Page 7 - Q1 2022 RNR

Financial Reporting Fiscal 2022 1st Quarter - R N R Construction, Inc.
Repeating, all balance sheets, personal or corporate, in a near or far orbit, are treated fundamentally with blistering eradication of any debt. There is no debt in the universe of R N R.
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In response to questions and commentary from recent discussions, the table below is instructive. In its FIRST 7 years, from 2008-2014, R N R delivered $ 2,824,832 in
cumulative retained earnings. In its SECOND 7 years, from 2015-2021, this value would 6-fold ending with $17,705,988 in EOY 2021. In that second tranche of 7-years, cumulative distributions before tax amounted to 56% of cumulative NET. This is a blessed record, highly securing the company balance sheet without any liability.
We expect the year of 2022 to reach $40 million, delivering solid net, and if claims are successful, the year will be bountiful. However, acquisition of backlog for FY2022 and especially now, for FY2023 is at the core of our endeavor and vital. In a hyperinflation environment, quite volatile, with high demand, this is the most difficult decision and process.
Repeating our regular anthem, we request that you join us in these endeavors and continue your support of R N R with your services, hard work and with a daily sense of urgency; and most of all, with a veracity that will cultivate and protect long lasting joint prospects.
Respectfully Submitted,
R N R Construction, Inc.
André K. Catellier, PE, President