HORIZONTAL ANALYSIS OF BALAN

PHILIPPINE FISHERIES DEVELOPMENT AUTHORITY

CONDENSED STATEMENT OF FINANCIAL POSITION
As at December 31,2017

2017
ASSETS
Current Assets
Cash and Cash Equivalents 1,179,664,303.27
Receivables 196,053,257.08
Inventories 14,606,872.06
Other Current Assets 51,796,685.22
Total Current Assets 1,442,121,117.63
Non-Current Assets
Other Investments 355,979.00
Property,Plant and Equipment 1,957,194,067.45
Other Non-Current Assets 12,956,485.44
Total Non-Current Assets 1,970,506,531.89
TOTAL ASSETS 3,412,627,649.52

LIABILITIES AND EQUITY

LIABILITIES
Current Liabilities
Financial Liabilities 720,435,351.00
Inter-Agency Payables 1,134,157,296.90
Trust Liabilities 134,660,537.91
Deferred Credits/Unearned Income 42,705,465.49
Other Payables 12,115,477.06
TOTAL LIABILITIES 2,044,074,128.36

EQUITY
Government Equity 2,157,463,916.12
Retained Earnings (Deficit) -788,910,394.96
TOTAL EQUITY 1,368,553,521.16
TOTAL LIABILITIES AND EQUITY 3,412,627,649.52
S OF BALANCE SHEET
EVELOPMENT AUTHORITY
F FINANCIAL POSITION
er 31,2017
Increase or (Decrease)

2016 Amount Percent

1,257,128,630.58 -77,464,327.31 -6.16

194,536,409.54 1,516,847.54 0.78
14,713,436.24 -106,564.18 -0.72
78,129,678.26 -26,332,993.04 -33.70
1,544,508,154.62

355,979.00 0.00 0.00

932,438,662.51 ### 10.99
12,327,664.63 628,820.81 5.10
945,122,306.14
2,489,630,460.76 922,997,188.76 37.07

686,684,558.43 ### 20.49

1,568,754,620.27 ### 17.23
123,362,430.29 258,022,968.20 20.92
33,489,764.03 76,195,229.52 22.75
9,030,444.06 21,145,921.12 23.42
2,421,321,817.08 ### -15.58

741,095,603.47 ### 19.11

-672,786,959.79 ### 17.26
68,308,643.68 ### 19.03
2,489,630,460.76 922,997,188.76 37.07
 HORIZONTAL ANALYSIS OF COMPREHENS
PHILIPPINE FISHERIES DEVELOPMENT AUTHORITY
CONDENSED STATEMENT OF COMPREHENSIVE INCOME
For the Year Ended December 31,2017

NOTE 2017
INCOME
Service and Business Income 742,286,559.62
Gains and Donations -
Gains 240,620.26
Other Non-Operating Income 336,022.14
TOTAL INCOME 1 742,863,202.02

EXPENSES
Personnel Services 277,579,470.97
Maintenance and Other Operating Expenses 277,485,394.19
Financial Expenses 11,039,283.11
Non-Cash Expenses 48,711,755.40
TOTAL EXPENSES 614,815,903.67

PROFIT(LOSS) BEFORE TAX 128,047,298.35

Income Tax Expense -27,894,113.46
PROFIT (LOSS)AFTER TAX 100,153,184.89
Net Assistance and Subsidy 11 85,595,514.54
COMPREHENSIVE INCOME 185,748,699.43
COMPREHENSIVE INCOME
ELOPMENT AUTHORITY
MPREHENSIVE INCOME
cember 31,2017
Increase or (Decrease)
During 2017
2016 Amount Perccent

727,696,498.40 ### 2.00

-
623,834.00 -383,213.74 - 61.43
323,848.53 12,173.61 3.76
728,644,180.93 ### 1.95

280,236,371.41 -2,656,900.44 - 0.95

256,574,390.67 20,911,003.52 8.15
7,622,092.09 3,417,191.02 44.83
26,389,597.84 22,322,157.56 84.59
570,822,452.01 43,993,451.66 7.71

157,821,728.92 ### - 18.87

-24,692,532.71 -3,201,580.75 12.97
133,129,196.21 ### - 24.77
160,044,767.61 -74,449,253.07 - 46.52
293,173,963.82 ### - 36.64
VERTICAL ANALYSIS OF BALANCE
PHILIPPINE FISHERIES DEVELOPMENT AUTHORITY
CONDENSED STATEMENT OF FINANCIAL POSITION
As at December 31,2017

2017
Amount
ASSETS
Current Assets
Cash and Cash Equivalents ###
Receivables 196,053,257.08
Inventories 14,606,872.06
Other Current Assets 51,796,685.22
Total Current Assets ###
Non-Current Assets
Other Investments 355,979.00
Property,Plant and Equipment ###
Other Non-Current Assets 12,956,485.44
Total Non-Current Assets ###
TOTAL ASSETS ###

LIABILITIES AND EQUITY

LIABILITIES
Current Liabilities
Financial Liabilities 720,435,351.00
Inter-Agency Payables ###
Trust Liabilities 134,660,537.91
Deferred Credits/Unearned Income 42,705,465.49
Other Payables 12,115,477.06
TOTAL LIABILITIES ###

EQUITY
Government Equity ###
Retained Earnings (Deficit) ###
TOTAL EQUITY ###
TOTAL LIABILITIES AND EQUITY ###
S OF BALANCE SHEET
ES DEVELOPMENT AUTHORITY
T OF FINANCIAL POSITION
cember 31,2017

2017 2016
Percent Amount Percent
ASSETS

34.57 ### 50.49

5.74 194,536,409.54 7.81
0.43 14,713,436.24 0.59
1.52 78,129,678.26 3.14
42.26 ### 62.04

0.01 355,979.00 0.01

57.35 932,438,662.51 37.45
0.38 12,327,664.63 0.50
57.74 945,122,306.14 37.96
100.00 ### 100.00

IES AND EQUITY

686,684,558.43 27.58
### 63.01
123,362,430.29 4.96
33,489,764.03 1.35
9,030,444.06 0.36
### 97.26

741,095,603.47 29.77
### -27.02
68,308,643.68 2.74
### 100.00
 VERTICAL ANALYSIS OF COMPREHENSIVE I

PHILIPPINE FISHERIES DEVELOPMENT AUTHORITY

CONDENSED STATEMENT OF COMPREHENSIVE INCOME
For the Year Ended December 31,2017

2017
Amount Percent
INCOME
Service and Business Income ### 99.92
Gains and Donations - -
Gains 240,620.26 0.03
Other Non-Operating Income 336,022.14 0.05
TOTAL INCOME ### 100.00

EXPENSES
Personnel Services 277,579,470.97 45.15
Maintenance and Other Operating Expe277,485,394.19 45.13
Financial Expenses 11,039,283.11 1.80
Non-Cash Expenses 48,711,755.40 7.92
TOTAL EXPENSES 614,815,903.67 100.00

PROFIT(LOSS) BEFORE TAX ### 127.85

Income Tax Expense -27,894,113.46 -27.85
PROFIT (LOSS)AFTER TAX ### 100.00
Net Assistance and Subsidy 85,595,514.54 46.08
COMPREHENSIVE INCOME ### 146.08
EHENSIVE INCOME

AUTHORITY
IVE INCOME
1,2017

2016
Amount Percent

### 99.87
- -
623,834.00 0.09
323,848.53 0.04
### 100.00

### 49.09
### 44.95
7,622,092.09 1.34
26,389,597.84 4.62
### 100.00

### 118.55
### -18.55
### 100.00
### 54.59
### 154.59