Appendix C.1
Province of Negros Oriental
Municipality of La Libertad
STATEMENT OF CHANGES IN NET ASSETS/EQUITY
General Fund
As of December 31, 2024
(With Comparative Figures for CY 2023)
2024 2023
Balance at January 1, 2024 376,514,949.02 381,338,660.64
Add (Deduct)
Change in Accounting Policy 0.00 53,171,534.83
Prior Period Errors (15,122,546.37) (1,627,070.78)
Restated Balance 361,392,402.65 432,883,124.69
Add (Deduct) Changes in net assets/equity during the year
Adjustment of net revenue recognized directly in net assets/equity 0.00 0.00
Surplus (Deficit) for the period 22,353,246.46 (56,368,175.67)
Total recognized revenue and expenses for the period 22,353,246.46 (56,368,175.67)
Balance at December 31, 2024 383,745,649.11 376,514,949.02
