Appendix
Summary of Balance Sheet Php Millions As of Dec-31 As of Jun-30 2010 2011 Cash <strong>and</strong> cash equivalents 9,763 8,942 Financial assets at fair value through profit or loss 3,879 3,870 Receivables 862 720 Expendable parts, materials <strong>and</strong> supplies 370 497 Prepaid expenses <strong>and</strong> other current assets 264 339 Current Assets 15,139 14,366 Property <strong>and</strong> equipment-net 33,986 36,623 Available for sale 115 112 Investment in a joint venture 370 386 Other noncurrent assets 328 564 Total Noncurrent Assets 34,798 37,686 Total Assets 49,937 52,052 Accounts payable <strong>and</strong> accrued expenses 5,598 6,319 Due to related parties 36 36 Current portion long-term debt 2,056 2,157 Unearned transportation revenue 4,606 5,019 Current Liabilities 12,296 13,531 Long term debt-net of current portion 16,377 16,473 Other noncurrent liabilties 3,357 3,695 Total Noncurrent Liabilties 19,734 20,168 Total Liabilities 32,030 33,699 Paid-up capital 613 613 Additional paid-up capital 8,406 8,406 Treasury stocks -159 Net unrealized gain (loss) on AFS investment -3 -5 Retained earnings 8,891 9,497 Equity 17,907 18,353 21 Total Liabilities <strong>and</strong> Equity 49,937 52,052