Variance Report Summary

As of July, 2016

Page 1

CENTRAL 2A
For The Month
Title

Account Desc

Actual

Budget

Year To Date
Variance

Actual

Budget

FINANCIAL INCOME
400000

INT ON LOAN -TKP

410000

INT ON LOAN MASIKAP

420000

INT ON LOAN TMP

80,094.69

107,872.50

(27,777.81)

474,775.44

574,306.44

430000

INT ON LOAN - TPP

13,663.78

22,000.00

(8,336.22)

277,316.65

36,100.00

440001

INT ON LOAN-SAKBAYAN

440002

INT ON LOAN-ILAP

440003

PENALTY FEES

440004

INT. ON LOAN-MICROHEALTH

1,057.00

1,057.00

6,099.55

440005

INT. ON LOAN-BLIP

450001

INCOME FROM PRETERM FEE

58,545.91

58,545.91

518,048.73

450002

SERVICE FEE

6,879.00

6,879.00

36,095.41

910006

ADMIN FEES FOR HOUSING

LOANS
PHILHEALTH PREMIUM DISCOUNT

19,455.18

19,455.18

197,135.57

910007
910008

OTHER INCOME-EDAF

910009

COMM ON MICRO INS PREM COLL

SUBTOTAL

1,875,401.94

1,764,979.19

110,422.75

14,614,560.92

14,520,424.61
7,142.33

2,055,097.50

1,894,851.69

160,245.81

16,124,032.27

15,137,973.38

FINANCIAL COST
500002

INTEREST EXP ON CBU-TODA

500003

INTEREST EXP ON CBU-TKP

100,410.95

108,994.58

(8,583.63)

689,045.47

747,186.82

500004

INTEREST EXP ON CBU-TMP

2,759.54

2,062.46

697.08

16,157.02

13,956.48

500005

INTEREST EXP ON CBU-MASIKAP

146.04

2,635.41

500006

INTEREST EXP ON CBU-TPP

1,346.17

(106.24)

8,151.63

9,377.70

510000

LOAN INT/PROCESSING FEES

34,792.41

(34,792.41)

281,751.31

300,412.11

104,556.46

147,195.62

(42,639.16)

997,740.84

1,070,933.11

9,084.13

5,548.02

3,536.11

13,924.50

20,342.74

23,413.38

20,262.00

3,151.38

70,940.24

74,294.00

SUBTOTAL

146.04
1,239.93

GUARANTEE FEES & PREMIUMS

520001

BANK CHARGE-AGFP

520002

TPP INSURANCE SUBSIDY

Variance Report Summary

As of July, 2016

Page 1

SUBTOTAL

32,497.51

25,810.02

6,687.49

84,864.74

94,636.74

1,918,043.53

1,721,846.05

196,197.48

15,041,426.69

13,972,403.52

1,918,043.53

1,721,846.05

196,197.48

15,041,426.69

13,972,403.52

GRT/VAT/DOC STAMP TAXES

530001

VAT EXPENSE

530002

DOCUMENTARY STAMPS

660002

GRT EXPENSE
SUBTOTAL

GROSS FINANCIAL MARGIN

PROVISION FOR LOAN LOSSES

540000
550000

PROV ON IMPAIRMENT LOAN

LOSSES
PROV ON IMPAIRMENT-MASIKAP

560000

PROV ON IMPAIRMENT-TMP

570000

PROV ON IMPAIRMENT-TPP

580001

PROV IMPRMNTLOSSESMICROHEALTH
PROV IMPRMNTLOSSES-BLIP

580002

SUBTOTAL
NET FINANCIAL MARGIN

SALARIES, WAGES AND EMPLOYEE BENEFITS

600001

SALARIES AND WAGES

645,245.54

602,206.62

43,038.92

4,477,517.80

4,538,583.60

600002

PERFORMANCE BONUS

81,750.00

112,588.88

(30,838.88)

741,346.57

784,845.16

600003
600004

PERFORMANCE INCENTIVE
AWARD
COST OF LIVING ALLOWANCE

600005

OTHER BONUSES (NON-TAXABLE)

600006

PAG-IBIG CONT

4,900.00

4,813.33

86.67

33,500.00

34,911.41

600007

SSS/EC CONT

45,031.20

48,709.25

(3,678.05)

321,516.10

351,071.00

600008

OTHER BENEFITS

81,851.60

73,750.50

8,101.10

554,711.88

609,191.95

600009

13TH MONTH PAY

(458.33)

47,438.28

(47,896.61)

269,830.17

353,237.67

600010

CONTR TO RET FUND

24,010.17

(24,010.17)

600011

PHILHEALTH CONT

7,387.50

7,311.56

75.94

50,687.50

51,913.36

600012

PERSONNEL RECRUITMENT

600013

REPRESENTATION

2,207.25

2,504.87

(297.62)

19,545.24

17,357.24

168,071.19

Variance Report Summary

As of July, 2016

Page 1

600014

RETREAT EXPENSE

600015

ANNIV/CHRISTMAS EXPENSE
SUBTOTAL

867,914.76

923,333.46

(55,418.70)

6,468,655.26

6,909,182.58

229.00

4,072.20

(3,843.20)

1,614.00

33,788.80

TRANSPORTATION, MEALS AND LODGING

700001

GAS & TRANSPORTATION

700002

LOCAL TRAVEL

700003

FOREIGN TRAVEL

700004

PROJ EXP-GAS & TRANS

96,720.50

105,226.89

(8,506.39)

692,800.90

667,181.85

700005

PROJ EXP-MEALS

16,299.00

7,954.94

8,344.06

93,359.10

66,206.09

700006

PROJ.EXP.-LODGING

2,285.00

5,889.99

700007

TRAVELLING EXPENSE

700008

PROJECT COST-HOUSING
SUBTOTAL

113,248.50

117,254.03

(4,005.53)

790,059.00

773,066.73

94,651.38

81,323.82

13,327.56

583,230.50

584,235.12

4,063.88

3,203.63

860.25

52,354.26

47,152.46

RENT, UTILITIES AND MAINTENANCE

620001

RENT EXPENSE

620002

REPAIRS & MAINTENANCE

620003

JANITOR/MESSGRL

14,600.00

15,300.17

(700.17)

102,400.00

98,814.47

620004

LIGHT AND WATER

51,565.43

49,171.81

2,393.62

302,164.67

315,415.18

164,880.69

148,999.44

15,881.25

1,040,149.43

1,045,617.23

35,463.00

18,603.59

16,859.41

290,989.00

310,854.15

620005

SECURITY
SUBTOTAL

OFFICE SUPPLIES
630001

BOOKS,PERIODICLS &JOURNLS

630002

PRINTING,STATIONERY&OFF SUPP

630003
630004

COLLECTIONS ON
ID,PB&STICKERS
DELIVERY/FREIGHT EXP

680001

PUBLICATIONS
SUBTOTAL

(203.29)
4,570.00

35,463.00

18,603.59

16,859.41

295,559.00

310,650.87

23,311.56

18,907.16

4,404.40

168,099.21

154,179.58

445.00

2,493.94

(2,048.94)

5,055.00

11,598.95

POSTAGE, TELEPHONE AND COMMUNICATION

640001

TELEPHONE & COMM.

640002

POSTAGE

640003

COMMUNICATION-CREDIT IN
SUBTOTAL

DEPRECIATION AND AMORTIZATION EXPENSE

(4,478.00)
23,756.56

21,401.11

2,355.45

168,676.21

165,778.53

Variance Report Summary

As of July, 2016
650001

Page 1
DEPRECIATION EXPENSE

6,165.66

8,969.64

(2,803.98)

47,529.08

64,002.59

SUBTOTAL

6,165.66

8,969.64

(2,803.98)

47,529.08

64,002.59

9,627.00

11,269.72

(1,642.72)

60,680.35

49,698.22

814.43

(814.43)

6,869.25

22,009.54

3,575.00

12,041.52

(8,466.52)

9,895.00

72,655.43

13,202.00

24,125.66

(10,923.66)

77,444.60

144,363.19

81.60

(81.60)

64,803.31

63,334.27

TRAININGS & MEETINGS

800001

PROJECT EXP- OTHERS

800002

MEETGS & CONFERENCES

800003

PROJ.EXP-TRANSFORM.

800004

EDUC ASSISTANCE

800005

PROJECT EXPENSE-TMP

800006

TSPI - PRE SCHOOL

800007

TXTBILIS PROJECT

800008

ADVANCE CASH FLOW TRAINING

800017

BENEFICIARY TRAINING

800018

STAFF TRAINING

800020

PROJECT EXPENSE-25 WKS

800023

TRAINING/WORKSHOP
SUBTOTAL

TAXES AND LICENCES

660001

TAXES AND LICENCES

660003

INSURANCE

660004

MEMBERSHIP DUES

660005

DUES & SUBSCRIPTIONS

660006

TAXES ON GROSS INCOME

4,040.60

SUBTOTAL

81.60

(81.60)

64,803.31

67,374.87

400.00

(240.00)

644.52

2,600.00

1,000.00

(1,000.00)

500.00

2,000.00

4,500.00

(4,376.00)

4,289.19

31,500.00

PROFESSIONAL FEES
670001

PROFESSIONAL FEES

670002

PROJECT CONSULTANCY
SUBTOTAL

OTHERS/MISCELLANEOUS EXPENSE
960001

BANK CHARGES

960002

DONATION & CONTRIBTN

960003

MISCELLANEOUS EXPENSE

960004

DOUBTFUL ACCT EXP-RESIGNED

EMP
LITIGATION EXPENSE

960005

160.00

124.00

Variance Report Summary

As of July, 2016

Page 1

960006

MANAGEMENT AUDIT EXPENSE

960007

GAIN/LOSS-SALE OF ASSETS

960008

LOSS DUE TO HOLD-UP

960009

PROVFORLOSSESUNINSUREDBANKBAL
PROV. IMPAIRMENTACQUIREDASSET
LOSS ON REVALUATION

960010
960011
960012

LOSS DUE TO COUNTERFEIT

BILLS
SUBTOTAL

284.00

5,900.00

(5,616.00)

5,433.71

(1,395.90)

(1,395.90)

(2,749.14)

239.85

239.85

(38,394.88)

(1,156.05)

(1,156.05)

(29,175.07)

36,100.00

CALAMITY EXPENSE
820001

CALAMITY EXPENSE
SUBTOTAL

OTHER INCOME
910001

INT INC-DEP/PLACEMNT

910002

FX GAIN/LOSS

910003

COLLECTIONS-W/OFF

910004

OTHER INCOME

910005

OTHER INCOME-ASSETS
SUBTOTAL

TOTAL PROGRAM EXPENSES

PROGRAM CONTRIBUTION MARGIN

11,968.95

1,223,759.12

1,268,668.55

(44,909.43)

8,929,134.53

9,516,136.58

694,284.41

453,177.50

241,106.91

6,112,292.16

4,456,266.95

Page 1 of 1

Variance

94,136.31
(7,142.33)
(99,531.00)
241,216.65

6,099.55

518,048.73
36,095.41
197,135.57

986,058.89

(58,141.35)
2,200.54
2,635.41
(1,226.07)
(18,660.80)
(73,192.27)

(6,418.24)
(3,353.76)

Page 1 of 1
(9,772.00)

1,069,023.17

1,069,023.17

(61,065.80)
(43,498.59)

(1,411.41)
(29,554.90)
(54,480.07)
(83,407.50)
(168,071.19)
(1,225.86)

2,188.00

Page 1 of 1

(440,527.32)

(32,174.80)

25,619.05
27,153.01
(3,604.99)

16,992.27

(1,004.62)
5,201.80
3,585.53
(13,250.51)

(5,467.80)

(19,865.15)
203.29
4,570.00

(15,091.87)

13,919.63
(6,543.95)
(4,478.00)
2,897.68

Page 1 of 1
(16,473.51)
(16,473.51)

10,982.13

(15,140.29)
(62,760.43)

(66,918.59)

1,469.04
(4,040.60)

(2,571.56)

(1,955.48)
(1,500.00)
(27,210.81)

Page 1 of 1

(30,666.29)

(2,749.14)

11,968.95
(38,394.88)

(29,175.07)
(587,002.05)
1,656,025.21