Securities and Exchange Commission

Gonzales 02:58 PM, Jun 30, 2023

June 30, 2023

Dear Ariane,

Thank you for your request dated Jun 30, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Average Financial Ratios of SMEs.

We received your request on Jun 30, 2023 and will respond on or before Jul 21, 2023 12:32:43 PM, in accordance with the Executive Order's implementing rules and regulations.

Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy00ODQ5Mzk5OTM0NDcM, for request with ticket number #SEC-484939993447.

Thank you.

Respectfully,

Isma Gonzales
FOI Officer

Espiritu 02:41 PM, Jul 06, 2023

July 6, 2023

Dear Ariane Fernandez,

Greetings!

Thank you for your request dated Jun 30, 2023 12:32:43 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your Request

You asked for Average Financial Ratios of SMEs.

Response to Request

We have available data on the Top 1000 Corporations ranked by Gross Revenue (GR).  Please note, though, that not all industry players are covered therein.  For the industry average financial ratios, this may be obtained through an independent research based on the corporations' Audited Financial Statement (AFS) filed with the SEC. 

For additional clarification and/or information on the related fees and procedures on our Top 1000 Corporations data, you may coordinate with the Company Analytics and Statistics Division, led by Assistant Director Violeta V. Infante, through email address casd@sec.gov.ph or telephone number 02 8818-6117.

To request for copies of AFS filed with the SEC, you may visit https://secexpress.ph/application-form or contact hotline number (02) 8737-8888 to discuss the details of your request and obtain information on the related fees and procedures. The list of SEC fees may be found at https://secexpress.ph/service-fees. 

Your right to request a review

If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Chairperson Emilio B. Aquino through email address ebaquino@sec.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.

If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).

Thank you.

Respectfully,

Rose Ann Espiritu
FOI Receiving Officer