Leo Tek, Inc

Proforma Income Statement

2015-2019
2014
October
November December
Sales
Produce
System
Distrubution

$2,000
0
0

Cost of Goods Sold

Packaging
Freight
Purchases

Selling Expenses
Marketing

G&A
Salaries
Payroll Taxes
Insurance
Depreciation

$1,000 $
0
0

20
80
0

$
$
$ 500.00
$
-

Sales
- Produce
0 System
0 Distrubution
Cost of Goods Sold
0 Packaging
0 Freight
0 Purchases

10
40
0

$
$
$ 500.00
$
-

Selling Expenses
Marketing

G&A
$
- Salaries
$
- Payroll Taxes
$ 500.00 Insurance
$
- Depreciation

2015
January

$
$
$

February

March

### $ 4,000.00
### $
### $
-

April

May

$ 600,000.00
$
$
-

$ 600,000.00
$
$
-

$ 6,000.00
$
80.00
$
-

$
$
$

6,000.00
800.00
-

$
$
$

6,000.00
800.00
-

### $ 1,000.00

1,000.00

1,000.00

###
###
###
###

$
$
$
$

83,272.00
6,000.00
-

ods Sold
$
$
$

320,000.00

1,000.00

$
$
$
$

83,272.00
6,000.00
-

$
$
$

15.00
80.00
-

$ 83,272.00
$
$ 6,000.00
$
-

$ 113,272.00
$
$
6,000.00
$
-

June

July

$
600,000.00
$ 2,025,000.00
$
-

$
$
$

6,000.00
800.00
-

1,000.00

$
$
$
$

113,272.00
6,000.00
-

August

September

### $ 600,000.00 $ 1,200,000.00

### $
### $
$
-

October

$ 1,200,000.00
###
###

### $
### $
270,000.00 $

6,000.00
800.00
-

$
$
$

12,000.00
1,600.00
-

$
$

6,000.00
1,600.00
###

### $

1,000.00

35,000.00

1,000.00

$ 113,272.00
$
$
6,000.00
$
-

$
$
$
$

113,272.00
6,000.00
-

###
###
###
###

113,272.00
###
6,000.00
###

2016
November

$ 600,000.00
$
$
-

December

$
$
$

January

Sales
Produce
System
Distrubution

$
$
$

###
###
###

Cost of Goods Sold

Packaging
$
Freight
$
Purchases
$

###
###
###

$
$
800.00
$ 870,000.00

$
$

Selling Expenses
$ 35,000.00 Marketing

1,000.00

$ 113,272.00
$
$
6,000.00
$
-

$
$

February

G&A
### Salaries
- Payroll Taxes
### Insurance
- Depreciation

1,000.00

###

$
$
$
$

113,272.00
6,000.00
-

###
###
###
###

March

April

May

June

July

$ 1,200,000.00
$
$
150,000.00

### $ 1,200,000.00
### $
### $
150,000.00

$ 1,800,000.00
$ 5,000,000.00
$
150,000.00

$
$
$

12,000.00
1,600.00

### $
### $
$

12,000.00
1,600.00
-

$
$
$

18,000.00
2,000.00
-

1,000.00

### $

1,000.00

1,000.00

$
$
$
$

113,272.00
6,000.00
-

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

###
###
###
###

$
$
$
$

###
###

###
###
###

35,000.00

###
###
###
###

August

September

October

November

December

$ 1,800,000.00
$
$
150,000.00

$ 1,800,000.00
$
$
150,000.00

### $ 900,000.00
### $
### $ 150,000.00

$ 1,200,000.00
$
$
150,000.00

$
$
$

18,000.00
2,000.00
870,000.00

$
$
$

18,000.00
2,000.00
-

### $
### $
### $

9,000.00
1,000.00
-

$
$
$

12,000.00
1,600.00
-

1,000.00

1,000.00

### $

1,000.00

1,000.00

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

$ 113,272.00
$
$
6,000.00
$
-

$
$
$
$

113,272.00
6,000.00
-

###
###
###
###

2017
January
Sales
Produce
System
Distrubution

February

$ 1,200,000.00
$
$
150,000.00

Cost of Goods Sold

Packaging
$
Freight
$
Purchases
$

March

$ 1,200,000.00
$
$
150,000.00

$ 2,400,000.00
$ 2,025,000.00
###

12,000.00
1,600.00
870,000.00

$
$
$

12,000.00
1,600.00
-

$
$

30,000.00
3,200.00
###

35,000.00

Selling Expenses
Marketing

1,000.00

1,000.00

G&A
Salaries
Payroll Taxes
Insurance
Depreciation

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

###
###
###
###

April

May

June

July

August

$ 3,000,000.00
$
$ 150,000.00

$ 3,000,000.00
$
$ 150,000.00

$ 3,000,000.00
$
$
150,000.00

### $ 3,000,000.00
### $
### $
150,000.00

$
$
$

30,000.00
48,000.00
-

$
$
$

30,000.00
48,000.00
-

$
$
$

30,000.00
48,000.00
-

### $
30,000.00
### $
48,000.00
### $ 1,740,000.00

1,000.00

1,000.00

1,000.00

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

### $

###
###
###
###

$
$
$
$

1,000.00

113,272.00
6,000.00
-

September

October

November

December

$ 3,000,000.00
$
$ 150,000.00

$ 3,000,000.00
$
$
150,000.00

$ 2,400,000.00
$
$
150,000.00

$ 3,000,000.00
$
$
150,000.00

$
$
$

30,000.00
48,000.00
-

$
$
$

30,000.00
48,000.00
-

$
$
$

24,000.00
3,200.00
-

$
$
$

24,000.00
4,800.00
-

35,000.00

1,000.00

1,000.00

1,000.00

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

2018
January
Sales
Produce
System
Distrubution

February

$ 3,000,000.00
$
$
200,000.00

Cost of Goods Sold

Packaging
$
30,000.00
Freight
$
4,800.00
Purchases
$ 4,350,000.00

March

$ 3,000,000.00
$
$
200,000.00

$ 4,200,000.00
$
$
200,000.00

$
$
$

30,000.00
4,800.00
-

$
$
$

42,000.00
6,400.00
-

Selling Expenses
Marketing

1,000.00

1,000.00

35,000.00

G&A
Salaries
Payroll Taxes
Insurance
Depreciation

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

April

May

June

July

$ 4,200,000.00
$
$
200,000.00

### $ 7,200,000.00
### $
### $
200,000.00

###
###
###

$
$
$

42,000.00
6,400.00
-

### $
72,000.00
### $
11,200.00
### $ 17,400,000.00

###
###
-

1,000.00

$
$
$
$

113,272.00
6,000.00
-

### $

###
###
###
###

$
$
$
$

1,000.00

###

113,272.00
6,000.00
-

###
###
###
###

August

September

October

November

$ 7,200,000.00
$
$
200,000.00

### $ 7,200,000.00
### $
### $
200,000.00

$ 6,000,000.00
$
$
200,000.00

$
$
$

72,000.00
11,200.00
-

### $
### $
### $

72,000.00
11,200.00
-

$
$
$

66,000.00
9,600.00
-

1,000.00

1,000.00

1,000.00

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

35,000.00

###
###
###
###

2019
December
Sales
$ 18,000,000.00 Produce
$
- System
$
200,000.00 Distrubution

$
$
$

$
$
$
$

January

February

$ 18,000,000.00
$
$
200,000.00

###
###
###

Cost of Goods Sold

180,000.00 Packaging
$
180,000.00
28,800.00 Freight
$
28,800.00
- Purchases
$ 18,000,000.00

###
###
$ 8,100,000.00

Selling Expenses
1,000.00 Marketing
$

G&A
113,272.00 Salaries
- Payroll Taxes
6,000.00 Insurance
- Depreciation

$
$
$
$

35,000.00

113,272.00
6,000.00
-

35,000.00

###
###
###
###

March

April

May

June

$ 18,000,000.00
$
$
200,000.00

$ 18,000,000.00
$
$
200,000.00

$ 18,000,000.00
$
$
200,000.00

$ 18,000,000.00
$
$
200,000.00

$
$
$

180,000.00
28,800.00
-

$
$
$

180,000.00
28,800.00
-

$
$
$

180,000.00
28,800.00
-

$
$
$

180,000.00
28,800.00
-

35,000.00

35,000.00

35,000.00

35,000.00

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

July

August

September

October

$ 18,000,000.00
$
$
200,000.00

$ 37,200,000.00
$
$
200,000.00

$ 37,200,000.00
$
$
200,000.00

###
###
###

$
$
$

180,000.00
28,800.00
-

$
$
$

372,000.00
59,200.00
-

$
$
$

372,000.00
59,200.00
-

###
###
###

35,000.00

35,000.00

35,000.00

###

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

$
$
$
$

113,272.00
6,000.00
-

###
###
###
###

November

December

$ 36,600,000.00
$
$
200,000.00

$ 36,000,000.00
###
###

$
$
$

366,000.00
58,400.00
-

$
$
$

360,000.00
57,600.00
-

35,000.00

35,000.00

$
$
$
$

113,272.00
6,000.00
-

###
###
###
###