Hercule Logistic

BALANCE SHEET
AS AT 31- July -2013
HQ
Kyat
1000 Fixed Assets
1010 Building 10,860,800
1011 Accumulated Depcreciation (449,288)
1010 Building -2 1,150,000
1011 Accumulated Depcreciation (9,583)
1020 Generator 790,000
1021 Accumulated Depcreciation (52,668)
1030 Phone 1,000,000
1031 Accumulated Depcreciation (16,667)
1040 Motor Vehicle (Truck & Cycle) 480,000
1041 Accumulated Depcreciation (40,000)
1050 Office Equipment 5,613,850
1051 Accumulated Depcreciation (365,015)
1060 Renovation -
1061 Accumulated Depcreciation -
18,961,429
2000 Current Assets
2100 Prepayment
2200 Cash to Management -
2300 Cash in Hand 21,949,951
2400 Cash to Company 979,000,000
2500 Accounts Receivable (Muse) 5,287,456
2600 Accounts Receivable (Luojia) -
2700 Accounts Receivable (Others) (381,200)
2800 Advance Trip Expenses (Truck) 6,100,000
1,011,956,207
3000 Current Liabilities
3100 Account Payables -
3200 Advance Received -
3300 Accrual Account -
3400 Account Payables (Ygn) -
-
Net Current Assets 1,011,956,207
Total Assets 1,030,917,636
Financed by
4000 Share Capital 1,000,000,000
Balance as at 31.7.2013
Current Month
Description Code
4100 Retained Earning -
4200 Profit & Loss for the Period 30,917,636
1,030,917,636
TOTAL
Kyat
10,860,800
(449,288)
1,150,000
(9,583)
790,000
(52,668)
1,000,000
(16,667)
480,000
(40,000)
5,613,850
(365,015)
-
-
18,961,429
-
-
21,949,951
979,000,000
5,287,456
-
(381,200)
6,100,000
1,011,956,207
-
-
-
-
1,011,956,207
-
1,030,917,636
-
-
1,000,000,000
Balance as at 31.7.2013
Current Month
-
30,917,636
1,030,917,636
Hercule Logistic
PROFIT & LOSS ACCOUNTS
AS AT 31- July -2013
HQ
Kyat
5000 REVENUE
5100 Truck Income 175,504,685
5200 Other Truck Income 898,000
176,402,685
176,402,685
6000 Logistic Expenses
6110 Repair & maintenance for Trucks 8,290,330
6120 Vehicle Spare Parts & Tools 6,106,150
6130 Petrol & Diesel 294,800
6140 Salary(Driver & Spare) -
6141 Driver Mileague Fees 8,983,740
6142 Meal Charges -
6150 Transportation (Toll Charges) 105,120,052
6151 Travelling Expenses (Hotel) -
6160 Depreciation (Motor Vehicle, -
128,795,072
GROSS PROFIT 47,607,613
Other Income
7000 Other Income -
-
8100 GENERAL & ADMINISTRATION EXPENSES
8101 Direct chg 661,450
8102 Electricity & Water 315,200
8103 Entertainment 2,900
8104 General Expenses 2,364,800
8105 Petrol & Diesel (Office Truck & Cycle 1,059,650
8106 Maintenance & Repair for Office Equipment -
8107 Newspaper -
8108 Office Utensil 62,500
8109 Printing & Stationery 484,380
8110 Telephone Charges 987,500
8111 Treatment Charges 72,110
From November 2012 - to July-2013
Current Quarter
Description Code
8112 Uniform Expenses -
8113 Penalty/Fine -
8114 Cash (Gain)/Loss 292,722
8115 Travelling Allowance 77,500
8116 Bank charges 13,314
8117 Repair & Maintainance for Generator 197,500
8118 Petrol & Diesel (Generator ) 102,700
8119 Repair & Maintainance for Office Truck & Cycle 32,900
8120 Rental (Ware House)
6,727,126
8300 STAFF COSTS
8301 Salary 6,797,000
8302 Training Fees -
8303 Meal Charges 1,262,630
8304 Bonus -
8305 Welfare 970,000
9,029,630
PROFIT / (LOSS) FROM OPERATION 31,850,857
DEPRECIATION
8400 Depreciation (Motor Vehicle, Office Equipment, Phone, etc) 933,221
PROFIT BEFORE TAXATION 30,917,636
INCOME TAX EXPENSE
8600 INCOME TAX EXPENSE -
NET PROFIT /(LOSS) 30,917,636
Sub-total
Kyat
175,504,685
898,000
176,402,685
176,402,685
8,290,330
6,106,150
294,800
-
8,983,740
-
105,120,052
-
-
128,795,072
47,607,613
-
-
661,450
315,200
2,900
2,364,800
1,059,650
-
-
62,500
484,380
987,500
72,110
From November 2012 - to July-2013
Current Quarter
-
-
292,722
77,500
13,314
197,500
102,700
32,900
-
6,727,126
6,797,000
-
1,262,630
-
970,000
9,029,630
31,850,857
933,221
30,917,636
-
30,917,636
Hercule Logistic
PROFIT & LOSS ACCOUNTS
AS AT 31- July -2013
HQ
Kyat
5000 REVENUE
5100 Truck Income 40,294,355
5200 Other Truck Income -
40,294,355
40,294,355
6000 Logistic Expenses
6110 Repair & maintenance for Trucks 1,382,600
6120 Vehicle Spare Parts & Tools 666,500
6130 Petrol & Diesel -
6140 Salary(Driver & Spare) -
6141 Driver Mileague Fees 2,654,089
6142 Meal Charges -
6150 Transportation (Toll Charges) 30,061,762
6151 Travelling Expenses (Hotel) -
6160 Depreciation (Motor Vehicle, -
34,764,951
GROSS PROFIT 5,529,404
Other Income
7000 Other Income -
-
8100 GENERAL & ADMINISTRATION EXPENSES
8101 Direct chg 12,150
8102 Electricity & Water 315,200
8103 Entertainment 2,900
8104 General Expenses 63,550
8105 Petrol & Diesel (Office Truck & Cycle 218,350
8106 Maintenance & Repair for Office Equipment -
8107 Newspaper -
8108 Office Utensil 17,500
8109 Printing & Stationery 50,400
8110 Telephone Charges 275,000
8111 Treatment Charges 16,300
July-2013.
Current month
Description Code
8112 Uniform Expenses -
8113 Penalty/Fine -
8114 Cash (Gain)/Loss 58,700
8115 Travelling Allowance (20,000)
8116 Bank charges -
8117 Repair & Maintainance for Generator&Water Pump -
8118 Petrol & Diesel (Generator &Water Pump) 4,000
8119 Repair & Maintainance for Office Truck & Cycle 30,000
8120 Rental (Warehouse) -
1,044,050
8300 STAFF COSTS
8301 Salary 1,650,000
8302 Training Fees -
8303 Meal Charges 324,850
8304 Bonus -
8305 Welfare -
1,974,850
PROFIT / (LOSS) FROM OPERATION 2,510,504
DEPRECIATION
8400 Depreciation (Motor Vehicle, Office Equipment, Phone, etc) 223,776
PROFIT BEFORE TAXATION 2,286,728
INCOME TAX EXPENSE
8600 INCOME TAX EXPENSE -
NET PROFIT/(LOSS) (For the month ) 2,286,728
Sub-total
Kyat
40,294,355
-
40,294,355
40,294,355
1,382,600
666,500
-
-
2,654,089
-
30,061,762
-
-
34,764,951
5,529,404
-
-
12,150
315,200
2,900
63,550
218,350
-
-
17,500
50,400
275,000
16,300
July-2013.
Current month
-
-
58,700
(20,000)
-
-
4,000
30,000
-
1,044,050
1,650,000
-
324,850
-
-
1,974,850
2,510,504
223,776
2,286,728
-
2,286,728
Hercule Logistic
TRIAL BALANCE
AS AT 31- July -2013
HQ Sub-total HQ
Code Description Kyat Kyat Kyat
1000 Fixed Assets
1010 Building - - 10,860,800
1011 Accumulated Depcreciation (90,507) (90,507) (358,781)
Building -2 1,150,000 1,150,000
Accumulated Depcreciation (9,583) (9,583)
1020 Generator - - 790,000
1021 Accumulated Depcreciation (13,167) (13,167) (39,501)
1030 Phone 1,000,000 1,000,000 -
1031 Accumulated Depcreciation (16,667) (16,667) -
1040 Motor Vehicle (Truck & Cycle) - - 480,000
1041 Accumulated Depcreciation (8,000) (8,000) (32,000)
1050 Office Equipment 27,000 27,000 5,586,850
1051 Accumulated Depcreciation (85,852) (85,852) (279,163)
1060 Renovation - - -
1061 Accumulated Depcreciation - - -
- - -
2000 Current Assets - - -
2100 Prepayment (Rental Fees) - - -
2200 Cash to Management - - -
2300 Cash in Hand 14,031,449 14,031,449 7,918,502
2400 Cash to Company(Bank)(Ko Ah Hai) (7,000,000) (7,000,000) 986,000,000
2500 Accounts Receivable (Muse) (4,372,945) (4,372,945) 9,660,401
2600 Accounts Receivable (Luojia) (1,000,000) (1,000,000) 1,000,000
2700 Accounts Receivable (Others) 628,000 628,000 (1,009,200)
2800 Advance Trip Expenses (Truck) (3,350,000) (3,350,000) 9,450,000
- - -
- - -
3000 Current Liabilities - - -
3100 Account Payables - - -
3200 Advance Received - - -
3300 Accrual Account 1,397,000 1,397,000 (1,397,000)
3400 Account Payables (Ygn) -
- -
Financed by - - -
4000 Share Capital - - (1,000,000,000)
4100 Retained Earning - - -
4200 Profit & Loss for the Period - - -
- - -
Adjusted Balance as at 31.7.2013 Opening Balance as at 1.7.2013
Current Month Current Month
5000 REVENUE - - -
5100 Truck Income (40,294,355) (40,294,355) (135,210,330)
5200 Other Truck Income - - (898,000)
- - -
6000 Logistic Expenses - - -
6110 Repair & maintenance for Trucks 1,382,600 1,382,600 6,907,730
6120 Vehicle Spare Parts & Tools 666,500 666,500 5,439,650
6130 Petrol & Diesel - - 294,800
6140 Salary(Driver & Spare) - - -
6141 Driver Mileague Fees 2,654,089 2,654,089 6,329,651
6142 Meal Charges - - -
6150 Trip Expenses (Toll Charges) 30,061,762 30,061,762 75,058,290
6151 Travelling Expenses (Hotel) - - -
6160 Depreciation (Motor Vehicle, - - -
- - -
Other Income - - -
7000 Other Income - - -
- - -
8100 GENERAL & ADMINISTRATION EXPENSES - - -
8101 Direct chg 12,150 12,150 649,300
8102 Electricity & Water 315,200 315,200 -
8103 Entertainment 2,900 2,900 -
8104 General Expenses 63,550 63,550 2,301,250
8105 Petrol & Diesel (Office Truck & Cycle 218,350 218,350 841,300
8106 Maintenance & Repair for Office Equipment - - -
8107 Newspaper - - -
8108 Office Utensil 17,500 17,500 45,000
8109 Printing & Stationery 50,400 50,400 433,980
8110 Telephone Charges 275,000 275,000 712,500
8111 Treatment Charges 16,300 16,300 55,810
8112 Uniform Expenses - - -
8113 Penalty/Fine - - -
8114 Cash (Gain)/Loss 58,700 58,700 234,022
8115 Travelling Allowance (20,000) (20,000) 97,500
8116 Bank charges - - 13,314
8117 Repair & Maintainance for Generator - - 197,500
8118 Petrol & Diesel (Generator ) 4,000 4,000 98,700
8119 Repair & Maintainance for Office Truck & Cycle 30,000 30,000 2,900
8120 Rental (Ware House) -
- - -
8300 STAFF COSTS - - -
8301 Salary 1,650,000 1,650,000 5,147,000
8302 Training Fees - - -
8303 Meal Charges 324,850 324,850 937,780
8304 Bonus - - -
8305 Welfare - - 970,000
- -
DEPRECIATION - - -
8400 Depreciation (, Office Equipment, Phone, etc) 223,776 223,776 709,445
- - -
INCOME TAX EXPENSE - - -
8600 INCOME TAX EXPENSE - - -
- - -
Check - - 0
Sub-total HQ Sub-total
Kyat Kyat Kyat
10,860,800 10,860,800 10,860,800
(358,781) (449,288) (449,288)
- 1,150,000 1,150,000
- (9,583) (9,583)
790,000 790,000 790,000
(39,501) (52,668) (52,668)
- 1,000,000 1,000,000
- (16,667) (16,667)
480,000 480,000 480,000
(32,000) (40,000) (40,000)
5,586,850 5,613,850 5,613,850
(279,163) (365,015) (365,015)
- - -
- - -
- - -
- - -
- - -
- - -
7,918,502 21,949,951 21,949,951
986,000,000 979,000,000 979,000,000
9,660,401 5,287,456 5,287,456
1,000,000 - -
(1,009,200) (381,200) (381,200)
9,450,000 6,100,000 6,100,000
- - -
- - -
- - -
- - -
- - -
(1,397,000) - -
- -
- -
- - -
(1,000,000,000) (1,000,000,000) (1,000,000,000)
- - -
- - -
- - -
Opening Balance as at 1.7.2013 Closing Balance as at 31.7.2013
Current Month Current Month
- - -
(135,210,330) (175,504,685) (175,504,685)
(898,000) (898,000) (898,000)
- - -
- - -
6,907,730 8,290,330 8,290,330
5,439,650 6,106,150 6,106,150
294,800 294,800 294,800
- - -
6,329,651 8,983,740 8,983,740
- - -
75,058,290 105,120,052 105,120,052
- - -
- - -
- - -
- - -
- - -
- - -
- - -
649,300 661,450 661,450
- 315,200 315,200
- 2,900 2,900
2,301,250 2,364,800 2,364,800
841,300 1,059,650 1,059,650
- - -
- - -
45,000 62,500 62,500
433,980 484,380 484,380
712,500 987,500 987,500
55,810 72,110 72,110
- - -
- - -
234,022 292,722 292,722
97,500 77,500 77,500
13,314 13,314 13,314
197,500 197,500 197,500
98,700 102,700 102,700
2,900 32,900 32,900
- -
- - -
- - -
5,147,000 6,797,000 6,797,000
- - -
937,780 1,262,630 1,262,630
- - -
970,000 970,000 970,000
- -
- - -
709,445 933,221 933,221
- - -
- - -
- - -
- - -
0 0 0
Hercules Logistic
2013-July
1 Balance Sheet
2 Trial Balance
3 Profit & Loss AC
4 Profit & Loss AC-For the month
5 Truck Income & Expense Summary
Hercule Logistic
Truck Income & Expemses
Summary
Income Expenses 29,544,762
July-2013. 41,424,705 29,544,762
Driver & Spare Fees 2,654,089
- 2,654,089
Cash to CB - 9,225,854
41,424,705 41,424,705
July-2013 Summary