Subordinate Agency Financial Statement and Consolidated Tables of General Financial Statement of Taichung Municipal Government, FY2025

1. The general financial statement expresses the execution status and effectiveness of various administrative plans, and the financial statement of a fund includes the items and amounts of the subordinate agency's main financial table, detailed table and reference table. Subordinate Agency Financial Statement and Consolidated Tables of General Financial Statement of Taichung Municipal Government, FY2025 are carefully compiled after cross checking these items and amounts. Through the comparison between the budget and the financial statement, the fund's operating performance and deficiencies can be evaluated and measured, so as to formulate future annual operating policies, budgeting plans and improve the financial management; it can provide suggestions on the financial strategy of each fund, so as to improve the fund's operating efficiency.
2. In order to strengthen the assessment of budget execution and enhance financial efficiency, the subordinate agency financial statement is compiled for 23 special funds of the city in accordance with the relevant provisions of the Financial Statement Act. Subordinate Agency Financial Statement and Consolidated Tables of General Financial Statement of Taichung Municipal Government have been reviewed and compiled by the Department and submitted to the audit agency for review and approval.

(1) The reviewed and approved results of the business revenue and expense of Enterprise Funds, Operations Funds and Special Revenue Funds are as follows:

A.Enterprise Funds (two funds including Fengyuan Agriculture Production Co., Ltd., etc.), the total revenue is NT$606 million and the total expense is NT$1.043 billion; the Net Loss of NT$437 million for current period.

B.Operations Funds (11 funds including Taichung City Urban Land Consolidation Plan Fund, etc.) will have total revenue of NT$31.602 billion and total expense of NT$12.543 billion; the Surplus of NT$19.059billion for current period.

C.Special Revenue Funds (10 funds including Taichung City Local Education Development Fund, etc.), the income is NT$79.993 billion and the expenditure is NT$76.825 billion; the surplus of NT$3.168 billion for current period.

(2) The reviewed and approved results of earnings distribution and loss compensation of Enterprise Funds, Operations Funds and Special Revenue Funds are as follows:

A.Enterprise Funds:

(a) Funds with earnings in the year: The Net Profit of the period is NT$4 million and the Accumulated earnings is NT$52.3 million; the Legal Reserves from earnings is NT$0.4 million, and the Unappropriated Retained Earnings is NT$55.9 million.

(b) Funds with a loss in the year: The Net Loss for current period is NT$ 441 million and the Accumulated loss is NT$ 3.129 billion; the Loss to be Made-up is NT$ 3.57 billion.

B.Operations Funds:

(a) Fund with a Surplus for the Year: The Surplus for Current Period will be NT$19.371 billion, and the Unappropriated Surplus for Prior Periods will be NT$23.414 billion; the balance of Surplus Appropriations include: Make-up of Accumulated Deficits of NT$0.324 billion, Net Submitted to Treasury in Taichung of NT$4.92 million, and Other Legal Allocations of NT$8.738 billion. The resulting Unappropriated Surplus will be NT$33.718 billion.

(b) Fund with deficits in the year: The Deficits of Current Period will be NT$0.312billion and the Deficits to be Made-up for Prior Period will be NT$0.041 billion; NT$0.324 billion will be Coverage from surplus for Make-up of Deficits, and the Deficits to be Make-up will be NT$0.029 billion.

C.Special Revenue Funds:

The Fund Balance at the beginning of the period is NT$36.465 billion, the Surplus for current period is NT$3.168 billion, and the Fund Balance at the end of the period is NT$39.633 billion.