BoholAnalysis

Introduction This paper presents an analysis, in financial perspective, of the details of the agreement entered into by parties 1) The Bishop of Tagbilaran, 2) Beatriz Susanna Zobel de Ayala, 3) Dauis Renaissance Company, Inc. and signed on June 24, 2008 in Dauis, Bohol, Philippines. As the agreement is vague in some respects, figure computations were interpreted on the basis of its implications to financial statements of the “Dauis Renaissance Company”, both currently and prospectively. The paper is structured in three parts. The first section analyses the facts of the agreement and its implication on assets, equities, and net income projections. The relevant provisions of the agreement are cited side by side with the analysis. The second section represents the general independent appraisal of the author on the “Dauis Renaissance Company”, taking collectively all the facts mentioned in the first section. The annex section presents a list of important financial terms which are defined