ASSETS

CURRENT ASSETS
CASH
Accounts receivable
Inventories
Other Current Assets
TOTAL CURRENT ASSETS
NON-CURRENT ASSETS
Propert & Equipment
Other Assets
TOTAL NON-CURRENT ASSETS
TOTAL ASSETS
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABLITIES
CURRENT LIABILITIES
Trade and Other Payables
Income Tax Payable
TOTAL CURRENT LIABILITIES
NON-CURRENT LIABILITIES
Advances from Stockholders
TOTAL LIABILITIES
STOCKHOLERS' EQUITY
Share Capital
Deficit
TOTAL STOCKHOLDERS' EQUITY
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

REVENUES
COST OF SALES
GROSS INCOME
ADMINISTRATIVE EXPENSES
NET INCOME BEFORE INCOME TAX
PROVISION FOR INCOME TAX
NET INCOME FOR THE YEAR
DEFICIT AT THE START OF THE YEAR

10919019

0.27

DEFICIT AT THE END OF THE YEAR

CASH FLOWS FROM OPERATING ACTIVITIES

INCOME(Loss) for the year BEFORE Income tax
Provison for Income Tax
Operating income before operating capital changes
(Increase)Decrease in:
Accounts Receivable
Inventories
Other Current Assets
Increase(Decrease in)
Trade and Other Payables
Income Tax Payable
Net effect in working capital changes
Net cash provide by operating activities
NET INCREASE(DECREASE) IN CASH
CASH
BEGINNING BALANCE
CASH
ENDING BALANCE

BALANCE JANUARY 1, 2014

Net Income revognized for the year
BALANCE AT DECEMBER 31.2014
Net Income revognized for the year
BALANCE AT DECEMBER 31.2015

2015

2014

176,991.00
48,009.00
10,621,008.00
37,012.00
10,883,020.00

283,225.00
23,660.00
10,336,434.00
36,810.00
10,680,129.00

36,000.00
36,000.00
10,919,020.00

36,000.00
36,000.00
10,716,129.00

8,547,218.00
52,438.00
8,599,656.00

8,456,664.00
62,456.00
8,519,120.00

4,500,475.00
13,100,131.00

4,500,475.00
13,019,595.00

250,000.00
(2,431,112.00)
(2,181,112.00)

250,000.00
(2,553,467.00)
(2,303,467.00)

10,919,019.00

10,716,128.00

4,223,630.00
(3,090,818.00)
1,132,812.00

5,415,222.00
(4,256,609.00)
1,158,613.00

(958,018.00)
174,794.00
(52,438.00)
122,356.00
(2,553,467.00)

(950,425.00)
208,188.00
(62,456.00)
145,732.00
(2,669,199.00)

0.213954848

5,924,260.0
2,280,730.00
3,643,530.00
(1,300,000.00)
2,343,530.00
-52438
2,291,092.00

(2,431,111.00)

(2,523,467.00)

174,793.00
(52,438.00)
122,355.00

208,188.00
(62,456.00)
145,732.00

(24,349.00)
(284,574.00)
(202.00)

(6,510.00)
(449,125.00)
(26,556.00)

90,554.00
(10,018.00)
(228,589.00)

332,074.00
29,715.00
(120,402.00)

(106,234.00)

25,330.00

(106,234.00)

25,330.00

283,225.00

257,895.00

176,991.00

283,225.00

SHARE CAPITAL
CUMULATIVE EARNINGS
TOTAL
250,000.00
(2,699,199.00)
145,732.00
250,000.00
(2,553,467.00)
122,355.00
250,000.00
(2,431,112.00)

EQUITY
-2449199
145732
-2303467
122355
-2181112