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Manila Electric Company (MERALCO) – 2012 & 2011
A Financial Review Exercise

In partial fulfillment of the Requirements of BA Finance 31- 2nd Semester 2013-201

Submitted by:

Laurice Jean C. Cañada

Submitted to:

Ma’am Ana Liza Romero Tan

I. Manila Electric Company (MERALCO)
(Holding Company) * Product/Services offered : Electricity * Type of Industry : * Address of Head Office :

II. Brief Background of Manila Electric Company (MERALCO)

MERALCO is the Philippines' largest distributor of electrical power. It is called MERALCO because it means (ME)tro(R)egional(A)nggat(L)ighting(CO)operative, from the Anggat Hydro-Electric Dynamo Facility in the old days. It is Metro Manila's only electric power distributor and holds the power distribution franchise for 22 cities and 89 municipalities, including the whole of the National Capital Region and the exurbs that form Mega Manila.
The name "Meralco" is an acronym for Manila Electric Railroad And Light COmpany, which was the company's original name until 1919.

It is an investor-owned electric utility serving roughly a quarter of the estimated 94 million population of the Republic of the Philippines. It was organized as the Manila Electric Railroad and Light Company 107 years ago in 1903 to provide electric light and power and an electric street railway system to Manila and its suburbs. The facilities that Meralco built to provide these two services represented for many years the largest single investment of American private capital and know-how in the whole of East Asia.

III. Industry/Economic Analysis

* Porter’s Five Forces Classification and Economic Attributes Framework * Company Strategy

IV. Financial Statement Evaluation


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