Statement of Indebtedness Payments and Balances(2025-05-05).xlsx

	A	B	D	E	F
1	Simplified Statement of Indebtedness, Payments and Balances (SIPB)
2	FDPP Form 2 - Statement of Indebtedness, Payments and Balances
3	(DOF-BLGF Memorandum Circular No. 005-2018 dated January 22, 2018, Annex E)
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5	Statement of Indebtedness, Payments and Balances (SIPB)
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7	REGION:	REGION X - NORTHERN MINDANAO	CALENDAR YEAR:	2025
8	PROVINCE:	MISAMIS ORIENTAL	QUARTER:	1
9	CITY/MUNICIPALITY:
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12	Instruction: Please prepare a Statement for each kind of loan.
13	ITEM NO.	PARTICULARS			DETAILS
14	1	LGU Income Classification			1st Class Province
15	2	Date of Report			March 31, 2025
16	3	Lending Institution (Bank or Creditor)			Development Bank of the Philippines
17	4	Certificate Number - NDSC/BC			R10-2020-04-064
18	5	Date of Certification - NDSC/BC			29-Apr-20
19	6	Monetary Board (MB) Resolution Number			701
20	7	Date of MB Opinion			4-Jun-20
21	8	Date of Approval Loan			20-May-20
22	9	Amount Approved*			593,954,021.42
23	10	Maturity Date			June 22, 2029
24	11	Type of Indebtedness Instrument (Loan, Bond or other form of indebtedness)			Long Term Loan
25	12	Purpose of Indebtedness			Procurement of brand new heavy equipment; vehicles; container vans; and emergency response equipment and hospital and medical equipment
26	13	Terms and Conditions: Fixed or Variable			Variable
27	14	Terms and Conditions: No. of Years of Indebtedness			15
28	15	Terms and Conditions: Interest Rate			4.75%
29	16	Terms and Conditions: Grace Period (Number of Months or Years)			12 months
30	17	Frequency of Payment			Quarterly
31	18	Annual Amortization: Principal			90,290,285.02
32	19	Annual Amortization: Interest			19,456,115.21
33	20	Annual Amortization: Gross Receipt Tax (GRT)
34	21	Starting Date of Payment			August 11, 2021 (Interest); August 11, 2022 (Interest + Principal)
35	22	Cumulative Payment from Starting Date: Principal			104,981,455.26
36	23	Cumulative Payment from Starting Date: Interest			43,548,420.48
37	24	Cumulative Payment from Starting Date: GRT
38	25	Total Amount Released (Availment as of date)			593,954,021.42
39	26	Remaining Balance to Date / Undrawn Amount (Line 9-25=26)
40	27	Outstanding Loan Balance After Principal Payment (Line 9-22=27)			488,972,566.16
41	28	Arrears: Principal (if any)
42	29	Arrears: Interest (if any)
43	30	Collateral Security			Assignment of portion of IRA withhold-out deposit equivalent to 1 month quarterly amortization
44	31	Deposit to Bond Sinking Fund for the Year
45	32	Sinking Fund Balance to Date, if any
46	33	Breakdown of Fees and Other Related Costs (of loan)			Total Finance Charge + Non-Finance Charge P9,513,341.00
47	34	Other Relevant Terms and Conditions (of loan)
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49	Certified Correct by:			Date Issued:
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51	SGD.
52	RONALD JAME D. VIOLON, CPA, REB, REA, MDMG			April 29, 2025
53	Provincial Treasurer
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55	Note:
56	*Please indicate if on a staggered basis.
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