Apr 15th, 23:58 LLL L&L Rentals and Sales
by Luke Birdbrain
March Financials
LLRS Profit & (Loss) Statement for ((March 2008)P & L Statement
Revenue
Commission and Advertising $0.00
Income from Trading Stocks $0.00
Interest and Dividends $0.00
Capital Gains $770,320.00
Stipend $0.00
Gifts $0.00
Total Revenue $770,320.00
Expenses
Fraud Insurance Fund Payments $0.00
Consultations and Fees $0.00
Miscellaneous (Tier to LL) $227,068.00
Salaries and Wages $15,000.00
Commission Expense $0.00
Affiliate Commission $0.00
Total Expenses $242,068.00
Total Gross Income - Profit/(Loss) $528,252.00
Other Net Income (Misc) $0.00
Other Net Expenses (Misc) $0.00
Total Other Net Profit/(Loss) $0.00
Total Net Profit/(Loss) (Available for Dividends) $0.00
Preferred Shares Dividends Paid Out $100,000.00
Common Shares Dividends Paid Out $0.00
Treasury Shares Dividends Paid Out $0.00
Total Shareholder Dividends Paid $100,000.00
Total Retained Earnings $428,252.00
+++++++++++++++++++++++
+++++++++++++++++++++++
+++++++++++++++++++++++
Balance Sheet - March 2008
Assets
Cash On Hand $427,000.00
Land (Sq. Mtr.*$L/Mtr) $2,240,000.00
Intangible Asset (Web Site/Software) $0.00
$2,000,000.00
Other Current Assest $0.00
Total Assets $4,667,000.00
Liabilities
Accounts Payable $227,068.00
Insurance & Escrow Funds $0.00
Other Current Liabilities $396,028.00
Total Liabilities $623,096.00
Equity
Total Equity SubTotal $4,043,904.00
-------
Thanks, Luke Birdbrain CEO LLRS