CONSOLIDATED STATEMENT OF CASH FLOWS - FOR THE PERIOD ENDED DECEMBER 31, 2016


ISLAND GARDEN CITY OF SAMAL    
Consolidated Statement of Cash Flows   
For the period ended December 31, 2016   
         
         
Particulars Total General Fund Special Education Fund Trust Fund
Cash Flows from Operating Activities        
Cash Inflows        
Collection from taxpayers 33,201,602.09 21,749,704.50 11,451,897.59 -
Share from Internal Revenue Allotment 484,813,371.00 484,813,371.00 - -
Receipts from business/service income 54,853,887.31 54,853,887.31 - -
Interest Income 2,051,753.94 1,937,784.77 113,969.17 -
Other Receipts 110,395,456.68 22,495,433.19 - 87,900,023.49
Total Cash Inflows 685,316,071.02 585,850,180.77 11,565,866.76 87,900,023.49
Cash Outflows        
Payment of expenses 9,668,497.75 9,654,497.75 14,000.00 -
Payments to suppliers and creditors 84,183,370.11 64,448,516.63 4,708,586.99 15,026,266.49
Payments to employees 278,794,362.43 277,880,543.73 - 913,818.70
Other Expenses 117,376,362.02 84,735,489.36 4,725,427.16 27,915,445.50
Total Cash Outflows 490,022,592.31 436,719,047.47 9,448,014.15 43,855,530.69
Net Cash Flows from Operating Activities 195,293,478.71 149,131,133.30 2,117,852.61 44,044,492.80
Cash Flows from Investing Activities        
Cash Inflows        
Total Cash Inflows - - - -
Cash Outflows        
Purchase/Construction of Property, Plant and Equipment 81,262,077.21 63,310,979.49 667,639.11 17,283,458.61
Total Cash Outflows 81,262,077.21 63,310,979.49 667,639.11 17,283,458.61
Net Cash Flows from Investing Activities (81,262,077.21) (63,310,979.49) (667,639.11) (17,283,458.61)
Cash Flows from Financing Activities        
Cash Inflows        
Total Cash Inflows - - - -
Cash Outflows        
Payment of loan amortization 17,709,873.59 17,709,873.59    
Total Cash Outflows 17,709,873.59 17,709,873.59 - -
Net Cash Flows from Financing Activities (17,709,873.59) (17,709,873.59) - -
Total Cash Provided by Operating, Investing and        
Financing Activities 96,321,527.91 68,110,280.22 1,450,213.50 26,761,034.19
Add: Cash at the Beginning of the year 246,922,297.54 171,772,116.42 14,704,945.56 60,445,235.56
Cash Balance at the End of the Quarter 343,243,825.45 239,882,396.64 16,155,159.06 87,206,269.75
         
         
         
         
         
    Certified Correct:    
         
         
    GLADYS P. HURAÑO,CPA  
    City Accountant