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ANNUAL REPORT 2020 |
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ASSETS, LIABILITIES AND EQUITY |
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Balance Sheet |
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As of
December 31, 2020 |
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ASSETS |
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CURRENT ASSETS |
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Cash and Cash Equivalents |
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Cash - Collecting Officers |
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P 76,585.52 |
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Petty Cash |
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0.00 |
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Cash in Bank - Local Currency, Current
Account |
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4,003,743.32 |
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Cash in Bank - Local Currency, Savings
Account |
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3,034,501.11 |
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7,114,829.95 |
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Receivables |
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Accounts Receivable |
P
2,977,654.59 |
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Allowance for Impairment-Accounts Receivable |
(115,643.21) |
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Net Value - Accounts Receivable |
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2,862,011.38 |
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Due from Other Funds |
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0.00 |
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Receivables - Disallowances/Charges |
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25,770.00 |
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Other Receivables |
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59,807.38 |
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2,947,588.76 |
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Inventories |
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Office Supplies Inventory |
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46,339.17 |
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Accountable Forms, Plates and Stickers
Inventory |
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78,521.02 |
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Chemical
and Filtering Supplies Inventory |
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29,475.38 |
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Other
Supplies and Materials Inventory |
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521,282.40 |
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Semi-Expendable
Other Machinery and Equipment |
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0.00 |
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675,617.97 |
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Advances |
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Advances for Payroll |
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0.00 |
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0.00 |
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Prepayments |
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Prepaid Rent |
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20,000.00 |
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Prepaid Insurance |
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50,099.68 |
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Guaranty
Deposits |
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74,182.92 |
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Other Prepayment |
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0.00 |
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144,282.60 |
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TOTAL
CURRENT ASSETS |
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10,882,319.28 |
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NON-CURRENT
ASSETS |
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PROPERTY, PLANT AND EQUIPMENT |
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Land |
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Land |
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338,975.50 |
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Land
Improvements |
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Other Land Improvements |
38,047.90 |
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Accumulated Depreciation -
Other Land Improvements |
(28,821.29) |
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Net Value - Other Land Improvements |
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9,226.61 |
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Infrastructure Assets |
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Water Supply Systems |
53,408,763.88 |
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Accumulated Depreciation - Water
Supply Systems |
(22,536,861.38) |
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Other Infrastructure Assets |
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0.00 |
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Net Value - Water Supply Systems |
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30,871,902.50 |
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Buildings and Other
Structures |
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Buildings |
2,114,407.80 |
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Accumulated Depreciation - Buildings |
(1,301,317.04) |
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Net Value - Buildings |
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813,090.76 |
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Machinery and Equipment |
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Office Equipment |
189,136.55 |
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Accumulated Depreciation - Office Equipment |
(141,652.30) |
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Net Value - Office Equipment |
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47,484.25 |
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Information
and Communication Technology
Equipment |
353,325.02 |
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Acc. Depreciation - ICT Equipment |
(290,837.87) |
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Net Value - ICT Equipment |
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62,487.15 |
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Other Machinery and Equipment |
403,908.00 |
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Acc. Depreciation - Other Machinery
and
Equipment |
(188,441.12) |
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Net Value - Other Machinery and Equipment |
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215,466.88 |
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Transportation Equipment |
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Motor Vehicles |
454,538.00 |
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Accumulated Depreciation -
Transportation Equipment |
(303,031.48) |
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Net Value - Transportation Equipment |
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151,506.52 |
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Furniture,
Fixtures and Books |
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Furniture and Fixtures |
124,753.90 |
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Accumulated Depreciation -
Furniture and Fixtures |
(124,753.90) |
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Net Value - Furniture and Fixtures |
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0.00 |
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Construction in Progress |
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Construction in Progress - Infrastructure Assets |
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380,525.89 |
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TOTAL
NON-CURRENT ASSETS |
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32,890,666.06 |
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TOTAL ASSETS |
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P
43,772,985.34
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LIABILITIES AND EQUITY |
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CURRENT LIABILITIES |
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FINANCIAL LIABILITIES |
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Payables |
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Accounts Payable |
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74,711.27 |
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Due to Officers and Employees |
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0.00 |
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74,711.27 |
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Inter-Agency Payables |
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Due to BIR |
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112,571.80 |
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Due to GSIS |
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9,677.48 |
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Due to Pag-ibig |
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10,456.85 |
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Due to Philhealth |
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0.01 |
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Due to LGUs |
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146,550.00 |
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279,256.14 |
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Trust
Liabilities |
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Guaranty/Security Deposits Payable |
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14,103.78 |
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Customer's Deposits Payable |
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173,846.50 |
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187,950.28 |
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DEFERRED CREDITS/UNEARNED INCOME |
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Deferred Credits |
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Other Deferred Credits |
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141.90 |
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TOTAL
CURRENT LIABILITIES |
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542,059.59 |
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NON-CURRENT
LIABILITIES |
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FINANCIAL LIABILITIES |
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Bill/Bond/Loans Payable |
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Loans Payable
- Domestic |
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14,603,805.00 |
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TOTAL
LIABILITIES |
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P
15,145,864.59 |
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EQUITY |
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RETAINED
EARNINGS (DEFICIT) |
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Retained Earnings (Deficit), Beginning |
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27,318,283.73 |
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Net Income for the Period |
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1,308,837.02 |
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28,627,120.75 |
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TOTAL
EQUITY |
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P
28,627,120.75 |
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TOTAL
LIABILITIES AND EQUITY |
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P
43,772,985.34
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