Financial Management
I. Privatization Proceeds: Financial Bids, Collection and Utilization

PSALM’s privatization efforts generated a total of PHP917.49 billion as of 31 May 2025. Of this amount, the actual collection amounted to PHP837.30 billion.

Privatization Proceeds Generation and Collection
As of As of 31 May 2025
(In PHP Billion)

Assets Financial Bids Collected
Generating Power Plants 181.67 181.67
IPPA Administration 448.80 419.66
Transmission Concession 260.54 209.49
Decommissioned Plants    0.52    0.52
Other Assets/Priva-Related    25.97    25.96
Total 917.49 837.30

Total collections of PHP837.30 billion as of May 2025 were exclusively utilized to liquidate financial obligations amounting to PHP842.42 billion.

Privatization Proceeds Utilization
As of 31 May 2025
(In PHP Billion)

Utilization Amount
Debt Prepayment   57.62
Regular Debt Service 515.27
BOT Lease Obligations 269.53
  Subtotal 842.42
Other Privatization-Related Expenses    4.82
  Total 847.24*

USD1:PHP55.730(BSP Guiding Rate dated 30 May 2025)
* Power receivables were used to augment funds for debt payment and other expenses