Account Name Total - Year-to-Date
411103-00-0 - Sales Discount - Key Account (55,639.53) 
411104-00-0 - Sales Discount - LB (6,084,246.43) 
 __________________ 
- - - - - - - - - - - - -
501101-00-0 - Cost of Goods Sold – Fuels (670,876,084.49) 
501102-00-0 - Cost of Goods Sold – Lubes (3,965,746.81) 
 __________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching (0.64) 
511104-00-0 - Inventory Gain/Loss (1,257,191.53) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB (0.44) 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy (0.26) 
 __________________ 
- - - - - - - - - - - - -
 __________________ 
 __________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay (202,897.42) 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay (419,423.12) 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa (13,798.08) 
601201-00-0 - SSS Contribution Expense (415,081.60) 
601202-00-0 - PhilHealth Contribution Expense (73,812.50) 
601203-00-0 - PAGIBIG Contribution Expense (56,100.00) 
601204-00-0 - Hospitalization & Medical Expense (33,411.07) 
601205-00-0 - Training Allowance Expense (89,243.00) 
601206-00-0 - Other Allowances (41,972.88) 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
 __________________ 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (159,568.55) 
 __________________ 
- - - - - - - - - - - - -
 __________________ 
- - - - - - - - - - - - -
681106-00-0 - Agency Fee - Salaries Overtime (3,598,290.62) 
 __________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense (394,319.87) 
691104-00-0 - Bank Charges (215,719.42) 
 __________________ 
- - - - - - - - - - - - -
 __________________ 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense (36,965.82) 
 __________________ 
Taxation and Extraordinary Items
801102-00-0 - Provision for Income Tax - Deferred
 __________________ 
 __________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH (6,276,297.24) 
SPI MARGINS 53,057,743.53 
NET MARGINS 46,781,446.29 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (2.65) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  33.64 
Cost of Good Sold per Liter (as purchased from SPI) (30.81) 
Inventory Gain/Loss per liter  (0.06) 
Gross Margin per Liter  2.77 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (4,306.45) 
Page 5
95,211,997.72 99,625,877.26 122,750,296.90 133,401,353.29 
96,114,032.84 100,589,262.37 124,113,572.35 134,865,625.88 
95,427,957.17 99,973,332.35 123,403,694.15 134,036,754.28 
686,075.67 615,930.02 709,878.20 828,871.60 
140,519,461.68 145,704,536.07 172,567,342.57 
142,120,781.55 147,252,120.45 174,211,332.99 
141,183,130.10 146,365,003.17 173,274,214.52 
937,651.45 887,117.28 937,118.47 
Account Name Total - Year-to-Date
411103-00-0 - Sales Discount - Key Account (40,387.84) 
411104-00-0 - Sales Discount - LB (2,973,655.84) 
 __________________ 
- - - - - - - - - - - - -
501101-00-0 - Cost of Goods Sold – Fuels (318,899,566.00) 
501102-00-0 - Cost of Goods Sold – Lubes (1,931,967.74) 
 __________________ 
- - - - - - - - - - - - -
511104-00-0 - Inventory Gain/Loss (417,967.43) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB (0.86) 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy (0.26) 
 __________________ 
- - - - - - - - - - - - -
 __________________ 
 __________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay (177,418.21) 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay (471,998.96) 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa (13,798.08) 
601201-00-0 - SSS Contribution Expense (417,575.50) 
601202-00-0 - PhilHealth Contribution Expense (72,137.50) 
601203-00-0 - PAGIBIG Contribution Expense (56,100.00) 
601204-00-0 - Hospitalization & Medical Expense (14,660.42) 
601205-00-0 - Training Allowance Expense (50,240.00) 
601206-00-0 - Other Allowances (35,959.75) 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
 __________________ 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (72,742.65) 
 __________________ 
- - - - - - - - - - - - -
 __________________ 
- - - - - - - - - - - - -
681106-00-0 - Agency Fee - Salaries Overtime (1,575,731.41) 
 __________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense (85,262.57) 
691104-00-0 - Bank Charges (104,481.36) 
 __________________ 
- - - - - - - - - - - - -
 __________________ 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense (30,303.57) 
 __________________ 
Taxation and Extraordinary Items
801102-00-0 - Provision for Income Tax - Deferred
 __________________ 
 __________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH (2,422,529.02) 
SPI MARGINS 24,672,018.16 
NET MARGINS 22,249,489.14 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (3.39) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  41.12 
Cost of Good Sold per Liter (as purchased from SPI) (37.55) 
Inventory Gain/Loss per liter  (0.05) 
Gross Margin per Liter  3.52 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (1,311.99) 
Page 20
41,198,071.85 37,549,820.03 46,792,494.14 48,043,464.33 
41,702,594.17 38,019,850.62 47,443,999.29 48,739,921.91 
41,363,671.20 37,770,354.77 47,151,867.76 48,423,845.20 
338,922.97 249,495.85 292,131.53 316,076.71 
52,672,848.67 54,852,303.77 70,389,442.07 
53,434,994.71 55,555,992.76 71,162,394.54 
53,085,914.97 55,206,752.94 70,763,692.88 
349,079.74 349,239.82 398,701.66 
Account Name Total - Year-to-Date
411102-00-0 - Sales Discount – Lubes - 
411104-00-0 - Sales Discount - LB (4,470,542.98) 
 _________________ 
- - - - - - - - - - - - -
501101-00-0 - Cost of Goods Sold – Fuels (509,036,903.37) 
501102-00-0 - Cost of Goods Sold – Lubes (2,836,530.27) 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching (0.64) 
511103-00-0 - Inventory Gain/Loss (1,154,546.96) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB 0.42 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy 0.00 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay (25,479.21) 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense (85,508.00) 
601202-00-0 - PhilHealth Contribution Expense (16,262.50) 
601203-00-0 - PAGIBIG Contribution Expense (12,300.00) 
601204-00-0 - Hospitalization & Medical Expense (24,594.89) 
601205-00-0 - Training Allowance Expense (39,003.00) 
601206-00-0 - Other Allowances (12,685.82) 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (127,553.30) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
681106-00-0 - Agency Fee - Salaries Overtime (2,826,107.97) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense (309,147.26) 
691104-00-0 - Bank Charges (166,902.18) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense (7,007.25) 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH (3,853,768.22) 
SPI MARGINS 28,385,725.36 
NET MARGINS 24,531,957.14 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (3.18) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  41.78 
Cost of Good Sold per Liter (as purchased from SPI) (38.32) 
Inventory Gain/Loss per liter  (0.09) 
Gross Margin per Liter  3.37 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (1,449.60) 
Page 35
54,013,925.87 62,076,057.23 75,957,802.76 85,357,888.96 
54,411,438.67 62,569,411.75 76,669,573.06 86,125,703.97 
54,064,285.97 62,202,977.58 76,251,826.39 85,612,909.08 
347,152.70 366,434.17 417,746.67 512,794.89 
87,846,613.01 90,852,232.30 102,177,900.50 
88,685,786.84 91,696,127.69 103,048,938.45 
88,097,215.13 91,158,250.23 102,510,521.64 
588,571.71 537,877.46 538,416.81 
- - - 
- - - 
Account Name Total - Year-to-Date
411104-00-0 - Sales Discount - LB - 
501101-00-0 - Cost of Goods Sold – Fuels (16,103,056.78) 
501102-00-0 - Cost of Goods Sold – Lubes (68,752.47) 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss (51,829.40) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense (8,827.30) 
601202-00-0 - PhilHealth Contribution Expense (1,500.00) 
601203-00-0 - PAGIBIG Contribution Expense (1,000.00) 
601204-00-0 - Hospitalization & Medical Expense (1,272.40) 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (4,538.75) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
681104-00-0 - Agency Fee - Administrative - 
681106-00-0 - Agency Fee - Salaries Overtime (94,597.25) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense (7,000.00) 
691104-00-0 - Bank Charges (2,480.45) 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income 699.57 
701102-00-0 - Final Tax (139.91) 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) 375,650.69 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (3.50) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  38.77 
Cost of Good Sold per Liter (as purchased from SPI) (33.32) 
Inventory Gain/Loss per liter  (0.11) 
Gross Margin per Liter  5.35 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (1,355.27) 
Page 5
2,133,824.64 2,246,613.26 2,482,076.14 2,418,775.96 
2,133,824.64 2,246,613.26 2,482,076.14 2,418,775.96 
2,131,449.61 2,238,055.13 2,472,709.86 2,408,222.21 
2,375.03 8,558.13 9,366.28 10,553.75 
2,646,691.46 3,095,933.87 3,796,095.99 
2,646,691.46 3,095,933.87 3,796,095.99 
2,630,258.49 3,080,197.22 3,780,029.81 
16,432.97 15,736.65 16,066.18 
Account Name Total - Year-to-Date
411104-00-0 - Sales Discount - LB - 
501101-00-0 - Cost of Goods Sold – Fuels - 
501102-00-0 - Cost of Goods Sold – Lubes - 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
601102-00-0 - Salaries and Wages Expense Fuels – Overtime Pay - 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay (1,440.38) 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense (3,840.50) 
601202-00-0 - PhilHealth Contribution Expense (675.00) 
601203-00-0 - PAGIBIG Contribution Expense (600.00) 
601204-00-0 - Hospitalization & Medical Expense - 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (2,832.85) 
 _________________ 
- - - - - - - - - - - - -
671102-00-0 - VIP Maintenance Expense - 
 _________________ 
- - - - - - - - - - - - -
681102-00-0 - Other Services Expense - 
681104-00-0 - Agency Fee - Administrative - 
681106-00-0 - Agency Fee - Salaries Overtime (29,711.90) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense - 
691104-00-0 - Bank Charges - 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income 72.40 
701102-00-0 - Final Tax (14.48) 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH (23,902.95) 
SPI MARGINS 24,390.44 
NET MARGINS 487.49 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) #DIV/0!
Inventory Gain(Loss)/ Net Sales #DIV/0!
Fuel Sales per liter  #DIV/0!
Cost of Good Sold per Liter (as purchased from SPI) #DIV/0!
Inventory Gain/Loss per liter  #DIV/0!
Gross Margin per Liter  #DIV/0!
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. #DIV/0!
Page 20
 _________________ _________________ _________________ _________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 _________________ _________________ _________________ _________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 _________________ _________________ _________________ _________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 _________________ _________________ _________________ _________________ 
 _________________ _________________ _________________ _________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 _________________ _________________ __________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 _________________ _________________ __________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 _________________ _________________ __________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 _________________ _________________ __________________ 
 _________________ _________________ __________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Account Name Total - Year-to-Date
 _________________ 
- - - - - - - - - - - - -
501101-00-0 - Cost of Goods Sold – Fuels (12,900,721.27) 
501102-00-0 - Cost of Goods Sold – Lubes (9,761.40) 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss (48,595.84) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy (0.01) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601102-00-0 - Salaries and Wages Expense Fuels – Overtime Pay - 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay - 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense (1,407.90) 
601202-00-0 - PhilHealth Contribution Expense (287.50) 
601203-00-0 - PAGIBIG Contribution Expense (300.00) 
601204-00-0 - Hospitalization & Medical Expense (835.50) 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (4,634.75) 
 _________________ 
- - - - - - - - - - - - -
671102-00-0 - VIP Maintenance Expense - 
 _________________ 
- - - - - - - - - - - - -
681102-00-0 - Other Services Expense - 
681104-00-0 - Agency Fee - Administrative - 
681106-00-0 - Agency Fee - Salaries Overtime (61,222.00) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense - 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income 734.56 
701102-00-0 - Final Tax (146.92) 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense (345.00) 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH 804,585.38 
SPI MARGINS (223,189.52) 
NET MARGINS 581,395.86 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (1.76) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  43.53 
Cost of Good Sold per Liter (as purchased from SPI) (38.57) 
Inventory Gain/Loss per liter  (0.15) 
Gross Margin per Liter  4.81 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (200.95) 
Page 35
2,636,457.18 3,584,575.82 
2,638,156.81 3,584,575.82 
2,634,402.38 3,583,084.75 
3,754.43 1,491.07 
2,853,922.45 2,511,598.41 2,984,489.13 
2,853,922.45 2,511,598.41 2,984,489.13 
2,853,815.31 2,511,446.61 2,978,212.31 
107.14 151.80 6,276.82 
Account Name Total - Year-to-Date
 _________________ 
- - - - - - - - - - - - -
501101-00-0 - Cost of Goods Sold – Fuels (15,897,981.91) 
501102-00-0 - Cost of Goods Sold – Lubes (141,445.91) 
 _________________ 
- - - - - - - - - - - - -
511104-00-0 - Inventory Gain/Loss (31,631.47) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy (0.01) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay (1,621.45) 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense (6,611.50) 
601202-00-0 - PhilHealth Contribution Expense (1,100.00) 
601203-00-0 - PAGIBIG Contribution Expense (1,100.00) 
601204-00-0 - Hospitalization & Medical Expense (822.00) 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (1,994.00) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
681106-00-0 - Agency Fee - Salaries Overtime (82,168.98) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense (1,000.00) 
691104-00-0 - Bank Charges (9,912.73) 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income 3,584.46 
701102-00-0 - Final Tax (716.86) 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH 584,948.15 
SPI MARGINS 70,678.89 
NET MARGINS 655,627.04 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (2.72) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  40.14 
Cost of Good Sold per Liter (as purchased from SPI) (35.89) 
Inventory Gain/Loss per liter  (0.07) 
Gross Margin per Liter  4.18 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (240.79) 
Page 50
2,475,404.60 2,305,758.49 2,742,764.04 2,884,104.30 
2,479,579.35 2,321,240.80 2,763,521.92 2,910,191.15 
2,453,539.26 2,303,946.05 2,745,990.78 2,879,267.39 
26,040.09 17,294.75 17,531.14 30,923.76 
2,687,617.53 2,376,021.07 2,474,002.62 
2,714,470.51 2,398,875.54 2,493,899.99 
2,690,501.65 2,373,422.63 2,469,114.28 
23,968.86 25,452.91 24,785.71 
Account Name Total - Year-to-Date
411104-00-0 - Sales Discount - LB - 
501101-00-0 - Cost of Goods Sold – Fuels (791,005.54) 
501102-00-0 - Cost of Goods Sold – Lubes (2,725.31) 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss 13,261.15 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay - 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense - 
601202-00-0 - PhilHealth Contribution Expense - 
601203-00-0 - PAGIBIG Contribution Expense - 
601204-00-0 - Hospitalization & Medical Expense - 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (346.00) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
 _________________ 
691103-00-0 - Penalties Expense - 
- - - - - - - - - - - - -
 _________________ 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH (835.48) 
SPI MARGINS 153,378.77 
NET MARGINS 152,543.29 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (0.83) 
Inventory Gain(Loss)/ Net Sales 0.02 
Fuel Sales per liter  48.69 
Cost of Good Sold per Liter (as purchased from SPI) (46.32) 
Inventory Gain/Loss per liter  0.78 
Gross Margin per Liter  3.15 
OPEX per Liter 
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (1.26) 
Page 65
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 _________________ _________________ _________________ _________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12,552.88 822,068.78 
12,552.88 822,068.78 
12,552.88 819,068.82 
Account Name Total - Year-to-Date
 _________________ 
- - - - - - - - - - - - -
501101-00-0 - Cost of Goods Sold – Fuels (3,978,682.72) 
501102-00-0 - Cost of Goods Sold – Lubes (36,530.94) 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss (7,754.55) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601102-00-0 - Salaries and Wages Expense Fuels – Overtime Pay - 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay - 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense (3,169.40) 
601202-00-0 - PhilHealth Contribution Expense (575.00) 
601203-00-0 - PAGIBIG Contribution Expense (600.00) 
601204-00-0 - Hospitalization & Medical Expense (356.75) 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (1,549.75) 
 _________________ 
- - - - - - - - - - - - -
671102-00-0 - VIP Maintenance Expense - 
 _________________ 
- - - - - - - - - - - - -
681102-00-0 - Other Services Expense - 
681104-00-0 - Agency Fee - Administrative - 
681106-00-0 - Agency Fee - Salaries Overtime (43,208.83) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense - 
691104-00-0 - Bank Charges - 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income 728.56 
701102-00-0 - Final Tax (123.75) 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH 480,464.65 
SPI MARGINS (562,737.50) 
NET MARGINS (82,272.85) 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (5.42) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  42.33 
Cost of Good Sold per Liter (as purchased from SPI) (32.28) 
Inventory Gain/Loss per liter  (0.06) 
Gross Margin per Liter  9.99 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (194.46) 
Page 80
68,008.52 740,791.64 
68,008.52 747,078.15 
67,515.66 739,510.35 
492.86 7,567.80 
1,051,453.79 1,557,983.39 1,839,763.30 
1,068,742.63 1,589,783.67 1,879,159.14 
1,059,971.20 1,576,922.93 1,868,189.46 
8,771.43 12,860.74 10,969.68 
Account Name Total - Year-to-Date
 _________________ 
- - - - - - - - - - - - -
501101-00-0 - Cost of Goods Sold – Fuels (9,185,824.96) 
501102-00-0 - Cost of Goods Sold – Lubes (29,346.19) 
 _________________ 
- - - - - - - - - - - - -
511104-00-0 - Inventory Gain/Loss (31,899.35) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay (14,117.86) 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense (19,098.20) 
601202-00-0 - PhilHealth Contribution Expense (3,087.50) 
601203-00-0 - PAGIBIG Contribution Expense (2,100.00) 
601204-00-0 - Hospitalization & Medical Expense (1,107.85) 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (2,327.00) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
681106-00-0 - Agency Fee - Salaries Overtime (54,664.36) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense (1,000.00) 
691104-00-0 - Bank Charges (24,650.61) 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income 796.33 
701102-00-0 - Final Tax (159.26) 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH 557,822.38 
SPI MARGINS (1,168,149.25) 
NET MARGINS (610,326.87) 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (5.15) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  40.98 
Cost of Good Sold per Liter (as purchased from SPI) (32.02) 
Inventory Gain/Loss per liter  (0.11) 
Gross Margin per Liter  8.85 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (829.32) 
Page 95
630,977.27 676,381.76 1,634,895.76 1,873,531.74 
630,977.27 679,123.80 1,661,489.13 1,906,023.25 
628,352.19 674,556.83 1,657,609.55 1,901,295.51 
2,625.08 4,566.97 3,879.58 4,727.74 
2,104,742.20 2,247,108.39 2,623,033.47 
2,142,364.98 2,265,231.10 2,623,033.47 
2,132,511.32 2,262,146.22 2,617,211.90 
9,853.66 3,084.88 5,821.57 
Account Name Total - Year-to-Date
411102-00-0 - Sales Discount – Lubes - 
411104-00-0 - Sales Discount - LB (222,175.70) 
 _________________ 
- - - - - - - - - - - - -
501101-00-0 - Cost of Goods Sold – Fuels (25,909,602.40) 
501102-00-0 - Cost of Goods Sold – Lubes (156,579.58) 
 _________________ 
- - - - - - - - - - - - -
511104-00-0 - Inventory Gain/Loss (100,161.88) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense (2,160.00) 
601202-00-0 - PhilHealth Contribution Expense (400.00) 
601203-00-0 - PAGIBIG Contribution Expense (400.00) 
601204-00-0 - Hospitalization & Medical Expense (271.80) 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (1,597.75) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
681106-00-0 - Agency Fee - Salaries Overtime (123,065.71) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense (1,000.00) 
691104-00-0 - Bank Charges (1,594.81) 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income 66.67 
701102-00-0 - Final Tax (13.33) 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
Financial Subsidy-Adjustment (Jan.to Apr. Net Income)
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH 651,869.92 
SPI MARGINS 3,810,998.95 
NET MARGINS 4,462,868.87 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (1.54) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  44.72 
Cost of Good Sold per Liter (as purchased from SPI) (42.05) 
Inventory Gain/Loss per liter  (0.16) 
Gross Margin per Liter  2.50 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. 1,239.82 
Page 110
3,756,159.77 4,245,256.58 4,879,757.21 4,033,470.47 
3,856,753.21 4,353,836.96 5,012,647.65 4,148,386.84 
3,830,829.09 4,323,542.28 4,972,241.36 4,107,404.72 
25,924.12 30,294.68 40,406.29 40,982.12 
3,699,922.54 3,258,283.65 3,897,257.22 
3,794,928.23 3,332,642.49 4,008,983.50 
3,762,191.68 3,307,173.57 3,987,036.92 
32,736.55 25,468.92 21,946.58 
Account Name Total - Year-to-Date
411104-00-0 - Sales Discount - LB - 
501101-00-0 - Cost of Goods Sold – Fuels - 
501102-00-0 - Cost of Goods Sold – Lubes - 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay - 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense - 
601202-00-0 - PhilHealth Contribution Expense - 
601203-00-0 - PAGIBIG Contribution Expense - 
601204-00-0 - Hospitalization & Medical Expense - 
601205-00-0 - Training Allowance Expense - 
 _________________ 
681102-00-0 - Other Services Expense - 
681104-00-0 - Agency Fee - Administrative - 
681106-00-0 - Agency Fee - Salaries Overtime (6,619.04) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense - 
691104-00-0 - Bank Charges - 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income - 
701102-00-0 - Final Tax - 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
Financial Subsidy-Adjustment (Jan.to Apr. Net Income)
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH - 
SPI MARGINS 3,810,998.95 
NET MARGINS 3,810,998.95 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (0.62) 
Inventory Gain(Loss)/ Net Sales #DIV/0!
Fuel Sales per liter  - 
Cost of Good Sold per Liter (as purchased from SPI) - 
Inventory Gain/Loss per liter  - 
Gross Margin per Liter  - 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. #DIV/0!
Page 125
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 _________________ _________________ _________________ _________________ 
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 _________________ _________________ __________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 _________________ _________________ __________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 _________________ _________________ __________________ 
 _________________ _________________ __________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Account Name Total - Year-to-Date
411104-00-0 - Sales Discount - LB - 
501101-00-0 - Cost of Goods Sold – Fuels - 
501102-00-0 - Cost of Goods Sold – Lubes - 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay (118,604.07) 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense (259,938.30) 
601202-00-0 - PhilHealth Contribution Expense (43,512.50) 
601203-00-0 - PAGIBIG Contribution Expense (33,800.00) 
601204-00-0 - Hospitalization & Medical Expense (2,109.82) 
601205-00-0 - Training Allowance Expense (50,240.00) 
601206-00-0 - Other Allowances (22,136.07) 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (394.00) 
 _________________ 
- - - - - - - - - - - - -
671102-00-0 - VIP Maintenance Expense - 
671103-00-0 - Materials Supplies Expense - 
- - - - - - - - - - - - -
 _________________ 
691103-00-0 - Penalties Expense (49,903.28) 
691104-00-0 - Bank Charges (1,750.00) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income 6,886.34 
701102-00-0 - Final Tax (1,143.37) 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense (29,958.57) 
 _________________ 
Taxation and Extraordinary Items
801102-00-0 - Provision for Income Tax - Deferred - 
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
Financial Subsidy-Adjustment (May Income Tax Provision)
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH (5,239,577.14) 
SPI MARGINS - 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) #DIV/0!
Inventory Gain(Loss)/ Net Sales #DIV/0!
Fuel Sales per liter  #DIV/0!
Cost of Good Sold per Liter (as purchased from SPI) #DIV/0!
Inventory Gain/Loss per liter  #DIV/0!
Gross Margin per Liter  #DIV/0!
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. #DIV/0!
Page 140
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 _________________ _________________ _________________ _________________ 
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 _________________ _________________ __________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Account Name Total - Year-to-Date
 _________________ 
- - - - - - - - - - - - -
501101-00-0 - Cost of Goods Sold – Fuels (1,859,674.64) 
501102-00-0 - Cost of Goods Sold – Lubes (11,190.13) 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss 10,285.28 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay - 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense - 
601202-00-0 - PhilHealth Contribution Expense - 
601203-00-0 - PAGIBIG Contribution Expense - 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (561.00) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
681104-00-0 - Agency Fee - Administrative - 
681105-00-0 - Security Services - Administrative - 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense - 
- - - - - - - - - - - - -
 _________________ 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH (122,326.74) 
SPI MARGINS 361,349.19 
NET MARGINS 239,022.45 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (4.15) 
Inventory Gain(Loss)/ Net Sales 0.01 
Fuel Sales per liter  50.65 
Cost of Good Sold per Liter (as purchased from SPI) (48.73) 
Inventory Gain/Loss per liter  0.27 
Gross Margin per Liter  2.19 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (266.18) 
Page 155
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 _________________ _________________ _________________ _________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
427,050.72 1,519,305.51 
428,761.99 1,535,992.59 
426,623.53 1,524,684.51 
2,138.46 11,308.08 
Account Name Total - Year-to-Date
 _________________ 
- - - - - - - - - - - - -
501101-00-0 - Cost of Goods Sold – Fuels (2,309,571.04) 
501102-00-0 - Cost of Goods Sold – Lubes (4,132.59) 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss (4,989.76) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay - 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense - 
601202-00-0 - PhilHealth Contribution Expense - 
601203-00-0 - PAGIBIG Contribution Expense - 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (848.00) 
 _________________ 
- - - - - - - - - - - - -
671102-00-0 - VIP Maintenance Expense - 
 _________________ 
- - - - - - - - - - - - -
681102-00-0 - Other Services Expense - 
681103-00-0 - Agency Fee - Salaries - 
681104-00-0 - Agency Fee - Administrative - 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense - 
- - - - - - - - - - - - -
 _________________ 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH (35,803.78) 
SPI MARGINS 170,890.94 
NET MARGINS 135,087.16 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (1.10) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  47.64 
Cost of Good Sold per Liter (as purchased from SPI) (45.54) 
Inventory Gain/Loss per liter  (0.10) 
Gross Margin per Liter  1.99 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (85.57) 
Page 170
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 _________________ _________________ _________________ _________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
24,452.79 2,396,135.02 
24,452.79 2,399,682.48 
24,452.79 2,394,691.42 
Account Name Total - Year-to-Date
411104-00-0 - Sales Discount - LB - 
501101-00-0 - Cost of Goods Sold – Fuels (1,918,547.87) 
501102-00-0 - Cost of Goods Sold – Lubes (5,452.63) 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss 12,710.42 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay - 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense - 
601202-00-0 - PhilHealth Contribution Expense - 
601203-00-0 - PAGIBIG Contribution Expense - 
601204-00-0 - Hospitalization & Medical Expense - 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (624.00) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
681102-00-0 - Other Services Expense - 
681103-00-0 - Agency Fee - Salaries - 
681104-00-0 - Agency Fee - Administrative - 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense - 
691104-00-0 - Bank Charges - 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income 305.31 
701102-00-0 - Final Tax (61.06) 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH 11,108.62 
SPI MARGINS 139,440.71 
NET MARGINS 150,549.33 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (1.23) 
Inventory Gain(Loss)/ Net Sales 0.01 
Fuel Sales per liter  46.16 
Cost of Good Sold per Liter (as purchased from SPI) (43.55) 
Inventory Gain/Loss per liter  0.29 
Gross Margin per Liter  2.90 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. 18.27 
Page 185
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 _________________ _________________ _________________ _________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
43,070.70 1,996,681.71 
43,070.70 1,996,681.71 
43,070.70 1,990,320.14 
Account Name Total - Year-to-Date
 _________________ 
- - - - - - - - - - - - -
501101-00-0 - Cost of Goods Sold – Fuels (32,741,235.42) 
501102-00-0 - Cost of Goods Sold – Lubes (202,430.23) 
 _________________ 
- - - - - - - - - - - - -
511104-00-0 - Inventory Gain/Loss (16,829.42) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601102-00-0 - Salaries and Wages Expense Fuels – Overtime Pay - 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay (3,666.67) 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense (4,380.70) 
601202-00-0 - PhilHealth Contribution Expense (687.50) 
601203-00-0 - PAGIBIG Contribution Expense (700.00) 
601204-00-0 - Hospitalization & Medical Expense (37.50) 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (2,545.50) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
681106-00-0 - Agency Fee - Salaries Overtime (119,306.77) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense (1,193.75) 
691104-00-0 - Bank Charges (6,906.34) 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income 1,054.54 
701102-00-0 - Final Tax (210.90) 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH (465,751.47) 
SPI MARGINS 3,940,956.51 
NET MARGINS 3,475,205.04 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (1.64) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  43.28 
Cost of Good Sold per Liter (as purchased from SPI) (41.05) 
Inventory Gain/Loss per liter  (0.02) 
Gross Margin per Liter  2.21 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (677.36) 
Page 200
3,832,069.47 3,880,852.72 5,084,114.15 5,414,177.02 
3,876,184.13 3,900,898.03 5,220,888.99 5,576,873.86 
3,846,197.62 3,867,286.39 5,188,112.10 5,539,543.55 
29,986.51 33,611.64 32,776.89 37,330.31 
5,369,841.78 5,279,550.39 5,904,918.65 
5,539,789.53 5,444,632.64 6,115,506.70 
5,502,642.36 5,409,351.23 6,077,149.74 
37,147.17 35,281.41 38,356.96 
Account Name Total - Year-to-Date
411104-00-0 - Sales Discount - LB - 
501101-00-0 - Cost of Goods Sold – Fuels - 
501102-00-0 - Cost of Goods Sold – Lubes - 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
601102-00-0 - Salaries and Wages Expense Fuels – Overtime Pay - 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay (1,440.38) 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense (4,769.10) 
601202-00-0 - PhilHealth Contribution Expense (787.50) 
601203-00-0 - PAGIBIG Contribution Expense (700.00) 
601204-00-0 - Hospitalization & Medical Expense - 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
 _________________ 
681102-00-0 - Other Services Expense - 
681104-00-0 - Agency Fee - Administrative - 
681106-00-0 - Agency Fee - Salaries Overtime (20,836.40) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense (1,000.00) 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income - 
701102-00-0 - Final Tax - 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH - 
SPI MARGINS - 
NET MARGINS - 
GROSS PROFIT
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) #DIV/0!
Inventory Gain(Loss)/ Net Sales #DIV/0!
Fuel Sales per liter  #DIV/0!
Cost of Good Sold per Liter (as purchased from SPI) #DIV/0!
Inventory Gain/Loss per liter  #DIV/0!
Gross Margin per Liter  #DIV/0!
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. #DIV/0!
Page 215
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 _________________ _________________ _________________ _________________ 
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 _________________ _________________ __________________ 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Account Name Total - Year-to-Date
 _________________ 
- - - - - - - - - - - - -
501101-00-0 - Cost of Goods Sold – Fuels (26,233,822.56) 
501102-00-0 - Cost of Goods Sold – Lubes (78,112.68) 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss (5,974.98) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay (5,453.18) 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense (10,396.90) 
601202-00-0 - PhilHealth Contribution Expense (1,675.00) 
601203-00-0 - PAGIBIG Contribution Expense (1,500.00) 
601204-00-0 - Hospitalization & Medical Expense (229.55) 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (2,666.50) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
681106-00-0 - Agency Fee - Salaries Overtime (116,069.36) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense (1,000.00) 
691104-00-0 - Bank Charges (21,845.21) 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income 1,287.26 
701102-00-0 - Final Tax (257.44) 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH 754,869.34 
SPI MARGINS (112,654.04) 
NET MARGINS 642,215.30 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (1.75) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  37.89 
Cost of Good Sold per Liter (as purchased from SPI) (34.89) 
Inventory Gain/Loss per liter  (0.01) 
Gross Margin per Liter  2.99 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (39.33) 
Page 230
3,974,397.22 4,077,264.24 4,833,198.64 4,084,565.75 
3,978,626.43 4,077,264.24 4,833,198.64 4,084,565.75 
3,966,791.50 4,065,710.59 4,814,966.52 4,068,458.39 
11,834.93 11,553.65 18,232.12 16,107.36 
3,974,750.50 3,893,521.47 3,743,587.24 
3,974,750.50 3,893,521.47 3,743,587.24 
3,962,683.52 3,879,900.93 3,732,846.16 
12,066.98 13,620.54 10,741.08 
Account Name Total - Year-to-Date
411102-00-0 - Sales Discount – Lubes - 
 _________________ 
- - - - - - - - - - - - -
501101-00-0 - Cost of Goods Sold – Fuels (24,266,179.01) 
501102-00-0 - Cost of Goods Sold – Lubes (67,769.76) 
 _________________ 
- - - - - - - - - - - - -
511104-00-0 - Inventory Gain/Loss (125,670.68) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay - 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense - 
601202-00-0 - PhilHealth Contribution Expense - 
601203-00-0 - PAGIBIG Contribution Expense - 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (5,820.00) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
681102-00-0 - Other Services Expense - 
681106-00-0 - Agency Fee - Salaries Overtime (99,940.94) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense (1,000.00) 
691104-00-0 - Bank Charges 17.64 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income 1,077.57 
701102-00-0 - Final Tax (215.52) 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH (554,787.17) 
SPI MARGINS 4,183,275.24 
NET MARGINS 3,628,488.07 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (2.27) 
Inventory Gain(Loss)/ Net Sales (0.01) 
Fuel Sales per liter  47.96 
Cost of Good Sold per Liter (as purchased from SPI) (46.17) 
Inventory Gain/Loss per liter  (0.24) 
Gross Margin per Liter  1.55 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (497.44) 
Page 245
3,524,099.95 3,167,781.60 3,575,742.37 3,449,425.43 
3,603,147.72 3,236,414.89 3,651,760.37 3,523,519.54 
3,589,879.93 3,225,906.10 3,640,528.28 3,517,296.48 
13,267.79 10,508.79 11,232.09 6,223.06 
3,591,214.89 3,743,519.74 4,230,825.58 
3,670,040.49 3,818,680.55 4,315,037.74 
3,656,915.50 3,808,912.61 4,304,194.15 
13,124.99 9,767.94 10,843.59 
Account Name Total - Year-to-Date
411104-00-0 - Sales Discount - LB - 
501101-00-0 - Cost of Goods Sold – Fuels (804,045.67) 
501102-00-0 - Cost of Goods Sold – Lubes (7,884.06) 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss (1,227.97) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay - 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense - 
601202-00-0 - PhilHealth Contribution Expense - 
601203-00-0 - PAGIBIG Contribution Expense - 
601204-00-0 - Hospitalization & Medical Expense - 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (341.75) 
 _________________ 
- - - - - - - - - - - - -
671102-00-0 - VIP Maintenance Expense - 
 _________________ 
- - - - - - - - - - - - -
681102-00-0 - Other Services Expense - 
681103-00-0 - Agency Fee - Salaries - 
681104-00-0 - Agency Fee - Administrative - 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense - 
- - - - - - - - - - - - -
 _________________ 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH (45,456.60) 
SPI MARGINS 163,580.36 
NET MARGINS 118,123.76 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (3.23) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  49.97 
Cost of Good Sold per Liter (as purchased from SPI) (47.16) 
Inventory Gain/Loss per liter  (0.07) 
Gross Margin per Liter  2.73 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (80.01) 
Page 260
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- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
25,374.94 835,138.28 
25,374.94 835,138.28 
25,374.94 826,459.70 
Account Name Total - Year-to-Date
411102-00-0 - Sales Discount – Lubes - 
 _________________ 
- - - - - - - - - - - - -
501101-00-0 - Cost of Goods Sold – Fuels (14,823,245.32) 
501102-00-0 - Cost of Goods Sold – Lubes (111,892.22) 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss (29,503.88) 
511105-00-0 - Inventory Revaluation Due to Discount - Lubes - 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601102-00-0 - Salaries and Wages Expense Fuels – Overtime Pay - 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay (3,263.37) 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense (8,892.30) 
601202-00-0 - PhilHealth Contribution Expense (1,462.50) 
601203-00-0 - PAGIBIG Contribution Expense (1,300.00) 
601204-00-0 - Hospitalization & Medical Expense (269.50) 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (2,470.50) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
681104-00-0 - Agency Fee - Administrative - 
681106-00-0 - Agency Fee - Salaries Overtime (63,319.88) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense (1,000.00) 
691104-00-0 - Bank Charges (7,103.96) 
- - - - - - - - - - - - -
 _________________ 
701101-00-0 - Interest Income 698.69 
701102-00-0 - Final Tax (139.73) 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH 649,129.79 
SPI MARGINS (51,510.98) 
NET MARGINS 597,618.81 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (2.44) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  39.64 
Cost of Good Sold per Liter (as purchased from SPI) (35.26) 
Inventory Gain/Loss per liter  (0.07) 
Gross Margin per Liter  4.31 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. (579.99) 
Page 275
2,521,426.60 2,150,075.54 2,378,133.00 2,125,565.73 
2,524,419.84 2,154,344.29 2,381,400.58 2,129,372.88 
2,504,446.71 2,135,616.58 2,362,239.81 2,110,354.96 
19,973.13 18,727.71 19,160.77 19,017.92 
1,887,685.46 2,712,994.14 3,019,623.24 
1,891,589.51 2,717,084.03 3,023,369.75 
1,873,460.11 2,700,914.23 3,003,409.99 
18,129.40 16,169.80 19,959.76 
Account Name Total - Year-to-Date
411104-00-0 - Sales Discount - LB - 
501101-00-0 - Cost of Goods Sold – Fuels (3,062,417.27) 
501102-00-0 - Cost of Goods Sold – Lubes (67,965.61) 
 _________________ 
- - - - - - - - - - - - -
511102-00-0 - Inventory Revaluation Due to Price Matching - 
511104-00-0 - Inventory Gain/Loss (1,827.24) 
511106-00-0 - Inventory Revaluation Due to Discount - Key Account - 
511107-00-0 - Inventory Revaluation Due to Discount - LB - 
511108-00-0 - Inventory Revaluation Due to Financial Subsidy - 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
 _________________ 
601103-00-0 - Salaries and Wages Expense Fuels - 13th Month Pay - 
601104-00-0 - Salaries and Wages Expense Trucking – Basic Pay - 
601105-00-0 - Salaries and Wages Expense Trucking – Overtime Pay - 
601106-00-0 - Salaries and Wages Expense Trucking - 13th Month Pa - 
601201-00-0 - SSS Contribution Expense - 
601202-00-0 - PhilHealth Contribution Expense - 
601203-00-0 - PAGIBIG Contribution Expense - 
601204-00-0 - Hospitalization & Medical Expense - 
601205-00-0 - Training Allowance Expense - 
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
661102-00-0 - Photocopying and Printing Expense (740.50) 
 _________________ 
- - - - - - - - - - - - -
 _________________ 
- - - - - - - - - - - - -
681106-00-0 - Agency Fee - Salaries Overtime (58,052.71) 
 _________________ 
- - - - - - - - - - - - -
691103-00-0 - Penalties Expense - 
- - - - - - - - - - - - -
 _________________ 
701104-00-0 - Extraordinary Income/Loss - 
701106-00-0 - Interest Expense - 
 _________________ 
Taxation and Extraordinary Items
 _________________ 
 _________________ 
Financial Subsidy-Net Loss
ACTUAL NET PROFIT/(LOSS) FOR THE MONTH (311,607.79) 
SPI MARGINS 134,592.14 
NET MARGINS (177,015.65) 
OPEX per LITER excluding rent (Total OPEX/Total Volume Sold) (5.42) 
Inventory Gain(Loss)/ Net Sales (0.00) 
Fuel Sales per liter  39.56 
Cost of Good Sold per Liter (as purchased from SPI) (36.80) 
Inventory Gain/Loss per liter  (0.02) 
Gross Margin per Liter  2.74 
OPEX per Liter 
Breakeven Volume per day no rental subsidy
Total Station Profit/(Loss)/GM per liter/no. of months/30 days/no. 282.55 
Page 290
3,292,330.73 
73,958.54 
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 _________________ _________________ __________________ 
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