Admin Division

<<Tittle>>
<<Month/year>>

05-Feb-22
05-Feb-22
 ACC & FIN Dept.
99Ki-Business & Budget plan

05-Feb-22
05-Feb-22 1
 ACC & FIN Department

Content

1.21-23 Direction
2.99 Ki Business Plan
3.Headcount Staffing Plan
4.Budget Plan

05-Feb-22
 ACC & FIN Department

ACC & FIN Department.

99Ki-Business Plan

05-Feb-22
 Issued 12 Jan 2022 NCX Co., Ltd.
NCX INTERNAL DOCUMENT DRAFT 1 Cambodia

Current situation analysis ■Vision

Environmental analysis
22-24 NCX Cambodia Story chart

Strengthen Position as Number 1 Mobility Company

■MC market and becoming a Company That Cambodian People ■Social・Politics environment
Want to Exist • Political Stability under PM Hun Sen
• Market Downturn 20, 21 but H. Share ↑
• MC Penetration Ratio At 4.4 People Per Unit Next Election 2023/07

• H. Dominate Market with 95% Share ■Covid Situation

■2024 Objective • COVID Peaks in 98Ki Q1,Q2 from Delta Variant
■Product Create Identity of “NCX” • Vaccination rates amongst highest in ASEAN
• Development of K3GF in 2022 and Improvement of 4S Competitiveness • Country reopens from Nov. 21
• H. Dominate Market with 95% Share • Government will not revert to LOCKDOWN
Cub Segment 98% Share
AT Segment 91% Share (+9%) ■22-24 Mid-term Direction Economic environment
LMC Segment 18.5% Share (+18%) Overall Economy
• LMC Segment Introduced CBR150 but Year 2019 2020 2021 2022 2023 2024 • GDP : 2021 +3.0% / 2022 +5.2%
cannot target #1 in MT 22-24
• ■NCX-C
Ki 96 97 98 99 100 101 • Export +23% driving largely by Agriculture and
Industrial Sectors
• Launched NCX branding “WE Together” Market 434K 284K 361K 432K 449K 467K • Tourism yet to recover
• New HR System Implemented and HR • Foreign Investment Remains Low
Planning by Division Initiated Honda 387K 265K 343K 410K 425K 442K Infrastructure
• New PP / SRP Airports
• New DC Center Operational From 1 Jan 22 Share 89% 93% 95% 95% 95% 95% • PP-SHV Highway
• Dealer Operation Improves, achieve Basic
Level Function Part Sales $13.5m $12.0m $13.0m $14.9m $16.7 $18.0m • Expansion and Improvement National
Highway
■Group Business
• 4W = H Share 0.5%
Service Visit 2.3m 2.0m 2.1m 2.4m 2.7m 2.9m Surrounding Phnom Penh
Provincial Area
I-LCV Share 1.3% ■Priority measures
■Industry Issue
• CV = Market Share 44% (#1 Share) • EURO 3 (UNR40) from 2023
1. Promote Company-wide Penetration and
• AHO (Global Standard) Not Permitted
Continuation of Activities to Improve CSI No. 1
• PP = Steady Business Expansion • Automobile Tax Incentive EVs
2. Establish “NCX Honda” Brand
Channel : MC Dealer Channel ■Competitors trend
3. Prepare Customer For Total Confidence in Fuel • LMC – Y Maintains #1 in segment
Product : GP/WL from China
Injection Technology by 2022 • S AT Shares Drop
4. Continue to Strengthen Factory Constitution and • Minimal Impact from Grey Import
Enhancement of Purchase Function
■Kadai (Issues)
• Improve Internal Communication 5. Improve the Internal Governance Function of ■Kadai (Issues)
Efficiency ( Info Mgmt., Reporting, NCX Group ・Economic Recovery is certain but
Approval Events) 6. Utilize IT to Improve efficiency of database COVID Interruption may remain
• Develop Manager CAPDO ability management and working operation ・Homologation trending towards
• Part Sales are Inferior to Honda GENPOs 7. Utilize the Superiority of NCX to Strengthen international standards but AHO not
• Develop Group Biz (HC, LCV) Total MC and Group Business accepted
• Dealer Op. (Basic Function Achieved) ・Appropriate EV adoptions timing unclear
 22-24 NCX KEY TARGETS ACC & FIN Department
Improve The Internal Governance Function of NCX Group Target
5 Control Point 97Ki 98 99 100
Forecast 2021 2022 2023
5.1 Safety Management Accident Occurrence 10 Cases 0 0 0
Compliance
5.2 Environment Regulation 100% 100% 100% 100%
Government Standard
5.3 Accounting Standards IFRS Standard 45% 100% 100% 100%

5.4 Auditor Compliance KPMG Compliance 100% 100% 100% 100%

Create
5.5 Establish Internal Audit Team Start Operation ● ● ●
P&P

5.6 Implementation of New HR System Turnover Ratio

5.7 HR Development for In-House Managers

6 Utilize IT to improve Efficiency of Database Management and
Working Operation
User Requirement Spec.
6.7 HR Management System
Go Live

5
 22-24 NCX STORY CHART [level 3] ACC & FIN Department
3- Current situation analysis 1 ■NCX Vision 4- Environmental analysis
Become a Company That Cambodian People Want to Exist and Strengthen Position
1- Accounting & Finance as Number 1 Mobility Company 1- Accounting & Finance
• Overall 93% accounting & finance compliance the CIFRs for • More standard improvement in year 2019
SMEs of the financial report there are 16 IFRs and 29 IAS so total
• Update COA and cost center to make sure correct cost compliance 35 CIFRs for SME.
objective by accounting items and cost center 2- Objective:
Build up Accounting Standard & advance Audit result • Follow accounting standard for CIFRs for SME
• Mostly accounting & finance function follow by standard report with all enterprise almost set up.
CIFRs for SME. • Cambodian Accounting Standard 38 CAS.
• Cash bank management and cash flow operation more 5. Target • Ministry of economic & finance has improved
improvement. of private sector of accounting & finance follow
Control Items 98Ki 99Ki 100Ki 101Ki
standard
2- External Audit CIFRS Standard for P & P compliance 100% 100% 100% 100%
• Accounting & finance document have to Khmer
• Documents mostly meet requirement external audit(KPMG) (#Function containing/compliance) (9 items) (9 items) (9 items) (9 items)
language (from ACAR regulation)
• More improvement of inventory report only spare pare car Budgeting & Costing Report Accuracy
100% 100% 100% 100%
stock count not yet full compliance (All division report)
• Financial statement report such as BS & PL, Statement of 2- External Audit
Financial compliance external audit report Unqualify Unqualify Unqualify Unqualify
equity and cash flow as requirement follow Standard CIFRS. (Unqualify Opinion) (100%) (100%) (100%) (100%) • Follow 100 % of accounting & finance standard
almost compliance 93% full report Tax compliance Audit report accuracy for CIFRs for SME.
100% 100% 100% 100%
3- Tax Audit (5 reports) • All private sector more improvement of
• Some situation change that effect to audit status more Develop competency report accounting & finance standard.
0 0 0 0
budget expense (# Posting containing error/mistake) • Translate Khmer on Financial report
• Tax dept. quickly update with policy and process
Establish Internal Audit Team
• Did Some manual report for tax requirement (Start transparency Operation)
Postpone Postpone Establish Action 3- Tax Audit
• New tax law upgrade and tax system such as E-
4- External Audit establish filing , E-payment, VAT reverse charge....etc.
• Lack of external audit of company process such • Mostly the tax online implementation
6- Priority measures: • Improvement of tax law enforcement
purchase, provision expense , transfer price
regulation, …etc • Capital gain regulation delay until year 2024
1. Build up CIFRs for SME Standards. and start to implementation in year 2025
2. External financial audit & tax compliance
• Problems: 3. Strengthen Accounting & Finance Process • Problems:
• Need full fill more accounting & finance compliance CIFRS 4. Develop competency of Accounting & finance team • RGC new develop too fast such as finance law,
for SME , Tax compliance ,finance expansion is limited 5. Update laws and regulations NEW! tax system, accounting environment…etc.
• Some staff do not transparency and document not
6. Create internal audit team (Account & PU) Postpone
sufficient

6
 Business Plan Three Chart LEVEL 2> 3 ACC & FIN Department
LEVEL2-DIVISON Current Result in 98Ki

Target • 93% fulfill the accounting • Accrued on royalty expense

LEVEL 2 KPI
98Ki 99Ki 100Ki standard compliance • Provision Expense
• Budget control 92% • Transfer Pricing Regulation
1.1 CIFRS Standard compliance #Function 100% 100% 100% Accuracy report COMPLIANCE WITH CIFRS FOR SMES ACTUAL & PLAN

97K i 98Ki 99Ki 100Ki

(#Function containing/compliance) containing/compliance (9 functions) (9 functions) (9 functions)

OBJECTIVES/ACTIVITY NAME
Result GAP Result GAP Result Next Action Plan Result Next Action Plan

Interim fieldwork result : 1) CASH AT BANK/CASH FLOW 90%

- No accrued Interest OD at end year
that not yet hit maturiyt date
- Pendin g outstandin g cheque issued
98%
- Minimized the pending outstanding
cheque issued but not yet call vendor 100% - Minize outstanding cheque by push
vendor to collect before year end.
100% - Minize outstanding cheque by push
vendor to collect before year end.
for collecting

Status Item %
but not yet call vendor for colle ctin g

2) AR 100% No Have 100% No Have 100% No Have 100% No Have

Pending 7 7% 3) AP 90% - Recognize expense cross year. 98% - Very less recognize expense cross
100% - Recognize expense in year. 100% - Recognize expense in year.
year.

Received 28 30% 4) INVENTORY 80%

- Lack on stock report in formation not
fit auditor requirement
90%
auditor requirement
- Lack poin t to goods recie pt in transit
- Lack on stock report information not fit
95%
- Will use SAP S4HANA will improve
stock report
100%
- Will use SAP S4HANA will improve
stock report
- Less goods reciept in transit base on - Mini Lack point to goods reciept in - Mini Lack point to goods reciept in

Partially received 12 13% base on INCO term agreement INCO term agreement transit base on INCO term agreement transit base on INCO term agreement

1-2. Budgeting & Costing Report Accuracy

5) OTHER TRADE PAYABLE & RECEIVABLE 100% No Have 100% No Have 100% No Have 100% No Have

KPMG checking 31 33%

% Report Accuracy 100% 100% 100%
- Not recognize rental Building as - Not recognize rental Building as - Improve Rental Building as fin ancia l
Finance Lease Finance Lease lease - Improve fixed Asset management
6) PPE & INTANGIBLE ASSET 90% 95% 99% 100%
N/A 16 17%
- Asset Over useful life still have - Asset Over useful life still have - Fixed the asset's depre over useful life tage, physic al asset count yearly.
depreciation. depreciatio n. with continue depre in SAP S4HANA

(All division report)

Lack Poin ts: Lack Points: Lack Points: Lack Points:
- Provions warranty, seniority - Provio ns warranty, senio rity, Deffer - Provio ns warranty, senio rity - Provions warranty, seniority

Total 94 100%
7) NOTE ON FINANCIAL 80% - Deffer Tax
100% Tax
100% - Deffer Tax
100% - Deffer Tax
- Transfer Pric in g - Transfer Pricing - Transfer Pricing - Transfer Pricing

- Update tax and Complaince with new - Update tax and Complain ce wit h

Complaince and Complete CIFRS 93%

8) TAX COMPLIANCE 100% No Have 100% No Have 100% tax law
100% new tax law

AVERAGE 91% 98% 99% 100%

LEVEL3-DEPARTMENT

Target 99 Ki
Level 3 KPI
99Ki Q1 Q2 Q3 Q4

1-1.1 Accounting Standard of CIFRs for # Function containing

≤ 9 functions 9 Functions 9 Functions 9 Functions 9 Functions
compliance compliance

#Report containing
1-1.2 Executive Finance Report Analysis # 0 report 0 0 0 0
error/mistake

1-2.1 Produce & Uploand Budget Report On time report

100% 100% 100% 100% 100%
(All divison) (12th each month)

1-2.2 Control & Analysis budget report

% Report Accuracy 100% 100% 100% 100% 100%
(All divison)

% Completed cost Process Cost Full cost

1-2.3 Support KC-Factory for costing structure
structure
100% Preparation
Costing Calcuation Structure 7
 Business Plan Three Chart LEVEL 2> 3 ACC & FIN Department
LEVEL2-DIVISON Current Result in 98Ki

Target - Qualify Opinion report ( 93% compliance) • Full fill 13% to full compliance
Level 2 KPI - From, Report, Process full fill standard • More monitor for any tax law
98Ki 99Ki 100Ki
- Regularly update the tax law • Complicated tax e-filling
- Accuracy all tax calculation & tax report • Negotiation ability is improved
2-1. Financial compliance external audit report Unqualify Opinion report Unqualify Unqualify Unqualify
(Unqualify Opinion) (% compliance) (100%) (100%) (100%)

% Tax report accuracy

2-2. Tax compliance audit report accuracy 100% 100% 100%
(5 Reports)

LEVEL3-DEPARTMENT

Target 99 Ki
Level 3 KPI
99Ki Q1 Q2 Q3 Q4

Address interim
2-1.1. Correct & Compliance Standard of Unqualify report Unqualify Unqualify
Preparation Interim process result & Risk
finance audit report (9 Functions) (% compliance) (100%) asessment
Report

2-2.1. Correct & Tax compliance of finance Compliance

Compliance report 100% 100% 100% 100%
audit report ( 5 reports) Monthly & Annual report (100%)

# Tax ressessment
2-2.2. Negotiation ability with Tax auditor Zero tax
(No reach success is 0 0 0 0
(Techinical & tax law compliance) ressessment
regarded as failure) 8
 Business Plan Three Chart LEVEL 2> 3 ACC & FIN Department
LEVEL2-DIVISON Current Result in 98Ki

Target - Job monitoring and revaluating • More training to be skill set

LEVEL 2 KPI
98Ki 99Ki 100Ki - Join the training by Webinar • Develop team capacity

- Accuracy all the accounting report • Update regularly gov’t law and
2-3. Develop competency of Accounting & Containing Accuracy Accuracy Accuracy regulation and tax law
finance team Accuracy Report report report report

Start transparency
3-1. Establish Internal Audit Team
Operation Postpone

LEVEL3-DEPARTMENT

Target 99 Ki
Level 3 KPI
99Ki Q1 Q2 Q3 Q4
2-3.1. Deliver trainning on tax Audit &
accounting standard compliance (Internal # time of training 7 times 1 2 2 2
Training)

2-3.2. Tax compliance & accounting & Finance

# time of training 15 times 3 3 4 5
Standard (External training)

2-3.3. Compliance standard report after # Accuracy report

7 Reports 7 7 7 7
deliver the training containing

2-3.4. Tax compliance report after deliver the # Accuracy report

5 Reports 4 4 4 5
training containing

2-3.5. Develop Team for update government tax # all update

100% 100% 100% 100% 100%
regulation & law regulations
9
 ACC & FIN Department

ACC & FIN Department.

99Ki- Headcount staffing Plan

05-Feb-22
 98ki-Current OC ACC & FIN Department
Organization Chart: Accounting/Finance Department

Updated: 4th February 2022

ENG SIRASETH SAN BOPHA

SENIOR MANAGER SENIOR MANAGER
(M1-2) (M1-2)

RUN RAKSMEY NEM MESA

Deputy Manager Assistant Manager
P2-2 P2-1

N/A CHHORVY
Supervisor Supervisor
P1 P1

Accounting/Fixed Cost Account Tax Accounting

Finance
Asset

MA CHIVIN PHEARUM MAI SREYNOCH

Vaccancy CHHOEM MALEN KOL CHENTRA SAENGDOERUN
Accountant Accountant Accountant
Accountant Accountant Accounting Accountant
(PPH,SP)-K2 (NCX-Cashier) (Tax-PPH,KC,NCXD)
(NCX)-K2 (NCX-T)-K2 (NCX)-K3 (Tax-NCX)-K3
K2 K2

NOP SREYTOUCH NGOV PHANG CHANTREA

YEM RITH SREYPHA NOP NIMOL
Accountant General Cashier Accounting
Accountant Accountant Accounting
(NCX-D/FA/PPR) (NCX Group) (Tax-NCXT,NN,PPR)
(NCX)-K2 (NCX)-K2 (NCX)-K2
K2 K1 K2

SOTHEA
SONGHENG
Junior Accountant
(NCX)-G3

Prepared by Checked by Approved by

• NCX-AP Accountant was resigned in Q4 98ki

Accounting & Finance Manager
• Under recruit processing for replacement
05-Feb-22 HR/Admin Manager Director
 99ki-OC ACC & FIN Department
Organization Chart: Accounting/Finance Department

Updated: 4th February 2022

ENG SIRASETH SAN BOPHA

SENIOR MANAGER SENIOR MANAGER
(M1-2) (M1-2)

NEM MESA
RUN RAKSMEY
Assistant Manager
Section Manager P2-1
P2-3

N/A N/A CHHORVY N/A

Supervisor Supervisor Supervisor Supervisor
P1 P1 P1 P1

Accounting/Fixed Cost Account Finance Tax Accounting

Asset

PHEARUM MAI SREYNOCH

MA CHIVIN Vaccancy
YEM RITH CHHOEM MALEN KOL CHENTRA SAENGDOERUN
Accountant Accountant
Accountant Accountant Accountant Accounting Accountant
(NCX-Cashier) (Tax-PPH,KC,NCXD )
(PPH,SP)-K3 (NCX)-K2 (NCX-T)-K2 (NCX)-K3 (Tax-NCX)-K3
K2 K2

NOP SREYTOUCH NGOV PHANG CHANTREA

YEM RITH SREYPHA NOP NIMOL
Accountant General Cashier Accounting
Accountant Accountant Accounting
(NCX-D/FA/PPR) (NCX Group) (Tax-NCXT,NN,PPR)
(NCX)-K2 (NCX)-K2 (NCX)-K2
K2 K1 K2

SOTHEA
SONGHENG
Junior Accountant Update Government regulation
(NCX)-G3
• Update law & regulation
Vaccancy
Junior Accountant
G3

Prepared by Checked by Approved by • Promoted 2 members in 99Ki (P2-3 & K3)

• Increase 2 manpower in 99Ki
• One for newcomer & another 1 for replacement
HR/Admin Manager Accounting & Finance Manager Director • Update law & regulation under tax accounting
05-Feb-22
 99ki-HEAT COUNT ACC & FIN Department
98 Ki 99 Ki
NO ID NAME HIRED DATE DEP'T
POSITION JOB GRADE POSITION JOB GRADE
1 NCX-0010 SAN BOPHA 14-Jun-04 ACC & FIN Senior Manager M1-2 Senior Manager M1-2
2 NCX-0048 ENG SIRASETH 1-Aug-07 ACC & FIN Senior Manager M1-2 Senior Manager M1-2
3 NCX-0558 RUN RAKSMEY 23-Jan-17 ACC & FIN Deputy Manager P2-2 Section Manager P2-3
4 NCX-8760 NEM MESA 20-May-21 ACC & FIN Assistant Manager P2-1 Assistant Manager P2-1
5 NCX-7713 LIM CHHORVY 9-Dec-19 ACC & FIN Supervisor P1 Supervisor P1
6 NCX-5521 SENG SAENGDOEURN 28-Aug-17 ACC & FIN Senior Staff K3 Senior Staff K3
7 NCX-7068 KOL CHENTRA 25-Feb-19 ACC & FIN Senior Staff K3 Senior Staff K3
8 NCX-3465 MA CHIVIN 3-Feb-14 ACC & FIN Accountant K2 Senior Staff K3
10 NCX-2099 KHENG SREYPHA 28-May-12 ACC & FIN Accountant K2 Accountant K2
11 NCX-4797 HOUT CHANTREA 28-Dec-15 ACC & FIN Accountant K2 Accountant K2
12 NCX-7081 MAI SREYNOCH 2-May-19 ACC & FIN Accountant K2 Accountant K2
13 NCX-7084 YEM RITH 2-May-19 ACC & FIN Accountant K2 Accountant K2
14 NCX-7100 PHOEUN PHEARUM 25-Jun-19 ACC & FIN Accountant K2 Accountant K2
15 NCX-8377 NOP NIMOL 16-Oct-20 ACC & FIN Accountant K2 Accountant K2
16 NCX-8642 CHHOEM MALEN 26-Jan-21 ACC & FIN Accountant K2 Accountant K2
17 NCX-9187 NOP SREYTOUCH 3-Aug-17 ACC & FIN Accountant K2 Accountant K2
9 NCX-0021 NGOV PHANG 1-Jul-92 ACC & FIN Accountant K1 Accountant K1
18 NCX-9131 SOTHEA SONGHENG 27-Oct-21 ACC & FIN Junior Accountant G3 Junior Accountant K1
19 VACANCY 28-Feb-22 ACC & FIN N/A N/A Accountant K2
20 VACANCY 31-Mar-22 ACC & FIN N/A N/A Junior Accountant G3
TOTAL 18 20
05-Feb-22
 ACC & FIN Department

ACC & FIN Department

99Ki-Budget Plan

05-Feb-22
 99Ki-97Ki & 98Ki Budget plan comparison ACC & FIN Department
BUDGET PLAN I N 99KI (YEAR 2022) BUDGET PLAN I N 99KI (YEAR 2023)
TOTAL TOTAL Variance TOTAL Variance
No Account Number Account Description ARP MAY JUN Q1 JUL AUG SEP Q2 OCT NOV DEP Q3 JAN FEB MAR Q4 (99Ki) 97Ki/98Ki 99Ki Vs 97Ki/98Ki (98Ki) 99Ki Vs 98Ki

PLAN PLAN PLAN PLAN PLAN PLAN PLAN PLAN PLAN PLAN PLAN PLAN PLAN PLAN PLAN PLAN PLAN ACTUAL Amount % ACTUAL/FOCUS Amount %
I/ Head Count
GM - - - - -
Manager 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2
Subordinate 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 17 18
Total Head Count 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 19 1 5.26% 20 - 0.00%
II/ - Labor Cost
1 620001 Salary & Wage 25,313.05 25,313.05 25,313.05 75,939.15 25,313.05 25,313.05 25,313.05 75,939.15 25,313.05 25,313.05 25,313.05 75,939.15 25,313.05 25,313.05 25,313.05 75,939.15 303,756.60 274,350 29,406 10.72% 274,350 29,406 10.72%
2 620002 Overtime - - - - - - - - - - - - 400.00 - - 400.00 400.00 404 (4) -0.91% 404 (4) -0.91%
4 620004 Meal 510.80 510.80 510.80 1,532.40 510.80 510.80 510.80 1,532.40 510.80 510.80 510.80 1,532.40 510.80 510.80 510.80 1,532.40 6,129.60 5,170 959 18.56% 5,170 959 18.56%
6 620006 Attendance 200.00 200.00 200.00 600.00 200.00 200.00 200.00 600.00 200.00 200.00 200.00 600.00 200.00 200.00 200.00 600.00 2,400.00 1,822 578 31.76% 1,822 578 31.76%
7 620007 Allowance 449.00 449.00 449.00 1,347.00 449.00 449.00 449.00 1,347.00 449.00 449.00 449.00 1,347.00 449.00 449.00 449.00 1,347.00 5,388.00 4,834 554 11.47% 4,834 554 11.47%
8 620008 Other additional 27,042.73 - 8,349.68 35,392.42 - - - - - - 7,356.17 7,356.17 - - - - 42,748.58 36,815 5,934 16.12% 36,815 5,934 16.12%
9 622001 Absent - - - - - - - - - - - - - - - - - (631) 631 0.00% (631) 631 0.00%
10 622003 ID Card - - - - - - - - - - - - - - - - - (2) 2 0.00% (2) 2 0.00%
11 622004 Other deduction - - - - - - - - - - - - - - - - - (1,605) 1,605 0.00% (1,605) 1,605 0.00%
Total Labor Cost 53,515.58 26,472.85 34,822.53 114,810.97 26,472.85 26,472.85 26,472.85 79,418.55 26,472.85 26,472.85 33,829.02 86,774.72 26,872.85 26,472.85 26,472.85 79,818.55 360,822.78 321,156.22 39,667 12.35% 321,156 39,667 12.35%
III/ - Operation cost
9 623004 Travelling Expense (Oversea) - - - - - - - - - - - - - - - - - - - 0.00% - - 0.00%
10 622002 Salary Tax 100.00 100.00 100.00 300.00 100.00 100.00 100.00 300.00 100.00 100.00 100.00 300.00 100.00 100.00 100.00 300.00 1,200.00 4,882 768 432 56.18%
11 640003 Courier Expense 125.00 125.00 125.00 375.00 125.00 125.00 125.00 375.00 125.00 125.00 125.00 375.00 125.00 125.00 125.00 375.00 1,500.00 680 820 0.00% 1,485 15 0.98%
12 642001 Building Repair/Main - - - - - - - - - - - - - - - - - 74 - 0.00% - - 0.00%
13 641003 Rental Land N.C.X.D 30,000.00 30,000.00 30,000.00 90,000.00 30,000.00 30,000.00 30,000.00 90,000.00 30,000.00 30,000.00 30,000.00 90,000.00 30,000.00 30,000.00 30,000.00 90,000.00 360,000.00 360,000 - 0.00% 360,000 - 0.00%
14 650005 Insurance Expense 61.51 61.51 61.51 184.53 61.51 61.51 61.51 184.53 61.51 61.51 61.51 184.53 61.51 61.51 61.51 184.53 738.12 246 492 199.82% 246 492 200.00%
15 650006 Bank Charge 44,815.35 37,464.33 41,365.18 123,644.86 37,776.89 41,931.42 43,387.16 123,095.47 42,465.50 48,805.39 51,331.79 142,602.67 47,854.68 46,928.91 138,570.58 233,354.17 622,697.17 458,497 164,200 35.81% 547,333 75,365 13.77%
16 650009 Local Taxes 304.71 304.71 304.71 914.13 304.71 304.71 9,904.71 10,514.13 3,704.71 304.71 304.71 4,314.13 304.71 304.71 304.71 914.13 16,656.52 17,582 (925) -5.26% 18,214 (1,557) -8.55%
17 650010 Sign Board Taxes 19.68 19.68 19.68 59.04 19.68 19.68 19.68 59.04 19.68 19.68 19.68 59.04 19.68 19.68 19.68 59.04 236.15 216 20 9.10% 236 0 0.03%
18 650012 WHT Expense 650.00 750.00 650.00 2,050.00 620.00 550.00 470.00 1,640.00 550.00 750.00 550.00 1,850.00 550.00 630.00 650.00 1,830.00 7,370.00 11,635 (4,265) -36.66% 7,074 296 4.18%
19 650015 License Fee - - - - - - - - - - - - - - - - - 100 (100) 0.00% - - 0.00%
20 650019 Printing & Stationar - - - - - 540.00 - 540.00 - - - - - 540.00 - 540.00 1,080.00 531 549 103.39% 699 381 54.51%
21 650020 LVA expense 294.00 - - 294.00 - - - - 80.00 - - 80.00 - - 374.00 171 204 119.35% - 374 0.00%
22 650024 Audit & Oth.ACC Servic 1,500.00 - - 1,500.00 - - - - 9,000.00 - - 9,000.00 - 6,200.00 - 6,200.00 16,700.00 19,290 (2,590) -13.43% 12,430 4,270 34.35%
23 650025 Fringe Benefit Tax E 680.00 680.00 680.00 2,040.00 1,500.00 1,500.00 650.00 3,650.00 650.00 650.00 650.00 1,950.00 1,250.00 1,550.00 650.00 3,450.00 11,090.00 12,137 (1,047) -8.62% 15,239 (4,149) -27.23%
24 659001 Loss Disposal of FA - - - - - - - - - - - - - - - - - 1,966 (1,966) -100.00% - - 0.00%
25 659004 Other Expense 250.00 150.00 150.00 550.00 150.00 150.00 150.00 450.00 150.00 650.00 150.00 950.00 150.00 150.00 150.00 450.00 2,400.00 2,311 89 3.84% 2,571 (171) -6.64%
1/ Operation Expense 78,800.25 69,655.23 73,456.08 221,911.56 70,657.79 75,282.32 84,868.06 230,808.16 86,906.40 81,466.29 83,292.69 251,665.37 80,415.58 86,609.81 170,631.48 337,656.87 1,042,041.96 890,318.22 151,724 17.04% 966,295.55 75,746 7.84%
23 640005 Water 36.58 36.58 36.58 109.74 36.58 36.58 36.58 109.74 36.58 36.58 36.58 109.74 36.58 36.58 36.58 109.74 438.96 175 263 150.13% 266 173 65.32%
25 640006 Electricity 205.11 205.11 205.11 615.33 205.11 205.11 205.11 615.33 205.11 205.11 205.11 615.33 205.11 205.11 205.11 615.33 2,461.32 3,622 (1,161) -32.05% 4,256 (1,795) -42.17%
2/ Energy Expenses 241.69 241.69 241.69 725.07 241.69 241.69 241.69 725.07 241.69 241.69 241.69 725.07 241.69 241.69 241.69 725.07 2,900.28 3,797.52 (897) -23.63% 4,521.68 (1,621) -35.86%
Total Operation cost 79,041.94 69,896.92 73,697.77 222,636.63 70,899.48 75,524.01 85,109.75 231,533.23 87,148.09 81,707.98 83,534.38 252,390.44 80,657.27 86,851.50 170,873.17 338,381.94 1,044,942.24 894,115.74 150,827 16.87% 970,817.23 74,125 7.64%
IV/ - Equipment cost/PPE
1 / Depreciation and Amotization expense
26 630001 Depre. for Building 2,922.88 2,922.88 2,922.88 8,768.64 2,922.88 2,922.88 2,922.88 8,768.64 2,922.88 2,922.88 2,922.88 8,768.64 2,922.88 2,922.88 2,922.88 8,768.64 35,074.56 35,628 (553) -1.55% 35,627.78 (553) -1.55%
27 630002 Dep. Struct&Bas.Comp 7.00 7.00 7.00 21.00 7.00 7.00 7.00 21.00 7.00 7.00 7.00 21.00 7.00 7.00 7.00 21.00 84.00 27 57 216.27% 26.56 57 216.27%
28 631002 Dep. Elect.Infor Sys 153.80 245.26 245.26 644.32 245.26 245.26 245.26 735.78 245.26 245.26 245.26 735.78 164.58 164.58 164.58 493.74 2,609.62 2,490 120 4.82% 2,489.62 120 4.82%
29 631003 Dep. Handling Equip. - - - - - - - - - - - - - - - - - - - 0.00% - - 0.00%
30 632001 Dep. Trans. Equip. - - - - - - - - - - - - - - - - - - - 0.00% - - 0.00%
31 632002 Dep. Office Furnitur 163.80 163.80 163.80 491.40 163.80 163.80 163.80 491.40 163.80 163.80 163.80 491.40 98.28 98.28 98.28 294.84 1,769.04 2,334 (565) -24.21% 2,334 (565) -24.21%
Total Equipment/PPE Cost 3,247.48 3,338.94 3,338.94 9,925.36 3,338.94 3,338.94 3,338.94 10,016.82 3,338.94 3,338.94 3,338.94 10,016.82 3,192.74 3,192.74 3,192.74 9,578.22 39,537.22 40,478.18 (941) -2.32% 40,478.18 (941) -2.32%
05-Feb-22
TOTAL 135,805.00 99,708.71 111,859.25 347,372.95 100,711.27 105,335.80 114,921.54 320,968.60 116,959.88 111,519.77 120,702.34 349,181.98 110,722.86 116,517.09 200,538.76 427,778.71 1,445,302.24 1,255,750.14 189,552.11 15.09% 1,332,451.63 112,850.62 8.47%
 99Ki-97Ki & 98Ki Budget plan comparison ACC & FIN Department
YEAR 2022
TOTAL (Q1 & Q2)
EXPENSE ITEM April May Jun Jul Aug Sep
97Ki/98Ki 99Ki Variance 97Ki/98Ki 99Ki Variance 97Ki/98Ki 99Ki Variance 97Ki/98Ki 99Ki Variance 97Ki/98Ki 99Ki Variance 97Ki/98Ki 99Ki Variance 97Ki/98Ki 99Ki Variance
Head Count 18 20 (2) 18 20 (2) 18 20 (2) 18 20 2 18 20 2 18 20 2 18 20 2
Total Labor Cost 44,791.58 53,515.58 8,724.00 21,299.57 26,472.85 5,173.28 30,804.05 34,822.53 4,018.48 24,191.25 26,472.85 2,281.60 24,050.48 26,472.85 2,422.37 24,390.54 26,472.85 2,082.31 169,527.47 194,229.52 24,702.05
Total Operation cost 54,686.31 79,041.94 24,355.63 38,900.01 69,896.92 30,996.91 40,460.52 73,697.77 33,237.25 57,295.16 70,899.48 13,604.32 62,873.62 75,524.01 12,650.39 70,563.01 85,109.75 14,546.74 324,778.63 454,169.86 129,391.23
Total Equipement cost/PPE 3,153.19 3,247.48 94.29 3,440.52 3,338.94 (101.58) 3,707.33 3,338.94 (368.39) 3,497.07 3,338.94 (158.13) 3,497.14 3,338.94 (158.20) 3,599.49 3,338.94 (260.55) 20,894.74 19,942.18 (952.56)
Total: 102,631.08 135,805.00 33,173.92 63,640.10 99,708.71 36,068.61 74,971.90 111,859.25 36,887.35 84,983.48 100,711.27 15,727.79 90,421.24 105,335.80 14,914.56 98,553.04 114,921.54 16,368.50 515,200.84 668,341.56 153,140.72
%32.32 %56.68 %49.20 %18.51 %16.49 %16.61 %29.72
YEAR 2022 YEAR 2023
TOTAL (Q3 & Q4)
EXPENSE ITEM Oct Nov Dec Jan Feb Mar
97Ki/98Ki 99Ki Variance 97Ki/98Ki 99Ki Variance 97Ki/98Ki 99Ki Variance 97KI/98Ki 99Ki Variance 97KI/98Ki 99Ki Variance 97KI/98Ki 99Ki Variance 97Ki/98Ki 99Ki Variance
Head Count 18 20 2 18 20 2 18 20 (2) 18 20 (2) 18 20 (2) 18 20 (2) 18 20 (2)
Total Labor Cost 24,702.60 26,472.85 1,770.25 24,019.15 26,472.85 2,453.70 30,594.04 33,829.02 3,234.98 23,906.78 26,872.85 2,966.07 24,203.09 26,472.85 2,269.76 24,203.09 26,472.85 2,269.76 151,628.75 166,593.27 14,964.52
Total Operation cost 73,563.74 87,148.09 13,584.35 77,653.12 81,707.98 4,054.86 87,280.62 83,534.38 (3,746.24) 79,135.13 80,657.27 1,522.14 75,750.65 86,851.50 11,100.85 175,986.85 170,873.17 (5,113.68) 569,370.11 590,772.38 21,402.27
Total Equipement cost/PPE 3,578.37 3,338.94 (239.43) 3,324.11 3,338.94 14.83 3,294.43 3,338.94 44.51 3,128.84 3,192.74 63.90 3,128.84 3,192.74 63.90 3,128.84 3,192.74 63.90 19,583.44 19,595.04 11.60
Total: 101,844.71 116,959.88 15,115.17 104,996.38 111,519.77 6,523.39 121,169.09 120,702.34 (466.75) 106,170.75 110,722.86 4,552.11 103,082.58 116,517.09 13,434.50 203,318.78 200,538.76 (2,780.02) 740,582.30 776,960.69 36,378.39
%14.84 %6.21 (%0.39) %4.29 %13.03 (%1.37) 4.91%
YEAR 2021 YEAR 2022
TOTAL(Q1-Q4)
EXPENSE ITEM Q1 Q2 Q3 Q4
97Ki/98Ki 99Ki Variance 97KI/98Ki 99Ki Variance 97Ki'/98Ki 99Ki Variance 97Ki/98Ki 99Ki Variance 97Ki/98Ki 99Ki Variance
Head Count 18 20 (2) 18 20 2 20 20 - 18 20 - 18 20 2
Total Labor Cost 96,895.20 114,810.97 17,915.77 72,632.27 79,418.55 6,786.28 79,315.79 86,774.72 7,458.93 72,312.96 79,818.55 7,505.59 321,156.22 360,822.78 39,666.56
Total Operation cost 134,046.84 222,636.63 88,589.79 190,731.79 231,533.23 40,801.44 238,497.48 252,390.44 13,892.96 330,872.63 338,381.94 7,509.31 894,148.74 1,044,942.24 150,793.50
Total Equipement cost/PPE 10,301.04 9,925.36 (375.68) 10,593.70 10,016.82 (576.88) 10,196.91 10,016.82 (180.09) 9,386.53 9,578.22 191.69 40,478.18 39,537.22 (940.96)
Total: 241,243.08 347,372.95 106,129.87 273,957.76 320,968.60 47,010.84 328,010.18 349,181.98 21,171.80 412,572.12 427,778.71 15,206.59 1,255,783.14 1,445,302.24 189,519.11
%43.99 %17.16 %6.45 %3.69 %15.09

99Ki-MOTHLY BUDGET PLAN & ACTUAL COMPARISON

203,318.78

200,538.76
250,000.00 Q1= 43.99% Q2= 17.16% Q3= 6.45% Q4= 3.69% %70.00

%60.00
135,805.00

200,000.00 %56.68
%50.00

121,169.09

120,702.34
116,959.88

116,517.09
114,921.54
%49.20
111,859.25

111,519.77

110,722.86
106,170.75
105,335.80

104,996.38

103,082.58
102,631.08

101,844.71
100,711.27

%40.00
99,708.71

98,553.04

150,000.00
90,421.24
84,983.48
74,971.90

%30.00
63,640.10

%32.32
100,000.00 %16.49
%18.51 %13.03
%20.00
%16.61 %14.84 %4.29
%10.00
50,000.00 %6.21 (%0.39)
%0.00

- (%1.37) (%10.00)
ARP MAY JUNE JUL AUG SEP OCT NOV DEP JAN FEB MAR

05-Feb-22 Actual 97Ki/98Ki Plan in 99Ki Variance %

 Summary budget plan in comparison ACC & FIN Department
Budget in 99 Ki (Apirl'22-Mar'23)
EXP. ITEM (S)
ACT-97Ki/98Ki PLAN-99Ki Amt Variance Variance% Remark
I- HEADCOUNT 18 20 2 %11.11 
II- LABOR COST $ 321,156.22 $ 360,822.78 $ 39,666.56 %12.35 
III- OPERATION COST $ 894,148.74 $ 1,044,942.24 $ 150,793.50 %16.86 
IV- EQUIPMENT COST/PPE $ 40,478.18 $ 39,537.22 $ (940.96) (%2.32) 
TOTAL $ 1,255,783.14 $ 1,445,302.24 $ 189,519.11 %15.09 

$189,519.11
% 15.09 $ 1,445,302.24
$39,537.22
$1,255,783.14 150,793.50
% 16.86
$40,478.18 % 12.35 39,666.56
: Operation Cost +16.87%
- Increase the bank charge + 35.18 % base QTY purchase plan in 99Ki (97 Ki =
263,420UN, 98Ki = 348, 645 and plan in 99 Ki = 404,294 UN increase 140, 874 UN
in 99Ki comparing in 97Ki ) $1,044,942.24
- Increase Audit fee (translate khmer on report) + 4.17%
$894,148.74 - Tax expense -4.37%
- Other expense +3.34% (Deduct expense irregular)

: Labor cost increase +12.35% : Equipment/PPE Cost -2.32%

- Increase annual salary 10% - Building cost - 1.55 % due to number employee allocation.
- Seniority & proactive since Year 2018 & 13th Salary +16.37% - Plan buy new computer 2UN + 4.82%
- Promote 2 candidates increase 5% - Depreciation office furniture - 7.21% due to declining
$321,156.22 - Plan new recruit 1 manpower & replacement one staff formula $360,822.78

- Actual (97Ki/98Ki) (% 2.32) (940.96) - Plan (99Ki)

Labor cost Operstion cost Equip'nt cost

05-Feb-22
 99Ki-98Ki Budget plan comparison ACC & FIN Department
YEAR 2022
TOTAL (Q1 & Q2)
EXPENSE ITEM April May Jun Jul Aug Sep
98Ki 99Ki Variance 98Ki 99Ki Variance 98Ki 99Ki Variance 98Ki 99Ki Variance 98Ki 99Ki Variance 98Ki 99Ki Variance 98Ki 99Ki Variance
Head Count 18 20 (2) 18 20 (2) 18 20 (2) 18 20 2 18 20 2 18 20 2 18 20 2
Total Labor Cost 44,791.58 53,515.58 8,724.00 21,299.57 26,472.85 5,173.28 30,804.05 34,822.53 4,018.48 24,191.25 26,472.85 2,281.60 24,050.48 26,472.85 2,422.37 24,390.54 26,472.85 2,082.31 169,527.47 194,229.52 24,702.05
Total Operation cost 57,112.61 79,041.94 21,929.33 47,700.03 69,896.92 22,196.89 79,662.36 73,697.77 (5,964.59) 65,237.09 70,899.48 5,662.39 68,757.93 75,524.01 6,766.08 93,342.60 85,109.75 (8,232.85) 411,812.62 454,169.86 42,357.24
Total Equipement cost/PPE 3,153.19 3,247.48 94.29 3,440.52 3,338.94 (101.58) 3,707.33 3,338.94 (368.39) 3,497.07 3,338.94 (158.13) 3,497.14 3,338.94 (158.20) 3,599.49 3,338.94 (260.55) 20,894.74 19,942.18 (952.56)
Total: 105,057.38 135,805.00 30,747.62 72,440.12 99,708.71 27,268.59 114,173.74 111,859.25 (2,314.49) 92,925.41 100,711.27 7,785.86 96,305.55 105,335.80 9,030.25 121,332.63 114,921.54 (6,411.09) 602,234.83 668,341.56 66,106.73
%29.27 %37.64 (%2.03) %8.38 %9.38 (%5.28) %10.98
YEAR 2022 YEAR 2023
EXPENSE ITEM
TOTAL (Q3 & Q4)
Oct Nov Dec Jan Feb Mar
98Ki 99Ki Variance 98Ki 99Ki Variance 98Ki 99Ki Variance 98Ki 99Ki Variance 98Ki 99Ki Variance 98Ki 99Ki Variance 98Ki 99Ki Variance
Head Count 18 20 2 18 20 2 18 20 (2) 18 20 (2) 18 20 (2) 18 20 (2) 18 20 (2)
Total Labor Cost 24,702.60 26,472.85 1,770.25 24,019.15 26,472.85 2,453.70 30,594.04 33,829.02 3,234.98 23,906.78 26,872.85 2,966.07 24,203.09 26,472.85 2,269.76 24,203.09 26,472.85 2,269.76 151,628.75 166,593.27 14,964.52
Total Operation cost 73,445.92 87,148.09 13,702.17 94,757.13 81,707.98 (13,049.15) 75,300.39 83,534.38 8,233.99 75,300.39 80,657.27 5,356.88 75,300.39 86,851.50 11,551.11 164,900.39 170,873.17 5,972.78 559,004.61 590,772.38 31,767.77
Total Equipement cost/PPE 3,578.37 3,338.94 (239.43) 3,324.11 3,338.94 14.83 3,294.43 3,338.94 44.51 3,128.84 3,192.74 63.90 3,128.84 3,192.74 63.90 3,128.84 3,192.74 63.90 19,583.44 19,595.04 11.60
Total: 101,726.89 116,959.88 15,232.99 122,100.39 111,519.77 (10,580.62) 109,188.86 120,702.34 11,513.48 102,336.01 110,722.86 8,386.85 102,632.32 116,517.09 13,884.76 192,232.32 200,538.76 8,306.44 730,216.80 776,960.69 46,743.89
%14.97 (%8.67) %10.54 %8.20 %13.53 %4.32 6.40%
YEAR 2021 YEAR 2022
TOTAL(Q1-Q4)
EXPENSE ITEM Q1 Q2 Q3 Q4
98Ki 99Ki Variance 98Ki 99Ki Variance 98Ki 99Ki Variance 98Ki 99Ki Variance 98Ki 99Ki Variance
Head Count 18 20 (2) 18 20 2 20 20 - 18 20 - 18 20 2
Total Labor Cost 96,895.20 114,810.97 17,915.77 72,632.27 79,418.55 6,786.28 79,315.79 86,774.72 7,458.93 72,312.96 79,818.55 7,505.59 321,156.22 360,822.78 39,666.56
Total Operation cost 184,475.00 222,636.63 38,161.63 227,337.62 231,533.23 4,195.61 243,503.44 252,390.44 8,887.00 315,501.17 338,381.94 22,880.77 970,817.23 1,044,942.24 74,125.01
Total Equipement cost/PPE 10,301.04 9,925.36 (375.68) 10,593.70 10,016.82 (576.88) 10,196.91 10,016.82 (180.09) 9,386.53 9,578.22 191.69 40,478.18 39,537.22 (940.96)
Total: 291,671.24 347,372.95 55,701.71 310,563.59 320,968.60 10,405.01 333,016.14 349,181.98 16,165.84 397,200.66 427,778.71 30,578.05 1,332,451.63 1,445,302.24 112,850.62
%19.10 %3.35 %4.85 %7.70 %8.47

99Ki-MOTHLY BUDGET PLAN & ACTUAL COMPARISON

200,538.76
192,232.32
250,000.00 %50.00
Q1= 19.10% Q2= 3.35% Q3= 4.85% Q4= 7.70%
%40.00
200,000.00
135,805.00

%37.64

122,100.39
121,332.63

120,702.34
116,959.88

116,517.09
114,921.54 %30.00
114,173.74

111,859.25

111,519.77

110,722.86
109,188.86
105,335.80
105,057.38

102,632.32
102,336.01
101,726.89
100,711.27

%29.27
99,708.71

96,305.55
92,925.41

150,000.00
%13.53
%20.00
%8.20
72,440.12

%10.54
%8.38 %9.38 %14.97
%10.00
100,000.00

%0.00
(%2.03) %4.32
50,000.00 (%5.28)
(%8.67) (%10.00)

- (%20.00)
ARP MAY JUN JUL AUG SEP OCT NOV DEP JAN FEB MAR
Actual 98Ki Plan in 99Ki Variance %
05-Feb-22
 Summary budget plan in comparison ACC & FIN Department
Budget in 99Ki (Apirl'22-Mar'23)
EXP. ITEM (S)
ACT-98Ki PLAN-99Ki Amt Variance Variance% Remark
I- HEADCOUNT 18 20 2 %11.11 
II- LABOR COST $ 321,156.22 $ 360,822.78 $ 39,666.56 %12.35 
III- OPERATION COST $ 970,817.23 $ 1,044,942.24 $ 74,125.01 %7.64 
IV- EQUIPMENT COST/PPE $ 40,478.18 $ 39,537.22 $ (940.96) (%2.32) 
TOTAL $ 1,332,451.63 $ 1,445,302.24 $ 112,850.62 %8.47 

$112,850.62
% 8.47 $ 1,445,302.24
$1,332,451.63 $39,537.22
$40,478.18 % 12.35 39,666.56 % 7.64 74,125.01

: Operation Cost +7.64%

- Increase the bank charge + 13% base QTY purchase plan in 99Ki (97 Ki = 263,420UN, 98Ki = 348,
645 and plan in 99 Ki = 404,294 UN increase 55, 649 UN in 99Ki comparing in 98Ki)
- Increase Audit fee (translate khmer on report) + 4.17%
$1,044,942.24
$970,817.23 - Tax expense -4.37%
- Other expense -6.64% (Deduct expense irregular)

: Labor cost increase +12.35% : Equipment/PPE Cost -2.32%

- Increase annual salary 10% - Building cost - 1.55 % due to number employee allocation.
- Seniority & proactive since Year 2018 & 13th Salary +16.37% - Plan buy new computer 2UN + 4.82%
- Promote 2 candidates increase 5% - Depreciation office furniture - 7.21% due to declining formula
$321,156.22 - Plan new recurite 1 man power & replancement one staff $360,822.78

- Actual (98Ki) (940.96) - Plan (99Ki)

(% 2.32)
Labor cost Operstion cost Equip'nt cost
05-Feb-22
 Summary budget plan in comparison ACC & FIN Department

Budget in 99 Ki (Apirl'22-Mar'23)
EXP. ITEM (S)
ACT-97Ki/98Ki PLAN-99Ki Amt Variance Variance% Remark
I- HEADCOUNT 18 20 2 %11.11 
II- LABOR COST $ 321,156.22 $ 360,822.78 $ 39,666.56 %12.35 
III- OPERATION COST $ 894,148.74 $ 1,044,942.24 $ 150,793.50 %16.86 
IV- EQUIPMENT COST/PPE $ 40,478.18 $ 39,537.22 $ (940.96) (%2.32) 
TOTAL $ 1,255,783.14 $ 1,445,302.24 $ 189,519.11 %15.09 

Budget in 99Ki (Apirl'22-Mar'23)

EXP. ITEM (S)
ACT-98Ki PLAN-99Ki Amt Variance Variance% Remark
I- HEADCOUNT 18 20 2 %11.11 
II- LABOR COST $ 321,156.22 $ 360,822.78 $ 39,666.56 %12.35 
III- OPERATION COST $ 970,817.23 $ 1,044,942.24 $ 74,125.01 %7.64 
IV- EQUIPMENT COST/PPE $ 40,478.18 $ 39,537.22 $ (940.96) (%2.32) 
TOTAL $ 1,332,451.63 $ 1,445,302.24 $ 112,850.62 %8.47 

05-Feb-22
05-Feb-22