2013

2014

P 337,142.00
80,000.00
82,858.00
100,000.00
P 600,000.00

P 345,714.00
88,000.00
66,286.00
100,000.00
P600,000.00

-0-

-0-

P 100,000.00
100,000.00
100,000.00
100,000.00
100,000.00
100,000.00
P 600,000.00

P 100,000.00
100,000.00
100,000.00
100,000.00
100,000.00
100,000.00
P 600,000.00

Assets

Cash
Pigs
Pig Pen (Net)
Land
Total Assets
Liabilities and Equity
Liabilities

Partner's Equity

Lee, Capital
Go, Capital
Mabborang, Capital
Prospero, Capital
Allauigan, Capital
Dela Cruz, Capital
Total Partner's Equity

2015

344,686.00
105,600.00
49,714.00
100,000.00
P600,000.00

-0-

P 100,000.00
100,000.00
100,000.00
100,000.00
100,000.00
100,000.00
P 600,000.00

Friend's Piggery
Statement of Cash Flows
For the Year Ended December, 31, 2013
Cash Inflows
Cash Sales
Cash Contributions from Partners
Total Cash Inflows

P 513, 600.00
500,000

P 1,013, 600.00

P 1,013, 600.00

P80,000.00
215,340.00
99,430.00
15,000.00
20,000.00
36,000.00
30,000.00
30,000.00
20,000

P 545, 770.00

Cash outflows
Cost of Pigs
Cost of Feeds
Construction of Pig Pen
Consultant's Fee
Vitamins and Medicines
Electric Bill
Registration Fee
Water Bill
Miscellaneous Fee
Profit Distribution to Partners
Net Cash Inflow

P130, 688.00

P130, 688.00
P 337,142.00

Particulars
Balance 1/1/13
Share in Net Income

Particulars
Profit Distribution
Balance Dec. 31

Lee
P100,000.00
21,781.33
P121,781.33

Go
P100,000.00
21,781.33
P121,781.33

(P21,781.33)
P 100,000.00

(P21,781.33)
P 100,000.00

Friend's Piggery
Statement of Changes in Equity
December, 31, 2013

Mabborang
P100,000.00
21,781.33
P121,781.33

Prospero
P100,000.00
21,781.33
P121,781.33

Allauigan
P100,000.00
21,781.33
P121,781.33

(P21,781.33)
P 100,000.00

(P21,781.33)
P 100,000.00

(P21,781.33)
P 100,000.00

Dela Cruz
P100,000.00
21,781.33
P121,781.33

TOTAL

(P21,781.33)
P 100,000.00

P 130,688.00

Friend's Piggery
Statement of Cash Flows
For the Year Ended December, 31, 2014
Cash Inflows
P611,640.00
Cash Sales

Cost of Feeds
Consultant's Fee
Vitamins and Medicines
Electric Bill
Water Bill
Miscellaneous Fee
Profit Distribution to Partners
Net Cash Inflow
Add: Cash, December 31,2013

215,340.00
15,000.00
20,000.00
36,000.00
30,000.00
20,000
P266,728.00

14

P611,640.00

336,340.00
P266,728.00
P 8,572.00
337,142.00
P345,714.00

Friend's Piggery
Statement of Changes
December, 31, 20

Particulars
Balance 1/1/13
Share in Net Income

Lee
P100,000.00
44,454.67
P144,454.67

Go
P100,000.00
44,454.67
P144,454.67

Profit Distribution
Balance Dec. 31

-44,454.67
P 100,000.00

-44,454.67
P 100,000.00

Friend's Piggery
Statement of Changes in Equity
December, 31, 2014

Mabborang
P100,000.00
44,454.67
P144,454.67

Prospero
P100,000.00
44,454.67
P144,454.67

Allauigan
P100,000.00
44,454.67
P144,454.67

-44,454.67
P 100,000.00

-44,454.67
P 100,000.00

-44,454.67
P 100,000.00

Dela Cruz
P100,000.00
44,454.67
P144,454.67

TOTAL

-44,454.67
P 100,000.00

P266,728.02

Friend's Piggery
Statement of Cash Flows
For the Year Ended December, 31, 2015
Cash Inflows
P808,776.00
Cash Sales

Cost of Feeds
Consultant's Fee
Vitamins and Medicines
Electric Bill
Water Bill
Miscellaneous Fee

215,340.00
15,000.00
20,000.00
36,000.00
30,000.00
20,000

Profit Distribution to Partners

Net Cash Inflow
Add: Cash, December 31,2014
Cash, December 31, 2015

473,464.00

15

P808,776.00

336,340.00
473,464.00
(1,028.00)
345,714.00
P344,686.00

Friend's Piggery
Statement of Changes
December, 31, 20

Particulars
Balance 1/1/14
Share in Net Income

Lee
P100,000.00
78,910.67
P178,910.67

Go
P100,000.00
78,910.67
P178,910.67

Profit Distribution
Balance Dec. 31

-78,910.00
P 100,000.00

-78,910.00
P 100,000.00

Friend's Piggery
Statement of Changes in Equity
December, 31, 2015

Mabborang
P100,000.00
78,910.67
P178,910.67

Prospero
P100,000.00
78,910.67
P178,910.67

Allauigan
P100,000.00
78,910.67
P178,910.67

-78,910.00
P 100,000.00

-78,910.00
P 100,000.00

-78,910.00
P 100,000.00

Dela Cruz
P100,000.00
78,910.67
P178,910.67

TOTAL

-78,910.00
P 100,000.00

P473,460.00

Friend's Piggery
Income Statement
For the Year Ended December 31, 2013

Revenue
Sales

P513,600.00

Total

Expenses
Cost of Feeds
Consultant's Fee
Vitamins and Medicines
Miscellaneous
Water Bill
Electrical Bill
Registration Fee
Depreciation

P 215, 340.00
15,000.00
20,000.00
20,000.00
30,000.00
36,000.00
30,000.00
16,572.00

Friend's Piggery
Income Statement
ar Ended December 31, 2013

P 513,600.00

P382,912.00
P130,688.00

Friend's Piggery
Income Statement
For the Year Ended December 31, 2014

Revenue
Sales
Unrealized Gain-Change in Market Value of Biological Assets
Total

Expenses
Cost of Feeds
Consultant's Fee
Vitamins and Medicines
Miscellaneous
Water Bill
Electrical Bill
Depreciation
Net Income

P 215, 340.00
15,000.00
20,000.00
20,000.00
30,000.00
36,000.00
16,572.00

14

P611,640.00
8,000.00
P619,640.00

352,912.00
P 266,728.00

Friend's Piggery
Income Statement
For the Year Ended December 31, 2015

Revenue
Sales
Unrealized Gain-Change in Market Value of Biological Assets
Total

Expenses
Cost of Feeds
Consultant's Fee
Vitamins and Medicines
Miscellaneous
Water Bill
Electrical Bill
Depreciation
Net Income

P 215, 340.00
15,000.00
20,000.00
20,000.00
30,000.00
36,000.00
16,572.00

2015

P 808,776.00
17,600.00
P826,376.00

352,912.00
P 473,464.00

FIRST YEAR OF OPERATION

Construction of Pig Pen

MATERIALS
Cement
Steel bars 8mm
Steel bars 10mm
Galvanized Iron
Hollow Blocks
Screensand
Pure Sand
Nails
Electrical Wire
Bulb
Junction Box
Mainswitch
Tumbler Switch
Fuse

246
26
16
16
200
4
2
3
3
2
3
1
1
1

pcs
pcs
bars
sheets
pcs
load
load
mix
packs
pcs
pcs
pcs
pcs
pcs

WATER SUPPLY
PVC Elbows
PVC Pipes, 3mx1"
Faucet
LABOR
Foreman
Mason

10
25
1
per day

pcs
pcs
pcs
days work

1
3

20.00
60.00

3
1

20,000.00
20,000.00

Miscellaneous
TOTAL

Purchase of Pig
Inahin
Boar
Electric Bill
Registration Fee
Water Bill

12 months

Costs of Maintenance
Feeds
Feeds for 4 Pigs
Feeds for 3 inahin

40
9
9

1,500.00
1290
1,420.00

30
30
30

1,520.00
1,465.00
1,380.00

Vitamins and Medicines for the Pigs

Consultants Fee (veterinarian)
Feeds for 30 piglets
(For the first 30 days)
(for the next 30 days)
(for the last 30 days)
Vitamins and Drugs
Miscellaneous
TOTAL

FIRST YEAR OF OPERATION

50.00
130.00
150.00
350.00
10.00
3,000.00
2,500.00
200.00
500.00
150.00
1,500.00
500.00
1,000.00
150.00

12,300.00
3,380.00
2,400.00
5,600.00
2,000.00
12,000.00
5,000.00
600.00
1,500.00
300.00
4,500.00
500.00
1,000.00
150.00

25.00
150.00
200.00

250.00
3,750.00
###

51,230.00

10,000.00
24,000.00
10,000.00

60,000.00
20,000.00

(bill per month 3,000)

36,000.00
30,000.00
30,000.00

48,200.00

80,000.00

60,000.00
11610
12,780.00

60,000.00
11,610.00
12,780.00

7,500.00

7,500.00

15,000.00

15,000.00

45,600.00
43,950.00
41,400.00

###
###
###

12,500.00
10,000.00

###
###

202,980.00

153450
P535,770.00

SCHEDULE OF SALES
FIRST YEAR
Sales
Belly
Spare ribs
Porkchop
maskara
laman loob
pata
samsam
lomo
boneless
tarapilla
liver

30
30
30
30
30
30
30
30
30
30
30

heads
heads
heads
heads
heads
heads
heads
heads
heads
heads
heads

x 30
x 15
x 10
x
x
x
x
x
x
x

5
4
10
10
7
8
5

180.00
150.00
150.00
150.00
150.00
130.00
150.00
180.00
160.00
150.00
160.00

SALES
162,000.00
67,500.00
45,000.00
4,500.00
22,500.00
19,500.00
45,000.00
54,000.00
33,600.00
36,000.00
24,000.00

513,600.00

194,400.00
81,000.00
54,000.00
5,400.00
27,000.00
18,720.00
54,000.00
64,800.00
40,320.00
43,200.00
28,800.00

611,640.00

SCHEDULE OF SALES
SECOND YEAR
Sales
Belly
Spare ribs
Porkchop
maskara
laman loob
pata
samsam
lomo
boneless
tarapilla
liver

30
30
30
30
30
30
30
30
30
30
30

heads
heads
heads
heads
heads
heads
heads
heads
heads
heads
heads

x 30
x 15
x 10
x
x
x
x
x
x
x

5
4
10
10
7
8
5

216.00
180.00
180.00
180.00
180.00
156.00
180.00
216.00
192.00
180.00
192.00

SCHEDULE OF SALES
THIRD YEAR

Sales
Belly

30 heads x 30

252.00

226,800.00

Spare ribs
Porkchop
maskara
laman loob
pata
samsam
lomo
boneless
tarapilla
liver

30
30
30
30
30
30
30
30
30
30

heads
heads
heads
heads
heads
heads
heads
heads
heads
heads

x 15
x 10
x
x
x
x
x
x
x

5
4
10
10
7
8
5

252.00
252.00
252.00
252.00
218.40
252.00
302.40
268.80
252.00
268.80

113,400.00
75,600.00
5,400.00
37,800.00
26,208.00
75,600.00
90,720.00
56,448.00
60,480.00
40,320.00

808,776.00

cos
0.285714
0.142857
0.095238
0.009524
0.047619
0.038095
0.095238
0.095238
0.066667
0.07619
0.047619
1

61,525.71
30,762.86
20,508.57
2,050.86
10,254.29
8,203.43
20,508.57
20,508.57
14,356.00
16,406.86
10,254.29
215,340.00