Assets and Liabilities

(based on 2002 SAL)


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  PERSONAL INFORMATION | BUSINESS INTERESTS | RELATIVES IN GOV’T

 

HOFER, George

 

Total Assets (in pesos): 79,647,149.00

Total Liabilities (in pesos): 5,021,000.00

Net Worth (in pesos): 74,626,149.00

 

Real Properties

Type

Address

Year Acquired

Mode of Acquisition

Assessed Value

Fair Market Value

Acquisition Cost

Industrial lot (conjugal)

Consolacion, Cebu City

1980

purchased

1,213,766.00

32,324,000.00

13,439,634.00

Residential lot (conjugal)

Cebu City

1976-1985

purchased

1,000,000.00

5,000,000.00

13,606,749.00

Unclasssified property (conjugal)

Mindanao

1976-1985

purchased

1,000,000.00

not given

not given

Building (conjugal)

Cebu City

1973-1987

purchased

20,000.00

30,000.00

3,500,000.00

Building (conjugal)

Manila

1991

purchased

2,000,000.00

1,000,000.00

3,000,000.00

Building (conjugal)

Iligan

1985

purchased

500,000.00

700.00

750,000.00

 

 

Personal Assets

Type

Year Acquired

Acquisition Cost

Heavy equipment

1973-2001

11,867,700.00

Shares of stock

1973-2001

7,350,000.00

Appliances

1973-2001

1,800,000.00

Furniture and fixtures

1973-2001

3,100,000.00

Cash in bank, jewelry and books

not given

2,800,000.00

Service vehicles (unspecified)

1973-2001

12,000,000.00

 

 

Liabilities

Nature

Amount

Personal loan - Land Bank

5,000,000.00

Other loans

21,000.00