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- 91 Notes to Consolidated Financial Statements AMPI Total advances to contractors amounted to P =360.4 million and = P229.7 million as of December 31, 2013 and 2012, respectively, for the civil, structural and masonry works and supply and installation of materials for Alphaland Makati Place. ABIRC Total advances to contractors amounted to P =17.6 million and nil as of December 31, 2013 and 2012, respectively, for the supply of labor, materials and equipment and all related construction works in various parts of Alphaland Balesin Island Club. AMTI Total advances to contractors amounted to nil and = P137.0 million as of December 31, 2013 and 2012, respectively, for the mechanical, civil, structural, architectural, demolition and structural retrofitting works and supply of materials for Alphaland Tower. Retention Payable Retention payable is based upon specifically identified construction contracts that stipulate the right of the Group to retain a portion of the progress billings of contractors. Depending on the terms of the contract, all retention payable shall be released to contractors upon 100% completion and acceptance of works normally within one year after completion. Total retention payable amounted to = P330.7 million and = P191.7 million as of December 31, 2013 and 2012, respectively. Significant contracts with retention clause are as follows: a. ADI As of December 31, 2013 and 2012, total retention payable amounted to = P4.6 million and P =5.2 million, respectively, for the contracts on structural and architectural works for the rehabilitation of Alphaland Southgate Tower and mechanical works of the Tabacalera and Executive Lounge at the 6th floor of Alphaland Southgate Tower. b. AMPI Total retention payable as of December 31, 2013 and 2012 amounting to = P200.6 million and = P76.4 million, respectively, is allocable to the construction of the podium and the contract for the complete bulk excavation and slope protection works of Alphaland Makati Place, respectively. c. ABIRC Total retention payable as of December 31, 2013 and 2012 amounting to = P23.1 million and = P36.2 million, respectively, is allocable to the contract for the construction of various infrastructures and villages of Balesin project and for the contract on the supply of labor and materials for the Atimonan Warehouse, respectively. Contingencies As a result of the dispute between the Group and with the Wenceslao Group (see Note 4), the following cases have been filed against each other; together with their status as of June 18, 2014: a. ADI and AMC v. DMWAI, et al. [Civil Case No. 13-540 pending before the Regional Trial Court of Makati City, Branch 142 (the Court)] - a complaint for injunction filed on May 9, 2013 seeking to enjoin the defendants (the Wenceslao Group) from obstructing and/or delaying or from taking any other action/s that may impede/obstruct and/or delay the construction/development of the Alphaland Marina Project. On May 15, 2013, the Court issued a Temporary Restraining Order against the defendants. On June 3, 2013, the Court 136

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