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  • Id 2016 Trading Acct

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    Michael Farnell
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    This document is the trading account for ID Athletic Pty Ltd for the fiscal year ending June 30, 2016. It shows an increase in total trading income from $1,104,237.52 in 2015 to $1,590,895.77 in 2016, along with an increase in gross profit from trading from $368,454.71 to $733,837.47 over the same period. Cost of sales increased from $735,782.81 in 2015 to $857,058.30 in 2016.

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    ID Athletic 2015-16 Financials

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    This document is the trading account for ID Athletic Pty Ltd for the fiscal year ending June 30, 2016. It shows an increase in total trading income from $1,104,237.52 in 2015 to $1,590,895.77 in 2016, along with an increase in gross profit from trading from $368,454.71 to $733,837.47 over the same period. Cost of sales increased from $735,782.81 in 2015 to $857,058.30 in 2016.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    17 views1 page

    Id 2016 Trading Acct

    Uploaded by

    Michael Farnell
    This document is the trading account for ID Athletic Pty Ltd for the fiscal year ending June 30, 2016. It shows an increase in total trading income from $1,104,237.52 in 2015 to $1,590,895.77 in 2016, along with an increase in gross profit from trading from $368,454.71 to $733,837.47 over the same period. Cost of sales increased from $735,782.81 in 2015 to $857,058.30 in 2016.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    ID ATHLETIC PTY LTD

    Trading Account
    For the year ended 30 June 2016

    2016 2015
    $ $

    Trading Income
    Sales - Stock Clothing 382,375.22 273,373.11
    Sales - Custom Clothing 862,788.69 610,448.89
    Sales - Promotional Items 295,503.40 194,253.71
    Signage - LED & Other 50,228.46 26,161.81
    Total Trading Income 1,590,895.77 1,104,237.52

    Cost of Sales

    Add:

    Purchases - Stock Clothing Aust 264,861.83 206,439.23


    Purchases - Custom Clothing Intl 363,331.44 396,780.08
    Purchases - Promotional Items 164,510.46 81,867.76
    Purchases - Signage 9,734.00 4,799.09
    Customs Duty / Import Fees 4,614.74 4,538.74
    Freight 46,260.66 30,053.15
    Shrinkage, Samples & Spoilage 1,165.17 11,304.76
    Packaging 2,580.00
    857,058.30 735,782.81

    Cost of Sales 857,058.30 735,782.81

    Gross Profit from Trading 733,837.47 368,454.71

    These financial statements are unaudited. They must be read in conjunction with the attached Accountant's
    Compilation Report and Notes which form part of these financial statements.

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