In compliance with Sec 43 of GCG MC 2012-07
Responsibilities of the Board | |||||||
Board Composition |
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a. | Ex-Officio | ||||||
Ramon M. Lopez | : | Chairman | |||||
Secretary – Department of Trade & Industry | |||||||
Members | |||||||
Ma. Lourdes F. Rebueno | : | General Manager – National Development Company | |||||
Alberto G. Romulo | : | Chair – Development Bank of the Philippines | |||||
Ceferino S. Rodolfo | : | Undersecretary – Board of Investments, DTI | |||||
Roy A. Cimatu | : | Secretary – Dept of Environment and Natural Resources | |||||
Karl Kendrick T. Chua |
: | Secretary – National Economic Development Authority | |||||
William D. Dar |
: | Secretary – Department of Agriculture | |||||
b. | Appointive (please provide location of information on position in other GOCCs and PLCs) | ||||||
Dave M. Almarinez | : | Vice Chair | |||||
President and CEO – PITC | |||||||
Luis E. Gimenez | |||||||
Robert Sy Tan | |||||||
Approved schedules of board meetings (please include when the schedule was approved | |||||||
Role of the board in corporate strategy | |||||||
How does the board overseas the implementation of the corporate strategy | |||||||
When did the board review the corporate strategy? | |||||||
Code of Ethics | |||||||
Board Committees’ Accomplishment Report | |||||||
Access to information (board materials) | |||||||
Internal Control (including Internal Audit) | |||||||
Risk Management System | |||||||
Board Appraisal System | |||||||
a. | Criteria | ||||||
b. | Procedure | ||||||
Corporate Secretary | |||||||
Disclosure and Transparency (at least 2013 – present disclosures) | |||||||
Certificate – Payment of Statutory Obligation | |||||||
a. | Pag-ibig | ||||||
b. | PhilHealth | ||||||
c. | GSIS | ||||||
Declaration and Payment of Dividends | |||||||
a. | 2019 | ||||||
b. | 2018 | ||||||
c. | 2017 | ||||||
d. | 2016 | ||||||
e. | 2015 | ||||||
f. | 2014 | ||||||
Action Plan on COA AOM | |||||||
a. | 2019 | ||||||
b. | 2018 | ||||||
c. | 2017 | ||||||
d. | 2016 | ||||||
e. | 2015 | ||||||
f. | 2014 | ||||||
2020 PITC Tax Clearance | |||||||
2019 PITC Tax Clearance | |||||||
2018 PITC Tax Clearance | |||||||
2017 PITC Tax Clearance | |||||||
Report on Ageing of Cash Advance as of June 2017 | |||||||
Report on Ageing of Cash Advance as of 15 November 2018 | |||||||
PITC PhilGEPS Platinum Certificate |
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I. | Institutional Matters | ||||||
a. | PITC Charter | ||||||
P.D. 1071 – Sections 1-18 | |||||||
P.D. 1071 – Sections 19-32 | |||||||
P.D. 1071 – By Laws | |||||||
E.O. 756 | |||||||
E.O. 877 | |||||||
E.O. 1067 | |||||||
Relevant Excerpt from EO No. 133 | |||||||
Consolidated File of PITC Charter | |||||||
b. | Latest General Information Sheet and brief company background including date of incorporation, history and functions and mandate – NOT APPLICABLE | ||||||
c. | List of Subsidiaries and Affiliates | ||||||
c.1 | Philippine Pharma Procurement Inc. (PPPI) | ||||||
c.2 | Center for International Trade Expositions and Missions (CITEM) | ||||||
d. | Government Corporate Information Sheet (GCIS) as mandated by the GCG in its Memorandum Circular No. 2012-01 | ||||||
2019 | |||||||
2018 | |||||||
2017 | |||||||
2016 | |||||||
2015 | |||||||
2014 | |||||||
2013 | |||||||
2012 | |||||||
2011 | |||||||
II. | On the Board and Officers | ||||||
a. | Complete Listing of the Directors and Officers with attached resume and their membership in Board Committees | ||||||
Board of Directors | |||||||
PITC Officers | |||||||
b. | Complete compensation package of all the board members and officers, including travel, representation, transportation and any other form of expenses or allowance | ||||||
2020 | |||||||
2019 | |||||||
2018 | |||||||
2017 | |||||||
2016 | |||||||
2015 | |||||||
2014 | |||||||
2013 | |||||||
c. | Information on Board Committees and their activities | ||||||
Meetings | |||||||
Attendance | |||||||
d. | Attendance Record of Directors in Board | ||||||
2020 | |||||||
2019 | |||||||
2018 | |||||||
2017 | |||||||
2016 | |||||||
2015 | |||||||
2014 | |||||||
2013 | |||||||
2012 | |||||||
III. | On Financial and Operation Matters | ||||||
a. | Latest Annual Audited Financial and Performance Report within thirty (30) days from receipt of such report | ||||||
a.1 | 2019 Audited Financial Reports | ||||||
Date Published | Year of the Report | Date Receipt from COA | |||||
09 September 2020 |
2019 | 09 September 2020 |
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b. | Audited Financial Statements in the immediate three (3) years | ||||||
Date Published | Year of the Report | Date Receipt from COA | |||||
08 May 2019 | 2018 | 03 May 2019 | |||||
01 June 2018 | 2017 | 23 May 2018 | |||||
22 May 2017 | 2016 | 19 May 2017 | |||||
08 June 2016 | 2015 | 06 June 2016 | |||||
02 July 2015 | 2014 | 30 June 2015 | |||||
25 July 2014 | 2013 | 24 June 2014 | |||||
c. | Quarterly and Annual Report and Trial Balance | ||||||
2020 | |||||||
3rd Quarter Report | Trial Balance | ||||||
2nd Quarter Report | Trial Balance | ||||||
1st Quarter Report | Trial Balance | ||||||
2019 | |||||||
4th Quarter Report | Trial Balance | ||||||
3rd Quarter Report | Trial Balance | ||||||
2nd Quarter Report | Trial Balance | ||||||
1st Quarter Report | Trial Balance | ||||||
2018 | |||||||
4th Quarter Report | Trial Balance | ||||||
3rd Quarter Report | Trial Balance | ||||||
2nd Quarter Report | Trial Balance | ||||||
1st Quarter Report | Trial Balance | ||||||
2017 | |||||||
4th Quarter Report | Trial Balance | ||||||
3rd Quarter Report | Trial Balance | ||||||
2nd Quarter Report | Trial Balance | ||||||
1st Quarter Report | Trial Balance | ||||||
2016 | |||||||
4th Quarter Report | Trial Balance | ||||||
3rd Quarter Report | Trial Balance | ||||||
2nd Quarter Report | Trial Balance | ||||||
3rd Quarter Report | Trial Balance | ||||||
2015 | |||||||
4th Quarter Report | Trial Balance | ||||||
3rd Quarter Report | Trial Balance | ||||||
2nd Quarter Report | Trial Balance | ||||||
1st Quarter Report | Trial Balance | ||||||
2014 | |||||||
4th Quarter Report | Trial Balance | ||||||
3rd Quarter Report | Trial Balance | ||||||
2nd Quarter Report | Trial Balance | ||||||
1st Quarter Report | Trial Balance | ||||||
2013 | |||||||
4th Quarter Report | |||||||
3rd Quarter Report | Trial Balance | ||||||
2nd Quarter Report | Trial Balance | ||||||
1st Quarter Report | Trial Balance | ||||||
d. | Current Corporate Operating Budget (COB) | ||||||
d.1 | 2018 | ||||||
d.2 | 2017 | ||||||
d.3 | 2016 | ||||||
d.4 | 2015 | ||||||
d.5 | 2014 | ||||||
d.6 | 2013 | ||||||
d.7 | 2012 | ||||||
e. | Local and Foreign Borrowings | ||||||
f. | Government subsidies and net lending | ||||||
g. | Borrowings Guaranteed by the Government | ||||||
h. | Material Risk Factors and Measures to Manage such Risk |
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i. | Performance Evaluation System (PES) | ||||||
IV. | On Governance Matters | ||||||
a. | Charter Statement / Mission – Vision Statements | ||||||
b. | Performance Scorecard and Strategy Map | ||||||
GCG Validated 2019 Performance Scorecard Result | |||||||
4th Quarter Performance Scorecard Report | |||||||
3rd Quarter Performance Scorecard Report | |||||||
2nd Quarter Performance Scorecard Report | |||||||
1st Quarter Performance Scorecard Report | |||||||
GCG Validated 2018 Performance Scorecard Result | |||||||
2018 Performance Scorecard and Strategy Map | |||||||
4th Quarter Performance Scorecard Report | |||||||
3rd Quarter Performance Scorecard Report | |||||||
2nd Quarter Performance Scorecard Report | |||||||
1st Quarter Performance Scorecard Report | |||||||
2017 Performance Scorecard and Strategy Map | |||||||
3rd Quarter Performance Scorecard Report | |||||||
2nd Quarter Performance Scorecard Report | |||||||
1st Quarter Performance Scorecard Report | |||||||
2016 Performance Scorecard and Strategy Map | |||||||
3rd Quarter Performance Scorecard Report | |||||||
2nd Quarter Performance Scorecard Report | |||||||
1st Quarter Performance Scorecard Report | |||||||
2015 Performance Scorecard and Strategy Map | |||||||
Annual Performance Scorecard Report | |||||||
3rd Quarter Performance Scorecard Report | |||||||
2nd Quarter Performance Scorecard Report | |||||||
1st Quarter Performance Scorecard Report | |||||||
c. | Organization Chart | ||||||
d. | Manual of Corporate Governance | ||||||
e. | Corporate Social Responsibility Statement | ||||||
f. | Balanced Scorecard | ||||||
g. | No Gift Policy and Statement | ||||||
h. | Code of Conduct for PITC Officers and Employees | ||||||
i. | Statement of No Audit Suspension – COA | ||||||
j. | Freedom of Information Manual | ||||||
State the location of the following information in the annual report / audited annual financial report | |||||||
- | Corporate Objectives | ||||||
- | Financial Performance Indicators | ||||||
- | Non-Financial Performance Indicators | ||||||
- | Details of Whistle Blowing Policy | ||||||
- | Biographical Details (at least age, qualifications, date of first appointment, relevant experience, and any other directorships of listed companies) of directors/commissioners | ||||||
- | Training and/or continuing education programme attended by each director/commissioner | ||||||
- | Statement of Full Compliance with the Code of Corporate Governance – Certificate | ||||||
- | Review of the GOCC’s Material Controls (including operational, financial and compliance controls) and Risk Management Systems | ||||||
- | Statement from the Board of Directors or Audit Committee commenting on the adequacy of GOCC’s Internal Controls/Risk Management Systems | ||||||
Corporate Social Responsibility | |||||||
Customers’ Welfare | |||||||
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Interaction with the Communities | |||||||
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Environmentally-friendly Value Chain | |||||||
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Contact Details for Complaints of Other Stakeholders | |||||||
Employees’ Welfare and Development | |||||||
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Corporate Governance
Responsibilities of the Board
• Board composition
a. Ex- officio
b. Appointive
(Please provide location of information on position in other GOCCs and PLCs)
Dave M. Almarinez : President and CEO - PITC
• Approved schedules of board meetings (please include when the schedule was approved)
• Role of the board in corporate strategy,
How does the board oversee the implementation of the corporate strategy?
When did the board review the corporate strategy?
• Code of Ethics
• Board committees’ accomplishment report
• Access to information (board materials)
• Internal Control (including Internal Audit)
• Risk management system
• Board appraisal system
a. Criteria
b. Procedure
• Corporate Secretary
(Profile)
• (Link to PES) –ask GCG if applicable
Disclosure and Transparency (at least 2013-present disclosures)
Certificate - Payment of Statutory Obligations
Declaration and Payment of Dividents - 2016
Declaration and Payment of Dividends - 2015
Declaration and Payment of Dividends - 2014
Action Plan on COA AOM
Statement of No Audit Suspensions, Disallowances and Charges from COA
Report on Ageing of Cash Advances as of 31 March 2017
I. Institutional Matters
a) PITC Charter
b) Latest General Information Sheet and brief company background including date of incorporation, history, and functions and mandate - NOT APPLICABLE
c) List of Subsidiaries and Affiliates
c.1) PITC Pharma, Inc. (PPI)
c.2) Center for International Trade Expositions and Missions (CITEM)
d) Government Corporate Information Sheet (GCIS) as mandated by the GCG in its Memorandum Circular No. 2012-01
II. On the Board and Officers
a) Complete listing of the Directors and Officers with attached resume and their membership in Board Committees
b) Complete compensation package of all the board members and officers, including travel, representation, transportation and any other form of expenses or allowance
b.4 Complete Compensation Package 2014
b.5 Complete Compensation Package 2013
c) Information on Board Committees and their activities
d) Attendance Record of Directors in Board
d.1) Attendance of Board of Directors for the year 2016
d.2) Attendance of Board of Directors for the year 2015
d.3) Attendance of Board of Directors for the year 2014
d.4) Attendance of Board of Directors for the year 2013
d.5) Attendance of Board of Directors for the year 2012
III. On Financial and Operation Matters
a) Latest Annual Audited Financial and Performance Report within thirty (30) days from receipt of such Report
Audited Annual Financial Reports
Date Published | Year of the Report | Date Receipt from COA |
22 May 2017 | 2016 | 19 May 2017 |
b) Audited Financial Statements in the immediate past three (3) years
Date Published | Year of the Report | Date Receipt from COA |
08 June 2016 | 2015 | 06 June 2016 |
02 July 2015 | 2014 | 30 June 2015 |
25 July 2014 | 2013 | 24 June 2014 |
28 June 2014 | 2012 | 19 Sept 2013 |
28 June 2014 | 2011 | |
28 June 2014 | 2010 |
2015 Annual Report (Posted June 22, 2016)
2014 Audited Financial Statement
2013 Audited Financial Statement
2012 Audited Financial Statement
2011 Audited Financial Statement
2010 Audited Financial Statement
c) Quarterly and Annual Report and Trial Balance
2017
1st Qtr Report - Trial Balance
2nd Qtr Report - Trial Balance
2016
1st Qtr Report - Trial Balance
2nd Qtr Report - Trial Balance
3rd Qtr Report - Trial Balance
4th Qtr Report - Trial Balance
4th Qtr Report - Trial Balance (revised per COA)
2015
3rd Qtr Report - Trial Balance
4th Qtr Report - Trial Balance
2014
1st Qtr Report - Trial Balance
2nd Qtr Report - Trial Balance
3rd Qtr Report - Trial Balance
2013
1st Qtr Report - Trial Balance
2nd Qtr Report - Trial Balance
3rd Qtr Report - Trial Balance
d) Current Corporate Operating Budget (COB)
d.1) PITC Corporate Operating Budget - 2017
d.2) PITC Corporate Operating Budget - 2016
d.3) PITC Corporate Operating Budget - 2015
d.4) PITC Corporate Operating Budget - 2014
d.5) PITC Corporate Operating Budget - 2013
d.6) PITC Corporate Operating Budget - 2012
e) Local and Foreign Borrowings
f) Government subsidies and net lending
g) Borrowings Guaranteed by the Government
h) Material Risk Factors and Measures to Manage Such Risks
i) Performance Evaluation System (PES)
IV. On Governance Matters
a) Charter Statement / Mission - Vision Statements
b) Performance Scorecard and Strategy Map
2016 Performance Scorecard and Strategy Map
1st Quarter Performance Scorecard Report
2nd Quarter Performance Scorecard Report
3rd Quarter Performance Scorecard Report
2015 Performance Scorecard and Strategy Map
Annual Performance Scorecard Report
3rd Quarter Performance Scorecard Report
2nd Quarter Performance Scorecard Report
1st Quarter Performance Scorecard Report
d) Manual of Corporate Governance
e) Corporate Social Responsibility Statement
g) No Gift Policy and Statement
h) Code of Conduct for PITC Officers and Employees
i) Statement of No Audit Suspension - COA
j) Freedom of Information Manual
State the location of the following information in the annual report/audited annual financial report
• Corporate objectives
• Financial performance indicators
• Non-financial performance indicators
• Details of whistle blowing policy
• Biographical details (at least age, qualifications, date of first appointment, relevant experience, and any other directorships of listed companies) of directors/commissioners
• Training and/or continuing education programme attended by each director/commissioner
• Statement of full compliance with the code of Corporate Governance - Certificate
• Review of the GOCC’s material controls (including operational, financial and compliance controls) and risk management systems
• Statement from the Board of Directors or Audit Committee commenting on the adequacy of the GOCC's internal controls/risk management systems
Corporate Social Responsibility
a. Customers’ welfare
• Policies
• Activities
b. Interaction with the communities
• Policies
• Activities
c. Environmentally-friendly value chain
• Policies
• Activities
d. Contact details for complaints of other stakeholders
e. Employees’ welfare and development
• Welfare (policies, programs and relevant data)
• Training and development (programs and relevant data)
• Whistle blowing policy and procedures (including protection of reporting employee/s from retaliation)
c.