Financial Report
NOTE : DETAILED FINANCIAL STATEMENT IS AVAILABLE IN THE ADMIN OFFICE
CASH ( As of May 31, 2018 )
1. BPI Westgrove Account #1451101184 (OPEX) Php 1,387,840.00
2. BPI Westgrove Account # 14511141 (CAPEX) Php 533,840.16
3. BPI Westgrove Account # 1451101524 (NEW ACCOUNT) Php 10,000.00
4. Petty Cash Php 5,000
2. BPI Westgrove Account # 14511141 (CAPEX) Php 533,840.16
3. BPI Westgrove Account # 1451101524 (NEW ACCOUNT) Php 10,000.00
4. Petty Cash Php 5,000
TOTAL Php 1,936,684.94
TOTAL AMOUNT COLLECTED (June 2017-May 2018) : Php 4,001,682.37
- Association Dues (Php 3,801,594.75) 95.1%
- Road Users’ Fees (Php 47,425.00) 1.2%
- Penalties (Php 32,511.04) 0.8%
- Car Sticker Fees (Php 5,000.00) 0.1%
- Others (Php 115,151.58) 2.8%
EXPENSES
- Ground Maintenance Services (Php115,000.00) 38.1%
- Security Services (Php 84,000.00) 27.8%
- Electricity – street lights/common areas (Php 50,000.00) 16.6%
- Administration Support Services (Php 20,800.00) 6.9%
- Garbage Collection (Php 20,000.00) 6.6%
- Repairs and Maintenance (Php 5,000.00) 1.7%
- Communication – phone/internet (Php 2,500.00) 0.8%
- Water – common areas (Php 2,000.00) 0.7%
- Miscellaneous (Php 2,500.00) 0.8%
AVERAGE MONTHLY EXPENSES Php 301,800.00
- Number of Lots in Tokyo Mansions = 175
- Homeowners/Lot owners/Corporate Entities = 132
- Target Collection per Month = Php 512,232.00
- Collection Rate = 60%
AVERAGE COLLECTION PER MONTH Php 307,339.20
TOTAL RECEIVABLES Php 6,386,987.14
- Association Dues (Php 6,086,987.14)
Cathay Land – Php 1,393,134.00 (23%)
- Other Receivables:
Big J Construction – Php 300,000.0-