Contract ID No.

: 22IF0003
Project Name: CONSTRUCTION OF TABUNOK FLOOD CONTROL
Location: ISABEL LEYTE
Contract Amount: Php 19,011,850.35
Start Date: February 21, 2022

MOBILIZATION (15%)

Approved Budget for the Contract 19,599,997.66 2,851,777.55

VAT 5% 874,999.90 127,311.50
Withholding Tax 2% 349,999.96 50,924.60
Project Cost Net of Taxes 18,374,997.81 2,673,541.46
10% Retention
Recoupment from Advance Payment
2,673,541.46
FLOOD CONTROL

FIRST BILLING (25%) SECOND BILLING (55.25%) THIRD BILLING (86.07%)

4,753,750.68 6,075,571.19 6,040,281.11

180,393.14 230,546.23 214,856.41
72,157.26 92,218.49 85,942.56
4,501,200.28 5,752,806.47 5,739,482.13
475,375.07 475,217.45
712,994.39 911,335.68 1227497.48
3,312,830.82 4,366,253.34 4,511,984.65
TOTAL

19,721,380.53 16,869,602.98 2,730,394.68

753,107.28 625,795.78
301,242.92 250,318.32
18,667,030.34 15,993,488.88
950,592.52
2,851,827.55
14,864,610.27
Contract ID No. 22IF0067
Project Name: CONSTRUCTION OF ROAD AT BRGY. PATAG
Location: Ormoc City
Contract Amount: Php 4,925,249.40
Start Date: May 23, 2022

MOBILIZATION (15%) FIRST BILLING

60.05%

Approved Budget for the Contract 4,925,249.40 2,957,466.82

VAT 5% 219,877.21 132,029.77
Withholding Tax 2% 87,950.88 52,811.91
Project Cost Net of Taxes 4,617,421.31 2,772,625.14
10% Retention 295,746.68
Recoupment from Advance Payment
2,476,878.46
 TOTAL

1,468,468.42 499,314.00 4,925,249.24 0.16

65,556.63 22,290.81 132,029.77
26,222.65 8,916.32 52,811.91
1,376,689.14 468,106.87 2,772,625.14
295,746.68
-
2,476,878.46
Project Name: ROAD NETWORK ROAD CONCRETING
Location: Brgy. Sumanga, Ormoc City, Leyte
Contract Amount: Php 9,760, 690.59
Start Date: July 4, 2022

MOBILIZATION (15%) FIRST BILLING

Approved Budget for the Contract 9,760,690.59 1,464,103.59

VAT 5% 435,745.12 -
Withholding Tax 2% 174,298.05 -
Project Cost Net of Taxes 9,150,647.43 1,464,103.59
10% Retention - -
Recoupment from Advance Payment - -
9,150,647.43 1,464,103.59
TOTAL

1,464,103.59 8,296,587.00
- 370,383.35
- 148,153.34
1,464,103.59 7,778,050.31
-
-
1,464,103.59
Contract ID No.: 22If0083
Project Name: CONCRETING OF ROAD AT BRGY. PATAG, FMR
Location: Brgy. Patag, Ormoc City
Contract Amount: Php 11,581,666.59
Start Date: May 25, 2022

MOBILIZATION FIRST BILLING

16.35%

Approved Budget for the Contract 11,581,666.59 1,893,860.37

VAT 5% 517,038.69 84,547.34
Withholding Tax 2% 206,815.47 33,818.94
Project Cost Net of Taxes 10,857,812.43 1,775,494.10
10% Retention 189,386.04
Recoupment from Advance Payment
1,586,108.06
SECOND BILLING THIRD BILLING FOURTH BILLING TOTAL
40.19% 0.70 89.56

2,760,712.93 3,476,716.24 2,561,892.83 10,693,182.37

123,246.11 155,210.55 114,370.22 477,374.22
49,298.45 62,084.22 45,748.09 190,949.69
2,588,168.37 3,259,421.47 2,401,774.52 10,024,858.46
276,071.29 113,626.00 579,083.33
-
2,312,097.08 3,145,795.47 2,401,774.52 9,445,775.13
Contract ID. No.: 22If0075
Project Name: Construction of Road at Brgy. Sumanga
Location: Ormoc City, Leyte
Contract Amount: Php 4,949,439. 58
Start Date: May 23, 2022

MOBILIZATION

Approved Budget for the Contract 4,949,439.58

VAT 5% 220,957.12
Withholding Tax 2% 88,382.85
Project Cost Net of Taxes 4,640,099.61
10% Retention
Recoupment from Advance Payment
FIRST BILLING TOTAL
32.43%

1,604,991.27 3,344,448.31 1,604,991.27 3,344,448.31

71,651.40 149,305.73 71,651.40
28,660.56 59,722.29 28,660.56
1,504,679.32 3,135,420.29 1,504,679.32
160,499.13 160,499.13
-
1,344,180.19 1,344,180.19
Contract ID No.: 22IG0031
Project Name: CONSTRUCTION OF ROAD AT BRGY. TEMPLANZA TO BRGY. MONTE ALEGRE
Location: Matalom Leyte
Contract Amount: Php 19, 304,040.06
Start Date: February 23, 2022

MOBILIZATION FIRST BILLING

50.86%

Approved Budget for the Contract 19,304,040.06 9,818,635.72

VAT 5% 861,787.50 438,331.95
Withholding Tax 2% 344,715.00 175,332.78
Project Cost Net of Taxes 18,097,537.56 9,204,970.99
10% Retention 981,863.57
Recoupment from Advance Payment
8,223,107.42

BID DOCS

BAC 2.061%
B.O. 3.092%
A TO BRGY. MONTE ALEGRE

TOTAL
89.00%

7,361,959.93 17,180,595.65 9,485,404.34

328,658.93 766,990.88
131,463.57 306,796.35
6,901,837.44 16,106,808.43
736,195.99 1,718,059.57
-
6,165,641.44 14,388,748.86
Percentage of Completion 70.02% 100%
Percentage of Work that still has to be perfor 29.98% 0%
Percenntage of Work already Billed 86.07% 60%
Tabunok Patag
Total Billings 19,721,380.53 4,925,249.24
VAT 5% 753,107.28 132,029.77
Withholding Tax 2% 301,242.92 52,811.91
Project Cost Net of Taxes 18,667,030.34 2,772,625.14
10% Retention 950,592.52 295,746.68
Recoupment from Advance Payment 2,851,827.55 -
TOTAL CASH INFLOW FROM THE PROJECT 14,864,610.27 2,476,878.46

Less: Cash Outflows

Steel Bar 546,789.00 20,690.00

Cement 362,911.00 1,035,131.00
Aggregates 784,302.00 431,840.00
Nails 12,363.75 2,347.50
RCPC
Wood 183,609.00 28,260.00
Checks Charge 3,003,494.13 1,230,832.15
Payroll 404,763.69 166,486.00
Fuel 1,055,544.95 426,782.88
Miscellaneous Expense 1,069,002.31 26,885.01
TOTAL CASH OUTFLOW FROM THE PROJECT 7,422,779.83 3,369,254.54

TOTAL CASH GENERATED 7,441,830.44 - 892,376.08

Cost with claimbale INPUT VAT 2,945,519.70 1,945,051.38

12 Percent INPUT VAT 353,462.36 233,406.17
 0.00% 40.53% 61.77% 21.16%
100.00% 59.47% 38.23% 78.84%
Mobilization Fee Only 89.56% 32.43% 89.00%
Sumanga Road Network Patag FMR SUMANGA 5M Monte Alegre
1,464,103.59 10,693,182.37 1,604,991.27 17,180,595.65
- 477,374.22 71,651.40 766,990.88
- 190,949.69 28,660.56 306,796.35
1,464,103.59 10,024,858.46 1,504,679.32 16,106,808.43
- 579,083.33 160,499.13 1,718,059.57
- - - -
1,464,103.59 10,603,941.79 1,344,180.19 14,388,748.86

26,972.00 11,830.00 30,799.00

1,030,270.00 154,965.00 302,284.00
393,385.00 48,000.00 1,220,653.75
365.00 3,700.00 3,111.00
52,000.00
10,180.00 3,700.00 43,914.00
1,226,235.62 103,202.05 755,164.24
319,807.25 17,775.00 272,374.00
454,588.30 999.84 422,440.60
44,875.00 10,825.00 75,337.50
3,506,678.17 354,996.89 3,178,078.09

1,464,103.59 7,097,263.62 989,183.30 11,210,670.77

- 1,915,760.30 223,194.84 2,075,202.35###

- 229,891.24 26,783.38 249,024.28###
TOTAL
55,589,502.66
2,201,153.54
880,461.42
50,540,105.27
3,703,981.22
2,851,827.55
45,142,463.16
-
-
-
637,080.00
2,885,561.00
2,878,180.75
21,887.25
52,000.00
269,663.00
6,318,928.19
1,181,205.94
2,360,356.57
1,226,924.82
17,831,787.52
-
27,310,675.64

9,104,728.57
1,092,567.43 -
Percentage of Completion 70.02% 100%
Percentage of Work that still has to be performed 29.98% 0%
Percenntage of Work already Billed 86.07% 60%
Tabunok Patag
TOTAL PROJECT COST 19,599,997.66 4,925,249.40
Less: Total Amount Already Billed 16,869,602.98 2,957,466.82
TOTAL AMOUNT STILL TO BE BILLED 2,730,394.68 1,967,782.58
Add: Retention Still to be Recouped 950,592.52 295,746.68
EXPECTED AMOUNT OF CASH FLOW STILL TO BE RECEIVED 3,680,987.20 2,263,529.26

PROJECTED COST
Material Cost 868,655 0
Fuel Cost 174,800 0
Labor Cost 340,000 0
Other Costs
TOTAL PROJECTED COST 1,383,455 0

EXPECTED NET CASHFLOW (Before Taxes) 2,297,532.20 2,263,529.26

Computation of Earnings (Cost) in Excess of Billings

Tabunok Patag
Total Amount already billed 16,869,602.98 2,957,466.82
Amounts supposed to have been billed 13,723,918.36 4,925,249.40
EARNINGS (COST) in EXCESS OF BILLINGS 3,145,684.62 - 1,967,782.58

EARNINGS FROM EACH PROJECT

Tabunok Patag
TOTAL PROJECT COST 19,599,997.66 4,925,249.40
Less: Expected Total Cost 1,383,455 0
Cost to Date 7,422,779.83 3,369,254.54
Total Cost for each Project 8,806,235 3,369,255

TOTAL INCOME FROM PROJECT 10,793,762.83 1,555,994.86

Tabunok Patag
Total Revenue Reported per Project 13,723,918.36 4,925,249.40
Total Cost per Project 7,422,779.83 3,369,254.54
6,301,138.53 1,555,994.86

Contribution to the Total Income Generated by each Proje

12,000,000.00

10,000,000.00
 Contribution to the Total Income Generated by each Proje

12,000,000.00

10,000,000.00

8,000,000.00

6,000,000.00

4,000,000.00

2,000,000.00

-
Tabunok Patag Sumanga Patag FM
 0.00% 40.53% 61.77% 21.16%
100.00% 59.47% 38.23% 78.84%
Mobilization Fee 89.54% 32.43% 89.00%
Sumanga Patag FMR Sumanga 5M Monte Alegre TOTAL
9,760,690.59 11,581,666.59 4,949,439.58 19,304,040.06 70,121,083.88
1,464,103.59 10,693,182.37 1,604,991.27 17,180,595.65 50,769,942.68
8,296,587.00 888,484.22 3,344,448.31 2,123,444.41 19,351,141.20
0 579,083.33 160,499.13 1,718,059.57 3,703,981.22
8,296,587.00 1,467,567.55 3,504,947.44 3,841,503.97 23,055,122.42
-
-
4,876,969 1,130,900 821,800 7,680,894 15,379,218.00
2,644,493 0 0 1,234,640 4,053,933.00
1,276,000 135,000 135,000 1,276,000 3,162,000.00
-
8,797,462 1,265,900 956,800 10,191,534 22,595,151.00
-
- 500,875.00 201,667.55 2,548,147.44 - 6,350,030.03 459,971.42

Sumanga Patag FMR Sumanga 5M Monte Alegre

1,464,103.59 10,693,182.37 1,604,991.27 17,180,595.65 50,769,942.68
0 4,694,049.47 3,057,268.83 4,084,734.88 30,485,220.94
1,464,103.59 5,999,132.90 - 1,452,277.56 13,095,860.78 20,284,721.75

Sumanga Patag FMR Sumanga 5M Monte Alegre

9,760,690.59 11,581,666.59 4,949,439.58 19,304,040.06 70,121,083.88
8,797,462 1,265,900 956,800 10,191,534 22,595,151.00
- 3,506,678.17 354,996.89 3,178,078.09 17,831,787.52
8,797,462 4,772,578 1,311,797 13,369,612 40,426,938.52

963,228.59 6,809,088.42 3,637,642.69 5,934,427.97 29,694,145.36

Sumanga Patag FMR Sumanga 5M Monte Alegre

- 4,694,049.47 3,057,268.83 4,084,734.88 30,485,220.94
- 3,506,678.17 354,996.89 3,178,078.09 17,831,787.52
- 1,187,371.30 2,702,271.94 906,656.79 - 12,653,433.42

come Generated by each Project

come Generated by each Project

Sumanga Patag FMR Sumanga 5M Monte Alegre

 PROJECTED NET INCO
Tabunok Patag Sumanga
AMOUNT ALREADY REALIZED 13,723,918.36 4,925,249.40 -
Less: Expenses 7,422,779.83 3,369,254.54 -
GROSS PROFIT 6,301,138.53 1,555,994.86 -
Less:
General and Administrative Expense
VAT Expense
Output Vat
Less: Input Vat
Other Income (Expenses)
Income Tax Expense
MIDYEAR NET INCOME

Tabunok Patag Sumanga

TOTAL PROJECT COST 19,599,997.66 4,925,249.40 9,760,690.59
Less: Amount already Realized 13,723,918.36 4,925,249.40 -
Total Amount Still To be Realized 5,876,079.30 - 9,760,690.59
Less:
Projected Cost 1,383,455.00 - 8,797,462.00
PROJECTED GROSS PROFIT
Less:
Projected General and Administrative Expenses
Projected 13th Month and Bonus
Projected VAT Payable
OUTPUT VAT
Amount With Claimable INPUT VAT 1,208,655.00 0 7,521,462.00
0.12 0.12 0.12
Less: INPUT VAT 145,038.60 - 902,575.44
Other Income
PROJECTED NET INCOME BEFORE TAX
Less: Corporate Income Tax
PROJECTED NET INCOME AFTER TAX

TOTAL PROJECT NET INCOME

D NET INCOME
Patag FMR Sumanga 5M Monte Alegre TOTAL
4,694,049.47 3,057,268.83 4,084,734.88 - 30,485,220.94
3,506,678.17 354,996.89 3,178,078.09 - 17,831,787.52
1,187,371.30 2,702,271.94 906,656.79 - 12,653,433.42

583,454.90

30,485,220.94 0.12 3,658,226.51

9,104,728.57 0.12 1,092,567.43 2,565,659.08
613,333.33
2,867,295.83
6,023,690.27

Patag FMR Sumanga 5M Monte Alegre TOTAL

11,581,666.59 4,949,439.58 19,304,040.06 70,121,083.88
4,694,049.47 3,057,268.83 4,084,734.88 30,485,220.94
6,887,617.12 1,892,170.75 15,219,305.18 39,635,862.94

1,265,900.00 956,800.00 10,191,534.00 - 22,595,151.00

17,040,711.94

590,000.00
500,000.00

4756303.55
1130900 821,800 8,915,534.00
0.12 0.12 0.12
135,708.00 98,616.00 1,069,864.08 2,351,802.12 2,404,501.43
53,333.33
13,492,877.18
4,047,863.16
9,445,014.03

15,468,704.30