Assets and Liabilities

(as of July 2004)


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BULUT, Elias Jr.  

 

Total Assets (in pesos): 27,700,000.00

Total Liabilities (in pesos): 6,000,000.00

Net Worth (in pesos): 21,700,000.00

 

Real Properties

 

Type

Address

Year Acquired

Mode of Acquisition

Assessed Value

Fair Market Value

Acquisition Cost

Residential property

Fairview, Quezon City

1996

purchased

not given

3,500,000.00

not given

Agricultural land

Cagayan

not given

purchased

not given

800,000.00

not given

Residential property

Fairview, Quezon City

1993

purchased

not given

1,600,000.00

not given

Agricultural land

Calanasan, Apayao

not given

not given

not given

900,000.00

not given

Residential property

Calanasan, Apayao

1992

not given

not given

800,000.00

not given

 

 

Personal Assets

 

Type

Year Acquired

Acquisition Cost

Motor vehicles (unspecified cars)

1994-2000

5,300,000.00

Bulldozers (5)

1990-1998

8,000,000.00

Trucks (10)

1990-1998

5,000,000.00

Cargo trucks (4)

1994-1998

1,800,000.00

 

 

Liabilities

 

Nature

Amount

Credit line - Land Bank of the Philippines

5,000,000.00

Car loan - I-Bank

1,000,000.00