Hercule Logistic

BALANCE SHEET

AS AT 31- October -2013

HQ

Kyat

1000 Fixed Assets

1010 Building 10,860,800

1011 Accumulated Depcreciation (720,809)

1010 Building -2 70,297,835

1011 Accumulated Depcreciation (1,522,487)

1020 Generator 790,000

1021 Accumulated Depcreciation (92,169)

1030 Phone 1,000,000

1031 Accumulated Depcreciation (66,668)

1040 Motor Vehicle (Truck & Cycle) 832,450,000

1041 Accumulated Depcreciation (13,939,167)

1050 Office Equipment 5,747,250

1051 Accumulated Depcreciation (625,234)

1060 Renovation -

1061 Accumulated Depcreciation -

904,179,351

2000 Current Assets

2100 Prepayment 33,000,000

2200 Cash to Management -

2300 Cash in Hand 6,575,829

2400 Cash to Company 60,500,000

2500 Accounts Receivable (Muse) 4,148,726

2600 Accounts Receivable (Luojia) -

2700 Accounts Receivable (Others) (25,000)

2800 Advance Trip Expenses (Truck) 3,700,000

107,899,555

3000 Current Liabilities

3100 Account Payables -

3200 Advance Received -

3300 Accrual Account -

3400 Account Payables (Ygn) -

-

Net Current Assets 107,899,555

Total Assets 1,012,078,906

Financed by

4000 Share Capital 1,000,000,000

Balance as at 31.10.2013

Current Month DescriptionCode

4100 Retained Earning -

4200 Profit & Loss for the Period 12,078,906

1,012,078,906

TOTAL

Kyat

10,860,800

(720,809)

70,297,835

(1,522,487)

790,000

(92,169)

1,000,000

(66,668)

832,450,000

(13,939,167)

5,747,250

(625,234)

-

-

904,179,351

33,000,000

-

6,575,829

60,500,000

4,148,726

-

(25,000)

3,700,000

107,899,555

-

-

-

-

107,899,555

-

1,012,078,906

-

-

1,000,000,000

Balance as at 31.10.2013

Current Month

-

12,078,906

1,012,078,906

Hercule Logistic

PROFIT & LOSS ACCOUNTS

AS AT 31- October -2013

HQ

Kyat

5000 REVENUE

5100 Truck Income 298,745,692

5200 Other Truck Income 1,546,000

300,291,692

300,291,692

6000 Logistic Expenses

6110 Repair & maintenance for Trucks 10,829,843

6120 Vehicle Spare Parts & Tools 13,606,550

6130 Petrol & Diesel 294,800

6140 Salary(Driver & Spare) 1,360,000

6141 Driver Mileague Fees 15,719,856

6142 Meal Charges -

6150 Transportation (Toll Charges) 195,792,212

6151 Travelling Expenses (Hotel) -

6160 Depreciation (Motor Vehicle, 13,857,167

251,460,428

GROSS PROFIT 48,831,264

Other Income

7000 Other Income 290,300

290,300

8100 GENERAL & ADMINISTRATION EXPENSES

8101 Direct chg 904,550

8102 Electricity & Water 1,778,100

8103 Entertainment 24,800

8104 General Expenses 5,806,860

8105 Petrol & Diesel (Office Truck & Cycle 1,930,400

8106 Maintenance & Repair for Office Equipment 33,000

8107 Newspaper 22,500

8108 Office Utensil 158,200

8109 Printing & Stationery 730,940

8110 Telephone Charges 1,970,100

8111 Treatment Charges 150,210

From November 2012 - to Oct-2013

Current QuarterDescriptionCode

8112 Uniform Expenses -

8113 Penalty/Fine (1,000,000)

8114 Cash (Gain)/Loss 310,762

8115 Travelling Allowance 97,500

8116 Bank charges 70,014

8117 Repair & Maintainance for Generator 339,675

8118 Petrol & Diesel (Generator ) 552,100

8119 Repair & Maintainance for Office Truck & Cycle 349,200

8120 Rental (Ware House) 3,000,000

17,228,911

8300 STAFF COSTS

8301 Salary 12,362,000

8302 Training Fees -

8303 Meal Charges 2,687,180

8304 Bonus -

8305 Welfare 1,655,200

16,704,380

PROFIT / (LOSS) FROM OPERATION 15,188,273

DEPRECIATION

8400 Depreciation (Motor Vehicle, Office Equipment, Phone, etc) 折旧 3,109,367

PROFIT BEFORE TAXATION 12,078,906

INCOME TAX EXPENSE

8600 INCOME TAX EXPENSE -

NET PROFIT /(LOSS) 12,078,906

Sub-total

Kyat

298,745,692

1,546,000

300,291,692

300,291,692

10,829,843

13,606,550

294,800

1,360,000

15,719,856

-

195,792,212

-

13,857,167

251,460,428

48,831,264

290,300

290,300

904,550

1,778,100

24,800

5,806,860

1,930,400

33,000

22,500

158,200

730,940

1,970,100

150,210

From November 2012 - to Oct-2013

Current Quarter

-

(1,000,000)

310,762

97,500

70,014

339,675

552,100

349,200

3,000,000

17,228,911

12,362,000

-

2,687,180

-

1,655,200

16,704,380

15,188,273

3,109,367

12,078,906

-

12,078,906

Hercule Logistic

PROFIT & LOSS ACCOUNTS

AS AT 31- October -2013

HQ

Kyat

5000 REVENUE

5100 Truck Income 25,464,920

5200 Other Truck Income 648,000

26,112,920

26,112,920

6000 Logistic Expenses

6110 Repair & maintenance for Trucks 419,350

6120 Vehicle Spare Parts & Tools 900,350

6130 Petrol & Diesel -

6140 Salary(Driver & Spare) 640,000

6141 Driver Mileague Fees 1,534,607

6142 Meal Charges -

6150 Transportation (Toll Charges) 20,129,891

6151 Travelling Expenses (Hotel) -

6160 Depreciation (Motor Vehicle, 6,928,583

30,552,781

GROSS PROFIT (4,439,861)

Other Income

7000 Other Income 17,300

17,300

8100 GENERAL & ADMINISTRATION EXPENSES

8101 Direct chg 40,700

8102 Electricity & Water 92,300

8103 Entertainment -

8104 General Expenses 1,975,830

8105 Petrol & Diesel (Office Truck & Cycle 342,000

8106 Maintenance & Repair for Office Equipment 33,000

8107 Newspaper 7,500

8108 Office Utensil 48,500

8109 Printing & Stationery 65,050

8110 Telephone Charges 392,200

8111 Treatment Charges 55,500

October-2013.

Current monthDescriptionCode

8112 Uniform Expenses -

8113 Penalty/Fine -

8114 Cash (Gain)/Loss 1,050

8115 Travelling Allowance -

8116 Bank charges 10,900

8117 Repair & Maintainance for Generator&Water Pump 70,075

8118 Petrol & Diesel (Generator &Water Pump) 34,400

8119 Repair & Maintainance for Office Truck & Cycle 82,400

8120 Rental (Warehouse) 3,000,000

6,251,405

8300 STAFF COSTS

8301 Salary 1,610,000

8302 Training Fees -

8303 Meal Charges 501,900

8304 Bonus -

8305 Welfare 685,200

2,797,100

PROFIT / (LOSS) FROM OPERATION (13,471,066)

DEPRECIATION

8400 Depreciation (Motor Vehicle, Office Equipment, Phone, etc) 808,521

PROFIT BEFORE TAXATION (14,279,587)

INCOME TAX EXPENSE

8600 INCOME TAX EXPENSE -

NET PROFIT/(LOSS) (For the month ) (14,279,587)

Sub-total

Kyat

25,464,920

648,000

26,112,920

26,112,920

419,350

900,350

-

640,000

1,534,607

-

20,129,891

-

6,928,583

30,552,781

(4,439,861)

17,300

17,300

40,700

92,300

-

1,975,830

342,000

33,000

7,500

48,500

65,050

392,200

55,500

October-2013.

Current month

-

-

1,050

-

10,900

70,075

34,400

82,400

3,000,000

6,251,405

1,610,000

-

501,900

-

685,200

2,797,100

(13,471,066)

808,521

(14,279,587)

-

(14,279,587)

Hercule Logistic

TRIAL BALANCE

AS AT 31- October -2013

HQ Sub-total HQ

Code Description Kyat Kyat Kyat

1000 Fixed Assets

1010 Building - - 10,860,800

1011 Accumulated Depcreciation (90,507) (90,507) (630,302)

Building -2 10,720,670 10,720,670 59,577,165

Accumulated Depcreciation (583,105) (583,105) (939,382)

1020 Generator - - 790,000

1021 Accumulated Depcreciation (13,167) (13,167) (79,002)

1030 Phone - - 1,000,000

1031 Accumulated Depcreciation (16,667) (16,667) (50,001)

1040 Motor Vehicle (Truck & Cycle) - - 832,450,000

1041 Accumulated Depcreciation (6,945,583) (6,945,583) (6,993,583)

1050 Office Equipment 107,000 107,000 5,640,250

1051 Accumulated Depcreciation (88,075) (88,075) (537,159)

1060 Renovation - - -

1061 Accumulated Depcreciation - - -

- - -

2000 Current Assets - - -

2100 Prepayment (Rental Fees) 33,000,000 33,000,000 -

2200 Cash to Management - - -

2300 Cash in Hand 4,422,027 4,422,027 2,153,802

2400 Cash to Company(Bank)(Ko Ah Hai) (48,945,260) (48,945,260) 109,445,260

2500 Accounts Receivable (Muse) (1,846,920) (1,846,920) 5,995,646

2600 Accounts Receivable (Luojia) - - -

2700 Accounts Receivable (Others) - - (25,000)

2800 Advance Trip Expenses (Truck) (4,000,000) (4,000,000) 7,700,000

- - -

- - -

3000 Current Liabilities - - -

3100 Account Payables - - -

3200 Advance Received - - -

3300 Accrual Account - - -

3400 Account Payables (Ygn) -

- -

Financed by - - -

4000 Share Capital - - (1,000,000,000)

4100 Retained Earning - - -

4200 Profit & Loss for the Period - - -

- - -

Adjusted Balance as at 30.11.2013 Opening Balance as at 1.11.2013

Current Month Current Month

5000 REVENUE - - -

5100 Truck Income (25,464,920) (25,464,920) (273,280,772)

5200 Other Truck Income (648,000) (648,000) (898,000)

- - -

6000 Logistic Expenses - - -

6110 Repair & maintenance for Trucks 419,350 419,350 10,410,493

6120 Vehicle Spare Parts & Tools 900,350 900,350 12,706,200

6130 Petrol & Diesel - - 294,800

6140 Salary(Driver & Spare) 640,000 640,000 720,000

6141 Driver Mileague Fees 1,534,607 1,534,607 14,185,249

6142 Meal Charges - - -

6150 Trip Expenses (Toll Charges) 20,129,891 20,129,891 175,662,321

6151 Travelling Expenses (Hotel) - - -

6160 Depreciation (Motor Vehicle, 6,928,583 6,928,583 6,928,583

- - -

Other Income - - -

7000 Other Income (17,300) (17,300) (273,000)

- - -

8100 GENERAL & ADMINISTRATION EXPENSES - - -

8101 Direct chg 40,700 40,700 863,850

8102 Electricity & Water 92,300 92,300 1,685,800

8103 Entertainment - - 24,800

8104 General Expenses 1,975,830 1,975,830 3,831,030

8105 Petrol & Diesel (Office Truck & Cycle 342,000 342,000 1,588,400

8106 Maintenance & Repair for Office Equipment 33,000 33,000 -

8107 Newspaper 7,500 7,500 15,000

8108 Office Utensil 48,500 48,500 109,700

8109 Printing & Stationery 65,050 65,050 665,890

8110 Telephone Charges 392,200 392,200 1,577,900

8111 Treatment Charges 55,500 55,500 94,710

8112 Uniform Expenses - - -

8113 Penalty/Fine - - (1,000,000)

8114 Cash (Gain)/Loss 1,050 1,050 309,712

8115 Travelling Allowance - - 97,500

8116 Bank charges 10,900 10,900 59,114

8117 Repair & Maintainance for Generator 70,075 70,075 269,600

8118 Petrol & Diesel (Generator ) 34,400 34,400 517,700

8119 Repair & Maintainance for Office Truck & Cycle 82,400 82,400 266,800

8120 Rental (Ware House) 3,000,000 3,000,000 -

- - -

8300 STAFF COSTS - - -

8301 Salary 1,610,000 1,610,000 10,752,000

8302 Training Fees - - -

8303 Meal Charges 501,900 501,900 2,185,280

8304 Bonus - - -

8305 Welfare 685,200 685,200 970,000

- -

DEPRECIATION - - -

8400 Depreciation (, Office Equipment, Phone, etc) 808,521 808,521 2,300,846

- - -

INCOME TAX EXPENSE - - -

8600 INCOME TAX EXPENSE - - -

- -

Check 0 0 (0)

Sub-total HQ Sub-total

Kyat Kyat Kyat

10,860,800 10,860,800 10,860,800

(630,302) (720,809) (720,809)

59,577,165 70,297,835 70,297,835

(939,382) (1,522,487) (1,522,487)

790,000 790,000 790,000

(79,002) (92,169) (92,169)

1,000,000 1,000,000 1,000,000

(50,001) (66,668) (66,668)

832,450,000 832,450,000 832,450,000

(6,993,583) (13,939,167) (13,939,167)

5,640,250 5,747,250 5,747,250

(537,159) (625,234) (625,234)

- - -

- - -

- - -

- - -

- 33,000,000 33,000,000

- - -

2,153,802 6,575,829 6,575,829

109,445,260 60,500,000 60,500,000

5,995,646 4,148,726 4,148,726

- - -

(25,000) (25,000) (25,000)

7,700,000 3,700,000 3,700,000

- - -

- - -

- - -

- - -

- - -

- - -

- -

- -

- - -

(1,000,000,000) (1,000,000,000) (1,000,000,000)

- - -

- - -

- - -

Opening Balance as at 1.11.2013 Closing Balance as at 30.11.2013

Current Month Current Month

- - -

(273,280,772) (298,745,692) (298,745,692)

(898,000) (1,546,000) (1,546,000)

- - -

- - -

10,410,493 10,829,843 10,829,843

12,706,200 13,606,550 13,606,550

294,800 294,800 294,800

720,000 1,360,000 1,360,000

14,185,249 15,719,856 15,719,856

- - -

175,662,321 195,792,212 195,792,212

- - -

6,928,583 13,857,167 13,857,167

- - -

- - -

(273,000) (290,300) (290,300)

- - -

- - -

863,850 904,550 904,550

1,685,800 1,778,100 1,778,100

24,800 24,800 24,800

3,831,030 5,806,860 5,806,860

1,588,400 1,930,400 1,930,400

- 33,000 33,000

15,000 22,500 22,500

109,700 158,200 158,200

665,890 730,940 730,940

1,577,900 1,970,100 1,970,100

94,710 150,210 150,210

- - -

(1,000,000) (1,000,000) (1,000,000)

309,712 310,762 310,762

97,500 97,500 97,500

59,114 70,014 70,014

269,600 339,675 339,675

517,700 552,100 552,100

266,800 349,200 349,200

- 3,000,000 3,000,000

- - -

- - -

10,752,000 12,362,000 12,362,000

- - -

2,185,280 2,687,180 2,687,180

- - -

970,000 1,655,200 1,655,200

- -

- - -

2,300,846 3,109,367 3,109,367

- - -

- - -

- - -

- - -

(0) 0 0

Hercules Logistic

2013-October

1 Balance Sheet

2 Trial Balance

3 Profit & Loss AC

4 Profit & Loss AC-For the month

5 Share Holder's Accounts

6 Daily Cash Flow & Cash Balance

7 Truck Income & Expense Summary

8 Trip Records ( By Truck)

Hercule Logistic

Share Holder's

Balance as at 31.10.2013

Code Description

4000 Share Capital

1.11.2012 Share Capital 1,000,000,000

Fixed Asset 921,145,885

Accumulate Depreciation (16,966,534)

904,179,351

Prepayment Warehouse 33,000,000

Cash in hand 6,575,829

Cash in management(KoAhHai) 60,500,000

Accounts Receivable (Muse) 4,148,726

Accounts Receivable (Luojia) -

Accounts Receivable (Others) (25,000)

Advance Trip Expenses (Truck) 3,700,000

Profit & Loss for the Period 12,078,906

1,012,078,906 1,012,078,906

Hercule Logistic

Truck Income & Expemses

Summary

Income Expenses 20,129,891

Oct-2013. 27,802,920 20,129,891

Driver & Spare Fees 1,534,607

1,534,607

Cash to CB - 6,138,422

27,802,920 27,802,920

By Truck Income Expense Driver fees Expense Exp %

2D/9716 3,124,800 2,365,550 151,850 2,517,400 70

5D/4050 2,288,400 1,798,300 98,020 1,896,320 68

7E/2061 4,319,220 3,206,604 222,524 3,429,128 77

7E/2063 1,654,500 1,239,800 82,940 1,322,740 58

7E/5816 3,303,550 2,259,700 208,770 2,468,470 66

7E/5817 2,491,350 1,813,900 135,490 1,949,390 70

7E/5818 2,044,040 1,610,200 86,768 1,696,968 71

7E/5819 2,871,200 1,865,352 201,170 2,066,522 65

7E/5820 1,686,600 1,167,525 103,815 1,271,340 66

7E/5821 4,019,260 2,802,960 243,260 3,046,220

Cash to CB - 6,138,422

27,802,920 27,802,920

October-2013 Summary

October-2013 Summary