WINWIN CORPORATION

Statement of Cash Flow

(As of December 31, 2017)

2016 2015
Beginning Cash Balance

Cash from Operating Activities

Cash Inflow
Receipt of Service Income
Cash Outflow
Payment for Cost of Service
Payment for Operating Expenses
Cash inflow from Operating Activities -

Cash from Investing Activities

Cash Inflow

Cash Outflow

Cash from Financing Activities

Cash Inflow
Payment for Stock subscription
Cash Outflow
Payment of long term payables
Cash inflow from Financing Activities -
Net Cashflow P -
P -
 Salaries and Wages Electric Bill- Office Electric bill and water bWater Expenses
July/August 11,000.00 1,949.10 8,395.50
10875

21,875.00 1,949.10 8,395.50

September/October 22,000.00 4,830.00 11,615.40

11,000.00 211.40
218.75
1,146.80
125.00
125.00
125.00
153.80
6,513.15
218.75
33,000.00 4,830.00 - 20,453.05

October/November 11,000.00 39,576.80 218.75

11,000.00 125.00
240.00
254.60
249.90
9,562.95
714.65
22,000.00 39,576.80 - 11,365.85

November to December
11,250.00 2,450.00 12,808.00
14,240.00 3,444.40
23,125.00 4,019.92
 4,099.20
25,766.78

48,615.00 39,780.30 - 12,808.00

125,490.00 86,136.20 8,395.50 44,626.90

Security Expenses Telephone Expenses Construction Materials Power enterprise
16,000.00 1,399.00 2,804.00 50,000.00
11,795.00
3,256.00
4,310.00
55,504.00
4,500.00
366.75
420.00
4,782.00
24,150.00
2,040.00
12,720.00
277.00
2,800.00
1,733.00
16,000.00
16,000.00 1,399.00 147,457.75 50,000.00

16,000.00 1,399.00
48,368.00
15,822.30
1,350.00
7,215.00

16,000.00 1,399.00 72,755.30 -

16,000.00 2,798.00 5,010.40

16,435.00

16,000.00 2,798.00 21,445.40 -

16,000.00 5,053.18
16,000.00 7,172.00
500.00
32,000.00 - 12,725.18 -

80,000.00 5,596.00 254,383.63 50,000.00

Laborer's Wages Photocopy Laborer's snacks Office Supplies
2,000.00 99.00 170.00 864.00
12.00

2,000.00 111.00 170.00 864.00

172.00

- 172.00 - -

1,000.00 191.75
624.25
30.00
431.00
3,254.25

1,000.00 - - 4,531.25
 - - - -

3,000.00 283.00 170.00 5,395.25

Other Expenses Notarial Fee Transporatation Expenses Professional Fees - Consultan
40.00 150.00 1,000.00
18.00 404.00
10,000.00

10,058.00 150.00 1,404.00

4,920.00 7.00
6,600.00
716.00
225.00
550.00
500.00

13,511.00 - 7.00

2,000.00 65.00
12,000.00
900.00

14,900.00 - 65.00

3,000.00
2,800.00 50,000.00
 96.00
273.35

6,169.35 - - 50,000.00

44,638.35 150.00 1,476.00 50,000.00

Representation Expenses Repairs and Maintenance Taxes, Licens Percentage Tax 16-01-E
7,644.00

- 7,644.00

- - -

93,131.00 2,760.00 9,000.00

93,131.00 2,760.00 9,000.00

25,000.00 500.00 2,280.00

100,000.00
1,126.00
125,000.00 500.00 1,126.00 2,280.00 -

125,000.00 500.00 94,257.00 12,684.00 9,000.00

269,477.35

162,127.35

238,573.30
 331,003.83

1,001,181.83
 1 2 3 4 5 6 7
February 10,000.00 10,000.00
March 10,000.00 10,000.00
April 10,000.00 10,000.00 10,000.00
May 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
June 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
July 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
August 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
September 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
October 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
November 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
December 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
80,000.00 80,000.00 70,000.00 70,000.00 100,000.00 100,000.00 90,000.00
January
February
March
April
May
June
 8 9 10 11 12 13 14 15

10,000.00 10,000.00
10,000.00 10,000.00
10,000.00 10,000.00
10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
70,000.00 40,000.00 - 60,000.00 100,000.00 100,000.00 60,000.00 60,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
 16 17 18 19 20 21 22 23 OS1-DILG

10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00

10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
60,000.00 60,000.00 60,000.00 60,000.00 60,000.00 - 60,000.00 60,000.00 30,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
1,530,000.00
 WINWIN CORPORATION
Statement of Financial Position
(As of December 31, 2016)

ASSETS

Note 2016 2015

Current Assets
Cash and Cash Equivalents
Accounts Receivables
Inventories 1
Total Current Assets - -
Non current Assets 2
Printing Equipment
Office and Furniture Equipment
Total Current Assets - -
TOTAL ASSETS - -

LIABILITIES AND EQUITY

Current Liabilities
Accounts Payable
Accrued Expenses
Income Tax payable
- -
Non current Liabilities
Borrowings
Total Non current Liabilities -
Total Libilitites -
Equity
Capital Stock
Retained Earnings
Total Equity - -
TOTAL LIEABILITIES AND EQUITY P - P -
10000

Printing Office Equipment

Cost ### ###
Acdep ### ### ###
### NBV 2014 ### 35,000.00
2015 Dep 155,000.00 15,000.00
2015 BV ### 20,000.00
2016 Dep 155,000.00 15,000.00
2016 NBV ### 5,000.00

###
###
(65,000.00)

### ###
### 5,000.00
 WINWIN CORPORATION
Statement of Comprehensive Income
(For the period ending December 31, 2016)

2016 2015
Rental Income 1,530,000.00
Total Income ### P -
Less: Cost of Service
Constrcution Materials and Labor P 257,383.63
Salaries and Wages 125,490.00
SSS and Philhealth contributions
Rent Expense
Advertising Expense
Power, Light and Water 139,158.60
Depreciation
Total Cost of Service 522,032.23 -
Gross Income ### -
Less: Operating Expenses
Security Services 80,000.00
Representation and entertainment Expenses 125,000.00
Repairs and Maintenance 500.00
Fuel and Lubricants
Taxes and Licenses 115,941.00
Telephone and Communication 5,596.00
Power Enterprise 50,000.00
Professional Fees 50,000.00
Transportation Expenses 1,476.00
Supplies Expense 5,395.25
Miscellaneous Expense 44,808.35
Documentation Expenses 433.00
Total Operating Expenses 479,149.60 -
Net income before Tax 528,818.17 -
Provision for Tax 158,645.45 -
Net Income after Tax 370,172.72 -
STARPIXEL PRINTSHOP AND ADVERTISING CORPORATION
Statement of Comprehensive Income
(For the period ending December 31, 2016)

2016 2015
Printing and Advertising Income 1,583,112.74 ###
Total Income ### ###
Less: Cost of Service
Materials Cost 925,450.65
Salaries and Wages 247,182.00
SSS and Philhealth contributions 39,824.00
Rent Expense 60,000.00
Advertising Expense 65,000.00
Power, Light and Water 65,225.00
Depreciation 65,000.00
Total Cost of Service - ###
Gross Income ### 595,839.81
Less: Operating Expenses
Repairs and Maintenance 237,345.00
Representation and entertainment Expenses 15,000.00
Fuel and Lubricants 25,275.65
Taxes and Licenses 62,405.64
Telephone and Communication 83,450.75
Insurance Expenses 5,000.00
Professional Fees 5,000.00
Transportation Expenses 21,776.45
Supplies Expense 15,745.00
Miscellaneous Expense 29,899.50
Charitable Contributions 6,000.00
Total Operating Expenses - 506,897.99
Net income before Tax 1,583,112.74 88,941.82
Provision for Tax 474,933.82 26,682.55
Net Income after Tax ### 62,259.27
 2016 2017
January 97,633.63 94,494.00
February 158,210.87 120,228.24
March 110,802.02 103,278.00
April 100,530.29 259,799.21
May 358,874.62 111,429.85
June 135,427.67
July 96,233.00
August 283,313.21
September 83,267.50
October 87,068.61
November 74,614.49
December 43,515.00
1,629,490.91 689,229.30
 Snacks Other supplies Fare Printing Materials Other expenses
July
2-Jul 30.00 12.00 24.00
3-Jul
4-Jul 48.00
5-Jul 30.00 35.00 16.00
6-Jul
7-Jul 30.00 8.00
8-Jul 30.00 44.00
9-Jul 30.00 8.00 14.00
10-Jul
11-Jul 70.00 106.00
12-Jul 40.00 1,133.00 16.00
13-Jul 40.00 48.00
14-Jul 40.00 16.00
15-Jul 40.00
16-Jul 40.00 16.00
17-Jul
18-Jul 643.00 68.00 3,375.00
19-Jul 40.00 8.00
20-Jul 40.00 96 180
21-Jul 40.00 72 100
22-Jul 40 8.00
23-Jul 40 8 50
24-Jul
25-Jul 76 24 133
26-Jul 40 32 10
27-Jul 35 153 72 20
28-Jul 40 8 72 2410
29-Jul 40 140
30-Jul 40 60
745.00 2,138.00 1,016.00 6,148.00 130.00

August
1 30 8 8 480
2 40 40 16 50
3 40 24 2819
4 40 8 40 6719.5 204.5
5 40 41 8 1780
6 35 250
 7
8
9 40 552 88
10 35 33 1175
11 35 9059
12 35 8 2372
13 40 50 644 8
14
15 16
16 38 35 800
17 40 24
18
19 32
20
21
22 328 128.25
23 35 24 143
24 35 56 225
25 30 40
26 271 16
27 28 32
28
29
30 21
31 21 48
1257 649 598 25348.5 1508.75

September
1 30 72 1742 200
2 28 94 792 250
3 28
4
5 8 50
6 40 1844
7 40 52 42
8 40 431.75
9 30
10 28 8 90 357.75
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
SampaguitTelephoneSupplies Electricity Water Salaries Repair Ainna CL Dred Ediboy

10 220
35

4898

20
187.5
191
298

4800

70

10

6460

35

4627.25

20 998
6950.5
40.00 998.00 411.00 4,627.25 257.50 23,178.50 318.00

35

33
20 229.75
10 35
10 7045
 10

20 200
10 35 600
10
10 7383

10
10 33 35
10

6617

20
10 33
35
10
53
5823.5

35
5000

170 152 229.75 0 210 26868.5 600 0 5000 200

5276

20
35 103
33 394
200

6260
Ate Amy Oscar Gasoline Noli HouseCheck SSS Napkin bescom Labor

66.00
-
278.00
300 416.00
-
38.00
74.00
4,950.00
-
196.00
500 1,876.50
117 617 1,013.00
500 854.00
40.00
4,856.00
-
1500 5,656.00
48.00
1683 3560 5,569.00
212.00
1000 1,048.00
500 7,058.00
-
500 768.00
82.00
800 5,707.25
500 3,030.00
97.5 1100 2,395.50
1000 8,050.50
500.00 1,683.00 3,560.00 214.50 617.00 7,700.00 54,281.75

561.00
500 646.00
1000 3,916.00
1000 8,261.75
1000 2,914.00
1000 8,340.00
 -
800 810.00
500 1000 2,180.00
700 2,163.00
9,739.00
542 2,967.00
3100 11,235.00
-
200 96.25 312.25
1250 2,133.00
142.00
10.00
32.00
6,617.00
-
476.25
245.00
95.4 446.40
80.00
68.42 408.42
5,883.50
-
35.00
5,021.00
575 644.00
1000 1800 1310.42 0 0 0 191.65 0 9125

7120 9,164.00
1,164.00
1000 6,304.00
-
500 578.00
200 2,222.00
107.25 668.25
1400 2,071.75
30.00
6,743.75
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Deposit Cash adva Refund

7000

5880

21000 300

3500

3822
16,800.00

58,002.00 300.00

10,000.00
 500
4300
5,037.86
9000 1500
200

18752
6000

225

15510.95 501
19000

11946.88
5000

29,875.52
4026

3715

9000
1000
STARPIXEL PRINTSHOP AND ADVERTISING CORPORATION
Statement of Financial Position
(As of December 31, 2016)

ASSETS

Note 2016 2015

Current Assets
Cash and Cash Equivalents 245,209.47
Accounts Receivables 180,250.00
Inventories 1 298,600.00
Total Current Assets - 724,059.47
Non current Assets 2
Printing Equipment 2,170,000.00 2,430,000.00
Office and Furniture Equipment 5,000.00 20,000.00
Total Current Assets 2,175,000.00 2,450,000.00
TOTAL ASSETS 2,175,000.00 3,174,059.47

LIABILITIES AND EQUITY

Current Liabilities
Accounts Payable 63,500.00
Accrued Expenses 27,605.00
Income Tax payable 16,816.32
- 107,921.32
Non current Liabilities
Borrowings P 1,600,000.00
Total Non current Liabilities 1,600,000.00
Total Libilitites 1,707,921.32
Equity
Capital Stock 900,000.00
Retained Earnings 566,138.60
Total Equity - 1,466,138.60
TOTAL LIEABILITIES AND EQUITY P - ###
 Printing Office Equipment
Cost ### ###
Acdep ### ### ###
### NBV 2014 ### 35,000.00
2015 Dep 155,000.00 15,000.00
2015 BV ### 20,000.00
2016 Dep 155,000.00 15,000.00
2016 NBV ### 5,000.00

###
###
(65,000.00)

### ###
### 5,000.00
STARPIXEL PRINTSHOP AND ADVERTISING CORPORATION
Statement of Cash Flow
(As of December 31, 2016)

2016 2015
Beginning Cash Balance P 304,100.00

Cash from Operating Activities

Cash Inflow
Receipt of Service Income ###
Cash Outflow
Payment for Cost of Service 1,402,681.65
Payment for Operating Expenses 519,175.58
Cash inflow from Operating Activities 115,588.23

Cash from Investing Activities

Cash Inflow

Cash Outflow

Cash from Financing Activities

Cash Inflow
Payment for Stock subscription 100,000.00
Cash Outflow
Payment of long term payables 200,000.00
Cash inflow from Financing Activities (100,000.00)
Net Cashflow P 15,588.23
###

P 245,209.47
P 74,478.76
 rent 5,000.00 15,000.00 60,000.00
Salary 6,500.00 19,500.00 78,000.00
December 43,515.00
November 74,614.49
October 87,068.61
September 87,267.00
August 283,313.21
July 96,233.00
June 85,050.00
May 358,874.62
April 100,530.29
March
February
January
Reconstructed 1701Q 1st Quarter 2nd Quarter
2016 Sales 366,646.52 544,454.91
Salaries and Wages 15,000.00 15,000.00
Rent 19,500.00 19,500.00
Advertising 5,440.00 6,700.00
Depreciation
Repairs and Maintenance
Communication Light 5,410.00 4,500.00
Represntation and Entrtainment
Fuel and Oil 5,490.00 3,120.00
Taxes and Licenses
Insurance Expense
Professional Fes
Supplies Expense 286,689.52 424,674.83
SSS/Philhealth Contributions
Charitable Contribution
Miscelaneous Expens 4,120.00 2,220.00
Total Expense 24,997.00
Net Income
Tax rate
Tax due
Less: 1st Quarter payment

Tax due 7,499.10 -

Tax credit - 3,885.20
7,499.10 (3,885.20)

Salaries and Wages 15,000.00

Rent 19,500.00
Communication Light 4,410.00
Supplies Expense #REF!
Repairs and Maintena 5,740.00
Transportation and Tr 3,120.00
Fuel and Oil 7,490.00
Net Income #REF!

Tax due #REF!

3rd Quarter 4th Quarter Annual
466,813.21 205,198.10 1,583,112.74
15,000.00 15,000.00 315,200.00
19,500.00 19,500.00 60,000.00
10,650.00 7,280.00 30,000.00
125,000.00
545,790.00
4,905.00 3,560.00 110,127.60
5,000.00
8,230.00 2,650.00 25,000.00
75,490.00
23,000.00
15,000.00
364,114.30 160,054.52 152,870.00
48,000.00
5,000.00
5,790.00 3,460.00 5,000.00
1,540,477.60
42,635.14
30%
12,790.54

-
3,431.47 1st Qtr. Payment 7,499.10
(3,431.47) Creditable Tax 7,316.67
Tax due (2,025.23)
January 103,600.00
February 103,600.00 Reconstructed 1701Q
March 103,600.00 2016 Rent Income
April 103,600.00 Salaries and wages
May 103,600.00 Depreciation
June 103,600.00 Reapirs and Maintenance
July 103,600.00 Power Light and Water
August 103,600.00 Representation expense
September 103,000.00 Fuels and Lubricants
October 103,000.00 Fuel and Oil
November 103,000.00 Transportation and Travel
December 103,000.00 Net Income

Tax Due
Annual
1,240,800.00 6,204.00
34,790.00
37,224.00
10,204.00
360,000.00
39,480.00
34,980.00
47,110.00
50,376.00
626,636.00

187,990.80
 WINWIN CORPORATION
Statement of Financial Position
(As of December 31, 2016)

ASSETS

Note
Current Assets
Cash and Cash Equivalents P 257,890.00
Trade and other Receivables 103,000.00
Inventories 17,500.00 P 378,390.00

Noncurrent Assets
Property and Equipment P 79,560.00
Investment Property 10,785,000.00 10,864,560.00
TOTAL ASSETS P 11,242,950.00

LIABILITIES AND EQUITY

Current Liabilities
Borrowings P -

Equity 11,242,950.00
TOTAL LIEABILITIES AND EQUITY P 11,242,950.00
 January Unknown 18,060.00 -

February City Governm 802,500.47 8,025.00 802500.47

March LGU Calaban 37,753.00 377.53 338,933.00

Brgy. Tamba 217,000.00 2,170.00
Brgy. Tamba 84,180.00 841.80

April 0

May Brgy. Tamba 150,552.00 1,505.52

June Tamban National HS - 415,508.00

LGU Binalay 327,976.00 3,279.76
LGU marana 87,532.00 875.32

July LGU Sogod 41,585.00 415.85 527223.14

LGU Binalay 157,794.00 1,577.94
LGU Tamban 49,580.00 495.80
LGU Sogod 49,895.00 498.95
LGU Tamban 216,170.14 2,161.70
Tamban NHS 12,199.00 121.99

August

September Brgy. Sogod 46,040.00 460.40

Brgy. Sogod 37,788.00 377.88
Brgy. Daligan 11,950.00 119.50
Brgy. Daligan 49,760.00 497.60
Brgy. Daligan 39,786.00 397.86

October LGU Tinamba 101,761.67 1,017.62 102761.67

November 0

December 0
2,539,862.28 25,218.02

COS 1st Quarter 620,250.00

2nd Quarter 398,843.00
3rd Quarter 574,171.34 287,085.67 COS
Exp 1st Quarter 346,653.58 808,011.34
2nd Quarter 128,200.00 (520,925.67)
3rd Quarter & 4th quarter 233,840.00
COS and COS 2,301,957.92
Net Incom 187,904.36
Tax 11,976.09
Tax 22,500.00
Tax due 34,476.09
Less Tax credits 25,218.02
Tax payments
1st Quarter 862.35
2nd Quarter 4,093.66
TAX PAYABLE 4,302.06
January
DTI 69,679.75 1,393.60 1393.6
NAGA CITY 181,428.27 3,628.57

February DTI 99,542.50 1,990.85 2588.1 2,986.28

March NAGA CITY 379,546.54 7,590.93

730,197.06 14,603.94
584,157.65
127,054.29 146,039.41
18,985.12 4,381.18
 WINWIN CORPORATION
Statement of Comprehensive Income
(For the period ending December 31, 2016)

INCOME
Rent Income P 1,240,800.00

EXPENSES
Charitable Contribution P 5,000.00
Communication Light and Water 162,000.00
Depreciation 37,224.00
Fuel and Oil 24,000.00
Insurance 36,000.00
Office Supplies Expense 50,000.00
Professional Fees 15,000.00
Repairs and Maintenance 536,790.00
Representation and Entertainment 15,000.00
Salaries and Allowances 290,000.00
Employer share to SSS/Phillealthand HDMF 5,400.00
Taxes and Licenses 35,000.00
Miscellaneous 10,000.00 1,221,414.00
Net income before tax P 19,386.00
 WINWIN CORPORATION
Statement of Cash Flow
(As of December 31, 2017)

Beginning Cash Balance P 201,280.00

Operating Activities
Cash Inflow
Receipt of Rental Income P 1,240,800.00

Cash Outflow
Payment of Expenses P 1,184,190.00 56,610.00

Investing Actinivties
Cash Inflow P -

Cash Outflow - -

Financing Actinivties
Cash Inflow P -

Cash Outflow - -

Ending Cash Balance P 257,890.00

 STARPIXEL PRINTSHOP AND ADVERTISING CORPORATION
Statement of Financial Position
(As of December 31, 2016)

ASSETS

Note
Current Assets
Cash and Cash Equivalents P 547,660.00
Trade and other Receivables 37,580.00
Inventories 203,450.00 P 788,690.00

Noncurrent Assets
Property and Equipment 2,550,000.00

TOTAL ASSETS P 3,338,690.00

LIABILITIES AND EQUITY

Current Liabilities
Borrowings P 86,670.00

Non current Liabilities

Borrowings 1,400,000.00 1,486,670.00

Equity
Capital Stock 900,000.00
Retained Earnings 952,020.00 1,852,020.00
TOTAL LIEABILITIES AND EQUITY P 3,338,690.00
 STARPIXEL PRINTSHOP AND ADVERTISING CORPORATION
Statement of Comprehensive Income
(For the period ending December 31, 2016)

INCOME
Printing and Advertising Income P 1,583,113.00

EXPENSES
Advertising and Promotions P 30,000.00
Charitable Contribution 5,000.00
Communication Light and Water 129,128.00
Depreciation 105,000.00
Fuel and Oil 25,000.00
Insurance 23,000.00
Office Supplies Expense 139,870.00
Professional Fees 15,000.00
Rental 60,000.00
Repairs and Maintenance 547,790.00
Representation and Entertainment 5,000.00
Salaries and Allowances 315,200.00
Employer share to SSS/Phillealthand HDMF 48,000.00
Taxes and Licenses 75,490.00
Miscellaneous 5,000.00 1,528,478.00
Net income before tax P 54,635.00
 LAGPITAW CONSTRUCTION
Statement of Financial Position
(As of December 31, 2016)

ASSETS

Note
Current Assets
Cash and Cash Equivalents P 825,500.00
Trade and other Receivables 42,760.00
Inventories 175,800.00 P 1,044,060.00

Noncurrent Assets
Property and Equipment 3,700,000.00

TOTAL ASSETS P 4,744,060.00

LIABILITIES AND EQUITY

Current Liabilities
Borrowings P 90,000.00

Non current Liabilities

Other Liabilities 53,000.00 143,000.00

Equity 4,601,060.00
TOTAL LIEABILITIES AND EQUITY P 4,744,060.00
125000 P 35,000.00

95000 P 42,000.00
P 77,000.00
 LAGPITAW CONSTRUCTION
Statement of Comprehensive Income
(For the period ending December 31, 2016)

INCOME
Receipts from Construction Contracts P 2,539,862.28
Cost of Service (Labor and Materials) 1,593,264.34 P 946,597.94

EXPENSES
Charitable Contribution 15,000.00
Communication Light and Water 75,240.00
Depreciation 85,000.00
Fuel and Oil 43,000.00
Office Supplies Expense 5,200.00
Professional Fees 17,000.00
Rental 60,000.00
Repairs and Maintenance 187,863.58
Representation and Entertainment 15,000.00
Salaries and Allowances 138,000.00
Employer share to SSS/Phillealthand HDMF 6,900.00
Taxes and Licenses 45,490.00
Miscellaneous 15,000.00 708,693.58
Net income before tax P 237,904.36
 LAGPITAW CONSTRUCTION
Statement of Cash Flow
(As of December 31, 2016)

Beginning Cash Balance P 779,595.64

Operating Activities
Cash Inflow
Receipt of Service Income P 2,539,862.28

Cash Outflow
Payment of Cost of Sales (2,216,957.92) 322,904.36
and expenses

Investing Actinivties
Cash Inflow P -

Cash Outflow
Purchase of Property (200,000.00) (200,000.00)

Financing Actinivties
Cash Inflow P -

Cash Outflow
Payment of Liabilities (77,000.00) (77,000.00)

Ending Cash Balance P 825,500.00