Statement of Changes in Net Assets-Equity ANNEX C

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Annex D (City, Municipality, Province) Statement of Changes in Net Assets/Equity For the Year Ended December 31, 2016 (In thousands of Pesos) Accumulated Surpluses/(Deficits) 2016 2015 Balance at January 1, 2016 xxx xxx Add (Deduct) Change in Accounting Policy xxx xxx Prior Period Errors xxx xxx Restated Balance xxx xxx Add (Deduct) Changes in net assets/equity during the year Adjustment of net revenue recognized directly in net assets/equity xxx xxx Surplus (Deficit) for the period xxx xxx Total recognized revenue and expenses for the period xxx xxx Balance at December 31, 2016 xxx xxx

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Transcript of Statement of Changes in Net Assets-Equity ANNEX C

Annex D

(City, Municipality, Province)Statement of Changes in Net Assets/EquityFor the Year Ended December 31, 2016(In thousands of Pesos)

Accumulated Surpluses/(Deficits)

2016 2015Balance at January 1, 2016 xxx xxxAdd (Deduct) Change in Accounting Policy xxx xxx Prior Period Errors xxx xxxRestated Balance xxx xxxAdd (Deduct) Changes in net assets/equity during the yearAdjustment of net revenue recognized directly in net assets/equity xxx xxxSurplus (Deficit) for the period xxx xxxTotal recognized revenue and expenses for the period xxx xxxBalance at December 31, 2016 xxx xxx