Page 28 - 2018 Apple Annual Report
P. 28
CENTRALIZED SUPPLY CHAIN SERVICES, LLC
STATEMENTS OF OPERATIONS
Years ended December 31, 2018 and 2017
2018 2017
Net revenues $ 13,828,738 $ 13,841,607
Operating expenses
Personnel costs 6,670,636 6,431,116
Fringe benefits 1,055,535 1,037,512
Other employee-related costs 157,721 113,316
Travel 309,448 273,186
Administrative 360,743 203,024
Professional fees 2,201,147 1,922,380
Office service costs 441,156 412,598
Total operating expenses 11,196,386 10,393,132
Net earnings $ 2,632,352 $ 3,448,475
See accompanying notes to financial statements.
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