Accountant's Reports For the Quarter Ended December 31, 2015 (Fourth Quarter 2015)

Created: 05 May 2016 Published Date Hits: 352

Consolidated Statement of Cash Flows

ISLAND GARDEN CITY OF SAMAL

Consolidated Statement of Cash Flows

For the quarter ended December 31, 2015

Particulars  Total   General Fund   Special Education Fund   Trust Fund 
Cash Inflows        
  Share from Internal Revenue Allotment        110,736,450.00        110,736,450.00                            -                                -  
  Collection from Taxpayers            2,846,861.48            1,423,430.74          1,423,430.74                              -  
  Receipts from sale of goods and services                              -                                -                              -                                -  
  Interest Income               708,577.03               690,243.44               18,333.59                              -  
  Other Receipts          37,930,515.33          15,253,298.78               23,575.46          22,653,641.09
  Total Cash Inflows        152,222,403.84        128,103,422.96          1,465,339.79          22,653,641.09
Cash Outflows        
  Payments to -        
    Suppliers / Creditors        116,343,912.93        111,032,323.82             803,017.89            4,508,571.22
    Employees          31,693,646.24          27,899,341.72             174,000.00            3,620,304.52
  Interest Expenses            1,131,871.51            1,131,871.51                            -                                -  
  Other Disbursements            3,206,526.60            2,613,486.25                            -                 593,040.35
  Total Cash Outflows        152,375,957.28        142,677,023.30             977,017.89            8,721,916.09
             
Cash Provided by (Used in)             (153,553.44)        (14,573,600.34)             488,321.90          13,931,725.00
             
Cash Inflows        
  Sale of Property, Plant and Equipment                               -                                -                              -                                -  
  Sale of Debt Securities of Other Entities                              -                                -                              -                                -  
  Other Receipts               262,402.50               262,402.50                            -                                -  
  Total Cash Inflows               262,402.50               262,402.50                            -                                -  
Cash Outflows        
  Purchase of Property, Plant and Equipment            7,509,093.32               671,492.62               96,766.79            6,740,833.91
  Infrastructures               306,552.80                 89,167.70                            -                 217,385.10
  Purchase of Debt Securities of Other Entities                              -                                -                              -                                -  
  Grant/Loans to Other Entities                              -                                -                              -                                -  
  Other Disbursements               584,598.91               262,402.50                            -                 322,196.41
  Total Cash Outflows            8,400,245.03            1,023,062.82               96,766.79            7,280,415.42
             
Cash Provided by (Used in)          (8,137,842.53)             (760,660.32)              (96,766.79)          (7,280,415.42)
             
Cash Inflows        
  Issuance of Debt Securities        
  Acquisition of Loan                              -                                -      
  Total Cash Inflows                              -                                -                              -                                -  
Cash Outflows        
  Retirement/Redemption of Debt Securities        
  Payment of Loan Amortization            4,508,670.63            4,508,670.63    
  Total Cash Outflows            4,508,670.63            4,508,670.63                            -                                -  
             
Cash Provided by (Used in)          (4,508,670.63)          (4,508,670.63)                            -                                -  
             
Net Cash Provided By (Used In)        (12,800,066.60)        (19,842,931.29)             391,555.11            6,651,309.58
Cash at the Beginning of the Period Oct 1 2015        259,722,363.14        191,615,047.71        14,313,389.45          53,793,925.98
Cash at the End of the Period        246,922,296.54        171,772,116.42        14,704,944.56          60,445,235.56
             

 

 

Certified Correct:

GLADYS P. HURAÑO, CPA

City Accountant