Page 322 - Onboarding May 2017

INCOME STATEMENT
CENTRALIZED SUPPLY CHAIN SERVICES, LLC Period 10 of 2016 ending on 10/31/2016
All Cost Centers Period to Date Year to Date
Current Budget Variance Current Budget Variance

ADMINISTRATIVE:
OFFICE SUPPLIES 676 1,129 453 13,632 11,293 (2,338)
POSTAGE & EXPRESS MAIL 298 550 252 4,137 5,500 1,363
DUES & SUBSCRIPTIONS 3,394 6,698 3,304 47,241 66,975 19,734
PRINTING 307 875 568 5,319 8,750 3,431
BANK CHARGES 885 900 15 6,482 9,000 2,518
PENALITIES 0 0 0 0 0 0
SOFTWARE EXPENSE 1,714 2,116 402 21,970 21,164 (806)
COMPUTER SUPPLIES 40 2,775 2,735 28,036 27,750 (286)
OTHER MISCELLANEOUS 66 150 84 10,542 1,500 (9,042)
MEETING MEALS 1,171 1,125 (46) 14,239 11,250 (2,989)
MEETINGS 848 2,583 1,735 30,354 25,833 (4,521)
TOTAL ADMINISTRATIVE EXPENSES 9,400 18,902 9,502 181,953 189,016 7,063

PROFESSIONAL/OUTSIDE SERVICES:
ACCOUNTING SERVICES 10,083 10,128 45 100,333 100,693 360
OUTSIDE LEGAL COUNSEL 6,896 9,167 2,271 57,602 91,667 34,065
AUDIT FEES 0 0 0 70,168 70,675 507
CONSULTANT FEES 8,500 11,167 2,667 106,354 120,467 14,113
IT RECURRING COSTS 2,023 2,198 175 20,722 21,980 1,258
IT PROFESSIONAL SERVICES 105 322 217 1,053 3,220 2,167
PRODUCE PROGRAM FEES-APPLE 60,000 60,000 0 240,000 240,000 0
PRODUCE PROGRAM FEES-PANCAKE 30,000 30,000 0 120,000 120,000 0
HAVI SUBSCRIPTION-APPLE 64,701 61,600 (3,101) 611,865 616,000 4,135
HAVI SUPPLIER FEES-APPLE (23,000) 0 23,000 (300,375) (247,500) 52,875
HAVI SUBSCRIPTION-PANCAKE 54,269 50,400 (3,869) 513,935 504,000 (9,935)
HAVI SUPPLIER FEES-PANCAKE (17,000) 0 17,000 (250,125) (202,500) 47,625
TOTAL PROFESSIONAL/OUTSIDE SERVICES 196,577 234,982 38,405 1,291,532 1,438,702 147,170

OFFICE SERVICES:
RENT-MISSOURI 19,313 18,827 (486) 189,766 188,271 (1,494)
RENT-CALIFORNIA 450 450 0 4,500 4,500 0
TELEPHONE & CELL PHONE 2,250 2,766 516 27,920 27,662 (258)
REPAIRS & MAINTENANCE 0 0 0 3,565 0 (3,565)
LICENSES & TAXES 0 0 0 3,174 3,353 179
BUSINESS INSURANCE 5,300 5,512 212 44,370 55,115 10,745
BOARD OF DIRECTOR EXPENSES 12,108 7,000 (5,108) 49,898 80,500 30,603
TOTAL OFFICE SERVICES 39,421 34,555 (4,867) 323,192 359,401 36,209
TOTAL OPERATING COST EXPENDITURES 883,585 931,372 47,787 8,222,715 8,514,595 291,880

DEPRECIATION 895 333 (561) 9,032 3,333 (5,699)
BAD DEBT EXPENSE 0 0 0 0 0 0
INTEREST EXPENSE-APPLE 0 0 0 0 0 0
INTEREST EXPENSE-PANCAKE 0 0 0 0 0 0
FEDERAL & STATE INCOME TAX 0 0 0 6,800 6,800 0
DISTRIBUTION OPTIMIZATION-TRAVEL 0 417 417 1,151 4,167 3,016
HAVI DEVELOPMENT 0 0 0 19,550 45,000 25,450
TOTAL EXPENDITURES 884,479 932,122 47,643 8,259,248 8,573,895 314,647
NET INCOME/(LOSS) 127,508 (81,767) 209,275 4,546,058 2,208,749 2,337,309