2017 Filing of Annual Financial Statements (AFS) and General Information Sheet (GIS)

The Chairperson of the Securities and Exchange Commission (SEC) has issued SEC Memorandum Circular No. 1 Series of 2017 recently related to the 2017 Filing of Annual Financial Statements (AFS) and General Information Sheet (GIS).

In accordance to its authority under the Corporation Code and Securities Regulation Code, adopt the following measures in the filing of annual reports:

I. AUDITED FINANCIAL STATEMENTS OF COMPANIES WHOSE FISCAL YEAR ENDS ON DECEMBER 31, 2016:

1. All corporations, including branch offices, representative offices, regional headquarters and regional operating headquarters of foreign corporations, shall file their AFS depending on the last numerical digit of their SEC registration or license number in accordance with the following schedule:

April 17, 18, 19, 20, 21:     1 and 2

April 24, 25, 26, 27, 28:     3 and 4

May 2, 3, 4, 5:     5 and 6

May 8, 9, 10, 11, 12:     7 and 8

May 15, 16, 17,18, 19:     9 and 10

All SEC Satellite Offices and Extension Offices in Cebu, Iloilo and Davao shall be governed also by the above coding schedule in 2017. However, any corporations may file on or before its respective filing dates.

II. GENERAL INFORMATION SHEET (GIS)

1. All corporations shall file their GIS within 30 calendar days from:

a. Stock Corporations - date of annual stockholders' meeting per By-Laws.

b. Non-Stock Corporations - date of annual members meeting per By-Laws.

c. Foreign Corporations - anniversary date of the issuance of the SEC License.

III. ALL REPORTS

All corporations may directly file their AFS and GIS in SEC Head Office, PICC Building, all Satellite Offices (Ali Mall-Cubao Quezon City, SM Manila, SM North EDSA, Robinson's Galleria and Muntinlupa City Hall) and Extension Offices (Cebu, Davao and Iloilo) applying 

the SEC issued number coding schedule for AFS.

All filers of GIS and AFS, regardless of the number of reports to be filed at SEC, complying with the circularized SEC-issued number coding schedule (for AFS only) may choose to avail of any of the following options:

a. SEC Express Nationwide Submission (SENS)

b. Any Courier/ Regular Mail

c. SEC Express Online Submission with or without return copy.

Please refer: http://www.sec.gov.ph/wp-content/uploads/2017/03/2017MCno02-new.pdf of the full text of SEC Memorandum Circular No. 1 Series of 2017.