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ANNUAL REPORT 2021 |
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ASSETS, LIABILITIES AND EQUITY |
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Balance Sheet |
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As of
December 31, 2021 |
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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 34,077.83 |
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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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4,573,427.09 |
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Cash in Bank - Local Currency, Savings
Account |
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3,635,850.40 |
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8,243,355.32 |
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Receivables |
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Accounts Receivable |
P
2,694,728.71 |
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Allowance for Impairment-Accounts Receivable |
(115,960.87) |
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Net Value - Accounts Receivable |
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2,578,767.84 |
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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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23,020.00 |
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Other Receivables |
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52,587.38 |
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2,654,375.22 |
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Inventories |
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Office Supplies Inventory |
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47,190.27 |
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Accountable Forms, Plates and Stickers
Inventory |
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101,783.31 |
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Chemical
and Filtering Supplies Inventory |
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24,007.81 |
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Other
Supplies and Materials Inventory |
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595,471.62 |
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Semi-Expendable
Other Machinery and Equipment |
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1,755.00 |
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770,208.01 |
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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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18,000.00 |
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Prepaid Insurance |
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56,500.36 |
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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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148,683.28 |
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TOTAL
CURRENT ASSETS |
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11,816,621.83 |
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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 |
(32,245.60) |
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Net Value - Other Land Improvements |
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5,802.30 |
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Infrastructure Assets |
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Water Supply Systems |
53,827,524.17 |
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Accumulated Depreciation - Water
Supply Systems |
(24,108,188.85) |
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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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29,719,335.32 |
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Buildings and Other
Structures |
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Buildings |
2,199,068.30 |
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Accumulated Depreciation - Buildings |
(1,366,255.82) |
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Net Value - Buildings |
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832,812.48 |
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Machinery and Equipment |
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Office Equipment |
236,020.55 |
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Accumulated Depreciation - Office Equipment |
(162,306.88) |
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Net Value - Office Equipment |
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73,713.67 |
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Information
and Communication Technology
Equipment |
371,320.02 |
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Acc. Depreciation - ICT Equipment |
(307,662.55) |
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Net Value - ICT Equipment |
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63,657.47 |
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Other Machinery and Equipment |
493,625.40 |
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Acc. Depreciation - Other Machinery
and
Equipment |
(258,235.26) |
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Net Value - Other Machinery and Equipment |
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235,390.14 |
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Transportation Equipment |
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Motor Vehicles |
454,538.00 |
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Accumulated Depreciation -
Transportation Equipment |
(331,792.27) |
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Net Value - Transportation Equipment |
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122,745.73 |
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Furniture,
Fixtures and Books |
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Furniture and Fixtures |
164,347.90 |
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Accumulated Depreciation -
Furniture and Fixtures |
(125,644.77) |
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Net Value - Furniture and Fixtures |
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38,703.13 |
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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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31,811,661.63 |
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TOTAL ASSETS |
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P
43,628,283.46
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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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103,834.10 |
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Due to Officers and Employees |
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0.00 |
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103,834.10 |
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Inter-Agency Payables |
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Due to BIR |
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120,968.45 |
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Due to GSIS |
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133,732.65 |
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Due to Pag-ibig |
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456.84 |
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Due to Philhealth |
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0.01 |
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Due to LGUs |
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142,000.00 |
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397,157.95 |
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Trust
Liabilities |
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Guaranty/Security Deposits Payable |
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21,735.39 |
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Customer's Deposits Payable |
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173,846.50 |
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195,581.89 |
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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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696,715.84 |
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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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12,667,404.48 |
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TOTAL
LIABILITIES |
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P
13,364,120.32 |
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EQUITY |
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RETAINED
EARNINGS (DEFICIT) |
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Retained Earnings (Deficit), Beginning |
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28,557,120.75 |
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Net Income for the Period |
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1,707,042.39 |
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30,264,163.14 |
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TOTAL
EQUITY |
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P 30,264,163.14 |
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TOTAL
LIABILITIES AND EQUITY |
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P
43,628,283.46
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