D’ ST.

PATRICK LENDING SERVICES CORPORATION

SUPPLEMENTARY SCHEDULES REQUIRED UNDER SRC RULE 68, AS AMENDED
For the year ended December 31, 2018

Philippine Financial Reporting Standards

PFRS Title Adopted/Not

Adopted/Not
Applicable

PFRS 1 First-time Adoption of Philippine Financial Reporting Standards

[superseded by PFRS 1 (Revised)] Adopted

Amendments to PFRS 1: Cost of an Investment in a Subsidiary,

Jointly Controlled Entity or Associate Not Applicable

PFRS 1 First-time Adoption of Philippine Financial Reporting Standards Adopted

(Revised)
Amendments to PFRS 1: Additional Exemptions for First-time
Adopters Adopted

Amendments to PFRS 1: Limited Exemption from Comparative

PFRS 7 Disclosures for First-time Adopters Adopted

Amendments to PFRS 1: Severe Hyperinflation and Removal of

Fixed Date for First-time Adopters Adopted

Amendments to PFRS 1: Government Loans Not Applicable

PFRS 2 Share-based Payment Not Applicable

Amendments to PFRS 2: Vesting Conditions and Cancellations Not Applicable

Amendments to PFRS 2: Group-Cash-settled Share-based

Payment Transactions Not Applicable

PFRS 3 Business Combinations [superseded by PFRS 3 (Revised)] Not Applicable

PFRS 3 Business Combinations Not Applicable

(Revised)

PFRS 4 Insurance Contracts Not Applicable

Amendments to PFRS 4: Financial Guarantee Contracts Not Applicable

PFRS 5 Non-current Assets Held for Sale and Discontinued Operations Not Applicable

PFRS 6 Exploration for and Evaluation of Mineral Resources Not Applicable

PFRS 7 Financial Instruments: Disclosures Adopted

Amendments to PFRS 7: Transition Adopted

1
 Amendments to PFRS 7: Reclassification of Financial Assets Adopted

Amendments to PFRS 7: Reclassification of Financial Assets –

Effective Date and Transition Adopted

Amendments to PFRS 7: Improving Disclosures about Financial

Instruments Adopted

Amendments to PFRS 7: Disclosures – Transfers of Financial

Assets Adopted

Amendments to PFRS 7: Disclosures – Offsetting Financial

Assets and Financial Liabilities Adopted

Amendments to PFRS 7: Mandatory Effective Date of PFRS 9

And Transition Disclosures Not Adopted

PFRS 8 Operating Segments Not Applicable

PFRS 9 Financial Instruments 01/01/15

Amendments to PFRS 9: Mandatory Effective Date of PFRS

9 And Transition Disclosures Not Adopted

PFRS 10 Consolidated Financial Statements Not Applicable

Amendments to PFRS 10: Transition Guidance Not Applicable

Amendments to PFRS 10: Investment Entities Not Applicable

PFRS 11 Joint Arrangements Not Applicable

Amendments to PFRS 11: Transition Guidance Not Applicable

PFRS 12 Disclosure of Interests in Other Entities Not Applicable

Amendments to PFRS 12: Transition Guidance Not Applicable

Amendments to PFRS 12: Investment Entities Not Applicable

PFRS 13 Fair Value Measurement Not Adopted

Philippine Accounting Standards (PASs)

PAS Title Adopted/Not

Adopted/Not
Applicable
PAS 1 Presentation of Financial Statements [superseded by PAS 1
(Revised)] Adopted

2
 Amendments to PAS 1: Capital Disclosures Adopted

PAS 1 Presentation of Financial Statements Adopted

(Revised)
Amendments to PAS 1: Puttable Financial Instruments and
Obligations Arising on Liquidation Not Applicable

Amendments to PAS 1: Presentation of Items of Other

Comprehensive Income Adopted

PAS 2 Inventories Adopted

PAS 7 Cash Flow Statements Adopted

PAS 8 Accounting Policies, Changes in Accounting Estimates

and Errors Adopted

PAS 10 Events after the Balance Sheet Date2 Adopted

PAS 11 Construction Contracts Not Applicable

PAS 12 Income Taxes Adopted

Amendments to PAS 12 – Deferred Tax: Recovery of

Underlying Assets Not Applicable

PAS 14 Segment Reporting [superseded by PFRS 8] Not Applicable

PAS 16 Property, Plant and Equipment Adopted

PAS 17 Leases Adopted

PAS 18 Revenue Adopted

PAS 19 Employee Benefits Adopted

Amendments to Pas 19: Actuarial Gains and Losses, Group

Plans And Disclosures Not Applicable

PAS 19 Employee Benefits Not Adopted

(Amended)

PAS 20 Accounting for Government Grants and Disclosure of

Government Assistance Not Applicable

PAS 21 The Effects of Changes in Foreign Exchange Rates Not Applicable

Amendment: Net Investment in a Foreign Operation Not Applicable

PAS 23 Borrowing Costs [superseded by PAS 23 (Revised)] Adopted

PAS 23 Borrowing Costs Adopted

3
(Revised)

PAS 24 Related Party Disclosures [superseded by PAS 24 (Revised)] Adopted

PAS 24 Related Party Disclosures Adopted

(Revised)

PAS 26 Accounting and Reporting by Retirement Benefit Plans Not Applicable

PAS 27 Consolidated and Separate Financial Statements [superseded

by PAS 27 (revised)] Not Applicable

PAS 27 Consolidated and Separate Financial Statements Not Applicable

(Revised)

Amendments to PAS 27: Cost of an Investment in a Subsidiary,

Jointly Controlled Entity or Associate Not Applicable

PAS 27 Separate Financial Statements Not Applicable

(Amended)

Amendments to PAS 27 (Amended): Investment Entities Not Applicable

PAS 28 Investments in Associates Not Applicable

PAS 28 Investments in Associates and Joint Ventures Not Applicable

(Amended)

PAS 29 Financial Reporting in Hyperinflationary Economies Not Applicable

PAS 30 Disclosures in the Financial Statements of Banks and Similar

Financial Institutions [superseded by PFRS 7] Not Applicable
PAS 31 Interests in Joint Ventures Not Applicable

PAS 32 Financial Instruments: Disclosure and Presentation Adopted

Financial Instruments: Presentation Adopted

Amendments to PAS 32 and PAS 1: Puttable Financial

Instruments And Obligations Arising on Liquidation Not Applicable

Amendments to PAS 32: Classification of Rights Issues Not Adopted

Amendments to PAS 32: Offsetting Financial Assets and

Financial Liabilities Not Adopted

PAS 33 Earnings per Share Not Applicable

PAS 34 Interim Financial Reporting Adopted

PAS 36 Impairment of Assets Adopted

4
PAS 37 Provisions, Contingent Liabilities and Contingent Assets Adopted

PAS 38 Intangible Assets Not Applicable

PAS 39 Financial Instruments: Recognition and Measurement Adopted

Amendments to PAS 39: Transition and Initial Recognition of

Financial Assets and Financial Liabilities Adopted

Amendments to PAS 39: Cash Flow Hedge Accounting of

Forecast Intragroup Transactions Not Applicable

Amendments to PAS 39: The Fair Value Option Adopted

Amendments to PAS 39 and PFRS 4: Financial Guarantee

Contracts Not Applicable

Amendments to PAS 39: Reclassification of Financial Assets Adopted

Amendments to PAS 39 and PFRS 7: Reclassification of

Financial Assets – Effective Date and Transition Adopted

Amendments to PAS 39: Embedded Derivatives Not Applicable

Amendments to PAS 39: Eligible Hedged Items Not Applicable

PAS 40 Investment Property Not Applicable

PAS 41 Agriculture Not Applicable

PAS 101 Financial Reporting Standards for Non-publicly Accountable

Entities [superseded by PFRS for SMEs] Not Applicable

Amendment to PAS 101: Change in Effective Date Adopted

FAIR VALUE MEASUREMENT

FAIR VALUE OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES

Under PAS 32 Paragraph 86, an entity shall present fair values in aggregate amount of each class of
financial instrument in a way that the readers of financial statements can compare their corresponding
values vis a vis the other instruments.

Below are the comparisons of fair values of the financial instruments of the corporation:

FINANCIAL INSTRUMENTS AS OF DECEMBER 31, 2018

CASH AND CASH 767,064.65

EQUIVALENTS

Carrying Values 767,064.65

Fair Values 767,064.65

5
LOANS AND RECEIVABLES 273,020.00

Carrying Values 273,020.00

Fair Values 273,020.00

2018

Carrying Values 273,020.00

Fair Values 273,020.00

Since the fair values of financial liabilities are not readily measurable due to lack of available and/or
published quotations, the fair values of the financial assets and financial liabilities are simply measured
trough the yearly provisions of credit losses and periodic impairment testing.

The corporation does not have instruments carried at fair value through profit or loss on 2017.
. The methods and assumptions used by the Company in estimating the fair value of financial instruments
follow:

METHODS AND ASSUMPTION

Cash Carrying amounts appropriate fair values due to relatively short-

term maturities of these financial assets.

Loans and Receivables Carrying amounts approximate fair values as there is no change in
the market interest rates from grant date.

Loan Payables (if any) Carrying amounts approximate fair values as there is no change in
the market interest rates from grant date

Other Current Liabilities The carrying amounts of accrued expenses accounts and other
payables and notes payable approximate fair values due to their
short-term maturities.

As of December 31, 2018, the carrying amounts of all financial assets and liabilities are equal to their fair
values.