W&l»>ii' i' ~ tt' ~ '.M I >r»I >X Ul ~ 0»r 1 -: < F st > u >ti»3r»
» i»» >. n» ow
'<+<6>,'3U~!lli.' ill» Ill -' "» I!il.ppin»
Pr %<<ill! "», r."'> I '" r".»1 I!
I, i i,'l" .I V E, D
ir%'AI>. I> > e. e»>IU. p/I / I>'P~I i i elri@grrrei>I. Co>7>' URS 7erieir- i'»",eiii Cem>eire i e!: I'02! 'ir/'/->!9%
Februar; 14 2018
iON. USMliil P uaAT/i.II Ii Direcior lV
GAFM1S
Co!turns!on on Audit
Commonwealth Avenueguezon City
OcR! 0'! I'ecto!' BIB!riel:
Prc-Closnlg TrlRl BRlancc Post-Closing Trial Balarlcc
Detailed Statement of F!nancial Perfornlance Detailed Statement of F!nancial Position Condensed Staterrient of Financial Perfonnance Condensed Statement of Financial Position Statement of Cash Flows
Statement of Changes in ¹t Assets / Government Equity StBtcment of Comparison of 8uclget and Actual Amount
Notes to Fhlancial Statements
Statelnent of Management Responsibility
Statement of Cummulative Allotment, Qbligations iincurred Bnd Unobligated
BRlarlccs ⬠AN I'»IEX A
Dc'tBIlcd Statement of Cunll'nUlati vc Expenditures/Qbllgatlons lncul'led, Obligations Eiuidated/Disbursements and Unliquidated Qbligations ⬠ANNEX
8
Rcport of Incoinc RcgUlal' Agency Books Schedule of Accounts Payable
Schedule of Accounts Receivables Thank you.
Very truly yours.
iP/7'~~<i%;
SHE K'z' Kg/<!ARTY
Bir r., Pin/gee Services Division
f»i Ur<UIII'Ilnri Torr&rro'>1> 8 idio'Dl~~g»~:
Tel 651-9346 UiRS Ca!n',a T 1 359-3776
Tel/Fa;: 697-6773 URS Cardona Tal 358-868.!
To! 662-10'I8; Fr'.. 662-3181 URS Morong Tel/F»rx 853-1735; 65 UF16 Angono
URS Ant!polo URS Sinengonen
URS Pi! I!Ia URS Rodriguez 3-1082 URS Taytay
Te!/. 'ex 35 .- .' I ui ='Fi'r-575»
Tel 8»1-538-
%'e are pleased to submit the following revised year-end financial statemen'.s and reports/schedules in printed and digital copies of the University o; Ri!zai System for CY 2017 for Fund 011, Fund 052, Fund 062 and Fund 073:
V~epubhc of th» Phil»~ptnes
~IN'~/KRSk".'" ' G.'< RI"<'AL, SVSTKIM Tal1a>', H.izal
STATZIi<'JJKI'.1'~' K r<']>JZ, I,J. tAL PEP~FORM",A Jsl» K
AI,i. K" lI'JBS ll< "JI~J!!j< Gl > K<UND 052, KUJNB 062, K!UNB t i'!
. 911-: T".HK VKAP K<1'fDKD 9KCKi&~j3KR 31, 20t7 'Arith Comparati; e Fi~<>ures f' or CY 2017!
in j3e os I 1>lote
148,087,182.34 I 63.,909,084.20 148087, I 82,34 k6:;,909,0'l4.20
54,158,633.55!
l 3 456>965,825.78 40 l >994>102. 87 46,403,369. 02 47>835,469.32
Page 1 of' t RQVeB lie
Se'l vice and Business Jncon>ae Tota! R<='veiBUe
I ess: C>JlvvvBt Opelf atin~ K<x<MBses
Personnel Sew ices
Maintenance and Other Operatine Expenses Non-Cash Expenses
Totat Cti,veen' Operating Kxpev'ses Siavp tts/ Bet<ictt! from CUI vev>t Opev3tions
I Jet Financial Assistance/Subsided
SBvp><i<is/ Bet!lett! itov the pevtod
401 904 715 01
I 30,224,357.33 26,520,566.76
Certified Correct
J, 6$6~A V. 1AVSIXSII'J
, niversity Accountant
368,685,048.74 127,405,313.85
21,977,3 i5.16
STATEMENT 01 ~'.~Ix -..I",CPA'. PGSIIT1ON'
AJ~ 1L EIJXB ' rKVND 011 EfiJND 052 FIEND 062 EtJI JB 073!
AS GF lljIZCKMJBKlP 31, 2017
377,605,757.85 383,895,645.95
405,664,163.18 284,498,679.22 662,104,437.07 LIABV 1T1ES
10.1 10.2
Tota] Curlleut Lllabilllltlles
213,295,211.6/ 124,592,91 3. 1 7
537,511,523.90
576,264,597.46
576,26<i,597.46 537,511,523.90 Certi ed Correct
A T. MAS1NS1N versity Accountant Page j. Gf j.
ASSETS
Curll eut Assets
Cash and Cash Equivalents
Recei vabl es Inventories
Other Current Assets Total Curreut Assets Nou-Cuvveut Assets
Investments
Propel', Plant and Equipmen'
Biological Assets
Other Non-Current Assets Total Nou-Current Assets
Current E,iabilities Financial Liabilities
Inter-Agency Payables
Trust Liabilities Other Payables
NET ASSETS/KQIIJETV
Accumulated Surplus/{Deficit!
Totall Net Assets/Equity
republic oi the Philippines 1JN''i~KF.'S1TV OE RJI,=Ah SYSTEM
31 aluuy, RIIzui
28'7,472,463.96 55,867,03 6.21 10,254,64! .12 30,301,504.66
3,313,852.48 3 93,047,478.43
4,991,725.00 4,311,107.27
121,003,795.81 12,909,849.77 78,232,556.60 1,149,009.49
333,120,869.97 21,916,468.16 8,534.763.42 14,033,656.30
2,2 58,546.75 272,93 7,300.20 4,991,725.00 4,311, I. 07.27
28,531,336.50 13,706,800.95 81,299,801.14
l,054,974.58
kcpub!Ic ok' tIlc P4111pplnes 'lJI"V~l"/KF ii' " 3< P'>/ '='~" "7 'I"l,
Tallaf H.LZBI
,'''AT 1%XI' .' 3F: i-"/,.I'%G"" "I'", ll 7 i '"=ZTS/K'g~'Jf7'":
IJI IU~ <~ 'iJI' t'~ -~i! ', ~tIJJ.'Ij" $52 i~',JI"I~. Q6$ 8r'v'.. ~<Ul- ii 073
g" oà "~~c ' cB'.:" I' h>Qeu~ '~~eeeI734el' wji, x0L' 7
/V1/itII Comparative Figures for C"~' 2016!
iII pesos!
5~ /,5 ! 4,5 >'3.9 tt'
435, I32,164.15
r 'klBIIges ill I", t Assets/ "<'cjllllly fo; tee CBter QBI ".cB
0,292, f 84.08!
49,0<! 5,857.64
14,852,126.11 112,559.858.09
AdjLlstn'ielll of net I'cvcn'lc l'ecogn ized directly in net assets/eqnit~
Surpius/ Deficit! folthc pcl'lod
TotBI I'ecogMzedi 2'eveBUc HItlrll exp else i'oii ttlic petto .
3e,75>,87>.56B~.liarliee Bt December 31
576,2o~,597 A6 562 544 I48.35
Certified Correct:
Unlvcsl!p /lccourltant
Page 1 o;" j.
HB."Bzlee Bt ~J~BQiMGr j' lt AOIdi/ Bedcet!:
CFlangcs 1I1 accoUIltlrlg PoIlcy
RestKteG bBIRrlee
Aecl mu. Bt r'. "I.l'-,.Iv,si',"ef:e::tj
Repub! ic of the philippines UI"'»I'Vti» I "» r t/ 6.» P.T!," 5:.K SYSTIK t/"
TIar;.By,, RIzal
Cas!h Tjlo~vs KroIII]I »alee]rati]]ig P.ctivitl s
2016582.,788,020.00 Reccll t3t 0! Notice ot I Hs! I A I!L I'.Brioi'
Receipt of Not!CL, o! Cas! i Alai]cat!on
I "t,i c tt 4oo c]!0 5 82,788,020.00 412 452 -'-9 ' 00
114 568 048.9t] 184 849 752.58
IIII .Jt
4,483,843.6!
Col lcctloi'I of IIlcolne/RevPI1LIes
Collection of service and business income Col lccilon 0! ot!'Icl I nco]tlc
t28,500.00!
8,500.00!
18,646,000.88 19 902,806.48
5,640.69 5,536,013.75 5,536,013.75
Tl L!st Receipts
Receipt of gL]B]anty/s' cu!'! ty depos]ts Collection of other trust! eceipts
50,000.00 18,3 I 8,231.72 224,66 .24 18,093.566.48 50,000.00
2,204,679. 12 5,642,724.88 2,192,679.12
!2,000.00
626,7!5.7 ' 939 ]30 80
626, /1 5. 73 344,251.30
594,979.50 646,355,946.6l 724,607,673.71
Page 1 of 3 A;::: I»Uil'!DS
1'»CR i E!K VKA.P Zilch.ZD DKCKI'P~HKP.33, 201 7
Receipt of Assistance and Subsidy from Other NGAs. LGUs and GOCCs
Assistance from Local Government Units Collection oi'Receivables
Collection o! loans Bnd receivables
Collection of receivable from audit disal!owances
Collection of other receivab!es
Receipt of'1nter-Agency Fund Transfers 4,467,403.42 Receipt of'cash fo, the account of NGAS/LGUS/GOCCS 4,467,403.42 Receipt of funds for the imp!ementation of projects from I%GAS/I GUS/GOCCS
Receipt of'funds for other inter-agency transactions
Other Receipts
Receipt of rerund of'guaranty deposits Refund ot overpayment of Personne! Services
Refund of overpavment of maintenance and Other Operating Expenses
Rccclpt of]'efLII'td of cash Bdva]lees
Other rniscel!aneous receipts
A c!J L]st]1lellts
Restoration of cash for cancel!ed/!ost/stale checics/ALIA
Other adj ustments-Inflovv Total Cask!IIIflosvs
! 01,526.62 1,008,925.46 93,07!.59 187,155. I 6 4,252,046.05
86,381,437.87 56.,124,813.34
31,261,032.41 28,818,259.26
18,644,141.96 12,616,890.45 15,681,036.45
13.137,222.81
81,280.00 81,280.00 266,447,360.85 273,905,717. 54
272,971,654.99 934,062.55
264,862,122.46 1,585,238.39
4,588.,707.29 97,242.00
97,242.00
Prepayments
Other Prepayments
4,588,707.29 509,059.13 509,059.13
3,473,080. 63 1,832,565. 89 1,640,514.74 149,647,020.94 148,430,908.88
5,261,733.47 6,831,761.50
3,482,653.59
1,779,079. 88 4,141,633.11 2,690,128.39 11,989,279.21 8,333, I 14. 85
6,743,396.08 1,589,718.77
Page2of3
Payment o f Ex p en ses
Payment of personnel services
Payment of maintenance and other operating expenses Payment of expenses pertaining to/incurred in the prior years
Liquidation oi prior ! ea"s cash advances
Purchase of Inventories
Purchase of inventories for sale
Purchase of inventory held for consun!ption Pt!t'cllase of Const!rnable B!Ologfcal Assets
Purchase of hvestock heidi tor consu]11pt]on/sale/d!Sti'ibut!on
Grant of Cash Advances
Advances for payroll
Advances to officers and employees
Refund of Deposits
Payment of gua! antv depos!ts
Payment of other depositsRemittance of Personnel Benefit Contributions and Mandatory Deductio Remittance of taxes withheld not covered by TRA
Remittance to GSIS/Pag-IBIG/PhilHealth Remittance of personnel beneiits contributions Remittance of other payables
Release of Inter-Agenc, Fund Transfers
Advances to Procurement Service
Advances to other NGAs/GOCCs/LGUs for purchase of goods/servic~
Release of othe> inter-agency fund transfers
Other Disbursements Refund of excess income
Refund of excess Working Fund/fund transfers/Trust Fund Refund of guaranty/security deposits
Other disbursements
1,586,863.30 42,996,944.17
I 1,541,005.87
8,793,314.28 68,113,198.51 35,598,157.14 37,142,351.01
788,419.11 9,718,143.83 1,482,716.27
1,107,386.36 40,975,816.96 44,271,307.60
26,926.95
13,134,382.09 64,252,599.44 30,833,580.31 40,210,347.04
39,897,908.32 166,650,692.21
Reversal of Ui1utilized INCA
697,495,282.39
55, I 20,85 9.30 27, 11 7 2,39 '.32
%et Cash Provtded by Used IrJ! OperratkBg A ctlvttlles
Cash Frlo~vs from ir.ItvestkHg Ac' r
ivtf'.es72,760,797.33 55,037,405.07 1,1 84,762.58
1,047,202.55
365,000.00 2 l,565,7? 3.65 13,077,570.94 3 7,091,347.3 9
28,613,253.24 467,717.50
504,654.30 13,274,60'1.52
4,354,120.48 4,356,514.07
1,895,734.18
I'otall Cash Qntf1OJvs
Wet Cash Prtiviided By ~Jsed frI! Investittg Aetiivtities
2,760,797.33!
Ittcrease Decrese! itt Cash and Cash Kqttiva1errts
5,648,406.03.!
83,43.4.23 333,037,455.74
CaSh and CaSh EqtJIVaientS, JraIJLIary i
333, 11 20,869.97
Cashi aitd Cashr' Kqrakvaierttsr Decrent,Der 31
28 «72 ~'.63 96
333, II 20,869.97
Certified Correct:
F>f~ >KA T. I'4c-'SltNS'N EEi~ilg/â¬
snivel sltv Accountant
Page 3 air'3
Casill OLItflovvs
