Hercule Logistic

BALANCE SHEET
AS AT 31- August -2013
HQ
Kyat
1000 Fixed Assets
1010 Building 10,860,800
1011 Accumulated Depcreciation (539,795)
1010 Building -2 51,673,515
1011 Accumulated Depcreciation (440,112)
1020 Generator 790,000
1021 Accumulated Depcreciation (65,835)
1030 Phone 1,000,000
1031 Accumulated Depcreciation (33,334)
1040 Motor Vehicle (Truck & Cycle) 480,000
1041 Accumulated Depcreciation (48,000)
1050 Office Equipment 5,613,850
1051 Accumulated Depcreciation (450,867)
1060 Renovation -
1061 Accumulated Depcreciation -
68,840,222
2000 Current Assets
2100 Prepayment
2200 Cash to Management -
2300 Cash in Hand 18,621,791
2400 Cash to Company 929,249,260
2500 Accounts Receivable (Muse) 8,518,826
2600 Accounts Receivable (Luojia) -
2700 Accounts Receivable (Others) (1,109,200)
2800 Advance Trip Expenses (Truck) 7,800,000
963,080,677
3000 Current Liabilities
3100 Account Payables -
3200 Advance Received -
3300 Accrual Account -
3400 Account Payables (Ygn) -
-
Net Current Assets 963,080,677
Total Assets 1,031,920,899
Financed by
4000 Share Capital 1,000,000,000
Balance as at 31.8.2013
Current Month
Description Code
4100 Retained Earning -
4200 Profit & Loss for the Period 31,920,899
1,031,920,899
TOTAL
Kyat
10,860,800
(539,795)
51,673,515
(440,112)
790,000
(65,835)
1,000,000
(33,334)
480,000
(48,000)
5,613,850
(450,867)
-
-
68,840,222
-
-
18,621,791
929,249,260
8,518,826
-
(1,109,200)
7,800,000
963,080,677
-
-
-
-
963,080,677
-
1,031,920,899
-
-
1,000,000,000
Balance as at 31.8.2013
Current Month
-
31,920,899
1,031,920,899
Hercule Logistic
PROFIT & LOSS ACCOUNTS
AS AT 31- August -2013
HQ
Kyat
5000 REVENUE
5100 Truck Income 226,084,767
5200 Other Truck Income 898,000
226,982,767
226,982,767
6000 Logistic Expenses
6110 Repair & maintenance for Trucks 9,744,893
6120 Vehicle Spare Parts & Tools 10,657,500
6130 Petrol & Diesel 294,800
6140 Salary(Driver & Spare) -
6141 Driver Mileague Fees 11,773,909
6142 Meal Charges -
6150 Transportation (Toll Charges) 141,469,017
6151 Travelling Expenses (Hotel) -
6160 Depreciation (Motor Vehicle, -
173,940,119
GROSS PROFIT 53,042,648
Other Income
7000 Other Income -
-
8100 GENERAL & ADMINISTRATION EXPENSES
8101 Direct chg 774,500
8102 Electricity & Water 1,298,400
8103 Entertainment 2,900
8104 General Expenses 2,521,150
8105 Petrol & Diesel (Office Truck & Cycle 1,301,000
8106 Maintenance & Repair for Office Equipment -
8107 Newspaper -
8108 Office Utensil 101,400
8109 Printing & Stationery 633,090
8110 Telephone Charges 1,307,700
8111 Treatment Charges 90,110
From November 2012 - to August-2013
Current Quarter
Description Code
8112 Uniform Expenses -
8113 Penalty/Fine (1,000,000)
8114 Cash (Gain)/Loss 309,712
8115 Travelling Allowance 77,500
8116 Bank charges 58,314
8117 Repair & Maintainance for Generator 220,950
8118 Petrol & Diesel (Generator ) 288,700
8119 Repair & Maintainance for Office Truck & Cycle 77,200
8120 Rental (Ware House)
8,062,626
8300 STAFF COSTS
8301 Salary 8,817,000
8302 Training Fees -
8303 Meal Charges 1,694,180
8304 Bonus -
8305 Welfare 970,000
11,481,180
PROFIT / (LOSS) FROM OPERATION 33,498,842
DEPRECIATION
8400 Depreciation (Motor Vehicle, Office Equipment, Phone, etc) 1,577,943
PROFIT BEFORE TAXATION 31,920,899
INCOME TAX EXPENSE
8600 INCOME TAX EXPENSE -
NET PROFIT /(LOSS) 31,920,899
Sub-total
Kyat
226,084,767
898,000
226,982,767
226,982,767
9,744,893
10,657,500
294,800
-
11,773,909
-
141,469,017
-
-
173,940,119
53,042,648
-
-
774,500
1,298,400
2,900
2,521,150
1,301,000
-
-
101,400
633,090
1,307,700
90,110
From November 2012 - to August-2013
Current Quarter
-
(1,000,000)
309,712
77,500
58,314
220,950
288,700
77,200
-
8,062,626
8,817,000
-
1,694,180
-
970,000
11,481,180
33,498,842
1,577,943
31,920,899
-
31,920,899
Hercule Logistic
PROFIT & LOSS ACCOUNTS
AS AT 31- August -2013
HQ
Kyat
5000 REVENUE
5100 Truck Income 50,580,082
5200 Other Truck Income -
50,580,082
50,580,082
6000 Logistic Expenses
6110 Repair & maintenance for Trucks 1,454,563
6120 Vehicle Spare Parts & Tools 4,551,350
6130 Petrol & Diesel -
6140 Salary(Driver & Spare) -
6141 Driver Mileague Fees 2,790,169
6142 Meal Charges -
6150 Transportation (Toll Charges) 36,348,965
6151 Travelling Expenses (Hotel) -
6160 Depreciation (Motor Vehicle, -
45,145,047
GROSS PROFIT 5,435,035
Other Income
7000 Other Income -
-
8100 GENERAL & ADMINISTRATION EXPENSES
8101 Direct chg 113,050
8102 Electricity & Water 983,200
8103 Entertainment -
8104 General Expenses 156,350
8105 Petrol & Diesel (Office Truck & Cycle 241,350
8106 Maintenance & Repair for Office Equipment -
8107 Newspaper -
8108 Office Utensil 38,900
8109 Printing & Stationery 148,710
8110 Telephone Charges 320,200
8111 Treatment Charges 18,000
August-2013.
Current month
Description Code
8112 Uniform Expenses -
8113 Penalty/Fine (1,000,000)
8114 Cash (Gain)/Loss 16,990
8115 Travelling Allowance -
8116 Bank charges 45,000
8117 Repair & Maintainance for Generator&Water Pump 23,450
8118 Petrol & Diesel (Generator &Water Pump) 186,000
8119 Repair & Maintainance for Office Truck & Cycle 44,300
8120 Rental (Warehouse) -
1,335,500
8300 STAFF COSTS
8301 Salary 2,020,000
8302 Training Fees -
8303 Meal Charges 431,550
8304 Bonus -
8305 Welfare -
2,451,550
PROFIT / (LOSS) FROM OPERATION 1,647,985
DEPRECIATION
8400 Depreciation (Motor Vehicle, Office Equipment, Phone, etc) 644,722
PROFIT BEFORE TAXATION 1,003,263
INCOME TAX EXPENSE
8600 INCOME TAX EXPENSE -
NET PROFIT/(LOSS) (For the month ) 1,003,263
Sub-total
Kyat
50,580,082
-
50,580,082
50,580,082
1,454,563
4,551,350
-
-
2,790,169
-
36,348,965
-
-
45,145,047
5,435,035
-
-
113,050
983,200
-
156,350
241,350
-
-
38,900
148,710
320,200
18,000
August-2013.
Current month
-
(1,000,000)
16,990
-
45,000
23,450
186,000
44,300
-
1,335,500
2,020,000
-
431,550
-
-
2,451,550
1,647,985
644,722
1,003,263
-
1,003,263
Hercule Logistic
TRIAL BALANCE
AS AT 31- August -2013
HQ Sub-total HQ
Code Description Kyat Kyat Kyat
1000 Fixed Assets
1010 Building - - 10,860,800
1011 Accumulated Depcreciation (90,507) (90,507) (449,288)
Building -2 50,523,515 50,523,515 1,150,000
Accumulated Depcreciation (430,529) (430,529) (9,583)
1020 Generator - - 790,000
1021 Accumulated Depcreciation (13,167) (13,167) (52,668)
1030 Phone - - 1,000,000
1031 Accumulated Depcreciation (16,667) (16,667) (16,667)
1040 Motor Vehicle (Truck & Cycle) - - 480,000
1041 Accumulated Depcreciation (8,000) (8,000) (40,000)
1050 Office Equipment - - 5,613,850
1051 Accumulated Depcreciation (85,852) (85,852) (365,015)
1060 Renovation - - -
1061 Accumulated Depcreciation - - -
- - -
2000 Current Assets - - -
2100 Prepayment (Rental Fees) - - -
2200 Cash to Management - - -
2300 Cash in Hand (3,328,160) (3,328,160) 21,949,951
2400 Cash to Company(Bank)(Ko Ah Hai) (49,750,740) (49,750,740) 979,000,000
2500 Accounts Receivable (Muse) 3,231,370 3,231,370 5,287,456
2600 Accounts Receivable (Luojia) - - -
2700 Accounts Receivable (Others) (728,000) (728,000) (381,200)
2800 Advance Trip Expenses (Truck) 1,700,000 1,700,000 6,100,000
- - -
- - -
3000 Current Liabilities - - -
3100 Account Payables - - -
3200 Advance Received - - -
3300 Accrual Account - - -
3400 Account Payables (Ygn) -
- -
Financed by - - -
4000 Share Capital - - (1,000,000,000)
4100 Retained Earning - - -
4200 Profit & Loss for the Period - - -
- - -
Adjusted Balance as at 31.8.2013 Opening Balance as at 1.8.2013
Current Month Current Month
5000 REVENUE - - -
5100 Truck Income (50,580,082) (50,580,082) (175,504,685)
5200 Other Truck Income - - (898,000)
- - -
6000 Logistic Expenses - - -
6110 Repair & maintenance for Trucks 1,454,563 1,454,563 8,290,330
6120 Vehicle Spare Parts & Tools 4,551,350 4,551,350 6,106,150
6130 Petrol & Diesel - - 294,800
6140 Salary(Driver & Spare) - - -
6141 Driver Mileague Fees 2,790,169 2,790,169 8,983,740
6142 Meal Charges - - -
6150 Trip Expenses (Toll Charges) 36,348,965 36,348,965 105,120,052
6151 Travelling Expenses (Hotel) - - -
6160 Depreciation (Motor Vehicle, - - -
- - -
Other Income - - -
7000 Other Income - - -
- - -
8100 GENERAL & ADMINISTRATION EXPENSES - - -
8101 Direct chg 113,050 113,050 661,450
8102 Electricity & Water 983,200 983,200 315,200
8103 Entertainment - - 2,900
8104 General Expenses 156,350 156,350 2,364,800
8105 Petrol & Diesel (Office Truck & Cycle 241,350 241,350 1,059,650
8106 Maintenance & Repair for Office Equipment - - -
8107 Newspaper - - -
8108 Office Utensil 38,900 38,900 62,500
8109 Printing & Stationery 148,710 148,710 484,380
8110 Telephone Charges 320,200 320,200 987,500
8111 Treatment Charges 18,000 18,000 72,110
8112 Uniform Expenses - - -
8113 Penalty/Fine (1,000,000) (1,000,000) -
8114 Cash (Gain)/Loss 16,990 16,990 292,722
8115 Travelling Allowance - - 77,500
8116 Bank charges 45,000 45,000 13,314
8117 Repair & Maintainance for Generator 23,450 23,450 197,500
8118 Petrol & Diesel (Generator ) 186,000 186,000 102,700
8119 Repair & Maintainance for Office Truck & Cycle 44,300 44,300 32,900
8120 Rental (Ware House) - - -
- - -
8300 STAFF COSTS -
8301 Salary 2,020,000 2,020,000 6,797,000
8302 Training Fees - - -
8303 Meal Charges 431,550 431,550 1,262,630
8304 Bonus - - -
8305 Welfare - - 970,000
- -
DEPRECIATION - - -
8400 Depreciation (, Office Equipment, Phone, etc) 644,722 644,722 933,221
- - -
INCOME TAX EXPENSE - - -
8600 INCOME TAX EXPENSE - - -
- -
Check - - -
Sub-total HQ Sub-total
Kyat Kyat Kyat
10,860,800 10,860,800 10,860,800
(449,288) (539,795) (539,795)
1,150,000 51,673,515 51,673,515
(9,583) (440,112) (440,112)
790,000 790,000 790,000
(52,668) (65,835) (65,835)
1,000,000 1,000,000 1,000,000
(16,667) (33,334) (33,334)
480,000 480,000 480,000
(40,000) (48,000) (48,000)
5,613,850 5,613,850 5,613,850
(365,015) (450,867) (450,867)
- - -
- - -
- - -
- - -
- - -
- - -
21,949,951 18,621,791 18,621,791
979,000,000 929,249,260 929,249,260
5,287,456 8,518,826 8,518,826
- - -
(381,200) (1,109,200) (1,109,200)
6,100,000 7,800,000 7,800,000
- - -
- - -
- - -
- - -
- - -
- - -
- -
- -
- - -
(1,000,000,000) (1,000,000,000) (1,000,000,000)
- - -
- - -
- - -
Opening Balance as at 1.8.2013 Closing Balance as at 31.8.2013
Current Month Current Month
- - -
(175,504,685) (226,084,767) (226,084,767)
(898,000) (898,000) (898,000)
- - -
- - -
8,290,330 9,744,893 9,744,893
6,106,150 10,657,500 10,657,500
294,800 294,800 294,800
- - -
8,983,740 11,773,909 11,773,909
- - -
105,120,052 141,469,017 141,469,017
- - -
- - -
- - -
- - -
- - -
- - -
- - -
661,450 774,500 774,500
315,200 1,298,400 1,298,400
2,900 2,900 2,900
2,364,800 2,521,150 2,521,150
1,059,650 1,301,000 1,301,000
- - -
- - -
62,500 101,400 101,400
484,380 633,090 633,090
987,500 1,307,700 1,307,700
72,110 90,110 90,110
- - -
- (1,000,000) (1,000,000)
292,722 309,712 309,712
77,500 77,500 77,500
13,314 58,314 58,314
197,500 220,950 220,950
102,700 288,700 288,700
32,900 77,200 77,200
- - -
- - -
- -
6,797,000 8,817,000 8,817,000
- - -
1,262,630 1,694,180 1,694,180
- - -
970,000 970,000 970,000
- -
- - -
933,221 1,577,943 1,577,943
- - -
- - -
- - -
- - -
0 0 0
Hercules Logistic
2013-August
1 Balance Sheet
2 Trial Balance
3 Profit & Loss AC
4 Profit & Loss AC-For the month
5 Share Holder's Accounts
6 Truck Income & Expense Summary
7
8
Hercule Logistic
Truck Income & Expemses
Summary
Income Expenses 36,308,740
August-2013. 48,714,732 36,308,740
Driver & Spare Fees 2,790,168
2,790,168
Cash to CB - 9,615,824
48,714,732 48,714,732
August-2013 Summary