GOVERNMENT CORPORATION INFORMATION … · CORPORATE TAX IDENTIFICATION NUMBER (TIN): 000-168-575 FISCAL YEAR END: 2015 ... Carmelita Belen C. Domondon N Christabelle P. Ebriega N

GENERAL INSTRUCTIONS:1.

2.

3.

4.

5.

6.

7.

SECONDARY NAME, IF ANY .

PITC CHARTER, IF ANY.

URL ADDRESS:

COMPLETE PRINCIPAL OFFICE ADDRESS:

ONLY THE GCIS ACCOMPLISHED IN ACCORDANCE WITH THESE INSTRUCTIONS SHALL BE CONSIDERED AS HAVING BEEN FILED.

THIS GCIS MAY BE USED AS EVIDENCE AGAINST THE GOVERNMENT CORPORATION AND ITS RESPONSIBLE DIRECTORS/OFFICERS FOR

ANY VIOLATION OF EXISTING LAWS, RULES AND REGULATIONS

IF NO MEETING IS HELD, THE CORPORATION SHALL SUBMIT THE GCIS TOGETHER WITH AN AFFIDAVIT OF NON-HOLDING OF MEETING

WITHIN THIRTY (30) CALENDAR DAYS FROM THE DATE OF THE SCHEDULED ANNUAL MEETING (AS PROVIDED IN THE BY-LAWS).

HOWEVER, SHOULD AN ANNUAL STOCKHOLDERS' MEETING BE HELD THEREAFTER, A NEW GCIS SHALL BE SUBMITTED/FILED.

THIS GCIS SHALL BE ACCOMPLISHED IN ENGLISH AND CERTIFIED AND SWORN TO BY THE CORPORATE SECRETARY OF THE

GOVERNMENT CORPORATION.

THE GCG SHOULD BE TIMELY APPRISED OF RELEVANT CHANGES IN THE SUBMITTED INFORMATION AS THEY ARISE. FOR CHANGES

RESULTING FROM ACTIONS THAT AROSE BETWEEN THE ANNUAL MEETINGS, THE GOVERNMENT CORPORATION SHALL SUBMIT ONLY

THE AFFECTED PAGE OF THE GCIS THAT RELATES TO THE NEW INFORMATION TOGETHER WITH A COVER LETTER SIGNED BY THE

CORPORATE SECRETARY OF THE GOVERNMENT CORPORATION. THE PAGE OF THE GCIS AND COVER LETTER SHALL BE SUBMITTED

WITHIN SEVEN (7) DAYS AFTER SUCH CHANGE OCCURRED OR BECAME EFFECTIVE.

SUBMIT A SOFT COPY IN EXCEL FORMAT SAVED IN A NON-REWRITABLE CD THE GCIS TO THE GCG SECRETARIAT, ROOM 479 MABINI

HALL, MALACANANG COMPOUND.

CORPORATE TAX

IDENTIFICATION NUMBER

(TIN): 000-

168-575

FISCAL YEAR END: 2015

================================ INTERCOMPANY AFFILIATIONS =======================================

TELEPHONE NUMBER(S):ATTACHED AGENCY (if

applicable):

Golden Shell Pavilion, ITC Complex, Roxas Boulevard corner

Sen. Gil J. Puyat Avenue, Pasay City

PARENT COMPANY

FAX NUMBER:

892.2054

1227

ACTUAL DATE OF ANNUAL MEETING:

PRIMARY PURPOSE/ACTIVITY/INDUSTRY PRESENTLY ENGAGED IN:

CITEM

GOVERNMENT CORPORATION INFORMATION SHEET (GCIS)

FOR THE YEAR 2015

FOR GOVERNMENT CORPORATION: THIS GCIS SHOULD BE SUBMITTED WITHIN THIRTY (30) CALENDAR DAYS FROM THE DATE OF

RELEASE OF MEMORANDUM CIRCULAR NO. 3 AND SUBSEQUENTLY THEREAFTER, 30 DAYS FROM THE DATE OF THE STOCKHOLDERS'

MEETING. DO NOT LEAVE ANY ITEM BLANK. WRITE "N.A." IF THE INFORMATION REQUIRED IS NOT APPLICABLE TO THE GOVERNMENT

CORPORATION OR "NONE" IF THE INFORMATION IS NON-EXISTENT.

================================ PLEASE PRINT LEGIBLY =====================================

same as above

E-MAIL ADDRESS:

[email protected]

COMPLETE BUSINESS ADDRESS:

DATE CREATED:GOVERNMENT CORPORATION NAME:

21-Jul-73

PHILIPPINE INTERNATIONAL TRADING CORPORATION

International Trading (Exports & Imports), Bonded Warehousing, Procurement Services, Countertrade

GEOGRAPHICAL CODE:

SUBSIDIARY/AFFILIATE ADDRESS

ADDRESS

NATIONAL DEVELOPMENT COMPANYNDC Building, 116 Tordesillas Street, Salcedo Village, Makati

City

PITC PHARMA, INC.

NOTE: USE ADDITIONAL SHEET IF NECESSARY

2F NDC Building, 116 Tordesillas Street, Salcedo Village, Makati

City

P.D. 1071 (Revised Charter) as amended by E.O.s 756, 877 & 1061

NDC Building, 116 Tordesillas Street, Salcedo Village, Makati City

www.pitc.gov.ph

818.9801

NAME OF EXTERNAL AUDITOR & ITS SIGNING PARTNER:

COMMISSION ON AUDIT

DATE OF ANNUAL MEETING PER BY-LAWS:

30-Jun

GCIS (v.2012) Page 1

NUMBER OF

SHARES

3,000,000 100

TOTAL 3,000,000 TOTAL P

F I L I P I N O

NO. OF

STOCK-

HOLDERS

NUMBER OF

SHARES

NUMBER OF

SHARES IN

THE HANDS

OF THE

PUBLIC **

PAR/STATED

VALUEAMOUNT (PhP)

% OF

OWNERSHIP

TOTAL TOTAL TOTAL P

F I L I P I N ONO. OF

STOCK-

NUMBER OF

SHARESAMOUNT (PhP)

% OF

OWNERSHIP

NDC 2,985,000 100 298,500,000 99.5

DBP 15,000 100 1,500,000 0.5

TOTAL 3,000,000 TOTAL P 300,000,000.00 100.00

GOVERNMENT CORPORATION INFORMATION SHEET

==================================== PLEASE PRINT LEGIBLY ==================================

CAPITAL STRUCTURE

PAR/STATED VALUE

AUTHORIZED CAPITAL STOCK, if applicable

GOVERNMENT CORPORATION NAME:

AMOUNT (PhP)

(No. of shares X Par/Stated Value)

300,000,000.00

TYPE OF SHARES *

PAR/STATED VALUE

PAID-UP CAPITAL, if applicable

300,000,000.00


TYPE OF SHARES *

SUBSCRIBED CAPITAL, if applicable

TYPE OF SHARES *


PRESIDENTIAL

APPOINTEEBOARD

STOCK

HOLDEREX-Officio

EXEC.

COMM.

TAX IDENTIFICATION NO.

(TIN)

COMPENSATION

PACKAGE/YR (See Annex

"A")

DESIGNATION TO OTHER

BOARDS OF

AFFILIATES/SUBSIDIARIES

1.

190-504-267 N/A

2.

111-581-714 Vice Chair PITC Pharma, Inc.

3.

A/C 120-869-931 N/A Chairman, PITC Pharma, Inc.

4.

A/M 147-356-318 N/A

5.

149-612-755 N/A

6.

A/M 149-612-755 N/A

7.

118-146-006 N/A

8.

A/M 114-034-437 N/A

9.

161-717-074

10.

FOR OFFICER COLUMN, INDICATE PARTICULAR POSITION IF AN OFFICER, FROM VP UP INCLUDING THE POSITION OF THE TREASURER,

SECRETARY, COMPLIANCE OFFICER AND/OR ASSOCIATED PERSON.

FOR EXECUTIVE COMMITTEE, INDICATE "C" IF MEMBER OF THE COMPENSATION COMMITTEE; "A" FOR AUDIT COMMITTEE; "N" FOR NOMINATION

AND ELECTION COMMITTEE. ADDITIONALLY WRITE "C" AFTER SLASH IF CHAIRMAN AND "M" IF MEMBER.

FOR PRESIDENTIAL APPOINTEE COLUMN, PUT "Y" IF A PRESIDENTIAL APPOINTEE "N" IF NOT.

FOR STOCKHOLDER COLUMN, PUT "Y" IF A STOCKHOLDER, "N" IF NOT.


INSTRUCTIONS:

N/AJose Gabriel M. La Viña Y

FOR BOARD COLUMN, PUT "C" FOR CHAIRMAN, "M" FOR MEMBER, "I" FOR INDEPENDENT DIRECTOR.

M N

NEDA

Sec

Proceso V. Alcala Y M N DA Sec

Arsenio M. Balisacan Y M N

Vice

Chair,

BOIRamon J. P. Paje Y M N

Adrian S. Cristobal Jr.

Y M

M

DENR

Sec

Y M N

Chair,

DBP

N

Ma. Lourdes F. Rebueno Y

Jose A. Nuñez, Jr.

'============================================== PLEASE PRINT LEGIBLY ============================================

GOVERNMENT CORPORATION NAME: PHILIPPINE INTERNATIONAL TRADING CORPORATION

D I R E C T O R S / O F F I C E R S

DTI Sec

N

N

N

GM,NDC

NAME, NATIONALITY AND

CURRENT RESIDENTIAL ADDRESS

Gregory L. Domingo C

Maria Lourdes T. Baua Y M

Y


PRESIDENTIAL

APPOINTEEBOARD

STOCK

HOLDEREX-Officio

EXEC.

COMM.


(TIN)

COMPENSATION

PACKAGE/YR (See Annex

"B")

DESIGNATION TO OTHER

BOARDS OF

AFFILIATES/SUBSIDIARIES

1. Y

111-581-714 President & CEO, PITC

2. Y Corporate Secretary, PITC

108-735-934 Corporate Secretary, PITC

Pharma, Inc.

3. Y

108-735-845

4. Y

108-735-511

5. Y

108-735-537

6. Y

108-736-830

FOR OFFICER COLUMN, INDICATE PARTICULAR POSITION IF AN OFFICER, FROM VP UP INCLUDING THE POSITION OF THE TREASURER,

SECRETARY, COMPLIANCE OFFICER AND/OR ASSOCIATED PERSON.

FOR EXECUTIVE COMMITTEE, INDICATE "C" IF MEMBER OF THE COMPENSATION COMMITTEE; "A" FOR AUDIT COMMITTEE; "N" FOR NOMINATION

AND ELECTION COMMITTEE. ADDITIONALLY WRITE "C" AFTER SLASH IF CHAIRMAN AND "M" IF MEMBER.


'============================================== PLEASE PRINT LEGIBLY ============================================


D I R E C T O R S / O F F I C E R S



Maria Lourdes T. Baua Y Vice

Chair

Ma. Victoria C. Magcase N

Mario M. Leygo N

Carmelita Belen C. Domondon N

Christabelle P. Ebriega N

INSTRUCTIONS:

FOR BOARD COLUMN, PUT "C" FOR CHAIRMAN, "M" FOR MEMBER, "I" FOR INDEPENDENT DIRECTOR.

FOR PRESIDENTIAL APPOINTEE COLUMN, PUT "Y" IF A PRESIDENTIAL APPOINTEE "N" IF NOT.

FOR STOCKHOLDER COLUMN, PUT "Y" IF A STOCKHOLDER, "N" IF NOT.

Myra Chitella T. Alvarez N


COMPOSITION

Executive Committee Chairman: PITC President

Appointive Director Jose Gabriel M. La Viña

BOI Representative

NEDA Representative

Governance & Audit Committee Chairman: NDC Representative

DENR Representative

DA Representative



• Overseeing the periodic performance

evaluation of the Board and its

committees and Management; the

periodic evaluation of the Appointive and

Ex-Officia shall be in accordance with

the GCG Memorandum Circular No.

2014-03 (Performance Evaluation for

Directors (PED) in the GOCC Sector

dated 07 April 2014

• Overseeing, monitoring and evaluating

the adequacy and effectiveness of the

Corporation's internal control system,

engage and provide oversight of the

Corporation's internal and external

auditors and coordinate with

Commission on Audit (COA);


Members

Members

DBP Representative


BOARD COMMITTEES FUNCTION

• In accordance with the authority granted by

the Board, or during the absence of the

Board, shall act by a vote of at least two-

thirds (2/3) of its members on such specific

matters within the competence of the Board

as may from time to time be delegated to the

Executive Committee.


COMPOSITION

Risk Management Committee Chairman: DBP Representative

NEDA Representative

BOI Representative

FUNCTION

• Performing oversight risk management

functions specifically in the areas of managing

credit, market, liquidity, operational, legal,

reputational and other risks of the corporation,

and crisis management, which shall include

receiving from Management periodic

information on risk exposures and risk

management activities;

Members


• Developing the Risk Management Policy of

the Corporation, ensuring compliance with the

same and ensure that the risk management

process and compliance are embedded

throughout the operations of the Corporation;

and

• Providing quarterly reporting and updating

the Board on key risk management issues as

well as ad hoc reporting and evaluation on

investment proposals.




BOARD COMMITTEES


NATURE/ EXTENT OF INVESTMENT

PITC Pharma, Inc. Pharmaceuticals PhP22,500,000.00 (Paid-up capital)

CITEM Export Promotion PhP625,000.00 (Paid-up capital)




GOVERNMENT CORPORATION NAME:

LIST OF AFFILIATES/SUBSIDIARIES DESCRIPTION

GCIS (v.2012) Page5

TYPE NUMBERAMOUNT

(PhP)

% OF

OWNER-

SHIP

1. National Development Company common 2,985,000 298,500,000.00 99.50 298,500,000.00

Filipino

2. Development Bankof the Philippines common 15,000 1,500,000.00 0.50 1,500,000.00

Filipino

3.

4.

5.

6.

7.

TOTAL 300,000 300,000,000.00

300,000,000

300,000,000

NAME, NATIONALITY, IF APPLICABLE AND

CURRENT ADDRESS

TOTAL ASSETS BASED ON LATEST AUDITED FINANCIAL STATEMENTS:


================================ PLEASE PRINT LEGIBLY ================================


000-164-120-000

049-000-449-609

TOTAL NUMBER OF STOCKHOLDERS:

STOCKHOLDER'S INFORMATION

AMOUNT PAID

(PhP), IF

APPLICABLE


(TIN) FOR FILIPINOS

SHARES SUBSCRIBED

Note: For PDTC Nominee included in the list, please indicate further the beneficial owners owning more than 5% of any class of the company's voting securities.

Attach separate sheet, if necessary.

INSTRUCTION: SPECIFY THE TOP 20 STOCKHOLDERS AND INDICATE THE REST AS OTHERS

TOTAL AMOUNT OF SUBSCRIBED CAPITAL

TOTAL AMOUNT OF PAID-UP CAPITAL



TYPE NUMBERAMOUNT

(PhP)

% OF

OWNER-

SHIP

8.

TOTAL

9.

TOTAL

10.

TOTAL

11.

TOTAL

12.

TOTAL

13.

TOTAL

14.

TOTAL






CORPORATE NAME:

TOTAL ASSETS BASED ON LATEST AUDITED FS:


NAME, NATIONALITY, IF APPLICABLE

AND

CURRENT ADDRESS

SHARES SUBSCRIBED

AMOUNT PAID

(PhP)


(TIN)



TYPE NUMBERAMOUNT

(PhP)

% OF

OWNER-

SHIP

15.

TOTAL

16.

TOTAL

17.

TOTAL

18.

TOTAL

19.

TOTAL

20.

TOTAL

21. OTHERS (Indicate the number of the

remaining stockholders)

TOTAL



CORPORATE NAME:


AMOUNT PAID

(PhP)


(TIN)

SHARES SUBSCRIBED



TOTAL ASSETS BASED ON LATEST AUDITED FS:





1.

1.1

1.2

1.3

1.4

1.5

2.

3.

4.

5. DIVIDENDS DECLARED DURING THE IMMEDIATELY PRECEDING YEAR:

5.1 CASH

5.2 STOCK

5.3 PROPERTY

6.

INVESTMENT OF CORPORATE

FUNDS IN ANOTHER CORPORATION


ADDITIONAL SHARES ISSUED DURING THE PERIOD:


PLEASE PRINT LEGIBLY


OTHERS

STOCKS

TYPE OF

LICENSE/REGN.

DATE ISSUED:

DATE STARTED

OPERATIONS:

TOTAL ANNUAL COMPENSATION OF

DIRECTORS DURING THE PRECEDING

FISCAL YEAR (in PhP) P60,000.00

TOTAL MANPOWER

COMPLEMENT

TOTAL NO. OF OFFICERS TOTAL NO. OF RANK &

FILE EMPLOYEES

INVESTMENT OF CORPORATE FUNDS IN ACTIVITIES UNDER ITS

SECONDARY PURPOSES (PLEASE SPECIFY:)

DATE NO. OF SHARES AMOUNT

DATE OF BOARD

RESOLUTION

DATE OF

STOCKHOLDERS

RATIFICATION

Investment in Subsidiaries-PITC Pharma, Inc. P22,500,000

BONDS/COMMERCIAL PAPER (Issued

by Private Corporations, IF

APPLICABLE )

LOANS/ CREDITS/ ADVANCES

GOVERNMENT TREASURY BILLS

AMOUNT (PhP) DATE DECLARED

TOTAL

TREASURY SHARES

TYPE OF DIVIDEND

NO. OF SHARES

% AS TO THE TOTAL

NO. OF SHARES

ISSUED

225,000 60%

UNRESTRICTED/UNAPPROPRIATED RETAINED EARNINGS AS OF END OF LAST FISCAL YEAR

156,740.00

P

July 06, 2015

SECONDARY LICENSE/REGISTRATION WITH SEC AND/OR OTHER GOV'T AGENCY:

NAME OF AGENCY: I CSEC B S P

AMOUNT (PhP) DATE OF BOARD RESOLUTION

689,300.00


SCHEDULE OF CAPITAL EXPENDITURE

PARTICULARS SECTOR

Loan Grant Project Tax Bank loans

Other Source Total Local Compoonent Total Cost Status

Dot MatrixPrinter 18,417

Laptop Computer 336,857

Desktop Computer 39,393

Projector 34,384

LEV TV 21,448

Camcorder 11,502

Lateral Steel Filing

Cabinet 10,268

Totota Innova 1,732,857

2,205,126

NO SUPPORT SUBSIDYFOREIGN COMPONENT





For the year : _2015_____________

Amount

INCOME

Business and Service Income 62,008,153

Gains and Premiums

Others 53,094,702

Total Income 115,102,855

Less: Share of National Government

Income After Share of National Government 115,102,855

EXPENSES

Business Expenses 47,117,862

Personal Services 25,920,607

Maintenance and Other Operating Expenses 12,983,181

Financial Expenses 21,309

Others 6,763,449

Total Expenses 92,806,408

Net Income (Loss) Before Subsidy 22,296,447

Subsidy Income

Net Income (Loss) Before Tax 22,296,447

Income Tax Expense/Benefit from Deferred Income Tax (87,258)

Net Income (Loss) After Tax 22,209,189

INCOME STATEMENT





CASH FLOW STATEMENT

For the year : _2015_____________

CASH FLOW FROM OPERATING ACTIVITIES Amount

Cash Inflows 3,121,544,635

Cash Outflows (1,544,604,196)

Net Cash Provided By (Used in) Operating Actitives 1,576,940,439

CASH FLOWS FROM INVESTING ACTIVITIES

Cash Inflows

Cash Outflows (29,301)

Net Cash Provided By (Used In) Investing Activities (29,301)

CASH FLOWS FROM FINANCING ACTIVITIES

Cash Inflows

Cash Outflows

Net Cash Provided By (Used In) Financing Activities

Net Increase (Decrease) in Cash and Cash Equivalents 1,576,911,138

Effects of Exchange Rate Changes on Cash and Cash Equivalents

Cash and Cash Equivalents, Beginning of Period 3,393,945,295





============================== PLEASE PRINT LEGIBLY ==================================


For the year: 2015

CASH AND INVESTMENT BALANCE REPORT

AMOUNT

TERM (No.

of Days) RATE (Per Annum)

1,430,645 Issue Maturity

834,977,144

(Treasury Bills) with Bangko Sentral (Identify those

under trust agreements)

V. Special Series Placements

with BTr (Identify those under

trust agreements

4,134,448,644

II. Cash in Banks

VII. Others (TIME DEPOSITS)

VI. Investments in Other Securities


DATE

III. Net Depositswith BTr

I. Cash on Hand

IV. Special Series


ASSETS Amount

Cash & Cash Equivalents 4,970,856,433

Short-Term Investments

Receivables (net) 15,098,370

Inventories (Net) 19,304

Prepayments and Deferred Charges

Gross International Reserves

Others 4,269,754

Total Current Assets 4,990,243,861

1,695,851

3,919,222

64,791,299

80,977,052

Total Non-Current Assets 151,383,424

TOTAL ASSETS 5,141,627,285

LIABILITIES

Trade and Non-Trade Payables 5,619,558

Current Portion of Long-term Debt

Deposit Liabilities 4,802,911,350

Currency in Circulation

Securities sold under agreements to repurchase

Current Liabilities of Water Districts

Others 120,272,167

Total Current Liabilities 4,928,803,075

10,862,749

Non-Current Liabilities of Water Districts

Total Non-Current Liabilities 10,862,749

TOTAL LIABILITIES 4,939,665,824

300,000,000

Restricted Capital

(98,038,539)

TOTAL EQUITY 201,961,461

TOTAL LIABILITIES AND EQUITY 5,141,627,285

Non-Current Assets

Accrued Retirement Benefits

Loans and Advances Payable

Notes Payable

Mortgage Payable

Investment Property

Property, Plan & Equipment (net)

Long-term Investments (net)

Long -term Receivables (net)

Capital Stock

Government Equity

Retained Earnings

Others

Current Liabilities

Non-Current Liabilities

Deferred Credits

Others

Deposit Payables

Bills Payable


Current Assets



BALANCE SHEET (For the year: 2015 )

EQUITY

LIABILITIES AND EQUITY

Others

Intrangible Assets

Bonds Payable


Amount

3,009,251,070

50,852,100

3,304,451

Collection of receivables -- clients, employees, others

44,243,200

13,893,813

(1,544,604,196)

1,576,940,439

Total:

TOTAL:

Reinsurance claims -- ECI

Reinsurance premium -- Trust liabilities

Sale of transportation of equipment

Sale of unserviceable equipment

Add: (other Receipts)

Miscellaneous deposit

Misc inc-- service charge

Payable to clients/employees/govet agencies

Payable to clients/employees/ others

Redemption of agrarian reform bonds

Gain on sale of Investment

Interest and penalties

interest on investments and deposits

Lease income (office space)

Lease income from acquired assets

Lease payment receivable -- car plan

Collection of pari-passu payables

Collection of receivables -- clients

Collection of receivables -- employees/others

Collection of Sales Contract Receivable

Dividend Income

Foreign Exchange gains

Accounts receivable - national government

Clients deposit

Collection from advances on insured receivables

Collection of loans receivables




NET OPERATING INCOME

Schedule 1A


For the year : 2015

Net Operating Income 22,230,498

Sale of Acquired Assets

Collection of Advances on Guaranteed Loans

Advances on Guaranteed Loans

Capital Expenditures (29,301)

Dividend Payments

CASH SURPLUS/DEFICIT 22,201,197

Operating Receipts

Sale of goods/services 62,008,153

Income from commitment and gtee fee

Filing, processing & amendment fees

Interest Income -- Direct lending

Insurance Premium

Fund Arrangement Fees

Add: (Other receipts) 3,427,695

TOTAL: 65,435,848

Current Subsidies:

Other receipts: (Schedule 1A) 1,576,940,439

Total Receipts:

Less:

Interest and Financial Charges (21,309)

Final Withholding Tax

Prior period expenses

Other current expenditures

Total: 1,642,354,978

CHART OF ACCOUNTS





COMPENSATION FOR DIRECTORS

January to December 2015

GOCC Class per EO 24: Class D

Per Diem for Board Meetings: PhP10,000.00 per meeting

Name of Director BOD Meetings

Attended

Total BOD Per

DiemsCommittee Membership

Total

Committee

Per Diems

Reimbursements PBI Total

Maria Lourdes T. Baua Three (3) 30,000.00 Executive Committee None None None 30,000.00

Jose Gabriel M. La Viña Three (3) 30,000.00 Executive Committee None None None 30,000.00

Total 60,000.00 60,000.00

REIMBURSEMENT EXPENSES (if applicable)

Name of Director

N/A

COMPENSATION FROM INVESTEE COMPANIES (if applicable)

Name of Director Investee Company Breakdown Breakdown

N/A

Posted at website: 04 March 16

PITC

Typewritten text

Annex "A"

Annex "B"

COMPENSATION FOR OFFICERS

As of December 31, 2015

No of

Officers

Position/TitleSalary

GradeMin (Step 1) Max (Step 8) Min Max Min Max Min Max

Min Max

President SG 30 947,352.00 1,022,760.00 0 465,730.00 947,352.00 1,488,490.00 1 947,352.00 1,488,490.00

Vice President (Plantilla Holder) SG 27 752,040.00 811,896.00 0 386,396.00 752,040.00 1,198,292.00 4 3,008,160.00 4,793,168.00

Department Manager III (OIC - Vice President) SG 26 696,336.00 751,752.00 0 342,136.00 696,336.00 1,093,888.00 1 696,336.00 1,093,888.00

Department Manager III (Plantilla Holder) SG 26 696,336.00 751,752.00 0 343,735.00 696,336.00 1,095,487.00 4 2,785,344.00 4,381,948.00

Division Chief III (OIC - Department Manager) SG 24 597,000.00 644,508.00 0 335,998.00 597,000.00 980,506.00 5 2,985,000.00 4,902,530.00

Chief Shipping Operations Specialist (OIC - Department Manager) SG 24 597,000.00 644,508.00 0 328,674.00 597,000.00 973,182.00 1 597,000.00 973,182.00

Division Chief II (OIC - Department Manager) SG 23 552,768.00 596,772.00 0 325,888.00 552,768.00 922,660.00 1 552,768.00 922,660.00

Cashier IV (OIC - Department Manager) SG 22 511,824.00 552,564.00 0 311,730.00 511,824.00 864,294.00 1 511,824.00 864,294.00

LIST OF BENEFITS

Name of Benefit

Representation and Transportation Allowance (RATA) Officers & employees who are NBC No. 548 dated 15 May 2013

President holding regular plantilla positions

Vice President from the rank of Division Chief

Department Manager & Up and positions of equivalent

Division Chief or equivalent position rank. Also covered are

employees designated as OICs

to these positions.

Personnel Economic Relief Allowance (PERA) All Officers & employees Budget Circular 2009-3 dated 18 August 2009

Rice Allowance Employees hired before Supreme Court Decision in "Irene V. Cruz vs COA" GR No. 119385 dated 23 October 2001

15 March 1999 and OGCC Opinion No. 062 dated 09 April 2002

Group Life/Hospitalization/Insurance Allowance All officers & employees CSC-MC No. 17, s. 1989 & CSC Letter to PITC dated 18 July 1994

Medical/Dental/Optical Allowance All officers & employees CSC-MC No. 17, s. 1989 & CSC Letter to PITC dated 18 July 1994

Uniform Allowance All officers & employees GAA 2013

13th Month Pay & Cash Gift All officers & employees DBM Circular No. 2010-1 dated 28 April 2010

Additional Insurance Allowance CSC-MC No. 17, s. 1989 & CSC Letter to PITC dated 18 July 1994

President Plantilla holder of Department

Vice President Manager position & Up

Department Manager

Anniversary Bonus Employees who rendered at A.O. 263 dated 28 March 1996

least one (1) year service in

PITC as of date of milestone year

Performance Enhancement Incentive FY 2014 All qualified officers & employees E.O.181 & Letter from GCG dated 03 June 2015

Loyalty Award Employees who rendered at least CSC-MC No.6, s. 2002

10 years of service ten (10) yrs. of continuous and

Every five (5) years thereafter satisfactory service in gov't.

Note: Travel Allowance/expenses are in accordance with E.O. 248 dated 29 May 1995, as amended by E.O. Nos. 248-A dated 14 August 1995 and 298 dated 23 March 2004.

Annual Basic Salary [1

Annual Benefits

TCF PBB Position TCF(see table below)

N/A

Amount per Officer

(per ANNUM)Coverage Legal Basis

264,000.00

204,000.00

180,000.00

120,000.00

24,000.00

6,480.00

1,500.00

1,600.00

3,000.00

1 month basic salary

10,000.00

5,000.00

5,000.00

1 month salary &

5,000.00

5,000.00

3,500.00

2,500.00

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GOVERNMENT CORPORATION INFORMATION … · CORPORATE TAX IDENTIFICATION NUMBER (TIN): 000-168-575 FISCAL YEAR END: 2015 ... Carmelita Belen C. Domondon N Christabelle P. Ebriega N