Assets and Liabilities

(as of July 2004)


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CHUNGALAO, Solomon  

 

Total Assets (in pesos): 9,670,000.00

Total Liabilities (in pesos): 4,000,000.00

Net Worth (in pesos): 5,670,000.00

 

Real Properties

 

Type

Address

Year Acquired

Mode of Acquisition

Assessed Value

Fair Market Value

Acquisition Cost

House and lot

not given

1999

purchased

not given

3,000,000.00

not given

 

 

Personal Assets

 

Type

Year Acquired

Acquisition Cost

Motor vehicle - Pick-Up

1998

270,000.00

Personal computers

1998

100,000.00

Motor vehicle - Pick-Up

2002

600,000.00

Motor vehicle - Van

2003

700,000.00

Cash in bank

2004

5,000,000.00

 

 

Liabilities

 

Nature

Amount

Loans

4,000,000.00