ISLAND GARDEN CITY OF SAMAL |
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Consolidated Statement of Cash Flows |
For the quarter ended March 31, 2019 |
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Particulars |
Total |
General Fund |
Special Education Fund |
Trust Fund |
Cash Flows from Operating Activities |
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Cash Inflows |
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Collection from taxpayers |
14,862,126.95 |
14,079,014.84 |
783,112.11 |
- |
Share from Internal Revenue Allotment |
162,851,418.00 |
162,851,418.00 |
- |
- |
Receipts from business/service income |
38,734,853.35 |
38,734,853.35 |
- |
- |
Interest Income |
698,663.57 |
620,165.33 |
21,200.95 |
57,297.29 |
Other Receipts |
33,825,966.03 |
18,384,590.58 |
7,472,653.76 |
7,968,721.69 |
Total Cash Inflows |
250,973,027.90 |
234,670,042.10 |
8,276,966.82 |
8,026,018.98 |
Cash Outflows |
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Payments to suppliers and creditors |
61,981,991.10 |
47,313,167.09 |
4,009,285.22 |
10,659,538.79 |
Payments to employees |
65,640,770.52 |
65,424,023.60 |
91,888.50 |
124,858.42 |
Other Expenses |
28,575,843.28 |
27,109,009.34 |
583,092.09 |
883,741.85 |
Total Cash Outflows |
156,198,604.90 |
139,846,200.03 |
4,684,265.81 |
11,668,139.06 |
Net Cash Flows from Operating Activities |
94,774,423.00 |
94,823,842.07 |
3,592,701.01 |
(3,642,120.08) |
Cash Flows from Investing Activities |
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Cash Inflows |
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Collection of Principal on Loans to other entities |
877,487.64 |
877,487.64 |
- |
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Total Cash Inflows |
877,487.64 |
877,487.64 |
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- |
Cash Outflows |
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Purchase/Construction of Property, Plant and Equipment |
54,285,983.83 |
47,671,174.89 |
554,917.00 |
6,059,891.94 |
Grant of Loans |
200.01 |
200.01 |
- |
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Total Cash Outflows |
54,286,183.84 |
47,671,374.90 |
554,917.00 |
6,059,891.94 |
Net Cash Flows from Investing Activities |
(53,408,696.20) |
(46,793,887.26) |
(554,917.00) |
(6,059,891.94) |
Cash Flows from Financing Activities |
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Cash Inflows |
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Proceeds from Loans |
23,809,576.00 |
23,809,576.00 |
- |
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Total Cash Inflows |
23,809,576.00 |
23,809,576.00 |
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- |
Cash Outflows |
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Payment of loan amortization |
1,958,748.03 |
1,958,748.03 |
- |
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Total Cash Outflows |
1,958,748.03 |
1,958,748.03 |
- |
- |
Net Cash Flows from Financing Activities |
21,850,827.97 |
21,850,827.97 |
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- |
Total Cash Provided by Operating, Investing and |
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Financing Activities |
63,216,554.77 |
69,880,782.78 |
3,037,784.01 |
(9,702,012.02) |
Add: Cash at the Beginning of the year |
418,656,094.13 |
346,267,865.51 |
19,427,297.41 |
52,960,931.21 |
Cash Balance at the End of the Quarter |
481,872,648.90 |
416,148,648.29 |
22,465,081.42 |
43,258,919.19 |
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Certified Correct: |
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Gladys P. Huraño |
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City Accountant |
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