SCHOOLS DIVISION OFFICE

San Carlos City, Pangasinan

STATEMENT OF CASH FLOWS
CONSOLIDATED FINANCIAL STATEMENT (ALL FUNDS)
For the Year Ended December 31, 2021
(With Comparative Figures from CY 2020)
(In Philippine Peso)
2021 2020
Cash Flows From Operating Activities
Cash Inflows
Receipt of Notice of Cash Allocation 1,105,925,266.33 936,015,821.19
Receipt of Assistance and Subsidy from Other NGAs, LGU and GOCCs - -
Collection of Income/Revenues - -
Collections from Bidding Documents - -
Collection of Receivables - -
Collections from Siringan Sanctuary - 356,532.00
Collections from Seminar/Training Fees - 6,800.00
Assistance from Local Government Units - -
Assistance from Local Grants and Donations in Cash 10,000.00 60,000.00
Collection of Long-Term Loans - -
Collection of Loans 12,766,211.33 6,092,845.96
Collection of Interest 1,366,701.53 741,303.48
Receipt of Allotment from Regional Office 715,538.76 6,641,168.49
Collections from Rent/Lease Income - 15,090.00
Collections from Grants and Donations in Cash - -
Guaranty/Security Deposits Payable - -
Collections from Receivables from Other Funds 799,413.76 23,185,678.31
Constructive Receipt of NCA for TRA - -
Receipt of Inter-Agency Fund Transfer - -
Receipt of Intra-Agency Fund Transfer - -
Income from Printing and Publication - -
Trust Receipts - -
Other Receipts - -
Adjustments/Financial Assistance from RO - -
Adjustments 118,632.67 48,017.84
Total Cash Inflows 1,121,701,764.38 973,163,257.27
Cash Outflows
Remittance to National Treasury 103,744.73 47,840.98
Payment of Expenses 1,065,960,715.18 905,568,642.58
Purchase of Inventories - -
Purchase of Office Supplies - -
Purchase of Accountable Forms - -
Grants of Loans - -
Grant of Cash Advances - 951,363.78
Cash Payment of Loans Releases 14,846,137.78 15,110,555.56
Cash Payment of Operating Expenses 227,426.85 458,034.52
Payments of Accounts Payable - -
Remittances of Taxes Withheld not Covered by TRA 6,282.07 11,674.41
Remittance to National Treasury - -
Remittance of Personnel Benefit Contributions and Mandatory Deductions 36,070,276.76 29,518,831.86
Payment of Expenses - -
Purchase of Property, Plant & Equipment - 96,106.87
Prepayments 332,721.04 -
Refund of Deposits 1,958,093.10 -
Refund of overpayment 291.94 22,337.48

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 Grant of Financial Assistance/Subsidy - -
Release of Inter-Agency Fund Transfers - -
Other Disbursement - 23,361,018.79
Reversal of Unutilized NCA - -
Adjustments/Refund of overpayment of prior year collection - -
Adjustments 2,500,481.77 0.81
Total Cash Outflows 1,122,006,171.22 975,146,407.64
Net Cash Provided by (Used in) Operating Activities (304,406.84) (1,983,150.37)
Cash Flows from Investing Activities
Cash Inflows
Proceeds from Sale/Disposal of Property, Plant and Equipment - -
Adjustment
Total Cash Inflows - -
Cash Outflows
Total Cash Outflows
Net Cash Provided by (Used In) Investing Activities - -
Net Cash Provided by (Used in) Financing Activities
Increase (Decrease) in Cash and Cash Equivalents (13,406.84) (1,983,150.37)
Effects of Exchange Rate Changes on Cash and Cash Equivalents - -
Cash and Cash Equivalents, January 1 4,166,825.35 6,149,975.72
Cash and Cash Equivalents, December 31 4,153,418.51 4,166,825.35

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