Statement of Cash Flows

Municipality of Cuyapo
Province of Nueva Ecija
STATEMENT OF CASH FLOWS
GENERAL FUND
For the Year Ended December 31, 2010
With Comparative Figures for CY 2009

       
2010
2009
Cash Flows From Operating Activities    
  Cash Inflows      
  Share from Internal Revenue Allotment   76,967,010.00     71,396,772.00
  Collection from Taxpayers   15,076,673.94     25,383,035.06
  Receipts from sale of goods and services    
  Interest Income          16,966.65           16,240.81
  Dividend Income    
  Other Receipts     5,438,711.65     15,372,107.24
  Total Cash Inflows   97,499,362.24   112,168,155.11
  Cash Outflows      
  Payments to -    
  Suppliers/Creditors   32,316,307.07     60,819,619.62
  Employees   58,270,176.29     48,397,591.49
  Interest Expenses     2,530,288.74       1,648,725.27
  Other Disbursements    
  Total Cash Outflows   93,116,772.10   110,865,936.38
  Net Cash From Operating Activities     4,382,590.14       1,302,218.73
  Cash Provided by (Used In)    
Cash Flows From Investing  Activities    
  Cash Inflows      
  Sale of Property, Plant and Equipment    
  Sale of Debt Securities of Other Entities    
  Collection of Principal on Loans to Other Entities  
  Total Cash Inflows    
  Cash Outflows      
  Purchase of Property, Plant and Equipment and Public Infrastructures    
  Purchase of Debt Securities of Other Entities    
  Grant/Loans to Other Entities    
  Total Cash Outflows    
  Cash Provided by (Used In)    
Cash Flows From Financing Activities    
  Cash Inflows      
  Issuance of Debt Securities    
  Acquisition of Loan     3,319,261.13  
  Total Cash Inflows     3,319,261.13  
  Cash Outflows      
  Retirement/Redemption of Debt Securities    
  Payment of Loan Amortization     5,889,057.89       2,351,721.72
  Total Cash Outflows     5,889,057.89       2,351,721.72
  Cash Provided by (Used In)    
Net Cash Provided By (Used In)    
Cash at the Beginning of the Period     1,218,843.01       2,268,346.00
     
Cash at the End of the Period        593,950.37       1,218,843.01
           
      Certified Correct:    
           
   
(sgd)
 GEORGE D. YSMAEL    
      Mun. Accountant-OIC