Securities and Exchange Commission(SEC)

February 13, 2023 Dear Karenina Depamaylo, Greetings! Thank you for your request dated Feb 09, 2023 06:09:41 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 Higher Education Institutions in Western Visayas and/or Philippines. Response to Request We have available data on the Top 1000 Corporations ranked by Gross Revenue (GR). As such, however, not all industry players are covered therein. For additional clarification and/or information on the related fees and procedures on our Top 1000 Corporations data, you may coordinate with Ms. Ma. Theresa M. Bersabal through email address [email protected] or telephone number 02 8818-6117. For the industry average financial ratios, this may be obtained from independent research based on the corporations' Audited Financial Statement (AFS) filed with the SEC. 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. All documents requested through this system will be delivered within five to seven days from confirmation of payment. 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 [email protected]. 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