Financial Highlights, Maguindanao 2003

ARMM Financial Highlights, 2003
(in thousand pesos)
Balance Sheet
Local Government Units
ARMM
Basilan
Lanao Del Sur
Maguindanao
Sulu
Tawi-Tawi
Class
3
1
2
3
4
Total Assets
2,248,080
539,996
949,707
376,107
160,192
222,079
Total Liabilities
421,674
205,876
42,172
17,453
17,453
28,244
Total Equity
1,826,406
334,120
907,536
248,177
142,739
193,834
Total Income
1,966,956
264,500
605,825
506,141
314,214
276,276
Statement of Income and Expenses
Rank
1
5
1
2
3
4
2
67
23
32
62
65
IRA
1,914,124
249,273
592,994
486,294
309,101
276,262
Property Tax
2,985
254
494
1,638
592
8
Business Income
851
816
5
29
Other Income
48,997
13,957
12,338
18,204
4,492
7
Total Expenses
1,716,579
216,296
459,014
504,270
287,833
249,167
Rank
1
5
2
1
3
4
2
69
25
23
60
66
PS
680,479
130,348
186,585
193,130
100,875
69,541
MOOE
1,016,774
79,204
272,410
298,627
186,930
179,602
FE
19,326
6,744
18
12,513
28
24
Net Income
250,377
48,204
146,811
1,871
26,382
27,110
1
2
1
5
4
3
2
47
13
75
62
61
Rank
% of Net Income to Total Income
18
24
0
8
10
Source: COA