ALERSHIP_CALBAYOG INCOME STATEMENT FOR THE PERIOD OF DECEMBER 31, 2019

AS OF AS OF

30-Nov-19 DEBIT CREDIT THIS MONTH 31-Dec-19

Gross Operating Income

I-01 Sales 32,960,551.88 0.00 2,119,227.27 2,119,227.27 35,079,779.15
I-01A Sales Return & All (48,400.14) 0.00 0.00 0.00 (48,400.14)
I-01B Sales Discount (64,586.62) 9,609.30 0.00 (9,609.30) (74,195.92)
I-02 Miscellaneous Inco 1,182.14 0.00 0.00 0.00 1,182.14
Gross Operating I 32,848,747.26 2,109,617.97 34,958,365.23

Cost of Sales
E-03 Cost of Good Sold 20,533,104.95 1,284,181.85 0.00 1,284,181.85 21,817,286.80
Cost of Sales 20,533,104.95 1,284,181.85 21,817,286.80

GROSS MARGIN 12,315,642.31 825,436.12 13,141,078.43

Operating Expenses
E-02 Warranty 0.00 0.00 0.00 0.00 0.00
E-10 Delivery Expense 1,020.00 1,500.00 0.00 1,500.00 2,520.00
E-11 Bank Charges 4,000.00 0.00 0.00 0.00 4,000.00
E-12 Postage & Communi 47,565.00 340.00 0.00 340.00 47,905.00
E-13 Computer Services 0.00 0.00 0.00 0.00 0.00
E-14 Depreciation 84,730.56 0.00 0.00 0.00 84,730.56
E-15 Documentary Stam 0.00 0.00 0.00 0.00 0.00
E-16 Donations & Contri 1,700.00 500.00 0.00 500.00 2,200.00
E-17 Employee Benefits 12,500.00 6,841.75 0.00 6,841.75 19,341.75
E-18 Gas & Oil 102,866.84 5,850.00 0.00 5,850.00 108,716.84
E-19 Incentives 18,811.00 631.00 0.00 631.00 19,442.00
E-20 Inventory Transfers 0.00 0.00 0.00 0.00 0.00
E-21 Registration & Ins 300.00 0.00 0.00 0.00 300.00
E-22 Light, Power & Wat 72,951.41 6,017.08 0.00 6,017.08 78,968.49
E-23 Advertising, Marke 28,642.00 0.00 0.00 0.00 28,642.00
E-24 Office supplies exp 23,887.10 2,120.65 0.00 2,120.65 26,007.75
E-25 Commission 0.00 0.00 0.00 0.00 0.00
E-26 Outside Service 2,489.00 0.00 0.00 0.00 2,489.00
E-27 Trucking & Hauling 0.00 0.00 0.00 0.00 0.00
E-28 Rent Expenses 219,007.90 0.00 0.00 0.00 219,007.90
E-29 Repairs & Maintena 109,904.95 10,103.00 0.00 10,103.00 120,007.95
E-30 Representation & E 0.00 7,782.00 0.00 7,782.00 7,782.00
E-31 Salaries & Wages 892,730.25 88,865.50 0.00 88,865.50 981,595.75
E-32 Bad Debt Expense 0.00 0.00 0.00 0.00 0.00
E-33 Absorbed Expenses 0.00 0.00 0.00 0.00 0.00
E-34 Professional Servic 1,973.70 0.00 0.00 0.00 1,973.70
E-35 Taxes And Licenses 343,016.39 4,822.69 0.00 4,822.69 347,839.08
E-36 Transportation & Tr 75,509.00 491.00 0.00 491.00 76,000.00
E-37 Amortization Expen 0.00 0.00 0.00 0.00 0.00
E-38 Miscellaneous Expe 3,482.64 0.00 0.00 0.00 3,482.64
E-39 Freight Expense 0.00 0.00 0.00 0.00 0.00
E-40 Security And Servic 0.00 0.00 0.00 0.00 0.00
E-41 Printing & Reproduc 15,070.00 0.00 0.00 0.00 15,070.00
E-42 Loss on Stock Hand 0.00 0.00 0.00 0.00 0.00
E-43 Consultancy Fee 200.00 0.00 0.00 0.00 200.00
E-50 Interest Expenses 0.00 0.00 0.00 0.00 0.00
E-55 Loss on Breakage 0.00 0.00 0.00 0.00 0.00
E-60 Gasoline Allowance 0.00 0.00 0.00 0.00 0.00
E-61 Unloading fee 75,200.00 11,000.00 0.00 11,000.00 86,200.00
E-62 Government Contrib 111,688.10 962.50 0.00 962.50 112,650.60
E-63 Meal Allowance 6,551.00 4,940.00 0.00 4,940.00 11,491.00
E-64 Loss on Thief 0.00 0.00 0.00 0.00 0.00
E-65 Provision for 2% A 656,951.31 42,192.36 0.00 42,192.36 699,143.67
E-66 Allowances 0.00 0.00 0.00 0.00 0.00
E-67 Lodging 0.00 0.00 0.00 0.00 0.00
E-68 Packing Supplies 23,040.00 0.00 0.00 0.00 23,040.00
E-69 13th Month Pay 35,912.09 38,650.83 0.00 38,650.83 74,562.92
E-70 Professional Fees 0.00 0.00 0.00 0.00 0.00
E-71 Penalties 500.00 0.00 0.00 0.00 500.00
Operating Expense 2,972,200.24 233,610.36 3,205,810.60

NET OPERATING INCOME 9,343,442.07 591,825.76 9,935,267.83

Other Income (Expenses)

I-50 Didivend Income 0.00 0.00 0.00 0.00 0.00
I-51 Interest Income 129.90 0.00 362.52 362.52 492.42
I-52 Rent Income 0.00 0.00 0.00 0.00 0.00
I-53 Share In Subsidiary 0.00 0.00 0.00 0.00 0.00
I-54 Gain (Loss) On Sale 0.00 0.00 0.00 0.00 0.00
I-55 Other Income 17,600.00 0.00 6,095.46 6,095.46 23,695.46
Other Income (Exp 17,729.90 6,457.98 24,187.88

NET INCOME BEFORE INTEREST & TAXES 9,361,171.97 598,283.74 9,959,455.71

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