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CvSU MANUAL OF OPERATIONS
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Name of Project: _______________________
INCOME STATEMENT
For the period covering _________________
REVENUES
Sale of __________________ P_______________
________________________ _______________
________________________ _______________
TOTAL REVENUES (A)
Less: OPERATING EXPENSES
________________________ P _______________
________________________ _______________
________________________ _______________
________________________ _______________
TOTAL OPERATING EXPENSES (B) P_______________
NET INCOME/ LOSS (A-B) P_______________
a. Revenues – These are the income, which
accrue to the Project. These consist mainly of
sales of product from different projects. For
example, the following table
shows the different sources of revenue for each
type of agricultural project:
Types of Project Sources or Revenues
(1) Crops Sales
(2) Broiler/Poultry Sale of broilers, manure and empty
feedbags
Sale of culls
Contract Growing
(3) Swine Sales of weanlings, fattener, sow/boar/pork
(4) Goat/Buffalo Sale of stock and milk
(5) Beef/Cattle Sale of fattened culled cows and yearlings
(6) Tilapia Sale of tilapia, sale of fingerlings
(7) Apiary Sale of honey
b. Expenses – These are mainly expenditures for production
inputs, labor costs and other items needed in the
operation of the project. The different expenses incurred
in the operation of the various projects cited above are
enumerated in the following table:
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