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Financial Report
Report Date: December 31, 2023
Income Statement
| Revenue Items | Amount (USD) | Description |
|---|---|---|
| Sales Revenue | 21,350,000 | Revenue generated from the company’s sales activities. |
| Licensing Revenue | 500,000 | Revenue generated from product licenses. |
| Subscription Revenue | 300,000 | Revenue generated from service subscriptions. |
| Total Revenue | 22,150,000 | Sum of all revenue items. |
Expense Statement
| Expense Items | Amount (USD) | Description |
|---|---|---|
| Sales and Marketing | 9,000,000 | Costs related to product promotion, advertising, and marketing. |
| Personnel Expenses | 5,800,000 | Employee salaries, insurance, and other personnel expenses. |
| General and Administrative | 3,200,000 | Office rent, office supplies, management salaries, etc. |
| Total Expenses | 18,000,000 | Sum of all expense items. |
Profit/Loss Statement
| Items | Amount (USD) | Description |
|---|---|---|
| Total Revenue | 22,150,000 | Sum of all revenue items. |
| Total Expenses | (18,000,000) | Sum of all expense items. |
| Net Profit | 4,150,000 | Profit obtained after subtracting total expenses from total revenue. |
Balance Sheet
| Asset Items | Amount (USD) | Description |
|---|---|---|
| Cash and Equivalents | 8,500,000 | Cash and cash equivalents held in the company’s bank accounts. |
| Accounts Receivable | 5,000,000 | Outstanding receivables from sales yet to be collected. |
| Inventories | – | No inventories due to absence of production. |
| Other Assets | 4,500,000 | Total value of other assets. |
| Total Assets | 18,000,000 | Sum of all asset items. |
| Liabilities and Equity Items | Amount (USD) | Description |
|---|---|---|
| Short-term Liabilities | 4,000,000 | Debts due within one year. |
| Long-term Liabilities | 6,500,000 | Debts due beyond one year. |
| Equity | 7,500,000 | Remaining value of assets after deducting liabilities. |
| Total Liabilities and Equity | 18,000,000 | Sum of all liabilities and equity items. |
