2011 CS 2nd Qtr GF

Written by Francis Gerlyn Tronco-Carasco Thursday, 21 July 2011 15:00


Republic of the Philippines
Province of Iloilo
MUNICIPALITY OF CABATUAN

STATEMENT OF CASH FLOWS
For the Period Ended June 30, 2011

GENERAL FUND

Cash Flows from Operating Activities:
	Cash Inflows:
		Collection from taxpayers	P	871,744.54
		Share from Internal Revenue Colections		35,273,424.00
		Receipts from sale of goods or services		5,649,908.07
		Interest Income		37,450.03
		Dividend Income		-
		Other Receipts		7,221,876.34
		Total Cash Inflow	P	49,054,402.98
	Cash Outflows:
		Payments -
		To suppliers/creditors	P	33,909,619.12
		To employees		7,130,693.22
		Interest Expense		-
		Other Expenses		444,606.32
		Total Cash Outflow	P	41,484,918.66
	Net Cash from Operating Activities		P	7,569,484.32
Cash Flows from Investing Activities:
	Cash Inflows:
		From Sale of Property, Plant and Equipment	P	-
		From Sale of Debt Securities of Other Entities		-
		From Collection of Principal on Loans to Other Entities		-
		Total Cash Inflow	P	-
	Cash Outflows:
		To Purchase Property, Plant and Equipment	P	533,460.50
		To Purchase Debt Securities of Other Entities		-
		Total Cash Outflow	P	533,460.50
	Net Cash from Investing Activities		P	(533,460.50)
Cash Flows from Financing Activities:
	Cash Inflows:
		From Issuance of Debt Securities	P	-
		From Acquisition of Loan		-
		Total Cash Inflow	P	-
	Cash Outflows:			-
		Retirement/Redemption of Debt Securities	P	-
		Payment of Loan Amortization		-
		Total Cash Outflow	P	-
	Net Cash from Financing Activities		P	-
Net Increase in Cash			P	7,036,023.82
Cash at Beginning of the Period				12,199,947.74
Cash at the End of the Period			P	19,235,971.56

2011 IS 2nd Qtr GF

Written by Francis Gerlyn Tronco-Carasco Thursday, 21 July 2011 14:56

Republic of the Philippines
Province of Iloilo
MUNICIPALITY OF CABATUAN

STATEMENT OF INCOME AND EXPENSES
For the Period Ended June 30, 2011

GENERAL FUND


Income:
	Local Taxes	P	5,084,291.45
	Permits and Licenses		269,306.50
	Service Income		473,558.00
	Business income		1,113,704.76
	Other Income		35,337,500.43
	Total Income	P	42,278,361.14
Less: Expenses
	Personal Services	P	19,372,863.47
	Maintenance & Other Operating Expenses		11,116,925.22
	Financial Expenses		-
	Total Expenses		30,489,788.69
Operating Income		P	11,788,572.45
Income before Subsidies and Extraordinary Income
Add: Subsidies from LGUs	Subsidies from LGUs		-
	Subsidies from Other Funds		-
	Subsidies from Other Special Accounts		-
	Total	P	11,788,572.45
Less: Subsidies to Other LGUs	Subsidies to LGUs		620,892.00
	Subsidies to Other Funds		-
	Subsidies to Other Special Accounts		-
Income before Extraordinary Income		P	11,167,680.45
Add: Extraordinary Items			(2,774,511.71)
NET INCOME		P	8,393,168.74

Written by Francis Gerlyn Tronco-Carasco Thursday, 21 July 2011 14:51

Republic of the Philippines
Province of Iloilo
Municipality of Cabatuan

BALANCE SHEET
As of June 30, 2011

GENERAL FUND

ASSETS
Current Assets
	Cash		P	19,235,971.56
	Receivables			6,269,292.02
	Inventories			23,999.20
	Prepayments			-
	Other Current Assets			-
		Total Current Assets	P	25,529,262.78
Investments
	Investment in Securities		P	15,813.37
	Sinking Fund			-
		Total Investments	P	15,813.37
Property, Plant and Equipment (net of Depreciation)
	Land andLand Improvements		P	6,400,512.19
	Buildings			38,364,989.48
	Leasehold Improvements			-
	Office Equipment, Furniture and Fixtures			4,186,839.09
	Machineries and Equipment			14,587,021.60
	Transportation Equipment			2,301,515.83
	Other Property, Plant and Equipment			243,777.15
	Motor Vehicles
	Public Infrastructures			453,956.00
	Reforestation Projects			-
	Construction in Progress			1,048,643.25
		Total Property, Plant and Equipment	P	67,587,254.59
Other Assets				23,374.00
TOTAL ASSETS			P	93,155,704.74

LIABILITIES AND EQUITY
LIABILITIES
Current Liabilities			P	2,653,552.45
Long-Term Liabilities				210,087.00
Deferred Credits				5,362,919.10
	Total Liabilities		P	8,226,558.55
EQUITY
	Government Equity, Beg.		P	76,535,977.45
	Add/Deduct:
		Retained Operating Surplus		11,167,680.45
		Prior Year's Adjustments		(2,774,511.71)
		Transfers to Registry		-
	Government Equity, End		P	84,929,146.19
TOTAL LIABILITIES AND EQUITY			P	93,155,704.74