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HomeMy WebLinkAbout2.63 Correspondence 1 Heckman Motors, Inc. 05/05/11 Profit & Loss-PA DT Rentals/Bus/Charter/Parking/Sales January through March 2011 Jan 11 Feb 11 Mar 11 TOTAL Ordinary Income/Expense Income 62115-GPS Rental 0 0 6 6 61100• Mileage-Car 645 533 168 1,346 ID 61150• Mileage-Truck 40 265 264 569 61200-Time/Daily Rental-Car 5,150 6,851 9,373 21,374 61250.Truck Daily Rental 64 164 493 721 1 D�� 61300-Loss Damage Waiver(LDW) 771 610 1,525 2,906 61550•Cash Over/Short 21 -3 -3 15 61701 •Intercity Car Rental<Revenue> 133 359 526 1,018 61702 Intercity Car Rental<Expense> -39 -120 -65 -223 0 62103• P.A.E.<Revenue> 30 18 18 65 C;M 62104• P.A.E.<Expense> -8 -5 -5 -17 62106• Rental Car Cleaning Fee 0 500 0 500 62109• Underage Driver Fee 27 0 0 27 62200•Other Income 62201 •Retail Car Sales-Gross 39,700 35,275 27,250 102,225 62202•Wholesale Car Sales-Gross 0 41,650 27,850 69,500 62204•Other Rental Income 125 7 0 132 62220•Interest 2 3 4 9 Total 62200•Other Income 39,827 76,935 55,104 171,866 62250• Bus Lines Revenue Busi-ines Express Freight 83 125 121 330 Greyhound Sales Commission 153 160 309 621 Hotel Commission Earned 28 0 0 28 OBL Bus Revenue 34,024 33,787 43,002 110,813 Other OBL Inc{taxable exp re.1mb 0 0 356 356 Total 62250•Bus Lines Revenue 34,288 34,072 43,788 112,148 62260• Charter Revenue 631 0 2,220 2,851 62275• Grant Money income Grant$-Old Program Calculation 55,718 50,055 42,295 148,068 Grant$-OverlUnder Old Program -5,907 -8,730 5,214 -9,423 62275-Grant Money Income-Other 0 0 0 0 Total 62275•Grant Money Income 49,811 41,325 47,509 138,645 62701 •S.L.I.<Revenue> 600 617 1,105 2,322 62702•S.L.E.<Expense> -258 -265 -475 -999 63550• 105 Front St.PA Lease Revenue 600 600 600 1,800 64000- Daily Parking Revenue 2,399 2,939 4,075 9,413 64100•Sticker Parking Revenue 375 240 405 1,020 64200• Long Term Storage Revenue 2,485 1,665 1,785 5,935 Total Income 137,593 167,301 168,415 473,309 Cost of Goods Sold 70050• Cost of Sales Whlse Cars Gross 0 36,513 23,164 59,677 70790- Cost of Sales-Retail 32,724 28,970 21,720 83,414 Total COGS 32,724 65,483 44,884 143,091 Gross Profit 104,869 101,818 123,531 330,218 Expense Advertising&Promotion Expense 73000-Television Expense 2,351 1,865 1,865 6,081 73100•Yellow Pages Expense 1,281 1,044 1,044 3,369 73200•Newspaper Expense 1,042 1,402 2,812 5,257 73300•Radio Expense 1,384 1,506 1,708 4,598 73400 Billboard Expense 1,200 1,200 1,200 3,600 73500 Rack Cards(PrintinglDistrib.) 0 925 0 925 73900•Advertising and Promotion 1,380 630 30 2,040 Total Advertising&Promotion Expense 8,638 8,572 8,658 25,869 Direct Vehicle Expense 70100•Depreciation Expense-Vehicle 4,850 4,536 5,112 14,498 70110•Interest Expense-Vehicles 0 0 0 0 Page 1 Heckman Motors, Inc. 05/05/11 Profit & Loss-PA DT Rentals/Bus/Charter/Parking/Sales January through March 2011 Jan 11 Feb 11 Mar 11 TOTAL 70115-Fleet Lease Expense 7,412 7,412 7,412 22,235 70200•Insurance Exp.Vehicles 2,696 2,747 2,715 8,158 70210• Parts Expense 78 294 155 527 70220-Tires Expense 148 0 144 292 70230-Towing Expense 190 0 0 190 70300 Outside Maintenace&Repairs 8,985 7,506 5,561 22,052 70310 Vehicle Damage Repair 465 1,432 0 1,897 70370-Windshield Replacement/Repair 301 0 356 657 70500-Monthly Car Fees 488 656 835 1,979 70700•Licenses Vehicles -79 435 260 616 70750-Other DirectVehicie Expenses 0 0 0 0 Total Direct Vehicle Expense 25,532 25,018 22,550 73,101 General&Admn.Expense 77000 Amortization-Franchise 133 133 133 398 77100 Bad Debt Expense 0 0 49 49 77110-Bank Charges 7 16 5 28 77120-Equip/FurnExpense-Less than$250 0 174 8 183 77130- Interest Expense-Non Auto 0 0 0 0 77200-Office Supplies 396 99 119 614 77210-Postage and Freight 15 25 129 169 77220-Supplies 79 38 6 123 77230 Telephone Expense 907 905 846 2,658 77260 Depreciation Expense 58 58 58 174 77300•Professional Fees-Accounting 0 2,538 0 2,538 77340-Professional Fees-Consultants 0 169 0 169 77400-Meals&Entertainment 10 14 38 62 77410-Dues and Subscriptions 687 532 419 1,638 77425•Customer Goodwill 0 0 61 61 77430-Other General Expenses SnackslWater for Passengers 385 418 308 1,111 OBL Hotel(ALL HOTELS) -202 -135 -214 -551 77430•Other General Expenses-Other 0 200 0 200 Total 77430-Other General Expenses 183 483 94 760 77510•Uniform Expense 229 0 0 229 77820-Computer Equipment-Maintenance 492 76 171 739 77900•Taxes&Licenses-Business 77901 - Business Licenses 0 0 0 0 77902-Business Taxes 1,928 1,865 2,092 5,884 Total 77900•Taxes&Licenses-Business 1,928 1,865 2,092 5,884 Total General&Admn.Expense 5,122 7,124 4,230 16,476 Occupancy Expense 75110•Rent 6,381 6,381 6,381 19,142 75200-Utilities 579 607 655 1,840 75300-Insurance-Buildings/Bus Stops 0 0 0 0 754DO-Maintenance&Repair-Facilities 205 596 14 815 75600-Sign Expense 0 0 23 23 75800-Other Occupancy Expense 67 0 0 67 Total Occupancy Expense 7,231 7,583 7,072 21,887 Operating Expense 72100-Garage&Washing Supplies 184 141 161 487 72110-Oil&Antifreeze 26 7 32 65 72510 Drop-off Collection -300 -800 -445 -1,545 72600 Vehicle Transfer 0 357 0 357 72700 Other Operating Expense Tacoma Narrow Bridge Tolls 21 12 39 72 Taxicab Expense 37 0 0 37 Total 72700-Other Operating Expense 57 12 39 108 72750-Port Fees 222 197 204 623 72800-Gasoline Expense 7,145 6,429 8,701 22,275 7286D-Gasoline Refueling Charge -34 -145 -194 -373 Page 2 Heckman Motors, Inc. o ios,11 Profit & Loss-PA DT Rentals/Bus/Charter/Parking/Sales January through March 2011 Jan 11 Feb 11 Mar 11 TOTAL 77415•Ferry Fees 6,991 6,156 7,142 20,288 Total Operating Expense 14,291 12,353 15,639 42,284 Personnel Expense 76100-Managers&Operators Wages 0 0 0 0 76200-Corporate Officers Wages 4,718 4,718 4,718 14,154 76300-Accounting Wages 3,321 2,544 2,684 8,550 76620•Counter Agents Wages 9,641 8,799 9,628 28,069 76650 Parking Attendents Wages 94 66 66 226 767.30 Service Wages 4,0.2.1 3_,701 4,009 11,73.0 76750•Cleaning Wages 0 0 0 0 76810-Incentive Pay 51 152 171 374 76850-Bus Line Driver 14,556 11,620 13,857 40,033 76875-Vehicle Transfer Driver 225 120 280 625 76900-Payroll Tax Expense Employment Security 967 819 9 1,796 FICA 2,327 2,018 2,249 6,594 FUTA 300 235 182 717 Labor&Industries 1,772 1,619 1,862 5,253 Medicare 544 472 526 1,542 76900-Payroll Tax Expense-Other -116 -103 -93 -312 Total 76900-Payroll tax Expense 5,795 5,059 4,736 15,591 76910-Other Personnel Expenses 6 170 304 480 76920-Medical Insurance 5,136 5,136 5,136 15,409 Total Personnel Expense 47,564 42,087 45,589 135,240 Selling Expense 74100 Travel Agency Commissions 45 36 50 131 74300 Credit Card Commissions 889 827 1,350 3,066 74350 Credit Card Expense 0 0 0 0 74426 BusLines Greyhound Discounts 217 123 222 562 74500-Reservation Expense 515 507 731 1,753 74600-Other Selling Expenses 6 6 110 121 Total Selling Expense 1,672 1,498 2,463 5,633 Total Expense 110,051 104,236 106,202 320,489 Net Ordinary Income -5,182 -2,418 17,329 9,729 Net Income -6,182 -2,418 17,329 9,729 Page 3 Heckman Motors, [b� 08/23/11 Profit & Loss-PA DT Rentals/Bus/Chan-eW arkinglSales April through June 2011 4062 Apr 11 May 11 Jun 11 TO T 0 pa CC f f rt Ordinary Income/Expense A,7#L.1 Income Lei° 62115-GPS Rental 36 12 36 84 61100-Mileage-Car 0 62 0 62 61150•Mileage-Truck 181 17 95 293 61200•Time/Daily Rental-Car 5,767 7,442 14,839 28,047 61250-Truck Daily Rental 501 392 96 989 61300-Loss Damage Waiver(LDW) 621 552 2,368 3,540 61550-Cash Over/Short -18 -7 -66 -91 61701 -Intercity Car Rental<Revenue> 0 1,940 589 2,529 61702-Intercity Car Rental<Expense> -237 -179 -819 -1,234 62103-P.A.E.<Revenue> 77 36 0 113 62104-P.A.E.<Expense> -20 -9 0 -29 62107-Extra Driver Fee 10 20 0 30 62109.Underage Driver Fee 81 180 80 341 62200-Other Income 62201 •Retail Car Sales-Gross 22,750 34,500 0 57,250 62202-Wholesale Car Sales-Gross 32,615 25,775 0 58,390 62204.Other Rental Income -96 0 44 -52 6222D.Interest 3 2 3 8 Total 62200•Other Income 55,272 60,277 47 115,596 62250•Bus Lines Revenue BusLInes Express Freight 100 150 120 370 Greyhound Sales Commission 347 189 199 736 Hotel Commission Earned 0 60 0 60 OBL Bus Revenue 43,998 51,277 55,403 150,678 Total 62250•Bus Lines Revenue 44,446 51,677 55,721 151,844 62260-Charter Revenue 1,995 4,304 4,820 19,118 62275-Grant Money Income Grant$-Old Program Calculation 29,416 32,083 20,176 81,675 Grant$-Over/Under Old Program 16,638 7,974 17,936 42,548 62275-Grant Money Income-Other 0 0 0 0 Total 62275-Grant Money Income 46,054 40,057 38,112 124,223 62701 •S.L.I.<Revenue> 377 279 977 1,632 62702•S.L.I.<Expense> -162 -120 -420 -702 63550.105 Front St.PA Lease Revenue 600 600 600 1,800 64000•Daily Parking Revenue 6,627 6,344 8,046 21,017 64100•Sticker Parking Revenue 435 345 560 1,340 64200•Long Term Storage Revenue 1,735 1,655 1,605 4,995 Total Income 164,377 175,873 127,285 467,536 Cost of Goods Sold 70050-Cost of Sales Whlse Cars Gross 28,125 26,653 0 54,778 70790-Cost of Sales-Retail 18,653 31,988 0 50,641 Total COGS 46,777 58,641 0 105,418 Gross Profit 117,600 117,232 127,285 362,117 Expense Advertising&Promotion Expense 73100•Yellow Pages Expense 9,044 1,044 1,044 3,131 73200-Newspaper Expense 9,042 4,057 3,263 8,363 73300�Radio Expense 2,773 4,491 4,418 11,603 73400•Billboard Expense 1,200 1,200 1,200 3,600 73500•Rack Cards(Printing/Distrib.) 0 1,214 0 1,214 73900•Advertising and Promotion 188 199 30 417 Total Advertising&Promotion Expense 6,247 12,126 9,955 28,328 Direct Vehicle Expense 70100•Depreciation Expense-Vehicle 4,696 4,398 5,554 14,648 70110-Interest Expense-Vehicles 0 0 0 0 70115•Meet Lease Expense 0 1,465 1,465 2,931 70200•Insurance Exp.-Vehicles 4,870 2,781 2,786 10,438 Pagel Heckman Motors, Inc. 06!23111 Profit & Loss-PA DT Rentals/Bus/Charter/Parking/Sales April through June 2011 Apr 11 May 11 Jun 11 TOTAL 70210-Parts Expense 32 33 23 88 70220-Tires Expense 0 1,603 484 2,086 70300.Outside Maintenace&Repairs 3,069 2,003 3,278 8,350 70310-Vehicle Damage Repair 971 3,129 0 4,100 70350 r Subrogation 0 0 -2,014 -2,014 70370-Windshield Replacement/Repair 364 0 415 779 70500-Monthly Car Fees 507 616 1,208 2,331 70700-Licenses-Vehicles 77 56 347 479 70750•Other Direct Vehicle Expenses 0 0 0 0 Total Direct Vehicle Expense 14,587 96,083 13,545 44,216 General&Admn.Expense 77000-Amortization-Franchise 132 130 134 397 77100-Bad Debt Expense 0 0 111 111 77110-Bank Charges 202 3 7 212 77120•EquiplFurnExpense-Lessthan$250 208 0 0 208 77130-Interest Expense-Non Auto 0 0 0 0 77200-Office Supplies 777 526 652 1,955 77210•Postage and Freight 25 145 32 202 77220-Supplies 0 5 14 19 77230-Telephone Expense 855 896 909 2,661 77260-Depreciation Expense 58 122 132 312 77340 Professional Fees-Consultants 0 183 0 183 77400 Meals&Entertainment 25 0 24 49 77405 Travel&Meetings 0 129 11 140 77410 Dues and Subscriptions 42 143 211 397 71420 General Insurance Expense 0 -91 0 -91 77425-Customer Goodwill 100 0 100 200 77430-Other General Expenses Snacks/Water for Passengers 539 701 758 1,998 OBL Hotel(ALL HOTELS) -256 -88 -203 -547 Total 77430•Other General Expenses 284 612 555 1,451 77450-Donations Expense 0 0 158 158 77510•Uniform Expense 0 0 0 0 77820•Computer Equipment-Maintenance 158 849 173 1,179 77900-Taxes&Licenses-Business 77901 -Business Licenses 389 2,454 0 2,844 77902•Business Taxes 2,020 2,155 2,290 6,465 Total 77900-Taxes&Licenses-Business 2,409 4,609 2,290 9,308 Total General&Admn.Expense 5,276 8,260 5,515 19,051 Occupancy Expense 75110 Rent 6,423 6,423 6,423 19,270 75200 Utilities 511 492 504 1,507 75300 Ins urance-BuildingslBus Stops 0 546 0 546 75400•Maintenance&Repair-Facilities 51 153 145 349 75600-Sign Expense 530 585 0 1,116 75800.Other Occupancy Expense 67 0 0 67 Total Occupancy Expense 7,582 8,199 7,072 22,853 Operating Expense 72100-Garage&Washing Supplies 74 31 50 155 72110-Oil&Antifreeze 16 2 10 28 72510-Drop-off Collection -693 -962 -1,438 -3,093 72600-Vehicle Transfer 88 0 0 88 72700-Other Operating Expense Tacoma Narrow Bridge Tolls 8 16 32 56 Vehicle Rental/Charter 0 0 721 721 Total 72700•Other Operating Expense 8 16 753 777 72750•Port Fees 162 211 215 588 72800-Gasoline Expense 7,943 8,904 8,452 25,298 72850-Gasoline Refueling Charge -308 -380 -919 -1,608 77415-Perry Fees 6,949 8,901 8,931 24,782 Page 2 Heckman Motors, Inc, 08/23/11 Profit & Loss-PA DT Rentals/Bus/Charter/Parking/Sales April through June 2011 Apr 11 May11 Jun 11 TOTAL Total Operating Expense 14,238 16,722 16,054 47,015 Personnel Expense 76100•Managers&Operators Wages 0 0 0 0 76200•Corporate Officers Wages 4,759 4,759 4,759 14,278 76300•Accounting Wages 2,539 3,097 2,975 8,611 76620•Counter Agents Wages 9,015 11,160 9,413 29,588 76650•Parking Attendents Wages 103 157 214 474 76730•Service Wages 3,722 4,194 3,733 11,649 76750•Cleaning Wages 0 0 0 0 76810•Incentive Pay 288 136 117 541 76850•Bus Line Driver 14,074 14,677 13,929 42,680 76875•Vehicle Transfer Driver 90 420 475 985 76900•Payroll Tax Expense Employment Security 566 677 647 1,890 FICA 2,192 2,444 2,255 6,891 FUTA 84 61 38 183 Labor&Industries 1,738 1,856 1,851 5,446 Medicare 513 572 527 1,612 76900•Payroll Tax Expense-Other -85 -92 -87 -264 Total 76900•Payroll Tax Expense 5,009 5,516 5,232 15,757 76910•Other Personnel Expenses 118 628 242 988 76920•Medical Insurance 5,211 6,401 6,401 18,012 Total Personnel Expense 44,928 51,145 47,490 143,564 Selling Expense 74100•Travel Agency Commissions 58 58 261 377 74300•Credit Card Commissions 765 1,208 1,160 3,134 74350•Credit Card Expense 109 0 0 109 74426•BusLines Greyhound Discounts 200 203 251 653 74600•Reservation Expense 754 1,002 1,061 2,817 74600•Other Selling Expenses 8 0 138 146 Total Selling Expense 1,894 2,472 2,870 7,236 6660•Payroll Expenses 0 0 0 0 Total Expense 94,753 115,008 102,501 392,261 Net Ordinary Income 22,847 2,224 24,784 49,856 Net Income 22,847 2,224 24,784 49,856 Page 3 l 7`r . Heckman Motors, c. � Profit & Loss-PA DT Rentals/Bus/Ch rter.IPa kin /Sales 1�-� 11/09/11 g July through September 2011 Jul 11 Aug 11 Sep 11 TOTAL Ordinary Income/Expense �11�p Income 62115-GPS Rental 63 42 30 135 61100-Mileage-Car 224 96 138 458 �co �� } �b% 61150-Mileage-Truck 34 96 164 295 V �e+ 61200•Time/Daily Rental-Car 26,125 28,359 14,825 69,310 61250-Truck Daily Rental 186 241 278 705 61300 Loss Damage Waiver(LDW) 2,000 2,597 920 5,517 p� 61550 Cash OverlShort 138 87 -11 214 4A 61701 -Intercity Car Rental<Revenue> 1,366 1,015 1,848 4,228 61702-Intercity Car Rental<Expense> -3,981 -3,770 -1,261 -9,012 62103•P.A.E.<Revenue> 30 48 0 77 62104-P.A.E.<Expense> -8 -12 0 -20 62107-Extra Driver Fee 0 0 5 5 62109-Underage Driver Fee 100 40 30 170 62200-Other Income 62204.Other Rental Income 5 0 0 5 62220-Interest 1 0 1 2 Total 62200•Other Income 6 0 1 7 62250•Bus Lines Revenue BusLines Express Freight 125 264 225 614 Greyhound Sales Commission 434 364 191 989 OBL Bus Revenue 59,895 58,822 54,405 173,122 Total 62250-Bus Lines Revenue 60,454 59,449 54,821 174,725 62260-Charter Revenue 1,909 5,001 531 7,441 62275•Grant Money Income Grant$-Old Program Calculation 20,348 18,635 24,009 62,992 Grant$-Over/Under Old Program 20,164 22,094 14,667 56,945 62.275•Grant Money Income-Other 0 0 0 0 Total 62275•Grant Money Income 40,532 40,730 38,676 119,938 62701 -S.L.I.<Revenue> 628 1,024 316 1,968 62702•S.L.I.-;Expense> -270 -441 -136 -847 63550 105 Front St.PA Lease Revenue 600 600 600 1,800 64000 Daily Parking Revenue 15,164 12,828 9,845 37,837 64100 Sticker Parking Revenue 950 575 270 1,795 64200 Long Term Storage Revenue 1,855 1,895 1,585 5,335 Total Income 148,105 150,501 123,473 422,079 Gross Profit 148,105 150,501 123,473 422,079 Expense Advertising&Promotion Expense 73100•Yellow Pages Expense 964 961 966 2,891 73200-Newspaper Expense 1,967 1,042 3,192 6,202 73300-Radio Expense 4,344 3,946 3,811 12,101 73400•Billboard Expense 1,200 1,200 1,200 3,600 73900-Advertising and Promotion 30 30 30 90 Total Advertising&Promotion Expense 8,505 7,179 9,200 24,883 Direct Vehicle Expense 70100-Depreciation Expense-Vehicle 6,332 7,119 5,998 19,449 70110•Interest Expense Vehicles 0 0 0 0 70115-Fleet Lease Expense 1,465 1,465 1,465 4,396 70200 Insurance Exp:Vehicles 2,882 3,723 2,864 9,468 70210 Parts Expense 266 131 0 397 70220 Tires Expense 469 0 0 469 70300 Outside Maintenace&Repairs 700 3,063 5,328 9,091 70310•Vehicle Damage Repair 602 647 0 1,249 70350 Subrogation 0 -825 -250 -1,075 70370-Windshield ReplacementlRepair 551 0 0 551 70500•Monthly Car Fees 1,597 1,848 1,159 4,603 70700-Licenses-Vehicles 421 128 152 701 70750-Other Direct Vehicle Expenses 0 0 0 0 Pagel tl Heckman Motors, Inc. P 11/09/11 Profit & Loss-PA DT Rentals/Bus/Charter/Parking/Sales July through September 2011 Jul 11 Aug 11 Sep 11 TOTAL Total Direct Vehicle Expense 15,285 17,299 16,716 49,300 General&Admn.Expense 77000,Amortization-Franchise 131 133 131 396 77100-Bad Debt Expense -111 0 ❑ -111 77110-Bank Charges 6 5 32 43 77120•EquiplFurnExpense-Less than$250 0 62 464 526 77130-Interest Expense-Non Auto 0 0 0 0 77200.Office Supplies 389 422 1,129 1,939 77210-Postage and Freight 191 8 51 250 77230-Telephone Expense 910 958 898 2,766 77260•Depreciation Expense 89 89 326 503 77310-Professional Fees-Legal 175 0 250 425 77340•Professional Fees-Consultants 0 0 0 0 77400•Meals&Entertainment 90 17 25 131 77405-Travel&Meetings 126 24 2 153 77410-Dues and Subscriptions 925 83 43 1,051 77420�General Insurance Expense 0 712 1,180 1,892 77430-Other General Expenses Vehicle Owner Info from DOL 0 0 2 2 SnackslWater for Passengers 906 863 804 2,572 OBL Hotel(ALL HOTELS) -151 -240 -163 -554 77430�Other General Expenses-Other 0 0 4 4 Total 77430•Other General Expenses 754 623 647 2,024 77450•Donations Expense 0 0 150 150 77510-Uniform Expense 57 0 98 155 77820•Computer Equipment-Maintenance 354 675 77 1,105 77900-Taxes&Licenses-Business 77901 -Business Licenses 0 130 0 130 j 77902•Business Taxes 2,370 2,353 2,069 6,793 I Total 77900•Taxes&Licenses-Business 2,370 2,483 2,069 6,923 ddd Total General&Admn.Expense 6,457 6,291 7,572 20,320 Occupancy Expense 75110.Rent 6,462 6,462 6,462 19,387 75200-Utilities 467 556 466 1,489 i 75300•Insurance-BuildingslBus Stops 0 0 0 0 75400-Maintenance&Repair-Facilities 184 0 41 225 75800-Other Occupancy Expense 67 0 0 67 Total Occupancy Expense 7,180 7,018 6,969 21,167 Operating Expense 72100•Garage&Washing,Suppiies 108 30 50 189 72110-Oil&Antifreeze 12 20 1 32 72510-Drop-off Collection -3,791 -3,352 -1,737 -8,880 72600•Vehicle Transfer 253 0 0 253 72700-Other Operating Expense Parking Fees 0 0 0 0 Tacoma Narrow Bridge Tolls 15 10 12 37 Vehicle Rental/Charter 0 0 0 0 Total 72700-Other Operating Expense 15 10 12 37 72750•Port Fees 218 2222 215 655 72800-Gasoline Expense 8,265 8,861 7,466 24,592 72850-Gasoline Refueling Charge -517 -720 -212 -1,449 77415•Ferry Fees 9,312 9,313 8,862 27,487 Total Operating Expense 13,876 14,383 14,656 42,916 Personnel Expense 76100-Managers&Operators Wages 0 0 0 0 76200-Corporate Officers Wages 4,798 4,798 4,798 14,393 76300•Accounting Wages 3,030 2,942 2,904 8,876 76620-Counter Agents Wages 11,295 10,069 9,317 30,681 76650-Parking Attendents Wages 1,202 468 143 1,813 Page 2 i Heckman Motors, Inc. i 9 11!09111 Profit & Loss-PA DT Rentals/Bus/Charter/Parking/Sales I July through September 2011 7 Jul 11 Aug 11 Sep 11 TOTAL J 76730 Service Wages 5,069 4,465 4,090 13,625 76750 Cleaning Wages 0 0 0 0 76810•Incentive Pay 342 274 360 976 76850•Bus Line Driver 14,677 14,997 14,495 44,169 76875 Vehicle Transfer Driver 803 683 605 2,090 76900 Payroll Tax Expense Employment Security 727 676 637 2,040 FICA 2,601 2,443 2,318 7,362 FUTA 36 29 13 77 Labor&Industries 1,990 2,050 1,776 5,816 Medicare 608 571 542 1,722 76900•Payroll Tax Expense-Other -85 -83 -78 -246 Total 76900• Payroll Tax Expense 5,877 5,685 5,209 16,771 76910 Other Personnel Expenses 134 496 121 751 76920 Medical Insurance 6,419 6,419 6,419 19,258 Total Personnel Expense 53,645 51,295 48,461 153,402 Selling Expense 74100•Travel Agency Commissions 332 268 326 925 74300•Credit Card Commissions 1,853 1,985 1,431 5,269 74350•Credit Card Expense 0 0 0 0 74426•BusLines Greyhound Discounts 268 242 283 793 74500•Reservation Expense 1,3400 1,273 955 3,568 74600.Other Selling Expenses 6 3 153 162 Total Selling Expense 3,799 3,770 3,147 10,717 Total Expense 108,746 107,235 106,722 322,704 Net Ordinary Income 39,358 43,266 16,751 99,375 Net Income 39,358 43,266 16,751 99,375 Page 3