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FINANCIAL REPORT For ATTY RAC-2019
FINANCIAL REPORT For ATTY RAC-2019
JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER TOTAL MO. AVER. % SHARE
SALES 239,370.20 245,881.44 302,630.00 354,669.69 399,868.68 266,882.56 219,426.84 202,293.72 197,357.04 197,487.76 247,157.50 324,005.00 3,197,030.43 266,419.20
COST OF SERVICES 90,784.50 78,435.00 100,359.00 113,952.75 123,093.00 105,253.50 68,232.00 67,876.50 59,207.11 88,869.49 135,936.63 178,202.75 1,210,202.23 100,850.19
GROSS PROFIT 148,585.70 167,446.44 202,271.00 240,716.94 276,775.68 161,629.06 151,194.84 134,417.22 138,149.93 108,618.27 111,220.88 145,802.25 1,986,828.20 165,569.02
% of Sales 62% 68% 67% 68% 69% 61% 69% 66% 70% 55% 45% 45% 62% 62%
OPERATING EXPENSES
Salaries 49,687.63 31,581.70 45,306.45 19,686.45 23,133.60 18,759.30 12,528.60 23,759.40 19,901.70 20,601.00 22,719.90 23,530.50 311,196.23 25,933.02 30%
Meals 12,422.99 23,054.83 22,346.85 14,616.52 11,094.76 7,491.31 2,255.56 3,506.63 3,709.35 2,213.20 2,393.22 2,965.06 108,070.29 9,005.86 10%
Office Supplies 9,191.68 21,545.83 8,079.78 19,646.53 17,242.49 8,869.45 9,498.39 4,312.95 5,158.59 5,082.96 6,898.30 5,476.28 121,003.23 10,083.60 12%
Interest Expense 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 68,075.30 5,672.94 7%
Space Rentals 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 54,460.24 4,538.35 5%
Airfare - - - - - - - - - - - - - - 0%
Transportation - 1,815.34 378.20 3,025.57 5,264.49 388.79 847.16 3,207.10 2,148.15 3,086.08 4,856.04 3,781.96 28,798.88 2,399.91 3%
Taxes & Licenses 25,021.45 8,501.85 6,399.08 1,819.88 3,388.64 4,848.47 4,999.75 6,958.81 5,325.00 2,148.15 819.93 7,079.83 77,310.84 6,442.57 7%
Sponsorship - - - - - - - - - - - - - - 0%
Telephone & Internet Bill 3,960.47 3,931.73 3,788.01 4,064.85 3,954.42 3,939.29 4,358.29 4,160.16 3,954.42 3,939.29 4,358.29 4,160.16 48,569.36 4,047.45 5%
Electricity 6,503.46 8,093.40 6,327.98 7,474.67 8,032.88 9,439.77 7,942.12 6,807.53 5,476.28 3,827.34 4,704.76 4,145.03 78,775.22 6,564.60 8%
Contracted Services 1,058.95 3,630.68 4,160.16 2,042.26 378.20 5,582.17 - - 6,429.33 1,134.59 - 983.31 25,399.65 2,116.64 2%
Freight & Handling 322.22 226.92 2,978.67 343.40 2,972.62 331.30 1,418.99 154.30 372.14 461.40 347.94 400.89 10,330.80 860.90 1%
Repairs & Maintenance 2,591.40 5,261.46 2,012.00 2,178.41 2,446.17 - 1,633.81 2,213.20 3,725.99 1,573.30 2,798.65 3,181.39 29,615.78 2,467.98 3%
Gasoline 5,459.64 4,508.10 3,857.60 4,958.91 3,651.86 2,949.93 5,049.67 5,143.47 5,007.32 4,145.03 3,986.19 5,657.81 54,375.52 4,531.29 5%
Load 665.63 1,361.51 1,316.12 2,208.67 1,588.42 302.56 302.56 605.11 2,269.18 1,664.06 2,042.26 1,875.85 16,201.92 1,350.16 2%
Hotel Accomodation - - - - - - - - - - - - - - 0%
Miscellaneous - - - - - - - - - - - - - - 0%
Water Bill 249.61 223.89 226.92 272.30 294.99 317.68 223.89 264.74 294.99 196.66 211.79 232.97 3,010.44 250.87 0%
Notary - - - - - - - - - - - - - - 0%
Subtotal 127,346.41 123,948.53 117,389.11 92,549.71 93,654.84 73,431.33 61,270.09 71,304.70 73,983.74 60,284.36 66,348.56 73,682.33 1,035,193.70 86,266.14 100%
TOTAL EXPENSES 136,017.98 132,620.10 126,060.68 101,221.28 102,326.41 80,158.46 67,997.22 78,031.83 80,710.87 67,011.49 69,325.69 76,659.46 1,118,141.46 93,178.45
NET INCOME (LOSS) 12,567.72 34,826.34 76,210.32 139,495.66 174,449.27 81,470.60 83,197.62 56,385.39 57,439.06 41,606.78 41,895.19 69,142.79 868,686.74 72,390.56
% of Sales 0% 14% 25% 39% 44% 31% 38% 28% 29% 21% 17% 21% 27% 27%
ALCONS DESIGN & PRINT
Brgy. Pooc Occidental, Tubigon, Bohol 6329
STATEMENT OF FINANCIAL POSITION
For the period January to December 31, 2019
ASSETS LIABILITIES
Non-current Assets
Machine, net 2 - OWNER'S EQUITY
Motorcycle, net 2 35,214.65 Owner's Equity 3,609,291.03
Computers, net 2 - Withdrawals (600,000.00)
Construction Cost, net 2 0.16 Net Income (Loss) 868,686.74
Aircon, net 2 -
Laptop & Cellphone, net 2 9,106.19 TOTAL EQUITY 3,877,977.77
Ink jet Printer, net 2 -
Machine AVR, net 2 1,595.31
Furniture, net 2 -
Subtotal 45,916.31
TOTAL ASSETS 4,220,394.44 TOTAL LIABILITES & EQUITY 4,220,394.44 0.00
ALCONS DESIGN & PRINT
Brgy. Pooc Occidental, Tubigon, Bohol 6329
CASH FLOW STATEMENT
For the period January to December 31, 2019
CASH FLOW STATEMENT JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER
Beginning Balance 3,628,622.38 3,576,884.53 3,521,716.31 3,528,662.74 3,528,334.51 3,599,411.88 3,609,674.15 3,614,207.44 3,599,384.50 3,585,615.22 3,556,013.67 3,526,700.53
CASH INFLOW
SALES 239,370.20 245,881.44 302,630.00 354,669.69 399,868.68 266,882.56 219,426.84 202,293.72 197,357.04 197,487.76 247,157.50 324,005.00
less: Accounts Receivable 25,689.00 70,560.00 34,108.00 7,456.00 - 54,620.00
Withdrawal 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00
TOTAL CASH INFLOW 3,817,992.58 3,747,076.97 3,774,346.31 3,762,772.43 3,844,095.19 3,816,294.44 3,771,644.99 3,766,501.16 3,746,741.54 3,733,102.98 3,753,171.17 3,746,085.53
CASH OUTFLOW
Cost of Services 90,784.50 78,435.00 100,359.00 113,952.75 123,093.00 105,253.50 68,232.00 67,876.50 59,207.11 88,869.49 135,936.63 178,202.75
Construction Cost
Mo. Installment from Short-term Loans P 16,250.00 16,250.00 21,208.33 21,208.33 21,208.33 21,208.33 21,208.33 21,208.33 21,208.33 21,208.33 21,208.33 21,208.33
Properties & Equipments
Machine - - - - - - - - - - - -
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 2,347.63 2,347.63 2,347.63
Computers 3,750.00 3,750.00 3,750.00 3,750.00 3,750.00 3,750.00 3,750.00 3,750.00 3,750.00 3,750.00 - -
Aircon - - - - - - - - - - - -
Laptop & Cellphone 535.67 535.67 535.67 535.67 535.67 535.67 535.67 535.67 535.67 535.67 535.67 535.67
Ink jet Printer - - - - - - - - - - - -
Machine AVR 93.83 93.83 93.83 93.83 93.83 93.83 93.83 93.83 93.83 93.83 93.83 93.83
Furniture - - - - - - - - - - - -
Operating Expenses
Salaries 49,687.63 31,581.70 45,306.45 19,686.45 23,133.60 18,759.30 12,528.60 23,759.40 19,901.70 20,601.00 22,719.90 23,530.50
Meals 12,422.99 23,054.83 22,346.85 14,616.52 11,094.76 7,491.31 2,255.56 3,506.63 3,709.35 2,213.20 2,393.22 2,965.06
Office Supplies 9,191.68 21,545.83 8,079.78 19,646.53 17,242.49 8,869.45 9,498.39 4,312.95 5,158.59 5,082.96 6,898.30 5,476.28
Interest Expense 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94 5,672.94
Space Rentals 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35 4,538.35
Airfare - - - - - - - - - - - -
Transportation - 1,815.34 378.20 3,025.57 5,264.49 388.79 847.16 3,207.10 2,148.15 3,086.08 4,856.04 3,781.96
Taxes & Licenses 25,021.45 8,501.85 6,399.08 1,819.88 3,388.64 4,848.47 4,999.75 6,958.81 5,325.00 2,148.15 819.93 7,079.83
Sponsorship - - - - - - - - - - - -
Telephone & Internet Bill 3,960.47 3,931.73 3,788.01 4,064.85 3,954.42 3,939.29 4,358.29 4,160.16 3,954.42 3,939.29 4,358.29 4,160.16
Electricity 6,503.46 8,093.40 6,327.98 7,474.67 8,032.88 9,439.77 7,942.12 6,807.53 5,476.28 3,827.34 4,704.76 4,145.03
Contracted Services 1,058.95 3,630.68 4,160.16 2,042.26 378.20 5,582.17 - - 6,429.33 1,134.59 - 983.31
Freight & Handling 322.22 226.92 2,978.67 343.40 2,972.62 331.30 1,418.99 154.30 372.14 461.40 347.94 400.89
Repairs & Maintenance 2,591.40 5,261.46 2,012.00 2,178.41 2,446.17 - 1,633.81 2,213.20 3,725.99 1,573.30 2,798.65 3,181.39
Gasoline 5,459.64 4,508.10 3,857.60 4,958.91 3,651.86 2,949.93 5,049.67 5,143.47 5,007.32 4,145.03 3,986.19 5,657.81
Load 665.63 1,361.51 1,316.12 2,208.67 1,588.42 302.56 302.56 605.11 2,269.18 1,664.06 2,042.26 1,875.85
Hotel Accomodation - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - -
Water Bill 249.61 223.89 226.92 272.30 294.99 317.68 223.89 264.74 294.99 196.66 211.79 232.97
Notary
TOTAL CASH OUTFLOW 241,108.04 225,360.66 245,683.57 234,437.92 244,683.30 206,620.29 157,437.55 167,116.66 161,126.32 177,089.31 226,470.64 276,070.54
CASH BALANCE, END. 3,576,884.53 3,521,716.31 3,528,662.74 3,528,334.51 3,599,411.88 3,609,674.15 3,614,207.44 3,599,384.50 3,585,615.22 3,556,013.67 3,526,700.53 3,470,014.99
ALCONS DESIGN & PRINT
Brgy. Pooc Occidental, Tubigon, Bohol 6329
NOTES TO FINANCIAL STATEMENT
For the period January to December 31, 2019
NOTES NOTES
1 ACCOUNTS RECEIVABLE 3 ACCOUNTS PAYABLE
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
Computers 90,000.00 2 yrs
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
5) Interest expenses came from the interests of borrowed money from the following persons:
Total
Name of Lender Principal Loan Interest Amount
Payable
LAMAC Multi-purpose Cooperati 110,000.00 16,500.00 126,500.00
Mr. Bobby Lopez 50,000.00 10,000.00 60,000.00
RFC 50,000.00 18,000.00 68,000.00
TOTAL 210,000.00 44,500.00 254,500.00