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JEFFREY I.

ORFRECTO
STATEMENT OF FINANCIAL POSITION
As of December 31

Assets 2021 2020


Current Assets
Cash and Cash Equivalents 572,650 19,154
Accounts receivable
Inventory
Prepaid expenses
Advances to Officers and Employees - -
Advances to Related Parties
Short-term investments
Other Current Assets
Total current assets 572,650 19,154
Noncurrent Assets
Long-term investments
Construction in Progress
Property, plant, and equipment (net) 20,000 25,000
Intangible assets
Other Noncurrent Assets - -
Total noncurrent assets 20,000 25,000

Total Assets 592,650 44,154

[42]

Liabilities and Shareholders' Equity


Current Liabilities
Trade and other payables -
Total current liabilities - -
Long-Term Liabilities
Long-term debt
Total long-term liabilities - -
Shareholder's Equity
Owner's Equity 592,650 44,154
Total owner's equity 592,650 44,154

Total Liabilities and Shareholders' Equity 592,650 44,154


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