Mindanao State University

ILIGAN INSTITUTE OF TECHNOLOGY

Iligan City

CONDENSED STATEMENT OF FINANCIAL POSITION

As of December 31, 2014
Fund 101

Particulars UACS Code 2014 2013

ASSETS

Current Assets: Note 1

Cash and Cash Equivalents 10100000 00
Investments 10200000 00
Receivables 10300000 00
Inventories 10400000 00
Other Assets 19900000 00
Total Current Assets - -

Non-Current Assets: Note 2

Investment Property
Property, Plant and Equipment
Intangible Assets
Total Non-Current Assets - -

Total Assets - -

LIABILITIES AND NET ASSETS/EQUITY

LIABILITIES Note 3
Financial Liabilities 10500000 00
Inter-agency Payables
Intra-agency Payables
Trust Liabilities
Deferred Credits/Unearned Income
Other Payables
Total Liabilities - -

NET ASSETS/EQUITY Note 4

 Accumulated Surplus/(Deficit)
Revaluation Surplus
Intermediate Accounts
Total Net Assets/Equity - -

Total Liabilities and Net Assets/Equity - -

Certified correct:

KRISTELA DIANA MAY R. DELA RAMA, CPA

Acting Head, Accounting Division
Mindanao State University
ILIGAN INSTITUTE OF TECHNOLOGY
Iligan City

NOTES TO FINANCIAL STATEMENTS

As of December 31, 2014
Fund 101

Particulars UACS 2014 2013

Note 1 : Current Assets

Cash and Cash Equivalents 10100000 00
Cash on Hand 10101000 00
Cash in Bank - Local Currency 10102000 00
Treasury/Agency Cash Accounts 10104000 00
Investments 10200000 00
Financial Assets - Others 10203000 00
Receivables 10300000 00
Loans and Receivable Accounts 10301000 00
Lease Receivable 10302000 00
Inter-Agency Receivables 10303000 00
Other Receivables 10305000 00
Inventories 10400000 00
Inventory Held for sale 10401000 00
Inventory Held for Manufacturing 10403000 00
Inventory Held for Consumption 10404000 00
Other Assets 19900000 00
Advances 19901000 00
Prepayments 19902000 00
Deposits 19903000 00
Other Assets 19999000 00
TOTAL CURRENT ASSETS

Note 2 : Non-current Assets

Investment Property 10500000 00
Land and Buildings 10501000 00
Property, Plant and Equipment 10600000 00
Land 10601000 00
Land Improvements 10602000 00
Infrastructure Assets 10603000 00
Buildings and Other Structures 10604000 00
Machinery and Equipment 10605000 00
Transportation Equipment 10606000 00
Furniture, Fixtures and Books 10607000 00
Construction in Progress 10610000 00
Other Property, Plant and Equipment 10699000 00