GCG Memorandum Circular 2012-07

The Section 43 of the Memorandum Circular 2012-07 (Code of Corporate Governance for GOCCs), issued by the Governance Commission for GOCCs, reiterates compliance with Section 25 of the Republic Act 10149 (AN ACT TO PROMOTE FINANCIAL VIABILITY AND FISCAL DISCIPLINE IN GOVERNMENT-OWNED OR -CONTROLLED CORPORATIONS AND TO STRENGTHEN THE ROLE OF THE STATE IN ITS GOVERNANCE AND MANAGEMENT TO MAKE THEM MORE RESPONSIVE TO THE NEEDS OF PUBLIC INTEREST AND FOR OTHER PURPOSES) to wit:

SEC. 25. Full Disclosure.—All GOCCs shall maintain a website and post therein for unrestricted public access:

1. Their latest annual audited financial and performance report within thirty (30) days from receipt of such report;
2. Audited financial statements in the immediate past five (5) years;
3. Quarterly, annual reports and trial balance;
4. Current corporate operating budget;
5. Complete compensation package of all the board members and officers, including travel, representation, transportation and any other form of expenses or allowances;
6. Local and foreign borrowings;
7. Performance scorecards and strategy maps;
8. Government subsidies and net lending;
9. All borrowings guaranteed by the government; and
10. Such other information or report the GCG may require.

ECC Compliance with Sec. 43 of GCG Memorandum Circular No. 2012-07 (Code of Corporate Governance for GOCCs)

I. Institutional Matters

1. ECC Charter
2. Government Corporate Information Sheet
   2017 / 2016 /2015 / 2014 / 2013

II. Board and Officers

1. Board of Directors
   Chairperson:
   HON. SILVESTRE H. BELLO III
   Secretary
   Department of Labor and Employment
   ALTERNATE: HON. CIRIACO A. LAGUNZAD III
   Undersecretary
   Department of Labor and Employment
   
   Members:
   HON. EMMANUEL F. DOOC
   President and Chief Executive Officer
   Social Security System

   DESIGNATE: HON. ELVIRA G. ALCANTARA-RESARE
   Executive Vice President – Corporate Services Center
   Social Security System

   HON. JESUS CLINT O. ARANAS
   President and General Manager
   Government Service Insurance System

   DESIGNATE: HON. NORA M. MALUBAY
   Executive Vice President, Core Business Sector

   Government Service Insurance System

   HON. FRANCISCO T. DUQUE III
   Secretary
   Department of Health

   DESIGNATE: ROY B. FERRER / DENNIS S. MAS
   Acting President and CEO / Management Services Sector
   Philippine Health Insurance Corporation

   HON. CARLITO P. ROBLE

   Executive Vice President

   Alliance of Filipino Workers

   VACANT
   Employer Sector
   HON. STELLA ZIPAGAN-BANAWIS
   Executive Director
   Employees’ Compensation Commission

   (2016 Governing Board)

2. Compensation Package
3. Attendance Record
   2014 / 2015 / 2016 / 2017
4. Information on Board Committees and their Activities
   Board Resolution No. 16-01-02
   Board Resolution No. 16-02-10
   Board Resolution No. 16-05-20
5. Board Secretary

III. Financial and Operational Matters

1. Latest annual Audited Financial and Performance Report within thirty (30) days from receipt of such report
2. Annual Audit Report
   

   Year	Date Published	Date Received (from COA)
   2018	April 2, 2019	March 28, 2019
   2017	July 23, 2018	June 27, 2018
   2016	April 19, 2017	March 29, 2017
   2015	April 21, 2016	March 31, 2016
   2014	July 17, 2015	June 30, 2015
   2013	April 7, 2015 (Website Migration)	June 25, 2014
   2012		July 12, 2013
   2011		March 29, 2012 (released)
   2010		June 2, 2011
   2009		April 15, 2010 (released)
   2008		April 20, 2009 (released)

1. Trial Balance
   2019: 1st Qtr  / 2nd Qtr
   2018: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
   2017: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
   2016: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
   2015: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
   CY 2014 / CY 2013
2. Corporate Operating Budget
   2011 / 2012 / 2013 / 2014 / 2015 / 2016 / 2017 / 2018 / 2019
3. Local and Foreign Borrowings
   2019: 1st Qtr / 2nd Qtr
   2018: 1st Qtr / 2nd Qtr / 3rd Qtr
   2017
4. Government subsidies and net lending (N/A)
5. All borrowings guaranteed by the Government (N/A)
6. Any material risk factors and measures taken to manage such risks
7. Performance Evaluation System (PES)
   1. 2015 / 2016 / 2017 / 2018 /

IV. Governance Matters

1. Charter Statement / Mission-Vision Statements
2. Performance Scorecards
   1. 2013 / 2014 /  2015 / 2016 / 2017 / 2018 /
   2. Interim PES Form 4 Quarterly Monitoring Report
      2019 : 1st Quarter
      2018 : 1st Quarter || 2nd Quarter || 3rd Quarter || 4th Quarter
      2017
   3. Validation Result of Performance Scorecard
      2016
3. Strategy Map
   1. 2015 / 2016 / 2017 / 2018 /
4. Organizational Chart
5. Manual of Corporate Governance
6. Corporate Social Responsibility
7. Balance Scorecard
   1. 2015 / 2016 / 2017 / 2018 /
8. System of Ranking
   1. 2016 / 2017 / 2018
9. Communication and Information

V. Other Information / Report(s)

1. Corporate Governance Scorecard for GOCCs Questionnaire
2. Government Quality Management System Standards (GQMSS)
   • ISO Certificate
   • QMS Status/Progress Report
   • Quality Policy Statement
3. ECC No Gift Policy
4. Revised No Gift Policy (.pdf)
5. Integrity Development Action Plan
   • 2018 Networth of Third Level ECC Officials
   • 2017 Networth of Third Level ECC Officials
   • 2016 Networth of Third Level ECC Officials
   • 2015 Networth of Third Level ECC Officials
   • 2014 Networth of Third Level ECC Officials
   • 2013 Networth of Third Level ECC Officials
6. COA Reports
   • Management Comments/ Action Taken on CY 2016 COA Annual Audit Report
   • Management Comments/ Action Taken on CY 2015 COA Annual Audit Report
   • Management Comments/ Action Taken on CY 2014 COA Annual Audit Report
   • Management Comments/ Action Taken on CY 2013 COA Annual Audit Report
   • Management Comments/ Action Taken on CY 2012 COA Annual Audit Report
7. Financial Reports/Statements
   1. Cash Flow Statement
      2019: 1st Qtr / 2nd Qtr
      2018: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2017: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2016: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2015: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2014: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2013: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
   2. Statement of Financial Position
      2019: 1st Qtr / 2nd Qtr
      2018: 1st Qtr / 2nd Qtr / 3rd Qtr /4th Qtr
      2017: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2016: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2015: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2014: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2013: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
   3. Statement of Income and Expenses
      2019: 1st Qtr / 2nd Qtr
      2018: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2017: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2016: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2015: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2014: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2013: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
8. Schedule of Advances to Officers and Employees
   2019: 1st QTR / 2nd QTR
   2018: 1st QTR / 2nd QTR / 3rd QTR / as of September / 4th QTR
   2017: 1st QTR / 2nd QTR / 3rd QTR / as of November / 4th QTR
   2016: 1st QTR / 2nd QTR / 3rd QTR / 4th QTR
   2015: 1st QTR / 2nd QTR / 3rd QTR / 4th QTR
   2014: 1st QTR / 2nd QTR / 3rd QTR / 4th QTR
   2013
9. Annual Reports
   

   Year	Date Posted (Website)	Date Released (Annual Report)	Date Released (AFS)	Affirmation of true and fair representation
   2017	September 20, 2018	September 20, 2018	June 27, 2018
   2016	June 30, 2018	May 30, 2017	June 6, 2017
   2015	July 14, 2016	June 29, 2016	March 31, 2016
   2014	Jan. 13, 2015	Aug. 10, 2015	Jun. 30, 2015	2014 Financial Reports
   2013	Jan. 13, 2015		Jun. 25, 2014
   2012	Jan. 13, 2015		July 12, 2013