First of all,my apologies are addressed you and Misigaro for having delayed to submit the annual report.Since I am not a direct manager,I had to wait for being provided some details.
The Income Statement is the following:
Revenue: money received from bricks sales: 2 million 400 thousand Bu francs
:Cost of material to make bricks : 500 thousand Bu francs
: amount paid for the men to make bricks : 400 thousand Bu francs
:Further expenses(tickets from countryside to Bujumbura or vice- versa and various spendings on internet): 440 thousand Bu francs.
:Investment in co op : 200 thousand Bu francs.
The balance sheet is the following:
:Value of unsold bricks: 600 thousand.
:Value of the kiln : 550 thousand.
:Cash :1 million 120 thousand.
: co op value :400 thousand Bu francs
The total capital is 2 million 670 thousand Bu francs.
Note : We have face a loss of around 15 thousand bricks destroyed by the hard rain
which surprised us on September 2010.This was equivalent to 170 thousand Bu francs. So, the whole dividend should be 1 million 120 thousand.
May you have a nice understanding.
