Meta PixelAnnual Audit Report 2024 — City of Bayawan — Page 12

Page 12 of 91

Page 12
                                   Repubic of the Philippines
                                  Province of Negros Oriental
                                      City of Bayawan

                              Statement of Financial Position
                                  As at December 31, 2024
                          (With Comparative Figures for CY 2023)

                                       Note              2024                 2023
ASSETS
  Current Assets
  Cash and Cash Equivalents                4         1,023,115,439.15     1,658,587,517.95



  Receivables                              5           118,711,331.12      80,886,226.19
  Inventories                              6           133,810,181.18     168,526,295.54
  Prepayments and Deferred Charges         7            21,028,488.20      10,282,556.95
  Total Current Assets                           ₱   1,296,665,439.65 ₱ 1,918,282,596.63

  Non-Current Assets
  Receivables                             5.2    ₱      25,283,319.72 ₱    41,365,470.02
  Investment Property                      8            11,124,370.49      11,124,370.49
  Property, Plant and Equipment            9         5,123,789,668.85   4,195,190,975.07
  Biological Assets                       10            40,807,468.03      38,589,497.20
  Intangible Assets                       11               381,641.02         384,907.68
  Total Non-Current Assets                       ₱   5,201,386,468.11 ₱ 4,286,655,220.46

Total Assets                                     ₱   6,498,051,907.76 ₱ 6,204,937,817.09

LIABILITIES
  Current Liabilities
  Financial Liabilities                   12.1   ₱     214,452,537.90 ₱    260,050,155.08
  Inter-Agency Payables                   12.1         424,789,057.97       79,875,630.08


  Intra-Agency Payables                   12.1                    -                   -
  Trust Liabilities                       12.1         184,224,280.35      473,599,037.62
  Deferred Credits/Unearned Income        12.1          96,768,728.10       73,275,237.79
  Other Payables                          12.1          63,975,238.31       26,998,785.24
  Total Current Liabilities                      ₱     984,209,842.63 ₱    913,798,845.81

  Non-Current Liabilities
  Financial Liabilities                   12.2   ₱     573,685,569.48 ₱   611,728,971.37
  Deferred Credits/Unearned Income        12.2         293,975,397.00     323,731,032.30
  Total Non-Current Liabilities                  ₱     867,660,966.48 ₱ 935,460,003.67
Total Liabilities                                ₱   1,851,870,809.11 ₱ 1,849,258,849.48

NET ASSETS/EQUITY
Government Equity                                ₱   4,646,181,098.65 ₱ 4,355,678,967.61


Total Liabilities and Net Assets/Equity          ₱   6,498,051,907.76 ₱ 6,204,937,817.09

(See accompanying Notes to Financial Statements.)

                                                                                             4