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| Sep 9th 2007, 11:56 Dimitri Gasser |
August financials
Edited by moderator Aug 11th, 04:29 |
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| Heres the financials for last month, i attempted to use both the template given by capex, and the one given by the slec. the following is what the template from the slec gave me after i plugged in the numbers. it dosent make sence to me, but im tired of f*ckin with it and i never claimed to be an accountant. basically it breaks down like this: i took the 1,040,000 L$ from the ipo, i spent 675,000L$ on purchasing the land, development, and promotions. i have a liquid balance of 365,000 L$. XXX hasent made anything yet, were still in growth phase. Dimitri ----------------------------- Tropical Temptations Financial Summary 31-Aug-07 Assets Under Management Liquid reserve $365,000 Sim " Temptation " $510,000 Total Assets Under Management $875,000 Revenues Funds from I.P.O. $1,040,000 Total Revenues $1,040,000 Expenses Custom Scripting Projects $40,000 Sim Building $85,000 promotions cost $40,000 Sim Purchase $510,000 Total Expenses $675,000 Net Profits $365,000 Dividend Paid $- Profits Retained $365,000 Corporate Asset Totals on August 31, 2007 $365,000 Total Outstanding Shares 2,250,000 Current Share Price $1.78 Profit Margin 35.10% Price to Earnings Ratio 0.91 Net Asset Value per share $0.16 |
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| Sep 9th 2007, 18:25 Andy Grant |
Re: August financials | |
| I have to admit accounting is a headake, specialy the if you plan to use the latest template from slcapex, you did the classic mistake on where to place IPO funds, thats a capital injection not a revenue stream. Very roughly, based on the data i have, this is what i came up with: Balance Sheet: Assets: Current Assets: Cash And Cash Equivalents: 365k Total Current Assets: 365k Long Term Investments: 40k (scripting) Property Plant and Equipment: 595k (land + buildings) Intangible Assets: 1210k (brand values and non-physical stuff like that, wich was priced at preipo to 1210k) Total Assets: 2210k Liabilities: Accounts Payable: 119k(land tier+ads) Total liabilities: 119k Shareholder Equity: Common Stock: 1210k PAID-IN Capital: 1040k Retained Earnings: -159k Total Shareholder Equity: 2091k --- Income Statement: Revenue: 0 Cost of sales: 119k Gross profit: -119k Operating expenses: One time expenses: 635k (land scripting and such) Operating profit: -754k Equity per share: 0,92 Net Tangible Assets per share: 0,39 PE ratio: N/A Thats the balance sheet and income statement constructed with my totaly uneducated and unexperienced accounting undestanding, hope you find it informative, for a good explination on how to add stuff and valuate stuff into the balance sheet and income statement theres a nice overview here: http://beginnersinvest.about.com/cs/investinglessons/l/blles3intro.htm |
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| Sep 9th 2007, 19:29 Dimitri Gasser |
Re: August financials | |
| Thankyou andy very much :) you are accurate with your post. | ||
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