Sales 48,150,110.00
opening Raw Material 1,800,000.00
Purchases 35,295,070.00
Carriage inward 417,530.00
material Available for use 37,512,600.00
closing Raw Material (1,525,100.00)
Material consumed 35,987,500.00
FOH:
Wages and Benefits 3,183,124.00
Rates & Taxes 113,250.00
Repairs to Buildings 75,088.00
Heat & Lighting 869,677.00
Factory Insurance 20,750.00
Repairs to Plant 157,806.00
Depreciation P&M 3,300,000.00
Dep Fac Building 230,000.00
Total Factory cost 7,949,695.00
Opening WIP 625,000.00
Closing WIP (325,000.00)
CGM 44,237,195.00
Opening FG 1,250,000.00
(3,037,560.00)
CGS 42,449,635.00
GP 5,700,475.00
Salarirs 487,833.00
Postage & Telephone 117,723.00
Printing & Stationary 37,500.00
Legal & Professional 105,250.00
Insurance 6,075.00
Dep Office Furniture 26,250.00
Bad Debts Expense 235,000.00
Audit Fee 35,000.00
Total Admin Exp 1,050,631.00
Sundry Trade Expense 872,149.00
Total Selling epenses 872,149.00
Bank Charges 17,561.00
Interest on long term loans 1,162,500.00
commissions 1,065,110.00
Total Finanical Expense 2,245,171.00
Net Profit before tax 1,532,524.00
Taxation 536,383.40
Net Profit after Tax 996,140.60
Dividend Income quoted 37,500.00
Dividend income unqoted 35,000.00
Dividend on subsidery 9,000.00
Total dividend income 81,500.00
Net Income 3,146,548.00
P&L - July 1,2010 1,875,000.00
Unappropriated Income 5,021,548.00
Appropriation:
Dividend on Preference shares 31/12/10 20,000.00
Dividend on Preference shares 2,040,000.00
Dividend on Ordinary Shares 525,000.00
2,585,000.00
Unappropriated bal CF 2,436,548.00
0 comments:
Post a Comment