FINANCIAL DOCUMENTS FOR ELIGIBILITY CHECK

A. Summary of the Applicant Supplier’s/Distributor’s/Manufacturer’s assets and liabilities on the basis of

the attached income tax return and audited financial statement, stamped “RECEIVED” by the Bureau of
Internal Revenue or BIR authorized collecting agent, for the immediately preceding year and a certified
copy of Schedule of Fixed Assets particularly the list of construction equipment.

Year 2022
1. Total Assets 14,163,025
2. Current Assets 3,387,125
3. Total Liabilities 10,057,747
4. Current Liabilities 20,727
5. Net Worth (1-3) 4,105,278
6. Net Working Capital (2- 4) 3,366,398

B. The Net Financial Contracting Capacity (NFCC) based on the above data is computed as follows:

NFCC = K (current asset – current liabilities) minus value of all outstanding works under ongoing
contracts including awarded contracts yet to be started

NFCC = 50,495,970

K = 10 for a contract duration of one year or less, 15 for more than one year up to two years and 20 for more than two
years

Herewith attached are certified true copies of the income tax return and audited financial statement: stamped
“RECEIVED” by the BIR or BIR authorized collecting agent for the immediately preceding year and the cash deposit
certificate or certificate of commitment from a licensed bank to extend a credit line.

Submitted by:

ARABLE CONSTRUCTION AND SUPPLY CORPORATION

Name of Supplier / Distributor / Manufacturer

_________________________________________
Signature of Authorized Representative

Date : _____________________________
 FINANCIAL DOCUMENTS FOR ELIGIBILITY CHECK

C. Summary of the Applicant Supplier’s/Distributor’s/Manufacturer’s assets and liabilities on the basis of

the attached income tax return and audited financial statement, stamped “RECEIVED” by the Bureau of
Internal Revenue or BIR authorized collecting agent, for the immediately preceding year and a certified
copy of Schedule of Fixed Assets particularly the list of construction equipment.

Year 2019
1. Total Assets 39,945,437
2. Current Assets 17,399,384
3. Total Liabilities 28,024,253
4. Current Liabilities 11,179,777
5. Net Worth (1-3) 11,921,184
6. Net Working Capital (2- 4) 6,219,607

D. The Net Financial Contracting Capacity (NFCC) based on the above data is computed as follows:

NFCC = K (current asset – current liabilities) minus value of all outstanding works under ongoing
contracts including awarded contracts yet to be started

NFCC = P 62,196,069

K = 10 for a contract duration of one year or less, 15 for more than one year up to two years and 20 for more than two
years6

Herewith attached are certified true copies of the income tax return and audited financial statement: stamped
“RECEIVED” by the BIR or BIR authorized collecting agent for the immediately preceding year and the cash deposit
certificate or certificate of commitment from a licensed bank to extend a credit line.

Submitted by:

________________________________________
Name of Supplier / Distributor / Manufacturer

_________________________________________
Signature of Authorized Representative
Date : _____________________________
 FINANCIAL DOCUMENTS FOR ELIGIBILITY CHECK

E. Summary of the Applicant Supplier’s/Distributor’s/Manufacturer’s assets and liabilities on the basis of

the attached income tax return and audited financial statement, stamped “RECEIVED” by the Bureau of
Internal Revenue or BIR authorized collecting agent, for the immediately preceding year and a certified
copy of Schedule of Fixed Assets particularly the list of construction equipment.

Year 2020
1. Total Assets 32,970,579
2. Current Assets 11,800,477
3. Total Liabilities 6,888,708
4. Current Liabilities 6,888,708
5. Net Worth (1-3) 26,081,872
6. Net Working Capital (2- 4) 4,911,770

F. The Net Financial Contracting Capacity (NFCC) based on the above data is computed as follows:

NFCC = K (current asset – current liabilities) minus value of all outstanding works under ongoing
contracts including awarded contracts yet to be started

NFCC = P 49,117,699

K = 10 for a contract duration of one year or less, 15 for more than one year up to two years and 20 for more than two
years6

Herewith attached are certified true copies of the income tax return and audited financial statement: stamped
“RECEIVED” by the BIR or BIR authorized collecting agent for the immediately preceding year and the cash deposit
certificate or certificate of commitment from a licensed bank to extend a credit line.

Submitted by:

________________________________________
Name of Supplier / Distributor / Manufacturer

_________________________________________
Signature of Authorized Representative
Date : _____________________________