Note 26. Transfers, Assistance, and Subsidy To
This account is composed of the following:
2024 2023
Financial Assistance/Subsidy to
Subsidy to Other Local Government Units ₱ 513,000.00 ₱ 0.00
Subsidy to Other Funds 1,000,000.00 1,000,000.00
Subsidy – Others 0.00 217,660.00
Transfers to
Transfer for Project Equity Share/LGU
0.00 150,000.00
Counterpart
Total Transfers Assistance and Subsidy to ₱ 1,513,000.00 ₱ 1,367,660.00
Note 27. Adjustment of net revenue recognized directly in net assets/equity
This account is composed of the following:
Collection on Transfer from TF to GF (70% of
₱ 0.00 ₱ 4,138,150.93
5% LDRRMF-CY 2014-2015)
Transfer of Equipment from Trust to GF Disaster
1,298,000.00 340,000.00
Response and Rescue Equipment
Prior year adjustment (206.27) 0.00
Total Adjustment of net revenue recognized
₱ 1,297,793.73 ₱ 4,478,150.93
directly in net assets/equity
Note 28. Reconciliation of Net Cash Flow from Operating Activities to
Surplus/Deficit
This account is composed of the following:
Surplus/Deficit 50,943,590.16 63,944,722.20
Depreciation 28,921,210.25 23,963,215.69
(Increase)/Decrease in Receivables 694,410.61 8,887,074.42
(Increase)/Decrease in Inventory (1,274,847.59) (1,903,658.10)
Increase/(Decrease) in Payables 4,395,581.73 (7,481,917.86)
Prior Period Adjustments 2,227,915.42 3,714,608.41
Net Cash Flow from Operating Activities 85,907,860.58 91,124,044.76
33
