FAMH INCOME STATEMENT (Unaudited) for 6-months ended 6-30-97. FYI
REVENUES
Gross Sales.................$4,156,354.80
Refunds...........................(765.69)
Miscellaneous........................4.67
TOTAL REVENUES....................................$4,155,593.78
EXPENSE
Advertising.....................64,318.58
Amortization.....................1,983.42
Bad Debt Expense................20,720.17
Bank Fees........................4,533.94
Corporate Income Tax...........137,031.00
Contributions....................2,000.00
Delivery/Shipping................4,651.50
Depreciation.....................2,954.00
Dues & Subscriptions............12,550.57
Employee Benefits...............30,603.68
Equipment Lease.................63,336.52
Insurance-General Liability......4,034.76
Insurance-Other.................12,768.15
Interest Expense................18,178.36
Job Fair.........................2,191.28
Meals & Entertainment..............448.07
Miscellaneous...................37,490.33
Office Supplies..................9,267.42
Payroll Tax-Administrative......42,852.65
Payroll Tax-Temps..............151,005.80
Postage..........................3,189.49
Printing........................10,816.78
Professional Fees..............174,564.82
Property Tax.....................8,908.27
Rent............................85,486.54
Repairs & Maintenance............1,408.04
Salaries - Administrative......434,295.27
Small Equipment/Furniture........5,336.93
Technical Consulting............11,934.45
Telephone.......................38,389.37
Temp Equipment..................(1,771.71)
Temp Help - In House.............1,848.13
Training Materials...............2,705.48
Travel..........................42,264.84
Utilities........................3,272.68
Wages-Temps..................1,378,462.92
Workers Comp-Temps..............51,046.65
Workers Comp-Administrative.....14,660.49
TOTAL EXPENSES....................................$2,889,739.64
NET INCOME........................................$1,265,854.14
Just thought I'd take the time to type this out for everybody while we wait.
I had it (along with the rest of the financial statement) faxed to me
back on Sep 30, 1997 from the old PR firm.
Best wishes,
Brad |
