2024 2023
Repairs and Maintenance-
Buildings and Other Structures 252,485.07 301,643.85
Machinery and Equipment 2,090,033.60 1,347,321.30
Transportation Equipment 1,551,131.49 1,580,294.04
Furniture and Fixtures 12,290.00 1,980.00
Taxes, Insurance Premiums and
Other Fees
Taxes, Duties and Licenses 35,159.00 53,782.64
Fidelity Bond Premiums 46,507.37 55,621.75
Insurance Expenses 1,085,552.52 1,807,384.35
Other Maintenance and Operating
Expenses
Representation Expenses 132,454.00 0.00
Rent Expenses 841,500.00 617,750.00
Membership, Dues and 30,000.00
0.00
Contributions to Organizations
Donations 12,011,139.69 18,719,724.47
Other Maintenance and Operating 9,798,638.50
11,098,887.00
Expenses
Total Maintenance and Other
₱ 101,319,253.98 ₱ 94,688,439.82
Operating Expenses
Note 22. Financial Expenses
This account is composed of the following:
Interest Expenses ₱ 3,064,940.41 ₱ 3,509,062.67
Other Financial Charges 30,649.40 35,062.41
Total Financial Expenses 3,095,589.81 3,544,125.08
₱ ₱
Note 23. Non-Cash Expenses
This account is composed of the following:
Depreciation and Amortization
Depreciation-Infrastructure Assets ₱ 843,323.02 ₱ 815,426.17
Depreciation-Buildings and Other 1,188,339.68
2,866,504.51
Structures
Depreciation-Machinery and
9,879,443.35 9,328,510.32
Equipment
Depreciation-Transportation 1,323,163.04
1,975,451.69
Equipment
26
