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BUSINESS INTERRUPTION 6vCRXSH=-'' <br /> Date: 24-Mar-89 <br /> Company: St. Anthony (ON SALE) <br /> Location: 39th & Silver Lk Rd. <br /> • City, State: St. Anthony, MN <br /> Rebuild Time in Months: 6 <br /> 12 Month Ending: 12/31/88 6/01/90 <br /> ALL ENTRIES TO BE ON AN ANNUAL BASIS COLUMN 1 COLUMN 2 <br /> Actual Estimated <br /> GROSS SALES of store: 195, 455 190, 000 <br /> 1. Other Earnings: 3, 268 4, 000 <br /> ----------- ----------- <br /> (A) Total Sales: 198, 723 194, 000 <br /> ADJUSTMENTS TO GROSS SALES: <br /> 1. Discounts: 0 0 <br /> 2 . Bad Debts: 0 0 <br /> 3 . Sales Taxes: 0 0 <br /> 4 . Prepaid Freight: 0 0 <br /> ----------- ----------- <br /> (B) Total Adjustments: 0 0 <br /> (C) TOTAL REVENUE (A-B) : 198 ,723 194, 000 <br /> DEDUCTIONS (Noncontinuing Expenses) : <br /> 1. Cost of Goods Sold: 41,.702 41, 000 <br /> 2 . Supplies: 7, 840 8, 000 <br /> 3 . Services purchased from outsiders: 22, 045 23, 500 <br /> 4 . Utilities: 8, 159 8, 500 <br /> ----------- ----------- _ <br /> (D) TOTAL DEDUCTIONS: 79,746 81, 000 <br /> (E) BUSINESS INTERRUPTION BASIS (C-D) : 118, 977 113 , 000 <br /> INSURANCE WITHOUT PAYROLL ENDORSEMENT: 50% . 59, 489 56, 500 <br /> ----------- ----------- <br /> DEDUCT: <br /> 1. Ordinary Payroll Expense: 50, 042 52 , 000 <br /> 2 . Employee Overhead Costs (in percent) <br /> a. Workers' Compensation rate: 3 .93% 1, 967 2, 044 <br /> b. Employers' Social Security rate: 7 .51% 3,758 3 ,905 <br /> c. Unemployment Compensation rate: 1. 00% 500 520 <br /> d. Employee Benefits rate: r 2 . 25% 1, 126. 1, 170 <br /> ----------- ----------- <br /> (F) TOTAL ORDINARY PAYROLL EXPENSE: 57, 393 5-9,639 <br /> (G) BUSINESS INTERRUPTION BASIS (E-F) : 61, 584 53, 361 <br /> (H) LIMITED PAYROLL REQUIRED (in days) : 60 9 , 434 9,804 <br /> INSURANCE WITH LIMITED PAYROLL ENDORSEMENT (G+H) 71, 018 63, 165 <br /> • AMOUNT OF INSURANCE WITH LIMITED PAYROLL: 80.00% -----56,815 -----50,532 <br />