to Download - Philippine Ports Authority

statement oF FinanCial position
December 31, 2010
(With Comparative Figures as of December 31, 2009)
(In Philippine Peso)
ASSETS
Current Assets
44
Notes 2010
As Restated
2009
Cash on Hand and in Banks 6 2,602,511,853 2,631,730,631
Receivables - Net 7 1,048,221,739 1,045,491,495
Inventories 8 128,314,048 130,483,931
Prepayments 9 449,528,860 414,884,987
Other Current Assets 10 72,838,471 205,338,127
Total Current Assets 4,301,414,971 4,427,929,171
Non-Current Assets
Property and Equipment - Net 11 87,521,901,017 86,616,988,316
Investments in Securities 12 2,173,209,147 916,048,743
Notes Sinking Fund 13 835,924,367 548,409,944
Other Non-Current Assets 14 380,378,832 1,220,069,271
Total Non-Current Assets 90,911,413,363 89,301,516,274
LIABILITIES AND EQUITY
Current Liabilities
95,212,828,334 93,729,445,445
Accounts Payable 15 2,982,448,396 2,327,034,294
Payables to Other Government Agencies 16 601,145,599 1,802,518,940
Current Portion of Foreign Loans Payable 17 788,167,167 728,292,112
Other Current Liabilities 18 549,987,846 362,343,557
Total Current Liabilities 4,921,749,008 5,220,188,903
Non-Current Liabilities
Loans Payable - Foreign 19 8,297,850,502 8,554,895,762
Loans Payable - Domestic 20 500,000,000 500,000,000
Corporate Notes 21 2,000,000,000 2,000,000,000
Retirement Payable 22 430,497,299 379,426,612
Total Non-Current Liabilities 11,228,347,801 11,434,322,374
Deferred Credits 23 113,032,871 145,904,150
Equity 78,949,698,654 76,929,030,018
See accompanying Notes to Financial Statements.
95,212,828,334 93,729,445,445