Income Statement
[Company Name]
[Period ending date]
(all numbers in $000)
Current Month
Year to Date
Revenue
Amount
% of Sales
Amount
% of Sales
Gross sales
Less sales returns and allowances
Net sales
Current Month
Year to Date
Cost of Sales
Amount
% of Sales
Amount
% of Sales
Beginning inventory
Plus goods purchased/manufactured
Total goods available
Less ending inventory
Total cost of goods sold
Gross profit (loss)
Current Month
Year to Date
Operating Expenses
Amount
% of Sales
Amount
% of Sales
Selling
Salaries and wages
Commissions
Advertising
Depreciation
Total selling expenses
General/Administrative
Salaries and wages
Employee benefits
Payroll taxes
Insurance
Rent
Utilities
Depreciation and amortization
Office supplies
Travel and entertainment
Postage
Equipment maintenance and rental
Interest
Furniture and equipment
Total General/Administrative expenses
Total operating expenses
Net income before taxes
Taxes on income
Net income after taxes
Extraordinary gain or loss
Income tax on extraordinary gain
Net Income (Loss)