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Filinvest Land Bond Issuance Impact

Filinvest Land issued bonds to raise funds for its expansion plans. This resulted in a 19.9% increase in total assets after issuance. Total assets continued increasing each year, reaching a 47.22% increase by the bond's 2016 due date. Revenues and net income also increased substantially over this period, allowing Filinvest Land to repay the bonds through gradual growth.

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Donita Sotolombo
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66 views9 pages

Filinvest Land Bond Issuance Impact

Filinvest Land issued bonds to raise funds for its expansion plans. This resulted in a 19.9% increase in total assets after issuance. Total assets continued increasing each year, reaching a 47.22% increase by the bond's 2016 due date. Revenues and net income also increased substantially over this period, allowing Filinvest Land to repay the bonds through gradual growth.

Uploaded by

Donita Sotolombo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

FILINVEST LAND BOND ISSUANCE

REASON:

Reason for issuing bonds


EFFECTS TO FINANCIAL STATEMENT:

2 (after issuance of the bonds) the total asset of the company has increased by 19.9% or 13.625.134

To 2011 (during issuance of the bonds) the total asset of the company
From 2010
has increased
(before the
by issuance
10.4% orof
6,4b
o 2012 (after issuance of the bonds) the total asset of the company has increased by 26.53%

To 2011 (during issuance of the bonds) the total asset of the


From
company
2010 (before
has increased
the issuance
by 23.02%
of b

Net income after the issuance has increasedNet


to 16.6%
income during the issuance
ng the issuance) until its due date of 2016, Filinvest Land has increase its asset from 68,302,130 to 129,425,232 or 47.22%
ng the issuance) until its due date of 2016, Filinvest Land has increase its revenue to 102.02%

g the issuance) until its due date of 2016, Filinvest Land has increase its Net Income to 81.89%
FILINVEST LAND was able to pay back the bonds because of its
gradual increase in its assets, revenue and net income. The
company was able to generate more than half of its net income

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