“T. Folowing-up, pis, eke DMS rel 2017-BB-0023465 REPUBLIC OF THE PHILIPPINES DEPARTMENT OF BUDGET AND MANAGEMENT GENERAL SOLANO STREET, SAN MIGUEL, MANILA, ACKNOWLEDGEMENT RECEIPT The DEPARTMENT OF BUDGET AND MANAGEMENT hereby acknowledges the receipt of your letter/request which has been uploaded to the DBM-Document Management System and routed to the appropriate office/s with the following information: Sender: DOH-EAMC . PERSONAL DELIVERY Document Title: DOH-EAMC-SUBMISSION THE REPORT OF FINANCIAL STATEMENTS FOR THE PERIOD ENDING DECEMBER 31, 2016 Document Reference No: 2017-88-0023465 Date and Time Uploaded: Wednesday, March 15, 2017 2:30:44 PM Uploaded By: RECEIVING Jayson Routed To: BMB-B Ely Femandez ce: Total no of pages 1 copy and 60 pages received: The determination of the completeness of the documentary requirements submitted, if any, is subject to the evaluation of the technical person in charge. This receipt is system generated and does not require signature. Received by: \ DOCUMENT MANAGEMENT SYSTEM niin » |REPUBLIC OF THE PHILIPPINES Department of Health EAST AVENUE MEDICAL CENTER East Avenue, Diliman, Quezon City 10 March 2017 HON. BENJAMIN DIOKNO Secretary Department of Budget and Management Malacafang, Manila Dear Sir: Respectfully submitting the Report on Financial Statements of East Avenue Medical Center for the period ending December 31, 2016. Included in our year end reports are the following: “1. Statement of Management's Responsibility for Financial Statements Pre-Closing Trial Balance Post-Closing Trial Balance Detailed Statement of Financial Position Detailed Statement of Financial Performance Statement of Changes in Net Assets/Equity Statement of Cash Flows Statement of Comparison of Budget and Actual Amount . Notes to Financial Statement 10. Aging of Payable Accounts; and 11. Aging of Receivable Accounts Cena w swe Thank you for your continuing support to our hospital. God Bless. Very truly yours, ROLAND L. CORPEZ, MD, FPCHA, MHA, CESO IV, CEO VI Medical Center Chiéf IIN=REPUBLIC OF THE PHILIPPINES Department of Health EAST AVENUE MEDICAL CENTER East Avenue, Diliman, Quezon City Philippines: 10 March 2017 HON. PAULYN JEAN B. ROSELLE-UBIAL, M.D. Secretary of Health DOH Compound, Manila Dear Ma’am: Respectfully submitting the Report on Financial Statements of East Avenue Medical Center for the period ending December 31, 2016. Included in our year end reports are the following: Statement of Management’s Responsibility for Financial Statements Pre-Closing Trial Balance Post-Closing Trial Balance Detailed Statement of Financial Position Detailed Statement of Financial Performance Statement of Changes in Net Assets/Equity Statement of Cash Flows Statement of Comparison of Budget and Actual Amount Notes to Financial Statement (0. Aging of Payable Accounts; and 1. Aging of Receivable Accounts rege esr ay aALyS ‘Thank you for your continuing support to our hospital. God Bless. Very truly yours, ROLAND L. CORTE; , FPCHA, MHA, CESO IV, CEO VI Medical Center Chief WN FINANCE SERVICE ACCOUNTING DIVISION RECEIVED / RETURNED By: estat Date/Time:__2°\_pm as UY Control No.:REPUBLIC OF THE PHILIPPINES Department of Health EAST AVENUE MEDICAL CENTER East Avenue, Diliman, Quezon City 10 March 2017 HON. MICHAEL AGUINALDO ‘Audit Chairman Commission on Audit Commonwealth, Quezon City Dear Sir: Respectfully submitting the Report on Financial Statements of East Avenue Medical Center for the period ending December 31, 2016. Included in our year end reports are the following: Statement of Management's Responsibility for Financial Statements Pre-Closing Trial Balance Post-Closing Trial Balance Detailed Statement of Financial Position Detailed Statement of Financial Performance Statement of Changes in Net Assets/Equity Statement of Cash Flows Statement of Comparison of Budget and Actual Amount .. Notes to Financial Statement 10. Aging of Payable Accounts; and 11. Aging of Receivable Accounts SPN AHR Ye Thank you for your continuing support to our hospital. God Bless. Very truly yours, ROLAND L. CORTEZ, Medical Center Chief ID/ FPCHA, MHA, CESO IV, CEO VIREPUBLIC OF THE PHILIPPINES Department of Health EAST AVENUE MEDICAL CENTER East Avenue, Diliman, Quezon City STATEMENT OF MANAGEMENT’S RESPONSIBILITY FOR FINANCIAL STATEMENTS The management of East Avenue Medical Center is responsible for all information and representations contained in the accompanying Statement of Financial Position as of December 31, 2016 and the related Statement of Financial Performance, Statement of Cash Flows, Statement of Comparison of Budget and Actual Amounts, Statement of Changes in Net Assets/Equity and the Notes to Financial Statements for the year then ended. The financial statements have been prepared in conformity with the Philippine Public Sector ‘Accounting Standards and generally accepted state accounting principles, and reflect amounts that are based on the best estimates and informed judgment of management with an appropriate consideration to materiality. In this regard, management maintains a system of accounting and reporting which provides for the necessary internal controls to ensure that transactions are properly authorized and recorded, assets are safeguarded against unauthorized use or disposition and liabilities are recognized. MARIETTA M. CRUZ, CPA Financial and Management Officer II ROLAND L. CORTEZ, MD, FPCHA, MHA, CESO IV, CEO VI Medical Center Chief II COMMISSION ON AUDIT RECEIVED FE 2 By,Republic ofthe Piippines Deparment of Hel EAST AVENUE MEDICAL CENTER East Avene, Dilimaa, Quezin City POST COSING TRIAL BALANCE ‘Asofecember 31,2016 Account Titles at Debit Credit Cash -Coleting Ofers 10101-01000 gs7 20937 Paty Cash Looio2eo © 2.s05¢8965 Cash in Bank-LoealCurteny Curent Aecoune Lormo20.16 —asasisaros Cesh-TeauryAgcncy Deposit, Tt 10144.030-00 600808275 ‘Cash-Madfed Disbursement Systm (MDS), Regular o1o4oseo0 ——107055,20325 ‘Accounts Receable 10201-01000 24147598923 ‘Doe hm National Goverment Agencies Lo3as01000 © 7876077s1 us fom Otber Funds 103.06.040-00| 61840173 Receivables Disllowance-Charges. hanasoieo0 2948470870 Due fom Ofer and Employees 43.0s.020.00| 10159992 Due fom NGOS os, 034503000 540050937 tte Receivables 1.03.45 990.00 | 110.0691 Merchandise lventory hovoriee2 2778793777 ‘Testboks ond Isirctonal Materials fer Distribution 9802.70.00 15759600 Office Supplies Inventory ova.010.00| 1.659,12696 Acountble Foes, Suckers and Paes Inventory 1-o8.0¢020.00 ‘5522422 NoneAccountble Forms Inventory 1-9408.030.00 s7a740.40 od Supplies Inventory To4o40s000 © sasgat7as Drugs & Modiins inventory 1-04.04050.00 26.993 81376 Modi, Dental Labortry Suppiesnvetory Louom09 ——okaaoant 6s ther Supe very otason.00 ——s6.883.20366 ‘SemiFxperéable Of Eguipmeat 1.04.95.020.00| *80763.60, Semicxpendable Commeications Eaupmeat 104.08.070-00| 18148200 Semi-xpendable Medcl Eqienent 1.04.95-100-00| 2035200 Sem-Expendble Other Machinery and Equipment 1-0445-190-00| 25601680 SeobEspendable Furia nd Fixes ouns.01000| 136205300 Land H4e01.01000 ——19.58,145 00 Other Land improvements 10s2990-00 343426338 ‘Accumulsied Depreciation Other Land Improvements 1.06-02-991-00| rararn022 Hospi & Healt Centers 10604-03600 263,861,69998 Accuulaed Depreciation Hostal abd Health Centers 46.04.0300 178641996 Coc Eaupment agas.02000 ass.za4,7021 Accumulated Depression. Offs Equipment 1.055.001-00| 750715076 Infomation and Commancaten Technoosy Equipment 1.0605-03060 1805,782.30 ‘Accumulated Deprcitionnforaton and Communication TeehlogyEaipmnent -06.05-031-00| 60305073 CComsmication Equipment 1-068:07000 348410000 Acumulted Depresiatin-Communicton Eaupment 1.06.05-071.00 700601 Media Euipnet .060s.11000 sa1p6483.5 Accum Deposition: Medi Equipment 106.05-11-00| sese17e183 Motor Vices 1-06.06010-00 _16423,080.00 ‘Accumulted Depreciation Mor Vehicles 1-06:0-011.00 sap25.792 Fumie and Fists Losoroia ——an600815:20 ‘Acumulted Depreciation Furniture ad Fires 0607-00-00, sormz0.08 Books 1-06.07-00-00| 61720849 Accumulated Deprcistion Books 1-067-421.00| 2i7gasa9 Other Proper, Plant and Eguipnene 1069895000 264477813, Accumulated Depreciation Other Pope, Pit and Equipe 1.0698.991-00, 15 007500.65 ‘Conseucon -n- Progres-dings and Other Stctres 150699.030.00 ,12202950 ‘Advances Specs Disbursing Ofer 1-99.91 -030-00| 185,60198 ‘Advances to Ofer and Employes 1.98.01.090-00| 2628059 ‘Advances to Contactors T9sa20100 © @a7m81543 Gureny Deposits ssos02690 31538307 Otter Ase 1999.90.00 aa068 36742 ‘Account Payable 2.01-01-910400 5743637351 Due to Otis & Employes 201-01420-00 24860248 Duet BIR 2020101000 seazariea Dee to Gsis 202.01.020.00 143482706 usta Pap 2.02-01.030-00 315309 ue oPitoath 24-01-8040 1,36565199 Due te NAS 2o-010s000 68,7686 Due to Goce: 202.01-060.00 sanisess2 Due to Cera Office 20301-01000 115065565, Page sofRepublic ofthe Piipines Deparunat of eth EAST AVENUE MEDICAL CENTER Fs Avenue, imam, Quizon City POST COSING TRIAL BALANCE ‘Avot December 31,2016 ‘Account ites bee Debit Credit Code Due to Operating Unis 2.03.01.040-00 waza Trt Lisi 2040101000 320735793 raramySeerity Deposits Payable 20601-04000 magn zs Castomers Depot Payable 2.0401-050.00 7523105 Otter Deere Cris 2.95.01-830.09 2179,6897 Other Uncamed Revenee 2os.2-99000 1080000 Othe Peyabes| 2.99.99.990.00 57508013.41 Accumulated SuplusDefct 3.01-01-.010.00 2183.935,20.26 GRAND TOTAL. 3.138.432,33072 Cerio Comet: ae es a ‘Account I ‘Accountant 1V JANDRO Page 2072Rez othe Pipes Depareat or Heat [EAST AVENUE MEDICAL CENTER, st Avenue, Dilan, Quezon Cy POST-CLOSING JOURNAL ENTRIES, ‘Ao Dacembr 31,2016 Account Particulars aa Debit Credit ‘Teese Nomina Accomm to Been ‘Seminar Fes 420.0100 487030000 RentLeas Income 02020800) 30435,7896 Hosp Fees 4m02-17.00 662,300,867. Interest on Naira Goverment Depts 420221001 45835010 Fes and Ponies Hons nee 4220223000 agora Ofer Busnes Insome 4o.02990.09 ‘8929781 Sti fom Nao! Govenent 4030101600 154750397087 Subs fom Ota Natonal Goermmeat Agesies sosorone0 —apaa6.as.3 Gran ad Donations sova2000-00 ast 82339 Maelteous nome m09990-00 ——4047 78830 Saris & Wage Regula sora10i001, sis7s2sa.87 ‘sonnel Eeonomie Kel Allowance (PERA) Sormaiooi 3752537583 Represetation Avance (RA) 01-02.20.00 yrosri3 “Transporation Alywanes (TA) 01.02030-01 asa Cadngtinorm Allowance 501.0204001 azmo0.00 Subsisense Allowance 5.002050 | 950,795.45 Lundy Allowance 501-02.060-04 2erio03.s7 ‘Prodotvity nceive Alowance So1a20m01 25,000.00, Heworaria 5.01-02-10004| ayes Hazard Pay 50142-11005 9375180387 Longe Pay 0142-12-04 249505919 Year En Bonus so1.an-1a001 50851223 ah it .0102.150.01 7192650000 Otter Boruses nt Atowances 3.01402.90-09 4790312500 Perfrmanes Based Bonin SoLansoae 43027300000 Reimer and Lit insrnce Premiums solsnonnon 1099288 PAGHBIG Conrbaons solasannon 119830000 PHILHEALTH Contibtions 501.03-00-00 554592800 Employees Competes Insurance Pronims so10.00-01 1136800000 “ermiral Leave Benefits so1ouox0-1 anassana77 Other Penonnl Benefits S01 9155099 1735676460 “Traveling pense oe 0201-00-00 0303.37 “Traelng Expenses Frcign s291-020-00 150000 “Trining Eapens sono2a10%0 aeons Office Suis Enpemes 5.02.05-0100 | 9,70835273, Accautabe Form Expess 02203-0200 1496000 ‘Nar-Aecountbl Fors Expenses Saa030.00 43546.00 Food Supplies Expense Sazasosn.a0 ra7aeai8s rus & Medicines Expenses 5.02.03.0700 | 1644635720 “Mel, Dent Labora Supplies Expenses 4243-08-00 17165535910 Fc Of and Lubec Expenses sar03.090.0 37238688 ‘Teatooks and INSTRUCTIONAL MATERIALS EXPENSES ‘.203.11000| ‘irasoo0 ‘Semitxpendable Machinery and Eouipnen Expenses 5243-2100 ‘suo0000, SemExpendable Machine and Equipment Expenes-Ofce Equipent 50203210-02 23052308 Semi-xpendabie Machine and Equipment Expenses-noration ah Commaicaons Tech $0203 210.03 1479800 Semi-Ependobe Machinery and Eument Expenses Commanictns Equjaent, 5.0205.21007| 3.70000 ‘Sea-Espondable Machinery and Equfyrent Expenses Media Equipment 5424321010 205291820 ‘SersEspenabi Machine and Equpment Expense-Oter Machinery and Equipment 3.020821009 2612200 Sun Expendable Furniture, Fires an Rooks Expenser, sou0322020 13240000 ‘Semisapendabie Faire, Fores abd Hoots Expos -Fumit and Fives sazas.2001 15,0000 Ofte uppies and Mater Expenses $-02203.90-00| 790757794 Ware Expenses Sorov010.00 1393037313 ticity Expenses sani0na.in ssesass.a2 Postage ant Detneres s0n95.010-0 1031635, “Tekhone ExpenseeLad Lise 42.05.0201 573998 “Tepone Expense Mabie 507205000-02 ssness23 Inert Subserpion Epes $0295.030-0 song73 65 Coble Satelite, Telegraph nt Radio Expenses ‘02.05.0400 | 1.200000 Audhing Services 02-11-0200 1549201 ‘Consltoey Services 542-1-30-0| 512545 the Profesional Series San195000 23571420 EnvionmenalSaniy Servos s02120100 30378266 Dano Series 402-120200 ansi5as1a7 Page 9f2Republi of he Philipines ‘eparneat of est [EAST AVENUE MEDICAL CENTER st Avenue Dilan, Quezen ity POST-CLOSING JOURNAL ENTRIES ‘Aco Ducer 31,2016 Particulars ‘Account Debit Cree Code Scotty Serves San-n36-00 2400299. ter General Services ‘07-12-9900 | 672554850 Repair and Maintenance Machinery and Equipe ‘02-15-0500 | 721988108 Repairs de Maitenane- Mor Vehicles 5021-06001 236.2856, ‘Repairs anf Mainenanc-Ser Expendable Furie, Fires and Books $01.13.22000 2550000 Repairs Maintenance Other Proper, Plt and gunn 302.13.00099, 2550.00 “anes, Duties & Lees, 542-15 0100 9770000, lity Bond Premiums 542-15020-00 s7aze7s0 Insurance Expres ‘soisa3040 s.ena718a5 Labor and Wages ‘S.2-1601040 s3306830.25 Advising Expenses 0299-0100 anasza0 Transporation snd Delivery Expenses $50299.080-00| ‘000.00 Rentease Expenses 5.299.050.0 aass7 007.00 ‘Membership, Dues and Conibaton to Orzo 502-9-060.00| 1550000 Subsrgcan Expenses 50299-0900 saazaco te Mieenance& Opering Expenses 5.799.090) s73aasac2 (Cost of Stes .0t.07-01000| swrasaae7a7 Depreistion.Land Improvements 05.01.0200 25857867 Depreciation ling and Other Secures 59801-01003 518172798 Depeecition Machinery and Equipment 5.05.01.050-00 50552078 Deprecition-motr while 5.05.01-06091 90720.8 Depreciation Furie, Fs and Books '.05.0-070.0| 20052467 Depreciation Oter Popes, Put tad Equipment 59501.990.99 7asa.3.46 Income an Expense Samay 391-010-00 sousss.a7ase Tnzae and Expense Sunny Sasoioieco —smao4sr4se ‘Accumalaed Supes(Defii) 301.01-010-00 smr396n4sa Accumulied Suple(Dei) sovoi01.0 348051636 (Cash-Teasay/Agueey Depot, Regular orotateco 48351636 Prepared ened Cort by ANNANG: Jon James BYREIANDRO couhus ‘ecm 1V 02012Republic ofthe Pilppines Deparment of Heath EAST AVENUE MEDICAL CENTER East Avenue, Diliman, Quezon City TRIAL BALANCE, As ot December 31, 2016 Account Titles aes Debit Creait Code (Cash - Collecting Omices| O1-0-910.00 697,200.17 Paty Cash 1-01-01-020.00 2,509,699.65 : Cash in ark - Local Cueney,Curent Accoun 1010202016 258/535,04705 Cash-Tresun/Agency Deposit, Regular 1-01-64010.00 348351636 : CasTresury/Azeney Depsit. rast 1-01-0483000 60,308,082. : CashMadifi Disbursement Systm (MDS), Regular -ol-ota40.00 ——107,055,10325, : Accounts Receivable 1.03.01-01000 —241475,99.29, Du fom Nations! Govemment Agencies 1.03.0301000 78760761 Du rom Othe Funds 1-03.04-040-00 1840173 Receivables Disullowance-Charges Lasasoie00 ——20484,70470 : Due rom Officers and Employees 1-03.08.020-00 10,589.92 a Due fom NGOPoe 1-03405-030-00 _seons2a.97 E thor Recsveles| 1-0305-990400 120,105 91 Merchandise Inventory howor-oiog2 27,787 997.77 “exthooks an Insrutonal Mater fr Distribution 1-04-02070.00 167,696.00 : Otce Supplies Inventory 1-94-04-010.00 11659,12695 E ‘Accountable Fors, Sticker and Petes Inventory 1-04.04-020-0 155,328.22 [Non-Aceounable Forms Inventory 1-96.0.030-00 678.70940 : Food Supplies Inventory 1.04-04050.00 599,217.93 : Drugs Mdicines ventory T.04-04-060.00 26,999,812.76 = ‘Medical, Dental de Laboatry Supplies Inventory [-04-04070.00 964403921.68, - ther Supplies investory 1040499000 16,883,203.56 - Semi-Expendable ie Equipment 1.08.05.020.00 990,703.00 : ‘SemisExpendable Communtestons Equipment 1.08.08.070.00 191,482.00 ‘Semi-Expendable Medial Equipment 1-04-05-100-00 20382.00 Semi-Expendable Ouer Machin and Equipment 104-05-190:00 25601689 - SemisExpendabe Furniture and Fates -ot.06-010.00 1,362,453.0 : land 10601-91000 10,259,145.00 : ter Land improvements 1.06-02.990-00 9134263.34 : ‘Accumulated Depreciation -Other Land Improvements 1-06-02991-00 3 sa7an022 spas & Heats Centers |-o6-04-030.00 283,801,69898 : ‘Accumulated Depreciation Hospital and Heain Centers 137,186 819.96 tice Equipment 15573177921 2 Accurate Depreiation- OMe Equipment = 37.607,5076 Information and Communication Technology Equipment 18,105,782.10| Accumulated Depreciaton-Infrmation and Corsmunication Technology Equiprent 9603,05073 Communication Equipment 3.444 100.00 : Accumulated Depreciaon-Cemmancation Equiprent zi s7ose6.91 Medial Eauipment 1-06-05-110.00 _931,064883.15 Accumulated Depreciaton-Missl Equipment 1-05.0-111-00 sa9so17e183 Motor Vices 1060501000 a6 321,090.00 - Accumulated Depreciaton-Mator Vehicles 1-06-06.011-00 saaseer92 Fumiture and Fixtures 1.06.07010-00 19460041520 5 Accumulated Depreition-Furiture and Fisures 607-011.00 a 3089.20.48 Pooks 1-9607-020-00 617,208.49 - Accumulated Deprciaton-Books 1-06.07-021-00 2u7sx889 Other Proper Plan nd Equipment 1069899000 2g344,775.3 z Accumulated Depreciation-Other Property, Plant snd Equipment 15.98931.00| a 1500792865 (Construction -n- Progess-Buldings and Other Strotutes 1-96-99.030.00 $86122,00950 : ‘Advances to Spocal Disbursing Oficer 1-99.01-030-00 "85,591.98 : ‘Adhanes to Offices and Empyees 1-39-01-90-00 2625059 E ‘Advanees Contractors 198.0201009 —_62,8704818.49 Garay Deposits 1.99.03.02000 35,8307 Other Asa 1-99-9.990.00_20,069,367.42 - ‘Accounts Payable 201-01-010.00 15743637351 Duc to Oncers& Eimpayees 2-01.01-020-00 5248640148 Duoto BIR 2.02.01-010.00 : seza7s 64 Duo0 GIS 2.2-01-020-00 3 11343,12706 na Cosng Page LotsRepublic ofthe Philippines Depuriment of Health EAST AVENUE MEDICAL CENTER ast Avenue Diliman, Quezon Ciy TRIAL BALANCE As of December 31,2016 Account ‘Accouat Titles ae Debit Credit Duo PagIG 20201-03000 5 283,153.09 Due o Philbelt 24201-040.00 1,365,65199 Due to NGAS| 2.02-01.080-00 858.7655, Due 19 GOCCs 2.02.01-060-00 1.881 569.92 Due 1 Cental Office 2.03-01-01000 : 11506,595.68 ue Operating Units 243.01.040-00 < w7a3ain1 Tras Liabilities 2.04.01-010-00 3202357793 Gumranty/Sceurity Deposits Payable 2.04.01-01009 3 2249727885 Customers Deposit Payable 2-04-01-05000 E 575.2315, Otter Deferred Cres 208.01.950.00 : 2u779.4cas7 tier Unewned Revenue 208.02.990.00 10300.00 Other Payades 2.99.99-990.0 F s7sogo1343 ‘Accumulated SurpuDefeit 30r01-01000, = asesionoa62.08 SemineTraning Fees 40202.040.00 4,87030.00, ReavLesse Income 402.02.050.00 10,35,70396 Hospital Foes 402.02-170.00 : 652,309,867.74 Interest on National Governmot Deposits 440240221001 yi 1463.358.10 Fines and Penlicr-usines Income 02.02230-00 70772781, Other Business income 402.02-990.00 u 69.2578, Subsidy fror Nationa Government, 403.01-010.00 = 438750397087 Subsidy from Other National Government Apencies 403.01-02000 : 1,486 45.13, Grants and Donations os.02.000-00 ¢ 1161152319 Misesluncous income +406.09.990.00 ‘407,783.30 Salaries e Wages Regular SOLOL01001 —515,752,38987 5 Personnel Economie Rei Allowance (PERA) soveroioo1 3750537583 : Represnition Allowance (RA) s01-02020.00 ‘707143 ; ‘Transporation Allowance (TA) 50102-03001 29257143 ClohisgUnifem Allowance 5.01-02.040.01 '3,200,200.09 : Subssence Allowance S01-02050.03 19,580795.45 7 Laundry Allowance 501-02.060-04 2671,08367 i Productivity Incentive Allowance ‘$0102-080.01 25,000.00 - Hosraria s0102-10004 a76s2 Haars Pay SoLorI003 93,761,037 : Longeviy Pay S012 I2008 ——21.495,053.19 : Yearnd Bonus 50102-14001 aso0g.sLL.2t : Cash Git S.0102-15001 7,926,500. (ter Bonuses and Atowenoss 01-02-9000 _47,803,125.00, : Pesfomance Based Bons - Civilian 501-02990414 —_19,973/000.00 Retirement tn Life Insurance Prenims 5.0103.01000 — 6138,19288, PAGIBIG Contibutions 5.01-03-020400 1,983,800 PHILHEALTH Contnbatons S.0-03.030-00 549,928.00 : “Employees Compensation Inurance Premiums $401-63.060-01 2,969,000.00 : Teminal Leave Benes 501-0403001 —37,165473.77 Other Personnel Benefits S01-0438099 17356 764.60 ‘Traveling Expense-Laca 0201-01000, "010837 ‘ “Travling Expenses Focign 502.01.020-00 1,500.00, : Training Expenses 522.02010-00 274137306 Office Supplies Expenses 5.02.03-010-00 770335273 Accountable Forms Expenses s.02-03.000.00 14,960.00 ‘Non-Accountale Forms Expenses 5.02.03.030-00 83,946.00 - Food Supplies Expenses 502-03050.00 28,744418.95 2 Drugs & Medicines Expenses 5020307060 16486,15720, Medial, Dental & Laborater Supplies Expenses Sorosowoco 371465635949 ue, il and Labricans Expenses .07-03.090-00, 372,386.89 : Textbooks and INSTRUCTIONAL MATERIALS EXPENSES, .02.03-110-00 417350.00 : Semi-Expendable Machinery ae Equipment Expenses 5020321000 81,000.00 ‘Semi-Expendabe Machinery end Equipment Expenst-OWfce Equipment sor0s2i0.02 23032308 ‘Semitxpendable Machinery and Equipment Expenses-infomation and Communications Techn $.2-08-210.03 14,798.00 : Ft ling Page 20f3Republic oF the Philipines Department of Heskth EAST AVENUE MEDICAL CENTER East Avenue, Diliman, Quezon City TRIAL BALANCE steer 06 Account Tes we Cre Sen: pb Mtn nd ine ipene-Conminision Guimen ~~ saaanaiom ~~ aamow Sep Mine an Ee Sens Maa Eau Sibosaio) — aazanaae : Sen-Egenl Matte nd men Exper Oner Mtn ndEqupment — Sinanatgay eee Sep tr tod Boss Ee soap aot Seip amar xed Bs ape Pumtuan istane Stormer ——_“isoman i (er Sips ond Ma perc Session aaeranen : Wrap Sinocowm —asnazaas : erin spre sirocony — easassae ! Pens an Dees Smoscioo, —anauaae "elepneExpeserand Lie Sibosemo! —aaaasas Teor pe ate Sinosomor ——xeanas : Inna Sn pss Smosimoa sores, : Cate, Swit Tepe Rai Exes So.osoo0 20000000 ; ‘hg ee Saitama “enor enh Sis Siriromo ——aeaaeas : Cer oa Sie Saisin00—_aepanan : Enromenaanay Sais Strom. saaranes : Sta Sve Stzizomon — sgsuerst Seige Stzizosnon masses : Cer Ge sess Stain“ eazesuat ; psn Mao Mh and Eup Saainosom —Saisansos i fepas& Manon: Mer Voie Sizisoao ——"Heaaase : Reps an Manne Spend ona Stzisamo ——“asainon jis Nate Oe opty Pat nd Expt Soin sane i Thee bite Lewes Sizisoien ——“ér7ecan : Fist Dr Pets Staion sraaeran ts pen Stisomoo ease F (Sora Wee Stmigoio) ——agsmeenzs : tering pee siossoino) —“areesaan : Traperton navy pens smspowe ——“tteroen Rene ope Saspeseo —aassoaren Mente Doers Coss pions Smssone — estneo Step ees Simseono) ——_seaanen : Cher Vier Opting apres Si0939%00) —_saacasaty : Cons Sotoner0% —seriaerar Dei Lad govt Stsoiame —aeeraer Deen ig nd ier Sates Stsoromes —saatazran i pet chy an Een Sisoromo —— seomssenre ; Dept nt ioe Sesaiamoo! —"teonansa8 i Dept ui ead es Stso.ameo —— Lamsater i Depron Or Proper, Plan men SUsorson9 _daansas : RAND TOTAL 0 300n2s Pepa cent pti vara fd) v. Aswan sor sates (LIANDRO ed sco Fel cing Page 30F 3Republic of the Philippines Department of Health EAST AVENUE MEDICAL CENTER East Avenue , Diliman, Quezon City STATEMENT OF FINANCIAL POSITION ALL FUNDS AS OF DECEMBER 31, 2016 Note 2016 2015 ASSETS Current Assets Cash and Cash Equivalents Si 437,085,151.87 284,161,671.41 Receivables 6 275,976,900.13, 228,330,247.68 Inventories 7 183,271,799.07 202,225,029.88 Other Current Assets 8 66,797,941.13 142,077,199.41 ‘Total Current Assets 963,131,792.20 856,794,148.38 ‘Non-Current Assets Property, Plant and Equipment 9 1,619,260,883.21 1,038,208,256.23 Total Non-Current Assets 1,619,260,883.21 1,038,208,256.23 Total Assets 2,582,392,675.41 _1,895,002,404.61 LIABILITIES Current Liabilities 10 209,922,774.99 161,247,714.99 Inter-Agency Payables ul 52,454,742.16 26,115,322.99 Intra-Agency Payables 12 1,684,976.79 1,647,433.15 Trust Liabilities 13 55,096,082.83 38,328,066.88 Deferred Credits/Unearned Income 14 21,790,264.97 24,389,458.07 Other Payables 15 57,508,013.41 5,734,009.77 Total Current Lial 398,456,855.15, 257,462,005.85 Total Liabilities 398,456,855.15 257,462,005.85 Total Assets less Total Liabilities 2,183,935,820.26___1,637,540,398.76 NET ASSETS/EQUITY Accumulated Surplus/(Deficit) 16 2,183,935,820.26___1,637,540,398.76 Total Net Assets/Equity 2,183,935,82 1,637,540,398.76 ‘See accompanying Notes to Financial StatementsRepublic of the Philippines Department of Health EAST AVENUE MEDICAL CENTER East Avenue , Diliman, Quezon City DETAILED STATEMENT OF FINANCIAL POSITION ALL FUNDS: AS OF DECEMBER 31, 2016 2016 2015 ASSETS Current Assets Cash and Cash Equivalents 437,085,151.87 284,161,671.41 Cash on Hand 11,206,908.82 5,285,953.62 Cash - Collecting Officers 8,697,209.17 2,740,520.02 Petty Cash 2,509,699.65 2,545,433.60 Cash in Bank-Local Currency 258,515,047.05 163,860,422.33 Cash in Bank - Local Currency,Current Account 258,515,047.05 163,860,422.33 Treasury/Ageney Cash Accounts 167,363,196.00 115,015,295.46 Cash-Treasury/Agency Deposit, Trust 60,308,092.75 104,457, 763.18 Cash-Modified Disbursement System (MDS), Regular 107,055,103.25 10,551,682.28 ‘Cash-Modified Disbursement System (MDS), Trust - 5,850.00 Receivables 275,976,900.13 228,330,247.68 Loans and Receivable Accounts 241,475,989.29 202,475,920.11 Accounts Receivable 241,475,989.29 202.475,920.11 Net Value- Accounts Receivable 202,475,920.11, Inter-Agency Receivables 8,494,479.34 7,527,217.85 Due from National Goverment Agencies 7,876,077.61 6,908,816.12 Due from Other Funds 618,401.73 618,401.73 Other Receivables 18,327,109.72 Receivables-Disallowance-Charges 12,778,795.73, Due from Officers and Employees 10,689.92 13,985.37 Due from NGOs/Pos 5,400,929.97 5,400,929.97 Other Receivables 110,106.91 133,398.65 Inventories 183,271,799. 202,225,029.88 Inventory Held for Sale 27,787,991.71 11,293,543.33, Merchandise Inventory 27,787,997.77 11,293,543.33, Page 1 of 5Republic ofthe Phitippines Department of Health EAST AVENUE MEDICAL CENTER East Avenue , Diliman, Quezon City DETAILED STATEMENT OF FINANCIAL POSITION ALL FUNDS AS OF DECEMBER 31, 2016 2016 2018 Inventory Held for Distribution ‘Textbooks and Instructional Materials for Distribution 167,696.00 Inventory Held for Consumption 153,004,457.61 Office Supplies Inventory 1,659,126.96 x Accountable Forms, Stickers and Plates Inventory 455,324.22 395,966.80 ‘Non-Accountable Forms Inventory 678,749.40 771,285.40 Food Supplies Inventory 5,893,317.93, 5,891,470.53 Drugs & Medicines Inventory 28,993,813.76 81,919,648.64 Medical, Dental & Laboratory Supplies Inventory 98,440,921.68 87,601,562.80 Other Supplies Inventory 16,883,203.66 11,968,486.31 ‘Semi-Expendable Machinery and Equipment 949,194.69 : Semi-Expendable Office Equipment 480,743.80 Semi-Expendable Communications Equipment 191,482.00 Semi-Expendable Medical Equipment 20,952.00 Semi-Expendable Other Machinery and Equipment 256,016.89 Semi-Expendable Furniture, Fixtures and Books 1,362,453.00, : ‘Semi-Expendable Fumiture and Fixtures 1,362,453.00 Other Current Assets 66,797,941.13 142,077,199.41 ‘Advances 511,942.57 938,123.26 Advances to Special Disbursing Officer 485,691.98 946,735.11 Advances to Officers and Employees 26,250.59 (8,611.85) Prepayments 62,870,815.49 46,160,445.93 Advances to Contractors 62,870,815.49 46,160,445.93 Deposits 3,415,183.07 94,978,630.22 Deposits on Letter of Credits = 94,642,857.15 Guaranty Deposits 3,415,183.07 335,773.07 ‘Total Current Assets 963,131,792.20 856,794 148.38 Page 2 ofSRepublic of the Philippines Department of Health EAST AVENUE MEDICAL CENTER East Avenue , Diliman, Quezon City DETAILED STATEMENT OF FINANCIAL POSITION ALL FUNDS. AS OF DECEMBER 31, 2016 2016 2015 Non-Current Assets Property, Plant and Equipment 1,619,260,883.21 1,038,208,256.23 Land 10,259,145.00 10,259,145.00 Land 10,259,145.00 10,259,145.00 Land Improvements 1,655,543.12 1,914,119.79 Other Land Improvements 3,134,263.34 3,134,263.34 Accumulated Depreciation -Other Land Improvements 1,478,720.22) 1,220,143.55) Net Value 1,655,543.12 1,914,119.79 Buildings and Other Structures 146,705,280.02 59,716,781.52 Hospitals & Health Centers 283,891,699.98 191,721,473.50 Accumulated Depreciation -Hospitals and Health Centers (137,186,419.96) __(132,004,691.98) Net Value 146,705, 280.02 59,716,781.52 Machinery and Equipment 820,973,874.23 344,109,138.39 Office Equipment 255,731,779.21 47,011,243.14 Accumulated Depreciation- Office Equipment (37,607,150.76) (62,444,284.20) Net Value 218,124,628.45 14,566,958.94 Information and Communication Technology Equipment 18,105,782.10 13,375,450.09 Accumulated Depreciation-Information and Communication Technology Equipment (9,603,050.73) (8,634,535.26) Net Value 8,502,731.37 4,740,914.83 ‘Communication Equipment 3.444,100.00 1,460,239.00 Accumulated Depreciation-Communication Equipment (1,570,686.91) (3,462,945.97) Net Value 1,873,413.09 (2,002,706.97) Medical Equipment 931,064,883.15 596,372,335.83 Accumulated Depreciation-Medical Equipment (338,591,781.83) __(269,568,364.24) Net Value 592,473,101.32 326,803,971.59 ‘Transportation Equipment 4,394,442.08 5,352,271.26 Motor Vehicles 16,121,090.00 12,171,090.00 Accumulated Depreciation-Motor Vehicles 11,726,647.92) (6,818,818.74) Net Value 4,394,442.08 5,352,271.26 Page 3 of 5Republic of the Philippines Department of Health EAST AVENUE MEDICAL CENTER East Avenue , Diliman, Quezon City DETAILED STATEMENT OF FINANCIAL POSITION ALL FUNDS: AS OF DECEMBER 31, 2016 2016 2015 Furniture, Fixtures and Books 15,950,355.36 8,399,693.54 Furniture and Fixtures 18,600,415.20 15,583,464.50 Accumulated Depreciation-Furniture and Fixtures (3,049,629.44) (7.413,828.62) Net Value 15,550,785.76 8,169,635.88 Books 617,208.49 508,438.14 Accumulated Depreciation-Books (217,638.89) (278,380.48) Net Value 399,569.60 230,057.66 Other Property, Plant and Equipment 13,136,846.48 6,507.74 Other Property, Plant and Equipment 28,144,775.13 22,182,381.43 Accumulated Depreciation-Other Property, Plant and Equipment 15,007,928.65) (7.887,486.93) Net Value 13,136,846.48 14,294,894.50 Other Property, Plant and Equipment- Unclassified : 180,681,613.24 Net Value 180,681,613.24 Construction in Progress 586,122,029.50 412,180,845.58 Construction -In- Progress-Buildings and Other Structures 586,122,029.50 412, 180,845.58 Other Assets 20,063,367.42 1,299,753.41 Other Assets 20,063,367.42, 1,299,753.41 Net Value 20,063,367.42 1,299,753.41 Total Non-Current Assets 1,619,260,883.21_ __1,038,208,256.23 TOTAL ASSETS 2,582,392,675.41_ __1,895,002,404.61 LIABILITIES Current Liabilities Financial Liabil 209,922,774.99 161,247,714.99 Payables 209,922,774.99 161,247,714.99 ‘Accounts Payable 157,436,373.51 98,487,378.62 Due to Officers & Employees 52,486,401.48 62,760,336.37 Page 4 of §Republic of the Philippines Department of Health EAST AVENUE MEDICAL CENTER East Avenue , Diliman, Quezon City DETAILED STATEMENT OF FINANCIAL POSITION ALL FUNDS. AS OF DECEMBER 31, 2016 Inter-Agency Payables Due to BIR Due to GSIS Due to Pag-IBIG Due to Philhealth Due to NGAs Due to GOCCs Intra-Ageney Payables Due to Central Office Due to Operating Units ‘Trust Liabi ‘Trust Liabilities Guaranty/Security Deposits Payable Customer's Deposit Payable Other Payables Other Payables Deferred Credits/Unearned Income Other Deferred Credits Other Uneared Revenue Total Current Liabilities Total Liabilities ‘Total Assets less Total Liabilities Net Assets/Equity Equity Government Equity Accumulated Surplus/Deficit Total Net Assets/Equity 2016 2015 52,454,742.16 26,115,322.99 36,112,471.64 21,753,818.90 11,343,127.06 868,834.18 883,153.09 108,892.59 1,365,651.99 527,465.23 868,768.46 958,768.46 1,881,569,92 1,897,543.63 1,684,976.79. 1,647,433.15 1,506,595.68 1,469,052.04 178,381.11 178,381.11 55,096,082.83, 38,328,066.88 32,023,577.93 14,328,390.61 22,497,273.45 23,424,444.82 575,231.45 575,231.45 57,508,013.41 5,734,009.77 '57,508,013.41 '5,734,009.77 21,790,264.97 24,389,458.07 21,779,464.97 24,389,458.07 10,800.00 398,456,855.15 257,462,005.85, 398,456,855.15 257,462,005.85 2,183,935,820.26 1,637,540,398.76 2,183,935,820.26 2,183,935,820.26 183,935,820.26 1,637,540,398.76 Page 5 of 5Republic of the Philippines Department of Health EAST AVENUE MEDICAL CENTER East Avenue , Diliman, Quezon City STATEMENT OF FINANCIAL PERFORMANCE ALL FUNDS FOR THE YEAR ENDED DECEMBER 31, 2016 Revenue Service and Business Income Shares, Grants and Donations Total Revenue Less: Current Operating Expenses Personnel Services Maintenance and Other Operating Expenses Financial Expenses Non-Cash Expenses ‘Total Current Operating Expenses Surplus/(Deficit) from Current Operations Assistance/Subsidy for the period Note 17 7d 172 18 18.1 18.2 18.3 2016 533,81 1,629.65 11,611,523.19 545,423,152.84 956,161,446.67 540,357,950.59 104,495,396.74 1,601,014,794.00 —11.055,591,641.16) 1,557,990,115.70 502,398,474. 54 2015 612,220,899.08 58,508,313.33 670,729.212.41 883,755,132.90 534,848,610.76 54,240,354.29 1,472,846,097.95 —(802.116,885.54) 1,246,296,259.66 —444,179,374.12, ‘See accompanying Notes fo Financial StatementsRepublic ofthe Pi Department of Health EAST AVENUE MEDICAL CENTER East Avenue , Diliman, Quezon City DETAILED STATEMENT OF FINANCIAL PERFORMANCE, ALL FUNDS FOR THE YEAR ENDED DECEMBER 31, 2016 2016 Revenue Serviee and Business Income Business Income Seminar/Training Fees 1,870,300,00 Rent/Lease Income 10,135,703.96 Hospital Fees (662,309,867.74 Less: Cost of Sales 147,192,367.17 Net Hospital Fees '515,117,500.57 Interest on National Government Deposits 463,358.10 Fines and Penalties-Business Income 1,707,727.91 Other Business Income 469,257.81 Miscellaneous Income 4,047,781.30 ‘Total Business Income 333,811,629.65 Shares, Grants and Donations Grants and Donations Grants and Donations 11,611,523.19 ‘Total Grants and Donations 11,611,523.19 Total Revenue 545,423,152.84 Less: Current Operating Expenses Personnel Services Salaries and Wages Salaries & Wages-Regular 515,752,189.87 Total Salaries and Wages 515,752,189.87 Other Compensation Personnel Economic Relief Allowance (PERA) 37,525,375.83 Representation Allowance (RA) 370,571.43 Transportation Allowance (TA) 292,571.43 Clothing/Uniform Allowance 8,200,000.00 Subsistence Allowance 19,580,795.45 Laundry Allowance 2,671,043.67 Produetivity Incentive Allowance 25,000.00 Honoraria 111,746.52 Hazard Pay 193,761,803.87 Longevity Pay 21,495,053.19 Overtime Pay a Year-End Bonus 85,008,511.21 Cash Gift 7,926,500.00 2015 1,633,370.00 13,397,464.88 728,515,731.68 140,750,181.49 '587,765,550.19 409,853.40) 4,256,478.00 4,758,182.57 G3 330,899.08 416,801 ,466.45 416,801,466.45 31,748,242.73 362,000.00 268,013.28 7,460,000.00 2,172,467.78 3,493,208.51 1,924,500.00 2,209,318.93 80,103,325.31 19,956,908.34 202,345.96 36,041,331.26 6,964,194,50 Page 1 of SDepartment of Health EAST AVENUE MEDICAL CENTER ast Avenue , Diliman, Quezon City DETAILED STATEMENT OF FINANCIAL PERFORMANCE, ALL FUNDS FOR THE YEAR ENDED DECEMBER 31, 2016 ther Bonuses and Allowances Performance Based Bonus - Civilian ‘Total Other Compensation Personnel Benefit Contributions Retirement and Life Insurance Premiums PAG-IBIG Contributions PHILHEALTH Contributions Employees Compensation Insurance Premiums Total Personnel Benefit Contributions Other Personnel Benefits ‘Terminal Leave Benefits Other Personnel Benefits ‘Total Other Personnel Benefits Total Personnel Services Maintenance and Other Operating Expenses ‘Traveling Expenses Traveling Expenses-Local Traveling Expenses-Foreign ‘Total Traveling Expenses ‘Training and Scholarship Expenses ‘Training Expenses ‘Total Training and Scholarship Expenses Supplies and Materials Expenses Office Supplies Expenses, Accountable Forms Expenses ‘Non-Accountable Forms Expenses Food Supplies Expenses Drugs & Medicines Expenses Medical, Dental & Laboratory Supplies Expenses Fuel, Oil and Lubricants Expenses Textbooks and INSTRUCTIONAL MATERIALS EXPENSES ‘Semi-Expendable Machinery and Equipment Expenses 2016 47,803,125.00 10,073,000.00 334,845,097.60, 61,439,192.83 1,983,800.00 5,649,928.00 1,969,000.00 71,041,920.83 17,165,473.77 17,356,764.60 34,522,238.57 956,161,446.67 310,143.37 1,500.00, 311,643.37, 2,741,373.06 2,741.3 7,103,352.73 914,960.00 888,946.00 28,744,418.95 16,446,157.20 171,656,359.40 372,386.89 417,850.00 81,000.00, 2015, 73,611,780.32 12,815,900.00 301,333,536.92 48,608,153.07 1,678,300.00 4,660,811.00 1,657,800.00 '56,605,064.07 9,735,854.91 99.279,210.55 109,015,065.46 883,755,132.90 560,753.10 17,760.00 378,513.10 3,678,315.70 3,678,315.70 8,158,53241 1,108,104.00 3,733,880.60 32,043,377.81 14,122,155.32 144,360,408.45 1,087,750.97 522,217.00 Page 2 0f5Republic ofthe Philippines Department of Health EAST AVENUE MEDICAL CENTER ast Avenue , Diliman, Quezon City DETAILED STATEMENT OF FINANCIAL PERFORMANCE ALL FUNDS FOR THE YEAR ENDED DECEMBER 31,2016 2016 201s, sxpendable Machinery and Equipment Expenses- Office Equipment 280,823.04 : Semi-Expendable Machinery and Equipment Expenses- Information and Communications Technology Equipment 14,798.00 : Semi-Expendable Machinery and Equipment Expenses- ‘Communications Equipment 36,700.00 : ‘Semi-Expendable Machinery and Equipment Expenses- Medical Equipment 20,152,918.20 - Semi-Ependable Machinery and Equipment Expenses- Other Machinery and Equipment 26,192.00 : ‘Semi-Expendable Furniture, Fixtures and Books Expenses 182,400.00 3 ‘Semi-Expendable Furniture, Fixtures and Books Expense - Furniture and Fixtures 15,000.00 - (ther Supplies and Materials Expenses 1,967,877:94 1294,353,59 ‘Total Supplies and Materials Expenses 335,902,140.35 212,430,780.15 Utility Expenses Water Expenses 18,930,173.13 23,709,787.89 Electricity Expenses 50,685,853.12 521308,.959.37 Total Utility Expenses 69,616,026.28 76,018,747.26 Communication Expenses Postage and Deliveries 430,316.36 451,194.16 ‘Telephone Expenses-Land Line 415,739.98 429,912.00 Telephone Expenses- Mol 553,648.23, 935,435.89 Intemet Subscrption Expenses 304,973.65, 957,464.03 Cable, Satellite, Telegraph and Radio Expenses 1,200,000. 1,200,000.00 Total Communication Expenses 104,678.22 3.994,006.08 Professional Services Auditing Services 1549201 1,899.00 Consultaney Services 438,126.45 716,008.42 Other Professional Services 235,744.20, 33,117,317.40 ‘Total Professional Services 689,362.66. 33,835,224.82 General Services Environmental/Sanitary Services. 3,037,882.64 2,837,333.89, Janitorial Services 40,545461.87 40,269,286.59 Security Services 24,108,399.65 26,897,688.10 Other General Services 6.226,544.50 9,862,226.43, ‘Total General Services 73,918,288.66 Page 3 ofSRepublic ofthe Philippines Department of Heath EAST AVENUE MEDICAL CENTER East Avenue , Diliman, Quezon City DETAILED STATEMENT OF FINANCIAL PERFORMANCE ALL FUNDS FOR THE YEAR ENDED DECEMBER 31, 2016 2016 2018 Repairs and Maintenance Repairs and Maintenance-Building and Other Structures é 416,735.54 Repairs and Maintenance-Machinery and Equipment 7,219,881.04 12,911,283.45 Repairs & Maintenance- Motor Vehicles 216,123.56 739,600.00, Repairs and Maintenance-Semi-Expendable Furniture, Fixtures and Books 25,900.00 - Repairs & Maintenance-Other Property, Plant and Equipment 125,500. ‘Total Repairs and Maintenance 7,587,404.60 14,067, 618.99 ‘Taxes, Insurance Premiums and Other Fees Taxes, Duties & Licenses 97,700.00 fe Fidelity Bond Premiums 378,247.50 458,891.25, Insurance Expenses 1,682,718.35 Total Taxes, Insurance Premiums and Other Fees 2,158,665.85 Labor and Wages Labor and Wages, 13,308,889.75 Total Labor and Wages 13,308,889.75, 42,095,058.87 Other Maintenance and Operating Expenses ‘Advertising Expenses 272,652.80 435,635.20 Transportation and Delivery Expenses 41,000.00 1,130.00 Rent/Lease Expenses 43,857,047.00 41,231,473.39 Membership, Dues and Contributions to Organizations 15,500.00 89,990.75 Subscription Expenses 98,424.00 126,796.00 Other Maintenance & Operating Expenses (66,734,854.02 24 305,876.18 Total Other Maintenance and Other Operating Expenses 111,019,477.82 66,190,901.52 Total Maintenance and Other Operating Expenses 540,357,9 534,848,610.76 Financial Expenses Non-Cash Expenses Deprei Depreciation-Land Improvements 258,576.67 282,083.64 Depreciation-Building and Other Structures 5,181,727.98 5,652,794.16 Depreciation-Machinery and Equipment 85,053,324.78, 45,226,462.00 Depreciation-motor vehicle 4,907,829.18 1,144,931.76 Depreviation-Furmiture, Fixtures and Books 1,200,524.67 1,203,728.64 Page 4 of 5Department of Health EAST AVENUE MEDICAL CENTER East Avenue , Diliman, Quezon City DETAILED STATEMENT OF FINANCIAL PERFORMANCE, ALL FUNDS FOR THE YEAR ENDED DECEMBER 31,2016 2016 2015 Depreciation-Other Property, Plant and Equipment 7,893,413.46 732,354.09, ‘Total Depreciation 104,495,396.74 54,242,354.29 Impairment Loss Losses ‘Total Non-Cash Expenses 104,498,396.74 54,242,354,29 Current Operating Expenses 1,601,014,794.00 1,472,846,097.98 Surplus (Deficit) from Current Operations (1,055,591,641.16) (802,116,885.54) Financial Assistance/Subsidy from NGAs, LGUs, GOCCs ‘Subsidy from National Government 1,547,503,970.57 1,215,361,452.08 Subsidy from Other National Government Agencies 10,486,145.13 30,934,807.58 Total Financial Assistance/Subsidy from NGAs, LGUs, Goces 1,587,990,115.70 1,246,296,259.66 Less: Financial Assistance/Subsidy to NGAs, LGUs, GOCCs, NGOs/POs Net Financial Assistance/Subsidy 1,246,296,259.66 Other Non-Operating Income Gains Total Gains Surplus (Deficit) for the period 502,398, 474.54 444,179,374.12 Page S of SRepublic ofthe Philippines Department of Health EAST AVENUE MEDICAL CENTER, ast Avenue , Diliman, Quezon City STATEMENT OF CHANGES IN NET ASSETS/EQUITY ALL FUNDS FOR THE YEAR ENDED DECEMBER 31, 2016 Accumulated Surplus/ (Deficit) 2016 2015 Balance at January 1, 2016 1,637,540,398.76 1,424,902,455.67 Ada/(Deduct): Prior Period Adjustments / Unrecorded Income and Expenses (net) Restated balance Addi(Deduet): Changes in Net Assets/Equity for the Calendar Year Surplus/(Deficit) for the period 502,398,474.54 444,179,374.12 Others 3,483,516.36) Total recognized revenue and expense for the period Balance at December 31, 2016 2,183,935,820.26 1,637,540,398.76 ‘See accompanying Notes to Financial StatementsRepublic of the Philippines Department of Health EAST AVENUE MEDICAL CENTER East Avenue , Diliman, Quezon City STATEMENT OF CASH FLOWS All Funds As of December 31, 2016 Cash Flows From Operating Acti Cash Inflows Receipt of Notice of Cash Allocation Collection of Income/Revenues Receipt of Trust Liabilities, Other Receipts Adjustments Total Cash Inflows Cash Outflows Remittance to National Treasury Payment of operating expenses Purchase of Inventories Grant of Cash Advances (Unliquidated During the Year) Prepayments Payment of Deposits Payment of Prior Year's Accounts Payable Remittance of Personnel Benefit Contributions and Mandatory Deductions Payment from Trust Liabilities/Fund Transfers Other Disbursements Adjustments Total Cash Outflows Net Cash Provided by (Used in) Operating Activities Cash Flows from Investing Activities Cash Inflows Total Cash Inflows Cash Outflows Purchase/Construction of Property, Plant and Equipment Total Cash Outflows Net Cash Provided by (Used in) Investing Activities Cash Flows from Financing Activities Cash Inflows Total Cash Inflows. Cash Outflows Total Cash Outflows 2016 2018 1,631,146,235.22 _1,429,865,899.38 706,758,171.06 722,561,455.24 150,800,091.45 6,737,145.64 29,486,017.41 8,222,300.19 123,838,921.69, 37,903,032.12 2,208,289,832.57 14,494,762.54 17,824,593.68 1,251,110,031.77_1,151,763,684.95 124,520,903.43, 130,649,181.26 2,656,735.10 4,633,224.85 3,532,678.40 98,735,882.84 94,642,857.15 72,589,952.97 172,527,177 44 252,998,757.77 180,418,999.02, 152,649,846.26 . 16,796,112.76 8,113,881.30 140,378,167.84 291,072,811.20 2,130,463,831.68 _2,051,646,410.85, 511,565,605.15 153,643,421.72 358,642,124.69 233,454,136.08 358,642,124.69, 233,454,136.08 (358,642,124.69) __(233,454,136.08)Republic of the Philippines Department of Health EAST AVENUE MEDICAL CENTER East Avenue , Diliman, Quezon City STATEMENT OF CASH FLOWS All Funds As of December 31, 2016 2016 2015 ‘Net Cash Provided by (Used in) Finaneing Activities = - Inerease(Decrease) in Cash and Cash Equivalents 152,923,480.46 (79,810,714.36) Effects of Exchange Rate Changes on Cash and Cash Equivalents - Cash and Cash Equivalents, January 1, 284,161,671.41 363,972,385.77 Cash and Cash Equivalents, December 31 437,085,151.87 284,161,671.41Republic of the Philippines Department of Health EAST AVENUE MEDICAL CENTER East Avenue , Diliman, Quezon City STATEMENT OF COMPARISON OF BUDGET AND ACTUAL AMOUNT ALL FUNDS: FOR THE YEAR ENDED DECEMBER 31, 2016 (in thousand pesos) ‘Actual . Difference Eavtcalorg Budgeted Amounts | Amountson |r Budget ape E ee | et Atal Basis RECEIPTS Tax Revenue Services and Business Income 872,790 726,823 706.758 (20,065) Assistance and Subsidy 1,473,453 1,473,453 1,473,453 Shares, Grants and Donations Gains Others 465,301 __ 465,301 465.301 0 Total Receipts 2,811,544 2,665,577 2,645,512 (20,065) PAYMENTS Personnel Services 582,435 954,916 1,005,064 50,148 Maintenance and Other Operating 990,410 988,858, 761.842 (227,016) Capital Outlay 236,452 279,197 372,830 93,633 Financial Expenses Others 349,369 349,369 349,369 0 Total Payments 2,158,666 2,572,340 2,489,105 (83,235) NET RECEIPTS/PAYMENTS 652,878 93,237 156,407 63,170EAST AVENUE MEDICAL CENTER Financial Statements for the year ended December 31, 2016 NOTES TO FINANCIAL STATEMENTS Note 1, Information/Ageney Profile The Government Service Insurance System General Hospital (GSISGH) was established on October 8, 1969 pursuant to Commonwealth Act No. 186 empowering the GSIS to construct and operate hospitals and sanitarium, GSISGH became a national government agency under the Department of Health (DOH), and simultaneously renamed it as. the Hospital ng BagongLipunan with the issuance of Presidential Decree 1411 on June 9, 1978. Subsequently, it was renamed to East Avenue Medical Center (EAMC) pursuant to Presidential Memorandum No. 43 dated November 12, 1986. As a tertiary hospital and one of the national health facilities attached to the DOH, the EAMC’s primary functions were to benefit not only the sick, but also the doctors, nurses, dentists and students who are trained on various specialized fields of medicine. From an original bed capacity of 350, the EAMC was upgraded to 600 with the corresponding service facilities and professional health care under Republic Act No. 8345 dated August 25, 1997. The objectives of the EAMC are the delivery of quality yet affordable tertiary patients’ care to all, excellent training program and research. Under the Formula One Action Plan of the DOH, the hospital focused on better and sustained financing for health, assurance of quality and affordable health services, access to and availability of essential and basic health packages and improved performance of the hospital system. Note 2, Statement of Compliance and Basis of Preparation of Financial Statements ‘The financial statements have been prepared in accordance with and complied with the Philippine Public Sector Accounting Standards (PPSAS) issued by the Commission on Audit per COA Resolution No. 2014-003 dated January 24, 2014. ‘The financial statements have been prepared on the basis of historical cost, unless stated otherwise. The Statement of Cash Flows is prepared using the direct method. Note3. Summary of Significant Accounting Policies 341 Basis of accounting ‘The financial statements are prepared on an accrual basis in accordance with the Philippine Public Sector Accounting Standards (PPSAS). ‘+ The accrual basis of accounting is used. All expenses are recognized when incurred and reported in the financial statements in the period to which they relate. Income is on accrual basis except for transactions where accrual basis is impractical or when other methods are required by law. © Notice of Cash Allocation (NCA) is recorded in the Regular Agency (RA) books. Page 1 of 19EAST AVENUE MEDICAL CENTER Financial Statements for the year ended December 31, 2016 NOTES TO FINANCIAL STATEMENTS, 32 Cash and cash equivalents ‘Cash and cash equivalents comprise cash on hand and cash at bank. 3.3. Receivables Receivables include fund transfer to NGAs, NGOs/POs and Advances to SDOs for time ‘bound cash advances and Advances to Officers and Employees for travel. It also include receivables from Philhealth, PCSO, DSWD, Personal PN, receivable from officers and employees due to disallowances as Per COA. 3.4 Inventories Inventory is measured at cost upon initial recognition. To the extent that inventory was received through non-exchange transactions (for no cost or for a nominal cost), the cost of the inventory is its fair value at the date of acquisition. Inventories are recognized as an expense when deployed for utilization or consumption in the ordinary course of operations of the EAMC. 35 Property, Plant and Equipment Recognition An item is recog characteristics and recogni das property, plant, and equipment (PPE) if it meets the n criteria as a PPE. The characteristics of PPE are as follows: tangible items; ‘* are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and ‘* are expected to be used during more than one reporting period. ‘An item of PPE is recognized as an asset if: * Its probable that future economic benefits or service potential associated with the item will flow to the entity; and ‘* The cost or fair value of the item can be measured reliably. Measurement at Recognition An item recognized as property, plant, and equipment is measured at cost.A PPE acquired through non-exchange transaction is measured at its fuir value as atthe date of acquisition, The cost of the PPE is the cash price equivalent or, for PPE acquired through non- exchange transaction its cost is its fair value as at recognition date. Page 2 of 19EAST AVENUE MEDICAL CENTER Financial Statements for the year ended December 31, 2016 NOTES TO FINANCIAL STATEMENTS Cost includes the following: © Its purchase price, including import duties and non-refundable purchase taxes, after deducting trade discounts and rebates; © expenditure that is directly attributable to the acquisition of the items; and ‘initial estimate of the costs of dismantling and removing the item and restoring the site on which itis located, the obligation for which an entity incurs either when the item is acquired, or as a consequence of having used the item during a particular period for purposes other than to produce inventories during that period. Measurement afier Recognition After recognition, all property, plant and equipment are stated at cost less accumulated depreciation and impairment losses. When significant parts of property, plant and equipment are required to be replaced at intervals, the EAMC recognizes such parts es individual assets with specific useful lives and depreciates them accordingly. Likewise, when a major repairireplacement is done, its cost is recognized in the carrying amount of the plant and equipment as a replacement if the ‘expense in surplus or deficit as incurred. Depreciation Each part of an item of property, plant, and equipment with a cost that is significant in relation to the total cost of the item is depreciated separately. ‘The depreciation charge for each period is recognized as expense unless it is included in the cost of another asset. Initial Recognition of Depreciation Depreciation of an asset begins when it is available for use such as when it is in the location and condition necessary for it to be capable of operating in the manner intended by ‘management, For simplicity and to avoid proportionate computation, the depreciation is for one month if the PPE is available for use on or before the 15th of the month. However, if the PPE is available for use after the 15th of the month, depreciation is for the succeeding month. Depreciation Method The straight line method of depreciation shall be adopted unless another method is more appropriate for agency operation. Page 3 of 19EAST AVENUE MEDICAL CENTER Financial Statements for the year ended December 31, 2016 NOTES TO FINANCIAL STATEMENTS Estimated Useful Life ‘The EAMC uses the Schedule on the Estimated Useful Life of PPE by classification prepared by COA. The EAMC uses a residual value equivalent to at least five percent (5%) of the cost of the PPE, Impairment An asset's carrying amount is written down to its recoverable amount, or recoverable service amount, if the asset's carrying amount is greater than its estimated recoverable service amount, Derecognition The EAMC derecognizes items of property, plant and equipment and/or any significant part of an asset upon disposal or when no future economic benefits or service potential is expected from its continuing use. Any gain or loss arising on derecognition of the asset (calculated as the difference between the net disposal proceeds and the carrying amount of the asset) is included in the surplus or deficit when the asset is derecognized. 3.6 Changes in accounting policies and estimates ‘The EAMC recognizes the effects of changes in accounting policy retrospectively. The effects of changes in accounting policy are applied prospectively if retrospective application is impractical. ‘TheEAMCrecognizes the effects of changes in accounting estimates prospectively by including in surplus or deficit. ‘The EAMC correct material prior period etrors retrospectively in the first set of financial statements authorized for issue after their discovery by: * __Restating the comparative amounts for prior period(s) presented in which the error occurred; or © If the error occurred before the earliest prior period presented, restating the opening balances of assets, liabilities and net assets/equity for the earliest prior peri presented. 3.7 Revenue from non-exchange transactions Recognition and Measurement of Assets from Non-Exchange Transactions An inflow of resources from a non-exchange transaction, other than services in-kind, that meets the definition of an asset are recognized as an asset if the following criteria are met: Page 4 of 19EAST AVENUE MEDICAL CENTER Financial Statements for the year ended December 31, 2016 NOTES TO FINANCIAL STATEMENTS, * It is probable that the future economic benefits or service potential associated with the asset will flow to the entity; and © The fair value of the asset can be measured reliably. ‘An asset acquired through a non-exchange transact value as at the date of acquisition. is initially measured at its fair Recognition of Revenue from Non-Exchange Transactions An inflow of resources from a non-exchange transaction recognized as an asset is recognized as revenue, except to the extent that a liability is also recognized in respect of the same inflow. ASEAMCsatisfies a present obligation recognized as a liability in respect of an inflow of resources from a non-exchange transaction recognized as an asset, it reduces the carrying amount of the liability recognized and recognizes an amount of revenue equal to that reduction, Measurement of Revenue from Non-Exchange Transactions Revenue from non-exchange transactions is measured at the amount of the increas assets recognized by the entity, unless a corresponding liability is recognized. Measurement of Liabilities on Initial Recognition from Non-Exchange Transactions ‘The amount recognized as a lability in a non-exchange transaction is the best estimate of the amount required to settle the present obligation at the reporting date. Taxes ‘Taxes and the related fines and penalties are recognized when collected or when these are ‘measurable and legally collectible. The related refunds, including those that are measurable and legally collectible, are deducted from the recognized tax revenue. Gifts and Donations ‘TheEast Avenue Medical Centerrecognizes assets and revenue from gifts and donations when it is probable that the future economic benefits or service potential will flow to the entity and the fair value of the assets can be measured reliably. Goods in-kind are recognized as assets when the goods are received, or there is a binding arrangement to receive the goods. If goods in-kind are received without conditions attached, revenue is recognized immediately. If conditions are attached, a liability is recognized, which is reduced and revenue recognized as the conditions are satisfied. On initial recognition, gifts and donations including goods in-kind are measured at their fair value as at the date of acquisition, which were ascertained by reference to an active market, or by appraisal. An appraisal of the value of an asset is normally undertaken by a member of Page 5 of 19EAST AVENUE MEDICAL CENTER jancial Statements for the year ended December 31, 2016 NOTES TO FINANCIAL STATEMENTS, the valuation profession who holds a recognized and relevant professional qualification. For many assets, the fair value is ascertained by reference to quoted prices in an active and liquid market. Transfers The EAMC recognizes an asset in respect of transfers when the transferred resources ‘meet the definition of an asset and satisfy the criteria for recognition as an asset, except those arising from services in-kind, 3.8 Budget information ‘The annual budget is prepared on a cash basis and is published in the government websit As a result of the adoption of the cash basis for budgeting purposes, a separate Statement of Comparison of Budget and Actual Amounts is presented showing the basis, timing or entity differences. Explanatory comments are provided in the notes to the annual financial statements; first, the reasons for overall growth or decline in the budget are stated, followed by details of overspending or under spending on line items. Note4. Prior Period Adjustments Fundamental errors of prior years that are previously corrected by using the Prior Years’ ‘Adjustment aecountarenow changed to Accumulated Surplus (Deficit). Errors affecting current year’s operation are charged to the current year’s accounts. NoteS. Cash and Cash Equivalents Accounts ‘As of December 31, 2016 ‘Cash, Collecting Officers 8,697,209.17 Petty Cash Fund 2,509,699.65 ‘Casi in Bank Local Currency Current Account 258,515,047.05 ‘Cash = Treasury / Agency Deposit, Trust 60,308,092.75, ‘Cash = Modified Disbursement System (MDS), Regular 107,055,103.25 ‘Total Cash and Cash Equivalents P437,085,151.87 ‘The Cash, Collecting Officers account represents balance of cash collections for CY 2016 which was only deposited on the 1* working day of CY 2017. The Petty Cash Fund account represents the approved petty cash fund handled by various petty cash custodian to be disbursed for petty expenses. EAMC has the authority to use its hospital and other related income to augment the deficiency of subsidy from government to cover MOOE & CO and was deposited and maintained with local currency accounts at the Development Bank of the Philippines. Also, EAMC has three (3) MDS account at Land Bank of the Philippines (1) for the NTCA received from DOH coming from the sub allotment and Development Bank of the Philippines (2) for the NCA received from DBM from funds under the GAA and Terminal Leave Benefits of Employees. The amount reflected in Cash ~ Modified Disbursement System (MDS), Regular pertains to the unreleased checks for various suppliers and EAMC employees as of December 31, 2016. The Cash — Treasury / Agency Deposit, Trust account is the deposited amount at ‘Bureau of Treasury with authority to use by EAMC but this is still be subject for reconciliation. Page 6 of 19EAST AVENUE MEDICAL CENTER Financial Statements for the year ended December 31, 2016 NOTES TO FINANCIAL STATEMENTS Note6. Receivables Accounts Receivables 241,475,989.29 Due fromNGAs 7,876,077.61 Receivables-Disallowances/Charges 20,484,704.70 Due from Officers & Employees 10,689.92, Due from NGOs/PO 5,400,929.97 Other Receivables 110,106.91 ‘Other Receivables-Due from Other Funds 618,401.73 Note 7. Inventories | __Inventory Held for Consumption __| 999 993,913.76 (Drugs and Medicines For Consumption) Carrying Amount, January 1, 2016 81919, 648.4 Receipts / Deliveries forthe year 115,201,992.78 Expensed during the year except write-down | (168,127,827.66) Write-down during the year 0.00 Reversal of Write-down during the year 0.00 Inventory Held for Consumption (Media, Dental and Laboratory Supplies 98,440.921.68 Inventory) Carrying Amount, January 1, 2016 ¥7,601,562.80 Receipts / Deliveries forthe year 179,534,278.09 pened ring te exept writedowns | W6BH491920 ‘Writ-down during the year Reversal of Write-down during the year Inventory Held for Consumption PPG (Office Supplies Inventory) Carrying Amount, January 1, 2016 221537007 Receipts / Deliveries for the year 7.180169.45 Expensed during the year except write-down (.736412.54) Write-down during the year 0.00 0.00 Page 7 of 19EAST AVENUE MEDICAL CENTER Financial Statements for the year ended December 31, 2016 NOTES TO FINANCIAL STATEMENTS, Taventory Held for Consumption (Aesountable Forms Inventory) ae : 5 ‘Carying Amount, January 1, 2016 395,966.80 | __~- i : Receipts / Deliveries forthe year 972,317 42 “Expensed during the year except write-down 12,960.00) |__- : z ‘Write-down during the year 0.00 [ : : Reversal of Wrte-down during the year 0.00[ : z Inventory Held for Consumption (Food Supplies Inventory) pani : 2 Carrying Amount, January 1, 2016 380147053 | __- F z ‘Receipts / Deliveries for the year $50,821.00 Expensed during the year except write-down (48,973.60) | __— 2 = Write-down during the year 000 [= e : Reversal of Write down during the year 000 [ 3 Inventory Held for Consumption (Other Supplies Inventory) eater | a i Carrying Amount, January 1, 2016 11,968.486.31 zi : a ‘Receipts / Deliveries forthe year 11,655,241.69 “Expensed during the year except wiile-down 67405243) |___- : 5 Write-down during the year 0.00 = : zB ‘Reversal of Write-down during the year 0.00 E = E Inventory Held for Consumption (NON-ACCOUNTABLE FORMS 678,749.40) x 4 INVENTORY) Canying Amount, January 1, 2016 7728540 | ___- 5B = ‘Reveipts / Deliveries forthe year "796,410.00 “Expensed during the year except write-down (88,996.00) [__— a a ‘Write-down during the year 000, z 2 ‘Reversal of Write-down during the year 000 | : 2 Inventory Held for Distribution (Textbooks and Instructional Materials for 167,696.00 | = : FI Distribution) ‘Carrying Amount, January 1, 2016 167,696.00 |= = = Receipts / Deliveries for the year 76,050.00 [Expensed during the year except write-down (76,050.00) |= z z ‘Write-down during the year 0.00 [= a E Reversal of Write-down. eas 0.00 Page 8 of 19