Copy of Rev4!15!2011 Majnal Annual Fs Per Bir

8/2/2019 Copy of Rev4!15!2011 Majnal Annual Fs Per Bir

1/70

ADAPTIVE TECHNOLOIES CORP.

SCHEDULE OF DEPRECIATION

FOR THE YEAR 2010

1.00

T I N - 002-562-619-000

ESTIMATED

KIND OF PROPERTY METHOD LIFE BEGINNING

OFF. FURN. & FIXT. Straight Line 10 years 624,218.00

TRANSPORTATION EQUIPMENT OFFICE EQPT. Straight Line 10 years 953,871.00

SHOP TOOLS & EQPT. 10 years 945,613.00

LEASEHOLD IMPROVEMENT 5 years 40,554.00

TOTAL 2,564,256.00

PROVISION MONTHLYKIND OF PROPERTY BEGINNING THIS YEAR DEPRECIATION

OFF. FURN. & FIXT. 97,138.00 608,300.00 9,713.80 809.48

TRANSPORTATION EQUIPMENT OFFICE EQPT. 750,001.00 953,870.00 75,000.10 6,250.01

SHOP TOOLS & EQPT. 393.00 945,613.00 39.30 3.28

LEASEHOLD IMPROVEMENT 40,554.00 - 8,110.80 675.90

7,738.67

TOTAL 2,507,783.00 92,864.00

NOTES:

Transportation & Shop Tools are Fully Depreciated as of Dec 2008

Leasehold Improvement was purchased on 2008 8,110.80

Office Furnitures & Fixtures: Only the Add'l are charged of Dep'n

2,400,697.00 #REF!

22.42 #REF!

51.11

10


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DEPRECIABLE COST

ADDITION DISPOSITION ENDING

81,220.00 705,438.00

750,000.00 1,703,871.00

393.00 946,006.00

40,554.00

831,613.00 - 3,395,869.00

DEPRECIABLE COST NET BOOKDISPOSITION ENDING VALUE

618,013.80 87,424.20

1,028,870.10 675,000.90

945,652.30 353.70

8,110.80 32,443.20

- 2,600,647.00 795,222.00

#REF!

#REF!


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T I N - 002-562-619-000

-

REFERENCE DATE DATE

Description O.R. NO. PAID AMOUNT

Community Tax Certificate 00042986 6/18/2010 2,202.36

Barangay Clearance 4741426 5/20/2010 500.00

Business Tax 10041473J 6/18/2010 20,335.40 16,268.32

Mayors Fee 3,000.00 1,200.00

2,400.00

Garbage Fee 3,000.00 400.0060.00

Sanitary Fee 1,000.00 100.00

16.00

Health Certificate Fee 200.00 24.00

120.00

Building Fee 150.00 4.00

20,592.32

Electrical Fee 250.00

Signboard Fee 40.00

Plumbing Fee 60.00

Zoning Fee 300.00

Fire Fee

Other Fees 10.00

Penalty

Annual Registration Fee BPI-Alabang 1/25/2009 500.00

T O T A L 31,547.76

ADAPTIVE TECHNOLOIES CORP.

SUMMARY OF TAXES & LICENSES

FOR THE YEAR 2009


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51,640.08

31,047.76

Monthly Amortization

-

41.67

41.67


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LIGHT & WATER

Period Payment Date O.R No. Gross Amount Net Amount Input Tax

Debit

- - -


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RENT EXPENSE

Period Payment Date O.R No. Cash In Bank WHT - E Input Tax Rent Expense

Credit Credit Debit Debit

Jan-10 2/15/2010 21,828.00 1,020.00 2,448.00 20,400.00 INCLUDED IN THE CHEC

Feb-10 3/12/2010 21,828.00 1,020.00 2,448.00 20,400.00 INCLUDED IN THE CHEC

43,656.00 2,040.00 4,896.00 40,800.00

45,696.00 45,696.00

-

Jan-10 2/15/2010 21,828.00 1,020.00 2,448.00 20,400.00

Feb-10 3/12/2010 21,828.00 1,020.00 2,448.00 20,400.00


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DISBURSEMENT JOURNAL

DISBURSEMENT JOURNAL


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JOURNAL ENTRY:

DEBIT CREDIT DEBIT CREDIT DEBITSalaries & Wages 31,494.00 31,494.00 49,097.60EB - SSS Premium 2,226.00 2,155.40 3,498.00EB - ECC Premium 30.00 30.00 40.00EB - Phic Premium 375.00 375.00 562.50EB - HMDF Premium 300.00 300.00 400.00

SSS Premium Payble 3,276.00 3,172.00ECC Premium Payble 30.00 30.00SSS Loan Payable - -Phic Premium Payable 750.00 750.00HMDF Premium Payable 600.00 600.00

Withholding Tax Payable Payable - -

Advances to EmployeesCash In Bank 29,769.00 29,802.40

TOTAL 34,425.00 34,425.00 34,354.40 34,354.40 53,598.10

- -

OVERTIME PAY:

JANUARY FEBRUARY MARCH APRIL MAYReynante H. Pizarro 2,905.73 977.40 1,647.10 1,787.35 -Alexiel K. Aranas 4,113.23 1,423.11 2,588.30 2,920.00 2,249.50

Adrian C. Dequito 4,624.55 1,730.81 1,470.63 2,487.50 3,710.00Sha An Carandang 65.00 422.50

TOTAL 11,643.51 4,131.32 5,771.03 7,194.85 6,382.00

Date Released May 2010 May 2010 April 2010 April 2010 July 2010

JANUARY 2010 FEBRUARY 2010 MARC


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CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT39,126.95 54,830.00 49,425.00

3,427.40 3,498.00 3,498.00

40.00 40.00 40.00

562.50 587.50 562.50

400.00 400.00 400.00

5,148.20 5,044.00 5,148.00 5,148.00

40.00 40.00 40.00 40.00

- - - -

1,125.00 1,125.00 1,175.00 1,125.00

800.00 800.00 800.00 800.00

- - - -

46,484.90 36,547.85 52,192.50 46,812.50

53,598.10 43,556.85 43,556.85 59,355.50 59,355.50 53,925.50 53,925.50

- - - -

JUNE JULY AUGUST SEPTEMBER1,237.50 511.88 2,115.00 1,237.50

780.00 812.50 3,555.00 780.00

1,327.50 - 5,378.75 2,567.50162.50 172.25 65.00 341.25

3,507.50 1,496.63 11,113.75 4,926.25

July 2010 September 2010 September 2010 October 2010

2010 APRIL 2010 MAY 2010 JUNE 2010


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DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT48,075.00 50,325.00 50,566.68 61,840.053,286.10 3,427.30 3,498.00 4,487.30

40.00 40.00 40.00 40.00550.00 587.50 562.50 737.50400.00 400.00 400.00 500.00

4,836.00 5,044.00 5,148.00 6,604.0040.00 40.00 40.00 40.00

- - - -1,100.00 1,175.00 1,125.00 1,475.00

800.00 800.00 800.00 1,000.00- - - -

45,575.10 47,720.80 47,954.18 58,485.85

52,351.10 52,351.10 54,779.80 54,779.80 55,067.18 55,067.18 67,604.85 67,604.85

- - - -

JULY 2010 AUGUST 2010 SEPTEMBER 2010 OCTOBER 2010


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DEBIT CREDIT DEBIT CREDIT62,711.58 7,194.85

4,487.30

50.00

737.50

500.00

6,604.00

50.00

1,475.00

1,000.00

-

5,771.0359,357.38 4,131.32

68,486.38 68,486.38 - - 7,194.85 9,902.35

- - (2,707.50)

OVERTIME PAY

NOVEMBER 2010 DECEMBER 2010 ADJUSTMENT


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ASSETS ACQUISITION:

Date Description Cost

estimated life

(yr)

Annual

Depreciation Mont

21-Jan-11 Tenda W311R+ Wireless N Router 1,200.00 3 400.00 33

Date Description Cost

estimated life

(yr)

Annual

Depreciation Mont

24-Feb-11 Bundy Clock Office Equipment 6,250.00 5 1,250.00 1041-Feb-11 2 Tables for Sales Office Furnitures & Fixtures 3,987.50 10 398.75 33

TOTAL 10,237.50 1,648.75 137


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Daily

Depreciation as

of Feb 28

3.47 17.3633.23

50.59


15/70

On Hand

ARTICLE: LOAD CELL

Inv # Quantity Cost Amount Inv #1/29/2011 Rice Lake: $717 x 44.15 1 31,655.55 31,655.55

2/8/2011 S/N 51655 (Calasiao) 001023-Mar-11 Rice Lake Weighing System s/n 1715998 1

TOTAL 31,655.55 31,655.55

ARTICLE: LOAD CELL CABLE

Inv #

Quantity(Roll) Cost Amount Inv #

3/23/2011 Rice Lake Weighing System 1715998 1 0006

TOTAL 0.00 0.00

ARTICLE: LOAD CELL

Inv # Quantity Cost Amount Inv #

1/29/2011

Rice Lake S/N 52885 5288652888, 52882, 52892, 52893:

$2,142 x 44.15 6 15,761.55 94,569.302/5/2011 S/N 52885, 52886, 52888 0006

3/6/2011 00063/16/2011 Rice Lake Weighng System s/n 5 2193952 33/23/2011 Rice Lake Weighng System s/n 5 1715998 3

TOTAL 15,761.55 94,569.30

ARTICLE: JUNCTION BOX


1/29/2011

Rice Lake Weighng Systems,Inc.: $222 x 44.15 2184820 2 4,900.65 9,801.30 0006

3/16/2011 Rice Lake Weighng Systems 2193952 2 9,908.57

Date Supplier/CustomerBuy In

Date Supplier/Customer


Buy In

Buy In



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3/6/2011 Unilever Phils., Inc. 0006

TOTAL 4,900.65 19,709.87

ARTICLE: DIGITAL WEIGHT INDICATOR


1/29/2011

Rice Lake Weighng Systems,Inc.: $630 x 1 1 27,814.50 27,814.50

1/29/2011 S/N 1571100042, Complete w/1/29/2011 1x Analog output 1 7,947.00 7,947.001/29/2011 1x A-B Remote 10 1 17,218.50 17,218.501/29/2011 1x 4 Channel Relay rack 1 2,295.80 2,295.80

1/29/2011 2x OPTO G41AC5A relayModule 180-280VAC/DC (yellw) 1 1,589.40 1,589.40

1/29/2011

2x OPTO G40AC5A relayModule 240-280VAC (black) 1 1,589.40 1,589.40

2/5/2011 All IN Items on Jan 29, 2011 was 0006

3/16/2011

Rice Lake Weignhing Systems;S/N 1575400035 w/ the same asabove 2193952 1

3/23/2011

Rice Lake Weignhing Systems;s/n 1576500057, 1576500061,

1576700016 1715998 33/24/2011 Zi-Techasia 1576700016 0015

TOTAL 58,454.60 58,454.60

ARTICLE: CAPACITATIVE LEVEL SENSOR


1/24/2011 Tradepoints 9118 1 53,765.00 53,765.00 0006

TOTAL 53,765.00 53,765.00




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ARTICLE: BALANCE


1/19/2011

Ricelakes Weighing systems,Inc. 2184512 1 28,333.62 28,333.62

TOTAL 28,333.62 28,333.62

ARTICLE: BALANCE


2/7/2011

Ricelakes Weighing systems,

Inc. 2188961 1 29,350.02 29,350.02

TOTAL 29,350.02 29,350.02

ARTICLE: TEST WEIGHTS


31-Aug-10

Ricelakes Weighing systems,Inc. 1 Set 4,645.00 4,645.00

TOTAL 4,645.00 4,645.00

ARTICLE: GEARED MOTOR


02-Feb-11 Indent Industrial Trading 1 128,639.35 128,639.35

Buy InDate Supplier/Customer

Buy In

Supplier/Customer



DateBuy In


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TOTAL 128,639.35 128,639.35

ARTICLE: BALANCE


3/14/2011

Ricelakes Weighing systems,Inc. s/nos 103758018,103758011, 103758010 2197321 2 0.00Adapter -do- 2

3/15/2011

Ricelakes Weighing systems,Inc. s/nos 103758018,103758011, 103758010 2197321 2 0013Adapter -do- 2 0013

TOTAL 0.00 0.00

ARTICLE: PRINTER RIBBON


23-Mar-11

Rice Lake Weighing Systemcode: 15744 1715998 4

TOTAL 0.00 0.00

TOTAL 449,122.31Total




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DESCRIPTION: RL9000TWM 50K, P/N84361 ACCOUNTSStock on Hand Bank & Other PAYABLE

Quantity Price Amount Balance Charges as of 02/28/20111

1 31,655.55 - -1.00

31,655.55 -

DESCRIPTION: EL 147, 6-Conductor PN 15517Stock on Hand

Quantity(Roll) Price Amount Balance

1 0

- -

DESCRIPTION: RL9000TWM 10K, P/N84356

Stock on HandQuantity Price Amount Balance

6

3 47284.65 47284.65 33 0

36

47,284.65 47,284.65

DESCRIPTION: Model EL20, P/N 73428Stock on Hand

Quantity Price Amount Balance

1 4900.65 13

Sell (Out)

Sell (Out)

Sell (Out)

Sell (Out)


20/70

1 2

- 4,900.65

DESCRIPTION: Model IQ+710, P/N52052Stock on Hand


1

234

5

6

6 58,454.60 0.00 -

1.00

4.001 3.00

$58,454.60 $0.00

DESCRIPTION: Vegecap CP62Stock on Hand


1 53765 - -

$53,765.00 $0.00

Sell (Out)

Sell (Out)


21/70

DESCRIPTION: Model TC-4200, 1gStock on Hand


28333.62 1 4095.27 24,238.35

- 28,333.62

DESCRIPTION: Model TC-4200, s/n 103738037Stock on Hand


1 29,350.02 - 0

29,350.02 -



4645 1

$0.00 4,645.00



128639.35 1

Sell (Out)

Sell (Out)

Sell (Out)

Sell (Out)


22/70

$0.00 128,639.35

DESCRIPTION: RL Model TC-1200x0.1gStock on Hand


- - 24

2 22 0

- -



4

$0.00 0.00

220,509.82 213,803.27 4,095.27 24,238.35Sold End purchases

soldend

Sell (Out)

Sell (Out)


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beginning INVENTORY INVENTORY SOLD OUTAdd'l on March AS OF MARCH 2011 On March

31,655.55

31,655.55

9,801.30 9,801.30


24/70

58,454.60

58,454.60

0.00


25/70

28,333.62 28,333.62

4,645.00 4,645.00

128,639.35 128,639.35

( to record the


26/70

0.000.00

00

128,245.07 133,284.35 143,085.65 118,443.77133,284.35 261,529.42

118,443.77 (187,592.89)143,085.6570,717.62

124,482.62


27/70


28/70


29/70

sold inventory)


30/70

ADAPTIVE TECHNOLOGIES CORP.

VAT ANALYSIS

FOR DECEMBER 2008

SALES PURCHASES TAX CREDIT MONTHLY

MONTH NET AMOUNT OUTPUT TAX NET AMOUNT INPUT TAX FROM 3RD QTR VAT PAYABLE

December 167,500.00 20,100.00 91,263.66 10,951.64 9,148.36


VAT ANALYSIS

FOR THE YEAR 2009


MONTH NET AMOUNT OUTPUT TAX NET AMOUNT INPUT TAX FROM 2008 VAT PAYABLE

January - - 20,400.00 2,448.00 - (2,448.00)

February - - 20,400.00 2,448.00 (2,448.00)

March 39,000.00 4,680.00 24,373.03 2,924.76 (1,755.24)

April 371,500.00 44,580.00 20,741.07 2,488.93 42,091.07May - - 20,541.96 2,465.04 (2,465.04)

June 446,000.00 53,520.00 680,070.79 81,608.49 (28,088.49)

July 1,663,800.00 199,656.00 99,184.83 11,902.18 187,753.82

August 20,000.00 2,400.00 301,882.05 36,225.85 (33,825.85)

September 1,393,500.00 167,220.00 357,899.49 42,947.94 124,272.06

October 2,200.00 264.00 352,588.46 42,310.62 (42,046.62)

November 774,500.00 92,940.00 350,261.58 42,031.39 50,908.61

December 132,000.00 15,840.00 563,749.20 67,649.90 (51,809.90)

Total 2009 4,842,500.00


VAT ANALYSISFOR THE YEAR 2011


MONTH NET AMOUNT OUTPUT TAX NET AMOUNT INPUT TAX VAT PAYABLE

January - - 41,294.17 4,955.30 - (4,955.30)

February - - - - -

March - - 1,025,133.17 123,015.98 (123,015.98)

Total 0.00 0.00 1,066,427.33 127,971.28

VALUE ADDED TAX 2011




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January - - 20,400.00 2,448.00 (2,448.00)

February - - 20,400.00 2,448.00 (2,448.00)

March 39,000.00 4,680.00 24,373.03 2,924.76 (3,140.76)

April 371,500.00 44,580.00 20,741.07 2,488.93 42,091.07

May - - 20,541.96 2,465.04 (2,465.04)

June 446,000.00 53,520.00 680,070.79 81,608.49 (28,088.49)

July 1,663,800.00 199,656.00 99,184.83 11,902.18 187,753.82

August 20,000.00 2,400.00 301,882.05 36,225.85 (33,825.85)

September 1,393,500.00 167,220.00 357,899.49 42,947.94 124,272.06

October 2,200.00 264.00 352,588.46 42,310.62 (42,046.62)

November 774,500.00 92,940.00 350,261.58 42,031.39 50,908.61December 132,000.00 15,840.00 563,749.20 67,649.90 (51,809.90)

Total 2009 4,842,500.00 581,100.00 2,812,092.46 337,451.10 238,752.90


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-


34/70

(To be filled u b the BIR)DLN: PSIC:

Fill in all applicable spaces. Mark all appropriate boxes with an X.1 For the Month of (MM/YYYY) 2 Amended 3 Number of sheets

Return Yes No attachedPart I B a c k g r o u n d I n f o r m a t i o n4 TIN 5 RDO 6 Line of Business

Code

7 Taxpayer's Name (For Individual)Last Name, First Name, Middle Name/(For Non-individual) Registered Name 8 Telephone Numb

9 Registered Address 10 Zip Code

11 Are you availing of tax relief under Special Law If yes, specify

or International Tax Treaty? Yes No

Part II Computation of Tax (Attach additional sheets, if necessary)

Sales/Receipts for the Month (Exclusive of VAT)

12 Vatable Sales/Receipt- Private (Sch.1) 12B

13 Sales to Government 13B

14 Zero Rated Sales/Receipts

15 Exempt Sales/Receipts

16 Total Sales/Receipts and Output Tax Due 16B17 Less: Allowable Input Tax

17A Input Tax Carried Over from Previous Period 17A

17B Input Tax Deferred on Capital Goods Exceeding P1Million from Previous Period 17B

17C Transitional Input Tax 17C

17D Presumptive Input Tax 17D

17E Others 17E

17F Total (Sum of Item 17A,17B,17C,17D &17E) 17F

18 Current Transactions Purchases

18A/B Purchase of Capital Goods not exceeding P1Million (see sch.2) 18A 18B

18C/D Purchase of Capital Goods exceeding P1Million (see sch.3) 18C 18D

18E/F Domestic Purchases of Goods Other than Capital Goods 18E 18F

18G/H Importation of Goods Other than Capital Goods 18G 18H

18I/J Domestic Purchase of Services 18 I 18J

18K/L Services rendered by Non-residents 18K 18L

18M Purchases Not Qualified for Input Tax 18M18N/O Others 18N 18O

18PTotal Current Purchases (Sum of Item 18A,18C,18E,18G,18I,18K,18M&18N) 18P

19 Total Available Input Tax (Sum of Item 17F,18B,18D,18F,18H,18J,18L & 18O) 19

20 Less: Deductions from Input Tax

20A Input Tax on Purchases of Capital Goods exceeding P1Milliondeferred for the succeeding period (Sch.3) 20A

20B Input Tax on Sale to Govt. closed to expense (Sch.4) 20B

20C Input Tax allocable to Exempt Sales (Sch.5) 20C

20D VAT Refund/TCC claimed 20D

20E Others 20E

20F Total (Sum of Item 20A,20B,20C,20D & 20E ) 20F

21 Total Allowable Input Tax (Item19 less Item 20F) 21

22 Net VAT Payable (Item 16B less Item 21) 22

23 Less: Tax Credits/Payments

23A Creditable Value-Added Tax Withheld (Sch. 6) 23A23B Advance Payments for Sugar and Flour Industries (Sch.7) 23B

23C VATwithheld on Sales to Government (Sch.8) 23C

23D VAT paid in return previously filed, if this is an amended return 23D

23E Advance Payments made (please attach proof of payments - BIR Form No. 0605) 23E

23F Others 23F

23G Total Tax Credits/Payments (Sum of Item 23A,23B,23C, 23D, 23E & 23F) 23G

24 Tax Still Payable/(Overpayment) (Item 22 less Item 23G) 24

25 Add: Penalties Surcharge Interest Compromise

25A 25B 25C 25D

26 Total Amount Payable/(Overpayment) (Sum of Item 24 and 25D) 26

I declare, under the enalties of er ur , that this return has been made in ood faith, verified b me, and to the best of m knowled e, andis true and correct, ursuant to the rovisions of the National Internal Revenue Code, as amended, and the re ulations issued under authorit

15

16A

Output Tax Due for t

12A

13A

14

53A

Republika ng Pilipinas

Kagawaran ng Pananalapi

Kawanihan ng Rentas Internas

BIR Form No.

February 2007 (EN

Monthly Value-Added TaxDeclaration 2550

TRADING0 0 2 5 6 2 6 1 9

THE ADAPTIVE TECHNOLOGIES CORP. 836-4089

1

x0 3 2 0 1 1 0

1,633,900.00

1,633,900.00 196,068.00

196,068.00

107 MARCOS ALVAREZ AVE., TALON UNO LAS PIAS CITY

-

38,132.0

1,198,082.01 143,769.8

784,765.43

1,982,847.44143,769.8

143,769.8452,298.16

14,166.14

38,132.0


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27 28

Tax Agent Acc. No./Atty's Roll No.(if applicable)Part III Details of PaymentDrawee Bank/ Date

Particulars Agency Number MM DD YYYY Amount29 Cash/Bank 29A 29B 29C 29D

Debit Memo...................................................................... ..........30 Check 30A 30B 30C 30D31 Tax Debit

Memo ..............

32 Others 32A 32B 32C 32D

Machine Validation (if filed with an accredited agent bank)/Revenue Official Receipt Details (If not filed with an Authorized Agent Bank)

Title/Position of Signatory TIN of Signatory

B

Date of Issuance Date of Expiry TIN of Signatory

Recand

Title/Position of Signatory

EMMANUEL O. PRIETOPresident/Vice President/Principal Officer/Accredited Tax Agent/ Treasurer/Assistant Treasure

Authorized Representative/Taxpayer (Signature Over Printed Name)(Signature Over Printed Name)

PRESIDENT 100-187-042

1,001.4331A 31C31B


36/70

er

- -

- -

-

- -

- -

-

34,920.00

(34,920.00)

34,920.00 72,920.00 #########belief,thereof.

e Month

CS)M

7 4 7

3

2

2


37/70

nature/

r's Initial)

offfice/AABf Receipt


38/70


39/70


40/70


41/70


42/70


43/70

Adaptive Technologies Corp

Invoice Summary for the Year Ended December 31, 2010

Date Invoice No. Client Gross Ammount Vatable Amount Output Tax

1/5/2010 1967 Coca Cola Bottlers Phils., Inc. 392,000.00 350,000.00 42,000.00



1/18/2010 1970 Coca Cola Bottlers Phils., Inc. 392,000.00 350,000.00 42,000.00Total forJanuary 2010 1,568,000.00 1,400,000.00 168,000.00




Total for February 2010 846,720.00 756,000.00 90,720.00




3/4/2010 1975 Unilever Philippines, Inc. 19,040.00 17,000.00 2,040.00

3/12/2010 1977 Coca Cola Bottlers Phils., Inc. 85,120.00 76,000.00 9,120.003/15/2010 1978 Coca Cola Bottlers Phils., Inc. 24,640.00 22,000.00 2,640.00


Total for March 2010 1,355,170.00 1,209,973.21 145,196.79

Total for 1st Quarter 3,769,890.00 3,365,973.21 403,916.79




Total for April 2010 846,720.00 756,000.00 90,720.00



5/17/2010 1983 Nestle Philippines, Inc. 21,952.00 19,600.00 2,352.00




Total for May 2010 806,512.00 720,100.00 86,412.00



6/29/2010 1988 Coca Cola Bottlers Phils., Inc. 423,360.00 378,000.00 45,360.00Total for June 2010 445,200.00 397,500.00 47,700.00

Total for 2nd Quarter 2,098,432.00 1,873,600.00 224,832.00


7/2/2010 1989 Siemens, Inc. 30,000.00 26,785.71 3,214.29

7/20/2010 1990 Zi-Techasia Technologies 53,700.00 47,946.43 5,753.57



44/70


Total for July 2010 959,540.00 856,732.14 102,807.86





Total for August 2010 598,080.00 534,000.00 64,080.00


9/4/2010 1996 Zi-Techasia Technologies 38,080.00 34,000.00 4,080.00




Total for September 2010 248,640.00 222,000.00 26,640.00

Total for 3rd Quarter 1,806,260.00 1,612,732.14 193,527.86


10/12/2010 0001 Unilever Phils., Inc. 71,120.00 63,500.00 7,620.00

- -

Total for October 2010 71,120.00 63,500.00 7,620.00





Total for November 2010 427,840.00 382,000.00 45,840.00



12/23/2010 0006 Unilever Phils., Inc. 1,209,600.00 1,080,000.00 129,600.00

Total for December 2010 1,260,000.00 1,125,000.00 135,000.00

Total for 4th Quarter 1,758,960.00 1,570,500.00 188,460.00

GRANDTOTAL 9,433,542.00 8,422,805.36 1,010,736.64

-

Adaptive Technologies Corp

Invoice Summary for the Year Ended December 31, 2011 Input Tax

Date Invoice No. Client Gross Ammount Vatable Amount Output Tax Input Tax

1/3/2011 0007 ACPAK INC. 117,600.00 105,000.00 12,600.00

1/13/2011 0008 Unilever RFM Ice Cream, Inc. 51,520.00 46,000.00 5,520.00

- -


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Total forJanuary 2011 169,120.00 151,000.00 18,120.00 0.00


- -

0009 Magnolia Inc. 47,040.00 42,000.00 5,040.00

0010 CCBPI - Calasiao 109,760.00 98,000.00 11,760.00

Total for February 2011 156,800.00 140,000.00 16,800.00 0.00

MARCH 2011

Actual Date Invoice No. Client Gross Ammount Vatable Amount Output Tax Input Tax

12/23/2010 0006 Unilever 1,209,600.00 1,080,000.00 129,600.00

3/15/2011 0013 Telstar 192,640.00 172,000.00 20,640.00

3/23/2011 0015 Zi-Teachasia 101,808.00 90,900.00 10,908.00

Total for March 2011 1,504,048.00 1,342,900.00 161,148.00 0.00

EXCLUDE PER BIR

3/1/2011 0011 Tradepoints 92,400.00 82,500.00 9,900.00

Total for 1st Quarter 1,829,968.00 1,633,900.00 196,068.00

APRIL 2011


0011 Cancelled - -

3/3/2011 0012 Unilever Phils. , Inc. 21,280.00 19,000.00 2,280.00

3/16/2011 0014 Unilever RFM Ice Cream, Inc. 341,000.00 304,464.29 36,535.71

3/23/2011 0016 CCBPI - Cagayan De Oro 122,080.00 109,000.00 13,080.00

- -

Total for April 2011 484,360.00 432,464.29 51,895.71


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291,000.00


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VAT Payable

VAT Payable


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18,120.00

16,800.00

VAT Payable

161,148.00


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GROSS SALES 0.00 P

COST OF SALES 0.00

GROSS PROFIT 0.00

OPERATING EXPENSES

Salaries and wages 0.00Supplies expenses 0.00

Repairs and maintenance 0.00Fuel and oil 0.00

SSS ECC & PHIC contributions 0.00Utilities 0.00Professional Fee 0.00Representation 0.00Communication 0.00Transportation and Travel 0.00Delivery freight charages 0.00

Association dues 0.00Taxes & licenses 0.00Miscellaneous expense 0.00

0.00TOTAL OPERATING EXPENSES 0.00

INCOME BEFORE INCOME TAX -

PROVISION FOR INCOME TAX - MCIT -

NET INCOME -

DEFICIT, BEGINNING -

DEFICIT, END - P

STATEMENT OF INCOME & RETAINED EARNINGS

FOR THE QUARTER ENDED JUNE 30, 2010

STX CORPORATION


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0.00

0.00

0.00

0.000.00

0.000.00

0.000.000.000.000.000.000.00

0.000.000.00

0.00

-

-

-

-

-


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DECEMBER 2011

Gross Amount Net Amount Output TaxPlacement Fee 50,000.00 44,642.86 5,357.14Placement Fee 50,000.00 44,642.86 5,357.14Placement Fee 50,000.00 44,642.86 5,357.14Placement Fee 50,000.00 44,642.86 5,357.14

Placement Fee 50,000.00 44,642.86 5,357.14Placement Fee 150,000.00 133,928.57 16,071.43Placement Fee 50,000.00 44,642.86 5,357.14TOTAL 450,000.00 401,785.71 48,214.29

\


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usefull lifeyrs

Input Tax 36,650.87Assets 163,573.21 5Leasehold Improvement 149,192.33 5Communication 21,686.07

Miscellaneous 39,241.99Meals 14,368.75Repairs and Maintenance 14,438.75 WHTRent Expense 289,911.00 NET OF 5% 15,258.47Office Supplies 13,676.13Pantry Supplies 1,394.48Purified Water 540.00Electricity 34,710.18Maintaining Water 1,750.00

Photocopy 3,128.50Transpo 9,050.00Representation 10,369.70

Hotel Accommodation 56,424.63Salaries 148,750.00Taxes 13,497.00Catering Services (Miscellaneous) 14,446.43Allowance (Meals & Substinence 3,000.00Airfare CS 251,293.07Advertisement 2,300.00Bonus 13TH Month 15,000.00Medical CS 650.00

TOTAL 1,309,043.09

Depreciation 31,276.55WHT on Rent 15,258.47GRAND TOTAL 1,340,319.64

41,273.00

43,445.26

WHT Payable - December 2,172.26


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Annual Monthly July to Dec TotalDepr Depr Reg. To BIR

32,714.64 2,726.22 16,357.3229,838.47 2,486.54 14,919.23 31,276.55

TOTAL RENT305,169.47


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MAJNAL RECRUITMENT AND PLACEMENT INC.

STATEMENT OF INCOME

FOR THE MONTH ENDED:

INCOME STATEMENT FOR

THE MONTH ENDED

DECEMBER 31, 2011

--------------------------------------SERVICE INCOME:

Placement Fee Php401,785.71TOTAL SALES Php401,785.71

COST OF SALES/SERVICE

AIRFARE 251,293.07MEDICAL 650.00

TOTAL COST OF SERVICE 251,943.07

GROSS PROFIT 149,842.64

ADM./OPERATING EXPENSES 0.37

RENTAL EXPENSES 305,169.47SALARIES & WAGES 148,750.00HOTEL ACCOMMODATION 56,424.63LIGHT AND WATER 37,000.18COMMUNICATION 21,686.07MEAL AND SUBSTINENCE 31,368.75DEPRN - OFFICE FURNITURES & FIXTURES 16,357.32DEPRN - LEASEHOLD IMPROVEMENT 14,919.23

13TH MONTH PAY & BONUSES 15,000.00

OFFICE SUPPLIES AND PANTRIES 18,470.61REPAIRS AND MAINTENANCE 14,438.75

TAXES & LICENSES 63,497.00REPRESENTATION 310,369.70TRANSPORTATION AND TRAVEL 38,050.00PRINTING/ PHOTOCOPY 3,128.50ADVERTISEMENT 2,300.00

MISCELLANEOUS EXPENSE 378,688.42TOTAL ADMIN/OPERATING EXPENSES 1,475,618.64

INCOME (LOSS) BEFORE INCOME TAX (1,325,775.99)

PROVISION FOR INCOME TAX -

INCOME (LOSS) (Php1,325,775.99)

TAX DUE:

MCIT (Minimum Corporate Income Tax) 2% of Gross Profit -NORMAL TAX RATE -

*** whichever is higher


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0.63

0.37

*** There is no MCIT because the company was exempt for the first three years of operation*** No tax due on Normal Tax Rate because the result of operation is Net Loss


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BALANCE SHEET

(PER BIR)

AS OF:

A S S E T S

Current AssetsCashEscrow Bond

Surety BondCreditable Input TaxRental Deposits

Total Current Assets

Property, Plant & Equipment

Office Furnitures and FixturesLeasehold Improvement

Total

Less: Accum. Deprn.

Accum Depr. - Off. Furnitures & FixturesAccum. Amort'n - Leasehold ImprovementTotal Accummulated Depreciation

Net

TOTAL ASSETS

LIABILITIES AND STOCKHOLDER'S EQUITY

CURRENT LIABILITIESWithholding Tax Payable - Rent

Total Current Liabilities

STOCKHOLDER'S EQUITYAuthorize Capital Stock, P2MSubscribed and paid up capital stock, P2MRetained Earnings - beg.Add/Deduct: Net Income(Loss)

Total Stockholder's Equity

TOTAL LIABILITIES & STOCKHOLDER'S EQUITY


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2011

Capital Stock:

Balance at the Beginning of the year 2,000,000.00

Subscription during the year -

Balance at end of the year 2,000,000.00

Retained Earnings

Balance at the Beginning of the year -

Add: Profit (Loss) for the year (1,325,775.99)

Balance at end of the year (1,325,775.99)

NET WORTH 674,224.01


Statement of Changes in Equity

For the Year Ended December 31, 2011


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Service Income 401,785.71

Cost of Service (251,943.07)

Gross Profit 149,842.64

Administrative and Operaating Expenses (1,475,618.64)

Income/(Loss) from Operation (1,325,775.99)

Income tax expense -

Income/(Loss) after tax (1,325,775.99)

Retained Earnings at the start of the year -

Retained Earnings at the end of the year (1,325,775.99)

See Notes to Financial Statements.


Statements of Income and Retained Earnings



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Income (loss) before income tax (1,325,775.99)

Adjustments for non-cash income and expenses:

Depreciation 31,276.55

Operating income before working capital changes (1,294,499.44)

Decrease (increase) in:

Creditable Input Tax (36,650.87)

Rental Deposit (123,819.00)

Escrow Bond

Surety Bond

Withholding Tax Payable 2,172.26

Cash generated from operations (158,297.61)

Income taxes paid -

Net cash provided by (used in) operating activities -

Cash flows from investing activities

Acquisition of property and equipment (448,765.54)

Net cash provided by (used in) investing activities (448,765.54)

Cash flows from financing activities

Initial Capital 2,000,000.00

Net cash provided by (used in) financing activities 2,000,000.00

Net Increase (decrease) in cash and cash equivalents 98,437.41

Cash at the beginning of the year -

Cash at the end of the year 98,437.41


STATEMENTS OF CASH FLOWS



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ASSETS

Current Assets

Cash and Cash Equivalents 68,437.41

Other Curreent Assets 160,469.87

Total current assets 228,907.28

Noncurrent Assets

Property, Plant, and Equipment - net 417,488.99

Total non-current assets 417,488.99

TOTAL ASSETS 646,396.27

LIABILITIES AND EQUITY

Current Liabilities

Withholding Tax Payable 2,172.26

Total current liabilites 2,172.26

Equity

Retained Earnings 674,224.01

Total stockholders equity 674,224.01

676,396.27

See Notes to Financial Statements.


TOTAL LIABILITIES AND EQUITY


STATEMENT OF FINANCIAL POSITION


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2011

Cash on hand and in bank 68,437.41

68,437.41

2011

Plccement fee 401,785.71

Total 401,785.71

2011

Member's Benefit 398,598.75

Meals and Subsistence 54,151.80

Collection Fee 61,044.00

Light and Water 18,896.45

Honorarium 32,200.00

Donation -

Printing and Photocopy 11,220.00

Representation 18,558.00

Repairs and Maintenance 15,758.25

Depreciation 850Office Supplies 2,191.75

Uniforms 94,821.25

Transportation and Travel 3,530.00

Federation Fee 600

Communication Expense 480

Advertisement 2,951.00

Notarial Fee 290

Miscellaneous Expense 33,982.00

750,123.25


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34 Total Amount Payable/(Overpayment)(Sum of Items 32 and 33D).. 34

We declare, under the penalties of perjury that this return has been made in good faith, verified by us, and to the best of our knowledge ais true and correct, pursuant to the provisions of the National Internal Revenue Code, as amended, and the regulations issued under authority

35A 35B

Part III D e t a i l s of P a y m e n tDrawee Bank/ Date

Particulars Agency Number MM DD YYYY Amount36 Cash/Bank 36A 36B 36C 36D

Debit Memo

37 Check 37A 37B 37C 37D

38 Tax Debit 38A 38B 38CMemo

39 Others 39A 39B 39C 39D

Machine Validation/Revenue Official Receipt Details (If not filed with the bank)

\mariam

(Signature Over Printed Name) (Signature Over Printed

NENITA T. GONZAGAPresident/Vice President/Principal Officer/Accredited Tax Agent/ Treasurer/Assistant Tre

VP OPERATIONS MANAGERTitle/Position of Signatory TIN of Signatory Title/Position of Signa

Tax Agent Acc. No./Atty's Roll No. (if applicable) Date of Issuance Date of Expiry TIN of Signatory

8,001.27

8,001.2


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PSIC:

et/s attached

Telephone No.

C

egular Rate1,633,900.00

1,193,470.93

440,429.07

-

440,429.07

670,308.22

(229,879.15)

-

8,808.58

20,891.71

(12,083.13)

Deduction

rm No.

02Q

0 3

ecruitment

2,032,821.43

871,600.43

1,161,221.00

570,793.93

590,427.07

95,686.38

686,113.45

-

1,161,221.00

08 (ENCS)

48,899.85

48,899.85


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nd belief,hereof.

Stamp of ReceivingOffice/AAB andDate of Receipt

ame)surer

(RO's Signature/

Bank Teller's Initial)

ory


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STATEMENT OF CHANGES IN EQUITY

FOR THE MONTH ENDED

SHARE IN CAPITALOrdinary Shares - P100.00 par value

Authorized - 50,000 shares

Issued and Outstanding 5,000,000.00 5,000,000.00

CUMULATIVE EARNINGS

Balance at the beginning of the quarter - -

Add/Deduct Net Income /(Loss) - -

---------------------------- ----------------------------

Balance at the end of the month - -

TOTAL EQUITY 5,000,000.00 5,000,000.00

- -

- -

1ST QTR 2ND QTR


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5,000,000.00

-

#REF!

----------------------------

#REF!

#REF!

-

#REF!

3RD QTR


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Documents

Copy of Rev4!15!2011 Majnal Annual Fs Per Bir