ANNUAL INCOME TAX RETURN 2017BIR Form No. 1701 Faro Annual Income Tax Return sows wero Two ane8 MSY oe ig wer te Bo 0 he RIANA For Sel-Employed individuals, Estates and Trusts Nawariben ng Revislneras| Ee af ced wrt CAPTAL LETTERS img BLACK Lak ae | sure 2013 (ENCE) ORIGINEL Huse chy BR Pome | 1701 rt tate) et Tee? L]ves _[XINe ® SShorPerod Raum? [] Yes DX] Ne Gansu Taxa ATG) | | WOT Corperstor heave _[X T1G12 Suess eon nears Fon Pteaios 173 oes near Pant wackground iformaton on TAXPAYER FLER. 5 TaxpayorIdontiieaton Number (TIN) [214 3|-| 8102 |~ 0,8;7|-|0| 0/00 GrOO Ga [os a 7 Tax Fier Type. x] Single Propreior | [Professir eauie 1 Tiwst 8.7 ax Fler's Nari aos aes a ESTATE of rans tris tons) 7 THOSE FAO rans wae an LANTING ANTHONY RICHARD CONCEPCION [9 Trade Name lARC LANTING MANPOWER SERVICES Toma ls269 DIESEL ST PALANAN MAKATI CITY ToS BOOTY —— TE os [i|za]i|1 s 69 |[nalsie_sec@yanco.com 19 Canad Tatar Tov Ste = lossse72z008 Seo [x] Waried_| | Leply Somried Wwe 16 Maries ines wheterapauatasicone [_] winioone DK] WiNehaane [18rine ins [] voruFing [_] Seats Fira har Baten [LABOR RECRUITMENT [rs [7404 49 P00] Do MsvodeiOwaion —— [X] eed REST E] CHET Sara Pease OSD are Hr uenetetecis [x [oun [Tecan] Yooesveen pears Exempt Fem income Tax? TT Yee Bilncore ao Seana Ra” [Ye TET No i 24 Claiming Addhional Exemptions? ae Yes we WES ve nee’ o Guatad Depart Chater | @ Part =Total Tax Payale (De NOT err Gears) 25 Toil Tncone Tak Dos [Ovepaynen) or Tax Fle ard Spouse (Su of lems TOAG TEE) 3.789] 27 Les: Total Tax Croits/ Payments (Sum of tems 76A & 766) 6,289] 28 Net Tax Payable (Overayneri) (lem 26 Less ler 27) 2,800] 29 Loss Potion of Tat Payable Aowodl 2 ison 6 be ald nooo TS aes Des a dl 30 Toll Tax Payebe (tem 28.ess Aer 29) 2,800] 31 Aa Teal Porto For tom 64) a ‘32 TOTAL AMOUNT PAYABLE Upon Filing (Overpayment) Gin iar= 9087 2,800] Ovspaynent ma one box ory [Once fe ora & made te same is reverse) obs wunsea Ta be esos a Tax Crost Crbexto (TOC To becariod ow suns gnehed eee ans Sa sgn aa Tax sedi fornan yoarguarer sane ct pages ied [see aR mwcormm [os li{s ol/ [2018 haa oo] 100 Number Date mwonwyrvy) =Amoust fle a i {Tr SA THETA Tai VARIO PENSAR RS OOS TROT BT RESO BHT al SaaS NODE 6000 Ad O0°00EeEseesseexe ae gnnezi0 ea w's5:2 aUOe/eL/y 910 ‘VASLIOVG Lvind 4a genyz006z100 Page 1 of | eu zousand nLBIR Form No. 1701 Page 1 of | Annual Income Tax Return BIR Form No. 7 eScemaeicareersss," | 1701 | RED iREAARECRA 21318 eee Oe ‘Part IV Computation of Income Tax- REGULAR RATE ‘Aj Taxpayor'Filor I re comes seme te ; Se : : — : ‘ =e | neare senators Prem P AD 7 ol ees saat : ae st ; Se ae a : ae F ‘ : 7p Excaas of Doaucbors hon ta ow T 50,000] 1 a a DTT 2 SS oe Somers : : eee nave aaa : eee 1,182,149) ° Se ee See aaa ; a : : ae aia : === ‘57 Ordinary Alowabe ltsmized Deductions (Fem Stade en 24/426) | 441,632 9 ———— F : SE a a nas ‘ : i ee ; Ec Teer oe : = ES eee faa : eo : : 64 Net Taxable Income (Sum of tems €2 & 43) 126,446) 0) a See aa : (66 TOTAL TAXABLE INCOME (ten ot(es tena) 76,446 9) Pee ai A Tax Table ace an ee ao a a —_ a a 288 EE ee eaters : SOREL paleo: ona: seus NTLBIR Form No. 1701 Page I of | Annual Income Tax Return BIR Form Ne. ; a Seema Sor ON co | UIMRRUANHRUER | TN = “Tax Filer's Last Name z 2/413 7810210) 8) 740)0)0;0 Part V- Summary of income Tax Due Desorption’ ‘Ay TaxpayorFier ——T 3) Spouse 8 Regier Rate ~ Income Tax Oue (Fon aon) 9,788) ° $9 Speci Ral reove Tex Due Fon at 15187 of ° To eee: Sra od Cer Govoromert Agoey. rem Srey ot ° 71 Net Special Ireore Tax ve weet ovens olf A 72 TOTAL INCOME TAX OUE (Overpayment) { 0 tose Tax Greats Payments 73 Regist ran Soman aon (08) e009] | a 74 Special (Fon Pee 90786 ° a 75 Exempt ran Pan x Ron 150796) @ a 76 Teal Tax Grd ayneris (San ons a Pon eae8 —o} 77 Net Tax Payable\(Overpayment) item72 Loss tom 76) : ~ 2,800 o TaNET TAK PAYABLE (OVERPAYMENT) FOR TAK FILER and SPOUSE RinamrmT™A879) zA00 7 nw: ation 9 Texas Apa Zao Popo ERE Ta ; {30 NET AMOUNT OF TAX PAYABLE (OVERPAYMENT) tie sn 7 2,800 Thea Penaties 81 Sucrarge 82 merost 83 Compromise 24 Total Ponaliog suncrnore 1665) _(Tokan3i) Te TOTAL ANOUNT PAYABLE UPON FLING (OVERPAYMENT) Gonotmemeey Tokens) | ait Wi Tar Rat Avalinent 1 Doserpiion A Taspayertior —] Span Fa Roane TacOmerae Ove, 9,789 0 7 Lee Tex Due = Rega Pron 709) o 25 Tu: Plt Avant Etre Seb Tex Creal re | a Ac Special Tex Crea Fe he 9 or @460) | a {90 Regular Tax Reliof Avaiiment (Sun of ons 866 9) | ° 81 Speci Tax Rll Avaltet am cn 216217 | a 82 Exot Tax Ral Avalon ran Put en 216259) d 0 59 Toa Tex Poet alert (Su tne 8 42) | A {4 Total Fax Root fvaimont of Tax Fler & Spouse Suthers A 55) ae A RG Com: BANK Cope! O10 [euees nmiBIR Form No. 1701 Page 1 of 1 Annual Income Tax Return IR Form Ne. wetenetaagintien sss ON BERRA "Tax Fier Last Ware 791010 0] e6ADO Cede le oo) 102 PSIe 703 PSO, 104 Line of Business 105 Method of Decucton (oy teraes beaamione (i Spe Sane easton OSD, 106 Metiod o* Aceouring| | Cash fasoval | [SSS G7 sna Exempt fom nso Ta ae Tip sts aster atest ncTOY 3) Toke] ts core uhipa i Spin Praierona Raw? [ee vou eg as taneeay menos PERACTOT (377 Tne 109 Agranumre Tax Cove ATG) [_] 1011 Gompansaon income [_] n 012 Basins inccreticore tom Protesson [i012 Mines nore 110 Claiming Additonal xempions? C] Pari VIA Gusllfed Dependent Chiat Yee []No | MTEVES anurans Calin Doperen MSS" Tc] (rir nian au! Cnt on Pat VI) [vn Suir fr aaitonal exerpton please sac waiver oT a Date Bem oe LestNeme Ft Neme and Mai taal ase ven Pa Vi Curren arene _(ASSorngoh Tce avons 5 ran Pom Tepe: aifoen Murer = Sug A (aR Soak be Ps abe Fost T SE, EEE T rr aor T ae ace a 7 Aaa oad Toe Tra Name of Exaral Audio Aeeostod Tax Agar ARCISO C DIEGO. Ta 2isity9i 8s sy3i2it10 010 a asia oF Sig Pan Earl ADB Sw PSTD) 2 iE BIR Aenedtatono [tit neve Date mMDOPYYY) | HE Ex Date AAUCDTT lo s[-[ooes7 si-loos-[20%6) lo2llosi/|zo1s) jo asjosi/jzors cpa -Pt RE eal cope: O10061 russ : Cet VAT BA IO CODE S46BIR Form No. 1701 a Sinconctittaue ES nngal income Tact | re, | MINRARUARMISHA Ti ‘Tax File’ Last Name 214131 8101210)61 71010100] ‘SCHEDULES-REGULAR RATE ‘Schedule 1 - Gross Compensation Income and Tax Withheld ac: saanal shat Freese) Goo Geena eae ed NST OF pea DO mens ee te tenner oe ome Mean ars ee rey Sie toss resorbed Tr oe Tea Lie cos egress he Sse CONT cn Grane Cartan Lass ep own are od “1 Name of Employer Taxpayer | Ener TA Tanparsaion RTS Tawa pp £ ie 2 Name of Employer Taxpayer Empowers TH Camara ESE Twas i eee a 0 ‘Name of Employer Taxpayer Empowers TH Conporsaion REDTS Tax wand Spouse a o 4 Name of Employer Taxpayer Empowers TA Caparsaion coe Tawa Spouse | 11 sa, a] a '5A ca Goss Carersaton come ard Tl Tax Wither he ave [Tol Compensation noone | 2: Total Tax Witiheld rts an ony naor rots aa Fxg Pa a8) q 7 ‘SB Tota Gross Compensation income and Total Tax Witthld tom tha above [ 1. Total Compensation core | "2. To ties ey nara ves atacradteSpie (To Pot wr 1) a a ‘Schedule Saloe Revenues Receipla Fees trom Business Profession, nclding amount received Wom Goveral Protessional Partners Deseiovon A Taxpayer iar Bsa 1 Total Sal Revenues RecsipisFees 1,450,224 9 2 eGo Sie Revenveu ees Fees ot sujectt Witnang Tax ri Fi ‘3 Total Sales Rovonves RocsipisFoes (matters 142) 4.480,224 a “4 Lass: Salos Roturs, Alowarces and Dsoouns ‘ 7 ‘SNet Sales/Revorves Raceipiz Fees (ten Sess ton 4) (Toker 0) $450,224 0 ‘Eehedule J Other Taxable eam rom Operations not Subject to Final Tex (ies acto sues Tamar Desertion A) Tawpayerrier 8) Spouse 1 ° a 2 © a 3. Total Ger Taxabe Income Samat ne 14) (Toon Zi © ‘Schedule 4 ~ Coat of Sales Services _(iuachatanona stave Tracey) “Schedule 4A - Cost of Sales (For hose engaged in Trading) Deseaplon ATamayerrer BySpaise 1 Merchandise Inventory Beprinng 2 Ak Prohasos of ererareco Page | of 1 3 Toi Goods Avaliable fr Sale (Sumoffems 182) “@ Less: Merchandise Inventory, Ending '5 Cost of Sal (tem 3 Less hem 4) (To Schedule 4 em 27)BIR Form No. 1701 Page | of | Annual Income Tax Return Baran Tor | MOREE VRaN Page 6 - Schedules 4B to tne 2018 NCS) [ri TaxFilers ast Name 2 41348 1021018) 74010)0)0 ‘Schedule 48 - Cost of Sales For those engaged in Manufacturing) Doser pion By Spause 6 Dect Materials, Baginning [Ar Taspayori: t 7 Ai: Purchases of Direct Materais 1 Material Avaliable for Use Saneriarw 87 9 Less: Oroct Maiorals, Ending 10 Faw Matis Used (tetas 11 DrectLabor ST] $2 Menefacuing Overhead 13 Toa Maracung Cosi Sonetioe 100) Ta AGE: Work Process, Boging 15 Love: Work in Process, Ending 18 Cost of Goods Manviactued (umat hors 198 1¢ Leshan 19) 17 Ac: Frished Goods, Begining Boss: Fished Goods Erxing ‘Al Taxpayerrior 20 Direct Charges — Salaries, Wagos and Bonefis 985,611] 21 Droct Gages — Matera, Sigpies and Facies ‘2 Drect Charges = Depreciation £23 Direct Charges — Rental ‘24 Ovroct Charges — Outside Servos 25 rect Charges = Others 196,532 26 Total Cost Serves Semaine Anas (To Soeaies Benz?) 4,182,143 27 Teal Cot ot Sales Sern Soros 94 eh (OP 4,182,143 ‘Schedule 5 Non-Operating Income (scr sao ao ‘Nature of ineome a) Taspaver Pier By Spouse 6 Total Non-Operating Income Gum tere Ho Teen) ‘Schedule 6- Ordinary Allowable Remized Deductions: cy aasra oer Tessa ‘Descipton A) Taxpayer Fier T BiSpouse 1 Adverising and Promotions ° ‘Amorizations (Speci on tems 2, 3&4) z +BIR Form No. 1701 Page | of 1 Garonne Ar Hh Tax Retui (i i nual income Tax Return | “r7gi_| MUMIA RAI 7- Schedule 6 oe DINGS eID? TFs LastName eve spe sei zy sire) 0)0 Sescules Connued) Oranany Aiewabi tame Deis a 5 Bed bobs 6 Chavatie Conrbobons 2 ‘ommuniesion Ug and Wate Deplen 10 Dapreiaion i 1 Dreomrs Foes L 12 Fenge Benes 13 Foal and OF inawanee| einer 15 Jarl ard ossonaal Seco Tia 1 ‘eharaporin: and Coreuaey Fee TW Mcolarooce e508 20 Oc Supsios 21 Oe Soros 22 Presale aaron 24 Ropar and Mariorares Labo Labor aioe 25 Ropar ond Maionarce“MataraloSuopiao 25 Royoseraten and Exetarnert 27 esesch era Deveopmeri 25 Royals 29 Sees a AlSwarone a0 Seca Serve 231.505, C55, Prinentn HOW ang Ghar Conbibiaors 2 Tases andzees Bea 33 Totirg Foos DeTinng ans Serra 35 Teraporaon ong Tat ‘hos (5005 elon; Add adlional haa), necessa = = 790 oa ary Novae Deon So TL aesBIR Form No. 1701 Page | of 1 mE] Annual income Tax Return “roi” | mini eae tI i Tarts Linon [——aispooee Flor Competition o Het Operating Loss Carry Over (NOL Les Toil Dost Exlssvs oI NOLO & Dosibion Unde’ Special Law Net peraing Lee om Histon oS BA) Sea Ta ied Conpution of Nabe Tes Gay Over rare _ {B}NOLOO AppiedProvcus Year Saen Your 8 fel NOLEO avis Goan Sehgal 08 = Spouse i 1 Oss reams Las Tea Doctors Excasve of NOLO & Deion Under Special Law Sel Operating Less per ttewriond) fo seai 87) ule 60.1 = Spouses boiled not aia Tis Operaing Lees —— B)NOLCO Apples Provous Your le leleBIR Form No. 1701 Page | of 1 T SIR Form No. Annual Income Tax Return ? ual Income Tenet | ot ,| MUBRRIAISEMEREAIE | ema fa 141348 191240151749) 0 10 0] ce es == SS ae = 2 Se ——— 1 ehmesenn eos t za! : a : : comet re a : : ee eee ee = : a : : — 2 2 a a Schedule 10 BALANCE Da "Toren Aes 473,208 2 Long Term ivosinars o 2 Proper, Plan and Equpment Net e340 arg Tern Racowaies 3 5 ring Asols @ 6 Oe Asses el 7 Total Aetets Somme) 552878, 's caren vasiaas 2.800] 9” Lng Tem vabiies | 0 eeres Create oi [11 Omer Labi 2 12 Toll Lisblles Gan ose 2.800 Spa. 1a Copia Began 333.335, [Nel come foe Yes 126.4 15ers! Drawings 16 Copia, Enaing Son an a (eta Tr Tots abies end Copal Sonctiers 125 562.670BIR Form No. 1701 Page 1 of 1 Annual Income Tax Return | 4 maetrsem exe | ei, | MRR] voccaaa iaseiaaaennesnsaiatiaeaiaaaiaaas Se aa =a eee a oa L | aoies Saree : ‘ditties aa mere Tenia oT Ne Sa par BOTS “Net income (Loss pe books TS Non Sots Expense TSE OFS ESAS z a 4 Ton Somos 1H) Tess Ron ia0 18 Tora (Sum of heme 50 8) 10 Net Taxable Income (Loss) = Spouse ion ass ton)BIR Form No. 1701 Anne ncome rag Return | "vor. MNS CARASERCAN | TH [Tax Frler's Last Name 24s 3ye jos 2yos 7008 Schedule Sipsenenia Wamaio DDossipion Bonet a aaareeata mane | 9) FralTexwonoared Tiere a] 2Royaies 3 Didone a Praes and Wags sFrrge cere 6 compensator Siecle (Sk Prterowe Rab Ty Sale Exchange of Rel ropeies Tintcenet Titaan ben Peet oan serene [8 OCT/TCTICCT/Tar Osceraton Ne 9 Coriest Aurore Regain (RF Ne 1 Acti! Anuar Maret Va Nel Cepia GATE 11 Fes TacWornecPad Ti) SaisExchonge af Shares feck | ss ee i 12k SCS Sina Cente Sieg slit P Sif $2 Cereaie Autreng Regioazon (CAR) No = Tauber at Shae z 7 16 Dao ase aaecovre COCO eye 16 Actua Aout Mara Value Capi Gane a] o| 18 Othe: Ircae Suter Bra Tax parsers DuSsatorus se Soe sO) WW AaualAeuniFar Vara! Vivant Capes Ga 20 ina Tax Wireless 9 2 21 Total Final Tox Wiheld Pad Gon overs BOER TATRA TE SRE Scheie 128 - Gross ome Resets Exompl Vem Inoome Tax (Asa) Ansan Ea HORTLE] 1 Proseods of Ls Heures Poy Zeus of Premium [3 Rctronon’ Sorts, Porsrs, Graes. 1) Beraona( Real Properties Received Du Gita ‘Bequests, and Devaoe -ibeseipion of Property 16g nd wer ‘Silese Tanga ag Donan) | Cenifoate Aung Repvabon (CARINE 1A) Porsoaiiea Propetee ss | 8)PaveraiRea Pree 7 Aewa Amour rar Markel Vas z a TH Other Exempt income Rcoipte ‘Ai Poronaifica Propaves | 8) Posoraien Papeioe 2 2 ie Erenpt eon Reets orc AOE cvs AnouriFar Mave! VauaNer Capa Gara | a [eisainemencope engin ions To Snwien baa |] Page | of |BIR Form No. 1701 Page | of 1 Annual Income Tax Return "BIA Form Na. Sere pig Hisense rar me ATED COMPUTATION BY TAX REGIE a a 2s oes ase sa oe 2 de busshown eaten co Ta aa 3 Sere ae al q | a 2 ‘stant Gatos asoces aa em faeeed aes a eae ae: ee teens qi 4 4 4 | 3 Zao eee amt * 1 $ Pe “ 7 { sane tne St is " ea ee i Z 2A.R.C, LANTING MANPOWER SERVICES STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31, 2017 (With Comparative Figure Ending December 31, 2016) 2017 2016 SALES 4,480,221.00 1,508,700.00 Less: Cost of Sales Direct Labor 985,811.00 4,104,902.67 SSS, Philhealth,Pag-ibig 196,532.00 __14,182,143.00 213,506.00__1,318,408.67 GROSS INCOME 268,078.00 190,291.33 OPERATING EXPENSES Miscellaneous Expense 65,988.00 38,006.00 Depreciation Expense 50,000.00 50,000.00 Taxes & Licenses 25,844.00 18,952.00 Total Operating Expenses 141,632.00 108,958 00 NET INCOME (LOSS) PA.R.C. LANTING MANPOWER SERVICES BALANCE SHEET DECEMBER 31, 2017 (With Comparative Figure Ending December 31, 2016) ASSETS 2017 2018 CURRENT ASSETS: Cash on Hand/in Bank 434,561.00 253,059.00 ‘Supplies 38,678.00 25,604.00 Total Current Assets 473,239.00 278,663.00 NON CURRENT ASSETS. Furniture & Fixtures 14,120.30 20,000.00 Office Equipment 34,974.10 50,000.00 Service Vehicle 105,575.60, 150,000.00 Total 154,670.00 220,000.00 Less: Accumulated Depreciation 65,330.00 65,330.00 Total Non-Current Assets 89,340.00, 754,670 00 TOTAL ASSETS LIABILITIES & CAPITAL CURRENT LIABILITIES 2,800.00 - CAPITAL ANTHONY RICHARD C. LANTING, CAPITAL 433,333.00 350,000.00 ‘Add: net Income 128,448.00 83,333.00 Total 59,779.00 433,333.00 Add: Addi! Investment 3 Total Capital 559,779.00 433,333.00 TOTAL LIABILITIES AND CAPITAL 562,579.00 Pp VED ud nats eadngtABe. gal 1 aPR 2018 |"5 RDO CODE. Na | BANK CODE: o1048¢ NARCISO C. DIEGO Maaco Diag, CP Certified Public Accountant Board certificate No, 153212 101 San PexkoSt. Hermosa, Botan REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT ‘TO ACCOMPANY FINANCIAL STATEMENTS FOR FILING WITH THE BUREAU OF INTERNAL REVENUE ANTHONY RICHARD C. LANTING Proprietor (ARC LANTING MANPOWER SERVICES) 5263 Diesel St, Palanan, Makati City | have audited the financial statements of ANTHONY RICHARD C. LANTING as of and for the year enced December 31, 2017 on which I have rendered the attached report dated April 12, 2018. ‘Im Compliance with Revenue Regulation V-20, | am stating that. 1. Lam not related by consanguinity or affinity to the manager or proprietor/owner of the company, 2. The taxes paid and/or accrued by the Company during the year are shown in the Schedule of Taxes and Licenses attached to the Annuial Income Tax Return, ae & fig NARCISO C. DIEGO Od teceditation No 5999 TIN Na, 261-985-921 sowed Dates uly 18, 2017 Espiry date: March 9 2080 BIR Aceretitation No 04-000875-001-2016 Tesued Dates February 9, 2078 Valid until February 9, 2019 PTR No. 3059117 January 8, 9018, Hermosa, Bataan April 1% 2018 Hermosa, Bataan¢ NARCISO C. DIEGO Narciso Diego CP Certified Public Accountant Board certificate No. 153212 101 San Pedro St Hermoss, Baton INDEPENDENT AUDITOR'S REPORT ANTHONY RICHARD C. LANTING Proprietor (ARC LANTING MANPOWER SERVICES) 5263 Diesel St, Palanan, Makati City Report on the Financial Statements Opinion Thave audited the accompanying financial statements of ANTHONY RICHARD C. LANTING, which comprise the balance sheet as at December 31, 2017, and the statements of income, statements of changes in equity and cash flow statement for the year then ended, and a summary of significant accounting policies and other explanatory information. In may opinion, the financial statements present fairy, in all material respects, the financial position ofthe Company as at December 31, 2017, and its financial performance and ts cash flows for the years then ended in accordance with Philippine Financial Reporting Standards (PFRS) for Small ané Medium-sized Entities. Basis for Opinion T conducted my audits in accordance with Philippine Standards on Auditing (PSA). My responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. | am independent of the Company in accordance with the Cade of Ethics for Professional Accountants in the Philippines (Code of Ethics) ‘together with the ethical requirements that are relevant to my audits of the financial statements in the Philippines, and 1 have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. | believe that the audit evidence | have obtained is sufficient ‘and appropriate to provide a basis for my opinion Taxpayer's Responsibility for the Financial Statements ‘Taxpayer is responsible for the preparation and fair presentation of these financial statements in accordance with Philippine Financial Reporting Standards for Small and Medium-sized Entities, and for such internal control as management determines is necessary to enabk the preparation of financial statements that are free from material misstatement, whether due to fraud or error, In preparing the financial statements, Taxpayer is responsibk for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. ‘Taxpayer is responsibl for overseeing the Company's financial reporting process. My objectives are to obtain reasonable assurance about wi bs a whole are free from material misstatement, whether due 4,6 an auditor's report that includes our opinion, Reasonable assur: ut is not a guarantee that an audit conducted in accordance with rial misstatement when It exists. Misstatements can arise from 2 red material if, individually or in the aggregate, they could reasohity Be wapeEte ta hfuence the economic decisions af users taken on the basis of these financid] stateiBeiv6.90U®‘As part of an audit in accordance with PSA, I exercise professional judgment and maintain professional skepticism throughout the audit. also: Identify and assess the risks of material misstatement of the financial statemenss, ‘whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion, The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fratid_ may involve colhision, forgery, intentional omissions, misrepresentations, or the override of internal control Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. Conchide on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conchice that a material uncertainty exists, ‘we are required to draw attention in our auditor's report to the related discosures in the financial statements or, if such disciosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease t0 continue as a going concern. Evaluate the overall presentation, structure and content of the financial stitements, including the disclosures, and whether the financial stitements represent the underlying transactions and events in a manner that achieves fair presentation. | communicate with the taxpayer regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identity during our audit. Report on the Supplementary Information Required Under Revenue Regulation 19-2011and 15-2010 My audit was conducted for the purpose of forming an opinion on the basic financial statements taken asa whok. The supplementary information on taxes, duties and license fees in note to the financial statements is presented for purposes of filing with the Bureau of Internal revenue and is not a required part of the basic financi statements, Such informatio ty of the respon: management. The information has been subjected to the auditing procedures applied in my audit of the basie financial statements. In my opinion, the information is fairly stated in all ‘material respect, in relation to the basic financial statement taken as a whok. Bh NARCISO C. DIEGO BOA Accreditation TIN Na, 261-985-391 Insued Date: July 18, 2017 Expiry date: March 9, 2020 BIR cowredi Ieswed Dates February 9, 2016 lid until February 9, 2019 PTR Na 36521 fn April 19, ‘a, 5999 tion No, 04-0069 73 January 3, 9018, Hermosa, Bataan 2018 Hermosa, BataanSTATEMENT OF MANAGEMENT'S RESPONSIBILITY FOR INCOME TAX RETURN ‘The management of ARC LANTING MANPOWER SERVICES is responsible for all information and representations contained in the Annual Income Tax Return for the year ended December 31, 2017. Management is likewise responsible for all information and representations contained in the financial statements accompanying the (Annual Income Tax Return or Annual Information Retum) covering the same period. Furthermore, the Management is responsible for all information and representations contained in all the other tax return filed for the reporting period, including, but not limited, to the value added tax and/or percentage tax returns, withholding tax returns, documentary stamp tax retums, and any and all other tax returns In this regard, management affirms that the attached audited financial statements for the year ended December 31, 2017 and the accompanying Annual Income Tax Return are in accordance with the books and records of ARC LANTING MANPOWER SERVICES complete and correct in all material respects. Management likewise affirms that (a) The Annual Income Tax Retum has been prepared in accordance with provision of the National Intemal Revenue Code, as amended, and pertinent tax regulations and other issuances of the Department of Finance and the Bureau of Intemal Revenue; (b) Any disparity of figures in the submitted reports arising from the preparation of financial statements pursuant to financial accounting standards and the preparation of the Income Tax Retum pursuant to tax accounting rules has been reported as reconciling items and maintained in the company's books and records in accordance with the requirements of Revenue Regulations No 8-2007 and other relevant issuances; (c) The management has filed all applicable tax return, reports and statements required to be filed under Philippine tax laws for the reporting period, and all taxes and other impositions shown thereon to be due and payable have been paid for the reporting period, except those contested in good faith Signature ; Proprietor / ANTHONY RICHARD C. LANTING, Signed this 12" day of April 2018ANNUAL INCOME TAX RETURN 2018eto iat ois ies none ST 79 (001290024008 BIR. PUYAT BAUTISTA PUBTON — 0175 4/15/2019 02:05:11 0129007 129 19 ‘eeenvenseee3g5t 00 PoP 0009 BCFCH mer diz * afer [19 ma BTR-BIR ewe paritony McAAD C. Utnr tke 7 a. aw Bek 803- pdg-con | Yh. OS HR anew 7 = TTT SET ari Cebit System: f Peroni‘Republic ofthe Piippines| ‘Deparimant of Finance ‘Bure of nial Revenue Annual Income Tax Return Incividuals(inctuding MED income Ea aaa 138 Cain Fong Tax Ct? omen ‘cert Nant @nsesnprne 3) 16 Cots ae) = ‘Ste @ Maret © Len Serariad 6 Wer 17 tomes rue ance? Ye GN 18 FlingStive 6 ating 9ircore EMT om hors Ta? SY GND 20 rome wince SPECIALPREFERENTAL RATE? [Eye fou alo consolation o ALL activites pr Tx Regine Pr ‘Utyes ft out aso conscition of ALL aces per Tax Regine (Pat Xi) 2A Mate ot Ondo (hoz oe) 5 femasd tion Optenl Sundar Daten (O50) (Se SURNAM tC Saewtacepaterenseens Se 2403.16 | {4 ntout Gada at sd Sa. 2H Penge Ta tt Ss EERE (ores mtecacperancene’ no opang oe ene The en peso PART H- TOTAL TAX PAYABLE (nor aw ones tne on pane oT Particular 28 eos: Tot Tax Cotta ayrrts Fem Pan Vien 0) 24 raxpayaiehovrpeyment on 2 es om 28) asim rowel mr is nar rin te 26 Aone ax aye vere (te 24 en er 25) a Potion 27 tres, 28 sscane 29 conermse eeseases eh % — Lo06zi0_L1:s0:z0 gLaz/st/O — seL0 ViSLINE 1vAnd 418 800920062100 iPART Taformation of Spouse aaa. i 2 R0OCom i 5 Ptedoed — joi = Som Ca Fon Tox mst? fen one 8 Foregnt nan (appt) 0 re EXEMPT a ne Ter? CYS ON HY eone met SPECALARE-ERENTIAL RATE? re ote (ye ou sno cmmeaaon ALL aetie perTox Regine (Pan hye. Melo conan of AL ace pe Te Reg Pa, 2A ueretl Geacton(omomces 2 tan (Cros meot of ascn tn 218) g mend Onan © Oper Sn Dao 080) (Sie Suh nme] (late encmectcRevn ofS 3 RC © Phintm stomantnt Rate mer Sc 248k Pacers Tener See Ti era gus mercy anrancparng esateedT on pee PMH a FART V- Computation of Tax a anna di Wi ich Aaa Sob Fess Pr wm Pedro ech Yu ana an a saa MRTRIOTS TS TTS WO OFT TST ce Congr otto Taxpayer an on fo 3 ot pee pow Comme Come an [98 crouse ara som a a Pt ae 28) as Ss ht cpr om Ca mr ELC em aS }23 ree reore Sunes (aos 18 on 22) 2 ran Tobe nome Conpmonn& Bares Com $and23) [ot fu Due Comparer on Bsns eae nc oa 25 om ts sovcane nae as uel Pore) Fadrea 35: Yordy Fat ncone Taras Ta 26 samatewneaFeepafon (of sen rots, Sonaces and dct) a Nn peg nepal blo) a7 at 28 Tex cone Sue tore 250827) [31 texouetusness nome low 28 Ft nae ak Taal Tag om pnsaben&Senastacone naa St Sayan 92 ow ah toon atom) 14 S65 0S, neath, HOUF and Cr Coatons 16 Tees sraicrses er 46 Tensor a Tevet i ——. 17 nen once utectnWincng Tax ard Or Ears em Ow AA di sei eee) 2 sol end Venger Sen C= “B38 bb Presson Foe ——. 7 re 38 coy townie nt atc Ste 6 1 opatY —— ae is 5 Speci Awa Renan Oeics a Sanaa aS TNT 2 3 Tout pect Alowal ez esc Taxpayer (Sf tem a2) To pt Schaan 3 a 368) 8 -seouse too Witconscecneeeaaee = 6 Tou seca AtwatietrzadOnutons Spouse (Suthep V Seb ar 148) = Sano Re Open Lae any Oar NOLO, ‘EA: Conpetton oF WLC = Deseneen cease 2 Law Crary Another acon 5 Ret Span ee Lane tn (To Schade 6A Mom 7A air beorrrti {1 Taare Osta Compuiziona easieNOLCO et Opeag Ls 8 yoLco fates Yesrtncanes At ‘Nocona voor 208 8 ost NOLCO- mapa (Sf tr D7) (Ta Pa V Sel SA 154)PART Suman ofiaome Taos Reger Rains Teen (rom Pat Earn Pro Ja) a sont Rate Te De Frm Pet te 17/7F) 3 Les shart cer Goren Agen rte det he Aaeney [nt pei ere Ta Ohare Ratna Got 7 Le) 5 taatncre Tx Due Fo Pet ho 22) ax Pye Ft Tr se (rete Ta Wie fr Ft Ti 2) Cures Crest Tr ri pu Fer, 2307 fh ante {ae 300 a 2 3 a s s 7 je 9 ip ec weap Fomne 2318 ron Pe Shae en aie Tar Pat a Pon Fn. tian Art ten ol Fran Tit pt I ow Spt Ta Ct Fen 7 Fa Vl 5 Goer a etm apety | r 8 10 Tat rac manPore Somes 108 Pat 2) — PT Taha om aT e 1 Rene Tex hon i Xion 18 niin esate Figen pr abled Dd Pt Xen nd en eee 2 toptat ogty cor x te) ES x fs ss rat-Tac ker (Samora ent2) [4 Lea nce Fx Ou om Fa XD 7B nr 18) 5 tox att ret eo Spo! ax Ct te ats He) 16 Ase Spc Tox Cesk fay rom at i te 7 et Tax Reet ater SPEC. ac he Sd Vile eaempt Soom ih Bo Po es 6h wt eae a eae Teale Sac we ee etre tena 7E gp r os 10 Ta Tort etme SMT Sun one ad ae —— PART Reconstr of Wt eon per SOs Ajane Tabs Mone (ah asian aes Toes ore 2 Tapayeiar ae 1 netomat pr Backs ese —Tax Return Receipt Confirmation From: ebirforms-noreply@birgov ph (ebirforms-noreply@bir.gov.ph) To: alan dacilo@yahoo.com Date: Saturday, 13 April 2019, 7:30 pm GMT+8 ‘This confirms receipt of your submission with the following details subject to validation by BIR: File name: 243802057000-1701v2018-122018.xml Date received by BIR: 13 April 2019 ‘Time received by BIR: 08:09 PM Penalties may be imposed for any viotation of the provisions of the NIRC and issuances thereot, FOR RETURNS WITH PAYMENT. Please print this e-mail together with the RETURN and proceed to pay through the Authorized Agent Bank / Collection Agent / GCASH or use other payment options. ‘This is a system-generated email, Please do not reply. Bureau of internal Revenue DISCLAIMER ‘This email and its attachments may be confidential and are intended solely for the use of the individual or entity to whom itis addressed. lf you are not the intended recipient of this email and its attachments, you "must take no action based upon them, nor must you disseminate, distribute o copy this e-mail. Please contact the sender immediately if you believe you have received this email in error. E-mail transmission cannot be guaranteed to be secure or error-free. The recipient should check this email and any attachments for the presence of viruses. The Bureau of intemal Revenue does not accept liability for any ‘errors or omissions in the contents of this message which arise as a result of e-mail transmission.STATEMENT OF MANAGEMENT'S RESPONSIBILITY FOR ANNUAL INCOME TAX RETURN The management of A.R.C. LANTING MANPOWER SERVICES (the Company) is responsible for all information and representations contained in the Annual Income Tax Return for the year ended December 31, 2018. Management is likewise responsible for all information and representations contained in the financial statements accompanying the Annual Income Tax return covering the same reporting period. Furthermore, the ‘Management is responsible for all information and representations contained in all the other tax returns filed for the reporting period, including, but not limited, to the value added tax and/or percentage tax retumns, withholding tax retums, documentary stamp tax returns, and any and all other tax returns. In this regard, the Management affirms that the attached audited financial statements for the year ended December 31, 2018 and the accompanying Annual Income Tax Return arc in accordance with the Books and records of the ‘Company. complete and correct in all material respects. Management likewise affirms tha: . The Annual Income Tax Return has been prepared in accordance with the provision of the National Internal Revenue Code, as amended and pertinent tax regulations and other issuances of the Department of Finance and the BIR, ». Any disparity of figures in the submitted reports arising from the preparation of financial statements pursuant to financial accounting standards and the preparation of the income tax return pursuant to tax accounting rules has been reported as reconciling items and maintained in the company’s books and records in accordance with the requirements of Revenue Regulation No. 8-2007 and other relevant issuances; «The Company has filed all applicable tax returns, reports and statements required to be filed under Philippine Tax laws forthe reporting period, and all taxes and other impostions shown thereon to be due and payable have ben paid forthe reporting period, except those contested in good faith sned by the following: Signature Name of Individual Taxpayer 'Y RICHARD C. LANTINGREPORT OF INDEPENDENT AUDITOR ANTHONY RICHARD C. LANTING Proprictor A.R.C. LANTING MANPOWER SERVICES ‘5263 Diesel Street, Palanan Makati City it of the Fi Opinion. ‘We have audited the financial statements of A.R.C. LANTING MANPOWER SERVICES which comprise the statements of financial position as at December 31, 2018 and 2017, and the statements of comprehensive income, statements of changes in equity and statements of cash flows for the years then ended, and notes to the financial statements, including a summary of significant accounting policies. In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of ARC. LANTING MANPOWER SERVICES as at December 31, 2018, and of its financial performance and its cash flows for the years then ended in accordance with Philippine Financial Reporting Standards (PFRS). Basis for Opinion We conducted our audit in accordance with Philippine Standards on Auditing (PSAs). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Corporation in accordance with the Code of Ethics for Professional Accountants in the Philippines, and we have fuliled our other ethical responsibilities in accordance with these requirements, We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Re ilies of| and Those Charged with. Management is responsible for the preparation and fair presentation of the financial statements in accordance with PERS, and for such internal control as management determines is necessary to enable the preparation of financial statements that are fice from material misstatement, whether due to fraud or error. In preparing the financial statements, management is responsible for assessing the Corporation's ability to continue as a going concem, disclosing, as applicable, matters related to going concem and using the going concem basis of accounting unless management either intends to liquidate the Corporation or to cease operations, ‘orhas no realistic alternative but to do so. ‘Those charged with governance are responsible for oversceing the Corporation's financial reporting process. Auditor's Responsibilities for the Audit of the Financial Statements. ‘Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from ‘material misstatement, whether duc to fraud or error, and 10 issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance ‘with PSAs will always detect @ material misstatement when it exists. Misstatements can arise fron Tudor rok and are considered matcral if, individually or in the aggregate, they could reasonably be expected to influence the\ ‘economic decisions of users taken on the basis of these financial statements. \Page 2- As part of an audit in accordance with PSAs, we exercise professional judgment and maintain professional ‘skepticism throughout the audit. We also: + Identify and assess the risks of material misstatement of the financial statements, whether duc 10 fraud or error, design and perform audit procedures responsive to those risks, and obtain audit, evidence that is sufficient and appropriate to provide a basis for our opinion. ‘The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal contro. + Obtain an understanding of intemal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an ‘pinion on the effectiveness of the Corporation’s internal control + Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. + Conclude on the appropriateness of management's use of the going concern basis of accounting, and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Corporation's ability to continue as a going concem. Ifwe conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the andit cvidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Corporation to cease to continue as a going concern. We communicate with those charged with governance regarding, among other matters, the planned scope and ‘timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit, on tl itary Information Required Under Revent 15.201 ‘Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole, The supplementary information on taxes, duties and license fees in Note L7 to the financial statements is presented for purposes of filing with the Bureau of Intemal Revenue and is not a required part of the basic financial statements, Such information isthe responsibility of management. The information has been subjected to the auditing procedures applied in our audit of the basic financial statements. In our opinion, the information is fairly stated in all material respects in relation to the basic financial statements taken as whole. NC. DACILLO "A Certificate No, 91473, until June 7, 2021 PTR No. 80234628, 01/03/2019, City of Manila TIN - 178-027-184-000 a BIR Accreditation No. 06-004688-001-2018, valid until April 4, 2021 | BOA Accreditation No, 3122, valid until June 7, 2020 F April 13, 2019. : Manila, Philippines ‘Exmail: alan_dacito@yahoo.com Tel. No. 0906-0586089REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT TO ACCOMPANY PHILIPPINE INCOME TAX RETURN ANTHONY RICHARD C. LANTING Proprictor A.R.C. LANTING MANPOWER SERVICES. 5263 Diesel Street, Palanan ‘Makati City 1 have examined the financial statement of A.C, LANTING MANPOWER SERVICES for the year ended Docomber 31, 2018, on which I have rendered the attached report dated April 13, 2019 {In compliance with Revenue Regulations V-20, | am stating the following: 1. The taxes paid or payable by the above company during the years are shown in the Schedule of ‘Taxes and Licenses attached to the Income Tax Returns; 2. don’t have any direct financial interest with the Company: ALLAXC, DACILLO ‘Certificate No. 91473, until June 7, 2021 ‘No. 80234628, 01/03/2019, City of Manila TIN - 178-027-184-000 BIR Accreditation No, 06-004688-001-2018, valid until April 4, 2021 BOA Accreditation No. 3122, valid until June 7, 2020 April 13, 2019 | Manila, Philippines i E-mail: alan_dacilo@yahoo.com Tel, No, 0906-0586089-A.R.C. LANTING MANPOWER SERVICES Anthony Richard C. Lanting - Proprietor ‘STATEMENT OF FINANCIAL POSITION As of December 31, 2018 and 2017 pecans 2017 ASSETS CURRENT ASSETS. Cash and equivalents 121,963 60,854 Trade and other receivables 150,313 - Supplies 218,000 Total Current Assets 278.863 NON-CURRENT ASSETS Property, plant and equipment 104,670 154,670 Total Non-current Assets 104,670 154,670 TOTAL ASSETS 604,039 433,333 LIABILITIES AND EQUITY LIABILITIES Income tax payable 3.454 : Total current liabilities 3,451 - CAPITAL R.A. Lanting, Capital 433,333 350,000 ‘Add: Net Income 267,255 83,333 Total 700,588 433,333 Less: Drawing {100,000) : Total Equity 600,588 433,333, TOTAL LIABILITIES AND EQUITY 604,039 433,333 | | ‘See accompanying notes to financial statements :A.R.C. LANTING MANPOWER SERVICES Anthony Richard C. Lanting - Proprietor STATEMENTS OF INCOME For the period ended December 31, 2018 and 2017 2018 2017 REVENUES 1,599,563 1,508,700 COST OF SERVICES 4,229,174 1,318,409 GROSS PROFIT 370,392 190,291 OPERATING EXPENSES: 403,137 106,958 NET INCOME 267,255 83,333 ‘See accompanying notes to financial statementsA.R.C. LANTING MANPOWER SERVICES. Anthony Richard C. Lanting - Proprietor STATEMENT OF CASH FLOWS For the years period December 31, 2018 and 2017 2018 2017 CASH FLOWS FROM OPERATING ACTIVITIES Income tax 287,255 83,233 Adjustments for: Depreciation and amortization 50,000 50,000 Operating income before working capital changes 317,255, 133,333, (increase)/Decrease in Current Assets, ‘Trade and other receivable (150,313) (180,619) ‘Supplies (9,084) (140,901) Increase/(Decrease) in Current Liabilities Income tax payable 3.451 (6,003) Cash generated from operations 161,308 (193,280) Interest received - - Cash paid for income taxes : : Net Cash From Operating Activities 161,308 (193,280) CASH FLOWS FROM INVESTING ACTIVITIES ‘Acquisition of property, plant and equipment = Net Cash from Investing Activities S CASH FLOWS FROM FINANCING ACTIVITIES Personal drawings, {100,000) : Net Cash from Financing Activities (100,000) NET INCREASE (DECREASE) IN CASH 61,308 (193,280) CASH AT BEGINNING OF YEAR 60,654 253.934 CASH AT END OF YEAR 424,963, 60,654 ‘See accompanying notes to financial statementsA.R.C. LANTING MANPOWER SERVICES NOTES TO FINANCIAL STATEMENTS For the years period December 31, 2018 and 2017 Wy Corporate information and Authorization for Issuance of Financial Statements ‘Corporate information ARC. LANTING MANPOWER SERVICES (the “Cornpany’) i a single proprietorship duly registered with the Department of Trs ‘Industry. The Company is primarily engaged in the business of providing manpower services and other alted actvties ‘The Company's principal and business adress is located at $283 Diesel Street, Palanan, Makati City ‘Authorization for Issuance of Financial Statements ‘The accompanying financial statements were authorized for iseue by the proprietor on Agr! 13 2018. ‘Summary of Significant Accounting Policies ‘Basis of Preparation ‘The Company's financial statements have been prepared on a historical coet basis. They are presented in Phiippine Peso, {functional currency of the Company. Amounts are rounded of tothe nearest peso unit, excopt when otherwise indicated, ‘Statement of compliance ‘The Company's financial statements have been prepared in accordance withthe Phiippine Financial Reporting Standards for Sn ‘and Medium-sized Entities (PFRS for SMEs) si 7 cies (a) Cash and Cash Equivalents Cash is caried in the balance sheets at face value, For purpose of statements of cash flows, cash represents cash on hand # cash deposits held at call with Bank, (0) Receivables Receivables are stated at cost less an allowance for uncollectible accounts. An estimate for doubtiul accounts ie made when t ‘collection of the full amount is no longer probable. Property and Equipment : Property and equipment are stated at cost less accumulated depreciation and amtization and any impairment in value. Depreciation is computed on the straight‘ine basis over tho estimated useful ves ofthe assets as folowe: Estimeted useful ‘Tepe ot Assets lives in years Fumiture, fature & office equipments 10 years ‘Transportation equipments 5:10 years Firearms and other security equipments 5410 years Accounts Payable and Other Current Liabilities ‘Accounts payable and other current abies ae stated at ther face aman Cash and Cash Equivalents ‘Cash in bank e Cash on hand -4. Accounts and Other Receivable Trade receivable Other receivables ‘5. Property and equipment Furriture and foturee Office equipments Service Vehicles Total ‘Less: Accumulted depreciation Carrying value Service income Total revenue 7. Cost of Services Direct labor 8. Operating Expenses ‘Communication ight and water Niscetaneous expense ‘Taxes and licenses 2018 86,875 65,438, 350,313 | 720,000 50,000 150,000 : 115,330, 108,670, | 2018 1,599,568 3,599,563 | 1,083,851, 185,320 229,171, | 2018 36,867 03,137ANNUAL INCOME TAX RETURN 2019Brae OTR-BIR DEPOSIT SLIP IR-op tpopoROGs °G/a [teao re Toa BTR-BIR AnTttony RICHARD © CANTING O oe tanto sem |" 248-a0a- rate Anradaal Lacorne Tex Refeen ose o Paes Pls heck on te apowrne bo) ———] 087-000 | YR. 019 ok _rmpene ena rom Jol - IR erento | Ov‘Repub of he Plippines ‘Depariment of Finence ssn Se Buren ot rn! Ravan “1701 Annual Income Tax Return 701 | _inaviguals ¢ntuding MIXED n Estates and Trusts Hiwn 1 ferevewtrm I —~«iRameneaneun Yer gts 3 Swnheosneune PARTI BACKGROUND INFORMATION OF TAXPAYERIFILER a Texan rita en) RO B= BST 5 Oem T= 6 Teen ca Prtesont te Tat Corvin are arene rx a ens OetretenbenninGaeanrton i ertnenroe Bb recoyeenane Leshan Fetiors ar areca rans cone presses ase as noe etn tenet som ane Sn een gS pe tao: oy ono rcs near eA Pate ae 10 om asm anor 14 Sra aacese esas - 2 curve 16. conn Naiw Lares Ne 16 Swen tale pas 5 Sop wens © Lent Seas 6) wiser 7 ware. sous nner ee 18 Pargens som Fara sane BENET fom sre Tac) fe NS 20 hsons aja SPECALPREFERENTIAL RATE? yes teu se corsctacon ot ALL aces pet Tex Regie(Par] yen ti et sua conroston ot ALL acto Fer Tax Reger} Awana at esis (sae 5 ersesbeamor 5 Sphinn Decten 0) (Bre aa ioe Sonsacenaeersa ates 34) NRC nba os edereost an enon aveming anne lane Te rien ase PT "PARTI TOTAL TAX PAYABLE micttiwss 24 tortoise Particular 7. Taxpayeriler BE Spose Tex ove r 8 cd 2s: eat Tax cratPamans ne be oe at rx Pyaienoveray meng 2 es 2) ——a8 sa ona caer nar pase hon = 6 crea sal veya ey ALA 25) as ‘Pete 27 neat ——s 28 sua = 8 23 conponse oe oe sora >a San ctor 7028) se 8 wepayer) Stare 3 2425 “88 a eestor coca ime say st "be slons ers Seren oun tenant onde aniners nea ee eh ite Fume ge coe gir be Pry aE Bh“ agree ops ery oho AgMAW\ RicidawD ©. LArah ¢ 38 nue tates | PART I= DETAILS OF PAYWENT OTT aa $4 canaan ont ee 35. cok = ——— = 36. Tere Mane 37_ ore wes oon ATAnnual Income Tax Return including MIXED Income Earner), Estates and Trusts PARTIV- Background Information of Spouse Tsamvtasxrictainiabntn) — ——-f f-fim sre Spee Tne Sig Poster Pretest canara pbs Tax Cae fb cee ner — 7 ctaeene —— fs cirna Foes 5 OB Foririmmimer rancaoe) sO ieare SxgUPT remiss Ta © Yo Me bes ajo SPECIALPREFERENTAL RATE? ve oN (yes ut ao ceoaton AL ce per ex Rape (yes i cata consolation et ALL ates pr Tx Reine P44 X 42 wars ot ean com ya techasr (Cee lanes Seiten tem 25) io co Sonaruenouranaar et fas 248 NRC) ines ‘ntavt eats Ress dees 240) PART V - Computation of Tax 0 Teme Sa erie fear Tato aa Tewanar i t = ee i — = sa ae a 38 t 305 oes — eae nto Jt Yosef 8 = = pss sae Reus. tonnes ou Dabs 10 na SaeareveneaRacitese tam Lae fom 9 em owen (tan he 1) amva ee sree a S008 Mowe toras esto ae 16 Toa beviced Deductions (Sf ems 13:0 15) 7 opts Stsrs ean 080 ten 12) a oe trees eam ert am 16S em a ie a feet tent ine 2h a; == 22 Tan ne er-mng coe sm often 8102 ——o — 2 raha suns (Su teens 1102) ar —s 24 Toa Ta rsone- Compson Susans (Sm ottene Sand29 a r = 1g, Tol Ta ueCperston nt Baie nem arr pune nas — oe1701 Annual Income Tax Return fnaey 20142168) | Individuals (including MIXED Income Earner), Estatos and Trusts ae’ ss Cerner Ozanne asc 27 —— 2 to none Sum 2560327) 0 Teas rcaratce en eae 2) 31 Tex ovesusnesincone ag faa Oe Speen Bas me ava TT fp Laser 0 Penson tne mart 2 resszensncbevecorct 13 sare ner ns once ta 555 05's Presto 5 rae aes Lares 7 rs eaiios So rating Taxa On bb Prosecna rae . Paeser 49 [eM Orrey Norte : r a i = = = = = = = rst Specs onan tence DesunneTanpayaFe (Sun oon ood anus a sr oe 5 | ————— | 8 6 Tut Sc tna terse cuen Spaut Sim othars anys Toes 8 ie - Coptic ROPE Ls cay OV OTET TA Conpateer a NOLES 7 5I" Aust pears execu, WERT TOL eas orinasin of Scie) ee erat poco Ene giagioe 08 oF oe - 50 (cms oo 10 — a —= oz fs is sre One Goverment ges. rae ye a8) a Js ness Reiteae Taxus Naoto. (28 2) ee 5 recone Tum Some er aS PART Ts Creche Seach oO Fy Frarvers fan ae fa texeayrene ene retire a) uae 3 cra ac erate rare Tae Osos 6 Jb TecrasinfesenPeveisy Fiesta ansmnces ner Ly ren Taxcein. acne fe le e (Cowra Create oy TR pa Js sina Tox Raa Guten tend) 58 —e a sree Taxon a oe oe 6 8 oT 10 Ti Tr Re asiractcr (Sumatera eas f ta TART Rconsiaion oh ocone pe Baia TT a ar ea eee aes Tinea ae Html er oie Tras —s ef ———— | a —ar 3 | oa ar = —8 5 To sumatae = a8 6 = = ——— eee ea ls = 8 ls =ev1012020 ‘Yahoo Mail- Tax Return Receipt Confimtion Tax Return Receipt Confirmation From: ebicforms-noreply@bir.gov.ph (ebirforms-noreply@bir.gov.ph) To: alan_dacilo@yahoo.com Date: Tuesday, 9 June 2020, 10:56 pm GMT+8 This confirms receipt of your submission with the following details subject to validation by BIR: File name: 243602087000-1701v2018-122012 xml Date recewved by BIR: 9 June 2020 ‘Time received by BIR: 03:43 PM Penalties may be imposed for any violation of the provisions of the NIRC and issuances thereot. FOR RETURNS WITH PAYMENT Please print this e-mail together with the RETURN and proceed to pay through the Authorized Agent Bank / Collection Agent / GCASH or use other payment options. This is @ system-generated email, Please do not reply. Bureau of Internal Revenue DISCLAIMER ‘This email and its attachments may be confidential and are intended solely for the use of the individual or entity to whom itis addressed. Lryou are not the intended recipient ofthis email and its attachments, you must take no action based upon them, nor must you disseminate, distribute or ‘copy this e-mail, Please contact the sender immediately if you believe you have received this email in error. E-mail transmission cannot be guaranteed to be secure or error-free. The recipient should check this email and any attachments for the presence of viruses. The Bureau of intemal Revenue does not accept lability for any errors or omissions in the contents of this message which arise as a result of e-mail transmission. wnSTATEMENT OF MANAGEMENT'S RESPONSIBILITY FOR ANNUAL INCOME TAX RETURN The management of ARC LANTING MANPOWER SERVICES AGENCY (the Company) is responsible for all information and representations contained in the Annual Income Tax Return for the year ended December 31, 2019. Management is likewise responsible for all information and representations contained in the financial statements accompanying the Annual Income Tax return covering the same reporting period. Furthermore, the Management is responsible for all information and representations contained in all the other tax returns filed for the reporting period, including, but not limited, to the value added tax and/or percentage tax returns, withholding tax returns, documentary stamp tax retums, and any and all other tax returns. In this regard, the Management affirms thatthe attached audited financial statements for the year ended December 31, 2019 and the accompanying Annual Income Tax Return are in accordance with the Books and records of the Company, complete and correct in all material respects. Management likewise affirms that 4. The Annual Income Tax Return has been prepared in accordance with the provision of the National Intemal Revenue Code, as amended and pertinent tax regulations and other issuances of the Department of Finance and the BIR. . Any disparity of figures in the submitted reports arising from the preparation of financial statements Pursuant to financial accounting standards and the preparation of the income tax retum pursuant to tax. accounting rules has been reported as reconciling items and maintained in the company’s books and records in accordance with the requirements of Revenue Regulation No. 8-2007 and other relevant . The Company has filed all applicable tax returns, reports and statements required to be filed under Philippine Tax laws for the reporting period, and all taxes and other impositions shown thereon to be due and payable have been paid for the reporting period, except those contested in good faith. Signed by the following: Signature Name of Individual Taxpayer ANTHONY RICHARD C. LANTINGREPORT OF INDEPENDENT AUDITOR, ANTHONY RICHARD C, LANTING Proprietor ARC LANTING MANPOWER SERVICES AGENCY 5263 Diesel Street, Palanan Makati City Statements Opinion | have audited the financial statements of ARC LANTING MANPOWER SERVICES AGENCY which comprise the statements of financial position as at December 31, 2019 and 2018, and the statements of comprehensive income, statements of changes in equity and statements of cash flows for the years then ended, and notes to the financial statements, including a summary of significant accounting policies. In my opinion, the accompanying financial statements present fairly, in all material respects, the financial position of ARC LANTING MANPOWER SERVICES AGENCY as at December 31, 2019, and of its financial performance and its cash flows for the years then ended in accordance with Philippine Financial Reporting Standards for Small Entities (PFRS for SES). Basis f T conducted my audit in accordance with Philippine Standards on Auditing (PSAs). My responsibilities under those standards are further deseribed in the Auditor’s Responsibilities for the Audit of the Financial. Statements section of my report | am independent of the Corporation in accordance with the Code of Ethies for Professional Accountants in the Philippines, and I have fulfilled my other ethical responsibilities in accordance with these requirements. I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for ‘my opinion, Management is responsible for the preparation and fair presentation of the financial statements in accordance with PFRS for SEs, and for such intemal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is responsible for assessing the Corporation's ability to continue as a going concem, disclosing, as applicable, matters related to going concem and using the going concer basis of accounting unless management either intends to liquidate the Corporation or to cease operations, ‘or has no realistie alternative but to do so. Those charged with governance are responsible for overseeing the Corporation’s financial reporting process, Auditor's Responsibilities for the Audit of the Financial Statements My objectives are to obtain reasonable assurance about whether the financtal statements as a whole are free from ‘material misstatement, whether duc to fraud or error, and to issue an auditor's report that includes my opinion Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance ‘with PSAs will always detect 2 material misstatement when it exists, Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statementsPage 2- ‘As part of an audit in accordance with PSAs, I exercise professional judgment and maintain professions] skepticism throughout the aut I also + Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or ertor, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for my opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentaions, or the override of intemal contol. + Obtain an understanding of intemal control relevant to the audit in order t0 design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an ‘pinion on the effectiveness ofthe Corporation's intemal contro. ‘+ Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management, + Conclude on the eppropristeness of management's use of the going concer basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exist related 10 events fr conditions that may cast significant doubt on the Corporation's ability 1 continue as @ going. concern. If | conclude that a material uncertainty exists, | am required to draw attention in my auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify my opinion, My conclusions are based on the audit evidence obtained up to the date of my auditor's report. However, future events or conditions may cause the Corporation to cease to continue as a going concer. [communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that I identify during my aut ‘Report on the Supplementary Information Required venue Regulations 15.2010 ‘My suaits were conducted for the purpose of forming an opinion on the basic financial statements taken as a ‘whole, The supplementary information on taxes, duties and license fees in Note 17 tothe financial statements is presented for purposes of filing with the Bureau of Intemal Revenue and is not a required part of the basic financial statements. Such information is the responsibility of management. The information has been subjected to the auditing procedures applied in my audit of the basic financial statements. In my opinion, the information is fairly stated in all material respects in relation tothe basic financial statements taken as whole. “AN C. DACILLO (CPA Centficate No. 91473, until June 7, 2021 PTR No, 9123643, 01/02/2020, City of Manila TIN - 178-027-184-000 BIR Accreditation No, 06-004688-001-2018, valid until April 4, 2021 BOA Accreditation No. 3122 valid until June 7, 2020 g June 8, 2020 ‘ 5 Manila, Philippines: ‘ Y E-mail alan daciloyahoa com Tel. No, 0906-0586089REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT ‘TO ACCOMPANY PHILIPPINE INCOME TAX RETURN Proprietor ARC LANTING MANPOWER SERVICES AGENCY 5263 Diesel Street, Palanan Makati City I have examined the financial statement of ARC LANTING MANPOWER SERVICES AGENCY for the year ended December 31, 2019, on which I have rendered the attached report dated June 5, 2020. In compliance with Revenue Regulations V-20, [ am stating the following: 1, The taxes paid or payable by the above company during the years are shown in the Schedule of ‘Taxes and Licenses attached to the Income Tax Retums; 1 don’t have any direct financial interest with the Company. PA Certificate No, 91473, until June 7, 2021 PTR No, 9123643, 01/02/2020, City of Manila TIN - 178-027-184-000 BIR Accreditation No. 06-004688-001-2018, valid u BOA Accreditation No. 3122, valid until June 7, 2020 April 4, 2021 June 8, 2020 a Manila, Philippines E-mail: alan_dacilo@yahoo.com a Nb0906-0586089Anthony Richard C. Lanting - Proprietor STATEMENT OF FINANCIAL POSITION As of December 31, 2019 and 2018 ARC LANTING MANPOWER SERVICES AGENCY 2018 ASSETS CURRENT ASSETS: Cash and equivalents 206,277 Trade and other receivables 160,328 Supplies 156,415 Total Current Assets 523,024 NON-CURRENT ASSETS Property, plant and equipment 404,670 Total Non-current Assets 404,670 TOTAL ASSETS 927,691 LIABILITIES AND EQUITY LIABILITIES Trade and other payables 51,543 Income tax payable Total current liabiities 55,803 CAPITAL RA. Lanting, Capital 600,588, ‘Add: Net Income 274,300 Total 871,888 Less: Drawing Total Equity TOTAL LIABILITIES AND EQUITY See accompanying notes to financial statements 927,691 2018 121,963, 150,313 227,093 499,369 104,670 404,670 604,039 433,333, 267,255 700,588 (100,000) 600.588 604,039ARC LANTING MANPOWER SERVICES AGENCY Anthony Richard C. Lanting - Proprietor ‘STATEMENTS OF INCOME For the period ended December 31, 2019 and 2018 2018 REVENUES 41703,827 COST OF SERVICES 4.145.665 GROSS PROFIT 556,162 OPERATING EXPENSES 236,862 NET INCOME 271300 ‘See accompanying notes to nancial statements 2018 1,599,563 4,228,171 370,392 103,137 267,255ARC LANTING MANPOWER SERVICES AGENCY Anthony Richard C. Lanting - Proprietor ‘STATEMENT OF CASH FLOWS For the period ended December 31, 2019 and 2018 CASH FLOWS FROM OPERATING ACTIVITIES Income tax Adjustments for: Depreciation and amortization Operating income before working capital changes (Increase)Decrease in Current Assets Trade and other receivable Supplies Increase/(Decrease) in Current Liabilities Trade and other payables Income tax payable Cash generated from operations Interest recelved Cash paid for income taxes Net Cash From Operating Activities CASH FLOWS FROM INVESTING ACTIVITIES Acquisition of property, plant and equipment Net Cash from Investing Activities CASH FLOWS FROM FINANCING ACTIVITIES Personal drawings Net Cash from Financing Activities NET INCREASE (DECREASE) IN CASH CASH AT BEGINNING OF YEAR CASH AT END OF YEAR ‘See accompanying notes fo financial statements 2018 —ae 271,300 267.285 5090 ____ 50,000. 324,200 317.255 (10.016) (150313) 70878 (9.064) 51,543 2 os ast waste 761.309 quate ~~ 308 950,000 2 950,000) E 100.000 100.00 eat 61.300 121,969 206,277 121,963,ARC LANTING MANPOWER SERVICES AGENCY NOTES TO FINANCIAL STATEMENTS: For the period ended December 31, 2019 and 2018 4. Corporate Information and Authorization for Issuance of Financial Statements ‘Corporate Information ARG LANTING MANPOWER SERVICES AGENCY (the “Company’) isa single proprietorship duly registered with the Department of Trade and Industry. The Company is primarily engaged in the business of security, investigation and other and other allied activites, ‘The Company's principal and business address is located at 5283 Diesel Street, Palanan, Makati ity Author 02 of Financial The accompanying financial statements were authorized for issue by the proprietor on June 6, 2020 2, Summary of Significant Accounting Polis ‘Basis of Preparation ‘The Company's financial statements have been prepared on a historical cost basis. They are presented in Philippine Peso, the functional currency ofthe Company. Amounts are rounded of to the nesrest peso unit, except when otherwise indicated Statement ance ‘The Company's financial statements have been prepared in accordance with the Philippine Financial Reporting Standards for Small and Medium-sized Entities (PFRS for SMES). ‘Summary of Significant Accounting Policies (a) Cash and Cash Equivalents Cash is carried in the balance sheets at face value. For purpose of statements of cash flows, cash represents cash on hand and cash deposits held at call with Bank (b) Receivables Recaivables are stated at cost less an allowance for uncollectible accounts. An estimate for doubtful accounts is made when the Collection ofthe full amount is no longer probable, Proporty and Equipment Property and equipment are stated at cost less accumulated depreciation and amortization and any impairment in vale, Depreciation is computed on the straightine basis over the estimated useful lives ofthe assets as follows: Estimated useful Tupe of Assets lives in years Furniture, fixture & office equioments SiO years, Transportation equipments 5.10 years, Firearms and other security equipments 5410 years, l [At each balance sheet date, the company reviews the carrying amounts of its tangible assets to determine whether there is any incication that those assets have suffered an impairment loss. If any such indication exist, the recoverable amount of the asset is estimated in order to determine the extent ofthe impairment loss (if any). When it is not possible 1 estimate the recoverable amount ‘of an individual asset, the company estimates the recoverable amount ofthe cash-generating unit to which the asset belongs. iment of Accounts Pa tL Be ‘Accounts payable and other current liblities are stated at their face amounts,Cash and Cash Equivalents Cash in bank Cash on hand ‘Accounts and Other Recsivablo Trade receivable Other receivables Property and equipment Furniture and fixtures Office equipments Firearms and other security equipments Total Less: Accumulated depreciation Carrying value Service income Total revenue Cost of Services Direct labor Overhead Operating Expenses Communication ight and water Depreciation Fuel and ol Rental Miscellaneous expense Office and supplies Representation & entertainment ‘Taxes and licenses ‘Transportation and travel 2019 196,27 110,000 205,277 2018 11696 5,000 T2i.963 2019 107,685 52,694 160,329 2018 95,619 55,694 750,313 2019 1,703,827 3,703,827 2019 991,455 454,210 7,145,665 2018 125,000 100,000 875,000 7,100,000 395,330 104,670 2018 1,599,563, 1,509,563, 2018 333,868 395,302 T229,171 2019 25597 50,000 41,351 60,000 32,730 22,037 3,541 35,420 16,186 2018 878 0,000 8351 1,730 5,037 1,308, 25,357 2,616