Annex A

CITY OF MALABON
Consolidated Statement of Financial Position (By Fund)
As at December 31, 2018

GF SEF TF Total
ASSETS
Current Assets
Cash and Cash Equivalents 428,132,731 171,925,090 102,910,781 702,968,602
Investments 558,853,109 - - 558,853,109
Receivables 95,927,289 25,310,471 963,628 122,201,388
Inventories 27,884,424 5,350 - 27,889,774
Prepayments and Deferred Charges 33,970,669 15,975,363 - 49,946,031
Total Current Assets 1,144,768,221 213,216,274 103,874,409 1,461,858,904

Non-Current Assets
Investment
Property, Plant and Equipment 1,419,994,980 143,448,026 19,476,034 1,582,919,040
Computer and Software 10,950,000 10,950,000
Total Non-Current Assets 1,430,944,980 143,448,026 19,476,034 1,593,869,040

TOTAL ASSETS 2,575,713,201 356,664,300 123,350,442 3,055,727,944

LIABILITIES
Current Liabilities
Financial Liabilities 207,489,580 19,034,787 171,868 226,696,236
Inter-Agency Payables 108,587,700 2,070,562 95,850,443 206,508,705
Intra-Agency payables 394,864 - 627,494 1,022,358
Trust Liabilities 7,836,737 393,626 49,834,780 58,065,143
Deferred Credits/Unearned Income 209,839,923 104,340,500 - 314,180,423
Other Payables 37,758,004 1,600 - 37,759,604
Total Current Liabilities 571,906,808 125,841,075 146,484,586 844,232,469

Non-Current Liabilities
Financial Liabilities 42,982,157 - - 42,982,157
Other Payables - - 4,149,454 4,149,454
Total Non-Current Liabilities 42,982,157 - 4,149,454 47,131,611

TOTAL LIABILITIES 614,888,965 125,841,075 150,634,040 891,364,080

NET ASSETS/EQUITY
Government Equity 1,960,824,236 230,823,225 (27,283,598) 2,164,363,863

TOTAL LIABILITIES AND

NET ASSETS/EQUITY 2,575,713,201 356,664,300 123,350,442 3,055,727,944

The difference of P1,022,358 in the

Receivable and Payable Accounts in this
Statement and Consolidated Statement of
Financial Position in Part I of this Report is
due to the elimination of the reciprocal
accounts, Due from and Due to Other Funds
 Annex B

CITY OF MALABON
Statement of Financial Performance (By Fund)
For the Year Ended December 31, 2018
(In Thousands of Pesos)

GF SEF TF Total
Note
REVENUE REVENUE
Tax Revenue 529,868,667 132,809,541 - 662,678,208
Share from Internal Revenue Collections 762,824,864 - - 762,824,864
Service and Business Income 3,026,730 - - 3,026,730
Shares, Grants and Donations 253,285,025 168,146 - 253,453,171
Transfer, Assistance and Subsidy 3,549,633 - - 3,549,633
Other Income 1,144,589 11,259 - 1,155,848
TOTAL REVENUE 1,553,699,509 132,988,946 - 1,686,688,455

LESS: CURRENT OPERATING EXPENSES Personnel Serv

Personal Services 409,544,429 16,303,166 - 425,847,596
Maintenance and other Operating Expenses 662,826,321 91,064,810 26,624,685.85 780,515,817
Non-Cash Expenses 157,710,408 12,602,606 657,162.19 170,970,176
Financial Expenses 3,387,373 - - 3,387,373
CURRENT OPERATING EXPENSES 1,233,468,532 119,970,582 27,281,848.04 1,380,720,962
Surplus (Defic
SURPLUS (DEFICIT) FROM CURRENT 320,230,977 13,018,364 (27,281,848.04) 305,967,493
OPERATION Transfers, Assi
Add (Deduct): Transfers, Assi
Transfer, Assistance and Subsidy From Surplus (Defic
Adjustment of net prior years' withheld taxes 19,070,622 19,070,622
Transfer, Assistance and Subsidy To (64,044,153) (64,044,153)
SURPLUS (DEFICIT) FOR THE PERIOD 256,186,825 32,088,985 (27,281,848.04) 260,993,962
 Annex C

CITY OF MALABON
Statement of Changes in Net Assets/Equity (By Fund)
For the Year Ended December 31, 2018
(In Thousands of Pesos)

GF SEF TF Total

Balance at January 1, 2018 1,725,346,775 204,517,284 (36,870,306) 1,892,993,753

Add (Deduct) :

Prior Year Adjustments (30,791,185) (5,783,044) (36,574,230)

Transfer of Building and Equipment Account from
Trust Fund 9,200,186 9,200,186
Adjustments recognized directly in net assets/equity 881,635 36,870,306 37,751,941
Restated Balance 1,704,637,411 198,734,240 - 1,903,371,651
Add (Deduct) Changes in Net Assets /
Equity during the year:
Adjustment of net prior year's withheld taxes (1,750) (1,750)
Surplus (Deficit) for the period 256,186,825 32,088,985 (27,281,848) 260,993,962
Total 256,186,825 32,088,985 (27,283,598) 260,992,212

Balance at December 31, 2018 1,960,824,236 230,823,225 (27,283,598) 2,164,363,863

 Annex D

CITY OF MALABON
Consolidated Statement of Cash Flows (By Fund)
For the Year Ended December 31, 2018

GF SEF TF Total
Cash Flows From Operating Activities
Cash Inflows
Collection from taxpayers 482,732,366 98,979,995 581,712,361
Share from Internal Revenue Allotment 738,990,864 738,990,864
Receipts from business/ service income 252,848,218 252,848,218
Interest Income 704,147 168,146 872,293
Other Receipts 256,552,353 83,884,663 60,685,216 401,122,232
Total Cash Inflows 1,731,827,948 183,032,804 60,685,216 1,975,545,967
Cash Outflows
Payment of expenses
Payments to suppliers and creditors 701,257,492 91,598,005 792,855,497
Payments to employees 260,870,661 11,359,287 272,229,948
Interest Expense 3,340,165 3,340,165
Other Expenses 221,029,536 10,426,641 40,645,654 272,101,831
Total Cash Outflows 1,186,497,854 113,383,933 40,645,654 1,340,527,441
Net Cash Flows From Operating Activities 545,330,094 69,648,870 20,039,562 635,018,526

Cash Outflows
Purchase/Construction of Property, Plant and Equipment 186,147,622 32,306,558 33,627,520 252,081,700
Investment 580,000,000 580,000,000
Purchase of Intangible Assets 3,855,469 3,855,469
Total Cash Outflows 770,003,091 32,306,558 33,627,520 835,937,169
Net Cash Flows From Investing Activities (770,003,091) (32,306,558) (33,627,520) (835,937,169)

Cash Flows From Financing Activities

Cash Inflows
Proceeds from Loans 4,420,872 4,420,872
Total Cash Inflows 4,420,872 - - 4,420,872
Cash Outflows -
Payment of loan amortization 32,776,040 32,776,040
Total Cash Outflows 32,776,040 - - 32,776,040
Net Cash Flows From Financing Activities (28,355,168) - - (28,355,168)
-
Total Cash Provided by Operating, Investing and Financing Activities (253,028,165) 37,342,313 (13,587,958) (229,273,811)
Add: Cash Beginning Balance 681,160,896 134,582,777 116,498,738 932,242,412
Cash Balance at the End of the Year 428,132,731 171,925,090 102,910,780 702,968,601