SFM Report_21.9.2021

BUSH PIGS Income Statement

Bush Pigs

For The 5 Periods Ending August 26, 2021

Current Month

Year To date

Actual

Budget

Variance

Actual

Budget

Variance

Privately funded Education Groups (Parents)

0

350 000

-350 000

70 435

1 025 000

-954 565

Privately funded Education Groups (Private donors)

0

0

0

0

0

0

Government funded Education Groups

0

0

0

0

0

0

Corporate funded income (Education Projects)

0

0

0

0

0

0

Private tourism Groups

0

0

0

0

0

0

Donations

0

0

0

0

0

0

Other Income

0

0

0

0

0

0

Projet Income

0

0

0

0

0

0

Tuckshop

0

0

0

0

0

0

Rental Income

0

0

0

0

0

0

Event income

0

0

0

0

0

0

TOTAL REVENUE

0 350 000 -350 000

70 435 1 025 000

-954 565

Salaries & wages - Direct

4 455

0

4 455

38 261

0

38 261

Education Centre Expenses Direct

810

149 600

-148 790

32 752

501 900

-469 148

LESS COST OF SALES

5 265 149 600 -144 335

71 013

501 900

-430 887

% Direct Costs vs Revenue

0%

43%

41%

101%

49%

45%

GROSS PROFIT

-5 265 200 400 -205 665

-578

523 100

-523 678

Gross Profit %

55%

0%

57%

59%

-1%

51%

LESS OPERATING COSTS Bank charges

0

750

-750

0

3 750

-3 750

Audit fee

-5 832

5 833

-11 665

17 500

29 167

-11 667

Computer expenses

0

500

-500

0

2 500

-2 500

Conferences, seminars and workshops

0

0

0

0

0

0

Course Fee Expenses

0

0

0

0

0

0

Credit card - unreconciled

0

0

0

0

0

0

Equipment lease

0

0

0

0

0

0

Insurance

7 416

8 900

-1 484

36 696

44 500

-7 804

Interest and finance charges

0

0

0

0

0

0

Magazines and newsletters - Specific

0

0

0

0

0

0

Marketing expenses

0

3 000

-3 000

0

15 000

-15 000

Registration & Subscriptions

0

0

0

0

0

0

Motor vehicle expenses

0

17 000

-17 000

0

55 000

-55 000

Office Expenses

710

13 000

-12 290

1 270

65 000

-63 730

Other staff costs

0

2 500

-2 500

11 324

12 500

-1 176

Printing, stationery and postage

0

1 450

-1 450

0

7 250

-7 250

Professional consulting fees

0

2 500

-2 500

636

12 500

-11 864

Profit on sale of assets

0

0

0

0

0

0

Repairs & Maintenance

0

6 000

-6 000

808

30 000

-29 192

Salaries and wages - Indirect

0

31 228

-31 228

12 900

156 139

-143 239

Staff Training

0

2 000

-2 000

0

10 000

-10 000

Telephone

118

5 500

-5 382

474

27 500

-27 026

Travel, accommodation and transport

0

1 500

-1 500

0

7 500

-7 500

TOTAL OPERATING COSTS % Operating Costs vs Revenue

2 413

101 661

-99 248

81 607

478 305

-396 699

42%

0%

29%

28%

116%

47%

EBITDA

-7 679 98 739 -106 417

-82 185

44 795

-126 980

% EBITDA vs Revenue

0%

28%

30%

-117%

4%

13%

Depreciation

0

3 475

-3 475

10 428

17 375

-6 947

EBIT

-7 679

95 264 -102 942

-92 613

27 420

-120 032

TAX

0

27 647

0

0

12 542

0

Net Profit

-7 679 67 617 -102 942

-92 613

14 877

-120 032

N% Net Profit vs Revenue

0%

19%

29%

-131%

1%

13%

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