TRAVELLING HANDS

INCOME STATEMENT

F. Year 2015-2019
2015 2016
Service Revenue 39,680,000 45,185,000
Less: Cost of Service 2,180,000 2,398,000

GROSS MARGIN 37,500,000 42,787,000

Less: Expenses
Payroll 13,888,000 13,888,000
Depreciation 50,000 50,000
Rent 2,400,000 9,600,000
Insurance 636,000 800,000
Payroll Taxes 335,000 30,000
Sales, Marketing and Oher Expenses 550,000 600,000

Income before Tax 19,641,000 17,819,000

Less: Taxes Incurred 656,000 58,000

NET PROFIT 18,985,000 17,761,000

G HANDS
ATEMENT

15-2019
2017 2018 2019
53,098,000 57,789,600 62,531,200
2,638,000 2,990,640 3,520,000

50,460,000 54,798,960 59,011,200

15,495,680 18,312,000 20,420,000

50,000 65,000 65,000
9,900,000 10,500,000 10,650,000
1,000,000 1,200,900 1,500,450
429,000 540,000 550,000
600,000 860,500 978,540

22,985,320 23,320,560 24,847,210

840,000 920,000 950,000

22,145,320 22,400,560 23,897,210

 TRAVELLING HANDS
BALANCE SHEET
F.Year 2015-2019
2015
ASSETS

Current Assets
Cash 3,125,000
Accounts Receivable 816,000
Supplies 22,000,000
TOTAL CURRENT ASSETS 25,941,000

Long Term Assets

Equipment 2,000,000
Accumulated Depreciation 1,250,000
TOTAL NON CURRENT ASSETS 750,000

TOTAL ASSETS 26,691,000

LIABILITIES AND OWNER'S EQUITY

Current Liabilities
Accounts Payable 596,000
Current Borrowing 10,000
Other Current Liabilities 0
SUBTOTAL CURRENT LIABILITIES 606,000
Long-term Liabilities 5,000,000
TOTAL LIABILITIES 5,606,000

Owner's Equity
Paid-in Capital 1,000,000
Retained Earnings 1,100,000
Earnings 18,985,000
TOTAL CAPITAL 21,085,000

TOTAL LIABILITIES AND OWNER'S EQUITY 26,691,000

AVELLING HANDS
BALANCE SHEET
.Year 2015-2019
2016 2017 2018 2019

1,807,000 2,166,320 2,400,350 5,036,310

929,000 1,092,000 1,550,210 2,700,900
22,340,000 25,000,000 25,500,000 24,000,000
25,076,000 28,258,320 29,450,560 31,737,210

4,000,000 6,000,000 7,500,000 7,800,000

1,300,000 1,350,000 2,340,000 2,500,000
2,700,000 4,650,000 5,160,000 5,300,000

27,776,000 32,908,320 34,610,560 37,037,210

1,232,000 1,431,000 1,890,000 2,310,000

10,000 10,000 10,000 10,000
0 0 0 0
1,242,000 1,441,000 1,900,000 2,320,000
5,000,000 5,400,000 6,100,000 6,320,000
6,242,000 6,841,000 8,000,000 8,640,000

1,000,000 1,000,000 1,000,000 1,000,000

2,773,000 2,922,000 3,210,000 3,500,000
17,761,000 22,145,320 22,400,560 23,897,210
21,534,000 26,067,320 26,610,560 28,397,210

27,776,000 32,908,320 34,610,560 37,037,210