8 months Stop trades by company insiders Manilatimes |Biz
EMETERIO SD. PEREZPhilippine Telegraph and Telephone Corp. (PT&T)reported capital deficiency of P714,206,501 as of Dec. 31, 2018, down P8,639,987,444 from P9,354,193,945 as of June 30, 2018. The company arrived at this capital deficiency as follows: share capital of P10,935,991,894 plus revaluation surplus of P102,102,000 plus accumulated actuarial loss on retirement benefits of P14,898,232 equals P11,052,992,126 minus unrealized valuation loss on equity investments of P306,945 equals P11,052,685,181. When P11,052,685,181 is applied to accumulated deficit of P11,966,891,682, the result is P714,206,501, PT&T’s capital deficiency as of Dec. 31, 2018 as audited by Alas, Oplas & Co. CPAs.Advertisements
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