Republic of the Philippines
Province of Negros Oriental
MUNICIPALITY OF BASAY
Statement of Financial Position
As of December 31, 2024
(With Comparative Figures for CY 2023)
Note 2024 2023
ASSETS
Current Assets
Cash and Cash Equivalents 4 ₱ 60,509,818.05 ₱ 74,067,205.10
Receivables 5 10,467,810.83 11,224,053.72
Inventories 6 2,714,992.87 1,449,743.20
Prepayments and Deferred Charges 7 860,362.41 832,992.50
Total Current Assets ₱ 74,552,984.16 ₱ 87,573,994.52
Non-Current Assets
Property, Plant and Equipment 8 ₱ 439,554,040.51 ₱ 415,125,954.97
Biological Assets 9 358,845.00 358,845.00
Total Non-Current Assets 439,912,885.51 415,484,799.97
Total Assets ₱ 514,465,869.67 ₱ 503,058,794.49
LIABILITIES
Current Liabilities
Financial Liabilities 10.1 ₱ 21,595,223.37 ₱ 30,785,932.29
Inter-Agency Payables 10.2 30,420,393.61 38,917,684.06
Intra-Agency Payables 10.3 1,756,466.05 1,838,161.46
Trust Liabilities 10.4 136,230.71 173,930.71
Deferred Credits/Unearned Income 10.5 1,676,696.53 1,676,696.53
Other Payables 10.6 11,192,842.91 10,950,806.02
Total Current Liabilities ₱ 66,777,853.18 ₱ 84,343,211.07
Non-Current Liabilities
Financial Liabilities 11 ₱ 98,413,876.54 ₱ 108,856,913.56
Other Payables 11 864,330.45 875,076.90
Total Non-Current Liabilities 99,278,206.99 109,731,990.46
Total Liabilities ₱ 166,056,060.17 ₱ 194,075,201.53
NET ASSETS/EQUITY
Government Equity ₱ 348,409,809.50 ₱ 308,983,592.96
Total Liabilities and Net Assets/Equity ₱ 514,465,869.67 ₱ 503,058,794.49
See accompanying Notes to Financial Statements.
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