Statement of Financial Position
ASSET
CURRENT ASSET
Cash and Cash Equivalents
Accounts Receivables
Non-trade Receivables
Other Current Assets
TOTAL CURRENT ASSET
NON-CURRENT ASSET
Property, Plant and Equipment
Investments
Other Non Current Assets
TOTAL NON-CURRENT ASSET
TOTAL ASSET
LIABILITIES
CURRENT LIABILITIES
Trade Payables
Non-Trade Payables
Government Payables
Advances
Contract Payable
Accrued Expenses
Notes Payable - Current
TOTAL CURRENT LIABILITIES
NON-CURRENT LIABILITIES
Security Deposits Payable
Retirement Liability
Notes Payable - Non Current
Deferred Tax Liabilities
TOTAL NON-CURRENT LIABILITIES
TOTAL LIABILITIES
STOCKHOLDERS’ EQUITY
Capital Stock
Retained Earnings
Beginning
Net Income
Cash Dividend
Prior Period Adjustment
TOTAL STOCKHOLDERS’ EQUITY
TOTAL LIABILITIES & STOCKHOLDERS EQUITY
Statement of Cash Flows
CASH FLOWS FROM OPERATING ACTIVITIES
Income After Income Tax
Adjustments for:
Depreciation Expense - xxx
Depreciation Expense - Admin
Operating Income before working capital changes
Decrease (increase) in:
Accounts Receivables
Non-trade Receivables
Prepaid Expenses
Other Current Assets
Increase (Decrease) in:
Trade Payables
Government Payables
Advances
Other Current Liabilities
Cash generated from operating activities
Income Tax paid (provision for income tax)
Prior PEriod Adjustment
Net Cash provided by operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
—
Net Cash (used in) investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Adjustment to Capital Stocks
Cash Dividend
Net Cash (used in) financing activities
Net Increase (Decrease) in Cash
Cash at Beginning of the month
Cash at End of the month
Income statement
OPERATING REVENUES
—
Interest and Penalties
Other Miscellaneous income
COST OF SERVICES
Employee Cost
Employee’s Welfare
Utilities Expense
Equipment Repairs and MAintenance
Building Repairs & Maintenance
Security Services
Taxes and Licenses
Insurance - Bldg.
Depreciation Expense
Training and Seminars
Association Dues and Expenses
PRofessional Fees
TOTAL COST OF SERVICE
GROSS PROFIT
NON-OPERATING REVENUE
Bank Interest and Other Revenues
Gain on Sale
Dividend Income
Other Non Operating Revenue
NON OPERATING EXPENSE
Other Non-operating Expenses
NET INCOME AFTER NON OPERATING
Provision for Income Tax
NET INCOME AFTER TAX
OTHER SAMPLES:
Administrative expense
● Salaries and Wages
● Employee’s Welfare
● Communication
● Supplies Expense
● Finance Charges
● Transportation and Travel
● Repairs and Maintenance
● Representation and Entertainment
● Professional fees
● Insurance Premium
● Donation and Contributions
● Freight, Postage and Handling
● MEmbership Dues & Expenses
● Penalties
● Depreciation Expense
● PRe EMployment Hiring Cost
● Company Sponsored Events
● Computer & Accessories Expenses
● Printing and Reproduction Expense
● Other Operating Expense
