of changes in economic conditions, the Group manages dividend payments to
shareholders, pay-off existing debts, return capital to shareholders or issue new shares. The Group
mainly uses financing from local banks. The Group considers equity attributable to shareholders as
capital. The Group manages its capital structure by keeping a net worth of between 20% to 30% in
relation to its total assets. The Group’s net worth ratio is 25% and 27% as at December 31, 2020 and
2019, respectively. No changes were made in the objectives, policies and processes during the year.
2020 2019
Common stock P
=757,104,533 =757,104,533
P
Additional paid-in capital 293,525,037 293,525,037
Retained earnings 6,431,691,101 7,078,334,123
7,482,320,671 8,128,963,693
Less cost of shares held in treasury 2,923,246 2,923,246

=7,479,397,425 P
P =8,126,040,447
Total assets =29,749,007,469 =
P P29,673,664,154
Net worth 25% 27%
As at December 31, 2020 and 2019, the Group was able to meet its objective.
31. Significant Agreements
a. Franchise Agreements
The Group has various store franchise agreements with third party franchisee for the operation of
certain stores. The agreement includes a one-time franchise fee payment and an annual 7-Eleven
charge for the franchisee, which is equal to a certain percentage of the franchised store’s gross
profit. The agreement also includes charging of various expenses such as rent and utilities which
are recorded by the Group as part of its franchise revenue.
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Details of franchise revenue follow:
2020 2019 2018

Share in gross profit of
franchisees P
=2,867,491,783 P3,491,426,554
= P2,708,357,161
=
Rent, utilities and other expenses 605,733,020 637,989,097 969,922,300
Franchise fee 133,705,097 130,444,008 141,760,994
P
=3,606,929,900 =4,259,859,659
P =3,820,040,455
P
Receivable from franchisees as at December 31, 2020 and 2019 amounted to P =3,033,181,077 and
=2,405,990,634, respectively (see Note 5). Due to franchisees as at December 31, 2020 and 2019
P
amounted to P=199,509,141 and P =634,594,603, respectively (see Note 14). The Group also has
outstanding deposits payable to franchisees amounting to P=249,575,253 and P=199,908,216 as at
Franchise fee is deferred and recognized over 3 or 5 years depending on the franchise type, with
consideration for the time value of money.
Other components of franchise revenue, on the other hand, is recognized at point in time.
b. Service Agreements
The Group has service agreements with third party contractors for the operation of certain stores.
In consideration thereof, the store operator is entitled to a service fee based on a certain
percentage of the store’s gross profit and operating expenses as stipulated in the service
agreement. Service fees included in “Outside services” under “General and administrative
expenses” account amounted to P=66,610,314, P
=207,755,250 and P =148,013,965 in 2020, 2019 and
2018, respectively (see Note 19). The Group also has outstanding deposits payable to third
parties in relation to service agreements amounting to P =93,696,245 and P =95,105,259 as at
c. Commission Income
The Group has entered into agreements with a phone card supplier and various third parties.
Under the arrangements, the Group earns commission on the sale of phone cards, electronic
loads, consigned goods and collection of bills payments based on a certain percentage of net sales
and collections for the month and a fixed monthly rate. Commission income amounted to
=1,148,864,430 P
P =653,065,324, and P=241,349,012, in 2020, 2019 and 2018, respectively
(see Note 13).
d. 2014 and 2016 Exclusivity Contracts
In 2014, the Group has entered into a 3-year exclusivity contract with a third-party ice cream
distributor in the Philippines effective January 2014 to December 2016. The contract indicates
that the third-party ice cream distributor will exclusively supply all ice cream products of 7-
Eleven stores.
In 2016, the exclusivity contract was renewed for another 5 years effective December 2016 to
December 2021.
e. Memorandum of Agreement (MOA) with Chevron Philippines, Inc. (CPI)

The Group has entered into MOA with CPI on August 6, 2009, wherein CPI has granted the
Group as authorized co-locator for a full term of 3-years to establish operate and/or franchise its
7-Eleven stores in CPI service stations. Both parties have identified 10 CPI service stations,
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wherein the Group will give the retailers of these service stations a Letter Offer to Franchise
(LOF) 7-Eleven stores. Upon acceptance of the retailers of the LOF, the retailers will sign a
Store Franchise Agreement (SFA) with the Group. If LOF is not accepted by one of the 10
original service stations identified, that service station will be replaced with another mutually
acceptable service station site.
Upon signing of the MOA, CPI executed a Caltex Retail Agreement with each of the 10 service
station retailers, which shall have a full term of 3 years and which will be co-terminus with the
SFA.
The Group has opened 102 franchised service stations in 2020 and 2019, respectively.
f. Licensing Agreement with Seven Eleven, Inc. (SEI)

The Group executed a licensing agreement with SEI, a stockholder organized in Texas, U.S.A.
This grants the Group the exclusive right to use the 7-Eleven System in the Philippines. In
accordance with the agreement, the Group pays, among others, royalty fee to SEI based on a
certain percentage of monthly gross sales, net of gross receipts tax. Royalty fee amounted to
=461,061,490, P
P =561,214,719 and P =459,278,696 in 2020, 2019 and 2018, respectively
(see Note 19). As at December 31, 2020 and 2019, royalty payable amounted to P=44,456,575 and
=51,835,888, respectively (see Note 14).
P
g. Pandemic Support Program (PSP)

The Group launched PSP that offered a credit line to support its franchisees that are adversely
affected by the ongoing pandemic with the mutual objective to continue the store operations and
franchising business. The agreement provides a separate open account to be referred to as
Pandemic Open Account (POA) for the franchisees who will avail the support. The agreement
includes waving of any unpaid balance in the POA should the Company discontinue the PSP or
should the franchisee decide to terminate the PSP and surrender the store. However, if at any
time the franchisee decides to terminate the PSP and revert to Store Franchise Agreement (SFA),
the unpaid balances under POA will still be collected. In any such case, the franchisee remains to
be liable for all balances under the SFA.
The Group has granted PSP to 700 franchised stores and has outstanding pandemic open account
balance amounting to P
=108,102,227 as at December 31, 2020.
32. Segment Reporting
The Group considers the store operations as its only business segment based on its primary business
activity. Franchising, renting of properties and commissioning on bills payment services are
considered an integral part of the store operations. The Group’s identified operating segments below
are consistent with the segments reported to the BOD, which is the Chief Operating Decision Maker
of the Group.
The products and services from which the store operations derive its revenues from are as follows:
 Merchandise sales
 Franchise revenue
 Commission income
 Rental income
 Interest income
The aforementioned income are all income from external parties.
- 66 -
- 67 -
33. Provisions and Contingencies
The Group is a party to various litigations and claims. All cases are in the normal course of business
and are not deemed to be considered as material legal proceedings. Further, the cases are either
pending in courts or under protest, the outcome of which are not presently determinable.
Management and its legal counsel believe that the liability, if any, that may result from the outcome
of these litigations and claims will not materially affect the Group’s consolidated statements of
financial position or financial performance. As at December 31, 2020 and 2019, the Group has
provisions amounting to P =10,589,068 and P =10,638,296, respectively, and is reported as part of
“Others” under “Accounts payable and accrued expenses” account in the consolidated statements of
financial position. Movements in provisions are as follows:
2020 2019
Beginning balance P
=10,638,296 =10,594,993
P
Additions (reversals) (49,228) 43,303
Ending balance P
=10,589,068 =10,638,296
P
34. Supplementary Disclosure to Cash Flow
Changes in Liabilities Arising from Financing Activities
2020
Cash Flows
Balance as at Balance at the end
beginning of year Availments Payments Others of the year
Lease liabilities (Note 25) P
=8,759,545,297 P
=1,266,661,336 (P
=1,909,286,903) P
=495,798,717 P
=8,612,718,447
Cumulative Redeemable
Preference Shares (Note 16) 6,000,000 – – – 6,000,000
Long-term Debt (Note 11) 493,855,263 1,000,000,000 (160,440,059) – 1,333,415,204
Bank Loans (Note 11) 65,000,000 5,437,000,000 (4,672,000,000) – 830,000,000
Interest Payable (Note 11) 3,965,742 – (123,202,798) 125,916,112 6,679,056
Dividends Payable (Note 17) – 226,925,484 (226,925,484) – –
P
=9,328,366,302 P
=7,930,586,820 (P
=7,091,855,244) P
=621,714,829 P
=10,788,812,707
2019
Cash Flows
Balance as at Balance at the end of
beginning of year Availments Payments Others the year
Lease liabilities (Note 25) =9,194,699,647
P =752,825,455
P (P
=2,005,362,761) =817,382,956
P =8,759,545,297
P
Preference Shares (Note 16) 6,000,000 – – – 6,000,000
Long-term Debt (Note 11) 840,416,667 200,000,000 (546,561,404) – 493,855,263
Bank Loans (Note 11) 410,000,000 230,000,000 (575,000,000) – 65,000,000
=10,459,183,079
P =1,597,034,597
P (P
=3,601,629,924) =873,778,550
P =9,328,366,302
P
2018
Cash Flows
Balance as at Balance at the end
beginning of year Availments Payments Others of the year
Preference Shares (Note 16) =6,000,000,000
P =–
P =–
P =–
P =6,000,000,000
P
Long-term Debt (Note 11) 1,070,833,333 75,000,000 (305,416,666) – 840,416,667
Bank Loans (Note 11) 660,000,000 720,000,000 (970,000,000) – 410,000,000
=7,737,678,042
P =497,017,040
P (P
=1,632,952,771) =60,775,201
P =7,258,483,432
P
- 67 -
- 68 -
Others included the effect of accretion of long-term borrowings, effect of recognition and accretion of
lease liabilities and effect of accrued but not yet paid interest.
35. Significant Non-cash Transactions
The Group engaged in the following significant non-cash activities during the year:
2020 2019
Due to PFRS 16, Leases
Lease liability =1,075,071,826) (P
(P =9,947,525,102)
ROU asset 1,255,269,753 9,073,629,600
Receivable (92,460,378) 865,854,466
Prepayments (59,265,785) (23,835,761)
Deposits (28,471,764) (18,858,342)
Accounts payable and accrued expenses – 69,417,878
Goodwill and other noncurrent assets – (18,682,739)
Property and equipment additions 2,949,484 –
Software additions for the year – 13,963,034
Write-off of furniture and equipment – (4,472,711)
P
=2,949,484. =9,490,323
P
- 68 -
69
Index to the Consolidated Financial Statements and
Supplementary Schedules
December 31, 2020
Schedule I. Reconciliation of retained earnings available for dividend declaration
Schedule II. Map of the relationships of the companies within the group
Schedule III. Financial soundness indicators
Schedule IV. Supplementary schedules required by paragraph 6D, Part II under Revised SRC
Rule 68
70
SCHEDULE I
PHILIPPINE SEVEN CORPORATION

Reconciliation of Retained Earnings
Available for Dividend Declaration
As at December 31, 2020
Unappropriated retained earnings as at December 31, 2019 P

=742,779,954
Less: Deferred income tax assets 507,091,240
Treasury shares 2,923,246
Unappropriated retained earnings available for dividend declaration
as at December 31, 2019, 232,765,468
Add: Net loss during the year closed to retained earnings (409,519,932)
Less: Movement in deferred income tax assets (442,824,872)
Dividend declarations during the year (226,925,485)
Unappropriated retained earnings available for dividend declaration
as at December 31, 2020 =–
P
71
SCHEDULE II

Map of the Relationship of the Companies within the Group
December 31, 2020
72
SCHEDULE III

Financial Soundness Indicators
December 31, 2020
Ratios Formula In Php 2020 2019
Current ratio Current assets 13,896,794,073 1.00 0.93

Current liabilities 13,864,318,289
Debt-to-equity Total liabilities 22,395,139,695 3.05 2.69

ratio Total stockholders’ equity 7,353,867,774
Asset-to-equity Total assets 29,749,007,469 4.05 3.69

ratio Total stockholders’ equity 7,353,867,774
Earnings before
Interest rate interest and tax expenses 499,118,195 0.47 3.32
coverage ratio Interest expense 1,064,345,224
Net income margin Net loss (419,717,537) (0.96%) 2.72%

Revenue 43,645,923,273
Return on equity Net loss (419,717,537)

Ave. total stockholders’ (8,037,589,057+ (5.45%) 19.12%
equity 7,353,867,774)/2
Cash + Marketable
Acid test ratio securities + Accounts 0.64 0.34
receivable 8,823,181,351
Current liabilities 13,864,318,289
Net loss after-tax + (419,717,537) +

Solvency ratio Non-cash expenses 5,225,904,945 0.21 0.29
Short-term liabilities + (13,864,318,289 +
Long-term liabilities 8,530,821,406)
Net loss (419,717,537)

Return on assets (1.41%) 6.14%
Ave. total assets (29,749,007,469) +
(29,673,664,154)/2
73
SCHEDULE IV

Supplementary Schedules Required by Paragraph 6D, Part II
Under Revised SRC Rule 68
December 31, 2020
Schedule A. Financial Assets
Valued based
Number of on market
shares or quotations at
Name of issuing entity principal Amount shown in end of
and association of each amount of bonds the consolidated reporting Income received
issue and notes financial position period and accrued
Financial Assets at
Amortized Cost
Cash and cash equivalents N/A =5,137,144,792
P N/A =23,862,898
P
Short-term investment N/A 11,493,502 N/A 156,223
Receivables N/A 3,674,543,056 N/A 778,789
Deposits N/A 1,002,878,994 N/A 28,344,573
Other noncurrent assets N/A 878,109,871 N/A −
=10,704,170,215
P =53,142,483
P
74
SCHEDULE IV
Schedule B. Amounts Receivable from Directors, Officers, Employees, Related Parties and Principal Stockholders (Other than Related Parties)
Balance of Beginning of Amounts Amounts Balance at end of

Name and Designation of debtor Additions Current Noncurrent
Period 2020 collected Written off period 2020
AUDIT - Common 144,562 5,291 90,582 − 59,271 59,271
AUDIT- Corporate Audit − 170,000 30,194 − 34,000 105,806 139,806
BDD - Common 185,638 7,393 90,582 − 87,445 15,003 102,449
BDD - Const & Design 777,914 203,701 341,817 − 192,158 447,640 639,798
BDD - Fran Mktg & Planning 677,624 212,249 147,939 − 259,352 482,582 741,934
BDD - Site Acqui Central 259,564 15,061 77,219 − 146,792 50,614 197,406
BDD - Site Acqui North 530,996 22,783 164,429 − 118,916 270,435 389,351
BDD - Site Acqui South 558,066 22,003 181,999 − 161,365 236,706 398,070
FIN - Acctg 164,320 6,828 67,936 − 64,235 38,977 103,212
FIN - Common 136,926 4,608 141,534 − − − −
FIN - DPC 274,626 7,332 251,212 − 30,746 − 30,746
FIN - Tax 296,276 13,474 72,465 − 62,010 175,275 237,284
HR - Admin Services 155,729 − 43,593 − − 112,137 112,137
HR - Labor Rel & Planning 203,397 8,828 67,936 − 62,133 82,155 144,289
HR - WPD 208,191 9,073 67,936 − 61,875 87,452 149,328
ITD - Bus Systems 154,782 6,285 59,444 − 35,351 66,272 101,623
ITD - Common 518,483 603,332 126,815 − 235,331 759,669 995,000
ITD - IT Infrastructure and Security 272,990 10,284 109,063 − 60,602 113,610 174,212
ITD - IT Support 369,799 7,042 46,013 − 114,130 216,699 330,829
LCSD - Legal & Corp Common 520,098 22,091 159,462 − 171,972 210,755 382,727
MKTG - Masterdata 224,273 8,457 90,516 − 33,491 108,723 142,214
MKTG - Brand Activation 169,276 185,620 97,659 − 96,229 161,008 257,237
MKTG - Brand Comm − 343,724 30,194 − 13,474 300,056 313,530
MKTG - Chilled Meals 166,685 5,850 118,889 − 53,645 - 53,645
MKTG - Common 1,064,367 36,185 211,735 − 108,969 779,848 888,817
MKTG - Crunch Time 143,271 6,277 38,900 − 35,058 75,590 110,648
MKTG - Exclusive & Spcl Events − 174,884 39,630 − 33,631 101,623 135,254
MKTG - Food Cat 8,775 46 8,821 − − − −
MKTG - Food Service 194,354 185,982 137,288 − 120,855 122,192 243,047
MKTG - Food Service Support 19,528 286 19,814 − − − −
MKTG - Non Food Cat 310,877 2,470 284,234 − 29,112 − 29,112
MKTG - Regulated Vice − 257,117 67,936 − 60,100 129,081 189,181
MKTG - Vault 441,711 11,542 274,814 − 90,988 87,452 178,439
MR - BDD 1,149,055 35,600 304,497 − 281,327 598,831 880,158
MR - Const & Design 185,143 7,769 54,930 − 33,491 104,490 137,981
MR - Mindanao 1 175,244 1,987 324,899 − 34,798 (182,467) (147,669)
MR - Mindanao 2 − 453,514 102,377 − 71,752 279,386 351,138
OPS - Commom 28,072 - 28,072 − − − −
OPS - Common − 1,117,406 245,703 − 221,804 649,899 871,703
OPS - Facility & Maintenance 129,045 5,023 67,936 − 66,132 0 66,132
OPS - NCLBU 68,764 361,154 128,636 − 116,401 184,881 301,281
75
SCHEDULE IV
Balance of Beginning of Amounts Amounts Balance at end of

Name and Designation of debtor Additions Current Noncurrent
Period 2020 collected Written off period 2020
OPS - NLBU 441,115 10,739 285,546 − 166,307 − 166,307
OPS - North 1 343,767 − 72,465 − 86,053 185,249 271,302
OPS - North 2 − 213,007 79,260 − 74,502 59,246 133,747
OPS - North 3 244,175 182,901 116,332 − 68,352 242,392 310,744
OPS - North 4 86,656 315,677 112,095 − 99,851 190,386 290,237
OPS - North 5 295,299 − 295,299 − − − −
OPS - North Central 1 408,085 6,318 316,014 − 64,771 33,618 98,389
OPS - SCLBU 58,964 406,841 143,978 − 116,142 205,685 321,827
OPS - SLBU 182,725 421,018 82,781 − 126,954 394,008 520,962
OPS - South 1 333,950 14,501 107,566 − 97,826 143,059 240,885
OPS - South 2 221,201 6,574 129,794 − 64,502 33,478 97,981
OPS - South 3 144,289 5,803 67,936 − 65,312 16,844 82,156
OPS - South 4 282,259 11,771 95,800 − 88,327 109,903 198,230
OPS - South 5 335,375 15,269 78,530 − 67,264 204,850 272,114
OPS - South 6 152,945 52,749 79,260 − 58,235 68,198 126,434
OPS - South Central 1 44,823 − 44,823 − − − −
OPS - South Central 2 − 46,195 31,763 − 6,564 7,869 14,433
OPS - South Central 3 15,921 509,688 72,465 − 60,734 392,410 453,143
OPS - South Central 4 302,315 − 302,315 − − − −
OPS - South Central 5 298,682 13,474 68,833 − 62,010 181,314 243,323
OPS - Tanpin Kanri 340,328 570,269 113,111 − 102,264 695,223 797,486
OTP - Corp Plan 188,896 8,086 67,936 − 62,913 66,132 129,045
OTP - Digital Unit 564,632 − 564,632 − − − −
OTP- E-Wallet 87,324 − 39,630 − 39,630 8,065 47,695
PRD - Common 95,067 − 95,067 − − − −
VR - BDD 362,051 10,831 188,678 − 71,929 112,275 184,204
VR - Const & Design 484,474 188,231 127,387 − 89,213 456,105 545,318
VR - Plang & Support 272,981 179,234 98,542 − 89,536 264,136 353,672
VR - Visayas 1 141,488 6,138 38,182 − 35,205 74,239 109,444
VR - Visayas 2 238,580 10,270 77,812 − 72,519 98,519 171,038
VR - Visayas 3 − 175,000 19,815 − − 155,185 155,185
VR - Visayas 4 − 350,000 29,722 − 35,000 285,278 320,278
VR - VRBU 464,257 3,434 272,874 − 33,478 161,339 194,817
Various Employees loan 8,265,941 24,295,981 17,482,069 − 4,566,073 10,513,781 15,079,854
Total 28,259,845 32,743,975 27,993,393 10,319,985 22,690,443 33,010,428
76
SCHEDULE IV
Schedule C. Amounts Receivable from Related Parties which are Eliminated During the
Consolidation of Financial Statements
Balance of
Name and Designation beginning of Amounts Amounts Balance at end of
of Debtor period Additions collected written off Current Non current period
CONVENIENCE
DISTRIBUTION, INC. -
Subsidiary
=2,257,524
P =35,527,853
P =31,727,724
P =-
P =6,057,653
P =-
P =6,057,653
P
STORE SITES
HOLDINGS, INC. -
Subsidiary 807,538 2,065,122 1,309,158 - 1,563,502 - 1,563,502
Schedule D. Intangible Assets - Other Assets
Other charges
Charged to cost Charged to other additions
Description Beginning balance Additions at cost and expenses accounts (deductions) Ending balance
Software & Program
Cost
=6,039,927
P =3,727,642
P = 2,858,879
P =–
P =–
P =6,908,689
P
Goodwill 65,567,524 – – – – 65,567,524
Schedule E. Long Term Debt
Amount shown under

caption "Current Amount shown under
portion of long-term caption "Long Term
debt" in related Debt" in related
Title of Issue and type Amount authorized by consolidated financial consolidated financial
of obligation indenture position position "
Philippine peso
denominated long-
term debt =1,333,415,204
P =241,690,058
P =1,091,725,146
P
Schedule F. Indebtedness to Related Parties (Long-Term Loans from Related Companies)
Balance at beginning of period Balance at end of period

NONE – –
77
SCHEDULE IV
Schedule G. Guarantees of Securities of Other Issuers
Name of issuing
entity of securities
guaranteed by the Title of issue of
Group for which each class of Total amount Amount owned by
this statement is securities guaranteed and person for which Nature of
filed guaranteed outstanding statement is filed Guarantee
NONE – – – –
Schedule H. Capital Stock
Number of
shares issued
and Number of
outstanding shares
as shown reserved for
under related options,
consolidated warrants, Number of
Number of financial conversion shares held Directors,
Title of Shares position and other by related officers and
Issue authorized caption rights parties employees Others
COMMON
STOCK 1,600,000,000 756,418,283 – 394,970,516 31,756,064 329,691,703
78
SCHEDULE IV
79
APPENDIX “D”
PHILIPPINE SEVEN CORPORATION

2020 SUSTAINABILITY REPORT
1
2020 Sustainability Report
Philippine Seven Corporation
Contextual Information
Company Details
Name of Organization PHILIPPINE SEVEN CORPORATION
TH
7 Floor, The Columbia Tower
Location of Headquarters
Ortigas Avenue, Mandaluyong City, 1550
Location of Operations Philippines
Report Boundary: Legal CONVENIENCE DISTRIBUTION, INC. (CDI)
entities (e.g. subsidiaries) STORE SITES HOLDING, INC. (SSHI)
included in this report* PHILSEVEN FOUNDATION, INC. (PFI)
Philippine Seven Corporation (the “Corporation” or “PSC”) was registered with the Securities and Exchange
Commission (“SEC”) on November 23, 1982. It acquired from Southland Corporation (now Seven Eleven,
Inc. or “SEI”) of Dallas, Texas the license to operate 7-Eleven stores in the Philippines on December 13,
1982.
PSC’s area license to operate 7-Eleven Stores in the Philippines was renewed on August 31, 2007, for
another term of 20 years, renewable every 10 years.
The primary activity of PSC is to operate 7-Eleven Stores in the Philippines. The stores offer a variety of
products and services, which generally include groceries, take-out foods and beverages, dairy products,
non-food merchandise, specialty and proprietary items, and incidental services, emphasizing convenience
to the consumer under the 7-Eleven System, which is being continually refined and modified to meet and
serve the changing preferences of the consumers.
PSC sells its developed or own branded products or services under the following trademarks:
1. HOTTARICE 14. CITY BLENDS (Class 43)

2. BUSOG MEALS 15. CITY BLENDS PRIMA
3. BIG TIME MEALS 16. HONEST-TO-GOODNESS COFFEE
4. HOTTAULAM! 17. BEAN HERE (DEVICE)
5. CHEF CREATIONS 18. BEAN HERE (WORDMARK)
Business Model, including
6. HOT POT 19. EVERY DAY!
Primary Activities, Brands,
7. CRUNCH TIME 20. CLIQQ (™LOGO)
Products, and Services
8. FLAVORITES 21. CLIQQ (WORD MARK )
9. SOFT BITES 22. CLIQQ (PLAIN WORD MARK)
10. BUTTERY SOFT 23. LIFE’S EASIER IN A CLICK!
11. FUNDAE CONE 24. CLIQQ EXPRESS
12. FUNDAE FROYO 25. QQCODE
13. FUN INTENDED 26. QCODE
Also offered in the store are proprietary product lines under the 7-Eleven trademark such as but not
limited thereto:
1. SLURPEE
2. BIG BITE
3. BIG GULP
4. GULP
5. 7-SELECT
6. 7-FRESH
7. 7-CONNECT
For services, the following are being offered in the stores:

1. Cell phone card load
1. 2. Bills/merchant payment
2. 3. E-money cash-in
3. 4. Online shopping via CLIQQ grocery
Reporting Period January 1 to December 31, 2020
Highest Ranking Person Mr. Ying-Jung Lee
responsible for this report Chief Operating Officer
*If you are a holding company, you could have an option whether to report on the holding company only or include the subsidiaries. However, please
consider the principle of materiality when defining your report boundary.
2
Materiality Process
1
Explain how you applied the materiality principle (or the materiality process) in identifying your material topics.
Overview
PSC began its journey towards sustainability reporting on March 28, 2019, when it became a signatory to the Sustainable Development
Pledge together with other licensed 7-Eleven operators and brand stewards during the 7-Eleven 2019 International Summit - “Good for
Life, Great for the Planet” held at Tokyo, Japan. PSC pledged to continue operating as a socially responsible brand in support of the 2030
Sustainability Development Goals (SDGs) of the Seven Eleven global family of licensees. This pledge is aligned with its Corporate
Governance (CG) Manual, which includes as part of corporate governance, social responsibility in all its dealings with the communities
where it operates. On November 17-19, 2020, PSC attended the first Environmental, Social, and Governance (ESG) Forum hosted by 7-
Eleven, Inc. The event was a global virtual event that convened licensees, master franchisees, and partners from 15 countries with the goal
of sharing best practices, identifying synergies, and a better understanding of successful local initiatives.
The Corporation, guided by the GRI Standards and the UN SDGs, commenced its documentation and reporting process of
sustainability practices, through a workshop facilitated by a GRI representative with key officers/employees from its business
units, subsidiaries, and affiliates. Material topics, important stakeholders, and the Corporation’s policies to respond to their
concerns were determined. Engagement sessions with key officers/employees who deal directly with external stakeholders
were also made.
In the first year of reporting, PSC set its sustainability projects starting with solid waste reduction as its initial focus for 2020
to 2021. While gearing towards plans and projects on waste reduction, necessary adjustments to cope with the recent
COVID-19 Pandemic were taken by the Corporation through different initiatives in line with policies and standards set forth
by the government.
Below is the diagram showing the Corporation’s materiality process:
See GRI 102-46 (2016) for more guidance.

3
A. UN SDGs supported by PSC
Following the materiality process indicated above, the updated SDGs that PSC supports are as follows:
SDG PSC’s Contribution SDG PSC’s Contribution
 Offer fresh fruits, ready-to-eat food, salads, and

cup drinks in 7-Eleven stores.
 Promote equal opportunity to all
 Offer activities that promote health and wellness employees regardless of gender, age, and
across demographics such as the annual Run 7- sector through providing pay based on
Eleven and Trail 7-Eleven. performance.
For 2020, the virtual run has a total of 20,000
participants. Provide its employees at all levels with
health insurance and recreational and wellness activities such as yearly sports
tournaments, after-work fitness classes, nutrition, and work-life balance
programs.
 “BiyaHero” Project during COVID-19 Pandemic in areas where food and  Develop a playground park under its
grocery deliveries are not available. Store personnel deliver the items directly “Everyday Play” project within community
to customers' homes. public spaces for accessible green, safe public
 Bayanihan Promotion: During COVID-19 Pandemic PSC increased its spaces for a friendly and healthy community.
product assortment and offered better value pricing.
 Provide communities where 7-Eleven operates

access to quality Early Childhood Care and
Development (ECCD) education through an
 Reduce and manage waste generated in its
Alternative Learning Facility (ALF) called the Gulong
operations through reduction of the use of
ng Karunungan (GNK) - an educational facility in a
plastic utensils, use of paper bags in stores
mobile van.
instead of plastic bags, and waste
 Provide a Scholarship Program for deserving segregation.
undergraduate PSC employees for career growth. Continuing education of
employees under PSC’s University of Seven Eleven Program (USEP)  Adopt measures to minimize its
environmental footprint through the
employment of materials and equipment
 Promote a diverse workforce through contributing to energy and water
practice/enforcement of equitable treatment of all conservation in 7-Eleven stores and
genders. offices. Collaborates with utility
providers to achieve better energy
efficiency based on each store’s
requirements.
 Create sustainable jobs in areas where 7-Eleven
stores are located. Adheres to general labor
standards and occupational health and safety
standards. Offers business opportunities to qualified
employees and individuals with a 7-Eleven  Pursue public-private and civil society
franchise. partnerships through supporting Disaster
Relief Operations of the government and
providing immediate relief & sustenance to
 Convenience in digital transactions such as online displaced families/individuals and volunteers
shopping, bills/merchant payment, use of e-money during a major disaster/calamity/pandemic.
through its CLiQQ Shop, 7-Connect/CLIQQ App, and
CLiQQ pay services, respectively.  PSC is a signatory to the Sustainable
Development Pledge together with other licensed 7-Eleven operators
 PSC partnered with Seven Bank subsidiary to
and brand stewards during the 7-Eleven 2019 International Summit -
bring ATMs to 7-Eleven stores nationwide.
“Good for Life, Great for the Planet” held in Tokyo, Japan. PSC pledged
 Tie up with Food Panda Philippines, Inc. for the delivery to customers of 7- to continue operating as a socially responsible brand in support of the
Eleven Crunch Time products (i.e. fried chicken, fries and corn dog) and other 2030 Sustainability Development Goals (SDGs) of the Seven Eleven
7-Eleven products/merchandise. global family of licensees.
4
B. Stakeholder Engagement
Given the Pandemic situation, the Corporation prioritizes the importance of understanding stakeholder expectations. PSC
revalidated its listing of important stakeholders and the primary engagement methods and policy/activities to address
stakeholder concerns, as follows:
Stakeholders Main Engagement Method Main Policy/Activities

● Carry an optimized assortment of beverages,
food service items, fresh foods, hot foods,
● Launch of online grocery confectioneries, personal care products,
a) Customers - The average number of
● Daily store operations i groceries.
customers that transact in the stores is
● Customer care hotline and ● Convenience in digital transactions such as
about 532 per day per store with an
email for customer online shopping, bills/merchant payment, use
average purchase transaction of P89.02.
concerns of e-money through its CLiQQ Shop, 7-
Connect/CLIQQ App, and CLiQQ pay services,
respectively.
● Promote open green spaces and supports
child-friendly communities through the
construction and development of a
community playground with the Everyday Play
● Participation in Project.
b) Local Communities - As of Year-End (YE) community activities ● Donation of Rapid Test Kits, vitamin C, and
2020, PSC is operating 2,978 stores through its CSR arm face shields to different City partners, DSWD
nationwide. The Corporation contributes to PhilSeven Foundation Inc. Frontliners, other medical frontliners and PSC
the local community development by (PFI). employees
providing products and services to different ● Donation of meals to volunteers of DSWD-
local communities where it operates and ● Participation in NRLMB during repacking of family food packs
supports social welfare projects beneficial programs/activities to in response to Covid-19 Pandemic and various
to the development of the community. help combat the effects of calamities.
the Pandemic ● 7- Eleven Day Celebration - Support to
Medical Frontliners: Provision of ready-to-eat
meals and vitamin C supply for 7 days to a
total of 11 hospitals in Luzon, Visayas, and
Mindanao.
● First, Best, and Only (FBOs) and Get It First
(GIFs): Product launches exclusively for a time
c) Suppliers/Business Partners - The
to 7-Eleven Stores (i.e. Monster Energy Ultra,
Corporation’s merchandise stocks are
Fuwa Fuwa Deli Ham and Cream Cheese, and
supplied by over 400 vendors/suppliers and
● Product Development Tuna Mayo)
are mostly governed by the trading terms
Programs
contract and accreditation standards of the
● Co-Branding: Tie-Ups with other brands for a
Corporation. The top suppliers account for
● Quality Improvement specific product (7-Fresh Toasted Sandwich
a 43.01% share in the 7-Eleven business.
Programs Holiday Ham, Chef Creations AND Manam
Considering their contribution, PSC values
Sisig & Kare-Kare, Chef Creations AND Rico’s
its relationship with its suppliers/business
Lechon Dinuguan & Lechon Paksiw,
partners.
HottaUlam AND Rico’s Single Serve Lechon
Sisig and Lechon Binagoongan)
● Strengthening of store operation capabilities
● Construction and ongoing improvement of a
highly competitive franchise system
● Franchise briefings and ● Recognition and sharing of best practices
d) Franchise Store Owners – Out of the
trainings among franchisees.
operating 2,978 stores, 1,610 are franchise
● Trade shows ● Pandemic Support Program (PSP) was made
stores and the remaining 1,368 are
● Annual Franchise Day available to PSC Franchisees. Through PSP, PSC
corporate-owned stores. The store
● Franchise Advisory Council offered a 711M credit line (draw as needed,
franchise contracts have an average term of
● Pandemic Support pay when able, zero interest, forgiven if you
5 years each.
Program (PSP) give up) subject to more stringent
performance requirements and unilaterally
discontinued for any reason.
5
● Annual Stockholders’
e) Shareholders & Investors - PSC considers Meeting
the benefit of its shareholders as one of ● Meetings/Briefings with ● Return capital to shareholders through a
its priority management policies. It aims investors sustainable dividend policy
to sustain revenue stream and ● Investor relations ● Compliance with accounting procedures and
progressive growth to further enhance materials in the website timely disclosure of information
shareholder value. for information for
investors
● Workforce diversity
● Employees’ Wellness ● Transparent performance appraisal process
Program to help fight ● Compliance with general labor standards &
COVID-19 occupational health and safety requirements
● Work From Home (WFH) ● Regular health and wellness activities.
Arrangement and other ● During the Pandemic, regular provision of
f) Employees - As of YE2020, the Corporation
alternative working vitamin C, face shield, face masks, and
has a total of 3,247 direct hires for support
arrangements disinfectants.
offices and stores including those who
● Employees’ Council ● Support for development of employee abilities
augment the temporary needs during peak
● Policy briefings through online training
hours or season in the stores and the
● Employee opinion survey ● Supplemental benefits or incentives to its
support services units with cooperative
Employee training employees such as: retirement benefit plan,
members.
● Performance Appraisal health card, group life and accident insurance
Tool linked to incentive plan, various employee programs, and
programs recognition of top-performing employees and
service awards among others.
● Annual Performance Bonus for employees
based on performance appraisal rating.
The year 2020 became a challenging year due to the COVID-19 Pandemic and we listed down below the Corporation’s
efforts to address the effect of the Pandemic on its employees:
Title Policies
1. Health Reminder (Body Temperature
Body temperature monitoring to ensure health safety inside the office
Taking and Variance)
2. Guidelines for Work from Home Implementing rules on dry run WFH arrangement and compliance with
Arrangement National Privacy Commission (NPC) rules
Provision of company vehicle for employees that are part of the skeletal
3. Head Quarters (HQ) Skeletal Force
workforce
4. Work Arrangement for COVID-19 Putting PSC employees and outsourced personnel health as the utmost
Vulnerable Employees priority, the company allowed those considered vulnerable not to render
duty.
In support of those personnel rendering work despite the Enhanced
5. Granting of Cash Advance & Hazard
Community Quarantine (ECQ), the Corporation has approved the granting of
Pay
emergency financial assistance in the form of cash advance and hazard pay.
Launched the Motorcycle & Bicycle Loan Program to provide employees with
6. Motorcycle & Bicycle Loan Program an alternative mode of transportation that will help them minimize COVID-19
exposure during their daily commutes.
Installation of overhead germinators in all office units and provided portable
7. Office Disinfection Using Ultraviolet
sterilization units for small areas like restrooms, pantries, meeting rooms,
Lights (UVC) Technology
hallways, etc.
In partnership with the health card provider, launched Teleconsult Services
8. Teleconsult Services (Konsulta MD)
to serve employees and dependents better in the comfort of their homes.
9. Wearing of Face Shield in the All reporting employees were provided and required to wear face masks &
Workplace face shields to ensure their safety and health.
10. Flu Vaccine Administration 2020 Annual administration to employees of flu vaccine
6
PSC also launched the “BiyaHero” Project which was first piloted in Northern Luzon where food and grocery deliveries are
not available. The term “biyahe” is to travel and the “hero” are the store personnel who are also considered frontliners
who are willingly serving our customers in the midst of the COVID-19 Pandemic.
C. Disclosure Topics and Management Approach
As provided in PSC’s CG Manual, the Corporation shall be socially responsible in all its dealings with the communities where
it operates. It should ensure that its interaction serves its environment and stakeholder in a positive and progressive manner
that is fully supportive of its comprehensive and balanced development. The Corporation shall recognize the importance of
the interdependence between business and promote a mutually beneficial relationship that allows the Corporation to grow
its business while contributing to the advancement of the society where it operates.
PSC is exploring opportunities for progress that come with adopting a sustainable business mind set. PSC integrates
governance policies to fulfil its duties and responsibilities to its stakeholders.
Upon identification of its stakeholders, the Corporation identified the following material topics significant to its operations
and determined the management approach:
Material Topics Management Approach

Economic
1. GRI Disclosure 201-1: 1. Pandemic Support Program

Direct Economic value PSC launched a Pandemic Support Program that offered a 711M credit line (draw as needed, pay
Generated and when able, zero interest, forgiven if you give up) subject to more stringent performance
Distributed requirements and unilaterally discontinued for any reason. PSP was made available to PSC
Franchisees.
2. GRI 204: Procurement 2. Supplier Assessment

Practices
PSC takes into consideration the qualifications of its suppliers and other trading counterparts in
accordance with the policy guidelines of the Corporation under its accreditation process and
trading terms agreements. All contracts with suppliers provide a clause for observance of no
conflict of interest.
Moreover, PSC’s policy on rendering customer service requires all store employees to provide
7
customer service based on the standards set in the store operations manual. The policy provides
for sanctions and disciplinary actions in case an employee does not comply with the requirements
in the manual.
3. GRI 417: Marketing & 3. Compliance with product & service information and labeling
Labeling
PSC complies with applicable laws on product and service information labeling.
Social Operating the largest convenience store network in the country, PSC has the capability to help in
sustaining communities in the Philippines.
1. GRI 413: Local
Communities 1. Supporting communities through PFI
2. GRI 401: Employment As early as 1989, when the Corporation extended support to communities served by 7-Eleven
stores. Initially, it responded mainly to requests from the barangays (community) to extend its
stores’ light to dark spots and tanod (guard) outposts. It also donated cleaning supplies such as
brooms, garbage bags, waste cans, to different barangays and supplied medicines for medical
missions, and similar initiatives to improve the environment and health in different barangays near
7-Eleven stores.
In the 1990s, donation cans were placed at the counters for customers to drop their spare coins in
the can intended for charitable institutions. During calamities, some 7-Eleven stores in Metro
Manila served as drop-off points for donations of relief goods. PSC Employees were encouraged to
join in groups for their volunteer work for Gawad Kalinga (program to assist in home building or
cleaning), and tree planting activities.
PSC initiated the establishment of PhilSeven Foundation, Inc. (PFI) on October 2, 2007, to support
its corporate social responsibility programs. The updated goals of PFI are as follows:
1. To provide access to education through the provision of alternative facilities to learn.

2. To promote child-friendly and healthy communities by providing venues for recreation and
development.
3. To leverage company resources aimed to advance the environmental awareness campaign
towards “Conservation and Protection” of the environment.
4. Empower communities, individuals, and PSC employees to a “call to action” through
volunteerism.
5. To immediately respond to major calamities and disasters by providing sustenance to the
volunteers of DSWD, advocating for their welfare, “Caring for the Caregivers”.
6. To nurture effective partnerships and implement sustainable programs and projects that will
provide opportunities to communities and individuals.
Through PFI, PSC continues to give back to the communities where 7-Eleven stores are located.
Its current projects are:
1. 711 Day Celebration with the theme “7 Days of Serving 11 Hospitals” - 11,550 packed meals
for COVID-19 frontliners. 3 events (Luzon, Visayas, and Mindanao); 154 PSC Volunteers with
770 man-hours
2. COVID-19 Response
a. Rapid Test Kit Donation: 18,500 pcs to 4 Local Government Units (LGUs)/Non-
Governmental Organizations (NGOs) beneficiaries
b. Acrylic Face Shield Donation: 250 pcs to 2 government office recipients
c. Vitamin C Donation: 250 pcs to 2 government office recipients
d. Posting of COVID-19 Cases per barangay in nearby 7- Eleven stores in collaboration
with the Department of Health (DOH) and LGUs as an awareness program
3. Disaster/Calamity Relief - Php 130,000.00+ worth of food support for the volunteers of DSWD
in response to Taal Volcano eruption, Covid-19 Response, several Typhoons such as Ulysses
and Rolly; mobilized 5,000+ volunteers.
4. 7-Eleven Run - Virtual Run 2020

PSC is active in hosting events that promote health and wellness such as 7-Eleven Run and 7-
Eleven Trail. In 2020, Virtual Run has a total of 20,000 participants. Also, part of the event
proceeds was donated to PFI to use for various programs.
PSC, through PFI, shall continue to support local communities as it moves from projects on
8
corporate social responsibility to creating shared value with local communities.
2. Policies/ Practices for Employees
Below are the existing policies and practices for the benefit of employees of PSC:
a. Workforce diversity
b. Transparent performance appraisal process
c. Compliance with general labor standards & occupational health, and safety
requirements
d. Regular health and wellness activities.
e. During the Pandemic, regular provision of vitamin C, face shield, face masks and
disinfectants.
f. Support for the development of employee abilities through online training.
g. Supplemental benefits or incentives to its employees such as retirement benefit plan,
health card, group life and accident insurance plan, various employee programs, and
recognition of top-performing employees and service awards among others.
h. Annual Performance Bonus for employees based on performance appraisal rating.
Environment 1. Waste Segregation and Management
1. GRI 306: Waste & PSC practices various measures in minimizing its solid waste output which will be discussed further
Effluents under Focus for 2021 onwards: Solid Waste Reduction.
PSC also has a non-smoking policy and posted No Smoking signs inside its stores to ensure air
quality within its premises. PSC also fully complied with the requirements of Executive Order 26 on
Providing for the Establishment of Smoke-Free Environments in Public and Enclosed Places and
extended its non-smoking policy to the area outside its premises as defined by the EO and posted
“No Smoking” signs outside the store. Stores have also removed all cigarette receptacles from their
trash bins located outside the stores.
2. GRI 301: Materials
2. PSC uses biodegradable plastics then reduces the use thereof and replaces it with paper bags. PSC
is also looking at plastic cutlery reduction.
C. Focus for 2021 Onwards
PROGRAMS SDGs
1. Waste Segregation and Food Waste Management
2. Plastic Reduction:
a. Plastic Bag Depletion
b. Plastic Cutlery Reduction
9
ECONOMIC
Economic Performance
Direct Economic Value Generated and Distributed
Disclosure Amount Units
Direct economic value generated (revenue) 44,029,970,535.00 PhP
Direct economic value distributed:
a) Operating costs 43,457,527,392.00 PhP
b) Employee wages and benefits 1,313,612,937.00 PhP
c) Payments to suppliers, other operating costs 73,324,948.00 Php
Dividends:
226,925,485.00
d) Dividends given to stockholders and interest payments to loan providers PhP
Interest paid:
110,293,946.00
e) Taxes given to government 2,554,031,674.00 PhP
f) Investments to community (e.g. donations, CSR) 43,586,887.00 PhP
What is the impact and where does it

Which stakeholders are
occur? What is the organization’s Management Approach
affected?
involvement in the impact?
a) Customers PSC contributes to the economic growth of the
The impact of direct economic value b) Suppliers (goods, locality where its stores operate by providing
generated and distributed occurs in the services, capital), employment and business opportunities for local
primary business operation of the c) Stockholders enterprises and individuals. PSC also recognizes the
Corporation. d) Employees growing customer preference towards innovation
e) Government and convenience and focuses its market
Which stakeholders are development plan on opening new stores in
What are the Risk/s Identified?
affected? different parts of the country, diversifying its sales
The risks identified are the following: a) Suppliers channels and service offerings, technology
a. Market presence b) Employees innovation, and expanding its digital relationship
b. Procurement practices c) Customers with its current and new customers.
c. COVID-19 Pandemic d) Franchisees
What are the Opportunity/ies Which stakeholders are PSC prioritizes management policies that aim to
Identified? affected? sustain revenue stream and progressive growth to
further increase shareholder value.
PSC launched the Pandemic Support Program (PSP)

The opportunities identified are the that offered a 711M credit line as support to its
following: franchisees that are affected by the ongoing
a) Investors pandemic with the objective to continue the store
Investments, and operations and the franchising business. Moreover,
Economic growth the Company has exerted efforts to negotiate for
rental concessions. PSC was rewarded with offers
averaging 46% rental reduction until the end of the
year from 30% of lessors.
2
Climate-related risks and opportunities
Governance Strategy Risk Management Metrics and Targets
Supply and demand varies Climate risks identified and how they Metrics used to manage its
Understanding Climate
from changes in policies, are managed are as follows: climate-related risks and
Change as part of the
technology, and market 1. Risks in store sales during wet opportunities are those
business will help the
dynamics related to climate seasons – addressed through related to its finance and
Corporation to carry out
change could affect the monitoring rainfall impact to bring investing activities, its
analysis of risks and
valuation of organizations’ up sales with promotions. business operations and
impacts of Climate
assets and liabilities. Use of employee and community
Change.
long-lived assets and, where activities.
2
Adopted from the Recommendations of the Task Force on Climate-Related Financial Disclosures. The TCFD Recommendations apply to non-financial
companies and financial-sector organizations, including banks, insurance companies, asset managers and asset owners.
10
relevant, reserves may be 2. Risk to asset & operations during
particularly affected by calamities – provide insurance
climate-related issues. coverage at replacement value and
implementation of its Business
Continuity Plan (BCP).
3. Risks to logistics such as delays in

delivery of supplies and limited
access by customers to stores due
to calamities such as floods -
addressed by strategically located
distribution centers throughout the
Philippines and by adopting digital
services – online shopping, bills/
merchant payment, respectively.
The opportunities identified are:
1. Forward buying to anticipate

demands for seasonal/essential
products for projected climate
impact risk based on advisories.
2. Consider climate changes such as

hot weather (El niño) which brings
more sales and the wet weather
(La Niña) when sales promotions
may be rolled out and hot food can
be sold, and strategize accordingly.
3. Highlight that stores are open 24/7

and is the neighborhood store for
urgent needs, during calamities
and as public service to the
community.
Climate-related risks and opportunities

identified are raised to different
divisions to determine whether to
accept or mitigate risks; develop plans
and carry out regular monitoring and
reporting.
Recommended Disclosures
Ways in which markets could
be affected by climate change
The Corporation
are varied and complex, one
consider climate-related
of the major ways is through
issues in its strategy,
shifts in supply and demand
major plans of action,
for certain commodities,
risk management
products, and services as
policies, annual budgets,
climate-related risks and
and business plans as Investment in low-carbon
opportunities are increasingly
well as setting the Risk identification and assessment, financing, annual GHG
taken into account. Changing
organization’s measurement, control, and monitoring, emissions, corporate green
customer behavior as a
performance objectives, and reporting. teams, and employee’s
market risk reduced demand
monitoring environmental campaigns.
for goods and services due to
implementation and
shift in consumer preferences.
performance, and
Shipment in consumer
overseeing major capital
preferences could possibly
expenditures,
result in a reduction in
acquisitions, and
revenue which can be
divestitures.
identified as a potential
source of reputational risk.
11
Climate-related risks and
opportunities may change the
profile of an organization's
debt and equity structure,
either by increasing debt
levels to compensate for
Development of reduced operating cash flows
environmental strategy, or for new capital
Identifying, managing and mitigating
setting environmental expenditures or R&D.
climate-related business risks include PSC sets target for GHG
performance standards It may also affect the ability to
using written policies and procedures, emissions and energy use
and targets, and raise new debt or refinance
ongoing analysis and client for business operations.
reporting on existing debt, or reduce the
engagement.
performance. tenor of borrowing available
to the organization. There
could also be changes to
capital and reserves from
operating losses, asset write-
downs, or the need to raise
new equity to meet
investment.
Procurement Practices
Proportion of spending on local suppliers
Disclosure Quantity Units
Percentage of procurement budget used for significant locations of operations
100 %
that is spent on local suppliers

affected?
a) Fair value for products and services offered
b) Identifying the need and the supplier
Customers, Employees, c) Considering social responsibility
Primary business operation suppliers, franchisees, d) Negotiating the price and term
stockholders e) Reducing risk and ensuring the security of
supply
f) Improve quality by pursuing innovation
What are the Risk/s Identified? Management Approach
affected?
a) Fair value for products and services and
quality assurance
b) Expanding into new markets by introducing
its own brands which aims to drive the
frequency of customer visits and emphasize
Customers, Employees, its value proposition of providing modern
Reputational Risks, Operational Risks and suppliers, franchisees, convenience.
Supply Chain Risks stockholders c) Improve execution and adopt a more
aggressive stance as competition from the
emerging minimart channel increases.
d) Strengthen the coordination and
collaboration with its supply chain partners
and improve its warehousing and
distribution.
What are the Opportunity/ies Identified? Management Approach
affected?
a) Provide a wider array of products and
services to a broad range of customers thru
intensive market research.
Product and Service Innovation and Employees, suppliers, b) Offer a good selection of ready to eat meals
Digital strategy franchisees, stockholders for increased customer dining in 7-Eleven
stores.
c) Develop a more engaging loyalty program
and make purchase of goods more
12
accessible to customers by enhancing digital
service.
d) Tie up with Food Panda Philippines, Inc. for
the delivery to customers of 7-Eleven
Crunch Time products (i.e. fried chicken,
fries and corn dog) and other 7-Eleven
products/merchandise.
Anti-corruption
Training on Anti-corruption Policies and Procedures

Percentage of employees to whom the organization’s anti-corruption policies
100 %
and procedures have been communicated to
Percentage of business partners to whom the organization’s anti-corruption
100 %
policies and procedures have been communicated to
Percentage of directors and management that have received anti-corruption
100 %
training
Percentage of employees that have received anti-corruption training 100 %
What is the impact and where does

it occur? What is the organization’s Management Approach
affected?
The impact would occur across the PSC’s Code of Business Conduct and Ethics was
Corporation’s different business units drafted to strengthen its commitment towards
as to their transactions with external corporate governance and to provide thorough
parties for business operations. guidelines for employees. In this regard, it
Hence, part of PSC’s core values is developed policies on the following to uphold
reliability and integrity. Suppliers may ethics in business dealings and transactions: 1)
be affected in terms of pricing and Limitations on Participation in the Corporation Sales
quality and prompt payment. Employees, Suppliers, Promotions, 2) Conflict of Interest, 3) Employment,
Customers, Franchisees Placement, and Transfer of Relatives, 4) Foreign and
Customers may be affected in terms Local Business Travel, 5) Employee Promotion for
of price, quality, pleasant experience, Section Managers and Above, and 6) Whistle-
and enjoyment of promotions. blowing. With these policies set in place, employees
Franchisees may be affected when are informed and required to follow the rules and
there is collusion. regulations, both from the government and from
the Corporation, and to steer clear from any covert
or overt acts of bribery. They are also advised to
Which stakeholders are avoid solicitation and acceptance of gifts of high
What are the Risk/s Identified? value (usually PHP 2000 up) from business partners
affected?
and/or suppliers.
No risk can be identified given that Rules and guidelines in granting travel allowance
policies of the Corporation are set in and/or reimbursement of expenses incurred for
place, employees are informed and official business trips made locally or abroad are
required to follow. Please refer to also provided. The promotion of employees to
Not applicable.
the discussion on Management Section Managers and above is also standardized.
Approach. Also, a Whistle-blowing Policy was set up to
provide channels for reporting violations of the
Code of Conduct and Business Ethics and the
mechanism for its investigation and appropriate
What are the Opportunity/ies Which stakeholders are action. PSC is also a signatory for the Integrity Pact
Identified? affected? and a participant in Integrity Summit Fora.
Employees are aware upon on-boarding of the

possible violation against the Code of Conduct and
Business Ethics as well as the mechanism for
Business partners and investor’s
Investors and Employees Whistleblowing. Please see the link. https://www.7-
engagement program
eleven.com.ph/corporate/corporate-governance-
head/companys-policies/
13
All contracts with suppliers and accreditation
provide a clause for observance of no conflict of
interest, anti-bribery, and corruption practices
Also, proper trainings are being conducted/

provided.
Incidents of Corruption

Number of incidents in which directors were removed or disciplined for
0 #
corruption
Number of incidents in which employees were dismissed or disciplined for
11 #
corruption
Number of incidents when contracts with business partners were terminated
on-going data collation #
due to incidents of corruption

affected?
The impact would occur across the To uphold and promote ethical behavior and
Corporation’s different business units sound business practices, PSC directors, officers,
as to their transactions with external Employees, Suppliers, employees, and suppliers can report any
parties for business operations. Customers, Franchisees perceived illegal activities through a whistle-
Hence, part of PSC’s core values is blowing mechanism. All whistle-blowing reports
reliability and integrity. received by PSC will be reviewed for appropriate
Which stakeholders are action, determining whether the Code of Conduct
What are the Risk/s Identified? and Business Ethics and other related policies and
affected?
procedures were violated. An independent
committee, known as the Committee on Conduct,
is tasked to handle reports of such violations.
Influencing sound business decisions
and Corporation direction due to The policy assures that the whistle-blowers are
personal interest. There can be a loss accorded protection, respecting the confidentiality
of opportunity due to leakage of of the information and their identities. Thus,
resources as well as possible tarnish illegal/unethical conduct shall be reported in
of image due to corrupt practices. writing, either anonymously or otherwise,
a) Investors, and
depending on the whistle-blower’s discretion.
b) Employees
Official negotiations can be tainted Modes of reporting may be through a letter, e-
with outside deals between mail, or other means established by the
employees and business partners as Corporation. All reports are treated with the
well as the employment of dummy utmost confidentiality. To report an incident, any
corporations by the employees to person may access the PSC Website and
engage with the Corporation. accomplish the form through this link:
https://www.7-
eleven.com.ph/corporate/corporate-governance-
head/whistle-blowing/. Reports may also be
What are the Opportunity/ies Which stakeholders are submitted to [email protected].
Identified? affected? The Committee on Conduct shall review the report
of the whistle-blower and shall evaluate the
merits of the complaint according to
circumstances, time of reporting, evidence, and
violation of procedures and policies. The whistle-
blower shall be informed of the decision of the
No opportunity can be identified. Not applicable. Committee. Appropriate action shall be taken
against the persons found to have committed any
illegal/unethical conduct. PSC provides
appropriate protection from retaliation as
provided in this policy and PSC’s Employee’s
Handbook.
14
ENVIRONMENT
Resource Management
Energy consumption within the organization:

Energy consumption (renewable sources) on-going data collation GJ
Energy consumption (gasoline) 7,202.19 GJ
Energy consumption (LPG) on-going data collation GJ
Energy consumption (diesel) on-going data collation GJ
Energy consumption (electricity) 60,960,080 kWh
Reduction of energy consumption

Energy reduction (gasoline) 2,801.46 GJ
Energy reduction (LPG) on-going data collation GJ
Energy reduction (diesel) on-going data collation GJ
Energy reduction (electricity) 754,190 kWh
Energy reduction (gasoline) 2,801.46 GJ

affected?
Electricity is vital in the Corporation’s PSC has taken steps to minimize its environmental
daily operations (24 hours) and supply footprint through the employment of materials and
chain. equipment contributing to energy and water
conservation and waste disposal management. 7-Eleven
What are the Risk/s Identified? stores use T5 and T8 LED lights and inverter air-
conditioning units that are pre-set at 24-25 degrees
With the increase in the number of Celsius and only 1 of the 2 units are used during the
stores, there will be a potential a) Customers, graveyard shift. The stores turn off their signage at 6:00
increase in consumption and emission b) Suppliers, AM and PSC has likewise piloted a sensor that will
of stores not yet employed with c) Employees, and automatically turn on signage at 6:00 PM.
materials and equipment contributing d) Other
to energy conservation. stakeholders: PSC also collaborates with utility providers to achieve
What are the Opportunity/ies Identified? electric power better energy efficiency based on each store’s
distribution requirements. OFF-PEAK - A project with a utility
Corporation; provider where the price per consumption is lower
service providers during off-peak hours. 7-Eleven stores save economically
as the charge is lower than the usual rate of
consumption. Water provided for post-mix and bubbler
a. Renewable energy; and
machines is filtered using ultraviolet water purification
b. Installation of energy efficient systems to ensure that the water used for its products is
technologies
clean and safe.
PSC has an incentive-based approach to encourage its

personnel to conserve water and electricity in its stores.
Water consumption within the organization

Water withdrawal N/A Cubic meters
Water consumption on-going data collation Cubic meters
Water recycled and reused N/A Cubic meters
15
What is the impact and where
does it occur? What is the Which stakeholders are
Management Approach
organization’s involvement in the affected?
impact?
The primary business of the
Corporation, which is retail, does not
PSC has taken steps to minimize its
involve water-intensive operations.
a) Customers, and environmental footprint through the
The consumption of water is
b) Employees employment of materials and equipment
primarily for the maintenance of
hygiene and sanitation in offices and contributing to energy and water conservation
and waste disposal management. 7-Eleven
stores.
stores use T5 and T8 LED lights and inverter air-
What are the Risk/s Identified? Which stakeholders are affected?
conditioning units that are pre-set at 24-25
degrees Celsius and only 1 of the 2 units are used
No risk can be identified. Not applicable.
during the graveyard shift. The stores turn off
their signage at 6:00 AM and PSC has likewise
What are the Opportunity/ies
Which stakeholders are affected? piloted a sensor that will automatically turn on
Identified?
signage at 6:00 PM.
Water conservation campaigns, and a) Customers, and
Water recycling facilities b) Employees
Materials used by the organization

Materials used by weight or volume
a) Renewable 226, 769, 141 kg
b) non-renewable 309, 395, 162 kg
Percentage of recycled input materials used to manufacture the
N/A %
organization’s primary products and services
What is the impact and where does

it occur? What is the organization’s Management Approach
affected?
The impact occurs in the a) Customers,
Corporation’s daily operation and b) suppliers, and As part of its long-term action plans, PSC
supply chain. c) employees plan to initiate utilizing both renewable &
non-renewable materials and extend the
What are the Risk/s Identified? life of the materials by recycling or reusing
affected?
them in its operations.
Availability of material recycling
a) Local communities, and
facilities, and
b) Employees PSC is currently eyeing a collaboration
Cost of handling the materials,
with recycling facilities, local
What are the Opportunity/ies Which stakeholders are
government units, and other NGOs for
Identified? affected?
the reduction of the amount of solid
Partnership with LGUs and local
a) Local communities, waste that ends up in landfills and
communities for possible bodies of water.
b) Employees, and
sustainable projects that would be
c) Government
beneficial to all stakeholders
Ecosystems and biodiversity (whether in upland/watershed or coastal/marine)

Operational sites owned, leased, managed in, or adjacent to, protected areas
99 stores #
and areas of high biodiversity value outside protected areas
Habitats protected or restored N/A ha
3
IUCN Red List species and national conservation list species with habitats in
N/A
areas affected by operations
3
International Union for Conservation of Nature
16
affected?
a) The Corporation’s goal is to expand the store
network nationwide, both in cities and provinces. 7-
Eleven stores presence became a determinant for a
town/city/province's progress, PSC also fosters
innovation in building concept stores and within
LGU’s standard of construction.
a) a) Community,
a) Providing infrastructure b) With every 7-Eleven store that PSC built in the cities
Vulnerable groups and
b) Providing sustainable jobs and provinces, it also opened sustainable jobs to
employees
c) Peak and Off-Peak Project the people living in the area. It also gives the
opportunity of creation of business for franchisees,
lessors, and lessors of franchisees.
c) OFF-PEAK - A project with a utility provider where

the price per consumption is lower during off-peak
hours. 7-Eleven stores save economically as the
charge is lower than the usual rate of consumption.
affected?
a) Reduced our skeletal forces working in the office
and shifted to work from home set up.
b) Convert our physical meetings to online meetings

to still deliver and continue transactions with
third parties involved.
a) Employees, Suppliers,
a) COVID-19 Pandemic
landlords, franchisees
c) Rolled out our assistance program for Franchisees
for the Pandemic Support Program (PSP).
d) Aggressive negotiations for rental reductions as

store operations were hit by the Pandemic, both
for individual landlords and developers.
What are the Opportunity/ies Management Approach
affected?
a) The Corporation’s switching off lights during lunch
breaks (12:00 NN to 1:00 PM) as an energy cost-
saving initiative.
a) Energy-saving cost initiative a) local communities b) Paperless reporting, utilizing sorts of report tools
b) Looking into possible tie up for Solar b) suppliers, via online or software i.e. Trello, Viber, Workplace,
Power as renewable source of c) employees Google Workspace, etc.
energy
c) Studying solar renewable energy as an approach to
a new power supply in our stores, providing the
same technical standards with a reduced total cost
of energy.
Environmental impact management

Air Emissions
GHG
Direct (Scope 1) GHG Emissions 0 Tonnes CO2e
Energy indirect (Scope 2) GHG Emissions 17,469,458 Tonnes CO2e
Emissions of ozone-depleting substances (ODS) 0 Tonnes
17
affected?
The impact occurs in the primary PSC has taken steps to minimize its
business operations of the environmental footprint through the
Corporation. employment of materials and equipment
What are the Risk/s Identified? contributing to energy and water conservation
and waste disposal management. 7-Eleven
a) customers;
stores use T5 and T8 LED lights and inverter
With the increase in the number of b) suppliers;
air-conditioning units that are pre-set at 24-25
stores, there will be a potential c) employees; and
degrees Celsius and only 1 of the 2 units are
increase in consumption and emission d) other stakeholders: electric
used during the graveyard shift. The stores
of stores not yet employed with power distribution
turn off its signage at 6:00 AM and PSC has
materials and equipment contributing company; service providers
likewise piloted a sensor that will
to energy conservation. automatically turn on signage at 6:00 PM.
What are the Opportunity/ies Identified? PSC has an incentive-based approach to

encourage its personnel to conserve water and
c. Renewable energy; and Installation of electricity in its stores.
energy-efficient technologies
Air pollutants

NOx N/A kg
SOx N/A kg
Persistent organic pollutants (POPs) N/A kg
Volatile organic compounds (VOCs) N/A kg
Hazardous air pollutants (HAPs) N/A kg
Particulate matter (PM) N/A kg

affected?
The topic is not in line with the
Not applicable. Not applicable.
Corporation’s primary business.
affected?
No risk can be identified. Not applicable. Not applicable.
What are the Opportunity/ies Which stakeholders are
Management Approach
Identified? affected?
No opportunity can be identified. Not applicable. Not applicable.
Solid and Hazardous Wastes

Solid Waste
Total solid waste generated 10,211,246 kg
Reusable on-going data collation kg
Recyclable 1,255,983 kg
Composted on-going data collation kg
Incinerated 0 kg
Residuals/Landfilled 8,955,263 kg
18
What is the impact and where does Which
it occur? What is the organization’s stakeholders Management Approach
involvement in the impact? are affected?
The Corporation through its Operations Division gathered needed
Solid wastes generated from stores are
information and partnered with LGUs for the PET bottles that can be
waste that can be decomposed and
recycled to reduce waste going to the landfills.
waste that can be recycled or re-used
such as shrink wrap, carton, and core
Partnered with PBSP to conduct Waste Analysis and Characterization
tape. Decomposed waste is food waste
Study (WACS) that started last January 2020. Data Collection and
that reaches the expiry date or whose
Analysis were conducted for three (3) days. Based on WACS, 89.5% of 7-
been damaged due to handling or rat
Eleven store waste are recyclables and 9% are biodegradable. This study
bites.
is in line with PSC’s project on waste management
The Corporation identified areas where store operations can reduce
a) Local
plastic usage. No packaging (paper or plastic) for:
communities
a) Below 2 items purchase
& vulnerable b) Plastic Ban as packaging for items purchased
groups;
b) suppliers; The following projects were postponed due to Pandemic hygienic issue:
Decomposed materials can attract
c) employees; c) Skip that straw
pests and can produce a bad smell that
and d) Combine Spoon/ Fork or Spork
may affect the immune system.
d) government
Install proper storage and outsource accredited waste collectors by
DENR.
Schedule regular pull-out every day.

What are the Opportunity/ies
Management Approach
Identified?
Decomposed materials can be sold or
Provide proper storage for materials that can be recycled/re-used.
reprocessed for animal food while
carton, shrink wraps and core tape can
Tap outsource accredited waste collector by DENR and schedule regular
be manufactured to create materials
pull-out.
like school supplies, chairs, etc.
Hazardous Waste
Total weight of hazardous waste generated N/A kg
Total weight of hazardous waste transported N/A kg
What is the impact and where does it occur?

What is the organization’s involvement in Which stakeholders are affected? Management Approach
the impact?
Not applicable. Not applicable.
Corporation’s primary business.
What are the Risk/s Identified? Which stakeholders are affected? Management Approach
No risk can be identified. Not applicable. Not applicable.
What are the Opportunity/ies Identified? Which stakeholders are affected? Management Approach
No opportunity can be identified. Not applicable. Not applicable.
19
Effluents
Total volume of water discharges N/A Cubic meters
Percent of wastewater recycled N/A %

What is the organization’s involvement in Management Approach
affected?
the impact?
Corporation’s primary business
Employees
because it does not involve water-
intensive operations.
Which stakeholders are N/A
affected?
What are the Opportunity/ies Which stakeholders
Identified? are affected?
No opportunity can be identified. Not applicable.
Environmental Compliance
Non-compliance with Environmental Laws and Regulations
Total amount of monetary fines for non-compliance with environmental
0 PhP
laws and/or regulations
No. of non-monetary sanctions for non-compliance with environmental
0 #
laws and/or regulations
No. of cases resolved through dispute resolution mechanism 0 #
What is the impact and where does it occur? What Which stakeholders
Management Approach
is the organization’s involvement in the impact? are affected?
The potential impact would occur on a per-location

basis since the stores are located nationwide. The Corporation through its Operations
Division assigned a Managing Head to
What are the Risk/s Identified? attend the DENR seminar. Also, the Area
Managers are tasked to attend the
Country-wide operations could mean different a) Local communities; Pollution Control Officer (PCO) Training
environmental ordinances and regulatory b) employees; and Course to make sure that PSC is
compliance set forth by the LGUs where the stores c) government compliant with all the environmental
are located that the Corporation needs to monitor laws and regulations.
and track.
What are the Opportunity/ies Identified?
No opportunity can be identified.
20
SOCIAL
Employee Management
Employee Hiring and Benefits
Employee data
4
Total number of employees 3,247
a. Number of female employees 1,632 #
b. Number of male employees 1,651 #
5
Attrition rate 10% rate
Ratio of lowest paid employee against minimum wage 1:1 Ratio
Employee benefits
% of female employees who % of male employees who

List of Benefits Y/N
availed for the year availed for the year
SSS Y 25.40% 14.83%
PhilHealth Y 32.80% 20.17%
Pag-ibig Y 23.08% 18.54%
Parental leaves Y 1.04% 0.62%
Vacation leaves Y 77.88% 76.29%
Sick leaves Y 34.50% 28.17%
Medical benefits (aside from PhilHealth)) Y .43% .50%
Housing assistance (aside from Pag-ibig) N 00% 00%
Retirement fund (aside from SSS) Y 0.61% 0.21%
on-going data
Further education support on-going data collation on-going data collation
collation
Company stock options N 00% 00%
Telecommuting N 00% 00%
on-going data
Flexible-working Hours on-going data collation on-going data collation
collation
(Others) N/A N/A N/A
What is the impact and where does it occur? What is the

Management Approach
organization’s involvement in the impact?
The compensation and benefits being provided by the
Corporation are important indicators to determine employee
satisfaction.
Aside from the Government mandated benefits, PSC provides
What are the Risk/s Identified? supplemental benefits or incentives to its employees such as
retirement benefit plans, health card, group life and accident
Competitive compensation packages being offered by
insurance plans, various employee programs and recognition
competitors or even by other sectors
of top-performing employees, and service awards among
others. It also grants an annual performance bonus to its
employees based on performance appraisal rating.
Understanding the changes in the work culture and priorities

of millennial employees and future generations that could
also be beneficial with the ongoing digital improvement of
the Corporation.
4
Employees are individuals who are in an employment relationship with the organization, according to national law or its application (GRI Standards 2016
Glossary)
5
Attrition are = (no. of new hires – no. of turnover)/(average of total no. of employees of previous year and total no. of employees of current year)
21
Employee Training and Development

Total training hours provided to employees 16,677
a) Female employees 9,187 Hours
b) Male employees 7,490 Hours
Average training hours provided to employees 19.56
a) Female employees 19.58 hours/employee
b) Male employees 19.51 hours/employee

What is the organization’s involvement in the Management Approach
impact?
Implemented specific procedures for training scheduling and
requirements for promotions such as:
The training and development activities impact ● Qualifying Exams
the primary business operations by enabling the ● Classroom Certification
current employees, new hires, and those up for ● Required additional soft skills/technical skills training
promotions with the needed competencies, ● Cross-training
whether technical or soft skills.
A training bond is implemented for employees who attended training in
different locations.
● Training bond policy in place
Loss of materials shared to employees –
●
publication /reproduction without
● Clearance procedure for employee resignation in place - must return the
authority/management approval infringement
training materials
Employee Resignation
●
● Procedure for training certification in place internally with the master list
Promotion of employees who are not certified
of employees certified within the given training program
● Improvement of the eSEP platform from frontend to the backend
● Utilization of e-Learning portal – augmenting the (Website to infrastructure support)
Learning Management System to provide ●
supplemental training/development activities. ● Utilization of eSEP platform to roll-out quick guides, pre and post-training
knowledge check
Labor-Management Relations

% of employees covered with Collective Bargaining Agreements N/A %
Number of consultations conducted with employees concerning employee-related
on-going data collection #
policies
What is the impact and where does it occur? What is the organization’s
Management Approach
There is no existing labor union in the Corporation and collective
bargaining agreement. There is a PSC Employees’ Council that
Not applicable.
communicates to management the employees’ concerns. There has been
no strike or threat to strike from the employees for the past three years.
No opportunity can be identified. Not applicable.
22
Diversity and Equal Opportunity

% of female workers in the workforce 49.82 %
% of male workers in the workforce 50.18 %
Number of employees from indigenous communities and/or vulnerable sector* 14 #
*Vulnerable sector includes, elderly, persons with disabilities, vulnerable women, refugees, migrants, internally displaced persons, people living with
HIV and other diseases, solo parents, and the poor or the base of the pyramid (BOP; Class D and E).

Management Approach
All employees were asked to answer the Corporation’s
Diversity comes into play with the influence of different
Employee Opinion Survey with a question that asks about
employees with different backgrounds in managing decisions
workplace diversity. In the past 10 years, the satisfaction
and strategies.
rating for workplace diversity is above 90% centile.
The risk of workplace diversity is the approach of different PSC implemented in 2010, a Code of Conduct and Business
people in terms of acceptance and how employees treat each Ethics defining the proper treatment of employees with each
other. other.
The formalization and acknowledgment of workplace Establishment of prohibited practices against diversity in the
diversity by instituting a policy supporting it. workplace.
Workplace Conditions, Labor Standards, and Human Rights

Occupational Health and Safety

Safe Man-Hours 8,276,208 Man-hours
No. of work-related injuries 0 #
No. of work-related fatalities 0 #
No. of work related ill-health 0 #
No. of safety drills 0 #

Management Approach
The Corporation achieved zero work-related bodily harm by

There are zero casualties related to work hence, no work providing training on First Aid (FAT) and Occupational Safety
stoppage. and Health (OSH). 100% of employees have been provided
OSH orientation while FAT is a continuous training.
Protocols on emerging threats are addressed by providing

There are outside factors that can contribute to workplace general procedures on occupational safety and health. It is
safety and health such as environmental pollution and other now prohibited under the 2019 PSC Employees Handbook to
natural calamities and emerging diseases that take place. refuse an order to undergo a check-up when there exists a
physical manifestation of a disease.

Negotiation with healthcare providers to cover new
Expanding support to employees with new laws on health
provision on health and safety by including it in the
and safety such as Mental Health.
coverage.
23
Labor Laws and Human Rights

No. of legal actions or employee grievances involving forced or
0 #
child labor
Do you have policies that explicitly disallows violations of labor laws and human rights (e.g. harassment, bullying) in the
workplace?
Topic Y/N If Yes, cite reference in the company policy

Forced labor N -
Child labor N -
PSC has an Anti-Sexual Harassment Policy which is being
Human Rights Y
implemented in the workplace

Management Approach
The Corporation ensures compliance with mandatory laws

and occupational safety and health. The government arm
Protect the Corporation’s image on issues of employing child
responsible for inspection closely coordinates with the
labor and employing people working in sweatshops.
Corporation to comply with general labor standards and
occupational safety and health.
Business partners engaging with the Corporation could be

Incorporate compliance in MOAs and contracts engaged
employing child laborers and/or sweatshops without the
with the Corporation.
knowledge of the Corporation.
Drafting of policy in support against Child and other types of Strong enforcement by identifying the coverage of the
forced labor. policy to include business partners.
Supply Chain Management

Do you have a supplier accreditation policy? If yes, please attach the policy or link to the policy:
Yes, there is a supplier accreditation policy. https://www.7-eleven.com.ph/corporate/corporate-governance-
Do you consider the following sustainability topics when accrediting suppliers?
Topic Y/N If Yes, cite reference in the supplier policy

Environmental performance N -
Forced labor N -
Child labor N -
Human rights N -
Bribery and corruption Y https://www.7-eleven.com.ph/corporate/corporate-governance-head/companys-policies/
24
What is the impact and where does it occur? What is
Management Approach
the organization’s involvement in the impact?
Trade and non-trade suppliers may submit accreditation
Direct transactions with Suppliers who are not requirements based on the guidelines provided in its website. PSC
compliant with the rules, regulations, policies, and takes into consideration the qualifications of its suppliers and other
procedures on social sustainability issues. trading counterparts following the policy guidelines of the
Corporation under its accreditation process and trading terms
What are the Risk/s Identified? agreements. All contracts with suppliers provide a clause for
observance of no conflict of interest.
The supply of goods and services to PSC may be
negatively affected due to the Supplier’s lack of To ensure that only the best and quality products are offered,
human welfare in its management. products regularly undergo quality assessment. A standard selection
process is implemented, such as accreditation valid for one year, to
determine that the suppliers are aligned with PSC’s strategic goals
and objectives. PSC conducts ocular inspections and certification of
PSC of suppliers’ production processes and facilities with the quality
Accredit more local and sustainable suppliers to
assurance guidelines set by the Food and Drug Administration of the
present PSC as a Corporation that supports local
Philippines. Its commissaries comply with the Good Manufacturing
sustainable suppliers
Practices (GMP) standards, while some are even ISO certified.
Raise general awareness of fundamental rights and
best practices.
https://www.7-eleven.com.ph/corporate/corporate-governance-
Relationship with Community

Significant Impacts on Local Communities
Collective or
Does the
Operations with significant individual rights
particular Mitigating measures (if
(positive or negative) impacts on Vulnerable that have been
operation negative) or
local communities (exclude CSR Location groups (if identified that or
have impacts enhancement measures
projects; this has to be business applicable)* particular
on indigenous (if positive)
operations) concern for the
people (Y/N)?
community
Thematic Promotion: “Thankful
Everyday” Promotion: PSC raffles Develop programs of
out cash and winners of cash will All Stores the same kind for the
N/A N/A N/A
nominate one NGO or benefit of the
hospital/clinic to receive up to community
P20,000
Stores
For strict
selling PWD & Senior Discounts
PWD and Senior Citizen N/A implementation in 7-
applicable Citizens provided
Eleven stores
products
7-Eleven Run - Virtual Run for a Continue conducting
Cause: PSC promotes an active All stores similar activities every
lifestyle and giving back to the for N/A N/A N/A year for better
communities affected by floods registration community
and COVID-19 engagement
7-Eleven Day Exclusive Promotion
for Front liners: PSC gives back to
Continue conducting
front liners with a special Q-Code
similar activities every
Promotion exclusively for them.
All Stores N/A N/A N/A year for better
Frontliners included were the
community
following: Medical Front liners,
engagement
Uniformed Front liners, LGU
Frontliners
Bayanihan Promotion: PSC adapted Garner suppliers
to COVID-19 Pandemic by Selected Discounts ’support especially on
N/A N/A
increasing product assortment and stores Provided better pricing and
offering better value pricing. availability.
*Vulnerable sector includes children and youth, elderly, persons with disabilities, vulnerable women, refugees, migrants, internally displaced persons,
people living with HIV and other diseases, solo parents, and the poor or the base of the pyramid (BOP; Class D and E)
25
For operations that are affecting IPs, indicate the total number of Free and Prior Informed Consent (FPIC) undergoing
consultations and Certification Preconditions (CPs) secured and still operational and provide a copy or link to the certificates
if available: ____ N/A ____
Certificates Quantity Units
FPIC process is still undergoing N/A #
CP secured N/A #

No risk can be identified N/A
No opportunity identified. N/A
Customer Management
Customer Satisfaction
Did a third party conduct the customer

Disclosure Score
satisfaction study (Y/N)?
Customer satisfaction on-going data collation Y

Management Approach
From a customers’ perspective, when a customer is To improve its service, PSC utilizes the services of a third party to
not satisfied, most likely, they will not return to the conduct a “mystery shopper” survey to evaluate its performance in
store. different areas including Customer Service.
Customer loyalty is a vital component to sustain the business, this is
why PSC is committed to delivering quality and excellent customer
The risk of low customer satisfaction results in service. In maintaining a stable long-term relationship with its
customers’ turn away and lesser frequency of visit. customers, the Corporation continuously innovates its in-house
brands and products by being responsive to customer needs and the
What are the Opportunity/ies Identified? latest trends.
For the previous years, PSC introduced an assortment of new

products including the new Fundae flavors (Halo-halo and Ube) and
With high customer satisfaction is the high number of rebranded the chicken meals as “Crunch Time”. It had several
possible regular customers that can translate to good promotions such as the rock back to school combo and the
sales numbers. Moneygayang Pasko promo. In furtherance of the digital strategy,
PSC also introduced promos to expand the base of its CLIQQ, and E-
Wallet users.
Health and Safety
No. of substantiated complaints on product or service health and safety* 71 #

No. of complaints addressed 71 #
*Substantiated complaints include complaints from customers that went through the organization’s formal communication channels and grievance
mechanisms as well as complaints that were lodged to and acted upon by government agencies.
26
Management Approach
To ensure that only the best and quality products are offered,
Food Safety related incidents may lead to weak consumer products regularly undergo quality assessment. A standard
confidence affecting the brand image selection process is implemented, such as accreditation valid
for one year, to determine that the suppliers are aligned with
PSC’s strategic goals and objectives.
PSC conducts ocular inspections and certification of PSC of
Low customer satisfaction. Food safety related incidents suppliers’ production processes and facilities with the quality
may cause damage to the brand and possible litigation. assurance guidelines set by the Food and Drug Administration
of the Philippines. Its commissaries comply with the Good
What are the Opportunity/ies Identified? Manufacturing Practices (GMP) standards, while some are
even ISO certified.
Higher customer satisfaction will lead to higher customer Enhance training and audit program on store operations to
confidence in the brand creating better opportunities to ensure compliance to product handling. Create a quality
create more products to sustain the business. culture where stakeholders are held accountable through
quality performance appraisal.
Marketing and labelling

No. of substantiated complaints on marketing and
1492 Tickets
labelling*

Management Approach
Customer concerns may relay their questions, concerns, or
a) customers; comments through PSC’s customer service hotline, e-mail address
b) suppliers; which is [email protected], or its website www.7-
c) employees; and eleven.com.ph
d) stores
PSC’s policy on rendering customer service requires all store
What are the Risk/s Identified? employees to provide customer service based on the standards set
in the store operations manual. The policy provides for sanctions
Complaints have a tendency to blow up on social and disciplinary actions in case an employee does not comply with
media before it is even received by the concerned the requirements in the manual.
parties.
To improve its service, PSC also utilizes the services of a third party
What are the Opportunity/ies Identified? to conduct a “mystery shopper” survey to evaluate its performance
in different areas including Customer Service.
PSC’s efforts to improve its customer service did not go unnoticed.

In 2019, PSC Stores became the recipient of the Department of
There is an opportunity to present the customers with Trade & Industry’s (DTI) Golden Seal “Bagwis'' Awards. DTI Bagwis is
better labeling and products. a “Certified Establishment Program (Bagwis Awards) that aims to
promote and foster the highest level of business ethics and uphold
a fair and honest marketplace through voluntary self-regulation and
service excellence.“
Customer privacy

No. of substantiated complaints on customer privacy* 0 #
No. of customers, users and account holders whose information is used for secondary purposes 0 #
27
Management Approach
The COVID 19 Pandemic affected how organizations To manage the customer privacy risks, PSC complies with the
conducted businesses in 2020. DPA requirement to appoint a Data Protection Officer (DPO)
in 2017.
Changes brought about by the Pandemic include the
increase in digital transactions and the use of online It also formed a Data Privacy Committee (DPCom) to assist
payments. PSC adapted to these changes through the the DPO in implementing appropriate organizational,
launch of the CLiQQ online grocery and partnering with technical and physical security measures. The DPCom is
food delivery services. composed of the DPO, Compliance Officers for Privacy
(Technical, Organizational and Physical) and Data Controllers
Due to the above, personal data is also subjected to per division.
increasing privacy risks such as unauthorized access, loss of
data, and unauthorized disclosure of information. It also created a Data Breach Response Team (DBRT) to
handle personal data breach issues.
Recognizing the privacy risks that may result, PSC has in
place appropriate organizational, technical, and physical To guide its employees in the implementation of security
security measures to protect customer privacy. It complies measures, PSC follows its Data Privacy Manual (“Manual”)
with the requirements of the Data Privacy Act (DPA) of 2012 which contains PSC’s general data privacy policies on:
and the Implementing Rules & Regulations (IRR).
1. Processing of Personal Data
2. Organizational Security Measures
What are the Risk/s Identified? 3. Physical Security Measures
4. Technical Security Measures
5. Breach and Security Incidents
The top risks identified in connection with customer privacy 6. Exercise of the Rights of the Data Subject
are unauthorized access and disclosure. 7. Third Party Data Sharing and Data Processing
Agreement
What are the Opportunity/ies Identified? The Manual is supplemented by other policies such as the
Privacy Notices & Data Subject Consent Policy, Organizational
Security Measures Policy, Privacy Notices & Data Subject
Consent Policy, Privacy Impact Assessment Policy, Inventory
& Registration of Personal Data Processing Systems &
Security Incident and Data Breach Response Policy and Work
from Home Guidelines.
PSC also observes the data privacy principle of transparency,

In assessing the privacy practices of PSC, it was able to legitimate purpose, and proportionality.
summarize the baseline personal data it processes. It also
allowed management of its risks. Prior to processing of personal data, a customer is informed
when their personal data is processed and requested to give
consent through ticking the box in a secured online form. For
An opportunity identified during the PIA is the continuous customers who call the customer service hotline, they are
process improvement in answering customer queries & asked for their consent to the processing of their personal
complaints to increase customer satisfaction ratings. data through a voice recording informing them that they may
choose to press 1 if they consent to the processing of their
personal data or end the call if they don’t.
Stricter monitoring to ensure that all complaints are timely In addition, PSC has privacy notices posted in its stores, and
addressed and stricter implementation of controls over its website in order to inform its customers what data is being
customer care email and hotlines are among the identified processed, the purpose for processing, to whom the data may
improvements to be made by the Corporation. be shared, their rights as data subjects, and the contact
information of its DPO.
In case there are changes in its processes which may affect

customer privacy, PSC’s data controllers conduct a privacy
impact assessment (PIA) with the stakeholders involved to
determine the risks and privacy controls that they need to
implement.
28
Data Security

No. of data breaches, including leaks, thefts and losses of data 0 Data Breach

Management Approach
Recognizing the data security risks that may affect its
operations, PSC has in place appropriate organizational,
technical, and physical security measures in accordance with
the Data Privacy Act (DPA) of 2012 and its Implementing Rules
One of PSC’s core values is being data-driven- it makes & Regulations (IRR). It also has in place different policies to
decisions based on data. Data is the basis of PSC in making address data security.
strategic decisions, launching products and services,
improving the efficiency of its operations, addressing As mentioned, PSC has a Data Privacy Manual (“Manual”)
customer issues, and evaluating and mitigating risks supplemented by other policies such as the Privacy Notices &
applicable to the Corporation. Data Subject Consent Policy, Organizational Security Measures
Policy, Privacy Notices & Data Subject Consent Policy, Privacy
As mentioned by the Corporation’s CEO/President in the Impact Assessment Policy, Inventory & Registration of Personal
2018 Annual Report Book, “loyalty data and our previous Data Processing Systems & Security Incident and Data Breach
experience increasing the number of products we carry led Response Policy. It also has consent forms, privacy notices, and
us to initiate more thoughtful and more data-driven data outsourcing agreements with third-party service
approaches to determining what products should be present providers.
in a given category.” “We invested in our digital
infrastructure over the years with the view that our stores It also created a Data Breach Response Team (DBRT) to handle
had the potential to serve as physical gateways to the virtual personal data breach issues.
world of goods and services, and were rewarded this year
with a commanding share of payments from fintech players,
most notably e-wallets. This contributed to a more than
doubling of commission income versus last year.” In addition to the above, PSC also has the following policies on
the following to address data security issues:
Given the importance of data in PSC’s business, data security 1. User ID, Password, Access Rights, and Electronic Mail
becomes one of the more important concerns of the 2. Remote Access
Corporation. 3. Back-up
4. Physical & Logical Access
PSC considers cyber-security issues such as data breaches, 5. Maintenance & Incident Response Plan
including leaks, thefts, and losses of data as important issues 6. Application Software Testing and Deployment
to be addressed. This is in light of the increasing digital 7. Communication & Internet Services
transactions and the shift of some of its workforce to a work 8. Work from Home Guidelines.
from home setup due to the Pandemic.
It also conducts annual 3rd Party Security Tests for applications
and network & internal security tests for new/modified server
applications. It also implemented 2-factor security
authentication for emails of its employees.

To address this risk, PSC is improving its access control policy.
Its IT security team also conducts internal regular system and
Based on the latest Privacy Impact Assessment (PIA)
security review. To augment the internal review of potential
conducted by PSC, the top risk identified is unauthorized
security incidents, it also acquired the services of a 3rd party
access/disclosure.
security service provider for vulnerability and penetration
testing.
In assessing the privacy practices of PSC, it was able to PSC plans to improve awareness of data security through
summarize the baseline personal data it processes. It also continuous information campaigns on cyber security and data
allowed management of its risks. protection to its employees.
An opportunity identified during the PIA is the It shall also improve its access controls procedures and
improvement of cyber security hygiene awareness across monitoring to ensure that personal data is managed properly.
the organization, stricter access controls, and monitoring of
incidents.
29
UN SUSTAINABLE DEVELOPMENT GOALS
Product or Service Contribution to UN SDGs
Key products and services and its contribution to sustainable development.
Societal Value or
Potential Negative Impact Management Approach to Negative
Key Products & Services Contribution to UN
of Contribution Impact
SDGs
a. Offer fresh fruits, ready-to-eat a. Possible increase in a. Reducing, reusing & recycling of
food, salads, and cup drinks plastic waste from plastics:
packaging materials i. Use of paper bags in stores
b. Bayanihan Promotion: During instead of plastic bags
COVID-19 Pandemic PSC increased b. Risk of contracting COVID- ii. Use of spork (1pc) instead of
its product assortment and offered 19, store personnel who spoon and fork
better value pricing. deliver the items as iii. PET bottles segregation in
“BiyaHero” are also stores, HQ, and zone offices
c. 7-Eleven Run - organized Virtual considered as frontliners.
Run 2020 with 20, 000 participants b. Strict implementation of COVID-19
c. Possible increase in the Safety Protocols for store personnel.
d. “BiyaHero” Project during use of non-eco-friendly
COVID-19 Pandemic in areas materials on construction
where food and grocery
deliveries are not available. c. Limit use of harmful materials and
Store personnel deliver the the use environmentally friendly
items directly to customers' construction materials.
homes.
e. Everyday Play (EP) Project -

promote child-friendly and healthy
communities by construction &
development of a community
playground park.
a. Create sustainable jobs in the

a. Possible difficulty in a. Strict monitoring of compliance to
areas where 7-eleven stores are
monitoring work labor laws and issuances and
located. Compliant to General
conditions employee engagement, Health
Labor and Occupational Health and
Insurance, and wellness activities for
Safety Standards
all employees
b. E-Commerce and E-Wallet services
b. Slow or intermittent b. Improvement of IT infrastructure
providing online shopping
internet connection
experience and payment services
c. PSC partnered with Seven Bank

c. Threat of data breach c. Implementation of data security
subsidiary to bring ATMs to 7-
standards
Eleven stores nationwide.
* None/Not Applicable is not an acceptable answer. For holding companies, the services and products of its subsidiaries may be disclosed.
30

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COVER SHEET

(Company’s full Name)

Secondary License Type, if Applicable

Dept. Requiring this Doc. Amended Articles Number/Section

Total Amount of Borrowings

Total No. of Stockholders Domestic Foreign

File Number LCU

Document I.D. Cashier

Remarks = pls. use black ink for scanning purpose

SEC FORM 17-A

ANNUAL REPORT PURSUANT TO SECTION 17

1. For the fiscal year ended 2020

2. SEC Identification Number 108476

3. BIR Tax Identification No. 000-390-189-000

4. Exact name of registrant as specified in its charter PHILIPPINE SEVEN CORPORATION

6. (SEC Use Only)

Title of Each Class Number of Shares of Common Stock

Title of Class Total Shares Listed

Common Shares 756,418,283

DOCUMENTS INCORPORATED BY REFERENCE

Frozen carbonated beverage, prepared with a

Composed of 2 formats: post mix and juice bubbler

TRADEMARKS DESCRIPTION REGISTRATION DATE STATUS OF REGISTRATION

21. CLIQQ Registered for 10 years

Registered for 10 years

Providing multiple user wireless access to the Registered for 10 years

2021 2022 2023 2024 2025

Item 3. Legal Proceedings

Item 4. Submission of Matters to a Vote of Security Holders

PART II - OPERATIONAL AND FINANCIAL INFORMATION

December 31, 2019

December 31, 2020

Dividends and Dividend Policy

YEAR CASH AMOUNT STOCK NO. OF SHARES

Item 6. Management’s Discussion and Analysis or Plan of Operation

Item 7. Financial Statements

Information on independent accountant and other related matters

External audit fees and services

1. Statutory audit of the Company’s annual financial statements.

PART III – CONTROL AND COMPENSATION INFORMATION

Item 9. Directors and Executive Officers of the Issuer

a) Directors and Corporate Officers

3. JOSE VICTOR P. PATERNO

5. MA. CRISTINA P. PATERNO

6. ANTONIO JOSE U. PERIQUET, JR.

10. CHI-CHANG LIN

12. JUN-YA LIU

14. EVELYN G. SADSAD-ENRIQUEZ

e) Involvement in Certain Legal Proceedings

f) Pending Legal Proceedings

h) Certain Relationships and Related Transactions

Transactions with related parties consist of:

Transactions for the Outstanding Balance

Audit & Risk Committee

A. Financial reporting and disclosures

Report of the Audit & Risk Committee to the Board of Directors

Meeting Attendance of Audit & Risk Committee

Corporate Governance Committee

2. Recommend continuing education/training programs for directors, assignment of tasks/projects to board