8. Prepayments and Deferred Charges
This account consists of the following:
Prepayments 2024 2023
Advances to Contractors ₱ 57,645,112.93 ₱ 62,830,657.61
Prepaid Insurance 51,359.38 20,107.63
Other Prepayments 1,552.88 1,552.88
Total ₱ 57,698,025.19 ₱ 62,852,318.12
9. Property, Plant and Equipment
This account consists of the following:
Land
Land ₱ 2,548,566.95 ₱ 1,982,663.45
Land Improvements
Land Improvements, Aquaculture
4,695,975.67 4,695,975.67
Structures
Other Land Improvements 474,848.42 474,848.42
Infrastructure Projects
Road Networks 110,668,750.21 50,370,956.45
Flood Control Systems 12,141,168.91 3,279,958.59
Water Supply Systems 18,484,832.87 13,760,623.69
Power Supply Systems 3,282,989.56 2,448,474.91
Parks, Plazas and Monuments 337,167.10 337,167.10
Other Infrastructure Assets 759,010.96 110,684.96
Buildings and Other Structures
Buildings 3,371,604.51 3,371,604.51
School Buildings 4,071,685.65 2,832,059.65
Hospital and Health Centers 1,542,274.22 46,183.85
Markets 1,747,884.95 1,747,884.95
Other Structures 24,363,963.13 14,850,923.48
Machinery and Equipment
Machinery 594,195.00 594,195.00
Office Equipment 2,876,130.58 2,588,131.58
Information and Communication
16,658,930.95 14,573,375.95
Technology
Agriculture and Forestry Equipment 187,000.00 187,000.00
Communication Equipment 1,886,678.48 1,886,678.48
Construction and Heavy Equipment 42,636,398.30 40,141,398.30
Disaster Response and Rescue
3,900,840.00 3,012,940.00
Equipment
Medical Equipment 152,000.00 0.00
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