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7/17/2019 ac521_VICTORIAS MILLING COMPANY, INC.pptx
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ICTORIAS MILLING COMPANY, INC.
AND SUBSIDIARIES
Consolidated Financial StatementsAugust 31, 2013, 2012, 2011
FINANCIAL DISCLOSURE CHECKLIST
AUTIDA, MARYJOY MAEDAWNNA
DEL VALLE, DIOSETTE KATRINA
HINDANG, JEFFREY
KONG, CHRISTIAN LULU
LIGUTOM, GAUDENCIO QUINITO
MACABAYA, JERALD OLIVER
SANTOSIDAD, KRISTIE
7/17/2019 ac521_VICTORIAS MILLING COMPANY, INC.pptx
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Company Background• Victori! Mi""i#$ Co%&#', I#c( )VMC* i!
+o%!tic cor&ortio# "oct+ i# Victori! Cit',
N$ro! Occi+#t"( Si#c it! i#cor&ortio# o#
M' -, ././, VMC 0! #$$+ i# i#t$rt+r1 #+ r2i#+ !3$r %#32ct3ri#$.
• VMC co#ti#3! to "+ "" !3$r c#tr"! 1it0
-,45.,654 L7$ ). L7$ 8 94 7$!* o2 r1 !3$r
&ro+3ctio# 10ic0 co%&ri!! 5-(54: o2
&ro+3ctio# !0r i# N$ro! Occi+#t" ;ro<i#c
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• It "!o o&rt! #$i#ri#$ !r<ic!
#+ t0 2o""o1i#$ !3=!i+iri!>o Victori! Foo+! Cor&ortio# )VFC*,
o C#to1# D<"o&%#t Cor&ortio# )CDC*
o Victori! Q3"it' ;c7$i#$ Cor&ortio# )VQ;C*,
o Victori! Go"2 #+ Co3#tr' C"3=, I#c( )VGCCI*,
o Victori! A$ric3"t3r" L#+ Cor&ortio# )VALCO*
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General Disclosures• A"" t0 #c!!r' G#r" Di!c"o!3r!
i#c"3+i#$ t0 ++itio#" +i!c"o!3r!r?3ir+ =' t0 Sc3riti! #+ E@c0#$
Co%%i!!io# 1r +i!c"o!+ i# Victori!
Mi""i#$ Co%&#'! Co#!o"i+t+ Fi##ci"Stt%#t!
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GENERAL DISCLOSURES YES NO N/A
Co%&o##t! o2 Fi##ci" Stt%#t!√
I+#ti2ictio# o2 co%&o##t!√
Di!&"' #+ r&titio# o2 i#2or%tio# i2 #c!!r'√
Di!c"o!3r i2 FS co%&"' 1it0 ;0i"( GAA;√
;r!#t =!i! 2or &r&rtio#, cco3#ti#$ &o"ici!
!"ct+, +i!c"o! i#2or%tio# #ot &r!#t+ "!10r
i# FS r?3ir+ =' SFAS #+ #c!!r' 2or 2ir
&r!#ttio#
√
Di!c"o!3r t0t FS r 2ir"' &r!#t+ <# 1it0 +&rt3r 2ro% r?3ir%#t o2 SFAS √
FS &r!#t+ i# !'!t%tic %##r √
SFAS &&"i+ 2or t0 2ir!t ti% √
FS Cro!! r2r#c√
Co%&rti<!√
Goi#$ co#cr#√
Ot0r $#r" +i!c"o!3r √
R&orti#$ co%&#i! 3#+r SRC√
Dt o2 3t0oritio# √
Fi##ci" r<i1 =' %#$%#t √
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Accounting Policies
• A! to Acco3#ti#$ ;o"ici!, "" t0
&&"ic=" i#2or%tio# 1it0 r$r+! to
Victori! Mi""i#$ Co%&#'! cco3#ti#$
&o"ici! 1! 2ir"' &r!#t+ i# t0
Co#!o"i+t+ Fi##ci" Stt%#t
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ACCOUNTING POLICIES YES NO N/A
GENERAL DISCLOSURES√
SPECIFIC POLICIES√
CHANGES IN ACCOUNTING POLICY √
IMPAIRMENT OF ASSETS √
ASSOCIATES √
JOINT VENTURES √
SUBSIDIARIES √
RELATED PARTY TRANSACTIONS √
COMMITMENTS √
CONTINGENT LIABILITIES ANDCONTINGENT ASSETS √
EVENTS AFTER THE BALANCE SHEETDATE √
DISCONTINUING OPERATIONS √
EARNINGS PER SHARE (EPS) √
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ACCOUNTING POLICIES (cont.) YES NO N/A
CONSTRUCTION CONTRACTS √
DISCONTINUING OPERATIONS √
FUNDAMENTAL ERRORS √
UNCERTAINTIES ABOUT GOINGCONCERN √
DEPARTURE FROM GENERALLYACCEPTEDACCOUNTING PRINCIPLE (GAAP)
√
CHANGE OF YEAREND √
INTERMEDIATE PARENT COMPANY !
CONSOLIDATED FINANCIALSTATEMENTSNOT PRESENTED
√
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• Victori! Mi""i#$ Co%&#', I#c( #+S3=!i+iri! +i!c"o!+ "" t0 #c!!r'+i!c"o!3r! #+ ++itio#" +i!c"o!3r! #+
!c0+3"! ! r?3ir+ =' t0 Sc3riti!#+ E@c0#$ Co%%i!!io#( A#+ t02i##ci" !tt%#t! &r&r+ r i#ccor+#c 1it0 $#r""' cc&t+
cco3#ti#$ &ri#ci&"! )GAA;* i# t0;0i"i&&i#!(
