G.R.M.

NATIVE PRODUCTS and LANDSCAPING SERVICES

Lot 7, Blk. 167, Sitio Seville,
North Fairview, Quezon City
BALANCE SHEET
As of December 31, 2017
(With Comparative Figures for 2016)

In Philippine Peso
2017 2016
Assets
Current Assets
Cash on Hand and in Bank 251,937.00 239,181.00
Inventory 590,520.00 560,310.00
Other Current Assets 10,000.00 10,000.00
Trade and Other Receivables 30,000.00 15,000.00
Total Current Assets 882,457.00 824,491.00

Non-Current Assets
Delivery Truck 200,000.00 200,000.00
Office Equipment, Furniture and Fixtures 10,000.00 10,000.00
Garden Tools 5,000.00 5,000.00
TOTAL 215,000.00 215,000.00
Less: Accumulated Depreciation 43,000.00 32,250.00
Total Non-Current Assets 172,000.00 182,750.00

TOTAL ASSETS 1,054,457.00 1,007,241.00

LIABILITIES AND CAPITAL

Current Liabilities
Accounts Payable - Trade 180,350.00 176,400.00
Accounts Payable 78,000.00 128,000.00
Accrued Expenses 24,492.00 20,920.00
Withholding Tax Payable - Expanded 750.00 750.00
Percentage Tax Payable 1,966.00 2,536.00
Income Tax Payable 2,397.00 3,120.00
Total Current Liabilities 287,955.00 331,726.00

CAPITAL
Guilber C. Polintan, Capital, Beginning 675,515.00 579,034.00
Add: Net Income (Loss) for the Year 190,987.00 171,481.00
Total 866,502.00 750,515.00
Less: Personal Drawings 100,000.00 75,000.00
Total Capital, End 766,502.00 675,515.00
 1,054,457.00 1,007,241.00
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
 G.R.M. NATIVE PRODUCTS and LANDSCAPING SERVICES
Lot 7, Blk. 167, Sitio Seville,
North Fairview, Quezon City

INCOME STATEMENT
For the Year Ended December 31, 2017
(With Comparative Figures for 2016)

In Philippine Peso
2017 2016

GROSS SALES 1,426,081.00 1,014,350.00

Less: Cost of Sales

Inventory, Beginning 560,310.00 740,250.00
Add: Purchases 671,946.00 251,159.00
Total: Available for Sales 1,232,256.00 991,409.00
Less: Inventory, End 590,520.00 560,310.00
TOTAL COST OF SALES 641,736.00 431,099.00

GROSS INCOME 784,345.00 583,251.00

Less: Operating Expenses

Communication, Light & Water 74,904.00 42,120.00
Depreciation 10,750.00 10,750.00
Gasoline, Oil & Lubricants 65,690.00 32,780.00
Miscellaneuos 9,120.00 1,200.00
Professional Fees 18,000.00 12,000.00
Rental 180,000.00 180,000.00
Representation & Entertainment 4,050.00 3,010.00
Salaries, Wages & Allowances 144,000.00 60,000.00
Taxes & Licenses 60,282.00 59,210.00
Transportation & Travel 16,940.00 4,850.00
Total Operating Expenses 543,736.00 405,920.00

NET INCOME (Loss) - Before Tax 200,609.00 177,331.00

PROVISION FOR INCOME TAX 9,622.00 5,850.00

NET INCOME (Loss) - After Tax 190,987.00 171,481.00

 ROJAMIN TRADING
602 Raxabago St., Brgy. 150 Zone 013
Tondo, Manila

STATEMENT OF INCOME AND TAXES WITHHELD

For the Year Ended December 31, 2017
(With Comparative Figures for 2016)

2017 2017 2016 2016

INCOME TAX INCOME TAX
Payor
PAYMENT WITHHELD PAYMENT WITHHELD

BARANGAY 59
BARANGAY 60
BARANGAY 86
BARANGAY 98 1,372,203.78 73,510.92 757,461.57 40,578.30
BARANGAY 102
BARANGAY 120
BARANGAY 126 812,010.72 43,500.58 1,284,510.70 68,813.08
BARANGAY 129 1,296,864.00 69,474.85 1,525,997.67 81,749.88
BARANGAY 131 753,982.00 40,391.89 1,021,023.42 54,697.68
BARANGAY 137 536,882.24 28,761.55 827,779.30 44,345.32
BARANGAY 142 780,643.00 41,820.16 1,062,210.72 56,904.14
BARANGAY 174 198,621.00 10,640.41
BARANGAY 180
BARANGAY 227
BARANGAY 229 370,203.00 19,832.30 429,653.00 23,017.13
BARANGAY 252 599,108.39 32,045.09 569,792.58 30,524.60
BARANGAY 263 1,180,597.89 63,246.31 1,211,990.28 64,928.05
BARANGAY 266 490,918.55 26,299.21 1,824,382.41 97,734.77
BARANGAY 337 1,126,770.57 60,362.71 1,057,406.94 56,646.80
BARANGAY 369 538,523.96 28,649.50 783,564.82 41,976.68
BARANGAY 376 472,796.00 25,328.35 917,779.35 49,166.75
BARANGAY 451 1,023,821.82 54,847.68 311,334.74 16,678.64
BARANGAY 452 603,604.00 32,335.93 820,483.24 43,954.46
BARANGAY 456 239,355.00 12,822.59
BARANGAY 457 487,156.00 26,097.56
BARANGAY 578 657,949.34 35,247.29 228,903.30 12,262.68
BARANGAY 595 1,403,520.35 75,188.59
BARANGAY 667 3,850,240.98 206,262.91 5,047,976.02 270,427.28
BARANGAY 875 92,924.00 4,978.07
16,665,741.24 892,557.64 21,905,205.41 1,173,493.05