Professional Documents
Culture Documents
A N N UA L
REPORT
design server
web
digital file document online
publish
administrator
advertising
upload url solutions
services
information
resources
27
log-in data connected news
laptop electricity evolution society domain
advancement
language members standard
people
send learning
change signal integration
wireless
computing
engine modem th Annual General Membership Assembly
cloud digital
address new consumers
program electronic
invention input hardware
processing
concept
distribution
organization
output Cabucgayan Municipal Gymnasium, Brgy. Magbangon, Cabucgayan, Biliran
future speed
operation
production account
light world disk utility increase June 28, 2014
download
user protocol sync cooperation revenue security
marketing mailcommunity
leadership
growth
browser
development
website
computer
modern
transmission
transformation
device
collection
challenge
search
engineering Theme: “Transforming Electric Distribution Operation
technology tools e-mail internet application
hosting agent generation
through Integrated Systems and Technological Innovations”
system provider
modernization
project
business isp source innovation media
vision
A Solutions Enabled Electric
Distribution Utility by 2017
MISSION
Deployment of relevant
technologies, processes and
procedures that turns organizational
challenges into enabling solutions
that is highly flexible, innovative and
cost-effective for greater operational
efficiency
PART I
10:30 am - 1:30 pm Registration, Issuance of Raffle Coupons and
Distribution of Annual Report
PART II OPENING CEREMONIES
i. Invocation FR. ARNOLD C. CORDETA
Parish Priest of the Diocese of Culaba
ii. Parade of Colors BILECO Linemen
iii. Pambansang Awit Sound System
iv. Welcome Address HON. GEMMA G. ADOBO
Municipal Mayor of Cabucgayan
v. Intermission Number BILECO Linemen
vi. Introduction of the Guest of Honor MICHAEL M. GABING
BILECO Personnel Officer
vii. Speech of the Guest of Honor HON. ROGELIO J. ESPINA, MD, FPOA
Representative
Lone District of Biliran
viii. Special Number BILECO Electricians Association (BEA)
ix. Giving of Awards and Citations BILECO Board of Directors and
GM Marlon B. Roa
Plaque of Appreciation to the Guest of Honor
Plaque of Appreciation to the Host Municipality
Plaque of Appreciation to the Former BOD President Engr. Leonardo V. Madeja, Jr.
Plaque of Appreciation to Dir. Sammy A. Sale
Plaque of Appreciation to Dir. Nilo Peñaflor
Most Successful BAPA
Posthumous Outstanding Service Award to the late Noel J. Manguing
PART V ADJOURNMENT
Emcee:
ANN-MARIE B. MERACAP - MDO
MessageMessage
Office of the President
of the Philippines
Malacañang
EDITA S. BUENO
Administrator
MessageMessage
Republic of the Philippines
DEPARTMENT OF ENERGY
Energy Center, Rizal Drive cor. 34th Street,
Bonifacio Global Cit, Taguig
Aside from the cooperative’s zealous thrust for ICT, the Department
of Energy notes BILECO’s laudable record in the power industry
through the years. We also acknowledge your persistence for the
empowerment of pursuit of progress in the countryside.
MARLON B. ROA
General Manager-CEO
what’s inside?
Institutional Report 4
Technical Report 26
Financial Report 36
Power Reliability
SAIFI (7.5%) 19.67 7.5
SAIDI (7.5%) 1,838.68 7.5
System Efficiency
Systems Loss (12%) 12.98 12
Power Factor (3%) 99.99 3
TOTAL 100%
Rating AAA
Classification LARGE
Note: Key Performance Standards was suspended by the edn of the year 2013.
2012
Missionary Electrification. Sitio Electrification
photo highlights
Program, one of PNoy’s priority programs, has
transformed this humble community into a vibrant and
economically-dynamic province.
Physical Competition. A
basketball match between two
teams of BILECO during the
Coop Union Day.
Go Green.
BILECO actively
supported the
PENRO-Biliran’s Members of
Tree Planting the Board
activity. with GM Roa
spearheaded the
groundbreaking
ceremony of the
2-storey BILECO
main office The successful conduct of the 2013
building. District Election of Kawayan.
INSTITUTIONAL
REPORT
2012 Report
HIGHLIGHTS
Membership increased by 1,050 or 4.2% bringing the total membership from 24,923 in
2011 to 25,973 in 2012.
A total of 1,362 new house connections were executed in 2012. This means an increase
of 5.3%. As of year-end, BILECO already has a total of 26,887 house connections in the entire
area coverage.
5
2012 ANNU AL
&
2013 RE PO RT
Ave. Annual %
District 2009 2010 2011 2012
Growth
Almeria 2,593 2,736 2,890 3,024 5.00%
Biliran 2,323 2,419 2,529 2,613 3.84%
Cabucgayan 2,793 2,926 3,053 3,155 3.98%
Caibiran 2,864 3,019 3,188 3,275 4.37%
Culaba 1,977 2,060 2,114 2,204 3.56%
Kawayan 3,275 3,435 3,529 3,635 3.41%
Naval 6,845 7,210 7,620 8,067 5.33%
Total 22,670 23,805 24,923 25,973 4.43%
Ave. Annual %
Type of Consumer 2009 2010 2011 2012
Growth
Residential 21,592 22,781 23,834 25,104 4.90%
Commercial 1,117 1,162 1,239 1,295 4.80%
Industrial 0 0 0 3 0.33%
Public Bldg/St Light 412 436 452 485 5.28%
Total 23,121 24,379 25,525 26,887 4.91%
6
2012 AN N U AL
&
2013 RE PO RT
STATUS OF BARANGAY ENERGIZATION PER DISTRICT
Percentage
Municipality Potential Brgys. Energized
Completion
Almeria 13 13 100%
Biliran 11 11 100%
Cabucgayan 13 13 100%
Caibiran 17 17 100%
Culaba 17 17 100%
Kawayan 20 20 100%
Naval 20 20 100%
Total 117 117 100%
Percentage
Municipality Potential Sitios Energized
Completion
Almeria 43 37 86%
Biliran 26 25 96%
Cabucgayan 15 10 67%
Caibiran 44 38 86%
Culaba 19 15 79%
Kawayan 21 14 67%
Naval 69 63 91%
Total 237 202 85%
Percentage
Municipality Unenergized Energized Potential
Completion
Almeria (403) 3, 191 2, 788 114%
Biliran (134) 2, 664 2, 530 105%
Cabucgayan 188 3, 069 3, 257 94%
Caibiran 339 3, 136 3, 475 90%
Culaba 173 1, 945 2, 118 92%
Kawayan 267 3, 296 3, 563 93%
Naval (1868) 9, 586 7, 718 124%
Total (1438) 26, 887 25, 449 106%
7
2012 ANNU AL
&
2013 RE PO RT
Sitio Energization Program
BILECO has energized one (1) of the
twelve (12) sitios funded by the Department
of Energy (DOE) under IFB NO. BILECO DOE
2009-0015 - the Sitio Magtaran-an, Talustusan
in the district of Naval. The project which
has an estimated total cost of P1,412,469.74,
was completed on April 15, 2012 and was
energized on April 21, 2012 with initial house
connection of 15.
District Elections
BILECO conducted a regular board election in three districts, namely: Cabucgayan
(District 3), Caibiran (District 4) and Culaba (District 5). Cabucgayan and Caibiran district
elections were held simultaneously on March 24, 2012 while Culaba on March 30, 2012.
*Engr. Cesar Cordeta (Cabucgayan), Mr. Juan Avila, Jr.
(Caibiran) and *Mr. Reymando Garabiles (Culaba) were
proclaimed winners on said position. Voters’ turnout were
as follows:
* Lone Candidate
8
2012 AN N U AL
&
2013 RE PO RT
Annual General Membership Assembly (AGMA)
Business Proper
The General Assembly which was presided by Board President Melchor C. Durango, Jr.
deliberated the following General Assembly Resolutions:
GAR 2012-01
A Resolution Supporting the 5-Year CAPEX Plan of the Cooperative
GAR 2012-03
A Resolution Granting Mortuary Assistance to the Member-consumers of the
Cooperative
GAR 2012-04
A Resolution for the Implementation of Mandatory ID System for all Members of
the Cooperative
GAR 2012-05
A Resolution Authorizing the BILECO Management to Implement Electronic
Payment System such as but not Limited to Credit Card, Debit Card, ATM Card,
G-Cash and Smart Money
GAR 2012-06
A Resolution Declaring a Transfer Holiday for a Period of 3 years for Purposes of
Updating the BILECO Membership Records
The proposed General Assembly Resolutions were carried and approved unanimously
by the General Assembly.
9
2012 ANNU AL
&
2013 RE PO RT
Enhanced Customer Service Standards and Monitoring
An EDP-Based Customer Service Standard was successfully put in place in order to
properly monitor all complaints and request from member-consumers to ascertain that the
following established standards are met:
A centralized dispatch has been established for the proper endorsement of all complaints
and request to all service crew personnel. For the year 2012 the central dispatch was able to
record the following accomplishments:
Nature 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Total
Information Dissemination
Aside from the traditional radio program and CATV plugs, BILECO has likewise ventured
into other information dissemination medium which include Short Message Service (Text
Messaging), and other social networking sites which include twitter (@bilecocom) and
facebook (biliranelectric). BILECO’s twitter account which was primarily used in disseminating
its power advisories is likewise linked to biliranisland.com’s main webpage.
10
2012 AN N U AL
&
2013 RE PO RT
ICT Enhancement
With the advent of
technology, BILECO
has itself established
a roadmap to
establishing a system
that would cater to
the demands of the
member-consumers.
With this commitment,
the Coop was able
to establish a Wireless
Access Points from
the BILECO Main
Office in Caraycaray
to Sub-office in
Naval and third party
collection agents
to include ASEMCO
Almeria, OCCCI Kawayan, OCCCI Biliran, OCCCI Cabucgayan and Substation at Biliran,
Biliran to accomodate payment from member-consumers.
Most importantly, the backbone line from the main office to Cabucgayan was upgraded
using a much secured and reliable tool.
11
2012 ANNU AL
&
2013 RE PO RT
Capacity Enhancement
Trainings and Seminars
Year 2012 marked a year of challenge
and coping with the revitalized Key
Performance Standards (KPS). This has
characterized the human resource to
enable the people’s talent in commensurate
with the issues and challenges it has to
face. Every single position necessitates the
right finesse on how it is expected to deliver
results within the parameters of standards.
It is not just about the results rather the
process of achieving the deliverables. We
were hounded with capability trainings
such as WESM advanced training on
market settlements, to be fully equipped
with the technical grasp and independent
simulation/forecast on how EC will play
competitively in the market.
The Technical Working Group (TWG)
accelerates their effort in making the
necessary schooling alike Power System
Modeling Analysis. One important thrust
that was realized is our participation to
the Japanese International Cooperation
Agency training for the Improvement of the
Electric Power Distribution Grid. This has been
a milestone of our EC thru Engr. Gerardo N.
Oledan whom with enthusiasm finished the
said course for SL reduction programs. It has
enabled comparative adaptation various
means in the mitigation of systems loss from
best practices within Asian countries.
12
2012 AN N U AL
&
2013 RE PO RT
right attitude. The challenge at par on
why the organization should demand
exquisite performance is the reflection
on how vibrant the organization has
pooled out the talents of the people
working. BILECO might have triumph
for the past years and might have
reached on a plateau. Innovations
put the organization into a SMARTER
BILECO aimed at benefiting its
member-consumers and stakeholders.
Thru technological advancements,
issues and inconveniences were
addressed in a timely manner and
overarching desire to bring efficiency
and effectiveness overtime.
Lumens Award
BILECO was once again recognized by
the National Electrification Administration
as one of the outstanding ECs after it was
awarded a Category A+ for its performance
for the year 2011. The award was given during
the EC Lumens Award held on April 27, 2012
at Waterfront Insular Hotel, Davao City which
was anchored on the theme “Improving
Lives through Rural Electrification.”
13
2013 Report
HIGHLIGHTS
Membership increased by 1,294 or 5% bringing the total membership from 25, 973 in
2012 to 27, 267 in 2013.
A total of 1,488 new house connections were executed in 2013. This means an increase
of 5.5%. As of yearend, BILECO already has a total of 28,375 house connections in the entire
area coverage.
14
2012 AN N U AL
&
2013 RE PO RT
Ave Annual %
District 2010 2011 2012 2013
Growth
Almeria 2,736 2,890 3,024 3,151 4.60%
Biliran 2,419 2,529 2,613 2,693 3.51%
Cabucgayan 2,926 3,053 3,155 3,369 4.58%
Caibiran 3,019 3,188 3,275 3,513 4.91%
Culaba 2,060 2,114 2,204 2,335 4.08%
Kawayan 3,435 3,529 3,635 3,801 3.32%
Naval 7,210 7,620 8,067 8,405 4.98%
Total 23,805 24,923 25,973 27,267 29.98%
Ave Annual %
Type of Consumer 2010 2011 2012 2013
Growth
Residential 22,781 23,834 25,104 26492 4.91%
Commercial 1,162 1,239 1,295 1373 5.41%
Industrial 0 0 3 3 0.11%
Public Bldg/St Light 436 452 485 507 4.89%
Total 24,379 25,525 26,887 28,375 15.32%
15
2012 ANNU AL
&
2013 RE PO RT
STATUS OF BARANGAY ENERGIZATION PER DISTRICT
Percentage
Municipality Potential Brgys. Energized
Completion
Almeria 13 13 100%
Biliran 11 11 100%
Cabucgayan 13 13 100%
Caibiran 17 17 100%
Culaba 17 17 100%
Kawayan 20 20 100%
Naval 20 20 100%
Total 117 117 100%
Percentage
Municipality Potential Sitios Energized
Completion
Almeria 43 40 93%
Biliran 26 25 96%
Cabucgayan 15 15 100%
Caibiran 44 41 93%
Culaba 19 17 89%
Kawayan 21 17 81%
Naval 69 67 97%
Total 237 222 94%
Percentage
Municipality Unenergized Energized Potential
Completion
Almeria -554 3342 2788 120%
Biliran -245 2775 2530 110%
Cabucgayan -49 3306 3257 102%
Caibiran 96 3379 3475 97%
Culaba 32 2086 2118 98%
Kawayan 80 3483 3563 98%
Naval -2286 10004 7718 130%
Total -2926 28375 25449 106%
16
2012 AN N U AL
&
2013 RE PO RT
Sitio Energization Program
BILECO has energized twenty-six (26) sitios for the year 2013 throughout the entire area
coverage. Ten of these sitios were funded by the Department of Energy (DOE) under IFB NO.
BILECO DOE 2009-0015 while the sixteen sitios were subsidized by the National Electrification
Administration. Beneficiaries from the NEA-funded sitios receive a free housewiring materials
worth P2,500.00, labor for the housewiring installation, a kilowatt-hour meter, a 30-meter service
drop wire and other EC fees.
DATE DATE
SITIO BARANGAY MUNICIPALITY COMPLETED ENERGIZED
BUDGET
17
2012 ANNU AL
&
2013 RE PO RT
Electrification of ten (10) sitios funded by DOE. These sitios are as follows:
DATE
SITIO BARANGAY MUNICIPALITY
ENERGIZED
BUDGET
18
2012 AN N U AL
&
2013 RE PO RT
District Elections
Two regular district elections were held on September 18 and 21, 2013 for the Kawayan
and Naval Districts, respectively. Mr. Rolando Z. Gozon of Brgy. Poblacion, Kawayan was a
lone candidate and was consequently elected as the new Board of Director of Kawayan
District. However, a failure of election was declared by the District Election Committee
(DECOM) of Naval because no one filed a Certificate of Candidacy due to the provisions
of disqualifications of the Republic Act 1053.
19
2012 ANNU AL
&
2013 RE PO RT
Enhanced Customer Service Standards and Monitoring
An EDP-Based Customer Service Standard was successfully put in place in order to
properly monitor all complaints and request from member-consumers to ascertain that the
following established standards are met:
A centralized dispatch has been established for the proper endorsement of all complaints
and request to all service crew personnel. For the year 2012 the central dispatch was able to
record the following accomplishments:
Nature 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Total
Information Dissemination
Aside from the traditional radio program and CATV plugs, posters and pamplets,
BILECO has likewise ventured into other information dissemination medium which include
Short Message Service (Text Messaging), and other social networking sites which include
twitter (@bilecocom) and facebook (biliranelectric). BILECO’s twitter account which was
primarily used in disseminating its power advisories is likewise linked to biliranisland.com’s
main webpage.
20
2012 AN N U AL
&
2013 RE PO RT
ICT Enhancement
BILECO generally uses internet
connection for most of its
transactions. In order to deliver
the best services to the member-
consumers, we have adopted
some of the advanced facilities and
software available in the market
today such as:
F E E D E R
METERING. An DATA CENTER SECURITY. In
Automatic order to secure the Servers’
Meter Reading power supply from power
( A M R ) fluctuations that cause
communication voltage drop or voltage
device was rise, an Automatic Voltage
installed for Regulator (AVR) was
the Feeder 1 installed. The IT personnel
metering which coordinated with the
allows Technical Technical personnel to install
personnel at the main a dedicated transformer
office to download for data center usage only.
data readings from the Likwise, replacement and
substation where it is calibration of the data
located. center’s UPS battery was
also conducted.
FILE SECURITY and SERVER MAINTENANCE. Securing important files and maintaining server performance
in good quality was also highly given importance. Some strategies include establishing a back-up
database for daily data, securing the location of file server to make sure it is free from unwanted
programs and maintaining hardware and software for the database, computers and IT equipment.
PUBLIC and PRIVATE NETWORK MONITORING. Because of the becoming larger network of data and
extensive usage of network, network traffic was monitored on a regular basis by the IT personnel. Also,
they worked on updating the firmware and the firewall’s Unified Threat Management, monitored the
overall system resources and managed bandwidth usage.
21
Capacity I t was no simply easy to celebrate the year 2013
especially to the workforce of BILECO employees
because of the placement of the Key Performance
Standards (KPS) which directs for a tight implementation
B U I L D I NG and of performance standard parameters in Institutional,
Finance, and Technical aspect of the operation. But
Various activities were realized for the achievement of employee development that aims to
enhance the level of suitability and clear understanding of what is expected from every individual in
the coop. In order to be updated, we have enable empowerment through attendance to various
seminar- workshops as well as visitation to other institutions
that boosts their best practices.
Much have been graciously invested but physical forces took over the dominion of human
control, Supertyphoon Yolanda rattled the entire coverage more so the people behind its umbrella.
This may have been a rock on a deep sea constricting indecisive to be decisive, critical to be bulls-
eye and rational to be on the right track. Though, this trying time limits our ability but it never failed
us to embrace what BILECO stands for in the province of Biliran. Eventually, we have no point of
desistance but to battle what had been given and give what had been expected from the people
of the Biliran Electric Cooperative, Inc. (BILECO) with unwavering boldness and direction.
BILECO holds 1st Essay Writing Contest
As part of the celebration of the Coop-Union Day on July 4, 2013, BILECO held its 1st
BILECO Essay Writing Contest participated by 16 students from various high school
institutions in the entire area coverage. The essay centered on the theme “BILECO:
Powering Biliran Island for Three Decades and Beyond through Rural Electrification.”
Karen Antonette Papilleras of Kawayan National High School won the first place while
Lester Toledo of Biliran Science High School and Lucinda Consuelo dela Pena of
Naval State University-Laboratory High School won the second and third places,
respectively.
BILECO:
Powering Biliran Island for
Three Decades and Beyond
through Rural Electrification
By: Karen Antonette Papilleras
Kawayan National High School
T
hrough the years of total darkness, Biliran was
trapped in the chiastic vacuum for the new world. But
on the sixth of July 1973 there came the blessing,
the birth of our pole-stan; Biliran Electric Cooperative Inc. incorporators, Board of Directors, management, staffs and
(BILECO). Let there be light and there was light. Amidst the all the people behind BILECO. To date, they have energized
darkness they shone the light and beyond hopelessness 117 barangays including 2 island barangays and 181 out of
they came; our hope. From the darkness we were lifted and 237 sitios with approximately 20,719 consumers as dated
guided to the path of progress. The path through modern last October 2008. For three consecutive years BILECO
technology and industrialization. For Biliranons BILECO is captured the victor’s cup as they were given a triple “A”
our key to success and development. assessment and how close they were to the golden crown as
they were given a citation for its consistent 100% collection
Biliran Electric Cooperative Inc. (BILECO) was and energy services. These achievements are due to the
established with the National Electrification Administration integrated systems based on the leadership of the General
(NEA). Almost three years after the legislation of Republic Manager of BILECO, Mr. Marlon B. Roa.
Act 6038 on August 4, 1964 (The Rural Electrification
Program) sponsored by the father of the Rural Electrification In today’s world as science and technology are
Program; former Vice-President Emmanuel Palaez for the making its way to the future, our very own BILECO is doing
implementation of the total electrification of the country. its best to guarantee us a bright tomorrow. To ensure us
BILECO is one of the sweet fruit bared by NEA. Although its continuous commitment in providing us quality electric
it was established in convenience and satisfaction of living services. They are currently working out remote sitios to
through electricity. On June 17, 1983 after a decade of assure an efficient and eco-friendly electricity and more
concealment, the Biliranons witnessed the lighting of the first wider coverage of its services.
bulb in Poblacion, Biliran that brought not just light but also
unmeasured joy of fulfillment. For yesterday is but a dream, and tomorrow is only
a vision. Today-well-lived makes every yesterday a dream of
Little by little as years passed by, BILECO has been happiness and every tomorrow a vision of success. BILECO
developed and therefore manifested its transformation to a lighted Biliran’s path with worthiness level of development
self-reliant and productive Cooperative. This is due to the and genuine services BILECO had been. Is and will be
unity of the Biliranons. The increasing number of industries resounding the manifestation of its continuous pursuit of
and most importantly, the altruistic motivation of the excellence in the field of rural electrification.
The ground-breaking ceremony.
BILECO
Constructs a New Building
A new two-storey building was now under
construction for the BILECO main office located in
Caraycaray, Naval, Biliran. Under the supervision of
the Office of the General Services, the construction
originally started on September 8, 2013. The building
was constructed by administration with a total budget
of 5 million pesos for phase one which includes the
ground floor. The construction was put into halt for
days after super typhoon Yolanda struck the area
coverage on November 8, 2013. As of December 31,
2013, the construction was 55% complete.
BILECO employees
technical
REPORT
2012 Report
SUB-STATION
Line Energized
(Connected to Grid)
2012 2011 2010
27
2012 ANNU AL
&
2013 RE PO RT
POWER LINE CONSTRUCTION AND EXPANSION
28
2012 AN N U AL
&
2013 RE PO RT
TRANSFORMER CAPACITY UPRATING
29
2013 Report
SUB-STATION
Line Energized
(Connected to Grid)
2013 2012 2011 2010
30
2012 AN N U AL
&
2013 RE PO RT
POWER LINE CONSTRUCTION AND EXPANSION
31
2012 ANNU AL
&
2013 RE PO RT
32
2012 AN N U AL
&
2013 RE PO RT
DISTRIBUTION OF SYSTEM DATA
33
November 7, 2013 was an unforgettable date
for the people of the Eastern Visayas after a super
typhoon wrecked havoc in major parts of the Visayas
leaving most of the region devastated and ravaged.
It has been several months after Super typhoon
Yolanda, internationally known as Haiyan, struck the
Philippines. It has left a great mark of fear and horror
in the minds and hearts of those who have fought for
BILECO their survival in the midst of the raging storm and the
misery of witnessing its aftermath.
TASK
Early on, satellite images from local and
international weather bureaus were almost consistent
on their prediction on the path of the typhoon -
FORCE
the island province of Biliran was not spared of its
forecasted path of destruction. Media reports provided
hint and advance information how strong Yolanda
YOLANDA would be, however, the extent of the damage was not
fully anticipated.
As Standard Operating Procedure, BILECO
The Story of organized its Task Force Yolanda to brace the coming
typhoon. The Technical Services Department (TSD)
convened the members of the task force for a briefing
NO. OF KWH
MONTH PSALM / WESM NGCP TOTAL
(Nodal Point)
Jan 6,884,959.19 2,142,737.57 9,027,696.76 1,790,156
Feb 6,557,949.11 2,376,830.55 8,934,779.66 2,176,433
Mar 5,167,099.05 2,391,715.76 7,558,814.81 2,221,247
Apr 4,836,496.46 2,424,983.26 7,261,479.72 2,442,858
May 6,991,807.01 2,479,272.34 9,471,079.35 2,599,555
Jun 14,416,355.02 2,461,931.31 16,878,286.33 2,568,860
Jul 18,137,800.96 2,520,322.40 20,658,123.36 2,303,742
Aug 12,112,235.59 2,553,354.26 14,665,589.85 2,388,834
Sep 10,340,733.86 2,545,001.62 12,885,735.48 2,374,673
Oct 10,622,827.61 2,517,241.86 13,140,069.47 2,242,821
Nov 12,536,867.76 2,480,465.84 15,017,333.60 2,340,223
Dec 11,268,081.77 2,508,494.64 13,776,576.41 2,370,571
TOTAL 119,873,213.39 29,402,351.41 149,275,564.80 27,819,973
37
2012 ANNU AL
&
2013 RE PO RT
Legend:
PP-Purchased Power AGE-Admin & Gen. Expenses OM-Operation & Maintenance DA-Depreciation
& Amortization DS-Debt Servicing CA-Consumer Accounts IE-Insterest Expense NOE-Non Operating
Expenses NL-Net Loss
38
2012 AN N U AL
&
2013 RE PO RT
O DS I NADA D I O SCO RO
P H I L I P P I N E S
ODSINADA DIOSCORO & CO. • Certified Public Accountants • Audit • Tax & Management Consulting
We have audited the accompanying financial statements of BILIRAN ELECTRIC COOPERATIVE, INC., which comprise
the statements of financial position as of December 31, 2012 and 2011, and the related statements of comprehensive in-
come, changes in equities and loss, and cash flows for the years ended, and a summary of significant accounting policies
and other explanatory notes.
Management is responsible for the preparation and the fair presentation of these financial statements in accordance with
the Philippine Financial Reporting Standards. This responsibility includes: designing, implementing and maintaining internal
control relevant to the preparation and fair presentation of financial statements that are free from material misstatement,
whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that
are reasonable in the circumstances.
Auditor’s Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in
accordance with Philippine Standards on Auditing. Those standards require that we comply with ethical requirements and
plan and perform the audit to obtain reasonable assurance whether the financial statements are free from material misstate-
ment. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial
statements. The procedures selected depend on the auditor’s judgments, including the assessment of the risks of material
misstatement of the financial statements, whether due to fraud or error. In making those risks assessments, the auditor
considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to
design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies
used and reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of
the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basic for our audit opinion.
39
2012 ANNU AL
&
2013 RE PO RT
Opinion
In our opinion, the financial statements present fairly, in all material respects, the financial position of BILIRAN ELECTRIC
COOPERATIVE INC. as of December 31, 2012 and 2011, and of its financial performance and its cash flows for the years
then ended, in accordance with Philippine Financial Reporting Standards.
Our audit was conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The sup-
plementary information for the year ended December 31, 2012 required by the Bureau of Internal Revenue on taxes, duties
and license fees disclosed in Note. 36 to the financial statements in presented for purposes and additional analysis and is
not a required part of the basic financial statements prepared in accordance with Philippine Financial Reporting Standards.
Such supplementary information is the responsibility of the management and has been subjected to the auditing procedures
applied in our audit of the basic financial statements. In our opinion, the information is fairly stated in all material respects in
relation to the basic financial statements taken as a whole.
By:
DIOSCORO O. ODSINADA
Partner
CPA License No. 18098
TIN 113-345-240 (Individual)
TIN 008-372-356 (Firm)
PRC/BOA Accreditation No. 5090
SEC Accreditation No. 1162-A (Individual)
PTR No. 7823135B, Jan. 21, 2013
Quezon City
40
2012 AN N U AL
&
2013 RE PO RT
BILIRAN ELECTRIC COOPERATIVE, INC.
(A Nonstock, Not-for-Profit Rural Electric Cooperative)
As of December 31,
Notes 2012 2011
ASSETS
Noncurrent Assets
Property, plant and equipment 8 144,899,933 137,945,757
Investments 6 6,985,230 5,244,955
Other noncurrent assets 10 11,416,842 8,591,020
Total Noncurrent Assets 163,302,005 151,781,732
Current Assets
Cash 4 24,730,579 28,420,792
Receivables, net 5 24,092,258 17,353,235
Materials and supplies inventories 9 8,624,060 10,040,366
Prepayments and other current assets 7 5,206,017 1,655,590
Total Current Assets 62,652,914 57,469,983
Equities
Membership 11 144,210 138,310
Donated capital 12w 86,215,500 77,093,515
Contribution in aid of construction 13 81,190,894 68,233,704
Accumulated loss 14 (60,821,137) (48,828,051)
Total Equities and Loss 106,729,467 96,637,478
Noncurrent Liabilities
Long-term debt 15 35,848,961 41,191,015
Consumers' deposits 16 21,774,842 21,096,070
Total Noncurrent Liabilities 57,623,803 62,287,085
Current Liabilities
Accounts payable and accrued expenses 17 & 18 61,601,649 50,327,152
41
2012 ANNU AL
&
2013 RE PO RT
BILIRAN ELECTRIC COOPERATIVE, INC.
(A Nonstock, Not-for-Profit Rural Electric Cooperative)
OPERATING EXPENSES
Administrative and general 26 24,326,697 29,047,401
Distribution 25 10,046,065 10,805,463
Consumers' accoun––ts 25 8,992,145 8,325,756
43,364,907 48,178,620
42
2012 AN N U AL
&
2013 RE PO RT
BILIRAN ELECTRIC COOPERATIVE, INC.
(A Nonstock, Not-for-Profit Rural Electric Cooperative)
EQUITIES
Membership 11
Balance beginning 138,310 131,365
Receipt of additional membership 5,900 6,945
144,210 138,310
Donated capital 12
Balance, beginning 77,093,515 70,586,771
Receipt of additional donations 9,121,985 6,506,744
86,215,500 77,093,515
LOSS
Accumulated loss 14
Balance, beginning (48,828,051) (49,929,208)
Prior period adjustment (10,666,751) 160,113
Net income (1,326,335) 941,044
(60,821,137) (48,828,051)
43
2012 ANNU AL
&
2013 RE PO RT
BILIRAN ELECTRIC COOPERATIVE, INC.
(A Nonstock, Not-for-Profit Rural Electric Cooperative)
44
2013 Report
TOP 10 BIG LOAD PROMPT PAYORS FOR 2013
TOTAL KWH
ACCOUNT NAME ACCOUNT NUMBER CONSUMPTION FOR
2013
1. Naval State University 02-0218-0010 362,180
2.Diu, William A. C/O J&F Dept. Store 02-0218-0301 64,920
3. ESPIMEN INC. 02-0218-0232 55,840
4. Chong, Charlie 02-0218-0085 40,680
5. Naval Pastoral Center 02-0218-0035 34,120
6. Pastor, Juan C/O TJ Lodge 02-0201-1737 30,439
7. Upper BNAC 01-0101-0090 29,253
8. Sister Of Mercy C/O E. Tan 02-0218-0299 18,273
9. Wilson, Gloria E. 02-0218-0312 13,998
10. Kho, Ricardo 02-0203-1625 8,873
NO. OF KWH
MONTH PSALM / WESM NGCP TOTAL
(Nodal Point)
Jan 12,449,706.96 2,560,408.47 15,010,115.43 1,884,103
Feb 12,875,310.72 2,545,706.59 15,421,017.31 1,953,873
Mar 9,494,902.31 2,525,373.99 12,020,276.30 1,937,835
Apr 10,345,837.56 2,543,488.90 12,889,326.46 2,214,366
May 11,879,219.98 2,518,415.34 14,397,635.32 2,383,055
Jun 12,289,299.08 2,507,344.68 14,796,643.76 2,311,363
Jul 12,153,772.03 2,503,410.75 14,657,182.78 2,159,024
Aug 10,872,341.84 2,522,041.76 13,394,383.60 2,249,386
Sep 11,558,861.87 2,533,151.76 14,092,013.63 2,257,334
Oct 12,957,440.61 2,547,095.60 15,504,536.21 2,246,759
Nov 12,716,779.44 2,545,856.68 15,262,636.12 809,804
Dec 3,386,350.12 2,546,682.76 5,933,032.88 874,449
TOTAL 132,979,822.52 30,398,977.28 163,378,799.80 23,281,351
45
2012 ANNU AL
&
2013 RE PO RT
Legend:
PP-Purchased Power AGE-Admin & Gen. Expenses OM-Operation & Maintenance DA-Depreciation
& Amortization DS-Debt Servicing CA-Consumer Accounts IE-Insterest Expense NOE-Non Operating
Expenses NL-Net Loss
46
2012 AN N U AL
&
2013 RE PO RT
O DS I NADA D I O SCO RO
P H I L I P P I N E S
ODSINADA DIOSCORO & CO. • Certified Public Accountants • Audit • Tax & Management Consulting
We have audited the accompanying financial statements of BILIRAN ELECTRIC COOPERATIVE, INC., which comprise the
statements of financial position as of December 31, 2013 and 2012, and the related statements of comprehensive income,
changes in equities and loss, and cash flows for the years ended, and a summary of significant accounting policies and
other explanatory notes.
Management is responsible for the preparation and the fair presentation of these financial statements in accordance with
the Philippine Financial Reporting Standards. This responsibility includes: designing, implementing and maintaining internal
control relevant to the preparation and fair presentation of financial statements that are free from material misstatement,
whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that
are reasonable in the circumstances.
Auditor’s Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit
in accordance with Philippine Standards on Auditing. Those standards require that we comply with ethical requirements
and plan and perform the audit to obtain reasonable assurance whether the financial statements are free from material
misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the
financial statements. The procedures selected depend on the auditor’s judgments, including the assessment of the risks
of material misstatement of the financial statements, whether due to fraud or error. In making those risks assessments, the
auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order
to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on
the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies
used and reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of
the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basic for our audit opinion.
47
2012 ANNU AL
&
2013 RE PO RT
Opinion
In our opinion, the financial statements present fairly, in all material respects, the financial position of BILIRAN ELECTRIC
COOPERATIVE INC. as of December 31, 2013 and 2012, and of its financial performance and its cash flows for the years
then ended, in accordance with Philippine Financial Reporting Standards.
Emphasis on Matter
Attention is drawn to Notes 14 and 34 of the Notes to Financial Statements, relative to the large accumulated losses
of P64,646,450 and P60,821,137 as of December 31, 2013 and 2012, including the net income (loss) P108,778 and
(1,326,335 for the years then ended.
These losses have impaired 34% and 36.3% of the total equity base of P185, 903,729 and P286,776,056 and 19.3% and
12.2% of total assets of P324,785,857 and P286,776,056, respectively, as of said dates.
Our audit was conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The
supplementary information for the year ended December 31, 2013 required by the Bureau of Internal Revenue on taxes,
duties and license fees disclosed in Note. 36 to the financial statements in presented for purposes and additional analysis
and is not a required part of the basic financial statements prepared in accordance with Philippine Financial Reporting
Standards. Such supplementary information is the responsibility of the management and has been subjected to the auditing
procedures applied in our audit of the basic financial statements. In our opinion, the information is fairly stated in all
material respects in relation to the basic financial statements taken as a whole.
By:
DIOSCORO O. ODSINADA
Partner
CPA License No. 18098
TIN 113-345-240 (Individual)
TIN 008-372-356 (Firm)
PRC/BOA Accreditation No. 5090
SEC Accreditation No. 1162-A (Individual)
PTR No. 7823135B, Jan. 21, 2013
Quezon City
48
2012 AN N U AL
&
2013 RE PO RT
BILIRAN ELECTRIC COOPERATIVE, INC.
(A Nonstock, Not-for-Profit Rural Electric Cooperative)
As of December 31,
Notes 2013 2012
ASSETS
Noncurrent Assets
Property, plant and equipment 8 168,929,430 144,899,933
Investments 6 6,843,276 6,985,230
Other noncurrent assets 10 6,268,809 11,416,842
Total Noncurrent Assets 182,041,515 163,302,005
Current Assets
Cash 4 47,132,183 24,730,579
Receivables, net 5 17,810,368 24,092,258
Materials and supplies inventories 9 11,051,828 8,624,060
Prepayments and other current assets 7 2,103,513 5,206,017
Total Current Assets 78,097,892 62,652,914
TOTAL ASSETS 260,139,407 225,954,919
Current Liabilities
Accounts payable and accrued expenses 17 & 18 71,325,086 61,601,649
49
2012 ANNU AL
&
2013 RE PO RT
BILIRAN ELECTRIC COOPERATIVE, INC.
(A Nonstock, Not-for-Profit Rural Electric Cooperative)
OPERATING EXPENSES
Administrative and general 26 24,990,954 24,326,697
Distribution 25 11,746,466 10,046,065
Consumers' accounts 25 8,624,359 8,992,145
45,361,779 43,364,907
50
2012 AN N U AL
&
2013 RE PO RT
BILIRAN ELECTRIC COOPERATIVE, INC.
(A Nonstock, Not-for-Profit Rural Electric Cooperative)
As of December 31,
Notes 2013 2012
EQUITIES
Membership 11
Balance beginning 144,210 137,265
Receipt of additional membership 7,800 6,945
152,010 144,210
Donated capital 12
Balance, beginning 86,215,500 79,708,756
Receipt of additional donations 5,950,334 6,506,744
92,165,834 86,215,500
LOSS
Accumulated loss 14
Balance, beginning (60,821,137) (48,828,051)
Prior period adjustment (3,934,091) (10,666,751)
Net income (loss) 108,778 (1,326,335)
(64,646,450) (60,821,137)
51
2012 ANNU AL
&
2013 RE PO RT
BILIRAN ELECTRIC COOPERATIVE, INC.
(A Nonstock, Not-for-Profit Rural Electric Cooperative)
52
2012 AN N U AL
&
2013 RE PO RT
Unbundled Rates for 2012
53
2012 ANNU AL
I E S
&
I T S
2013 RE PO RT
E N
A C T I V on th e L
54
2012 AN N U AL
&
2013 RE PO RT
55
WORKING COMMITTEES
for the 27th and 28th AGMA
56
THE
BOARD OF DIRECTORS
BOARD OF DIRECTORS FOR THE YEAR 2012 AND 2013
DIR. LEONARDO V. MADEJA, JR. DIR. CESAR D. CORDETA DIR. REYMANDO B. GARABILES DIR. JUAN AVILA JR.
Board President Board Secretary Board Treasurer Board Member
Naval District Cabucgayan District Culaba District Caibiran District
DIR. ROLANDO Z. GOZON DIR. NILO PEÑAFLOR DIR. SAMMY A. SALE MARLON B. ROA
Board Member Board Member Board Member General Manager - CEO
Kawayan District Biliran District Almeria District Ex-Officio Member
BILECO SYSTEM
OPERATING
OPERATING MAP
MAP