Nobre Enterprise Annual Financial Statement 2009

Nobre Enterprise: Statement of Profits and Losses

Fiscal Period: 01-01-09 to 31-12-09

Expressed in BS.

Income Statement

• Gross Sales: XXX
• Less: Returns on Sales: (XXX)
• Less: Discount on Sales: (XXX)
• Net Sales: XXX

Cost of Sales

• Initial Inventory of Goods: XXX
• Gross Purchases: XXX
• Freight on Purchasing: XXX
• Total Gross Purchases: XXX
• Less: Returns on Purchasing: (XXX)
• Less: Discounts on Purchasing: (XXX)
• Cost of Net Purchases: XXX
• Merchandise Available: XXX
• Deduct Ending Inventory: (XXX)
• Total Cost of Sales: XXX

Operating Results

• Gross Profit on Sales: XXX
• Total Operating Expenses: XXX
• Utility Operations: XXX
• Total Other Income: XXX
• Total Other Expenses: XXX
• Profit or Loss for Operations: XXX

Extraordinary Items

• Extraordinary Income: XXX
• Extraordinary Expenses: (XXX)
• Profit or Loss for the Period: XXXXX

Balance Sheet: Assets

• Other Assets:
• Escrow Delivered: XXX
• Tax Credit: XXX
• Loan Receivable: XXX
• Long-term Receivables: XXX
• Investments (Securities & Shares): XXX
• Personal Account Partners: XXX
• Total Other Assets: XXXX
• TOTAL ASSETS: XXXX

Balance Sheet: Liabilities and Capital

• Current Liabilities: Accounts Payable, Bills Payable, Bank Loans, Legal Hold, Accrued Expenses, Taxes Payable.
• Total Liabilities: XXXX
• Deferred Credits: Rentals, Interest, and Payments Received in Advance.
• Long-Term Liabilities: Loan Receivables and Long-Term Payables.
• Other Liabilities: Escrow Received, Provision Benefits, Debit Tax, Accounts Payable to Partners.
• Capital: Capital X and Z, Net Income, Loss for the Year.
• Total Capital: XXXX

Note: Total Assets must equal Total Liabilities plus Capital.