Assets and Liabilities

(as of July 2004)


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NANTES, Rafael  

 

Total Assets (in pesos):  116,908,693.89

Total Liabilities (in pesos):  7,691,666.70

Net Worth (in pesos):  109,217,027.19

 

Real Properties

 

Type

Address

Year Acquired

Mode of Acquisition

Assessed Value

Fair Market Value

Acquisition Cost

Industrial lot, factory and warehouse

Valenzuela

1993

purchased and constructed

2,512,490.00

not given

 10,250,000.00

Commercial lot and office unit

New Manila

1992

purchased

312,674.00

not given

5,390,000.00

House and lot

Marikina

1989

purchased

295,390.00

not given

4,792,000.00

House and lot

Marikina

1989

purchased

152,530.00

not given

2,975,000.00

House and lot

Polilio

1994

inherited and constructed

150,000.00

not given

3,915,000.00

Residential lot

Bulacan

1985

purchased

38,784.00

not given

 446,000.00

Residential lot

Lucban

1994

purchased

 83,890.00

not given

 650,000.00

Residential lot

New Manila

2002

purchased

 222,260.00

not given

 5,368,500.00

Agricultural land

Panukulan

1987

inherited

 11,307.00

not given

 86,537.00

Agricultural land

Panukulan

1987

inherited

15,550.00

not given

118,802.00

Agricultural land

Polilio

1993

purchased

19,678.00

not given

200,000.00

Agricultural land

Polilio

1997

purchased

24,785.00

not given

250,000.00

Agricultural land with house

Lucban

2002

purchased

109,320.00

not given

7,767,770.89

 

 

Personal Assets

 

Type

Year Acquired

Acquisition Cost

Motor vehicle - Pajero

1991

 2,600,000.00

Motor vehicle - Honda Civic ESI

1993

 549,000.00

Motor vehicle - Mitsubishi L-300

1998

 720,000.00

Motor vehicles - Mitsubishi Canter truck (2 units)

different years

 800,000.00

Motor vehicle - Ford Expedition

1999

 1,700,000.00

Motor vehicle - Ford Expedition

2001

 1,700,000.00

Motor vehicle - Toyota Grandia

2002

 1,210,494.00

Passenger boat

1996

 550,000.00

Office equipment

various years

 672,332.00

Office furniture and fixtures

various years

 472,000.00

Plant machinery, service equipment and tools

various years

 28,000,000.00

Furniture, fixtures and appliances

various years

 1,250,000.00

Jewelry

various years

 3,330,333.00

Books

various years

 245,000.00

Other personal assets

various years

 368,625.00

Cash on hand and in bank

not given

 15,299,800.00

Receivables

not given

 2,200,000.00

Investment in partnership

not given

 8,500,000.00

Investment in corporation

not given

 2,400,000.00

Merchandise inventory

not given

 2,131,500.00

 

 

Liabilities

 

Nature

Amount

Personal loans

 7,691,666.70