Laserfiche WebLink
<br />..~_:'~u~O;J;: t<A~ ;:OJ lJ44b <br />, - <br /> <br /> <br />I ' <br />!~ <br />!~ <br />-- <br />II <br />II <br />II <br />II <br />II <br />. <br />.' <br />. <br />.' <br />. <br />. <br />II <br />II <br />11 <br />~ <br /> <br />MC~lanon ASSO~ ___ <br /> <br />-; 1<"1' LAUVE1<VALE <br /> <br />McMAHON ASSOCIATES, INC. AND AFFILIATE <br />COMBINED STATEMENTS- OF EARNINGS AND RETAINED EARNINGS <br />YEARS ENDED DECEMBER 31. 2001') AND 2005 <br />(SEE ACCOUNTANTS I REVIEW '~EPORT) <br /> <br />2006 <br /> <br />2005 <br /> <br />106,400 .8 75.454 .6 <br />30.550) ( .2) 2 . 577 - <br />- <br />75.850 ~ 78.031 ~ <br />209,591 1. 5% 207,680 1.8% <br /> ~ <br />2~261.052 2.053.372 <br />! 2.470,641 $ 2.261.052 <br /> <br />Amount <br /> <br />Percent <br />of Net <br />Revenue <br /> <br />Amount <br /> <br />Gross revenue <br /> <br />$14,818,941 <br /> <br />$12,791,911 <br /> <br />Reimbursable expenses <br /> <br />L 109.355 <br /> <br />1. 085.605 <br /> <br />Net revenue <br /> <br />.13 ,709.586 <br /> <br />100.0% <br /> <br />11,706,306 <br /> <br />Di rect labor <br /> <br />4.67:1.970 <br /> <br />34.1 <br /> <br />3.973.619 <br /> <br />Gross margin <br /> <br />9,035,616 <br /> <br />65.9 <br /> <br />7,732,687 <br /> <br />Selling and administrative <br />expenses <br /> <br />63.8 <br /> <br />7.446.9Th <br /> <br />8.750.175 <br /> <br />Earnings from operations <br /> <br />285,441 <br /> <br />---.U <br /> <br />285.711 <br /> <br />Other (income) expenses <br />Interest expense <br />(Income) loss from real <br />partnership <br /> <br />estate <br /> <br />Net earnings <br /> <br />Retained earnings, beginning of <br />year <br /> <br />,Retained earnings. end of year <br /> <br />The accompanying notes are an integral part of these statements. <br /> <br />- 3 - <br /> <br />I{!J UU5 <br /> <br />Percent <br />of Net <br />Revenue <br /> <br />100.0% <br /> <br />34.0 <br /> <br />66.0 <br /> <br />63.6 <br /> <br />----.U <br />