AHLAN WATER INCOME STATEMENT -2016

Description JAN FEB MARCH APRIL MAY JUNE JULY AUG SEPT OCT NOV DEC Total 2016

Sales 1,946,978 1,761,547 1,816,919 1,972,577 1,993,028 2,125,645 2,285,493 1,810,263 1,728,298 1,563,483 1,708,320 1,627,512 22,340,062
COGS
Opening Stock -
Finished Goods 1,194,263 1,096,800 1,084,200 1,024,150 1,005,120 922,357 879,152 789,121 701,518 698,420 612,437 610,218 10,617,756
Lab Materials 109,540 88,750 82,750 65,200 39,450 40,200 37,500 36,400 30,200 32,400 30,200 32,100 624,690
Packing Materials 173,510 173,510 179,520 131,450 124,200 118,418 98,450 92,412 84,218 82,157 76,427 73,200 1,407,472
Raw Materials 2,397,562 2,270,232 2,062,114 1,961,776 1,792,998 1,659,858 1,514,650 1,395,811 1,278,850 1,263,343 1,222,923 1,220,815 20,040,932
Spare Parts 159,200 145,700 140,400 140,400 135,200 130,127 115,200 105,200 98,150 94,200 90,200 90,200 1,444,177
Total Opening Stock 4,034,075 3,774,992 3,548,984 3,322,976 3,096,968 2,870,960 2,644,952 2,418,944 2,192,936 2,170,520 2,032,187 2,026,533 34,135,027
Purchase -
Carton 148,658 105,120 131,195 120,452 115,420 147,530 136,420 105,417 110,212 97,420 102,318 98,500 1,418,662
Lab Materials 24,166 23,500 24,200 20,200 23,500 25,150 24,150 23,400 25,100 22,410 24,325 25,200 285,301
ALUM FOIL 243,505 187,420 212,498 198,232 176,420 252,102 205,432 169,116 182,540 127,415 181,276 159,420 2,295,376
Packing Materials 75,830 62,749 72,357 95,420 83,200 76,419 97,412 87,410 95,152 87,129 94,128 96,420 1,023,626
Pet Sheet 217,243 190,510 191,087 257,120 237,450 224,118 304,235 208,421 239,946 179,023 224,129 235,140 2,708,422
Perform and Cap 242,231 225,454 235,087 272,147 312,639 314,589 357,412 242,116 292,154 176,624 247,152 195,200 3,112,805
Water 92,000 85,400 92,400 93,200 92,800 93,600 94,600 92,320 94,600 91,500 92,600 94,200 1,109,220
Total Purchase 1,043,633 880,153 958,824 1,056,771 1,041,429 1,133,508 1,219,661 928,200 1,039,704 781,521 965,928 904,080 11,953,412
Closing Stock -
Finished Goods 1,096,800 1,084,200 1,024,150 1,005,120 922,357 879,152 789,121 701,518 698,420 612,437 610,218 602,500 10,025,993
Lab Materials 88,750 82,750 65,200 39,450 40,200 37,500 36,400 30,200 32,400 30,200 32,100 31,000 546,150
Packing Materials 173,510 179,520 131,450 124,200 118,418 98,450 92,412 84,218 82,157 76,427 73,200 72,500 1,306,462
Raw Materials 2,270,232 2,062,114 1,961,776 1,792,998 1,659,858 1,514,650 1,395,811 1,278,850 1,263,343 1,222,923 1,220,815 1,215,500 18,858,870
Spare Parts 145,700 140,400 140,400 135,200 130,127 115,200 105,200 98,150 94,200 90,200 90,200 85,500 1,370,477
Total Closing Stock 3,774,992 3,548,984 3,322,976 3,096,968 2,870,960 2,644,952 2,418,944 2,192,936 2,170,520 2,032,187 2,026,533 2,007,000 32,107,952
Cost of Goods Sold 1,302,716 1,106,161 1,184,832 1,282,779 1,267,437 1,359,516 1,445,669 1,154,208 1,062,120 919,854 971,582 923,613 13,980,487
Gross Margin 644,262 655,386 632,087 689,798 725,591 766,129 839,824 656,055 666,178 643,629 736,738 703,899 8,359,575
G Margin % 33% 37% 35% 35% 36% 36% 37% 36% 39% 41% 43% 43% 37%
Operations Expenses -
Basic Salary 38,700 38,500 37,500 37,500 35,200 38,700 38,500 38,700 38,700 38,500 40,500 44,313 465,313
House Rent Allownace 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 78,000
Overtime 3,400 4,895 3,150 3,212 11,630 7,500 10,050 7,210 5,420 5,100 9,200 12,000 82,767
Leave Ticket 1,280 540 1,990 1,390 1,210 2,180 4,200 3,200 15,990
Leave Salary 3,075 3,075 3,075 3,075 3,075 3,075 3,075 3,075 3,075 3,075 3,075 3,075 36,900
ESOB 2,123 2,123 2,123 2,123 2,123 2,123 2,123 2,123 2,123 2,123 2,123 2,123 25,476
Medical Insurance 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000
Visa 6,650 6,650 6,650 6,650 6,650 6,650 6,650 6,650 6,650 6,650 6,650 6,650 79,800
Total Manpower Expenses - Operations 63,228 63,783 60,498 62,550 68,068 67,258 70,578 65,758 63,968 63,448 73,748 79,361 802,246
Lab Expenses 135 920 450 240 221 520 1,313 230 4,029
Factory Insurance 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 12,000
Health card exp 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 48,000
Legal Fees 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 12,000
FEWA 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 72,000
Factory Rent 3,388 3,388 3,388 3,388 3,388 3,388 3,388 3,388 3,388 3,388 3,388 3,388 40,656
Fuel 43,300 45,200 41,150 44,360 42,709 44,300 44,180 40,465 40,900 38,200 42,400 42,400 509,564
Staff Uniform & Welfare 593 1,195 695 625 720 410 219 540 650 320 470 6,437
Municipality fee & Pest control 1,250 3,280 1,740 1,890 4,140 3,970 4,120 1,200 1,250 1,020 4,120 3,280 31,260
Trade License 2,083 2,083 2,083 2,083 2,083 2,083 2,083 2,083 2,083 2,083 2,083 2,083 24,996
Hotel / Visa / Entertainment 218 270 765 1,018 893 715 1,471 114 127 215 418 327 6,550
Factory Maintanance expenses 1,200 3,892 1,872 12,757 6,000 16,420 2,410 16,350 9,800 70,701
Generator Expenses 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 108,000
Vehicle Maintanance 1,210 450 820 220 480 1,100 3,820 630 1,527 1,300 5,200 4,500 21,257
Telephone 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 30,000
Total Other Expenses Operations 76,877 84,178 73,896 79,266 90,795 86,296 100,705 71,829 75,725 70,356 97,779 89,748 997,449
Total Operations Expenses 140,105 147,961 134,394 141,816 158,863 153,554 171,283 137,587 139,693 133,804 171,527 169,109 1,799,695
Gross Profit After Operations Expenses 504,157 507,425 497,693 547,983 566,728 612,575 668,541 518,468 526,485 509,825 565,211 534,790 6,559,880
Gross Margin After Operations Expenses 26% 29% 27% 28% 28% 29% 29% 29% 30% 33% 33% 33% 29%
Sales and Marketing Expense -
Basic Salary 42,100 40,200 40,200 40,200 40,200 42,500 47,200 38,200 40,200 38,500 40,200 39,200 488,900
House Rent Allownace 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 36,000
Leave Ticket 1,050 640 1,420 740 820 865 940 6,475
Leave Salary 925 925 925 925 925 925 925 925 925 925 925 925 11,100
ESOB 638 638 638 638 638 638 638 638 638 638 638 638 7,656
Medical Insurance 800 800 800 800 800 800 800 800 800 800 800 800 9,600
Visa 3,300 3,300 3,300 3,300 3,300 3,300 3,300 3,300 3,300 3,300 3,300 3,300 39,600
Total Manpower Expenses S&M 50,763 49,913 48,863 48,863 49,503 51,163 57,283 46,863 49,603 47,983 49,728 48,803 599,331
FEWA 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000
Vehicle Maintanance 2,139 9,065 1,420 16,785 4,292 15,874 24,500 2,608 9,240 2,100 16,500 14,300 118,823
Fuel 3,714 2,111 2,100 3,885 2,300 4,758 8,300 2,150 4,200 2,200 3,900 4,300 43,918
Salik 100 200 200 400 200 400 100 200 200 400 200 2,600
Hotel / Visa / Entertainment 690 325 553 214 705 279 200 135 187 217 312 457 4,273
Traveling Expenses 208 200 685 435 424 2,710 2,700 500 2,100 1,850 1,600 1,100 14,512
Insurance 3,300 3,300 3,300 3,300 3,300 3,300 3,300 3,300 3,300 3,300 3,300 3,300 39,600
A&P expense 500 500 500 500 500 500 500 500 500 500 500 500 6,000
Total Other Expenses S&M 12,651 17,701 10,558 27,319 13,921 29,621 41,900 11,293 21,727 12,367 28,512 26,157 253,726
Total Sales and Marketing Expenses 63,414 67,614 59,421 76,182 63,424 80,784 99,183 58,156 71,330 60,350 78,240 74,960 853,057
Distribution Expense -
Basic Salary 6,200 6,800 5,700 5,800 5,900 9,100 9,100 7,800 8,200 7,900 8,200 8,200 88,900
Overtime 1,200 1,540 1,105 1,322 1,300 1,700 1,320 950 1,600 890 750 920 14,597
Leave Salary 475 475 475 475 475 475 475 475 475 475 475 475 5,700
ESOB 328 328 328 328 328 328 328 328 328 328 328 328 3,936
Visa 600 600 600 600 600 600 600 600 600 600 600 600 7,200
Total Manpower Expenses - Distribution 8,803 9,743 8,208 8,525 8,603 12,203 11,823 10,153 11,203 10,193 10,353 10,523 120,333
Rent - Warehouse 23,333 23,333 23,333 23,333 23,333 23,333 23,333 23,333 23,333 23,333 23,333 23,333 279,996
Insurance 239 239 327 327 327 327 402 402 402 402 402 402 4,198
Warehouse permission exp 500 500 500 500 500 500 500 500 500 500 500 500 6,000
FEWA 750 750 750 750 750 750 750 750 750 750 750 750 9,000
Forklift Expenses 1,728 215 658 1,330 1,520 650 1,200 630 630 1,200 9,761
Total other Expenses - Distribution 26,550 24,822 25,125 25,568 24,910 26,240 26,505 25,635 26,185 25,615 25,615 26,185 308,955
Total Distribution Expenses 35,353 34,565 33,333 34,093 33,513 38,443 38,328 35,788 37,388 35,808 35,968 36,708 429,288
General and Administration Expenses -
Basic Salary 10,300 16,300 14,300 14,100 14,300 16,300 16,300 11,300 11,300 12,500 12,500 12,500 162,000
House Rent Allownace 1,667 1,666 1,666 1,666 1,666 1,666 1,666 1,666 1,666 1,666 1,666 1,666 19,993
Leave Salary 766 766 766 766 766 766 766 766 766 766 766 766 9,192
Leave Ticket 640 1,010 1,200 720 640 750 4,960
ESOB 529 529 529 529 529 529 529 529 529 529 529 529 6,348
Visa 700 700 700 700 700 700 700 700 700 700 700 700 8,400
Total Manpower Expenses - Admin 14,602 19,961 17,961 18,771 17,961 21,161 20,681 14,961 14,961 16,161 16,801 16,911 210,893
Sponsership fees 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 15,000
Telephone / Fax 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 14,400
Postage / Courier 850 130 20 220 1,510 2,730
Gas/Water/Power 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 36,000
Drainage and Cleaning 920 320 230 190 130 560 310 770 130 350 130 130 4,170
Printing & Stationary 225 3,888 380 420 509 562 3,121 421 127 521 308 312 10,794
Fuel Expenses 700 700 600 800 850 1,130 1,050 500 900 1,020 1,100 900 10,250
Vehicle repairs & maintanance 1,520 220 350 630 60 1,750 1,310 1,820 1,530 1,450 6,250 1,810 18,700
Bank Charges 125 3,973 125 125 125 115 215 255 155 125 255 325 5,918
Bank Interest 83,684 83,684 83,684 83,684 83,684 83,684 83,684 83,684 83,684 83,684 83,684 83,684 1,004,208
Charity 100 4,000 100 180 500 50 240 170 5,500 210 11,050
Audit Fee 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 12,000
Fire licence exp 500 500 500 500 500 500 500 500 500 500 500 500 6,000
Hotel / Visa / Entertainment 125 200 150 225 190 210 185 225 1,510
IT Expense 420 1,600 971 2,400 7,719 7,800 5,200 26,110
SIF upload commission charges 205 191 219 268 212 310 191 466 202 212 190 227 2,893
Depreciation 126,129 126,129 126,129 126,129 126,129 126,129 126,129 126,129 126,129 126,129 126,129 126,129 1,513,548
Administration Expenses 221,953 231,785 218,787 220,167 218,649 224,190 232,839 221,270 220,237 220,821 238,481 226,102 2,695,281
Total General and Administration Expenses 236,555 251,746 236,748 238,938 236,610 245,351 253,520 236,231 235,198 236,982 255,282 243,013 2,906,174
Total Expenses 335,322 353,925 329,502 349,213 333,547 364,578 391,031 330,175 343,916 333,140 369,490 354,681 4,188,519
Net Profit / (Loss) 168,835 153,500 168,191 198,770 233,182 247,997 277,510 188,293 182,569 176,685 195,721 180,109 2,371,362
Net Profit / (Loss) % 9% 9% 9% 10% 12% 12% 12% 10% 11% 11% 11% 11% 11%