General Fund Special Trust Fund Total
Education Fund
Total direct adjustments to
equity ₱5,482,264.15 ₱(796,269.89) ₱(24,868,030.23) ₱(20,182,035.97)
Surplus (Deficit) for the
period ₱187,231,365.74 ₱11,512,764.93 ₱198,744,130.67
Total ₱3,990,104,563.45 ₱211,763,542.47 ₱6,008,518.14 ₱4,207,876,624.06
Note 29 -Reconciliation between actual amounts on a comparable basis as presented in
the SCBAA and in the Statement of Financial Performance for the Year Ended December
31, 2024
Maintenance
Personal and Other Financial
Income Capital Outlay
Services Operating Expenses
Expenses
Comparison Statement of Budget and
Actual 940,802,925.41 331,947,944.75 448,643,460.23 30,481,848.57 586,310,572.55
Entity Differences
Basis Differences: 0.00 0.00 (34,910,143.28) (28,561,052.77) 0.00
Income not considered budgetary items 0.00 0.00 0.00 0.00 0.00
Non-cash income
Interest Income on Deposits
Gain on Sale of Assets
Discount on Real Property Tax
Discount on Taxes
Losses
Income/Expense from TF (not
covered by appropriations)
Receipts not considered as income 0.00 0.00 0.00 0.00 0.00
Sale of capital assets
Borrowings
Expenses not considered budgetary
items 0.00 0.00 0.00 (2,260,750.50) 0.00
Bank Charges (2,260,750.50)
Budgetary items not considered as
expenses 0.00 0.00 (32,800,779.36) (26,300,302.27) 0.00
Debt Service (Loan Amortization,
Retirement of Debt Instruments) (15,124,745.66)
Interest Expenses capitalized (11,175,556.61)
Capital Expenditures
Tax on Interest Income
Refund from overpayment of travel,
salary & etc. adjustment not
reflected in SAAO
Transfers, Assistance and Subsidy to (24,127,828.90)
Unspent DRRM transferred to
Trust Fund (8,672,950.46)
Budgetary adjustments (cancelled
checks, erroneous OBR and etc.)
Timing Differences: 0.00 0.00 (2,109,363.92) 0.00 0.00
Prepayments charged to current
appropriations
Unconsumed Inventories charged to
current appropriations
Consumed Inventories and deferred
charges charged to prior period
appropriations
29
