Professional Documents
Culture Documents
1 COMPANY DESCRIPTION
AboitizLand Inc. is a home grown real estate developer engaged in the design and
development of distinct communities for residential, industrial, and commercial uses. It is the
real estate arm of the Aboitiz and Company, one of the Philippine’s most diversified
management investment companies founded in 1920 with business interests spanning various
industries: power, banking, food, real estate development, industrial production and
construction.
The Cebu homegrown developer believes that investment in a home could be the single
biggest decision in the life of a Filipino. AboitizLand is committed to provide each customer with
the ultimate real estate experience. Committed to serve the ever-changing needs of each
customer, AboitizLand continues to create products and deliver services that consistently
exceed customer expectations.
Exhibit 1, the
organizational chart,
outlines the roles,
responsibilities and
relationships between
individuals in the
accounting department.
Exhibit 1
Over the past two decades, AboitizLand has gone through a fulfilling journey, delivering
dream homes and business offices to more than 3,000 vecinos, merchants, and locators. In
2014, on its 20th year, the company took on the challenge to support and participate in the
Philippines’ economic resurgence. The economy has remained robust, as reflected in reassuring
indicators including positive GDP growth, low interest rates, and strong consumer spending.
Parallel to the country’s strengthening economy, AboitizLand likewise posted another record-
breaking year.
As shown in Exhibit 2,
there was growth across all its
business units as revenues went
up by 86%, breaching the P3-
billion mark and net income
increased by 242%. The surge is
attributed to the acquisition of
LiMA Land, Inc. (LLI), which
brought in significant
incremental industrial income.
The residential construction
accomplishment and the new
revenue stream of the
commercial business unit also
contributed to the growth.
Exhibit 2
http://aboitiz.com/about-us#about-us
http://www.aboitizland.com/about/3262:about_us.html
http://annualreport.aboitiz.com/pdf/Aboitiz%20Equity%20Ventures%202014%20Annual%20Re
port.pdf
http://www.cebuholdings.com/news/ayala-land-and-aboitizland-team-develop-new-city-
center-cebu