|
ST. ANTHONY MUNICIPAL LIQUOR STORES
<br />f SUMMARY OF OPERATIONS
<br />YEAR TO SEPTEMBER 30, 1970
<br />YEAR TO YEAR TO INCREASE
<br />STORE ONE % 9-30-70 % 9-30-69 DECREASE*
<br />NET SALES 100.00 788,903.22 100.00 790,021.44 1,118.22*
<br />COST OF GOODS SOLD BE-
<br />FORE PROMOTIONAL Disc. 69.29 546,633.81 66.11 522,294.90 24,338.91
<br />GROSS PROFIT BEFORE
<br />Disc. 30.71 242,269.41 33.89 267,726.54 25,457.13*
<br />PROMOTIONAL DISCOUNT 3.61 28,515.17 3.61 28,539.94 24.77*
<br />GROSS PROFIT AFTER
<br />DISCOUNT 34.32 270,784.58 37.50 296,266.48 25,481.90*
<br />OPERATING EXPENSE
<br />(SCHEDULE 1) 20.74 163,646.09 19.96 157,717.37 5,928.72
<br />PROFIT FROM OPERATIONS 13.58 107,138.49 17.54 138,549.11 31,410.62*
<br />NET NON OPERATING INCOME 1.27 10,025.07 1.00 7,869.29 2,155.78
<br />NET INCOME 14.85 117,163.56 18.54 1469418.40 29,254.84*
<br />STORE TWO
<br />NET SALES 100.00 574,973.51 100.00 514,882.50 60,091.01
<br />COST OF GOODS SOLD BE-
<br />FORE PROMOTIONAL Disc. 69.09 397,264.91 68.93 354,868.34 42,396.57
<br />GROSS PROFIT BEFORE
<br />DISCOUNT 30.91 177,708.60 31.07 160,014.16 17,694.44
<br />PROMOTIONAL DISCOUNT 3.77 21,692.14 3.90 20,080.48 1,611.66
<br />GROSS PROFIT AFTER
<br />DISCOUNT 34.68 199,400.74 34.97 180,094.64 19,306.10
<br />OPERATING EXPENSE
<br />(SCHEDULE 1) 22.30 128,220,13 21.25 109,466.20 18,753-93
<br />PROFIT FROM OPERATIONS 12.38 71,1B0.61 13.72 70,628.44 552.17
<br />NET NON OPERATING INCOME 1.14 6,529.27 1.01 5,195.95 1,333.32
<br />NET INCOME 13.52 77,709.88 14.73 75,824.39 1,885.49
<br />
|