BALANCE SHEET

Fund 101

As of December 31, 2010

(With Comparative Figures for CY 2009)

2010

2009

ASSETS

CURRENT ASSETS

CASH

Cash in Banks - Local Currency

Cash in Banks - Local Currency, Current Account

60,199,656.76

54,343,709.64

Total Cash

60,199,656.76

54,343,709.64

RECEIVABLES

Receivable Accounts

Real Property Tax Receivables

-

(456,761.14)

Inter-agency Receivables

Due from NGAs

2,852.57

2,852.57

Due from GOCCs

6,000.00

6,000.00

Due from NGOs/Pos

15,074.70

15,074.70

Intra-agency Receivables

Due from Other Funds

244,605.87

244,605.87

Other Receivables

Advances to Officers and Employees

404,460.00

404,460.00

Other Receivables

441,106.00

441,106.00

Total Receivables

1,114,099.14

657,338.00

INVENTORIES

Supplies

Accountable Forms Inventory

37,237.00

37,237.00

Total Inventories

37,237.00

37,237.00

TOTAL CURRENT ASSETS

61,350,992.90

55,038,284.64

PROPERTY, PLANT AND EQUIPMENT (Net of Depreciation)

LAND AND LAND IMPROVEMENTS

Land

850,305.18

850,305.18

Land Improvements

1,529,340.72

1,529,340.72

Electrification, Power and Energy Structures

-

-

Total Land and Land Improvements

2,379,645.90

2,379,645.90

BUILDINGS

Office Building

16,655,212.48

16,579,602.48

Markets and Slaughterhouses

849,669.00

849,669.00

Other Structures

2,762,572.55

2,690,637.55

Total Buildings

20,267,454.03

20,119,909.03

OFFICE EQUIPMENT, FURNITURE AND FIXTURES

Office Equipment

4,652,931.23

4,164,100.17

Furniture and Fixtures

1,615,641.61

1,055,208.11

IT Equipments and Software

1,902,480.09

329,630.25

Total Office Equipment, Furniture and Fixtures

8,171,052.93

5,548,938.53

MACHINERIES AND EQUIPMENT

Communication Equipment

530,950.00

530,950.00

Technical and Scientific Equipment

25,255.00

25,255.00

Other Machineries and Equipment

291,850.00

277,050.00

Total Machineries and Equipment

848,055.00

833,255.00

TRANSPORTATION  EQUIPMENT

Motor Vehicles

4,743,527.75

4,743,527.75

Watercrafts

761,937.50

761,937.50

Total Transportation Equipment

5,505,465.25

5,505,465.25

PUBLIC INFRASTRUCTURES

Artesian, Wells, Reservoirs, Pumping Stations

10,736,229.00

10,649,171.00

Other Property, Plant and Equipment

-

Total Public Infrastructures

CONSTRUCTION IN PROGRESS

Construction in Progress- Agency Assets

1,753,572.28

1,482,004.56

Construction in Progress- Roads, Highways, Bridges

7,559,395.37

4,539,312.47

Construction in Progress- Plazas, Parks, Monuments

951,462.50

57,780.50

Construction in Progress- Other Public Infrastructures

3,613,089.14

3,613,089.14

Total Construction in Progress

24,613,748.29

20,341,357.67

TOTAL PROPERTY, PLANT AND EQUIPMENT

61,785,421.40

54,728,571.38

OTHER ASSETS

Other Assets

4,534,881.52

1,217,680.07

Total Other Assets

4,534,881.52

1,217,680.07

TOTAL ASSETS

127,671,295.82

110,984,536.09

LIABILITIES

CURRENT LIABILITIES

Payable Accounts

Accounts Payable

514,886.40

2,650,101.97

Inter-Agency Payables

Due to BIR

1,654.19

981.63

Due to GSIS

4,547.67

1,893.20

Due to PAG-IBIG

1,276.20

826.20

Due to PHILHEALTH

26,057.50

1,732.50

Due to Other NGAs

365,532.82

779,471.25

Due to Other GOCCs

10,130.78

10,130.78

Due to LGUs

95,444.89

929,834.17

Intra-Agency Payables

Due to Other Funds

80,000.00

80,000.00

Other Liability Accounts

Other Payables

542,971.84

53,867.12

Other Payables- PTA

-

Total Current Liabilities

1,642,502.29

4,508,838.82

DEFERRED CREDITS

Deferred Real Property Tax Income

-

(456,761.14)

Other Deferred Credits

37,257.00

37,257.00

Total Deferred Credits

37,257.00

(419,504.14)

EQUITY

Government Equity- Beg.

106,895,201.41

89,082,843.17

Add; Retained Operating Surplus:

19,096,335.12

17,812,358.24

Government Equity, December 31, 2009

125,991,536.53

106,895,201.41

TOTAL LIABILITIES AND EQUITY

127,671,295.82

110,984,536.09