MU NOZ WATER DISTRICTBALANCE SHEET

As of November 30, 2015

ASSETSCURRENT ASSETS

Cash on HandCash in BankReceivables:

Accounts ReceivablesLess: Allowance for Doubtful Accts.

Notes ReceivableOther Receivables

InventoriesTotal Current Assets

NON-CURRENT ASSETSSinking FundProperty, Plant & EquipmentLess: Accumulated DepreciationsNet Property Plant & Equipment

Total Non-Current AssetsOTHER ASSETS

Other Assets

TOTAL ASSETS

2,14-1,210.5269,010.23

2,072,200.2920,205.0056,85000

70,399,814.1624,496,229.46

10,000,009,660,283.99

2,149,255.291.483,354.78

7,817,586.91

45,903,584.70

13,302,894.06

53,721,171.61

73,757.16

67,097,822.83

LIABILITIES & EQUITY

CURRENT LIABILITIESAccounts PayableDue to BIRDue to GSISGuaranty Deposits Payable

Total Current Liabilities

LONG TERM LIABILITIESLoans Payable _- DomesticOther Payables

Total Long Term Liabilities

DEFERRED CREDITSDeferred Credits

Total Liabilities

EQUITYRetained Earnings

Total Equity

TOTAL LIABILITIES & EQUITY

182,014.3986,766.30

300.001,616,671.03

6,730,067.672,212,854.30

56,235.109.76

1,885,751.72

8,942,921.97

34.039.38 10,862,713.07

56,235,109.76

67,097,822.83

Prepa

x)rpS. VENERACION

Acct. Analyst

ApprovedrtSy?

: ROGELIO L MIGUELGeneral Manager

ACTUAL

2,284,320:07185,360:0073,148.5610,150:00

SOOiOO322:30

2,554,100.93

1,608,590:8670,547.14

140,000:001,819,138.00

734,962.93

0:000.000.00

201i,309:7073,523.6498,031 .52

5,950:0022,804.35

4011,619,21(4011,619:21)

0:00

65,505,000:00

2,550:0068,055,00(68,055,00)

265,288,72:9,404,995.279,670,283:99

Current MonthBUDGET OVER(UNDER)

BUDGET

2,347,900.00 (63,579.93)189,300.00 (3,940.00)

0.00 73,148.568,000.00 2, 150.00i

0.00 800.000,00 322.30

2,545,200.00

2,006,700,0077,700.00

220,400.002,304,800,00

240,400.00

1 ,000.000,00

1,000,00

248,700.0062,900.0086,000,00

8,000,0026;600.00

432,200.00<431 ,200.00)

0.00

66,300.000.00

1,000.0067,300.00

(67,300.00)(258,100.00)

2,382,982.652,124,882.65

8,900.93

(398,109,14)(7,152.86)

(80,400.00)(485,662.00)494,562.93

(1 ,000.00)0.00:

(1,000.00)

(47,390,30)10,623.6412,031.52(2,050.00)(3,795.65)

(30,580.79)29,580.79:

O.OOi

(795.00)O.OOi

1,550.00 1755.00(755.001

523,388.727,022,012.627,545,401,34

Prepared by:̂klfi

MUNOZ WATER DISTRICTSTATEMENT OF CASH FLOWS

For the month ended November 30, 2015

Cash Flows from operating ActivitiesCash inflows:

Collection of ReceivablesCollection of IncomeCollection of Fines & PenaltiesCollections of Guaranty DepositsCollections of Notes ReceivableRefund of Cash AdvanceTotal Caslr Inflows

Cash OutflowsPayment of Operating ExpensesRemittance of GSIS/PaglBIG/PhilhealthPurchase of [office supplies & inventoriesTotal Cash Outflows

Total Cash Provided by Operating Activities

Cash Flows from Investing ActivitiesCash Inflows

Interest on DepositsTransfer oiaccount from savings to current

Total Cash Inflows

Cash OutflowsCAPEX (Puchase of office equipment)Transfer of fund to Sinking fund(LWUA/MWD JSA 198-1)Transfer of fund to Sinking fund(Contingency Reserve)Transfer of fund to Sinking fund(Guaranty Deposits 198-3)Transfer of fund to Sinking fund(PS reserve 5% of Payroll)Total Cash outflows

Total Cash Provided by Investing Activities

Cash Flows from Financing ActivitiesCash InflowsCash Outflows

Payment of Domestic loanPayment of accounts payableOther Bank Charges

Total Cash OutflowsTotal Cash Provided by Financing Activities

Cash Provided by Operating, Investing & Financing ActivitiesAdd: Cash and Cash Equivalents - BeginningCash and Cash Equivalents - Ending

ACTUAL

24,323,534.291,565,724.00

773,887.05121,100.00

3,800.00136,517.19

26,924,562.53

15(458,696.52717,976.54

1,761,706.5217,938,379.588,986,182.95

11,667.490.00

11,667.49

2,506,907.61808,262.36

1,077,683.16110,950.00923,925.08

5,427,728.21(5,416,060.72)

0.00

720,556.00543,650.00

4,250.001,268,456.00

(1,268,456.00)2,301,666.237,368,617.769(670,283.99

Year to iDateBUDGET

24,731,200.002,025,100.00

0.0088,000.00

0.000.00

26,844,300.00

19,570,400.00854,700.00

2,424,400.0022,849,500.00

3,994,800.00

11,000.000.00

11,000.00

2,735,700.00691 ,900,00946,000,00

88,000.00292,600.00

4,754,200.00(4,743,200.00)

0.00

729,300.00415,000.00

11,000.001,155,300.00

(1,155,300.001(1,903,700.0014,028,582.652,124,882.65

OVER(UNDER)BUDGET

(407,665.71)(459,376.00)773,887.05

33,100.003,800.00

136,517.1980,262.53

(4,111,703.48)(136,723.46)(662,693.48)

(4,911,120.42)4,991,382.95

667.49iO.OO

667.49

(228,792.39)116,362.36131,683.1622,950.00

631,325.08673,528.21

(672,860.72)

0.00

(8,744.00)128,650.00

(6.750.00J113,156.00

(113,156.0014,205,366.233,340,035.117,545,401.34

Approved by:

CorpVENERACION

."Acct. AnalystROGELIO L MIGUEL

General Manager (\l

MUNOZ WATER DISTRICTDetailed Statement of Changes in Equity

As of November 30, 2015

Current Month Year to Date

Government EquityBalance at beginning of periodAdditions(Deductions)

Balance at end of period

Donated CapitalBalance at beginning of periodAdditions(Deductions)

Balance at end of period

Retained EarningsBalance at beginnning of periodPrior Period AdjustmentsChanges during the periodNet Income (loss) for the Period

Balance at end of period

Total Equity

0.00

0.00

0.000.00

0.00

55,563,137,69

671,972.07

56,235,109.71T

56,235,109.76

0.00

0.00

o.oo0.00

0.00

51,016,603.10(2,470,885.38)

7,689,392.04

56,235,109.76"

56,235,109.76

Prepared by:

<HOBERTarS. VENERACIONSp/Corp. Acct. Analyst

Approved by:

ENGR: ROGELIO L MIGUELGenera! ManageQ/

CURRENT MONTHOVER(UNDER)

ACTUAL BUDGET BUDGET

2,523,678.98 2,463,600:00 60,078.98

539,012.29452,513.08

70,547.1438,640,006,264.006,000.00

50,999.80217,721,53

22,137.390,00

2,500.005,358.00

0.00475.00

107,203.1453,768.02

3,060.0052,623.6444,038.71

253,309.510.00

1,926,171.25

531,500.00434,700:00

77,700:00162,200:00

17,000:0036,700:00

103,800:00306,300!0023,700:00

3,400:0011,400:0017,000:00

500:00

1,200:00182,300100100,600:00

8,000:0068,400:0048,100100

271,300:0040,000.00

2,445,800:00

7,51i2.29;17,81!3.08;(7,152.86)

(123,560.00)(10,736.00)(30,700.00)(52,800,20)(88,578.47)

(1,562.61)(3,400.00)(8,900.00)

(11,642.00)(500.00)(725.00)

(75,096.86)(46,831 .98)

(4,940.00)(15,776.36)

(4,061.29)(17,990.49)(40.000.00J

J51 9,628.75)

MUNOZ WATER DISTRICTSTATEMENT OF INCOME AND EXPENSES

For the month ended i November 30, 2015

Business IncomeLess: Operation and Maintenance Expenses

Personal ServicesOther CompensationPersonnel Benefits ContributionOther Personnel BenefitsTravelling ExpensesTraining ExpensesSupplies & Materials ExpensesUtility ExpensesCommunications ExpensesMembership Dues & Contri. to OrganizationsAdvertising ExpensesRepresentation expenseTransportation & Delivery expenseSubscription expenseProfessional ServicesRepairs & MaintenanceMiscellaneous expensesTaxes, Insurance Premiums and jOther FeesNon.Cash ExpensesDepreciation Expenses:Other Expenses

Total Operation & Maintenance Expenses

_59_7,507.73_ ______ 1L.8_Q9J<?0__ ____ 57_9,707.7_3;_ Utility Operating Income

4,394.7368,473.61

1,000:00_70,3J30:00__

__72,868._34__

670,376.07

(4,146.00)____2,550._00__

(1,596.00)

89,100:00

5,600:00_j_,ppo.op__

6,600:00

3,394.73;___(1,826.3J)_

1,56_8.34_

581,276.07

(9,746.00)

(8,196.00)

671,972.07 82,500:00 589,472.07

Add: Other IncomeInterest IncomeMiscellaneous Income

Total Other Income

Net Income Before Income DeductionsLess: Income Deductions

Interest ExpenseOther Financial Charges

NET, INCOME/(Net Loss)

YEAR TO DATE

ACTUAL

26,410,601.62

5,095,308.291,748,680.60

717,976.541,084,718.02

287,737.36265,760.00925,1!02.37

2,837,137.86242,177.42

10,200.0091,446.39

236,925.660.00

5,250.001,361,394.86

615,412.1973,907.20

757,430.19446,247.26

2,647,438.537,050.00

19,457,300.74

6,953,300.88

61,268.79734,360.37

795,629.16

(BUDGET

26,362,200.00

5,846,500.00ill, 924, 400. 00

854,700.0011,784,200.00

532,000.00473,700.00

1i,141, 800,003,283,400.00

260j700.0035,600.00

123,600.00247,000,00

5,500.0013,200.00

2,008,300.0011,112,600.00

88,000.00729/900.00516,700.00

2,984,300.00420,000.00

24,386,100.00

li.976,100.00

1 1 ,000.00751,200.00

762,200.00

DVER(UNDER)BUDGET

48,401.62

(751,191.71)(175,719.40)(136,723.46)(699,481.98)(244,262.64)(207,940.00)(216,697.63)(446,262.14)(18,522.58);(25,400.00);(32,153.61)!(1 0,074.34)

(5,500.00)(7,950.00)

(646,905.14)(497,187,81)

(14,092,80)27,530.f9

1(70,452.74)(336,861.47)(412,950.00]

(4,928,799.26)

4,977,200.88

50,268.791(16,839.63]

33,429.16

7,748,930.04 2,738,300.00 5,010,630.04

55,088.00 68,400.00 :(1 3,312.00)

59,538.00 79i400.00 (19,862.00)

7,689,392.04 2,658,900.00 5,030.492.04

Prepa

R0BERTO S. VENERACION^5r. Corp. Acct. Analyst

Approved by:: __ C*"^

ROGELIOL. MIGUELManager (\l

CURRENT MONTHOVER(UNDER)

ACTUAL

2,349,570.42100,960.0073,148.56

2,523,678.98

53,818.008,500.008,500.00

0.000.00

25,500.005,000.00

63,151.5860,000.00

228,043.50452,513.08

59,609.642,600.005,737.502,600.00

70,547.14

38,640.0038,640.00

6,264.000.00

6,264.00

6,000.000.00

6,000.00

19,157.410.00

650.000.00

21,114.3910,078.0050,999.80

BUDGET

2,344,600.0048,700,0070,300.00

2,463,600.00

56,000.009,500.00!9,500,00

0.000,00

0.0023,900,0070,000.00

265,800,00434,700.00

65,000.002,800,007,100.002,800,00

77,700,00

162,183.33162J 83.33

15,000.002,000.00

17,000.00

33,500,003,200,00

36,700,00

17,000,001,000.001,600.00

20,000.0044,000,0020,000.00

103,600.00

BUDGET1.

4,970.4252,260.002,848.56

60,078.98

(2,182.00)(1,000.00)(1 ,000.00)

0.000.00

5,000.0039,251.58

(10,000.00)(37,756.50)

(7,686.92)3.

(5,390.36)(200.00)

(1 ,362.50)(200.00)

(7,152.86)4.

(123,543.331(123,543.33)

5.(8,736.00)(2,000.00)

(10,736.00)6.

(27,500.00)i3,200.00)

(30,700.00)7.

2,157.41(1 ,000.00)

(950.00)(20,000.00)(22,885.61)(9,922.001

(52,600.20)

MUNOZ WATER DISTRICTDETAILED STATEMENT OF INCOME AND EXPENSES

For the month ended November 30, 2015

Business IncomeIncome From Waterworks SystemOther Business IncomeFines & Penalties - Business Income

Other CompensationPersonal Economic Relief Allowance(PERA)Representation Expense (RA)Transportation Expense (TA)Clothing/Uniform AllowanceHonorariaHazard PayLongevity PayOvertime & Night PayCash GiftYear End!Bonus

Personnel Benefits ContributionLife & Retirement Insurance ContributionPaglBIG ContributionPHILHEALTH ContributionECC: Contribution

Other Personnel BenefitsOther Personnel Benefits

Travelling expense - localTravelling expense - OfficeTravelling expense;- BOD

Training expenseTraining expense - officeTraining expense - BOD

Supplies & Materials ExpensesOffice Supplies Expenses - i(office)Office Supplies Expenses - (BOD)Accountable Forms ExpensesGasoline, Oil & Lubricants - PumpingGasoline, Oil & Lubricants - VehiclesOther Supplies Expense

YEAR TO DATEOVER(UNDER)

ACTUAL

24,993,714,57643,000,00773,887.05

26,41 0,601;.62

533,818,0093,500.0093,500.00

120,000,0015,500.0025,500.0025,000,00

265,775.60120,000.00456,087.00

1,748,680,60

606,914.0426,600.0057,862.5026,600.00

717,976.54

1,084,718.021,084,718.02

244,909.3642,828.00

287,737.36

212,760,0053,000,00

265,760.00

219,042.384,214.006,450.00

169,216.19306,849,772119,330,03925,102,37

BUDGET

25,088,300.00522,70.0.00 1751,200.00

26,362,200.00

616,000.00104, 500.00 .104,500.00140,000.00 1

0.00

25,000.00 1262,900.00140,000.00531, 500.00 1

1,924,400.00

71 5,000.00 130,800.00!78,100.0030,800.00'

854,700.00

1,784,016.631,784,016.63

360,000.00172,000. 00 1532,000.00

368,500.00:105,200.00473,700.00 1

1B7,OOO.OOi11,000.0017,600.00!

220,000.00!484,000.00!221,800.00!

1,141,400.00

BUDGET

(94,585.43)120,300.0022;687.0548,401.62

(82,182.00)(1 1 lOOO.OO)(1 11000.00)(20;000.00)15,500.00

0.002;875.60

(20;000.00)(75,41 3.00J

(201,219.40)

(108i085.96)(4,200.00)

(20,237.50)(4,200.00)

(136,723.46)

(699,298.61)(699,298.61)

(115,090.64)(129,172.00)(244,262.64)

(155,740.00)(52,200.00)

(2071940.00)

32;042.38(6,786,00)

(11,150.00)(50,783.81)

(177,150.23)(2,469.97)

(216,297.63)

2,253,00200,621.47

14,847.06217,721.53

0.001,090.73

12,697.662,000.006,349.00

0.0022,137.39

0.000.00

56,710.507,122.644,550.00

38,820.00107,203.14

990.00

0.000.000.000.000.00

0.0024,425.00

0.000.000.000.000.00

16,545.0211,808.00

0.000.00

53,768.02

48,991.78562.50

3,069.3652,623.64

3,000,00278,800.00

24,500.00306,300.00

500,008,200.006,000,002,500,006,000.00

500,0023,700.00

3,000.0010,000.0094,000.00

7,600,008,500.00

59,200,00182,300,00

3,000,00

3,000,001,500.003,500.001,000.008,000,00

11,000,008,000.002,500.001,000.00

21,500.00500.00500,00

8,000.009,000.00

17,000,001,600,00

100,600.00

53,100,001,300,00

14,000,0068,400.00

(747.00)(78,178.53)

(9,652.94(88,578.47)

(500.00)(7,109.27)6,697.66

(500.00)349.00

(500.00)i!562.6t)

(3,000.00)(10,000.00)(37,289,50)

(477.36)(3,950,00)

_(20,380,001(75,096,86)

(2,010.00)

(3,000,00)(1,500.00)(3,500.00)(1 ,000.00)(8,000.00)

(11,000.00)16,425.00(2,500.00)(1,000.00)

(21,500.00)(500.00)(500.00)

8,545,022,808.00

(17,000.00)(1,600.00)

(46,831.98)

(4,108.22)(737.50)

(10,930.64)(15,776.36)

8. Utility ExpensesWater ExpenseElectricity Expenses - PumpingElectricity Expenses - Office

9. Communications ExpensesPostage & DeliveriesTelephone Expenses - LandlineTelephone Expenses - Mobile OfficeTelephone Expenses - Mobile BODInternet ExpensesCable, Satellite, Telegraph & Radio Expense

10. Professional ServicesLegal ServicesAuditing ServicesGeneral ServicesSecurity ServicesOther Professional ServicesBoard Members Allowance and other Benefits

11. Repairs & MaintenanceOffice BuildingsBuildings & Other Structures-Pumphouse-Building & Other StructuresOffice EquipmentOffice Furniture &iFixtureIT Equipment & softwareMachineries & Equipment-Power Generating; Equipment-Pumping Equipment-Water treatment equipmentOther Machineries & EquipmentMotor VehiclesProduction WellReservoir & TanksTransmission & Distribution MainsServicesMetersHydrants

12. Taxes, Insurance Premiums & Other FeesTaxes, Duties & LicensesFidelity Bond!PremiumInsurance expense

27,259,002,603,666.47

206,212.392,837,137.86

380,0087,6911.9566,830,7827,000.0056,574.693,700.00

242,177.42

11,250,0090,742.72

680,509,5075,522.6482,350.00

421,020,001,361,394.86

30,177.79

20,872.0015,092;. 009,526.00!8,845.00

31,460.00

25,472.0069,401.00B,500,004,382.00

71,457.390.00

675.00179,149.84133,693.21

15,804,19904.77

615,412.19

623,932.1912,187.50

121,310.50757,430.19

33,000.002,980,900,00

269,500.003,283,400.00

5,500.0090,200.0066,000.0027,500.00:66,000.00

5,500.00:260,700.00

33,000.00110,000.00:

1,037,000.0083,600.0093,500.00

651,200.002,008,300.00

33,000.00

33,000.0016,500.00:38,500.0011,000.0088,000.00

124,000.0088,000.0027,500.00:11,000.00

236,500.005,500.005,500.00

88,000.00$9,000.00

190,000.0017,600.00:

1,112,600.00

561,600,0014,300.00

154,000.00729,900.00

(5,741.00)(377,233.53)(63,287.61)

(446,262.14)

(5,120.00)(2,508.05)

830.78(500.00)

(9;425.31)(1 jSOO.OO)

(18,522.58)

(21,750.00)(19,257.28)

(356;490.50)(8,077.36)

(11,150.00)(230,180.001(646i905.14)

(2;822.21)

(12,128.00)(1 ,408.00)

(28I974.00)(2,155.00)

(56,540.00)

(98I528.00)(18,599.00)(19;000.00)(61618.00)

(165i042.61)(5,500.00)(4i825.00)91,149.84341693.21

(184,195.81)(161695.23

(497,187.81)

62;332.19(2,112.50)

(32i689.50)27,530.19

0.0044,038,7144,038.71

2,909.16

4,580.5810,593.652,931.524,250.278,490.34

22,877.6631,807.113,316.884,587.8513,139.4321,205.315,786.8266,370.291,228.1347,999.251,235.26

253,309.51

8,200.0039,900.0048,100.00

2,0341.79

5,340.5112,146.991 ,359.473,069.419,532.93

32,508,7432,078.823,878.532,562.1017,906.0525,226.476,884̂ 1774,446.101,461,0239,556.181,307.72

271,300,00

(8,200.00)4,138.71(4,061.29)

874.37

(759.93)(1,553.34)1,572.051,180.86(1,042.59)

(9,631.08)(271.71)(561.65)2,025.75(4,766.62)(4,021.16)(1 ,097.35)(8,075.81)(232.89)8,443.07(72.46)

(17,990.49)

13. Non-Cash expenseBad Debt: expenseDiscounts

14. Depreciation ExpensesOffice BuildingsBuildings & Other Structures-Pumphouse-Building & Other StructuresOffice EquipmentOffice Furniture & fixtureIT Equipment & softwareMachineries &: Equipment-Power Generating: Equipment-Pumping Equipment-Water Treatment EquipmentOther Machineries & EquipmentMotor VehiclesWellsReservoir & TanksTransmission & Distribution MainsServicesMetersHydrants

0,00446,247.26446,247.26

29,603.32

50,386.38116,530,1521,803.7440,662.0084,571;.48

283,529.26328,758.6336,485.6846,715.1595,510.13

233,258.4163,655.02

705,427.5913,509.43

483,474.0013,558,16

2,647,438.53

90,200.00426,500.00516,700.00

22,382.69

58,745.61133,616.89

14,954.1733,763.51

104,862.23

357,596.14352,867.0242,663.8328,183.10!

196,966.57277,491.17

75,725.87818,907.09

16,071.22435,117.97

14,384.922,984,300.00

(90,200.00)19,747.26

(70,452.74)

7,220.63

(8,359.23)(171086.74)

6,849.576,898.49

(20,290.75)

(74;066.88)(24,108.39)(6,178.15)18,532.05

(101;456.44)(44,232.76)(12,070.85)

(113,479.50)(2,561.79)48,356.03

(826.76)(336,861 .47)

Prepared byx:\. VENERACION

^Corporate Account Analyst

Approved I

; ROGELIO L. MIGUELeral Manager /i /