Profit and Loss Statement

CURRENT PERIOD % CHANGE FROM % CHANGE

PRIOR PERIOD BUDGET CURRENT PERIOD AS % OF SALES PRIOR PERIOD FROM BUDGET
Sales Revenue
Product/Service 1 40 50 45 100.0% 12.5% -10.0%
Product/Service 2 0.0% 0.0% 0.0%
Product/Service 3 0.0% 0.0% 0.0%
Product/Service 4 0.0% 0.0% 0.0%
Total 40 50 45 100.0% 12.5% -10.0%

Cost of Sales
Product/Service 1 2 3 6.7% 0.0% 50.0%
Product/Service 2 5 3 6.7% 0.0% -40.0%
Product/Service 3 1 2.2% 0.0% 0.0%
Product/Service 4 0.0% 0.0% 0.0%
Total 0 7 7 15.6% 0.0% 0.0%

Gross Profit 40 43 38 84.4% -5.0% -11.6%

Operating Expense: Sales and Marketing

Advertising 22 19 42.2% 0.0% -13.6%
Direct marketing 0.0% 0.0% 0.0%
Other expenses (specify) 0.0% 0.0% 0.0%
Total 0 22 19 42.2% 0.0% -13.6%

Operating Expense: General and Administrative

Wages and salaries 56 51 113.3% 0.0% -8.9%
Outside services 0.0% 0.0% 0.0%
Supplies 0.0% 0.0% 0.0%
Meals and entertainment 0.0% 0.0% 0.0%
Rent 0.0% 0.0% 0.0%
Telephone 0.0% 0.0% 0.0%
Utilities 0.0% 0.0% 0.0%
Depreciation 0.0% 0.0% 0.0%
Insurance 0.0% 0.0% 0.0%
Repairs and maintenance 0.0% 0.0% 0.0%
Other expenses (specify) 0.0% 0.0% 0.0%
Total 0 56 51 113.3% 0.0% -8.9%

Operating Expense: Other

Other operating expense 1 10 0.0% 0.0% -100.0%
Other operating expense 2 0.0% 0.0% 0.0%
Total 0 10 0 0.0% 0.0% -100.0%

Total Operating Expenses 0 88 70 155.6% 0.0% -20.5%

Income from Operations 40 -45 -32 -71.1% -180.0% 28.9%

Other Income 0.0% 0.0% 0.0%

Taxes
Income taxes 32 30 66.7% 0.0% -6.3%
Payroll taxes 0.0% 0.0% 0.0%
Real estate taxes 0.0% 0.0% 0.0%
Other taxes (specify) 0.0% 0.0% 0.0%
Total 0 32 30 66.7% 0.0% -6.3%

Net Profit 40 -45 -32 -71.1% -180.0% 28.9%

Gross Margin 100.0% 86.0% 84.4%
Return on Sales 100.0% -90.0% -71.1%

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