Meta PixelAnnual Audit Report 2024 — Municipality of La Libertad — Page 21

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Page 21
                         Province of Negros Oriental
                        Municipality of La Libertad
             STATEMENT OF CHANGES IN NET ASSETS/EQUITY
                   For the Year Ended December 31, 2024
                   (With Comparative Figures for CY 2023)


                                                   2024                 2023
Balance at January 1, 2024               ₱    389,776,906.75   ₱   394,107,202.47
   Add (Deduct)
   Changes in Accounting Policy                       0.00                    0.00
   Prior Period Errors                     (15,422,293.24)          (1,250,330.87)
   Restated Balance                      ₱ 374,354,613.51      ₱   446,028,406.43

Add (Deduct) Charges in net assets/equity
during the year
   Surplus (Deficit) for the period            22,371,626.18     (56,251,499.68)
Balance at December 31, 2024              ₱   396,726,239.69   ₱ 389,776,906.75




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