SALES- G TOTAL

1337

144553

117

12798

98

10278

82

8970

95

10108

97

10094

100

10754

111

12318

119

12443

126

13436

124

13815

128

14639

140

C.O.S.- G TOTAL

1337

133036

117

11820

98

9484

82

8236

95

9284

97

9286

100

9845

111

11354

119

11406

126

12339

124

12757

128

13509

140

14900
13716

AL MASHREQ GROUP
BUDGET FOR THE YEAR -2011/12 ( July 2011 to June -2012 )

INCOME STATEMENT - all departments combined

% to
Sales

BUDGET-2011/12

% to
Sales

SALES

2010/11- annualized
Actual
154,331,026

COST OF SALES

82.62

(127,503,450)

GROSS MARGIN

17.38

26,827,576

OTHER INCOME

1.47

2,266,401

TOTAL INCOME

18.85

29,093,977

14.36

8,957,353
2,661,210
759,368
3,654,187
2,379,024
859,085
2,888,050
22,158,277

4.49

6,935,700

Staff costs
Rent
Advertising
Depreciation
Sales commission
Gen/ admin expenses
Finance charges
Total Expenses and Charges
Net ProfIt/( Loss)

Staff Costs

9,791,000

815,917

Rent

3,015,600

251,300

Printing and Stationery

125,100

10,425

Promotion and Entertainment

563,600

46,967

Travelling/ Training

156,900

13,075

Repair & Maintenance

598,700

49,892

Insurance

117,480

9,790

Selling Expenses/Collect. Com.

449,500

37,458

Govt. Registration Expenses

244,500

20,375

Electricity, Water & Fuel

620,000

51,667

Communication Expenses

252,600

21,050

Legal & Professional Charges

Advertising & Publicity

78,000

6,500

1,482,200

94,475

Car Rental - ( customs Clear.)

102,000

8,500

Misc. expenses

135,260

11,272

Loss on sale of Assets

Bank Charges
Depreciation

181,500

15,125

3,655,000

304,583

Total Expenses ( Excld. Interest)

21,568,940

1,768,370

Profit before Financing Charges

9,891,097

965,670