Consolidated Statement of Cash Flows For the period ended June 30, 2017

Parent Category: Financial Reports
Island Garden City of Samal
Consolidated Statement of Cash Flows
For the period ended June 30, 2017
 
Particulars  Total   General Fund   Special Education Fund   Trust Fund 
Cash Flows from Operating Activities        
Cash Inflows        
Collection from taxpayers         14,520,260.95               12,872,264.35        1,647,996.60                       
Share from Internal Revenue Allotment 274,524,792.00  274,524,792.00             
Receipts from business/service income         38,587,975.28           38,587,975.28                                
Interest Income            1,227,470.23                       996,473.98          55,069.61         175,926.64
Other Receipts         69,772,995.57                  9,564,012.96     11,253,717.00       48,955,265.61
Total Cash Inflows      398,633,494.03            336,545,518.57     12,956,783.21       49,131,192.25
Cash Outflows        
Payment of expenses    4,348,921.47              4,348,921.47                                                        
Payments to suppliers and creditors         85,860,876.37               58,814,485.59        6,378,159.48       20,668,231.30
Payments to employees      102,681,410.09            101,306,212.59        1,268,241.00              106,956.50
Other Expenses         58,208,888.71               42,440,311.99        1,505,933.91       14,262,642.81
Total Cash Outflows      251,100,096.64            206,909,931.64        9,152,334.39       35,037,830.61
Net Cash Flows from Operating Activities      147,533,397.39            129,635,586.93        3,804,448.82       14,093,361.64
Cash Flows from Investing Activities        
Cash Inflows         
Collection of Principal on Loans to other entities            1,533,635.28                  1,533,635.28    
Total Cash Inflows            1,533,635.28                  1,533,635.28                                  
Cash Outflows        
Purchase/Construction of Property, Plant and Equipment 47,686,772.56               39,851,359.02 1,354,469.25 6,480,944.29
Grant of Loans 5,048.61                      5,048.61    
Total Cash Outflows         47,691,821.17               39,856,407.63 1,354,469.25 6,480,944.29
Net Cash Flows from  Investing Activities (46,158,185.89)     (38,322,772.35) (1,354,469.25) (6,480,944.29)
Cash Flows from Financing Activities        
Cash Inflows        
Total Cash Inflows        
Cash Outflows        
Payment of loan amortization            6,753,598.24               6,753,598.24    
Total Cash Outflows            6,753,598.24                  6,753,598.24                                                                
Net Cash Flows from Financing Activities          (6,753,598.24)                (6,753,598.24)      
Total Cash Provided by Operating, Investing and         
Financing Activities         94,621,613.26               84,559,216.34 2,449,979.57    7,612,417.35
Add: Cash at the Beginning of the year      340,692,954.70            237,331,525.89  16,155,159.06 87,206,269.75
Cash Balance at the End of the Quarter      435,314,567.96            321,890,742.23     18,605,138.63       94,818,687.10

 

Certified Correct:

 

GLADYS P. HURAÑO, CPA 
City Accountant