Black Nectar Co.

Income Statement - 12 Periods

For 1 January 2018 through 31 December 2018

Period 1 Period 2 Period 3 Period 4 Period 5 Period 6

Revenues
Sales Discount $ 0.00 (11,245.50) (88,449.02) (108,410.40) (129,897.18) (63,026.32)
Sales 0.00 490,000.00 1,105,650.21 1,355,130.00 1,623,714.75 1,433,784.59
Medical Revenues 504,000.00 461,000.00 510,000.00 620,000.00 650,000.00 680,000.00
Research Revenues 30,000.00 0.00 0.00 0.00 0.00 0.00

Total Revenues 534,000.00 939,754.50 1,527,201.19 1,866,719.60 2,143,817.57 2,050,758.27

Cost of Sales
Cost of Sales 0.00 350,000.00 789,750.15 967,950.00 1,159,796.25 1,024,131.85
Wages Expense 18,000.00 24,000.00 24,000.00 24,000.00 24,000.00 24,000.00
Employee Benefit Expense-Fac. 14,565.38 17,565.38 17,565.38 17,565.38 17,565.38 17,565.38

Total Cost of Sales 32,565.38 391,565.38 831,315.53 1,009,515.38 1,201,361.63 1,065,697.23

Gross Profit 501,434.62 548,189.12 695,885.66 857,204.22 942,455.94 985,061.04

Expenses
Salaries Expense 91,000.00 106,000.00 121,000.00 121,000.00 121,000.00 121,000.00
Insurance Expense 1,666.67 1,666.67 1,666.67 1,666.67 1,666.67 1,666.67
Repairs Expense 0.00 0.00 0.00 0.00 0.00 0.00
Supplies Expense 73,000.00 71,000.00 75,000.00 74,000.00 85,000.00 80,000.00
Association Dues Expense 0.00 0.00 0.00 0.00 0.00 0.00
Telephone Expense 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
Interest Expense 28,000.00 28,000.00 28,000.00 20,000.00 20,000.00 20,000.00
Depreciation Expense-Building 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00
Depreciation Expense-Equipment 3,750.00 3,750.00 3,750.00 3,750.00 3,750.00 3,750.00
Employee Benefit Expense-Admin 31,717.35 38,065.35 45,932.74 45,932.74 45,932.74 45,932.74
Sales Commission 0.00 49,000.00 110,565.00 135,513.00 162,371.48 78,782.90

Total Expenses 237,134.02 305,482.02 393,914.41 409,862.41 447,720.89 359,132.31

03/21/2019 at 15:15:29 For Management Purposes Only Page: 1

 Black Nectar Co.
Income Statement - 12 Periods
For 1 January 2018 through 31 December 2018

Period 1 Period 2 Period 3 Period 4 Period 5 Period 6

Net Income $ 264,300.60 242,707.10 301,971.25 447,341.81 494,735.05 625,928.73

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 Black Nectar Co.
Income Statement - 12 Periods
For 1 January 2018 through 31 December 2018

Period 7 Period 8 Period 9 Period 10 Period 11 Period 12

0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00

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 Black Nectar Co.
Income Statement - 12 Periods
For 1 January 2018 through 31 December 2018

Period 7 Period 8 Period 9 Period 10 Period 11 Period 12

0.00 0.00 0.00 0.00 0.00 0.00

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