Assets and Liabilities

(as of 2000)


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  PERSONAL INFORMATION | BUSINESS INTERESTS | RELATIVES IN GOVERNMENT

 

HERRERA, Ernesto Falar

 

Total Assets (in pesos): 10,051,409.00

Total Liabilities (in pesos): 3,256,099.00

Net Worth (in pesos): 6,795,310.00

 

Real Properties

Type

Address

Year Acquired

Mode of Acquisition

Assessed Value

Fair Market Value

Acquisition Cost

Residential and agricultural land

Pardo, Cebu

1978

purchased (installment)

224,000.00

not given

1,200,000.00

Agricultural land

Busay

1994

purchased

300,000.00

not given

not given

Agricultural land

Bohol

1994

purchased

33,400.00

not given

not given

Agricultural land

Bohol

1996

purchased

450,000.00

not given

not given

Agricultural land/residential lot

Pardo

1999

purchased

1,726,500.00

not given

not given

 

 

Personal Assets

Type

Year Acquired

Acquisition Cost

Motor vehicle - Pajero

1999

1,397,000.00

Motor vehicle - Nissan

1999

1,100,000.00

Books, furniture, appliances, jewelry, and cash in bank

various years

3,620,509.00

 

 

Liabilities

Nature

Amount

Car financing

235,954.00

Loan

3,020,145.00