Assets and Liabilities

(as of July 2004)


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WACNANG, Lawrence  

 

Total Assets (in pesos):  16,585,700.00

Total Liabilities (in pesos):  6,800,000.00

Net Worth (in pesos):  9,785,700.00

 

Real Properties

 

Type

Address

Year Acquired

Mode of Acquisition

Assessed Value

Fair Market Value

Acquisition Cost

House and lot

Bulanao, Tabuk, Kalinga

1989

purchased

not given

3,200,000.00

 480,700.00

Commercial lot and building

Bulanao, Tabuk, Kalinga

not given

purchased (with loan)

not given

not given

3,700,000.00

Agricultural land

Tabuk, Kalinga

1989

purchased

not given

1,000,000.00

225,000.00

House and lot

Parañaque, Metro Manila

1992

purchased (with loan)

not given

2,500,000.00

 2,100,000.00

Agricultural land - rice land

Tulgao, Kalinga

not given

inherited

not given

 250,000.00

0.00

House and lot

Quezon City

2001

not given

not given

not given

 4,400,000.00

Agricultural land

Callagdao

not given

purchased

not given

 700,000.00

 700,000.00

 

 

Personal Assets

 

Type

Year Acquired

Acquisition Cost

Appliances

various years

 500,000.00

Livestock

1990-present

 480,000.00

Motor vehicle - 4x4 UV Ford

2000

 1,600,000.00

Motor vehicle - Nissan van (previously owned)

not given

 400,000.00

Cash

not given

 2,000,000.00

 

 

Liabilities

 

Nature

Amount

Loans

 5,000,000.00

Spouse’s loans

 1,800,000.00