Income statement 2014

Page 1

ORGANO GOLD Income Statement

Country:

MEXICO

IN MXP Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

YTD

%

REVENUES Product Sales

41,443,054

36,594,421

44,693,772

29,575,607

26,368,189

26,777,421

25,592,405

22,615,577

24,397,114

25,537,944

17,489,546

37,545,163

358,630,213

Shipping Income

-

-

-

Other Revenues

-

-

-

Sales Returns

-

-

-

Chargeback

-

-

-

TOTAL REVENUES

41,443,054

100.0% 0.0% 0.0% 0.0%

36,594,421

44,693,772

29,575,607

26,368,189

26,777,421

25,592,405

22,615,577

24,397,114

25,537,944

17,489,546

37,545,163

358,630,213

100.0%

7,770,080

9,396,047

6,348,331

5,739,868

5,229,642

5,083,972

5,070,040

4,787,725

4,794,181

4,037,798

6,103,061

73,148,677

20.4%

COST OF GOODS SOLD Product

8,787,930

Freight, duties, brokerage

-

-

-

0.0%

Shipping Costs

-

-

-

0.0%

Warehousing & other costs

-

-

-

TOTAL COGS

0.0%

8,787,930

7,770,080

9,396,047

6,348,331

5,739,868

5,229,642

5,083,972

5,070,040

4,787,725

4,794,181

4,037,798

6,103,061

73,148,677

20.4%

32,655,123

28,824,341

35,297,725

23,227,276

20,628,321

21,547,778

20,508,433

17,545,537

19,609,389

20,743,764

13,451,748

31,442,102

285,481,536

79.6%

Weekly

4,360,956

7,389,433

6,258,565

7,486,924

3,955,981

4,049,282

4,717,299

3,268,607

4,200,749

2,443,669

3,363,894

3,039,883

54,535,242

15.2%

Monthly

3,821,141

3,217,179

2,639,766

3,007,030

2,142,026

1,858,542

1,934,167

1,530,692

1,710,469

1,864,585

1,669,715

1,804,213

27,199,527

7.6%

7,384,699

6,646,651

9,119,418

5,726,892

5,138,447

5,222,673

13,358,328

52,597,107

14.7% 37.5%

GROSS PROFIT OPERATING EXPENSES Commission

Adjustment from Head Office

-

-

8,182,097

10,606,613

8,898,331

10,493,954

6,098,007

13,292,523

13,298,117

13,918,716

11,638,110

9,446,701

10,256,282

18,202,425

134,331,876

Merchant Processing Fees

1,320,668

1,067,839

1,301,458

805,550

686,009

711,240

766,968

700,560

630,164

626,415

471,270

831,281

9,919,422

2.8%

Salaries and Other Benefits

1,960,637

1,233,200

2,373,462

1,174,001

1,267,865

1,505,474

1,905,858

1,678,277

3,435,772

1,556,753

1,846,261

2,101,721

22,039,281

6.1%

Office Rent

256,562

230,456

230,715

234,870

228,113

294,118

225,456

265,046

258,712

390,912

308,453

217,220

3,140,633

0.9%

Professional Fees

170,616

160,342

209,879

233,057

1,127,449

913,100

355,001

368,674

2,002,278

269,439

264,708

231,648

6,306,192

1.8%

Travel and Entertainment

222,559

193,072

158,118

75,400

55,100

39,003

22,986

46,888

68,140

94,661

141,207

39,975

1,157,110

0.3%

Transportation

939,372

1,202,144

1,344,747

1,293,241

1,197,589

952,426

1,008,285

1,075,918

1,780,451

853,927

911,884

216,740

12,776,724

3.6%

3,384,831

84,659

245,550

193,995

364,782

162,778

75,000

14,890

2,156,996

2,118,648

2,217,197

223,195

11,242,519

3.1%

Marketing Expenses Bank Charges Repairs and Maintenance Depreciation/Amortization Other Office Expenses Head Office Invoices Administration Fee Marketing Support I.T. Fees Call Center Fees Other H.O. Expenses TOTAL OPERATING EXPENSES

247,560

-

176,451

48,113

186,068

19,207

42,214

29,596

77,724

11,237

12,832

23,148

22,431

0.0%

896,582

0.3%

33,137

33,137

33,717

43,017

34,928

34,928

34,686

34,486

34,486

34,048

41,775

42,213

434,558

0.1%

654,329

703,907

397,644

812,947

910,506

488,024

499,222

511,182

753,594

880,836

649,719

550,400

7,812,311

2.2%

1,196,330

1,161,886

2,334,047

1,195,439

972,548

1,261,606

1,247,241

2,382,655

129,568

2,147,322

722,958

1,142,410

1,137,816

603,054

208,163

588,257

819,063

882,943

1,058,599

1,844,258

95,866

81,557

1,106,021.35 317,538.90

864,300 -

660,797

272,107

260,287

367,193

1,018,416

1,344,948

971,808

1,476,229

10,613,831

7,240,032

11,292,291

8,569,596

11,211,426

8,631,026

8,506,716

566,329

(247,045)

(848,014)

(58,542)

(123,855)

(644,812)

1,465

1,448

1,715

1,934

1,732

1,808

(53,880)

(74,597)

(53,763)

(35,626)

(102,216)

(44,681)

78,902

11,881,319

3.3%

1,737,919

11,960,226

3.3%

1,621,678

5,185,332

1.4%

94,389

1,499,575

0.4%

75,772

173,503

1,033,260

672,469

1,218,730

983,125

9,118,765

2.5%

6,322,314

14,076,358

10,886,161

9,106,864

8,913,936

115,370,551

32.2%

205,338

714,150

(585,769)

1,022,545

142,873

32,771

175,970

0.0%

1,563

1,679

1,843

2,018

2,249

2,268

21,723

0.0%

(45,038)

(27,480)

(9,358)

(34,998)

(16,247)

(1,449,225)

(1,947,108)

-0.5%

82,242

OTHER INCOME (EXPENSES) Exchange Gain/Loss Interest Income/Expenses Other Income/Expenses TOTAL OTHER INCOME (EXPENSES)

513,915

(320,194)

(900,061)

(92,233)

(224,339)

(687,685)

161,863

688,349

(593,284)

989,565

128,875

(1,414,186)

(1,749,414)

-0.5%

14,373,111

10,657,503

14,207,041

4,071,493

3,094,549

(1,063,455)

(1,134,536)

(2,007,144)

(6,698,363)

1,400,467

(5,782,523)

2,911,555

34,029,696

9.5%

Provision for Income Tax

4,311,933

3,197,251

4,262,112

1,221,447.77

928,365

-

-

-

-

420,140

-

873,466

15,214,715

4.2%

Provision for Profit Sharing, if applicable

1,437,311

1,065,750

1,420,704

407,149.26

309,455

-

-

-

-

140,047

-

291,155

5,071,572

1.4%

NET INCOME (LOSS)

8,623,866

6,394,502

8,524,225

2,442,896

1,856,730

1,746,933

13,743,409

3.8%

INCOME (LOSS) BEFORE TAXES

(1,063,455)

(1,134,536)

(2,007,144)

(6,698,363)

840,280

(5,782,523)


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.