Published by Philippine National Oil Company(PNOC) on May 24, 2021.
Requested from PNOC by C. Advincula at 07:00 PM on
May 24, 2021.
Purpose: Research for a news report
Date of Coverage: 01/21/2021 - 03/31/2021
Tracking no: #PNOC-477482748988
A.YANG
May 24, 2021, 7 p.m.
Hi!
We would like to ask for a copy of PNOC's income report for the first quarter of 2021 (covering January 1 to March 31, 2021). We would like to ask for PNOC's net income, attributable net income to parent or equity holders, revenues and their breakdowns, and costs and expenses incurred.
This is for a news report we're writing for BusinessWorld. Thank you!
A.YANG
May 24, 2021, 7:01 p.m.
We would also like to ask how PNOC's first quarter results compare with those recorded in the same period last year. Thank you po!
May 26, 2021, 9:54 a.m.
May 26, 2021
Dear Angelica,
Thank you for your request dated May 24, 2021 07:00:30 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for PNOC's first quarter income report.
We received your request on May 24, 2021 07:00:30 PM and will respond on or before Jun 14, 2021 07:00:30 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/aglzfmVmb2ktcGhyHgsSB0NvbnRlbnQiEVBOT0MtNDc3NDgyNzQ4OTg4DA, for request with ticket number #PNOC-477482748988.
Thank you.
Respectfully,
Mary Arlyn Avenido
FOI Officer
May 26, 2021, 9:32 p.m.
26 May 2021
Dear Ms. Yang:
Greetings!
Thank you for your request dated May 24, 2021 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.
Your request
You asked for:
A copy of PNOC’s income report for the first quarter of 2021 (covering January 1 to March 31, 2021); PNOC's net income, attributable net income to parent or equity holders, revenues and their breakdowns, and costs and expenses incurred; PNOC's first quarter results compared with those recorded in the same period last year.
Response to your request
Since 2020 and 2021 figures are not yet audited, we can only disclose what is in our website, which is the unaudited Statement of Comprehensive Income as of March 31, 2021. Here is the link to the PDF file which contains the answer to your request: http://www.pnoc.com.ph/images/FS1Q2021.pdf
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 President Reuben S. Lista, through postal address: Philippine National Oil Company, Building 6, Energy Center, Rizal Drive, Bonifacio Global City, Taguig 1634, Metro Manila, Philippines or contact PNOC through telephone number: (+63 2) 87897662. Your review request should explain why you are dissatisfied with this response, and should be made within 15 working days from the date when you received this letter. We will complete the review and tell you the result, within 30 working 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,
Maria Belinda L. Cubelo
FOI Decision Maker
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