Income Statement

Net Sales
CoGS
Gross Profit
Operating Expenses
Advertisement and other Promotions
Food Supplies
Supplies Expense for each production
Factory Rent Expense
Factory Utilities
Maynilad
Meralco
Globe Internet Plan 999
Administrative
Quarterly Bonus for Regular Worker
Wages of Clerks (Hourly Base-pay)
Salaries of Managers (Monthly Base Pay)
Total Operating Expenses
Operation Profit
Other Income on Leasing
Other Expenses
Earnings Before Interest and Taxes
Interest Earned
Interest Expenses
Total
Earnings Before Taxes
Percentage (Taxes for Net Sales) (3% of the net income) This not the actual representative of the Philippine Taxes
Total Taxes to be Paid
Net Income After Taxes and Interest

WRITTEN IN THIS COLOR ARE EXAMPLES ONLY. ADD AND REMOVE DEPENDING ON BUSINESS
 2021

January February March April May June

July August September October November December
Income Statement
Net Sales
CoGS
Gross Profit
Operating Expenses
Advertisement and other Promotions
Food Supplies
Supplies Expense for each production
Factory Rent Expense
Factory Utilities
Maynilad
Meralco
Globe Internet Plan 999
Administrative
Quarterly Bonus for Regular Worker
Wages of Clerks (Hourly Base-pay)
Salaries of Managers (Monthly Base Pay)
Total Operating Expenses
Operation Profit
Other Income on Leasing
Other Expenses
Earnings Before Interest and Taxes
Interest Earned
Interest Expenses
Total
Earnings Before Taxes
Percentage (Taxes for Net Sales) (3% of the net income) This not the actual representative of the Philippine Taxes
Total Taxes to be Paid
Net Income After Taxes and Interest

WRITTEN IN THIS COLOR ARE EXAMPLES ONLY. ADD AND REMOVE DEPENDING ON BUSINESS
 2022

January February March April May June

July August September October November December
Income Statement
Net Sales
CoGS
Gross Profit
Operating Expenses
Advertisement and other Promotions
Food Supplies
Supplies Expense for each production
Factory Rent Expense
Factory Utilities
Maynilad
Meralco
Globe Internet Plan 999
Administrative
Quarterly Bonus for Regular Worker
Wages of Clerks (Hourly Base-pay)
Salaries of Managers (Monthly Base Pay)
Total Operating Expenses
Operation Profit
Other Income on Leasing
Other Expenses
Earnings Before Interest and Taxes
Interest Earned
Interest Expenses
Total
Earnings Before Taxes
Percentage (Taxes for Net Sales) (3% of the net income) This not the actual representative of the Philippine Taxes
Total Taxes to be Paid
Net Income After Taxes and Interest

WRITTEN IN THIS COLOR ARE EXAMPLES ONLY. ADD AND REMOVE DEPENDING ON BUSINESS
 2023

January February March April May June

July August September October November December
 2021 Jan 2021 Feb 2021 Mar 2021 Apr
Net Sales
CoGS
Gross Profit
Opex - Variable
Opex - Fix
Operation Profit
Other Income
Other Expenses
Earnings Before Interest and Taxes
Interest
Earnings Before Taxes
Taxes
Net Income After Taxes and Interest
2021 May 2021 Jun 2021 Jul 2021Aug 2021 Sep 2021 Oct 2021 Nov
2021 Dec
 2022 Jan 2022 Feb 2022 Mar 2022 Apr
Net Sales
CoGS
Gross Profit
Opex - Variable
Opex - Fix
Operation Profit
Other Income
Other Expenses
Earnings Before Interest and Taxes
Interest
Earnings Before Taxes
Taxes
Net Income After Taxes and Interest
2022 May 2022 Jun 2022 Jul 2022 Aug 2022 Sep 2022 Oct 2022 Nov
2022 Dec
 2023 Jan 2023 Feb 2023 Mar 2023 Apr
Net Sales
CoGS
Gross Profit
Opex - Variable
Opex - Fix
Operation Profit
Other Income
Other Expenses
Earnings Before Interest and Taxes
Interest
Earnings Before Taxes
Taxes
Net Income After Taxes and Interest
2023 May 2023 Jun 2023 Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov
2023 Dec
 INCOME STATEMENT 2023 2022 2021

Gross sales
Sales Discounts and/or Returns
Net Sales 82,352,527.00 70,024,196.00 61,984,429.50
Cost of Service Rendered 50,539,565.00 43,960,532.00 38,283,202.00
Gross Profit 31,812,962.00 26,063,664.00 23,701,227.50
Operating Expenses 4,550,664.00 3,637,422.50 3,515,675.00
Operating Profit 27,262,298.00 22,426,241.50 20,185,552.50
Other Income 770,358.50 1,124,279.50 329,968.00
Other Expenses 635,140.50 598,038.00 526,603.50
Earnings Before Interest and Taxes 27,397,516.00 22,952,483.00 19,988,917.00
Interest Expense 4,797,001.50 3,957,163.00 3,657,193.50
Earnings Before Taxes 22,600,514.50 18,995,320.00 16,331,723.50
Income Tax 5,992,220.00 4,912,490.50 4,115,831.00
Net Profit 16,608,294.50 23,907,810.50 12,215,892.50
 VERTICAL HORIZONTAL
2021-2022
2023 2022 2021
PESO △%

100.00% 100.00% 100.00% 24,656,662.00 17.61%

61.37% 62.78% 61.76% 13,158,066.00 14.97%
38.63% 37.22% 38.24% 11,498,596.00 22.06%
5.53% 5.19% 5.67% 1,826,483.00 25.11%
33.10% 32.03% 32.57% 9,672,113.00 21.56%
0.94% 1.61% 0.53% -707,842.00 -31.48%
0.77% 0.85% 0.85% 74,205.00 6.20%
33.27% 32.78% 32.25% 8,890,066.00 19.37%
5.82% 5.65% 5.90% 1,679,677.00 21.22%
27.44% 27.13% 26.35% 7,210,389.00 18.98%
7.28% 7.02% 6.64% 2,159,459.00 21.98%
20.17% 34.14% 19.71% -14,599,032.00 -30.53%
HORIZONTAL
2022-2023
PESO △%

16,079,533.00 12.97%
11,354,660.00 14.83%
4,724,873.00 9.97%
243,495.00 3.46%
4,481,378.00 11.10%
1,588,623.00 240.72%
142,869.00 13.57%
5,927,132.00 14.83%
599,939.00 8.20%
5,327,193.00 16.31%
1,593,319.00 19.36%
23,383,836.00 95.71%