HAL-PC Revenues & Expenses -- May 1998 (unaudited)
Jul 2, 1998 HAL-PC Page 1
3:34 am STATEMENT OF REVENUES AND EXPENSES
1 Month Ended 12 Months Ended
May 31, 1998 May 31, 1998
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REVENUES
Interest income $1,692.36 1.2% $15,610.64 1.0%
Presentation fees 7,499.70 5.4% 87,772.95 5.4%
Vendor fees 935.00 0.7% 19,456.25 1.2%
Shortage 0.00 0.0% (0.04) -0.0%
External Internet feeds 850.00 0.6% 7,400.00 0.5%
Revenue - Other 0.00 0.0% 930.24 0.1%
Donations to HAL-PC 177.85 0.1% 867.66 0.1%
Rental income - Headquarters 0.00 0.0% 400.00 0.0%
Rental income - Special events 0.00 0.0% 795.00 0.0%
Advertising - Magazine 10,846.00 7.8% 125,673.63 7.8%
Annual dues 38,951.81 27.9% 443,366.52 27.5%
BBS class fees 0.00 0.0% 438.60 0.0%
Internet setup fees - Exempt 0.00 0.0% 225.00 0.0%
Internet monthly fees - Exempt 1,380.00 1.0% 16,820.00 1.0%
HTML class fees 130.00 0.1% 1,410.00 0.1%
Donations to HAL-PC Clear Lake 0.00 0.0% (402.36) -0.0%
Daytime Workshop class fees 2,005.00 1.4% 23,855.00 1.5%
HAL-PC Clear Lake class fees 820.00 0.6% 8,230.00 0.5%
Exempt pipeline sales 612.00 0.4% 3,309.00 0.2%
Taxable revenues
CD-ROM sales 69.00 0.0% 6,173.15 0.4%
Electronic parts sales 138.57 0.1% 26,623.04 1.7%
Extended HALNet fees 204.24 0.1% 204.24 0.0%
Digital camera sales 99.00 0.1% 9,492.05 0.6%
Diskette Sales 0.00 0.0% 1.84 0.0%
Internet setup fees 6,570.00 4.7% 120,201.41 7.5%
Internet setup fees-Clear Lake 405.00 0.3% 1,859.94 0.1%
Internet monthly fees 63,334.53 45.3% 678,900.24 42.1%
Internet monthly fees - CL 280.00 0.2% 1,790.00 0.1%
Pipeline sales 2,401.84 1.7% 6,712.12 0.4%
Sale of diskettes 3.70 0.0% 3.70 0.0%
Monitor sales 0.00 0.0% 1,160.00 0.1%
Phone line sales 0.00 0.0% 960.00 0.1%
Refreshment sales 0.00 0.0% 358.80 0.0%
Shirt sales 0.00 0.0% 174.35 0.0%
Study guide sales 253.12 0.2% 1,452.01 0.1%
Videotape sales 0.00 0.0% 49.00 0.0%
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TOTAL Sales Taxable For Sales Tax
73,759.00 52.8% 856,115.89 53.1%
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FOR DISCUSSION PURPOSES ONLY
8Jul 2, 1998 HAL-PC Page 2
3:34 am STATEMENT OF REVENUES AND EXPENSES
1 Month Ended 12 Months Ended
May 31, 1998 May 31, 1998
============ ======= ============ =======
TOTAL REVENUES 139,658.72 100.0% 1,612,273.98 100.0%
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****** NET REVENUES 139,658.72 100.0% 1,612,273.98 100.0%
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Cost of Goods Sold
Digital camera sales cost 0.00 0.0% 10,540.00 0.7%
CD-ROM sales cost 0.00 0.0% 6,388.86 0.4%
Monitor sales cost 0.00 0.0% 1,888.00 0.1%
Electronic parts sales cost 60.00 0.0% 28,798.27 1.8%
Study guide sales cost 39.40 0.0% 2,823.99 0.2%
Pipeline sales cost 5,575.00 4.0% 11,550.00 0.7%
Refreshment sales cost 0.00 0.0% 883.74 0.1%
Shirt sales cost 0.00 0.0% 191.56 0.0%
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TOTAL Cost of Goods Sold 5,674.40 4.1% 63,064.42 3.9%
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****** ADJUSTED NET REVENUES 133,984.32 95.9% 1,549,209.56 96.1%
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EXPENSES
Accounting 1,319.34 0.9% 29,873.61 1.9%
Advertising 5,015.00 3.6% 56,459.07 3.5%
Audio visual 7,162.00 5.1% 79,775.50 4.9%
Awards 0.00 0.0% 41.37 0.0%
Bad debts 0.00 0.0% 1.65 0.0%
Bank charges 0.00 0.0% 25.00 0.0%
Color proofs 0.00 0.0% 238.06 0.0%
Credit card expense 3,349.10 2.4% 22,827.02 1.4%
Contract labor 1,377.38 1.0% 18,597.40 1.2%
Decorations, chairs & tables 743.25 0.5% 11,843.96 0.7%
Delivery service 26.00 0.0% 1,534.75 0.1%
Depreciation and amortization 660.00 0.5% 7,920.00 0.5%
Amortization expense leasehold 1,399.19 1.0% 16,790.28 1.0%
Dues & subscriptions 0.00 0.0% 84.00 0.0%
Duplication services 0.00 0.0% 970.70 0.1%
Electrical 4,642.02 3.3% 24,862.24 1.5%
Electronic parts 4,517.38 3.2% 23,507.09 1.5%
Employee payroll 9,809.47 7.0% 57,528.16 3.6%
Entertainment and meals 342.42 0.2% 11,006.25 0.7%
Equipment rental 89.00 0.1% 1,113.27 0.1%
First aid services 120.00 0.1% 1,070.00 0.1%
Freight 54.60 0.0% 1,244.02 0.1%
FOR DISCUSSION PURPOSES ONLY
8Jul 2, 1998 HAL-PC Page 3
3:34 am STATEMENT OF REVENUES AND EXPENSES
1 Month Ended 12 Months Ended
May 31, 1998 May 31, 1998
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Information services 19.90 0.0% 174.50 0.0%
Insurance - Other 11,897.00 8.5% 26,794.00 1.7%
Interest expense (14.85) -0.0% 30.37 0.0%
Licenses and fees 3,571.95 2.6% 37,962.08 2.4%
Management fees 3,500.00 2.5% 35,000.00 2.2%
Manuals 429.73 0.3% 8,902.58 0.6%
Maintenance 0.00 0.0% 4,076.76 0.3%
Miscellaneous 0.00 0.0% 594.03 0.0%
Moving expense 0.00 0.0% 9,304.21 0.6%
Office supplies and expense 672.18 0.5% 9,338.47 0.6%
Parking 0.00 0.0% 201.80 0.0%
Payroll taxes 773.28 0.6% 4,471.14 0.3%
Penalties 0.00 0.0% 15.00 0.0%
Photography 15.00 0.0% 344.69 0.0%
Plaques, trophies & awards 0.00 0.0% 7.98 0.0%
Postage 5,891.45 4.2% 36,538.47 2.3%
Printing 27,942.34 20.0% 143,120.56 8.9%
Promotions 0.00 0.0% 719.94 0.0%
Rent - Headquarters 2,970.35 2.1% 23,842.27 1.5%
Rent - General meeting 2,500.00 1.8% 35,000.00 2.2%
Rent - Vendor areas 800.00 0.6% 8,500.00 0.5%
Rent - Special events 0.00 0.0% 1,500.00 0.1%
Repairs 840.30 0.6% 5,670.88 0.4%
Security and patrol 200.00 0.1% 2,681.25 0.2%
Small tools and equipment 19.99 0.0% 1,139.55 0.1%
Software purchases 329.00 0.2% 10,746.57 0.7%
Spares 46.62 0.0% 10,666.12 0.7%
Supplies 114.80 0.1% 4,214.96 0.3%
Taxes - Personal property (950.25) -0.7% (950.25) -0.1%
Telephone 18,935.41 13.6% 169,031.35 10.5%
Travel 229.58 0.2% 15,577.13 1.0%
Vehicle allowance 173.08 0.1% 173.08 0.0%
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TOTAL EXPENSES 121,533.01 87.0% 972,702.89 60.3%
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****** OPERATING REVENUES 12,451.31 8.9% 576,506.67 35.8%
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Other Income & Expenses
A/P discounts 0.79 0.0% 70.64 0.0%
Budgeted equipment purchases (15,998.95) -11.5% (238,483.17) -14.8%
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FOR DISCUSSION PURPOSES ONLY
8Jul 2, 1998 HAL-PC Page 4
3:34 am STATEMENT OF REVENUES AND EXPENSES
1 Month Ended 12 Months Ended
May 31, 1998 May 31, 1998
============ ======= ============ =======
TOTAL Other Income & Expenses (15,998.16) -11.5% (238,412.53) -14.8%
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****** REVENUES OVER (UNDER) EXPENSES
(3,546.85) -2.5% 338,094.14 21.0%
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****** NET REVENUES OVER (UNDER) EXPENSES
($3,546.85) -2.5% $338,094.14 21.0%
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FOR DISCUSSION PURPOSES ONLY
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