The Light Rail Transit Authority (LRTA) proudly announces the successful completion of its Annual Physical Inventory of Property, Plant, and Equipment (PPE), conducted by the Annual Physical Inventory Committee under Special Order No. 98, series of 2025.

Chaired by Mr. Leo A. Mangampo, OIC of the Administrative Department, and supported by representatives from General Services Division, Asset Management Division, Accounting Division, Knowledge Management and Information Technology Division, AFC Systems Administration Division, and Line 2 Rolling Stock and Interrelated System, the Committee carried out the physical count from July 2025 to January 2026 in strict adherence to Commission on Audit (COA) Circular No. 2020-006.

The Committee prepared and secured approval for a comprehensive Physical Inventory Plan (PIP), submitted to the COA Audit Team ahead of schedule. The actual count covered PPE items acquired through purchase, donation, construction, and those found at stations, with all items tagged and documented using the prescribed Report on the Physical Count of Property, Plant and Equipment (RPCPPE) format.

Following the count, reconciliation was performed against property and accounting records, ensuring recognition of unrecorded PPE and identification of missing items for proper disposition. The final reconciled report was submitted to COA on January 27, 2026, demonstrating LRTA’s commitment to transparency, accountability, and accurate financial reporting.

The successful completion of this inventory underscores LRTA’s ongoing efforts to uphold integrity in asset management and reinforce public trust in its operations.