Consolidated Statement of Cash Flows For the year ended December 31, 2017

ISLAND GARDEN CITY OF SAMAL
Consolidated Statement of Cash Flows
For the year ended December 31, 2017
 
Particulars Total General Fund Special Education Fund Trust Fund
Cash Flows from Operating Activities        
Cash Inflows        
     Collection from taxpayers 43992744.51 21253907.7 22738836.81 0
     Share from Internal Revenue Allotment 549049580 549049580 0 0
     Receipts from business/service income 63570112.36 63570112.36 0 0
     Interest Income 2514696.63 2398371.53 116325.1  
     Other Receipts 112271973.6 31071508.07 0 81200465.49
    Total Cash Inflows 771399107.1 667343479.7 22855161.91 81200465.49
Cash Outflows        
    Payment of expenses 0 0 0 0
    Payments to suppliers and creditors 199837045.7 145713664.8 11076023.68 43047357.26
    Payments to employees 247664592.1 244744831.2 2429062.5 490698.38
    Other Expenses 122218538.2 92276096.27 1605851.76 28336590.13
    Total Cash Outflows 569720176 482734592.3 15110937.94 71874645.77
Net Cash Flows from Operating Activities 201678931.1 184608887.4 7744223.97 9325819.72
Cash Flows from Investing Activities        
Cash Inflows         
      Collection of Principal on Loans to other entities 2785244.34 2785244.34    
     Total Cash Inflows 2785244.34 2785244.34 0 0
Cash Outflows        
    Purchase/Construction of Property, Plant and Equipment 144650483.3 116113064.5 4472085.62 24065333.26
     Grant of Loans 7066.74 7066.74    
    Total Cash Outflows 144657550.1 116120131.2 4472085.62 24065333.26
Net Cash Flows from  Investing Activities -141872305.7 -113334886.9 -4472085.62 -24065333.26
Cash Flows from Financing Activities        
Cash Inflows        
      Proceeds from Loans 36130654 36130654    
     Total Cash Inflows 36130654 36130654 0 0
Cash Outflows        
    Payment of loan amortization 13507196.48 13507196.48    
    Total Cash Outflows 13507196.48 13507196.48 0 0
Net Cash Flows from Financing Activities 22623457.52 22623457.52 0 0
Total Cash Provided by Operating, Investing and         
        Financing Activities 82430082.89 93897458.08 3272138.35 -14739513.54
Add: Cash at the Beginning of the year 343243825.5 239882396.6 16155159.06 87206269.75
Cash Balance at the End of the Quarter 425673908.3 333779854.7 19427297.41 72466756.21

 

Certified Correct:

GLADYS P. HURAÑO,CPA
City Accountant