Detailed Income Statement
Revenue
Sales
55,256,164.74
63,646,132.43
Cost of Sales
Opening stock
1,420,367.31
2,105,325.63
Purchases
49,146,865.36
56,519,277.41
Closing stock
(1,420,367.31)
(1,420,367.31)
Gross Profit
6,109,299.38
6,441,896.70
Expenditure
Accounting Fees
9,753.26
18,048.26
Advertising & Promotions
75,698.18
56,689.40
Bank Charges
273,131.95
328,265.55
Cleaning
17,186.39
31,877.50
Computer Expenses
38,046.96
19,942.34
Consulting Fees
11,250.00
13,000.00
Depreciation CONTROL
1,200.00
-
Electricity & Water
332,902.22
247,275.37
Insurance
110,047.91
95,325.15
Interest Paid
596.70
418.91
Motor Vehicle Expenses
2,220.00
3,304.35
Printing & Stationery
15,474.66
19,984.12
Rent Paid
2,285,610.88
2,304,493.87
Repairs & Maintenance
11,285.05
14,879.64
Salaries & Wages
2,599,580.99
2,715,878.96
Security
28,693.05
23,841.00
Staff Welfare
20,281.00
52,302.78
Subscriptions
54,801.64
47,569.23
Telephone & Fax
11,310.24
10,365.30
Travel & Accommodation
10,287.83
27,390.05
Profit / (loss) before tax
199,940.47
410,569.43
Profit / (loss) for the year
199,940.47
410,569.43