University Student Council Financial Statements for the Term Ending 30 April 2014

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USC UP Diliman

Financial Report 2013-2014

University Student CouncilUniversity of the Philippines Diliman


USC UP Diliman

Financial Report 2013-2014 1

ContentsForeword 2

Message from the USC Chairperson 3

Message from the USC Treasurer 4

Message from the UPJPIA Accounting Services Ad Hoc 6

Statement of Accountability 9

Statement of Activities 10

Statement of Financial Position 13

Statement of Cash Flows 14

Notes to Financial Statements 18

The University Student Council 62

USC UP Diliman


ForewordLet’s face it whether there are political parties or not, whether there are pressing

issues such as budget cut, college name changes, freshie recruitment or not and finally whether we like it or not, student councils and other governing bodies will definitely exist in our current society Politics has always been a strange area for me and because of this, I have never been involved with any political organization before This was true though until I became CEO of UP Junior Finance Association (UP JFA) in 2013

UP JFA and the University Student Council (USC) teamed up to spread financial literacy and to organize seminars about finance and investments in the university I distinctly remember having a talk at the Molave Residence Hall at around seven at night It was a rainy evening and when everyone else was studying for exams, we were having a personal finance talk at the lobby of the dorm USC was in charge of logistics and promotions while JFA was in charge of providing the speaker

This was especially memorable for me because a day before the talk, our invited speaker backed out and we were left with no one I remembered we were rushing to look for a substitute We texted all our finance professors, our previous speakers and anyone we can think of to ask if they can do the talk

But obviously though no one was available for such short notice I became an instant speaker overnight, which I would like to note that I have no special skill for I am not an outspoken person Perhaps public speaking might even be one of my greatest weaknesses But my passion for finance, spreading financial literacy and the love for the organization gave me the courage to speak in front of the crowd This memory touches me deeply because this was the first moment I opened up to someone, a crowd even, about the financial difficulties my family is facing It was hard talking about family financial difficulties since for the longest time I knew there was a big problem in our finances but I never talked to anyone about it, I just try to forget about it, I act as if there was no problem at all That might work for me or others in the short run but a big problem is hard to conceal

I know talking about money is taboo or forbidden in the Philippine setting but I think this is an urgent matter to talk about We need to settle our differences and be open about what bothers us most even in matters of money I just hope that we do not wait for our financial problems to escalate so big, at the point where it is immensely difficult to handle, before we start talking about finances USC is doing a great job in spreading financial literacy and upholding transparency of the council’s finance A lot may be said and improved but I think this is a first step towards a culture of financial transparency and openness Hopefully, its effects extend far beyond this moment

Timothy John M .EsguerraChief Executive Officer (A.Y. 2013-2014)

UP Junior Finance Association03 September 2014

USC UP Diliman


MESSAGE FROM THE

University Student Council Chairperson

Transparency and Accountability - a practice and a principle inherently important in achieving a democratic and participative society However, it is a practice that is often neglected, and a principle that is allotted minimal attention

It is this very practice and principle that the University Student Council had in mind when it launched and pioneered with the UP Junior Philippine Institute of Accountants, the University Financial Transparency Reporting Standards, setting an example to all councils and organizations how to meet and comply with financial and institutional standards that will ensure certain rights and liberties of the students But more than that, this very project aimed to set an example to a larger set of officials - the UP Administration and the Government With serious issues plaguing the youth such as systemic state abandonment, and lack of budget for Education, the University Student Council took a proactive and concrete step to ensure that democracy will be the substantial democracy we dream it to be - that our officials will not use ignorance and concealment to defeat our rights

With that, Transparency and Accountability was not merely an administrative practice No With this project, it became a tool to safeguard the very liberties we are fighting for It became our shield to fraudulent malpractices Transparency and Accountability became the assurance of every Iskolar ng Bayan that real power lies with them And that is our legacy - giving the power back to the students

Ana Alexandra C. CastroChairperson

University Student Council 2013 – 2014University of the Philippines – Diliman

USC UP Diliman


MESSAGE FROM THE

University Student Council Treasurer and Finance

Committee HeadResponsive and Responsible Finance: Professionalism, Transparency and Accountability

Finance is the entity’s conscience – practical, rational and ethical

The Term of the University Student Council (USC) 2013-2014 of the University of the Philippines - Diliman has indeed achieved remarkable progress in its financial management and financial reporting functions and responsibilities The origins began with the noble endeavor of the USC to comprehensively capture the financial activity of the entire entity without failing to preserve the integrity and principles that it upheld

Upon its formal establishment and initial operation, the USC Finance Committee was instantly challenged to produce both a conceptual framework and a practical system that would be able to reliably measure and faithfully represent the administration and utilization of the economic resources and assets entrusted to, or generated by the USC In order to hurdle this challenge, the USC Finance Committee immediately commissioned the skill and expertise of the distinguished UP Junior Philippine Institute of Accountants and together with its newly-formed Accounting Services Ad Hoc, headed by several of the organization’s brightest Business Administration and Accountancy students, developed the University Financial Transparency Reporting Standards or UFTRS as it is popularly called The conformity to these standards would serve as the substantive force behind the proper accounting of financial transactions underlying the operations of the USC that required different economic resources

It was with this guiding reporting system that the USC Finance Committee was able to efficiently and effectively discharge its power and authority over the financial responsibilities of the USC to ensure the timely accessibility and provision of the necessary monetary or non-monetary resources for the USC’s general and specific purposes It was through the USC Finance Committee’s management and oversight efforts that provided the sufficient and appropriate economic requirements needed by the USC’s four standing committees, thirteen special standing committees, and three ad hoc committees for these to implement and deliver its planned campaigns, services and activities

In a mixture of excitement, exhilaration and exhaustion, the USC Finance Committee’s directive and administrative capabilities was tried and tested by not just the general operational requirements and external partnerships of the entire entity but moreover by the extraordinary demands of its major programs such as the UP Pride Week of 2013, the UP Freshie Week of 2013, the Isko Operations relief and rehabilitation initiatives, the University Student Council Elections of 2014, and its flagship event

USC UP Diliman


the, UP Fair of 2014 Through its term-long exercise as the practical conscience of the USC, it is with much delight and humility that such accomplishments, contributions, relationships and whatever difference the USC made or built now belong to both its institutional history and tradition as well as the collective memory of the University’s students and community, whom we are mandated to serve

Yet with the inevitable realities of change and succession constant, the conclusion of office of the (former) USC of the Term 2013 – 2014 materialized with its governing responsibility and mandate passed on to the new (incumbent) USC of the Term 2014 – 2015 It was at this turning point that the USC, at the beginning of the new term, was again faced with a challenge – an ongoing and experiential one that is inherited by every new USC in office: To improve our achievements, to remedy our shortcomings, to remember our struggles, and to pursue the many opportunities that lie beyond

It is in confidence and hope that the new USC, with its Finance Committee still serving as its practical, rational and ethical conscience, will bravely and competently meet this challenge and leave a challenging legacy for succeeding councils to match Ituloy natin ang napagtagumpayan, para sa UP, para sa Bayan

I extend my deepest and sincerest gratitude for the support, assistance, and trust given by all and it is with great pride, relief, and satisfaction that I present the USC Financial Statements for the Term 2013 – 2014; may the principles of professionalism, transparency and accountability prevail

In honor and excellence!

Raphael Aaron A. LetabaTreasurer and Councilor

University Student Council 2013 – 2014University of the Philippines – Diliman

USC UP Diliman


MESSAGE FROM THE

UP Junior Philippine Institute of Accountants

Accounting Services Ad HocTo some, financial transparency may be just an obscure phrase – totally irrelevant

and uninteresting To others who may find some interest, it may be just a piece of rhetoric, meant to arouse, to give delusions into a glimpse of honesty that was never meant to be applied But to most of us who have been deprived, and yearning of it, we know it deserves to live beyond the letters Transparency is the testimony of the faithfulness to the mandate of the people Transparency yields trust, and trust is the key lubricant for communication, and an indispensable ingredient for development Most of all, it should be tangible, truthful, and correct

This document, by no means, is exempted from the tenets of financial transparency It may bear the seal of a finance administrator – or even provide the utmost content – but nothing shall hold ground, unless everything presented have been subject to scrutiny Every piece of detail must yield accuracy; otherwise, financial transparency would be a myth in this report

What does it take to be financially transparent, then? It thus seems to be a tedious and lengthy process A lot may easily wander off to achieve it; but along the way, most would feel overburdened, ungratified, and eventually give up The sheer number of pages in this document, the time required producing this, and all other resources used up may seem intimidating enough for the lone venturer But a piece of hope: this report would not have been possible without the presence of the standard behind it – the UFTRS

UFTRS, a shortened term for the University Financial Transparency Reporting Standard, is the guiding set of rules which sheds light in creating this report With the presence of directions to adhere to, one’s quest for financial transparency is halfway through From identifying the transactions, providing processes for documentation, and establishing the financial recording system itself, one would realize that transparency is now in an easier reach

USC UP Diliman


I have been truly fortunate to witness the creation of the UFTRS, and take part in its implementation Back in the days when it was just being disseminated towards the UP studentry, we have seen how it was a nightmare to most student councils – particularly their finance officers – to create reports that would be deemed as competent, fair and accurate by the public With its advent, not only did it help in recording the finances of every student body; it also made all reports uniform and comparable Somehow, it still dazzles me to see a financial report – whether made by students from the sciences or the arts – similar and relatable to each other, and to this as well And that is the power of having a unified standard

More than ever before, UFTRS is in its most exciting phase of implementation With more and more student councils adopting the standard, and presenting their finances as prescribed, slowly, we realize that making reports is not that hard, after all Soon, we might find ourselves in our organizations using it Councils after councils, orgs after orgs, as more gathers to implement it, we begin to witness transparency unfolding right before us A once obscure and irrelevant phrase may finally be appreciated and vividly observed

Let us not be content with the murky veil that has once prevailed and kept us from knowing further All of us deserve transparency at its finest form May this document serve as an example to all of us that we have a right to know better

Ramon Carlo L. Pio RodaChairperson

Accounting Services Ad Hoc (2nd Semester, A.Y. 2013 - 2014)UP Junior Philippine Institute of Accountants

USC UP Diliman


The Financial Statements

2013-2014

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University Student CouncilUniversity of the Philippines Diliman

Statement of Accountability

I am hereunto affirming that to the best of my intentions that the Statement of Activities, Statement of Financial Positions, and Statement of Cash Flows and all its pertinent information found in the Notes to Financial Statements fairly represent all the financial transactions that have transpired among the the council, its constituents, and all relevant stakeholders for the term ending 30 April 2014, and in conformity with the University Financial Transparency Reporting Standards as set forth and duly upheld by the University Student Council of the University of the Philippines - Diliman Prepared and Recommended by: Approved by: Raphael Aaron A Letaba Ana Alexandra C Castro Treasurer and Councilor Chairperson University Student Council University Student Council

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University Student Council — University of the Philippines Diliman

Statement of ActivitiesTerm Ending 30 April 2014

NOTE(S)AMOUNT(S)

TOTAL(S) UNRESTRICTED RESTRICTED

1ST SEMESTER

2ND SEMESTER

1ST SEMESTER

2ND SEMESTER

STUDENT SUPPORT AND REVENUES

Council Mandated Funds

Student Fees 2 PHP 128,958 00 PHP 122,712 00 PHP - PHP - PHP 251,670 00

Collection of Receivables 2 - 48,751 00 - - 48,751 00

Interest Income (Quarterly) 2 - 27,416 67 - - 27,416 67

Rental Income 3 66,654 84 53,690 03 - - 120,344 87

Fundraising

Isko Operations: Monetary Donations 5 - - 91,317 80 197,269 85 288,587 65

UP Fair 2014: Bid Collections 6, 37 - - - 659,915 00 659,915 00

Other Initiatives: Monetary Donations and Special Events 6 - - 3,263 00 8,400 00 11,663 00

General Sponsorships

Aloha Boardsports 7 10,000 00 - - - 10,000 00

Gatorade Football Cup 2013 7 30,000 00 - - - 30,000 00

UP Freshie Week 2013 7, 33 210,000 00 - - - 210,000 00

UP Pride Week 2013 7, 32 150,000 00 - - - 150,000 00

UP Fair 2014 7, 37 - - - 1,010,000 00 1,010,000 00

Intervarsity 7, 38 - 59,070 00 - - 59,070 00

Income Generation

UP Freshie Week 2013: Business Concessionaires 8, 33 7,900 00 - - - 7,900 00

Intervarsity: Business Concessionaires 8, 38 - 2,450 00 - - 2,450 00

UP Fair 2014: Business Concessionaires 8, 37 - - - 323,000 00 323,000 00

Iskolar Than You: Merchandise Sale 9, 33 5,000 00 - - - 5,000 00

What the Pork?: Merchandise Sale 9 15,000 00 - - - 15,000 00

UP Fair 2014: Ticket Sales 9, 37 - - - 1,274,232 00 1,274,232 00

UP Fair 2014: Merchandise Sale 9, 37 - - - 96,600 00 96,600 00

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NOTE(S)AMOUNT(S)


1ST SEMESTER

2ND SEMESTER

1ST SEMESTER

2ND SEMESTER

UP Fair 2014: Rides and Entartainment 9, 37 - - - 80,000 00 80,000 00

UP Fair 2014: Other Income 9, 37 - - - 1,900 00 1,900 00

Other Projects 9 - 400 00 - - 400 00

Other Revenues 4 12 20 22 41 - - 34 61

Net Assets Released from Restrictions:

Isko Operations - Typhoon Maring 5 77,624 05 - (77,624 05) - -

Isko Operations - Visayas Earthquake 5 10,000 00 - (10,000 00) - -

Isko Operations - Typhoon Yolanda 5 - 200,262 05 - (200,262 05) -

Other Initiatives: Tabula Rasa - USC Alumni Homecoming 6, 25 - 7,500 00 - (7,500 00) -

UP Fair 2014 28, 37 - 2,834,109 25 - (2,834,109 25) -

Donation - Digitel Employees Union 6, 15 2,263 00 - (2,263 00) - -

TOTAL STUDENT SUPPORT AND REVENUES PHP 713,412 09 PHP 3,356,383 41 PHP 4,693 75 PHP 609,445 55 PHP 4,683,934 80

EXPENSES

Office of the Chairperson Expenses 10, 40, 42 PHP (41,404 20) PHP (6,677 40) PHP (48,081 60)

League of College Councils Expenses 11, 30 (1,271 50) (9,492 00) (10,763 50)

Secretariat Committee Expenses 12, 30, 40 (2,749 60) (3,545 00) (6,294 60)

Finance Committee Expenses 13, 30, 31 (3,762 50) (5,777 50) (9,540 00)

Ways and Means Committee Expenses 14 (11,000 00) (1 50) (11,001 50)

Mass Media Committee Expenses 15, 30, 35 (3,256 50) (4,934 25) (8,190 75)

Basic Student Services Committee Expenses 16, 30, 31 (4,304 25) (3,990 20) (8,294 45)

Committee on Culture and the Arts Expenses 17 (2,220 00) (1,176 00) (3,396 00)

Committee on Organizations, Fraternities, and Sororities Expenses

18 (6,126 50) (72 00) (6,198 50)

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NOTE(S)AMOUNT(S)


1ST SEMESTER

2ND SEMESTER

1ST SEMESTER

2ND SEMESTER

Community Rights and Welfare Committee Expenses 19 (3,696 50) (18 00) (3,714 50)

Education and Research Committee Expenses 20, 34, 40 (14,433 60) (6,442 75) (20,876 35)

Environmental Concerns Committee Expenses 21 (30 00) - (30 00)

Freshie Committee Expenses 22, 33 (265,413 75) - (265,413 75)

Gender Committee Expenses 23, 32 (167,839 25) (1,975 50) (169,814 75)

People's Struggles Committee Expenses 24, 35, 40 (14,385 50) (9,026 00) (23,411 50)

Special Events Committee Expenses 25 - (8,992 50) (8,992 50)

Sports, Fitness and Health Committee Expenses 26, 38 (1,198 00) (63,504 00) (64,702 00)

Students Legal Aid and Assistance Committee Expenses 1 - - -

Students Rights and Welfare Committee Expenses 27 (287 50) (1,610 50) (1,898 00)

UP Fair Ad Hoc Expenses 28, 37 - (2,836,975 95) (2,836,975 95)

Other Expenses 29 (535 00) - (535 00)

Isko Operations Ad Hoc Expenses 5 (87,624 05) (200,262 05) (287,886 10)

USC 2014 - 2015 Elections - Office of Student Acitivities 2, 3 - (206,637 25) (206,637 25)

TOTAL EXPENSES PHP (631,538 20) PHP (3,371,110 35) PHP (4,002,648 55)

CHANGE IN NET ASSETS (NET INCOME) PHP 81,873 .89 PHP (14,726.94) PHP 4,693.75 PHP 609,445.55 PHP 681,286.25

NET ASSETS, BEGINNING 2, 3, 4, 36, 44 PHP 210,773 77 PHP - PHP 210,773 77

NET ASSETS, ENDING 2, 3, 4, 36, 44 PHP 277,920 72 PHP 614,139 30 PHP 892,060 02

See accompanying Notes to Financial Statements

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USC UP Diliman



Statement of Financial PositionAs of 30 April 2014

ASSETS NOTE(S) AMOUNT(S)

END OF 1ST SEMESTER

END OF 2ND SEMESTER

Cash 4, 39 PHP 21,505 34 PHP 229,057 05

Trust Fund:

USC Trust Fund 2 176,988 10 143,036 52

50% Share - Rental of Facilities 3 97,572 47 66,520 25

Accounts Receivable:

Due from Council Officers 9 8,250 00 8,250 00

Due from UP-D Administration 36 235,412 69 235,412 69

Due from General Sponsorships 7, 37 - 400,000 00

Prepaid Expense 29 - 4,300 00

TOTAL ASSETS PHP 539,728.60 PHP 1,086,576.51

LIABILITIES AND NET ASSETS NOTE(S) AMOUNT(S)

END OF 1ST SEMESTER

END OF 2ND SEMESTER

LIABILITIES

Accounts Payable:

Accounts Payable: 10, 12, 20, 24, 40

PHP 49,533 90 PHP 34,165 00

Due to Council Officers 36, 41, 43 186,585 04 156,941 79

Due to Partner Organizations 30, 31 2,938 25 3,079 70

Due to Suppliers 10, 42 3,330 00 330 00

TOTAL LIABILITIES PHP 242,387.19 PHP 194,516.49

NET ASSETS

Unrestricted Net Assets 39, 44 PHP 277,920 72

Restricted Net Assets:

Isko Operations Fund 5, 39, 44 701 55

Prof E Dagdag Fund T6, 39, 44 1,000 00

UP Fair 2014 Fund 4, 7, 37, 39, 44 611,537 75

Other Fund 6, 25, 39, 44 900 00

TOTAL NET ASSETS PHP 297,341.41 PHP 892,060.02

TOTAL LIABILITIES AND NET ASSETS PHP 539,728.60 PHP 1,086,576.51

See accompanying Notes to Financial Statements

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USC UP Diliman



Statement of Cash FlowsTerm Ending 30 April 2014

CASH FLOWS NOTE(S) AMOUNT(S) TOTAL(S)

1ST SEMESTER 2ND SEMESTER

OPERATING CASH FLOWS

Inflows

Council Mandated Funds

Receipts - Releases from USC Trust Fund 2 PHP 58,560 00 PHP 232,831 25 PHP 291,391 25

Receipts - Releases from 50% Share - Rental of Facilities Fund 3 - 84,742 25 84,742 25

Fundraising

Isko Operations: Monetary Collections 5 91,317 80 197,269 85 288,587 65

UP Fair 2014: Bid Collections 6, 37 - 659,915 00 659,915 00

Other Initiatives: Monetary Donations and Special Events 6 3,263 00 8,400 00 11,663 00

General Sponsorships

Aloha Boardsports 7 10,000 00 - 10,000 00

Gatorade Football Cup 2013 7, 43 30,000 00 - 30,000 00

UP Freshie Week 2013 7, 33 35,000 00 - 35,000 00

UP Fair 2014 7, 37 - 370,000 00 370,000 00

Intervarsity 7, 38 - 30,340 00 30,340 00

Income Generation

UP Freshie Week 2013: Business Concessionaires 8, 37 7,900 00 - 7,900 00

Intervarsity: Business Concessionaires 8, 38 - 2,450 00 2,450 00

UP Fair 2014: Business Concessionaires 8, 37 - 323,000 00 323,000 00

Iskolar Than You: Merchandise Sale 9 5,000 00 - 5,000 00

What the Pork?: Merchandise Sale 9 6,750 00 - 6,750 00

UP Fair 2014: Ticket Sales 9, 37 - 1,274,232 00 1,274,232 00

UP Fair 2014: Merchandise Sale 9, 37 - 96,600 00 96,600 00

UP Fair 2014: Rides and Entartainment 9, 37 - 80,000 00 80,000 00

UP Fair 2014: Other Income 9, 37 - 1,900 00 1,900 00

Other Projects 9 - 400 00 400 00

Other Inflows 4 12 20 22 41 34 61

TOTAL OPERATING INFLOWS PHP 247,803.00 PHP 3,362,102.76 PHP 3,609,905.76

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Statement of Cash Flowssemester ending 31 October 2013



Outflows

Payments and Disbursements

Office of the Chairperson 10, 40, 42 PHP (10,735 80) PHP (10,015 80) PHP (20,751 60)

League of College Councils 11, 30, 31 (1,271 50) (7,441 50) (8,713 00)

Secretariat Committee 12, 30, 31, 40 (85 60) (4,108 50) (4,194 10)

Finance Committee 13, 30, 31 (544 00) (8,751 00) (9,295 00)

Ways and Means Committee 14, 30 (6,000 00) (5,000 00) (11,000 00)

Mass Media Committee 15, 30, 31, 35 (2,941 50) (5,249 25) (8,190 75)

Basic Student Services Committee 16, 30, 31 (2,321 50) (5,190 75) (7,512 25)

Committee on Culture and the Arts 17, 30, 31 (1,570 00) (1,826 00) (3,396 00)

Committee on Organizations, Fraternities, and Sororities 18, 30, 31 (4,152 00) (2,046 50) (6,198 50)

Community Rights and Welfare Committee 19, 30, 31 (1,596 50) (2,118 00) (3,714 50)

Education and Research Committee 20, 30, 31, 34, 40 (11,683 60) (7,092 75) (18,776 35)

Environmental Concerns Committee 21, 30 (30 00) - (30 00)

Freshie Committee 22, 30, 31, 33, 43 (80,650 50) (9,763 25) (90,413 75)

Gender Committee 23, 30, 31, 32, 43 (16,806 25) (3,008 50) (19,814 75)

People's Struggles Committee 24, 30, 31, 35, 40 (12,659 00) (7,787 50) (20,446 50)

Special Events Committee 25, 30, 31 - (8,992 50) (8,992 50)

Sports, Fitness and Health Committee 26, 30, 31, 38 (33 00) (35,939 00) (35,972 00)

Students Legal Aid and Assistance Committee 1 - - -

Students Rights and Welfare Committee 27, 30, 31 (253 00) (1,645 00) (1,898 00)

UP Fair Ad Hoc 28, 37, 43 - (2,596,975 95) (2,596,975 95)

Isko Operations Ad Hoc 5 (87,624 05) (200,262 05) (287,886 10)

USC 2014 - 2015 Elections - Office of Student Acitivities

2, 3 - (206,637 25) (206,637 25)

Other Outflows 29 (135 00) (4,700 00) (4,835 00)

TOTAL OPERATING OUTFLOWS PHP (241,092.80) PHP (3,134,551.05) PHP (3,375,643.85)

NET OPERATING CASH FLOWS PHP 6,710.20 PHP 227,551.71 PHP 234,261.91

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FINANCING CASH FLOWS

Inflows

Borrowings from Council Officers - UP Pride Week 2013 32, 43 PHP 15,165 75 PHP - PHP 15,165 75

Borrowings from Council Officers - UP Freshie Week 2013 33, 43 30,000 00 - 30,000 00

Payable to Partner Organizations - Gatorade Football Cup 2013 41, 43 20,000 00 - PHP 20,000 00

Borrowings from Council Officers - UP Fair 2014 37, 43 - 104,150 00 PHP 104,150 00

TOTAL FINANCING INFLOWS PHP 65,165.75 PHP 104,150.00 PHP 169,315.75

Outflows

Payments to Council Officers - UP Pride Week 2013 32, 43 PHP (15,165 75) PHP - PHP (15,165 75)

Payments to Council Officers - UP Freshie Week 2013 33, 43 PHP (30,000 00) PHP - PHP (30,000 00)

Payments to UP-D Administration - University Food Service 2, 43, 44 PHP (22,040 00) PHP - PHP (22,040 00)

Payments to Council Officers - UP Fair 2014 37, 43 PHP - PHP (104,150 00) PHP (104,150 00)

Payments to Partner Organizations - Gatorade Football Cup 2013 41, 43 PHP - PHP (20,000 00) PHP (20,000 00)

TOTAL FINANCING OUTFLOWS PHP (67,205.75) PHP (124,150.00) PHP (191,355.75)

NET FINANCING CASH FLOWS PHP (2,040.00) PHP (20,000.00) PHP (22,040.00)

NET CASH FLOWS 39 PHP 4,670 20 PHP 207,551 71 PHP 212,221 91

BEGINNING CASH BALANCE 4, 39 PHP 16,835 14 PHP 21,505 34 PHP 16,835 14

ENDING CASH BALANCE 4, 39 PHP 21,505.34 PHP 229,057.05 PHP 229,057.05

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CLASSIFICATION OF ENDING CASH BALANCE NOTE(S) 1ST SEMESTER 2ND SEMESTER RECONCILIATION

Unrestricted Beginning Balance

Cash-in-Bank 4, 39 PHP 10,847 34 PHP 10,869 75 PHP 16,835 14

Cash-on-Hand 39 PHP 14 25 PHP 3,098 00 PHP 4,670 20

Cash with Ways and Means Committee 39 PHP 5,950 00 PHP 950 00 Reconcile

TOTAL UNRESTRICTED PHP 16,811.59 PHP 14,917.75 PHP 21,505.34

Restricted Interim Balance

UP Fair Fund 2014 (Cash-on-Hand) 37, 39 PHP - PHP 11,507 75 PHP 21,505 34

UP Fair Fund 2014 (Cash-in-Bank) 4, 37, 39 PHP - PHP 200,030 00 PHP 207,551 71

Cash with Special Events Committee 6, 39, 44 PHP - PHP 900 00 Reconcile

Isko Operations Fund 5, 39, 44 PHP 3,693 75 PHP 701 55 PHP 229,057 05

Prof E Dagdag Fund 6, 39, 44 PHP 1,000 00 PHP 1,000 00 Ending Balance

TOTAL RESTRICTED PHP 16,811.59 PHP 14,917.75 PHP 21,505.34

*See accompanying Notes to Financial Statements

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Notes to Financial Statementsterm ending 30 April 2014

Note 1 The University Student Council - University of the Philippines - DilimanThe University Student Council (USC) of the University of the Philippines in Diliman, Quezon City is the official student

representative body of the Philippines’ premiere institution of higher learning As such, it represents the interests of the students within and outside the University The University Student Council, also known as USC, exists to represent UP students in various affairs of the University, acting as the voice of students in the local, national, and international issues

As the highest student representative body in the university, the USC is composed of members elected amongst the student body, mandated to organize and direct campaigns and activities to defend and promote students’ rights, and improve the students’ general welfare Furthermore, it provides direct services to the student body The USC has the proud and historic tradition of active involvement in the Filipino people’s struggle for their democratic rights and interests

It functions through the operation of the following committees and offices headed by the corresponding officers of the USC:

OFFICE/COMMITTEE NAME POSITION

Office of the Chairperson Ana Alexandra C Castro Chairperson

League of College Councils Julliano Fernando A Guiang Convenor and Vice-Chairperson

Secretariat Committee (See Disclosure A) Erra Mae D Zabat Secretary-General and Councilor

Finance Committee Raphael Aaron A Letaba Treasurer and Councilor

Ways and Means Committee Mario Andrefanio P Santos II Business Manager and Councilor

Ways and Means Committee Regine Beatrice T Rodriguez Business Manager and College Representative

Mass Media Committee Carla Monica M Gonzalez Publication Relations Officer and Councilor

Basic Student Services Committee John Paulo G delas Nieves Councilor

Committee on Culture and the Arts Ma Aliona D Silva College Representative

Committee on Culture and the Arts Carlo P De Laza College Representative

Committee on Organizations, Fraternities, and Sororities Anna Alexa F Nacional College Representative

Community Rights and Welfare Committee Erika Isabel B Yague College Representative

Education and Research Committee Christian Lemuel M Magaling Councilor

Environmental Concerns Committee Ram Vincent C Tomaneng College Representative

Freshie Committee Erica Camille U Lau Councilor

Gender Committee Arjay R Mercado Councilor

People's Struggles Committee Allynna-Haneefa A Macapado Councilor

Special Events Committee Fenina Ma C De Leon College Representative

Sports, Fitness and Health Committee Ma Isabela B Aurellado College Representative

Students Legal Aid and Assistance Committee John Paul R Rotap College Representative

Students Rights and Welfare Committee Charlotte C France Councilor

Isko Operations Ad Hoc Daniel L Guzman Councilor

UP Fair Ad Hoc Francesca Anne Louise G Angeles College Representative

University Job Fair Ad Hoc April Rose B Ramos College Representative

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Notes to Financial Statementssemester ending 31 October 2013

DISCLOSURE A Former USC Councilor and Secretary-General Rafael Luis Rodolfo E Fernando resigned from the USC and effectively made vacant the position of Chairperson of the USC Secretariat Committee During the vacancy of the Chairperson of the USC Secretariat Committee, College Representatives April Rose B Ramos and Ana Alexa F Nacional, members of the aforementioned committee, assumed the duties and responsibilities simultaneously and temporarily as officers-in-charge until a new USC Councilor was appointed In February 2014 at the USC General Assembly, USC Councilor Erra Mae D Zabat was appointed as Secretary-General and consequently assumed the role of Chairperson of the USC Secretariat Committee, by the members of the USC

Note 2 The University Student Council Trust FundAccount Code: 9400-600-499-450

INCLUSIVE DATE(S) PURPOSE AMOUNT BALANCE

DISCLOSURE A BEGINNING BALANCE, UNADJUSTED PHP ₱176,020.10

5/1/2013 Temporary Obligation - Office of the Student Regent (GASC) (30,000 00) 146,020 10

5/1/2013 Adjustments to Beginning Balance from Prior Period (7,496 00) 138,524 10

5/3/2013 to 5/6/2013 Releases - Student Refunds (26 00) 138,498 10

5/6/2013 Bills - University Food Service (USC '12 - '13) (20,760 00) 117,738 10

5/6/2013 Foods - UP Consumers Cooperative (USC '12 - '13) (11,148 00) 106,590 10

5/6/2013 BEGINNING BALANCE, ADJUSTED (USC '13 - '14) 106,590.10

6/7/2013 Releases - Reimbursement (3,727 40) 102,862 70




7/10/2013 Council Mandated Funds - 1st Semester Collection 128,958 00 224,850 10


9/6/2013 Releases - University Food Service (USC '12 - '13) for Tatak Botante (20,000 00) 204,818 30


9/26/2013 Releases - University Food Service for Tutorials (1,000 00) 190,968 30

9/26/2013 Releases - University Food Service for Tutorials (375 00) 190,593 30

9/26/2013 Releases - University Food Service for Forum (2,250 00) 188,343 30

9/27/2013 Releases - University Food Service (USC '12 - '13) for USC Elections 2013 (2,040 00) 186,303 30

10/9/2013 Releases - Blessings Copy Center (4,934 10) 181,369 20


10/18/2013 Releases - Student Refunds (6 00) 176,988 10

11/18/2013 Council Mandated Funds - 2nd Semester Collection 122,712 00 299,700 10

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11/18/2013 University Student Council 2014 - 2015 Elections (See Disclosure B) (121,895 00) 177,805 10

11/18/2013 Council Mandated Funds - 2nd Quarter Interest Income 8,555 56 186,360 66







12/9/2013 Council Mandated Funds - 3rd Quarter Interest Income 7,583 33 175,017 84






12/19/2013 Council Mandated Funds - 4th Quarter Interest Income 7,000 00 172,666 34

12/31/2013 Council Mandated Funds - Collection from Receivables 48,751 00 221,417 34


1/14/2014 Releases - Envelopes from Supply Property Management Office (101 00) 221,307 34

1/15/2014 Releases - College of Engineering 3rd Floor Lobby Rental (500 00) 220,807 34





2/20/2014 Releases - University Food Service for Varsity Teams Activity (1,875 00) 211,600 84


2/20/2014 Releases - University Food Service for Gender Seminar (300 00) 210,600 84

2/20/2014 Releases - University Food Service for Gender Seminar (1,125 00) 209,475 84






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4/12/2014 Releases - University Food Service for Finance Seminar (3,915 00) 157,496 69

4/12/2014 Releases - University Food Service for UP Fair (1,000 00) 156,496 69


4/12/2014 Council Mandated Funds - 1st Quarter Interest Income 4,277 78 157,719 77




4/30/2014 Releases - University Food Service for Farmers Activity (4,300 00) 144,197 52


4/30/2014 ENDING BALANCE (USC '13 - '14) PHP ₱143,036.52

DISCLOSURE A Unathorized allocation, as such had been set by the UPD Accounting Office with neither the consent nor authorization of the USC; no documentation Restriction on funds were lifted as resolved by a letter sent to the UPD Accounting Office dated 12 December 2013 requesting for the cancellation of the allocated funds which was endorsed by the UPD Office of Student Activities and the UPD Office of the Vice-Chancellor for Student Affairs and was noted by the Office of the Student Regent

DISCLOSURE B The amount of PHP 143,900 00 (total budget of PHP 233,900 00) was partially set aside as per the recommendation of the UPD Budget Office and approval of the Office of the Chancellor upon the budget request of the Office of Student Acitivities to be utilized by the Office of Student Acitivities for the administration of the University Student Council 2014-2015 Elections Consent for the request was granted by the USC The budget in this fund has a remaining balance of Php 22,005 00

Note 3 50% Share - Rental of Facilities (50% Vinzons Hall Trust Fund)Account Code: 9280-884-951-005

INCLUSIVE MONTH(S) PURPOSE AMOUNT BALANCE

APR-13 BEGINNING BALANCE, UNADJUSTED - PHP₱200,917.63

May-13 Temporary Obligation - Office of the Student Regent (GASC) (170,000 00) ₱30,917 63

MAY-13 BEGINNING BALANCE, ADJUSTED (USC '13 - '14) - PHP₱30,917.63

May-13 April 2013 Collections 11,576 37 ₱42,494 00

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INCLUSIVE MONTH(S) PURPOSE AMOUNT BALANCE

Jun-13 May 2013 Collections 7,191 76 ₱49,685 76

Jul-13 June 2013 Collections 2,673 01 ₱52,358 77

Aug-13 July 2013 Collections 14,125 94 ₱66,484 71

Sep-13 August 2013 Collections 24,375 88 ₱90,860 59

Oct-13 September 2013 Collections 6,711 88 ₱97,572 47

Nov-13 University Student Council 2014 - 2015 Elections (See Disclosure A) (84,742 25) ₱12,830 22

Nov-13 October 2013 Collections 14,818 13 ₱27,648 35

Dec-13 November 2013 Collections 7,774 38 ₱35,422 73

Jan-14 December 2013 Collections 6,711 88 ₱42,134 61

Feb-14 January 2014 Collections 8,836 88 ₱50,971 49

Mar-14 February 2014 Collections 7,774 38 ₱58,745 87

Apr-14 March 2014 Collections 7,774 38 ₱66,520 25

APR-14 ENDING BALANCE (USC '13 - '14) - PHP ₱66,520.25

DISCLOSURE A The amount of PHP 90,000 00 (total budget of PHP 233,900 00) was partially set aside as per the recommendation of the UPD Budget Office and approval of the Office of the Chancellor upon the budget request of the Office of Student Acitivities to be utilized by the Office of Student Acitivities for the administration of the University Student Council 2014-2015 Elections Consent for the request was granted by the USC The budget in this fund has a remaining balance of Php 5,257 75

Note 4 Philippine National Bank Account Currency: Peso | Type: Savings | Branch Code: 1275 | Branch: UP Campus Branch | Account No : 3939-897-000-47


Jul-13 Beginning Balance (USC '13 - '14) - PHP₱16,835.14

Jul-13 Deposit: Smart Communications, Inc 10,000 00 ₱26,835 14

Jul-13 Withdrawal: Freshie Committee (10,000 00) ₱16,835 14

Aug-13 Deposit: Isko Operations - Typhoon Maring 1,000 00 ₱17,835 14


Aug-13 Withdrawal: Isko Operations Ad Hoc (6,000 00) ₱16,835 14


Sep-13 Deposit: Isko Operations - Typhoon Maring 3,000 00 ₱24,835 14

Sep-13 Withdrawal: Ways and Means Committee (6,000 00) ₱18,835 14

Sep-13 Deposit: Aloha Boardsports 10,000 00 ₱28,835 14

Sep-13 Credit Interest 15 25 ₱28,850 39

Sep-13 Tax (3 05) ₱28,847 34

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Oct-13 Withdrawal: Gender Committee (10,000 00) ₱18,847 34

Oct-13 Deposit: Prof E Dagdag Donation Drive 1,000 00 ₱19,847 34

Oct-13 Deposit: Fresh N' Famous Foods, Inc - Greenwich 25,000 00 ₱44,847 34

Oct-13 Withdrawal: Isko Operations Ad Hoc (8,000 00) ₱36,847 34

Oct-13 Withdrawal: Freshie Committee (10,000 00) ₱26,847 34

Oct-13 Withdrawal: Freshie Committee (15,000 00) ₱11,847 34

Oct-13 Deposit: Isko Operations - Sanggumay House Council 1,200 00 ₱13,047 34

Nov-13 Deposit: Isko Operations - UP Junior Marketing Assocation 30,000 00 ₱43,047 34

Nov-13 Deposit: Isko Operations - Typhoon Yolanda 6,000 00 ₱49,047 34

Nov-13 Deposit: Isko Operations - Typhoon Yolanda 1,000 00 ₱50,047 34

Nov-13 Withdrawal: Isko Operations Ad Hoc - Typhoon Yolanda (38,200 00) ₱11,847 34

Nov-13 Withdrawal: Prof E Dagdag Fund (1,000 00) ₱10,847 34

Dec-13 Deposit: UP Fair 2014 (Fundraising) 45,250 00 ₱56,097 34



Dec-13 Credit Interest 16 71 ₱216,392 05

Dec-13 Tax (3 34) ₱216,388 71

Jan-14 Withdrawal: UP Fair Ad Hoc (Program) (30,000 00) ₱186,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Topzint 8,000 00 ₱194,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Kleyland 8,000 00 ₱202,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Puta Henna Mo 6,000 00 ₱208,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Built by Sonic 8,000 00 ₱216,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Baby Blue Bunny 8,000 00 ₱224,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Night Owl designs 8,000 00 ₱232,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Beans and Leaves 8,000 00 ₱240,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Knots 8,000 00 ₱248,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Tea Generation 10,000 00 ₱258,388 71

Jan-14 Withdrawal: UP Fair Ad Hoc (Production) (125,000 00) ₱133,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - OhmyGD Kpop Shoppe 8,000 00 ₱141,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Ang Putahe ng Ina Nyong Lahat 8,000 00 ₱149,388 71

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Jan-14 Deposit: UP Fair 2014 (Income Generation) - PH Indie 8,000 00 ₱157,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Kamisetawa 8,000 00 ₱165,388 71

Jan-14 Deposit: UP Fair Ad Hoc (Income Generation) - Tau Rho Xi 20,000 00 ₱185,388 71

Jan-14 Deposit: UP Fair 2014 (Fundraising) 90,000 00 ₱275,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Querkyavenue 8,000 00 ₱283,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Ides Catering 10,000 00 ₱293,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Polytolyowie 8,000 00 ₱301,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Rashmin Sisig and Shawarma 8,000 00 ₱309,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Flora Visca 8,000 00 ₱317,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - We Chat 6,000 00 ₱323,388 71

Jan-14 Deposit: UP Fair 2014 (Income Generation) - Universal Robina Corporation (Jack and Jill) 8,000 00 ₱331,388 71

Jan-14 Withdrawal: UP Fair Ad Hoc (Production, Safety and Security) (141,000 00) ₱190,388 71

Feb-14 Deposit: UP Fair 2014 (General Sponsorships) - Upscaled Foods, Inc - Khaleb Shawarma 35,000 00 ₱225,388 71

Feb-14 Deposit: UP Fair 2014 (Income Generation) - We Chat 6,000 00 ₱231,388 71

Feb-14 Deposit: UP Fair 2014 (General Sponsorships) - UPBeat Merchandise 35,000 00 ₱266,388 71

Feb-14 Withdrawal: UP Fair Ad Hoc (Production) (56,600 00) ₱209,788 71

Feb-14 Withdrawal: UP Fair Ad Hoc (Program) (100,000 00) ₱109,788 71

Feb-14 Deposit: UP Fair 2014 (General Sponsorships) - San Miguel Corporation 200,000 00 ₱309,788 71

Mar-14 Withdrawal: UP Fair Ad Hoc (Production) (90,000 00) ₱219,788 71

Mar-14 Withdrawal: UP Fair Ad Hoc (Production) (208,928 00) ₱10,860 71

Mar-14 Deposit: UP Fair 2014 (Income Generation) 9,000 00 ₱19,860 71

Mar-14 Withdrawal: UP Fair Ad Hoc (Logistics and Internal Operations) (9,000 00) ₱10,860 71

Mar-14 Deposit: UP Fair 2014 (Income Generation) - Ticket Sales - SM Tickets 285,000 00 ₱295,860 71

Mar-14 Credit Interest 11 30 ₱295,872 01

Mar-14 Tax (2 26) ₱295,869 75

Apr-14 Deposit: UP Fair 2014 (Income Generation) - Ticket Sales - SM Tickets 390 00 ₱296,259 75

Apr-14 Withdrawal: UP Fair Ad Hoc (Financing Cash Flow; Transferred to UP Economics Society) (85,360 00) ₱210,899 75

APR-14 ENDING BALANCE (USC '13 - '14) - P ₱210,899.75

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Note 5 Isko Operations Ad Hoc

PURPOSE AMOUNT STATUS

1st Semester (May 2013 to October 2013)

Cash Collection from Residence Halls P 6,098 05 Collected

Cash Collection from Volunteers 79,599 75 Collected

Cash Collection from Volunteers 5,620 00 Collected

Allowances for Deployment Volunteers - Food (3,394 00) Released

Allowances for Deployment Volunteers - Gasoline (8,260 00) Released

Purchase of Relief Items (Typhoon Maring) (65,429 25) Released

Purchase of Relief Items (Visayas Earthquake) (10,000 00) Released

Expenses for Packing and Labeling (540 80) Released

2nd Semester (November 2013 to April 2014) 3,693 75

Cash Collection from Individuals (See Diclosure A) 104,863 40 Collected

Cash Collection from Organizations (See Disclosure B) 92,406 45 Collected

Purchase of Relief Items (Typhoon Yolanda) (See Disclosure C) (163,267 55) Released

Purchase of Meals for UP Visayas Students (See Disclosure D) (5,480 00) Released

Purchase of Dormitory Equipment for UP Visayas Students (See Disclosure D) (10,470 00) Released

Purchase of School Supplies for Biri, Northern Samar (See Disclosure E) (10,000 00) Released

Expenses for Facility, Maintenance and Utility Service (2,030 00) Released

Expenses for Packing and Labeling (Typhoon Yolanda) (See Disclosure C) (9,014 50) Released

TOTAL P 701.55

DISCLOSURE A Typhoon Yolanda Individual Donors The following is a disaggregation of the monetary donations given by individual donors for the Typhoon Yolanda Relief Operations A quantitaive threshold of PHP 5,000 00 for non-anonymous individual donors is used for emphasized presentation and specific disclosure Anonymous donors, regardless of the amount of monetary donations, are categorized together with non-anonymous individual donors donating less than the quantitative threshold of PHP 5,000 00

DONOR AMOUNT

Mr Rod Xavier Bondoc and Ms Audrey Manzano PHP 13,000 00 Ms Norge Reichenbach PHP 10,000 00 Ms Justine Sanchez PHP 6,000 00 Mr Silverio Benny Tan PHP 5,000 00 Ms Minnie Pangilinan PHP 5,000 00 Anonymous and Other Individual Donors PHP 65,863 40

TOTAL PHP 104,863.40

DISCLOSURE B Typhoon Yolanda Organizational Donors The following is a disaggregation of the monetary donations given by organizational donors for the Typhoon Yolanda Relief Operations

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DONOR AMOUNT UP Junior Marketing Association PHP 50,000 00 UP College of Music Student Council PHP 10,607 95 UP Economics Society PHP 10,000 00 PSME-UPSU PHP 7,000 00 Electrical and Electronics Engineering Institute Faculty PHP 5,000 00 Deltex Makati PHP 5,000 00 UP Economics Towards Consciousness PHP 1,054 00 UP College of Mass Communication Student Council PHP 1,000 00 UP Junior Finance Association PHP 1,000 00 Deparmtent of Mechanical Engineering PHP 904 00 UP College of Music PHP 500 00 UP Gears and Pinions PHP 250 00 UP Alchemes Batch ‘10 PHP 90 50

TOTAL PHP 92,406.45

DISCLOSURE C Typhoon Yolanda Relief and Other Items Purchased The following is an approximate disaggregation of the different relief and other items that were purchased with the monetary donations collected for the survivors of Typhoon Yolanda

ITEM UNIT QUANTITY Canned Goods Cans 6,621 Bottled Water Bottles 2,002 Crackers and Biscuits Packs 424 Packed Food Packs 1,682 Packing Materials Marker Pens/Eco-Bag Packs/Tape Rolls 817

DISCLOSURE D UP Visayas Tacloban College Student Beneificiaries Monetary funds (specifically from the UP JMA donation) were used to purchase the following items for the student beneficiaries of the UP Visayas Tacloban College temporarily resided in the dormitories of UP Diliman due to the devastation caused to the Tacloban College by Typhoon Yolanda:

ITEM QUANTITY AMOUNT Water Dispensers 2 PHP 10,470 00 Meals 90 PHP 5,480 00

TOTAL PHP 15,950.00

DISCLOSURE E Biri, Northern Samar Student Beneficiaries Monetary funds (specifically from the UP JMA donation) were used to purchase the following school items for the student beneficiaries of Biri, Northern Samar Out of the PHP 10,000 00 funds set aside for the undertaking, PHP 750 00 had been set aside for transportation expenses:

ITEM QUANTITYBags 100Slippers 100Pencils 100Notebooks 100

Note 6 Fundraising - Other Initiatives

PURPOSE AMOUNT STATUS

Digitel Employees Union Donation Drive: Monetary Collection 2,263 00 Released

Professor E Dagdag Donation Drive: Monetary Collection 1,000 00 Unreleased

Tabula Rasa - USC Alumni Homecoming: Entrance Fees and Donations 8,400 00 Released

UP Fair 2014: Bid Collections from Night Handlers (See Note 37) 659,915 00 Released

TOTAL P ₱671,578.00

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Note 7 General Sponsorships

PURPOSE AMOUNT TOTAL NATURE

Aloha Boardsports 10,000 00 10,000 00 Cash

Gatorade Football Cup 2013

Atletico Diliman Football Club 30,000 00 30,000 00 Cash

UP Freshie Week 2013 (See Note 33)

Fresh N' Famous Foods, Inc - Greenwich 25,000 00 Cash

Smart Communications, Inc 10,000 00 Cash

FOX Philippines (Production Set) 150,000 00 X-Deals

Moonleaf Milk Tea (250 Milk Tea Drinks) 25,000 00 210,000 00 X-Deals

UP Pride Week 2013 (See Note 32)

DKT Philippines, Inc (Frenzy Condoms & EZ Lubricating Jelly) 150,000 00 150,000 00 X-Deals

UP Fair 2014 (See Note 37)

Smart Communications, Inc 200,000 00 Receivable

American Star Apparel Philippines, Inc - Dickies 100,000 00 Cash

American Star Apparel Philippines, Inc - Dickies (150 Shirts) 15,000 00 X-Deals

American Star Apparel Philippines, Inc - Dickies (Slapshock and Sadys) 85,000 00 X-Deals

San Miguel Corporation 200,000 00 Cash

SM Men's Fashion Management Corp - SM Youth (680 Shirts) 100,000 00 X-Deals

UPBeat Merchandise 35,000 00 Cash

UPBeat Merchandise (80 Shirts) 20,000 00 X-Deals

Upscaled Foods, Inc - Khaleb Shawarma 35,000 00 Cash

Upscaled Foods, Inc - Khaleb Shawarma (Shawarma Rice Meals) 20,000 00 X-Deals

Prime Colors International Incorporated - Tomato 50,000 00 Receivable

Energy Development Corporation 50,000 00 Receivable

Petron Corporation 50,000 00 Receivable

Fresh N' Famous Foods, Inc - Greenwich 50,000 00 1,010,000 00 Receivable

Intervarsity (See Note 38)

Banapple Pies and Cheesecakes 2,500 00 Cash

Banapple Pies and Cheesecakes 2,500 00 X-Deals

Jose Miguel Alvaro F Camus - Personal Sponsorship 5,000 00 Cash

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PURPOSE AMOUNT TOTAL NATURE

No Fear Philippines (Clothing Merchandise) 10,000 00 X-Deals

Merrell Philippines (Gift Certificates) 10,000 00 X-Deals

Office of the Chancellor 4,000 00 Cash

Athletics Office (College of Human Kinetics) 8,840 00 Cash

Office of Senator Pia S Cayetano 10,000 00 Cash

Asia Brewery, Inc (Cobra Energy Drink & Summit Natural Drinking Water) 6,230 00 59,070 00 X-Deals

TOTAL P ₱1,469,070.00

DISCLOSURE A Cinema One sponsored a film screening (UPCAT The Movie and two untitled short films) for UP Freshie Week 2013 on July 3, 2013 however the value of this sponsorship or film screening could not be reliably measured or practically determined hence its disclosure but non-recognition in the Financial Statements

Note 8 Income Generation - Business Concessionaires

PURPOSE AMOUNT TOTAL STATUS

UP Freshie Week 2013 (See Note 33)

Dairy Queen Ice Cream 1,200 00 Collected

Jackets and Hoodies Merchandise Stall 900 00 Collected

Chicago Deep Dish Pizza and Pasta 1,000 00 Collected

Bukolicious 1,200 00 Collected

New Polland Bakers Fair 1,200 00 Collected

Gigabite Kebab 1,200 00 Collected

Twittea Milk Tea 1,200 00 7,900 00 Collected

Intervarsity (See Note 38)

Nacho King 950 00 Collected

Baba Shawarma 750 00 Collected

UP Manininda 750 00 2,450 00 Collected

UP Fair 2014 (See Note 37)

Creative Pro Good Coffee 13,000 00 Collected

Built By Sonic 8,000 00 Collected

Topzint Fashion Collection 8,000 00 Collected

Tea Generation 8,000 00 Collected

Kamisetawa Shirts 8,000 00 Collected

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Kley Land 8,000 00 Collected

Puta Henna Mo 6,000 00 Collected

Baby Blue Bunny 8,000 00 Collected

Knots 8,000 00 Collected

Night Owl Designs 6,000 00 Collected

Beans and Leaves 8,000 00 Collected

PH Indie 8,000 00 Collected

Ang Putahe ng Ina Nyong Lahat 8,000 00 Collected

OhmyGD Kpop Shoppe 8,000 00 Collected

Polytolyowie 8,000 00 Collected

We Chat 6,000 00 Collected

Flora Visca 8,000 00 Collected

Ides Catering 40,000 00 Collected

Master Siomai 8,000 00 Collected

Rasta Craf 8,000 00 Collected

Rashmin Sisig and Shawarma 8,000 00 Collected

Querkyavenue 8,000 00 Collected

Universal Robina Corporation (Jack and Jill) 8,000 00 Collected

Fasition Era 8,000 00 Collected

Vyp Enterprise 8,000 00 Collected

Joan Yumul 8,000 00 Collected

Ma Minda Pe 8,000 00 Collected

Mai Siomai 8,000 00 Collected

Alpha Fusion Web Technology Corp 6,000 00 Collected

Clementine 8,000 00 Collected

Hawk Bags 8,000 00 Collected

Labiemzo Corp 10,000 00 Collected

Eklavoo Avenue 8,000 00 Collected

Nacho King 8,000 00 Collected

Bagnet Lab 8,000 00 Collected

Colonial Properties 6,000 00 Collected

Kapwa Student Center 6,000 00 P 323,000 00 Collected

TOTAL P ₱333,350.00

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USC UP Diliman




Note 9 Revenue Generating Projects


Iskolar Than You Merchandise Sale (Profit Share from Partner Org)

5,000 00 5,000 00 Collected

What the Pork Merchandise Sale 6,750 00 Collected

What the Pork Merchandise Sale 8,250 00 15,000 00 Receivable

UP Fair 2014

Ticket Sales - Backtrack (As sold by SM Tickets) 995,232 00 Collected

Ticket Sales - Backtrack (As sold by USC) 279,000 00 Collected

Mephobia Merchandise Sale 96,600 00 Collected

Rides and Fair Entertainment (As provided by Tau Rho Xi) 80,000 00 Collected

Other Income 1,900 00 1,452,732 00 Collected

Others - Bake Sale 400 00 400 00 Collected

TOTAL P 1,473,132.00

Note 10 Office of the Chairperson


1st Semester

Freshmen Orientation Program 6,932 00 Paid

USC Turnover Program 3,727 40 Paid

Planning Seminar 27,000 00 Payable

Student Refunds 76 40 Paid

Gatorade Football Cup 2013 - Electricity 330 00 Payable

Gatorade Football Cup 2013 - Rental of Electrical Wiring 1,500 00 Paid

Gatorade Football Cup 2013 - Maintenance 1,012 00 Paid

Gatorade Football Cup 2013 - Electrical Equipment 522 75 Paid

Gatorade Football Cup 2013 - Snacks 303 65 41,404 20 Paid

2nd Semester

Forum on Socialized Tuition System - Maintenance 750 00 Paid

General Assembly of Student Councils - Transportation (Airline) 3,851 00 Paid

Student Refunds 276 40 Paid

Anti-Cybercrime Law Mobilization - Transportation (Jeepney) 1,800 00 6,677 40 Paid

TOTAL P 48,081.60

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Note 11 League of College Councils


1st Semester

Blessings - Photocopying (See Note 30) 1,100 00 Paid

Isko - Computer Rental and Printing (See Note 31) 171 50 1,271 50 Paid

2nd Semester


Blessings - Photocopying (See Note 30) 2,050 50 Payable

Isko - Computer Rental and Printing (See Note 31) 3,462 50 9,492 00 Paid

TOTAL P 10,763.50

Note 12 Secretariat Committee


1st Semester

Blessings - Photocopying (See Note 30) 527 10 Paid

Isko - Computer Rental and Printing (See Note 31) 122 50 Paid

University Student Council Ambassadors Team Building Activity - Food 2,100 00 2,749 60 Payable

2nd Semester


Blessings - Photocopying (See Note 30) 0 50 Payable


TOTAL P 6,294.60

Note 13 Finance Committee


1st Semester



Councils for Responsible Accounting and Financial Transparency Consultation - Beverage 390 00 Paid

Councils for Responsible Accounting and Financial Transparency Seminar - Food 980 00 Paid

Councils for Responsible Accounting and Financial Transparency Seminar - Venue 400 00 Paid

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Councils for Responsible Accounting and Financial Transparency Seminar - Beverage 1,050 00 Paid

Notarial Fee for Bank Account Transfer 100 00 3,762 50 Paid

2nd Semester




Isko - Computer Rental and Printing (See Note 31) 2 50 Payable

UPJFA Finance Academy: Make Yourself Rich - Publicity (Posters Printing) 608 00 Paid

UPJFA Finance Academy: Make Yourself Rich - Food (See Note 2) 3,915 00 Paid

Notarial Fee for Bank Account Passbook 150 00 5,777 50 Paid

TOTAL P 9,540.00

Note 14 Ways and Means Committee


1st Semester

Cost of Merchandise (Shirts) Sold 11,000 00 11,000 00 Paid

2nd Semester

Blessings - Photocopying (See Note 30) 1 50 1 50 Payable

TOTAL P 11,001.50

Note 15 Mass Media Committee


1st Semester



Support for Digitel Employees Union (See Note 6) 2,263 00 3,256 50 Paid

2nd Semester

Mass Media Awareness Month - Photocopying (See Note 35) 1,012 00 Paid

Mass Media Awareness Month - Printing (See Note 35) 660 00 Paid

Mass Media Awareness Month - Supplies (See Note 35) 1,262 25 Paid

Mass Media Awareness Month - Transportation (See Note 35) 2,000 00 4,934 25 Paid

TOTAL P 8,190.75

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USC UP Diliman




Note 16 Basic Student Services Committee


1st Semester



Math 17 Tutorials (1) - Meals for Tutors (See Note 2) 1,000 00 Paid

Math 17 Tutorials (2) - Meals for Tutors (See Note 2) 750 00 Paid



Chem 16 Tutorials - Meals for Tutors (See Note 2) 375 00 Paid

Alliance of Concerned Dormitories Meeting - Snacks 340 50 4,304 25 Paid

2nd Semester




Isko - Computer Rental and Printing (See Note 31) 16 00 Payable



Math 53 Tutorials (3) - Meals for Tutors (See Note 2) 750 00 3,990 20 Paid

TOTAL P 8,294.45

Note 17 Committee on Culture and the Arts


1st Semester


Playout: Graphic Design Workshop - Printing (Program) 50 00 Paid

Playout: Graphic Design Workshop - Venue (Palma Hall 400) 1,500 00 Paid

Playout: Graphic Design Workshop - Token 250 00 Paid

Playout: Graphic Design Workshop - Maintenance 400 00 2,220 00 Paid

2nd Semester


USC Office Mural Painting - Supplies (Paint) 1,026 00 Paid

USC Office Mural Painting - Supplies (Brushes) 135 00 1,176 00 Paid

TOTAL P 3,396.00

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Note 18 Committee on Organizations, Fraternities, and Sororities


1st Semester



All Leaders Conference (1) - Venue (Tandang Sora Hall, CSWCD) 1,800 00 Paid

All Leaders Conference (2) - Venue (Tandang Sora Hall, CSWCD) 1,800 00 Paid

Token for Leadership Training Seminar (06/15) 135 00 Paid



Token for Leadership Training Seminar (UPJMA & UPJFA) 1,500 00 6,126 50 Paid

2nd Semester


Isko - Computer Rental and Printing (See Note 31) 12 00 72 00 Paid

TOTAL P 6,198.50

Note 19 Community Rights and Welfare Committee


1st Semester



Ibon Foundation Forum - Venue (Tandang Sora Hall, CSWCD) 1,500 00 Paid

Million People March - Transportation (Jeepneys) 2,100 00 3,696 50 Paid

2nd Semester


TOTAL P 3,714.50

Note 20 Education and Research Committee


1st Semester



Student Movement Exhibit - Venue (Palma Hall Lobby) 1,050 00 Paid

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Student Movement Exhibit - Panel Boards 1,500 00 Paid

Student Movement Exhibit - Printing (Tarpaulin) 4,500 00 Paid

Forum on Modern Day Heroes - Venue (Palma Hall 400) 2,100 00 Payable

Forum on Neoliberalism - Food 1,500 00 Paid

ACLE I - Printing (Certificates) (See Note 34) 625 00 Paid

ACLE I - Supplies (Brown Envelopes) (See Note 34) 500 00 14,433 60 Paid

2nd Semester



ACLE II - Printing (Certificates) (See Note 34) 792 00 Paid

ACLE II - Printing (Posters) (See Note 34) 268 75 Paid

ACLE II - Supplies (Adhesives Materials) (See Note 34) 101 00 Paid

ACLE II - Supplies (Brown Envelopes) (See Note 34) 163 00 Paid

ACLE II - Supplies (Paper Materials) (See Note 34) 3,220 00 6,442 75 Paid

TOTAL P 20,876.35

Note 21 Environmental Concerns Committee


1st Semester

Blessings - Photocopying (See Note 30) 30 00 30 00 Paid

TOTAL P 30.00

Note 22 Freshie Committee


1st Semester



UP Freshie Week: Film Showing - Venue (See Note 33) 5,000 00 Paid

UP Freshie Week: Film Showing - Maintenance (See Note 33) 660 00 Paid

UP Freshie Week: Concert - Logistics (See Note 33) 33,767 25 Paid

UP Freshie Week: Concert - Food and Beverage (See Note 33) 14,450 00 Paid

UP Freshie Week: Concert - Food and Beverage (See Notes 7, 33) 25,000 00 X-Deals

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UP Freshie Week: Concert - Program (See Note 33) 16,687 00 Paid

UP Freshie Week: Concert - Maintenance (See Note 33) 5,539 00 Paid

UP Freshie Week: Concert - Production (See Note 33) 7,250 00 Paid

UP Freshie Week: Concert - Production (See Notes 7, 33) 150,000 00 X-Deals

UP Freshie Week: Business Concessions Office Charge 2,200 00 Paid

UP Freshie Week: Publicity 3,390 00 Paid

UP Freshie Week: Photobooth 660 00 265,413 75 Paid

TOTAL P 265,413.75

Note 23 Gender Committee


1st Semester



Gender Sensitivity Training - Maintenance (Assembly Hall, NCPAG) 1,000 00 Paid

Marriage Equality Forum - Maintenance 500 00 Paid

Marriage Equality Forum - Food 300 00 Paid

UP Pride Week: Palma Hall Lobby Rental (See Note 32) 500 00 Paid

UP Pride Week: Publicity (See Note 32) 6,540 50 Paid

UP Pride Week: Fashion Show (See Note 32) 5,686 50 Paid

UP Pride Week: Pride March (See Note 32) 1,833 75 Paid

UP Pride Week: Ang Paglalantad Forum (See Note 32) 605 00 Paid

UP Pride Week: Frenzy Condoms & EZ Lubricating Jelly (See Note 7) 150,000 00 167,839 25 X-Deals

2nd Semester



HIV-AIDS Week: HIV Testing - Food (for Organizers) (See Note 2) 1,125 00 Paid

Ang Paglalantad Forum: HIV-AIDS - Food (for Organizers) (See Note 2) 300 00 1,975 50 Paid

TOTAL P 169,814.75

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USC UP Diliman




Note 24 People’s Struggles Committee


1st Semester



ED Philippine Human Rights Situationer 1,832 00 Paid

ED Philippine Human Rights Situationer 60 00 Payable

SONA 2013 Mobilization - Transportation, Food 1,370 00 Paid

Forum on Political Prisoners - Printing (Certificates) 68 00 Paid

Forum on Political Prisoners - Tokens 405 00 Payable

Basic Masses Integration - Transportation, Food, Tokens 7,500 00 Paid

Martial Law Commemoration - Transportation (Jeepney) 500 00 14,385 50 Payable

2nd Semester



Task Force Freedom Visit (1) - Transportation (Van) 2,000 00 Payable

Task Force Freedom Visit (2) - Transportation (Jeepney) 4,500 00 Paid

Task Force Freedom Visit (2) - Food, Token 500 00 9,026 00 Paid

TOTAL P 23,411.50

Note 25 Special Events Committee


2nd Semester



University Student Council Booth - Venue (Melchor Hall Lobby) 500 00 Paid

University Student Council Booth - Printing (Tarpaulin) 205 00 Paid

University Skills Chorale Workshop - Token 135 00 Paid

Tabula Rasa - USC Alumni Homecoming: Program (The UP Repertory Company) 250 00 Paid

Tabula Rasa - USC Alumni Homecoming: Program (UP Alay Sining) 250 00 Paid

Tabula Rasa - USC Alumni Homecoming: Food, Beverage, Venue (University Hotel) 7,000 00 8,992 50 Paid

TOTAL P 8,992.50

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USC UP Diliman




Note 26 Sports, Fitness, and Health Committee


1st Semester



UP Diliman Games 2013 - Food (for Referees) 550 00 Paid

League of Varsity Leaders Meeting - Food 615 00 1,198 00 Paid

2nd Semester



Intervarsity: Program (See Note 38) 22,500 00 X-Deals

Intervarsity: Program (See Note 38) 16,390 00 Paid

Intervarsity: Logistics and Internal Operations (See Note 38) 4,518 00 Paid

Intervarsity: Food and Beverage (See Note 38) 7,361 50 Paid

Intervarsity: Food and Beverage (See Note 38) 6,230 00 X-Deals

Intervarsity: Waste and Utility Maintenance (See Note 38) 3,120 00 Paid

Intervarsity: Promotion and Publicity (See Note 38) 374 00 Paid

UP Diliman Games 2013 - Medals 1,000 00 Paid

League of Varsity Leaders Meeting - Food (See Note 2) 1,875 00 63,504 00 Paid

TOTAL P 64,702.00

Note 27 Students Rights and Welfare Committee


1st Semester



2nd Semester



TOTAL P 1,898.00

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Note 28 UP Fair Ad Hoc


2nd Semester



UP Fair 2014: Program (See Note 37) 295,000 00 Paid

UP Fair 2014: Program (See Note 37) 85,000 00 X-Deals

UP Fair 2014: Production (See Note 37) 1,025,440 00 Paid

UP Fair 2014: Logistics and Internal Operations (See Note 37) 161,294 27 Paid

UP Fair 2014: Logistics and Internal Operations (See Note 37) 135,000 00 X-Deals

UP Fair 2014: Food and Beverage (See Note 37) 138,326 50 Paid

UP Fair 2014: Food and Beverage (See Note 37) 20,000 00 X-Deals

UP Fair 2014: Safety and Security (See Note 37) 767,200 00 Paid

UP Fair 2014: Waste and Utility Maintenance (See Note 37) 151,058 00 Paid

UP Fair 2014: Promotion and Publicity (See Note 37) 52,790 00 Paid

UP Fair 2014: Others (See Note 37) 3,000 48 Paid

UP Fair Ad Hoc Meeting - Food (for Organizers) (See Note 2) 1,000 00 2,836,975 95 Paid

TOTAL P 2,836,975.95

Note 29 Others


1st Semester

Disaster Risk and Reduction Management Seminar 135 00 Paid

Budget Campaign - Palma Hall Steps Rental 100 00 Paid

Budget Campaign - Ribbons 300 00 535 00 Paid

2nd Semester

Farmers March to UP Diliman - Food (for Participants) (See Note 2) 4,300 00 4,300 00 Prepaid Expense

TOTAL P 4,835.00

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Note 30 Blessings - PhotocopyingFor the 1st Semester of the Term Ending 30 April 2014

STATUS N/A PAID PAID PAID PAID PAIDTOTAL

COMMITTEE MAY JUN JUL AUG SEP OCT

League of College Councils N/A - - 1,100 00 - - P 1,100.00

Secretariat Committee N/A 21 60 15 00 9 50 477 00 4 00 P 527.10

Finance Committee N/A - 17 50 36 50 707 75 6 75 P 768.50

Ways and Means Committee N/A - - - - - P -

Mass Media Committee N/A 649 00 - - 300 00 - P 949.00

Basic Student Services Committee N/A - 97 50 60 00 138 75 91 50 P 387.75

Committee on Culture and the Arts N/A - 20 00 - - - P 20.00

Committee on Organizations, Fraternities, and Sororities

N/A 80 50 20 00 9 00 55 00 86 50 P 251.00

Community Rights and Welfare Committee N/A 35 00 - - - - P 35.00

Education and Research Committee N/A 75 00 353 50 2,115 10 25 00 - P 2,568.60

Environmental Concerns Committee N/A - 30 00 - - - P 30.00

Freshie Committee N/A 3 50 624 00 - - - P 627.50

Gender Committee N/A 602 50 - 195 00 - - P 797.50

People's Struggles Committee N/A 1,066 50 15 00 220 00 750 00 - P 2,051.50

Special Events Committee N/A - - - - - P -

Sports, Fitness and Health Committee N/A - 1 50 3 00 - - P 4.50

Students Legal Aid and Assistance Committee N/A - - - - - P -

Students Rights and Welfare Committee N/A 137 00 - 43 50 30 00 - P 210.50

University Job Fair Ad Hoc N/A - - - - - P -

UP Fair Ad Hoc N/A - - - - - P -

TOTAL - P 2,670.60 P 1,194.00 P 3,791.60 P 2,483.50 P 188.75 P 10,328.45

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USC UP Diliman




For the 2nd Semester of the Term Ending 30 April 2014

STATUS PAID PAID PAID PAID PAID PAYABLETOTAL

COMMITTEE NOV DEC JAN FEB MAR APR

League of College Councils 307 00 - 300 00 128 00 3,244 00 2,050 50 P 6,029.50

Secretariat Committee - 3,000 00 - - 418 50 0 50 P 3,419.00

Finance Committee 227 00 117 50 219 25 110 50 34 75 242 50 P 951.50

Ways and Means Committee - - - - - 1 50 P 1.50

Mass Media Committee - - - - - - P -

Basic Student Services Committee 384 00 - 110 00 75 00 216 50 766 20 P 1,551.70

Committee on Culture and the Arts - - - - - - P -


60 00 - - - - - P 60.00

Community Rights and Welfare Committee - - - - - - P -

Education and Research Committee 16 00 145 00 1,356 00 25 00 - - P 1,542.00

Environmental Concerns Committee - - - - - - P -

Freshie Committee - - - - - - P -

Gender Committee 330 00 171 00 - - - - P 501.00

People's Struggles Committee 1,800 00 - - - - - P 1,800.00

Special Events Committee - 69 00 - - - - P 69.00

Sports, Fitness and Health Committee - - 3 00 - 20 00 - P 23.00

Students Legal Aid and Assistance Committee - - - - - - P -

Students Rights and Welfare Committee 271 00 - - 360 00 843 00 - P 1,474.00

University Job Fair Ad Hoc - - - - - - P -

UP Fair Ad Hoc 184 00 - 387 50 314 20 - - P 885.70

TOTAL P 3,579.00 P 3,502.50 P 2,375.75 P 1,012.70 P 4,776.75 P 3,061.20 P 17,422.20

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USC UP Diliman




Note 31 Isko - Computer Rental and PrintingFor the 1st Semester of the Term Ending 30 April 2014


COMMITTEE MAY JUN JUL AUG SEP OCT

League of College Councils N/A 21 00 67 00 83 50 - - P 171.50

Secretariat Committee N/A 15 50 - 24 00 83 00 - P 122.50

Finance Committee N/A - - - 60 00 14 00 P 74.00

Ways and Means Committee N/A - - - - - P -

Mass Media Committee N/A 10 00 19 50 - 3 00 12 00 P 44.50

Basic Student Services Committee N/A - 22 50 16 50 12 00 - P 51.00

Committee on Culture and the Arts N/A - - - - - P -


N/A 259 50 43 50 4 50 33 00 - P 340.50

Community Rights and Welfare Committee N/A 61 50 - - - - P 61.50

Education and Research Committee N/A 10 50 79 50 - - - P 90.00

Environmental Concerns Committee N/A - - - - - P -

Freshie Committee N/A 22 50 160 50 - - - P 183.00

Gender Committee N/A 10 50 - 32 50 33 00 - P 76.00

People's Struggles Committee N/A 216 00 - 371 50 11 50 - P 599.00

Special Events Committee N/A - - - - - P -

Sports, Fitness and Health Committee N/A - - 28 50 - - P 28.50

Students Legal Aid and Assistance Committee N/A - - - - - P -

Students Rights and Welfare Committee N/A 50 00 - 22 50 4 50 - P 77.00

University Job Fair Ad Hoc N/A - - - - - P -

UP Fair Ad Hoc N/A - - - - - P -

TOTAL - P 677.00 P 392.50 P 583.50 P 240.00 P 26.00 P 1,919.00

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USC UP Diliman




2nd Semester of the Term Ending 30 April 2014


COMMITTEE NOV DEC JAN FEB MAR APR

League of College Councils 469 50 - 472 50 815 00 1,705 50 - P 3,462.50

Secretariat Committee - 13 50 104 00 - 8 50 - P 126.00

Finance Committee 64 50 14 00 44 00 7 00 21 00 2 50 P 153.00

Ways and Means Committee - - - - - - P -

Mass Media Committee - - - - - - P -

Basic Student Services Committee 54 00 3 00 65 50 - 16 00 P 138.50

Committee on Culture and the Arts - - 7 50 7 50 - - P 15.00


- - 12 00 - - - P 12.00

Community Rights and Welfare Committee - - - - 18 00 - P 18.00

Education and Research Committee 148 00 - 166 00 42 00 - P 356.00

Environmental Concerns Committee - - - - - - P -

Freshie Committee - - - - - - P -

Gender Committee 22 50 27 00 - - - - P 49.50

People's Struggles Committee 226 00 - - - - - P 226.00

Special Events Committee 13 50 - - 570 00 - - P 583.50

Sports, Fitness and Health Committee - - 8 00 - 104 50 - P 112.50

Students Legal Aid and Assistance Committee - - - - - - P -

Students Rights and Welfare Committee 41 50 - - 95 00 - - P 136.50

University Job Fair Ad Hoc - - - - - - P -

UP Fair Ad Hoc 27 00 - 514 00 440 00 - - P 981.00

TOTAL P 1,066.50 P 57.50 P 1,328.00 P 2,042.00 P 1,857.50 P 18.50 P 6,370.00

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USC UP Diliman




Note 32 UP Pride Week 2013Cash Expenses | Gender Committee | Inclusive Dates: June 25 to 28, 2013

PURPOSE AMOUNT TOTAL

Butterfly Oblation Launch

Glue 85 00

Nylon Cable 90 00

Epoxy 118 75

Velcro 32 00

Cordon Rope 210 00

Charol BM 187 50

Stickers Printing 11 50

RC 180 00

Hardware Materials 40 00

Transporation 99 00

Token for Artists 125 00 1,178 75

Pride Exhibit

Photocopying 1 50

Exhibit Stands 2,500 00

Tarpaulin Printing 1,440 00

Palma Hall Lobby Rental 500 00 4,441 50

Ang Paglalantad Forum

Tokens for Speakers 380 00

Certificate Frames 225 00 605 00

Pride March

Production Materials 243 50

Palma Hall Steps Rental 100 00

Maintenance 300 00 643 50

Project Genderway Fashion Show

Food for Models and Designers 1,500 00

Production Set (Lights and Sounds) 4,000 00

Water for Technician 23 00

Water for Performers 175 00 5,698 00

Publicity

Posters (11' x 17') 2,500 00

Masking Tape 99 00 2,599 00

TOTAL P 15,165.75

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USC UP Diliman




Note 33 UP Freshie Week 2013Revenues and Expenses | Freshie Committee | Inclusive Dates: July 1 to 5, 2013


General Sponsorships (See Disclosure A)

FOX Philippines 150,000 00

Smart Communications 10,000 00

Fresh N' Famous Foods - Greenwich 25,000 00

Moonleaf Milk Tea 25,000 00 210,000 00

Income Generation

UP Circle of Entrepreneurs Shirt Sale (% Share of Net Income) 5,000 00

Business Concessionaire - Dairy Queen Ice Cream 1,200 00

Business Concessionaire - Hoodies and Jackets 900 00

Business Concessionaire - Chicago Deep Dish 1,000 00

Business Concessionaire - Bukolicious 1,200 00

Business Concessionaire - New Polland Baker's Fair 1,200 00

Business Concessionaire - Gigabite Kebab 1,200 00

Business Concessionaire - Twittea Milk Tea 1,200 00 12,900 00

Photobooth

Permit and Maintenance (660 00) (660 00)

Film Showing

UPSE Diosdado Macapagal Hall Rental (5,000 00)

UPSE Maintenance Staff (660 00) (5,660 00)

Freshie Concert

Program: Band Performances (15,000 00)

Program: Writing Materials (109 00)

Program: Photocopying and Printing (228 00)

Program: Production of ID for Organizers & Performers (1,350 00)

Production: Stage, Lights and Sounds Equipment (150,000 00)

Production: Generator (7,250 00)

Logistics: Tent Rentals (14,000 00)

Logistics: Barricades Delivery and Setup (1,800 00)

Logistics: Tables and Chairs Rentals (575 00)

Logistics: #12 Wire Cable for Booths (2,480 00)

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Logistics: #12 Wire Cable for Production Set (6,500 00)

Logistics: Wires, Bulbs, Receptacles, etc (8,412 25)

Business Concessions Office (2,200 00)

Food and Beverage: Meals (x300) (14,150 00)

Food and Beverage: Milk Tea Drinks and Bottled Water (25,300 00)

Maintenance: Campus Maintenance Office (5,125 00)

Maintenance: Garbage and Utility Materials (414 00) (254,893 25)

Publicity

Posters and Flyers Printing (3,390 00) (3,390 00)

TOTAL P (41,703.25)

DISCLOSURE A Cinema One sponsored a film screening for UP Freshie Week 2013 on July 3, 2013 however the value of this sponsorship or film screening could not be reliably or practically determined hence its non-recognition in the Financial Statements

Note 34 Alternative Classroom Learning Experience


Momentum: Continuing the U.P. Experience | Expenses | Education and Research CommitteeDate: August 29, 2013

Allocation from Blessings - Photocopying (See Note 30) 1,844 60

Printing (Certificates) (See Note 20) 625 00

Supplies (Brown Envelopes) (See Note 20) 500 00 2,969 60

Emergence: Traversing the Storm | Expenses | Education and Research CommitteeDate: January 16, 2013


Allocation from Isko - Computer Rental and Printing (See Note 31) 694 00

Printing (Certificates) (See Note 20) 792 00

Printing (Posters) (See Note 20) 268 75

Supplies (Adhesives Materials) (See Note 20) 101 00

Supplies (Brown Envelopes) (See Note 20) 163 00

Supplies (Paper Materials) (See Note 20) 3,220 00 6,650 75

TOTAL P ₱9,620.35

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USC UP Diliman




Note 35 Mass Media Awareness MonthExpenses | Mass Media Committee & People’s Struggles Committee | Date: November 12 to 28, 2014 (See Disclosure A)



Photocopying (Primers) (See Note 15) 900 00

Printing (Tarpaulin) (See Note 15) 660 00

Supplies (Candles) (See Note 15) 245 00

Supplies (Art and Office) (See Note 15) 1,017 25

Photocopying (Program) (See Note 15) 112 00

Transportation (Jeepneys) (See Note 15) 2,000 00 6,734 25

TOTAL P 6,734.25

DISCLOSURE A The USC partenered with the UP College of Mass Communication Student by co-presenting the Mass Media Awareness Month As a partner, the USC contributed by providing financial support and absorbing financial expenses for the execution of the planned activities of the Mass Media Awareness Month, particularly the activities related to the Maguindanao Massacre Commemoration

Note 36 University Job FairUniversity Job Fair 2013 (New Routes Now Open) and University Job Fair 2014 (Your Success Story)

As part of the USC’s agreement via the University Job Fair Ad Hoc, and the UPD Office of Counseling and Guidance, the USC would receive its respective share of 35% of the Net Income from the execution of the University Job Fair Provided further, that whatever the USC receives in respect to this share of the Net Income, it would split equally such amount with partner organizations the UP Advertising Core (Promotion and Publicity) and the UP Junior Philippine Institute of Accountants (Marketing), as agreed upon among the heads of the USC, UP AdCore, and UPJPIA and noted by the UPD OCG

Under the USC of AY 2012 - 2013, the University Job Fair Ad Hoc was headed by College Representative Jonas Miguelito Cruz The University Job Fair 2013 generated a Net Income of Php 672,607 69 (independently computed) of which the USC’s share is Php 235,412 69 After splitting the latter amount among the USC, UP AdCore, and UP JPIA, the net proceeds the USC would receive is Php 78,740 90 This amount, although previously unrecognized in the USC-UPD Financial Statements for the Semester Ending 31 October 2013, is recognized in the USC-UPD Financial Statements for the Term Ending 30 April 2014 under Accounts Receivable and is retroactively considered as part of the Beginning Balance of Assets and the corresponding obligation (to UP AdCore and UP JPIA) under Accounts Payable Due to Partner Organizations as part of the Beginning Balance of Liabilities (See Note 44)

This 35% Share of Net Income was processed by the UPD OCG and will be received by the USC of AY 2014 - 2015 and will be responsible for its administration with co-organizers UP AdCore and UP JPIA

In respect to the University Job Fair 2014, headed by College Representative April Rose Ramos of the USC of AY 2013 - 2014, the USC’s Financial Reporting Group was unable to reliably determine the total Net Income of UJF 2014 as this was computed and processed by the UPD OCG and would not be released until full completition of the necessary documentation required by the UPD OCG Hence, reporting such attributable income would not be faithfully represented in the Financial Statements and consequently was not recognized in the Financial Statements but details of which were disclosed in the accompanying Notes to Financial Statements

However, the amounts and values attributable to the total Net Income for UJF 2014 is expected to be reliably determined during

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the USC of AY 2014 - 2015 The USC of AY 2014 - 2015 will be responsible for receiving and recognizing such amount and its retroactive effect in the Financial Statements It will also be responsible in the administration of the splitting with the same partner organizations UP AdCore (Promotion and Publicity) and UP JPIA (Marketing) as agreed upon by its respective heads at the time UJF 2014 was being organized

Note 37 UP Fair 2014Revenues and Expenses | UP Fair Ad Hoc | Inclusive Dates: February 11 to 15, 2014


REVENUES

Fundraising (See Note 6)

Bid Collections from Night Handlers (See Disclosure A) PHP 659,915 00 PHP 659,915 00

General Sponsorships (See Disclosures D, K) (See Note 7)

Smart Communications, Inc 200,000 00

American Star Apparel Philippines, Inc - Dickies 200,000 00

San Miguel Corporation 200,000 00

SM Men's Fashion Management Corp - SM Youth 100,000 00

UPBeat Merchandise 55,000 00

Upscaled Foods, Inc - Khaleb Shawarma 55,000 00

Prime Colors International Incorporated - Tomato 50,000 00

Energy Development Corporation 50,000 00

Petron Corporation 50,000 00

Fresh N' Famous Foods, Inc - Greenwich 50,000 00 1,010,000 00

Income Generation (See Disclosure B) (See Notes 8, 9)

Ticket Sales - Back Track (15 Feb 2014) - SM Tickets 995,232 00

Ticket Sales - Back Track (15 Feb 2014) - USC 279,000 00

Merchandise Sale - Mephobia Shirts (11 Feb 2014) 8,250 00





Booths - Creative Pro Good Coffee 13,000 00

Booths - Built By Sonic 8,000 00

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Booths - Topzint Fashion Collection 8,000 00

Booths - Tea Generation 8,000 00

Booths - Kamisetawa Shirts 8,000 00

Booths - Kley Land 8,000 00

Booths - Puta Henna Mo 6,000 00

Booths - Baby Blue Bunny 8,000 00

Booths - Knots 8,000 00

Booths - Night Owl Designs 6,000 00

Booths - Beans and Leaves 8,000 00

Booths - PH Indie 8,000 00

Booths - Ang Putahe ng Ina Nyong Lahat 8,000 00

Booths - OhmyGD Kpop Shoppe 8,000 00

Booths - Polytolyowie 8,000 00

Booths - We Chat 6,000 00

Booths - Flora Visca 8,000 00

Booths - Ides Catering 40,000 00

Booths - Master Siomai 8,000 00

Booths - Rasta Craf 8,000 00

Booths - Rashmin Sisig and Shawarma 8,000 00

Booths - Querkyavenue 8,000 00

Booths - Universal Robina Corporation (Jack and Jill) 8,000 00

Booths - Fasition Era 8,000 00

Booths - Vyp Enterprise 8,000 00

Booths - Joan Yumul 8,000 00

Booths - Ma Minda Pe 8,000 00

Booths - Mai Siomai 8,000 00

Booths - Alpha Fusion Web Technology Corp 6,000 00

Booths - Clementine 8,000 00

Booths - Hawk Bags 8,000 00

Booths - Labiemzo Corp 10,000 00

Booths - Eklavoo Avenue 8,000 00

Booths - Nacho King 8,000 00

Booths - Bagnet Lab 8,000 00

Booths - Colonial Properties 6,000 00

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USC UP Diliman





Booths - Kapwa Student Center 6,000 00

Rides and Fair Entertainment - Tau Rho Xi 80,000 00 1,773,832 00

Other Income (See Note 9)

Contribution - Food (from UP Economics Society) 600 00

Ticket Sales - PAPS Goes UP Fair (11 February 2014) 1,300 00 1,900 00

TOTAL REVENUES PHP 3,445,647.00

EXPENSES

Program - (Back Track - 15 Feb. 2014) (See Note 28)

Bands - Parokya ni Edgar (140,000 00)

Bands - Slapshock and Sadys (from Dickies) (85,000 00)

Bands - Gloc 9 (60,000 00)

Bands - Franco (60,000 00)

Bands - Sinosikat (12,000 00)

Bands - Tanya Markova (10,000 00)

Bands - Save Me Hollywood (8,000 00)

Bands - Mayonnaise (5,000 00) (380,000 00)

Production (Klarks Concepts) (See Note 28)

Production Set - Stage, Lights and Sounds Equipment (500,000 00)

Production Set - Technical Labor and Assistance (10,000 00)

Fair Grounds - Portalets and Additional 90 kVa Generator Sets (243,000 00)

Fair Grounds - Additional 60 kVa Generator Set (64,100 00)

Fair Grounds - Tents Lighting and Wiring Installation (134,540 00)

Fair Grounds - Perimeter Lighting and Wiring Installation (47,700 00)

Fair Grounds - Technical Labor and Assistance (10,000 00)

Fair Grounds - 60 kVa Generator Operation Extension (6,600 00)

Fair Grounds - 150 kVa Generator Operation Extension (9,500 00) (1,025,440 00)

Logistics and Internal Operations (See Note 28)

Cost of Merchandise Sold - Mephobia Shirts (11 Feb 2014) (8,101 40)





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Cost of Volunteer Shirts - Mephobia Shirts (from SM Youth) (5,140 00)

Cost of Volunteer Shirts - Mephobia Shirts (from Dickies) (15,000 00)

Cost of Organizer Shirts - UP FAIR Shirts (from UPBeat) (20,000 00)

Cost of Organizer and UPD Staff Shirts - UP FAIR Shirts (6,200 00)

Commission on Gross Ticket Sales - SM Tickets (59,713 92)

Bank Service Charge on Credit Card Sales - SM Tickets (1,173 60)

Cost of Printing of Pull-out Tickets - SM Tickets (17,400 00)

Tents - UP Manininda (36,600 00)

Tents - Additional Units (26,250 00)

Tents - Setup Labor (1,600 00)

Monoblock Chairs - UP Manininda (7,700 00)

Secretariat - ID Printing (Booth Handlers and UPD Staff) (3,050 00)

Secretariat - Notarization Expense (200 00)

Secretariat - Transporation Expense (100 00)

Secretariat - Electrical Supplies Expense (1,238 75)

Secretariat - Office Supplies Expense (68 00) (296,294 27)

Food and Beverage (See Note 28)

Snacks - Volunteers (6 Feb 2014) (190 50)

Breakfast - UP Manininda (8 Feb 2014) (1,500 00)

Lunch - UP Manininda (8 Feb 2014) (1,500 00)


Dinner - UP Manininda (9 Feb 2014) (2,100 00)







Midnight Snack - UP Manininda (11 Feb 2014) (6,000 00)






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Dinner - Clairelou Enterprise (14 Feb 2014) (10,800 00)





Dinner - Clairelou Enterprise (15 Feb 2014) (16,800 00)

Additional Bottled Water - UP Manininda (15 Feb 2014) (5,663 00)

Additional Food Orders - UP Manininda (Whole Week) (9,000 00)

Dinner - Whole Week (from Khaleb Shawarma) (20,000 00)

Snacks - Volunteers (18 Feb 2014) (188 00) (158,326 50)

Safety and Security (See Disclosures E, F, G, H, I) (See Note 28)

Safety - Custom Fencing (Sound Qoncept Entertainment Production) (80,000 00)

Safety - Long Span 10ft (Sound Qoncept Entertainment Production) (312,500 00)

Safety - Arc (Sound Qoncept Entertainment Production) (7,500 00)

Safety - Barricade Railings (Sound Qoncept Entertainment Production) (30,000 00)

Safety - Generator Set (Sound Qoncept Entertainment Production) (18,000 00)

Safety - Red Cross Youth Honorarium (11 Feb 2014) (1,500 00)





Security - UP Diliman Police (11 Feb 2014) (7,500 00)





Security - Special Services Brigade (11 Feb 2014) (9,600 00)





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Security - Private Security (11 Feb 2014) (23,300 00)





Security - Bouncer Services (11 Feb 2014) (14,800 00)





Security - Quezon City Police District (15 Feb 2014) (7,000 00) (767,200 00)

Waste and Utility Maintenance (See Disclosure J) (See Note 28)

Task Force Solid Waste Management (11 Feb 2014) (14,119 00)






Waste Management Materials - Sorting Tables (2,500 00)

Waste Management Materials - Drums (15,000 00)

Waste Management Materials - Activator Chemicals (10,000 00)

Waste Management Materials - Enzyme Solutions (8,000 00)

Waste Management Materials - Rice Sacks (2,500 00)

Waste Management Materials - Forks (750 00)

Waste Management Materials - Gloves (6,000 00)

Waste Management Materials - Soap (75 00)

Waste Management Materials - Alcohol (100 00)

Waste Management Materials - Wooden Pallets (15,000 00)

Campus Maintenance Office - Electricians (12 Feb 2014) (3,800 00)



Campus Maintenance Office - Electricians (15 Feb 2014) (3,800 00) (151,058 00)

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Promotion and Publicity (See Disclosure C) (See Note 28)

Promotional Materials - Lantern Parade Teaser (300 00)

Promotional Materials - Road Painting Activity (1,763 25)

Promotional Materials - UP Fair Letters (9,500 00)

Promotional Materials - Taho Cups Execution (480 00)

Promotional Materials - ID Printing and Lamination (3,735 00)

Promotional Materials - Tarpaulin Printing (10,310 00)

Promotional Materials - Ikot Jeep Sign Boards (771 00)

Promotional Materials - Miscellaneous (930 75)

Handling Fee - UP Advertising Core (25,000 00) (52,790 00)

Other Expenses (See Note 28)

Loss on Partner Organization Penalty (2,000 00)

Loss on Counterfeit Currency (1,000 00)

Loss on Change (Net) (0 48) (3,000 48)

TOTAL EXPENSES PHP (2,834,109.25)

NET INCOME (SEE DISCLOSURE K) PHP 611,537.75

DISCLOSURE A The Night Handlers are selected based on an established bidding process wherein the winning bids are collected in exchange for usufruct rights (i e ownership of the specific night’s ticket revenues) over the night that was successfully bidded upon and are composed of the following organizations: 1 UP Economics Society 2 UP Students of Destiny 3 Redlines Entertainment Production 4 P A P S Production

The disaggregation of proceeds from the bids are kept confidential as agreed upon with the Night Handlers, hence only the aggregate amount is represented in the Financial Statements

DISCLOSURE B Nights Ticket Sales The following are the gross ticket sales sold by SM Tickets for each night with the respective Night Handler The amounts indicated are based on the consolidated reports provided by SM Tickets Some Night Handlers paid (for the cost) and pulled out tickets to sell and distribute privately through their own efforts and are thus beyond the scope of the financial reporting requirements used in the development of these Financial Statements Sales from these pulled-out tickets are not covered by the gross ticket sales amounts provided by SM Tickets consolidated reports, hence the number of tickets pulled out are disclosed instead for a clearer perspective of the UP Fair scale of operations

NIGHT HANDLER - NIGHT TITLE TICKET SALES PULL-OUT TICKETS

1 P A P S Production - Paps Goes UP Fair: Ascend PHP 116,880 00 Not Applicable2 Redlines Entertainment Production - Todo Combo PHP 279,216 00 3503 UP Economics Society - Roots PHP 543,096 00 6,0004 UP Students of Destiny - Kontrakultura PHP 378,240 00 8,5005 University Student Council UP Diliman - Back Track PHP 995,232 00 2,900

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DISCLOSURE C Media Partners The UP Fair was publicized by the following media partners through the partners’ existing media channels in exchange for promotional billing The value of the publicity services however could not be reliably measured or practically determined hence its disclosure but non-recognition in the Financial Statements 1 Monster RX 93 1 2 Click the City 3 Oncuemedia 4 Pulp Magazine 5 Jack TV

DISCLOSURE D Exchange-Deal Sponsorships The following sponsors provided the indicated goods or merchandise (i e X-Deals) in partial or full fulfillment of their respective sponsorship packages: 1 SM Men’s Fashion Management Corp - SM Youth: T-Shirts (680 pieces) worth PHP 100,000 00 2 Upscaled Foods, Inc - Khaleb Shawarma: Shawarma Rice Meals worth PHP 20,000 00 3 UPBeat Merchandise: T-Shirts (80 pieces) worth PHP 20,000 00 4 American Star Apparel Philippines, Inc - Dickies: T-Shirts (150 pieces) worth PHP 100,000 00 5 Honda Cars Philippines: Rent-Free Tent Equipment (30 pieces)

DISCLOSURE E UP Diliman Police The following is a disaggregaton of the number of police officers requested for safety and security purposes per night:

DATE NO. OF POLICE OFFICERS

11 February 2014 712 February 2014 713 February 2014 714 February 2014 715 February 2014 8TOTAL 36

DISCLOSURE F UP Diliman Special Services Brigade The following is a disaggregaton of the number of special personnel requested for safety and security purposes per night:

DATE NO. OF PERSONNEL


DISCLOSURE G Private Security (Glocke Security Systems, Inc & Winace Security Agency, Inc ) The following is a disaggregaton of the number of guard personnel requested for safety and security purposes per night:



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DISCLOSURE H Bouncer Services The following is a disaggregaton of the number of bouncer personnel requested for crowd control and safety purposes per night:



DISCLOSURE I Quezon City Police District Seven (7) Police Officers and three (3) mobile vehicle units were requested from the Quezon City Police District Station 9 on February 15, 2014 due to massive crowd build-up and increasing incidents of theft and physical assault

DISCLOSURE J UP Diliman Task Force Solid Waste Management From February 11 to 15, 2014, personnel from the UPD TF-SWM were requested for general waste management services for the UP Fair The disaggregation of the number of personnel per night and their respective responsibilities are as follows:

RESPONSIBILITY NO. OF PERSONNEL

Picking 6Monitoring 4Segregation 10Supervision 2TOTAL 22

DISCLOSURE K Disaggregation of Net Income The following is a disaggregation of the Net Income amount These amounts are considered restricted as these are proceeds intended to be given to the chosen beneficiary of the UP Fair Cash-on-Hand PHP 11,507 75 Cash-in-Bank PHP 200,030 00 Accounts Receivable PHP 400,000 00 TOTAL PHP 611,537.75

Accounts Receivable is disaggregated as follows: ACCOUNT AMOUNT

Smart Communications, Inc PHP 200,000 00 Prime Colors International Incorporated - Tomato PHP 50,000 00 Energy Development Corporation PHP 50,000 00 Petron Corporation PHP 50,000 00 Fresh N’ Famous Foods, Inc - Greenwich PHP 50,000 00 TOTAL PHP 400,000.00

Note 38 IntervarsityRevenues and Expenses | Sports, Fitness and Health Committee | Inclusive Dates: March 17 to 21, 2014


REVENUES

General Sponsorships (See Note 7)

Banapple Pies and Cheesecakes 5,000 00

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Jose Miguel Alvaro F Camus 5,000 00

No Fear Philippines 10,000 00

Merrell Philippines 10,000 00

Office of the Chancellor 4,000 00

Athletics Office (College of Human Kinetics) 8,840 00

Office of Senator Pia S Cayetano 10,000 00

Asia Brewery, Inc (Cobra Energy Drink & Summit Natural Drinking Water) 6,230 00 59,070 00

Income Generation (See Note 8)

Nacho King 950 00

Baba Shawarma 750 00

UP Manininda 2,450 00

TOTAL REVENUES PHP 61,520.00

EXPENSES

Program (See Note 26)

Awards - Banapple Pies and Cheesecakes Products (2,500 00)

Awards - No Fear Philippines Products (10,000 00)

Awards - Merrell Philippines Gift Certificates (10,000 00)

Awards - Medals (Mold) (1,000 00)

Awards - Medals (Gold) (3,040 00)

Awards - Medals (Silver) (2,400 00)

Awards - Medals (Bronze) (2,400 00)

Referees (600 00)

Tokens - Organizers and Volunteers (800 00)

Tokens - String Bags (4,850 00)

Photobooth Rental (1,300 00) (38,890 00)

Logistics and Internal Operations (See Note 26)

Equipment - Stage, Lights and Sounds (2,500 00)

Equipment - Electrical Materials (783 00)

Supplies - Writing Materials (120 00)

Supplies - Gasoline (500 00)

Supplies - Photo Paper (55 00)

Supplies - Ice (560 00) (4,518 00)

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Food and Beverage (See Note 26)

Beverage - Cobra Energy Drink & Summit Natural Drinking Water (6,230 00)

Beverage - Taho (UP Manininda) (1,500 00)

Beverage - Water (2,829 50)

Food - Meals (UP Manininda) (2,200 00)

Food - Rodic's Diner (560 00)

Food - Snacks (272 00) (13,591 50)

Waste and Utility Maintenance (See Note 26)

Utility Personnel (3,000 00)

Supplies - Garbage Bags (120 00) (3,120 00)

Promotion and Publicity (See Note 26)

Printing - Tarpaulins (374 00) (374 00)

TOTAL EXPENSES PHP (60,493.50)

TOTAL PHP 1,026.50

Note 39 Cash

UNRESTRICTED RESTRICTED

CASH-ON-

HAND

CASH-IN-

BANK

ISKO OPER-

ATIONS FUND

PROF. E. DAGDAG

FUND

DEU FUND

SPEC FUND

UP FAIR 2014 FUND

Beginning Balance - 16,835.14 - - - - -

Collections/Deposits/Releases 3,494,770 20 1,144,152 61 288,587 65 1,000 00 2,263 00 8,400 00 2,805,647 00

Disbursements/Withdrawals/Payments (3,282,582 90) (950,088 00) (287,886 10) - (2,263 00) (7,500 00) (2,594,109 25)

Adjustments for Restrictions (208,139 30) (200,030 00) - - - - -

ENDING BALANCE ₱4,048.00 ₱10,869.75 ₱701.55 ₱1,000.00 ₱- ₱900.00 ₱211,537.75

TOTAL P ₱229,057.05

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Note 40 Payables Due to Council Officers

COMMITTEE PURPOSE AMOUNT

Office of the Chairperson Planning Seminar 27,000 00

Secretariat Committee USCA Team Building Activity - Food 2,100 00

Education and Research Committee Forum on Modern Day Heroes - Venue 2,100 00

People's Struggles Committee ED Philippine Human Rights Situationer 60 00

People's Struggles Committee Forum on Political Prisoners - Tokens 405 00

People's Struggles Committee Martial Law Commemoration - Transportation 500 00

People's Struggles Committee Task Force Freedom Visit (1) - Transportation 2,000 00

TOTAL P ₱34,165.00

Note 41 Payables Due to Partner Organizations

COMMITTEE (DUE TO PARTNER ORGANIZATION) PURPOSE AMOUNT

USC '12 - '13: University Job Fair Ad Hoc (Due to UP Advertising Core) Share of Net Income of UJF 2013 (See Note 36) 78,470 90

USC '12 - '13: University Job Fair Ad Hoc (Due to UP JPIA) Share of Net Income of UJF 2013 (See Note 36) 78,470 90

TOTAL P ₱156,941.80

Note 42 Payables Due to UP- Diliman Administration

COMMITTEE (DUE TO ADMINISTRATIVE OFFICE) PURPOSE AMOUNT

Office of the Chairperson (Due to Utilities Monitoring Team) Gatorade Football Cup 2013 - Electricity 330 00

TOTAL P ₱330.00

Note 43 Borrowings from Council Officers/Partner Organizations

PURPOSE AMOUNT DATE BORROWED/SETTLED

Funds Borrowed from UP Sunken Pleasure 20,000 00 26-May-13

Funds Borrowed to Finance UP Pride Week 2013 15,165 75 24-Jun-13

Funds Borrowed to Finance UP Freshie Week 2013 30,000 00 4-Jul-13

Settlement of Borrowings for UP Freshie Week 2013 (5,000 00) 31-Aug-13

Settlement of Borrowings for UP Freshie Week 2013 (10,000 00) 21-Sep-13

Settlement of Borrowings for UP Pride Week 2013 (15,165 75) 25-Oct-13

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PURPOSE AMOUNT DATE BORROWED/SETTLED

Settlement of Borrowings for UP Pride Week 2014 (15,000 00) 30-Oct-13

Funds Borrowed to Finance UP Fair 2014 30,000 00 13-Feb-14


Settlement of Borrowings for UP Fair 2014 (1,000 00) 14-Feb-14


Settlement of Borrowings for UP Fair 2014 (7,000 00) 19-Feb-14

Funds Borrowed to Finance UP Fair 2014 60,000 00 14-Mar-14

Funds Borrowed to Finance UP Fair 2014 (96,150 00) 20-Mar-14

Settlement of Borrowings from UP Sunken Pleasure (20,000 00) 21-Apr-14

BALANCE P -

Note 44 Net Assets

ASSETS LIABILITIES NET ASSETS, UNRESTRICTED

NET ASSETS, RESTRICTED

A Beginning Balance (01 May 2013) (See Disclosure A) PHP 389,755 56 PHP 178,981 79 PHP 210,773 77 PHP -

B Ending Balance (30 April 2014) PHP 1,086,576 51 PHP 194,516 49 PHP 277,920 72 PHP 614,139 30

NET CHANGES IN NET ASSETS (B-A) PHP 696,820.95 PHP 15,534.70 PHP 67,146.95 PHP 614,139.30

DISCLOSURE A Disaggregation of Beginning Assets The following is a disaggregation of the Beginning Balances of the accounts under Assets and Liabilities as of the beginning of the term:

ACCOUNT AMOUNT

Beginning Assets Cash PHP 16,835 14 Trust Fund: USC Trust Fund PHP 106,590 10 Trust Fund: 50% Share - Rental of Facilities PHP 30,917 63 Accounts Receivable: University Job Fair 2013 PHP 235,412 69 TOTAL BEGINNING ASSETS PHP 389,755.56

Liabilities Accounts Payable: Due to UP-D Administration PHP 22,040 00 Accounts Payable: Due to Partner Organizations PHP 156,941 79 TOTAL BEGINNING LIABILITIES PHP 178,981.79

Net Assets Unrestricted Net Assets PHP 210,773 77 Restricted Net Assets PHP - TOTAL NET ASSETS PHP 210,773.77

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Note 45 Financial Reporting GroupThe members of the Financial Reporting Group, mainly those from the UP Junior Philippine Institute of Accountants, are those

responsible for the conceptualization and creation of the University Financial Transparency Reporting Standards, which was adopted and extended in scope by the USC for its financial reporting purposes

NAME POSITION ORGANIZATION

Raphael Aaron A Letaba Treasurer and Councilor University Student Council (USC)

Chris Erwin S G Alquizalas Member and College Representative USC Finance Committee

Fenina Ma C De Leon Member and College Representative USC Finance Committee

Regine Beatrice T Rodriguez Member and College Representative USC Finance Committee

John Paul R Rotap Member and College Representative USC Finance Committee

Maria Isabela A Aurellado Member and College Representative USC Finance Committee

Egbert M Amoncio Member and College Representative USC Finance Committee

Ma Clarisse Eirene S Tinitigan Vice-President for Education and Research UP Junior Philippine Institute of Accountants

Ramon Carlo L Pio Roda Chairperson and USC Internal Auditor UPJPIA Accounting Services Ad Hoc

Augustus Caesar D Barroga Vice-Chairperson UPJPIA Accounting Services Ad Hoc

Ma Janine Regine A Teotico Vice-Chairperson UPJPIA Accounting Services Ad Hoc

Zachary Earl G See Vice-Chairperson UPJPIA Accounting Services Ad Hoc

Odessa Shayne A Rosario Vice-Chairperson UPJPIA Accounting Services Ad Hoc

Louise Gabrielle N Limpin Vice-Chairperson UPJPIA Accounting Services Ad Hoc

Josel Richa Ann D Rivera Vice-Chairperson UPJPIA Accounting Services Ad Hoc

Josel Richa Ann D Rivera Vice-Chairperson UPJPIA Accounting Services Ad Hoc

Earl Anthony V Bautista Vice-Chairperson UPJPIA Accounting Services Ad Hoc

Ryan E Ramirez Layout Editor UP Junior Philippine Institute of Accountants

Mihael Anjelu B Magana Assistant Auditor UP Junior Philippine Institute of Accountants

Carlo Miguel F Umengan Assistant Auditor UP Junior Philippine Institute of Accountants

USC UP Diliman


University of the Philippines – DilimanUniversity Student Council 2013 – 2014

Ana Alexandra C. CastroCHAIRPERSON

Julliano Fernando A. GuiangVICE-CHAIRPERSON

John Paulo G. delas NievesRafael Luis Rodolfo E. Fernando*

Charlotte C. FranceCarla Monica M. Gonzalez

Daniel L. GuzmanErica Camille U. Lau

Raphael Aaron A. LetabaAllynna-Haneefa A. MacapadoChristian Lemuel M. Magaling

Arjay R. MercadoSitti Meryam Agatha L. Reyes

Mario Andrefanio P. Santos IIErra Mae D. Zabat

COUNCILORS

Ma. Ysabelle Clarisse Anne S.M. BonoanASIAN INSTITUTE OF TOURISM REPRESENTATIVE

Jose Ruel V. FabiaCOLLEGE OF ARCHITECTURE REPRESENTATIVE

Ma. Aliona D. SilvaCOLLEGE OF ARTS AND LETTERS REPRESENTATIVE

Fenina Maria C. De LeonCOLLEGE OF BUSINESS ADMINISTRATION REPRESENTATIVE

Shamah S. Bulangis*Cush E. Jainani

COLLEGE OF EDUCATION REPRESENTATIVECarlo P. De Laza

COLLEGE OF FINE ARTS REPRESENTATIVEAnna Alexa F. Nacional

COLLEGE OF HOME ECONOMICS REPRESENTATIVEDaniel Raymund L. Nieva

April Rose B. RamosCOLLEGE OF ENGINEERING REPRESENTATIVES

Ma. Isabela B. AurelladoCOLLEGE OF HUMAN KINETICS REPRESENTATIVE

John Paul R. RotapCOLLEGE OF LAW REPRESENTATIVE

Carla Patrice S. CucuecoCOLLEGE OF MASS COMMUNICATION REPRESENTATIVE

Stefanie D. QuintinCOLLEGE OF MUSIC REPRESENTATIVE

Ram Vincent C. TomanengCOLLEGE OF SCIENCE REPRESENTATIVE

Chris Erwin S.G. AlquizalasCOLLEGE OF SOCIAL SCIENCES AND PHILOSOPHY REPRESENTATIVE

Erika Isabel B. YagueCOLLEGE OF SOCIAL WORK AND COMMUNITY DEVELOPMENT

REPRESENTATIVEFrancesca Anne Louise G. Angeles

NATIONAL COLLEGE OF PUBLIC ADMINISTRATION AND GOVERNANCE REPRESENTATIVE

Regine Beatrice T. RodriguezSCHOOL OF ECONOMICS REPRESENTATIVE

David C. TeranteSCHOOL OF LIBRARY AND INFORMATION STUDIES REPRESENTATIVE

Maria Angelica R. Rotoni*Egbert M. Amoncio

SCHOOL OF STATISTICS REPRESENTATIVE

*Resigned

University Student Council Financial Statements for the Term Ending 30 April 2014

Documents

Transcript of University Student Council Financial Statements for the Term Ending 30 April 2014