The town of Lugait has the highest equity with P217 million among all municipalities in Misamis Oriental based on the Commission on Audit’s 2015 Annual Financial Report.

Lugait which hosts one of Holcim’s largest Cement Plant has assets totaling P 320,583,000 and liabilities of P103,428,000 resulting to an equity of P217,155,000 which is tops in the province. As shown in the table below, next in rank are Claveria, Balingasag, Tagoloan and Initao.


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