Republic of the Philippines

Department of Education
REGION XI
Division of davao del sur
STA.CRUZ NATIONAL HIGH SCHOOL
Senior High School Department
Sta.Cruz Davao del sur

NAME OF STUDENT: KIM SUZAINE D. SUMILHIG YEAR/SECTION:ABM -12 GENEROSITY

SUBJECT:FUNDAMENTAL PERFORMANCE TA
SEMESTER/QUARTER:FIRST/ SECOND
FILINVEST LAND.INC
STATEMENT OF FINANCIAL POSITION
DECEMBER 31 2019 & 2018

FINANCIAL STATEMENT

ASSETS 2019

Current Assets
Cash and cash equivalent (notes 7,20 and 30) 4,773,621
Contracts receivables (Notes 6,8 and 30) 1,446,192
Contract Assets(Notes 6 and 30 5,998,421
Other receivable (Notes 9 and 30) 3,175,045
Real estate inventories (note 10) 63,018,436
Other current asset (notes 6 and 11) 4,388,484
Total Current Assets 82,800,199
Noncurrent Assets
Contract assets-net of current portion (Notes 6 and 30) 7,117,321
Investment in associates (Notes 2 and 12 4,170,682
Investment properties (Notes 3 and 13 61,321,185
Property and equipment (Notes 14) 3,288,718
Right of use assets ( Notes 2 and 15) 5,247,802
Deferred income tax Assets (Notes 28) 52,435
Goodwill(Note 4) 4,567,242
Other noncurrent assets (Note 16) 5,130,847
Total Current Assets 90,896,232

TOTAL ASSETS P173,696,431

LIABILITIES AND EQUITY

Current Liability
Account payable and accrued expenses (Notes 17 and 30) P13,164,864
Contract liabilities (Notes 6) 972,758
Lease liabilities- current portion(Notes 2 and 15) 318,119
Due to related parties (Notes 20 and 30) 100,779
Income tax payable 142,736
Current portion of loans payable (Notes 18,26 and 30) 6,887,481
Current portion og bonds payable (Notes 19,26 and 30) 4,294,644
Total Current Liabilities 25,881,381

FILINVEST LAND.INC
STATEMENT OF FINANCIAL
DECEMBER 31 2019 & 2018

Horizontal Analysis

ASSETS 2019

Current Assets
Cash and cash equivalent (notes 7,20 and 30) 4,773,621
Contracts receivables (Notes 6,8 and 30) 1,446,192
Contract Assets(Notes 6 and 30 5,998,421
Other receivable (Notes 9 and 30) 3,175,045
Real estate inventories (note 10) 63,018,436
Other current asset (notes 6 and 11) 4,388,484
Total Current Assets 82,800,199
Noncurrent Assets
Contract assets-net of current portion (Notes 6 and 30) 7,117,321
Investment in associates (Notes 2 and 12 4,170,682
Investment properties (Notes 3 and 13 61,321,185
Property and equipment (Notes 14) 3,288,718
Right of use assets ( Notes 2 and 15) 5,247,802
Deferred income tax Assets (Notes 28) 52,435
Goodwill(Note 4) 4,567,242
Other noncurrent assets (Note 16) 5,130,847
Total Current Assets 90,896,232

TOTAL ASSETS P173,696,431

LIABILITIES AND EQUITY

Current Liability
Account payable and accrued expenses (Notes 17 and 30) P13,164,864
Contract liabilities (Notes 6) 972,758
Lease liabilities- current portion(Notes 2 and 15) 318,119
Due to related parties (Notes 20 and 30) 100,779
Income tax payable 142,736
Current portion of loans payable (Notes 18,26 and 30) 6,887,481
Current portion og bonds payable (Notes 19,26 and 30) 4,294,644
Total Current Liabilities 25,881,381

FILINVEST LAND.IN
STATEMENT OF FINANCIAL P
DECEMBER 31 2019
Vertical Analysis

ASSETS

Current Assets
Cash and cash equivalent (notes 7,20 and 30) 0
Contracts receivables (Notes 6,8 and 30) 1,446,192
Contract Assets(Notes 6 and 30 5,998,421
Other receivable (Notes 9 and 30) 3,175,045
Real estate inventories (note 10) 63,018,436
Other current asset (notes 6 and 11) 4,388,484
Total Current Assets 82,800,199
Noncurrent Assets
Contract assets-net of current portion (Notes 6 and 30) 7,117,321
Investment in associates (Notes 2 and 12 4,170,682
Investment properties (Notes 3 and 13 61,321,185
Property and equipment (Notes 14) 3,288,718
Right of use assets ( Notes 2 and 15) 5,247,802
Deferred income tax Assets (Notes 28) 52,435
Goodwill(Note 4) 4,567,242
Other noncurrent assets (Note 16) 5,130,847
Total Current Assets 90,896,232

TOTAL ASSETS P173,696,431

LIABILITIES AND EQUITY

Current Liability
Account payable and accrued expenses (Notes 17 and 30) P13,164,864
Contract liabilities (Notes 6) 972,758
Lease liabilities- current portion(Notes 2 and 15) 318,119
Due to related parties (Notes 20 and 30) 100,779
Income tax payable 142,736
Current portion of loans payable (Notes 18,26 and 30) 6,887,481
Current portion og bonds payable (Notes 19,26 and 30) 4,294,644
Total Current Liabilities 25,881,381
he Philippines
of Education

davao del sur

NAL HIGH SCHOOL
hool Department
avao del sur

TION:ABM -12 GENEROSITY

PERFORMANCE TASK

T LAND.INC
NANCIAL POSITION
1 2019 & 2018

31-Dec
2018

6,419,560.00
800,850.00
3,798,831.00
2,348,361.00
67,853,028.00
3,874,332.00
85,094,962.00

6,243,274
4,056,019
50,018,317
3,833,120
-
85,979
4,567,242
4,961,516
73,765,521

P158,860,483
 P12,446,827
2,156,955
-
181,271
109,002
1,969,936
6,993,574
23,857,559

EST LAND.INC
MENT OF FINANCIAL POSITION
MBER 31 2019 & 2018

31-Dec
2018

Variance %
6,419,560.00 -1,645,939 -0.2563943635
800,850 625,342 0.7808478492
3,798,831 2,199,590 0.5790175978
2,348,361 826,684 0.3520259449
67,853,028 -4,834,592 -0.0712509396
3,874,332 514,152 0.1327072641
85,094,962 -2,294,763 -0.0269670841

6,243,274 874,047 0.1399981804

4,056,019 114,663 0.028269838
50,018,317 11,302,868 0.2259745765
3,833,120 -544,402 -0.1420258171
- 5,247,802 1
85,979 -33,544 -0.3901417788
4,567,242 0 0
4,961,516 169,331 0.0341288832
73,765,521 17,130,711 0.2322319529

158,860,483 157,810,383 0.9933897973

 12,446,827 718,037.00 0.057688357
2,156,955 -1,184,197 -1.8214494717
- 318,119 1
181,271 -80,492 -0.4440423454
109,002 33,734 0.30948056
1,969,936 4,917,545 2.496296834
6,993,574 -2,698,930 -0.3859156992
23,857,559 2,023,822 0.0848293826

FILINVEST LAND.INC
TEMENT OF FINANCIAL POSITION
ECEMBER 31 2019