Financial Statements: Historical Results 2012 2013 2014

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Name: Myca Sorosoro Yr-Strand-Section: 11-STEM-B

Faustiño Hotel
Statement of Comprehensive Income
2017, 2018, 2019

FINANCIAL STATEMENTS Historica


2012 2013 2014

Income Statement
Revenue 102,007 118,086 131,345
Cost of Goods Sold (COGS) 39,023 48,004 49,123
Gross Profit 62,984 70,082 82,222
Expenses
Salaries and Benefits 26,427 22,658 23,872
Rent and Overhead 10,963 10,125 10,087
Depreciation & Amortization 19,500 18,150 17,205
Interest 2,500 2,500 1,500
Other 8,820 6,225 1,659
Total Expenses 68,210 59,658 54,323
Earnings Before Tax -5,226 10,424 27,899

Taxes 1,120 4,858 8,483


Net Earnings -6,346 5,566 19,416

FORMULAS:
Gross Profit = Sales Revenue - Cost of Goods Sold
Earnings Before Tax = Gross Profit - Total Expenses
Net Earnings = Earnings Before Tax - Taxes
Faustiño Hotel
t of Comprehensive Income
2017, 2018, 2019

Historical Results
2015 2016 2017 2018 2019

142,341 150,772 150,050 169,102 190,321


52,654 56,710 40,116 52,062 55,230
89,687 94,062 109,934 117,040 135,091

23,002 25,245 30,333 27,321 25,112


11,020 11,412 15,123 15,002 16,025
16,544 16,080 25,019 20,502 18,650
1,500 1,500 3,600 3,230 2,501
3,911 5,996 10,000 7,011 10,200
55,977 60,233 84,075 73,066 72,488
33,710 33,829 25,859 43,974 62,603

10,908 11,598 3,056 13,980 18,559


22,802 22,231 22,803 29,994 44,044

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