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(To be filled up by the BIR)

DLN: BCS No. PSIC:

Republika ng Pilipinas Annual Income BIR Form No.


Kagawaran ng Pananalapi
Kawanihan ng Rentas Internas
For Corporations and Partnerships
Tax Return 1702
October 2002 (ENCS)
Fill in all applicable spaces. Mark all appropriate boxes with an “X”.
1 For the Calendar Fiscal 3 Amended Return? 4 No. of sheets attached 5 ATC
2 Year Ended
( MM / YYYY )
1 2 2 0 1 0 Yes No
Part I Background Information
6 TIN 7 RDO Code 8 Line of Business/
0 0 0 4 0 5 0 6 0 0 3 9 Occupation
Construction
9 Taxpayer's Name
ROOTS PACIFIC CORPORATION
10 Registered Address 11 Zip Code
2ND Flr. JGS Bldg. # 30 Sct. Tuazon Cor. Dr. Lascano St. Kamuning, Quezon City 1 1 0 3
12 Are you availing of tax relief under Special Law/ 12B
International Tax Treaty? 12A Yes No If yes, specify
13 Date of Incorporation/Birth 13A Date of Registration with BIR 13B
(MM/DD/YYYY) (MM/DD/YYYY)
Part II Computation of Tax
EXEMPT TAXABLE
Special Rate Regular Rate
14 14 14
14 Sales/Revenues/Receipts/Fees (Sch.1) A B C
14,609,384.37
15 15 15
15 Less: Cost of Sales/Services (Sch.2/3) A B C
8,965,246.54
14, 609, 384.37
16 16 16
16 Gross Income from Operation A B C
5,644,137.83
17 17 17
17 Add: Non-Operating & Other Income A B C
(Schedule 4) 18 18 18
18 Total Gross Income A B C
5,644,137.83
19 19 19
19 Less: Deductions (Section D) A B C
4,782,186.24
20 20
20 Taxable Income……………………………………………………………………………A B
861,951.59
21A 21B
21 Tax Rate (except MCIT Rate)…………………………………………………………………………………..
30%
22A 22
22 Income Tax ……………………….. ……. ……………………………………………….. B
258,585.48
23A
23 Less: Share of Other Agencies (RA 7916/8748, etc)……………………

24 Minimum Corporate Income Tax (MCIT)(Section B)…………………………………………………………………… 24


5,171.71
25 Tax Due
25A Tax on transactions under Regular Rate (Normal Income Tax or Minimum Corporate Income Tax whichever is higher)………..
25A
258,585.48
25B Less: Unexpired Excess of Prior Year's MCIT over Normal Income Tax Rate 25B
(deductible only if the current year's tax due is the normal rate)(Section C)………………………………………………..
25C
25C Balance (Item 25A less Item 25B)………………………………………………………………………………………………..
25D
25D Add: Tax Due to the BIR on transactions under Special Rate (22A less 23A)………………….
26
26 Aggregate Income Tax Due (Sum of Items 25C and 25D)………………………………………………….
258,585.48
27 Less: Tax Credits/Payments 27A
27A Prior Year's Excess Credits .........................................................................……………………..
27B
27B Tax Payments for the First Three Quarters……………………………………………………..
20,852.15
27C
27C Creditable Tax Withheld for the First Three Quarters …………………………………………..
159,681.70
27D
27D Creditable Tax Withheld Per BIR Form No. 2307 for the Fourth Quarter …. …………………
74,744.64
27E
27E Foreign Tax Credits, if applicable...............................................………………………….
27F
27F Tax Paid in Return Previously Filed, if this is an Amended Return............………………………….
27G
27G Total Tax Credits/Payments (Sum of Items 27A to 27F)……………………………………………………
255,278.49
28
28 Tax Payable/(Overpayment)(Item 26 less Item 27G)......................................……………………………
3,306.99

29 Add: Penalties
Surcharge Interest Compromise
29A 29B 29C 29D

30 Total Amount Payable/(Overpayment) (Sum of Items 28 & 29D)........................................…………… 30


3,306.99
If overpayment, mark one box only: (once the choice is made, the same is irrevocable)
To be refunded To be issued a Tax Credit Certificate To be carried over as tax credit next year/quarter
Part III D e t a i l s of P a y m e n t
Drawee Bank/ Date
Particulars Agency Number MM DD YYYY Amount
31 Cash/Bank 31 Stamp of Receiving
Debit Memo……………………………………………………………………………. Office and
32 Check 32A 32B 32C 32D Date of Receipt
33 Tax Debit 33A 33B 33C
Memo……………………………
34 Others 34A 34B 34C 34D

Machine Validation/Revenue Official Receipt Details (If not filed with the bank)
BIR FORM 1702 (ENCS) - PAGE 2
Section A Gross Income (Attach additional sheet, if necessary)
Schedule 1 Schedule of Sales/Revenues/Receipts/Fees
Special Rate Regular Rate
Creditable Tax Withheld Taxable Amount Creditable Tax Withheld Taxable Amount
35 Sale of Goods/Properties
36 Sale of Services
37 Lease of Properties
38 Total
39 Less: Sales Returns/Discounts
40 Net Sales/Revenues/Receipts/Fees (to Item 14)
Schedule 2 Schedule of Cost of Sales (Trading / Manufacturing)
Amount under Special Rate Amount under Regular Rate
41 Merchandise/Finished Goods Inventory, Beginning
42 Add: Purchases of Merchandise/Cost of Goods Manufactured
43 Total Goods Available for Sale
44 Less: Merchandise/Finished Goods Inventory, End
45 Cost of Sales (to Item 15)
Schedule 3 Schedule of Cost of Sales (Service)
Amount under Special Rate Amount under Regular Rate
46 Direct Charges - Salaries, Wages and Benefits
47 Direct Charges - Materials, Supplies, and Facilities
48 Direct Charges - Depreciation
49 Direct Charges - Rental
50 Direct Charges - Outside Services
51 Direct Charges - Others
52 Total Cost of Services (Sum of Items 46 to 51) (to Item 15)
Schedule 4 Schedule of Other Taxable Income
Special Rate Regular Rate
Nature of Income Creditable Tax Withheld Taxable Amount Creditable Tax Withheld Taxable Amount
53
54
55
56
57
58
59 Total Other Income (to Item 17)
Schedule 5A Computation of Net Operating Loss Carry Over (NOLCO)
60 Gross Income
61 Less: Total Deductions exclusive of NOLCO & Deductions under Special Laws
62 Net Operating Loss Carry Over (to Schedule 5B)
Schedule 5B Computation of Available Net Operating Loss Carry Over (NOLCO) (Attach additional sheet, if necessary)
Net Operating Loss Net Operating Loss Carry Over Net Operating
Year Applied Applied Loss
Amount Expired
Incurred Previous Year Current Year (Unapplied)
63
64
65
66
67 Total (To Item 111)

Section B Computation of Minimum Corporate Income Tax (MCIT) of Current Year

68 Total Gross Income for MCIT purposes


69 Tax Rate 2%
70 Minimum Corporate Income Tax (to Item 24)
Section C Computation of Excess Minimum Corporate Income Tax (MCIT) of Previous Year
Normal Income Tax MCIT Excess of MCIT over Excess MCIT applied Balance MCIT Expired Portion
Year as adjusted Normal Income Tax this Year still allowable of Excess MCIT
as adjusted as Tax Credit
71
72
73
74

BIR FORM 1702 (ENCS) - PAGE 3


Section D Deductions
EXEMPT TAXABLE
Nature of Expense / Deduction Special Rate Regular Rate
75 Salaries and Allowances
76 Fringe Benefits
77 Rental
78 Professional Fees
79 Director's Fees
80 Management and Consultancy Fee
81 Security Services
82 Janitorial and Messengerial Services
83 Tolling Fees
84 Other Outside Services
85 Advertising
86 Commissions
87 Repairs and Maintenance-Labor
88 Repairs and Maintenance-Materials/Supplies
89 Research and Development
90 Office Supplies
91 Royalties
92 Interest
93 SSS, GSIS, Philhealth, HDMF and Other Contributions
94 Insurance
95 Representation and Entertainment
96 Transportation and Travel
97 Fuel and Oil
98 Communication, Light and Water
99 Taxes and Licenses
100 Losses
101 Bad Debts
102 Depreciation
103 Amortization of Intangibles
104 Depletion
105 Charitable Contributions
106 Amortization of Pension Trust Contribution
107 Miscellaneous
108 Others :
109
110 Total Expenses (Sum of Items 75 to 109)
111 Allowance of NOLCO (From Schedule 5B)
112 Total (Sum of Items 110 & 111)
(to Item 19A, B & C)
Section E Reconciliation of Net Income Per Books Against Taxable Income (Attach additional sheets if necessary)
Special Rate Regular Rate
113 Net Income/(Loss)per books………………………………………..
114 Add: Non-deductible Expenses/Other Taxable Income

115 Total (Sum of Items 113 & 114)……………………………………


116 Less: Non-taxable Income and Income subjected to Final Tax

117 Special Deductions:

118 Total (Sum of Items 116 & 117)……………………………


119 Net Taxable Income/(Net Loss) (Item 115 less Item 118)
We declare, under the penalties of perjury, that this return has been made in good faith, verified by us, and to the best of our knowledge and belief,
is true and correct, pursuant to the provisions of the National Internal Revenue Code, as amended, and the regulations issued under authority
thereof.
120 121
President/Vice President/Authorized Representative/Tax Agent Treasurer/Asst. Treasurer/Authorized Representative
(Signature over printed Name) (Signature over printed Name)

Title/Position of Signatory Title/Position of Signatory

TIN of Tax Agent (if applicable) Tax Agent Accreditation No. (if applicable)
Date Issued
Community Tax Certificate Number Place of Issue MM DD YYYY Amount

122 123 124 125

BIR FORM 1702 (ENCS) - PAGE 4


Operation ATC Description Tax Tax Operation ATC Description Tax Tax
Code Rate Base Code Rate Base
DOMESTIC
CORPORATION
01 IC 010 1. In General 01 IC 010 b. On Taxable Activities *same rate
On Taxable Income
a. 1998 34% as in 1a
1999 33% Taxable Income 14 IC 021 8. General Professional Partnership
0%
2000 32% from All sources 9. Corporation covered by Special Law*
RESIDENT FOREIGN
IC 055 b. Minimum Corporate Income Tax 2% Gross Income CORPORATION
02 IC 030 2. Proprietary Educational Institutions
10% On Taxable Income from All sources 09 IC 070 1. In General
02 IC 031 3. Non-stock, Non-Profit Hospitals 10% On Taxable Income from All sources a. 1998 34% On Taxable
04 IC 040 4. GOCC, Agencies & Instrumentalities On Taxable 1999 33% Income from
a. 1998 34% Income from 2000 32% within the Philippines
1999 33% All sources IC 055 b. Minimum Corporate Income 2% Tax On Gross Income
2000 32% 10 IC 080 2. International Carriers 2.5% Gross Philippine Billing
b. Minimum Corporate Income Tax 2% On Gross Income IC 101 3. Regional Operating Headquarters*
10% On taxable Income
IC 041 5. National Gov't & LGU's 4. Corporation covered by Special Law*
a. 1998 34% On Taxable IC 190 5. Offshore Banking 10% On Gross Taxable Income on
1999 33% Income from Units (OBU's) Foreign Currency Transaction
2000 32% Proprietary activities not subjected to Final Tax
b. Minimum Corporate Income Tax 2% On Gross Income a. 1998 34% On Taxable Income
08 IC 020 6. Taxable Partnership 1999 33% Other Than Foreign
a. 1998 34% On Taxable 2000 32% Currency Transaction
1999 33% Income from IC 191 6. Foreign Currency 10% On Gross Taxable Income on
2000 32% All sources Deposit Units (FCDU's) Foreign Currency Transaction
IC 055 b. Minimum Corporate Income Tax 2% On Gross Income not subjected to Final Tax
7. Exempt Corporation a. 1998 34% On Taxable Income
13 IC 011 a. On Exempt Activities 0% 1999 33% Other Than Foreign
2000 32% Currency Transaction

* PLEASE REFER TO REVENUE DISTRICT OFFICES


BIR Form No. 1702 - Annual Income Tax Return (For Corporations and Partnerships)
GUIDELINES AND INSTRUCTIONS
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e Income on
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o Final Tax

e Income on
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o Final Tax