2011 FS 3rd Qtr GF

2011 CF 3rd Qtr GF

Written by Francis Gerlyn Tronco-Carasco Tuesday, 25 October 2011 16:52

Republic of the Philippines
Province of Iloilo
MUNICIPALITY OF CABATUAN

STATEMENT OF CASH FLOWS
For the Period EndedSeptember 30, 2011

GENERAL FUND

Cash Flows from Operating Activities:
	Cash Inflows:
		Collection from taxpayers	P	1,085,098.13
		Share from Internal Revenue Colections		52,910,136.00
		Receipts from sale of goods or services		7,154,126.97
		Interest Income		99,894.84
		Dividend Income		-
		Other Receipts		8,090,734.08
		Total Cash Inflow	P	69,339,990.02
	Cash Outflows:
		Payments -
		To suppliers/creditors	P	49,594,400.45
		To employees		10,063,236.13
		Interest Expense		-
		Other Expenses		594,729.58
		Total Cash Outflow	P	60,252,366.16
	Net Cash from Operating Activities		P	9,087,623.86
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	700,446.00
		To Purchase Debt Securities of Other Entities		-
		Total Cash Outflow	P	700,446.00
	Net Cash from Investing Activities		P	(700,446.00)
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	8,387,177.86
Cash at Beginning of the Period				12,199,947.74
Cash at the End of the Period			P	20,587,125.60

Written by Francis Gerlyn Tronco-Carasco Tuesday, 25 October 2011 16:51

Republic of the Philippines
Province of Iloilo
MUNICIPALITY OF CABATUAN

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

GENERAL FUND


Income:
	Local Taxes	P	5,947,774.17
	Permits and Licenses		332,967.06
	Service Income		617,543.75
	Business income		1,752,564.92
	Other Income		53,079,124.44
	Total Income	P	61,729,974.34
Less: Expenses
	Personal Services	P	28,065,416.28
	Maintenance & Other Operating Expenses		19,749,819.22
	Financial Expenses		-
	Total Expenses		47,815,235.50
Operating Income		P	13,914,738.84
Income before Subsidies and Extraordinary Income
Add: Subsidies from LGUs	Subsidies from LGUs		-
	Subsidies from Other Funds		-
	Subsidies from Other Special Accounts		-
	Total	P	13,914,738.84
Less: Subsidies to Other LGUs	Subsidies to LGUs		760,828.00
	Subsidies to Other Funds		-
	Subsidies to Other Special Accounts		-
Income before Extraordinary Income		P	13,153,910.84
Add: Extraordinary Items			(2,772,396.23)
NET INCOME		P	10,381,514.61

Written by Francis Gerlyn Tronco-Carasco Tuesday, 25 October 2011 16:28

Republic of the Philippines
Province of Iloilo
Municipality of Cabatuan

BALANCE SHEET
As of September 30, 2011

GENERAL FUND

ASSETS
Current Assets
	Cash		P	20,587,125.60
	Receivables			6,091,763.55
	Inventories			23,999.20
	Prepayments			-
	Other Current Assets			-
		Total Current Assets	P	26,702,888.35
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			38,377,012.98
	Leasehold Improvements			-
	Office Equipment, Furniture and Fixtures			4,254,301.09
	Machineries and Equipment			14,668,521.60
	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			1,054,643.25
		Total Property, Plant and Equipment	P	67,754,240.09
Other Assets				23,374.00
TOTAL ASSETS			P	94,496,315.81

LIABILITIES AND EQUITY
LIABILITIES
Current Liabilities			P	2,161,555.16
Long-Term Liabilities				210,087.00
Deferred Credits				5,207,181.59
	Total Liabilities		P	7,578,823.75
EQUITY
	Government Equity, Beg.		P	76,535,977.45
	Add/Deduct:
		Retained Operating Surplus		13,153,910.84
		Prior Year's Adjustments		(2,772,396.23)
		Transfers to Registry		-
	Government Equity, End		P	86,917,492.06
TOTAL LIABILITIES AND EQUITY			P	94,496,315.81