Note 24 – Other Income
This consists of the following:
2024 2023
Miscellaneous Income ₱ 1,197,688.31 ₱ 385,019.55
Note 25 – Employee Costs
This consists of the following:
Personnel Services
Salaries and Wages – Regular ₱ 54,122,238.33 ₱48,699,329.35
Other Compensation
Personal Economic Relief Allowance 3,279,272.94 3,198,363.74
Representation Allowance 2,389,725.00 2,103,187.50
Transportation Allowance 2,391,637.50 2,103,187.50
Clothing/Uniform Allowance 945,000.00 828,000.00
Subsistence Allowance 194,750.00 176,900.00
Laundry Allowance 18,919.90 17,283.54
Productivity Incentive Allowance 690,000.00 640,000.00
Honoraria 2,395,298.60 2,293,390.30
Hazard Pay 1,046,161.65 969,371.50
Longevity Pay 185,000.00 110,000.00
Overtime and Night Pay 2,168,746.08 1,835,259.98
Mid-Year and Year-End Bonuses 4,913,283.85 4,094,677.50
Cash Gift 684,750.00 673,500.00
Other Bonuses and Allowances 4,113,326.00 4,088,406.00
Personnel Benefit Contribution
Retirement & Life Insurance Premiums 6,367,171.07 5,718,259.35
Pag-IBIG Contribution 311,400.00 157,400.00
PhilHealth Contribution 1,311,290.51 936,805.83
Employees Compensation Insurance
Premiums 163,400.00 158,400.00
Other Personnel Benefit
Terminal Leave Benefits 2,438,150.95 7,144,822.15
Other Personnel Benefits 2,878,500.00 2,654,500.00
Total ₱ 93,008,022.38 ₱88,601,044.24
27