Note 31 - Reconciliation of Net Cash Flows from Operating Activities to Surplus/
(Deficit):
2024 2023
Surplus for the Period 37,945,968.22 146,494,997.31
Depreciation 95,511,749.54 74,407,466.07
Loss on Sale of PPE 4,836,389.64
Impairment 300,208.90
Non-income Receipts
(Increase) Decrease in Receivables (23,827,055.43) 23,292,930.98
(Increase) Decrease in Inventories (62,400,877.69) (72,267,228.27)
(Increase) Decrease in Prepayments (110,871.66) (1,002,730.28)
Increase (Decrease) in Payables 40,459,345.43 22,118,753.84
Prior Period Adjustment 42,774,363.15 (10,648.43)
Net Cash from Operating Activities ₱135,189,011.20 ₱ 193,333,750.12
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