Airfreight 2100, Inc.

Statement of Comprehensive Income

SAP Account
Code Name
410025 Other Processing Fees
EXPORT LPC REVENUE
410022 Processing Revenues-Imports
410057 Service Income
CLEARANCE REVENUE
410051 Airfreight Revenue (DTD)

410052 Seafreight Revenue

410053 Warehouse Revenue

410054 Trucking Revenue

410056 Other Domestic Revenue

410059 Airfreight Revenue-PIASI

410060 Airfreight Revenue-HO Mail & More

DOMESTIC REVENUE
410016 TNT Revenue - Corporate Accounts

TNT REVENUE
410007 Warehouse-Pentax
410020 Other IP Revenue
410061 Airfreight Revenue (DTD) -US Embassy
OTHER REVENUE
TOTAL REVENUE

510901 Cost of Service - WSC Accounts

510902 Cost of Service - Corporate Accounts
510903 Cost of Service - Mail&More Accounts
510904 Cost of Service - Franchisee Accounts
510905 Cost of Services-PIASI EMBASSY
510906 Cost of Services-MAIL & MORE accts
COST OF SERVICES
510001 Courier Trucking Cost
510002 Courier Delivery Cost-Motorcycle Direct
510003 Courier Delivery Cost-Van Contractual
510004 Courier Delivery Cost-Motorcycle Contractual
510005 Courier Delivery Cost-Van Deferred
510006 Courier Delivery Cost- Direct Payroll
510101 Courier Trucking Fuel Cost
510102 Courier Trucking Fuel Motorcycle Fleetcard
510103 Courier Trucking Fuel Van Direct Payroll
510104 Courier Trucking Fuel Motorcycle Direct Payroll
510201 Agent'S Handling Cost
510202 Agent'S Handling Cost-Reimbursable
510401 Customs Form
510402 Local Processing Cost-Export
510403 Local Processing Cost-Import
510501 Ground Handling Charges
510701 Airline Freight Cost
510702 Shipping/Linehaul Cost
510703 Trucking Linehaul Cost
510704 Warehouse Cost
510709 Airline Freight Cost - Reimbursable
510710 Shipping Linehaul Cost - Reimbursable
510706 Trucking Linehaul Cost-Per Trip/Billiable
510707 Trucking Linehaul Cost-Special Projects
510708 Trucking/Linehaul Cost - Reimbursable
510799 Direct-Other Operating Overhead Costs
FREIGHT HANDLING AND PROCESSING
510301 Direct Salaries
510302 Direct Shift Differential
510303 Direct Overtime Pay
510304 Direct 13Th Month Pay
510305 Direct Vl/Sl Monetization
510306 Direct Employee Reimbursement
510307 Direct Meal Allowance
510324 Direct Meal Allow-PY
510308 Direct-Other Labor Costs
510310 Direct-Bonuses
510311 Direct Employee Incentives
510312 Direct Uniforms & Safety Gadgets
510313 Direct Hospital & Medical Benefits
510314 Direct Hospitalization Insurance
510315 Direct Gratuity/Separation Pay
510317 Direct Other Employee Benefits
510321 Direct SSS Premiums
510322 Direct Philhealth Premiums
510323 Direct HDMF (Pag-Ibig) Premiums
510316 Direct Retirement Benefit Costs
PERSONNEL
510801 CTV Trucking Charges/DIRECT MAM COMMISSION
COMMISSION
510601 CTV Trucking Charges
CTV TRUCKING CHARGES
510351 Direct Facility Rental
510806 Direct Facility Rental-Management WH
510807 Direct Facility Rental-Special Projects
510352 Direct Equipment Rental
RENT
510391 Direct Cost-Depn Exp: Leasehold Improvements
510392 Direct Cost-Depn Exp: Operations Equipment
510393 Direct Cost-Depn Exp: Furniture & Fixtures
510394 Direct Cost-Depn Exp: Office Equipment
510395 Direct Cost-Depn Exp: PBA Equipment
510396 Direct Cost-Depn Exp: Computer Equipment
510397 Direct Cost-Depn Exp: Motor Vehicles
510398 Direct Cost-Depn Exp: Warehousing Equipment
510399 Amortization - Other Asset Software License
510406 Direct Cost-Depn Exp: Building
510400 Direct Cost-Depn Exp: Low Value Assets
 DEPRECIATION
510326 Direct Telephone & Fax
510327 Direct Cellphone
510943 Direct Telephone & Fax - Reimbursable
510944 Direct Leased Line & Internet - Reimbursable
510328 Direct Leased Line & Internet
510948 Direct Electricity- Reimbursable
510361 Direct Electricity
UTILITIES
510366 Direct Office Supplies
510367 Direct Xerox/Reproduction Cost
510949 Direct Xerox/ Reproduction - Reimbursable
510368 Direct Office,Admin&FinancialForms
510369 Direct Computer Supplies
510370 Direct Other Supplies Expense
SUPPLIES
510329 Direct other Communication expense
510332 Contractual Personnel
510333 Recruiting Expenses
510334 Awards & Recognition
510335 Christmas & Anniversary Expenses
510336 Other Personnel Expenses
510945 Direct Outside Training/Symposium
510946 Direct In-House Training
510341 Direct Rep&Maint-Leasehold Improvements
510342 Direct Rep&Maint- Operations Equipment
510343 Direct Rep&Maint-Furniture & Fixtures
510344 Direct Rep&Maint-Office Equipment
510346 Direct Rep&Maint-Computer Equipment
510347 Direct Rep&Maint-Motor Vehicles
510348 Direct Rep&Maint-Warehousing Equipment
510349 Direct Rep&Maint-Others
510353 Planning Sessions
510354 Staff Meetings
510355 Client Meetings
510356 Direct Security Services
510947 Direct Security Services- Investigation
510357 Direct Janitorial Services
510358 Direct Other Purchased Services
510362 Direct Water
510363 Direct Other Utilities Expense
510372 Direct Insurance-Motor Vehicles
510374 Direct Insurance-Operations Equipment
510375 Direct Insurance-Others
510376 Direct Transportation - Fuel
510950 Direct Transportation - Fuel - Reimbursable
510377 Direct Shuttle Services
510378 Direct Fare & Toll Fees
510379 Direct Food & Lodging
510380 Direct Representation & Entertainment
510381 Direct Money Back Guarantee
510382 Direct Damaged & Lost
510383 Direct Claims & Disputes
510384 Direct Claims & Disputes
510386 Direct Municipal Permits & Licenses
510387 Direct Registration-Vehicle
510388 Direct Documentary-Stamps
 510389 Direct Other Taxes & Licenses
510507 Direct Penalties
510390 Direct Software Development Expenses
510404 Customs Attendance F
510405 Customs Meal/Transpo
510371 Insurance - Computer
510373 Insurance - Bonds
510705 Messengerial Charges
510999 Direct-Other Operating Overhead Costs
510427 Direct Janitorial Supplies
510309 Operating supplies
611851 Royalty Expenses
OVERHEAD COSTS AND OTHERS
TOTAL DIRECT COSTS
GROSS PROFIT

610201 Premiums & Novelties

610202 Print, Radio, & TV Ads
610203 Other Ads & Promo
610204 Posters, Billboards & Signages
612102 Ads-Non-Promo
612103 Donations&Contributions
612104 Sponsorships
612108 Sponsorships - Sport
612105 Sponsorships- Tour Filipinas
ADVERTISING
611401 Security Services
611202 Contractual Personnel
611402 Janitorial Services
611403 Other Purchased Services
611551 Audit Fee
611552 Legal Fee
611558 Legal Fee - Reimbursable
611553 Management Fee
611554 Consultancy Fee
611555 Other Professional Fees
611556 Other Professional Fees
OUTSIDE SERVICES
611001 Salaries & Wages
611002 Overtime Pay
611003 Shift Differential
611004 13Th Month Pay
611005 VL/SL Monetization
611006 Allowances
611007 Meal Subsidy
611009 Meal Subsidy- Payroll
611008 Bonuses-General & administration
611051 Employee Incentives
611052 Uniform & Safety Gadgets
611053 Hospital & Medical Benefits
611054 Hospitalization Insurance
611055 Gratuity/Separation Pay
611056 Retirement Benefit Costs
611057 Other employee benefits
611101 SSS Premiums
611102 Philhealth Premiums
611103 HDMF (Pag-Ibig) Premiums
 PERSONNEL
611251 Telephone & Fax
611252 Cellphone
611253 Leased Line & Internet
611257 Other Communication Expenses
611451 Electricity
611452 Water
611453 Other Utilities Expense
UTILITIES
625001 Depn Exp: Leasehold Improvements
625002 Depn Exp: Operations Equipment
625003 Depn Exp: Furniture & Fixtures
625004 Depn Exp: Office Equipment
625005 Depn Exp: PBA Equipment
625006 Depn Exp: Computer Equipment
625007 Depn Exp: Motor Vehicles
625008 Depn Exp: Warehousing Equipment
625011 Depn Exp: Low Value Assets
625010 Amortization - Other Asset Software License
625012 AmortExp:Soft.Dev't
DEPRECIATION
611701 Shuttle Services
611702 Transportation - Fuel
611751 Fare & Toll Fees
611752 Food & Lodging
TRANSPORTATION AND TRAVEL
611301 Rep&Maint-Leasehold Improvements
611302 Rep&Maint- Operations Equipment
611303 Rep&Maint-Furniture & Fixtures
611304 Rep&Maint-Office Equipment
611306 Rep&Maint-Computer Equipment
611307 Rep&Maint-Motor Vehicles
611308 Rep&Maint-Warehousing Equipment
611309 Rep&Maint-Others
REPAIRS AND MAINTENANCE
611601 Doubtful Account Expense
PROVISION FOR DOUBTFUL ACCOUNTS
510331 Sports & Recreation
612106 Pr Expenses-Others
612101 Representation & Entertainment
REPRESENTATION AND ENTERTAINMENT
611351 Facility and Space Rental
611703 Eqpt Rental
611704 Vehicle Rental
RENT
611901 Municipal Permits & Licenses
611902 Registration-Vehicle
611903 Documentary-Stamps
611907 Chattel Mortgage Fee
611904 Other Taxes & Licenses
TAXES AND LICENSES
610101 Commissions And Incentives
COMMISSION
611501 Office Supplies
611502 Xerox/Reproduction Cost
611503 Office,Admin&FinancialForms
611504 Computer Supplies
 611505 Other Supplies Expense
SUPPLIES
611802 Damaged & Lost
611803 Claims & Disputes
690001 Bank Charges
BANK CHARGES
611201 Sports & Recreation
611204 Awards & Recognition
611205 Christmas & Anniversary Expenses
RECREATION EXPENSE
611651 Insurance-Computer
611652 Insurance-Motor Vehicles
611653 Insurance-Bonds(Officers Hosp)
611654 Insurance-Operations Equipment
611655 Insurance-Others
INSURANCE EXPENSE
611151 Outside Training/Symposium
611152 In-House Training
611203 Recruiting Expenses
611206 Other Personnel Expenses
611801 Money Back Guarantee
611951 Software Development Expenses
611952 Business Research Logistics for Cnvntn & Confrncs
612001 Dues-Sports/Civic/Prof Orgs
612002 Other Dues & Subscriptions
612051 Planning Sessions
612052 Staff Meetings
612053 Client Meetings
625099 Non-Capitalizable Assets
624999 Misc and Other GenAdmin Expenses
690003 Penalty Fees
690004 Miscellaneous Expenses
OTHERS
GENERAL AND ADMINISTRATIVE EXPENSES
OPERATING (INCOME) LOSS FROM OPERATIONS

690002 Interest Expenses

SGV2015-1 Interest expense from retirement benefits
INTEREST EXPENSE
420001 Interest Income
INTEREST INCOME
420013 Realized Forex (Gain) Loss
420014 Unrealized Forex (Gain) Loss
FOREIGN EXCHANGE (GAIN) LOSS
SGV2014-2 Retirement income
Retirement income
420999 Other Income
AF2017F Write off of receivables
420004 Gain/Loss from Sale/Disposal of FA
420996 Gain on incrs of FV
420998 Equity in NI of Subs
420997 Loss on write-off
SGV2017B Accretion Income
SGV 6 Gain from sale of PBA franchise
SGV 2 Adjustments PPE (Other Income)
SGV 4 Loss (Gain) on increase of fair value
SGV 5 Income / expense from standard input vat
 OTHERS
TOTAL OTHER (INCOME) CHARGES
INCOME BEFORE INCOME TAXES

Provison for Income tax

690005 Provison for Income tax - Current
690006 Provison for Income tax - Deferred
TOTAL PROVISION FOR INCOME TAX
NET (INCOME)/LOSS

Other comprehensive income - net of tax

AF21007 OCI from retirement benefits liability
Other Comprehensive income

TOTAL COMPREHENSIVE INCOME