Solved by verified expert :INCOME STATEMENT
Monthly
Data
31-Aug-13
31-Aug-14
31-Aug-15
31-Aug-16
31-Aug-17
Period Ending
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Total
300,000
387,654
455,450
467,078
595,870
Total Revenue
300,000
0
0
0
0
0
0
0
0
0
0
0
300,000
292,965
365,348
415,945
414,765
534,768
Cost of Revenue
292,965
0
0
0
0
0
0
0
0
0
0
0
292,965
7,035
22,306
39,505
52,313
61,102
Gross Profit
7,035
0
0
0
0
0
0
0
0
0
0
0
7,035
10,000
10,000
10,000
10,000
10,000
Research Development
10,000
10,000
35,998
36,076
37,789
38,986
39,865
Selling General and Administrative
14,000
5300
1998
2,000
1500
1,000
1,000
1414
1000
1587
2500
2699
35,998
–
–
–
–
–
Non Recurring
0
0
0
0
0
0
0
0
0
0
0
0
–
–
–
–
–
Others
0
0
0
0
0
0
0
0
0
0
0
45,998
46,076
47,789
48,986
49,865
Total Operating Expenses
24,000
5300
1998
2000
1500
1000
1000
1414
1000
1587
2500
2699
45,998
-38,963
-23,770
-8,284
3,327
11,237
Operating Income or Loss
-3246
-3247
-3247
-3247
-3247
-3247
-3247
-3247
-3247
-3247
-3247
-3247
-38963
-15,195
1,975
20,561
40,235
55,915
Total Other Income/Expenses Net
-1,265
-1,266
-1,266
-1,266
-5,228
-5,227
-5,227
-5,227
-5,227
-5,228
-5,228
-5,228
-46,883
-23,768
-25,745
-28,845
-36,908
-44678
Earnings Before Interest And Taxes
1,981
1,981
1,981
1,981
1,981
1,980
1,980
1,980
1,980
1,981
1,981
1,981
23,768
937
1,069
1167
1,378
1,245
Interest Expense
78.12
78.08
78.08
78.08
78.08
78.08
78.08
78.08
78.08
78.08
78.08
78.08
937
-24,556
-26745
-29,845
-37,879
-45768
Income Before Tax
-2,046
245
267
298
378
457
Income Tax Expense
–
–
–
–
–
Minority Interest
