I. Privatization Proceeds: Financial Bids, Collection and Utilization

PSALM’s privatization efforts generated a total of PHP926.282 billion as of 31 May 2024. Of this amount, the actual collection amounted to PHP800.129 billion.

Privatization Proceeds Generation and Collection
As of 31 May 2024
(In PHP Billion)

Assets	Financial Bids	Collected
Generating Power Plants	181.667	181.667
IPPA Administration	469.057	407.552
Transmission Concession	260.543	197.749
Decommissioned Plants	0.524	0.524
Other Assets/Priva-Related	14.490	14.490
Total	926.282	801.982

Total collections of PHP801.98 billion as of May 2024 were exclusively utilized to liquidate financial obligations amounting to PHP801.68 billion.

Privatization Proceeds Utilization
As of 31 May 2024
(In PHP Billion)

Utilization	Amount (In PHP Billion)
Debt Prepayment	57.62
Regular Debt Service	499.35
BOT Lease Obligations	239.89
Subtotal	796.86
Other Privatization-Related Expenses	4.82
Total	801.68