FILINVEST LAND BOND ISSUANCE

REASON:

Reason for issuing bonds

 EFFECTS TO FINANCIAL STATEMENT:

2 (after issuance of the bonds) the total asset of the company has increased by 19.9% or 13.625.134

To 2011 (during issuance of the bonds) the total asset of the company
From 2010
has increased
(before the
by issuance
10.4% orof
6,4b
o 2012 (after issuance of the bonds) the total asset of the company has increased by 26.53%

To 2011 (during issuance of the bonds) the total asset of the

From
company
2010 (before
has increased
the issuance
by 23.02%
of b

Net income after the issuance has increasedNet

to 16.6%
income during the issuance
ng the issuance) until its due date of 2016, Filinvest Land has increase its asset from 68,302,130 to 129,425,232 or 47.22%
ng the issuance) until its due date of 2016, Filinvest Land has increase its revenue to 102.02%

g the issuance) until its due date of 2016, Filinvest Land has increase its Net Income to 81.89%
FILINVEST LAND was able to pay back the bonds because of its
gradual increase in its assets, revenue and net income. The
company was able to generate more than half of its net income