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                                              Republic of the Philippines
                                             Province of Negros Oriental
                                            Municipality of Sta. Catalina

                                    Statement of Changes in Net Assets/Equity
                                       For the Year Ended December 31, 2024
                                     (With Comparative Figures for CY 2023)

                                                                              2024                   2023

Balance, January 1                                                    ₱ 1,416,285,380.24    ₱    846,054,527.67
Add (Deduct) :
   Changes in Accounting Policy                                                      0.00                    0.00
   Prior Period Errors                                                     70,632,358.30          517,104,449.32
   Other Adjustments                                                                 0.00           5,952,354.79
Restated Balance                                                      ₱ 1,486,917,738.54    ₱   1,369,111,331.78
Add (Deduct) Changes in Net Assets/Equity during the year
Adjustments of net revenue recognized directly in net assets/equity   ₱              0.00   ₱         105,445.22
Surplus (Deficit) for the period                                           31,598,244.78           48,756,444.61
Others                                                                     10,590,547.40           (1,687,841.37)
Total Recognized revenue and expenses for the period                       42,188,792.18           47,174,048.46
Balance, December 31                                                  ₱ 1,529,106,530.72    ₱   1,416,285,380.24




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