Financial Report
CY 2002 Targeted and Actual Collections
The Commission exceeded its collection target by 48.04%. Php 961,700,000 was targeted to be collected during the year but by the end period, Php 1,423,730473 was collected. The bulk of collections was made at the Central Office which exceeded targets by 46.36%.
Collections for CY 2002 as compared with that of CY 2001 made a total increase of 14.29%, however, the over-all picture showed almost all Regional Offices suffered decreases.
Target Collections |
Actual Collections |
% Increase |
961,700,000 |
1,423,730,473 |
48.04% |
2001 Collections |
2002 Collections |
% Increase |
1,245,688,099 |
1,423,730,473 |
14.29% |
CO/RO |
Target |
Collection |
% Inc./Dec. |
2001 |
2002 |
% Inc./Dec. |
Central Office |
921,054,905 |
1,348,023,113 |
46.36% |
936,578,625 |
1,348,023,113 |
43,93% |
Regional Office |
40,645,095 |
75,707,360 |
86.26% |
309,109,474 |
75,707,360 |
-75.51% |
The Commission’s collections of Supervision Fees remain the highest generated income at 68.17% of the total collections. Our collection of Miscellaneous Receipts which include the Spectrum Users’ Fee and Permit Fees comes second at 24.21%.
Particulars |
Actual Income |
Lincense Fess |
92,765.810.33 |
Supervision Fees |
970,522,215.20 |
Misc. Receipts (SUF & Permit Fees) |
344,703,337.19 |
Fines & Penalties |
10,177,597.59 |
Fines & Penalties (Supervision Fees) |
5,389,339.60 |
Service Income |
172,173.53 |
TOTAL |
1,423,730,473.44 |
The Commission received Php 89,793,000 for personal services. Maintenance and Other Operating Expenses was Php 47,226,000. Equipment Outlay received was Php 2,500,000 and Php 100,000 for IT facilities. Total allocations for the period amounted to Php 137,019,000.
EXPENSE ITEM |
Allotment |
| Personal Services | 89,793,000 |
| Maintenance &Other Operating Expenses |
47,226,000 |
| Equipment Qutlay | 2,500,000 |
| IT Facilities | 100,000 |
Total |
139,619,000 |
The ratio of Collection to Expenditure is 10:39. This is a high ratio considering that the Commission is primarily a service delivery entity. An allocation for Capital Outlay is a pittance compared to the facilities needed to be procured. Maintenance and Other Operating Expense Allocation also focuses the need to expand allotments for this expenditure. Personal Services which from bulk of the expenditure does not necessarily picture good personnel to collection ratio.