43.3 d cob2016

1. NORTH LUZON RAILWAYS CORPORATION
CORPORATE OPERATING BUDGET
BUDGET YEAR 2016
(In PhP)
Funding Sources
2016 National Government
BUDGET
TnT 11 TGeneral Fund ~ .~ Advances DOTC
Support
I. CAPITAL EXPENDITURES
A. NSCR Project F 99,529,476 99,529,476 99,529,476
B. Debt Servicing 1,031,256,128 1,031,256,128 1,031,256,128
-
TOTAL CAPITAL EXPENDITURES BUDGET F 1,130,785,604 - - 1,031,256,128 99,529,476 1,130,785~604
II. OPERATING EXPENSES
A. Personal Services F 41,855,307 41,855,307 41,855,307
B. Maintenance and Other Operating Expenses 26,211,552 26,211,552 26,211,552
C. Capital Outlay 1,212,906 1,212,906 1;212,906
TOTAL OPERATING EXPENSES F 69,279,766 69,279,766 - - - 69,279,766
III. OTHER EXPENSES
A. Arbitration F 74,955,785 74,955,785 74,955,785
B. Litigation Case 2,716,305 2,716,305 2,716,305
TOTAL OTHER EXPENSES F 77,672,090 2,716,305 74,955,785 - - 77,672,090
GRAND TOTAL F 1,277,737,459 71,996,071 74,955,785 1,031,256,128 99,529,476 1,277,737,459

2. CAPIT AL EXPENDITURE PROJECTS
Budget Year 2016
(In PhP)
Total
Funding Corporate NSCR Proposed
Description Source 2016
NSCR Project
a.) Contract of Sevice DOTCjNG -
b.) MOOE DOTCjNG 53,569,253 53,569,253
c.) Capital Outlay DOTCjNG 6,024,000 6,024,000
d.) ROWA DOTCjNG - 21,339,399 21,339,399
e.) NFA Rental DOTCjNG - 5,881,098 5,881,098
f.) Security Services DOTCjNG - 12,715,726 12,715,726
- 99,529,476 99,529,476
•
Debt Servicing
Barclays Bank NG 636,923,077 - 636,923,077
DOF Guarantee NG 17,798,462 - 17,798,462
BTr Interest > -
Bardays Loan NG 56,890,236 - 56,890,236
NGAdvances NG 319,644,353 - 319,644,353
Sub-Total 1,031,256,128 - 1,031,256,128
GRAND TOTAL 1,031,256,128 99,529,476 1,130,785,604
Corporation: NORTH LUZON RAILWAYS CORPORA nON
2

3. North Luzon Railways Corporation
Debt Servicing
For the Budget Year 2016
Interest 2016
PARTICULARS
Rate
2016
Mar I Sep I Dee Proposed
Due to National Treasury
Drawdown
Interest Expense - BTr 1.540% 308,959,628.47 308,959,628.47
-
Sub-total - I - I 308,959,628.47 308,959,628.47
US$90M 8arclays Loan
Drawdown
Principal 318,461,538.32 318,461,538.32 636,923,076.64
Interest Expense - Local 4.20% 31,452,074.50 25,438,161.46 56,890,235.96
Guarantee Fees - DOF 1.0% 9,660,000.00 8,138,461.68 17,798,461.68
Interest Expense - BTr 1.540% 5,388,669.64 5,296,055.38 10,684,725.01
- -
Debt Servicinq 364,962,282.46 I 357,334,216.84 I - 722,296,499.29
Grand Total 1,031,256,127.76
3

4. North Luzon Railways Corporation
SALARIES, WAGES & ALLOWANCES
BUDGET YEAR 2016
(In PhP)
VI REGULAR COMPENSATIONCI>
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and Allowances and Allowances
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OFFICE OF THE CORPORATE SECRETARY
Total this Office 1 37,820.10 453,841.20 157,578.84 611,420.04
INTERNAL AUDIT
Total this Office 2 108,562.50 1,302,750.00 318,544.42 1,621,294.42
OFFICE OF THE PRESIDENT
,
Total this Office 2 225,766.30 2,709,195.60 921,862.34 3,631,057.94
FINANCE MANAGEMENT DIVISION
Total this Division 7 288,593.64 3,463,123.65 1,377,644.36 4,840,768.01
LEGAL DIVISION
Total this Division 5 221,761.63 2,661,139.50 902,971.40 3,564,110.90
OFFICE OF THE VICE PRESIDENT
Total this Office 0 - - - -
PROJECT MANAGEMENT DIVISION
Total this Division 9 514,067.07 6,168,804.84 2,383,979.89 8,552,784.73
TECHNICAL MANAGEMENT DIVISION
Total this Division 6 344,154.40 4,129,852.80 1,636,867.11 5,766,719.91
ADMINISTRATIVE SERVICES DIVISION
Total this Division 24 761,754.54 9,141,054.45 4,126,096.83 13,267,151.28
GRAND TOTAL 56 2,502,480.17 30,029,762.04 11,825,545.19 . 41,855,307.23
Notes:
1.) 13th Month Pay (1 month basic pay)
2.) P5,000 Cash Gift
3.) Amelioration Pay (1 month basic pay)
4.) P5,000 Productivity Enhancement Incentive
5.) Performance Based Bonus (Based on GCG MC# 2015-05)
6.) P5,000 Uniform Allowance
7.) Magna Carta of Women (RA 9710)
8.) Leave Credits
9.) Rice allowance for all employees 4

5. North Luzon Railways Corporation
• MAINTENANCE AND OTHER OPERATING EXPENSES
For the Year 2016
(In PhP)
PARTICULARS
Corporate NSCR Total Utilization
2016 2016 2016 2015
Travelling Expenses:
Foreign Travel 350,000 4,224,650 4,574,650 131,366
Local travel 242,800 242,800 120,000 Allowable per diem with approved travel orders outside 50 km radius from the main office
Communication Services: 625,800 290,000 915,800 558,203 Based on the Proposed APP for 2016
Supplies & Materials: 1,755,532 1,938,084 3,693,616 973,672 Based on the Proposed APP for 2016
Repairs & Maintenance: 541,128 1,785,000 2,326,128 869,576 Based on the Proposed APP for 2016
Auditing Services: 165,644 165,644 283,847 Based on previous year billing plus 20% contingency
Training & Seminar Expenses: - - -
ITr"ininn- Ii. C:pmin"r ".<,," nQ? ,,,n nnn "ana nnn n,~ •• n r-s . .-' +h ,nn <•. nn'~
GAD Program" - - -
Extraordinary & Misc. Expenses: -
"-
- -
Meals/Representation Expenses 506,000 506,000 149,171 P5,OOO for OP & OVP. P2,OOO allocation per month per Division & GAD activities
Corporate Gatherings" 1,396,552 1,396,552 147,031 Includes allocation for Anniversary and Christmas Party & Gad activities and programs
General Assembly" 24,000 24,000 10,662 Includes expenses for monthly Mass
Library Books - - -
Taxes Duties & Fees: 633,600 633,600 530,118 To cover business registration/permits & rpt plus 10% contingency
Business devt & Promotional expo - - -
Subscriptions" 16,500 16,500 13,888 Based on the Proposed APP for 2016
Advertising & Publication Exp:" 40,000 40,000 17,136 Based on the Proposed APP for 2016
Water, Illumination & Power" 936,000 1,800,000 2,736,000 865,997 Based on the Proposed APP for 2016
Gasoline, Oil & Lubricant" 1,329,318 4,811,000 6,140,318 1,159,785 Based on the Proposed APP for 2016
Rent:" - - -
EquipmenVMachine - - -
Office Space 2,201,20.0 4,800,000 7,001,200 1,851,642 Based on the Proposed APP for 2016
Fidelity Bonds & Ins. Premiums: - - -
Fidelity Bond Premium 480,150 480,150 286,500 Based on current rates of BTr plus 10% contingency
Vehicle/PPE Insurance" 153,152 153,152 114,345 Insurance for 2015 plus 10% contingency
Other Services: - - -
Contract of Service - 33,511,319 33,511,319
Technical Consultancy Services 66,000 66,000 -
Car Registration" 113,300 113,300 63,454
Security" 2,680,225 - 2,680,225 1,860,271 Security Deploy in MWSS Office plus 20% contingency
Honorarium-BAC Members 101,200 101,200 32,000 Based on maximum allowed by DBM
Apprearance Fee 60,000 60,000 - Based on maximum allowed by DBM, includes legal fees of Atty. Lascano of OGCC for CY 2015-2016
Toll Fees 419,360 259,200 678.560 Based on the proposed activities
Agency Fee 400,000 400,000
889,082
Custody Fee for ROP Investments 108,000 108,000
Bank Charges 12,000 12,000
Board Expenses: - - -
Honorarium-Directors 2,114,000 2,114,000 250,000
Board/Committee Meeting 264,000 264,000 87,000 Meals for 2 BOD Meetings and 2 Committee Meetings per month
Communication Expenses 120,000 120,000 61,000 P1,OOO per board per month
Representation Expenses 1,200,000 1,200,000 56,225 P10,OOO per board per month
Gasoline, Oil & Lubricant" 1,200,000 1,200,000 P10,OOO per board per month
Trainlnq & Seminar 500,000 500,000 14,300 P50,OOO per directors
TOTAL 26,211,552 53,569,253 79,780,805 12,241,687
" Corporate Wide Expense
5

6. co
ANNUAL EQUIPMENT PROCUREMENT PROGRAM
BUDGET YEAR 2016
Corporation: NORTH LUZON RAILIJbAYS CORPORATION
Corporate NSCR Total
Unit Proposed Proposed Proposed
EQUIPMENT ITEM DESCRIPTION QTY Cost for 2016 for 2016 for 2016
IT Equipment Printer 1 15,000 15,000 15;000
EXTERNAL I-ARD DRIVE, 3.0 (HB) 6 3,500 21,000 21,000
Video Card Ubgrade 40 5,000 200,000 200,000
Memory Upgr ~de 40 4,000 160,000 160,000
ATX Power S upply 10 3,000 30,000 30,000
UPS, 650 VA 13 5,000 65,000 65,000
Creation of S X Disaggregated Data 1 74,800 74,800 74,800
Creation of G d Homepage 1 50,206 50,206 50,206
Other Capital Outlay - IT Equipment 1 49,100 49,100 49,100
Laptop with CS and Office 10 90,000 900,000 900,000
Desktop with PS and Office 46 60,000 2,760,000 2,760,000
Fax Machine 3 10,000 30,000 30,000
Photocopier t 3 capable with network
capability 2 250,000 500,000 500,000
Color (A3) Deskjet Printer with Network
Capability 8 25,000 200,000 200,000
BIW Laserjet Printer with network Capability 10 20,000 200,000 200,000
Projector 2 45,000 90,000 90,000
Camera DSL 8 20,000 160,000 160,000
Sound System 1 20,000 20,000 20,000
Digital Voice Recorder 4 8,000 32,000 32,000
Microwave 3 6,000 18,000 18,000
Oven Toaster 2 3,000 6,000 6,000
Coffee Maker 2 1,500 3,000 3,000
AUTO CAD 1 250,000 250,000 250,000
STAAD 1 250,000 250,000 250,000
PRIMAVERA 1 275,000 275,000 275,000
Office Equipment,
Furniture and Fixture Photocopying Machine 1 400,000 400,000 400,000
Open Rack (r(Iobile Shelves) 36 6,000 36,000 180,000 216,000
Jump-start C, ble 5 600 3,000 3,000
Flat Shelf BOI k Truck 1 10,000 10,000 10,000
ELECTRIC Fp.N,with stand 1 1,500 1,500 1,500
INDUSTRIAL FAN, 18" metal blade 1 2,000 2,000 2,000
Coffee Maker 1 3,500 3,500 3,500
Air Pot 1 2,000 2,000 2,000
Installation of Diaper Changing Station for
Male & Fema e Restrooms 2 22,000 44,000 44,000
Other Capital Outlay - FFE 1 45,800 45,800 45,800
10 15,000 150,000 150,000
CAPITAL OUTLAY FOR 2016 1,212,906 6,024,000 7,236,906
.
s

7. OTHER EXPENSES
Budget Year 2016
(In PhP)
Corporation: NORTH LUZON RAILWAYS CORPORATION
Description
Funding
Source
Total
Proposed
2016
Arbitration
Arbitration with SINOMACH NG 74,955,785
Sub-Total 74,955,785
Litigation Case
BUHAI Project
Joratech Corp, FF Cruz & Hi-Bilt
General Fund
General Fund
1,216,305
1,500,000
Sub-Total 2,716,305
GRAND TOTAL 77,672,090
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