weet ewes (Jog) initps:v/erps.p1r-gov.pr/onvapuane:payrren a CF we | BIR eFPS has received the payment confirmation for your tax return from BANCNET-CHINABANK 1 161-625-894 -000 I | rnp nae PLAZA,ROEL PROCHINA . Loft 2018, 12:23 PMiling Reference Number Page : bttps.//enps.01r yoy. prrsmucyess +o rye orn sees REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE, FILING REFERENCE NO. 167-623-804.000 PLAZA ROEL PROCHINA 104 1701 zare00024873116 42,035.00 Calender saew017 + o4rn2010 [Bik Main | eFPStogn | User Menu | Help ] 1of 1 4/11/2018, 12:10 PMjitps://www.bancnetontine, comvapps/serviev 1 pgoes victe rom Authorizer Payment Acknowledgement Receipt TIN: 161-623-894 Branch Code: 000 RDO Code: 104 Name of Taxpayer : PLAZA ROEL PROCHINA ‘Tax Type: Ir ‘Tax Return Period : 12/31/2017 Bank: China Banking Corporation 221800024673116 Payment Transaction Number : 182384201 BancNet Confirmation Number : 917955 Filing Reference Number Payment Instruction Date : 04/11/2018 ‘Tax Amount Due : Php 42,035.00 Actual Tax Amount Paid : Php 42,035.00 ‘Transaction Date : 04/11/2018 11:15:10 AM ‘Transaction Status : Approved Contact BaneNet of | wiCERTIFICATE ON THE COMPILATION SERVICES FOR THE PREPARATION OF THE FINANCIAL STATEMENTS AND NOTES TO THE FINANCIAL STATEMENTS I hereby certify that I am the Certified Public Accountant (CPA) who performed the compilation services related to the preparation and presentation of financial information ofan entity in accordance with an applicable financial reporting framework and reports as reaiitod by accounting and auditing standards for ROIM BUILDERS AND CONSTRUCTION SUPPLY for the period ending December 31, 2017. In discharging this responsibility, I hereby declare that | was contracted by ROIM BUILDERS CONSTRUCTION SUPPLY to perform this service. Furthermore, in my compilation services for the preparation of the Financial Statements and Notes to the Financial Statements, | was not assisted by or did not avail of the services of Ma, Corazon E. Bentain who is the external auditor who rendered the audit opinion for the said Financial Statements and Notes to the Financial Statements. thereby declare, under penalties of perjury and violation of Republic Act No, 9298, that my statements are true and correct. MERCHITHA P. POCULAN Professional Identification Card No. 38679 Valid until May 7, 2019 Partner, PATH & Co., CPAs ‘Accreditation Number: 4523 Valid until March 19, 2020 . APR I Qyyp SUBSCRIBED AND SWORN TO. BEFORE ME in Butuan City, Philippines this_ day of 2018 at Butuan City, Philippines, affiant personally appeared before me and exhibited to me her competent evidence of identity as indicated above. Doc.No. 297 Page No. Book No. Series of 2018.PRACTITIONER'S COMPILATION REPORT “The Management of ROIM BUILDERS AND CONSTRUCTION SUPPLY Brgy.5 San Francisco, Agusan del Sur We have compiled the accompanying financial statements of, ROIM BUILDERS AND CONSTRUCTION SUPPLY based on information you have provided. These financla! saterrenl comprise the statement of financial position of ROIM BUILDERS AND ‘CONSTRUCTION SUPPLY coeeanecember 31, 2017, the statement of comprehensive income, statement of changes in equity and statement of cash flows for the year then ended, and a summary of significant ‘accounting policies and other explanatory information. We performed this compilation engagement in accordance with Philippine Standard on Related Services 4410 (Revised), Compilation Engagements. We have applied our expertise in accounting and financial reporting ‘0 assist you in the preparation and presentation of these financial statements jn accordance with Philippine repacial Reporting Standards for Small-and Medium-sized Entities (PFRS for SMEs). We have Complied with relevant ethical requirements, Including principles of integrity, objectivity, professional competence and due care. ‘These financial statements and the accuracy and completeness of the information used to compile them are your responsibility. since a compilation engagement is not an assurance engagement, we are not required to verify the accuracy or completeness of the information you provided to us to compile these financial Statements, Accordingly, we do not express an audit opinion or a review conclusion on whether Stee financial statements are prepared in accordance with PFRS for SMEs. MEREEDITHA P. POCULAN Parther, PATH & Co., CPAS April 5, 2018 Butuan City, PhilippinesIR Form 1701 * hitps://etps.o1r.gov.pritacesy errs wey warn. reson sre tain AB A sce: I] — 1BENCEPY ‘Republika ng Pkipinas Annual income Tax Return ‘BR Form No. aero, For Sel Employed uae, esas and Toss ‘1701 Feeenectan| ara ccele NaN aa | aera Smutemmseeeeara teams | tate Forthe year 12 12047 [2 Amended Return? vex sn ~__ |S Short Period Retum? ‘Alphanumeric Tax Code (ATC) 1011 Compaominn eon 1042 Sunes naonatneon om Pel Part |- Background information on TAX FILER. (STapayerdentitcatin Number(FIN) 161 - @28 604-000, |? Tax Filer Type - Single Propivior __Protesslonai__ Estate Trust [b Tax Fliers Name dat Nar Ft Name Mie Name er ndhtabT ESTATE Of ft Name Mike Name LasiNamel/ TRUST FAO: rstNara Mike Name Cost | hia) PLAZA ROEL PROGHINA ‘ROI BUILDERS AND CONSTRUCTION SUPPLY [f0 Registered Address ano comp regres ates) 'BRGY. 5 AGUSAN DEL SUR FT Date of Bith ammoomryw (2 Ema Adaress 05/15/1053 plazsoeiahoo comm 3 Contact Number 4 iv Status Trade ona an0-4104 Sian Lagat epared [smn aoe whetarepane neon cate [s6 Filing Status rang om Tvorimeoonnese [BULOINGOF CONSTRUCTIONS ORPARTS, GML ENGINEERING = HBPSIC 4520/19 PSOT 20 vats of oeten ttn ec 4 A, Opn tnd Onto (05) OCs soeuReena esx. 4). enone ss thos “ l2t Method of Aecounting Cah _ Asal _ ots Spat) 122 reome Bxempttom nese Tax? a [28 mame uit to SpecitPreterenal Rate? ea [es fiup seo Mandotoratachimants PER ACTIVI (PART X) [ves ftup seo Mandstoryatachmnte PER ACTH (PART) [28 wv, eter robe of Gatos Depensert Cs {er iver soutien on Par VIA o Page 3 [26 ciaing Att Exemptions? ae “Partil- Total Tax Payable (Do NOT enter Centavos) Tal naam Tx Ove (OverpaTT for Tox Fler and Spouse (va oitens 78728) Br Less otal Tax Cred /Paymons (um often 708 765) Bb Nel Tax Payable (Overpayment on ata?) — ae arte ae Meee ns aos i Tp GAG TS iow Til Tax Paysblener ert 2 ‘Aad Teal Penal (ron an t2 TOTAL AMOUNT PAYABLE Upon Fling (Overpayment) Sansone i089 TO at by oe TS a oe ea) isc or yen [Gore uate povetoe op, ali unl eats ena h god ah ver by me, dot bl of my nwa a el oe and corel paseo = | ere hon eno Gad, nerd att regione meued nt sery ret. (ALtorted Reresernive each ahora ltr en seo) _| ee 9 Near of pres fied " a a [34 Conmueny To Cartipte (CTE Wo /Oov suai © 11647881 36 bet fue wnvoareryy OTO82OTE [36 Paceormee LGU BRGYS,SFADS z — ll - Details of Payment ‘Drawee BankiAgency ‘Number [Caenank Det Mero - - eal — ie choc i [0 thr (Spe Bab. =e [cine Vaan Raven ORI Racal Doe id whan Ace’ Ago Bar of 4/1/2018, 12:09 PMIR For 1701 : btips://etps bir gov.prvracessrroweu_waui Annual IncomeTax Return : BIR FormMo. "| A Forsutelove mau xy at Ts ‘vor ——_| MUN) esse CA: aaa aioe ee frin [fax Filer's Last Name ~ — | ieee PRCA — — 1 Fart V Computation of income Tex - REGULAR RATE [et Gross Gornpensaton Income (row Shiu rem 53/505) [42 Less: Non-Taxable /Exempt Compensation _ [a3 Gross Taxable Compensation = Deduclons [Prin en eae Ppa rec tio Exod Paw las Personal Exemption/Exemplion for Esate and Trust lag Adionol Exemption - U7 Tal Deductions cn one a ls Not Taxable Compensation income jn ¥en OR. : li Excoss of Deductions nem sries mn) g0 Not SalosRovenuesiReooiplFes (rom Shue tm 550) [51 Add: Other Income from Operations not Subject to Final Tax (rem Schedule 3 em 34/38) [82 Toial Sales/Revenues/ReceiptelF ees (simor none 59857) ia Less: Cost of Seles/Services (Wot aloe or Tex Fler opted for SD) (From sched # Item 274/278) |64 Gross income from Business/Profession ‘Add: Non-Operating Income (Frm Schedule § iam 6A/68) {56 Total Gross Inoome (Sumo ems 4&5) Less: Allowable Deductions ome ene a 8 Special Alowable Kemized Deductions (rom Scheele 7 ten 55 [59 Aliowanoe for Net Operating Loss Carry Over (NOLCO) (ftom Schedule 8A Item D/ Schedule BB ttm 80) [60 Total Alowable ltemized Deductions cum or uns 57 9) ORO (64 Optional Standard Deductions (OSD) ator 22. SteuRacptrmencar es) er Patrmomet sac OMY meine Tepe) Ig2 Taxable income ftom BusinessProfession dons 6 xo em 6909+) [s-Add: Not Taxable Compensation income em lew 64988) — [8 Not Taxable incom fm tion 65) aes [65 Less: Excoss Deduction. fan rom rin 0) OR the Teal Dodane, Where is ino compensation income (ron im 8) [sé TOTAL TAXABLE INCOME pncetaoon [a7 TAX DUE-REGULAR foe Tx Trae om 50,000 inc Reto 40888 Tax Te ee, =o | = a sca eernee ee ments cae es sce oan ca ae an ore =e a ceeIR Form 1701 hitps://etps bi. gov. ptacesiser9 Wey_warsworisey49 version La Annual IncomeTax Return ‘orm " omnes ome “rot, | Ml EA esi OS: re ae fw — “fax Fllers Last Name - Part V - Summary of income Tax Due Description [__A tex Fier (6a Regular Rate - Income Tax Due Grom lem 670678) 7 [69 Special Rate - Income Tax Due (Pom Port x teem 105/155) {70 Less: Share of Other Govemment Aas ete 174 Net Special income Tax Due (rare atonal Gorton 6 Las fer 70) 72 TOTAL INCOME TAX DUE (Overpayment) | eum otters 62879 (To fem 26) Loss: Tax Credits Payments [73 REGULAR (Prom Sohedue 9 teem 109/108) ore [Pa Special (rom rare teem 196/196) call [76 Exempt (rom Part IX Teen 1907196) ae ~ - [76 Total Tax CreditvPayments (um or ims 7910 79 (70 Fm 27) 63.3068 —] [77 Net Tax Payabie/(Overpayment) ten 72 tess non 76) 2205 — [76 NET TAX PAYABLE (OVERPAYMENT) FOR TAX FILER and SPOUSE softs 7788770) “2088 179 Less: Portion of Tax Payable Allowed for 2nd Installment to be paid on or before July 18 | Pt ra Ta 0X tt Sun oes 72M 72) (Te Lam 28), | [80 NET AMOUNT OF TAX PAYABLE (OVERPAYMENT) fem 8 os ion) [az interest [a3 Compromise (84 Total Penalties (sonar ons 1» 49) (To Kem 31) A) Taxon B) Spouse 4205003 5605 [aa ax Rete Avaiment Before Special Tax Gren [88 Add: Special Tx Cres (om Shi in e3) s0 Reouar Tox Relot Avalon an/nns ve) et Spocial Tx Reet Avalon (mum rv ton 28757) J Exempt Tax Rel Avalon (rom fr itn 26256) a8 Total Tox Rel Avalon oman oF 6m [94 Total Tax Relief Availment of Tax Filer & Spouse (sonortors 46035) : t future taxable profit, is more likely than not to be recovered. > TERNAL Ra 278ROIM BUILDERS & CONSTRUCTION SUPPLY, Bray. 5 San Francisco, Agusan del Sur NOTES TO FINANCIAL STATEMENTS As of and for the Years Ended December 31, 2017 and 2016 Note 1 Basis of Preparation ‘Statement of Compliance The financial statements have been prepared in accordance with Philippine Financial Reporting Standards for Small and Medium Entities. Basis of Measurement ‘The financial statements have been prepared on historical cost basis. Functional and Presentation Currency ‘The financial statements are presented in Philippine peso, which is the Company's functional currency. Uses of Judgements and Estimates ‘The preparation of the financial statements requires the management of the Company to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Future events may occur which will cause the assumptions used in arriving at the estimates to chango. ‘The effects of changes in estimates will be reflected in the financial statements as they become reasonably determinable. Note 2 ‘Summary of Significant Accounting Policies This is the first set of financial statements prepared by the Company in accordance with the PFRS for Small and Medium-sized Entities issued by the Philippine Accounting Standards Board. The principal acounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated, Cash Cash are carried in the balance sheet at cost. Cash comprises cash on hand, deposits held with Banks, other short-term highly liquid investments with original maturities of three months or less, and time deposits with banks that can be terminated anytime. Accounts Receivable ‘Accounts receivables are recognized initially al the transaction price. They are subsequently measured at ‘amortized cost using the effective interest method. At the end of each reporting period, the carrying amounts of accounts receivable are reviewed to determine whether there is any abjective evidence that the amounts are not recoverable. If so, an impairment loss is recognized immediately in proft or loss Property and Equipment Property and equipment are carried at cost less accumulated Land is not depreciation Depreciation is computed using the straight-line method over thot the ppaferty. (PE f 2 \c apr |The net canying amount of deferred tax assets is reviewed at each reporting date and is adjusted to reflect the current assessment of future taxable profits. Any adjustmens are recognized is profit or loss. Deferred tax is calculated at the tax rates that are expected to apply to the taxable profit (tax loss) of the periods in which it expects the deferred tax assets to be realized or then deferred tax liability to be settled, on the basis of tax rates that have been enacted or substantively enacted by the end of the reporting period, Current Changes In Accounting Policies ‘The company adopted the following new IFRS or PFRS for SMEs or amended standards and interpretations that have already been approved and effective January 2, 2010. We have adopted the new Financial Statement presentations of the new standards, The Intemational Accounting Standards Board (IASB) developes and publishes a separate standard intended to apply to the general purpose financial statements of, and other financial reporting by entities that in many countries are referred to by variety of terms, including small and medium entities (SMEs), private entities and non-publicly accountable entities. That standards is the Intemational Financing Reporting Standards for Small and Medium-Sized entities (IFRS for SMEs.) SMEs often produce financial statements only for the use of owner- managers or only for the use of tax authorities or other government authorities. Financial statements produced solely for those purposes are not necessarily general purpose financial statements. ‘The International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) was approved for issue by thirteen of the Fourteen members of the International Accounting Standards Board, Events After Balance Sheet Date Post year-end events that provide additional information about the company's position at the balance sheet date (adjusting events) are reflected in the financial statements. Post year-end events thal are not adjusting events are disclosed in the notes to financial statements when material Note 3 Cash and Cash Equivalents 2017 2016 Cash on hand P 824,368.10 P 2,426,843.00 Cash in bank. 229,201.90 41,907,547.89 Total P__1,053,570.00 4,334,390.89Deo. 31, 2016 Additions ___Disposals__Dec. 31, 2017 Toyota 1,800,000.00 - 1,800,000.00 Double cab "200,000.00 . 200,000.00 Colored Pick up 1,500,000.00 . 1,500,000.00 Howo transit mixer 6,600,000.00 6,600,000.00 ‘6 wheeler DT 1,480,000.00 1,450,000.00 10 wheelet DT 417,500,000.00 17,500,000.00 Isuzu 6 wheelers 4,300,000.00 - . 4,300,000.00 Total 60,527 600.00 25,550,000.00 86,077,600.00 Less: Accumulated depreciation __17,814,520.00 4,647,260.00___- 22,461,780.00 P_42,713,080.00 20,902,740.00 P_63,615,820.00 Note 6 Trade and other payable 2017 2016 Accounts payable, P_4520,112.00 P__4,898,954.00 Note 7 Equity Proprietor's equity is broken down as follows: 2017 2016 Roel P. Plaza, capital beginning 107,705,268 00 P92,934,452,00 ‘Add: Net Income for the year 13;302,634.00 16,270,816.00 Total 721,007,902.00 709,205,268.00 Less: Personal withdrawals 3,500,000.00 1,500,000.00 Balance, end of year P_117,507,902.00 P_107,705,268.00 AE ol