PHILRES MEMBER'S COPY

PHILIPPINE INSTITUTE OF REAL ESTATE SERVICE PRACTITIONERS (PHILRES) INCORPORATED

STATEMENT OF CASH FLOW

For Nine (9) Months ending 30 September 2013 Cash flows from operating activities Excess of application over sources Adjustment for Finance Income Operating cash flows before working capital changes Increase (decrease) in: Advances for liquidation Other Receivables Member's equity receivable Office Equipment Increase (decrease) in: Accrued expenses Advances from Officers Other payables Member's deposit payable Increase (decrease) in: Member's equity - Prior year's adjustment Net cash used in operations Finance income received Net increase ( decrease ) in cash Cash January 1 September 30 (67,314.25) 7,866.01 (75,180.26)

6,000.00

(77,254.04) (18,034.43) (2,231.25) 11,000.00 (3,500.00) (84,019.72) 7,866.01 (151,333.97) 1,564,239.45 1,412,905.48

Certified correct :

Submitted to:

JOSE"JULIUS" MARCELINO G. TOPACIO, CPA Vice-President for Treasury

RODOLFO G. VALENCIA National President

/remramirez