NAME: Mondelez.

Philippines, Inc LOCATION: Metro Manila, PhilippiRelationship Manager:

Auditor: Isla Lipana & Co. AMOUNTS IN: Php 00 DATE: 06-Jun-20
Audited or Direct (Specify) Audited Audited Audited Audited Projection Projection
Unqualified or Qualified (Specify) Unqualified Unqualifed Unqualified Unqualified
DATE (Month,Day,Year) Php 39,447.00 Php 39,813.00 Php 42,369.00 Dec-31-14 Dec-31-13 Dec-31-13
DESCRIPTION AMOUNT AMOUNT AMOUNT AMOUNT AMOUNT AMOUNT %

REASONS FOR QUALIFICATION (IF ANY)

BALANCE SHEET

01 Column1 2015 2014 2013 2016 2017 2018

02 Cash and cash equivalents Php 2,814,240,569.00 Php 1,804,639,551.00 Php 1,006,094,930.00 2,870,525,380 2,927,935,888 2,986,494,606
0 0 0
04 S Trade and other receivables, net Php 365,258,481.00 Php 629,958,516.00 Php 838,279,521.00 372,563,651 380,014,924 387,615,222
05 S Inventories, net Php 1,010,462,066.00 Php 1,456,501,120.00 Php 1,415,273,806.00 1,030,671,307 1,051,284,733 1,072,310,428
0 0 0
07 T Due from related parties Php 181,750,519.00 Php 269,284,500.00 Php 109,401,790.00 185,385,529 189,093,240 192,875,105
08 S Prepayments and other current assets Php 260,179,902.00 Php 210,869,705.00 Php 599,735,657.00 265,383,500 270,691,170 276,104,993
09 TOTAL CURRENT ASSETS Php 4,631,891,537.00 Php 4,371,253,392.00 Php 3,968,785,704.00 4,724,529,368 4,819,019,955 4,915,400,354
10 A Property and equipment, net Php 1,613,032,743.00 Php 1,696,569,144.00 Php 1,644,409,396.00 1,645,293,398 1,678,199,266 1,711,763,251
0 0 0
0 0 0
13 E Retirement benefit asset Php 538,298,900.00 Php 626,086,900.00 Php 263,216,900.00 549,064,878 560,046,176 571,247,099
0 0 0
15 S Other non-curren tassets Php 105,457,279.00 Php 116,738,058.00 Php 140,398,113.00 107,566,425 109,717,753 111,912,108
16 TOTAL NON-CURRENT ASSETS Php 2,256,788,922.00 Php 2,439,394,102.00 Php 2,048,024,409.00 2,301,924,700 2,347,963,194 2,394,922,458
17 TOTAL ASSETS Php 6,888,680,459.00 Php 6,810,647,494.00 Php 6,016,810,113.00 7,026,454,068 7,166,983,150 7,310,322,813
0 0 0
19 L Trade and other payables Php 3,104,719,207.00 Php 2,740,321,425.00 Php 3,721,823,141.00 3,166,813,591 3,230,149,863 3,294,752,860
20 I Due to related parties Php 1,115,226,058.00 Php 1,014,586,644.00 Php 662,402,180.00 1,137,530,579 1,160,281,191 1,183,486,815
0 0 0
0 0 0
0 0 0
24 L Obligations under finance lease Php 16,143,374.00 Php 18,259,010.00 Php 15,213,761.00 16,466,241 16,795,566 17,131,478
0 0 0
26 T TOTAL CURRENT LIABILITIES Php 4,236,088,639.00 Php 3,773,167,079.00 Php 4,399,439,082.00 4,320,810,412 4,407,226,620 4,495,371,152
27 I Obligations under finance lease Php 38,673,829.00 Php 43,281,891.00 Php 26,134,604.00 39,447,306 40,236,252 41,040,977
0 0 0
0 0 0
30 Deferred income tax liabilities, net Php 89,016,911.00 Php 151,205,961.00 Php 17,391,309.00 90,797,249 92,613,194 94,465,458
0 0 0
0 0 0
33 TOTAL NON-CURRENT LIABILITIES Php 127,690,740.00 Php 194,487,852.00 Php 43,525,913.00 130,244,555 132,849,446 135,506,435
35 TOTAL LIABILITIES Php 4,363,779,379.00 Php 3,967,654,931.00 Php 4,442,964,995.00 4,451,054,967 4,540,076,066 4,630,877,587
36 N Share capital Php 87,381,300.00 Php 87,381,300.00 Php 87,381,300.00 89,128,926 90,911,505 92,729,735
37 E Share premium Php 10,260,333.00 Php 10,260,333.00 Php 10,260,333.00 10,465,540 10,674,850 10,888,347
38 T Other reserves Php 28,999,819.00 Php 62,049,759.00 Php (196,179,191.00) 29,579,815 30,171,412 30,774,840
0 0 0
40 O Retained earnings Php 2,398,259,628.00 Php 2,683,301,171.00 Php 1,672,382,676.00 2,446,224,821 2,495,149,317 2,545,052,303
0 0 0
42 T TOTAL NET WORTH Php 2,524,901,080.00 Php 2,842,992,563.00 Php 1,573,845,118.00 2,575,399,102 2,626,907,084 2,679,445,225
H TOTAL LIABILITIES & NW. Php 6,888,680,459.00 Php 6,810,647,494.00 Php 6,016,810,113.00 7,026,454,068 7,166,983,150 7,310,322,813
NAME: Mondelez. Philippines, Inc LOCATION: Metro Manila, Philippines Relationship Manager:
Auditor: Isla Lipana & Co. AMOUNTS IN: Php 00 DATE: 06-Jun-20
Audited or Direct (Specify) Audited Audited Audited Audited Projection Projection
Unqualified or Qualified (Specify) Unqualified Unqualifed Unqualified Unqualified
DATE (Month,Day,Year) Php 39,447.00 Php 39,813.00 Php 42,369.00 Dec-31-14 Dec-31-13 Dec-31-13
DESCRIPTION AMOUNT % AMOUNT % AMOUNT % AMOUNT % AMOUNT % AMOUNT %

REASONS FOR QUALIFICATION (IF ANY)

BALANCE SHEET

01 Column1 Column2 2015 2014 2013

02 Cash and cash equivalents Php 2,814,240,569.00 41% Php 1,804,639,551.00 26% Php 1,006,094,930.00 17%
03 A 0% 0% 0%
04 S Trade and other receivables, net Php 365,258,481.00 5% Php 629,958,516.00 9% Php 838,279,521.00 14%
05 S Inventories, net Php 1,010,462,066.00 15% Php 1,456,501,120.00 21% Php 1,415,273,806.00 24%
06 E
07 T Due from related parties Php 181,750,519.00 3% Php 269,284,500.00 4% Php 109,401,790.00 2%
08 S Prepayments and other current assets Php 260,179,902.00 4% Php 210,869,705.00 3% Php 599,735,657.00 10%
09 TOTAL CURRENT ASSETS Php 4,631,891,537.00 67% Php 4,371,253,392.00 64% Php 3,968,785,704.00 66%
10 A Property and equipment, net Php 1,613,032,743.00 23% Php 1,696,569,144.00 25% Php 1,644,409,396.00 27%
11 S
12 S 0% 0% 0%
13 E Retirement benefit asset Php 538,298,900.00 8% Php 626,086,900.00 9% Php 263,216,900.00 4%
14 T 0% 0% 0%
15 S Other non-curren tassets Php 105,457,279.00 2% Php 116,738,058.00 2% Php 140,398,113.00 2%
16 TOTAL NON-CURRENT ASSETS Php 2,256,788,922.00 33% Php 2,439,394,102.00 36% Php 2,048,024,409.00 34%
17 TOTAL ASSETS Php 6,888,680,459.00 100% Php 6,810,647,494.00 100% Php 6,016,810,113.00 100%
18 Php - 0% 0% 0%
19 L Trade and other payables Php 3,104,719,207.00 45% Php 2,740,321,425.00 40% Php 3,721,823,141.00 62%
20 I Due to related parties Php 1,115,226,058.00 16% Php 1,014,586,644.00 15% Php 662,402,180.00 11%
21 A 0% 0% 0%
22 B
23 I
24 L Obligations under finance lease Php 16,143,374.00 0% Php 18,259,010.00 0% Php 15,213,761.00 0%
25 I 0% 0% 0%
26 T TOTAL CURRENT LIABILITIES Php 4,236,088,639.00 61% Php 3,773,167,079.00 55% Php 4,399,439,082.00 73%
27 I Obligations under finance lease Php 38,673,829.00 1% Php 43,281,891.00 1% Php 26,134,604.00 0%
28 E 0% 0% 0%
29 S 0% 0% 0%
30 Deferred income tax liabilities, net Php 89,016,911.00 1% Php 151,205,961.00 2% Php 17,391,309.00 0%
31 0% 0% 0%
32 0% 0% 0%
33 TOTAL NON-CURRENT LIABILITIES Php 127,690,740.00 2% Php 194,487,852.00 3% Php 43,525,913.00 1%
35 TOTAL LIABILITIES Php 4,363,779,379.00 63% Php 3,967,654,931.00 58% Php 4,442,964,995.00 74%
36 N Share capital Php 87,381,300.00 1% Php 87,381,300.00 1% Php 87,381,300.00 1%
37 E Share premium Php 10,260,333.00 0% Php 10,260,333.00 0% Php 10,260,333.00 0%
38 T Other reserves Php 28,999,819.00 0% Php 62,049,759.00 1% Php (196,179,191.00) -3%
39 W LEGAL RESERVES 0% 0% 0%
40 O Retained earnings Php 2,398,259,628.00 35% Php 2,683,301,171.00 39% Php 1,672,382,676.00 28%
41 R
42 T TOTAL NET WORTH Php 2,524,901,080.00 37% Php 2,842,992,563.00 42% Php 1,573,845,118.00 26%
H TOTAL LIABILITIES & NW. Php 6,888,680,459.00 100% Php 6,810,647,494.00 100% Php 6,016,810,113.00 100%
NAME: Mondelez. Philippines, Inc LOCATION: Metro Manila, Philippines Relationship Manager:
Auditor: Isla Lipana & Co. AMOUNTS IN: Php 00 DATE: 06-Jun-20
Audited or Direct (Specify) Audited Audited Audited Audited Projection Projection
Unqualified or Qualified (Specify) Unqualified Unqualifed Unqualified Unqualified
DATE (Month,Day,Year) Php 39,447.00 Php 39,813.00 Php 42,369.00 Dec-31-14 Dec-31-13 Dec-31-13
DESCRIPTION AMOUNT % AMOUNT % AMOUNT % AMOUNT % AMOUNT % AMOUNT %

REASONS FOR QUALIFICATION (IF ANY)

BALANCE SHEET

01 Column1 Column2 2015 2014 2013

02 Cash and cash equivalents Php 2,814,240,569.00 41% Php 1,804,639,551.00 26% Php 1,006,094,930.00 17%
03 A 0% 0% 0%
04 S Trade and other receivables, net Php 365,258,481.00 5% Php 629,958,516.00 9% Php 838,279,521.00 14%
05 S Inventories, net Php 1,010,462,066.00 15% Php 1,456,501,120.00 21% Php 1,415,273,806.00 24%
06 E
07 T Due from related parties Php 181,750,519.00 3% Php 269,284,500.00 4% Php 109,401,790.00 2%
08 S Prepayments and other current assets Php 260,179,902.00 4% Php 210,869,705.00 3% Php 599,735,657.00 10%
09 TOTAL CURRENT ASSETS Php 4,631,891,537.00 67% Php 4,371,253,392.00 64% Php 3,968,785,704.00 66%
10 A Property and equipment, net Php 1,613,032,743.00 23% Php 1,696,569,144.00 25% Php 1,644,409,396.00 27%
11 S
12 S 0% 0% 0%
13 E Retirement benefit asset Php 538,298,900.00 8% Php 626,086,900.00 9% Php 263,216,900.00 4%
14 T 0% 0% 0%
15 S Other non-curren tassets Php 105,457,279.00 2% Php 116,738,058.00 2% Php 140,398,113.00 2%
16 TOTAL NON-CURRENT ASSETS Php 2,256,788,922.00 33% Php 2,439,394,102.00 36% Php 2,048,024,409.00 34%
17 TOTAL ASSETS Php 6,888,680,459.00 100% Php 6,810,647,494.00 100% Php 6,016,810,113.00 100%
18 Php - 0% 0% 0%
19 L Trade and other payables Php 3,104,719,207.00 45% Php 2,740,321,425.00 40% Php 3,721,823,141.00 62%
20 I Due to related parties Php 1,115,226,058.00 16% Php 1,014,586,644.00 15% Php 662,402,180.00 11%
21 A 0% 0% 0%
22 B
23 I
24 L Obligations under finance lease Php 16,143,374.00 0% Php 18,259,010.00 0% Php 15,213,761.00 0%
25 I 0% 0% 0%
26 T TOTAL CURRENT LIABILITIES Php 4,236,088,639.00 61% Php 3,773,167,079.00 55% Php 4,399,439,082.00 73%
27 I Obligations under finance lease Php 38,673,829.00 1% Php 43,281,891.00 1% Php 26,134,604.00 0%
28 E 0% 0% 0%
29 S 0% 0% 0%
30 Deferred income tax liabilities, net Php 89,016,911.00 1% Php 151,205,961.00 2% Php 17,391,309.00 0%
31 0% 0% 0%
32 0% 0% 0%
33 TOTAL NON-CURRENT LIABILITIES Php 127,690,740.00 2% Php 194,487,852.00 3% Php 43,525,913.00 1%
35 TOTAL LIABILITIES Php 4,363,779,379.00 63% Php 3,967,654,931.00 58% Php 4,442,964,995.00 74%
36 N Share capital Php 87,381,300.00 1% Php 87,381,300.00 1% Php 87,381,300.00 1%
37 E Share premium Php 10,260,333.00 0% Php 10,260,333.00 0% Php 10,260,333.00 0%
38 T Other reserves Php 28,999,819.00 0% Php 62,049,759.00 1% Php (196,179,191.00) -3%
39 W LEGAL RESERVES 0% 0% 0%
40 O Retained earnings Php 2,398,259,628.00 35% Php 2,683,301,171.00 39% Php 1,672,382,676.00 28%
41 R
42 T TOTAL NET WORTH Php 2,524,901,080.00 37% Php 2,842,992,563.00 42% Php 1,573,845,118.00 26%
H TOTAL LIABILITIES & NW. Php 6,888,680,459.00 100% Php 6,810,647,494.00 100% Php 6,016,810,113.00 100%
NAME: Mondelez. Philippines, Inc LOCATION: Metro Manila, PhilippiRelationship Manager: 0
Auditor: Isla Lipana & Co. AMOUNTS IN: Php 00 DATE: 06-Jun-20
Audited or Direct (Specify) Audited Audited Audited Audited Projection Projection
Unqualified or Qualified (Specify) Unqualified Unqualifed Unqualified Unqualified 0 0
DATE (Month,Day,Year) Php 39,447.00 Php 39,813.00 Php 42,369.00 Dec-31-14 Dec-31-13 Dec-31-13
DESCRIPTION AMOUNT AMOUNT AMOUNT AMOUNT AMOUNT AMOUNT

INCOME STATEMENT

43 Column1 2015 2014 2013 2016 2017 2018

44 Net sales Php 13,208,414,234.00 Php 13,150,267,581.00 Php 13,338,991,057.00 13472582518.68 13742034169.05 14016874852.4347
Cost of sales Php (7,111,755,863.00) Php (7,022,221,221.00) Php (6,832,937,101.00) -7253990980.26 -7399070799.865
46 0 0
GROSS PROFIT Php 6,096,658,371.00 Php 6,128,046,360.00 Php 6,506,053,956.00 6218591538.42 6342963369.188 14016874852
0 0
0 0
0 0
0 0
52 0 0
Operating expenses Php (4,332,430,429.00) Php (4,063,397,416.00) Php (4,798,584,083.00) -4419079037.58 -4507460618.332
55 0 0
Other operating income (expense), net Php 4,729,577.00 Php 88,543,270.00 Php 41,823,235.00 4824168.54 4920651.9108
57 0 0
54 INCOME FROM OPERATIONS Php 1,759,498,365.00 Php 2,153,192,214.00 Php 1,749,293,108.00 1794688332.3 1830582098.946 14016874852
Interest expense Php (3,511,494.00) Php (5,240,643.00) Php (5,966,990.00) -3581723.88 -3653358.3576
PROFIT BEFORE TAXES Php 1,755,986,871.00 Php 2,147,951,571.00 Php 1,743,326,118.00 1791106608.42 1826928740.588 14016874852
59 0 0
60 Interest income Php 7,454,316.00 Php 8,390,751.00 Php 9,839,715.00 7603402.32 7755470.3664
INCOME BEFORE INCOME TAX Php 1,763,441,187.00 Php 2,156,342,322.00 Php 1,753,165,833.00 1798710010.74 1834684210.955 14016874852
BALANCE SHEET RECONCILIATION

NET WORTH
61 OPENING NET WORTH Php 2,524,901,080.00 Php 2,842,992,563.00 1573845118 0 0
PLUS:
62 Net Income Php 1,763,441,187.00 Php 2,156,342,322.00 Php 1,753,165,833.00 1798710011 1834684211 14016874852
63 Sale Of Equity Php - Php - Php - 0 0 0
64 Capital Injections Php - Php - Php - 0 0 0
65 Others Php 761,459,893.00 Php - Php - 0 0 0
66 TOTAL ADDIT Php 2,524,901,080.00 Php 2,156,342,322.00 Php 1,753,165,833.00 1798710011 1834684211 14016874852
LESS:
67 Php
Dividends - Php - Php - 0 0 0
68 Php
Withdrawals - Php 1,838,250,839.00 Php 3,022,313,278.00 3372555129 1834684211 14016874852
69 Others Php - Php - Php - 0 0 0
70 TOTAL DED Php - Php 1,838,250,839.00 Php 3,022,313,278.00 3372555129 1834684211 14016874852
71 Php
NET CHANGE IN NET WORTH 2,524,901,080.00 Php 318,091,483.00 Php (1,269,147,445.00) (1573845118) 0 0
72 ENDING NET WORTH Php 2,524,901,080.00 Php 2,842,992,563.00 Php 1,573,845,118.00 0 0 0

FIXED ASSETS
73 OPENING NET FIXED ASSETS Php 1,613,032,743.00 Php 1,696,569,144.00 1644409396 0 0
LESS:
74 DEPRECIATION Php - Php - Php - 0 0 0
ASSETS DE-VALUATION
75 SUB-TOTAL Php - Php 1,613,032,743.00 Php 1,696,569,144.00 1644409396 0 0
76 ENDING NET FIXED A Php 1,613,032,743.00 Php 1,696,569,144.00 Php 1,644,409,396.00 0 0 0
77 CAPITAL EXPENDITURESPhp 1,613,032,743.00 Php 83,536,401.00 Php (52,159,748.00) (1644409396) 0 0
PLUS:
78 SALE OF ASSETS Php - Php - Php - 0 0 0
79 ASSETS RE-VALUATION Php - Php - Php - 0 0 0
80 GROSS CAPEX Php 1,613,032,743.00 Php 83,536,401.00 Php (52,159,748.00) (1644409396) 0 0
NAME: Mondelez. Philippines, Inc LOCATION: Metro Manila, Philippines Relationship Manager: 0
Auditor: Isla Lipana & Co. AMOUNTS IN: Php 00 DATE: 06-Jun-20
Audited or Direct (Specify) Audited Audited Audited Audited Projection Projection
Unqualified or Qualified (Specify) Unqualified Unqualifed Unqualified Unqualified 0 0
DATE (Month,Day,Year) Php 39,447.00 Php 39,813.00 Php 42,369.00 Dec-31-14 Dec-31-13 Dec-31-13
DESCRIPTION AMOUNT % AMOUNT % AMOUNT % AMOUNT % AMOUNT % AMOUNT %

INCOME STATEMENT
43 Net sales Php 13,208,414,234.00 100% Php 13,150,267,581.00 100% Php 13,338,991,057.00 100% #DIV/0! #DIV/0! #DIV/0!
44 Cost of sales Php (7,111,755,863.00) -54% Php (7,022,221,221.00) -53% Php (6,832,937,101.00) -51% #DIV/0! #DIV/0! #DIV/0!
45 0% 0% 0% #DIV/0! #DIV/0! #DIV/0!
46 GROSS PROFIT Php 6,096,658,371.00 46% Php 6,128,046,360.00 47% Php 6,506,053,956.00 49% 0 #DIV/0! 0 #DIV/0! 0 #DIV/0!
47 0% 0% 0% #DIV/0! #DIV/0! #DIV/0!
48 0% 0% 0% #DIV/0! #DIV/0! #DIV/0!
49 0% 0% 0% #DIV/0! #DIV/0! #DIV/0!
50 0% 0% 0% #DIV/0! #DIV/0! #DIV/0!
51 0% 0% 0% #DIV/0! #DIV/0! #DIV/0!
52 Operating expenses Php (4,332,430,429.00) -33% Php (4,063,397,416.00) -31% Php (4,798,584,083.00) -36% #DIV/0! #DIV/0! #DIV/0!
53 0% 0% 0% #DIV/0! #DIV/0! #DIV/0!
55 Other operating income (expense), net Php 4,729,577.00 0% Php 88,543,270.00 1% Php 41,823,235.00 0% #DIV/0! #DIV/0! #DIV/0!
56 0% 0% 0% #DIV/0! #DIV/0! #DIV/0!
57 INCOME FROM OPERATIONS Php 1,759,498,365.00 13% Php 2,153,192,214.00 16% Php 1,749,293,108.00 13% 0 #DIV/0! 0 #DIV/0! 0 #DIV/0!
54 Interest expense Php (3,511,494.00) 0% Php (5,240,643.00) 0% Php (5,966,990.00) 0% #DIV/0! #DIV/0! #DIV/0!
PROFIT BEFORE TAXES Php 1,755,986,871.00 13% Php 2,147,951,571.00 16% Php 1,743,326,118.00 13% 0 #DIV/0! 0 #DIV/0! 0 #DIV/0!
58 0% 0% 0% #DIV/0! #DIV/0! #DIV/0!
59 Interest income Php 7,454,316.00 0% Php 8,390,751.00 0% Php 9,839,715.00 0% #DIV/0! #DIV/0! #DIV/0!
60 INCOME BEFORE INCOME TAX Php 1,763,441,187.00 13% Php 2,156,342,322.00 16% Php 1,753,165,833.00 13% 0 #DIV/0! 0 #DIV/0! 0 #DIV/0!

BALANCE SHEET RECONCILIATION

NET WORTH
61 OPENING NET WORTH Php 2,524,901,080.00 Php 2,842,992,563.00 1573845118 0 0
PLUS:
62 Net Income Php 1,763,441,187.00 Php 2,156,342,322.00 Php 1,753,165,833.00 0 0 0
63 Sale Of Equity Php - Php - Php - 0 0 0
64 Capital Injections Php - Php - Php - 0 0 0
65 Others Php 761,459,893.00 Php - Php - 0 0 0
66 TOTAL ADDITIONS Php 2,524,901,080.00 Php 2,156,342,322.00 Php 1,753,165,833.00 0 0 0
LESS:
67 Dividends Php - Php - Php - 0 0 0
68 Withdrawals Php - Php 1,838,250,839.00 Php 3,022,313,278.00 1573845118 0 0
69 Others Php - Php - Php - 0 0 0
70 TOTAL DEDUCTIONS Php - Php 1,838,250,839.00 Php 3,022,313,278.00 1573845118 0 0
71 NET CHANGE IN NET WORTH Php 2,524,901,080.00 Php 318,091,483.00 Php (1,269,147,445.00) (1573845118) 0 0
72 ENDING NET WORTH Php 2,524,901,080.00 Php 2,842,992,563.00 Php 1,573,845,118.00 0 0 0

FIXED ASSETS
73 OPENING NET FIXED ASSETS Php 1,613,032,743.00 Php 1,696,569,144.00 1644409396 0 0
LESS:
74 DEPRECIATION Php - Php - Php - 0 0 0
ASSETS DE-VALUATION
75 SUB-TOTAL Php - Php 1,613,032,743.00 Php 1,696,569,144.00 1644409396 0 0
76 ENDING NET FIXED ASSETS Php 1,613,032,743.00 Php 1,696,569,144.00 Php 1,644,409,396.00 0 0 0
77 CAPITAL EXPENDITURES Php 1,613,032,743.00 Php 83,536,401.00 Php (52,159,748.00) (1644409396) 0 0
PLUS:
78 SALE OF ASSETS Php - Php - Php - 0 0 0
79 ASSETS RE-VALUATION Php - Php - Php - 0 0 0
80 GROSS CAPEX Php 1,613,032,743.00 Php 83,536,401.00 Php (52,159,748.00) (1644409396) 0 0
Column1 Column2 2015 2014
Cash and cash equivalents ### 117% ### 67%
A 0% 0%
S Trade and other receivables, net Php 365,258,481.00 15% Php 629,958,516.00 23%
S Inventories, net ### 42% ### 54%
E
T Due from related parties Php 181,750,519.00 8% Php 269,284,500.00 10%
S Prepayments and other current asset Php 260,179,902.00 11% Php 210,869,705.00 8%
TOTAL CURRENT ASSETS ### 193% ### 163%
A Property and equipment, net ### 67% ### 63%
S
S 0% 0%
E Retirement benefit asset Php 538,298,900.00 22% Php 626,086,900.00 23%
T 0% 0%
S Other non-curren tassets Php 105,457,279.00 4% Php 116,738,058.00 4%
TOTAL NON-CURRENT ASSETS ### 94% ### 91%
TOTAL ASSETS ### 287% ### 254%
Php - #DIV/0! #DIV/0!
L Trade and other payables ### #DIV/0! ### #DIV/0!
I Due to related parties ### #DIV/0! ### #DIV/0!
A #DIV/0! #DIV/0!
B
I
L Obligations under finance lease Php 16,143,374.00 #DIV/0! Php 18,259,010.00 #DIV/0!
I #DIV/0! #DIV/0!
T TOTAL CURRENT LIABILITIES ### #DIV/0! ### #DIV/0!
I Obligations under finance lease Php 38,673,829.00 #DIV/0! Php 43,281,891.00 #DIV/0!
E #DIV/0! #DIV/0!
S #DIV/0! #DIV/0!
Deferred income tax liabilities, net Php 89,016,911.00 #DIV/0! Php 151,205,961.00 #DIV/0!
#DIV/0! #DIV/0!
#DIV/0! #DIV/0!
TOTAL NON-CURRENT LIABILITIES Php 127,690,740.00 #DIV/0! Php 194,487,852.00 #DIV/0!
TOTAL LIABILITIES ### #DIV/0! ### #DIV/0!
N Share capital Php 87,381,300.00 #DIV/0! Php 87,381,300.00 #DIV/0!
E Share premium Php 10,260,333.00 #DIV/0! Php 10,260,333.00 #DIV/0!
T Other reserves Php 28,999,819.00 #DIV/0! Php 62,049,759.00 #DIV/0!
W LEGAL RESERVES #DIV/0! #DIV/0!
O Retained earnings ### #DIV/0! ### #DIV/0!
R
T TOTAL NET WORTH ### #DIV/0! ### #DIV/0!
H TOTAL LIABILITIES & NW. ### #DIV/0! ### #DIV/0!
2013
### 60%
0%
### 50%
### 85%

### 7%
### 36%
### 237%
### 98%

0%
### 16%
0%
### 8%
### 122%
### 360%
#DIV/0!
### #DIV/0!
### #DIV/0!
#DIV/0!

### #DIV/0!
#DIV/0!
### #DIV/0!
### #DIV/0!
#DIV/0!
#DIV/0!
### #DIV/0!
#DIV/0!
#DIV/0!
### #DIV/0!
### #DIV/0!
### #DIV/0!
### #DIV/0!
### #DIV/0!
#DIV/0!
### #DIV/0!

### #DIV/0!
### #DIV/0!
NAME: Mondelez. Philippines, Inc LOCATION: Metro Manila, MANAGER: 0
Auditor: Isla Lipana & Co. AMOUNTS IN: Php 00 DATE: 06-Jun-20
Audited or Direct (Specify) Audited Audited Audited Audited Projection Projection
Unqualified or Qualified (Specify) Unqualified Unqualifed Unqualified Unqualified 0 0
DATE (Month,Day,Year) Dec-31-07 Dec-31-08 Dec-31-15 Dec-31-14 Dec-31-13 Dec-31-13
DESCRIPTION AMOUNT AMOUNT AMOUNT AMOUNT AMOUNT AMOUNT

CONSOLIDATED STATEMENT OF CASH FLOWS

OPERATING ACTIVITIES
91 INCOME BEFORE INCOME TAX 2156342322 1753165833 0 0 0
92 0 0 0 0 0 0
93 0 0 0 0 0 0

CHANGES IN OPERATING
ASSETS & LIABILITIES:
94 Trade and other receivables, net (264700035) (208321005) 838279521 0 0
95 Inventories, net (446039054) 41227314 1415273806 0 0
97 Due from related parties (87533981) 159882710 109401790 0 0
98 Prepayments and other current assets 49310197 (388865952) 599735657 0 0
99 Trade and other payables (364397782) 981501716 (3721823141) 0 0
100 Due to related parties (100639414) (352184464) (662402180) 0 0
101 0 0 0 0 0 0
104 Obligations under finance lease 2115636 (3045249) (15213761) 0 0
105
NET OPERATING CASH FLOW 944457889 1983360903 (1436748308) 0 0

INVESTING ACTIVITIES

106 ADDITIONS TO FIXED ASSETS (83536401) 52159748 1644409396 0 0

108 SALE OF ASSETS 0 0 0 0 0
109 0 0 0 0 0 0
110 Retirement benefit asset (87788000) 362870000 263216900 0 0
111 0 0 0 0 0 0
112 Other non-curren tassets (11280779) (23660055) 140398113 0 0
113
114
NET INVESTING CASH FLOW (182605180) 391369693 2048024409 0 0

FINANCING ACTIVITIES

115 Deferred income tax liabilities, net 62189050 (133814652) (17391309) 0 0

116 0 0 0 0 0 0
117 0 0 0 0 0 0
118 SALE OF EQUITY 0 0 0 0 0
119 LONG TERM DEBT 4608062 (17147287) (26134604) 0 0
120 SHORT TERM DEBT 0 0 0 0 0
121 DIVIDENDS 0 0 0 0 0
122 OTHER CHANGES IN NET WORTH (1838250839) (3022313278) (1573845118) 0 0

123 NET FINANCING CASH FLOW (1771453727) (3173275217) (1617371031) 0 0

124 NET TOTAL CASH FLOW (1009601018) (798544621) (1006094930) 0 0

CASH & DEPOSITS

125 BEGINNING OF PERIOD BALANCE 2814240569 1804639551 1006094930 0 0
126 END OF PERIOD BALANCE 1804639551 1006094930 0 0 0

127 ACTUAL END PERIOD BALANCE 1804639551 1006094930 0 0 0

NAME: Mondelez Philippines, Inc. LOCATION: Metro Manila, Philippines MANAGER: 0
Auditor: Isla Lipana& Co. AMOUNTS IN: Php 00 DATE: 06-Jun-20
Audited or Direct (Specify) Audited Audited Audited Audited Projection Projection
Unqualified or Qualified (Specify) Unqualified Unqualifed Unqualified Unqualified 0 0
DATE (Month,Day,Year) Php 39,447.00 Php 39,813.00 Php 42,369.00 Dec-31-14 Dec-31-13 Dec-31-13
DESCRIPTION AMOUNT AMOUNT AMOUNT AMOUNT AMOUNT AMOUNT

FINANCIAL SUMMARY

KEY FIGURES
NET SALES Php 13,208,414,234.00 Php 13,150,267,581.00 Php 13,338,991,057.00 0 0 0 Current Ratio accts rcv
OPERATING PROFIT Php 6,096,658,371.00 Php 6,128,046,360.00 Php 6,506,053,956.00 0 0 0 0.9 22.62
PROFIT PRE TAXES & EXTRAORDINARY Php 1,755,986,871.00 Php 2,147,951,571.00 Php 1,743,326,118.00 0 0 0 1.16 17.25
NET INCOME Php 1,763,441,187.00 Php 2,156,342,322.00 Php 1,753,165,833.00 0 0 0 1.09 9.96
TANGIBLE NET WORTH Php 2,419,443,801.00 Php 2,726,254,505.00 Php 1,433,447,005.00 0 0 0
TOTAL ASSETS Php 6,888,680,459.00 Php 6,810,647,494.00 Php 6,016,810,113.00 0 0 0 Quick Ratio pyb to
WORKING CAPITAL Php 395,802,898.00 Php 598,086,313.00 Php (430,653,378.00) 0 0 0 0.58 -196.09
0.77 -140.48
ANNUAL GROWTH (%) 0.85 -157.16
NET SALES Php (0.00) Php 0.01 -100% #DIV/0! #DIV/0!
OPERATING PROFIT Php 0.01 Php 0.06 -100% #DIV/0! #DIV/0! Tot L NW pft mrgn
NET INCOME Php 0.22 Php (0.19) -100% #DIV/0! #DIV/0! 3.1 0.13
TOTAL ASSETS Php (0.01) Php (0.12) -100% #DIV/0! #DIV/0! 1.46 0.16
1.8 0.13
CASH FLOW
NET OPERATING CASH GENERATION Php 944,457,889.00 Php 1,983,360,903.00 (1,436,748,308) 0 0 Int Cov
GROSS OPERATING CASH GENERATION Php 2,156,342,322.00 Php 1,753,165,833.00 0 0 0 -293.16
NEW BORROWINGS (NET) Php 4,608,062.00 Php - 0 0 0 -410.86
NEW EQUITY Php - Php - 0 0 0 -501.07

KEY RATIOS (%) Current Ratio

NET INCOME / NET SALES Php 0.13 Php 0.16 Php 0.13 #DIV/0! #DIV/0! #DIV/0!
1.4
NET INCOME / TOTAL ASSETS Php 0.26 Php 0.32 Php 0.29 #DIV/0! #DIV/0! #DIV/0!
NET INCOME / TANGIBLE NET WORTH Php 0.73 Php 0.79 Php 1.22 #DIV/0! #DIV/0! #DIV/0!
1.2
OPERATING PROFIT / NET SALES Php 0.46 Php 0.47 Php 0.49 #DIV/0! #DIV/0! #DIV/0!
OPERATING PROFIT / QUICK ASSETS Php 1.68 Php 2.10 Php 2.55 #DIV/0! #DIV/0! #DIV/0! 1

0.8
TURNOVER EFFICIENCY
NET SALES / NET FIXED ASSETS Php 8.19 Php 7.75 Php 8.11 #DIV/0! #DIV/0! #DIV/0! 0.6
DAYS RECEIVABLES (CURRENT) Php 9.96 Php 17.25 Php 22.62 #DIV/0! #DIV/0! #DIV/0!
DAYS RECEIVABLES (AGGREGATE) Php 9.96 Php 17.25 Php 22.62 #DIV/0! #DIV/0! #DIV/0! 0.4
DAYS INVENTORY (CGS BASIS) Php (51.15) Php (74.67) Php (74.57) #DIV/0! #DIV/0! #DIV/0!
0.2
DAYS PAYABLES (CGS BASIS) Php (157.16) Php (140.48) Php (196.09) #DIV/0! #DIV/0! #DIV/0!
NET CASH CYCLE (AGGREGATE BASIS) Php 115.97 Php 83.06 Php 144.15 #DIV/0! #DIV/0! #DIV/0!
0
CURRENT (ASSETS) RATIO Php 1.09 Php 1.16 Php 0.90 #DIV/0! #DIV/0! #DIV/0! 1 2 3
QUICK ASSETS RATIO Php 0.85 Php 0.77 Php 0.58 #DIV/0! #DIV/0! #DIV/0!

LEVERAGE RATIOS Quick Ratio

TOTAL LIABILITIES / NET WORTH Php 1.80 Php 1.46 Php 3.10 #DIV/0! #DIV/0! #DIV/0!
0.9
LONG TERM LIABILITIES / NET WORTH Php 0.05 Php 0.07 Php 0.03 #DIV/0! #DIV/0! #DIV/0!
INTEREST COVERAGE Php (501.07) Php (410.86) Php (293.16) #DIV/0! #DIV/0! #DIV/0! 0.8
WITHDRAWALS / NET INCOME (%) Php - Php 0.85 Php 1.72 #DIV/0! #DIV/0! #DIV/0! 0.7
0.6
0.5

Interest Coverage 0.4

Total Liabilities / Net Worth 0.3
0
1 2 3 3.5 0.2
-100 3 0.1
0
-200 2.5 1 2 3

2
-300
1.5 Accounts Receivables Turnover
-400
1 25
-500
0.5
20
-600 0
1 2 3
15

Accounts Payables Turnover 10

0 Profit Margin Ratio
1 2 3
0.18 5

-50 0.16
0
0.14 1 2 3
-100 0.12
0.1
-150
0.08
0.06
-200
0.04
0.02
-250
0
1 2 3