Metacoats Plastic Factory

Profit and Loss

Basis: Accrual

From 01 Jan 2022 To 31 Dec 2022

Account Account Code Total

Operating Income

Other Charges 0.03

Sales 3,416,325.41

Total for Operating Income 3,416,325.44

Cost of Goods Sold

Cost of Goods Sold 1,425,098.93

Delivery Charges 1,410.00

Factory Consumables 115,969.93

Shipping and Clearance Expenses 353,370.04

Total for Cost of Goods Sold 1,895,848.90

Gross Profit 1,520,476.54

Operating Expense

Audit Expenses 14,000.00

Bank Fees and Charges 9,171.61

Consultant Expense 8,871.00

Electricity and Fuel Charges 426,428.80

License and Fee 34,559.16

Lodging 130.06

Meals and Entertainment 10,284.87

Office Supplies 18,212.26

Other Expenses 1,512.34

Postage 243.00

Printing and Stationery 351.43

Rent & Utilities Expense 443,759.09

Repairs and Maintenance 9,606.19

Salaries and Employee Wages 728,870.64

 Account Account Code Total

Staff Visa and Transportation Costs 79,461.50

Telephone Expense 4,609.02

Tools and Equipments 7,871.97

Travel and Automobile Expense 29,737.04

Total for Operating Expense 1,827,679.98

Operating Profit -307,203.44

Non Operating Income

Total for Non Operating Income 0.00

Non Operating Expense

Exchange Gain or Loss -127.61

Total for Non Operating Expense -127.61

Net Profit/Loss -307,075.83

**Amount is displayed in your base currency AED