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XYZ Service Organization

Statement of Financial Performance/ Income Statement (Functional Format)


For the year ended 31 December 2012
$
Service Revenue
Operating Expenses:
Selling and Marketing expenses
General and Admin expenses
Depreciation and Amortization expenses
Operating Profit
Non-operating Income

xxx
Xxx
Xxx
Xxx

xxx
xxx

Gain on sale of equipment


Interest income
Net Profit before Tax
Tax

xxx
xxx
xxx
xxx

Net Profit after Tax

xxx
XYZ Service Organization

Statement of Financial Performance/ Income Statement (Nature of Expenses)


For the year ended 31 December 2012
$
Service Revenue
Expenses:
Advertisement expenses
Salary expenses
Depreciation expenses
Insurance expense
Rent expense

xxx
xxx
xxx
xxx
xxx
xxx

Total Expenses

xxx

Net Profit before Tax

xxx

Tax

xxx

Net Profit after Tax

xxx

XYZ Service Organization


Statement of Financial Position/ Balance Sheet
For the year ended 31 December 2012

$
Current Assets
Cash at Bank

xxx

Accounts Receivable

xxx

Inventory

xxx

Total Current Assets

xxx

Non-Current Assets

xxx

Land
Fixtures and Fittings
(-) Accumulated Depreciation
Building
(-) Accumulated Depreciation
Total Non-Current Assets
Total Assets

xxx
xxx
xxx
xxx

xxx

xxx
xxx
XXX

Current Liabilities

xxx

Accounts Payable

Xxx

Short term Loan


Tax Payable

xxx

Total Current Liabilities

xxx

Non-Current Liabilities
Long Term Loans

xxx

Bond

Xxx

Total Non-Current Liabilities

xxx

Total Liabilities

Xxx

Net Assets

xxx

Equity
Owners Equity/ Share Capital

xxx

Profit or Loss/Retained Profits

xxx

Total Equity

xxx

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