DEPARTMENT OF TRADE AND INDUSTRY - ARMM Final Trial Balance For Year Ended December 31, CY 2013 Particulars Account Code Debit Credit

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1 Final Trial Balance For Year Ended December 31, 2013 CY 2013 Particulars Account Code Debit Credit Petty Cash Fund , Cash in Bank-Local Currency,CA (Trust Fund) 111a 1,510, Accounts Receivable 121 Due from Officers & Employees , Loans Receivable 126 3,000, Interests Receivable 129 1,405, Office Supplies Inventory , Guaranty Deposit , Prepaid Insurance 178 2, Building-Other Structures 215 1,977, Office Equipment 221 1,793, Furniture & Fixtures 222 1,505, IT Equipment & Softwares 223 2,307, Motor Vehicles 241 2,044, Watercrafts , Allowance for Bad Debts 301 1,938, Accumulated Depreciation-Other Structures (Building) 315 1,246, Accumulated Depreciation-Office Equipment 321 1,588, Accumulated Depreciation-Furniture & Fixtures 322 1,322, Accumulated Depreciation-IT Equipment & Software 323 2,077, Accumulated Depreciation-Motor Vehicles 341 1,839, Accumulated Depreciation-Watercrafts , Accounts Payable , Due to BIR , Due to GSIS , Due to Pag-Ibig 414 9, Due to PHILHEALTH Due to Central Office 421 1,667, Other Payables , Government Equity 501 4,378, TOTAL 17,418, ,418,911.79, CPA

2 Balance Sheet As of December 31, 2013 ASSETS Current Assets Cash Petty Cash Fund 15, Cash in Bank- NT, MDS - Cash in Bank- Local Currency, CA 1,510, ,525, Receivables Accounts Receivable - Due from Officers & Employees 807, Loans Receivable 3,000, Less: Allowance for Bad Debts (1,938,398.91) Interest Receivable 1,405, ,275, Inventories Office Supplies Inventory 352, Prepayments Guaranty Deposit 90, Prepaid Insurance 2, , Total Current Assets 5,246, Property, Plant & Equipment Building- Other Structures 1,977, Less: Accumulated Depreciation-Other Structures(Building) 1,246, , Office Equipment 1,793, Less: Accumulated Depreciation-Office Equipment 1,588, , Furniture & Fixtures 1,505, Less: Accumulated Depreciation-Furniture & Fixtures 1,322, , IT Equipment & Softwares 2,307, Less: Accumulated Depreciation-IT Equipment & Software 2,077, , Motor Vehicles 2,044, Less: Accumulated Depreciation-Motor Vehicles 1,839, , Watercrafts 606, Less: Accumulated Depreciation-Watercrafts 545, , Total Property, Plant and Equipment 1,615, TOTAL ASSETS 6,861, Liabilities and Equity Accounts Payable 623, Inter-Agency Payables Due to BIR 142, Due to GSIS 16, Due to PAG-IBIG 9, Due to PHILHEALTH Sub-total 168, Intra-Agency Payable Due to Central Office 1,667, Other Payables 23, Total Liabilities 2,483, Equity Government Equity 4,378, TOTAL LIABILITIES & EQUITY 6,861,885.04

3 Income Statement For the Year Ended December 31, 2013 Income Subsidy from Central Office 79,693, Interest Income Less: Reversion of Unused Notice of Allocation 1.10 Total Income 79,693, Less Expenses: Salaries and Wages-Regular Pay 13,513, Personnel Economic Relief Allowance (PERA) 772, Representation Allowance (RA) 222, Transportation Allowance (TA) 222, Clothing Allowance 234, Productivity Incentive Allowance 64, Cash Gift 82, Christmas Bonus 438, Life & Retirement Insurance Contributions 1,231, Pag-Ibig Contributions 38, PHILHEALTH Contributions 116, ECC Contributions 38, Terminal Leave Benefits 2,256, Other Personnel Benefits 155, Travelling Expense-Local 2,389, Training & Seminar Expenses 163, Office Supplies Expense 6,338, Gasoline, Oil & lubricants 206, Water 17, Electricity 285, Postage & Deliveries 21, Telephone-Landline 75, Telephone-Mobile 92, Internet 50, Rent 75, Subscription Expense 16, Auditing Services 51, General Services 1,163, Security Services 464, Repairs & Maintenance - Office Building 15, Repairs & Maintenance - Office Equipment 87, Repairs & Maintenance - Motor Vehicles 288, Subsidy to Operating Units 44,756, Extraordinary Expense 42, Miscellaneous Expense 148, Taxes, Duties and Licenses 7, Fidelity Bond Premium 22, Insurance Expense 17, Bad Debts 220, Depreciation-Office Equipment 31, Depreciation-Furniture & Fixtures 44, Other Expenses 2,531, Total Expenses 79,012, Excess of Income over Expenses 681,191.15

4 Department of Trade & Industry - ARMM Statement of Government Equity For the year ended December 31, 2013 Government Equity, beginning 5,410, Retained Operating Surplus: Current Operations 681, Adjustments of Prior Years (1,712,776.32) (1,031,585.17) Property, Plant and Equipment-Public Infra. - Government Equity, End 4,378,690.83

5 Department of Trade & Industry-ARMM Statement of Cashflows For the year ended December 31, 2013 Cash Flow from Operating Activities: Cash Inflows: Receipt of Notice of Cash Allocation (NCA)-Regular Fund 74,140, Receipt of Notice of Cash Allocation (NCA)-Local Fund 368, Receipt of Notice of Cash Allocation (NCA)-Accounts Payable 757, Receipt of refunds of cashadvances and overpaymnts 6, Receipt of Trust Funds 24,050, Cash receipt of grants and donations Total Cash Inflows 99,322, Cash Outflows: Cash payment of operating expenses 67,626, Cash payment of payables incurred in operations 757, Granting of cash advances/petty cash fund 3,357, Remittance of withholding taxes except thru TRA 20, Remittance of GSIS/PAG-IBIG/PHILHEALTH Payable 4,368, Release of funds as inter-agency transfers Adjustments/Bank Charges Payments from Trust Funds 22,831, Reversion of Unused NCA 1.10 Adjustments/Bank Charges 10, Total Cash Outflows 98,971, Cash Provided by Operating Activities 350, Cash Flow from Investing Activities: Cash Inflows: Receipt of Notice of Cash Allocation (NCA)-Accounts Payable - Cash Outflows: Cash purchase of Property, plant & equipment Cash Provided by Investing Activities - Cash Flow from Financing Activities Total Cash provided by Operating, Investing and Financing Activities 350, Add: Cash Balance, Beginning Jan. 1, 1,175, Cash Balance, Ending Dec. 31, 1,525,908.84