LAL-LO WATER DISTTRICT

Statement of Financial Position

As of December 31, 2015
(With comparative figures for 2014)
ASSET

2015

2014

CURRENT ASSETS
Cash (Note 5)
Cash - Collecting Officer
P
Working Fund
Cash in Bank - Local Currency
Cash in Bank - Foreign Currency
Total
Receivables (Note 6)
Accounts Receivable
Receivables- Disallowances/Charges
Due to Officers and Employees
Allowance for Doubtful Accounts
Accounts Receivable - Net
Other Receivable
Total
Inventories (Note 7)
Office Supplies Inventory
Chemicals & Filtering Supplies Inventory
Other Inventories
Total
Prepayments, Deposit and Deferred Charges (Note 8)
Guaranty Deposits
Other Prepayments and Deposits
Other Deferred Charges
Total
TOTAL CURRENT ASSETS

21,454.84
10,000.00
5,850,915.59
5,882,370.43

15,449.12
10,000.00
4,124,778.89
4,150,228.01

627,463.05
116,948.00
199.99
(61,019.13)
683,591.91
111,323.51
794,915.42

716,179.47
0.00
0.00
(45,354.86)
670,824.61
54,511.51
725,336.12

177,414.65
727,001.39
904,416.04

685.00
10,891.95
629,717.50
641,294.45

27,600.00
27,600.00
7,609,301.89

(3,000.00)
27,600.00
24,600.00
5,541,458.58

NON-CURRENT ASSETS
PROPERTY, PLANT AND EQUIPMENT (Note 9)
Land and Other Improvements
Land
456,000.00
Land Improvements
197,574.00
Accumulated Depreciation - Land Improvements
Total
653,574.00
Plant, Building and Structures
Plant (UPIS)
37,377,173.27
Accumulated Depreciation - Plant
(7,706,883.49)
Building and Other Structures
4,531,334.03
Accumulated Depreciation - Building and Other Structures (597,932.45)
Total
33,603,691.36
Equipment and Machinery
Office Equipment
269,556.35
Accumulated Depreciation - Office Equipment
(214,819.88)
Land Transport Equipment
114,550.00
Accumulated Depreciation - Land Transport Equipment
(54,495.74)
Other Machinery & Equipment
6,393,732.93
Accumulated Depreciation - Other Machinery and Equipment
(3,644,922.44)
Total
2,863,601.22
Furniture, Fixtures and Books
Furniture and Fixtures
63,983.50
Accumulated Depreciation - Furniture and Fixtures
(49,459.74)
Book
800.00
Total
15,323.76
Construction-in-Progress
Construction-in-progress - Plant
Construction-in-progress-Building and Other Structures
703,157.40
Total
703,157.40
TOTAL PROPERTY, PLANT AND EQUIPMENT
37,839,347.74
OTHER ASSETS (Note 10)
Intangible Assets
Other Assets
TOTAL OTHER ASSETS
TOTAL ASSETS

38,000.00
4,999,031.61
5,037,031.61
50,485,681.24

456,000.00
126,890.00
582,890.00
37,274,057.50
(6,685,132.10)
4,435,075.83
(463,194.63)
34,560,806.60
225,576.35
(184,473.23)
114,550.00
(41,416.81)
6,379,432.93
(3,138,788.28)
3,354,880.96
63,983.50
(43,915.74)
20,067.76
0.00
89,933.20
89,933.20
38,608,578.52

38,000.00
4,999,031.61
5,037,031.61
49,187,068.71

LIABILITIES AND EQUITY

CURRENT LIABILITIES (Note 11)
Payable Accounts
Accounts Payable
Total

13,604.00
13,604.00

29,750.00
29,750.00

64,558.15
50,505.85
115,064.00

29,605.25
46,460.91
76,066.16

8,271,876.00
21,271,573.48
20,363,773.59

5,426,943.14
18,374,765.49
12,739,278.68

49,907,223.07

36,540,987.31

14,153.11
3,000.00
17,153.11

11,572.91

TOTAL CURRENT LIABILITIES

50,053,044.18

36,658,376.38

NON-CURRENT LIABILITIES (Note 12)

Loan Payable
TOTAL NON-CURRENT LIABILITIES
TOTAL LIABILITIES

39,675,672.16
39,675,672.16
89,728,716.34

38,155,555.02
38,155,555.02
74,813,931.40

Inter-Agency Payables
Due to Natiomal Government Agencies (BIR, ect)
Due to Government Onwed and/or Controlled Corporation
Total

Loans/ Lease Payable

Current Portion of Long-term Debt
Interest Paayble
Loan Penalty Payable
Lease Payable
Total
DEFERRED CREDITS
Deferred Tax Liability (Franchise Tax)
Customers' Deposit
TOTAL DEFERRED CREDITS

EQUITY
Donated Capital (OPIC)
Retained Earnings
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY

13,076,177.70
(52,319,212.80)
(39,243,035.10)
50,485,681.24 P
-

(See accompanying Notes to Financial Statements)

11,572.91

17,367,227.70
(42,994,090.39)
(25,626,862.69)
49,187,068.71
-

LAL-LO WATER DISTRICT

Statement of Profit or Loss
For the Year ended December 31, 2015
(With comparative figures for 2014)
2015
Business and Service Income:
Generation, Transmission and Distribution Income
Other Business and Service Income
Fines and Penalties -Service Income
Discounts
Rebates
Total Business and Service Income
Less: Operating Expenses:
Operation Expenses:
Personal Services
Salaries and Wages
Salaries and Wages - others
Personnel Economic Relief Allowance (PERA)
Additional Compensation (ADCOM)
Representation Allowances
Transportation Allowances
Clothing and Uniform Allowance
Honoraria (Director's Fees & Remuneration, etc)
Year-end Bonus
Overtime and Holiday Pay
Other Bonuses and Allowances
Life and Retirement Insurance Contributions
PAG-IBIG Contribution
PHILHEALTH Contributions
ECC Contributions
Vacation and Sick Leave Benefits
Total Personal Services
Other Operation Expenses
Office Supplies expense
Fuel, Oil and Lubricants Expenses
Travel Expenses
Training and Scholarship Expesnes
Electricity
Postage and Deliviers
Telephone Expense - Mobile
Internet Expenses
Printing Expenses
Advertising, Promotional and Marketing Expenses
Taxes, Duties and Licenses
Insurance Premiums
Representation Expenses
Awards and Rewards
Rent /Lease Expense

2014

8,632,187.65 P
235,109.78
323,086.63
(19,202.00)

7,294,805.06
69,080.44
285,258.43
(15,109.01)

9,171,182.06

7,634,034.92

1,895,283.92
630,840.00
50,852.32
139,920.46
60,000.00
60,000.00
40,000.00
178,272.00
148,340.00
37,111.18
96,000.00
209,584.44
9,600.00
19,500.00
9,300.00
23,025.76
3,607,630.08

2,308,442.45

50,866.40
34,953.07
167,134.20
43,600.00
49,476.45
1,420.00
12,157.23
398.00
61,614.00
14,400.00
217,877.77
26,469.92
44,487.50
10,000.00
8,600.00

41,524.25
43,873.65
102,680.07
59,280.46
42,699.31
2,802.00
17,988.00
3,471.00
80,599.00
23,196.00
176,375.03

95,681.90
94,136.34
60,000.00
60,000.00
40,000.00
185,472.00
148,330.00
40,248.08
90,000.00
181,408.32
9,600.00
19,500.00
7,200.00
43,970.28
3,383,989.37

53,368.00

Research, Exploration and Development Expenses

Generation, Transmission and Distribution Expenses
Membership Dues and Contribution to Organizations
Cultural and Athletic Expenses
Donations
Legal Services
Auditing Serivices
General/ Janitorial Services
Doubtful Accounts Expenses
Depreciation - Plant (UPIS)
Depreciation - Building and Other Structures
Depreciation - Office Equipment
Depreciation - Land Transport Equipment
Depreciation - Other Machinery and Equipment
Depreciation - Furniture and Fixtures
Other Maintenance and Operating Expenses
Total Other Operations Epxenses
Total Operation Expense
Maintenance Expenses:
Repair and Maintenance - Land Improvement
Repairs and Maintenance - Plant (UPIS)
Repairs and Maintenance - Building & Other Structures
Repairs and Maintenance - Office Equipment
Repairs and Maintenance - Land Transport Equipment
Repairs and Maintenance - Other Machinery and Equipment
Repairs and Maintenance - Furnitures and Fixtures
Total Maintenance Expenses
Total Operation and Maintenance Expenses
Utility Operating Income
Other Income
Total Income
Miscellaneous Income Deductions
Net Income Before Itenrest & Financial Charges
Bank Charges
Interest Expenses
Loan Penalty Expenses
Other Financial Charges
Net Loss for the Period
P

1,872,125.63
8,026.00
45,213.31
3,200.00
1,441.56
300.00
15,664.27
1,021,751.39
134,737.82
30,346.65
13,078.93
506,134.16
5,544.00
4,800.00
4,405,818.26
8,013,448.34

1,656.00
109,098.95
61,841.37
6,050.00
5,685.00
66,172.40
400.00
250,903.72
8,264,352.06
906,830.00
123,127.44
1,029,957.44
1,029,957.44
(100.00)
(1,930,838.00)
(6,577,008.72)
(10,104.00)
(7,488,093.28) P

22,706.20
1,658,657.04
10,200.00
48,997.00
6,700.00
400.00
1,540.00
13,242.26
986,200.38
99,469.59
26,117.07
13,078.93
479,622.70
5,743.06
4,020,531.00
7,404,520.37

231,373.83
54,573.90
5,000.00
9,573.00
54,831.50
355,352.23
7,759,872.60
(125,837.68)
88,059.60
(37,778.08)
(37,778.08)
(3,184,976.00)
(4,118,319.69)
(7,341,073.77)

LAL-LO WATR DISTRICT

Statement of Changes in Equity
For the Year ended December 31, 2015
(With comparative figures for 2014
2015
Government equity, beginning of period
Addition (deductions)
Government equity, end of period

Donated capital, beginning of period

Additions (deductions)
Donated capital, end of period

Retained earnings (deficit), beginning of period

Prior Period Adjustment
Net Loss
Retained earnings (deficit), end of period
Total Equity

2014

17,367,227.70 P
(4,291,050.00)
13,076,177.70

16,698,942.70
668,285.00
17,367,227.70

(42,994,090.39)
(1,837,029.13)
(7,488,093.28)
(52,319,212.80)

(34,081,282.61)
(1,571,734.01)
(7,341,073.77)
(42,994,090.39)

(39,243,035.10) P

(25,626,862.69)

LAL-LO WATER DISTRICT

Statement of Cash Flows
For the Year ended December 2015
(with comparative figurres for 2014
2015
Cash Flows from Operating Activities
Cash Inflows:
Collection of Water Bills
P
Collection of Other Revenues
Refund of overpayment of expenses and Cash Advances
Interest Income
Total Cash Inflows
P
Cash Outflows:
Payment of Operating Expenses:
Payroll
Fuel/Power for Pumping
Chemicals
Other Operations ans Miantenace Expenses
Purchase of Supplies Inventory
Total Cash Outflows
P
Total Cash Provided by Operating Activities
P
Cash Flows form Investing Activities:
Cash Inflows:
Proceed from Short-Term Investments/Cash Deposit
Total Cash Inflows
Cash Outflows:
Purchase/construction of PPE/UPIS
P
Total Cash Outflows
p
Total Cash Used by Investing Activities
P
Cash Flows from Financing Activities
Cash Inflows:
Proceed from Borrowing (Loans Payable)
Cash Outflows:
Cash Payments of interest on loans payable and other financial charges
Payment of Financial Charges
Payment of domestic and foreign loans
Total Cash Used by Financing Activities
Cash Provided (Used) by Operating, Investing and Financing Activities
P
Add: Cash and Cash Equivalents, Beginning
P
Cash and Cash Equivalents, Ending
P

9,007,372.08
769,688.60
26,611.16
9,739.87
9,813,411.71

2014

7,465,496.62
1,028,145.79
13,303.68

8,506,946.09

(2,234,349.83)
(1,441,760.75)
(78,079.36)
(2,768,878.02)
(941,469.26)
(7,464,537.22) P
2,348,874.49 P

100.00
100.00

(2,219,350.45)
(1,477,573.31)
(29,270.00)
(3,509,106.68)
(951,664.88)
(8,186,965.32)
319,980.77

(616,832.07) P
(616,832.07) p
(616,832.07) P

(925,732.45)
(925,732.45)
(925,732.45)

1,732,142.42
4,150,228.01
5,882,370.43

P
P
P

(605,751.68)
4,755,979.69
4,150,228.01

5. Cash
5.1 This account is composed of the following:
Accounts
Cash on Hand
Working Fund - District
Working Fund - Project
Cash in Bank (LBP- LWUA)
Cash in Bank ( LBP-, Bank Reserve)
Cash in Bank (Coop. Bank of Cagayan)
Cash in Bank (LBP-District)
Cash in Bank (LBP, Terminal Pay)
Cash in Bank (LBP-LWUA AMORTIZATION)
Total

2015
21,454.84
5,000.00
5,000.00
29,219.53
804,300.08
407,351.12
625,183.26
721,560.83
3,263,300.77
5,882,370.43

2014
15,449.12
5,000.00
5,000.00
29,469.53
503,368.86
76,465.73
320,099.02
540,878.14
2,654,497.61
4,150,228.01

5.2. Cash on Hand includes undeposited collections from water sales.

5.3. Working Fund represents amount set aside which is used for small expenditures.
5.4. Cash in Bank (LBP-LWUA) represents proceeds of loans from Local Water Utilities
Administration
5.5. Cash in Bank (LBP - Bank Reserve) reprresents the 3% bank reserve of the District from
future projects
5.6. Cash in Bank (Cooperative Bank of Cagayan) represents daily collection depository account
of the District
5.7. Cash in Bank (LBP District) represents fund of the normal operations of the District.
5.8. Cash in Bank (LBP Terminal Pay) represents amount set aside for payment of terminal
leave benefits of the employees of the District.
5.9. Cash in Bank (LBP-Loan Amortization) represents amount set aside for payment of loan to
LWUA.
6. Receivables, net
6.1. This account consists of the following:
Accounts
Accounts Receivalbe - Customers
Accounts Receivable - Others
Other Receivable
Due from officers & employees
Total
Allowance for Doubtful Accounts
Receivables, net

P
P

2015
627,463.05
111,323.51
116,948.00
199.99
855,934.55
(61,019.13)
794,915.42

P
P

2014
716,179.47
54,511.51

770,690.98
(45,354.86)
725,336.12

6.2. Accounts Receivables - Customers account represents amount due from customers for
water sales
6.3. Other Receivable - represents material service connection fee due from customers

7. Inventories
7.1 This account consists of the following:
Accounts
Office Supplies Inventory
Chemicals and Filtering Supplies Inventory
Other Inventories
Total

2015
P

P
177,414.65
727,001.39
904,416.04

2014
685.00
10,891.95
629,717.50
641,294.45

7.2. Other Inventories account consists of pipes, water meters and other materials used for
service connections
7.3 Chemicals and Filtering Supplies Inventory - consists of Polyaluminum Chloride (PAC)
and Chlorine for water treatment
8. Prepayments and Deferred Charges
9. Property, Plant and Equipment, net
9.1. This account is composed of the following:
Accounts
Land
Land Improvements
Plant
Building and Other Structures
Office Equipment
Land Transport Equipment
Other Machinery and Equipment
Furniture and Fixture
Books
Sub-total
Less: Accumulated Depreciation
Property, Plant and Equipment, Net
Add: Construction Work in Progress - Plant
Construction Work in Progress-Buildings
and Other Structures
Total Property, Plant and Equipment, Net

2015
456,000.00
197,574.00
37,377,173.27
4,531,334.03
269,556.35
114,550.00
6,393,732.93
63,983.50
800.00
49,404,704.08
12,268,513.74
37,136,190.34

49,075,566.11
10,556,920.79
38,518,645.32
0.00
89,933.20

38,608,578.52

703,157.40
P

37,839,347.74

2014
456,000.00
126,890.00
37,274,057.50
4,435,075.83
225,576.35
114,550.00
6,379,432.93
63,983.50

9.2 The composition of Accumulated Depreciation is the following:

Accumulated Depreciation
Plant
Building and Other Structures
Office Equipment
Land Transport Equipment
Other Machinery and Equipment
Furniture and Fixture
Total

2015
7,706,883.49
597,932.45
214,819.88
54,495.74
3,644,922.44
49,459.74
12,268,513.74

2014
6,685,132.10
463,194.63
184,473.23
41,416.81
3,138,788.28
43,915.74
10,556,920.79

10. Other Assets

This account consists of unserviceable properties of the Agency broken down as follows:
Accounts
Intangibles Assets
Other Assets
Total

P
P

2015
38,000.00
4,999,031.61
5,037,031.61

P
P

2014
38,000.00
4,999,031.61
5,037,031.61

11. Current Liabilities

11.1. This account consists of the following:
Accounts
Accounts Payable
Interest Payable
Due to National Government Agencies
Due to GOCC (GSIS Payable)
Due to GOCC (GSIS Loans Payable)
Due to GOCC (HDMF Payable)
Due to GOCC (HDMF Loans Payable)
Due to GOCC (Philhealth Payable)
Current Portion on Long Term Debt-2015
Current Portion on Long Term Debt- balance of
Prior Years
Loan Penalty Payable
Deferred Tax Laibility (Franchise Tax)
Other Payables
Total

2015
13,604.00
21,271,573.48
64,558.15
31,951.40
8,694.20
3,200.00
3,410.25
3,250.00
6,861,998.00

1,409,878.00
20,363,773.59
14,153.11
P

50,050,044.18

2014
29,750.00
18,374,765.49
29,605.25
29,503.39
7,852.78
3,200.00
2,654.76
3,249.98
1,409,878.00
4,017,065.14
12,739,278.68
11,572.91
0.00
36,658,376.38

11.2. Other Payables account was classified to Accounts Payable which consists of the following:

Particulars
Materials received on account
Due to officers and employees (refunds BIR)
Total

2015
P
P

P
-

2014
29,750.00
0.00
29,750.00

11.3. Due to National Government Agencies represents taxes witheld from payroll and from
purchases of goods and services
12. Non-Current Liabilities
This pertains to Loans Payable account which represents various loans received from LWUA on
various dates, with different terms and interest rates, to wit:
Particulars
Long term debt
Current portion of long term debt-2014
Additional loan releases
Total

2015
39,675,672.16

2014
39,565,433.02
(1,409,878.00)

39,675,672.16

38,155,555.02

13. Business and Service Income

This pertains to Generation, Transmission & Distribution Income which consist of the following:
Accounts
Metered Sales
Unmetered Sales
Miscellaneous Service Income
Penlaty Charges
Total

2015
8,616,536.70
15,650.95
235,109.78
323,086.63
9,190,384.06

2014
7,272,861.06
21,944.00
69,080.44
285,258.43
7,649,143.93

13. Other Income

This account consists of the following:
Accounts
Interest Income
Others
Total

P
P

2015
9,739.87
113,387.57
123,127.44

P
P

2014
8,493.69
79,565.91
88,059.60

14. Financial Expenses

This account consists of the following:
Accounts
Interest expense
Loan Penalty Expenses
Bank Charges
Total

2015
1,930,838.00
6,577,008.72
100.00
8,507,946.72

2014
3,184,976.00
4,118,319.69

7,303,295.69

PROPERTY PLANT AND EQUIPMENT

This account is compose of the following:
Acct. Code
201
201
201
202

Land
Land (lower magapit - south)
Land (Catayauan)
Land Improvement
Plant (UPIS)
WELL- NO. 2 - (Lower Magapit)
203-4b
WELL- NO. 3 - (Upper Magapit)
203-4c
WELL - NO.4 - Lower Magapit - south) project 25M 203-d
WELL - NO.5 - CATAYAUAN (surface water)
2013-e
Reserviors and Tanks (Centro)
203-8a
Reserviors and Tanks (Upper Magapit)
203-8b
Transmission and Distribution Mains
203-9a
Transmission and Distribution Mains (project)
203-9b
Transmission and Distribution Mains (project 25M)
203-9c
Transmission and Distribution Mains (catayauan)
203-9d
Services
203-11
Meters
203-12
Meter Installation
203-13
Hydrants
203-14
Building and Other Structures
Source of Supply Plant Structures and Improvement
204-1
Pumping Plant Structures and Imp. (Pumphouse#1)
204-2a
Pumping Plant Structures and Imp. (Pumphouse#2)
204-2b
Pumping Plant Structures and Imp. (Pumphouse#3)
204-2c
Pumping Plant Structures and Imp. (Pumphouse#4)
204-2d
Pumping Plant Structures and Imp. (Pumphouse#5)
204-2e
Structures & Improvements-Water Treatment Plant- Catayauan
204-3a
Administrative Structures & Impro. (Office Building) 204-5
Office Equipment
S-10-18 set stainless fan- fully depreciated
207
Calculator Big DR-120 CB - fully depreciated
207
Steel Cabinet 4 layer plane - fully depreciated
207
Durabox Zooey 909L- fully depreciated
207
Cash Box - fully depreciated
207
Casio Calculator - fully depreciated
207
steel cabinet w/vault - fully depreciated
207
Additional prorated cost - fully depreciated
207
Typewriter Olympia Carina 3- fully depreciated
207
Computer with chair - fully depreciated
207
new comp. w/ chair
207
Computer Printer w/ UPS
207
New type writer Olympia 18"
207
Monitor "LCD"
207
Aircon
207
Computer (laptop)
207
Electric fan (3 units)
207

2015
36,000.00
140,000.00
280,000.00

2014
36,000.00
140,000.00
280,000.00
126,890.00

1,915,551.07
1,311,522.81
2,173,759.65
331,596.42
4,213,127.18
80,890.50
9,976,223.68
927,506.71
9,988,756.04
713,355.85
2,881,825.32
1,579,675.20
1,145,157.66
138,225.18

1,915,551.07
1,311,522.81
2,173,759.65
331,596.42
4,213,127.18
80,890.50
9,976,223.68
927,506.71
9,988,756.04
713,355.85
2,836,009.55
1,563,835.20
1,103,697.66
138,225.18

56,677.80
401,971.32
285,864.64
334,870.52
365,270.75
648,576.35
1,933,264.57
504,838.08

56,677.80
401,971.32
285,864.64
334,870.52
365,270.75
552,318.15
1,933,264.57
504,838.08

1,320.00
3,099.00
6,039.00
1,575.00
1,550.00
600.00
12,000.00
5,146.46
6,693.75
36,700.00
30,722.14
7,300.00
26,500.00
4,929.00
27,027.00
33,650.00
4,125.00

1,320.00
3,099.00
6,039.00
1,575.00
1,550.00
600.00
12,000.00
5,146.46
6,693.75
36,700.00
30,722.14
7,300.00
26,500.00
4,929.00
27,027.00
33,650.00
4,125.00

Electric fan (4 units)

207
5,150.00
Printer (IP2700) with continuous ink
207
3,800.00
CPU (mother board)
207
7,650.00
Desktop Computer w/ printer
207
36,180.00
Canon Printer (Pixma IP2770 w/ continuous ink & esternal drive) 207
7,800.00
Land Transport Equipment
214
114,550.00
Other Machinery and Equipment
Power Production Equipment (Gen.Set)
225 - 01a
823,547.63
Power Production Equipment (Gen.Set)w/ additional cost
225 - 01b
664,300.00
Power Production Equipment (Gen.Set)
225-1c
774,480.00
Additional Cost - gen set
225-1c
26,300.00
PUMPING EQUIPMENT (Upper Magapit # 3)
225 - 02d
488,890.56
PUMPING EQUIPMENT (lower Magapit #4)
225 - 02
927,498.60
Pumping Equipment No. 2 (Magapit)
225 -02e
1,157,597.49
Pumping Equipment-Magapit (flow meter)
225 - 02f
20,400.00
Pumping Equipment-Centro (water pump)
225 - 02g
13,600.00
Pumping Equipment ( transformer - upper magapit) 225 - 02L
138,300.00
Pumping Equipment (transformer installation)
225-02M
211,337.50
Pumping Equipment (centrifugal pumset control panel)225 02N
416,741.75
Pumping Equipment ( transformer - catayauan)
225-02m
116,355.00
Water Treatment Equipt. (Upper Magapit -Chlorinator)225 - 03a
77,000.00
Water Treatment Equipt. (lower Magapit -Chlorinator)-defective
255 -03b
77,652.00
Water Treatment Equipt. (Upper Magapit -Chlorinator)-deffective
225 - 03c as of July 31,100.00
2012
Water Treatment Equipt. (Chlorinator-lower magapit- 225 - 03d
31,100.00
Water Treatment Equipt. (Chlorinator- south - fully depreciated
225-03e
31,100.00
Water Treatment Equipt. (Chlorinator)
225-3e
31,460.00
Water Treatment Equipt. (Chlorinator)
225-3f
28,000.00
Water Treatment Equipt. (Chlorinator)-on stock
255-3F
31,000.00
Communication Equipment (fax machine)
225 - 05
7,200.00
Tools, Shops & Garage Equipment
Tools, Shops & Garage Equip.
225 - 07a
100,221.40
pipe chain tong wrench 36" rigid
225 - 07a
24,667.00
36" chain wrench rigid
225 - 07a
14,657.00
2pcs 36" pipe wrench rigid
225 - 07a
20,540.00
chain block - 5 tons
225 - 07a
29,172.00
TRI POD
225 - 07a
8,130.00
Tools (fabricated tools)
Tools, Shops & Garage Equipment 2
225 -07b
14,200.00
Tools, Shops & Garage Equipment 3
225 -07c
10,970.00
Tools, Shops & Garage Equipment -welding machine 225 - 07d
33,615.00
Tools, Shops & Garage Equipment -used in reservoir &225-07e
tank
3,550.00
Tools, Shops & Garage Equipment -PH#5 Catayauan 225-07F
9,050.00
Furnitures and Fixture
Conference table - fully depreciated
226
3,074.00
Office Table - fully depreciated
226
2,358.00
Wooden Filing Cabinet - fully depreciated
226
5,180.00
Executive Chair - fully depreciated
226
1,500.00
Fax machine table - fully depreciated
226
3,636.50
3 dozens plastic chair - fully depreciated
226
10,800.00
Filling wooden cabinet
226
6,635.00

5,150.00
3,800.00
7,650.00

114,550.00
823,547.63
650,000.00
774,480.00
26,300.00
488,890.56
927,498.60
1,157,597.49
20,400.00
13,600.00
138,300.00
211,337.50
416,741.75
116,355.00
77,000.00
77,652.00
31,100.00
31,100.00
31,100.00
31,460.00
28,000.00
31,000.00
7,200.00
100,221.40
24,667.00
14,657.00
20,540.00
29,172.00
8,130.00
14,200.00
10,970.00
33,615.00
3,550.00
9,050.00
3,074.00
2,358.00
5,180.00
1,500.00
3,636.50
10,800.00
6,635.00

Tables & filing cabinet

226
Total
Add: Intangible Asset
261
Add: Other Asset
WELL- NO. 1-(Centro)
203 -4a
WELL - NO.5 - CSU -inside/outside(non-productive) 203-e
Structures & Improvements-Water Treatment Plant
204-03
Computer with printer
207
Additional pro rated cost
207
Pumping Equipment No. 1 (Centro)
225 - 02a
Pumping Equipment-Centro
225 -02c
Pumping Equipment (Booster Pump)
225 - 02h
Pumping Equipment ( submersible / impeller )
225 - 02i
Pumping Equipment No. 2 (Centro) deepwell pump 225 - 02k
Pumping Equipmwnt (Deepwell Pump)(other asset) 225 - 02b
Total Other Asset
Total
Contruction in Progress - Plant
Contruction in Progress - Building and Other Machinery
Total
Less: Accumulated Depreciation - Plant
Accumulated Dep. - Building and Other Structures
Accumulated Depreciation - Office Equipment
Accumulated Dep - Land Transport Euipment
Accumulated Dep - Other Machinery and Equipt
Accumulated Depreciation - Furniture and Fixture
TOTAL

30,800.00
49,206,330.08
38,000.00

30,800.00
49,075,566.11
38,000.00

260,244.09
2,925,481.46
436,866.50
16,500.00
7,107.02
905,734.74
55,350.00
43,412.40
51,000.00
246,124.40
51,211.00
4,999,031.61
54,243,361.69

260,244.09
2,925,481.46
436,866.50
16,500.00
7,107.02
905,734.74
55,350.00
43,412.40
51,000.00
246,124.40
51,211.00
4,999,031.61
54,112,597.72
89,933.20

703,157.40

54,946,519.09
7,706,883.49
597,932.45
214,819.88
54,495.74
3,644,922.44
49,459.74
42,678,005.35

54,202,530.92
6,685,132.10
463,194.63
184,473.23
41,416.81
3,138,788.28
43,915.74
43,645,610.13