A&G

Innovation
Transportation
Service
Business Plan
NAME: MR.QUINCY GILKES

ADDRESS: 5193 CENTRAL AMELIA’S WARD

CONTACT: 592-612-8717

June 2020 Confidential Information

 Confidentiality Agreement

The undersigned reader acknowledges that the information provided by A & G Innovation Transportation

Service in this business plan is confidential; therefore, reader agrees not to disclose it without the express

written permission of A & G Innovation Transportation Service

It is acknowledged by reader that information to be furnished in this business plan is in all respects

confidential in nature, other than information which is in the public domain through other means and that

any disclosure or use of same by reader may cause serious harm or damage to A & G Innovation

Transportation Service

Upon request, this document is to be immediately returned to A & G Innovation Transportation Service

___________________

Signature

___________________

Name (typed or printed)

___________________

Date

This is a business plan. It does not imply an offering of securities.

June 2020 Confidential Information

Executive Summary

A & G Innovation Transportation Service is a standard and registered aggregate transportation

trucking service that will be based in central Amelia’s ward. We will provide essential services to the

members of the Linden community. We transport large quantities of construction materials machines,

equipment, dirt, sand, rocks, stones and gravel and building materials. These items are typically used

for construction sites. A & G Innovation Transportation Service is a registered business and has been

able to secure all the relevant license and permits to operate. We will ensure that we abide by the rules

and regulations of this industry. Our entity will only hire experience and qualified drivers with valid

driver’s license. A & G Innovation Transportation Service clients’ overall best interest would always

come first and everything we do will be guided by our values and professional ethics. We will ensure

that we put standards structures and processes in place that will enable us to meet and surpass our

business goals and also stay highly competitive in the industry. Customers and potential customers

can be rest assured they will get quality services at competitive rates when use our entity. We will go

the extra mile to ensure the safety of goods under our care and our customers get value for their money.

Our overall business goal is to position A & G Innovation Transportation Service, to become one of

the leading aggregate trucking service brand in region 10 within (5) five years. A & G Innovation

Transportation Service is a partnership between Mr. Gilkes and Mr. Agard. Mr. Gilkes is a highly

skilled and qualified mechanic who was previously employed with troy resources. A & G Innovation

Transportation Service solid business model is forecasted to reach profitability by the end of the first

year. A & G Innovation Transportation Service will achieve market penetration by remaining laser

focused on their market niche, while fully utilizing their strong management and personnel. . A & G

Page 1
 Innovation Transportation Service is requesting a loan of $1,500,000 to purchase a Cylinder, Pump

and Cap control. This will allow the existing truck to carry aggregates.

Objectives

A & G Innovation Transportation Service objectives from the first three years of operation include:

 To create a service-based company who’s #1 ambition is to continually exceed the customer's

expectations.

 To increase our number of served clients by 54% per year through superior performance and word

of mouth referrals.

 To develop a sustainable, profitable, start-up business.

Mission

Our Vision is to become one of the preferred choices of players in the construction industry and other

relevant industry when it comes to the demand for Aggregates trucking services in Region # 10

Keys to Success

Keys to success for the company will include:

1. Maintaining a reputable and untarnished reputation in the industry.

2. Quality care to the company's customers.

3. Competitive pricing.

4. On time delivery of Aggregates

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Company Summary

A & G Innovation Transportation Service is an aggregate and small equipment transportation trucking

service that services contractors in the Region 10. The owner, Mr. Gilkes has over (2) two years

extensive experience in the aggregate transport industry. In addition, Mr. Gilkes has over (10) ten

years’ experience as a skilled and qualified mechanic. This is a strategic advance, this will lead reduce

cost of maintenance and repairs. This business was registered in December of 2019. A & G Innovation

Transportation Service will offer its customers the highest level of service.

Company Ownership

The company, A & G Innovation Transportation Service, is a Limited Liability Partnership owned by

Mr. Quincy Gilkes and his partner Mr. Damion Agard. The business was registered in December

2019.

Services

A & G Innovation Transportation Service is an entity that looks forward to deliver excellent services in

terms of helping our customers move goods and small equipment from one destination to another

destination. We want to be known as the trucking company that truly cares for her customers.

Our intention of starting our Aggregate Trucking entity is to favorable compete in the industry and of

course to make profits from the industry.

 Local and long distance movement of construction materials, machines, equipment, dirt, rocks,

building materials, and sands et al

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  Small Heavy duty equipment movement

 Construction equipment movement

 Agricultural equipment movement

Market Analysis Summary

A & G Innovation Transportation Service is concentrating on the transportation of all aggregates

1. A & G Innovation Transportation Service has extensive industry knowledge and insight

regarding the transportation of small equipment and aggregate industry.

2. In the current economic climate, A & G Innovation Transportation Service stands to move

forward as a trusted organization and stand up against large firm amongst other competitors

3. There is plenty of space for a new independent Aggregate transportation company. A & G

Innovation Transportation Service extensive knowledge of both the Small Equipment and

Aggregates transportation and can provide valuable insights that can add significant value to A

& G Innovation Transportation Service customers.

Target Market Segment Strategy

A & G Innovation Transportation Service will form intimate relationships with its customers

(Local Contractors) because this relationship will provide A & G Innovation Transportation Service

with special insight, which will allow the company to meet any need a customer might have.

A & G Innovation Transportation Service will develop close relationships to the limited number of

other quarries and local sand pits that are equipped to supply customers with high quality aggregates.

Page 4
SWOT ANALYSIS

A & G Innovation Transportation Service knows that if a proper SWOT analysis is conducted for our

business, we will be able to position our business to maximize our strength, leverage on the

opportunities that will be available to us, mitigate our risks and be well – equipped to confront our

threats.

 Strength:

Our strength are highly qualified and experienced management team, robust operations, direct access to

all sand pit and suppliers of aggregates, our aggregates truck transportation network all local contractors

and government agencies.

 Weakness:

Our weakness could be lack of finance, high debt burden, cost structure, lack of scale compared to our

competitor who have already gained ground in the aggregate trucking industry.

 Opportunities:

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The opportunities that are available to us as a aggregate trucking company operating both in Region 10

and Region 4. With online marketing, new services, new technology, and of course the opening of new

markets within our target locations.

 Threat:

Some of the threats that we are likely going to face are mature markets, bad economy (economy

downturn), stiff competition, volatile costs, and rising fuel prices. Basically, just like any other business,

one of the major threats that we are likely going to face is economic downturn. It is a fact that economic

downturn affects purchasing / spending power

Competitive Edge

A & G Innovation Transportation Service seeks to establish a competitive edge in its new target

market segment by increasing the level of customer contact and service that other competitors seem

to oftentimes lack. Additionally, A & G Innovation Transportation Service possesses the necessary

skills to produce the high quality service that is needed in this field.

This specialized knowledge, coupled with an insatiate need to exceed customer's expectations will

give A & G Innovation Transportation Service the competitive advantage to succeed in this industry.

A & G Innovation Transportation Service has made it their mission to provide the finest customer

service possible. This makes good business sense, particularly in this industry where so much of the

business is repeat business.

Marketing Strategy

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A & G Innovation Transportation Service markets its services as solutions to the many contractors

requiring Aggregates to be transported promptly and efficiently to their construction site. The

company's future marketing plans will be nationwide, emphasizing haulage capabilities for any small

equipment to interior locations. The overall marketing plan for services is based on the following

fundamentals:

 The segment of the market(s) planned to reach.

 Distribution channels planned to reach market segments: television, radio, sales associates, and

mailings.

Page 7
 A & G Innovation Transportation Service
Sales Projections - 12 Months Forecast

2020
Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 TOTAL
Loads
Number of Loads 83 87 92 89 88 94 96 95 90 89 89 85 1077
Cost per Loads $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000
Total $830,000$0 $870,000$0 $920,0$000 $890,000$0 $880,000$0 $940,000$0 $960,000$0 $950,000$0 $900,000$0 $890,000$0 $890,000$0 $850,000$0 $10,770,0$000
TOTAL $830,000 $870,000 $920,000 $890,000 $880,000 $940,000 $960,000 $950,000 $900,000 $890,000 $890,000 $850,000 $10,770,000

Page 1
 A & G Innovation Transportation Service
Cash Flow - 12 Months Forecast

Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 TOTAL
Beginning Cash Balance $0 $349,000 $772,000 $1,264,000 $1,676,000 $2,109,000 $2,618,000 $3,150,000 $3,653,000 $4,125,000 $4,587,000 $5,030,000
Cash Inflows
Income from Loads $ 830,000 $ 870,000 $ 920,000 $ 890,000 $ 880,000 $ 940,000 $ 960,000 $ 950,000 $ 900,000 $ 890,000 $ 890,000 $ 850,000 $10,770,000
Loan proceeds $1,500,000 0 0 0 0 0 0 0 0 0 0 0 $ 1,500,000
Total Cash Inflows $2,330,000 $870,000 $920,000 $890,000 $880,000 $940,000 $960,000 $950,000 $900,000 $890,000 $890,000 $850,000 $12,270,000

Cash Outflows
Operations
Dump & Pump Cap Control $1,500,000 $1,500,000
Fuel $192,000 $192,000 $192,000 $192,000 $192,000 $192,000 $192,000 $192,000 $192,000 $192,000 $192,000 $192,000 $2,304,000
Driver $168,000 $168,000 $168,000 $168,000 $168,000 $168,000 $168,000 $168,000 $168,000 $168,000 $168,000 $168,000 $2,016,000
Fitness $3,000 $3,000 $6,000
Road Service $45,000 $45,000
Insurance $50,000 $50,000
Service Kit $19,000 $19,000 $19,000 $19,000 $76,000
Total Operations $1,908,000 $379,000 $360,000 $410,000 $379,000 $363,000 $360,000 $379,000 $360,000 $360,000 $379,000 $360,000 $4,497,000

Finance & Administration

Repayment of loan $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $816,000
Business Registration
Professional fees $5,0000 0 0 0 0 0 0 0 0 0 0 0 $5,000
$0
Total Finance & Administration $73,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $821,000
Total Cash Outflows $1,981,000 $447,000 $428,000 $478,000 $447,000 $431,000 $428,000 $447,000 $428,000 $428,000 $447,000 $428,000 $5,318,000
Net Increase (Decrease) in Cash $349,000 $423,000 $492,000 $412,000 $433,000 $509,000 $532,000 $503,000 $472,000 $462,000 $443,000 $422,000

Page 1
 A & G Innovation Transportation Service
Income Statement Projections
For the Year Ending on 31 Dec 2020

2020
Revenue
Income from Loads $10,770,000

Expenses
Operations
Fuel $2,304,000
Driver $2,016,000
Fitness $6,000
Road Service $45,000
Insurance $50,000
Service Kit $76,000
Total Operations $4,497,000

Finance & Administration

Business Registration $5,000
Depreciation $12,120
Total Finance & Administration $17,120
Total Expenses $4,514,120
Operating Income - EBIT $6,255,880

Page 1
 A & G Innovation Transportation Service
Balance Sheet Projections
Fiscal Year End Date: 31/12/2020
2020

ASSETS

Current Assets
Cash
Short-term investments $76,0090
Total Current Assets $76,009

Fixed Assets
Assets (Trucks) $8,338,300
Less: Accumulated depreciation $181,800 $8,156,500
TOTAL ASSETS $8,232,509

LIABILITIES AND EQUITY

Current Liabilities
Accounts payable $54,720
Total Current Liabilities $54,720

Long-Term Liabilities
Long-term loan payable
Less: Short-term portion $00
Total Long-Term Liabilities $0
Total Liabilities $54,720

Stockholders' Equity
Investment capital $1,921,909
Current net profit (loss) $6,255,880
Total Capital $8,177,789

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $8,232,509

Page 1
 A & G Innovation Transportation Service
Sales Projections - 12 Months Forecast

2021
Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 TOTAL
Loads
Number of Loads 85 89 94 91 90 96 98 97 92 91 91 97 1111
Cost per Loads $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000
Total $850,000$0 $890,000$0 $940,0$000 $910,000$0 $900,000$0 $960,000$0 $980,000$0 $970,000$0 $920,000$0 $910,000$0 $910,000$0 $970,000$0 $11,110,0$000
TOTAL $850,000 $890,000 $940,000 $910,000 $900,000 $960,000 $980,000 $970,000 $920,000 $910,000 $910,000 $970,000 $11,110,000

Page 1
 A & G Innovation Transportation Service
Cash Flow - 12 Months Forecast

Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 TOTAL
Beginning Cash Balance $0 $363,000 $804,000 $1,316,000 $1,743,000 $2,194,000 $2,722,000 $3,274,000 $3,795,000 $4,287,000 $4,769,000 $5,230,000
Cash Inflows
Income from Loads $ 850,000 $ 890,000 $ 940,000 $ 910,000 $ 900,000 $ 960,000 $ 980,000 $ 970,000 $ 920,000 $ 910,000 $ 910,000 $ 970,000 $11,110,000
Total Cash Inflows $850,000 $890,000 $940,000 $910,000 $900,000 $960,000 $980,000 $970,000 $920,000 $910,000 $910,000 $970,000 $11,110,000

Cash Outflows
Operations
Fuel $192,000 $192,000 $192,000 $192,000 $192,000 $192,000 $192,000 $192,000 $192,000 $192,000 $192,000 $192,000 $2,304,000
Driver $168,000 $168,000 $168,000 $168,000 $168,000 $168,000 $168,000 $168,000 $168,000 $168,000 $168,000 $168,000 $2,016,000
Fitness $4,000 $4,000 $8,000
Road Service $50,000 $50,000
Insurance $55,000 $55,000
Service Kit $21,000 $21,000 $21,000 $21,000 $84,000
Total Operations $414,000 $381,000 $360,000 $415,000 $381,000 $364,000 $360,000 $381,000 $360,000 $360,000 $381,000 $360,000 $4,517,000

Finance & Administration

Repayment of loan $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $816,000
Business Registration
Professional fees $5,0000 0 0 0 0 0 0 0 0 0 0 0 $5,000
$0
Total Finance & Administration $73,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $68,000 $821,000
Total Cash Outflows $487,000 $449,000 $428,000 $483,000 $449,000 $432,000 $428,000 $449,000 $428,000 $428,000 $449,000 $428,000 $5,338,000
Net Increase (Decrease) in Cash $363,000 $441,000 $512,000 $427,000 $451,000 $528,000 $552,000 $521,000 $492,000 $482,000 $461,000 $542,000

Page 1
 A & G Innovation Transportation Service
Income Statement Projections
For the Year Ending on 31 Dec 2021

2021
Revenue
Income from Loads $11,110,000
Expenses
Operations
Fuel $2,304,000
Driver $2,016,000
Fitness $8,000
Road Service $50,000
Insurance $55,000
Service Kit $84,000
Total Operations $4,517,000
Finance & Administration
Business Registration $5,000
Depreciation $12,120
Total Finance & Administration $17,120
Total Expenses $4,534,120
Operating Income - EBIT $6,575,880

Page 1
 A & G Innovation Transportation Service
Balance Sheet Projections
Fiscal Year End Date: 31/12/2021
2021

ASSETS

Current Assets
Cash
Short-term investments $89,7300
Total Current Assets $89,730

Fixed Assets
Assets (Trucks) $8,338,300
Less: Accumulated depreciation $193,920 $8,144,380
TOTAL ASSETS $8,234,110

LIABILITIES AND EQUITY

Current Liabilities
Accounts payable $76,870
Total Current Liabilities $76,870

Long-Term Liabilities
Long-term
Less: loan payable
Short-term portion $00
Total Long-Term Liabilities $0
Total Liabilities $76,870

Stockholders' Equity
Investment capital $1,581,360
Current net profit (loss) $6,575,880
Total Capital $8,157,240

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $8,234,110

Page 1
 A & G Innovation Transportation Service
Sales Projections - 12 Months Forecast

2022
Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 TOTAL
Loads
Number of Loads 86 90 95 92 91 97 99 98 93 92 92 98 1123
Cost per Loads $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000
Total $860,000$0 $900,000$0 $950,000$0 $920,000$0 $910,000$0 $970,000$0 $990,000$0 $980,000$0 $930,000$0 $920,000$0 $920,000$0 $980,000$0 $11,230,000$0
TOTAL $860,000 $900,000 $950,000 $920,000 $910,000 $970,000 $990,000 $980,000 $930,000 $920,000 $920,000 $980,000 $11,230,000

Page 1
 A & G Innovation Transportation Service
Cash Flow - 12 Months Forecast

Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 TOTAL
Beginning Cash Balance $0 $381,000 $840,000 $1,370,000 $1,815,000 $2,284,000 $2,830,000 $3,400,000 $3,939,000 $4,449,000 $4,949,000 $5,428,000
Cash Inflows
Income from Loads $ 860,000 $ 900,000 $ 950,000 $ 920,000 $ 910,000 $ 970,000 $ 990,000 $ 980,000 $ 930,000 $ 920,000 $ 920,000 $ 980,000 $11,230,000
Total Cash Inflows $860,000 $900,000 $950,000 $920,000 $910,000 $970,000 $990,000 $980,000 $930,000 $920,000 $920,000 $980,000 $11,230,000

Cash Outflows
Operations
Fuel $216,000 $216,000 $216,000 $216,000 $216,000 $216,000 $216,000 $216,000 $216,000 $216,000 $216,000 $216,000 $2,592,000
Driver $204,000 $204,000 $204,000 $204,000 $204,000 $204,000 $204,000 $204,000 $204,000 $204,000 $204,000 $204,000 $2,448,000
Fitness $4,000 $4,000 $8,000
Road Service $50,000 $50,000
Insurance $55,000 $55,000
Service Kit $21,000 $21,000 $21,000 $21,000 $84,000
Total Operations $474,000 $441,000 $420,000 $475,000 $441,000 $424,000 $420,000 $441,000 $420,000 $420,000 $441,000 $420,000 $5,237,000

Finance & Administration

Business Registration
Professional fees $5,0000 0 0 0 0 0 0 0 0 0 0 0 $5,000
$0
Total Finance & Administration $5,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $5,000
Total Cash Outflows $479,000 $441,000 $420,000 $475,000 $441,000 $424,000 $420,000 $441,000 $420,000 $420,000 $441,000 $420,000 $5,242,000
Net Increase (Decrease) in Cash $381,000 $459,000 $530,000 $445,000 $469,000 $546,000 $570,000 $539,000 $510,000 $500,000 $479,000 $560,000

Page 1
 A & G Innovation Transportation Service
Income Statement Projections
For the Year Ending on 31 Dec 2022

2022
Revenue
Income from Loads $11,230,000
Expenses
Operations
Fuel $2,592,000
Driver $2,448,000
Fitness $8,000
Road Service $50,000
Insurance $55,000
Service Kit $84,000
Total Operations $5,237,000
Finance & Administration
Business Registration $5,000
Depreciation $12,120
Total Finance & Administration $17,120
Total Expenses $5,254,120
Operating Income - EBIT $5,975,880

Page 1
 A & G Innovation Transportation Service
Balance Sheet Projections
Fiscal Year End Date: 31/12/2022
2022

ASSETS

Current Assets
Cash
Short-term investments $89,730
97,700
Total Current Assets $187,430

Fixed Assets
Assets (Trucks) $8,338,300
Less: Accumulated depreciation $206,040 $8,132,260
TOTAL ASSETS $8,319,690

LIABILITIES AND EQUITY

Current Liabilities
Accounts payable $83,210
Total Current Liabilities $83,210

Long-Term Liabilities
Long-term
Less: loan payable
Short-term portion $00
Total Long-Term Liabilities $0
Total Liabilities $83,210

Stockholders' Equity
Investment capital $2,260,600
Current net profit (loss) $5,975,880
Total Capital $8,236,480

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $8,319,690

Page 1
 A & G Innovation Transportation Service
Sales Projections - 12 Months Forecast

2023
Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 TOTAL
Loads
Number of Loads 86 90 95 92 99 98 93 92 92 98 935
Cost per Loads $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000
Total $860,000$0 $900,000$0 $950,000$0 $920,000$0 $0 $0 $990,000$0 $980,000$0 $930,000$0 $920,000$0 $920,000$0 $980,000$0 $9,350,000$0
TOTAL $860,000 $900,000 $950,000 $920,000 $0 $0 $990,000 $980,000 $930,000 $920,000 $920,000 $980,000 $9,350,000

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 A & G Innovation Transportation Service
Cash Flow - 12 Months Forecast

Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 TOTAL
Beginning Cash Balance $0 $381,000 $840,000 $1,370,000 $1,815,000 $1,674,194 $1,501,112 $2,071,112 $2,606,112 $3,116,112 $3,616,112 $4,095,112
Cash Inflows
Income from Loads $ 860,000 $ 900,000 $ 950,000 $ 920,000 $ - $ - $ 990,000 $ 980,000 $ 930,000 $ 920,000 $ 920,000 $ 980,000 $9,350,000
Total Cash Inflows $860,000 $900,000 $950,000 $920,000 $0 $0 $990,000 $980,000 $930,000 $920,000 $920,000 $980,000 $9,350,000

Cash Outflows
Operations
Fuel $216,000 $216,000 $216,000 $216,000 $216,000 $216,000 $216,000 $216,000 $216,000 $216,000 $2,160,000
Driver $204,000 $204,000 $204,000 $204,000 $204,000 $204,000 $204,000 $204,000 $204,000 $204,000 $2,040,000
Fitness $4,000 $4,000 $8,000
Road Service $50,000 $50,000
Insurance $55,000 $55,000
Service Kit $21,000 $21,000 $21,000 $63,000
Repairs and Maintenance $140,806 $173,082 $313,888
Total Operations $474,000 $441,000 $420,000 $475,000 $140,806 $173,082 $420,000 $445,000 $420,000 $420,000 $441,000 $420,000 $4,689,888

Finance & Administration

Business Registration
Professional fees $5,0000 0 0 0 0 0 0 0 0 0 0 0 $5,000
$0
Total Finance & Administration $5,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $5,000
Total Cash Outflows $479,000 $441,000 $420,000 $475,000 $140,806 $173,082 $420,000 $445,000 $420,000 $420,000 $441,000 $420,000 $4,694,888
Net Increase (Decrease) in Cash $381,000 $459,000 $530,000 $445,000 -$140,806 -$173,082 $570,000 $535,000 $510,000 $500,000 $479,000 $560,000

Page 1
 A & G Innovation Transportation Service
Income Statement Projections
For the Year Ending on 31 Dec 2023

2023
Revenue
Income from Loads $9,350,000
Expenses
Operations
Fuel $2,160,000
Driver $2,040,000
Fitness $8,000
Road Service $50,000
Insurance $55,000
Service Kit $63,000
Repairs and Maintenance $313,888
Total Operations $4,689,888
Finance & Administration
Business Registration $5,000
Depreciation $12,120
Total Finance & Administration $17,120
Total Expenses $4,707,008
Operating Income - EBIT $4,642,992

Page 1
 A & G Innovation Transportation Service
Balance Sheet Projections
Fiscal Year End Date: 31/12/2023
2023

ASSETS

Current Assets
Cash
Short-term investments $92,450
97,700
Total Current Assets $190,150

Fixed Assets
Assets (Trucks) $8,338,300
Less: Accumulated depreciation $218,160 $8,120,140
TOTAL ASSETS $8,310,290

LIABILITIES AND EQUITY

Current Liabilities
Accounts payable $97,680
Total Current Liabilities $97,680

Long-Term Liabilities
Long-term loan payable
Less: Short-term portion $0
0
Total Long-Term Liabilities $0
Total Liabilities $97,680

Stockholders' Equity
Investment capital $3,569,618
Current net profit (loss) $4,642,992
Total Capital $8,212,610

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $8,310,290

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 A & G Innovation Transportation Service
Income Statement
For the Year Ending on 31 Dec 2019

2019
Revenue
Income from Loads $5,760,000

Expenses
Operations
Fuel $2,016,000
Driver $1,440,000
Fitness $6,000
Road Service $45,000
Insurance $50,000
Service Kit $76,000
Total Operations $3,633,000

Finance & Administration

Business Registration $5,000
Depreciation $12,120
Total Finance & Administration $17,120
Total Expenses $3,650,120
Operating Income - EBIT $2,109,880

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 A & G Innovation Transportation Service
Balance Sheet
Fiscal Year End Date: 31/12/2019
2019

ASSETS

Current Assets
Cash
Short-term investments $173,6700
Total Current Assets $173,670

Fixed Assets
Assets (Trucks) $4,021,919
Less: Accumulated depreciation $109,080 $3,912,839
TOTAL ASSETS $4,086,509

LIABILITIES AND EQUITY

Current Liabilities
Accounts payable $54,720
Total Current Liabilities $54,720

Long-Term Liabilities
Long-term
Less: loan payable
Short-term portion $00
Total Long-Term Liabilities $0
Total Liabilities $54,720

Stockholders' Equity
Investment capital $1,921,909
Current net profit (loss) $2,109,880
Total Capital $4,031,789

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $4,086,509

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