Bondi Icebergs Club Limited

Statement of Profit or Loss and Other Comprehensive Inome

For the Year Ended June 2018

Note 2018 ($) 2017 ($)

Revenue 2 7,045,968 6,743,465

Administrative Expenses 76,415 74,400
Marketing Expenses 3 47,855 34,162
Cost of Goods Sold 3 3,634,736 3,518,200
Employee Benefits Expense 1,045,995 1,015,077
Entertainment & Marketing 80,523 87,653
Printing, Stationary & Telephone 39,614 50,289
Cleaning 137,743 126,636
Depreciation & Amortisation 3 268,051 209,798
Glass, Crockery & Replacements 19,970 20,066
Repairs & Maintenance 144,991 117,951
Insurance 73,920 57,417
Bondi Trust Expenses 156,796 156,359
Professional Fees 107,969 108,696
Hire Charges 8,964 8,076
Rental Expenses 20,876 104,895
Finance Costs 3 18,296 -
Other Expenses 562,230 525,742

Total Expenses 6,445,044 6,215,417

Profit from continuing operations 600,924 528,048

Income tax expense 1(b) - -

Profit for the year 600,924 528,048

Other Comprehensive Income - -

Total comprehensive income for the year 600,924 528,048

ive Inome

Increase (Decrease)

Amount Percentage

302,503 4.29
2,015 2.71
Revenue
13,693 40.08
116,536 3.31 Increase by $302,503 (2018
30,918 3.05 $6,743,465).
-7,130 -8.13
-10,675 -21.23
11,107 8.77
58,253 27.77
-96 -0.48
27,040 22.92
16,503 28.74
437 0.28
-727 -0.67
888 10.1
-84,019 -80.09
18,296 0
36,488 6.94

229,627 3.69

72,876 13.8
-

72,876 13.8
-

72,876 13.8
Revenue

Increase by $302,503 (2018 $7,045,968- 2017

$6,743,465).

Net Profit

$600, 924 (after providing depreciation $268,051)

compared to 2017 $528,048 (depreciation
209,798), an icrease of $72,876. The increase in
net profit was due to an increase in revenue.

Expenditures

Increased by ($229, 627). This increase was due to

an increase in Cost of Goods Sold $116,536.
Amortization of Leasehold 60,000. Employee
Benefits Expenses of $30,918, Credit/Merchant
Fees of $14,930.
 Bondi Iceberg Club Limited
Income Statement
For the year eneded December, 31 2019

Note 2018 ($) 2017 ($)

Revenue 2 7,045,968 6,743,465
Administrative Expenses 76,415 74,400
Marketing Expenses 3 47,855 34,162
Cost of Goods Sold 3 3,634,736 3,518,200
Employee Benefits Expense 1,045,995 1,015,077
Entertainment & Marketing 80,523 87,653
Printing, Stationary & Telephone 39,614 50,289
Cleaning 137,743 126,636
Depreciation & Amortisation 3 268,051 209,798
Glass, Crockery & Replacements 19,970 20,066
Repairs & Maintenance 144,991 117,951
Insurance 73,920 57,417
Bondi Trust Expenses 156,796 156,359
Professional Fees 107,969 108,696
Hire Charges 8,964 8,076
Rental Expenses 20,876 104,895
Finance Costs 3 18,296 -
Other Expenses 562,230 525,742

Total Expenses 6,445,044 6,215,417

Profit from continuing operations 600,924 528,048

Income tax expense 1(b) - -

Profit for the year 600,924 528,048

Other Comprehensive Income - -

Total comprehensive income for the year 600,924 528,048

019

20x2 20x1
Percentage Percentage
104 100
103 100 The revenue of the Icebergs CLub Limited have
increased from the percentage in 2018 is 104 as
140 100 compared to 100 in 2017. The incease in revenue is
103 100 quite favorable.
103 100
92 100
79 100
109 100
128 100 Profit before tax has substantially. In a two years
100 100 period it has increased from 100 to 114. The
comparative increased in profit is much higher in
123 100 2018 as compared to 2017.
129 100
100 100
99 100
111 100
20 100
100
The expenditures in 2018 has increased
107 100 compared to 2017. From 100 to 104 percent. This
increase was due to increase of Marketing
Expenses from 100 to 140 percent.
104 100
100
114 100
100

114 100
100

114 100