Based on the provided financial statements for SM Prime Holdings Inc please create a comprehensive reflection/observation on the following:

• Presentation of Financial Statements
• Cash and Cash Equivalents T
• rade and Other Receivable

Financial Statements of SM Prime Holdings Inc:

SM PRIME HOLDINGS, INC. AND SUBSIDIARIES CONSOLDATED BALANCE SHEETS SM PRIME HOLDINGS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (Amounts in Thousands, Except Per Share Data) 5. Acquisition of Non-controlling Interest and Business Combinations Business Combination In January 2022, the Parent Company acquired 100\% of the outstanding shares of BTC. BTC is under common control by the Sy Family. Thus, the acquisition was accounted for using pooling of interest method. No restatement of prior period was made due to immateriality. Assets acquired and liabilities assumed in January 2022 is P1,593 million and P1,612 million, respectively. The acquisition resulted to equity reserve adjustment amounting to P44 million included under Additional Paid-in Capital - Net account in the equity section of the balance sheet (see Note 18). In December 2020, the Parent Company entered into a Share Purchase Agreement with its wholly owned subsidiary, SM Land China, and transferred its 100\% interest in Affluent Capital Enterprises Limited and Subsidiaries and Mega Make Enterprises Limited and Subsidiaries in exchange for SM Land China's 1,000 ordinary shares and 1 ordinary share, respectively. The Company recorded the additional investment in SM Land China at the carrying value of the asset given up and treated the transaction as common control business combination. Acquisition of Non-controlling Interest In December 2020, the Company (through Landfactors Incorporated, a wholly owned subsidiary of SMDC) purchased additional 12,500 common shares of Greenmist Property Management Corporation for a total consideration of 2 million increasing its ownership from 91.67% to 100%. The transaction was accounted for as an equity transaction since there was no change in control. 6. Cash and Cash Equivalents This account consists of: Cash in banks earn interest at the respective bank deposit rates. Temporary investments are made for varying periods of up to three months depending on the immediate cash requirements of the Company and earn interest at the respective temporary investment rates. Credit risk from balances with banks and financial institutions is managed by the Company's treasury department in accordance with the Company's policy. Investments of surplus funds are made only with approved counterparties and within credit limits assigned to each counterparty. The limits are set to minimize the concentration of risks and therefore mitigate financial loss through a counterparty's potential failure to make payments. Interest income earned from cash in banks and temporary investments amounted to P1,070 million, P627 million and P900 million for the years ended December 31, 2022, 2021 and 2020, respectively (see Note 22). 7. Receivables and Contract Assets This account consists of: December 31, 2022 and 2021, respectively. The terms and conditions of the above receivables are as follows: - Trade receivables from tenants are non-interest bearing and are normally collectible on a 30 to 90 days' term. Trade receivables from sale of real estate pertain to sold real estate inventories at various terms of payments, which are non-interest bearing. The Company assigned billed and unbilled receivables from sale of real estate on a without recourse basis to local banks amounting to nil and P359 million for the years ended December 31, 2022 and 2021, respectively (see Note 19). The Company also has assigned billed and unbilled receivables from real estate on a with recourse basis to local banks with outstanding balance of P1,182 million and P324 million as at December 31, 2022 and 2021, respectively. The related liability from assigned receivables, which is of equal amount with the assigned receivables, bear interest rates of 3.75% to 5.00% in 2022 and 4.50% in 2021 . The fair value of the assigned receivables and liability from assigned receivables approximates their costs. - Accrued interest and other receivables are normally collected throughout the financial period. Interest income earned from receivables totaled P149 million, P86 million and P65 million for the years ended December 31, 2022, 2021 and 2020, respectively (see Note 22). Customer credit risk is managed by each business unit subject to the Company's established policy, procedures and control relating to customer credit risk management. Credit quality of a customer is assessed and individual credit limits are defined in accordance with this assessment. Outstanding customer receivables are regularly monitored. There is no allowance for ECLs on unbilled revenue from sale of real estate as of December 31, 2022. The movements in the allowance for ECLs related to receivables from sale of real estate and other receivables are as follows: The aging analysis of receivables and unbilled revenue from sale of real estate as at December 31 are as follows: Receivables, except for those that are impaired, are assessed by the Company's management as not impaired, good and collectible. The transaction price allocated to the remaining performance obligations totaling P25,392 million and P34,308 million as at December 31, 2022 and 2021, respectively are expected to be recognized over the construction period ranging from one to five years. 8. Real Estate Inventories The movements in this account are as follows: The Company has no outstanding contingent liabilities or capital commitments related to its investments in associates and joint ventures as at December 31, 2022 and 2021. 14. Other Noncurrent Assets This account consists of: - Bonds and deposits consist of deposits to contractors and suppliers to be applied throughout construction and advances, deposits paid for leased properties to be applied at the last term of the lease and advance payments for land acquisitions which will be applied against the purchase price of the properties upon fulfillment by both parties of certain undertakings and conditions. - Time deposits amounting to 4,616 million and 3,906 million as at December 31, 2022 and 2021, respectively, were used as collateral for use of credit lines obtained by the Company. Interest income earned amounted to P94 million, P125 million and P43 million for the years ended December 31, 2022, 2021 and 2020, respectively (see Note 22). - Cash in escrow pertains to the amounts deposited in the account of an escrow agent as required by the Department of Human Settlements and Urban Development in connection with the incentive compliance provisions of the Urban Development and Housing Act. Interest income earned from the cash in escrow amounted to P6 million, P1 million and P 2 million for the years ended December 31, 2022, 2021 and 2020 respectively (see Note 22). 15. Loans Payable This account consists of unsecured Philippine peso and China yuan renminbi denominated loans obtained from local and foreign banks amounting to P5,423 million and P6,487 million as at December 31, 2022 and 2021, respectively, with due dates of less than one year. These loans bear weighted average interest rates of 3.56% and China loan prime rate (LPR) in 2022 and 2.97% and China LPR in 2021. Interest expense incurred from loans payable amounted to P160 million, P177 million and P189 million for the years ended December 31, 2022, 2021 and 2020, respectively (see Note 22)