Income Statement for Pizza Co.

October 2011

Revenue
Number of Pizzas sold
Price per Pizza
Total Revenue

1,000
350
350,000

Dough
Cheese
Olive Oil
Vegetables
Cost of Goods Sold / COGS

25,000
45,000
25,000
45,000
140,000

Gross Margin

210,000

Operating Expenses / Overheads / Fixed Costs

Rent
Marketing
Salaries
Administrative
Operating Expenses
Operating Income / PBT / Profit Before Tax
Taxes
Interest
Net Income / PAT / Proft After Tax

10,000
25,000
35,000
25,000
95,000
115,000
23,000
5000
87,000

Gross Margin = Revenue - COGS

Operating Income = Gross Margin - Operating Expenses

Net Income = Operating Income - Taxes - Interest

ing Expenses

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