Hayahay

St
F

January February March

Revenues
Room 1,679,136.76 1,836,759.14 1,639,237.05
Food and Beverage 953,522.50 921,849.94 856,066.67
Other Service Operations 858,164.81 914,909.21 934,572.85
3,490,824.07 3,673,518.29 3,429,876.57

Cost of Sales and Services

Food and Beverages 276,521.52 267,336.48 248,259.34
Other Service Operations 128,724.72 137,236.38 140,185.93
405,246.25 404,572.86 388,445.26

Expenses
Operation Expenses
Lease 50,000.00 50,000.00 50,000.00
Utilities (Water, Electric and Telephone Service) 12,254.00 10,573.00 10,384.00
Salaries, Wages and Employee Benefits 105,169.74 105,169.74 105,169.74
Office Supplies 3,187.19 2,018.81 1,802.17
Repair and Maintenance 349,011.98 451,039.05 245,091.91
Fuel Expenses 190,704.50 184,369.99 171,213.33
710,327.41 803,170.59 583,661.15

Administrative Expenses
Hotel Overhead 201,496.41 220,411.10 196,708.45
Management Salaries and Wages 175,273.12 175,273.12 175,273.12
Permits and Licences - - 135,000.00
Advertising Expense 123,451.10 123,451.10 123,451.10
Insurance 175,000.00 175,000.00 175,000.00
Entertainment 27,908.24 26,735.18 24,298.77
Interest Expense 105,308.56 105,308.56 156,293.30
Bad Debts Expense 34,908.24 36,735.18 34,298.77
Miscellaneous Expense 174,541.20 183,675.91 171,493.83
1,017,886.88 1,046,590.16 1,191,817.33
Total Expenses 1,728,214.29 1,849,760.74 1,775,478.48

INCOME BEFORE INCOME TAX 1,357,363.54 1,419,184.68 1,265,952.83

Provision for Income Tax 407,209.06 425,755.40 379,785.85
NET INCOME 950,154.48 993,429.27 886,166.98
 Hayahay Beach Resort Corporation
Statement of Income
For the Year 2018

April May June July August September October

2,529,002.26 2,498,012.57 2,010,850.07 1,446,261.73 1,364,133.26 1,468,848.35 1,522,380.88

1,543,328.38 1,246,427.01 969,859.04 717,499.33 798,574.96 836,781.79 773,556.81
1,062,218.92 760,845.63 940,991.03 723,273.51 654,236.07 852,820.93 698,717.17
5,134,549.57 4,505,285.21 3,921,700.14 2,887,034.57 2,816,944.29 3,158,451.07 2,994,654.86

447,565.23 361,463.83 281,259.12 208,074.81 231,586.74 242,666.72 224,331.48

159,332.84 114,126.85 141,148.65 108,491.03 98,135.41 127,923.14 104,807.57
606,898.07 475,590.68 422,407.78 316,565.83 329,722.15 370,589.86 329,139.05

50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00

16,026.00 18,230.00 16,939.00 14,927.00 11,046.00 10,462.00 10,857.00
127,023.92 127,023.92 105,169.74 105,169.74 105,169.74 105,169.74 105,169.74
3,192.27 2,710.06 1,730.62 1,502.29 1,492.68
370,182.60 591,709.03 570,019.30 301,910.18 301,830.26 352,790.00 589,028.55
308,665.68 249,285.40 193,971.81 143,499.87 159,714.99 167,356.36 154,711.36
875,090.47 1,038,958.41 937,830.47 617,009.08 629,253.67 685,778.10 909,766.65

303,480.27 299,761.51 241,302.01 173,551.41 163,695.99 176,261.80 182,685.71

175,273.12 175,273.12 175,273.12 175,273.12 175,273.12 175,273.12 175,273.12
150,000.00 - 238,000.00 - 227,000.00
123,451.10 123,451.10 123,451.10 123,451.10 123,451.10 123,451.10 123,451.10
175,000.00 175,000.00 175,000.00 175,000.00 175,000.00 175,000.00 175,000.00
42,345.50 35,052.85 32,217.00 22,870.35 22,169.44 23,584.51 24,946.55
156,293.30 156,293.30 156,293.30 156,293.30 92,567.71 92,567.71 92,567.71
51,345.50 45,052.85 39,217.00 28,870.35 28,169.44 31,584.51 29,946.55
256,727.48 225,264.26 196,085.01 144,351.73 140,847.21 157,922.55 149,732.74
1,433,916.26 1,235,148.99 1,376,838.54 999,661.35 1,148,174.02 955,645.31 953,603.48
2,309,006.73 2,274,107.41 2,314,669.01 1,616,670.42 1,777,427.69 1,641,423.40 1,863,370.13

2,218,644.77 1,755,587.13 1,184,623.36 953,798.31 709,794.45 1,146,437.81 802,145.68

665,593.43 526,676.14 355,387.01 286,139.49 212,938.33 343,931.34 240,643.70
1,553,051.34 1,228,910.99 829,236.35 667,658.82 496,856.11 802,506.47 561,501.98
November December Total

1,626,008.57 2,559,226.37 17,024,724.06

816,044.63 912,053.66 8,614,125.61
809,963.94 1,006,696.48 7,509,763.69
3,252,017.14 4,477,976.50 33,148,613.36

236,652.94 264,495.56 2,498,096.43

121,494.59 151,004.47 1,126,464.55
358,147.53 415,500.03 3,624,560.98

50,000.00 50,000.00 450,000.00

14,329.00 20,174.00 132,990.00
105,169.74 125,028.16 1,010,094.44
5,028.27 15,656.19
601,835.80 381,013.05 4,060,318.77
163,208.93 182,410.73 1,722,825.12
934,543.47 763,654.21 7,391,884.52

195,121.03 307,107.16 2,042,966.89

175,273.12 175,273.12 1,577,458.08
615,000.00
123,451.10 123,451.10 1,111,059.90
175,000.00 175,000.00 1,575,000.00
26,520.17 33,779.77 263,486.13
92,567.71 92,567.71 1,088,011.75
32,520.17 44,779.77 331,486.13
162,600.86 223,898.83 1,657,430.67
983,054.16 1,175,857.45 10,261,899.55
1,917,597.62 1,939,511.66 17,653,784.07

976,271.98 2,122,964.81 11,870,268.30

292,881.60 636,889.44 3,561,080.49
683,390.39 1,486,075.37 8,309,187.81
 Hayahay Beach Resort Corporation
Statement of Income
For the Period of January - July 2019

January February March

Revenues
Room 1,592,136.79 1,531,367.59 1,759,213.71
Food and Beverage 749,392.87 723,189.49 874,285.71
Other Service Operations 783,164.14 714,704.20 671,428.60
3,124,693.80 2,969,261.28 3,304,928.02

Cost of Sales and Services

Food and Beverages 217,323.93 209,724.95 253,542.86
Other Service Operations 117,474.62 107,205.63 100,714.29
334,798.55 316,930.58 354,257.15

Expenses
Operation Expenses
Lease 50,000.00 50,000.00 50,000.00
Utilities (Water, Electric and Telephone Service) 14,729.05 14,182.43 12,179.91
Salaries, Wages and Employee Benefits 115,458.32 115,458.32 115,458.32
Office Supplies 4,185.20 2,342.97 3,026.82
Repair and Maintenance 477,641.04 459,410.28 668,501.21
Fuel Expenses 149,878.57 144,637.90 174,857.14
811,892.18 786,031.89 1,024,023.39

Administrative Expenses
Hotel Overhead 159,213.68 153,136.76 175,921.37
Management Salaries and Wages 175,273.12 175,273.12 175,273.12
Permits and Licences - - 175,000.00
Advertising Expense 123,451.10 123,451.10 108,143.29
Insurance 175,000.00 175,000.00 175,000.00
Entertainment 31,246.94 29,692.61 33,049.28
Interest Expense 92,567.71 92,567.71 92,567.71
Bad Debts Expense 31,246.94 29,692.61 33,049.28
Miscellaneous Expense 156,234.69 148,463.06 165,246.40
944,234.17 927,276.98 1,133,250.45
Total Expenses 1,756,126.35 1,713,308.86 2,157,273.85

INCOME BEFORE INCOME TAX 1,033,768.89 939,021.83 793,397.03

Provision for Income Tax 310,130.67 281,706.55 238,019.11
NET INCOME 723,638.23 657,315.28 555,377.92
t Corporation
ncome
ary - July 2019

April May June July Total

2,942,857.19 1,872,142.86 1,728,570.12 1,545,626.17 12,971,914.42

1,584,285.71 985,714.03 957,142.90 828,571.04 6,702,581.76
1,022,857.14 934,285.14 814,351.92 709,942.86 5,650,734.00
5,550,000.04 3,792,142.03 3,500,064.94 3,084,140.07 25,325,230.18

459,442.86 285,857.07 277,571.44 240,285.60 1,943,748.71

153,428.57 140,142.77 122,152.79 106,491.43 847,610.10
612,871.43 425,999.84 399,724.23 346,777.03 2,791,358.81

50,000.00 50,000.00 50,000.00 50,000.00 350,000.00

18,362.19 23,918.01 18,103.26 15,029.12 116,503.97
156,240.24 156,240.24 115,458.32 115,458.32 889,772.06
4,591.34 2,986.10 1,763.00 1,103.90 19,999.33
441,428.58 468,035.72 812,427.96 618,250.47 3,945,695.24
316,857.14 197,142.81 191,428.58 165,714.21 1,340,516.35
987,479.49 898,322.87 1,189,181.11 965,556.01 6,662,486.94

294,285.72 187,214.29 172,857.01 154,562.62 1,297,191.44

235,752.75 235,752.75 235,752.75 235,752.75 1,468,830.36
50,000.00 - 125,000.00 50,000.00 400,000.00
108,143.29 108,143.29 108,143.29 108,143.29 787,618.65
175,000.00 175,000.00 175,000.00 175,000.00 1,225,000.00
55,500.00 37,921.42 35,000.65 30,841.40 253,252.30
92,567.71 92,567.71 92,567.71 92,567.71 647,973.97
55,500.00 37,921.42 35,000.65 30,841.40 253,252.30
277,500.00 189,607.10 175,003.25 154,207.00 1,266,261.51
1,344,249.47 1,064,127.98 1,154,325.31 1,031,916.17 7,599,380.54
2,331,728.96 1,962,450.85 2,343,506.42 1,997,472.19 14,261,867.48

2,605,399.65 1,403,691.34 756,834.29 739,890.85 8,272,003.90

781,619.90 421,107.40 227,050.29 221,967.26 2,481,601.17
1,823,779.76 982,583.94 529,784.01 517,923.60 5,790,402.73