GLOBAL VISIONS EVENTS AND MARKETING NETWORK, INC.

Chart of Accounts

ACCOUNTS

CASH AND CASH EQUIVALENTS

Cash in Bank - Dollar Account
Cash in Bank - Checking Account (BPI)
Cash In Bank - Checking Account 004650063399
Cash in bank - Payroll Account
Cash in Bank - Savings Account
Cash Equivalents
Cash on Hand
Petty Cash

FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS

Held for Trading Securities
Financial Assets Designated at Fair Value
Investments in Securities with No Ready Market

TRADE AND OTHER RECEIVABLES

Accounts Receivables
Allowance for Doubtful Accounts - Accounts Receivables
Notes Receivable
Interest Receivable
Advances to GPAN
Advances to Hulma
Advances to Officers and Employees
Advances to OOTB
Other Advances & Deposits
Advances to Shareholders
Due from Related Parties
Other Receivables
Allowance for Doubtful Accounts - Other Receivables

INVENTORY
Construction Materials Inventory
Events and Activations Inventory
Maintenance Supplies
Operating Supplies
Office Supplies
Cleaning Supplies
Others

PREPAYMENTS
Prepaid Rent
Prepaid Insurance
Prepaid Supplies
Input Value Added Tax
Prepaid Taxes - MCIT
Prepaid Taxes - Tax Credits from previous year other than MCIT
Prepaid Taxes - Creditable Withholding Tax
Other Prepayments

OTHER CURRENT ASSETS

Other Current Assets

PROPERTY, PLANT, AND EQUIPMENT

Leaseholds and Leasehold Improvements
Accumulated Depreciation-Leaseholds
Furniture, Fixtures & Equipment
Accumulated Depreciation - Furniture, Fixtures & Equipment
Machinery and Equipment
Accumulated Depreciation-Machinery and Equipment
Transportation Equipment
Accumulated Depreciation - Transportation Equipment
Others- Property & Equipment
Accumulated Depreciation-Others- Property & Equipment
Investment Properties
Accumulated Depreciation - Investment Properties
Revaluation Increment-Property & Equipment
Accumulated Depreciation-Revaluation Increment-Property & Equipment

INTANGIBLE ASSETS
Computer Software
Accumulated Amortization - Computer Software
Other Intangible Assets
Accumulated Amortization - Other Intangible Assets

LONG-TERM INVESTMENTS
Investment in Subsidiaries - HULMA MANILA CUSTOM FABRICATION, INC.
Investment in Subsidiaries - GLOBAL PRIME ACTIVATIONS NETWORK, INC.
Investment in Associates
Investment in Joint Venture
Other Long term investments

OTHER NON-CURRENT ASSETS

Deferred Tax Assets
Refundable Deposit
Retirement Pension Asset
Retention Bond Receivable
Miscellaneous Assets

LIABILITIES

TRADE AND OTHER PAYABLES

Accounts Payable
Dividends Payable
Notes Payable
Intercompany Payables

DUE TO BIR
Due to BIR - VAT Payable
Due to BIR - Withholding Tax-Compensation
Due to BIR - Withholding Tax-Expanded
Due to BIR - Withholding Tax-Final
Due to BIR - Withholding Tax-Others
Due to BIR - Documentary Stamp Tax Payable
Due to BIR - Stock Transaction Tax Payable
Due to BIR - Other Taxes Payable
Output Value Added Tax
Deferred Output VAT
Income Tax Payable

OTHER GOVERNMENT PAYABLES

SSS Loan Payable
SSS Premium Payable
PhilHealth Premium Payable
ECC Payable
HDMF Premium Payable
HDMF Loan Payable
Miscellaneous Contributions

ADVANCE DEPOSITS
Advance deposits
ACCRUALS
Accrued Payables
Accrued Utilities
Accrued Salaries
Accrued Expenses-Other

CURRENT PORTION-LONG TERM DEBT

Current portion- long term debt

OTHER CURRENT LIABILITIES

Other current liabilities
Medicare payable

NON-CURRENT LIABILITIES
Loans Payable
Non-current portion- long term debt
Other non-current liabilities

STOCKHOLDERS' EQUITY

CAPITAL
Ordinary Share Capital
Preference Share Capital

SHARE PREMIUM
Treasury Shares

TREASURY SHARES
Share Premium - Original Issuance

RETAINED EARNINGS
Prior Period Adjustments
Other Comprehensive Income Items
Dividends Declared
Income Summary

REVENUE
Agency Service Fee

CONSTRUCTION REVENUE
Construction Revenues - Permanent Installations
Construction Revenues - Non-Permanent Installations
Construction Revenues - Fit Outs
Construction Revenues - Furnitures & Fixtures
Fabrications
Printing Revenues
Others

WAREHOUSE AND LOGISTICS

Warehouse Revenues
Trucking & Van Service Revenues

REVENUE FROM EVENTS AND ACTIVATIONS

In-Trade Activations
Special Events Activations
Market Activations
Other Activations

RENTAL INCOME
Condo Rental Revenues
Other Rental Revenues

INVESTMENT INCOME
Dividend Income
Interest Income
Investment Income
Unrealized Gain
Other investment income

OTHER INCOME
Sales from Scrap Items
Gain on Sale of equipment
Gain/ (Loss) on Sale of Financial Assets at Fair Value through Profit or Loss
Unrealized Market Gain/ (Loss) on Financial assets at Fair Value through Profit or Loss
Foreign Exchange Gain/ (Loss)
Unrealized foreign Exchange Gain/(Loss)
Gain/ (Loss) on Sale of Other Assets
Miscellaneous Revenues
Share of Profit/(Loss) of Associates
Share of Profit/(Loss) in Joint Ventures

COST OF SERVICES

COST OF SERVICES- DIRECT MATERIALS

COST OF SERVICES - PRODUCTION COMPENSATION AND BENEFITS
Salaries and Benefits- Operations
Salaries and Wages- Operations
13th Month & Compensation- Related Benefits- Operations
Employees' Welfare-Operations
SSS Contributions- Operations
PHIC Contributions- Operations
EC Contributions- Operations
HDMF Fund Contributions- Operations
Employee Retirement Cost- Operations

COST OF SERVICES - OVERHEAD

Rental - Operations
Association dues - Operations
Light, Water and Power - Operations
Communication - Operations
Contract Labor - Operations
Depreciation - Operations
Repairs and Maintenance - Operations
Supplies - Operations
Transportation & travel - Operations
Delivery Expenses - Operations
Fuel and Oil

COST OF SERVICES - OUTSIDE SERVICES

OPERATING EXPENSES
Amortization- Intangible Assets
Advertising & Promotions
Bank Charges
Charitabe Contributions
Commissions
Condominium Dues and Fees

DEPRECIATION
Depreciation and Amortization
Depreciation- Leasehold Improvements
Depreciation- Building
Depreciation- Condominium
Depreciation- Furniture, Fixtures & Equipment
Depreciation- Transportation Equipment
Depreciation- Revaluation
Depreciation- Others- Property, Plant & Equipment

Directors Fees
Fringe Benefits
Gas & Oil

IMPAIRMENT LOSSES
Impairment Losses-Investments
Impairment Losses- Investment Property
Impairment Losses- Property, Plant & Equipment
Impairment Losses- Intangible Assets
Impairment Losses- Other Non-Current Assets

Insurance
Interest Expense
Janitorial & Messengerial Services
Meeting Expenses
Management & Consultancy Fees
Miscellaneous Expense
Office Supplies Expense
Penalties
Postage, Telephone & Communication

PRODUCTION COMPENSATION AND BENEFITS- ADMINISTRATIVE

Salaries and Benefits- Administrative
Salaries and Wages- Administrative
13th Month & Compensation- Related Benefits- Administrative
Employees' Welfare-Administrative
SSS Contributions- Administrative
PHIC Contributions- Administrative
EC Contributions- Administrative
HDMF Fund Contributions- Administrative
Employee Retirement Cost- Administrative

Professional Fees

PROVISONS FOR CREDIT LOSSES

Provision for Credit Losses- Accounts Receivables
Provision for Credit Losses- Other Trade Receivables

PROVISONS FOR INCOME TAX

Provision for Income Tax- Regular Corporate Income Tax (RCIT)
Provision for Income Tax- Deferred
Provision for Income Tax-Minimum Corporate Income Tax (MCIT)
Provision for Income Tax- Final