Note 19 – Non-Cash Expenses
2024 2023
Depreciation-Land Improvements ₱ 1,809,539.26 ₱ 4,824,148.67
Depreciation-Infrastructure Assets 36,040,274.99 46,497,434.13
Depreciation-Buildings and Other
16,084,814.28 73,774,609.54
Structures
Depreciation-Machinery and Equipment 34,407,277.83 32,112,145.89
Depreciation-Transportation Equipment 16,732,283.94 11,711,521.17
Depreciation-Furniture, Fixtures and Book 163,428.08 555,515.01
Depreciation-Other Property, Plant and
492,124.56 867,829.54
Equipment
Amortization - Intangible Assets 7,043.75 479,893.75
Total ₱105,736,786.69 ₱170,823,097.70
Note 20 - Financial Expenses
Interest Expenses ₱ 1,920,795.80 ₱ 2,039,975.96
Total ₱ 1,920,795.80 ₱ 2,039,975.96
Note 21 – Reconciliation of Net Cash Flows from Operating Activities to Surplus/(Deficit)
Surplus/(Deficit) ₱57,351,686.39 ₱ 10,187,445.51
Non-Cash Transactions:
Depreciation 105,729,742.94 170,343,203.95
Amortization of Intangible Assets 7,043.75 479,893.75
Increase(decrease) in Government
50,516,870.64 56,946,184.69
Equity
(Increase)/Decrease in inventories (3,208,856.53) (22,915,281.56)
(Increase)/Decrease in Prepayments 46,136,293.46 (90,964,876.57)
(Increase)/Decrease in Receivables 12,347,044.39 (12,200,146.61)
Increase(decrease) in short-term
54,256,722.51 12,161,541.04
liabilities
Increase(decrease) in deferred credits (5,957,364.85) (7,992,888.47)
Prior period adjustments 5,928,823.89 8,312,067.66
Increase(decrease) in other payables 40,868,058.51 (24,255,819.27)
Total ₱363,976,065.10 ₱100,101,324.12
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