www.dymas.ca dymasservices@gmail.com Interim Financial Report Sample Trucking Inc. July 1, 2024 through September 30, 2024 Prepared by: Dymas Services Ltd. Friday, August 16, 2024 (403) 991-3091 TruckerAccountant/ca RobertDyck Robert Dyck We have not performed an audit or a review engagement in respect of these financial statements and, accordingly, express no assurance thereon. Readers are cautioned that these statements may not be appropriate for their purposes. Friday, August 16, 2024 Dymas Services Inc. On the basis of information provided by the Corporate Director, We have compiled the balance sheet of Sample Trucking Inc. as at September 30, 2024 and the statement of income for the period then ended. NOTICE TO READER OF THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS Dymas Services Inc. PO BOX 1695 VULCAN, AB T0L 2B0 (403) 991-3091 dymasservices@gmail.com TruckerAccountant/ca Estimated tax instalments can be made through online banking payments to CRA. You can confirm that the CRA received your payment and see any balances you owe online in My Business account. Federal: Dymas Services Inc. PO BOX 1695 VULCAN, AB T0L 2B0 (403) 991-3091 dymasservices@gmail.com YEAR-TO-DATE ESTIMATED TAX INSTALMENT As of September 30,2024, Sample Trucking Inc.' s year-to-date net income was $49,513.97. Based on these numbers, an instalment of corporate income taxes should be made of: $ 5,446.54 This figure does not account for any previous instalments made for this fical year. If Sample Trucking Inc. has made previous instalments for this fiscal year, please figure that into the calculation when making a payment. TruckerAccountant/ca - There were 255 journal transactions for the period from 07/01, 2024 through 09/30, 2024. Dymas Services Inc. PO BOX 1695 VULCAN, AB T0L 2B0 (403) 991-3091 dymasservices@gmail.com NOTES FOR MANAGEMENT - Sample Trucking Inc.'s net income was $1,642.00 from 07/01, 2024 through 09/30, 2024. - Sample Trucking Inc.'s GST balance is $4,010.00 for the period from 07/01, 2024 through 09/30, 2024. GST is due one month from 09/30, 2024 TruckerAccountant/ca 0% 0% Dymas Services Inc. PO BOX 1695 VULCAN, AB T0L 2B0 (403) 991-3091 dymasservices@gmail.com SAMPLE TRUCKING INC.'S KEY PERFORMANCE INDICATORS Measures the percentage of revenue that exceeds the cost of goods sold. Measures overall profitability after all expenses are accounted for. Measures ability to pay off short-term liabilities with current assets. Ideally should be great than 1.0. 1.05 2% Return on Equity ROE Year to Date Here are some of Sample Trucking Inc.'s key performance indicators for the period July 01,2024 through September 30,2024. These can be used to learn more about Sample Trucking Inc.'s financial position. Gross Profit Margin Net Profit Margin Current Ratio Debt Ratio Return on Assets Measures the relative amount of assets that are provided from debt. Ideally should be less than 0.6 Measures how efficiently assets are used to generate profit. Measures financial performance. An ROE of 5% per quarter or 1.6% per month is considered good An ROE of 20% or higher per year is considered good 5% 45% 0.77 TruckerAccountant/ca ! ! " # # $ " % # & ' ( ) ) * + , - / 0 1 1 2 3 4 5 $ " % 6 7 8 4 9 : 8 4 ; < 4 = > ? < ' @ % A B 1 C / D / 1 / E F G 2 2 2 F @ % A B H I H J G K H H 3 L M % 6 M % & B N 2 N .2 E2 1 N 2 N .2 1C F = % # % 6 & B N 2 N .2 0F D ? % O P O Q 8 # & R S T U V P P ' P P ? % O W X Q 4 # 7 8 4 9 : 8 4 Y % 6 Z % ! # & & % # % O P [ \ S P ' P P ? % O W ] Q ^ & ! % " M % A Z % ! # & & % # % O P [ \ S P ' P P ? % O P W Q 7 8 4 9 : 8 4 ! # # ! & ! A ! # # ! % # % M % 6 M % & S _ ] P ' P P ? % O P _ Q ` & a A & & & b " M % 6 M % & S P ' P P ? % O P X Q 4 # 7 8 4 9 : 8 4 & & a A " % M % & S _ ] P ' P P ? % O P ] Q > 4 c " ! M % & & ! # % A & > 4 c " A M R % M % & S P ' P P ? % O P [ Q ` & a A & & ! & Y & A% % 6 b " M % 6 M % & S O U _ [ ] ' ] W ? % O P d Q 4 # > 4 c & & a A S O U _ [ ] ' ] W ? % O P T Q ; b Q S O U P O ] ' ] W ? % O O P Q > # A & # " % # M $ A S P ' P P ? % O O O Q L Z B " A A A % # & M # $ \ S P ' P P ? % V P X Q 7 8 4 9 : 8 4 & M ! " # M M $ M ! " A% % # # Y ! S P ' P P ? % _ P X Q e 7 8 4 9 : 8 4 # " Q & S P ' P P ? % O O _ Q L " & ! # % A & S O U P O ] ' ] W ? % O O X Q ` A Y % 6 S P ' P P f g h i h j k l k k f m i n n o l j k f m i n n o l j k f p k h l h q f p k h l h q f r m r l k h f r m r l k h s t u v w x y z { | } ~ y } l n m g o h j q n r y z y k k k m o k o h k n k m y
y o k o h k p g k o k o h m k m j m o g h j q n r p TruckerAccountant/ca Jul - Sep 24 Jan - Sep 24 Ordinary Income/Expense Income Freight Income 34,450.00 210,327.00 Total Income 34,450.00 210,327.00 Cost of Goods Sold Direct Cost of Goods Sold 19,000.00 114,980.00 Total COGS 19,000.00 114,980.00 Gross Profit 15,450.00 95,347.00 Expense Freight/Shipping 0.00 1,084.32 Insurance 735.00 2,205.00 Interest & Bank Charges 600.00 1,400.00 Professional Fees 2,415.71 7,247.13 Rent 4,350.00 13,050.00 Supplies 3,139.26 13,142.49 Utilities 1,503.69 4,511.07 Vehicles 1,064.34 3,193.02 Total Expense 13,808.00 45,833.03 Net Ordinary Income 1,642.00 49,513.97 Net Income 1,642.00 49,513.97 6:52 PM Sample Trucking Inc. 12/31/24 Profit & Loss Accrual Basis July through September 2024 Page 1 TruckerAccountant/ca Sep 30, 24 ASSETS Current Assets Chequing/Savings Chequing 12,171.04 Total Chequing/Savings 12,171.04 Accounts Receivable Accounts Receivable 6,434.68 Total Accounts Receivable 6,434.68 Other Current Assets Undeposited Funds 4,500.00 Total Other Current Assets 4,500.00 Total Current Assets 23,105.72 Fixed Assets Property Plant & Equipment 57,786.88 Total Fixed Assets 57,786.88 TOTAL ASSETS 80,892.60 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable Accounts Payable 10,819.87 Total Accounts Payable 10,819.87 Credit Cards Credit Cards 6,819.56 Total Credit Cards 6,819.56 Other Current Liabilities GST/HST Payable 4,010.00 Payroll Liabilities 25,716.90 PST Payable 240.00 Total Other Current Liabilities 29,966.90 Total Current Liabilities 47,606.33 Long Term Liabilities Term Loan 37,000.00 Total Long Term Liabilities 37,000.00 Total Liabilities 84,606.33 Equity Retained Earnings -53,227.70 Net Income 49,513.97 Total Equity -3,713.73 TOTAL LIABILITIES & EQUITY 80,892.60 6:52 PM Sample Trucking Inc. 12/31/24 Balance Sheet Accrual Basis As of September 30, 2024 Page 1 TruckerAccountant/ca