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CENTRALIZED SUPPLY CHAIN SERVICES, LLC
STATEMENTS OF OPERATIONS
Years ended December 31, 2017 and 2016
2017 2016
Net revenues $ 13,841,607 $ 14,967,035
Operating expenses
Personnel costs 6,431,116 6,224,882
Fringe benefits 1,037,512 987,469
Other employee-related costs 113,316 155,556
Travel 273,186 243,325
Administrative 203,024 211,839
Professional fees 1,922,380 1,677,526
Office service costs 412,598 419,754
Total operating expenses 10,393,132 9,920,351
Net earnings $ 3,448,475 $ 5,046,684
See accompanying notes to financial statements.
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