2011 FS 4th Qtr SEF

2011 CF 4th Qtr SEF

Written by Francis Gerlyn Tronco-Carasco Wednesday, 18 January 2012 15:09



Republic of the Philippines
Province of Iloilo
MUNICIPALITY OF CABATUAN

STATEMENT OF CASH FLOWS
As of December 31, 2011

SPECIAL EDUCATION FUND

Cash Flows from Operating Activities:
	Cash Inflows:
		Collection from taxpayers	P	5,636,839.50
		Share from Internal Revenue Colections		-
		Receipts from sale of goods or services		-
		Interest Income		35,933.20
		Other Receipts		44469.86
		Total Cash Inflow	P	5,717,242.56
	Cash Outflows:
		Payments -
		To suppliers/creditors	P	5,340,308.56
		Interest Expense		-
		Other Expenses
		Total Cash Outflow	P	5,340,308.56
	Net Cash from Operating Activities		P	376,934.00
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	-
		To Purchase Debt Securities of Other Entities		-
		Total Cash Outflow	P	-
	Net Cash from Investing Activities		P	-
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	376,934.00
Cash at Beginning of the Period				2,781,683.95
Cash at the End of the Period			P	3,158,617.95

Written by Francis Gerlyn Tronco-Carasco Wednesday, 18 January 2012 14:37

Republic of the Philippines
Province of Iloilo
MUNICIPALITY OF CABATUAN

STATEMENT OF INCOME AND EXPENSES
As of December 31, 2011

SPECIAL EDUCATION FUND


Income:
	Local Taxes	P	2,811,388.70
	Permits and Licenses
	Service Income		-
	Business income		-
	Other Income		35,933.20
	Total Income	P	2,847,321.90
Less: Expenses
	Personal Services	P	-
	Maintenance & Other Operating Expenses		2,323,272.97
	Financial Expenses		-
	Total Expenses		2,323,272.97
Operating Income		P	524,048.93
Income before Subsidies and Extraordinary Income
Add: Subsidies from LGUs	Subsidies from LGUs
	Subsidies from Other Funds		-
	Subsidies from Other Special Accounts		-
	Total	P	524,048.93
Less: Subsidies to Other LGUs	Subsidies to LGUs		-
	Subsidies to Other Funds		-
	Subsidies to Other Special Accounts		-
Income before Extraordinary Income		P	524,048.93
Add: Extraordinary Items Prior Year Adjustments			59,460.50
NET INCOME		P	583,509.43

Written by Francis Gerlyn Tronco-Carasco Wednesday, 18 January 2012 13:13

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Republic of the Philippines
Province of Iloilo
Municipality of Cabatuan

BALANCE SHEET
As of December 31, 2011

SPECIAL EDUCATION FUND

ASSETS
Current Assets
	Cash		P	3,158,617.95
	Receivables			4,719,861.69
	Inventories			-
	Prepayments			-
	Other Current Assets			-
		Total Current Assets	P	7,878,479.64
Investments
	Investment in Securities		P	-
	Sinking Fund			-
		Total Investments	P	-
Property, Plant and Equipment (net of Depreciation)
	Land		P	-
	Land Improvements			91,157.25
	Buildings			1,410,532.83
	Leasehold Improvements			-
	Office Equipment, Furniture and Fixtures			1,325,990.07
	Machineries and Equipment			-
	Transportation Equipment			-
	Other Property, Plant and Equipment			133,453.31
	Motor Vehicles			309,375.00
	Public Infrastructures			-
	Reforestation Projects			-
	Construction in Progress			-
		Total Property, Plant and Equipment	P	3,270,508.46
Other Assets				-
TOTAL ASSETS			P	11,148,988.10

LIABILITIES AND EQUITY
LIABILITIES
Current Liabilities			P	560,034.92
Long-Term Liabilities				-
Deferred Credits				5,755,122.43
	Total Liabilities		P	6,315,157.35
EQUITY
	Government Equity, Beg.		P	4,250,321.32
	Add/Deduct:
		Retained Operating Surplus		524,048.93
		Prior Year's Adjustments		59,460.50
		Transfers to Registry		-
	Government Equity, End		P	4,833,830.75
TOTAL LIABILITIES AND EQUITY			P	11,148,988.10