Province of Negros Oriental
Municipality of Jimalalud
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 ₱ 173,532,046.91 ₱ 193,405,980.44
Receivables 5 24,776,774.35 25,704,837.90
Inventories 6 6,709,224.00 6,709,224.00
Prepayments and Deferred Charges 7 105,700.00 105,700.00
Total Current Assets ₱ 205,123,745.28 ₱ 225,925,742.34
Non-Current Assets
Receivables 5 ₱ 681,427.83 ₱ 681,427.83
Property, Plant, and Equipment 8 402,515,573.01 257,641,175.04
Biological Assets 9 1,715,503.00 1,715,503.00
Intangible Assets 10 100,000.00 100,000.00
Total Non-Current Assets ₱ 405,012,503.84 ₱ 260,138,105.87
Total Assets ₱ 610,136,249.10 ₱ 486,063,848.21
LIABILITIES
Current Liabilities
Financial Liabilities 11 ₱ 4,253,047.90 ₱ 574,680.03
Inter – Agency Payables 12 16,853,465.57 22,480,883.10
Intra – Agency Payables 13 0.00 110,200.22
Trust Liabilities 14 24,310,453.92 15,513,303.17
Deferred Credits/Unearned Income 15 6,613,970.95 5,673,372.63
Other Payables 16 1,446,008.31 1,238,659.56
Total Current Liabilities ₱ 53,476,946.65 ₱ 45,591,098.71
Non-Current Liabilities
Financial Liabilities 11 ₱ 88,610,869.99 ₱ 0.00
Total Non-Current Liabilities ₱ 88,610,869.99 ₱ 0.00
Total Liabilities ₱ 142,087,816.64 ₱ 45,591,098.71
NET ASSETS/EQUITY
Government Equity ₱ 468,048,432.46 ₱ 440,472,749.50
Total Liabilities and Net Assets/Equity ₱ 610,136,249.10 ₱ 486,063,848.21
See accompanying Notes to Financial Statements.
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