DEN-DEN`S MINIMART

Statement of Income and Expenses

Projection 2019-2021

CY2021 CY2020
CY2021

Revenues
Gross sales 58,140,000.00 38,760,000.00
24,225,000.00
Less: cost of sales 10,800,000.00 7,200,000.00
5,400,000.00
Gross margin 47,340,000.00 31,560,000.00
18,825,000.00
Less:
General & Admin Expenses 6,156,000.00 4,924,800.00
3,693,600.00
Profit/(Loss)before tax 41,184,000.00 26,635,200.00
15,131,400.00
Less: Income tax 1,744,200.00 1,162,800.00
726,750.00

Net Profit/Loss 39,439,800.00 25,472,400.00

14,404,650.00

2018 Gross Sales 50%

2018-2019 Gross Sales 70%
2019-2020 Gross Sales 60% Net Profit 77%
2020-2021 Gross Sales 50% Net Profit 55%
DEN-DEN`S MINIMART
Statement of Income and Expenses
Projection 2019-2021

CY2021 CY2020 CY2019

Revenues
Gross Sales 58,140,000.00 38,760,000.00 24,225,000.00
Less: cost of sales 10,800,000.00 7,200,000.00 5,400,000.00
Gross margin 47,340,000.00 31,560,000.00 18,825,000.00
Less :
General & Admin Expenses 6,156,000.00 4,924,800.00 3,693,600.00
Profit/(Loss) before tax 41,184,000.00 26,635,200.00 15,131,400.00
Less: Income tax 1,744,200.00 1,162,800.00 726,750.00

Net Profit/Loss 39,439,800.00 25,472,400.00 14,404,650.00

2018 Gross Sales 50%

2018-2019 Gross Sales 70%
2019-2020 Gross Sales 60% Net Profit 77%
2020-2021 Gross Sales 50% Net Profit 55%
DEN-DEN`S MINIMART
Statement of Income and Expenses
As of December 31,2017

CY2017 CY2016 CY2015

Revenues
Gross Sales 9,500,000.00 5,750,000.00 3,500,00 0.00
Less: cost of sales 3,600,000.00 2,400,000.00 1,800,000.00
Gross margin 5,900,000.00 3,350,000.00 1,700,000. 00
Less:
General & Admin Expenses 2,052,000.00 1,641,600.00 1,231,200.00
Profit/(Loss) before tax 3,848,000.00 1,708,400.00 468,800.00
Less: Income tax 285,000.00 172,500.00 105,000 .00

Net Profit/Loss 3,563,000.00 1,535,900.00 363,800. 00

2015-2016 Gross Sales 64% Net Profit 3.2%

2016-2017 Gross Sales 65% Net Profit 1.3%
Projection 2019-2021

CY2021
CY2020 CY2021

Revenues
Gross sales 58,140,000.00
38,760,000.00 24,225,000.00
Less: cost of sales 10,800,000.00
7,200,000.00 5,400,000.00
Gross margin 47,340,000.00
31,560,000.00 18,825,000.00
Less:
General & Admin Expenses 6,156,000.00
4,924,800.00 3,693,600.00
Profit/(Loss)before tax 41,184,000.00
26,635,200.00 15,131,400.00
Less: Income tax 1,744,200.00
1,162,800.00 726,750.00

Net Profit/Loss 39,439,800.00

25,472,400.00 14,404,650.00

2018 Gross Sales 50%

2018-2019 Gross Sales 70%
2019-2020 Gross Sales 60% Net Profit
77%
2020-2021 Gross Sales 50% Net Profit
55%