COMPONENT GOCC SUBMISSION GCG VALIDATION
GRP ITEM QUESTION ANS GUIDE COMPLIANCE ANS REFERENCE LINK/SUPPORTING DOCUMENTS ANS REMARKS
II. Disclosure and Transparency
II 8 Are the annual reports downloadable from the GOCC’s website? Y Annual reports/Financial statements on the year being assessed must be downloadable from the GOCC’s website. ANNUAL REPORT 2022
Financial Statement 2022		 Y ANNUAL REPORT 2022

FINANCIAL STATEMENT 2022
II 10.a Are the audited annual financial report/statement uploaded on the website within 60 days upon receipt from COA? Y The GOCC must explicitly state the 1.) date of receipt of the AFS from COA and 2.) the date when the AFS was released/published online.

An N/A rating will be given for this item if the COA-audited financial report is not yet available or not yet transmitted to the GOCC, provided that the evidence/ proof of their financial reports have already been submitted for audit and that they disclose their unaudited financial reports instead.

 AFS received on May 29, 2023 and the website administrator received and posted on August 15, 2023 Y Audited Financial Statement
II 10.b  Is the annual report released within 90 days from release of audited financial report? Y The GOCC must explicitly state the 1.) date of receipt of the AFS from COA and 2.) the date when the Annual Report was released/published online ANNUAL REPORT 2022 released on July 2023 and posted at NDA website on September 2023 Y ANNUAL REPORT 2022
II 10.c  Is the true and fairness/fair representation of the annual financial statement/reports affirmed by the board of directors/commissioners and/or the relevant officers of the company? Y There should be a statement online made by the Directors and/or relevant officers confirming the truth/veracity and fairness of the GOCC’s financial statements. SEE SECRETARYS CERTIFICATE BR No. 968, s. 2023 DATED 17 April 2023 during NDA Special Board Mtg. Y Secretary Certificate of Board Approval of 2022 Financial Statement
COMPONENT GOCC SUBMISSION GCG VALIDATION
GRP ITEM QUESTION ANS GUIDE COMPLIANCE ANS REFERENCE LINK/SUPPORTING DOCUMENTS ANS REMARKS
III. Responsibilities of the Board
III 12 Did the GOCC achieve 90% in the PES? Y The GOCC must publish the GCG-validated performance scorecard on the year being assessed. 79.6% SEE PES 2022 N NDA PES 2022
COMPONENT GOCC SUBMISSION GCG VALIDATION
GRP ITEM QUESTION ANS GUIDE COMPLIANCE ANS REFERENCE LINK/SUPPORTING DOCUMENTS ANS REMARKS
IV. Bonus
IV 1 Stakeholder Relationship Does the GOCC practice Global Reporting Index (GRI) on its annual reports? Y The GOCC must publicly disclose that it has adopted integrated reporting based on the GRI framework for its disclosures. ISO Certified 9001:2015 Y ISO Certified 9001:2015
IV 2 Timely release of annual financial report Is the audited annual financial report/statement released within 30 days upon receipt from COA? Y The GOCC must explicitly state the date when the AFS was released from COA and when it was published.  Audited Annual Financial Report/Statement received on May 29, 2023 and the website administrator received and posted on August 15, 2023 N
V. Penalty
V 1 Responsibilities of the Board Are there members of the Board of Directors who hold more than five (5) positions in GOCCs and PLCs? N The GOCC must name all the directorships of their Appointive Direcotrs to other GOCCs and PLCs. Should the Director have more than 5 positions in other GOCCs and PLCs, the GOCC will be marked N on this item. None
V 2 Responsibilities of the Board Is there non-compliance with Good Governance Conditions? N Thhe GOCC must disclose the results of GCG’s evaluation of its good governance conditions. Should the GOCC fail to comply with two or more conditions, it will be marked N on this item. DID NOT POST/UPLOAD

CORPORATE GOVERNANCE SCORECARD REPORT A 2021

CORPORATE GOVERNANCE SCORECARD REPORT B 2021