APRIL – JUNE FINANCIAL STATEMENT

College of Mass Communication Student Council Statement of Cash Flows

April – June

CASH INFLOWS Council Mandated Funds

Student Fund, Summer AY ’13-’14 Student Fund, FOP AY ‘14-’15 Student Fund, Midyear AY ‘14-’15 Total

General Sponsorship Inflows

Admin Reimbursement (Note 1) Income Generating Projects

Flowers produced by Task Force Freedom(Note 2) Total Inflows

CASH OUTFLOWS Council and Other College Projects

SemPlan Room Rental Tree Planting Activity (Note 2) Plagiarism Talk (Note 1) Kalayaan Open Mic Night (Note 3) Total

Other Expenditures

Tining ng Plaridel Total Outflows

Net Cash Flow Add: Beginning Cash Balance April 1, 2013 Ending Cash Balance, June 27, 2014 CASH BREAKDOWN Cash on hand Cash Balance, June 27, 2014

P 6,775.00 1,920.00

2,080.00 P 10,775.00 1,220.00 655.00 P 12,650.00

P 960.00

392.00 1,220.00 2,240.00 P (4,812.00) (4,347.50) P (9,159.50)

3,490.50 00.00 3,490.50

P 3,490.50

3,490.50

College of Mass Communication Student Council Statement of Cash Flows

April – June

OTHER ASSETS AND LIABILITIES A.  Accounts Outstanding (Payable/Receivable)

1.  Payable of P 14,500 in cash to two Gawad Daluyong prize winners who were not rewarded in the previous academic year. This is expected to decrease the cash balance in the following months.

2.  Payable of P 13,360 in cash to *two AY 2013-2014 Student Council Members who were not reimbursed for their expenses last year. This is expected to decrease the cash balance in the following months.

3.  Payable of P 1,040 in cash to Tinig ng Plaridel for their 50% share of the student fund for the Midyear Registration.

* Payees’ identities are not disclosed for confidential reasons.

B.  Inventories and Other Material Assets 1.  Inventory of ** Clear and Vaseline products received as X-Deals from

Unilever, secured as a sponsor by the student council in AY 2012-2013. It is expected to increase the cash balance in the following months.

** Quantity of inventory not disclosed for confidentiality reasons. C.  Contracts and Other Arrangements

1.  Under the ARTICLE XII – FUNDS of the College of Mass Communication Student Council Constitution, the Council shall allocate fifty per cent (50%) of the total collected student fees to the account of Tinig ng Plaridel, the official student publication of the College of Mass Communication. Said funds shall be released within the first month of each semester.

NOTES TO FINANCIAL STATEMENT 1.  Plagiarism Talk

INFLOWS Admin Reimbursement

Total Inflows OUTFLOWS Zesto Juice Toasted Siopao Parchment Paper Printing

Total Outflows NET CASH FLOW

P 1,220.00

P 1,220.00

455.00 690.00 25.00 50.00 P (1,220.00) P 0.00

College of Mass Communication Student Council Statement of Cash Flows

April – June 2.  Kalayaan Open Mic Night

INFLOWS Council Budget Flowers produced by Task Force Freedom

Total Inflows OUTFLOWS 1 L Gloss Latex 1 L Acrylic Black 1 L Acrylic Emulsion 60 mL Acrylic Blue 60 mL Acrylic Yellow 2 Paintbrush 3” 2 Paintbrush 2.5” 2 Paintbrush 0.5” 2 L Acrylic Red Photocopying Service Overtime Pay for Auditorium Donation for Maricon from IGP

Total Outflows NET CASH FLOW

3.  Tree Planting Event INLOWS Council Budget

OUTFLOWS Tarp Printing Makopa Tree Wood Nails Total Outflows NET CASH FLOW

P 1,846.00 655.00

P 2,501.00

156.00

130.00 155.00 32.00 34.00

150.00 110.00 20.00 300.00 18.00 480.00 655.00

(2,240.00) P 261.00

P 392.00 P 132.00

40.00 100.00 20.00

(392.00) P 0.00

College of Mass Communication Student Council Statement of Cash Flows

April – June

STATEMENT OF FINANCE COUNCILOR’S ACCOUNTABILITY “ I am hereunto affirming that to the best of my intentions, the Statement of Cash Flows and all its pertinent information fairly represent all the financial transactions that have transpired within the council, its constituents, and all relevant stakeholders for the months April to June 27, 2014, and in conformity with the standard accounting procedures as set forth and duly upheld by the University Student Council of UP Diliman.” Prepared by: Ma. Ria Bernadette V. Tagle Treasurer UP College of Mass Communication Student Council Noted by: Beata Carolino Chairperson UP College of Mass Communication Student Council

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