Alazar Getachew /EVANNA AUTO TRUCK/

PROVISIONAL PROFIT & LOSS STATEMENT

For The Seven Month Ended Feb 8,2024 G.C

Revenues
Sales of Spare Parts 4,591,666.78
Other Income -
Total Revenue 4,591,666.78

Cost of Sales
Costs 2,846,524.23

Gross Profit 1,745,142.55

Expenses
Salary 280,000.00
Transport Allowance 70,000.00
Pension Contribution Expene 30,800.00
Office Rent 175,000.00
Electricity & Utilitties 6,542.14
Telephone 17,822.00
Insurance 26,452.40
Penality 12,432.50
License and Manicipality 2,560.00
Stationeries & Office Supplies 10,246.52
Depreciation- Office Furniture 74,179.41
Total Expense 706,034.97

Net Income 1,039,107.58

Alazar Getachew /EVANNA AUTO TRUCK/
PROVISIONAL BALANCE SHEET
AT THE END OF FEBRUARY 8,2024 G.C

Fixed Asset (Net) 773,585.29

Current Asset
Cash On Bank & Hand 102,345.63
Income Recevable/Trade/ 242,314.56
Pre Paid Expenses 11,541.67
Withholding Tax 91,833.34
Inventory Stock 957,257.79
Total Current Asset 1,405,292.99

Total Asset 2,178,878.27

Equity and Liability

Liabilities
Current Liabilities
Income Tax 14,256.12
Vat Payable 113,412.25
Pension Payable 12,102.32
Total Current Liabilities 139,770.69

Capital
Capital 1,000,000.00
Profit and Loss 1,039,107.58
Total Capital 2,039,107.58

Total Equity and Liability 2,178,878.27