BIBA Lavandera Laundry Shop Income Statement For the Year Ended December 3
Service Revenue: Less: Operating Expense Salaries Wages Supplies Advertising Taxes Expenses (permits, etc.) Miscellaneous Utilities Repair and Maintenance SSS Premuim Phil. Health Premuim Fire Extinguishers Depreciation - Building Depreciation - Machineries Depreciation - Equipment Depreciation - Furniture and Fixture Depreciation - Water Tank Depreciation - Tricycle Fuel and Tricycle Maintenance Expense Total Operating Expense: Income before tax Provision Income Tax Net Income: 2010 1,003,442.44 114,500.40 252,288.00 53,561.50 2,400.00 19,000.00 2,000.00 80,388.00 1,833.12 29,130.00 6,550.00 4,000.00 19,000.00 7,896.40 1,981.16 2,470.00 949.98 2011 1,354,647.29 114,500.40 252,288.00 72,308.03 5,000.00 12,500.00 2,000.00 87,588.00 1,833.12 29,130.00 6,550.00 4,000.00 19,000.00 7,896.40 1,981.16 2,470.00 949.98 2012 2,031,970.94 114,500.40 252,288.00 108,462.03 5,000.00 14,000.00 2,000.00 96,346.80 1,833.12 29,130.00 6,550.00 4,000.00 19,000.00 7,896.40 1,981.16 2,470.00 949.98 2013 4,063,941.88 114,500.40 252,288.00 216,924.06 12,000.00 28,000.00 2,000.00 105,777.00 3,163.04 29,130.00 6,550.00 4,000.00 19,000.00 11,844.60 1,981.16 2,470.00 949.98 13,500.00 80,080.00 904,158.24 3,159,783.64 1,011,130.76 2,148,652.88 2014 5,079,927.35 349,500.00 400,543.04 271,155.76 5,000.00 21,000.00 2,000.00 118,979.05 3,163.04 68,640.00 17,400.00 4,000.00 19,000.00 11,844.60 1,981.16 2,470.00 949.98 13,500.00 90,180.00 1,401,306.63 3,678,620.72 1,177,158.63 2,501,462.09
597,948.56 405,493.88 129,758.04 275,735.84
619,995.09 734,652.20 235,088.70 499,563.50
666,407.89 1,365,563.05 436,980.18 928,582.87
BIBA Lavandera Laundry Shop Capital Statement For the Year Ended in December 31, 2010
Capital, Jan. 1, 2010 Net income for the year Less Withdrawal Increase in Capital Capital, Dec. 31, 2010 2010 1,750,000.00 275,735.84 100,000.00 175,735.84 1,925,735.84 2011 1,925,735.84 499,563.50 120,000.00 379,563.50 2,305,299.34 2012 2,305,299.34 928,582.87 240,000.00 688,582.87 2,993,882.21 2013 2,993,882.21 2,148,652.88 400,000.00 1,748,652.88 4,742,535.09 2014 4,742,535.09 2,501,462.09 120,000.00 2,381,462.09 7,123,997.18
BIBA Lavandera Laundry Shop Statement of Cash Flows For the Year Ended December, 31
2010 Cash flows from operating activities: Cash received from customers Payment for wages and other operating expense Salaries Wages Supplies Advertising Tax (permits, etc.) Utilities Repair and Maintenance SSS Premuim Phil Health Premium Miscellaneous Fire Extinguishers Renovation Utilities Payable SSS payable Phil Health payable Total payment for operating expenses Purchase of supplies Purchase of Machineries Purchase of Equipment Purchase of Water Tank Purchase of furniture and fixture Purchase of Tricycle Payment for Fuel and Maintenance Cash payment for income tax Net Cash used for operating activities Cash flows from financing activities: Cash investments by the owner Cash withdrawal by the owner Net Cash from financing activities: Cash Beginning Balance Cash Balance: 1,003,442.44 (114,500.40) (252,288.00) (53,561.50) (2,400.00) (25,000.00) (73,698.00) (1,833.12) (19,796.70) (3,275.00) (2,000.00) (4,000.00) (30,000.00) 2011 1,354,647.29 (114,500.40) (252,288.00) (55,671.08) (5,000.00) (15,000.00) (80,289.00) (1,833.12) (19,796.70) (3,275.00) (2,000.00) (4,000.00) (6,695.00) (3,275.00) (9,333.30) (572,956.60) (22,446.23) 2012 2,031,970.94 (114,500.40) (252,288.00) (86,015.80) (5,000.00) (20,000.00) (88,317.90) (1,833.12) (19,796.70) (3,275.00) (2,000.00) (4,000.00) (7,299.00) (3,275.00) (9,333.30) (616,934.22) (32,538.50) 2013 4,063,941.88 (114,500.40) (252,288.00) (184,385.56) (12,000.00) (20,000.00) (96,962.25) (3,163.04) (19,796.70) (3,275.00) (2,000.00) (4,000.00) (8,028.90) (3,275.00) (9,333.30) (733,008.15) (65,077.00) (33,248.00) 2014 5,079,927.35 (349,500.00) (400,543.04) (206,078.76) (5,000.00) (20,000.00) (109,064.13) (3,163.04) (46,641.60) (8,700.00) (2,000.00) (4,000.00) (8,814.75) (3,275.00) (9,333.30) (1,176,113.62) (77,189.00)
(582,352.72) (16,631.95) (66,496.00) (10,458.75) (9,999.75) (13,000.00)
(129,758.04) (828,697.21)
(235,088.70) (830,491.53)
(436,980.18) (1,086,452.90)
(190,000.00) (80,080.00) (1,011,130.76) (2,112,543.91)
(90,180.00) (1,177,158.63) (2,520,641.25)
280,000.00 (100,000.00) 180,000.00 354,745.23
(120,000.00) (120,000.00) 354,745.23 758,900.99
(240,000.00) (240,000.00) 758,900.99 1,464,419.03
(400,000.00) (400,000.00) 1,464,419.03 3,015,817.00
(120,000.00) (120,000.00) 3,015,817.00 5,455,103.10
BIBA Lavandera Laundry Shop Balance Sheet December 31, 2009
2010 Assets: Cash Prepaid Taxes Supplies Machineries Accumulated Depreciation - Machineries Water Tank Accumulated Depreciation -Water Tank Equipment Accumulated Depreciation - Equipment Furniture and Fixtures Accumulated Depreciation - Furniture and Fixtures Building Accumulated Depreciation - Building Land Tricycle Accumulated Depreciation - Tricycle Total Asset: Liabilities: Phil Health Payable SSS Payable Utilities Payable Capital: J. Bernil, Capital Total Liabilities and Capital: 354,745.23 6,000.00 16,636.95 66,496.00 (7,896.40) 9,999.75 (949.98) 10,458.75 (1,981.16) 13,000.00 (2,470.00) 400,000.00 (19,000.00) 1,100,000.00 2011 758,900.99 8,500.00 22,446.23 66,496.00 (15,792.80) 9,999.75 (1,899.96) 10,458.75 (3,962.32) 13,000.00 (4,940.00) 400,000.00 (38,000.00) 1,100,000.00 2012 1,464,419.03 14,500.00 32,538.50 66,496.00 (23,689.20) 9,999.75 (2,849.94) 10,458.75 (5,943.48) 13,000.00 (7,410.00) 400,000.00 (57,000.00) 1,100,000.00 2013 3,015,817.00 6,500.00 65,077.00 99,744.00 (35,533.80) 9,999.75 (3,799.92) 10,458.75 (7,924.64) 13,000.00 (9,880.00) 400,000.00 (76,000.00) 1,100,000.00 190,000.00 (13,500.00) 4,763,958.14 2014 5,455,103.10 5,500.00 77,189.00 99,744.00 (47,378.40) 9,999.75 (4,749.90) 10,458.75 (9,905.80) 13,000.00 (12,350.00) 400,000.00 (95,000.00) 1,100,000.00 190,000.00 (27,000.00) 7,164,610.50
1,945,039.14
2,325,206.64
3,014,519.41
3,275.00 9,333.30 6,695.00
3,275.00 9,333.30 7,299.00
3,275.00 9,333.30 8,028.90
3,275.00 9,333.30 8,814.75
8,700.00 21,998.40 9,914.92
1,925,735.84 1,945,039.14
2,305,299.34 2,325,206.64
2,993,882.21 3,014,519.41
4,742,535.09 4,763,958.14
7,123,997.18 7,164,610.50