Status of Advances to Special Disbursing Officer as of March 31, 2019

Parent Category: Financial Reports Category: ACCOUNTANT'S REPORT
Created: 21 May 2019

 

  ISLAND GARDEN CITY OF SAMAL
Consolidated Statement of Cash Flows
 For the quarter ended March 31, 2019
         
Particulars  Total   General Fund   Special Education Fund   Trust Fund 
Cash Flows from Operating Activities        
Cash Inflows        
     Collection from taxpayers        14,862,126.95         14,079,014.84          783,112.11                            -  
     Share from Internal Revenue Allotment      162,851,418.00       162,851,418.00                           -                              -  
     Receipts from business/service income        38,734,853.35         38,734,853.35                           -                              -  
     Interest Income              698,663.57               620,165.33            21,200.95              57,297.29
     Other Receipts        33,825,966.03         18,384,590.58       7,472,653.76        7,968,721.69
    Total Cash Inflows      250,973,027.90       234,670,042.10       8,276,966.82        8,026,018.98
Cash Outflows        
    Payments to suppliers and creditors        61,981,991.10         47,313,167.09       4,009,285.22      10,659,538.79
    Payments to employees        65,640,770.52         65,424,023.60            91,888.50           124,858.42
    Other Expenses        28,575,843.28         27,109,009.34          583,092.09           883,741.85
    Total Cash Outflows      156,198,604.90       139,846,200.03       4,684,265.81      11,668,139.06
Net Cash Flows from Operating Activities        94,774,423.00         94,823,842.07       3,592,701.01       (3,642,120.08)
Cash Flows from Investing Activities        
Cash Inflows         
      Collection of Principal on Loans to other entities              877,487.64               877,487.64                           -    
     Total Cash Inflows              877,487.64               877,487.64                           -                              -  
Cash Outflows        
    Purchase/Construction of Property, Plant and Equipment        54,285,983.83         47,671,174.89          554,917.00        6,059,891.94
     Grant of Loans                     200.01                      200.01                           -    
    Total Cash Outflows        54,286,183.84         47,671,374.90          554,917.00        6,059,891.94
Net Cash Flows from  Investing Activities       (53,408,696.20)        (46,793,887.26)        (554,917.00)       (6,059,891.94)
Cash Flows from Financing Activities        
Cash Inflows        
      Proceeds from Loans        23,809,576.00         23,809,576.00                           -    
     Total Cash Inflows        23,809,576.00         23,809,576.00                           -                              -  
Cash Outflows        
    Payment of loan amortization          1,958,748.03           1,958,748.03                           -    
    Total Cash Outflows          1,958,748.03           1,958,748.03                           -                              -  
Net Cash Flows from Financing Activities        21,850,827.97         21,850,827.97                           -                              -  
Total Cash Provided by Operating, Investing and         
        Financing Activities        63,216,554.77         69,880,782.78       3,037,784.01       (9,702,012.02)
Add: Cash at the Beginning of the year      418,656,094.13       346,267,865.51    19,427,297.41      52,960,931.21
Cash Balance at the End of the Quarter    481,872,648.90     416,148,648.29   22,465,081.42    43,258,919.19
         
     Certified Correct:    
         
                  Gladys P. Huraño  
                    City Accountant