Note 7 – Inventories
Account Name 2024 2023
Welfare Goods for Distribution ₱ 47,326,072.78 ₱ 27,341,097.08
Drugs and Medicines Inventory for Distribution 9,807,608.82 0.00
Textbooks and Instructional Materials for Distribution 14,951,008.60 36,905,028.60
Other Supplies and Materials for Distribution 631,530.00 199,800.00
Office Supplies Inventory 20,283,137.61 25,988,690.32
Accountable Forms, Plates and Stickers 9,164,280.64 8,540,210.18
Drugs and Medicines Inventory 132,552,543.25 136,860,502.57
Medical, Dental and Laboratory Supplies Inventory 182,923,046.88 178,200,766.26
Fuel, Oil and Lubricants Inventory 85,183,843.79 86,717,668.81
Agricultural and Marine Supplies Inventory 31,377,617.09 31,377,617.09
Construction Materials Inventory 3,085,034.01 7,825,894.43
Other Supplies and Materials Inventory 20,681,125.70 19,846,324.50
Semi-Expendable Machinery 129,980.00 0.00
Total ₱ 558,096,829.17 ₱ 559,803,599.84
No inventory items were pledged as security during the current or prior financial year.
The consumed portion of the supply accounts was recorded on the basis of the Summary of Supplies
and Materials Issued by the Provincial General Services Office.
Note 8 – Prepayments
Account Name 2024 2023
Advances to contractors ₱ 984,894,478.96 ₱ 172,203,328.20
Prepaid Insurance 4,850,743.78 4,188,028.94
Total ₱ 989,745,222.74 ₱ 176,391,357.14
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