YEAR 2016

JO NO. (All)
NAME OF
ACTUAL SALES TARGET SALES % ACHIEVEMENT
MONTH 2016 SALES
February 54,794.00 646,000.00 8.5%
March 400,780.50 651,000.00 61.6% 450,000.00
April 376,643.60 651,000.00 57.9%
400,000.00
May 206,403.35 200,000.00 103.2%
350,000.00
June 121,905.50 200,000.00 61.0%
July 140,850.40 200,000.00 70.4% 300,000.00
August 109,961.75 1,934,000.00 5.7% 250,000.00
September 133,583.50 1,934,000.00 6.9% 200,000.00
ACTUAL SALES
October 131,984.00 1,934,000.00 6.8% 150,000.00
November 111,366.00 1,934,000.00 5.8% 100,000.00
December 138,845.00 1,934,000.00 7.2% 50,000.00
Grand Total 1,927,117.60 12,218,000.00 15.8% -

*January has no sales since start of operation was last February 8, 2016.

SALES vs. TARGET

2,000,000.00

1,500,000.00

1,000,000.00
ACTUAL SALES
500,000.00
TARGET SALES
-
ALCONS DESIGN & PRINT
Brgy. Pooc Occidental, Tubigon, Bohol 6329
STATEMENT OF FINANCIAL PERFORMANCE
For the period January to December 31, 2016

JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER TOTAL MO. AVER. % SHARE
SALES - 54,794.00 400,780.50 376,643.60 206,403.35 121,905.50 140,850.40 109,961.75 133,583.50 131,984.00 111,366.00 138,845.00 1,927,117.60 160,593.13
COST OF SERVICES 2,340.00 30,136.70 196,572.53 169,538.93 124,819.15 89,768.56 51,753.00 27,097.40 37,686.00 20,070.00 44,898.30 41,403.60 836,084.17 69,673.68
GROSS PROFIT - 2,340.00 24,657.30 204,207.97 207,104.67 81,584.20 32,136.94 89,097.40 82,864.35 95,897.50 111,914.00 66,467.70 97,441.40 1,091,033.43 90,919.45
% of Sales 0% 45% 51% 55% 40% 26% 63% 75% 72% 85% 60% 70% 57% 57%

DEPRECIATION EXPENSE for EQUIPMENTS

Machine 23,333.33 23,333.33 23,333.33 23,333.33 23,333.33 23,333.33 23,333.33 23,333.33 23,333.33 23,333.33 233,333.30 19,444.44 81%
Motorcycle 2,347.63 2,347.63 2,347.63 2,347.63 2,347.63 2,347.63 2,347.63 2,347.63 2,347.63 21,128.67 1,760.72 7%
Aircon 2,183.00 2,183.00 2,183.00 2,183.00 2,183.00 2,183.00 2,183.00 2,183.00 2,183.00 2,183.00 21,830.00 1,819.17 8%
Laptop & Cellphone 535.67 535.67 535.67 535.67 535.67 535.67 535.67 535.67 535.67 535.67 535.67 5,892.37 491.03 2%
Ink jet Printer 391.25 391.25 391.25 391.25 391.25 391.25 391.25 391.25 391.25 391.25 391.25 4,303.75 358.65 1%
Machine AVR 93.83 93.83 93.83 93.83 93.83 93.83 93.83 93.83 93.83 93.83 93.83 1,032.13 86.01 0%
Furniture 48.21 48.21 48.21 48.21 48.21 48.21 48.21 48.21 385.68 32.14 0%
Subtotal - 1,020.75 26,537.08 28,884.71 28,932.92 28,932.92 28,932.92 28,932.92 28,932.92 28,932.92 28,932.92 28,932.92 287,905.90 23,992.16 100%

DEPRECIATION EXPENSE for LEASEHOLD IMPROVEMENTS

CONSTRUCTION COST 1,944.44 1,944.44 1,944.44 1,944.44 1,944.44 1,944.44 1,944.44 1,944.44 1,944.44 1,944.44 1,944.44 21,388.84 1,782.40 100%
Subtotal - 1,944.44 1,944.44 1,944.44 1,944.44 1,944.44 1,944.44 1,944.44 1,944.44 1,944.44 1,944.44 1,944.44 21,388.84 1,782.40

OPERATING EXPENSES
Salaries 10,000.00 37,963.43 56,575.00 61,236.50 55,947.75 51,458.47 31,455.15 22,638.00 29,147.00 41,480.00 42,241.00 25,617.00 465,759.30 38,813.28 47%
Meals 1,483.50 3,115.13 5,437.50 13,361.89 14,814.29 7,353.41 10,013.48 8,187.75 8,723.25 10,826.25 8,919.00 9,567.00 101,802.44 8,483.54 10%
Office Supplies 2,014.01 14,734.30 7,165.17 14,497.81 5,311.08 8,554.04 3,568.08 4,335.80 3,268.65 2,445.80 2,506.63 761.60 69,162.95 5,763.58 7%
Interest Expense 9,187.50 12,149.97 1,200.00 17,009.99 1,800.00 10,200.00 13,291.50 64,838.96 5,403.25 7%
Space Rentals 3,000.00 3,000.00 3,000.00 3,000.00 4,430.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 34,430.00 2,869.17 3%
Airfare 10,815.00 4,625.88 6,000.00 9,750.00 31,190.88 2,599.24 3%
Transportation 505.00 1,766.00 2,515.00 8,614.50 3,757.56 2,029.00 1,558.69 1,719.20 1,546.30 1,052.10 1,278.20 1,021.30 27,362.85 2,280.24 3%
Taxes & Licenses 2,640.00 1,500.00 350.00 6,863.31 9,590.00 1,352.82 1,410.61 758.95 764.01 1,125.45 982.35 27,337.50 2,278.12 3%
Sponsorship 2,000.00 20,940.00 2,200.00 25,140.00 2,095.00 3%
Telephone & Internet Bill 6,970.10 3,009.00 2,011.93 1,496.40 1,530.00 1,620.00 1,722.00 1,524.00 1,647.00 1,680.00 1,554.00 24,764.43 2,063.70 3%
Electricity 395.50 398.21 1,701.97 3,448.20 3,467.47 2,616.70 2,688.53 2,142.00 2,516.50 2,691.50 1,788.50 23,855.07 1,987.92 2%
Contracted Services 1,240.00 600.00 1,150.00 2,270.00 3,380.00 3,880.00 4,257.00 3,000.00 1,770.00 1,300.00 22,847.00 1,903.92 2%
Freight & Handling 4,518.76 5,136.61 1,623.00 275.06 212.00 5,543.00 99.00 254.00 349.00 224.00 18,234.43 1,519.54 2%
Repairs & Maintenance 760.00 3,304.00 3,189.50 1,835.00 1,040.00 4,000.00 430.00 515.00 485.00 15,558.50 1,296.54 2%
Gasoline 955.00 1,945.64 2,424.00 1,590.00 555.00 1,588.00 730.00 1,186.00 1,953.00 821.00 900.00 14,647.64 1,220.64 1%
Load 100.00 150.00 716.00 1,256.00 706.00 452.00 90.00 1,050.00 875.00 570.00 5,965.00 497.08 1%
Hotel Accomodation 3,400.00 850.00 4,250.00 354.17 0%
Miscellaneous 500.00 30.00 2,900.00 295.00 145.00 60.00 100.00 100.00 4,130.00 344.17 0%
Water Bill 265.18 300.00 375.00 148.00 665.00 1,753.18 146.10 0%
Notary 100.00 500.00 150.00 750.00 62.50 0%
Subtotal 17,638.01 76,967.90 100,009.63 125,157.58 128,799.52 107,554.86 74,132.92 52,740.89 76,563.13 82,116.66 80,936.78 61,162.25 983,780.11 81,981.68 100%

TOTAL EXPENSES 17,638.01 79,933.09 128,491.15 155,986.73 159,676.88 138,432.22 105,010.28 83,618.25 107,440.49 112,994.02 111,814.14 92,039.61 1,293,074.85 107,756.24

NET INCOME (LOSS) - 19,978.01 - 55,275.79 75,716.83 51,117.94 - 78,092.68 - 106,295.28 - 15,912.88 - 753.90 - 11,542.99 - 1,080.02 - 45,346.44 5,401.79 - 202,041.42 - 16,836.79
% of Sales 0% -101% 19% 14% -38% -87% -11% -1% -9% -1% -41% 4% -10% -10%
ALCONS DESIGN & PRINT
Brgy. Pooc Occidental, Tubigon, Bohol 6329
CASH FLOW STATEMENT
For the period January to December 31, 2016

CASH FLOW STATEMENT JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER
Beginning Balance - 177,882.00 50,551.40 104,270.59 154,951.34 112,515.03 52,166.42 26,033.58 70,153.05 47,936.74 68,353.42 45,873.68
CASH INFLOW
CAPITAL 350,000.00 40,000.00 45,000.00 80,000.00 50,000.00 55,000.00
SHARE OF HD MUGA 10,000.00 5,500.00 5,500.00 8,000.00 9,500.00 10,000.00 10,110.00 10,150.00 11,650.00 10,500.00 12,300.00
SALES 54,794.00 400,780.50 376,643.60 206,403.35 121,905.50 140,850.40 109,961.75 133,583.50 131,984.00 111,366.00 138,845.00
less: Accounts Receivable 900.00
TOTAL CASH INFLOW 350,000.00 242,676.00 456,831.90 486,414.19 409,354.69 288,920.53 203,016.82 226,105.33 213,886.55 241,570.74 245,219.42 196,118.68

CASH OUTFLOW
Cost of Services 2,340.00 30,136.70 196,572.53 169,538.93 124,819.15 89,768.56 51,753.00 27,097.40 37,686.00 20,070.00 44,898.30 41,403.60
Construction Cost 70,000.00
Mo. Installment from Short-term Loans Payable 11,833.33 11,250.00 10,666.66 20,183.33 19,700.00 45,916.66 37,313.33 41,433.33 52,313.33 39,497.00
Properties & Equipments
Machine 120,000.00 23,333.33 23,333.33 23,333.33 23,333.33 23,333.33 23,333.33 23,333.33 23,333.33 23,333.33 23,333.33
Motorcycle 30,000.00 5,881.00 5,881.00 5,881.00 5,881.00 5,881.00 5,881.00 5,881.00 5,881.00
Aircon 2,183.00 2,183.00 2,183.00 2,183.00 2,183.00 2,183.00 2,183.00 2,183.00 2,183.00
Laptop & Cellphone 32,140.00
Ink jet Printer 9,390.00
Machine AVR 5,630.00
Furniture 1,157.00
Operating Expenses
Salaries 10,000.00 37,963.43 56,575.00 61,236.50 55,947.75 51,458.47 31,455.15 22,638.00 29,147.00 41,480.00 42,241.00 25,617.00
Meals 1,483.50 3,115.13 5,437.50 13,361.89 14,814.29 7,353.41 10,013.48 8,187.75 8,723.25 10,826.25 8,919.00 9,567.00
Office Supplies 2,014.01 14,734.30 7,165.17 14,497.81 5,311.08 8,554.04 3,568.08 4,335.80 3,268.65 2,445.80 2,506.63 761.60
Space Rentals - 3,000.00 3,000.00 3,000.00 3,000.00 4,430.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
Airfare - - - 10,815.00 4,625.88 - 6,000.00 - - 9,750.00 - -
Transportation 505.00 1,766.00 2,515.00 8,614.50 3,757.56 2,029.00 1,558.69 1,719.20 1,546.30 1,052.10 1,278.20 1,021.30
Taxes & Licenses 2,640.00 - 1,500.00 350.00 6,863.31 9,590.00 1,352.82 1,410.61 758.95 764.01 1,125.45 982.35
Sponsorship - - - 2,000.00 20,940.00 - - - - - 2,200.00 -
Telephone & Internet Bill - 6,970.10 3,009.00 2,011.93 1,496.40 1,530.00 1,620.00 1,722.00 1,524.00 1,647.00 1,680.00 1,554.00
Electricity 395.50 - 398.21 1,701.97 3,448.20 3,467.47 2,616.70 2,688.53 2,142.00 2,516.50 2,691.50 1,788.50
Contracted Services - - 1,240.00 600.00 1,150.00 2,270.00 3,380.00 3,880.00 4,257.00 3,000.00 1,770.00 1,300.00
Freight & Handling - 4,518.76 5,136.61 1,623.00 275.06 212.00 5,543.00 99.00 - 254.00 349.00 224.00
Repairs & Maintenance - - - 760.00 3,304.00 3,189.50 1,835.00 1,040.00 4,000.00 430.00 515.00 485.00
Gasoline - 955.00 1,945.64 2,424.00 1,590.00 555.00 1,588.00 730.00 1,186.00 1,953.00 821.00 900.00
Load 100.00 150.00 - 716.00 1,256.00 706.00 452.00 90.00 - 1,050.00 875.00 570.00
Hotel Accomodation - 3,400.00 - 850.00 - - - - - - - -
Miscellaneous 500.00 30.00 2,900.00 295.00 145.00 60.00 - - - - 100.00 100.00
Water Bill - 265.18 - 300.00 375.00 - - - - 148.00 665.00 -
Notary - 100.00 - - 500.00 - 150.00 - - - - -
TOTAL CASH OUTFLOW 172,118.01 192,124.60 352,561.32 331,462.84 296,839.66 236,754.11 176,983.25 155,952.28 165,949.81 173,217.32 199,345.74 160,168.68

CASH BALANCE, END. 177,882.00 50,551.40 104,270.59 154,951.34 112,515.03 52,166.42 26,033.58 70,153.05 47,936.74 68,353.42 45,873.68 35,950.00
ALCONS DESIGN & PRINT
Brgy. Pooc Occidental, Tubigon, Bohol 6329
STATEMENT OF FINANCIAL POSITION
For the period as of December 31, 2016

ASSETS LIABILITIES

Current Assets Notes Amount Notes Amount

Cash on hand & in bank 35,950.00 Accounts Payable 3 105,800.00
Accounts Receivable 1 900.00 Loans Payable 4 300,000.00
Inventories 179,028.32
Subtotal 215,878.32 TOTAL LIABILITIES 405,800.00

Non-current Assets
Machine, net 2 46,666.70 OWNER'S EQUITY
Motorcycle, net 2 119,729.33 Owner's Equity 300,000.00
Construction Cost, net 2 48,611.16 Net Income (Loss) - 202,041.42
Aircon, net 2 36,170.00
Laptop & Cellphone, net 2 26,247.63 TOTAL EQUITY 97,958.58
Ink jet Printer, net 2 5,086.25
Machine AVR, net 2 4,597.87
Furniture, net 2 771.32
Subtotal 287,880.26

TOTAL ASSETS 503,758.58 TOTAL LIABILITES & EQUITY 503,758.58

REMARKS
1) COST OF SERVICES are purchases of Direct Cost of Materials such as Rolls of Tarpaulin, Inks, Printing fee for Silkscreen & others
2) For Depreciation: (Straight Line Depreciation)
EQUIPMENT VALUE Useful Life
Machine 400,000.00 Depreciated according to amount of monthly installment
Motorcycle 140,858.00 Depreciated according to amount of monthly installment
Aircon 58,000.00 Depreciated according to amount of monthly installment
Laptop & Cellphone 32,140.00 5 yrs
Ink jet Printer 9,390.00 2 yrs
Machine AVR 5,630.00 5 yrs
Furniture 1,157.00 2 yrs

LEASEHOLD IMP. VALUE Useful Life

Construction Cost 70,000.00 3 yrs

3) SALARIES comprised 47% from the TOTAL Operating Cost.

Increase in salaries was during the months of March-May, Election period where in we added part-time employees due to the continuous operation.

4) For SPONSORCHIP expense, Alcons gave financial assistance to Honey's father worth P20,000 during his election campaign. The bookkeeping business of Honey
gave a counterpart worth P40,000.

5) MEALS AND OFFICE SUPPLIES gained a significant share in the expenses.

6) Airfare and Hotel Accomodation expenses were coming from payments during the visit of machine technicians and Aldrin's participation at the Trade Expo in
Manila.

7) Percentage share of HD Muga Accounting & Tax Services in the expenses:

Account Name Percentage Share
OFFICE SUPPLIES 30%
TRANSPORTATION 50% (April-June); 30% (July-Aug)
SPANCE RENTAL 50%
TELEPHONE & INTERNET 40%
ELECTRICITY 30%
Meal & Interest Expense 25%

8) Interest expenses came from the interests of borrowed money from the following persons:
Total
Principal
Name of Lender Interest Amount
Loan
Payable
Mr. Johan Van Den Bogaard 300,000.00 - 300,000.00
Maruja Inacay 50,000.00 12,250.00 62,250.00
LAMAC Multi-purpose Cooperative 45,000.00 16,199.96 61,199.96
Alvie Pancieto 30,000.00 1,900.00 31,900.00
Mr. Bobby Lopez 50,000.00 14,999.98 64,999.98 Sep 2016 started
Mr. Bobby Lopez 55,000.00 16,502.00 71,502.00 Dec 2016 started
Card, Inc 30,000.00 7,680.00 37,680.00 Sep 2016 started
LAMAC Multi-purpose Cooperative 50,000.00 11,200.00 61,200.00 Nov 2016 started
TOTAL 610,000.00 80,731.94 690,731.94