Page 309 - Onboarding May 2017
P. 309
CENTRALIZED SUPPLY CHAIN SERVICES, LLC
STATEMENTS OF OPERATIONS
Years ended December 31, 2015 and 2014
2015 2014
Net revenues $ 14,307,522 $ 13,178,819
Operating expenses
Personnel costs 5,742,787 5,580,921
Fringe benefits 1,020,468 982,492
Other employee-related costs 121,532 100,827
Travel 164,263 151,737
Administrative 223,404 214,963
Professional fees 1,879,799 1,924,405
Office service costs 388,559 458,981
Total operating expenses 9,540,812 9,414,326
Net earnings $ 4,766,710 $ 3,764,493
See accompanying notes to financial statements.
3.