Kent's E-Jeepney K

Income Statement I
December 31, 2019 D

Revenue Revenue
Revenue PHP 1,522,080 Revenue

Expenses Expenses
Office Supplies 28,224 Office Supplies
Advertising 6,000 Advertising
Salaries 504,000 Salaries
Utilities 13,046 Utilities
Taxes and Licenses 26,409 Taxes and Licenses
Communication 18,000 Communication
Prepaid Insurance 72,000 Prepaid Insurance
Depreciation 226,667 Depreciation
Interest 60,000 Interest

TOTAL 954,346 TOTAL

NET PROFIT PHP 567,734 NET PROFIT

139%

NOTES
Revenue
Per day No. of Days No of Months
4,228 30 12 1,522,080

Office Supplies
Usage of Supplies Per Month
Bond Paper 352 6 2,112
Other supplies 1000 6 6,000
TOTAL 8,112

Advertising 500/month 12 60,000

Salaries
2 Drivers
400 each driver/d 30 12 288,000
1 Manager
600/ day 30 12 216,000
TOTAL 504,000
Utilities
50/kilowatts 1,087 12 13,046
Total of 500 kilowatts/month

Taxes and Licenses

Transportation 150
Barangay Permit 500
Community Tax Certificate 1,300
Mayor's Permit Fee 5,000
Business Tax 15,000
Sanitary Fee 90
Garbage Fee 1,200
Signboard Fee 200
Individual Mayor's Permit Fee 250
Individual HC Fee 250
Fire Safety Inspection Fee 649
Notarization 100
CGL Insurance 1,120
BIR 0605 Form 500
Photocopies 100
TOTAL 26,409
Deduction
SSS
Pag Ibig
Philhealth

Communication
Internet 1500/month 12 12,000

Insurance
3000 each jeep/month 12 72,000

Depreciation
2 Jeepneys
1700000 each 1st Jeepney 113,333
15 years long span 2nd Jeepney 113,333
TOTAL Depreciation for 1st year 226,667

5 Partners, 1m each. Not yet partnered sa Governemnt.

 Kent's E-Jeepney Kent'
Income Statement Incom
December 31, 2020 Decem

Revenue
PHP 1,750,392 Revenue

Expenses
e Supplies 29,635.20 Office Supplies
6,120 Advertising
504,000 Salaries
13,699 Utilities
and Licenses 30,370 Taxes and Licenses
18,000 Communication
id Insurance 72,000 Prepaid Insurance
226,667 Depreciation
60,000 Interest

960,491 TOTAL

PHP 789,901 NET PROFIT

0.5436 /kilowatt
 Kent's E-Jeepney Kent's E-Jeepne
Income Statement Income Statemen
December 31, 2021 December 31, 202

Revenue
PHP 2,012,951 Revenue

Expenses Expenses
Office Supplies 31,710 Office Supplies
Advertising 6,242 Advertising
Salaries 504,000 Salaries
Utilities 14,384 Utilities
Taxes and Licenses 34,926 Taxes and Licenses
Communication 18,000 Communication
Prepaid Insurance 72,000 Prepaid Insurance
Depreciation 226,667 Depreciation
Interest 60,000 Interest

967,928 TOTAL

NET PROFIT PHP 1,045,023 NET PROFIT

132%
 Kent's E-Jeepney Kent's E-Jeepney
Income Statement Income Statement
December 31, 2022 December 31, 2023

Revenue
PHP 2,314,893 Revenue

Expenses
Supplies 34,564 Office Supplies
6,367 Advertising
504,000 Salaries
15,103 Utilities
nd Licenses 40,165 Taxes and Licenses
18,000 Communication
Insurance 72,000 Prepaid Insurance
226,667 Depreciation
60,000 Interest

976,865 TOTAL

PHP 1,338,028 NET PROFIT

128%
Jeepney
atement
1, 2023

PHP 2,662,127

38,366
6,495
504,000
15,858
46,190
18,000
72,000
226,667
60,000

987,574

PHP 1,674,553

125%
525%
131%
 Kent's E-Jeepney Kent's E-Jeepney
Statement of Cash Flows Statement of Cash Flows
December 31, 2019 December 31, 2020

Cash Flow From Operation Cash Flow From Operation

Net Revenue PHP 567,734 Net Revenue
Add: Depreciation 226,667 Add: Depreciation
794,401
Increase/Decrease in: Increase/Decrease in:

Office Supplies (28,224) Office Supplies

Bank Loan Bank Loan
Total Cash Flow from Operation 766,177 Total Cash Flow from Operation

Cash Flow From Investing Cash Flow From Investing

Acquisition of Jeepneys (3,400,000) Acquisition of Jeepneys
Total Cash Flow from Investing (3,400,000) Total Cash Flow from Investing

Cash Flow from Financing Cash Flow from Financing

Initial Capital 5,000,000 Drawing
Bank Loan Bank Loan
Training of Employees (100,000) Total Cash Flow from Financing
Maintainance and Reconstruction (12,000)
Total Cash Flow from Financing 4,888,000 Cash Flow from
Operation
Cash Flow from Investing
Operation 766,177 Financing
Investing (3,400,000) Total Cash Flows
Financing 4,888,000 Cash, Beginning
Net Cash Flow PHP 2,254,177 Net Cash Flow
 eepney Kent's E-Jeepney Ke
Cash Flows Statement of Cash Flows Statem
1, 2020 December 31, 2021 Dec

Cash Flow From Operation Cash Flow From Operati

PHP 789,901 Net Revenue PHP 1,045,023 Net Revenue
226,667 Add: Depreciation 226,667 Add: Depreciation
1,016,568 1,271,689
Increase/Decrease in: Increase/Decrease in:

(28,647) Office Supplies (28,930) Office Supplies

Bank Loan Bank Loan
987,920 Total Cash Flow from Operation 1,242,760 Total Cash Flow from O

Cash Flow From Investing Cash Flow From Investi

- Acquisition of Jeepneys - Acquisition of Jeepney
- Total Cash Flow from Investing - Total Cash Flow from I

Cash Flow from Financing Cash Flow from Financi

(85,160) Initial Capital (118,485) Initial Capital
- Bank Loan - Bank Loan
(85,160) Total Cash Flow from Financing (118,485) Total Cash Flow from F

Cash Flow from Cash Flow from

987,920 Operation 1,242,760 Operation
- Investing - Investing
(85,160) Financing (118,485) Financing
902,760 Total Cash Flows 1,124,274 Total Cash Flows
2,254,177 Cash, Beginning 3,156,937 Cash, Beginning
PHP 3,156,937 Net Cash Flow PHP 4,281,211 Net Cash Flow
 Kent's E-Jeepney Kent's E-Jeepney
Statement of Cash Flows Statement of Cash Flows
December 31, 2022 December 31, 2023

Cash Flow From Operation Cash Flow From Operation

Net Revenue PHP 1,338,028 Net Revenue
Add: Depreciation 226,667 Add: Depreciation
1,564,695
Increase/Decrease in: Increase/Decrease in:

Office Supplies (29,212) Office Supplies

Bank Loan Bank Loan
Total Cash Flow from Operation 1,535,483 Total Cash Flow from Operation

Cash Flow From Investing Cash Flow From Investing

Acquisition of Jeepneys - Acquisition of Jeepneys
Total Cash Flow from Investing - Total Cash Flow from Investing

Cash Flow from Financing Cash Flow from Financing

Initial Capital (156,753) Drawing
Bank Loan - Net Income/Loss Sharing
Total Cash Flow from Financing (156,753) Total Cash Flow from Financing

Cash Flow from Cash Flow from

Operation 1,535,483 Operation
Investing - Investing
Financing (156,753) Financing
Total Cash Flows 1,378,730 Total Cash Flows
Cash, Beginning 4,281,211 Cash, Beginning
Net Cash Flow PHP 5,659,941 Net Cash Flow
 eepney
Cash Flows
1, 2023

PHP 1,674,553
226,667
1,901,220

(29,494)

1,871,726

-
-

(200,704)
(837,277)
(1,037,981)

1,871,726
-
(1,037,981)
833,745
5,659,941
PHP 6,493,686
 Kent's E-Jeepney Kent's E-Jeepney
Statement of Changes in Equity Statement of Changes in Equity
December 31, 2019 December 31, 2020

Kent's E-Jeepney Capital, Beginning PHP - Kent's E-Jeepney Capital, Beginning

Less: Drawing - Less: Drawing
-
Add: Income 567,734 Add: Income
Less: Training of Employees (100,000) E-Jeppney Capital, Ending
Maintenance & Reconstruction (12,000)
E-Jeepney Capital, Ending PHP 455,734
eepney Kent's E-Jeepney Kent'
ges in Equity Statement of Changes in Equity Statement of
, 2020 December 31, 2021 Decemb

PHP 455,734 Kent's E-Jeepney Capital, Beginning PHP 1,160,475 Kent's E-Jeepney Capital,
(85,160) Less: Drawing (118,485) Less: Drawing
370,574 1,041,990
789,901 Add: Income 1,045,023 Add: Income
PHP 1,160,475 E-Jeppney Capital, Ending PHP 2,087,012 E-Jeppney Capital, Ending
 Kent's E-Jeepney Kent's E-Jeepney
Statement of Changes in Equity Statement of Changes in Equity
December 31, 2022 December 31, 2023

E-Jeepney Capital, Beginning PHP 2,087,012 Kent's E-Jeepney Capital, Beginning PHP 3,268,287
(156,753) Less: Net Income/Loss Sharing (837,277)
1,930,259 Drawing (200,704)
1,338,028 2,230,306
ey Capital, Ending PHP 3,268,287 Add: Income 1,674,553
E-Jeppney Capital, Ending PHP 3,904,860
 Kent's E-Jeepney
Statement of Cash Flows
December 31, 2019

Current Assets

Cash PHP 2,254,177

Office Supplies 28,224
Jeepneys 3,400,000
Accumulated Depreciation (226,667)
TOTAL ASSETS PHP 5,455,734

Liabilities & Equity

Bank Loan 4,000,000
Kent's E-Jeepney, Capital 455,734
TOTAL LIABILITIES & EQUITY PHP 4,455,734

E-Jeepney
Projected Financial Position
For the year 2019-2023

Schedule 2019
Current Assets
Cash PHP 2,254,177
Office Supplies 28,224
Total Current Assets PHP 2,282,401

Non-Current Assets
Jeepneys 3,400,000
Accumulated Depreciation (226,667)
Total Non Current Assets 3,173,333
TOTAL ASSETS PHP 5,455,734

Liabilities & Equity

Bank Loan 4,000,000
Kent's E-Jeepney, Capital 455,734
TOTAL LIABILITIES & EQUITY 4,455,734
 Kent's E-Jeepney
Statement of Cash Flows
December 31, 2020

Current Assets

Cash
Office Supplies
Jeepneys
Accumulated Depreciation
TOTAL ASSETS

Liabilities & Equity

Bank Loan
Kent's E-Jeepney, Capital
TOTAL LIABILITIES & EQUITY

E-Jeepney
Projected Financial Position
For the year 2019-2023

2020 2021 2022 2023

PHP 3,156,937 PHP 4,281,211 PHP 5,659,941 PHP 6,493,686

PHP 56,871 PHP 85,801 PHP 115,013 PHP 144,507
PHP 3,213,808 PHP 4,367,012 PHP 5,774,954 PHP 6,638,193

3,400,000 3,400,000 3,400,000 3,400,000

(453,333) (680,000) (906,667) (1,133,333)
2,946,667 2,720,000 2,493,333 2,266,667
PHP 6,160,475 PHP 7,087,012 PHP 8,268,287 PHP 8,904,860

3,000,000 2,000,000 1,000,000

1,160,475 2,087,012 3,268,287 3,904,860
4,160,475 4,087,012 4,268,287 3,904,860
Jeepney Kent's E-Jeepney
Cash Flows Statement of Cash Flows
31, 2020 December 31, 2021

Current Assets

PHP 3,156,937 Cash

56,871 Office Supplies
3,400,000 Jeepneys
- 453,333.33 Accumulated Depreciation
PHP 6,160,475 TOTAL ASSETS

Liabilities & Equity

3,000,000 Bank Loan
1,160,475 Kent's E-Jeepney, Capital
PHP 4,160,475 TOTAL LIABILITIES & EQUITY

2,000,000
nt's E-Jeepney Kent's E-Jeepney
ent of Cash Flows Statement of Cash Flows
ember 31, 2021 December 31, 2022

Current Assets

PHP 4,281,211 Cash

85,801 Office Supplies
3,400,000 Jeepneys
(680,000) Accumulated Depreciation
PHP 7,087,012 TOTAL ASSETS

Liabilities & Equity

2,000,000 Bank Loan
2,087,012 Kent's E-Jeepney, Capital
PHP 4,087,012 TOTAL LIABILITIES & EQUITY

3,000,000
 eepney Kent's E-Jeepney
Cash Flows Statement of Cash Flows
1, 2022 December 31, 2023

Current Assets

PHP 5,659,941 Cash

115,013 Office Supplies
3,400,000 Jeepneys
(906,667) Accumulated Depreciation
PHP 8,268,287 TOTAL ASSETS

Liabilities & Equity

1,000,000 Kent's E-Jeepney, Capital
3,268,287 TOTAL LIABILITIES & EQUITY
PHP 4,268,287

4,000,000
 eepney
Cash Flows
1, 2023

PHP 6,493,686
144,507
3,400,000
(1,133,333)
PHP 8,904,860

3,904,860
PHP 3,904,860

5,000,000