PEPSI-COLA PRODUCTS PHILIPPINES, INC. Balance Sheets (Amounts In Thousands of Pesos) December 31, June 30, 2012 2011 2010 2010 2009 ASSETS Current Assets 413,088 Cash and cash equivalents Accounts receivable' 489,188 359,668 305,686 643,613 1,339,240 1,260,824 1,023,879 1,075,420 987,965 Inventories? 1,153,529 997,224 1,009,367 825,467 703,963 Due from related parties 421,278 382,859 405,465 165,085 116,454 Prepayments and other current assets 134,666 113,629 72,383 48,560 71,928 Total current assets 3,537,901 3,114,204 2,816,780 2,758,145 2,293,398 Noncurrent Assets 3 Investments in associates 527,412 527,316 530,785 529,988 527,723 Bottles and cases - net 3,510,492 2,552,890 2,315,553 2,325,289 2,441,198 Property, plant and equipment, net input tax on capital goods 4,918,518 3,857,126 3,374,631 3,243,647 3,156,001 165,333 147,569 99,176 108,800 143,941 Total noncurrent assets 9,121,755 7,084,901 6,320,145 6,207,724 6,268,863 12,659,656 10,199,105 9,136,925 8,965,869 8,562,261 LIABILITIES AND EQUITY Current Liabilities Notes payable 950,000 750,000 200,000 50,000 Trade payables 2,486,512 1,954,216 1,617,412 1,468,984 1,228,174 Accrued expenses 1,057,196 730,287 969,371 866,046 805,701 Finance lease liability 65,340 17,833 Income tax payable 10,568 58,840 156,456 Nontrade payables 277,976 128,356 95,120 77,840 104,505 Total current liabilities 4,837,024 3,580,692 2,892,471 2,471,710 2,344,836 Noncurrent Liabilities Accrued retirement cost 398,866 255,341 222,550 207,790 131,830 Deferred tax liabilities - net 635,923 419,234 367,113 391,887 375,723 Total noncurrent liabilities 1,034,789 674,575 589,663 599,677 507,553 Total Liabilities 5,871,813 4,255,267 3,482,134 3,071,387 2,852,389 Equity Capital stock, P0.15 par Additional paid-in capital 554,066 554,066 554,066 554,066 554,066 1,197,369 1,197,369 1,197,369 1,197,369 1,197,369 Retained earnings 5,036,408 4,192,403 3,903,356 4,143,047 3,958,437 Total equity 6,787,843 5,943,838 5,654,791 5,894,482 5,709,872 12,659,656 10,199,105 9,136,925 8,965,869 8,562,261 *The company switched its financial reporting to calendar year in 2010.