ITR CLIENTS 2A22

ULTRA CHEM.ACTANTS IN DUSTRIAL SALES/VI CTHEL IN DUSTRIAL SU PPLY

STATEMENTS OF INCOME AND CAPITAL

Years ended December 31

2421 2024
NET SALES 6,274,915 5,759,665
COST OF SALES (3,981,965) (3,167,070)
GROSS PROFIT 2,293,050 2,591,595
OPERATING EXPENSES
Salaries and Wages (6e0,000) (672,500)
Depreciarion (27,835) (27,835)
Gas and Oil (512,800) (4e0,650)
Taxes and Licenses (234,470) (241,390)
Communication (240,000) (240,000)
(1,705,'105) (1,672,375)

NET INCOME BEFORE TAX 587,945 919,220

PROVISION FOR INCOME TAX
NET INCOME AFTER TAX 587,945 g1g,220
C.H HIZOLA, CAPITAL BEGINNING g10,gg0 1,695,990
PERSONAL DRAWINGS (375,q00) (875,000)

C.H HIZOLA, CAPITAL ENDING 435,990 g10,gg0

 ITR CLIEhITS 2S22

uhrRA e H Effi .sqTAt\lrs_ r N pu-$TRI& sALE$ryrcE{ EL N.QUSTR|AL $ U prly

r

B,&LAilCE SHEET'S

fiecernber 3'N

?0?'r eseB
A$SETS
Cash 3,547,595 3,492,505
Accounts Receivable 814,580 937,300
lnventory, Net 327,050 303,545
Other Receivables 10,000 17,500
4,699,21S 4,740,SS0

FIXED AS$HTS, NIT 206,480 234,315

TSTAL A$$ET$ 4,905,695 4,375,165

Li&BILITIES

Accounts Payable and other Liabilities 264,385 394,835

lnccme tax Payable

TOTAL I.IABILITIES 264,385 i 394,835

SAFITAL

C.H Hizola, Capital 4,580,330 4,536,110

e.H Hizola, Drawings (375,000] {875,0fi0i
Net lnsome forthe Year 435,980 s j s,e?s
4,64"t,31fi 4,Sg$,330

TOTAL LIABILITIES AND CAFITAT 4,97$,16S

 ITR CI*IENT$ 2021
TANJ-$ I N p USTRIAL $AL E$rylS.rH pu
ULTM C H H UI -AC E t- r N SfBrALSgEE Ly
STATEMENTS OF INSSilIE AND CAPITAL

Years *ruded Dece*rber 31

esEs e0f
NET $ALE$ 5,758,S65 &,539,425
**ST OF SALE$ {3,167,*70) {5.534,715i
GffiOS$ PROFIT 2,5S1,$$$ 3,S*4,?,!*
*FERATIHG EXPEftISE$
$alaries and W*g*s {€72,500i (73*,0**)
D*preeiericn {2?,fi35} {E7,835}
G*s and *il {4**,S5*} i5t2,gssi
Taxes and Licenses {241,390} (253,215)
Cammunication (240,000) {240,000)
(1,672,375) {1,764,00CI}

NET INCOME BEFORE TAX gtg,?zt} 1,240,v19

PROVISION FOR INCOME TAX
I{ET INCOME AFTER TAX 919,220 1,24fl,718
C"H HIZOLA, CAPITAL BTGINNING 1,685,980 1,195,270
PERSOfTAL NRAWING$ {s75.frfiS} i75S,*0*i

*.H ${IE*LA, *AFITAL HHSIHG s'ts,sss i 1,sfi5,*s$

 ITR CLI[NT$ 2O?1
u LTRA Sl{ E m-AC IAF|TS I N EU$TRIAr-j5ALES/V!gTUE L !g BUSTFHL SU ppLy
EALANCE SHEET$

Sssernb*r 3t

?,020 3019
ASSET$
Cash 3,492,505 3,371,58CI
Accounts Receiv*hle 937,300 875,425
lnventary, Net 303,545 485,250
Other Receivah,les 17,500 26,000
4,740,S5S 4,7$7,9S5

FHEA A$$ETS, t\trET 234,315 ?6?,150

TSTAL ASSETS 4,*75,165 5,&:{1,005

LIABIL'TIES

Accounts Payable and other Liabilities 394,835 483,895

lncome tax Payable

TOTAL LIABILITIES 39

CAPITAL

G.H Hizola, Capital 4,580,330 4,536,1 10

C.H Hizola, Drawings {375,000i {875,000)
Net lncome for the Year g1$,220 1,244,71*
d.,$80,33ff 4,536,11fi

TOTAL LIAEILITIES AND CAPITAL 4,975,165 i 5,020,005

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ULTRA C H EM-ACTANT$ IN PU$TRIAL SiLESTV|CTH E I- IN DUSTRI{LSSPPLY
STATEMENTS OF INCOME AND CAPITAL

Years ended Decemher 3'l

?ft4* 3r'!4 g

NEET SAL€* $,s3s,42S S,SS2,S?S

frft5?AP AAr r^
L/Ue: t'yf '::i{LEe i5,534,715i {5,4=:,17*}
Gffi#S$ PROFET 3,**4,?t* e,*4€,8*S
OFERATING EXPEN$ES
$alaries and Wages (730,000) (722,500)
Depreciarion i27,835) (27,835)
Gas and Oil {512,950} i502,35*)
Taxes and Licenses (253,215) (235,760)
Comrr'lunication (240,000) i240,00CI)
(1,764,000) (1,729,445)

HET INCGffiH *EFORE T&X t,g4s,?10 1,2'!?,7SS

PROVISION F*R INCGMH TAX
ru=T IruG*THE AFTER TAX {,e4&,7{* t,3'!?,7S*
*.H HIZCLA, CAPITAL BEGINT*iNG 1,1S5,87G 738,51*
PERSONAL DRAWINGS {7,500,000i {750,000}

C.H I.IIZOLA, GAPITAL ENDING 1,685,980 [ 1,195,270

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 LTRA Q U EM-ACTAUTS
I:J IN OUSTRIAL SALESft/ICTH EL I IlI DUSTRIAL SU PPIY
BALANCE SI.IEET$

0ecennber 31

eg$ efi.18
ASSETS
Cash 3,371,5SS 2,87?,5S5
Acc*unts Receivable 875,025 857,545
lnventory, Net 485,250 ,aa nen
+ZU"UJU

Other Receivables 26.SGfi i 8,0s0

4,757,SS5 4,{7p,,17{}

FIXED A$SETS, NET 2S2,1$S ?g*,9$5

TGTAL A$SETS 5,CI20,9{}5 4,469,15S

I-IAB!LIT;ES

Accounts Payable and other Liabilities 483,895 423,755

lncome tax Payable

TSTAL LIABILI?IES 483.895 | 423,?55

CAPITAL

C.H Hizola, Capital 4,045,400 3,592,640

C"H Hizola, Srawings (750,000) (750,000)
l{et lncam* forthe Year 1,24Q,71* 1,212,7**
. 1,!Qs,1llQ *"_4-81!,$QQ

TOTAL LIABILITIES AND CAPITAL 5,020,005 ! 4.469,1$$

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