Republic of the Philippines
Province of Negros Oriental
City of Guihulngan
Statement of Financial Performance
For the Year Ended December 31, 2024
(With Comparative Figures for CY 2023)
(in Philippine Peso)
Note 2 0 2 4 2 0 2 3
Revenue
Tax Revenue 18 18,416,392.65 17,607,816.27
Share from Internal Revenue
Collections 19 1,064,551,584.00 1,004,076,369.00
Service and Business Income 20 28,466,463.46 27,612,963.38
Shares, Grants and Donations 21 129,066.50 665,570.00
Other Income 22 1,624.52 23,855.17
Losses 23 (4,838,014.16) 0.00
Total Revenue 1,106,727,116.97 1,049,986,573.82
Less: Current Operating Expenses
Personal Services 24 295,528,862.06 262,416,634.46
Maintenance and Other Operating
Expenses 25 632,390,299.00 543,721,694.25
Non-Cash Expenses 26 95,511,749.54 74,707,674.97
Financial Expenses 27 40,853,750.71 28,582,402.57
Current Operating Expenses 1,064,284,661.31 909,428,406.25
Surplus (Deficit) from Current
Operation 42,442,455.66 140,558,167.57
Add (Deduct) :
Transfers, Assistance and Subsidy From 28 81,008,162.62 65,931,447.68
Transfers, Assistance and Subsidy To 29 (85,504,650.06) (59,994,617.94)
Surplus (Deficit) for the Period 37,945,968.22 146,494,997.31
See accompanying Notes to the Financial Statements.
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