STO NINO STARBRIGHT MONTESSORI SCHOOL

Guimba, Nueva Ecija

INCOME STATEMENT
For the Year Ended December 31, 2010

Gross receipts:

Tuition Fees P 803,650.00

Books and Materials 176,000.00
Miscellaneous Fees 91,080.00

Total gross Receipts 1,070,730.00

Less: Operating Expenses

Taxes and Licenses 10,500.00

Water Bill 25,163.00
Electric Bill 105,218.00
Salaries and Wages 720,000.00
Supplies and Materials 48,236.00
Gas and Oil 32,475.00
Miscellaneous Expense 34,539.00
Transportation Expense 10,241.00
Repairs and Maintenance 25,700.00
Depreciation Charges 70,000.00

Total Operating Expenses 1,082,072.00

NET INCOME (LOSS) FOR THE Year P (11,342.00)

Note: Loans Payable 3000000

Building 2000000
 SHARP VIEWING ENTERTAINMENT CORPORATION
Gapan City, Nueva Ecija

INCOME STATEMENT
For the Year Ended December 31, 2010

2010
Gross Receipts:

Subscription Fees P 5,178,694.39

Installation Fee 145,200.00
Miscellaneous & Other Service Fees 167,517.00

Total Gross Receipts 5,491,411.39

Less: Cost opf Services:

Subscription Fees 1,705,128.91
Cable Materials 637,671.46
Gas and Oil 340,403.69
Communication Expense 41,938.40
Light and Power 461,376.02
Pole Rental 266,792.76
Depreciation Charges - Direct 333,340.00

Total Cost of Services 3,786,651.24

Total Gross Income 1,704,760.15

Less: Operating Expenses:

Salaries and Wages 1,123,080.00

SSS, Philhealth, Pagibig 220,026.00
Taxes, Licenses and Permits 153,370.00
Office Supplies 31,482.50
Miscellaneous Expense 56,497.00
Depreciation Charges -

Total Operating Expenses 1,584,455.50

NET INCOME FOR THE YEAR P 120,304.65

Tax Paid ###
 GUIMBA GENERAL HOSPITAL
Guimba, Nueva Ecija

INCOME STATEMENT
For the Year Ended December 31, 2010

Sales P 5,778,952.89

Less: Cost of Sales:

Inventory, Beginning 556,355.55
Add: Purchases 5,329,180.44
Total 5,885,535.99
Less: Inventory, End 1,181,468.33

Total Cost of Sales 4,704,067.66

Gross Profit on Sales 1,074,885.23

Add: Other Income:
Income from Room and Board 1,179,032.21
Income from Laboratory 2,215,199.80

Total Gross Income 4,469,117.24

Less: Operating Expenses:

Salaries and Wages 3,154,243.70
Professional Fees -
Electric Bill 915,568.23
Telephone Expense 34,767.29
Water Bill 28,317.35
Cable Services 4,200.00
Taxes and Licenses 17,538.00
Office Supplies 9,347.00
Gas and Oil 217,528.30
Transportation Expense 7,438.00
Miscellaneous Expense 1,939.00
Depreciation Charges 69,166.00

Total Operating Expense 4,460,052.87

Net Income Before Tax 9,064.37

Less: Provision for Income Tax

NET INCOME AFTER TAX P 9,064.37

Tax Paid 9,731.00

 SKYWATCH CABLE NETWORK CORPORATION
San Juan, Malolos City

INCOME STATEMENT
For the Year Endede December 31, 2010

Gross Receipts: 2010

Subscription Fees P 2,545,357.81

Installation Fee 73,325.00
Miscellaneous & Service fees 56,652.90

Total Gross Receipts 2,675,335.71

Less: Cost of Sales:

Cable Provider 970,405.00

Cable Materials 203,338.00
Gas and Oil 56,762.00
Telephone Expense 43,168.00
Light and Power 270,536.81

Total Cost of Sales 1,544,209.81

Total Gross Income 1,131,125.90

Less: Operating Expenses:

Salaries and Wages 754,344.00

Light and Power
Rental Expense 60,000.00
Transportation Expense 8,925.00
SSS, Philhealth & Pag-ibig 48,300.00
Taxes, licenses and Permits 28,063.00

Water Bill 15,385.00

Office Supplies 5,762.00
Depreciation Expense 127,470.40

Total Operating Expenses 1,048,249.40

Net Income Before Tax 82,876.50

Less: Provision for Income Tax

NET INCOME AFTER TAX P 82,876.50

Tax Paid 22890