Assets and Liabilities

(as of July 2004)


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VELARDE, Rene  

 

Total Assets (in pesos):  31,210,574.60

Total Liabilities (in pesos):  2,900,374.96

Net Worth (in pesos):  28,310,199.64

 

Real Properties

 

Type

Address

Year Acquired

Mode of Acquisition

Assessed Value

Fair Market Value

Acquisition Cost

House and lot

Ayala Alabang, Muntinlupa, Metro Manila

1996

purchased

not given

18,810,000.00

not given

Residential lot

Sherwood Hills, Trece Martirez, Cavite

1996

purchased

not given

695,294.60

not given

 

 

Personal Assets

 

Type

Year Acquired

Acquisition Cost

Motor vehicle - Nissan Cefiro

1999

 1,000,000.00

Motor vehicle - Kia RS Sedona

2003

 945,000.00

Paintings

not given

 1,000,000.00

Jewelry

not given

 500,000.00

Shares of stock - Sherwood Hills

not given

 150,000.00

Motor vehicle - Toyota Camry

2003

 1,610,280.00

Cash on hand and in bank

up to 2003

 250,000.00

Shares of stock - Eagle Ridge Golf Club

not given

 500,000.00

Shares of stock - Mavco Holdings

2000

 250,000.00

Shares of stock - Amvel Land Development

1994

 2,000,000.00

Shares of stock - Delta Broadcasting

1992

 3,500,000.00

 

 

Liabilities

 

Nature

Amount

Manila Shooters Protective Services

 718,773.00

Car loan - RCBC

 350,895.53

Salary loan - RCBC

 107,202.77

Credit card - Citibank Visa and Mastercard

 336,904.66

Car loan 

 1,386,599.00