Policy Guidelines and Procedures in the Preparation and Submission of Budget Estimates for FY 2009

April 23, 2008

DBM CORPORATE BUDGET MEMORANDUM NO. 28-08

 

1.0 PURPOSE

1.1 To provide the overall macroeconomic and fiscal policy framework and priority thrusts for FYs 2009-2011 within the context of the Medium-Term Philippine Development Plan, 2004-2010 (MTPDP) and other policy developments;

1.2 To prescribe the guidelines and procedures in the preparation and submission of requests for budgetary assistance from the national government in FY 2009;

1.3 To prescribe guidelines and procedures in the preparation of financial and related data to be incorporated in the Budget of Expenditures and Sources of Financing for FYs 2007-2009 and the Corporate Operating Budget (COB) for FY 2009; and ACTESI

1.4 To set the schedule of budget preparation activities.

2.0 BUDGET FRAMEWORK

2.1 The FY 2009 Budget shall uphold the commitment to fiscal consolidation and a balanced budget next year consistent with the medium term macroeconomic and fiscal framework under the MTPDP as updated by the Development Budget Coordination Committee. Hence the budget, as a principal tool for national development shall prioritize key strategic programs and activities supportive of the 10 Point Legacy Agenda/SONA commitments and Millennium Development Goals to strengthen the foundation towards achieving sustainable prosperity and accelerate growth.

2.2 Reforms in public expenditure management such as the Medium Term Expenditure Framework (MTEF) and Organizational Performance Indicator Framework (OPIF) shall continue to be vigorously pursued and mainstreamed in the planning, programming and budgeting systems as well as in the structure and composition of agency programs, activities and projects (P/A/Ps).

2.3 The 2009 budget preparation exercise shall seek to achieve the following primary objectives:

2.3.1 Ensure consistency of the national budget to the President's development agenda within the context of overall fiscal discipline and consolidation through the Medium-Term Expenditure Framework (MTEF). DEICaA

2.3.2 Encourage agencies to focus efforts on the delivery of outputs directly contributing to their organizational goals; and clarify their performance and accountability consistent with Organizational Performance Indicator Framework (OPIF). This means that the Major Final Outputs (MFOs) shall be the primary elements/units for determining resource allocation. Moreover, these MFO allocations shall be the basis of the monitoring and evaluation of agency financial and physical performance.

2.4 MTEF

2.4.1 The MTEF shall be the government planning-budgeting framework to underpin a strategic and policy-based approach to budget preparation. Since it is policy-based and resource constrained, the MTEF provides a more credible approach for resource allocation and predictability in funding to national government agencies, encouraging efficient use of resources within budget constraints. It adopts a medium term perspective to decision-making that considers future costs of existing policies to determine the budget space for new programs/projects. Given the limited fiscal space, these new programs shall support key sectoral priorities vital for growth and competitiveness.

2.4.2 The MTEF was initially implemented in 2006 for the 2007 budget preparation through the formulation for 2007-2009 of Forward Estimates (FEs), or the estimates of the future costs of existing policies. The FEs, were matched with revenues to determine the budget space, available for new policies and priorities. It also served as validation instrument for determining the reasonableness of agency proposals on existing P/A/Ps. TIaDHE

2.4.3 A new set of FEs has been formulated for 2009-2011 and shall be rolled out to future years and updated for policy changes, new program approvals and updated macroeconomic projections.

2.4.4 A paper on budget strategy (PBS) initially prepared in 2006 will continue to be the principal tool in integrating policy and strategic resource allocation. The PBS aims to assess and relate the progress in meeting development objectives with resource allocation.

2.4.4.1 To further bring down public debt with fiscal balance by the year 2009, government shall continuously balance its budget in 2009 and 2010.

2.4.4.2 As approved by the President in 2008, the priority concerns over the medium-term shall continue to be infrastructure build-up, improvement of the quality of basic education, science and technology, health and housing.

2.4.4.3 Following last year's procedure, the decisions of the DBCC and the President on the allocation of the fiscal headroom shall be communicated to concerned departments. The details and other request for new spending proposals shall be covered by a separate issuance. SaICcT

2.5 OPIF

2.5.1 The OPIF is an approach to expenditure management that directs resources towards results or MFOs and measures agency performance by key quality and quantity indicators. It is a process that demonstrates the direct relationships between agency programs and activities and the goods and services that the agency is mandated to deliver to its external clients to achieve organizational outcomes as well as sectoral and societal goals under the MTPDP.

2.5.2 All Departments including their attached agencies/bureaus as well as the Other Executive Offices (OEOs) which have constructed their OPIF logframes and have identified MFOs and Performance Indicators (PIs), shall adopt the OPIF in the 2009 budget preparation.

2.5.3 Departments/agencies/OEOs shall ensure the alignment of their programs, projects and activities with their MFOs. Provisions for unlinked or non-strategic/low priority activities funded within FEs may be reallocated, to enhance core mandates as agencies continuously strive to achieve greater efficiency and value for money in spending government resources. SAHITC

2.6 OTHER PUBLIC SECTOR REFORMS

2.6.1 As a means for further improving efficiency and effectiveness in government operations, GOCCs/GFIs shall incorporate implications of the following public sector reforms on their budget proposals:

2.6.1.1 The Rationalization Program under Executive Order No. 366 shall continue to be the government's vehicle in conducting a strategic review of GOCCs/GFIs operation for the purpose of enhancing economy, efficiency and effectiveness.

2.6.1.2 GOCCs/GFIs are encouraged to undertake reasonable cost recovery measures for goods and services delivered to the public and other agencies to enhance their financial sustainability/assist in the revenue enhancement effort of the government and encourage better service delivery.

2.6.1.3 The mandatory use of the Philippine Government Electronic Procurement System (PhilGEPS), in improving transparency and efficiency in procurement processes pursuant to RA 9184 shall be noted. GOCCs/GFIs shall register with PhilGEPS, strictly post bids and awards, and use harmonized bidding documents and generic manuals issued by the Government Procurement Policy Board (GPPB). IDAESH

3.0 MACROECONOMIC AND FISCAL TARGETS

3.1 GDP is expected to accelerate in 2009, from 6.0 percent in 2008 to 6.5 percent from stronger growth in all the sectors. The impact of the higher oil prices will be offset by greater allowance for more spending on construction.

3.1.1 The agriculture sector is seen to expand by as much as 6.0 percent annually on account of its five-point program currently being implemented which focuses on (1) market access; (2) rural infrastructure; (3) post harvest and storage facilities; (4) credit, financial and insurance support; and (5) research, development rural extension work and training.

3.1.2 Investments would also be intensified in 2009 as the government in partnership with the private sector continues to upgrade the country's infrastructure. The mining, utilities, construction and transportation sub-sectors would benefit the most from these projects. AIHDcC

3.1.3 The services industry is also seen to grow with strengthened tourism sector and with more liberalized air travel policies.

3.2 For 2009-2010, the economy is expected to be propelled by the private sector assisted by improved investment prospects in all sectors, OFW remittances and by the virtuous circle of prudent fiscal management. Hence, budget preparation shall be based on the following assumptions:

PARTICULARS	2007	2008*	2009*	2010
	Actual
GNP Real Growth (%)	7.8	6.6-7.3	7.5-8.2	8.0-8.8
GDP Real Growth (%)	7.3	6.0-6.7	6.5-7.3	6.9-7.7
Inflation Rate (%)	2.8	4.0-5.0	2.5-4.5	2.5-4.5
91-day T-bill rate (%)	3.4	3.5-5.5	3.5-5.5	3.5-5.5
Foreign Exchange Rate	46.15	40-43	40-43	40-43
	(P/$)
* 2008-2010 figures are preliminary forecasts and are subject to adjustments

3.3 The growth path for 2009-2010 allows for increases in construction spending, to raise investments. With stronger investment spending the industry sector is expected to post higher growth rates to sustain the economy's growth in the coming years. Hence, despite the worsening oil prices, growth is still expected to be higher than the old figures. The GDP will grow by at least 6.5 percent and 6.9 percent in 2009 and 2010, respectively.

3.4 It is expected that inflation will stabilize between rates lower than that in 2008. For budget formulation, the following shall be used:

3.4.1 For 2009 and 2010, the point of estimate to be used shall be 3.5%, the mid point of the forecast inflation rate range of 2.5%-4.5%.

3.5 The peso-to-dollar exchange rate is assumed to remain stable at the P40-P43 range. On the other hand, interest rates, as indicated by the 91-day Treasury bill rate, are projected to increase from the 20:07 rate, to range between 3.5% and 5.5%. For budget formulation, the following shall be used: DTEcSa

3.5.1 Exchange rate of P42:$1 for 2009-2010.

 

3.5.2 Interest rate of 5.5% for 2009-2010.

3.6 Based on the aforesaid macroeconomic assumptions and the fiscal consolidation strategy of the government, the fiscal program for 2009 is as follows:

PARTICULARS		2007	2008	2009
		Actual	Program	Proposed
Levels in Billion Pesos
	Revenues	1,136.6	1,236.2	1,337.1
	Disbursements	1,149.0	1,236.2	1,337.1
	Surplus/(Deficit)	(12.4)
Percent of GDP
	Revenues	17.1	17.0	16.5
	Disbursements	17.3	17.0	16.5
	Surplus/(Deficit)	(0.2)	-	-
Growth Rate
	Revenues	39.3	8.8	8.2
	Disbursements	19.3	7.6	8.2
	Surplus/(Deficit)	(91.5)	(100.0)

3.7 The P1.3 trillion projected revenues represent an 8.2 percent growth over the expected revenue collections of 2008. This projection incorporates only existing legislative measures.

3.8 Consistent with the above aggregate fiscal targets, an obligation budget ceiling amounting to P1.321 trillion is proposed for 2009. This budget level is higher by P84.4 billion or 6.8 percent than the 2008 programmed level.

4.0 POLICY GUIDELINES

In accordance with the budget framework and expenditure reforms contained in the preceding sections, GOCCs/GFIs shall follow the budget formulation guidelines prescribed below:

4.1 Performance-Based Budgeting

4.1.1 GOCC/GFI budgets shall be formulated to ensure attainment of its mandate. Moreover, the targeted major final outputs and outcomes of programs and projects should be clearly specified, measurable and reflective of the levels of performance which the GOCC/GFI head commits to achieve thru the efficient and effective use of corporate resources. STIcaE

4.2. Total Resource Budgeting

4.2.1 GOCCs/GFIs shall fully reflect in the budget proposal all sources of funds such as corporate funds, borrowings, and budgetary support from the national government.

4.2.2 All funding requirements of the GOCCs/GFIs including contingent liabilities arising from BOT projects and similar sizeable liabilities due from previous years' suppliers contracts and other multi-year obligations or multi-year agency projects must be identified in the budget submissions (DBM Form 702).

4.2.3 GOCCs/GFIs should also consider in their investment decisions all available resources within a specific area or locality, to the extent feasible. Hence, programs to be undertaken shall be consistent with the development plan of said area such that resources from all stakeholders, namely: national agencies, local governments, congressional allocations and private initiatives will complement each other. aTEAHc

4.2.3.1 In the allocation of their budget, GOCCs/GFIs shall undertake consultation with their major stakeholders to ensure that their concerns and priorities are addressed in their budget proposals.

4.3 Financial independence among GOCCs/GFIs

4.3.1 Measures to enhance corporate revenue generation and improve operational efficiency, including privatization of certain GOCC operations and assets, should be undertaken. GOCCs/GFIs are encouraged to supplement available resources through other means, such as external financing, BOT schemes and variant arrangements, sale/lease of assets, etc. before requesting budgetary support from the national government.

4.4 Alignment of corporate programs to government priorities:

4.4.1 GOCCs/GFIs shall implement their core mandates towards the attainment of the 10-Point Legacy Agenda of the Administration and the MTPDP. Budgetary support to GOCCs/GFIs shall be channeled to priority thrusts of government. ADTCaI

4.5 Resource Optimization

GOCCs/GFIs are encouraged to maximize their budget and undertake innovative ways to enhance their revenue possibilities through the following:

4.5.1 Cost Recovery Measures and Revenue Generation/Enhancement

4.5.1.1 GOCCs/GFIs should strive to fully recover the cost of services being rendered by them thru users fees.

4.5.1.2 GOCCs/GFIs are encouraged to identify/implement programs with the potential to generate revenues. In cases where revenues are already being generated for services rendered, measures such as the improvement of the quality of service delivery and reduction in the cost of production should be adopted to further increase revenues.

4.5.2 Focused Resource Utilization

4.5.2.1 GOCCs/GFIs shall refrain from undertaking activities and programs which other national government agencies, LGUs or other government corporations are mandated by law to perform.

4.5.2.2 A strategic review of GOCCs/GFIs operations shall be undertaken to rationalize and accommodate the requirements of new loan or grant assisted projects within the GOCCs/GFIs budget. This review should include, as part of the objective, the use of organic structures and staff within the GOCCs/GFIs and the use of corporate funds as GOP counterpart for foreign-assisted projects. cCTESa

4.5.2.3 The Rationalization Plan formulated and approved under EO 366 shall provide overall framework for a more focused utilization of resources vis-à-vis the core mandate of the corporation.

4.6 Gender and Development (GAD)

4.6.1 A GAD Plan shall be formulated outlining how GOCCs/GFIs intend to include the priorities set in the Framework Plan for Women. GAD issues and concerns shall be considered in preparing the budget of the GOCCs/GFIs consistent with the provisions of DBM, NEDA and NCRFW Joint Circular No. 2004-1.

5.0 SUBMISSION REQUIREMENTS AND TIMETABLE

5.1 All the budget forms prescribed under Annex A shall be accomplished by all GOCCs/GFIs, in accordance with the general guidelines above mentioned and specific guidelines indicated in each form.

5.2 Energy corporations whose budgets are required to be submitted to Congress under R.A. No. 7638 (An Act Creating The Department Of Energy, Rationalizing The Organization And Functions Of Government Agencies Related To Energy, And For Other Purposes) shall likewise use the herein prescribed forms in submitting their operating budgets as part of the FY 2009 National Expenditure Program. CaSAcH

5.3 The FY 2009 portion/column of the budget submissions under this Budget Memorandum shall already be considered as the COB proposal of the GOCC/GFI which shall observe the guidelines prescribed under Corporate Budget Circular No. 20 dated April 27, 2005 for this purpose.

5.4 Amounts indicated in the FY 2007 column of the prescribed Forms should be consistent with the Annual COA Audited Financial Statements of the same year.

5.5 GOCCs/GFIs budget estimates shall include the following:

a) Approval of the Governing Board through a duly certified Board Resolution;

b) Letter of endorsement of the head of GOCC/GFI;

c) Five (5) complete sets of properly accomplished Budget Forms; and,

d) Five (5) copies each of the FY 2006 and FY 2007 Accomplishment/Annual Reports.

5.6 The budget estimates shall be submitted to the Budget and Management Bureau — D, Ground Floor, DBM Arcache Building, corner General Solano and J. Nepomuceno Streets, San Miguel, Manila on or before May 30, 2008. EaScHT

6.0 BUDGET PREPARATION CALENDAR

GOCCs/GFIs are enjoined to adhere to the budget preparation calendar contained in Annex B.

(SGD.) ROLANDO G. ANDAYA, JR.Secretary

ANNEX A

BUDGET FORMS

DBM Form No. 700	Corporate Objectives, Priorities and Performance
		Measures
DBM Form No. 701	Proposed General/Special Provisions and Appropriations
		Language
DBM Form No. 702	Comparative Balance Sheet
DBM Form No. 702-A	Schedule of Investments
DBM Form No. 702-B	Statement of Receivables
DBM Form No. 702-C	Statement of Accounts Payable to Suppliers or Trade
		Creditors
DBM Form No. 702-D	Statement of Borrowings
DBM Form No. 703	Comparative Profit and Loss Statement
DBM Form No. 703-A	Sales/Revenue Statement
DBM Form No. 703-B	Cost of Sales Statement
DBM Form No. 703-C	Staffing Summary & Details of Salaries and Other
	Compensation of Permanent Positions
DBM Form No. 703-C1	Details of Others under DBM Form 703-C
DBM Form No. 703-D	Staffing Summary & Details of Other Compensation of
		Non-Permanent Positions
DBM Form No. 703-D1	Details of Others under DBM Form 703-D
DBM Form No. 703-E	Details of Maintenance and Other Operating Expenses
DBM Form No. 703-F	Capital Outlays Obligations, by Object of Expenditures
DBM Form No. 704	Cash Flow Statement
DBM Form No. 704-A	Comparative Cash Flow Statement for the Consolidated
	Public Sector Deficit
DBM Form No. 705	Comparative Sources of Funds
DBM Form No. 706	Uses of Funds by Expense Class
DBM Form No. 707	Requirements for Locally-Funded Projects
DBM Form No. 707-A	Locally-Funded Project Profile
DBM Form No. 708	Requirements for Foreign-Assisted Projects
DBM Form No. 708-A	Foreign-Assisted Project Profile
DBM Form No. 709	Projects with Private Sector Funding Participation
DBM Form No. 710	Gender and Development (GAD) Plan
DBM Form No. 710-A	Annual GAD Accomplishment Report

 

DBM Form No. 700

CORPORATE OBJECTIVES, PRIORITIES AND PERFORMANCE MEASURES

DBM Form No. 700

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and of the Corporation. "Department" refers to the Department to which the Corporation is attached.

If the corporation is a subsidiary, indicate the name of the parent company after the name of the corporation.

DESCRIPTION OF ITEMS:

I. Corporate Profile:

A. Corporate Objectives:

 State briefly or in summarized form the objectives of the corporation as mandated by its charter and subsequent amending laws and/or issuances. Cite the legal basis.

B. Corporate Priorities for the Current Year:

 Enumerate new and/or on-going thrusts which the GOCC will pursue during the budget year taking into account anticipated political, fiscal and economic scenario.

C. Major Program and Project Justification and Assumptions:

 Present major programs/projects, new and on-going for the current year and how they support corporate priorities. The justifications may include both quantitative and qualitative factors. TaCDAH

D. Linkages of Corporate Priorities/Programs/Projects with National/Sectoral Development Plan, Medium-Term Philippine Development Plan (MTPDP), 10-Point Legacy Agenda of the Administration and National Policy Pronouncements:

 Show how the corporate priorities and major programs and projects support the national goals which are reflected in the National Sectoral Development Plan, MTPDP, 10-Point Legacy Agenda of the Administration and National Policy pronouncements.

II. CORPORATE PERFORMANCE MEASURES

This portion shall contain a three-year presentation of the performance of the corporation. Based on the Organizational Performance Indicator Framework (OPIF), the corporation shall specify its outcomes and major final outputs, appropriate performance indicators, accomplishments and targets, and corresponding budgetary allocation for related Program/Activity/Projects.

PART A: SPECIFICATION OF MAJOR FINAL OUTPUTS

Major final outputs (MFOs) are goods or services produced/provided by the department for external clients, through the implementation of programs/activities/projects. Goods or services consumed/utilized by other agencies or units within the department/agency or those provided for internal management shall not be included. AaHTIE

Performance Indicator refers to the appropriate measure of the MFO, expressed in terms of MFO quantity, quality or timeliness.

Quantity refers to the physical count of MFO for goods produced or percentage of completion/accomplishment for services rendered.

Quality refers to the measures of "how well" an MFO is delivered. These may be in terms of accuracy, completeness, accessibility, compliance with standards, timeliness or satisfaction of client needs.

PART B: MFO-Related PAPs and BUDGETARY ALLOCATION

For each identified MFO, determine existing PAPs which contribute to the production/provision of the MFO. If there are several PAPs which contribute to the production of the MFO, the budgetary allocation for all PAPs will be added to come up with the cost of the MFO. AcSCaI

In cases where a PAP contributes to more than one MFO, the budget for that PAP shall accordingly be allocated/distributed among the MFOs. Such budgetary distribution may be determined based on the proportion of the actual number of personnel assigned to the MFOs, or by using other cost allocation factors.

DBM Form No. 701

PROPOSED GENERAL/SPECIAL PROVISIONS AND APPROPRIATIONS LANGUAGE

Department: ____________________________________________________________________________________
Corporation: ____________________________________________________________________________________
			JUSTIFICATION (Proposal will not be considered
	AUTHORIZED FOR FY 2008	PROPOSAL FOR FY 2009	without proper citation of legal basis)
A.	Appropriation Language	_______________________	____________________________________
B.	Special Provisions	_______________________	____________________________________
C.	General Provisions	_______________________	____________________________________
D.	Others	_______________________	____________________________________
Prepared by:		Approved by:
	––––––––––––––––	–––––	–––––––––––––––––––	–––––––
	Officer Responsible	Date	Head of Corporation	Date

DBM FORM NO. 701

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and the Corporation. "Department" refers to the Department to which the Corporation is attached.

1. In the first column, indicate the special/general provisions authorized in FY 2008 Budget.

2. In the second column, state either new and/or proposed amendments/modifications to the existing provision(s), indicate "for retention" if provision is still necessary, and "for deletion" if provision is no longer necessary for the year 2009. CDAcIT

3. In the third column, cite the legal basis/justification of the proposed new/modified provisions.

DBM Form No. 702

COMPARATIVE BALANCE SHEET

Department: _________________________________________________________________________________
Corporation: _________________________________________________________________________________
	PARTICULARS	FY 2006	FY 2007	FY 2008	FY 2009	Remarks
			(Audited)	(Audited)	(Estimates)	(Proposal)
	ASSETS
Current Assets
	Cash		_______	_______	________	________	_______
	Investments in Securities (DBM Form 702-A)	_______	_______	________	________	_______
	Accounts Receivables (DBM Form 702-B)	_______	_______	________	________	_______
	Inventories	_______	_______	________	________	_______
	Cash Advances to Various Parties	_______	_______	________	________	_______
	Other Current Assets	_______	_______	________	________	_______
Investments
Fixed Assets
	Land & Land Improvements	_______	_______	________	________	_______
	Building and Structures	_______	_______	________	________	_______
	Furniture, Fixtures, Equipment and Books	_______	_______	________	________	_______
	Information Technology Equipment	_______	_______	________	________	_______
Deferred Assets		_______	_______	________	________	_______
Other Assets		_______	_______	________	________	_______
	TOTAL ASSETS
	LIABILITIES
Current Liabilities
	Accounts Payable to suppliers or trade creditors
		(DBM Form No. 702-C)	_______	_______	________	________	_______
	Current portion of borrowings
		(DBM Form 702-D)	_______	_______	________	________	_______
Long Term Liabilities
	Borrowings (DBM Form No. 702-D)	_______	_______	________	________	_______
	Others		_______	_______	________	________	_______
Trust Liabilities		_______	_______	________	________	_______
Deferred Liabilities		_______	_______	________	________	_______
Other Liabilities		_______	_______	________	________	_______
	TOTAL LIABILITIES
	STOCKHOLDERS' EQUITY
Paid-in Capital		_______	_______	________	________	_______
Retained Earnings		_______	_______	________	________	_______
Other Capital		_______	_______	________	________	_______
	TOTAL STOCKHOLDERS' EQUITY
	TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
	Prepared: FYs 2006 & 2007:	Prepared: FYs 2008 & 2009:	Approved by:
		–––––––––––––––	––––––	–––––––––––––––––	–––––––	–––––––––––––––––	––––––
		Responsible Officer	Date	Responsible Officer	Date	Head of Corporation	Date

DBM FORM NO. 702

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and the Corporation. "Department" refers to the Department to which the Corporation is attached.

1. Use this form to present the financial condition of the GOCC over a four-year period. Disclose any change in accounting method and/or explain any substantial change in the amount from one period to the next under the Remarks column.

2. Reflect the following: (1) the audited balances of the second prior year (2 years before the current year); (2) certified actual balances for the first prior year immediately preceding the current year; and (3) estimated balances for the current year; and (4) the proposed balances for the budget year.

3. Attach the corresponding audited and certified actual corporate financial statements, (i.e., the Balance Sheets as of end of the periods covered utilizing own chart of accounts and format).

4. Use the "Remarks" column to disclose contingent liabilities of NG and any information on the reclassification of corporate accounts made to conform to prescribed format that will materially affect the presented balances. Indicate any other information deemed important under the "Remarks" column. IEaATD

5. Submit supporting schedules for Current and Fixed Assets.

6. Accomplish DBM Form No. 702-A — Schedule of Investments, DBM Form No. 702-B — Statement of Receivables, DBM Form No. 702-C — Statement of Accounts Payable to Suppliers or Trade Creditors, and DBM Form No. 702-D — Statement of Borrowings.

7. Indicate the position title of the officer responsible for the preparation of this form.

DEFINITION OF TERMS:

1. Current Assets. Cash and other assets that are reasonably expected to be converted into cash during the normal operating cycle of the corporation or within the current year. Support with detailed schedule.

2. Cash. Fund that is immediately available for disbursement without restriction. Restricted cash must be disclosed and presented separately (such as retention fees, trust funds, etc.).

3. Investments in Securities. Temporary investments which are both readily marketable and expected to be converted into cash within a year. The amount must tally with the total of short-term investments under DBM Form No. 702-A.

4. Accounts Receivables. Amount owed to the corporation by other entities collectible during the year. It includes portion of the Long Term Accounts Receivables which is due within the current year. Accomplish DBM Form No. 702-B.

5. Inventories. Value of items of tangible property, real or personal, which are: (1) held for sale in the ordinary course of business; (2) in process of production for such sale; or (3) to be consumed in the production of goods or services to be made available for sale. aSEHDA

6. Cash Advances. Advances to officers and employees of subsidiaries of the corporation.

7. Other Current Assets. Value of other current assets not classified above. Large items included in this account must be disclosed.

8. Investments. Include investments in stocks, bonds, or other securities of government and private corporations, associations or political subdivisions which are not expected to be converted into cash within a year. The amount must tally with the total of medium and long-term investments under DBM Form No. 702-A.

9. Fixed Assets. Value of tangible, relatively long-lived, resources like property, plant and equipment. In another supporting schedule, enumerate the categories of Fixed Assets and the corresponding costs.

10. Land and Land Improvements Outlay. The cost of rights to land ownership and the permanent improvements to land such as filling, grading, surveying and planting of trees. ISCDEA

11. Buildings and Structures Outlay. The cost of buildings and structures purchased or constructed and permanent improvements thereto.

12. Furniture, Fixtures, Equipment and Books. Refers to furniture, fixtures, equipment and books, the cost of which shall not be lower than the minimum amount prescribed by COA, whose serviceable life is more than one year and which add to the assets of the government.

 

13. Information Technology Equipment Outlay. The cost incurred in the acquisition of IT resources consisting of the cost of hardware, software components, auxiliary equipment, including incidental costs such as delivery, handling, installation, taxes, testing and IT manpower resources. The cost of IT Resources shall not be lower than the minimum amount prescribed by COA and whose expectancy life is more than one year.

14. Deferred Assets. Value of assets, usually of an intangible nature, like prepayments, deposits and advances made for goods and services, whose usefulness will expire or will be applied in the near future. cCTESa

15. Other Assets. Value of assets not classified above. Large items included in this account must be disclosed. Long-term Accounts Receivable, if any, are included in this account.

16. Liabilities. Amount owed by or obligations of the corporation, to other entities. Accomplish DBM Form Nos. 702-C and 702-D to support Current and Long-term Liabilities.

 To facilitate consolidation of public sector accounts, all foreign project loans contracted by the National Government and relent to GOCCs, current or long-term, must be presented as direct corporate borrowings to be recovered as Liabilities to Foreign Creditor.

17. Current Liabilities. Obligations which are expected to be satisfied within a relatively short period of time or payable within the year, either by the use of current assets or by the creation of other liabilities. Included under this account is portion of Long-Term Liabilities which is due within the year. This account should tally with the total of the current portion of DBM Form Nos. 702-C and 702-D. SHECcT

18. Long-term Liabilities. Obligations which are not due within the year. This account should tally with the total of the long-term portion under DBM Form Nos. 702-C and 702-D.

19. Trust Liabilities. The amount of trust receipts from non-tax sources collected/received by the corporation as a trustee or administrator.

20. Deferred Liabilities. Payment received in advance for goods and services to be rendered by the corporation in the future.

21. Other Liabilities. Other liabilities not classified in any of the items above. Large items including contingent liabilities, if any, must be disclosed. Accordingly, the necessary "contra account" must be reflected as part of Other Assets account.

22. Paid-in Capital. The amount directly invested in the corporation for stockholders equity. The authorized capital stock must be indicated as a memo entry. For GOCCs not fully owned by the National Government, the amount of paid-in capital by the National Government shall be disclosed.

23. Retained Earnings. The amount of total earnings which have been retained, after payment of dividends, in the corporation for use in its operations. HEScID

24. Other Capital. This includes capital or investments received not in payment of capital stocks appraisal capital and other increases in equity which are due to payment of capital stock or income from operations.

DBM Form No. 702-A

SCHEDULE OF INVESTMENTS

Department: _______________________________________________________________________________________
Corporation: _______________________________________________________________________________________
			Classification of Investments		Income on Investments Placed
	Nature of	Balance Sheet	Short	Medium	Long-term	Total	Interest	Dividend		REMARKS
	Investments	Account						Cash	Stock
	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)
I.	Govt. Securities
	(issuances of the BTr)
	T. Bills	_________	_____	_____	_______	____	_____	____	____	_____
	T. Notes	_________	_____	_____	_______	____	_____	____	____	_____
	Bonds	_________	_____	_____	_______	____	_____	____	____	_____
	Others (enumerate details)	_________	_____	_____	_______	____	_____	____	____	_____
II.	Other Securities
	(issuances of GFls, GOCCs
	and private enterprises)
	Bills	_________	_____	_____	_______	____	_____	____	____	_____
	Notes	_________	_____	_____	_______	____	_____	____	____	_____
	Bonds	_________	_____	_____	_______	____	_____	____	____	_____
	Others (enumerate details)	_________	_____	_____	_______	____	_____	____	____	_____
III.	Shares of Stocks/Holdings
		Prepared by:			Approved by:
		––––––––––––––––––	––––––––––	–––––––––––––––––––––		––––––––––
		Responsible Officer	Date	Head of Corporation		Date

 

DBM FORM NO. 702-A

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and the Corporation. "Department" refers to the Department to which the Corporation is attached.

Use this form to present the various investments and the income derived thereat of the corporation at the end of each year. cADEIa

Accomplish this form separately for each year. Mark "X" the appropriate year.

Use the "Remarks" column to disclose information deemed relevant to the entries made on the schedule. (Indicate the income classification account used to record investments income, whether as other income or operating income).

DESCRIPTION OF ITEMS:

1. Nature of Investments. Indicate the debt instruments/securities issued by the BTr, GFIs, GOCCs and other private enterprises that the corporation bought such as bills, notes, bonds, stocks, etc. The shares of stocks/holdings refers to the equity investment of the GOCC to the shares of stocks of other corporations.

2. Balance Sheet Account. Indicate the asset account used to identify where the investment was included. Example: T-bills — under the Comparative Balance Sheet (DBM Form No. 702) account Investment in Securities. DHIcET

3. Classification of Investments. The classification refers to the term or holding period. These are classified into: Short-term, which are investments for a period of one year or less; Medium-term, investments for more than a year up to five years; and Long-term, for investments for more than five years.

4. Income on Investments Placed. Indicate the income derived from investments for the year in the form of interest income or stock and/or cash dividends.

5. Remarks. Indicate the necessary information such as the number of shares received and its par value for stock dividends as well as information whether such investment is temporary or permanent.

DBM Form No. 702-B

STATEMENT OF RECEIVABLES

(In Thousand Pesos)

[ ] FY 2006 (Audited); [ ] FY 2007 (Actual); [ ] FY 2008 (Estimate); [ ] FY 2009 (Proposal); [ ] Trade; [ ] Non-Trade

Department:_____________________________________________________________________________________________
Corporation:_____________________________________________________________________________________________
			NATURE	AGE	OUTSTANDING	TRANSACTIONS		OUTSTANDING
	TYPE/DEBTOR CLASS	OF	OF	AS OF 1-1-20_			AS OF 12-31-20_	REMARKS
			ACCOUNT	ACCOUNT	(Beginning)	COLLECTED	GENERATED	(Ending)
A.	Current Portion
	I.	Accounts Receivables
		National Government	_______	_______	_________	__________	__________	__________	________
		Local Government	_______	_______	_________	__________	__________	__________	________
		Government Corporation	_______	_______	_________	__________	__________	__________	________
		Private Sector	_______	_______	_________	__________	__________	__________	________
		Others	_______	_______	_________	__________	__________	__________	________
	II.	Notes Receivables
		National Government	_______	_______	_________	__________	__________	__________	________
		Local Government	_______	_______	_________	__________	__________	__________	________
		Government Corporation	_______	_______	_________	__________	__________	__________	________
		Private Sector	_______	_______	_________	__________	__________	__________	________
		Others	_______	_______	_________	__________	__________	__________	________
	III.	Others
		National Government	_______	_______	_________	__________	__________	__________	________
		Local Government	_______	_______	_________	__________	__________	__________	________
		Government Corporation	_______	_______	_________	__________	__________	__________	________
		Private Sector	_______	_______	_________	__________	__________	__________	________
		Others	_______	_______	_________	__________	__________	__________	________
	Sub-total Current Portion
B.	Long-Term
	I.	Accounts Receivables
		National Government	_______	_______	_________	__________	__________	__________	________
		Local Government	_______	_______	_________	__________	__________	__________	________
		Government Corporation	_______	_______	_________	__________	__________	__________	________
		Private Sector	_______	_______	_________	__________	__________	__________	________
		Others	_______	_______	_________	__________	__________	__________	________
	II.	Notes Receivables
		National Government	_______	_______	_________	__________	__________	__________	________
		Local Government	_______	_______	_________	__________	__________	__________	________
		Government Corporation	_______	_______	_________	__________	__________	__________	________
		Private Sector	_______	_______	_________	__________	__________	__________	________
		Others	_______	_______	_________	__________	__________	__________	________
	Ill.	Others
		National Government	_______	_______	_________	__________	__________	__________	________
		Local Government	_______	_______	_________	__________	__________	__________	________
		Government Corporation	_______	_______	_________	__________	__________	__________	________
		Private Sector	_______	_______	_________	__________	__________	__________	________
		Others	_______	_______	_________	__________	__________	__________	________
	Subtotal Long-Term Portion	_______	_______	_________	__________	__________	__________	________
		GRAND TOTAL	_______	_______	_________	__________	__________	__________	________
		Prepared by:	Approved by:
		––––––––––––––––––		––––––––––	–––––––––––––––––––––	––––––––––
		Responsible Officer		Date	Head of Corporation	Date

 

DBM FORM NO. 702-B

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and the Corporation. "Department" refers to the Department to which the Corporation is attached.

Use this form to report all outstanding balances of receivables in the books of the GOCC at the end of each year.

Accomplish the form separately for Trade and Non-Trade Receivables for each year. Mark "X" the appropriate box.

DESCRIPTION OF ITEMS:

1. Types of Receivables. Refers to the length of time the account is outstanding: current — age of account is one year and below, or long-term — age of account is longer than one year; and types of account: a) accounts receivables; b) notes receivables; and, c) others. cDCIHT

2. Debtor Class. Classifies debtors into the following classes: a) National Government; b) Local Government; c) Government Corporation; d) Private Sector; and, e) Others.

3. Account Code. Code used for the major category of debtors based on the standard government chart of accounts. Example: Receivables from Local Government Units; Receivables — Trade/Business; etc.

4. Nature of Account. Nature of the transaction/activity such as delivery of goods, provision of services or any other activity for which unpaid obligations were incurred by another entity to the GOCC.

5. Age of Account. The number of days (for account less than a year) or years from the date the account was scheduled to be settled up to December 31, 20__ (the year with the ending balance in the Form).

6. Collected. Amount of receivables collected during the year.

7. Generated. Amount of receivables generated during the year.

8. Remarks. Additional information regarding the receivables being reported.

DBM Form No. 702-C

STATEMENT OF ACCOUNTS PAYABLE TO SUPPLIERS OR TRADE CREDITORS

(In Thousand Pesos)

[ ] FY 2006 (Audited); [ ] FY 2007 (Actual); [ ] FY 2008 (Estimate); [ ] FY 2009 (Proposal); [ ] Trade; [ ] Non-Trade

Department:_____________________________________________________________________________________________
Corporation:_____________________________________________________________________________________________
				AGE	OUTSTANDING	TRANSACTIONS	OUTSTANDING
	TYPE/CREDITOR CLASS	ACCOUNT	OF	AS OF 1-1-20_			AS OF 12-31-20_	REMARKS
			CODE	ACCOUNT	(Beginning)	LIQUIDATED	INCURRED	(Ending)
A.	Current Portion
		National Government	_______	_______	_________	__________	__________	__________	________
		Local Government	_______	_______	_________	__________	__________	__________	________
		Government Corporation	_______	_______	_________	__________	__________	__________	________
		Private Sector	_______	_______	_________	__________	__________	__________	________
		Others	_______	_______	_________	__________	__________	__________	________
		Sub-total Current Portion	_______	_______	_________	__________	__________	__________	________
B.	Long-Term Portion
		National Government	_______	_______	_________	__________	__________	__________	________
		Local Government	_______	_______	_________	__________	__________	__________	________
		Government Corporation	_______	_______	_________	__________	__________	__________	________
		Private Sector	_______	_______	_________	__________	__________	__________	________
		Others	_______	_______	_________	__________	__________	__________	________
	Sub-total Long-Term Portion	_______	_______	_________	__________	__________	__________	________
		GRAND TOTAL	_______	_______	_________	__________	__________	__________	________
		Prepared by:		Approved by:
		––––––––––––––––––	––––––––––		–––––––––––––––––––––	––––––––––
		Responsible Officer	Date		Head of Corporation	Date

DBM FORM NO. 702-C

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and the Corporation. "Department" refers to the Department to which the Corporation is attached.

Use this form to report all outstanding balances of payables in the books of the GOCC at the end of each year.

Accomplish the form separately for Trade and Non-Trade Payables for each year. Mark "X" the appropriate box.

DESCRIPTION OF ITEMS:

1. Type of Payables. Refers to the length of time the account is outstanding: current — age of account is one year and below, or long-term — age of account is longer than one year; and types of account: a) accounts payables; b) notes payables; and, c) others.

2. Creditor Class. Classifies creditors into the following classes: a) National Government; b) Local Government; c) Government Corporations; d) Private Sector; and, e) Others. cDCHaS

3. Account Code. Code used for the major category of creditors based on the standard government chart of accounts. Example: Payables from Local Government Units; Payables — Trade/Business; etc.

4. Nature of Account. Nature of the transaction/activity such as delivery of goods, provision of services or any other activity for which unpaid obligations were incurred by the GOCC to another entity.

5. Age of Account. The number of days (for accounts less than a year) or years from the date the account was scheduled to be settled up to December 31, 20__ (the year with the ending balance in the Form).

6. Liquidated. Amount of payables paid during the year.

7. Incurred. Amount of payables incurred during the year.

8. Remarks. Additional information regarding the payables being reported (i.e., Cite reasons why payables have long been outstanding).

DBM Form No. 702-D

STATEMENT OF BORROWINGS

 

DBM FORM NO. 702-D

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and the Corporation. "Department" refers to the Department to which the Corporation is attached.

Use this form to present information on the outstanding Loan Obligations as of end of each year. Mark "X" the appropriate year.

DESCRIPTION OF ITEMS:

1. Type. Refers to type of borrowings whether short-term or long-term, domestic, or foreign. STcDIE

2. Creditor/Loan No. The creditor institution with which the loan was obtained together with the corresponding loan number. Credit lines obtained from suppliers as a result of regular business operations of the GOCC shall not be included.

3. Date of Loan Contract. The date the loan agreement was signed.

4. Maturity. The number of years covered by the loan agreement, including the grace period allowed.

5. Original Amount of Loan. The amount of loan contracted using the original currency denomination.

6. Outstanding Balance (Beginning). The balance of the outstanding loans as of start of the period. The figures should tally with the corresponding balance sheet account. Any difference should be disclosed and/or explained.

7. Availment: Current. The amount availed during the period.

8. Availment: Cumulative. The total amount of loan availed as of the beginning of the year.

9. Debt Service: Principal. The amount of the principal serviced or paid during the year. Principal repayment of foreign and domestic loans should tally with their counterparts in DBM Form No. 704 (Cash Flow Statement). aHCSTD

10. Debt Service: Interest. The amount of interest payments made during the year.

11. Debt Service: Other Charges. The amount of charges other than interest such as service charge and other charges.

12. Estimated Outstanding Balance (Ending). The balance after adding current availment and subtracting debt servicing for principal. The outstanding balance of domestic and foreign loans should tally with their counterparts in DBM Form No. 702 (Comparative Balance Sheet) for the year.

13. Remarks. The "Remarks" Column is intended to capture disclosures on the loans, i.e., if the repayment shall be made through BTr advances, or if the loan is guaranteed by NG, etc. All BTr advances whether principal or interest payments shall be consolidated and should appear in the Balance Sheet as a current liability under Due to National Government/BTr since they are deemed due and demandable any time during the year. Disclose the foreign exchange rate used in the valuation of the outstanding loan and the particular account such valuation is charged.

DBM Form No. 703

COMPARATIVE PROFIT AND LOSS STATEMENT

[ ] Cash Basis [ ] Accrual Basis

Department:____________________________________________________________________________________
Corporation:____________________________________________________________________________________
	PARTICULARS	FY 2006	FY 2007	FY 2008	FY 2008	Remarks
				(Audited)	(Audited)	(Estimates)	(Proposal)
I.	REVENUES
	Operating Revenues	______	_______	_______	_______	_______
	Other Revenues (Specify major items)	______	_______	_______	_______	_______
II.	COST OF SALES	______	_______	_______	_______	_______
III.	GROSS PROFIT	______	_______	_______	_______	_______
IV.	OPERATING EXPENSES
	Personal Services	______	_______	_______	_______	_______
	Maintenance and Other Operating Expenses	______	_______	_______	_______	_______
		(include business taxes, duties and
		licenses other than income tax)
	Interest Expense		______	_______	_______	_______	_______
	Non-cash Expenses	______	_______	_______	_______	_______
		Depreciation of fixed assets	______	_______	_______	_______	_______
		Amortization of deferred assets	______	_______	_______	_______	_______
		Other non-cash expenses	______	_______	_______	_______	_______
	Others (Specify major items)	______	_______	_______	_______	_______
V.	NET PROFIT/(LOSS) BEFORE INCOME TAX	______	_______	_______	_______	_______
VI.	INCOME TAX		______	_______	_______	_______	_______
VII.	NET PROFIT/(LOSS) AFTER INCOME TAX	______	_______	_______	_______	_______
		Add: SUBSIDIES
			Subsidies from National Government	______	_______	_______	_______	_______
			Rest of Subsidies	______	_______	_______	_______	_______
VIII.	NET PROFIT AND SUBSIDIES	______	_______	_______	_______	_______
	Prepared: FY 2006 & FY 2007	Prepared: FY 2008 & FY 2009		Approved by:
	–––––––––––––––	––––––	–––––––––––––––––	–––––––	–––––––––––––––––	––––––
	Responsible Officer	Date	Responsible Officer	Date	Head of Corporation	Date

DBM FORM NO. 703

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and the Corporation. "Department" refers to the Department to which the Corporation is attached.

1. Use this form to present the result of operations of the GOCC over a four-year period. The accounting system (whether cash or accrual basis) used in preparing the form must be consistent with the one used in preparing the Balance Sheet (DBM Form No. 702). Disclose any change in accounting methods and/or explain any substantial change in amount from one period to the next under the "Remarks" column.

2. Accomplish DBM Form No. 703-A and 703-B to support the Revenues and Cost of Sales, respectively. For GFIs accomplish DBM Form No. 703-A only.

3. Reflect the following: (1) audited balances of the second prior year (2 years before the current year); (2) certified actual balances for the first prior year (year immediately preceding the current year); (3) estimated balances for the current year; and (4) the projection for the budget year. Disclose the assumptions used in determining the current year estimate and budget year proposal.

4. Attach the corresponding audited and certified actual corporate financial statements, (i.e., the Income Statement for the periods covered using own chart of accounts and format).

5. Use the "Remarks" column to disclose any information on the reclassification of corporate accounts made to conform to prescribed format that will materially affect the presented balances. Indicate any other information deemed important under the "Remarks" column. TCacIE

6. Indicate the position title of the officer responsible for the preparation of this form.

DEFINITION OF TERMS:

1. Operating Revenues/Sales. Revenues generated in exchange for goods sold, direct services rendered or those arising from the exercise of the regular functions of the corporation. Accomplish DBM Form No. 703-A.

2. Other Revenues. All other receipts of the corporation resulting from the conduct of its regular operations not elsewhere classified (e.g., Interest Income, Dividend, etc. Disclose interest earned on savings and time deposits). Large amounts included in this item must be disclosed. Include in this item the Interest Income derived from National Government budgetary support.

3. Cost of Sales. The expenses incurred by the corporation in the manufacture of goods sold or in providing services. Accomplish DBM Form No. 703-B. This item is applicable to trading and manufacturing corporations. For the rest of the corporations, leave this row blank. HcDaAI

4. Gross Profit. The difference between operating revenues/sales and cost of sales.

5. Operating Expenses. The costs incurred in the exercise of the regular functions of the corporation.

6. Personal Services. Refers to salaries, wages and other compensation (e.g., allowances of permanent, temporary, contractual and casual employees of the corporation). The total Personal Services shall correspond to the total Personal Services indicated under DBM Form Nos. 703-C, 703-C1, 703-D and 703-D1. DTIaHE

7. Maintenance and Other Operating Expenses. All other expenses of the corporation resulting from the conduct of operations other than personal services. This must tally with DBM Form No. 703-E.

8. Others. All other expenses of the corporation, exclusive of corporate income tax but inclusive of non-operating interest expenses not elsewhere classified which are also incurred by the corporation in the conduct of its regular operations. Indicate the methodology used in computing the depreciation.

9. Net Profit (Loss) Before Corporate Income Tax. The difference between gross profit and total expenses before the payment of corporate income tax.

10. Income Tax. Refers to tax levied on the taxable net income of the corporation during each taxable year determined in accordance with the schedule prescribed by the Bureau of Internal Revenue. If subsidized by the National Government, disclose the request for tax subsidy under the "Remarks" column.

11. Net Profit (Loss) After Corporate Income Tax. The difference between net profit (loss) before income tax and the provision for income tax. Disclose whether subject to Income Tax. If not, indicate legal basis and justification. SCIcTD

12. Subsidies from National Government. These include:

12.1 Subsidy for Operations. Amounts granted to GOCCs from the General Fund to cover operational expenses. They also include taxes that are not supported by corporate revenues or to cover corporate deficits and losses.

12.2 Subsidy for Projects. Amounts granted to GOCCs for projects.

13. Rest of Subsidies. This account includes subsidies or grants received from other government agencies, GOCCs, local government units and/or foreign institutions/government, as well as donations from private individuals and institutions. Breakdown by source must be presented for this account.

DBM Form No. 703-A

SALES/REVENUE STATEMENT

Department:____________________________________________________________________________________
Corporation:____________________________________________________________________________________
	PARTICULARS	FY 2006	FY 2007	FY 2008	FY 2009	Remarks
		(Audited)	(Actual)	(Estimate)	(Projection)
Sales/Revenue from Operations:	______	_______	_______	_______	_______
(Please specify, e.g., irrigation fee, passenger fare,	______	_______	_______	_______	_______
	among others)
Other Revenues
	Interest Income	______	_______	_______	_______	_______
	Gains from sale of assets	______	_______	_______	_______	_______
	Others (specify amounts that are significant)	______	_______	_______	_______	_______
TOTAL SALES/REVENUE	______	_______	_______	_______	_______
Prepared: FY 2006 & 2007	Prepared: FY 2008 & FY 2009	Approved by:
	–––––––––––––––	––––––	–––––––––––––––––	–––––––	–––––––––––––––––	––––––
	Responsible Officer	Date	Responsible Officer	Date	Head of Corporation	Date

DBM FORM NO. 703-A

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and the Corporation. "Department" refers to the Department to which the Corporation is attached.

Use this form to show the details of sales or revenues earned during the period indicated.

Reflect the following: (1) the audited amounts of the second prior year — 2 years before the current year; (2) certified actual amounts for the first prior year — year immediately preceding the current year; (3) estimated balances for the current year; and (4) the proposal for the budget year. HCEaDI

The "Remarks" Column shall be used to disclose the assumptions used in determining the current year and budget year estimates/proposal including increase in fees/charges pursuant to E.O. No. 197, s. of 2000 and other legal issuances.

Indicate the position title of the officer who is responsible for preparing the audited and actual amounts for the prior years and the estimates/proposal for the current and budget years.

DESCRIPTION OF ITEMS:

1. Sales/Revenue from Operations. Refers to those derived from the exercise of the corporation's primary functions or responsibilities as mandated by law.

2. Other Revenues. Includes non-operating revenues or those which are non-recurring or incidental revenue or those derived from sources other than the corporation's primary functions and responsibilities. Common items of Other Revenues are the Interest Income and Gains from Sale of Assets. Interest income from savings and time deposit must be disclosed.

3. National Government subsidies must not be included as revenue in the Profit and Loss Statement. Subsidies must be disclosed as an additional item to the Net Profit after Income Tax in the Profit and Loss Statement.

DBM Form No. 703-B

COST OF SALES STATEMENT

Department: ____________________________________________________________________________________
Corporation: ____________________________________________________________________________________
PARTICULARS	FY 2006	FY 2007	FY 2008	FY 2009	Remarks
	(Audited)	(Actual)	(Estimate)	(Proposal)
Direct Materials/Goods:
(Please specify, e.g., crude oil purchased)	______	_______	_______	_______	_______
Other Direct Costs:	______	_______	_______	_______	_______
TOTAL COST OF SALES
Memorandum Items	______	_______	_______	_______	_______
Beginning Inventory of Direct Materials/Goods	______	_______	_______	_______	_______
Ending Inventory of Direct Materials/Goods	______	_______	_______	_______	_______
Prepared: FY 2006 & 2007	Prepared: FY 2008 & FY 2009	Approved by:
–––––––––––––––	––––––	–––––––––––––––––	–––––––	–––––––––––––––––	––––––
Responsible Officer	Date	Responsible Officer	Date	Head of Corporation	Date

DBM FORM NO. 703-B

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and the Corporation. "Department" refers to the Department to which the Corporation is attached.

Use this form to show the direct costs attributed to sales or revenues from goods and services for the period indicated. IEHaSc

Reflect the following: (1) the audited amounts of the second prior year — 2 years before the current year; (2) actual amounts for the first prior year — year immediately preceding the current year; (3) estimated balances for the current year; and (4) the proposal for the budget year. Disclose under the "Remarks" Column the assumptions used in determining the current year and budget year estimates/proposal.

Indicate the position title of the officer who is responsible for preparing the audited and actual amounts for the prior years and the estimates/proposal for the current and budget year.

DESCRIPTION OF ITEMS:

1. Direct Materials/Goods. Refers to the costs of the goods or direct materials used to produce goods sold to generate the sales for the period indicated.

2. Other Direct Costs. Refers to costs of services directly related to the production of goods sold or generation of revenues. Such other direct costs includes labor, power and other utilities, etc. DHSEcI

3. For GOCCs performing or delivering services, the costs of which are shown as "operating expenses" shall continue to reflect such costs as operating expenses in the Profit and Loss Statement.

DBM Form No. 703-C

STAFFING SUMMARY & DETAILS OF SALARIES & OTHER COMPENSATION OF PERMANENT POSITIONS

 

DBM Form No. 703-C1

DETAILS OF OTHERS UNDER DBM FORM 703-C

Department: ____________________________________________________________________________________
Corporation: ____________________________________________________________________________________
	PARTICULARS	LEGAL BASIS	NO. OF POSITIONS	AMOUNT	REMARKS
			(RECIPIENTS)
ALLOWANCES AND OTHER COMPENSATION
Hazard Pay	_________	_____________	________	_________
Subsistence Allowance	_________	_____________	________	_________
Quarters' Allowance	_________	_____________	________	_________
Overseas, Living Quarters and Other	_________	_____________	________	_________
	Allowances for Personnel Abroad
Night Differential	_________	_____________	________	_________
Flying pay of personnel undertaking aerial	_________	_____________	________	_________
	flights
Rice Subsidy	_________	_____________	________	_________
Other Commodity Subsidy (specify)	_________	_____________	________	_________
Medical/Dental/Optical Allowance/Benefits	_________	_____________	________	_________
Children's Allowance	_________	_____________	________	_________
Special Duty Pay/Allowance	_________	_____________	________	_________
Meal Subsidy	_________	_____________	________	_________
Longevity Pay	_________	_____________	________	_________
Teller's Allowance	_________	_____________	________	_________
Terminal Leave	_________	_____________	________	_________
Per Diems of Members of Governing Boards/	_________	_____________	________	_________
	Board of Directors
Others (Specify)	_________	_____________	________	_________
Total Allowance	_________	_____________	________	_________
Prepared by:	Approved by:
–––––––––––––––	––––––	–––––––––––––––––	––––––
Personnel Officer	Date	Head of Corporation	Date

DBM FORM NO. 703-C and 703-C1

AND DETAILS OF OTHERS UNDER DBM FORM 703-C

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and the Corporation. "Department" refers to the Department to which the Corporation is attached.

Accomplish the form for each year. Mark "X" the appropriate year.

In accomplishing said forms, indicate the number of positions, salary grade, step increment, all other compensation, other benefits and fixed expenditures allocable to all positions entitled thereto. In the case of other compensation and benefits, other than mandatory, prepare a separate listing as DBM Form No. 703-C1 indicating the legal basis, nature of compensation and benefits, number of recipients and amount granted for each employee. TcEaAS

The total of "Other Compensation and Other Benefits" columns in DBM Form No. 703-C should tally with DBM Form No. 703-C1.

Representation and transportation allowances shall be provided to the following officials and those of equivalent rank as determined by DBM in accordance with the monthly rates for each type of allowance as reflected in pertinent provisions of the General Appropriations Act, as follows:

P9,500	-	Department Secretaries or equivalent;
P7,500	-	Department Undersecretaries or equivalent;
P6,700	-	Department Assistant Secretaries or equivalent;
P6,000	-	Bureau Directors and Department Regional Directors or equivalent;
P5,400	-	Assistant Bureau Directors, Department Assistant Regional Directors, Bureau Regional Directors, Department Service Chiefs or equivalent;
P4,800	-	Assistant Bureau Regional Directors or equivalent and;
P3,500	-	Chief of Divisions or equivalent, identified as such in the DBM-approved Staffing Pattern/Plantilla of Personnel.

Terminal Leave Benefits for employees who retired effective January 1, 2002 onwards shall be computed as follows: EIDTAa

TLB = S x D x CF

Where:

TLB	=	Total TLB
S	=	Highest monthly salary received by the person
D	=	No. of days of leave credits of personnel scheduled to retire
CF	=	Constant Factor is .0478087

TLB of compulsory retirees whether permanent or casual shall be separately computed from those of optional retirees.

DESCRIPTION OF ITEMS:

1. Position. Enumerate all the filled position types categorized into: (A) Managerial (B) Technical and (C) Administrative Support as authorized in the approved Position Allocation List (PAL)/Organizational Structure and Staffing Pattern (OSSP).

2. Salary Grade/Step. For each position type, indicate the corresponding salary grade and the step increment for each type of position title.

3. Prior Year (Actual). In accomplishing forms for prior year, the first set (Authorized Positions) indicate the authorized positions based on its approved Position Allocation List including changes approved by the DBM until the end of year. Succeeding data used for the preparation of other sets shall be based on the authorized positions.

4. Current Year (Estimate). In accomplishing the forms for the current year, the following shall be observed:

 No. The Corporation's projected total number of permanent positions by end of the current year shall include the approved as well as proposed positions anticipated to be approved by the DBM by the end of the year. cADEHI

 The proposed modification shall contain the following:

a. latest approved Organizational Structure and Position Allocation List; aCcSDT

b. the proposed organizational chart of the corporation;

c. functional statements of the proposed unit(s);

d. description of the type or nature of the activities to be undertaken by the new units; and

e. legal basis, if any, of the proposed modifications.

 All proposed changes must be accompanied by a brief justification. Such may include the projected workload of the proposed unit(s).

 Basic Salary. The actual annual salary as well as the step increment of all positions.

5. Budget Year (Proposed). In accomplishing the form for the budget year, the following must likewise be observed.

 No. The corporation's proposed total number of permanent positions for Budget Year. Proposed creation/abolition/reclassification/upgrading of positions, if any, shall be reflected in detail in the Form. EaCDAT

 Basic Salary. The estimated annual salary as well as the step increment of all proposed positions.

DBM Form No. 703-D

STAFFING SUMMARY & DETAILS OF OTHER COMPENSATION OF NON-PERMANENT POSITIONS

 

DBM Form No. 703-D1

DETAILS OF OTHERS UNDER DBM FORM 703-D

Department: ____________________________________________________________________________________
Corporation: ____________________________________________________________________________________
PARTICULARS	LEGAL BASIS	AMOUNT	REMARKS
ALLOWANCES AND OTHER COMPENSATION
Hazard Pay	___________	_________	__________
Subsistence Allowance	___________	_________	__________
Quarters' Allowance	___________	_________	__________
Overseas, Living Quarters and Other Allowances for
	Personnel Abroad	___________	_________	__________
Night Differential	___________	_________	__________
Flying pay of personnel undertaking aerial flights	___________	_________	__________
Rice Subsidy	___________	_________	__________
Other Commodity Subsidy (specify)	___________	_________	__________
Medical/Dental/Optical Allowance/Benefits	___________	_________	__________
Children's Allowance	___________	_________	__________
Special Duty Pay/Allowance	___________	_________	__________
Meal Subsidy	___________	_________	__________
Longevity Pay	___________	_________	__________
Teller's Allowance	___________	_________	__________
Terminal Leave	___________	_________	__________
Per Diems of Members of Governing Boards/
	Board of Directors	___________	_________	__________
Others (Specify)	___________	_________	__________
Total Allowance	___________	_________	__________
	Prepared by:		Approved by:
	–––––––––––––––	––––––	–––––––––––––––––	––––––
	Personnel Officer	Date	Head of Corporation	Date

 

DBM FORM NO. 703-D and 703-D1

AND DETAILS OF OTHERS UNDER DBM FORM 703-D

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and the Corporation. "Department" refers to the Department to which the Corporation is attached. THSaEC

Use this form to present the number of non-permanent positions including details of other compensation for locally-funded projects and foreign-assisted projects for two years.

The total of "Others" column in DBM Form No. 703-D should tally with DBM Form No. 703-D1. Only allowed compensation and benefits not specified in DBM Form 703-D shall form part of said column.

DESCRIPTION OF ITEMS:

1. Position Title. The contractual or casual positions for each applicable program or project for locally-funded projects and/or foreign-assisted projects.

2. Salary Grade. The salary grade corresponding to the position title.

3. No. The number of non-permanent positions per position title entitled to and authorized to receive other compensation.

4. Prior Year (Audited/Actual). The actual number of non-permanent positions entitled to and granted other compensation and the cost incurred for each type of compensation.

5. Current Year (Estimate). The actual number of non-permanent positions entitled and authorized to receive other compensation and the projected cost for each type of compensation during the period covered. SaETCI

 

6. Budget Year (Proposed). The proposed number of non-permanent positions entitled and authorized to receive other compensation and the projected cost for each type of compensation during the period covered.

DBM Form No. 703-E

DETAILS OF MAINTENANCE AND OTHER OPERATING EXPENSES

Department: _____________________________________________________________________________
Corporation: _____________________________________________________________________________
PARTICULARS	FY 2007	FY 2008	FY 2009	Remarks
	(Actual)	(Estimates)	(Proposal)
Travelling Expenses	______	_______	______	_________________
Communication Expenses	______	_______	______	________________
Repair and Maintenance of Government Facilities	______	_______	______	_________________
Repair and Maintenance of Government Vehicles	______	_______	______	_________________
Transportation Services	______	_______	______	_________________
Supplies and Materials	______	_______	______	_________________
Rents	______	_______	______	_________________
Interests (operating)	______	_______	______	_________________
Grants, Subsidies and Contributions	______	_______	______	_________________
Awards and Indemnities	______	_______	______	_________________
Loan Repayments and Sinking Fund Contributions	______	_______	______	_________________
Losses/Depreciation/Depletion	______	_______	______	_________________
Water, Illumination and Power Service	______	_______	______	________________
Social Security Benefits, Rewards and Other Claims	______	_______	______	________________
Auditing Services	______	_______	______	________________
Training and Seminar Expenses	______	_______	______	________________
Extraordinary and Miscellaneous Expenses	______	_______	______	________________
Confidential and Intelligence Expenses	______	_______	______	________________
Anti-Insurgency/Contingency/Emergency Expenses	______	_______	______	___________________
Taxes, Duties and Fees	______	_______	______	________________
Trading/Production	______	_______	______	_________________
Gasoline, Oil and Lubricants	______	_______	______	_________________
Fidelity Bonds and Insurance Premium	______	_______	______	_________________
Loss on Foreign Exchange	______	_______	______	________________
Commitment Fees and Other Charges	______	_______	______	________________
Library Books and Materials	______	_______	______	________________
Other Services (attach supporting schedule)	______	_______	______	________________
Total MOOE	______	_______	______	________________
Prepared by:		Approved by:
–––––––––––––––	––––––	–––––––––––––––––		––––––
Personnel Officer	Date	Head of Corporation		Date

DBM FORM NO. 703-E

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and the Corporation. "Department" refers to the Department to which the Corporation is attached.

Indicate the position title of the officer who is responsible for the preparation of this form.

1. Use this form to present the details of the Maintenance and Other Operating Expenses (MOOE).

2. The total MOOE net of: (a) Interests (Operating) and (b) Loan Repayments and Sinking Fund Contributions must tally with the figure reported under DBM Form No. 703.

3. For object of expenditure under Confidential and Intelligence Expenses, cite legal basis under "Remarks" column.

4. For object of expenditure under Taxes, Duties, and Fees, disclose payments made on items to be capitalized and tax payments to be refunded. This amount need not be equal to the tax subsidy received from the National Government. CEHcSI

5. Present justification for marked increases or decreases other than inflationary increase under the "Remarks" column. If applicable, specify the expansion of existing programs/activities or the undertaking of new programs/activities and projects.

DBM Form No. 703-F

CAPITAL OUTLAYS OBLIGATIONS, BY OBJECT OF EXPENDITURES

 

DBM FORM NO. 703-F

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and the Corporation. "Department" refers to the Department to which the Corporation is attached.

Accomplish the form separately for each year. Mark "X" the appropriate year. aHcDEC

Use this Form to enumerate the infrastructure and non-infrastructure projects of the corporation such as construction of roads, ports, hospitals, irrigation facilities and other similar physical structures and facilities funded from corporate funds, borrowings or subsidy/equity from the national government. Provide details on the cost, timetable, financing and other features of the projects.

For the proposed Equipment Outlay, include the list, technical specifications, deployment, unit cost and justification of proposed equipment as presented in the Annual Equipment Procurement Program (AEPP). Acquisition of motor vehicle should indicate the type, classification, specifications and justifications and should be accompanied by duly accomplished Motor Vehicle Inventory Form as provided under NBC No. 446, including Inventory and Inspection Report (IIR) of equipment for replacement. DCaEAS

DEFINITION OF TERMS

Investments Outlay. The cost of investments in stock, bonds and other securities of government and private corporations, associations or political subdivisions.

Livestock and Crops Outlay. The cost of investments in breeding animals including their offspring animal dispersal program, and fruit or non-fruit bearing perennial crops.

Land and Land Improvements Outlay. The cost of rights to land ownership and the pertaining improvements to land such as filling, grading, draining, surveying and planting of trees.

Buildings and Structures Outlay. The cost of buildings and structures purchased or constructed and permanent improvements thereto.

Furnitures, Fixtures, Equipment, and Books Outlay. Refers to furnitures, fixtures, equipment, and books, the cost of which shall not be lower than the minimum amount prescribed by COA, whose serviceable life is more than one year and which add to the assets of the government. ACaEcH

Work Animals Outlay. Refers to cost or appraised value or other appropriate value of work animals which add to the assets of the government.

Information Technology (IT). Refers to the totality of the means employed to systematically collect, process, store, present and share information in support of human intellectual activities. IT encompasses the use of computer technology and telecommunications as well as any technology that deals with modern applications of computer or of telecommunications or both.

DBM Form No. 704

CASH FLOW STATEMENT

Department: _________________________________________________________________________________
Corporation: _________________________________________________________________________________
PARTICULARS			FY 2007	FY 2008	FY 2009
					(Audited)	(Estimates)	(Proposal)
CASH BALANCE, Beginning	_______	_________	_________
CASH INFLOWS:
	Operating Receipts
		Current year's operating receipts	_______	_________	_________
		Collection of receivable	_______	_________	_________
		Others (Please specify)	_______	_________	_________
	Non-Operating Receipts
		Proceeds from sale of assets	_______	_________	_________
		Proceeds from investments, deposits, etc.	_______	_________	_________
		Grants, contributions, etc. (from sources except
			national government)		(Disclose large amounts)
	Assistance from the national government
		Subsidy			_______	_________	_________
		Equity			_______	_________	_________
		Advances for debt servicing	_______	_________	_________
	Gross borrowings
		Foreign			_______	_________	_________
		Domestic			_______	_________	_________
	Others (Please specify)	_______	_________	_________
CASH OUTFLOWS:
	Operating Expenses
		Current operating expenses
			Personal services	_______	_________	_________
			Maintenance and other operating expenses (includes	_______	_________	_________
				purchase of raw materials and taxes other than
				income tax)
		Payment of prior years' accounts payable	_______	_________	_________
	Loan Repayment
		Foreign			_______	_________	_________
		Domestic			_______	_________	_________
	Interest payments		(Disclose large amounts)
		Foreign			_______	_________	_________
		Domestic			_______	_________	_________
	Capital Outlays (DBM Form 703-F)	_______	_________	_________
	Investments in securities, subsidiaries, etc.	_______	_________	_________
	Cash advances			_______	_________	_________
	Dividend payments
		To national government	_______	_________	_________
		To others			_______	_________	_________
	Income taxes			_______	_________	_________
	Others (Please specify)		_______	_________	_________
CASH BALANCE, Ending		_______	_________	_________
			Prepared by:	Approved by:
				–––––––––––––––––	––––––	–––––––––––––––––	––––––
				Responsible Officer	Date	Head of Corporation	Date

DBM FORM NO. 704

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and the Corporation. "Department" refers to the Department to which the Corporation is attached.

Use this form to present the inflow and outflow of cash or the status of cash for the period indicated.

DEFINITION OF TERMS:

1. Cash Balance, Beginning. Outstanding cash balance at the beginning of the year.

2. Operating Receipts. Receipts or cash collection from the sale of goods and services associated with the main functions or activities of the corporation during the year. ADEacC

2.1 Collection of Receivables. Collection of receivables generated from prior years' sales or exchange for goods sold/direct services rendered from the exercise of the regular functions of the corporation.

2.2 Others. All other operating receipts not otherwise classified above. Specify accounts with substantial amounts.

3. Non-Operating Receipts. Receipts or cash collection from the sale of goods and services not associated with the main functions or activities of the corporation during the year.

4. Assistance from the National Government. Budgetary support received by the corporation from the national government.

4.1 Subsidy. Amount granted to GOCCs from the General Fund for projects and to cover operational expenses that are not supported by corporate internally generated revenues or to cover corporate deficits and losses; but excluding amounts granted for tax subsidy.

4.2 Equity. The amount received by GOCC as payment of capital

subscriptions of the National Government in said Corporation.

4.3 Advances for Debt Servicing. Advances by NG for the servicing of government-guaranteed corporate debt during the year, net of repayment on such advances, loans outlays or proceeds from program loans relent to GOCCs.

5. Gross Borrowings. The amount from short and long-term loans both foreign and domestic.

6. Others. All other cash inflows not otherwise classified above. Specify accounts with substantial amounts.

7. Operating Expenses. Costs incurred in the exercise of the regular functions of the corporation involving cash outlay. cAHIaE

7.1 Personal Services. Refers to salaries, wages and other compensation (e.g., allowances of permanent, temporary, contractual and casual employees of the corporation).

7.2 Maintenance and Other Operating Expenses. All other expenses of the corporation resulting from the conduct of operations other than personal services.

7.3 Payment of prior years' accounts payable. This includes cash

outlays for the payment of obligations incurred in prior years.

8. Loan Repayments. The payment of principal of loan amount for both foreign and local loans. It does not include payment of interest.

9. Interest Payments. This pertains to the interest payment by the GOCC on foreign and/or domestic loan as well as interest on net lending paid to BTr.

10. Capital Outlays. Includes infrastructure and non-infrastructure projects of the corporation such as construction of roads, ports, hospitals, irrigation facilities and other similar physical structure and facilities funded from corporate funds, borrowings or subsidy/equity from the national government. ISHCcT

11. Investments in Securities, Subsidiaries, etc. The whole amount of investment made during the year and investments/capital infusion to subsidiaries.

12. Cash Advances. Advances to officers and employees or subsidiaries of the corporation.

13. Dividend Payments. Payment of cash dividends made during the year whether it was declared in prior or current year.

14. Income Taxes. Refers to tax levied on the taxable net income of the corporation during each taxable year determined in accordance with the schedule prescribed by the Bureau of Internal Revenue. DHSaCA

15. Others. All other cash outflows not otherwise classified above. Specify accounts with substantial amounts.

16. Cash Balance, Ending. Balance after adding the inflow to and subtracting the outflow from the Beginning Balance.

DBM Form No. 704-A

COMPARATIVE CASH FLOW STATEMENT

FOR THE CONSOLIDATED PUBLIC SECTOR DEFICIT

Department: ________________________________________________________________________________
Corporation: ________________________________________________________________________________
		DESCRIPTION	FY 2007	FY 2008	FY 2009	Remarks
					(Audited)	(Estimate)	(Estimate)
I.	TOTAL RECEIPTS
	1.	Operating Receipts	_______	_______	_______	________________
	2.	Rest of Receipts	_______	_______	_______	________________
		a.	Current Subsidies	_______	_______	_______	________________
			a.1	On Account of E.O. 93	_______	_______	_______	________________
			a.2	Rest of Subsidies	_______	_______	_______	________________
		b.	Others		_______	_______	_______	________________
II.	TOTAL CURRENT EXPENDITURES
	1.	Operating expenditures	_______	_______	_______	________________
		a.	Wages and Salaries	_______	_______	_______	________________
	2.	Other current expenditures	_______	_______	_______	________________
		a.	Interest Payments	_______	_______	_______	________________
			a.1	Interest payment to national	_______	_______	_______	________________
				government
			a.2	Other interest payments	_______	_______	_______	________________
		b.	Tax payments to NG and LGU	_______	_______	_______	________________
			b.1	On Account of E.O. 93	_______	_______	_______	________________
			b.2	Rest of tax payments	_______	_______	_______	________________
		c.	Other expenditures	_______	_______	_______	________________
		d.	Dividend payments	_______	_______	_______	________________
III.	TOTAL CAPITAL EXPENDITURES
	1.	Acquisition of fixed assets	_______	_______	_______	________________
	2.	Change in inventories	_______	_______	_______	________________
	3.	Other capital expenditures	_______	_______	_______	________________
IV.	INTERNAL CASH GENERATION
V.	FINANCING DEFICIT (-)/SURPLUS (+)
VI.	NET EXTERNAL FINANCING
	1.	Gross external financing	_______	_______	_______	________________
	2.	Repayment and amortization	_______	_______	_______	________________
VII.	NET DOMESTIC FINANCING
	1.	National government equity	_______	_______	_______	________________
	2.	National government net lending	_______	_______	_______	________________
	3.	Net domestic bank borrowing	_______	_______	_______	________________
	4.	Other net domestic financing	_______	_______	_______	________________
		Prepared by:		Approved by:
			–––––––––––––––––	––––––	–––––––––––––––––		––––––
			Responsible Officer	Date	Head of Corporation		Date

 

DBM FORM NO. 704-A

THE CONSOLIDATED PUBLIC SECTOR DEFICIT

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and of the Corporation. "Department" refers to the Department to which the Corporation is attached.

1. Use this form to present the three (3) year-comparative cash flow statement broken down into peso denominated and foreign currency denominated.

2. Reflect the certified actual figures for the Prior Year (PY) and estimates for the Current Year (CY) and Budget Year (BY).

3. Include only transactions involving cash inflows and outflows.

4. Disclose transactions involving foreign currencies such as, importation of equipment, foreign debt service and compensation of foreign consultants. Indicate the equivalent amount in Philippine Peso. cHaDIA

5. Accomplish DBM Form No. 705.

6. Indicate the position title of the officer responsible for the preparation of this form.

DEFINITION OF TERMS:

1. Operating Receipts. Revenues resulting from the sale of goods and services and use of capital associated with the main functions or activities of the corporation.

2. Rest of Receipts. The income earned by the corporation from other sources which are not directly related to the main function of the said corporation.

 This is composed of the following:

a. Current Subsidies. The amount granted to GOCCs from the General Fund, as follows:

a.1 On account of E.O. No. 93. Tax subsidy granted by the National Government to GOCCs. Those corporations which have pending applications for entitlement to subsidy with FIRB must disclose the same as a footnote in the form.

a.2 Rest of Subsidies. This includes all kinds of subsidies from the National Government whether for operations or specific project(s). This must include subsidies or grants received from other government agencies, GOCCs, local government units and/or foreign institutions/government.

b. Others. It refers to revenues not otherwise classified above and are therefore not recurring in nature, such as interest income, proceeds from the sale of scrap and/or obsolete equipment, materials and/or real assets, which sale is not the main function of the corporation. DECcAS

3. Operating Expenditures. This includes actual payments for personal services and maintenance and other operating expenses embodied in current sales either as direct inputs in the production of goods and/or the provision of services. This excludes non-cash items like the reserve for bad debts, allowance for depreciation/depletion, reserve for income tax or accrued tax liabilities and the like obligations.

4. Wages and Salaries. This reflects part of the Operating Expenditures spent for the total basic wages and salaries of the GOCC. The reflected amount must be treated as a memorandum item only. The total must not be affected by this entry since the same amount has been part of the total operating expenditures in item II.1. (Disclose transactions involving foreign currency by indicating the expense type and the equivalent Peso amount.)

5. Other Current Expenditures. This includes all other current expenditures incurred not directly to the production of goods or the provision of services.

a. Interest Payments. This is composed of the following:

a.1 Interest Payment to National Government. This refers to actual interest payments paid by the GOCC to National Government on account of the loan extended by National Government including advances made by the Bureau of the Treasury. Include on this account interest on net lending. CTHDcS

a.2 Other Interest Payments. This pertains to the interest payment made by the GOCC on foreign or domestic loan. (Disclose transactions involving foreign currency by indicating the expense type and the equivalent Peso amount.).

6. Tax Payments. This includes all taxes to be paid during the year. The withdrawal of tax exemptions on account of E.O. No. 93 must be quantified and reflected as other expenditures for financial transparency. For purpose of filing in this form, an equal amount must be reflected as other receipts for the offset. For purpose of disclosure, GOCCs must recognize as an expense item, tax payment, even if the same is still being contested in court, as a memorandum item.

7. Rest of Tax Payments. This includes real property taxes, income tax, sales taxes/VAT payments and other taxes not otherwise included in b.1.

8. Other Expenditures. This refers to expenses not directly connected with the production of goods and services, such as expenses incurred as a result of the sale of scrap/obsolete equipment/materials and/or real assets whose sale is not related to the main function of the corporation. AaECSH

9. Dividend Payments. As provided for in R.A. No. 7656, GOCCs must declare dividend payment to the national government. Payment of cash dividend during the period must be included in this form. Disclose the method used in computing Dividend Payments. Also, disclose dividends paid to entities other than National Government.

10. Capital Expenditures. This refers to the sum of acquisition of fixed assets, change in inventories and other capital expenditures.

11. Acquisition of Fixed Assets. This includes purchases of machinery and equipment and payment for construction work. Purchases of financial securities must not be included. (Disclose transactions involving foreign currency by indicating the expense type and the equivalent Peso amount.)

12. Change in Inventories. This includes changes in value of materials and supplies. (Disclose transactions involving foreign currency by indicating the expense type and the equivalent Peso amount.)

13. Other Capital Expenditures. This includes expenditures on intangibles deemed to be capital investments (e.g., exploration and drilling costs). It must not include capitalized values of future payments. Capital expenditures financed by suppliers' credits or project loans must be included and the latter included in financing.

14. Internal Cash Generation. This is defined as total receipts minus total current expenditures. It is not equivalent to the concept of changes in working capital, which includes increases in cash resulting from borrowing, running down of inventories and other items. The framework differs quite substantially from a corporation's statement of sources and uses of funds where internal cash generation is treated as a source of financing. ICHDca

15. Financial Deficit(-)/Surplus(+). This is equal to the total receipts minus the sum of current and capital expenditures. It must equal to the sum of net external financing and net domestic financing.

16. Net External Financing. The difference between gross external financing and repayments/amortization of external financing. (Disclose transactions involving foreign currency by indicating the expense type and the equivalent Peso amount.)

a. Gross External Financing. The amount from short, medium and long-term financing and direct investments by non-residents. It also includes project loans borrowed by National Government and relent to GOCCs.

b. Repayment and Amortization. Refers to payment of principal amount of loan only. It excludes payment of interest.

17. Net Domestic Financing. Financing derived from the following:

a. National Government Equity. The amount received by GOCCs as payment of capital subscriptions and generally capital investment of the National Government in said Corporations and which forms part of their capitalization. EADCHS

b. National Government Net Lending. Loans outlay plus advances minus repayments. This is an account used by the BTr in recording aggregate BTr advances for servicing matured obligations (foreign and domestic), proceeds of program loans relent to GOCCs and in the case of deposits of the national government to the institutions, less repayments made by the concerned government corporation. This must be accompanied by the corresponding breakdown of each account mentioned earlier.

c. Net Domestic Bank Borrowing. The difference between the gross domestic bank borrowing and the repayment of bank borrowing.

d. Other Net Domestic Financing. Includes loans and bonds payable to non-monetary system, investment, change in cash balance and other domestic borrowing, net of domestic lending which is not classified elsewhere.

DBM Form No. 705

COMPARATIVE SOURCES OF FUNDS

Department: ___________________________________________________________________________________
Corporation: ___________________________________________________________________________________
		PARTICULARS	FY 2007	FY 2008	FY 2009	FY 2010	FY 2011
					Actual	Estimates	Proposal	Forecast	Forecast
Corporate Funds
	a.	Corporate Income	_______	_______	_______	_______	______
	b.	Equity Contribution	_______	_______	_______	_______	______
		b.1	Private		_______	_______	_______	_______	______
		b.2	Other Government Entity except
			the National Government	_______	_______	_______	_______	______
	c.	Others (Specify)		_______	_______	_______	_______	______
General Funds
	a.	Equity Contribution — National
		Government		_______	_______	_______	_______	______
	b.	Subsidy — National Government	_______	_______	_______	_______	______
	c.	Infrastructure Funds Allotment	_______	_______	_______	_______	______
	d.	Special Account in the General
		Fund (specify)		_______	_______	_______	_______	______
	e.	Other Funds Received from the
		National Government	_______	_______	_______	_______	______
Borrowings
	a.	Foreign Loan Availment	_______	_______	_______	_______	______
	b.	Domestic Loans		_______	_______	_______	_______	______
	c.	Others (Specify)		_______	_______	_______	_______	______
	Total Sources		_______	_______	_______	_______	______
			Prepared by:		Approved by:
			––––––––––––––––––––––––––––––––––	–––––––––	–––––––––––––––––––––––	–––––––––
			Accountant/Budget Officer/Planning Officer	Date	Head of Corporation	Date

DBM FORM NO. 705

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and of the Corporation. "Department" refers to the Department to which the Corporation is attached. DAaIEc

Use this form to present comparative sources of funds for the period as indicated identifying the sources of funds that would accrue to the GOCC.

A. Corporate Funds. This will include the following:

a. Corporate Income — operating receipts earned during the year in the course of business transactions.

b. Equity Contribution from the Private Sector and Other Government Entity — capital contribution by the interested public and other government entity as mandated by the respective charters of concerned GOCCs.

c. Others — receipts from other sources not included above.

B. General Funds. This will represent budgetary support of the National Government to the GOCCs in the form of equity contribution, subsidy, and other fund support releasable from the General Fund.

C. Borrowings. This will include direct foreign and domestic loan availments, loans relent by the national government to the GOCCs, and all other forms of loans extended by non-government financial institutions or individuals. THDIaC

DBM Form No. 706

USES OF FUNDS BY EXPENSE CLASS

 

DBM FORM NO. 706

GUIDELINES IN ACCOMPLISHING THE FORM

Indicate the name of the Department and of the Corporation. "Department" refers to the Department to which the Corporation is attached.

1. Accomplish the form separately for each year: prior year, current year, budget year and etc. Mark "X" the appropriate year.

2. Use this form to categorize expenditures by source of fund and by expense class, in accordance with the structure outlined under National Budget Memorandum No. 61 dated 22 March 1993.

3. Reflect the following: (1) certified actual expenses for the prior year (year immediately preceding the current year); (2) estimated expenses for the current year; (3) the proposed expenses for the budget year; and, (4) the forecasts for 2 succeeding years. SDEITC

DESCRIPTION OF ITEMS:

1. Program/Activity/Project. GOCCs must be guided by their corporate charter and the corresponding amendments thereto in formulating the said structure. All Programs/Activities/Projects with regional components should be reflected by region after the program/activity/project statement.

2. NG Equity/Subsidy and/or Loans Outlay. Indicate the proposed expenditures to be funded by the National Government in the form of equity/subsidy and/or loans outlay.

3. Corporate Borrowings. Include proposed expenditures for programs or projects to be funded from direct corporate borrowings whether from domestic or foreign source.

4. Corporate Funds. This covers proposed expenditures for programs and projects to be funded from corporate operating receipts, beginning cash balance, and other internally generated fund sources. TaSEHD

DBM Form No. 707

REQUIREMENTS OF LOCALLY-FUNDED PROJECTS

___________________________________________________________________________________________
1.	PROJECT NAME:
___________________________________________________________________________________________
2.	IMPLEMENTING GOCC/GOCCs:
___________________________________________________________________________________________
3.	PROJECT DESCRIPTION/OBJECTIVES:
___________________________________________________________________________________________
4.	IMPLEMENTATION PERIOD:
		Original	Revised
	Start
	Completion
___________________________________________________________________________________________
5.	TOTAL PROJECT COST:
		Original	Revised
___________________________________________________________________________________________
6.	PROJECT CATEGORY & APPROVED ALLOCATION:
		Total (P)		2007
	Category/Component	Original	Revised	cum.	2008	2009	2010	2011	Bal.
	Component 1
	Component 2
	Component 3
	Component 4
TOTAL, GOCC
___________________________________________________________________________________________
7.	COST STRUCTURE BY EXPENSE CLASS
		Total (P)		2007
		Original	Revised	cum.	2008	2009	2010	2011	Bal.
	PS
	MOOE
	CO
TOTAL, GOCC
__________________________________________________________________________________________
8.	BUDGET BY LOCATION
		Total (P)		2007
		Original	Revised	cum.	2008	2009	2010	2011	Bal.
Location:
	Region I to n
	Province I to n
	District I to n
	Municipality I to n
TOTAL
__________________________________________________________________________________________
9.	PHYSICAL TARGET AND ACCOMPLISHMENT
		Total			Target (No.)			Accomplishment (%)
	Performance Indicator	Original	Revised	2007 cum.	2008	2009	2010	2011	2007 cum.	Slippage
__________________________________________________________________________________________
10.	IMPLEMENTATION PROBLEMS
__________________________________________________________________________________________
11.	Prepared by:			12. Certified Correct by:	13. Approved by:
	__________________	___________________	____________________		_________________
	PROJECT DIRECTOR/	PLANNING OFFICER	CHIEF ACCOUNTANT		HEAD OF
	BUDGET OFFICER						CORPORATION

 

INSTRUCTIONS

Notes:	1)	Accomplish this form for each locally-funded project of the GOCC. This same form shall also be accomplished by GOCCs providing grants-in-aid.
	2)	For projects which have not submitted the original project profile or for projects with approved revisions, please accomplish the Locally-Funded Projects Profile (copy attached).
Box No. 1	Indicate the Project Name as identified in the project document or as approved by pertinent approving authorities such as the Investment Coordination Committee (ICC), if applicable. For any change in Project Name, indicate the old name enclosed in parenthesis.
	Illustration: Water Supply and Sanitation Project (Formerly Water Supply Project)
Box No. 2	Identify the name of the implementing GOCC submitting the form. Indicate the role of the GOCC in project implementation (lead or participating) in parenthesis after the name of the GOCC.
Box No. 3	Brief description of the project and or its objectives.
Box No. 4	Duration of project implementation specifying the day, month and year of project start and completion both original and revised (if applicable). For projects with extension/s, indicate all dates of extension under the "REVISED" column.
Box No. 5	Total project cost refers to the amount necessary to undertake and complete the project. Includes original and revised project cost, if applicable.
Box No. 6	List down all components/categories/activities of the project and their corresponding costs, original and revised, if applicable.
Box No. 7	Present the project cost and financial status of the project for the period/years indicated according to Expense Class (Personal Services, Maintenance and Other Operating Expenses and Capital Outlay).
Box No. 8	Indicate the location/s of the project at the regional, provincial, district and municipal levels.
Box No. 9	List down the project's physical targets in absolute terms and the corresponding accomplishments for the periods/years indicated. Specify the pertinent performance measurement indicators using as basis the components/categories used in Box No. 6. Express slippage/overperformance as the difference between target and accomplishment in relative terms. Enclose slippage data in parenthesis.
Box No. 10	Major implementation problems encountered or expected in the course of project execution. Include the causes of cost overrun which is the difference between the original cost and the revised cost.
NOTE:	All proposals for new major projects must have been approved by the ICC as of __________ 2008 and costed for funding implications for the years 2010 to 2011.

DBM Form No. 707-A

LOCALLY-FUNDED PROJECT PROFILE

___________________________________________________________________________________________
PROJECT NAME:
___________________________________________________________________________________________
IMPLEMENTING GOCC/GOCCs:
___________________________________________________________________________________________
PROJECT DESCRIPTION/OBJECTIVES:
___________________________________________________________________________________________
IMPLEMENTATION PERIOD:
___________________________________________________________________________________________
PROJECT COST:
		Original	Revised
___________________________________________________________________________________________
PROJECT CATEGORY & APPROVED ALLOCATION:
Category/Component	Original	Revised
___________________________________________________________________________________________
PROJECT IMPLEMENTATION SCHEDULE:
Financial Target
		Original	Revised
Year 1 _________
Year 2 _________
Year 3 _________
Year 4 _________
Year 5 _________
__________________________________________________________________________________________
GEOGRAPHICAL DISTRIBUTION:
		Total (P)			Year
Location		Original	Revised	1	2	3	4	5
Region I to n
	Component I....
Province I to n
	Component I....
District I to n
	Component I....
Municipality I to n
	Component I....
TOTAL
_________________________________________________________________________________________
PHYSICAL TARGET (By category/Component and activities to be undertaken under each category, i.e., training, construction of road, purchase of drugs and others to be undertaken)
Category/Component	Target	Year	1	2	3	4	5
Date Prepared/Submitted to DBM: __________________

GUIDELINES IN FILLING UP THE LOCALLY-FUNDED PROJECT PROFILE

Frequency	:	Once during the project's implementation
				and if there are approved revisions, an
				updated profile shall be submitted.
Responsibility Center	:	To be accomplished by the GOCC
I.	Project Name	:	The official title of the Project
II.	Implementing GOCC/GOCCs	:	The GOCC tasked with the implementation
			of the project. For project with
			multi-implementing agency, indicate the
			role of the agency in project
			implementation.
III.	Project Description/Objectives	:	The purpose of the project.
IV.	Implementation Period	:	Time frame which, the project must be
			completed.
V.	Project Category and Approved
	Allocation	:	Corresponds to the categories/components
			of the project and their corresponding costs,
			original and revised, if applicable.
VI.	Project Implementation
	Schedule	:	Financial targets shall be disaggregated by
			year and by category. The amount for the
			whole duration of the project should
			correspond with the total project cost.
VII.	Geographical Distribution	:	The region/province/municipality or areas
			to be covered by the project broken down
			by category/component and year.
VIII.	Physical Target	:	Indicates the activities to be undertaken, the
			expected outputs or results of the project
			broken down by year and by
			category/component.
IX.	Date Prepared/Submitted	:	Corresponds to the date the profile was
			prepared and submitted by the GOCC.

 

DBM Form No. 708

REQUIREMENTS OF FOREIGN-ASSISTED PROJECTS

 

INSTRUCTIONS

AND FOREIGN-ASSISTED PROJECT PROFILE

NOTE: Accomplish one form for every foreign-assisted project. For project with multi-implementing GOCCs (with one or multi-donors/creditors), each implementing GOCC shall accomplish the form for its own component. In addition, the lead/executing GOCC shall be responsible for the submission of an overall project profile. Complete all information requested.

Frequency of Submission

DBM Form No. 708 Yearly during budget preparation/consultations.

DBM Form No. 708-A Once during the project's implementation and if there are approved revisions (total project cost, loan cancellation, etc.) an updated form shall be submitted.

DBM FORM No. 708

	For boxes 1, 2, 3 and 4:
Column — 2007 Actual	Refers to the project's 2007 actual obligations based on the
	GOCC's final trial balance as of December 31, 2007. The
	amounts should be disaggregated as to expense class,
	category, component and allocation by location.
2008 Current	Refers to the 2008 current program as per the 2007 GAA
	of each FAP. It also includes reprogramming/realignment,
	automatic appropriations, continuing allotment
	(unreleased appropriation and unobligated allotment) and
	additional programming from Special Purpose Funds. The
	amounts should be disaggregated as to expense class,
	category, component and allocation by location.
2009 Proposed	Refers to the 2009 proposed program for each FAP. This
	shall correspond to the program in Schedules A, B and C
	and if possible, to the allocation (for the year) per
	approved FOA as indicated in Part I, Item 15. The
	amounts should be disaggregated as to expense class,
	category, component and allocation by location.
	For Box 4:
Cumulative	A.	Physical
As of		Refers to the actual accomplishment of the project from
Dec. 31, 2006		the start up to December 31, 2006.
	B.	Financial
		Refers to the actual obligations incurred from the start of
		the project up to December 31, 2006.
	For Box 5:
	Refers to the problems/issues encountered during its
	implementation. May indicate the following information
	for tracking purposes: (1) target/completion date; (2)
	responsibility centers; (3) status/remarks; (4) revised
	action plan/target date; etc.

NOTE: All proposals for new loan-assisted projects must have been approved by the Investment Coordination Committee (ICC)-Cabinet Committee Level as of March 31, 2008 and appraised for funding implications for the years 2008 to 2011.

DBM Form No. 708-A

FOREIGN-ASSISTED PROJECT PROFILE

DBM Form No. 708-A

Item 1 The project's "nickname" as agreed and recognized during the ICC deliberations.

Item 2 The official title, project name identified in the project appraisal/loan documents. For any change, indicate the old title enclosed in parenthesis.

Illustration: RP-German Community Forestry Project, Quirino (Formerly RP-German Integrated Rainforest Management Project)

Item 3 The name of the lending institution/donor agency/GOCC financing the project.

Item 4 Identified loan/grant number in the loan/grant agreement.

Item 5 The national government agency/government-owned and controlled corporation (NGA/GOCC) tasked with the implementation of the project. CScTDE

Item 6 The lead NGA/GOCC tasked with the implementation of the project.

Item 7 Historical background of the project from its deliberation, approval, implementation and completion.

Item 8 As approved by the ICC and as negotiated or noted by the lending institution.

Item 9 Sectoral classification under which the project is categorized.

Item 10 Sub-sectoral classification of the project.

Item 11 Brief description/objectives/purpose of the project

Item 12 Areas to be covered by the project down to province/municipality (if applicable)

Item 13 Terms and conditions of the loan agreement

Item 14 Project cost by mode of availment and funding source in original currency and its peso equivalent. Foreign exchange used should be the ICC rate. Provide a summary data of total loan proceeds availment and peso counterpart after the total cost. Funding source are loan/grant proceeds and peso (GOP) counterpart fund. Disaggregate loan/grant proceeds by mode of availment (working/imprest fund, direct payment) while GOP for costs which are borne by the Government of the Philippines including imputed/attributed to regular GOCC budgets. DAcaIE

Item 15 Allocation by project category/component of the GOCC as reflected in the loan/grant agreement, by loan/grant proceeds and peso (GOP) counterpart fund. Include under each component the expense class (personal services, maintenance and other operating expenses and capital outlay). The cash and non-cash allocation under the loan proceeds for each expenditures may also be included.

Project Category	-	items of expenditures reflected under the
		allocation of proceeds of loan (i.e.,
		equipment, consultancy, etc.). See attached
		category grouping.
Project Component	-	group of activities performed to achieve a
		specific major final output (MFO) (i.e., rural
		infrastructure, reforestation).

Item 16 If possible, indicate the allocation of the project cost by region, etc.

Item 17 Cumulative budget status for specified periods/years.

Item 18 Physical targets and accomplishments by major performance indicator in absolute numbers should correspond with a breakdown by project component for the periods/years indicated. Express slippage/overperformance as the difference between target and accomplishment in relative terms. Enclose slippage data in parenthesis.

Item 19 Major implementation problems encountered or expected in the course of project execution. Include the causes of cost overrun which is the difference between the original cost and the revised cost. STaAcC

DBM Form No. 709

PROJECTS WITH PRIVATE SECTOR FUNDING PARTICIPATION

 

DBM FORM NO. 709

FUNDING PARTICIPATION

1.0 This form seeks to obtain data on development programs and projects to be undertaken for FY 2009 through the private sector under various financing arrangements with government corporations.

2.0 Under the Project Title, indicate the name of the project as follows:

2.1 New Projects are those for negotiation and implementation after December 31, 2008.

2.2 On-going Projects are those covered or expected to be covered by final agreements on or before December 31, 2008.

3.0 Project Description should include the name location and a brief description of the objectives/targets of the project. DACIHc

4.0 Nature of Private Sector Participation must contain information on the various arrangements for project implementation schemes between the government and the private sector entity, such as, Build-Operate-and-Transfer (BOT) scheme, Build-Own-and-Operate (BOO), Build-Transfer-and-Operate (BTO), Build-and-Transfer (BT), Build-Lease-and-Transfer (BLT), etc.

5.0 Private Sector Entity Involved shall include the name of the firm/s engaged in the project.

6.0 Extent of Private Sector Participation shall reflect the private firm exposure in the project expressed in terms of percentage.

7.0 Project Duration refers to the period from start to finish of the project.

8.0 Total Project Cost refers to the amount necessary to undertake and complete the project.

8.1 Indicate under this column the total project cost which shall reflect the government and private sector funding to the project. This shall be further segregated into private and national government cost. SAaTHc

8.2 The amounts under item 8.1 above shall be further disaggregated based on estimated annual funding requirements from start to finish.

DBM Form No. 710

FY 2009 ANNUAL GAD PLAN AND BUDGET

Department:
GOCC
Major Final Output:
	Program/Activity/	Gender	GAD	Identified	Target	GAD	GAD Budget
	Project	Issue/Concern	Objective	GAD Activity		Performance
						Indicator
	___________	___________	______	__________	_____	________	_________
	___________	___________	______	__________	_____	________	_________
	___________	___________	______	__________	_____	________	_________
	___________	___________	______	__________	_____	________	_________
	___________	___________	______	__________	_____	________	_________
	___________	___________	______	__________	_____	________	_________
TOTAL
	Prepared by:		Approved by:		Date:
	CHAIRPERSON OF GAD FOCAL POINT	HEAD OF CORPORATION	DAY/MO/YR

DBM FORM NO. 710

This form presents the agency GAD plan and budget for FY 2009.

Column (1)	Program/Activity/Project
	The objective for reviewing the agency mandate and existing P/A/P(s) is to surface the gender issues that the GOCC should address. GOCC P/A/P(s) to be reviewed must be major, centerpiece programs.
	The Gender Equality and Women's Empowerment Framework shall be the guiding framework in reviewing the GOCC's existing P/A/P(s). Sex-disaggregated data must also be used when analyzing the GOCC's existing P/A/P(s). The Framework Plan for Women, the Philippine Plan for Gender-responsive Development and the Convention on the Elimination of All Forms of Discrimination Against Women may serve as references for identifying the gender issues that the GOCC must address. Consultations with gender-aware women and the GOCCs' clientele should likewise be undertaken to validate and further define the gender issues articulated in the above-mentioned documents.
	GOCCs without sex-disaggregated data must identify the disaggregation of data by sex as a GAD activity to be prioritized for implementation so as to avoid reporting the same problem in the following years.
Column (2)	Gender Issue/Concern
	The objective of this action then is to prioritize the gender issues that the GOCC will commit to address within the year.
	A gender issue can be classified as client-focused or organization-focused. A client-focused gender issue articulates the extent of disparity of women and men over benefits from and contribution to a program and/or project of the GOCC. On the other hand, an organization-focused issue points to the gap in the capacity of the organization to integrate a gender dimension in the activities of its programs and projects.
	The GAD Focal Point, however, must ensure that gender issues that have not been prioritized shall be addressed by the GOCC in the next planning year.
Column (3)	GAD Objective
	The objective at this point is to clarify and spell-out what the GOCC intends to accomplish vis-à-vis each gender issue that the GOCC commits to address.
	The GAD objective must describe the intended outcome rather than merely state the intended activities of the GOCC. It must be specific, measurable, attainable, realistic and time-bound.
	Identifying intended outcomes will help the GOCC identify appropriate GAD activities; keep its direction and ensure proper focus during implementation; and assess its accomplishments and gains vis-à-vis the gender issues identified.
Column (4)	Identified GAD Activity
	The objective of this action is to identify corresponding interventions for each gender issue that the GOCC commits to address.
	Said interventions may take the form of the GOCCs' existing P/A/P(s) but enhanced with the GAD perspective OR it may take the form of a reformulated P/A/P. The activities that will make the GOCC or the existing P/A/Ps of the GOCC address the gender issues of its clients or organization are called GAD activities. The GAD activities can either be client-focused or organization-focused.
	Client-focused GAD activities are activities that seek to address the gender issues of the GOCC's clients. For oversight GOCCs whose clients are government organizations, client-focused GAD activities may include the review and integration of GAD in policies, database systems, monitoring and evaluation, or integration of GAD in training modules of government employees.
	Organization-focused activities are activities that seek to: a) create the organizational environment for implementing gender-responsive policies, programs and projects; and b) address the gender issues of employees particularly those that affect women's performance as government workers like sexual harassment, low participation of women in human resource development undertakings and decision-making structures and processes, and lack of support to ease women's multiple burden such as daycare in the workplace.
	GOCCs shall give premium to client-focused GAD activities than the organization-focused GAD activities.
Column (5)	Target
	The objective of this action is to identify the quantitative and qualitative results that the GOCC is aiming for which will be the bases for monitoring and evaluating the GOCC's accomplishments and achievements on GAD.
	Results refer to the change that has occurred after implementing the activity. The two types of results are the immediate results of the activity (output) and the more distant change (outcome) that are anticipated or actually have occurred as a result of a series of related activities and achieving a combination of outputs.
Column (6)	Performance Indicator
	The objective of this action is to identify the quantitative and qualitative measures of progress vis-à-vis the achievement of the targets set by the GOCC.
	Quantitative indicators are measures or evidences that can be counted while qualitative indicators are measures or evidences that provide meaning and understanding of the clients' experiences.
Column (7)	GAD Budget
	The objective of this action is to determine the amount to be allocated by the GOCC for the implementation of its GAD activities contained in the fourth column.

DBM FORM NO. 710-A

ANNUAL GAD ACCOMPLISHMENT REPORT

GOCC ___________________________________________________________

Program/Activity/	Gender Issue	GAD Activity	Results	Cost	Remarks
Project
(1)	(2)	(3)	(4)	(5)	(6)
_____________	__________	__________	_______	_____	______
_____________	__________	__________	_______	_____	______
_____________	__________	__________	_______	_____	______
_____________	__________	__________	_______	_____	______
_____________	__________	__________	_______	_____	______
_____________	__________	__________	_______	_____	______
Prepared by:		Approved by:		Date:
CHAIRPERSON OF GAD FOCAL POINT	HEAD OF CORPORATION	DAY/MO/YR

 

DBM Form No. 710-A

Column (1)	Programs/Activities/Projects
	GOCCs which have reviewed their programs/activities/projects for gender-responsiveness will proceed by filling up all the sections. Beginners in gender mainstreaming or those GOCCs which have yet to create the environment supportive of gender mainstreaming will start with the second section of the form. Beginners in gender mainstreaming are those which have yet to: make key people in the GOCC appreciate and understand gender; formulate internal policies that will support gender mainstreaming in the GOCC; create mechanisms for GAD such as Focal Point and trainers' pool; and develop sex-disaggregated databases.
	To assess the progress in gender mainstreaming, agencies may use the "Gender Mainstreaming and Evaluation Framework" (GMEF). It is a self-assessment tool which will help GOCCs determine where they are in the gender mainstreaming continuum and formulate measures towards progress. The GMEF is available for viewing and free download at www.ncrfw.gov.ph. Hard copies may be purchased at the NCRFW library.
	Entries to this section shall include the title, objectives, target clientele, and the total budget of the program, project or mainstream activities.
Column (2)	Gender Issue
	An issue may be reported as a gender issue if it:
	•	articulates the extent of disparity of women and men over benefits from and contribution to a program and/or project of the GOCC (Client-Focused Issues), or
	•	points to the gap in the capacity of the organization to integrate a gender dimension in the activities of its programs and projects (Organization-Focused Issues).
	A gender issue is best drawn from a gender analysis or diagnosis and is supported by data and statistics. The supporting data tells about the extent and magnitude of the gender issue or bias being presented.
Column (3)	GAD Activity
	The GAD activity is a component of the regular programs, activities and projects of the GOCC. An activity may be reported as a GAD activity if it seeks to:
	•	promote the equality between women and men in the distribution of benefits and the opportunity to contribute to a GOCC program or project; and/or
	•	address the gaps in knowledge, skills, and attitudes of key personnel on gender mainstreaming.
	It is important to note that in most areas of life, there are significant disparities between women and men. In order to address the disparities, GOCCs have to uphold positive actions to promote the interest of women. For example, in promoting women's participation and involvement in farmer's cooperatives, it is not of value for GOCCs to target and report 50% men and 50% women as participants since this will not change the existing status of women as against men. In the same token, activities that target women without clear articulation as to how they will contribute to closing in gender gaps are likewise of little value. Examples of this are: procurement of violet uniforms for the GOCC's women choral group members, laser tooth extraction for employees, purchase of mineral water for employees, and construction of structures such as covered path walks and tennis court.
	GAD activities may target women, men or both. Activities that have targeted men may be reported as GAD activity for as long as the objective is to correct gender disparities as in the case of establishing a network of men against sexual harassment in the workplace or training and encouraging men to share in parenting and child-rearing responsibilities.
	GOCCs, especially those which are new in gender mainstreaming may report activities that are intended to develop or strengthen their institutional capacity for gender mainstreaming.
Column (4)	Results
	This section shall reflect the consequences of the activity that has been conducted. It shall provide a description of the change that has occurred after implementing the activity. There are two types of results that have to be reported. The immediate results of the activity (output) and the more distant change (outcome) that are anticipated or actually have occurred as a result of a series of related activities and achieving a combination of outputs. In cases where many activities are required to come up with an output, it is recommended that the GOCC reflects all these activities in the report.
Column (5)	Cost
	To avoid double counting and attributing the entire program or project cost as GAD Budget, GOCCs will only report the actual cost for the conduct of the GAD activities. The GOCC shall specify whether the funding was sourced from overseas donors or from the GAA or from both.
Column (6)	Remarks
	GOCCs are encouraged to report any deviation from their proposed plan and budget and provide the reasons for the deviation as well as the factors that have facilitated or hindered the implementation of gender mainstreaming in the GOCC.

ANNEX B

FY 2009 CORPORATE BUDGET CALENDAR

	ACTIVITY	DATE
1.	Issuance of the FY 2009 Corporate Budget Call	May 2, 2008
2.	Budget Forum on the FY 2009 Corporate Budget	May 6, 2008 PM
3.	Deadline of Submission of FY 2009 GOCC Budget	May 30, 2008
	Proposals/BESF data
4.	Conduct of Budget Consultation	June 2-13, 2008
5.	DBM Budget Review	June 16-25, 2008
6.	DBCC Deliberation	June 26-27, 2008
7.	Presentation to the President and the Cabinet of the FY 2009	June 30, 2008
	Proposed Budget Levels of Department/Agency/Special
	Purpose Funds
8.	Finalization of National Expenditure Program (NEP), BESF	July 1-8, 2008
	Tables, Staffing Summary, Budget Message
9.	Printing of FY 2009 Budget Documents	July 9-18, 2008
10.	Submission of the FY 2009 Budget Documents to the	July 21, 2008
	President
11.	Submission of the President's Budget to Congress	July 28, 2008