Annex A

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Summary of Uncorrected Misstatements

Reference Nature of Transaction Affected Account Amount (₱)

AAR 2020 Local Road Networks Infrastructure Assets - 26,803,078.49
Finding No. 1 were not provided with Road Networks
Depreciation.
Accumulated
Depreciation

Depreciation Expense

Government Equity

AAR 2020 Current portion of Loans Payable - current 2,777,777.84

Finding No. 3 Loans Payable account
were not presented in Loans Payable - non-
the Financial current
Statements.

AAR 2020 RPT Receivable 8,780,804.74

Finding No. 4 The Receivable on SET Receivable
Real Property Taxes
Deferred RPT
was not set up at the
Deferred SET
beginning of the year.
AAR 2020 Unexpired portion of Other Prepayments 135,600.00
Finding No. 7 Other Prepayments
account remained Other Maintenance and
outstanding. Operating Expenses

Government Equity

85