SFM Report_21.9.2021

Wildlife Marketing Services (Pty) Ltd Income Statement

WMS

For The 5 Periods Ending August 26, 2021

Current Month

Year To date

Actual

Budget

Variance

Actual

Budget

Variance

Privately funded Education Groups (Parents)

77 796

763 000

-685 204

381 356

1 113 000

-731 644

Privately funded Education Groups (Private donors)

0

0

0

25 061

0

25 061

Government funded Education Groups

0

0

0

0

0

0

Corporate funded income (Education Projects)

0

177 788

-177 788

164 188

893 939

-729 751

Private tourism Groups

957

10 000

-9 043

20 600

65 000

-44 400

Donations

0

0

0

0

0

0

Other Income

595 765

50 000

545 765

817 525

250 000

567 525

Projet Income

0

0

0

36 458

0

36 458

Tuckshop

65

5 000

-4 935

2 719

25 000

-22 281

Rental Income

5 130

20 000

-14 870

81 304

100 000

-18 696

Event income

0

5 000

-5 000

0

25 000

-25 000

TOTAL REVENUE

679 712 1 030 788 -351 076

1 529 212 2 471 939

-942 728

Salaries & wages - Direct

219 331

0

219 331

1 068 347

0

1 068 347

Education Centre Expenses Direct

246 539

380 690

-134 151 85 180

638 167

741 590

-103 423 964 924

LESS COST OF SALES

465 870 380 690

1 706 514

741 590

% Direct Costs vs Revenue

69%

37%

-24%

112%

30%

-102%

GROSS PROFIT

213 842 650 098 -436 256

-177 302 1 730 349 -1 907 652

Gross Profit %

202%

31%

63%

124%

-12%

70%

LESS OPERATING COSTS Bank charges

1 591

1 500

91

7 171

7 500

-329

Audit fee

0

4 000

-4 000

0

20 000

-20 000

Computer expenses

730

2 500

-1 770

1 095

12 500

-11 405

Conferences, seminars and workshops

358

0

358

1 458

10 000

-8 542

Course Fee Expenses

7 427

0

7 427

22 713

0

22 713

Credit card - unreconciled

0

0

0

0

0

0

Equipment lease

2 556

4 750

-2 194

14 309

23 750

-9 441

Insurance

18 777

14 000

4 777

115 928

70 000

45 928

Interest and finance charges

0

0

0

0

0

0

Magazines and newsletters - Specific

0

1 000

-1 000

0

5 000

-5 000

Marketing expenses

1 496

2 500

-1 004

2 252

12 500

-10 248

Registration & Subscriptions

0

2 500

-2 500

365

12 500

-12 135

Motor vehicle expenses

31 534

15 000

16 534

127 675

75 000

52 675

Office Expenses

1 840

16 000

-14 160

60 787

80 000

-19 213

Other staff costs

0

0

0

0

0

0

Printing, stationery and postage

8 198

3 000

5 198

-4 022

15 000

-19 022

Professional consulting fees

0

2 500

-2 500

6 606

12 500

-5 894

Profit on sale of assets

0

0

0

0

0

0

Repairs & Maintenance

13 032

12 000

1 032

58 445

60 000

-1 555

Salaries and wages - Indirect

-250

146 735

-146 985

169

733 676

-733 508

Staff Training

0

2 000

-2 000

0

10 000

-10 000

Telephone

21 066

15 000

6 066

64 485

75 000

-10 515

Travel, accommodation and transport

2 401

11 400

-8 999

-665

57 000

-57 665

TOTAL OPERATING COSTS % Operating Costs vs Revenue

110 756

256 385

-145 629

478 771

1 291 926

-813 156

86%

16%

25%

41%

31%

52%

EBITDA

103 086 393 713 -290 626

-656 073

438 423 -1 094 496

% EBITDA vs Revenue

15%

38%

83%

-43%

18%

116%

Depreciation

26 323

0

26 323

112 533

0

112 533

EBIT

76 763

393 713 -316 950

-768 606

438 423 -1 207 029

TAX

28 864

110 240

0

0

122 758

0

Net Profit

47 899 283 473 -316 950

-768 606

315 665 -1 207 029

N% Net Profit vs Revenue

7%

28%

90%

-50%

13%

128%