Note 27 – Non-Cash Expenses
This consists of the following:
2024 2023
Depreciation and Amortization
Depreciation – Land Improvements ₱ 935,263.14 ₱ 829,915.73
Depreciation – Infrastructure Assets 9,796,686.91 8,897,829.34
Depreciation – Buildings and Other
Structures 8,572,241.08 7,355.915.10
Depreciation – Machinery and Equipment 9,267,009.86 9,549,890.89
Depreciation – Transportation Equipment 1,993,171.17 1,704,732.53
Depreciation – Furniture, Fixtures and
Books 827,085.20 811,185.81
Depreciation – Other Property, Plant and
Equipment 992,038.70 1,039,168.72
Total ₱ 32,383,496.06 ₱30,188,638.12
Note 28 – Financial Expenses
Interest Expenses ₱ 1,611,230.66 ₱ 0.00
Bank Charges 184,920.00 299,011.28
Other Financial Expenses 0.00 0.00
Total ₱ 1,796,150.66 ₱299,011.28
Note 29– Transfer, Assistance and Subsidy To
This consists of the following:
Subsidy to Other Local Government Units ₱ 174,000.00 ₱ 174,000.00
Subsidy to General Fund Proper/Special
Accounts 0.00 4,000,000.00
Transfers of Unspent Current Year DRRM
Funds to the Trust Funds 4,403,978.90 3,832,675.22
Transfers for Project Equity Share/ LGU
Counterpart 256,967.46 1,500,000.00
Total ₱ 4,834,946.36 ₱ 9,506,675.22
Subsidy to General Fund Proper/Special Accounts amounting to ₱10,810,919.28,
being a reciprocal account, was eliminated in the preparation of the Consolidated Financial
Statements.
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