Aevicw of tne Norwe of Accounting ong the Uscthy oF Accounting informorion = externa) users and interna) wvers 4 s Y inating owner, crédito active onnew ef busintvs enrtrprives i) pnd Itnderv, portntiad invevtow, taxing authorities , etc. YU — financial Cratementy birter ond Ingirtcr users 4 ~ i for atcivion- making; required by the law; 40 provide dvict to oe Prorecr ~~ 9 $001 to prercer their Fhe inseresr of a dirty wer own inrertat in rhe tater priv Y u Branchty of Accounting Finoncio! accounting —¥ ¢tcognition, meovurement and communication of Y (tton omig resources), teongmig ob gationy and changer u in ceonomio revourcty ond obligariony Vu 3 txttrmal wens 7 Financiol yrarements Y management accounting > interna) uvers Y > MmoKing ond Impitmenting short: term ond 1ong- term > u 3 making routine and major tConomic decivions —Geur Accounting —> measurement and recognition ef (cov!) of vervices provided or product manytactured 10x accounting - recoraing Phare ¥ Avditing > independent txomination of the Fr, cOngucred bY O GPA fer Fat Maat purpose of rengéring on opinion ay 10 the folrnere of the Y prtstnrorion of the Fe ou o Financial Reporring and the srangord - sttring proctus uw International Accounting vtondards commitset (IASC) - 1918 Y - Internation ot nccounting srondards (ias) = 2001 Y — reconstituted ay the inttrnarionas accounting srandordy Board (Ince) YO Under the umbsciia of tht intcinotional Financiol Reporting crondardy @ ClPFRS) Foundarion ou = hon-prorir, pubiic interevs org. eyrablivned to dtvciop a Yo Singit ver ef high-qualiry, undétrvrondabig , enforecovie 4nd globany accepted accounting vrand ard = - FO promore and faciiirare adoption of tht srandardy eo International Financial xgporting stondardy (IFRs) UW - specific IFRS wy = mnrtepeesarions madt by the IFRIC ang sit uo - ins > tancpartney, aecounravility , and efficiency a Tho standard -] irrs Oo = Iden Ficarion = comprcnensive ‘main vonicié Fo principlt- waved ofthe iseuts avecvin oF FG Consult the loremavicnal Financia) Reporting Y issue, pocsivit iortitt red. public, p In. v and probi¢m. niet MacheRTG EG Initrprétorians committe UrRic) oddrtising the > interpret specific tesuts when issut ine standards ao not include specific aurmoratine guidance vuTht standard cctting Process in the Philippines "rhe Philipping AccoUnrancy ACT of 2004" —» Republic ACT no. 424% Acogeme / Education Public Government “commerce and Industry / Privare Arcos * Phitipping institure oF ctriifled Public Actountonts (PICPRY~ 1961 = ACyouMting trandordy council (ASG) — nov. 10, 1981 fo stVdy hE Octounting ¢tandard vétting proctyy in the PH 7 to wsrobilvh ond to improve GAAP in tho PH > S1oremen of Financiol Accounting standorov ( SFAC) L from Inyc and Financia! Aecovnting stondordy Board ( FAve) of the WR B0Grd tf AGC OUNtonGy (BOR) * body thot régulorty Fhe proctict Of a¢tountoncy in the pH — Pponciol Reporting srendorgs ceuncl! (FRFC) - 2006 > 10 replace ang toxt ovr Fhe Funorlpay of AVC J Ghoirmon and 1H members > Philipping Inrtrprorations committee (pic) ~ nov 2006 Ly bo proviae me counelh qusivronct in evroblish'ag ang Improving fnanciol reporting srandardy In the PH > Phitipping Pinanciol Rtporting srandarow [ PFRV) PERS Philippine ACCOUnIiNg vrOndards (PAS) MFRIC and VIC Pili ping interpre tati oas ris consideration of | ——» | exposurc | ——> | convidgration of | ——> | approval and Pronouncement draft on comments Hee oF inte t on_(ntecprorayj fOrmotign ef Fock 30°60 force when ntcessory; days 70 gle advice te he reo( Lecture ) Proftusiono) kcgulations commission (PRC) “ret modtrnization Agr of 2000" — PR BOR > mox. of 12 yeors ro verve the board sytan / ttm for vice choir? | yor / term 1 chairman — appointed by the provident of the PH vice 5 reguior mpmutrs National Acoregittd Profeieno! organization > T mgmotrs < G members A. PICPA > within G0 days prior FO the end Of tht hrm of the incumbent member ( 5 nomintts) ay oll fications: |. Worvror orn Fitipino citizen 4. Regisrertd CA with ort Qt 19 ytory oF experience in ony ficid 3. musr nOt bG Convicted of any crimt Involving moral sorriture 4. MWT aor St a OlreGtOr OF oF FICC OF NAPO oF tht tmt Of appointment 5. must not hove any pocuni gry mtgeter In Any school or tdvcoHonal Invrirurion where tht BSR program iv offered 4b. FRO whorriered +ht & Inyo 8 nominees Prouidcat of the PH > GhoovG the memberPurpoce ond statue of the concgpruol Framework 7 @ wsigt the Inve 10 develep IFRS thar arg baved om consivtent concepts ~ b. guvist préportes to develop tenvivtCnt accounting policify whet 0 ¢randard U oppli¢y 40 9 particular Fransoction er thts tvtnt, or whth O vrandard U anéws a choice °F accounting policy 6. avsWt on partlte to undtrsrand and interpret the vrongards the objective of Generol Purpose Financial Reporting — "ry" = — aime ro Provide Finonchal Information Gbour on enrity thor iv weful to Ww txisHog ong poréatial Invevtors. Itndtit O49 other creditors in making ww decisions about providing rtsourcev to th tority » Liquidity — avaiabiiry Of coyh in the ntor Future after Faking account OF fin oncio| commitments Over the flogncial period g volvency > avaiobinity of covn ever the 1onger strm ro meet fin oncial commitments be or they foul due ~ © Profitability -¥ ability of fhe enrerprivé +o gentrarc CQvh flows From ity existing vu resource bast + operating and Plodncios Flexibility > Company'y ability Fo qdjwr to unexpected downturh ¢ in the ¢gonomic environment ~ in whigh ir ppératey * 10 raKt odvOnrage bef of proflrape tnvevtment opportunitity Gy Lu they quite \\ Storemens of Financial position —y Economic recourcty and claime chenvive income — changes in an entityy refourcts and claimy result from ily financial performance refitted Income = torne by accrug) accounting noe ae etarement oF covh FLOWS chongty In on entity's economic {sources and claims not rtsuiring From finan cio! ptctormanct,uo YY objecrive: fo cncure thar the information (+ useful £ 10 Fhe WETS In Maring tconamil DEG/s Ons Ye BualtaHVG Characteristics OF Use ful Financia) information Fundamental @c (REFO) > consent or cubsrance ~ 1. Relevance Yu — if Knowledge oF CUCh Information would aFFecr Fhe a¢ cision o¢ evalvanon oe of int wee u + Con firmatory volug (Ftedback) — identiry events uo > Gorrtyt astumprtions + predictive Valve > historical info if Wed Gv @ bovis For fort caviy ~ 2. ( Folrh ful Represenron on) > financial “oPecr¥ CEproéent eeoaomIe: phendmena of ad = = Hane Octions in wigtds and numbers + gampiert g adtquart aisotocure | Ful awcroruré * mores ro Pr @ FINANGIO) Facts though ro IMFIUCACC the judgmear of informed users © neurral—> tete from bigs 7 PIMP OF palrnter Vv © Free from (marerial) error uo Enhancing 6G © (VOUT) 2 PreGntarle” or farm Oo 1. Gomporobility * 900) oF stneror PUrpove Finoncial vtorementy vd hings var °°» quatity of info thot tnabity wstry ro identi Fy similarities ond oa aiiee and different Pio ge nwt [ae differences bErween OF reat FO CEN OF tcoMOMIE LifGumstances CH aFftcens > Very objective oF Pay | oe * Consistency > apPiiCgrion of tht rame accounting policits from period to VU period Fo identity acrual vtmil aritiés ond differences IA performance and Financia) position mae 3 Kty $0 Comparability = © inttrcomporability Industry averages s Arend analyuly = > JOM inguerry ond cams, viot oO 4 mirocomporabitity + horizontal ( etriod 10 ptnod) Ge > vertical (within the vome peeled) Oo ratio onglysis i)Y = 2. yerifiability —7 infoymation con be replicated wing tht vame metavulcment =r merhods ang applying tht vamg proctys YL o virect - apetying Ftchniguty and methods to achieve FAC Yom revut i) © ingirtor 4 recarcuiotion using yerifia info Ww A thhoncty the repreeentational folthfulnéyy oF the into 9. TimGlinGs > avariavillty OF Information ro wet Carly taoWgh to be Wed for Yu tht tconomig dtcicioay Mhich tht info might in flucnce Hime yy Y > reiopinry dbpendy on tht quality f wit) continue in optrori¢n For the Fore steable Purure > accounting measurements where grees arc carried oF YS going once volute instead oF Nquidaton values RGporting Entity 7 not necesority @ [tgal entity u /Banticariie fo ceporred ia che SEP and Ws The elémenry of financial Srattments AOS THe provenr ability to dircce the we Y El¢ments RCIOting #0 Financial Povirion Sf Pht Quer and abrain tnt ECoMDmL DONE FITS Har Flom from tt IAceGt > prostnr cconomig rtyource controlled by the tntity as a révult oF uo ae Pact eal eT ney ne cOnOmIG benefin’ —> inflow of revources Y SFr aue 0a) need ta be certain * ttn Ukelys he @gnr only needs ro existsae] (HPHACBIINY na" 20 aseay op eegues embnerng ff abilry 10 avoid ft we) 9 (Liability present obligation of on entiry 40 franseee an tconomic récource as a ytuuit ef pavt events 7 Meares an evligating cent i] 7 nO pragtica) ability to avoid the obligation u Equity ‘vidual inrerevt in rhe oveCrs OF the cnriry aFrtr deducting au inv oO liabilities wv + Cldimy of equity pOrticipaor With the tnrity that do net mect the definition of lability ae 7 volt proprigrarhipy ® partngrshipr — capira) anaie WY A corporgtons — vharchoider’s equity sear ee ate reat bad orner treovury shares Yacoumviarea comprehendiye ingomé profi | (uses) Elgments Relating to Financia) Ferfocmance, vu current UEuFaTe AituuTeleon yohurementy o © Ingome — incrcaves In quven of decrtoyed in liqviliti¢y Fhad result in Increases in tquiry, other than those relating to contributlons From holdtes = . OF equity claims Odgitionas Invevimenty _ we revenuts — principal optronons uo = Qaing — Incidtntal | ptriphera! tranvactions VU ° /EXpensewy 7 decreases in asveré OF incetasey in liabilitiey That revit In DtCrEAUEY In EQUITY. OFhee phon HhOvG felating FO divfti bub ong = ro holden OF tguity claims withdrawals a > expenses = nacmor oorivitieg ve > lorees ~~ Y Rtsognition and vtrecegnition w AtCognition — procéys ef inGIUding in the Face Of tht FLAN ittm Phar mech’ Hh uo definition of a FS clement rteagnition op an s¢tm 3 Gatrying amount ~ Moncrary amounr in oot oraremeat reawirts the ctoogaitioa > links the elements OF finongral erorementy of pot came vem 9 angmer Srarement£ ang aveer ar ab ama any correiponding income wr cxpeasty (40 txwr Ot iF tne prowositiry ef (aflow or aurpion IF hG deatfit IS (OW vo YY Dertcognirion > th removal of ou ef parr oF o recogniatd asset or lability from Y wher an rem . No longer meee 0” EMUIV'E sraremenr of financial pavinon uv Ye definirson of an MAT NAD gyantitying ia moatrary $e reciny the element’ oF FF OO meosurgment « Hicroricol Gost > vOvEd on Q prict Of Fhe fronsaction oF event that gave rive (entry varue) +0 tng FS bitmenr Yu * AgeEL = Ocquisirion Gost + Honvagtion covt a CEXLepr if the over i¢ classified as for value through profit! lors) _ © Liability = Ooquisition col — transoction vost YL consumptitn, ul fluent, Y Poymens received, Ontrous, im pair meat, cera) OF inrerest Y Accrual of Intertyt ~ @ Amortized Cost > reflelry tvtimarcs of Future Cayh flowe, discounted aro Vv rate dercrmincd OF initial recognition oO CUNGnt VUE 7 meavuremcnt bavi that usey Information updartd to refieer uv Congitieny GF the meavuromen) dart th « alpinvolugl= pret aval Oe = are airegriy sing ae price oF YY (exit yawe) Hiab 1994 ggrlvt nore “> ptrepectivt oF morker particieaor uu 7 nor OFfCured by transaction costs re 2 valve In use and fulfilment vajug —% Inciugey thc present valve of Fransocton Yo cenit valvey Y ager Nipbrtiry Gite relating Fo ultimare gispdsa) or (aicounred value) uw Ful filiment © o Guerent cost —% asecr? cour of on equivalent osscr of the megsurtment dort Contry votive) + tronsaction cose Yu > liability: considtration thar would be rectlvtd — trancagtion Y corre 4 HUTOGa) Cost i rhe meavUToment va&iY marr Commonly yqopred In Preparing FvoO u ou presentation and bidclosure Focusing on Presenration ang olsctocurc objecrivey ~ 1 rgl¢vant and foithfuny roprescoted FY tlements — inter © ¢ompor ff mp org bility ne oO ClovsiFying Information oO o bored on Shorted characterivrl cs uo o OPfeGrting >» deducting on item From anotner Item of diff. Kind 10 arrive at ® ner amount Y > gtntrany nor appropriare becauve ir clascifies aistimilar - Ireme fogerer Vw A € gortgarion Vv 9 udding togerher of similar Fingncial srarcment elements that have chared o ChOragteristicy ond are Incivded in the samc clavsi fication uu 4 prevenicd in the Norer concepty of sapiral uw Financia! concept —» mainrenonce of nominal [nvgsrcd capital of the purcharing > power of Inveyted capiral ad Phycital concep! > operasing capability of the tnterprist uo concep OF Capito! moinrenance. = hor Worth mErhod oF measuring proit = Financial copitd! Mointtagnce Goncepr pnyvica! COpiral maintenance Concter ~~ Not ascete, beg FOXX Productive copocity. veg ex NCE Income XX Wer Income 8 contri burioay xx Consri burlons xx birrributlons xx pierei puty ong XX Ner Avetts, end P Xx Froaucrive Copaciry, tnd P xx =ovemmes PAS 1: Besentation 06 [5 Financiol srore ment (5) onjective » FM present ine vosis for tne presentation of the FF 10 ensure comp orobility OF an enterprise's FE With FS of other enterprise ond with FS of hE same tmerprist u 1) the requirement for presentation of FL = minimom u - overall 2) show the vitwordsnip of the monogement Yu 2 bosis of usthe for accision making 1) 10 opply tht st0ndord in applying the PERS (IFRS) u 2) sts oUt the recognition, measurement, clasvificaron, Ond prerentaron printipity in preporing ime FS 4 oppuits to convaliaared VY 3) structure of FS ond veparore FE (Pov 27) 4) bots nor apply ro Fs under PAS 34 (Int¢rim Fingn cio! RC porting) Y ana “A. Gtntrol purport Financia starcments (Financia! rorem ents) inrended 10 mect the need of sci ho ore act In tht positfOn ro require an eniity 10 bil petpore reports tailored to mec? their porticuior informorion needs wv Objective: to providg Informotion about the Financio) poritlon, performance Ond Gosh flows Of an thrtrprité Uv 5b. morcriglity ( morcriol) > When the ommissidn Or Commission (OF missrOtEment) of Info will OfFECt the FS Y OF O Whole (indiviouany or cout ctively) = thresnotd (jvdgment) ~ Cc. Offsttting “> deducting one Irem from another ittm of ifferént nature ang presenting only the ner dn the Fact of the Fe > gtnero ruie: nor alowed q. ASCE ang Liobiiries b. income and expenses ‘anil Exceptions: 1, Required by thé standard ¢ bd OX. PAF 19-R (Employer Btn fits) i long Ferm employee bene fint ADL: hi a: verlned Bewctit aoigorion (080) * NODIIIY y ycpg, (@ NeF Detned Vv b. Plon nee Yasser benefit nove ele ~ Net Otfintd tne fit Liability vu 2. Considered 10 be immareria) | Insignificant = barge on the judgment of the company ww — Needs to be dircloved3. Jame tronsaction &X. Equity Invesrinenrs at Fair Vow through Profit or Loss 2p st hie 120,000 10.000 loss of ] |? G130119 0,900 j solgain: 12 panfig 0,000 + 20-000 9 D. Profit or Loss 7 amount of ncr income ( before rox > excluding the compontnty Of OG! F. Other Comprehensive Income (06) chespuakea 7 ingms of Income and Gxpenses thar is nor reported In reported in Equity > ner of fox a. Revowation surplus > pas 16 (Property, Plont and Equipment) 7 PAS ID ( infongibie nsecrs) >. Unrealized gain or 1OCf- O61 (9OInv ond 1446s On remeasuring available - for~ J thonges in Fair vaiue 6016 Financia’ ossere) > FFAS @ (Financial instrumenrs) ¢ Equity MnvCsrmente oF Foir vowe through BCL OCbt Investments ar Fair Valve through oc! € Foreign exchange rranslotton gain! toss > PAS 21 (The EFFECTS OF Changes in Fortign Exchange Rarc) 1. ageet and Liabitics — closing rare ( 0ec 31) x. $1,000 ( unreurricred) Boronce per booK 54,000 AY pee a1 (55) 55,000 Cosh 1,000 coin 1,000 Forex ein 1000 2. Incdme ond Expenses > overage rort ( closing rorey every month ) 1 |] 20. 000 goin eee foto! income ~ txpenses C Profit or Lass, ond dirtctly @e¢« eece® « c c 4d. Re-measurément goln or Jorr oh DBO Cocrvorial) 7 PAS 19-R 1. DBO > due 10 changer in acryarial arsumprion 2, Plon Asvets —> difference of Ocr¥al rear Gnd return boyed On High Guality corporore bonds OX. ACIUO! Fase of return 11 (inrérerr in banks) High Guoliry Gorporart bonds 107 (eapecred income) > int. income vifference pata Vows of Plon arcers 1.000.000 Re meosuremenr goin 20, 000 ¢. EfGctIVE portion of nédging transaction uring Covh Flow Hedge > Phe 34 ( Financial Instruments: Recognition and measurement) F. (Tot01) Comprchensive Income > change in cqUity during a period rEeuIting Flom transactions and orher CVE, other shan those Changes rtéuiting from fran cocrions with onners m thelr capacity af owners > sum Of amounts in Profir ar Loss end OC! holders of Invtumenss closeifled ea or equity Geer ¢ c @ « 6. Philippine Financia) RGporting étandgras (PFRS) a. PFRS + PAS ©. Interpretations eee¢ C 0 errors + Reclassification ( adjustments) entries 7 amounts ceclassified ro Profit or Loss in the curtENr period thor were recegni2ed In OC! In the curttnt or previous periods 3 to Glowsity one ittm to another (Fr clementy) Adjusting entries 7 +0 updore me bovonces Correcting eniries 7 FO Correct the GlOWwiFiGarion, measurement, and valve of aocounty 2 With errors committed ‘Finonciat storements 97 > srrvciured represcnrarion of the Financia) position and Finangial c C eeee @GCCCECS EC CE ccc e¢ J. Storement of Carn Flows > ristorico: chonger in co “purport of FS performance of on enuiry > 10 provide information obour on éntity's a. assets Wo biunes equity income ond exptnses, ihcluding galas ond tosses Contributions from ang distributiony fo Owner in their copoelty as owners cash flows Gomponenis of FS (complete ver) 4. Stotemenr OF Financia! Position (0% 4F the tnd OF the period) > OF OF sptcitic dort | period > aytts. liobitittes, ong equity Inciodes #e cumuiarve (ending) boranct OF acy > Goonomig resources thor ah Enttrprice COnmols, It Flnoncio! FrruGrure, ite liquidity ono solvency ond sf copacity 10 adapr to changes im the eMvirenmenr in which iT operares 2, Storemenr of Comprehensive Income) vlorément OF Profit or LOcs (Income starcmenr) If 061 is present for 0 ptriod of Hime income, expenses. oct items (nt oF tax) first in rorms of préporanon aviliry 19 generate COrh and the potential changes mn economic reroUrcts thar the enterprice if likely $0 Gonttol in the future stl lt and covh equivorenes > activites OF Cash (Inflows Gnd outflows) > fora period of Hime > ability te remoin solvent and provide returns To invEstorS and creditors > dirces or indir¢ot metmod a. operating b. Investing ©. Financing 4, starcment of nonges in Equity > for optriod ef time > changes in oc! iréme > profit OF lols, Contributions ond distributions 5. NOFER 10 thE Financlol Startments > Compriving a summary of vignificont accounting > accompanying Info of Gi FS stem presented policies and oper txplanarory info > concurrent prt porationa. explonorion of evente/ tOnracHons b. oruré of me businest 6. erorement of compliance with PFAS d- AgcoUnting crondardy appli¢d @& recounting policits adopred £. Judgment ond turimares Used 4 storement Of Financioy Position ov at the beginning of the Carlityt Comp ororive peried result OF retrocpectve application ef the tnriry chonges Fo. Recounting tcrimare — prospective (current ond furwe) b. Accounting policy — retrospective (priar, current, ond furure) + sbjective ef cémporabitir ; ra in 0 conpicre Cerf Fr General Feorurgs « Fair peecentorion and compliance with Prt > requires roltnpus rcorectnrarion Ferisqarasiatigutdtincehtd D tXpliGit ong uneorerved eroremEnt of compliance in thE NOTES | Gr egy) connor rectify inappropriate occounsing poucier Cithcr by disclosure of the accounting pouicity used or by nore’ or caplonatory materiol * Going concern > unites the management intend to liquidate # ACCIUO! DOsie of accounting cecognizes items when Frey varivfU rhe definitions > ACEI for cash flow Information dad Fecognirion CrirtHia in the Framework * margriailty ond aggregarion 3 ling items ~ final stage in the proctyy of aggregation ond calcification © offectting o Frequency of reporsing > ong Ost gnnvorty D disclosure oF the (COS If TO WE 1Onggr oF shorter period rhe fOCt thor omounte prevented in she RF OrG nor Entirely comporoble # comporotive Informorion srorcmGnr oF Financial Position (9nd relox¢d mores) tnd of the current period ~ 0 OF the previous period = beginning oF te €orvtet compororive Period ( If the entity opplicy on o¢counting palicy Letrospectively) > recossificorion = norurt = omoyet ~ rtoson > Improcticaviliny of re classi fcotlon ~ reason = norure of oajuerments tnar woud nove pttn mage © Consirrency of prtstntoron eeeeee C BGeeeeeecee t ¢ @eeeec ¢ cIdenriticorion of she £5) ¢ € € € € Y YY yy @eé¢ eeecee gees c ¢ ® noming conv¢ntion ABC company —> name oF any other megny of identification Sroremeént of Finonciol Position AC OF Ofc 31,2019 > (OS Ors DEC 31. aorg) «PS are of individuar entiry or a group of entinite © precentarion currency (As 21) fron © Jevel OF rounding wed + aseet position WS fiopitiry equity > specific gare a. tiquidiry b. solvency ©. Financigl flexibility - HME capocity 10 adopr te changes in tht bviroamént in which iF Current 1 non- current aistiagrion VR StOEY 7 except when a presenroron vased on liquidity provides mnformonon thor Is mort revable and more rci¢vaar (x. fmonciol institutions) > net oveers y working cop!ta! long-term ope ronons > Expected dores of reaitation of arsers and verticment of lio bites © current assore 1. Cash and Covh Eguivalents —> PAST 2. EXPEGHE TO OG FECIIZEd /COUCCIED within the normal operoring cycle ~ trade eccivavice the time bEraeen FHE acquicition > prepaid txetnsty ot ossere for pracessing and tele ttalizanon in coc and cosh equivaitnrs 3. GPLCICA 10 bE realized | CONECICA within 12 months oftcr the reporting period > Gurrént porHon of Jong Ferm reccivables / non- current finoncia) assert cx. non-tOdG NOrty recy. on Jon 1, 2019, Ago Company. a merchandifing wuriness, received O P 100,000 and a 3ytor 21. noxty in exchange Of on old equipment £01. The nOre if 10 bE cONECICD In 3 Equal _annYal InsioMment every BEE Tan Te Gra7¥| ool UU atan diay avancestanereat effective [ea thit dore war at F'1.. ™ Cane inrerter efre crive mnrcresT = Face value= Falr vowe reetived (Or.) formed (6r. ° NIZEI; FOce value > Folr value (Present) > Discount Face voruc BXY unomortizeg oiscount (00, Amertized corr (cureen voruc) Px © NIYEL; FOce Voluc 4 Foir value (Prezeat) > Prcmivm Face vole Pxx Vnomortized preinium ee Ac ccv) PRXtrincipal | mnrertet 2019] 100,000 | 300,009x 97. |= 106,000 x 1.057! 100,952.38 2020] 100,000 | 200,009 x27.|* 104,000 x 1-057? 99,331.07 aot | 100,000 |ioo,o00x2%]= 10a.ooox 1.057? | 86,1. 44 293,394.89 263 345 Gan (51) care [trincipol] nx | EX [amart. | ev (Ac) ming 283,395 |» non-currtnt = 47.143 12131119 [100.000 | ¢. 600] 14.170] 0,70 | 1ansos / current: 44,422 12/31] %| 100, 000| 4.000] 4.576| 96578 | 91-149 + principal ~ omort. i2}31127 | 100, 000] 2. 000] 4.957] 2,657] 0 ev Ccurtnt) - © New CVs (MoviOUL CVA 14) — COsm received cv ( furure) 4. HCId For troding - Inventories = Financlo! nsscte at fair valve through Profis or toss > NCA helo For salt (rFRS 5) Non-currcnt AsSEIS > FOngiDiC, INTONgibIC, ang finoncialawers of 4 long-term = 1 oorure Ling items (quset) 4. Plont. property. ong equipment (PASG) (ne!) rangibic OssCTF wibich are bCId by an entity FOr use In production oF supply of gv0de and rervicey, for renzo) ro others, oF For OdministrOrive purposes, and are expected +0 bE used during ont period > non- current b. Investment property ( PAL 40) “SARE or fair value TV cost moaes Cy (Ost CACC -Dept Acc -104¢) > non- currenr G. Intongipig aseers (Pas 38) 3 (nGt) igentifioble nenmontrory Qsser without physical substance Gieve cost (nec. amorr. + acc. vers) 7 non- current 4. Finoncigs asset (PFRE 4) 3 debt and Equity Investments oF PalPNGIVEMHFOVGH prOrT orton current € imvestintnty acoounrGd For using tht €guity momod (PAS 20) > pon- current quiry tavestin +. Biological assess (pas 41) > non currcar 9. invenrones (pas 2) > current > covr or NCE Reai2abIe VOINE, whichever iv Jower NRV= EStimored Felling Price ~ (Est matcd corr rovcN + Esti marty cost +0 complere) = aifrerence > reporsed as toss eecceecce GeceoeeeeeGeeeeeee st €h. [tage ond other receivapies > trage ? current > otherc: 86Grueg Income, Current portion of 1ong term recy. (curent) > ARINR — customer i, COrh ond Cash Equivalents ( Pas 7) > current J. NOn-currenr Acret nelo gor Sale ( PRS 5) > current 4, oe rerred tax arcere “3 non-current current Liabilities Steere 1. Held for wading > bonds poyavie oF fair vaive through erefir or lous Wel if client 2. EXPCCred to bE sErtiEd in normal Operating cytie > accounts payavit > acorutd expenrt > income rax payable 3. EXPCCCD TO bE SETA within ja months OFtEr the reporting period 4. The entity dats nor nove on unconditional ri gnr 10 ge Fer tne certioment oF obiigorien for asleast 12 monIns OFT mE FEPSTHING period a, poyabit on demand b. brCocn of conrracr c extension ( grace period) - 12 months or sees > Guercat ~ more thon i2 monthy > nén- Current rtority > non- curvenr (x. NOS PoyavIe due In 4 montns, F100, 000 * Refinancing agreement / Rol ~ over rul¢: choll happen on o¢ before th (hd of the reporting period FOr oFleOcr 12 mondhe AFtEr the reporting Period —> non-currGnt © Discretion to refinance a. the enriry hav diferction ( for at Out 12 MONths) — nOn-cUrrent b+ the entity dots not have givCrction > current tx. Noter payabié due in JOn 31.2020, #200. o90 Refinancing agreement on Peg 31,2014: Tat procetds shall nor Exceed tO G01. OF Fhe fOir VOlue OF the Conartrat land (FY o¢ Of otc 31,2019, P24, G00) Notes Poyabit. P200.000 ~~ (240, 000 x 804.) = 192,000 = non: Gurread $.000 3 currter¢ wS ¢ ee < c @ ¢ (CH3+ Additional notes) ndamenrany Related © Wtoremear or compreneneive ineome 4 v v a, [storcment of thangty in Equiry) 4 Copitar | Partners’ tapisar) Retoined Foreings £Oth & Goth Equival tars i * difcercns meavuroment bases © diff tecnt Ievels OF Pur chosing poner © mengurement uncerrainrice © monary tfrici¢ney of ptrconn tl, erraregie 1ecarion, tniGrerise's Gontriburion 40 the dey't & dErErior orion oF Ine bavironmenr —¥ oh reported roe fmt noviones gov Hpwiavory agency cnorged wi suptrvivion of the COrPOraTt sector SEourl tes eeguiotion Cove (RA gTIA) > requiremser for the Cubmigei on oF on annupi report + FS eterifieé by an ind tptndtnr GPa A intemal cteord Keeniog SRG RUG GB Genbrar guidte to FL prop [SorGment OF Gach FONE) v Operating Coch Flow activirits Investing cosh Flow Gotivities Financing Goch Flom Gotiviticr any a Oo at! vorge medium Jmau micro Fort ascot £350 m _10om= 350m 4m: 100m 23m Tore) vi abitines < 150M 10m 250m 9M-100m 3h required to fue AP v x « x In the proCtyy Of filing their AE fOr the Purpoct of W¥¥ing any close oF v ¥ x x Inctruménts in 4 publig_marntr Holeers of veCondary icgase v x x x(cH4: A¢gitiong! mores) srartm tof Comprehensive “F o © Hivttion oF exoened @) morare or expencey ¥ = mtrchandiving , manufacturing = Gxptarty are ertecnted bastd on their Fores eeyenue 1 O¢¢ount names in the gtneval ievger = > Lone: Goee bo So1Ge RovGnUE xx rots Profit x Other operating income, oe vu Other Opt rating Income cay Toray income i tora! come ~ wise epteoring Bxwencee == (8) Ltses eptroting Expencee (x) Profir before tnt. ® Inc. rox xX Profit before Int. & Inc. 10x ax inrtrect Expense (xx) YY Inrertet exptnce (wo Income Berore ings Fox x froeit berore inc. rox x Income Tox exptnee (xx) oO Ingome Tox Expcnye * (0) Profit xX Prorit x uo © MEGrOKt EXPENSE /FinonGe Gost % Income TOX ExpEMrC —> required TO vo provenred ar a Ww = ting ire [EGrninge Per thOrg (PREIS) > emount ottridurooie 10 Gvery srdinory UROLeE OUNCTOnding bd during the ptried G er svbordinort 10 o11 Grher Glasves of £) ia Pregtnrorion £066 Of tho Income vrarément ( ¢Ontinving optrationc) Vv rtquistd fOr lorge ond for publicty oecounrable entirigg (yosie Epse (wi) Profit nitr(but oble 10 ordinoey Yhoroe —————_ Nor Profit — Mroividtnds > Weignred ave. OF eureionding Ordinary vhoree 4 Cumularive p> Wurecar yor dividend ie @ Y dtareninr ot coon newt one deducted, nbeiner oeciared = = — or nor ) bo Compontnt Of Ff dUmmarizing the operating, inverting $ Financing | x nencumulorive pr —> Ocrivities of on tosiry Curr tnt ye or drvidend ig yy Purpest : r¢ provide r¢iGvant info Obour Govh rooGiptt. ® Paymenre deducted. oniy if there Of an Gerity during @ pGriod inflows ouipiows 0 decloranton - = tacopr Fer cosh equivalent trang acrions ( purchores) TT TEL Y © [operoring neriviricsy 7 CASH FONE BErIVED Primarity From the methods: sl PrincipO! revenue producing agrvities 1) DirccrmethOd — ¢numcrorts the major OF the tonity GIOVSEY OF grout operating bar receipts * Working copirar & poumeons © NOrina! Optrotiony — bOCEO on InGomt VrarGmenr ag ounty profi or tess 3 Bin ACCOUpt bolanGe! in the CFP = toite Revenue (on account, iF viltn!) @. CONCGHON from CUtomery — COS SOIGE; GoNGorion L rebovery OF AR iw) &. Foymtnr to Cuppti¢re > Ivenrorite; AP = © Poyment to tmployees > wagty > solarits [wore 1 | vu d. POYment to gov't —> 10xeC © Ch. GL — Optroring | 6. rOymEnt 40 IGadEr — interest ° NGA Invevring Yu + WLs€ = cinoocing|eeeaeeee @ C eecee ce ee gece @< ¢ eee 2) Indietor method > reconcitiotion ef Profit ov ine (@) unveuting nGriViTICe before Income 12x 10 eperaring eOvh flOme ~ Non- cork optraring income . txpenace NCH Income before 10x Pax Nan- arn expences Dtoctciarien ExpGnecs (PPE) Xx Amortization expenses (18) x Bad dobre EXPENIG ot * nn groes @ working vopit0! Ameren vigceurt én 6onas xk Amort. on premium on Boads (4x) xx Non-Cash Income, Goin ensoie of tguipmcar Fx) vnreoti2ed goin- PRL (9) x Ingreage in ne ( gross) oo OGercave in tnrerect Recevobic, aX DGoreare in AP (a) Inereace ie So1orite Payable ou htt ¢Ocm used (provid) in eperaring activities Px ~ ta inverse - tL distor Events aFfer the Reporting Poriod- PAE 10 ¢ C Or (Subse quent tvente) > from acquisition & ditpovol oF 1ong- tern onsets S Otner Investmenre not logiuded in cavh Eq vival cor Procegdy from voit of Uquip- — PxX Purchoce OF partnt (0 Purcnase of FVTOG! (on) Sait of FuTost x Purchoce OF Iny-in AsFeGiore = Cx Net Coch Provided (ustd) in Cl Invtsting activin bux @ Hinoveing nctiviner” J From tquiry capita & borrowing | procetay from ifsuance of bonds F xx weOCksdr Feom iceUOnet CF SHOLEE x fraveeds Flom role of 16 wo Purchart of 1 (o) Acrivcmees oF bende (» Foymeat of wank loan (») cr Gach Provided (ULES) in Ti Financing Aerivinigs rx Net Ghongt in Gov rs 609. Coch bolance, Enging (ach Balonce CuGHte, whether favorable of unfavorable, thar occur berNCEA tht Eno OF the reporting period b the dare 9m which the FF are authorized For ivue Poriog covert by the Fs | Cuoccguént cvears yecl > adjusting eveane Provide evidence of congitiony that cxirt at rhe tod OF the rtporring period eho of tht roporting ogre of weut period oF tht FS L et Events aprer he RE