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                                          Province of Negros Oriental
                                           Municipality of Sibulan
                                  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       ₱      381,290,927.15   ₱   364,737,033.07
  Investments                                       5                    1,622.65             1,622.65
  Receivables                                       6                5,307,712.46         7,103,357.17
  Inventories                                       7                3,178,505.69         1,903,658.10
  Prepayments and Deferred Charges                  8                1,101,234.10                  -
  Total Current Assets                                      ₱      390,880,002.05   ₱   373,745,670.99

  Non-Current Assets
  Investments                                                                 -                    -
  Receivables                                                                 -                    -
  Investment Property                                                         -                    -
  Property, Plant and Equipment                    9               436,697,315.77       400,139,420.36
  Biological Assets                                10                  657,947.00           580,447.00
  Intangible Assets                                11                   76,768.50            76,768.50
  Total Non-Current Assets                                  ₱      437,432,031.27   ₱   400,796,635.86
Total Assets                                                ₱      828,312,033.32   ₱   774,542,306.85

LIABILITIES
  Current Liabilities
  Financial Liabilities                            12       ₱       10,558,021.00   ₱     8,739,680.06
  Inter-Agency Payables                            13               12,796,529.69        19,367,595.47
  Intra-Agency Payables                            14                1,770,945.35         1,547,086.63
  Trust Liabilities                                15               21,846,271.08        16,926,426.20
  Deferred Credits/Unearned Income                 16                7,834,255.66         6,860,031.24
  Provisions                                                                  -                    -
  Other Payables                                   17               28,461,813.08        25,431,434.53
  Total Current Liabilities                                 ₱       83,267,835.86   ₱    78,872,254.13

  Non-Current Liabilities
  Financial Liabilities                                     ₱                 -     ₱              -
  Deferred Credits/Unearned Income                                            -                    -
  Provisions                                                                  -                    -
  Other Payables                                                              -                    -
  Total Non-Current Liabilities                             ₱                 -     ₱              -
Total Liabilities                                           ₱       83,267,835.86   ₱    78,872,254.13

NET ASSETS/EQUITY
Government Equity                                           ₱      745,044,197.46   ₱   695,670,052.72
Total Liabilities and Net Assets/Equity                     ₱      828,312,033.32   ₱   774,542,306.85

See accompanying Notes to Financial Statements.




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