Province of Negros Oriental
Municipality of La Libertad
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 ₱ 115,421,308.80 ₱ 122,161,169.08
Receivables 5 43,766,755.42 26,333,490.87
Inventories 6 3,013,247.40 2,804,947.40
Total Current Assets ₱ 162,201,311.62 ₱ 151,299,607.35
Non-Current Assets
Property, Plant, and Equipment 7 ₱ 401,189,329.31 ₱ 412,940,567.64
Biological Assets 8 457,500.00 457,500.00
Total Non-Current Assets ₱ 401,646,829.31 ₱ 413,398,067.64
Total Assets ₱ 563,848,140.93 ₱ 564,697,674.99
LIABILITIES
Current Liabilities
Financial Liabilities 9 6,736,594.14 27,775,661.43
Inter – Agency Payables 10 103,346,732.33 88,062,333.73
Intra – Agency Payables 11 0.00 9,920,760.43
Trust Liabilities 12 30,678,683.51 23,569,562.62
Deferred Credits/Unearned Income 13 18,482,371.45 14,007,106.78
Provisions 27,803.40 0.00
Other Payables 14 7,249,795.92 11,585,343.25
Total Current Liabilities ₱ 167,121,901.24 ₱ 174,920,768.24
Total Liabilities ₱ 167,121,901.24 ₱ 174,920,768.24
NET ASSETS/EQUITY
Government Equity ₱ 396,726,239.69 ₱ 389,776,906.75
Total Liabilities and Net Assets/Equity ₱ 563,848,140.93 ₱ 564,697,674.99
See accompanying Notes to Financial Statements.
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