CODE OF CORPORATE GOVERNANCE FOR GOCCS

Article VIII. DISCLOSURE AND TRANSPARENCY REQUIREMENTS

SEC. 43. Mandatory Website. – In accordance with Section 25 of the Act, all GOCCs shall maintain a website and post therein for unrestricted public access:

43.1. ON INSTITUTIONAL MATTERS :
(a.1) For Chartered GOCCs, the latest version of its Charter;

MWSI Revised Concession Agreement
MWCI Revised Concession Agreement

(a.2) Previous version of its Charter;

MWSI Concession Agreement
MWCI Concession Agreement

(b) For Nonchartered GOCCs, latest General Information Sheet (GIS) and brief company background including date of incorporation, history, functions and mandate;


(c) List of Subsidiaries and Affiliates; and *not applicable

(d) Government Corporate Information Sheet (GCIS) as mandated by the GCG in its Memorandum Circular No. 2012-01.

(e) An Act Granting Maynilad Water Services, Inc. a Franchise to Establish, Operate, and Maintain a Waterworks System and Sewerage and Sanitation Services in the West Zone Service Area of Metro Manila and Province of Cavite

(f) An Act Granting Manila Water Company, Inc. a Franchise to Establish, Operate, and Maintain the Waterworks and Sewerage System in the East Zone Service Area of Metro Manila and Province of Rizal
43.2. ON THE BOARD AND OFFICERS:
(a) Complete listing of the Directors and Officers with attached resume, and their membership in Board Committees;

(b) Complete compensation package of all the board members and officers, including travel, representation, transportation and any other form of expenses or allowances;

(c) Information on Board Committees and their activities; and

(d) Attendance record of Directors in Board and Committee meetings.

43.3. ON FINANCIAL AND OPERATIONAL MATTERS:
(a) Latest annual Audited Financial and Performance Report within thirty (30) days from receipt of such Report; *consolidated with the MWSS Corporate Office

(b) Audited Financial Statements in the immediate past three (3) years;  *consolidated with the MWSS Corporate Office

(c) Quarterly, and Annual Reports and Trial Balance;

(d) Corporate Operating Budget (COB);

(e) Local and foreign borrowings; * no local and foreign borrowings

(f) Government subsidies and net lending; *not applicable

(g) All borrowings guaranteed by the Government; *not applicable

(h) Any material risk factors and measures taken to manage such risks; and

(i) Performance Evaluation System (PES).
43.4. ON GOVERNANCE MATTERS:
(a) Charter Statement/Mission-Vision Statements;

(b) Performance Scorecards and Strategy Map;

(c) Organizational Chart and Staffing Pattern;

(d) Manual of Corporate Governance; *for GCG’s approval

(e) Corporate Social Responsibility (CSR) Statement;

(f) Citizen’s Charter; and

(g) Balance Scorecard *not applicable
43.5. SUCH OTHER INFORMATION OR REPORT THAT THE GCG MAY REQUIRE