Payroll Sheet Employers' Contributions December 31, 2010 December 31, 2010

PAYROLL SHEET EMPLOYERS' CONTRIBUTIONS
December 31, 2010 December 31, 2010
NAMES POSITION ANNUAL SSS PHILHEALTH TOTAL ANNUAL NET

NAME SSS EC PHILHEALTH
GROSS PAY DEDUCTIONS PAY
A DRIVER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 A 117,254.40 1,920.00 9,600.00
B DRIVER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 B 117,254.40 1,920.00 9,600.00
C DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 C 117,254.40 1,920.00 9,600.00
D DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 D 117,254.40 1,920.00 9,600.00
E DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 E 117,254.40 1,920.00 9,600.00
F BUTCHER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 F 117,254.40 1,920.00 9,600.00
G BUTCHER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 G 117,254.40 1,920.00 9,600.00
H CASHIER/ENCODER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 H 117,254.40 1,920.00 9,600.00
853,248 54,393.60 9,600.00 63,993.60 789,254.40 938,035.20 15,360.00 76,800.00


A DRIVER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 A 117,254.40 1,920.00 9,600.00
B DRIVER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 B 117,254.40 1,920.00 9,600.00
C DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 C 117,254.40 1,920.00 9,600.00
D DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 D 117,254.40 1,920.00 9,600.00
E DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 E 117,254.40 1,920.00 9,600.00
F BUTCHER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 F 117,254.40 1,920.00 9,600.00
G BUTCHER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 G 117,254.40 1,920.00 9,600.00
853,248 54,393.60 9,600.00 63,993.60 789,254.40 938,035.20 15,360.00 76,800.00

A DRIVER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 A 117,254.40 1,920.00 9,600.00
B DRIVER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 B 117,254.40 1,920.00 9,600.00
C DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 C 117,254.40 1,920.00 9,600.00
D DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 D 117,254.40 1,920.00 9,600.00
E DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 E 117,254.40 1,920.00 9,600.00
F BUTCHER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 F 117,254.40 1,920.00 9,600.00
G BUTCHER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 G 117,254.40 1,920.00 9,600.00
853,248 54,393.60 9,600.00 63,993.60 789,254.40 938,035.20 15,360.00 76,800.00


A DRIVER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 A 117,254.40 1,920.00 9,600.00
B DRIVER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 B 117,254.40 1,920.00 9,600.00
C DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 C 117,254.40 1,920.00 9,600.00
D DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 D 117,254.40 1,920.00 9,600.00
E DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 E 117,254.40 1,920.00 9,600.00
F BUTCHER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 F 117,254.40 1,920.00 9,600.00
G BUTCHER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 G 117,254.40 1,920.00 9,600.00
853,248 54,393.60 9,600.00 63,993.60 789,254.40 938,035.20 15,360.00 76,800.00

A DRIVER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 A 117,254.40 1,920.00 9,600.00
B DRIVER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 B 117,254.40 1,920.00 9,600.00
C DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 C 117,254.40 1,920.00 9,600.00
D DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 D 117,254.40 1,920.00 9,600.00
E DELIVERY BOY 106,656 6,799.20 1,200.00 7,999.20 98,656.80 E 117,254.40 1,920.00 9,600.00
F BUTCHER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 F 117,254.40 1,920.00 9,600.00
G BUTCHER 106,656 6,799.20 1,200.00 7,999.20 98,656.80 G 117,254.40 1,920.00 9,600.00
853,248 54,393.60 9,600.00 63,993.60 789,254.40 938,035.20 15,360.00 76,800.00
TOTAL
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
1,030,195.20
TOTAL
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
1,030,195.20
TOTAL
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
1,030,195.20
TOTAL
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
1,030,195.20
TOTAL
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
128,774.40
1,030,195.20
INVENTORY
PURCHASES SALES MARK-UP
YEAR
KILO PRICE TOTAL PRICE TOTAL PRICE RATE TOTAL
2010 146,000 71.92 10,500,320.00 107.88 15,750,480.00 35.96 50% 5,250,160.00
2011 149,650 75.50 11,298,575.00 114.76 17,173,834.00 39.26 52% 5,875,259.00
2012 153,300 78.92 12,098,436.00 121.54 18,632,082.00 42.62 54% 6,533,646.00
2013 156,950 87.77 13,775,501.50 136.92 21,489,594.00 49.15 56% 7,714,092.50
2014 160,600 102.97 16,536,982.00 162.69 26,128,014.00 59.72 58% 9,591,032.00
TSIKPOINT POULTRY MEAT DISTRIBUTOR
Statement of Comprehensive Income
For the year ended December 31, 2010-2014
2010 2011 2012 2013 2014 TOTAL

SALES 15,750,480.00 17,173,834.00 18,632,082.00 21,489,594.00 26,128,014.00 99,174,004.00
COST OF GOOD SOLD 10,500,320.00 11,298,575.00 12,098,436.00 13,775,501.50 16,536,982.00 64,209,814.50
GROSS INCOME 5,250,160.00 5,875,259.00 6,533,646.00 7,714,092.50 9,591,032.00 34,964,189.50
LESS EXPENSES:
SELLING EXPENSE:
UTILITIES EXPENSE:
MERALCO 469,887.84 502,476.48 535,065.60 567,654.24 600,242.88 2,675,327.04
MAYNILAD 146,304.24 154,934.64 163,565.04 172,195.44 180,825.84 817,825.20
GAS AND OIL EXPENSE 730,000.00 803,000.00 876,000.00 949,000.00 1,022,000.00 4,380,000.00
SALARIES & WAGES EXPENSE 853,248.00 853,248.00 853,248.00 853,248.00 853,248.00 4,266,240.00
SSS PREMIUM EXPENSE 938,035.20 938,035.20 938,035.20 938,035.20 938,035.20 4,690,176.00
EC PREMIUM EXPENSE 15,360.00 15,360.00 15,360.00 15,360.00 15,360.00 76,800.00
PHILHEALTH PREMIUM EXP. 76,800.00 76,800.00 76,800.00 76,800.00 76,800.00 384,000.00
REPAIR & MAINTENANCE 65,000.00 55,000.00 75,000.00 80,000.00 120,000.00 395,000.00
DEPRECIATION EXPENSE:
SERVICE VEHICLE 440,000.00 440,000.00 440,000.00 440,000.00 440,000.00 2,200,000.00
MACHINE EQUIPMENT 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 100,000.00
TOOLS 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 500,000.00
ADMINISTRATIVE EXPENSE:
UTILITIES EXPENSE:
BAYANTEL - TELEPHONE 10,788.00 10,788.00 10,788.00 10,788.00 10,788.00 53,940.00
BAYANTEL - INTERNET 9,480.00 9,480.00 9,480.00 9,480.00 9,480.00 47,400.00
OFFICE SUPPLY EXPENSE 50,000.00 60,000.00 70,000.00 80,000.00 90,000.00 350,000.00
DEP. EXP. - BUILDING 400,000.00 400,000.00 400,000.00 400,000.00 400,000.00 2,000,000.00
TOTAL EXPENSES 4,324,903.28 4,439,122.32 4,583,341.84 4,712,560.88 4,876,779.92 22,936,708.24
PROFIT 925,256.72 1,436,136.68 1,950,304.16 3,001,531.62 4,714,252.08 12,027,481.26
PROFIT DISTRIBUTION
December 31, 2010
CAÑALES JACOBO MANALO QUERUBIN SAGUID SARDIDO SOSA TATEL TOTAL
12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 100%
BALANCE TO BE DIVIDED EQUALLY 115,657.09 115,657.09 115,657.09 115,657.09 115,657.09 115,657.09 115,657.09 115,657.09 925,256.72
SHARE OF PARTNERS IN PROFITS 115,657.09 115,657.09 115,657.09 115,657.09 115,657.09 115,657.09 115,657.09 115,657.09 925,256.72
PROFIT DISTRIBUTION
December 31, 2011
12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 100%
BALANCE TO BE DIVIDED EQUALLY 179,517.09 179,517.09 179,517.09 179,517.09 179,517.09 179,517.09 179,517.09 179,517.09 1,436,136.68
SHARE OF PARTNERS IN PROFITS 179,517.09 179,517.09 179,517.09 179,517.09 179,517.09 179,517.09 179,517.09 179,517.09 1,436,136.68
PROFIT DISTRIBUTION
December 31, 2012
12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 100%
PROFIT DISTRIBUTION
December 31, 2013
12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 100%
PROFIT DISTRIBUTION
December 31, 2014
12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 100%
Stament of Changes in Partners' Equity
For the year December 31, 2010 - 2014
2010 2011 2012 2013 2014 TOTAL
PARTNERS' EQUITY - JANUARY 5,000,000.00 5,925,256.71 7,361,393.39 9,311,697.55 12,313,229.17 39,911,576.82

ADD: ADDITIONAL INVESTMENTS - - - - - -
TOTAL 5,000,000.00 5,925,256.71 7,361,393.39 9,311,697.55 12,313,229.17 39,911,576.82
LESS: WITHDRAWALS -
BALANCES 5,000,000.00 5,925,256.71 7,361,393.39 9,311,697.55 12,313,229.17 39,911,576.82
ADD: PROFIT 925,256.71 1,436,136.68 1,950,304.16 3,001,531.62 4,714,252.08 12,027,481.25
PARTNERS' EQUITY - DECEMBER 5,925,256.71 7,361,393.39 9,311,697.55 12,313,229.17 17,027,481.25 51,939,058.07
Statement of Financial Position
For the year December 31, 2010 - 2014
2010 2011 2012 2013 2014 TOTAL

ASSETS
CURRENT ASSETS:
CASH 244,444.40 2,757,600.52 5,100,271.39 9,249,974.85 15,155,183.40 32,507,474.56
ACCOUNT RECEIVABLE 338,812.32 221,792.87 789,426.16 601,254.32 370,297.85 2,321,583.52
OFFICE SUPPLIES 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 10,000.00
TOTAL CURRENT ASSET 585,256.72 2,981,393.39 5,891,697.55 9,853,229.17 15,527,481.25 34,839,058.08
NON-CURRENT ASSETS -
LAND 1,500,000.00 1,500,000.00 1,500,000.00 1,500,000.00 1,500,000.00 7,500,000.00
BUILDING 2,000,000.00 1,600,000.00 1,200,000.00 800,000.00 400,000.00 6,000,000.00
DEP. EXP. - BUILDING (400,000.00) (400,000.00) (400,000.00) (400,000.00) (400,000.00) (2,000,000.00)
DELIVERY VEHICLES 2,200,000.00 1,760,000.00 1,320,000.00 880,000.00 440,000.00 6,600,000.00
DEP. EXP. - DELIVERY VEHICLES (440,000.00) (440,000.00) (440,000.00) (440,000.00) (440,000.00) (2,200,000.00)
MACHINERY EQUPMENT 100,000.00 80,000.00 60,000.00 40,000.00 20,000.00 300,000.00
DEP. EXP. - MACHINERY EQUIPMENT (20,000.00) (20,000.00) (20,000.00) (20,000.00) (20,000.00) (100,000.00)
TOOLS 500,000.00 400,000.00 300,000.00 200,000.00 100,000.00 1,500,000.00
DEP. EXP. - TOOLS (100,000.00) (100,000.00) (100,000.00) (100,000.00) (100,000.00) (500,000.00)
TOTAL NON-CURRENT ASSETS 5,340,000.00 4,380,000.00 3,420,000.00 2,460,000.00 1,500,000.00 17,100,000.00
TOTAL ASSETS 5,925,256.72 7,361,393.39 9,311,697.55 12,313,229.17 17,027,481.25 51,939,058.08
LIABILITIES & PARTNERSHIPS' CAPITAL
PARNERSHIPS' CAPITAL
CAÑALES, CAPITAL 740,657.09 920,174.17 1,163,962.19 1,539,153.65 2,128,435.16 6,492,382.26
JACOBO, CAPITAL 740,657.09 920,174.17 1,163,962.19 1,539,153.65 2,128,435.16 6,492,382.26
MANALO, CAPITAL 740,657.09 920,174.17 1,163,962.19 1,539,153.65 2,128,435.16 6,492,382.26
QUERUBIN, CAPITAL 740,657.09 920,174.17 1,163,962.19 1,539,153.65 2,128,435.16 6,492,382.26
SAGUID, CAPITAL 740,657.09 920,174.17 1,163,962.19 1,539,153.65 2,128,435.16 6,492,382.26
SARDIDO, CAPITAL 740,657.09 920,174.17 1,163,962.19 1,539,153.65 2,128,435.16 6,492,382.26
SOSA, CAPITAL 740,657.09 920,174.17 1,163,962.19 1,539,153.65 2,128,435.16 6,492,382.26
TATEL, CAPITAL 740,657.09 920,174.17 1,163,962.19 1,539,153.65 2,128,435.16 6,492,382.26
TOTAL PARTNERS' CAPITAL 5,925,256.72 7,361,393.39 9,311,697.55 12,313,229.17 17,027,481.25 51,939,058.08
TOTAL LIABILITIES & PARTNERSHIPS' CAPITAL 5,925,256.72 7,361,393.39 9,311,697.55 12,313,229.17 17,027,481.25 51,939,058.08
Statement of Cash Flows
For the year ended December 31, 2010 - 2014
2010 2011 2012 2013 2014 TOTAL

Cash Flows from Operating Activities:
Cash received from clients 15,411,667.68 17,290,853.45 18,064,448.71 21,677,765.84 26,358,970.47 98,803,706.15
Payments to suppliers (10,500,320.00) (11,298,575.00) (12,098,436.00) (13,775,501.50) (16,536,982.00) (64,209,814.50)
Payments for office supplies (52,000.00) (60,000.00) (70,000.00) (80,000.00) (90,000.00) (352,000.00)
Payments for gas and oil (730,000.00) (803,000.00) (876,000.00) (949,000.00) (1,022,000.00) (4,380,000.00)
Payments to repair & maintenance (65,000.00) (55,000.00) (75,000.00) (80,000.00) (120,000.00) (395,000.00)
Payments to employees (789,254.40) (789,254.40) (789,254.40) (789,254.40) (789,254.40) (3,946,272.00)
Payments for SSS (992,428.80) (992,428.80) (992,428.80) (992,428.80) (992,428.80) (4,962,144.00)
Payments for PHILHEALTH (86,400.00) (86,400.00) (86,400.00) (86,400.00) (86,400.00) (432,000.00)
Payments for EC Premium (15,360.00) (15,360.00) (15,360.00) (15,360.00) (15,360.00) (76,800.00)
Payments for utilities (636,460.08) (677,679.12) (718,898.64) (760,117.68) (801,336.72) (3,594,492.24)
Net cash provided by (used in) operating activities 1,544,444.40 2,513,156.13 2,342,670.87 4,149,703.46 5,905,208.55 16,455,183.41
Cash Flows from Investing Activities:

Payments to acquire land (1,500,000.00) - - - - (1,500,000.00)
Payments to acquire building (2,000,000.00) - - - - (2,000,000.00)
Payments to acquire delivery vehicle (2,200,000.00) - - - - (2,200,000.00)
Payments to acquire tools (500,000.00) - - - - (500,000.00)
Payments to acquire machinery equipment (100,000.00) - - - - (100,000.00)
Net cash provided by (used in) investing activities (6,300,000.00) - - - - (2,800,000.00)
Net increase (Decrease) in Cash and Cash Equivalents (4,755,555.60) 2,513,156.13 2,342,670.87 4,149,703.46 5,905,208.55 10,155,183.41
Cash and Cash Equivalents at the beginning of the period 5,000,000.00 244,444.40 2,757,600.53 5,100,271.40 9,249,974.86 22,352,291.19
Cash and Cash Equivalents at the end of the period 244,444.40 2,757,600.53 5,100,271.40 9,249,974.86 15,155,183.41 32,507,474.60
2011 2010
CURRENT YEAR AMOUNT - BASE YEAR AMOUNT CURRENT YEAR AMOUNT
= =
BASE YEAR AMOUNT BASE YEAR AMOUNT
17,173,834 - 15,750,480 15,750,480

= =
15,750,480 15,750,480
1,423,354 = 100.00%
=
15,750,480
2011
= 9.04% CURRENT YEAR AMOUNT
=
BASE YEAR AMOUNT
2012 17,173,834
=
CURRENT YEAR AMOUNT - BASE YEAR AMOUNT 15,750,480
=
BASE YEAR AMOUNT
= 109.04%
18,632,082-15,750,480
=
15,750,480 2012
CURRENT YEAR AMOUNT
=
2,881,602 BASE YEAR AMOUNT
15,750,480
2010 PERCENT 2011
ASSETS
CURRENT ASSETS:
CASH 244,444.40 0.42 2,757,600.52
ACCOUNT RECEIVABLE 338,812.32 0.58 221,792.87
OFFICE SUPPLIES 2,000.00 0.00 2,000.00
TOTAL CURRENT ASSET 585,256.72 1.00 2,981,393.39
NON-CURRENT ASSETS
LAND 1,500,000.00 0.28 1,500,000.00
BUILDING 2,000,000.00 0.37 1,600,000.00
DEP. EXP. - BUILDING (400,000.00) (0.07) (400,000.00)
DELIVERY VEHICLES 2,200,000.00 0.41 1,760,000.00
DEP. EXP. - DELIVERY VEHICLES (440,000.00) (0.08) (440,000.00)
MACHINERY EQUPMENT 100,000.00 0.02 80,000.00
DEP. EXP. - MACHINERY EQUIPMENT (20,000.00) (0.00) (20,000.00)
TOOLS 500,000.00 0.09 400,000.00
DEP. EXP. - TOOLS (100,000.00) (0.02) (100,000.00)
TOTAL NON-CURRENT ASSETS 5,340,000.00 1.00 4,380,000.00
TOTAL ASSETS 5,925,256.72 7,361,393.39
LIABILITIES & PARTNERSHIPS' CAPITAL
PARNERSHIPS' CAPITAL
CAÑALES, CAPITAL 740,657.09 0.13 920,174.17
JACOBO, CAPITAL 740,657.09 0.13 920,174.17
MANALO, CAPITAL 740,657.09 0.13 920,174.17
QUERUBIN, CAPITAL 740,657.09 0.13 920,174.17
SAGUID, CAPITAL 740,657.09 0.13 920,174.17
SARDIDO, CAPITAL 740,657.09 0.13 920,174.17
SOSA, CAPITAL 740,657.09 0.13 920,174.17
TATEL, CAPITAL 740,657.09 0.13 920,174.17
TOTAL PARTNERS' CAPITAL 5,925,256.72 1.00 7,361,393.39
TOTAL LIABILITIES & PARTNERSHIPS' CAPITAL 5,925,256.72 7,361,393.39

PERCENT 2012 PERCENT 2013 PERCENT 2014 PERCENT
0.92 5,100,271.39 0.87 9,249,974.85 0.94 15,155,183.40 0.98

0.07 789,426.16 0.13 601,254.32 0.06 370,297.85 0.02
0.00 2,000.00 0.00 2,000.00 0.00 2,000.00 0.00
1.00 5,891,697.55 1.00 9,853,229.17 1.00 15,527,481.25 1.00
0.34 1,500,000.00 0.44 1,500,000.00 0.61 1,500,000.00 1.00

0.37 1,200,000.00 0.35 800,000.00 0.33 400,000.00 0.27
(0.09) (400,000.00) (0.12) (400,000.00) (0.16) (400,000.00) (0.27)
0.40 1,320,000.00 0.39 880,000.00 0.36 440,000.00 0.29
(0.10) (440,000.00) (0.13) (440,000.00) (0.18) (440,000.00) (0.29)
0.02 60,000.00 0.02 40,000.00 0.02 20,000.00 0.01
(0.00) (20,000.00) (0.01) (20,000.00) (0.01) (20,000.00) (0.01)
0.09 300,000.00 0.09 200,000.00 0.08 100,000.00 0.07
(0.02) (100,000.00) (0.03) (100,000.00) (0.04) (100,000.00) (0.07)
1.00 3,420,000.00 1.00 2,460,000.00 1.00 1,500,000.00 1.00
9,311,697.55 12,313,229.17 17,027,481.25
0.13 1,163,962.19 0.13 1,539,153.65 0.13 2,128,435.16 0.13

0.13 1,163,962.19 0.13 1,539,153.65 0.13 2,128,435.16 0.13
0.13 1,163,962.19 0.13 1,539,153.65 0.13 2,128,435.16 0.13
0.13 1,163,962.19 0.13 1,539,153.65 0.13 2,128,435.16 0.13
0.13 1,163,962.19 0.13 1,539,153.65 0.13 2,128,435.16 0.13
0.13 1,163,962.19 0.13 1,539,153.65 0.13 2,128,435.16 0.13
0.13 1,163,962.19 0.13 1,539,153.65 0.13 2,128,435.16 0.13
0.13 1,163,962.19 0.13 1,539,153.65 0.13 2,128,435.16 0.13
1.00 9,311,697.55 1.00 12,313,229.17 1.00 17,027,481.25 1.00
9,311,697.55 12,313,229.17 17,027,481.25

=18,632,082
= 18.30% 15,750,480
= 118.30%
2013
CURRENT YEAR AMOUNT - BASE YEAR AMOUNT 2013
=
BASE YEAR AMOUNT =
CURRENT YEAR AMOUNT
BASE YEAR AMOUNT
21,489,594-15,750,480
=
15,750,480 =21,489,594
15,750,480
5,739,114
=
15,750,480 = 136.44%
= 36.44% 2014
= YEAR AMOUNT
CURRENT
BASE YEAR AMOUNT
2014
=26,128,014
CURRENT YEAR AMOUNT - BASE YEAR AMOUNT
=
BASE YEAR AMOUNT 15,750,480
26,128,014-15,750,480 = 165.89%
=
15,750,480
###
=
15,750,480
= 65.89%
2010 PERCENT 2011 PERCENT
SALES 15,750,480.00 300.00% 17,173,834.00 292.31%
COST OF GOOD SOLD 10,500,320.00 200.00% 11,298,575.00 192.31%
GROSS PROFIT 5,250,160.00 100.00% 5,875,259.00 100.00%
LESS EXPENSES:
SELLING EXPENSE:
UTILITIES EXPENSE:
MERALCO 469,887.84 8.95% 502,476.48 8.55%
MAYNILAD 146,304.24 2.79% 154,934.64 2.64%
GAS AND OIL EXPENSE 730,000.00 13.90% 803,000.00 13.67%
SALARIES & WAGES EXPENSE 853,248.00 16.25% 853,248.00 14.52%
SSS PREMIUM EXPENSE 938,035.20 17.87% 938,035.20 15.97%
EC PREMIUM EXPENSE 15,360.00 0.29% 15,360.00 0.26%
PHILHEALTH PREMIUM EXP. 76,800.00 1.46% 76,800.00 1.31%
REPAIR & MAINTENANCE 65,000.00 1.24% 55,000.00 0.94%
DEPRECIATION EXPENSE:
SERVICE VEHICLE 440,000.00 8.38% 440,000.00 7.49%
MACHINE EQUIPMENT 20,000.00 0.38% 20,000.00 0.34%
TOOLS 100,000.00 1.90% 100,000.00 1.70%
ADMINISTRATIVE EXPENSE:
UTILITIES EXPENSE:
BAYANTEL - TELEPHONE 10,788.00 0.21% 10,788.00 0.18%
BAYANTEL - INTERNET 9,480.00 0.18% 9,480.00 0.16%
OFFICE SUPPLY EXPENSE 50,000.00 0.95% 60,000.00 1.02%
DEP. EXP. - BUILDING 400,000.00 7.62% 400,000.00 6.81%
TOTAL EXPENSES 4,324,903.28 82.38% 4,439,122.32 75.56%
PROFIT 925,256.72 17.62% 1,436,136.68 24.44%

2012 PERCENT 2013 PERCENT 2014 PERCENT
18,632,082.00 285.17% 21,489,594.00 278.58% 26,128,014.00 272.42%
12,098,436.00 185.17% 13,775,501.50 178.58% 16,536,982.00 172.42%
6,533,646.00 100.00% 7,714,092.50 100.00% 9,591,032.00 100.00%
535,065.60 8.19% 567,654.24 7.36% 600,242.88 6.26%

163,565.04 2.50% 172,195.44 2.23% 180,825.84 1.89%
876,000.00 13.41% 949,000.00 12.30% 1,022,000.00 10.66%
853,248.00 13.06% 853,248.00 11.06% 853,248.00 8.90%
938,035.20 14.36% 938,035.20 12.16% 938,035.20 9.78%
15,360.00 0.24% 15,360.00 0.20% 15,360.00 0.16%
76,800.00 1.18% 76,800.00 1.00% 76,800.00 0.80%
75,000.00 1.15% 80,000.00 1.04% 120,000.00 1.25%
440,000.00 6.73% 440,000.00 5.70% 440,000.00 4.59%

20,000.00 0.31% 20,000.00 0.26% 20,000.00 0.21%
100,000.00 1.53% 100,000.00 1.30% 100,000.00 1.04%
10,788.00 0.17% 10,788.00 0.14% 10,788.00 0.11%

9,480.00 0.15% 9,480.00 0.12% 9,480.00 0.10%
70,000.00 1.07% 80,000.00 1.04% 90,000.00 0.94%
400,000.00 6.12% 400,000.00 5.19% 400,000.00 4.17%
4,583,341.84 70.15% 4,712,560.88 61.09% 4,876,779.92 50.85%
1,950,304.16 29.85% 3,001,531.62 38.91% 4,714,252.08 49.15%

Payroll Sheet Employers' Contributions December 31, 2010 December 31, 2010

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Payroll Sheet Employers' Contributions December 31, 2010 December 31, 2010

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PAYROLL SHEET EMPLOYERS' CONTRIBUTIONS

December 31, 2010 December 31, 2010

NAMES POSITION ANNUAL SSS PHILHEALTH TOTAL ANNUAL NET