DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
NOTES TO FINANCIAL STATEMENTS
For the Year Ended December 31, 2019
1. General Information/Agency Profile
The financial statements of Department of Science and Technology–National Capital Region
(DOST-NCR) were authorized for issue on December 31, 2019 as shown in the Statement of
Management Responsibility for Financial Statements signed by Jose B. Patalinjug III, Regional
Director, DOST-NCR.
The DOST – NCR is a National Government Agency established on 2004 and operates under
the authority of DOST Special Order Nos. 282 and 175. The premier Regional Unit, which obtained its
ISO Certification 9001:2015 in February 2018, is mandated to provide technical assistance, trainings
and consultancy services to the Micro Small and Medium Enterprises (MSMEs), Local Government
Units (LGUs), the academe and the Non-Government Organizations (NGOs).
DOST-NCR operates under KRA No. 3 which outlines rapid, inclusive and sustained economic
growth. It envisions of becoming the growth center for technological innovation and adoption, with
science and technology (S&T) contributing significantly to enhance productivity and
competitiveness of the industry, and provides solutions to technical problems in the National
Capital Region.
The Agency's registered office is located at the DOST Compound, General Santos Avenue
Bicutan, Taguig City.
2. Statement of Compliance and Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with and comply with the
Philippine Public Sector Accounting Standards (PPSAS) issued by the Commission on Audit per COA
Resolution No. 2014-003 dated January 24, 2014.
The financial Statements have been prepared on the basis of historical cost, unless stated
otherwise. The Statement of Cash Flows is prepared using the direct method.
3. Summary of Significant Accounting Policies
3.1 Basis of Accounting
The financial statements are prepared on an accrual basis in accordance with the
Philippine Public Sector Accounting Standards (PPSAS).
3.2 Cash and cash equivalents
Cash and cash equivalents comprises cash on hand and cash at bank, deposits on call and
highly liquid investments with an original maturity of three months or less, which are readily
convertible to known amounts of cash and are subject to insignificant risk of changes in value. For
the purpose of the consolidated statement of cash flows, cash and cash equivalents consist of cash
and short-term deposits as defined above, net of outstanding bank overdrafts.
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DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
3.3 Inventories
Inventory is measured at cost upon initial recognition. To the extent that inventory was
received through non-exchange transactions (for no cost or for a nominal cost), the cost of the
inventory is its fair value at the date of acquisition. Costs incurred in bringing each product to its
present location and conditions are accounted for, as follows:

Raw materials: purchase cost using the weighted average cost method

Finished goods and work in progress: costs of direct materials and labor and a proportion of
manufacturing overheads based on the normal operating capacity, but excluding
borrowing costs
After initial recognition, inventory is measured at the lower of cost or net realizable value.
However, to the extent that a class of inventory is distributed or deployed at no charge or for a
nominal charge, that class of inventory is measured at the lower of cost and current replacement
cost.
Net realizable value is the estimated selling price in the ordinary course of operations, less the
estimated costs of completion and the estimated costs necessary to make the sale, exchange, or
distribution.
Inventories are recognized as an expense when deployed for utilization or consumption in the
ordinary course of operations of the DOST - NCR.
3.4 Property, Plant and Equipment
Recognition
An item is recognized as property, plant, and equipment (PPE) if it meets the characteristics and
recognition criteria as a PPE.
The characteristics of PPE are as follows:

Tangible items;

Held for use in the production or supply of goods or services, for rental to others, or for
administrative purposes; and

Expected to be used during more than one reporting period.
An item of PPE is recognized as an asset if:

It is probable that future economic benefits or service potential associated with the item will
flow to the entity; and

The cost or fair value of the item can be measured reliably.
Measurement at Recognition
An item recognized as property, plant, and equipment is measured at cost.
A PPE acquired through non-exchange transaction is measured at its fair value as of the date of
acquisition.
2
DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
The cost of the PPE is the cash price equivalent or, for PPE acquired through non-exchange
transaction its cost is its fair value as of recognition date.
Cost includes the following:

Its purchase price, including import duties and non-refundable purchase taxes, after
deducting trade discounts and rebates;

Expenditure that is directly attributable to the acquisition of the items; and

Initial estimate of the costs of dismantling and removing the item and restoring the site on
which it is located, the obligation for which an entity incurs either when the item is acquired,
or as a consequence of having used the item during a particular period for purposes other
than to produce inventories during that period.
Measurement After Recognition
After recognition, all property, plant and equipment are stated at cost less accumulated
depreciation and impairment losses.
When significant parts of property, plant and equipment are required to be replaced at intervals,
DOST – NCR recognizes such parts as individual assets with specific useful lives and depreciates
them accordingly. Likewise, when a major repair/replacement is done, its cost is recognized in the
carrying amount of the plant and equipment as a replacement if the recognition criteria are
satisfied.
All other repair and maintenance costs are recognized as expense in surplus or deficit as incurred.
Depreciation
Each part of an item of property, plant, and equipment with a cost that is significant in relation to
the total cost of the item is depreciated separately. The depreciation charge for each period is
recognized as expense unless it is included in the cost of another asset.
Initial Recognition of Depreciation
Depreciation of an asset begins when it is available for use such as when it is in the location and
condition necessary for it to be capable of operating in the manner intended by management.
For simplicity and to avoid proportionate computation, the depreciation is for one month if the PPE
is available for use on or before the 15th of the month. However, if the PPE is available for use after
the 15th of the month, depreciation is for the succeeding month.
Depreciation Method
The straight line method of depreciation is adopted unless another method is more appropriate for
agency operation.
Estimated Useful Life
The DOST – NCR uses the Schedule on the Estimated Useful Life of PPE by classification prepared by
COA.
The DOST – NCR uses a residual value equivalent to at least five percent (5%) of the cost of the PPE.
3
DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
Impairment
An asset’s carrying amount is written down to its recoverable amount, or recoverable service
amount, if the asset’s carrying amount is greater than its estimated recoverable service amount.
Derecognition
The DOST - NCR derecognizes items of property, plant and equipment and/or any significant part of
an asset upon disposal or when no future economic benefits or service potential is expected from
its continuing use. Any gain or loss arising from derecognition of the asset (calculated as the
difference between the net disposal proceeds and the carrying amount of the asset) is included in
the surplus or deficit when the asset is derecognized.
3.5 Changes in accounting policies and estimates
The DOST-NCR recognizes the effects of changes in accounting policy retrospectively. The effects
of changes in accounting policy were applied prospectively if retrospective application is
impractical.
The DOST-NCR recognizes the effects of changes in accounting estimates prospectively by
including in surplus or deficit.
The DOST-NCR corrects material prior period errors retrospectively in the first set of financial
statements authorized for issue after their discovery by:

Restating the comparative amounts for prior period(s) presented in which the error
occurred; or

If the error occurred before the earliest prior period presented, restating the opening
balances of assets, liabilities and net assets/equity for the earliest prior period presented.
3.6 Revenue from non-exchange transactions
Recognition and Measurement of Assets from Non-Exchange Transactions
An inflow of resources from a non-exchange transaction, other than services in kind, that meets the
definition of an asset were recognized as an asset if the following criteria were met:

It is probable that the future economic benefits or service potential associated with the
asset will flow to the entity; and

The fair value of the asset can be measured reliably.
An asset acquired through a non-exchange transaction is initially measured at its fair value as of the
date of acquisition.
Recognition Revenue from Non-Exchange Transactions
An inflow of resources from a non-exchange transaction recognized as an asset is recognized as
revenue, except to the extent that a liability is also recognized in respect of the same inflow.
As DOST-NCR satisfies a present obligation recognized as a liability in respect of an inflow of
resources from a non-exchange transaction recognized as an asset, it reduces the carrying amount
of the liability recognized and recognized an amount of revenue equal to that reduction.
4
DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
Measurement of Revenue from Non-Exchange Transactions
Revenue from non-exchange transactions is measured at the amount of the increase in net assets
recognized by the entity, unless a corresponding liability is recognized.
Measurement of Liabilities on Initial Recognition from Non-Exchange Transactions
The amount recognized as a liability in a non-exchange transaction is the best estimate of the
amount required to settle the present obligation on the reporting date.
Gifts and Donations
The DOST-NCR recognizes assets and revenue from gifts and donations when it is probable that the
future economic benefits or service potential will flow to the entity and the fair value of the assets
can be measured reliably.
Goods in-kind were recognized as assets when the goods were received, or there is a binding
arrangement to receive the goods. If goods in-kind were received without conditions attached,
revenue is recognized immediately. If conditions were attached, a liability is recognized, which is
reduced and revenue recognized as the conditions were satisfied.
On initial recognition, gifts and donations including goods in-kind were measured at their fair value
as of the date of acquisition, which were ascertained by reference to an active market, or by
appraisal. An appraisal of the value of an asset is normally undertaken by a member of the
valuation profession who holds a recognized and relevant professional qualification. For many
assets, the fair value was ascertained by reference to quoted prices in an active and liquid market.
Transfers
The DOST-NCR recognizes an asset in respect of transfers when the transferred resources meet the
definition of an asset and satisfy the criteria for recognition as an asset, except those arising from
services in-kind.
Transfers from other government entities
Revenues from non-exchange transactions with other government entities and the related assets
were measured at fair value and recognized on obtaining control of the asset (cash, goods,
services and property) if the transfer is free from conditions and it is probable that the economic
benefits or service potential related to the asset will flow to the DOST-NCR and can be measured
reliably.
3.7 Budget information
The annual budget is prepared on a cash basis and is published in the government website.
A separate Statement of Comparison of Budget and Actual Amounts (SCBAA) were prepared since
the budget and the financial statements were not prepared on comparable basis. The SCBAA was
presented showing the original and final budget and the actual amounts on comparable basis to
the budget.
5
DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
3.8 Employee benefits
The employees of DOST-NCR are members of the Government Service Insurance System (GSIS),
which provides life and retirement insurance coverage.
The DOST-NCR recognizes the undiscounted amount of short term employee benefits, like salaries,
wages, bonuses, allowance, etc., as expense unless capitalized, and as a liability after deducting
the amount paid.
The DOST-NCR recognizes expenses for accumulating compensated absences when these were
paid (commuted or paid as terminal leave benefits). Unused entitlements that have accumulated
at the reporting date were not recognized as expense. Non-accumulating compensated
absences, like special leave privileges, were not recognized.
4. Prior Period Adjustments
The DOST - NCR has determined that expenses related to liquidation reports submitted by various
agencies had been recorded in CY 2019 instead of CY 2018.
As a result, the following accounts that should have been recorded in 2018 will be based on the
affected financial statement line item as follows:
Account Title Affected
Regular
Agency
P734,538.31
300,300.00
63,216.00
204,235.00
1,594,680.54
41,000.00
24,542.00
82,194.13
1,591,223.00
1,325,815.89
P5,961,744.87
Salaries and Wages - Contractual
Honoria
Traveling Expenses – Local
Printing and Binding Expenses
Other Supplies and Materials Expenses
Training Expenses
Electricity Expenses
Representation Expenses
Other MOOE
Technical and Scientific Equipment
Due to NGAs
Total Accumulated Surplus/(Deficit)
Trust Account
Total
P-
P734,538.31
37,974.79
P37,974.79
300,300.00
63,216.00
204,235.00
1,594,680.54
41,000.00
24,542.00
82,194.13
1,591,223.00
1,325,815.89
37,974.79
P5,999,719.66
The balance of Technical Scientific Equipment recorded in the 2018 will be restated and expenses
were classified according to the period they were incurred that affects the Accumulated
Surplus/(Deficit) and Surplus/(Deficit) in 2018.
5. Cash and Cash Equivalents
Cash in Bank – LCCA balance amounts to P49,582.66 per bank statement. It represents the
incurrence of liability to guaranty the performance by the contractor in terms of contract has been
deposited to current account, taxes withheld to one of the projects funded by DOST – CO and
withholding of health insurance premium of former DOST – NCR employee. The book balance
record in the LCCA amounts to P35,940.06 and in the Cash-Treasury/Agency Deposit, Trust account
has a balance amounting to P879,415.96.
6
DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
Particulars
Cash in Bank – Local Currency Current Account
Cash-Treasury/Agency Deposit, Trust
2019
P35,940.06
843,475.90
P879,415.96
6. Receivables
6.1 Other Receivables
Accounts
Current
Other Receivables
-
2019
Non-Current
P159,115,463.32
P159,115,463.32
Total
P159,115,463.32
P159,115,463.32
The Other Receivables account represents financial assistance granted to Micro, Small and
Medium Enterprises under the Small Enterprise Technology Upgrading Program (SETUP) of DOST –
NCR. Terminated SETUP projects were endorsed to the Office of Solicitor General (OSG) for
appropriate legal cases as follows:
Year
Approved
Beneficiary
2005
2007
2009
2009
2010
2011
2011
2011
2012
2012
2012
VL Advance Technology
Fenor Food Products
Cybertech Tooling Services
Silversea Machine Works
Brinetech Engineering Works
Living Water Food Hauz
NDC Metal Engineering
Pastel Deli Products
KCCabinet
JMK Jewelry Manufacturing
Rockbuilders Urban Development
and Multi Purpose Cooperative
Soymaster Food Manufacturing
2013
Total
Project Cost
1,000,000.00
950,600.00
989,632.00
925,000.00
50,450.00
386,160.00
1,275,000.00
950,000.00
1,000,000.00
928,075.00
321,852.00
Amount
Refunded as of
12/31/2019
967,400.00
308,820.00
316,912.00
532,634.00
2,800.00
156,882.00
354,160.00
818,100.00
487,226.00
556,043.00
223,500.00
617,923.60
9,394,692.60
17,165.00
4,741,642.00
% of
Repayment
97%
32%
32%
58%
6%
41%
28%
86%
49%
60%
69%
3%
No allowance for impairment had been recorded for the terminated SETUP projects since the
probability of the collection of unpaid receivables is within the jurisdiction of the OSG.
7.1 Inter-Agency Receivables
Accounts
Current
Due from NGAs
Due from LGUs
Due from Officers and Employees
Due from NGOs/POs
Due from Regional Offices/Staffs
P9,247.58
P9,247.58
7
2019
Non-Current
P10,630,460.14
4,390,802.00
7,478,349.70
5,178,780.43
P27,678,392.27
Total
P10,630,460.14
4,390,802.00
9,247.58
7,478,349.70
5,178,780.43
P27,687,639.85
DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
The balance of Due from NGA’s, LGU’s and NGO’s/PO’s are financial assistance granted by the
DOST – NCR to different agencies under Grants in Aid project. Upon completion of the projects, a
Terminal Audited Financial Report were submitted by the implementing agency to the source
agency as basis for its liquidation.
The Due from Officers and Employees represents the balance of cash advances drawn and
Philhealth contributions by DOST-NCR employees and refunded only after the close of the fiscal
year.
The Due from Regional Offices/Bureaus represents mostly fund releases to support the
implementation of the Nationwide Dengue Vector Surveillance (NDVS) program. Decreased on the
balances of the project was due to recording of liquidation report submitted by different regional
offices to DOST – NCR.
8. Inventories
2019
Accounts
Inventory
Held
for
Consumption
Carrying
Amount,
January 1, 2019
Additions/Acquisitions
during the year
Expensed during the year
except write down
Write-down during the
year
Reversal of Write-down
during the year
Carrying Amount,
December 31, 2019
Inventories carried
at the lower of cost
and net realizable
value
Inventories
carried at fair
value less cost to
sell
Reversal of
Inventory writedown
recognized
during the year
Inventory Write
down recognized
during the year
P1,655,478.50
-
-
1,266,288.76
-
-
-
(695,701.68)
-
-
-
-
-
-
-
-
-
-
-
P2,226,065.58
-
-
-
Tangible items below the capitalization threshold of P15,000.00 shall be accounted as semi
expendable property. The following policies apply as follows:
a.) Semi-expendable property which were recognized as PPE shall be reclassified to the
affected accounts.
b.) These tangible items shall be recognized as expenses upon issue to the end-user
8
DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
9. Property, Plant and Equipment
Machinery
and
Equipment
Carrying
Amount,
January 1, 2019
Additions/Acquisitions
Total
Disposals/Transferred
Depreciation (As per
Statement
of
Financial
Performance)
Impairment Loss (As
per Statement of
Financial
Performance)
Carrying
Amount,
December 31, 2019
(As per Statement of
Financial Position)
Gross Cost (Asset
Account Balance per
Statement
of
Financial Position)
Less:
Accumulated
Depreciation
Carrying
Amount,
December 31, 2019
(As per Statement of
Financial Position)
Transportation
Equipment
Other
Property,
Plant and
Equipment
Furniture,
Fixtures and
Books
Total
P10,008,584.40
2,865,100.00
P231,450.34
1,187,074.00
P1,013,925.28
307,849.36
P60,086.21
-
P11,314,046.23
4,342,798.36
-
-
-
-
-
2,225,677.58
79,382.64
99,758.10
3,232.92
2,08,051.24
-
-
-
-
-
P10,648,006.82
P1,339,141.70
P1,222,016.54
P56,853.29
P13,266,018.35
P19,049,275.18
P3,885,354.00
P1,833,708.30
P390,816.00
P25,141,928.48
8,401,268.36
2,546,212.30
611,691.76
333,962.71
11,892,676.19
P10,648,006.82
P1,339,141.70
P1,222,016.54
P56,853.29
P13,266,018.35
9
DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
10. Intangible Assets
Particulars
2019
Other
Intangible
Assets
Computer
Software
Carrying Amount, January 1, 2019
Additions-Internally Developed
Additions-Purchased/Acquired thru exchange
on non-exchange
transaction
Impairment Loss Reversed (As per Statement of
Financial Performance)
Total
Disposals
Amortization recognized (As per Statement of
Financial Performance)
Impairment Loss (As per Statement of Financial
Performance)
Other Changes
Carrying Amount, December 31, 2019 (As per
Statement of Financial Position)
Gross Cost (Balance per Statement of Financial
Position)
Less: Accumulated Amortization (including
accumulated impairment loss)
Carrying Amount, December 31, 2019
Carrying Amount, December 31, 2019 (As per
Statement of Financial Position)
Total
P540,405.43
-
P-
P540,405.43
-
208,204.93
-
-
208,204.93
-
-
-
-
(132,336.46)
-
-
132,336.46
-
-
-
-
P616,273.90
P-
P616,273.90
P757,769.77
-
P757,769.77
141,495.87
-
141,495.87
P616,273.90
P-
P616,273.90
11. Financial Liabilities
11.1 Payables
Particulars
Accounts Payable
Due to Officers and Employees
Other Payables
2019
Current
Non Current
P-772,900.00
277,447.00
54,821.36
P1,105,168.36
-
2018 as restated
Current
Non Current
P
2,547.00
56,421.68
P58,968.68
Significant increase in the Accounts Payable reflects the unpaid obligations to L. Angeles
Machineries Corp for the purchased of Multi-Purpose Shredder for Dual Composter, financial
assistance to Southville 3 Home Based Producers Inc. and honoraria.
The increase in the Due to Officers and Employees Account reflects the unpaid obligation on 2019
Productivity Enhancement incentive worth P5,000.00 for each qualified employees and 2019
Service Recognition Incentive worth P3,000.00 which was source from the 2019 savings of various
regional offices.
10
DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
12. Inter-Agency Payables
Particulars
2019
Current
Due to BIR
Due to GSIS
Due to Pag-ibig
Due to PhilHealth
Due to NGA’s
PP-
Non Current
P5,535,456.96
P5,535,456.96
2018 as restated
Current
Non Current
PP5,450,129.63
PP5,450,129.63
The project Sustained Nationwide Dengue Vector Surveillance (NDVS) involved DOST – PCHRD, as
the funding agency, DOST – NCR as the national project leader and other Regional offices as coimplementing agencies. DOST-PCHRD as the funding agency released the project funds for the
national implementation to DOST-NCR as the national project leader. As the national project
leader, DOST-NCR sub-released project funds to the other Regional Offices.
The Due to NGA’s account represents the transferred of funds from the Philippine Council for Health
Research and Development (PCHRD) for the project Nationwide Dengue Vector Surveillance
(NDVS). The project was completed in the FY 2017 but subject to last release of fund due to
payments of certain obligations in the implementation of NDVS. In 2018, the last tranche of fund
was provided by PCHRD and majority of the project funds were liquidated by different regional
offices.
13. Intra-Agency Payables
Particulars
Due to Regional Offices
2019
Current
Non-Current
P373,097.87
PP373,097.87
P-
2018 as restated
Current
Non-Current
P373,097.87
PP373,097.87
P-
The balance of Due to Regional Office account represents the fund provided by DOST IV-A for the
implementation of Roll-out of 1,000 RxBox Telehealth Device in Selected Rural Health Centers in the
Philippines. The fund was not moving due to problems in technology adaptation of the project.
14. Trust Liabilities
Particulars
Guaranty Deposits Payable
2019
Current
Non Current
P78,386.50
P78,386.50
2018 as restated
Current
Non Current
P84,886.50
P84,886.50
15. Service and Business Income
Particulars
Other Service Income
Fines and Penalties - Service Income
2019
P206,729.44
544.23
P207,273.67
11
2018 as restated
P151,223.06
P151,223.06
DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
16. Personnel Services
16.1 Salaries and Wages
Particulars
2019
Salaries and Wages – Civilian
Salaries and Wages – Casual/Contractual
P15,872,451.87
6,425,793.26
P22,298,245.13
2018 as
restated
P14,786,039.03
5,318,760.31
P 20,104,799.34
16.2 Other Compensation
Particulars
2019
Personnel Economic Relief Allowance
Representation Allowance (RA)
Transportation Allowance (TA)
Clothing/Uniform Allowance - Civilian
Subsistence Allowance
Laundry Allowance
Honoraria - Civilian
Hazard Pay
Longevity Pay
Bonus - Civilian
Overtime and Night Pay
Cash Gift - Civilian
Other Bonuses & Allowances-CNA
Incentive-Civilian
Other Bonuses & Allowances-PEI-Civilian
Other Bonuses & Allowances-Anniversary
Other Bonuses & Allowances-Mid-Year
794,800.00
229,800.00
120,200.00
186,000.00
1,078,094.00
198,338.70
2,467,132.77
2,651,047.88
1,176,656.20
1,367,903.80
7,407.09
173,000.00
2018 as
restated
P786,785.42
228,000.00
151,623.12
204,000.00
1,075,766.00
196,648.39
1,897,930.97
2,390,329.26
983,608.94
1,263,415.00
161,000.00
831,200.70
172,000.00
1,301,392.00
P12,754,973.14
827,701.57
161,500.00
99,000.00
1,190,080.00
P11,617,388.67
16.2 Employees Future Benefits
The DOST - NCR and its employees contribute to the Government Service Insurance System in
accordance with the RA 8291. The Government Service Insurance System administers the plan,
including payment of pension benefits to employees to whom the act applies.
16.3 Personnel Benefit Contributions
2019
Particulars
Retirement and Life Insurance Premiums
Pag-IBIG - Civilian
PhilHealth - Civilian
ECIP - Civilian
P1,936,319.46
39,600.00
178,476.88
39,700.00
P2,194,096.34
12
2018 as
restated
P1,779,338.40
39,500.00
174,827.33
39,500.00
P2,033,165.73
DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
16.4 Other Personnel Benefits
2019
Particulars
Terminal Leave Benefits - Civilian
Other Personnel Benefits
P680,654.66
554,404.56
P1,235,059.22
2018 as
restated
P 77,549.37
225,432.23
P302,981.60
17. Maintenance and Other Operating Expenses
17.1 Traveling Expenses
2019
Particulars
Traveling Expenses - Local
Traveling Expenses - Foreign
P1,126,468.93
88,113.12
P1,214,582.05
2018 as
restated
P1,813,295.54
131,516.24
P1,944,811.78
17.2 Training and Scholarship Expenses
2019
Particulars
Training Expenses
P 85,600.00
P 85,600.00
2018 as
restated
P358,050.00
P358,050.00
17.3 Supplies and Materials Expenses
2019
Particulars
Office Supplies Expenses
Fuel, Oil and Lubricants Expenses
Textbook and Instructional Materials
Expenses
Other Supplies and Materials Expenses
P1,130,098.00
471,865.28
2018 as
restated
P658,333.98
540,873.99
1,687.00
2,688,439.04
P4,292,089.29
900.00
3,400,134.26
P4,600,242.23
2019
2018 as
restated
P548,344.52
399,891.02
242,563.82
576,863.48
1,190,870.28
P2,958,533.12
17.4 Utility Expenses
Particulars
Water Expenses
Electricity Expenses
Janitorial Services
Security Services
Other General Services
P456,375.10
413,356.84
216,120.41
645,134.00
1,000,386.93
P2,731,373.28
13
DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
17.5 Communication Expenses
2019
Particulars
Postage and Deliveries
Telephone Expenses - Mobile
Telephone Expenses - Landline
Internet Subscription Expenses
P4,272.00
132,301.12
193,066.00
80,759.00
P410,398.12
2018 as
restated
P26,071.80
102,705.00
196,795.95
9,870.00
P335,442.75
17.6 Confidential, Intelligence and Extraordinary Expenses
2019
Particulars
Extraordinary and Miscellaneous Expenses
P117,600.00
P117,600.00
2018 as
restated
P117,600.00
P117,600.00
17.7 Professional Services
2019
Particulars
Legal Services
Consultancy Services
Other Professional Services
P498,000.00
36,960.00
531,206.90
P1,066,166.90
2018 as
restated
P225,000.00
336,206.90
1,992,915.38
P2,554,122.28
17.8 Repairs and Maintenance
2019
Particulars
Repairs & Maintenance-Machinery and
Equipment
Repairs & Maintenance-Transportation
Equipment
2018 as
restated
P61,450.00
P55,265.00
366,167.59
P427,617.59
316,532.42
P371,797.42
2019
2018 as
restated
P9,996.24
13,125.00
13,332.40
P36,453.64
17.9 Taxes, Insurance Premiums and Other Fees
Particulars
Taxes, Duties and Licenses
Fidelity Bond Premiums
Insurance Expenses
P10,196.24
16,500.00
23,598.51
P50,294.75
17.10 Other Maintenance and Operating Expenses
2019
Particulars
Advertising Expenses
Printing and Publication Expenses
Representation Expenses
Rents-Buildings & Structures
P244,318.26
2,879,664.09
1,147,286.06
14
2018 as
restated
P20,000.00
417,681.00
2,810,988.39
138,100.00
DEPARTMENT OF SCIENCE AND TECHNOLOGY
National Capital Region
Financial Statements for the Year Ended December 31, 2019
Rents-Motor Vehicles
Rents-Equipment
Other Maintenance and Operating
Expenses
190,881.50
-
98,300.00
15,000.00
2,678,823.22
P7,140,973.13
5,201,346.71
P 8,701,416.1
18. Non-Cash Expenses
18.1 Depreciation
2019
Particulars
Depreciation-Machinery and Equipment
Depreciation-Motor Vehicles
Depreciation-Furniture and Fixtures
Depreciation-Other Property, Plant and
Equipment
P 2,225,677.58
79,382.64
99,758.10
2018 as
restated
P1,544,938.52
169,681.92
109,859.82
3,232.92
P2,408,051.24
11,684.11
P1,836,164.37
19.1 Amortization
2019
Particulars
Amortization – Intangible Assets
P132,336.46
P132,336.46
2018 as
restated
P9,159.41
P9,159.41
20. Net Financial Assistance/Subsidy
2019
Particulars
NCA Received from Operations
NTA Received from Central Office
Tax Remittance Advice
Reverted Funds/Cash
Excess MITHI and SETUP 2.0 Fund
Other Adjustments
P133,188,000.00
18,645,265.45
4,435,680.05
(13,545,395.10)
(888,694.43)
(2,187.56)
P141,832,668.41
15
2018 as
restated
P128,290,340.00
7,654,762.05
3,594,653.25
(89,901.32)
(29,415.20)
P139,420,438.78