HomeMy WebLinkAbout1972 CAFR LQST. ANTHONY VILLAGE MUNICIPAL LIQUOR STORES
FINANCIAL REPORT - 4TH QUARTER 1972
ST. ANTHONY MUNICIPAL LIQUOR STORES
BALANCE SHEET
$ 621,410.64
DECEMBER 31, 1972
JE's
ASSETS
—2,135.20
CASH IN BANK & TRANSIT
$ 105,944.03
CHANGE AND IMPREST PETTY CASH
58,110.00
MISCELLANEOUS RECEIVABLES
989.92
MERCHANDISE INVENTORIES
213,523.13
INVESTMENTS - CERTIFICATES OF DEPOSIT
50,000.00
PREPAID EXPENSES
12,388.08
TOTAL CURRENT ASSETS
$ 440,955.16
LAND, BLDG. AND IMPROVEMENTS
264,100.64
ALLOWANCE FOR DEPRECIATION
(94,462.12)
FURNITURE, FIXTURES, EQUIPMENT
134,958.82
ALLOWANCE FOR DEPRECIATION
(95,234.94)
TOTAL FIXED ASSETS
$ 209,362.40
TOTAL ASSETS
65O.i17.56
LIABILITIES
•, TRADE ACCOUNTS PAYABLE $ 67,811.31
ACCRUED SALARIES 5,528.21
ACCRUED PAYROLL DEDUCTIONS 231.56
MINNESOTA SALES TAX FUND 8,759.71
TOTAL CURRENT LIABILITIES $ 82,330.79
NET WORTH 567,986.77
TOTAL LIABILITIES AND NET WORTH $ 650.317.56
NET WORTH SUMMARY
BALANCE, JANUARY 1, 1972
$ 621,410.64
AUDITOR'S ADJUSTING 1971
JE's
—2,135.20
NET INCOME, FIRST QUARTER
1972
$ 53,545.46
SECOND QUARTER
1972
56,557.43
THIRD QUARTER
1972
53,663.46
FOURTH QUARTER
1972
84,944.98
248,711.33
LESS TRANSFERS TO GENERAL
FUND
_-300,000.00
BALANCE, DECEMBER 31, 1972 $ 567.986.77
F N
z z
z
w o
� v o w
O N U£
w F A z O
W z N Z O
n O O z
z
O w z -
O U¢ O ¢ F
J !/1 O O W W O
O_ U F ¢ z
w VI
(/) O W LL z w Z W
o m a w a
W N J O d O ¢
Z O ¢ F- F x ¢
O z J W £ W
w 00 O Z O U' K O £
p W F ¢ O K Z w I O
O J LL O CL CL Z U
6 O
N O N O N 4 Z —
F x w £ N ¢ LL
F- O CL O O O w O F- F -
w o � ¢ w m ¢ w w
Z U U.7 d C7 0 CL z z
W W
07
o
'p
r
N
M
\O
N N
¢¢
Ul
O
N
N
O
r
r
O
r
W W
In
O
M
M
¢ K
�
10
I
lfl
CP
U U
w
w
w
z W
r
'}
N
Ul
Cl
N
r
— O
Ul
r
r
r
N
r
N
V
O
M
�o
O
O F—
F- O,
M
W
N
O
M
r
CO
N
Ul
N
O
m
O
't
¢
111
O
r
(T
N
N
(Sl
\O
¢ W
W F
O\
M
r
U'
O
(n
U-\
r
\O
V
N
N
W
r
r
W
O
ul
U,
L--
N
N
O
O
O
p
0
O
CO
N
r
M
(D
M
o
N
O
r
O
U,
N
N
O
U—
N
M
N
O
r
O
N
ON
Z
r
Cl
O
M
M
J
Nt`
r
M
O
M
M
W
2
[�
-
COCD
O
£
K
CO
M
m
N
E-
—
-
Z
O
N
CO
}
r
r
C\jN
N
y
O
O
CO
Lrl
�
N
Z
2
F
O
E
_
rc
N
co
t-
U,
O
r
r
Z
W
O
N
L-
4-N
N
r
r
M
}
�
�
O
O
C,
C
N
O
F--
N
M
N
.N-
F-
F N
z z
z
w o
� v o w
O N U£
w F A z O
W z N Z O
n O O z
z
O w z -
O U¢ O ¢ F
J !/1 O O W W O
O_ U F ¢ z
w VI
(/) O W LL z w Z W
o m a w a
W N J O d O ¢
Z O ¢ F- F x ¢
O z J W £ W
w 00 O Z O U' K O £
p W F ¢ O K Z w I O
O J LL O CL CL Z U
6 O
N O N O N 4 Z —
F x w £ N ¢ LL
F- O CL O O O w O F- F -
w o � ¢ w m ¢ w w
Z U U.7 d C7 0 CL z z
ST. ANTHONY MUNICIPAL LIQUOR STORES
SUNMARY OF OPERATIONS
YEAR TO DECEMBER 31, 1972
STORE ONE
NET SALES
COST OF GOODS SOLO BE-
FORE PROMOTIONAL DISC.
GROSS PROFIT BEFORE
DISCOUNT
PROMOTIONAL DISCOUNTS
GROSS PROFIT AFTER
DISCOUNT
OPERATING EXPENSE
PROFIT FROM OPERATIONS
NET NON-OPERATING INCOME
NET INCOME
STORE TWO
NET SALES
COST OF GOODS SOLD BE-
FORE PROMOTIONAL DISC.
GROSS PROFIT BEFORE
DISCOUNT
PROMOTIONAL DISCOUNTS
GROSS PROFIT AFTER
DISCOUNT
OPERATING EXPENSE
PROFIT FROM OPERATIONS
NET NON-OPERATING INCOME
NET INCOME
YEAR TOYEAR TO INCREASE
GATE 1972 % GATE 1971 DECREASE*
100.00 996,442.28 100.00 1,023,796.75 27,354.47*
68.46 682,163.01 70.03 716,986.63 34,823.62*
31.54
314,279.27
29.97
306,810.12
7,469.15
3.97
39,521.72
4.95
50,724.64
11,202.92*
35.51
353,800.99
34.92
357,534.76
3,733.77*
23.32
232,389.52
21.84
223,550.73
8,838.79
12.19
121,411.47
13.08
133,984.03
12,572.56*
1.45
14,471.87
1.46
14,944.92
473.05*
13.64
135,883.34
14.54
148,928.95
13,045.61*
100.00 871,445.83 100.00 895,787.19 24,341.36*
72.23 629,413.31 72.42 648,738,16 19,324.85*
27.77
242,032.52
27.58
247,049.03
5,016.51*
5.05
44,014.82
5.63
50,404.65
6,389.83*
32.82
286,047.34
33.21
297,453.68
11,406.34*
20.80
181,257.80
20.73
185,735.36
4,477.56*
12.02
104,789.54
12.48
111,718.32
6,928.78*
0.93
8,038.45
1.12
9,995.75
1,957.30*
12.95
112,627.99
13.6o
121,714.07
8,886,08*
ST. ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY OF ON AND OFF SALES
YEAR TO DECEMBER 31, 1972
COMBINED
ON SALE
NET SALES
COST OF GOODS SOLO
GROSS PROFIT FROM SALES
RATIO TO NET SALES
OPERATING EXPENSE:
SALARIES, WAGES, BENEFITS
ALL OTHER EXPENSE
TOTAL OPERATING EXPENSE
RATIO TO NET SALES
PROFIT FROM OPERATIONS
OTHER INCOME - NET
NET INCOME
RATIO TO NET SALES
OFF SALE
NET SALES
COST OF GOODS SOLD
GROSS PROFIT FROM SALES
RATIO TO NET SALES
OPERATING EXPENSE:
SALARIES, WAGES, BENEFITS
ALL OTHER EXPENSE
TOTAL OPERATING EXPENSE
RATIO TO NET SALES
PROFIT FROM OPERATIONS
OTHER INCOME - NET
NET INCOME
RATIO TO NET SALES
4TH QTR.
YEAR TO
YEAR TO
INCREASE
1972
DATE 1972
DATE 1971
DECREASE*
130,747.91
471,666.82
479,199.14
7,532.32*
40,945.43
154,406.02
156,105.53
1,699.51*
89,802.48
317,26o.80
323,093.61
5,832.81*
68.68%
67.26%
67.42%
0.16%*
42,548.51 174,421.71 173,058.93 1,362.78
13,277.86
53,179.39
53,390.68
211.29*
55,826.37
227,601.10
226,449.61
1,151.49
42.69%
48.25%
47.26%
0.99%
33,976.11
89,659.70
96,644.00
6,984.30*
2,372.98
8,684.47
7,826.61
857.86
36,349.09
98,344.17
104,470.61
6,126.44*
27.80%
20.85%
21.80%
0.95%*
401,066.07 1,396,221.29 1,440,384.80 44,163.51*
308,754.61 1,073,633.76 1,108,489.97 34,856.21*
92,311.46 322,567.53 331,894.83 9,307.30*
23.01% 23.10% 23.04% 0.06%
33,985.68
12,098.77
46,084.45
11.49%
46,227.01
2,368.88
48,595.89
12.11%
138,656.60
47,389.62
186,046.22
13.32%
136,541.31
13,825.85
150,367.16
10.76%
134,151.17
48,685.31
182,836.48
12.69%
149,058.35
17,114.06
166,172.41
11.54%
4,505.43
1,295.69*
3,209.74
o.63%
12,517.04*
3,288.21*
15,805.25*
0.78%*
ST. ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY OF ON AND OFF SALES
YEAR TO DECEMBER 31, 1972
STORE ONE
OPERATING EXPENSE:
SALARIES, WAGES, BENEFITS
4TH QTR.
YEAR TO
YEAR TO
INCREASE
ON SALE
1972
DATE 1972
DATE 1971
DECREASE*
NET SALES
76,084.94
278,570.27
285.124.23
6,553.96*
COST OF GOODS SOLD
23,246.77
91,892.65
92,814.14.
921.A2,*
GROSS PROFIT FROM SALES
52,838.17
186,677.62
192,310.09
5,632.47*
RATIO TO NET SALES
69.44%
67.01%
67.45%
0.44%*
OPERATING EXPENSE:
SALARIES, WAGES, BENEFITS
25,379.70
105,112.20
102,514.27
2,597.93
ALL OTHER EXPENSE
7,623.38
30,731.88
130,617.81
114.07
TOTAL OPERATING EXPENSE
33,003.08
135,844.08
133,132.08
2,712.00
RATIO TO NET SALES
43.37%
48.76
46.69%
2.07%
PROFIT FROM OPERATIONS
19,835.09
50,833.54
59,178.01
8,344.47*
OTHER INCOME — NET
1,892.09
4,845.86
4,032.93
812.93
NET INCOME
21,727.18
55,679.40
63,210.94
7,531.54*
RATIO TO NET SALES
28.55%
19.98%
22.17%
2.19%*
OFF SALE
NET SALES
200,964.53
717,872.01
738,672.52
20,800.51*
COST OF GOODS SOLO
153,490.42
550,748.64
573,447.85
22,699.21*
GROSS PROFIT FROM SALES
47,474.11
167,123.37
165,224.67
1,898.70
RATIO TO NET SALES
23.62%
23.26
22.37%
0.91%
OPERATING EXPENSE:
SALARIES, WAGES, BENEFITS
18,196.43
75,688.24
69,896.01
5,792.23
ALL OTHER EXPENSE
5,398.59
20,857.20
20,522.E
334.56
TOTAL OPERATING EXPENSE
23,595.02
96,545.44
90,418.65
6,126.79
RATIO To NET SALES
11.74%
13.44%
12.24%
1.20%
PROFITS FROM OPERATIONS
23,879.09
70,577.93
74,806.02
4,228.09*
OTHER INCOME — NET
2,184.50
9,626.01
10,911.99
1,285.98*
NET INCOME
26,063.59
80,203.94
85,718.01
5,514.07*
RATIO TO NET SALES
12.96%
11.17%
11.60%
0.43%*
ST. ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY OF ON AND OFF SALES
YEAR TO DECEMBER 31, 1972
STORE TWO
OPERATING EXPENSE:
SALARIES, WAGES, BENEFITS
4TH QTR.
YEAR TO
YEAR TO
INCREASE
ON SALE
1972
DATE 1972
DATE 1971
DECREASE*
NET SALES
54,662.97
193,096.55
194,074.91
978.36*
COST OF GOODS SOLO
17,698.66
62,513.37
63,291.39
778.02*
GROSS PROFIT FROM SALES
36,964.31
130,583.18
130,783.52
200.34*
RATIO To NET SALES
67.62%
67.62%
67.39%
0.23%
OPERATING EXPENSE:
SALARIES, WAGES, BENEFITS
179168.81
69,309.51
70,544.66
1,235.15*
ALL OTHER EXPENSE
5,654.48
22,447.51
22,772.8
325.36*
TOTAL OPERATING EXPENSE
22,823.29
91,757.02
93,317.53
1,560.51*
RATIO TO NET SALES
41,75%
47.57
48.08
0.570"
PROFIT FROM OPERATIONS
14,141.02
38,826.16
37,465.99
1,36o.17
OTHER INCOME - NET
480.89
3,838.61
3,793.68
44.93
NET INCOME
14,621.91
42,664.77
41,259.67
1,405.10
RATIO TO NET SALES
26.74
22.08
21.26%
0.83%
OFF SALE
NET SALES
200,101.54
678,349.28
701,712.28
23,363.00*
COST OF GOODS SOLD
155,264.19
522,885.12
535,042.12
12,157.00*
GROSS PROFIT FROM SALES
44,837.35
155,464.16
166,670.16
11,2o6.00*
RATIO TO NET SALES
22.40%
22.91%
23-75%
0.84%-x'
OPERATING EXPENSES
SALARIES, WAGES, BENEFITS
15,789.25
62,968.36
64,255.16
1,286.8o*
ALL OTHER EXPENSE
63700.18
26,532.42
28,162.67
1,630.25*
TOTAL OPERATING EXPENSE
22,489.43
89,500.78
92,417.83
2,917.05*
RATIO TO NET SALES
11.23%
13.19
13.17
0.02%
PROFIT FROM OPERATIONS
22,347.92
65,963.38
74,252.33
8,288.95*
OTHER INCOME - NET
184.38
4,199.84
6,202.07
2,002.23'x'
NET INCOME
22,532.30
70,163.22
80,454.40
10,291.18*
RATIO TO NET SALES
11,26%
10.34%
11.47%
1.13%*
ST. ANTHONY MUNICIPAL
LIQUOR STORES
OPERATING EXPENSE
YEAR
TO DECEMBER
31, 1972
COMBINED
4TH QTR.
YEAR TO
YEAR TO
INCREASE
COMBINED
1972
DATE 1972
DATE 1971
DECREASE*
BAR WAGES
30,909.46
125,169.78
124,862.50
307.28
OFF SALE WAGES
23,587.49
94,657.55
90,806.53
3,651.02
CUSTODIANS WAGES
3,674.04
14,020.62
13,145.06
875.56
MANAGERS SALARIES
6,592.19
31,166.92
34,946.38
3,779.46*
BOOKKEEPERS SALARIES
4,008.27
15,214.23
12,948.$7
2,265.36
MEDICAL - LIFE INSURANCE
1,323.92
7,226.82
6,491.16
735.66
PENSION CONTRIBUTION
6,438.82
25,622.39
24,009.60
1,612.79
PAYROLL EXPENSE
76,534.19
313,078.31
307,210.10
5,868.21
LAUNDRY
975.36
4,285.94
4,422.55
136.61*
BAR SUPPLIES
1,158.36
5,959.04
6,154.94
195.90*
OFF SALE SUPPLIES
1,344.49
4,223.64
5,676.41
1,452.77*
CLEANING SUPPLIES
350.56
1,660.64
1,755.31
94.67*
OFFICE EXPENSE
117.98
616.55
1,242.98
626.43*
TRAVEL
282.50
948.80
654.85
293.95
SUPPLIES - EXPENSE
4,229.25
17,694.61
19,90 .04
2,212.43*
RENT
3,997.38
16,723.77
16,797.84
74.07*
HEAT - FUEL
450.61
1,826.83
1,916.73
89.90*
UTILITIES
2,291.49
8,757.66
7,934.42
823.24
TELEPHONE
282.88
1,147.33
906.10
241.23
SANITATION EXPENSE
310.50
1,339.50
1,146.00
193.50
CASUALTY-- LIABILITY INS.
6,824.06
23,939.98
28,611.66
4,671.63*.
REPAIRS - MAINTENANCE
1,767.48
9,672.00
5,745.04
3,926.96
DEPRECIATION
3,874.08
15,154.59
x,309.65
844.94
OCCUPANCY EXPENSE
19,798.48
78,561,66
77,367.44
1,194.22
SECURITY SERVICE
542.50
1,915.14
1,981.93
66.79*
ADVERTISING - SIGNS
612.00
1,375.00
380.50
994.50
ACCTG. - LEGAL - LICENSES
129.00
425.00
2,177.48
1,752.48*
MUSIC SERVICE
65.40
597.60
261.60
336.00
SERVICE EXPENSE
1.348.90
4.312.74
4.801.51
488.77*
TOTAL OPERATING EXPENSE
101.910.82
413.647.32
409.286.09
4.361.23
\0 co
LN4N r-
01% h"l
W W VNO\VCO UVIN O\O VrV MU10�0ON l- OTOr 1.0 �1±\1I10
w V
¢ ¢ MN 0\I-iN LA •r 1110 VOA •V1�0\O\O ISO 0MN\M\O
w w N V \O M M V N M T ON \D OD 0- M O N M T 10 I• � \O
0: rr VrT \O MN COT Nr VT r OO - N N UNO
O 0 w w
2 Q U T N N r
I
UN I,- U1 ON O ON C\,r N O\ 0\ W
V 0\ U\ V O r O
co U1 V O
\O
o
V' M CO O- KN \O 00 0\ 0 O ON OO r
OD V V CO O m O\ ID
T N 0\0
f-
�MMl�OM
a
T
N�L-0O1 VNr
t� � � M N O\ M T
NO O\D r\O
0:
ONO V r N OD O N O\ M M N O
ON N \D 0 ON T m
O\ V U1 I,• \O
a
W
OO\T I�VaD \O l�Or ONO UIM(O
(+mN V VU\M\O
ON ON
w
F-
O
U N N O N c N N M
N O M N
Oar r N
F3
r
T
�
O
T
N
rui
r ON T O MON MCI' UN O U% O
(-\O T W O ON \D m
O\ N O O r
O
0 0
ON \D O M T N [� m ON Ul O` \O M
ti UN N N O I` O
\O O\ \O U1 \O lam•
O)
t ~�
•O SMO
•
SCO
NCO LAN OZ COO MMO\O
(- OO N VO
VMN
R
MO NOONV UNO V1,-0
N\0 ON Olr 000\
Nl-r O\ON
¢
W
T T \O Ln\0 O\ N N M V r V M r
[� Co \p Ul \O \O O
N ON W N
N
.a\
}Q�
L --_C\; NN (�\O M CTM
N
r0
��VM
r
r
W
U)
U\ O LC\ O N. r r CO M N Ul \O
O V �' O Ul O\ O
V UN N O O
N
Z
•
M M O\ T T N V V \O l� h• N N
M r O\ N [� M O\
O CO \D U1 V
W
0
C1.
F-
N
T M \p \O V Ln O O \O U1 LD r (� t• r N M N V \p
rNX
V \O
d
ti
U1 0 0\ 0 M NO\ U\ 1+N V U1 O
ON
O\ r T Gj' LIN U1 (O
(� c0 \O\OrW
o
Ol
]a9:,)
r O MNO M M\O Nr r TO\N
0
O\rr U\\00\\ONZ
T M N N N
M N
F -
.t
K\LL--MN0 *
W
N
#
N U1 N N\ONL�\O
(-N(\O� W ONT OMS
O.
1-
W
w
CD t- Ul O Ul T r \D M \O ti O\ N
O\ V 1- U\ UN 0
V r 0\ V
O
0\
U)
L
.O
�N
r
¢
¢
U"\ CO N O Or\D CD UIO \ON
r N VI�V\0
CO r
W
U)
w
W
CD O V U\ M ON O\ L- O UN \O M \O
I OD 0\ M \O M T \O \0 M CO I
'T III
W
¢
K
T(�MMTl00\ VVU1 Mr
Mr CON
V VN
O
Q
r
V
U
O
M
2
w
M r r CD r
T M
N
CO
-
O
U)
U)
w
W
m
0
O
\VO r Lam[ coN N \Or
Ul U1VOO1
O
MMMW
\OpV
\rONr
c+
o
F-
0 T N
O
NO
aVpr(�
U\O [-\O V00OCVOON
O CSN TrU1
Tw
O
J
O
a
OOy�VN
�MT
Df\ 0\10 TO
.\DOWOmO1NV
O\O \p(DON
1
J
O
W w¢
.
U\O Nt•\O M N NN M C;
10 N
rO1
l�
U
<
W
W
CC
ZC\J
O
0>-
O
1- U\ U1 O Vrr•
D
F O
CO O\ L- \O r\ \ OD O
O
N V O l T ON \DMU1UU
O rUN
Or
~
�rTO
OD N V1-000ONU10100
COO(.-, I'NOOrN
COOO [ r} V O NU1
\p U\ N UN l-
rO
V\O
mN
O U\ M l \O NCON U1 0
1 ON O UN (-- N U1
ON U1 N {
O
w
F-
rO
C
rON
Z
r
N
rr O\ O\ Ulr 1-M U) OO\OV M O
1-UlO U1[�O
U1 COO
O
F_
•
TT OO r(�Nr ON CO NN NO
VUN\D r- \D U1
M111 U1
r
rc
F
N
CO V C- \D VCO l� \D 44 CD U\ O\ r N
M 01 0 \O T N
N L� U1 V
O
dL�
UlO\O O\O CO C -O O O O U1 N
Mr- V Ul V- CD
\O N\O
NUl MN O1 --m \O Ul\ON TT
I NMT TN OCOTN
V I
F
CO NN MN N
r VINO
\p
V
r r
r
W
0
wz
0
<
w
Z
X
N
¢ w
m W
V)
z
U) K z U)
(n U
w W
W
W= O Z
z z
U) U) U)
d
- 0- w w
w-¢
z 2 z w
x
N X 2 F- 0 V) N a
W 2
w 0 0 W U)
W
U) W a- 2 w w x
z. W
a w- 0 z
w- J m W - U) W
w w F-
x 0 U) - w
a
V) 0¢ W- 6 J J w
O< z
W- J a
2
I
I
c9 3 J F- W U) a a J
W J< 2
Y m J U W
f
¢ Q V) J z W a V)
J ^L 0
0 W 0<-
a
3 N (!) O J - U) U) 4 w
w z I -
z U) z 0> W
0:
U) 2 W I U J J >
> w W O I F-
¢ - w K 0
W
w w¢ 0 d O O. W 0 U) J
Lt_ W z- Y ¢
O. Y U) J W --
4
0 J- C w J z 0_ Y 0• J z 6
- O F- F• N-
F- - I U) >
O
6 6 O W w 4 O Y K O¢- W J LL
{ �- x¢ J m 0
0- F- • K
3 U) N
V
F-
U
F¢ Y V) O_ z < -> U)
F I- J W O¢ 0: O O w F U)
6
K w 0 2 0 0 2 Ow w¢
2<- J z 0 LL LL
0> 0 V)
H
< LL 7< O W W << LL J IL. w
W W F- W<< W W
W O 0 n
O
CDO Uf In D. J COOU 0 F-
Ir 2O F -(n 0 Cr0
U)¢¢ 2:
F-
NOTES ON QUARTERLY REPORT
FOURTH QUARTER ENDED DECEMBER 31, 1972
BALANCE SHEET
INVENTORIES INCREASED $3,728. FROM PREVIOUS QUARTER AND DECREASE 524,819.
FROM DECEMBER 31, 1971. NET INCOME FOR THE 4TH QUARTER WAS UP $31,262.
FROM THE 3RD QUARTER.
INCOME STATEMENT
TOTAL SALES DECREASED $51,696. FROM 1971 AND NET INCOME DECREASED $21,932•
PROMOTIONAL DISCOUNTS DECREASED ;$17,593. DUE TO A DECREASE IN PURCHASES OF
$125,183., DECREASING THE PROFIT FROM OPERATIONS BY $19,501.
STORE ONE
NET SALES DOWN $27,354. COST OF GOODS SOLD DOWN $34,824. PROMOTIONAL
DISCOUNTS DOWN $11,203. NET INCOME DOWN $13,046.
STORE TWO
NET SALES DOWN $24,341. COST OF GOODS SOLD DOWN 019,325
DISCOUNTS DOWN $6,390. NET INCOME DOWN $8,886.
ON SALE
COMBINED SALES DOWN $7,532. INCOME DOWN $6,126.
STORE #1 SALES DOWN $6,554• INCOME DOWN $7,532.
STORE #2 SALES DOWN $978. INCOME UP $1,405.
OFF SALE
COMBINED SALES DOWN $44,164. INCOME DOWN $15,805.
STORE #1 SALES DOWN $20,801. INCOME DOWN $5,514•
STORE #2 SALES DOWN 523,363. INCOME DOWN 310,291.
EXPENSE STATEMENT
AS MENTIONED IN THE 3RD
UP ONLY $5,868. OVER 4TH
FOR 3RD QUARTER.
PROMOTIONAL
QUARTER NOTES, 4TH QUARTER SALARIES AND WAGES ARE
QUARTER 1971, AS COMPARED TO $19,042 UP OVER 1971
ST. ANTHONY VILLAGE MUNICIPAL LIQUOR STORES
FINANCIAL REPORT - 3RD QUARTER 1972
ST. ANTHONY MUNICIPAL LIQUOR STORES
BALANCE SHEET
SEPTEMBER 30, 1972
ASSETS
CASH IN BANK & TRANSIT 25,017.65
CHANGE AND IMPREST PETTY CASH 58,110.00
MISCELLANEOUS RECEIVABLES 1,227.71
MERCHANDISE INVENTORIES 209,794.99
INVESTMENTS — CERTIFICATES OF DEPOSIT 100,000.00
PREPAID EXPENSES 19,212.14
TOTAL CURRENT ASSETS $ 413,362,49
LAND, BUILDING & IMPROVEMENTS
264,100.64
ALLOWANCE FOR DEPRECIATION
(929624.39)
FURNITURE, FIXTURES, EQUIPMENT
135,281.82
ALLOWANCE FOR DEPRECIATION
(94,074.19)
TOTAL FIXED ASSETS
$ 212,683.88
TOTAL ASSETS
3 626,046.37
LIABILITIES
1972
TRADE ACCOUNTS PAYABLE
$ 51,744.96
ACCRUED SALARIES
10,081.91
ACCRUED PAYROLL DEDUCTIONS
353.01
MINNESOTA SALES TAX FUND
5,824.70
TOTAL CURRENT LIABILITIES
$ 68,004.58
NET WORTH
558,041.79
TOTAL LIABILITIES AND
NET WORTH a. 626,046.37
NET WORTH SUMMARY
BALANCE JANUARY 1, 1972
$ 621,410.64
AUDITORS ADJUSTING 1971 JE's
-2,135.20
NET INCOME, FIRST QUARTER
1972
$ 53,545.46
SECOND QUARTER
1972
56,557.43
THIRD QUARTER
1972
53,663.46
163,766.35
LESS TRANSFERS TO GENERAL
FUND
—225,000.00
BALANCE SEPTEMBER 30, 1972 558.041.79
0
\O
r
\O
L�
O\
N
co
Lrl
N
m
V. vi
O
�
N
m
d
a a
01
O
m
m
W W
M
m
\O T
m
\O
¢ Q
\O
o
N
N \O
co
m
M
U V
m
O\ N
N
\O N
O\
z W
r
w
w
O\
M
- O
;
O
cr O
to O
LI,
Lt;
a
N r
r
r N
M
M
0
\O
r
\O
L�
O\
N
�
Lrl
N
m
M
r
r
N
l�
r
01
O
m
m
V
M
M
1-
N
M
O
N
N
1
a
m
D
Lf\ O
\O
m
r
O
¢ O
O\
M
M
O\
N
\O
O
N
a
V
O
O
-
O
W 1
\O
O\
N
N
r
r
Colo
O\
>- O\
M
a
D
V
N
CO
r
ON
r
(n
V
r -
O
m
N
M
Lrl
N
m
M
r
W
O
01
O
m
m
V
M
M
L-
W
x
O
O\
O
a
r
M
r
V
O
O
O
M
M
N
r
r
F
N
r
(n
r -
O\
x
m
r
O
Z
�
O
—
F
M
J
¢
M
r
N
N
of
O
O\
\O
LrN
w
T
O
r
N
M
m
M
J
W
W
O N
¢
m
F-
tt
d
O
0
E
1
N
O
M
o\
\O
\Oo
W
¢ O
O
o
\O
V'
l-
Q\
t-
O
Li
a
-
O
d
W 1
\O
M
N
ti
r
M
N
M
} O\
M
>-
N
K
w
¢
O
r
Z
F
ZD
O
rc
S
W
m
a
1-
W
z
r
¢
O
M
M
\O
O
m
r
r
N
M
O\
M
N
O
o\
O
d'
cl'
M
O
T
N
p
r
O
M
M
N
r
N
H
N
2
z
2
W
N
O
K
F
U
O
W
O
2
N
V
E
LL
N
O
W
O
O
N
z z
V
m
U
p
O
2
N
W
z
z
-
O
d
O
F
J
D
O
O
W
W
a
V
O
LL
U
F
N
w
z
m
J
W
N
LL
2
W
a
m¢
W
d
V -
a
z
O
d
O
a
x
x
O—
J
W
E
W
O
F
LL
a
LL
O
d
W
0
0
O
O
z
O
V
m
O
E
W
E
C
O
x
z
LL
1
O
J
LL
O
O
CL
2
V
a
O
x
h
f
h
O
z
Ln
O_
o
O
N
<
z
—
F
N
$
U7
2
LL
O
O
O
W
O
h
f -
z
0
G
O_
to
O
O_
Z
Z
ST. ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY OF OPERATIONS
YEAR TO SEPTEMBER 30, 1972
STORE ONE
NET SALES
COST OF GOODS SOLO BE-
FORE PROMOTIONAL DISC.
GROSS PROFIT BEFORE
DISCOUNT
PROMOTIONAL DISCOUNTS
GROSS PROFIT AFTER
DISCOUNTS
OPERATING EXPENSE
PROFIT FROM OPERATIONS
NET NON-OPERATING INCOME
NET INCOME
STORE TWO
NET SALES
COST OF 60005 SOLD BE-
FORE PROMOTIONAL DISC.
GROSS PROFIT BEFORE
DISCOUNT
PROMOTIONAL DISCOUNTS
GROSS PROFIT AFTER
DISCOUNT
OPERATING EXPENSE
PROFIT FROM OPERATIONS
NET NON-OPERATING INCOME
NET INCOME
YEAR TO
174,997.97
YEAR TO
INCREASE
_% 9-30-72
_ %
9-30-71
DECREASE*
100.00 719,392.81
100.00
737,986.36
18,593.55*
68.39 491,963.66 68.10 502,542.68 10,579.02*
31.61 227,429.15 31.90 235,443.68 8,014.53*
3.62 26,059.56 4.39 32,427.47 6,367.91*
35.23 253,488.71 36.29 267,871.15 14,382.44*
24.43 175,791.42 21.29 157,088.14 18,703.28
10.80 77,697.29 15.00 110,763.01 33,085.72*
1.44 10,395.28 1.47 10,844.84 449.56*
12.24 88,092.57 16.47 121,627.85 33,535.28*
100.00 616,681.32 100.oO 618,955.80 2,274.48*
71.62 441,683.35 72.23 447,043.77 5,360.42*
28.38
174,997.97
27.77
171,912.03
3,085.94
4.73
29,247.71
5.36
33,177.48
3,929.77*
33.11
204,245,68
33.13
205,089.51
843.83*
22.03
135,945.08
21.68
134,187.E
1,758.05
11.08
68,300.60
11.45
70,902.48
2,601.88*
1.19
7,373.18
1.16
_ 7,172.43
200.75
12.27
75,673.78
12.61
78,074.91
2i401.13*
ST. ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY OF ON AND OFF SALES
YEAR TO SEPTEMBER 30, 1972
COMBINED
3RD QTR.
YEAR TO
YEAR TO
INCREASE
ON SALE
1972
DATE 1972
DATE 1971
DECREASE*
NET SALES
115,517.26
340,918.91
347,340.25
6,421.34*
COST OF GOODS SOLD
36,886.30
113,460.59
112,130.41
1,330.18
GROSS PROFIT FROM SALES
78,630.96
227,458.32
235,209.84
7,751.52*
RATIO TO NET SALES
68.07%
66.72%
67.72%
1.0O%*
OPERATING EXPENSE:
SALARIES, WAGES, BENEFITS
40,455.57
131,673.20
123,627.16
8,246.04
ALL OTHER EXPENSE
15,771.89
39,901.53
38,338.68
1,562.85
TOTAL OPERATING EXPENSE
56,227.46
171,774.73
161,965.64
9,606.69
RATIO To NET SALES
48.67%
50.39%
46.63%
3.76%
PROFIT FROM OPERATIONS
22,403.50
55,683.59
73,244.00
17,560.41*
OTHER INCOME - NET
2,533.84
6,311.49
5,873.32
438.17
NET INCOME
24,937.34
61,995.06
79,117.32
17,122.24*
RATIO TO NET SALES
21.59%
16.18%
22.78%
4.60%*
OFF SALE
NET SALES
341,809.28
995,155.22
1,009,601.91
14,446.69*
COST OF GOODS SOLD
270,468.67
764,879.15
771,851.09
6,971.94*
GROSS PROFIT FROM SALES
71,340.61
230,276.07
237,750,82
7,474.75*
RATIO To NET SALES
20.87%
23.14%
23.55%
0.41%*
OPERATING EXPENSE:
SALARIES, WAGES, BENEFITS
32,997.52
104,670,92
93,874.57
10,796.35
ALL OTHER EXPENSE
13,316.81
35,290.85
35,434.76
143.91*
TOTAL OPERATING EXPENSE
46,314.33
139,961,77
129,309.33
1o_652.44
RATIO TO NET SALES
13.55%
14.06%
12,81%
1.25%
PROFIT FROM OPERATIONS
25,026.26
90,314.30
108,441.49
18,127.19*
OTHER INCOME - NET
3,699.64
11,456.97
12,143.95
686.98*
NET INCOME
28,726.12
101,771.27
120,585.44
18,814.17*
RATIO TO NET SALES
8.40%
10.23%
11.94%
1.71%*
ST. ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY OF ON AND OFF SALES
YEAR To SEPTEMBER 30, 1972
STORE ONE
ON SALE
3RD QTR.
1972
YEAR To
OA TE 1972
YEAR TO
DATE 1971
INCREASE
DECREASE*
NET SALES
COST OF GOODS SOLD
70,444.54
22,362.06
202,485.33
68,645.88
210,042.10
67,696.11
7,556,77*
949.77
GROSS PROFIT FROM SALES
48,082.48
133,839.45
142,345-99
8,506.54*
RATIO To NET SALES
68.25%
66.10°/,,
67.77%
1.67%0
'OPERATING EXPENSE:
SALARIES, WAGES, BENEFITS
ALL OTHER
23,654.00
79,732.50
72,570.04
7,162.46
EXPENSE
9,840.31
23,108.50
21,913.61
1,194.89
TOTAL OPERATING EXPENSE
33,494.31
102,841.00
94,483.65
8,357.35
RATIO To NET SALES
47.55%
50.795%
44.98%
5.81%
PROFITS FROM OPERATIONS
OTHER INCOME NET
14,588.17
30,998.45
47,862.34
16,863.89*
—
1,099.62
2,953.77
3,010.68
56.91*
NET INCOME
15,687.79
33,952.22
50,873.02
16,920.80*
RATIO TO NET SALES
22.27%
16.77%
24.22%
7.45%*
OFF SALE
NET SALES
COST of GOODS SOLD
177,752.50
140,505-05
516,907.48
397,258.22
527,944.26
402,419.10
11,036.78*
,160.88*
GROSS PROFIT FROM SALES
37,247.45
119,649.26
125,525.16
5,875.90*
RATIO To NET SALES
20.95%
23.15%
23,78%
0.63%*
OPERATING EXPENSE:
SALARIES, WAGES, BENEFITS
ALL OTHER EXPENSE
17,544.26
6,292.85
57,491.81
47,842.96
9,648.85
_15,458.61
14,761.53
697.08
TOTAL OPERATING EXPENSE
23,837.11
72,950.42
62,604.49
10,345.93
RATIO To NET SALES
13.41%
14.11%
11.86%
2.25%
PROFITS FROM OPERATIONS
OTHER INCOME — NET
13,410.34
46,698.84
62,920.67
16,221.83*
_ 2,439.73
7,441.51
7,834.16
392.65*
NET INCOME
15,850.07
54,140.35
70,754.83
16,614.48*
RATIO To NET SALES
8.92%
10,47%
13.40%
2.93%*
ST. ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY OF ON AND OFF SALES
YEAR TO SEPTEMBER 30, 1972
STORE TWO
3RD QTR.
YEAR TO
YEAR TO
INCREASE
ON SALE
1972
DATE 1972
DATE 1971
DECREASE*
NET SALES
45,072.72
138,433.58
137,298.15
1,135.43
COST OF GOODS SOLD
14 524.24
44,814.71
44,434.30
380.41%
GROSS PROFIT FROM SALES
30,548.48
93,618.87
92,863.85
755.02
RATIO TO NET SALES
67.77%
67.63%
67.64%
0.01%*
OPERATING EXPENSE:
SALARIES, WAGES, BENEFITS 16,801.57
52,140.70
51,057.12
1,083.58
ALL OTHER EXPENSE
5,931.58
16,793.03
16,425.07
367.96
TOTAL OPERATING EXPENSE
22,733.15
68,933.73
67,482.19
1,451.54
RATIO To NET SALES
50.44%
49.80
49.1516
o.65%
PROFITS FROM OPERATIONS
7,815.33
24,685.14
25,381.66
696.52*
OTHER INCOME - NET
1,434.22
3,357.72
2,862.64
495.08
NET INCOME
9,249.55
28,042.86
28,244.30
201.44*
RATIO TO NET SALES
20.52%
20.26%
20.57%0
0.31%*
OFF SALE
NET SALES
164,056.78
478,247.74
481,657.65
3,409.91*
COST OF GOODS SOLD
129,963.62
367,620.93
369.431.99
1,811.06*
GROSS PROFIT FROM SALES
34,093.16
110,626.81
112,225.66
1,598.85*
RATIO TO NET SALES
20.78%
23.13%
23.30%
0.17%*
OPERATING EXPENSES
SALARIES, WAGES, BENEFITS 15,453.26
47,179.11
46,031.61
1,147.50
ALL OTHER EXPENSE
7,023.96
19.832.2[]
20,673.23
840.99*
TOTAL OPERATING EXPENSE
22,477.22
67,011.35
66,704.84
306.51
RATIO TO NET SALES
13-70%
14.01%
13.85%
0.16%
PROFITS FROM OPERATIONS
119615.94
43,615.46
45,520.82
1,905.376*
OTHER INCOME - NET
1.260.11
4,015.46
4,309.79
294.33*
NET INCOME
12,876.05
47,630.92
49,830.61
2,199.69*
RATIO TO NET SALES
7.85%
9.96%
10.35%
0.39%X'
ST. ANTHONY MUNICIPAL LIQUOR STORES
OPERATING EXPENSE (SCHEDULE 1)
YEAR TO SEPTEMBER 30, 1972
BAR WAGES
OFF SALE WAGES
CUSTODIANS WAGES
MANAGERS SALARIES
BOOKKEEPERS SALARIES
MEDICAL - LIFE INSURANCE
PENSION CONTRIBUTION
PAYROLL EXPENSE
LAUNDRY
BAR SUPPLIES
OFF SALE SUPPLIES
CLEANING SUPPLIES
OFFICE EXPENSE
TRAVEL
SUPPLIES - EXPENSE
RENT
HEAT - FUEL
UTILITIES
TELEPHONE
SANITATION EXPENSE
CASUALTY - LIABILITY INS.
REPAIRS - MAINTENANCE
DEPRECIATION
OCCUPANCY EXPENSE
SECURITY SERVICES
ADVERTISING - SIGNS
ACDTG. - LEGAL - LICENSES
MUSIC SERVICE
SERVICE EXPENSE
COMBINED
3RD QTR.
1972
29,486.41
23,092.44
3,335.25
7,120.52
3,760.45
1,818.14
4,839.88
73,453.09
1,145.73
1,815.26
804.18
333.66
125.13
295.00
4,518.96
4,731.63
249.32
3,074.78
287.43
314.50
7,780.86
3,490-81 gqSSAA����
I
23,783.99
421.35
127.00
172.00
65.40
785.75
YEAR To
DATE 1972
94,260.32
71,070.06
10,346.58
24,574.73
11,205.96
5,902.90
19,183.57
236,544.12
3,310.58
4,800.68
2,879.15
1,310.08
498.57
666.30
13,465.36
12,726.39
1,376.22
6,466.17
864.45
1,029.00
17,115.92
7,904.52
11,280.51
58,763.18
1,372.64
763.00
296.00
532.20
2,963.84
TOTAL OPERATING EXPENSE 102.541.79 311.736.50
YEAR TO
DATE 1971
87,593.25
61,555.59
10,135.21
25,425.71
9,421.48
5,476.70
17,893.09
217,501.73
3,323.75
4,078.06
4,117.53
1,339.86
694.80
557.10
1 111.10
12,800.46
1,411.46
5,807.06
672.13
916.50
21,056.68
3,670.25
10,683.45
57,017.99
1,463.90
133.25
851.00
196.20
2,644.32
291,275.17
INCREASE
DECREASE*
6,667.07
9,514.47
211.37
850.98*
1,784.48
426.20
1,289.78
19,042-39
13.17*
722.62
1,238.38*
29.78*
196.23*
109.20
645.74*
74.07*
35.24*
659.11
192.32
112.50
3,940.76*
4,234.27
597.06
1,745.19
91.26*
629.75
555.00*
336.00
319.49
20.461.33
w WNM N CYN I'd- I'd -CD �N* L`
W m O V\Or O 0\U"% 0\S� Tp S 00
¢ ¢ NN rU\N MVrNN (� • ON a, •01r
rc ¢O\ wOT N VONN N l�N ti 1 K' NN\OO N NN tf\W O
U O .. M 1\ U\ N
Z W N Wl' N
- O r.
TM\p
UWCFF3O-C-)
N'\NTrV0N\rV\0 ONMMN<0IrCNO NNtt\NV0lNO
S0U\NO10\N
MV NM '
O N0
\
Lf
pI0STVS rN
wlV0NO N
\�lNOT NT Lf\0 O\\00NU\L- O co 0 C4
trrNN% r0NM l(l\p Mr0 0\ : w0VNNKl0 - l—
W N,O\VVVNN}MN N
NVrV000
Or 0 O LYNwNNLAN 00\ NVON V
O\M 0\ LN U\ CD', 11D O N V 0W M -V O\
0 Lf\ N O . r -:Na M M Ol N pV.�p.
CY
� N PO L- N� M V00 I-�t0 MVr MtIlO U\M
N M r O\ CD \0 \0 \0 \0 \0 O O \p 0 oil 0 to I
F N 0\ N 0 0 0 0T Lf\ •• • 0 0 V O I
O' l� 0\ \0 \0 N W\ M ttl O It- r r (�- M N L� r lf\ • V' D\
U 0\ 0 01 0 1.(1 N 1� 0\ N M L� V T r N L'- C\1 CIJ It r CD \0 I
NS NrrL�V LAN L
M rr TN Cl()
r N p L
W WN.\cl'MP�
MNOM(DNN <t�00•\Lf\
U) N . N Lf\ O N (� U\ C\j LL\,p N • * XL\ 0O#
1O C
¢ <d'NN VNO\• O r'NC
OWNON 1�0 T Vr .
UCN�NN 0C\j r- C\1 NU VwVM OM C
2Q N L`M
�OT T
�N\lMO0!\0D MNM
N CM
F- 0N0O 0\r-
O�MMO*Ol�OMNNr,j-0
W lf�O��0 LV\0 \0 O\I-MW W
Z} Lf„\O VMf�Mf COOO L\I N
W
O TC"D O V N co co M r
LF!) 0 N \0 Lf\ 0\ N O \0 O N O\ VL�N O O N VN Mr VO
O O\ N \O Lf\N N Lf\ l� N tf\N MO VO\N��r�M�P-N Mr N
T
fL,- 0\ O\ L- M N \0 0\ \0 N O\ 0\ O 'Ln V N N O\ 0\ 0\ O\ 0 NO\ti�L--M L�0\0 •O N LLf\co L�OtT L�T\pN u'\It 0C - MN rKN N I<\NNM r d
VO CO O r N r N IJl tf\ p O
0L-U\ON 0N<t\0 NN
l0 T M \p O
\0 - N
LSM MLn 0\0\ N �� L`�
K\ r r \0
r, N r
O O r - Lc N \0O
N 0\M L-U\IY\TI �00
VC; �Ln Un
NN r\D N O\
r—\O V L7\ 0\ V0\ M
N L- O U\ \0 \0 O O O
�N t- ('J 0o-
N r N\00\ N\0 N\0
N\ 0\ M � N \0 Cl\0 MOT C0
wr 0\0470N r V
V M
T
W W W
U m U
m Z W Z W
0 m
W¢ O m ¢ U W m Z
m¢ h 0 W D Z N m rwn x
m W¢ m Z m N a W U)< Z Z w W X
W— J Z m W W W x Z Z W a W U W m W
W<¢ O W— F x U O w V
— a J J W W
a . z W -
¢ x a a— I x m— J x z
3 m Ln C O J W>> a m J W<< Z} W I J U LU I-
- f O U W V< -
U) U) a W w z ,J - z <
m z m a 1 0 o a w O (D - o m w o 1 I F< N w rc v
w w ¢
V J- w W J Z m} a J Z J Li N W
3 o Y v a o Ln Ln z 0 w I F x a ¢ o v~ )- ; N ¢ O
a F ¢ J
< w O¢ O W Z a' LL J LL Z N Z< J J Z N a 6 0 V w U m U) 6
CD OU�m� d JN OU O W W~ W¢ 4 w W W O U V ~
F- !r 2 0 F" U) U Ct O U)
ON THE EXPENSE STATEMENT, SALARIES AND WAGES ARE UP 319,042. OVER
LAST YEAR BECAUSE CONTRACT NEGOTIATIONS FOR CLERKS AND BARTENDERS
FOR 1971 WERE NOT SETTLED UNTIL DECEMBER 1971. THEREFORE, THE 1ST
9 MONTHS OF 1971 EMPLOYEES WERE WORKING AT 1970 RATES.
THEN IN DECEMBER 1971 RETRO -ACTIVE PAY WAS PAID FOR ALL OF 1971.
THEREFORE WAGES SHOULD EVEN OUT SOME IN THE 4TH QUARTER OF 1972,
PROMOTIONAL DISCOUNTS ARE DOWN 310,29$. DUE TO A DECREASE IN
PURCHASES OF 383,335.
ST. ANTHONY VILLAGE MUNICIPAL LIQUOR STORES
FINANCIAL REPORT - 2ND QUARTER 1972
*********
ST. ANTHONY MUNICIPAL LIQUOR STORES
BALANCE SHEET
JUNE 30, 1972
ASSETS
CASH IN BANK AND TRANSIT
33,625.47
CHANGE AND IMPREST PETTY CASH
5$,110.00
MISCELLANEOUS RECEIVABLES
1,250.21
MERCHANOISB INVENTORIES
233,058.65
INVESTMENTS - CERTIFICATES OF DEPOSIT
100,000.00
PREPAID EXPENSES
13,195.00
TOTAL CURRENT ASSETS
$ 439,239.33
LAND, BUILDINGS & IMPROVEMENTS
264,100.64
ALLOWANCE FOR DEPRECIATION
(90,786.65)
FURNITURE, FIXTURES & EQUIPMENT
133,972.38
ALLOWANCE FOR DEPRECIATION
(92,298.67)
TOTAL FIXED ASSETS
$ 214,987.70
TOTAL ASSETS
$ 654,227.Oi
LIABILITIES
TRADE ACCOUNTS PAYABLE
$ 63,181.54
ACCRUED SALARIES
5,403.64
MINNESOTA SALES TAX FUND
6,263.52
TOTAL CURRENT LIABILITIES
$ 74,848.70
NET WORTH
579,378.33
TOTAL LIABILITIES AND NET WORTH 3 654,227.03
NET WORTH SUMMARY
BALANCE, JANUARY 1, 1972 $ 621,410.64
AUDITORS ADJUSTING 1971 JES -2,135.20
NET INCOME, FIRST QUARTER '72 $ 53,545.46
SECOND QUARTER 172 56,557.43 110,102.89
LESS TRANSFERS TO GENERAL FUND -150,000.00
BALANCE, JUNE 30, 1972 $ 579.i78.ii
M
*
*
W
W
V
ON
lLl
O
M
O
N
N
co
M
1`
r
M
CO
N
O r
�
4
4
W
W
N
r
O
r
N
OJ
r
D\
M
O
�{
M
Ol
W
O
d\
co
U
U
�O
r
l0
d'
c}
O\
z
W
N
U-1
O
IOfI
a
N
�
j
N
r
�}
r
r
N
N
N
V
Ol
N
r
CD
M
r
d -
O r
F-
O
aD
r
Ln
D\
M
N
O
2 0
M
3-
CD
N
U-1
O
IOfI
a
N
r
M
�'
l0
N
r
M
CO
GO
N
M
r
r
r
N
O
M
l�
W
CO0
LU
O
O\
O
ti
(7\l
0
O
O
Ol
O
F-
O
\�o
M
M
N
Y
O
N
N
r
Ol
M
N
r
r
O
Ol
J
F-
Ill
CO
l�
O
co
r
co
N
J
�
O
F-
l�
�O
O
N
N
C;
N
¢
W
M
i
<t
CO
�D
O
�O
QN
�
d
0
Lam-
r
l!1
N
r
ul
O
W
a
=
O
2
W 1
of
OJ
O
[z
CO
r
O
I+-
D
>- �O
1-
O
L`-
O
O
ON
r
r
O
-J
m
�
N
M
N
r
}
O
CC
f-
}
a
z
¢
O
L
a
O
r
Ol
M
N
r
r
N
M
_
U)
W
O
N
l�-
N
O
m
N
M
l!1
Z
}
o
O
O
<f
to
M
r
N
¢
O
r
' D
M
M
N
T
r
F-
N
N
2
z
z
2
W
O
2
U
O
W
O
N
N
U
L
F
N
N
O
w
W
Z
O
N
2
U
CC)
O
O
2
o
w
z
z
-
O
U
0
J
K
F
J
N
O
O
W
W
Q
O
O
U
N
w
z
LO
Clw
W
N
LL
w
2
W
m
¢
O
N
J
O
4
O
a
W
O
a
F
F
x
Z
O
z
J
W
L
w
O
O
LL
¢
LL
O
6
W
m
N
0-
O
2
O
U
K
O
z
Z
W
F-
m
O
R
2
w
O
OU
a
o
f
EL
/-
F
F-
o
z
In
O
N
O
N
a
Z
-
F-
N
CL
O
O
O
W
O
F-
F-
W
O
C
C
a
x
W
W
Z
U
U
d
C7
0
a.
Z
Z
ST.
ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY
OF OPERATIONS
YEAR TO
JUNE 30, 1972
YEAR TO
YEAR TO
INCREASE
STORE ONE
_%
6-30-72
%
6-30-71
DECREASE*
NET SALES
100.00
471,195.77
100.00
476,831.34
5,635.57*
COST OF GOODS SOLD BE-
FORE PROMOTIONAL DISC.
67.99
320,377.35
68.34
325,850.89
5,473.5
GROSS PROFIT BEFORE
DISCOUNT
32.01
150,818.42
31.66
150,980.45
162.03*
PROMOTIONAL DISCOUNTS
3.68
17,340.36
5.15
24,548.32
7,207.96*
GROSS PROFIT AFTER
DISCOUNT
35.69
168,158.78
36.81
175,528.77
7,369.99*
OPERATING EXPENSE
25.14
118,460.00
21.84
104,147.53
14,312.47
PROFIT FROM OPERATIONS
10.55
49,698.78
14.97
71,361.24
21,682.46*
NET NON OPERATING INCOME
1.46
6,855,93
1.61
7,654.40
--Y28.17*
NET INCOME
12.01
56,554.71
16.58
79,035.64
22,480.93*
STORE TWO
NET SALES
100.00
407,551.62
100.00
402,519.09
5,032.73
COST OF GOODS SOLD BE-
FORE PROMOTIONAL DISC.
70.62
267,609.51
71.62
269,077.60
1,266.09*
GROSS PROFIT BEFORE
DISCOUNT
29.38
119,742.31
28.18
113,441.49
6,300.82
PROMOTIONAL DISCOUNTS
4.87
19�
6.26
64.91
5,423.18*
GROSS PROFIT AFTER
DISCOUNT
34.25
139,604.04
34.46
136,726.40
677.64
OPERATING EXPENSE
22.26
90,734.71
22.00
66,558.30
2,176.41
PROFIT FROM OPERATIONS
11.99
46,669.33
12.46
50,168.10
1,296.77*
NET NON OPERATING INCOME
1.15
4,678.85
1.34
5,379.75
700.90*
NET INCOME
13.14
53,546.18
13.80
55,547.85
1,999.67*
ST. ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY OF ON AND OFF SALES
YEAR TO JUNE 30, 1972
COMBINED
ON SALE
2ND QTR.
1972
YEAR TO
DATE 1972
YEAR TO
DATE 1971
INCREASE
DECREASE*
NET SALES
COST OF GOODS SOLD
115,101.84
38,332.58
225,401.65
76.574.29
229,384.05
71,720.25
3,982.40*
__4lf5A.04
GROSS PROFIT FROM SALES
76,769.26
148,827.36
157,663.80
8,836.44*
RATIO TO NET SALES
66.70%
66.03%
6$.73
2.700*
OPERATING EXPENSE:
SALARIES & IMAGES
ALL OTHER EXPENSE
47,287.58
10.993.-0
91,417.63
24,129.64
83,278.63
8,139.00
24,659.16
__j22.52*
TOTAL OPERATING EXPENSE
58,280.65
115,547.27
107,937.79
7,609.4$
RATIO TO NET SALES
50.63
51.26
47.06
4.20%
PROFIT FROM OPERATIONS
OTHER INCOME
18,488.61
33,280.09
49,726.01
16,445.92*
- NET
1,856.44
3,777.65
4,135.97
-AGR z2*
NET INCOME
20,345.05
37,057.74
53,861.98
116,804.224*
RATIO TO NET SALES
17.68%
16,44
23.480
7.040*
OFF SALE
NET SALES
COST OF GOODS SOLD
348,515.75
268,642.12
653,345.94
494,410.48
649,966.38
3079.56
493.375.01
1.035.47
GROSS PROFIT FROM SALES
79,873.63
158,935.46
156,591.37
2,344.09
RATIO TO NET SALES
22.92/
24,33
24.09
0.24%
OPERATING EXPENSE:
SALARIES & WAGES
ALL OTHER EXPENSE
37,069.31
71,673.40
62,584.91
99088.49
10,318.9$
21,974.04
224183.13
_L02. 09*
TOTAL OPERATING EXPENSE
47,388.29
93,647.44
84,768.04
$9879.40
RATIO TO NET SALES
13.60
14.33
13.04%
1.29%
PROFIT FROM OPERATIONS
OTHER INCOME
32,485.34
65,288.02
71,823.33
6,535.31*
- NET
3.727.OA
7,757.13
8,898.18
1,141.05*
NET INCOME
36,212.38
73,045.15
80,721.51
7,676.36*
RATIO TO NET SALES
10.39
11.180
12.421
1.24%*
ST. ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY OF ON AND OFF SALES
YEAR TO JUNE 30, 1972
STORE ONE
ON SALE
2ND QTR.
1972
YEAR TO
OA TE 1972
YEAR TO
DATE 1971
INCREASE
DECREASE*
NET SALES
70,o64.22
132,040.79
136,755.02
4,714.23*
COST OF GOODS SOLD
24,008.05
46,283.82
42,307.58
39976.24
GROSS PROFIT FROM SALES
46,056.17
85,756.97
94,447.44
8,690.47*
RATIO TO NET SALES
65.73%
64,95%
69.o6%
4.11q*
OPERATING EXPENSE:
2,461.06
5,001.7$
5,516.23
514.45*
SALARIES & WAGES
28,559.73
56,078.50
48,805.17
7,273.33
ALL OTHER EXPENSE
6,164.60
13,268.19
14,218.12
949.93*
TOTAL OPERATING EXPENSE
34,724.33
69,346.69
63,023.29
6,323.40
RATIO To NET SALES
49.56%
52,52%
46.o8oJ
6.44%
PROFITS FROM OPERATIONS
11,331.84
16,410.28
31,424.15
15,013.87*
OTHER INCOME — NET
938.E
1,854.15
2,138.17
284.02*
NET INCOME
12,270.19
18,264.43
33.562.32
15,297.89*
RATIO To NET SALES
17.51%
13.83%
24.54%
10.71%*
OFF SALE
NET SALES
182,992.30
339,154.96
340,076.32
921.34*
COST OF GOODS SOLD
141,535.45
256.753.17
258,994.99
2,241.82*
GROSS PROFIT FROM SALES
41,456.85
82,401.81
81,081.33
1,320.48
RATIO To NET SALES
22.66%
24.30%
23.84%
0.46,
OPERATING EXPENSE!
SALARIES & WAGES
20,224.75
39,947.55
31,766.o8
8,181.47
ALL OTHER EXPENSE
4,483,139,165.76
9,358.16
192.40*
TOTAL OPERATING EXPENSE
24,707.88
49,113.31
41f 124.24
7,989.07
RATIO To NET SALES
13.50%
14,48%
12.09%
-
2 -3V
PROFITS FROM OPERATIONS
16,748.97
33,288.50
39,957.09
6,668.59*
OTHER INCOME — NET
2,461.06
5,001.7$
5,516.23
514.45*
NET INCOME
19,210.03
38,290.28
45,473.32
79183.04*
RATIO TO NET SALES
10.50%
11.29%
13.37%
2.08
ST. ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY OF ON AND OFF SALES
YEAR TO .JUNE 30, 1972
STORE TWO
ON SALE
2ND QTR.
1972
YEAR TO
DATE1972
YEAR TO
DATE 1971
INCREASE
DECREASE*
NET SALES
COST OF GOODS SOLD
45,037.62
14.324.53
93,360.86
30.290.47
92,629.03
29,412.67
731.83
__Z7.
GROSS PROFIT FROM SALES
30,713.09
63,070.3399
63,216.36
145.97*
RATIO TO NET SALES
68.19%
67.55%
68.25%
5��
0.7q,,
OPERATING EXPENSE:
SALARIES & WAGES
ALL OTHER EXPENSE
18,727.85
35,339.13
34,473.46
865.67
4,828.47
10,661.45
10.441.04
420 .41
TOTAL OPERATING EXPENSE
23,556.32
46,200.58
44,914.50
1,286.08
RATIO To NET SALES
52.30%
49.49/
48.49%
1.00%
PROFIT FROM OPERATIONS
OTHER INCOME - NET
7,156,77
16,869.61
18,301.86
1 ,432.05*
916.09
1.923.50
1,997.80
74.30
NET INCOME
8,074.86
18,793.31
20,299.66
1,506.35*
RATIO TO NET SALES
17.93%
20.13%
21.92%
1.79%*
OFF SALE
NET SALES
COST OF GOODS SOLD
165,523.45
127,106.67
314,190.96
237,657.31
309,890.06
234,380.02
4,300.90
3,277.29
GROSS PROFIT FROM SALES
38,416.78
76,533.65
75610.04
1,023.61
RATIO TO NET SALES
23.21%
24.36%
24.37%
/°
0.01% *
OPERATING EXPENSE:
SALARIES & WAGES
ALL OTHER EXPENSE
16,844.56
31,725.85
30,818.83
907.02
5,835.85
12,808.28
12,824.97
16.69*
TOTAL OPERATING EXPENSE
22,680.41
44,534.13
43,643.80
890.33
RATIO To NET SALES
13.70%
14.17%
14.06%
0.09%
PROFIT FROM OPERATIONS
OTHER INCOME — NET
15,736.37
31,999.52
31,866.24
133.28
1,265.98
2,755.35
3,381.95
626.60*
NET INCOME
17,002.35
349754.87
35,248-19493-32*
RATIO TO NET SALES
10.27%
11.06%
11.37%
0.310%.*
ST. ANTHONY MUNICIPAL LIQUOR STORES
OPERATING EXPENSE
BAR MAGES
OFF SALE WAGES
CUSTODIANS I,JAGES
MANAGERS SALARIES
BOOKKEEPERS SALARIES
MEDICAL - LIFE INSURANCE
PENSION CONTRIBUTION
PAYROLL EXPENSE
LAUNDRY
BAR SUPPLIES
OFF SALE SUPPLIES
CLEANING SUPPLIES
OFFICE EXPENSE
TRAVEL
SUPPLIES - EXPENSE
RENT
HEAT - FUEL
UTILITIES
TELEPHONE
SANITATION EXPENSE
CASUALTY - LIABILITY INS.
REPAIRE - MAINTENANCE
DEPRECIATION
OCCUPANCY EXPENSE
SECURITY SERVICES
ADVERTISING - SIGNS
ACCTG. - LEGAL - LICENSES
MUSIC SERVICE
SERVICE EXPENSE
YEAR TO JUNE 30, 1972
COMBINED
2ND QTR.
1972
34,854.73
25,990.66
3,819.43
7,394.72
3,821.41
1,784.76
6,691,18
84,356.89
1,045.60
1,484.15
989.50
503.14
215.98
259.60
4,497.97
3,997.38
426.51
1,602,40
318.23
684.50
2,448.49
2,218.16
3,782.36
15,478.03
492.65
318.00
124.00
401.40
_1,336.05
YEAR To
DATE 1972
64,773.91
47,977.62
7,011.33
17,454.21
7,445.51
4,084.76
14,343.69
163,091.03
2,164.85
2,985.42
2,074.97
976.42
373.44
371.30
8.9 .40
7,994.76
1,126.90
3,391.39
577.02
714.50
9,335.06
4,413.71
7.42 .85
34,979.19
951.29
636.00
124.00
466.80
2,178.09
YEAR TO
DATE 1971
59,285.70
40,968.03
6,938.68
17,264.25
6,445.72
3,218.98
11,742.18
145,86. a
2,267.16
2,578.09
2,201.35
786.13
454.29
377.85
8,664.87
7,994.76
1,152.21
2,865.20
449.31
606.00
14,536.85
2,217-34
7,067.20
36,888.87
974.50
124.25
59.00
130.80
TOTAL OPERATING EXPENSE 105,668.94 209.194 71 192.705.83
INCREASE
DECREASE*
5,488.21
7,009.59
72.65
189.96
999.79
865.78
2,601.51
1 22 .49
102.31*
407.33
126.38*
190.29
80.85*
6.55*
281.53
25.31*
526.19
127.71
108.50
5,201.79*
2,196.37
8.6
-WO9.68*
.68*
23.21*
511.75
65.00
6.00
889. L
W
O
Z
W
CLx
X
W
c7
Z
F -
Q
fi
W
0
O
W
W
(Y
h -
fn
fY
O
J
J
a
U
Z
F
}
Z
O
Z
F
Z
W W M r \O H\ I- M aN x\ \O ON N L*f\
y y m�t_\O O\T \O IN fTN CNMNN
a a Lj O� rA UI O\'
W w r r-Lf\m GN(YN N tiMN m M\O
V U Or L-K\d'r0 r NOr r
z w N N M •... r
O MLr, O'D-t X000
el' O O VINO O
A Lir C l O\OmN\Op
O \O L(l LIN m M M
m m r M
r
O\ O CF CYN O\ M LIN O\ UN O
NO\rr M NrOL- O\Lf\t- mITmr._TL�
N
p
o \\ONM1,1 L\L�O�OOOO\O O\O �N10 MW a-''�00\rGOOM ON\ �Y \ OOOJ OT,Tr\N1`N
r;NOMr- \Or1rOm
NNN
N CO \O \O \O O\ CO CO \O N r \p
O\C1'r O\L�mm 1`NO O\l-ic',
�m�
r \OO LI\N M �O UNr N mx}41:
ONr N NLr N\ON d'I--P I`LT N\
O\ O M . [-- O \O O ON N T fT c}LOf\
NNN\O MTM r to --\
r
Lf\O Orr
V, Lf\ m L-1 � O\ 0 0 O r
�k O O m N
O\\O m M • N
CN\j Go
N MMIT�m d' \o `O\OM
P T m p
T P
O O 'd\O r M t` r m m Lf-, \O O O\ l0 m
O\\ON O\L-lf\V C` C\, ML� MO m T Lf\00 O
\O LfN
C; \z t-10;MtONNMOMO\Ol
O\O \DOr M OO\O �t OIT L�l�\O MT N\O O 0NP M
''t m M \O O\ r- \p M M d' r r d' \O O\ O \O m Ln O \O O N
fTN(`r NNLf\O\r N M p
r P r M r N P M P
m r
k #
W W mmr0\N 111 01 d t'-,, O\mm
M CO d' M m \O 0101, M M
r M * * 'k
N O m O\ r LfN LIN
N m N
y yM
r
O
T M O ON OJ \O L` N lf\
O
a¢ r ON \O LIN LT Lf\ l0 �{ N O P M M
•
P
a: ¢ ry- m m LIN lam- l� PI\ IY\ r O\ \O
�\O
I N N to r (T M N \p \p N
O N
O U U CQ W\
M ^
N�MMM� rMM
N r
1101
z OW M <} M r
.. w
w r
M T r
P
r r M cr \O M Lr\
O �� O\N N N N VC M U-.1l
Ln Lf\O
O
t"' r O V N N LIN •
T� O\ N
fToNON MO N tIN N LIN
w O N lam- uN N Lf\ O \O m
L- m O L --\O \O !T
yaj F . m � N O �� (T V N rm N
1 *" oO Lr\ O\ � OD Lf\ N
L� 1p N MMT N
1
}O �N K\L�MTL�Orr
d-
r
} ZLLI
p m
P m P
W
r
O
fY N O\ r LIN LIN Ul O 01"E- l0 LIN r
<; �N L-O\m000\�bLt,
O:x
00
F-
\NO L--LIfION NO N\ND� 00
O OW
t-
EO OWNmrI
ID\O
m fA L� L� L,- V'\O OLh ON0 Lir r
1w,
m LSO OWN rp \p
rmNLf
m N VO\�>-
O\ U\ ci- O M N m \O
M N r
r �{- C\7 \p
m
r
r
M\O O\\00 MT NN L-- LINmm P
mOr N L� `}\ppm Lf\m
M\O O\O\O\Oco N 000
T
C\jj
NT Nd'
O O
T m O m l0C._
O r
N
T mO
" LNm O\ m U'\ 10
�U'\ W\
s zV
LrIfdLr\ Ir Nl--O011O
-;t \,o
N
O
ICO N
r
N M r r fA r
N i N r
r r N
W
W
U
U
2
Z
y a
w7
¢ y
w
W
y
W 2
0
W
2 wz
y K y - w w
w a z h y y y
2 y y w
w- a z z o
w
a
a
w w
W a m w
y z W y U_
X
W
y o a O w- a J J W W
W w h X U O J
W 0
a 3 �` LL � x I
- h W y a a
a a z W_
_
x '_ > 1 I
2 z
J
J W
3
W
W J a z} Y
_
V) O J (n O a W
2 y W I
l O z
X
U J J �-
W W 6- a
m
y W O O 2 L7 >
1 hoc
U' J- K W J z m} a J Z 'L
LL W z-} a s} y J w
W W
a O w w a 0} K O a- W J
(n O
1- l m
O
L7 X U- a 0 (!) fn z U W O
h
V
2 LL y z O O z a O m 2¢
_
J w F O a w 0 0
LL W LL¢
a LL O¢ O W W a a LL J LL [C
w h>
U> U y
a
W W h W a a w w a 0 =(w
mOU eco Jm0 f,>p h' X20 F-L!)Uxo
w h
O
Lw
F
NOTES ON QUARTERLY REPORT
SECOND QUARTER ENDED JUNE 30, 1972
BALANCE SHEET
INVENTORIES DECREASED :25,741 FROM THE END OF THE PREVIOUS QUARTER,
AND 440,540 FROM JUNE 30, 1971.
INCOME STATEMENT
TOTAL SALES DECREASED $603. FROM 1971 AND NET INCOME DECREASED
$24,481. PROMOTIONAL DISCOUNTS DECREASED 412,631 DUE TO A DECREASE
IN PURCHASES OF $94,203 DECREASING THE PROFIT FROM OPERATIONS BY $22,981.
STORE ONE
NET SALES DOWN $5,635. COST OF GOODS SOLD DOWN 35,473. PROMOTIONAL
DISCOUNTS DOWN X7,208. NET INCOME DOWN 322,481.
STORE TWO
NET SALES UP y5,033. COST OF GOODS SOLD DOWN aP1,268. PROMOTIONAL
DISCOUNTS DOWN $5,423. NET INCOME DOWN X2,000.
ON SALE
COMBINED SALES DOWN :x3,982. INCOME DOWN X16,804.
STORE #1 SALES DOWN $4,714. INCOME DOWN $15,298.
STORE #2 SALES UP $732. INCOME DOWN 41,506.
OFF SALE
COMBINED SALES UP 33,380. INCOME DOWN $7,676.
STORE #1 SALES DOWN 3921. INCOME DOWN X7,183.
STORE #2 SALES UP $907. INCOME DOWN :493.
ST. ANTHONY VILLAGE MUNICIPAL LIQUOR STORES
FINANCIAL REPORT - FIRST QUARTER 1972
**********
ST. ANTHONY MUNICIPAL LIQUOR STORES
BALANCE SHEET
MARCH 31, 1972
ASSETS
CASH IN BANK R: TRANSIT
$ 11,622x63
CHANGE & IMPREST PETTY CASH
MISCELLANEOUS RECEIVABLES
56,110.00
MERCHANDISE INVENTORIES
1,309.52
INVESTMENTS - CERTIFICATES OF DEPOSIT
258,799.54
PREPAID EXPENSES
100,000'00
12,5211=65
TOTAL CURRENT ASSETS
$ 440,363.34
LAND, BLDG. & IMPROVEMENTS
ALLOWANCE FOR DEPRECIATION
FURNITURE,
264'100.64
(88,948.91)
FIXTURES, EQUIPMENT
ALLOWANCE FOR DEPRECIATION
131,432.38
900.54.0j)
TOTAL FIXED ASSETS
$ 216,230.06
TOTAL ASSETS
s 656.593_4o
LIABILITIES
TRADE ACCOUNTS PAYABLE
ACCRUED SALARIES
$ 42,578.22
ACCRUED PAYROLL DEDUCTIONS
10,802.44
MINNESOTA SALES TAX FUND
(491.49)
_5a883.!3
TOTAL CURRENT LIABILITIES
$
8,772.50
5
NET WORTH
597,820.90
TOTAL LIABILITIES AND NET WORTH
p 65
a v 6,23440
NET WORTH SUMMARY
BALANCE, JANUARY 1, 1972
-
$ 621,410.64
AUDITOR'S ADJUSTING 1971 JOURNAL ENTRIES
-2,135.20
NET INCOME, FIRST QUARTER 1972
53,545.46
LESS TRANSFERS TO GENERAL FUND
BALANCE, MARCH 31, 1972
_75,000.00
L59 90
F-
2 �
w O 2
R0
O U O w
LL F N
m O N _ z N O
O O
1 O O z
W Z
O U C
J N O O W w ¢ O
O N J m — ¢ W 4
w o a O x 0 ¢~
z o z ~ 1 x w
0 o LL a LL w E w
col
N 0- o z o Cv ¢ O I
O J LL O d Ll z LL 2
O ¢ O x I- F F O z
U) O 0 O N ¢ Z
Ln a 0 0 o w o t -
w o m w w
z o 0 Li Q 0
CL -- z
O
V
M
m
W W
Ln Ln
G}
CN
'
r
Fr
O
LT
a ¢
\O
N
ON
r
"
tT
¢
[`
o
lr
I
r
r
N
ON
U v
¢
O
'-
m
ON
p
w 1
r
r
F-
2 �
w O 2
R0
O U O w
LL F N
m O N _ z N O
O O
1 O O z
W Z
O U C
J N O O W w ¢ O
O N J m — ¢ W 4
w o a O x 0 ¢~
z o z ~ 1 x w
0 o LL a LL w E w
col
N 0- o z o Cv ¢ O I
O J LL O d Ll z LL 2
O ¢ O x I- F F O z
U) O 0 O N ¢ Z
Ln a 0 0 o w o t -
w o m w w
z o 0 Li Q 0
CL -- z
V
M
m
Fr
\O
�
ON
¢
N
•
M
N
¢
Lrl
O
p
w 1
LT
r
w
\
} M
110
Lrl
r
N
lr
r
I
N
M
r
N
Lf')
r
LD
w
D:
C)
Om
O
N
[+
(T
m
r
N
M
Ln
M
r
�o
m
LD
�O
�}
O
Or
\O
LN
M
N
r
0
l�
L�
ZD
2
LT
O'
O
J
F-
J
a
M
N
O
O
(�
M
[�
s
x
H
N
a\
I
VO
Ow
U
¢
1
M
r
Or
_
N
�N
LA
N
_IL[N
1
lo
1�n
}
tIl
}
p
CF
m
"I\
O
ct
tll
N
r
r
r
Z
�
O
�
¢
_
�
w
-
NNO
¢
Imo-
�O
d'
a\
V'
�
m
F-
0
�o
M
M
N
r r
r
F-
2 �
w O 2
R0
O U O w
LL F N
m O N _ z N O
O O
1 O O z
W Z
O U C
J N O O W w ¢ O
O N J m — ¢ W 4
w o a O x 0 ¢~
z o z ~ 1 x w
0 o LL a LL w E w
col
N 0- o z o Cv ¢ O I
O J LL O d Ll z LL 2
O ¢ O x I- F F O z
U) O 0 O N ¢ Z
Ln a 0 0 o w o t -
w o m w w
z o 0 Li Q 0
CL -- z
STORE ONE
NET SALES
COST OF GOODS SOLD BE-
FORE PROMOTIONAL DISC.
GROSS PROFIT BEFORE
DISCOUNT
PROMOTIONAL DISCOUNTS
GROSS PROFIT AFTER
DISCOUNT
OPERATING EXPENSE
PROFIT FROM OPERATIONS
NET NON-OPERATING INCOME
NET INCOME
STORE TWO
NET SALES
COST OF GOODS SOLD BE-
FORE PROMOTIONAL DISC.
GROSS PROFIT BEFORE
DISCOUNT
PROMOTIONAL DISCOUNTS
GROSS PROFIT AFTER
DISCOUNT
OPERATING EXPENSE
PROFIT FROM OPERATIONS
NET NON-OPERATING INCOME
NET INCOME
ST. ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY OF OPERATIONS
YEAR TO MARCH 31, 1972
YEAR TO YEAR TO
INCREASE
3-31-72
-% 3-31-71 DECREASE*
100.00 218,139.25 100.00 221,934.82
3,795.57*
67.19 146,558.42 66.43 1.47,440. 56 882.14*
32.81 71,580,83 33.57 74,494.26 2,913.43*
4.16 9,064.93 4,67 10.362.51 1,297.58*
36.97 80,645.76 38.24 84,856,77 4,211.01*
27.06 59,027.79 23.59 -52,353,20 _61674-59
9.91 21,617.97 14.65 32,503.57 10,885.60*
1.58 3,456.52 1.79 3,975.17 18.65*
11,49 25,074.49 16.44 36,478.74 111404.25*
100.00 196,990,75 100.00 194,960.65 2,030.10
69.38 L62673.32 68,67 iji,188._71 2,784.57
30.62 60,317.43 31.33 61,071.90 754.47*
5.16_10,156.7a 5.75 -.112210.97 123*
35.78 70,474.17 37.08 72,282.87 1,808.70*
22.59 _44J 4_ 97.98 22.09 056.48 1,4 1.50
13.19 25,976.19 14.99 29,226.39 3,250.20*
1.27 2.494.78 1.44 2,799.82 305.*
14.46 28,470.97 16.43 32,026.21 3,555.24*
ST.
ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY OF ON
AND OFF SALES
COMBINED
YEAR TO MARCH
31, 1972
ON SALE
YEAR TO
DATE 1972
YEAR TO
INCREASE
NET SALES
DATE 1971
DECREASE*
COST of G000s Solo
110,2
38 249.71 112,963.94
2,664.13*
GROSS PROFIT FROM SALES
72,058.10
34,276.11
1965.60
RATIO TO NET SALES
65.33%
78,687.83
6,629,73*
OPERATING EXPENSE:
69.66%
4.33%*
SALARIES, WAGES, BENEFITS
ALL OTHER EXPENSE
44,130.05
40 818. 1
3,311.14
TOTAL OPERATING EXPENSE
_13,136.57
_12,626.32
510.25
RATIO
57,266.62
53,445.23
3,821.39
TO NET SALES
51.92%
47.31%
PROFIT FROM OPERATIONS
OTHER INCOME - NET
14,791.488
25,242.66
4.61
10,451.12*
NET INCOME
1.921.21
p,27Z.(6
_ 356 45*
RATIO TO NET
16,,712.69
27,520.26
10,807.57*
SALES
15.15%
24.36%
9.21%*
OFF SALE
NET SALES
COST of GOODS SOLD
304,830.19
225,768.36
303,931.53
898.66
GROSS PROFIT FROM SALES
79,061,83
22J,479-72
--- 864
RATIO TO NET SALES
25-94%
78,451.81
610.02
OPERATING EXPENSE:
25-81%
0'13%
SALARIES, WAGES, BENEFITS
ALL OTHER EXPENSE
34,604,09
30,410.06
11.6 55 06
11,5 4.39
4,194.03
TOTAL OPERATING EXPENSE
46,259-15
100.67
RATIO TO NET SALES
41,964,49
4,294.70
PROFIT FROM OPERATIONS
15.18%
13.81%
1.37°,��//
OTHER INCOME - NET
32,802 66
4,030.09
36'487.36
3,684.68*
NET INCOME
4,497.33
467.24*
RATIO TO NET SALES
36,832.77
40,984,69
4,151.92*
12.08%
13-48%
1.40%*
ST.
ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY OF ON AND
OFF SALES
STORE ONE
YEAR TO MARCH
31, 1972
ON SALE
YEAR TO
DATE 1972
YEAR TO
INCREASE
NET SALES
DATE 1971
DECREASE*
COST OF GOODS SOLO
61,976.57
22,275.77
65,098.49
.47
2,120.90*
GROSS PROFIT FROM SALES
39,7QQ,BO
-IL5�5
45,553.02
.73 3
RATIO TO NET SALES
64.06%
69.98%
5,852,22*
OPERATING EXPENSE:
5.92%
SALARIES, WAGES, BENEFITS
ALL OTHER EXPENSE
27,518.77
24,252.05
TOTAL OPERATING EXPENSE
_ 7,13. 93,266,72
---
_ 7,�9. i6
315.77*
34,622.36
31,671.41
2 '950.95
RATIO TO NET SALES
55.86%
48.65%
7.21%
PROFIT FROM OPERATIONS
OTHER INCOME - NET_
5,078,44
13,881.61
8,803.17*
NET INCOME
915.80
1,209.01
29 .21*
5,994.24
15,090.62
9,096.3$*
RATIO TO NET SALES
9.67%
23.18%
13.51%*
OFF SALE
NET SALES
COST OF GOODS SOLD
156,162.68
156,836.33
6 73.654*
GROSS PROFIT
115.217.72
117. 32.58
,3
FROM SALES
40,944.96
39,303.75
1,641.21
RATIO TO NET SALES
26.22%
���
,25.06%
OPERATING EXPENSE:
1'16°
SALARIES, WAGES, BENEFITS
ALL OTHER EXPENSE
19 722.$0
�
15,416.66
4,306.14
TOTAL OPERATING EXPENSE
4,682.63
_ 5,265.13
-__L82.50*
24,405.43
20,681.79
3,723.64
RATIO TO NET SALES
15.63%
13.19%
PROFIT FROM OPERATIONS
OTHER INCOME - NET
16,539.53
18,621.96
2.44%
2,082,43*
NET INCOME
-_2+540.72
2,766.16
22 .44*
RATIO TO NET SALES
19,080.25
21,388.12 ,3
2.307.87*
12.22%
13.64%
1,42%*
ST. ANTHONY MUNICIPAL LIQUOR STORES
SUMMARY OF ON AND OFF SALES
STORE TWO
YEAR TO MARCH 31, 1972
ON SALE
YEAR To
DATE 1972
YEAR To
INCREASE
NET SALES
—DATE 1919711
DECREASE*
COST of GOODS SOLD
48'323•�4
1 65.9
47,865.45
14,730.64
57 9
GROSS PROFIT FROM SALES
32,357.30
12235.30
RATIO TO NET SALES
66.96%
33,134.81
777.51*
OPERATING EXPENSE:
69.3% 2 0
2.27%*
SALARIES, WAGES, BENEFITS
ALL OTHER EXPENSE
16,611.2$
16,566.86
TOTAL OPERATING EXPENSE
6,0 2.98
-ILL06.96
44.42
826.02
--
22,644.26
21,773.82
RATIO TO NET SALES
46.86%
870.44
PROFIT FROM OPERATIONS
OTHER
9,713.04
45.49%
1.37%
INCOME — NET
1 00 5.41
11,360.99
1,068.6
1,647-95*4.�7�.�95*
NET INCOME
--
�-6L.2 �*
RATIO TO NET SALES
10,718.45
12,429.64
1,711.19*
22.18%
25.97%
3.79%*
OFF SALE
NET SALES
COST of GOODS SOLD
148,66 1
7 5
110,550.64
147,095.20
10
1,572.31
GROSS PROFIT FROM SALES
9 .1
2.60 50
RATIO TO NET SALES
38,116.87
39,148.06
1,031.19*
OPERATING EXPENSE:
25.64%
26.61%
0.97%,*
SALARIES, WAGES, BENEFITS
ALL OTHER EXPENSE
14,881.29
14,993.40
TOTAL OPERATING EXPENSE
6.972.43
6.28 26
112,11*
68 •1
RATIO TO NET RALES
21,853.72
21,282,66
571.06
PROFIT FROM OPERATIONS
OTHER
14.70%
16,263.15
14.47%
0.23%
INCOME — NET
1,489.37
17,865.40
1,602.255*
NET INCOME
1,731.17
--2-4-1.80*
RATIO TO NET SALES
17,752.52
19,596.57
1.844.05*
11.94%
13.32%
1.38%*
ST. ANTHONY MUNICIPAL LIQUOR STORES
BAR WAGES
OFF SALE WAGES
CUSTODIANS WAGES
MANAGERS SALARIES
BOOKKEEPERS SALARIES
MEDICAL - LIFE INSURANCE
PENSION CONTRIBUTION
PAYROLL EXPENSE
LAUNDRY
BAR SUPPLIES
OFF SALE SUPPLIES
CLEANING SUPPLIES
OFFICE EXPENSE
TRAVEL
SUPPLIES - EXPENSE
RENT
HEAT - FUEL
UTILITIES
TELEPHONE
SANITATION EXPENSE
CASUALTY - LIABILITY INS.
REPAIRS - MAINTENANCE
DEPRECIATION
OCCUPANCY EXPENSE
SECURITY SERVICES
ADVERTISING - SIGNS
ACCTG. - LEGAL - LICENSES
MUSIC SERVICE
SERVICE EXPENSE
OPERATING EXPENSE TOTAL
OPERATING EXPENSE
YEAR TO MARCH 31, 1972
COMBINED
YEAR To
DATE 1972
29,919.18
21,986.96
3,191.90
10,059.49
3,624.10
2,300.00
6 2. 51
8 34.1
1,119.25
1,501.27
1,085.47
473.28
157.46
---Ll
8.43
3,997.38
700.39
1,788.99
258.79
30.00
6,886.57
2,195.55
--.3z643-49
122501.16
458.64
318.00
�65-4
842,04
103,525y7
YEAR To
DATE 1.971
29,106.85
20,028.53
3,409.61
8,506.96
3,122.56
1,652,36
02.10
-II&L28.9
1,151.24
1,455.00
1,024.91
409.47
315.91
_210.80
4,567. 3
3,997.38
776.43
1,597.36
222.16
299.00
7,332.17
1,187.78
_3,533.60
15.88
485.10
112.00
5.00
65.40
667-50
II• •:
INCREASE
DECREASE*
812.33
1,958.43
217.71*
1,552.53
501.54
647.64
2,2 0.41
7,50 .17
31.99*
46.27
60.56
63.81
158.45*
99,10*
118,90*
76.04*
191.63
36.63
269.00*
445.60*
1,007,77
--10-2-.8-9
555.28
26.46*
206.00
5.00*
174-54
N
L—
O\
T
Ir
M
WI
O
U)
U)
W W U'l O\ O r M * *** O
¢ ¢ iU�0\\OmO �MO�\0O0 NM
O
W w ONMNON
a w LII L1�l�C N 10\O�lMO N� 1 •CD
O r
O L rl O O N W * ' k
N\4OO"t �t NMp� 0
1 U1�O �V •� O0\N r
r TCT `TTN 1icl\j
T
r
F -T
l� N U1 O cf O O
C9kNUl O
co
MnMI�M N
�oocl' �
S pTr�
O
O
��NOOMV!A
NO
�p OO�Lt\Trl r�N \OGOD
C'jN
OD NO0
O\'
T
w
U
1O`
Nrr O\"tOO\N
N
MN
N
N r
OM \0L(1\I0 M�
OON
a:)T
0'
LAN O CN
N
�r OMrlm
N O
Ot
W
Q�\h00U1MN•
WN
ON
O d'OO�
O\N O1
} OT¢
O
Li
M 1141)
rTr
Tcr0Op0
MN
r
W W CO cF' O M M r ** -k :k :k
¢.¢ TCO Nr LOCO m M\p r-n��0O CoVMO * * 00
W W �LIl�lllp •N 0 CI\OOinCTU1f\MMM�N �()\MN OICIV
1 r. -N'% LfI O Ln MNp I TSD \OTS r M i
r CO
rI\L�D
OL- CK
M\ONip T O\Or N _•
N
OMMO•ulN�h0 NIC.-'YtM 0 0O 0TNlN��r[O 111 �NV� N\lf\�N\O 1*1
co �O--,
COOLnCOTMEQ
O\ N LC\
1ICIIJ
O
ON
I N
V N O\ N
N l0 U\\O Ol U\!�
T CT d'O \OO \O
O\c)NMT r OMlO�
0
l aql
C\jCV C\1I I NOO\O NMO �tpo
�010 0 -,0MNIOO\+VVOW NO\O O\� NOCJON
O
W
w
U
U
Z
a
¢
¢ N
Z
U)
C
W
w
WO O
Z
N U
W
WO
Z
U)
W¢?
2
N N
4
W?¢
N
a
a 2
w
4
X
y)
-I m
w
W W
—
x
2
Z
W N
U w
N
W
W
W
U
t7
3
J
U) w a:
X
4 d Ln
1
a¢ Z
L� V
W
C7
3
— F-
J a
W
Ln 4 4. Z
w>>
M
x--
W J¢
J
I l w
a
x
Z
-
N
y¢
a
W
w
w
— co
y
W
a}
f O
Q V
W
F-
1 U
J
J X
W
_
Z 1
U W
O
¢
w J Z�}
W
J
Li W Z
I Q
? W C
¢¢
O
4 J Z
}
a
U
W
3 Ln
0¢
U o¢
O
w
(n
1 H S
1—
N 1 Cw
>
p
Y
a¢¢
N a w�
J C U
U~
EL
N
U
w w
0
h
(n
m 0 U g m0
J
w J w R
W
W
0>
¢
mOUOF-
H2O
FW
(nOCYW D
F
(!))¢¢