2019 Annual Report

2019
ANNUAL REPORT
01
Introduction
02
Company Profile
03
Board of Directors
04
CONTENT
LRTA Key Officials
05
Messages
06
Administrator’s Report
Key Policy Issuances
Operational Review
Financial Review
Service Performance
Major Programs and Initiatives Implemented
2019 Performance Scorecard
Other Important Milestones
07
Corporate Social Responsibility
08
Good Governance
09
2019 Audited Financial Report
Cover photo by jjopolicar19

INTRODUCTION
T he Light Rail Transit Authority (LRTA) is a wholly-owned government corporation
mandated to be primarily responsible for the construction, operation, maintenance
and/or lease of light rail transit systems in the Philippines by virtue of Executive Order (EO) No.
603, dated July 12, 1980, as amended.
The Authority owns two (2) of the light rail transit systems in the country, which are both located
in Metro Manila, namely, the LRT Line 1 and Line 2. Full operation of the Line 1 System was in
May 1985. It was further extended towards the north in October 2010 with the construction of
two (2) additional stations, Balintawak and Roosevelt, forming part of the twenty (20) stations of
the Line. Meanwhile, Line 2 System which became operational in April 2004, has eleven (11)
stations that traverse the Santolan, Pasig City to Recto, Manila corridor.
Currently, the LRT Line 1 System is operated and maintained by the private concessionaire,
Light Rail Manila Corporation (LRMC). Its ticketing system is now also being maintained by the
private concessionaire, AF Payments, Inc. (AFPI) through a Public-Private Partnership (PPP)
scheme where LRTA acts as the Public Transport Operator (PTO) under a Service Level
Agreement (SLA) with AFPI. Thus, LRTA now operates the LRT Line 2 System only while its
maintenance is outsourced to the Maintenance Contractor, Autre Porte Technique Global, Inc.
Multi-Scan Corporation & Opus Land Inc., JV (referred to AMSCO-JV), which services
commenced on December 19, 2018.
With the foregoing developments, the operational and financial aspects reported are focused
on the following functions of LRTA: the administration and management of the Line 2 System,
the Concession Agreement monitoring of Line 1, its performance as a PTO under the SLA and
its project management/supervision of the Line 2 East Extension Project and Line 2 West
Extension Project as well as its share in the Government’s responsibility as regards the
construction of the Line 1 South (Cavite) Extension that is under a PPP scheme.
This report focuses on the LRTA Line 2’s operational and financial performance for the period
ended December 2019 as well as the major Programs/Projects and Activities (PPAs) and Good
Governance-related initiatives of the Authority implemented within the year.
LRTA 2019 Annual Report | 3

02
CORPORATE PROFILE
Photo by Gabriel Guttierez

Charter Statement and Strategy Map
Quality Policy
“We commit to achieve excellence to meet the increasing demands for LRT systems and related
services through continual improvement of our QMS and satisfaction of applicable legal requirements.”

LRTA CORPORATE GOALS
Goal 1 Goal 2 Goal 3
Delighted customers that patronize Globally-competitive agency in urban Integrated railway systems that
light railways as their preferred mode rail systems development, regulation provide multimodal connectivity
of transportation in urban areas and management within and between urban areas
Goal 4 Goal 5 Goal 6
Professionally managed and results- Financially sustainable organization Unified Light Railway System into an
oriented organization with caring and administratively integrated
nurturing culture producing world- organization
class experts and leaders in the
railway industry
LRTALRTA
20192019 Annual
Annual Report
Report | 6 |6
CORPORATE 1. Improve customer
experience annually for
QUALITY
existing LRTA owned
and/ or managed LRT
lines as well as future
OBJECTIVES lines.
3. Increase employees’ awareness and

2. Develop and understanding about the following:
implement quality plans
to promote gender  Benefits of an efficient QMS
equality, accessibility  Importance of QUALITY and Efficiency
and performance  LRTA’s Quality Management System (QMS)
excellence – its Processes, Procedures and their
relationships/linkages within the QMS
 Risk-based Thinking
 Continual IMPROVEMENT
4. Capacitate
employees and improve
their skills and 5. Identify and implement continuous
competencies improvement opportunities in all aspects of the
LRTA QMS

03
BOARD OF
DIRECTORS
Photo by Mark Lester S. Cayabyab

The two (2) Appointive Directors of the LRTA Board, Administrator and Private Sector, respectively, do
not have other appointments as Directors in other Boards.
The other seven (7) directors are in Ex-Officio character by virtue of their appointments as Cabinet
Secretaries, and that as such Cabinet Secretaries they are Ex-Officio members of Board of Directors of
as many as government corporations, bodies, instrumentalities and entities created by law and which
their position as Cabinet Secretaries are made Ex-Officio members of said corporations, bodies,
instrumentalities and entities.
Private Sector

Sec. Arthur P. Tugade (DOTr) Gen. Reynaldo I. Berroya (LRTA) Sec. Mark A. Villar (DPWH)
Designation: Chairman Designation: Member Designation: Member

Date Appointed: Date Appointed: Date Appointed:
October 2016 to Present July 2016 to Present July 2016 to Present
Academic Qualifications: Academic Qualifications: Academic Qualifications

Bachelor of Laws, San Beda Master of Business Management, Master in Business
College of Law, cum laude; Post Philippine Christian University; Administration, University of
Graduate Studies, National Command and General Staff Chicago Booth School of
University of Singapore Course, AFPGSC ; Master in Business; Bachelor of Arts in
(under NUS-Stanford Executive Management, University of the Economics, Political Science
Program); AB Philosophy, San Philippines Institute for Small- and Philosophy, Wharton
Beda College, magna cum laude Scale Industries; Terrorist Devices School of University of
Disposal Course, (Cobol/ Fortran), Pennsylvania
Professional Qualifications and PES-DND; Bachelor of Science in
Other Affiliations: Management, Philippines Military Professional Qualifications
Lawyer; President and Chief Academy and Other Affiliations:
Executive Officer, Clark Congressman, Lone District of
Development Corporation; Professional Qualifications and Las Pinas; Chairman,
Founder, Perry’s Group of Other Affiliations : Committee on Trade and
Companies; Partner, Bengzon, General Manager, Metro Rail Industry; (15th & 16th
Verano, Tugade, and Escolin Law Transit (MRT) 3, Department of Congress, House of
Transportation and Representatives); Vice
Office Alternate Chairman: Communications (DOTC); Chairman, Committee on
Usec. Timothy John R. Batan Undersecretary for Overseas Workers Affairs,
Communications, DOTC; Assistant Labor and Employment, and
Secretary for Special Concerns, Science and Technology (15th
DOTC; Chief, Land Transportation & 16th Congress, House of
Office (LTO); Director, Civil Representative); Managing
Security Group (CSG); Regional Director, Vista Land and
Director, Central Luzon Regional Landscapes; President, Crown
Police Office; Director, Philippines Asia Corporation
National Police (PNP) Intelligence
Group; Chief, Anti-Drugs Task
Force, CARAGA Region; Chief, Task Alternate Member:
Force Lawin, Presidential Anti- Usec. Maria Catalina E. Cabral
Crime Commission; Chief, Task
Force Gemini, PNP; Provincial
Commander, Pampanga Philippine
Constabulary/Integrated National
Police; Commander, Olongapo
METRODISCOM; Battalion
Commander, Reaction Strike Force
BN; Deputy Chief and Executive
Officer Commander, METROCOM
Intelligence and Security Group;
Chief, Narcotics Detection Branch
CANU

Sec. Benjamin E. Diokno (DBM) Sec. Ernesto M. Pernia (NEDA) Sec. Carlos G. Dominguez III (DOF)
Designation: Member Designation: Member Designation: Member

Date Appointed: Date Appointed: Date Appointed:
July 2016 to Present July 2016 to Present July 2016 to Present
Academic Qualifications: Academic Qualifications: Academic Qualifications:

Ph.D Economics, Maxwell School of Ph.D in Economic Demography, Post Graduate Studies, Stanford
Citizenship and Public Affairs, Syracuse University of California, Berkeley, University Graduate of Business;
University, Syracuse, New York, USA; USA; Master in Economics, Master in Business Administration,
Master of Arts in Political Economy, University of Bridgeport, Ateneo de Manila University;
John Hopkins University, Baltimore, Connecticut, USA; Bachelor of Bachelor of Science in Economics,
Maryland, USA; Master of Arts in Arts in Economics, University of Ateneo de Manila University
Economics, University of the San Carlos; Bachelor of Arts in
Philippines; Certificate in Development Philosophy, San Carlos Major Professional Qualifications and
Economics, University of the Seminary, magna cum laude Other Affiliations:
Philippines-University of Wisconsin Businessman; Chief Executive,
Program in Development Economics Professional Qualifications and Philippine Airlines; Executive
University of the Philippines; Master of Other Affiliations: Director, PTFC Redevelopment
Public Administration, University of the Economist; Professor Emeritus, Corporation; Director, United
Philippines; Bachelor of Arts in Public University of the Philippines Paragon Mining Corporation Marco
Administration, University of the School of Economics; Director- Polo Hotel, Davao City (Family-
Philippines General, NEDA; Lead Economist, owned); Chairman and Director,
Asian Development Planning; RCBC Capital Corporation;
Professional Qualifications and Other Professor, University of San President, BPI Agricultural
Affiliations Carlos; Director, Institute of Development Bank; Director,
Economist; Undersecretary for Budget Economic Development & Landbank of the Philippines;
Operations, Department of Budget and Research, University of the Secretary, Department of
Management, 1986-1991; Chairman Philippines School of Economics; Agriculture and Minister of Natural
and CEO, Philippines National Oil Regional Adviser, Population and Resources; President of Shangri-la
Company (PNOC); Chairman, Local Employment Policy and Plaza Corporation, Northern
Water Utilities Administration, 1990- Research, International Labour Mindanao Power Corporation,
1991; Chairman, Board of Trustees, Organization regional Office, Easycall Communications
Pamantasan ng Lungsod ng Maynila Bangkok, Thailand; Consultant, Philippines, Lafayetter Philippines,
(PLM); Independent Director, Asia World Bank, Population Council Transnational Diversified Group,
United Bank; Fiscal Adviser, Office of East and South Asia Regional Central Azucarera Don Pedro;
the Senate President; Columnist, Office, United Nations Independent Director, Roxas
Business World –Southeast Asia first University, United Nations Holdings; Director, Meralco
daily newspaper; Philippine National Center for Development, Food
Bank Professor of Economics, University and Agriculture Organization, Alternate Member:
of the Philippines-Diliman; Professor Philippine Institute for Asec. Mark Dennis Y.C. Joven
Emeritus, University of the Philippines- Development Studies , and Alternate Secondary Member: Atty.
Diliman USAid; Lecturer, University of Maryl Karren Ang Go
California; Fellow, East-West
Alternate Member: Population Institute, Honolulu
Usec. Tina Rose Marie L. Canda
Alternate Secondary Member: Dir. Alternate Member:
Carmencita P. Mahinay Asec. Jonathan L. Uy Alternate
Secondary Member:
Dir. Roderick M. Planta

Gen. Danilo Delapuz Lim (MMDA) Chairman Martin L. Delgra (LTFRB) Atty. Dimapuno R. Datu (Private Sector)
Designation: Member Designation: Member Designation: Member

Date Appointed: Date Appointed: Date Appointed: June 2017 to Present
May 2017 to Present July 2016 to Present
Academic Qualifications:
Academic Qualifications: Academic Qualifications: Lawyer, University of the East, Manila;
Graduate of US Military Academy; Bachelor of Laws, Ateneo de Davao College Dalupan Scholar, cum laude
Graduate of Advanced Infantry University; Bachelor of Arts in
Course, Infantry School in Fort Economics, Ateneo de Davao Professional Qualifications and Other
Benning, Georgia; Graduate of University Affiliations:
Scout Ranger Course; Graduate of Vice-Governor of Lanao del Sur, 2001-
Command and General Staff Professional Qualifications and 2004; Sultan sa Raya (Watu-Balindong),
Course Other Affiliations: Lanao del Sur; Commissioner, Regional
Lawyer ; Real Estate Broker and Reconciliation and Unification
Professional Qualifications and Appraiser; Partner, Delgra Lanzona Commission in ARMM; Dean, College of
Other Affiliations: Quitalan; Professor, St. Francis Xavier Business Administration, Mindanao State
Chief of Operations, First Scout College; Professor, Ateneo de Davao University; Provincial Attorney, DAR
Ranger Regiment; Deputy University; Professor, Claret College Attorney, Lanao del Sur; Legal Counsel,
Commander, First Scout Ranger of Isabela; Legal Counsel, Philippine Amanah Bank, Lanao del Sur &
Regiment; Regiment Commander, Commission of Justice and Peace Norte; MSU Chief Legal Officer,
First Scout Ranger Regiment; Prelature of Isabela Basilan; Mindanao State University (MSU);
Commander, 42nd Infantry Chairman, Jesuit Volunteers of the Professor, MSU-College of Law;
Battalion; Commander, forward Philippines Foundation Inc.; Member, Professor, College of Law, University of
Recon Unit of the 1 st Infantry Board of Judges, Bureau of Internal the East-Manila; Professor, Jamiatul
(Tabak) Division in Sulu Revenue Region 19 (Handling Philippine Al-Islamia-Marawi City; Radio
Maglingkod Program); Pro, Board of Commentator, DXAD-AM Radio Station
Alternate Member: Officers, Integrated Bar of the Marawi City, and “Pangnal o Masa” Radio
Mr. Arturo S. Garcia, Jr. Philippines-Davao City Chapter; Marawi, 96.9 FM Station; Radio
Alternate Secondary Member: Member, Dava Reef Divers Club; Anchorman of NAMFREL in 1995 & 1998
Atty. Jose M. Arollado, Jr. Member, Heights Tennis Club LOCAL ELECTION; Human Rights
Alternate Secondary Member: Advocate and Freedom Fighter since
Asec. Jose V. Campos Martial Law; FLAG Lawyer (Marawi and
Lanao del Sur Chapter); Writer and
Journalist, Publisher-Editor of Philippine
Crescent ; President, Marawi City Press
and Radio Ranao Patrol Club; First
President of Philippine Muslim Workers
Association Inc.; Former President of
Dansalan Junior College Alumni
Association; Former Port Collector of
Customs at Cotabato City, General Santos
City, Dumaguete City, Davao City and
MICP, Manila

LRTA Board of Directors Trainings/Seminars for CY 2019
1. Gen. Reynaldo I. Berroya (LRTA Adminstrator)

• Corporate Governance Orientation Program Institute of Corporate Directors
Tower Club, Philam Tower, Makati City 30 October 2019
2. Atty. Dimapuno R. Datu (Private Sector Representative)

• Corporate Governance Orientation Program Institute of Corporate Directors
Tower Club, Philam Tower, Makati City 30 October 2019
• Enhancing Board Performance Institute of Corporate Director
Tower Club, Philam Tower, Makati City 25 September 2019
3. Assistant Secretary Jonathan L. Uy (NEDA)

• 9th Philippines-Japan High Level Joint Committee Meeting On Infrastructure and
Economic Development
Hakone, Kanagawa, Japan 5-7 December 2019
• ASEAN-Republic of Korea Smart City Fair and Commemorative Summit Busan, South
Korea, 25-27 November 2019
• Conflict Management Course for NEDA Management Astoria Plaza, Ortigas Center
1-3 October 2019
• 7th Global Infrastructure Cooperation Conference (GICC 2019) Seoul, South Korea
2-6 September 2019
• 23rd Economic Development Cooperation Fund Workshop Seoul, South Korea
10-15 June 2019
• ADB Philippines Stakeholder Forum for Country Partnership Strategy Cebu City
25-27 April 2019
• High Level Bilateral Meetings between the Government of the Republic of the
Philippines (GPH) and the Government of the People’s Republic of China (GPRC)
Beijing, China, 18-21 March 2019
• 7th Philippines-Japan High Level Joint Committee Meeting on Infrastructure and
Economic Development, Osaka, Japan, 20-22 February 2019
4. Assistant Secretary Roderick M. Planta (NEDA)

• IFC Training on Public-Private Partnership in Infrastructure Harvard Kennedy School:
Executive Education International Finance Corporation - World Bank Group Singapore,
7-11 January 2019

CERTIFICATES

04
LRTA KEY OFFICIALS
Photo by Christian M. Salazar

THE LRTA ORGANIZATIONAL STRUCTURE
The above shown Organizational Structure of LRTA was approved by the Department of Budget and
Management in December 2010. In 2015, Line 1 Operations Department was reconstituted as
Concession Agreement Monitoring Team (CAMT) due to the hand-over of the LRT Line 1 operations
and maintenance to the private concessionaire.
On the other hand, the reconstitution of the Automated Fare Collection System Service Department
(AFCSSD) and part of the Treasury Division as Fare Revenue Group (FROG) was due to the
implementation of the Unified Ticketing in the same year.

LRTA Key Officials
Executive Officers
Reynaldo I. Berroya
Administrator
Paul Y. Chua PhD, CESE

Deputy Administrator for Operations
and Engineering
Atty. Jose Jobel V. Belarmino

Officer-In-Charge, Deputy Administrator for
Administrative, Finance and AFCS and
concurrent Legal Department Manager A
Members of the Management Committee
Atty. Hernando T. Cabrera Atty. Elmo Stephen P. Triste Engr. Joseph Dexter S.
Corporate Board Administrative Department Beunconsejo
Secretary/Compliance Officer Manager A Line 2 East Extension
Project Manager
Eleanore T. Domingo Felix Gerard R. Leyson Engr. Lorelie L. Reyes

Planning Department Concession Agreement Line 2 West Extension
Manager A Monitoring Team Project Manager
Head
Annabelle C. Ganancial Nicolas G. Ombao Eleanore C. Palaypayon

Business Development and Fare Revenue Line 1 South Extension
Public Relations Department Operations Group Project - OIC
Manager A Manager A
Prima M. Tapia Antonio R. Laigo, Jr Julilto Z. Bernales

Internal Audit Department Line2 Operations Department Project Management Office-
Manager A Manager A Rehabilitation Projects
Project Manager
Marilou B. Liscano Engr. Federico J. Canar Jimmy Chua

Finance Department Lines 1 and 2 Safety and Security Division
Manager A Engineering Department Manager A
Manager A

05
MESSAGES
Photo by Elijah Roy V. Daquil

MESSAGE
RESILIENCY AND DETERMINATION.
Those are the two words that ring true to the core values that the Light Rail Transit
Authority (LRTA) has shown for the year that passed.
2019 truly tested the agency in terms of operations with the impact of various
factors, including the fire incident that occurred in October. However, we have
witnessed how the men and women of LRTA strived to get the rail line back on its
feet. You have remained unshaken and continued the hard work and determination
to provide quality service for the riding public.
While it cannot be denied that there will always be setbacks on our way towards the
provision of better mobility and connectivity throughout the country, we shall never
disregard the significant milestones we have reached together.
Let history tell that 2019 was the year the LRT-1 Cavite Extension started its actual
full-blast construction, after nearly two decades and three administrations. This
2019 breakthrough is a testament to the government’s commitment of achieving an
improved public transport system for all Filipinos.
For the remainder of the term of our beloved President Rodrigo Duterte, we look
forward to see exciting times ahead, with several promising railway projects set for
operations and construction, such as the LRT-2 East Extension and LRT-2 West
Extension Projects.
Through continuous close coordination and cooperation, the Department of

Transportation (DOTr) and LRTA will always reach greater heights and shall together
keep moving closer to our goal of providing a comfortable life to the Filipino people.

Administrator’s Message
W
e have ended yet another successful year with satisfactory feats. Although we came across
some fortuitous events and challenges, we still managed to deliver quality service to our
stakeholders.
The year 2019 has been a challenging year to the Authority. The collision incident last May and the fire
incident last October have greatly affected our operational and financial performance. However, in the
face of these challenges, LRTA remained fervently and firmly committed to provide passengers with a
safe, reliable, efficient and comfortable journey.
Prompt measures have been adopted to prevent the occurrence of the same incidents. We earnestly
embarked on some system-wide rail rehabilitation and improvement programs including the review of
the existing policies and procedures on safety, operations and engineering.
The restoration of the three stations remains the top priority of the Management. The damaged Fiber
Optic Cable was immediately restored while the restoration of damaged Rectifier Substations 5 & 6 and
other Appurtenances, the Signaling Equipment and the damaged Telecom Equipment is
just around the corner.
Having Santolan, Katipunan & Anonas stations shutter their windows brought us back to the days when
the spirit of Bayanihan still lives. The incident was addressed through bus augmentation schemes for
the Filipino commuters. Several private and government agencies lent their help and worked with
camaraderie. Supports poured from the Department of Transportation, Metro Manila Development
Authority, Philippine Coast Guard, Land Transportation Franchising and Regulatory Board, Land
Transportation Office, Philippine National Police-Highway Patrol Group, Inter-Agency Council for
Traffic, and various bus and modern PUV companies.
One of our remarkable breakthroughs is that the long-time distress of passengers regarding the poor
air-conditioning system inside the LRT-2 trains has been solved with the completion of the systematic
replacement of air-conditioning units (ACUs). Since the ACUs were replaced, the previous 28°C
temperature inside the trains became 15-19°C. These newly-installed ACUs are manufactured to be
environment-friendly, energy-efficient and compliant with the Clean Air Act.
Beyond providing our stakeholders with a comfortable journey, ensuring their safety is also a pivotal
commitment for all mass rapid transit system. As such, we have implemented several measures to
intensify the safety and security services of LRTA including regular coordination with the Office for
Transportation Security (OTS)-DOTr, MMDA, Philippine Institute of Volcanology and Seismology
(Phivolcs), and National Disaster Risk Reduction and Management Council (NDRRMC) for all LRTA-
wide transportation intelligence-security policy, and emergency preparedness, response
and recovery activities.
On the aspect of improving Customer Satisfaction, LRTA has brushed up its customer feedback
mechanism to be more responsive to passengers. A bi-annual Customer Satisfaction Survey and Focus
Group Discussion were conducted to gauge the satisfaction level of passengers on LRT-2 services and
to identify areas of improvement based on customers’ perspective.
Public awareness campaign have been regularly undertaken to promote and update the riding public on
the LRT-2 services, programs, and projects. Partnerships with various organizations and conduct of
customer relations events were also undertaken to deliver exceptional customer experience.
The ridership patronage recorded this year dropped to almost 57 million which is relatively lower than
the approximately 65 million recorded in the preceding year. The decrease was attributed to, among
others, several factors such as the Taal Volcano eruption, class suspensions due to typhoons,
provisionary services, declaration of holidays, collision incident, and a fire incident which damaged two
rectifier substations forced the shutdown of operation in three LRT-2 stations.
Nevertheless, the current non-rail revenue climbed by more than 21% to P494.96-million from last
year’s P408.49-million mainly due to the increase in the interest income from deposits and fund
management, such as placements in High Yield Savings. The additional income earned from the sale of
unserviceable property likewise contributed to the increased revenue. We are thus continuing to
revolutionize ways to improve the financial strength of the agency through devoting efforts
to gain more non-rail revenue.
We also conquered some significant progress when it comes to our extension projects including the
Line 2 East & West Extension Projects and the Line 1 South Extension Project. We already have the
mock-up train and has acquired more than 70% overall Right-of-way for the extension project to Cavite
or the Line 1 South Extension Project. On the other hand, for the extension project to Antipolo better
known as the Line 2 East Extension Project, we already have 96.12% completed rate on the

construction of Design and Build of stations (Package 2) while the Design and Construction of Electro-
Mechanical Equipment (Package 3) is also nearing its completion. For the extension project to Pier 4
also known as the Line 2 West Extension Project, the award of contract for the Consultancy Services
was already accorded.
The implementation of various LRTA projects generated 2,795 jobs which is at least 19% higher as
compared to the same period last year. Furthermore, more individuals are about to cement their career
path towards the glorious world of railway industry as the Philippine Railway Training Center was able
to secure 28 enrollees for the Train Driving Module.
The LRTA has indeed been more than just an agency serving the public through its railway systems by
helping alleviate the country’s worsening traffic gridlocks. It has become the country’s partner in nation
development and economic growth.
Looking far ahead to the coming years, the LRTA is bound to do more. One of which is embarking on
the acquisition of new trainsets with expected delivery by any quarter in the year 2023. Fielding more
trains will reduce the current average headway of nine minutes to only four minutes which translates to
shorter waiting time for passengers at stations.
More deeds are thus waiting to be realized in the future. With the help of LRTA’s team of dedicated
personnel, our supportive government, the railway enthusiasts, our valued passengers, stakeholders,
and with the inspiration we can draw from previous LRTA Administrators, the quest for a fully integrated
transportation network and the door to the Golden Age of Infrastructure is not far off. As we venture to
this quest, we are always honored to give you – the Filipino commuters, a safe, reliable, efficient and
comfortable journey. And, we will not waver to take you to places and to keep your dreams
within reach.
LRT 2 Sta. Mesa Station. Photo by Christian M. Salazar

06
ADMINISTRATOR’S
REPORT
Photo by Mark Vincent G. Valerio

The year 2019 has been a challenging year for the Authority when it has experienced several serious
operational issues. The offered carrying capacity has dropped with only 44% of its total operational
fleets due to issues such as ageing trains, systems and equipment and obsolescence of parts as well
as the collision incidents involving two (2) trains in May 2019 and the fire that damaged two (2) Rectifier
Substations (RSS) including its auxiliary system that resulted to a degraded operation with only eight
(8) out of eleven (11) stations, Recto to Cubao and vice versa now in revenue service. The said
circumstances significantly affected the operational as well as the financial performance of the Authority.
In the midst of these challenges, the Authority remained firm and steadfast as it continues to exert
efforts in finding ways to immediately recover from the cited incidents. LRTA worked vigorously for the
immediate procurement of parts necessary for the restoration of two trains (No. 18 and 13) involved in
the collision incident. To ease the inconvenience experienced by the riding public with the
implementation of degraded operation, the LRTA is working hand in hand with various government and
private organizations such as, among others, the Department of Transportation (DOTr), Metropolitan
Manila Development Authority, Philippine Coast Guard, Land Transportation Franchising and
Regulatory Board (LTFRB), Land Transportation Office (LTO), Philippine National Police-Highway
Patrol Group, Inter-Agency Council for Traffic, and the various private bus, and modern PUV
companies, in the deployment of alternative public transport systems along Marcos Highway under the
Bus Augmentation Program of the government. This enables the provision of transport services of
commuters riding in Santolan, Pasig to Cubao in Quezon City. The LRTA personnel from Safety and
Security Division (SSD) and Knowledge Management Information Technology (KMIT) were also
deployed to monitor bus and passenger traffic in coordination with the Authority’s Deputy Administrator
for Operations and Engineering as the team leader.
In terms of financial performance, the reduction of the ridership patronage caused by the degraded
operation significantly affected the rail revenue of the Authority with its generated rail income falling
short by 15% against its annual target and 14% from the same period last year. Likewise, the reduction
in the proposed Operating Subsidy from the National Government by P 280.71 Million also affected the
Authority’s financial condition. In order to cope with the situation, the LRTA continues at implementing
the cost cutting and austerity measures to generate more savings. The intensified generation of non-rail
revenue and collection activities are also being done through strict implementation of collection
strategies, polices and methods for rental income from lease of commercial and advertising spaces.
In the coming years, the Management through the Business Development Division, in collaboration with
concerned offices will come up with innovative ways and explore all avenues to intensify non-rail
business and vigorously pursue initiatives on cost-cutting and other austerity measures, on top of the
implementation of efficient collection systems.
Moving forward, the LRTA is embarking on the acquisition of new trainsets with expected delivery by
the 1st to 4th Quarter of 2023. This project intends to increase the train availability to improve the
operational efficiency of LRT Line 2.

LRT2 and MRT3 crossing at Cubao, Quezon city.
Photo by Darwin Ofiana
Various Computerization Projects such as Electronic Records and Document Management System
(ERDMS), Computerized Maintenance Management System (CMMS), Cloud System Migration under
Systems and Process Improvement Program as endorsed by the Regional Development Council-
National Capital Region (RDA-NCR) are also in the pipeline in 2021. The agency will also pursue the
re-certification of its ISO Quality Management System (QMS) 9001: 2015 by 2020 for the continual
improvement of the overall internal efficiency of the Authority. A new technical course on Train Traffic
Program is also proposed for accreditation to TESDA in 2020 through the LRTA’s Philippine Railway
Training Center (PRTC).
The LRTA will also engage in various studies/researches relating to the improvement of LRT systems
and processes. In line with this, a team composed of Asset Management Division (AMD), Engineering
Department, Planning Department, and Accounting Division will come up with a study on the Life Cycle
Cost (LCC) of LRTA Assets as a preparatory activity for the project on localization of parts, systematic
replacement of equipment and parts and other asset preservation initiatives. The preparatory activities
for the project on the establishment of Rolling Stocks Restoration and Diagnostic Laboratory are also
ongoing in collaboration with the Development Academy of the Philippines.
The LRTA Management extends its appreciation to its people as well as the continued support of
various stakeholders for their dedication, and passion in keeping their commitment to provide the
commuters with efficient means of transportation. The years ahead will showcase our capability as
builders of the future as we contribute in laying the foundation of the Department of Transportation’s 30-
Year Transportation Roadmap (2021-2050). Thus, moving forward, we will further enhance and
strengthen the management, leadership and technical skills and capabilities of our people and the
agency to meet the needs and expectations of our stakeholders.

Key Policy Issuances
Consistent with the government priorities and with the implementation of its Quality Management
System (QMS), the agency has executed various general administration related policy issuances and
Board authorizations as well as signed Agreements aimed at enhancing and strengthening its corporate
governance, operational and organizational management. The list of LRTA Board approvals/
agreements and General Administration related polices can be viewed in Annex “A” and “B”
of this report.
Operational Review
Ridership
The ridership patronage for the period ending 31 December 2019, which is recorded at 56.98 Million, is
86.49 % of the target or a drop by 11.93 % compared with the same period last year or 13.51% lower
than its target for the period under review.
LRT 2 Ridership (in Millions)
as of 31 December 2019
Target Variance from Variance from

Actual 2019 Actual 2018
2019 Target (%) Actual 2018 (%)
Ridership 65.88 56.98 64.70 -13.51% -11.93%
Daily Average 182,480 159,615 179,211 -12.53% -10.93%
Highest Daily Ridership 249,701 241,125 -3.56%
Date 06 Sept (Friday) 02 Feb (Friday)
The noted decrease is attributable to several factors such as, among others, the K-12 implementation,
the declaration of holidays, free rides, class suspensions due to typhoon and other fortuitous events
such as the eruption of the Taal Volcano, provisionary services in some LRT 2 stations and the incident
involving the Fire Damage of Rolling Stock Substations Nos. 5 and 6 and other auxiliary system
on October 3, 2019.
The fire incident, which considerably damaged two (2) Rectifier Substations (RSS) of the LRT Line 2
System, resulted in the suspension of operation for the whole LRT Line 2 for about four (4) days and
the shutdown of operation of three (3) stations in Anonas, Katipunan in Quezon City, and Santolan in
Pasig City. Thereafter, LRTA implemented a degraded operation with only eight (8) stations operational
from Recto to Cubao and vice versa . This scenario posted serious challenge to the Authority as well as
the daily LRT Line 2 passengers.

Left: Passengers aboard the Shuttle Bus provided by MMDA from Santolan to Cubao Station and vice versa.
Right: MMDA Spokesperson and Assistant Secretary Celine Pelagio coordinates with MMDA and LRTA personnel.
To address the issue, the deployment of alternative public transport systems was put into operation with
the support from different government and private agencies such as among others, the Department of
Transportation (DOTr), Metropolitan Manila Development Authority, Philippine Coast Guard, Land
Transportation Franchising and Regulatory Board (LTFRB), Land Transportation Office (LTO),
Philippine National Police-Highway Patrol Group, Inter-Agency Council for Traffic, the various private
bus, and modern PUV companies. The Bus Augmentation Program was implemented with the
deployment of free bus rides and Point-to-Point (P2P) buses along Marcos Highway. As to LRTA’s part,
some of its personnel from the Safety and Security Division (SSD), Knowledge Management and
Information Technology (KMIT) Division and Security services personnel were deployed to monitor bus
and passenger traffic and ensure the safety and security of everyone under the leadership of the LRTA
Administrator with his Deputy Administrator for Operations and Engineering as the Team Leader.
The degraded operation significantly affected ridership as it dropped by an average of 37% for the
months of October to December. Only eight (8) out of eleven (11) stations are operational (Recto to
Cubao) with remaining stations such as Anonas, Katipunan and Santolan expected to partially operate
by June 2020.
Line 2 Monthly Comparative Ridership

2019 vs 2018
6.00
5.00
In Millions
4.00
3.00
2.00
1.00
0.00
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018 2019 2019 Degraded Operations (Cubao to Recto Stations vv)
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TOTAL
2019 5.59 5.05 5.61 4.11 4.84 4.74 5.59 5.69 5.94 3.28 3.46 3.09 56.98
2018 5.79 5.44 5.21 4.90 4.97 4.87 5.35 5.82 5.57 6.01 5.47 5.29 64.70
Variance (%) -3.48 -7.21 7.58 -16.10 -2.61 -2.81 4.37 -2.25 6.65 -45.34 -36.70 -41.63 -11.92
On a month to month comparison, October 2019 posted the highest percentage decrease of 45% due
to the fire incident as compared to the same period last year while August was the lowest, which only
dropped by 2.25%. Figure 3 and Table 2 illustrate the comparative ridership for the indicative years.
Left: Commuters line up in
Cubao station as the LRT-2
implements partial
operations from Cubao to
Recto and Recto to Cubao
stations on Oct. 08.
Photo by Philippine Star/
Michael Varcas
On a five-year comparison, the lowest ridership patronage was recorded in 2019 with only 56.89 Million.
The average ridership from 2015 to 2018 is 64.97 Million, but in 2019, it dropped by 12%.given its
degraded operation.
Line 2 Ridership for the Past Five (5) Years
68.00
64.00
In Millions
60.00
56.00
52.00
48.00
2015 2016 2017 2018 2019
Series1 62.21 67.00 65.96 64.70 56.98
Train Service
For the period ending December 2019, the average trains running were six (6) trains, equivalent to 60%
of the total target of ten (10) trains or less than 25% compared to the same period last year. The chart
below shows the trains running for the year 2019 (monthly), wherein the average commercial trains
were reduced in September until December.
Line 2 Monthly Trains Running during Peak-Hour
2019 vs 2018
10
9 Actual 2018
8
7
6 Actual 2019
5
4
3
2 Actual 2019 (Degraded
Operations-Cubao to
1
Recto Stations vv)
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Note: The Monthly target for CY2019 was 10 trains running

At the start of the year, it can be noted
that of the total (10) trains, (8) were
running and (2) trains were under R-
Maintenance. In the 1st Quarter 2019,
the Maintenance Contractor was able
to restore (1) of the (2) trains under R-
Maintenance, thus, it enabled the
increase in the number of available
trains by nine (9). However, with the
collision incident on May 18, 2 019
which involved two (2) trainsets (No.
Trainsets for restoration at the LRT 2 Depot
13 & 18), the total 9 trains were Photo by Mark Balmores
reduced to seven (7).
Efforts were made by the Authority to increase the train availability, hence, the Engineering
Department, in coordination with the maintenance provider was able to restore the other (1) train under
R-Maintenance in August 2019 such that LRTA was able to have a total of 8 operational trainsets for
deployment. The two (2) trains that were damaged in the collision will be restored in 2 nd Quarter 2020
(Train No.18) and 3rd Quarter 2020 (Train No. 13).
To address the on-going reduction of train availability, the Authority, under its Rehabilitation Program,
instigated the restoration of additional four (4) down trainsets of which three (3) trains are targeted for
restoration by the 3rd quarter of 2021 and the remaining one (1) train by the 4 th Quarter of 2021. By the
end of 2021, a total of 14 trainsets will be in full operation. As a long term plan, LRTA will acquire new
(14) trainsets, which shall be also in time for the operation of the Line 2 East and West West Extension
Projects. Delivery schedule of 14 Trainsets can be gleaned below.
Total of Additional
Seven (7) trains by Five (5) trains by Two (2) trains by
st
1 quarter of 2023
nd
2 quarter of 2023
th
4 quarter of 2023
14 Trains
th
by 4 quarter of 2023
As regards headway or the interval of arrival of trains, the system registered at 8 minutes as a result of
only six (6) trains running at 50 minutes loop time. Meanwhile, the service interruption recorded an
average of 14.30 minute, which is 6.96% higher than its target of 13.37 minutes, and also higher by
49% from the previous year, which could be attributable to the reduced number of commercial trips.

Load Factor
Along with the decline in the patronage is the decrease in the load factor. The registered load factor
during peak hour was 59.03% lower by 7.61% as compared to last year. However, this remains to be at
within its acceptable level of 44-65%. This means that the LRT 2 manages to provide train service to
passengers within a comfortable level while on board. The relational effect in the reduction of trains
running vis-a-vis the required commercial trips was one of the factors for this decline.
Load Factor during Peak-Hour

2019 vs 2018
59.03% 63.89%
Actual 2019 Actual 2018
Acceptable level of Load Factor: 44-65%
Financial Review
Rail Revenue
The revenue collection for the period ended registered at P1, 068.66 Million which is 84% of the annual
target. As compared to the same period in 2018, the collection decreased by 14.13% due to the
reduction in ridership patronage due mainly to the degraded operation during the last quarter of the year.
Line 2 Rail Revenue

2019 vs 208
1,300.00 1,271.39
1,244.54
1,200.00
%
1,100.00 1,068.66
Decrease/ Increase
Over 2019 Target
1,000.00 Over 2018 Actual
-15.95% -14.13%
900.00
Target Actual 2019 Actual 2018

Non-Rail Revenue
On a positive note, the non-rail revenue rose by Non-Rail Revenue Collection (Php in Millions)
21.17% or P 494.96 Million from last year’s
600 Variance (%): 21.17%
P408.49 Million collection due mainly to the 494.96
increase in interest income earned from deposits 408.49
400
and fund management, such as placements in
High Yield Savings. The additional income 200
earned from the sale of unserviceable property
amounting to P 892.857, likewise, contributed to 0
the increased revenue. 2019 2018
Meanwhile, rental collection posted a negative perf %

Non-Rail Revenue 2019 2018
ormance of 3% due to the degraded operation. Inc./Dec.
Rental 123,028,861 127,250,836 -3.32%
Similarly, the miscellaneous income dropped by
Other Serv. Income-
33% from the previous year due to the decrease in Gross Avail.Pyt. (AFPI)
41,529,290 41,145,047 0.93%
number of educational tours and promotional Miscellaneous 363,261 546,351 -33.51%

activities/filming. Interest Income 329,144,092 239,543,154 37.40%
Sale from
892,857 - -
Unserviceable Property
Total 494,958,361 408,485,388 21.17%
Operating Expenses
The operating expenses increased by P99.54 Million or 7% compared to the same period last year.
The following factors gave rise to the increase in the direct and indirect costs:
1. Implementation of salary adjustment based on the 4th tranche salary schedule of the approved
compensation adjustment for civil service personnel and the consequent increase
in the mid-year and year-end bonuses.
2. Higher consumption of spare parts for the maintenance of LRT 2 System (rolling stocks
& signaling system);
3. Implementation of salary increase of personnel under the Contract of Service scheme.
Operating Expense 2019 2018 % Inc./Dec.

Materials 135,908,813 58,370,073 132.84%
Overhead 187,731,533 144,795,988 29.65%
Power 199,961,189 209,656,755 -4.62%
Maintenance of LRT System 212,479,188 303,812,108 -30.06%
PS 509,800,798 466,800,798 9.21%
MOOE 214,309,831 177,217,831 20.93%
TOTAL 1,460,191,352 1,360,653,553 7.32%

For 2019, the highest recorded operating expense was for the Personal Services with percentage share
of 35% of the total expenditures, while the lowest expenditure is on materials expenses with 9% share
of the total recorded expenses. The increase in mid-year bonus was due to the implementation of the
salary adjustments as well as the Implementation of salary increase of the Contract of Service personnel.
2019 Operating Expenses 2018 Operating Expenses
Materials 13%4%11% Materials

15% 9%
13% Overhead Overhead
Power 16% Power
14% Maintenance 34% Maintenance
35%
14% PS 22% PS
MOOE MOOE
Farebox Ratio
The farebox ratio, which is the ratio of gross revenue to operations and maintenance costs, registered
at 0.74 which is 19% higher than its target of 0.62. Such decrease is attributed to the reduction of the
rail revenue to cover the operating expenses. The target subsidy also reduced from P 0.38 for every
P1.0 operating expenses to P 0.26. As compared to the same period last year, a reduction of P 0.18
or 19.57% was posted due to decreased revenue as a result of reduced ridership
and increased operating expenses.
%
Dec./Inc.
Over Target
Over 2018
19.35% -19.57%
Target: 0.62 2019 Actual: 0.74 2018 Actual: 0.92
Service Performance
Conveyance System
As of December 31, 2019, 31 elevator units are fully operational with one (1) non-operational unit in
Legarda station. Meanwhile, of the total 58 escalators, only 12 are operational, while 46 are non-
operational. One unit is under repaor while the remaining 45 units are now being replaced, with 19 units
or 44.22% already installed in December 2019.
Elevators Escalators
Operational: 31 Operational: 12
Non-Operational: 1 Non-Operational: 46

Safety and Security Services
As continuing efforts to strengthen the safety and security services of LRTA, the SSD conducted various
initiatives for the year 2019, as follows:
 Acted as coordinator for all LRTA-wide transportation
intelligence-security policy, emergency preparedness,
response and recovery activities with the Office for
Transportation Security (OTS)-DOTr, MMDA, PHIVOLCS,
National Disaster Risk Reduction and Management Council
(NDRRMC) for the effective and efficient management and
direction of the LRTA Intelligence, Safety, Security and
Emergency Quick Response Teams in the implementation
of systematic risk-reduction functional areas of responsibility.
 Took the lead in conducting safety inspections.
 Strictly implemented “NO INSPECTION, NO ENTRY” Policy

in all LRTA Stations and Depots
 24/7 deployment of K-9 (Bomb-sniffing dogs) Units along

the revenue lines on board train and Depot areas, before,
during and after revenue operations.
 Customer Service assistance to passengers and

familiarization tour participants.
 Coordinated with the Operations Dept. in the mopping and

track clearing prior to the start of revenue operations.
 Approved work clearances for Maintenance Contractors and

Sub-contractors implementing any type of work/ project in
the Stations, Depot and other LRTA assets.
Above: Head of LRTA Safety
and Security Division, Mr.  Conducted Safety and Security related trainings and
Jimmy Chua supervises the promoted awareness to all LRTA employees and other
bus augmentation after the
stakeholders when necessary
fire incident last Oct 2019.
 Assisted in the bus augmentation scheme

Passenger/Customer Services
The LRTA maintains an effective and efficient operation, focused on

meeting customer objectives with the purpose of providing quality,
reliable, safe and convenient service to the public.To further improve
customer relations and achieve client satisfactions, several initiatives
were conducted by the Agency , such as, among others:
 LRTA conducted two (2) Customer Satisfaction Surveys on

September 19-30, 2019 and December 19-20, 2019 in
partnership with the private organization focusing on the key
areas of operations of LRTA wherein the agency achieved a
“Very Satisfactory Rating”. The survey methodology is in
accordance with the Guidelines prescribed by the Governance
Commission for GOCCs (GCG),
 Signed Memorandum of Agreement (MOA) for Balita Central on

February 28, 2019 at LRT Line 2 Cubao Station
 Signed Memorandum of Agreement (MOA) for Armed Forces of

the Philippines on July 15, 2019 at Camp General Emilio
Aguinaldo, Quezon City
 Signed Memorandum of Agreement (MOA) for Inquirers Libre
on December 12, 2019 at LRT Line 2 Depot, Pasig City
 Distributed Malasakit Help Kits to passengers during Oplan

Biyahe Undas and Oplan Biyaheng Pasko
 Conducted pertinent events related to LRTA Anniversary

celebration, Halloween and Christmas celebration at the
revenue line
 Partnered with the following agencies for posting of promotional

materials at the revenue line:
 UNICEF  Offices of the
 OWWA Presidential Adviser
 ABS-CBN Bantay Bata on the Peace Process
 Philippine Dental
 Philippine Science High School
Association
 Komisyon sa Wikang Filipino  Council for the
 Operations Smile Welfare of Children
 Inquirer Publications  Philippine National
 Scientific Massage Reflexology Red Cross
 House with No Steps

Major Programs and Initiatives Implemented
LRTA Extension Projects
LRT1 South Extension Project
ROW Acquisition
Basic ROW Additional ROW Basic + Additional ROW
ROW Package %
Target Actual % complete Target Actual % complete Target Actual complet
e
A. Package 1
From Baclaran to Dr. 99 99 100% 19 6 31.58% 118 105 88.98%
Santos Station
B. Package 2
From Dr. Santos to 70 48 68.57% 3 0 0% 73 48 65.75%
Zapote Station
C. Package 3
From Zapote to Niog 36 27 75% - - - 36 27 75.00%
Station
TOTAL 205 174 84.88% 22 6 27.27% 227 180 79.30%
Status: Remaining lots are on-going acquisition either negotiation or expropriation. Changes/minor shift in project
alignment and station location resulting to additional ROW. Further, changes in targets from 64 to 70 lots (Package 2)
and 51 to 36 lots (Package 3) were due to approved modified C1-A alignment.

Relocation of Informal Settlers Families (ISFs)
ISFs based on 2015 Census Additional ISFs 2015 Census + Additional ISFs
Location %
Target Cleared % complete Target Cleared Target Cleared % complete
complete
A. Package 1 585 585 100% 166 166 100% 751 751 100%
B. Package 2 165 0 0.0% 0 0 0% 165 0 0%
C. Package 3 375 0 0.0% 0 0 0% 375 0 0%
TOTAL 1125 585 52% 166 166 100% 1291 751 58.17%
Status:
- On-going marking of boundaries & house-listing of the families affected by the project alignment for Packages 2 & 3.
- On-going finalization of draft MOA with Las Piñas and Bacoor re: ISFs Resettlement Activities.
Note: Above data only represents affected ISFs on basic ROW and may subject to change.
Utility Relocation
%
Utilities Target Actual Status
complete
Continued with the relocation of the remaining utilities

and securing permits from CIC and PRA. Jobs 1 & 10
A. POWER (MERALCO) 30 6 20% were recently relocated/completed.
01 October 2019: Issued Notice to Proceed (NTP) to
Meralco.
26 September 2019: Joint-inspection conducted at
Package 1 alignment with representatives from DOTr,
LRMC-EPC, LRTA & Telco providers.
B. TELCOS
19 July 2019: LRTA BOD approved the 5 TELCO
Memorandum of Agreement (MOA): Globe, Eastern,
Skycable, Cablelink and Radius.
On-going permitting and concurrence of relocation plan
B.1 PLDT 4 0 0% 09 October 2019: Signed MOA between LRTA and
PLDT
B.2 RADIUS 6 0 0% On-going review of MOA by RADIUS
12 December 2019: PMO forwarded a letter to

B.3 CABLELINK 10 0 0% Cablelink requesting Joint Pole Agreement with Meralco
and other Telcos.
B.4 GLOBE 9 0 0% On-going review of MOA by Globe
B.5 EASTERN 5 0 0% On-going review of MOA by Eastern
Skycable requested concurrence of relocation plan by

B.6 SKYCABLE 5 0 0%
LRMC/EPCC before submission of MOA

Utility Relocation
%
Utilities Target Actual Status
complete
29 November 2019: LRTA Board of Directors (BOD)
approved the MOA for secondary pipes between LRTA
and Maynilad.
C. WATER (MAYNILAD) 9 0 0% 01 October 2019:Conducted re-tagging inspection with
Maynilad-EPC-LRMC-DOTr-LRTA.
28 August 2019: Forwarded copy of MOA to Maynilad
for their review and revision.
Other Activities
Funding Project
Project/Activity Status
Source Cost
1. Contract for the Services for GAA 2011 Project implementation in progress.
the Clearing of All Municipal (LRTA) & PHP387 29 Aug 2019: Issued NTP to the Contractor
Waste Materials at Pulang Lupa GAA 2018 MILLION 28 Aug 2019: Signed MOA between DOTr & LRTA-
Dumpsite (DOTr) Download/Transfer of Additional Funds to LRTA
2. Contract for the Services for Awaiting schedule of pre-procurement conference.

the Demolition, Design and 27 November 2019: Pre-procurement conference
Reconstruction of the Affected 30 October 2019: Forwarded to Procurement
Supplemental PHP2.209 Division for procurement process.
Portion of the Structures
2019 APP MILLION 18 Sept. 2019: BOD approved the revised TOR.
Demolished or Removed all of
which are within the LRT1 Cavite 10 May 2019: Pre-procurement conference
Extension Project Alignment 22 March 2019: LRTA BOD approved the project
On-going rectification works of the remaining

facilities.
3. Construction of Relocation 28 November 2019: Conducted Joint Inspection
PHP385.3
Units and Amenities for Informal GAA 2011 with LRTA Inspection Team regarding rectification
MILLION
Settler Families works of 3-school buildings and 2-water pumps.
Percent, Physical: 100% as of July 11, 2017
Percent, Financial: 95% as of July 2017
4. Appraisal Services with Appraisal services in progress.
Appearance Fee of Various Real Supplemental PHP490,0 12 December 2019: Issued NTP to the Contractor.
Properties of Line 1 Cavite 2019 APP 00.00 31 October 2019: Issued Notice of Award to the
Extension Project- 14 lots Contractor

Top photos, from left to right: 4G Train Technical Meeting – January 18, 2019; Delivery of Mock Up Train (4th Generation LRVS) in Batangas-
January 13, 2019; Type Test Inspection of Traction Inverter Motor for LRVS in MELCO AMAGASAKI, Japan- May 14-17, 2019; Technical Working Group
Meeting on the Convergence Program for the LRTA relocation Project in Brgy. Santiago, Gen, Trias, Cavite- June 22, 2019
Above photos, from left to right: Contract Signing of De pot Works- February 28, 2019; Unveiling of the Mock-Up Train in Paranaque City- May 8, 2019;
Ms. Eleonor Palaypayon, Line 1 South Extension Project Manager, as Resource Speaker for the Philippine Railway and Technology Summit in Manila Hotel –
June 20-21, 201; Endurance Routine Test of Doors for 4G LRVs, Kengni Factory, China, June 25, 2019
JICA-ODA Component
Supply of 120 New Rolling Stock LRVs Expansion of the Existing Depot at Baclaran and
for LRT Line 1 South (Cavite) Project Name Construction of a New Satellite Depot at Zapote for
Extension Project LRT Line 1 South (Cavite) Extension Project
P-JLPH255-02 Contract Number P-JLPH255-04
GPH and JICA Loan No. PH-P255 Source of Fund GPH and JICA Loan No. PH-P255
MITSUBISHI CORPORATION (MC) Contractor SHIMIZU CORPORATION
Zapote: 730 CD (24 Months)
Original Contract Baclaran: 548 CD (18 Months)
1460 Calendar Days (CD) (48 Months)
Time Depot Maintenance & Equipment: 1217 CD (40
Months)
01 March 2018 Project Start Date 24 June 2019
28 February 2022 Project Complete Date 23 October 2022
Percent, Physical
31.34% 8.90%
(Target)
-0.29% Percent, Slippage -0.50%
1. Zapote Depot Satellite (% complete: 8.40%)
On-going engineering design and approval.
On-going unsuitable excavation, sand blanket & soil
1. On-going train manufacturing (TS1 & TS2) improvement
2. On-going approval of Original Test Protocol
and Factory Test Protocol. 2. Baclaran Depot Expansion (% complete: 9.92%)
3. Regular interface coordination meeting with On-going formworks, rebars and concreting of OCS foundation
Alstom-Signaling System at Area 1 & 2
4. On-going finalization of Coordination
Procedure between MC and LRMC 3. Administrative Building Renovation
(% complete: 10.57%)
February 8, 2019: Mock-up train was delivered On-going dismantling of works at 1st Floor and 2nd Floor of
at EPCC site office Admin Building (Area 1 & 2)
May 7, 2017: Launching date of Mock-up train.
4. Depot Maintenance & Equipment
(% complete: 2.14%)
On-going Detailed Final Design – I

Top left: Ribbon Cutting
for the Improvement of
EDSA Station in Pasay
City- October 21, 2019
(Photo by LRMC); Factory
Acceptance Inspection
(FAI) of Semi-Permanent
Coupler in Madrid, Spain-
November 6, 2019
Below left: MOA Signing

of Bike Laine Project in
Pasay City- July 24, 2019;
Inspection with DPWH
Road Maintenance in
Zapote Depot- October
22, 2019
LRT 2 East Extension Project
 98.43% completed for the Civil Works Consultancy
 96.12% completed of the construction of Design and

Build of Stations (Package 2)
 70.68% completed for the Electro Mechanical Consultancy
 37.56% completed for the Design and

Construction of Electro-Mechanical Equipment (Package 3)
Left: Ceremonial Track-laying and Installation of the Electro-Mechanical System

last April 16, 2019 at the Emerald Station, Marcos Highway.

A bird’s-eye-view of the on-going LRT 2 East Extension Project
along Marcos Highway. Photo by Kenneil Jover
LRT 2 West Extension Project
 Public Scoping of LRT Line 2 West Extension

Project on December 10, 2019
 Award of Contract for the Consultancy Services

for LRT Line 2 West Extension Project for the
following corporations: JF Cancio and
Associates (JFCA), TCGI Engineers Key
Engineers Co., Soosung Engineering and
Consulting and Korea Rail Network Authority
(KRNA) on July 19, 2019
Rehabilitation Project
 Replacement of Rolling Stock Air-Conditioning Units for Ten (10)
Trainsets on May 24, 2019. This project complied with R.A 8749
also known as Clean Air Act of 1999.

2019 Performance Scorecard
Based on the CY 2019 Performance Scorecard, major projects/activities of the Authority were targeted
for completion by December 2019. The measures under the scorecard are considered to have
breakthrough results that address the following perspectives: Customer/Stakeholders, Internal Process,
Financial and Learning and Growth.
For the period ended December 2019, the status of the targeted accomplishments for 2019 on
programs/projects/activities (P/P/As) based on the CY 2019 Performance Scorecard approved by the
Governance Commission for GOCCs (GCG) is presented in Table 12.
Performance Scorecard CY 2019

Component
As of December 31,
Strategic Objective Annual Rating
Rating 2019
(SO)/ Strategic Formula Weight Target (%)
System Accomplishment
Measure(SM)
SO
Increased Passenger Ridership
1
SOCIAL IMPACT
For L1: 163.32

0% L1: 161.22 Million 0.00%
SM Increased Absolute Figure monitoring Million
1 Passenger (in Millions) purposes L2: 68.63
Ridership 0% only L2: 56.98 Million 0.00%
Million
Sub-total 0% 0.00%
SO
Improved Customer Satisfaction
2
90%
Number of (Using the
CUSTOMER & STAKEHOLDERS
respondents which Actual/Target Standard

Percentage of x Weight
SM gave at least a Methodology Line 1 : 90%
Satisfied 7% 7.00%
2 Satisfactory rating/ 0%=If less and Line 2: 92%
Customers
Total number of than 80% Questionnaire
respondents developed by
the GCG)
SO
Addressed Increasing Demands for the Existing Lines and New Mass Transit Systems
3
100%
completion of
the 96.12% completion of
Line 2 East Actual /
SM Percentage of construction the construction of
Extension 10% target x 9.61%
3 completion of Design and Design and Build of
Project weight
Build of Stations (Package 2)
Stations
(Package 2)

Component
As of December 31,
Rating 2019
Measure(SM)
 68.81% (75/109
lots) acquired
Right-of-Way
for Packages 2
& 3. (13.76%)
 Draft
Relocation of Memorandum
540 ISFs of Agreement
(MOA) under
Actual / under
review. (10%)
Construction target x Packages 2
SM of Line 1 South Actual weight and 3  Conducted
10% 2.87%
4 Extension Accomplishment markings of
Project (With request boundaries &
for house-listing of
Renegotiation affected ISFs
with GCG) (5%)
 The
performance
posted
28.76%
complete.
Sub-total 27% 19.48%
SO
Ensured Delivery of Performance by the Private Concessionaire
4
95% and
Percentage of above= 10%
Compliance of
compliance to 94%= 9%
Concessionaire
Secondary KPI 93%= 8%
to Performance
SM (No. of Rectified
Commitments 10% 92%=7% 95% 99.43% 10.00%
5 Noncompliance
under the 91%=6%
÷Total No. of
INTERNAL PROCESS
Concession 90%=5%
Noncompliance x
Agreement
100%) 89.9% and
below=0%
Compliance of
Line 2
Percentage of
Automated
compliance to SLA 100%
Fare Collection Actual /
provisions (No. of
System
SM provisions target x (With request
(AFCS) 10% 93.81% 9.38%
6 complied ÷ Total weight for
Concessionaire
number relevant Renegotiation
to Service
provisions) x with GCG)
Level
100%)
Agreement
(SLA)
SO
Improved Efficiency and Reliability of LRT Systems and Processes
5
Six (6)
projects
INTERNAL
PROCESS
No. of projects
Improve Actual
completed 12%
SM Systems and /Target x (With request One (1) project 2.00%
(Physical
7 Facilities Weight for
Completion)
Renegotiation
with GCG)

Component
As of December 31,
Rating 2019
Measure(SM)
Pass Issued Continued
SM ISO Actual All or Surveillance Certification of QMS to 10.00%
10%
8 Certification Accomplishment Nothing Audit for ISO ISO 9001:2015 dated
9001:2015 September 23, 2019
80%
Actual award / Actual (With request
SM Budget
(total GAA Budget 5% /Target x for 14.15% 0.88%
9 Utilization Rate
+ Spare Parts) Weight Renegotiation
with GCG)
SO
Maintained Sustainability of Financial Conditions
6
Rail 0.69
Revenue/Operating Actual (With request
SM 0.73
Fare box Ratio Expenses 10% /Target x for 10.00%
FINANCIAL
10 (Based on tentative FS)

(excluding Weight Renegotiation
depreciation) with GCG)
Actual Revenue
Actual
SM Improved Non- from commercial 131.775
6% /Target x 142.17 Million 6.00%
11 Rail Revenue and advertising Million
Weight
spaces
SO
Achieved Railway System Competency and Expertise
7
Percentage of Employees with 100% of
LEARNING AND GROWTH
Employees competency gaps Actual Employees 100% of Employees

SM
Meeting determined / total 5% /Target x Meeting Meeting Required 5.00%
12
Required number of Weight Required Competencies
Competencies employees Competencies
Establishment
of Philippine Actual 30 Enrollees Twenty Eight (28)
SM Actual
Railway 5% /Target for the Module Enrollees for the 4.67%
13 Accomplishment
Training Center x Weight Offered Module Offered
(PRTC)
Sub-total 10% 9.67%
TOTAL 100% 77.41%

Other Important Milestones
Key Internal and External Stakeholders Consultations
As part of the Pre-Planning process, the Planning Department,

through the Corporate Planning and Research Division (CPRD),
regularly conducts stakeholder consultations, which aim to gather
information from the key internal and external stakeholders who
could provide insights on the performance and future directions of
the agency. The activities include the conduct of survey and
consultative workshops for Rank and File and Supervisors as well
as gathering of inputs from the LRTA Board and passenger’s perceptions.
In 2019, the CPRD spearheaded the conduct of the first online

stakeholder consultation through the use of an online survey tool,
Survey Monkey, for the Rank and File and Supervisor employees
of LRTA on August 7, 8 and 9, 2019. The primary objective of the
Top: Mr. Christian Salazar of CPRD survey is to measure the level of awareness of the participants on
orients some LRTA employees on the the organization plans and strategies. Moreover, the activity
use of the online survey tool intends to determine continuing validity of issues based on the
Above: CPRD Staff Ms. Cristy Climaco
results of the Consultative Planning Workshop conducted in the
assists various employees in their previous year as part of employee’s engagement activity. A survey
online survey was also conducted for the Board of Directors to solicit for direction
and validation of the existing vision for the Authority considering the current conditions or the political
and socio-economic environment. Likewise, a separate survey was conducted for suppliers/
contractors/ concessionaires and oversight agencies in collaboration with our Business Development,
General Services and Procurement Divisions.

LRTA’s Annual Corporate Planning workshop attended by
the Department and Division Managers at the LRT2 Depot
last September 13 and 16, 2019

ISO 9001: 2015 Certification
Ceremonial Award of the ISO Certificate of Recognition on

QMS under the ISO 9001: 2015 Standards held last January
24, 2019 at Line 2 Depot, Pasig City
LRTA Deputy Administrator Paul Chua (4th from left)

received the certificate of recognition from GMQC on
October 24, 2019 at PICC on behalf of LRTA
Issued to LRTA Continued Certification of QMS to ISO 9001: 2015

last September 23, 2019
Philippine Railway Training Center (PRTC)
As of December 31, 2019, the

PRTC was able to secure
twenty-eight (28) enrollees for
the Train Driving Module

Employment Generation
LRTA has enrolled a total of 2,795 jobs for the implementation of various LRTA projects as of
December 31, 2019 under the Employment-generation Program of the government, 18.5% % higher as
compared to the same period last year. Table 19 presents the details of the number of jobs generated
through the various projects that it currently implements.
Employment Generation Program

No. of Jobs Generated
Project Management Office (PMO) Remarks
2019 2018
Based on the manpower complement
LRT Line 1 South Extension Project 554 323
by the Contractors
LRT Line 2 East Extension Project1 1,822 1,900
by the Contractors
Lines 1 and 2 Rehabilitation Project 419 136
by the Contractors
Total 2,795 2,359
Source: Signed 2018-2019 Community Based Employment Program (CBEP) Monitoring Form from the PMOs
Gender and Development and Accessibility Program
In support of the implementation of Gender and Development, the LRTA GAD Focal Point System
Committee and TWG has conducted and accomplished various initiatives for the year 2019, as follows:
Attended and participated in the capacity building activities and regular meetings of the DOTr GAD Rail
Sector for its GAD Focal Point System Committee and TWG
GAD Trainings CY 2019
Title of Seminar/Workshop/Meeting No. of Participants from LRTA

Railway Sector GAD Web Based Toolkit Meeting on January 16, 2019 Total: 3 (Male-1, Female-2)
Railway Sector GAD Web Based Toolkit Meeting on January 22, 2019 Total: 5 (Male- 2, Female- 3)
Railway Sector GAD Web Based Toolkit Meeting on February 12, 2019 Total: 4 (Male- 0, Female-4)
Seminar-Workshop on the Preparation Of Sex-Disaggregated Data
Template and GAD Related Laws and Mandates Total: 8 (Male-4, Female-4)
on February 19-20, 2019
Seminar-Workshop on the Formulation of Strategic Framework
Total: 5 (Male-1, Female-4)
(GAD Agenda) on March 21-22, 2019.
GAD Railway Sector Meeting on April 12, 2019. Total: 5 (Male-0, Female-5)
GAD Railway Sector Meeting on the Evaluation of Gender
Responsiveness of the Metro Manila Subway Project (MMSP) – Phase 1 Total: 2 (Male-1, Female-1)
and PNR North 1 using the HGDG Checklist/Toolkit on April 16, 2019.
Seminar-Workshop on the Formulation of GAD Strategic Plan Template
Total: 5 (Male-2, Female-3)
on May 28-29, 2019.
Finalization of GAD Rail Sector Agenda on June 24-25, 2019. Total: 2 (Male-0, Female-2)

The Light Rail Transit Authority joins
Left: LRT 2 offers free ride to women in

celebration of the Women’s Day 2019
Above: LRTA staff installed a Passenger Photo
Booth at LRT 2 Cubao Station
Right: Women’s Month streamers and
banners installed in all LRT Line 2 stations
Other activities for the2019 Women’s month includes Recognition of Women Employees (AlaGAD ng Riles)
in the Railway Sector on 11 March 2019, Distribution of collaterals to LRT2 passengers, Ceremonial Lunch
participated by 500 LRTA employee, Distribution of GAD T-shirts to LRT 2 front-liners and other LRTA staff
and Initiated Gender and Development (GAD) and Accessibility programs and projects such as capacity-
building activities to create awareness, enable gender mainstreaming and improvement of facilities within
the agency in compliance with the requirements related to GAD, BP 344 (Accessibility Act), Republic Act
(RA) 7277 (Magna Carta For Disabled Persons) and RA 9442 (Amendment of RA7277).
Local and Foreign Engagements
LRTA as a caring and nurturing organization continuously developed the potentials and talents of its
employees through training and development courses. To develop the potentials of its employees,
LRTA, through its Training Unit, was able to conduct various training and development courses for the
period under review. The complete list of local and foreign engagements can be viewed in Annex “C”
of this report.

07
CORPORATE SOCIAL
RESPONSIBILITY
Photo by: Jose Vicente M. Aoanan

IV
LRTA-CSR
LRTA personnel poses with the Tala Leprosarium Staff during the Corporate Social Responsibility activity of LRTA last 17 August 2019.
LRTA, as part of its Community Social Responsibility (CSR) program; has given provisions to our
brothers and sisters in need at the Dr. Jose N. Rodriguez Memorial Hospital and Sanitarium
(DJNRMHS), in Tala, Caloocan city last 17 August 2019. LRTA brought voluntary contributions from
employees such as slippers, coffee etc. for the leprosarium patients.
The hospital currently

serves as the principal
referral hospital for
leprosy patients and the
premier training and
research center for
leprosy care and
management in the
Philippines. It also
serves the public health
needs of community
members of Tala and
nearby areas.

08
GOOD
GOVERNANCE
Photo by Jirwin Ryan Andrada

Corporate Good Governance
The LRTA is fully compliant and adheres to the commitments and principles of Code of Corporate
Governance. To ensure effective and efficient performance of management system, LRTA implemented
its Manual of Corporate Governance which governs the performance by the Board of Directors
(“Board) and Management of their respective duties and responsibilities to the State and the Stakeholders.
The corporate governance framework is governed by the following principles:
 Transparency, accountability and fairness, strict conduct of business in accordance with the rule of
law and support the primary goals and objective of the government
 Timely and accurate disclosure of all aspects of LRTA’s business;
 Strategic guidance in accordance with the objective set by the government , the effective
monitoring of Management by the Board, and the Board’s accountability to the corporation, the
government and other stakeholders
 Active cooperation with stakeholders in creating wealth, jobs and sustainable financially sound
enterprise.
As commitment to the principles of Good Corporate Governance, LRTA has been an active partner of the
Government in national development through the delivery of public service promoting transparency,
accountability and fairness as well as support in vital government initiatives. Among the good
governance initiatives of the LRTA are as follows:
 Adherence to the Law on Freedom of Information (FOI) with a customized FOI Manual already
established and posted on the LRTA website.
 Maintaining and updating of the Agency’s Transparency Seal on official website in compliance with
Section 5.0 of the Memorandum Circular 2019-1 dated September 3, 2019 issued by AO 25 Inter-
Agency Task Force (IATF).
 Updating of the Philgeps posting of all Invitation to Bids and Awarded Contracts pursuant to the
Government Procurement Reform Act (RA No. 9184)
 Maintain of the Citizen’s Charter or Service Charter or its equivalent reflecting the agency’s
enhanced services standards for its frontline services as well as the reduction in transaction
time/streamlining of frontline services by 50%
 Conducted its Annual Customer Satisfaction Survey to keep track of the overall level of satisfaction
of the LRT Line 2 riders as well as that of Line 1 and secure actionable customer feedback that can
be used to improve the quality of services provided that would enable us to achieve improved
customer experience.

Whistle Blowing
In response to the need for additional mechanisms to prevent graft and corruption, LRTA established a
policies and guidelines on protected disclosure, imposing upon employees, officials and service
providers of the Authority their duty to disclose and report any wrongdoing of other officials and
employees.
These policies and guidelines encourage confidence in reporting any wrongdoing and provide
safeguards on the rights of the whistleblower and define the conditions for protecting the whistleblower
so as to deter frivolous and false disclosure.
For this purpose, a whistleblower may file a complaint or report acts or omissions that are contrary to
laws, rules and regulations and those acts which are unreasonable, unjust, unfair, oppressive or
discriminatory, undue or improper exercise of powers and prerogatives.
Any complaint or report against an officer or employee will be treated with utmost care and
confidentiality. The LRTA is responsible for the protection of the whistleblower's identity and
whereabouts from any third party, except, as required by law and necessary or indispensable during
the conduct of legal proceedings. The same level of confidentiality shall be observed by the
whistleblower.
The LRTA commit to protect the whistleblower from any criminal, civil or administrative liability arising
from the protected disclosure.
On the same note, no retaliatory action shall be taken against a whistleblower such as, but not limited
to, discriminatory action, including those made under the guise of policy and procedural determinations
designed to avoid claims of victimization, reprimand, punitive transfer and the denial of work necessary
for necessary for promotion, etc.
BOARD OF DIRECTORS
Corporate Powers of the Board
The Board is primarily responsible for the governance of LRTA. It is vested with the legal capacity and
authority to exercise all corporate powers, conduct all mandated business, and to hold all
properties of LRTA.
Board Composition and Membership
The Board comprises of nine (9) members composed of a Chairman, seven (7) ex-officio members and one
(1) member representing the private sector, who shall be appointed by the President. The
Secretary of the Department of Transportation (DOTr) shall act as the Chairman. The ex-officio
members shall be the Secretary/Chairman/Administrator of the Department of Finance (DOF), National
Economic and Development Authority (NEDA, Department of Public Works and Highways
(DPWH), Department of Budget and Management (DBM), Land Transportation Franchising and regulatory
Board (LTFRB), Manila Metropolitan Development Authority (MMDA) and the LRTA.

Membership of Directors in other GOCCs
Name of BOD Member Agency Designation
and PLCs
Being Presidential Appointees/Government
Officials, they become ex-officio members of
SEC. ARTHUR P. TUGADE DOT Chairman the LRTA Board and Board of other
government corporations pursuant to the
mandate of their respective positions.
USEC. TIMOTHY JOHN R. Alternate Chair-
DOT the LRTA Board and Board of other
BATAN man
GEN. DANILO D. LIM MMDA Member the LRTA Board and Board of other
USEC. ARTURO S. GARCIA Alternate
MMDA the LRTA Board and Board of other
JR. Member
ATTY. JOSE M. AROLLADO 2nd Alternate
JR. Member
ATTY. ATTY FERDINAND S. 3rd Alternate
RIVERA Member
SEC. MARK A. VILLAR DPWH Member the LRTA Board and Board of other
Primary Officials, they become ex-officio members of
USEC. MARIA CATALINA E.
DPWH Alternate the LRTA Board and Board of other
CABRAL
Member government corporations pursuant to the
SEC. CARLOS G. DOMINGUEZ
DOF Member the LRTA Board and Board of other
III
and PLCs
ASEC. MARK DENNIS Y.C. Alternate
DOF the LRTA Board and Board of other
JOVEN Member
ATTY. MARYL KARREN ANG 2nd Alternate
DOF the LRTA Board and Board of other
G. GO Member
ATTY. WENDEL E. AVISADO DBM Member the LRTA Board and Board of other
USEC. TINA ROSE MARIE L. Alternate
DBM the LRTA Board and Board of other
CANDA Member
DIR. CARMENCITA P. 2nd Alternate
DBM the LRTA Board and Board of other
MAHINAY Member
DIR. GEN. ERNESTO M.
NEDA Member the LRTA Board and Board of other
PERNIA
Alternate
ASEC. JONATHAN L. UY NEDA the LRTA Board and Board of other
Member
2nd Alternate
DIR. RODERICK M. PLANTA NEDA the LRTA Board and Board of other
Member

and PLCs
CHAIRMAN MARTIN B. the LRTA Board and Board of other
LTFRB Member government corporations pursuant to the
DELGRA

ALTERNATE
ENGR. RONALDO F. CORPUS LTFRB the LRTA Board and Board of other
MEMBER
2ND Officials, they become ex-officio members of
GEN. ANTONIO N. GARDIOLA
LTFRB ALTERNATE the LRTA Board and Board of other
JR.
MEMBER government corporations pursuant to the
GEN. REYNALDO I. BERROYA LRTA Member the LRTA Board and Board of other
Private
ATTY. DIMAPUNO R. DATU Member the LRTA Board and Board of other
Sector
Appointment and Term of Office of Appointive Director
Each Appointive Director is appointed by the President from a shortlist prepared by the GCG for a term of
one (1) year, unless sooner removed for cause, provided however, that each Director shall continue to hold
office until the successor is appointed and qualified.
Appointive Director may be nominated by the GCG for re-appointment only if he obtains a performance
score of above average or its equivalent of higher in the immediately preceding year of tenure based on the
adopted performance criteria for Appointive Director.
Appointment to any vacancy shall only be for the unexpired term of the predecessor and filling up of
vacancy shall be in accordance with the provisions provided for under in this Manual.

Chairman and the Administrator
The Chairman of the Board and the Administrator of LRTA has separate and distinct personality. As stated
in the LRTA’s Charter, the Secretary of the Department of Transportation (DOTr) automatically sits as the
Chairman of the LRTA Board in an Ex-officio capacity.
The Administrator, on the other hand, is appointed by the President of the Philippines as a member of the
LRTA Board, who subsequently voted upon by members of the Board to be the LRTA Administrator and at
the same time acts as the Vice-Chairman.
At present, the Chairman of the LRTA Board is the current DOTr Secretary Atty. Arthur P. Tugade, who
automatically sits as the Chairman upon his appointment as the DOTr Secretary in June 2016. Atty.
Tugade succeeded Hon. Joseph Emilio A. Abaya who became the DOTr Secretary and Chairman of the
LRTA Board from October 2012 to June 2016.
Gen. Reynaldo I. Berroya, is the current Administrator of LRTA. He was appointed by the President in
December 2016 replacing Engr. Emerson L. Benitez, the LRTA’s Officer-In-Charge for the period July –
December 2016. Engr. Benitez acts the Officer-In-Charge of LRTA after Administrator Honorito D. Chaneco
vacated his office in July 2016.
The LRTA Administrator acts as the Vice-Chairman of the LRTA Board and as the Vice-Chairman, the
Administrator presides all Board meetings in the absence or upon instruction by the BOD Chairman or his
Alternate.
Ex-Officio Alternates
The officials next in rank to or the officials designated by the ex-officio members shall serve as
alternate members. As such the acts of the latter bind their principals. Multiple BOD Seats
Each appointive Director of LRTA shall not be allowed to hold more than two (2) other Board seats
in other GOCCs, Subsidiaries and/Affiliates which he /she may receive compensation inclusive of
his/her primary position, at any given time.
Compliance System
To ensure compliance with all reportorial, monitoring and other good governance compliance obligations of
the Board, a compliance officer is appointed by the Board who reports directly to the Chairman. The
Corporate Secretary, in the absence of any appointment, acts as the Compliance Officer and performs the
duties stipulated under Article 6 of the Manual of Corporate Governance of LRTA. The Compliance Officer,
in case of violation or non-compliance of LRTA, reports to the Board and recommends imposition of
appropriate disciplinary action to parties responsible and adopts measures to pre-vent its repetition.
Likewise, Compliance Officer issues certification every 30thday of May of the calendar year on the extent of
Authority’s compliance with the government corporate standards and appears before the GCG, when
summoned, in relation to compliance with the good governance requirements and other compliance issues.

LRTA’s compliance report for the period 31 May 2017 to 30 May 2018 and 31 May 2018 to 30 May 2019 is
shown in Annex “D”.
Mandate and Responsibilities
The Board is primarily responsible for providing policy directions, monitoring, and overseeing LRTA
Management actions. In accordance with the LRTA Charter and in addition thereto, the Board:
Provides the corporate leadership of LRTA in accordance with its Charter
 Fosters the long-term success of LRTA, endure the provision of excellent rail transport services
and always uphold the best interest of LRTA, the public and other stakeholders;
 Establishes the LRTA’s vision and mission, strategic objectives, policies and procedures, as well
as defining the LRTA’s values and standards;
 Carries out the mandate of the LRTA;
 Complies with reportorial requirements;
 Ensures the presence and adequacy of internal control mechanisms for good governance;
 Determines important policies for LRTA, including the identification of key risk areas and
performance indicators and monitoring these factors with due diligence, with a view towards
enabling LRTA to anticipate and prepare for possible threats to its operational and financial
viability;
 Monitors and evaluates the implementation of corporate strategies and policies, business plans
and operating budgets and Management’s overall performance;
 Implements a system of internal check and balance and ensure regular review and updating of the
same;
 Ensures the integrity of the LRTA’s accounting and financial reporting systems, including
independent audit; and
 Assess its performance and effectiveness as well as the Board Committees.
Meetings of the Board
As part of the functions and specific duties of the Board for corporate governance, the Board and Board
committees regularly conduct a monthly meeting to properly discharge its responsibilities. The Board
Chairman or his Alternate preside all meetings of the Board. To ensure the Board attendance, a
consultation with every member is being undertaken by the Corporate Secretary before fixing the dates of
the Board meetings. Regular Board meetings and Board committee meetings are properly documented and
minutes thereof are distributed to all members for information and guidance.

Board Committees
There are five (5) Committees constituted by the LRTA Board to assist them in the performance of their
duties and responsibilities. Each Committee has terms of reference, defining the duties, authorities and its
composition. All committee transactions are documented and minutes thereto are circulated to members of
the Board. Membership to any Committee shall not excuse any of its member of its responsibility for all
matters within the primary responsibility and accountability of the Board.
Executive Committee
The Committee is composed of not less than three (3) members of the Board, with the Chairman of the
Board acting as the Committee Chairman. In the absence of Board or with the authority granted to them by
the Board, the executive committee acts on such specific matters by a vote of at least two-thirds (2/3) of its
members. However, Executive Committee cannot act on matters with respect to:
 Actions requiring shareholder’s approval;

 Filling of vacancies on the Board or in the Committees;
 Amendment or repeal of By-Laws or adoption of new By-laws;
 Amendment or repeal of Board resolutions not subject to amendment or repeal;
 Payments of dividends, if any; and
 Exclusive powers of other Committees

Executive Committee
Agency Committee Designation
DOTr Secretary / Alternate DOTr Chairman
Principal Member /Alternate DOF Member
Principal Member /Alternate NEDA Member
Principal Member /Alternate DPWH Member
Principal Member /Alternate DBM Member
Principal Member /Alternate LTFRB Member
Principal Member /Alternate MMDA Member
Member LRTA Member
Audit Committee
The Audit Committee of LRTA is composed of three (3) members of the Board and headed by the
Committee Chairman who has background in audit, accounting or finance and appointed by the Board. The
Committee oversees, monitor and evaluate the sufficiency and effectiveness of the Authority’s internal
control system, engage and provide oversight of the LRTA’s internal and external auditors. The Committee
also reviews and approves the Authority’s internal audit plan and financial statements before submission to
the Board. Lastly, it is the responsibility of the Audit Committee to develop a transparent financial
management system that will ensure the integrity of internal control activities of LRTA through procedures
and policies handbook that will be used by the entire Authority.
Audit Committee
Committee
Agency
Designation
DOF Secretary / Alternate DOF Chairman
Private Sector Representative Private Sector Member
Internal Audit
To add value and to further improve the day-to-day operation of LRTA, the Internal Audit Department
provides an independent and objective assurance and advisory services to LRTA. It likewise provides
assurance to the Board, Management and other stakeholders that LRTA has appropriate and effective
organizational and procedural controls. The conduct of internal audit activities is in accordance with the
Standards for the Professional Practice of Internal Auditing.

External Audit
The Commission on Audit (COA) conducts external audit on the operational and financial matters of LRTA
and promotes an environment of good corporate governance.
Governance Committee
The Committee is responsible in satisfying LRTA’s corporate governance responsibilities which include:
 Overseeing the periodic performance evaluation of the Board, Board Committees and the
Management;
 Deciding on the Director’s capability in carrying its duties and responsibilities based on his/her
contribution and performance (e.g., competence, candor, attendance, preparedness and
participation);
 Recommending to the Board the continuing education of the Board, assignment to Board
Committees, Succession plan and the remuneration commensurate with corporate and individual
performance in accordance with the existing government rules and regulations for GOCCs; and
 Recommending the manner of evaluating the performance of the Board and propose a
performance criteria for Board approval.
Governance Committee
Committee
Agency
Designation
Private Sector Representative Private Sector Chairman
Administrator LRTA Member
Nomination and Remuneration Committee
Similar with other Committees, the Nomination and Remuneration Committee is composed of three (3)
members headed by any Director selected and appointed by the Board to act as the Committee Chairman.
The Committee is responsible for installing and maintaining a process to ensure that Officers nominated or
appointed meet and possess the qualification and none of the disqualifications mandated by law, rules and
regulations. The Committee is also responsible for recommending to the GCG nominees for the shortlist in
line with the LRTA’s Board composition and succession plan and qualified under the Fit and Proper Rule
adopted by the GCG, including thereto as reference the qualifications provided under Authority’s Charter.

In terms of remuneration, the compensation, per diems, allowance and incentives of Appointive Directors
and/or ex officio members of the Board are set in accordance with the provisions set forth by RA 10149
otherwise known as the Governance Act of 2011. The committee is responsible in developing
recommendations to the GCG for updating the Compensation and Position Classification (CPCS)
consistent with the LRTA’s culture, strategy, control environment and pertinent laws and rules and
regulations.
Nomination and Remuneration Committee

Committee
Agency
Designation
Risk Management Committee
The Risk Management Committee requires that at least one of its members has a background in finance
and investments and chaired by any Director who appointed by the Board.
The Committee performs oversight risk management functions specifically in the areas of managing cred-it,
market, liquidity, operational, legal, reputation and other risks of the LRTA. It is also the responsibility of the
Committee to develop the Risk Management Policy of the Authority and ensure that risk management
process and compliance are embedded in LRTA operations more especially at the Board and Management
levels. Lastly, the Committee provides quarterly report and update to the Board on the key risk
management issues and evaluation on investment proposals.
Risk Management Committee


Finance Committee
The Finance Committee shall pass upon and review any and all financial issues and concerns, and shall
make proper recommendations for approval or proper action of the Board of Directors.
Finance Committee
Chairman DOF Chairman
Principal Member /Alternate Private Sector Member
The Committees of the LRTA Board of Directors

Summary Report of the LRTA Board of Directors’ Committee
Finance, Audit and Risk Management Joint Committee Meeting
Held on: 30 January 2019

1. Various Financial Reports of 31 December 2018
DBM Approved Corporate Budget CY 2018 NG
Advances Proposal CY 2019
Status of Funds Transferred to PS DBM
Dir. Go and Dir. Datu stated on the need of the LRTA to attract partnership with stable
companies that can help generate more non-rail revenue income for LRTA. Both manifested
there should be a presentation of options for possible long term rentals and potential non-rail
revenue targets.
Upon inquiry of Dir. Go, Ms. Malou Liscano from the Finance Department manifested that the
LRTA requested PS DBM to account the balance of the fund transferred by LRTA to PS
DBM.
Ms. Liscano further manifested that the matter of the remittance of LRMC of VAT proceeds
that went to BTr was only recorded but not actually received by LRTA.
Dir. Go suggested to inquire with the Legal Department of BIR if the remittance should be
received by LRTA.
2. CY 2019 Internal Audit Plans and Programs
Dir. Arollado suggested that there should be control systems for spare parts warehouse
management like RFID on parts so that their movements can be tracked.
Dir. Go suggested to advance some of the time frames for some audit activities and to
conduct them earlier in the year.
All the reports were noted including the instructions for compliance by the concerned offices
Nomination and Remuneration and Governance Joint Committee Meeting
Held on : 18 February 2019
1. Annual Corporate Plan
The inflation rate based on NEDA projections should be factored in with respect to the income
targets based on escalation rates for non-rail revenue activities considering that there are no new
businesses being presented for the period concerned.

2. LRTA Board of Directors’ Meeting Attendance Report
With respect to having a monthly Board Meeting, due efforts were made to achieve the objective
but were all frustrated by difficulty in obtaining quorum due to the fact that most of the Members
of the Board are Ex-Officio members who are all saddled with heavy workloads and
commitments.
Close coordination with the GCG is necessary to ensure that the pertinent ratings of LRTA will
not be adversely affected considering the difficulty in obtaining quorum.
Audit Committee Meeting
Held on : 20 May 2019
1. CY 2018 Internal Audit Report 2019

1st Quarter Accomplishments 2019
Summary Request for Action 2018
Summary Request for Action
Assessment of the overall performance of the Management is in compliance with the Audit
Department’s findings and the targets set have been accomplished.
Audit procedures and processes have been ISO certified and will be revalidated from time to time
for continuous compliance. A succeeding surveillance audit will be made to resolve NCs that are
still open.
Finance, Governance, and Nomination and Remunerations Joint Committee Meeting
Held on : 09 August 2019

1. Status of Various Financial Reports as of 31 July 2019
Status of CY 2020 Proposed Budgetary Support as of 31 July
2019 Draft Reply to COA Annual Audit Report (AAR) CY 2018
The Board noted the Status of Various Financial Reports and Status of CY 2020 Proposed
Budgetary Support as of 31 July 2019.
2. Strategy Map and Charter Statement (PES Form

1) LRTA’s Performance Scorecard 2020 (PES
Form 2) Summary of 2019 Targets for
Renegotiation
Clarification with GCG on the issue of disconnect between the performance of LRTA as
prescribed by GCG in relation to LRTA’s rights and obligations under the Concessionaire
Agreement for the LRT Line 1 South Extension Operations and Maintenance PPP Project.

3. Other Matters
NEDA requested input regarding the PDP/RM Midterm updates on LRTA’s

Accomplishments as of June 2019 and LRTA’s Targets and Plans until CY 2022 end of term.
Audit and Risk Management Joint Committee Meeting
Held on : 12 September 2019
1. Risk Management Report
Planned activities of the LRTA Risk Management Team (RMT) were presented to the Board with
additional report on Institutional Risk Management which pointed out the basis for the
identification of departmental risks.
2. Internal Audit Accomplishment Report for the 2nd Quarter of CY 2019
Failure of the process owners to comply with the Audit Departments requirements will reflect on
their Office Performance Commitment Rating (OPCR).
Audit and Governance Joint Committee Meeting
Held on : 13 November 2019
1. Internal Audit Accomplishment Report for the 3rd Quarter CY 2019
The Internal Audit Accomplishment Report focused on the following:

I. Operations and Management Audit
II. Internal Quality Audit
2. Corporate Governance
I. LRTA’s Corporate Vision, Mission, and Goals

II. LRTA’s GAD Strategic Framework
III. Policy on the Good Governance Training of LRTA Board Appointive Directors
IV. Charter of Expectations
V. Survey Questionnaire for LRTA Board of Directors
VI. Revised Policy on Document Submission on the Board Agenda Folder
Request for Grant of Authority to the Administrator to approve and endorse the Revised LRTA
Corporate Scorecard for FY 2020

Performance Evaluation
The LRTA observe a systematic evaluation process as well as the monitoring and reporting requirements
as defined under GCG M.C. No. 2013-02 (Re-issued) and GCG Memorandum Circular (MC) No. 2017-021,
or the Performance Evaluation System (PES) for the GOCC Sector and the GCG M.C No. 2014-13 (Re-
Issued) or the Performance Evaluation for Directors (PED) in the GOCC Sector, or as may be updated/
amended by the GCG.
LRTA continuously adopted the CSC-approved Strategic Performance Management System (SPMS) for its
officers and employees as well as that GCG Online Performance Evaluation System for the members of its
Governing Board.
Conflict of Interest
Conflict of interest exists when the Board or officers of LRTA engage in the following conduct:
 Supply or attempt to supply goods or services to the Authority;

 Acquire or attempts to acquire for himself, a business opportunity belong to LRTA;
 Offer or receive consideration for delivering the LRTA’s business to a third party;
 Engage or attempt to engage in a business or activity which competes with or works contrary to the
best interest of LRTA.
Should actual or potential conflict of interest arise on the part of the Board Members, its full disclosure is
required and the Board member concerned is proscribed to participate in the decision-making. The Board
member concerned who has continuing conflict of interest of material nature should either resign or, if the
board deems appropriate, be removed from the Board.
Disclosure and Transparency
In the past years, LRTA has been consistent in complying with all the good governance conditions on dis-
closure and transparency provided for by the GCG and other pertinent laws. LRTA achieved 100%
compliance to these good governance conditions in 2016 and has been actively participating in the
implementation of the Integrated Corporate Reporting System (ICRS).
As mandatorily required, LRTA maintains and posts in the website all information for unrestricted public
access, such as, but not limited to:
 Institutional matters
 Matters related to LRTA Board and Officers
 Financial and Operational matters
 Governance matters
The LRTA Management through its Board of Directors signed and adopted the LRTA Freedom of
Information (FOI) Manual which took effect on August 15, 2016. This manual recognizes the role of free
1
To amend and/or revoke the GOCC Performance Scorecards as the circumstances may warrant under Interim
Performance Evaluation System (PES) for the GOCC Sector dated June 30, 2017.
and open exchange of information in order to enhance transparency and accountability in all government
official acts, transactions and decisions in accordance with the Constitution.
Confidentiality
Any complaint or report against an officer or employee will be treated with utmost care and confidentiality-
ty. The LRTA is responsible for the protection of the whistleblower’s identity and whereabouts from any
third party, except, as required by law and necessary or indispensable during the conduct legal
proceedings. The same level of confidentiality shall be observed by the whistleblower.
Retaliation and Harassment
The LRTA commit to protect the whistleblower from any criminal, civil or administrative liability arising from
the protected disclosure. On the same note, no retaliatory action shall be taken against a whistleblower
such as, but not limited to, discriminatory action, including those made under the guise of policy and
procedural determinations de-signed to avoid claims of victimization, reprimand, punitive transfer and the
denial of work necessary for promotion, etc.
Stakeholder relationships
It is the responsibility of the Board and Officers of the Authority to run the management and operation of
LRTA in a manner that would suffice its stakeholder’s expectations and with due regard to their best
interest. Owing fidelity to the Government, LRTA at all times, promote and protect the best interest of the
Government in all its dealings, comply with the laws, rules and regulations, policies and directives by
oversight agency and submit truthful, adequate and timely report as they may prescribe. The Authority also
recognizes other stakeholders including, but not limited to its customers/passengers, employees,
employees association, concessionaires, suppliers, service providers, contractors, media and the general
public.
On Customers
The LRTA maintains an effective and efficient operation, focused on meeting customer objectives with the
purpose of providing quality, reliable, safe and convenient service to the public. Over the years, LRTA has
been consistent in continuous improvement of processes as well as the skills and competency of the staff
to ensure the delivery of quality service. As part of LRTA’s continuous improvement, it in fact, conducted an
annual Customer’s Satisfaction Survey through a 3rd-party to measure customer’s overall satisfaction in
each area of service of LRT 2’s operation, identify the system’s strengths and weaknesses and secure
actionable customer feedback that can be used to improve the quality of services provided that would
enable LRTA to improve customer experience. For the year 2019, LRTA achieved a “satisfactory” rating
using the Standard Methodology and Questionnaire developed by the GCG.
On Employees
In recognition of its role, LRTA has continuing employee development discussions and structured training
programs based on the operational requirements of the Authority for the personal and professional
development of the employee. LRTA adopts the Civil Service Commission (CSC) approved Strategic
Performance Management System (SPMS) which aligns individual performance towards the attainment of
LRTA’s strategic priorities including the performance-based incentive plan.
On Other Stakeholders
In developing relationships with other stakeholders, the Authority continually promotes transparency and
access to information and ensures that all of its affairs are in accordance with the existing government
policies and procedures. LRTA discloses to the public all material information about its dealings by
maintaining a transparency seal its official website, conducting public consultations and dialogues.
LRTA has developed relationship and improved its networking with business partners and
suppliers/contractors and other stakeholders based on mutual trust. Through partnership with these
stakeholders, the Authority aims to offer the best combination of state-of-the-art technology and world-class
service, strong customer relations and deep industry knowledge and experience, together with the capacity
to implement and deliver value-added solutions on time and within the budget.
Communication with Stakeholders
LRTA ensures that its stakeholders are sufficiently informed of the day –to-day activity of the Authority
which would directly or indirectly affect the management and operation of LRTA. For the stakeholder’s
policies, announcements, transparency seal and other relevant information about the plans, programs,
projects and activities of LRTA, these are posted and/or communicated with its stakeholders and the public
at large through:
 LRTA website www.lrta.gov.ph and social networking sites such as Facebook and Twitter;
 Intranet and webmail provision and access for all employees;
 Focused group discussions, dialogues, regular staff meeting as well as consultative meetings with
oversight agencies;
 Board Resolutions, Special/Office Orders, Memoranda, Guidelines, letters, handbook, etc.; and
 Bulletin Board and suggestion boxes.
Further, the Authority allows its stakeholder reports to be scrutinized in order to strengthen their credibility.

09
AUDITED FINANCIAL
REPORT
Photo by Albert Paul B. Fetalino

EXECUTIVE SUMMARY
A. Introduction
Light Rail Transit Authority (LRTA)
1. LRTA was created on July 12, 1980 under Executive Order No. 603, as amended. It was
mandated to primarily construct, operate, maintain and/or lease the light rail transit systems in
the Philippines.
2. LRTA is a wholly-owned government corporation with an authorized capital stock of P3.0

billion. Its powers and functions are vested and exercised by a Board of Directors composed of
nine members, chaired by the Secretary of Department of Transportation, seven ex-officio
members from Department of Finance, Department of Budget and Management, Department of
Public Works and Highways, National Economic Development Authority, Land Transportation
Franchising and Regulatory Board, Metropolitan Manila Development Authority, Administrator
of LRTA and a representative from the private sector, appointed by the President of the
Philippines. It is headed by an Administrator, assisted by two Deputy Administrators and 10
Department Managers.
3. LRTA is presently managing the Light Rail Transit Line 2 System which runs from Santolan,
Pasig City to Recto, Manila. On September 12, 2015, LRTA transferred the management and
operations of Line 1 System (Baclaran, Parañaque City to Roosevelt, Quezon City) to Light Rail
Manila Corporation (LRMC), a private firm, in accordance with the Concession Agreement
dated October 2, 2014.
Scope and Objectives of Audit

4. The audit covered the transactions, accounts and operations of LRTA for CY 2019. The audit
was conducted to determine the (a) level of assurance that may be placed on Management’s
assertions on the financial statements; (b) the propriety of transactions and compliance with
existing rules and regulations as well as, management’s policies; and (c) the extent of the
implementation of prior year’s audit recommendations.
5. The audit involved performing procedures to obtain audit evidence to determine the fairness of
presentation of the financial statements and propriety of the financial transactions, in
accordance with the International Standards of Supreme Audit Institutions, applicable laws,
rules and regulations
B. Financial Highlights
Financial Position
Increase
2019 2018 (Decrease)
Assets 59,791,862,600 64,474,038,084 (4,682,175,484)
Liabilities 66,758,452,824 70,510,200,278 (3,751,747,454)
Equity (6,966,581,226) (6,036,162,194) (930,419,032)
Financial Performance

Increase
2019 2018 (Decrease)
Total Revenue 1,564,306,670 1,653,023,396 (1,399.004,331)
Total Current Operating
Expenses 6,003,906,023 4,771,724,094 1,232,181,929
Gains 530,664,543 339,979 530,324,564
Losses (19,346,290) (1,665,952,067) (1,646,605,777)
Subsidy from National
Government 4,033,964,298 514,788,051 3,519,176,247
Net Surplus (Deficit) 105,683,198 (4,269,524,734) 4,375,207,932
Budge
t Utilization
Budget Expenditures Differences
Personal Services 570,846,000 522,101,614 48,744,386
Maintenance and Other
Operating Expenses 1,441,704,000 974,030,771 467,673,229
Capital Outlay 1,956,441,000 1,054,325,588 902,115,412
Financial Expenses 6,919,457,000 6,704,493,327 31,963,673
Total Payments 10,888,448,000 9,254,951,300 1,633,496,700
C. Auditor’s Opinion
The Auditor rendered a qualified opinion on the fairness of presentation of the financial statements
of the LRTA as at December 31, 2019 due to the following:
1. The reliability of the year-end balance of Property Plant and Equipment (PPE) amounting to
P49.68 billion is doubtful with the unreconciled variance amounting to P5.288 million between
the Report on Physical Count of PPE (RPCPPE) on Office Furniture and Equipment, IT
Equipment and Other PPE and the accounting records. Further, the computation of depreciation
expense using the useful life of the asset instead of the terms of the service concession
arrangement as provided for under Paragraph 6.3.e.5 COA Circular No. 2017-004 resulted in
the understatement of the Service Concession Asset, the corresponding depreciation expense
and Retained Earnings in the amount of P172.945 million in 2019 and P69 million in 2018. In
addition, sold unserviceable assets under Other PPE–AFCS Equipment with cost and
accumulated depreciation of P1.703 billion were still recorded in the books. Moreover, land
pertaining to the service concession agreement with value of P5.765 billion was not reclassified
to Service Concession Asset-Land as required in COA Circular No. 2020-002 dated January 28,
2020.
2. Also, Impairment Loss was not recognized for the damages to PPE relative to the incidents of
Train Collision of Trainsets No. 13 and 18 and Fire Incident at Rectifier Substation 5 and 6
contrary to the provision of International Public International Public Sector Accounting Standards
(IPSAS) 21 - Impairment of Non-Cash Generating Assets.
3. Furthermore, the recognition of revenue for the Concession Fee for the Operation and
Maintenance of LRT Line 1 System by the private concessionaire was not in accordance with

the provisions of IPSAS 32 on Service Concession Arrangements (SCA) - Grantor and IPSAS 9
on Revenue from Exchange Transactions, thereby resulting in the understatement of Service
Concession Arrangement Receivable and Accumulated Surplus/(Deficit) in the amount of
P295.669 million. Further, LRTA had not demanded from the private concessionaire to pay the
quarterly concession fee due on October 30, 2019 amounting to P66.786 million.
4. In addition, the existence of dormant Receivables amounting to P768.526 million aged over
three to ten years which constitute 98.82 per cent of the total receivables balance of P777.705
million and abnormal/negative balance totaling P327.598 million is contrary to Paragraphs 3.10
and 3.12 of IPSAS 1- Conceptual Framework for General Purpose Financial Reporting (GPFR)
by Public Sector Entities. On the other hand, LRTA did not collect from one of the Line 2 PMO
contractors who confirmed that they have a payable of P455,316 to LRTA.
5. Likewise, The year-end balance of Other Assets account amounting to P1.703 billion lack the
necessary schedules to support the subsidiary ledger balance of its specific sub-accounts and
no impairment loss was provided for the unserviceable AFCS equipment amounting to
P214.849 million casting doubt on the accuracy of the account and is contrary to the provision of
Presidential Decree (PD) 1445 and IPSAS 21 on the Impairment of Non-Cash Generating
Assets.
D. Significant Audit Observations and Recommendations
In addition to the above audit observations considered in the rendition of the auditor’s opinion, the
following significant observations and recommendations also need immediate action, the details of
which are presented in Part II of this Report:
1. The correctness of the reported year-end balances of the Cash in Bank (CIB) accounts
amounting to P6.868 billion was not ascertained due to (a) non submission of bank reconciliation
statement (BRS) for 31 accounts with aggregate total of P5.964 million, (b) unrecorded book
reconciling items with net amount of P9.984 million; (c) staled checks in the amount of P55,722
were not reverted to Cash in Bank; and (d) inclusion of two foreign bank accounts with peso
equivalent of P6.559 million that remained dormant for more than eight years and was not
translated to the closing rate as of last banking day of December 2019.
Recommendations:
a. Submit the BRS for the 31 bank accounts for audit verification;
b. Prepare adjustment to record the reconciling items already identified; request the banks to
submit the banks’ debit and credit memos to serve as basis in recording the same in the
books of accounts;
c. Revert the long outstanding checks balance to Cash in Bank accounts;
d. Make representation with the foreign banks or with the appropriate foreign office (Embassy)
where the amount of P6.559 million was deposited or if necessary to the Department of
Foreign Affairs in order to finally resolve the issue on said foreign deposits; and
e. Prepare adjusting entries to translate the foreign currency balance using the closing rate as of
last banking day of December in accordance with IPSAS 4.

2. The validity and accuracy of the Liability accounts totaling P822.632 million is doubtful due to: a)
error in recording fund transfers in the amount of P981.675 million from DOTr as Subsidy instead
of Due to NGAs; hence not in accordance with COA Circular 94-013; b) non-submission of the
liquidation report on the financial assistance for Yolanda victims amounting to P0.800 million; c)
non-liquidation of fund transfers received from DOTr despite utilization of funds; d) existence of
negative balance amounting to P4.526 million; e) lack of documents to support the account Due
to Line 2 PMO amounting to P77.993 million contrary to IPSAS 1 Paragraphs 3.10 and 3.12 and
Section 4.6 of PD 1445; and f) error in the inclusion of fines and penalties charged to service
income amounting to P2.853 million as Other Payables account.
Recommendations:
a. Record fund transfer as Due to NGAs in accordance with COA Circular No. 94-013;
b. Submit to the DOTr the liquidation report on the payment of financial assistance to Yolanda
victims;
c. Coordinate with DOTr to reconcile the balances of fund transfers and submit liquidation for
the utilization of the funds in accordance with COA Circular No. 94-013;
d. Analyze the negative balance in order to effect the appropriate adjustment;
e. Analyze the account Due to Line 2 and gather documents that can be used to know the
transactions comprising the account in order that appropriate adjustments can be made to
reflect its accurate balance; and
f. Reclassify fines and penalties from Other Payables to appropriate income accounts under
the Revised Chart of Accounts.
3. The accounts Non-Rail Revenue, Other Deferred Credits and Operating Lease Receivable do
not reflect their accurate year-end balances totaling P129.003 million due to the use of cash
basis in recognizing non-rail transactions contrary to the provisions of IPSAS 1– Presentation of
Financial Statements and IPSAS 13 – Leases. The accuracy and completeness of collections of
non-rail revenues and the appropriate accounting entries could not be ascertained due to non-
submission of non-rail contracts in violation of COA Circular No. 2009-001.
Recommendations:
a. Require the Accounting Division to use IPSAS 1 and 13 as guide in recording revenue from
lease agreements;
b. Prepare adjusting entries to record properly the collections from rentals as either earned or
unearned revenue to reflect the accurate nature of transactions;
c. Set-up Operating Lease Receivable account for the accrual of lease income to appropriately
recognize due and unpaid rentals in accordance with the latest Revised Chart of Accounts;

d. Reclassify entries to recognize due from Lessee LOSS by debiting Operating Lease
Receivable and crediting Accumulated Surplus/(Deficit); and
e. Comply strictly with COA Circular No. 2009-001 on the timely submission of lease contracts to
facilitate review.
4. Of the P6.082 billion released as budgetary support to LRTA’s rehabilitation projects, only
P3.772 billion was utilized or 69.06 per cent. Twenty projects amounting to P4.056 billion
remained unimplemented and are still in the early stage of the procurement process. The
Unexpended balance of projects already completed amounting to P121.613 million was not
returned to the Bureau of Treasury as required in Executive Order No. 292.
Recommendations:
a. Optimize and increase the utilization of the available allotments and cash allocations received
from the DBM and DOTr to ensure that the purpose for which the allotments were given are
timely achieved;
b. Fast-track the implementation of the 20 unimplemented rehabilitation projects to obtain the

purpose and comfort from the use of the appropriated funds; and obtain the available modes
of procurement subject to the rules and regulations as provided for in RA 9184 on projects
with failures of bidding; and
c. Return the excess funds of completed projects to the Bureau of the Treasury (BTr) as
required in Sec. 28 Chapter 4, Book VI of Executive Order No. 292.
E. Status of Audit Suspensions, Disallowances and Charges
For CY 2019, there were two Notice of Disallowance issued; The Statement of Audit Suspensions,
Disallowances and Charges (SASDC) as of December 31, 2019 showed unsettled disallowance
amounting to US$58,800 and P167,716,580.18. Details are shown in Part II of this Report.
F. Status of Implementation of Prior Year’s Recommendations
Of the 100 audit recommendations contained in the prior year’s Annual Audit Report, 38 were fully
implemented, 41 were partially implemented and 21 were not implemented. Details are presented
in Part III of this Report.

LIGHT RAIL TRANSIT AUTHORITY
STATEMENTS OF FINANCIAL POSITION
AS AT DECEMBER 31, 2019 and 2018
NOTE 2019 2018

(As Restated)
ASSETS
Current Assets
Cash and Cash Equivalents 5 83,939,025 156,170,683
Receivables 6 867,439,160 2,824,692,320
Inventories 7 416,416,126 478,276,922
Other Current Assets 10 7,040,251,879 7,679,017,475
Total current assets 8,408,046,190 11,138,157,400
Non-Current Assets
Property, Plant and Equipment 8 49,680,274,546 51,632,338,820
Other Investments 9 216,501 216,501
Other Non-Current Assets 10 1,703,325,363 1,703,325,363
Total Non-Current Assets 51,383,816,410 53,335,880,684
Total Assets 59,791,862,600 64,474,038,084
LIABILITIES
Current Liabilities
Financial Liabilities 11 2,291,936,000 2,591,677,975
Inter-Agency Payables 12 706,724,224 712,256,111
Intra- Agency Payables 13 1,283,353,083 2,978,390,476
Trust Liabilities 14 589,054,897 219,677,464
Deferred Credits 15 217,327,661 214,376,267
Other Payables 16 105,586,439 85,098,102
Total Current Liabilities 5,193,982,304 6,801,476,395
Non-Current Liabilities
Financial Liabilities 11 17,350,565,894 19,902,847,552
Inter-Agency Payables 12 44,213,904,626 43,805,876,331
Total Non-Current Liabilities 61,564,470,520 63,708,723,883
Total Liabilities 66,758,452,824 70,510,200,278
Net Assets (Total Assets Less Total Liabilities) (6,966,590,226) (6,036,162,194)

NET ASSETS/EQUITY
Government Equity 21,622,389,348 21,622,380,348

Contributed Capital 35,693,626 35,357,321
Accumulated Deficit (28,624,664,200) (27,693,899,863)
Total Net Assets/Equity (6,966,581,226) (6,036,162,194)

STATEMENTS OF FINANCIAL PERFORMANCE
FOR THE YEARS ENDED DECEMBER 31, 2019 and 2018
NOTE 2019 2018
Revenue
Service and Business Income 17 1,564,306,670 1,653,023,396

Total Revenue 1,564,306,670 1,653,023,396
Current Operating Expenses
Personnel Services 18 (510,106,262) (466,105,666)

Maintenance and Other Operating Expenses 19 (216,014,077) (177,217,393)
Financial Expenses 20 (2,276,532,269) (1,960,557,542)
Direct Costs 21 (736,080,723) (716,634,925)
Non-cash Expenses 22 (2,265,172,692) (1,451,208,568)
Total Current Operating Expenses (6,003,906,023) (4,771,724,094)
Deficit from Current Operations (4,439,599,353) (3,118,700,698)
Gains 23 530,664,543 339,979

Losses 23 (19,346,290) (1,665,952,067)
Deficit (3,928,281,100) (4,784,312,786)
Subsidy from National Government 24 4,033,964,298 514,788,051
Net Surplus/( Deficit) for the Period 105,683,198 (4,269,524,735)

STATEMENTS OF CHANGES IN NET ASSETS/EQUITY
Accumulated Contributed
Government Equity Total
Surplus/(Deficit) Capital
BALANCE AT JANUARY 1, 2018 (21,684,892,707) 21,615,448,531 35,357,321 (34,086,855)
Changes in Net Assets/Equity for CY 2018

Add/(Deduct):
Surplus/(Deficit) for the Period (4,269,524,734) 0 0 (4,269,524,734)
Additional Capital from National Government 0 6,931,817 0 6,931,817
Other Adjustments (1,739,482,422) 0 0 (1,739,482,422)
BALANCE AT DECEMBER 31, 2018 (27,693,899,863) 21,622,380,348 35,357,321 (6,036,162,194)
Changes in Net Assets/Equity for CY 2019

Add/(Deduct):
Surplus/(Deficit) for the Period 105,683,198 0 0 105,683,198
Additional Capital from National Government 0 0 336,305 336,305
Other Adjustments (1,036,447,535) 0 0 (1,036,447,535)
BALANCE AT DECEMBER 31, 2019 (28,624,664,200) 21,622,380,348 35,693,626 (6,966,590,226)
STATEMENTS OF CASH FLOWS
2019 2018
CASH FLOWS FROM OPERATING ACTIVITIES
Cash Inflows
Collection of Revenue 1,195,824,708 1,416,430,168
Receipts of Assistance/Subsidy 188,964,298 514,788,051
Receipts of Inter-Agency Fund Transfers 617,957,600 0
Receipts of Intra-Agency Fund Transfers 0 917,411,055
Trust Receipts 439,240,987 5,827,806
Other Receipts 147,436,417 339,980
Total Cash Inflows 2,589,424,010 2,854,797,060
Cash Outflows
Payment of Expenses 1,242,969,203 1,251,131,359
Purchase of Inventories 206,029,767 105,408,524
Refund of Deposit 0 66,805
Release of Intra-Agency Fund Transfers 0 228,959,887
Other Disbursement 78,757,250 48,085,879
Total Cash Outflows 1,527,756,220 1,633,652,454
Net Cash Provided by Operating Activities 1,061,667,790 1,221,144,606
CASH FLOWS FROM INVESTING ACTIVITIES
Cash Inflows
Proceeds from Sale/Disposal of Property, Plant and Equipment 892,857 14,302,512
Receipts of Interest Earned 247,856,103 183,578,070
Total Cash Inflows 248,748,960 197,880,582
Cash Outflows
Purchase/Construction of Property, Plant and Equipment 1,022,701,755 1,123,107,117
Total Cash Outflows 1,022,701,755 1,123,107,117
Net Cash Used in Investing Activities (773,952,795) (925,226,535)
CASH FLOWS FROM FINANCING ACTIVITIES
Cash Outflows
Payment of Long-Term Liabilities 334,850,596 218,648,368
Payment of interest on loans and other financial charges 25,096,057 318,434,965
Total Cash Outflows 359,946,653 537,083,333
Net Cash Used in Financing Activities (359,946,653) (537,083,333)

NET INCREASE IN CASH AND CASH EQUIVALENTS (72,231,658) (241,165,262)
CASH AND CASH EQUIVALENTS, JANUARY 1 156,170,683 397,335,945
CASH AND CASH EQUIVALENTS, DECEMBER 31 83,939,025 156,170,683

STATEMENT OF COMPARISON OF BUDGET AND ACTUAL AMOUNTS
FOR THE YEAR ENDED DECEMBER 31, 2019
Budgeted Amount Actual Amounts Difference

Particulars on Comparable Final Budget
Original Final Basis and Actual
RECEIPTS
Service and Business Income 2,422,245,318 2,422,246,000 1,624,563,770 797,682,230
Assistance and Subsidy 18,840,962,601 8,510,444,000 7,017,991,274 1,492,452,726
Shares, Grants and Donations 0 0 0 0
Gains 0 0 0 0
Others 0 0 540,164,598 (540,164,598)
Total Receipts 21,263,207,919 10,932,690,000 9,182,719,642 1,749,970,358
PAYMENTS
Personnel Services 570,845,765 570,846,000 522,101,614 48,744,386
Maintenance and Other Operating Expenses 1,485,945,569 1,441,704,000 974,030,771 467,673,229
Capital Outlay 1,956,440,984 1,956,441,000 1,054,325,588 902,115,412
Financial Expenses 17,249,975,601 6,919,457,000 6,704,493,327 214,963,673
Total Payments 21,263,207,919 10,888,448,000 9,254,951,300 1,633,496,700
NET RECEIPTS/PAYMENTS 0 44,242,000 (72,231,658) 116,473,658

NOTES TO FINANCIAL STATEMENTS
For the years ended December 31, 2019 & 2018
1. GENERAL INFORMATION/ENTITTY PROFILE
The Light Rail Transit Authority (LRTA) was created on July 12, 1980, under
Executive Order (EO) No. 603, amended by EO No. 830 and EO No. 210 on
September 22, 1982, and July 7, 1987, respectively. It is primarily responsible for
the construction, operation, maintenance and/or lease of LRT Systems in Metro
Manila and other metropolitan areas of the country.
LRTA is recognized as the premiere rail transit in the country providing reliable,
efficient, dependable and environmental-friendly mass rail services to residents of
Metro Manila. It is a wholly-owned government corporation with an authorized
capital of P3.0 billion. Corporate powers and functions are vested and exercised by
its Board of Directors composed of nine members, chaired by the Secretary of
Department of Transportation (DOTr), seven ex-officio members from the
Department of Finance (DOF), Department of Budget and Management (DBM),
Department of Public Works and Highways (DPWH), National Economic
Development Authority (NEDA), Land Transportation Franchising and Regulatory
Board (LTFRB), Metropolitan Manila Development Authority (MMDA), Administrator
of LRTA and a representative from the private sector, appointed by the President of
the Philippines. It is headed by an Administrator, assisted by two Deputy
Administrators and 10 Department Managers.
LRTA is presently managing the Light Rail Transit Line 2 System which runs from
Santolan, Pasig City to Recto, Manila. On September 12, 2015, LRTA transferred the
management and operations of Line 1 System (Baclaran, Paranaque City to
Roosevelt, Quezon City) to Light Rail Manila Corporation (LRMC), a private firm, in
accordance with the Concession Agreement dated October 2, 2014.
The LRTA manpower as of December 31, 2019 is composed of 342 permanent, 480
contractual and 337 contract of services employees.
The LRTA’s registered office is located in LRTA Compound, Marcos Highway,

Santolan, Pasig City.
2. STATUS OF OPERATIONS
2.1 Railway Operations
The LRTA services have been a critical part of the daily lives of the
commuting public. A pioneer of the industry, it has become the country’s
prime mover in the rail transport sector serving the needs of millions of
Filipinos by exploring avenues where the LRT System could continuously
provide efficient transport services while promoting economy and efficiency of
operations.

2.1.1 Line 1 System
a. Constructed in September 1981 the Line 1 System is the first LRT

system in Southeast Asia. It has a total route length of 20.7
kilometer elevated track with 20 stations from Baclaran to
Roosevelt. These trains have a maximum capacity of 3,864
passengers. It transports about 475,000 passengers on a
weekday basis. It is served by a mixed fleet of three types of
rolling stocks in the configuration of three or four cars or light rail
vehicles (LRVs).
b. In providing quality and seamless mobility, the LRTA upholds its

core value of genuine public service through partnership projects
and programs with various stakeholders in both government and
private entities and development partners. To improve the
existing Line 1 System that currently provides access to Central
Manila and expands this further at its south end particularly to the
Cavite Province, the Department of Transportation (DOTr),
formerly known as Department of Transportation and
Communication, and LRTA, as Grantors, entered into a
Concession Agreement under the Public-Private Partnership
(PPP) with Light Rail Manila Corporation (LRMC) to operate and
maintain the existing Line 1 System. Construct the LRT Line 1
Cavite Extension. Under this Concession Agreement, LRMC will
finance 50 percent of the construction costs. Thus the Operation
and Maintenance of existing LRT 1 System was handed over to
the LRMC, the private concessionaire, on September 12, 2015.
The first and second concession payments amounted to P1.807
billion (tax inclusive). LRTA’s share as co-grantor of DOTr in the
amount of P935.010 million was directly paid to the Bureau of the
Treasury (BTr) by LRMC and the rest is DOTr’s share as grantor.
The Agency’s share in the bid premium amounting to P834.8
million was applied by the BTr to NG Advances in 2016 and was
only recorded in LRTA’s book on December 31, 2016 after receipt
of supporting documents from the BTr.
2.1.2 Line 2 System
a. The LRT Line 2 System has a total route of 13.8 kilometer track of
11 stations consisting of ten elevated and one underground
station from Santolan in Pasig to Recto in Manila. Also known as
the “Megatren”, the LRT Line 2 is the latest among the three rail
systems. It is equipped with a CCTV system and Braile tactile
along the lanes and elevators to guide blind passengers during
boarding and alighting the train and stations. On a daily basis,
Line 2 is transporting an estimate of 200,000 passengers and can
accommodate up to 500,000 due to its wider interior and larger
capacity compared to Line 1 and with automatic vending
machines, which enable the passengers to buy tickets without
queuing at the ticket booths. It has a fleet of 18 four-car trains,
each of which has a capacity of 1,628 passengers.

b. In compliance to RA 10149 the GOCC Governance Act of 2011,
the Governance Commission for GOCC’s (GCG) mandates the
LRTA to actively implement the Performance Evaluation System
(PES). For CY 2017, the application of the Authority for the
mandatory requirements for performance accomplishment (PBB)
is on-going. In 2019, Line 2 transported 56.424 million passengers
with a daily average of 156,299 passengers, while in 2018 LRTA
transported 64.583 million passengers for a decrease of thirteen
(13%) percent.
c. As to financial standing, the Authority has sustained a negative

ratio of Rail Revenue and Direct Operating Costs of 1:0.73. This
means that the Rail Revenue generated by LRTA is not enough to
cover its Operating Expenses for the year, excluding the
disbursements for the on-going Projects.
d. Gross Rail Revenue collection during the year amounted to

P1.069 billion or 14 percent lower than the P1.244 billion in 2018.
The decline in revenue is attributed to the reduction in ridership
patronage due to the reduced number of trains running. This was
also attributed to Collision accident last May 2019 and the Fire
incident in October 2019.
e. On the other hand, Total Non-Rail Revenue collection for CY 2019

was P493.53 million comprising Income from rental of commercial
and advertising spaces, Interest Income, Other Service Income
and Other Miscellaneous Income. This is twenty-one percent
(21%) higher than the CY 2018 Non-Rail Revenue of P407.93
million.
2.1.3 Contactless Ticketing System
This Automated Ticketing System Project made fare collection

systems of LRT Lines 1 and 2 and MRT 3 interoperable, that
reduced the transfer time, passengers inconvenience and costs
between the three lines. The Department of Transportation and the
AF Consortium signed the Concession Agreement for the
Automated Fare Collection System Project on March 31, 2014. This
System started in October 2015.
2.2 Railway Projects
As the seat of the Government and the center of economic activity and
commercial development, Metro Manila, as well as nearby cities, has
experienced rapid urbanization and dramatic rise in the population through
the years. In response to the rising demand for high-speed mobility and
motorization, the LRTA has taken initial steps in bringing a medium,
sustainable mass transportation that does not only promise a safe, fast,
reliable, and efficient service to the riding public, but also spurs economic

growth in generating revenues for the government through its operations and
non-rail activities.
To provide better service to valued commuters, LRTA has continued the

implementation of Passenger Boarding Limit per Platform and Train Trip
which gained positive feedback from commuters. LRTA also created its
official Feedback and Twitter accounts, which made filing of Customer
Complaints Feedback Report easier.
A summary of the status of LRTA programs and projects:
a. Line 1 North Extension (Closing the Loop) Project
In an Agreement dated September 28, 2016, the government and its

major conglomerates agreed to construct a Common Station between SM
North Edsa and Trinoma malls that will link the Line 1 North Extension
and Metro Rail Transit Line (MRT) Line 3. This project, however, is
awaiting construction.
b. Line 1 South (Cavite) Extension Project
This project aims to expand the existing Line 1 southward to the cities of
Parañaque, Las Piñas and the municipalities of Bacoor, Imus, and
Dasmariñas in Cavite through an initial extension of 11.7 kilometers. In
order to achieve this, eight (8) passenger Stations, a Satellite Depot at
the south end of the line and intermodal facilities in high demand stations
namely Niog, Zapote, and Dr. A. Santos Stations will be constructed.
As of December 31, 2019, 180 out of the total 227 lots were already
acquired and negotiation with property owners for the acquisition of the
remaining Right-of-Way (ROW) where the Cavite Extension will be
constructed is ongoing.
c. Line 2 Extension (East/West) Project
 The East Extension Project adds 3.9 more kilometers eastward from
the existing Santolan Station in Marcos Highway to Masinag, Antipolo.
Two additional stations located in Cainta, Rizal and in Masinag
Junction in Antipolo City are now under construction. The viaduct for
this project was already completed while the two stations and the
electro-mechanical system are scheduled to be completed in 2020.
The project aims to accommodate an additional 80,000 passengers
and reduce traffic congestion along Marcos Highway. When the
project is completed, it will reduce travel time from Recto to Masinag
from 3 hours to only 40 minutes.
 Line 2 West Extension Project
The proposed project involves the design and construction of the

extension for the existing LRT line 2, a total length of approximately
3.02 kilometers from Recto Station extending westward to the Pier 4

area including the turn-back track. The three (3) proposed additional
station include; a) Tutuban Stations – located next to the Cluster Mall;
b) Divisoria Station – located west of the Recto Avenue and Asuncion
Street intersection; and c) Pier 4 station – located 50 meters north of
Zaragoza Street.
The design parameters for the project shall be consistent with those of
the existing line. The project will include Right of Way Acquisition
(ROWA), as well as procurement of additional electromechanical
requirements including five (5) ne 4-car rolling stocks. Lines 1 and 2
Rehabilitation Project
Rehabilitation, restoration and improvement works are to be undertaken in

the Line 1 and Line 2 Systems, tracks, facilities and equipment to ensure the
efficiency and safety of both systems and the riding public. For CY 2019,
LRTA completed Replacement of Rolling Stock Air-Conditioning Units for Ten
(10) Trainsets on May 24, 2019. This project complied with R.A 8749 also
known as Clean Air Act of 1999.
To further improve its financial condition and reduce its dependence on

government subsidy, LRTA is closely and continuously coordinating with the
Department of Finance (DOF) regarding the conversion of BTr Advances into
subsidy to reduce losses due to interest and foreign exchange difference. For
its long range plan, LRTA intends to pursue lobbying Congress to pass a Bill
in order to increase its Capitalization from P3.0 billion to P100.0 billion.
3. STATEMENT OF COMPLIANCE AND BASIS OF PREPARATION OF FINANCIAL

STATEMENT
The financial statements have been prepared in compliance with International Public
Sector Accounting Standards (IPPSASs) prescribed by the Commission on Audit
through COA Resolution No. 2014-003 dated January 24, 2014. It adopted
appropriate accounting standards, which prescribed new accounting measurement
and disclosure practices in conformity with Philippine Accounting Guidelines (PAG)
and Philippine Public Sector Accounting Standards (PPSAS) as follows.
IPSAS 1, “Presentation of Financial Statements” prescribes the manner in which

financial statements should be presented to ensure comparability both with the
entity’s financial statements of previous periods and with the financial statements of
other entities. It provides criteria for classifying assets as current assets and other
assets shall be classified as non-current.
IPSAS 12, “Inventories” prescribes the accounting treatment for inventories. It

provides guidelines on the determination of cost and its subsequent recognition as
an expense, as well as cost formula that are used to assign costs to inventories.
Property Plant and Equipment (PPE) that are still under the custody of the property
custodian starting January 1, 2016 shall be reclassified as semi-expendable office
equipment if the cost is below P15,000.

IPSAS 3, “Accounting Policies, Changes in Accounting Estimates and Errors”
states that to the extent that a change in an accounting estimate gives rise to
changes in assets or liabilities, or relates to an item of equity, it is recognized by
adjusting the carrying amount of the related asset, liability or equity item in the period
of the change.
IPSAS 14, “Events after the Reporting Date” requires disclosure of the date of
authorization for issue of the entity’s financial statements and who gave such
authorization.
IPSAS 4, “The Effects of Changes in Foreign Exchange Rates” prescribes the

accounting treatment for foreign currency transactions and provides guidance on the
translation method and on determining the functional and presentation currencies of
a reporting entity. Under this standard, foreign exchange differences are now
recognized in Net Income or Loss since capitalization of the same is no longer
permitted in any circumstances.
The financial statements have been prepared on the basis of historical cost, unless
stated otherwise. The Statement of Cash Flows prepared using direct method.
The financial statements are presented in peso (P), which is also the country’s
functional currency.
Amounts are rounded off to the nearest peso, unless otherwise stated.
4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
4.1 Basis of Accounting
The preparation of financial statements requires Management to make

judgments, estimates and assumptions that affect the application of policies
and reported amounts of assets and liabilities, income and expenses. The
estimates and assumptions used are based on Management’s evaluation of
relevant facts and circumstances as of the date of the financial statements.
Actual results may differ from such estimates.
4.2 Revenue Recognition
Revenues are measured at the fair value of the consideration received and
represent receivables for service in the normal course of business.
4.2.1 Operations
LRTA uses the cash basis of accounting for its revenues from rail
operations, and non-rail revenues generated from rental of
commercial and advertising spaces.

4.2.2 Interest Income
Interest income on High Yield Savings, special and time deposits is

accrued on a time proportion basis, by reference to the principal
amount outstanding and at the interest rates applicable.
4.2.3 Subsidy
In accordance with existing accounting and auditing laws, rules and

regulations, subsidies received from the National Government to fund
railway projects, as well as budgetary support for import duties and
taxes, are recognized as Subsidy Income.
4.3 Property, Plant and Equipment
Property, Plant and Equipment that qualifies for recognition as an Asset

measured at cost less accumulated depreciation. The initial cost of fixed
assets consists of its purchase price including import duties and non-
refundable purchase taxes and any costs directly attributable in bringing the
asset to its working condition and location for its intended use. It also includes
interest on borrowed funds used during the construction period. After the
assets have been put into operations subsequent expenditures are charged
to operations, except in situations where it can be clearly demonstrated that
the expenditures have resulted in an increase in future economic benefits and
are capitalized as additional costs of the assets.
Depreciation is computed on a straight-line basis over the following estimated

useful lives of the assets:
Estimated Useful Life

Major Asset Category
in Years
Land Improvement 10
Office Building 50
Building – Other Structures 50
Transportation Equipment – Trains 30
Electrification, Power and Energy Structures 30
Other Property, Plant and Equipment 25
Signaling Equipment 15
Communication Equipment 15
Furniture and Fixtures 10
IT Equipment and Software 3
Other Machinery and Equipment 10
Water Pumping System 30
Office Equipment 10
Machinery 10
Motor Vehicles 7
The estimated useful lives are reviewed periodically and are updated if
expectations differ from previous estimates. It is also based on collective
assessment of industry practice, internal technical evaluation and experience
with similar assets and issuances or policies on the matter by COA.

4.4 Construction-in-Progress
Construction-in-Progress is stated at cost. This includes the cost of

construction, plant and equipment and other direct costs. Depreciation is
taken up when the relevant assets are completed and put into operational
use.
4.5 Foreign Currency Transaction
Transactions denominated in foreign currencies are initially recorded in the

functional currency prevailing at the date of the transaction. Monetary assets
and liabilities denominated in foreign currencies are restated using the
Philippine Dealing and Exchange Corporation System (PDEx) rate as of
December 31, 2019. The resulting gains or losses arising from the exchange
differences are recognized in the Statement of Comprehensive Income, in
compliance with IPSAS 4.
4.6 Borrowing Costs
Borrowing costs include interest charges, guarantee fees and other costs
incurred in connection with the loans used to finance the projects. It is
generally expensed as incurred. However, borrowing costs are capitalized if
they are directly attributable to the acquisition, construction or production of a
qualifying asset and prior to the commencement of operation.
4.7 Cash and Cash Equivalents
Cash includes cash on hand and in banks. LRTA considers all highly liquid
instruments that are readily convertible to known amounts of cash with
original maturities of three months or less from the date of acquisition as cash
equivalents. Those that are intended for various projects are presented under
the Other Assets account.
4.8 Receivables
Receivables are stated at face value, net of allowance for doubtful accounts.
Allowance for Impairment-Receivables is established as a certain percentage
of age of receivables, as shown below:
Age Percent
Over 1 year to 2 years 10
Over 2 years to 3 years 15
Over 10 years 100
This percentage is based on a collective assessment of historical collection,

write-down experiences and specific identification of uncollectible accounts.
The policy on the determination of bad debt expense and the writing down of

long outstanding receivables was approved by the LRTA Board of Directors
in a meeting held on December 16, 2009.
4.9 Inventories
Inventories are stated at cost, which include acquisition cost of inventories

purchased.
4.10 Contingencies
At present, the Authority has several pending legal and expropriation cases.
The estimates of the probable costs for the settlement of these claims have
been developed in consultation with the counsels handling the defense on
these matters and based on an analysis of potential results. Contingent
liabilities are not recognized in the financial statements but the possible
contingent claims are disclosed in Other Matters Note 29. Similarly, a
contingent asset is not recognized but disclosed when an inflow of economic
benefits is probable.
5. CASH AND CASH EQUIVALENTS
This account consists of the following:
2018
Particulars 2019 As Restated
Cash on Hand 6,280,013 8,134,097
Cash in Banks - Local Currency 63,651,217 133,824,870
Cash in Banks - Foreign Currency 3,421,750 3,421,750
Cash Equivalents 10,586,045 10,789,966
Total 83,939,025 156,170,683
6. RECEIVABLES
6.1 Receivables
Particulars 2019 2018

Interest Receivable 47,815,186 21,971,754
Dividend Receivable 4,099 4,099
Allowance for Impairment Loss (4,099) (4,099)
Net Value of Dividend Receivables 0 0
Total 47,815,186 21,971,754
Interest Receivables are receivable on High Yield Savings Accounts
6.2 Inter-Agency Receivables

Due from National Government Agency 378,899,758 707,997,432
Due from Government Corporation 261,077 261,077

Due from Subsidies and Affiliates 697,500 697,500
Total 379,858,335 708,956,009
6.3 Intra-Agency Receivables

Due from Line 1 South Extension Project 399,520,033 2,058,443,466
Total 399,520,033 2,058,443,466
Due from National Government Agency pertains mainly to the funds transferred to
Procurement Service-Department of Budget and Management (PS-DBM) for the
procurement of supplies, equipment, infrastructure projects and consultancy services
pursuant to the Memorandum of Agreement dated September 16, 2015 entered into
by the former and LRTA.
6.4 Other Receivables

Receivables – Disallowance/Charge 35,097,715 35,097,715
Due from Officers and Employees 351,332 223,377
Other Receivables 34,795,630 29,999,071
Allowance for Impairment Loss (29,999,071) (29,999,071)
Total 40,245,606 35,321,092
Other Receivables includes Due from Officers and Employees and Receivables on
various disallowances and charges.
6.5 Aging/Analysis of the Receivables
Past Due
Gross Total Current
<30 days 30-60days >60days
Interest Receivable 47,815,186 47,815,186 0 0 0
Dividend Receivable 0 0 0 0 0
Inter-Agency Receivables 379,858,335 0 0 0 379,858,335
Intra-Agency Receivables 399,520,033 0 0 0 399,520,033
Other Receivables 40,245,606 0 0 0 40,245,606
Total 867,439,160 47,815,186 0 0 819,623,974
7. INVENTORIES
This account consists of inventory held for consumption:

Spare parts Inventory 415,618,794 477,173,159
Office Supplies Inventory 716,752 951,713
Other Supplies Inventory 80,580 152,050
Total 416,416,126 478,276,922

Other Supplies and Materials Inventory is being maintained for the repair and
maintenance of rolling stocks, while other supplies and materials are used in the
operations
8. PROPERTY, PLANT AND EQUIPMENT
This account is composed of the following:
Buildings and Machinery Furniture, Service

Land & Land Other Infrastructure and Transportation Fixtures & Concession Construction
Particulars Improvement Structures Assets Equipment Equipment Books Assets In Progress TOTAL
Carrying 9,782,505,848 7,650,231,007 14,395,509,910 317,562,240 3,152,487,588 192,770 14,652,080,843 1,681,768,614 51,632,338,820
Amount,
January 1,
2019
Additions/ 241,475,139 0 144,989,962 0 33,427,308 0 6,105,271,528 309,436,139 6,834,600,076
Acquisition
Adjustments 0 (6,453,636,234) 0 (67,755,476) 0 (99,948) 0 0 (6,521,491,658)
Total 10,023,980,987 1,196,594,773 14,540,499,872 249,806,764 3,185,914,896 92,822 20,757,352,371 1,991,204,753 51,945,447,238
Depreciation (1,281,405) (112,976,539) (417,322,210) (33,350,486) (502,217,645) (37,649) (1,197,986,758) 0 (2,265,172,692)
Carrying 10,022,699,582 1,083,618,234 14,123,177,662 216,456,278 2,683,697,251 55,173 19,559,365,613 1,991,204,753 49,680,274,546
Amount,
December
31,2019
(As per
Statement of
Financial
Position)
Gross Cost
(Asset
Account
Balance Per
Statement of
Financial
Position) 10,032,209,611 1,513,619,477 22,595,501,288 691,141,925 5,944,475,088 7,308,930 36,410,317,390 1,991,204,753 79,185,778,462
Accumulated
(9,510,029) (430,001,243) (8,472,323,626) (474,685,647) (3,260,777,837) (7,253,757) (16,850,951,777) 0 (29,505,503,916)
Depreciation
Carrying
Amount,
December
31,2019
(As per
Statement of
Financial
Position) 10,022,699,582 1,083,618,234 14,123,177,662 216,456,278 2,683,697,251 55,173 19,559,365,613 1,991,204,753 49,680,274,546
Property, Plant and Equipment

As at December 31, 2018
Buildings and Machinery Furniture, Service

Land & Land Other Infrastructure and Transportation Fixtures & Concession Construction
Particulars Improvement Structures Assets Equipment Equipment Books Assets In Progress TOTAL
Carrying 9,128,001,692 6,742,389,350 14,748,348,857 361,617,178 3,232,487,591 189,154 12,232,570,316 7,552,288,842 53,997,892,980
Amount,
January 1,
2018
Additions 655,785,561 1,359,631,995 72,257,383 80,855,165 94,458,291 412,654 4,918,383,441 (5,870,520,228) 1,311,264,262
/Acquisition
Total 9,783,787,253 8,102,021,345 14,820,606,240 442,472,343 3,326,945,882 601,808 17,150,953,757 1,681,768,614 55,309,157,242
Disposals 0 (238,314,967) (16,287,037) (82,079,655) (4,832,759) (371,389) (1,883,789,677) 0 (2,225,675,484)

Depreciation (1,281,405) (213,475,371) (408,809,293) (42,830,448) (169,625,535) (37,649) (615,083,237) 0 (1,451,142,938)
Carrying 9,782,505,848 7,650,231,007 14,395,509,910 317,562,240 3,152,487,588 192,770 14,652,080,843 1,681,768,614 51,632,338,820
Amount,
December
31,2018 (As
per Statement
of Financial
Position)
Gross Cost
(Asset
Account
Balance Per
Statement of
Financial
Position) 9,790,734,472 10,938,630,165 22,447,997,820 972,373,867 5,593,475,090 8,742,797 26,541,214,933 1,681,768,614 77,974,937,758
Accumulated
(8,228,624) (3,288,399,158) (8,052,487,910) (654,811,627) (2,440,987,502) (8,550,027) (11,889,134,090) 0 (26,342,598,938)
Depreciation
Carrying
Amount,
December
31,2018
(As per
Statement of
Financial
Position) 9,782,505,848 7,650,231,007 14,395,509,910 317,562,240 3,152,487,588 192,770 14,652,080,843 1,681,768,614 51,632,338,820

9. OTHER INVESTMENTS
This account pertains to investments in Philippine Long Distance Telephone

Company.
10. OTHER ASSETS
10.1 Current Other Assets
2018
Input Tax 76,590,885 89,564,337
Advances to Contractor 132,905,437 111,694,966
Prepaid Insurance 161,389 298,968
Other Prepayments 474,840 0
Guaranty Deposits 31,183,531 30,983,531
Deposit on Letters of Credit 7,928,445 37,510,720
Restricted Fund For:
Line 1 South Extension Project 1,420,223,428 1,519,390,959
Line 1 North Extension Project 1,388,223,068 1,377,888,922
Line 2 PMO Project 148,339,476 72,882,426
Rehabilitation Project 3,452,815,285 4,051,155,285
Other Restricted Cash 194,206,996 387,647,361
Line 2 East Extension Project 16,782,724 0
Line 2 West Extension Project 170,416,375 0
Total 7,040,251,879 7,679,017,475
Input Tax_refers to value-added taxes imposed on local purchases of goods and

services, which are deductibles from output taxes on rental or lease income of
property.
Advances to Contractors consist of 15 percent mobilization fees on infrastructure

projects.
Guaranty Deposits account pertains to the deposits required by various creditors

to guarantee payment of utilities such as MERALCO, water companies and
gasoline stations.
Deposits on Letters of Credit cover additional works on Line 1 Capacity

Expansion Project, Package B and Supplemental Agreement.
Restricted Funds:
a. Line 1 South and North Extension Projects represent the balances of the
subsidies received from the National Government intended for the aforesaid
projects. Funds are deposited under separate bank accounts and all interests
accruing on these deposits are taken up as current income. These are
considered restricted cash since these are funds intended for specific
purposes.

b. Financial Assistance to Passengers represents cash set up to cover
expenses of passengers in case of accident.
c. Collaterals for Legal Cases are appeal bonds on various labor cases filed by
former employees of Metro Transit Organization, Inc. which were paid by
LRTA in 2016.
10.2 Non-Current Other Assets
This account is composed of the following:

Other Assets 1,703,325,363 1,703,325,363
Accumulated Impairment Losses-
Other Assets 0 0
Net Value-Other Assets 1,703,325,363 1,703,325,363
Total 1,703,325,363 1,703,325,363
Other Assets consist mainly of Line 1 North Extension Fund and unserviceable
equipment of Automated Fare Collection System using magnetic tickets, which
were already replaced by Beep Cards or contactless ticketing system.
11. FINANCIAL LIABILITIES
11.1 Payables

Accounts Payable 299,200,158 307,100,251
Due to Officers & Employees 1,607,323 1,830,230
Interest Payable 78,884,904 156,212,909
Total 379,692,385 465,143,390
11.2 Bills/Bonds/Loans Payable

Current Non-Current Current Non-Current
Loans Payable- 0 0 331,800,000 0
Domestic
Loans Payable- 1,912,243,615 17,350,565,894 1,794,734,585 19,902,847,552
Foreign
Total 1,912,243,615 17,350,565,894 2,126,534,585 19,902,847,552
The Projects implemented by the Authority are substantially funded through loan
financing. Significant sources are foreign loans requiring repayment in currencies
other than the Philippine peso, primarily in US dollars. The proceeds of the loans
were utilized mainly in the acquisition of Light Rail Vehicles (LRVs), the
construction of the LRT Depot, Stations and Terminals and all other structures

needed for the Light Rail System, as well as other related projects. Details are as
follows:
Creditor Terms Interest Rates 2019 2018

Domestic Loans
LBP Renewable 3.5%-3.75% 0 331,800,000
0 331,800,000
Foreign Loans
Belgian 30 years 5.02%+1% 246,471,238 282,684,367
State Loan
DOF-Belgian State Loans
Rehab I 30 years Interest Free 31,430,476 44,852,107
Rehab II 20 years 1% relending 55,834,495 69,550,667
Rate
Natexis 21 years 1.5% + 1% 47,139,614 66,817,759
Banque
Japan Bank for International Coop. Loans
PH-P137 30 years 3%+ 2% 108,016,284 138,566,489
. relending rate
PH-P148
. 20 years 3%+1.9% 1,052,895,819 1,296,658,510
.
PH-P167 20 years Prin I – 2.7%, 3,021,762,113 3,578,220,885
. Prin II– 2.3% +
. 1% SF
PH-P171
. 20 years Prin I – 2.7%, 4,421,694,408 5,142,867,726
. Prin II –2.3%
+ 1% SF
.
PH-P185 30 years 0.75% + 1% SF 3,886,377,079 4,198,366,022
.
PH-P211
. 30 years 0.75% + 1% SF 5,821,053,587 6,265,347,504
PH-P211A
. 0.75% + 1% SF 570,134,396 613,650,101
. 19,262,809,509 21,697,582,137
Total. 19,262,809,509 22,029,382,137
.
Current Portion (1,912,243,615) (2,126,534,585)
.
Long-Term
. Loans Payable 17,350,565,894 19,902,847,552
.
a. Domestic Loan
Land Bank of the Philippines
The amount utilized from the P5.5 Billion Omnibus Credit Line Facility
granted in 2010 is already fully paid.
b. Foreign Loans
I. Belgian State Loan
This represents the peso equivalent of the foreign loans granted by the
Government of Belgium. The first loan (rehabilitation Project Phase I) is
interest free, maturing in 30 years with a grace period of 10 years up to

year 2013. The second loan (rehabilitation of Rolling Stocks) is interest
bearing calculated at fixed rate of 5.02% per annum plus 1%, repayable
in 20 annual installments starting December 31, 2006.
II. Department of Finance - Belgian State Loan
A Subsidiary Loan Agreement was entered into with the Department of

Finance (DOF) in October 1992 for a Belgian State Loan amounting to
BFR 150,000,000. LRTA has put up an equivalent amount as counterpart
with a maturity of 30 years. The proceeds were utilized for the
Rehabilitation of LRT Line 1. Another Subsidiary Loan Agreement was
entered to finance the rehabilitation of Rolling Stocks (LRT Line 1) on
February 10, 1997, amounting to BFR 131,670,000.
III. Natexis Banque
The Government of the French Republic and the Government of the

Republic of the Philippines signed a Financial Protocol on December 18,
1995, by virtue of which the French Government has provided credit
facilities to the Philippines amounting to FF162.051 million including a
French Treasury grant of FF2.021 million and a French Treasury Loan of
FF96.018 million. Relative to these mixed credits, LRTA entered into a
contract with Natexis Banque (formerly Credit Nationale) on August 30,
1996, for a treasury loan of a maximum amount of FF33.834 million
intended to finance the purchase of French goods and services relating to
the Automated Fare Collection System Project. The loan is divided in
successive portions, each of which corresponds to the drawings made by
the Natexis Banque during a calendar quarter. Each of the loan, which
has a duration of 21 years, is repayable within 19 years in 38 equal and
successive half yearly installments and bears interest at the rate of 1 ½
percent per annum, computed on the disbursed and not yet repaid
amount.
IV. Japan Bank International Corporation (JBIC)
The Philippine Government entered into several Loan Agreements with

the JBIC that financed the following LRTA projects:
Date of Principal Amount

Ref. Agreement Name of Project In Yen
PH-P-137 12-16-1993 Engineering services for 1,259,000,000
Line 1 Capacity
Expansion Project and
LRT 2 construction
PH-P-148 12-20-1994 Line 1 Capacity 9,795,000,000
Expansion Project, Phase1
PH-P-167 03-26-1996 Line 2 Project - Non- 24,712,000
consulting services
(Principal 1) and
Consulting services
(Principal II)
PH-P-171 10-14-1997 Line 2 Package 3 Project 26,344,000

PH-P-185 09-18-1998 Line 2 Package 4 Project 13,476,000,000
PH-P-211 04-07-2000 Line 1 Capacity Expansion 22,262,000,00
PH-P211A 10-31-2000 Project Phase II
12. INTER-AGENCY PAYABLES
12.1 Current Inter- Agency Payables

Due to LGUs 676,863,411 676,863,411
Due to BIR 21,502,402 27,706,222
Due to GSIS 6,905,888 6,211,998
Due to Pag-IBIG 843,544 905,893
Due to PhilHealth 608,979 568,587
Total 706,724,224 712,256,111
Due to Local Government Units (LGUs) represent unpaid real property taxes on
real property owned by LRTA located in Manila, Quezon City, Caloocan and
Pasay. In its decision under GR. No. 155650 (MIAA vs. Court of Appeals, et. al.)
dated July 20, 2006, the Supreme Court ruled that the Manila International
Airport Authority (MIAA) is exempt from payment of real estate taxes on airport
land, buildings, except those leased to private parties. Essentially, LRTA is
similarly situated with MIAA in terms of the nature, manner and purpose of
creation.
12.2 Non-Current Inter-Agency Payables
This pertains to advances by the BTr for the amortization of principal and interest
on foreign loans incurred for LRT Lines 1 and 2 which could not be financed by
corporate funds.
2018
Regular Loans
Line 1
Belgian State Loan BFr 300M 0 630,383,706
Belgian State Loan (#12) BFr 150M 21,753,214 149,094,660
Belgian State Loan (#13) BFr 131.67M 20,462,003 51,558,296
OECF/JBIC Loan PH P 148 & 137 4,988,459,991 4,718,283,859
NG Spread for JBIC Loan PH P 137 1,496,129 78,834,169
NG Spread for JBIC Loan PH P 148 67,312,886 928,140,365
OECF/JBIC Loan PH P 211 3,635,874,155 3,280,415,099
OECF/JBIC Loan PH P 211A 276,032,645 290,804,889
NG Spread for JBIC Loan PH P 211 & 211A 137,493,554 823,303,389
French Protocol 16,930,268 20,561,490
Fortis Bank – Modernization Phase II 370,228,096 370,228,096
Fortis Bank – Modernization Phase II – NG Spread (3,685) 9,648,005

Belgian State Loan (#14) Modernization Phase II 56,880,955 58,205,687
PCIR & New Money Bonds (1992 Financing Plan/ 574,185,054 1,442,924,906
Bond Conversion)
Swiss Transfer Facility 391,517 6,148,381
Line 2
OECF Loan PH P167 8,480,226,559 7,909,114,226
OECF Loan PH P171(including NG Spread) 12,600,375,728 11,801,178,033
OECF Loan PH P185 (including NG Spread) 3,614,767,374 3,329,700,438
Guarantee Fee (Line1 –French Protocol & Line 2 - 974,008,143 940,225,901
OECF PH P 167)
Interest on Net Lending – Regular Loans Line 1 & 8,314,830,633 6,597,995,090
Line 2
Interest on Net Lending – PCIR & NMBs 54,660,204 369,128,029
Total Loans 44,206,365,423 43,805,876,331
Audit Fees 7,539,203 0
Total 44,213,904,626 43,805,876,331
13. INTRA-AGENCY PAYABLES
2018
Due to Line 1 North Extension Project 1,283,353,083 1,283,353,083
Due to Line 1 South Extension Project 0 1,660,436,406
Due to Other Funds 0 34,600,987
Total 1,283,353,083 2,978,390,476
14. TRUST LIABILITIES

Trust Liabilities 417,903,000 0
Guaranty/Security Deposit Payable 149,946,259 205,178,486
Customers Deposits Payable 21,205,638 14,498,978
Total 589,054,897 219,677,464
15. DEFERRED CREDITS

Deferred Tax Liability 212,160,442 212,160,442
Other Deferred Credits 5,167,219 2,215,825
Total 217,327,661 214,376,267
Deferred Tax Liability represents future tax liability arising from taxable temporary
differences on gain on forex exchange.

Other Deferred Credits represent the security deposits collected to Non-Rail
Lease Agreements to serve as security for payment of unpaid fees and possible
damage caused during the installation and dismantling of advertising materials.
16. OTHER PAYABLES
2018
Bidders Bond Payable 57,225 57,225
Other Payables 105,529,214 85,040,877
Total 105,586,439 85,098,102
17. SERVICE AND BUSINESS INCOME

Service Income
Fines and Penalties-Service Income 0 294
Other Service Income -GAP 41,529,290 41,145,047
Total Service Income 41,529,290 41,145,341
Business Income
Transportation System Fees 1,068,661,115 1,244,538,007
Interest Income 329,110,819 239,543,155
Rental Income 122,893,147 127,250,836
Other Business Income 2,112,299 546,057
Total Business Income 1,522,777,380 1,611,878,055
Total 1,564,306,670 1,653,023,396
18. PERSONNEL SERVICES
18.1 Salaries and Wages

Salaries and Wages- Regular 189,323,477 168,991,971
Salaries and Wages- Casual/Contractual 111,820,172 108,809,853
Total 301,143,649 277,801,824
18.2 Other Compensation

Personal Economic Relief Allowance 18,290,434 18,186,636
Overtime Pay 28,400,623 26,686,909
Year End Bonus 25,155,829 23,081,421
Mid-Year Bonus 24,845,217 22,847,869
Clothing Allowance 4,602,000 4,596,000
Cash Gift 3,796,500 3,774,250
Representation Allowance 2,983,000 2,987,500

Transportation Allowance 1,608,625 1,655,104
Longevity Pay 975,000 555,000
Other Bonus and Allowances 11,736,500 4,111,500
Total 122,393,728 108,482,189
18.3 Personnel Benefit Contributions

Retirement and Life Insurance Premiums 35,927,295 33,059,133
PhilHealth Contributions 3,535,064 3,380,756
Pag-IBIG Contributions 915,300 912,000
Employees Compensation Insurance Premiums 912,762 909,628
Total 41,290,421 38,261,517
18.4 Other Personnel Benefits

Terminal Leave Benefits 1,025,685 1,880,117
Other Personnel Benefits 44,252,779 39,680,019
Total 45,278,464 41,560,136
19. MAINTENANCE AND OTHER OPERATING EXPENSES (MOOE)
19.1 Travelling Expenses

Travelling Expenses- Local 1,417,205 2,472,146
Travelling Expenses- Foreign 451,955 97,567
Total 1,869,160 2,569,713
19.2 Training and Scholarship Expense

Training Expenses 4,433,841 6,845,547
Total 4,433,841 6,845,547
.+/
19.3 Supplies and Materials Expenses

Fuel, Oil, and Lubricant Expenses 3,026,225 2,630,842
Office Supplies Expenses 2,693,414 3,480,936
Drug & Medicines Expenses 97,700 92,021
Medical, Dental & Laboratory Supplies 25,299 8,130
Other Supplies & Material Expenses 6,289,284 4,172,887
Total 12,131,922 10,384,816

19.4 Utility Expenses

Electricity Expenses 2,543,639 1,426,326
Total 2,543,639 1,426,326
19.5 Communication Expenses

Telephone Expense- Mobile 1,664,185 2,199,273
Internet Subscription Expenses 1,144,597 196,485
Telephone Expense- Landline 558,646 615,338
Postage and Courier Services 24,945 26,187
Cable, Satellite, Telegraph & Radio Expenses 11,460 0
Total 3,403,833 3,037,283
19.6 Awards/Rewards and Prizes

Awards/Rewards Expenses 1,369,000 270,000
PRAISE 0 774,000
Total 1,369,000 1,044,000
19.7 Survey Expense

Survey Expenses 1,171,900 1,016,880
Total 1,171,900 1,016,880
19.8 Professional Services
Particulars 2018
2019 As Restated
Auditing Services 7,825,133 7,051,992
Consultancy Services 4,241,560 2,212,200
Legal Services 56,410 19,669
Other Professional Services 39,462,252 34,757,728
Total 51,585,355 44,041,589
19.9 General Services

Security Services 24,034,865 4,631,160
Total 24,034,865 4,631,160

19.10 Repairs and Maintenance

Repairs & Maintenance-Motor Vehicles 435,936 830,170
Repairs & Maintenance-Other Structures 47,839 43,057
Repairs & Maintenance-Office Building 10,670 170,760
Repairs & Maintenance-Office Equipment 9,039 15,787
Repairs & Maintenance-Other Machinery 0 930
Total 503,484 1,060,704
19.11 Taxes, Insurance Premiums and Other Fees

Taxes, Duties and Licenses 94,515,814 82,910,338
Insurance Expenses 9,822,202 11,212,112
Fidelity Bond Premiums 411,150 175,200
Total 104,749,166 94,297,650
19.12 Other Maintenance and Operating Expenses
2018
Representation Expenses 829,070 526,128
Documentary Stamp Expenses 617,791 2,527,274
Miscellaneous & Extraordinary Expenses 385,055 233,552
Advertising, Promotional & Marketing Expenses 226,774 428,325
Rent/Lease Expenses 157,250 13,680
Printing & Binding Expenses 16,665 119,577
Transportation & Delivery Expenses 4,663 15,229
Subscription Expenses 0 139,805
Other MOOE - Other Expenses 5,980,644 3,632,155
Total 8,217,912 7,635,725
20. FINANCIAL EXPENSES

Interest Expenses 2,275,934,160 1,960,513,798
Bank Charges 598,109 43,744
Total 2,276,532,269 1,960,557,542

21. DIRECT COSTS
This account is comprised of the following:

Maintenance LRT System 212,479,188 303,812,108
Power 199,961,189 209,656,754
Overhead 187,731,533 144,795,988
Materials 135,908,813 58,370,075
Total 736,080,723 716,634,925
22. NON-CASH EXPENSES
This account consists of the following:
22.1 Depreciation

Depreciation-Service Concession Assets 1,197,986,758 615,083,237
Depreciation-Trains 500,683,510 168,091,400
Depreciation-Railway System 340,649,123 332,090,789
Depreciation-Buildings 105,430,624 210,763,546
Depreciation-Electrification, Power and 74,329,637 75,708,135
Energy Structure
Depreciation-Office Equipment 12,626,628 7,026,235
Depreciation-Communication Equipment 3,282,262 23,562,866
Depreciation-ICT Equipment 2,375,776 3,174,240
Depreciation-Water Supply System 2,343,450 1,010,369
Depreciation-Motor Vehicle 1,534,135 1,534,135
Depreciation-Land Improvements 1,281,405 1,281,405
Depreciation-Furniture, Fixtures & Books 37,649 37,649
Depreciation-Other Equipment 15,065,820 9,067,108
Depreciation-Other Structures 7,545,915 2,711,825
Total 2,265,172,692 1,451,142,939
22.2 Impairment Loss

Impairment Loss-Other Receivables 0 65,628
Total 0 65,628

23. NON-OPERATING INCOME, GAIN OR LOSSES
23.1 Non-Operating Income/Gain

Gain on Foreign Exchange (FOREX) 530,664,543 339,979
23.2 Non-Operating Losses

Loss on Foreign Exchange (FOREX) 19,346,290 1,646,396,064
Loss on Sale of Property, Plant and 0 19,556,003
Equipment
Total 19,346,290 1,665,952,067
Foreign Exchange Gain/Loss is a result of repayment and revaluation of various

foreign-denominated loans, especially JBIC loans. The 2019 foreign exchange
loss was attributable to the weakening of the peso against Yen recorded at year-
end at 0.009011 to US$1 and US$1 to P50.744 compared to 0.008859/US$1 and
US$1 to P52.724 in December 2018.

Conversion Rate of a Dollar to Peso 50.744 52.724
Foreign Loans 19,262,809,509 21,697,582,137
Repayment revaluation 1,923,207,713 1,957,182,955
Total 21,186,017,222 23,654,765,092
Foreign Exchange Gain
On Repayment (Realized) 7,991,136 339,979
On Revaluation (Unrealized) 522,673,407
Total 530,664,543 339,979
Foreign Exchange (Loss)
On Repayment (Realized) (19,346,290) (173,826,361)
On Revaluation (Unrealized) (1,472,569,703)
Total 19,346,290 (1,646,396,064)
24. SUBSIDY

Subsidy from National Government 4,033,964,298 514,788,051
LRTA received budgetary support from the Department of Budget and

Management for the procurement of LRT Line maintenance contract,
rehabilitation projects of LRT Lines 1 and 2 and operating subsidy.
25. PAID UP CAPITAL
The P3.0 billion capitalization of LRTA is almost fully subscribed. As a result of

consolidating all accounts of Fund 101 and 102 under the Modified Disbursement

Scheme (MDS), the Government’s Equity is shown in the books as Deposit for
Future Subscription.
26. SUBSIDIES UNDER MODIFIED DISBURSEMENT SCHEME (MDS)/DEPOSITS

FOR FUTURE SUBSCRIPTION
Separate sets of books of accounts were maintained for subsidies received by

LRTA from the National Government, released thru the DOTr, formerly known as
DOTC, under the Modified Disbursement Scheme (MDS), pursuant to the
Special Provision under the General Appropriations Act.
The Commission on Audit recommended in the Annual Audit Reports for CYs
2010 and 2011 to recognize the indirect subsidies as LRTA’s assets with a
corresponding credit to the account “Deposits for Future Subscriptions” since
ultimately the indirect subsidies received from the National Government will be
converted into equity upon the enactment of a law increasing the capitalization of
LRTA. The transactions pertaining to the receipt and utilization of the subsidies
should be accounted and consolidated in the LRTA corporate books to ensure
that the financial statements of LRTA present the complete picture of the
Authority’s financial position and results of operations.
This matter has been brought to the attention of the DOTr for definite guidelines.
The consolidation of these accounts was implemented in year 2012 without
prejudice to the maintenance of separate records and reportorial requirements of
the DOTr.
27. INCOME TAXES
LRTA is subject to corporate income tax. However, a Minimum Corporate Income

Tax (MCIT) computed at the rate of two percent shall be imposed whenever the
amount of MCIT is greater than the normal income tax due.
28. INFORMATION REQUIRED UNDER RR 15-2010 OF THE BUREAU OF

INTERNAL REVENUE
The Bureau of Internal Revenue (BIR) issued on November 25, 2010, Revenue
Regulations (RR) No. 15-2010, amending certain provisions of RR No. 21-2002,
companies are required to provide information on taxes, duties and license fees
paid or accrued during the taxable year. In compliance with said requirements,
shown below are the comparative taxes, duties and licenses paid and/or accrued
during the year.

Tax Type 2019 2018 Remarks
Common Carriers 36,736,942 30,861,513 LRTA is a non-VAT
registered entity on
its railway
operations. However,
pursuant to RR No.
2-98, it is subject to
Common Carriers’
Tax at the rate of
three percent of
gross revenues on
railway operations.
Value-Added Tax 2,952,969 12,454,284 VAT output tax
declaration on rental
income with respect
to the company’s
non-rail operations
as a VAT-registered
entity.
Documentary Stamp 617,790 2,527,274 LRTA paid DST on
Domestic Loans with
its LBP Omnibus
Credit Line of
P1,767,271,000.
Withholding Tax on:
a. Compensation and 29,980,610 34,609,161
Benefits
b. Creditable
Withholding on:
b.1 VAT 64,002,915 50,154,422
b.2 EWT 24,213,367 19,530,215
All Other Taxes
a. Licenses and permits 500 474,540
b. Car Registration 154,192 133,903

Total 158,659,285 150,745,312
a. Deficiency Tax Assessment
This pertains to the deficiency tax assessment of P9.3 million on VAT,

withholding tax on compensation, expanded withholding tax and withholding
VAT for CY 2003. LRTA filed on February 02, 2012, a protest on the BIR’s
Final Assessment Notice dated November 23, 2011. Until now, no reply has
been received from the BIR.
b. Real Property Tax Assessments
The cases for assessment of Real Property Taxes filed in five cities in Metro
Manila are as follows:

Name of City Amount
Caloocan City 1,163,138,057
Manila 1,022,255,405
Pasay City 659,665,917
Quezon City 515,204,769
Marikina City 62,614,065
3,422,878,213
29. OTHER MATTERS
There are several pending claims and lawsuits instituted by or against the
Authority, which include, among others the following:
29.1 An Arbitration Case No. 88-001 was instituted by the Philippine National
Construction Corporation (PNCC) against LRTA for the recovery of
various claims in connection with the contract for the design, supply,
construction, installation and financing of the Metro Manila Light Rail
Transit System No. 1 in the original amount of P1.4 billion.
Management and its legal counsel believe that the outcome of other
claims and lawsuits would not have a material effect on the current year
financial statements.
29.2 Civil Cases
Case Title Status/Remarks

LRTA VS. STRONGHOLD LRTA received a Notice of Appeal
INSURANCE CO., INC. AND filed by defendant Stronghold dated
TRACKWORKS December 7, 2017.
Civil Case No. 06-0108-CFM Received decision on November 22,

RTC Br. 119, Pasay City 2017 dismissing the case based on
pre-maturity. Parties are ordered to
submit to arbitration pursuant to the
Arbitration Law. Hence, on
November 28, 2017, LRTA
manifested that it has no objection to
said Order and it thus submitting
itself to arbitration

REMEDIOS MASCARIÑAS, The court resolved on April 18, 2018
ET.AL. VS. LEYBA AND LRTA to dismiss the appeal of defendant-
appellant Martinez Leyba, in for lack
Civil Case No. 03-108256 of Merit.
RTC Branch 42 Manila
Furthermore, it affirmed with
CA-GR CV No. 105829 SPECIAL modification, the Decision dated
16TH Division January 26, 2015 granting the award
of temperate damages to plaintiff-
appellants Remedios M. Mascariñas
and Dina M. Mascariñas by adjusting
the award to P500,000 considering
the pecuniary loss from loss of
income from October 1995 to
January 2001; moral damages in the
amount of P100,000. It also affirmed
the rest of the disposition in the said
decision for failure of both plaintiffs-
appellants to show reversible error
on the part of the court a quo.
TRACKWORKS VS. LRTA Defendant moved to achieve the

Civil Case No. 70673 case. Pending Resolution.
RTC Branch 154, Pasig City
TRACKWORKS VS. LRTA Presentation of defendant

Trackwork’s evidence.
CA-G.R. SP No. 99386
Court of Appeals, Manila Undergoing Arbitration Proceedings.
In re: Petition for Cancellation of Trial on-going. Awaiting order of the

TCT No. 258063 of the Register Court setting the date for the next
of Deeds of Quezon City and hearing on the presentation of
Issue a new one in the name of LRTA’s witness. (Geodetic Engineer
Wilson Techico/Euroland Dev. Consultant-PHILSURV)
Corp and for the issuance of Writ
of possession. VS. WILSON
TECHICO
LRC Case No. Q-35494 (13)

RTC, Branch 76, Quezon City

In re: Petition for Cancellation of Trial on-going. Awaiting order of the
TCT No. 222300 of the Register Court setting the date for the next
of Deeds of Q City and Issue a hearing on the presentation of
new one in the name of Wilson LRTA’s witness. (Geodetic Engineer
Techico/Euroland Dev Corp. and Consultant-PHILSURV)
for the issuance of Writ of
possession.
LRC Case No. Q-35470 (13)

RTC, Branch 76, Quezon City
LRTA vs. Brightlight Indoor and A compromise Agreement was

Outdoor Advertising Inc. and submitted which was approved by
MAC Graphics Carranz
the Court. Accordingly, the Court
International Corporation. fixed the reasonable and legal
interest rate of 6% per annum on the
R-RH 13-14367 principal amount of P5M, which shall
RTC Branch, Branch 116, Pasay be paid and satisfied by the
City defendants in ten (10) equal monthly
installments following the schedule
provided for in Section 1 of the
Compromise Agreement, starting on
the month immediately following the
last installment payment of the
principal amount. However, as of to
date, LRTA has not yet received any
payments from the defendants
notwithstanding the aforementioned
Order of the Court.
LRTA VS. SIGHTS AND SITES Motion to re-open the case was
OUTDOOR ADVERTISING INC. granted in an Order received on July
R-RH-14-15654 10, 2018.
RTC Branch 115, Pasay City
Preliminary Conference terminated,
to submit Position Paper.
LRTA VS. RAYMOND Case was dismissed. A new case for
TRANSPORT and all other Ejectment was filed by LRTA
persons claiming rights over it. docketed as Civil Case No. M-MNL-
18-11148-CV.
MTC Manila, Branch 18
LRTA requested for exemption of
docket fees which was granted.
Raymond Transport filed its Answer
which was received by LRTA on
December 17, 2018. A copy of said
Answer was forwarded to handling
counsel.
Preliminary Conference terminated.

To submit Position Paper.
REY C. MORDENO (LRT Trial on-going.

PASSENGER) VS. LRTA, ET AL
R-RH-14-15648-N LRTA is preparing Judicial Affidavit

RTC BR. 118, PASAY of witness, Safety Specialist Officer.
Re-raffle to Branch 119,
Pasay City Submitted for resolution.
BANGKO SENTRAL NG Notice of Appeal was given due

PILIPINAS vs. ROBLES ET AL course by the RTC. Case now
elevated to the Court of Appeals in
Civil Case No. 10-123834 an Order dated November 8, 2017.
RTC Branch 7, Manila City
Decision dated May 3, 2017
indicated that respondent Ma. Elena
A. Ballasu is found GUILTY of
Indirect Contempt and is imposed
the penalty of FINE of FIVE
THOUSAND PESOS (P5,000.00),on
ground of mootness, the case
against respondent Melquiades A.
Robles, former Administrator of
LRTA, is DISMISSED. In the same
vein, for failure of the petitioner to
substantiate its claim against
respondent Rosemarie M. Osoteo,
the same is DISMISSED. Thus, On
June 5, 2017, respondent Ms.
Ballasu filed its Motion for
Reconsideration to the said
Decision.
Notice of Appeal was given due
course by the RTC. Case now
elevated the Court of Appeals.
Automation Specialists & Power Mediation on-going.

Exponents, Inc. vs LRTA
Civil Case No. MC16-10688
Isetann Department Store, Inc. Dismissed the complaint for lack of

vs. LRTA cause of action;
Civil Case No. 10-12297 Writ of Preliminary Injunction is lifted;

RTC Manila, Branch 54 Counter-claim of LRTA is denied.

Opposing party filed a Motion for

Reconciliation on the Decision of the
Court. Still awaiting decision on the
said MR.
Sunga et al vs DOTR, Quiambao, The OGCC counsel filed for Motion
Buenconsejo and DMCI to Dismiss. Continuous coordination
and monitoring with OGCC counsel.
Civil Case No. 18-11813 RTC
Taytay, Rizal Branch 99
Phoenix Omega and LRTA already filed its manifestation.

Development Management Other parties were given 15 days to
Corporation vs LRTA likewise file their respective
Manifestation. After the lapse of said
Special Proceedings No. RMNL- period, the case will be submitted for
18-06682-SP decision.
LRTA vs ALIMATAR Complaint with motion filed on

DATUMANONG MALIC December 20, 2019.
(JEWELMAL)
Case No. M-PSY-20-00083-CV
29.3 Administrative Cases
Person Involved Status/Remarks

Kabigting, Dominic K. Resolved.
Complainant failed to appeal to the

CSC. He then filed to file an appeal
to LRTA-BOD. The latter referred the
matter back to the Disciplining
Authority.
Marcos, Ferdinand Respondent manifested his intent to

file a position paper and submit the
same for resolution than have a
formal investigation.
Mendoza, Margaret Implementation of ADC Resolution

was put on hold to give management
time to review and make proper
recommendations.

29.4 COA Cases

Petition for Review/Appeal from With CGS Cluster 3 Decision No.
the Decision of the Director on 2016-17 dated May 3, 2016
the Notice of Disallowance No. affirming the ND.
14-003 (13) dated February 10,
2014 on covering the RATA of
LRTA officials
COA CP Case No. 2016-56 (ND

No. 14-003)
Petition for Review of CGS Petition for Review filed on February

Cluster 3 Decision No. 2016-32 1, 2017.
on the Notice of Disallowance
No. 14-009 (13) dated March 20, On April 19, 2017, LRTA received
2014 relative to the payment of the Answer of Director
Honorarium/Monetary Incentive Laquindanum dismissing the
Award to 19 Officials and Petition for lack of jurisdiction.
employees for the period
covering November 2010 to July With pending appeal.
2012 in the total amount of
P1,961,833.
COA CP Case No. 2017-097

ND No. 14-009 (13)
Petition for Review of CGS Respondents filed their own appeal.

Cluster 3-Public Utilities Decision
on the Appeal on the Notice of COA answered and Reply was filed.
Disallowance No. 14-013 (13) The matter is submitted for
dated March 25, 2014 covering Resolution of the COA.
the purchase of Gift Certificates
amounting to P930,000 With Cluster 3 Decision No. 2016-02
affirming the ND.
ND No. 14-013 (13)
Petition for Review of CGS LRTA filed a Petition for Review.

Cluster 3 Decision No. 2016-16 COA filed its answer.
on the Notice of Disallowance
No. 14-016 (13) dated 18 June The Petition is pending Resolution
2014 covering the by the COA.
Representation and
Transportation Allowance
(RATA) for the period of August
to December 2013 in the total
amount of P852,500.
ND No. 14-016 (13)

Payment by LRTA for the The Manager of Accounting Division

repair/rewinding of 23 units was ordered to file her appeal. The
traction motor amateur by Answer to Order by Audit Team was
TANCA International Inc. in already submitted to the Cluster.
amount of $58,800
(P3,025.104.40)
LRTA 2008-005 (2002)
29.5 Criminal Cases

People of the Philippines VS. Trial on-going.
Bernardo Rono y Moran
Crim. Case No. M-MNL-18-

05531-CR
For: Theft
29.6 Cases Handled by OGCC
Cases Status/Remarks
Augusto L. Syjuco Jr., PH.D vs. Received a copy of January 10,
Hon. Abaya, et al 2018 Supreme Court (En Banc)
Resolution on February 27, 2018.
G.R. 215650 Received a copy of January 30,

2018 Supreme Court (En Banc)
Resolution on March 15, 2018.
Received a copy of March 6, 2018

Supreme Court (En Banc)
Resolution on April 24, 2018.
Maria P. Sunga, et al. vs DOT, Filed a Motion to Dismiss on
Engr. Fernando C. Quiambao, et October 31, 2018.
al
Civil Case No. 18-11813

LRTA vs Joymart Consolidated, Per SC Resolution dated November
Inc. et al 16, 2015 received on December 11,
2015 by LRTA, to file Comment.
211281/CA-GR CV OGCC filed on January 15, 2016
100000/CC41731 LRTA’s Comment to the Petition for
Certiorari. Awaiting further order.
Ronnie T. Datuin, Edgar U. The Division Clerk of Court is

Enriquez vs. MTOI/LRTA directed to issue the corresponding
Entry of Judgement as per
NLRC CA 043693-05/ Resolution dated August 16, 2011.
NLRC NCR 00-0607121-03/
CA GR 99735
Court of Appeals
29.7 Line 1 Expropriation Cases
ANTONIO C. OPPEN Deed of Absolute Sale approved by
the Court. For processing of
Civil Case No. 08-0287/Branch payment.
196, Parañaque City
EVELYN BERNABE ET. AL. Awaiting Resolution of the Motion to

Release Deposit.
Civil Case No. 08-0265/Branch
E. RODRIGUEZ and B. GARCIA Case has been dismissed on

August 19, 2016; No TCT; No Tax
Civil Case No. 08-0282/Branch Declaration (Government Property)
FIDELITO BERNARDO, et al. Filed Motion to Release Deposit.

However, the Judge refused to act
SCA No. 11-0053/Branch 195, on the Motion until the dismissal of
Parañaque City the case.
Submitted the original SPA to the

Court on October 23, 2016.
Motion to dismiss was submitted for

resolution.

HEIRS OF ELEUTERIA Memorandum on the just
BERNARDO compensation was filed. Case is
now submitted for resolution.
Civil Case No. 11-0054/
Branch 257, Parañaque City With Writ of Possession and Permit
to Enter.
MANILA BAY DEVT. CORP. With Writ of Possession. Payment

made. Title already transferred to
Civil Case No. 12-0377 LRTA.
Branch 196, Parañaque City
LRTA vs. ADELFA Request for substitution of Engr.

PROPERTIES, INC. Noche by Mr. Ablerdao Garcia as
(FORMERLY DEMOCRITO member of the Board of
PLAZA et al.) Commissioners granted.
Civil Case No. 12-0188/Branch

ADELFA PROPERTIES, INC. Writ of Possession granted.

(FORMERLY DANILO
PASCUAL) With Decision and Certificate of
finality on just compensation.
Civil Case No. 11-0098/ Branch
257, Paranaque City
LRTA VS. ESTATE OF With Writ of Possession. Waiting for

FAUSTINO BERNARDO the issuance of court Order of
Payment. No transaction from BIR.
Civil Case No. 14-0341/ Branch
STELLA RODRIGUEZ, et. Al. A Joint Motion to Approve Deed of
RTC, Exchange dated November 15,
Parañaque Branch, City 196 2018 was submitted to the court.
Case No. 2016- 189 Continuation proceeding was set on
January 22, 2019.
ADELFA PROPERTIES, With Writ of Possession. With CAR

ROSARIO E. DE LEON and from BIR. For transfer of Title.
BANGKO SENTRAL NG
PILIPINAS As approved by Gen. Berroya,
LRTA to pay the defendants the
Civil Case No. 08-330/Branch remaining balance of
258, Parañaque City P170,820,020.00.
CORAZON RODRIGUEZ/ Mr.Ablerdao Garcia nomination as

ARACELI RODRIGUEZ/ ADELFA commissioner was submitted to
court. Judge Bersamin already lifted

Civil Case No. 08-0012 /Branch the suspension of the
198, Las Piñas City implementation of the Writ of
Possession. Hence, LRTA can now
take possession of the property.
LRTA vs HEIRS OF ALVARO The owner needs to pay the Estate

ASUNCION and EMILIANA Tax in order for PMO to proceed for
VILLANUEVA, et al SCA the voucher of payment of just
compensation.
Case No. 08-0031/Branch 255,
Las Piñas City
SPS. BONIFACIO AGUILAR and Pending resolution. Last Order on

EUGENIO BALTAZAR file dated January 29, 2016) Court
of Appeals allowed Carolina Suante
SCA Case No. 09-0013/Branch to intervene. Intervenor is no longer
255, Las Piñas City presenting evidence and will merely
adopt evidence presented by herein
defendants.
DANIEL VELASQUEZ, et al Expropriation proceedings

completed. The 605 square meter
SCA No. 11-0011/Branch 201, lot is already at LRTA's disposal by
Las Piñas City virtue of a writ of possession and
final judgment. However, the
payment of the just compensation
could not be released for failure of
the lot owners to pay the
inheritance tax.
The Motion to Release Deposit,

concurred in by defendants, is now
submitted for Resolution.
SARAO MOTORS, INC. Parties to file Joint Motion to
Dismiss.
SCA Case No. LP-08-001/Branch
198, Las Piñas City Awaiting advice from PMO on the
track re-alignment which would
increase the lot to be expropriated
from 196 square meters to 2,000
square meters more or less.
POBRE and AGUINALDO Devt. Deed of Absolute Sale was

Corporation prepared by the PMO Office and
signed by the property owner,
BCV No. 2012-278/Branch 89 pending approval of the LRTA
Bacoor, Cavite Administrator.

PERFECTO GUEVARRA Expropriation proceeding was
already terminated in favor of
SCA Case No. 11-0008/ Branch LRTA.
255, Las Piñas City
Awaiting for the affidavit of the
Registered owner to be obtained by
PMO to show that said property is
no longer in possession of the
Defendant as such was used as
collateral in a mortgage agreement.
This is for the purpose of
transferring title in the name of the
government.
MAGDALENA TALAMPAS Judgment has been implemented.

Lot owners have received the just
SCA Case No. 11-0009, Branch compensation. Transfer of title in
253, Las Piñas City process. The 186 square meter lot
is now at LRTA's disposal.
ISTHMUS REALTY Property is presumed to be owned

CORPORATION by the government. Court dismissed
the expropriation complaint. LRTA
Civil Case No. 08-0023 may proceed with the construction
RTC Branch 201, Las Piñas City on the affected lot.
CHINA BANKING With CAR, waiting for the approved

CORPORATION plan in order to facilitate the transfer
of Title. Fully paid.
With Sheriff's Return of the Writ of

SCA Case No. 11-0004, Branch Execution duly served dated
255, Las Piñas City January 9, 2017 certifying that
LRTA issued two Land Bank checks
dated February 23, 2016 and given
on July 20, 2016 personally to Atty.
Neil D. Nava as payment in the
acquisition of the subject TCTs.
On July 14, 2016, Additional

payment of P13,836,113 as
additional payment of the property
with an affected area of 1,051
square meter in favor of China Bank
as per decision from court dated
May 27, 2014 for the ROW
acquisition of L1 CAVEX.

ESTATE OF MARCELA Legal Department will file Motion for
CUENCA, et al the Nomination of commissioners
and will be discussed with Top
Civil Case BCV-2009-104 Branch Consult and Atty. Cabal.
89, Bacoor, Cavite
Motion to create a commission to
determine just compensation still
pending resolution by the court.
VERGILIO LEGASPI (Now LRTA to Nominate commissioner.

ESTATE OF CANDIDA CHAVEZ Need to discuss with Top Consult.
VDA. DE CUENCA)
Need to file a Joint Motion to Create
a Commission. As per opposing
BCV No. 2011-46/Branch 19, party, they are willing to
Bacoor, Cavite communicate with the
commissioners to determine just
compensation. Opposing counsel is
requesting that they be furnished
with a copy of the Motion the
soonest.
TEODORO C. TORTONA et al Filed Motion to Create a

Commission.
BCV No. 2011-113/Branch 19,
Bacoor, Cavite
CESAR EUSEBIO In an Order dated October 25,

2013, the Court ordered the
BCV No. 2011-45/Branch 89, issuance of an Order of
Bacoor, Cavite Expropriation and a Writ of
Possession.
LUCIA KALINISAN, et al (co- Trial on-going.

owner, Adelfa Properties, Inc.)
BCV No. 2011-49/Branch 89,

Bacoor, Cavite
JULIAN GREGORIO, et. al Filed Motion to Release Deposit.
BCV No 2014-223 Branch 19, For resolution.

Bacoor, Cavite
ESTATE OF LADISLAWA With Writ of Possession. Fully paid.

CUENCA For release of CAR from BIR.
BCV No. 2010-173 Branch 19,

Bacoor, Cavite

ESTATE OF CANDIDA CHAVEZ With Writ of Possession. Fully paid.

VDA. DE CUENCA (Formerly For release of CAR from BIR.
VergilioLegaspi)
BCV No. 2009-174, Branch 19,

Bacoor, Cavite
LRTA vs PADPO To await approval from the Land

Management Bureau through LRTA
SCA Case No. 2206 Asset Division for the subdivision
RTC Br. 160, Pasig City plan to transfer TCT in the name of
LRTA in order to process the 10%
retention due to PADPO Inc.
29.8 Line 2 Expropriation Cases
LRTA vs Spouses Florentino and Commissioners already convened
Leticia Beltran and L & F Realty and recommended the appraisal
Management value of the property in determining
the just compensation subject to the
SCA No. 00-99205 discretion of the Court.
RTC, Branch 28, Manila.
CA GR CV No. 106875
Guidote Mercantile Corp. A meeting between Atty. Belarmino
and Atty. Domasing was held last
SCA No. 01101326 July 16, 2018 regarding possible
RTC Branch 52, Manila amicable settlement. As of
December 2018, feasibility of said
amicable settlement is being
considered. On December 13, 2018,
LRTA received an order directing
the Land Bank of the Philippines,
Baclaran Branch to submit a
detailed transactional report of
Savings Account No. 0271-0932-41
under the name of LRTA for the
account of Guidote Mercantile
Corporation from time to time.

BSP vs. LRTA, et al Notice of Appeal of Defendant Ma.
Elena A. Ballasu was given due
CC No. 10-12384 RTC Branch 7 course by the Court. Entire records
Manila of the case elevated to the Court of
Appeals.
HECTOR CORPUZ, et al October 7, 2009 was set aside and

the Decision rendered by RTC,
SCA No. 00-99204 Branch 26, Manila dated May 17,
RTC, Br. 26, Manila 2007 was reinstated.
JOSE LUIS QUIMSON, et al vs. JDR was set for termination and re-
LRTA raffling. LRTA wrote a letter
addressed to Hon. Emma S. Young
RTC, BRANCH 36, Manila requesting that the case be retained
SP No. 16135196 in her jurisdiction for the ease of its
disposition.
LRTA vs Ayala Life Assurance The Land Bank of the Philippines is

Incorporated ordered to release to Ayala Life
Assurance Inc. the amount of
SCA Case No. 2326 P3,147,493.62 including the
accrued interest. Also, a writ of
execution is being caused to be
issued against LRTA for the balance
of P548,928.85 plus legal interest
from November 2002 until fully paid.
29.9 Labor Cases
Ancheta, Joane, et al Vs Received on May 4, 2017 Notice of
Variance Security Agency & Order of Execution (Re: Writ of
NLRC Execution). LRTA and Variance
Security Agency are directed to
NLRC NCR No. 1113663-15 comply with the said Notice of
Order. Sent memorandum to
finance to hold amount of the
judgment against Variance.
Notice of Conference received on

February 28, 2017. Conference/
Hearing is set on March 6 & 13,
2017.
Private Respondent filed a Verified

Comment/Opposition (Re: Verified
Petition for Extraordinary Remedies

with Urgent Application for the
Issuance of TRO and/or Writ of
Preliminary Injunction) on July 21,
2017.
Light Rail Transit Authority vs On Appeal with the Court of
Joanne Ancheta, et al Appeals.
CA-G.R. SP.No.148759 On August 2, 2017, CA issued a

resolution stating that the CMIS
Verification dated July 20, 2017 that
no memorandum has been filed by
parties are noted and that they are
now deemed waived from filing
thereof. The Petition for Certiorari
filed on December 14, 2016 is now
deemed submitted for decision.
On April 10, 2018 (received on April

18, 2018), the CA issued a Notice of
Decision stating therein that the CA
Special Eight Division rendered a
Decision regarding the Amended
Petition for Certiorari praying for the
nullification of the October 28, 2016
Decision of the NLRC in NLRC No.
10-002825-16 and the May 31, 2016
Decision of LA Agatha Daquigan in
NLRC Case No. 11-13663-15
insofar as petitioner LRTA was
adjudged to be solidarily liable with
Variance, said amended petition
was DENIED by the CA. The CA
also required petitioner to submit a
Compliance informing them of the
receipt of said decision.
On April 30, 2018, Petitioner

submitted its Compliance of the
CA’s directive.
On May 8, 2018, Respondents filed

their corresponding Manifestation
with the CA’s directive informing
them of the receipt of the Order.
On August 3, 2018 (received on

August 15), the CA NOTED and
CONSIDER SUFFICIENT the
Petitioner’s Manifestation and

Compliance.
Ernesto De Leon, et, al vs Court Liability against MTOI final and

of Appeals, MTOI and LRTA executory.
SC GR No. 209471; CA-G.R.

SP. No. 117543
Danilo Ordoñez et al. vs. MTOI Liability against MTOI final and
and LRTA executory.
Supreme Court/ GR No. 207055

CA GR SP No. 97965
Jose de Asis et al. vs. NLRC et Liability against MTOI final and
al. executory.
(Received on March 29, 2017
Court of Appeals /CA GR SP No. Comment and Manifestation by
118489 Former Special 6th MTOI).
Division
Abundio Orenda, et al. vs. MTOI Liability against MTOI final and
and LRTA executory.
NLRC LAC No. 051090-06 An Entry of Appearance with

Manifestation and Motion to Set
Case for Conference was filed by
counsel for the complainants, Atty.
Nenita C. Mahinay on January 9,
2019.
Miguel B. Robles vs. MTOI and On appeal with SC.

LRTA
The Court issued a Resolution
GR No. 200977 dated July 22, 2013 noting:
CAGR SP No. 104848 Petitioner’s reply to comment of
respondent MTOI on the petitioner’s
counsel, with the show cause
resolution for failure to file a reply to
comment of respondent MTOI’s
Petition.
LRTA vs. Hon. Labor Arbiter On appeal.

Madjayran H. Ajan and Hon.
Sheriff Ireneodela Cruz of NLRC The NLRC issued a Resolution
(Noel Pili Case) dated November 19, 2012 granting
the Petition of LRTA. LA Ajan and
NLRC LIC No. 07-012-12 Sheriff dela Cruz were enjoined to
proceed with the execution, until
parties comply with P.D. decree No.

1445 and prevailing jurisprudence.
Variance Security Agency Corp. On January 23, 2018 CA granted

vs. NLRC, Joanne Ancheta, et al. petitioner’s Urgent Motion for
Extension of Time to File Comment
CA-G.R. SP, Np. 149440 and the Comment/Objection
(NLRC Case No. LAC 10- subsequently filed was ADMITTED.
002825-16) Petitioner’s manifestation and the
(NLRC NCR Case No. RAB 11- Motion praying that the appended
113663-15) annexes “A” and “B” on the
December 4, 2017 Comment/
Objected were noted. Also, the
private respondent’s MR of the
August 16, 2017 Decision is now
considered submitted for resolution.
PIGLAS-NFWU-KMU SAMMY
On July 9, 2018, Complainants filed
MALUNES, ROMULO QUIGAO, before the NLRC a Manifestation
RODULFO CAMERINO, et al vs stating that as per agreement of the
NRLC (4th Division) LRTA parties during a conciliation-
mediation conference, a PETITION
CA-G.R. SP No. 137062; NLRC was already filed before the COA on
LER Case No. 02-052-14 June 27, 2018 which supports the
parties pending agreement to
suspend further proceedings.
On July 30, 2018 (received on

August 7), COA granted the Motion
for Extension to File the Answer but
only for a non-extendible period of
fifteen (15) days.
On August 9, 2018, LRTA filed its

ANSWER to the Petition dated June
26, 2018.
On August 28, 2018, Petitioners

filed their REPLY to the ANSWER.
LRTA vs. NLRC, LA Quintin B. On appeal.
Cueto III, MTOI, Ricardo
Malanao et al.
LIC Case No. 11-008-13
LRTA vs. NLRC, LA Quintin B. Received on June 30, 2016 Order

Cueto III, MTOI, Ricardo from Labor Arbiter Julio R.
Malanao et al. Gayaman ordering the Sheriff to
immediately effect the writ of

SC GR No. 219254/CA-G.R. SP execution dated February 2014 for
No. 134752 10th Division the satisfaction of the claimants’
judgement award.
LRTA vs. Bienvenido Alvarez et Still awaiting the NLRC’s decision
al. on the appeal of LRTA challenging
the award plus the 10 percent
NLRC Third Division GR No. attorney’s fee for lack of jurisdiction.
188047 NLRC CA Case No.
046112-05/NLRC CA Case No.
146778-05
MTOI vs. Emilio Perez et al. On appeal.
Supreme Court / GR No. 203542 The Court issued a Resolution

CA GR SP No. 03320 dated November 19, 2012:
(1) excluding NLRC Cagayan de
Oro City as respondent from the title
of this case; and
(2) Denying the Petition and

affirming the Decision of the Court
of Appeals dated July 13, 2012, for
failure of the petitioner to show any
reversible error committed by the
CA in affirming the Resolution of the
NLRC dated May 29, 2009.
LRTA vs. Noel B. Pili and 40 Received on June 28, 2016

others Decision denying the petition of
LRTA. Finding LRTA liable for
Supreme Court/NLRC NCR Case monetary claim of the respondents.
No. 00-07-07874-03/
CA-G.R. SP.No. 107593/G.R. To oppose any motion for execution
NO. 202047 by citing a ruling of the NLRC to
require respondents to file money
claim with the Commission on Audit.
MTOI VS NLRC, E. HUGO, Received on August 12, 2014

LAURENTE V. CRUZ, Resolution from 12th Division
DIOSDADO DOLORES, et al considering that verification report
dated June 5, 2014 showing that no
notice of appeal to the SC has been
filed, let an entry of judgement be
issued, the Court’s decision dated
January 17, 2013 has become final
and executor on July 26, 2013. The
Entry of Judgement was entered in
the Book of Entries of Judgements
on July 26, 2013.

Emmanuel S. Hugo, et al vs On January 16, 2019, respondent

Metro Transit Organization Inc., LRTA filed an Entry of Appearance
et al with Opposition (on the Sheriff’s
Certificate of Sale dated May 4,
NLRC NCR Case No. 30-01191- 2018).
02
Emmanuel S. Hugo vs. NLRC Received on February 29, 2016
Manifestation and Compliance by
CA GR SP. No. 130659 petitioners.
Received on November 16, 2015

Comment/Opposition to LRTA’s MR.
Received on September 2, 2014
Memorandum from respondent-
MTOI.
Lirio, Medel vs. MTOI and LRTA Case was decided against MTOI
and LRTA. LRTA filed a Motion to
NLRC / LAC No. 047052-05 (AE- quash the Writ of Execution which
11-10); Court of Appeals / CA was denied by the LAC. LRTA then
appealed the denial of its motion to
GR SP No. 119932 quash to NLRC. NLRC dismissed
the appeal. LRTA moved for
reconsideration but the same was
denied.
LRTA vs. NLRC, Lirio, Villanueva On appeal.

et al.
Mendoza Leopoldo vs MTOI and Still awaiting NLRC’s decision on

LRTA the appeal of complainant from the
NLRC Case No. 00-0708504-03 dismissal of his complaint for illegal
dismissal, back wages and
separation pay.
Marcelino Manahan vs. MTOI Enforcement of the writ of execution

and LRTA remains suspended because the
complainants were ordered to file
NLRC NCR Case No. 00-07- their claims with the COA.
08857-03
LRTA vs Alabarca et al. The case before the Labor Arbiter is

for payment of separation pay
CA G.R. SP No. 93092 pursuant to the CBA with Metro
Transit. The Labor Arbiter declared
the dismissal of the complainant as
valid although an award of

additional separation pay was made
in the amount of P125,000 and 5%
attorney’s fee.
On appeal to the NLRC Commission

the appealed decision was affirmed
in toto. Record shows that a petition
for certiorari was filed as early as
February 20, 2006. No resolution of
the Court of Appeal is attached to
the Records.
LRTA vs. NLRC 3rd Division, LRTA is liable to pay the separation
Rolando Ramos, and Venerando pay as per decision/resolution dated
Reyes August 25, 2009. LRTA paid
complainants their separation and
Court of Appeals/ retirement pay but the payment was
CAGR SP No. 106357 subject of ND which was on appeal.
LRTA vs. Romulo Mendoza et al. Entry of Judgment dated July 14,
2016 stating that the Petition for
GR No. 202322 Review on Certiorari is dismissed
for lack of merit. Assailed decision
and Resolution of the Court of
Appeals are affirmed.
Decision dated May 8, 2005 of labor

arbiter holding LRTA monetarily
liable is reinstated.
Ricardo Malanao, et al vs Metro On May 10, 2017, Malanao et al

Transit Organization, Inc. et al filed a Satisfaction of Judgment and
NLRC NCR Case No. 00-02- Comment on the Motion to Lift
02130-13 Order of Garnishment which was
filed by LRTA. As per Malanao, et
al, they have no objection to the
Motion to Lift Order of Garnishment
filed by LRTA.
Esperanza A. Flores, Nelmer B. Case is now submitted for decision

Espinosa, Roberto A. Soler, by virtue of the Court’s Order dated
Prospero E. Parde, Jr. and January 18, 2019.
George D. Deguia, for
themselves and in behalf of 224
other former LRTA Employees
vs. LRTA
SCA Case No. 18-0073-SC

Edgar C. Malit, et al vs. MTOI, An Entry of Appearance with
LRTA; Rodolfo Tan vs. MTOI, Manifestation and Motion to Set
LRTA; Rolando A. Avendano vs. Case for Conference was filed by
MTOI, LRTA counsel for the complainants, Atty.
Nenita C. Mahinay on January 9,
2019.
Lolito B. Atis, et al vs. MTOI, Case was set for Conference on

LRTA February 21, 2019 before Hon. LA.
Michelle P. Pagtalunan.
29.10 Tax Disputes Cases
LRTA vs. Commissioner of Parties were ordered to file
Internal Revenue Memoranda within 30 days from
CTA-Quezon City receipt of the CA resolution dated
3rd Division October 24, 2018. Upon filing the
Case No. 8746 same, the Petition Reviewer shall be
deemed submitted for Resolution.
LRTA vs. Commissioner of By virtue of the CA’s (Special First
Internal Revenue 1st Division Division) Resolution dated October
25, 2018, respondent’s Motion for
Case No.8893 Issuance of Writ of Execution filed
on October 4, 2018 is now
submitted for resolution. The Entry
of Appearance filed by petitioner
was noted.
LRTA vs. Commissioner of A Notice of Resolution (dated
Internal Revenue January 10, 2018) was issued by
the SC 3rd Division, received on
3RD Division Case No. 8891 February 21, 2018 wherein the
EN BANC CTA EB No. 1325 Honorable Court resolved to:
(1) Grant the motion of the SolGen

for an extension of 50 days from
October 12, 2017 within which to file
comment on the petition review on
certiorari;
(2) Note the comment; and
(3) Require the petitioner to file a

reply to the comment within 10 days
from note.

29.11 Real Property Tax Cases
LRTA vs. Quezon City, On Appeal.
represented by the City
Treasurer and the City Assessor. On May 17, 2017, LRTA received a
Resolution dated February 8, 2017.
GR NO. 221626 1st Division In compliance therewith, LRTA
submitted a verified declaration of
the signed compliance and
submission pursuant to A.M. Nos.
10-3-7-SC and 11-9-4-SC.
LRTA vs. City of Pasay, On appeal
Treasurer and the City Assessor.
Received on May 18, 2016 SC
Case No.R-RS-12-09347-CV Resolution. The Court noted and
RTC, BR. 109, Pasay City accepted the petitioner’s compliance
CA-G.R. SP No. 1299922 in submitting a soft copy of its reply
SC G.R. No. 211299 to respondents comment on the
petition for review.
LRTA vs. City of Caloocan, On Appeal.

Treasurer and the City Assessor
Supreme Court
GR NO. 213750 3rd Division

SCA Case No. C-1080-(2012)-
RTC, BR. No. 126, Caloocan City
LRTA vs. City of Manila, LRTA appealed to the SC.

Treasurer and the City Assessor
S.C. Case No. 21292 5
LRTA vs. City of Marikina, Case was dismissed but will be re-
represented by the City filed.
Treasurer and the City Assessor.
SCA Case No. 12-838

RTC, BR. No. 263, Marikina City
LRTA vs. City of San Juan, The RTC initially ruled that LRTA is
represented by the City not exempt from payment of Real
Treasurer and the City Assessor. Property Taxes.
SCA Case No. 4011-SJ LRTA subsequently filed an Motion

RTC, BR. No. 264, Pasig City for Reconsideration (MR) wherein
Raffled on Dec. 12, 2014 at RTC, the RTC reversed its prior decision.

BR. No. 264, Pasig City stationed
in San Juan City The City of San Juan appealed the
SCA Case No. 4011-SJ granted MR. However, such appeal
was dismissed for lack of
jurisdiction. Thus, on May 31, 2017.
City of San Juan filed a MR to the
said dismissal.

AUDIT OBSERVATIONS AND RECOMMENDATIONS
A. FINANCIAL AUDIT
5. The reliability of the year-end balance of Property, Plant and Equipment (PPE) of P49.68
billion is doubtful with the unreconciled variance of P5.288 million between the Report on
Physical Count of PPE (RPCPPE) on Office Furniture and Equipment, IT Equipment and
Other PPE and the accounting records. Further, the computation of depreciation expense
using the useful life of the asset instead of the terms of the service concession
arrangement as provided for under Paragraph 6.3.e.5 COA of Circular No. 2017-004
resulted in the understatement of the Service Concession Asset, the corresponding
depreciation expense and Retained Earnings in the amount of P172.945 million in 2019
and P69 million in 2018. In addition, sold unserviceable assets under Other PPE–AFCS
Equipment with cost and accumulated depreciation of P1.703 billion were still recorded in
the books. Moreover, land pertaining to the service concession agreement with value of
P5.765 billion was not reclassified to Service Concession Asset-Land as required in COA
Circular No. 2020-002 dated January 28, 2020.
1.1 The following rules and regulations were used as criteria in the audit of Property,
Plant and Equipment:
Issuance Guidelines/Provision
PD 1445
 Section 58 Audit of Assets – the examination and audit of assets

shall be performed with a view to ascertaining their
existence, ownership, valuation and encumbrances as
well as the propriety of items, composing the respective
asset accounts, determining their agreement with
records; ascertaining if the asset were utilized
economically, efficiently and effectively; and evaluating
the adequacy of controls over the account.
 Section 79 When government property has become unserviceable

for any cause, or is no longer needed, it shall, upon
application of the officer accountable therefore, be
inspected by the head of the agency or his duly
authorized representative in the presence of the auditor
concerned and, if found to be valueless or unsalable, it
may be destroyed in their presence. If found to be
valuable, it may be sold at public auction to the highest
bidder under the supervision of the proper committee on

award or similar body in the presence of the auditor

concerned or other duly authorized representative of the
Commission xxx
 Section 111 (1) The accounts of an agency shall be kept in such details
as is necessary to meet the needs of the agency and at
the same time be adequate to furnish information
needed by fiscal or control agencies of the government
Paragraph 27 of (IPSAS) Financial statements shall present fairly the financial

1 on Fair Presentation position, financial performance, and cash flows of an
and Compliance entity. Fair presentation requires the faithful
representation of the effects of transactions, other
events, and conditions in accordance with the definitions
and recognition criteria for assets, liabilities, revenue,
and expenses set out in IPSASs. The application of
IPSASs, with additional disclosures when necessary, is
presumed to result in financial statements that achieve a
fair presentation.
IPSAS 17-Property, Plant

and Equipment
The carrying amount of an item of PPE shall be
 Paragraph 82 derecognized: (a) On disposal; or (b) When no future
economic benefits or service potential is expected from
its use or disposal.
The residual value and the useful life of an asset shall

be reviewed at least at each annual reporting date and,
if expectations differ from previous estimates, the
 Paragraph 67 change(s) shall be accounted for as a change in an
accounting estimate in accordance with IPSAS 3,
Accounting Policies, Changes in Accounting Estimates
and Errors.
Item V(4) of COA Circular 4. Inventory Reports
No. 80-124 dated January All inventory reports shall be prepared on the prescribed
18, 1980 form (Gen. Form No. 41-A) and certified correct by the
committee in charge thereof, noted by the Auditor and
approved by the head of the agency. The reports shall
be properly reconciled with accounting and inventory

records.
Paragraph 6.3.e.5 COA The estimation of the useful life of the asset is a matter
Circular No. 2017-004- of judgment based on the experience of the entity with
Guidelines on the similar assets. The agency/entity is in the best position
preparation of financial to estimate the expected useful life of its PPE. As a
statements and other guideline, PPE shall be depreciated over the following
financial reports and life spans:
implementation of the
Philippine Financial xxx Service Concession Assets:
Reporting Standards by
Government Corporations Over the useful life of the service concession asset or
Classified as Government the term of the service concession arrangement,
Business Enterprises and whichever is shorter. The term of the service concession
Philippine Public Sector arrangement would include any renewal option periods
Accounting Standards by where extension of the service concession arrangement
Non-Government is expected.
Business Enterprises
COA Circular 2020-002 Adoption of the Updated Revised Charts of Accounts for
dated January 2020 Government Corporation (2019)
1.2 The details of the Property, Plant and Equipment as of December 31, 2019 are
presented below:
Property Plant and Accumulated Carrying

Equipment Depreciation Amount
Cost
Land 9,665,182,476 0 9,665,182,476
Land Improvements 367,027,135 (9,510,030) 357,517,105
Infrastructure Assets 22,595,501,288 (8,472,323,626) 14,123,177,662
Buildings and Other Structures 1,513,619,477 (430,001,242) 1,083,618,235
Machinery and Equipment 691,141,925 (474,685,648) 216,456,277

Property Plant and Accumulated Carrying
Equipment Depreciation Amount
Cost
Transportation Equipment 5,944,475,088 (3,260,777,837) 2,683,697,251
Furniture, Fixtures and Books 7,308,930 (7,253,758) 55,172
Service Concession Assets 36,410,317,390 (16,850,951,775) 19,559,365,615
Other Property, Plant and

902,961,054 (902,961,054) 0
Equipment
Construction in Progress 1,991,204,753 0 1,991,204,753
Total 80,088,739,516 (30,408,464,970) 49,680,274,546
1.3 Audit revealed the following deficiencies:
a. Unreconciled variance amounting P5.288 million between the RPCPPE on

Office Furniture and Equipment, IT Equipment and Other PPE and the
accounting records.
Item V (4) of COA Circular No. 80-124 dated January 18, 1980 provides that:
All inventory reports shall be prepared xxx and certified correct by

the committee in charge thereof, xxx. The reports shall be properly
reconciled with accounting and inventory records.
The results of Physical Count of Property, Plant and Equipment on Office

Furniture and Equipment, IT Equipment and Other PPE for CY 2019 are as
follows:

Available Value Variance
of PPE Counted Property
Card Physical
Account (Quantity) Count Quantity Amount
Office Furniture 3,840,569.09 3,974 3,723 251 104,711.27
Office Equipment 17,544,132.49 321 235 86 673,663.73
IT Equipment 36,469,468.58 2,298 1,978 320 3,778,041.43
Other PPE 74,150,131.46 1,072 1,012 60 731,598.52
Total 132,004,301.62 7,665 6,948 717 5,288,014.95
Analysis of the submitted RPCPPE of LRTA disclosed the following:
i. The value of counted properties of P132,004,301.62 was based only on

the Property Cards maintained by the Asset Management Division (AMD)
since there was no corresponding cost appearing in the Property Plant and
Equipment Ledger Card (PPELC) at the Accounting Division;
ii. The report did not show the reconciliation between the accounting records
and PPE items counted as required by Item V (4) of COA Circular No. 80-
124;
iii. The variance of P5,288,014.95 based on AMD records could not be

reconciled and adjusted in the LRTA’s books rendering the 2019 physical
count of PPE incomplete; and
iv. There were also PPE items in the report with variance in quantity without
corresponding unit value; hence, the amount of variance column does not
represent the aggregate value of the total variance of 717 items of PPE.
b. The computation of depreciation of Service Concession Assets was based on

the useful life of the asset and not based on the terms of the service
concession arrangement resulting to understatement of net carrying amount of
Service Concession Asset, Depreciation Expense and Retained Earnings by
P172.945 million in 2019 and P69 million in 2018.

For the year 2019, LRTA adopts COA Circular No. 2017-004 which provides
the basis of useful life and base residual value in depreciating PPE Asset. The
Circular requires that Service Concession Assets to be depreciated based
either on the useful life of the asset or the term of the service concession
arrangement whichever is shorter.
Analysis of the lapsing schedule for PPE-Service Concession Assets, showed

that some of the properties were depreciated using the useful life of the specific
PPE which is longer than the term of the service concession arrangement
which is 32 years which commenced on September 2015.
Review of the remaining period of the concession arrangement for Operation

and Maintenance of Line 1 for which the service concession assets belong is
29 years and 8 months as of December 31, 2017.
The effect of the improper application of the useful life in computing

depreciation understated the depreciation expense and overstated carrying
amount of the affected items of Service Concession Assets for 2018 and 2019
as shown below:
Depreciation 2018 Depreciation 2019
Original Amount Recorded 476,765,399.04 476,907,855.07
Add: Adjustment due to

adoption of COA
Circular No. 2017-004 572,720,027.66 468,383,763.91
Adjusted Depreciation 1,049,485,426.70 945,291,618.98
Per Audit (Annex A) 1,118,236,931.67 1,118,236,931.67
Net Understatement 68,751,504.97 172,945,312.69

c. Sold unserviceable assets under Other PPE–AFCS Equipment with cost and
accumulated depreciation of P1.703 billion still recorded in the books.
Section 79 of PD No. 1445 requires the destruction or sale of unserviceable

property to maximize the value that can be derived therefrom and to prevent
exposing their conditions to further deterioration. The sold PPE is to be
derecognized in the books in accordance with paragraph 82 of IPSAS 17.
Schedules of PPE showed that the Other PPE account which pertains to the
unserviceable AFCS Equipment have nil carrying amount with cost and
accumulated depreciation of P1.703 billion
Audit of the Journal Entry Vouchers (JEV) showed that LRTA disposed
unserviceable AFCS Equipment with proceeds recorded as follows:
JEV No Particulars Account Debit Credit
502-19- AFCS Cash Collecting Officer 892,857.14

09-614 Equipment -
Sale of Unserviceable
Unserviceable
Property (4-06-01-020)
892,857.14
502-19- AFCS Cash Collecting Officer 135,714.28

12-906 Equipment -
Sale of Unserviceable
Unserviceable
Property (4-06-01-020)
135,714.28
Total 1,028,571.42 1,028,571.42
The above journal entries are not correct and are not in accordance with
paragraph 86 of IPSAS 17. The proceeds of the sale should not be recorded
as outright income.

The correct journal entries should be to derecognize the value of the disposed
unserviceable property and recognize the gain or loss from the sale. The entry
to record the sale should be:
i. If the sale resulted to Gain
Account Dr Cr
Cash-Collecting Officers xx
Accumulated Depreciation- xx
PPE Account xx
Gain on Sale of PPE xx
ii. If the sale resulted to Loss
Account Dr Cr
Cash-Collecting Officers xx
Accumulated Depreciation- xx
Loss on Sale of PPE xx
PPE Account xx
d. Land pertaining to the service concession agreement with value of P5.765

billion was not reclassified to Service Concession Asset-Land as required in
COA Circular No. 2020-002 dated January 2020.
COA Circular No. 2020-002 dated January 2020 requires Government

Corporation to recognize their transactions in accordance with the updated
RCA of 2019. The Circular provides specific account as Service Concession
Asset - Land for the cost of Land used in the Service Concession Arrangement
(SCA). The amount shall be reverted to Land account at end of the SCA.
The Schedule of Land account showed that the following land amounting to
P5.765 billion pertained to the SCA which should have been reclassified to
Service Concession Asset-Land pursuant to the Updated Revised Chart of
Accounts (2019) of COA:

Land Acquisition Cost
Line 1 3,182,615,000.00
Line 1- CAPEX 43,317,581.33
Cavite Extension Project 2,539,033,941.22
Total 5,764,966,522.55
1.4 We recommended and Management agreed to:
a. Instruct the Accounting Division and the Asset Management Division to

reconcile the variance of the physical count with the accounting records to
determine the proper disposition of the variance;
b. Prepare the necessary adjustment to correct the depreciation expense

supported with revised lapsing schedule based on the term of the Service
Concession Agreement or the useful life of the SCA assets whichever is
shorter;
c. Derecognize the cost and corresponding accumulated depreciation pertaining

to the sold unserviceable AFCS equipment and determine any gain or loss
arising from the disposal as the difference between the net disposal proceeds
and the carrying amount; and
d. Reclassify the amount of Land account used in the SCA to Service Concession
Asset- Land Account.
6. Impairment Loss was not recognized for the damages to Property, Plant and Equipment
relative to the incidents of Train Collision of Trainsets No. 13 and 18 and Fire Incident at
Rectifier Substation 5 and 6, contrary to the provision of IPSAS 21 - Impairment of Non-
Cash Generating Assets.
6.1 IPSAS 21 provides the following standards in relation to the Impairment of

Property, Plant and Equipment (PPE).
Paragraph Guidelines/Provision
23 This Standard defines an impairment as a loss in the future

economic benefits or service potential of an asset, over and above
the systematic recognition of the loss of the asset’s future economic
benefits or service potential through depreciation (amortization).
Impairment, therefore, reflects a decline in the utility of an asset to

the entity that controls it.
25 A non-cash-generating asset is impaired when the carrying amount

of the asset exceeds its recoverable service amount. Paragraph 27
identifies key indications that an impairment loss may have occurred.
27 In assessing whether there is any indication that an asset may be

impaired, an entity shall consider, as a minimum, the following
indications:
xx Internal sources of information
(c) Evidence is available of physical damage of an asset;
32 Evidence from internal reporting that indicates that an asset may be

impaired, as referred to in paragraph 27(f) above, relates to the
ability of the asset to provide goods or services rather than to a
decline in the demand for the goods or services provided by the
asset. This includes the existence of:
xx (b) Significantly lower service or output levels provided by the

asset, compared with those originally expected due to poor operating
performance.
50 The choice of the most appropriate approach to measuring value in

use depends on the availability of data and the nature of the
impairment:

xx Impairments identified from physical damage are generally

measurable using a restoration cost approach or a depreciated
replacement cost approach, when appropriate.
6.2 In 2019, the following events happened that affected the service potential of the
major assets of the LRTA, requiring an estimated restoration/replacement cost of
P292.065 million and P1.025 billion for the train collision and fire incident,
respectively, details as follows:
a. Train Collision of Trainsets No. 13 and 18.
On May 18, 2019, a train collision happened between Anonas and Cubao station
involving Trainset Nos. 13 and 18. The event took place when a parked train
moved on its own and crashed into another train on the tracks. At present,
trainsets involved in the collision incident have not been put into operation in the
revenue line of LRTA.
Management provided the following data for the estimated restoration cost of
Trainsets No. 13 and 18.
Restoration Cost Trainset 13 Trainset 18 Total

Estimated Direct Cost 111,691,519.09 110,834,563.42 222,526,082.51
Indirect Cost 34,903,599.71 34,635,801.06 69,539,400.77
Total 146,595,118.80 145,470,364.48 292,065,483.28
b. Fire Incident at Rectifier Substation 5 and 6
A Fire Incident occurred on October 3, 2019 at LRTA’s RSS Nos. 5 and 6 that
resulted in the stoppage of operations of the revenue line from Santolan to Anonas
Station.

To date, LRTA have not provided the result of the investigation from third party
regarding the fire incident. Management provided the following costs of
replacement of the rectifiers:
Estimated
Project Recommendation Cost
Rectifier Substation (RSS) Nos. For replacement/repair 535 million
5 and 6
Overhead Catenary System For replacement of pole and 10 million
(Pole 370) repair of concrete pedestal
Cable Trays and Walkways For Replacement/Repair 6 million
Power Support Infrastructure For Replacement/Repair 2.4 million
Fiber Optic Cables For Replacement splicing 2.6 million

and reconfiguration
Signaling System For Replacement 325 million
Telecom System For Replacement 144 million
Total 1.025 billion
6.3 The two incidents clearly showed indication of impairment since the trainsets and
the rectifier stations sustained major physical damages and negatively affected the
ability of the assets to be of service or provide the optimum output levels. It also
adversely affected the revenue generating activities of LRTA.
6.4 In assessing impairments loss, Par 50 of IPSAS 21 provides that impairment from
physical damage is generally measurable using a restoration cost approach or a
depreciated replacement cost approach, when appropriate.
6.5 We recommended and Management agreed to compute and recognize the

Impairment Loss pertaining to Train Collision and Fire incidents.
7. Recognition of revenue for the Concession Fee for the Operation and Maintenance of
LRT Line 1 System by the private concessionaire was not in accordance with the
provisions of IPSAS 32 on Service Concession Arrangements (SCA) - Grantor and
IPSAS 9 on Revenue from Exchange Transactions, thereby resulting in the

understatement of Service Concession Arrangement Receivable and Accumulated
Surplus/(Deficit) in the amount of P295.669 million. Further, LRTA had not demanded
from the private concessionaire to pay the quarterly concession fee due on October 30,
2019 amounting to P66.786 million.
7.1 Audit of the Service Concession Revenue in relation to the Concession Agreement
between LRTA and the private concessionaire, Light Rail Manila Corporation
(LRMC) for the Operation and Maintenance of LRT Line 1 System was guided by
the following standards as criteria:
a. IPSAS 32 provides the following on the recognition of liability from Service

Concession Arrangements by the Grantor:
Grant of a Right to the Operator Model
24. Where the grantor does not have an unconditional obligation to pay cash or
another financial asset to the operator for the construction, development,
acquisition, or upgrade of a service concession asset, and grants the operator
the right to earn revenue from third-party users or another revenue-generating
asset, the grantor shall account for the liability recognized in accordance with
paragraph 14 as the unearned portion of the revenue arising from the exchange
of assets between the grantor and the operator.
25. The grantor shall recognize revenue and reduce the liability recognized in
accordance with paragraph 24 according to the economic substance of the
service concession arrangement.
b. IPSAS 9 provides a clear-cut guidance on the recognition of income under

accrual basis of accounting:
1. An entity that prepares and presents financial statements under the accrual
basis of accounting shall apply this Standard in accounting for revenue arising
from the following exchange transactions and events:
(a) The rendering of services;
(b) The sale of goods; and
(c) The use by others of entity assets yielding interest, royalties, and
dividends or similar distributions.

14. Revenue shall be measured at the fair value of the consideration received
or receivable.
15. The amount of revenue arising on a transaction is usually determined by

agreement between the entity and the purchaser or user of the asset or service.
It is measured at the fair value of the consideration received, or receivable,
taking into account the amount of any trade discounts and volume rebates
allowed by the entity.
c. Implementation guidance of IPSAS 9 provides the following recognition criteria

for income derive from concession agreements:
Franchise or Concession Fees
IG16. Franchise or concession fees may cover the supply of initial and
subsequent services, equipment and other tangible assets, and know-how.
Accordingly, franchise or concession fees are recognized as revenue on a
basis that reflects the purpose for which the fees were charged. The following
methods of franchise or concession fee recognition are appropriate:
Xx (C) Continuing Franchise or Concession Fees
Fees charged for the use of continuing rights granted by the agreement, or for
other services provided during the period of the agreement, are recognized as
revenue as the services are provided or the rights used.
d. COA Circular No. 2020-002 dated January 28, 2020 on the Adoption of the
Updated Revised Chart of Accounts for Government Corporations (2019)
provides the following accounts and its description for the Service Concession
Arrangements:

Account Normal
Code Balance
Account Title Description
Service 10301240 Debit This account is debited to recognize

Concession receivable from operator pertaining
Arrangements to income/revenue collected but not
Receivable yet remitted to the grantor. This
account is credited upon collection,
transfers, write-off, and/or
adjustments.
Deferred 20501020 Credit This account is credited to recognize

Service the unearned service concession
Concession revenue arising from the grant to
Revenue operator the right to earn revenue
from third party users of the service
concession asset or another
revenue generating asset. This
account is debited as the specific
revenue is recognized, and/or for
adjustments.
Service 40202240 Credit This account is credited to recognize

Concession the revenue arising from the grant by
Revenue grantor entity to the operator the
right to earn revenue from third party
users of the service concession
asset or another revenue generating
asset, This account is debited, at
year end, to close to the
Revenue/Income and Expense
Summary account, and/or effect
adjustments.
7.2 On October 02, 2014, the DOTr (then DOTC) and LRTA (known as Grantors)
entered into a Service Concession Agreement (SCA) with Light Rail Manila
Corporation (LRMC) for the Extension, Operations and Maintenance of Manila

LRT1 System. The concession period is 32 years effective on September 12,
2015. The Government (DOTr and LRTA as Grantors) granted the LRMC to
operate the LRT Line 1 System and the right to earn revenue from third-party
users of the service concession asset or another revenue generating asset.
7.3 The Total Concession Fee (TCF) for the SCA is P9,350,103,900 inclusive of VAT
and to be paid as follows:
Description Percent Amount
1st Installment which shall be paid on or before the 10% 935,010,390
signing date (October 2, 2014) of SCA
2nd Installment which shall be paid on or before the

effective date (September 12, 2015) of the 10% 935,010,390
contract
Remaining Concession Payments which shall be

paid on a quarterly basis commencing on the
80% 7,480,083,120
fourth anniversary of the effective date
(September 12, 2019)
Total TCP inclusive of VAT 100% 9,350,103,900
7.4 The remaining concession fee shall be paid on a quarterly basis that will
commence on October 30, 2019, coinciding with the date of the First Balancing
Payment which will occur after the 4th anniversary of the effectivity of the contract.
7.5 The LRMC already made the 1st and 2nd instalment of the TCP or 20 percent of
the total concession fee directly to the Bureau of the Treasury (BTr).
7.6 Audit showed that LRTA recognized only 50 percent as its share of the 20 percent
concession fee paid by LRMC as Service Concession Income amounting to
P834,830,703.36, net of tax. This was recorded per JEV No. L1-502-16-12-520
dated December 31, 2016 with the following entries:
Account
Code
Account Dr. Cr.
136 Due from National 834,830,705.36

Government Agency-BTR

412 Due to BIR 100,179,684.64
628 Other Service Income – 834,830,705.36

Concession Fee
412 Due to BIR 100,179,684.64
7.7 In the review of the terms in the concession agreement, we found no provision
therein that indicated that only 50 percent of the concession fee will be recorded in
the books of LRTA and who will recognize the other 50 percent.
7.8 Furthermore, the accounting entries to record the concession fee payments were
found not in accordance with IPSAS 32; thus, affecting the correctness of the year-
end balance of the accounts affected by the transactions.
7.9 The details of the accounting entries made by LRTA and the corresponding effects
of the said entries on the financial statements as of December 31, 2019 and the
appropriate entries that should have been made are shown in Annex B.
7.10 To summarize, the non-accrual of the LRTA on the concession revenue both
understated the Service Concession Receivable and Accumulated Surplus/(Deficit)
as of December 31, 2019 by P295,669,208.13.
7.11 Furthermore, as of December 31, 2019, the quarterly payment amounting to

P66,786,456.43 was not paid by LRMC representing the 80% residual of the TCF
which is due on the October 30, 2019, the date of the First Balancing Payment
occurring after the 4th anniversary of the effectivity of the contract.
a. Comply with the proper accounting treatment of Service Concession Revenues

using IPSAS 32 as guide and use the revised chart of accounts prescribed in
COA Circular No. 2020-002 dated January 28, 2020; and
b. Prepare the necessary adjusting entries to record the service concession

transaction.
7.13 We also recommended that Management collect from LRMC the amount of
P66,786,456.43 which is already due and demandable as of October 30, 2019.
7.14 As a rejoinder, offsetting the amount P66,786,456.43 representing the quarterly

concession payments of the total concession fee against the positive balancing
payment for which the concessionaire claimed, is not appropriate since the former
is already due and demandable obligation as of October 30, 2019 while the latter is

considered a disputed claim which is subjected to dispute resolution mechanism in
accordance with Section 35 of the Concession Agreement.
8. The correctness of the reported year-end balances of the Cash in Bank (CIB) accounts
amounting to P6.868 billion was not ascertained due to (a) non submission of bank
reconciliation statement (BRS) for 31 accounts with aggregate total of P5.964 million, (b)
unrecorded book reconciling items with net amount of P9.984 million; (c) staled checks in
the amount of P55,722 were not reverted to Cash in Bank; and (d) inclusion of two
foreign bank accounts with peso equivalent of P6.559 million that remained dormant for
more than eight years and was not translated to the closing rate as of last banking day of
December 2019.
8.1 We use as criteria in the audit of Cash in Banks the following rules and standard:
a. Section 74 of PD 1445 which states that:
“Monthly reports of depositories to agency head. At the close of each month,

depositories shall report to the agency head, in such form as he may direct, the
condition of the agency account standing on their books. The head of the
agency shall see to it that reconciliation is made between the balance shown in
the reports and the balance found in the books of the agency.”
b. Paragraphs 3.10 and 3.12 of IPSAS 1 - Conceptual Framework for General

Purpose Financial Reporting (GPFR) by Public Sector Entities state that:
“to be useful in financial reporting, information must be a faithful representation of

the economic and other phenomena that it purports to represent. Faithful
representation is attained when the depiction of the phenomenon is complete,
neutral and free from material error.”
“an omission of some information can cause the representation of an economic

or other phenomenon to be false or misleading, and thus, not useful to users of
GPFRs.”
c. Paragraph 27 of IPSAS 4 on The Effects of Changes of Foreign Exchange

Rates:
Reporting at Subsequent Reporting Dates

27. At each reporting date:
(a) Foreign currency monetary items shall be translated using the closing
rate
8.2 The year-end balance of the Cash in Bank account of P6.869 billion is composed
of the following:
Account Number of Bank

Code Accounts Account Type Amount
1-01-02-020 12 Cash in Bank Local 753,883,041.64
Currency – Current
Account
1-01-02-030 79 Cash in Bank Local 6,100,775,525.27
Currency – Savings
Account
1-01-03-030 1 Cash in Bank 3,421,750.42
Foreign Currency –
Savings Account
1-01-05-020 4 Time Deposit – 7,448,270.64
Local Currency
1-01-05-030 1 Time Deposit – 3,137,774.66
Foreign Currency
Total 97 6,868,666,362.63
8.3 The correctness of the reported year-end balances of the Cash in Bank (CIB) is
affected by the following observations:
a. Non submission of bank reconciliation statement (BRS) for 31 accounts with

aggregate total of P5.964 million.
Section 74 of PD No. 1445 provides that at the close of each month,

depositories shall report to the agency head, in such form as he may direct, the
condition of the agency account standing in their books; however, LRTA failed
to submit the BRS for 31 CIBs as at December 31, 2019 with total balance
amounting to P5.964 billion, details as follows:
Number of
Bank
Account Code Accounts
Account Title Balance
1-01-02-020I Cash in Bank - LBP CA No. 16,782,723.58 1

Number of
Bank
Account Code Accounts
Account Title Balance
0272-1074-59
1-01-02-020V Cash in Bank - DBP CA No. 86,828,284.58 1

0405-018007-030/016-27-
012544
1-01-02-030A Cash in Bank - LC - HYSA 5,846,758,296.03 23
1-01-03-030 Cash in Bank - Foreign 3,421,750.42 1

Currency - Savings Account
1-01-05-020 Cash Equivalent - Time Deposit 7,448,270.64 4

- Local Currency
1-01-05-030 Time Deposit - Foreign 3,137,774.66 1

Currency
Total 5,964,377,099.91 31
b. Unrecorded book reconciling items with net amount of P9.984 million.
Verification of the Bank Reconciliation Statements (BRS) disclosed several

reconciling items requiring adjustments that were not recorded in the books as
of December 31, 2019 amounting to P9,893,734.60 resulting to unadjusted CIB
and other affected account balances; details are shown below:
Reconciling
Items
For
Adjustments
(unrecorded
Bank transactions,
Account etc.)
Ending Bank Ending Book
Number Outstandin
Purpose Balance Balance Difference g Checks

Reconciling
Items
For
Adjustments
(unrecorded
Bank transactions,
Account etc.)
Number Outstandin
For deposit of 0271-1049-28 1,731,729.86 2,051,260.54 (319,530.68) 0 (319,530.68)

10% Sinking Fund
on daily revenue
of Line 2
Operations
For Project 0272-1080-13 306,116.90 301,094.31 5,022.59 34,722.00 (29,699.41)

Operating
Expenses – Line 1
SEP
For Project 0272-1086-50 252,036,769.6

Expenses & ROW 9 252,038,695.0 34,313.22
of Line 1 SEP 8 18,000.00 16,313.22
0272-1085-60 36,238.61
For Line2 0272-1081-96 11,584,148.77 7,231,029.93 4,353,118.84 1,869,824.24 2,483,294.60

Operating
Expenses/Line2
Disbursements
For deposit of 0272-1009-69 177,490,271.3 177,452,421.5 37,849.82 15,000.00 22,849.82

DBM releases/( 5 3
Rehab Project)
Rail Revenue 0272-1081-45 65,594.82 65,044.72 550.10 0 550.10

Account
LRTA Payroll 0492-1037-56 11,117,341.72 11,089,964.26 27,377.46 41,427.58 (14,050.12)

Account
Line 1 Cavite Ext. various 167,941,061.4 168,251,165.6 (310,104.16) 0 (310,104.16)

Project (ROW

Reconciling
Items
For
Adjustments
(unrecorded
Bank transactions,
Account etc.)
Number Outstandin
Accounts) 5 1
LRTA FAO 0271-1169-00 50,506.51

PLDT(Capex)
LRTA FAO 9,286,586.57 (9,216,139.24) 0 (9,216,139.24)

Mabuhay Brothers
Inc. (Capex) 0271-1168-70 19,940.82
For deposit of 0465-032686- 25,666,540.87 28,158,087.47 (2,491,546.60) 0 (2,491,546.6

Non-Rail Revenue 530 0)
LRTA (Subject to 0405-018430- 657,826.02 658,469.50 (643.48) 0 (643.48)

Garnishment) 030
LRTA 1510-100130- 1,243,835.53 1,278,864.18 (35,028.65) 0 (35,028.65)

13
649,947,922.9 657,862,683.7
Total (7,914,760.78) 1,978,973.82 (9,893,734.6
2 0 0)
The unadjusted reconciling items consisted mostly of unrecorded banks’ debit

and credit memos. While the nature of the reconciling items consisting mostly
of unrecorded interest, credit and debit memos were already identified; the
same remained unadjusted in the books of accounts.
c. Staled checks in the amount of P55,722 were not reverted to Cash in Bank.

Outstanding checks amounting P55,722 have reached the six-month period;
thus are considered stale checks which should have been reverted to the Cash
in Bank; details as follows:
Check
Bank Account Date Amount
No.
LBP C/A No. 0272-xxxxx/0272-xxx-50 (1- 509362 5/22/2017 18,000
01-02-020G)
LBP C/A# 072-xxx-12 (1-01-02-020E) 459964 15/03/2016 672
07/01/2019 20,400
497652 15/04/2019 13,650
497688
LBP C/A No. 0492-xxxx-56 465186 31/01/2019 1,000
465183 31/01/2019 1,000
465184 31/01/2019 1,000
Total 55,722
d. Inclusion of two foreign bank accounts with peso equivalent of P6.559 million
that remained dormant for more than eight years and was not translated to the
closing rate as of last banking as of December 2019.
There are two foreign bank deposits with reported amount of P6,559,525.08 as
follows:
Account Code Account Number Amount

1-01-03-030 Cash in Bank – Foreign Currency –
3,421,750.42
Savings Account
1-01-05-020 Cash Equivalent Time Deposit –
3,137,774.66
Foreign Currency
Total 6,559,525.08
These bank accounts have been the subject of our audit observations in CYs
2014, 2015, 2016 and 2018 Annual Audit Reports. Management explained that
the account was opened to comply with the loan requirements. To date,
Management admitted they have no information on the status of these two
accounts and reasoned out that requesting copies of bank statements is very
costly. Also the amount was not updated using the closing rate of December
31, 2019 in accordance with par. 27 of IPSAS 4.

8.4 We recommended and Management agreed to implement the following
recommendations:
f. Submit the BRS for the 31 bank accounts for audit verification;
g. Prepare adjustment to record the reconciling items already identified; request

the banks to submit the banks’ debit and credit memos to serve as basis in
recording the same in the books of accounts;
h. Revert the long outstanding checks balance to Cash in Bank accounts;
i. Make representation with the foreign banks or with the appropriate foreign
office (Embassy) where the amount of P6.559 million was deposited or if
necessary to the Department of Foreign Affairs in order to finally resolve the
issue on said foreign deposits; and
j. Prepare adjusting entries to translate the foreign currency balance using the
closing rate as of last banking day of December in accordance with IPSAS 4.
9. The financial statement presentation of the Cash and Cash Equivalents with year-end
balance of P83.939 million was not in conformity with IPSAS 1 and 2 as it did not include
the funds intended for the various LRTA projects deposited by LRTA in banks under
Current accounts and High Yield Savings Accounts which were presented as part of the
Other Current Assets totaling P6.596 billion.
9.1 Paragraph 27 of IPSAS 1 on Fair Presentation and Compliance as stated

paragraph 1.1 of this report is one of the criteria used for this observation.
9.2 While IPSAS 2 on Cash Flow Statement Definitions provides the following:
“Cash comprises cash on hand and demand deposits.
Cash equivalents are short-term, highly liquid investments that are

readily convertible to known amounts of cash and which are subject to
an insignificant risk of changes in value.
Cash equivalents are held for the purpose of meeting short term cash
commitments rather than for investment or other purposes. For an
investment to qualify as a cash equivalent, it must be readily
convertible to a known amount of cash and be subject to an
insignificant risk of changes in value. Therefore, an investment
normally qualifies as a cash equivalent only when it has a short
maturity of, say, three months or less from the date of acquisition.

Equity investments are excluded from cash equivalents unless they
are, in substance, cash equivalents.”
9.3 Furthermore, the Conceptual Framework for General Purpose Financial Reporting
(GPFR) of Public Sector Entities of the IPSAS provides that:
GPFRs present financial and non-financial information about economic

and other phenomena. The qualitative characteristics of information
included in GPFRs are the attributes that make that information useful
to users and support the achievement of the objectives of financial
reporting. The objectives of financial reporting are to provide
information useful for accountability and decision-making purposes.
9.4 The Cash and Cash Equivalents presented in the Statement of Financial Position
at year-end totaling P83.939 million include the following:
Description Amount
Cash on Hand
Cash-Collecting Officers 5,036,484.12
Petty Cash 1,243,529.00 6,280,013.12
Cash in Bank-Local Currency
Cash in Bank-Local Currency, Current

50,376,035.00
Account
Cash in Bank-Local Currency, Savings

Account 13,275,180.79 63,651,215.79
Cash in Bank-Foreign Currency
Cash in Bank-Foreign Currency, Savings

3,421,750.42 3,421,750.42
Account
Time Deposits-Local Currency 7,448,270.64
Time Deposits-Foreign Currency 3,137,774.66
Total 83,939,024.63
9.5 However, analysis of the Trial Balance and details of Cash in Bank accounts
disclosed that the total amount that should be presented as Cash and Cash
Equivalents should be P6,680,739,382 or a difference of P6,596,800,357.

9.6 The discrepancy of P6,596,800,357 pertains to funds intended to be used for the
various projects of LRTA. These funds were deposited in Current Accounts and
High Yield Savings Deposit accounts with placement term of less than three (3)
months presented as part of the Other Current Asset in the financial statement;
details as follows:
Cash Fund Description Amount
Cavite Extension Project Fund 1,420,223,428
North Extension Project Fund 1,388,223,068
Line 2 PMO Project Fund 148,339,476
Rehab Project 3,452,815,286
Line 2 East Extension Project 16,782,724
Line 2 West Extension Project 170,416,375
Total 6,596,800,357
9.7 The funds presented as Other Current Assets fall under the category of Cash and
Cash Equivalents per IPSAS 2 as they are unrestricted for use and its purpose is
for the current operation or for payment of current obligation, as such, the funds
should therefore be recorded and presented as part of the Cash and Cash
Equivalents.
9.8 Considering the materiality of the amount involved, the presentation of the
aforementioned funds under Other Current Asset will not give the users of
Financial Statements the vital information in decision making on the liquidity and
capacity of LRTA as a government agency.
9.9 We recommended and Management agreed to reclassify the different cash fund
from the Other Current Asset to Cash and Cash Equivalents in the Financial
Statements in conformity with the provisions of IPSAS and for the fair presentation
of the Cash and Cash Equivalents in the financial statements.
10. Existence of dormant Receivables amounting to P768.526 million aged over three
to ten years which constitute 98.82 percent of the total receivables balance of P777.705
million and abnormal/negative balance totaling P327.598 million is contrary to
Paragraphs 3.10 and 3.12 of IPSAS 1- Conceptual Framework for General Purpose
Financial Reporting (GPFR) by Public Sector Entities. On the other hand, LRTA did not

collect from one of the Line 2 PMO contractors who confirmed that they have a payable
of P455,316 to LRTA.
10.1 Paragraphs 3.10 and 3.12 of IPSAS 1 - Conceptual Framework for General
Purpose Financial Reporting (GPFR) by Public Sector Entities stated in paragraph
4.1.b of this report is used as criteria for this observation.
10.2 Audit of the receivable accounts with year-end balance of P450,107,111 disclosed
the following:
a. Existence of dormant Receivables amounting to P768.526 million
Dormant receivables aged over three to ten years amounting to

P768,526,124.13 constitute 98.82 percent of the total normal balances of
receivables of P777,705,176.04.
b. Existence of receivables accounts with abnormal/negative balances totaling

P327.598 million
The following accounts have negative balances:
Amount of
Abnormal/Negative
Balance
Account Age
Due from NGA Less than a year (327,532,633.09)
Disallowances (5,300.00)
1 to 2 years
Due from Officers and Employees (43,150.78)
Over 2 to 3 years (16,981.06)
Total (327,598,064.93)
c. LRTA did not collect from one of the Line 2 PMO contractors who confirmed
that they have an amount due to LRTA of P455,315.94
In reply to our confirmation request made in CY 2019 and reported in our CY

2018 Annual Audit Report, a Line 2 PMO Contractor confirmed that it has a
payable to LRTA of P455,315.94. However, despite said confirmation, LRTA
has not demanded payment from said corporation.

a. Request for authority to write off dormant receivable accounts in accordance

with COA Circular No. 2016-005 dated Dec. 19, 2016;
b. Analyze the abnormal/negative balances of the accounts in order that

appropriate adjustment could be effected for the fair presentation of the
receivable accounts; and
c. Collect the amount of P455,315.94 due from a corporation.
11. The reported balance of Spare Parts Inventory amounting to P415.619 million is
not reliable due to: a) variance amounting to P66.886 million between the balance per
books and the result of physical inventory count; and b) some items with negative
balances in the total amount of P263,038 contrary to the provisions of IPSAS 1 and 12.
11.1 The provision of IPSAS 1, paragraph 27 as cited in paragraph 5.1 of this report is
one of the criteria used for this observation.
11.2 Paragraph 44 of IPSAS 12 sets out the accounting treatment for inventories
provides “that when inventories are sold, exchanged, or distributed, the carrying
amount of those inventories shall be recognized as an expense in the period in
which the related revenue is recognized. If there is no related revenue, the
expense is recognized when the goods are distributed or the related service is
rendered. The amount of any writedown of inventories and all losses of inventories
shall be recognized as an expense in the period the writedown or loss occurs. The
amount of any reversal of any writedown of inventories shall be recognized as a
reduction in the amount of inventories recognized as an expense in the period in
which the reversal occurs."
11.3 Audit of Spare Parts Inventory account with year-end balance in the amount of
P415,618,793.88 as of December 31, 2019 revealed the following observations:
a. Variance of P66,885,968.12 between the balance per books of

P415,618,793.88 and the result of physical inventory count of
P348,732,825.76.
Comparison of the Subsidiary Ledger Spare Parts Inventory or the Spare Parts
Inventory Ledger Card with the 2019 Annual Physical Inventory Report
disclosed a net variance amounting to P66,885,968.12, as follows:

System Designation Amount Amount
Per Book Per Count Variance
Rolling Stock 199,609,208.96 57,994,157.13
257,603,366.0
9
Signaling 39,001,038.09 2,244,375.68
41,245,413.77
AFCS 3,205,536.50 0
3,205,536.50
Station Mechanical 3,123,534.05 43,000.00
3,166,534.05
Station Electrical 3,933,150.56 0
3,933,150.56
Overhead Catenary 14,327,981.51 427,800.00
System 14,755,781.51
Power Supply 8,924,629.01 (25,350.00)
8,899,279.01
Telecoms 7,963,353.67 588,765.00
8,552,118.67
Heavy Equipment 3,386,690.10 1,746,430.00
5,133,120.10
Walkway Short-term 1,303,555.96 (112,981.44)
Spares 1,190,574.52
Track works 63,917,568.15 (10,443,716.44)
53,473,851.71
Architectural and Civil 36,579.20 0
Spares 36,579.20
Consumables 0 14,423,488.19
14,423,488.19
415,618,793.8 348,732,825.76 66,885,968.12
TOTAL
8
One of the causes of the variance was the non-recording of the spare parts
received or delivered to the agency because they were not yet paid, even if
some of these items have already been used. However, some of the usage or
consumption of these items were booked which caused the negative balances
of some items in the books.
This is not in accordance with the accrual principle of accounting for income
and expenses and the general principle of recognition of assets. The accrual

principle requires that income should be recognized when they were earned,
not when they are received, and expenses when they are incurred, not when
they are paid.
b. Some items with negative balances totaling to P263,038 were included in the
Ledger Card.
Some items included in the Subsidiary Ledger had negative unit balances and
cost in the total amount of P263,038, with the following details:
Spare Parts Item Description Qty. Unit Cost Total Cost

Rolling Stock Air-con Unit Circuit (6) 3,168.00 (19,008.00)
Breaker 3-Phase PN:
GV2-M10 Scheider/
Telemechanic
Power Supply Timer (2) 5,070.00 (10,140.00)
Heavy Equipment Dividing Head (1) 73,650.00 (73,650.00)
Rotary Table (1) 62,240.00 (62,240.00)
Hydraulic Control (1) 59,000.00 (59,000.00)
Board (Board as
Logic)
Forward/Reverse (1) 24,000.00 (24,000.00)
Solenoid
Control Transformer (1) 15,000.00 (15,000.00)
Total (263,038.00)
11.4 The variance between the balance per books and the result of physical inventory
count and the negative balances affected the reliability of the year-end balance of
the Spare Parts Inventory account.
a. Review all the Subsidiary Ledger Cards and reconcile it with the Bin Cards
maintained by the warehouse personnel to identify and investigate the cause/s
of the variance; and
b. Prepare the necessary adjustments after reconciliation.

12. The reliability and accuracy of Inter-Agency and Intra-Agency Receivables totaling
P779.378 million could not be ascertained due to: (a) variance amounting to P39.276
million from the result of confirmation of the account Due from National Government
Agencies; and (b) lack of pertinent documents to support entries made for the account
Due from Line I SEP in the amount of P1.659 billion, contrary to Section 111 of PD 1445
and IPSAS 1.
12.1 Section 111 of Presidential Decree (PD) No. 1445 provides that:
“The accounts of an agency shall be kept in such detail as is necessary

to meet the need of the agency and at the same time be adequate to
furnish the information needed by fiscal or control agencies of the
government.”
Purpose Financial Reporting (GPFR) by Public Sector Entities stated in paragraph
4.1.b of this report was also used as criteria for this observation.
12.3 As of December 31, 2019, the Inter-Agency and Intra-Agency Receivables

consisted of the following sub-accounts:
Particulars Amount
Inter-Agency Receivables
Due from National Government Agency 378,899,758.81
Due from GOCC 261,076.57
Due from Subsidiaries & Affiliates 697,500.00
Intra-Agency Receivables
Due from Line 1 South Extension Project 399,520,032.92
Total 779,378,368.30
12.4 Audit of Inter and Intra-Agency Receivables accounts showed the following:
a. Variance amounting to P39,275,637.54 from the result of confirmation of the

account Due from National Government Agencies.
The account Due from National Government Agency represents the funds
transferred to Procurement Service–Department of Budget and Management
(PS-DBM) for the procurement of supplies, equipment, infrastructure projects
and consultancy services pursuant to the Memorandum of Agreement dated
September 16, 2015 entered into by LRTA and PS-DBM. Details are:

Due from National Government Agency Amount
Procurement Service-DBM (Projects) 378,876,656.90
Procurement Service-DBM (Office Supplies) 23,101.91
Total 378,899,758.81
To ascertain the existence of the above account, we sent confirmation letter

request to PS-DBM dated February 14, 2020.
The Procurement Service-Department of Budget and Management (PS-DBM)

in their reply dated February 26, 2020 stated that per their accounting records,
the balance of fund transferred by LRTA as of December 31, 2019 is
P339,624,121.27.
As such, a material difference of P39,275,637.54 existed between the records

of LRTA and the PS-DBM casting doubt on the accuracy and validity of the
balance of Due from PS-DBM:
Per LRTA books 378,899,758.81

Per confirmation of PS-DBM 339,624,121.27
Variance 39,275,637.54
b. Lack of pertinent documents to support entry made for the account Due from
Line I South Extension Project (SEP) in the amount P1,658,923,433.10.
The account Due from Line 1 South Extension Project (SEP) is used whenever
fund transfers for South Extension Project is made instead of using the Cash in
Bank account. We also noted the existence of its reciprocal account Due to
Line 1 South Extension Project (SEP) but we could not ascertain its correctness
since the last transaction posted in the General Ledger was dated October
2011 which pertained to the roll-over of various matured High Yield Savings
Account, transfer of funds and interest earned.
In response, Management made an adjustment per JEV No. 502-19-07-524

wherein it off-set the balances as shown below:

Journal Entry made:
Due to Line I South Extension Project 1,660,436,406.30
Retained Earnings
1,512,973.20
Due from Line I South Extension Project
1,658,923,433.10
The remaining balance for the account Due from Line 1 SEP amounted to
P399,520,032.92 while Due to Line 1 SEP has no balance as of year-end.
There was a huge decrease in balances by 80.59 percent and 100 percent for
the accounts Due from Line I SEP and Due to Line I SEP, respectively. Details
are shown below:
Year Due from Line 1 SEP Due to Line 1 SEP
2018 2,058,443,466.02 1,660,436,406.30
2019 399,520,032.92 0
Decrease 1,658,923,433.10 1,660,436,406.30
However, prior transactions recorded for the said accounts were still uncertain
as to the appropriateness of accounts used. More so, the adjustment made to
eliminate the balances was not justified by any supporting documents nor
clarifications presented, that cast doubt to the validity and correctness of the
account balances.
a. Coordinate with PS-DBM to reconcile the account Due from National

Government Agencies;
b. Require the Accounting Division to analyze and reconcile the accounts. Make
adjustments in the books if necessary; and
c. Provide supporting documents for accounting entries made for the accounts
Due from Line 1 SEP and Due to Line SEP to validate accuracy and fair
presentation of balances.
13. The year-end balance of Other Assets account amounting to P1.703 billion lack
the necessary schedules to support the subsidiary ledger balance of its specific sub-
accounts, contrary to Sections 58, 111 and 114 of PD 1445. Further, no impairment loss
was provided for the unserviceable AFCS equipment amounting to P214.849 million
casting doubt on the accuracy of the account contrary to IPSAS 21 on the Impairment of
Non-Cash Generating Assets .

13.1 The provisions of Sections 58 and 111 (1) of PD 1445 cited in paragraph 1.1 of this
report was among the criteria used in the audit of the subject account. Likewise,
Section 114 (2) which provides that subsidiary ledgers shall be kept where
necessary.
13.2 Also, IPSAS 21 on Impairment of Non-Cash Generating Assets, particularly the

following provisions:
IPSAS 21 Guidelines/Provision
Par. 23 This Standard defines impairment as a loss in the future
economic benefits or service potential of an asset, over and
above the systematic recognition of the loss of the asset’s future
economic benefits or service potential through depreciation
(amortization). Impairment, therefore, reflects a decline in the
utility of an asset to the entity that controls it.
Par. 26 An entity shall assess at each reporting date whether there is any
indication that an asset may be impaired. If any such indication
exists, the entity shall estimate the recoverable service amount of
the asset.
13.3 The summary of the Other Assets account is as follows:
Description Amount
North Extension Project 1,509,282,231.84
South Extension Project (20,805,597.49)
AFCS Line 1 174,716,370.37
AFCS Line 2 40,132,358.49
Total 1,703,325,363.21
13.4 Management submitted only the Subsidiary Ledger (SL) but said SL was not
supported by the detailed schedule to ascertain the correctness of the balance of
the following specific sub-accounts:

Particulars Journal Entry Voucher Amount
Fund 101/102 502-12-11-617 1,491,617,218.72
North 502-12-12-692 (22,177,673.71)
South 502-12-12-692 (3,524,759.94)
656,532,068.00
502-12-12-693
(648,097,167.54)
Transfer of Fund - NEP 502-13-05-253 (27,990,835.09)
502-13-10-500 (1,958,775.00)
South Extension Project
502-13-12-646 (23,756,963.01)
North Extension Project 502-13-10-500 (23,047,149.88)
502-13-11-562 123,927,613.91
(17,286,096.79)
502-13-12-646 (5,566,146.23)
502-14-04-205 (20,799,822.88)
502-14-12-632 10,605,123.79
Sub-total 1,488,476,634.35
AFCS Line 1 502-16-04-152 141,730,678.17
502-16-11-488 196,970,432.50
AFCS Line 2 502-16-108-255 & 11-373 39,942,170.86
502-17-02-063 190,187.63
AFCS Equipment 502-18-12-925 (196,970,432.50)
30,071,821.76
502-18-12-926 2,913,870.44
Sub-total 214,848,728.86

Particulars Journal Entry Voucher Amount
Total 1,703,325,363.21
13.5 Audit of the account disclosed the following:
a. the description on the nature of account is unclear and cannot be specifically

attributed to any type of asset contrary to Sections 111 and 114 of PD1445;
b. the net amount pertaining to South Extension Project has a negative balance of
P20,805,597.49 which is not a normal balance for an asset account; and
c. the Notes to Financial Statements for CY 2019 provides only that Other Assets
account consists mainly of Line 1 North Extension Fund and unserviceable
equipment of Automated Fare Collection System using magnetic tickets, which
were already replaced by Beep Cards or contactless ticketing system.
13.6 Furthermore, the AFCS Equipment for Line 1 and 2 with net amount totaling
P214,848,728.86 was already replaced by the new ticketing system (Beep Card).
LRTA did not provide/compute the impairment loss for the said AFCS equipment
as required in paragraphs 23 and 26 which necessitate that the agency shall
assess at each reporting date and measure the impairment attributable to loss in
the future economic benefits or service potential of the asset.
a. Provide information on the specific nature of transactions that compose the

Other Assets account; and submit the schedules to support the balance of the
specific sub-account;
b. Analyze the negative balance of the Other Asset-South Extension in order to

determine if there are errors in recording the transactions and effect the
necessary adjustments; and
c. Compute the Impairment Loss pertaining to the unserviceable AFCS equipment

to reflect its realizable value.
14. The correctness and reliability of the Deposit on Letters of Credit with year-end balance
of P7.928 million was doubtful because it pertains to an inactive account since November
2013 contrary to Paragraphs 3.10 and 3.12 of IPSAS 1- Conceptual Framework for
General Purpose Financial Reporting (GPFR) by Public Sector Entities.

Purpose Financial Reporting by Public Sector Entities as stated in paragraph 4.1.b
of this report.
14.2 Letter of Credit (LC) is defined as a letter from a bank guaranteeing that a buyer’s
payment to a seller will be released on time and for the correct amount and its
purpose is to ensure successful business transactions between sellers and buyers.
Basically, it is a sort of promise to pay a seller when the goods are received and
the seller accepts the promise because the bank issued LC guarantees payment.
14.3 As of year-end, the balance of the Deposit on Letters of Credit (Account Code 1-
99-03-010) is P7.928 million representing the transaction that happened in 2013
which is considered inactive:
Date LCs No. Payee JEV No. Particulars Amount

Nov. Cash LC Cash LC L1-502-13- DAXI Line 7,928,445.15
2013 11-661 North Ext.
Project
14.4 The correctness and reliability of the year-end balance is doubtful based on the
definition and purpose of the Letter of Credits and does not present the faithful
representation of the information on the said account.
14.5 We recommended that Management determine the real nature of the transaction
and prepare the necessary adjusting entry to present the correct balance of the
Deposit on Letters of Credit account.
14.6 Management informed that adjustment will be made after securing documents
supporting the cancellation of the outstanding LC.
15. The validity and accuracy of the Liability accounts totaling P822.632 million is doubtful
due to: a) error in recording fund transfers in the amount of P981.675 million from DOTr
as Subsidy instead of Due to NGAS; hence not in accordance with COA Circular 94-013;
b) non-submission of the liquidation report on the financial assistance for Yolanda victims
amounting to P0.800 million; c) non-liquidation of fund transfers received from DOTr
despite utilization of funds; d) existence of negative balance amounting to P4.526 million;
e) lack of documents to support the account Due to Line 2 PMO amounting to P77.994
million contrary to International Public Sector Accounting Standards (IPSAS) 1
Paragraphs 3.10 and 3.12 and Section 4.6 of Presidential Decree (PD) 1445; and f) error
in the inclusion of fines and penalties charged to service income amounting to P2.853
million as Other Payables account.

15.1 As of December 31, 2019, the balances of sub-accounts of Liabilities are as
follows:
Account Amount
Trust Liabilities 417,903,000.00
Accounts Payables 299,200,158.15
Other Payables 105,529,214.31
Total 822,632,372.46
15.2 Audit disclosed the following findings and observations that cast doubt on the
validity and accuracy of the year-balance of the Liabilities account:
a. Error in recording fund transfers from Department of Transportation (DOTr) as

Subsidy instead of Due to NGAS; hence not in accordance with COA Circular
No. 94-013.
Section 4.2 of COA Circular No. 94-013 on the rules and regulations in the
grant, utilization and liquidation of funds transferred to implementing agencies
(IA) states that “the cash/money transferred shall be taken up as Cash, Inter-
agency Transferred Funds (8-70-684) by the source agency (SA) and as trust
liability (8-84-100) by the implementing agency.” Annex A (Illustrative
Accounting Entries) of the said Circular showed that the entries should be taken
up as follow:
For Issuance of OR by IA
Collecting Officers (8-70-400) xxx
National Government Agencies (8-84-100) xxx
Whereas COA Circular 2020-002 presents the updated revised chart of

accounts pertinent to the above transaction:

Account
Account Title Description
Code
Trust Liabilities 20401010 This account is credited to recognize the

receipt of amount held in trust for specific
purpose. This account is debited for
payment or settlement of the liabilities,
and/or adjustments.
Due to NGAs 20201050 This account is credited to recognize receipt

of funds for delivery of goods and services
as authorized by law, fund transfers from
National Government Agencies for
implementing of specific programs or
projects subject to liquidation and other
inter-agency transactions. This account is
debited for delivery of goods/services,
liquidation of funds received, settlement of
liabilities, and/or adjustments.
The letters of DOTr dated January 07 and 08, 2020 showed that there were
seven fund transfers for various projects that are still unliquidated as of
December 31, 2019. Of these transactions, two were taken up as Other Capital
- Deposits and as Subsidy from National Government, instead of as Trust
liability account upon receipt. Details below:
Unliquidated amount
Check
as of December 31,
Number
2019
Date Particulars
157428 Dec. 29, 2015 893,837,051.94 Repair &

Rehabilitation of
LRTA Line 1 and
Line 2 Systems

103704 Jan,18, 2018 3,985,000.00
LRT Line 2 West

Extension Project –
Consulting Services
for the Detailed
Engineering Design
Total 897,822,051.94
Under the Memorandum of Agreement between Department Transportation

and Communications (DOTC) now DOTr and LRTA dated November 06, 2015,
the National Government allocated the amount of P977,690,000.00 for various
repair and rehabilitation projects for LRT Line 1 and 2 Systems which was
transferred to LRTA in 2016. Receipt of the said amount was recorded under
JEV No. L1-502-16-12-552 with credit to Other Capital - Deposits for future
subscriptions.
Likewise, fund transfer amounting to P3,985,000.00 pertaining to the first

release of allocation for LRT 2 West Extension Project with Supplemental
Memorandum of Agreement dated 06 August 2019 was credited directly as
Subsidy from National Government instead of Trust Liability.
In adherence to COA Circulars No. 94-013 and 2020-002, it is proper to

account the fund transfer as Due to NGAs.
b. Non-submission of the liquidation report on the financial assistance for Yolanda

victims amounting to P800,000.00;
DOTr’s books LRTA’s books

(Unliquidated (Trust liabilities
balance as of balance as of
December 31, December 31,
Particular
2019) 2019) Variance
Financial Assistance –
Yolanda Fund 815,000.00 15,000.00 800,000.00
Review of the subsidiary ledger for the above transactions showed that total of
P800,000.00 was paid to various beneficiaries on November and December

2019 per JEV Nos. 502-19-11-780 and 502-19-12-812, respectively. However,
the liquidation reports for the payment of financial assistance was not yet
submitted to DOTr.
c. Non recording of the liquidation of fund transfers received from DOTr in the
amount of P39.267 million despite its utilization.
The balances of the Trust Liability account and corresponding disbursements

as of December 31, 2019 are as follows:
Should be balance
Trust Liabilities
of Trust Liabilities
Balance as of
as of December
Particulars December 31, 2019 Disbursements
31, 2019
Line 1 South Extension 250,000,000.00 38,788,800.00 211,211,200.00
Project
Line 2 East Extension 8,000,000.00 477,754.28 7,522,245.72
Total 258,000,000.00 39,266,554.28 218,733,445.72
Section 4.6 of COA Circular No. 94-013 provides that within ten (10) days after
the end of each month/end of the agreed period for the project, the IA shall
submit the Reports of Checks Issued (RCI) and the Report of Disbursement
(RD) to report the utilization of the funds. Schedules of total disbursements
relative to the fund transfers above obtained from the Accounting Division
showed that the period of disbursements was from October to December 2019.
The non-recording of the liquidation of the fund transfer overstated the balance
of Trust Liability account by P39,266,554.28.
d. Existence of negative balance in the amount of P4,526,071.99.
The Aging of the Accounts Payables showed a negative balance of

P4,526,071.99 due to MERALCO for over three years.

e. Lack of documents to support the account Due to Line 2 PMO amounting to
P77.994 million, contrary to IPSAS 1 Paragraphs 3.10 and 3.12 as stated in
paragraph 4.1.b of this report and Section 4.6 of PD 1445 which provides that
claims against government funds shall be supported with complete
documentation.
In our prior year’s finding, we noted that the accuracy of the balance of Due to
Line 2 PMO amounting to P77,993,974.96 could not be ascertained due to lack
of supporting documents which is contrary to Presidential Decree (PD) 1445
and IPSAS 1. The details of the transactions were not provided except for an
entry in the subsidiary ledger that the amount was transferred on December
2014.
f. Error in the inclusion of fines and penalties charged to service income

amounting to P2.853 million as account Other Payables.
COA Circular No. 2020-002 on the Adoption of the Updated Revised Chart of
Accounts (2019) provides that Fines and Penalties are recognized under
Service Income. This account is credited to recognize the fees collected for the
processing of documents for fines and penalties charged to service income.
Audit, however, showed that fines and penalties amounting to P2,853,256.19

was erroneously recorded under the account Other Payables.
15.3 We recommended and Management agreed to require the Accounting Division to:
a. Record fund transfer as Due to NGAs in accordance with COA Circular No. 94-
013;
b. Submit to the DOTr the liquidation report on the payment of financial assistance
to Yolanda victims;
c. Coordinate with DOTr to reconcile the balances of fund transfers and submit
liquidation for the utilization of the funds in accordance with COA Circular No.
94-013;
d. Analyze the negative balance in order to effect the appropriate adjustment;
e. Analyze the account Due to Line 2 and gather documents that can be used to
know the transactions comprising the account in order that appropriate
adjustments can be made to reflect its accurate balance; and

f. Reclassify fines and penalties from Other Payables to appropriate income
accounts under the Revised Chart of Accounts.
16. The accounts Non-Rail Revenue, Other Deferred Credits and Operating Lease
Receivable do not reflect their accurate year-end balances totaling P129.003 million due
to the use of cash basis in recognizing non-rail transactions, contrary to the provisions of
IPSAS 1– Presentation of Financial Statements and IPSAS 13 – Leases. Likewise, the
accuracy and completeness of collections of non-rail revenues and the appropriateness
of the accounting entries could not be ascertained due to non-submission of non-rail
contracts in violation of COA Circular No. 2009-001.
16.1 In our audit of non-rail revenues and lease contracts, we use as our guide the
following relevant accounting standards:
IPSAS 1 Accrual basis means a basis of accounting under which
Paragraph 7 transactions and other events are recognized when they occur
(and not only when cash or its equivalent is received or paid).
Therefore, the transactions and events recorded in the accounting
records and recognized in the financial statements of the periods to
which they relate. The elements recognized under the accrual
accounting are assets, liabilities, net assets/equity, revenue and
expenses.
IPSAS 13 Lease revenue from operating leases shall be recognized as

Paragraph 63 revenue on a straight line basis over the lease term, unless
another systematic basis is more representative of the time pattern
in which benefits derived from the leased asset is diminished.
COA Circular Within five (5) working days from the execution of a contract by the
No. 2009-001 government or any of its subdivisions, agencies or
instrumentalities, including government-owned and controlled
corporations and their subsidiaries, a copy of said contract and
each of all the documents forming part thereof by reference or
incorporation shall be furnished to the Auditor of the agency
concerned.
COA Circular Adoption of the Updated Revised Chart of Accounts for

No. 2020-002 Government Corporations (2019)
16.2 Audit disclosed the following:

a. LRTA records non-rail revenues on cash basis where income from rentals is
recognized only when payments are received from the lessees. Hence, lease
income earned is not presented in the proper accounting period. The
accounting entry being made by LRTA is:
Account Dr. Cr
Cash Collecting Officer xxx
Input Tax xxx
Due to BIR xxx
Rent/Lease Income xxx
Based on IPSAS 13 Paragraph 63, LRTA should have recorded the

transactions as follows:
Advance Payment _Dr_ _Cr_

To recognize collection of rental/lease payments
Cash-Collecting Officers xxx
Other Unearned Revenue
xxx
To recognize the rent/lease income earned for the

period
Other Unearned Revenue xxx
Rent/Lease Income
xxx
Accrual of Lease Receivable

To recognize the rent/lease income earned for
the period not yet paid
Operating Lease Receivable xxx
Rent/Lease Income
xxx
To recognize collection of rental or lease payments

previously realized
Cash xxx
Operating Lease Receivable
xxx
In the use of cash basis, LRTA failed to recognize as Operating Lease

Receivable the amount due from the various lessees at a given period; the

advance payment received was not recognized as Deferred/Unearned Income;
and no accrual was recognized over the period of the lease agreement. This
practice of LRTA of recording non-rail transactions resulted to understatement
of the Operating Lease Receivable, Deferred Credits and overstatement of
Non-Rail Revenue. This practice is shown in the following transactions:
a.1 Based on the report submitted by the LRTA Business Development

Division (BDD), there were 36 Lease Contracts as of December 31, 2019.
Examination showed that there were payments due from the following
lessees not yet collected as of year-end; however, the corresponding
income earned and Operating Lease Receivable was not recognized
amounting to P4,908,242.65, to wit:
Unpaid Rent for 2019

Period
Amount
Lessee Particulars Lease Term Covered
4,200 sq. pillar Jun. 15, 2019 – Dec. 15 - 31, 91,896.95
wall spaces Jun. 14, 2020 2019
Lessee A
3,253 sq. outdoor Nov. 29, 2019 – Nov 29, 2019 139,879.00
structural spaces Nov. 28, 2020 – Dec31,
2019
4 LRVs (Trainset April 18, 2019 – Oct. 18 – 666,186.70
No. 8) April 17, 2020 Dec. 31,
2019
Lessee B 60 Commercial Aug. 01, 2017 – Nov. 01 – 3,528,000.0
Stalls July 31, 2022 Dec. 31, 0
2019
4 Commercial Feb. 01, 2018 – Nov. 01 – 224,000.00
Stalls July 31, 2022 Dec. 31,
2019
Lessee C 6 ATM spaces April 13, 2019 – Oct. 13 – 258,280.00
April 12, 2020 Dec. 31,
2019
4,908,242.6
Total
5
a.2 Advance payments collected from several lessees in 2019 amounting to

P3,966,165.05 were already recognized as Non-Rail Revenue which
should have been recognized as Deferred/Unearned Revenue to be
accrued over the period of the lease contract.

a.3 In our CY 2018 AAR, we have as one of our findings that Lessee LOSS
failed to pay the amount of P4,796,558.47 representing rentals, penalties,
power and water consumption for the period December 2017 to December
2018 and recommended to record in the books the amount due from
Lessee LOSS. LRTA implemented the recommendation by drawing JEV
No. 502-19-07-524 and the entry made was to debit to Other Receivables
and credit to Other Deferred Credits.
The entry made per said JEV is not correct. The credit entry to Other
Deferred Credits account is not appropriate since the unpaid rental was
already earned by LRTA for the year 2018. The use of the account Other
Deferred Credits implies that LRTA has an obligation/liability to the lessee
which was not the case. The entries that should have been made to record
the receivable from Lessee LOSS are as follows:
Particulars Dr. Cr.

To recognize income from 2018 rental
and receivable
Operating Lease Receivable 3,887,965.87
Accumulated Surplus/(deficit) 3,887,965.87
To recognize expenses incurred by
lessee (power & water consumption)
Other Receivables 908,592.60
Accumulated Surplus/(deficit) 908,592.60
b. The accuracy and completeness of collections of non-rail revenues and the

appropriate accounting entries could not be ascertained due to non-submission
of non-rail contracts in violation of COA Circular No. 2009-001.
In our audit of the Report of Collections, we noted collections from various

lessees but the correctness and completeness of the said collections and the
appropriate accounting recognition could not be ascertained due to non-
submission of the lease contracts.
Upon follow-up from the Legal and the Business Development Divisions, they
informed that the contracts could not be submitted due to the following reasons:
i. the contracts are still for signature of the lessees;
ii. the renewal contracts are not yet prepared because the new period of
coverage is for finalization; and
iii. no contracts drawn.

The absence of a duly executed contract is risky on the part of LRTA as it
may result to non-collection of rental as the contract serves as source of
lessee’s obligations and LRTA’s basis to demand payment and enforce
collections of rentals.
k. Require the Accounting Division to use IPSAS 1 and 13 as guide in recording

revenue from lease agreements;
l. Prepare adjusting entries to record properly the collections from rentals as

either earned or unearned revenue to reflect the accurate nature of
transactions;
m. Set-up Operating Lease Receivable account for the accrual of lease income to
appropriately recognize due and unpaid rentals in accordance with the latest
Revised Chart of Accounts;
n. Reclassify entries to recognize due from Lessee LOSS by debiting Operating

Lease Receivable and crediting Accumulated Surplus/(Deficit); and
o. Comply strictly with COA Circular No. 2009-001 on the timely submission of
lease contracts to facilitate review.
17. The General Ledger and Trial Balance account names and account codes are not
compliant with the Updated Revised Charts of Accounts (URCA) for Government
Corporation (2019) as prescribed in COA Circular No. 2020-002.
17.1 COA Circular No. 2020-002 dated January 2020 on the Adoption of the Updated
Revised Charts of Accounts for Government Corporation (2019) prescribes the
following guidelines:
2.0 Implementing Guidelines
2.1 The GCs shall recognize their transactions in accordance

with the updated RCA prescribed herein.
2.2 The RCA for National Government Agencies (Updated 2019)

shall be adopted by GCs in accounting for their Special
Accounts in the General Fund (SAGF), if any.

2.3 The Coding Scheme shall be in accordance with the coding
structure presented in Annex A hereof.
2.4 Accounts other than those provided in this Circular shall be

used only upon prior approval of this Commission.
5.0 Effectivity
This Circular takes effect on January 1, 2019.
17.2 Analysis of the General Ledger (GL) accounts and Trial Balance (TB) showed that
the account names and account codes are not compliant with COA Circular No.
2020-002 as shown below:
Should be
Per GL and TB (Per COA Circular 2020-002)
Balance, Remarks
Account Account
Account Title Account Title December 31,
Code Code
2019
Cash on Hand - 1-01-01- Petty Cash 1-01-01- 1,243,529.00

Petty Cash Fund 020 020
Input Tax 1-03-05- Input Tax 1-99-02- 76,590,885.08 Input Tax

990B 060 correctly
Presented as
Prepayments in
SFP), only
account code
should be
corrected
Receivables- 1-03-05- Receivables- 1-03-99- 35,097,714.83 Account code

Disallowances/ 010 Disallowances/ 010 used is different
Charges Charges
Due from Officers 1-03-05- Due from 1-03-99- 328,251.27 Account code

Should be
Balance, Remarks
Account Account
Code Code
2019
& Employees 020 Officers & 020 used is different

Employees
Construction in 1-05-99- 1-06-98- 1,991,204,753.3 CIP GL account

Construction in
Progress (CIP) 010 (Specific 4 should be
Progress – specific
GL
(Specific PPE)
Account)
Railways System 1-06-03- Railways 1-06-03- To be presented

- PPE Railways 100A System 100 18,870,041,434. in Trial Balance
54 as single
account
Railways
Electrification, 1-06-03- System
Power and Energy 100B 3,688,458,012.4
Structures 6
Signaling 1-06-03-
Equipment 100C 0
Other Service 1-06-11- Other Service 1-06-12- 1,395,801,478.1 Account code

Concession 990 Concession 990 0 used is different
Assets Assets
Accumulated 1-06-11- Accumulated 1-06-12- 332,101,080.15 Account code

Depreciation- 991 Depreciation- 991 used is different
Other Service Other Service
Concession Concession
Assets Assets
Service 1-06-11- Service 1-06-12- 35,014,515,911. Service

Concession 110 Concession – (Specific 53 Concession GL
Account and its
Assets - Railway Tangible GL Accumulated
System Assets Account) Depreciation
should be
Accumulated 1-06-11- Accumulated 1-06-12- 16,518,850,694. specific, i.e.-
Railway System,

Should be
Balance, Remarks
Account Account
Code Code
2019
Depreciation- 111 Depreciation- (Specific 77 Transportation

Service Tangible GL Equipment,
Land, Bldg. and
Concession Assets Account) Other
Assets - Railway Structures, etc.
System
Other PPE - 1-06-98- Other PPE - 1-06-99- Account code

AFCS Equipment 990B AFCS 990 902,961,054.48 used is different
Equipment
Due to Line I 2-03-01- Appropriate 2-03-01 1,283,353,083.2 Account code

North Extension 080A Intra-Agency 9 used is different
Project Payable
Account
Retained Earnings 3-07-01- Accumulated 3-01-01- (28,624,664,199 Accumulated

(Deficit) 010 Surplus / 010 .88) Surplus /
(Deficit) for Non-
(Deficit) GBEs
Sale of 4-06-01- Gain/(Loss on 4-05-01- 1,028,571.42 Proceeds of

Unserviceable 020 Sale of 170/5-05- Sale shall not be
treated as
Property Unserviceable 04-250 outright income.
Property) Gain/Loss shall
be computed by
the difference
between
proceeds from
sale and the
carrying amount
of PPE.
Miscellaneous 4-06-03- Miscellaneous 4-06-99- 942,837.69 Account code

Income 990 Income 990 used is different

Should be
Balance, Remarks
Account Account
Code Code
2019
Direct Operating 5-04-03- Cost of 5-04-03- 187,731,532.72 To be presented

Cost - Overhead 020 Services 010 in Trial Balance
as single
Direct Operating 5-04-03- 135,908,813.01 account relating
cost directly
Cost - Materials 030 attributable in
delivering
Direct Operating 5-04-03- 199,961,189.08 services
Cost - Power 040
Direct Operating 5-04-03- 212,479,188.16

Cost - 050
Maintenance of
LRT System
17.3 We recommended and Management agreed to adopt the prescribed account

names and account codes in the Updated Revised Charts of Accounts for
Government Corporation (2019).
17.4 The Accounting Division will fully adopt the prescribed account names and account
codes in the Updated Revised Chart of Accounts for Government Corporation
(2019) effective July 2020.
B. OTHER AUDIT OBSERVATIONS
18. Of the P6.082 billion released as budgetary support to LRTA’s rehabilitation projects,
only P3.772 billion was utilized or 69.06 per cent. Twenty projects amounting to P4.056
billion remained unimplemented and are still in the early stage of the procurement
process. The Unexpended balance of projects already completed amounting to P121.613
million was not returned to the Bureau of Treasury as required in Executive Order No.
292.
18.1 The following rules and regulations were used in the audit of budgetary support
from the government:

Section 2 of PD 1445 states that “It is also the declared policy of the State that all
resources of the government shall be managed, expended or utilized in
accordance with law and regulations, and safeguarded against loss or wastage
through illegal or improper disposition, with a view to ensuring efficiency,
economy and effectiveness in the operations of government. The responsibility to
take care that such policy is faithfully adhered to rests directly with the chief or
head of the government agency concerned”
Sec. 28 Chapter 4, Book VI of Executive Order No. 292 states that any
unexpended balance therefrom shall revert to the unappropriated surplus of the
General Fund. Provided, that appropriations for capital outlays shall remain valid
until fully spent or reverted.
18.2 In our audit of the release and utilization of the budgetary support to LRTA’s
rehabilitation projects amounting to P9,525,259,224.00 authorized in the annual
General Appropriations Act (GAA) for CY 2011 to 2019, we noted the following:
a. Low utilization of the budgetary support
The Budget and Financial Accountability Reports as of December 31, 2019,

showed information on the total subsidy allotment, the amount released to
LRTA and the amount utilized which we summarized below:
Year Allotment Released Obligated Utilized Unutilized

2011 889,822,224.00 889,822,224.00 881,750,693.63 833,454,726.24 56,367,497.76
2013 1,314,000,000.0 1,314,000,000.0
900,835,976.30 762,351,752.32 551,648,247.68
0 0
2014 727,690,000.00 671,185,510.00 718,840,000.00 372,836,834.89 298,348,675.11
2015 2,819,997,000.0 1,627,614,130.0 2,215,921,404.6 1,644,467,139.7
(16,853,009.77)
0 0 3 7
2016 343,560,000.00 343,560,000.00 343,560,000.00 0.00 343,560,000.00
2018 1,034,000,000.0 0.00
258,500,000.00 0.00 258,500,000.00
0
2019 1,418,500,000.0 0.00
0.00 0.00 0.00
0
2015
-
DOT 977,690,000.00 977,690,000.00 400,605,840.41 158,732,948.00 818,957,052.00
r
GAA
9,525,259,224.0 6,082,371,864.0 5,461,513,914.9 3,771,843,401.2 2,310,528,462.7
Total
0 0 7 2 8
89.79 of the 37.99 of the
63.86 of the 69.06 of the
% 100 released released
allotment obligated
amount amount

As shown in the above table, there was low release and utilization of the
subsidy allotments as of December 31, 2019, out of the total allotments of
P9,525,259,224.00, only P6,082,371,864.00 or 63.86 per cent was released to
LRTA as cash allocations and as downloaded funds from the Department of
Budget and Management (DBM) and Department of Transportation (DOTr). Of
the total amount released, only P5,461,513,914.97 or 89.79 per cent was
obligated and only P3,771,843,401.22 or 69.06 per cent was paid to
contractors/suppliers.
Management explained that the major reason for the unutilized amount is the
failure of bidding of several projects; thus remained unimplemented. Also,
LRTA has not fully utilized the existing Notice of Cash Allocations received from
the Department of Budget and Management (DBM) which caused the non-
release of the remaining balance of the SAROs which is consistent with
common fund system of DBM.
b. Twenty projects amounting to P4.055 billion remained unimplemented and are

still in the early stage of the procurement process.
As of December 31, 2019, the following planned projects remained

unimplemented and unobligated even though most of these are funded from
previous years GAAs:
Funding
Project Description Allotment Status
Source
2013 GAA Consultancy Services for Structural 50,000,000.00 For

Investigation and Related Works of Negotiation
LRT Lines 1 and 2
Acquisition and Integration of CCTV 150,000,000.00 Re-bid (2nd)

System - (Formerly Consultancy
Services for Railways Operations
Safety Training)
Restoration of Four (4) Down Trainsets 142,500,000.00 Re-bid (2nd)

- (Formerly Systematic Replacement of
Rolling Stock Air Conditioning Units for
Four (4) Trainsets)

Funding
Source
Improvement / Extension of Philippine 3,000,000.00 Re-bid (3rd)

Training Center (PRTC) Training
Room/ Office at LRTA Line 2 (Formerly
Construction of Training Room Office
at LRTA Line 2)
Repair/Restoration of Trainsets 13 and 13,720,000.00 For

18 Negotiation
Restoration of Fiber Optic Cable 2,600,000.00 For

Communication Backbone at LRT Line Negotiation
2
Acquisition of Various Spare Parts for 13,680,000.00 Pre-

Line 2 System procurement
2015 GAA Integrated Performance Management 32,658,600.67 Re-bid (5th)

System
Installation of Platform Screen Doors 432,000,000.00 Post-

Qualification
Operations Control Center (OCC) 65,000,000.00 Pre-

Upgrade and Automation procurement
Systematic Replacement of 73,000,000.00 Re-bid (3rd)

Compressor Motor Control Unit
(CMCU)
Improvement of MOW Warehouse and 50,000,000.00 Pre-

Records Stockroom procurement
2018 GAA Acquisition of New Trainsets 1,034,000,000.00 Procurement
2019 GAA Acquisition of New Trainsets 19,873,000.00 Procurement
Consulting Services for Acquisition of 321,000,000.00 Procurement

Trainsets
553,400,000.00 Negotiated
Restoration of Rectifier Substation
Procurement
(RSS) Nos 4, 5 and 6 and Various Line

Funding
Source
2 System Equipment Damaged by Fire
Restoration of Signalling Equipment 324,444,700.00 Negotiated

Damaged by Fire Incident at Rectifier Procurement
Substation (RSS) Nos 4, 5 and 6
Restoration of Telecoms Equipment 128,288,500.00 Negotiated

Damaged by Fire Incident Procurement
Consulting Services for the Restoration 71,493,800.00 Negotiated

of Various Line 2 System Equipment Procurement
damage by Fire
2015 Restoration of (4) Down Trainsets - 575,000,000.00 Re-bid (2nd)

(DOTr) Part 1
Total 4,055,658,600.67
c. Unexpended balance of projects already completed amounting to P121.613

million was not returned to the Bureau of Treasury as required in Executive
Order No. 292.
We also noted that there were projects already completed but with excess fund
allocations. As required in Section 28, Chapter 4, Book VI of Executive Order
No. 292, any unexpended balance should be returned to the Bureau of the
Treasury (BTr).
The list of the completed projects with its corresponding itemized allocations,
disbursements and unexpended balance as of December 31, 2019 is shown as
follows:

Funding Notice of Cash Unexpended
Project Description Disbursements
Source Allocation Balance
2011 Systematic Rail 277,122,517.00 258,288,948.13 18,833,568.87

Replacement at Line 1
Revenue Line
Systematic 107,905,195.00 101,619,455.00 6,285,740.00

Replacement of Gantry
Anchor Bolts at LRT 1
Revenue Line and
Connecting Line
Installation of Fiber 100,942,001.00 97,802,699.40 3,139,301.60

Optics Cable and
Equipment with New
Synchronous Digital
Hierarchy (SDH) for
LRTA Signaling
System and Packet
Network for Telecoms
Unified Communication
Upgrading of Analog to 78,278,644.31 72,754,405.54 5,524,238.77

Digital Trunk Radio
system for LRTA Line 2
System
Upgrading and 35,533,764.00 32,842,857.60 2,690,906.40

Replacement of
SCADA into Full
Operational capacity of
LRTA Line 2
Driving Gear Assembly 135,267,840.00 131,328,000.00 3,939,840.00
2013 Replacement of 18,000,000.00 17,858,000.00 142,000.00

Sewage Ejector Pump
(Katipunan Station) and
Booster Pumps (Line 2
Station)

Systematic 360,000,000.00 350,999,998.40 9,000,001.60

Replacement of Rolling
Stock Air Conditioning
Units for 10 Trainsets -
Part 1
Acquisition of Trainset 28,000,000.00 27,161,100.00 838,900.00

Wheels - Part II
Acquisition of Rolling 28,600,000.00 26,832,000.00 1,768,000.00

Stock Diagnostic Tools
and Equipment
(Formerly Rolling Stock
Diagnostic Tools and
Equipment
Replacement of Air- 30,000,000.00 29,888,000.00 112,000.00

conditioning System at
Mainline and Depot
2013 Replacement of 19,000,000.00 18,922,713.54 77,286.46

Waterline Piping
System
Scissor Lift and 11,300,000.00 11,049,766.00 250,234.00

Articulated Boom
Acquisition of Rolling 81,400,000.00 77,688,000.00 3,712,000.00

Stock Simulator
Turn-out Replacements 9,200,000.00 8,715,200.00 484,800.00
Requisition of Trainset 25,000,000.00 14,508,000.00 10,492,000.00

Wheels
Re-railing Equipment 13,600,000.00 6,760,000.00 6,840,000.00
Upgrading and 2,400,000.00 2,355,000.00 45,000.00

Replacement of Air-
conditioning System at

Mainline Station
Installation of OCS 9,604,577.52 9,399,268.72 205,308.80

Lightning Protection
System (Formerly
Installation of Lightning
Protection System at
Santolan Station)
2015 Upgrade of Existing 43,000,000.00 30,150,016.00 12,849,984.00

ICT Structure
Supply and Installation 19,510,000.00 12,989,600.00 6,520,400.00

of UPS and Battery
Bank at all Line 2
Telecom Equipment
Room (TER)
Replacement of Line 2 149,313,941.76 143,520,000.00 5,793,941.76

Conveyance System
Construction of 500,000.00 476,000.00 24,000.00

Cobvered Walkway at
Santolan Station (East
Wing)
CCTV Security 70,000,000.00 49,088,000.00 20,912,000.00

Surveillance Cameras
(Revenue and Depot)
2015 Upgrading of Katipunan 30,000,000.00 29,888,000.00 112,000.00

DOTr Chiller System
Replacement of Brake 16,000,000.00 14,980,320.00 1,019,680.00

Operating Units (BOU)
System - Part 2
Total 1,699,478,480.59 1,577,865,348.33 121,613,132.26

18.3 We recommended that Management:
a. Optimize and increase the utilization of the available allotments and cash
allocations received from the DBM and DOTr to ensure that the purpose for which
the allotments were given are timely achieved;
b. Fast-track the implementation of the twenty unimplemented rehabilitation projects

to achieve the purpose of the appropriated funds; and obtain the available modes
of procurement subject to the rules and regulations as provided for in RA 9184 on
projects with failures of bidding; and
c. Return the excess funds of completed projects to the Bureau of the Treasury (BTr)
as required in Sec. 28 Chapter 4, Book VI of Executive Order No. 292.
18.4 Management will comply with the recommendations to increase the utilization of the
available allotments and cash allocations received from the DBM and DOTr and to
fast-track the procurement of the projects for bidding. Management will seek
clearance from the appropriate authority (i.e. Board of Directors/DBM/ DOTr) for the
realignment of the unexpended balance. In addition, management asserted that they
are allowed to deduct an amount not exceeding three percent of the total project cost
of Infra Projects amounting to P5 million and above from funds source from DOTr to
defray Project Management related expenses or known as Extraordinary and
Administrative Overhead Expenses (EAOE). The DBM has also authorized and
released a total of P27.196 million as EAOE Funds out of the allotment of P889 million
in CY 2011. Hence, we deemed that the said amount is already our Corporate Funds
which shall be used for the supervision of the projects.
18.5 As a rejoinder, the unexpended balance we have noted pertained to specific projects
funded by specific General Appropriations Act that have been completed. The
unexpended balance computed has no relation with the allowable deduction of three
percent for project management expenses for DOTr projects and EAOE Fund, a line
item under allotment of P889 million for CY 2011, as the amounts are based on the
actual cash allocations supported by NCAs and actual disbursements specific to
projects.
C. GENDER AND DEVELOPMENT (GAD)
19. GAD Expenditure of P15.966 million was only 54.55 percent of the total GAD Budget of
P29.267 million. There was also double posting of an activity relevant to conducting
orientations and capacity building on Harmonized Gender and Development Guidelines
(HGFG) in the amount of P284,000 in the Approved GAD Budget.
19.1 Audit of GAD expenses revealed the following:

a. Actual GAD Expenditure of P15,966,025.20 was only 54.55 percent of the total
GAD Budget of P29,267,012.00, as shown in the tabulation below:
Budget Utilization Unutilized
No. of
No. of Activity
Activity
Programs/
Partially Not
Activities/ No. of
Done
Activit Don Done
Projects y Amount Amount Amount
e
Client
6 7,201,000 6 1 837,936 0 6,363,064
Focused
Organizatio
15,128,08
nal 21 22,066,012 11 4 6 6,937,923
9
Focused
15,966,02 13,300,986
Total 27 29,267,012 17 5 6
5 7
% of 100% 54.55%
Budget
Utilization
The GAD budget of P29.267 million was not maximized. Of the 27 approved
GAD programs for 2019, only 17 programs were fully accomplished while five
programs were partially implemented with total actual expenditure of P15.966
million. The remaining five programs are not yet undertaken and as seen in the
above table, there are six programs indicated as not yet done since it included
one program that was posted twice in the GAD Budget.
Various Organizational Focused programs, projects and activities in the GAD

Plan and Budget were not implemented as of the end of CY 2019. Thus, the
intended benefits of the plan were not fully achieved. On the other hand, one
GAD related activity not included in the approved GAD Plan and Budget (GPB)
was undertaken at the cost of P717,066.00 pertaining to the free ride provided
to women passengers during the International Women’s Month Celebration on
March 8, 2019.
b. Double posting of an activity relevant to conducting orientations and capacity

building on Harmonized Gender and Development Guidelines (HGFG) in the
amount of P284,000 in the Approved GAD Budget.

Review of the GPB showed double posting of an activity relevant to conducting
orientations and capacity building on Harmonized Gender and Development
Guidelines (HGFG) in the amount of P284,000 making the GAD Budget for
2019 bigger.
19.2 We recommended that Management:
a. Maximize the utilization of the GAD funds through the full implementation of
GAD-related programs and projects in order to attain the objective for which
GAD funds were budgeted;
b. Review GAD Accomplishment Report for CY 2019 to determine the cause/s for
the non-implementation of programmed/scheduled activities; and
c. See to it that the Approved GAD Budget have no double posting of planned
activity that may result to bigger GAD Budget.
19.3 Management took note of the recommendation and assessment of the reasons for
non-achievements of the targets will be done and appropriate corrective actions
will be initiated to address the identified issues. Comparing to last year’s
performance of barely four (4) per cent, management have marked a substantial
improvement and will continue to give the best efforts in the accomplishment of the
set GAD Plan and Budget. The double posting of an activity in the amount of
P284,000 was inadvertently overlooked during the time it was prepared and when
it was endorsed to PCW. Management will be more vigilant next time and will
immediately advise the PCW for the adjustment of the GPB.
D. COMPLIANCE WITH TAX LAWS
LRTA complied with the Bureau of Internal Revenue (BIR) regulations and properly recorded
and remitted taxes withheld within the prescribed period. For the last Quarter of CY 2019,
the following were the taxes remitted to the BIR:
Particulars Period Withheld Date Remitted Amount Remitted

Withholding tax on October November 7, 2019 2,149,164.56
Compensation November December 9,2019 2,904,087.83

Particulars Period Withheld Date Remitted Amount Remitted
December January 15, 2020 3,902,303.55
Percentage Tax October January 20, 2020 5,107,154.94

November
December
Value Added Tax on October November 7, 2019 2,545,817.67
Supplier of Goods and November December 9,2019 7,545,989.26
Services December January 15, 2020 4,225,082.11
Expanded Withholding October November 7, 2019 1,264,934.96
Tax on Supplier of November December 9,2019 2,771,997.44
Goods and Services December January 15, 2020 1,465,181.89
Value Added Tax on October November 19, 2019 1,154,590.43

Rental November December 18, 2019 1,986,421.59
December January 20, 2020 477,726.23
E. COMPLIANCE WITH RULES ON THE GOVERNMENT MANDATORY DEDUCTIONS
LRTA has been compliant with the mandatory withholding and remittance of mandatory
obligations required by law. For the last quarter of CY 2019, LRTA made the following
remittance:
Period
Particulars Withheld Date Remitted Amount Remitted
GSIS Premium October November 8, 2019 5,891,698.96
contributions and November December 10, 2019 5,909,207.20
loan amortization December January 9, 2020 6,184,160.16
Pag-ibig Premiums October November 14, 2019 673,799.39

and loan November December 16, 2019 659,488.41
amortization December January 15, 2020 648,250.99
PhilHealth Insurance October November 14, 2019 313,033.22
Premiums November December 16, 2019 313,823.92
December January 15, 2020 358,205.77
F. INSURANCE OF PROPERTIES
LRTA insured its insurable properties with the GSIS in compliance with RA 656 (Property
Insurance Law).

G. STATUS OF AUDIT SUSPENSIONS, DISALLOWANCES AND CHARGES
1.1 For CY 2019, there were two Notice of Disallowance issued. The balance appearing
in the Statement of Audit Suspensions, Disallowances and Charges (SASDC) as of
December 31, 2019 is composed of the following details:
Beginning January to December 2019

Balance Ending Balance
Settled this
01-01-19 Issued this Period Period 12-31-19
Notice of
Suspension 0 0 0 0
Notice of US$58,800 0 0 US$58,800

Disallowances P6,608,733.16 P161,743,494.96 P635,647.94 P167,716,580.18
Notice of
Charges 0 0 0 0
1.2 The amount of US$58,800 represents the disallowed payment to TAN-CA International,
Inc./Yujin Machinery Ltd. for the repair of traction motor armatures which was affirmed in
COA Decision No. 2012-142 dated September 13, 2012. While COA Order of Execution
(COE) No. 2017-105 dated October 27, 2017 were issued for the enforcement of
Supreme Court En Banc Decision dated June 28, 2016 in the case “Teodoro B. Cruz, Jr.,
Melchor M. Alonzo, and Wilfredo P. Alday vs. Commission on Audit,” G.R. No. 210936,
modifying COA Commission Proper en banc Resolution dated December 6, 2013, COA
Decision No. 2012-142 dated September 13, 2012, and Notice of Disallowance No.
LRTA 2008-005 (2002) dated February 27, 2008 on the payment by Light Rail Transit
Authority (LRTA) for the repair/rewinding of 23 units of traction motor armature by
TANCA International Inc. in the total amount of $58,800.00 (P3,025,104.40).
The Manager of Accounting Division, through her counsels filed a Motion to Quash the
Order of Execution before the Honorable Commission Proper (CP) on December 21,
2017 who ordered her to file the appeal within the time allowed under the COA Rules and
Regulations.
1.3 The Notices of Disallowance amounting to P167,716,580.18 as of December 31, 2019

consisted of P1,764,471.57, with appeals pending at the Office of the Cluster Director,
P4,208,613,.65 which were already affirmed by the Cluster Director and
P161,743,494.96 issued this 2019, with details shown in the following table. These audit
disallowances have not become final and executory as petitions for review have been
filed with the COA Commission Proper, or the appeal period has not expired yet, or the
Cluster 3 decision was submitted to the COA CP for automatic review, as follows:

ND No./ Date Amount Nature of Disallowance Remarks
14-003(13) 2,851,400.00 Overpayment of RATA With CGS Cluster 3
2/10/2014 Decision No. 2016-17
14-016(13) 847,500.00 dated May 3, 2016
6/18/2014 affirming the ND
14-009(13) 1,764,471.57 Payment of With pending Appeal
3/20/2014 honoraria/monetary filed with CGS Cluster 3
incentive award
14-013(13) 509,713.65 Purchase of gift With Cluster 3 Decision
3/24/2014 certificates for CY 2013 No. 2016-02 dated
February 16, 2016
affirming the ND
With Petition for Review
filed with the CP in April
2016
2019-01 (2018) 151,550,316.00 Partial payment made to Issued Notice of
8/27/2019 DAXI-Frateur De Pourcq Disallowance dated
Joint Venture August 27, 2019
2019-02 10,193,178.96 Payment of Separation Issued Notice of

11/29/2019 Benefits excluding legal Disallowance dated
interest to 41 private November 29, 2019
respondents who are
former employees of
MTOI
167,716,580.18
1.4 The Account Receivable-Disallowances showed a balance of P35,097,715 as of

December 31, 2019 which was the balance prior to the issuance of the 2009 Revised
Rules and Regulations on Settlement of Accounts. There was no action taken by
Management on the disallowances which remained unsettled as of reporting date. No
documents were found on file that would show that appeals for reconsideration were filed
with the Commission on Audit.
1.5 Management informed that they wanted the disallowances to be settled; however, they
could not act on them due to the following reasons:
a. There was pending claim by PNCC against LRTA which was with OGCC for
resolution.

b. The disallowances were made more than 20 years ago and their files/records could
no longer be located.
c. Most of the employees with disallowances were no longer with LRTA.
1.6 As we stated in the CY 2012 AAR, we were able to find the file copy of the letter dated
November 5, 2002 of Ms. Teresita L. Panganiban, State Auditor IV, Resident Auditor,
LRTA, addressed to Director Ildefonso T. Deloria, Legal and Adjudication Office-
Corporate submitting the following information and data regarding the disallowance
involving the PNCC:
a. COA’s reply to the Administrator dated November 21, 1998 re: request for
reconsideration of the audit finding based on the technical evaluation of LRTA Line 1
project;
b. Status of Payment-Civil Works;
c. Schedule of LRTA Accounts Receivable-PNCC; and
d. Photocopies of letters from the Office of the Government Corporate Counsel to

contractor and respondent.
1.7 However, we were not able to locate the complete file of the above listed documents
submitted, and no information was obtained on the subsequent actions of the COA Legal
and Adjudication Office-Corporate.

STATUS OF IMPLEMENTATION OF PRIOR YEAR’S AUDIT RECOMMENDATIONS
Of the 100 audit recommendations contained in the prior year’s Annual Audit Report, 38
were fully implemented, 41 were partially implemented and 21 were not implemented.
The details on the action taken are presented below:
Status of
Reference Audit Observations Recommendations Implementation
AAR 2018 The correctness of the Require the Accounting

Observation reported year-end balance Division to:
No.1 of the account Cash in
(pp.59-65) Bank amounting to P7.557 a. Analyze the Partially
billion could not be reconciling items so Implemented
established due to the that the necessary For further
following deficiencies adjusting entries can validation.
totaling P81.527 million be effected;
which is not in accordance
with Section 74 of PD 1445 b. Record the dormant- Fully
and Paragraph 3.10 and expropriated bank Implemented
3.12 of IPSAS 1: accounts and require
explanations from
a. Unrecorded reconciling concerned LRTA
items amounting to officials and
P0.544 million; employees of the non-
recording of those
b. Unrecorded dormant- accounts;
expropriated bank
accounts of P72.447 c. Analyze the variance Partially
million; and reconcile the Implemented
balances of the funds For further
c. Variance of P8.244 maintained for the validation.
million between the Guaranty Deposits
balance of funds and Customer
maintained for sale of Deposits and prepare
bid documents, bid the necessary
bonds, retention and adjusting entries;
security deposits
posted by Line 2 d. Analyze the closed Fully
lessees and the and dormant bank Implemented
balance per books of accounts with PNB to
Guaranty Deposit determine if the
Payable and Deposit balances appearing in
Payable accounts; the books are correct
so that appropriate
d. Closed accounts with adjustment can be
PNB amounting to made;
P2.733 million
remained unadjusted;

Status of
e. Dormant foreign bank e. Make representation/ Not Implemented
accounts for more than prepare official Reiterated in the
eight (8) years with communication with current report
recorded peso the local affiliate of the under Finding No.
equivalent of P6.560 foreign banks where 4 pages 72-76
million; the amount of P6.559
million was deposited
f. Non-submission of in order to determine
bank reconciliation the real status of the
statements for 36 bank accounts;
accounts;
f. Submit the Bank Not Implemented
g. Misclassification of Reconciliation Reiterated in the
accounts and/or bank Statements on time for current report
account number all bank accounts under Finding No.
confirmed by the bank maintained by LRTA 4 pages 72-76
different with the bank for verification and
account number adjustments so that
recorded in the books; adjustments if any can
and be immediately
effected;
h. Lack of subsidiary
ledgers for bank g. Effect the appropriate Fully
accounts recorded in classification of the Implemented
the Other Asset- bank accounts in the
Restricted Funds books of accounts;
account. and
h. Maintain SLs for the Fully

bank accounts Implemented
classified as Other
Assets-Restricted
Funds.
AAR 2018 Various deficiencies were a. Analyze the Partially

Observation noted in the placement and classification/category Implemented
No.2 usage of High Yield of each HYSA account For further
(pp. 65-74) Savings Accounts (HYSA) and consider merging validation.
amounting to P7.470 billion accounts for the same
contrary to various purpose/project to
issuances and standards: lessen the number of
HYSA being
a. Movement of HYSA maintained and refrain
placements could not from transferring funds
be easily verified due to from one depository
numerous HYSA bank to another
maintained which were without any justifiable

Status of
later transferred to reasons;
other bank accounts or
used to open another b. Discontinue using the Partially
HYSA accounts subsidy funds Implemented.
contrary to Executive earmarked for specific Management
Order (EO) No. 292; purposes and strictly provided
comply with EO 292 justification on the
b. Portion of SARO No. on the use of subsidy fund transfer to
C-16-18881 dated June fund and replace the various bank
17, 2016 amounting to amount taken from the accounts
P743.560 million for the subsidy fund of
Rehabilitation of LRT Rehabilitation of LRT
Line 2 System and Line 2 System and
General Administration General
and Support was not Administration and
utilized in accordance Support. Submit
with its intended explanation on the
purpose due to its transfer of funds of
transfer to various bank P210 million from the
accounts opened for Rehabilitation and
other purposes Restoration Fund to
contrary to EO 292; the bank account
maintained for the
c. Transfer of funds from trust receipt and
PMO Line 1 SEP bank collections of LRTA
account to HYSA under the Corporate
totaling P125.088 Fund account;
million was not
recorded in the books c. Take up the Fully
in accordance with unrecorded transfer of Implemented
IPSAS 1; and funds to ensure that all
transactions are
d. Classification of HYSA recorded in the book
as Restricted Funds of accounts; and
under Non-Current
Assets is not in d. Reclassify the Fully
accordance with IPSAS Restricted Funds as Implemented
1. Current Assets to
conform with the
IPSAS 1.
AAR 2018 Interest earned for CYs Require the Accounting

Observation 2017 and 2018 from Division to:
No.3 various
(pp.74-78) investments/deposits a. Recognize interest Partially
amounting to P1.866 earned from all bank Implemented
million was not recognized accounts and regularly With respect to

Status of
in the books of accounts monitor the interest other accounts,
which is not in accordance earned to ensure this remained
with Paragraph nos. 3.10 complete recording; unadjusted and/
and 3.12 of IPSAS 1 and or unrecorded.
Paragraph no. 33 of IPSAS
9; thus, understating the b. Require the depository Fully
Interest Income and Cash banks to provide bank Implemented
accounts and the affected statements for all
accounts on Retained expropriation accounts
Earnings and Taxes and for reconciliation to
Licenses Expenses. reflect the accurate
bank balances;
Erroneous recording of
Interest Receivable on c. Update and correct Partially
High Yield Savings the entries in the Implemented
Accounts (HYSA) resulted subsidiary ledgers of Other accounts
to net overstatement of each account to reflect remained not
P2,905. the correct balance updated/
and for easy uncorrected
reconciliation; and
d. Maintain separate Fully

subsidiary ledger for Implemented
each purpose or group
of HYSA Accounts to
avoid misreporting of
transactions and for
easy verification and
monitoring.
AAR 2018 Accuracy and reliability of a. Use the proper Not Implemented
Observation Receivable accounts with accounts in recording Reiterated in the
No.4 year-end balance of transactions affecting current report
(pp. 78-82) P2.824 billion could not be the account under Finding No.
ascertained due to: Receivable–Due from 8 pages 81-83
Operating Unit–Line 1
a. Erroneous recognition South Extension
of Account Receivable- Project (SEP) to
Due from Operating present the
Unit-Line 1 South transactions
Extension Project accurately and for fair
(SEP) with aggregate presentation of
value of P2.058 billion accounts balances;
for the expenses
payable for Line 1 SEP b. Make representation Not Implemented
instead of directly with the PS-DBM and Reiterated in the
debiting Cash in Bank PNCC to reconcile the current report

Status of
(SEP) making both accounts in order that under Finding No.
accounts not fairly appropriate action can 8 pages 81-83
stated in accordance to be undertaken by
Paragraph 3.10 of LRTA and the
IPSAS 1 and Section concerned agencies.
111 of Presidential Exert utmost effort to
Decree (PD) No. 1445; collect the receivables
and from various debtors
and if possible
b. Confirmation made to undertake legal action;
two (2) accounts and
showed significant
variance of P327.978 c. Prepare/send Partially
million. collection letters to the Implemented
debtors who did not For further
respond to the validation.
confirmation letter.
AAR 2018 LRTA failed to impose the a. Enforce the provisions

Observation provisions of Section 13 of of the non-rail contract
No.5 the lease agreement with LOSS by:
(pp. 82-91) between LRTA and Lessee
of Santolan Station (LOSS) a.1 Demand Fully
when the latter failed to immediately the Implemented
pay the lease rental payment of lease
including penalties, power rental including
and water consumption penalties and
totalling P4.796 million. power
consumption;
Several lessees failed to a.2 Take the Partially

comply with the quality and necessary legal Implemented
standards specifications remedies to For further
set in the non-rail enforce the validation.
contracts. eviction of lessee
from the leased
premises in order
that LRTA can
There were delays and make use of the
non-submission of non-rail property and
contracts and its lease the same to
supporting documents in other interested
violation of COA Circular and qualified
No. 2009-001. lessees; and
a.3Terminate the Partially

contract with Implemented

Status of
lessee; Contract still
considered
existing per BDDs
report to date;
Lessee continues
to occupy some
spaces.
b. Record in the books of Not Implemented

accounts the amount Reiterated in the
due from lessee; current report
under Finding No.
12 pages 90-94
c. Review thoroughly the Fully

qualifications of the Implemented
prospective lessees as
to its capacity to pay
and to the nature of its
business;
d. Enforce to lessees the Fully

Quality and Standard Implemented
Specification set by
the Management
which is part of the
provisions of the
contract as well as
other pertinent laws,
rules and regulations
and provide a
provision in the
contract for the
imposition of penalties
for non-compliance of
contract provisions;
e. Submit on time all Not Implemented

non-rail contracts and Reiterated in the
its pertinent current report
documents in under Finding No.
compliance to COA 12 pages 90-94
Circular No. 2009-001
and ensure that the
contracts submitted
are supported by

Status of
complete documents;
and
f. Prepare the contract Fully

for the lease of Implemented
telecom company of
the LRTA’s dark fiber
optic cable and
collocation fee to
ensure that the rights
of LRTA are protected
and as basis for the
collection of rental.
AAR 2018 Completed Rehabilitation a. Record in the books of Fully

Observation Projects costing P343.332 accounts the projects Implemented
No.6 million procured through completed by the PS-
(pp. 91-93) the Procurement Service- DBM and require the
Department of Budget and PS-DBM to submit the
Management (PS-DBM) necessary liquidation
and already accepted and documents as basis in
being used by LRTA are recording the
not recorded in the books completed projects to
as part of Property, Plant appropriate PPE
and Equipment (PPE) but accounts; and
remained recorded as
Receivable-Due from PS- b. Compute and record Fully
DBM which is not in in the books the Implemented
conformity with IPSAS 17. corresponding
depreciation for those
Moreover, non-recognition completed projects.
of PPE account also
resulted to non-recognition
of depreciation,
understating both
accounts.
AAR 2018 Personal Services (PS) a. Adopt the pertinent Fully

Observation and Maintenance and provisions and Implemented
No.7 Other Operating Expenses guidelines of IPSAS
(pp. 93-97) (MOOE) amounting to No. 17 to properly
P74.091 million and recognize CIP and
P85.626 million, PPE accounts;
respectively, incurred after
the Capacity Expansion
Project (CAPEX) and

Status of
North Extension Project b. Reclassify the Fully
(NEP) had started remaining cost of the Implemented
operation were recognized completed projects to
as part of the Construction appropriate accounts
in Progress (CIP) and later and compute the
reclassified as part of the corresponding
Property, Plant and depreciation expense
Equipment which is not in including those
conformity with Paragraph pertaining to
34 of IPSAS 17. Moreover, reclassified PPE
total PPE was depreciated accounts to recognize
which included the wear and tear of
improperly charged assets from the start
PS/MOOE, thus resulting of the operations;
to the overstatement of
PPE by P159.717 million c. Submit supporting Partially
and Equity in the amount documents to show Implemented due
of approximately P118.824 the validity of the to incomplete
million for depreciation. adjustment made in supporting
August 2015 and documents
Supporting documents to effect the necessary submitted
show the validity of the adjustments to reflect
adjustment made on CIP in the accurate balances
August 2015 to reverse the of the affected
accrual of the Right of Way accounts; and
(ROW) Expenses for Line
2 Project incurred from CY d. Make the necessary Fully
2006 to 2007 in the adjustment to reflect Implemented
amount of P365.166 the correct balances of
million was still not the affected PPE
submitted. accounts and Equity.
AAR 2018 The reported balance of a. Review the cost Fully

Observation Spare Parts Inventory in computation of all Implemented
No.8 the amount of P477.173 inventories as
(pp.97-102) million is not reliable due to reflected in the ledger
the following which is not cards and consistently
in conformity with IPSAS 1, adopt the weighted
IPSAS 12 and PAG 2: average method in
costing the issuance
a. Variance amounting to or utilization of spare
P216.939 million parts to comply with
between the subsidiary Philippine Public
ledgers in the amount Sector Accounting
of P477.173 million and Standard (IPSAS) 12
the result of physical and PAG 2;
inventory count of

Status of
P260.234 million; b. Review all the Not Implemented
Inventory Ledger Reiterated in the
b. Overstatement of the Cards and reconcile it current report
Spare Parts Inventory with the Bin Cards under Finding No.
balance of P94.362 maintained by the 7 pages 79-81
million due to the net warehouse personnel
effect of the variances to identify the cause/s
in the physical of the variance and
inventory count as prepare the necessary
against the balance per adjustments;
subsidiary ledger;
c. Determine the Partially
c. Some items with usability of non- Implemented due
negative unit balances moving spare parts. to undetermined
and cost totalling to Determine the unit unit cost of spare
P1.870 million; and cost of spare parts. If parts.
the spare parts are still
d. Existence of non- serviceable, obtain its
moving spare parts for fair market value;
as long as 13 years otherwise, consider
amounting to P361.563 the disposal of the
million which is 76 same following COA
percent of the reported Circular No. 89-296
spare parts inventory dated January 27,
balance and a total of 1989 Re: Guidelines
49,733.18 items with on the Divestment or
no recorded cost and Disposal of Assets of
for disposal included in Government-owned
the subsidiary ledger. and/or controlled
corporations and their
subsidiary; and
d. Provide/recognize the Fully

appropriate expenses Implemented
or impairment to these
spare parts in
accordance with
IPSAS No.12
paragraph 38 on
Inventories.
AAR 2018 Doubtful accuracy and Require the Accounting

Observation validity of Liability accounts Division to:
No.9 totaling P134.141 million
(pp.102-107) due to deficiencies in a. Record proceeds of Fully
classifying and recording sale of bid documents Implemented
of transactions and lack of as Trust Receipts

Status of
supporting documents: under Trust Liabilities
account in compliance
a. Proceeds from sale of with Section 6.2 of
bid documents in the DBM-BC 2005-4A;
amount of P15.594
million was recorded as b. Prepare year-end Fully
Due to Other Funds adjustments to Implemented
instead of Trust Liability recognize income from
account to conform the amount collected
with the Department of from the sale of bid
Budget and documents after
Management Budget deducting payment of
Circular (DBM-BC) honoraria and
2004-5A; overtime pay to
government personnel
b. Collection of fines, involved in
penalties and overages government
amounting to P9.706 procurement in
million were recorded accordance with
as Due to Other Funds Sections 5.0 and 6.2
instead of Business of DBM-BC 2005-4A;
Income in accordance
with COA Circular c. Prepare the necessary Fully
2015-010; adjusting entries to Implemented
recognize income of
c. Security deposit of prior years;
expired non-rail
contract of Line 1 and 2 d. Use the appropriate Fully
lessees amounting to account under the Implemented
P4.360 million were Revised Chart of
erroneously reclassified Accounts to properly
as Customers Deposit recognize transactions
Payable; and in the books of
accounts;
d. Due to Line 2 PMO
amounting to P77.993 e. Determine whether the Fully
million could not be security deposits Implemented
ascertained due to lack pertaining to Lines 1
of supporting and 2 expired lease
documents contrary to contracts are valid
IPSAS 1 Paragraph 80 deposits or whether
and PD 1445 Section the deposits can be
4.6. applied to the unpaid
rental/arrearages of
the concerned
lessees;
f. Prepare Not Implemented

Status of
reclassification entry Attachment to
to recognize to JEV submitted in
appropriate accounts CY 2015 not
the security deposits sufficient to
of lessees with expired ascertain validity
contracts; and of transaction.
For further
evaluation.
g. Determine the nature Fully

and details of the Implemented
account Due to Line 2
Funds by looking at
the documents that
can be gathered to be
able to ascertain its
accuracy and validity.
AAR 2018 The account Due to Other a. Adopt the Revised Fully
Observation Funds with year-end Chart of Accounts as Implemented
No.10 balance of P34.601 million provided in COA
(pp.107-109) included transactions Circular Nos. 2015-
pertaining to Payables and 010 and 2016-006 to
Other Income which is not properly recognize
in accordance with COA transactions to their
Circular Nos. 2015-010 appropriate accounts;
and 2016-006 that and
provides the type of
transactions to be b. Prepare the necessary Fully
recorded under Due to adjusting entries to Implemented
Other Funds and the reclassify liabilities to
Revised Chart of Other Payables and
Accounts, respectively. income to Other
Income and/or
Retained Earnings.
AAR 2018 Reimbursement of Stop the practice of

Observation expenses totaling P0.965 allowing reimbursement of
No.11 million were made by expenses and instead
(pp.109-115) LRTA officials and implement the following:
employees for the
expenses they have paid a. Comply with the Fully
for in advance for catering guidelines on Implemented
services/meals/snacks Reimbursement of
during trainings and Expenses set forth in
seminars, purchase of LRTA Office Order No.

Status of
spare parts and other 43 series of 2012;
miscellaneous expenses
for the repair of the service b. Plan and set the Fully
vehicles and other conduct of Implemented
expenses incurred for the trainings/seminars and
various activities of LRTA other activities so that
which do not conform with the estimated
the LRTA issued expenses can be
guidelines on the determined for funding
reimbursement of and the appropriate
expenses and can be mode of procurement
considered irregular be adopted; and
expenses as defined in
COA Circular No. 2012-
003. c. Identify the spare Fully
parts and other Implemented
maintenance needs of
the service vehicles
and comply with
procurement method
under RA 9184.
AAR 2018 Seminar/Training fees paid a. Require the concerned Fully

Observation amounting to P40,640.00 officials and Implemented
No.12 were in excess of the employees to return
(pp.115-119) allowable rate prescribed the excess seminar
in DBM-NBC Circular No. fees;
563 and transportation
units hired for use in the b. Stop the practice of Fully
seminars were found requiring the Oath of Implemented
excessive as there were Undertakings and
several unoccupied seats instead process claim
with equivalent amount of in accordance with the
P193,946.68. guidelines set forth
DBM NBC Circular
No. 563;
Likewise, pertinent
disbursement vouchers c. Consider the number Partially
were not supported with of participants in hiring Implemented
office orders and vehicles to be used in For further
attendance sheets to attending seminars evaluation.
ascertain its regularity. and require
Also, trainings and confirmation from
seminars amounting to participants if they will
P301,644.15 incurred by be able to attend or
the LRTA Project not in order that only
Management Offices the needed number of

Status of
(PMOs) were inaccurately vehicles will be hired
charged to Construction in to lessen the cost of
Progress. transportation
expenses;
d. Require the Fully

submission of Office Implemented
Order and Attendance
Sheets in the
processing of
Disbursement
Vouchers pertaining to
seminars; and
e. Prepare adjustment to Fully

reclassify the seminar Implemented
expenses from
Construction in
Progress account to
Training Expenses.
f. Comply with the Fully

guidelines set forth in Implemented
COA Circular No.
2012-003 and DBM-
NBC Circular No. 563
in determining the
amount of allowable
seminar and training
expenses;
AAR 2018 Several deficiencies were a. Maximize the Not Implemented

Observation noted in the audit of utilization of the GAD Reiterated in the
No.13 Gender and Development funds through the current report
(pp.119-122) (GAD): implementation of under Finding No
GAD-related programs 15 pages 102-
a. The amount of P4.047 and projects in order 104
million appropriated for to attain the objective
GAD programs, for which funds were
projects and activities provided;
in CY 2018 was not
fully utilized as only b. Review GAD Fully
P1.576 million was Accomplishment Implemented
utilized, leaving a report for 2018 to
balance of P2.470 determine the cause/s
million at year-end for the non-
defeating the intent of implementation of

Status of
the program to pursue activities;
women’s
empowerment and c. Require both GAD Partially
gender equality; FPS-TWG and Implemented
Accounting Division to For further
b. Free rides to all female closely coordinate to evaluation.
commuters in be able to recognize
celebration of National and present
Women’s Month on Transportation Fees
March 8, 2018 and Other – MOOE
amounting to P0.673 (GAD) to its correct
million were executed balances;
outside the Philippine
Commission on
Women (PCW) d. Require the GAD
approved and Focal Point System
endorsed GAD Plan and Committee to:
and Budget (GPB) and
cost of free rides is  Prioritize in the Partially
likewise not recorded agency’s Implemented
as revenue under succeeding GPB For further
Transportation Fees; recurring issues evaluation.
and and those that
have not been
c. Establishment of sex addressed in the
disaggregated data that previous years’
would align and GPB;
incorporate the GAD
related issues within  Generate and Partially
the agency in pursuit of develop sex- Implemented
gender equality and disaggregated For further
women empowerment data through evaluation.
was not fully attained. systematically
gathering of data
and inputs as the
bases for planning,
budgeting,
programming and
policy formulation;
 Integrate programs Partially

and projects for Implemented
which For further
corresponding evaluation.
issues have
already been
identified under
Philippine Plan for

Status of
Gender –
Responsiveness
Development
(PPGD) for 1995-
2025 and the
MCW to utilize the
allotted funds;
 Undertake Partially
measures to Implemented
address possible For further
issues hindering evaluation.
the performance of
their functions in
accordance with
the MCW and
other GAD-related
laws, policies and
plans; and
 Provide programs, Fully

plans and activities Implemented
that address and
prioritize the
current issues and
situations of its
employees.
2017
AAR 2017 The year-end balance of Adopt to the pertinent Partially

Observation the Construction in provisions/guidelines of Implemented
No.1 Progress (CIP) account of IPSAS No. 17; For further
(pp. 55-59) P7.552 billion included the evaluation.
costs of completed North
Extension Project (NEP)
and unidentified projects in Reclassify the remaining Partially
the total amount of P5.957 cost of the completed Implemented
billion which is not in projects to appropriate For further
accordance with accounts and compute evaluation.
Paragraphs 34 and 71 of the corresponding
the International Public depreciation expense
Sector Accounting including those pertaining
Standards (IPSAS) No. 17. to reclassified PPE
Allowance for Depreciation accounts to recognize
for the reclassified wear and tear of assets
Property, Plant and from the start of the

Status of
Equipment (PPE) accounts operations;
was only for two years and
not from the start of NEP Submit supporting Partially
operations in 2010 thereby documents to show the Implemented due
understating the validity of the adjustment to incomplete
Depreciation Expense by and correct the erroneous supporting
P788.935 million. entry in the subsidiary documents
ledger of the CIP-Line 1 submitted
Supporting documents for CAPEX Project; and
the reversal of the accrual
of Right of Way (ROW) Conduct thorough Not Implemented
Expenses for Line 2 analysis of the CIP For further
Project made in August account, particularly the evaluation.
2015 in the amount of charges of the
P365.166 million were still unidentified projects, and
not submitted despite last effect necessary
year’s audit adjustments to reflect the
recommendation. accurate balance of the
Furthermore, said reversal CIP and other affected
was erroneously posted in accounts in the books of
the subsidiary ledger of the accounts.
CIP-Line 1 Capacity
Expansion Project.
Likewise, reclassification of
CIP account to Service
Concession Assets
account for Line 1
Capacity Expansion
(CAPEX)–Phase II
amounting to P538.237
million was not supported
with Acceptance Certificate
and Certificate of Project
Completion.
AAR 2017 Inconsistent application of Adopt the weighted Fully

Observation the weighted average average method in Implemented
No.2 method for all items in the costing the issuance or
(pp. 59-65) Spare Parts Inventory utilization of spare parts to
Report is not in conformity comply with IPSAS 12
with Philippine Application then review the cost
Guidance (PAG) 2 of computation of all
IPSAS No. 12 resulting in inventory as reflected in
understatement of the ledger cards and
Inventory by P1.168 adjust as necessary;

Status of
million.
Review all the Inventory Not Implemented
The Spare Parts Inventory Ledger Cards and Reiterated in the
Report disclosed: a) non- reconcile it with the Bin current report
reconciliation of the Cards maintained by the under Finding No.
balance per books in the warehouse personnel to 7 pages 79-81
amount of P458.272 identify the cause/s of the
million with the total ledger variance and prepare the
card balance of P456.160 necessary adjustments;
million and the result of
inventory count of Review the Summary of Not Implemented
P409.881 million; b) Monthly Issuance of Reiterated in the
understatement of spare Spare Parts Inventory and current report
parts issuance by P1.506 reconcile it with the under Finding No.
million; c) congested Individual Ledger Cards 7 pages 79-81
warehouse due to and then make the
existence of non-moving, necessary adjusting
without cost and for entries;
disposal spare parts; and
d) abandoned equipment Determine the usability of Partially
and spare parts and those non-moving spare parts. Implemented due
recovered during the Determine the unit cost of to undetermined
construction of LRTA Line spare parts. If the spare unit cost of spare
2 and LRTA Line 1 NEP. parts are still serviceable, parts
obtain its fair market
value; otherwise, consider
the disposal of the same
following COA Circular
No. 89-296 dated January
27, 1989 Re: Guidelines
on the Divestment or
Disposal of Assets of
Government-owned
and/or controlled
corporations and their
subsidiary;
Provide/recognize the Not Implemented

appropriate expenses or Due to non-
impairment to these spare provision of
parts in accordance with Impairment Loss
IPSAS No.12 par. 38 on
Inventories; and
Make proper Not Implemented

documentation of the For further
abandoned spare parts evaluation.
and equipment and inform

Status of
the contractors to
immediately pick up the
said spare parts and
equipment in order to
ease the warehouse of
spaces for LRTA’s use.
AAR 2017 The collectability of the Request for authority to Not Implemented
Observation Receivable accounts is write off dormant Reiterated in the
No.4 doubtful due to the accounts following the current report
(pp. 68-72) existence of dormant/past guidelines set in COA under Finding No.
due accounts ranging from Circular No. 2016-005 6 pages 78-79
the period of five years to dated December 19,
over 32 years amounting 2016;
to P31.078 million.
Formulate policy that will Not Implemented
Moreover, the balance of ensure timely collection of For further
Due from Officers and receivables to avoid evaluation.
Employees account was overdue accounts that
understated by P0.325 may lead to dormancy
million due to unrecorded and also policy on use of
excess/personal mobile postpaid phones on
phone calls. limitations/excess usage
beyond limit;
Allowance for Impairment
(Allowance for Doubtful Collect immediately Partially
Accounts as used in excess phone calls which Implemented due
LRTA) was overstated by should be immediately to uncollected
P0.257 million contrary to paid in cash by the amounts
IPSAS No. 1. concerned officials and pertaining to
employees; retired/resigned
employees
Require the Accounting Partially

Division for and the Implemented
General Services For further
Department to closely evaluation.
coordinate immediate
collection of the
personal/excess
telephone bills from the
concerned officials and
employees. Impose
penalties for non/late
payment of
excess/personal

Status of
telephone bills; and
Recognize Allowance for Partially

Doubtful Accounts in Implemented
accordance with IPSAS For further
No. 1 and make evaluation.
necessary adjustments to
correct the balance of the
affected accounts.
AAR 2017 Included in the Other Determine and review the Not Implemented
Observation Payables and Other security deposits For further
No.5 Deferred Credits accounts pertaining to Line 1 and 2 evaluation
(pp. 72-74) are Security Deposits with expired lease
pertaining to expired lease contracts are still valid
contracts of Line 1 and deposits or whether the
Line 2 operations in the concerned lessees have
amount of P1.578 million no arrears in their rental
and P4.869 million, payments so that it can be
respectively contrary to deducted from the
Paragraphs 3.10, 3.12 and security deposits.
3.25 of IPSAS 1.
AAR 2017 The auditorial, legal and Submit the following:

Observation technical review of
No.6 Concession Agreement for a. Documents required in Partially
(pp. 74-79) the LRT 1 Cavite COA Circular No. Implemented
Extension and Operations 2009-001; For further
and Maintenance Project evaluation.
with contract amount of
P65 billion could not be
completed due to absence b. Information/ Partially
of documents required in documents/comments Implemented
COA Circular No. 2009- to clarify the issues For further
001 and non-clarification of raised in the following: evaluation.
the comments on the
issues raised in the b1. Initial auditorial
contract review by the and legal review;
Office of the Government
Counsel (OGCC) dated b2. Contract review by
May 26, 2014. the OGCC; and
b3..Special Bulletin
No. 06-2014 dated
May 16, 2014 in order
for us to complete the

Status of
review/evaluation of
the Concession
Agreement; and
c. The required additional Partially

documents to provide Implemented
complete For further
documentation of the evaluation.
project. Management
should have in their
possession the
complete
documentation of the
project to ensure
retention of information
over the life cycle of the
PPP project and
preserve the project
history.
AAR 2017 Several deficiencies were Comply and observe the Not Implemented
Observation noted in the procurement guidelines provided in the For further
No.7 and implementation of the Revised Implementing evaluation.
(pp. 79-88) contract costing P 397.888 Rules and Regulations
million for the Relocation (RIRR) of RA 9184; and
Housing Facilities and
Amenities Project for the Submit the pertinent Partially
Informal Settlers Affected documents and Implemented
by the Alignment of the clarification/explanations For further
LRT Line 1 Cavite (South) on the several evaluation.
Extension Project in deficiencies noted in the
violation of R.A. No. 9184. procurement and
implementation of the
Original Contract and the
Variation Order on the
Relocation Housing
Facilities and Amenities
for the Informal Settlers
Affected by the Alignment
of the LRT Line 1 Cavite
(South) Extension Project.
AAR 2017 Error in calculations Inform the contractor:

Observation amounting to P11.715
No.8 (pp. million on the original a. Of the miscalculations Partially
88-90) contract and P5.088 million of the Approved Implemented

Status of
on the variation order was Budget for the For further
noted in the recomputation Contract (ABC) for the evaluation.
of the ABC for the original contract and
Relocation Housing the variation order
Facilities and Amenities for which have an effect
the Informal Settlers on the contracted
Affected by the Alignment amount; and
of the LRT Line 1 Cavite
(South) Extension Project b. That they should Partially
in violation of Section 31 of agree with the Implemented due
the RIRR of RA No. 9184. overpayments and to the
that the same will be adjustments
deducted from their made on the
claims. contract amount.
AAR 2017 Several deficiencies were Submit the contracts Not Implemented
Observation noted in the Lease together with the Reiterated in the
No.9 Contracts entered by complete supporting current report
(pp. 90-99) LRTA and the various documents in accordance under Finding No.
lessees of with COA Circular No. 12 pages 90-94
spaces/premises of LRTA 2009-001;
Line 2 which include: a)
non-submission of Renew leases with Partially
documentary requirements expired contracts if Implemented
to support the lease deemed proper and get For further
contracts contrary to COA better terms of rental rate; evaluation.
Circular No. 2009-001; b)
lessees with expired Require the payment of Partially
contracts continue to security deposits and Implemented
occupy the leased spaces; stipulate the amount For further
c) deficient security clearly in the contract. If evaluation.
deposits; d) deficient rental necessary, impose
payments; e) questionable penalties for late or non-
rate of lease and posting of security
escalation; and f).lease deposits;
period beyond the
allowable five year lease Collect the correct amount Partially
period contrary COA of rental and ensure that Implemented
Circular No. 88-282A. payments are made on For further
due dates stipulated in the evaluation.
The propriety of monthly contract;
lease rate in the amount of
P5,250 on the canteen Comply with COA Circular Partially
premises at LRT Line 2 88-282A in determining Implemented
Depot; land leased with the reasonableness of For further
area of 84 sq m property terms and rental rates of evaluation.
located at LRT Line 2 lease contracts and

Status of
Santolan Station discontinue the practice of
Northwest at P22,462.50 renewing the contract on
per month; and the grant of a month-to-month basis;
ramping privilege outside
the Santolan Station at Review and if warranted, Partially
P90,000.00 monthly rental adjust the rental rates Implemented
was questionable and in specifically for those For further
violation of the contract determined to be not evaluation.
terms and conditions reasonable and
depriving LRTA of disadvantageous to the
increased revenues from Government. Collect the
its non-rail operations. cost of utilities used by
the canteen at LRTA Line
Physical conditions 2 Depot and require the
existing during ocular lessee to secure sanitary
inspection of the leased permits.
spaces/premises not
complying with the Quality Ensure that the lessees Partially
and Standard are strictly complying with Implemented
Specification set by the the contract provisions For further
Management. and the rules and evaluation.
regulations issued by
other regulatory bodies of
the Government and
impose sanctions, if
necessary; and
Require the lessees to Partially

comply with the Quality Implemented
and Standard For further
Specification set by the evaluation.
Management which is part
of the provisions of the
contract.
AAR 2017 The incurred Telephone Review the existing Partially

Observation Expenses-Mobile were guidelines on the grant of Implemented
No.11 found to be contrary to post paid plan taking into For further
(pp.101-105) COA Circular No. 2012- consideration the evaluation.
003 and not in conformity necessity, rank/position
with LRTA Guidelines in and responsibilities of
the Issuance, employee following the
Accountability, and Use of guidelines set forth in
Mobile Phones even COA Circular No. 2012-
granting cellphone plans to 003;
unauthorized personnel.

Status of
Include in the guidelines Partially
the disposition of these Implemented
mobile phones/gadgets For further
after the lock-in period evaluation.
and payment of cost
incurred in excess of the
plan rate for proper
guidance of its officers
and employees. Consider
the option of requiring the
user of the mobile phone
to pay the cost of the unit
if they do not want to
return the same;
Stop the practice of Partially

allowing the officials and Implemented
employees to choose or For further
upgrade the mobile evaluation.
phone. Avail only the
units that comes with the
plan; and
Immediately collect from Partially

the employees concerned Implemented
the unpaid cost of the For further
upgraded mobile units. evaluation.
AAR 2017 The 180 housing units built Provide information on the Not implemented
Observation and turned over by the plan of action for the said For further
No.12 Provincial Government of 180 housing units as it evaluation.
(pp.105-107) Cavite have deteriorated appears that they already
but Management has not abandoned the units.
included in their plan to Provide funds for the
rehabilitate/repair said repair/rehabilitation of the
housing units exposing the 180 housing units to
housing units to further prevent further
deterioration. deterioration and make it
usable for the families
affected by the extension
project.

Annex A
Computation of the Depreciation Expenses on Concession Assets
Remaining Audited
Should Audited Recorded Understatement Recorded Understatement
Line Service Monthly
Description Total Cost be Useful Depreciation Depreciation of Depreciation Depreciation of Depreciation
No. Concession Depreciation
Life (Mos) Annual 2019 2019 2018 2018
Life (Mos.) Jan 2018
Tracks/Track Equipment
4 217,931,540.99 356 204 380,311.90 4,563,742.86 4,563,742.86 0 2,077,696.01 2,486,046.85
Catenary Equipment
10 74,747,694.43 356 204 130,442.05 1,565,304.66 1,565,304.66 0 1,565,304.66 0
Tracks/Track Equipment
14 7,105,515.77 356 356 12,494.53 149,934.37 139,001.65 10,932.72 139,001.65 10,932.72
Catenary Equipment
20 1,894,804.20 356 356 3,331.87 39,982.49 37,067.11 2,915.39 37,067.11 2,915.39
Trackworks
24 31,212,893.66 356 356 49,975.70 599,708.41 573,914.50 25,793.91 573,914.50 25,793.91
Catenary
26 18,503,250.34 356 356 29,625.99 355,511.89 340,221.05 15,290.83 340,221.05 15,290.83
Track Equipment (Track
Maintenance & Ballast
684,088,854.72 1,272,097.82
33 Renewal) 356 356 15,265,173.78 13,319,612.41 1,945,561.38 13,319,612.41 1,945,561.38
Trackworks - DAXI EMS
35 4 (NEP) 731,604,694.97 356 356 1,665,633.72 19,987,604.67 14,034,688.88 5,952,915.79 14,034,688.88 5,952,915.79
Trackworks - DAXI EMS
36 4 - NEP ADD'L 229,355,573.44 356 356 522,170.48 6,266,045.81 4,399,827.04 1,866,218.77 4,399,827.04 1,866,218.77
Light Rail Vehicles - 3rd
51 Generation Train 4,688,458,622.77 356 116 28,999,733.29 347,996,799.50 347,996,799.50 0 347,996,799.50 0
Signalling LRA
52 977,125,104.09 356 116 6,043,855.71 72,526,268.50 72,526,268.50 0 72,526,268.50 0
Telecommunications
53 System 283,427,689.70 356 56 3,631,417.27 43,577,007.30 43,577,007.30 0 43,577,007.30 0
Trackworks
54 66,662,471.84 356 356 134,354.84 1,612,258.10 1,205,806.48 406,451.62 1,205,806.48 406,451.62
Overhead Catenary
55 System 44,324,803.01 356 356 89,334.40 1,072,012.79 801,757.47 270,255.33 801,757.47 270,255.33
Mechanical & Workshop
56 Equipment 103,580,143.39 356 56 1,327,120.59 15,925,447.06 15,925,447.06 0 15,925,447.06 0
Replacement of
57 Workshop Roof 32,843,730.07 356 56 420,810.29 5,049,723.51 5,049,723.51 0 5,049,723.51 0
Viaduct (Fund 101/102)
63 1,244,935,694.71 356 356 2,629,751.80 31,557,021.66 24,004,913.91 7,552,107.75 24,004,913.91 7,552,107.75
Trackworks - Fund
64 101/102 241,879,330.85 356 356 527,044.19 6,324,530.28 4,653,799.02 1,670,731.27 4,653,799.02 1,670,731.27
Generation Train - 106,679,854.5
3,176,784,805.57 19,649,509.47
77 CAPEX ADD'L 356 116 235,794,113.59 129,114,259.02 7 235,794,113.59 0
Signalling - CAPEX
78 ADD'L 662,076,053.89 356 116 4,095,168.70 49,142,024.35 49,142,024.35 0 49,142,024.35 0

Remaining Audited
Life (Mos) Annual 2019 2019 2018 2018
Telecommunications
79 System - CAPEX ADD'L 192,043,665.21 356 56 2,460,559.46 29,526,713.56 29,526,713.56 0 29,526,713.56 0
Trackworks - CAPEX
82 ADD'L 45,168,859.24 356 356 91,035.55 1,092,426.62 817,024.95 275,401.67 817,024.95 275,401.67
Overhead Catenary
83 System - CAPEX ADD'L 30,033,401.60 356 356 60,530.80 726,369.63 543,251.23 183,118.39 543,251.23 183,118.39
Equipment - CAPEX
70,183,369.88 899,224.42
84 ADD'L 356 56 10,790,693.10 10,790,693.10 0 10,790,693.10 0
Replacement of
Workshop Roof - CAPEX
22,254,107.60 285,130.76
85 ADD'L 356 56 3,421,569.07 3,421,569.07 0 3,421,569.07 0
Carriageway (Orig. Cost
Line1 & RA) 2,036,358,231.80 356 260 2,618,329.62 31,419,955.42 31,419,955.42 0 31,419,955.42 0
Viaduct - NEP
Line 1 1,276,144,225.88 356 356 2,905,378.92 34,864,547.03 24,480,825.92 10,383,721.11 24,480,825.92 10,383,721.11
Viaduct - NEP
Line 1 1,177,468,360.92 356 356 2,680,725.02 32,168,700.22 22,587,884.18 9,580,816.04 22,587,884.18 9,580,816.04
ViaducT - NEP ADD'L
Line 1 237,747,790.70 356 356 541,276.92 6,495,323.07 4,560,818.56 1,934,504.51 4,560,818.56 1,934,504.51
Comfort room & Shower
Room (Administration &
927,500.00 1,986.57
Line 1 Welfare Bldg.) - portion 356 356 23,838.83 17,866.58 5,972.26 17,866.58 5,972.26
Workshop (Orig. Cost &
Line 1 RA) - portion 160,148,429.07 356 300 174,761.16 2,097,133.98 2,097,133.98 0 2,097,133.98 0
Depot (Fund 101/102)
Line 1 80,083,099.67 356 356 169,164.30 2,029,971.61 1,544,166.43 485,805.17 1,544,166.43 485,805.17
Civil Engineering &
Architectural Works -
181,651,061.37 389,835.42
Line 1 CAPEX ADD'L 356 356 4,678,025.09 3,498,691.03 1,179,334.05 3,498,691.03 1,179,334.05
General - CAPEX
Line 1 ADD'L 781,580,287.11 356 356 1,677,323.99 20,127,887.84 15,053,630.40 5,074,257.44 15,053,630.40 5,074,257.44
General Requirement
(Extra Works) - CAPEX
60,149,431.84 129,084.74
Line 1 ADD'L 356 356 1,549,016.83 1,158,508.38 390,508.44 1,158,508.38 390,508.44
Civil Engineering &
Architectural Works
268,089,762.81 570,318.30
Line 1 (Capex) 356 356 6,843,819.56 5,166,729.00 1,677,090.56 5,166,729.00 1,677,090.56
General (Capex)
Line 1 1,153,495,455.56 356 356 2,453,877.97 29,446,535.67 22,230,607.99 7,215,927.68 22,230,607.99 7,215,927.68
General Requirement
Line 1 (Extra Works) Capex 88,771,553.53 356 356 188,847.35 2,266,168.20 1,710,839.52 555,328.68 1,710,839.52 555,328.68
Operations Control
Line 1 Center - CAPEX ADD'L 28,010,041.51 356 356 60,111.44 721,337.25 539,487.52 181,849.73 539,487.52 181,849.73
Operations Control
Line 1 Center (Capex) 41,338,626.52 356 356 87,941.35 1,055,296.17 796,693.91 258,602.27 796,693.91 258,602.27
Rectifier Substations
Line 1 (Orig. Cost & RA) 45,211,673.90 356 260 58,132.73 697,592.77 697,592.77 0 697,592.77 0
Station & Terminals (18)
Line 1 Orig. Cost & RA 789,676,872.06 356 260 1,015,358.85 12,184,306.15 12,184,306.15 0 12,184,306.15 0

Remaining Audited
Life (Mos) Annual 2019 2019 2018 2018
Civil, Architectural
Line 1 Stations & Terminals 71,239,807.57 356 356 114,063.74 1,368,764.86 1,309,893.24 58,871.62 1,309,893.24 58,871.62
Rehabilitation of roofing
Line 1 in all stations & terminals 10,815,797.14 356 356 24,852.03 298,224.34 207,359.11 90,865.23 207,359.11 90,865.23
Replacement of floor
tiles & Application of
anti-slip compound at 15,910,131.58 35,283.85
Line 1 Rebvenue Line1 356 356 423,406.15 305,745.62 117,660.53 305,745.62 117,660.53
Stations & Terminal -
Line 1 NEP 698,787,988.34 356 356 1,590,920.41 19,091,044.87 13,405,151.82 5,685,893.05 13,405,151.82 5,685,893.05
Stations & Terminal -
Line 1 NEP ADD'L 67,710,485.87 356 356 154,155.47 1,849,865.69 1,298,919.50 550,946.19 1,298,919.50 550,946.19
Civil Engineering &
Architectural Works
(547,096.71) (1,164.89)
(Capex) 356 356 (13,978.63) (10,543.20) (3,435.43) (10,543.20) (3,435.43)
General (Capex)
(2,353,963.75) 356 356 (5,012.09) (60,145.10) (45,363.67) (14,781.42) (45,363.67) (14,781.42)
General Requirement
(Extra Works) Capex (181,158.08) 356 356 (385.72) (4,628.69) (3,491.13) (1,137.56) (3,491.13) (1,137.56)
Overhead Catenary
System (90,454.62) 356 356 (182.31) (2,187.68) (1,636.16) (551.51) (1,636.16) (551.51)
Power Supply/Catenary
(Fund 101/102) 112,185,062.35 356 356 236,975.19 2,843,702.25 2,163,158.13 680,544.13 2,163,158.13 680,544.13
Generation Train (9,567,841.53) 356 116 (59,180.40) (710,164.80) (710,164.80) 0 (710,164.80) 0
Operations Control
Center (Capex) (84,360.65) 356 256 (233.97) (2,807.63) (2,807.63) 0 (2,807.63) 0
Signalling
(1,994,040.88) 356 56 (25,548.64) (306,583.70) (306,583.70) 0 (306,583.70) 0
Telecommunications
System (578,397.19) 356 56 (7,410.72) (88,928.68) (88,928.68) 0 (88,928.68) 0
Trackworks
(136,039.60) 356 356 (274.18) (3,290.17) (2,460.72) (829.45) (2,460.72) (829.45)
Equipment (211,378.30) 356 56 (2,708.29) (32,499.52) (32,499.52) 0 (32,499.52) 0
Replacement of
Workshop Roof (67,024.93) 356 56 (858.76) (10,305.15) (10,305.15) 0 (10,305.15) 0
Total 23,245,916,596.80 1,118,236,931.66 945,291,618.99 172,945,312.67 1,049,485,426.71 68,751,504.97

Annex B
Schedule of Adjusting Entries to Correct the Entries Made on Concession Revenue
Entry Made Should Be Entry Adjusting Entries

Description Effect on FS
Account Dr Cr. Account Dr Cr. Account Dr Cr.
CY 2016
Due From Overstated Other Service 834,830,705.36
To record Due 834,830,705.36 National 834,830,705.36 income/Accumul Income/Accumulated
the share From Gov. – BTR ated Surplus/(Deficit)
of LRTA as NG-BTr Surplus/(Deficit)
Co-grantor
on the 20% Other 834,830,705.36 Deferred 834,830,705.36 Deferred Service 834,830,705.36
TCP Service Service Concession Income
installment Income Concession
paid by Income
LRMC
directly to
the BTr
2015-2018
Accrual of None None None Service 869,615,318.08 Understated Service Concession 869,615,318.08
the Service Concession Receivable and Arrangements
Concession Arrangements Revenue/ Receivable
Receivable
Revenue 869,615,318.08 Accumulated
Accumulated
Surplus/(Deficit) Accumulated 869,615,318.08
Surplus/ Surplus/(Deficit)
(Deficit)
2019
Accrual of None None None Service 260,884,595.42 Understated Service Concession 260,884,595.42
the Service Concession Receivable and Arrangements
Concession Arrangements Revenue Receivable
Receivable
Revenue
Service 260,884,595.42 Service Concession 260,884,595.42
Concession Revenue
Revenue
2019
To None None None Deferred 834,830,705.36 Overstated Deferred Service 834,830,705.36

recognize Service deferred income Concession Income
earned Concession and Receivable
portion of Income
the
revenue Service 834,830,705.36 Service Concession 834,830,705.36
pertaining Concession Arrangements
to the 10% Arrangements Receivable
Receivable
instalment
payment

Light Rail Transit Authority (LRTA). LRT 2 Depot Marcos Highway, Santolan, Pasig city.
Tel. No.:+63 (2) 647-3479 to 91
Email: lrtamain@lrta.gov.ph, Website: www.lrta.gov.ph
Facebook: /lrta.dotc
Twitter: @OfficialLRTA
#LRTA #LRT2
LRTA Board Approvals on Agreements/Contracts
For the period January to December 2019
Annex A
Board
Date
Resolution Board Resolution
Approved
No.
Request for the DOF and BTr to Advance Payment of LRTA Loan Amortizations for the
months of February, March, April, June, August, September, October & December 2019 with
001-2019 an estimated total amount of Two Billion Six Hundred Forty-Seven Million Five 24-Jan-19
Hundred Thirty Two Thousand Nine Hundred Twenty One
(PhP2,647,532,921.00) Pesos
002-2019 LRTA Annual Procurement Plan (APP) FY 2019 24-Jan-19
Procurement of the Clearing of Municipal Waste Materials at Pulang Lupa Dumpsite
Located at Barangay Pulang Lupa Uno, Las Pinas City, Affected by the Basic Right of
Way of the LRT Line South Extension Project, with an approved Budget of Contract of
003-2019 24-Jan-19
Three Hundred Eighty Nine Million (PhP389,000,000.00) Pesos Subject to the
submission of 2019 Supplemental APP, Funding Startegy, and Bidding
Documents
Award of Contract for the Improvement of LRT Line 2 Offices in favor of N. Q. Villapando
Construction in total amount of Fifty One Million Five Hundred One Thousand One
Hundred Thirty Four and 80/100 (PhP51,501,134.80). Resolved Further to Authorize
004-2019 24-Jan-19
the LRTA Administrator to Sign and Issue the
Pertinent Notice of Award, Contract, and Notice to Proceed in Accordance with Existing
Laws, Rules and Regulations.
Award of Contract for the Replacement of Escalators at Mainline Stations (45units) in
005-2019 favor of IFE Elevators Philippines Inc., and Ma-an Construction Corp. JV in the total 24-Jan-19
Contract amount of One Hundred Eighty Eight Million (PhP188,000,000.00) Pesos.
Deed Of Sale In Favor Of LRTA For The Basic Right of Way of the LRTA Line 1 South
Extension Project covering Two Thousand Nine Hundred Two (2,902) Square Meters
From Its Registered Owners Pablo De Guia Jr., Eduardo De Guia, Edna De Guia, Felix
De Guia, Cresencia De Guia, Oscar De Guia, Gloria De Guia As Presented By
Cresencia De Guia (Special Power Of Attorney Dated 31 July 2013) And Cornelia De
Guia As Presented By Cresencia De Guia (Special Power Of Attorney Dated 29 May
2013) Covered By Transfer Certificate Of Title T-84919 Issued By The Registry Of Deeds
Of Bacoor, Cavite, in the total Consideration amount of Fifteen Million Nine Hundred Sixty
One Thousand (Php15,961,000.00) Pesos which amount has been arrived at by using the
valuation rate of Five Thousand Five Hundred (Php5,500) Pesos per
square meter. The Buyer shall directly pay the Seller
the Amount of Fifteen Million Nine Hundred Sixty One Thousand (Php15,961,000.00) Pesos,
Less the Initial Payment Received by the Seller in the amount of Two Million Four Hundred
Fifty Five Thousand and Ninety Two (Php2,455,092.00) Pesos. Accordingly, the amount of
006-2019 Thirteen Million Five Hundred Five Thousand Nine Hundred Eight (Php13,505,908.00) 24-Jan-19
Pesos and the Applicable Tax Such As Capital Gains Tax (CGT) Will Be Paid By The Buyer
to the Seller Through Manger’s Checks, and under the Following Conditions:
A. Fifty Percent (50%) Of Php13,505,908.00, Which Is Php Six Million Seven Hundred Fifty
Two Thousand Nine Hundred Fifty Four (Php6,752,954) Pesos Plus The Six Percent (6%)
Capital Gains Tax In The Amount Of Php Nine Hundred Fifty Seven Thousand Six Hundred
Sixty (Php 957,660) Pesos For A Total Amount Of Seven Million
Seven Hundred Ten Thousand Six Hundred Fourteen (Php7,710,614.00) Shall Be Paid By
The Buyer To The Seller Upon The Approval Of The Deed Of Absolute Sale.
B. The Remaining Fifty Percent (50%) Of 13,505,908.00, Which Amounts To Six Million
Seven Hundred Fifty Two Thousand Nine Hundred Fifty Four (Php6,752,954.00) Pesos
Shall Be Paid To The Seller Immediately Upon The Annotation Of The Deed Of
Absolute Sale On The Transfer Of Certificate Title No. T-84919 Issued By The Registry
Page | 1
Annex A
Board
Date
Approved
No.
Of Deeds Of Bacoor, Cavite And Which Transfer Shall Be Handled And Completed By
The Buyer Within Sixty (60) Days From The Submission By The Seller Of The
Documents Necessary For Such Transfer.
The Buyer Shall Defray All Expenses Necessary Or Incidental To The Conveyance And
Transfer Of The Subject Lots, Including The Documentary Stamp Tax, Transfer Tax,
The Registration Fees And Such Other Charges And Expenses As May Be Necessary
To Give Full Force And Effect To This Instrument. The Creditable Withholding Tax
Shall Be For The Account Of The Buyer.
The Seller Shall Pay Any Real Property Tax That Might Have Accrued On The Subject
Properties Before The Execution Of This Deed Of Absolute Sale.
Resolved Further To Authorize The Lrta Administrator To Sign, Execute And Issue The
Deed Of Sale And Other Pertinent And Necessary Documents.
Approve the Acquisition and Purchase of an additional 88 square meters lot covered
by TCT no. 010-201400379 by Paranaque City at court adjudicated amount of Thirty
Thousand (PhP30,000) Pesos per square meter from its owner CCMC Devt. Corp.,
which is necessary for the turn back facility of Dr. Santos Station of the LRT Line
007-2019 24-Jan-19
South Extension Project and in order to make possible the early 2021 partial
operations (Redemptorist - Aseana - Dr. Santos) of the Project.
Resolved further to authorize the LRTA Administrator to Sign, Execute and deliver the
Deed of Sale and other pertinent and necessary documents.
Approve the Acquisition and Purchase an additional 250 square meters lot covered
by TCT No. 005-2014003840 issued by registry of Deeds Las Pinas City necessary for
turn back facility of Dr. Santos Station of Line 1 South Ext. Project and in order to
make possible the early 2021 partial operations (Redemptorist - Aseana - Dr. Santos)
of the Project. Resolved further to
authorize the Project Manager Ms. Eleanor C. Palaypayon to negotiate with the
owners of subject additional lot namely, Renan R. Santos, Joseph R. Santos,
008-2019 24-Jan-19
Aloysius R. Santos, Fine Properties Inc., and C. Rodriguez for the purchase in
amount not exceeding Twenty Thousand (PhP20,000.00) Pesos per Square Meter.
Resolved furthermore to authorize the said Project Manager to negotiate with the
Property Owner concerned the purchase of original Seven Hundred Twenty Four (724)
Square Meters of the same Property which is currently under expropriation proceeding
in an amount not exceeding Twenty Thousand (PhP20,000.00) Pesos per Square
Meter.
Approve the LRTA Policy Naming of New Stations, and Branding and Renaming of
009-2019 24-Jan-19
Existing Stations
Approve the LRTA Supplemental Budget in the amount of One Hundred Eighty Three
Million (PhP183,000,000.00) Pesos from the proceeds of the Naming Rights Granted
to SM Prime Holdings Inc., for the Common Station/Unified Grand Central Station
(North Extension Project), thereby bringing the LRTA CY 2019 level of expenditure
from Twenty Billion Four Hundred Sixty Eight Million (PhP20,468,000,000.00) Pesos to
010-2019 24-Jan-19
Twenty Billion Six Hundred Fifty One Million (PhP20,651,000,000.00) Pesos.
Resolved further to authorize management to issue pertinent Certificate of
Availability of Funds (CAF) in the amount of One Hundred Eighty Three Million
(PhP183,000,000.00) Pesos for the Project subject to the provisions of pertinent
Memorandum of Agreements dated 28 September 2009 and 18 January 2017.
Approve the Engagement for Individual Consultant to Undertake Feasibility Studies
on the Creation, Establishment & Operations of the following LRTA Subsidiary
011-2019 24-Jan-19
Corporations: 1. PRTC, 2. Consultancy Operations and Engineering; and,
Manning Services Group, and 3. Spare Parts Localization Group
Pursuant to LRTA Board Resolution No. 003-2019 dated 24 January 2019, to
Approve The Supplemental 2019 Annual Procurement Plan covering the
012-2019 27-Feb-19
Procurement for Clearing of all municipal waste at the Pulang Lupa Dumpsite
located at Barangay Pulang Lupa Uno, Las Pinas City, whereas with an Approved
Page | 2
Annex A
Board
Date
Approved
No.
Budget Of Contract (ABC) of Three Hundred Eighty Nine Million (Php389,000,000.00)
Pesos to be sourced from LRTA Line 1 South Extension Project GAA CY 2011, and
DOTR GAA CY 2019 through Line Item Payment of ROW amounting to One Hundred
Eighteen Million (Php118,000,000.00) Pesos And Three Hundred Million
(Php300,000,000.00) Pesos respectively.
To Suspend The Issuance Of Certificate Of Availability Of Funds covering the Two
Hundred Million (Php200,000,000.00) Pesos Fund from SM Prime Holdings Inc.,
013-2019 for the LRT1-MRT3-MRT7 Common Station/ Unified Grand Central Station pending 27-Feb-19
receipt of Formal Confirmation from SM Prime Holdings Inc., as required by DOF in
its letter of 31 January 2019.
To Confirm the Delegation of Authority to the Deputy Administrator for
Administrative, Finance, and Automatic Fare Collection System (AFCS) to Rule
with Finality on the Appeal for New Trial Filed by Mr. Alvin N. Casaul Relative To
LRTA Administrative Case No. 02-02-2017 Against Mr. Dominic F. Kabigting.
014-2019 27-Feb-19
Resolved Further to Confirm the Ruling of the Deputy Administrator for Administrative,
Finance, and Automatic Fare Collection System (AFCS) dated 11 June 2018 on the
Subject Appeal for New Trial, Specifically Denying the Appeal having been Filed Out of
Time.
To Approve the Procurement of the Improvement/Extension of the Philippine
Railway Training Center (PRTC) Training Room/Office with an Approved Budget For
015-2019 The Contract (ABC) in the amount of Three Million (Php3,000,000.00) Pesos subject 27-Feb-19
to submission of Supplemental 2019 Annual Procurement Plan (App) and
Funding Strategy.
To Approve the result of the Shortlisting af Consultants for the LRTA Line 2 West
Extension Project as recommended by the PS DBM Bids and Awards Committee
(BAC) in its BAC Resolution No. Bacx-2019-02-003 dated 14 February 2019 as
follows:
The Members of the DBM-PS Bids And Awards Committee X hereby resolve, as it is
hereby resolved, To Recommend to the Hope for his Consideration and Approval the
New Short List of Consultants as follows:
016-2019 1. J. F. Cancio and Associates, TCGI Engineers, Key Engineers Co., Soosung 27-Feb-19
Engineering and Consulting and Korea Rail Network Authority;
2. Egis International, Egis Rail, Dong-Il Engineering Consultants, Filipinas Dravo
Corporation and Pertconsult International Joint Venture;
3. Foresight Development and Surveying Company, Philkoei International, Ke Asia,
Inc. And Tpf Getinsa Eurostudios S. L. Joint Venture; And,
4. Systra Philippines, Inc. And Angel Lazaro And Associates International Joint
Venture.
To approve the CY 2019 Supplemental Annual Procurement Plan (APP) for the
017-2019 27-Feb-19
Contract for Security Services for the LRT Line 1 CAVEX
Page | 3
Annex A
Board
Date
Approved
No.
To approve the Deed of Sale in favor of LRTA for the Basic Right of Way of the
LRTA Line 1 South Extension Project covering Nine Hundred Ten Square Meters
and Thirty Square Decimeters from its registered owners Pobre and Aguinaldo
Development Corporation covered by Transfer Certificate of Title No. T-891701
issued by the Registry of Deeds for Bacoor City in the total consideration amount of
Thirteen Million Six Hundred Fifty Four Thousand Five Hundred (Php13,654,500.00)
Pesos which amount has been arrived at by using the valuation rate of Fifteen
Thousand (15,000.00) per square meter.
The buyer shall directly pay the seller the amount of Thirteen Million Six Hundred Fifty
Four Thousand Five Hundred (Php13,654,500.00) Pesos, less the initial payment
received by the seller in the amount of Eight Million Four Hundred Eighteen Thousand
Three Hundred Twenty Five (Php8,418,325.00) Pesos. Accordingly, the amount of Five
Million Two Hundred Thirty Six Thousand One Hundred Seventy Five
(Php5,236,175.00) Pesos will be paid by the buyer to the seller through Manager’s
Checks, and under the following conditions:
A. Fifty Percent (50%) Of Php5,236,175.00, which is Two Million Six Hundred Eighteen
Thousand Eighty Seven 50/100 (Php2,618,087.50) Pesos upon approval and execution
of this Deed;
B. The Remaining Fifty Percent (50%) of Php5,236,175.00, which amounts Two Million
Six Hundred Eighteen Thousand Eighty Seven 50/100 (Php2,618,087.50) Pesos, shall
018-2019 27-Feb-19
be paid to the seller immediately upon the annotation of this Deed of Absolute Sale on
the Transfer of Certificate Title No. 891701 Issued by the Registry of Deeds for Bacoor
City, and which annotation shall be handled and completed by the Buyer within a
reasonable period after the submission by the Seller of the documents necessary for
such Annotation.
The Buyer Shall defray all taxes expenses necessary or incidental to the conveyance
and transfer of the subject lots, including the Documentary Stamp Tax, Transfer Tax,
EWT, Registration Fees, and such other charges and expenses as may be necessary
to give full force and effect to this Instrument.
The twelve percent (12%) VAT, if applicable, shall be shouldered by, and shall for the
account of the Buyer, unless the Buyer can obtain, before the VAT is due, a Bureau Of
Internal Revenue Ruling Exempting from VAT the Negotiated Sale Contemplated
herein.
The Seller shall pay any Real Property Taxes that might have accrued on the subject
Properties, and shall present proof of such payment before the execution of this Deed
Of Absolute Sale.
Resolved further to authorize the LRTA Administrator to sign, execute and issue the
Resolved finally to authorize the LRTA Legal Manager to Present the Deed of Sale
before the court in which the pertinent expropriation proceeding is pending.
To Approve the LRTA Corporate Plan for FY 2020 plus two outyears and
019-2019 27-Feb-19
Performance Scorecards for FY 2020
020-2019 To Approve the Policy on Document Submission for the Board Agenda Folder 27-Feb-19
To Approve CY 2019 Revised Corporate Operating Budget
021-2019 Further to Ensure that all Approved CY 2019 Supplemental APP are included and 27-Feb-19
Incorporated in the Revised COB
Page | 4
Annex A
Board
Date
Approved
No.
To approve the CY 2019 Supplemental Annual Procurement Plan (APP) Covering the
Procurement of Consulting Services and the pertinent Funding Strategy for the
Acquisition of Fourteen (14) Brand New Trainsets for the LRT Line 2 System with
Approved Budget for the Contract (ABC) in the total amount of Three Hundred Twenty
One Million (Php321,000,000.00) Pesos, and subject to the following conditions:
1. The Management to request confirmation from NEDA that the Procurement of
022-2019 Fourteen (14) Brand New Trainsets and Consulting Services therefrom for the LRT Line 22-Mar-19
System does not require prior NEDA approval citing the LTO-Vehicle Plate Number
Project considering that the subject project is not a BOT project, that it is within the
mandate of LRTA, and that funding source is from DBM Direct Budgetary Support to
LRTA; and,
2. The Management to fully comply with the formalities of the DBM required Certificate
of Budget Inclusion (CBI) for the subject procurement.
To Approve the Award of Contract for the Replacement of Obsolete
Communication Link and Upgrading of Interlocking Module of LRT Line 2
Signaling System in favor of the Joint Venture of Kempal Construction and Supply
Corporation, and Telefonicka Inc., in the total contract amount of Two Hundred
023-2019 Sixteen Million One Hundred Forty Nine Thousand Nine Hundred Ninety Nine and 22-Mar-19
95/100 (Php216,149,999.95) Pesos.
Resolved further to authorize the LRTA Administrator to Sign and Issue the pertinent
Notice of Award, Contract, and Notice to Proceed in accordance with existing laws,
rules and regulations.
To Approve the LRTA CY 2020 Budget Estimates in the amount of Thirty Seven
Billion Two Hundred Twenty Two Million (Php37,222,000,000.00) Pesos to be
submitted to the Department of Budget and Management (DBM) for further
consideration and approval by the latter.
Resolved further to certify, pursuant to DOF Circular Letter No. 2-99 dated 7
September 1999, and based on official records kept, maintained and presented by
LRTA responsible officials, that existing loans secured and advanced by the National
Government to fund and support Big Ticket Undertakings/Projects for LRTA totaling to
024-2019 22-Mar-19
Twenty Eight Billion Six Hundred Ninety Million One Hundred Thirty Two Thousand
Eighty Six and 29/100 (Php28,690,132,086.29) Pesos as of 31 December 2018 net of
Fourteen Billion One Hundred Seventy Five Million Five Hundred Eighteen Thousand
Three Hundred Forty Four and 63/100 (Php14,175,518,344.63) Pesos CY 2019
Proposal as of 31 December 2018 which are being requested for conversion into
National Government Subsidy to LRTA, by the Nature of the Undertakings/Projects for
which they were put to use, are not purely recoverable and/or necessarily required
National Government Support.
To Approve the Renewal of the Existing Php5.50 Billion Omnibus Credit Line
Facility with the Landbank of the Philippines (LBP) from 1 May 2019 up to the
approved availability end date of 31 October 2021 under the same Terms and
Conditions of the existing Agreement with options to negotiate for better terms;
Resolved further to authorize the LRTA Administrator or his duly Designated
Representative to Negotiate, Execute, Sign, and Deliver Instruments and other
025-2019 22-Mar-19
documents in connection with and relative to the Implementation/Execution of the
subject Credit Line Facility; and,
Resolved finally to secure Endorsement Letters from the Department of Finance
(DOF) and the Department of Transportation (DOTr), and Favorable Monetary
Board Opinion from the Banko Sentral ng Pilipinas (BSP) relative to the subject Credit
Line Facility.
To approve the addendum to the Memorandum of Agreement between Light Rail
Transit Authority (LRTA) and Manila Electric Company (MERALCO) for the
026-2019 22-Mar-19
updated relocation works, and indicative costs for the MERALCO Utilities affected by
the alignment of the LRT 1 Cavite Extension Project in the total amount of One
Page | 5
Annex A
Board
Date
Approved
No.
Hundred Seventy Nine Million Four Hundred Twenty Thousand Three And 66/100
(Php179,420,003.66) Pesos.
Resolved further to authorize the LRTA Administrator to Sign, Execute and Issue the
Addendum to the Memorandum of Agreement and such other pertinent documents.
To Approve subject to the Conformity of the Concessionaire (LRMC), the Deed of
Easement of Right of Way (ROW) in favor of LRTA from R1-Consortium involving a
consolidated area totaling 748 Square Meters covered by Transfer Certificate of Title
Nos. 155574 and 180898 issued by the Registry of Deeds of Paranaque City for the
027-2019 22-Mar-19
use of the Right of Way of the Aseana/Redemptorist Station of the LRT Line 1 Cavite
Extension Project.
Resolved further to Authorize the LRTA Administrator to sign and execute the subject
Deed of Easement.
To Approve the Supplemental 2019 APP for Procurement of Contract for the
Demolition, and Restoration of Sto. Nino National High School Canteen and Fence,
Portion of 7-Eleven, and Caltex Gasoline Station Canopy located at Brgy. Tambo,
Paranaque City affected by the alignment of LRT Line 1 South Extension Project
028-2019 22-Mar-19
(CAVEX) with an Approved Budget of Contract of One Million Six Hundred Eighty
Thousand Nine Hundred Sixty Seven and 12/100 (PhP1,680,967.12) Pesos to be
sourced from DOTr CY 2019 GAA-ROW line item Resolved further to Authorize the
conduct of Procurement process short of Award pending the approval of CY 2019 GAA.
Resolved as it is hereby resolved to Approve the following:
1. Application for authorization from GCG to Grant the 2018 Performance Based
Bonus (PBB) for qualified officers and employees based on their percentile ranking
within their respective levels, and the applicable fixed rate.
2. Allocation of an amount not exceeding Thirteen Million One Hundred Ninety Two
Thousand Nine Hundred Eighty Eight and 24/100 (Php13,192,988.24) Pesos
chargeable against Corporate Funds, for the grant of the CY 2018 PBB to qualified
029-2019 officers and employees; provided, the grant of the CY 2018 PBB is subject to the 22-Mar-19
approval and/or adjustment by the GCG.
3. Authorization of the Chairperson of the Governance Board, the Chief Executive
Officer, Heads of Finance and Planning or their equivalent in authority and area of
responsibility, Chairperson of the Bids and Awards Committee and other Officers
concerned, to Certify and Attest under Oath to the Veracity of all information disclosed
in the submitted documents required in GCG Mc No. 2017-01 and such other
documents that may be required by GCG.
To approve the Deed of Absolute Sale in favor of LRTA for the Identified
Intermediate Right of Way for the MIA Station of the LRT Line 1 Cavite Extension
Project covering Six Hundred Thirty Nine (639 Sq.M) Square Meters from its registered
owner, Manila Bay Development Corp. covered by Transfer Certificate of Title
No.010-2018004636 issued by the Registry of Deeds Paranaque City in the total
consideration amount of One Hundred Forty Million Five Hundred Eighty Thousand
(Php140,580,000.00) Pesos which has been arrived at by using the valuation rate of
Two Hundred Twenty Thousand (Php220,000.00/Sq.M) Pesos Per Square Meter,
under the following terms and conditions, among others:
The Seller shall absolutely sell, transfer and convey unto the Buyer the property of the
030-2019 22-Apr-19
seller, with an aggregate area of Six Hundred Thirty Nine (639 Sq.M.) Square Meters,
being a portion of the part of a bigger parcel land covered by Transfer Certificate of
Title No. 010-2018004636 issued by the Registry of Deeds for Paranaque City, and
indicated in the parcellary survey plan as Lot 1-C-4:
A. Fifty Percent (50%) of One Hundred Forty Million Five Hundred Eighty Thousand
(Php140,580,000.00) Pesos which is Seventy Million Two Hundred Ninety Thousand
(Php70,290,000.00) Pesos Plus The Twelve Percent (12%) Value Added Tax in the
amount of Sixteen Million Eight Hundred Sixty Nine Thousand Six Hundred
(Php16,869,600.00) Pesos for a total amount of Eighty Seven Million One Hundred
Fifty Nine Thousand Six Hundred (Php87,159,600.00) Pesos shall be paid by the Buyer
Page | 6
Annex A
Board
Date
Approved
No.
to the Seller upon the signing of the Deed of Absolute Sale;
B. The Remaining Fifty Percent (50%) Of One Hundred Forty Million Five Hundred
Eighty Thousand (Php140,580,000.00) Pesos Which Amounts To Seventy Million Two
Hundred Ninety Thousand (Php70,290,000.00) Pesos Shall Be Paid To The Seller
Immediately Upon The Annotation Of The Deed Of Absolute Sale On The Transfer
Certificate Of Title No. 010-2018004636 Issued By The Registry Of Deeds Of
Paranaque City, And Which Transfer Shall Be Handled And Completed By The Buyer
Within Sixty (60) Days From The Submission By The Seller Of The Documents
Necessary For Such Transfer.
The Buyer shall defray all expenses necessary or incidental to the conveyance and
transfer of the Subject Lots, including the Documentary Stamp Tax, Transfer Tax, the
Registration Fees, and such other charges and expenses as may be necessary to give
full force and effect to this Instrument. The aforementioned items of expenses may be
advanced by the Seller to expedite the transfer of the property to the Buyer, subject to
reimbursement by the Buyer. The Creditable Withholding Tax shall be for the account
of the Buyer;
The Twelve Percent (12%) Value Added Tax (Vat) payment shall be shouldered by,
and for the account of the Buyer, unless the Buyer can obtain, before the VAT is due, a
Bureau Of Internal Revenue Ruling Exempting from VAT the Negotiated Sale
Contemplated herein; and,
The Seller shall pay any Real Property Tax that accrued on the subject properties
before the execution of this Deed of Absolute Sale.
Resolved further to authorize the LRTA Administrator to Sign, Execute and Deliver the
Deed of Sale and other Pertinent and Necessary Documents.
To approve in relation to LRTA Board Resolution No. 007-2019, the acquisition and
purchase of an additional Twenty Three (23 Sq.M.) Square Meters orphaned lot
covered by Transfer Certificate of Title No. 010-2014003279 issued by the Registry of
Deeds of Paranaque City at Court Adjucated amount of Thirty Thousand
(Php30,000.00) per Square Meter from its owner CCMC Development Corp., which is
031-2019 22-Apr-19
necessary for the turn back facility of Dr. Santos Station of the LRT Line 1 South
Extension Project and in order to make possible the early 2021 partial operations
(Redemptorist – Aseana – Dr. Santos) of the project.
Resolved further to authorize the LRTA Administrator to Sign, Execute and Deliver the
To approve the Memorandum of Agreement between LRTA and PLDT Inc. for the
Relocation of Utilities affected by the construction of LRT Line 1 Cavite Extension
Project located at Pasay City, Paranaque City, Las Pinas City and Bacoor City as
shown in the indicative cost matrix below:
032-2019 22-Apr-19
Memorandum of Agreement and such other pertinent documents
Page | 7
Annex A
Board
Date
Approved
No.
To approve the Award of Contract for the Supply of Various Spare Parts for VVVF
Equipmment (Di3 Card/Board For TMS Secondary Unit, VVVF Relay Unit, VVVF
I/F Unit And VVVF Inverter Unit) for maintenance and stock sustainance of VVVF
Inverter Unit in favor of Kempal Construction and Supply Corporation in the total
033-2019 22-Apr-19
amount of Fifty Five Million One Hundred Forty Thousand (Php55,140,000.00) Pesos.
Resolved further to authorize the LRTA Administrator to Sign and Issue the Pertinent
Notice of Award, Contract, and Notice to Proceed in accordance with existing Laws,
Rules and Regulations.
To approve the Award of Contract for the Supply of Signaling Spare Parts
(Interlocking, Jointless Track Circuits, Rolling Stock and Miscellaneous Wayside)
in favor of Kempal Construction and Supply Corporation in the total amount of
Seventy Four Million Seven Hundred Fifty Three Thousand and 8/100
034-2019 22-Apr-19
(Php74,753,000.08) Pesos.
Resolved Further to Authorize the LRTA Administrator to Sign and Issue the pertinent
Notice of Award, Contract, and Notice to Proceed in accordance with Existing Laws,
Rules and Regulations.
To Certify, pursuant to DOF Circular No. 2-99 dated 07 September 1999, and based
on Official Records kept, maintained and presented by LRTA Responsible Officials,
that existing loans secured and advanced by the National Government to fund
and support Big Ticket Undertakings/Projects for LRTA Totaling to Twenty Eight
035 Billion Six Hundred Ninety Million One Hundred Thirty Two Thousand Eighty Six 22-Apr-19
and 29/100 (Php28,690,132,086.29) as of December 31, 2018 which are being
requested for conversion into National Government Subsidy to LRTA, by the nature of
the undertakings/projects for which they were put to use are not purely recoverable
and/or necessarily required National Government Support.
To Approve Policy on Document Submission for the Briefing Paper on Major
036-2019 24-Jun-19
Development Projects and Major Contracts
To approve the Supplemental 2019 Annual Procurement Plan (APP) for the
Demolition, and Restoration of Sto. Nino National High School Canteen and
Fence, Portion of 7-Eleven Convenience Store, and Caltex Gasoline Station
037-2019 Canopy Located at Barangay Tambo, Paranaque City affected by the Alignment of 24-Jun-19
the LRT Line 1 South Extension Project with an Approved Budget of Contract of One
Million Six Hundred Eighty Thousand Nine Hundred Sixty Seven and 12/100
(Php1,680,967.12) Pesos to be sourced from DOTr CY 2019 GAA-ROW Line Item.
To Approve, subject to the legalities relative to and in connection with the Payment of
Compensation/Consideration of subject lots, the Memorandum of Agreement
between DOTr and LRTA for the Grant, Release and Transfer of Additional Funds
to the LRT Line 1 Cavite Extension Project in the total amount of Eight Billion Four
038-2019 Hundred Forty Million Four Hundred Twenty Eight Thousand Fifty Six and 47/100 24-Jun-19
(Php8,440,428,056.47) Pesos For the acquisition of ROW/IIROW Lots required by the
Project.
Resolved further to Authorize the LRTA Administrator to Sign, Execute and Issue the
Memorandum of Agreement and such other pertinent documents.
To approve the Memorandum of Agreement between LRTA and Maynilad for the
relocation of facilities on Baclaran, Paranaque City to Dr. A. Santos, Paranaque
City, from Dr. Santos, Paranaque City to Zapote, Las Pinas City, and From
Zapote, Las Pinas City to Niog, Bacoor City affected by the LRTA Line 1 Cavite
039-2019 24-Jun-19
Extension Project in the total amount of Twenty Five Million Five Hundred Sixty Eight
Three Hundred Twenty Six and 70/100 (Php25,568,326.70) Pesos.
Page | 8
Annex A
Board
Date
Approved
No.
To Approve subject to favorable and proper Legal Opinion from the LRTA Legal
Department, the declaration as Highest Rated Responsive Bid, the bid of, and
Recommending Award of Contract to, JF Cancio and Associates (JFCA), TCGI
Engineers, Key Engineers, Co., Soosung Engineering and Consulting, And,
Korea Rail Network Authority (Krna) Joint Venture, for the LRT Line 2 West
040-2019 Consulting Services in the total contract amount of Three Hundred Fifty Five Million 24-Jun-19
Five Hundred Seventy One Thousand Four Hundred Forty Four and 11/100
(Php355,571,444.11) Pesos.
Resolved further to authorize the LRTA Administrator to Sign and Issue the Pertinent
To Approve, subject to submission by the Bids and Awards Committee (BAC) of
clarification on the Period of Contract and Contract Amount per year, the Award
of Contract for the LRTA Security Services in favor of Variance Security Agency
Corporation for the LRTA Line 1 Depot (Administration Building), LRTA Line 2
041-2019 24-Jun-19
Depot, and LRTA Line 2 Revenue Line.
To approve the Award of Contract for the Clearing with Environmental and Social
Safeguards Component of all Municipal Waste Materials at the Closed Dumpsite
in Pulang Lupa, Las Pinas traversed by the Right Of Way (ROW) of LRT Line 1
Cavite Extension Project to Metrowaste Solid Waste Management Corporation in
042-2019 the total contract amount of Three Hundred Eighty Seven Million Eight Hundred Eighty 24-Jun-19
Eight Thousand (Php387,888,000.00) Pesos.
To Approve, subject to the isssuance of DOTr Dept. Order, the Adoption and
Implementation of Student Free Ride Program in the LRT Line 2 System.
043-2019 24-Jun-19
Submission of Evaluation of the Program Using Data Analytics shall be made after
the initial period of Implementation
Page | 9
Annex A
Board
Date
Approved
No.
To approve the Medical, Hospital Bills, Professional Fees, Food, Transportation

Allowance, and Financial Assistance Expenses of Following Passengers Due to the 18
May 2019 Train Collision Incident and Other Incidents in the LRT2 System
044-2019 24-Jun-19
Resolved further to authorize the payment of Duly Documented Additional Medical and
Other Expenses of Said Passengers that are deemed proper and justified under the
circumstances.
24-Jun-19
Resolved further to authorize the LRTA Administrator or his duly authorized
representative to make proper disbursements pursuant to this authorization and
approval.
To Authorize and Empower the LRTA Administrator to Execute, Sign, and Issue
045-2019 pertinent Authority to Enter/Grant of Access and Possession of LRTA Project 24-Jun-19
Sites/Assets/Premises to Bona Fide Contractors of said Projects
Page | 10
Annex A
Board
Date
Approved
No.
To approve the Memorandum of Agreement (MOA) between LRTA and Globe
Telecom for the Relocation of Utilities from Baclaran, Pasay City to Dr. A. Santos,
Paranaque City (Package 1); from Dr. A. Santos, Paranaque City to Zapote, Las
Pinas City (Package 2); and, From Zapote, Las Pinas City to Niyog, Bacoor City
(Package 3), affected by the LRT Line 1 Cavite Extension Project in the Total
Amount of Twenty Four Million Five Hundred Fifty Five Thousand Eight Hundred
046-2019 19-Jul-19
Sixteen and 27/100 (Php24,555,816.27) Pesos for Package 1 only.
Resolved finally that the Project Management Office concerned submit to the Board
Supplemental MOA to cover Costs and provide the affected utilities and Relocation
Plan for Packages 2 And 3.
To approve the Memorandum of Agreement (MOA) between LRTA and Eastern

Telecommunications Philippines Inc., for the relocation of utilities from Baclaran,
Pasay City to Dr. A. Santos, Paranaque City (Package 1); from Dr. A. Santos,
Paranaque City to Zapote, Las Pinas City (Package 2); and, from Zapote, Las
Pinas City to Niyog, Bacoor City (Package 3), affected by the LRT Line 1 Cavite
Extension Project in the total amount of Eight Million Nine Thousand Seven Hundred
047-2019 19-Jul-19
Eighty Five and 79/100 (Php8,009,785.79) Pesos for Package 1 only.
Supplemental MOA to cover costs and provide the affected utilities and Relocation Plan
for Packages 2 and 3.
To approve the Memorandum of Agreement (MOA) between LRTA and Skycable
Corporation for the Relocation of Utilities from Baclaran, Pasay City to Dr. A.
Santos, Paranaque City (Package 1); from Dr. A. Santos, Paranaque City to
Zapote, Las Pinas City (Package 2); and, from Zapote, Las Pinas City to Niyog,
Bacoor City (Package 3), affected by the LRT Line 1 Cavite Extension Project in the
total amount of Five Million Three Hundred Sixty Nine Thousand Fifty Four and 98/100
048-2019 19-Jul-19
(Php5,369,054.98) Pesos for Package 1 Only.
For Packages 2 and 3.
To approve the Memorandum of Agreement (MOA) between LRTA and Cable Link
And Holdings Corporation for the relocation of utilities from Baclaran, Pasay City
to Dr. A. Santos, Paranaque City (Package 1); from Dr. A. Santos, Paranaque City
to Zapote, Las Pinas City (Package 2); and, from Zapote, Las Pinas City to Niyog,
Bacoor City (Package 3), affected by the LRT Line 1 Cavite Extension Project in the
total amount of Seven Million Seven Hundred Seventy One Thousand Four Hundred
049-2019 19-Jul-19
and 77/100 (php7,771,400.77) Pesos for Package 1 only.
for Packages 2 and 3.
Page | 11
Annex A
Board
Date
Approved
No.
To approve the Memorandum of Agreement (MOA) between LRTA and Radius
Telecoms Inc., for the relocation of utilities from Baclaran, Pasay City to Dr. A.
Santos, Paranaque City (Package 1); and, from Zapote, Las Pinas City to Niyog,
Bacoor City (Package 2), affected by the LRT Line 1 Cavite Extension Project in
the total amount of Four Million Eight Hundred Twelve Thousand One Hundred Thirty
050-2019 Eight and 24/100 (php4,812,138.24) Pesos for Package 1 only. 19-Jul-19
supplemental MOA to cover costs and provide the affected utilities and Relocation Plan
for Package 2.
To approve the Supplemental Memorandum of Agreement between DOTr and

LRTA for the release and transfer of funds for the planning, procurement and
implementation of the LRT2 West Extension Project in the total amount of Six
051-2019 19-Jul-19
Hundred Eight Million (Php608,000,000.00) Pesos.
053-2019 To Approve the LRTA Revised CY 2019 Annual Procurement Plan (APP) 18-Sep-19
To approve the Memorandum of Agreement between DOTr and LRTA for the Grant,
Release and Transfer of funds to LRTA for the LRT Line 2 East Extension Project in
the total amount of Twenty Million (Php20,000,000.00) Pesos to cover the various
054-2019 Engineering and Administrative Expenses in relation to the implementation of the 16-Aug-19
subject project.
To Authorize LRTA Administrator to Negotiate with the GCG for and on behalf of
the LRTA Board of Directors on the following matters: LRTA Performance
Board
Commitments for FY 2020 and Renegotiation of the CY 2019 Committed
Committee 16-Aug-19
Performance on some Performance Measures subject to however, to the
Resolution
presentation of the final performance commitments for FY 2020 and for CY 2019 to and
by approval by the Board.
Property Appraisal Services with Appearance Fee to Facilitate Acquisition of the
055-2019 Dumpsite and Access Road Located in Las Pinas City affected by the alignment 18-Sep-19
of LRT Line 1 South Extension Project in the total amount of Four Hundred Ninety
Thousand (PhP490,000.00) Pesos.
Procurement of Survey Equipment which is Necessary to Verify the Parcellary Lots
056-2019 to be Acquired Affected by the alignment of LRT Line 1 South Extension Project, and 18-Sep-19
identification of affected Informal Settler Families to be relocated, in the total amount
of Four Hundred Sixty Five Thousand (PhP465,000.00) Pesos.
To approve the Revised Budget for Demolition, Design and Reconstruction of the
Sto. Nino High School Canteen and Fence, Portion of 7-Eleven Convinience
Store, and Caltex Gas Station Canopy located at Brgy. Tambo, Paranaque City
057-2019 18-Sep-19
affected by the alignment of the LRT Line 1 South Extension Project in the total
amount of Two Million Two Hundred Nine Thousand Eight Hundred Thirty Five and
69/100 (PhP2,209,835.69) Pesos.
Page | 12
Annex A
Board
Date
Approved
No.
To approve the Quadripartite Memorandum of Agreement between the National
Housing Authority (NHA), the Department Of Public Works and Highways
(DPWH), the Parañaque City Local Government Unit, and the LRTA on the
Relocation of Informal Settler Families along Ilog Palanyag/Iwahig at Barangay
058-2019 18-Sep-19
San Dionisio, Parañque City, affected by the Alignment of the LRT Line 1 South
Extension Project.
Resolved further to authorize the LRTA Administrator to sign and issue the
To approve the 2019 Supplemental APP for Restoration of Trainset Nos. 18 and 13
which were involved on the Collision Incident last 18 May 2019, wherein MC1 of
Trainset No. 12 will be interchanged with MC1 of Trainset No. 13, and MC2 of Trainset
No. 12 will be interchanged with MC2 of Trainset No. 18, in the total amount of Thirteen
Million Seven Hundred Seventeen Thousand Three Hundred Three and 52/100
(PhP13,717,303.52) Pesos, subject to the following conditions:
1. The procurement shall be through Alternative Mode of Procurement – Negotiated
Procurement with the existing LRT Line 2 Maintenance Provider under Section 53.2 of
the 2016 IRR of R.A. No 9184 specifically on Emergency Case where there is need for
Immediate Action which is necessary to restore Vital Public Service or Public Utility;
059-2019 18-Sep-19
2. Submission by Management of the following:
a. Elaboration on the Source of Funding from Project that is being deferred or shall no
longer be pursued;
b. Revised Legal Opinion reflecting the Proper Mode of Procurement and source of
funding;
c. Revised Project List based on the subject 2019 Supplemental APP;
d. Elaboration on the number of passengers affected by the non-deployment of the
damaged trains, and the effects of said non-deployment to the riding public in general.
3. No Award of Contract shall be made unless and after Condition No. 2 has been fully
complied with, among other pertinent legal and proper requirements.
060-2019 To approve the CY 2020 Indicative Annual Procurement Plan (APP) 18-Sep-19
To Amend and/or Update LRTA Board of Directors’ Board Resolution No. 059-
2019 dated 18 September 2019 to read as follows:
To Approve the 2019 Supplemental APP for Restoration of Trainset Nos. 18 and 13
which were involved on the Collision Incident last 18 May 2019, wherein MC1 of
Trainset No. 12 will be interchanged with MC1 of Trainset No. 13, and MC2 of Trainset
No. 12 will be interchanged with MC2 of Trainset No. 18, in the total amount of Thirteen
Million Seven Hundred Twenty Thousand (Php13,720,000.00) Pesos, subject to the
following conditions:
061-2019 18-Oct-19
Procurement with the existing LRT Line 2 Maintenance Provider under Section 53.2 of
the 2016 IRR of R.A. No 9184 specifically on Emergency Case where there is need for
immediate action which is necessary to Restore Vital Public Service or Public Utility;
2. No pre-procurement conference shall be conducted unless and after all the
supporting and necessary documents required by R.A. 9184 and its revised IRR
pertinent to the above stated mode of procurement have been submitted to the Board;
and,
3. No Award of Contract shall be made unless and after all the pertinent legal and
proper requirements have been complied with.
To approve the 2nd Supplemental Memorandum of Agreement between the Light
Rail Transit Authority (LRTA) and the Manila Electric Company (MERALCO) for
062-2019 18-Oct-19
the Updated Relocation Works and Indicative Costs for MERALCO Utilities affected by
the alignment of the LRT Line 1 Cavite Extension Project in the total amount of Sixty-
Page | 13
Annex A
Board
Date
Approved
No.
Six Million Seven Hundred Thirty Four Thousand Two Hundred Eighty Four and 41/100
(Php66,734,284.41) Pesos.
2nd Supplemental Memorandum of Agreement and other pertinent documents.
To approve the CY 2019 Supplemental APP for the Repair, Replacement and/or
Restoration to Operational Condition of the Power Supply System, Overhead
Catenary System, Cable Trays and Walkways, Power Supply Support
Infrastructures of the LRT Line 2 System burned/damaged by the Fire Incident of 03
October 2019 in the estimated total amount of Five Hundred Fifty-Three Million Four
Hundred Thousand (Php553,400,000.00) Pesos, subject to the following conditions:
063-2019 28-Oct-19
1. The procurement shall be through Alternative Mode of Negotiated Procurement
Under Section 53.2 of the 2016 IRR of R.A. No. 9184 specifically on Emergency Case
where there is need for immediate action which is necessary to restore Vital Public
Service or Public Utility;
2. No Award of Contract shall be made unless the submission of the cost breakdown
and all pertinent and legal requirements
To approve the revised LRTA Corporate Vision and Mission as follows:
Vision
“We are the Leader and Expert in Urban Rail Systems that support development in
growth areas and provide exceptional travel experience.” Ad
064-2019
Mission referendum
“To enhance people mobility and provide world class light rail transport systems that
are responsive, inclusive and committed to service excellence.”
To Formally Adopt and Approve Training/Seminar requirement for all Appointive
Members of the Board of Directors Good Corporate Governance procedures and Ad
065-2019
practices through GCG accredited training providers and for a minimum of eight (8) referendum
hours of eight (8) units annualy.
To approve the formal revision on the Policy on Document Submission for the
Board Agenda Folder (Board Resolution No. 020-2019 dated 27 February 2019) by
adding the following items:
Item 4.2.4
“The complete and entire Board Meeting Agenda Folder must be scanned into PDF
form, and which must be sent to all Members through email at least two (2) days before Ad
066-2019 the scheduled board meeting.” referendum
Item 4.2.5
“A Corporate Secretary’s Notes on the board meeting agenda items shall be sent
through email to the Members for their guidance/reference and note taking at least one
(1) day before the scheduled board meeting.”
To Approve the renewal for Two (2) years of the existing Irrevocable Standby
Letter Credit with the Development Bank of the Philippines in the face amount of
Fourteen Million One Hundred Twenty Thousand Three Hundred Twelve Ad
067-2019 (PhP14,120,312.00) Pesos. Resolved further to authorize the LRTA Administrator or referendum
his Duly Authorized Representative as signatory for the above-stated Renewal of the
Development Bank of the Philippines, Marikina Branch.
To approve the CY 2019 Supplemental Annual Procurement Plan (APP) covering
the Procurement of Consulting Services Through Alternative Mode of Procurement
under the Negotiated Procurement of Adjacent Contiguous Contract provided by
Section 53.4 in relation to Clause D(4), Rule V, Annex H of R.A. 9184 and its revised
068-2019 IRR, Specifically with the existing consultants of the LRT Line 2 West Extension 29-Nov-19
Project, necessary for the Repair, Restoration and/or Replacement of LRT Line 2
Rectifier SubStations 4,5, and 6 and other Equipment damaged by Fire Incident on 3
October 2019 in the total amount of Seventy One Million Four Hundred Ninety Three
Thousand Eight Hundred (PhP71,493,800.00) Pesos.
Page | 14
Annex A
Board
Date
Approved
No.
Repair, Replacement and/or Restoration to operational condition of the
Telecommunications Systems Equipment of the LRT Line 2 System
burned/damaged by the Fire Incident of 03 October 2019 in the estimated total amount
of One Hundred Twenty Eight Million Two Hundred Eighty Eight Thousand Five
Hundred (Php128,288,500.00) Pesos, subject to the following conditions:
069-2019 1. The procurement shall be through Alternative Mode Of Negotiated Procurement 29-Nov-19
under Section 53.2 of the 2016 IRR of R.A. No. 9184 specifically on emergency case
where there is need for immediate action which is necessary to restore vital public
service or public utility.
2. The scope of works and amount of the contract shall be subject to proper and
applicable negative variations, and to proper validation and certification by highly
technical consultants engaged for such purpose.
To approve the Revised Memorandum of Agreement between LRTA and Maynilad
for the relocation of Maynilad facilities located in Paranaque City affected by the LRT
Line 1 Cavite Extension Project specifically Pier P2a – P3a, P4, P5, P13, P138 –
P139, P139 – P140, P139 (Station Column H), P153 – P154, and MIA Station in the
070-2019 13-Dec-19
total amount of Three Million Two Thousand Five Hundred Thirty Four and 17/100
(Php3,002,534.17) Pesos.
revised memorandum of agreement and such other pertinent documents.
The Board hereby Approves herein attached Revised FY 2020 Performance
071-2019 Scorecard of the LRTA incorporating further comments of the GCG based on the
results of the Technical Panel Meeting (TPM).
To Approve the CY 2019 Supplemental Annual Procurement Plan (APP) covering
Procurement of Various Office Supplies for the South (Cavite) Extension Project in the
072-2019 13-Dec-19
total amount of Fifty Seven Thousand Seven Hundred Seventy Six and 30/100
(PhP57,776.30) Pesos.
To Approve the CY 2019 Supplemental Annual Procurement Plan (APP) Covering
073-2019 Procurement of Service Vehicle (Passenger Van) in the total amount of Fourteen 13-Dec-19
Million (PhP14,000,000.00) Pesos.
074-2019 To approve the LRTA Annual Corporate Plan for FY 2021-2024. 13-Dec-19
Adopting CY 2018 PBB System for LRTA in Accordance with E.O. No. 80 s. 2012 and
075-2019 13-Dec-19
GCG MC No. 2017-01
Restoration to operational conditions of the Tetra Radio Media Converter Gateway
of the LRT Line 2 System burned/damaged by the Fire Incident of 03 October
2019 in the estimated total amount Of Two Million Six Hundred Thousand
(Php2,600,000.00) Pesos, subject to the following conditions:
076-2019 1. The procurement shall be through Alternative Mode of Negotiated Procurement 28-Oct-19
under Section 53.2 of the 2016 IRR of R.A. No. 9184 specifically on emergency case
where there is need for immediate action which is necessary to restore vital public
service or public utility;
2. No Award of Contract shall be made unless the submission of the cost breakdown
and all pertinent and legal requirements have been complied with.
Page | 15
Annex A
Board
Date
Approved
No.
Restoration to operational conditions the Interlocking Light Signals, Point Machine,
Track Circuits, ATO and ATP Equipment and Cables of the LRT Line 2 System
burned/damaged by the Fire Incident of 03 October 2019 in the estimated total amount
of Three Hundred Twenty-Five Million (Php325,000,000.00) Pesos, subject to
the following conditions:
077-2019 Procurement under Section 53.2 of the 2016 IRR of R.A. No. 9184 specifically on 28-Oct-19
emergency case where there is need for immediate action which is necessary to restore
vital public service or public utility;
2. No Award of Contract shall be made unless the submission of the cost breakdown and
all pertinent and legal requirements have been complied with;
3. The Scope of Works and amount of the contract shall be subject to proper and
applicable negative variations, and to proper validation and certification by a highly
technical consultant engaged for such purpose.
To approve the CY 2019 Supplemental Annual Procurement Plan (APP) covering the
078-2019 13-Dec-19
Procurement of Computerization Project, and Licenses
To approve the Donation in the total amount of Two Hundred Thousand (Php200,000.00)
Pesos to the victims of the Mindanao Earthquake, to be chargeable from Maintenance
and Other Operating Expenses (MOOE) Budget specifically other Miscellaneous
Expenses under DBM Approved COB CY 2019 and the funding requirement shall be
079-2019 sourced from Corporate Funds, subject to the usual accounting and auditing 13-Dec-19
rules and regulations. Resolved further
that the Beneficiary shall be subject to the proper discretion of the LRTA Administrator,
and which must be a charitable foundation/organization duly
registered with pertinent government regulatory agency/ies.
The Civil Service Commission (CSC) approved LRTA Guidelines on the Program on
Awards and Incentives for Service Excellence (PRAISE) has been approved by the
LRTA Board of Directors during its Meeting on 18 September 2019 subject to proper
compliance with existing guidelines and policies of the CSC; That the Board
Approval also covered the rates used in the Grant of Monetary and Non-monetary Awards
and Incentives given to all concerned employees of LRTA qualified to the LRTA
080-2019
PRAISE for CY 2018, and CY 2019; The Corporate Operating Budget
(COB) for CY 2018 was duly approved by the LRTA Board of Directors during its Meeting
on 13 April 2018 which includes the Budget for CY 2018
PRAISE; and,
The COB for CY 2019 was duly approved by the LRTA Board of Directors during its
Meeting on 27 February 2019 which includes Budget for CY 2019 PRAISE.
Page | 16
Annex B
General Administration Related Policies

As of December 31, 2019
Effectivity Process
Policy Name Date Prepared Doc code
Date Owner
Naming of New Stations,
and Renaming and
06 February 2019 2019.PO.OCS.001 08 April 2019 OCS
Branding of Existing
Stations
Document Submission for
21 February 2019 2019.PO.OCS.002 22 April 2019 OCS
the Board Agenda Folder
Document Submission for
the Briefing Paper on Major
27 March 2019 2019.PO.OCS.003 04 July 2019 OCS
Development Projects and
Major Contracts
Systems Access 23 May 2019 2019.PO.KMT.011 25 June 2019 KMT
Customer Complaints
23 May 2019 2019.PO.PRD.001 03 July 2019 PRD
Management
Social Media 23 May 2019 2019.PO.PRD.002 17 July 2019 PRD
Cell Card Allowance 04 June 2019 2018.PO.GSD.001 28 June 2019 GSD

21 January
Locker Usage 10 January 2019 2019.PO.FRO.009 FRO
2019
Creation of an Internal Audit
Team for the Ticket 21 January
07 January 2019 2019.PO.FRO.010 FRO
Management and Sales 2019
Collection Division
Posting of Documented
23 January
Information at LRTA Depot 03 January 2019 2019.PO.CDQ.001 CDQ
2019
and Revenue line
Annex C
Light Rail Transit Authority
Administrative Department - Human Resources
Management Division Training Section
SUMMARY OF TRAININGS AND OTHER ACTIVITIES - ON JANUARY TO DECEMBER
2019
Number of Participants Salary

Title of Training/ Seminar/ No. of Position of Office of Sponsored by /
No. Date Participants Grade of Venue
Orientation Hours attendees attendees Conducted by
attendees
Male Female Total
C. FOREIGN TRAVEL/S
Mr. Dominic F. Kabigting, Ms.

Division J. Guison, Ms. Esther
Division Manager, Hong Kong
A. Soneja, Mr. Randale B. Training Specialist, Sr.
KMITD, HRMD, IAD, Convention and
1 March 18-21, 2019 Asia Pacific Rail Orille, Ms. Maria Teresa M. 32 3 5 8 18-24 MIS Analyst, MIS Chief, Terrapin Pte Ltd.
Internal Auditor, TOS-B,
CAMT, FROG Exhibition Center,
Cruz, Ms. Marivic B. Tuason,
Sr. Cashier Hong Kong
Mr. Israel A. Radiaganding, Ms.
Maria Cecilia M. Padua
20th Annual Exhibition and Mr. Felix Gerard R. Leyson, Mr.

Conference/16th Annual Joseph E. Hagos, Mr. Allan A. Kuala Lumpur
Department Manager, CAMT, GSD, BFPD, TDH Exhibitions
2 April 10-12, 2019 Congress of the Asian Railway Arquiza, Ms. Ma. Corazon S. 24 3 2 5 22-26 Convention
Division Manager CPRD, TCD Ltd.
Operators Association (AROA) Pascual and Engr. Lorelie L. Center, Malaysia
RAIL SOLUTIONS ASIA Reyes
Page | 1
attendees
Male Female Total
Inspection and Type Test of the

New Rolling Stock LRV (4th
Generation) for Line 1 South Gen. Reynaldo I. Berroya and Administrator, Project Office of the Itami Factory,
3 May 13-17, 2019 40 1 1 2 24,30 Mitsubishi Corp.
Extension Project for Capacity Ms. Eleonor C. Palaypayon Manager Administrator, L1 CAVEX Japan
Enhancement of Mass Transit
System in Metro Manila

Construcciones y
Generation) for Line 1 South Engr. Roger T. Cabanilla and OIC, Division Manager,
4 May 21-26, 2019 56 2 0 2 22,24 L1 CAVEX Auxilliar De Spain
Extension Project for Capacity Engr. Domingo E. Noche Principal Engineer A.
Ferrocarriles
Door Endurance Test

Ms. Eleonor C. Palaypayon Property Officer V,
5 June 23-26, 2019 Inspection and Passenger 32 1 1 2 22,24 AMD, L1 CAVEX Mitsubishi Corp. Nanjing, China
and Mr. Plaridel N. Dela Torre Project Manager
Access Door Mechanism
Page | 2
attendees
Male Female Total
Ministry of Land,
ASEAN-ROK Professional
Infrastructure and
Training Programs: Railway Seoul, South
6 July 15-26, 2019 Mr. Alex C. Gregorio 96 1 0 1 22 TOSC A CAMT Transport (MOLIT)
Policy and Safety Course Korea
of the Republic of
attended
Korea

Before Concealment Hold Point
Mitsubishi, Inc.
for New Rolling Stocks-LRV's
Office of the DA for and
(4th Generation) for LRT Line 1 Atty. Jose Jobel V. Belarmino Department Manager,
7 July 16-20, 2019 40 2 0 2 24,26 Admin., Finance and Construcciones y Madrid, Spain
South (Cavite) Extension and Engr. Roger T. Cabanilla Division Manager,
AFCS Auxilliar De
Project for Capacity
Ferrocarriles
Factory Inspection and

Engr. Richell T. Acantilado and D.M. Consunji, PENTAI Factory in
8 August 28-30, 2019 Acceptence of Fire Pump 24 2 0 2 16,21 SE A, PE B L2 RSISD, L2 EEP
Engr. Jaypee D. Alamar Inc. Wuxi, China
System
Test Protocol of Inspection for Mitsubishi, Inc. and

Operations Department /
Mr. Antonio R. Laigo, Jr. and Department Manager A / Construcciones y
9 November 3-9, 2019 Bogie Frame FACI and Coupler 56 1 1 2 26, 24 Line 1 South Extension Spain
Ms. Eleonor C. Palaypayon OIC, Project Manager
Project
Auxilliar De
and Type Test Ferrocarriles
Concession Agreement Mitsubishi, Inc. and

Gearbox Type Test and Body Mr.Felix Gerard R. Leyson and Department Manager Management Team and Construcciones y
10 November 16-24, 2019 72 2 0 2 26, 24 Spain
Loading Test Engr. Roger T. Cabanilla and Division Manager Line 1 South Extension Auxilliar De
Project Ferrocarriles
Page | 3
attendees
Male Female Total
Department Manager,
Ms. Divina J. Guison, Ms.
Division Manager,
Esther A. Soneja, Mr. Allan A. Training Specialist IV, Korean Government /
Railway Cooperation HRMD, CPRD, Legal,
11 November 18-22, 2019 Arquiza, Atty. Jose Jobel V. 40 2 4 6 17-26 Corporate Planning KORAIL (Korea Seoul, South Korea
Workshop Program Chief, TOS-Chief A,
SOD, CAMT
Railroad Corp.)
Belarmino, Mr. Raul B. Nario,
Training Specialist IV,
Mr. Jose Ma. Millevo TOS-B
Operations Department /
Factory Acceptance Test - Mr. Antonio R. Laigo, Jr. and Department Manager LRTA EEP / DOTR
12 November 24-30, 2020 56 2 0 2 26, 22 Line 2 East Extension Germany
OCS Parts Fabrication Engr. Jaypee D. Alamar and Principal Engineer A
Project Fund
Japan
Urban Rail Management Sr. Corporate Planning International
13 November 4-30, 2019 Ms. Rosalea R. Mariano - 0 1 1 16 CPRD Tokyo, Japan
Course Analyst Cooperation
Agency (JICA)
Level Up Training for
Operations and Management
14 December 3-18, 2019 Engr. Hilfred Q. Tusing 128 1 0 1 22 Principal Engineer B RSIS Division JICA Japan
Organization of Urban
Railways
Engr. Nazenborg N.
Factory Acceptance Test - Principal Engineer A, Line 2 East Extension LRTA EEP / DOTR
15 December 16-18, 2019 Mabilangan and Engr. Kathryn- 24 1 1 2 16, 22 Senior Engineer A Prolject / RSIS Division
China
OCS Pole Fabrication Fund
Jane P. Loteriña
Gearbox Type Test, Bogie Mitsubishi, Inc. and

Line 2 South Extension Construcciones y
16 December 18-23, 2019 Final Assembly and First LRV Engr. Roger T. Cabanilla 48 1 0 1 24 Division Manager A
Prolject
Spain
Auxilliar De
Final Assembly Inspection Ferrocarriles
Sub-Total C 25 16 41
Page | 4
Administrative Department - Human Resources Management Division
Training Section
SUMMARY OF TRAININGS AND OTHER ACTIVITIES - JANUARY TO DECEMBER 2019

attendees
Male Female Total
C. FOREIGN TRAVEL/S
20th Annual Exhibition and Mr. Felix Gerard R. Leyson, Mr.

Conference/16th Annual Joseph E. Hagos, Mr. Allan A. Kuala Lumpur
Department Manager, CAMT, GSD, BFPD, CPRD, TDH Exhibitions
1 April 10-12, 2019 Congress of the Asian Railway Arquiza, Ms. Ma. Corazon S. 24 3 2 5 22-26 Convention
Division Manager TCD
Ltd.
Operators Association (AROA) Pascual and Engr. Lorelie L. Center, Malaysia
RAIL SOLUTIONS ASIA Reyes

Generation) for Line 1 South Gen. Reynaldo I. Berroya and Administrator, Project Office of the Administrator, Itami Factory,
2 May 13-17, 2019 40 1 1 2 24,30 Mitsubishi Corp.
Extension Project for Capacity Ms. Eleonor C. Palaypayon Manager L1 CAVEX Japan
Page | 5
attendees
Male Female Total

Construcciones y
Generation) for Line 1 South Engr. Roger T. Cabanilla and OIC, Division Manager,
3 May 21-26, 2019 56 2 0 2 22,24 L1 CAVEX Auxilliar De Spain
Extension Project for Capacity Engr. Domingo E. Noche Principal Engineer A.
Ferrocarriles
Door Endurance Test

Ms. Eleonor C. Palaypayon Property Officer V, Project
4 June 23-26, 2019 Inspection and Passenger 32 1 1 2 22,24 AMD, L1 CAVEX Mitsubishi Corp. Nanjing, China
and Mr. Plaridel N. Dela Torre Manager
Access Door Mechanism
Ministry of Land,
ASEAN-ROK Professional
Infrastructure and
Training Programs: Railway Seoul, South
5 July 15-26, 2019 Mr. Alex C. Gregorio 96 1 0 1 22 TOSC A CAMT Transport (MOLIT)
Policy and Safety Course Korea
of the Republic of
attended
Korea
Page | 6
attendees
Male Female Total

Before Concealment Hold Point
Mitsubishi, Inc.
for New Rolling Stocks-LRV's
and
(4th Generation) for LRT Line 1 Atty. Jose Jobel V. Belarmino Department Manager, Office of the DA for Admin.,
6 July 16-20, 2019 40 2 0 2 24,26 Construcciones y Madrid, Spain
South (Cavite) Extension and Engr. Roger T. Cabanilla Division Manager, Finance and AFCS
Auxilliar De
Project for Capacity
Ferrocarriles
Factory Inspection and

Engr. Richell T. Acantilado and D.M. Consunji, PENTAI Factory in
7 August 28-30, 2019 Acceptence of Fire Pump 24 2 0 2 16,21 SE A, PE B L2 RSISD, L2 EEP
Engr. Jaypee D. Alamar Inc. Wuxi, China
System
Urban Railways Management Senior Coporate Planning

8 November 4-30, 2019 Ms. Rosalea R. Mariano 0 1 1 16 CPRD JICA Japan
Course Analyst
Level Up Training for

Operations and Management Principal Engineer Line2 RSIS
9 December 3-18, 2019 Engr. Hilfred Q. Tusing 128 1 1 21 JICA Japan
Organization of Urban B Division
Railways
Sub-Total C 13 5 18
Page | 7
Administrative Department - Human Resources Management Division
Training Section
SUMMARY OF TRAININGS AND OTHER ACTIVITIES - JANUARY TO DECEMBER 2019

No. Date Grade of Venue
attendees
Male Female Total
A. IN-HOUSE TRAININGS
Refresher Course on Line 2 3 hrs per

PRTC Room /
January 24 to February 14, System Train Operation session/ Operations
1 1 0 1 10 Train Driver A TOD Revenue Line,
2019 Training for Newly Hired Train 2 Department
Line 2
Drivers sessions
Orientation on LRTA's Strategic

Data Encoder-Controller,
Performance Management Engineer, Cashier, Train Driver, FROG, L2-EEP, SSD, Social Action
System: Accomplishment of Environmental Specialist, Civil
TOD, L1-SEP, AMD, HRMD-Training Center, LRTA Line
2 January 30, 2019 3 12 5 17 7-22 Security Officer, Property Officer,
L1-RSISD, Legal,
Individual Performance Supply Officer, Secretary, Legal Section 2 Depot, Santolan,
Commitment and Review
Assistant, Transport Operations HRMD Pasig City
Supervisor
(IPCR) Form
Herbalife in Social Hall, LRTA

HRM Officer, Training
Health Awareness Campaign coordination with Line 2 Depot,
3 February 7, 2019 2 1 8 9 10-18 Specialist, IRM HRMD
by Herbalife Assistant HRMD-Training Santolan, Pasig
Section City
Page | 8
attendees
Male Female Total
Division Manager, PR PRD, BDD, CORSEC,

Seminar-Workshop/Writeshop Officer, Research Analyst, CPRD, CAMT, KMITD,
MIS Specialist, Business FROG, IRRLO, SOD, Mr. John J. Le Blanc Hotel and
in Operational Plan of LRTA Dev. Analyst, Financial
4 February 12-13, 2019 16 19 7 27 11-24 Legal Department, Macasio / HRMD- Resort, Antipolo
Consulting, Operations and Planning Analyst, TOS-B,
Operations
Attorney IV, Training Training Section City
Engineering Manning Services Specialist, Principal Department, L2-
Engineer RSISD, TOD
1st Quarter Refresher Course OCC Viewing

February 14-15, 2019 / 9am to Operations
5 for Traffic Control Division 5 26 2 28 15-20 TOA, TOS B, TOSC B Line 2 TCD Room, Line 2
3pm Department
Personnel Depot
OCC Viewing
Echo Seminar re: IIEE 43rd Engr. Merlo
6 February 14, 2019 / 9am 2 9 2 11 15-17 TOA, TOS B Line 2 TCD Room, Line 2
Annual Convention Gallardo
Depot
Orientation on the Revised

Policies and Procedures and
February 14, 2019 / 1pm to Ms. Carolyn Social Hall, Line 2
7 Updates on the Duties and 4 3 6 9 10-18 Various Positions FRCD
5pm Garduce Depot
Function of Fare Revenue
Clearing Division (FRCD)
Management System
Analyst, MIS
KMITD, PMO-REHAB, Department of Social Hall, LRTA
Specialist, Engineer,
GSD, Admin. Dept,
Training on PNPKI / Digital Records Officer, Information and Line 2 Depot,
8 February 18-20, 2019 24 9 6 15 12-24 CPRD, Office of the
Signature Computer Services Communication Santolan, Pasig
Administrator, SOD,
Programmer, Technology (DICT) City
FROG
Information Officer,
Station Teller
Page | 9
attendees
Male Female Total
5 hrs per
1st Session Refresher Course
February 18-22, 2019 / 9am to session / Operations PRTC Room, Line
9 for Train Operations Division 93 0 93 10,17 Train Driver A, TOS B Line 2 TOD
3pm 5 Department 2 Depot
Personnel
sessions
OCC Viewing
Supervisory Training for Train Driver A, Station Operations
10 February 18 - March 28, 2019) 8 4 1 5 10,15 Teller, TOA
TOD, SOD, TCD Room, Line 2
Operations Control Center Department
Depot
Echo Seminar re: POAP PRTC Room, Line

11 February 21, 2019 / 9:30am 2 15 0 15 10,17 Train Driver A TOD Mr. Billy Villarico
Strategic Management 2 Depot
Line 2 AFCS Contactless Station Teller Operations Social Hall /

12 March 4-19, 2019 / 8am to 5pm 88 9 18 27 - Applicants
-
Training Department Revenue Line
24 (4 hrs
per
1st Quarter Refresher Course Operations Katipunan Station
13 March 11-13, 2019 batch/2 53 62 115 10 & 17 Station Teller, TOS B SOD
for SOD Personnel Department Office
batches
per day)
Page | 10
attendees
Male Female Total
Data Encoder-Controller, Legal

Assistant, Transport Officer, FROG, Legal, TCD, L1-SEP, Atty. Mary Grace Social Hall, LRTA
Orientation on Statement of Clerk Processor, TOS-B, HRMD, GSD, Office of DA for
Engineer, IRM Assistant, CSO-B, Operations and Engineering, Dugay, Civil Line 2 Depot,
14 March 12, 2019 Assets, Liabilities, and 4 37 29 66 7-24 Procurement Analyst, Property SSD, L2-WEP, Engineering,
Service Santolan, Pasig
Networth (SALN) in LRTA Officer, Internal Auditor, Cashier AMD, IAD, PRD, L2-EEP, TOD,
D, HRM Officer, Minutes Officer, Procurement, Commission City
PR Assistant, Train Driver
Driver, TOS Chief B, Liaison

Seminar on Corporate and Aide, Cashier, Transport Officer, Social Hall, LRTA
Train Driver, Nurse, Secretary, Procurement, CAMT, L1-SEP, The Lord's Flock
Organizational Values for HRM Officer, TOS B, Accounting FROG, Treasury, TCD, FROG, Line 2 Depot,
15 March 19, 2019 8 8 18 26 9-24 Charismatic
Women and Solo Parent Processor, Property Officer, TOD, Medical Unit, HRMD,
Santolan, Pasig
Financial Planning Analyst, Sr. Accounting, L2-WEP, L2-RSISD Community
Employees of LRTA Engineer, Accounts Analyst, City
Station Teller
PR Officer, Cashier, Engineer,

Supply Officer, Division
Manager, TOS Chief, Financial
Planning Specialist, Corporate PRD, FROG, L2 and L2-RSISD, Social Hall, LRTA
Capacity Building for QMS- Budget Analyst, Internal Auditor, GSD, CAMT, L2-WEP, L2-EEP, QMS-Quality Line 2 Depot,
16 March 21, 2019 8 30 21 51 10-26 Business Development Officer, Budget, IAD, SSD, CPRD,
Quality Workplace Team Computer Services Programmer, HRMD, AMD, GSD, BDD, Legal Workplace Team Santolan, Pasig
Training Specialist, Data Department
Management Chief, Secretary, City
Data Encoder-Controller,
Property Officer
Page | 11
attendees
Male Female Total
Ms. Catherine
Pacistol, Ms. Arlene
Zulueta, Ms. Odessa Social Hall, LRTA
Orientation for LRTA's Newly-
General Services Cantal, Ms. Alice Line 2 Depot,
17 March 22, 2019 Hired Utility Personnel (1st - 20 14 34 - Utility Worker A
Division Ferrer, Mr. Leo Santolan, Pasig
Batch) Mangampo, Mr. Gil City
Monteclaro and Mr.
Jojo Mariano
Ms. Catherine
Orientation for LRTA's Newly-
General Services Cantal, Mr. Oliver Line 2 Depot,
18 March 25, 2019 Hired Utility Personnel (2nd - 33 13 46 - Utility Worker A
Division Ramos, Mr. Leo Santolan, Pasig
Batch) Mangampo, Mr. Gil City
Monteclaro and Mr.
Jojo Mariano
March 26,28,29, 2019 / 8am to Risk Management Training and PRTC Room, Line
19 24 34 22 56 9-26 Various Positions Various Offices Mr. Noel P. Mojica
5pm Workshop 2 Depot
Ms. Catherine
Orientation of Newly-Hired General Services Cantal, Mr. Oliver Line 2 Depot,
20 March 27, 2019 - 36 8 44 - Utility Worker A
Division Ramos, Mr. Leo
Utility Personnel (3rd Batch) Santolan, Pasig
Mangampo, Mr. Gil City
Monteclaro and Mr.
Jojo Mariano
Bureau of Fire Social Hall, Line 2

21 March 28, 2019 / 8am to 5pm Fire Emergency Training 8 47 24 71 10-21 Various Positions Various Offices
Protection Depot
Ms. Catherine
Orientation of Newly-Hired General Services Cantal, Ms. Alice Line 2 Depot,
22 March 29, 2019 - 6 6 12 - Utility Worker A
Division
Utility Personnel (4th Batch) Ferrer, Mr. Leo Santolan, Pasig
Mangampo, Mr. Gil City
Monteclaro and Mr.
Jojo Mariano
Page | 12
attendees
Male Female Total
2nd Session refresher Course 5 hrs per Operations PRTC Room, Line
23 April 8-12, 2019 / 9am to 3pm session / 5 95 0 95 10,17 Train Driver A, TOS B Line 2 TOD
for TOD Personnel sessions Department 2 Depot
Seminar-Workshop/Writeshop
in establishing the Business
Mr. John J.
24 April 2-3, 2019 / 8am to 5pm Plan and Operational Plan of 16 20 4 24 12-28 Various Positions Various Offices B Hotel, Q.C.
Macasio
LRTA Spare Parts Localization
Group
Train Driver, CSO-B, LRTA Line 2

Orientation for LRTA's Newly- TOD, SSD, FROG, HRMD, PRD,
25 April 22-23, 2019 - 2 4 6 10,12,15 Cashier D, Legal
Legal, L2-RSISD
Depot, Santolan,
Hired Employees Assistant, Engineer B SSD, AMD
Pasig City
Lecture-Forum on BIR
Utility Worker A, Driver, Clerk Mr. Primo Social Hall, LRTA
Registration and Compliance of Processor, Admin. Services Assistant, Office of Admin., FROG, Treasury,
Cashier D, Cashier B, HRM Officer, BDPRD, Procurement, IRLLO, GSD, Marasigan, Bureau Line 2 Depot,
26 April 25, 2019 Individual under a Job Order or 4 29 31 60 11,14,15,22 Cashiering Service Chief, Tsy CAMT, HRMD, Accounting, KMITD,
of Internal Santolan, Pasig
Service Contract Agreement of Planning/ Management Analyst, Corp. PRD, Planning, Operations, SSD
Account Analyst, Finance Officer B
Revenue (BIR) City
the LRTA
Cashiering Services Chief, Train
Driver, IRM Assistant, Liaison Aide,
Nurse, Engineer, HRM Officer,
Social Hall, LRTA
Treasury, TOD, HRMD, L2-WEP, L1-
Orientation on Universal Health Cashier, Secretary, TOS-B, PR
SEP, L2-EEP, Admin. Dept, CAMT, Ms. Annabelle Line 2 Depot,
27 April 29, 2019 4 8 26 34 10-22 Assistant, TOS-Chief B, Admin.
Care Act Services Officer, Legal Assistant,
L2-RSISD, PRD, Legal, Finance
Dept., Accounting, Procurement, GSD Llanto, PhilHealth Santolan, Pasig
Corporate Accounts Analyst,
Procurement Analyst, Financial City
Planning Analyst
Secretary, TOS Chief B, Engineer,

MIS Specialist, Procurement Analyst, LRTA-Knowledge
Workshop on Privacy Impact Supply Officer, Admin. Assistant,
BDPRD, TOD, TCD, SOD, L2-ESISD,
Social Hall, LRTA
Cashier, CSO, Accounting Analyst,
Legal, KMITD, Procurement, FROG, Management and
Assessment and Data Encoder-Controller, Treasury
NEDA-MES, HRMD, BDD, SSD, Line 2 Depot,
28 May 6, 2019 8 14 20 34 9-22 Planning/Analyst, Corporate Planning
Accounting, Treasury, Budget, GSD, Information
Communication / Data PMO-REHAB, Engineering, CPRD, Santolan, Pasig
Analyst, HRM Officer, Training
CAMT, AMD, CORSEC, L2-EEP, L2- Technology
Inventory Specialist, Head Cashier, Financial
WEP City
Planning Assistant, Business Dev.
Officer, Legal Assistant
Division
Page | 13
attendees
Male Female Total
Secretary, Engineer, Board Secretary,

Legal Researcher, Procurement Ms. Rizza Astete,
Analyst, Station Teller, Community BDPRD, L2-EEP, Office of DA of
Relations Officer, Supply Officer, Operations and Engineering, Legal, Ms. Marie Isabel Social Hall, LRTA
Seminar-Workshop on Effective Business Dev. Officer, Nurse, Procurement, SOD, L1-SEP,
Property Officer, Corporate Planning, IAD, FROG, NEDA-MES, Gonzales and Ms. Line 2 Depot,
29 May 9, 2019 and Efficient Public Service 8 10 26 36 9-22 Accountant, Financial Planning CAMT, BDD, L2-RSISD, Admin. Dept,
Janice Barcelona- Santolan, Pasig
(SWEEPS) in LRTA Assistant, Treasury Planning Analyst, AMD, Accounting, Treasury, Budget,
Head Cashier, TOS B, TOS Chief B, Finance Department, SOD, HRMD, L2
HRM Officer, Corp. Planning Analyst, WEP, CPRD,TCD,
Office of the City
Driver Mechanic, Transport Officer,
Clerk Processor
Ombudsman
Seminar on Internal Quality Department Manager, Social Hall, LRTA

Division Manager, Internal Audit Mr. Noel Mojica-
Audit / Updates of Auditing the Line 2 Depot,
30 May 21-23, 2019 24 5 10 15 9-26 Internal Auditor, TOS- Department, CAMT, LRTA-QMS
LRTA Quality Management Chief A, MIS Design FROG Santolan, Pasig
Consultant
System Specialist, Secretary A City
3 hrs per
Metro Manila
May 27, 2019 / 9am to 12nn & Orientation on Earthquake session / Social Hall, Line 2
31 69 31 100 7-22 Various Positions Various Offices Development
1pm to 4pm Preparedness 2 Depot
Authority
sessions
Train Driver A, TOS Viewing Room,

Chief B, TOS B, TCD Office, LRTA
Free-Seminar on Financial TOD, CAMT, HRMD,
32 June 7, 2019 3 4 6 10 10-20 Training Specialist,
TCD, PRD
Sunlife of Canada Line 2 Depot,
Planning IRM Assistant, Clerk Santolan, Pasig
Processor City
Page | 14
attendees
Male Female Total
2nd Quarter Refresher Course

for TCD Personnel (Loss of
Track Power, OCC Logbooks, Social Hall and
June 13 & 20, 2019 / 9am to Points Discrepancy, Shift Turn- 5 hrs per Operations OCC Viewing
33 25 2 27 15, 17, 20 TOA, TOS B, TOSC B TCD
3pm Over and Illogical Track Circuit session Department Room, Line 2
Sequence, Hauling Procedure Depot
and other matters concerning
Traffic Management)
2nd Quarter Refresher Course

4 hrs per
for SOD Personnel (Ticket
June 17-19, 2019 / 9am to 2pm session / Operations Katipunan Office,
34 Selling Procedure, Station 54 56 110 10, 17 Station Teller, TOS B SOD
& 2pm to 6pm 6 Department Line 2
Administration Procedure and
sessions
Work Instructions)
3rd Session Refresher Course

for TOD Personnel (Manual
Cranking of Points and 5 hrs per Operations Social Hall, Line 2
35 June 17-21, 2019 / 9am to 3pm 95 0 95 10 , 17 Train Driver A, TOS B TOD
Operational Safety Protocol in session Department Depot
relation to manual cranking of
points)
Echo Seminar re: IIEE 2019 Engr. Jose Ma

36 June 26, 2019 / 1pm to 2pm 1 8 3 11 16-21 SE A, PE B, TOS B, L1 CAMT-IGMU L1 CAMT Office
National Midyear Convention Millevo
Engr. Gusion,
Echo Seminar re: Asia Pacific
37 June 26, 2019 / 2pm to 3pm 1 7 3 10 16-21 SE A, PE B, TOS B, L1 CAMT-IGMU Engr. Pantaleon L1 CAMT Office
Railway Innovation-Forum
and Engr. Dacul
Page | 15
attendees
Male Female Total
Orientation on LRTA's Strategic

Performance Management Architect, Cashier, Train Social Hall, LRTA
Driver, Project Planning L1-SEP, FROG, TOD,
System (SPMS): HRMD-Training Line 2 Depot,
38 July 9, 2019 3 5 5 10 10-22 Officer, Civil Security SSD, IAD, L1-RSISD,
Accomplishment of Individual Officer, Internal Auditor, L2-RSISD, CORSEC Section Santolan, Pasig
Performance Commitment and Engineer, Minutes Officer City
Review (IPCR) Form
Page | 16
attendees
Male Female Total
7 hrs per
Refresher Course for Ticket Cashier D, Senior
session / Social Hall, Line 2
39 July 15-19, 2019 / 9am to 5pm Management and Sales 72 90 162 10-19 Cashier and Head TMSCD, FROG TMSCD, FROG
5 Cashier Depot
Collection Division Personnel
session
Social Hall, LRTA

Training on IT Audit, Security Line 2 Depot,
40 July 29-30, 2019 14 10 4 14 14-22 KMITD Personnel KMITD John J. Macasio
and Governance Santolan, Pasig
City
Social Hall, LRTA
Orientation of Proper Handling Station Teller, TOS-B, National Council
SOD, SSD, Legal Line 2 Depot,
41 August 1, 2019 of Persons with Disability 8 25 10 35 10,15,16,17 CSO-B, Safety Specialist,
Department
on Disability Affairs
Legal Assistant Santolan, Pasig
(PWDs) in LRTA (NCDA)
City
Clerk Processor, Sr. Cashier,

HRM Officer, Admin. Services HRMD, Accounting,
Officer, Sr. Financial Planning
Analyst, Civil Security Officer, Treasury, L1-SEP, L2-
Environmental Specialist, EEP, L2-WEP, Social Hall, LRTA
Lecture-Forum on GSIS Treasury Analyst, HRM Officer I,
Finance Department, Line 2 Depot,
42 August 6, 2019 Benefits, Programs, Claims, 3 7 22 29 9-22 Cashier D, Computer Operator, GSIS
Corporate Planning Specialist, CPRD, Procurement, Santolan, Pasig
Requirements and Issuances Minutes Officer, Corporate CORSEC,
Accounts Analyst, Secretary A, City
Procurement Analyst, Legal
Engineering, Legal,
Assistant, Transport Operations SOD, TOD,
Supervisor
Page | 17
attendees
Male Female Total
4th Session Refresher Course

for TOD Personnel (50% 5 hrs per Operations Social Hall, Line 2
43 August 5-9, 2019 / 9am to 3pm 94 0 94 10 , 17 Train Driver A, TOS B TOD
Mobilization and Rolling Stock session Department Depot
Failure Mode and Its Effect)
Clerk Processor, Sr. Cashier,

HRM Officer, Admin. Services HRMD, Accounting,
Officer, Sr. Financial Planning
Analyst, Civil Security Officer, Treasury, L1-SEP, L2-
Environmental Specialist, EEP, L2-WEP, Social Hall, LRTA
Lecture-Forum on GSIS Treasury Analyst, HRM Officer I,
Finance Department, Line 2 Depot,
44 August 6, 2019 Benefits, Programs, Claims, 3 7 22 29 9-22 Cashier D, Computer Operator, GSIS
Corporate Planning Specialist, CPRD, Procurement, Santolan, Pasig
Requirements and Issuances Minutes Officer, Corporate CORSEC,
Accounts Analyst, Secretary A, City
Procurement Analyst, Legal
Engineering, Legal,
Assistant, Transport Operations SOD, TOD,
Supervisor
Echo Seminar re: Railway Rolling Stock

45 August 6, 2019 3 24 4 28 17-22 Various Positions CAMT Mr. Alex Gregorio
Policy and Safety Course Simulator Room
Refresher Course for the

August 19-20, 2019 / 8am to 8 hrs per Social Hall, Line 2
46 Members of the Concession 62 24 86 9-24 Various Positions CAMT CAMT
5pm session Depot
Agreement Management Team
Echo Seminar re: Technical

Station Teller, TOS B, Betty-Go Belmonte
47 August 16, 2019 Updates on Spectrum 2 1/2 12 2 14 10-22 TOSC A
SOD Mr. Ronaldo Cruz
Office
Monitoring System and Solution
Page | 18
attendees
Male Female Total
Echo Seminar re: Railway

48 August 21, 2019 3 2 0 2 17 TOS B CAMT Mr. Alex Gregorio
Policy and Safety Course
LRTA Line 2 AFCS Contactless

September 2-24, 2019 / 8am to PRTC Room and
49 Ticketing System Training: 120 11 15 26 - Trainees - TMSCD, FROG
5pm Revenue Line
Level 0,1, & 2 Device Operation
Train the Trainers (AFCS Level SSD, SOD, FROG, Boardroom, Line 2
50 September 9, 2019 4 15 9 24 8-22 Various Position AFPI
1 & 2) HRMD Depot
Internal Control System for Association of
Property and Supply Government Hotel Kimberly,
51 September 11-13, 2019 24 1 0 1 22 Principal Engineer A Line 1-SEP
Management (Appraisal and Internal Auditors Malate, Manila
Disposal) (AGIA), Inc.
Philippine Trade
Cashiering Services PTTC, Gil Puyat
52 September 12-13, 2019 Effective Business Writing 16 0 1 1 22 Chief A
Treasury Division and Training
Ave., Pasay City
Center (PTTC)
September 16-17, 2019 / 9am 3rd Quarter Refresher Course 5 hrs per Operations PRTC Room, Line
53 23 2 25 15-20 TOA, TOS B, TOSC B TCD
to 3pm for TCD Personnel batch Department 2 Depot
CSC Building,
Civil Service
54 September 18, 2019 People Centric Leadership 8 0 1 1 24 Division Manager A Treasury Division Constitution Hills,
Institute
Quezon City
Page | 19
attendees
Male Female Total
September 23-25, 2019 / 9am 3rd Quarter Refresher Course 4 hrs per Operations Managers Room,
55 62 58 120 10,17 Station Teller, TOS B SOD
to 2pm & 2pm to 6pm for SOD Personnel batch Department Katipunan Station
Institute of Tower Club,

Enhancing Board Performance Private Sector LRTA Board of
56 September 25, 2019 4 1 0 1 - Directors
Corporate Philamlife Tower,
Series Representative
Directors Makati City
2017 Rules on Administrative
Center for Global Manila Marriott
57 September 27, 2019 Cases in the Civil Service 8 0 1 1 23 Attorney IV Legal Department
Best Practices Hotel, Pasay City
(RACCS)
5th Session Refresher Course

for TOD Personnel (Door
Intervention, Operational
5 hrs per Operations Simulator Room,
58 October 21-25, 2019 Applicability in case of 104 0 104 10 , 17 Train Driver A, TOS B TOD
session Department Recto Station
Earthquake at the Revenue
Line , Operational updates,
issues and Concerns)
BDD, Accounting, CPRD,

CAMT, IAD, FROG, PRD,
PRCT Training
Training on Quality Objective IRLLO, KMITD, Treasury, Room, LRTA Line
59 October 23-24, 2019 16 23 18 41 22-24 Division Manager Mr. Noel P. Mojica
Setting AMD, Planning, L2-EEP, 2 Depot, Santolan,
SSD, TOD, SOD, TCD, L2-
RSISD, PMO-Rehab, Pasig City
Page | 20
attendees
Male Female Total
BDD, Accounting, CPRD,

Training on the Application CAMT, IAD, FROG, PRD,
Social Hall, LRTA
Planning Tools such as SWOT, Division Manager, IRLLO, KMITD, Treasury, Mr. Robert C. Line 2 Depot,
60 October 30, 2019 8 21 19 40 24-26 Department Manager
PESTEL, Problem Tree, and AMD, Planning, L2-EEP,
Bastillo Santolan, Pasig
SSD, TOD, SOD, TCD, L2-
other related planning tools RSISD, PMO-Rehab, City
Procurement
Social Hall, LRTA
Division in
Procurement Division Line 2 Depot,
61 November 6, 2019 Procurement Related Training 4 6 5 11 11-24 Personnel
Procurement coordination with
Santolan, Pasig
HRMD-Training
City
Section
Employees Welfare and Administrative

Administrative Departmnet, Medical Administrative
62 November 7-8, 2019 Productivity Seminar 16 38 46 84 9-30 Department Personnel Unit, Procurement,
Antipolo City
Department
(Administrative Department) GSD, AMD, HRMD
Cashier D, Senior
Ticket Management
Cashier, Head
and Sales Collection
Refresher Course for Ticket Cashier, Data Encoder
Divisin, System
Controller, Finance FROG Technical Simulator Room,
63 November 11-15, 2019 Management and Sales 8 76 95 171 10-22 Administration
Officer A, Quality Trainers Recto Station
Collection Division Personnel Division, Fare
Control/Assurance
Revenue Clearing
Inspector, Senior
Division
Financial
Page | 21
attendees
Male Female Total
Procurement Divisiom,
Safety and Security
Division, CAMT IGM GPPB TSO
Division, Line 2 WEP, Line 2
Seminar on the Revised EEP, Line 1 SEP, Budget
Resource Persons Eugenio Lopez
BAC, BAC_TWG, BAC
Implementing Rules and Division, Internal Audit (Engr. Gilbert C. Center, Sumulong
64 November 18-19, 2019 16 30 16 46 9-26 SEC, End Users, PMOs),
Regulations (IRR) of the Observers
Department, AMD, Office of Mondroy and Highway, Antipolo
the Administrator,
Republic Act 9184 Operations Department, Engr. Antonio M. City
FROG, HRMD, Lines 1 & 2 Bautista)
Rehab Project, GSD, DOTr,
TOD
Technical
4th Quarter Refresher Course
Station Operations Resource Persons Simulator Room,
65 November 18-20, 2019 for Station Operations Division 4 52 60 112 10-17 Station Teller, TOS B
Division from Operations Recto Station
Personnel
Department
Technical
4th Quarter Refresher Course
Resource Persons OCC Viewing
66 November 28-29, 2019 for Traffic Control Division 4 25 2 27 15-17 TOA, TOSC B Traffic Control Division
from Operations Room
Personnel
Department
Senior Engineer A, Principal

Engineer B, TOSC A, TOSC
B, MIS Design Specialist B,
Process Improvement Internal Auditors, Planning
67 November 28-29, 2019 16 18 21 39 11-26 Various Offices Mr. Noel P. Mojica PRTC Room
Methodologies Officers, Administrative
Services Officer B, Budget
officers, Procurement
Analyst
Page | 22
attendees
Male Female Total
Seminar on Omnibus Rules on Social Hall, LRTA

HRMD Officers and
Appointments and Other HRMD, L1-SEP, L2- Dir. Henry Peliño, Line 2 Depot,
68 December 4, 2019 8 8 29 37 8-24 Personnel, Admin.
EEP, L2-WEP
Human Resource Actions (ORA Services Officer CSC-NCR-FO Santolan, Pasig
OHRA) City
Deputy
AdministratorDepartm Planning
Office of Deputy
ent Manager, Division PRTC Training
Administrator, Admin. Department in
Workshop on Railway Expert Manager, Office Department, CAMT, FROG, Room, LRTA Line
69 December 6, 2019 8 14 11 25 9-26 coordination with
Development (Brain Trust) Chiefs, Planning HRMD, Procurement, TCD,
2 Depot, Santolan,
Department SSD, CPRD, IAD, BDD, HRMD-Training
TOD, Budget, CPRD, PMO Pasig City
Personnel, Training Section
Personnel
6th Session Refresher Course Train Drivers, Technical

Transport Operations Rolling Stock
for TOD Personnel (Train 5 hrs per Resource Persons
70 December 9-13, 2019 96 0 96 10-20 Supervisor B, TOD Simulator Room,
Preparation and, Operational session transport operations from Operations
Recto Station
updates, issues and Concerns) Servics Chief B Department
Division Managers,
Department Managers,
Refresher Course / Learning Social Hall, LRTA
Attorney IV, Accounting
Session for Concession Personnel, Light Rail Manila Line 2 Depot,
71 December 10 & 17, 2019 16 55 15 70 17-26 CAMT
Management Group Officers Engineers,Transport Corporation Santolan, Pasig
Operations Supervisor B,
and Personnel transport operations Servics City
Chief B, Safty Officers
Page | 23
attendees
Male Female Total
Civil Security Officers,

Social Hall, LRTA
Training on Bomb Awareness Safety Officers, TOSC B,
Principal Engineer, Cashier Armed Forces of Line 2 Depot,
72 December 26, 2019 for LRTA EQRT and 8 42 8 50 Various Offices
D, TOS B, Train Driver,
the Philippines Santolan, Pasig
Employees Station Teller, Nurse,
Division Manager A, City
Technical Trainers PRTC Room and

Trai Driving Level II Program - Train Driver Trainees / TOD, SSD, CAMT,
73 December 16-27, 2019 64 17 3 20 Applicants SOD
from Operations Rolling Stock
Batch 2
Department Simulator Room
Sub-Total A 2008 1112 3120
Page | 24
attendees
Male Female Total
B. LOCAL TRAININGS
Philippine
Association for
Corporate Budget Budgeting and Crown Plaza
1st PAGBA Quarterly Seminar Government
1 February 13-16, 2019 32 0 2 2 12,15 Analyst, Financial Financial Planning Manila Galleria,
and Meeting Planning Analyst Division Budget
Quezon City
Administration,
(PAGBA) Inc.
CSC Building, IBP

7 Habits of Highly Effective Civil Service
2 February 19-21, 2019 24 1 0 1 24 Division Manager Procurement Division Road, Constitution
Government Leaders Institute
Hills, Quezon City
CSC Building, IBP

Mentoring and Coaching for Corporate Planning Corporate Planning Civil Service
3 February 27-28, 2019 16 1 0 1 22 Chief and Research Division
Road, Constitution
Leaders Institute
Hills, Quezon City
Committee Room,
3rd Floor,
Integrated Bar of
4 March 2,9,16,23, 2019 MCLE 6th Compliance Seminar 32 1 0 1 23 Attorney IV Legal Department Legislative Wing,
the Philippines
City Hall, Quezon
City
Basic Occupational Safety and

5 March 4-8, 2019 Health attended by Mr. 40 1 0 1 18 Safety Specialist SSD OSHMS 360 Corp. Balintawak, Q.C.
Pagcaliwagan
Mentoring and Coaching for

Civil Service CSC, Batasan,
6 March 13-14, 2019 Leaders attended by Ms. 16 0 1 1 24 OIC, Project Manager L1 CAVEX
Institute Q.C.
Palaypayon
Page | 25
attendees
Male Female Total
Department Manager,
Supply Officer, TOS
Chief, Data SGS Academy,
Management Chief, 3rd Floor, 2229
IAD, GSD, FROG,
7 March 7-8, 2019 5S Internal Audit Course 16 5 3 8 11-26 Head Cashier, Sr.
CPRD, Budget
SGS Academy Alegria Bldg., Don
Engineer, Corporate Chino Roces Ave.,
Budget Analyst,
Makati City
Financial Planning
Analyst
58th Philippine Academy of

Family Physicians (PAFP)
Medical Unit- Philippine Philippine
Annual Convention: "Family
8 March 7-9, 2019 24 1 0 1 22 Medical Specialist I Administrative Academy of Family International
Physicians Advancing the Lives Department Physicians (PAFP) Convention Center
of Filipinos through Universal
Health Care"

Civil Service CSC, Batasan,
9 March 13-14, 2019 Leaders attended by Ms. 16 0 1 1 24 OIC, Project Manager L1 CAVEX
Institute Q.C.
Palaypayon
CSC Building, IBP

Civil Service
10 March 20, 2019 CSI Leadership Series ###### 0 1 1 26 Department Manager Planning Department Road, Constitution
Institute
Hills, Quezon City
Golf Club Function

Networking Essentials, Fiber Sr. Computer Services Knowledge Hall, Gate 3,
Programmer, Management and Interasia Training
11 March 26-28, 2019 Optic and Wireless 24 2 0 2 14,16 Management Systems Information
Camp General
Group Inc.
Communications Technology Analyst Technology Division Emilio Aguinaldo,
Quezon City
Page | 26
attendees
Male Female Total
Ethical Leadership attended by Civil Service CSC, Batasan,

12 March 27-29, 2019 24 1 0 1 24 Division Manager TCD
Mr. Flores Institute Q.C.
17th National Convention of

Attorney IV, Attorney Integrated Bar of Iloilo Convention
13 March 27-31, 2019 Lawyers: "Upholding the Rule 40 3 1 4 23,26 VI
Legal Department
the Philippines Center, Iloilo City
of Law of Great Change"
ICD's Corporate Governance

Orientation Program for Insitute of Makati Diamond
Office of the Corporate
14 March 27, 2019 Government-Owned and 8 1 0 1 24 Board Secretary V
Board Secretary
Corporate Residence, Makati
Controlled Corporations Directors City
(GOCC)
CSC Building, IBP

The 7 Habits of Highly Effective Public Relations Public Relations Civil Service
15 March 27-29, 2019 24 0 1 1 24 Officer V Division
Road, Constitution
Government Leaders Institute
Hills, Quezon City
Unit 201 Richbelt

Tower, 17
Employee Engagement and Public Relations Public Relations BusinessCoach
16 March 29, 2019 8 0 1 1 11 Officer I Division
Annapolis St.,
Motivation Inc.
Greenhills, San
Juan City
17 April 1-5, 2019 Health attended by Mr. Dela 40 1 1 2 22 Chief Safety Specialist SSD OSHMS 360 Corp. Balintawak, Q.C.
Cruz
CESB-Welness Camp 21 Career Executive
18 April 27-30, 2019 32 1 0 1 24 Department Manager FROG Batanes
attended by Mr. Ombao Service Board
Basic Occupational Safety and CSO B (detailed as Safety

19 May 6-10, 2019 40 1 0 1 15 SSD OSHMS 360 Corp. Balintawak, Q.C.
Health attended by Mr. Gatdula Specialist)
Page | 27
attendees
Male Female Total
Basic Pollution Control Officer

Training Course attended by
Roofdeck Prestige
Mr. Kabigting and Mr. Bayanay OIC Department Manager, Administrative Department, Environmental
20 May 7-10, 2019 40 2 0 2 16,24 Tower, Ortigas,
(Due to conflict in schedule, Mr. Environmental Specialist B SSD
Training Institute
Pasig City
Kabigting is re-scheduled on
June 3,4,6,7, 2019)
International Union
Asia Pacific Railway Innovation-
Supervising Engineer, CAMT-IGMU, Office of the for Railways, ADB
Forum attended by Mr. Chua,
21 May 21-24, 2019 32 5 2 7 18-28 Principal Engineer B, DA for Operations & ADB, PNR, UIC Headquarters,
Engr. Dacul, Engr. Guison and Deputy Administrator Engineering
Ortigas Center,
Engr. Pantaleon
Mandaluyong City
2019 IIEE National Midyear Taal Vista,

TOSC A. Department CAMT-IGMU, Lines 1 & 2
22 May 22-24, 2019 Convention attended by Engr. 24 2 0 2 22,26 Manager Engineering Department IIEE Tagaytay City,
Canar and Engr. Millevo Cavite
Summit Galleria
First Career Executive Service OIC, Administrative Administrative Career Executive
23 May 29-30, 2019 16 1 0 1 24 Department Department
Cebu Hotel, Cebu
(CES) Public Leaders' Summit Service Board
City
Public Leaders Summit "Are

You Game for Change?: DA for Operations and Summit Galleria
Deputy Administrator, OIC Career Executive
24 May 29-30, 2019 Innovation, Inclusion, 16 2 0 2 24,28 Engineering, Administrative Cebu Hotel, Cebu
of Admin. Department
Department Service Board
Inspiration" attended by Mr. City
Chua
Office of the Deputy
Best Business Practices on OIC, Deputy Administrator for EDSA Shangri-La
Center for Global
25 May 29-30, 2019 How to Set Up an Internal 18 1 0 1 26 Administrator, Admin., Finance and Hotel,
Manager AFCSS, Legal Best Practices
Audits System Mandaluyong City
Department
Page | 28
attendees
Male Female Total
PNP Training
Public Awareness Consultation Service, National
26 June 3-7, 2019 attended by Mr. Bahena and 40 2 0 2 15 CSO B SSD US Embassy Headquarters,
Mr. Guerrero Camp Gen.
Crame, QC
HRM Officer IV, Sr. Cashier,

Training Specialist III, Chief
Corporate Accountant,
Bureau of Internal
Free Seminar/Briefing on Tax Corporate Accounts HRMD, Accounting, Cuneta
Analyst, Corporate Revenue,
27 June 6, 2019 Amnesty under the Republic 8 1 8 9 12-22 Line 2-WEP, Line 2- Astrodome, Pasay
Accountant, Financial
EEP Revenue District
Act (RA) no. 11213 Planning Specialist, City
Financial Planning Analyst, No. 51-Pasay City
Admin. Services Officer,
Property/Supply Officer
PICE 2019 Midyear National

Convention and Technical
SE A, PEB, OIC, Division SMX Convention,
28 June 13-15, 2019 Conference attended by Engr. 24 2 1 3 16,21,22 L2 RSISD PICE
Manager Davao City
Abrazado, Engr. Panganiban
and Engr. Doncillo
IFSEC Philippines 2019 Expo Station Teller, CSO B,

SMX Convention
attended by Mr. Mariano, Mr. Safety Specialist, UBM Exhibitions Center, MOA
29 June 13-15, 2019 24 5 0 5 10,14,15 SOD, KMITD, SSD
Averilla, Mr. Ramos, Mr. Management Systems
Philippines, Inc. Complex, Pasay
Analyst
Abarca and Mr. Salud City

30 June 17-21, 2019 40 1 0 1 16 Safety Specialist SSD OSHMS 360 Corp. Balintawak, Q.C.
Health attended by Mr. Mariano
CSI Leadership Series (Values-

Crown Plaza
31 June 19, 2019 Oriented Leadership) attended 8 1 0 1 22 OIC, Division Manager L2 RSISD CSI
Hotel, Ortigas
by Engr. Abrazado
Page | 29
attendees
Male Female Total
Rail Performance Management

Sharing Session attended by Division Manager,
Ms. Liscano, Ms, Domingo, Mr. Department Manager,
Finance Dept., Planning DOTR and Phil-
Corporate Planning Chief, Novotel Manila,
32 June 20, 2019 Arquiza, Mr. Chua, Mr. Bayot, 3.5 6 3 9 22,24,26 Dept., CPRD, SSD, CAMT, Australia PFM for
Chief Safety Office,
Accounting Div. Cubao QC
Engr. Biscocho, Mr. Panlasigui, Corporate Finance Services Infra (PFM-I)
Chief
Engr. Dela Cruz and Ms.
Anonay
Philippine Railway Expansion

and Technology Summit Department Manager, The Manila Hotel,
attended by Mr. Chua, Mr. 12,'21,22,2 Division Manager, PE B, CAMT-IGMU, FROG, L2
33 June 20-21, 2019 16 10 4 14 Lnoppen One Rizal Park,
Leyson, Engr. Canar, Engr. 4,26,28 Corplan Analyst, Training RSISD, HRMD, CPRD
Specialist Manila
Abrazado, Engr. Tusing, Mr.
Ombao and Engr. Salvador
Manager's Role in the Capacity

CSC Batasan
34 June 27-28, 2019 Building attended by Engr. 8 1 0 1 22 OIC, Division Manager L2 RSISD CSI
Road, QC
Abrazado
PRTC Room,
PRTC Train Driving Level II Walk in Trainees and three
35 June 3-July 22, 2019 243 8 1 9 - - PRTC Simulator Room
Training (3) LRTA Employee
and Revenue Line
Page | 30
attendees
Male Female Total
Focus Group Discussion (FGD)

on the Proposed Government
Accounting Manual (GAM) for Professional
Chief Corporate Accountant Accounting Division,
Government Corporations A, Corporate Finance Development
Budgeting and Commission on
36 July 3-5, 2019 (GCs) classified as Non- 24 0 4 4 19-22 Service Chief, Finance
Financial Planning
Center,
Officer C, Corporate Audit
Government Business Finance Services Chief Division Commonwealth
Enterprise (Non-GBEs)/ Non- Ave., Quezon City
Commercial Public Sector
Entities (Non-CPSEs)

AXIAA Hotel,
37 July 4-5, 2019 Leaders attended by Engr. 16 1 0 1 22 Principal Engineer A PMO-Rehabilitation Project CSI
Manila
Bernales
Basic Pollution Control Officer Roofdeck Prestige

Environmental
38 June 3,4,6,7, 2019 Training Course attended by 40 1 0 1 24 Division Manager KMITD Tower, Ortigas,
Training Institute
Mr. Kabigting Pasig City
Association of
Hotel Kimberly,
Cash Management and Its Cashiering Services Government
39 July 10-12, 2019 24 0 1 1 22 Chief A
Treasury Division Pedro Gil St.,
Internal Control System Internal Auditors
Malate, Manila
(AGIA), Inc.
PSME 6th Visayas Regional

Conference attended by Engr. SE A, Supervising Engineer SM City Trade
40 July 11-13, 2019 24 2 1 3 16,18 L2 RSISD PSME
Driz, Engr. Cariño and Engr. A Hall, Cebu City
Loteriña
Page | 31
attendees
Male Female Total
Boot Camp Re: Establishment

of a Rolling Stock Laboratory at
LRTA under the Public Sector
Productivity Innovation
Laboratory Program of the Deputy Administrator,
Office of the DA for O&E, DAP Conference
Development Academy of the Department Manager,
41 July 15-19, 2019 40 10 0 10 16-28 FROG, CPRD, L3 RSISD, DAP Center and Hotel,
Philippines (DAP) attended by Division Manager, SE A, PE
PMO-Rehab, TOD, SOD
B, TOSC B, TOS B Tagaytay City
Dr. Chua, Mr. Ombao, Mr.
Arquiza, Engr. Driz, Engr.
Asensi, Engr. Nalaunan, Engr.
Caluya, Engr. Zulueta, Mr.
Aliman and Mr. Nario
Continuing Environmental
Laguna Lake Eurotel Vivaldi
Education Program for Pollution
42 July 17-19, 2019 24 1 0 1 16 Environmental Specialist B SSD Development Edsa, Cubao,
Control Officers attended by
Authority Quezon city
Engr. Bayanay
ASEAN
2019 NUCESO Mid-Year
National Union of Convention
Conference: "Hamon ng
Career Executive Center, Marcos
43 July 18-20, 2019 Panahon sa NUCESO: Maging 24 1 0 1 24 Division Manager A KMITD
Officers Village, Clark
Susi sa Tuloy-tuloy na
(NUCESO), Inc. Glabal City,
Pagbabago"
Pampanga
Department of DICT Building,

Enterprise Architecture and MIS Development Information and C.P. Garcia
44 July 22-26, 2019 40 1 0 1 22 Chief A
KMITD
eServices Strategic Planning Communications Avenue, Diliman,
Technology (DICT) Quezon City
Development DAP Building,

Course on Advanced Sr. Corporate Planning
45 July 22-26, 2019 40 0 1 1 16 Analyst
CPRD Academy of the Ortigas Center,
Monitoring and Evaluation
Philippines (DAP) Pasig City
Page | 32
attendees
Male Female Total
2019 Public Sector HR CSC Builidng, IBP

Department Manager Administrative Civil Service
46 July 24-26, 2019 Symposium: "Moving Together 24 1 0 1 26 A Department
Road, Constitution
Institute
Toward Ambisyon Natin 2040" Hills, Quezon City
Technical Updates on
Quezon 1 Function
Spectrum Monitoring and Rohde and
Room, Seda Vertis
47 July 30, 2019 Management Systems and 8 1 0 1 17 TOS B SOD Schwarz
North, Quezon
Solutions attended by Mr. (Philippines) Inc.
City
Ronald Cruz
Manager's Role in the Capacity

Lines 1 & 2 Rehabilitation Civil Service
48 August 1-2, 2019 Building attended by Engr. 16 1 0 1 16 Project Manager CSI, Batasan, QC
Project
Intitute
Julito Bernales
7 Habits of Highly Effective

Civil Service
49 August 6-8, 2019 Government Leaders attended 24 0 1 1 24 Division Manager GSD CSI, Batasan, QC
Intitute
by Engr. Lorelie Reyes
Institute of
ICD's Distinguished Corporate Office of the Corporate Discovery Primea,
50 August 8, 2019 4 1 0 1 24 Board Secretary V
Board Secretary
Corporate
Governance Speaker Series Makati City
Directors (ICD)
Asian Institute of NOWPlanet.TV

Training on Media Crisis Public Relations
51 August 8-9, 2019 16 0 1 1 24 Division Manager A
Division
Journalism and Bldg., Sampaloc,
Preparedness
Communication Manila
Page | 33
attendees
Male Female Total
CSC Building, IBP

Leadership and Management Civil Service
52 August 14-30, 2019 - 1 0 1 22 OIC, CPRD CPRD Road, Constitution
Certification Program Commission
Hills, Quezon City
6th International Conference on

Sustainable Proactive
The Century Park
53 August 22-23, 2019 Advocacies in Civil Engineering 16 3 2 5 16-22 Various Positions Line 1 CAMT-IGMU PICE
Hotel, Manila
(SPACE 2019) attended by
Engr. Deah Guison, Engr.
Cashier D, Corporate Philippine
3rd PAGBA Quarterly Seminar Accounts Analyst, Association for
Chief Corporate Finance Department,
and Meeting: "Public Financial 10,15,20,21 Government L'Fisher Hotel,
54 August 28-31, 2019 32 0 5 5 Accountant A, Accounting Division,
in a Difficult & Changing ,22 Accountant IV, Treasury Division Budget Bacolod City
Environment" Cashiering Services Administration
Chief A (PAGBA), Inc.
Philippine Society
Certified Security Professional
of Industrial
(CSP) Review Program Course Midas Hotel and
55 September 10-13, 28, 2019 40 1 0 1 15 CSO B SSD Security
attended by Mr. Rommel Casino, Pasay City
International
Ramos
(PSIS)
57 September 9-13, 2019 Health attended by Mr. 40 1 0 1 16 Safety Specialist SSD OSHMS 360 Corp. Balintawak, Q.C.
Inocencio Niguas
Effective Business Writing
attended by Ms. Judy Anne Philippine Trade PTTC, G. Puyat
58 September 12-13, 2019 16 1 1 2 10 Data-Encoder Controller SAD, FROG
Guerrero and Mr. Mervin Training Center Ave., Pasay City
Manalo
Internal Control System for Association of
Property and Supply Government Hotel Kimberly,
59 September 11-13, 2019 24 1 0 1 22 Principal Engineer A Line 1-SEP
Management (Appraisal and Internal Auditors Malate, Manila
Page | 34
attendees
Male Female Total
Philippine Trade
Cashiering Services PTTC, Gil Puyat
60 September 12-13, 2019 Effective Business Writing 16 0 1 1 22 Chief A
Treasury Division and Training
Ave., Pasay City
Center (PTTC)
CSI Leadership Series "People- Lines 1 & 2 PMO-

Project Manager, Division
61 September 18, 2019 Centric Leadership" attended 8 1 1 2 22, 24 Manager A
Rehabilitation Office, CSC CSC, Q.C.
Treasury Division
by Engr. Julito Bernales
Transport Payments Asia
Senior Financial Planning Dusit Thani Manila
62 September 18-19, 2019 Pacific 2019 attended by Mr. 16 1 0 1 15 FRCD, FROG Terrapin Ltd.
Analyst Hotel, Makati City
Ariel Bretaña
Environmental Training for
Managing Head attended by
Division Manager, GSD, SSD, Administrative Environmental
63 September 20, 2019 Engr. Lorelie Reyes, Mr. Jimmy 8 1 2 3 24,26 ETI, Pasay City
Department Manager Dept.
Training Institute
Chua and Atty. Elmo Stephen
Triste
Institute of Tower Club,
Enhancing Board Performance Private Sector LRTA Board of
64 September 25, 2019 4 1 0 1 - Representative Directors
Corporate Philamlife Tower,
Series
Directors Makati City
2017 Rules on Administrative
Center for Global Manila Marriott
65 September 27, 2019 Cases in the Civil Service 8 0 1 1 23 Attorney IV Legal Department
Best Practices Hotel, Pasay City
(RACCS)
Urban Transport for Livable
Cities Forum (attended by ADB Auditorium,
PE B, Supervising Engineer
Engr. DKJGuison, Engr. Line 1 RSIS Division -IGM Asian ADB
66 September 30- October 4, 2019 40 4 1 5 16-22 A, Senior Engineer A,
IDDacul, Engr. ETCantuba, Jr., TOSC A,
Division
Development Bank Headquarters,
Engr. JMCMillevo, Engr. Mandaluyonh City
MVSumayo)
Richbelt Tower,
Effective Warehouse and Sr. Warehouse Officer, Business Coach,
68 October 8, 2019 8 1 1 2 10,15 Supply Officer C
GSD Greenhills, San
Inventory Management Inc.
Juan City
Principal Engineer B, ADB
Railway Infrastructure Asset Supervising Property Asian
69 October 8-11, 2019 32 5 0 5 18,21,22 Officer, Property
Engineering, AMD Headquarters,
Management Training Development Bank
Officer V Manila
Page | 35
attendees
Male Female Total
AGIA Annual Convention Cum

Association of
Seminar: "Internal Audit Department Manager Waterfron Cebu
Government
70 October 8-11, 2019 Resilience and Accountable 32 0 3 3 9,22,26 A, Internal Auditor IV, IAD City Hotel, Cebu
Secretary A Internal Auditors
Governance, Six Decades City
(AGIA), Inc.
After"
Certified Security Professional Philippine Society

Midas Hotel and
(CSP) Review Program Course Civil Security of industrial
71 October 15-18 & 26, 2019 40 1 0 1 15 SSD Casino, Roxas
(attended by Mr. Rommel L. Officer B Security
Blvd., Pasay City
Ramos) International
67th PSME Convention 2019
(Attended by Engr. Castillo,
Line 1 South Extension Philippine Society
Engr. Deleon and Engr PE A, PE B, Senior Project /Line 1 RSIS SMX Convention
72 October 16-19, 2019 32 4 2 6 16-21 od Mechanical
Froyalde, Egnr Espiritu, Engineer A Division -IGM Division / Line
Center, Pasay City
2 East Extension Project Engineers
Ceruelos and Engr.
Buenconsejo)
Planning Department, Line

2nd Philippine Railway Division Manager ,
2 West Extension Project,
Department Manager Mykar Events Shangrila the Fort,
73 October 16-17, 2019 Modernization and Expansion 16 4 3 7 24-26 Concession Agreement
A,Board Secretary V
Management Team, Philippines BGC Taguig City
Summit ,Project Manager
Administrative Department
Unit 201 Richbelt

Tower, 17
How to Handle Difficult Transport Operations Business Coach
74 October 16, 2019 8 1 1 17 Station Operations Division Annapolis St.
Customers Supervisor B
Inc.
Greenhill, San
Juan City
Page | 36
attendees
Male Female Total
Sr. Corporate Accountant A, Sr. Association of

AGAP Annual Convention- Corporate Accounts Analyst, Sr.
Accounting Processor A, Government Atrium Limketkai
Seminar: "Linking Financial Cashiering Services Chief A, Budget, Accounting,
75 October 23-26, 2019 32 0 8 8 9-22 Accountants of the Center, Cagayan
Resilience and Good Secretary A, Financial Planning Treasury
Assistant A, Sr. Corporate Philippines de Oro City
Governance" Budget Analyst, Corporate
Budget Analyst A (AGAP), Inc.
Project Discovery Suites,

2-day Introduction to Project
Lines 1 & 2 Rehabilitation management ADB Avenue,
76 October 24-25, 2019 Management Training (Engr. 16 2 2 21 Principal Engineer B
Project Institute Philippine Ortigas Center,
Caluya & Engr. Zulueta)
Chapter Pasig City
Engineer A, Senior
PICE 45th Ntional Convention Philippine Society SMX Convention
77 October 28-30, 2019 24 7 2 9 12-22 Engineer A, Principal Line RSIS Division
and Technical Conference Engineer B of Civil Engineers Center, Pasay City
Office of the Institute of Tower Club,

Administrator, Board
Corporate Governance Administrator,
78 October 30, 2019 8 3 0 3 24,30 Secretary, Board Corporate Philam Life Tower,
Orientation Program CORSEC, Board
Member Directors (ICD) Makati City
Member
Corplan Analyst, Korea Trade

12,15,23,24 Attorney IV, Division Planning, CPRD, L1- Peninsula Hotel,
80 November 6-7, 2019 Korea-ASEAN Project Plaza 16 5 1 6 Manager, Department SEP, Legal
Investment
,26 Manila
Manager Promotion Agency
Page | 37
attendees
Male Female Total
Finance Officer B,
Phlippine
PAGBA 4th Quarter Seminar & Corporate Accounts Association of
Analyst, Cashier, Budget, Accounting, Bohol Tropics
Meeting: "Public Financial Government
81 November 6-9, 2019 32 3 8 11 11-20 Accounting Processor, Treasury, Resorts,
Management in a Difficult & Finance Services Chief, Procurement Budget
Tagbilaran City
Changing Environment" Materials Planning Officer, Administration
Procurement Analyst
(PAGBA), Inc.
Sulu Riviera Hotel,

Civil Service Matalino St.,
82 November 12-14, 2019 Competency-Based HR 24 0 2 2 15,18 Training Specialist HRMD
Institute Diliman, Quezon
City
Senior Property
Effective Supervisory Skills Officer, Senior Line 1 South
(Advance Course) Attended by Community Relations Extension Project / Personnel Officer Natures Village
83 November 12-15, 2019 Ms. LMFaustino, Ms. 32 3 3 11-18 Officer, Administrative Line 2 East Association of the Hotel, Bacolod
RSCacatian and Ms. Services Officer B, Extension Project, Philippine, Inc. City
HRM Officer, Cashier
TSSantos) A
HRMD
VRP Paralegal Training Council for the

CRVF Training
"Module 2: Dispute Resolution, Legal Researcher, Legal Restoration of
84 November 12-15, 2019 32 0 2 2 12,13 Legal Institute, Baguio
Restorative Justice & Relevant Assistant Filipino Values
City
Labor Laws" (CRFV)
Internal Control System and Association of
Warehouse Officer,
Property and Supply GSD, Procurement, Government Hotel Kimberly,
85 November 13-15, 2019 24 3 1 4 11,12,14,15 Procurement Analyst,
Management (Appraisal and Property Officer AMD Internal Auditors Malate Manila
International Conference on Office of the Deputy Development DAP Conference
Deputy Adminidtrator for
86 November 14-15, 2019 Public Sector Productivity 16 1 1 28 Operations and Engineering
Administrator for Operations Academy of the Center, Tagaytay
and Engineering
(Attended by Mr. PYChua) Philippines City
Page | 38
attendees
Male Female Total
Engr. Jemmar L.
Echo Training on 67th
Senior Engineer A, Principal Castillo, Engr. Line 1 RSIS
Philippine Society of Engineer B, TOSC A, TOSC Line 1 RSIS Divison - IGMU
87 November 15, 2019 7 2 9 16-21 Lucille C. De Leon Division IGM
Mechanical Engineers National B, Administrative Services , Train KPI Division
Assistant A and Engr. Junbrian Division
Convention
S. Froyalde)
Government
Contract Review Symposium Corplan Analyst, Attorney Dusit Thani,
88 November 18, 2019 8 2 2 4 12,23,24 CPRD, Legal, Corsec Commission for
for GOCCs IV, Board Secretary
Makati City
GOCCs (GCG)
Unit 201 Richbelt

Creative Problem Solving and
Tower, 17
Decision Making (Mr. Mervin G. System Administration Business Coach
89 November 19, 2019 8 2 2 10 Data Encoder-Controller Annapolis St..,
Manalo and Mr. Gerald B. Division Inc.
Greenhills, San
Umali)
Juan City
CSI Leadership Series

Principal Engineer A,
"Disruptive Leadership" Line 2 East Extension Civil Service
90 November 20, 2019 8 3 0 3 21,22 Supply Officer IV, CSI, Batasan, QC
(Attended by Engr. DJS Procurement Services Chief
Project, GSD, Procurement Institute
Buenconsejo)
Marriott Grand
2019 Revised Corporation Legal Assistant, Legal Center for Global
91 November 20, 2019 8 2 1 3 12,14,23 Legal Ballroom, Pasay
Code of the Philippines Researcher, Attorney IV Best Practices
City
Page | 39
attendees
Male Female Total
CES Lifelong Learning for

DA for Operations and Office of the DA for Career Executive Vista Hotel,
92 November 20-21, 2019 Leadership Congress (Attended 16 1 1 28 Engineering Operations and Engineering Service Board Tagaytay
by Mr. PYChua)
Preparation of the Project

Procurement Management Plan Association of
Principal Engineer, Property
(PPMP) and Annual PMO-Rehab, AMD, Government Hotel Kimberly,
93 November 20-22, 2019 24 2 2 4 13,15,18,21 Officer, MIS Analyst,
KMITD, Procurement
Procurement Plan (APP): Procurement Analyst Internal Auditors Malate Manila
Concepts, Principles and (AGIA), Inc.
Techniques
Philippine Institute
Culture of Excellence
of Certified Public PICPA Building,
94 November 23, 2019 Leadership and Loyalty (CELL) 8 0 1 1 22 Internal Auditor IV IAD
Accountants Mandaluyong City
Program
(PICPA), Inc.
Personnel Officers
Chateau Royal
Values Critical Components of Association of the
95 November 26, 2019 32 0 1 1 18 Sr. Cashier HRMD Hotel, Nasugbu
Enhanced Performance Phlippines
Batangas
(POAP), Inc.
Page | 40
attendees
Male Female Total
Association of
Government Procurement
Government Hotel Kimberly,
96 November 27-29, 2019 Reform Act (RA 9184) and its 24 0 2 2 11,15 Internal Auditor IAD
Internal Auditors Malate Manila
Revised IRR and Updates
(AGIA), Inc.
2019 Luzon Convention of

Department Manager,
Human Resource Management Division Manager, Human
Administrative Civil Service Puerto Princesa
97 November 27-29, 2019 Practitioners (LCHRMP): 24 2 3 5 22,24,26 Resource Officer,
Department, HRMD
Supervising IRM Officer, Commission City, Palawan
"Adding Value to our Heroes, Training Specialist
Amidst Challenging Times"
Effective Communications and Secretary A, Public Camelot Hotel,

Relations Assistant, JVD Training
98 November 27-29, 2019 Importance in Handling 24 0 3 3 8,9,18 Public Ralations
BDPRD, PRD Diliman, Quezon
Services
Customer Complaints Officer City
IIEE 44th Annual national

Convention and 3Expo 2019
Engineer A, Senior Institute of
(Attended by Engr. Engineer A, principal
Line 1 SEP and RSIS Integrated SMX Convention
99 November 27-30, 2019 RTCabanilla, Engr. HQTusing, 32 7 7 14-24 Engineer B, Division
Manager A, Division
Division, IAD
Ellectrical Center, Pasay City
Engr. CJLegaspi, Engr. Manager A Engineers
FAArchivido, Engr.
RTAcantilado, Engr.RAFlores)
Page | 41
attendees
Male Female Total
International Electronics
Conference and Exposition
Philippines (IECEP) 69th
IECEP - QC ABS CBN Veris
100 November 28-30, 2019 Annual General Membership 24 1 1 20 Principal Engineer C Line 1 SEP
Chapter Tent, Quezon City
Meeting and Convention
(Attended by Engr.
CAMOlpindo)
Philippine Institute
Risk Management and
of Certified Public PICPA Building,
101 November 30, 2019 Performance Using the COSO 8 0 1 1 22 Internal Auditor IAD
Accountants Mandaluyong City
Model
(PICPA), Inc.
Council for the

VRP Paralegal Training: Legal Assistant, CRFV Training
Restoration of
102 December 3-6, 2019 "Module 1: Philippine Basic 32 0 2 2 12,13 Procurement Analyst Legal Department Institute, Baguio
A (detailed) Filipino Values
Legal System" City
(CRFV)
Page | 42
attendees
Male Female Total
Association of
Internal Audit Government Hotel Kimberly,
103 December 4-6, 2019 Information System Audit 24 0 3 3 18,22 Internal Auditor
Department Internal Auditors Malate, Manila
(AGIA), Inc.
AHA Essential Package (BLS,

Dr. Fe Del Mundo Banawe St.,
104 December 16-18, 2019 ACLS with Basic RCG and 24 0 2 2 15 Nurse II Medical Unit
Medical Center Quezon City
Pharmacology)
Seminar and Demonstration on

ICT Construction and Bases Conversion
Engineer B and Principal Clark Convention
105 December 18, 2019 Positioning Satellite Utilization 8 2 2 12-22 IRLO / RSIS Division Development
Engineer A Center
in Clark (Engr. JZBernales and Authority
Engr. JCuaresma)
Page | 43
attendees
Male Female Total
2-day Introduction to Project

Management Training (Engr. N Project
Senior Engineer A, Lines 1 & 2 Rehabilitation Discovery Suites,
Baydo, Engr. Rcorrea, Engr. Management
Principal Engineer Project, Line 1 South ADB Avenue.
106 December 19-20, 2019 WTGorre, Engr. JDAlamar, 16 6 1 7 16-24 Institute
A, Project Extrension Project, Line Ortigas Center,
Engr. DENoche, Engr. 2 East Extension Project Philippines
Manager A Pasig City
Pesquera and Ms. Chapter Inc
ECPalaypayon)
Sub-Total B 183 117 300
Page | 44
attendees
Male Female Total
D. OTHER ACTIVITIES
Sociocultural Activities (Flag Social Hall, Line 2

1 January to December 2019 - All LRTA Employee LRTA
Ceremony & First Friday Mass) Depot
Pre-Training Orientation for Social Hall, Line 2

2 March 1, 2019 4 12 19 31 - Applicants - -
AFCS Contactless Trainees Depot
Roads and Traffic Expo PH (Mr.

DA for Operations and Office of the DA for Terrapinn Pte Ltd SMX Convention
3 October 1-2, 2019 PY Chua was invited as Resource 1 1 28 Engineering Operations and Engineering
2019 Center, Pasay City
Speaker)
2nd Philippine Railway

Modernization and Expansion Division Manager A / Deputy
SSD / Office of the DA for Mykar Events Shangrila the Fort,
4 October 16-17, 2019 Summit (Mr. JLChua and PYChua 2 2 24 & 28 Administrator for Operations
and Engineering
Operations and Engineering Philippines BGC Taguig City
was invited as Resource Person
/Panelist)
Page | 45
attendees
Male Female Total
PRTC Training
Pre Training Orientation for Train Philippine Railway Room, LRTA Line
5 December 5 & 9, 2019 2 28 1 29 - Applicants -
Driving Level II Training Training Center 2 Depot, Santolan,
Pasig City
Sub-Total D 43 20 63
Grandtotal A+B+C+D 2259 1265 3524
Prepared by: Noted by:
Page | 46

2019 Annual Report

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2019 Annual Report

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2019

LRTA Key Officials

Cover photo by jjopolicar19

LRTA 2019 Annual Report | 3

Photo by Gabriel Guttierez

LRTA 2019 Annual Report | 5

Goal 1 Goal 2 Goal 3

Goal 4 Goal 5 Goal 6

3. Increase employees’ awareness and

LRTA 2019 Annual Report | 7

Photo by Mark Lester S. Cayabyab

LRTA 2019 Annual Report | 9

Designation: Chairman Designation: Member Designation: Member

Academic Qualifications: Academic Qualifications: Academic Qualifications

LRTA 2019 Annual Report | 10

Designation: Member Designation: Member Designation: Member

Academic Qualifications: Academic Qualifications: Academic Qualifications:

LRTA 2019 Annual Report | 11

Designation: Member Designation: Member Designation: Member

LRTA 2019 Annual Report | 12

1. Gen. Reynaldo I. Berroya (LRTA Adminstrator)

2. Atty. Dimapuno R. Datu (Private Sector Representative)

3. Assistant Secretary Jonathan L. Uy (NEDA)

4. Assistant Secretary Roderick M. Planta (NEDA)

LRTA 2019 Annual Report | 13

LRTA 2019 Annual Report | 14

LRTA KEY OFFICIALS

Photo by Christian M. Salazar

LRTA 2019 Annual Report | 16

Paul Y. Chua PhD, CESE

Atty. Jose Jobel V. Belarmino

Members of the Management Committee

Eleanore T. Domingo Felix Gerard R. Leyson Engr. Lorelie L. Reyes

Annabelle C. Ganancial Nicolas G. Ombao Eleanore C. Palaypayon

Prima M. Tapia Antonio R. Laigo, Jr Julilto Z. Bernales

Marilou B. Liscano Engr. Federico J. Canar Jimmy Chua

LRTA 2019 Annual Report | 17

Photo by Elijah Roy V. Daquil

RESILIENCY AND DETERMINATION.

Through continuous close coordination and cooperation, the Department of

LRTA 2019 Annual Report | 21

LRTA 2019 Annual Report | 23

LRT 2 Sta. Mesa Station. Photo by Christian M. Salazar

Photo by Mark Vincent G. Valerio

LRTA 2019 Annual Report | 26

LRTA 2019 Annual Report | 27

Target Variance from Variance from

Ridership 65.88 56.98 64.70 -13.51% -11.93%

Daily Average 182,480 159,615 179,211 -12.53% -10.93%

Highest Daily Ridership 249,701 241,125 -3.56%

Date 06 Sept (Friday) 02 Feb (Friday)

LRTA 2019 Annual Report | 28

Line 2 Monthly Comparative Ridership

LRTA 2019 Annual Report | 30

LRTA 2019 Annual Report | 31

Load Factor during Peak-Hour

Actual 2019 Actual 2018

Acceptable level of Load Factor: 44-65%

Line 2 Rail Revenue

LRTA 2019 Annual Report | 32

Meanwhile, rental collection posted a negative perf %

number of educational tours and promotional Miscellaneous 363,261 546,351 -33.51%

Operating Expense 2019 2018 % Inc./Dec.