Assets and Liabilities

(as of December 2003)


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DRILON, Franklin

 

Total Assets (in pesos): 20,490,761.75

Total Liabilities (in pesos): 7,515,999.00

Net Worth (in pesos): 12,974,762.75

 

Real Properties

 

Type

Address

Year Acquired

Mode of Acquisition

Assessed Value

Fair Market Value

Acquisition Cost

Unclassified property

Mariveles, Bataan

1971

purchased

not given

not given

200,000.00

Unclassified property

Muntinlupa, Metro Manila

1999

purchased

not given

not given

731,500.00

Unclassified property

Cubao, Metro Manila

1999

purchased

not given

not given

10,624,700.55

 

 

Personal Assets

 

Type

Year Acquired

Acquisition Cost

Cash on hand and in bank

not given

591,753.00

Jewelry

not given

450,000.00

Furniture and fixtures

not given

750,000.00

Shares of stock - Violet Orchids Holdings Corp.

not given

4,741,310.00

Shares of stock - Seafront Petroleum

not given

2,931.00

Shares of stock - Marsteel Corp.

not given

2,323.00

Shares of stock - Balabac Resources and Holdings Co.

not given

53,333.00

Shares of stock - Philippine Long Distance Telephone Co.

not given

2,750.00

Shares of stock - San Miguel Corp.

not given

256.00

Shares of stock - Piltel

not given

70,500.00

Shares of stock - Cebu Holdings Corp.

not given

412,500.00

Insurance policy - Phil. American Insurance Co.

not given

949,533.00

Insurance policy - Insular Life Insurance Co.

not given

41,625.00

Insurance policy - Sunlife of Canada

not given

397,747.20

Motor vehicle - Honda Accord 1998

not given

813,000.00

Motor vehicle - Honda Civic 2002

not given

780,000.00

 

 

Liabilities

 

Nature

Amount

Loan and subscriptions payable - Violet Orchids Holdings Corp.

7,000,000.00

Loan and subscriptions payable - AQS Equity Ventures Inc.

500,000.00

Loan and subscriptions payable - Balabac Resources & Holdings Co. Inc.

15,999.00