Republic of the Philippines
MUNICIPALITY OF VILLASIS
Pangasinan
GENERAL FUND 100
BALANCE SHEET
As of December 31, 2008
CURRENT ASSETS
	Cash						P    10,211,239.60
	Receivables						5,165,068.30
	Inventories						267,541.68
TOTAL CURRENT ASSETS									P     15,643,849.58
PROPERTY, PLANT AND EQUIPMENT
	Land and Land Improvements						P      1,482,904.31
	Buildings						89,302,379.95
	Office Equipments, Furniture and Fixtures						5,196,778.87
	Machineries and Equipment						2,048,870.45
	Transportation Equipment						1,811,479.17
	Other Property, Plant and Equipment						1,399,731.85
	Construction in Progress						3,497,237.95
	Other Asset						691,756.44
TOTAL PROPERTY, PLANT AND EQUIPMENT									105,431,138.99
TOTAL ASSETS									P   121,074,988.57
LIABILITIES
	Current Liabilities
		Payable Accounts					P      4,696,115.82
		Inter-Agency Payables					2,905,584.96
		Intra-Agency Payables					-
		Other Liability Accounts					15,135.52		P       7,616,836.30
	Deferred Credits								4,788,208.98
TOTAL LIABILITIES									P     12,405,045.28
EQUITY
	Government Equity								108,669,943.29
TOTAL LIABILITIES AND EQUITY									P   121,074,988.57