2011 FS 2nd Qtr SEF

2011 CF 2nd Qtr SEF

Written by Francis Gerlyn Tronco-Carasco Tuesday, 19 July 2011 11:27

Republic of the Philippines
Province of Iloilo
MUNICIPALITY OF CABATUAN

STATEMENT OF CASH FLOWS
As of June 30, 2011

SPECIAL EDUCATION FUND

Cash Flows from Operating Activities:
	Cash Inflows:
		Collection from taxpayers	P	2,204,175.51
		Share from Internal Revenue Colections		-
		Receipts from sale of goods or services		-
		Interest Income		-
		Dividend Income		-
		Other Receipts		-
		Total Cash Inflow	P	2,204,175.51
	Cash Outflows:
		Payments -
		To suppliers/creditors	P	2,252,759.49
		To employees		-
		Interest Expense		-
		Other Expenses
		Total Cash Outflow	P	2,252,759.49
	Net Cash from Operating Activities		P	(48,583.98)
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	(48,583.98)
Cash at Beginning of the Period				2,781,683.95
Cash at the End of the Period			P	2,733,099.97

Written by Francis Gerlyn Tronco-Carasco Tuesday, 19 July 2011 11:26

Republic of the Philippines
Province of Iloilo
MUNICIPALITY OF CABATUAN

STATEMENT OF INCOME AND EXPENSES
As of June 30, 2011

SPECIAL EDUCATION FUND


Income:
	Local Taxes	P	1,665,973.83
	Permits and Licenses
	Service Income		-
	Business income		-
	Other Income		-
	Total Income	P	1,665,973.83
Less: Expenses
	Personal Services	P	-
	Maintenance & Other Operating Expenses		420,133.85
	Financial Expenses		-
	Total Expenses		420,133.85
Operating Income		P	1,245,839.98
Income before Subsidies and Extraordinary Income
Add: Subsidies from LGUs	Subsidies from LGUs
	Subsidies from Other Funds		-
	Subsidies from Other Special Accounts		-
	Total	P	1,245,839.98
Less: Subsidies to Other LGUs	Subsidies to LGUs		-
	Subsidies to Other Funds		-
	Subsidies to Other Special Accounts		-
Income before Extraordinary Income		P	1,245,839.98
Add: Extraordinary Items			-
NET INCOME		P	1,245,839.98

Written by Francis Gerlyn Tronco-Carasco Tuesday, 19 July 2011 11:23

Republic of the Philippines
Province of Iloilo
Municipality of Cabatuan

BALANCE SHEET
As of June 30, 2011

SPECIAL EDUCATION FUND

ASSETS
Current Assets
	Cash		P	2,733,099.97
	Receivables			5,614,934.84
	Inventories			-
	Prepayments			-
	Other Current Assets			-
		Total Current Assets	P	8,348,034.81
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			1,384,756.67
	Machineries and Equipment			-
	Transportation Equipment			-
	Other Property, Plant and Equipment			149,512.81
	Motor Vehicles			269,875.00
	Public Infrastructures			-
	Reforestation Projects			-
	Construction in Progress			-
		Total Property, Plant and Equipment	P	3,305,834.56
Other Assets				-
TOTAL ASSETS			P	11,653,869.37

LIABILITIES AND EQUITY
LIABILITIES
Current Liabilities			P	677,201.61
Long-Term Liabilities				-
Deferred Credits				5,480,506.46
	Total Liabilities		P	6,157,708.07
EQUITY
	Government Equity, Beg.		P	4,250,321.32
	Add/Deduct:
		Retained Operating Surplus		1,226,839.98
		Prior Year's Adjustments		19,000.00
		Transfers to Registry		-
	Government Equity, End		P	5,496,161.30
TOTAL LIABILITIES AND EQUITY			P	11,653,869.37