Net Financial Contracting Capacity (nfcc) Form.docx

Net Financial Contracting Capacity (NFCC) Form a. Summary of the Bidder-Supplier’s/Distributor’s/Manufacturer’s assets and liabilities on the basis of the attached audited financial statements, stamped “RECEIVED” by the Bureau of Internal Revenue (BIR) or its duly accredited and authorized institutions, for the preceding calendar/tax year which should not be earlier than two (2) years from the date of bid submission. 1. 2. 3. 4. 5. 6.

Total Assets Current Assets Total Liabilities Current Liabilities Net Worth (1-3) Net Working Capital (2-4)

Year 2017 10,080,355.00 8,429,293.00 20,386.00 20,386.00 10,059,969.00 8,438,907.00

b. The Net Financial Contracting Capacity (NFCC) based on the above data is computed as follows: NFCC = [(8,459,293.00-20,386.00)[15]-[11,973,269.69]= 114,610,335.31 The values of the domestic bidder’s current assets and current liabilities shall be based on the latest Audited Financial Statements (AFS) submitted to the BIR. NFCC = ONE HUNDRED FORTEEN MILLION SIX HUNDRED TEN THOUSAND THREE HUNDRED THIRTY FIVE PESOS AND 31/100 ONLY (PHP 114,610,335.31)