Table E.3                                
BALANCE SHEET OF SELECTED GOVERNMENT CORPORATIONS, FY 2001                            
(In Thousand Pesos)                                
                                   
  PARTICULARS  A  S  S  E  T  S  TOTAL  L I A B I L I T I E S  Net Worth  TOTAL ASSETS TOTAL      
   Current  Fixed    Current  Long - Term    =      
     Rest  Equipment, Land                 TOTAL      
   Cash and  of  and Related  Rest          Rest  LIABILITIES      
   Investment in  Current  Improvements  of  Domestic  Foreign  Domestic  Foreign  of  AND      
   Securities  Assets  and Others  Assets  Creditors  Creditors  Creditors  Creditors  Liabilities  NET WORTH      
                                   
DEPARTMENT OF AGRARIAN REFORM       93,350,847   107,625,269             4,142,383          20,018,354        -      186,132,036                    -                          -                          -          20,136,791        18,868,026       225,136,853        -   ####         225,136,853                      -  
                                   
                                                  -    
1. Land Bank of the Philippines        93,350,847     107,625,269               4,142,383            20,018,354      186,132,036                     -                          -                          -           20,136,791          18,868,026        225,136,853        -   ####          225,136,853                      -  
                   -                                         -                        -  
DEPARTMENT OF AGRICULTURE         3,494,538     12,155,354           63,265,193            4,811,177        -          9,105,040           409,647           3,180,032            6,678,006        11,108,361        53,245,176         83,726,262        -   ####           83,726,262                      -  
                                   
                   -                                         -                        -  
2. National Dairy Authority             105,383             32,314                 170,794                136,651              18,619                     -                   42,400                        -                314,856                69,267               445,142        -   ####                 445,142                      -  
3. National Irrigation Administration                       1,373,026         8,234,311             61,630,639             2,373,316         8,194,300                     -                   21,217             6,631,341           8,737,959          50,026,475          73,611,292        -   ####            73,611,292                      -  
4. National Tobacco Administration               49,778            189,275                   87,588                179,297              69,691                     -                     1,267                        -                  43,248              391,732               505,938        -   ####                 505,938                      -  
5. Philippine Coconut Authority             258,618            139,370                 136,161             1,510,610            168,236                     -                   23,242                        -             1,254,003              599,278            2,044,759        -   ####              2,044,759                      -  
6. Philippine Crop Insurance Corporation             475,974            122,909                   10,440                  19,694            266,730                     -                  183,030                        -                  50,990              128,267               629,017        -   ####                 629,017                      -  
7. Philippine Fisheries Development Authority             152,246            277,682                 220,910                  23,011            104,108            409,647                        -                    46,665              142,972               (29,543)               673,849        -   ####                 673,849                      -  
8. Philippine Rice Research Institute             169,298             13,288                 853,271                         -                  5,731                     -                          -                          -                171,149              858,977            1,035,857        -   ####              1,035,857                      -  
9. Quedan and Rural Credit Guarantee Corp.             553,188         2,837,792                   38,724                467,649            135,824                     -               2,858,523                        -                152,060              750,946            3,897,353        -   ####              3,897,353                      -  
10. Sugar Regulatory Administration             357,027            308,413                 116,666                100,949            141,801                     -                   50,353                        -                241,124              449,777               883,055        -   ####                 883,055                      -  
                   -                                         -                        -  
DEPARTMENT OF ENERGY       28,361,703     45,968,205         271,015,931        735,391,485        -      102,425,018        2,598,475           5,279,665        341,650,015      504,232,933      124,551,218    1,080,737,324        -   ####      1,080,737,324                      -  
                                   
                   -                                         -                        -  
11. National Electrification Administration             536,529         2,524,403                 578,770            17,559,599         8,745,811                     -               5,098,965             2,392,656              298,075            4,663,794          21,199,301        -   ####            21,199,301                      -  
12. National Power Corporation        24,767,654       39,158,072           270,069,683          671,989,871       91,405,382         2,598,475                180,700         318,343,284        499,943,536          93,513,903      1,005,985,280        -   ####        1,005,985,280                      -  
13. Philippine National Oil Company          3,057,520         4,285,730                 367,478            45,842,015         2,273,825                     -                          -             20,914,075           3,991,322          26,373,521          53,552,743        -   ####            53,552,743                      -  
                   -                                         -                        -  
DEPT. OF ENVIRON. & NATURAL RESOURCES            148,508            26,125                  69,995                   6,633        -               10,915                    -                    2,612                        -                 23,925             213,809              251,261        -   ####                251,261                      -  
                                   
                   -                 #REF!                         -                        -  
14. Laguna Lake Development Authority             148,508             26,125                   69,995                    6,633              10,915                     -                     2,612                        -                  23,925              213,809               251,261 ####                 251,261                      -  
                   -                 #REF!                         -                        -  
DEPARTMENT OF FINANCE         1,501,541       2,298,730                354,196          60,151,064        -             855,934                    -           30,101,910                        -               771,370        32,576,317         64,305,531        -   ####           64,305,531                      -  
                                   
                   -                        -          -                           -                        -  
15. Philippine Deposit Insurance Corporation             578,283         2,252,565                 235,449            59,977,554            813,638                     -             30,071,329                        -                728,807          31,430,077          63,043,851 ####            63,043,851                      -  
16. Trade & Investment Dev. Corp. of the Phils.             923,258             46,165                 118,747                173,510              42,296                     -                   30,581                        -                  42,563            1,146,240            1,261,680        -   ####              1,261,680                      -  
                   -                        -                           -                        -  
DEPARTMENT OF HEALTH       25,504,725       4,275,090             2,668,714            6,226,393        -             833,273                    -                  55,733                        -               368,718        37,417,198         38,674,922        -   ####           38,674,922                      -  
                                   
                   -                                         -                        -  
17. Lung Center of the Philippines               45,265            177,159               1,035,782                101,558              24,018                     -                   55,733                        -                  30,698            1,249,315            1,359,764 ####              1,359,764                      -  
18. National Kidney and Transplant Institute             214,513            363,969                 468,043                  20,589            140,453                     -                          -                          -                151,498              775,163            1,067,114        -   ####              1,067,114                      -  
19. Philippine Children's Medical Center             182,692             48,466                 181,139                    1,319              30,674                     -                          -                          -                  73,652              309,290               413,616        -   ####                 413,616                      -  
20. Philippine Health Insurance Corporation        25,013,743         3,382,112                 240,250             6,097,444            520,239                     -                          -                          -                         -            34,213,310          34,733,549        -   ####            34,733,549                      -  
21. Philippine Heart Center               43,505            287,246                 685,226                    5,483            116,983                     -                          -                          -                108,122              796,355            1,021,460        -   ####              1,021,460                      -  
22. Philippine Institute of Traditional and Alternative                                                 -                           -                        -  
            Health Care                                             5,007             16,138                   58,274                         -                    906                     -                          -                          -                    4,748                73,765                 79,419                   79,419                      -  
                   -                 #REF!        -                           -                        -  
DEPT. OF LABOR & EMPLOYMENT            125,678              7,221                175,440                   7,340        -               37,762                    -                          -                          -                 14,631             263,286              315,679        -          -                  315,679                      -  
                                   
                             
23. Employees Compensation Commission                 54,905               4,203                   79,640                    3,942              37,762                     -                          -                          -                    7,562                97,366               142,690                 142,690                      -  
24. Occupational Safety & Health Center               70,773               3,018                   95,800                    3,398                     -                       -                          -                          -                    7,069              165,920               172,989                 172,989                      -  
                             
DEPT. OF NATIONAL DEFENSE            236,980            66,506                665,431                 54,540        -             368,240                    -                234,356               169,721                 2,183             248,957           1,023,457        -   ####             1,023,457                      -  
                                   
                   -                        -          -                           -                        -  
25. PHIVIDEC Industrial Authority             236,980             66,506                 665,431                  54,540            368,240                     -                  234,356                169,721                  2,183              248,957            1,023,457 ####              1,023,457                      -  
                                                  -                        -  
DEPT. OF PUBLIC WORKS AND HIGHWAYS         3,002,610       3,275,818           50,655,947          11,280,445        -             430,248           147,405              879,345          19,674,232          4,452,634        42,630,956         68,214,820        -   ####           68,214,820                      -  
                                   
                   -                        -          -                           -                        -  
26. Local Water Utilities Administration             818,378            455,563                   57,947             9,738,578            423,551            147,405                 13,223             5,096,653              264,786            5,124,848          11,070,466 ####            11,070,466                      -  
27. Metropolitan Waterworks & Sew. Sys.-Regulatory              280,127            114,506                   24,893                  84,093                6,697                     -                          -                    85,145                24,535              387,242               503,619 ####                 503,619                      -  
  Metropolitan Waterworks & Sew. Sys.-Residual           1,904,105         2,705,749             50,573,107             1,457,774                     -                       -                  866,122           14,492,434           4,163,313          37,118,866          56,640,735        -   ####            56,640,735                      -  
                   -                        -          -                           -                        -  
DEPARTMENT OF TOURISM            818,112          105,329             9,758,011               780,899        -               68,056                    -                          -                 341,873             351,236        10,701,186         11,462,351        -   ####           11,462,351                      -  
                                   
                   -                        -          -                           -                        -  
28. Nayong Pilipino Foundation               32,557               7,152               4,499,409                    5,957                1,759                     -                          -                          -                  20,374            4,522,942            4,545,075 ####              4,545,075                      -  
29. Philippine Convention & Visitors Corporation               44,348             20,924                   11,913                    1,456              13,964                     -                          -                          -                  34,093                30,584                 78,641        -   ####                   78,641                      -  
30. Philippine Tourism Authority             741,207             77,253               5,246,689                773,486              52,333                     -                          -                  341,873              296,769            6,147,660            6,838,635        -   ####              6,838,635                      -  
                   -                        -                          -  
                             
DEPARTMENT OF TRADE AND INDUSTRY         4,939,307       1,057,512             5,549,574            8,044,153 ####        1,847,850           346,699           2,531,896            3,990,838          6,988,308          3,884,955         19,590,546 #REF! ####           19,590,546                      -  
                                   
                   -                 #REF!        -                          -  
31. Center for Int'l. Trade Expositions & Missions             310,751               6,786                   19,075                    7,524              11,976                     -                  116,272                        -                    8,329              207,559               344,136 ####                 344,136                      -  
32. Cottage Industry Technology Center               11,989             10,833                   57,823                    8,816                1,244                     -                          -                          -                         -                  88,217                 89,461        -   ####                   89,461                      -  
33. National Development Company          2,131,915             42,638                 587,875             7,829,380 ####            353,179            193,699             1,411,167             1,709,230           6,726,278              198,255          10,591,808 #REF! ####            10,591,808                      -  
34. Philippine Economic Zone Authority             910,541            324,107               4,711,003                  39,492         1,432,470            153,000             1,004,457             2,281,608              101,588            1,012,020            5,985,143              5,985,143                      -  
35. Phil. International Trading Corporation             179,372             81,593                     5,990                  63,691              11,148                     -                          -                          -                  43,837              275,661               330,646                 330,646                      -  
36. Philippine Retirement Authority             103,154             31,903                   48,093                       405              10,370                     -                          -                          -                    7,482              165,703               183,555                 183,555                      -  
37. Small Business Guarantee & Finance Corp.          1,291,585            559,652                 119,715                  94,845              27,463                     -                          -                          -                100,794            1,937,540            2,065,797              2,065,797  
                                                 -  
DEPT. OF TRANS. & COMMUNICATIONS       13,102,209       8,939,528         117,177,578            4,166,227        -        17,181,751           204,381           6,477,416          35,961,382          5,809,066        77,751,546       143,385,542 #REF! ####         143,385,542                      -  
                               
                   -                 #REF!                         -                        -  
38. Light Rail Transit Authority                  417,743         1,645,866             16,172,714                893,875            889,365            204,381                        -             22,667,460              270,153          (4,901,161)          19,130,198 #REF! ####            19,130,198                      -  
39. Mactan-Cebu International Airport Authority             301,333             11,670               1,997,344                    8,609            251,904                     -                   41,399                        -                  47,172            1,978,481            2,318,956 #REF! ####              2,318,956                      -  
40. Manila International Airport Authority          4,496,643         2,745,856             17,039,748                671,629         1,394,523                     -                          -               7,472,732           1,172,983          14,913,638          24,953,876 #REF! ####            24,953,876                      -  
41. Philippine National Railways               68,910            413,506             10,648,374                134,723       10,506,483                     -                          -               5,821,190              120,683          (5,182,843)          11,265,513 #REF! ####            11,265,513                      -  
42. Philippine Ports Authority          5,563,950         1,162,450             68,641,490                521,010         2,808,170                     -               5,791,210                        -                         -            67,289,520          75,888,900        -   ####            75,888,900                      -  
43. Philippine Postal Corporation          2,253,630         2,960,180               2,677,908             1,936,381         1,331,306                     -                  644,807                        -             4,198,075            3,653,911            9,828,099        -   ####              9,828,099                      -  
                   -                                         -                        -  
NATIONAL ECO. AND DEVELOPMENT                -                        -                           -                        -  
       AUTHORITY              73,991            24,213                  11,390               246,929        -                 8,654                    -                          -                          -                 23,212             324,657              356,523        -   ####                356,523                      -  
                               
                   -                        -          -                           -                        -  
44. Philippine Institute for Development Studies               65,185             23,811                     9,068                246,928                4,530                     -                          -                          -                  18,127              322,335               344,992 ####                 344,992                      -  
45. Philippine APEC Study Center Network                8,806                  402                     2,322                          1                4,124                     -                          -                          -                    5,085                  2,322                 11,531        -   ####                   11,531                      -  
                                                  -                        -  
OFFICE OF THE PRESS SECRETARY              16,481          408,443                716,369                 95,324        -             365,521                    -                          -                          -                 67,525             803,571           1,236,617        -          -               1,236,617                      -  
                               
                                                  -                        -  
46. People's Television Network, Inc.               16,481            408,443                 716,369                  95,324            365,521                     -                          -                          -                  67,525              803,571            1,236,617              1,236,617                      -  
                                                  -                        -  
OTHER EXECUTIVE OFFICES       56,981,822   122,149,628           59,520,724        451,121,133        -        88,899,882        1,719,383       145,667,209               738,261        40,055,852      412,692,720       689,773,307 #REF! ####         689,773,307                      -  
                               
                                                  -                        -  
47. Bases Conversion Development Authority          1,152,000         4,487,000             43,878,000            30,744,000         1,558,000                     -                  500,000                        -             1,803,000          76,400,000          80,261,000 #REF! ####            80,261,000                      -  
48. Cagayan Economic Zone Authority             162,614             14,877                 414,564                    4,653              55,552                     -                          -                          -                    5,599              535,557               596,708 #REF! ####                 596,708                      -  
49. Cultural Center of the Philippines             180,378             74,738               1,309,966                    5,229              76,486                     -                          -                          -                  29,081            1,464,744            1,570,311        -   ####              1,570,311                      -  
50. Development Bank of the Philippines        40,617,681       26,901,584                 901,601            70,489,681       41,035,574                     -             79,460,662                        -             1,006,353          17,407,958        138,910,547 #REF! ####          138,910,547                      -  
51. Government Service Insurance System                                 2,011,000       40,999,000               3,401,000          163,168,000         7,024,000         1,501,000                        -                          -             1,423,000        199,631,000        209,579,000 ####          209,579,000                      -  
52. Home Development Mutual Fund          5,841,916         2,398,364               1,017,854          113,947,535         2,446,273                     -             19,964,269                        -             6,549,240          94,245,887        123,205,669          123,205,669                      -  
53. Home Guaranty Corporation             108,523         7,639,105               3,678,268             2,817,348         4,352,669                     -                  841,350                        -             3,061,227            5,987,998          14,243,244 ####            14,243,244                      -  
54. National Food Authority          1,932,430       13,488,412               1,656,099             3,466,014       20,847,906                     -               1,683,644                        -             1,316,201          (3,304,796)          20,542,955 #REF! ####            20,542,955                      -  
55. National Home Mortgage Finance Corp.             938,967         5,042,616                   35,981            45,900,969         7,145,504            218,383           37,771,843                738,261           5,577,374              467,168          51,918,533        -   ####            51,918,533                      -  
56. National Housing Authority             931,580         2,843,504                   53,231            14,696,952         2,408,001                     -                  388,393                        -             2,744,893          12,983,980          18,525,267        -   ####            18,525,267                      -  
57. Philippine Center for Economic Development               81,105               7,495                   10,020                       482                  366                     -                          -                          -                         -                  98,736                 99,102 #REF! ####                   99,102                      -  
58. Philippine Charity Sweeptakes Office          2,475,332            355,590               1,275,945                  76,040         1,031,899                     -                          -                          -             3,236,853               (85,845)            4,182,907 ####              4,182,907                      -  
59. Public Estates Authority             363,862       17,276,764               1,523,972             5,780,450            889,249                     -               5,053,478                        -           13,272,511            5,729,810          24,945,048 #REF! ####            24,945,048                      -  
60. Southern Philippines  Development Authority               51,562            613,758                   52,660                  18,951              24,967                     -                     3,570                        -                  22,080              686,314               736,931        -   ####                 736,931                      -  
61. Zamboanga City Special Economic Zone Autho.             132,872               6,821                 311,563                    4,829                3,436                     -                          -                          -                    8,440              444,209               456,085 #REF! ####                 456,085                      -  
                               
                   -                        -                           -                        -  
  GRAND TOTAL     231,659,052   308,382,971         585,746,876     1,302,402,096 ####    408,570,180        5,425,990       194,410,174        409,204,328      594,406,745      816,173,578    2,428,190,995 #REF! ####      2,428,190,995                      -  
                               
                            #REF!