Republic of the Philippines METRO KIDAPAWAN WATER DISTRICT Lanao, Kidapawan City CONDENSED STATEMENT OF INCOME & EXPENSES ‘As of December 31. 2014 a EE Sener This Month Year to Date INCOME: : : General Income: s - Services Income - Waiter Sales 10,321,907.96 128,993,967.58 Fines & Penalties 627,018.75 8,200,441.79 Other Income 458,988.44 6,075,477.19 ‘GROSS INCOME: : 11,407,915.15 143,269,886.56 LESS: EXPENSE: e : : me Personal Services 802,141.13 _55,014,390.94 Maintenance & Other Operating Expense 7,398,685.84 49,213,204.52 Financial Expenses 2,319.49 12,557.30 TOTAL EXPENSES: 14,203,146.46 104,240,152.76 INCOME (LOSS) FROM OPERATIONS: (2,795.231.31) 39,029,733.80 ADD: Interest and Other Revenue: - 11,628.02 61,740.38, INCOME BEFORE OTHER CHARGES _ (2,783,603.29) _—_39,091,474.18 LESS: Other Charges: : : Interest Charges = : 1,917,638.69 23,415,596.78 TOTAL Other Charges = 1,917,638.69 23,415,596.78 NET INCOME (LOSS) 5 (4,701,241.98) 15,675,877.40 Prepac by : Cente Loree e _ yeni ELSIE N. bite nax, MBA LALAINE A. WITARA, MPS processes suena Noted by: STELLA M. GONZA\ ‘General ManagerRepublic of the Philippines — METRO KIDAPAWAN WATER DISTRICT Lanao, Kidapawan City CONDENSED BALANCE SHEET As of December 2014 ASSETS ‘CURRENT ASSETS ‘Cash and Cash Equivalent 15,850,369.26 Receivables 19,140,742.91 Inventories 23,747,835.93 Prepayments 968,688.39 (Other Current Assets TOTAL CURRENT ASSETS 159,707, 636.49 NON-CURRENT ASSETS Property Plant and Equipment, net 418,427,557:31 ‘TOTAL NON-CURRENT ASSETS 418,427,587.31 TOTAL ASSETS 478,135,193.80 LIABILITIES ‘CURRENT LIABILITIES Payables 32,895,278.34 Other Liability Account 1,606,205.67 ‘TOTAL CURRENT LIABILITIES 34,501,484.01 NON-CURRENT LIABILITIES ‘Mortgnge/Bonds/Loans Payable 238,080,700.12 ‘TOTAL NON-CURRENT LIABILITIES 238,080,700.12 ‘TOTAL LIABILITIES 272,582,184.13 EQUITY EQUITY Government Equity 189,397,564.81 Prior Year's Adjustment 479,567.46 Retained Earnings ‘Current Year Earnings 15,675,877.40 Total Equity 208,553,009.67 TOTAL LIABILITIES AND EQUITY 478,135,193.80 Prepared by: Certified meee [jvv/t— ELSIE N. GUILARAN, MBA LALAINE Sa MPS zr OIC Accounting & Budget Division Dept. Manager C, Finance Services Noted by: ONZAL ‘General Manager