2004

946

885

884

LEAO, JOY MARIE S.

7707 Gamao Subd., Phase 4, Bgry. San Francisco, Panabo City

12

12

1981

8112

GENERAL MDSE. - Cell Phone & Accessories

X
X

0.00
20,000.00
20,000.00
(20,000.00)
2,414,681.35
1,579,012.15
835,669.20
0.00
835,669.20
520,707.75
314,961.45
20,000.00
294,961.45
294,961.45
63,488.40
63,488.40
53,327.90

0.00
0.00
53,327.90
10,160.50
0.00
0.00
0.00
0.00
10,160.50
10,160.50

JIMMIE TESTADO BUILDERS CONTRACTOR

Jimmie O. Testado - Prop.
Corner Rd. 3 Main Road, Doa Vicenta Vill., Bajada, Davao City
STATEMENT OF FINANCIAL CONDITION
As of December 31, 2015

ASSETS
Current Assets:
Cash on hand and in Bank

177,102.27

Accounts Receivables

95,700.00

Non-Current Assets:
Service Vehicle

272,802.27
380,500.00

Office Equipment

95,300.00

Office Furniture

50,000.00

Total

525,800.00

Less - Accum. Dep'n.

153,000.00

TOTAL ASSETS

372,800.00
645,602.27

LIABILITIES & NETWORTH

Current Liabilities:
Accounts Payables

12,700.20

Income Tax Payable

3,150.00

Total Current Liabilities

15,850.20

Networth
Jimmie O. Testado, Capital Beg.
Add - Net Income
TOTAL
Less - Drawings
TOTAL LIABILITIES & NETWORTH

609,068.72
81,183.35
690,252.07
60,500.00

629,752.07
645,602.27

CERTIFIED CORRECT:
JIMMIE D. TESTADO
Prorietor

JIMMIE D. TESTADO
net income -2015
Dep
inc in pledge Rec

AR

inc in inv
dec in accrued tpayaa
ap
inc. in checks
Incin Equip vat pay
inc., in bank dep
income tax Pay
DRAWINGS
cash inflow
Cash Beg
Cash Bal End

81,183.35
76,500.00
-5350

de
in

-2580.3
1,898.97
-60500
91,152.02
85,950.25
177,102.27

de
de

3150

2011
2,300,213.70
5,250.65

2010

bank

###

hand

2,305,464.35

3,851,758.90

###

#REF!

10,198.00

2,580.00

10,198.00

2,580.00

#REF!

607,655.10

Err:509

0.00

0.00

85,958.90

#REF!

693,614.00

82,472.00

70,500.00

#REF!

#REF!

###

Err:509
Err:509

1,898.97

-473,207.97
150,350.00
2166.72
6,663.51
-50,000.00
-92,350.00
Err:509
885,580.80
Err:509

64,200.00

1,268.79
1,545.65
2,814.44 vat

JIMMIE TESTADO BUILDERS CONTRACTOR

Jimmie O. Testado - Prop.
Corner Rd. 3 Main Road, Doa Vicenta Vill., Bajada, Davao City

STATEMENT OF CASH FLOW

For 9-month period ended September 25, 2014

Cash Flows from Operating Activities

Net Income (Loss)

860,334.75

Adjustment to Reconcile Net Income to Net Cash

Provided by Operating Activities:
Depreciation

126,667.00

Changes in working capital:

Decrease (increase) in:
Accounts Receivables

488,242.60

Increase (decrease) in:

Accounts Payable
Net Cash provided by (Used in) Operating Activities

450,185.00
1,925,429.35

Cash Flows from Investing Activities

Acquisition of Machineries

0.00

Acquisition of Office Equipment

0.00

Net Cash provided by (Used in) Investing Activities

0.00

Cash Flows from Financing Activities

Proceeds of Bank Loan

0.00

Jimmie O. Testado, Drawings

0.00

Net Cash provided by (used in) financing activities

0.00

Net Increase (Decrease) in Cash

Cash Balance Beginning of the Year
Cash Balance End of the Year
( See Accompanying Notes to Financial Statements)

1,925,429.35
380,035.00
2,305,464.35

JOSIE LYN B. MAGAYON

2,300,213.70 b
5,250.65 on hand
2,305,464.35
-

JIMMIE TESTADO BUILDERS CONTRACTOR

Jimmie O. Testado - Prop.
Corner Rd. 3 Main Road, Doa Vicenta Vill., Bajada, Davao City

STATEMENT OF INCOME
For the year ended December 31, 2015

Gross Income:
Income as service contractor engaged
in processing of bldg. permits & Licenses

360,000.00

Rental Income

200,000.00

Total Gross Income

560,000.00

Less - Cost & Expenses:

Salaries & allowances

150,300.00

Light & Water

72,004.50

Communication Expense

42,750.65

Taxes & Licenses

Fuel, Oil and Lubricants

5,527.00
102,000.90

Depreciation Expense

76,500.00

Office Suplies

11,083.10

Miscellaneous Expenses

15,500.50

Income before Income Tax

Less - Income Tax
Net Income after Tax

475,666.65
84,333.35
3,150.00
81,183.35

CERTIFIED CORRECT:
JIMMIE D. TESTADO
Prorietor

lui 11
n

qtr
TD
td

Lui, kim 12
ti
per

Sales
###
516,755.35
132,392.85
327,370.53
###

wt

gerry chua

###
###
###
###
###
###
H. Lu
###
###
###
##
###

MELVIN V. AUSTRIACO

withheld
tax due

dep

total ex

Shop Tools & Equipment

Shop Building
Service car
computer
Office Equipment

###
###
###
###
###
###

2011
-

###

###

2010
-1,675,392.42

1,130,684.11

312,000.00
#REF!
240,000.00

180750

175,500.00

#REF!

#REF!

160,250.00

(84,333.35)
560,000.00
#DIV/0!

10
#REF!
-

nit

3,150.00
2,500.00
650.00
ibt
Ex
ti

0.15
30,000.00
4,333.33
34,333.33
50,000.00
84,333.33

140,607.00
#REF!

179,841.30 ti

#REF!

146,523.75

#REF!

3,606.75 ..
10,198.00
13,804.75
8,500.00
5,304.75
13,804.75

70,000.00
26,523.75
96,523.75
50,000.00
146,523.75

ex
20.00
Lui, kim 12
m

179,841.30
(50,000.00)
129,841.30
70,000.00
59,841.30

qtr
td

Office Equipt
Furnture & Fixture
Pur
986,770.08 .
488,976.00 .
103,012.83 .
254,611.84 .
1,833,370.75

0.2

8,500.00
11,968.26

20,468.26
#REF!
#REF!

25,750.00
20,180.00
Licenses
10,219.91
18,986.73
29,206.64

70,000.00
2,008.55
72,008.55

56,666.67
2,008.55
401.71

35,000.00
107,008.55

Qtr Tax
179.89
2,500.00
2,575.00
5,254.89
2,773.70
2,130.00
10,158.59
8,500.00
1,658.59
10,158.59
32,000.00
50,000.00
82,000.00
2
41000
2

16,000.00

70,000.00
8,292.95
78,292.95
74,000.00
152,292.95

50,000.00
66,000.00
2.00
33,000.00
74,000.00

100000
150000
100000
350000

1,000,000
100000

#REF!

32000
50000
82000
2
41000

24000
75000
99000
49500

32000
24000
56000
BELVIZ

32000
32000
QTR TAX

56000
32000
88000

525
364.5
180
315
1384.5
2130
3514.5
2500
1014.5
3514.5

544,708.31

#REF!
#REF!

#REF!

0.4817511

#REF!

10,198.44
6,591.69

2.6
#REF!

200000

90500

30,000.00
6763.3
36,763.30
88,000.00
124,763.30