Assets and Liabilities

(as of 2001)


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HORMACHUELOS, Portia

 

Total Assets (in pesos): 4345,000.00

Total Liabilities (in pesos): 2350000.00

Net Worth (in pesos): 1,995,000.00

 

Real Properties

Type

Address

Year Acquired

Mode of Acquisition

Assessed Value

Fair Market Value

Acquisition Cost

Residential property

Cebu City

1974

purchased

18,030.00

500.00

not given

House and lot

Buena Hills

not given

purchased (with DBP loan)

15.31

1,000,000.00

505,000.00

Residential lot

Inayagan, Minglanilla, Cebu

1985

purchased

4,910.00

50,000.00

1.00

Condominium unit

Las Piñas, Metro Manila

1992

purchased

not given

900,000.00

590,000.00

Residential property

Multinational Village, Parañaque, Metro Manila

1997

purchased (with mortgage)

262,092.00

912,640.00

3,000,000.00

 

 

Personal Assets

Type

Year Acquired

Acquisition Cost

Appliances, furniture and other personal assets

1967-present

250,000.00

 

 

Liabilities

Nature

Amount

Policy and salary loans - GSIS

50,000.00

Housing loan - PEA

450,000.00

Other liabilities

1,850,000.00