Happy Pill Fastfood

Statement of Comprehensive Income -Forecasted

For the Year Ended December 31, 2024 to December 31, 2026
2024 2025 2026
Revenue:
Sales Revenue ₱ 700,000.00 ₱ 750,000.00 ₱ 800,000.00

Cost of Goods Sold:

Cost of Sales (300,000.00) (320,000.00) (340,000.00)

Gross Profit 400,000.00 430,000.00 460,000.00

Operating Expenses:
Marketing and Advertising (50,000.00) (55,000.00) (60,000.00)
Rent and Utilities (40,000.00) (45,000.00) (50,000.00)
Salaries and Wages (120,000.00) (130,000.00) (140,000.00)
Depreciation and Amortization (35,000.00) (37,000.00) (40,000.00)
Other Operating Expenses (25,000.00) (28,000.00) (30,000.00)
Total Operating Expenses (270,000.00) (295,000.00) (320,000.00)

Operating Income 130,000.00 135,000.00 140,000.00

Other Income and Expenses:

Interest Income 7,000.00 7,000.00 7,000.00
Interest Expense (12,000.00) (12,000.00) (12,000.00)
Other Income/(Expense) (5,000.00) (5,000.00) (5,000.00)
Total Other Income and Expenses (10,000.00) (10,000.00) (10,000.00)

Net Income Before Tax 120,000.00 125,000.00 130,000.00

Income Tax Expense (35,000.00) (37,000.00) (39,000.00)

Net Income After Tax 85,000.00 88,000.00 91,000.00

Other Comprehensive Income:

Unrealized Gain/(Loss) on Investments 5,000.00 50,000.00 5,000.00
Foreign Currency Translation Adjustment (10,000.00) (10,000.00) (10,000.00)
Total Other Comprehensive Income (5,000.00) (5,000.00) (5,000.00)

Total Comprehensive Income 350,000.00 360,000.00 370,000.00