Villa Inle Resort & Spa ( YGN)

Trial Balance ( Current ) as at 31 August 2014

Opening YGN
Account code Department Particular Debit Credit
50101 1000 PL Salary & Wages -FO
50101 2000 PL Salary & Wages - Kitchen
50101 3200 PL Salary & Wages - Spa
50101 3400 PL Salary & Wages - Laundry
50101 4000 PL Salary & Wages - Admin
50101 5000 PL Salary & Wages - S & M
50101 6000 PL Salary & Wages - M&E
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
Debit Credit Debit Credit Debit Credit Debit
- -
- -
- -
- -
2,865,000.00 2,865.00 -
260,000.00 260.00 -
- -
JV -Current (USD) Coso Trail
Credit Debit Credit
- - - -
- - - -
- - - -
- - - -
2,865.00 - 2,865.00 2,865.00
260.00 - 260.00 260.00
- - - -
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 August 2014
Opening -Inle
Account code Department Particular Debit Credit
50102 4000 PL Staff Related Expense
63015 4000 PL Staff Canteen Expenses
-
 USD JV -Current (USD) Coso Trail
Debit Credit Debit Credit Debit Credit
- - 223.62 - 223.62 - 223.62
1,380.25 - 290.69 - 1,670.94 - 1,670.94
1,188.76 - -
1,188.76
Department Sum of Total
100 14,236.84
200 (738.90)
1000 (22,811.76)
2000 (6,077.02)
3100 (65.23)
3200 (2,201.53)
3300 (7,712.54)
3400 (222.04)
4000 8,526.34
5000 1,779.71
6000 5,248.15
7000 2,497.90
8000 400.00
9000 7,140.08
(empty)
Total Result (0.00)
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 August 2014

Account code Department BS / Particular Amount (Inle) Amount (YGN) Total

11012 100 BS Cash in Hand 37,578.20 10,529.88 48,108.08
13023 100 BS Agoda 7,008.69 7,008.69
13023 100 BS Account Receiable -HO 15,149.66 15,149.66
13023 100 BS A/R Guest Ledger 2,325.03 2,325.03
13023 100 BS Account Receiable -HO - -
13024 100 BS City Ledger 45,450.09 (45,450.09) -
13024 100 BS City Ledger - -
13027 100 BS Construction- Pool ( Budozer ) Fix asset 6,475.00 6,475.00
13032 100 BS Current HO Payable (8,751.63) (8,751.63)
13032 100 BS Current HO Purchasing (11,279.37) 11,271.99 (7.38)
13032 100 BS Current HO Purchasing -Advance - 1,635.00 1,635.00
14011 100 BS Inventory-Food(Store) 2,208.57 2,208.57
14012 100 BS Inventory-Beverage(Store) 3,466.20 3,466.20
14013 100 BS Inventory - Cleaning Supplies 164.46 164.46
14013 100 BS Inventory-Cleaning Supplies( Store ) 1,069.81 1,069.81
14014 100 BS Inventory-Guest Supplies ( Store ) 959.78 959.78
14015 100 BS Inventory - Massage Oil 230.75 230.75
14017 100 BS Inventory-Printing Supplies ( Store 2,293.93 2,293.93
14019 100 BS Inventory Diesel for Generator 126.00 126.00
14019 100 BS Inventory-Diesel & Petrol ( Store ) 423.65 423.65
14020 100 BS Inventory-Gas 164.99 164.99
14021 100 BS Inventory - H.K'Guest Supplies 558.10 558.10
14023 100 BS Inventory-Other Supply 433.81 433.81
14024 100 BS Inventory - Mini Bar 424.50 424.50
14125 100 BS Operating-Food 3,329.48 3,329.48
14126 100 BS Operating - Beverage ( Bar ) 1,540.27 1,540.27
15012 100 BS Prepaid (678.58) (678.58)
15115 100 BS Deposit Account (22,875.50) (22,875.50)
16014 100 BS Staff Advance 7089 793.00 7,882.00
16014 100 BS Staff Advance - -
16103 100 BS Supsend (14,053.07) (52,850.76) (66,903.83)
16303 100 BS Current A/C Cash Remittance - -
16303 100 BS Current A/C - Inlay - -
16303 100 BS Current A/C Cash Remittance (29,221.72) 29,221.72 -
17101 100 BS F Asset ( Brick Fance ) 7,401.00 7,401.00
17104 100 BS Fix Asset - Furniture & Fitting 75.00 75.00
18011 200 BS Accrued Payable Hotel (Trade ) (25,521.66) (25,521.66)
18011 200 BS Account Payable -Services Money (4,476.02) (4,476.02)
18011 200 BS Account Payable -Commerical Tax (3,757.43) (3,757.43)
18011 200 BS Account Payable - Lease Rental (800.00) (800.00)
18011 200 BS Account Payable - Columbus (15,000.00) 51,948.00 36,948.00
19014 200 BS Accrued Electricity (2,208.10) (2,208.10)
29999 200 BS Retain Earning (5,578.25) 4,654.56 (923.69)
30101 1000 PL Room Revenue (27,082.95) (27,082.95)
50101 1000 PL Salary & Wages -FO 1,499.10 1,499.10
60102 1000 PL Cleaning Supplies ( HK ) 148.93 148.93
60103 1000 PL Guest Supplies 689.90 689.90
60107 1000 PL Printing & Stationery 8.00 8.00
60107 1000 PL Printing Supplies 87.15 87.15
60201 1000 PL Printing & Stationery 11.00 11.00
60202 1000 PL Laundry 179.77 179.77
60203 1000 PL Linen 24.00 24.00
60250 1000 PL Flowers & Decoration 13.44 13.44
60301 1000 PL Postage,Telephone, e-mail 57.13 57.13
60303 1000 PL Transportation & Labour ( HK ) 234.50 234.50
60415 1000 PL Pest Control 1.05 1.05
60419 1000 PL Complimentory Food & Beverage 685.62 685.62
61021 1000 PL Landscaping 294.30 294.30
62011 1000 PL Room Commission Fee 272.00 272.00
69999 1000 PL Miscelleneous 65.30 65.30
31011 2000 PL Food Revenue (10,150.09) (10,150.09)
32011 2000 PL Beverage Revenue (2,945.04) (2,945.04)
41011 2000 PL Beverage Cost 747.17 747.17
41011 2000 PL Food Cost 3,978.84 3,978.84
50101 2000 PL Salary & Wages - Kitchen 1,683.87 1,683.87
60102 2000 PL Cleaning Supply 31.40 31.40
60103 2000 PL Cost of Call 23.47 23.47
60103 2000 PL Guest Supply 38.81 38.81
60107 2000 PL Printing Supplies 22.40 22.40
60202 2000 PL Laundry 18.78 18.78
60203 2000 PL Linen 22.08 22.08
60204 2000 PL Uniform 31.20 31.20
60301 2000 PL Postage,Telephone, e-mail 57.13 57.13
60303 2000 PL Transportation & Labour ( F&B ) 174.30 174.30
62013 2000 PL Operation Utensils 56.00 56.00
69999 2000 PL Miscelleneous 132.65 132.65
30101 3100 PL Revenue Phone Call (88.70) (88.70)
40101 3100 PL Cost of Call 23.47 23.47
30101 3200 PL Revenue - SPA (2,678.26) (2,678.26)
50101 3200 PL Salary & Wages - Spa 428.55 428.55
60103 3200 PL Miscellaneous 4.54 4.54
60107 3200 PL Miscellaneous 0.60 0.60
69999 3200 PL Miscellaneous ( Spa ) 43.04 43.04
30102 3300 PL Revenue - Others (7,463.15) (7,463.15)
30102 3300 PL Cost of Other Revenue 340.32 340.32
30104 3300 PL Revenue - Boat (600.00) (600.00)
30106 3300 PL Revenue - Mini Bar (193.04) (193.04)
40101 3300 PL Cost Of Minibar 60.03 60.03
64012 3300 PL Transport Expenses 108.30 108.30
64014 3300 PL Transport Expenses ( MOD ) 35.00 35.00
30101 3400 PL Revenue - Laundry (273.48) (273.48)
40101 3400 PL Cost of Laundry 1.76 1.76
50101 3400 PL Salary & Wages - Laundry 49.68 49.68
50101 4000 PL Salary & Wages - Admin 1,315.26 2,865.00 4,180.26
50102 4000 PL Staff Related Exp - Admin 223.62 29.20 252.82
60103 4000 PL Cost of Call 23.47 23.47
60106 4000 PL Data Processing Expenses ( Admin ) 172.48 172.48
60107 4000 PL Printing & Stationery ( Admin ) 4.00 16.45 20.45
60107 4000 PL Printing Supplies 61.77 61.77
60202 4000 PL Laundry 6.00 6.00
60301 4000 PL Postage,Telephone, e-mail 28.57 25.00 53.57
60303 4000 PL Transportation & Labour 9.45 9.45
60303 4000 PL Transportation & Labour ( Admin ) 155.87 130.20 286.07
60305 4000 PL Drinking Water 42.50 42.50
60403 4000 PL Audit Fees & Expenses 554.00 554.00
60408 4000 PL Bank Charges ( Admin ) 188.53 11.87 200.40
60413 4000 PL Exchange A/C 278.10 620 898.10
60418 4000 PL Staff Activity ( Admin ) 75.00 75.00
63013 4000 PL Medical Expenses ( Admin ) 13.70 13.70
63015 4000 PL Staff Canteen Expenses 1,670.94 1,670.94
69999 4000 PL Miscellaneous 5.36 5.36
40101 5000 PL Phone & Fax - S&M 15.00 15.00
50101 5000 PL Salary & Wages - S & M 260.00 260.00
60107 5000 PL Printing & Stationery - S&M 16.45 16.45
60303 5000 PL Transportation - S&M 106.00 106.00
60407 5000 PL Advertising 53.50 53.50
60412 5000 PL Entertainment ( S&M ) 140.00 140.00
60414 5000 PL Travelling ( S&M ) 1,188.76 1,188.76
50101 6000 PL Salary & Wages - M&E 830.00 830.00
60103 6000 PL Cost of Call 23.47 23.47
60107 6000 PL Printing Supplies 8.60 8.60
60108 6000 PL Engineering Supplies 101.40 101.40
60108 6000 PL Engineering Supplies 119.00 119.00
60204 6000 PL Uniform 49.30 49.30
60301 6000 PL Postage,Telephone, e-mail 41.57 41.57
60306 6000 PL Motor Vehicle Expenses 212.10 212.10
61011 6000 PL Maintenance - Building 1,058.47 1,058.47
61017 6000 PL Maintenance Equipment 200.00 200.00
61018 6000 PL Maintenance WaterSupply 2,187.90 2,187.90
61021 6000 PL Landscaping ( Eng ) 400.00 400.00
61023 6000 PL Light Bulb 16.00 16.00
69999 6000 PL Miscellaneous 0.34 0.34
65012 7000 PL Utential Diesel Cost 289.80 289.80
65013 7000 PL Utilities ( Electrical ) 2,208.10 2,208.10
70102 8000 PL Lease Rental 400.00 400.00
80105 9000 PL Cost Of Spa 69.57 69.57
80106 9000 PL Utential GAS Cost 356.42 356.42
80107 9000 PL Commerical Tax 2238.03 2,238.03
80108 9000 PL Services Money 4,476.06 4,476.06
(0.00) 0.00 (0.00)
4,271.19

7,018.11

23.47

476.73

60.03

143.30

51.44
8,526.34

1,779.71

5,248.15

3,323.89

(13,497.94)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 August 2014
Amount (USD)
Revenue 51,475
Room Revenue 27,082.95
Mini Bar Revenue 193.04
Food & Beverage 13,095.13
Other Operation Department
Phone 88.70
SPA 2,678.26
Other 7,463.15
Boat 600.00
Laundry 273.48

Total Revenue 51,475

Cost of Sale
Room Expenses 4,271
Salary & Wages -FO 1,499.10
Cleaning Supplies ( HK ) 148.93
Guest Supplies 689.90
Printing & Stationery 8.00
Printing Supplies 87.15
Printing & Stationery 11.00
Laundry 179.77
Linen 24.00
Flowers & Decoration 13.44
Postage,Telephone, e-mail 57.13
Transportation & Labour ( HK ) 234.50
Pest Control 1.05
Complimentory Food & Beverage 685.62
Landscaping 294.30
Room Commission Fee 272.00
Miscelleneous 65.30

Mini Bar Expenses 60

Mini Bar Cost 60.03

Food & Beverage Expenses 7,018

Beverage Cost 747.17
Food Cost 3,978.84
Salary & Wages - Kitchen 1,683.87
Cleaning Supply 31.40
Cost of Call 23.47
Guest Supply 38.81
Printing Supplies 22.40
Laundry 18.78
Linen 22.08
Uniform 31.20
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 August 2014
Amount (USD)
Postage,Telephone, e-mail 57.13
Transportation & Labour ( F&B ) 174.30
Operation Utensils 56.00
Miscelleneous 132.65

Other Operation Department 1,105

Phone 23.47
Salary & Wages - Spa 428.55
Miscellaneous 5.14
Miscellaneous ( Spa ) 112.61
Transport Expenses 108.30
Transport Expenses ( MOD ) 35.00
Cost of Other 340.32
Cost of Laundry 1.76
Salary & Wages - Laundry 49.68

Tax & Services Money 6,714

Commerical Tax 2,238.03
Services Money 4,476.06

Total Cost of Sale 19,168

Gross Operating Profit 32,306

Sale & Marketing , M&E and Admin & General Expenses

Sell & Marketing 1,780
Phone & Fax - S&M 15.00
Salary & Wages - S & M 260.00
Printing & Stationery - S&M 16.45
Transportation - S&M 106.00
Advertising 53.50
Entertainment ( S&M ) 140.00
Travelling ( S&M ) 1,188.76

Maintance Expenses 5,248

Salary & Wages - M&E 830.00
Cost of Call 23.47
Printing Supplies 8.60
Engineering Supplies 101.40
Engineering Supplies 119.00
Uniform 49.30
Postage,Telephone, e-mail 41.57
Motor Vehicle Expenses 212.10
Maintenance - Building 1,058.47
Maintenance Equipment 200.00
Maintenance WaterSupply 2,187.90
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 August 2014
Amount (USD)
Landscaping ( Eng ) 400.00
Light Bulb 16.00
Miscellaneous 0.34

Admin & General Expenses 11,781

Salary & Wages - Admin 4,180.26
Staff Related Exp - Admin 252.82
Staff Related Expense 23.47
Cost of Call 172.48
Data Processing Expenses ( Admin ) 20.45
Printing & Stationery ( Admin ) 61.77
Printing & Stationery ( Admin ) 6.00
Printing Supplies 53.57
Laundry 9.45
Postage,Telephone, e-mail 286.07
Transportation & Labour 42.50
Transportation & Labour ( Admin ) 554.00
Drinking Water 200.40
Audit Fees & Expenses 898.10
Bank Charges ( Admin ) 75.00
Exchange A/C 13.70
Staff Activity ( Admin ) 1,670.94
Medical Expenses ( Admin ) 5.36
Utential Diesel Cost 289.80
Utilities ( Electrical ) 2,208.10
Lease Rental 400.00
Utential GAS Cost 356.42

Total -Sale & Marketing , M&E and Admin & General Expenses 18,809

Net Operating Profit 13,498

 Villa Inle Resort & Spa
Balance Sheet as at August 31, 2014

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 75
F Asset ( Brick Fance )

Construction in Progress 6,475

FIXED ASSETS AND INTANGIBLES 13,951

2.0 CURRENT ASSETS

2.1 Accounts Receivable 24,483
2.2 Prepayments -
2.3 Advances (Staff) 7,882
2.4 Current Account ( HO ) -
2.5 Deposits -
2.6 Inventories at Cost 17,394
2.7 Cash in Hand 48,108
2.80 Cash at Bank -

TOTAL CURRENT ASSETS 97,868

TOTAL ASSETS 111,819
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (66,904)
4.2 Accounts Payable - Trade (25,522)
Accounts Payable - Trade columbus 36,948
Accounts Payable - Current Ho (7,124)
Accounts Payable - Services Money (4,476)
Accounts Payable - Commerical Tax (3,757)
Accounts Payable - Land Lease (800)
4.3 Accrued Expenses (2,208)
4.4 Provisions -
4.5 Deposit Received (22,876)
4.6 Other Payable (679)

TOTAL CURRENT LIABILITIES (97,397)

NET ASSETS 14,422
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves -
General Reserves -
Opening Retaining Earning 924
Retained Earnings /(Loss) 13,498

SHAREHOLDERS' INTEREST 14,422

(0)
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 September 2014
Opening YGN
Account code Department Particular Debit Credit
50102 4000 PL Staff Related Expense
63015 4000 PL Staff Canteen Expenses
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
Debit Credit Debit Credit Debit Credit Debit
53,000.00 - 53.00 - - - -
- - - - - - -
JV -Current (USD) Coso Trail
Credit Debit Credit Check
- 53.00 - 53.00
- - - -
 Opening Balance
Account code Department BS / PL Particular Debit Credit
50101 2000 PL Salary & Wages - F&B Service
50101 4000 PL Salary & Wages - Finance
50101 3400 PL Salary & Wages - Laundry
50101 6000 PL Salary & Wages - M&E
50101 3200 PL Salary & Wages - Spa
50101 1000 PL Salary & Wages -FO
50102 4000 PL Staff Related Expense
50102 2000 PL Staff Related Expense
63015 4000 PL Staff Canteen Expenses

130,721.31 130,721.31
-
 Cash Basic JV
Debit Credit Debit Credit Debit Credit Check
2,241.94 - 2,241.94 - 2,241.94
1,317.84 - 1,317.84 - 1,317.84
100.00 - 100.00 - 100.00
780.00 - 780.00 - 780.00
430.00 - 430.00 - 430.00
1,525.88 - 1,525.88 - 1,525.88
247.90 - 247.90 - 247.90
19.24 - 19.24 - 19.24
1,493.65 - 280.30 1,773.95 - 1,773.95

77,802.58 77,802.58 75,372.31 75,372.31 283,896.20 283,896.19 0.00

0.00 0.00 0.00
Account code Department BS / PL Particular Inle YGN Total
11012 100 BS Cash in Hand 13,653.31 40,443.53 54,096.84 54,096.84
13023 100 BS A/R Guest Ledger -Inle 2,646.78 2,646.78
13023 100 BS Account Receiable -HO 11,415.66 11,415.66
13023 100 BS Agoda 13,166.65 13,166.65 27,229.09
13024 100 BS City Ledger 54,266.09 (54,266.09) -
13027 100 BS Papin School Fance 500.00 500.00 500.00
13027 100 BS Construction- pool 36,705.68 36,705.68 36,705.68
13032 100 BS Current HO Payable (5,556.13) (5,556.13)
13032 100 BS Current HO Purchasing (21,286.32) 21278.96 (7.36)
13032 100 BS Current HO Purchasing -Advance 1,635.00 1,635.00 (3,928.49)
14011 100 BS Inventory-Food(Store) 2,001.34 2,001.34
14012 100 BS Inventory-Beverage(Store) 3,400.43 3,400.43
14013 100 BS Inventory - Cleaning Supplies 219.65 219.65
14013 100 BS Inventory-Cleaning Supplies( Store ) 1,092.61 1,092.61
14014 100 BS Inventory-Guest Supplies ( Store ) 1,724.47 1,724.47
14015 100 BS Inventory - Massage Oil 220.51 220.51
14017 100 BS Inventory-Printing Supplies ( Store 2,220.87 2,220.87
14019 100 BS Inventory-Diesel & Petrol ( Store ) 226.55 226.55
14019 100 BS Inventory - Diesel for Generator 334.60 334.60
14020 100 BS Inventory-Gas 263.99 263.99
14021 100 BS Inventory - H.K'Guest Supplies 552.74 552.74
14023 100 BS Inventory-Other Supply ( Store ) (153.55) (153.55)
14023 100 BS Inventory-Other Supply 534.31 534.31
14024 100 BS Inventory - Mini Bar 420.63 420.63
14125 100 BS Operating-Food 3,240.24 3,240.24
14126 100 BS Operating-Beverage 515.88 515.88
14126 100 BS Operating - Beverage ( Bar ) 973.46 973.46 17,788.73
15012 100 BS Prepaid (12.65) (12.65)
15115 100 BS Deposit Account (69,746.50) (69,746.50) (69,746.50)
16014 100 BS Staff Advance 9,649.00 2,055.70 11,704.70 11,704.70
16103 100 BS Supsend (14,053.07) (52,742.76) (66,795.83) (66,795.83)
16303 100 BS Current A/C Cash Remittance (40,229.85) 40,229.82 (0.03)
17101 100 BS F Asset ( Brick Fance ) 7,401.00 7,401.00 7,401.00
17104 100 BS Fix Asset - Furniture & Fitting 75.00 75.00 75.00
18011 200 BS Accrued Payable Hotel (Trade ) (31,743.34) (31,743.34) (31,743.34)
18011 200 BS Accrued Payable Hotel (Trade ) - -
18011 200 BS Account Payable -Commerical Tax (4,846.95) (4,846.95) (4,846.95)
18011 200 BS Account Payable -Services Money (2,254.05) (2,254.05) (2,254.05)
18011 200 BS Account Payable - Lease Rental (1,200.00) (1,200.00) (1,200.00)
18011 200 BS Accrued Payable Hotel (Trade ) - -
18011 200 BS Account Payable - Columbus (15,000.00) 51,948.00 36,948.00 36,948.00
19014 200 BS Accrued Electricity (1,911.10) (1,911.10)
19015 200 BS Refund (221.00) (221.00)
21102 200 BS Tip for Staff (2.25) (2.25) (2,134.35)
29999 200 BS Retain Earning (23,725.36) 9,303.73 (14,421.63)

30101 1000 PL Room Revenue (12,686.02) (12,686.02)

36020 1000 PL Printing 11.00 11.00
40101 1000 PL Cost of Call ( Phone ) -
50101 1000 PL Salary & Wages -FO 1,525.88 1,525.88
60102 1000 PL Cleaning Supplies ( HK ) 130.23 130.23
60103 1000 PL Guest Supplies ( HK ) 424.62 424.62
60107 1000 PL Printing & Stationery ( FO ) 56.38 56.38
60202 1000 PL Laundry 185.80 185.80
60204 1000 PL Uniform 4.25 4.25
60301 1000 PL Postage,Telephone, e-mail 57.13 57.13
60303 1000 PL Transportation & Labour ( HK ) 211.50 211.50
60415 1000 PL Pest Control 5.25 5.25
60419 1000 PL Fruit Tray ( HK ) 606.49 606.49
61021 1000 PL Landscaping ( HK ) 87.00 87.00
69999 1000 PL Miscellaneous ( HK ) 19.60 19.60
70119 1000 PL Papin School 534.40 534.40
31011 2000 PL Food Revenue (4,795.30) (4,795.30)
32011 2000 PL Beverage Revenue (1,668.14) (1,668.14)
41011 2000 PL Food Cost 2,097.04 2,097.04
42011 2000 PL Beverage Cost 566.81 566.81
50101 2000 PL Salary & Wages - F&B Service 2,241.94 2,241.94
50102 2000 PL Staff Related Expense 19.24 19.24
60102 2000 PL Cleaning Supply 23.70 23.70
60103 2000 PL Guest Supplies 78.71 78.71
60107 2000 PL Printing Supplies 20.32 20.32
60202 2000 PL Laundry 16.40 16.40
60204 2000 PL Uniform 21.88 21.88
60301 2000 PL Postage,Telephone, e-mail 57.13 57.13
60303 2000 PL Transportation & Labour ( F&B ) 12.00 12.00
62013 2000 PL Operation Utensils 56.00 56.00
62014 2000 PL Utensal 38.20 38.20
62015 2000 PL Spoilage & Loss 171.40 171.40
69999 2000 PL Miscellaneous 90.68 90.68
30101 3100 PL Revenue Phone Call (200.87) (200.87)
30101 3100 PL Cost of Call -
40101 3100 PL Cost of Call 28.76 28.76
30101 3200 PL Revenue - SPA (1,163.48) (1,163.48)
50101 3200 PL Salary & Wages - Spa 430.00 430.00
60103 3200 PL Guest Supplies 2.78 2.78
60107 3200 PL Printing Supplies 1.19 1.19
69000 3200 PL Miscelleneous 2.00 2.00
69999 3200 PL Miscellaneous ( Spa ) 17.30 17.30
30102 3300 PL Revenue - Others (3,806.75) (3,806.75)
30102 3300 PL Cost of Other Revenue 143.93 143.93
30104 3300 PL Revenue - Boat (308.70) (308.70)
30106 3300 PL Revenue - Mini Bar (127.83) (127.83)
40101 3300 PL Cost Of Minibar 39.82 39.82
64012 3300 PL Transport Expenses 37.80 37.80
64014 3300 PL Transport Expenses ( MOD ) 147.90 147.90
30101 3400 PL Revenue - Laundry (301.74) (301.74)
40101 3400 PL Cost of Laundry 2.00 2.00
50101 3400 PL Salary & Wages - Laundry 100.00 100.00
40101 3600 PL Cost of Sale - Souvenir 74.00 74.00
30102 3900 BS Room Commission 75.00 75.00
50101 4000 PL Salary & Wages - Finance 1,317.84 2,956.90 4,274.74
50102 4000 PL Staff Related Expense 247.90 53.00 300.90
60103 4000 PL Guest Supplies 28.76 28.76
60106 4000 PL Data Processing Expenses ( Admin ) 20.00 20.00
60107 4000 PL Printing & Stationery ( Admin ) 45.65 19.33 64.97
60202 4000 PL Laundry 6.28 6.28
60204 4000 PL Uniform 6.38 6.38
60301 4000 PL Postage,Telephone, e-mail 28.57 20.00 48.57
60303 4000 PL Transportation & Labour ( Admin ) 157.34 229.30 386.64
60305 4000 PL Drinking Water 47.00 47.00
60408 4000 PL Bank Charges ( Admin ) 212.65 13.58 226.23
60413 4000 PL Exchange A/C 270.59 228.00 498.59
60414 4000 PL Travelling ( Admin ) 245.65 58.50 304.15
63013 4000 PL Medical Expenses ( Admin ) 10.00 10.00
63015 4000 PL Staff Canteen Expenses 1,773.95 1,773.95
69999 4000 PL Miscellaneous 16.58 6.38 22.96
40101 5000 PL Phone & Fax - S&M 30.00 30.00
50101 5000 PL Salary & Wages - S & M 273.30 273.30
60106 5000 PL Data Processing Expenses - S & M 20.00 20.00
60107 5000 PL Printing & Stationery - S&M 19.33 19.33
60303 5000 PL Transportation - S&M 18.00 18.00
60407 5000 PL Advertising ( S&M ) 213.50 213.50
60412 5000 PL Entertainment ( S&M ) 15.30 15.30
60414 5000 PL Travelling ( S&M ) 319.60 159.80 479.40
69999 5000 PL Miscellaneous 6.38 6.38
50101 6000 PL Salary & Wages - M&E 780.00 780.00
60103 6000 PL Guest Supplies 28.76 28.76
60107 6000 PL Printing Supplies 6.13 6.13
60108 6000 PL Engineering Supplies 172.70 172.70
60204 6000 PL Uniform 9.30 9.30
60301 6000 PL Postage,Telephone, e-mail 48.37 48.37
60306 6000 PL Motor Vehicle Expenses 103.50 103.50
61011 6000 PL Maintenance Building 2,222.96 2,222.96
61017 6000 PL Maintenance Equipment (7.00) (7.00)
61018 6000 PL Maintenance Water Supply 341.00 341.00
61023 6000 PL Light bulb 210.00 210.00
65012 7000 PL Utential Diesel 285.60 285.60
65013 7000 PL Utilities ( Electrical ) 1,911.10 1,911.10
70102 8000 PL Lease Rental 400.00 400.00
80105 9000 PL Reallocation - SPA 20.48 20.48
80106 9000 PL Utential GAS Cost 323.40 323.40
80107 9000 PL Commerical Tax 1,089.52 1,089.52
80108 9000 PL Services Money 2,179.03 2,179.03 4,634.79

0.00 0.00 0.00

 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 September 2014
Amount (USD)
Revenue 25,059
Room Revenue 12,686.02
Mini Bar Revenue 127.83
Food & Beverage 6,463.44
Other Operation Department
Phone 200.87
SPA 1,163.48
Other 3,806.75
Boat 308.70
Laundry 301.74

Total Revenue 25,059

Cost of Sale
Room Expenses 3,860
Printing 11.00
Cost of Call ( Phone ) -
Salary & Wages -FO 1,525.88
Cleaning Supplies ( HK ) 130.23
Guest Supplies ( HK ) 424.62
Printing & Stationery ( FO ) 56.38
Laundry 185.80
Uniform 4.25
Postage,Telephone, e-mail 57.13
Transportation & Labour ( HK ) 211.50
Pest Control 5.25
Fruit Tray ( HK ) 606.49
Landscaping ( HK ) 87.00
Miscellaneous ( HK ) 19.60
Papin School 534.40

Mini Bar Expenses 40

Mini Bar Cost 39.82

Food & Beverage Expenses 5,511

Food Cost 2,097.04
Beverage Cost 566.81
Salary & Wages - F&B Service 2,241.94
Staff Related Expense 19.24
Cleaning Supply 23.70
Guest Supplies 78.71
Printing Supplies 20.32
Laundry 16.40
Uniform 21.88
Postage,Telephone, e-mail 57.13
Transportation & Labour ( F&B ) 12.00
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 September 2014
Amount (USD)
Operation Utensils 56.00
Utensal 38.20
Spoilage & Loss 171.40
Miscellaneous 90.68

Other Operation Department 1,063

Cost of Call 28.76
Salary & Wages - Spa 430.00
Guest Supplies 2.78
Printing Supplies 1.19
Miscelleneous 2.00
Miscellaneous ( Spa ) 17.30
Cost of Other Revenue 143.93
Transport Expenses 37.80
Transport Expenses ( MOD ) 147.90
Cost of Laundry 2.00
Salary & Wages - Laundry 100.00
Cost of Sale - Souvenir 74.00
Room Commission 75.00

Tax & Services Money 3,269

Commerical Tax 1,089.52
Services Money 2,179.03

Total Cost of Sale 13,742

Gross Operating Profit 11,317

Sale & Marketing , M&E and Admin & General Expenses

Sell & Marketing 1,075
Phone & Fax - S&M 30.00
Salary & Wages - S & M 273.30
Data Processing Expenses - S & M 20.00
Printing & Stationery - S&M 19.33
Transportation - S&M 18.00
Advertising ( S&M ) 213.50
Entertainment ( S&M ) 15.30
Travelling ( S&M ) 479.40
Miscellaneous 6.38

Maintance Expenses 3,916

Salary & Wages - M&E 780.00
Guest Supplies 28.76
Printing Supplies 6.13
Engineering Supplies 172.70
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 September 2014
Amount (USD)
Uniform 9.30
Postage,Telephone, e-mail 48.37
Motor Vehicle Expenses 103.50
Maintenance Building 2,222.96
Maintenance Equipment (7.00)
Maintenance Water Supply 341.00
Light bulb 210.00

Admin & General Expenses 10,961

Salary & Wages - Finance 4,274.74
Staff Related Expense 300.90
Guest Supplies 28.76
Data Processing Expenses ( Admin ) 20.00
Printing & Stationery ( Admin ) 64.97
Laundry 6.28
Uniform 6.38
Postage,Telephone, e-mail 48.57
Transportation & Labour ( Admin ) 386.64
Drinking Water 47.00
Bank Charges ( Admin ) 226.23
Exchange A/C 498.59
Travelling ( Admin ) 304.15
Medical Expenses ( Admin ) 10.00
Staff Canteen Expenses 1,773.95
Miscellaneous 22.96
Utential Diesel 285.60
Utilities ( Electrical ) 1,911.10
Lease Rental 400.00
Reallocation - SPA 20.48
Utential GAS Cost 323.40

Total -Sale & Marketing , M&E and Admin & General Expenses 15,952

Net Operating Profit (4,635)

 Villa Inle Resort & Spa
Balance Sheet as at September 30, 2014

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 75
F Asset ( Brick Fance )

Construction in Progress 36,706

FIXED ASSETS AND INTANGIBLES 44,182

2.0 CURRENT ASSETS

2.1 Accounts Receivable 27,229
2.2 Prepayments 487
2.3 Advances (Staff) 11,705
2.4 Current Account ( HO ) -
2.5 Other Receivable 36,948
2.6 Inventories at Cost 17,789
2.7 Cash in Hand 54,097
2.80 Cash at Bank -

TOTAL CURRENT ASSETS 148,255

TOTAL ASSETS 192,436
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (66,796)
4.2 Accounts Payable - Trade (31,743)
Accounts Payable - Trade columbus -
Accounts Payable - Current Ho (3,928)
Accounts Payable - Services Money (2,254)
Accounts Payable - Commerical Tax (4,847)
Accounts Payable - Land Lease (1,200)
4.3 Accrued Expenses -
4.4 Provisions -
4.5 Deposit Received (69,747)
4.6 Other Payable (2,134)

TOTAL CURRENT LIABILITIES (182,650)

NET ASSETS 9,787
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves -
General Reserves -
Opening Retaining Earning 14,422
Retained Earnings /(Loss) (4,635)

SHAREHOLDERS' INTEREST 9,787

0
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 September 2014
Opening YGN
Account code Department Particular Debit Credit
63015 4000 PL Staff Canteen Expenses
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
Debit Credit Debit Credit Debit Credit Debit
- - - - - - -
JV -Current (USD) Coso Trail
Credit Debit Credit Check
- - - -
 Opening
Account cod Department BS / PL Particular Debit
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( SPA )
50101 3400 PL Salary & Wages ( Laundry )
50101 4000 PL Salary & Wages ( Admin )
63015 4000 PL Staff Canteen Expenses
50101 6000 PL Salary & Wages ( Eng )
311,861.57
Opening USD JV Coso
Credit Debit Credit Debit Credit Debit Credit
1,494.50 - 1,494.50 - 1,494.50
2,611.67 - 2,611.67 - 2,611.67
411.67 - 411.67 - 411.67
112.00 - 112.00 - 112.00
1,213.00 - 1,213.00 - 1,213.00
1,410.08 370.60 - 1,780.68 - 1,780.68
811.00 - 811.00 - 811.00
311,861.57
Account cod DepartmBS / PLParticular Inle YGN Total
11012 100 BS Cash in Hand 24,975.98 46,028.09 71,004.07
11012 100 BS Cash in Hand - - -
13023 100 BS Agoda 14,028.63 14,028.63
13023 100 BS A/R Guest Ledger -Inle 6,003.08 6,003.08
13023 100 BS Revenue Other - -
13023 100 BS Account Receiable -HO 30,974.70 30,974.70 51,006.41
13024 100 BS City Ledger 129,242.13 (129,242.13) -
13024 100 BS City Ledger -
13027 100 BS Construction- pool 59,929.38 59,929.38
13027 100 BS Construction - Lotus Pond 6,835.72 6,835.72
13027 100 BS Construction ( Laundry ) 1,321.90 1,321.90
13027 100 BS Construction- New Bar 2,786.00 2,786.00 70,873.00
13032 100 BS Current HO Purchasing (50,918.73) 50,911.37 (7.36)
13032 100 BS Current HO Payable (6,511.39) (6,511.39) (6,518.75)
14011 100 BS Inventory-Food(Store) 1,697.82 1,697.82 1697.82
14012 100 BS Inventory-Beverage(Store) 2,540.48 2,540.48
14013 100 BS Inventory - Cleaning Supplies 159.46 159.46
14013 100 BS Inventory-Cleaning Supplies( Store ) 881.49 881.49
14013 100 BS Inventory - Cleaning Supplies - 159.46
14014 100 BS Inventory-Guest Supplies ( Store ) 1,384.50 1,384.50
14015 100 BS Inventory - Massage Oil 146.31 146.31
14017 100 BS Inventory-Printing Supplies ( Store 2,043.36 2,043.36
14017 100 BS Inventory-Printing Supplies -
14019 100 BS Inventory-Diesel & Petrol ( Store ) 133.50 133.50
14019 100 BS Inventory - Diesel for Generator 300.00 300.00
14020 100 BS Inventory-Gas 273.59 273.59
14021 100 BS Inventory - H.K'Guest Supplies 623.65 623.65
14023 100 BS Inventory-Other Supply 408.45 408.45
14023 100 BS Inventory-Other Supply ( Store ) -
14024 100 BS Inventory - Mini Bar 558.01 558.01
14125 100 BS Operating-Food 4,904.82 4,904.82 4904.82
14126 100 BS Operating-Beverage -
14126 100 BS Operating - Beverage ( Bar ) 2,212.56 2,212.56 18,268.00
15012 100 BS Prepaid 1,740.65 1,740.65
15115 100 BS Deposit Account (122,844.50) (122,844.50)
16014 100 BS Staff Advance 10,699.00 1,755.70 12,454.70
16103 100 BS Supsend (14,059.95) (52,751.76) (66,811.71)
16303 100 BS Current A/C Cash Remittance (70,294.45) 70,294.42 (0.03)
17098 100 BS F Asset F&B 1,880.00 1,880.00
17101 100 BS F Asset ( Brick Fance ) 7,401.00 7,401.00
17104 100 BS Fix Asset ( HK ) 10,021.00 10,021.00
17104 100 BS Fix Asset - Furniture & Fitting 75.00 75.00
18011 200 BS Accrued Payable Hotel (Trade ) (29,384.19) (29,384.19)
18011 200 BS Account Payable - Lease Rental (1,600.00) (1,600.00)
18011 200 BS Account Payable -Services Money (10,911.53) (10,911.53)
18011 200 BS Account Payable -Commerical Tax (10,238.19) (10,238.19)
18011 200 BS Account Payable - Columbus -15000 91,948.00 76,948.00
19014 200 BS Accrued Electricity (2,703.10) (2,703.10)
20103 100 BS Prepaid (1,002.27) (1,002.27)
21101 200 BS Room Commission 75.00 75.00
21102 200 BS Tip for Staff (137.58) (137.58)
29999 200 BS Retain Earning (23,237.65) 13,450.81 (9,786.84)
16015 100 BS Refund 619.00 619.00
13023 100 BS Revenue Other 950.00 950.00
30101 1000 PL Room Revenue (73,774.77) (73,774.77)
40101 1000 PL Cost of Call -
50101 1000 PL Salary & Wages ( HK ) 1,494.50 1,494.50
60102 1000 PL Cleaning Supplies 420.00 420.00
60103 1000 PL Guest Supply 837.69 837.69
60107 1000 PL Printing Supplies 99.96 99.96
60202 1000 PL Laundry 281.23 281.23
60204 1000 PL Uniform 6.65 6.65
60301 1000 PL Postage,Telephone, e-mail 181.65 181.65
60303 1000 PL Transportation & Labour ( HK ) 615.00 615.00
60415 1000 PL Pest Control 133.35 133.35
60419 1000 PL Complimentory Food & Beverage 302.93 302.93
61021 1000 PL Landscaping 57.50 57.50
69999 1000 PL Miscelleneous 14.50 14.50
31011 2000 PL Food Revenue (16,556.85) (16,556.85)
32011 2000 PL Beverage Revenue (7,183.30) (7,183.30)
41011 2000 PL Food Cost 4,615.33 4,615.33
50101 2000 PL Salary & Wages ( F&B ) 2,611.67 2,611.67
60102 2000 PL Cleaning Supply 53.10 53.10
60103 2000 PL Guest Supply 65.65 65.65
60107 2000 PL Printing Supplies 41.12 41.12
60202 2000 PL Laundry 52.06 52.06
60204 2000 PL Uniform 15.88 15.88
60301 2000 PL Postage,Telephone, e-mail 79.93 79.93
60303 2000 PL Transportation & Labour 223.00 223.00
62013 2000 PL Kitchen Utensil 99.00 99.00
69999 2000 PL Miscelleneous 228.09 228.09
40101 3300 PL Cost Of Minibar 137.96 137.96
30101 3100 PL Revenue Phone Call (29.57) (29.57)
40101 3100 PL Cost of Call 21.63 21.63
30106 3300 PL Revenue - Mini Bar (506.09) (506.09)
30101 3200 PL Revenue - SPA (4,243.91) (4,243.91)
30102 3300 PL Revenue - Others (19,911.37) (19,911.37)
30104 3300 PL Revenue - Boat (1,173.91) (1,173.91)
50101 3200 PL Salary & Wages ( SPA ) 411.67 411.67
69999 3200 PL Miscelleneous 5.47 5.47
42011 3300 PL Beverage Cost 1,660.23 1,660.23
64012 3300 PL Transport Expenses 155.00 155.00
64014 3300 PL Transport Expenses ( MOD ) 210.00 210.00
30101 3400 PL Revenue - Laundry (618.70) (618.70)
40101 3400 PL Cost of Laundry 4.06 4.06
50101 3400 PL Salary & Wages ( Laundry ) 112.00 112.00
69999 3400 PL Miscellaneous ( LDY ) 33.50 33.50
40101 3600 PL Cost of Sale - Souvenir 30.00 30.00
50101 4000 PL Salary & Wages ( Admin ) 1,213.00 2,835.00 4,048.00
50102 4000 PL Staff Related Expense 214.12 35.5 249.62
60106 4000 PL Data Processing Expenses ( Admin ) 10.00 10.00
60107 4000 PL Printing Supplies 58.38 4.35 62.73
60202 4000 PL Laundry 6.86 6.86
60204 4000 PL Uniform 6.38 115.00 121.38
60301 4000 PL Postage,Telephone, e-mail 50.78 19.60 70.38
60303 4000 PL Transportation & Labour 188.28 366.90 555.18
60305 4000 PL Drinking Water 56.50 56.50
60403 4000 PL Audit Fees & Expenses 250.00 250.00
60408 4000 PL Bank Charges ( Admin ) 13.79 13.79
60410 4000 PL Manpower Development 139.80 139.80
60413 4000 PL Exchange A/C 156.22 305.50 461.72
63015 4000 PL Staff Canteen Expenses 1,780.68 1,780.68
69999 4000 PL Miscelleneous 56.45 56.45
70119 4000 PL Papin School 3,464.00 3,464.00
50101 5000 PL Salary & Wages - S & M 390.00 390.00
50102 5000 PL Staff Related Expense 35.50 35.50
60106 5000 PL Data Processing Expenses - S & M 10.00 10.00
60107 5000 PL Printing & Stationery - S&M 4.35 4.35
60303 5000 PL Transportation - S&M 43.00 43.00
60407 5000 PL Advertising 1,688.50 575.00 2,263.50
60407 5000 PL Advertising - -
60412 5000 PL Entertainment ( S&M ) 47.20 47.20
60414 5000 PL Travelling ( S&M ) 174.00 174.00
69999 5000 PL Miscellaneous ( S&M ) 1.75 1.75
50101 6000 PL Salary & Wages ( Eng ) 811.00 811.00
60107 6000 PL Printing Supplies 1.55 1.55
60108 6000 PL Engineering Supplies 1,038.05 1,038.05
60204 6000 PL Uniform 9.30 9.30
60301 6000 PL Postage,Telephone, e-mail 220.78 220.78
60306 6000 PL Maintenance of Motor Vehical 323.00 323.00
61011 6000 PL Maintenance Building 3,313.57 3,313.57
61017 6000 PL Maintenance Equipment 58.00 58.00
61021 6000 PL Landscaping ( ENG ) 244.00 244.00
69999 6000 PL Miscellaneous 0.34 0.34
65012 7000 PL Utential Diesel 306.60 306.60
65013 7000 PL Electricity Chgs 2,703.10 2,703.10
65014 7000 PL Utential GAS Cost 383.70 383.70
70102 8000 PL Lease Rental 400.00 400.00
80105 9000 PL Reallocation - SPA 171.26 171.26
80107 9000 PL Commerical Tax 5,391.24 5,391.24
80108 9000 PL Services Money 10,782.48 10,782.48 (67,262.85)
80109 9000 PL Construction - Lotus Pond 6,835.72 6,835.72 (60,427.13)

0.00 (0.00) 0.00

60,427.13
(0.00)
3,417.86

881.50
159.45 0.01

-
(72,555.54)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 October 2014
Amount (USD)
Revenue 123,998.5
Room Revenue 73,774.77
Mini Bar Revenue 506.09
Food & Beverage 23,740.15
Other Operation Department
Phone 29.57
SPA 4,243.91
Other 19,911.37
Boat 1,173.91
Laundry 618.70

Total Revenue 123,998.47

Cost of Sale
Room Expenses 4,445
Cost of Call -
Salary & Wages ( HK ) 1,494.50
Cleaning Supplies 420.00
Guest Supply 837.69
Printing Supplies 99.96
Laundry 281.23
Uniform 6.65
Postage,Telephone, e-mail 181.65
Transportation & Labour ( HK ) 615.00
Pest Control 133.35
Complimentory Food & Beverage 302.93
Landscaping 57.50
Miscelleneous 14.50

Mini Bar Expenses 138

Mini Bar Cost 137.96

Food & Beverage Expenses 9,745

Food Cost 4,615.33
Beverage Cost 1,660.23
Salary & Wages ( F&B ) 2,611.67
Cleaning Supply 53.10
Guest Supply 65.65
Printing Supplies 41.12
Laundry 52.06
Uniform 15.88
Postage,Telephone, e-mail 79.93
Transportation & Labour 223.00
Kitchen Utensil 99.00
Miscelleneous 228.09
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 October 2014
Amount (USD)

Other Operation Department 1,933

Salary & Wages ( SPA ) 411.67
Miscelleneous 5.47
Cost of Call 21.63
Transport Expenses 155.00
Transport Expenses ( MOD ) 210.00
Cost of Laundry 4.06
Salary & Wages ( Laundry ) 112.00
Miscellaneous ( LDY ) 33.50
Cost of Other 950.00
Cost of Sale - Souvenir 30.00

Tax & Services Money 16,174

Commerical Tax 5,391.24
Services Money 10,782.48

Total Cost of Sale 32,435

Gross Operating Profit 91,563

Sale & Marketing , M&E and Admin & General Expenses

Sell & Marketing 2,969
Salary & Wages - S & M 390.00
Staff Related Expense 35.50
Data Processing Expenses - S & M 10.00
Printing & Stationery - S&M 4.35
Transportation - S&M 43.00
Advertising 2,263.50
Advertising -
Entertainment ( S&M ) 47.20
Travelling ( S&M ) 174.00
Miscellaneous ( S&M ) 1.75

Maintance Expenses 6,020

Salary & Wages ( Eng ) 811.00
Printing Supplies 1.55
Engineering Supplies 1,038.05
Uniform 9.30
Postage,Telephone, e-mail 220.78
Maintenance of Motor Vehical 323.00
Maintenance Building 3,313.57
Maintenance Equipment 58.00
Landscaping ( ENG ) 244.00
Miscellaneous 0.34
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 October 2014
Amount (USD)

Admin & General Expenses 22,147

Salary & Wages ( Admin ) 4,048.00
Staff Related Expense 249.62
Data Processing Expenses ( Admin ) 10.00
Printing Supplies 62.73
Laundry 6.86
Uniform 121.38
Postage,Telephone, e-mail 70.38
Transportation & Labour 555.18
Drinking Water 56.50
Audit Fees & Expenses 250.00
Bank Charges ( Admin ) 13.79
Manpower Development 139.80
Exchange A/C 461.72
Staff Canteen Expenses 1,780.68
Miscelleneous 56.45
Papin School 3,464.00
Utential Diesel 306.60
Electricity Chgs 2,703.10
Utential GAS Cost 383.70
Lease Rental 400.00
Reallocation - SPA 171.26
Construction - Lotus Pond 6,835.72

Total -Sale & Marketing , M&E and Admin & General Expenses 31,136

Net Operating Profit 60,427.13

68.1
 Villa Inle Resort & Spa
Balance Sheet as at October 31, 2014

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 75
F Asset ( HK ) 10,021
F Asset ( F&B ) 1,880
Construction in Progress 70,873

FIXED ASSETS AND INTANGIBLES 90,250

2.0 CURRENT ASSETS

2.1 Accounts Receivable 51,006
2.2 Prepayments 738
2.3 Advances (Staff) 12,455
2.4 Current Account ( HO ) -
2.5 Other Receivable 76,948
2.6 Inventories at Cost 18,268
2.7 Cash in Hand 71,004
2.80 Cash at Bank -

TOTAL CURRENT ASSETS 230,420

TOTAL ASSETS 320,670
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (66,812)
4.2 Accounts Payable - Trade (29,384)
Accounts Payable - Trade columbus -
Accounts Payable - Current Ho (6,519)
Accounts Payable - Services Money (10,912)
Accounts Payable - Commerical Tax (10,238)
Accounts Payable - Land Lease (1,600)
4.3 Accrued Expenses (2,703)
4.4 Provisions -
4.5 Deposit Received (122,845)
4.6 Other Payable 556

TOTAL CURRENT LIABILITIES (250,456)

NET ASSETS 70,214
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves -
General Reserves -
Opening Retaining Earning 9,787
Retained Earnings /(Loss) 60,427

SHAREHOLDERS' INTEREST 70,214

(0)
 Villa Inle Resort & Spa ( YGN)

Trial Balance ( Current ) as at 31 September 2014

Opening YGN

Account code Department Particular Debit

50101 1000 PL Salary & Wages -FO

50101 2000 PL Salary & Wages - Kitchen

50101 3200 PL Salary & Wages - Spa

50101 3400 PL Salary & Wages - Laundry

50101 4000 PL Salary & Wages - Admin

50102 4000 PL Staff Related Expense

63015 4000 PL Staff Canteen Expenses

50101 5000 PL Salary & Wages - S & M

50102 5000 PL Staff Related Expense

50101 6000 PL Salary & Wages - M&E

Opening YGN YGN (Kyat) YGN EQ (USD) USD

Credit Debit Credit Debit Credit Debit Credit

- - - - - -
- - - - - -
- - - - - -
- - - - - -
2,835,000.00 - 2,577.27 - - -
38,000.00 - 34.55 - - -
- - - - - -
390,000.00 - 354.55 - - -
38,000.00 - 34.55 - - -
- - - - - -
 JV -Current (USD) Coso Trail

Debit Credit Debit Credit Check

- - - - -

- - - - -

- - - - -

- - - - -

- - 2,577.27 - 2,577.27

- - 34.55 - 34.55

- - - - -

- - 354.55 - 354.55

- - 34.55 - 34.55

- - - - -
 Opening
Account cod Department BS / PL Particular Debit Credit
11012 100 BS Cash in Hand 13,653.31
13023 100 BS Agoda 13,166.65
13023 100 BS A/R Guest Ledger -Inle 2,646.78
13023 100 BS Revenue Other
13024 100 BS City Ledger 54,266.09
13027 100 BS Construction- pool 36,705.68
13027 100 BS Construction - Lotus Pond
13027 100 BS Construction ( Laundry )
13027 100 BS Construction- New Bar
13032 100 BS Current HO Purchasing 21,286.32
14011 100 BS Inventory-Food(Store) 2,001.34
14012 100 BS Inventory-Beverage(Store) 3,400.43
14013 100 BS Inventory - Cleaning Supplies 219.65
14013 100 BS Inventory-Cleaning Supplies( Store ) 1,092.61
14013 100 BS Inventory - Cleaning Supplies
14014 100 BS Inventory-Guest Supplies ( Store ) 1,724.47
14015 100 BS Inventory - Massage Oil 220.51
14017 100 BS Inventory-Printing Supplies ( Store 2,220.87
14017 100 BS Inventory-Printing Supplies
14019 100 BS Inventory-Diesel & Petrol ( Store ) 226.55
14019 100 BS Inventory - Diesel for Generator 334.60
14020 100 BS Inventory-Gas 263.99
14021 100 BS Inventory - H.K'Guest Supplies 552.74
14023 100 BS Inventory-Other Supply
14023 100 BS Inventory-Other Supply ( Store ) 534.31 153.55
14024 100 BS Inventory - Mini Bar 420.63
14125 100 BS Operating-Food 3,240.24
14126 100 BS Operating-Beverage
14126 100 BS Operating - Beverage ( Bar ) 1,489.34
15012 100 BS Prepaid 12.65
16014 100 BS Staff Advance 9,649.00
16103 100 BS Supsend 14,053.07
16303 100 BS Current A/C Cash Remittance 40,229.85
17098 100 BS F Asset F&B
17101 100 BS F Asset ( Brick Fance ) 7,401.00
17104 100 BS Fix Asset ( HK )
20103 100 BS Prepaid
18011 200 BS Accrued Payable Hotel (Trade ) 31,743.34
18011 200 BS Account Payable - Lease Rental 1,200.00
18011 200 BS Account Payable -Services Money 2,254.05
18011 200 BS Account Payable -Commerical Tax 4,846.95
18011 200 BS Account Payable - Columbus 15,000.00
19014 200 BS Accrued Electricity 1,911.10
21102 200 BS Tip for Staff 2.25
29999 200 BS Retain Earning 23,237.65
30101 1000 PL Room Revenue
40101 1000 PL Cost of Call
50101 1000 PL Salary & Wages ( HK )
60102 1000 PL Cleaning Supplies
60103 1000 PL Guest Supply
60107 1000 PL Printing Supplies
60202 1000 PL Laundry
60204 1000 PL Uniform
60301 1000 PL Postage,Telephone, e-mail
60303 1000 PL Transportation & Labour ( HK )
60415 1000 PL Pest Control
60419 1000 PL Complimentory Food & Beverage
61021 1000 PL Landscaping
69999 1000 PL Miscelleneous
69999 1000 PL Miscellaneous ( HK )
70116 1000 PL Lotus Pond
70119 1000 PL Papin School 500.00
31011 2000 PL Food Revenue
32011 2000 PL Beverage Revenue
41011 2000 PL Food Cost
50101 2000 PL Salary & Wages ( F&B )
60102 2000 PL Cleaning Supply
60103 2000 PL Guest Supply
60107 2000 PL Printing Supplies
60202 2000 PL Laundry
60204 2000 PL Uniform
60301 2000 PL Postage,Telephone, e-mail
60303 2000 PL Transportation & Labour
62013 2000 PL Kitchen Utensil
69999 2000 PL Miscelleneous
30101 3100 PL Revenue Phone Call
40101 3100 PL Cost of Call
30101 3200 PL Revenue - SPA
50101 3200 PL Salary & Wages ( SPA )
69999 3200 PL Miscelleneous
30102 3300 PL Revenue - Others
30102 3300 PL Revenue - Others
30104 3300 PL Revenue - Boat
30106 3300 PL Revenue - Mini Bar
40101 3300 PL Cost Of Minibar
42011 3300 PL Beverage Cost
64012 3300 PL Transport Expenses
64014 3300 PL Transport Expenses ( MOD )
30101 3400 PL Revenue - Laundry
40101 3400 PL Cost of Laundry
50101 3400 PL Salary & Wages ( Laundry )
69999 3400 PL Miscellaneous ( LDY )
40101 3600 PL Cost of Sale - Souvenir
50101 4000 PL Salary & Wages ( Admin )
50102 4000 PL Staff Related Expense
60107 4000 PL Printing Supplies
60202 4000 PL Laundry
60204 4000 PL Uniform
60301 4000 PL Postage,Telephone, e-mail
60303 4000 PL Transportation & Labour
60305 4000 PL Drinking Water
60410 4000 PL Manpower Development
60413 4000 PL Exchange A/C
63015 4000 PL Staff Canteen Expenses
69999 4000 PL Miscelleneous
60407 5000 PL Advertising
69999 5000 PL Miscellaneous ( S&M )
50101 6000 PL Salary & Wages ( Eng )
60107 6000 PL Printing Supplies
60108 6000 PL Engineering Supplies
60204 6000 PL Uniform
60301 6000 PL Postage,Telephone, e-mail
60306 6000 PL Maintenance of Motor Vehical
61011 6000 PL Maintenance Building
61021 6000 PL Landscaping ( ENG )
69999 6000 PL Miscellaneous
65012 7000 PL Utential Diesel
65013 7000 PL Electricity Chgs
65014 7000 PL Utential GAS Cost
70102 8000 PL Lease Rental
80105 9000 PL Reallocation - SPA
80107 9000 PL Commerical Tax
80108 9000 PL Services Money

155,930.78 155,930.78
0.00
311,861.57 311,861.57
 USD JV Coso
Debit Credit Debit Credit Debit Credit
24,975.98 13,653.31 38,629.29 13,653.31 24,975.98 24975.978
11,773.00 12,634.98 25,801.63 11,773.00 14,028.63 14028.63
33,031.15 123,998.47 87,611.02 126,645.25 120,642.17 6,003.08 6003.08
885.00 75.00 - 885.00 75.00 810.00 810
74,976.04 129,242.13 - 129,242.13 129242.13
23,223.70 - - 59,929.38 - 59,929.38 59929.38
2,015.50 - 11,655.95 13,671.45 - 13,671.45 13671.45
813.00 - 508.90 1,321.90 - 1,321.90 1321.9
1,796.00 - 990.00 - 2,786.00 - 2,786.00 2786
- - 29,632.41 - 50,918.73 (50,918.73)
75.50 1,204.00 1,583.02 3,280.84 1,583.02 1,697.82 1,697.82
659.50 1,214.80 2,734.25 5,274.73 2,734.25 2,540.48 2540.483
511.52 571.71 731.17 571.71 159.46 159.46
20.90 332.60 564.62 1,446.11 564.62 881.49 881.49
- - - 0
226.35 566.32 1,950.82 566.32 1,384.50 1384.505
13.90 83.16 171.26 317.57 171.26 146.31 146.305
17.50 2.00 197.01 2,240.37 197.01 2,043.36 2043.36
- - - - 0
420.00 513.05 646.55 513.05 133.50 133.5
272.00 306.60 606.60 306.60 300.00 300
28.50 364.80 383.70 657.29 383.70 273.59 273.59
641.46 570.55 1,194.20 570.55 623.65 623.648
- - - - - 0
235.20 113.60 321.11 883.11 474.66 408.46 408.455
275.34 137.96 695.97 137.96 558.01 558.007
1,362.45 5,563.61 5,261.48 10,166.30 5,261.48 4,904.82 4904.823
- - - - - 0
2,394.15 1,670.93 3,883.49 1,670.93 2,212.56 2212.561
1,753.30 1,753.30 12.65 1,740.65 1740.652
6,280.00 5,230.00 - - 15,929.00 5,230.00 10,699.00 10699
- 14,053.07 (14,053.07)
30,064.60 - 70,294.45 (70,294.45)
380.00 - 1,500.00 1,880.00 - 1,880.00 1880
7,401.00 - 7,401.00 7401
10,021.00 - 10,021.00 - 10,021.00 10021
- 1,002.27 - 1,002.27 (1,002.27)
10,636.60 75.00 8,277.45 10,711.60 40,020.79 (29,309.19)
400.00 - 1,600.00 (1,600.00)
2,125.00 10,782.48 2,125.00 13,036.53 (10,911.53)
5,391.24 - 10,238.19 (10,238.19)
- 15,000.00 (15,000.00)
1,911.10 2,703.10 1,911.10 4,614.20 (2,703.10)
135.33 - - 137.58 (137.58)
- 23,237.65 (23,237.65)
- 73,774.77 - 73,774.77 (73,774.77) 302778.2
60.15 - 60.15 - 60.15
1,494.50 - 1,494.50 - 1,494.50
 420.00 - 420.00 - 420.00
256.00 581.69 - 837.69 - 837.69
4.00 95.96 - 99.96 - 99.96
281.23 - 281.23 - 281.23
6.65 - 6.65 - 6.65
181.65 - 181.65 - 181.65
615.00 - 615.00 - 615.00
133.35 - 133.35 - 133.35
302.93 - 302.93 - 302.93
41.50 16.00 - 57.50 - 57.50
5.00 9.50 - 14.50 - 14.50
- - - -
- - - -
2,439.00 525.00 - 3,464.00 - 3,464.00
- 16,556.85 - 16,556.85 (16,556.85)
- 7,183.30 - 7,183.30 (7,183.30)
4,615.33 - 4,615.33 - 4,615.33
2,611.67 - 2,611.67 - 2,611.67
53.10 - 53.10 - 53.10
65.65 - 65.65 - 65.65
41.12 - 41.12 - 41.12
52.06 - 52.06 - 52.06
15.88 - 15.88 - 15.88
79.93 - 79.93 - 79.93
126.90 96.10 - 223.00 - 223.00
99.00 - 99.00 - 99.00
221.19 - 221.19 - 221.19
- 29.57 - 29.57 (29.57)
91.23 129.75 91.23 129.75 (38.53)
- 4,243.91 - 4,243.91 (4,243.91)
411.67 - 411.67 - 411.67
5.47 - 5.47 - 5.47
140.00 - 140.00 - 140.00
- 19,911.37 - 19,911.37 (19,911.37)
- 1,173.91 - 1,173.91 (1,173.91)
- 506.09 - 506.09 (506.09)
137.96 - 137.96 - 137.96
1,660.23 - 1,660.23 - 1,660.23
155.00 - 155.00 - 155.00
210.00 - 210.00 - 210.00
- 618.70 - 618.70 (618.70)
4.06 - 4.06 - 4.06
112.00 - 112.00 - 112.00
33.50 - 33.50 - 33.50
30.00 - 30.00 - 30.00
1,213.00 - 1,213.00 - 1,213.00
214.12 - 214.12 - 214.12
58.38 - 58.38 - 58.38
6.86 - 6.86 - 6.86
6.38 - 6.38 - 6.38
 50.78 - 50.78 - 50.78
181.28 7.00 - 188.28 - 188.28
56.50 - 56.50 - 56.50
139.80 - 139.80 - 139.80
27,522.22 27,366.00 27,522.22 27,366.00 156.22
1,410.08 370.60 - 1,780.68 - 1,780.68
50.00 6.45 - 56.45 - 56.45
1,688.50 - 1,688.50 - 1,688.50
1.75 - 1.75 - 1.75
811.00 - 811.00 - 811.00
1.55 - 1.55 - 1.55
695.55 342.50 - 1,038.05 - 1,038.05
9.30 - 9.30 - 9.30
220.78 - 220.78 - 220.78
323.00 - 323.00 - 323.00
1,247.00 2,066.57 - 3,313.57 - 3,313.57
244.00 - 244.00 - 244.00
0.34 - 0.34 - 0.34
306.60 - 306.60 - 306.60
2,703.10 - 2,703.10 - 2,703.10
383.70 - 383.70 - 383.70
400.00 - 400.00 - 400.00
171.26 - 171.26 - 171.26
5,391.24 5,391.24 - 5,391.24
10,782.48 10,782.48 - 10,782.48 (73,372.44)
- - -
121,328.39 121,328.39 285,481.74 285,481.74 562,740.91 562,740.92 (0.00) -
(0.00) - (0.00)
-50918.732

-14053.07
-70294.45

-1002.268
-29309.19
-1600
-10911.53
-10238.19
-15000
-2703.1
-137.58
-96607.093
-302775.2 3.0011
 Opening
Account cod Department BS / PL Particular Debit Credit
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Ldy )
50101 3400 PL Salary & Wages ( Spa )
50101 4000 PL Salary & Wages ( Admin )
63015 4000 PL Staff Canteen Expenses
50101 6000 PL Salary & Wages ( ENG )
295,132.48 295,132.48
(0.01)
 USD JV Coso
Debit Credit Debit Credit Debit Credit Inle
1,559.95 - - - 1,559.95 - 1,559.95
1,633.75 - 1,633.75 - 1,633.75
131.82 - 131.82 - 131.82
345.45 - 345.45 - 345.45
1,199.65 - 1,199.65 - 1,199.65
1,427.00 372.50 - 1,799.50 - 1,799.50
757.33 - - - 757.33 - 757.33
977459.39
Account cod Department BS / PL Particular Inle YGN
11012 100 BS Cash in Hand 26,941.18 25,576.77
13023 100 BS Agoda 13,545.51
13023 100 BS A/R Guest Ledger -Inle 9,981.48
13023 100 BS Account Receiable -HO 30,347.16
13024 100 BS City Ledger 295,336.13 ###
13027 100 BS Construction- pool 76,238.59
13027 100 BS Construction ( Laundry ) 2,705.91
13027 100 BS Construction- New Bar 2,970.55
13027 100 BS Construction: Second Phase 5,000.00
13032 100 BS Current HO Purchasing (73,262.47) 73,255.51
13032 100 BS Current HO Payable (8,663.62)
14011 100 BS Inventory-Food(Store) 2,677.39
14012 100 BS Inventory-Beverage(Store) 8,081.49
14013 100 BS Inventory - Cleaning Supplies 291.73
14013 100 BS Inventory-Cleaning Supplies( Store ) 1,056.56
14014 100 BS Inventory-Guest Supplies ( Store ) 2,196.42
14015 100 BS Inventory - Massage Oil 237.95
14017 100 BS Inventory-Printing Supplies ( Store 1,720.89
14017 100 BS Inventory-Printing Supplies 17.50
14019 100 BS Inventory-Diesel & Petrol ( Store ) 209.64
14019 100 BS Inventory - Diesel for Generator 274.50
14020 100 BS Inventory-Gas 101.81
14021 100 BS Inventory - H.K'Guest Supplies 682.54
14023 100 BS Inventory-Other Supply 414.31
14024 100 BS Inventory - Mini Bar 595.24
14125 100 BS Operating-Food 6,163.22
14126 100 BS Operating-Beverage 1,651.52
15012 100 BS Prepaid 467.05
15115 100 BS Deposit Account - (50,515.96)
16014 100 BS Staff Advance 2,140.45 1,755.70
16015 100 BS Refund 619.00
16103 100 BS Supsend (14,059.97) (52,731.76)
16303 100 BS Current A/C Cash Remittance (92,267.63) 92,267.60
16304 100 BS Good in Transit -Cash - 1,904.00
17098 100 BS F Asset F&B 5,869.91
17101 100 BS F Asset ( Brick Fance ) 7,401.00
17101 100 BS F Asset Land & Building 1,818.18
17104 100 BS Fix Asset ( HK ) 11,971.00
17104 100 BS Fix Asset - Furniture & Fitting 75.00
18011 200 BS Account Payable - Lease Rental (2,000.00)
18011 200 BS Account Payable -Services Money (20,351.72)
18011 200 BS Account Payable -Commerical Tax (11,008.51)
18011 200 BS Account Payable - Columbus (15,000.00) 155,682.00
18011 200 BS Accrued Payable Hotel (Trade ) (31,510.31)
19014 200 BS Accrued Electricity (3,883.10)
21102 200 BS Tip for Staff (140.58)
29999 200 BS Retain Earning (88,957.47) 18,743.50

30101 1000 PL Room Revenue (141,746.27)

50101 1000 PL Salary & Wages ( HK ) 1,559.95
60103 1000 PL Guest Supplies 1,551.46
60107 1000 PL Printing Supplies 222.95
60202 1000 PL Laundry 525.21
60203 1000 PL Linen 432.00
60204 1000 PL Uniform ( HK ) 65.95
60250 1000 PL Flowers & Decoration ( HK ) 325.45
60301 1000 PL Postage,Telephone, e-mail 162.44
60303 1000 PL Transportation & Labour ( HK ) 373.55
60415 1000 PL Pest Control 19.68
60419 1000 PL Complimentory Food & Beverage 722.79
61021 1000 PL Landscaping ( HK ) 831.82
69999 1000 PL Miscellaneous ( HK ) 280.29
14014 2000 PL Guest Supply 73.83
31011 2000 PL Food Revenue (29,737.60)
32011 2000 PL Beverage Revenue (11,429.91)
42011 2000 PL Beverage Cost 4,246.30
50101 2000 PL Salary & Wages ( F&B ) 1,633.75
60101 2000 PL Chinese Ware 22.00
60102 2000 PL Cleaning Supply 64.00
60103 2000 PL Postage,Telephone, e-mail 80.31
60107 2000 PL Printing Supplies 73.58
60202 2000 PL Laundry 84.99
60204 2000 PL Uniform ( F&B ) 93.12
60303 2000 PL Transportation & Labour ( F&B ) 419.38
60415 2000 PL Utential GAS Cost 608.14
62013 2000 PL Operation Utensils 50.91
69999 2000 PL Miscellaneous 358.05
40101 3300 PL Cost Of Minibar 194.01
40101 3300 PL Food Cost 8,971.53
30101 3100 PL Revenue Phone Call (48.70)
30101 3200 PL Revenue - SPA (5,827.83)
30102 3300 PL Revenue - Others (35,830.59)
30106 3300 PL Transport Revenue (1,678.26)
64012 3300 PL Transport Expenses ( MOD ) 559.98
30106 3300 PL Revenue - Mini Bar (766.96)
30101 3400 PL Revenue - Laundry (1,199.57)
40101 3100 PL Cost of Call ( 27.31
50101 3200 PL Salary & Wages ( Ldy ) 131.82
69999 3200 PL Uniform ( Spa ) 36.94
69999 3200 PL Operation Utensial 25.30
64015 3300 PL Other Expense ( MOD ) 1,381.24
40101 3400 PL Cost of Laundry 7.68
50101 3400 PL Salary & Wages ( Spa ) 345.45
50101 4000 PL Salary & Wages ( Admin ) 1,199.65 2577.27
50102 4000 PL Staff Related Expense 178.20 34.55
60107 4000 PL Printing Supplies 99.65 16.91
60202 4000 PL Laundry 11.04
60204 4000 PL Uniform ( Admin ) 28.25 30.91
60301 4000 PL Postage,Telephone, e-mail 139.72 34.89
60303 4000 PL Transportation & Labour ( Admin ) 179.18 250.18
60305 4000 PL Drinking Water 37.91
60408 4000 PL Bank Charges ( Admin ) 548.65 21.44
60412 4000 PL Entertainment ( Admin ) 181.82
60413 4000 PL Exchange A/C 3,116.38 3073.92
60414 4000 PL Travelling ( Admin ) 19.82
60418 4000 PL Staff Activity ( Admin ) 142.73
60422 4000 PL Present & Donation ( Admin ) 9.09
63013 4000 PL Medical Expenses 10.55
63015 4000 PL Staff Canteen Expenses 1,799.50
69999 4000 PL Miscellaneous 22.26 1.36
70119 4000 PL Papin School 264.55 0
50101 5000 PL Salary & Wages - S & M 354.55
40101 5000 PL Phone & Fax - S&M 34.89
50102 5000 PL Staff Related Expense 34.55
60107 5000 PL Printing & Stationery - S&M 16.91
60204 5000 PL Uniform 30.91
60303 5000 PL Transportation - S&M 31.82
60407 5000 PL Advertising 194.55
60414 5000 PL Travelling ( S&M ) 2,164.20 455
60414 5000 PL Travelling ( S&M )
69999 5000 PL Miscellaneous 1.36
50101 6000 PL Salary & Wages ( ENG ) 757.33
60103 6000 PL Postage,Telephone, e-mail 27.31
60107 6000 PL Printing Supplies 7.28
60108 6000 PL Engineering Supplies 1,241.77
60204 6000 PL Uniform ( Eng ) 11.45
60301 6000 PL Postage,Telephone, e-mail 181.05
60306 6000 PL Motor Vehicle Expenses 1,038.64
61011 6000 PL Maintenance Building 4,150.79
61016 6000 PL Maintenance Furniture,Fixture 743.64
61018 6000 PL Maintenance WaterSupply 19.27
61021 6000 PL Landscaping ( Eng ) 4,959.55
61023 6000 PL Light & Bulb 23.64
61026 6000 PL Sewage & Rubbish Removal ( ENG ) 772.73
69999 6000 PL Miscellaneous ( Eng ) 6.89
65012 7000 PL Utential Diesel 300.00
65013 7000 PL Electricity Chgs 3,627.36
70102 8000 PL Lease Rental 400.00 0
80105 9000 PL Reallocation - SPA 178.61 0
80107 9000 PL Commerical Tax 9,924.57 0
80108 9000 PL Services Money 19,849.19 0
80109 9000 PL Construction - Lotus Pond 6,835.72 0
 -
0.01 (0.00)
Total
52,517.95 52,517.95
13,545.51
9,981.48
30,347.16 53,874.15
-
76,238.59
2,705.91
2,970.55
5,000.00 86,915.05
(6.96)
(8,663.62) (8,670.58)
2,677.39 Nov'14 7382.04
8,081.49 Oct'14 340
291.73 Total AP 7722.04 From Myat Myat (Ygn )
1,056.56 Balance (948.54)
2,196.42
237.95
1,720.89
17.50
209.64
274.50
101.81
682.54
414.31
595.24
6,163.22
1,651.52 26,372.71
467.05
(50,515.96)
3,896.15
619.00
(66,791.73)
(0.03)
1,904.00
5,869.91
7,401.00
1,818.18
11,971.00
75.00
(2,000.00)
(20,351.72)
(11,008.51)
140,682.00
(31,510.31) (40,180.89)
(3,883.10)
(140.58)
 (70,213.97)

(141,746.27)
1,559.95
1,551.46
222.95
525.21
432.00
65.95
325.45
162.44
373.55
19.68
722.79
831.82
280.29
73.83
(29,737.60)
(11,429.91)
4,246.30
1,633.75
22.00
64.00
80.31
73.58
84.99
93.12
419.38
608.14
50.91
358.05
194.01
8,971.53
(48.70)
(5,827.83)
(35,830.59)
(1,678.26)
559.98
(766.96)
(1,199.57)
27.31
131.82
36.94
25.30
1,381.24 23.05
7.68
345.45
3,776.92
 212.75
116.56
11.04
59.16
174.61
429.36
37.91
570.09
181.82
6,190.30
19.82
142.73
9.09
10.55
1,799.50
23.62
264.55
354.55
34.89
34.55
16.91
30.91
31.82
194.55
2,619.20
- 455
1.36
757.33
27.31
7.28
1,241.77
11.45
181.05
1,038.64
4,150.79
743.64
19.27
4,959.55
23.64
772.73
6.89
300.00
3,627.36
400.00
178.61
9,924.57
19,849.19
6,835.72 (129,296.66) 129273.61
 Villa Inle Resort & Spa
Balance Sheet as at November 30, 2014

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 75
F Asset ( HK ) 11,971
F Asset ( F&B ) 5,870
F Asset Land & Building 1,818
Construction in Progress 86,915

FIXED ASSETS AND INTANGIBLES 114,050

2.0 CURRENT ASSETS

2.1 Accounts Receivable 53,874
2.2 Prepayments 467
2.3 Advances (Staff) 3,896
2.4 Current Account ( HO )
2.5 Other Receivable 1,904
2.6 Inventories at Cost 26,373
2.7 Cash in Hand 52,518
2.8 Cash at Bank -

TOTAL CURRENT ASSETS 139,032

TOTAL ASSETS 253,082
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (66,792)
4.2 Accounts Payable - Trade (31,510)
Accounts Payable - Trade columbus 140,682
Accounts Payable - Current Ho (8,671)
Accounts Payable - Services Money (20,352)
Accounts Payable - Commerical Tax (11,009)
Accounts Payable - Land Lease (2,000)
4.3 Accrued Expenses (3,883)
4.4 Provisions
4.5 Deposit Received (50,516)
4.6 Other Payable 478

TOTAL CURRENT LIABILITIES (53,572)

NET ASSETS 199,511
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves -
General Reserves -
Opening Retaining Earning 70,214
Retained Earnings /(Loss) 129,297

SHAREHOLDERS' INTEREST 199,511

0
68,870
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 November 2014
Amount (USD)
Revenue 228,266
Room Revenue 141,746.27
Mini Bar Revenue 766.96
Food & Beverage 41,167.51
Other Operation Department
Phone 48.70
SPA 5,827.83
Other 35,830.59
Transportation 1,678.26
Laundry 1,199.57

Total Revenue 228,266

Cost of Sale
Room Expenses 7,074
Salary & Wages ( HK ) 1,559.95
Guest Supplies 1,551.46
Printing Supplies 222.95
Laundry 525.21
Linen 432.00
Uniform ( HK ) 65.95
Flowers & Decoration ( HK ) 325.45
Postage,Telephone, e-mail 162.44
Transportation & Labour ( HK ) 373.55
Pest Control 19.68
Complimentory Food & Beverage 722.79
Landscaping ( HK ) 831.82
Miscellaneous ( HK ) 280.29

Mini Bar Expenses 194

Mini Bar Cost 194.01

Food & Beverage Expenses 16,780

Food &Beverage Cost 13,217.83
Salary & Wages ( F&B ) 1,633.75
Chinese Ware 22.00
Cleaning Supply 64.00
Guest Supply 73.83
Postage,Telephone, e-mail 80.31
Printing Supplies 73.58
Laundry 84.99
Uniform ( F&B ) 93.12
Transportation & Labour ( F&B ) 419.38
Utential GAS Cost 608.14
Operation Utensils 50.91
Miscellaneous 358.05
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 November 2014
Amount (USD)

Other Operation Department 2,694

Cost of Call ( 27.31
Transport Expenses ( MOD ) 559.98
Salary & Wages ( Ldy ) 131.82
Uniform ( Spa ) 36.94
Operation Utensial 25.30
Other Expense ( MOD ) 1,381.24
Cost of Laundry 7.68
Salary & Wages ( Spa ) 345.45
Cost of Spa 178.61

Tax & Services Money 29,774

Commerical Tax 9,924.57
Services Money 19,849.19

Total Cost of Sale 56,516

Gross Operating Profit 171,750

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 3,319
Salary & Wages - S & M 354.55
Phone & Fax - S&M 34.89
Staff Related Expense 34.55
Printing & Stationery - S&M 16.91
Uniform 30.91
Transportation - S&M 31.82
Advertising 194.55
Travelling ( S&M ) 2,619.20
Miscellaneous 1.36

Maintance Expenses 13,941

Salary & Wages ( ENG ) 757.33
Postage,Telephone, e-mail 27.31
Printing Supplies 7.28
Engineering Supplies 1,241.77
Uniform ( Eng ) 11.45
Postage,Telephone, e-mail 181.05
Motor Vehicle Expenses 1,038.64
Maintenance Building 4,150.79
Maintenance Furniture,Fixture 743.64
Maintenance WaterSupply 19.27
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 November 2014
Amount (USD)
Landscaping ( Eng ) 4,959.55
Light & Bulb 23.64
Sewage & Rubbish Removal ( ENG ) 772.73
Miscellaneous ( Eng ) 6.89

Admin & General Expenses 25,193

Salary & Wages ( Admin ) 3,776.92
Staff Related Expense 212.75
Printing Supplies 116.56
Laundry 11.04
Uniform ( Admin ) 59.16
Postage,Telephone, e-mail 174.61
Transportation & Labour ( Admin ) 429.36
Drinking Water 37.91
Bank Charges ( Admin ) 570.09
Entertainment ( Admin ) 181.82
Exchange A/C 6,190.30
Travelling ( Admin ) 19.82
Staff Activity ( Admin ) 142.73
Present & Donation ( Admin ) 9.09
Medical Expenses 10.55
Staff Canteen Expenses 1,799.50
Miscellaneous 23.62
Utential Diesel 300.00
Electricity Chgs 3,627.36
Lease Rental 400.00
Papin School 264.55
Construction - Lotus Pond 6,835.72

Total -Sale & Marketing , M&E and Admin & General Expenses 42,453

Net Operating Profit 129,297

(129,297)
(0)
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 December 2014
Opening YGN
Account code Department Particular Debit

50101 4000 PL Salary & Wages - Admin

50102 4000 PL Staff Related Expense

50101 5000 PL Salary & Wages - S & M

50102 5000 PL Staff Related Expense

Opening YGN YGN (Kyat) YGN EQ (USD) USD
Credit Debit Credit Debit Credit Debit Credit
3,031,500.00 2,755.91 -

55,100.00 50.09 -

245,000.00 222.73 -

50,000.00 45.45 -
 JV -Current (USD) Coso Trail
Debit Credit Debit Credit Check
2,755.91 - 2,755.91
50.09 - 50.09
222.73 - 222.73
45.45 - 45.45
 Opening
Account code Department BS / PL Particular Debit Credit
11012 100 BS Cash in Hand 26,941.18
13023 100 BS Agoda 13,545.51
13023 100 BS A/R Guest Ledger -Inle 9,981.48
13024 100 BS City Ledger 295,336.13
13027 100 BS Construction- pool 68,238.59
13027 100 BS Construction - Lotus Pond -
13027 100 BS Construction ( Laundry ) 2,705.91
13027 100 BS Construction- New Bar 2,970.55
13027 100 BS Construction: Second Phase 21,727.27
13032 100 BS Current HO Purchasing 73,262.47
14011 100 BS Inventory-Food(Store) 2,677.39
14012 100 BS Inventory-Beverage(Store) 8,081.49
14013 100 BS Inventory - Cleaning Supplies 291.73
14013 100 BS Inventory-Cleaning Supplies( Store ) 1,056.56
14014 100 BS Inventory-Guest Supplies ( Store ) 2,196.42
14015 100 BS Inventory - Massage Oil 237.95
14017 100 BS Inventory-Printing Supplies ( Store 1,738.39
14019 100 BS Inventory-Diesel & Petrol ( Store ) 209.64
14019 100 BS Inventory - Diesel for Generator 274.50
14020 100 BS Inventory-Gas 101.81
14021 100 BS Inventory - H.K'Guest Supplies 682.54
14023 100 BS Inventory Other Supply Store 414.31
14024 100 BS Inventory Mini Bar Beverage 247.90
14024 100 BS Inventory Mini Bar Food 347.34
14125 100 BS Operating-Food 6,163.22
14126 100 BS Operating-Beverage 1,652.24
15012 100 BS Prepaid 467.05
16014 100 BS Staff Advance 2,140.45
16103 100 BS Supsend 14,059.97
16303 100 BS Current A/C Cash Remittance 92,267.63
17098 100 BS F Asset F&B 5,869.91
17101 100 BS F Asset ( Brick Fance ) 7,401.00
17101 100 BS F Asset Land & Building 1,818.18
17102 100 BS Fixed Asset
17104 100 BS Fix Asset ( HK ) 11,971.00
20109 100 BS Swimming Pool Chair Sofa & Sewing Chg:
18011 200 BS Account Payable - Lease Rental 2,000.00
18011 200 BS Account Payable -Services Money 20,351.72
18011 200 BS Account Payable -Commerical Tax 11,008.51
18011 200 BS Account Payable - Columbus 15,000.00
18011 200 BS Accrued Payable Hotel (Trade ) 31,510.31
Accrued Payable Hotel (Construction) 8,727.27
19014 200 BS Accrued Electricity 3,883.10
21102 200 BS Tip for Staff 140.58
29999 200 BS Retain Earning 225,276.09
30101 1000 PL Room Revenue
50101 1000 PL Salary & Wages ( HK )
60102 1000 PL Cost Of HK Cleaning Supply
60103 1000 PL Cost Of HK Guest Supply
60107 1000 PL PS for Room
60202 1000 PL HK Laundry
60204 1000 PL FO Uniform
60301 1000 PL Postage,Telephone,e-mail ( HK )
60303 1000 PL Transportation & Labour ( HK )
60415 1000 PL Pest Control
60419 1000 PL Welcome Drink
60419 1000 PL Fruit Tray ( HK )
61021 1000 PL Landscaping ( HK )
62013 1000 PL Operation Utensal
62011 1000 PL Room Commission Fee
69999 1000 PL Miscellaneous ( FO )
31011 2000 PL Food Revenue
32011 2000 PL Beverage Revenue
41011 2000 PL Food Cost
42011 2000 PL Beverage Cost
50101 2000 PL Salary & Wages ( F&B )
60101 2000 PL Chinese Ware
60102 2000 PL CS for Restaurant
60103 2000 PL GS for Kitchen
60107 2000 PL PS for F&B
60202 2000 PL F&B Laundry
60203 2000 PL Table Cloth&Napkin
60204 2000 PL Uniform ( F&B )
60250 2000 PL Flowers & Decoration ( F&B )
60301 2000 PL Postage,Telephone, e-mail
60303 2000 PL Transportation Chg ( BKK Goods )
60303 2000 PL Transportation & Labour ( F&B )

60415 2000 PL Cost Of Gas

62013 2000 PL Operation Utensal
62020 2000 PL New Year
69999 2000 PL Miscellaneous
30101 3100 PL Telephone Revenue + Internte Revenue
30101 3100 PL Cost of Call
30101 3200 PL Spa Revenue
50101 3200 PL Salary & Wages ( Spa )

60103 3200 PL GS for FO

69999 3200 PL Operation Utensial ( Spa )
30102 3300 PL Other Income Revenue
30102 3300 PL Souvenir shop Sale
30104 3300 PL Transportation Revenue
30106 3300 PL Mini Bar ( Food+ Bev ) Revenue
30106 3300 PL Transport Expenses ( MOD )

40101 3300 PL Cost Of Minibar ( Food )

40101 3300 PL Cost Of Minibar ( Beverage )
64012 3300 PL Boat
30101 3400 PL Laundry Revenue
40101 3400 PL Guest Laundry
50101 3400 PL Salary & Wages ( Laundry )
50101 4000 PL Salary & Wages ( Admin )
60107 4000 PL Printing & Stationery ( Admin )

60202 4000 PL A&G Laundry

60204 4000 PL A&G Uniform
60301 4000 PL Postage,Telephone, e-mail
60301 4000 PL Sky net Fee
60303 4000 PL Transportation & Labour ( Admin )

60305 4000 PL Staff Canteen ( Water )

60408 4000 PL Bank Charges ( Admin )

60410 4000 PL Manpower Development ( Admin )

60413 4000 PL Exchange A/C

60422 4000 PL Present & Donation ( Admin )
63013 4000 PL Medical Expenses ( Admin )
63015 4000 PL Staff Canteen Expenses

69999 4000 PL GS for A&G

69999 4000 PL Miscellaneous ( Admin )

60301 5000 PL Postage,Telephone, e-mail

50101 6000 PL Salary & Wages ( Eng )

60107 6000 PL PS for M&E

60108 6000 PL Engineering Supplies

60301 6000 PL Sky net Fee

60306 6000 PL Motor Vehicle Expenses

61011 6000 PL Teak Wood purchase -

61013 6000 PL Maintenance Mechinical

61018 6000 PL Maintenance WaterSupply

61019 6000 PL Painting & Renovation
61021 6000 PL Landscaping ( Eng )
61023 6000 PL Light Bulb ( Eng )

69999 6000 PL GS for M&E

65012 7000 PL Cost Of Diesel for Generator
65013 7000 PL EPC Bill for November'14
70102 8000 PL Lease Rental
80105 9000 PL Cost Of Spa

497,487.65 497,487.65
0.01

488,737.33
458,312.51 73,262.47
385,050.04
 USD JV Coso
Debit Credit Debit Credit Debit Credit
82313.205152 26941.1784848485 109,254.39 26,941.18
22230.72 22,293.76 35,839.27 22,230.72
43,370.75 199,054.52 143,255.52 209,036.00 186,626.27
120,961.76 416,297.89 -
1980.7272727 70,219.32 -
- -
218.18181818 2,924.09 -
218.18181818 3,188.73 -
21,727.27 -
23,114.77 - 96,377.24
212.04545455 2,903.25 2,431.96 5,792.69 2,431.96
546.59090909 5,289.25 4,366.29 13,917.34 4,366.29
1,032.69 1,066.54 1,324.42 1,066.54
2,004.91 1,119.78 3,061.47 1,119.78
7.7272727273 1,076.00 718.79 3,280.14 718.79
2.7272727273 12.62 82.97 253.30 82.97
535.54545455 295.13 2,273.94 295.13
653.18 612.09 862.82 612.09
420.77 526.70 695.27 526.70
602.18181818 625.46 703.99 625.46
860.87 874.43 1,543.41 874.43
154.18181818 3,112.36 911.69 3,680.86 911.69
81.59 81.31 329.49 81.31
53.90 88.51 401.24 88.51
2660.5909091 9,627.43 10,691.81 18,451.24 10,691.81
4,017.61 3,178.29 5,669.85 3,178.29
2071.0909091 1,357.74 2,538.14 1,357.74
7454.5454545 7272.72727272727 9,595.00 7,272.73
- 14,059.97
61853.3563636364 - 154,120.99
386.36363636 2,049.55 8,305.82 -
7,401.00 -
7272.7272727 9,090.91 -
- - -
1,045.91 13,016.91 -
1,000.00 - 1,000.00 -
400.00 - 2,400.00
19243 17,309.09 19,243.00 37,660.81
8,654.55 - 19,663.06
- 15,000.00
12234.609091 0 7,561.59 12,234.61 39,071.90
8,727.27
3627.3636364 4,067.36 3,627.36 7,950.46
103 - 243.58
- 225,276.09
- 119,095.67 - 119,095.67
1482.5754545 0 1,482.58 -
5.9090909091 277.88 - 283.79 -
874.43 - 874.43 -
10.91 142.94 - 153.85 -
 671.34 - 671.34 -
6.05 - 6.05 -
68.400909091 281.41 349.81 -
477.27272727 0 477.27 -
118.09 - 118.09 -
806.45 - 806.45 -
362.72727273 0 362.73 -
1782.5 0 272.73 2,055.23 -
444.55 500.00 - 944.55 -
150.00 150.00
276.59090913 0 10.82 287.41 -
- 28,682.79 - 28,682.79
- 12,907.07 - 12,907.07
10,169.50 - 10,169.50 -
2,894.15 - 2,894.15 -
2053.3336364 0 2,053.33 -
635.64 - 635.64 -
86.27 - 86.27 -
62.58 - 62.58 -
46.99 - 46.99 -
96.34 - 96.34 -
454.55 - 454.55 -
11.818181818 0 172.67 184.49 -
181.81818182 0 181.82 -
62.09 - 62.09 -
87.36 - 87.36 -
489.8 0 489.80 -
625.46 - 625.46 -
53.18 - 53.18 -
1476.1818182 48.18 - 1,524.36 -
341.10 - 341.10 -
- 79.13 - 79.13
27.27 - 27.27 -
- 5,819.13 - 5,819.13
386.36363636 0 386.36 -
1.30 - 1.30 -
38.72 - 38.72 -
- 2,737.09 - 2,737.09
1509.35 435.00 - 1,944.35 -
- 1,603.48 - 1,603.48
- 704.35 - 704.35
40.909090909 0 40.91 -
88.51 - 88.51 -
81.31 - 81.31 -
538.45 - 538.45 -
- 1,462.17 - 1,462.17
9.41 - 9.41 -
136.36363636 0 136.36 -
 1286.97 0 1,286.97 -
3.4545454545 0 99.16 102.61 -
11.57 - 11.57 -
57.07 - 57.07 -
9.09 - 9.09 -
26.50 - 26.50 -
182.85454545 0 182.85 -
60.96 - 60.96 -
2.0454545455 0 2.05 -
272.72727273 0 272.73 -
29709 27738.5454545455 29,709.00 27,738.55
45.454545455 0 45.45 -
11.363636364 0 11.36 -
1904.8181818 0 464.63 2,369.45 -
13.15 - 13.15 -
275.90909091 0 275.91 -
8.91 - 8.91 -
759.09090909 0 759.09 -
6.04 - 6.04 -
137.81818182 0 734.87 872.68 -
68.14 0 68.14 -
4.0909090909 0 4.09 -
- 234.9709090909 - 234.97 -
22.727272727 0 22.73 -
91.14 - 91.14 -
166.27272727 0 382.2727272727 548.55 -
1706.3636364 0 1,706.36 -
80.363636364 0 417.2727272727 497.64 -
0.36 0 0.36 -
526.7 0 526.70 -
4067.363636364 0 4,067.36 -
400 0 400.00 -
82.97 0 82.97 -

- -
- -
189,510.28 189,510.28 406,483.23 406,483.26 1,093,481.17 1,093,481.19
0.00 (0.03) (0.02)

189510.28 410045.68 1,088,293.29

Inle
82,313.21 26918.1274
13,608.55 295336.13
22,409.73 76238.5945
416,297.89 1720.8945
70,219.32 274.5
- 101.81
2,924.09 682.538
3,188.73 414.31
21,727.27 595.237
(96,377.24) 2140.45455
3,360.73 92267.6318
9,551.05 1818.18182
257.88 20351.72
1,941.69 11008.5082
2,561.35 3883.10036
170.33
1,978.81
250.73
168.57
78.53
668.98
2,769.17
248.18
312.73
7,759.43
2,491.56 2491.56 -
1,180.39
2,322.27
(14,059.97)
(154,120.99)
8,305.82 2049.54545
7,401.00
9,090.91
-
13,016.91 1045.90909
1,000.00 3095.45455
(2,400.00)
(18,417.81)
(19,663.06)
(15,000.00)
(26,837.29)
(8,727.27)
(4,323.10)
(243.58)
(225,276.09)
(119,095.67)
1,482.58
283.79
874.43
153.85
 671.34
6.05
349.81
477.27
118.09
806.45
362.73
2,055.23
944.55
150.00
287.41
(28,682.79)
(12,907.07)
10,169.50
2,894.15
2,053.33
635.64
86.27
62.58
46.99
96.34
454.55
184.49
181.82
62.09
87.36
489.80
625.46
53.18
1,524.36
341.10
(79.13)
27.27
(5,819.13)
386.36
1.30
38.72
(2,737.09)
1,944.35
(1,603.48)
(704.35)
40.91
88.51
81.31
538.45
(1,462.17)
9.41
136.36
1,286.97
102.61
11.57
57.07
9.09
26.50
182.85
60.96
2.05
272.73
1,970.45
45.45
11.36
2,369.45
13.15
275.91
8.91
759.09
6.04
872.68
68.14
4.09
234.97
22.73
91.14
548.55
1,706.36
497.64
0.36
526.70
4,067.36
400.00
82.97

-
-
(0.02)
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31 December 2014
Inle Ygn Total
Account code
Department
BS / PLParticular

11012 100 BS Cash in Hand 82,313.21 49,128.22 131,441.43

13023 100 BS Agoda 13,608.55 13,608.55
13023 100 BS A/R Guest Ledger -Inle 22,409.73 22,409.73
13023 100 BS Account Receiable -HO 9,955.92 9,955.92 45,974.20
13024 100 BS City Ledger 416,297.89 ### -
13027 100 BS Construction- pool 70,219.32 662.73 70,882.05
13027 100 BS Construction - Lotus Pond - -
13027 100 BS Construction ( Laundry ) 2,924.09 2,924.09
13027 100 BS Construction- New Bar 3,188.73 3,188.73
13027 100 BS Construction: Second Phase 21,727.27 21,727.27
13032 100 BS Current HO Purchasing (96,377.24) 96,175.37 (201.87)
13032 100 BS Current HO Payable (10,335.67) (10,335.67) (10,537.53)
14011 100 BS Inventory-Food(Store) 3,360.73 3,360.73
14012 100 BS Inventory-Beverage(Store) 9,551.05 9,551.05
14013 100 BS Inventory - Cleaning Supplies 257.88 257.88
14013 100 BS Inventory-Cleaning Supplies( Store ) 1,941.69 1,941.69
14014 100 BS Inventory-Guest Supplies ( Store ) 2,561.35 2,561.35
14015 100 BS Inventory - Massage Oil 170.33 170.33
14017 100 BS Inventory-Printing Supplies ( Store 1,978.81 1,978.81
14019 100 BS Inventory-Diesel & Petrol ( Store ) 250.73 250.73
14019 100 BS Inventory - Diesel for Generator 168.57 168.57
14020 100 BS Inventory-Gas 78.53 78.53
14021 100 BS Inventory - H.K'Guest Supplies 668.98 668.98
14023 100 BS Inventory Other Supply Store 2,769.17 2,769.17
14024 100 BS Inventory Mini Bar Beverage 248.18 248.18
14024 100 BS Inventory Mini Bar Food 312.73 312.73
14125 100 BS Operating-Food 7,759.43 7,759.43
14126 100 BS Operating-Beverage 2,491.56 2,491.56 34,569.71
15012 100 BS Prepaid 1,180.39 1,180.39
15115 100 BS Deposit Account ### (135,114.96)
16014 100 BS Staff Advance 2,322.27 1,755.70 4,077.97
16015 100 BS Refund 619.00 619.00
16103 100 BS Supsend (14,059.97) (52,731.76) (66,791.73)
16303 100 BS Current A/C Cash Remittance (154,120.99) 152,216.95 (1,904.04)
16304 100 BS Good in Transit -Cash 1,904.00 1,904.00
17098 100 BS F Asset F&B 8,305.82 8,305.82
17101 100 BS F Asset ( Brick Fance ) 7,401.00 7,401.00
17101 100 BS F Asset Land & Building 9,090.91 9,090.91
17104 100 BS Fix Asset ( HK ) 13,016.91 13,016.91
17104 100 BS Fix Asset - Furniture & Fitting 75.00 75.00
20109 100 BS Swimming Pool Chair Sofa & Sewing 1,000.00 1,000.00
18011 200 BS Account Payable - Lease Rental (2,400.00) (2,400.00)
Account Payable - Rental -Ho (Office) (1,818.18) (1,818.18)
18011 200 BS Account Payable -Services Money (18,417.81) (18,417.81)
18011 200 BS Account Payable -Commerical Tax (19,663.06) (19,663.06)
18011 200 BS Account Payable - Columbus (15,000.00) 265,820.00 250,820.00
18011 200 BS Accrued Payable Hotel (Trade ) (26,837.29) (26,837.29)
 Accrued Payable Hotel (Construction ) (8,727.27) (8,727.27)
19014 200 BS Accrued Electricity (4,323.10) (4,323.10)
21102 200 BS Tip for Staff (243.58) (243.58) 375.38
29999 200 BS Retain Earning (225,276.09) 25,764.73 (199,511.36)
30101 1000 PL Room Revenue (119,095.67) (119,095.67)
50101 1000 PL Salary & Wages ( HK ) 1,482.58 1,482.58
60102 1000 PL Cost Of HK Cleaning Supply 283.79 283.79
60103 1000 PL Cost Of HK Guest Supply 875.73 875.73
60107 1000 PL PS for Room 153.85 153.85
60202 1000 PL HK Laundry 671.34 671.34
60204 1000 PL FO Uniform 6.05 6.05
60301 1000 PL Postage,Telephone,e-mail ( HK ) 349.81 349.81
60303 1000 PL Transportation & Labour ( HK ) 477.27 477.27
60415 1000 PL Pest Control 118.09 118.09
60419 1000 PL Welcome Drink 806.45 806.45
60419 1000 PL Fruit Tray ( HK ) 362.73 362.73
61021 1000 PL Landscaping ( HK ) 2,055.23 2,055.23
62013 1000 PL Operation Utensal 944.55 944.55
62011 1000 PL Room Commission Fee 150.00 150.00
69999 1000 PL Miscellaneous ( FO ) 287.41 287.41
31011 2000 PL Food Revenue (28,682.79) (28,682.79)
32011 2000 PL Beverage Revenue (12,907.07) (12,907.07)
41011 2000 PL Food Cost 10,169.50 10,169.50
42011 2000 PL Beverage Cost 2,894.15 2,894.15
50101 2000 PL Salary & Wages ( F&B ) 2,053.33 2,053.33
60101 2000 PL Chinese Ware 635.64 635.64
60102 2000 PL CS for Restaurant 86.27 86.27
60103 2000 PL GS for Kitchen 62.58 62.58
60107 2000 PL PS for F&B 46.99 46.99
60202 2000 PL F&B Laundry 96.34 96.34
60203 2000 PL Table Cloth&Napkin 454.55 454.55
60204 2000 PL Uniform ( F&B ) 184.49 184.49
60250 2000 PL Flowers & Decoration ( F&B ) 181.82 181.82
60301 2000 PL Postage,Telephone, e-mail 62.09 62.09
60303 2000 PL Transportation Chg ( BKK Goods ) 87.36 87.36
60303 2000 PL Transportation & Labour ( F&B ) 489.80 489.80
60415 2000 PL Cost Of Gas 625.46 625.46
62013 2000 PL Operation Utensal 53.18 53.18
62020 2000 PL New Year 1,524.36 1,524.36
69999 2000 PL Miscellaneous 341.10 341.10
30101 3100 PL Telephone Revenue + Internte Reve (79.13) (79.13)
30101 3100 PL Cost of Call 27.27 27.27
30101 3200 PL Spa Revenue (5,819.13) (5,819.13)
50101 3200 PL Salary & Wages ( Spa ) 386.36 386.36
69999 3200 PL Operation Utensial ( Spa ) 38.72 38.72
30102 3300 PL Other Income Revenue (2,737.09) (2,737.09)
30102 3300 PL Other Expenses 1,944.35 1,944.35
30104 3300 PL Transportation Revenue (1,603.48) (1,603.48)
30106 3300 PL Mini Bar ( Food+ Bev ) Revenue (704.35) (704.35)
30106 3300 PL Transport Expenses ( MOD ) 40.91 40.91
40101 3300 PL Cost Of Minibar ( Food ) 88.51 88.51
40101 3300 PL Cost Of Minibar ( Beverage ) 81.31 81.31
64012 3300 PL Boat 538.45 538.45
30101 3400 PL Laundry Revenue (1,462.17) (1,462.17)
40101 3400 PL Cost of Laundry 9.41 9.41
50101 3400 PL Salary & Wages ( Laundry ) 136.36 136.36
50101 4000 PL Salary & Wages ( Admin ) 1,286.97 2,755.91 4,042.88
50102 4000 PL Staff Related Expense 50.09 50.09
60106 4000 PL Data Processing Expenses ( Admin ) 18.18 18.18
60107 4000 PL Printing & Stationery ( Admin ) 102.61 35.09 137.71
60202 4000 PL A&G Laundry 11.57 11.57
60204 4000 PL A&G Uniform 57.07 57.07
60301 4000 PL Postage,Telephone, e-mail 9.09 30.73 39.82
60301 4000 PL Sky net Fee 26.50 26.50
60303 4000 PL Transportation & Labour ( Admin ) 182.85 340.82 523.67
60305 4000 PL Staff Canteen ( Water ) 60.96 60.96
60403 4000 PL Audit Fees & Expenses 503.64 503.64
60408 4000 PL Bank Charges ( Admin ) 2.05 38.88 40.92
60410 4000 PL Manpower Development ( Admin ) 272.73 272.73
60413 4000 PL Exchange A/C 1,970.45 2,550.00 4,520.45
60414 4000 PL Travelling ( Admin ) 10.00 10.00
60422 4000 PL Present & Donation ( Admin ) 45.45 45.45
63013 4000 PL Medical Expenses ( Admin ) 11.36 11.36
63015 4000 PL Staff Canteen Expenses 2,369.45 2,369.45
69999 4000 PL GS for A&G 13.15 13.15
69999 4000 PL Miscellaneous ( Admin ) 275.91 275.91
40101 5000 PL Phone & Fax - S&M 30.73 30.73
50101 5000 PL Salary & Wages - S & M 222.73 222.73
50102 5000 PL Staff Related Expense 45.45 45.45
60106 5000 PL Data Processing Expenses - S & M 18.18 18.18
60107 5000 PL Printing & Stationery - S&M 26.91 26.91
60301 5000 PL Postage,Telephone, e-mail 8.91 8.91
60303 5000 PL Transportation - S&M 8.18 8.18
60407 5000 PL Advertising 3,480.00 3,480.00
60412 5000 PL Entertainment ( S&M ) 45.09 45.09
50101 6000 PL Salary & Wages ( Eng ) 759.09 759.09
60107 6000 PL PS for M&E 6.04 6.04
60108 6000 PL Engineering Supplies 872.68 872.68
60301 6000 PL Sky net Fee 68.14 68.14
60306 6000 PL Motor Vehicle Expenses 4.09 114.77 118.86
61011 6000 PL Teak Wood purchase 234.97 234.97
61013 6000 PL Maintenance Mechinical 22.73 22.73
61016 6000 PL Maintenance Furniture,Fixture 77.27 77.27
61018 6000 PL Maintenance WaterSupply 91.14 91.14
61019 6000 PL Painting & Renovation 548.55 548.55
61021 6000 PL Landscaping ( Eng ) 1,706.38 1,706.38
61023 6000 PL Light Bulb ( Eng ) 497.64 497.64
69999 6000 PL GS for M&E 0.36 0.36
65012 7000 PL Cost Of Diesel for Generator 526.70 526.70
65013 7000 PL EPC Bill for November'14 4,067.36 4,067.36
70102 8000 PL Lease Rental 400.00 400.00
Rental -Ho (Office) 1,818.18 1,818.18
80105 9000 PL Cost Of Spa 82.97 82.97 ###

0.00 (0.00) (0.00)

1999998
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 December 2014
Amount (USD)
Revenue 199,055
Room Revenue 119,095.67
Mini Bar Revenue 704.35
Food & Beverage 41,589.86
Other Operation Department
Phone 79.13
SPA 5,819.13
Other 2,737.09
Transportation 1,603.48
Laundry 1,462.17
Other -Commerical Tax & Services 25,963.64

Total Revenue 199,055

Cost of Sale
Room Expenses 9,025
Salary & Wages ( HK ) 1,482.58
Cost Of HK Cleaning Supply 283.79
Cost Of HK Guest Supply 875.73
PS for Room 153.85
HK Laundry 671.34
FO Uniform 6.05
Postage,Telephone,e-mail ( HK ) 349.81
Transportation & Labour ( HK ) 477.27
Pest Control 118.09
Welcome Drink 806.45
Fruit Tray ( HK ) 362.73
Landscaping ( HK ) 2,055.23
Operation Utensal 944.55
Room Commission Fee 150.00
Miscellaneous ( FO ) 287.41

Mini Bar Expenses 170

Mini Bar Cost 169.82

Food & Beverage Expenses 20,049

Food Cost 10,169.50
Beverage Cost 2,894.15
Salary & Wages ( F&B ) 2,053.33
Chinese Ware 635.64
CS for Restaurant 86.27
GS for Kitchen 62.58
PS for F&B 46.99
F&B Laundry 96.34
Table Cloth&Napkin 454.55
Uniform ( F&B ) 184.49
Flowers & Decoration ( F&B ) 181.82
Postage,Telephone, e-mail 62.09
 Transportation Chg ( BKK Goods ) 87.36
Transportation & Labour ( F&B ) 489.80
Cost Of Gas 625.46
Operation Utensal 53.18
New Year 1,524.36
Miscellaneous 341.10

Other Operation Department 3,205

Cost of Call 27.27
Salary & Wages ( Spa ) 386.36
Operation Utensial ( Spa ) 38.72
Cost Of Spa 82.97
Other Expenses 1,944.35
Transport Expenses ( MOD ) 579.36
Cost of Laundry 9.41
Salary & Wages ( Laundry ) 136.36

Tax & Services Money 25,964

Commerical Tax 8,654.55
Services Money 17,309.09

Total Cost of Sale 58,412

Gross Operating Profit 140,642

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 3,886
Phone & Fax - S&M 30.73
Salary & Wages - S & M 222.73
Staff Related Expense 45.45
Data Processing Expenses - S & M 18.18
Printing & Stationery - S&M 26.91
Postage,Telephone, e-mail 8.91
Transportation - S&M 8.18
Advertising 3,480.00
Entertainment ( S&M ) 45.09

Maintance Expenses 5,004

Salary & Wages ( Eng ) 759.09
PS for M&E 6.04
Engineering Supplies 872.68
Sky net Fee 68.14
Motor Vehicle Expenses 118.86
Teak Wood purchase 234.97
Maintenance Mechinical 22.73
Maintenance Furniture,Fixture 77.27
Maintenance WaterSupply 91.14
Painting & Renovation 548.55
Landscaping ( Eng ) 1,706.38
Light Bulb ( Eng ) 497.64
GS for M&E 0.36
 Admin & General Expenses 19,844
Salary & Wages ( Admin ) 4,042.88
Staff Related Expense 50.09
Data Processing Expenses ( Admin ) 18.18
Printing & Stationery ( Admin ) 137.71
A&G Laundry 11.57
A&G Uniform 57.07
Postage,Telephone, e-mail 39.82
Sky net Fee 26.50
Transportation & Labour ( Admin ) 523.67
Staff Canteen ( Water ) 60.96
Audit Fees & Expenses 503.64
Bank Charges ( Admin ) 40.92
Manpower Development ( Admin ) 272.73
Exchange A/C 4,520.45
Travelling ( Admin ) 10.00
Present & Donation ( Admin ) 45.45
Medical Expenses ( Admin ) 11.36
Staff Canteen Expenses 2,369.45
GS for A&G 13.15
Miscellaneous ( Admin ) 275.91
Cost Of Diesel for Generator 526.70
EPC Bill for November'14 4,067.36
Rental -HO Office 1,818.18
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 28,734

Net Operating Profit 111,909

 Villa Inle Resort & Spa
Balance Sheet as at December 31, 2014

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401.00
Fix Asset - Furniture & Fitting 75.00
F Asset ( HK ) 13,016.91
F Asset ( F&B ) 8,305.82
F Asset Land & Building 9,090.91
Construction in Progress 99,722.15

FIXED ASSETS AND INTANGIBLES 137,611.78

2.0 CURRENT ASSETS

2.1 Accounts Receivable 45,974.20
2.2 Prepayments 1,180.39
2.3 Advances (Staff) 4,077.97
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 34,569.71
2.7 Cash in Hand 131,441.43
2.8 Cash at Bank -

TOTAL CURRENT ASSETS 217,243.71

TOTAL ASSETS 354,855.49
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (66,791.73)
4.2 Accounts Payable - Trade (26,837.29)
Accounts Payable - Construction (8,727.27)
Accounts Payable - Trade columbus 250,820.00
Accounts Payable - Current Ho (10,537.53)
Accounts Payable - Services Money (18,417.81)
Accounts Payable - Commerical Tax (19,663.06)
Accounts Payable - Land Lease (2,400.00)
Accounts Payable - Ho (Office) (1,818.18)
4.3 Accrued Expenses (4,323.10)
4.4 Provisions
4.5 Deposit Received (135,114.96)
4.6 Other Payable 375.38

TOTAL CURRENT LIABILITIES (43,435.55)

NET ASSETS 311,419.94
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves -
General Reserves -
Opening Retaining Earning 199,511.36
Retained Earnings /(Loss) 111,908.58

SHAREHOLDERS' INTEREST 311,419.94

(0.00)
51,481
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 December 2014
Opening YGN
Account code Department Particular Debit

50101 4000 PL Salary & Wages - Admin

50102 4000 PL Staff Related Exp - Admin

50101 5000 PL Salary & Wages - S & M

50102 5000 PL Staff Related Exp - S&M

614,480.28
Opening YGN YGN (Kyat) YGN EQ (USD) USD
Credit Debit Credit Debit Credit Debit Credit

2,955,000.00 2,686.36 -

46,100.00 41.91 -

390,000.00 354.55 -

40,000.00 36.36 -

614,480.28 23,350,539.00 23,350,539.00 21,227.76 21,227.76 165,771.00 165,771.00

(0.00) - -
 JV -Current (USD) Coso Trail
Debit Credit Debit Credit Check

2,686.36 - 2,686.36

41.91 - 41.91

354.55 - 354.55

36.36 - 36.36

287,244.84 287,244.84 1,088,723.88 1,088,723.88 (0.00)

 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 January 2015

Opening
Account code Department BS / PL Particular Debit Credit
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50102 4000 PL Staff Related Expenses ( Admin )
63015 4000 PL Staff Canteen Expenses ( Admin )
50101 6000 PL Salary & Wages ( Eng )
534,629.38 -
534,629.38
 USD JV Coso
Debit Credit Debit Credit Debit Credit
2850.5736364 0 2,850.57 -
2,546.66 - 2,546.66 -
740.06 - 740.06 -
237.74 - 237.74 -
5,750.99 - 5,750.99 -
322.73 - 128.24 450.97 -
1,304.09 - 411.54 1,715.63 -
1,508.64 - 1,508.64 -

511958.02 1,403,339.95
(1,471.81)
Inle
2,850.57
2,546.66
740.06
237.74
5,750.99
450.97
1,715.63
1,508.64
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31 January 2015

Inle YGN Total

Cash in Hand
11012 100 BS 67326.47 21792.95 89119.42
Agoda
13023 100 BS 22795.40 22795.40

13023 100 BS A/R Guest Ledger -Inle 12959.91 12959.91

AR Collection
13023 100 BS 39532.53 39532.53
City Ledger
13024 100 BS 593702.50 -593702.50 0.00
City Ledger ( Tauck )
13024 100 BS 18965.32 18965.32 94253.16
Construction- pool
13027 100 BS 72224.87 662.73 72887.59

13027 100 BS Construction ( Laundry ) 3015.00 3015.00

Construction- New Bar
13027 100 BS 3257.91 3257.91

13027 100 BS Construction: Second Phase 21727.27 21727.27 100887.78

Current HO Payable
13032 100 BS -7217.44 -7217.44
Current HO Purchasing
13032 100 BS -107766.59 107564.83 -201.76 -7419.20
Inventory-Food(Store)
14011 100 BS 2703.50 2703.50
Inventory-Beverage(Store)
14012 100 BS 7448.80 7448.80
Inventory-Cleaning Supplies ( Store )
14013 100 BS 1191.56 1191.56
Inventory - Cleaning Supplies
14013 100 BS 324.35 324.35
Inventory-Guest Supplies ( Store )
14014 100 BS 2375.58 2375.58
Inventory - Massage Oil
14015 100 BS 190.57 190.57
Inventory - Printing Supplies ( Store )
14017 100 BS 2804.69 2804.69
Inventory-Diesel & Petrol ( Store )
14019 100 BS 338.41 338.41
Inventory Diesel,Petrol ( Generator )
14019 100 BS 162.89 162.89
Inventory - Gas
14020 100 BS 235.62 235.62
Inventory - H.K'Guest Supplies
14021 100 BS 814.44 814.44
Inventory-Other Supply ( Store )
14023 100 BS 2562.41 2562.41
Inventory - Mini Bar ( Beverage )
14024 100 BS 235.88 235.88
Inventory - Mini Bar ( Food )
14024 100 BS 310.51 310.51
Operation - Food
14125 100 BS 4542.73 4542.73
Operation - Beverage ( Bar )
14126 100 BS 3322.22 3322.22 29564.16
Prepaid
15012 100 BS 185.71 185.71
AR Collection - Deposit
15115 100 BS -105892.96 -105892.96
Staff Advance
16014 100 BS 5715.91 1755.70 7471.61
Refund
16015 100 BS 619.00 619.00
Supsend
16103 100 BS -14059.97 -52731.80 -66791.77

16303 100 BS Current A/C - Inlay -154120.99 154120.99 0.00

Good in Transit -Cash
16304 100 BS 7930.00 7930.00
F Asset F&B
17098 100 BS 8305.82 8305.82
F Asset ( Brick Fance )
17101 100 BS 7401.00 7401.00
F Asset Land & Building
17101 100 BS 9090.91 9090.91
 Fix Asset ( HK )
17104 100 BS 13016.91 13016.91
Fix Asset - Furniture & Fitting
17104 100 BS 75.00 75.00
Account Payable - Office Rental (HO)
-3636.36 -3636.36
Account Payable - Lease Rental
18011 200 BS -2800.00 -2800.00
Account Payable -Services Money
18011 200 BS -23085.01 -23085.01
Account Payable -Commerical Tax
18011 200 BS -23364.42 -23364.42
Account Payable - Columbus
18011 200 BS -15000.00 380226.00 365226.00
Accrued Payable Hotel (Trade )
18011 200 BS -28426.58 -28426.58 -35845.78
Accrued Payable Hotel (construction )
-8727.27 -8727.27
Accrued Electricity
19014 200 BS -4833.10 -4833.10
Tip for Staff
21102 200 BS -249.58 -249.58
Retain Earning
29999 200 BS -347587.32 36167.38 (311,419.94)

146500.30

Room Revenue
30101 1000 PL -150448.97 -150448.97
Room Revenue
30101 1000 PL -335.17 -335.17
Salary & Wages ( HK )
50101 1000 PL 2850.57 2850.57
Cleaning Supplies
60102 1000 PL 428.95 428.95
Guest Supplies
60103 1000 PL 1253.17 1253.17
Printing Supplies
60107 1000 PL 230.43 230.43
Laundry
60202 1000 PL 616.13 616.13
Linen ( HK )
60203 1000 PL 1000.00 1000.00
Uniform
60204 1000 PL 6.05 6.05
Postage,Telephone,e-mail ( HK )
60301 1000 PL 226.69 226.69
Transportation & Labour ( HK )
60303 1000 PL 280.55 280.55
Pest Control ( HK )
60415 1000 PL 56.04 56.04
Complimentory Food & Beverage
60419 1000 PL 637.35 637.35
Landscaping ( HK )
61021 1000 PL 819.32 819.32
Room Commission
61011 1000 PL 75.00 75.00
Miscellaneous
69999 1000 PL 50.09 50.09
Food Revenue
31011 2000 PL -33337.66 -33337.66
Beverage Revenue
32011 2000 PL -15897.86 -15897.86
Food Cost
41011 2000 PL 14212.44 14212.44
Beverage Cost
42011 2000 PL 3660.31 3660.31
Salary & Wages ( F&B )
50101 2000 PL 2546.66 2546.66
Chinese Ware
60101 2000 PL 787.00 787.00
Cleaning Supply
60102 2000 PL 43.18 43.18
Guest Supply
60103 2000 PL 69.92 69.92
Printing Supplies
60107 2000 PL 34.50 34.50
Laundry
60202 2000 PL 105.75 105.75
Linen
60203 2000 PL 454.55 454.55
 Uniform
60204 2000 PL 52.67 52.67
Postage,Telephone, e-mail
60301 2000 PL 55.82 55.82
Transportation & Labour
60303 2000 PL 304.18 304.18
Utential GAS Cost
60415 2000 PL 1021.09 1021.09
Spoilage
62015 2000 PL 60.80 60.80
Music & Royalities ( F&B )
62016 2000 PL 395.45 395.45
Miscellaneous
69999 2000 PL 449.58 449.58
Revenue Phone Call
30101 3100 PL -94.78 -94.78
Revenue - SPA
30101 3200 PL -6880.87 -6880.87
Salary & Wages ( Spa )
50101 3200 PL 740.06 740.06
Miscelleneous
69999 3200 PL 50.47 50.47
Revenue - Others
30102 3300 PL -6835.87 -6835.87
Transportation Revenue
30104 3300 PL -586.96 -586.96
Mini Bar Food Revenue
30106 3300 PL -438.26 -438.26
Mini Bar Beverage Revenue
30106 3300 PL -420.00 -420.00
Cost Of Minibar ( Food )
40101 3300 PL 138.48 138.48
Cost Of Minibar ( Beverage )
40101 3300 PL 96.38 96.38
Transportation Expense
64014 3300 PL 154.73 154.73
Other Expenses
64015 3300 PL 924.77 924.77
Revenue - Laundry
30101 3400 PL -1745.66 -1745.66
Cost of Laundry
40101 3400 PL 11.23 11.23
Salary & Wages ( Ldy )
50101 3400 PL 237.74 237.74
Salary & Wages ( Admin )
50101 4000 PL 5750.99 5750.99
Salary & Wages - Admin
50101 4000 PL 2686.36 2686.36
Staff Related Expenses ( Admin )
50102 4000 PL 450.97 450.97
Staff Related Exp - Admin
50102 4000 PL 41.91 41.91
Data Processing - Admin
60106 4000 PL 9.09 9.09
Printing Supplies
60107 4000 PL 115.02 115.02
Printing and Stationary - Admin
60107 4000 PL 25.64 25.64
Laundry
60202 4000 PL 12.15 12.15
Uniform
60204 4000 PL 5.80 5.80

60204 4000 PL Uniform Expenses - Admin 51.36 51.36

Postage,Telephone, e-mail
60301 4000 PL 9.09 9.09
Postage,Telephone, e-mail
60301 4000 PL 18.82 18.82
Phone & Fax - Admin
60301 4000 PL 31.18 31.18
Transportation & Labour ( Admin )
60303 4000 PL 56.08 56.08
Carriage Chgs: (Freight chgs)
60303 4000 PL 35.00 35.00
Transportation - Admin
60303 4000 PL 195.18 195.18
Drinking Water
60305 4000 PL 35.49 35.49
Audit Fees & Expenses
60403 4000 PL 730.91 730.91
Bank Charges ( Admin )
60408 4000 PL 1.82 1.82
 Bank Services Expenses
60408 4000 PL 10.00 10.00
60413 4000 PL Exchange A/C 3470.23 3470.23
60413 4000 PL Exchange Money 735.45 735.45
60414 4000 PL Travelling ( Admin ) 40.00 40.00
60422 4000 PL Present & Donation ( Admin ) 786.36 786.36
63013 4000 PL Medical Expenses ( Admin ) 10.18 10.18
63015 4000 PL Staff Canteen Expenses ( Admin ) 1715.63 1715.63
69999 4000 PL Miscellaneous Exp: Admin 9.93 9.93
50101 5000 PL Salary & Wages - S & M 354.55 354.55
50102 5000 PL Staff Related Exp - S&M 36.36 36.36
60106 5000 PL Data Processing - S&M 9.09 9.09
60107 5000 PL Stationery 244.09 244.09
60107 5000 PL Printing & Stationery - S&M 25.64 25.64
60204 5000 PL Uniform Expenses - S & M 50.00 50.00
60301 5000 PL Postage,Telephone, e-mail 8.91 8.91
60301 5000 PL Phone & Fax - S&M 40.09 40.09
60303 5000 PL Transportation - S&M 6.36 6.36
60407 5000 PL Advertising Exp: S & M (NPT) 1803.18 3227.64 5030.82
60414 5000 PL Travelling ( SM ) 668.04 668.04
69999 5000 PL Miscellaneous Exp: S & M 8.63 7.66 16.29
5000 PL Entertainment 21.82 21.82
50101 6000 PL Salary & Wages ( Eng ) 1508.64 1508.64
60108 6000 PL Engineering Supplies 1039.94 1039.94
60108 6000 PL Maintenance - Computer 40.91 40.91
60301 6000 PL Postage,Telephone, e-mail 142.27 142.27
60306 6000 PL Motor Vehicle Expenses 234.00 82.73 316.73
61011 6000 PL Maintenance Building 280.00 280.00
61015 6000 PL Maintenance Air Condition 61.09 61.09
61016 6000 PL Maintenance Furniture,Fixture 85.36 85.36
61018 6000 PL Maintenance WaterSupply 3.64 3.64
61019 6000 PL Painting & Renovation 25.45 654.55 680.00
61021 6000 PL Landscaping ( Eng ) 523.64 523.64
69999 6000 PL Miscellaneous 0.36 0.36
65012 7000 PL Utential Diesel 145.32 145.32
65013 7000 PL Electricity Chgs 4577.36 4577.36
70102 8000 PL Lease Rental 400.00 400.00
Rental -HO (Office) 1818.18 1818.18
80105 9000 PL Reallocation - SPA 207.53 207.53 -146500.29

0.009130011 -0.00281455 0.0063154659

 21792.95

39532.53

593702.50

662.73

7217.44

107564.83

105892.96

1755.70

619.00

52731.72

154120.99

7930.00
 75.00

380226.00

45264.89

0.01 759544.62 759544.62

0.00
 Villa Inle Resort & Spa
Balance Sheet as at January 31, 2015

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 75
F Asset ( HK ) 13,017
F Asset ( F&B ) 8,306
F Asset Land & Building 9,091
Construction in Progress 100,888

FIXED ASSETS AND INTANGIBLES 138,777

2.0 CURRENT ASSETS

2.1 Accounts Receivable 94,253
2.2 Prepayments 186
2.3 Advances (Staff) 7,472
2.4 Current Account ( HO )
2.5 Other Receivable 7,930
2.6 Inventories at Cost 29,564
2.7 Cash in Hand 89,119
2.8 Cash at Bank -

TOTAL CURRENT ASSETS 228,524

TOTAL ASSETS 367,301
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (66,792)
4.2 Accounts Payable - Trade (35,846)
Accounts Payable - Construction (8,727)
Accounts Payable - Trade columbus 365,226
Accounts Payable - Current Ho -
Accounts Payable - Services Money (23,085)
Accounts Payable - Commerical Tax (23,364)
Accounts Payable - Land Lease (2,800)
Accounts Payable - Rental (Office) (3,636)
4.3 Accrued Expenses (4,833)
4.4 Provisions -
4.5 Deposit Received (105,893)
4.6 Other Payable 369

TOTAL CURRENT LIABILITIES 90,619

NET ASSETS 457,920
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves -
General Reserves -
Opening Retaining Earning 311,420
Retained Earnings /(Loss) 146,500

SHAREHOLDERS' INTEREST 457,920

0.01
86,073
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 January 2015
Amount (USD)
Revenue 249,575
Room Revenue 150,784.14
Mini Bar Revenue 858.26
Food & Beverage 49,235.52
Other Operation Department -
Phone 94.78
SPA 6,880.87
Other 6,835.87
Transportation 586.96
Laundry 1,745.66
Other -commerical & Service 32,553.31

Total Revenue 249,575

Cost of Sale
Room Expenses 8,530
Salary & Wages ( HK ) 2,850.57
Cleaning Supplies 428.95
Guest Supplies 1,253.17
Printing Supplies 230.43
Laundry 616.13
Linen ( HK ) 1,000.00
Uniform 6.05
Postage,Telephone,e-mail ( HK ) 226.69
Transportation & Labour ( HK ) 280.55
Pest Control ( HK ) 56.04
Complimentory Food & Beverage 637.35
Landscaping ( HK ) 819.32
Room Commission 75.00
Miscellaneous 50.09

Mini Bar Expenses 235

Mini Bar Cost 234.86

Food & Beverage Expenses 24,254

Food Cost 14,212.44
Beverage Cost 3,660.31
Salary & Wages ( F&B ) 2,546.66
Chinese Ware 787.00
Cleaning Supply 43.18
Guest Supply 69.92
Printing Supplies 34.50
Laundry 105.75
Linen 454.55
Uniform 52.67
Postage,Telephone, e-mail 55.82
Transportation & Labour 304.18
Utential GAS Cost 1,021.09
 Spoilage 60.80
Music & Royalities ( F&B ) 395.45
Miscellaneous 449.58

Other Operation Department 2,327

Salary & Wages ( Spa ) 740.06
Reallocation - SPA 207.53
Miscelleneous 50.47
Transportation Expense 154.73
Other Expenses 924.77
Cost of Laundry 11.23
Salary & Wages ( Ldy ) 237.74

Tax & Services Money 32,553

Commerical Tax 10,851.10
Services Money 21,702.21

Total Cost of Sale 67,899

Gross Operating Profit 181,676

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 6,512
Salary & Wages - S & M 354.55
Staff Related Exp - S&M 36.36
Data Processing - S&M 9.09
Stationery 244.09
Printing & Stationery - S&M 25.64
Uniform Expenses - S & M 50.00
Postage,Telephone, e-mail 8.91
Phone & Fax - S&M 40.09
Transportation - S&M 6.36
Advertising Exp: S & M (NPT) 5,030.82
Travelling ( SM ) 668.04
Miscellaneous Exp: S & M 16.29
Entertainment 21.82

Maintance Expenses 4,683

Salary & Wages ( Eng ) 1,508.64
Engineering Supplies 1,039.94
Maintenance - Computer 40.91
Postage,Telephone, e-mail 142.27
Motor Vehicle Expenses 316.73
Maintenance Building 280.00
Maintenance Air Condition 61.09
Maintenance Furniture,Fixture 85.36
Maintenance WaterSupply 3.64
Painting & Renovation 680.00
Landscaping ( Eng ) 523.64
 Miscellaneous 0.36

Admin & General Expenses 23,982

Salary & Wages ( Admin ) 5,750.99
Salary & Wages - Admin 2,686.36
Staff Related Expenses ( Admin ) 450.97
Staff Related Exp - Admin 41.91
Data Processing - Admin 9.09
Printing Supplies 115.02
Printing and Stationary - Admin 25.64
Laundry 12.15
Uniform 5.80
Uniform Expenses - Admin 51.36
Postage,Telephone, e-mail 9.09
Postage,Telephone, e-mail 18.82
Phone & Fax - Admin 31.18
Transportation & Labour ( Admin ) 56.08
Carriage Chgs: (Freight chgs) 35.00
Transportation - Admin 195.18
Drinking Water 35.49
Audit Fees & Expenses 730.91
Bank Charges ( Admin ) 1.82
Bank Services Expenses 10.00
Exchange A/C 3,470.23
Exchange Money 735.45
Travelling ( Admin ) 40.00
Present & Donation ( Admin ) 786.36
Medical Expenses ( Admin ) 10.18
Staff Canteen Expenses ( Admin ) 1,715.63
Miscellaneous Exp: Admin 9.93
Utential Diesel 145.32
Electricity Chgs 4,577.36
Rental -HO Office 1,818.18
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 35,176

Net Operating Profit 146,500

 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 28 February ' 15
Opening YGN
Account code Department Particular Debit
50101 5000 PL Salary & Wages - S & M
50101 4000 PL Salary & Wages - Admin
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M

759,544.62
-
Opening YGN YGN (Kyat) YGN EQ (USD) USD
Credit Debit Credit Debit Credit Debit Credit
440,000.00 400.00 -
3,455,000.00 3,140.91 -
46,000.00 41.82 -
46,000.00 41.82 -

759,544.62 18,978,639.00 18,978,639.00 17,253.31 17,253.31 179,751.00 179,751.00

(0.00) - -
 JV -Current (USD) Coso Trail
Debit Credit Debit Credit Check
400.00 - 400.00
3,140.91 - 3,140.91
41.82 - 41.82 37000
41.82 - 41.82 37000

287,241.41 287,241.41 1,243,790.34 1,243,790.34 (0.00)

 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 28 February 2015

Opening
Account code Department BS / PL Particular Debit Credit
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
63015 4000 PL Staff Canteen Expenses
50101 6000 PL Salary & Wages ( Eng )

889,255.08 889,255.08
(0.00)
 USD JV Coso
Debit Credit Debit Credit Debit Credit
2,001.03 - 2,001.03 -
2,336.36 - 2,336.36 -
404.55 - 404.55 -
168.18 - 168.18 -
1,515.60 - 1,515.60 -
1,019.77 181.80 329.19 1,348.96 181.80
874.34 - 874.34 -

244,227.24 244,227.24 494,763.87 494,763.88 1,628,246.19 1,628,246.20

- (0.00) (0.01)
Inle
2,001.03
2,336.36
404.55
168.18
1,515.60
1,167.16
874.34

(0.01)
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 28 February 2015

Inle YGN Total

100 BS Cash in Hand
11012 141721.86 35646.59 177368.45
13023 100 BS Agoda
4508.03 4508.03
13023 100 BS
A/R Guest Ledger -Inle 11919.77 11919.77
13023 100 BS AR Collection
21135.13 21135.13
13024 100 BS City Ledger
773868.10 -773868.10 0.00
13024 100 BS City Ledger ( Tauck )
9783.86 9783.86 47346.79
100 BS Construction- pool
13027 71224.87 662.73 71887.59
100 BS
13027 Construction ( Laundry ) 3015.00 3015.00
100 BS Construction- New Bar
13027 3257.91 3257.91
100 BS
13027 Construction: Second Phase 21727.27 21727.27 99887.78
100 BS Current HO Purchasing
13032 -122804.81 122603.05 -201.76
13032 100 BS Current HO Payable
-10141.02 -10141.02 -10342.78
14011 100 BS Inventory-Food(Store)
3578.92 3578.92
14012 100 BS Inventory-Beverage(Store)
6393.37 6393.37
14013 100 BS Inventory Cleaning Supply Store
1237.87 1237.87
14013 100 BS Inventory - Cleaning Supplies
452.54 452.54
14014 100 BS Inventory-Guest Supplies ( Store )
2022.88 2022.88
14015 100 BS Inventory - Massage Oil
179.79 179.79
14017 100 BS Inventory - Printing Supplies ( Store )
2434.06 2434.06
14019 100 BS Inventory-Diesel & Petrol ( Store )
273.32 273.32
14019 100 BS Inventory Diesel,Petrol ( Generator )
261.80 261.80
14020 100 BS
Inventory-Gas 431.98 431.98
14021 100 BS Inventory - H.K'Guest Supplies
820.45 820.45
14023 100 BS Inventory Other Supply Store
2658.81 2658.81
14024 100 BS Inventory - Mini Bar ( Beverage )
248.60 248.60
14024 100 BS Inventory - Mini Bar ( Food )
358.33 358.33
14125 100 BS Operation - Food
5512.16 5512.16
14126 100 BS Operation - Beverage ( Bar )
2433.73 2433.73 29298.62
100 BS Prepaid
15012 0.00 0.00
15115 100 BS AR Collection - Deposit
-68454.96 -68454.96
100 BS Staff Advance
16014 2140.45 1755.70 3896.15 2554.545455
16015 100 BS Refund
857.00 857.00
16103 100 BS Supsend
-14868.94 -52731.72 -67600.66
100 BS Current A/C Cash Remittance
16303 -189117.99 189117.99 0.00
16304 100 BS Good in Transit -Cash
-7930.00 7930.00 0.00
100 BS F Asset F&B
17098 8305.82 8305.82
100 BS F Asset ( Brick Fance )
17101 7401.00 7401.00
17101 100 BS F Asset Land & Building
9090.91 9090.91
17104 100 BS Fix Asset ( HK )
13016.91 13016.91
17104 100 BS Fix Asset - Furniture & Fitting
75.00 75.00
20109 100 BS Swimming Pool Chair Sofa & Sewing Chg:
1000.00 1000.00
19104 200 BS Account Payable - HO (Office Rental)
-5000.00 -5000.00
200 BS Account Payable - Lease Rental
18011 -3200.00 -3200.00
200 BS Account Payable -Services Money
18011 -23261.76 -23261.76
200 BS Account Payable -Commerical Tax
18011 -26792.16 -26792.16
200 BS Account Payable - Columbus
18011 -15000.00 474658.00 459658.00
200 BS Accrued Payable Hotel (Trade )
18011 -24933.00 -24933.00 4910.724545
Accrued Payable Hotel (Construction)
-8727.27 -8727.27
19014 200 BS Accrued Electricity
-4463.10 -4463.10
21102 200 BS Tip for Staff
-258.58 -258.58
29999 200 BS Retain Earning
-503185.20 45264.89 -457920.31 156247.85

0.00

0.00
30101 1000 PL Room Revenue -149115.82 -149115.82
30101 1000 PL Room Revenue -154.70 -154.70

50101 1000 PL Salary & Wages ( HK ) 2001.03 2001.03

60102 1000 PL Cleaning Supplies 479.55 479.55
60103 1000 PL Guest Supplies 1070.61 1070.61
60107 1000 PL Printing Supplies 235.15 235.15
60202 1000 PL Laundry 685.72 685.72
60204 1000 PL Uniform 6.05 6.05
60301 1000 PL Postage,Telephone,e-mail ( HK ) 217.49 217.49
60303 1000 PL Transportation & Labour ( HK ) 233.64 233.64
60415 1000 PL Pest Control 17.30 17.30
60419 1000 PL Complimentory Food & Beverage 946.80 946.80
61021 1000 PL Landscaping ( HK ) 40.63 40.63
62011 1000 PL Room Commission 191.48 191.48
62011 1000 PL Reseration Expenses 75.00 75.00
69999 1000 PL Miscelleneous 226.08 226.08
31011 2000 PL Food Revenue -33955.93 -33955.93
32011 2000 PL Beverage Revenue -14378.55 -14378.55
41011 2000 PL Food Cost 11026.87 11026.87
42011 2000 PL Beverage Cost 4310.67 4310.67

50101 2000 PL Salary & Wages ( F&B ) 2336.36 2336.36

60102 2000 PL Cleaning Supply 64.87 64.87
60103 2000 PL Guest Supply 57.26 57.26
60107 2000 PL Printing Supplies 63.01 63.01
60202 2000 PL Laundry 98.11 98.11
60203 2000 PL Linen 454.55 454.55
60204 2000 PL Uniform 52.67 52.67
60301 2000 PL Postage,Telephone, e-mail 37.64 37.64
60303 2000 PL Transportation & Labour ( F&B ) 245.30 245.30
60415 2000 PL Utential GAS Cost 274.91 274.91
62016 2000 PL Music & Royalities ( F&B ) 168.18 168.18
69999 2000 PL Miscelleneous 396.08 396.08
30101 3100 PL Revenue Phone Call -24.35 -24.35
60102 3100 PL Cost of Call ( MOD ) 18.91 18.91
30101 3200 PL Revenue - SPA -5777.39 -5777.39

50101 3200 PL Salary & Wages ( Spa ) 404.55 404.55

63013 3200 PL Miscellaneous ( Spa ) 46.10 46.10
30102 3300 PL Revenue - Others -4835.55 -4835.55
30102 3300 PL Cost of MOD ( Other Expense ) 1705.89 1705.89
30104 3300 PL Transportation Revenue -1442.17 -1442.17
30106 3300 PL Revenue - Mini Bar -219.13 -219.13
30106 3300 PL Revenue - Mini Bar -532.17 -532.17
40101 3300 PL Cost Of Minibar ( Food ) 67.68 67.68
40101 3300 PL Cost Of Minibar ( Beverage ) 114.81 114.81
64012 3300 PL Transport Expenses ( MOD ) 634.51 634.51
30101 3400 PL Revenue - Laundry -1701.74 -1701.74
40101 3400 PL Cost of Laundry 10.75 10.75

50101 3400 PL Salary & Wages ( Ldy ) 168.18 168.18

50101 4000 PL Salary & Wages ( Admin ) 1515.60 3140.91 4656.51

50102 4000 PL Staff Activity ( Admin ) 95.45 41.82 137.27
50102 4000 PL Staff Related Expense 219.60 219.60
60107 4000 PL Printing Supplies 106.31 106.31
60202 4000 PL Laundry 12.73 12.73
60204 4000 PL Uniform 5.80 5.80
60301 4000 PL Postage,Telephone, e-mail 26.73 26.73
60301 4000 PL Postage,Telephone, e-mail 18.82 29.05 47.87
60303 4000 PL Transportation & Labour ( Admin ) 134.55 225.00 359.55
60305 4000 PL Drinking Water 32.27 32.27

60403 4000 PL Audit Fees & Expenses 365.45 365.45

60408 4000 PL Bank Charges (Admin ) 1.05 20.91 21.96
60410 4000 PL Man Power Deplovement 700.00 700.00

60413 4000 PL Exchange A/C 2538.06 913.64 3451.70

60422 4000 PL Present & Donation ( Admin ) 272.73 272.73
63013 4000 PL Medical Expenses ( Admin ) 257.56 257.56
63015 4000 PL Staff Canteen Expenses 1167.16 1167.16

69999 4000 PL Miscellaneous Exp: Admin 1.82 8.09 9.91

50101 5000 PL Salary & Wages - S & M 400.00 400.00

50102 5000 PL Staff Related Exp - S&M 41.82 41.82

60301 5000 PL Postage,Telephone, e-mail 54.55 54.55
60301 5000 PL Phone & Fax - S&M 29.05 29.05
60303 5000 PL Transportation - S&M 182.27 182.27
60303 5000 PL Air Ticket Expenses 51.82 51.82
60404 5000 PL Travelling ( S&M ) 1291.69 1291.69

60407 5000 PL Advertising ( S&M ) 2606.82 2606.82

69999 5000 PL Miscellaneous Exp: S & M 8.09 8.09

50101 6000 PL Salary & Wages ( Eng ) 874.34 874.34

60107 6000 PL Printing Supplies 3.66 3.66
60108 6000 PL Engineering Supplies 1687.52 31.82 1719.34
60301 6000 PL Postage,Telephone, e-mail 142.27 142.27
60306 6000 PL Motor Vehicle Expenses 102.73 102.73
61016 6000 PL Maintenance Furniture,Fixture 690.91 690.91
61018 6000 PL Water Supply 153.18 153.18
61021 6000 PL Landscaping ( Eng ) 275.45 275.45
61022 6000 PL Pool 95.45 95.45
65012 7000 PL Utential Diesel 29.09 29.09
65013 7000 PL Electricity Chgs 4207.36 4207.36
70102 8000 PL Lease Rental 400.00 400.00
Office Rental 1,363.64 1363.64

80105 9000 PL Reallocation - SPA 130.62 130.62 -156247.85

0.00 0.00
-156247.85
-0.0059927222 0.008185455 -156247.8487
35662.95 -16.36

9168.50 -19511.28

-414.09
-20022.27
33.64

33.64
0.00
 Villa Inle Resort & Spa
Balance Sheet as at February 28 , 2015

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 75
F Asset ( HK ) 13,017
F Asset ( F&B ) 8,306
F Asset Land & Building 9,091
Construction in Progress 100,888

FIXED ASSETS AND INTANGIBLES 138,777

2.0 CURRENT ASSETS

2.1 Accounts Receivable 47,347
2.2 Prepayments 0
2.3 Advances (Staff) 3,896
2.4 Current Account ( HO ) -
2.5 Other Receivable -
2.6 Inventories at Cost 29,299
2.7 Cash in Hand 177,368
2.8 Cash at Bank -

TOTAL CURRENT ASSETS 257,910

TOTAL ASSETS 396,687
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (35,276)
Accounts Payable - Construction (8,727)
Accounts Payable - Trade columbus 459,658
Accounts Payable - Current Ho -
Accounts Payable - Services Money (23,262)
Accounts Payable - Commerical Tax (26,792)
Accounts Payable - Land Lease (3,200)
Accounts Payable -HO (Office) (5,000)
4.3 Accrued Expenses (4,463)
4.4 Provisions
4.5 Deposit Received (68,455)
4.6 Other Payable 598

TOTAL CURRENT LIABILITIES 217,481

NET ASSETS 614,168
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves -
General Reserves -
Opening Retaining Earning 457,920
Retained Earnings /(Loss) 156,248
SHAREHOLDERS' INTEREST 614,168.08

0.08
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 28 February 2015
Amount (USD)
Revenue 243,958
Room Revenue 149,270.52
Mini Bar Revenue 751.30
Food & Beverage 48,334.48
Other Operation Department
Phone 24.35
SPA 5,777.39
Other 4,835.55
Transportation 1,442.17
Laundry 1,701.74
Other -Commerical & Services Money 31820.62

Total Revenue 243,958

Cost of Sale
Room Expenses 6,427
Salary & Wages ( HK ) 2,001.03
Cleaning Supplies 479.55
Guest Supplies 1,070.61
Printing Supplies 235.15
Laundry 685.72
Uniform 6.05
Postage,Telephone,e-mail ( HK ) 217.49
Transportation & Labour ( HK ) 233.64
Pest Control 17.30
Complimentory Food & Beverage 946.80
Landscaping ( HK ) 40.63
Room Commission 191.48
Reseration Expenses 75.00
Miscelleneous 226.08

Mini Bar Expenses 182

Mini Bar Cost 182.49

Food & Beverage Expenses 19,586

Food Cost 11,026.87
Beverage Cost 4,310.67
Salary & Wages ( F&B ) 2,336.36
Cleaning Supply 64.87
Guest Supply 57.26
Printing Supplies 63.01
Laundry 98.11
Linen 454.55
Uniform 52.67
Postage,Telephone, e-mail 37.64
 Transportation & Labour ( F&B ) 245.30
Utential GAS Cost 274.91
Music & Royalities ( F&B ) 168.18
Miscelleneous 396.08

Other Operation Department 3,120

Cost of Call ( MOD ) 18.91
Salary & Wages ( Spa ) 404.55
Miscellaneous ( Spa ) 46.10
Reallocation - SPA 130.62
Cost of MOD ( Other Expense ) 1,705.89
Transport Expenses ( MOD ) 634.51
Cost of Laundry 10.75
Salary & Wages ( Ldy ) 168.18

Tax & Services Money 31,821

Commerical Tax 10,606.87
Services Money 21,213.75

Total Cost of Sale 61,136

Gross Operating Profit 182,822

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 4,666
Salary & Wages - S & M 400.00
Staff Related Exp - S&M 41.82
Postage,Telephone, e-mail 54.55
Phone & Fax - S&M 29.05
Transportation - S&M 182.27
Air Ticket Expenses 51.82
Travelling ( S&M ) 1,291.69
Advertising ( S&M ) 2,606.82
Miscellaneous Exp: S & M 8.09

Maintance Expenses 4,057

Salary & Wages ( Eng ) 874.34
Printing Supplies 3.66
Engineering Supplies 1,719.34
Postage,Telephone, e-mail 142.27
Motor Vehicle Expenses 102.73
Maintenance Furniture,Fixture 690.91
Water Supply 153.18
Landscaping ( Eng ) 275.45
Pool 95.45

Admin & General Expenses 17,851

Salary & Wages ( Admin ) 4,656.51
Staff Activity ( Admin ) 137.27
 Staff Related Expense 219.60
Printing Supplies 106.31
Laundry 12.73
Uniform 5.80
Postage,Telephone, e-mail 26.73
Postage,Telephone, e-mail 47.87
Transportation & Labour ( Admin ) 359.55
Drinking Water 32.27
Audit Fees & Expenses 365.45
Bank Charges (Admin ) 21.96
Man Power Deplovement 700.00
Exchange A/C 3,451.70
Present & Donation ( Admin ) 272.73
Medical Expenses ( Admin ) 257.56
Staff Canteen Expenses 1,167.16
Miscellaneous Exp: Admin 9.91
Utential Diesel 29.09
Electricity Chgs 4,207.36
Lease Rental 400.00
Rental -Office 1,363.64

Total -Sale & Marketing , M&E and Admin & General Expenses 26,575

Net Operating Profit 156,248

 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 March ' 15

Account code Department Particular

50101 4000 PL Salary & Wages - Admin
50102 4000 PL Staff Related Exp - Admin
50101 5000 PL Salary & Wages - S & M
50102 5000 PL Staff Related Exp - S&M
 Opening YGN YGN (Kyat) YGN EQ (USD) USD
Debit Credit Debit Credit Debit Credit Debit
3,455,000.00 3,140.91 -

59,400.00 54.00 -

440,000.00 400.00 -

44,000.00 40.00 -
USD JV -Current (USD) Coso Trail
Credit Debit Credit Debit Credit Check
3,140.91 - 3,140.91

54.00 - 54.00

400.00 - 400.00

40.00 - 40.00
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 March ' 15
Opening YGN
Account code Department Particular Debit
11012 100 BS Cash in Hand 35,646.59
13023 100 BS AR Collection 21135.13
13024 100 BS City Ledger
13027 100 BS Construction ( Brick ) Swimming Pool (Fix asset ) 662.73
13032 100 BS Current HO Payable
13032 100 BS Current HO Purchasing 122603.05
13032 100 BS Account Payable
15115 100 BS AR Collection - Deposit
16014 100 BS Staff Advance 1755.7
16015 100 BS Refund 857
16103 100 BS Supsend
16303 100 BS Current A/C - Inlay 197047.99
16304 100 BS Good in Transit -Cash
17104 100 BS Fix Asset - Furniture & Fitting 75
18011 200 BS Remit - U Min Din ( YGN ) 380226
29999 200 BS Retain Earning 145186.62

905,195.80
Opening YGN YGN (Kyat) YGN EQ (USD) USD
Credit Debit Credit Debit Credit Debit Credit
11,008,049.00 4,099,239.00 10,007.32 3,726.58 60,302.00 31,920.00
- - 54,237.00
773868.1 - -
- -
10141.0236364 5,551,490.00 5,046.81 - 4,121.00
4,762,550.00 4,329.59 - 340.00
- - - - -
68454.96 - - 35,089.00
- -
- - 334.00
52731.72 - -
- - 23,253.00
- -
- -
- - 11,892.00
- -

905,195.80 21,322,089.00 4,099,239.00 19,383.72 3,726.58 100,242.00 121,246.00

0.00
 JV -Current (USD) Coso Trail
Debit Credit Debit Credit Check
105,955.90 35,646.58 70,309.32 70,309.32
121,604.40 64,092.00 142,739.53 118,329.00 24,410.53 24,410.53
121,604.40 - 895,472.50 (895,472.50) 895,472.50
662.73 - 662.73 662.73
3,316.24 9,167.81 13,457.26 (4,289.45) 4,289.45
3,316.24 130,588.88 - 130,588.88 130,588.88
- - - - -
64,092.00 64,092.00 103,543.96 (39,451.96) 39,451.96
1,755.70 - 1,755.70 1,755.70
1,191.00 - 1,191.00 1,191.00
- 52,731.72 (52,731.72) 52,731.72
220,300.99 - 220,300.99 220,300.99
- - - -
75.00 - 75.00 75.00
392,118.00 - 392,118.00 392,118.00
145,186.62 - 145,186.62 150,533.48
991,945.63 991,945.63

(0.00)

189,012.64 189,012.64 ### 1,219,181.02 (5,346.86)

1,755.70
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 March 2015

Opening
Account code Department BS / PL Particular Debit Credit
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
63015 4000 PL Staff Canteen Expenses
50101 6000 PL Salary & Wages ( Eng )

1,111,428.28 1,111,428.28
0.00
 USD JV Coso
Debit Credit Debit Credit Debit Credit Inle
1,674.03 - 1,674.03 - 1,674.03
2,241.72 - 2,241.72 - 2,241.72
404.55 - 404.55 - 404.55
168.18 - 168.18 - 168.18
1,530.71 - 1,530.71 - 1,530.71
1538.75 526.33 - 2,065.08 - 2,065.08
867.21 - 867.21 - 867.21

270,160.83 270,160.83 366,143.19 366,143.19 1,747,732.29 1,747,732.29 0.00

0.00 0.00 0.00
1454.54545454545
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31 March 2015

Inle YGN Total

11012 100 BS Cash in Hand 156331.94 70309.32 226641.27

13023 100 BS Agoda 6310.55 6310.55

13023 100 BS A/R Guest Ledger -Inle 8190.56 8190.56

13023 100 BS AR Collection 24410.53 24410.53

13024 100 BS City Ledger ( Tauck ) 6188.48 6188.48

13024 100 BS City Ledger ( HO ) 895472.50 -895472.50 0.00

45100.12
13027 100 BS Construction- pool 71224.87 662.73 71887.59

13027 100 BS Construction ( Laundry ) 3015.00 3015.00

13027 100 BS Construction- New Bar 3257.91 3257.91

13027 100 BS Construction: Second Phase 21727.27 21727.27

99887.78
13032 100 BS Current HO Purchasing -130790.64 130588.88 -201.76

13032 100 BS Current HO Payable -4289.45 -4289.45

-4491.21
14011 100 BS Inventory-Food(Store) 3173.06 3173.06

14012 100 BS Inventory-Beverage(Store) 6354.31 6354.31

14013 100 BS Inventory Cleaning Supply Store 509.61 509.61

14013 100 BS Inventory - Cleaning Supplies 341.38 341.38

14014 100 BS Inventory-Guest Supplies ( Store ) 1961.77 1961.77

14015 100 BS Inventory - Massage Oil 118.16 118.16

14017 100 BS Inventory - Printing Supplies ( Store ) 2456.79 2456.79

14019 100 BS Inventory-Diesel & Petrol ( Store ) 281.86 281.86

14019 100 BS Inventory Diesel,Petrol ( Generator ) 145.45 145.45

14020 100 BS Inventory-Gas 596.73 596.73

14021 100 BS Inventory - H.K'Guest Supplies 789.41 789.41

14023 100 BS Inventory Other Supply Store 2408.59 2408.59

14024 100 BS Inventory - Mini Bar ( Beverage ) 225.75 225.75

14024 100 BS Inventory - Mini Bar ( Food ) 276.43 276.43

14125 100 BS Operation - Food 5258.84 5258.84

14126 100 BS Operation - Beverage ( Bar ) 2686.79 2686.79

27584.94
15012 100 BS Prepaid 4174.97 4174.97

15115 100 BS AR Collection - Deposit -39451.96 -39451.96

16014 100 BS Staff Advance -303.19 1755.70 1452.51

16015 100 BS Refund 1191.00 1191.00

16103 100 BS Supsend -14868.94 -52731.72 -67600.66

16303 100 BS Current A/C Cash Remittance -220300.99 220300.99 0.00

16304 100 BS Good in Transit -Cash 0.00

0.00
17098 100 BS F Asset F&B 8305.82 8305.82

17101 100 BS F Asset ( Brick Fance ) 7401.00 7401.00

17101 100 BS F Asset Land & Building 13818.18 13818.18

17104 100 BS Fix Asset ( HK ) 13016.91 13016.91

17104 100 BS Fix Asset - Furniture & Fitting 75.00 75.00

70116 100 BS Construction - Second Phase 0.00

18011 200 BS Account Payable - Lease Rental -3200.00 -3200.00

18011 200 BS Account Payable -Services Money -17534.15 -17534.15

18011 200 BS Account Payable -Commerical Tax -30921.34 -30921.34

18011 200 BS Account Payable - Columbus -15000.00 392118.00 377118.00

18011 200 BS Accrued Payable Hotel (Trade ) -24484.76 -24484.76

19014 200 BS Accrued Electricity -4293.10 -4293.10

19014 200 BS Account Payable - Office Rental (HO) -4090.91 -4090.91

19014 200 BS Accrued Payable Hotel (Construction ) -7272.72 -7272.72

21102 200 BS Tip for Staff -281.58 -281.58

29999 200 BS Retain Earning -666434.30 145186.62 -521247.68

100897.44

30101 1000 PL Room Revenue -104909.56 -104909.56

30101 1000 PL Guide Room Revenue -360.65 -360.65

50101 1000 PL Salary & Wages ( HK ) 1674.03 1674.03

60102 1000 PL Cleaning Supplies 434.87 434.87

60103 1000 PL Guest Supplies 954.43 954.43

60107 1000 PL Printing Supplies 139.90 139.90

60202 1000 PL Laundry 710.61 710.61

60301 1000 PL Postage,Telephone,e-mail ( HK ) 389.61 389.61

60303 1000 PL Transportation & Labour ( HK ) 197.73 197.73

60415 1000 PL Pest Control 114.46 114.46

60419 1000 PL Complimentory Food & Beverage 778.23 778.23

61021 1000 PL Landscaping 56.73 56.73

60203 1000 PL Swimming Pool Chair Sofa & Sewing Chg: 1000.00 1000.00

63013 1000 PL Miscellaneous ( HK ) 271.09 271.09

31011 2000 PL Food Revenue -22383.75 -22383.75

32011 2000 PL Beverage Revenue -11128.85 -11128.85

41011 2000 PL Food Cost 6584.85 6584.85

42011 2000 PL Beverage Cost 2654.90 2654.90

50101 2000 PL Salary & Wages ( F&B ) 2241.72 2241.72

60102 2000 PL Cleaning Supply 51.78 51.78

60103 2000 PL Guest Supply 84.19 84.19

60107 2000 PL Printing Supplies 56.54 56.54

60202 2000 PL Laundry 99.87 99.87

60301 2000 PL Postage,Telephone, e-mail 18.00 18.00

60303 2000 PL Transportation & Labour ( F&B ) 344.01 3.18 347.19

60415 2000 PL Utential GAS Cost 428.70 428.70

62016 2000 PL Music & Royalities ( F&B ) 168.18 168.18

69999 2000 PL Miscelleneous 1296.26 1296.26

30101 3100 PL Revenue Phone Call -118.26 -118.26

60301 3100 PL Postage,Telephone, e-mail 18.00 18.00

30101 3200 PL Revenue - SPA -4944.35 -4944.35

50101 3200 PL Salary & Wages ( Spa ) 404.55 404.55

69999 3200 PL Miscellenous 10.53 10.53

30102 3300 PL Revenue - Others -3300.60 -3300.60

30102 3300 PL Other -Commerical & Services Money -22503.59 -22503.59

30102 3300 PL Other -Commerical Tax 7501.20 7501.20

30102 3300 PL Other -Services Money 15002.39 15002.39

30104 3300 PL Transportation Revenue -1147.03 -1147.03

30106 3300 PL Mini Bar Food Revenue -333.91 -333.91

30106 3300 PL Mini Bar Beverage Revenue -493.04 -493.04

40101 3300 PL Cost Of Minibar ( Food ) 93.26 93.26

40101 3300 PL Cost Of Minibar ( Beverage ) 98.95 98.95

64012 3300 PL Transport Expenses ( MOD ) 606.22 606.22

64015 3300 PL Other Expense 773.80 773.80

30101 3400 PL Revenue - Laundry -903.91 -903.91

40101 3400 PL Cost of Laundry 5.81 5.81

50101 3400 PL Salary & Wages ( Ldy ) 168.18 168.18

50101 4000 PL Salary & Wages ( Admin ) 1530.71 3140.91 4671.62

50102 4000 PL Staff Related Expense 96.36 1018.00 1114.36

60106 4000 PL Data Processing - Admin 9.09 9.09

60107 4000 PL Printing Supplies 91.93 2.30 94.23

60202 4000 PL Laundry 12.74 12.74

60301 4000 PL Postage,Telephone, e-mail 9.09 22.27 31.36

60303 4000 PL Transportation & Labour ( Admin ) 66.32 155.91 222.23

60305 4000 PL Drinking Water 26.82 26.82

60403 4000 PL Audit Fees 142.73 142.73

60408 4000 PL Bank Charges ( A&G ) 2.70 41.09 43.79

60413 4000 PL Exchange A/C 1786.99 400.00 2186.99

60416 4000 PL Licenses & Tax ( Admin ) 2339.02 2339.02

60422 4000 PL Present & Donation ( Admn ) 909.09 909.09

63013 4000 PL Rental - Office 454.55 454.55

63013 4000 PL Medical Expenses ( Admin ) 29.55 29.55

63015 4000 PL Staff Canteen Expenses 2065.08 2065.08

69999 4000 PL Miscellaneous 43.01 43.01

50101 5000 PL Salary & Wages - S & M 400.00 400.00

50102 5000 PL Staff Related Exp - S&M 40.00 40.00

60106 5000 PL Data Processing - S&M 9.09 9.09

60107 5000 PL Printing & Stationery - S&M 2.30 2.30

60301 5000 PL Postage,Telephone, e-mail 18.18 22.27 40.45

60303 5000 PL Transportation - S&M 80.44 80.44

60404 5000 PL Travelling ( S&M ) 733.28 733.28

50101 6000 PL Salary & Wages ( Eng ) 867.21 867.21

60107 6000 PL Printing Supplies 3.89 3.89

60108 6000 PL Engineering Supplies 1139.28 1139.28

60108 6000 PL Construction ( Laundry ) 241.91 241.91

60306 6000 PL Motor Vehicle Expenses 18.18 18.18

61011 6000 PL Maintenance - Building 1563.94 1563.94

61018 6000 PL Water Supply 261.82 261.82

61021 6000 PL Landscaping ( Eng ) 676.66 676.66

61022 6000 PL Pool 95.45 95.45

62019 6000 PL Sewage & Rubbish Removal ( Eng ) 388.18 388.18

Satellite Receiver Change Down Work(Ko

69998 6000 PL 563.64 563.64
Naing Zaw)

65012 7000 PL Utential Diesel 145.44 145.44

65013 7000 PL Electricity Chgs 4057.36 4057.36

70102 8000 PL Lease Rental 400.00 400.00

80105 9000 PL Reallocation - SPA 68.52 68.52

-100897.44
0.00 -0.01 0.00 0.00
-622145.11
 Villa Inle Resort & Spa
Balance Sheet as at March 31 , 2015

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 75
F Asset ( HK ) 13,017
F Asset ( F&B ) 8,306
F Asset Land & Building 13,818
Construction in Progress 99,888

FIXED ASSETS AND INTANGIBLES 142,505

2.0 CURRENT ASSETS

2.1 Accounts Receivable 45,100
2.2 Prepayments 4,175
2.3 Advances (Staff) 1,453
2.4 Current Account ( HO ) -
2.5 Other Receivable -
2.6 Inventories at Cost 27,585
2.7 Cash in Hand 226,641
2.8 Cash at Bank -

TOTAL CURRENT ASSETS 304,954

TOTAL ASSETS 447,459
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (28,976)
Accounts Payable - Construction (7,273)
Accounts Payable - Trade columbus 377,118
Accounts Payable - Current Ho
Accounts Payable - Services Money (17,534)
Accounts Payable - Commerical Tax (30,921)
Accounts Payable - Land Lease (3,200)
Accounts Payable -HO (Office) (4,091)
4.3 Accrued Expenses (4,293)
4.4 Provisions
4.5 Deposit Received (39,452)
4.6 Other Payable 909

TOTAL CURRENT LIABILITIES 174,687

NET ASSETS 622,145
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves -
General Reserves -
Opening Retaining Earning 521,248
Retained Earnings /(Loss) 100,897
SHAREHOLDERS' INTEREST 622,145

(0.00)
3E+06 30 96667
4E+06 40 102500
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 March 2015

Revenue
Room Revenue 105,270.21
Mini Bar Revenue 826.95
Food & Beverage 33,512.60
Other Operation Department
Phone 118.26
SPA 4,944.35
Other 3,300.60
Transportation 1,147.03
Laundry 903.91
Other -Commerical & Services Money 22503.59

Total Revenue

Cost of Sale
Room Expenses
Salary & Wages ( HK ) 1,674.03
Cleaning Supplies 434.87
Guest Supplies 954.43
Printing Supplies 139.90
Laundry 710.61
Postage,Telephone,e-mail ( HK ) 389.61
Transportation & Labour ( HK ) 197.73
Pest Control 114.46
Complimentory Food & Beverage 778.23
Landscaping 56.73
Swimming Pool Chair Sofa & Sewing Chg: 1,000.00
Miscellaneous ( HK ) 271.09

Mini Bar Expenses

Mini Bar Cost 192.21

Food & Beverage Expenses

Food Cost 6,584.85
Beverage Cost 2,654.90
Salary & Wages ( F&B ) 2,241.72
Cleaning Supply 51.78
Guest Supply 84.19
Printing Supplies 56.54
Laundry 99.87
 Postage,Telephone, e-mail 18.00
Transportation & Labour ( F&B ) 347.19
Utential GAS Cost 428.70
Music & Royalities ( F&B ) 168.18
Miscelleneous 1,296.26

Other Operation Department

Postage,Telephone, e-mail 18.00
Salary & Wages ( Spa ) 404.55
Miscellenous 10.53
Transport Expenses ( MOD ) 606.22
Other Expense 773.80
Cost of Laundry 5.81
Salary & Wages ( Ldy ) 168.18

Tax & Services Money

Other -Commerical Tax 7,501.20
Other -Services Money 15,002.39

Total Cost of Sale

Gross Operating Profit

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing
Salary & Wages - S & M 400.00
Staff Related Exp - S&M 40.00
Data Processing - S&M 9.09
Printing & Stationery - S&M 2.30
Postage,Telephone, e-mail 40.45
Transportation - S&M 80.44
Travelling ( S&M ) 733.28

Maintance Expenses
Salary & Wages ( Eng ) 867.21
Printing Supplies 3.89
Engineering Supplies 1,139.28
Construction ( Laundry ) 241.91
Motor Vehicle Expenses 18.18
Maintenance - Building 1,563.94
Water Supply 261.82
Landscaping ( Eng ) 676.66
 Pool 95.45
Sewage & Rubbish Removal ( Eng ) 388.18
Satellite Receiver Change Down Work(Ko Naing Zaw) 563.64

Admin & General Expenses

Salary & Wages ( Admin ) 4,671.62
Staff Related Expense 1,114.36
Data Processing - Admin 9.09
Printing Supplies 94.23
Laundry 12.74
Postage,Telephone, e-mail 31.36
Transportation & Labour ( Admin ) 222.23
Drinking Water 26.82
Audit Fees 142.73
Bank Charges ( A&G ) 43.79
Exchange A/C 2,186.99
Licenses & Tax ( Admin ) 2,339.02
Present & Donation ( Admn ) 909.09
Rental - Office 454.55
Medical Expenses ( Admin ) 29.55
Staff Canteen Expenses 2,065.08
Miscellaneous 43.01
Utential Diesel 145.44
Electricity Chgs 4,057.36
Lease Rental 400.00
Reallocation - SPA 68.52

Total -Sale & Marketing , M&E and Admin & General Expenses

Net Operating Profit

Amount (USD)
172,528

172,528

6,722

192

14,032
 1,987

22,504

45,437

127,091

1,306

5,820
 19,068

26,193

100,897
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 30 April ' 15

50101 4000 PL Salary & Wages - Admin

50102 4000 PL Staff Related Exp - Admin
50101 5000 PL Salary & Wages - S & M
50102 5000 PL Staff Related Exp - S&M
Opening YGN YGN (Kyat) YGN EQ (USD) USD
3,470,000.00 3,154.55 -
22,000.00 20.00 -
440,000.00 400.00 -
22,000.00 20.00 -
USD JV -Current (USD) Coso Trail
3,154.55 - 3,154.55
20.00 - 20.00
400.00 - 400.00
20.00 - 20.00
150533.48
991945.63 991945.63 0.00
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 April 2015

Opening
Account code Department BS / PL Particular Debit Credit
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
63015 4000 PL Staff Canteen Expenses
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
Debit Credit Debit Credit Debit Credit Inle
1543.4018182 0 1,543.40 - 1,543.40
2252.6390909 0 2,252.64 - 2,252.64
404.54545455 0 404.55 - 404.55
168.18181818 0 168.18 - 168.18
1533.6363636 0 1,533.64 - 1,533.64
1269.2495455 510.55 - 1,779.80 - 1,779.80
881.81818182 0 881.82 - 881.82
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 30 April 2015

Inle YGN Total

BS Cash in Hand 142820.63 45296.96 188117.59
11012 100
BS 108.92 108.92
13023 100 A/R Guest Ledger -Inle
BS AR Collection 22855.57 22855.57
13023 100
BS City Ledger 959884.54 -959884.54 0.00
13024 100
BS City Ledger ( Tauck ) 6188.48 6188.48
13024 100
BS City Ledger ( Agoda ) 14918.88 14918.88
13024 100
BS Construction- pool 71224.87 662.73 71887.59
13027 100
BS 3015.00 3015.00
13027 100 Construction ( Laundry )
BS Construction- New Bar 3257.91 3257.91
13027 100
BS 21727.27 21727.27
13027 100 Construction: Second Phase
BS Current HO Purchasing -134183.60 133981.84 -201.76
13032 100
BS Current HO Payable -2123.10 -2123.10
13032 100
BS Inventory-Food(Store) 2372.94 2372.94
14011 100
BS Inventory-Beverage(Store) 6225.38 6225.38
14012 100
BS Inventory Cleaning Supply Store 1002.33 1002.33
14013 100
BS Inventory - Cleaning Supplies 167.75 167.75
14013 100
BS Inventory-Guest Supplies ( Store ) 1729.99 1729.99
14014 100
BS Inventory - Massage Oil 85.07 85.07
14015 100
BS Inventory - Printing Supplies ( Store ) 2318.15 2318.15
14017 100
BS Inventory-Diesel & Petrol ( Store ) 9.96 9.96
14019 100
BS Inventory Diesel,Petrol ( Generator ) 127.04 127.04
14019 100
BS 179.27 179.27
14020 100 Inventory-Gas
BS Inventory - H.K'Guest Supplies 418.77 418.77
14021 100
BS Inventory Other Supply Store 2337.32 2337.32
14023 100
BS Inventory - Mini Bar ( Beverage ) 188.81 188.81
14024 100
BS Inventory - Mini Bar ( Food ) 253.57 253.57
14024 100
BS Operation - Food 3456.74 3456.74
14125 100
BS Operation - Beverage ( Bar ) 1870.51 1870.51
14126 100
BS Prepaid 8079.37 8079.37
15012 100
BS AR Collection - Deposit -2682.96 -2682.96
15115 100
BS Staff Advance 909.09 2361.60 3270.69
16014 100
BS Refund 1191.00 1191.00
16015 100
BS Supsend -14868.94 -52731.72 -67600.66
16103 100
BS Current A/C Cash Remittance -222540.99 222540.99 0.00
16303 100
 BS F Asset F&B 8305.82 8305.82
17098 100
BS F Asset ( Brick Fance ) 7401.00 7401.00
17101 100
BS F Asset Land & Building 17454.54 17454.54
17101 100
BS Fix Asset ( HK ) 13016.91 13016.91
17104 100
BS Fix Asset - Furniture & Fitting 75.00 75.00
17104 100
BS Account Payable - Lease Rental -3600.00 -3600.00
18011 200
BS Account Payable -Services Money -11212.53 -11212.53
18011 200
BS Account Payable -Commerical Tax -35096.53 -35096.53
18011 200
BS Account Payable - Columbus -15000.00 433521.00 418521.00
18011 200
BS Accrued Payable Hotel (Trade ) -22934.88 -22934.88
18011 200
BS Accrued Electricity -4323.10 -4323.10
19014 200
BS Account Payable - Office Rental (HO) -4545.45 -4545.45
19014 200
BS Accrued Payable Hotel (Construction ) -7272.72 -7272.72
19014 200
BS Tip for Staff -327.20 -327.20
21102 200
BS Retain Earning -772981.79 150836.67 -622145.12
29999 200

PL Room Revenue -56185.49 -56185.49

30101 1000
PL Guide Room Revenue 0.00
30101 1000
PL Salary & Wages ( HK ) 1543.40 1543.40
50101 1000
PL Staff Related Expenses ( HK ) 129.39 129.39
50102 1000
PL Cleaning Supplies 177.53 177.53
60102 1000
PL Guest Supplies 814.91 814.91
60103 1000
PL Printing Supplies 80.58 80.58
60107 1000
PL Laundry 502.45 502.45
60202 1000
PL Postage,Telephone,e-mail 24.55 24.55
60301 1000
PL Transportation & Labour ( HK ) 226.03 226.03
60303 1000
PL Pest Control 62.46 62.46
60415 1000
PL Complimentory Food & Beverage 1012.21 1012.21
60419 1000
PL Landscaping 49.28 49.28
61021 1000
PL Miscelleneous 41.19 41.19
69999 1000
PL Food Revenue -14897.69 -14897.69
31011 2000
PL Beverage Revenue -5863.41 -5863.41
32011 2000
PL Food Cost 4006.40 4006.40
41011 2000
PL Beverage Cost 1532.23 1532.23
42011 2000
PL Salary & Wages ( F&B ) 2252.64 2252.64
50101 2000
PL Cleaning Supply 34.91 34.91
60102 2000
 PL Guest Supply 31.03 31.03
60103 2000
PL Printing Supplies 15.00 15.00
60107 2000
PL Laundry 77.53 77.53
60202 2000
PL Postage,Telephone,e-mail 60.62 60.62
60301 2000
PL Transportation & Labour ( F&B ) 134.92 134.92
60303 2000
PL Utential GAS Cost 417.46 417.46
60415 2000
PL Music & Royalities ( F&B ) 227.27 227.27
62016 2000
PL Miscelleneous 127.91 127.91
69999 2000
PL Revenue Phone Call -60.87 -60.87
30101 3100
PL Revenue - SPA -3397.39 -3397.39
30101 3200
PL Salary & Wages ( Spa ) 404.55 404.55
50101 3200
PL Miscelleneous ( Spa ) 1.91 1.91
69999 3200
PL Revenue - Others -1899.35 -1899.35
30102 3300
PL -12525.57 -12525.57
30102 3300 Other -Commerical & Services Money
PL 4175.19 4175.19
30102 3300 Other -Commerical Tax
PL 8350.38 8350.38
30102 3300 Other -Services Money
PL Revenue - Boat -2344.35 -2344.35
30104 3300
PL Mini Bar Food Revenue -114.78 -114.78
30106 3300
PL Mini Bar Beverage Revenue -219.13 -219.13
30106 3300
PL Cost Of Minibar ( Food ) 22.86 22.86
40101 3300
PL Cost Of Minibar ( Beverage ) 46.81 46.81
40101 3300
PL Transportation Expense 958.59 958.59
64014 3300
PL Other Expense 579.20 579.20
64015 3300
PL Revenue - Laundry -369.13 -369.13
30101 3400
PL Cost of Laundry 2.78 2.78
40101 3400
PL Salary & Wages ( Ldy ) 168.18 168.18
50101 3400
50101 4000 PL Salary & Wages ( Admin ) 1533.64 3154.55 4688.18

50102 4000 PL Staff Related Expense 189.96 20.00 209.96

60106 4000 PL Data Processing - Admin 9.09 9.09

60107 4000 PL Printing Supplies 53.79 0.86 54.65

60202 4000 PL Laundry 10.34 10.34

60301 4000 PL Postage,Telephone,e-mail 30.22 30.22

60301 4000 PL Phone & Fax - Admin 18.18 18.18

60303 4000 PL Transportation & Labour ( Admin ) 72.04 78.18 150.22

60305 4000 PL Drinking Water 9.09 9.09

60403 4000 PL Audit Fees & Expenses 365.45 365.45

60410 4000 PL Manpower Development ( Admin ) 579.68 579.68

60412 4000 PL Entertainment ( Admin ) 690.91 690.91

60413 4000 PL Exchange A/C 770.63 770.63

60422 4000 PL Present & Donation ( Admn ) 125.45 125.45

63011 4000 PL Rental -Office 454.55 454.55

63013 4000 PL Medical Expenses ( Admin ) 11.18 11.18

63015 4000 PL Staff Canteen Expenses 1779.80 1779.80

69999 4000 PL Miscellaneous Exp: Admin 104.55 2.25 106.80

50101 5000 PL Salary & Wages - S & M 400.00 400.00

50102 5000 PL Staff Related Exp - S&M 20.00 20.00

60106 5000 PL Data Processing - S&M 9.09 9.09

60107 5000 PL Printing & Stationery - S&M 0.86 0.86

60301 5000 PL Phone & Fax - S&M 18.18 18.18

60404 5000 PL Travelling ( S&M ) 0.00 0.00

69999 5000 PL Miscellaneous Exp: S & M 2.25 2.25

50101 6000 PL Salary & Wages ( Eng ) 881.82 881.82

60107 6000 PL Printing Supplies 0.09 0.09

60108 6000 PL Engineering Supplies 1730.55 1730.55

60301 6000 PL Postage,Telephone,e-mail 21.36 21.36

60306 6000 PL Motor Vehicle Expenses 18.18 18.18

61011 6000 PL Maintenance Building 1057.19 1057.19

61021 6000 PL Landscaping ( Eng ) 2868.18 2868.18

61022 6000 PL Pool 368.18 368.18

61023 6000 PL Light & Bulb 7.27 7.27

65012 7000 PL Utential Diesel 145.45 145.45

65013 7000 PL Electricity Chgs 3447.36 3447.36

70102 8000 PL Lease Rental 400.00 400.00

80105 9000 PL Reallocation - SPA 54.26 54.26

0.00 0.00 0.00

44071.85

54.88

62.12

7.24

99887.78

-2324.86

22743.61
-25259.74

48070.14
-48070.14 0.00

0.00
 Villa Inle Resort & Spa
Balance Sheet as at April 30 , 2015

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 75
F Asset ( HK ) 13,017
F Asset ( F&B ) 8,306
F Asset Land & Building 17,455
Construction in Progress 99,888

FIXED ASSETS AND INTANGIBLES 146,141

2.0 CURRENT ASSETS

2.1 Accounts Receivable 44,072
2.2 Prepayments 8,079
2.3 Advances (Staff) 3,271
2.4 Current Account ( HO ) -
2.5 Other Receivable -
2.6 Inventories at Cost 22,744
2.7 Cash in Hand 188,118
2.8 Cash at Bank -

TOTAL CURRENT ASSETS 266,283

TOTAL ASSETS 412,424
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (25,260)
Accounts Payable - Construction (7,273)
Accounts Payable - Trade columbus 418,521
Accounts Payable - Current Ho
Accounts Payable - Services Money (11,213)
Accounts Payable - Commerical Tax (35,097)
Accounts Payable - Land Lease (3,600)
Accounts Payable -HO (Office) (4,545)
4.3 Accrued Expenses (4,323)
4.4 Provisions
4.5 Deposit Received (2,683)
4.6 Other Payable 864

TOTAL CURRENT LIABILITIES 257,791

NET ASSETS 670,215
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves -
General Reserves -
Opening Retaining Earning 622,145
Retained Earnings /(Loss) 48,070
SHAREHOLDERS' INTEREST 670,215

(0.00)
3E+06 30 96667
4E+06 40 102500
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 April 2015
Amount (USD)
Revenue 97,877
Room Revenue 56,185.49
Mini Bar Revenue 333.91
Food & Beverage 20,761.10
Other Operation Department
Phone 60.87
SPA 3,397.39
Other 1,899.35
Transportation 2,344.35
Laundry 369.13
Other -Commerical & Services Money 12525.57

Total Revenue 97,877

Cost of Sale
Room Expenses 4,664
Salary & Wages ( HK ) 1,543.40
Staff Related Expenses ( HK ) 129.39
Cleaning Supplies 177.53
Guest Supplies 814.91
Printing Supplies 80.58
Laundry 502.45
Postage,Telephone,e-mail 24.55
Transportation & Labour ( HK ) 226.03
Pest Control 62.46
Complimentory Food & Beverage 1,012.21
Landscaping 49.28
Miscelleneous 41.19

Mini Bar Expenses 70

Mini Bar Cost 69.67

Food & Beverage Expenses 8,918

Food Cost 4,006.40
Beverage Cost 1,532.23
Salary & Wages ( F&B ) 2,252.64
Cleaning Supply 34.91
 Guest Supply 31.03
Printing Supplies 15.00
Laundry 77.53
Postage,Telephone,e-mail 60.62
Transportation & Labour ( F&B ) 134.92
Utential GAS Cost 417.46
Music & Royalities ( F&B ) 227.27
Miscelleneous 127.91

Other Operation Department 2,169

Salary & Wages ( Spa ) 404.55
Miscelleneous ( Spa ) 1.91
Transportation Expense 958.59
Other Expense 579.20
Cost of Laundry 2.78
Salary & Wages ( Ldy ) 168.18
Reallocation - SPA 54.26

Tax & Services Money 12,526

Other -Commerical Tax 4,175.19
Other -Services Money 8,350.38

Total Cost of Sale 28,347

Gross Operating Profit 69,531

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 450
Salary & Wages - S & M 400.00
Staff Related Exp - S&M 20.00
Data Processing - S&M 9.09
Printing & Stationery - S&M 0.86
Phone & Fax - S&M 18.18
Miscellaneous Exp: S & M 2.25

Maintance Expenses 6,953

Salary & Wages ( Eng ) 881.82
Printing Supplies 0.09
Engineering Supplies 1,730.55
Postage,Telephone,e-mail 21.36
 Motor Vehicle Expenses 18.18
Maintenance Building 1,057.19
Landscaping ( Eng ) 2,868.18
Pool 368.18
Light & Bulb 7.27

Admin & General Expenses 14,057

Salary & Wages ( Admin ) 4,688.18
Staff Related Expense 209.96
Data Processing - Admin 9.09
Printing Supplies 54.65
Laundry 10.34
Postage,Telephone,e-mail 30.22
Phone & Fax - Admin 18.18
Transportation & Labour ( Admin ) 150.22
Drinking Water 9.09
Audit Fees & Expenses 365.45
Manpower Development ( Admin ) 579.68
Entertainment ( Admin ) 690.91
Exchange A/C 770.63
Present & Donation ( Admn ) 125.45
Rental -Office 454.55
Medical Expenses ( Admin ) 11.18
Staff Canteen Expenses 1,779.80
Miscellaneous Exp: Admin 106.80
Utential Diesel 145.45
Electricity Chgs 3,447.36
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 21,460

Net Operating Profit 48,070

54.88
62.12
7.24
5.94
-1.3
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 May ' 15

50101 4000 PL Salary & Wages - Admin

50102 4000 PL Staff Related Exp - Admin
50101 5000 PL Salary & Wages - S & M
50102 5000 PL Staff Related Exp - S&M
Opening YGN YGN (Kyat) YGN EQ (USD) USD
3,470,000.00 3,154.55 -
52,350.00 47.59 -
440,000.00 400.00 -
40,000.00 36.36 -
USD JV -Current (USD) Coso Trail
3,154.55 - 3,154.55
47.59 - 47.59
400.00 - 400.00
36.36 - 36.36
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 May 2015

Opening
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
63015 4000 PL Staff Canteen Expenses
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1,463.11 - 1,463.11 - 1,463.11
1,976.89 - 1,976.89 - 1,976.89
395.83 - 395.83 - 395.83
161.44 - 161.44 - 161.44
1,455.91 - 1,455.91 - 1,455.91
734.12 443.97 - 1,178.09 - 1,178.09
870.91 - 870.91 - 870.91
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31 May 2015

Inle YGN Total

11012 100 BS Cash in Hand 103546.99 21395.14 124942.13

13023 100 BS 108.92 108.92

A/R Guest Ledger -Inle
13023 100 BS AR Collection 6422.57 6422.57

13024 100 BS City Ledger 773868.10 -959884.54 -186016.44

13024 100 BS City Ledger ( Tauck ) 643.16 643.16

13024 100 BS City Ledger ( HO ) 186016.44 186016.44

13024 100 BS City Ledger ( Agoda ) 14918.88 14918.88

22093.53
13027 100 BS Construction- pool 71224.87 71224.87

13027 100 BS 3015.00 3015.00

Construction ( Laundry )
13027 100 BS Construction- New Bar 3257.91 3257.91
13027 100 BS Construction: Second Phase 21727.27 21727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73 662.73

asset ) 99887.78
13032 100 BS Current HO Purchasing -135517.06 135315.30 -201.76
13032 100 BS Current HO Payable -972.46 -972.46 -1174.22
14011 100 BS Inventory-Food(Store) 2846.47 2846.47
14012 100 BS Inventory-Beverage(Store) 6379.28 6379.28
14013 100 BS Inventory Cleaning Supply Store 1224.24 1224.24
14013 100 BS Inventory - Cleaning Supplies 193.40 193.40
14014 100 BS Inventory-Guest Supplies ( Store ) 1724.40 1724.40
14015 100 BS Inventory - Massage Oil 82.07 82.07
14017 100 BS Inventory - Printing Supplies ( Store ) 2291.20 2291.20
14019 100 BS Inventory-Diesel & Petrol ( Store ) 294.21 294.21
14019 100 BS Inventory Diesel,Petrol ( Generator ) 113.02 113.02
14020 100 BS Inventory-Gas 179.27 179.27
14021 100 BS Inventory - H.K'Guest Supplies 400.47 400.47
14023 100 BS Inventory Other Supply Store 2300.60 2300.60
14024 100 BS Inventory - Mini Bar ( Beverage ) 0.00 0.00
14024 100 BS Inventory - Mini Bar ( Food ) 0.00 0.00
14125 100 BS Operation - Food 3076.76 3076.76
14126 100 BS Operation - Beverage ( Bar ) 1837.59 1837.59 22943.00
15012 100 BS Prepaid 33376.10 33376.10
15115 100 BS AR Collection - Deposit -2682.96 -2682.96
11018 100 BS Deposit from Tauck -12080.00 -12080.00 -14762.96
16014 100 BS Staff Advance 909.09 2361.60 3270.69
16015 100 BS Refund 1191.00 1191.00
16103 100 BS Supsend -14868.94 -52731.72 -67600.66
16303 100 BS Current A/C Cash Remittance -222540.99 222540.99 0.00
17098 100 BS F Asset F&B 8305.82 8305.82 8305.82
17101 100 BS F Asset ( Brick Fance ) 7401.00 7401.00
17101 100 BS F Asset Land & Building 17454.54 17454.54
17104 100 BS Fix Asset ( HK ) 13016.91 13016.91
17104 100 BS Fix Asset - Furniture & Fitting 75.00 75.00
18011 200 BS Account Payable - Lease Rental -4000.00 -4000.00
18011 200 BS Account Payable -Services Money -2862.53 -2862.53 266419.65
18011 200 BS Account Payable -Commerical Tax -35096.53 -35096.53
18011 200 BS Account Payable - Columbus -15000.00 466595.00 451595.00
18011 200 BS Accrued Payable Hotel (Trade ) -22938.64 -22938.64
18011 200 BS Accrued Payable Hotel (Second phase Construction ) 0.00
19014 200 BS Accrued Electricity -5710.47 -5710.47
19014 200 BS Account Payable - Office Rental (HO) -872.63 -872.63
19014 200 BS Accrued Payable Hotel (Construction ) -5454.54 -5454.54
21102 200 BS Tip for Staff -327.20 -327.20
29999 200 BS Retain Earning -825150.88 154935.63 -670215.25
-25463.14

50101 1000 PL Salary & Wages ( HK ) 1463.11 1463.11

60102 1000 PL Cleaning Supplies 148.69 148.69
60103 1000 PL Guest Supplies 26.12 26.12
60107 1000 PL Printing Supplies 11.50 11.50
60108 1000 PL Landscaping 739.37 739.37
60202 1000 PL Laundry 169.15 169.15
60301 1000 PL Postage,Telephone,e-mail 51.82 51.82
69999 1000 PL Miscellaneous ( HK ) 17.00 17.00
50101 2000 PL Salary & Wages ( F&B ) 1976.89 1976.89
60103 2000 PL Guest Supply 1.04 1.04
60301 2000 PL Postage,Telephone,e-mail 24.55 24.55
50101 3200 PL Salary & Wages ( Spa ) 395.83 395.83
30102 3300 PL Revenue - Others -54.88 -54.88
64015 3300 PL Other Expense 30.00 30.00
50101 3400 PL Salary & Wages ( Ldy ) 161.44 161.44
16015 4000 PL Staff Related Expense 36.00 36.00
50101 4000 PL Salary & Wages ( Admin ) 1455.91 3154.55 4610.45
50102 4000 PL Staff Related Exp - Admin 47.59 47.59
60106 4000 PL Data Processing - Admin 18.18 18.18
60107 4000 PL Printing Supplies 22.72 9.05 31.77
60202 4000 PL Laundry 10.33 10.33
60301 4000 PL Postage,Telephone, e-mail 36.13 13.64 49.77
60301 4000 PL Postage,Telephone,e-mail 427.35 427.35
60303 4000 PL Transportation & Labour ( Admin ) 157.64 54.09 211.73
60403 4000 PL Audit Fees & Expenses 730.91 730.91
60408 4000 PL Bank Charges ( Admin ) 4.00 4.00
60410 4000 PL Manpower Development ( Admin ) 1813.47 72.73 1886.19
60413 4000 PL Exchange A/C 509.09 -372.73 136.37
60422 4000 PL Present & Donation ( Admin ) 509.09 509.09
63011 4000 PL Rental -Office 454.55 454.55
63013 4000 PL Medical Expenses ( Admin ) 295.00 295.00
63015 4000 PL Staff Canteen Expenses 1178.09 1178.09
69999 4000 PL Miscellenous 94.86 0.70 95.56
50101 5000 PL Salary & Wages - S & M 400.00 400.00
50102 5000 PL Staff Related Exp - S&M 36.36 36.36
60106 5000 PL Data Processing - S&M 18.18 18.18
60107 5000 PL Printing & Stationery - S&M 9.05 9.05
60301 5000 PL Phone & Fax - S&M 13.64 13.64
60303 5000 PL Transportation - S&M 15.45 15.45
60404 5000 PL Travelling ( S&M ) 484.60 396.45 881.06
60407 5000 PL Advertising ( Map ) 600.00 100.00 700.00
60412 5000 PL Entertainment,Gift & Donation - S & M 73.06 58.18 131.24
69999 5000 PL Miscellaneous Exp: S & M 0.70 0.70
50101 6000 PL Salary & Wages ( Eng ) 870.91 870.91
60108 6000 PL Engineering Supplies 817.18 817.18
60301 6000 PL Postage,Telephone,e-mail 12.27 12.27
60303 6000 PL Transport & Labour ( Eng ) 39.09 39.09
60306 6000 PL Motor Vehicle Expenses 74.55 74.55
61011 6000 PL Maintenance Building 1792.20 1792.20
61012 6000 PL Maintenance Generator 190.55 190.55
61013 6000 PL Maintenance Mechinical 20.91 20.91
61021 6000 PL Landscaping 1609.32 1609.32
65012 7000 PL Utential Diesel 148.57 148.57
65013 7000 PL Electricity Chgs 1387.36 1387.36
70102 8000 PL Lease Rental 400.00 400.00

0.00 0.00 0.00 25463.14

54.88

62.12

7.24
0.00
 Villa Inle Resort & Spa
Balance Sheet as at May 31 , 2015

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 75
F Asset ( HK ) 13,017
F Asset ( F&B ) 8,306
F Asset Land & Building 17,455
Construction in Progress 99,888

FIXED ASSETS AND INTANGIBLES 146,141

2.0 CURRENT ASSETS

2.1 Accounts Receivable 22,094
2.2 Prepayments 33,376
2.3 Advances (Staff) 3,271
2.4 Current Account ( HO ) -
2.5 Other Receivable -
2.6 Inventories at Cost 22,943
2.7 Cash in Hand 124,942
2.8 Cash at Bank -

TOTAL CURRENT ASSETS 206,625

TOTAL ASSETS 352,766.50
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (24,113)
Accounts Payable - Construction (5,455)
Accounts Payable - Trade columbus 451,595
Accounts Payable - Current Ho
Accounts Payable - Services Money (2,863)
Accounts Payable - Commerical Tax (35,097)
Accounts Payable - Land Lease (4,000)
Accounts Payable -HO (Office) (873)
4.3 Accrued Expenses (5,710)
4.4 Provisions
4.5 Deposit Received (14,763)
4.6 Other Payable 864

TOTAL CURRENT LIABILITIES 291,986

NET ASSETS 644,752
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves -
General Reserves -
Opening Retaining Earning 670,215
Retained Earnings /(Loss) (25,463)
SHAREHOLDERS' INTEREST 644,752

(0.00)
3E+06 30 96667
4E+06 40 102500
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 May 2015
Amount (USD)
Revenue 55
Room Revenue
Mini Bar Revenue
Food & Beverage
Other Operation Department
Phone
SPA
Other 54.88
Transportation
Laundry
Other -Commerical & Services Money

Total Revenue 55

Cost of Sale
Room Expenses 2,627
Salary & Wages ( HK ) 1,463.11
Cleaning Supplies 148.69
Guest Supplies 26.12
Printing Supplies 11.50
Landscaping 739.37
Laundry 169.15
Postage,Telephone,e-mail 51.82
Miscellaneous ( HK ) 17.00

Mini Bar Expenses -

Mini Bar Cost -

Food & Beverage Expenses 2,002

Salary & Wages ( F&B ) 1,976.89
Guest Supply 1.04
Postage,Telephone,e-mail 24.55
 Other Operation Department 587
Salary & Wages ( Spa ) 395.83
Other Expense 30.00
Salary & Wages ( Ldy ) 161.44

Tax & Services Money -

Other -Commerical Tax
Other -Services Money

Total Cost of Sale 5,217

Gross Operating Profit (5,162)

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 2,206
Salary & Wages - S & M 400.00
Staff Related Exp - S&M 36.36
Data Processing - S&M 18.18
Printing & Stationery - S&M 9.05
Phone & Fax - S&M 13.64
Transportation - S&M 15.45
Travelling ( S&M ) 881.06
Advertising ( Map ) 700.00
Entertainment,Gift & Donation - S & M 131.24
Miscellaneous Exp: S & M 0.70
 Maintance Expenses 5,427
Salary & Wages ( Eng ) 870.91
Engineering Supplies 817.18
Postage,Telephone,e-mail 12.27
Transport & Labour ( Eng ) 39.09
Motor Vehicle Expenses 74.55
Maintenance Building 1,792.20
Maintenance Generator 190.55
Maintenance Mechinical 20.91
Landscaping 1,609.32

Admin & General Expenses 12,669

Staff Related Expense 36.00
Salary & Wages ( Admin ) 4,610.45
Staff Related Exp - Admin 47.59
Data Processing - Admin 18.18
Printing Supplies 31.77
Laundry 10.33
Postage,Telephone, e-mail 49.77
Postage,Telephone,e-mail 427.35
Transportation & Labour ( Admin ) 211.73
Audit Fees & Expenses 730.91
Bank Charges ( Admin ) 4.00
Manpower Development ( Admin ) 1,886.19
Exchange A/C 136.37
Present & Donation ( Admin ) 509.09
Rental -Office 454.55
Medical Expenses ( Admin ) 295.00
Staff Canteen Expenses 1,178.09
Miscellenous 95.56
Utential Diesel 148.57
Electricity Chgs 1,387.36
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 20,302

Net Operating Profit (25,463)

54.88
62.12
7.24
5.94
-1.3
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 30 June ' 15

50101 4000 PL Salary & Wages - Admin

50102 4000 PL Staff Related Exp - Admin
50101 5000 PL Salary & Wages - S & M
50102 5000 PL Staff Related Exp - S&M
Opening YGN YGN (Kyat) YGN EQ (USD) USD
3,470,000.00 3,154.55 -
109,250.00 99.32 -
440,000.00 400.00 -
51,850.00 47.14 -
USD JV -Current (USD) Coso Trail
3,154.55 - 3,154.55
99.32 - 99.32
400.00 - 400.00
47.14 - 47.14
1014033.22
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 June 2015

Opening
Account code Department BS / PL Particular Debit Credit
11012 100 BS Cash in Hand 103546.98675
11018 100 BS Deposit from Tauck 12080.00
13023 100 BS A/R Guest Ledger -Inle 108.91906070001
13024 100 BS City Ledger 773868.1
13024 100 BS City Ledger ( Tauck ) 643.16
13024 100 BS City Ledger ( HO ) 186016.44
13024 100 BS City Ledger ( Agoda ) 14918.88
13027 100 BS Construction- pool 71224.867272727
13027 100 BS Construction ( Laundry ) 3015.0009090909
13027 100 BS Construction- New Bar 3257.9136363636
13027 100 BS Construction: Second Phase 21727.27
13032 100 BS Current HO Purchasing 135517.05938
14011 100 BS Inventory-Food(Store) 2846.4745454545
14012 100 BS Inventory-Beverage(Store) 6379.2845454545
14013 100 BS Inventory Cleaning Supply Store 1224.2409090909
14013 100 BS Inventory - Cleaning Supplies 193.4
14014 100 BS Inventory-Guest Supplies ( Store ) 1724.4042727273
14015 100 BS Inventory - Massage Oil 82.07
14017 100 BS Inventory - Printing Supplies ( Store ) 2291.2009090955
14019 100 BS Inventory-Diesel & Petrol ( Store ) 294.20909090909
14019 100 BS Inventory Diesel,Petrol ( Generator ) 113.02
14020 100 BS Inventory-Gas 179.27272727273
14021 100 BS Inventory - H.K'Guest Supplies 400.47
14023 100 BS Inventory Other Supply Store 2300.5990909091
14024 100 BS Inventory - Mini Bar ( Beverage ) 0
14024 100 BS Inventory - Mini Bar ( Food ) 0
14125 100 BS Operation - Food 3076.7645454545
14126 100 BS Operation - Beverage ( Bar ) 1837.59
15012 100 BS Prepaid 33376.09851
16014 100 BS Staff Advance 909.09
16103 100 BS Supsend 14868.94
16303 100 BS Current A/C Cash Remittance 222540.98818
17098 100 BS F Asset F&B 8305.8182363636
17100 100 BS F Asset Kitchen Equipment
17101 100 BS F Asset ( Brick Fance ) 7401
17101 100 BS F Asset Land & Building 17454.542727273
17104 100 BS Fix Asset ( HK ) 13016.9091
18011 200 BS Account Payable - Lease Rental 4000
18011 200 BS Account Payable -Services Money 2862.53
18011 200 BS Account Payable -Commerical Tax 35096.53
18011 200 BS Account Payable - Columbus 15000
18011 200 BS Accrued Payable Hotel (Trade ) 22938.642718
18011 200 BS Accrued Payable Hotel (Second phase Construction )
19014 200 BS Accrued Electricity 5710.4676364
19014 200 BS Account Payable - Office Rental (HO) 872.63454545
19014 200 BS Accrued Payable Hotel (Construction ) 5454.5427273
21102 200 BS Tip for Staff 327.2
29999 200 BS Retain Earning 804464.46

50101 1000 PL Salary & Wages ( HK )

50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( A&G )
63015 4000 PL Staff Canteen Expenses
50101 6000 PL Salary & Wages ( Eng )

1,281,734.00 ###
0.00

2.00
 USD JV Coso
Debit Credit Debit Credit Debit Credit Inle
56025.908485 103546.99030303 159,572.90 103,546.99 56,025.90
- 12,080.00 (12,080.00)
188.70 297.62 - 297.62
773,868.10 - 773,868.10
643.16 - 643.16
186,016.44 - 186,016.44
14,918.88 - 14,918.88
71,224.87 - 71,224.87
3,015.00 - 3,015.00
3,257.91 - 3,257.91
21,727.27 - 21,727.27
3,692.11 - 139,209.17 (139,209.17)
10.91 113.18 242.21 2,970.57 242.21 2,728.36
54.55 96.97 6,433.83 96.97 6,336.86
16.36 245.00 582.09 1,485.60 582.09 903.51
571.72 524.44 765.12 524.44 240.68
30.00 31.60 1,754.40 31.60 1,722.80
82.07 - 82.07
18.64 37.32 2,309.84 37.32 2,272.52
478.18 392.60 772.39 392.60 379.79
163.39 276.41 - 276.41
30.91 179.27 30.91 148.36
42.64 12.41 443.11 12.41 430.70
101.27 66.77 2,401.87 66.77 2,335.10
21.51 21.51 - 21.51
23.95 23.95 - 23.95
89.32 - 1,212.91 357.04 4,379.00 357.04 4,021.95
25.99 0.23 1,863.58 0.23 1,863.35
28,319.14 3,450.77 3,546.56 65,146.01 3,546.56 61,599.45
6,286.36 6,286.36 7,195.45 6,286.36 909.09
- 14,868.94 (14,868.94)
12,000.00 10,358.00 12,000.00 232,898.99 (220,898.99)
581.82 8,887.64 - 8,887.64
1,495.45 - 1,495.45 - 1,495.45
7,401.00 - 7,401.00
17,454.54 - 17,454.54
13,016.91 - 13,016.91
400.00 - 4,400.00 (4,400.00)
16.41 - 2,878.94 (2,878.94)
8.20 - 35,104.73 (35,104.73)
- 15,000.00 (15,000.00)
3,570.55 3,532.95 3,570.55 26,471.60 (22,901.05)
- - -
782.64 1,687.36 782.64 7,397.83 (6,615.19)
454.55 - 1,327.18 (1,327.18)
- 5,454.54 (5,454.54)
- 327.20 (327.20)
- 804,464.46 (804,464.46)

1,446.85 - 1,446.85 - 1,446.85

1,398.75 - 1,398.75 - 1,398.75
392.67 - 392.67 - 392.67
 151.91 - 151.91 - 151.91
1,430.04 0 1,430.04 - 1,430.04
1,251.86 - 608.70 1,860.57 - 1,860.57
856.30 - 856.30 - 856.30
- - -

158,434.09 158,434.08 15,901.43 15,901.43 1,456,069.52 1,456,069.51 0.00

0.00 (0.00) 0.00
 103,546.99

54.88 643.16 163.8

14,918.88
71,224.87
3,015.00
3,257.91
23,181.82
135,517.06
2,846.47
6,379.28
1,224.24
1,724.40
294.21
179.27
400.47
3,076.76
909.09
14,868.94
7,401.00
17,454.54
3,023.21
15,000.00
1,818.18
5,710.47
872.63
816,661.85 #REF!

(19,983.23)
19,983.23
0.00
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31 May 2015

Inle YGN Total

11012 100 BS Cash in Hand 56025.90 20348.37 76374.27

11018 100 BS Deposit from Tauck -12080.00 -12080.00

13023 100 BS 297.62 6422.57 6720.19

A/R Guest Ledger -Inle
13024 100 BS City Ledger 773868.10 -959884.54 -186016.44

13024 100 BS City Ledger ( Tauck ) 643.16 643.16

13024 100 BS City Ledger ( HO ) 186016.44 186016.44

13024 100 BS City Ledger ( Agoda ) 14918.88 14918.88

22282.23
13027 100 BS Construction- pool 71224.87 662.73 71887.59
13027 100 BS Construction ( Laundry ) 3015.00 3015.00
13027 100 BS Construction- New Bar 3257.91 3257.91
13027 100 BS Construction: Second Phase 21727.27 21727.27 99887.78
13032 100 BS Current HO Payable -1800.84 -1800.84
13032 100 BS Current HO Purchasing -139209.17 139007.41 -201.76 -2002.60
14011 100 BS Inventory-Food(Store) 2728.36 2728.36
14012 100 BS Inventory-Beverage(Store) 6336.86 6336.86
14013 100 BS Inventory Cleaning Supply Store 903.51 903.51
14013 100 BS Inventory - Cleaning Supplies 240.68 240.68
14014 100 BS Inventory-Guest Supplies ( Store ) 1722.80 1722.80
14015 100 BS Inventory - Massage Oil 82.07 82.07
14017 100 BS Inventory - Printing Supplies ( Store ) 2272.52 2272.52
14019 100 BS Inventory-Diesel & Petrol ( Store ) 379.79 379.79
14019 100 BS Inventory Diesel,Petrol ( Generator ) 276.41 276.41
14020 100 BS Inventory-Gas 148.36 148.36
14021 100 BS Inventory - H.K'Guest Supplies 430.70 430.70
14023 100 BS Inventory Other Supply Store 2335.10 2335.10
14024 100 BS Inventory - Mini Bar ( Beverage ) 21.51 21.51
14024 100 BS Inventory - Mini Bar ( Food ) 23.95 23.95
14125 100 BS Operation - Food 4021.95 4021.95
14126 100 BS Operation - Beverage ( Bar ) 1863.35 1863.35 23787.93
15012 100 BS Prepaid 61599.45 2727.27 64326.72
15115 100 BS AR Collection - Deposit -10130.96 -10130.96
16014 100 BS Staff Advance 909.09 2361.60 3270.69
16015 100 BS Refund 1711.00 1711.00
16103 100 BS Supsend -14868.94 -52731.72 -67600.66
16303 100 BS Current A/C Cash Remittance -220898.99 220898.99 0.00
17098 100 BS F Asset F&B 10383.09 1363.64 11746.73
17101 100 BS F Asset ( Brick Fance ) 7401.00 7401.00
17101 100 BS F Asset Land & Building 17454.54 17454.54
17104 100 BS Fix Asset - Furniture & Fitting 75.00 75.00
17104 100 BS Fix Asset ( HK ) 13016.91 13016.91
18011 200 BS Account Payable - Lease Rental -4400.00 -4400.00
18011 200 BS Account Payable -Services Money -2878.94 -2878.94
18011 200 BS Account Payable -Commerical Tax -35104.73 -35104.73
18011 200 BS Account Payable - Columbus -15000.00 466595.00 451595.00
18011 200 BS Accrued Payable Hotel (Trade ) -22901.05 -22901.05
18011 200 BS Accrued Payable Hotel (Second phase Construction ) 0.00
19014 200 BS Accrued Electricity -6615.19 -6615.19
19014 200 BS Account Payable - Office Rental (HO) -1327.18 -1327.18
19014 200 BS Accrued Payable Hotel (Construction ) -5454.54 -5454.54 -5454.54
21102 200 BS Tip for Staff -327.20 -327.20
29999 200 BS Retain Earning -804464.46 159712.36 -644752.10
-22645.36

30101 1000 PL Revenue - Room -114.09 -114.09

50101 1000 PL Salary & Wages ( HK ) 1446.85 1446.85
60102 1000 PL Cleaning Supplies ( HK ) 0.00
60102 1000 PL Cleaning Supplies 140.66 140.66
60103 1000 PL Guest Supplies 12.41 12.41
60107 1000 PL Printing Supplies 7.55 7.55
60202 1000 PL Laundry 347.02 347.02
60203 1000 PL Linen ( HK ) 35.91 35.91
60301 1000 PL Postage,Telephone,e-mail 24.55 24.55
61021 1000 PL Landscaping ( HK ) 64.33 64.33
62013 1000 PL Operation Utensils ( HK ) 590.91 590.91
69999 1000 PL Miscellaneous ( HK ) 23.19 23.19
31011 2000 PL Revenue - Food -49.00 -49.00
32011 2000 PL Revenue - Beverage -1.00 -1.00
41011 2000 PL Food Cost 15.68 15.68
42011 2000 PL Beverage Cost 0.23 0.23
50101 2000 PL Salary & Wages ( F&B ) 1398.75 1398.75
60102 2000 PL Cleaning Supply 10.37 10.37
60103 2000 PL Guest Supply 7.84 7.84
60107 2000 PL Printing Supplies 8.23 8.23
60202 2000 PL Laundry 23.21 23.21
60203 2000 PL Linen ( F&B ) 345.45 345.45
60301 2000 PL Postage,Telephone,e-mail 24.55 24.55
60303 2000 PL Transportation & Labour ( F&B ) 213.07 213.07
60415 2000 PL Utential GAS Cost 30.91 30.91
69999 2000 PL Miscelleneous 32.60 32.60
50101 3200 PL Salary & Wages ( Spa ) 392.67 392.67
30102 3300 PL Other -Commerical & Services Money -24.61 -24.61
30102 3300 PL Other -Commerical Tax 8.20 8.20
30102 3300 PL Other -Services Money 16.41 16.41
50101 3400 PL Salary & Wages ( Ldy ) 151.91 151.91
50101 4000 PL Salary & Wages ( A&G ) 1430.0436364 3154.55 4584.59
50102 4000 PL Staff Related Exp 34.28 99.32 133.60
60106 4000 PL Data Processing - Admin 9.09 9.09
60201 4000 PL Printing Supplies 244.96727273 28.00 272.97
60202 4000 PL Laundry 15.19 15.19
60301 4000 PL Postage,Telephone,e-mail 31.181818182 66.45 97.64
60301 4000 PL Postage,Telephone, e-mail 27.27 27.27
60303 4000 PL Transportation & Labour ( Admin ) 210.2 163.91 374.11
60305 4000 PL Drinking Water 3.37 3.37
60403 4000 PL Audit Fees & Expenses 60.00 60.00
60404 4000 PL Travelling- Admin 40.73 40.73
60408 4000 PL Bank Charges 26.272727273 5.63 31.91
60410 4000 PL Manpower Development 1010.6490909 1010.65
60412 4000 PL Entertainment ( Admin ) 1034 1034.00
60413 4000 PL Exchange A/C -2242.7272727 -1600.00 -3842.73
60416 4000 PL Licenses & Tax 193.09090909 193.09
63011 4000 PL Rental -Office 454.54545455 454.55
63013 4000 PL Medical Expenses 413.21181818 413.21
63015 4000 PL Staff Canteen Expenses 1860.5672727 1860.57
69999 4000 PL Miscellenous 22.128181818 2.39 24.51
50101 5000 PL Salary & Wages - S & M 400.00 400.00
50102 5000 PL Staff Related Exp - S&M 47.14 47.14
60106 5000 PL Data Processing - S&M 9.09 9.09
60107 5000 PL Printing & Stationery - S&M 28.00 28.00
60301 5000 PL Postage,Telephone, e-mail 18.18 66.45 84.63
60407 5000 PL Advertising Exp: S & M 68.36 68.36
69999 5000 PL Miscellaneous Exp: S & M 13.02 13.02
50101 6000 PL Salary & Wages ( Eng ) 856.30454545 856.30
60010 6000 PL Maintenance Equipment 636.36363636 636.36
60107 6000 PL Printing Supplies 4.3 4.30
60108 6000 PL Engineering 484.63636364 484.64
60301 6000 PL Postage,Telephone,e-mail 12.272727273 12.27
60303 6000 PL Transport & Labour ( Eng ) 27.272727273 27.27
60306 6000 PL Motor Vehicle Expenses 67.272727273 67.27
61011 6000 PL Maintenance Building 2983.72 2983.72
61013 6000 PL Maintenance Machincal 234 234.00
61018 6000 PL Maintenance Water Supply 442.72727273 442.73
61021 6000 PL Landscaping 1512.2 1512.20
61022 6000 PL Pool 54.545454545 54.55
61023 6000 PL Light Bulb ( Eng ) 609.09090909 609.09
65012 7000 PL Utential Diesel 0 0.00
65013 7000 PL Electricity Chgs 1687.3636364 1687.36
70102 8000 PL Lease Rental 400 400.00
0.01 0.00 0.01 22645.37
0.01
 54.88

#REF!

62758.2

644870 117.90
-622106.74
 Villa Inle Resort & Spa
Balance Sheet as at June 30 , 2015

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 75
F Asset ( HK ) 13,017
F Asset ( F&B ) 11,747
F Asset Land & Building 17,455
Construction in Progress 99,888

FIXED ASSETS AND INTANGIBLES 149,582

2.0 CURRENT ASSETS

2.1 Accounts Receivable 22,282
2.2 Prepayments 64,327
2.3 Advances (Staff) 3,271
2.4 Current Account ( HO ) -
2.5 Other Receivable -
2.6 Inventories at Cost 23,788
2.7 Cash in Hand 76,374
2.8 Cash at Bank -

TOTAL CURRENT ASSETS 190,042

TOTAL ASSETS 339,623.80
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (22,901)
Accounts Payable - Construction (5,455)
Accounts Payable - Trade columbus 451,595
Accounts Payable - Current Ho (2,003)
Accounts Payable - Services Money (2,879)
Accounts Payable - Commerical Tax (35,105)
Accounts Payable - Land Lease (4,400)
Accounts Payable -HO (Office) (1,327)
4.3 Accrued Expenses (6,615)
4.4 Provisions
4.5 Deposit Received (22,211)
4.6 Other Payable 1,384

TOTAL CURRENT LIABILITIES 282,483

NET ASSETS 622,107
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves -
General Reserves -
Opening Retaining Earning 644,752
Retained Earnings /(Loss) (22,645)
SHAREHOLDERS' INTEREST 622,107

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 June 2015
Amount (USD)
Revenue 189
Room Revenue 114.09
Mini Bar Revenue
Food & Beverage 50.00
Other Operation Department
Phone
SPA
Other
Transportation
Laundry
Other -Commerical & Services Money 24.61

Total Revenue 189

Cost of Sale
Room Expenses 2,693
Salary & Wages ( HK ) 1,446.85
Cleaning Supplies ( HK ) -
Cleaning Supplies 140.66
Guest Supplies 12.41
Printing Supplies 7.55
Laundry 347.02
Linen ( HK ) 35.91
Postage,Telephone,e-mail 24.55
Landscaping ( HK ) 64.33
Operation Utensils ( HK ) 590.91
Miscellaneous ( HK ) 23.19

Mini Bar Expenses -

Mini Bar Cost -

Food & Beverage Expenses 2,111

Food Cost 15.68
Beverage Cost 0.23
Salary & Wages ( F&B ) 1,398.75
Cleaning Supply 10.37
Guest Supply 7.84
 Printing Supplies 8.23
Laundry 23.21
Linen ( F&B ) 345.45
Postage,Telephone,e-mail 24.55
Transportation & Labour ( F&B ) 213.07
Utential GAS Cost 30.91
Miscelleneous 32.60

Other Operation Department 545

Salary & Wages ( Spa ) 392.67
Salary & Wages ( Ldy ) 151.91

Tax & Services Money 25

Other -Commerical Tax 8.20
Other -Services Money 16.41

Total Cost of Sale 5,373

Gross Operating Profit (5,185)

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 650
Salary & Wages - S & M 400.00
Staff Related Exp - S&M 47.14
Data Processing - S&M 9.09
Printing & Stationery - S&M 28.00
Postage,Telephone, e-mail 84.63
Advertising Exp: S & M 68.36
Miscellaneous Exp: S & M 13.02

Maintance Expenses 7,925

Salary & Wages ( Eng ) 856.30
Maintenance Equipment 636.36
Printing Supplies 4.30
Engineering 484.64
Postage,Telephone,e-mail 12.27
Transport & Labour ( Eng ) 27.27
Motor Vehicle Expenses 67.27
 Maintenance Building 2983.72
Maintenance Machincal 234.00
Maintenance Water Supply 442.73
Landscaping 1512.20
Pool 54.55
Light Bulb ( Eng ) 609.09

Admin & General Expenses 8,886

Salary & Wages ( A&G ) 4,584.59
Staff Related Exp 133.60
Data Processing - Admin 9.09
Printing Supplies 272.97
Laundry 15.19
Postage,Telephone,e-mail 97.64
Postage,Telephone, e-mail 27.27
Transportation & Labour ( Admin ) 374.11
Drinking Water 3.37
Audit Fees & Expenses 60.00
Travelling- Admin 40.73
Bank Charges 31.91
Manpower Development 1,010.65
Entertainment ( Admin ) 1,034.00
Exchange A/C (3,842.73)
Licenses & Tax 193.09
Rental -Office 454.55
Medical Expenses 413.21
Staff Canteen Expenses 1,860.57
Miscellenous 24.51
Utential Diesel -
Electricity Chgs 1,687.36
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 17,461

Net Operating Profit (22,645)

54.88
62.12
7.24
5.94
-1.3
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 July' 15
Opening YGN

16015 4000 PL Staff Related Exp - Admin

50101 4000 PL Salary & Wages - Admin

50101 4000 PL Salary & Wages - Admin

16015 5000 PL Staff Related Exp - S&M

50101 5000 PL Salary & Wages - S & M

1,024,548.06 1,024,548.06
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
146,700.00 117.36 -
-
3,470,000.00 2,776.00 -
40,000.00 32.00 -
440,000.00 352.00 -

23,315,399.00 23,315,399.00 18,652.32 18,652.32 37,062.00 37,062.00 29,554.60

JV -Current (USD) Coso Trail
117.36 - 117.36
- - -
2,776.00 - 2,776.00
32.00 - 32.00
352.00 - 352.00

29,554.60 1,109,816.98 1,109,816.98 (0.00)

 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 July 2015

Opening
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( A&G )
63015 4000 PL Staff Canteen Expenses
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1,351.07 - 1,351.07 -
1,314.53 - 1,314.53 -
352.00 - 352.00 -
144.00 - 144.00 -
1,233.93 - 1,233.93 -
1724.72 550.3 560 2,275.02 560.00
818.20 - 818.20 -
1,351.07
1,314.53
352.00
144.00
1,233.93
1,715.02
818.20
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31 July 2015

Inle YGN Total

11012 100 BS Cash in Hand 51582.82 20306.21 71889.03

13023 100 BS A/R Guest Ledger -Inle 2825.70 11873.45 14699.15

13024 100 BS City Ledger 982303.42 -982303.42 0.00

13024 100 BS City Ledger ( Tauck ) 643.16 643.16

13024 100 BS City Ledger ( Agoda ) 2862.05 2862.05

13027 100 BS Construction- pool 71224.87 71224.87

13027 100 BS Construction ( Laundry ) 3015.00 3015.00

13027 100 BS Construction- New Bar 3257.91 3257.91

13027 100 BS Construction: Second Phase 21727.27 21727.27

BS Construction ( Brick ) Swimming Pool (Fix 662.73 662.73

13027 100 asset )
13032 100 BS Current HO Purchasing -144630.65 144428.89 -201.76

13032 100 BS Current HO Payable -2287.52 -2287.52

14011 100 BS Inventory-Food(Store) 2280.26 2280.26

14012 100 BS Inventory-Beverage(Store) 5957.47 5957.47

14013 100 BS Inventory Cleaning Supply Store 520.56 520.56

14013 100 BS Inventory - Cleaning Supplies 291.34 291.34

14014 100 BS Inventory-Guest Supplies ( Store ) 1472.06 1472.06

14015 100 BS Inventory - Massage Oil 67.53 67.53

14017 100 BS Inventory - Printing Supplies ( Store ) 2159.42 2159.42

14019 100 BS Inventory-Diesel & Petrol ( Store ) 257.81 257.81

14019 100 BS Inventory Diesel,Petrol ( Generator ) 259.31 259.31

14020 100 BS Inventory-Gas 221.41 221.41

14021 100 BS Inventory - H.K'Guest Supplies 599.13 599.13

14023 100 BS Inventory Other Supply Store 2405.71 2405.71

14024 100 BS Inventory - Mini Bar ( Beverage ) 175.23 175.23

14024 100 BS Inventory - Mini Bar ( Food ) 71.93 71.93

14125 100 BS Operation - Food 4025.79 4025.79

14126 100 BS Operation - Beverage ( Bar ) 1603.45 1603.45

15012 100 BS Prepaid 71245.26 7655.56 78900.82

15115 100 BS Deposit from Tauck -12080.00 -12080.00

15115 100 BS AR Collection - Deposit -16876.96 -16876.96

16014 100 BS Staff Advance 4069.09 2361.60 6430.69

16015 100 BS Refund 2087.00 2087.00

16103 100 BS Supsend -14868.94 -52731.72 -67600.66

16303 100 BS Current A/C Cash Remittance -229325.99 229325.99 0.00

17098 100 BS F Asset F&B 10919.09 1363.64 12282.73

17101 100 BS F Asset ( Brick Fance ) 7401.00 7401.00

17101 100 BS F Asset Land & Building 17454.54 17454.54

17104 100 BS Fix Asset ( HK ) 13016.91 13016.91

17104 100 BS Fix Asset - Furniture & Fitting 75.00 75.00

18011 200 BS Account Payable - Lease Rental -4800.00 -4800.00

18011 200 BS Account Payable -Services Money -6250.83 -6250.83

18011 200 BS Account Payable -Commerical Tax -35249.63 -35249.63

18011 200 BS Account Payable - Columbus -15000.00 466595.00 451595.00

18011 200 BS Accrued Payable Hotel (Trade ) -26144.34 -26144.34

18011 200 BS Accrued Payable Hotel (Construction ) -4654.54 -4654.54

19014 200 BS Accrued Electricity -7450.31 -7450.31

19014 200 BS Account Payable - Office Rental (HO) -1727.18 -1727.18

19020 200 BS Accrued - Others 560.00 560.00

21102 200 BS Tip for Staff -30.78 -30.78

29999 200 BS Retain Earning -784481.23 162374.49 -622106.74

30101 1000 PL Room Revenue -21117.35 -21117.35

30101 1000 PL Room Revenue -103.13 -103.13

50101 1000 PL Salary & Wages ( HK ) 1351.07 1351.07

60101 1000 PL China,Glass & Silverware(HK) 532.96 532.96

60102 1000 PL Cleaning Supplies 253.12 253.12

60103 1000 PL Guest Supplies 282.72 282.72

60107 1000 PL Printing Supplies 78.13 78.13

60202 1000 PL Laundry 273.23 273.23

60203 1000 PL Linen ( HK ) 917.32 917.32

60204 1000 PL Uniform (A&G) 79.85 79.85

60301 1000 PL Postage,Telephone, e-mail 54.81 54.81

60303 1000 PL Transportation & Labour ( HK ) 202.20 202.20

60415 1000 PL Pest Control 237.60 237.60

60419 1000 PL Complimentory Fruit 34.92 34.92

60419 1000 PL Cost Of Minibar ( Food ) 266.79 266.79

60419 1000 PL Cost Of Minibar ( Beverage ) 95.32 95.32

61021 1000 PL Landscaping 943.11 943.11

62011 1000 PL Commission Exp 530.00 530.00

62013 1000 PL Utensil 859.57 859.57

62014 1000 PL Complimentry Food & Drink ( HK ) 128.80 128.80

69999 1000 PL Miscelleneous 93.50 93.50

31011 2000 PL Food Revenue -7463.39 -7463.39

32011 2000 PL Beverage Revenue -2175.92 -2175.92

41011 2000 PL Food Cost 2388.43 2388.43

42011 2000 PL Beverage Cost 703.03 703.03

50101 2000 PL Salary & Wages ( F&B ) 1314.53 1314.53

60101 2000 PL China,Glass & Silverware (F&B) 798.89 798.89

60102 2000 PL Cleaning 100.68 100.68

60103 2000 PL Guest Supply 31.02 31.02

60107 2000 PL Printing Supplies 20.09 20.09

60202 2000 PL Laundry 52.14 52.14

60204 2000 PL Uniform ( F&B ) 105.48 105.48

60301 2000 PL Postage,Telephone,e-mail 21.60 21.60

60303 2000 PL Transportation & Labour (F&B ) 173.46 173.46

60404 2000 PL Travelling Allowance ( F&B ) 100.00 100.00

60415 2000 PL Utential GAS Cost 111.27 111.27

62014 2000 PL Kitchen Equipment 934.56 934.56

69999 2000 PL Miscelleneous 103.88 103.88

30101 3200 PL Revenue - SPA -2000.00 -2000.00

50101 3200 PL Salary & Wages ( Spa ) 352.00 352.00

69999 3200 PL Miscellenous 3.82 3.82

30102 3300 PL Revenue - Others -781.09 -781.09

30102 3300 PL Other -Commerical & Services Money -5057.84 -5057.84

30102 3300 PL Other -Commerical Tax 1685.95 1685.95

30102 3300 PL Other -Services Money 3371.89 3371.89

30104 3300 PL Revenue - Transportation -278.26 -278.26

60103 3300 PL Guest Supplies ( Spa ) 29.80 29.80

64014 3300 PL Transportation Expense 141.35 141.35

64015 3300 PL Other Expense 656.49 656.49

69999 3300 PL Decoration & Flower ( Spa ) 153.74 153.74

69999 3300 PL Miscellaneous ( Spa ) 161.20 161.20

30101 3400 PL Revenue - Laundry -480.87 -480.87

40101 3400 PL Cost of Laundry 3.21 3.21

50101 3400 PL Salary & Wages ( Ldy ) 144.00 144.00

16015 4000 PL Staff Related Expense 319.99 117.36 437.35

50101 4000 PL Salary & Wages ( A&G ) 1233.93 2776.00 4009.93

60106 4000 PL Data Processing - Admin 8.00 8.00

60107 4000 PL Printing Supplies 61.78 9.82 71.60

60202 4000 PL Laundry 14.97 14.97

60301 4000 PL Postage,Telephone,e-mail 10.80 25.60 36.40

60303 4000 PL Transportation & Labour ( A&G ) 48.78 143.20 191.98

60403 4000 PL Audit Fees & Expenses 800.00 800.00

60404 4000 PL Travelling Allowance ( A&G ) 400.00 400.00

60408 4000 PL Bank Services Expenses 26.20 26.20

60410 4000 PL Man Power Development -Admin 210 210.00

60413 4000 PL Exchange A/C 929.46 8.00 937.46

60416 4000 PL Licenses & Tax 1551.01 1551.01

60422 4000 PL Present & Donation ( A&G ) 300.00 300.00

63011 4000 PL Rental -Office 400.00 400.00

63013 4000 PL Medical Expenses ( A&G ) 26.68 26.68

63015 4000 PL Staff Canteen Expenses 1715.02 1715.02

69999 4000 PL Miscellenous 41.28 7.04 48.32

16015 5000 PL Staff Related Exp - S&M 32 32.00

50101 5000 PL Salary & Wages - S & M 352.00 352.00

60106 5000 PL Data Processing - S&M 8 8.00

60107 5000 PL Printing & Stationery - S&M 9.82 9.82

60301 5000 PL Postage,Telephone, e-mail 9.09 20.00 29.09

69999 5000 PL Miscellaneous Exp: S & M 7.04 7.04

50101 6000 PL Salary & Wages ( Eng ) 818.20 818.20

60107 6000 PL Printing Supplies 6.29 6.29

60108 6000 PL Engineering Supply 1618.33 1618.33

60204 6000 PL Uniform ( Eng ) 79.85 79.85

60301 6000 PL Postage,Telephone,e-mail 10.80 10.80

60303 6000 PL Transport & Labour ( Eng ) 42.80 42.80

60404 6000 PL Travelling Allowance ( Eng ) 100.00 100.00

61011 6000 PL Maintenance Building 2675.53 2675.53

61018 6000 PL Maintenance WaterSupply 224.40 224.40

61019 6000 PL Painting & Renovation 735.28 735.28

61021 6000 PL Landscaping 1731.05 1731.05

61022 6000 PL Pool 84.00 84.00

61023 6000 PL Light & Bulb 701.20 701.20

62019 6000 PL Water land Cleaning Cost 320.00 320.00

69999 6000 PL Miscellenous 0.63 0.63

65012 7000 PL Utential Diesel 304.59 304.59

65013 7000 PL Electricity Chgs 2302.40 2302.40

70102 8000 PL Lease Rental 400.00 400.00

80105 9000 PL Reallocation - SPA 110.08 110.08

0.00 0.00 0.00
18204.36

99887.78

-2489.28

22368.41

-28956.96
-5307.99
 325.00

5307.99
0.00
 Villa Inle Resort & Spa
Balance Sheet as at July 31 , 2015

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 75
F Asset ( HK ) 13,017
F Asset ( F&B ) 12,283
F Asset Land & Building 17,455
Construction in Progress 99,888

FIXED ASSETS AND INTANGIBLES 150,118

2.0 CURRENT ASSETS

2.1 Accounts Receivable 18,204
2.2 Prepayments 78,901
2.3 Advances (Staff) 6,431
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 22,368
2.7 Cash in Hand 71,889
2.8 Cash at Bank -

TOTAL CURRENT ASSETS 197,793

TOTAL ASSETS 347,911.27
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (26,144)
Accounts Payable - Construction (4,655)
Accounts Payable - Trade columbus 451,595
Accounts Payable - Current Ho (2,489)
Accounts Payable - Services Money (6,251)
Accounts Payable - Commerical Tax (35,250)
Accounts Payable - Land Lease (4,800)
Accounts Payable -HO (Office) (1,727)
4.3 Accrued Expenses (7,450)
4.4 Provisions
4.5 Deposit Received (28,957)
4.6 Other Payable 2,616

TOTAL CURRENT LIABILITIES 268,887

NET ASSETS 616,799
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves -
General Reserves -
Opening Retaining Earning 622,107
Retained Earnings /(Loss) (5,308)
SHAREHOLDERS' INTEREST 616,799

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 July 2015
Amount (USD)
Revenue 39,458
Room Revenue 21,117.35
Mini Bar Revenue
Food & Beverage 9,639.31
Other Operation Department
Phone
SPA 2,000.00
Other 884.22
Transportation 278.26
Laundry 480.87
Other -Commerical & Services Money 5057.84

Total Revenue 39,458

Cost of Sale
Room Expenses 7,215
Salary & Wages ( HK ) 1,351.07
China,Glass & Silverware(HK) 532.96
Cleaning Supplies 253.12
Guest Supplies 282.72
Printing Supplies 78.13
Laundry 273.23
Linen ( HK ) 917.32
Uniform (A&G) 79.85
Postage,Telephone, e-mail 54.81
Transportation & Labour ( HK ) 202.20
Pest Control 237.60
Complimentory Fruit 34.92
Cost Of Minibar ( Food ) 266.79
Cost Of Minibar ( Beverage ) 95.32
Landscaping 943.11
Commission Exp 530.00
Utensil 859.57
Complimentry Food & Drink ( HK ) 128.80
Miscelleneous 93.50

Mini Bar Expenses -

 Mini Bar Cost -

Food & Beverage Expenses 6,959

Food Cost 2,388.43
Beverage Cost 703.03
Salary & Wages ( F&B ) 1,314.53
China,Glass & Silverware (F&B) 798.89
Cleaning 100.68
Guest Supply 31.02
Printing Supplies 20.09
Laundry 52.14
Uniform ( F&B ) 105.48
Postage,Telephone,e-mail 21.60
Transportation & Labour (F&B ) 173.46
Travelling Allowance ( F&B ) 100.00
Utential GAS Cost 111.27
Kitchen Equipment 934.56
Miscelleneous 103.88

Other Operation Department 1,756

Salary & Wages ( Spa ) 352.00
Reallocation - SPA 110.08
Miscellenous 3.82
Guest Supplies ( Spa ) 29.80
Transportation Expense 141.35
Other Expense 656.49
Decoration & Flower ( Spa ) 153.74
Miscellaneous ( Spa ) 161.20
Cost of Laundry 3.21
Salary & Wages ( Ldy ) 144.00

Tax & Services Money 5,058

Other -Commerical Tax 1,685.95
Other -Services Money 3,371.89

Total Cost of Sale 20,988

Gross Operating Profit 18,470

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 438
Salary & Wages - S & M 352.00
 Staff Related Exp - S&M 32.00
Data Processing - S&M 8.00
Printing & Stationery - S&M 9.82
Postage,Telephone, e-mail 29.09
Miscellaneous Exp: S & M 7.04

Maintance Expenses 9,148

Salary & Wages ( Eng ) 818.20
Printing Supplies 6.29
Engineering Supply 1618.33
Uniform ( Eng ) 79.85
Postage,Telephone,e-mail 10.80
Transport & Labour ( Eng ) 42.80
Travelling Allowance ( Eng ) 100.00
Maintenance Building 2675.53
Maintenance WaterSupply 224.40
Painting & Renovation 735.28
Landscaping 1731.05
Pool 84.00
Light & Bulb 701.20
Water land Cleaning Cost 320.00
Miscellenous 0.63

Admin & General Expenses 14,192

Salary & Wages ( A&G ) 4,009.93
Staff Related Exp 437.35
Data Processing - Admin 8.00
Printing Supplies 71.60
Laundry 14.97
Postage,Telephone,e-mail 36.40
Transportation & Labour ( A&G ) 191.98
Audit Fees & Expenses 800.00
Travelling Allowance ( A&G ) 400.00
Bank Services Expenses 26.20
Man Power Development -Admin 210.00
Exchange A/C 937.46
Licenses & Tax 1,551.01
Present & Donation ( A&G ) 300.00
Rental -Office 400.00
Medical Expenses ( A&G ) 26.68
Staff Canteen Expenses 1,715.02
 Miscellenous 48.32
Utential Diesel 304.59
Electricity Chgs 2,302.40
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 23,778

Net Operating Profit (5,308)

54.88
62.12
7.24
5.94
-1.3
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 August' 15
Opening YGN YGN (Kyat)
16015 4000 PL Staff Related Exp - Admin 43,000.00
50101 4000 PL Salary & Wages - Admin 3,470,000.00
16015 5000 PL Staff Related Exp - S&M 40,000.00
50101 5000 PL Salary & Wages - S & M 440,000.00
YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
34.40 -
2,776.00 -
32.00 -
352.00 -
 Coso Trail
34.40 - 34.40
2,776.00 - 2,776.00
32.00 - 32.00
352.00 - 352.00
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 August 2015

Opening
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( A&G )
63015 4000 PL Staff Canteen Expenses
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1,463.30 - 1,463.30 - 1,463.30
1,696.61 - 1,696.61 - 1,696.61
396.00 - 396.00 - 396.00
148.00 - 148.00 - 148.00
1,255.66 - 1,255.66 - 1,255.66
1,046.96 771.60 - 1,818.56 - 1,818.56
776.00 - 776.00 - 776.00
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31 August 2015

Inle YGN Total

11012 100 BS Cash in Hand 38080.30 20570.65 58650.94
11018 100 BS Deposit from Tauck -12080.00 -13575.96 -25655.96
13023 100 BS A/R Guest Ledger -Inle 640.38 8430.49 9070.87
13024 100 BS City Ledger ( Tauck ) 643.16 643.16
13024 100 BS City Ledger ( HO ) 1005291.46 -1005291.46 0.00
13024 100 BS City Ledger ( Agoda ) 4739.51 4739.51 14453.54
13027 100 BS Construction- pool 71224.87 71224.87
13027 100 BS Construction ( Laundry ) 3015.00 3015.00
13027 100 BS Construction- New Bar 3257.91 3257.91
13027 100 BS Construction: Second Phase 21727.27 21727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73 662.73

asset ) 99887.78
13032 100 BS Current HO Purchasing -151612.69 151410.93 -201.76
13032 100 BS Current HO Payable -4817.56 -4817.56 -5019.32
14011 100 BS Inventory-Food(Store) 4074.10 4074.10
14012 100 BS Inventory-Beverage(Store) 7152.23 7152.23
14013 100 BS Inventory Cleaning Supply Store 1088.68 1088.68
14013 100 BS Inventory - Cleaning Supplies 303.18 303.18
14014 100 BS Inventory-Guest Supplies ( Store ) 1333.22 1333.22
14015 100 BS Inventory - Massage Oil 141.36 141.36
14017 100 BS Inventory - Printing Supplies ( Store ) 2071.50 2071.50
14019 100 BS Inventory-Diesel & Petrol ( Store ) 304.37 304.37
14019 100 BS Inventory Diesel,Petrol ( Generator ) 167.71 167.71
14020 100 BS Inventory-Gas 217.43 217.43
14021 100 BS Inventory - H.K'Guest Supplies 657.19 657.19
14023 100 BS Inventory Other Supply Store 2499.06 2499.06
14024 100 BS Inventory - Mini Bar ( Beverage ) 233.91 233.91
14024 100 BS Inventory - Mini Bar ( Food ) 28.88 28.88
14125 100 BS Operation - Food 4876.10 4876.10
14126 100 BS Operation - Beverage ( Bar ) 1668.63 1668.63 26817.54
15012 100 BS Prepaid 70243.34 11402.36 81645.70
16014 100 BS Staff Advance 11831.10 2361.60 14192.70
16015 100 BS Refund 2087.00 2087.00
16103 100 BS Supsend -14868.94 -52731.72 -67600.66
16303 100 BS Current A/C Cash Remittance -229325.99 229325.99 0.00
17098 100 BS F Asset F&B 11391.09 1363.64 12754.73
17101 100 BS F Asset ( Brick Fance ) 7401.00 7401.00
17101 100 BS F Asset Land & Building 17454.54 17454.54
17104 100 BS Fix Asset ( HK ) 13016.91 13016.91
17104 100 BS Fix Asset - Furniture & Fitting 75.00 75.00
18011 200 BS Account Payable - Lease Rental -5200.00 -5200.00
18011 200 BS Account Payable -Services Money -6734.96 -6734.96
18011 200 BS Account Payable -Commerical Tax -37177.19 -37177.19
18011 200 BS Account Payable - Columbus -15000.00 478099.00 463099.00
18011 200 BS Accrued Payable Hotel (Trade ) -24348.12 -24348.12
18011 200 BS Accrued Payable Hotel (Second phase Constr -4654.54 -4654.54
19014 200 BS Accrued Electricity -9040.23 -9040.23
19014 200 BS Account Payable - Office Rental (HO) -2127.18 -2127.18
19020 200 BS Accrued - Others 0.00 0.00
21102 200 BS Tip for Staff -58.78 -58.78
29999 200 BS Retain Earning -784263.33 167464.57 -616798.76
7120.68
30101 1000 PL Room Revenue -23385.17 -23385.17
50101 1000 PL Salary & Wages ( HK ) 1463.30 1463.30
60102 1000 PL Cleaning Supplies 223.35 223.35
60103 1000 PL Guest Supplies 562.92 562.92
60201 1000 PL Printing Supplies 105.54 105.54
60202 1000 PL Laundry 262.17 262.17
60203 1000 PL Lenin for Pool 496.00 496.00
60301 1000 PL Postage,Telephone,e-mail 43.64 43.64
60303 1000 PL Transportation & Labour ( HK ) 230.38 230.38
60415 1000 PL Pest Control 0.00 0.00
60419 1000 PL Complimentory Food & Beverage 183.04 183.04
61021 1000 PL Landscaping 1126.72 1126.72
62014 1000 PL Utensial 457.60 457.60
69999 1000 PL Miscelleneous 74.49 74.49
31011 2000 PL Food Revenue -8665.55 -8665.55
32011 2000 PL Beverage Revenue -3458.83 -3458.83
41011 2000 PL Food Cost 2791.77 2791.77
42011 2000 PL Beverage Cost 842.54 842.54
50101 2000 PL Salary & Wages ( F&B ) 1696.61 1696.61
60102 2000 PL Cleaning Supply 40.56 40.56
60103 2000 PL Guest Supply 30.82 30.82
60107 2000 PL Printing Supplies 15.61 15.61
60202 2000 PL Laundry 38.90 38.90
60301 2000 PL Postage,Telephone,e-mail 21.60 21.60
60303 2000 PL Transportation & Labour (F&B ) 156.58 156.58
60415 2000 PL Utential GAS Cost 207.50 207.50
62013 2000 PL Utensal 253.44 253.44
69999 2000 PL Miscelleneous 183.04 183.04
30101 3200 PL Revenue - SPA -2039.13 -2039.13
50101 3200 PL Salary & Wages ( Spa ) 396.00 396.00
64015 3200 PL Other Expense 390.36 390.36
69999 3200 PL Printing Supplies 2.36 2.36
30102 3300 PL Revenue - Others -530.96 -530.96
30102 3300 PL Other -Commerical & Services Money -5782.69 -5782.69
30104 3300 PL Revenue - Transportation -460.00 -460.00
40101 3300 PL Cost Of Minibar ( Food ) 100.04 100.04
40101 3300 PL Cost Of Minibar ( Beverage ) 137.35 137.35
64012 3300 PL Transport Expenses 202.20 202.20
64015 3300 PL Service Money for August'15 3855.13 3855.13
64015 3300 PL Commercial Tax August'15 ) 1927.56 1927.56
69999 3300 PL Miscellaneous ( Spa ) 17.6 17.60
30101 3400 PL Revenue - Laundry -542.61 -542.61
40101 3400 PL Cost of Laundry 3.40 3.40
50101 3400 PL Salary & Wages ( Ldy ) 148.00 148.00
40101 3600 PL Cost of Sale - Souvenir 17.20 17.20
50101 4000 PL Salary & Wages ( A&G ) 1255.66 2776.00 4031.66
50102 4000 PL Staff Related Exp 228.88 34.40 263.28
60106 4000 PL Data Processing - Admin 8.00 8.00
60107 4000 PL Printing Supplies 56.03 56.03
60202 4000 PL Laundry 4.34 4.34
60301 4000 PL Postage,Telephone,e-mail 10.80 15.68 26.48
60303 4000 PL Transportation & Labour ( A&G ) 54.49 157.20 211.69
60408 4000 PL Bank Services Expenses 3.20 3.20
60410 4000 PL Man Power Deplovement 45.00 45.00
60413 4000 PL Exchange A/C -28.64 -348.00 -376.64
60416 4000 PL Licence & Tax 629.46 629.46
60422 4000 PL Present & Donation ( A&G ) 240.00 240.00
63011 4000 PL Rental -Office 400.00 400.00
63013 4000 PL Medical Expenses ( A&G ) 45.28 45.28
63015 4000 PL Staff Canteen Expenses 1818.56 1818.56
69999 4000 PL Miscelleneous 57.16 4.20 61.36
16015 5000 PL Staff Related Exp - S&M 32.00 32.00
50101 5000 PL Salary & Wages - S & M 352.00 352.00
60106 5000 PL Data Processing - S&M 8.00 8.00
60301 5000 PL Postage,Telephone, e-mail 78.88 15.68 94.56
60303 5000 PL Transportation - S&M 4.00 4.00
60404 5000 PL Travelling Allowance ( S&M ) 468.364 468.36
60412 5000 PL Entertainment,Gift & Donation - S & M 10.28 10.28
69999 5000 PL Miscellaneous Exp: S & M 4.20 4.20
50101 6000 PL Salary & Wages ( Eng ) 776.00 776.00
60107 6000 PL Printing Supplies 3.68 3.68
60108 6000 PL Engineering Supplies 1021.52 1021.52
60301 6000 PL Postage,Telephone,e-mail 10.80 10.80
60306 6000 PL Maintenance Motor Vehical Exp 80.80 80.80
61011 6000 PL Maintenance Building 2648.331104 2648.33
61013 6000 PL Maintenance Mechinical ( Eng ) 62.40 62.40
61017 6000 PL Maintenance Equipment 6.80 85.92 92.72
61018 6000 PL Maintenance Water Supply 18.40 18.40
61019 6000 PL Painting & Renovation 664.00 664.00
61021 6000 PL Landscaping 1830.63 1830.63
61022 6000 PL Pool 401.00 401.00
61023 6000 PL Light Bulb 33.24 33.24
62019 6000 PL Sewage & Rubbish Removal ( Eng ) 28.80 28.80
65012 7000 PL Utential Diesel 235.60 235.60
65013 7000 PL Electricity Chgs 2278.64 2278.64
70102 8000 PL Lease Rental 400.00 400.00

80105 9000 PL Reallocation - SPA 11.28 11.28

-7120.68

0.00 0.00 0.00 0.00

 Villa Inle Resort & Spa
Balance Sheet as at August 31 , 2015

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 75
F Asset ( HK ) 13,017
F Asset ( F&B ) 12,755
F Asset Land & Building 17,455
Construction in Progress 99,888

FIXED ASSETS AND INTANGIBLES 150,590

2.0 CURRENT ASSETS

2.1 Accounts Receivable 14,454
2.2 Prepayments 81,646
2.3 Advances (Staff) 14,193
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 26,818
2.7 Cash in Hand 58,651
2.8 Cash at Bank -

TOTAL CURRENT ASSETS 195,760

TOTAL ASSETS 346,350.39
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (24,348)
Accounts Payable - Construction (4,655)
Accounts Payable - Trade columbus 463,099
Accounts Payable - Current Ho (5,019)
Accounts Payable - Services Money (6,735)
Accounts Payable - Commerical Tax (37,177)
Accounts Payable - Land Lease (5,200)
Accounts Payable -HO (Office) (2,127)
4.3 Accrued Expenses (9,040)
4.4 Provisions
4.5 Deposit Received (25,656)
4.6 Other Payable 2,028

TOTAL CURRENT LIABILITIES 277,569

NET ASSETS 623,919
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves -
General Reserves -
Opening Retaining Earning 616,799
Retained Earnings /(Loss) 7,121
SHAREHOLDERS' INTEREST 623,919

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 August 2015

Revenue
Room Revenue 23,385.17
Mini Bar Revenue
Food & Beverage 12,124.38
Other Operation Department
Phone
SPA 2,039.13
Other 530.96
Transportation 460.00
Laundry 542.61
Other -Commerical & Services Money 5782.69

Total Revenue

Cost of Sale
Room Expenses
Salary & Wages ( HK ) 1,463.30
Cleaning Supplies 223.35
Guest Supplies 562.92
Printing Supplies 105.54
Laundry 262.17
496.00
Postage,Telephone,e-mail 43.64
Transportation & Labour ( HK ) 230.38
Pest Control -
Complimentory Food & Beverage 183.04
Landscaping 1,126.72
Utensial 457.60
Miscelleneous 74.49

Mini Bar Expenses

Mini Bar Cost 237.39

Food & Beverage Expenses

Food Cost 2,791.77
Beverage Cost 842.54
Salary & Wages ( F&B ) 1,696.61
Cleaning Supply 40.56
Guest Supply 30.82
Printing Supplies 15.61
Laundry 38.90
 Postage,Telephone,e-mail 21.60
Transportation & Labour (F&B ) 156.58
Utential GAS Cost 207.50
Utensal 253.44
Miscelleneous 183.04

Other Operation Department

Salary & Wages ( Spa ) 396.00
Reallocation - SPA 11.28
Other Expense 390.36
Printing Supplies 2.36
Transport Expenses 202.20
Miscellaneous ( Spa ) 17.60
Cost of Laundry 3.40
Salary & Wages ( Ldy ) 148.00
Cost of Sale - Souvenir 17.20

Tax & Services Money

Other -Commerical Tax 1,927.56
Other -Services Money 3,855.13

Total Cost of Sale

Gross Operating Profit

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing
Staff Related Exp - S&M 32.00
Salary & Wages - S & M 352.00
Data Processing - S&M 8.00
Postage,Telephone, e-mail 94.56
Transportation - S&M 4.00
Travelling Allowance ( S&M ) 468.36
Entertainment,Gift & Donation - S & M 10.28
Miscellaneous Exp: S & M 4.20

Maintance Expenses

Salary & Wages ( Eng ) 776.00

Printing Supplies 3.68
 Engineering Supplies 1021.52
Postage,Telephone,e-mail 10.80
Maintenance Motor Vehical Exp 80.80
Maintenance Building 2648.33
Maintenance Mechinical ( Eng ) 62.40
Maintenance Equipment 92.72
Maintenance Water Supply 18.40
Painting & Renovation 664.00
Landscaping 1830.63
Pool 401.00
Light Bulb 33.24
Sewage & Rubbish Removal ( Eng ) 28.80

Admin & General Expenses

Salary & Wages ( A&G ) 4,031.66
Staff Related Exp 263.28
Data Processing - Admin 8.00
Printing Supplies 56.03
Laundry 4.34
Postage,Telephone,e-mail 26.48
Transportation & Labour ( A&G ) 211.69
Bank Services Expenses 3.20
Man Power Deplovement 45.00
Exchange A/C (376.64)
Licence & Tax 629.46
Present & Donation ( A&G ) 240.00
Rental -Office 400.00
Medical Expenses ( A&G ) 45.28
Staff Canteen Expenses 1,818.56
Miscelleneous 61.36
Utential Diesel 235.60
Electricity Chgs 2,278.64
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses

Net Operating Profit

5
Amount (USD)
44,865

54.88
62.12
7.24
5.94
-1.3

44,865

5,229

237

6,279
 1,188

5,783

18,717

26,148

973

7,672
10,382

19,028

7,121
(0)
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 30 September' 15
Opening YGN
50101 4000 PL Salary & Wages - Admin
50102 4000 PL Staff Related Exp - Admin
50101 5000 PL Salary & Wages - S & M
50102 5000 PL Staff Related Exp - S&M
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
3,470,000.00 2,669.23 -
52,900.00 40.69 -
440,000.00 338.46 -
48,000.00 36.92 -
JV -Current (USD) Coso Trail
2,669.23 - 2,669.23
40.69 - 40.69
338.46 - 338.46
36.92 - 36.92
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 September 2015

Opening
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( A&G )
63015 4000 PL Staff Canteen Expenses
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1,446.30 - 1,446.30 - 1,446.30
1,467.99 - 1,467.99 - 1,467.99
406.82 - 406.82 - 406.82
142.31 - 142.31 - 142.31
1,180.45 - 1,180.45 - 1,180.45
908.38 858.98 - 1,767.36 - 1,767.36
728.54 - 728.54 - 728.54
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 30 September 2015

Inle YGN Total

11012 100 BS Cash in Hand 30997.64 21180.22 52177.86
11018 100 BS Deposit from Tauck -12080.00 -48810.96 -60890.96
13023 100 BS A/R Guest Ledger -Inle 5648.81 3576.45 9225.26
13024 100 BS City Ledger ( Tauck ) 643.16 643.16
13024 100 BS City Ledger ( HO ) 1015545.42 -1015545.42 0.00
13024 100 BS City Ledger ( Agoda ) 8250.41 8250.41
13027 100 BS Construction- pool 71224.87 71224.87
13027 100 BS Construction ( Laundry ) 3015.00 3015.00
13027 100 BS Construction- New Bar 3257.91 3257.91
13027 100 BS Construction: Second Phase 21727.27 21727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73 662.73

asset )
13032 100 BS Current HO Purchasing -158759.77 158558.01 -201.76
13032 100 BS Current HO Payable -3604.68 -3604.68
14011 100 BS Inventory-Food(Store) 3244.34 3244.34
14012 100 BS Inventory-Beverage(Store) 9002.99 9002.99
14013 100 BS Inventory Cleaning Supply Store 898.47 898.47
14013 100 BS Inventory - Cleaning Supplies 278.32 278.32
14014 100 BS Inventory-Guest Supplies ( Store ) 1249.05 1249.05
14015 100 BS Inventory - Massage Oil 114.14 114.14
14017 100 BS Inventory - Printing Supplies ( Store ) 4655.74 4655.74
14019 100 BS Inventory-Diesel & Petrol ( Store ) 129.05 129.05
14019 100 BS Inventory Diesel,Petrol ( Generator ) 126.17 126.17
14020 100 BS Inventory-Gas 179.60 179.60
14021 100 BS Inventory - H.K'Guest Supplies 538.47 538.47
14023 100 BS Inventory Other Supply Store 2493.97 2493.97
14024 100 BS Inventory - Mini Bar ( Beverage ) 182.83 182.83
14024 100 BS Inventory - Mini Bar ( Food ) 41.04 41.04
14125 100 BS Operation - Food 4176.99 4176.99
14126 100 BS Operation - Beverage ( Bar ) 1464.15 1464.15
15012 100 BS Prepaid 75299.13 11402.36 86701.48
15115 100 BS AR Collection - Deposit 0.00
16014 100 BS Staff Advance 109.24 2361.60 2470.84
16015 100 BS Refund 2087.00 2087.00
16103 100 BS Supsend -14868.94 -52731.72 -67600.66
16303 100 BS Current A/C Cash Remittance -238543.84 238543.84 0.00
17098 100 BS F Asset F&B 11391.09 1363.64 12754.73
17101 100 BS F Asset ( Brick Fance ) 7401.00 7401.00
17101 100 BS F Asset Land & Building 17454.54 17454.54
17104 100 BS Fix Asset ( HK ) 13016.91 13016.91
17104 100 BS Fix Asset - Furniture & Fitting 75.00 75.00
18011 200 BS Account Payable - Lease Rental -5600.00 -5600.00
18011 200 BS Account Payable -Services Money -5585.84 -5585.84
18011 200 BS Account Payable -Commerical Tax -35158.41 -35158.41
18011 200 BS Account Payable - Columbus -15000.00 506021.00 491021.00
18011 200 BS Accrued Payable Hotel (Trade ) -22416.21 -22416.21
18011 200 BS Accrued Payable Hotel (Second phase Constr -4654.54 -4654.54
19014 200 BS Accrued Electricity -7056.85 -7056.85
19014 200 BS Account Payable - Office Rental (HO) -2511.80 -2511.80
21102 200 BS Tip for Staff -58.78 -58.78
29999 200 BS Retain Earning -794546.76 170627.33 -623919.43

30101 1000 PL Room Revenue -15370.26 -15370.26

50101 1000 PL Salary & Wages ( HK ) 1446.30 1446.30
60102 1000 PL Cleaning Supplies 180.69 180.69
60103 1000 PL Guest Supplies 307.27 307.27
60201 1000 PL Printing Supplies 376.20 376.20
60202 1000 PL Laundry 576.47 576.47
60204 1000 PL Uniform for Room Dept 63.66 63.66
60301 1000 PL Postage,Telephone,e-mail 52.80 52.80
60415 1000 PL Pest Control 23.31 23.31
60419 1000 PL Complimentory Food & Beverage 193.75 193.75
61021 1000 PL Landscaping 2067.72 2067.72
62013 1000 PL Operation Utensils ( HK ) 3.46 3.46
64012 1000 PL Transportation & Labour ( HK ) 298.46 298.46
69999 1000 PL Miscelleneous 43.33 43.33
31011 2000 PL Food Revenue -6465.92 -6465.92
32011 2000 PL Beverage Revenue -2266.11 -2266.11
41011 2000 PL Food Cost 2434.52 2434.52
42011 2000 PL Beverage Cost 564.57 564.57
50101 2000 PL Salary & Wages ( F&B ) 1467.99 1467.99
60101 2000 PL China,Glass & Silverware 1947.10 1947.10
60102 2000 PL Cleaning Supply 124.65 124.65
60103 2000 PL Guest Supply 21.71 21.71
60107 2000 PL Printing Supplies 13.80 13.80
60202 2000 PL Laundry 15.21 15.21
60204 2000 PL Uniform for Room Dept 26.09 26.09
60301 2000 PL Postage,Telephone,e-mail 20.77 20.77
60415 2000 PL Utential GAS Cost 155.99 155.99
62013 2000 PL Utensal 333.08 333.08
62015 2000 PL Spoilage 9.06 9.06
62016 2000 PL Music & Entertainment 11.92 11.92
64012 2000 PL Transportation & Labour ( F&B ) 238.85 238.85
69999 2000 PL Miscellaneous 245.88 245.88
30101 3200 PL Revenue - SPA -1626.09 -1626.09
50101 3200 PL Salary & Wages ( Spa ) 406.82 406.82
69999 3200 PL Miscelleneous 328.31 328.31
30102 3300 PL Revenue - Others -391.93 -391.93
30102 3300 PL Other -Commerical & Services Money -4058.82 -4058.82
30104 3300 PL Revenue - Transportation -1137.39 -1137.39
40101 3300 PL Cost Of Minibar ( Food ) 25.07 25.07
40101 3300 PL Cost Of Minibar ( Beverage ) 121.63 121.63
64012 3300 PL Transport Expenses 467.88 467.88
64015 3300 PL Service Money for August'15 2705.88 2705.88
64015 3300 PL Comersial Tax for August'15 1352.94 1352.94
30101 3400 PL Revenue - Laundry -193.04 -193.04
40101 3400 PL Cost of Laundry 2.99 2.99
50101 3400 PL Salary & Wages ( Ldy ) 142.31 142.31
40101 3600 PL Cost of Sale - Souvenir 17.77 17.77
50101 4000 PL Salary & Wages ( A&G ) 1180.45 2669.23 3849.68
50102 4000 PL Staff Related Exp 111.48 40.69 152.17
60107 4000 PL Printing Supplies 51.67 41.46 93.13
60202 4000 PL Laundry 4.69 4.69
60202 4000 PL Data Processing - Admin 10.50 10.50
60204 4000 PL Uniform for Room Dept 18.97 18.97
60301 4000 PL Postage,Telephone, e-mail 18.07 18.07
60301 4000 PL Phone & Fax - Admin 15.08 15.08
60303 4000 PL Transportation - Admin 149.63 151.54 301.17
60408 4000 PL Bank Services Expenses 5.00 5.00
60410 4000 PL Complimentory Food & Beverage 0.00
60413 4000 PL Exchange A/C 235.33 115.38 350.71
60416 4000 PL Licence & Tax 348.00 348.00
60422 4000 PL Present & Donation ( Admin ) 92.31 92.31
63011 4000 PL Rental -Office 384.62 384.62
63013 4000 PL Medical Expenses ( Admin ) 3.85 3.85
63015 4000 PL Staff Canteen Expenses 1767.36 1767.36
64012 4000 PL Transportation & Labour ( Admin ) 0.00
69999 4000 PL Miscellaneous 50.77 6.38 57.16
50101 5000 PL Salary & Wages - S & M 338.46 338.46
50102 5000 PL Staff Related Exp - S&M 36.92 36.92
60201 5000 PL Printing & Stationery - S&M 20.69 20.69
60202 5000 PL Data Processing - S&M 10.50 10.50
60301 5000 PL Postage,Telephone, e-mail 23.37 23.37
60301 5000 PL Phone & Fax - S&M 15.08 15.08
60303 5000 PL Transportation - S&M 9.62 9.62
60404 5000 PL Travelling ( S&M ) 1872.20 54.00 1926.20
60407 5000 PL Advertising Exp: S & M 250.00 250.00
50101 6000 PL Salary & Wages ( Eng ) 728.54 728.54
60107 6000 PL Printing Supplies 0.16 0.16
60108 6000 PL Engineering Supplies 1356.82 350.00 1706.82
60109 6000 PL Hand Tools 28.37 28.37
60204 6000 PL Uniform for Room Dept 10.20 10.20
60301 6000 PL Postage,Telephone,e-mail 10.38 10.38
60306 6000 PL Motor Vehicle Expenses 60.38 60.38
61011 6000 PL Maintenance Building 2108.02 2108.02
61017 6000 PL Maintenance Equipment 105.62 16.15 121.77
61018 6000 PL Maintenance Water Supply 90.00 90.00
61019 6000 PL Painting & Renovation 463.38 463.38
61021 6000 PL Landscaping 1760.22 1760.22
61022 6000 PL Pool 134.62 76.92 211.54
65012 7000 PL Utential Diesel 345.76 345.76
65013 7000 PL Electricity Chgs 1805.15 1805.15
70102 8000 PL Lease Rental 400.00 400.00
80105 9000 PL Reallocation - SPA 36.97 36.97
0.00 0.00 0.00
18118.83

99887.78

-3806.44

28775.32
-7317.62
7317.62
 Villa Inle Resort & Spa
Balance Sheet as at September 30 , 2015

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 75
F Asset ( HK ) 13,017
F Asset ( F&B ) 12,755
F Asset Land & Building 17,455
Construction in Progress 99,888

FIXED ASSETS AND INTANGIBLES 150,590

2.0 CURRENT ASSETS

2.1 Accounts Receivable 18,119
2.2 Prepayments 86,701
2.3 Advances (Staff) 2,471
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 28,775
2.7 Cash in Hand 52,178
2.8 Cash at Bank -

TOTAL CURRENT ASSETS 188,244

TOTAL ASSETS 338,834.30
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (22,416)
Accounts Payable - Construction (4,655)
Accounts Payable - Trade columbus 491,021
Accounts Payable - Current Ho (3,806)
Accounts Payable - Services Money (5,586)
Accounts Payable - Commerical Tax (35,158)
Accounts Payable - Land Lease (5,600)
Accounts Payable -HO (Office) (2,512)
4.3 Accrued Expenses (7,057)
4.4 Provisions
4.5 Deposit Received (60,891)
4.6 Other Payable 2,028

TOTAL CURRENT LIABILITIES 277,768

NET ASSETS 616,602
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves -
General Reserves -
Opening Retaining Earning 623,919
Retained Earnings /(Loss) (7,318)
SHAREHOLDERS' INTEREST 616,602

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 September 2015

Revenue
Room Revenue 15,370.26
Mini Bar Revenue
Food & Beverage 8,732.03
Other Operation Department
Phone
SPA 1,626.09
Other 391.93
Transportation 1,137.39
Laundry 193.04
Other -Commerical & Services Money 4058.82

Total Revenue

Cost of Sale
Room Expenses
Salary & Wages ( HK ) 1446.30
Cleaning Supplies 180.69
Guest Supplies 307.27
Printing Supplies 376.20
Laundry 576.47
Uniform for Room Dept 63.66
Postage,Telephone,e-mail 52.80
Pest Control 23.31
Complimentory Food & Beverage 193.75
Landscaping 2067.72
Operation Utensils ( HK ) 3.46
Transportation & Labour ( HK ) 298.46
Miscelleneous 43.33

Mini Bar Expenses

Mini Bar Cost 146.70

Food & Beverage Expenses

Food Cost 2,434.52
Beverage Cost 564.57
Salary & Wages ( F&B ) 1,467.99
China,Glass & Silverware 1,947.10
Cleaning Supply 124.65
Guest Supply 21.71
Printing Supplies 13.80
Laundry 15.21
Uniform for Room Dept 26.09
 Postage,Telephone,e-mail 20.77
Utential GAS Cost 155.99
Utensal 333.08
Spoilage 9.06
Music & Entertainment 11.92
Transportation & Labour ( F&B ) 238.85
Miscellaneous 245.88

Other Operation Department

Salary & Wages ( Spa ) 406.82
Reallocation - SPA 36.97
Miscelleneous 328.31
Transport Expenses 467.88
Cost of Laundry 2.99
Salary & Wages ( Ldy ) 142.31
Cost of Sale - Souvenir 17.77

Tax & Services Money

Other -Commerical Tax 1,352.94
Other -Services Money 2,705.88

Total Cost of Sale

Gross Operating Profit

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing
Salary & Wages - S & M 338.46
Staff Related Exp - S&M 36.92
Printing & Stationery - S&M 20.69
Data Processing - S&M 10.50
Postage,Telephone, e-mail 23.37
Phone & Fax - S&M 15.08
Transportation - S&M 9.62
Travelling ( S&M ) 1,926.20
Advertising Exp: S & M 250.00

Maintance Expenses
Salary & Wages ( Eng ) 728.54
Printing Supplies 0.16
Engineering Supplies 1706.82
Hand Tools 28.37
Uniform for Room Dept 10.20
Postage,Telephone,e-mail 10.38
Motor Vehicle Expenses 60.38
 Maintenance Building 2108.02
Maintenance Equipment 121.77
Maintenance Water Supply 90.00
Painting & Renovation 463.38
Landscaping 1760.22
Pool 211.54

Admin & General Expenses

Salary & Wages ( A&G ) 3,849.68
Staff Related Exp 152.17
Printing Supplies 93.13
Laundry 4.69
Data Processing - Admin 10.50
Uniform for Room Dept 18.97
Postage,Telephone, e-mail 18.07
Phone & Fax - Admin 15.08
Transportation - Admin 301.17
Bank Services Expenses 5.00
Exchange A/C 350.71
Licence & Tax 348.00
Present & Donation ( Admin ) 92.31
Rental -Office 384.62
Medical Expenses ( Admin ) 3.85
Staff Canteen Expenses 1,767.36
Transportation & Labour ( Admin ) -
Miscellaneous 57.16
Utential Diesel 345.76
Electricity Chgs 1,805.15
Lease Rental 400.00
Total -Sale & Marketing , M&E and Admin & General Expenses

Net Operating Profit

15
Amount (USD)
31,510

54.88
62.12
7.24
5.94
-1.3

31,510

5,633

147

7,631
 1,403

4,059

18,873

12,636

2,631

7,300
10,023

19,954

(7,318)
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 October' 15
Opening YGN YGN (Kyat)
50101 4000 PL Salary & Wages - Admin 3,513,333.00
50102 4000 PL Staff Related Exp - Admin 71,600.00
50101 5000 PL Salary & Wages - S & M 440,000.00
50102 5000 PL Staff Related Exp - S&M 42,800.00
YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
2,702.56 -
55.08 -
338.46 -
32.92 -
 Coso Trail
2,702.56 - 2,702.56
55.08 - 55.08
338.46 - 338.46
32.92 - 32.92
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 October 2015

Opening
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( A&G )
63015 4000 PL Staff Canteen Expenses ( Admin )
50101 6000 PL Salary & Wages ( Eng )

1,313,757.73 1,313,757.73
(0.00)
 USD JV Coso
1,506.28 - 1,506.28 -
1,607.31 - 1,607.31 -
383.97 - 383.97 -
142.31 - 142.31 -
1,133.59 - 1,133.59 -
985.92 42.69 1057.39 - 2,043.31 42.69
851.54 - 851.54 -

131,277.59 131,277.59 287,348.07 287,348.07 1,732,383.40 1,732,383.40

(0.00) - (0.00)
1,506.28
1,607.31
383.97
142.31
1,133.59
2,000.62
851.54

(0.00)
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31 October 2015

Inle YGN Total

11012 100 BS Cash in Hand 76161.91 4167.31 80329.22
11018 100 BS Deposit from Tauck -12080.00 -12080.00
13023 100 BS A/R Guest Ledger -Inle 12216.32 1157.53 13373.85
13024 100 BS City Ledger ( Tauck ) 11953.16 11953.16
13024 100 BS City Ledger ( HO ) 1089185.50 -1089185.50 0.00
13024 100 BS City Ledger ( Agoda ) 16102.69 16102.69
13027 100 BS Construction- pool 71224.87 662.73 71887.59
13027 100 BS Construction ( Laundry ) 3015.00 3015.00
13027 100 BS Construction- New Bar 3257.91 3257.91
13027 100 BS Construction: Second Phase 21727.27 21727.27
13032 100 BS Current HO Purchasing -169814.49 169612.56 -201.93
13032 100 BS Current HO Payable -5255.74 -5255.74
14011 100 BS Inventory-Food(Store) 3781.87 3781.87
14012 100 BS Inventory-Beverage(Store) 7670.67 7670.67
14013 100 BS Inventory Cleaning Supply Store 1596.54 1596.54
14013 100 BS Inventory - Cleaning Supplies 223.18 223.18
14014 100 BS Inventory-Guest Supplies ( Store ) 1857.94 1857.94
14015 100 BS Inventory - Massage Oil 90.89 90.89
14016 100 BS Inventory - Souvier 25.00 25.00
14017 100 BS Inventory - Printing Supplies ( Store ) 4443.26 4443.26
14019 100 BS Inventory-Diesel & Petrol ( Store ) 55.66 55.66
14019 100 BS Inventory Diesel,Petrol ( Generator ) 140.45 140.45
14020 100 BS Inventory-Gas 177.24 177.24
14021 100 BS Inventory - H.K'Guest Supplies 517.18 517.18
14023 100 BS Inventory Other Supply Store 2308.14 2308.14
14024 100 BS Inventory - Mini Bar ( Beverage ) 219.58 219.58
14024 100 BS Inventory - Mini Bar ( Food ) 39.16 39.16
14125 100 BS Operation - Food 3326.76 3326.76
14126 100 BS Operation - Beverage ( Bar ) 1538.74 1538.74
15012 100 BS Prepaid 70877.01 11402.36 82279.36
15115 100 BS AR Collection - Deposit -107978.96 -107978.96
16014 100 BS Staff Advance 10333.09 2361.60 12694.69
16015 100 BS Refund 4507.00 4507.00
16103 100 BS Supsend -14868.94 -52731.72 -67600.66
16303 100 BS Current A/C Cash Remittance -283568.84 283568.84 0.00
17098 100 BS F Asset F&B 11391.09 1363.64 12754.73
17101 100 BS F Asset ( Brick Fance ) 7401.00 7401.00
17101 100 BS F Asset Land & Building 17454.54 17454.54
17102 100 BS FA - Office Equipment - Admin 382.69 382.69
17104 100 BS Fix Asset ( HK ) 13016.91 13016.91
18011 200 BS Account Payable - Lease Rental -6000.00 -6000.00
18011 200 BS Account Payable -Services Money -14339.12 -14339.12
18011 200 BS Account Payable -Commerical Tax -39534.93 -39534.93
18011 200 BS Account Payable - Columbus -15000.00 596902.00 581902.00
18011 200 BS Accrued Payable Hotel (Trade ) -23747.19 -23747.19
18011 200 BS Accrued Payable Hotel (Second phase Constr -4654.54 -4654.54
19014 200 BS Accrued Electricity -8013.00 -8013.00
19014 200 BS Account Payable - Office Rental (HO) -2896.41 -2896.41
21102 200 BS Tip for Staff -58.78 -58.78
29999 200 BS Retain Earning -791462.76 174860.94 -616601.82

30101 1000 PL Room Revenue -80158.03 -80158.03

30101 1000 PL Room Revenue -103.13 -103.13
50101 1000 PL Salary & Wages ( HK ) 1506.28 1506.28
60102 1000 PL Cleaning Supply 342.13 342.13
60103 1000 PL Guest Supplies 783.23 783.23
60107 1000 PL Printing Supplies 275.12 275.12
60202 1000 PL Laundry 494.84 494.84
60204 1000 PL Uniform for Room Dept 63.66 63.66
60301 1000 PL Postage,Telephone,e-mail 44.61 44.61
60410 1000 PL Complimentory Food & Beverage 1216.25 1216.25
60415 1000 PL Pest Control 76.95 76.95
61021 1000 PL Landscaping 19.08 19.08
62011 1000 PL Room Commission 82.50 82.50
62013 1000 PL Utensal 120.77 120.77
62013 1000 PL Operation Utensal 60.77 60.77
62022 1000 PL Flower & Decoration 424.62 424.62
64012 1000 PL Transportation & Labour ( HK ) 338.08 338.08
69999 1000 PL Miscellaneous 428.52 428.52
31011 2000 PL Food Revenue -20892.71 -20892.71
32011 2000 PL Beverage Revenue -7563.26 -7563.26
41011 2000 PL Food Cost 6920.79 6920.79
42011 2000 PL Beverage Cost 2115.00 2115.00
50101 2000 PL Salary & Wages ( F&B ) 1607.31 1607.31
60102 2000 PL Cleaning Supply 61.51 61.51
60103 2000 PL Guest Supply 44.75 44.75
60107 2000 PL Printing Supplies 53.93 53.93
60202 2000 PL Laundry 34.24 34.24
60204 2000 PL Uniform for Room Dept 26.09 26.09
60301 2000 PL Postage,Telephone,e-mail 20.77 20.77
62013 2000 PL Operation Utensal 472.08 472.08
62015 2000 PL Spoilage 0.00 0.00

62016 2000 PL Music & Royalities ( F&B ) 142.31 142.31

64012 2000 PL Transportation & Labour ( F&B ) 234.62 234.62

60415 2000 PL Gas & Charcol 297.74 297.74

69999 2000 PL Miscellaneous 309.11 309.11
30101 3100 PL Revenue - Phone -12.17 -12.17
30101 3200 PL Revenue - SPA -3577.39 -3577.39
50101 3200 PL Salary & Wages ( Spa ) 383.97 383.97
69999 3200 PL Miscelleneous ( Spa ) 50.62 50.62
30102 3300 PL Revenue - Others -2122.75 -2122.75
30102 3300 PL Other -Commerical & Services Money -17188.93 -17188.93
30104 3300 PL Revenue - Transportation -583.48 -583.48
40101 3300 PL Cost Of Minibar ( Food ) 63.67 63.67
40101 3300 PL Cost Of Minibar ( Beverage ) 223.01 223.01
64012 3300 PL Transport Expenses 225.39 225.39
64015 3300 PL Other Expense 572.41 572.41
64015 3300 PL Commercial Tax for October'15 5729.64 5729.64
64015 3300 PL Service Money for October'15 11459.28 11459.28
30101 3400 PL Revenue - Laundry -960.87 -960.87
40101 3400 PL Cost of Laundry 13.04 13.04
50101 3400 PL Salary & Wages ( Ldy ) 142.31 142.31
40101 3600 PL Cost of Sale - Souvenir 396.46 396.46
50101 4000 PL Salary & Wages ( A&G ) 1133.59 2702.56 3836.15
50102 4000 PL Staff Related Exp 243.48 55.08 298.56
60107 4000 PL Printing Supplies 97.02 8.25 105.27
60202 4000 PL Laundry 5.92 5.92
60202 4000 PL Data Processing - Admin 15.38 15.38
60204 4000 PL Uniform for Room Dept 18.97 18.97
60301 4000 PL Postage,Telephone, e-mail 17.80 45.08 62.88
60303 4000 PL Transportation - Admin 120.30 74.23 194.53
60404 4000 PL Travelling ( Admin ) 307.69 307.69
60408 4000 PL Bank Services Expenses 45.31 45.31
60410 4000 PL Complimentory Food & Beverage 20.70 20.70
60413 4000 PL Exchange A/C 337.02 748.31 1085.32
60416 4000 PL Licence & Tax 348.00 348.00
63011 4000 PL Rental -Office 384.62 384.62
63013 4000 PL Medical Expenses ( Admin ) 11.38 11.38
63015 4000 PL Staff Canteen Expenses ( Admin ) 2000.62 2000.62
69999 4000 PL Miscelleneous 38.62 29.96 68.58
50101 5000 PL Salary & Wages - S & M 338.46 338.46
50102 5000 PL Staff Related Exp - S&M 32.92 32.92
60107 5000 PL Printing & Stationery - S&M 5.67 5.67
60202 5000 PL Data Processing - S&M 15.38 15.38
60301 5000 PL Postage,Telephone, e-mail 7.84 50.46 58.30
60303 5000 PL Transportation & Labour: S & M 30.77 30.77
60414 5000 PL Travelling Expense ( S&M ) 1761.40 1761.40
69999 5000 PL Miscellaneous Exp: S & M 4.88 4.88
50101 6000 PL Salary & Wages ( Eng ) 851.54 851.54
60107 6000 PL Printing Supplies 4.14 4.14
60108 6000 PL Engineering Supplies 481.38 481.38
60204 6000 PL Uniform for Eng Dept 19.43 19.43
60301 6000 PL Postage,Telephone,e-mail 10.38 10.38
61011 6000 PL Maintenance Building 2210.35 2210.35
61018 6000 PL Maintenance Water Supply 280.00 280.00
61019 6000 PL Painting & Renovation 37.12 37.12
61021 6000 PL Landscaping 3082.14 3082.14
61022 6000 PL Swimming Pool 225.38 225.38
61023 6000 PL Light & Bulb 524.16 524.16
65012 7000 PL Utential Diesel 187.34 187.34
65013 7000 PL Electricity Chgs 2756.23 2756.23
70102 8000 PL Lease Rental 400.00 400.00
80105 9000 PL Reallocation - SPA 69.17 69.17

0.00 0.00 0.00

-120058.96

41429.70

99887.78

-5457.66

28012.27
73088.81
-73088.81
0.00
0.00
 Villa Inle Resort & Spa
Balance Sheet as at October 31 , 2015

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 383
F Asset ( HK ) 13,017
F Asset ( F&B ) 12,755
F Asset Land & Building 17,455
Construction in Progress 99,888

FIXED ASSETS AND INTANGIBLES 150,898

2.0 CURRENT ASSETS

2.1 Accounts Receivable 41,430
2.2 Prepayments 82,279
2.3 Advances (Staff) 12,695
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 28,012
2.7 Cash in Hand 80,329
2.8 Cash at Bank -

TOTAL CURRENT ASSETS 244,745

TOTAL ASSETS 395,642.89
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (23,747)
Accounts Payable - Construction (4,655)
Accounts Payable - Trade columbus 581,902
Accounts Payable - Current Ho (5,458)
Accounts Payable - Services Money (14,339)
Accounts Payable - Commerical Tax (39,535)
Accounts Payable - Land Lease (6,000)
Accounts Payable -HO (Office) (2,896)
4.3 Accrued Expenses (8,013)
4.4 Provisions
4.5 Deposit Received (120058.96)
4.6 Other Payable 4,448

TOTAL CURRENT LIABILITIES 294,048

NET ASSETS 689,691
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves 616,602
General Reserves 73,089
Opening Retaining Earning
Retained Earnings /(Loss)
SHAREHOLDERS' INTEREST 689,691

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 October 2015
Amount (USD)
Revenue 133,163
Room Revenue 80,261.16
Mini Bar Revenue
Food & Beverage 28,455.97
Other Operation Department
Phone 12.17
SPA 3,577.39
Other 2,122.75
Transportation 583.48
Laundry 960.87
Other -Commerical & Services Money 17188.93

Total Revenue 133,163

Cost of Sale
Room Expenses 6,277
Salary & Wages ( HK ) 1506.28
Cleaning Supply 342.13
Guest Supplies 783.23
Printing Supplies 275.12
Laundry 494.84
Uniform for Room Dept 63.66
Postage,Telephone,e-mail 44.61
Complimentory Food & Beverage 1216.25
Pest Control 76.95
Landscaping 19.08
Room Commission 82.50
Utensal 120.77
Operation Utensal 60.77
Flower & Decoration 424.62
Transportation & Labour ( HK ) 338.08
Miscellaneous 428.52

Mini Bar Expenses 287

Mini Bar Cost 286.68

Food & Beverage Expenses 12,340

Food Cost 6,920.79
 Beverage Cost 2,115.00
Salary & Wages ( F&B ) 1,607.31
Cleaning Supply 61.51
Guest Supply 44.75
Printing Supplies 53.93
Laundry 34.24
Uniform for Room Dept 26.09
Postage,Telephone,e-mail 20.77
Operation Utensal 472.08
Gas & Charcol 297.74
Spoilage -
Music & Royalities ( F&B ) 142.31
Transportation & Labour ( F&B ) 234.62
Miscellaneous 309.11

Other Operation Department 1,853

Reallocation - SPA 69.17
Salary & Wages ( Spa ) 383.97
Miscelleneous ( Spa ) 50.62
Transport Expenses 225.39
Other Expense 572.41
Cost of Laundry 13.04
Salary & Wages ( Ldy ) 142.31
Cost of Sale - Souvenir 396.46

Tax & Services Money 17,189

Other -Commerical Tax 5,729.64
Other -Services Money 11,459.28

Total Cost of Sale 37,947

Gross Operating Profit 95,216

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 2,248
Salary & Wages - S & M 338.46
Staff Related Exp - S&M 32.92
Printing & Stationery - S&M 5.67
Data Processing - S&M 15.38
Postage,Telephone, e-mail 58.30
Transportation & Labour: S & M 30.77
Travelling Expense ( S&M ) 1,761.40
Miscellaneous Exp: S & M 4.88
 Maintance Expenses 7,726
Salary & Wages ( Eng ) 851.54
Printing Supplies 4.14
Engineering Supplies 481.38
Uniform for Eng Dept 19.43
Postage,Telephone,e-mail 10.38
Maintenance Building 2210.35
Maintenance Water Supply 280.00
Painting & Renovation 37.12
Landscaping 3082.14
Swimming Pool 225.38
Light & Bulb 524.16

Admin & General Expenses 12,153

Salary & Wages ( A&G ) 3,836.15
Staff Related Exp 298.56
Printing Supplies 105.27
Laundry 5.92
Data Processing - Admin 15.38
Uniform for Room Dept 18.97
Postage,Telephone, e-mail 62.88
Transportation - Admin 194.53
Travelling ( Admin ) 307.69
Bank Services Expenses 45.31
Complimentory Food & Beverage 20.70
Exchange A/C 1,085.32
Licence & Tax 348.00
Rental -Office 384.62
Medical Expenses ( Admin ) 11.38
Staff Canteen Expenses ( Admin ) 2,000.62
Miscelleneous 68.58
Utential Diesel 187.34
Electricity Chgs 2,756.23
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 22,127

Net Operating Profit 73,089

54.88
62.12
7.24
5.94
-1.3

###
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 30 November' 15
Opening YGN
50101 4000 PL Salary & Wages - Admin
50102 4000 PL Staff Related Exp - Admin
50101 5000 PL Salary & Wages - S & M
50102 5000 PL Staff Related Exp - S&M
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
3,465,000.00 2,665.38 -
43,600.00 33.54 -
440,000.00 338.46 -
39,600.00 30.46 -
JV -Current (USD) Coso Trail
2,665.38 - 2,665.38
33.54 - 33.54
338.46 - 338.46
30.46 - 30.46
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 November 2015

Opening
63015 4000 PL Operating-Staff Canteen
 USD JV Coso
1117.0769231 - 947.54 2,064.62 -
2,064.62
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 30th November 2015

Inle YGN Total

11012 100 BS Cash in Hand 136843.45 11733.54 148576.99
11018 100 BS Deposit from Tauck -12080.00 -12080.00
15018 100 BS AR Collection - Deposit -80668.96 -80668.96
13023 100 BS A/R Guest Ledger -Inle 14291.74 -8033.97 6257.77
13024 100 BS City Ledger ( Tauck ) 23818.16 23818.16
13024 100 BS City Ledger ( HO ) 1235613.00 -1235613.00 0.00
13024 100 BS City Ledger ( Agoda ) 2215.08 2215.08
13027 100 BS Construction- pool 66911.60 66911.60
13027 100 BS Construction ( Laundry ) 2110.50 2110.50
13027 100 BS Construction- New Bar 2280.54 2280.54
13027 100 BS Construction: Second Phase 21727.27 21727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73 662.73

asset )
13032 100 BS Current HO Purchasing -190560.87 190358.94 -201.93
13032 100 BS Current HO Payable -8934.58 -8934.58
14011 100 BS Inventory-Food(Store) 4410.54 4410.54
14012 100 BS Inventory-Beverage(Store) 7646.32 7646.32
14013 100 BS Inventory Cleaning Supply Store 1447.71 1447.71
14013 100 BS Inventory - Cleaning Supplies 368.97 368.97
14014 100 BS Inventory-Guest Supplies ( Store ) 1729.92 1729.92
14015 100 BS Inventory - Massage Oil 143.09 143.09
14016 100 BS Inventory - Souvier 5.00 5.00
14017 100 BS Inventory - Printing Supplies ( Store ) 4180.77 4180.77
14019 100 BS Inventory-Diesel & Petrol ( Store ) 138.24 138.24
14019 100 BS Inventory Diesel,Petrol ( Generator ) 139.99 139.99
14020 100 BS Inventory-Gas 295.39 295.39
14021 100 BS Inventory - H.K'Guest Supplies 625.28 625.28
14023 100 BS Inventory Other Supply Store 2130.05 2130.05
14024 100 BS Inventory - Mini Bar ( Beverage ) 200.10 200.10
14024 100 BS Inventory - Mini Bar ( Food ) 26.01 26.01
14125 100 BS Operation - Food 6222.79 6222.79
14126 100 BS Operation - Beverage ( Bar ) 1848.89 1848.89
15012 100 BS Prepaid 64677.37 11402.36 76079.72
16014 100 BS Staff Advance 609.24 2361.60 2970.84
16015 100 BS Refund 4507.00 4507.00
16103 100 BS Supsend -14868.94 -52731.72 -67600.66
16303 100 BS Current A/C Cash Remittance -309343.84 309343.84 0.00
17098 100 BS F Asset F&B 11391.09 1363.64 12754.73
17101 100 BS F Asset ( Brick Fance ) 7401.00 7401.00
17101 100 BS F Asset Land & Building 17454.54 17454.54
17102 100 BS FA - Office Equipment - Admin 382.69 382.69
17104 100 BS Fix Asset ( HK ) 19160.91 19160.91
18011 200 BS Account Payable - Lease Rental -6400.00 -6400.00
18011 200 BS Account Payable -Services Money -21633.61 -21633.61
18011 200 BS Account Payable -Commerical Tax -48911.68 -48911.68
18011 200 BS Account Payable - Columbus -15000.00 670733.00 655733.00
18011 200 BS Accrued Payable Hotel (Trade ) -24823.67 -24823.67
18011 200 BS Accrued Payable Hotel (Second phase Constr -3116.08 -3116.08
19014 200 BS Accrued Electricity -8257.62 -8257.62
19014 200 BS Account Payable - Office Rental (HO) -3281.03 -3281.03
21102 200 BS Tip for Staff -168.25 -168.25
29999 200 BS Retain Earning -868754.29 179063.66 -689690.63
30101 1000 PL Room Revenue -133160.02 -133160.02
30101 1000 PL Room Revenue 0.00
50101 1000 PL Salary & Wages ( HK ) 1737.47 1737.47
60102 1000 PL Cleaning Supplies 229.27 229.27
60103 1000 PL Guest Supplies 792.45 792.45
60107 1000 PL Printing Supplies 156.14 156.14
60202 1000 PL Laundry 739.28 739.28
60204 1000 PL Uniform for Room Dept 63.66 63.66
60301 1000 PL Postage,Telephone,e-mail 52.94 52.94
60303 1000 PL Transportation & Labour ( HK ) 1777.09 1777.09
60402 1000 PL Flowers & Decoration ( HK ) 1000.00 1000.00
60415 1000 PL Pest Control 118.85 118.85
60419 1000 PL Complimentory Food & Beverage 723.08 723.08
61021 1000 PL Landscaping 39.69 39.69
62011 1000 PL Room Commission Fee 312.00 312.00
69999 1000 PL Miscellaneous 557.94 557.94
21013 2000 PL Kitchen Utensils 34.62 34.62
31011 2000 PL Food Revenue -31671.07 -31671.07
32011 2000 PL Beverage Revenue -14237.48 -14237.48
41011 2000 PL Food Cost 8132.22 8132.22
42011 2000 PL Beverage Cost 3199.11 3199.11
50101 2000 PL Salary & Wages ( F&B ) 1765.26 1765.26
60102 2000 PL Cleaning Supply 52.09 52.09
60103 2000 PL Guest Supply 54.56 54.56
60107 2000 PL Printing Supplies 56.89 56.89
60202 2000 PL Laundry 65.46 65.46
60204 2000 PL Uniform for Room Dept 26.09 26.09
60301 2000 PL Postage,Telephone, e-mail 38.95 38.95
60303 2000 PL Transportation & Labour ( F&B ) 332.31 332.31
60415 2000 PL Utential GAS Cost 236.31 236.31
62013 2000 PL Operation Utensal 226.92 226.92
62015 2000 PL Spoilage 24.20 24.20
62016 2000 PL Music & Royalities ( F&B ) 142.31 142.31
69999 2000 PL Miscellaneous 662.43 662.43
30101 3100 PL Revenue - Phone 0.00 0.00
30101 3200 PL Revenue - SPA -5525.22 -5525.22
50101 3200 PL Salary & Wages ( Spa ) 323.08 323.08
69999 3200 PL Decoration & Flower ( Spa ) 3.85 3.85
69999 3200 PL Printing Supplies 0.08 0.08
69999 3200 PL Miscelleneous 4.70 4.70
30102 3300 PL Revenue - Others -2731.98 -2731.98
30102 3300 PL Other -Commerical & Services Money -28130.24 -28130.24
30104 3300 PL Revenue - Transportation -823.48 -823.48
40101 3300 PL Cost Of Minibar ( Food ) 89.15 89.15
40101 3300 PL Cost Of Minibar ( Beverage ) 324.69 324.69
64012 3300 PL Transport Expenses 449.38 449.38
64015 3300 PL Service Money for November'15 18753.49 18753.49
64015 3300 PL Comersial Tax for August'15 9376.75 9376.75
64015 3300 PL Other Expense 1079.81 1079.81
30101 3400 PL Revenue - Laundry -1435.65 -1435.65
40101 3400 PL Cost of Laundry 20.13 20.13
50101 3400 PL Salary & Wages ( Ldy ) 142.31 142.31
50101 4000 PL Salary & Wages - Admin 1150.25 2665.38 3815.63
50102 4000 PL Staff Related Exp 184.45 33.54 217.98
60107 4000 PL Printing Supplies 120.23 15.52 135.75
60202 4000 PL Laundry 9.27 9.27
60202 4000 PL Data Processing - Admin 7.69 7.69
60204 4000 PL Uniform for Room Dept 18.97 18.97
60301 4000 PL Postage,Telephone, e-mail 235.54 14.92 250.46
60303 4000 PL Transportation & Labour: Admin 71.23 71.23
60403 4000 PL Audit Fees & Expenses 233.85 233.85
60408 4000 PL Bank Charges 652.44 30.00 682.44
60410 4000 PL Complimentory Food & Beverage 200.55 200.55
60413 4000 PL Exchange A/C 1064.65 83.08 1147.72
60414 4000 PL Travelling Allowance ( A&G ) 2083.73 2083.73
60416 4000 PL Licence & Tax 348.00 348.00
60422 4000 PL Present & Donation ( Admin ) 339.23 339.23
63011 4000 PL Rental -Office 384.62 384.62
63013 4000 PL Medical Expenses ( Admin ) 9.69 9.69
63015 4000 PL Operating-Staff Canteen 2064.62 2064.62
69999 4000 PL Miscellaneous ( Admin ) 68.19 2.88 71.07
50101 5000 PL Salary & Wages - S & M 338.46 338.46
50102 5000 PL Staff Related Exp - S&M 30.46 30.46
60107 5000 PL Printing & Stationery - S&M 16.83 16.83
60202 5000 PL Data Processing - S&M 7.69 7.69
60301 5000 PL Postage,Telephone, e-mail 45.60 14.92 60.52
60303 5000 PL Transportation & Labour: S & M 30.77 30.77
60407 5000 PL Advertising 1472.00 460.00 1932.00
60414 5000 PL Travelling Expense ( S&M ) 1761.40 1761.40
69999 5000 PL Miscellaneous Exp: S & M 1.23 1.23
50101 6000 PL Salary & Wages ( Eng ) 902.23 902.23
60107 6000 PL Printing Supplies 3.78 3.78
60108 6000 PL Engineering Supplies 2323.28 2323.28
60204 6000 PL Uniform for Room Dept 10.20 10.20
60301 6000 PL Postage,Telephone,e-mail 10.38 10.38
60303 6000 PL Transportation & Labour ( Eng ) 192.31 192.31
60306 6000 PL Maintenance Motor Vechial 65.38 2.31 67.69
61011 6000 PL Maintenance Building 8774.21 8774.21
61017 6000 PL Maintenance Equipment 107.46 8.46 115.93
61018 6000 PL Maintenance WaterSupply 36.50 36.50
61019 6000 PL Painting & Renovation 24.23 24.23
61021 6000 PL Landscaping 2154.07 2154.07
61022 6000 PL Pool 189.62 189.62
61023 6000 PL Light Bulb 2205.08 2205.08
69999 6000 PL Miscelleneous 8.94 8.94
65012 7000 PL Utential Diesel 183.53 183.53
65013 7000 PL Electricity Chgs 2992.38 2992.38
70102 8000 PL Lease Rental 400.00 400.00
80105 9000 PL Reallocation - SPA 136.44 136.44

0.00 0.00 0.00

-92748.96
2981.74 -9618.26

32291.01

93692.64

-9136.51

31559.08

126795.47
(126,795.47)
0.00
 Villa Inle Resort & Spa
Balance Sheet as at November 30 , 2015

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 383
F Asset ( HK ) 19,161
F Asset ( F&B ) 12,755
F Asset Land & Building 17,455
Construction in Progress 93,693

FIXED ASSETS AND INTANGIBLES 150,847

2.0 CURRENT ASSETS

2.1 Accounts Receivable 32,291
2.2 Prepayments 76,080
2.3 Advances (Staff) 2,971
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 31,559
2.7 Cash in Hand 148,577
2.8 Cash at Bank

TOTAL CURRENT ASSETS 291,478

TOTAL ASSETS 442,324.16
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (24,824)
Accounts Payable - Construction (3,116)
Accounts Payable - Trade columbus 655,733
Accounts Payable - Current Ho (9,137)
Accounts Payable - Services Money (21,634)
Accounts Payable - Commerical Tax (48,912)
Accounts Payable - Land Lease (6,400)
Accounts Payable -HO (Office) (3,281)
4.3 Accrued Expenses (8,258)
4.4 Provisions
4.5 Deposit Received (92748.96)
4.6 Other Payable 4,339

TOTAL CURRENT LIABILITIES 374,162

NET ASSETS 816,486
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 689,691
Retained Earnings /(Loss) 126,795
SHAREHOLDERS' INTEREST 816,486

(0.00)
 240.14
7.2042
247.344
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 November 2015
Amount (USD)
Revenue -
Room Revenue 133,160
Mini Bar Revenue
Food & Beverage 45,909
Other Operation Department
Phone
SPA 5,525
Other 2,732
Transportation 823
Laundry 1,436
Other -Commerical & Services Money 28,130

Total Revenue 217,715

Cost of Sale
Room Expenses -
Salary & Wages ( HK ) 1,737
Cleaning Supplies 229
Guest Supplies 792
Printing Supplies 156
Laundry 739
Uniform for Room Dept 64
Postage,Telephone,e-mail 53
Transportation & Labour ( HK ) 1,777
Flowers & Decoration ( HK ) 1,000
Pest Control 119
Complimentory Food & Beverage 723
Landscaping 40
Room Commission Fee 312
Miscellaneous 558

Mini Bar Expenses 414

Mini Bar Cost 413.84

Food & Beverage Expenses 15,050

Food Cost 8,132.22
Beverage Cost 3,199.11
Salary & Wages ( F&B ) 1,765.26
 Cleaning Supply 52.09
Guest Supply 54.56
Printing Supplies 56.89
Laundry 65.46
Uniform for Room Dept 26.09
Postage,Telephone, e-mail 38.95
Transportation & Labour ( F&B ) 332.31
Utential GAS Cost 236.31
Kitchen Utensils 34.62
Operation Utensal 226.92
Spoilage 24.20
Music & Royalities ( F&B ) 142.31
Miscellaneous 662.43

Other Operation Department 2,160

Salary & Wages ( Spa ) 323.08
Decoration & Flower ( Spa ) 3.85
Printing Supplies 0.08
Miscelleneous ( Spa ) 4.70
Reallocation - SPA 136.44
Transport Expenses 449.38
Other Expense 1,079.81
Cost of Laundry 20.13
Salary & Wages ( Ldy ) 142.31

Tax & Services Money 28,130

Other -Commerical Tax 9,376.75
Other -Services Money 18,753.49

Total Cost of Sale 54,053

Gross Operating Profit 163,662

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 4,179
Salary & Wages - S & M 338.46
Staff Related Exp - S&M 30.46
Printing & Stationery - S&M 16.83
Data Processing - S&M 7.69
Postage,Telephone, e-mail 60.52
Transportation & Labour: S & M 30.77
Advertising 1932.00
Travelling Expense ( S&M ) 1761.40
Miscellaneous Exp: S & M 1.23
 Maintance Expenses 17,018
Salary & Wages ( Eng ) 902.23
Printing Supplies 3.78
Engineering Supplies 2323.28
Uniform for Room Dept 10.20
Postage,Telephone,e-mail 10.38
Transportation & Labour ( Eng ) 192.31
Maintenance Motor Vechial 67.69
Maintenance Building 8774.21
Maintenance Equipment 115.93
Maintenance WaterSupply 36.50
Painting & Renovation 24.23
Landscaping 2154.07
Pool 189.62
Light Bulb 2205.08
Miscelleneous 8.94

Admin & General Expenses 15,668

Salary & Wages - Admin 3,815.63
Staff Related Exp 217.98
Printing Supplies 135.75
Laundry 9.27
Data Processing - Admin 7.69
Uniform for Room Dept 18.97
Postage,Telephone, e-mail 250.46
Transportation & Labour: Admin 71.23
Audit Fees & Expenses 233.85
Bank Charges 682.44
Complimentory Food & Beverage 200.55
Exchange A/C 1,147.72
Travelling Allowance ( A&G ) 2,083.73
Licence & Tax 348.00
Present & Donation ( Admin ) 339.23
Rental -Office 384.62
Medical Expenses ( Admin ) 9.69
Operating-Staff Canteen 2,064.62
Miscellaneous ( Admin ) 71.07
Utential Diesel 183.53
Electricity Chgs 2,992.38
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 36,866
Net Operating Profit 126,795
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 December' 15
Opening YGN

50101 4000 PL Salary & Wages - Admin

50102 4000 PL Staff Related Exp - Admin

50101 5000 PL Salary & Wages - S & M

50102 5000 PL Staff Related Exp - S&M

 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)

3,465,000.00 2,566.67 -

50,600.00 37.48 -

440,000.00 325.93 -

50,600.00 37.48 -
JV -Current (USD) Coso Trail

2,566.67 - 2,566.67

37.48 - 37.48

325.93 - 325.93

37.48 - 37.48
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 November 2015

Opening USD
Account code Department BS / PL Particular Debit Credit Debit
11012 100 BS Cash in Hand 76,161.91 136843.44448
11018 100 BS Deposit from Tauck 12,080.00
13023 100 BS A/R Guest Ledger -Inle 12216.3242607
13023 100 BS A/R Guest Ledger
13024 100 BS City Ledger ( Tauck ) 11953.16
13024 100 BS City Ledger ( HO ) 1,089,185.50
13024 100 BS City Ledger ( Agoda ) 16,102.69
13027 100 BS Construction- pool 71,224.87
13027 100 BS Construction ( Laundry ) 3,015.00
13027 100 BS Construction- New Bar 3,257.91
13027 100 BS Construction: Second Phase 21727.27
13032 100 BS Current HO Purchasing 169,814.49
14011 100 BS Inventory-Food(Store) 3,781.87 392.30769231
14012 100 BS Inventory-Beverage(Store) 7,670.67 898.24615385
14013 100 BS Inventory Cleaning Supply Store 1,596.54 59.615384615
14013 100 BS Inventory - Cleaning Supplies 223.18
14014 100 BS Inventory-Guest Supplies ( Store ) 1,857.94 59.269230769
14015 100 BS Inventory - Massage Oil 90.89 171.92307692
14016 100 BS Inventory - Souvier 25.00
14017 100 BS Inventory - Printing Supplies ( Store ) 4,443.26 83.153846154
14019 100 BS Inventory-Diesel & Petrol ( Store ) 55.66
14019 100 BS Inventory Diesel,Petrol ( Generator ) 140.45
14020 100 BS Inventory-Gas 177.24
14021 100 BS Inventory - H.K'Guest Supplies 517.18 15.384615385
14023 100 BS Inventory Other Supply Store 2,308.14 258.78461538
14024 100 BS Inventory - Mini Bar ( Beverage ) 219.58
14024 100 BS Inventory - Mini Bar ( Food ) 39.16
14125 100 BS Operation - Food 3,326.76 1935.0769231
14126 100 BS Operation - Beverage ( Bar ) 1,538.74
15012 100 BS Prepaid 70,877.01 446.05
16014 100 BS Staff Advance 10,333.09 5730.7692308
16103 100 BS Supsend 14,868.94
16303 100 BS Current A/C Cash Remittance 283,568.84
17098 100 BS F Asset F&B 11,391.09
17101 100 BS F Asset ( Brick Fance ) 7,401.00
17101 100 BS F Asset Land & Building 17,454.54
17104 100 BS Fix Asset ( HK ) 13,016.91
18011 200 BS Account Payable - Lease Rental 6,000.00
18011 200 BS Account Payable -Services Money 14339.12 11459
18011 200 BS Account Payable -Commerical Tax 39534.92889231
18011 200 BS Account Payable - Columbus 15,000.00
18011 200 BS Accrued Payable Hotel (Trade ) 23,747.19 3751.2923077
18011 200 BS Accrued Payable Hotel (Second phase Construction ) 4654.542727273 1538.4615385
19014 200 BS Accrued Electricity 8,013.00 2747.7692308
19014 200 BS Account Payable - Office Rental (HO) 2,896.41
21102 200 BS Tip for Staff 58.78
29999 200 BS Retain Earning 868754.29089

1,463,330.54 1,463,330.54 166,390.55

(0.00)
USD JV Coso
Credit Debit Credit Debit Credit Inle
75,427.10 734.80 213,005.35 76,161.90 136,843.45
- 12,080.00 (12,080.00)
51,259.31 217,715.14 164,380.41 229,931.46 215,639.72 14,291.74
- - -
11,865.00 23,818.16 - 23,818.16
146,427.50 1,235,613.00 - 1,235,613.00
19,975.52 6,087.91 22,190.60 19,975.52 2,215.08
4,313.27 71,224.87 4,313.27 66,911.60
904.50 3,015.00 904.50 2,110.50
977.37 3,257.91 977.37 2,280.54
21,727.27 - 21,727.27
20,746.38 - 190,560.87 (190,560.87)
2,906.94 2,670.58 7,081.12 2,670.58 4,410.54
3,224.54 4,147.13 11,793.45 4,147.13 7,646.32
947.08 1,155.52 2,603.23 1,155.52 1,447.71
1,103.43 957.64 1,326.61 957.64 368.97
507.88 695.17 2,425.09 695.17 1,729.92
16.72 136.44 279.53 136.44 143.09
20.00 25.00 20.00 5.00
345.65 4,526.42 345.65 4,180.77
359.62 277.04 415.28 277.04 138.24
183.07 183.53 323.52 183.53 139.99
354.46 236.31 531.70 236.31 295.39
878.14 785.42 1,410.70 785.42 625.28
250.00 686.87 2,816.92 686.87 2,130.05
305.21 324.69 524.79 324.69 200.10
76.00 89.15 115.16 89.15 26.01
9,505.84 8,544.89 14,767.68 8,544.89 6,222.79
3,613.11 3,302.96 5,151.85 3,302.96 1,848.89
6,645.69 71,323.06 6,645.69 64,677.37
15,454.62 16,063.86 15,454.62 609.24
- 14,868.94 (14,868.94)
25,775.00 - 309,343.84 (309,343.84)
11,391.09 - 11,391.09
7,401.00 - 7,401.00
17,454.54 - 17,454.54
6,144.00 19,160.91 - 19,160.91
400.00 - 6,400.00 (6,400.00)
- 18,753.49 11,459.00 33,092.61 (21,633.61)
- 9,376.75 - 48,911.68 (48,911.68)
- 15,000.00 (15,000.00)
4,827.77 3,751.29 28,574.96 (24,823.67)
1,538.46 4,654.54 (3,116.08)
2,992.38 2,747.77 11,005.39 (8,257.62)
384.62 - 3,281.03 (3,281.03)
109.47 - 168.25 (168.25)
- 868,754.29 (868,754.29)
- - -
188,001.02 412,471.59 259,996.42 2,042,192.68 1,911,327.98 130,864.70
(21,610.46) 152,475.17 130,864.70
 136843.449103056
12080
14291.7442607
0
23818.16
1235613
2215.08
66911.5972727272
2110.50090909091
2280.54363636364
21727.27
190560.869
4410.5443006993
7646.32261538462
1447.71454545455
368.97
1729.92011888112
143.093076923077
5
4180.76881119336
138.237832167832
139.99
295.392727272727
625.284615384615
2130.05335664336
200.1
26.01
6222.78781818182
1848.89
64677.3665163058
609.243513242991
14868.94
309343.837
11391.0909631818
7401
17454.5427272727
19160.9091
6400
21633.61
48911.6789
15000
24823.6707
3116.08119
8257.61952
3281.02615
168.25
999618.995
1658064.57782013 1658064.58
2.69112642854452E-05
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 December 2015

Opening
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
63015 4000 PL Operating-Staff Canteen
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1649.17 - 1,649.17 - 1,649.17
1724.20 - 1,724.20 - 1,724.20
383.70 - 383.70 - 383.70
137.04 - 137.04 - 137.04
1206.30 - 1,206.30 - 1,206.30
1292.52 - 982.41 2,274.93 - 2,274.93
720.62 - 720.62 - 720.62
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31st December 2015

Inle YGN Total

11012 100 BS Cash in Hand 159771.04271 63472.10 223243.14
13023 100 BS A/R Guest Ledger -Inle 21682.284261 -6611.88 15070.40
13024 100 BS City Ledger ( Tauck ) 10729.14 10729.14
13024 100 BS City Ledger ( HO ) 1360842.09 -1360842.09 0.00
13024 100 BS City Ledger ( Agoda ) 3439.34 3439.34
13027 100 BS Construction- pool 64036.097273 64036.10
13027 100 BS Construction ( Laundry ) 1507.5009091 1507.50
13027 100 BS Construction- New Bar 1628.9636364 1628.96
13027 100 BS Construction: Second Phase 21727.27 21727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73 662.73

asset )
13032 100 BS Current HO Purchasing -205466.83277 205264.90 -201.93
13032 100 BS Current HO Payable - Outstanding -8753.70 -8753.70
14011 100 BS Inventory-Food(Store) 3870.6783748 3870.68
14012 100 BS Inventory-Beverage(Store) 11096.842245 11096.84
14013 100 BS Inventory Cleaning Supply Store 1588.0060269 1588.01
14013 100 BS Inventory - Cleaning Supplies 471.09 471.09
14014 100 BS Inventory-Guest Supplies ( Store ) 1525.8030818 1525.80
14015 100 BS Inventory - Massage Oil 137.99529915 138.00
14016 100 BS Inventory - Souvier 30 30.00
14017 100 BS Inventory - Printing Supplies ( Store ) 4304.0202927 4304.02
14019 100 BS Inventory-Diesel & Petrol ( Store ) 126.10079513 126.10
14019 100 BS Inventory Diesel,Petrol ( Generator ) 105.18 105.18
14020 100 BS Inventory-Gas 284.45383838 284.45
14021 100 BS Inventory - H.K'Guest Supplies 787.80905983 787.81
14023 100 BS Inventory Other Supply Store 2515.2192826 2515.22
14024 100 BS Inventory - Mini Bar ( Beverage ) 209.35 209.35
14024 100 BS Inventory - Mini Bar ( Food ) 27.04 27.04
14125 100 BS Operation - Food 5473.612196 5473.61
14126 100 BS Operation - Beverage ( Bar ) 2292.5992593 2292.60
15012 100 BS Prepaid 59998.466042 11402.36 71400.82
15115 100 BS AR Collection - Deposit -109226.96 -109226.96
16014 100 BS Staff Advance 127.76203176 2361.60 2489.36
16015 100 BS Refund 4652.00 4652.00
16103 100 BS Supsend -14868.94 -52731.72 -67600.66
16303 100 BS Current A/C Cash Remittance -364694.83706 364694.84 0.00
17098 100 BS F Asset F&B 11391.090963 1363.636364 12754.73
17101 100 BS F Asset ( Brick Fance ) 7401 7401.00
17101 100 BS F Asset Land & Building 17454.542727 17454.54
17102 100 BS FA - Office Equipment - Admin 382.69 382.69
17104 100 BS Fix Asset ( HK ) 19,049.80 19049.80
17105 100 BS F Asset 21111.11 21111.11
18011 200 BS Account Payable - Lease Rental -6800.00 -6800.00
18011 200 BS Account Payable -Services Money -18720.23 -18720.23
18011 200 BS Account Payable -Commerical Tax -46888.05 -46888.05
18011 200 BS Account Payable - Columbus -15000.00 696254.00 681254.00
18011 200 BS Accrued Payable Hotel (Trade ) -30199.32 -30199.32
18011 200 BS Accrued Payable Hotel (Second phase Constr -1264.23 -1264.23
19014 200 BS Accrued Electricity -8053.92 -8053.92
19014 200 BS Account Payable - Office Rental (HO) -3651.40 -3651.40
21102 200 BS Tip for Staff -245.25 -245.25
29999 200 BS Retain Earning -999618.99 183132.89 -816486.10

30101 1000 PL Room Revenue -106759.28 -106759.28

50101 1000 PL Salary & Wages ( HK ) 1649.1651852 1649.17
60102 1000 PL Cleaning Supplies ( HK ) 387.28962963 387.29
60103 1000 PL Guest Supplies 836.59 836.59
60107 1000 PL Printing Supplies 136.71592593 136.72
60202 1000 PL Laundry 513.79 513.79
60204 1000 PL Uniform for Room Dept 67.093081481 67.09
60301 1000 PL Postage,Telephone,e-mail ( HK ) 45.987407407 45.99
60303 1000 PL Transportation & Labour ( HK ) 264.97777778 264.98
60402 1000 PL Flowers & Decoration ( HK ) 962.96296296 962.96
60419 1000 PL Complimentory Food 718.83592593 718.84
61021 1000 PL Landscaping 128.91925926 128.92
62011 1000 PL Room Commission Fee ( Booking.com ) 275.57 275.57
62011 1000 PL Room Commission Fee ( Glokey ) 63.75 63.75
69999 1000 PL Miscellaneous ( FO ) 44.646666667 44.65
20201 2000 PL X'mas & New Year ( F&B ) 1586.4877778 1586.49
31011 2000 PL Food Revenue -32930.55 -32930.55
32011 2000 PL Beverage Revenue -10466.83 -10466.83
41011 2000 PL Food Cost 9261.8 9261.80
42011 2000 PL Beverage Cost 3090.57 3090.57
50101 2000 PL Salary & Wages ( F&B ) 1724.1977778 1724.20
60102 2000 PL Cleaning Supply 58.39 58.39
60103 2000 PL Guest Supply 45.46 45.46
60107 2000 PL Printing Supplies 32.81 32.81
60202 2000 PL Laundry 53.04 53.04
60203 2000 PL Refund Lenin -111.11111111 -111.11
60204 2000 PL Uniform for F&B Department 27.433725926 27.43
60301 2000 PL Postage,Telephone, e-mail 35.07 35.07
60303 2000 PL Transportation & Labour ( F&B ) 253.81746667 253.82
60415 2000 PL Utential GAS Cost 466.05 466.05
62013 2000 PL Utensal 171.4074074 171.41
62016 2000 PL Music & Royalities ( F&B ) 137.03703704 137.04
69999 2000 PL Miscellaneous ( F&B ) 379.34083704 379.34
30101 3200 PL Revenue - SPA -4972.17 -4972.17
50101 3200 PL Salary & Wages ( Spa ) 383.7037037 383.70
64015 3200 PL Orther Expense ( MOD ) 728.41 728.41
69999 3200 PL Miscellaneous ( Spa ) 4.3518518519 4.35
30102 3300 PL Revenue - Others -5233.17 -5233.17
30102 3300 PL Other -Commerical & Services Money -23759.43 -23759.43
30104 3300 PL Revenue - Transportation -1067.83 -1067.83
40101 3300 PL Cost Of Minibar ( Food ) 86.96 86.96
40101 3300 PL Cost Of Minibar ( Beverage ) 253.48 253.48
64015 3300 PL Transport Expenses ( MOD ) 474.42333333 474.42
64015 3300 PL Service Money for December'15 15839.62 15839.62
64015 3300 PL Comersial Tax for December'15 7919.81 7919.81
30101 3400 PL Revenue - Laundry -1218.7 -1218.70
40101 3400 PL Cost of Laundry 18.92 18.92
50101 3400 PL Salary & Wages ( Ldy ) 137.03703704 137.04
40101 3600 PL Cost of Sale - Souvenir 363.55555556 363.56
50101 4000 PL Salary & Wages ( Admin ) 1206.2962963 2566.67 3772.96
50102 4000 PL Staff Related Exp 236.66 37.48148148 274.14
60107 4000 PL Printing Supplies 246.38814815 1 247.39
60202 4000 PL Laundry 9.27 9.27
60202 4000 PL Data Processing - Admin 7.41 7.41
60204 4000 PL Uniform for A&G Department 21.505844444 21.51
60301 4000 PL Postage,Telephone,e-mail 31.33 14.37 45.70
60303 4000 PL Transportation & Labour ( A&G ) 38.051851852 58.96 97.01
60408 4000 PL Bank Charges 52 29.00 81.00
60413 4000 PL Exchange A/C 2648.7921578 1326.90 3975.69
60414 4000 PL Travelling ( A&G ) 480.10148148 480.10
60416 4000 PL Licence & Tax 348 348.00
60418 4000 PL Staff Activity ( A&G ) 124.44 124.44
60422 4000 PL Present & Donation ( A&G ) 3120.74 3120.74
60422 4000 PL Donation to Papin School Fance 4180.1092593 4180.11
60422 4000 PL Donation to Monestry Entrance ( Parnway Mo3018.892963 3018.89
63011 4000 PL Rental -Office 370.37037037 370.37
63013 4000 PL Medical Expenses ( A&G ) 17.296296296 17.30
63015 4000 PL Operating-Staff Canteen 2274.9259259 2274.93
69999 4000 PL Miscelleneous 9.1 4.00 13.10
50101 5000 PL Salary & Wages - S & M 325.93 325.93
50102 5000 PL Staff Related Exp - S&M 37.48 37.48
60107 5000 PL Printing & Stationery - S&M 2.00 2.00
60202 5000 PL Data Processing - S&M 7.41 7.41
60301 5000 PL Postage,Telephone, e-mail 43.66 14.37 58.03
60303 5000 PL Transportation & Labour: S & M 20.37 20.37
60407 5000 PL Advertising 34.27 34.27
60414 5000 PL Travelling Expense ( S&M ) 1761.4 1761.40
60422 5000 PL Entertainment,Gift & Donation - S & M 12.44 12.44
69999 5000 PL Miscellaneous Exp: S & M 4.00 4.00
50101 6000 PL Salary & Wages ( Eng ) 720.61703704 720.62
60107 6000 PL Printing Supplies 0.71 0.71
60108 6000 PL Engineering Supplies 806.85222222 806.85
60204 6000 PL Uniform for M&E 11.8616 11.86
60301 6000 PL Postage,Telephone,e-mail 24.76 24.76
60303 6000 PL Transport & Labour ( Eng ) 15.555555556 16.59 32.15
60306 6000 PL Motor Vehicle Expenses 284.44444444 36.22 320.67
61011 6000 PL Maintenance Building 7506.2282222 7506.23
61017 6000 PL Maintenance Equipment 37.037037037 37.04
61018 6000 PL Maintenance Water Supply 17.037037037 17.04
61019 6000 PL Painting & Renovation 77.777777778 77.78
61021 6000 PL Landscaping 1,862.06 1862.06
61022 6000 PL Swimming Pool 7.7777777778 7.78
61023 6000 PL Light Bulb 11.111111111 11.11
69999 6000 PL Miscelleneous 0.56 0.56
65012 7000 PL Utential Diesel 512.35 512.35
65013 7000 PL Electricity Chgs 2988.2222222 2988.22
70102 8000 PL Lease Rental 400 400.00
80105 9000 PL Reallocation - SPA 59.72 59.72

0.00 0.00 0.00

10369.74 359.40

29238.88

89562.56

-8955.63

34845.80

96748.70
143.188854489164
-96748.70
-
0.00
 Villa Inle Resort & Spa
Balance Sheet as at December 31 , 2015

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable

TOTAL CURRENT LIABILITIES

NET ASSETS
 5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
t & Spa
ember 31 , 2015

USD

7,401
383
19,050
12,755
21,111
17,455
89,563

167,716

29,239
71,401
2,489

34,846
223,243

361,218
528,934.44
-

(67,601)
(30,199)
(1,264)
681,254
(8,956)
(18,720) ###
(46,888)
(6,800)
(3,651)
(8,054)

(109226.96) 106310 (2916.96)

4,407

384,300
913,235
816,486
96,749

913,235

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 December 2015
Amount (USD)
Revenue -
Room Revenue 106,759
Mini Bar Revenue
Food & Beverage 43,397
Other Operation Department
Phone
SPA 4,972
Other 5,233
Transportation 1,068
Laundry 1,219
Other -Commerical & Services Money 23,759

Total Revenue 186,408

Cost of Sale
Room Expenses 6,096
Salary & Wages ( HK ) 1649.17
Cleaning Supplies ( HK ) 387.29
Guest Supplies 836.59
Printing Supplies 136.72
Laundry 513.79
Uniform for Room Dept 67.09
Postage,Telephone,e-mail ( HK ) 45.99
Transportation & Labour ( HK ) 264.98
Flowers & Decoration ( HK ) 962.96
Complimentory Food 718.84
Landscaping 128.92
Room Commission Fee ( Booking.com ) 275.57
Room Commission Fee ( Glokey ) 63.75
Miscellaneous 44.65

Mini Bar Expenses 340

Mini Bar Cost 340.44

Food & Beverage Expenses 17,212

Food Cost 9,261.80
Beverage Cost 3,090.57
Salary & Wages ( F&B ) 1,724.20
Cleaning Supply 58.39
 Guest Supply 45.46
Printing Supplies 32.81
Laundry 53.04
Refund Lenin (111.11)
Uniform for F&B Department 27.43
Postage,Telephone, e-mail 35.07
Transportation & Labour ( F&B ) 253.82
Utential GAS Cost 466.05
Utensal 171.41
Music & Royalities ( F&B ) 137.04
Miscellaneous ( F&B ) 379.34
X'mas & New Year ( F&B ) 1,586.49

Other Operation Department 2,170

Salary & Wages ( Spa ) 383.70
Reallocation - SPA 59.72
Orther Expense ( MOD ) 728.41
Miscellaneous ( Spa ) 4.35
Transport Expenses ( MOD ) 474.42
Cost of Laundry 18.92
Salary & Wages ( Ldy ) 137.04
Cost of Sale - Souvenir 363.56

Tax & Services Money 23,759

Other -Commerical Tax 7,919.81
Other -Services Money 15,839.62

Total Cost of Sale 49,578

Gross Operating Profit 136,830

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 2,263
Salary & Wages - S & M 325.93
Staff Related Exp - S&M 37.48
Printing & Stationery - S&M 2.00
Data Processing - S&M 7.41
Postage,Telephone, e-mail 58.03
Transportation & Labour: S & M 20.37
Advertising 34.27
Travelling Expense ( S&M ) 1761.40
Entertainment,Gift & Donation - S & M 12.44
Miscellaneous Exp: S & M 4.00
 Maintance Expenses 11,437
Salary & Wages ( Eng ) 720.62
Printing Supplies 0.71
Engineering Supplies 806.85
Uniform for M&E 11.86
Postage,Telephone,e-mail 24.76
Transport & Labour ( Eng ) 32.15
Motor Vehicle Expenses 320.67
Maintenance Building 7506.23
Maintenance Equipment 37.04
Maintenance Water Supply 17.04
Painting & Renovation 77.78
Landscaping 1862.06
Swimming Pool 7.78
Light Bulb 11.11
Miscelleneous 0.56

Admin & General Expenses 26,381

Salary & Wages ( Admin ) 3,772.96
Staff Related Exp 274.14
Printing Supplies 247.39
Laundry 9.27
Data Processing - Admin 7.41
Uniform for A&G Department 21.51
Postage,Telephone,e-mail 45.70
Transportation & Labour ( A&G ) 97.01
Bank Charges 81.00
Exchange A/C 3,975.69
Travelling ( A&G ) 480.10
Licence & Tax 348.00
Staff Activity ( A&G ) 124.44
Present & Donation ( A&G ) 3,120.74
Donation to Papin School Fance 4,180.11
Donation to Monestry Entrance ( Parnway Monestry ) 3,018.89
Rental -Office 370.37
Medical Expenses ( A&G ) 17.30
Operating-Staff Canteen 2,274.93
Miscelleneous 13.10
Utential Diesel 512.35
Electricity Chgs 2,988.22
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 40,081
Net Operating Profit 96,749
 780
275.565
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 January'16
Opening YGN

4000 PL Salary & Wages - Admin

50101
50102 4000 PL Staff Related Exp - Admin

5000 PL Salary & Wages - S & M

50101
50102 5000 PL Staff Related Exp - S&M
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)

4,100,000.00 3,037.04 -

61,800.00 45.78 -

550,000.00 407.41 -

41,800.00 30.96 -
JV -Current (USD) Coso Trail

3,037.04 - 3,037.04

45.78 - 45.78

407.41 - 407.41

30.96 - 30.96
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 January'16

Opening
14122 100 BS Operation Staff Canteen
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1358.5185185 410.34 1,768.86 1,768.86 1,768.86
3474.37 - 3,474.37 -
3028.61 - 3,028.61 -
971.48 - 971.48 -
403.52 - 403.52 -
6267.55 - 6,267.55 -
88.89 - 88.89 -
1743.89 - 1,743.89 -
 0.00
3,474.37
3,028.61
971.48
403.52
6,267.55
88.89
1,743.89
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31st January'16

Inle YGN Total

11012 100 BS Cash in Hand 203491.97 46846.02 250337.99
13023 100 BS A/R Guest Ledger -Inle 12705.53 -3639.93 9065.60
13024 100 BS City Ledger ( Agoda ) 4261.04 4261.04
13024 100 BS City Ledger ( HO ) 1527190.04 -1527190.04 0.00
13024 100 BS City Ledger ( Tauck ) 25585.14 25585.14
13027 100 BS Construction- pool 61160.60 61160.60
13027 100 BS Construction ( Laundry ) 904.50 904.50
13027 100 BS Construction- New Bar 977.38 977.38
13027 100 BS Construction: Second Phase 21727.27 21727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73 662.73

asset )
13032 100 BS Current HO Purchasing -219450.11 219248.06 -202.05
13032 100 BS Current HO Payable - Outstanding -6446.74 -6446.74
14011 100 BS Inventory-Food(Store) 4883.97 4883.97
14012 100 BS Inventory-Beverage(Store) 10665.77 10665.77
14013 100 BS Inventory Cleaning Supply Store 1767.70 1767.70
14013 100 BS Inventory - Cleaning Supplies 409.32 409.32
14014 100 BS Inventory-Guest Supplies ( Store ) 2420.95 2420.95
14015 100 BS Inventory - Massage Oil 172.94 172.94
14016 100 BS Inventory - Souvier 20.00 20.00
14017 100 BS Inventory - Printing Supplies ( Store ) 4533.79 4533.79
14019 100 BS Inventory-Diesel & Petrol ( Store ) 122.15 122.15
14019 100 BS Inventory Diesel,Petrol ( Generator ) 132.33 132.33
14020 100 BS Inventory-Gas 227.57 227.57
14021 100 BS Inventory - H.K'Guest Supplies 779.90 779.90
14023 100 BS Inventory Other Supply Store 2343.40 2343.40
14024 100 BS Inventory - Mini Bar ( Beverage ) 238.37 238.37
14024 100 BS Inventory - Mini Bar ( Food ) 9.15 9.15
14122 100 BS Operation Staff Canteen 0.00 0.00
14125 100 BS Operation - Food 6752.46 6752.46
14126 100 BS Operation - Beverage ( Bar ) 1765.44 1765.44
15012 100 BS Prepaid 55470.83 11402.36 66873.19
15115 100 BS AR Collection - Deposit -104854.96 -104854.96
16014 100 BS Staff Advance 275.91 16361.60 16637.51
16015 100 BS Refund 5616.00 5616.00
16103 100 BS Supsend -14868.94 -52731.72 -67600.66
16303 100 BS Current A/C Cash Remittance -408423.84 408423.84 0.00
17098 100 BS F Asset F&B 11391.09 1363.64 12754.73
17101 100 BS F Asset ( Brick Fance ) 7401.00 7401.00
17101 100 BS F Asset Land & Building 17454.54 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 629.63 382.69 1012.32
17104 100 BS Fix Asset ( HK ) 19049.80 19049.80
17105 100 BS Fixed Asset ( Venical ) 21666.67 21666.67
18011 200 BS Account Payable - Lease Rental -7200.00 -7200.00
18011 200 BS Account Payable -Services Money -22806.27 -22806.27
18011 200 BS Account Payable -Commerical Tax -52643.83 -52643.83
18011 200 BS Account Payable - Columbus -15000.00 792054.00 777054.00
18011 200 BS Accrued Payable Hotel (Trade ) -26373.97 -26373.97
18011 200 BS Accrued Payable Hotel (Second phase Constr -893.86 -893.86
19014 200 BS Accrued Electricity -8876.88 -8876.88
19014 200 BS Account Payable - Office Rental (HO) -4021.77 -4021.77
21102 200 BS Tip for Staff -269.25 -269.25
29999 200 BS Retain Earning -1100890.29 187655.50 -913234.79
30101 1000 PL Room Revenue -139728.85 -139728.85
50101 1000 PL Salary & Wages ( HK ) 3474.37 3474.37
50102 1000 PL Staff Related Expenses 630.01 630.01
60102 1000 PL Cleaning Supplies 469.54 469.54
60103 1000 PL Guest Supply 910.73 910.73
60107 1000 PL Printing Supplies 156.95 156.95
60202 1000 PL Laundry 842.73 842.73
60204 1000 PL Uniform for Room Dept 68.08 68.08
60301 1000 PL Postage,Telephone,e-mail 63.11 63.11
60303 1000 PL Transportation & Labour ( HK ) 211.48 211.48
60402 1000 PL Flowers & Decoration ( HK ) 122.22 122.22
60410 1000 PL Complimentory Food & Beverage 731.40 731.40
61021 1000 PL Landscaping 18.45 18.45
62011 1000 PL Room Commission Fee ( Booking.com ) 511.12 511.12
62011 1000 PL Room Commission Fee ( Glokey ) 63.75 63.75
69999 1000 PL Miscelleneous 355.21 355.21
31011 2000 PL Food Revenue -34954.93 -34954.93
32011 2000 PL Beverage Revenue -12958.78 -12958.78
41011 2000 PL Food Cost 8173.92 8173.92
42011 2000 PL Beverage Cost 2942.49 2942.49
50101 2000 PL Salary & Wages ( F&B ) 3028.61 3028.61
50102 2000 PL Staff Related Expenses 411.93 411.93
60102 2000 PL Cleaning Supply 32.89 32.89
60103 2000 PL Guest Supply 41.68 41.68
60107 2000 PL Printing Supplies 46.74 46.74
60202 2000 PL Laundry 95.79 95.79
60203 2000 PL Linen ( F&B ) 48.15 48.15
60204 2000 PL Uniform for F&B Department 29.16 29.16
60301 2000 PL Postage,Telephone,e-mail 34.37 34.37
60303 2000 PL Transportation & Labour ( F&B ) 233.47 233.47
60415 2000 PL Utential GAS Cost 398.22 398.22
62013 2000 PL Utensal 116.30 116.30
69999 2000 PL Miscellaneous 297.31 297.31
30101 3100 PL Revenue - Phone -18.26 -18.26
30101 3200 PL Revenue - SPA -7605.22 -7605.22
50101 3200 PL Salary & Wages ( Spa ) 971.48 971.48
50102 3200 PL Staff Related Expenses 145.39 145.39
64015 3200 PL Other Expense ( MOD ) 1517.02 1517.02
69999 3200 PL Miscellaneous 3.36 3.36
30102 3300 PL Revenue - Others -5407.13 -5407.13
30102 3300 PL Other -Commerical & Services Money -29889.06 -29889.06
30104 3300 PL Revenue - Transportation -1163.48 -1163.48
40101 3300 PL Cost Of Minibar ( Food ) 119.87 119.87
40101 3300 PL Cost Of Minibar ( Beverage ) 346.88 346.88
64012 3300 PL Transportation Expenses ( MOD ) 508.34 508.34
64015 3300 PL Service Money for January'16 19926.04 19926.04
64015 3300 PL Comersial Tax for January'16 9963.02 9963.02
30101 3400 PL Revenue - Laundry -1695.87 -1695.87
40101 3400 PL Cost of Laundry 25.24 25.24
50101 3400 PL Salary & Wages ( Ldy ) 403.52 403.52
50102 3400 PL Staff Related Expenses 72.69 72.69
46041 4000 PL Man Power Development 82.96 82.96
50101 4000 PL Salary & Wages ( Admin ) 6267.55 3037.04 9304.58
50102 4000 PL Staff Related Expenses 635.61 45.78 681.39
60107 4000 PL Printing Supplies 87.61 87.61
60202 4000 PL Laundry 122.75 122.75
60202 4000 PL Data Processing - Admin 7.41 7.41
60204 4000 PL Uniform for A&G Department 21.75 21.75
60301 4000 PL Postage,Telephone, e-mail 31.48 2.20 33.68
60303 4000 PL Transportation & Labour ( Admin ) 93.01 36.67 129.68
60408 4000 PL Bank Charges ( Admin ) 0.83 23.00 23.83
60412 4000 PL Entertainment ( Admin ) 111.11 111.11
60413 4000 PL Exchange A/C 1749.25 888.89 2638.14
60416 4000 PL Licence & Tax 1148.30 1148.30
60422 4000 PL Donation to Papin School Fance 81.48 81.48
60422 4000 PL Donation to Monestry Entrance ( Parnway Mo 27.56 27.56
60422 4000 PL Present & Donation ( Admin ) 855.56 855.56
63011 4000 PL Rental -Office 370.37 370.37
63013 4000 PL Medical Expenses ( Admin ) 11.56 11.56
69999 4000 PL Miscelleneous 4.20 2.44 6.64
50101 5000 PL Salary & Wages ( S&M ) 88.89 407.41 496.30
50102 5000 PL Staff Related Exp - S&M 30.96 30.96
60202 5000 PL Data Processing - S&M 7.41 7.41
60301 5000 PL Postage,Telephone, e-mail 42.74 2.20 44.94
60303 5000 PL Transportation - S&M 21.48148148 21.48
60407 5000 PL Advertising Exp: S&M 209.63 209.63
60414 5000 PL Travelling ( S&M ) 141.18 141.18
60422 5000 PL Entertainment,Gift & Donation - S & M 30.74 30.74
69999 5000 PL Miscellaneous Exp: S & M 2.44 2.44
50101 6000 PL Salary & Wages ( Eng ) 1743.89 1743.89
50102 6000 PL Staff Related Expenses 169.61 169.61
60107 6000 PL Printing Supplies 3.50 3.50
60108 6000 PL Engineering Supplies 636.52 636.52
60204 6000 PL Uniform for M&E 12.11 12.11
60301 6000 PL Postage,Telephone,e-mail 24.22 24.22
60303 6000 PL Transportation - M&E 8.29 8.29
60306 6000 PL Motor Vehicle Expenses 305.04 305.04
61011 6000 PL Maintenance Building 6280.30 6280.30
61013 6000 PL Maintenance Mechinical 157.48 157.48
61018 6000 PL Maintenance Water Supply 19.56 19.56
61019 6000 PL Painting & Renovation 12.59 12.59
61021 6000 PL Landscaping 1809.84 1809.84
61023 6000 PL Light & Bulb 100.00 100.00
69999 6000 PL Miscelleneous 0.26 0.26
65012 7000 PL Utential Diesel 440.17 440.17
65013 7000 PL Electricity Chgs 3819.33 3819.33
70102 8000 PL Lease Rental 400.00 400.00
80105 9000 PL Reallocation - SPA 162.19 162.19

0.00 0.00 0.00

 38911.78

85432.48

-6648.79

37245.22

142022.21
148.75
-142022.20
0.00
 Villa Inle Resort & Spa
Balance Sheet as at January 31 , 2016

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable

TOTAL CURRENT LIABILITIES

NET ASSETS
 5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
t & Spa
nuary 31 , 2016

USD

7,401
1,012
19,050
12,755
21,667
17,455
85,432

164,772

38,912
66,873
16,638

37,245
250,338

410,006
574,777.23
-

(67,601)
(26,374)
(894)
777,054
(6,649)
(22,806)
(52,644)
(7,200)
(4,022)
(8,877)

(104854.96)
5,347

480,480
1,055,257
 913,235
142,022

1,055,257

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 January 2016
Amount (USD)
Revenue -
Room Revenue 139,729
Mini Bar Revenue
Food & Beverage 47,914
Other Operation Department
Phone 18
SPA 7,605
Other 5,407
Transportation 1,163
Laundry 1,696
Other -Commerical & Services Money 29,889

Total Revenue 233,422

Cost of Sale
Room Expenses 8,629
Salary & Wages ( HK ) 3474.37
Staff Related Expenses 630.01
Cleaning Supplies 469.54
Guest Supply 910.73
Printing Supplies 156.95
Laundry 842.73
Uniform for Room Dept 68.08
Postage,Telephone,e-mail 63.11
Transportation & Labour ( HK ) 211.48
Flowers & Decoration ( HK ) 122.22
Complimentory Food & Beverage 731.40
Landscaping 18.45
Room Commission Fee ( Booking.com ) 511.12
Room Commission Fee ( Glokey ) 63.75
Miscelleneous 355.21

Mini Bar Expenses 467

Mini Bar Cost 466.75

Food & Beverage Expenses 15,533

Food Cost 8,173.92
Beverage Cost 2,942.49
Salary & Wages ( F&B ) 3,028.61
 Staff Related Expenses 411.93
Cleaning Supply 32.89
Guest Supply 41.68
Printing Supplies 46.74
Laundry 95.79
Linen ( F&B ) 48.15
Uniform for F&B Department 29.16
Postage,Telephone,e-mail 34.37
Transportation & Labour ( F&B ) 233.47
Utensal 116.30
Miscellaneous 297.31

Other Operation Department 3,809

Salary & Wages ( Spa ) 971.48
Staff Related Expenses ( Spa ) 145.39
Other Expense ( MOD ) 1,517.02
Miscellaneous 3.36
Transportation Expenses ( MOD ) 508.34
Cost of Laundry 25.24
Salary & Wages ( Ldy ) 403.52
Staff Related Expenses ( Ldy ) 72.69
Reallocation - SPA 162.19

Tax & Services Money 29,889

Other -Commerical Tax 9,963.02
Other -Services Money 19,926.04

Total Cost of Sale 58,327

Gross Operating Profit 175,095

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 985
Salary & Wages ( S&M ) 496.30
Staff Related Exp - S&M 30.96
Data Processing - S&M 7.41
Postage,Telephone, e-mail 44.94
Transportation - S&M 21.48
Advertising Exp: S&M 209.63
Travelling ( S&M ) 141.18
Entertainment,Gift & Donation - S & M 30.74
Miscellaneous Exp: S & M 2.44

Maintance Expenses 11,283

Salary & Wages ( Eng ) 1743.89
 Staff Related Expenses 169.61
Printing Supplies 3.50
Engineering Supplies 636.52
Uniform for M&E 12.11
Postage,Telephone,e-mail 24.22
Transportation - M&E 8.29
Motor Vehicle Expenses 305.04
Maintenance Building 6280.30
Maintenance Mechinical 157.48
Maintenance Water Supply 19.56
Painting & Renovation 12.59
Landscaping 1809.84
Light & Bulb 100.00
Miscelleneous 0.26

Admin & General Expenses 20,804

Salary & Wages ( Admin ) 9,304.58
Staff Related Expenses 681.39
Printing Supplies 87.61
Laundry 122.75
Data Processing - Admin 7.41
Uniform for A&G Department 21.75
Postage,Telephone, e-mail 33.68
Transportation & Labour ( Admin ) 129.68
Bank Charges ( Admin ) 23.83
Entertainment ( Admin ) 111.11
Exchange A/C 2,638.14
Licence & Tax 1,148.30
Donation to Papin School Fance 81.48
Donation to Monestry Entrance ( Parnway Monestry ) 27.56
Present & Donation ( Admin ) 855.56
Rental -Office 370.37
Medical Expenses ( Admin ) 11.56
Miscelleneous 6.64
Man Power Development 82.96
Utential Diesel 440.17
Utential GAS Cost 398.22
Electricity Chgs 3,819.33
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 33,072

Net Operating Profit 142,022

-
 780
275.565
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 January'16
Opening YGN
11012 100 BS Cash in Hand 63472.0979471
13023 100 BS AR Collection 6611.88
13024 100 BS City Ledger 1360842.09
13027 100 BS Construction ( Brick ) Swimming Pool (Fix asset ) 662.7272727
13032 100 BS Current HO Purchasing 205264.90277
13032 100 BS Current HO Payable - Outstanding 8753.70080844
15012 100 BS Prepaid 11402.3551273
15115 100 BS AR Collection - Deposit 109226.96
16014 100 BS Staff Advance 2361.60090909
16015 100 BS Refund 4652
16103 100 BS Supsend 52731.72
16303 100 BS Current A/C - Inlay 364694.838881
17098 100 BS Fix Asset - F&B Equipment 1363.63636364
17102 100 BS FA - Office Equipment - Admin 307.692307692
17104 100 BS Fix Asset - Furniture & Fitting 75
18011 200 BS Remit - U Min Din ( YGN ) 696254
29999 200 BS Retain Earning 187655.502933
11601 100 PL Advance
46041 4000 PL Man Power Development
50101 4000 PL Salary & Wages - Admin
50102 4000 PL Staff Related Exp - Admin
60202 4000 PL Data Processing - Admin
60301 4000 PL Phone & Fax - Admin
60303 4000 PL Carriage Chgs: (Freight chgs)
60303 4000 PL Transportation - Admin
60408 4000 PL Bank Services Expenses
60413 4000 PL Exchange Money
69999 4000 PL Miscellaneous Exp: Admin
50101 5000 PL Salary & Wages - S & M
50102 5000 PL Staff Related Exp - S&M
60202 5000 PL Data Processing - S&M
60301 5000 PL Phone & Fax - S&M
60303 5000 PL Transportation - S&M
60407 5000 PL Advertising Exp: S&M
60422 5000 PL Entertainment,Gift & Donation - S & M
69999 5000 PL Miscellaneous Exp: S & M
60303 6000 PL Transportation - M&E

### 1,538,166.35
0.00
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
8,479,376.00 8,524,030.00 6,281.02 6,314.10 40,565.00 57,158.00
- - 57,300.00 166,347.95
- -
- -
10,604,272.00 7,855.02 - 1,081.00 5,047.14
9,928,032.00 7,354.10 - -
- -
- - 101,704.00 106,076.00
- -
- - 964.00
- -
- - 43,729.00
- -
- -
- -
- - 95,800.00
- -
- - 14,000.00
112,000.00 82.96 -
4,100,000.00 3,037.04 -
61,800.00 45.78 -
10,000.00 7.41 -
2,975.00 2.20 -
11,000.00 8.15 -
38,500.00 28.52 -
- - 23.00
25,800,000.00 - 19,111.11 20,000.00
3,300.00 2.44 -
550,000.00 407.41 -
41,800.00 30.96 -
10,000.00 7.41 -
2,975.00 2.20 -
29,000.00 21.48 -
283,000.00 209.63 -
41,500.00 30.74 -
3,300.00 2.44 -
11,200.00 8.30 -
- -
34,324,030.00 34,324,030.00 25,425.21 25,425.21 216,162.00 216,162.00 277,471.09
- - -
JV -Current (USD) Coso Trail
110,318.12 63,472.10 46,846.02 46846.0209100233
106,076.00 166,347.95 169,987.88 (3,639.93)
166,347.95 - 1,527,190.04 (1,527,190.04)
662.73 - 662.73 662.727272727273
- 219,248.06 - 219,248.06 219248.0605479
5,047.14 7,354.10 13,800.84 (6,446.74)
11,402.36 - 11,402.36 11402.3551272727
106,076.00 210,930.96 (104,854.96)
2,361.60 - 2,361.60 2361.60090909091
5,616.00 - 5,616.00 5616
- 52,731.72 (52,731.72)
408,423.84 - 408,423.84 408423.838881119
1,363.64 - 1,363.64 1363.63636363636
307.69 - 307.69 307.692307692308
75.00 - 75.00 75
792,054.00 - 792,054.00 792054
187,655.50 - 187,655.50 192502.462193
14,000.00 - 14,000.00 14000
82.96 - 1694863.39451246
3,037.04 -
45.78 - 1694863.395
7.41 -
2.20 -
8.15 -
28.52 -
23.00 -
20,000.00 19,111.11
2.44 -
407.41 -
30.96 -
7.41 -
2.20 -
21.48 -
209.63 -
30.74 -
2.44 -
8.30 -
- - -
277,471.09 ### 2,057,224.65 (4,846.96)
- 0.00
3639.92999999999
1527190.04

6446.74451214708

104854.96

52731.72

1694863.39451215
3.1455419958E-07
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 29 February'16
Opening YGN
50101 4000 PL Salary & Wages - Admin
50102 4000 PL Staff Related Exp - Admin
50101 5000 PL Salary & Wages - S & M
50102 5000 PL Staff Related Exp - S&M
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
4,100,000.00 3,153.85 -
41,800.00 32.15 -
550,000.00 423.08 -
41,800.00 32.15 -
JV -Current (USD) Coso Trail
3,153.85 - 3,153.85
32.15 - 32.15
423.08 - 423.08
32.15 - 32.15
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 29 February'16

Opening
14122 100 BS Operating-Staff Canteen
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 6000 PL Salary & Wages ( Eng )

2,028,588.16 2,028,588.16
0.00
 USD JV Coso
1482.63 380.14 1,862.77 1,862.77 1,862.77
2768.76 - 2,768.76 -
2735.44 - 2,735.44 -
642.28 - 642.28 -
256.15 - 256.15 -
1692.70 - 1,692.70 -
1036.48 - 1,036.48 -

437,162.80 437,162.80 492,490.11 492,490.11 2,958,241.07 2,958,241.07

(0.00) 0.00 (0.00)
 0.00
2,768.76
2,735.44
642.28
256.15
1,692.70
1,036.48

(0.00)
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 29th Febrnuary'16

Inle YGN Total

11012 100 BS Cash in Hand 126021.86 78959.96 204981.82
13023 100 BS A/R Guest Ledger -Inle 13305.60 34934.63 48240.23
13024 100 BS City Ledger ( Agoda ) 6844.06 6844.06
13024 100 BS City Ledger ( HO ) 1692801.60 -1692801.60 0.00
13024 100 BS City Ledger ( Tauck ) 14471.16 14471.16
13027 100 BS Construction- pool 58285.10 58285.10
13027 100 BS Construction ( Laundry ) 301.50 301.50
13027 100 BS Construction- New Bar 325.80 325.80
13027 100 BS Construction: Second Phase 21727.27 21727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73 662.73

asset )
13032 100 BS Current HO Purchasing -232244.98 232042.93 -202.05
13032 100 BS Current HO Payable - Outstanding -5958.70 -5958.70
14011 100 BS Inventory-Food(Store) 4327.50 4327.50
14012 100 BS Inventory-Beverage(Store) 12458.41 12458.41
14013 100 BS Inventory Cleaning Supply Store 1324.54 1324.54
14013 100 BS Inventory - Cleaning Supplies 658.98 658.98
14014 100 BS Inventory-Guest Supplies ( Store ) 1932.90 1932.90
14015 100 BS Inventory - Massage Oil 119.30 119.30
14016 100 BS Inventory - Souvier 95.00 95.00
14017 100 BS Inventory - Printing Supplies ( Store ) 4579.88 4579.88
14019 100 BS Inventory-Diesel & Petrol ( Store ) 27.64 27.64
14019 100 BS Inventory Diesel,Petrol ( Generator ) 102.49 102.49
14020 100 BS Inventory-Gas 236.32 236.32
14021 100 BS Inventory - H.K'Guest Supplies 764.30 764.30
14023 100 BS Inventory Other Supply Store 2141.09 2141.09
14024 100 BS Inventory - Mini Bar ( Beverage ) 222.82 222.82
14024 100 BS Inventory - Mini Bar ( Food ) 40.21 40.21
14122 100 BS Operating-Staff Canteen 0.00 0.00
14125 100 BS Operation - Food 6003.55 6003.55
14126 100 BS Operation - Beverage ( Bar ) 2563.97 2563.97
15012 100 BS Prepaid 51430.88 11402.36 62833.24
15115 100 BS AR Collection - Deposit -51726.96 -51726.96
16014 100 BS Staff Advance 6525.91 2361.60 8887.51
16015 100 BS Refund 5616.00 5616.00
16103 100 BS Supsend -14868.94 -52731.72 -67600.66
16303 100 BS Current A/C Cash Remittance -425269.84 425269.84 0.00
17098 100 BS F Asset F&B 11391.09 1363.64 12754.73
17101 100 BS F Asset ( Brick Fance ) 7401.00 7401.00
17101 100 BS F Asset Land & Building 17454.54 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 629.63 382.69 1012.32
17104 100 BS Fix Asset ( HK ) 19049.80 19049.80
17105 100 BS Fixed Asset ( Venical ) 21666.67 21666.67
18011 200 BS Account Payable - Lease Rental -7600.00 -7600.00
18011 200 BS Account Payable -Services Money -22484.43 -22484.43
18011 200 BS Account Payable -Commerical Tax -57411.78 -57411.78
18011 200 BS Account Payable - Columbus 83461.54 798529.00 881990.54
18011 200 BS Accrued Payable Hotel (Trade ) -24753.87 -24753.87
18011 200 BS Accrued Payable Hotel (Second phase Constr -893.86 -893.86
19014 200 BS Accrued Electricity -8394.57 -8394.57
19014 200 BS Account Payable - Office Rental (HO) -4406.38 -4406.38
21102 200 BS Tip for Staff -271.25 -271.25
29999 200 BS Retain Earning -1247759.45 206502.46 -1041256.99

30101 1000 PL Room Revenue -136449.45 -136449.45

50101 1000 PL Salary & Wages ( HK ) 2768.76 2768.76
50102 1000 PL Staff Related Expenses 643.10 643.10
60102 1000 PL Cleaning Supplies 336.39 336.39
60103 1000 PL Guest Supplies 1054.59 1054.59
60107 1000 PL PS for HK 121.14 121.14
60202 1000 PL Laundry 798.93 798.93
60204 1000 PL Uniform for Room Dept 70.70 70.70
60301 1000 PL Postage,Telephone,e-mail 54.59 54.59
60303 1000 PL Transportation & Labour ( HK ) 249.88 249.88
60402 1000 PL Flowers & Decoration ( HK ) 46.15 46.15
60419 1000 PL Complimentory Food & Beverage 679.37 679.37
61021 1000 PL Landscaping 95.21 95.21
62011 1000 PL Room Commission Fee 663.00 663.00
62011 1000 PL Room Commission Fee 63.75 63.75
62013 1000 PL Operation Utensils ( HK ) 16.15 16.15
69999 1000 PL Miscelleneous 291.02 291.02
31011 2000 PL Food Revenue -36068.05 -36068.05
32011 2000 PL Beverage Revenue -14040.63 -14040.63
41011 2000 PL Food Cost 7667.82 7667.82
42011 2000 PL Beverage Cost 3581.57 3581.57
50101 2000 PL Salary & Wages ( F&B ) 2735.44 2735.44
50102 2000 PL Staff Related Expenses 532.22 532.22
60102 2000 PL Cleaning Supply 46.51 46.51
60103 2000 PL Guest Supply 50.01 50.01
60107 2000 PL Printing Supply 47.28 47.28
60202 2000 PL Laundry 107.05 107.05
60204 2000 PL Uniform for F&B Department 30.28 30.28
60301 2000 PL Postage,Telephone,e-mail 49.21 49.21
60303 2000 PL Transportation & Labour ( F&B ) 164.50 164.50
60415 2000 PL Utential GAS Cost 345.71 345.71
62013 2000 PL Utensal 120.77 120.77
69999 2000 PL Miscellaneous 358.94 358.94
30101 3100 PL Revenue - Phone 0.00 0.00
30101 3200 PL Revenue - SPA -5007.83 -5007.83
50101 3200 PL Salary & Wages ( Spa ) 642.28 642.28
64015 3200 PL Other Expense ( MOD ) 1319.73 1319.73
69999 3200 PL Miscelleneous ( Spa ) 138.31 138.31
30102 3300 PL Revenue - Others -4277.23 -4277.23
30102 3300 PL Other -Commerical & Services Money -29406.24 -29406.24
30104 3300 PL Revenue - Transportation -1280.87 -1280.87
40101 3300 PL Cost Of Minibar ( Food ) 104.55 104.55
40101 3300 PL Cost Of Minibar ( Beverage ) 349.76 349.76
64015 3300 PL Transport Expenses ( MOD ) 461.14 461.14
64015 3300 PL Service Money for February'16 19604.16 19604.16
64015 3300 PL Comersial Tax for February'16 9802.08 9802.08
30101 3400 PL Revenue - Laundry -2029.57 -2029.57
40101 3400 PL Cost of Laundry 28.02 28.02
50101 3400 PL Salary & Wages ( Ldy ) 256.15 256.15
50102 3400 PL Staff Related Expenses 66.53 66.53
50101 4000 PL Salary & Wages ( Admin ) 1692.70 3153.85 4846.55
50102 4000 PL Staff Related Exp 542.38 32.15 574.53
60107 4000 PL Printing and Stationary - Admin 86.96 37.29 124.25
60202 4000 PL Laundry 128.45 128.45
60204 4000 PL Uniform for A&G Department 22.59 22.59
60301 4000 PL Postage,Telephone,e-mail 32.53 7.54 40.07
60303 4000 PL Transportation & Labour ( Admin ) 105.53 100.85 206.38
60408 4000 PL Bank Charges ( Admin ) 0.54 20.00 20.54
60413 4000 PL Exchange A/C 3019.84 908.42 3928.26
60414 4000 PL Travelling ( Admin ) 547.00 547.00
60416 4000 PL Licence & Tax 348.00 348.00
60418 4000 PL Staff Activity ( Admin ) 191.92 191.92
60422 4000 PL Donation to Monestry Entrance ( Parnway Mo 128.46 128.46
60422 4000 PL Present & Donation 1402.62 1402.62
63011 4000 PL Rental -Office 384.62 384.62
63013 4000 PL Medical Expenses ( Admin ) 49.77 49.77
69999 4000 PL Miscellaneous ( Admin ) 9.15 25.24 34.39
50101 5000 PL Salary & Wages - S & M 423.08 423.08
50102 5000 PL Staff Related Exp - S&M 32.15 32.15
60107 5000 PL Printing & Stationery - S&M 5.67 5.67
60301 5000 PL Postage,Telephone, e-mail 36.12 7.54 43.66
60303 5000 PL Transportation & Labour: S & M 17.54 17.54
60407 5000 PL Advertising Exp: S&M 416.92 416.92
60412 5000 PL Entertainment ( S&M ) 92.31 92.31
60414 5000 PL Travelling ( S&M ) 226.07 226.07
69999 5000 PL Miscellaneous Exp: S & M 0.62 0.62
50101 6000 PL Salary & Wages ( Eng ) 1036.48 1036.48
50102 6000 PL Staff Related Expenses 177.41 177.41
60107 6000 PL PS for Eng 5.31 5.31
60108 6000 PL Engineering Supplies 1022.71 1022.71
60204 6000 PL Uniform for M&E 18.73 18.73
60301 6000 PL Postage,Telephone,e-mail 10.38 10.38
60306 6000 PL Motor Vehicle Expenses ( Eng ) 50.38 2.31 52.69
61011 6000 PL Maintenance Building 6363.00 6363.00
61018 6000 PL Maintenance Water Supply 80.15 80.15
61019 6000 PL Painting & Renovation 39.62 39.62
61021 6000 PL Landscaping 5221.76 5221.76
61022 6000 PL Pool 223.08 223.08
61023 6000 PL Light & Bulb 150.77 150.77
65012 7000 PL Utential Diesel 229.51 229.51
65013 7000 PL EPC Bill for February'16 3475.46 3475.46
70102 8000 PL Lease Rental 400.00 400.00
80105 9000 PL Reallocation - SPA 110.21 110.21

0.00 0.00 0.01

69555.45

81302.40

-6160.75

37598.93
139143.42
-238158.18

5743.77

7522.92
-139143.41
0.01
 Villa Inle Resort & Spa
Balance Sheet as at February 29 , 2016

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable

TOTAL CURRENT LIABILITIES

NET ASSETS
 5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
t & Spa
ruary 29 , 2016

USD

7,401
1,012
19,050
12,755
21,667
17,455
81,302

160,641

69,555
62,833
8,888

37,599
204,982

383,857
544,498.39
-

(67,601)
(24,754)
(894)
881,991
(6,161)
(22,484)
(57,412)
(7,600)
(4,406)
(8,395)

(51726.96)
5,345

635,902
1,180,400
1,041,257
139,143

1,180,400

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 29 February 2016
Amount (USD)
Revenue -
Room Revenue 136,449
Mini Bar Revenue
Food & Beverage 50,109
Other Operation Department
Phone
SPA 5,008
Other 4,277
Transportation 1,281
Laundry 2,030
Other -Commerical & Services Money 29,406

Total Revenue 228,560

Cost of Sale
Room Expenses 7,953
Salary & Wages ( HK ) 2768.76
Staff Related Expenses 643.10
Cleaning Supplies 336.39
Guest Supplies 1054.59
PS for HK 121.14
Laundry 798.93
Uniform for Room Dept 70.70
Postage,Telephone,e-mail 54.59
Transportation & Labour ( HK ) 249.88
Flowers & Decoration ( HK ) 46.15
Complimentory Food & Beverage 679.37
Landscaping 95.21
Room Commission Fee 663.00
Room Commission Fee 63.75
Operation Utensils ( HK ) 16.15
Miscelleneous 291.02

Mini Bar Expenses 454

Mini Bar Cost 454.31

Food & Beverage Expenses 15,837

Food Cost 7,667.82
 Beverage Cost 3,581.57
Salary & Wages ( F&B ) 2,735.44
Staff Related Expenses 532.22
Cleaning Supply 46.51
Guest Supply 50.01
Printing Supply 47.28
Laundry 107.05
Uniform for F&B Department 30.28
Postage,Telephone,e-mail 49.21
Transportation & Labour ( F&B ) 164.50
Utential GAS Cost 345.71
Utensal 120.77
Miscellaneous 358.94

Other Operation Department 3,022

Salary & Wages ( Spa ) 642.28
Other Expense ( MOD ) 1,319.73
Miscelleneous ( Spa ) 138.31
Reallocation - SPA 110.21
Transport Expenses ( MOD ) 461.14
Cost of Laundry 28.02
Salary & Wages ( Ldy ) 256.15
Staff Related Expenses 66.53

Tax & Services Money 29,406

Other -Commerical Tax 9,802.08
Other -Services Money 19,604.16

Total Cost of Sale 56,673

Gross Operating Profit 171,887

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 1,258
Salary & Wages - S & M 423.08
Staff Related Exp - S&M 32.15
Printing & Stationery - S&M 5.67
Postage,Telephone, e-mail 43.66
Transportation & Labour: S & M 17.54
Advertising Exp: S&M 416.92
Entertainment ( S&M ) 92.31
Travelling ( S&M ) 226.07
Miscellaneous Exp: S & M 0.62
 Maintance Expenses 14,402
Salary & Wages ( Eng ) 1036.48
Staff Related Expenses 177.41
PS for Eng 5.31
Engineering Supplies 1022.71
Uniform for M&E 18.73
Postage,Telephone,e-mail 10.38
Motor Vehicle Expenses ( Eng ) 52.69
Maintenance Building 6363.00
Maintenance Water Supply 80.15
Painting & Renovation 39.62
Landscaping 5221.76
Pool 223.08
Light & Bulb 150.77

Admin & General Expenses 17,083

Salary & Wages ( Admin ) 4,846.55
Staff Related Exp 574.53
Printing and Stationary - Admin 124.25
Laundry 128.45
Uniform for A&G Department 22.59
Postage,Telephone,e-mail 40.07
Transportation & Labour ( Admin ) 206.38
Bank Charges ( Admin ) 20.54
Exchange A/C 3,928.26
Travelling ( Admin ) 547.00
Licence & Tax 348.00
Staff Activity ( Admin ) 191.92
Donation to Monestry Entrance ( Parnway Monestry ) 128.46
Present & Donation 1,402.62
Rental -Office 384.62
Medical Expenses ( Admin ) 49.77
Miscellaneous ( Admin ) 34.39
Utential Diesel 229.51
EPC Bill for February'16 3,475.46
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 32,743

Net Operating Profit 139,143

-
 780
275.565
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 March'16
Opening YGN
50101 4000 PL Salary & Wages - Admin
50102 4000 PL Staff Related Exp - Admin
50101 5000 PL Salary & Wages - S & M
50102 5000 PL Staff Related Exp - S&M
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
550,000.00 440.00 -
53,600.00 42.88 -
4,100,000.00 3,280.00 -
50,600.00 40.48 -
JV -Current (USD) Coso Trail
440.00 - 440.00
42.88 - 42.88
3,280.00 - 3,280.00
40.48 - 40.48
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 March'16

Opening
14122 100 BS Operating-Staff Canteen 0.0023076923076
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 6000 PL Salary & Wages ( Eng )

2,230,203.63 2,230,203.63
(0.00)
 USD JV Coso
1572.77 369.27 1,942.04 1,942.04 1,942.04
2991.44 - 2,991.44 -
2852.66 - 2,852.66 -
673.60 - 673.60 -
266.40 - 266.40 -
1787.42 - 1,787.42 -
1240.00 - 1,240.00 -

235,197.73 235,197.73 349,555.13 349,555.13 2,814,956.48 2,814,956.49

(0.00) - (0.00)
 0.00
2,991.44
2,852.66
673.60
266.40
1,787.42
1,240.00

(0.00)
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31st March'16

Inle YGN
11012 100 BS Cash in Hand 112,491.63 73901.65
13023 100 BS A/R Guest Ledger -Inle 3,996.88 22,624.15
13024 100 BS City Ledger ( Agoda ) 8,861.23
13024 100 BS City Ledger ( HO ) 1,799,370.12 (1,799,370.12)
13024 100 BS City Ledger ( Tauck ) 22,715.16
13024 100 BS City Ledger
13027 100 BS Construction- pool 55,409.60
13027 100 BS Construction ( Laundry ) (301.50)
13027 100 BS Construction- New Bar -325.78
13027 100 BS Construction: Second Phase 21,727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73

asset )
13032 100 BS Current HO Purchasing -257010.64 256808.59
13032 100 BS Current HO Payable - Outstanding -1956.98
14011 100 BS Inventory-Food(Store) 3,837.44
14012 100 BS Inventory-Beverage(Store) 17,894.60
14013 100 BS Inventory Cleaning Supply Store 1,266.39
14013 100 BS Inventory - Cleaning Supplies 543.14
14014 100 BS Inventory-Guest Supplies ( Store ) 1,385.19
14015 100 BS Inventory - Massage Oil 73.31
14016 100 BS Inventory - Souvier 95.00
14017 100 BS Inventory - Printing Supplies ( Store ) 4,414.73
14019 100 BS Inventory-Diesel & Petrol ( Store ) 65.74
14019 100 BS Inventory Diesel,Petrol ( Generator ) 156.99
14020 100 BS Inventory-Gas 307.21
14021 100 BS Inventory - H.K'Guest Supplies 655.71
14023 100 BS Inventory Other Supply Store 2,129.29
14024 100 BS Inventory - Mini Bar ( Beverage ) 213.84
14024 100 BS Inventory - Mini Bar ( Food ) 22.80
14122 100 BS Operating-Staff Canteen 0.00
14125 100 BS Operation - Food 5,028.94
14126 100 BS Operation - Beverage ( Bar ) 2,056.56
15012 100 BS Prepaid 46,788.64 11402.36
15115 100 BS AR Collection - Deposit -10894.96
16014 100 BS Staff Advance 795.91 2361.60
16015 100 BS Refund 5916.00
16103 100 BS Supsend (14,868.94) -52731.72
16303 100 BS Current A/C Cash Remittance -438918.84 438918.84
17098 100 BS F Asset F&B 11,391.09 1,363.64
17101 100 BS F Asset ( Brick Fance ) 7,401.00
17101 100 BS F Asset Land & Building 17,454.54
17102 100 BS Fixed Asset ( Office Equipment ) 1,300.03 382.69
17104 100 BS Fix Asset ( HK ) 19,049.80
17105 100 BS Fixed Asset ( Venical ) 21,666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.4
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00
18011 200 BS Account Payable - Lease Rental (8,000.00)
18011 200 BS Account Payable -Services Money (15,686.15)
18011 200 BS Account Payable -Commerical Tax (56,532.57)
18011 200 BS Account Payable - Columbus 83,461.54 831880.00
18011 200 BS Accrued Payable Hotel (Trade ) (25,924.79)
19014 200 BS Accrued Electricity (8,166.57)
19014 200 BS Account Payable - Office Rental (HO) (4,806.38)
21102 200 BS Tip for Staff (286.25)
29999 200 BS Retain Earning (1,392,094.02) 211693.61

30101 1000 PL Room Revenue (88,913.34)

30101 1000 PL Room Revenue 100.00
50101 1000 PL Salary & Wages ( HK ) 2,991.44
50102 1000 PL Staff Related Expenses 678.54
60102 1000 PL Cleaning Supplies 288.67
60103 1000 PL Guest Supply 916.38
60107 1000 PL PS for HK 167.62
60202 1000 PL Laundry 541.55
60204 1000 PL Uniform for Room Dept 73.53
60301 1000 PL Postage,Telephone, e-mail 47.65
60303 1000 PL Transportation & Labour ( HK ) 173.36
60402 1000 PL Flowers & Decoration ( HK ) 326.40
60419 1000 PL Complimentory Food & Beverage 937.78
61021 1000 PL Landscaping 721.98
62011 1000 PL Room Commission Fee 870.00
62011 1000 PL Room Commission Fee 63.75
69999 1000 PL Miscelleneous 18.76
31011 2000 PL Food Revenue (23,556.31)
32011 2000 PL Beverage Revenue (8,513.20)
41011 2000 PL Food Cost 6,624.22
42011 2000 PL Beverage Cost 2,211.23
50101 2000 PL Salary & Wages ( F&B ) 2,852.66
50102 2000 PL Staff Related Expenses 538.16
60102 2000 PL Cleaning Supply 34.20
60103 2000 PL Guest Supply 52.37
60107 2000 PL PS for F&B 43.90
60202 2000 PL Laundry 36.56
60204 2000 PL Uniform for F&B Department 31.50
60301 2000 PL Postage,Telephone, e-mail 36.37
60303 2000 PL Transportation & Labour ( F&B ) 274.44
60415 2000 PL Utential GAS Cost 297.75
62013 2000 PL Utensal 125.60
69999 2000 PL Miscelleneous 575.66
30101 3100 PL Revenue - Phone (18.26)
30101 3200 PL Revenue - SPA (4,206.09)
50101 3200 PL Salary & Wages ( Spa ) 673.60
50102 3200 PL Staff Related Expenses 140.39
64015 3200 PL Other Expense ( MOD ) 1,036.44
69999 3200 PL Miscellaneous ( Spa ) 14.73
30102 3300 PL Revenue - Others (3,279.65)
30102 3300 PL Other -Commerical & Services Money (19,208.57)
30104 3300 PL Revenue - Transportation (1,642.61)
40101 3300 PL Cost Of Minibar ( Food ) 86.77
40101 3300 PL Cost Of Minibar ( Beverage ) 289.26
64015 3300 PL Transport Expenses ( MOD ) 651.48
64015 3300 PL Service Money for February'16 12,805.72
64015 3300 PL Comersial Tax for March'16 6,402.85
30101 3400 PL Revenue - Laundry (723.91)
40101 3400 PL Cost of Laundry 9.60
50101 3400 PL Salary & Wages ( Ldy ) 266.40
50102 3400 PL Staff Related Expenses ( Ldy ) 70.19
40101 3600 PL Cost of Sale - Souvenir 209.80
50101 4000 PL Salary & Wages ( Admin ) 1,787.42 440.00
50102 4000 PL Staff Related Expense 679.73 42.88
60107 4000 PL PS for Finance 85.37 0.72
60202 4000 PL Laundry 7.45
60202 4000 PL Data Processing - Admin 8.00
60204 4000 PL Uniform for A&G Department 23.49
60301 4000 PL Postage,Telephone, e-mail 40.82 21.04
60303 4000 PL Transportation & Labour ( Admin ) 192.84 160.56
60403 4000 PL Audit Fee & Expenses 1886.40
60410 4000 PL Manpower Development ( Admin ) 120
60412 4000 PL Entertainment ( Admin ) 160.00
60413 4000 PL Exchange A/C 1275.10608696 494.13
60414 4000 PL Travelling ( Admin ) 927.11
60416 4000 PL Licence & Tax 9944.0704
60422 4000 PL Present & Donation ( Admin ) 524.40
63011 4000 PL Rental -Office 400
63013 4000 PL Medical Expenses ( Admin ) 15.64
69999 4000 PL Miscellenous 29.83 1.88
50101 5000 PL Salary & Wages - S & M 3280
50102 5000 PL Staff Related Exp - S&M 40.48
60107 5000 PL Printing & Stationery - S&M 5.52
60202 5000 PL Data Processing - S&M 8
60301 5000 PL Postage,Telephone, e-mail 14.77 21.04
60303 5000 PL Transportation - S&M 30.8
60407 5000 PL Advertising Exp: S&M 493
69999 5000 PL Miscellaneous Exp: S & M 1.88
50101 6000 PL Salary & Wages ( Eng ) 1,240.00
50102 6000 PL Staff Related Expenses 187.19
60108 6000 PL Engineering Supplies 2143.17
60201 6000 PL Printing & Stationery ( Eng ) 7.55
60204 6000 PL Uniform for M&E 21.88
60301 6000 PL Postage,Telephone,e-mail 10.80
60306 6000 PL Motor Vehicle Expenses 466.40 1.6
61011 6000 PL Maintenance Building 7642.853376
61018 6000 PL Maintenance Water Supply 892.68
61019 6000 PL Painting & Renovation 9.60
61021 6000 PL Landscaping 10,806.63
61023 6000 PL Light & Bulb 30.40
69999 6000 PL Miscelleneous 0.46
65012 7000 PL Utential Diesel 78.85
65013 7000 PL EPC Bill for February'16 3632.88
70102 8000 PL Lease Rental 400
80105 9000 PL Reallocation - SPA 65.33
3200 69999 PL Miscellenous
0.00
Total
186393.28
26621.03
8861.23
0.00
22715.16
0.00 58197.42
55409.60
-301.50
-325.78
21727.27

662.73
77172.32
-202.05
-1956.98 -2159.03
3837.44
17894.60
1266.39
543.14
1385.19
73.31
95.00
4414.73
65.74
156.99
307.21
655.71
2129.29
213.84
22.80
0.00
5028.94
2056.56 40146.90
58190.99
-10894.96
3157.51
5916.00
-67600.66
0.00
12754.73
7401.00
17454.54
1682.72
19049.80
21666.67
1082.40
8800.00
-8000.00
-15686.15
-56532.57
915341.54
 -25924.79
-8166.57
-4806.38
-286.25
-1180400.41
53950.03

-88913.34
100.00
2991.44
678.54
288.67
916.38
167.62
541.55
73.53
47.65
173.36
326.40
937.78
721.98
870.00
63.75
18.76
-23556.31
-8513.20
6624.22
2211.23
2852.66
538.16
34.20
52.37
43.90
36.56
31.50
36.37
274.44
297.75
125.60
575.66
-18.26
-4206.09
673.60
140.39
1036.44
14.73
-3279.65
-19208.57
-1642.61
86.77
289.26
651.48
12805.72
6402.85
 -723.91
9.60
266.40
70.19
209.80
2227.42
722.61
86.09
7.45
8.00
23.49
61.86
353.40
1886.40
120.00
160.00
1769.24
927.11
9944.07
524.40
400.00
15.64
31.71
3280.00
40.48
5.52
8.00
35.81
30.80
493.00
1.88
1240.00
187.19
2143.17
7.55
21.88
10.80
468.00
7642.85
892.68
9.60
10806.63
30.40
0.46
78.85
3632.88
400.00
65.33
0.00
(0.00) -53950.03
0.00
 Villa Inle Resort & Spa
Balance Sheet as at March 31 , 2016

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset ( Vehical )
Fix Asset ( Other )
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable

TOTAL CURRENT LIABILITIES

NET ASSETS
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
t & Spa
arch 31 , 2016

USD

7,401
1,683
19,050
12,755
21,667
9,882
17,455
77,172

167,064

58,197
58,191
3,158

40,147
186,393

346,086
513,150.27
-

(67,601)
(25,925)

915,342
(2,159)
(15,686)
(56,533)
(8,000)
(4,806)
(8,167)

(10894.96)
5,630

721,200
1,234,350

1,180,400
53,950

1,234,350

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 March 2016

Revenue
Room Revenue
Mini Bar Revenue
Food & Beverage
Other Operation Department
Phone
SPA
Other
Transportation
Laundry
Other -Commerical & Services Money

Total Revenue

Cost of Sale
Room Expenses
Salary & Wages ( HK ) 2991.44
Staff Related Expenses 678.54
Cleaning Supplies 288.67
Guest Supply 916.38
PS for HK 167.62
Laundry 541.55
Uniform for Room Dept 73.53
Postage,Telephone, e-mail 47.65
Transportation & Labour ( HK ) 173.36
Flowers & Decoration ( HK ) 326.40
Complimentory Food & Beverage 937.78
Landscaping 721.98
Room Commission Fee 870.00
Room Commission Fee 63.75
Miscelleneous 18.76

Mini Bar Expenses

Mini Bar Cost 376.03

Food & Beverage Expenses

Food Cost 6,624.22
Beverage Cost 2,211.23
Salary & Wages ( F&B ) 2,852.66
Staff Related Expenses 538.16
Cleaning Supply 34.20
Guest Supply 52.37
 PS for F&B 43.90
Laundry 36.56
Uniform for F&B Department 31.50
Postage,Telephone, e-mail 36.37
Transportation & Labour ( F&B ) 274.44
Utensal 125.60
Utential GAS Cost 297.75
Miscelleneous 575.66

Other Operation Department

Salary & Wages ( Spa ) 673.60
Staff Related Expenses 140.39
Other Expense ( MOD ) 1,036.44
Miscellaneous ( Spa ) 14.73
Reallocation - SPA 65.33
Transport Expenses ( MOD ) 651.48
Cost of Laundry 9.60
Salary & Wages ( Ldy ) 266.40
Staff Related Expenses ( Ldy ) 70.19
Cost of Sale - Souvenir 209.80

Tax & Services Money

Other -Commerical Tax 6,402.85
Other -Services Money 12,805.72

Total Cost of Sale

Gross Operating Profit

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing
Salary & Wages - S & M 3280.00
Staff Related Exp - S&M 40.48
Printing & Stationery - S&M 5.52
Data Processing - S&M 8.00
Postage,Telephone, e-mail 35.81
Transportation - S&M 30.80
Advertising Exp: S&M 493.00
Miscellaneous Exp: S & M 1.88

Maintance Expenses
Salary & Wages ( Eng ) 1240.00
Staff Related Expenses 187.19
Engineering Supplies 2143.17
Printing & Stationery ( Eng ) 7.55
Uniform for M&E 21.88
Postage,Telephone,e-mail 10.80
Motor Vehicle Expenses 468.00
 Maintenance Building 7642.85
Maintenance Water Supply 892.68
Painting & Renovation 9.60
Landscaping 10806.63
Light & Bulb 30.40
Miscelleneous 0.46

Admin & General Expenses

Salary & Wages ( Admin ) 2,227.42
Staff Related Expense 722.61
PS for Finance 86.09
Laundry 7.45
Data Processing - Admin 8.00
Uniform for A&G Department 23.49
Postage,Telephone, e-mail 61.86
Transportation & Labour ( Admin ) 353.40
Audit Fee & Expenses 1,886.40
Manpower Development ( Admin ) 120.00
Entertainment ( Admin ) 160.00
Exchange A/C 1,769.24
Travelling ( Admin ) 927.11
Licence & Tax 9,944.07
Present & Donation ( Admin ) 524.40
Rental -Office 400.00
Medical Expenses ( Admin ) 15.64
Miscellenous 31.71
Utential Diesel 78.85
EPC Bill for February'16 3,632.88
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses

Net Operating Profit

Amount (USD)
-
88,813

32,070

18
4,206
3,280 3279.65
1,643 1642.61
724
19,209 19208.18

149,962 150,062

8,817

376

13,735
 3,138

19,209

45,275

104,687

3,895

23,461
23,381

50,737

53,950

53,950
0
 10
15
13
6
780 44
275.565
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 30 April'16
Opening YGN YGN (Kyat)
50102 4000 PL Staff Related Exp - Admin 26,400.00
50102 5000 PL Staff Related Exp - S&M 26,400.00
YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
21.12 -
21.12 -
 Coso Trail
21.12 - 21.12
21.12 - 21.12
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 April'16

Opening
14122 100 BS Operating-Staff Canteen 0.0043076923075
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1617.996 350.58 1968.58 1,968.58 1,968.58
2661.8576 0 2,661.86 -
2478.0304 0 2,478.03 -
673.60 - 673.60 -
266.4 0 266.40 -
5056.16 - 5,056.16 -
440 0 440.00 -
1240 0 1,240.00 -

16.04
 0.00
2,661.86
2,478.03
673.60
266.40
5,056.16
440.00
1,240.00
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 30th April'16

Inle YGN
11012 100 BS Cash in Hand 140,429.78 64121.26
13023 100 BS A/R Guest Ledger -Inle (338.81) 25563.40
13024 100 BS City Ledger ( Agoda ) 11,606.85
13024 100 BS City Ledger ( HO ) 1,823,827.37 -1823827.37
13024 100 BS City Ledger ( Tauck ) 329.16
13027 100 BS Construction- pool 52534.0972727
13027 100 BS Construction ( Laundry ) (904.50)
13027 100 BS Construction- New Bar (977.36)
13027 100 BS Construction: Second Phase 21727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73

asset )
13032 100 BS Current HO Purchasing (262,007.32) 261789.23
13032 100 BS Current HO Payable - Outstanding -1397.64
14011 100 BS Inventory-Food(Store) 3630.86944326
14012 100 BS Inventory-Beverage(Store) 18244.84
14013 100 BS Inventory Cleaning Supply Store 1376.51
14013 100 BS Inventory - Cleaning Supplies 460.52
14014 100 BS Inventory-Guest Supplies ( Store ) 1336.36
14015 100 BS Inventory - Massage Oil 86.78
14016 100 BS Inventory - Souvier 95.00
14017 100 BS Inventory - Printing Supplies ( Store ) 4385.63
14019 100 BS Inventory-Diesel & Petrol ( Store ) 252.31
14019 100 BS Inventory Diesel,Petrol ( Generator ) 83.99
14020 100 BS Inventory-Gas 61.45
14021 100 BS Inventory - H.K'Guest Supplies 680.61
14023 100 BS Inventory Other Supply Store 2237.74
14024 100 BS Inventory - Mini Bar ( Beverage ) 192.90
14024 100 BS Inventory - Mini Bar ( Food ) 28.88
14122 100 BS Operating-Staff Canteen 0.00
14125 100 BS Operation - Food 4982.02
14126 100 BS Operation - Beverage ( Bar ) 2099.16
15012 100 BS Prepaid 42879.86 11402.36
15115 100 BS AR Collection - Deposit -2916.96
16014 100 BS Staff Advance 115.91 2361.60
16015 100 BS Refund 6044.00
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -455392.84 455392.84
17098 100 BS F Asset F&B 11391.09 1363.64
17101 100 BS F Asset ( Brick Fance ) 7401.00
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 1300.03 382.69
17104 100 BS Fix Asset ( HK ) 19049.80
17105 100 BS Fixed Asset ( Venical ) 21666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 185.60
18011 200 BS Account Payable - Lease Rental -8400.00
18011 200 BS Account Payable -Services Money -6625.89
18011 200 BS Account Payable -Commerical Tax -58745.44
18011 200 BS Account Payable - Columbus 83461.54 831880.00
18011 200 BS Accrued Payable Hotel (Trade ) -26007.60
19014 200 BS Accrued Electricity -7233.85
19014 200 BS Account Payable - Office Rental (HO) -5206.38
21102 200 BS Tip for Staff -37.25
29999 200 BS Retain Earning -1453081.98 218731.54

30101 1000 PL Room Revenue -24642.99 16.00

50101 1000 PL Salary & Wages ( HK ) 2661.86
50102 1000 PL Staff Related Expenses 672.20
60102 1000 PL Cleaning Supplies ( HK ) 259.79
60103 1000 PL Guest Supply 447.05
60107 1000 PL PS for HK 55.87
60202 1000 PL Laundry 434.40
60204 1000 PL Uniform for Room Dept 73.53
60301 1000 PL Postage,Telephone,e-mail ( HK ) 49.27
60303 1000 PL Transportation & Labour ( HK ) 69.20
60402 1000 PL Flowers & Decoration ( HK ) 84.40
60410 1000 PL Complimentory Food & Beverage 884.66
61021 1000 PL Landscaping 188.29
62011 1000 PL Room Commission Fee 398.25
62011 1000 PL Room Commission Fee 63.75
69999 1000 PL Miscelleneous 133.77
31011 2000 PL Food Revenue -11703.37
32011 2000 PL Beverage Revenue -3585.79
41011 2000 PL Food Cost 3115.44
42011 2000 PL Beverage Cost 879.21
50101 2000 PL Salary & Wages ( F&B ) 2478.03
50102 2000 PL Staff Related Expenses 552.16
60102 2000 PL Cleaning Supply 34.16
60103 2000 PL Guest Supply 40.65
60107 2000 PL PS for F&B 16.31
60202 2000 PL Laundry 28.70
60204 2000 PL Uniform for F&B Department 31.50
60301 2000 PL Postage,Telephone, e-mail 23.04
60303 2000 PL Transportation & Labour ( F&B ) 37.52
60415 2000 PL Utential GAS Cost 245.76
62013 2000 PL Utensal 125.60
69999 2000 PL Miscellaneous 225.68
30101 3200 PL Revenue - SPA -2700.00
50101 3200 PL Salary & Wages ( Spa ) 673.60
50102 3200 PL Staff Related Expenses 144.04
69999 3200 PL Uniform for Spa 1.62
30102 3300 PL Revenue - Others -1050.45 60.00
30102 3300 PL Other -Commerical & Services Money -6638.60
30104 3300 PL Revenue - Transportation -1201.74
40101 3300 PL Cost Of Minibar ( Food ) 48.64
40101 3300 PL Cost Of Minibar ( Beverage ) 147.39
64014 3300 PL Transportation Expense 289.66
64015 3300 PL Service Money for April'16 4425.74
64015 3300 PL Comersial Tax for April'16 2212.87
30101 3400 PL Revenue - Laundry -349.57
40101 3400 PL Cost of Laundry 5.31
50101 3400 PL Salary & Wages ( Ldy ) 266.40
50102 3400 PL Staff Related Expenses ( Ldy ) 72.02
69999 3400 PL Miscellaneous ( Ldy ) 14.40
40101 3600 PL Cost of Other Expense 640.20
50101 4000 PL Salary & Wages ( Admin ) 5056.16
50102 4000 PL Staff Related Exp 583.92 21.12
60201 4000 PL Printing & Stationery 68.44
60202 4000 PL Laundry 4.70
60202 4000 PL Data Processing - Admin 8.00
60204 4000 PL Uniform for A&G Department 23.49
60301 4000 PL Postage,Telephone, e-mail 22.98 7.84
60303 4000 PL Transportation & Labour ( Admin ) 32.00 83.04
60403 4000 PL Audit Fee & Expenses 321.60
60408 4000 PL Bank Services Expenses 15.12
60410 4000 PL Manpower Development ( Admin ) 67.20
60413 4000 PL Exchange A/C 1488.48 459.20
60414 4000 PL Travelling ( Admin ) 98.05
63011 4000 PL Rental -Office 400.00
69999 4000 PL Miscellenous 18.44 2.96
50101 5000 PL Salary & Wages ( S&M ) 440.00
50102 5000 PL Staff Related Exp - S&M 21.12
60107 5000 PL Printing & Stationery - S&M 0.00
60202 5000 PL Data Processing - S&M 8.00
60301 5000 PL Postage,Telephone, e-mail 38.29 7.84
60303 5000 PL Transportation - S&M 13.20
60407 5000 PL Advertistion 70.00 106.00
60414 5000 PL Travelling ( S&M ) 200.73
69999 5000 PL Miscellaneous Exp: S & M 0.56
50101 6000 PL Salary & Wages ( Eng ) 1240.00
50102 6000 PL Staff Related Expenses 192.06
60107 6000 PL PS for Eng 0.37
60108 6000 PL Engineering Supplies 1188.68
60204 6000 PL Uniform for M&E 13.08
60303 6000 PL Transport & Labour ( Eng ) 40.00
60306 6000 PL Maintenance - Office Car 26.80
61011 6000 PL Maintenance Building 5864.99
61018 6000 PL Maintenance Water Supply 525.24
61021 6000 PL Landscaping 1830.63
61023 6000 PL Light & Bulb 49.60
65012 7000 PL Utential Diesel 265.30
65013 7000 PL EPC Bill for April'16 2700.16
70102 8000 PL Lease Rental 400.00
80105 9000 PL Reallocation - SPA 47.23
0.00
Total
204551.04
25224.59
11606.85
0.00
329.16 37160.60
52534.10
-904.50
-977.36
21727.27

662.73
73042.24
-218.09
-1397.64 -1615.73
3630.87
18244.84
1376.51
460.52
1336.36
86.78
95.00
4385.63
252.31
83.99
61.45
680.61
2237.74
192.90
28.88
0.00
4982.02
2099.16 40235.59
54282.22
-2916.96
2477.51
6044.00
-67600.66
0.00
12754.73
7401.00
17454.54
1682.72
19049.80
21666.67
1082.40
8800.00
185.60
 -8400.00
-6625.89
-58745.44
915341.54
-26007.60
-7233.85
-5206.38
-37.25
-1234350.44
4471.98

-24626.99
2661.86
672.20
259.79
447.05
55.87
434.40
73.53
49.27
69.20
84.40
884.66
188.29
398.25
63.75
133.77
-11703.37
-3585.79
3115.44
879.21
2478.03
552.16
34.16
40.65
16.31
28.70
31.50
23.04
37.52
245.76
125.60
225.68
-2700.00
673.60
144.04
1.62
-990.45
-6638.60
-1201.74
 48.64
147.39
289.66
4425.74
2212.87
-349.57
5.31
266.40
72.02
14.40
640.20
5056.16
605.04
68.44
4.70
8.00
23.49
30.82
115.04
321.60
15.12
67.20
1947.68
98.05
400.00
21.40
440.00
21.12
0.00
8.00
46.13
13.20
176.00
200.73
0.56
1240.00
192.06
0.37
1188.68
13.08
40.00
26.80
5864.99
525.24
1830.63
49.60
265.30
2700.16
400.00
47.23
0.00 -4471.98
0.00
 Villa Inle Resort & Spa
Balance Sheet as at April 30 , 2016

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 1,683
F Asset ( HK ) 19,050
F Asset ( F&B ) 12,755
Fix Asset ( Vehical ) 21,667
Fix Asset ( Other ) 10,068
F Asset Land & Building 17,455
Construction in Progress 73,042

FIXED ASSETS AND INTANGIBLES 163,120

2.0 CURRENT ASSETS

2.1 Accounts Receivable 37,161
2.2 Prepayments 54,282
2.3 Advances (Staff) 2,478
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 40,236
2.7 Cash in Hand 204,551
2.8 Cash at Bank

TOTAL CURRENT ASSETS 338,707

TOTAL ASSETS 501,826.65
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (26,008)
Accounts Payable - Construction
Accounts Payable - Trade columbus 915,342
Accounts Payable - Current Ho (1,616)
Accounts Payable - Services Money (6,626)
Accounts Payable - Commerical Tax (58,745)
Accounts Payable - Land Lease (8,400)
Accounts Payable -HO (Office) (5,206)
4.3 Accrued Expenses (7,234)
4.4 Provisions
4.5 Deposit Received (2916.96)
4.6 Other Payable 6,007

TOTAL CURRENT LIABILITIES 736,996

NET ASSETS 1,238,822
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 1,234,350
Retained Earnings /(Loss) 4,472

SHAREHOLDERS' INTEREST 1,238,822

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 April 2016

Revenue
Room Revenue
Mini Bar Revenue
Food & Beverage
Other Operation Department
Phone
SPA
Other
Transportation
Laundry
Other -Commerical & Services Money

Total Revenue

Cost of Sale
Room Expenses
Salary & Wages ( HK ) 2661.86
Staff Related Expenses 672.20
Cleaning Supplies ( HK ) 259.79
Guest Supply 447.05
PS for HK 55.87
Laundry 434.40
Uniform for Room Dept 73.53
Postage,Telephone,e-mail ( HK ) 49.27
Transportation & Labour ( HK ) 69.20
Flowers & Decoration ( HK ) 84.40
Complimentory Food & Beverage 884.66
Landscaping 188.29
Room Commission Fee 398.25
Room Commission Fee 63.75
Miscelleneous 133.77

Mini Bar Expenses

Mini Bar Cost 196.03

Food & Beverage Expenses

Food Cost 3,115.44
Beverage Cost 879.21
Salary & Wages ( F&B ) 2,478.03
Staff Related Expenses 552.16
Cleaning Supply 34.16
Guest Supply 40.65
PS for F&B 16.31
 Laundry 28.70
Uniform for F&B Department 31.50
Postage,Telephone, e-mail 23.04
Transportation & Labour ( F&B ) 37.52
Utential GAS Cost 245.76
Utensal 125.60
Miscellaneous 225.68

Other Operation Department

Salary & Wages ( Spa ) 673.60
Staff Related Expenses 144.04
Reallocation - SPA 47.23
Uniform for Spa 1.62
Transportation Expense 289.66
Cost of Laundry 5.31
Salary & Wages ( Ldy ) 266.40
Staff Related Expenses ( Ldy ) 72.02
Miscellaneous ( Ldy ) 14.40
Cost of Other Expense 640.20

Tax & Services Money

Other -Commerical Tax 2,212.87
Other -Services Money 4,425.74

Total Cost of Sale

Gross Operating Profit

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing
Salary & Wages ( S&M ) 440.00
Staff Related Exp - S&M 21.12
Printing & Stationery - S&M 0.00
Data Processing - S&M 8.00
Postage,Telephone, e-mail 46.13
Transportation - S&M 13.20
Advertistion 176.00
Travelling ( S&M ) 200.73
Miscellaneous Exp: S & M 0.56

Maintance Expenses
Salary & Wages ( Eng ) 1240.00
Staff Related Expenses 192.06
PS for Eng 0.37
Engineering Supplies 1188.68
Uniform for M&E 13.08
Transport & Labour ( Eng ) 40.00
Maintenance - Office Car 26.80
 Maintenance Building 5864.99
Maintenance Water Supply 525.24
Landscaping 1830.63
Light & Bulb 49.60

Admin & General Expenses

Salary & Wages ( Admin ) 5,056.16
Staff Related Exp 605.04
Printing & Stationery 68.44
Laundry 4.70
Data Processing - Admin 8.00
Uniform for A&G Department 23.49
Postage,Telephone, e-mail 30.82
Transportation & Labour ( Admin ) 115.04
Audit Fee & Expenses 321.60
Bank Services Expenses 15.12
Manpower Development ( Admin ) 67.20
Exchange A/C 1,947.68
Travelling ( Admin ) 98.05
Rental -Office 400.00
Miscellenous 21.40
Utential Diesel 265.30
EPC Bill for April'16 2,700.16
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses

Net Operating Profit

Amount (USD)
-
24,627

15,289

2,700
990 3279.65
1,202 1642.61
350
6,639 19208.18

51,797 51,897

6,476

196

7,834
 2,154

6,639

23,299

28,497

906

10,971
12,148

24,025

4,472

(4,472)
0
 10
15
13
6
780 44
275.565
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 May'16
Opening YGN YGN (Kyat)
50101 4000 PL Salary & Wages - Admin 4,100,000.00
50102 4000 PL Staff Related Exp - Admin 115,200.00
50101 5000 PL Salary & Wages - S & M 200,000.00
50102 5000 PL Staff Related Exp - S&M 39,600.00

### 1,880,873.69 7,820,585.00

YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
3,416.67 -
96.00 -
166.67 -
33.00 -

7,820,585.00 6,517.15 6,517.15 89,863.00 89,863.00 10,502.82 10,502.82

- - - -
 Coso Trail
3,416.67 - 3,416.67
96.00 - 96.00
166.67 - 166.67
33.00 - 33.00

### 1,987,756.66 0.00

0.00
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 May'16

Opening
14122 100 BS Operating-Staff Canteen 0.0043076923077
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 6000 PL Salary & Wages ( Eng )

2,305,478.55 2,305,478.55
0.00
 USD JV Coso
1273.33 268.03 1,541.33 1,541.37 1,541.33
2702.50 0.00 2,702.50 -
2575.83 0.00 2,575.83 -
701.67 0.00 701.67 -
277.50 0.00 277.50 -
1871.67 0.00 1,871.67 -
1291.67 0.00 1,291.67 -

207,847.36 207,847.36 64,671.56 64,671.56 2,577,997.47 2,577,997.47

0.00 - 0.00
 0.04
2,702.50
2,575.83
701.67
277.50
1,871.67
1,291.67

0.00
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31st May'16

Inle YGN
11012 100 BS Cash in Hand 125,143.76 51905.73
13023 100 BS A/R Guest Ledger -Inle (108.18) 7222.40
13024 100 BS City Ledger ( Agoda ) 4,314.71
13024 100 BS City Ledger ( HO ) 1,833,017.37 -1833017.37
13024 100 BS City Ledger ( Tauck ) 329.16
13027 100 BS Construction- pool 49658.5972727
13027 100 BS Construction ( Laundry ) (1,507.50)
13027 100 BS Construction- New Bar (1,628.94)
13027 100 BS Construction: Second Phase 21727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73

asset )
13032 100 BS Current HO Purchasing -264191.96 263973.87
13032 100 BS Current HO Payable - Outstanding -2131.03
14011 100 BS Inventory-Food(Store) 3,483.49
14012 100 BS Inventory-Beverage(Store) 17886.85
14013 100 BS Inventory Cleaning Supply Store 1213.41226625
14013 100 BS Inventory - Cleaning Supplies 289.91
14014 100 BS Inventory-Guest Supplies ( Store ) 1343.60
14015 100 BS Inventory - Massage Oil 61.37
14016 100 BS Inventory - Souvier 95.00
14017 100 BS Inventory - Printing Supplies ( Store ) 4350.48
14019 100 BS Inventory-Diesel & Petrol ( Store ) 153.25
14019 100 BS Inventory Diesel,Petrol ( Generator ) 83.99
14020 100 BS Inventory-Gas 181.68
14021 100 BS Inventory - H.K'Guest Supplies 379.30
14023 100 BS Inventory Other Supply Store 2167.17
14024 100 BS Inventory - Mini Bar ( Beverage ) 126.22
14024 100 BS Inventory - Mini Bar ( Food ) 22.04
14122 100 BS Operating-Staff Canteen 0.04
14125 100 BS Operation - Food 4702.65
14126 100 BS Operation - Beverage ( Bar ) 2016.86
15012 100 BS Prepaid 44390.08 11402.36
15115 100 BS AR Collection - Deposit -5476.96
16014 100 BS Staff Advance 1060.39 17361.60
16015 100 BS Refund 6144.00
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -459094.84 459094.84
16303 100 BS Current A/C - Inlay
17098 100 BS F Asset F&B 11391.09 1363.64
17101 100 BS F Asset ( Brick Fance ) 7401.00
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 1300.03 382.69
17102 100 BS FA - Office Equipment - Admin
17104 100 BS Fix Asset ( HK ) 19049.80
17105 100 BS Fixed Asset ( Venical ) 21666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 270.60
18011 200 BS Account Payable - Lease Rental -8800.00
18011 200 BS Account Payable -Services Money -4337.53
18011 200 BS Account Payable -Commerical Tax -58799.22
18011 200 BS Account Payable - Columbus 83461.54 849851.00
18011 200 BS Accrued Payable Hotel (Trade ) -24180.45
19014 200 BS Accrued Electricity -6418.02
19014 200 BS Account Payable - Office Rental (HO) -5623.05
21102 200 BS Tip for Staff -37.25
29999 200 BS Retain Earning -1458732.37 219909.94

30101 1000 PL Room Revenue -11109.13

50101 1000 PL Salary & Wages ( HK ) 2702.50
50102 1000 PL Staff Related Expenses 535.18
60102 1000 PL Cleaning Supplies 111.18
60103 1000 PL Guest Supply 389.33
60107 1000 PL PS for HK 19.09
60202 1000 PL Laundry 194.25
60204 1000 PL Uniform for Room Dept 76.59
60301 1000 PL Postage,Telephone, e-mail 43.36
60303 1000 PL Transportation & Labour ( HK ) 1.25
60410 1000 PL Complimentory Food & Beverage 533.17
60415 1000 PL Pest Control 9.12
61021 1000 PL Landscaping 1193.39 358.33
62011 1000 PL Room Commission Fee 63.75
69999 1000 PL Miscelleneous 46.87
31011 2000 PL Food Revenue -4764.04
32011 2000 PL Beverage Revenue -1784.38
41011 2000 PL Food Cost 1635.78
42011 2000 PL Beverage Cost 512.43
50101 2000 PL Salary & Wages ( F&B ) 2575.83
50102 2000 PL Staff Related Expenses 342.52
60102 2000 PL Cleaning Supply 7.68
60103 2000 PL Guest Supply 16.41
60107 2000 PL PS for F&B 23.54
60202 2000 PL Laundry 13.69
60204 2000 PL Uniform for F&B Department 32.81
60301 2000 PL Postage,Telephone, e-mail 15.36
60303 2000 PL Transportation & Labour ( F&B ) 55.83
60415 2000 PL Utential GAS Cost 135.77
62013 2000 PL Utensal 130.83
69999 2000 PL Miscelleneous 16.74
30101 3200 PL Revenue - SPA -1917.39
50101 3200 PL Salary & Wages ( Spa ) 701.67
50102 3200 PL Staff Related Expenses 128.44
64015 3200 PL Other Expense ( MOD ) 796.71
69999 3200 PL Uniform for Spa 1.56
30102 3300 PL Revenue - Others -851.30
30102 3300 PL Other -Commerical & Services Money -3204.97
30104 3300 PL Revenue - Transportation -1527.18
40101 3300 PL Cost Of Minibar ( Food ) 25.08
40101 3300 PL Cost Of Minibar ( Beverage ) 66.68
64014 3300 PL Transportation Expense 498.54
64015 3300 PL Service Money for May'16 2136.64
64015 3300 PL Comersial Tax for May'16 1068.33
30101 3400 PL Revenue - Laundry -206.52
40101 3400 PL Cost of Laundry 3.03
50101 3400 PL Salary & Wages ( Ldy ) 277.50
50102 3400 PL Staff Related Expenses 64.22
40101 3600 PL Cost of Sale - Souvenir 42.00
50101 4000 PL Salary & Wages ( Admin ) 1871.67 3416.67
50102 4000 PL Staff Related Exp 507.38 96.00
60201 4000 PL Printing & Stationery ( Admin ) 47.35 15.50
60202 4000 PL Laundry 3.88
60202 4000 PL Data Processing - Admin 8.33
60204 4000 PL Uniform for A&G Department 24.47
60301 4000 PL Postage,Telephone, e-mail 7.68 16.33
60303 4000 PL Transportation & Labour ( Admin ) 55.83 89.17
60408 4000 PL Bank Charges ( Admin ) 3.47 20.00
60413 4000 PL Exchange A/C 921.98 -167.89
60414 4000 PL Travelling ( Admin ) 167.01
60416 4000 PL Licence & Tax 1729.17
63011 4000 PL Rental -Office 416.67
69999 4000 PL Miscellenous 5.41 1.54
50101 5000 PL Salary & Wages - S & M 166.67
50102 5000 PL Staff Related Exp - S&M 33.00
60202 5000 PL Data Processing - S&M 8.33
60301 5000 PL Postage,Telephone, e-mail 15.36
60303 5000 PL Transportation & Labour: S & M 18.75
60414 5000 PL Travelling ( S&M ) 99.61
69999 5000 PL Miscellaneous Exp: S & M 1.54
50101 6000 PL Salary & Wages ( Eng ) 1291.67
50102 6000 PL Staff Related Expenses 171.27
60107 6000 PL PS for Eng 6.33
60108 6000 PL Engineering Supplies 816.98
60109 6000 PL Hand Tools ( Eng ) 1.50
60204 6000 PL Uniform for M&E 13.62
60301 6000 PL Phone & e-mail ( Eng ) 132.92
61011 6000 PL Maintenance Building 7076.67
61017 6000 PL Maintenance Equipment 203.00
61018 6000 PL Maintenance Water Supply 781.25
61019 6000 PL Painting & Renovation 256.42
61021 6000 PL Landscaping 7045.66
61022 6000 PL Swimming Pool ( Eng ) 25.00
61023 6000 PL Light & Bulb 241.67
69999 6000 PL Miscelleneous 0.20
65012 7000 PL Utential Diesel 168.00
65013 7000 PL EPC Bill for May'16 1830.92
70102 8000 PL Lease Rental 400.00
80105 9000 PL Reallocation - SPA 32.18

0.00 0.00
Total
177049.50
7114.22
4314.71
0.00
329.16 11758.09
49658.60
-1507.50
-1628.94
21727.27

662.73
68912.16
-218.09
-2131.03 -2349.12
3483.49
17886.85
1213.41
289.91
1343.60
61.37
95.00
4350.48
153.25
83.99
181.68
379.30
2167.17
126.22
22.04
0.04
4702.65
2016.86 38557.32
55792.44
-5476.96
18421.99
6144.00
-67600.66
0.00
0.00
12754.73
7401.00
17454.54
1682.72
0.00
19049.80
21666.67
1082.40
 8800.00
270.60
-8800.00
-4337.53
-58799.22
933312.54
-24180.45
-6418.02
-5623.05
-37.25
-1238822.42
-22334.20

-11109.13
2702.50
535.18
111.18
389.33
19.09
194.25
76.59
43.36
1.25
533.17
9.12
1551.72
63.75
46.87
-4764.04
-1784.38
1635.78
512.43
2575.83
342.52
7.68
16.41
23.54
13.69
32.81
15.36
55.83
135.77
130.83
16.74
-1917.39
701.67
128.44
796.71
1.56
 -851.30
-3204.97
-1527.18
25.08
66.68
498.54
2136.64
1068.33
-206.52
3.03
277.50
64.22
42.00
5288.33
603.38
62.85
3.88
8.33
24.47
24.01
145.00
23.47
754.09
167.01
1729.17
416.67
6.95
166.67
33.00
8.33
15.36
18.75
99.61
1.54
1291.67
171.27
6.33
816.98
1.50
13.62
132.92
7076.67
203.00
781.25
256.42
7045.66
25.00
241.67
0.20
 168.00
1830.92
400.00
32.18
0.00 22334.20
0.00 0.00
 Villa Inle Resort & Spa
Balance Sheet as at MAY 31 , 2016

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 1,683
F Asset ( HK ) 19,050
F Asset ( F&B ) 12,755
Fix Asset ( Vehical ) 21,667
Fix Asset ( Other ) 10,153
F Asset Land & Building 17,455
Construction in Progress 68,912

FIXED ASSETS AND INTANGIBLES 159,075

2.0 CURRENT ASSETS

2.1 Accounts Receivable 11,758
2.2 Prepayments 55,792
2.3 Advances (Staff) 18,422
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 38,557
2.7 Cash in Hand 177,049
2.8 Cash at Bank

TOTAL CURRENT ASSETS 301,579

TOTAL ASSETS 460,653.95
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (24,180)
Accounts Payable - Construction
Accounts Payable - Trade columbus 933,313
Accounts Payable - Current Ho (2,349)
Accounts Payable - Services Money (4,338)
Accounts Payable - Commerical Tax (58,799)
Accounts Payable - Land Lease (8,800)
Accounts Payable -HO (Office) (5,623)
4.3 Accrued Expenses (6,418)
4.4 Provisions
4.5 Deposit Received (5476.96)
4.6 Other Payable 6,107

TOTAL CURRENT LIABILITIES 755,834

NET ASSETS 1,216,488
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 1,238,822
Retained Earnings /(Loss) (22,334)

SHAREHOLDERS' INTEREST 1,216,488

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 May 2016
Amount (USD)
Revenue -
Room Revenue 11,109
Mini Bar Revenue
Food & Beverage 6,548
Other Operation Department
Phone
SPA 1,917
Other 851
Transportation 1,527
Laundry 207
Other -Commerical & Services Money 3,205

Total Revenue 25,365

Cost of Sale
Room Expenses 6,277
Salary & Wages ( HK ) 2702.50
Staff Related Expenses 535.18
Cleaning Supplies 111.18
Guest Supply 389.33
PS for HK 19.09
Laundry 194.25
Uniform for Room Dept 76.59
Postage,Telephone, e-mail 43.36
Transportation & Labour ( HK ) 1.25
Complimentory Food & Beverage 533.17
Pest Control 9.12
Landscaping 1551.72
Room Commission Fee 63.75
Miscelleneous 46.87

Mini Bar Expenses 92

Mini Bar Cost 91.76

Food & Beverage Expenses 5,515

Food Cost 1,635.78
Beverage Cost 512.43
Salary & Wages ( F&B ) 2,575.83
Staff Related Expenses 342.52
 Cleaning Supply 7.68
Guest Supply 16.41
PS for F&B 23.54
Laundry 13.69
Uniform for F&B Department 32.81
Postage,Telephone, e-mail 15.36
Transportation & Labour ( F&B ) 55.83
Utential GAS Cost 135.77
Utensal 130.83
Miscelleneous 16.74

Other Operation Department 2,546

Salary & Wages ( Spa ) 701.67
Reallocation - SPA 32.18
Staff Related Expenses 128.44
Other Expense ( MOD ) 796.71
Uniform for Spa 1.56
Transportation Expense 498.54
Cost of Laundry 3.03
Salary & Wages ( Ldy ) 277.50
Staff Related Expenses 64.22
Cost of Sale - Souvenir 42.00

Tax & Services Money 3,205

Other -Commerical Tax 1,068.33
Other -Services Money 2,136.64

Total Cost of Sale 17,635

Gross Operating Profit 7,730

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 343
Salary & Wages - S & M 166.67
Staff Related Exp - S&M 33.00
Data Processing - S&M 8.33
Postage,Telephone, e-mail 15.36
Transportation & Labour: S & M 18.75
Travelling ( S&M ) 99.61
Miscellaneous Exp: S & M 1.54

Maintance Expenses 18,064

Salary & Wages ( Eng ) 1291.67
Staff Related Expenses 171.27
 PS for Eng 6.33
Engineering Supplies 816.98
Hand Tools ( Eng ) 1.50
Uniform for M&E 13.62
Phone & e-mail ( Eng ) 132.92
Maintenance Building 7076.67
Maintenance Equipment 203.00
Maintenance Water Supply 781.25
Painting & Renovation 256.42
Landscaping 7045.66
Swimming Pool ( Eng ) 25.00
Light & Bulb 241.67
Miscelleneous 0.20

Admin & General Expenses 11,657

Salary & Wages ( Admin ) 5,288.33
Staff Related Exp 603.38
Printing & Stationery ( Admin ) 62.85
Laundry 3.88
Data Processing - Admin 8.33
Uniform for A&G Department 24.47
Postage,Telephone, e-mail 24.01
Transportation & Labour ( Admin ) 145.00
Bank Charges ( Admin ) 23.47
Exchange A/C 754.09
Travelling ( Admin ) 167.01
Licence & Tax 1,729.17
Rental -Office 416.67
Miscellenous 6.95
Utential Diesel 168.00
EPC Bill for May'16 1,830.92
Lease Rental 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 30,064

Net Operating Profit (22,334)

 780
275.565

3279.65
1642.61

19208.18

25,465
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 30 June'16
Opening YGN
50101 4000 PL Salary & Wages - Admin
50102 4000 PL Staff Related Exp - Admin
50101 5000 PL Salary & Wages - S & M
50102 5000 PL Staff Related Exp - S&M

### 1,893,357.08
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
3,950,000.00 3,291.67 -
46,700.00 38.92 -
200,000.00 166.67 -
41,800.00 34.83 -

22,307,885.00 22,307,885.00 18,589.90 18,589.90 74,614.00 74,614.00 10,525.60

- - -
JV -Current (USD) Coso Trail
3,291.67 - 3,291.67
38.92 - 38.92
166.67 - 166.67
34.83 - 34.83

10,525.60 ### 1,997,086.59 0.00

- 0.00
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 June'16

Opening
14122 100 BS Operating-Staff Canteen 0.0409743589744
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 6000 PL Salary & Wages ( Eng )

2,290,076.33 2,290,076.33
(0.00)
 USD JV Coso
1277.3666667 261.14 1,538.51 1,538.55 1,538.51
2537.2308333 0 2,537.23 -
2384.0866667 0 2,384.09 -
568.12 0.00 568.12 -
166.69333333 0 166.69 -
1789.2741667 0 1,789.27 -
1164.6508333 0 1,164.65 -

179,135.96 179,135.96 51,074.93 51,074.94 2,520,287.22 2,520,287.23

0.00 (0.00) (0.00)
 0.04 0.04
2,537.23
2,384.09
568.12
166.69
1,789.27
1,164.65

(0.00)
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 30th June'16

Inle YGN
11012 100 BS Cash in Hand 130,368.18 34014.93
13023 100 BS A/R Guest Ledger -Inle (617.45) 6874.40
13024 100 BS City Ledger ( Agoda ) 5,344.33
13024 100 BS City Ledger ( HO ) 1,840,421.37 -1840421.37
13024 100 BS City Ledger ( Tauck ) 329.16
13027 100 BS Construction- pool 46783.0972727
13027 100 BS Construction ( Laundry ) (2,110.50)
13027 100 BS Construction- New Bar (2,280.52)
13027 100 BS Construction: Second Phase 21727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73

asset )
13032 100 BS Current HO Purchasing -268144.44 267926.35
13032 100 BS Current HO Payable - Outstanding -1561.03
14011 100 BS Inventory-Food(Store) 3350.10
14012 100 BS Inventory-Beverage(Store) 17,875.19
14013 100 BS Inventory Cleaning Supply Store 1170.75
14013 100 BS Inventory - Cleaning Supplies 189.21
14014 100 BS Inventory-Guest Supplies ( Store ) 1458.43
14015 100 BS Inventory - Massage Oil 114.66
14016 100 BS Inventory - Souvier 95.00
14017 100 BS Inventory - Printing Supplies ( Store ) 4504.44
14019 100 BS Inventory-Diesel & Petrol ( Store ) 130.11
14019 100 BS Inventory Diesel,Petrol ( Generator ) 179.75
14020 100 BS Inventory-Gas 256.01
14021 100 BS Inventory - H.K'Guest Supplies 381.06
14023 100 BS Inventory Other Supply Store 2215.26
14024 100 BS Inventory - Mini Bar ( Beverage ) 86.36
14024 100 BS Inventory - Mini Bar ( Food ) 12.63
14122 100 BS Operating-Staff Canteen 0.04
14125 100 BS Operation - Food 3830.24
14126 100 BS Operation - Beverage ( Bar ) 1824.00
15012 100 BS Prepaid 42338.60 11402.36
15115 100 BS AR Collection - Deposit -21268.96
16014 100 BS Staff Advance 1060.39 17361.60
16015 100 BS Refund 6144.00
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -480774.84 480774.84
17098 100 BS F Asset F&B 11391.09 1363.64
17101 100 BS F Asset ( Brick Fance ) 7401.00
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 1300.03 382.69
17104 100 BS Fix Asset ( HK ) 19049.80
17105 100 BS Fixed Asset ( Venical ) 21666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 270.60
17105 100 BS Fix Asset - Building 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
18011 200 BS Account Payable - Lease Rental -9200.00
18011 200 BS Account Payable -Services Money -3733.18
18011 200 BS Account Payable -Commerical Tax -59565.05
18011 200 BS Account Payable - Columbus 83461.54 849851.00
18011 200 BS Accrued Payable Hotel (Trade ) -23469.15
19012 200 BS Accrued Service Money
19014 200 BS Accrued Electricity -6042.18
19014 200 BS Account Payable - Office Rental (HO) -6039.72
21102 200 BS Tip for Staff -90.25
29999 200 BS Retain Earning -1440480.45 223992.22

30101 1000 PL Room Revenue -8449.00

50101 1000 PL Salary & Wages ( HK ) 2537.23
50102 1000 PL Staff Related Expenses 534.20
60102 1000 PL Cleaning Supplies 89.12
60103 1000 PL Guest Supply 155.76
60107 1000 PL PS for HK 23.80
60202 1000 PL Laundry 97.56
60204 1000 PL Uniform for Room Dept 76.59
60301 1000 PL Postage,Telephone, e-mail 35.07
60303 1000 PL Transportation & Labour ( HK ) 51.25
60410 1000 PL Complimentory Food & Beverage 146.98
61021 1000 PL Landscaping 316.66
62011 1000 PL Room Commission Fee 325.12
62011 1000 PL Room Commission Fee 63.75
69999 1000 PL Miscelleneous 18.14
31011 2000 PL Food Revenue -3629.83
32011 2000 PL Beverage Revenue -1140.75
41011 2000 PL Food Cost 1679.92
42011 2000 PL Beverage Cost 276.41
50101 2000 PL Salary & Wages ( F&B ) 2384.09
50102 2000 PL Staff Related Expenses 363.26
60102 2000 PL Cleaning Supply 8.16
60103 2000 PL Guest Supply 21.91
60107 2000 PL PS for F&B 8.37
60202 2000 PL Laundry 10.87
60204 2000 PL Uniform for F&B Department 32.81
60301 2000 PL Postage,Telephone, e-mail 7.96
60415 2000 PL Utential GAS Cost 117.67
62013 2000 PL Utensal 130.83
69999 2000 PL Miscelleneous 60.34
30101 3100 PL Revenue - Phone 0.00
30101 3200 PL Revenue - SPA -1321.74
50101 3200 PL Salary & Wages ( Spa ) 568.12
50102 3200 PL Staff Related Expenses 106.84
64015 3200 PL Other Expense ( MOD ) 264.60
69999 3200 PL Miscellaneous ( Spa ) 7.48
30102 3300 PL Revenue - Others -265.13
30102 3300 PL Other -Commerical & Services Money -2297.48
30104 3300 PL Revenue - Transportation -607.82
40101 3300 PL Cost Of Minibar ( Food ) 21.28
40101 3300 PL Cost Of Minibar ( Beverage ) 58.38
64012 3300 PL Transport Expenses ( MOD ) 167.30
64015 3300 PL Service Money for June'16 1531.65
64015 3300 PL Comersial Tax for June'16 765.83
69999 3300 PL Miscellaneous ( Ldy ) 1.67
30101 3400 PL Revenue - Laundry -156.96
40101 3400 PL Cost of Laundry 2.32
50101 3400 PL Salary & Wages ( Ldy ) 166.69
50102 3400 PL Staff Related Expenses 64.10
40101 3600 PL Cost of Sale - Souvenir 19.00
50101 4000 PL Salary & Wages ( Admin ) 1789.27 3291.67
50102 4000 PL Staff Related Exp 483.57 38.92
60107 4000 PL PS for Finance 116.30 17.50
60202 4000 PL Laundry 3.46
60202 4000 PL Data Processing - Admin 8.33
60204 4000 PL Uniform for A&G Department 24.47
60301 4000 PL Postage,Telephone, e-mail 15.88 37.50
60303 4000 PL Transportation & Labour ( Admin ) 183.33 195.92
60412 4000 PL Entertainment ( Admin ) 25.00
60413 4000 PL Exchange A/C 325.00 245.83
60414 4000 PL Travelling ( Admin ) 303.63
60416 4000 PL Licenses & Tax ( Admin ) 54.17
63011 4000 PL Rental -Office 416.67
63013 4000 PL Medical Expenses ( Admin ) 9.46
64022 4000 PL Present & Donation ( Admin ) 1076.67
69999 4000 PL Miscellenous 16.46 0.96
50101 5000 PL Salary & Wages - S & M 166.67
50102 5000 PL Staff Related Exp - S&M 34.83
60107 5000 PL Printing & Stationery - S&M 7.50
60202 5000 PL Data Processing - S&M 8.33
60301 5000 PL Postage,Telephone, e-mail 23.88 12.50
60303 5000 PL Transportation - S&M 0.00
69999 5000 PL Miscellaneous Exp: S & M 0.96
50101 6000 PL Salary & Wages ( Eng ) 1164.65
50102 6000 PL Staff Related Expenses 170.95
60107 6000 PL PS for Eng 1.32
60108 6000 PL Engineering Supplies 455.13
60204 6000 PL Uniform for M&E 13.62
60306 6000 PL Motor Vehicle Expenses 51.67
61011 6000 PL Maintenance Building 7699.44
61017 6000 PL Maintenance Equipment 68.71
61018 6000 PL Maintenance Water Supply 4703.24
61019 6000 PL Painting & Renovation 75.33
61021 6000 PL Landscaping 2757.74
61022 6000 PL Pool 100.00
69999 6000 PL Miscellaneous ( Eng ) 2.10
65012 7000 PL Utential Diesel 104.16
65013 7000 PL EPC Bill for June'16 1455.08
70102 8000 PL Lease Rental 400.00
80105 9000 PL Reallocation - SPA 21.32
3200 69999 PL Miscellenous

(0.00) 0.00
Total
164383.12
6256.95
5344.33
0.00
329.16 11930.44
46783.10
-2110.50
-2280.52
21727.27

662.73
64782.08
-218.09
-1561.03 -1779.12
3350.10
17875.19
1170.75
189.21
1458.43
114.66
95.00
4504.44
130.11
179.75
256.01
381.06
2215.26
86.36
12.63
0.04
3830.24
1824.00 37673.24
53740.95
-21268.96
18421.99
6144.00
-67600.66
0.00
12754.73
7401.00
17454.54
1682.72
19049.80
21666.67
1082.40
8800.00
270.60
 3411.20
7685.00
-9200.00
-3733.18
-59565.05
933312.54
-23469.15
0.00
-6042.18
-6039.72
-90.25
-1216488.22 -23629.48

-8449.00
2537.23
534.20
89.12
155.76
23.80
97.56
76.59
35.07
51.25
146.98
316.66
325.12
63.75
18.14
-3629.83
-1140.75
1679.92
276.41
2384.09
363.26
8.16
21.91
8.37
10.87
32.81
7.96
117.67
130.83
60.34
0.00
-1321.74
568.12
106.84
264.60
7.48
 -265.13
-2297.48
-607.82
21.28
58.38
167.30
1531.65
765.83
1.67
-156.96
2.32
166.69
64.10
19.00
5080.94
522.49
133.80
3.46
8.33
24.47
53.38
379.25
25.00
570.83
303.63
54.17
416.67
9.46
1076.67
17.42
166.67
34.83
7.50
8.33
36.38
0.00
0.96
1164.65
170.95
1.32
455.13
13.62
51.67
7699.44
68.71
4703.24
75.33
2757.74
100.00
2.10
 104.16
1455.08
400.00
21.32
0.00 23629.48
0.00 0.00
(0.00)
 Villa Inle Resort & Spa
Balance Sheet as at JUNE 30 , 2016

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 1,683
F Asset ( HK ) 19,050
F Asset ( F&B ) 12,755
Fix Asset ( Vehical ) 21,667
Fix Asset ( Other ) 10,153
Fix Asset ( Building ) 3,411
Fix Asset ( Data Processing ) 7,685
F Asset Land & Building 17,455
Construction in Progress 64,782

FIXED ASSETS AND INTANGIBLES 166,041

2.0 CURRENT ASSETS

2.1 Accounts Receivable 11,930
2.2 Prepayments 53,741
2.3 Advances (Staff) 18,422
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 37,673
2.7 Cash in Hand 164,383
2.8 Cash at Bank

TOTAL CURRENT ASSETS 286,150

TOTAL ASSETS 452,190.47
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (23,469)
Accounts Payable - Construction
Accounts Payable - Trade columbus 933,313
Accounts Payable - Current Ho (1,779)
Accounts Payable - Services Money (3,733)
Accounts Payable - Commerical Tax (59,565)
Accounts Payable - Land Lease (9,200)
Accounts Payable -HO (Office) (6,040)
4.3 Accrued Expenses (6,042)
4.4 Provisions
4.5 Deposit Received (21268.96)
4.6 Other Payable 6,054

TOTAL CURRENT LIABILITIES 740,668

NET ASSETS 1,192,859
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 1,216,488
Retained Earnings /(Loss) (23,629)
SHAREHOLDERS' INTEREST 1,192,859

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 June 2016
Amount (USD)
Revenue -
Room Revenue 8,449
Mini Bar Revenue
Food & Beverage 4,771
Other Operation Department
Phone
SPA 1,322
Other 265
Transportation 608
Laundry 157
Other -Commerical & Services Money 2,297

Total Revenue 17,869

Cost of Sale
Room Expenses 4,471
Salary & Wages ( HK ) 2537.23
Staff Related Expenses 534.20
Cleaning Supplies 89.12
Guest Supply 155.76
PS for HK 23.80
Laundry 97.56
Uniform for Room Dept 76.59
Postage,Telephone, e-mail 35.07
Transportation & Labour ( HK ) 51.25
Complimentory Food & Beverage 146.98
Landscaping 316.66
Room Commission Fee 325.12
Room Commission Fee 63.75
Miscelleneous 18.14

Mini Bar Expenses 80

Mini Bar Cost 79.66

Food & Beverage Expenses 5,103

Food Cost 1,679.92
Beverage Cost 276.41
Salary & Wages ( F&B ) 2,384.09
Staff Related Expenses 363.26
 Cleaning Supply 8.16
Guest Supply 21.91
PS for F&B 8.37
Laundry 10.87
Uniform for F&B Department 32.81
Postage,Telephone, e-mail 7.96
Utential GAS Cost 117.67
Utensal 130.83
Miscelleneous 60.34

Other Operation Department 1,389

Salary & Wages ( Spa ) 568.12
Staff Related Expenses 106.84
Reallocation - SPA 21.32
Other Expense ( MOD ) 264.60
Miscellaneous ( Spa ) 7.48
Transport Expenses ( MOD ) 167.30
Miscellaneous ( Ldy ) 1.67
Cost of Laundry 2.32
Salary & Wages ( Ldy ) 166.69
Staff Related Expenses 64.10
Cost of Sale - Souvenir 19.00

Tax & Services Money 2,297

Other -Commerical Tax 765.83
Other -Services Money 1,531.65

Total Cost of Sale 13,340

Gross Operating Profit 4,528

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 255
Salary & Wages - S & M 166.67
Staff Related Exp - S&M 34.83
Printing & Stationery - S&M 7.50
Data Processing - S&M 8.33
Postage,Telephone, e-mail 36.38
 Transportation - S&M 0.00
Miscellaneous Exp: S & M 0.96

Maintance Expenses 17,264

Salary & Wages ( Eng ) 1164.65
Staff Related Expenses 170.95
PS for Eng 1.32
Engineering Supplies 455.13
Uniform for M&E 13.62
Motor Vehicle Expenses 51.67
Maintenance Building 7699.44
Maintenance Equipment 68.71
Maintenance Water Supply 4703.24
Painting & Renovation 75.33
Landscaping 2757.74
Pool 100.00
Miscellaneous ( Eng ) 2.10

Admin & General Expenses 10,639

Salary & Wages ( Admin ) 5,080.94
Staff Related Exp 522.49
PS for Finance 133.80
Laundry 3.46
Data Processing - Admin 8.33
Uniform for A&G Department 24.47
Postage,Telephone, e-mail 53.38
Transportation & Labour ( Admin ) 379.25
Entertainment ( Admin ) 25.00
Exchange A/C 570.83
Travelling ( Admin ) 303.63
Licenses & Tax ( Admin ) 54.17
Rental -Office 416.67
Medical Expenses ( Admin ) 9.46
Present & Donation ( Admin ) 1,076.67
Miscellenous 17.42
Utential Diesel 104.16
EPC Bill for June'16 1,455.08
Lease Rental 400.00
Total -Sale & Marketing , M&E and Admin & General Expenses 28,158

Net Operating Profit (23,629)

23,629
-
 780
275.565

3279.65
1642.61

19208.18

17,969
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 July'16
Opening YGN YGN (Kyat)

50101 4000 PL Salary & Wages - Admin 480,000.00

50102 4000 PL Staff Related Exp - Admin 41,800.00

50101 5000 PL Salary & Wages - S & M 650,667.00

50102 5000 PL Staff Related Exp - S&M 41,800.00

### 1,915,983.08 16,414,125.00

YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
400.00 -

34.83 -

542.22 -

34.83 -

16,414,125.00 13,678.44 13,678.44 46,945.00 46,945.00 38,181.82 38,181.82

 Coso Trail
400.00 - 400.00

34.83 - 34.83

542.22 - 542.22

34.83 - 34.83

### 2,014,788.34 (0.00)

 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 July'16

Opening
14122 100 BS Operating-Staff Canteen 0.04
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 6000 PL Salary & Wages ( Eng )

2,297,923.30 2,297,923.30
0.00
 USD JV Coso
1489.7416667 535.53 2,025.31 2,025.31 2,025.31
2428.3333333 0 2,428.33 -
2277.5 0 2,277.50 -
570.2775 0 570.28 -
91.666666667 0 91.67 -
4811.945 0 4,811.95 -
1104.1666667 0 1,104.17 -

200,572.97 200,572.96 116,781.02 116,781.02 2,615,277.29 2,615,277.29

0.00 (0.00) 0.00

200572.97 118230.82
 (0.00)
2,428.33
2,277.50
570.28
91.67
4,811.95
1,104.17

0.00
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31ST July'16

Inle YGN Total

11012 100 BS Cash in Hand 110,591.50 39493.32 150084.81
13023 100 BS A/R Guest Ledger -Inle 1,844.59 3068.40 4912.99
13024 100 BS City Ledger ( Agoda ) 9,668.30 9668.30
13024 100 BS City Ledger ( HO ) 1,860,863.37 -1860863.37 0.00
13024 100 BS City Ledger ( Tauck ) 329.16 329.16
13027 100 BS Construction- pool 43,907.60 43907.60
13027 100 BS Construction ( Laundry ) (2,713.50) -2713.50
13027 100 BS Construction- New Bar (2,932.10) -2932.10
13027 100 BS Construction: Second Phase 21,727.27 21727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73 662.73

asset )
13032 100 BS Current HO Purchasing (274,371.43) 274153.34 -218.09
13032 100 BS Current HO Payable - Outstanding -3727.25 -3727.25
14011 100 BS Inventory-Food(Store) 3,556.16 3556.16
14012 100 BS Inventory-Beverage(Store) 17,744.65 17744.65
14013 100 BS Inventory Cleaning Supply Store 1,508.34 1508.34
14013 100 BS Inventory - Cleaning Supplies 284.99 284.99
14014 100 BS Inventory-Guest Supplies ( Store ) 1,646.72 1646.72
14015 100 BS Inventory - Massage Oil 96.70 96.70
14016 100 BS Inventory - Souvier 95.00 95.00
14017 100 BS Inventory - Printing Supplies ( Store ) 4,421.61 4421.61
14019 100 BS Inventory-Diesel & Petrol ( Store ) 75.51 75.51
14019 100 BS Inventory Diesel,Petrol ( Generator ) 135.66 135.66
14020 100 BS Inventory-Gas 128.01 128.01
14021 100 BS Inventory - H.K'Guest Supplies 365.34 365.34
14023 100 BS Inventory Other Supply Store 2,316.07 2316.07
14024 100 BS Inventory - Mini Bar ( Food ) 31.67 31.67
14024 100 BS Inventory - Mini Bar ( Bev ) 161.35 161.35
14122 100 BS Operating-Staff Canteen (0.00) 0.00
14125 100 BS Operation - Food 3,144.96 3144.96
14126 100 BS Operation - Beverage ( Bar ) 1,943.21 1943.21
15012 100 BS Prepaid 38,400.44 11402.36 49802.80
15115 100 BS AR Collection - Deposit -16716.96 -16716.96
16014 100 BS Staff Advance 1,060.39 19361.60 20421.99
16015 100 BS Refund 6144.00 6144.00
16103 100 BS Supsend (14,868.94) -52731.72 -67600.66
16303 100 BS Current A/C Cash Remittance (480,774.84) 480774.84 0.00
17098 100 BS F Asset F&B 11,391.09 1363.64 12754.73
17101 100 BS F Asset ( Brick Fance ) 7,401.00 7401.00
17101 100 BS F Asset Land & Building 17,454.54 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 1,300.03 382.69 1682.72
17104 100 BS Fix Asset ( HK ) 19,049.80 19049.80
17105 100 BS Fixed Asset ( Venical ) 21,666.67 21666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00 8800.00
17105 100 BS F Asset 270.60 270.60
17105 100 BS Construction ( office & store ) 17,380.00 17380.00
17105 100 BS Fix Asset - Building 3411.20 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00 7685.00
18011 200 BS Account Payable - Lease Rental (9,600.00) -9600.00
18011 200 BS Account Payable -Services Money (6,422.28) -6422.28
18011 200 BS Account Payable -Commerical Tax (60,931.12) 854899.00 793967.88
18011 200 BS Account Payable - Columbus 83,461.54 83461.54
18011 200 BS Accrued Payable Hotel (Trade ) (26,462.14) -26462.14
19014 200 BS Accrued Electricity (7,215.52) -7215.52
19014 200 BS Account Payable - Office Rental (HO) (6,456.38) -6456.38
21102 200 BS Tip for Staff (146.69) -146.69
29999 200 BS Retain Earning (1,420,987.09) 228128.34 -1192858.74

30101 1000 PL Room Revenue (22,020.24) -22020.24

50101 1000 PL Salary & Wages ( HK ) 2,428.33 2428.33
50102 1000 PL Staff Related Expenses 792.51 792.51
60102 1000 PL Cleaning Supplies 213.97 213.97
60103 1000 PL Guest Supply 572.84 572.84
60107 1000 PL PS for HK 74.07 74.07
60202 1000 PL Laundry 262.70 262.70
60204 1000 PL Uniform for Room Dept 76.59 76.59
60301 1000 PL Postage,Telephone,e-mail ( HK ) 204.86 204.86
60303 1000 PL Transportation & Labour ( HK ) 307.08 307.08
60410 1000 PL Complimentory Food & Beverage 731.88 731.88
60415 1000 PL Pest Control 9.37 9.37
62011 1000 PL Room Commission Fee ( for July'16) 207.75 207.75
62011 1000 PL Room Commission Fee 63.75 63.75
62013 1000 PL Landscaping ( HK ) 572.67 572.67
69999 1000 PL Miscellaneous ( FO ) 35.36 35.36
31011 2000 PL Food Revenue (11,023.08) -11023.08
32011 2000 PL Beverage Revenue (4,431.57) -4431.57
41011 2000 PL Food Cost 3,297.71 3297.71
42011 2000 PL Beverage Cost 876.20 876.20
50101 2000 PL Salary & Wages ( F&B ) 2,277.50 2277.50
50102 2000 PL Staff Related Expenses 410.93 410.93
60102 2000 PL Cleaning Supply 26.65 26.65
60103 2000 PL Guest Supply 53.18 53.18
60107 2000 PL PS for F&B 10.26 10.26
60202 2000 PL Laundry 19.52 19.52
60204 2000 PL Uniform for F&B Department 32.81 32.81
60301 2000 PL Postage,Telephone,e-mail 177.34 177.34
60303 2000 PL Transportation & Labour ( F&B ) 71.73 71.73
60415 2000 PL Utential GAS Cost 128.00 128.00
69999 2000 PL Miscelleneous 113.93 113.93
30101 3200 PL Revenue - SPA (2,511.30) -2511.30
50101 3200 PL Salary & Wages ( Spa ) 570.28 570.28
50102 3200 PL Staff Related Expenses ( Spa ) 146.76 146.76
64015 3200 PL Other Expense ( MOD ) 515.32 515.32
69999 3200 PL CS for Spa 18.90 18.90
30102 3300 PL Revenue - Others (695.18) -695.18
30102 3300 PL Other -Commerical & Services Money (6,333.15) -6333.15
30104 3300 PL Revenue - Transportation (1,733.05) -1733.05
40101 3300 PL Cost Of Minibar ( Food ) 45.09 45.09
40101 3300 PL Cost Of Minibar ( Beverage ) 116.11 116.11
64012 3300 PL Transport Expenses ( MOD ) 741.02 741.02
64015 3300 PL Service Money for July'16 4,222.10 4222.10
64015 3300 PL Comersial Tax for July'16 2,111.05 2111.05
64015 3300 PL Cost Of Souvenier - 0.00
30101 3400 PL Revenue - Laundry (493.04) -493.04
40101 3400 PL Cost of Laundry 7.62 7.62
50101 3400 PL Salary & Wages ( Ldy ) 91.67 91.67
50102 3400 PL Staff Related Expenses ( Ldy ) 29.35 29.35
40101 3600 PL Cost of Sale - Souvenir ( July'16 ) 13.00 13.00
50101 4000 PL Salary & Wages ( Admin ) 4,811.95 400.00 5211.95
50102 4000 PL Staff Related Exp 732.80 34.83 767.63
60107 4000 PL PS for Finance 56.61 7.71 64.32
60202 4000 PL Laundry 6.04 6.04
60202 4000 PL Data Processing - Admin 8.33 8.33
60204 4000 PL Uniform for A&G Department 24.47 24.47
60301 4000 PL Postage,Telephone, e-mail 177.34 177.34
60303 4000 PL Transportation & Labour ( Admin ) 45.75 782.00 827.75
60412 4000 PL Entertainment 30.31 30.31
60413 4000 PL Exchange A/C 811.10 87.50 898.60
60422 4000 PL Present & Donation ( Admin ) 310.42 310.42
63011 4000 PL Rental -Office 416.67 416.67
63013 4000 PL Medical Expenses ( Admin ) 12.75 12.75
69999 4000 PL Miscellaneous ( Admin ) 7.79 0.79 8.58
50101 5000 PL Salary & Wages - S & M 542.22 542.22
50102 5000 PL Staff Related Exp - S&M 34.83 34.83
60107 5000 PL Printing & Stationery - S&M 9.29 9.29
60202 5000 PL Data Processing - S&M 8.33 8.33
60301 5000 PL Postage,Telephone, e-mail 16.00 16.00
60303 5000 PL Transportation & Labour: S & M 3.75 3.75
69999 5000 PL Miscellaneous Exp: S & M 16.75 16.75
50101 6000 PL Salary & Wages ( Eng ) 1,104.17 1104.17
50102 6000 PL Staff Related Expenses 205.47 205.47
60107 6000 PL PS for Eng 3.93 3.93
60108 6000 PL Engineering Supplies 1,446.80 1446.80
60204 6000 PL Uniform for M&E 13.62 13.62
60301 6000 PL Postage,Telephone,e-mail 169.34 169.34
60306 6000 PL Motor Vehicle Expenses 36.50 36.50
61011 6000 PL Maintenance Building 6,753.94 6753.94
61017 6000 PL Maintenance Equipment 43.00 43.00
61017 6000 PL Repair Charges 1172.50 1172.50
61018 6000 PL Maintenance WaterSupply 999.83 999.83
61019 6000 PL Painting & Renovation 1,137.08 1137.08
61021 6000 PL Landscaping 1,906.90 1906.90
61022 6000 PL Pool 383.33 383.33
61023 6000 PL Light & Bulb 183.17 183.17
65012 7000 PL Utential Diesel 228.06 228.06
65013 7000 PL EPC Bill for July'16 2,628.42 2628.42
70102 8000 PL Lease Rental for July'16 400.00 400.00
80105 9000 PL Reallocation - SPA 35.08 35.08
0.00
0.00 (0.00) (0.00)
14910.45

60652.00

-3945.34

7.91999999999996
90.8599999999999

37655.96

10000 132 1320000 100 1344 134400

1000 22 22000 100 1344 134400
200 8 1600 100 1344 134400
100 4 400 100 1344 134400
0 100 1344 134400
500 1344 672000
1344000 1344000
635 1346 854710
850 1344 1142400
280 1324 370720
180 1324 238320
2945 3950150
-1684.62

-22020.24
2428.33333
792.51
213.97
572.84
74.07
262.7
76.590825
204.855525
307.083333
893.08 731.875
9.37
207.75
63.75
572.665
35.36
-11023.08
-4431.57
3297.71
876.2
2277.5
410.93
26.65
53.18
10.26
19.52
32.8073833
177.3425
71.7333333
128
113.925483
-2511.3
570.2775
146.76
515.32
18.9
-695.18
-6327.94
-1698.26
68.84
186.6
741.02
4222.1
2111.05
0
-493.04
7.62
91.6666667
29.35
13
 5211.945
767.633333
64.3183333
6.04
8.33333333
24.4718583
177.34
827.75
30.31
898.603261
310.416667
416.666667
4.17 12.75
8.58333333
542.2225
34.8333333
9.29166667
6.71 8.33333333
7.67 16
3.75
5.54 16.75
1104.16667
205.47
3.93 3.93
1446.79667
13.622075
169.3425
36.5
6753.93667
43
1172.5
999.833333
1137.08333
1906.90483
383.333333
183.166667
228.06
2628.41667
400
35.08
1684.62
 Villa Inle Resort & Spa
Balance Sheet as at JULY 31 , 2016

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 1,683
F Asset ( HK ) 19,050
F Asset ( F&B ) 12,755
Fix Asset ( Vehical ) 21,667
Fix Asset ( Other ) 10,153
Fix Asset ( Building ) 20,791
Fix Asset ( Data Processing ) 7,685
F Asset Land & Building 17,455
Construction in Progress 60,652

FIXED ASSETS AND INTANGIBLES 179,291

2.0 CURRENT ASSETS

2.1 Accounts Receivable 14,910
2.2 Prepayments 49,803
2.3 Advances (Staff) 20,422
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 37,656
2.7 Cash in Hand 150,085
2.8 Cash at Bank

TOTAL CURRENT ASSETS 272,876

TOTAL ASSETS 452,166.66
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (26,462)
Accounts Payable - Construction
Accounts Payable - Trade columbus 83,462
Accounts Payable - Current Ho (3,945)
Accounts Payable - Services Money (6,422)
Accounts Payable - Commerical Tax 793,968
Accounts Payable - Land Lease (9,600)
Accounts Payable -HO (Office) (6,456)
4.3 Accrued Expenses (7,216)
4.4 Provisions
4.5 Deposit Received (16716.96)
4.6 Other Payable 5,997

TOTAL CURRENT LIABILITIES 739,007

NET ASSETS 1,191,174
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 1,192,859
Retained Earnings /(Loss) (1,685)
SHAREHOLDERS' INTEREST 1,191,174

(0.00)
 7401
1682.72
19050
12755
21667
10153
3411.2
7685
17455
64782

166041
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 July 2016
Amount (USD)
Revenue -
Room Revenue 22,020
Mini Bar Revenue
Food & Beverage 15,455
Other Operation Department
Phone
SPA 2,511
Other 695
Transportation 1,733
Laundry 493
Other -Commerical & Services Money 6,333

Total Revenue 49,241

Cost of Sale
Room Expenses 6,554
Salary & Wages ( HK ) 2428.33
Staff Related Expenses 792.51
Cleaning Supplies 213.97
Guest Supply 572.84
PS for HK 74.07
Laundry 262.70
Uniform for Room Dept 76.59
Postage,Telephone,e-mail ( HK ) 204.86
Transportation & Labour ( HK ) 307.08
Complimentory Food & Beverage 731.88
Pest Control 9.37
Room Commission Fee ( for July'16) 207.75
Room Commission Fee 63.75
Landscaping ( HK ) 572.67
Miscellaneous ( FO ) 35.36

Mini Bar Expenses 161

Mini Bar Cost 161.20

Food & Beverage Expenses 7,496

Food Cost 3,297.71
Beverage Cost 876.20
Salary & Wages ( F&B ) 2,277.50
Staff Related Expenses 410.93
Cleaning Supply 26.65
 Guest Supply 53.18
PS for F&B 10.26
Laundry 19.52
Uniform for F&B Department 32.81
Postage,Telephone,e-mail 177.34
Transportation & Labour ( F&B ) 71.73
Utential GAS Cost 128.00
Miscelleneous 113.93

Other Operation Department 2,169

Salary & Wages ( Spa ) 570.28
Staff Related Expenses ( Spa ) 146.76
Other Expense ( MOD ) 515.32
CS for Spa 18.90
Reallocation - SPA 35.08
Transport Expenses ( MOD ) 741.02
Cost of Laundry 7.62
Salary & Wages ( Ldy ) 91.67
Staff Related Expenses ( Ldy ) 29.35
Cost of Sale - Souvenir ( July'16 ) 13.00

Tax & Services Money 6,333

Other -Commerical Tax 2,111.05
Other -Services Money 4,222.10

Total Cost of Sale 22,713

Gross Operating Profit 26,528

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 631
Salary & Wages - S & M 542.22
Staff Related Exp - S&M 34.83
Printing & Stationery - S&M 9.29
Data Processing - S&M 8.33
Postage,Telephone, e-mail 16.00
Transportation & Labour: S & M 3.75
Miscellaneous Exp: S & M 16.75

Maintance Expenses 15,560

Salary & Wages ( Eng ) 1104.17
Staff Related Expenses 205.47
PS for Eng 3.93
Engineering Supplies 1446.80
Uniform for M&E 13.62
Postage,Telephone,e-mail 169.34
Motor Vehicle Expenses 36.50
 Maintenance Building 6753.94
Maintenance Equipment 43.00
Repair Charges 1172.50
Maintenance WaterSupply 999.83
Painting & Renovation 1137.08
Landscaping 1906.90
Pool 383.33
Light & Bulb 183.17

Admin & General Expenses 12,022

Salary & Wages ( Admin ) 5,211.95
Staff Related Exp 767.63
PS for Finance 64.32
Laundry 6.04
Data Processing - Admin 8.33
Uniform for A&G Department 24.47
Postage,Telephone, e-mail 177.34
Transportation & Labour ( Admin ) 827.75
Entertainment 30.31
Exchange A/C 898.60
Present & Donation ( Admin ) 310.42
Rental -Office 416.67
Medical Expenses ( Admin ) 12.75
Miscellaneous ( Admin ) 8.58
Utential Diesel 228.06
EPC Bill for July'16 2,628.42
Lease Rental for July'16 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 28,212

Net Operating Profit (1,685)

1,685
-
 780
275.565

3279.65
1642.61

19208.18

49,341
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 August'16
Opening YGN
50101 4000 PL Salary & Wages - Admin
50102 4000 PL Staff Related Exp - Admin
50101 5000 PL Salary & Wages - S & M
50102 5000 PL Staff Related Exp - S&M

### 1,934,039.30
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
480,000.00 400.00 -
54,400.00 45.33 -
719,333.00 599.44 -
42,100.00 35.08 -

10,343,583.00 10,343,583.00 8,619.65 8,619.65 48,648.00 48,648.00 21,358.30

JV -Current (USD) Coso Trail
400.00 - 400.00
45.33 - 45.33
599.44 - 599.44
35.08 - 35.08

21,358.30 ### 2,012,665.25 (0.00)

 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 August'16

Opening
14122 100 BS Staff Canteen Expenses 0.000692307692
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1552.6 448.91 2,001.51 2,001.51 2,001.51
2629.22 0 2,629.22 -
2407.285 0 2,407.29 -
580 0 580.00 -
91.666666667 0 91.67 -
4904.1133333 0 4,904.11 -
1104.1666667 0 1,104.17 -
 (0.00)
2,629.22
2,407.29
580.00
91.67
4,904.11
1,104.17
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31ST July'16

Inle YGN Total

11012 100 BS Cash in Hand 104,332.77 19591.12 123923.89
13023 100 BS A/R Guest Ledger -Inle 3,165.08 12400.40 15565.48
13024 100 BS City Ledger ( Agoda ) 12,141.72 12141.72
13024 100 BS City Ledger ( HO ) 1,878,510.37 -1878510.37 0.00
13024 100 BS City Ledger ( Tauck ) 329.16 329.16
13027 100 BS Construction- pool 41,032.10 662.73 41694.82
13027 100 BS Construction ( Laundry ) (3,316.50) -3316.50
13027 100 BS Construction- New Bar (3,583.68) -3583.68
13027 100 BS Construction: Second Phase 21,727.27 21727.27
13032 100 BS Current HO Purchasing (279,918.27) 279700.18 -218.09
13032 100 BS Current HO Payable - Outstanding -6136.55 -6136.55
14011 100 BS Inventory-Food(Store) 3,997.04 3997.04
14012 100 BS Inventory-Beverage(Store) 19,478.94 19478.94
14013 100 BS Inventory Cleaning Supply Store 1,826.65 1826.65
14013 100 BS Inventory - Cleaning Supplies 239.68 239.68
14014 100 BS Inventory-Guest Supplies ( Store ) 1,305.78 1305.78
14015 100 BS Inventory - Massage Oil 154.77 154.77
14016 100 BS Inventory - Souvier 95.00 95.00
14017 100 BS Inventory - Printing Supplies ( Store ) 4,344.66 4344.66
14019 100 BS Inventory-Diesel & Petrol ( Store ) 203.08 203.08
14019 100 BS Inventory Diesel,Petrol ( Generator ) 125.03 125.03
14020 100 BS Inventory-Gas 320.01 320.01
14021 100 BS Inventory - H.K'Guest Supplies 608.85 608.85
14023 100 BS Inventory Other Supply Store 2,274.09 2274.09
14024 100 BS Inventory - Mini Bar ( Food ) 19.01 19.01
14024 100 BS Inventory - Mini Bar ( Bev ) 132.23 132.23
14122 100 BS Staff Canteen Expenses (0.00) 0.00
14125 100 BS Operation - Food 2,891.45 2891.45
14126 100 BS Operation - Beverage ( Bar ) 1,729.93 1729.93
15012 100 BS Prepaid 34,462.29 11402.36 45864.64
15115 100 BS AR Collection - Deposit -24152.96 -24152.96
16014 100 BS Staff Advance 6,240.91 30361.60 36602.51
16015 100 BS Refund 6144.00 6144.00
16103 100 BS Supsend (14,868.94) -52731.72 -67600.66
16303 100 BS Current A/C Cash Remittance (490,774.84) 490774.84 0.00
17098 100 BS F Asset F&B 11,391.09 1363.64 12754.73
17101 100 BS F Asset ( Brick Fance ) 7,401.00 7401.00
17101 100 BS F Asset Land & Building 17,454.54 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 2,083.36 382.69 2466.06
17104 100 BS Fix Asset ( HK ) 19,049.80 19049.80
17105 100 BS Fixed Asset ( Venical ) 21,666.67 21666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00 8800.00
17105 100 BS F Asset 270.60 270.60
17105 100 BS Construction ( office & store ) 17,952.66 17952.66
17105 100 BS Construction ( HOD House ) 2,533.67 3411.20 5944.87
17105 100 BS Fix Asset - Data Processing 7685.00 7685.00
18011 200 BS Account Payable - Lease Rental (10,000.00) -10000.00
18011 200 BS Account Payable -Services Money (5,984.33) -5984.33
18011 200 BS Account Payable -Commerical Tax (62,823.15) -62823.15
18011 200 BS Account Payable - Columbus 83,461.54 861929.00 945390.54
18011 200 BS Accrued Payable Hotel (Trade ) (28,710.64) -28710.64
19014 200 BS Accrued Electricity (6,638.02) -6638.02
19014 200 BS Account Payable - Office Rental (HO) (6,873.05) -6873.05
21102 200 BS Tip for Staff (151.69) -151.69
29999 200 BS Retain Earning (1,422,411.32) 231237.19 -1191174.12

30101 1000 PL Room Revenue (21,603.56) -21603.56

50101 1000 PL Salary & Wages ( HK ) 2,629.22 2629.22
50102 1000 PL Staff Related Expenses 761.14 761.14
60102 1000 PL Cleaning Supplies 146.75 146.75
60103 1000 PL Guest Supply 237.99 237.99
60107 1000 PL PS for HK 33.06 33.06
60202 1000 PL Printing & Stationery ( HK ) 6.25 6.25
60202 1000 PL Laundry 322.73 322.73
60204 1000 PL Uniform for Room Dept 76.59 76.59
60301 1000 PL Postage,Telephone,e-mail 35.25 35.25
60303 1000 PL Transportation & Labour ( HK ) 92.92 366.67 459.59
60410 1000 PL Complimentory Food & Beverage 929.59 929.59
60415 1000 PL Pest Control 10.36 10.36
61021 1000 PL Landscaping 12.99 12.99
62011 1000 PL Room Commission Fee ( for August'16) 421.51 421.51
62011 1000 PL Room Commission Fee 63.75 63.75
62013 1000 PL Landscaping ( HK ) 23.17 23.17
62013 1000 PL Organic Garden ( HK ) 256.08 256.08
62014 1000 PL Fruit Tray ( HK ) 140.42 140.42
69999 1000 PL Miscellaneous ( FO ) 169.43 169.43
31011 2000 PL Food Revenue (9,309.90) -9309.90
32011 2000 PL Beverage Revenue (3,079.26) -3079.26
41011 2000 PL Food Cost 2,978.90 2978.90
42011 2000 PL Beverage Cost 862.71 862.71
50101 2000 PL Salary & Wages ( F&B ) 2,407.29 2407.29
50102 2000 PL Staff Related Expenses 451.04 451.04
60102 2000 PL Cleaning Supply 32.44 32.44
60103 2000 PL Guest Supply 17.69 17.69
60107 2000 PL PS for F&B 5.60 5.60
60202 2000 PL Laundry 21.68 21.68
60204 2000 PL Uniform for F&B Department 32.81 32.81
60301 2000 PL Postage,Telephone, e-mail 24.00 24.00
60303 2000 PL Transportation & Labour ( F&B ) 80.83 366.67 447.50
60415 2000 PL Utential GAS Cost 192.00 192.00
69999 2000 PL Miscellaneous 224.34 224.34
30101 3200 PL Revenue - SPA (1,933.91) -1933.91
50101 3200 PL Salary & Wages ( Spa ) 580.00 580.00
50102 3200 PL Staff Related Expenses 140.95 140.95
64015 3200 PL Other Expense ( MOD ) 462.34 462.34
69999 3200 PL OS for Spa 6.81 6.81
30102 3300 PL Revenue - Others (526.45) -526.45
30102 3300 PL Other -Commerical & Services Money (5,676.08) -5676.08
30104 3300 PL Revenue - Transportation (1,460.87) -1460.87
40101 3300 PL Cost Of Minibar ( Food ) 39.58 39.58
40101 3300 PL Cost Of Minibar ( Beverage ) 94.41 94.41
64014 3300 PL Transportation Expense 527.11 527.11
64015 3300 PL Service Money for August'16 3,784.05 3784.05
64015 3300 PL Comersial Tax for August'16 1,892.03 1892.03
30101 3400 PL Revenue - Laundry (437.39) -437.39
40101 3400 PL Cost of Laundry 6.50 6.50
50101 3400 PL Salary & Wages ( Ldy ) 91.67 91.67
50102 3400 PL Staff Related Expenses ( Ldy ) 28.19 28.19
40101 3600 PL Cost of Sale - Souvenir ( August'16 ) 27.00 27.00
50101 4000 PL Salary & Wages ( Admin ) 4,904.11 400.00 5304.11
50102 4000 PL Staff Related Exp 804.21 45.33 849.54
60107 4000 PL PS for Finance 90.62 90.62
60202 4000 PL Laundry 6.04 6.04
60204 4000 PL Uniform for A&G Department 24.47 24.47
60301 4000 PL Postage,Telephone, e-mail 8.00 6.25 14.25
60303 4000 PL Transportation & Labour ( Admin ) 137.83 355.70 493.53
60408 4000 PL Bank Charges ( Admin ) 2.46 2.46
60413 4000 PL Exchange A/C (158.26) -23.33 -181.59
60414 4000 PL Travelling ( Admin ) 374.31 374.31
60417 4000 PL Insurance 1451.04 1451.04
60422 4000 PL Present & Donation ( Admin ) 108.33 833.33 941.67
63011 4000 PL Rental -Office 416.67 416.67
69999 4000 PL Miscellenous 28.94 28.94
50101 5000 PL Salary & Wages - S & M 599.44 599.44
50102 5000 PL Staff Related Exp - S&M 35.08 35.08
60301 5000 PL Postage,Telephone, e-mail 32.00 6.25 38.25
60303 5000 PL Transportation & Labour: S & M 43.21 43.21
60407 5000 PL Advertising 109.00 109.00
50101 6000 PL Salary & Wages ( Eng ) 1,104.17 1104.17
50102 6000 PL Staff Related Expenses 197.33 197.33
60107 6000 PL PS for Eng 0.31 0.31
60108 6000 PL Engineering Supplies 2,004.65 2004.65
60204 6000 PL Uniform for M&E 13.62 13.62
60306 6000 PL Motor Vehicle Expenses 39.17 39.17
61011 6000 PL Maintenance Building 7,191.44 7191.44
61018 6000 PL Maintenance Water Supply 66.67 66.67
61019 6000 PL Painting & Renovation 1,471.25 1471.25
61021 6000 PL Landscaping 1,906.90 1906.90
61022 6000 PL Pool 24.42 24.42
61023 6000 PL Light & Bulb 99.58 99.58
62013 6000 PL Landscaping ( Eng ) 145.00 145.00
65012 7000 PL Utential Diesel 182.38 182.38
65013 7000 PL EPC Bill for August'16 2,050.92 2050.92
70102 8000 PL Lease Rental for August'16 400.00 400.00
80105 9000 PL Reallocation - SPA 78.93 78.93
69999 3200 PL Miscellenous 0.00
0.00
0.00
0.00 (0.00) 0.00
28036.36

56521.92

-6354.64

39746.21
 -5704.86

-213838.83

7.91999999999996
90.8599999999999

-5619.85

10000 132 1320000 100 1344 134400

1000 22 22000 100 1344 134400
200 8 1600 100 1344 134400
100 4 400 100 1344 134400
0 100 1344 134400
500 1344 672000
1344000 1344000
635 1346 854710
850 1344 1142400
280 1324 370720
180 1324 238320
2945 3950150
-27672.97

-22020.24
792.51
572.84
74.07
262.7
76.590825
307.083333
9.37
207.75
572.665
35.36
-11023.08
3297.71
876.2
2277.5
410.93
26.65
10.26
19.52
32.8073833
177.3425
71.7333333
128
113.925483
-2511.3
570.2775
146.76
515.32
18.9
-695.18
-6327.94
-1698.26
68.84
186.6
741.02
4222.1
2111.05
0
5704.86
0.00
 Villa Inle Resort & Spa
Balance Sheet as at August 30 , 2016

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 2,466
F Asset ( HK ) 19,050
F Asset ( F&B ) 12,755
Fix Asset ( Vehical ) 21,667
Fix Asset ( Other ) 10,153
Fix Asset ( Building ) 23,898
Fix Asset ( Data Processing ) 7,685
F Asset Land & Building 17,455
Construction in Progress 56,522

FIXED ASSETS AND INTANGIBLES 179,050

2.0 CURRENT ASSETS

2.1 Accounts Receivable 28,036
2.2 Prepayments 45,865
2.3 Advances (Staff) 36,603
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 39,746
2.7 Cash in Hand 123,924
2.8 Cash at Bank

TOTAL CURRENT ASSETS 274,174

TOTAL ASSETS 453,223.86
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (28,711)
Accounts Payable - Construction
Accounts Payable - Trade columbus 945,391
Accounts Payable - Current Ho (6,355)
Accounts Payable - Services Money (5,984)
Accounts Payable - Commerical Tax (62,823)
Accounts Payable - Land Lease (10,000)
Accounts Payable -HO (Office) (6,873)
4.3 Accrued Expenses (6,638)
4.4 Provisions
4.5 Deposit Received (24152.96)
4.6 Other Payable 5,992

TOTAL CURRENT LIABILITIES 732,245

NET ASSETS 1,185,469
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 1,191,174
Retained Earnings /(Loss) (5,705)
SHAREHOLDERS' INTEREST 1,185,469

(0.00)
 7401
1682.72
19050
12755
21667
10153
20791.2
7685
17455
60652

166041 214,860,287
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 August 2016
Amount (USD)
Revenue -
Room Revenue 21,604
Mini Bar Revenue
Food & Beverage 12,389
Other Operation Department
Phone
SPA 1,934
Other 526
Transportation 1,461
Laundry 437
Other -Commerical & Services Money 5,676

Total Revenue 44,027

Cost of Sale
Room Expenses 6,736
Salary & Wages ( HK ) 2629.22
Staff Related Expenses 761.14
Cleaning Supplies 146.75
Guest Supply 237.99
PS for HK 33.06
Printing & Stationery ( HK ) 6.25
Laundry 322.73
Uniform for Room Dept 76.59
Postage,Telephone,e-mail 35.25
Transportation & Labour ( HK ) 459.59
Complimentory Food & Beverage 929.59
Pest Control 10.36
Landscaping 12.99
Room Commission Fee ( for August'16) 421.51
Room Commission Fee 63.75
Landscaping ( HK ) 23.17
Organic Garden ( HK ) 256.08
Fruit Tray ( HK ) 140.42
Miscellaneous ( FO ) 169.43

Mini Bar Expenses 134

Mini Bar Cost 133.99

Food & Beverage Expenses 7,698

Food Cost 2,978.90
 Beverage Cost 862.71
Salary & Wages ( F&B ) 2,407.29

Staff Related Expenses 451.04

Cleaning Supply 32.44
Guest Supply 17.69
PS for F&B 5.60
Laundry 21.68
Uniform for F&B Department 32.81
Postage,Telephone, e-mail 24.00
Transportation & Labour ( F&B ) 447.50
Utential GAS Cost 192.00
Miscellaneous 224.34

Other Operation Department 1,949

Salary & Wages ( Spa ) 580.00

Reallocation - SPA 78.93
Staff Related Expenses 140.95
Other Expense ( MOD ) 462.34
OS for Spa 6.81
Transportation Expense 527.11
Cost of Laundry 6.50
Salary & Wages ( Ldy ) 91.67
Staff Related Expenses ( Ldy ) 28.19
Cost of Sale - Souvenir ( August'16 ) 27.00

Tax & Services Money 5,676

Other -Commerical Tax 1,892.03
Other -Services Money 3,784.05

Total Cost of Sale 22,193

Gross Operating Profit 21,834

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 825
Salary & Wages - S & M 599.44
Staff Related Exp - S&M 35.08
Postage,Telephone, e-mail 38.25
Transportation & Labour: S & M 43.21
Advertising 109.00

Maintance Expenses 14,265

Salary & Wages ( Eng ) 1104.17
Staff Related Expenses 197.33
PS for Eng 0.31
Engineering Supplies 2004.65
 Uniform for M&E 13.62
Motor Vehicle Expenses 39.17
Maintenance Building 7191.44
Maintenance Water Supply 66.67
Painting & Renovation 1471.25
Landscaping 1906.90
Pool 24.42
Light & Bulb 99.58
Landscaping ( Eng ) 145.00

Admin & General Expenses 12,449

Salary & Wages ( Admin ) 5,304.11
Staff Related Exp 849.54
PS for Finance 90.62
Laundry 6.04
Uniform for A&G Department 24.47
Postage,Telephone, e-mail 14.25
Transportation & Labour ( Admin ) 493.53
Bank Charges ( Admin ) 2.46
Exchange A/C (181.59)
Travelling ( Admin ) 374.31
Insurance 1,451.04
Present & Donation ( Admin ) 941.67
Rental -Office 416.67
Miscellenous 28.94
Utential Diesel 182.38
EPC Bill for August'16 2,050.92
Lease Rental for August'16 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 27,539

Net Operating Profit (5,705)

5,705
0.00
 780
275.565

3279.65
1642.61

19208.18

44,127
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 30 September'16
Opening YGN YGN (Kyat)
50101 4000 PL Salary & Wages - Admin 480,000.00
50102 4000 PL Staff Related Exp - Admin 46,200.00
50101 5000 PL Salary & Wages - S & M 700,000.00
50102 5000 PL Staff Related Exp - S&M 97,200.00

(0.00)
YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
400.00 -
38.50 -
583.33 -
81.00 -

- - - -
 Coso Trail
400.00 - 400.00
38.50 - 38.50
583.33 - 583.33
81.00 - 81.00

(0.00)
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 September'16

Opening
14122 100 BS Staff Canteen Expenses 0.000692307693
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1475.3333333 496.48 1,971.81 1,971.81 1,971.81
2690.9946237 0 2,690.99 -
2406.344086 0 2,406.34 -
580 0 580.00 -
125.53763441 0 125.54 -
4911.7741935 0 4,911.77 -
1100.672043 0 1,100.67 -
 (0.00) 1,971.81 1,971.81 (0.00)
2,690.99
2,406.34
580.00
125.54
4,911.77
1,100.67
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 30th September'16

Inle YGN
11012 100 BS Cash in Hand 64,483.17 36411.61
13023 100 BS A/R Guest Ledger -Inle 1,314.87 16734.40
13024 100 BS City Ledger ( Agoda ) 13,122.80
13024 100 BS City Ledger ( HO ) 1,896,114.37 -1896114.37
13024 100 BS City Ledger ( Tauck ) 329.16
13027 100 BS Construction- pool 38,156.60 662.73
13027 100 BS Construction ( Laundry ) (3,919.50)
13027 100 BS Construction- New Bar (4,235.26)
13027 100 BS Construction: Second Phase 21,727.27
13032 100 BS Current HO Purchasing (286,735.99) 286517.90
13032 100 BS Current HO Payable - Outstanding -3898.81
14011 100 BS Inventory-Food(Store) 4,166.53
14012 100 BS Inventory-Beverage(Store) 19,328.40
14013 100 BS Inventory Cleaning Supply Store 2,199.77
14013 100 BS Inventory - Cleaning Supplies 294.39
14014 100 BS Inventory-Guest Supplies ( Store ) 1,599.21
14015 100 BS Inventory - Massage Oil 233.86
14016 100 BS Inventory - Souvier 95.00
14017 100 BS Inventory - Printing Supplies ( Store ) 4,382.63
14019 100 BS Inventory-Diesel & Petrol ( Store ) 89.99
14019 100 BS Inventory Diesel,Petrol ( Generator ) 182.32
14020 100 BS Inventory-Gas 525.14
14021 100 BS Inventory - H.K'Guest Supplies 414.89
14023 100 BS Inventory Other Supply Store 2,148.03
14024 100 BS Inventory - Mini Bar ( Food ) 24.55
14024 100 BS Inventory - Mini Bar ( Bev ) 149.22
14122 100 BS Staff Canteen Expenses (0.00)
14125 100 BS Operation - Food 3,239.23
14126 100 BS Operation - Beverage ( Bar ) 1,708.65
15012 100 BS Prepaid 30,428.07 11402.36
15115 100 BS AR Collection - Deposit -58224.96
16014 100 BS Staff Advance 7,782.58 29361.60
16014 100 BS Advance ( WA MIN ) 2000.00
16015 100 BS Refund 6144.00
16103 100 BS Supsend (14,868.94) -52731.72
16303 100 BS Current A/C Cash Remittance (497,284.84) 497284.84
17098 100 BS F Asset F&B 12,013.17 1363.64
17101 100 BS F Asset ( Brick Fance ) 7,401.00
17101 100 BS F Asset Land & Building 17,454.54
17102 100 BS Fixed Asset ( Office Equipment ) 2,866.70 382.69
17102 100 BS Fixed Asset ( HK ) 19,398.96
17105 100 BS Fixed Asset ( Venical ) 21,666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( office & store ) 18,465.00
17105 100 BS Construction ( HOD House ) 15,932.21 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
18011 200 BS Account Payable - Lease Rental (10,400.00)
18011 200 BS Account Payable -Services Money (5,007.83)
18011 200 BS Account Payable -Commerical Tax (64,226.90) 867529.00
18011 200 BS Account Payable - Columbus 83,461.54
18011 200 BS Accrued Payable Hotel (Trade ) (22,667.72)
19014 200 BS Accrued Electricity (6,913.10)
19014 200 BS Account Payable - Office Rental (HO) (7,289.72)
21102 200 BS Tip for Staff (151.69)
29999 200 BS Retain Earning (1,421,192.12) 235722.84

30101 1000 PL Room Revenue (15,966.18)

50101 1000 PL Salary & Wages ( HK ) 2,690.99
50102 1000 PL Staff Related Expenses 758.39
60102 1000 PL Cleaning Supplies ( HK ) 145.92
60103 1000 PL Guest Supply 512.23
60107 1000 PL PS for HK 86.13
60202 1000 PL Laundry 247.13
60204 1000 PL Uniform for Room Dept 76.59
60301 1000 PL Postage,Telephone,e-mail 34.81
60303 1000 PL Transportation & Labour ( HK ) 57.96
60410 1000 PL Complimentory Food & Beverage 891.87
60415 1000 PL Pest Control 9.69
61021 1000 PL Landscaping 943.50
62011 1000 PL Room Commission Fee ( for September'16) 381.15
62011 1000 PL Room Commission Fee 63.75
62013 1000 PL Utensal 462.88
69999 1000 PL Miscellaneous ( HK ) 110.68
31011 2000 PL Food Revenue (6,677.96)
32011 2000 PL Beverage Revenue (2,498.05)
41011 2000 PL Food Cost 1,978.91
42011 2000 PL Beverage Cost 533.76
50101 2000 PL Salary & Wages ( F&B ) 2,406.34
50102 2000 PL Staff Related Expenses 455.03
60102 2000 PL Cleaning Supply 7.71
60103 2000 PL Guest Supply 47.40
60107 2000 PL PS for F&B 13.30
60202 2000 PL Laundry 21.22
60204 2000 PL Uniform for F&B Department 32.81
60301 2000 PL Postage,Telephone,e-mail 18.67
60303 2000 PL Transportation & Labour ( F&B ) 59.34
60415 2000 PL Utential GAS Cost 114.87
62017 2000 PL Operation Utensils ( F&B ) 284.19
69999 2000 PL Miscellaneous 143.78
30101 3200 PL Revenue - SPA (1,793.04)
50101 3200 PL Salary & Wages ( Spa ) 580.00
50102 3200 PL Staff Related Expenses 126.40
64015 3200 PL Other Expense 366.98
69999 3200 PL Decoration & Flower ( Spa ) 50.33
69999 3200 PL Miscellaneous ( Spa ) 11.55
30102 3300 PL Revenue - Others (452.84)
30102 3300 PL Other -Commerical & Services Money (4,211.25)
30104 3300 PL Revenue - Transportation (753.92)
40101 3300 PL Cost Of Minibar ( Food ) 32.46
40101 3300 PL Cost Of Minibar ( Beverage ) 91.08
64012 3300 PL Transport Expenses ( MOD ) 286.18
64015 3300 PL Service Money for September'16 2,807.50
64015 3300 PL Comersial Tax for September'16 1,403.75
30101 3400 PL Revenue - Laundry (316.30)
40101 3400 PL Cost of Laundry 4.70
50101 3400 PL Salary & Wages ( Ldy ) 125.54
50102 3400 PL Staff Related Expenses 50.56
40101 3600 PL Cost of Sale - Souvenir ( September'16 ) 28.25
50101 4000 PL Salary & Wages ( Admin ) 4,911.77 400.00
50102 4000 PL Staff Related Exp 573.38 38.50
60107 4000 PL PS for Finance 50.44
60202 4000 PL Laundry 5.45
60202 4000 PL Data Processing - Admin 16.67
60204 4000 PL Uniform for A&G Department 24.47
60301 4000 PL Postage,Telephone,e-mail 18.74 190.81
60303 4000 PL Transportation & Labour ( Admin ) 37.50 1739.17
60408 4000 PL Bank Charges ( Admin ) 1.08 10.00
60413 4000 PL Exchange A/C (1,690.70) -644.17
60414 4000 PL Travelling ( Admin ) 275.18
60416 4000 PL Licenses & Tax ( Admin ) 191.88 5747.60
60418 4000 PL Staff Activity 142.92
60422 4000 PL Present & Donation ( Admin ) 2,866.80
60422 4000 PL Entertainment ( Tube well ) 647.50
63011 4000 PL Rental -Office 416.67
63013 4000 PL Medical Expense 20.00
69999 4000 PL Miscellaneous ( Admin ) 57.51 1.17
50101 5000 PL Salary & Wages - S & M 583.33
50102 5000 PL Staff Related Exp - S&M 81.00
60202 5000 PL Data Processing - S&M 16.67
60301 5000 PL Postage,Telephone, e-mail 31.72 174.15
60407 5000 PL Advertising ( S&M ) 109.00
69999 5000 PL Miscellaneous Exp: S & M 1.17
50101 6000 PL Salary & Wages ( Eng ) 1,100.67
50102 6000 PL Staff Related Expenses 176.96
60107 6000 PL PS for Eng 814.42
60108 6000 PL Engineering Supplies 977.12
60204 6000 PL Uniform ( Eng ) 34.87
60301 6000 PL Postage,Telephone,e-mail 2.81
60306 6000 PL Motor Vehicle Expenses 239.58
61011 6000 PL Maintenance Building 13,561.76
61018 6000 PL Maintenance WaterSupply 80.00
61019 6000 PL Painting & Renovation 1,545.42
61021 6000 PL Landscaping 2,740.24
61022 6000 PL Pool 166.67
61023 6000 PL Light & Bulb 162.50
61026 6000 PL Water land Cleaning Cost 1,333.33
65012 7000 PL Utential Diesel 121.01
65013 7000 PL EPC Bill for September'16 2,325.92
70102 8000 PL Lease Rental for September'16 400.00
80105 9000 PL Reallocation - SPA 47.95

0.00 (0.00)
Total
100894.78
18049.27
13122.80
0.00
329.16 31501.23
38819.32
-3919.50
-4235.26
21727.27 52391.84
-218.09
-3898.81 -4116.90
4166.53
19328.40
2199.77
294.39
1599.21
233.86
95.00
4382.63
89.99
182.32
525.14
414.89
2148.03
24.55
149.22
0.00
3239.23
1708.65 40781.81
41830.42
-58224.96
37144.18
2000.00
6144.00
-67600.66
0.00
13376.81
7401.00
17454.54
3249.39
19398.96
21666.67
1082.40
8800.00
701.43
18465.00
 19343.41
7685.00
-10400.00
-5007.83
803302.10
83461.54
-22667.72
-6913.10
-7289.72
-151.69
-1185469.27 -29765.32

-15966.18
2690.99
758.39
145.92
512.23
86.13
247.13
76.59
34.81
57.96
891.87
9.69
943.50
381.15
63.75
462.88
110.68
-6677.96
-2498.05
1978.91
533.76
2406.34
455.03
7.71
47.40
13.30
21.22
32.81
18.67
59.34
114.87
284.19
143.78
-1793.04
580.00
126.40
 366.98
50.33
11.55
-452.84
-4211.25
-753.92
32.46
91.08
286.18
2807.50
1403.75
-316.30
4.70
125.54
50.56
28.25
5311.77
611.88
50.44
5.45
16.67
24.47
209.56
1776.67
11.08
-2334.87
275.18
5939.47
142.92
2866.80
647.50
416.67
20.00
58.68
583.33
81.00
16.67
205.87
109.00
1.17
1100.67
176.96
814.42
977.12
34.87
2.81
239.58
13561.76
80.00
1545.42
2740.24
166.67
162.50
1333.33
121.01
2325.92
400.00
47.95
0.00 29765.32
(0.00) 0.00
 Villa Inle Resort & Spa
Balance Sheet as at September 30 , 2016

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 3,249
F Asset ( HK ) 19,399
F Asset ( F&B ) 13,377
Fix Asset ( Vehical ) 21,667
Fix Asset ( Other ) 10,584
Fix Asset ( Building ) 37,808
Fix Asset ( Data Processing ) 7,685
F Asset Land & Building 17,455
Construction in Progress 52,392

FIXED ASSETS AND INTANGIBLES 191,016

2.0 CURRENT ASSETS

2.1 Accounts Receivable 31,501
2.2 Prepayments 41,830
2.3 Advances (Staff) 39,144
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 40,782
2.7 Cash in Hand 100,895
2.8 Cash at Bank

TOTAL CURRENT ASSETS 254,152

TOTAL ASSETS 445,168.88
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (22,668)
Accounts Payable - Construction
Accounts Payable - Trade columbus 83,462
Accounts Payable - Current Ho (4,117)
Accounts Payable - Services Money (5,008)
Accounts Payable - Commerical Tax 803,302
Accounts Payable - Land Lease (10,400)
Accounts Payable -HO (Office) (7,290)
4.3 Accrued Expenses (6,913)
4.4 Provisions
4.5 Deposit Received (58224.96)
4.6 Other Payable 5,992

TOTAL CURRENT LIABILITIES 710,535

NET ASSETS 1,155,704
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 1,185,469
Retained Earnings /(Loss) (29,765)
SHAREHOLDERS' INTEREST 1,155,704

(0.00)
 7401
1682.72
19050
12755
21667
10153
20791.2
7685
17455
60652

166041
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 Sepetmber 2016
Amount (USD)
Revenue -
Room Revenue 15,966
Mini Bar Revenue
Food & Beverage 9,176
Other Operation Department
Phone
SPA 1,793
Other 453
Transportation 754
Laundry 316
Other -Commerical & Services Money 4,211

Total Revenue 32,670

Cost of Sale
Room Expenses 7,474
Salary & Wages ( HK ) 2690.99
Staff Related Expenses 758.39
Cleaning Supplies ( HK ) 145.92
Guest Supply 512.23
PS for HK 86.13
Laundry 247.13
Uniform for Room Dept 76.59
Postage,Telephone,e-mail 34.81
Transportation & Labour ( HK ) 57.96
Complimentory Food & Beverage 891.87
Pest Control 9.69
Landscaping 943.50
Room Commission Fee ( for September'16) 381.15
Room Commission Fee 63.75
Utensal 462.88
Miscellaneous ( HK ) 110.68

Mini Bar Expenses 124

Mini Bar Cost 123.54

Food & Beverage Expenses 6,117

Food Cost 1,978.91
Beverage Cost 533.76
Salary & Wages ( F&B ) 2,406.34

Staff Related Expenses 455.03

 Cleaning Supply 7.71
Guest Supply 47.40
PS for F&B 13.30
Laundry 21.22
Uniform for F&B Department 32.81
Postage,Telephone,e-mail 18.67
Transportation & Labour ( F&B ) 59.34
Utential GAS Cost 114.87
Operation Utensils ( F&B ) 284.19
Miscellaneous 143.78

Other Operation Department 1,678

Salary & Wages ( Spa ) 580.00

Staff Related Expenses 126.40
Other Expense 366.98
Decoration & Flower ( Spa ) 50.33
Miscellaneous ( Spa ) 11.55
Transport Expenses ( MOD ) 286.18
Cost of Laundry 4.70
Salary & Wages ( Ldy ) 125.54
Staff Related Expenses 50.56
Cost of Sale - Souvenir ( September'16 ) 28.25
Reallocation - SPA 47.95

Tax & Services Money 4,211

Other -Commerical Tax 1,403.75
Other -Services Money 2,807.50

Total Cost of Sale 19,604

Gross Operating Profit 13,065

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 997
Salary & Wages - S & M 583.33
Staff Related Exp - S&M 81.00
Data Processing - S&M 16.67
Postage,Telephone, e-mail 205.87
Advertising ( S&M ) 109.00
Miscellaneous Exp: S & M 1.17

Maintance Expenses 22,936

Salary & Wages ( Eng ) 1100.67
Staff Related Expenses 176.96
PS for Eng 814.42
 Engineering Supplies 977.12
Uniform ( Eng ) 34.87
Postage,Telephone,e-mail 2.81
Motor Vehicle Expenses 239.58
Maintenance Building 13561.76
Maintenance WaterSupply 80.00
Painting & Renovation 1545.42
Landscaping 2740.24
Pool 166.67
Light & Bulb 162.50
Water land Cleaning Cost 1333.33

Admin & General Expenses 18,897

Salary & Wages ( Admin ) 5,311.77
Staff Related Exp 611.88
PS for Finance 50.44
Laundry 5.45
Data Processing - Admin 16.67
Uniform for A&G Department 24.47
Postage,Telephone,e-mail 209.56
Transportation & Labour ( Admin ) 1,776.67
Bank Charges ( Admin ) 11.08
Exchange A/C (2,334.87)
Travelling ( Admin ) 275.18
Licenses & Tax ( Admin ) 5,939.47
Staff Activity 142.92
Present & Donation ( Admin ) 2,866.80
Entertainment ( Tube well ) 647.50
Rental -Office 416.67
Medical Expense 20.00
Miscellaneous ( Admin ) 58.68
Utential Diesel 121.01
EPC Bill for September'16 2,325.92
Lease Rental for September'16 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 42,831

Net Operating Profit (29,765)

29,765
-
 780
275.565

3279.65
1642.61

19208.18

32,770
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 October'16
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M

0.00
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
77,600.00 59.69 -
77,650.00 59.73 -

- - -
JV -Current (USD) Coso Trail
59.69 - 59.69
59.73 - 59.73

- 0.00
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 October'16

Opening USD
14122 100 BS Staff Canteen Expenses 0.000692307693 1996.3461538
50101 1000 PL Salary & Wages ( HK ) 2493.4615385
50101 2000 PL Salary & Wages ( F&B ) 2169.7438462
50101 5000 PL Salary & Wages ( S&M ) 538.46153846
50101 3200 PL Salary & Wages ( Spa ) 511.53846154
50101 3400 PL Salary & Wages ( Ldy ) 130.76923077
50101 4000 PL Salary & Wages ( Admin ) 4901.1538462
50101 6000 PL Salary & Wages ( Eng ) 1016.41
USD JV Coso
572.307692307692 767.84 2,191.87 2,764.18 2,764.18 0.00
0 2,493.46 - 2,493.46
0 2,169.74 - 2,169.74
0 538.46 - 538.46
0 511.54 - 511.54
0 130.77 - 130.77
0 4,901.15 - 4,901.15
0 1,016.41 - 1,016.41
2191.87
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31st Octomber'16

Inle YGN
11012 100 BS Cash in Hand 103,257.69 58121.72
13023 100 BS A/R Guest Ledger -Inle 7,162.10 19646.74
13024 100 BS City Ledger ( Agoda ) 16,974.30
13024 100 BS City Ledger ( HO ) 1,969,688.71 -1969688.71
13024 100 BS City Ledger ( Tauck ) 10,817.16
13027 100 BS Construction- pool 35,281.10
13027 100 BS Construction ( Laundry ) (4,522.50)
13027 100 BS Construction- New Bar (4,886.84)
13027 100 BS Construction: Second Phase 21,727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73

asset )
13032 100 BS Current HO Purchasing (310,807.71) 310589.62
13032 100 BS Current HO Payable - Outstanding -8573.29
14011 100 BS Inventory-Food(Store) 4,870.64
14012 100 BS Inventory-Beverage(Store) 19,357.88
14013 100 BS Inventory Cleaning Supply Store 2,209.37
14013 100 BS Inventory - Cleaning Supplies 227.49
14014 100 BS Inventory-Guest Supplies ( Store ) 1,914.09
14015 100 BS Inventory - Massage Oil 199.52
14016 100 BS Inventory - Souvier 95.00
14017 100 BS Inventory - Printing Supplies ( Store ) 4,259.32
14019 100 BS Inventory-Diesel & Petrol ( Store ) 34.87
14019 100 BS Inventory Diesel,Petrol ( Generator ) 162.46
14020 100 BS Inventory-Gas 98.47
14021 100 BS Inventory - H.K'Guest Supplies 519.42
14023 100 BS Inventory Other Supply Store 3,233.74
14024 100 BS Inventory - Mini Bar ( Food ) 37.28
14024 100 BS Inventory - Mini Bar ( Bev ) 210.15
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 4,744.27
14126 100 BS Operation - Beverage ( Bar ) 1,612.15
15012 100 BS Prepaid 26,263.12 11,402.36
15115 100 BS AR Collection - Deposit -75602.96
16014 100 BS Staff Advance 6,859.50 29361.60
16014 100 BS Advance ( WA MIN ) 2000.00
16015 100 BS Refund 6144.00
16103 100 BS Supsend (14,868.94) -52731.72
16303 100 BS Current A/C Cash Remittance (531,842.38) 531842.38
17098 100 BS F Asset F&B 13,994.71 1363.64
17101 100 BS F Asset ( Brick Fance ) 7,401.00
17101 100 BS F Asset Land & Building 17,454.54
17102 100 BS Fixed Asset ( Office Equipment ) 3,921.31 382.69
17102 100 BS Fixed Asset ( HK ) 19,398.96
17105 100 BS Fixed Asset ( Venical ) 21,666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office , Store ) 55,322.98 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
18011 200 BS Account Payable - Lease Rental (10,800.00)
18011 200 BS Account Payable -Services Money (14,571.79)
18011 200 BS Account Payable -Commerical Tax (68,165.40)
18011 200 BS Account Payable - Columbus 83,461.54 878075.00
18011 200 BS Accrued Payable Hotel (Trade ) (25,690.70)
19014 200 BS Accrued Electricity (8,118.49)
19014 200 BS Account Payable - Office Rental (HO) (7,674.33)
21102 200 BS Tip for Staff (151.69)
29999 200 BS Retain Earning (1,399,782.85) 244078.90

30101 1000 PL Room Revenue (81,904.18)

30102 1000 PL Room Revenue (103.13)
50101 1000 PL Salary & Wages ( HK ) 2,493.46
50102 1000 PL Staff Related Expenses 838.86
60102 1000 PL Cleaning Supplies 176.81
60103 1000 PL Guest Supplies 859.20
60107 1000 PL HK
60107 1000 PL PS for HK 266.27
60202 1000 PL Laundry 415.02
60204 1000 PL Uniform for Room Dept 70.70
60250 1000 PL Flowers & Decoration ( HK ) 576.54
60301 1000 PL Postage,Telephone,e-mail 9.92
60303 1000 PL Transportation & Labour ( HK ) 180.00
60410 1000 PL Complimentory Food & Beverage 2,095.89
60415 1000 PL Pest Control 12.42
61021 1000 PL Landscaping 146.39
62011 1000 PL Room Commission Fee ( for September'16) 1,315.51
62011 1000 PL Room Commission Fee 63.75
62013 1000 PL Utensal 309.00
69999 1000 PL Miscellaneous ( HK ) 446.40
31011 2000 PL Food Revenue (26,021.14)
32011 2000 PL Beverage Revenue (8,122.86)
41011 2000 PL Food Cost 6,326.07
42011 2000 PL Beverage Cost 2,054.80
50101 2000 PL Salary & Wages ( F&B ) 2,169.74
50102 2000 PL Staff Related Expenses 514.14
60102 2000 PL Cleaning Supply 47.27
60103 2000 PL Guest Supply 46.46
60107 2000 PL PS for F&B 16.28
60202 2000 PL Laundry 32.23
60204 2000 PL Uniform for F&B Department 30.28
60301 2000 PL Postage,Telephone,e-mail 9.92
60303 2000 PL Transportation & Labour ( F&B ) 66.15
60415 2000 PL Utential GAS Cost 426.67
69999 2000 PL Miscelleneous 415.94
30101 3200 PL Revenue - SPA (4,524.35)
50101 3200 PL Salary & Wages ( Spa ) 511.54
50102 3200 PL Staff Related Expenses 135.30
64015 3200 PL Other Expense ( MOD ) 1,007.64
69999 3200 PL Miscellaneous ( Spa ) 6.47
30102 3300 PL Revenue - Others (1,437.72)
30102 3300 PL Other -Commerical & Services Money (18,556.44)
30104 3300 PL Revenue - Transportation (1,550.87)
40101 3300 PL Cost Of Minibar ( Food ) 81.91
40101 3300 PL Cost Of Minibar ( Beverage ) 288.15
64012 3300 PL Transport Expenses ( MOD ) 306.82
64015 3300 PL Service Money for October'16 12,370.96
64015 3300 PL Comersial Tax for October'16 6,185.48
30101 3400 PL Revenue - Laundry (1,309.13)
40101 3400 PL Cost of Laundry 18.47
50101 3400 PL Salary & Wages ( Ldy ) 130.77
50102 3400 PL Staff Related Expenses 54.12
40101 3600 PL Cost of Sale - Souvenir ( September'16 ) 28.15
50101 4000 PL Salary & Wages ( Admin ) 4,901.15
50102 4000 PL Staff Related Exp 707.40 59.69
60107 4000 PL PS for Finance 58.40
60202 4000 PL Laundry 5.80
60202 4000 PL Data Processing - Admin 7.69
60204 4000 PL Uniform for A&G Department 22.59
60301 4000 PL Postage,Telephone,e-mail 9.92 7.69
60301 4000 PL Phone & Fax - Admin
60303 4000 PL Transportation & Labour ( Admin ) 34.62 724.15
60408 4000 PL Bank Charges ( Admin ) 17.54 10.00
60413 4000 PL Exchange A/C 552.41 413.85
60414 4000 PL Travelling ( Admin ) 115.51
60416 4000 PL Licence & Tax 62.31 498.46
60418 4000 PL Staff Activity 750.00
60422 4000 PL Present & Donation ( Admin ) 309.00
60422 4000 PL Donation to Mee Thway Phoke Tube Well 1,383.08
63011 4000 PL Rental -Office 384.62
63013 4000 PL Medical Expenses ( Admin ) 49.13
69999 4000 PL Miscellaneous ( Admin ) 111.66 7.69
50101 5000 PL Salary & Wages ( S&M ) 538.46
50102 5000 PL Staff Related Exp - S&M 59.73
60107 5000 PL Printing & Stationery - S&M 19.00
60202 5000 PL Data Processing - S&M 7.69
60301 5000 PL Postage,Telephone, e-mail 7.93 7.69
60303 5000 PL Transportation & Labour: S & M 5.77
60407 5000 PL Advertising ( S&M ) 115.38
50101 6000 PL Salary & Wages ( Eng ) 1,016.41
50102 6000 PL Staff Related Expenses 216.48
60107 6000 PL Engineering 2,621.39
60107 6000 PL PS for Eng 18.95
60204 6000 PL Uniform ( Eng ) 32.19
60301 6000 PL Postage,Telephone,e-mail 2.60
60306 6000 PL Motor Vehicle Expenses 163.46
61011 6000 PL Maintenance Building 6,260.78
61012 6000 PL Maintenance Generator 127.69
61018 6000 PL Maintenance Water Supply 31.92
61019 6000 PL Painting & Renovation ( Eng ) 344.23
61021 6000 PL Landscaping 1,760.22
61022 6000 PL Pool 22.31
69999 6000 PL Miscellenous 0.54
65012 7000 PL Utential Diesel 243.27
65013 7000 PL EPC Bill for September'16 3,357.00
70102 8000 PL Lease Rental for October'16 400.00
80105 9000 PL Reallocation - SPA 76.59

(0.00) 0.01
Total
161379.41
26808.84
16974.30
0.00
10817.16 54600.30
35281.10
-4522.50
-4886.84
21727.27

662.73
48261.76
-218.09
-8573.29 -8791.38
4870.64
19357.88
2209.37
227.49
1914.09
199.52
95.00
4259.32
34.87
162.46
98.47
519.42
3233.74
37.28
210.15
0.00
4744.27
1612.15 43786.12
37665.48
-75602.96
36221.10
2000.00
6144.00
-67600.66
0.00
15358.35
7401.00
17454.54
4304.00
19398.96
21666.67
1082.40
8800.00
701.43
58734.18
7685.00
-10800.00
 -14571.79
-68165.40
961536.54
-25690.70
-8118.49
-7674.33
-151.69
-1155703.94 71309.91

-81904.18 -143529.82
-103.13
2493.46
838.86
176.81
859.20
0.00
266.27
415.02
70.70
576.54
9.92
180.00
2095.89
12.42
146.39
1315.51
63.75
309.00
446.40
-26021.14
-8122.86
6326.07
2054.80
2169.74
514.14
47.27
46.46
16.28
32.23
30.28
9.92
66.15
426.67
415.94
-4524.35
511.54
135.30
1007.64
6.47
-1437.72
-18556.44
-1550.87
 81.91
288.15
306.82
12370.96
6185.48
-1309.13
18.47
130.77
54.12
28.15
4901.15
767.09
58.40
5.80
7.69
22.59
17.61
0.00
758.77
27.54
966.26
115.51
560.77
750.00
309.00
1383.08
384.62
49.13
119.35
538.46
59.73
19.00
7.69
15.62
5.77
115.38
1016.41
216.48
2621.39
18.95
32.19
2.60
163.46
6260.78
127.69
31.92
344.23
1760.22
22.31
0.54
243.27
3357.00
400.00
76.59
0.00 -71309.90
0.00 0.00
 Villa Inle Resort & Spa
Balance Sheet as at October 31 , 2016

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 4,304
F Asset ( HK ) 19,399
F Asset ( F&B ) 15,358
Fix Asset ( Vehical ) 21,667
Fix Asset ( Other ) 10,584
Fix Asset ( Building ) 58,734
Fix Asset ( Data Processing ) 7,685
F Asset Land & Building 17,455
Construction in Progress 48,262

FIXED ASSETS AND INTANGIBLES 210,848

2.0 CURRENT ASSETS

2.1 Accounts Receivable 54,600
2.2 Prepayments 37,665
2.3 Advances (Staff) 38,221
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 43,786
2.7 Cash in Hand 161,379
2.8 Cash at Bank

TOTAL CURRENT ASSETS 335,652

TOTAL ASSETS 546,500.71
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (25,691)
Accounts Payable - Construction
Accounts Payable - Trade columbus 961,537
Accounts Payable - Current Ho (8,791)
Accounts Payable - Services Money (14,572)
Accounts Payable - Commerical Tax (68,165)
Accounts Payable - Land Lease (10,800)
Accounts Payable -HO (Office) (7,674)
4.3 Accrued Expenses (8,118)
4.4 Provisions
4.5 Deposit Received (75602.96)
4.6 Other Payable 5,992

TOTAL CURRENT LIABILITIES 680,513

NET ASSETS 1,227,014
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 1,155,704
Retained Earnings /(Loss) 71,310
SHAREHOLDERS' INTEREST 1,227,014

(0.00)
 7,401
3,249
19,399
13,377
21,667
10,584
37,808
7,685
17,455
52,392

166041 191016.450739

31501.2295835
41830.42397491
39144.17775567

40781.80983415
100894.7834221

254152.4245703
445168.8753093
0

-67600.66
-22667.7166503

83461.53846154
-4116.89732777
-5007.83
803302.1037601
-10400
-7289.71561254
-6913.10109143

-58224.96
5992.31

710535.0715396
1155703.946849

1185469.272428
-29765.3237628
1155703.948665

-0.00181636424
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 October 2016
Amount (USD)
Revenue -
Room Revenue 81,904
Mini Bar Revenue
Food & Beverage 34,144
Other Operation Department
Phone
SPA 4,524
Other 1,541
Transportation 1,551
Laundry 1,309
Other -Commerical & Services Money 18,556

Total Revenue 143,530

Cost of Sale
Room Expenses 10,276
Salary & Wages ( HK ) 2493.46
Staff Related Expenses 838.86
Cleaning Supplies 176.81
Guest Supplies 859.20
HK 0.00
PS for HK 266.27
Laundry 415.02
Uniform for Room Dept 70.70
Flowers & Decoration ( HK ) 576.54
Postage,Telephone,e-mail 9.92
Transportation & Labour ( HK ) 180.00
Complimentory Food & Beverage 2095.89
Pest Control 12.42
Landscaping 146.39
Room Commission Fee ( for September'16) 1315.51
Room Commission Fee 63.75
Utensal 309.00
Miscellaneous ( HK ) 446.40

Mini Bar Expenses 370

Mini Bar Cost 370.06

Food & Beverage Expenses 12,156

Food Cost 6,326.07
Beverage Cost 2,054.80
Salary & Wages ( F&B ) 2,169.74
 Staff Related Expenses 514.14
Cleaning Supply 47.27
Guest Supply 46.46
PS for F&B 16.28
Laundry 32.23
Uniform for F&B Department 30.28
Postage,Telephone,e-mail 9.92
Transportation & Labour ( F&B ) 66.15
Utential GAS Cost 426.67
Miscelleneous 415.94

Other Operation Department 2,276

Salary & Wages ( Spa ) 511.54
Staff Related Expenses 135.30
Other Expense ( MOD ) 1,007.64
Miscellaneous ( Spa ) 6.47
Transport Expenses ( MOD ) 306.82
Cost of Laundry 18.47
Salary & Wages ( Ldy ) 130.77
Staff Related Expenses 54.12
Cost of Sale - Souvenir ( September'16 ) 28.15
Reallocation - SPA 76.59

Tax & Services Money 18,556

Other -Commerical Tax 6,185.48
Other -Services Money 12,370.96

Total Cost of Sale 43,634

Gross Operating Profit 99,895

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 762
Salary & Wages ( S&M ) 538.46
Staff Related Exp - S&M 59.73
Printing & Stationery - S&M 19.00
Data Processing - S&M 7.69
Postage,Telephone, e-mail 15.62
Transportation & Labour: S & M 5.77
Advertising ( S&M ) 115.38

Maintance Expenses 12,619

Salary & Wages ( Eng ) 1016.41
Staff Related Expenses 216.48
Engineering 2621.39
PS for Eng 18.95
Uniform ( Eng ) 32.19
 Postage,Telephone,e-mail 2.60
Motor Vehicle Expenses 163.46
Maintenance Building 6260.78
Maintenance Generator 127.69
Maintenance Water Supply 31.92
Painting & Renovation ( Eng ) 344.23
Landscaping 1760.22
Pool 22.31
Miscellenous 0.54

Admin & General Expenses 15,205

Salary & Wages ( Admin ) 4,901.15
Staff Related Exp 767.09
PS for Finance 58.40
Laundry 5.80
Data Processing - Admin 7.69
Uniform for A&G Department 22.59
Postage,Telephone,e-mail 17.61
Phone & Fax - Admin -
Transportation & Labour ( Admin ) 758.77
Bank Charges ( Admin ) 27.54
Exchange A/C 966.26
Travelling ( Admin ) 115.51
Licence & Tax 560.77
Staff Activity 750.00
Present & Donation ( Admin ) 309.00
Donation to Mee Thway Phoke Tube Well 1,383.08
Rental -Office 384.62
Medical Expenses ( Admin ) 49.13
Miscellaneous ( Admin ) 119.35
Utential Diesel 243.27
EPC Bill for September'16 3,357.00
Lease Rental for October'16 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 28,585

Net Operating Profit 71,310

(71,310)
-
 780
275.565

3279.65
1642.61

19208.18

143,630
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 November'16
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50105 4000 PL Salary & Wages - Admin
50102 5000 PL Staff Related Exp - S&M
50105 5000 PL Salary & Wages - S & M

(0.00)
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
52,100.00 40.08 -
480,000.00 369.23 -
42,900.00 33.00 -
770,000.00 592.31 -

- - -
JV -Current (USD) Coso Trail
40.08 - 40.08
369.23 - 369.23
33.00 - 33.00
592.31 - 592.31

- (0.00)
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 November'16

Opening
14122 100 BS Staff Canteen Expenses 0.0039230769225
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1364.6192308 458.076923076923 1,036.48 1,943.03 2,401.10 2,401.11
2380.1738462 0 2,380.17 -
2121.8607692 0 2,121.86 -
466.15384615 0 466.15 -
130.76923077 0 130.77 -
4452.9530769 0 4,452.95 -
1028.8461538 0 1,028.85 -
 (0.00)
2,380.17
2,121.86
466.15
130.77
4,452.95
1,028.85
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 30th November'16

Inle YGN
11012 100 BS Cash in Hand 104,955.63 45557.17
13023 100 BS A/R Guest Ledger -Inle 9,279.96 52917.27
13024 100 BS City Ledger ( Agoda ) 19,448.77
13024 100 BS City Ledger ( HO ) 2,126,010.24 -2126010.24
13024 100 BS City Ledger ( Tauck ) 17,605.16
13027 100 BS Construction- pool 32,405.60
13027 100 BS Construction ( Laundry ) (5,125.50)
13027 100 BS Construction- New Bar (5,538.42)
13027 100 BS Construction: Second Phase 21,727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73

asset )
13032 100 BS Current HO Purchasing (326,001.21) 325783.12
13032 100 BS Current HO Payable - Outstanding -8540.12
14011 100 BS Inventory-Food(Store) 4,836.88
14012 100 BS Inventory-Beverage(Store) 16,820.44
14013 100 BS Inventory Cleaning Supply Store 2,186.10
14013 100 BS Inventory - Cleaning Supplies 180.06
14014 100 BS Inventory-Guest Supplies ( Store ) 1,765.69
14014 100 BS Inventory-Printing Supplies ( Store ) 4,228.32
14015 100 BS Inventory - Massage Oil 479.13
14016 100 BS Inventory - Souvier 70.00
14019 100 BS Inventory-Diesel & Petrol ( Store ) 110.67
14019 100 BS Inventory Diesel,Petrol ( Generator ) 106.15
14020 100 BS Inventory-Gas 161.54
14021 100 BS Inventory - H.K'Guest Supplies 363.63
14023 100 BS Inventory Other Supply Store 3,947.25
14024 100 BS Inventory - Mini Bar ( Food ) 31.44
14024 100 BS Inventory - Mini Bar ( Bev ) 194.29
14122 100 BS Staff Canteen Expenses (0.00)
14125 100 BS Operation - Food 6,196.56
14126 100 BS Operation - Beverage ( Bar ) 2,848.32
15012 100 BS Prepaid 26,861.99 11402.36
15115 100 BS AR Collection - Deposit -38639.96
16014 100 BS Staff Advance 8,013.35 29361.60
16014 100 BS Advance ( WA MIN ) 2000.00
16015 100 BS Refund 6704.00
16103 100 BS Supsend (14,868.94) -52731.72
16303 100 BS Current A/C Cash Remittance (547,073.76) 547073.76
17098 100 BS F Asset F&B 13,994.71 1363.64
17101 100 BS F Asset ( Brick Fance ) 7,401.00
17101 100 BS F Asset Land & Building 17,454.54
17102 100 BS Fixed Asset ( Office Equipment ) 17,029.41 382.69
17102 100 BS Fixed Asset ( HK ) 21,798.96
17105 100 BS Fixed Asset ( Venical ) 21,666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House ) 63,889.29 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
18011 200 BS Account Payable - Lease Rental (11,200.00)
18011 200 BS Account Payable -Services Money (21,346.17)
18011 200 BS Account Payable -Commerical Tax (79,675.47)
18011 200 BS Account Payable - Columbus 83,461.54 940275.00
18011 200 BS Accrued Payable Hotel (Trade ) (28,485.48)
19014 200 BS Accrued Electricity (8,076.18)
19014 200 BS Account Payable - Office Rental (HO) (8,058.95)
21102 200 BS Tip for Staff (250.69)
29999 200 BS Retain Earning (1,470,984.47) 245908.01

30101 1000 PL Room Revenue (136,635.25)

50101 1000 PL Salary & Wages ( HK ) 2,380.17
50102 1000 PL Staff Related Expenses 752.92
60102 1000 PL Cleaning Supplies 128.64
60103 1000 PL Guest Supplies 1,034.06
60107 1000 PL PS for HK 69.27
60202 1000 PL Laundry 410.72
60203 1000 PL Linen ( HK ) 1,414.32
60204 1000 PL Uniform for Room Dept 74.93
60301 1000 PL Postage,Telephone, e-mail 42.73
60303 1000 PL Transportation & Labour (F&B ) 59.04
60410 1000 PL Complimentory Food & Beverage 688.91
60415 1000 PL Pest Control 10.35
61021 1000 PL Landscaping 190.66
62011 1000 PL Room Commission Fee ( for November'16) 714.00
62011 1000 PL Room Commission Fee 63.75
62021 1000 PL Operation Utensils ( FO ) 311.63
69999 1000 PL Miscellaneous ( HK ) 186.88
20201 2000 PL X'Mas & New Years 96.15
31011 2000 PL Food Revenue (34,055.57)
32011 2000 PL Beverage Revenue (13,097.54)
41011 2000 PL Food Cost 8,297.72
42011 2000 PL Beverage Cost 3,584.55
50101 2000 PL Salary & Wages ( F&B ) 2,121.86
50102 2000 PL Staff Related Expenses 461.47
60101 2000 PL China,Glass & Silverware (F&B) 1,068.54
60102 2000 PL Cleaning Supply 65.68
60103 2000 PL Guest Supply 54.30
60107 2000 PL PS for F&B 16.83
60202 2000 PL Laundry 37.42
60204 2000 PL Uniform for F&B Department 34.71
60301 2000 PL Postage,Telephone,e-mail 35.49
60303 2000 PL Transportation & Labour ( HK ) 178.08
60415 2000 PL Utential GAS Cost 298.77
69999 2000 PL Miscelleneous 386.65
30101 3200 PL Revenue - SPA (4,798.26)
50101 3200 PL Salary & Wages ( Spa ) 466.15
50102 3200 PL Staff Related Expenses 121.44
64015 3200 PL Other Expense ( MOD ) 992.22
69999 3200 PL OS for Spa 5.31
30102 3300 PL Revenue - Others (2,192.12)
30102 3300 PL Other -Commerical & Services Money (28,718.07)
30104 3300 PL Revenue - Transportation (1,126.09)
40101 3300 PL Cost Of Minibar ( Food ) 93.54
40101 3300 PL Cost Of Minibar ( Beverage ) 305.92
64012 3300 PL Transport Expenses ( MOD ) 138.99
64015 3300 PL Service Money for November'16 19,145.38
64015 3300 PL Comersial Tax for November'16 9,572.69
30101 3400 PL Revenue - Laundry (1,611.52)
40101 3400 PL Cost of Laundry 22.21
50101 3400 PL Salary & Wages ( Ldy ) 130.77
50102 3400 PL Staff Related Expenses 48.58
40101 3600 PL Cost of Sale - Souvenir ( November'16 ) 161.00
50101 4000 PL Salary & Wages ( Admin ) 4,452.95 369.23
50102 4000 PL Staff Related Exp 464.16 40.08
60107 4000 PL PS for Finance 407.46
60202 4000 PL Data Processing - Admin 7.69
60204 4000 PL Uniform for A&G Department 28.26
60301 4000 PL Postage,Telephone,e-mail 40.05 26.92
60303 4000 PL Transportation & Labour ( Admin ) 30.77 752.35
60408 4000 PL Bank Charges ( Admin ) 5.10 10.00
60413 4000 PL Exchange A/C (80.65) -242.31
60414 4000 PL Travelling Expense ( Admin ) 2,182.40
60416 4000 PL Licence & Tax 10.38
60418 4000 PL Staff Activity ( Admin ) 287.85
60422 4000 PL Present & Donation ( Admin ) 261.54
63011 4000 PL Rental -Office 384.62
69999 4000 PL Miscellaneous ( Admin ) 18.17 52.69
50102 5000 PL Staff Related Exp - S&M 33.00
50105 5000 PL Salary & Wages - S & M 592.31
60202 5000 PL Data Processing - S&M 7.69
60301 5000 PL Postage,Telephone, e-mail 22.65 26.92
60407 5000 PL Advertising 109.00 3757.92
60408 5000 PL Bank Services Expenses
50101 6000 PL Salary & Wages ( Eng ) 1,028.85
50102 6000 PL Staff Related Expenses 194.30
60107 6000 PL PS for Eng 9.62
60108 6000 PL Engineering Supplies 967.50
60109 6000 PL Hand Tool ( Eng ) 8.28
60204 6000 PL Uniform for M&E 12.57
60301 6000 PL Postage,Telephone,e-mail 10.38
60306 6000 PL Motor Vehicle Expenses 149.23
61011 6000 PL Maintenance Building ( 6,794.63
61012 6000 PL Maintenance Generator 83.85
61021 6000 PL Landscaping 1,760.22
61022 6000 PL Swimming Pool 21.54
61023 6000 PL Light & Bulb 485.51
62019 6000 PL Sewage & Rubbish Removal 23.08
69999 6000 PL Miscellaneous ( Eng ) 113.08
65012 7000 PL Utential Diesel 204.00
65013 7000 PL EPC Bill for November'16 3,314.69
70102 8000 PL Lease Rental for September'16 400.00
80105 9000 PL Reallocation - SPA 123.82

0.00 (0.00)
Total
150512.80
62197.23
19448.77
0.00
17605.16 99251.16
32405.60
-5125.50
-5538.42
21727.27

662.73
44131.68
-218.09
-8540.12 -8758.21
4836.88
16820.44
2186.10
180.06
1765.69
4228.32
479.13
70.00
110.67
106.15
161.54
363.63
3947.25
31.44
194.29
0.00
6196.56
2848.32 44526.48
38264.35
-38639.96
37374.95
2000.00
6704.00
-67600.66
0.00
15358.35
7401.00
17454.54
17412.10
21798.96
21666.67
1082.40
8800.00
701.43
67300.49
7685.00
-11200.00
 -21346.17
-79675.47
1023736.54
-28485.48
-8076.18
-8058.95
-250.69
-1225076.45
135994.67 135994.53

-136635.25
2380.17
752.92
128.64
1034.06
69.27
410.72
1414.32
74.93
42.73
59.04
688.91
10.35
190.66
714.00
63.75
311.63
186.88
96.15
-34055.57
-13097.54
8297.72
3584.55
2121.86
461.47
1068.54
65.68
54.30
16.83
37.42
34.71
35.49
178.08
298.77
386.65
-4798.26
466.15
121.44
992.22
5.31
-2192.12
-28718.07
-1126.09
 93.54
305.92
138.99
19145.38
9572.69
-1611.52
22.21
130.77
48.58
161.00
4822.18
504.24
407.46
7.69
28.26
66.98
783.12
15.10
-322.96
2182.40
10.38
287.85
261.54
384.62
70.86
33.00
592.31
7.69
49.57
3866.92
0.00
1028.85
194.30
9.62
967.50
8.28
12.57
10.38
149.23
6794.63
83.85
1760.22
21.54
485.51
23.08
113.08
204.00
3314.69
400.00
123.82 -135994.66
0.00 0.00
0.00
 Villa Inle Resort & Spa
Balance Sheet as at November 30 , 2016

USD

1.0 ASSETS
F Asset ( Brick Fance ) 7,401
Fix Asset - Furniture & Fitting 17,412
F Asset ( HK ) 21,799
F Asset ( F&B ) 15,358
Fix Asset ( Vehical ) 21,667
Fix Asset ( Other ) 1,784
Fix Asset ( Building ) 76,100
Fix Asset ( Data Processing ) 7,685
F Asset Land & Building 17,455
Construction in Progress 44,132

FIXED ASSETS AND INTANGIBLES 230,793

2.0 CURRENT ASSETS

2.1 Accounts Receivable 99,251
2.2 Prepayments 38,264
2.3 Advances (Staff) 39,375
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 44,526
2.7 Cash in Hand 150,513
2.8 Cash at Bank

TOTAL CURRENT ASSETS 371,930

TOTAL ASSETS 602,722.34
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (28,485)
Accounts Payable - Construction
Accounts Payable - Trade columbus 1,023,737
Accounts Payable - Current Ho (8,758)
Accounts Payable - Services Money (21,346)
Accounts Payable - Commerical Tax (79,675)
Accounts Payable - Land Lease (11,200)
Accounts Payable -HO (Office) (8,059)
4.3 Accrued Expenses (8,076)
4.4 Provisions
4.5 Deposit Received (38639.96)
4.6 Other Payable 6,453

TOTAL CURRENT LIABILITIES 758,349

NET ASSETS 1,361,071
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 1,225,076
Retained Earnings /(Loss) 135,995
SHAREHOLDERS' INTEREST 1,361,071

(0.00)
 7,401
3,249
19,399
13,377
21,667
23,577
56,832
7,685
9,400
48,262

166041 210,848

54,600
37,665
38,221

43,786
161,379

335,653
546,500.88
-

(67,601)
(25,691)

961,537
(8,791)
(14,572)
(68,165)
(10,800)
(7,674)
(8,118)

(75602.96)
5,992

680,513
1,227,014

1,155,704
71,310
1,227,014

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 November 2016
Amount (USD)
Revenue 222,234
Room Revenue 136,635.25
Mini Bar Revenue
Food & Beverage 47,153.11
Other Operation Department
Phone
SPA 4,798.26
Other 2,192.12
Transportation 1,126.09
Laundry 1,611.52
Other -Commerical & Services Money 28718.07

Total Revenue 222,234

Cost of Sale
Room Expenses 8,533
Salary & Wages ( HK ) 2380.17
Staff Related Expenses 752.92
Cleaning Supplies 128.64
Guest Supplies 1034.06
PS for HK 69.27
Laundry 410.72
Linen ( HK ) 1414.32
Uniform for Room Dept 74.93
Postage,Telephone, e-mail 42.73
Transportation & Labour (F&B ) 59.04
Complimentory Food & Beverage 688.91
Pest Control 10.35
Landscaping 190.66
Room Commission Fee ( for November'16) 714.00
Room Commission Fee 63.75
Operation Utensils ( FO ) 311.63
Miscellaneous ( HK ) 186.88

Mini Bar Expenses 399

Mini Bar Cost 399.46

Food & Beverage Expenses 16,738

Food Cost 8,297.72
Beverage Cost 3,584.55
Salary & Wages ( F&B ) 2,121.86
Staff Related Expenses 461.47
 China,Glass & Silverware (F&B) 1,068.54
Cleaning Supply 65.68
Guest Supply 54.30
PS for F&B 16.83
Laundry 37.42
Uniform for F&B Department 34.71
Postage,Telephone,e-mail 35.49
Transportation & Labour ( HK ) 178.08
Utential GAS Cost 298.77
Miscelleneous 386.65
X'Mas & New Years 96.15

Other Operation Department 2,210

Salary & Wages ( Spa ) 466.15
Staff Related Expenses 121.44
Other Expense ( MOD ) 992.22
OS for Spa 5.31
Transport Expenses ( MOD ) 138.99
Cost of Laundry 22.21
Salary & Wages ( Ldy ) 130.77
Staff Related Expenses 48.58
Cost of Sale - Souvenir ( November'16 ) 161.00
Reallocation - SPA 123.82

Tax & Services Money 28,718

Other -Commerical Tax 9,572.69
Other -Services Money 19,145.38

Total Cost of Sale 56,599

Gross Operating Profit 165,635

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 4,549
Staff Related Exp - S&M 33.00
Salary & Wages - S & M 592.31
Data Processing - S&M 7.69
Postage,Telephone, e-mail 49.57
Advertising 3866.92
Bank Services Expenses 0.00

Maintance Expenses 11,663

Salary & Wages ( Eng ) 1028.85
Staff Related Expenses 194.30
PS for Eng 9.62
Engineering Supplies 967.50
Hand Tool ( Eng ) 8.28
Uniform for M&E 12.57
Postage,Telephone,e-mail 10.38
 Motor Vehicle Expenses 149.23
Maintenance Building ( 6794.63
Maintenance Generator 83.85
Landscaping 1760.22
Swimming Pool 21.54
Light & Bulb 485.51
Sewage & Rubbish Removal 23.08
Miscellaneous ( Eng ) 113.08

Admin & General Expenses 13,428

Salary & Wages ( Admin ) 4,822.18
Staff Related Exp 504.24
PS for Finance 407.46
Data Processing - Admin 7.69
Uniform for A&G Department 28.26
Postage,Telephone,e-mail 66.98
Transportation & Labour ( Admin ) 783.12
Bank Charges ( Admin ) 15.10
Exchange A/C (322.96)
Travelling Expense ( Admin ) 2,182.40
Licence & Tax 10.38
Staff Activity ( Admin ) 287.85
Present & Donation ( Admin ) 261.54
Rental -Office 384.62
Miscellaneous ( Admin ) 70.86
Utential Diesel 204.00
EPC Bill for November'16 3,314.69
Lease Rental for September'16 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 29,641

Net Operating Profit 135,995

(135,995)
-
 780
275.565

3279.65
1642.61

19208.18

222,334
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 December'16
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50105 4000 PL Salary & Wages - Admin
50102 5000 PL Staff Related Exp - S&M
50105 5000 PL Salary & Wages - S & M

(0.00)
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
3,425.00 2.54 -
480,000.00 355.56 -
54,025.00 40.02 -
770,000.00 570.37 -

- - -
JV -Current (USD) Coso Trail
2.54 - 2.54
355.56 - 355.56
40.02 - 40.02
570.37 - 570.37

- (0.00)
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 December'16

Opening
14122 100 BS Staff Canteen Expenses 0.00376923077
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1966.8148148 59.33 602.50 2,509.98 2,569.31 2,569.32
2769.2659259 - 2,769.27 -
3008.8888889 - 3,008.89 -
527.65407407 - 527.65 -
125.92592593 - 125.93 -
4481.9755556 - 4,481.98 -
1024.197037 - 1,024.20 -
 (0.00) 32.25675
2,769.27
3,008.89
527.65
125.93
4,481.98
1,024.20
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31st December'16

Inle YGN
11012 100 BS Cash in Hand 128,020.47 51387.69
13023 100 BS A/R Guest Ledger -Inle (1,364.83) 3924.02
13024 100 BS City Ledger ( Agoda ) 22,135.22
13024 100 BS City Ledger ( HO ) 2,234,117.99 -2234117.99
13024 100 BS City Ledger ( Tauck ) 17,605.16
13027 100 BS Construction- pool 29,530.10
13027 100 BS Construction ( Laundry ) (5,728.50)
13027 100 BS Construction- New Bar (6,190.00)
13027 100 BS Construction: Second Phase 21,727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73

asset )
13032 100 BS Current HO Purchasing (341,644.50) 341426.41
13032 100 BS Current HO Payable - Outstanding -8544.19
14011 100 BS Inventory-Food(Store) 3,861.82
14012 100 BS Inventory-Beverage(Store) 18,351.05
14013 100 BS Inventory Cleaning Supply Store 1,685.23
14013 100 BS Inventory - Cleaning Supplies 649.15
14014 100 BS Inventory-Guest Supplies ( Store ) 2,456.76
14014 100 BS Inventory-Printing Supplies ( Store ) 4,092.72
14015 100 BS Inventory - Massage Oil 120.69
14016 100 BS Inventory - Souvier 28.00
14019 100 BS Inventory-Diesel & Petrol ( Store ) 92.88
14019 100 BS Inventory Diesel,Petrol ( Generator ) 133.03
14020 100 BS Inventory-Gas 199.11
14021 100 BS Inventory - H.K'Guest Supplies 406.91
14023 100 BS Inventory Other Supply Store 4,033.05
14024 100 BS Inventory - Mini Bar ( Food ) 45.33
14024 100 BS Inventory - Mini Bar ( Bev ) 183.20
14122 100 BS Staff Canteen Expenses (0.00)
14125 100 BS Operation - Food 6,471.87
14126 100 BS Operation - Beverage ( Bar ) 2,580.54
15012 100 BS Prepaid 20,776.31 11402.36
15115 100 BS AR Collection - Deposit -100276.96
16014 100 BS Staff Advance 6,828.16 29361.60
16014 100 BS Advance ( WA MIN ) 2000.00
16015 100 BS Refund 6704.00
16103 100 BS Supsend (14,868.94) -52731.72
16303 100 BS Current A/C Cash Remittance (612,344.76) 612344.76
17098 100 BS F Asset F&B 13,994.71 1363.64
17101 100 BS F Asset ( Brick Fance ) 9,291.74
17101 100 BS F Asset Land & Building 17,454.54
17102 100 BS Fixed Asset ( Office Equipment ) 20,151.78 382.69
17102 100 BS Fixed Asset ( HK ) 22,910.08
17105 100 BS Fixed Asset ( Venical ) 21,666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 71,693.88 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 3,020.81
18011 200 BS Account Payable - Lease Rental (11,600.00)
18011 200 BS Account Payable -Services Money (16,356.35)
18011 200 BS Account Payable -Commerical Tax (82,503.68)
18011 200 BS Account Payable - Columbus 118,461.54 1066606.00
18011 200 BS Accrued Payable Hotel (Trade ) (26,522.10)
19014 200 BS Accrued Electricity (7,888.77)
19014 200 BS Account Payable - Office Rental (HO) (8,429.32)
21102 200 BS Tip for Staff (253.69)
29999 200 BS Retain Earning (1,612,413.63) 251342.51

30101 1000 PL Room Revenue (98,860.09)

50101 1000 PL Salary & Wages ( HK ) 2,769.27
50102 1000 PL Staff Related Expenses 933.95
60101 1000 PL China,Glass & Silverware 181.33
60102 1000 PL Cleaning Supplies 128.60
60103 1000 PL Guest Supply 763.73
60107 1000 PL PS for HK 124.24
60202 1000 PL Laundry 318.67
60204 1000 PL Uniform for Room Dept 72.24
60301 1000 PL Postage,Telephone, e-mail 14.41
60410 1000 PL Complimentory Food & Beverage 1,074.74
60415 1000 PL Pest Control 2.78
61021 1000 PL Landscaping(HK) 349.27
62011 1000 PL Room Commission Fee ( for November'16) 982.00
62012 1000 PL Transportation & Labour(HK) 275.56 727.78
62013 1000 PL Operation Utensils(HK) 16.67
69999 1000 PL Miscellaneous(HK) 282.00
20201 2000 PL X'mas(F&B) 411.15
31011 2000 PL Food Revenue (27,676.40)
32011 2000 PL Beverage Revenue (7,625.81)
41011 2000 PL Food Cost 7,842.28
42011 2000 PL Beverage Cost 2,758.53
50101 2000 PL Salary & Wages ( F&B ) 3,008.89
50102 2000 PL Staff Related Expenses 612.90
60101 2000 PL China,Glass & Silverware(F&B) 671.11
60102 2000 PL Cleaning Supply 58.69
60103 2000 PL Guest Supply 50.68
60107 2000 PL PS for F&B 32.26
60202 2000 PL Laundry 24.51
60204 2000 PL Uniform for F&B Department 33.42
60301 2000 PL Postage,Telephone, e-mail 7.09
60303 2000 PL Transportation & Labour(F&B) 207.56 727.77
60415 2000 PL Utential GAS Cost 326.43
62020 2000 PL New Years(F&B) 696.15
69999 2000 PL Miscellaneous(F&B) 459.22
30101 3200 PL Revenue - SPA (4,873.91)
50101 3200 PL Salary & Wages ( Spa ) 527.65
50102 3200 PL Staff Related Expenses 145.93
69999 3200 PL Miscellaneous (Spa) 11.18
30102 3300 PL Revenue - Others (1,646.03)
30102 3300 PL Other -Commerical & Services Money (21,232.77)
30104 3300 PL Revenue - Transportation (1,280.87)
40101 3300 PL Cost Of Minibar ( Food ) 91.35
40101 3300 PL Cost Of Minibar ( Beverage ) 265.19
64012 3300 PL Transport Expenses(MOD) 270.80
64015 3300 PL Other Expense(MOD) 1,518.44
64015 3300 PL Payable - Service Money for December'16 14,155.18
64015 3300 PL Comersial Tax for December'16 7,077.59
64015 3300 PL Cost Of Souvenier 240.55
30101 3400 PL Revenue - Laundry (1,165.22)
40101 3400 PL Cost of Laundry 17.90
50101 3400 PL Salary & Wages ( Ldy ) 125.93
50102 3400 PL Staff Related Expenses ( Ldy ) 58.37
50101 4000 PL Salary & Wages ( Admin ) 4,481.98 355.56
50102 4000 PL Staff Related Exp 1,075.70 2.54
60107 4000 PL PS for Finance 209.73 259.63
60202 4000 PL Laundry 3.99
60204 4000 PL Uniform for A&G Department 27.30
60301 4000 PL Postage,Telephone, e-mail 14.45 14.81
60303 4000 PL Transportation & Labour(Admin) 44.07 506.52
60408 4000 PL Bank Services Expenses 22.22
60412 4000 PL Entertainment(Admin) 80.99
60413 4000 PL Exchange A/C (558.50)
60414 4000 PL Travelling Expense 2,182.41
60416 4000 PL Licence & Tax 10.00
60418 4000 PL Staff Activity(Admin) 42.78
60421 4000 PL Staff S S B 401.78
60422 4000 PL Present & Donation(Admin) 691.41
63011 4000 PL Rental -Office 370.37
63013 4000 PL Medical Expenses(Admin) 68.67
69999 4000 PL Miscellaneous(Admin) 410.60 11.11
50102 5000 PL Staff Related Exp - S&M 40.02
50105 5000 PL Salary & Wages - S & M 570.37
60107 5000 PL Printing & Stationery - S&M 11.63
60301 5000 PL Postage,Telephone, e-mail 21.81 14.81
60407 5000 PL Advertising 109.00 2370.37
60412 5000 PL Enertainment ,Gift Donation -S&M 31.11
50101 6000 PL Salary & Wages ( Eng ) 1,024.20
50102 6000 PL Staff Related Expenses 233.49
60107 6000 PL PS for Eng 10.82
60108 6000 PL Engineering Supplies 3,061.44
60109 6000 PL Hand Tools(Eng) -
60204 6000 PL Uniform for M&E 12.11
60306 6000 PL Motor Vehicle Expenses 11.85
61011 6000 PL Maintenance Building 7,232.24
61018 6000 PL Maintenance WaterSupply 54.81
61021 6000 PL Landscaping 1,695.03
61022 6000 PL Pool 211.11
69999 6000 PL OS for M&E 10.82
65012 7000 PL Utential Diesel 84.23
65013 7000 PL EPC Bill for December'16 3,004.52
70102 8000 PL Lease Rental for December'16 400.00
80105 9000 PL Reallocation - SPA 377.01

0.000 (0.00)
 Total
179408.16
2559.19
22135.22
0.00
17605.16 42299.57
29530.10
-5728.50
-6190.00
21727.27

662.73
40001.60
-218.09
-8544.19 -8762.28
3861.82
18351.05
1685.23
649.15
2456.76
4092.72
120.69
28.00
92.88
133.03
199.11
406.91
4033.05
45.33
183.20
0.00
6471.87
2580.54 45391.33
32178.66
-100276.96
36189.76
2000.00 38189.76
6704.00
-67600.66
0.00
15358.35
9291.74
17454.54
20534.47
22910.08
21666.67
1082.40
8800.00
 701.43
75105.08
7685.00
3020.81
-11600.00
-16356.35
-82503.68
1185067.54
-26522.10
-7888.77
-8429.32
-253.69
-1361071.11 81586.26

-98860.09
2769.27
933.95

181.33
128.60
763.73
124.24
318.67
72.24
14.41
1074.74
2.78
349.27
982.00
1003.34
16.67
282.00
411.15
-27676.40
-7625.81
7842.28
2758.53
3008.89
612.90
671.11
58.69
50.68
32.26
24.51
33.42
7.09
935.33
326.43
696.15
 459.22
-4873.91
527.65
145.93
11.18
-1646.03
-21232.77
-1280.87
91.35
265.19
270.80
1518.44
14155.18
7077.59
240.55
-1165.22
17.90
125.93
58.37
4837.53
1078.24
469.36
3.99
27.30
29.26
550.59
22.22
80.99
-558.50
2182.41
10.00
42.78
401.78
691.41
370.37
68.67
421.71
40.02
570.37
11.63 63.6666667
36.62
2479.37
31.11
1024.20
233.49
10.82
3061.44
0.00
12.11
 11.85
7232.24
54.81
1695.03
211.11
10.82
84.23
3004.52
400.00
377.01
0.00 -81586.26
(0.00) 0.00
 Villa Inle Resort & Spa
Balance Sheet as at December 31 , 2016

USD

1.0 ASSETS
F Asset ( Brick Fance ) 9,292
Fix Asset - Furniture & Fitting 20,534
F Asset ( HK ) 22,910
F Asset ( F&B ) 15,358
Fix Asset ( Vehical ) 21,667
Fix Asset ( Other ) 13,605
Fix Asset ( Building ) 75,105
Fix Asset ( Data Processing ) 7,685
F Asset Land & Building 17,455
Construction in Progress 40,002

FIXED ASSETS AND INTANGIBLES 243,612

2.0 CURRENT ASSETS

2.1 Accounts Receivable 42,300
2.2 Prepayments 32,179
2.3 Advances (Staff) 38,190
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 45,391
2.7 Cash in Hand 179,408
2.8 Cash at Bank

TOTAL CURRENT ASSETS 337,467

TOTAL ASSETS 581,079.65
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (26,522)
Accounts Payable - Construction
Accounts Payable - Trade columbus 1,185,068
Accounts Payable - Current Ho (8,762)
Accounts Payable - Services Money (16,356)
Accounts Payable - Commerical Tax (82,504)
Accounts Payable - Land Lease (11,600)
Accounts Payable -HO (Office) (8,429)
4.3 Accrued Expenses (7,889)
4.4 Provisions
4.5 Deposit Received (100276.96)
4.6 Other Payable 6,450

TOTAL CURRENT LIABILITIES 861,578

NET ASSETS 1,442,657
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 1,361,071
Retained Earnings /(Loss) 81,586

SHAREHOLDERS' INTEREST 1,442,657

(0.00)
 7,401
17,412
21,799
15,358
21,667
1,784
76,100
7,685
17,455
44,132

166041 230,793

99,251
38,264
39,375

44,526
150,513

371,930
602,722.39
-

(67,601)
(28,485)

1,023,737
(8,758)
(21,346)
(79,675)
(11,200)
(8,059)
(8,076)

(38639.96)
6,453

758,349
1,361,071

1,225,077
135,995

1,361,071
(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 December 2016

Revenue
Room Revenue 98,860.09
Mini Bar Revenue
Food & Beverage 35,302.21
Other Operation Department
Phone
SPA 4,873.91
Other 1,646.03
Transportation 1,280.87
Laundry 1,165.22
Other -Commerical & Services Money 21232.77

Total Revenue

Cost of Sale
Room Expenses
Salary & Wages ( HK ) 2769.27
Staff Related Expenses 933.95
China,Glass & Silverware 181.33
Cleaning Supplies 128.60
Guest Supply 763.73
PS for HK 124.24
Laundry 318.67
Uniform for Room Dept 72.24
Postage,Telephone, e-mail 14.41
Complimentory Food & Beverage 1074.74
Pest Control 2.78
Landscaping(HK) 349.27
Room Commission Fee ( for November'16) 982.00
Transportation & Labour(HK) 1003.34
Operation Utensils(HK) 16.67
Miscellaneous(HK) 282.00

Mini Bar Expenses

Mini Bar Cost 356.54

Food & Beverage Expenses

Food Cost 7,842.28
Beverage Cost 2,758.53
Salary & Wages ( F&B ) 3,008.89
Staff Related Expenses 612.90
China,Glass & Silverware(F&B) 671.11
Cleaning Supply 58.69
Guest Supply 50.68
PS for F&B 32.26
Laundry 24.51
 Uniform for F&B Department 33.42
Postage,Telephone, e-mail 7.09
Transportation & Labour(F&B) 935.33
Utential GAS Cost 326.43
X'mas(F&B) 411.15
New Years(F&B) 696.15
Miscellaneous(F&B) 459.22

Other Operation Department

Salary & Wages ( Spa ) 527.65
Staff Related Expenses 145.93
Miscellaneous (Spa) 11.18
Transport Expenses(MOD) 270.80
Other Expense(MOD) 1,518.44
Cost Of Souvenier 240.55
Cost of Laundry 17.90
Salary & Wages ( Ldy ) 125.93
Staff Related Expenses ( Ldy ) 58.37
Reallocation - SPA 377.01

Tax & Services Money

Other -Commerical Tax 7,077.59
Other -Services Money 14,155.18

Total Cost of Sale

Gross Operating Profit

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing
Staff Related Exp - S&M 40.02
Salary & Wages - S & M 570.37
Printing & Stationery - S&M 11.63
Postage,Telephone, e-mail 36.62
Advertising 2479.37
Enertainment ,Gift Donation -S&M 31.11

Maintance Expenses
Salary & Wages ( Eng ) 1024.20
Staff Related Expenses 233.49
PS for Eng 10.82
Engineering Supplies 3061.44
Hand Tools(Eng) 0.00
Uniform for M&E 12.11
Motor Vehicle Expenses 11.85
Maintenance Building 7232.24
Maintenance WaterSupply 54.81
Landscaping 1695.03
Pool 211.11
OS for M&E 10.82

Admin & General Expenses

Salary & Wages ( Admin ) 4,837.53
 Staff Related Exp 1,078.24
PS for Finance 469.36
Laundry 3.99
Uniform for A&G Department 27.30
Postage,Telephone, e-mail 29.26
Transportation & Labour(Admin) 550.59
Bank Services Expenses 22.22
Entertainment(Admin) 80.99
Exchange A/C (558.50)
Travelling Expense 2,182.41
Licence & Tax 10.00
Staff Activity(Admin) 42.78
Staff S S B 401.78
Present & Donation(Admin) 691.41
Rental -Office 370.37
Medical Expenses(Admin) 68.67
Miscellaneous(Admin) 421.71
Utential Diesel 84.23
EPC Bill for November'16 3,004.52
Lease Rental for September'16 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses

Net Operating Profit

Amount (USD)
164,361

3279.65
1642.61

19208.18

164,361 164,461

9,017

357

17,929
 3,294

21,233

51,829

112,532

3,169

13,558

14,219
30,946

81,586

(81,586)
-
 10
15
13
6
780 44
275.565
500 50 25000
200 100 20000
100 50 5000
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 January'17
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M

(0.00)
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
88,600.00 65.63 -
54,500.00 40.37 -

- - -
JV -Current (USD) Coso Trail
65.63 - 65.63
40.37 - 40.37

- (0.00)
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 January'17

Opening
14122 100 BS Staff Canteen Expenses 0.002287749288
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
60418 4000 PL Staff Activity ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1813.8518519 5.56 554.51 2,362.80 2,368.36 2,368.36
3183.5081481 - 3,183.51 -
3238.3511111 - 3,238.35 -
585.18518519 - 585.19 -
155.55555556 - 155.56 -
6006.5948148 - 6,006.59 -
59.555555556 - 59.56 -
570.37037037 - 570.37 -
1121.0274074 - 1,121.03 -
 0.00 2,362.80 2509.98
3,183.51
3,238.35
585.19
155.56
6,006.59
59.56
570.37
1,121.03
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31st January'17

Inle YGN
11012 100 BS Cash in Hand 167,610.21 20916.53
13023 100 BS A/R Guest Ledger -Inle (9,945.65) 32210.97
13024 100 BS City Ledger ( Agoda ) 25,648.99
13024 100 BS City Ledger ( HO ) 2,418,618.94 -2418618.94
13024 100 BS City Ledger ( Tauck ) 17,605.16
13027 100 BS Construction- pool 26,654.60
13027 100 BS Construction ( Laundry ) (6,331.50)
13027 100 BS Construction- New Bar (6,841.58)
13027 100 BS Construction: Second Phase 21,727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix 662.73

asset )
13032 100 BS Current HO Purchasing (354,657.38) 354439.28
13032 100 BS Current HO Payable - Outstanding -10449.77
14011 100 BS Inventory-Food(Store) 4,007.16
14012 100 BS Inventory-Beverage(Store) 17,674.69
14013 100 BS Inventory Cleaning Supply Store 2,319.17
14013 100 BS Inventory - Cleaning Supplies 354.06
14014 100 BS Inventory-Guest Supplies ( Store ) 2,050.29
14014 100 BS Inventory-Printing Supplies ( Store ) 4,082.63
14015 100 BS Inventory - Massage Oil 63.04
14016 100 BS Inventory - Souvier 45.24
14019 100 BS Inventory-Diesel & Petrol ( Store ) 162.30
14019 100 BS Inventory Diesel,Petrol ( Generator ) 117.24
14020 100 BS Inventory-Gas 213.33
14021 100 BS Inventory - H.K'Guest Supplies 424.27
14023 100 BS Inventory Other Supply Store 4,017.83
14024 100 BS Inventory - Mini Bar ( Food ) 22.31
14024 100 BS Inventory - Mini Bar ( Bev ) 206.61
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 4,107.04
14126 100 BS Operation - Beverage ( Bar ) 1,960.64
15012 100 BS Prepaid 20,415.16 11402.36
15115 100 BS AR Collection - Deposit -118645.96
16014 100 BS Staff Advance 7,132.61 29361.60
16014 100 BS Advance ( WA MIN ) 2000.00
16015 100 BS Refund 6704.00
16103 100 BS Supsend (14,868.94) -52731.72
16303 100 BS Current A/C Cash Remittance (669,280.76) 669280.76
17098 100 BS F Asset F&B 13,994.71 1363.64
17101 100 BS F Asset ( Brick Fance ) 12,962.56
17101 100 BS F Asset Land & Building 17,454.54
17102 100 BS Fixed Asset ( Office Equipment ) 20,151.78 382.69
17102 100 BS Fixed Asset ( HK ) 22,910.08
17105 100 BS Fixed Asset ( Venical ) 21,666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 76,018.32 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 5,983.78
18011 200 BS Account Payable - Lease Rental (12,000.00)
18011 200 BS Account Payable -Services Money (22,488.93)
18011 200 BS Account Payable -Commerical Tax (85,781.16)
18011 200 BS Account Payable - Columbus 118,461.54 1202395.00
18011 200 BS Accrued Payable Hotel (Trade ) (21,751.85)
19014 200 BS Accrued Electricity (8,271.73)
19014 200 BS Account Payable - Office Rental (HO) (8,799.69)
21102 200 BS Tip for Staff (380.04)
29999 200 BS Retain Earning (1,699,666.16) 257008.77

30101 1000 PL Room Revenue (143,358.18)

50101 1000 PL Salary & Wages ( HK ) 3,183.51
50102 1000 PL Staff Related Expenses 902.64
60102 1000 PL Cleaning Supplies 185.29
60103 1000 PL Guest Supply 856.15
60201 1000 PL Printing & Stationery 146.41
60202 1000 PL Laundry 359.90
60204 1000 PL Uniform for Room Dept 72.24
60250 1000 PL Flowers & Decoration ( HK ) 848.15
60301 1000 PL Postage,Telephone,e-mail ( HK ) 425.12
60303 1000 PL Transportation & Labour ( HK ) 138.15
60410 1000 PL Complimentory Food & Beverage 742.07
60415 1000 PL Pest Control 7.03
61021 1000 PL Landscaping ( HK ) 177.04
62011 1000 PL Room Commission Fee ( for Jan'17 ) 510.00
62013 1000 PL Operation Utensils ( HK ) 26.37
69999 1000 PL Miscellaneous (HK ) 136.74
31011 2000 PL Food Revenue (36,312.57)
32011 2000 PL Beverage Revenue (13,444.30)
41011 2000 PL Food Cost 11,714.78
42011 2000 PL Beverage Cost 4,140.44
50101 2000 PL Salary & Wages ( F&B ) 3,238.35
50102 2000 PL Staff Related Expenses 584.06
60101 2000 PL China,Glass & Silverware 234.15
60102 2000 PL Cleaning Supply 54.16
60103 2000 PL Guest Supply 53.69
60107 2000 PL PS for F&B 27.72
60202 2000 PL Laundry 16.15
60204 2000 PL Uniform for F&B Department 29.16
60250 2000 PL Decoration 0.26
60301 2000 PL Postage,Telephone,e-mail 209.08
60303 2000 PL Transportation & Labour ( F&B ) 79.63
60415 2000 PL Utential GAS Cost 305.78
62013 2000 PL Hire charges Nestle Coffee Machine 148.15
69999 2000 PL Miscellaneous ( F&B ) 642.43
30101 3200 PL Revenue - SPA (6,728.70)
50101 3200 PL Salary & Wages ( Spa ) 585.19
50102 3200 PL Staff Related Expenses 141.07
30102 3300 PL Revenue - Others (3,661.51)
30102 3300 PL Other -Commerical & Services Money (30,431.37)
30104 3300 PL Revenue - Transportation (1,353.78)
40101 3300 PL Cost Of Minibar ( Food ) 116.74
40101 3300 PL Cost Of Minibar ( Beverage ) 338.77
64012 3300 PL Transport Expenses ( MOD ) 264.74
64015 3300 PL Payable - Service Money for January'17 20,287.58
64015 3300 PL Comersial Tax for January'17 10,143.79
64015 3300 PL Cost Of Souvenier 2,162.45
30101 3400 PL Revenue - Laundry (1,504.35)
40101 3400 PL Cost of Laundry 20.41
50101 3400 PL Salary & Wages ( Ldy ) 155.56
50102 3400 PL Staff Related Expenses 53.10
50101 4000 PL Salary & Wages ( Admin ) 6,006.59
50102 4000 PL Staff Related Exp 680.28 65.63
60201 4000 PL Printing & Stationery ( Admin ) 141.20 2.67
60202 4000 PL Laundry 7.68
60202 4000 PL Data Processing - Admin 14.81
60204 4000 PL Uniform for A&G Department 25.91
60301 4000 PL Postage,Telephone,e-mail 118.53 25.93
60303 4000 PL Transportation & Labour ( Admin ) 49.26 354.81
60408 4000 PL Bank Charges ( Admin ) 15.74 20.74
60413 4000 PL Exchange A/C (356.27) 33.33
60414 4000 PL Travelling Expense 2,182.41
60416 4000 PL Licence & Tax 10.00
60418 4000 PL Staff Activity ( Admin ) 59.56
60421 4000 PL Staff S S B 267.56
60422 4000 PL Present & Donation ( Admin ) 244.44
63011 4000 PL Rental -Office 370.37
63013 4000 PL Medical Expenses ( Admin ) 9.48
69999 4000 PL Miscellaneous ( Admin ) 115.56
50101 5000 PL Salary & Wages ( S&M ) 570.37
50102 5000 PL Staff Related Exp - S&M 40.37
60201 5000 PL Printing & Stationery - S&M 5.26
60202 5000 PL Data Processing - S&M 14.81
60301 5000 PL Postage,Telephone, e-mail 14.18 25.93
60303 5000 PL Transportation - S&M 212.07
60407 5000 PL Advertising 109.00 257.33
60412 5000 PL Entertainment ( S&M ) 38.89
50101 6000 PL Salary & Wages ( Eng ) 1,121.03
50102 6000 PL Staff Related Expenses 212.39
60108 6000 PL Engineering Supplies 1,505.04
60201 6000 PL Printing & Stationery 7.89
60204 6000 PL Uniform 68.69
60301 6000 PL Postage,Telephone,e-mail 97.22
60306 6000 PL Motor Vehicle Expenses 6.30
61011 6000 PL Maintenance Building 6,372.98
61017 6000 PL Maintenance Equipment 78.30
61021 6000 PL Landscaping 1,695.03
61022 6000 PL Pool 9.63
69999 6000 PL OS for M&E 3.51
65012 7000 PL Utential Diesel 298.00
65013 7000 PL EPC Bill for January'17 3,387.48
70102 8000 PL Lease Rental for January'17 400.00
80105 9000 PL Reallocation - SPA 171.24

(0.00) (0.00)
 Total
188526.74
22265.32
25648.99
0.00
17605.16 65519.47
26654.60
-6331.50
-6841.58
21727.27

662.73
35871.52
-218.09
-10449.77 -10667.86
4007.16
17674.69
2319.17
354.06
2050.29
4082.63
63.04
45.24
162.30
117.24
213.33
424.27
4017.83
22.31
206.61
0.00
4107.04
1960.64 41827.88
31817.51
-118645.96
36494.21
2000.00
6704.00
-67600.66
0.00
15358.35
12962.56
17454.54
20534.47
22910.08
21666.67
1082.40
8800.00
 701.43
79429.52
7685.00
5983.78
-12000.00
-22488.93
-85781.16
1320856.54
-21751.85
-8271.73
-8799.69
-380.04
-1442657.38 145141.40

-143358.18
3183.51
902.64
185.29
856.15
146.41
359.90
72.24
848.15
425.12
138.15
742.07
7.03
177.04
510.00
26.37
136.74
-36312.57
-13444.30
11714.78
4140.44
3238.35
584.06
234.15
54.16
53.69
27.72
16.15
29.16
0.26
209.08
79.63
305.78
148.15
 642.43
-6728.70
585.19
141.07
-3661.51
-30431.37
-1353.78
116.74
338.77
264.74
20287.58
10143.79
2162.45
-1504.35
20.41
155.56
53.10
6006.59
745.91
143.87
7.68
14.81
25.91
144.46
404.07
36.48
-322.94
2182.41
10.00
59.56
267.56
244.44
370.37
9.48
115.56
570.37
40.37
5.26
14.81
40.11
212.07
366.33
38.89
1121.03
212.39
1505.04
7.89
68.69
97.22
 6.30
6372.98
78.30
1695.03
9.63
3.51
298.00
3387.48
400.00
171.24 -145141.40
0.00 0.00
(0.00)
 Villa Inle Resort & Spa
Balance Sheet as at January 31 , 2017

USD

1.0 ASSETS
F Asset ( Brick Fance ) 12,963
Fix Asset - Furniture & Fitting 20,534
F Asset ( HK ) 22,910
F Asset ( F&B ) 15,358
Fix Asset ( Vehical ) 21,667
Fix Asset ( Other ) 16,568
Fix Asset ( Building ) 79,430
Fix Asset ( Data Processing ) 7,685
F Asset Land & Building 17,455
Construction in Progress 35,872

FIXED ASSETS AND INTANGIBLES 250,440

2.0 CURRENT ASSETS

2.1 Accounts Receivable 65,519
2.2 Prepayments 31,818
2.3 Advances (Staff) 38,494
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 41,828
2.7 Cash in Hand 188,527
2.8 Cash at Bank

TOTAL CURRENT ASSETS 366,186

TOTAL ASSETS 616,626.12
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (21,752)
Accounts Payable - Construction
Accounts Payable - Trade columbus 1,320,857
Accounts Payable - Current Ho (10,668)
Accounts Payable - Services Money (22,489)
Accounts Payable - Commerical Tax (85,781)
Accounts Payable - Land Lease (12,000)
Accounts Payable -HO (Office) (8,800)
4.3 Accrued Expenses (8,272)
4.4 Provisions
4.5 Deposit Received (118645.96)
4.6 Other Payable 6,324

TOTAL CURRENT LIABILITIES 971,173

NET ASSETS 1,587,799
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 1,442,657
Retained Earnings /(Loss) 145,141
SHAREHOLDERS' INTEREST 1,587,799

(0.00)
 9,292
20,534
22,910
15,358
21,667
13,605
75,105
7,685
17,455
40,002

166041 243,612

42,300
32,179
38,190

45,391
179,408

337,467
581,079.65
-

(67,601)
(26,522)

1,185,068
(8,762)
(16,356)
(82,504)
(11,600)
(8,429)
(7,889)

(100276.96)
6,450

861,578
1,442,657

1,361,071
81,586
1,442,657

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 January 2017
Amount (USD)
Revenue 236,795
Room Revenue 143,358.18
Mini Bar Revenue
Food & Beverage 49,756.87
Other Operation Department
Phone
SPA 6,728.70
Other 3,661.51
Transportation 1,353.78
Laundry 1,504.35
Other -Commerical & Services Money 30431.37

Total Revenue 236,795

Cost of Sale
Room Expenses 8,717
Salary & Wages ( HK ) 3183.51
Staff Related Expenses 902.64
Cleaning Supplies 185.29
Guest Supply 856.15
Printing & Stationery 146.41
Laundry 359.90
Uniform for Room Dept 72.24
Flowers & Decoration ( HK ) 848.15
Postage,Telephone,e-mail ( HK ) 425.12
Transportation & Labour ( HK ) 138.15
Complimentory Food & Beverage 742.07
Pest Control 7.03
Landscaping ( HK ) 177.04
Room Commission Fee ( for Jan'17 ) 510.00
Operation Utensils ( HK ) 26.37
Miscellaneous (HK ) 136.74

Mini Bar Expenses 456

Mini Bar Cost 455.51

Food & Beverage Expenses 21,478

Food Cost 11,714.78
Beverage Cost 4,140.44
Salary & Wages ( F&B ) 3,238.35
Staff Related Expenses 584.06
China,Glass & Silverware 234.15
Cleaning Supply 54.16
 Guest Supply 53.69
PS for F&B 27.72
Laundry 16.15
Uniform for F&B Department 29.16
Decoration 0.26
Postage,Telephone,e-mail 209.08
Transportation & Labour ( F&B ) 79.63
Utential GAS Cost 305.78
Hire charges Nestle Coffee Machine 148.15
Miscellaneous ( F&B ) 642.43

Other Operation Department 3,554

Salary & Wages ( Spa ) 585.19
Staff Related Expenses 141.07
Transport Expenses ( MOD ) 264.74
Cost Of Souvenier 2,162.45
Cost of Laundry 20.41
Salary & Wages ( Ldy ) 155.56
Staff Related Expenses 53.10
Reallocation - SPA 171.24

Tax & Services Money 30,431

Other -Commerical Tax 10,143.79
Other -Services Money 20,287.58

Total Cost of Sale 64,635

Gross Operating Profit 172,159

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 1,288
Salary & Wages ( S&M ) 570.37
Staff Related Exp - S&M 40.37
Printing & Stationery - S&M 5.26
Data Processing - S&M 14.81
Postage,Telephone, e-mail 40.11
Transportation - S&M 212.07
Advertising 366.33
Entertainment ( S&M ) 38.89

Maintance Expenses 11,178

Salary & Wages ( Eng ) 1121.03
Staff Related Expenses 212.39
Engineering Supplies 1505.04
Printing & Stationery 7.89
Uniform 68.69
Postage,Telephone,e-mail 97.22
Motor Vehicle Expenses 6.30
Maintenance Building 6372.98
Maintenance Equipment 78.30
 Landscaping 1695.03
Pool 9.63
OS for M&E 3.51

Admin & General Expenses 14,552

Salary & Wages ( Admin ) 6,006.59
Staff Related Exp 745.91
Printing & Stationery ( Admin ) 143.87
Laundry 7.68
Data Processing - Admin 14.81
Uniform for A&G Department 25.91
Postage,Telephone,e-mail 144.46
Transportation & Labour ( Admin ) 404.07
Bank Charges ( Admin ) 36.48
Exchange A/C (322.94)
Travelling Expense 2,182.41
Licence & Tax 10.00
Staff Activity ( Admin ) 59.56
Staff S S B 267.56
Present & Donation ( Admin ) 244.44
Rental -Office 370.37
Medical Expenses ( Admin ) 9.48
Miscellaneous ( Admin ) 115.56
Utential Diesel 298.00
EPC Bill for January'17 3,387.48
Lease Rental for January'17 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 27,018

Net Operating Profit 145,141

(145,141)
-
 780
275.565

3279.65
1642.61

19208.18

236,895
500 50
200 100
10
15
13
6
44
25000
20000
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 28 February'17
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M

(0.00)
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
71,275.00 52.80 -
71,275.00 52.80 -

- - -
JV -Current (USD) Coso Trail
52.80 - 52.80
52.80 - 52.80

- (0.00)
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 January'17

Opening
14122 100 BS Staff Canteen Expenses 0.00
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1671.1037037 11.11 443.86 2,103.86 2,114.97 2,114.97
2928.0955795 - 2,928.10 -
3131.1355556 - 3,131.14 -
585.18518519 - 585.19 -
155.55555556 - 155.56 -
5819.737037 - 5,819.74 -
570.37037037 - 570.37 -
1078.9725926 - 1,078.97 -
 (0.00)
2,928.10
3,131.14
585.19
155.56
5,819.74
570.37
1,078.97
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 28th February'17

Inle YGN
11012 100 BS Cash in Hand 179217.57 46632.53
13023 100 BS A/R Guest Ledger -Inle -6645.84 24601.40
13024 100 BS City Ledger ( Agoda ) 28578.02
13024 100 BS City Ledger ( HO ) 2581882.37 -2581882.37
13024 100 BS City Ledger ( Tauck ) 17605.16
13027 100 BS Construction- pool 23779.10
13027 100 BS Construction ( Laundry ) -6934.50
13027 100 BS Construction- New Bar -7493.16
13027 100 BS Construction: Second Phase 21727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix

asset ) 662.73
13032 100 BS Current HO Purchasing -366489.10 366271.01
13032 100 BS Current HO Payable - Outstanding -8373.57
14011 100 BS Inventory-Food(Store) 3733.36
14012 100 BS Inventory-Beverage(Store) 16348.91
14013 100 BS Inventory Cleaning Supply Store 2217.38
14013 100 BS Inventory - Cleaning Supplies 280.01
14014 100 BS Inventory-Guest Supplies ( Store ) 2007.91
14014 100 BS Inventory-Printing Supplies ( Store ) 3941.06
14015 100 BS Inventory - Massage Oil 34.16
14016 100 BS Inventory - Souvier 63.85
14019 100 BS Inventory-Diesel & Petrol ( Store ) 158.16
14019 100 BS Inventory Diesel,Petrol ( Generator ) 117.24
14020 100 BS Inventory-Gas 213.33
14021 100 BS Inventory - H.K'Guest Supplies 551.75
14023 100 BS Inventory Other Supply Store 3672.44
14024 100 BS Inventory - Mini Bar ( Food ) 35.57
14024 100 BS Inventory - Mini Bar ( Bev ) 252.33
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 4177.30
14126 100 BS Operation - Beverage ( Bar ) 1790.86
15012 100 BS Prepaid 14825.03 11402.36
15115 100 BS AR Collection - Deposit -66082.96
16014 100 BS Staff Advance 6762.23 29361.60
16014 100 BS Advance ( WA MIN ) 2000.00
16015 100 BS Refund 7004.00
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -688356.76 688356.76
17098 100 BS F Asset F&B 13994.71 1363.64
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 21178.00 382.69
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) 21666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 75870.18 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -12400.00
18011 200 BS Account Payable -Services Money -21094.11
18011 200 BS Account Payable -Commerical Tax -95227.25
18011 200 BS Account Payable - Columbus 118461.54 1261266.00
18011 200 BS Accrued Payable Hotel (Trade ) -15480.73

19014 200 BS Accrued Electricity -7978.40

19014 200 BS Account Payable - Office Rental (HO) -9170.06
21102 200 BS Tip for Staff -380.04
29999 200 BS Retain Earning -1846029.42 258230.62

30101 1000 PL Room Revenue -132173.06

50101 1000 PL Salary & Wages ( HK ) 2928.10
50102 1000 PL Staff Related Expenses 803.73
60101 1000 PL China,Glass & Silverware ( HK ) 39.26
60102 1000 PL Cleaning Supplies 228.80
60103 1000 PL Guest Supply 790.60
60107 1000 PL PS for HK 145.89
60202 1000 PL Laundry 423.64
60204 1000 PL Uniform for Room Dept 124.83
60250 1000 PL Flowers & Decoration ( HK ) 66.81
60301 1000 PL Postage,Telephone, e-mail 218.66
60303 1000 PL Transportation & Labour ( HK ) 94.35
60410 1000 PL Complimentory Food & Beverage 737.12
60415 1000 PL Pest Control 11.60
61021 1000 PL Landscaping ( HK ) 113.35
62011 1000 PL Room Commission Fee ( for Feb'17 ) 635.25
62011 1000 PL Commision Fee 190.99
62013 1000 PL Operation Utensils ( HK ) 22.22
69999 1000 PL Miscellaneous 280.00
31011 2000 PL Food Revenue -34424.60
32011 2000 PL Beverage Revenue -13522.79
41011 2000 PL Food Cost 8977.45
42011 2000 PL Beverage Cost 3018.15
50101 2000 PL Salary & Wages ( F&B ) 3131.14
50102 2000 PL Staff Related Expenses 520.06
60101 2000 PL Chinese Waer 821.67
60102 2000 PL Cleaning Supply 45.85
60103 2000 PL Guest Supply 44.09
60107 2000 PL PS for F&B 8.80
60202 2000 PL Laundry 23.24
60204 2000 PL Uniform for F&B Department 33.42
60250 2000 PL Flowers & Decoration ( F&B ) 355.56
60301 2000 PL Postage,Telephone, e-mail 208.66
60303 2000 PL Transportation & Labour ( F&B ) 103.33
60415 2000 PL Utential GAS Cost 320.00
69999 2000 PL Miscellaneous 421.59
30101 3100 PL Revenue - Phone -6.09
30101 3200 PL Revenue - SPA -5686.09
50101 3200 PL Salary & Wages ( Spa ) 585.19
50102 3200 PL Staff Related Expenses 118.18
69999 3200 PL Uniform for Spa 3.89
30102 3300 PL Revenue - Others -5851.58
30102 3300 PL Other -Commerical & Services Money -28338.26
30104 3300 PL Revenue - Transportation -1200.87
40101 3300 PL Cost Of Minibar ( Food ) 120.07
40101 3300 PL Cost Of Minibar ( Beverage ) 363.66
64012 3300 PL Transport Expenses ( MOD ) 212.26
64015 3300 PL Other Expense 1558.21
64015 3300 PL Payable - Service Money for February'17 18892.18
64015 3300 PL Comersial Tax for February'17 9446.09
30101 3400 PL Revenue - Laundry -1630.00
40101 3400 PL Cost of Laundry 23.83
50101 3400 PL Salary & Wages ( Ldy ) 155.56
50102 3400 PL Staff Related Expenses 47.28
50101 4000 PL Salary & Wages ( Admin ) 5819.74
50102 4000 PL Staff Related Exp 559.49 52.80
60107 4000 PL PS for Finance 57.97 14.26
60202 4000 PL Laundry 8.98
60202 4000 PL Data Processing - Admin 7.41
60204 4000 PL Uniform for A&G Department 27.30
60301 4000 PL Postage,Telephone, e-mail 111.41
60303 4000 PL Transportation & Labour ( Admin ) 37.04 295.70
60408 4000 PL Bank Charges ( Admin ) 43.19 20.00
60413 4000 PL Exchange A/C -597.93 -71.11
60414 4000 PL Travelling ( Admin ) 211.85
60416 4000 PL Licenses & Tax ( Admin ) 1720.20
60418 4000 PL Staff Activity ( Admin ) 297.29
60422 4000 PL Present & Donation 446.90
63011 4000 PL Rental -Office 370.37
63013 4000 PL Medical Expenses ( Admin ) 7.19
69999 4000 PL Miscellaneous 82.60 0.98
50101 5000 PL Salary & Wages ( S&M ) 570.37
50102 5000 PL Staff Related Exp - S&M 52.80
60201 5000 PL Printing & Stationery - S&M 3.89
60202 5000 PL Data Processing - S&M 7.41
60301 5000 PL Postage,Telephone, e-mail 28.37
60303 5000 PL Transportation - S&M 42.22
60407 5000 PL Entertainment,Gift & Donation - S & M 11.74
60414 5000 PL Travelling Expense 1,885.00
69999 5000 PL Miscellaneous Exp: S & M 0.98
50101 6000 PL Salary & Wages ( Eng ) 1078.97
50102 6000 PL Staff Related Expenses 189.11
60107 6000 PL PS for Eng 3.78
60108 6000 PL Engineering Supplies 838.90
60204 6000 PL Uniform for M&E 12.11
60301 6000 PL Postage,Telephone, e-mail 104.33
60306 6000 PL Maintenance Vehical 71.85
61011 6000 PL Maintenance Building 6181.87
61018 6000 PL Maintenance Water Supply 44.37
61021 6000 PL Landscaping 1695.03
61023 6000 PL Light & Bulb 398.52
69999 6000 PL OS for M&E 0.59
65012 7000 PL Utential Diesel 117.04
65013 7000 PL EPC Bill for February'17 3094.15
70102 8000 PL Lease Rental for February'17 400.00
80105 9000 PL Reallocation - SPA 40.98

0.00 (0.00)
Total
225850.10
17955.56
28578.02
0.00
17605.16 64138.74
23779.10
-6934.50
-7493.16
21727.27

662.73 31741.44
-218.09
-8373.57 -8591.66
3733.36
16348.91
2217.38
280.01
2007.91
3941.06
34.16
63.85
158.16
117.24
213.33
551.75
3672.44
35.57
252.33
0.00
4177.30
1790.86 39595.64
26227.38
-66082.96
36123.84
2000.00 38123.84
7004.00
-67600.66
0.00
15358.35
12962.56
17454.54
21560.69
22910.08
21666.67
1082.40
8800.00
701.43
79281.38
7685.00
8953.63
 -12400.00
-21094.11
-95227.25
1379727.54
-15480.73

-7978.40
-9170.06
-380.04
-1587798.79
139020.73

-132173.06
2928.10
803.73
39.26
228.80
790.60
145.89
423.64
124.83
66.81
218.66
94.35
737.12 1220.85
11.60
113.35
635.25
190.99
22.22 302.22
280.00
-34424.60
-13522.79
8977.45
3018.15
3131.14
520.06
821.67
45.85
44.09
8.80
23.24
33.42
355.56
208.66
103.33
320.00
421.59
-6.09
-5686.09
585.19
118.18
3.89
 -5851.58
-28338.26
-1200.87
120.07
363.66
212.26
1558.21
18892.18
9446.09
-1630.00
23.83
155.56
47.28
5819.74
612.29
72.23
8.98
7.41
27.30
111.41
332.74
63.19
-669.04
211.85
1720.20
297.29
446.90
370.37
7.19
83.58
570.37
52.80
3.89
7.41
28.37
42.22
11.74
1885.00
0.98
1078.97
189.11
3.78
838.90
12.11
104.33
71.85
6181.87
44.37
1695.03
398.52
0.59
117.04
3094.15
400.00
40.98
0.00 -139020.74
(0.00) 0.00
12000
48000 35.5555556
 Villa Inle Resort & Spa
Balance Sheet as at February 28 , 2017

USD

1.0 ASSETS
F Asset ( Brick Fance ) 12,963
Fix Asset - Furniture & Fitting 21,561
F Asset ( HK ) 22,910
F Asset ( F&B ) 15,358
Fix Asset ( Vehical ) 21,667
Fix Asset ( Other ) 19,537
Fix Asset ( Building ) 79,281
Fix Asset ( Data Processing ) 7,685
F Asset Land & Building 17,455
Construction in Progress 31,741

FIXED ASSETS AND INTANGIBLES 250,158

2.0 CURRENT ASSETS

2.1 Accounts Receivable 64,139
2.2 Prepayments 26,227
2.3 Advances (Staff) 38,124
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 39,596
2.7 Cash in Hand 225,850
2.8 Cash at Bank

TOTAL CURRENT ASSETS 393,936

TOTAL ASSETS 644,093.85
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (15,481)
Accounts Payable - Construction
Accounts Payable - Trade columbus 1,379,728
Accounts Payable - Current Ho (8,592)
Accounts Payable - Services Money (21,094)
Accounts Payable - Commerical Tax (95,227)
Accounts Payable - Land Lease (12,400)
Accounts Payable -HO (Office) (9,170)
4.3 Accrued Expenses (7,978)
4.4 Provisions
4.5 Deposit Received (66082.96)
4.6 Other Payable 6,624

TOTAL CURRENT LIABILITIES 1,082,726

NET ASSETS 1,726,820
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 1,587,799
Retained Earnings /(Loss) 139,021
SHAREHOLDERS' INTEREST 1,726,820

(0.00)
 12,963
20,534
22,910
15,358
21,667
16,568
79,430 107,029,856.60
7,685
17,455
35,872

166041 250,440

65,519
31,818
38,494

41,828
188,527

366,186
616,626.12
-

(67,601)
(21,752)

1,320,857
(10,668)
(22,489)
(85,781)
(12,000)
(8,800)
(8,272)

(118645.96)
6,324

971,173
1,587,799

1,442,657
145,141
1,587,799

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 28 February 2017

Revenue
Room Revenue 132,173.06
Mini Bar Revenue
Food & Beverage 47,947.39
Other Operation Department
Phone 6.09
SPA 5,686.09
Other 5,851.58
Transportation 1,200.87
Laundry 1,630.00
Other -Commerical & Services Money 28338.26

Total Revenue

Cost of Sale
Room Expenses
Salary & Wages ( HK ) 2928.10
Staff Related Expenses 803.73
China,Glass & Silverware ( HK ) 39.26
Cleaning Supplies 228.80
Guest Supply 790.60
PS for HK 145.89
Laundry 423.64
Uniform for Room Dept 124.83
Flowers & Decoration ( HK ) 66.81
Postage,Telephone, e-mail 218.66
Transportation & Labour ( HK ) 94.35
Complimentory Food & Beverage 737.12
Pest Control 11.60
Landscaping ( HK ) 113.35
Room Commission Fee ( for Feb'17 ) 635.25
Commision Fee 190.99
Operation Utensils ( HK ) 22.22
Miscellaneous 280.00

Mini Bar Expenses

Mini Bar Cost 483.73

Food & Beverage Expenses

Food Cost 8,977.45
Beverage Cost 3,018.15
Salary & Wages ( F&B ) 3,131.14
Staff Related Expenses 520.06
Chinese Waer 821.67
Cleaning Supply 45.85
Guest Supply 44.09
 PS for F&B 8.80
Laundry 23.24
Uniform for F&B Department 33.42
Flowers & Decoration ( F&B ) 355.56
Postage,Telephone, e-mail 208.66
Transportation & Labour ( F&B ) 103.33
Utential GAS Cost 320.00
Miscellaneous 421.59

Other Operation Department

Salary & Wages ( Spa ) 585.19
Staff Related Expenses 118.18
Uniform for Spa 3.89
Transport Expenses ( MOD ) 212.26
Other Expense 1,558.21
Cost of Laundry 23.83
Salary & Wages ( Ldy ) 155.56
Staff Related Expenses 47.28
Reallocation - SPA 40.98

Tax & Services Money

Other -Commerical Tax 9,446.09
Other -Services Money 18,892.18

Total Cost of Sale

Gross Operating Profit

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing
Salary & Wages ( S&M ) 570.37
Staff Related Exp - S&M 52.80
Printing & Stationery - S&M 3.89
Data Processing - S&M 7.41
Postage,Telephone, e-mail 28.37
Transportation - S&M 42.22
Entertainment,Gift & Donation - S & M 11.74
Travelling Expense 1885.00
Miscellaneous Exp: S & M 0.98

Maintance Expenses
Salary & Wages ( Eng ) 1078.97
Staff Related Expenses 189.11
PS for Eng 3.78
Engineering Supplies 838.90
Uniform for M&E 12.11
Postage,Telephone, e-mail 104.33
Maintenance Vehical 71.85
Maintenance Building 6181.87
Maintenance Water Supply 44.37
Landscaping 1695.03
Light & Bulb 398.52
OS for M&E 0.59
 Admin & General Expenses
Salary & Wages ( Admin ) 5,819.74
Staff Related Exp 612.29
PS for Finance 72.23
Laundry 8.98
Data Processing - Admin 7.41
Uniform for A&G Department 27.30
Postage,Telephone, e-mail 111.41
Transportation & Labour ( Admin ) 332.74
Bank Charges ( Admin ) 63.19
Exchange A/C (669.04)
Travelling ( Admin ) 211.85
Licenses & Tax ( Admin ) 1,720.20
Staff Activity ( Admin ) 297.29
Present & Donation 446.90
Rental -Office 370.37
Medical Expenses ( Admin ) 7.19
Miscellaneous 83.58
Utential Diesel 117.04
EPC Bill for February'17 3,094.15
Lease Rental for February'17 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses

Net Operating Profit

Amount (USD)
222,833

3279.65
1642.61

19208.18

222,833 222,933

7,855

484

18,033
 2,745

28,338

57,456

165,378

2,603

10,619
 13,135

26,357

139,021

(139,021)
-
 10
15
13
6
780 44
275.565
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 March'17
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M

0.00
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
74,850.00 55.44 -
70,850.00 52.48 -

- - -
JV -Current (USD) Coso Trail
55.44 - 55.44
52.48 - 52.48

- 0.00
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 March'17

Opening
14122 100 BS Staff Canteen Expenses 0.002287749289
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1448.1037037 446.69 1,894.79 1,894.79 1,894.79
3146.0866667 - 3,146.09 -
2944.0214815 - 2,944.02 -
585.18518519 - 585.19 -
155.55555556 - 155.56 -
5885.9259259 - 5,885.93 -
570.37037037 - 570.37 -
1088.8888889 - 1,088.89 -
 0.00
3,146.09
2,944.02
585.19
155.56
5,885.93
570.37
1,088.89
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 28th February'17

Inle YGN
11012 100 BS Cash in Hand 168364.67 68813.18
13023 100 BS A/R Guest Ledger -Inle -17013.24 19823.20
13024 100 BS City Ledger ( Agoda ) 13326.57
13024 100 BS City Ledger ( HO ) 2668303.17 -2668303.17
13024 100 BS City Ledger ( Tauck ) 17605.16
13027 100 BS Construction- pool 20903.60 662.73
13027 100 BS Construction ( Laundry ) -7537.50
13027 100 BS Construction- New Bar -8144.74
13027 100 BS Construction: Second Phase 21727.27
13032 100 BS Current HO Purchasing -372731.76 372513.67
13032 100 BS Current HO Payable - Outstanding -6244.30
14011 100 BS Inventory-Food(Store) 3642.40
14012 100 BS Inventory-Beverage(Store) 15851.63
14013 100 BS Inventory Cleaning Supply Store 2038.14
14013 100 BS Inventory - Cleaning Supplies 433.88
14014 100 BS Inventory-Guest Supplies ( Store ) 2209.43
14014 100 BS Inventory-Printing Supplies ( Store ) 3848.63
14015 100 BS Inventory - Massage Oil 111.56
14016 100 BS Inventory - Souvier 49.93
14019 100 BS Inventory-Diesel & Petrol ( Store ) 27.57
14019 100 BS Inventory Diesel,Petrol ( Generator ) 236.76
14020 100 BS Inventory-Gas 267.16
14021 100 BS Inventory - H.K'Guest Supplies 573.07
14023 100 BS Inventory Other Supply Store 3710.84
14024 100 BS Inventory - Mini Bar ( Food ) 32.61
14024 100 BS Inventory - Mini Bar ( Bev ) 186.31
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 3644.42
14126 100 BS Operation - Beverage ( Bar ) 2429.18
15012 100 BS Prepaid 9333.08 11402.36
15115 100 BS AR Collection - Deposit -42668.96
16014 100 BS Staff Advance 6612.98 31361.60
16015 100 BS Refund 7524.00
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -701244.76 701244.76
17098 100 BS F Asset F&B 13994.71 1363.64
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 21178.00 382.69
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) 21666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 75870.18 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -12800.00
18011 200 BS Account Payable -Services Money -11049.97
18011 200 BS Account Payable -Commerical Tax -84935.64
18011 200 BS Account Payable - Columbus 118461.54 1284273.00
18011 200 BS Accrued Payable Hotel (Trade ) -16192.71
19014 200 BS Accrued Electricity -7318.40
19014 200 BS Account Payable - Office Rental (HO) -9540.43
21102 200 BS Tip for Staff -430.04
29999 200 BS Retain Earning -1985489.23 258669.70

30101 1000 PL Room Revenue -58649.66

50101 1000 PL Salary & Wages ( HK ) 3146.09
50102 1000 PL Staff Related Expenses 753.35
60102 1000 PL Cleaning Supplies 117.63
60103 1000 PL Guest Supply 388.53
60107 1000 PL PS for HK 109.77
60202 1000 PL Laundry 186.88
60204 1000 PL Uniform for Room Dept 72.24
60301 1000 PL Postage,Telephone, e-mail 211.55
60303 1000 PL Transportation & Labour ( HK ) 103.33
60410 1000 PL Complimentory Food & Beverage 969.30
60415 1000 PL Pest Control 11.61
61021 1000 PL Landscaping ( HK ) 53.41
62011 1000 PL Room Commission Fee ( for March'17 ) 420.75
62011 1000 PL Commision Fee 63.67
69999 1000 PL Miscellaneous ( HK ) 347.38
31011 2000 PL Food Revenue -18116.22
32011 2000 PL Beverage Revenue -7849.73
41011 2000 PL Food Cost 5956.96
42011 2000 PL Beverage Cost 1769.21
50101 2000 PL Salary & Wages ( F&B ) 2944.02
50102 2000 PL Staff Related Expenses 456.58
60102 2000 PL Cleaning Supply 35.93
60103 2000 PL Guest Supply 38.96
60107 2000 PL PS for F&B 20.98
60202 2000 PL Laundry 7.36
60204 2000 PL Uniform for F&B Department 33.42
60301 2000 PL Postage,Telephone, e-mail 198.00
60303 2000 PL Transportation & Labour ( F&B ) 65.56
60415 2000 PL Utential GAS Cost 266.17
69999 2000 PL Miscelleneous 173.36
30101 3100 PL Revenue - Phone -6.09
30101 3200 PL Revenue - SPA -2665.65
50101 3200 PL Salary & Wages ( Spa ) 585.19
50102 3200 PL Staff Related Expenses 114.14
69999 3200 PL Miscellaneous ( Spa ) 5.41
30102 3300 PL Revenue - Others -1554.03
30102 3300 PL Other -Commerical & Services Money -13271.78
30104 3300 PL Revenue - Transportation -419.14
40101 3300 PL Cost Of Minibar ( Food ) 46.66
40101 3300 PL Cost Of Minibar ( Beverage ) 164.54
64012 3300 PL Transport Expenses 28.09
64015 3300 PL Other Expense ( MOD ) 504.60
64015 3300 PL Payable - Service Money for March'17 8847.86
64015 3300 PL Comersial Tax for March'17 4423.93
64015 3300 PL Cost Of Souvenier 81.92
30101 3400 PL Revenue - Laundry -772.17
40101 3400 PL Cost of Laundry 11.47
50101 3400 PL Salary & Wages ( Ldy ) 155.56
50102 3400 PL Staff Related Expenses 45.66
50101 4000 PL Salary & Wages ( Admin ) 5885.93
50102 4000 PL Staff Related Expenses 387.72 55.44
60201 4000 PL Printing Supplies ( Admin ) 45.39 8.24
60202 4000 PL Laundry 4.99
60202 4000 PL Data Processing - Admin 7.41
60204 4000 PL Uniform for A&G Department 27.30
60301 4000 PL Postage,Telephone, e-mail 100.77
60303 4000 PL Transportation & Labour ( Admin ) 34.81 202.37
60413 4000 PL Exchange A/C -144.44 -55.56
60414 4000 PL Travelling ( Admin ) 64.07
60416 4000 PL Licenses & Tax ( Admin ) 4756.22
60416 4000 PL Rental Charges for Land Tax (2015-2016) 419.91
60418 4000 PL Staff Activity ( Admin ) 323.65
60418 4000 PL Trainning Fee Sustainable Tourism 40.74
60422 4000 PL Present & Donation ( Admin ) 1254.00
63011 4000 PL Rental -Office 370.37
63013 4000 PL Medical Expenses ( Admin ) 8.63
69999 4000 PL Miscellaneous 2.87
50101 5000 PL Salary & Wages ( S&M ) 570.37
50102 5000 PL Staff Related Exp - S&M 52.48
60107 5000 PL Printing & Stationery - S&M 14.17
60202 5000 PL Data Processing - S&M 7.41
60303 5000 PL Transportation - S&M 22.59
60407 5000 PL Advertising 109.00
60407 5000 PL Entertainment Charges 42.22
60414 5000 PL Travelling Expense 1885.00
50101 6000 PL Salary & Wages ( Eng ) 1088.89
50102 6000 PL Staff Related Expenses 159.80
60108 6000 PL Engineering Supplies 725.59
60201 6000 PL Printing & Stationery 0.13
60204 6000 PL Uniform for M&E 12.11
60301 6000 PL Postage,Telephone,e-mail 97.22
60306 6000 PL Motor Vehicle Expenses 102.22
61011 6000 PL Maintenance Building 6181.87
61018 6000 PL Maintenance WaterSupply 98.15
61021 6000 PL Landscaping 1695.03
 61022 6000 PL Pool 211.11
61023 6000 PL Light Bulb 4.44
69999 6000 PL Miscellaneous ( Eng ) 29.74
65012 7000 PL Utential Diesel 194.48
65013 7000 PL EPC Bill for March'17 2434.15
70102 8000 PL Lease Rental for March'17 400.00
80105 9000 PL Reallocation - SPA 37.48

0.00 0.00
Total
237177.85
2809.96 33741.69
13326.57
0.00
17605.16
21566.32
-7537.50
-8144.74
21727.27 27611.36
-218.09
-6244.30 -6462.39
3642.40
15851.63
2038.14
433.88
2209.43
3848.63
111.56
49.93
27.57
236.76
267.16
573.07
3710.84
32.61
186.31
0.00
3644.42
2429.18 39293.53
20735.44
-42668.96
37974.58
7524.00
-67600.66
0.00
15358.35
12962.56
17454.54
21560.69
22910.08
21666.67
1082.40
8800.00
701.43
79281.38
7685.00
 8953.63
-12800.00
-11049.97
-84935.64
1402734.54
-16192.71
-7318.40
-9540.43
-430.04
-1726819.52
39390.97

-58649.66 468900
3146.09

753.35
117.63
388.53
109.77
186.88
72.24
211.55
103.33
969.30
11.61
53.41
420.75
63.67
347.38
-18116.22
-7849.73
5956.96
1769.21
2944.02

456.58
35.93
38.96
20.98
7.36
33.42
198.00
65.56
266.17
173.36
-6.09
-2665.65
585.19

114.14
5.41
-1554.03
-13271.78
-419.14
46.66
164.54
28.09
504.60
8847.86
4423.93
81.92
-772.17
11.47
155.56

45.66
5885.93

443.16
53.63
4.99
7.41
27.30
100.77
237.19
-200.00
64.07
4756.22
419.91
323.65
40.74
1254.00
370.37
8.63
2.87
570.37
52.48
14.17
7.41
22.59
109.00
42.22
1885.00
1088.89

159.80
725.59
0.13
12.11
97.22
102.22
6181.87
98.15
1695.03
 211.11
4.44
29.74
194.48
2434.15
400.00
37.48
0.00 -39390.96
0.00 0.00
 Villa Inle Resort & Spa
Balance Sheet as at March 31 , 2017

USD

1.0 ASSETS
F Asset ( Brick Fance ) 12,963
Fix Asset - Furniture & Fitting 21,561
F Asset ( HK ) 22,910
F Asset ( F&B ) 15,358
Fix Asset ( Vehical ) 21,667
Fix Asset ( Other ) 19,537
Fix Asset ( Building ) 79,281
Fix Asset ( Data Processing ) 7,685
F Asset Land & Building 17,455
Construction in Progress 27,611

FIXED ASSETS AND INTANGIBLES 246,028

2.0 CURRENT ASSETS

2.1 Accounts Receivable 33,742
2.2 Prepayments 20,735
2.3 Advances (Staff) 37,975
2.4 Current Account ( HO ) (6,462)
2.5 Other Receivable
2.6 Inventories at Cost 39,294
2.7 Cash in Hand 237,178
2.8 Cash at Bank

TOTAL CURRENT ASSETS 362,461

TOTAL ASSETS 608,488.77
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (16,193)
Accounts Payable - Construction
Accounts Payable - Trade columbus 1,402,735
Accounts Payable - Current Ho
Accounts Payable - Services Money (11,050)
Accounts Payable - Commerical Tax (84,936)
Accounts Payable - Land Lease (12,800)
Accounts Payable -HO (Office) (9,540)
4.3 Accrued Expenses (7,318)
4.4 Provisions
4.5 Deposit Received (42668.96)
4.6 Other Payable 7,094

TOTAL CURRENT LIABILITIES 1,157,722

NET ASSETS 1,766,210
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 1,726,820
Retained Earnings /(Loss) 39,391

SHAREHOLDERS' INTEREST 1,766,210

(0.00)
 107,029,856.60

166041
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 March 2017
Amount (USD)
Revenue 103,304
Room Revenue 58,649.66
Mini Bar Revenue
Food & Beverage 25,965.95
Other Operation Department
Phone 6.09
SPA 2,665.65
Other 1,554.03
Transportation 419.14
Laundry 772.17
Other -Commerical & Services Money 13271.78

Total Revenue 103,304

Cost of Sale
Room Expenses 6,955
Salary & Wages ( HK ) 3146.09
Staff Related Expenses 753.35
Cleaning Supplies 117.63
Guest Supply 388.53
PS for HK 109.77
Laundry 186.88
Uniform for Room Dept 72.24
Postage,Telephone, e-mail 211.55
Transportation & Labour ( HK ) 103.33
Complimentory Food & Beverage 969.30
Pest Control 11.61
Landscaping ( HK ) 53.41
Room Commission Fee ( for March'17 ) 420.75
Commision Fee 63.67
Miscellaneous ( HK ) 347.38

Mini Bar Expenses 211

Mini Bar Cost 211.20

Food & Beverage Expenses 11,967

Food Cost 5,956.96
Beverage Cost 1,769.21
Salary & Wages ( F&B ) 2,944.02
Staff Related Expenses 456.58
Cleaning Supply 35.93
Guest Supply 38.96
PS for F&B 20.98
 Laundry 7.36
Uniform for F&B Department 33.42
Postage,Telephone, e-mail 198.00
Transportation & Labour ( F&B ) 65.56
Utential GAS Cost 266.17
Miscelleneous 173.36

Other Operation Department 1,570

Salary & Wages ( Spa ) 585.19
Staff Related Expenses 114.14
Miscellaneous ( Spa ) 5.41
Transport Expenses 28.09
Other Expense ( MOD ) 504.60
Cost Of Souvenier 81.92
Cost of Laundry 11.47
Salary & Wages ( Ldy ) 155.56
Staff Related Expenses 45.66
Reallocation - SPA 37.48

Tax & Services Money 13,272

Other -Commerical Tax 4,423.93
Other -Services Money 8,847.86

Total Cost of Sale 33,975

Gross Operating Profit 69,330

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 2,703
Salary & Wages ( S&M ) 570.37
Staff Related Exp - S&M 52.48
Printing & Stationery - S&M 14.17
Data Processing - S&M 7.41
Transportation - S&M 22.59
Advertising 109.00
Entertainment Charges 42.22
Travelling Expense 1885.00

Maintance Expenses 10,406

Salary & Wages ( Eng ) 1088.89
Staff Related Expenses 159.80
Engineering Supplies 725.59
Printing & Stationery 0.13
Uniform for M&E 12.11
Postage,Telephone,e-mail 97.22
Motor Vehicle Expenses 102.22
Maintenance Building 6181.87
Maintenance WaterSupply 98.15
Landscaping 1695.03
Pool 211.11
 Light Bulb 4.44
Miscellaneous ( Eng ) 29.74

Admin & General Expenses 16,829

Salary & Wages ( Admin ) 5,885.93
Staff Related Expenses 443.16
Printing Supplies ( Admin ) 53.63
Laundry 4.99
Data Processing - Admin 7.41
Uniform for A&G Department 27.30
Postage,Telephone, e-mail 100.77
Transportation & Labour ( Admin ) 237.19
Exchange A/C (200.00)
Travelling ( Admin ) 64.07
Licenses & Tax ( Admin ) 4,756.22
Rental Charges for Land Tax (2015-2016) 419.91
Staff Activity ( Admin ) 323.65
Trainning Fee Sustainable Tourism 40.74
Present & Donation ( Admin ) 1,254.00
Rental -Office 370.37
Medical Expenses ( Admin ) 8.63
Miscellaneous 2.87
Utential Diesel 194.48
EPC Bill for March'17 2,434.15
Lease Rental for March'17 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 29,939

Net Operating Profit 39,391

(39,391)
-
 780
275.565

3279.65
1642.61

19208.18

103,404
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 30 April'17
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M

(0.00)
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
18,500.00 13.70 -

18,500.00 13.70 -

- - -
JV -Current (USD) Coso Trail
13.70 - 13.70

13.70 - 13.70

- (0.00)
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 April'17

Opening
14122 100 BS Staff Canteen Expenses 0.002527065526
50101 1000 PL Salary & Wages ( HK )

50101 2000 PL Salary & Wages ( F&B )

50101 3200 PL Salary & Wages ( Spa )

50101 3400 PL Salary & Wages ( Ldy )

50101 4000 PL Salary & Wages ( Admin )

50101 5000 PL Salary & Wages ( S&M )

50101 6000 PL Salary & Wages ( Eng )

 USD JV Coso
1346.5185185 587.59 1,934.11 1,934.11 1,934.11
4923.2644444 - 4,923.26 -

4369.9748148 - 4,369.97 -

1175 - 1,175.00 -

261.27851852 - 261.28 -

11414.114074 - 11,414.11 -

865.74074074 - 865.74 -

2081.0259259 - 2,081.03 -
 (0.00)
4,923.26

4,369.97

1,175.00

261.28

11,414.11

865.74

2,081.03
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 30th April'17

Inle YGN
11012 100 BS Cash in Hand 148659.31 54369.65
13023 100 BS A/R Guest Ledger -Inle -16289.21 41827.34
13024 100 BS City Ledger ( Agoda ) 14094.32
13024 100 BS City Ledger ( HO ) 2702754.31 -2702754.31
13024 100 BS City Ledger ( Tauck ) 17605.16
13027 100 BS Construction- pool 18028.10 662.73
13027 100 BS Construction ( Laundry ) -8140.50
13027 100 BS Construction- New Bar -8796.32
13027 100 BS Construction: Second Phase 21727.27
13032 100 BS Current HO Purchasing -376677.77 376459.69
13032 100 BS Current HO Payable - Outstanding -4656.16
14011 100 BS Inventory-Food(Store) 3460.62
14012 100 BS Inventory-Beverage(Store) 15522.43
14013 100 BS Inventory Cleaning Supply Store 1790.65
14013 100 BS Inventory - Cleaning Supplies 313.89
14014 100 BS Inventory-Guest Supplies ( Store ) 1978.61
14014 100 BS Inventory-Printing Supplies ( Store ) 3815.28
14015 100 BS Inventory - Massage Oil 86.98
14016 100 BS Inventory - Souvier 49.93
14019 100 BS Inventory-Diesel & Petrol ( Store ) 63.07
14019 100 BS Inventory Diesel,Petrol ( Generator ) 235.42
14020 100 BS Inventory-Gas 186.67
14021 100 BS Inventory - H.K'Guest Supplies 560.39
14023 100 BS Inventory Other Supply Store 3693.26
14024 100 BS Inventory - Mini Bar ( Food ) 32.61
14024 100 BS Inventory - Mini Bar ( Bev ) 106.77
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 3742.83
14126 100 BS Operation - Beverage ( Bar ) 1830.09
15012 100 BS Prepaid 6920.69 11402.36
15115 100 BS AR Collection - Deposit -47096.96
16014 100 BS Staff Advance 6912.98 31361.60
16015 100 BS Refund 8164.00
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -701244.76 701244.76
17098 100 BS F Asset F&B 13994.71 1363.64
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 21178.00 382.69
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) 21666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 75870.18 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -13200.00
18011 200 BS Account Payable -Services Money -7628.34
18011 200 BS Account Payable -Commerical Tax -87648.33
18011 200 BS Account Payable - Columbus 118461.54 1309273.00
18011 200 BS Accrued Payable Hotel (Trade ) -15526.55
19014 200 BS Accrued Electricity -7709.51
19014 200 BS Account Payable - Office Rental (HO) -9910.80
21102 200 BS Tip for Staff -475.32
29999 200 BS Retain Earning -2025697.62 259487.13

30101 1000 PL Room Revenue -30706.95

50101 1000 PL Salary & Wages ( HK ) 4923.26
50102 1000 PL Staff Related Expenses 768.98
60102 1000 PL Cleaning Supplies ( HK ) 150.38
60103 1000 PL Guest Supply 414.18
60107 1000 PL PS for HK 32.69
60202 1000 PL Laundry 183.45
60204 1000 PL Uniform for Room Dept 4.16
60301 1000 PL Postage,Telephone, e-mail 44.19
60303 1000 PL Transportation & Labour (HK) 83.33
60410 1000 PL Complimentory Food & Beverage 1094.76
60415 1000 PL Pest Control 10.63
61021 1000 PL Landscaping ( HK ) 33.33
62011 1000 PL Room Commission Fee ( for April'17 ) 777.00
62011 1000 PL Commision Fee 63.68
69999 1000 PL Miscellaneous 73.33
31011 2000 PL Food Revenue -13844.85
32011 2000 PL Beverage Revenue -4863.34
41011 2000 PL Food Cost 3558.25
42011 2000 PL Beverage Cost 1667.41
50101 2000 PL Salary & Wages ( F&B ) 4369.97
50102 2000 PL Staff Related Expenses 466.05
60102 2000 PL Cleaning Supply 26.30
60103 2000 PL Guest Supply 34.78
60107 2000 PL PS for F&B 4.69
60202 2000 PL Laundry 7.36
60301 2000 PL Postage,Telephone,e-mail 27.11
60303 2000 PL Transportation & Labour ( F&B ) 56.67
60415 2000 PL Utential GAS Cost 240.49
69999 2000 PL Miscellaneous 204.30
30101 3200 PL Revenue - SPA -2711.30
50101 3200 PL Salary & Wages ( Spa ) 1175.00
50102 3200 PL Staff Related Expenses 116.51
30102 3300 PL Revenue - Others -1966.70
30102 3300 PL Other -Commerical & Services Money -8138.07
30104 3300 PL Revenue - Transportation -1491.65
40101 3300 PL Cost Of Minibar ( Food ) 62.22
40101 3300 PL Cost Of Minibar ( Beverage ) 238.28
64012 3300 PL Transport Expenses ( MOD ) 414.45
64015 3300 PL Other Expense ( MOD ) 613.03
64015 3300 PL Payable - Service Money for April'17 5425.37
64015 3300 PL Comersial Tax for April'17 2712.69
30101 3400 PL Revenue - Laundry -374.78
40101 3400 PL Cost of Laundry 4.24
50101 3400 PL Salary & Wages ( Ldy ) 261.28
50102 3400 PL Staff Related Expenses 46.61
40101 3600 PL Cost of Sale - Souvenir ( January'17 ) 76.00
50101 4000 PL Salary & Wages ( Admin ) 11414.11
50102 4000 PL Staff Related Exp 547.36 13.70
60107 4000 PL PS for Finance 35.71 2.22
60202 4000 PL Laundry 4.34
60202 4000 PL Data Processing - Admin 7.41
60204 4000 PL Uniform for A&G Department 4.16
60301 4000 PL Postage,Telephone,e-mail 17.11 11.11
60303 4000 PL Transportation & Labour ( Admin ) 29.63 138.81
60408 4000 PL Bank Charges ( Admin ) 35.26
60412 4000 PL Entertainment ( Admin ) 0.74
60413 4000 PL Exchange A/C -153.84 -74.07
60416 4000 PL Licenses & Tax ( Admin ) 507.31
60418 4000 PL Staff Activity ( Admin ) 61.89
60421 4000 PL Staff S S B 260.45
60422 4000 PL Present & Donation ( Admin ) 864.08
63011 4000 PL Rental -Office 370.37
63013 4000 PL Medical Expenses ( Admin ) 73.78
69999 4000 PL Miscellenous 2.14
50101 5000 PL Salary & Wages ( S&M ) 865.74
50102 5000 PL Staff Related Exp - S&M 13.70
60201 5000 PL Printing & Stationery - S&M 12.96
60202 5000 PL Data Processing - S&M 7.41
60301 5000 PL Phone & Fax - S&M 11.11
60407 5000 PL Advertising 145.92
60414 5000 PL Travelling Expense 1885.00
50101 6000 PL Salary & Wages ( Eng ) 2081.03
50102 6000 PL Staff Related Expenses 163.12
60107 6000 PL PS for Eng 0.10
60108 6000 PL Engineering Supplies 337.12
60109 6000 PL Tool 14.44
60301 6000 PL Postage,Telephone,e-mail 10.00
60306 6000 PL Motor Vehicle Expenses 65.19
61011 6000 PL Maintenance Building 5590.97
61018 6000 PL Maintenance WaterSupply 241.85
61022 6000 PL Swimming Pool 303.59
61023 6000 PL Light & Bulb 81.11
69999 6000 PL OS for M&E 0.67
65012 7000 PL Utential Diesel 118.38
65013 7000 PL EPC Bill for April'17 2825.26
70102 8000 PL Lease Rental for April'17 400.00
80105 9000 PL Reallocation - SPA 33.70
0.00 0.00
 Total
203028.96
25538.13
14094.32
0.00
17605.16 57237.61
18690.82
-8140.50
-8796.32
21727.27 23481.28
-218.09
-4656.16 -4874.25
3460.62
15522.43
1790.65
313.89
1978.61
3815.28
86.98
49.93
63.07
235.42
186.67
560.39
3693.26
32.61
106.77
0.00
3742.83
1830.09 37469.52
18323.05
-47096.96
38274.58
8164.00
-67600.66
0.00
15358.35
12962.56
17454.54
21560.69
22910.08
21666.67
1082.40
8800.00
701.43
79281.38
7685.00
 8953.63
-13200.00
-7628.34
-87648.33
1427734.54
-15526.55
-7709.51
-9910.80
-475.32
-1766210.49 4249.04

-30706.95
4923.26

768.98
150.38
414.18
32.69
183.45
4.16
44.19
83.33
1094.76
10.63
33.33
777.00
63.68
73.33
-13844.85
-4863.34
3558.25
1667.41
4369.97

466.05
26.30
34.78
4.69
7.36
27.11
56.67
240.49
204.30
-2711.30
1175.00

116.51
-1966.70
-8138.07
-1491.65
62.22
 238.28
414.45
613.03
5425.37
2712.69
-374.78
4.24
261.28

46.61
76.00
11414.11
561.06
37.93
4.34

7.41
4.16
28.22
168.44
35.26
0.74
-227.92
507.31
61.89
260.45
864.08
370.37
73.78
2.14
865.74

13.70

12.96

7.41

11.11
145.92
1885.00
2081.03

163.12
0.10
337.12
14.44
10.00
65.19
5590.97
241.85
303.59
81.11
0.67
118.38
2825.26
400.00
33.70 -4249.04
0.00
 Villa Inle Resort & Spa
Balance Sheet as at April 30 , 2017

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset ( Vehical )
Fix Asset ( Other )
Fix Asset ( Building )
Fix Asset ( Data Processing )
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable
TOTAL CURRENT LIABILITIES
NET ASSETS
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
esort & Spa
at April 30 , 2017

USD

12,963 12963
21,561 21561
22,910 22910
15,358 15358
21,667 21667
19,537 19537
79,281 79281 107,029,856.60
7,685 7685
17,455 17455
23,481 27611

241,898 246028 332,137,905.34

57,238 33742
18,323 20735
38,275 37975
(4,874) -6462.4

37,470 39294
203,029 237178

349,459 362461
591,357.46 608489
- 0

(67,601) -67601
(15,527) -16193

1,427,735 1E+06

(7,628) -11050
(87,648) -84936
(13,200) -12800
(9,911) -9540.4
(7,710) -7318.4

(47096.96) -42669
7,689 7093.96
1,179,102 1E+06
1,770,460 2E+06

1,766,210 2E+06
4,249 39391

1,770,460 2E+06

(0.00) -0.0018
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 April 2017
Amount (USD)
Revenue 64,098
Room Revenue 30,706.95
Mini Bar Revenue
Food & Beverage 18,708.19
Other Operation Department
Phone
SPA 2,711.30
Other 1,966.70
Transportation 1,491.65
Laundry 374.78
Other -Commerical & Services Money 8138.07

Total Revenue 64,098

Cost of Sale
Room Expenses 8,657
Salary & Wages ( HK ) 4923.26
Staff Related Expenses 768.98
Cleaning Supplies ( HK ) 150.38
Guest Supply 414.18
PS for HK 32.69
Laundry 183.45
Uniform for Room Dept 4.16
Postage,Telephone, e-mail 44.19
Transportation & Labour (HK) 83.33
Complimentory Food & Beverage 1094.76
Pest Control 10.63
Landscaping ( HK ) 33.33
Room Commission Fee ( for April'17 ) 777.00
Commision Fee 63.68
Miscellaneous 73.33

Mini Bar Expenses 301

Mini Bar Cost 300.50

Food & Beverage Expenses 10,663

Food Cost 3,558.25
Beverage Cost 1,667.41
Salary & Wages ( F&B ) 4,369.97
Staff Related Expenses 466.05
Cleaning Supply 26.30
Guest Supply 34.78
PS for F&B 4.69
 Laundry 7.36
Postage,Telephone,e-mail 27.11
Transportation & Labour ( F&B ) 56.67
Utential GAS Cost 240.49
Miscellaneous 204.30

Other Operation Department 2,741

Salary & Wages ( Spa ) 1,175.00
Staff Related Expenses 116.51
Reallocation - SPA 33.70
Transport Expenses ( MOD ) 414.45
Other Expense ( MOD ) 613.03
Cost of Laundry 4.24
Salary & Wages ( Ldy ) 261.28
Staff Related Expenses 46.61
Cost of Sale - Souvenir ( January'17 ) 76.00

Tax & Services Money 8,138

Other -Commerical Tax 2,712.69
Other -Services Money 5,425.37

Total Cost of Sale 30,500

Gross Operating Profit 33,598

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 2,942
Salary & Wages ( S&M ) 865.74
Staff Related Exp - S&M 13.70
Printing & Stationery - S&M 12.96
Data Processing - S&M 7.41
Phone & Fax - S&M 11.11
Advertising 145.92
Travelling Expense 1885.00

Maintance Expenses 8,889

Salary & Wages ( Eng ) 2081.03
Staff Related Expenses 163.12
PS for Eng 0.10
Engineering Supplies 337.12
Tool 14.44
Postage,Telephone,e-mail 10.00
Motor Vehicle Expenses 65.19
Maintenance Building 5590.97
Maintenance WaterSupply 241.85
Swimming Pool 303.59
Light & Bulb 81.11
OS for M&E 0.67
 Admin & General Expenses 17,517
Salary & Wages ( Admin ) 11,414.11
Staff Related Exp 561.06
PS for Finance 37.93
Laundry 4.34
Data Processing - Admin 7.41
Uniform for A&G Department 4.16
Postage,Telephone,e-mail 28.22
Transportation & Labour ( Admin ) 168.44
Bank Charges ( Admin ) 35.26
Entertainment ( Admin ) 0.74
Exchange A/C (227.92)
Licenses & Tax ( Admin ) 507.31
Staff Activity ( Admin ) 61.89
Staff S S B 260.45
Present & Donation ( Admin ) 864.08
Rental -Office 370.37
Medical Expenses ( Admin ) 73.78
Miscellenous 2.14
Utential Diesel 118.38
EPC Bill for April'17 2,825.26
Lease Rental for April'17 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 29,348

Net Operating Profit 4,249

(4,249)
-
 780
275.565

3279.65
1642.61

19208.18

64,198
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 May'17
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
51,200.00 37.93 -
51,200.00 37.93 -
JV -Current (USD) Coso Trail
37.93 - 37.93
37.93 - 37.93
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 May'17

Opening
14122 100 BS Staff Canteen Expenses 0.000806267807
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1230.1777778 457.73 1,687.91 1,687.91 1,687.91
3207.1891677 - 3,207.19 -
2935.6296296 - 2,935.63 -
598.51851852 - 598.52 -
168.88888889 - 168.89 -
5893.0864198 - 5,893.09 -
570.37037037 - 570.37 -
976.54320988 - 976.54 -
 0.00
3,207.19
2,935.63
598.52
168.89
5,893.09
570.37
976.54
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31st May'17

Inle YGN
11012 100 BS Cash in Hand 129653.37 56417.76
13023 100 BS A/R Guest Ledger -Inle -18734.23 39334.73
13024 100 BS City Ledger ( Agoda ) 14725.85
13024 100 BS City Ledger ( HO ) 2713052.70 -2713052.70
13024 100 BS City Ledger ( Tauck ) 17605.16
13027 100 BS Construction- pool 15152.60 662.73
13027 100 BS Construction ( Laundry ) -8743.50
13027 100 BS Construction- New Bar -9447.90
13027 100 BS Construction: Second Phase 21727.27
13032 100 BS Current HO Purchasing -379828.80 379610.71
13032 100 BS Current HO Payable - Outstanding -2869.18
14011 100 BS Inventory-Food(Store) 3191.57
14012 100 BS Inventory-Beverage(Store) 14941.66
14013 100 BS Inventory Cleaning Supply Store 1934.79
14013 100 BS Inventory - Cleaning Supplies 537.66
14014 100 BS Inventory-Guest Supplies ( Store ) 2033.25
14014 100 BS Inventory-Printing Supplies ( Store ) 4160.59
14015 100 BS Inventory - Massage Oil 85.58
14016 100 BS Inventory - Souvier 49.93
14019 100 BS Inventory-Diesel & Petrol ( Store ) 259.78
14019 100 BS Inventory Diesel,Petrol ( Generator ) 120.00
14020 100 BS Inventory-Gas 213.33
14021 100 BS Inventory - H.K'Guest Supplies 410.15
14023 100 BS Inventory Other Supply Store 3640.17
14024 100 BS Inventory - Mini Bar ( Food ) 18.54
14024 100 BS Inventory - Mini Bar ( Bev ) 46.35
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 3415.60
14126 100 BS Operation - Beverage ( Bar ) 2003.69
15012 100 BS Prepaid 7309.58 11402.36
15115 100 BS AR Collection - Deposit -47096.96
16014 100 BS Staff Advance 6912.98 31361.60
16015 100 BS Refund 8804.00
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -701244.76 701244.76
17098 100 BS F Asset F&B 13994.71 1363.64
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 21359.48 382.69
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) 21666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 75870.18 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -13600.00
18011 200 BS Account Payable -Services Money -4093.74
18011 200 BS Account Payable -Commerical Tax -88593.53
18011 200 BS Account Payable - Columbus 118461.54 1313345.00
18011 200 BS Accrued Payable Hotel (Trade ) -20205.21
19014 200 BS Accrued Electricity -6959.88
19014 200 BS Account Payable - Office Rental (HO) -10281.17
21102 200 BS Tip for Staff -475.32
29999 200 BS Retain Earning -2030091.03 259631.50

30101 1000 PL Room Revenue -10748.18

50101 1000 PL Salary & Wages ( HK ) 3207.19
50102 1000 PL Staff Related Expenses 679.28
60102 1000 PL Cleaning Supplies ( HK ) 77.91
60103 1000 PL Guest Supply 376.56
60107 1000 PL PS for HK 59.48
60202 1000 PL Laundry 96.56
60204 1000 PL Uniform for Room Dept 4.16
60301 1000 PL Postage,Telephone,e-mail 163.96
60303 1000 PL Transportation & Labour ( HK ) 116.67
60410 1000 PL Complimentory Food & Beverage 822.89
60415 1000 PL Pest Control 1.89
61021 1000 PL Landscaping ( HK ) 299.78
62011 1000 PL Room Commission Fee ( for May'17 ) 486.00
62011 1000 PL Commision Fee 63.67
69999 1000 PL Miscellaneous ( FO ) 45.56
31011 2000 PL Food Revenue -4252.93
32011 2000 PL Beverage Revenue -1477.21
41011 2000 PL Food Cost 1275.44
42011 2000 PL Beverage Cost 386.99
50101 2000 PL Salary & Wages ( F&B ) 2935.63
50102 2000 PL Staff Related Expenses 411.69
60102 2000 PL Cleaning Supply 11.11
60103 2000 PL Guest Supply 22.03
60107 2000 PL PS for F&B 6.54
60202 2000 PL Laundry 1.89
60204 2000 PL Uniform for F&B Department 4.26
60301 2000 PL Postage,Telephone,e-mail 163.89
60303 2000 PL Transportation & Labour ( F&B ) 84.44
60415 2000 PL Utential GAS Cost 133.34
69999 2000 PL Miscellaneous 53.64
30101 3200 PL Revenue - SPA -1380.87
50101 3200 PL Salary & Wages ( Spa ) 598.52
50102 3200 PL Staff Related Expenses 102.92
69999 3200 PL CS for Spa 10.95
30102 3300 PL Revenue - Others -667.45
30102 3300 PL Other -Commerical & Services Money -2835.60
30104 3300 PL Revenue - Transportation -882.61
40101 3300 PL Cost Of Minibar ( Food ) 31.85
40101 3300 PL Cost Of Minibar ( Beverage ) 139.16
64012 3300 PL Transport Expenses ( MOD ) 258.78
64015 3300 PL Other Expense ( MOD ) 338.08
64015 3300 PL Payable - Service Money for May'17 1890.40
64015 3300 PL Comersial Tax for May'17 945.20
30101 3400 PL Revenue - Laundry -162.17
40101 3400 PL Cost of Laundry 2.10
50101 3400 PL Salary & Wages ( Ldy ) 168.89
50102 3400 PL Staff Related Expenses 41.17
50101 4000 PL Salary & Wages ( Admin ) 5893.09
50102 4000 PL Staff Related Expense 742.16 37.93
60107 4000 PL PS for Finance 32.64 1.44
60202 4000 PL Laundry 3.11
60202 4000 PL Data Processing - Admin 7.41
60204 4000 PL Uniform for A&G Department 5.55
60301 4000 PL Postage,Telephone, e-mail 89.18
60303 4000 PL Transportation & Labour ( Admin ) 129.63 203.78
60404 4000 PL Audit Fee 803.70
60408 4000 PL Bank Charges ( Adimin ) 28.11
60413 4000 PL Exchange A/C -293.78 -11.11
60416 4000 PL Licenses & Tax ( Admin ) 294.20
60418 4000 PL Staff Activity ( Admin ) 46.56
60421 4000 PL Staff S S B 253.79
60422 4000 PL Present & Donation ( Admin ) 671.26
63011 4000 PL Rental -Office 370.37
63013 4000 PL Medical Expenses ( Admin ) 24.74
69999 4000 PL Miscellaneous ( Admin ) 170.58
50101 5000 PL Salary & Wages ( S&M ) 570.37
50102 5000 PL Staff Related Exp - S&M 37.93
60107 5000 PL Printing & Stationery - S&M 1.44
60202 5000 PL Data Processing - S&M 7.41
60301 5000 PL Postage,Telephone, e-mail 14.26
60303 5000 PL Transportation - S&M 2.96
60407 5000 PL Advertising 146.50
50101 6000 PL Salary & Wages ( Eng ) 976.54
50102 6000 PL Staff Related Expenses 123.51
60108 6000 PL Engineering Supplies 636.40
60109 6000 PL Tool 25.93
60201 6000 PL Printing & Stationery ( Eng ) 2.96
60301 6000 PL Postage,Telephone, e-mail 81.88
60306 6000 PL Motor Vehicle Expenses 189.63
61011 6000 PL Maintenance Building 10612.86
61012 6000 PL Maintenance Generator 137.78
61018 6000 PL Maintenance WaterSupply 46.67
61019 6000 PL Painting & Renovation 425.11
61022 6000 PL Pool 300.00
61023 6000 PL Light & Bulb 34.07
65012 7000 PL Utential Diesel 355.42
65013 7000 PL EPC Bill for May'17 2075.63
70102 8000 PL Lease Rental for May'17 400.00
80105 9000 PL Reallocation - SPA 18.49
0.00 0.00
 Total
186071.13
20600.50
14725.85
0.00
17605.16 52931.51
15815.32
-8743.50
-9447.90
21727.27 19,351.20
-218.09
-2869.18 -3087.27
3191.57
14941.66
1934.79
537.66
2033.25
4160.59
85.58
49.93
259.78
120.00
213.33
410.15
3640.17
18.54
46.35
0.00
3415.60
2003.69 37062.66
18711.94
-47096.96
38274.58 51,670,678.4
8804.00
-67600.66
0.00
15358.35
12962.56
17454.54
21742.17
22910.08
21666.67
1082.40
8800.00
701.43
79281.38
7685.00
 8953.63
-13600.00
-4093.74
-88593.53
1431806.54
-20205.21
-6959.88
-10281.17
-475.32
-1770459.53 -20841.53

-10748.18
3207.19
679.28
77.91
376.56
59.48
96.56
4.16
163.96
116.67
822.89
1.89
299.78
486.00
63.67
45.56
-4252.93
-1477.21
1275.44
386.99
2935.63
411.69
11.11
22.03
6.54
1.89
4.26
163.89
84.44
133.34
53.64
-1380.87
598.52
102.92
10.95
-667.45
-2835.60
-882.61
 31.85
139.16
258.78
338.08
1890.40
945.20
-162.17
2.10
168.89
41.17
5893.09
780.09
34.08
3.11
7.41
5.55
89.18
333.41
803.70
28.11
-304.89
294.20
46.56
253.79
671.26
370.37
24.74
170.58
570.37
37.93
1.44
7.41
14.26
2.96
146.50
976.54
123.51
636.40
25.93
2.96
81.88
189.63
10612.86
137.78
46.67
425.11
300.00
34.07
355.42
2075.63
400.00
18.49 20841.52
-0.01
 Villa Inle Resort & Spa
Balance Sheet as at May 31 , 2017

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset ( Vehical )
Fix Asset ( Other )
Fix Asset ( Building )
Fix Asset ( Data Processing )
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable
TOTAL CURRENT LIABILITIES
NET ASSETS
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
esort & Spa
at May 31 , 2017

USD

12,963 12963
21,742 21561
22,910 22910
15,358 15358
21,667 21667
19,537 19537
79,281 79281 107,029,856.60
7,685 7685
17,455 17455
19,351 23481

237,949 241898 326,562,297.34

52,932 57238
18,712 18323
38,275 38275
(3,087) -4874.2

37,063 37470
186,071 203029

329,965 349459
567,913.94 591357
- 0

(67,601) -67601
(20,205) -15527

1,431,807 1E+06

(4,094) -7628.3
(88,594) -87648
(13,600) -13200
(10,281) -9910.8
(6,960) -7709.5

(47096.96) -47097
8,329 7688.68
1,181,704 1E+06
1,749,618 2E+06

1,770,460 2E+06
(20,842) 4249 (28,136,061.22)

1,749,618 2E+06

(0.00) -0.0018
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 May 2017
Amount (USD)
Revenue 22,407
Room Revenue 10,748.18
Mini Bar Revenue
Food & Beverage 5,730.14
Other Operation Department
Phone
SPA 1,380.87
Other 667.45
Transportation 882.61
Laundry 162.17
Other -Commerical & Services Money 2835.60

Total Revenue 22,407

Cost of Sale
Room Expenses 6,502
Salary & Wages ( HK ) 3207.19
Staff Related Expenses 679.28
Cleaning Supplies ( HK ) 77.91
Guest Supply 376.56
PS for HK 59.48
Laundry 96.56
Uniform for Room Dept 4.16
Postage,Telephone,e-mail 163.96
Transportation & Labour ( HK ) 116.67
Complimentory Food & Beverage 822.89
Pest Control 1.89
Landscaping ( HK ) 299.78
Room Commission Fee ( for May'17 ) 486.00
Commision Fee 63.67
Miscellaneous ( FO ) 45.56

Mini Bar Expenses 171

Mini Bar Cost 171.01

Food & Beverage Expenses 5,491

Food Cost 1,275.44
Beverage Cost 386.99
Salary & Wages ( F&B ) 2,935.63
Staff Related Expenses 411.69
Cleaning Supply 11.11
Guest Supply 22.03
PS for F&B 6.54
 Laundry 1.89
Uniform for F&B Department 4.26
Postage,Telephone,e-mail 163.89
Transportation & Labour ( F&B ) 84.44
Utential GAS Cost 133.34
Miscellaneous 53.64

Other Operation Department 1,540

Salary & Wages ( Spa ) 598.52
Staff Related Expenses 102.92
CS for Spa 10.95
Transport Expenses ( MOD ) 258.78
Other Expense ( MOD ) 338.08
Cost of Laundry 2.10
Salary & Wages ( Ldy ) 168.89
Staff Related Expenses (ldy) 41.17
Reallocation - SPA 18.49

Tax & Services Money 2,836

Other -Commerical Tax 945.20
Other -Services Money 1,890.40

Total Cost of Sale 16,539

Gross Operating Profit 5,868

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 781
Salary & Wages ( S&M ) 570.37
Staff Related Exp - S&M 37.93
Printing & Stationery - S&M 1.44
Data Processing - S&M 7.41
Postage,Telephone, e-mail 14.26
Transportation - S&M 2.96
Advertising 146.50

Maintance Expenses 13,593

Salary & Wages ( Eng ) 976.54
Staff Related Expenses 123.51
Engineering Supplies 636.40
Tool 25.93
Printing & Stationery ( Eng ) 2.96
Postage,Telephone, e-mail 81.88
Motor Vehicle Expenses 189.63
Maintenance Building 10612.86
Maintenance Generator 137.78
Maintenance WaterSupply 46.67
Painting & Renovation 425.11
Pool 300.00
Light & Bulb 34.07
 Admin & General Expenses 12,335
Salary & Wages ( Admin ) 5,893.09
Staff Related Expense 780.09
PS for Finance 34.08
Laundry 3.11
Data Processing - Admin 7.41
Uniform for A&G Department 5.55
Postage,Telephone, e-mail 89.18
Transportation & Labour ( Admin ) 333.41
Audit Fee 803.70
Bank Charges ( Adimin ) 28.11
Exchange A/C (304.89)
Licenses & Tax ( Admin ) 294.20
Staff Activity ( Admin ) 46.56
Staff S S B 253.79
Present & Donation ( Admin ) 671.26
Rental -Office 370.37
Medical Expenses ( Admin ) 24.74
Miscellaneous ( Admin ) 170.58
Utential Diesel 355.42
EPC Bill for May'17 2,075.63
Lease Rental for May'17 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 26,710

Net Operating Profit (20,842)

20,842
-
 780
275.565

3279.65
1642.61

19208.18

22,507
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 30 June'17
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
45,500.00 33.70 -
55,400.00 41.04 -
JV -Current (USD) Coso Trail
33.70 - 33.70
41.04 - 41.04
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 June'17

Opening
14122 100 BS Staff Canteen Expenses 0.0017863247851
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )

3,287,419.37 3,287,419.37
(0.0042)
 USD JV Coso
1190.962963 459.14 1,650.11 1,650.11 1,650.11
2938.1444444 - 2,938.14 -
2989.0985185 - 2,989.10 -
598.51851852 - 598.52 -
168.88888889 - 168.89 -
5909.8207407 - 40.74 5,950.56 -
570.37037037 - 570.37 -
981.95925926 - 981.96 -

- -
177,087.85 178,154.40 60,267.44 59,200.90 3,524,774.67 3,524,774.67
(1,066.54) 1,066.54 (0.00)
 (0.00)
2,938.14
2,989.10
598.52
168.89
5,950.56
570.37
981.96

-
(0.00)
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 30th June'17

Inle YGN
11012 100 BS Cash in Hand 103292.24 70446.13
13023 100 BS A/R Guest Ledger -Inle -18253.48 35556.80
13024 100 BS City Ledger ( Agoda ) 15990.18
13024 100 BS City Ledger ( HO ) 2726571.77 -2726571.77
13024 100 BS City Ledger ( Tauck ) 17605.16
13027 100 BS Construction- pool -3038.79 662.73
13027 100 BS Construction: Second Phase 21727.27
13032 100 BS Current HO Purchasing -381928.53 381710.44
13032 100 BS Current HO Payable - Outstanding -2429.84
14011 100 BS Inventory-Food(Store) 2933.42
14012 100 BS Inventory-Beverage(Store) 14856.29
14013 100 BS Inventory Cleaning Supply Store 1707.37
14013 100 BS Inventory - Cleaning Supplies 456.63
14014 100 BS Inventory-Guest Supplies ( Store ) 1894.06
14014 100 BS Inventory-Printing Supplies ( Store ) 4090.96
14015 100 BS Inventory - Massage Oil 118.05
14016 100 BS Inventory - Souvier 49.93
14019 100 BS Inventory-Diesel & Petrol ( Store ) 201.25
14019 100 BS Inventory Diesel,Petrol ( Generator ) 231.76
14020 100 BS Inventory-Gas 213.33
14021 100 BS Inventory - H.K'Guest Supplies 402.72
14023 100 BS Inventory Other Supply Store 3632.56
14024 100 BS Inventory - Mini Bar ( Food ) 22.24
14024 100 BS Inventory - Mini Bar ( Bev ) 50.04
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 2984.41
14126 100 BS Operation - Beverage ( Bar ) 2003.64
15012 100 BS Prepaid 14403.53 11402.36
15115 100 BS AR Collection - Deposit -1066.50 -47646.96
16014 100 BS Staff Advance 6890.75 32361.60
16015 100 BS Refund 8804.00
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -701244.76 701244.76
17098 100 BS F Asset F&B 13994.71 1363.64
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56 382.69
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) 21666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 75870.18 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -14000.00
18011 200 BS Account Payable -Services Money -4399.98
18011 200 BS Account Payable -Commerical Tax -89691.65
18011 200 BS Account Payable - Columbus 118461.54 1313345.00
18011 200 BS Accrued Payable Hotel (Trade ) -15333.75
19014 200 BS Accrued Electricity -6902.84
19014 200 BS Account Payable - Office Rental (HO) -10651.54
21102 200 BS Tip for Staff -475.32
29999 200 BS Retain Earning -2010342.40 260724.39

30101 1000 PL Room Revenue -12281.04

50101 1000 PL Salary & Wages ( HK ) 2938.14
50102 1000 PL Staff Related Expenses 651.90
60102 1000 PL Cleaning Supplies 137.44
60103 1000 PL Guest Supply 294.94
60107 1000 PL PS for HK 37.22
60202 1000 PL Laundry 168.49
60204 1000 PL Uniform for Room Dept 4.16
60301 1000 PL Postage,Telephone, e-mail 34.22
60303 1000 PL Transportation & Labour ( HK ) 47.41
60410 1000 PL Complimentory Food & Beverage 484.30
60415 1000 PL Pest Control 2.94
61021 1000 PL Landscaping 458.30
62011 1000 PL Room Commission Fee ( for June'17 ) 284.25
62011 1000 PL Commision Fee 98.71
69999 1000 PL Miscellaneous 12.71
31011 2000 PL Food Revenue -5811.19
32011 2000 PL Beverage Revenue -1395.83
41011 2000 PL Food Cost 1919.39
42011 2000 PL Beverage Cost 452.91
50101 2000 PL Salary & Wages ( F&B ) 2989.10
50102 2000 PL Staff Related Expenses 407.43
60102 2000 PL Cleaning Supply 54.85
60103 2000 PL Guest Supply 24.14
60107 2000 PL PS for F&B 11.61
60202 2000 PL Laundry 5.08
60204 2000 PL Uniform for F&B Department 4.26
60301 2000 PL Postage,Telephone, e-mail 34.15
60303 2000 PL Transportation & Labour ( F&B ) 42.22
60415 2000 PL Utential GAS Cost 160.00
69999 2000 PL Miscellaneous 74.24
30101 3200 PL Revenue - SPA -1946.52
50101 3200 PL Salary & Wages ( Spa ) 598.52
50102 3200 PL Staff Related Expenses 101.86
30102 3300 PL Revenue - Others -844.09
30102 3300 PL Other -Commerical & Services Money -3294.36
30104 3300 PL Revenue - Transportation -205.22
40101 3300 PL Cost Of Minibar ( Food ) 22.08
40101 3300 PL Cost Of Minibar ( Beverage ) 56.68
64012 3300 PL Transport Expenses 22.48
64015 3300 PL Other Expense ( MOD ) 247.80
64015 3300 PL Payable - Service Money for June'17 2196.24
64015 3300 PL Comersial Tax for June'17 1098.12
30101 3400 PL Revenue - Laundry -287.83
40101 3400 PL Cost of Laundry 4.90
50101 3400 PL Salary & Wages ( Ldy ) 168.89
50102 3400 PL Staff Related Expenses 40.74
50101 4000 PL Salary & Wages ( Admin ) 5909.82
50102 4000 PL Staff Related Exp 505.85 33.70
60107 4000 PL PS for Finance 43.39
60107 4000 PL Phone & Fax - Admin 24.44 9.26
60202 4000 PL Laundry 3.70
60202 4000 PL Data Processing - Admin 22.96
60204 4000 PL Uniform for A&G Department 5.55
60303 4000 PL Transportation & Labour ( Admin ) 59.26 130.00
60408 4000 PL Bank Charges ( Admin ) 13.22
60410 4000 PL Manpower Development 74.07
60413 4000 PL Exchange A/C -438.26 -18.52
60414 4000 PL Travelling ( Admin ) 142.59
60416 4000 PL Licenses & Tax 294.20
60418 4000 PL Staff Activity 81.00
60421 4000 PL Staff S S B 253.79
60422 4000 PL Present & Donation 562.77
63011 4000 PL Rental -Office 370.37
69999 4000 PL Miscellenous 62.62
50101 5000 PL Salary & Wages ( S&M ) 570.37
50102 5000 PL Staff Related Exp - S&M 41.04
60107 5000 PL Phone & Fax - S&M 9.26
60202 5000 PL Data Processing - S&M 22.96
60301 5000 PL Postage,Telephone, e-mail 21.78
60303 5000 PL Transportation - S&M 14.07
60407 5000 PL Advertising 109.00 14.81
50101 6000 PL Salary & Wages ( Eng ) 981.96
50102 6000 PL Staff Related Expenses 122.23
60108 6000 PL Engineering Supplies 177.73
60301 6000 PL Postage,Telephone,e-mail 10.00
60306 6000 PL Motor Vehicle Expenses 16.74
61011 6000 PL Maintenance Building 1986.33
61018 6000 PL Maintenance WaterSupply 2.96
61019 6000 PL Painting & Renovation ( Eng ) 270.67
61023 6000 PL Light & Bulb 34.07
69999 6000 PL OS for M&E 9.00
65012 7000 PL Utential Diesel 120.00
65013 7000 PL EPC Bill for June'17 2018.59
70102 8000 PL Lease Rental for June'17 400.00
80105 9000 PL Reallocation - SPA 34.07

0.00 0.00
 Total
173738.37
17303.32
15990.18
0.00
17605.16 50898.66
-2376.07
21727.27 19351.20
-218.09
-2429.84 -2647.93
2933.42
14856.29
1707.37
456.63
1894.06
4090.96
118.05
49.93
201.25
231.76
213.33
402.72
3632.56
22.24
50.04
0.00
2984.41
2003.64 35848.67
25805.89
-48713.46
39252.35
8804.00
-67600.66
0.00
15358.35
12962.56
17454.54
22213.26
22910.08
21666.67
1082.40
8800.00
701.43
79281.38
7685.00
8953.63
-14000.00
 -4399.98
-89691.65
1431806.54
-15333.75
-6902.84
-10651.54
-475.32
-1749618.01 -5460.18

-12281.04
2938.14
651.90
137.44
294.94
37.22
168.49
4.16
34.22
47.41
484.30
2.94
458.30
284.25
98.71
12.71
-5811.19
-1395.83
1919.39
452.91
2989.10
407.43
54.85
24.14
11.61
5.08
4.26
34.15
42.22
160.00
74.24
-1946.52
598.52
101.86
-844.09
-3294.36
-205.22
22.08
56.68
22.48
 247.80
2196.24
1098.12
-287.83
4.90
168.89
40.74
5909.82
539.55
43.39
33.70
3.70
22.96
5.55
189.26
13.22
74.07
-456.78
142.59
294.20
81.00
253.79
562.77
370.37
62.62
570.37
41.04
9.26
22.96
21.78
14.07
123.81
981.96
122.23
177.73
10.00
16.74
1986.33
2.96
270.67
34.07
9.00
120.00
2018.59
400.00
34.07 5460.19
0.00
0.00 0.00
 Villa Inle Resort & Spa
Balance Sheet as at June 30 , 2017

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset ( Vehical )
Fix Asset ( Other )
Fix Asset ( Building )
Fix Asset ( Data Processing )
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable
TOTAL CURRENT LIABILITIES
NET ASSETS
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
esort & Spa
at June 30 , 2017

USD

12,963 12963
22,213 21742
22,910 22910
15,358 15358
21,667 21667
19,537 19537
79,281 79281 107,029,856.60
7,685 7685
17,455 17455
19,351 19351

238,420 237949 321,231,687.34

50,899 52877
25,806 18712
39,252 38275
(2,648) -3087.3

35,849 37063
173,738 186126

322,896 329965
561,316.50 567914
- 0

(67,601) -67601
(15,334) -20205

1,431,807 1E+06

(4,400) -4093.7
(89,692) -88594
(14,000) -13600
(10,652) -10281
(6,903) -6959.9

(48713.46) -47097
8,329 8328.68
1,182,841 1E+06
1,744,158 2E+06

1,749,618 2E+06
(5,460) -20842 (7,371,249.51)

1,744,158 2E+06

(0.00) -0.0018
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 June 2017
Amount (USD)
Revenue 26,066
Room Revenue 12,281.04
Mini Bar Revenue
Food & Beverage 7,207.02
Other Operation Department
Phone
SPA 1,946.52
Other 844.09
Transportation 205.22
Laundry 287.83
Other -Commerical & Services Money 3294.36

Total Revenue 26,066

Cost of Sale
Room Expenses 5,655
Salary & Wages ( HK ) 2938.14
Staff Related Expenses 651.90
Cleaning Supplies 137.44
Guest Supply 294.94
PS for HK 37.22
Laundry 168.49
Uniform for Room Dept 4.16
Postage,Telephone, e-mail 34.22
Transportation & Labour ( HK ) 47.41
Complimentory Food & Beverage 484.30
Pest Control 2.94
Landscaping 458.30
Room Commission Fee ( for June'17 ) 284.25
Commision Fee 98.71
Miscellaneous 12.71

Mini Bar Expenses 79

Mini Bar Cost 78.76

Food & Beverage Expenses 6,179

Food Cost 1,919.39
Beverage Cost 452.91
Salary & Wages ( F&B ) 2,989.10
Staff Related Expenses 407.43
Cleaning Supply 54.85
Guest Supply 24.14
PS for F&B 11.61
 Laundry 5.08
Uniform for F&B Department 4.26
Postage,Telephone, e-mail 34.15
Transportation & Labour ( F&B ) 42.22
Utential GAS Cost 160.00
Miscellaneous 74.24

Other Operation Department 1,219

Salary & Wages ( Spa ) 598.52
Staff Related Expenses 101.86
Transport Expenses 22.48
Other Expense ( MOD ) 247.80
Cost of Laundry 4.90
Salary & Wages ( Ldy ) 168.89
Staff Related Expenses 40.74
Reallocation - SPA 34.07

Tax & Services Money 3,294

Other -Commerical Tax 1,098.12
Other -Services Money 2,196.24

Total Cost of Sale 16,427

Gross Operating Profit 9,639

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 803
Salary & Wages ( S&M ) 570.37
Staff Related Exp - S&M 41.04
Phone & Fax - S&M 9.26
Data Processing - S&M 22.96
Postage,Telephone, e-mail 21.78
Transportation - S&M 14.07
Advertising 123.81

Maintance Expenses 3,612

Salary & Wages ( Eng ) 981.96
Staff Related Expenses 122.23
Engineering Supplies 177.73
Postage,Telephone,e-mail 10.00
Motor Vehicle Expenses 16.74
Maintenance Building 1986.33
Maintenance WaterSupply 2.96
Painting & Renovation ( Eng ) 270.67
Light & Bulb 34.07
OS for M&E 9.00

Admin & General Expenses 10,684

Salary & Wages ( Admin ) 5,909.82
Staff Related Exp 539.55
 PS for Finance 43.39
Phone & Fax - Admin 33.70
Laundry 3.70
Data Processing - Admin 22.96
Uniform for A&G Department 5.55
Transportation & Labour ( Admin ) 189.26
Bank Charges ( Admin ) 13.22
Manpower Development 74.07
Exchange A/C (456.78)
Travelling ( Admin ) 142.59
Licenses & Tax 294.20
Staff Activity 81.00
Staff S S B 253.79
Present & Donation 562.77
Rental -Office 370.37
Miscellenous 62.62
Utential Diesel 120.00
EPC Bill for May'17 2,018.59
Lease Rental for May'17 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 15,099

Net Operating Profit (5,460)

5,460
-
 780
275.565

3279.65
1642.61

19208.18

26,166
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 July'17
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M

### 2,829,380.29
0.00
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
49,300.00 36.52 -
41,550.00 30.78 -

- -
5,671,813.00 5,671,813.00 4,201.34 4,201.34 89,227.00 89,227.00 24,505.50
- - - -
JV -Current (USD) Coso Trail
36.52 - 36.52
30.78 - 30.78

- - -
24,505.50 ### 2,947,314.14 0.00
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 July'17

Opening
14122 100 BS Staff Canteen Expenses -0.004139601141
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1,624.81 3.33 512.18 2,133.66 2,136.99 2,136.99
3,073.65 - 3,073.65 -
3,971.36 - 3,971.36 -
518.52 - 518.52 -
165.19 - 165.19 -
5,893.83 - 5,893.83 -
570.37 - 570.37 -
1,004.69 - 1,004.69 -
 (0.00)
3,073.65
3,971.36
518.52
165.19
5,893.83
570.37
1,004.69
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31st July'17

Inle YGN
11012 100 BS Cash in Hand 83759.75 87294.20
13023 100 BS A/R Guest Ledger -Inle -18725.05 37612.80
13024 100 BS City Ledger ( Agoda ) 17297.43
13024 100 BS City Ledger ( HO ) 2744765.77 -2744765.77
13024 100 BS City Ledger ( Tauck ) 17605.16
13027 100 BS Construction- pool 15152.60 662.73
13027 100 BS Construction ( Laundry ) -8743.50
13027 100 BS Construction- New Bar -9447.90
13027 100 BS Construction: Second Phase 21727.27
13032 100 BS Current HO Purchasing -385272.18 385054.09
13032 100 BS Current HO Payable - Outstanding -3696.30
14011 100 BS Inventory-Food(Store) 3018.84
14012 100 BS Inventory-Beverage(Store) 13937.05
14013 100 BS Inventory Cleaning Supply Store 1831.96
14013 100 BS Inventory - Cleaning Supplies 279.86
14014 100 BS Inventory-Guest Supplies ( Store ) 1729.37
14014 100 BS Inventory-Printing Supplies ( Store ) 4090.30
14015 100 BS Inventory - Massage Oil 71.14
14016 100 BS Inventory - Souvier 40.00
14019 100 BS Inventory-Diesel & Petrol ( Store ) 160.63
14019 100 BS Inventory Diesel,Petrol ( Generator ) 221.55
14020 100 BS Inventory-Gas 266.67
14021 100 BS Inventory - H.K'Guest Supplies 324.27
14023 100 BS Inventory Other Supply Store 3670.19
14024 100 BS Inventory - Mini Bar ( Food ) 30.58
14024 100 BS Inventory - Mini Bar ( Bev ) 115.10
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 2656.86
14126 100 BS Operation - Beverage ( Bar ) 2297.57
15012 100 BS Prepaid 14460.26 12777.36
15115 100 BS AR Collection - Deposit -1066.50 -55010.96
16014 100 BS Staff Advance 8161.86 32861.60
16015 100 BS Refund 9504.00
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -702364.76 702364.76
17098 100 BS F Asset F&B 13994.71 1746.33
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) 21666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 75870.18 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -14400.00
18011 200 BS Account Payable -Services Money -5230.04
18011 200 BS Account Payable -Commerical Tax -88359.86
18011 200 BS Account Payable - Columbus 118461.54 1313345.00
18011 200 BS Accrued Payable Hotel (Trade ) -15132.00
19014 200 BS Accrued Electricity -7114.70
19014 200 BS Account Payable - Office Rental (HO) -11021.91
21102 200 BS Tip for Staff -475.32
29999 200 BS Retain Earning -2005161.77 261003.95

30101 1000 PL Room Revenue -17597.05

50101 1000 PL Salary & Wages ( HK ) 3073.65
50102 1000 PL Staff Related Expenses 889.03
60102 1000 PL Cleaning Supplies 135.38
60103 1000 PL Guest Supply 333.16
60107 1000 PL PS for HK 23.46
60202 1000 PL Laundry 168.10
60204 1000 PL Uniform for Room Dept 4.16
60301 1000 PL Postage,Telephone, e-mail 99.03
60303 1000 PL Transportation & Labour ( HK ) 50.00
60410 1000 PL Complimentory Food & Beverage 628.04
60415 1000 PL Pest Control 8.39
61021 1000 PL Landscaping 479.37
62011 1000 PL Room Commission Fee ( for July'17 ) 232.87
62011 1000 PL Commision Fee 63.75
69999 1000 PL Miscellaneous ( HK ) 159.45
31011 2000 PL Food Revenue -7486.57
32011 2000 PL Beverage Revenue -2572.19
41011 2000 PL Food Cost 2513.50
42011 2000 PL Beverage Cost 561.12
50101 2000 PL Salary & Wages ( F&B ) 3971.36
50102 2000 PL Staff Related Expenses 508.01
60101 2000 PL China,Glass & Silverware 30.33
60102 2000 PL Cleaning Supply 36.56
60103 2000 PL Guest Supply 33.53
60107 2000 PL PS for F&B 16.17
60202 2000 PL Laundry 5.08
60204 2000 PL Uniform for F&B Department 4.26
60301 2000 PL Postage,Telephone, e-mail 99.03
60303 2000 PL Staff Transportation ( F&B ) 53.67
60303 2000 PL Transportation & Labour ( F&B ) 100.00
60415 2000 PL Utential GAS Cost 213.33
69999 2000 PL Miscelleneous 153.63
30101 3200 PL Revenue - SPA -1733.04
50101 3200 PL Salary & Wages ( Spa ) 518.52
50102 3200 PL Staff Related Expenses 101.60
30102 3300 PL Revenue - Others -1185.97
30102 3300 PL Other -Commerical & Services Money -4539.10
30104 3300 PL Revenue - Transportation -436.52
40101 3300 PL Cost Of Minibar ( Food ) 26.29
40101 3300 PL Cost Of Minibar ( Beverage ) 69.56
64012 3300 PL Transport Expenses ( MOD ) 72.58
64015 3300 PL Other Expense ( MOD ) 348.59
64015 3300 PL Payable - Service Money for July'17 3026.06
64015 3300 PL Comersial Tax for July'17 1513.03
64015 3300 PL Cost Of Souvenier 26.93
30101 3400 PL Revenue - Laundry -400.43
40101 3400 PL Cost of Laundry 5.18
50101 3400 PL Salary & Wages ( Ldy ) 165.19
50102 3400 PL Staff Related Expenses 50.80
50101 4000 PL Salary & Wages ( Admin ) 5893.83
50102 4000 PL Staff Related Exp 768.97 36.52
60107 4000 PL PS for Finance 32.76 7.41
60202 4000 PL Laundry 3.69
60202 4000 PL Data Processing - Admin 132.41
60204 4000 PL Uniform for A&G Department 5.55
60301 4000 PL Postage,Telephone, e-mail 49.52 7.41
60303 4000 PL Transportation & Labour ( Admin ) 95.26 316.00
60408 4000 PL Bank Charges ( Admin ) 28.58
60410 4000 PL Manpower Development ( Admin ) 18.52
60413 4000 PL Exchange A/C -254.23
60414 4000 PL Travelling ( Admin ) 673.30
60416 4000 PL Licenses & Tax ( Admin ) 614.20
60418 4000 PL Staff Activity 53.15
60421 4000 PL Staff S S B 244.72
60422 4000 PL Present & Donation ( Admin ) 453.33
63011 4000 PL Rental -Office ( for July'17 ) 370.37
63013 4000 PL Medical Expenses ( Admin ) 20.26
69999 4000 PL Miscellaneous ( Admin ) 161.08
50101 5000 PL Salary & Wages ( S&M ) 570.37
50102 5000 PL Staff Related Exp - S&M 30.78
60107 5000 PL Printing & Stationery - S&M 5.93
60202 5000 PL Data Processing - S&M 7.41
60301 5000 PL Postage,Telephone, e-mail 21.33 7.41
60303 5000 PL Transportation - S&M 35.71
60407 5000 PL Advertising 109.00 294.78
50101 6000 PL Salary & Wages ( Eng ) 1004.69
50102 6000 PL Staff Related Expenses 177.81
60107 6000 PL PS for Eng 2.05
60108 6000 PL Engineering Supplies 486.22
60301 6000 PL Postage,Telephone, e-mail 56.64
60306 6000 PL Motor Vehicle Expenses 721.85
61011 6000 PL Maintenance Building 4492.81
61019 6000 PL Painting & Renovation 449.11
61022 6000 PL Swimming Pool 146.30
61023 6000 PL Light Bulb 12.59
69999 6000 PL OS for M&E 1.48
65012 7000 PL Utential Diesel 230.93
65013 7000 PL EPC Bill for July'17 2230.44
70102 8000 PL Lease Rental for July'17 400.00
80105 9000 PL Reallocation - SPA 56.70

0.00 0.00
 Total
171053.95
18887.75
17297.43
0.00
17605.16 53790.34
15815.32
-8743.50
-9447.90
21727.27 19351.20
-218.09
-3696.30 -3914.39
3018.84
13937.05
1831.96
279.86
1729.37
4090.30
71.14
40.00
160.63
221.55
266.67
324.27
3670.19
30.58
115.10
0.00
2656.86
2297.57 34741.95
27237.61
-56077.46
41023.47
9504.00
-67600.66
0.00
15741.04
12962.56
17454.54
21830.56
22910.08
21666.67
1082.40
8800.00
701.43
79281.38
7685.00
 8953.63
-14400.00
-5230.04
-88359.86
1431806.54
-15132.00
-7114.70
-11021.91
-475.32
-1744157.82
-5905.81

-17597.05
3073.65

889.03
135.38
333.16
23.46
168.10
4.16
99.03
50.00
628.04
8.39
479.37
232.87
63.75
159.45
-7486.57
-2572.19
2513.50
561.12
3971.36

508.01
30.33
36.56
33.53
16.17
5.08
4.26
99.03
53.67
100.00
213.33
153.63
-1733.04
518.52

101.60
-1185.97
-4539.10
-436.52
26.29
69.56
72.58
348.59
3026.06
1513.03
26.93
-400.43
5.18
165.19

50.80
5893.83
805.49
40.17
3.69
132.41
5.55
56.92
411.26
28.58
18.52
-254.23
673.30
614.20
53.15
244.72
453.33
370.37
20.26
161.08
570.37
30.78
5.93
7.41
28.74
35.71
403.78
1004.69

177.81
2.05
486.22
56.64
721.85
4492.81
449.11
146.30
12.59
1.48
 230.93
2230.44
400.00
56.70
0.00
0.00 5905.81
0.00
 Villa Inle Resort & Spa
Balance Sheet as at July 31 , 2017

USD

1.0 ASSETS
F Asset ( Brick Fance ) 12,963
Fix Asset - Furniture & Fitting 21,831
F Asset ( HK ) 22,910
F Asset ( F&B ) 15,741
Fix Asset ( Vehical ) 21,667
Fix Asset ( Other ) 19,537
Fix Asset ( Building ) 79,281
Fix Asset ( Data Processing ) 7,685
F Asset Land & Building 17,455
Construction in Progress 19,351

FIXED ASSETS AND INTANGIBLES 238,420

2.0 CURRENT ASSETS

2.1 Accounts Receivable 53,790
2.2 Prepayments 27,238
2.3 Advances (Staff) 41,023
2.4 Current Account ( HO ) (3,914)
2.5 Other Receivable
2.6 Inventories at Cost 34,742
2.7 Cash in Hand 171,054
2.8 Cash at Bank

TOTAL CURRENT ASSETS 323,933

TOTAL ASSETS 562,353.42
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (15,132)
Accounts Payable - Construction
Accounts Payable - Trade columbus 1,431,807
Accounts Payable - Current Ho
Accounts Payable - Services Money (5,230)
Accounts Payable - Commerical Tax (88,360)
Accounts Payable - Land Lease (14,400)
Accounts Payable -HO (Office) (11,022)
4.3 Accrued Expenses (7,115)
4.4 Provisions
4.5 Deposit Received (56077.46)
4.6 Other Payable 9,029

TOTAL CURRENT LIABILITIES 1,175,899

NET ASSETS 1,738,252
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 1,744,158
Retained Earnings /(Loss) (5,906)

SHAREHOLDERS' INTEREST 1,738,252

(0.00)
 12963
22213
22910
15358
21667
19537
79281 107,029,856.60
7685
17455
19351

238420 321,867,660.71

50844
25806
39252
-2647.9

35849
173793

322896
561316
0

-67601
-15334

1E+06

-4400
-89692
-14000
-10652
-6902.8

-47647
8328.68

1E+06
2E+06

2E+06
-4393.7 (7,972,843.33)

2E+06
-0.0018
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 July 2017
Amount (USD)
Revenue 35,951
Room Revenue 17,597.05
Mini Bar Revenue
Food & Beverage 10,058.76
Other Operation Department
Phone
SPA 1,733.04
Other 1,185.97
Transportation 436.52
Laundry 400.43
Other -Commerical & Services Money 4539.10

Total Revenue 35,951

Cost of Sale
Room Expenses 6,348
Salary & Wages ( HK ) 3073.65
Staff Related Expenses 889.03
Cleaning Supplies 135.38
Guest Supply 333.16
PS for HK 23.46
Laundry 168.10
Uniform for Room Dept 4.16
Postage,Telephone, e-mail 99.03
Transportation & Labour ( HK ) 50.00
Complimentory Food & Beverage 628.04
Pest Control 8.39
Landscaping 479.37
Room Commission Fee ( for July'17 ) 232.87
Commision Fee 63.75
Miscellaneous ( HK ) 159.45

Mini Bar Expenses 96

Mini Bar Cost 95.85

Food & Beverage Expenses 8,300

Food Cost 2,513.50
Beverage Cost 561.12
Salary & Wages ( F&B ) 3,971.36
Staff Related Expenses 508.01
China,Glass & Silverware 30.33
Cleaning Supply 36.56
Guest Supply 33.53
 PS for F&B 16.17
Laundry 5.08
Uniform for F&B Department 4.26
Postage,Telephone, e-mail 99.03
Staff Transportation ( F&B ) 53.67
Transportation & Labour ( F&B ) 100.00
Utential GAS Cost 213.33
Miscelleneous 153.63

Other Operation Department 1,346

Salary & Wages ( Spa ) 518.52
Staff Related Expenses 101.60
Reallocation - SPA 56.70
Transport Expenses ( MOD ) 72.58
Other Expense ( MOD ) 348.59
Cost Of Souvenier 26.93
Cost of Laundry 5.18
Salary & Wages ( Ldy ) 165.19
Staff Related Expenses 50.80

Tax & Services Money 4,539

Other -Commerical Tax 1,513.03
Other -Services Money 3,026.06

Total Cost of Sale 20,628

Gross Operating Profit 15,322

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 1,083
Salary & Wages ( S&M ) 570.37
Staff Related Exp - S&M 30.78
Printing & Stationery - S&M 5.93
Data Processing - S&M 7.41
Postage,Telephone, e-mail 28.74
Transportation - S&M 35.71
Advertising 403.78

Maintance Expenses 7,552

Salary & Wages ( Eng ) 1004.69
Staff Related Expenses 177.81
PS for Eng 2.05
Engineering Supplies 486.22
Postage,Telephone, e-mail 56.64
Motor Vehicle Expenses 721.85
Maintenance Building 4492.81
Painting & Renovation 449.11
Swimming Pool 146.30
Light Bulb 12.59
OS for M&E 1.48
 Admin & General Expenses 12,594
Salary & Wages ( Admin ) 5,893.83
Staff Related Exp 805.49
PS for Finance 40.17
Laundry 3.69
Data Processing - Admin 132.41
Uniform for A&G Department 5.55
Postage,Telephone, e-mail 56.92
Transportation & Labour ( Admin ) 411.26
Bank Charges ( Admin ) 28.58
Manpower Development ( Admin ) 18.52
Exchange A/C (254.23)
Travelling ( Admin ) 673.30
Licenses & Tax ( Admin ) 614.20
Staff Activity 53.15
Staff S S B 244.72
Present & Donation ( Admin ) 453.33
Rental -Office ( for July'17 ) 370.37
Medical Expenses ( Admin ) 20.26
Miscellaneous ( Admin ) 161.08
Utential Diesel 230.93
EPC Bill for July'17 2,230.44
Lease Rental for July'17 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 21,228

Net Operating Profit (5,906)

5,906
0
 780
275.565

3279.65
1642.61

19208.18

36,051
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 August'17
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
53,650.00 39.74 -
37,150.00 27.52 -
JV -Current (USD) Coso Trail
39.74 - 39.74
27.52 - 27.52
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 August'17

Opening
14122 100 BS Staff Canteen Expenses 0.000806267808
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
2,037.78 285.54 2,323.31 2,323.31 2,323.31
3,113.17 - 3,113.17 -
4,331.90 - 4,331.90 -
518.52 - 518.52 -
151.68 - 151.68 -
5,935.22 - 5,935.22 -
570.37 - 570.37 -
1,024.37 - 1,024.37 -
 0.00
3,113.17
4,331.90
518.52
151.68
5,935.22
570.37
1,024.37
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31st August'17

Inle YGN
11012 100 BS Cash in Hand 121653.95 65500.20
13023 100 BS A/R Guest Ledger -Inle -24719.36 40574.39
13024 100 BS City Ledger ( Agoda ) 18409.53
13024 100 BS City Ledger ( HO ) 2773360.77 -2773360.77
13024 100 BS City Ledger ( Tauck ) 17605.16
13027 100 BS Construction- pool 15152.60 662.73
13027 100 BS Construction ( Laundry ) -8743.50
13027 100 BS Construction- New Bar -9447.90
13027 100 BS Construction: Second Phase 21727.27
13032 100 BS Current HO Purchasing -391733.10 391,533.75
13032 100 BS Current HO Payable - Outstanding (6,339.45)
14011 100 BS Inventory-Food(Store) 3184.43
14012 100 BS Inventory-Beverage(Store) 15201.65
14013 100 BS Inventory Cleaning Supply Store 1559.26
14013 100 BS Inventory - Cleaning Supplies 280.85
14014 100 BS Inventory-Guest Supplies ( Store ) 1946.66
14014 100 BS Inventory-Printing Supplies ( Store ) 4093.92
14015 100 BS Inventory - Massage Oil 69.47
14016 100 BS Inventory - Souvier 49.23
14019 100 BS Inventory-Diesel & Petrol ( Store ) 199.42
14019 100 BS Inventory Diesel,Petrol ( Generator ) 324.56
14020 100 BS Inventory-Gas 213.33
14021 100 BS Inventory - H.K'Guest Supplies 471.17
14023 100 BS Inventory Other Supply Store 3756.72
14024 100 BS Inventory - Mini Bar ( Food ) 31.91
14024 100 BS Inventory - Mini Bar ( Bev ) 177.63
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 3008.23
14126 100 BS Operation - Beverage ( Bar ) 2413.03
15012 100 BS Prepaid 14128.10 12925.51
15115 100 BS AR Collection - Deposit -1066.50 -50713.05
16014 100 BS Staff Advance 8643.35 34206.60
16015 100 BS Refund 9504.00
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -733571.74 733571.74
17098 100 BS F Asset F&B 13994.71 1746.33
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) 21666.67
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 75870.18 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -14800.00
18011 200 BS Account Payable -Services Money -7701.18
18011 200 BS Account Payable -Commerical Tax -91126.43
18011 200 BS Account Payable - Columbus 118461.54 1317825.00
18011 200 BS Accrued Payable Hotel (Trade ) -17951.14
19014 200 BS Accrued Electricity -7579.14
19014 200 BS Account Payable - Office Rental (HO) -11392.28
21102 200 BS Tip for Staff -479.32
29999 200 BS Retain Earning -2000137.70 261885.69

30101 1000 PL Room Revenue -31584.58

50101 1000 PL Salary & Wages ( HK ) 3113.17
50102 1000 PL Staff Related Expenses 950.45
60102 1000 PL Cleaning Supplies 123.36
60103 1000 PL Guest Supplies 349.07
60107 1000 PL PS for HK 91.09
60202 1000 PL Laundry 290.15
60250 1000 PL Flowers & Decoration ( HK ) 51.85
60301 1000 PL Postage,Telephone,e-mail 106.07
60303 1000 PL Transportation & Labour ( HK ) 79.63
60410 1000 PL Complimentory Food & Beverage 1031.35
61021 1000 PL Landscaping ( HK ) 350.44
62011 1000 PL Room Commission Fee ( for August'17 ) 1265.03 140.00
62011 1000 PL Commision Fee 63.75
62013 1000 PL Utensal 196.30
69999 1000 PL Miscellaneous 48.15
31011 2000 PL Food Revenue -13600.39
32011 2000 PL Beverage Revenue -4013.68
41011 2000 PL Food Cost 3026.91
42011 2000 PL Beverage Cost 747.81
50101 2000 PL Salary & Wages ( F&B ) 4331.90
50102 2000 PL Staff Related Expenses 554.43
60101 2000 PL China,Glass & Silverware 1111.11
60102 2000 PL Cleaning Supply 29.86
60103 2000 PL Guest Supply 52.84
60107 2000 PL PS for F&B 29.22
60202 2000 PL Laundry 20.89
60204 2000 PL Uniform for F&B Department 8.42
60301 2000 PL Postage,Telephone,e-mail 98.96
60303 2000 PL Transportation & Labour ( F&B ) 47.41
60415 2000 PL Utential GAS Cost 266.67
69999 2000 PL Miscellaneous 307.35
30101 3200 PL Revenue - SPA -4102.61
50101 3200 PL Salary & Wages ( Spa ) 518.52
50102 3200 PL Staff Related Expenses 105.61
69999 3200 PL Miscellaneous ( Spa ) 7.96
30102 3300 PL Revenue - Others -860.29
30102 3300 PL Other -Commerical & Services Money -8299.72
30104 3300 PL Revenue - Transportation -1231.48
40101 3300 PL Cost Of Minibar ( Food ) 43.67
40101 3300 PL Cost Of Minibar ( Beverage ) 119.69
64012 3300 PL Transport Expenses ( MOD ) 341.18
64015 3300 PL Other Expense ( MOD ) 926.16
64015 3300 PL Payable - Service Money for August'17 5533.14
64015 3300 PL Comersial Tax for August'17 2766.57
64015 3300 PL Cost Of Souvenier 2.31
30101 3400 PL Revenue - Laundry -729.13
40101 3400 PL Cost of Laundry 10.24
50101 3400 PL Salary & Wages ( Ldy ) 151.68
50102 3400 PL Staff Related Expenses ( Ldy ) 52.80
50101 4000 PL Salary & Wages ( Admin ) 5935.22
50102 4000 PL Staff Related Exp 788.22 39.74
60107 4000 PL PS for Finance 40.15 8.70
60202 4000 PL Laundry 3.22
60202 4000 PL Data Processing - Admin 7.41
60204 4000 PL Uniform for A&G Department 5.55
60301 4000 PL Postage,Telephone,e-mail 49.48 11.11
60303 4000 PL Transportation & Labour ( Admin ) 183.89 280.26
60408 4000 PL Bank Charges ( Admin ) 10.59 16.15
60410 4000 pl Admin(Richie immagration fees) 320.56
60412 4000 PL Entertainment 282.11
60413 4000 PL Exchange A/C 5.40 -112.59
60414 4000 PL Travelling ( Admin ) 625.68
60416 4000 PL Licenses & Tax ( Admin ) 280.86
60418 4000 PL Staff Activity ( Admin ) 68.69
60421 4000 PL Staff S S B ( Admin ) 242.08
60422 4000 PL Present & Donation ( Admin ) 292.65
63011 4000 PL Rental -Office ( for August'17 ) 370.37
63013 4000 PL Medical Expenses ( Admin ) 17.44
69999 4000 PL Miscellaneous ( Admin ( 89.83
50101 5000 PL Salary & Wages ( S&M ) 570.37
50102 5000 PL Staff Related Exp - S&M 27.52
60107 5000 PL Printing & Stationery - S&M 6.85
60202 5000 PL Data Processing - S&M 7.41
60301 5000 PL Postage,Telephone, e-mail 21.26 11.11
60303 5000 PL Transportation - S&M 33.81
60407 5000 PL Advertising Exp:S & M 114.81
50101 6000 PL Salary & Wages ( Eng ) 1024.37
50102 6000 PL Staff Related Expenses 184.81
60107 6000 PL PS for Eng 0.15
60108 6000 PL Engineering Supplies 529.95
60301 6000 PL Postage,Telephone,e-mail 56.63
60306 6000 PL Motor Vehicle Expenses 75.93
61011 6000 PL Maintenance Building 2518.52
61012 6000 pl Repair & Maintanance (Geneater) 1200.00
61022 6000 PL Pool 215.93
61023 6000 PL Light & Bulb 177.78
69999 6000 PL Miscellaneous ( Eng ) 14.26
65012 7000 PL Utential Diesel 221.55
65013 7000 PL EPC Bill for July'17 2694.89
70102 8000 PL Lease Rental for August'17 400.00
80105 9000 PL Reallocation - SPA 68.61

0.00 0.00
 Total
187154.15
15855.03
18409.53
0.00
17605.16 51869.72
15815.32
-8743.50
-9447.90
21727.27 19351.20
-199.35
-6339.45 -6538.79
3184.43
15201.65
1559.26
280.85
1946.66
4093.92
69.47
49.23
199.42
324.56
213.33
471.17
3756.72
31.91
177.63
0.00
3008.23
2413.03 36981.47
27053.60
-51779.55
42849.95
9504.00
-67600.66
0.00
15741.04
12962.56
17454.54
21830.56
22910.08
21666.67
1082.40
8800.00
701.43
79281.38
7685.00
 8953.63
-14800.00
-7701.18
-91126.43
1436286.54
-17951.14
-7579.14
-11392.28
-479.32
-1738252.01
14919.42

-31584.58
3113.17
950.45
123.36
349.07
91.09
290.15
51.85
106.07
79.63
1031.35
350.44
1405.03
63.75
196.30
48.15
-13600.39
-4013.68
3026.91
747.81
4331.90
554.43
1111.11
29.86
52.84
29.22
20.89
8.42
98.96
47.41
266.67
307.35
-4102.61
518.52
105.61
7.96
-860.29
-8299.72
-1231.48
43.67
119.69
341.18
926.16
5533.14
2766.57
2.31
-729.13
10.24
151.68
52.80
5935.22
827.96
48.85
3.22
7.41
5.55
60.59
464.15
26.74
320.56
282.11
-107.19
625.68
280.86
68.69
242.08
292.65
370.37
17.44
89.83
570.37
27.52
6.85
7.41
32.37
33.81
114.81
1024.37
184.81
0.15
529.95
56.63
75.93
2518.52
1200.00
215.93
177.78
14.26
 221.55
2694.89
400.00
68.61
0.00 -14919.41
0.00
 Villa Inle Resort & Spa
Balance Sheet as at August 30 , 2017

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset ( Vehical )
Fix Asset ( Other )
Fix Asset ( Building )
Fix Asset ( Data Processing )
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable
TOTAL CURRENT LIABILITIES
NET ASSETS
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
& Spa
ust 30 , 2017

USD

12,963 12,963
21,831 21,831
22,910 22,910
15,741 15,741
21,667 21,667
19,537 19,537
79,281 79,281 107,029,856.60
7,685 7,685
17,455 17,455
19,351 19,351

238,420 238,420 321,867,653.34

51,870 53,790
27,054 27,238
42,850 41,023
(3,914)

36,981 34,742
187,154 171,054

345,909 323,933
584,329.38 562,353.42
- -

(67,601) (67,601)
(17,951) (15,132)

1,436,287 1,431,807
(6,539)
(7,701) (5,230)
(91,126) (88,360)
(14,800) (14,400)
(11,392) (11,022)
(7,579) (7,115)

(51779.55) (56077.46)
9,025 9,029
1,168,842 1,175,899
1,753,171 1,738,252

1,738,252 1,744,158
14,919 (5,906) 20,141,210.74

1,753,171 1,738,252

(0.00) (0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 Augustr 2017
Amount (USD)
Revenue 64,422
Room Revenue 31,584.58
Mini Bar Revenue
Food & Beverage 17,614.07
Other Operation Department
Phone
SPA 4,102.61
Other 860.29
Transportation 1,231.48
Laundry 729.13
Other -Commerical & Services Money 8299.72

Total Revenue 64,422

Cost of Sale
Room Expenses 8,250
Salary & Wages ( HK ) 3113.17
Staff Related Expenses 950.45
Cleaning Supplies 123.36
Guest Supplies 349.07
PS for HK 91.09
Laundry 290.15
Flowers & Decoration ( HK ) 51.85
Postage,Telephone,e-mail 106.07
Transportation & Labour ( HK ) 79.63
Complimentory Food & Beverage 1031.35
Landscaping ( HK ) 350.44
Room Commission Fee ( for August'17 ) 1405.03
Commision Fee 63.75
Utensal 196.30
Miscellaneous 48.15

Mini Bar Expenses 163

Mini Bar Cost 163.36

Food & Beverage Expenses 10,634

Food Cost 3,026.91
Beverage Cost 747.81
Salary & Wages ( F&B ) 4,331.90
Staff Related Expenses 554.43
China,Glass & Silverware 1,111.11
Cleaning Supply 29.86
Guest Supply 52.84
 PS for F&B 29.22
Laundry 20.89
Uniform for F&B Department 8.42
Postage,Telephone,e-mail 98.96
Transportation & Labour ( F&B ) 47.41
Utential GAS Cost 266.67
Miscellaneous 307.35

Other Operation Department 2,185

Salary & Wages ( Spa ) 518.52
Staff Related Expenses 105.61
Miscellaneous ( Spa ) 7.96
Transport Expenses ( MOD ) 341.18
Other Expense ( MOD ) 926.16
Cost Of Souvenier 2.31
Cost of Laundry 10.24
Salary & Wages ( Ldy ) 151.68
Staff Related Expenses ( Ldy ) 52.80
Reallocation - SPA 68.61

Tax & Services Money 8,300

Other -Commerical Tax 2,766.57
Other -Services Money 5,533.14

Total Cost of Sale 29,532

Gross Operating Profit 34,890

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 793
Salary & Wages ( S&M ) 570.37
Staff Related Exp - S&M 27.52
Printing & Stationery - S&M 6.85
Data Processing - S&M 7.41
Postage,Telephone, e-mail 32.37
Transportation - S&M 33.81
Advertising Exp:S & M 114.81

Maintance Expenses 5,998

Salary & Wages ( Eng ) 1024.37
Staff Related Expenses 184.81
PS for Eng 0.15
Engineering Supplies 529.95
Postage,Telephone,e-mail 56.63
Motor Vehicle Expenses 75.93
Maintenance Building 2518.52
Repair & Maintanance (Geneater) 1200.00
Pool 215.93
 Light & Bulb 177.78
Miscellaneous ( Eng ) 14.26

Admin & General Expenses 13,179

Salary & Wages ( Admin ) 5,935.22
Staff Related Exp 827.96
PS for Finance 48.85
Laundry 3.22
Data Processing - Admin 7.41
Uniform for A&G Department 5.55
Postage,Telephone,e-mail 60.59
Transportation & Labour ( Admin ) 464.15
Bank Charges ( Admin ) 26.74
Admin(Richie immagration fees) 320.56
Entertainment 282.11
Exchange A/C (107.19)
Travelling ( Admin ) 625.68
Licenses & Tax ( Admin ) 280.86
Staff Activity ( Admin ) 68.69
Staff S S B ( Admin ) 242.08
Present & Donation ( Admin ) 292.65
Rental -Office ( for August'17 ) 370.37
Medical Expenses ( Admin ) 17.44
Miscellaneous ( Admin ( 89.83
Utential Diesel 221.55
EPC Bill for July'17 2,694.89
Lease Rental for August'17 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 19,971

Net Operating Profit 14,919

(14,919)
-
 780
275.565

3279.65
1642.61

19208.18

64,522
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 30 September'17
Opening YGN

50102 4000 PL Staff Related Exp - Admin

50102 5000 PL Staff Related Exp - S&M

 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)

78,350.00 58.04 -

42,850.00 31.74 -
JV -Current (USD) Coso Trail

58.04 - 58.04

31.74 - 31.74
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 September'17

Opening
14122 100 BS Staff Canteen Expenses 0.002527065526
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1,982.89 2.22 467.92 2,448.59 2,450.81 2,450.81
3,202.71 - 3,202.71 -
4,517.42 - 4,517.42 -
562.44 - 562.44 -
166.02 - 166.02 -
5,862.77 - 5,862.77 -
570.37 - 570.37 -
1,010.39 - 1,010.39 -
 (0.00)
3,202.71
4,517.42
562.44
166.02
5,862.77
570.37
1,010.39
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 30TH SEPTEMBER''17

Inle YGN
11012 100 BS Cash in Hand 126239.90 90251.10
13023 100 BS A/R Guest Ledger -Inle -24435.52 43372.91
13024 100 BS City Ledger ( Agoda ) 18409.53
13024 100 BS City Ledger ( HO ) 2795885.29 -2795885.29
13024 100 BS City Ledger ( Tauck ) 17605.16
13027 100 BS Construction- pool 15152.60 662.73
13027 100 BS Construction ( Laundry ) -8743.50
13027 100 BS Construction- New Bar -9447.90
13027 100 BS Construction: Second Phase 21727.27
13032 100 BS Current HO Purchasing -397525.21 397325.86
13032 100 BS Current HO Payable - Outstanding -4898.45
14011 100 BS Inventory-Food(Store) 3284.96
14012 100 BS Inventory-Beverage(Store) 15435.09
14013 100 BS Inventory Cleaning Supply Store 1795.19
14013 100 BS Inventory - Cleaning Supplies 208.94
14014 100 BS Inventory-Guest Supplies ( Store ) 1848.91
14014 100 BS Inventory-Printing Supplies ( Store ) 4069.15
14015 100 BS Inventory - Massage Oil 88.06
14016 100 BS Inventory - Souvier 49.23
14019 100 BS Inventory-Diesel & Petrol ( Store ) 52.29
14019 100 BS Inventory Diesel,Petrol ( Generator ) 220.74
14020 100 BS Inventory-Gas 186.67
14021 100 BS Inventory - H.K'Guest Supplies 406.16
14023 100 BS Inventory Other Supply Store 3814.32
14024 100 BS Inventory - Mini Bar ( Food ) 12.61
14024 100 BS Inventory - Mini Bar ( Bev ) 114.67
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 2508.23
14126 100 BS Operation - Beverage ( Bar ) 2796.55
15012 100 BS Prepaid 14887.93 17748.87
15012 100 BS Rental Charges(Nestel Coffee Machine) 148.15
15115 100 BS AR Collection - Deposit -1066.50 -82315.96
16014 100 BS Staff Advance 10937.42 34206.60
16015 100 BS Refund 9504.00
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -738915.20 738915.21
17098 100 BS F Asset F&B 13994.71 1746.33
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) -3462.96
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 75870.18 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -15200.00
18011 200 BS Account Payable -Services Money -5613.09
18011 200 BS Account Payable -Commerical Tax -92848.88
18011 200 BS Account Payable - Columbus 118461.54 1326039.00
18011 200 BS Accrued Payable Hotel (Trade ) -16635.53
19014 200 BS Accrued Electricity -7334.70
19014 200 BS Account Payable - Office Rental (HO) -11762.65
21102 200 BS Tip for Staff -479.32
29999 200 BS Retain Earning -2017169.96 263998.54

30101 1000 PL Room Revenue -18742.36

50101 1000 PL Salary & Wages ( HK ) 3202.71
50102 1000 PL Staff Related Expenses 952.23
60102 1000 PL Cleaning Supplies 176.95
60103 1000 PL Guest Supply 482.80
60107 1000 PL PS for HK 59.36
60204 1000 PL Uniform for Room Dept 4.16
60250 1000 PL Flowers & Decoration ( HK ) 8.30
60301 1000 PL Postage,Telephone, e-mail 41.21
60303 1000 PL Transportation & Labour ( HK ) 130.00
60410 1000 PL Complimentory Food & Beverage 1327.03
60415 1000 PL Pest Control 12.03
60419 1000 PL Fruit Tray ( HK ) 130.67
61021 1000 PL Landscaping 835.09
62011 1000 PL Room Commission Fee ( for September'17 ) 368.43 35.00
62011 1000 PL Commision Fee 63.75
62013 1000 PL Operation Utensils ( HK ) 23.70
69999 1000 PL Miscellaneous 347.27
31011 2000 PL Food Revenue -8451.59
32011 2000 PL Beverage Revenue -3423.87
41011 2000 PL Food Cost 2080.41
42011 2000 PL Beverage Cost 749.17
50101 2000 PL Salary & Wages ( F&B ) 4517.42
50102 2000 PL Staff Related Expenses 598.54
60101 2000 PL China,Glass & Silverware ( F&B ) 722.22
60102 2000 PL Cleaning Supplies 72.89
60103 2000 PL Guest Supply 74.63
60107 2000 PL PS for F&B 10.06
60204 2000 PL Uniform for F&B Department 4.26
60250 2000 PL Flowers & Decoration ( F&B ) 22.22
60301 2000 PL Postage,Telephone,e-mail 34.14
60303 2000 PL Transportation & Labour ( F&B ) 92.59
60415 2000 PL Utential GAS Cost 26.66
62013 2000 PL Utensal 257.75
62016 2000 PL Music & Royalities ( F&B ) 259.26
69999 2000 PL Miscellaneous 182.10
30101 3200 PL Revenue - SPA -2592.61
50101 3200 PL Salary & Wages ( Spa ) 562.44
50102 3200 PL Staff Related Expenses 136.03
69999 3200 PL CS for Spa 1.41
30102 3300 PL Revenue - Others -862.50
30102 3300 PL Other -Commerical & Services Money -5167.38
30104 3300 PL Revenue - Transportation -911.47
40101 3300 PL Cost Of Minibar ( Food ) 55.59
40101 3300 PL Cost Of Minibar ( Beverage ) 150.07
64012 3300 PL Transport Expenses 614.91
64015 3300 PL Payable - Service Money for September'17 3444.91
64015 3300 PL Comersial Tax for September'17 1722.45
30101 3400 PL Revenue - Laundry -327.17
40101 3400 PL Cost of Laundry 96.48
50101 3400 PL Salary & Wages ( Ldy ) 166.02
50102 3400 PL Staff Related Expenses 54.41
40101 3600 PL Cost of Sale - Souvenir ( September'17 ) 151.54
50101 4000 PL Salary & Wages ( Admin ) 5862.77
50102 4000 PL Staff Related Exp 965.23 58.04
60107 4000 PL PS for Finance 103.40 0.67
60202 4000 PL Data Processing - Admin 7.41
60204 4000 PL Uniform for A&G Department 5.55
60301 4000 PL Postage,Telephone, e-mail 24.14
60303 4000 PL Transportation & Labour ( Admin ) 62.96 221.96
60408 4000 PL Bank Charges ( Admin ) 20.37
60410 4000 PL Manpower Development ( Admin ) 40.74
60413 4000 PL Exchange A/C -18.68 7.41
60416 4000 PL Licenses & Tax ( Admin ) 280.86
60418 4000 PL Staff Activity ( Admin ) 67.85
60421 4000 PL Staff S S B 255.41
60422 4000 PL Present & Donation ( Admin ) 654.78 9.85
63011 4000 PL Rental -Office ( for September'17 ) 370.37
63013 4000 PL Medical Expenses ( Admin ) 22.37
69999 4000 PL Miscellaneous ( Admin ) 46.28
50101 5000 PL Salary & Wages ( S&M ) 570.37 31.74
60107 5000 PL Printing & Stationery - S&M 0.67
60202 5000 PL Data Processing - S&M 7.41
60301 5000 PL Postage,Telephone, e-mail 28.36
60303 5000 PL Transportation - S&M 76.67
60407 5000 PL Advertising 12.31 330.96
50101 6000 PL Salary & Wages ( Eng ) 1010.39
50102 6000 PL Staff Related Expenses 190.45
60107 6000 PL PS for Eng 3.72
60108 6000 PL Engineering Supplies 829.08 28.15
60301 6000 PL Postage,Telephone,e-mail 24.14
60306 6000 PL Motor Vehicle Expenses ( Eng ) 80.07
61011 6000 PL Maintenance Building 2051.33
61019 6000 PL Painting & Renovation 1002.59
61021 6000 PL Landscaping ( Eng ) 190.74
 61022 6000 PL Pool 109.63
61023 6000 PL Light Bulb ( Eng ) 295.56
62020 6000 PL Water land Cleaning Cost 1851.85
69999 6000 PL OS for M&E 0.89
65012 7000 PL Utential Diesel 324.56
65013 7000 PL EPC Bill for September'17 2450.44
70102 8000 PL Lease Rental for August'17 400.00
80105 9000 PL Reallocation - SPA 13.16

0.00 0.00
 Total
216491.00
18937.39
18409.53
0.00
17605.16 54952.08
15815.32
-8743.50
-9447.90
21727.27 19351.20
-199.35
-4898.45 -5097.80
3284.96
15435.09
1795.19
208.94
1848.91
4069.15
88.06
49.23
52.29
220.74
186.67
406.16
3814.32
12.61
114.67
0.00
2508.23
2796.55 36891.76
32636.80
148.15
-83382.46
45144.02
9504.00
-67600.66
0.00
15741.04
12962.56
17454.54
21830.56
22910.08
-3462.96
1082.40
8800.00
701.43
79281.38
 7685.00
8953.63
-15200.00
-5613.09
-92848.88
1444500.54
-16635.53
-7334.70
-11762.65
-479.32
-1753171.42 -5567.30

-18742.36
3202.71

952.23
176.95
482.80
59.36
4.16
8.30
41.21
130.00
1327.03
12.03
130.67
835.09
403.43
63.75
23.70
347.27
-8451.59
-3423.87
2080.41
749.17
4517.42

598.54
722.22

72.89
74.63
10.06
4.26
22.22
34.14
92.59
26.66

257.75
259.26
182.10
-2592.61
562.44

136.03
1.41
-862.50
-5167.38
-911.47
55.59
150.07
614.91
3444.91
1722.45
-327.17
96.48
166.02

54.41
151.54
5862.77
1023.27
104.07
7.41
5.55
24.14
284.93
20.37
40.74
-11.27
280.86
67.85
255.41
664.63
370.37
22.37
46.28
602.11
0.67
7.41
28.36
76.67
343.27
1010.39

190.45
3.72
857.22
24.14
80.07
2051.33
1002.59
190.74
 109.63
295.56
1851.85
0.89
324.56
2450.44
400.00
13.16 5567.29
0.00
0.00 0
 Villa Inle Resort & Spa
Balance Sheet as at September 30 , 2017

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset ( Vehical )
Fix Asset ( Other )
Fix Asset ( Building )
Fix Asset ( Data Processing )
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable
TOTAL CURRENT LIABILITIES
NET ASSETS
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
& Spa
mber 30 , 2017

USD

12,963 12,963
21,831 21,831
22,910 22,910
15,741 15,741
(3,463) 21,667
19,537 19,537
79,281 79,281 107,029,856.60
7,685 7,685
17,455 17,455
19,351 19,351

213,291 238,420 321,867,653.34

54,952 51,870
32,785 27,054
45,144 42,850

36,892 36,981
216,491 187,154

386,264 345,909
599,554.67 584,329.38
- -

(67,601) (67,601)
(16,636) (17,951)

1,444,501 1,436,287
(5,098) (6,539)
(5,613) (7,701)
(92,849) (91,126)
(15,200) (14,800)
(11,763) (11,392)
(7,335) (7,579)

(83382.46) (51779.55)
9,025 9,025
1,148,049 1,168,842
1,747,604 1,753,171

1,753,171 1,738,252
(5,567) 14,919 (7,515,851.98)

1,747,604 1,738,252

(0.00) (0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 September 2017
Amount (USD)
Revenue 40,479
Room Revenue 18,742.36
Mini Bar Revenue
Food & Beverage 11,875.46
Other Operation Department
Phone
SPA 2,592.61
Other 862.50
Transportation 911.47
Laundry 327.17
Other -Commerical & Services Money 5167.38

Total Revenue 40,479

Cost of Sale
Room Expenses 8,201
Salary & Wages ( HK ) 3202.71
Staff Related Expenses 952.23
Cleaning Supplies 176.95
Guest Supply 482.80
PS for HK 59.36
Uniform for Room Dept 4.16
Flowers & Decoration ( HK ) 8.30
Postage,Telephone, e-mail 41.21
Transportation & Labour ( HK ) 130.00
Complimentory Food & Beverage 1327.03
Pest Control 12.03
Fruit Tray ( HK ) 130.67
Landscaping 835.09
Room Commission Fee ( for September'17 ) 403.43
Commision Fee 63.75
Operation Utensils ( HK ) 23.70
Miscellaneous 347.27

Mini Bar Expenses 206

Mini Bar Cost 205.66

Food & Beverage Expenses 9,704

Food Cost 2,080.41
Beverage Cost 749.17
Salary & Wages ( F&B ) 4,517.42
Staff Related Expenses 598.54
China,Glass & Silverware ( F&B ) 722.22
 Cleaning Supplies 72.89
Guest Supply 74.63
PS for F&B 10.06
Uniform for F&B Department 4.26
Flowers & Decoration ( F&B ) 22.22
Postage,Telephone,e-mail 34.14
Transportation & Labour ( F&B ) 92.59
Utential GAS Cost 26.66
Utensal 257.75
Music & Royalities ( F&B ) 259.26
Miscellaneous 182.10

Other Operation Department 1,796

Salary & Wages ( Spa ) 562.44
Staff Related Expenses 136.03
CS for Spa 1.41
Transport Expenses 614.91
Cost of Laundry 96.48
Salary & Wages ( Ldy ) 166.02
Staff Related Expenses 54.41
Cost of Sale - Souvenir ( September'17 ) 151.54
Reallocation - SPA 13.16

Tax & Services Money 5,167

Other -Commerical Tax 1,722.45
Other -Services Money 3,444.91

Total Cost of Sale 25,074

Gross Operating Profit 15,405

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 1,058
Salary & Wages ( S&M ) 602.11
Printing & Stationery - S&M 0.67
Data Processing - S&M 7.41
Postage,Telephone, e-mail 28.36
Transportation - S&M 76.67
Advertising 343.27

Maintance Expenses 7,669

Salary & Wages ( Eng ) 1010.39
Staff Related Expenses 190.45
PS for Eng 3.72
Engineering Supplies 857.22
Postage,Telephone,e-mail 24.14
Motor Vehicle Expenses ( Eng ) 80.07
Maintenance Building 2051.33
Painting & Renovation 1002.59
Landscaping ( Eng ) 190.74
 Pool 109.63
Light Bulb ( Eng ) 295.56
Water land Cleaning Cost 1851.85
OS for M&E 0.89

Admin & General Expenses 12,245

Salary & Wages ( Admin ) 5,862.77
Staff Related Exp 1,023.27
PS for Finance 104.07
Data Processing - Admin 7.41
Uniform for A&G Department 5.55
Postage,Telephone, e-mail 24.14
Transportation & Labour ( Admin ) 284.93
Bank Charges ( Admin ) 20.37
Manpower Development ( Admin ) 40.74
Exchange A/C (11.27)
Licenses & Tax ( Admin ) 280.86
Staff Activity ( Admin ) 67.85
Staff S S B 255.41
Present & Donation ( Admin ) 664.63
Rental -Office ( for September'17 ) 370.37
Medical Expenses ( Admin ) 22.37
Miscellaneous ( Admin ) 46.28
Utential Diesel 324.56
EPC Bill for September'17 2,450.44
Lease Rental for August'17 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 20,972

Net Operating Profit (5,567)

5,567
(0)
(0.00)
 780
275.565

3279.65
1642.61

19208.18

40,579
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 October'17
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
32,600.00 24.15 -
25,600.00 18.96 -
JV -Current (USD) Coso Trail
24.15 - 24.15
18.96 - 18.96
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 October'17

Opening
14122 100 BS Staff Canteen Expenses 0.000435897437
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1,590.33 7.78 449.36 2,031.91 2,039.69 2,039.69
2,991.84 - 2,991.84 -
4,073.58 - 4,073.58 -
481.48 - 481.48 -
151.41 - 151.41 -
5,817.28 - 5,817.28 -
570.37 - 570.37 -
1,011.11 - 1,011.11 -
 0.00
2,991.84
4,073.58
481.48
151.41
5,817.28
570.37
1,011.11
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31ST OCTOBER''17

Inle YGN
11012 100 BS Cash in Hand 156624.16 49009.41
13023 100 BS A/R Guest Ledger -Inle -16396.51 44,777.26
13024 100 BS City Ledger ( Agoda ) 23769.29
13024 100 BS City Ledger ( HO ) 2867095.64 (2,867,095.64)
13024 100 BS City Ledger ( Tauck ) 17605.16
13027 100 BS Construction- pool 15152.60
13027 100 BS Construction ( Laundry ) -8743.50
13027 100 BS Construction- New Bar -9447.90
13027 100 BS Construction: Second Phase 21727.27
13027 100 BS Construction- pool 0.00 662.73
13032 100 BS Yangon Purchase -411842.11 411642.77
13032 100 BS Current HO Payable - Outstanding -12884.00
14011 100 BS Inventory-Food(Store) 3495.64
14012 100 BS Inventory-Beverage(Store) 15039.14
14013 100 BS Inventory Cleaning Supply Store 1764.38
14013 100 BS Inventory - Cleaning Supplies 293.71
14014 100 BS Inventory-Guest Supplies ( Store ) 1700.12
14014 100 BS Inventory-Printing Supplies ( Store ) 4047.20
14015 100 BS Inventory - Massage Oil 98.99
14016 100 BS Inventory - Souvier 48.23
14019 100 BS Inventory-Diesel & Petrol ( Store ) 492.45
14019 100 BS Inventory Diesel,Petrol ( Generator ) 163.34
14020 100 BS Inventory-Gas 404.45
14021 100 BS Inventory - H.K'Guest Supplies 559.23
14023 100 BS Inventory Other Supply Store 3940.50
14024 100 BS Inventory - Mini Bar ( Food ) 36.31
14024 100 BS Inventory - Mini Bar ( Bev ) 128.11
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 4073.31
14126 100 BS Operation - Beverage ( Bar ) 2773.49
15012 100 BS Prepaid 15041.70 17748.87
15012 100 BS Rental Charges(Nestel Coffee Machine) 148.15
15115 100 BS AR Collection - Deposit -1066.50 -88780.96
16014 100 BS Staff Advance 27139.66 35406.60
16015 100 BS Refund 9507.00
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -776399.20 776399.21
17098 100 BS F Asset F&B 16789.75 1746.33
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) -3462.96
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 75870.18 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -15600.00
18011 200 BS Account Payable -Services Money -13174.32
18011 200 BS Account Payable -Commerical Tax -98351.99
18011 200 BS Account Payable - Columbus 118461.54 1397319.00
18011 200 BS Accrued Payable Hotel (Trade ) -20333.48
19014 200 BS Accrued Electricity -8068.03
19014 200 BS Account Payable - Office Rental (HO) -12133.02
21102 200 BS Tip for Staff -479.32
29999 200 BS Retain Earning -2012418.59 264814.46

30101 1000 PL Room Revenue -72117.00

50101 1000 PL Salary & Wages ( HK ) 2991.84
50102 1000 PL Staff Related Expenses 808.14
60101 1000 PL China,Glass & Silverware 116.36
60102 1000 PL Cleaning Supplies 124.27
60103 1000 PL Guest Supplies 481.43
60107 1000 PL PS for HK 96.36
60202 1000 PL Laundry 194.55
60204 1000 PL Uniform for Room Dept 4.16
60250 1000 PL Flowers & Decoration 28.44
60301 1000 PL Postage,Telephone,e-mail 21.15
60303 1000 PL Transportation & Labour ( HK ) 164.81
60410 1000 PL Complimentory Food & Beverage 1129.02
60415 1000 PL Pest Control 8.95
61021 1000 PL Landscaping ( HK ) 216.30
62011 1000 PL Room Commission Fee ( for October'17 ) 1065.91
62011 1000 PL Commision Fee 63.67
62013 1000 PL Operating-HK Accessories 8.15
69999 1000 PL Miscellaneous ( HK ) 452.52
31011 2000 PL Food Revenue -22230.90
32011 2000 PL Beverage Revenue -8197.63
41011 2000 PL Food Cost 7004.68
42011 2000 PL Beverage Cost 2488.93
50101 2000 PL Salary & Wages ( F&B ) 4073.58
50102 2000 PL Staff Related Expenses 461.80
60101 2000 PL China,Glass & Silverware 515.29
60102 2000 PL Cleaning Supply 38.89
60103 2000 PL Guest Supply 86.02
60107 2000 PL PS for F&B 15.37
60202 2000 PL Laundry 14.97
60204 2000 PL Uniform for F&B Department 4.26
60301 2000 PL Postage,Telephone, e-mail 21.16
60303 2000 PL Transportation & Labour ( F&B ) 128.15
60415 2000 PL Utential GAS Cost 400.00
69999 2000 PL Miscellaneous ( F&B ) 87.15
30101 3200 PL Revenue - SPA -4849.13
50101 3200 PL Salary & Wages ( Spa ) 481.48
50102 3200 PL Staff Related Expenses 115.45
69999 3200 PL Uniform for Spa 2.01
30102 3300 PL Revenue - Others -3378.18
30102 3300 PL Other -Commerical & Services Money -16509.34
30104 3300 PL Revenue - Transportation -1543.28
40101 3300 PL Cost Of Minibar ( Food ) 75.55
40101 3300 PL Cost Of Minibar ( Beverage ) 264.10
64012 3300 PL Transport Expenses ( MOD ) 586.59
64015 3300 PL Other Expense ( MOD ) 953.75
64015 3300 PL Payable - Service Money for October'17 11006.23
64015 3300 PL Comersial Tax for October'17 5503.11
64015 3300 PL Cost Of Souvenier 22.00
30101 3400 PL Revenue - Laundry -1054.78
40101 3400 PL Cost of Laundry 14.77
50101 3400 PL Salary & Wages ( Ldy ) 151.41
50102 3400 PL Staff Related Expenses 46.18
50101 4000 PL Salary & Wages ( Admin ) 5817.28
50102 4000 PL Staff Related Exp 1167.82 24.15
60107 4000 PL PS for Finance 136.44 5.19
60202 4000 PL Laundry 5.63
60202 4000 PL Data Processing - Admin 7.41
60204 4000 PL Uniform for A&G Department 5.55
60301 4000 PL Postage,Telephone, e-mail 10.58 14.81
60303 4000 PL Transportation & Labour ( Admin ) 52.59 319.52
60408 4000 PL Bank Charges ( Admin ) 3.30 20.00
60413 4000 PL Exchange A/C -85.41 7.41
60416 4000 PL Licenses & Tax ( Admin ) 280.86
60418 4000 PL Staff Activity ( Admin ) 108.81
60421 4000 PL Staff S S B 246.12
60422 4000 PL Present & Donation 1132.07
63011 4000 PL Rental -Office ( for October'17 ) 370.37
63013 4000 PL Medical Expenses ( Admin ) 33.56
69999 4000 PL Miscellaneous ( Admin ) 68.07
50101 5000 PL Salary & Wages ( S&M ) 570.37
50102 5000 PL Staff Related Exp - S&M 18.96
60107 5000 PL Printing & Stationery - S&M 0.89
60202 5000 PL Data Processing - S&M 7.41
60301 5000 PL Postage,Telephone, e-mail 21.21 14.81
60303 5000 PL Transportation - S&M 27.07
60407 5000 PL Advertising Exp:S & M 746.70
50101 6000 PL Salary & Wages ( Eng ) 1011.11
50102 6000 PL Staff Related Expenses 161.63
60107 6000 PL PS for Eng 3.55
60108 6000 PL Engineering Supplies 632.83
60301 6000 PL Postage,Telephone, e-mail 10.58
61011 6000 PL Maintenance Building 4354.00
61018 6000 PL Maintenance WaterSupply 92.89
61019 6000 PL Painting & Renovation 917.78
61021 6000 PL Landscaping ( Eng ) 37.04
 61023 6000 PL Light & Bulb 81.48
65012 7000 PL Utential Diesel 166.29
65013 7000 PL EPC Bill for October'17 3183.78
70102 8000 PL Lease Rental for August'17 400.00
80105 9000 PL Reallocation - SPA 98.63
3200 69999 PL PS for Spa 0.15

0.00 0.00
 Total
205633.57
28380.75
23769.29
0.00
17605.16 69755.20
15152.60
-8743.50
-9447.90
21727.27
662.73 19351.20
-199.35
-12884.00 -13083.34
3495.64
15039.14
1764.38
293.71
1700.12
4047.20
98.99
48.23
492.45
163.34
404.45
559.23
3940.50
36.31
128.11
0.00
4073.31
2773.49 39058.61
32790.57
148.15
-89847.46
62546.26
9507.00
-67600.66
0.00
18536.08
12962.56
17454.54
21830.56
22910.08
-3462.96
1082.40
8800.00
701.43
 79281.38
7685.00
8953.63
-15600.00
-13174.32
-98351.99
1515780.54
-20333.48
-8068.03
-12133.02
-479.32
-1747604.13
65030.05

-72117.00
2991.84
808.14
116.36
124.27
481.43
96.36
194.55
4.16
28.44
21.15
164.81
1129.02
8.95
216.30
1065.91
63.67
8.15
452.52
-22230.90
-8197.63
7004.68
2488.93
4073.58
461.80
515.29
38.89
86.02
15.37
14.97
4.26
21.16
128.15
400.00
87.15
-4849.13
 481.48
115.45
2.01
-3378.18
-16509.34
-1543.28
75.55
264.10
586.59
953.75
11006.23
5503.11
22.00
-1054.78
14.77
151.41
46.18
5817.28
1191.97
141.62
5.63
7.41
5.55
25.39
372.11
23.30
-78.00
280.86
108.81
246.12
1132.07
370.37
33.56
68.07
570.37
18.96
0.89
7.41
36.02
27.07
746.70
1011.11
161.63
3.55
632.83
10.58
4354.00
92.89
917.78
37.04
 81.48
166.29
3183.78
400.00
98.63
0.15 -65030.05
0.00
0.00 0.00
 Villa Inle Resort & Spa
Balance Sheet as at October 31 , 2017

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset ( Vehical )
Fix Asset ( Other )
Fix Asset ( Building )
Fix Asset ( Data Processing )
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable
TOTAL CURRENT LIABILITIES
NET ASSETS
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
& Spa
ber 31 , 2017

USD

12,963 12,963
21,831 21,831
22,910 22,910
18,536 15,741
(3,463) (3,463)
19,537 19,537
79,281 79,281 107,029,856.60
7,685 7,685
17,455 17,455
19,351 19,351

216,086 213,291 287,942,653.34

69,755 54,952
32,939 32,785
62,546 45,144

39,059 36,892
205,634 216,491

409,932 386,264
626,018.26 599,554.67
- -

(67,601) (67,601)
(20,333) (16,636)

1,515,781 1,444,501
(13,083) (5,098)
(13,174) (5,613)
(98,352) (92,849)
(15,600) (15,200)
(12,133) (11,763)
(8,068) (7,335)

(89847.46) (83382.46)
9,028 9,025
1,186,616 1,148,049
1,812,634 1,747,604

1,747,604 1,753,171
65,030 (5,567) 87,790,566.90

1,812,634 1,747,604

(0.00) (0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 October 2017
Amount (USD)
Revenue 129,880
Room Revenue 72,117.00
Mini Bar Revenue
Food & Beverage 30,428.53
Other Operation Department
Phone
SPA 4,849.13
Other 3,378.18
Transportation 1,543.28
Laundry 1,054.78
Other -Commerical & Services Money 16509.34

Total Revenue 129,880

Cost of Sale
Room Expenses 7,976
Salary & Wages ( HK ) 2991.84
Staff Related Expenses 808.14
China,Glass & Silverware 116.36
Cleaning Supplies 124.27
Guest Supplies 481.43
PS for HK 96.36
Laundry 194.55
Uniform for Room Dept 4.16
Flowers & Decoration 28.44
Postage,Telephone,e-mail 21.15
Transportation & Labour ( HK ) 164.81
Complimentory Food & Beverage 1129.02
Pest Control 8.95
Landscaping ( HK ) 216.30
Room Commission Fee ( for October'17 ) 1065.91
Commision Fee 63.67
Operating-HK Accessories 8.15
Miscellaneous ( HK ) 452.52

Mini Bar Expenses 340

Mini Bar Cost 339.65

Food & Beverage Expenses 15,340

Food Cost 7,004.68
Beverage Cost 2,488.93
Salary & Wages ( F&B ) 4,073.58
 Staff Related Expenses 461.80
China,Glass & Silverware 515.29
Cleaning Supply 38.89
Guest Supply 86.02
PS for F&B 15.37
Laundry 14.97
Uniform for F&B Department 4.26
Postage,Telephone, e-mail 21.16
Transportation & Labour ( F&B ) 128.15
Utential GAS Cost 400.00
Miscellaneous ( F&B ) 87.15

Other Operation Department 2,472

Salary & Wages ( Spa ) 481.48
Staff Related Expenses 115.45
Uniform for Spa 2.01
Transport Expenses ( MOD ) 586.59
Other Expense ( MOD ) 953.75
Cost Of Souvenier 22.00
Cost of Laundry 14.77
Salary & Wages ( Ldy ) 151.41
Staff Related Expenses 46.18
Reallocation - SPA 98.63
PS for Spa 0.15

Tax & Services Money 16,509

Other -Commerical Tax 5,503.11
Other -Services Money 11,006.23

Total Cost of Sale 42,638

Gross Operating Profit 87,243

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 1,407
Salary & Wages ( S&M ) 570.37
Staff Related Exp - S&M 18.96
Printing & Stationery - S&M 0.89
Data Processing - S&M 7.41
Postage,Telephone, e-mail 36.02
Transportation - S&M 27.07
Advertising Exp:S & M 746.70

Maintance Expenses 7,303

Salary & Wages ( Eng ) 1011.11
 Staff Related Expenses 161.63
PS for Eng 3.55
Engineering Supplies 632.83
Postage,Telephone, e-mail 10.58
Maintenance Building 4354.00
Maintenance WaterSupply 92.89
Painting & Renovation 917.78
Landscaping ( Eng ) 37.04
Light & Bulb 81.48

Admin & General Expenses 13,502

Salary & Wages ( Admin ) 5,817.28
Staff Related Exp 1,191.97
PS for Finance 141.62
Laundry 5.63
Data Processing - Admin 7.41
Uniform for A&G Department 5.55
Postage,Telephone, e-mail 25.39
Transportation & Labour ( Admin ) 372.11
Bank Charges ( Admin ) 23.30
Exchange A/C (78.00)
Licenses & Tax ( Admin ) 280.86
Staff Activity ( Admin ) 108.81
Staff S S B 246.12
Present & Donation 1,132.07
Rental -Office ( for October'17 ) 370.37
Medical Expenses ( Admin ) 33.56
Miscellaneous ( Admin ) 68.07
Utential Diesel 166.29
EPC Bill for October'17 3,183.78
Lease Rental for August'17 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 22,213

Net Operating Profit 65,030

(65,030)
-
 780
275.565

3279.65
1642.61

19208.18

129,980
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 30 November'17
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
33,150.00 24.56 -
48,550.00 35.96 -
JV -Current (USD) Coso Trail
24.56 - 24.56
35.96 - 35.96
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 November'17

Opening
Account code Department BS / PL Particular Debit Credit
11012 100 BS Cash in Hand 156624.15685
13023 100 BS A/R Guest Ledger -Inle 16396.5111153
13024 100 BS City Ledger ( Agoda ) 23769.29
13024 100 BS City Ledger ( HO ) 2,867,095.64
13024 100 BS City Ledger ( Tauck ) 17605.16
13027 100 BS Construction- pool 15152.597272727
13027 100 BS Construction ( Laundry ) 8743.499090909
13027 100 BS Construction- New Bar 9447.896363636
13027 100 BS Construction: Second Phase 21727.27
13032 100 BS Yangon Purchase 411842.1120148
14011 100 BS Inventory-Food(Store) 3,495.64
14012 100 BS Inventory-Beverage(Store) 15,039.14
14013 100 BS Inventory Cleaning Supply Store 1764.3779426815
14013 100 BS Inventory - Cleaning Supplies 293.71111111111
14014 100 BS Inventory-Guest Supplies ( Store ) 1700.118999223
14014 100 BS Inventory-Printing Supplies ( Store ) 4047.2046516492
14015 100 BS Inventory - Massage Oil 98.988848277317
14016 100 BS Inventory - Souvier 48.23
14019 100 BS Inventory-Diesel & Petrol ( Store ) 492.44635068635
14019 100 BS Inventory Diesel,Petrol ( Generator ) 163.34
14020 100 BS Inventory-Gas 404.45264180264
14021 100 BS Inventory - H.K'Guest Supplies 559.23074074074
14023 100 BS Inventory Other Supply Store 3,940.50
14024 100 BS Inventory - Mini Bar ( Food ) 36.31
14024 100 BS Inventory - Mini Bar ( Bev ) 128.11
14122 100 BS Staff Canteen Expenses 0.0025270655258
14125 100 BS Operation - Food 4073.3110226377
14126 100 BS Operation - Beverage ( Bar ) 2773.4907407407
15012 100 BS Prepaid 15041.702609823
15115 100 BS AR Collection - Deposit 1066.5
16014 100 BS Staff Advance 27139.663307619
16103 100 BS Supsend 14868.94
16303 100 BS Current A/C Cash Remittance 776399.2045861
17098 100 BS F Asset F&B 16789.749987683
17100 100 BS F Asset(Eng)
17101 100 BS F Asset ( Brick Fance ) 12962.555555556
17101 100 BS F Asset Land & Building 17454.542727273
17102 100 BS Fixed Asset ( Office Equipment ) 21830.564502252
17102 100 BS Fixed Asset ( HK ) 22910.075767778
17105 100 BS Fixed Asset ( Venical ) 3462.962962963
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.4
17105 100 BS Fixed Asset - Fire Fighting Set 8800
17105 100 BS F Asset 701.43333333333
17105 100 BS Construction ( HOD House, Office, Store ) 75870.17525641
17105a 100 BS F Asset ( CCTV ) 8953.6296296296
18011 200 BS Account Payable - Lease Rental -15600
18011 200 BS Account Payable -Services Money 13174.32
18011 200 BS Account Payable -Commerical Tax 98351.99407464
18011 200 BS Account Payable - Columbus 118461.53846154
18011 200 BS Accrued Payable Hotel (Trade ) 20333.4764509
19014 200 BS Accrued Electricity 8068.029866356
19014 200 BS Account Payable - Office Rental (HO) 12133.02045584
21102 200 BS Tip for Staff 479.32
29999 200 BS Retain Earning 2078662.977201
30101 1000 PL Room Revenue
50101 1000 PL Salary & Wages ( HK )

50102 1000 PL Staff Related Expenses

60101 1000 PL China,Glass & Silverware ( F&B )
60102 1000 PL Cleaning Supplies
60103 1000 PL Guest Supplies
60107 1000 PL PS for HK
60202 1000 PL Laundry
60204 1000 PL Uniform for Room Dept
60250 1000 PL Flower & Decoration
60301 1000 PL Postage,Telephone, e-mail
60303 1000 PL Transportation & Labour ( HK )
60410 1000 PL Complimentory Food & Beverage
60415 1000 PL Pest Control
61021 1000 PL Landscaping ( HK )
62011 1000 PL Room Commission Fee ( for November'17 )
62011 1000 PL Commision Fee
69999 1000 PL Miscellaneous ( FO )
31011 2000 PL Food Revenue
32011 2000 PL Beverage Revenue
41011 2000 PL Food Cost
42011 2000 PL Beverage Cost
50101 2000 PL Salary & Wages ( F&B )
50102 2000 PL Staff Related Expenses
60101 2000 PL China,Glass & Silverware
60102 2000 PL Cleaning Supplies ( HK )
60103 2000 PL Guest Supply
60107 2000 PL PS for F&B
60202 2000 PL Laundry
60204 2000 PL Uniform for F&B Department
60301 2000 PL Postage,Telephone, e-mail
60303 2000 PL Transportation & Labour ( F&B )
60415 2000 PL Utential GAS Cost
69999 2000 PL Miscellaneous
30101 3200 PL Revenue - SPA
50101 3200 PL Salary & Wages ( Spa )
50102 3200 PL Staff Related Expenses
69999 3200 PL Miscellaneous ( Spa )
30102 3300 PL Revenue - Others
30102 3300 PL Other -Commerical & Services Money
30104 3300 PL Revenue - Transportation
40101 3300 PL Cost Of Minibar ( Food )
40101 3300 PL Cost Of Minibar ( Beverage )
64012 3300 PL Transport Expenses ( MOD )
64015 3300 PL Other Expense ( MOD )
64015 3300 PL Payable - Service Money for November'17
64015 3300 PL Comersial Tax for November'17
64015 3300 PL Cost Of Souvenier
30101 3400 PL Revenue - Laundry
40101 3400 PL Cost of Laundry
50101 3400 PL Salary & Wages ( Ldy )
50102 3400 PL Staff Related Expenses
50101 4000 PL Salary & Wages ( Admin )
50102 4000 PL Staff Related Exp
60107 4000 PL PS for Finance
60202 4000 PL Laundry
60204 4000 PL Uniform for A&G Department
60301 4000 PL Postage,Telephone, e-mail
60303 4000 PL Transportation & Labour ( Admin )
60413 4000 PL Exchange A/C
60416 4000 PL Licenses & Tax ( Admin )
60418 4000 PL Staff Activity ( Admin )
60421 4000 PL Staff S S B ( Admin )
60422 4000 PL Present & Donation ( Admin )
63011 4000 PL Rental -Office ( for November'17 )
63013 4000 PL Medical Expenses ( Admin )
69999 4000 PL Miscellenous
50101 5000 PL Salary & Wages ( S&M )
60301 5000 PL Postage,Telephone, e-mail
60407 5000 PL Advertising ( Side minder )
60414 5000 PL Marketing Promotion ( S&M )
60414 5000 PL Expense for Japan Tirp ( GM )
60414 5000 PL Travelling ( ITB- GM )
69999 5000 PL Miscellenous
50101 6000 PL Salary & Wages ( Eng )
50102 6000 PL Staff Related Expenses
60107 6000 PL PS for Eng
60108 6000 PL Engineering Supplies
60301 6000 PL Postage,Telephone, e-mail
60306 6000 PL Motor Vehicle Expenses
61011 6000 PL Maintenance Building
61018 6000 PL Maintenance WaterSupply
61022 6000 PL Pool
61023 6000 PL Light & Bulb
69999 6000 PL OS for M&E
65012 7000 PL Utential Diesel
65013 7000 PL EPC Bill for November'17
70102 8000 PL Lease Rental for November'17
80105 9000 PL Reallocation - SPA
3,473,430.76 3,473,430.76
(0.005)
 USD JV Coso
Debit Credit Debit Credit Debit Credit
173,333.68 156,233.40 329,957.84 156,233.40
45,098.21 194,201.93 146,601.46 194,201.93 208,096.18
23,769.29 -
146,601.46 3,013,697.10 -
17,605.16 -
2,875.50 15,152.60 2,875.50
603.00 - 9,346.50
651.58 - 10,099.48
21,727.27 -
12,331.68 - 424,173.79
422.22 2,156.76 2,345.00 6,074.63 2,345.00
17.78 4,875.48 5,239.26 19,932.40 5,239.26
1,510.41 748.48 3,274.79 748.48
668.88 523.39 962.59 523.39
980.52 464.78 2,680.64 464.78
87.93 31.11 201.40 4,166.24 201.40
67.41 15.98 45.47 182.38 45.47
30.92 48.23 30.92
279.26 438.27 771.71 438.27
236.44 217.78 399.78 217.78
205.92 404.45 205.92
51.63 425.73 451.64 1,036.59 451.64
247.26 286.99 427.58 4,474.75 427.58
55.55 65.17 91.86 65.17
274.87 312.15 402.98 312.15
1,167.93 4.44 735.20 1,898.68 1,903.13 1,903.12
1,825.19 6,723.02 8,619.25 12,621.51 8,619.25
4,924.50 4,099.38 7,697.99 4,099.38
388.89 98.68 15,430.59 98.68
- 1,066.50
4,962.96 19,108.06 32,102.63 19,108.06
- 14,868.94
66,585.00 - 842,984.20
16,789.75 -
744.44 - 744.44 -
12,962.56 -
17,454.54 -
21,830.56 -
22,910.08 -
38,870.37 38,870.37 3,462.96
1,082.40 -
8,800.00 -
701.43 -
75,870.18 -
8,953.63 -
 400.00 (15,600.00) 400.00
11,006.00 16,395.51 11,006.00 29,569.83
8,197.76 - 106,549.75
118,461.54 -
7,365.90 7,147.26 7,365.90 27,480.73
3,183.78 3,248.96 3,183.78 11,316.99
370.37 - 12,503.39
- 479.32
- 2,078,662.98
- 112,959.66 - 112,959.66
2,962.54 - 2,962.54 -

755.17 - 755.17 -
373.22 - 225.00 598.22 -
199.56 - 199.56 -
602.86 - 602.86 -
2.96 120.88 - 123.84 -
274.83 - 274.83 -
4.16 - 4.16 -

102.96 37.04 - 140.00 -

85.96 - 85.96 -
106.67 - 106.67 -
307.78 311.84 - 619.62 -
9.39 - 9.39 -
87.04 - 4.83 91.87 -
574.56 - 574.56 -
63.67 - 63.67 -
67.78 - 67.78 -
- 29,787.82 - 29,787.82
- 13,579.86 - 13,579.86
8,217.65 - 8,217.65 -
3,880.81 - 3,880.81 -
4,438.83 - 4,438.83 -

517.82 - 517.82 -
1,251.01 - 1,251.01 -
20.00 - 70.49 90.49 -
75.71 - 75.71 -
12.74 - 12.74 -
23.94 - 23.94 -
40.00 4.26 - 44.26 -
85.97 - 85.97 -
82.59 - 82.59 -
205.92 - 205.92 -
347.45 - 347.45 -
- 5,258.26 - 5,258.26
477.04 - 477.04 -

86.30 - 86.30 -
4.81 - 1.56 6.37 -
- 5,888.32 - 5,888.32
 - 24,593.26 - 24,593.26
- 669.75 - 669.75
65.17 - 65.17 -
312.15 - 312.15 -
248.52 - 27.55 276.07 -
910.56 - 910.56 -
16,395.51 - 16,395.51 -
8,197.76 - 8,197.76 -
135.92 - 135.92 -
- 1,465.00 - 1,465.00
20.52 - 20.52 -
168.89 - 168.89 -

43.15 - 43.15 -
5,688.48 - 5,688.48 -
653.54 - 653.54 -
5.93 46.93 - 52.86 -
4.54 - 4.54 -
5.55 - 5.55 -
42.98 - 42.98 -
229.04 - 229.04 -
70,600.00 71,131.81 70,600.00 71,131.81
17,894.47 - 17,894.47 -
232.04 - 232.04 -
246.12 - 13.33 259.45 -
185.19 - 7.33 192.52 -
370.37 - 370.37 -
22.04 - 22.04 -
4.12 - 4.12 -
570.37 - 570.37 -
21.20 - 21.20 -
436.00 - 436.00 -
241.21 - 241.21 -
1,954.17 - 1,954.17 -
2,941.39 - 2,941.39 -
1.83 - 1.83 -
1,027.24 - 1,027.24 -

151.03 - 151.03 -
4.75 - 4.75 -
270.96 - 571.84 842.80 -
42.98 - 42.98 -
1,214.89 - 1,214.89 -
988.89 - 4,130.08 5,118.97 -
11.41 - 188.30 199.70 -
211.11 - 211.11 -
69.63 - 69.63 -
26.92 - 26.92 -
217.78 - 217.78 -
3,248.96 - 3,248.96 -
400.00 - 400.00 -
45.47 - 45.47 -
 - -
- - - -
- -
358,160.92 358,160.93 419,458.21 419,458.21 4,251,049.89 4,251,049.90
(0.00) 0.00 (0.00)

4,251,049.90

31.1111111111111
104.222222222222
Inle
173,724.44
(13,894.25)
23,769.29
3,013,697.10
17,605.16
12,277.10
(9,346.50)
(10,099.48)
21,727.27 3278.07 18,449.20
(424,173.79) 1873.24 (426,047.03)
3,729.63
14,693.14 14692.4 0.74
2,526.31
439.20
2,215.86 #REF!
3,964.84
136.91 136.58 0.33 68.19 (0.78)
17.31
333.44
182.00
198.53
584.95 588.09 (3.14)
4,047.17
26.69
90.83
0.00
4,002.26 4,002.23 0.04 6,411.91 (311.11)
3,598.61
15,331.92
(1,066.50)
12,994.57
(14,868.94)
(842,984.20)
16,789.75
744.44
12,962.56
17,454.54
21,830.56
22,910.08
35,407.41
1,082.40
8,800.00
701.43
75,870.18
8,953.63
 (16,000.00)
(18,563.83)
(106,549.75)
118,461.54
(20,114.84)
(8,133.22)
(12,503.39)
(479.32)
(2,078,662.98)
(112,959.66)
2,962.54

755.17
598.22
199.56
602.86
123.84
274.83
4.16

140.00
85.96
106.67
619.62
9.39
91.87
574.56
63.67
67.78
(29,787.82)
(13,579.86)
8,217.65
3,880.81
4,438.83

517.82
1,251.01
90.49
75.71
12.74
23.94
44.26
85.97
82.59
205.92
347.45
(5,258.26)
477.04

86.30
6.37
(5,888.32)
(24,593.26)
(669.75)
65.17
312.15
276.07
910.56
16,395.51
8,197.76
135.92
(1,465.00)
20.52
168.89

43.15
5,688.48
653.54
52.86
4.54
5.55
42.98
229.04
(531.81)
17,894.47
232.04
259.45
192.52
370.37
22.04
4.12
570.37
21.20
436.00
241.21
1,954.17
2,941.39
1.83
1,027.24

151.03
4.75
842.80
42.98
1,214.89
5,118.97
199.70
211.11
69.63
26.92
217.78
3,248.96
400.00
45.47
 -
-
-
(0.00)

569,997.00
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 30th NOVEMBER''17

Inle YGN
11012 100 BS Cash in Hand 173724.44 94335.96
13023 100 BS A/R Guest Ledger -Inle -13894.25 115037.72
13024 100 BS City Ledger ( Agoda ) 23769.29
13024 100 BS City Ledger ( HO ) 3013697.10 -3013697.10
13024 100 BS City Ledger ( Tauck ) 17605.16
13027 100 BS Construction- pool 12277.10 662.73
13027 100 BS Construction ( Laundry ) -9346.50
13027 100 BS Construction- New Bar -10099.48
13027 100 BS Construction: Second Phase 21727.27
13032 100 BS Yangon Purchase -424173.79 423974.45
13032 100 BS Current HO Payable - Outstanding -8878.20
14011 100 BS Inventory-Food(Store) 3729.63
14012 100 BS Inventory-Beverage(Store) 14693.14
14013 100 BS Inventory Cleaning Supply Store 2526.31
14013 100 BS Inventory - Cleaning Supplies 439.20
14014 100 BS Inventory-Guest Supplies ( Store ) 2215.86
14014 100 BS Inventory-Printing Supplies ( Store ) 3964.84
14015 100 BS Inventory - Massage Oil 136.91
14016 100 BS Inventory - Souvier 17.31
14019 100 BS Inventory-Diesel & Petrol ( Store ) 333.44
14019 100 BS Inventory Diesel,Petrol ( Generator ) 182.00
14020 100 BS Inventory-Gas 198.53
14021 100 BS Inventory - H.K'Guest Supplies 584.95
14023 100 BS Inventory Other Supply Store 4047.17
14024 100 BS Inventory - Mini Bar ( Food ) 26.69
14024 100 BS Inventory - Mini Bar ( Bev ) 90.83
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 4002.26
14126 100 BS Operation - Beverage ( Bar ) 3598.61
15012 100 BS Prepaid 15331.92 17748.87
15012 100 BS Rental Charges(Nestel Coffee Machine) 148.15
15115 100 BS AR Collection - Deposit -1066.50 -159400.96
16014 100 BS Staff Advance 12994.57 35,406.60
16015 100 BS Refund 9057.00
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -842984.20 842984.21
17098 100 BS F Asset F&B 16789.75 1746.33
17100 100 BS F Asset(Eng) 744.44
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) 35407.41
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 75870.18 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -16000.00
18011 200 BS Account Payable -Services Money -18563.83
18011 200 BS Account Payable -Commerical Tax -106549.75
18011 200 BS Account Payable - Columbus 118461.54 1416063.00
18011 200 BS Accrued Payable Hotel (Trade ) -20114.84
19014 200 BS Accrued Electricity -8133.22
19014 200 BS Account Payable - Office Rental (HO) -12503.39
21102 200 BS Tip for Staff -479.32
29999 200 BS Retain Earning -2078662.98 266028.80

30101 1000 PL Room Revenue -112959.66

50101 1000 PL Salary & Wages ( HK ) 2962.54
50102 1000 PL Staff Related Expenses 755.17
60101 1000 PL China,Glass & Silverware ( F&B ) 598.22
60102 1000 PL Cleaning Supplies 199.56
60103 1000 PL Guest Supplies 602.86
60107 1000 PL PS for HK 123.84
60202 1000 PL Laundry 274.83
60204 1000 PL Uniform for Room Dept 4.16
60250 1000 PL Flower & Decoration 140.00
60301 1000 PL Postage,Telephone, e-mail 85.96
60303 1000 PL Transportation & Labour ( HK ) 106.67
60410 1000 PL Complimentory Food & Beverage 619.62
60415 1000 PL Pest Control 9.39
61021 1000 PL Landscaping ( HK ) 91.87
62011 1000 PL Room Commission Fee ( for November'17 ) 574.56
62011 1000 PL Commision Fee 63.67
69999 1000 PL Miscellaneous ( FO ) 67.78
31011 2000 PL Food Revenue -29787.82
32011 2000 PL Beverage Revenue -13579.86
41011 2000 PL Food Cost 8217.65
42011 2000 PL Beverage Cost 3880.81
50101 2000 PL Salary & Wages ( F&B ) 4438.83
50102 2000 PL Staff Related Expenses 517.82
60101 2000 PL China,Glass & Silverware 1251.01
60102 2000 PL Cleaning Supplies ( HK ) 90.49
60103 2000 PL Guest Supply 75.71
60107 2000 PL PS for F&B 12.74
60202 2000 PL Laundry 23.94
60204 2000 PL Uniform for F&B Department 44.26
60301 2000 PL Postage,Telephone, e-mail 85.97
60303 2000 PL Transportation & Labour ( F&B ) 82.59
60415 2000 PL Utential GAS Cost 205.92
69999 2000 PL Miscellaneous 347.45
30101 3200 PL Revenue - SPA -5258.26
50101 3200 PL Salary & Wages ( Spa ) 477.04
50102 3200 PL Staff Related Expenses 86.30
69999 3200 PL Miscellaneous ( Spa ) 6.37
30102 3300 PL Revenue - Others -5888.32
30102 3300 PL Other -Commerical & Services Money -24593.26
30104 3300 PL Revenue - Transportation -669.75
40101 3300 PL Cost Of Minibar ( Food ) 65.17
40101 3300 PL Cost Of Minibar ( Beverage ) 312.15
64012 3300 PL Transport Expenses ( MOD ) 276.07
64015 3300 PL Other Expense ( MOD ) 910.56
64015 3300 PL Payable - Service Money for November'17 16395.51
64015 3300 PL Comersial Tax for November'17 8197.76
64015 3300 PL Cost Of Souvenier 135.92
30101 3400 PL Revenue - Laundry -1465.00
40101 3400 PL Cost of Laundry 20.52
50101 3400 PL Salary & Wages ( Ldy ) 168.89
50102 3400 PL Staff Related Expenses 43.15
50101 4000 PL Salary & Wages ( Admin ) 5688.48
50102 4000 PL Staff Related Exp 653.54 24.56
60107 4000 PL PS for Finance 52.86
60202 4000 PL Laundry 4.54
60202 4000 PL Data Processing - Admin 7.41
60204 4000 PL Uniform for A&G Department 5.55
60301 4000 PL Postage,Telephone, e-mail 42.98 11.11
60303 4000 PL Transportation & Labour ( Admin ) 229.04 362.48
60408 4000 PL Bank Services Expenses 20.00
60413 4000 PL Exchange A/C -531.81 -72.59
60416 4000 PL Licenses & Tax ( Admin ) 17894.47
60418 4000 PL Staff Activity ( Admin ) 232.04
60421 4000 PL Staff S S B ( Admin ) 259.45
60422 4000 PL Present & Donation ( Admin ) 192.52
63011 4000 PL Rental -Office ( for November'17 ) 370.37
63013 4000 PL Medical Expenses ( Admin ) 22.04
69999 4000 PL Miscellenous 4.12
50101 5000 PL Salary & Wages ( S&M ) 570.37
50102 5000 PL Staff Related Exp - S&M 35.96
60107 5000 PL Printing & Stationery - S&M 1.63
60202 5000 PL Data Processing - S&M 7.41
60301 5000 PL Postage,Telephone, e-mail 21.20 11.11
60303 5000 PL Transportation - S & M 8.89
60407 5000 PL Advertising ( Side minder ) 436.00
60414 5000 PL Marketing Promotion ( S&M ) 241.21
60414 5000 PL Expense for Japan Tirp ( GM ) 1954.17
60414 5000 PL Travelling ( ITB- GM ) 2941.39
69999 5000 PL Miscellenous 1.83
50101 6000 PL Salary & Wages ( Eng ) 1027.24
50102 6000 PL Staff Related Expenses 151.03
60107 6000 PL PS for Eng 4.75
60108 6000 PL Engineering Supplies 842.80
60301 6000 PL Postage,Telephone, e-mail 42.98
60306 6000 PL Motor Vehicle Expenses 1214.89
61011 6000 PL Maintenance Building 5118.97
61018 6000 PL Maintenance WaterSupply 199.70
61022 6000 PL Pool 211.11
61023 6000 PL Light & Bulb 69.63
69999 6000 PL OS for M&E 26.92
65012 7000 PL Utential Diesel 217.78
65013 7000 PL EPC Bill for November'17 3248.96
70102 8000 PL Lease Rental for November'17 400.00
80105 9000 PL Reallocation - SPA 45.47

0.00 0.00
 Total
268060.40 173724.441
101143.47 13894.2511
23769.29 23769.29
0.00 3013697.1
17605.16 142517.92 17605.16
12939.82 12277.0973
-9346.50 9346.49909
-10099.48 10099.4764
21727.27 15221.12 21727.27
-199.35 424173.793
-8878.20 -9077.54
3729.63 3729.62796
14693.14 14693.1382
2526.31 2526.30535
439.20 439.201111
2215.86 2215.85752
3964.84 3964.84169
136.91 136.906256
17.31 17.31
333.44 333.43561
182.00 182
198.53 198.532642
584.95 584.95037
4047.17 4047.17265
26.69 26.69
90.83 90.83
0.00 0.00141595
4002.26 4002.26399
3598.61 40787.68 3598.61074
33080.79 15331.9163
148.15
-160467.46 1066.5
48401.17 12994.5683
9057.00
-67600.66 14868.94
0.00 842984.205
18536.08 16789.75
744.44 744.444444
12962.56 12962.5556
17454.54 17454.5427
21830.56 21830.5645
22910.08 22910.0758
35407.41 35407.4074
1082.40 1082.4
8800.00 8800
 701.43 701.433333
79281.38 75870.1753
7685.00
8953.63 8953.62963
-16000.00 16000
-18563.83 18563.83
-106549.75 106549.754
1534524.54 118461.538
-20114.84 19920.3913
-8133.22 8133.21505
-12503.39 12503.3908
-479.32 479.32
-1812634.18 96024.09 2078663

-112959.66 112959.66
2962.54 2962.53763

755.17 755.17
598.22 598.217778
199.56 199.56
602.86 602.86
123.84 123.842963
274.83 274.83
4.16 4.16

140.00 140
85.96 21.1425926
106.67 106.666667
619.62 619.617778
9.39 9.39
91.87 91.867037
574.56 574.56
63.67 63.67
67.78 67.7774074
-29787.82 29787.82
-13579.86 13579.86
8217.65 8217.65
3880.81 3880.81
4438.83 4438.82915

517.82 517.82
1251.01 1251.01098
90.49 90.49
75.71 75.71
12.74 12.74
23.94 23.94
44.26 44.2592593
85.97 21.1525926
82.59 82.5925926
205.92 205.92
347.45 347.450948
 -5258.26 5258.26
477.04 477.037037

86.30 86.3
6.37 6.37481481
-5888.32 5888.32
-24593.26 24593.26
-669.75 669.75
65.17 65.17
312.15 312.15
276.07 276.068519
910.56 910.5589
16395.51 16395.51
8197.76 8197.76
135.92 135.92
-1465.00 1465
20.52 20.52
168.89 168.888889

43.15 43.15
5688.48 5688.48268
678.10 653.54
52.86 52.8559259
4.54 4.54
7.41
5.55 5.54888889
54.09 10.5759259
591.52 229.037037
20.00
-604.41 531.814815
17894.47 17894.4696
232.04 232.037037
259.45 259.45
192.52 192.515185
370.37 370.37037
22.04 22.037037
4.12 4.124
570.37 570.37037
35.96
1.63
7.41
32.31 21.2
8.89
436.00 436
241.21 241.205926
1954.17 1954.17407
2941.39 2941.3913
1.83 1.83
1027.24 1027.24014

151.03 151.03
4.75 4.75
 842.80 842.804074
42.98 10.5759259
1214.89 1214.89259
5118.97 5118.96889
199.70 199.703704
211.11 211.111111
69.63 69.6296296
26.92 26.92
217.78 217.78
3248.96 3248.96296
400.00 400
45.47 -96024.09 45.47
0.00 3771980.28 3771980.29
0.00 0.00
 Villa Inle Resort & Spa
Balance Sheet as at November 30 , 2017

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset ( Vehical )
Fix Asset ( Other )
Fix Asset ( Building )
Fix Asset ( Data Processing )
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable
TOTAL CURRENT LIABILITIES
NET ASSETS
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
& Spa
mber 30 , 2017

USD

12,963 12,963
21,831 21,831
22,910 22,910
18,536 18,536
35,407 (3,463)
19,580 19,537
79,983 79,281 107,976,791.60
7,685 7,685
17,455 17,455
15,221 19,351

251,571 216,086 291,715,953.60

142,518 69,755
33,229 32,939
48,401 62,546

40,788 39,059
268,060 205,634

532,996 409,932
784,566.73 626,018.26
- -

(67,601) (67,601)
(20,115) (20,333)
1,534,525
1,515,781
(9,078) (13,083)
(18,564) (13,174)
(106,550) (98,352)
(16,000) (15,600)
(12,503) (12,133)
(8,133) (8,068)

(160467.46) (89847.46)
8,578 9,028
1,124,092 1,186,616
1,908,658 1,812,634

1,812,634 1,747,604
96,024 65,030 129,632,517.89

1,908,658 1,747,604

(0.00) (0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 November 2017
Amount (USD)
Revenue 194,202
Room Revenue 112,959.66
Mini Bar Revenue
Food & Beverage 43,367.68
Other Operation Department
Phone
SPA 5,258.26
Other 5,888.32
Transportation 669.75
Laundry 1,465.00
Other -Commerical & Services Money 24593.26

Total Revenue 194,202

Cost of Sale
Room Expenses 7,281
Salary & Wages ( HK ) 2962.54
Staff Related Expenses 755.17
China,Glass & Silverware ( F&B ) 598.22
Cleaning Supplies 199.56
Guest Supplies 602.86
PS for HK 123.84
Laundry 274.83
Uniform for Room Dept 4.16
Flower & Decoration 140.00
Postage,Telephone, e-mail 85.96
Transportation & Labour ( HK ) 106.67
Complimentory Food & Beverage 619.62
Pest Control 9.39
Landscaping ( HK ) 91.87
Room Commission Fee ( for November'17 ) 574.56
Commision Fee 63.67
Miscellaneous ( FO ) 67.78

Mini Bar Expenses 377

Mini Bar Cost 377.32

Food & Beverage Expenses 19,275

Food Cost 8,217.65
Beverage Cost 3,880.81
Salary & Wages ( F&B ) 4,438.83
Staff Related Expenses 517.82
 China,Glass & Silverware 1,251.01
Cleaning Supplies ( HK ) 90.49
Guest Supply 75.71
PS for F&B 12.74
Laundry 23.94
Uniform for F&B Department 44.26
Postage,Telephone, e-mail 85.97
Transportation & Labour ( F&B ) 82.59
Utential GAS Cost 205.92
Miscellaneous 347.45

Other Operation Department 2,125

Salary & Wages ( Spa ) 477.04
Staff Related Expenses 86.30
Miscellaneous ( Spa ) 6.37
Transport Expenses ( MOD ) 276.07
Other Expense ( MOD ) 910.56
Cost Of Souvenier 135.92
Cost of Laundry 20.52
Salary & Wages ( Ldy ) 168.89
Staff Related Expenses 43.15

Tax & Services Money 24,593

Other -Commerical Tax 8,197.76
Other -Services Money 16,395.51

Total Cost of Sale 53,651

Gross Operating Profit 140,551

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 6,277
Salary & Wages ( S&M ) 570.37
Staff Related Exp - S&M 35.96
Printing & Stationery - S&M 1.63
Data Processing - S&M 7.41
Postage,Telephone, e-mail 32.31
Transportation - S & M 8.89
Advertising ( Side minder ) 436.00
Marketing Promotion ( S&M ) 241.21
Expense for Japan Tirp ( GM ) 1954.17
Travelling ( ITB- GM ) 2941.39
Miscellenous 1.83
Reallocation - SPA 45.47

Maintance Expenses 8,910

Salary & Wages ( Eng ) 1027.24
Staff Related Expenses 151.03
PS for Eng 4.75
 Engineering Supplies 842.80
Postage,Telephone, e-mail 42.98
Motor Vehicle Expenses 1214.89
Maintenance Building 5118.97
Maintenance WaterSupply 199.70
Pool 211.11
Light & Bulb 69.63
OS for M&E 26.92

Admin & General Expenses 29,340

Salary & Wages ( Admin ) 5,688.48
Staff Related Exp 678.10
PS for Finance 52.86
Laundry 4.54
Data Processing - Admin 7.41
Uniform for A&G Department 5.55
Postage,Telephone, e-mail 54.09
Transportation & Labour ( Admin ) 591.52
Bank Services Expenses 20.00
Exchange A/C (604.41)
Licenses & Tax ( Admin ) 17,894.47
Staff Activity ( Admin ) 232.04
Staff S S B ( Admin ) 259.45
Present & Donation ( Admin ) 192.52
Rental -Office ( for November'17 ) 370.37
Medical Expenses ( Admin ) 22.04
Miscellenous 4.12
Utential Diesel 217.78
EPC Bill for November'17 3,248.96
Lease Rental for November'17 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 44,527

Net Operating Profit 96,024

(96,024)
-
 780
275.565

3279.65
1642.61

19208.18

194,302
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 December'17
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
41,700.00 30.89 -
41,700.00 30.89 -
JV -Current (USD) Coso Trail
30.89 - 30.89
30.89 - 30.89
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 December'17

Opening
14122 100 BS Staff Canteen Expenses 0.0014159544146
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1,382.94 2.22 1,076.26 2,456.99 2,459.21 2,459.21
3,494.07 - 3,494.07 -
4,401.90 - 4,401.90 -
492.59 - 492.59 -
168.89 - 168.89 -
5,820.25 - 5,820.25 -
570.37 - 570.37 -
681.73 - 681.73 -
 (0.00)
3,494.07
4,401.90
492.59
168.89
5,820.25
570.37
681.73
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31sg DECEMBER''17

Inle YGN
11012 100 BS Cash in Hand 216624.20 56458.30
13023 100 BS A/R Guest Ledger -Inle 11141.63 -17149.45
13024 100 BS City Ledger ( Agoda ) 25686.59
13024 100 BS City Ledger ( HO ) 3126671.93 -3126671.93
13027 100 BS Construction- pool 9401.60
13027 100 BS Construction ( Laundry ) -9949.50
13027 100 BS Construction- New Bar -10751.06
13027 100 BS Construction: Second Phase 21727.27

13027 100 BS Construction ( Brick ) Swimming Pool (Fix

asset ) 662.73
13032 100 BS Yangon Purchase -435781.78 435582.44
13032 100 BS Current HO Payable - Outstanding -10286.59
14011 100 BS Inventory-Food(Store) 4046.22
14012 100 BS Inventory-Beverage(Store) 14530.64
14013 100 BS Inventory Cleaning Supply Store 1874.29
14013 100 BS Inventory - Cleaning Supplies 472.21
14014 100 BS Inventory-Guest Supplies ( Store ) 1784.02
14014 100 BS Inventory-Printing Supplies ( Store ) 3784.50
14015 100 BS Inventory - Massage Oil 147.81
14016 100 BS Inventory - Souvier 68.31
14019 100 BS Inventory-Diesel & Petrol ( Store ) 141.49
14019 100 BS Inventory Diesel,Petrol ( Generator ) 163.70
14020 100 BS Inventory-Gas 352.61
14021 100 BS Inventory - H.K'Guest Supplies 821.84
14023 100 BS Inventory Other Supply Store 4125.60
14024 100 BS Inventory - Mini Bar ( Food ) 14.80
14024 100 BS Inventory - Mini Bar ( Bev ) 115.65
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 5041.98
14126 100 BS Operation - Beverage ( Bar ) 3863.32
15012 100 BS Prepaid 15370.40 18119.24
15012 100 BS Rental Charges(Nestel Coffee Machine) 148.15
15115 100 BS AR Collection - Deposit -3135.50 -101609.96
16014 100 BS Staff Advance 10875.72 35406.60
16015 100 BS Refund 10499.00
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -900114.95 900114.95
17098 100 BS F Asset F&B 16789.75 1746.33
17100 100 BS F Asset(Eng) 744.44
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) 37648.15
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 75870.18 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -16400.00
18011 200 BS Account Payable -Services Money -16796.67
18011 200 BS Account Payable -Commerical Tax -102080.51
18011 200 BS Account Payable - Columbus 118461.54 1571682.00
18011 200 BS Accrued Payable Hotel (Trade ) -19561.29
19014 200 BS Accrued Electricity -8402.10
19014 200 BS Account Payable - Office Rental (HO) -12873.76
21102 200 BS Tip for Staff -479.32
29999 200 BS Retain Earning -2175105.03 266446.76

30101 1000 PL Room Revenue -98112.26

50101 1000 PL Salary & Wages ( HK ) 3494.07
50102 1000 PL Staff Related Expenses 1028.51
60101 1000 PL China,Glass & Silverware ( F&B ) 66.67
60102 1000 PL Cleaning Supplies 388.19
60103 1000 PL Guest Supplies 763.66
60107 1000 PL PS for HK 106.02
60202 1000 PL Laundry 190.34
60204 1000 PL Uniform for Room Dept 10.18
60250 1000 PL Flowers & Decoration ( HK ) 356.22
60301 1000 PL Postage,Telephone, e-mail 85.96
60303 1000 PL Transportation & Labour ( HK ) 141.48
60410 1000 PL Complimentory Food & Beverage 850.61
60415 1000 PL Pest Control 9.52
61021 1000 PL Landscaping ( HK ) 138.98
62011 1000 PL Room Commission Fee ( for December'17 ) 1020.19
62011 1000 PL Commision Fee 63.67
69999 1000 PL Miscellaneous ( FO ) 58.89
31011 2000 PL Food Revenue -30255.35
32011 2000 PL Beverage Revenue -9606.77
41011 2000 PL Food Cost 9172.06
42011 2000 PL Beverage Cost 2977.32
50101 2000 PL Salary & Wages ( F&B ) 4401.90
50102 2000 PL Staff Related Expenses 571.39
60101 2000 PL China,Glass & Silverware 317.46
60102 2000 PL Cleaning Supplies ( HK ) 84.23
60103 2000 PL Guest Supply 89.73
60107 2000 PL PS for F&B 22.29
60201 2000 PL Computer for F&B 253.85
60202 2000 PL Laundry 16.34
60204 2000 PL Uniform for F&B Department 7.02
60250 2000 PL Flowers & Decoration ( F&B ) 228.89
60301 2000 PL Postage,Telephone,e-mail 85.96
60303 2000 PL Transportation & Labour ( F&B ) 60.74
60415 2000 PL Utential GAS Cost 450.37
62016 2000 PL Music & Royalities ( F&B ) 620.37
62016 2000 PL X'mas ( F&B ) 109.63
69999 2000 PL Miscellaneous ( F&B ) 703.87
30101 3100 PL Revenue - Phone -30.43
30101 3200 PL Revenue - SPA -5741.30
50101 3200 PL Salary & Wages ( Spa ) 492.59
50102 3200 PL Staff Related Expenses 114.28
69999 3200 PL Miscellaneous ( Spa ) 3.00
30102 3300 PL Revenue - Others -5233.46
30102 3300 PL Other -Commerical & Services Money -21941.76
30104 3300 PL Revenue - Transportation -1718.83
40101 3300 PL Cost Of Minibar ( Food ) 84.45
40101 3300 PL Cost Of Minibar ( Beverage ) 245.03
64012 3300 PL Transport Expenses ( MOD ) 579.72
64015 3300 PL Other Expense ( MOD ) 1148.59
64015 3300 PL Payable - Service Money for December'17 14627.84
64015 3300 PL Comersial Tax for December'17 7313.92
64015 3300 PL Cost Of Souvenier 116.15
30101 3400 PL Revenue - Laundry -813.48
40101 3400 PL Cost of Laundry 12.49
50101 3400 PL Salary & Wages ( Ldy ) 168.89
50102 3400 PL Staff Related Expenses 57.14
50101 4000 PL Salary & Wages ( Admin ) 5820.25
50102 4000 PL Staff Related Exp 1449.79 30.89
60107 4000 PL PS for Finance 65.33
60202 4000 PL Laundry 7.34
60202 4000 PL Data Processing - Admin 7.41
60204 4000 PL Uniform for A&G Department 7.52
60301 4000 PL Postage,Telephone, e-mail 42.98 12.96
60303 4000 PL Transportation & Labour ( Admin ) 106.41 381.11
60408 4000 PL Bank Services Expenses 40.00
60410 4000 PL Manpower Development ( Admin ) 333.33
60413 4000 PL Exchange A/C -273.32 -77.78
60416 4000 PL Licenses & Tax ( Admin ) 280.86
60418 4000 PL Staff Activity 36.11
60421 4000 PL Staff S S B 233.90
60422 4000 PL Present & Donation ( Admin ) 232.00
63011 4000 PL Rental -Office ( for December'17 ) 370.37
69999 4000 PL Miscellaneous ( Admin ) 38.74
50101 5000 PL Salary & Wages ( S&M ) 570.37
50102 5000 PL Staff Related Exp - S&M 30.89
60202 5000 PL Data Processing - S&M 7.41
60301 5000 PL Postage,Telephone, e-mail 14.13 12.96
60303 5000 PL Transportation - S&M 26.67
60407 5000 PL Advertising ( Side minder ) 109.00 12.22
60414 5000 PL Expense for ITB Trip ( GM ) 1470.70
60414 5000 PL Expense for Japan Trip ( GM ) 500.00
50101 6000 PL Salary & Wages ( Eng ) 681.73
50102 6000 PL Staff Related Expenses 171.42
60107 6000 PL PS for Eng 3.38
60108 6000 PL Engineering Supplies 645.17 2.22
60204 6000 PL Uniform for M&E 1.70
60301 6000 PL Postage,Telephone, e-mail 42.98
60306 6000 PL Motor Vehicle Expenses 3.70
61011 6000 PL Maintenance Building 4786.87
61016 6000 PL Maintenance Furniture,Fixture 184.81
61018 6000 PL Maintenance WaterSupply 155.70
61019 6000 PL Painting & Renovation ( Eng ) 7.78
61022 6000 PL Pool 162.96
61023 6000 PL Light Bulb ( Eng ) 373.93
69999 6000 PL OS for M&E 1.89
65012 7000 PL Utential Diesel 80.37
65013 7000 PL EPC Bill for December'17 3517.85
70102 8000 PL Lease Rental for December'17 400.00
80105 9000 PL Reallocation - SPA 147.69

0.00 0.00
 Total
273082.50
-6007.82
25686.59 19678.77
0.00
9401.60
-9949.50
-10751.06
21727.27

662.73 11091.04
-199.35
-10286.59 -10485.94
4046.22
14530.64
1874.29
472.21
1784.02
3784.50
147.81
68.31
141.49
163.70
352.61
821.84
4125.60
14.80
115.65
0.00
5041.98
3863.32 41349.00
33489.64
148.15 33637.79
-104745.46
46282.33
10499.00
-67600.66
0.00
18536.08
744.44
12962.56
17454.54
21830.56
22910.08
37648.15
1082.40
8800.00
 701.43
79281.38
7685.00
8953.63
-16400.00
-16796.67
-102080.51
1690143.54
-19561.29
-8402.10
-12873.76
-479.32
-1908658.27 96270.23

-98112.26
3494.07

1028.51
66.67
388.19
763.66
106.02
190.34
10.18
356.22
85.96
141.48
850.61
9.52
138.98
1020.19
63.67
58.89
-30255.35
-9606.77
9172.06
2977.32
4401.90

571.39
317.46
84.23
89.73
22.29
253.85
16.34
7.02
228.89
85.96
60.74
 450.37
620.37
109.63
703.87
-30.43
-5741.30
492.59

114.28
3.00
-5233.46
-21941.76
-1718.83
84.45
245.03
579.72
1148.59
14627.84
7313.92
116.15
-813.48
12.49
168.89

57.14
5820.25
1480.68
65.33
7.34
7.41
7.52
55.95
487.52
40.00
333.33
-351.09
280.86
36.11
233.90
232.00
370.37
38.74
570.37
30.89
7.41
27.09
26.67 173724.441
121.22 13894.2511
1470.70 3013697.1
500.00 17605.16
681.73 12277.0973
 171.42 10099.4764
3.38 21727.27
647.39 424173.793
1.70
42.98 3729.62796
3.70 14693.1382
4786.87 2526.30535
184.81 439.201111
155.70 2215.85752
7.78 3964.84169
162.96 136.906256
373.93 17.31
1.89 333.43561
80.37 182
3517.85 198.532642
400.00 584.95037
147.69 -96270.23 4047.17265
0.00 3272100.35 448167.52
0.00 0.00
 Villa Inle Resort & Spa
Balance Sheet as at December 31 , 2017

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset ( Vehical )
Fix Asset ( Other )
Fix Asset ( Building )
Fix Asset ( Data Processing )
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable
TOTAL CURRENT LIABILITIES
NET ASSETS
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
& Spa
mber 31 , 2017

USD

12,963 12,963
21,831 21,831
22,910 22,910
18,536 18,536
37,648 35,407
20,282 19,580
79,281 79,983 107,029,856.60
7,685 7,685
17,455 17,455
11,091 15,221

249,681 251,571 339,620,345.60

19,679 142,518
33,638 33,229
46,282 48,401

41,349 40,788
273,082 268,060

414,030 532,996
663,711.67 784,566.73
- -

(67,601) (67,601)
(19,561) (20,115)
1,534,525
1,690,144
(10,486) (9,078)
(16,797) (18,564)
(102,081) (106,550)
(16,400) (16,000)
(12,874) (12,503)
(8,402) (8,133)

(104745.46) (160467.46)
10,020 8,578
1,341,217 1,124,092
2,004,928 1,908,658

1,908,658 1,812,634
96,270 96,024 129,964,806.26

2,004,928 1,908,658

(0.00) (0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 December 2017

Revenue
Room Revenue 98,112.26
Mini Bar Revenue
Food & Beverage 39,862.12
Other Operation Department
Phone 30.43
SPA 5,741.30
Other 5,233.46
Transportation 1,718.83
Laundry 813.48
Other -Commerical & Services Money 21941.76

Total Revenue

Cost of Sale
Room Expenses
Salary & Wages ( HK ) 3494.07
Staff Related Expenses 1028.51
China,Glass & Silverware ( F&B ) 66.67
Cleaning Supplies 388.19
Guest Supplies 763.66
PS for HK 106.02
Laundry 190.34
Uniform for Room Dept 10.18
Flowers & Decoration ( HK ) 356.22
Postage,Telephone, e-mail 85.96
Transportation & Labour ( HK ) 141.48
Complimentory Food & Beverage 850.61
Pest Control 9.52
Landscaping ( HK ) 138.98
Room Commission Fee ( for December'17 ) 1020.19
Commision Fee 63.67
Miscellaneous ( FO ) 58.89

Mini Bar Expenses

Mini Bar Cost 329.48

Food & Beverage Expenses

Food Cost 9,172.06
Beverage Cost 2,977.32
Salary & Wages ( F&B ) 4,401.90

Staff Related Expenses 571.39

China,Glass & Silverware 317.46
Cleaning Supplies ( HK ) 84.23
Guest Supply 89.73
PS for F&B 22.29
 Computer for F&B 253.85
Laundry 16.34
Uniform for F&B Department 7.02
Flowers & Decoration ( F&B ) 228.89
Postage,Telephone,e-mail 85.96
Transportation & Labour ( F&B ) 60.74
Utential GAS Cost 450.37
Music & Royalities ( F&B ) 620.37
X'mas ( F&B ) 109.63
Miscellaneous ( F&B ) 703.87

Other Operation Department

Salary & Wages ( Spa ) 492.59
Staff Related Expenses 114.28
Miscellaneous ( Spa ) 3.00
Transport Expenses ( MOD ) 579.72
Other Expense ( MOD ) 1148.59
Cost Of Souvenier 116.15
Cost of Laundry 12.49
Salary & Wages ( Ldy ) 168.89
Staff Related Expenses 57.14
Reallocation - SPA 147.69

Tax & Services Money

Other -Commerical Tax 7,313.92
Other -Services Money 14,627.84

Total Cost of Sale

Gross Operating Profit

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing
Salary & Wages ( S&M ) 570.37
Staff Related Exp - S&M 30.89
Data Processing - S&M 7.41
Postage,Telephone, e-mail 27.09
Transportation - S&M 26.67
Advertising ( Side minder ) 121.22
Expense for ITB Trip ( GM ) 1470.70
Expense for Japan Trip ( GM ) 500.00

Maintance Expenses
Salary & Wages ( Eng ) 681.73
Staff Related Expenses 171.42
PS for Eng 3.38
Engineering Supplies 647.39
Uniform for M&E 1.70
Postage,Telephone, e-mail 42.98
Motor Vehicle Expenses 3.70
Maintenance Building 4786.87
Maintenance Furniture,Fixture 184.81
Maintenance WaterSupply 155.70
 Painting & Renovation ( Eng ) 7.78
Pool 162.96
Light Bulb ( Eng ) 373.93
OS for M&E 1.89

Admin & General Expenses

Salary & Wages ( Admin ) 5,820.25
Staff Related Exp 1,480.68
PS for Finance 65.33
Laundry 7.34
Data Processing - Admin 7.41
Uniform for A&G Department 7.52
Postage,Telephone, e-mail 55.95
Transportation & Labour ( Admin ) 487.52
Bank Services Expenses 40.00
Manpower Development ( Admin ) 333.33
Exchange A/C (351.09)
Licenses & Tax ( Admin ) 280.86
Staff Activity 36.11
Staff S S B 233.90
Present & Donation ( Admin ) 232.00
Rental -Office ( for December'17 ) 370.37
Miscellaneous ( Admin ) 38.74
Utential Diesel 80.37
EPC Bill for December'17 3,517.85
Lease Rental for December'17 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses

Net Operating Profit

Amount (USD)
173,454

3279.65
1642.61

19208.18

173,454 173,554

8,773

329

20,173
 2,841

21,942

54,058

119,395

2,754

7,226
13,144

23,125

96,270

96,270
-
 10
15
13
6
780 44
275.565
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 January'18
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
75,700.00 56.07 -
52,600.00 38.96 -
JV -Current (USD) Coso Trail
56.07 - 56.07
38.96 - 38.96
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 January'18

Opening
14122 100 BS Staff Canteen Expenses 0.001917378918
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1,640.25 3.33 1,078.75 2,715.66 2,719.00 2,719.00
3,556.30 - 3,556.30 -
4,406.45 - 4,406.45 -
492.59 - 492.59 -
168.89 - 168.89 -
5,964.87 - 5,964.87 -
570.37 - 570.37 -
971.57 - 971.57 -
 0.00 5043.28 1.29527365864215
3,556.30
4,406.45
492.59
168.89
5,964.87
570.37
971.57
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31sg JANUARY 2018

Inle YGN
11012 100 BS Cash in Hand 232275.63 62392.29
13023 100 BS A/R Guest Ledger -Inle -53.73 -11672.22
13024 100 BS City Ledger ( Agoda ) 25686.59
13024 100 BS City Ledger ( HO ) 3281561.66 -3281561.66
13027 100 BS Construction- pool 6526.10 662.73
13027 100 BS Construction ( Laundry ) -10552.50
13027 100 BS Construction- New Bar -11402.64
13027 100 BS Construction: Second Phase 21727.27
13032 100 BS Yangon Purchase -447602.96 447403.62
13032 100 BS Current HO Payable - Outstanding -9967.86
14011 100 BS Inventory-Food(Store) 4725.89
14012 100 BS Inventory-Beverage(Store) 13602.22
14013 100 BS Inventory Cleaning Supply Store 2232.09
14013 100 BS Inventory - Cleaning Supplies 266.93
14014 100 BS Inventory-Guest Supplies ( Store ) 1764.46
14014 100 BS Inventory-Printing Supplies ( Store ) 3869.57
14015 100 BS Inventory - Massage Oil 101.91
14016 100 BS Inventory - Souvier 58.92
14017 100 BS Inventory-Other Supply ( Store ) 3820.16
14019 100 BS Inventory-Diesel & Petrol ( Store ) 63.16
14019 100 BS Inventory Diesel,Petrol ( Generator ) 207.84
14020 100 BS Inventory-Gas 402.89
14021 100 BS Inventory - H.K'Guest Supplies 664.35
14024 100 BS Inventory - Mini Bar ( Food ) 30.39
14024 100 BS Inventory - Mini Bar ( Bev ) 127.50
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 7284.04
14126 100 BS Operation - Beverage ( Bar ) 3840.36
15012 100 BS Prepaid 15682.17 18119.24
15012 100 BS Rental Charges(Nestel Coffee Machine) 148.15
15115 100 BS AR Collection - Deposit -1641.50 -60724.46
16014 100 BS Staff Advance 9406.03 35406.60
16015 100 BS Refund 9086.84
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -921706.95 921706.95
17098 100 BS F Asset F&B 16789.75 1746.33
17100 100 BS F Asset(Eng) 744.44
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) 37648.15
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 75870.18 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
20101 100 BS Deposite Receive 0.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -16800.00
18011 200 BS Account Payable -Services Money -18249.04
18011 200 BS Account Payable -Commerical Tax -105464.18
18011 200 BS Account Payable - Columbus 118461.54 1639812.00
18011 200 BS Accrued Payable Hotel (Trade ) -19693.34
19014 200 BS Accrued Electricity -8662.84
19014 200 BS Account Payable - Office Rental (HO) -13244.13
21102 200 BS Tip for Staff -479.15
29999 200 BS Retain Earning -2271862.22 266933.72

30101 1000 PL Room Revenue -111322.89

30102 1000 PL Guide Room Revenue -104.35
50101 1000 PL Salary & Wages ( HK ) 3556.30
50102 1000 PL Staff Related Expenses 1150.16
60102 1000 PL Cleaning Supplies 164.76
60103 1000 PL Guest Supplies 769.99
60107 1000 PL PS for HK 122.64
60202 1000 PL Laundry 349.21
60204 1000 PL Uniform for Room Dept 19.23
60301 1000 PL Postage,Telephone, e-mail 155.48
60303 1000 PL Transportation & Labour ( HK ) 131.85
60410 1000 PL Complimentory Food & Beverage 679.60
60415 1000 PL Pest Control 16.09
61021 1000 PL Landscaping ( HK ) 39.11
62011 1000 PL Room Commission Fee ( for January'18 ) 466.29
62011 1000 PL Commision Fee 63.67
69999 1000 PL Miscellaneous ( HK ) 126.59
31011 2000 PL Food Revenue -30725.27
32011 2000 PL Beverage Revenue -10475.51
41011 2000 PL Food Cost 7488.38
42011 2000 PL Beverage Cost 3276.79
50101 2000 PL Salary & Wages ( F&B ) 4406.45
50102 2000 PL Staff Related Expenses 638.98
60101 2000 PL China,Glass & Silverware(F&B) 236.30
60102 2000 PL Cleaning Supplies ( HK ) 87.86
60103 2000 PL Guest Supply 75.84
60107 2000 PL PS for F&B 102.19
60202 2000 PL Laundry 16.61
60204 2000 PL Uniform for F&B Department 11.55
60250 2000 PL Flowers & Decoration ( F&B ) 429.63
60301 2000 PL Postage,Telephone, e-mail 92.86
60303 2000 PL Transportation & Labour ( F&B ) 66.67
60415 2000 PL Utential GAS Cost 572.09
69999 2000 PL Miscelleneous 738.14
30101 3200 PL Revenue - SPA -5628.70
50101 3200 PL Salary & Wages ( Spa ) 492.59
50102 3200 PL Staff Related Expenses 127.80
69999 3200 PL CS for Spa 1.41
30102 3300 PL Revenue - Others -10218.72
30102 3300 PL Other -Commerical & Services Money -24119.05
30104 3300 PL Revenue - Transportation -1095.65
40101 3300 PL Cost Of Minibar ( Food ) 93.85
40101 3300 PL Cost Of Minibar ( Beverage ) 275.63
64012 3300 PL Transport Expenses ( MOD ) 187.83
64015 3300 PL Other Expense ( MOD ) 923.19
64015 3300 PL Payable - Service Money for January'18 16079.37
64015 3300 PL Comersial Tax for January'18 8039.69
64015 3300 PL Cost Of Souvenier 124.39
30101 3400 PL Revenue - Laundry -1280.50
40101 3400 PL Cost of Laundry 20.29
50101 3400 PL Salary & Wages ( Ldy ) 168.89
50102 3400 PL Staff Related Expenses 63.90
40101 3600 PL Cost of Sale - Souvenir ( December'17 ) 240.00
50101 4000 PL Salary & Wages ( Admin ) 5964.87
50102 4000 PL Staff Related Exp 981.55 56.07
60107 4000 PL PS for Finance 59.96 22.31
60202 4000 PL Laundry 5.05
60202 4000 PL Data Processing - Admin 7.41
60204 4000 PL Uniform for A&G Department 23.35
60301 4000 PL Postage,Telephone, e-mail 89.35 27.35
60303 4000 PL Transportation & Labour ( Admin ) 7.41 289.48
60408 4000 PL Bank Charges ( Admin ) 11.44 20.30
60410 4000 PL Manpower Development ( Admin ) 275.72
60413 4000 PL Exchange A/C 337.21 44.44
60416 4000 PL Licenses & Tax ( Admin ) 280.86
60418 4000 PL Staff Activity ( Admin ) 59.37
60421 4000 PL Staff S S B 233.90
60422 4000 PL Entertainment ( Admin ) 14.81
60422 4000 PL Present & Donation ( Admin ) 851.85
63011 4000 PL Rental -Office ( for January'18 ) 370.37
63013 4000 PL Medical Expenses ( Admin ) 32.22
69999 4000 PL Miscelleneous 28.47
50101 5000 PL Salary & Wages ( S&M ) 570.37
50102 5000 PL Staff Related Exp - S&M 38.96
60107 5000 PL Printing & Stationery - S&M 59.94
60202 5000 PL Data Processing - S&M 36.67
60301 5000 PL Postage,Telephone, e-mail 141.50 27.35
60303 5000 PL Transportation - S&M 12.96
60407 5000 PL Advertising 109.00
60414 5000 PL Expense for ITB Trip 1469.70
60414 5000 PL Travelling ( S&M ) 846.67 1500.00
50101 6000 PL Salary & Wages ( Eng ) 971.57
50102 6000 PL Staff Related Expenses 223.64
60107 6000 PL PS for Eng 3.04
60108 6000 PL Engineering Supplies 1380.85
60204 6000 PL Uniform for M&E 10.75
60301 6000 PL Postage,Telephone, e-mail 82.34
61011 6000 PL Maintenance Building 4130.08
61019 6000 PL Painting & Renovation 21.78
61022 6000 PL Pool 9.63
61023 6000 PL Light Bulb ( Eng ) 3.70
61099 6000 PL Hand Tools ( Eng ) 3.70
62019 6000 PL Sewage & Rubbish Removal 133.33
69999 6000 PL OS for M&E 1.04
65012 7000 PL Utential Diesel 184.20
65013 7000 PL EPC Bill for January'18 3778.59
70102 8000 PL Lease Rental for January'18 400.00
80105 9000 PL Reallocation - SPA 123.24
3200 69999 PL PS for Spa 0.74

0.00 0.00
 Total
294667.91
-11725.95
25686.59
0.00 13960.64
7188.82
-10552.50
-11402.64
21727.27 6960.96
-199.35
-9967.86 -10167.21
4725.89
13602.22
2232.09
266.93
1764.46
3869.57
101.91
58.92
3820.16
63.16
207.84
402.89
664.35
30.39
127.50
0.00
7284.04
3840.36 43062.67
33801.41
148.15
-62365.96
44812.63
9086.84
-67600.66
0.00
18536.08
744.44
12962.56
17454.54
21830.56
22910.08
37648.15
1082.40
8800.00
701.43
79281.38
 7685.00
0.00
8953.63
-16800.00
-18249.04
-105464.18
1758273.54
-19693.34
-8662.84
-13244.13
-479.15
-2004928.50 115709.98 115709.984

-111322.89
-104.35
3556.30

1150.16
164.76
769.99
122.64
349.21
19.23
155.48
131.85
679.60
16.09
39.11
466.29
63.67
126.59
-30725.27
-10475.51
7488.38
3276.79
4406.45

638.98
236.30
87.86
75.84
102.19
16.61
11.55
429.63
92.86
66.67
572.09
738.14
 -5628.70
492.59

127.80
1.41
-10218.72
-24119.05
-1095.65
93.85
275.63
187.83
923.19
16079.37
8039.69
124.39
-1280.50
20.29
168.89

63.90
240.00
5964.87
1037.62
82.27
5.05
7.41
23.35
116.70
296.89
31.74
275.72
381.66
280.86
59.37
233.90
14.81
851.85
370.37
32.22
28.47
570.37
38.96
59.94
36.67
168.85
12.96
109.00
1469.70
2346.67
971.57

223.64
 3.04
1380.85
10.75
82.34
4130.08
21.78
9.63
3.70
3.70
133.33
1.04
184.20
3778.59
400.00
123.24
0.74
0.00 -115709.99 #REF! #REF!
0.00 0.00
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 January 2018

Revenue
Room Revenue 111,322.89
Mini Bar Revenue
Food & Beverage 41,200.78
Other Operation Department
Phone
SPA 5,628.70
Other 10,323.07
Transportation 1,095.65
Laundry 1,280.50
Other -Commerical & Services Money 24119.05

Total Revenue

Cost of Sale
Room Expenses
Salary & Wages ( HK ) 3556.30
Staff Related Expenses 1150.16
Cleaning Supplies 164.76
Guest Supplies 769.99
PS for HK 122.64
Laundry 349.21
Uniform for Room Dept 19.23
Postage,Telephone, e-mail 155.48
Transportation & Labour ( HK ) 131.85
Complimentory Food & Beverage 679.60
Pest Control 16.09
Landscaping ( HK ) 39.11
Room Commission Fee ( for January'18 ) 466.29
Commision Fee 63.67
Miscellaneous ( HK ) 126.59

Mini Bar Expenses

Mini Bar Cost 369.48

Food & Beverage Expenses

Food Cost 7,488.38
Beverage Cost 3,276.79
Salary & Wages ( F&B ) 4,406.45

Staff Related Expenses 638.98

China,Glass & Silverware(F&B) 236.30
Cleaning Supplies ( HK ) 87.86
Guest Supply 75.84
PS for F&B 102.19
Laundry 16.61
Uniform for F&B Department 11.55
 Flowers & Decoration ( F&B ) 429.63
Postage,Telephone, e-mail 92.86
Transportation & Labour ( F&B ) 66.67
Utential GAS Cost 572.09
Miscelleneous 738.14

Other Operation Department

Salary & Wages ( Spa ) 492.59
Staff Related Expenses 127.80
CS for Spa 1.41
Transport Expenses ( MOD ) 187.83
Other Expense ( MOD ) 923.19
Cost Of Souvenier 364.39
Cost of Laundry 20.29
Salary & Wages ( Ldy ) 168.89
Staff Related Expenses 63.90
Reallocation - SPA 123.24
PS for Spa 0.74

Tax & Services Money

Other -Commerical Tax 8,039.69
Other -Services Money 16,079.37

Total Cost of Sale

Gross Operating Profit

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing
Salary & Wages ( S&M ) 570.37
Staff Related Exp - S&M 38.96
Printing & Stationery - S&M 59.94
Data Processing - S&M 36.67
Postage,Telephone, e-mail 168.85
Transportation - S&M 12.96
Advertising 109.00
Expense for ITB Trip 1469.70
Travelling ( S&M ) 2346.67

Maintance Expenses
Salary & Wages ( Eng ) 971.57
Staff Related Expenses 223.64
PS for Eng 3.04
Engineering Supplies 1380.85
Uniform for M&E 10.75
Postage,Telephone, e-mail 82.34
Maintenance Building 4130.08
Painting & Renovation 21.78
Pool 9.63
Light Bulb ( Eng ) 3.70
Hand Tools ( Eng ) 3.70
Sewage & Rubbish Removal 133.33
OS for M&E 1.04
 Admin & General Expenses
Salary & Wages ( Admin ) 5,964.87
Staff Related Exp 1,037.62
PS for Finance 82.27
Laundry 5.05
Data Processing - Admin 7.41
Uniform for A&G Department 23.35
Postage,Telephone, e-mail 116.70
Transportation & Labour ( Admin ) 296.89
Bank Charges ( Admin ) 31.74
Manpower Development ( Admin ) 275.72
Exchange A/C 381.66
Licenses & Tax ( Admin ) 280.86
Staff Activity ( Admin ) 59.37
Staff S S B 233.90
Entertainment ( Admin ) 14.81
Present & Donation ( Admin ) 851.85
Rental -Office ( for January'18 ) 370.37
Medical Expenses ( Admin ) 32.22
Miscelleneous 28.47
Utential Diesel 184.20
EPC Bill for January'18 3,778.59
Lease Rental for January'18 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses

Net Operating Profit

Amount (USD)
194,971
3.07

1.14

3279.65
1642.61

19208.18

194,971 195,071

7,811

369

18,240
 2,474

24,119

53,014

141,957

4,813

6,975
 14,458

26,247

115,710

115,710
-
 10
15
13
6
780 44
275.565
 Villa Inle Resort & Spa
Balance Sheet as at January 31 , 2017

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset ( Vehical )
Fix Asset ( Other )
Fix Asset ( Building )
Fix Asset ( Data Processing )
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable
TOTAL CURRENT LIABILITIES
NET ASSETS
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
& Spa
ary 31 , 2017

USD

12,963 12,963
21,831 21,831
22,910 22,910
18,536 18,536
37,648 37,648
20,282 20,282
79,281 79,281 107,029,856.60
7,685 7,685
17,455 17,455
6,961 11,091

245,551 249,681 337,069,736.60

13,961 19,679
33,950 33,638
44,813 46,282

43,063 41,349
294,668 273,082

430,453 414,030
676,004.62 663,711.67
- -

(67,601) (67,601)
(19,693) (19,561)

1,758,274 1,690,144
(10,167) (10,486)
(18,249) (16,797)
(105,464) (102,081)
(16,800) (16,400)
(13,244) (12,874)
(8,663) (8,402)

(62365.96) (104745.46)
8,608 10,020
1,444,634 1,341,217
2,120,638 2,004,928

2,004,928 1,908,658
115,710 96,270 156,208,478.45

2,120,638 2,004,928

(0.00) (0.00)
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 28 February'18
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M
 YGN (Kyat) YGN EQ (USD) USD
34,100.00 25.26 -
34,100.00 25.26 -
JV -Current (USD) Coso Trail
25.26 - 25.26
25.26 - 25.26
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 28 February'18

Opening
14122 100 BS Staff Canteen Expenses 0.0043789173778
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 USD JV Coso
1,480.81 2.22 907.29 2385.89 2,388.11 2,388.11
3,392.86 - 3,392.86 -
4,401.96 - 4,401.96 -
480.65 - 480.65 -
143.08 - 143.08 -
6,294.38 - 6,294.38 -
570.37 - 570.37 -
1,040.38 - 1,040.38 -
 (0.00)
3,392.86
4,401.96
480.65
143.08
6,294.38
570.37
1,040.38
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 28th FEBRUARY 2018

Inle YGN
11012 100 BS Cash in Hand 230018.50 89988.21
13023 100 BS A/R Guest Ledger -Inle -2780.35 -4515.62
13024 100 BS City Ledger ( Agoda ) 19106.73
13024 100 BS City Ledger ( HO ) 3410532.76 -3410532.76
13027 100 BS Construction- pool 3650.60 662.73
13027 100 BS Construction ( Laundry ) -22558.14
13027 100 BS Construction: Second Phase 21075.69
13032 100 BS Yangon Purchase -455914.98 455715.63
13032 100 BS Current HO Payable - Outstanding -7684.51
14011 100 BS Inventory-Food(Store) 4347.83
14012 100 BS Inventory-Beverage(Store) 12513.46
14013 100 BS Inventory Cleaning Supply Store 1947.60
14013 100 BS Inventory - Cleaning Supplies 543.18
14014 100 BS Inventory-Guest Supplies ( Store ) 1869.28
14014 100 BS Inventory-Printing Supplies ( Store ) 4228.94
14015 100 BS Inventory - Massage Oil 101.78
14016 100 BS Inventory - Souvier 56.31
14017 100 BS Inventory-Other Supply ( Store ) 3847.22
14019 100 BS Inventory-Diesel & Petrol ( Store ) 238.82
14019 100 BS Inventory Diesel,Petrol ( Generator ) 159.72
14020 100 BS Inventory-Gas 213.56
14021 100 BS Inventory - H.K'Guest Supplies 679.99
14024 100 BS Inventory - Mini Bar ( Food ) 43.72
14024 100 BS Inventory - Mini Bar ( Bev ) 219.89
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 5523.61
14126 100 BS Operation - Beverage ( Bar ) 4261.99
15012 100 BS Prepaid 15817.77 18119.24
15012 100 BS Rental Charges(Nestel Coffee Machine) 148.15
15115 100 BS AR Collection - Deposit -597.50 -11969.46
16014 100 BS Staff Advance 9620.03 34061.60
16015 100 BS Refund 230.55 8771.84
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -930427.95 930427.95
17098 100 BS F Asset F&B 16789.75 1746.33
17100 100 BS F Asset(Eng) 744.44
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) 37648.15
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 75870.18 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -17200.00
18011 200 BS Account Payable -Services Money -16706.02
18011 200 BS Account Payable -Commerical Tax -106720.75 1665768.50
18011 200 BS Account Payable - Columbus 118461.54
18011 200 BS Accrued Payable Hotel (Trade ) -17262.80
19013 200 BS Accrued Salary Tax for GM ( Feb'17 ) -280.86
19014 200 BS Accrued Electricity -8336.92
19014 200 BS Account Payable - Office Rental (HO) -13614.50
21102 200 BS Tip for Staff -479.15
29999 200 BS Retain Earning -2389715.47 269076.98

30101 1000 PL Room Revenue -99776.88

30102 1000 PL Room Revenue -800.00
50101 1000 PL Salary & Wages ( HK ) 3392.86
50102 1000 PL Staff Related Expenses 982.43
60102 1000 PL Cleaning Supplies 167.21
60103 1000 PL Guest Supplies 634.22
60107 1000 PL PS for HK 114.92
60202 1000 PL Laundry 218.69
60204 1000 PL Uniform for Room Dept 19.23
60301 1000 PL Internet bill for Room 125.22
60303 1000 PL Transportation & Labour ( HK ) 140.00
60410 1000 PL Complimentory Food & Beverage 614.54
60415 1000 PL Pest Control 10.28
62011 1000 PL Room Commission Fee ( for February'18 ) 382.43
62011 1000 PL Commision Fee 63.67
62013 1000 PL Operation Utensils ( HK ) 5.56
69999 1000 PL Miscellaneous 111.49
31011 2000 PL Food Revenue -26999.42
32011 2000 PL Beverage Revenue -10493.77
41011 2000 PL Food Cost 9192.04
42011 2000 PL Beverage Cost 2151.70
50101 2000 PL Salary & Wages ( F&B ) 4401.96
50102 2000 PL Staff Related Expenses 589.46
60101 2000 PL China,Glass & Silverware 46.67
60102 2000 PL Cleaning Supply 89.37
60103 2000 PL Guest Supply 60.71
60107 2000 PL PS for F&B 14.47
60202 2000 PL Laundry 35.19
60204 2000 PL Uniform for F&B Department 11.55
60301 2000 PL Internet bill for F&B 69.64
60303 2000 PL Transportation & Labour ( F&B ) 81.19
60415 2000 PL Utential GAS Cost 340.44
69999 2000 PL Miscelleneous 465.87
30101 3200 PL Revenue - SPA -5267.83
50101 3200 PL Salary & Wages ( Spa ) 480.65
50102 3200 PL Staff Related Expenses 112.28
69999 3200 PL CS for Spa 1.41
30102 3300 PL Revenue - Others -2868.64
30102 3300 PL Other -Commerical & Services Money -21803.96
30104 3300 PL Revenue - Transportation -661.22
40101 3300 PL Cost Of Minibar ( Food ) 55.56
40101 3300 PL Cost Of Minibar ( Beverage ) 192.46
64014 3300 PL Transportation Expense 91.60
64015 3300 PL Other Expense ( MOD ) 1074.09
64015 3300 PL Payable - Service Money for February'18 14535.98
64015 3300 PL Comersial Tax for February'18 7267.99
30101 3400 PL Revenue - Laundry -1115.65
40101 3400 PL Cost of Laundry 16.55
50101 3400 PL Salary & Wages ( Ldy ) 143.08
50102 3400 PL Staff Related Expenses 56.14
50101 4000 PL Salary & Wages ( Admin ) 6294.38
50102 4000 PL Staff Related Exp 778.25 25.26
60107 4000 PL PS for Finance 77.41
60202 4000 PL Laundry 5.52
60202 4000 PL Data Processing - Admin 7.41
60204 4000 PL Uniform for A&G Department 49.28
60301 4000 PL Internet bill for A&G 66.15
60303 4000 PL Transportation & Labour ( Admin ) 14.81 206.30
60408 4000 PL Bank Charges ( Admin ) 10.19 10.00
60413 4000 PL Exchange A/C 794.67 148.15
60416 4000 PL Salary Tax for GM ( Feb'18 ) 280.86
60418 4000 PL Staff Activity ( Admin ) 248.57
60422 4000 PL Entertainment ( Admin ) 148.15
60422 4000 PL Present & Donation ( Admin ) 709.63
63011 4000 PL Rental -Office ( for February'18 ) 370.37
63013 4000 PL Medical Expenses ( Admin ) 4.43
50101 5000 PL Salary & Wages ( S&M ) 570.37 25.26
60202 5000 PL Data Processing - S&M 7.41
60301 5000 PL Postage,Telephone, e-mail 125.29
60407 5000 PL Advertising 109.00 800.00
60414 5000 PL Travelling Expense ( GM ) ITB 1152.89 620.93
50101 6000 PL Salary & Wages ( Eng ) 1040.38
50102 6000 PL Staff Related Expenses 196.49
60107 6000 PL PS for Eng 3.41
60108 6000 PL Engineering 372.85
60204 6000 PL Uniform for M&E 10.75
60301 6000 PL Internet bill for M&E 66.15
60306 6000 PL Motor Vehicle Expenses 353.56
61011 6000 PL Maintenance Building 4818.97
61016 6000 PL Maintenance Furniture,Fixture 34.07
61018 6000 PL Maintenance WaterSupply 122.37
61019 6000 PL Painting & Renovation 718.39
61023 6000 PL Light & Bulb 89.63
69999 6000 PL OS for M&E 1.11
65012 7000 PL Utential Diesel 111.91
65013 7000 PL EPC Bill for February'18 3452.67
70102 8000 PL Lease Rental for February'18 400.00
80105 9000 PL Reallocation - SPA 29.18

0.00 0.00
 Total
320006.71
-7295.97
19106.73 11810.76
0.00
4313.32
-22558.14
21075.69 2830.88
-199.35
-7684.51 -7883.86
4347.83
12513.46
1947.60
543.18
1869.28
4228.94
101.78
56.31
3847.22
238.82
159.72
213.56
679.99
43.72
219.89
0.00
5523.61
4261.99 40796.90
33937.01
148.15
-12566.96
43681.63
9002.39
-67600.66
0.00
18536.08
744.44
12962.56
17454.54
21830.56
22910.08
37648.15
1082.40
8800.00
701.43
79281.38
7685.00
 8953.63
-17200.00
-16706.02
1559047.75
118461.54
-17262.80
-280.86
-8336.92
-13614.50
-479.15
-2120638.49 95743.76

-99776.88
-800.00
3392.86

982.43
167.21
634.22
114.92
218.69
19.23
125.22
140.00
614.54
10.28
382.43
63.67
5.56
111.49
-26999.42
-10493.77
9192.04
2151.70
4401.96

589.46
46.67
89.37
60.71
14.47
35.19
11.55
69.64
81.19
340.44
465.87
-5267.83
480.65

112.28
 1.41
-2868.64
-21803.96
-661.22
55.56
192.46
91.60
1074.09
14535.98
7267.99
-1115.65
16.55
143.08

56.14
6294.38
803.51
77.41
5.52
7.41
49.28
66.15
221.11
20.19
942.82
280.86
248.57
148.15
709.63
370.37
4.43
595.63
7.41
125.29
909.00
1773.82
1040.38

196.49
3.41
372.85
10.75
66.15
353.56
4818.97
34.07
122.37
718.39
89.63
1.11
111.91
3452.67
400.00
29.18 -95743.76
0.00 #REF! #REF!
0.00 0.00
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 28 February 2018

Revenue
Room Revenue 99,776.88
Mini Bar Revenue
Food & Beverage 37,493.19
Other Operation Department
Phone
SPA 5,267.83
Other 3,668.64
Transportation 661.22
Laundry 1,115.65
Other -Commerical & Services Money 21803.96

Total Revenue

Cost of Sale
Room Expenses
Salary & Wages ( HK ) 3392.86
Staff Related Expenses 982.43
Cleaning Supplies 167.21
Guest Supplies 634.22
PS for HK 114.92
Laundry 218.69
Uniform for Room Dept 19.23
Internet bill for Room 125.22
Transportation & Labour ( HK ) 140.00
Complimentory Food & Beverage 614.54
Pest Control 10.28
Room Commission Fee ( for February'18 ) 382.43
Commision Fee 63.67
Operation Utensils ( HK ) 5.56
Miscellaneous 111.49

Mini Bar Expenses

Mini Bar Cost 248.02

Food & Beverage Expenses

Food Cost 9,192.04
Beverage Cost 2,151.70
Salary & Wages ( F&B ) 4,401.96
Staff Related Expenses 589.46
China,Glass & Silverware 46.67
Cleaning Supply 89.37
Guest Supply 60.71
PS for F&B 14.47
Laundry 35.19
Uniform for F&B Department 11.55
 Internet bill for F&B 69.64
Transportation & Labour ( F&B ) 81.19
Utential GAS Cost 340.44
Miscelleneous 465.87

Other Operation Department

Salary & Wages ( Spa ) 480.65
Staff Related Expenses 112.28
CS for Spa 1.41
Transportation Expense 91.60
Other Expense ( MOD ) 1074.09
Cost of Laundry 16.55
Salary & Wages ( Ldy ) 143.08
Staff Related Expenses 56.14
Reallocation - SPA 29.18

Tax & Services Money

Other -Commerical Tax 7,267.99
Other -Services Money 14,535.98

Total Cost of Sale

Gross Operating Profit

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing
Salary & Wages ( S&M ) 595.63
Data Processing - S&M 7.41
Postage,Telephone, e-mail 125.29
Advertising 909.00
Travelling Expense ( GM ) ITB 1773.82

Maintance Expenses
Salary & Wages ( Eng ) 1040.38
Staff Related Expenses 196.49
PS for Eng 3.41
Engineering 372.85
Uniform for M&E 10.75
Internet bill for M&E 66.15
Motor Vehicle Expenses 353.56
Maintenance Building 4818.97
Maintenance Furniture,Fixture 34.07
Maintenance WaterSupply 122.37
Painting & Renovation 718.39
Light & Bulb 89.63
OS for M&E 1.11

Admin & General Expenses

Salary & Wages ( Admin ) 6,294.38
Staff Related Exp 803.51
PS for Finance 77.41
Laundry 5.52
 Data Processing - Admin 7.41
Uniform for A&G Department 49.28
Internet bill for A&G 66.15
Transportation & Labour ( Admin ) 221.11
Bank Charges ( Admin ) 20.19
Exchange A/C 942.82
Salary Tax for GM ( Feb'18 ) 280.86
Staff Activity ( Admin ) 248.57
Entertainment ( Admin ) 148.15
Present & Donation ( Admin ) 709.63
Rental -Office ( for February'18 ) 370.37
Medical Expenses ( Admin ) 4.43
Utential Diesel 111.91
EPC Bill for February'18 3,452.67
Lease Rental for February'18 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses

Net Operating Profit

Amount (USD)
169,787

3279.65
1642.61

19208.18

169,787 169,887

6,983

248

17,550
 2,005

21,804

48,590

121,197

3,411

7,828

14,214
25,454

95,744

(95,744)
-
 10
15
13
6
780 44
275.565
 Villa Inle Resort & Spa
Balance Sheet as at February 28 , 2018

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset ( Vehical )
Fix Asset ( Other )
Fix Asset ( Building )
Fix Asset ( Data Processing )
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable
TOTAL CURRENT LIABILITIES
NET ASSETS
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
& Spa
uary 28 , 2018

USD

12,963 12,963
21,831 21,831
22,910 22,910
18,536 18,536
37,648 37,648
19,580 20,282
79,983 79,281 107,976,791.60
7,685 7,685
17,455 17,455
2,831 6,961

241,421 245,551 331,494,128.60

11,811 13,961
34,085 33,950
43,682 44,813

40,797 43,063
320,007 294,668

450,381 430,453
691,802.29 676,004.62
- -

(67,601) (67,601)
(17,544) (19,693)

118,462 1,758,274
(7,884) (10,167)
(16,706) (18,249)
1,559,048 (105,464)
(17,200) (16,800)
(13,615) (13,244)
(8,337) (8,663)

(12566.96) (62365.96)
8,523 8,608
1,524,580 1,444,634
2,216,382 2,120,638

2,120,638 2,004,928
95,744 115,710 129,254,070.85

2,216,382 2,120,638

(0.00) (0.00)
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 March'18
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M
 1,350.00 61,872.72
YGN (Kyat) YGN EQ (USD) USD
52,475.00 38.87 -
34,875.00 25.83 -
JV -Current (USD) Coso Trail
38.87 - 38.87
25.83 - 25.83
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 March'18

Opening
14122 100 BS Staff Canteen Expenses 0.000806267807
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )

4,095,058.78 4,095,058.78
0.00
 217832.29 390.754943639302
USD JV Coso
1289.4814815 557.42 1846.9 1,846.91 1,846.90
3290.2459259 0 3,290.25 -
4635.9948148 0 4,635.99 -
482.67185185 0 482.67 -
154.60296296 0 154.60 -
5569.8414815 0 5,569.84 -
962.96296296 0 962.96 -
981.61407407 0 981.61 -

- -
- -
- 0 - -
- -
309,955.03 309,955.03 227,268.65 227,268.65 4,632,282.45 4,632,282.45
(0.00) (0.00) 0.00
 0.00
3,290.25
4,635.99
482.67
154.60
5,569.84
962.96
981.61

-
-
-
-
0.00
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31st March 2018

Inle YGN
11012 100 BS Cash in Hand 217832.29 62392.51
13023 100 BS A/R Guest Ledger -Inle -1149.93 -16840.36
13024 100 BS City Ledger ( Agoda ) 20959.27
13024 100 BS City Ledger ( HO ) 3482392.02 -3482392.02
13027 100 BS Construction- pool 3650.60 662.73
13027 100 BS Construction ( Laundry ) -22558.14
13027 100 BS Construction: Second Phase 21075.69

13027 100 BS Construction ( Brick ) Swimming Pool (Fix

asset )
13032 100 BS Yangon Purchase -459637.67 459438.33
13032 100 BS Current HO Payable - Outstanding -4758.02
14011 100 BS Inventory-Food(Store) 3871.79
14012 100 BS Inventory-Beverage(Store) 11368.15
14013 100 BS Inventory Cleaning Supply Store 1736.35
14013 100 BS Inventory - Cleaning Supplies 312.94
14014 100 BS Inventory-Guest Supplies ( Store ) 1617.40
14014 100 BS Inventory-Printing Supplies ( Store ) 4139.24
14015 100 BS Inventory - Massage Oil 130.17
14016 100 BS Inventory - Souvier 30.23
14017 100 BS Inventory-Other Supply ( Store ) 3660.82
14019 100 BS Inventory-Diesel & Petrol ( Store ) 305.25
14019 100 BS Inventory Diesel,Petrol ( Generator ) 139.26
14020 100 BS Inventory-Gas 151.11
14021 100 BS Inventory - H.K'Guest Supplies 618.57
14024 100 BS Inventory - Mini Bar ( Food ) 26.69
14024 100 BS Inventory - Mini Bar ( Bev ) 141.41
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 4730.34
14126 100 BS Operation - Beverage ( Bar ) 4281.95
15012 100 BS Prepaid 15642.25 18267.39
15115 100 BS AR Collection - Deposit -718.20 16788.54
16014 100 BS Staff Advance 10360.77 34124.60
16015 100 BS Refund 230.55 8690.29
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -937479.95 937479.95
17098 100 BS F Asset F&B 16789.75 1746.33
17100 100 BS F Asset(Eng) 744.44
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 17454.54
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) 37648.15
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS F Asset 701.43
17105 100 BS Construction ( HOD House, Office, Store ) 75870.18 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -17600.00
18011 200 BS Account Payable -Services Money -10941.14
18011 200 BS Account Payable -Commerical Tax -105219.18
18011 200 BS Account Payable - Columbus 118461.54 1734474.50
18011 200 BS Accrued Payable Hotel (Trade ) -13497.54
18011 200 BS Accrued Payable Hotel (Trade ) -2738.09
18011 200 BS Accrued Payable Hotel (Trade ) -1090.88
19013 200 BS Accrued Salary Tax for GM ( Feb'17 ) -280.86
19014 200 BS Accrued Electricity -8116.92
19014 200 BS Account Payable - Office Rental (HO) -13984.87
21102 200 BS Tip for Staff -479.15
29999 200 BS Retain Earning -2487309.93 270927.69

30101 1000 PL Room Revenue -60568.14

50101 1000 PL Salary & Wages ( HK ) 3290.25
50102 1000 PL Staff Related Expenses 752.44
60102 1000 PL Cleaning Supplies 179.88
60103 1000 PL Guest Supplies 514.87
60107 1000 PL PS for HK 80.92
60202 1000 PL Laundry 296.73
60204 1000 PL Uniform for Room Dept 19.23
60250 1000 PL Flowers & Decoration ( HK ) 252.59
60301 1000 PL Internet bill for Room 125.21
60303 1000 PL Transportation & Labour ( HK ) 77.48
60410 1000 PL Complimentory Food & Beverage 784.06
60415 1000 PL Pest Control 3.47
61021 1000 PL Landscaping ( HK ) 43.04
62011 1000 PL Room Commission Fee ( for March'18 ) 1090.88
62011 1000 PL Commision Fee 63.67
62013 1000 PL Operation Utensils ( HK ) 98.22
69999 1000 PL Miscellaneous ( FO ) 45.56
60102 1000 PL Cleaning Supplies 14.81
31011 2000 PL Food Revenue -16095.31
32011 2000 PL Beverage Revenue -5939.27
41011 2000 PL Food Cost 4727.88
42011 2000 PL Beverage Cost 1573.70
50101 2000 PL Salary & Wages ( F&B ) 4635.99
50102 2000 PL Staff Related Expenses 456.02
60101 2000 PL China,Glass & Silverware 10.22
60102 2000 PL Cleaning Supply 49.71
60103 2000 PL Guest Supply 49.78
60107 2000 PL PS for F&B 11.16
60202 2000 PL Laundry 24.55
60204 2000 PL Uniform for F&B Department 11.55
60301 2000 PL Postage,Telephone, e-mail 69.66
60303 2000 PL Transportation & Labour ( F&B ) 50.74
60415 2000 PL Utential GAS Cost 213.56
69999 2000 PL Miscellaneous 189.58
30101 3200 PL Revenue - SPA -3737.39
50101 3200 PL Salary & Wages ( Spa ) 482.67
50102 3200 PL Staff Related Expenses 91.20
69999 3200 PL CS for Spa 11.70
30102 3300 PL Revenue - Others -8606.66
30102 3300 PL Other -Commerical & Services Money -13156.69
30104 3300 PL Revenue - Transportation -603.72
40101 3300 PL Cost Of Minibar ( Food ) 52.58
40101 3300 PL Cost Of Minibar ( Beverage ) 225.05
64012 3300 PL Transport Expenses ( MOD ) 255.56
64015 3300 PL Other Expense ( MOD ) 809.98
64015 3300 PL Payable - Service Money for March'18 8771.12
64015 3300 PL Comersial Tax for March'18 4385.56
64015 3300 PL Cost Of Souvenier 100.01
30101 3400 PL Revenue - Laundry -628.26
40101 3400 PL Cost of Laundry 9.05
50101 3400 PL Salary & Wages ( Ldy ) 154.60
50102 3400 PL Staff Related Expenses 45.60
50101 4000 PL Salary & Wages ( Admin ) 5569.84
50102 4000 PL Staff Related Exp 219.66
50102 4000 PL Staff Related Expenses 364.82 38.87
60107 4000 PL PS for Finance 28.95
60202 4000 PL Laundry 8.69
60202 4000 PL Data Processing - Admin 7.41
60204 4000 PL Uniform for A&G Department 49.28
60301 4000 PL Postage,Telephone, e-mail 73.20 11.11
60303 4000 PL Transportation - Admin 172.96
60408 4000 PL Bank Charges ( Admin ) 10.19
60410 4000 PL Manpower Development ( Admin ) 437.78 5.56
60413 4000 PL Exchange A/C 365.42 154.07
60416 4000 PL Licenses & Tax ( Admin ) 2850.78
60418 4000 PL Staff Activity ( Admin ) 70.00
60418 4000 PL Staff S S B (Admin) 480.84
60422 4000 PL Entertainment ( Admin ) 303.70
60422 4000 PL Present & Donation ( Admin ) 37.04
63011 4000 PL Rental -Office ( for March'18 ) 370.37
63013 4000 PL Medical Expenses ( Admin ) 6.04
69999 4000 PL Miscellenous 4.23 4.81
50101 5000 PL Salary & Wages ( S&M ) 962.96
50102 5000 PL Staff Related Exp - S&M 25.83
60202 5000 PL Data Processing - S&M 14.07
60301 5000 PL Postage,Telephone, e-mail 118.20 11.11
60303 5000 PL Transportation - S&M 36.00
60407 5000 PL Advertising 109.00
60407 5000 PL Present & Donation 75.07
60407 5000 PL Advertising Exp: S & M 56.52
60422 5000 PL Entirnment Charges 8.37
69999 5000 PL Misellaneous - S & M 4.81
50101 6000 PL Salary & Wages ( Eng ) 981.61
50102 6000 PL Staff Related Expenses 136.81
60107 6000 PL PS for Eng 1.19
60108 6000 PL Engineering Supplies 1120.81 81.56
60204 6000 PL Uniform for M&E 10.75
60301 6000 PL Postage,Telephone, e-mail 66.15
61011 6000 PL Maintenance Building 0.00
61018 6000 PL Maintenance WaterSupply 25.04
61019 6000 PL Painting 16.59
61023 6000 PL Light Bulb ( Eng ) 41.26
69999 6000 PL M&E 3.11
65012 7000 PL Utential Diesel 159.72
65013 7000 PL EPC Bill for March'18 2662.30
70102 8000 PL Lease Rental for March'18 400.00
80105 9000 PL Reallocation - SPA 48.93

0.00 0.00
 Total
280224.80
-17990.28
20959.27 2968.99
0.00
4313.32
-22558.14
21075.69

0.00 2830.88
-199.35
-4758.02 -4957.36
3871.79
11368.15
1736.35
312.94
1617.40
4139.24
130.17
30.23
3660.82
305.25
139.26
151.11
618.57
26.69
141.41
0.00
4730.34
4281.95 37261.68
33909.64
16070.34
44485.37
8920.84
-67600.66
0.00
18536.08
744.44
12962.56
17454.54
21830.56
22910.08
37648.15
1082.40
8800.00
701.43
79281.38
 7685.00
8953.63
-17600.00
-10941.14
-105219.18
1852936.04
-13497.54
-2738.09
-1090.88
-280.86
-8116.92
-13984.87
-479.15
-2216382.24 55309.93

-60568.14
3290.25

752.44
179.88
514.87
80.92
296.73
19.23
252.59
125.21
77.48
784.06
3.47
43.04
1090.88
63.67
98.22
45.56
14.81
-16095.31
-5939.27
4727.88
1573.70
4635.99

456.02
10.22
49.71
49.78
11.16
24.55
11.55
69.66
50.74
 213.56
189.58
-3737.39
482.67

91.20
11.70
-8606.66
-13156.69
-603.72
52.58
225.05
255.56
809.98
8771.12
4385.56
100.01
-628.26
9.05
154.60

45.60
5569.84
219.66

403.69
28.95
8.69
7.41
49.28
84.31
172.96
10.19
443.33
519.50
2850.78
70.00
480.84
303.70
37.04
370.37
6.04
9.04
962.96
25.83
14.07
129.31
36.00
109.00
75.07
56.52
8.37
 4.81
981.61

136.81
1.19
1202.37
10.75
66.15
0.00
25.04
16.59
41.26
3.11
159.72
2662.30
400.00
48.93 -55309.93
0.00 #REF! #REF!
0.00 0.00
 Villa Inle Resort & Spa
Balance Sheet as at March 31 , 2018

USD

1.0 ASSETS
F Asset ( Brick Fance ) 12,962.56
Fix Asset - Furniture & Fitting 21,830.56
F Asset ( HK ) 22,910.08
F Asset ( F&B ) 18,536.08
Fix Asset ( Vehical ) 37,648.15
Fix Asset ( Other ) 19,580.47
Fix Asset ( Building ) 79,982.81
Fix Asset ( Data Processing ) 7,685.00
F Asset Land & Building 17,454.54
Construction in Progress 2,830.88

FIXED ASSETS AND INTANGIBLES 241,421.13

2.0 CURRENT ASSETS

2.1 Accounts Receivable 2,968.99
2.2 Prepayments 33,909.64
2.3 Advances (Staff) 44,485.37
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 37,261.68
2.7 Cash in Hand 280,224.80
2.8 Cash at Bank

TOTAL CURRENT ASSETS 398,850.48

TOTAL ASSETS 640,271.60
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,600.66)
4.2 Accounts Payable - Trade (17,607.37)
Accounts Payable - Construction
Accounts Payable - Trade columbus 1,852,936.04
Accounts Payable - Current Ho (4,957.36)
Accounts Payable - Services Money (10,941.14)
Accounts Payable - Commerical Tax (105,219.18)
Accounts Payable - Land Lease (17,600.00)
Accounts Payable -HO (Office) (13,984.87)
4.3 Accrued Expenses (8,116.92)
4.4 Provisions
4.5 Deposit Received 16,070.34
4.6 Other Payable 8,441.69

TOTAL CURRENT LIABILITIES 1,631,420.56

NET ASSETS 2,271,692.16
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 2,216,382.24
Retained Earnings /(Loss) 55,309.93

SHAREHOLDERS' INTEREST 2,271,692.17

(0.00)
 12,963
21,831
22,910
18,536
37,648
19,580
79,983 107,976,791.60
7,685
17,455
2,831

241,421 325,918,520.61

11,811
34,085
43,682

40,797
320,007

450,381
691,802.29
-

(67,601)
(17,544)

118,462
(7,884)
(16,706)
1,559,048
(17,200)
(13,615)
(8,337)

(12566.96)
8,523

1,524,580
2,216,382

2,120,638
95,744 74,668,403.44

2,216,382

(0.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 March 2018
Amount (USD)
Revenue 109,335
Room Revenue 60,568.14
Mini Bar Revenue
Food & Beverage 22,034.58
Other Operation Department
Phone
SPA 3,737.39
Other 8,606.66
Transportation 603.72
Laundry 628.26
Other -Commerical & Services Money 13156.69

Total Revenue 109,335

Cost of Sale
Room Expenses 7,733
Salary & Wages ( HK ) 3290.25
Staff Related Expenses 752.44
Cleaning Supplies 179.88
Guest Supplies 514.87
PS for HK 80.92
Laundry 296.73
Uniform for Room Dept 19.23
Flowers & Decoration ( HK ) 252.59
Internet bill for Room 125.21
Transportation & Labour ( HK ) 77.48
Complimentory Food & Beverage 784.06
Pest Control 3.47
Landscaping ( HK ) 43.04
Room Commission Fee ( for March'18 ) 1090.88
Commision Fee 63.67
Operation Utensils ( HK ) 98.22
Miscellaneous ( FO ) 45.56
Cleaning Supplies 14.81

Mini Bar Expenses 278

Mini Bar Cost 277.63

Food & Beverage Expenses 12,074

Food Cost 4,727.88
Beverage Cost 1,573.70
Salary & Wages ( F&B ) 4,635.99
Staff Related Expenses 456.02
 China,Glass & Silverware 10.22 -
Cleaning Supply 49.71
Guest Supply 49.78
PS for F&B 11.16
Laundry 24.55
Uniform for F&B Department 11.55
Postage,Telephone, e-mail 69.66
Transportation & Labour ( F&B ) 50.74
Utential GAS Cost 213.56
Miscellaneous 189.58

Other Operation Department 1,960

Salary & Wages ( Spa ) 482.67
Staff Related Expenses 91.20
CS for Spa 11.70
Transport Expenses ( MOD ) 255.56
Other Expense ( MOD ) 809.98
Cost Of Souvenier 100.01
Cost of Laundry 9.05
Salary & Wages ( Ldy ) 154.60
Staff Related Expenses 45.60

Tax & Services Money 13,157

Other -Commerical Tax 4,385.56
Other -Services Money 8,771.12

Total Cost of Sale 35,202

Gross Operating Profit 74,133

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 1,471
Salary & Wages ( S&M ) 962.96
Staff Related Exp - S&M 25.83
Data Processing - S&M 14.07
Postage,Telephone, e-mail 129.31
Transportation - S&M 36.00
Advertising 109.00
Present & Donation 75.07
Advertising Exp: S & M 56.52
Entirnment Charges 8.37
Misellaneous - S & M 4.81
Reallocation - SPA 48.93

Maintance Expenses 2,485

Salary & Wages ( Eng ) 981.61
Staff Related Expenses 136.81
PS for Eng 1.19
Engineering Supplies 1202.37
Uniform for M&E 10.75
 Postage,Telephone, e-mail 66.15
Maintenance Building 0.00
Maintenance WaterSupply 25.04
Painting 16.59
Light Bulb ( Eng ) 41.26
Micellenous 3.11

Admin & General Expenses 14,868

Salary & Wages ( Admin ) 5,569.84
Staff Related Exp 219.66
Staff Related Expenses 403.69
PS for Finance 28.95
Laundry 8.69
Data Processing - Admin 7.41
Uniform for A&G Department 49.28
Postage,Telephone, e-mail 84.31
Transportation - Admin 172.96
Bank Charges ( Admin ) 10.19
Manpower Development ( Admin ) 443.33
Exchange A/C 519.50
Licenses & Tax ( Admin ) 2,850.78
Staff Activity ( Admin ) 70.00
Staff S S B (Admin) 480.84
Entertainment ( Admin ) 303.70
Present & Donation ( Admin ) 37.04
Rental -Office ( for March'18 ) 370.37
Medical Expenses ( Admin ) 6.04
Miscellenous 9.04
Utential Diesel 159.72
EPC Bill for March'18 2,662.30
Lease Rental for March'18 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 18,823

Net Operating Profit 55,310

(55,310)
-
 780
275.565

3279.65
1642.61

19208.18

109,435
10
15
13
6
44
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 30 April'18
Opening YGN
50102 4000 PL Staff Related Exp - Admin
 1,350.00 70,293.90
YGN (Kyat) YGN EQ (USD) USD

35,200.00 26.07 -
JV -Current (USD) Coso Trail
26.07 - 26.07
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 April

Opening
14122 100 BS Staff Canteen Expenses 0.0047492877484
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 217832.29 33186.4945732689
USD JV Coso
1068.6666667 115.79 1184.46 1,184.46 1,184.46
5458.9964158 0 5,459.00 -
4635.8434886 0 4,635.84 -
1034.2592593 0 1,034.26 -
293.37634409 0 293.38 -
12955.553333 0 12,955.55 -
1411.1111111 0 1,411.11 -
1551.7622461 0 1,551.76 -

5
 0.00
5,459.00
4,635.84
1,034.26
293.38
12,955.55
1,411.11
1,551.76
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 30th April 2018

Inle YGN
11012 100 BS Cash in Hand 185036.55 70813.69
13023 100 BS A/R Guest Ledger -Inle 119.30 -28962.39
13024 100 BS City Ledger ( Agoda ) 21668.93
13024 100 BS City Ledger ( HO ) 3504037.49 -3504037.49
13027 100 BS Construction- pool 3650.60
13027 100 BS Construction ( Laundry ) -22558.14
13027 100 BS Construction: Second Phase 21075.69

13027 100 BS Construction ( Brick ) Swimming Pool (Fix

asset ) 662.73
13032 100 BS Yangon Purchase -462363.51 462164.17
13032 100 BS Current HO Payable - Outstanding -4141.71
14011 100 BS Inventory-Food(Store) 3957.05
14012 100 BS Inventory-Beverage(Store) 11401.30
14013 100 BS Inventory Cleaning Supply Store 1684.98
14013 100 BS Inventory - Cleaning Supplies 535.95
14014 100 BS Inventory-Guest Supplies ( Store ) 1297.55
14014 100 BS Inventory-Printing Supplies ( Store ) 4084.55
14015 100 BS Inventory - Massage Oil 93.11
14016 100 BS Inventory - Souvier 21.82
14017 100 BS Inventory-Other Supply ( Store ) 3755.79
14019 100 BS Inventory-Diesel & Petrol ( Store ) 301.27
14019 100 BS Inventory Diesel,Petrol ( Generator ) 182.96
14020 100 BS Inventory-Gas 100.74
14021 100 BS Inventory - H.K'Guest Supplies 789.16
14024 100 BS Inventory - Mini Bar ( Food ) 48.91
14024 100 BS Inventory - Mini Bar ( Bev ) 203.63
14122 100 BS Staff Canteen Expenses 0.00
14125 100 BS Operation - Food 4736.92
14126 100 BS Operation - Beverage ( Bar ) 3822.96
15012 100 BS Prepaid 15466.74 18267.39
15115 100 BS AR Collection - Deposit -718.20 24366.04
16014 100 BS Staff Advance 8960.77 34424.60
16015 100 BS Refund 230.55 8690.29
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Current A/C Cash Remittance -938783.45 938783.45
17098 100 BS F Asset F&B 16789.75 1746.33
17100 100 BS F Asset(Eng) 744.44
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 19747.14
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) 37648.15
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS Construction ( HOD House, Office, Store ) 76571.61 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -18000.00
18011 200 BS Account Payable -Services Money -5502.44
18011 200 BS Account Payable -Commerical Tax -106881.33
18011 200 BS Account Payable - Columbus 118461.54 1746762.00
18011 200 BS Accrued Payable Hotel (Trade ) -16968.07
19014 200 BS Accrued Electricity -7165.73
19014 200 BS Account Payable - Office Rental (HO) -14355.24
21102 200 BS Tip for Staff -479.15
29999 200 BS Retain Earning -2543252.93 271560.76

30101 1000 PL Room Revenue -18506.12

50101 1000 PL Salary & Wages ( HK ) 5459.00
50102 1000 PL Staff Related Expenses 470.75
60102 1000 PL Cleaning Supplies ( HK ) 225.14
60103 1000 PL Guest Supplies 343.26
60107 1000 PL Printing & Stationery ( FO ) 41.76
60202 1000 PL Laundry 37.58
60203 1000 PL Linen ( HK ) 1560.00
60204 1000 PL Uniform for Room Dept 19.23
60301 1000 PL Internet bill for Room 111.11
60301 1000 PL Postage,Telephone,e-mail 14.11
60303 1000 PL Transportation & Labour ( HK ) 112.07
60410 1000 PL Complimentory Food & Beverage 762.87
62011 1000 PL Room Commission Fee ( for April'18 ) 274.59
62011 1000 PL Commision Fee 63.67
69999 1000 PL Miscellaneous ( HK ) 64.74
31011 2000 PL Food Revenue -8793.54
32011 2000 PL Beverage Revenue -2973.40
41011 2000 PL Food Cost 2553.78
42011 2000 PL Beverage Cost 800.16
50101 2000 PL Salary & Wages ( F&B ) 4635.84
50102 2000 PL Staff Related Expenses 60.74
60101 2000 PL China,Glass & Silverware (F&B ) 15.00
60102 2000 PL Cleaning Supply 24.59
60103 2000 PL Guest Supply 19.55
60107 2000 PL PS for F&B 3.84
60202 2000 PL Laundry 5.76
60204 2000 PL Uniform for F&B Department 11.55
60301 2000 PL Postage,Telephone,e-mail 62.57
60303 2000 PL Transportation & Labour ( F&B ) 46.52
60415 2000 PL Utential GAS Cost 201.48
69999 2000 PL Miscellaneous 116.80
30101 3200 PL Revenue - SPA -1874.78
50101 3200 PL Salary & Wages ( Spa ) 1034.26
50102 3200 PL Staff Related Expenses 288.52
69999 3200 PL Miscellaneous ( SPA ) 16.29
30102 3300 PL Revenue - Others -1702.08
30102 3300 PL Other -Commerical & Services Money -4986.45
30104 3300 PL Revenue - Transportation -978.61
40101 3300 PL Cost Of Minibar ( Food ) 32.59
40101 3300 PL Cost Of Minibar ( Beverage ) 112.04
64012 3300 PL Transport Expenses ( MOD ) 351.33
64015 3300 PL Other Expense ( MOD ) 270.24
64015 3300 PL Payable - Service Money for April'18 3324.30
64015 3300 PL Comersial Tax for April'18 1662.15
30101 3400 PL Revenue - Laundry -116.52
40101 3400 PL Cost of Laundry 1.85
50101 3400 PL Salary & Wages ( Ldy ) 293.38
50102 3400 PL Staff Related Expenses 242.97
50101 4000 PL Salary & Wages ( Admin ) 12955.55
50102 4000 PL Staff Related Exp 149.20 26.07
60107 4000 PL Printing & Stationery ( Admin ) 55.53 3.52
60202 4000 PL Laundry 4.62
60202 4000 PL Data Processing - Admin 7.41
60204 4000 PL Uniform for A&G Department 49.28
60301 4000 PL Postage,Telephone,e-mail 59.07 22.00
60303 4000 PL Transportation - Admin 107.41
60408 4000 PL Bank Charges ( Admin ) 87.44
60413 4000 PL Exchange A/C 826.47 55.56
60416 4000 PL Licenses & Tax ( Admin ) 280.86
60418 4000 PL Staff S S B (Admin) 219.44
60422 4000 PL Entertainment ( Admin ) 7.41 6.22
60422 4000 PL Present & Donation ( Admin ) 207.48
63011 4000 PL Rental -Office ( for April'18 ) 370.37
63013 4000 PL Medical Expenses ( Admin ) 3.89
69999 4000 PL Miscellenous 38.83
50101 5000 PL Salary & Wages ( S&M ) 1411.11
60202 5000 PL Data Processing - S&M 33.33
60301 5000 PL Internet bill for (S&M) 111.11
60303 5000 PL Transportation - S&M 6.15
60407 5000 PL Advertising 27.00 268.00
50101 6000 PL Salary & Wages ( Eng ) 1551.76
50102 6000 PL Staff Related Expenses 91.11
60108 6000 PL Engineering Supplies 90.56
60204 6000 PL Uniform for M&E 10.75
60301 6000 PL Postage,Telephone,e-mail 59.07
60306 6000 PL Motor Vehical Expense 472.67
61011 6000 PL Maintenance Building 539.26
61022 6000 PL Pool 211.11
69999 6000 PL OS for M&E 0.74
65012 7000 PL Utential Diesel 237.54
65013 7000 PL EPC Bill for April'18 1711.11
70102 8000 PL Lease Rental for April'18 400.00
80105 9000 PL Reallocation - SPA 73.21

0.00 0.00
 Total
255850.25
-28843.09
21668.93
0.00 -7174.16
3650.60
-22558.14
21075.69

662.73 2830.88
-199.35
-4141.71 -4341.06
3957.05
11401.30
1684.98
535.95
1297.55
4084.55
93.11
21.82
3755.79
301.27
182.96
100.74
789.16
48.91
203.63
0.00
4736.92
3822.96 37018.64
33734.13
23647.84
43385.37
8920.84
-67600.66
0.00
18536.08
744.44
12962.56
19747.14
21830.56
22910.08
37648.15
1082.40
8800.00
79982.81
 7685.00
8953.63
-18000.00
-5502.44
-106881.33
1865223.54
-16968.07
-7165.73
-14355.24
-479.15
-2271692.17 -8665.70

-18506.12
5459.00

470.75
225.14
343.26
41.76
37.58
1560.00
19.23
111.11
14.11
112.07
762.87
274.59
63.67
64.74
-8793.54
-2973.40
2553.78
800.16
4635.84

60.74
15.00
24.59
19.55
3.84
5.76
11.55
62.57
46.52
201.48
116.80
-1874.78
1034.26
 288.52
16.29
-1702.08
-4986.45
-978.61
32.59
112.04
351.33
270.24
3324.30
1662.15
-116.52
1.85
293.38

242.97
12955.55
175.27
59.05
4.62

7.41
49.28
81.07

107.41
87.44
882.02
280.86
219.44
13.63
207.48
370.37
3.89
38.83
1411.11

33.33
111.11

6.15
295.00
1551.76

91.11
90.56
10.75
59.07
472.67
539.26
211.11
0.74
 237.54
1711.11
400.00
73.21 8665.70 -64.74
0.00 #REF! #REF!
0.00 0.00
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 April 2018
Amount (USD)
Revenue 39,931.50
Room Revenue 18,506.12
Mini Bar Revenue
Food & Beverage 11,766.94
Other Operation Department
Phone
SPA 1,874.78
Other 1,702.08
Transportation 978.61
Laundry 116.52
Other -Commerical & Services Money 4986.45

Total Revenue 39,931.50

Cost of Sale
Room Expenses 9,559.88
Salary & Wages ( HK ) 5459.00
Staff Related Expenses 470.75
Cleaning Supplies ( HK ) 225.14
Guest Supplies 343.26
Printing & Stationery ( FO ) 41.76
Laundry 37.58
Linen ( HK ) 1560.00
Uniform for Room Dept 19.23
Internet bill for Room 111.11
Postage,Telephone,e-mail 14.11
Transportation & Labour ( HK ) 112.07
Complimentory Food & Beverage 762.87
Room Commission Fee ( for April'18 ) 274.59
Commision Fee 63.67
Miscellaneous ( HK ) 64.74

Mini Bar Expenses 144.63

Mini Bar Cost 144.63

Food & Beverage Expenses 8,558.18

Food Cost 2,553.78
Beverage Cost 800.16
Salary & Wages ( F&B ) 4,635.84

Staff Related Expenses 60.74

China,Glass & Silverware (F&B ) 15.00
 Cleaning Supply 24.59
Guest Supply 19.55
PS for F&B 3.84
Laundry 5.76
Uniform for F&B Department 11.55 -
Postage,Telephone,e-mail 62.57
Transportation & Labour ( F&B ) 46.52
Utential GAS Cost 201.48
Miscellaneous 116.80

Other Operation Department 2,572.05

Salary & Wages ( Spa ) 1034.26
Staff Related Expenses 288.52
Miscellaneous ( SPA ) 16.29
Transport Expenses ( MOD ) 351.33
Other Expense ( MOD ) 270.24
Cost of Laundry 1.85
Salary & Wages ( Ldy ) 293.38
Staff Related Expenses 242.97
Reallocation - SPA 73.21

Tax & Services Money 4,986.45

Other -Commerical Tax 1,662.15
Other -Services Money 3,324.30

Total Cost of Sale 25,821.19

Gross Operating Profit 14,110.31

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 1,856.70
Salary & Wages ( S&M ) 1411.11
Data Processing - S&M 33.33
Internet bill for (S&M) 111.11
Transportation - S&M 6.15
Advertising 295.00

Maintance Expenses 3,027.02

Salary & Wages ( Eng ) 1551.76
Staff Related Expenses 91.11
Engineering Supplies 90.56
Uniform for M&E 10.75
Postage,Telephone,e-mail 59.07
Motor Vehical Expense 472.67
Maintenance Building 539.26
Pool 211.11
OS for M&E 0.74
 Admin & General Expenses 17,892.28
Salary & Wages ( Admin ) 12,955.55
Staff Related Exp 175.27
Printing & Stationery ( Admin ) 59.05
Laundry 4.62
Data Processing - Admin 7.41
Uniform for A&G Department 49.28
Postage,Telephone,e-mail 81.07
Transportation - Admin 107.41
Bank Charges ( Admin ) 87.44
Exchange A/C 882.02
Licenses & Tax ( Admin ) 280.86
Staff S S B (Admin) 219.44
Entertainment ( Admin ) 13.63
Present & Donation ( Admin ) 207.48
Rental -Office ( for April'18 ) 370.37
Medical Expenses ( Admin ) 3.89
Miscellenous 38.83
Utential Diesel 237.54
EPC Bill for April'18 1,711.11
Lease Rental for April'18 400.00

Total -Sale & Marketing , M&E and Admin & General Expenses 22,776.00

Net Operating Profit (8,665.70)

8,665.70
0.00
 780
275.565

3279.65
1642.61

19208.18

40,031
10
15
13
6
44
Revenue 4 5 6 7 8
Room Revenue 18,506.12 7,285
Mini Bar Revenue -
Food & Beverage 11,766.94 3,892
Other Operation Department
Phone
SPA 1,874.78 955
Other 1,702.08 84
Transportation 978.61 349
Laundry 116.52 41
Other -Commerical & Services Money 4986.45 1,878

Room Expenses
Salary & Wages ( HK ) 5459.00 2,981
Staff Related Expenses 470.75 472
Cleaning Supplies ( HK ) 225.14 104
Guest Supplies 343.26 260
Printing & Stationery ( FO ) 41.76 89
Laundry 37.58 92
Linen ( HK ) 1560.00
Uniform for Room Dept 19.23 19
Internet bill for Room 111.11 118
Postage,Telephone,e-mail 14.11
Transportation & Labour ( HK ) 112.07 62
Complimentory Food & Beverage 762.87 305
Room Commission Fee ( for April'1 274.59 247
Commision Fee 63.67 64
Miscellaneous ( HK ) 64.74 61
Landscaping (HK) 497

Mini Bar Expenses

Mini Bar Cost 144.63 86

Food & Beverage Expenses

Food Cost 2,553.78 1,209.13000
Beverage Cost 800.16 253
 Salary & Wages ( F&B ) 4,635.84 3,092
Staff Related Expenses 60.74 289
China,Glass & Silverware (F&B ) 15.00
Cleaning Supply 24.59 13
Guest Supply 19.55 14
PS for F&B 3.84
Laundry 5.76 2
Uniform for F&B Department 11.55 11.55
Postage,Telephone,e-mail 62.57 70
Transportation & Labour ( F&B ) 46.52 22
Utential GAS Cost 201.48 153
Miscellaneous 116.80 13

Other Operation Department

Salary & Wages ( Spa ) 1034.26 493
Staff Related Expenses 288.52 30
Miscellaneous ( SPA ) 16.29
Transport Expenses ( MOD ) 351.33 26
Other Expense ( MOD ) 270.24 7
Cost of Laundry 1.85 1
Salary & Wages ( Ldy ) 293.38 169
Staff Related Expenses 242.97 61
Reallocation - SPA 73.21 32

Tax & Services Money

Other -Commerical Tax 1,662.15 626
Other -Services Money 3,324.30 1,252

Sale & Marketing

Salary & Wages ( S&M ) 1411.11 963
Data Processing - S&M 33.33 7
Internet bill for (S&M) 111.11
Transportation - S&M 6.15 12
Advertising 295.00 3,453
 Staff Related Expenses (S&M)

Maintance Expenses
Salary & Wages ( Eng ) 1551.76 29
Staff Related Expenses 91.11
Engineering Supplies 90.56
Uniform for M&E 10.75
Postage,Telephone,e-mail 59.07
Motor Vehical Expense 472.67
Maintenance Building 539.26
Pool 211.11
OS for M&E 0.74
PS For M&E

Admin & General Expenses

Salary & Wages ( Admin ) 12,955.55
Staff Related Exp 175.27
Printing & Stationery ( Admin ) 59.05
Laundry 4.62
Data Processing - Admin 7.41
Uniform for A&G Department 49.28
Postage,Telephone,e-mail 81.07
Transportation - Admin 107.41
Bank Charges ( Admin ) 87.44
Exchange A/C 882.02
Licenses & Tax ( Admin ) 280.86
Staff S S B (Admin) 219.44
Entertainment ( Admin ) 13.63
Present & Donation ( Admin ) 207.48
Rental -Office ( for April'18 ) 370.37
Medical Expenses ( Admin ) 3.89
Miscellenous 38.83
Utential Diesel 237.54
EPC Bill for April'18 1,711.11
Lease Rental for April'18 400.00
9
 Villa Inle Resort & Spa
Balance Sheet as at April 30 , 2018

USD

1.0 ASSETS
F Asset ( Brick Fance ) 12,963
Fix Asset - Furniture & Fitting 21,831
F Asset ( HK ) 22,910
F Asset ( F&B ) 18,536
Fix Asset ( Vehical ) 37,648
Fix Asset ( Other ) 19,580
Fix Asset ( Building ) 79,983
Fix Asset ( Data Processing ) 7,685
F Asset Land & Building 19,747
Construction in Progress 2,831

FIXED ASSETS AND INTANGIBLES 243,714

2.0 CURRENT ASSETS

2.1 Accounts Receivable (7,174)
2.2 Prepayments 33,734
2.3 Advances (Staff) 43,385
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 37,019
2.7 Cash in Hand 255,850
2.8 Cash at Bank

TOTAL CURRENT ASSETS 362,814

TOTAL ASSETS 606,527.94
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,601)
4.2 Accounts Payable - Trade (16,968)
Accounts Payable - Construction
Accounts Payable - Trade columbus 1,865,224
Accounts Payable - Current Ho (4,341)
Accounts Payable - Services Money (5,502)
Accounts Payable - Commerical Tax (106,881)
Accounts Payable - Land Lease (18,000)
Accounts Payable -HO (Office) (14,355)
4.3 Accrued Expenses (7,166)
4.4 Provisions
4.5 Deposit Received 23647.84
4.6 Other Payable 8,442

TOTAL CURRENT LIABILITIES 1,656,499

NET ASSETS 2,263,026
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 2,271,692
Retained Earnings /(Loss) (8,666)

SHAREHOLDERS' INTEREST 2,263,026

(0.00)
 12,963
21,831
22,910
18,536
37,648
19,580
79,983 107,976,787.10
7,685
17,455
2,831

241,421 325,918,520.61

2,969
33,910
44,485

37,262
280,225

398,850
640,271.60
-

(67,601)
(17,607)

1,852,936
(4,957)
(10,941)
(105,219)
(17,600)
(13,985)
(8,117)

16070.34
8,442

1,631,421
2,271,692

2,216,382
55,310 (11,698,692.16)

2,271,692
(0.00)
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 May'18
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M
 #DIV/0! -
YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)

39,600.00 29.33 -

38,500.00 28.52 -
JV -Current (USD) Coso Trail
29.33 - 29.33

- 28.52 - 28.52
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 May

Opening
14122 100 BS Staff Canteen Expenses 0.0014159544151
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
217832.29 55969.043413849
USD JV Coso
878.69 308.7266666667 1187.42 1,187.41 1,187.42
2,980.96 - 2,980.96 -
3,091.85 - 3,091.85 -
492.59 - 492.59 -
168.89 - 168.89 -
5,522.96 - 5,522.96 -
962.96 - 962.96 -
975.56 - 975.56 -
 (0.01) -0.01
2,980.96 0.00
3,091.85
492.59
168.89
5,522.96
962.96
975.56
 Villa Inle Resort & Spa
Balance Sheet as at May 31 , 2018

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset ( Vehical )
Fix Asset ( Other )
Fix Asset ( Building )
Fix Asset ( Data Processing )
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable
TOTAL CURRENT LIABILITIES
NET ASSETS
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
Resort & Spa
s at May 31 , 2018

USD

12,963 12,963
21,831 21,831
22,910 22,910
18,536 18,536
37,648 37,648
19,580 19,580
79,983 79,983 107,976,791.59
7,685 7,685
20,501 17,455
2,831 2,831

244,468 241,421 325,918,520.61

(10,289) 2,969
33,559 33,910
43,245 44,485

35,636 37,262
234975.74 280,225

337,126 398,850
581,594.20 640,271.60
- -

(67,601) (67,601)
(15,717) (17,607)

1,866,023 1,852,936
(2,753) (4,957)
(3,431) (10,941)
(106,279) (105,219)
(18,400) (17,600)
(14,726) (13,985)
(8,620) (8,117)

25023.63 16070.34
8,658 8,442
1,662,177 1,631,421
2,243,771 2,271,692

2,263,026 2,216,382
(19,255) 55,310 (25,994,236.50)

2,243,771 2,271,692

(0.00) (0.00)
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 30th May' 2018

Inle YGN
11012 100 BS Cash in Hand 162254.00 72721.73
13023 100 BS A/R Guest Ledger -Inle -3154.66 -28802.87
13024 100 BS City Ledger ( HO ) 3515264.80 -3515264.80
13024 100 BS City Ledger ( Agoda ) 21668.93
13027 100 BS Construction- pool 3650.60 662.73
13027 100 BS Construction ( Laundry ) -22558.14
13027 100 BS Construction: Second Phase 21075.69
13032 100 BS Yangon Purchase -463576.50 463377.15
13032 100 BS Current HO Payable - Outstanding -2553.84
14011 100 BS Inventory-Food(Store) 3764.56
14012 100 BS Inventory-Beverage(Store) 11633.51
14013 100 BS Inventory Cleaning Supply Store 1921.39
14013 100 BS Inventory - Cleaning Supplies 387.23
14014 100 BS Inventory-Guest Supplies ( Store ) 1231.72
14014 100 BS Inventory-Printing Supplies ( Store ) 3989.84
14015 100 BS Inventory - Massage Oil 61.38
14016 100 BS Inventory - Souvier 20.61
14017 100 BS Inventory-Other Supply ( Store ) 3489.47
14019 100 BS Inventory-Diesel & Petrol ( Store ) 118.23
14019 100 BS Inventory Diesel,Petrol ( Generator ) 141.77
14020 100 BS Inventory-Gas 43.74
14021 100 BS Inventory - H.K'Guest Supplies 852.74
14024 100 BS Inventory - Mini Bar ( Food ) 31.34
14024 100 BS Inventory - Mini Bar ( Bev ) 135.16
14122 100 BS Staff Canteen Expenses
14125 100 BS Operation - Food 3975.73
14126 100 BS Operation - Beverage ( Bar ) 3837.68
15012 100 BS Prepaid 15291.15 18267.39
15115 100 BS AR Collection - Deposit -718.20 25741.83
16014 100 BS Staff Advance 8620.03 34624.60
16014 100 BS
16015 100 BS Refund 230.55 8906.29

16103 100 BS Supsend -14868.94 -52731.72

16303 100 BS Remit to -INLE -942098.56 942098.56
17098 100 BS F Asset F&B 16789.75 1746.33
17100 100 BS F Asset(Eng) 744.44
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 20501.21
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fix Asset - Building 3411.20
17105 100 BS Fix Asset - Data Processing 7685.00
17105 100 BS Fixed Asset ( Venical ) 37648.15
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS Construction ( HOD House, Office, Store ) 76571.61
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -18400.00
18011 200 BS Account Payable -Services Money -3430.59
18011 200 BS Account Payable -Commerical Tax -106278.89
18011 200 BS Account Payable - Columbus 118461.54 1747561
18011 200 BS Accrued Payable Hotel (Trade ) -15717.17

19014 200 BS Accrued Electricity -8620.47

19014 200 BS Account Payable - Office Rental (HO) -14725.61

21102 200 BS Tip for Staff -479.15

29999 200 BS Retain Earning -2535122.90 272096.43

30101 1000 PL Revenue Room -7284.97

50101 1000 PL Salary & Wages ( HK ) 2980.96
50102 1000 PL Staff Related Expenses 471.92
60102 1000 PL Cleaning Supply ( HK ) 104.18
60103 1000 PL PS for FO 89.13
60103 1000 PL Guest Supply 259.62

60202 1000 PL Laundry 92.22

60204 1000 PL Uniform for Room Dept 19.23
60301 1000 PL Internet bill for Room 118.12
60301 1000 PL Postage,Telephone,e-mail
60303 1000 PL Transportation ( HK ) 62.22
60410 1000 PL Complimentory Food & Beverage 305.38
61021 1000 PL Landscaping ( HK ) 496.96
62011 1000 PL Room Commission Fee ( for May'18 ) 247.16
62011 1000 PL Commision Fee 63.75
69999 1000 PL Miscellenous ( HK ) 61.24
69999 1000 PL OS for HK
69999 1000 PL OS for FO
31011 2000 PL Food Revenue -3165.80
32011 2000 PL Beverage Revenue -726.43

41011 2000 PL Food Cost 1209.13

42011 2000 PL Beverage Cost 252.95
50101 2000 PL Salary & Wages ( F&B ) 3091.85
50102 2000 PL Staff Related Expenses 289.24
60102 2000 PL Cleaning Supply 12.81
60103 2000 PL Guest Supply 14.23
60107 2000 PL PS for Kitchen 3.31
60202 2000 PL Laundry 2.36
60204 2000 PL Uniform for F&B Department 11.55
60301 2000 PL Internet bill for F&B 69.64
60303 2000 PL Transportation ( F&B ) 22.22
60415 2000 PL Utential GAS Cost 153.00
69999 2000 PL Miscellaneous 12.95
30101 3200 PL Revenue - SPA -954.78
50101 3200 PL Salary & Wages ( Spa ) 492.59
50102 3200 PL Staff Related Expenses 30.45
30102 3300 PL Revenue Other -84.09
30102 3300 PL Other -Commerical & Services Money -1878.24
30104 3300 PL Revenue Transportation -348.70
40101 3300 PL Cost Of Minibar ( Food ) 17.57
40101 3300 PL Cost Of Minibar ( Beverage ) 68.47
64012 3300 PL Transport Expenses 25.78
64015 3300 PL Commercial Tax for May'18 626.08
64015 3300 PL Cost of Souvinor 7.21
64015 3300 PL Payable - Service Money for May'18 1252.15
64015 3300 PL Cost Of Souvenier
30101 3400 PL Revenue Laundry -40.87
40101 3400 PL Cost of Laundry 0.57
50101 3400 PL Salary & Wages ( Ldy ) 168.89
50102 3400 PL Staff Related Expenses 60.90
50101 4000 PL Salary & Wages ( Admin ) 5522.96
50102 4000 PL Staff Related Exp 499.09 29.33
60107 4000 PL PS for Finance 28.71 10.13
60107 4000 PL PS for Security

60202 4000 PL Data Processing - Admin 7.41

60202 4000 PL Laundry 3.69
60204 4000 PL Uniform for A&G Department 49.28
60301 4000 PL Postage,Telephone,e-mail 59.06 11.11
60303 4000 PL Transportation Expense ( Admin ) 526.92 114.07
60408 4000 PL Bank Charges ( Admin ) 140.26
60413 4000 PL Exchange A/C -248.32 3.70
60416 4000 PL License & Tax ( Admin ) 92.59
60422 4000 PL Donation (Admin) 74.07
60422 4000 PL Entertainment 7.41
63011 4000 PL Rental -Office ( for May'18 ) 370.37
69999 4000 PL Miscellenous ( Admin ) 92.59
69999 4000 PL Guest Supply 10.71
69999 4000 PL OS for Security 0.67
50101 5000 PL Salary & Wages ( S&M ) 962.96
50102 5000 PL Staff Related Exp - S&M 28.52
60107 5000 PL Printing & Stationary-S & M 3.31
60202 5000 PL Data Processing - S&M 7.41
60301 5000 PL Phone & Fax-S & M 11.11
60301 5000 PL Internet bill for S&M 111.11
60303 5000 PL Transportation Chgs - S&M 11.70
60407 5000 PL Advertising ( S&M ) 3238.00 215.19
50101 6000 PL Salary & Wages ( Eng ) 975.56
50102 6000 PL Staff Related Expenses 91.34
60108 6000 PL Engineering Supplies 350.22
60204 6000 PL Uniform for M&E 10.75
60301 6000 PL Sky Net Life Extension 46.67
60301 6000 PL Postage,Telephone,e-mail 59.06
60306 6000 PL Motor Vehical Repairing Expense 600.85
61011 6000 PL Maintenance Building 2364.59
69999 6000 PL PS for M&E 0.89
65012 7000 PL Utential Diesel 331.49
65013 7000 PL EPC bill 3212.59
70102 8000 PL Lease Rental for May'18 400.00
80105 9000 PL Reallocation - SPA 31.73
0.0063 0.004
 Total
234975.74
-31957.53
0.00
21668.93 -10288.60
4313.32
-22558.14
21075.69 2830.88
-199.35
-2553.84 -2753.19
3764.56
11633.51
1921.39
387.23
1231.72
3989.84
61.38
20.61
3489.47
118.23
141.77
43.74
852.74
31.34
135.16
0.00
3975.73
3837.68 35636.11
33558.54
25023.63
43244.63

0.00
9136.84

-67600.66
0.00
18536.08
744.44
12962.56
20501.21
21830.56
22910.08
3411.20
7685.00
37648.15
1082.40
8800.00
76571.61
8953.63
0.00
 -18400.00
-3430.59
-106278.89
1866022.54
-15717.17
0.00
-8620.47
-14725.61
0.00
-479.15
-2263026.47
-19254.99

-7284.97
2980.96

471.92
104.18
89.13
259.62
0.00
92.22
19.23
118.12
0.00
62.22
305.38
496.96
247.16
63.75
61.24
0.00
0.00
-3165.80
-726.43

1209.13
252.95
3091.85

289.24
12.81
14.23
3.31
2.36
11.55
69.64
22.22
153.00
12.95
0.00
 -954.78
492.59

30.45
-84.09
-1878.24
-348.70
17.57
68.47
25.78
626.08

7.21
1252.15
0.00
-40.87
0.57
168.89

60.90
5522.96
528.42
38.84
0.00

7.41
3.69
49.28
70.17
640.99
140.26
-244.61
92.59
74.07
7.41
370.37
92.59
10.71
0.67
962.96

28.52

3.31

7.41

11.11
111.11

11.70
3453.19
975.56

91.34
350.22
 10.75
46.67
59.06
600.85
2364.59
0.89
331.49
3212.59
400.00
31.73 19255.00
0.01
Account Name Description Sum of Amount
Admin & General Expenses ###
Bank Charges ( Adm 585.62
Data Processing - 309.93
Entertainment ( Ad 21.04
Exchange A/C ###
Guest Supplies 16.78
Internet bill for A 111.11
Laundry 20.53
Licenses & Tax ( A 373.46
Man Power Devel 222.22
Medical Expenses 3.89
Miscellenous 391.41
OS for Finance 8.19
OS for HR 13.32
OS for Security 1.07
Postage,Telephone 418.97
Present & Donation1,393.63
Printing & Statione 202.77
PS for Security 4.33
Salary & Wages ( A ###
Staff Activity 50.00
Staff Related Exp 2,485.64
Staff S S B (Admin 1,265.99
Transportation - 2,099.60
Uniform for A&G 295.68
Utential Diesel 1,633.78
EPC Bill ###
Lease Rental 2,400.00
Rental -Office 2,222.22
Food & Beverage Expenses ###
Beverage Cost 3,508.96
China,Glass & Silv 15.00
Cleaning Supply 95.19
Food Cost 9,424.31
Guest Supplies 107.01
Laundry 27.46
Miscellaneous 1,053.99
OS for F&B 57.90
Postage,Telephone 382.49
PS for F&B 35.28
Salary & Wages ( F ###
Staff Related Expe 1,543.76
Transportation & L 421.62
Uniform for F&B D 69.28
Utential GAS Cost 950.18
Maintance Expenses ###
Cleaning Supply 4.59
Engineering Suppli 4,988.15
Guest Supplies 2.91
Laundry 1.65
 Maintenance Build ###
Miscellenous 347.12
Motor Vehical Exp 1,446.33
OS for M&E 10.26
Pool 211.11
Postage,Telephone 354.38
PS for M&E 13.48
Salary & Wages ( E 6,742.91
Sky Net Life Exten 46.67
Staff Related Expe 714.59
Transportation & L 32.96
Transportation La 33.95
Uniform for M&E 64.50
Mini Bar Expenses 573.96
Mini Bar Cost 573.96
Other Operation Department 8,609.31
Cleaning Supply 4.44
Cost of Laundry 16.67
Cost Of Souvenier 82.80
Guest Supplies 14.58
Miscellaneous 90.83
Miscellaneous ( SP 16.29
OS for Spa 1.54
Other Expense ( M 777.56
Ps for Spa 1.15
Reallocation - SPA 210.02
Salary & Wages ( L 1,244.49
Salary & Wages ( S 3,709.40
Staff Related Expe 1,155.08
Transport Expense 1,284.45
Revenue ###
Food & Beverage ###
Laundry 996.52
Other 3,456.59
Other -Commerical ###
Room Revenue ###
SPA 8,221.74
Transportation 4,151.74
Room Expenses ###
Cleaning Supplies ( 696.86
Commision Fee 127.42
Complimentory Fo 1,675.43
Data Processing H 400.00
Guest Supplies 1,457.16
Internet bill for R 673.68
Landscaping ( HK ) 2,681.36
Laundry 291.01
Linen ( HK ) 1,560.00
Miscellaneous ( HK 590.75
Operating - Bevera 8.91
OS for HK,FO 177.58
Postage,Telephone 160.68
Printing & Statione 130.89
 Printing & Statione 118.39
Salary & Wages ( H ###
Staff Related Expe 2,699.92
Transportation & L 567.51
Uniform for Room 115.38
Room Commission 3,254.49
Sale & Marketing ###
Advertising ###
Data Processing - 85.93
Internet bill for ( 566.67
Phone & Fax-S & 31.48
Printing & Station 9.26
Salary & Wages ( 5,692.59
Staff Related Exp 174.22
Transportation - 145.46
Tax & Services Money ###
Other -Commerical 6,981.00
Other -Services M ###
Total Result ###
Month Account Name Description
4 Sale & Marketing Advertising

9 Sale & Marketing Advertising

7 Sale & Marketing Advertising
6 Sale & Marketing Advertising
5 Sale & Marketing Advertising
8 Sale & Marketing Advertising
7 Admin & General Expenses Bank Charges ( Admin )
8 Admin & General Expenses Bank Charges ( Admin )
6 Admin & General Expenses Bank Charges ( Admin )
4 Admin & General Expenses Bank Charges ( Admin )

5 Admin & General Expenses Bank Charges ( Admin )

9 Admin & General Expenses Bank Charges ( Admin )
9 Food & Beverage Expenses Beverage Cost
5 Food & Beverage Expenses Beverage Cost
8 Food & Beverage Expenses Beverage Cost
7 Food & Beverage Expenses Beverage Cost
4 Food & Beverage Expenses Beverage Cost

6 Food & Beverage Expenses Beverage Cost

4 Food & Beverage Expenses China,Glass & Silverware (F&B )

6 Room Expenses Cleaning Supplies ( HK )

8 Room Expenses Cleaning Supplies ( HK )
9 Room Expenses Cleaning Supplies ( HK )
5 Room Expenses Cleaning Supplies ( HK )
7 Room Expenses Cleaning Supplies ( HK )
4 Room Expenses Cleaning Supplies ( HK )

6 Food & Beverage Expenses Cleaning Supply

5 Food & Beverage Expenses Cleaning Supply
9 Food & Beverage Expenses Cleaning Supply
7 Food & Beverage Expenses Cleaning Supply
4 Food & Beverage Expenses Cleaning Supply
8 Food & Beverage Expenses Cleaning Supply
6 Maintance Expenses Cleaning Supply
7 Maintance Expenses Cleaning Supply
7 Other Operation Department Cleaning Supply
8 Other Operation Department Cleaning Supply
4 Room Expenses Commision Fee
5 Room Expenses Commision Fee
6 Room Expenses Complimentory Food & Beverage
8 Room Expenses Complimentory Food & Beverage
9 Room Expenses Complimentory Food & Beverage
7 Room Expenses Complimentory Food & Beverage
5 Room Expenses Complimentory Food & Beverage
4 Room Expenses Complimentory Food & Beverage
5 Other Operation Department Cost of Laundry
6 Other Operation Department Cost of Laundry
4 Other Operation Department Cost of Laundry
9 Other Operation Department Cost of Laundry
7 Other Operation Department Cost of Laundry
8 Other Operation Department Cost of Laundry
8 Other Operation Department Cost Of Souvenier
6 Other Operation Department Cost Of Souvenier
7 Other Operation Department Cost Of Souvenier
9 Other Operation Department Cost Of Souvenier
4 Admin & General Expenses Data Processing - Admin

5 Admin & General Expenses Data Processing - Admin

9 Admin & General Expenses Data Processing - Admin
7 Admin & General Expenses Data Processing - Admin
6 Admin & General Expenses Data Processing - Admin
8 Admin & General Expenses Data Processing - Admin
5 Sale & Marketing Data Processing - S&M
8 Sale & Marketing Data Processing - S&M
9 Sale & Marketing Data Processing - S&M
6 Sale & Marketing Data Processing - S&M
7 Sale & Marketing Data Processing - S&M
4 Sale & Marketing Data Processing - S&M

8 Room Expenses Data Processing HK

4 Maintance Expenses Engineering Supplies

5 Maintance Expenses Engineering Supplies

6 Maintance Expenses Engineering Supplies
8 Maintance Expenses Engineering Supplies
7 Maintance Expenses Engineering Supplies
9 Maintance Expenses Engineering Supplies
5 Admin & General Expenses Entertainment ( Admin )
4 Admin & General Expenses Entertainment ( Admin )
4 Admin & General Expenses EPC Bill
9 Admin & General Expenses EPC Bill
8 Admin & General Expenses EPC Bill
7 Admin & General Expenses EPC Bill
6 Admin & General Expenses EPC Bill
5 Admin & General Expenses EPC Bill
7 Admin & General Expenses Exchange A/C
6 Admin & General Expenses Exchange A/C
9 Admin & General Expenses Exchange A/C
5 Admin & General Expenses Exchange A/C
8 Admin & General Expenses Exchange A/C
4 Admin & General Expenses Exchange A/C

6 Revenue Food & Beverage

5 Revenue Food & Beverage
9 Revenue Food & Beverage
7 Revenue Food & Beverage
8 Revenue Food & Beverage
4 Revenue Food & Beverage
9 Food & Beverage Expenses Food Cost
5 Food & Beverage Expenses Food Cost
6 Food & Beverage Expenses Food Cost
7 Food & Beverage Expenses Food Cost
8 Food & Beverage Expenses Food Cost
4 Food & Beverage Expenses Food Cost
6 Room Expenses Guest Supplies
7 Room Expenses Guest Supplies
8 Room Expenses Guest Supplies
5 Room Expenses Guest Supplies
9 Room Expenses Guest Supplies
4 Room Expenses Guest Supplies
6 Admin & General Expenses Guest Supplies
7 Admin & General Expenses Guest Supplies
5 Admin & General Expenses Guest Supplies
7 Food & Beverage Expenses Guest Supplies
5 Food & Beverage Expenses Guest Supplies
6 Food & Beverage Expenses Guest Supplies
9 Food & Beverage Expenses Guest Supplies
4 Food & Beverage Expenses Guest Supplies
8 Food & Beverage Expenses Guest Supplies
8 Maintance Expenses Guest Supplies
6 Maintance Expenses Guest Supplies
7 Maintance Expenses Guest Supplies
8 Other Operation Department Guest Supplies
7 Other Operation Department Guest Supplies
6 Other Operation Department Guest Supplies
7 Sale & Marketing Internet bill for (S&M)
4 Sale & Marketing Internet bill for (S&M)

6 Sale & Marketing Internet bill for (S&M)

8 Sale & Marketing Internet bill for (S&M)
9 Sale & Marketing Internet bill for (S&M)
5 Admin & General Expenses Internet bill for A&G
4 Room Expenses Internet bill for Room

6 Room Expenses Internet bill for Room

7 Room Expenses Internet bill for Room
8 Room Expenses Internet bill for Room
9 Room Expenses Internet bill for Room
5 Room Expenses Internet bill for Room
9 Room Expenses Landscaping ( HK )
7 Room Expenses Landscaping ( HK )
5 Room Expenses Landscaping ( HK )
6 Room Expenses Landscaping ( HK )
8 Room Expenses Landscaping ( HK )
9 Admin & General Expenses Laundry
6 Admin & General Expenses Laundry
7 Admin & General Expenses Laundry
5 Admin & General Expenses Laundry
4 Admin & General Expenses Laundry
8 Admin & General Expenses Laundry
8 Food & Beverage Expenses Laundry
5 Food & Beverage Expenses Laundry
6 Food & Beverage Expenses Laundry
4 Food & Beverage Expenses Laundry
9 Food & Beverage Expenses Laundry
7 Food & Beverage Expenses Laundry
7 Maintance Expenses Laundry
8 Maintance Expenses Laundry
5 Revenue Laundry
6 Revenue Laundry
4 Revenue Laundry
9 Revenue Laundry
8 Revenue Laundry
7 Revenue Laundry
6 Room Expenses Laundry
7 Room Expenses Laundry
4 Room Expenses Laundry
9 Room Expenses Laundry
8 Room Expenses Laundry
5 Room Expenses Laundry
4 Admin & General Expenses Lease Rental

8 Admin & General Expenses Lease Rental

9 Admin & General Expenses Lease Rental

7 Admin & General Expenses Lease Rental

6 Admin & General Expenses Lease Rental

5 Admin & General Expenses Lease Rental

5 Admin & General Expenses Licenses & Tax ( Admin )

4 Admin & General Expenses Licenses & Tax ( Admin )
4 Room Expenses Linen ( HK )

4 Maintance Expenses Maintenance Building

6 Maintance Expenses Maintenance Building

9 Maintance Expenses Maintenance Building

8 Maintance Expenses Maintenance Building

5 Maintance Expenses Maintenance Building

7 Maintance Expenses Maintenance Building

6 Admin & General Expenses Man Power Development(Admin)

4 Admin & General Expenses Medical Expenses ( Admin )

6 Mini Bar Expenses Mini Bar Cost

5 Mini Bar Expenses Mini Bar Cost
7 Mini Bar Expenses Mini Bar Cost
9 Mini Bar Expenses Mini Bar Cost
8 Mini Bar Expenses Mini Bar Cost
4 Mini Bar Expenses Mini Bar Cost

5 Food & Beverage Expenses Miscellaneous

6 Food & Beverage Expenses Miscellaneous
7 Food & Beverage Expenses Miscellaneous
4 Food & Beverage Expenses Miscellaneous

9 Food & Beverage Expenses Miscellaneous

8 Food & Beverage Expenses Miscellaneous
8 Other Operation Department Miscellaneous
5 Room Expenses Miscellaneous ( HK )
4 Room Expenses Miscellaneous ( HK )

7 Room Expenses Miscellaneous ( HK )

8 Room Expenses Miscellaneous ( HK )
9 Room Expenses Miscellaneous ( HK )
4 Other Operation Department Miscellaneous ( SPA )

9 Admin & General Expenses Miscellenous

8 Admin & General Expenses Miscellenous
4 Admin & General Expenses Miscellenous

7 Admin & General Expenses Miscellenous

5 Admin & General Expenses Miscellenous
6 Admin & General Expenses Miscellenous
7 Maintance Expenses Miscellenous
9 Maintance Expenses Miscellenous
8 Maintance Expenses Miscellenous
9 Maintance Expenses Motor Vehical Expense
7 Maintance Expenses Motor Vehical Expense
8 Maintance Expenses Motor Vehical Expense
4 Maintance Expenses Motor Vehical Expense

5 Maintance Expenses Motor Vehical Expense

7 Room Expenses Operating - Beverage ( FO )
8 Room Expenses Operating - Beverage ( FO )
8 Food & Beverage Expenses OS for F&B
9 Food & Beverage Expenses OS for F&B
6 Food & Beverage Expenses OS for F&B
7 Food & Beverage Expenses OS for F&B
7 Admin & General Expenses OS for Finance
7 Room Expenses OS for HK,FO
6 Room Expenses OS for HK,FO
9 Admin & General Expenses OS for HR
6 Maintance Expenses OS for M&E
4 Maintance Expenses OS for M&E

8 Maintance Expenses OS for M&E

7 Maintance Expenses OS for M&E
9 Maintance Expenses OS for M&E
6 Admin & General Expenses OS for Security
5 Admin & General Expenses OS for Security
9 Other Operation Department OS for Spa
5 Revenue Other
6 Revenue Other
8 Revenue Other
9 Revenue Other
7 Revenue Other
4 Revenue Other
6 Revenue Other -Commerical & Services Mon
5 Revenue Other -Commerical & Services Mon
9 Revenue Other -Commerical & Services Mon
7 Revenue Other -Commerical & Services Mon
8 Revenue Other -Commerical & Services Mon
4 Revenue Other -Commerical & Services Mon
6 Tax & Services Money Other -Commerical Tax
5 Tax & Services Money Other -Commerical Tax
7 Tax & Services Money Other -Commerical Tax
8 Tax & Services Money Other -Commerical Tax
4 Tax & Services Money Other -Commerical Tax

9 Tax & Services Money Other -Commerical Tax

5 Other Operation Department Other Expense ( MOD )
9 Other Operation Department Other Expense ( MOD )
8 Other Operation Department Other Expense ( MOD )
4 Other Operation Department Other Expense ( MOD )

7 Other Operation Department Other Expense ( MOD )

6 Tax & Services Money Other -Services Money
9 Tax & Services Money Other -Services Money
5 Tax & Services Money Other -Services Money
7 Tax & Services Money Other -Services Money
8 Tax & Services Money Other -Services Money
4 Tax & Services Money Other -Services Money

7 Sale & Marketing Phone & Fax-S & M

5 Sale & Marketing Phone & Fax-S & M
6 Sale & Marketing Phone & Fax-S & M
4 Maintance Expenses Pool

8 Admin & General Expenses Postage,Telephone,e-mail

7 Admin & General Expenses Postage,Telephone,e-mail
6 Admin & General Expenses Postage,Telephone,e-mail
5 Admin & General Expenses Postage,Telephone,e-mail
9 Admin & General Expenses Postage,Telephone,e-mail
4 Admin & General Expenses Postage,Telephone,e-mail

6 Food & Beverage Expenses Postage,Telephone,e-mail

7 Food & Beverage Expenses Postage,Telephone,e-mail
8 Food & Beverage Expenses Postage,Telephone,e-mail
4 Food & Beverage Expenses Postage,Telephone,e-mail

9 Food & Beverage Expenses Postage,Telephone,e-mail

5 Food & Beverage Expenses Postage,Telephone,e-mail
6 Maintance Expenses Postage,Telephone,e-mail
7 Maintance Expenses Postage,Telephone,e-mail
8 Maintance Expenses Postage,Telephone,e-mail
5 Maintance Expenses Postage,Telephone,e-mail
4 Maintance Expenses Postage,Telephone,e-mail

9 Maintance Expenses Postage,Telephone,e-mail

6 Room Expenses Postage,Telephone,e-mail
8 Room Expenses Postage,Telephone,e-mail
9 Room Expenses Postage,Telephone,e-mail
4 Room Expenses Postage,Telephone,e-mail

7 Room Expenses Postage,Telephone,e-mail

5 Admin & General Expenses Present & Donation ( Admin )
8 Admin & General Expenses Present & Donation ( Admin )
6 Admin & General Expenses Present & Donation ( Admin )
9 Admin & General Expenses Present & Donation ( Admin )
4 Admin & General Expenses Present & Donation ( Admin )

7 Admin & General Expenses Present & Donation ( Admin )

5 Sale & Marketing Printing & Stationary-S & M
6 Sale & Marketing Printing & Stationary-S & M
9 Admin & General Expenses Printing & Stationery ( Admin )
6 Admin & General Expenses Printing & Stationery ( Admin )
7 Admin & General Expenses Printing & Stationery ( Admin )
8 Admin & General Expenses Printing & Stationery ( Admin )
5 Admin & General Expenses Printing & Stationery ( Admin )
4 Admin & General Expenses Printing & Stationery ( Admin )

4 Room Expenses Printing & Stationery ( FO )

5 Room Expenses Printing & Stationery ( FO )

6 Room Expenses Printing & Stationery ( FO,HK )
8 Room Expenses Printing & Stationery ( FO,HK )
7 Room Expenses Printing & Stationery ( FO,HK )
9 Room Expenses Printing & Stationery ( FO,HK )
8 Food & Beverage Expenses PS for F&B
5 Food & Beverage Expenses PS for F&B
4 Food & Beverage Expenses PS for F&B

6 Food & Beverage Expenses PS for F&B

9 Food & Beverage Expenses PS for F&B
7 Food & Beverage Expenses PS for F&B
8 Maintance Expenses PS for M&E
6 Maintance Expenses PS for M&E
5 Maintance Expenses PS for M&E
7 Maintance Expenses PS for M&E
9 Maintance Expenses PS for M&E
9 Admin & General Expenses PS for Security
9 Other Operation Department Ps for Spa
6 Other Operation Department Reallocation - SPA
7 Other Operation Department Reallocation - SPA
9 Other Operation Department Reallocation - SPA
5 Other Operation Department Reallocation - SPA
8 Other Operation Department Reallocation - SPA
4 Other Operation Department Reallocation - SPA

4 Admin & General Expenses Rental -Office

8 Admin & General Expenses Rental -Office

7 Admin & General Expenses Rental -Office

6 Admin & General Expenses Rental -Office

5 Admin & General Expenses Rental -Office

9 Admin & General Expenses Rental -Office

5 Room Expenses Room Commission Fee

4 Room Expenses Room Commission Fee
8 Room Expenses Room Commission Fee
7 Room Expenses Room Commission Fee
6 Room Expenses Room Commission Fee
9 Room Expenses Room Commission Fee
6 Revenue Room Revenue
5 Revenue Room Revenue
9 Revenue Room Revenue

7 Revenue Room Revenue

8 Revenue Room Revenue
4 Revenue Room Revenue
7 Admin & General Expenses Salary & Wages ( Admin )
5 Admin & General Expenses Salary & Wages ( Admin )
6 Admin & General Expenses Salary & Wages ( Admin )
9 Admin & General Expenses Salary & Wages ( Admin )
8 Admin & General Expenses Salary & Wages ( Admin )
4 Admin & General Expenses Salary & Wages ( Admin )
9 Maintance Expenses Salary & Wages ( Eng )
5 Maintance Expenses Salary & Wages ( Eng )
8 Maintance Expenses Salary & Wages ( Eng )
7 Maintance Expenses Salary & Wages ( Eng )
6 Maintance Expenses Salary & Wages ( Eng )
4 Maintance Expenses Salary & Wages ( Eng )

8 Food & Beverage Expenses Salary & Wages ( F&B )

9 Food & Beverage Expenses Salary & Wages ( F&B )
7 Food & Beverage Expenses Salary & Wages ( F&B )
6 Food & Beverage Expenses Salary & Wages ( F&B )
5 Food & Beverage Expenses Salary & Wages ( F&B )
4 Food & Beverage Expenses Salary & Wages ( F&B )

8 Room Expenses Salary & Wages ( HK )

9 Room Expenses Salary & Wages ( HK )

7 Room Expenses Salary & Wages ( HK )
6 Room Expenses Salary & Wages ( HK )
5 Room Expenses Salary & Wages ( HK )
4 Room Expenses Salary & Wages ( HK )

5 Other Operation Department Salary & Wages ( Ldy )

6 Other Operation Department Salary & Wages ( Ldy )
7 Other Operation Department Salary & Wages ( Ldy )
8 Other Operation Department Salary & Wages ( Ldy )
9 Other Operation Department Salary & Wages ( Ldy )
4 Other Operation Department Salary & Wages ( Ldy )

8 Sale & Marketing Salary & Wages ( S&M )

9 Sale & Marketing Salary & Wages ( S&M )
7 Sale & Marketing Salary & Wages ( S&M )
5 Sale & Marketing Salary & Wages ( S&M )
6 Sale & Marketing Salary & Wages ( S&M )
4 Sale & Marketing Salary & Wages ( S&M )

9 Other Operation Department Salary & Wages ( Spa )

5 Other Operation Department Salary & Wages ( Spa )
8 Other Operation Department Salary & Wages ( Spa )
7 Other Operation Department Salary & Wages ( Spa )
6 Other Operation Department Salary & Wages ( Spa )
4 Other Operation Department Salary & Wages ( Spa )

5 Maintance Expenses Sky Net Life Extension

6 Revenue SPA
5 Revenue SPA
7 Revenue SPA
9 Revenue SPA
4 Revenue SPA
8 Revenue SPA
7 Admin & General Expenses Staff Activity
9 Admin & General Expenses Staff Activity
4 Admin & General Expenses Staff Related Exp

6 Admin & General Expenses Staff Related Exp

7 Admin & General Expenses Staff Related Exp
8 Admin & General Expenses Staff Related Exp
9 Admin & General Expenses Staff Related Exp
5 Admin & General Expenses Staff Related Exp
7 Sale & Marketing Staff Related Exp - S&M
5 Sale & Marketing Staff Related Exp - S&M
9 Sale & Marketing Staff Related Exp - S&M
8 Sale & Marketing Staff Related Exp - S&M
6 Sale & Marketing Staff Related Exp - S&M
4 Food & Beverage Expenses Staff Related Expenses

7 Food & Beverage Expenses Staff Related Expenses

8 Food & Beverage Expenses Staff Related Expenses
5 Food & Beverage Expenses Staff Related Expenses
6 Food & Beverage Expenses Staff Related Expenses
9 Food & Beverage Expenses Staff Related Expenses
4 Maintance Expenses Staff Related Expenses

5 Maintance Expenses Staff Related Expenses

6 Maintance Expenses Staff Related Expenses
7 Maintance Expenses Staff Related Expenses
8 Maintance Expenses Staff Related Expenses
9 Maintance Expenses Staff Related Expenses
5 Other Operation Department Staff Related Expenses
6 Other Operation Department Staff Related Expenses
7 Other Operation Department Staff Related Expenses
8 Other Operation Department Staff Related Expenses
9 Other Operation Department Staff Related Expenses
5 Other Operation Department Staff Related Expenses
6 Other Operation Department Staff Related Expenses
7 Other Operation Department Staff Related Expenses
8 Other Operation Department Staff Related Expenses
9 Other Operation Department Staff Related Expenses
4 Other Operation Department Staff Related Expenses

4 Other Operation Department Staff Related Expenses

8 Room Expenses Staff Related Expenses

7 Room Expenses Staff Related Expenses
6 Room Expenses Staff Related Expenses
4 Room Expenses Staff Related Expenses

5 Room Expenses Staff Related Expenses

9 Room Expenses Staff Related Expenses
9 Admin & General Expenses Staff S S B (Admin)
7 Admin & General Expenses Staff S S B (Admin)
4 Admin & General Expenses Staff S S B (Admin)

8 Admin & General Expenses Staff S S B (Admin)

6 Admin & General Expenses Staff S S B (Admin)
5 Other Operation Department Transport Expenses ( MOD )
6 Other Operation Department Transport Expenses ( MOD )
9 Other Operation Department Transport Expenses ( MOD )
7 Other Operation Department Transport Expenses ( MOD )
4 Other Operation Department Transport Expenses ( MOD )

8 Other Operation Department Transport Expenses ( MOD )

6 Revenue Transportation
5 Revenue Transportation
9 Revenue Transportation
7 Revenue Transportation
4 Revenue Transportation
8 Revenue Transportation
8 Admin & General Expenses Transportation - Admin
4 Admin & General Expenses Transportation - Admin

7 Admin & General Expenses Transportation - Admin

9 Admin & General Expenses Transportation - Admin
6 Admin & General Expenses Transportation - Admin
5 Admin & General Expenses Transportation - Admin
4 Sale & Marketing Transportation - S&M

5 Sale & Marketing Transportation - S&M

7 Sale & Marketing Transportation - S&M
6 Sale & Marketing Transportation - S&M
8 Sale & Marketing Transportation - S&M
9 Sale & Marketing Transportation - S&M
9 Maintance Expenses Transportation & Labour ( eng )
5 Food & Beverage Expenses Transportation & Labour ( F&B )
4 Food & Beverage Expenses Transportation & Labour ( F&B )

9 Food & Beverage Expenses Transportation & Labour ( F&B )

7 Food & Beverage Expenses Transportation & Labour ( F&B )
6 Food & Beverage Expenses Transportation & Labour ( F&B )
8 Food & Beverage Expenses Transportation & Labour ( F&B )
5 Room Expenses Transportation & Labour ( HK )
7 Room Expenses Transportation & Labour ( HK )
6 Room Expenses Transportation & Labour ( HK )
9 Room Expenses Transportation & Labour ( HK )
4 Room Expenses Transportation & Labour ( HK )

8 Room Expenses Transportation & Labour ( HK )

8 Maintance Expenses Transportation Labour & M&E

4 Admin & General Expenses Uniform for A&G Department

5 Admin & General Expenses Uniform for A&G Department

6 Admin & General Expenses Uniform for A&G Department
7 Admin & General Expenses Uniform for A&G Department
8 Admin & General Expenses Uniform for A&G Department
9 Admin & General Expenses Uniform for A&G Department
4 Food & Beverage Expenses Uniform for F&B Department

5 Food & Beverage Expenses Uniform for F&B Department

6 Food & Beverage Expenses Uniform for F&B Department
7 Food & Beverage Expenses Uniform for F&B Department
8 Food & Beverage Expenses Uniform for F&B Department
9 Food & Beverage Expenses Uniform for F&B Department
4 Maintance Expenses Uniform for M&E

5 Maintance Expenses Uniform for M&E

6 Maintance Expenses Uniform for M&E
7 Maintance Expenses Uniform for M&E
8 Maintance Expenses Uniform for M&E
9 Maintance Expenses Uniform for M&E
4 Room Expenses Uniform for Room Dept

5 Room Expenses Uniform for Room Dept

6 Room Expenses Uniform for Room Dept
7 Room Expenses Uniform for Room Dept
8 Room Expenses Uniform for Room Dept
9 Room Expenses Uniform for Room Dept
8 Admin & General Expenses Utential Diesel
4 Admin & General Expenses Utential Diesel

7 Admin & General Expenses Utential Diesel

6 Admin & General Expenses Utential Diesel
9 Admin & General Expenses Utential Diesel
5 Admin & General Expenses Utential Diesel
6 Food & Beverage Expenses Utential GAS Cost
7 Food & Beverage Expenses Utential GAS Cost
5 Food & Beverage Expenses Utential GAS Cost
4 Food & Beverage Expenses Utential GAS Cost

9 Food & Beverage Expenses Utential GAS Cost

8 Food & Beverage Expenses Utential GAS Cost
Amount
295.00
365.00
600.00
1,026.30
3,453.19
4672.67
13.00
82.71
85.68
87.44
140.26
176.52
241.03
252.95
419.57

505.32
800.16

1,289.93
15.00

65.22
80.58
93.83
104.18
127.91
225.14
3.93
12.81
13.19
14.74
24.59
25.93

2.22
2.37
1.48
2.96
63.67
63.75
 14.42
173.68
185.40
233.68
305.38
762.87
0.57
1.46
1.85
3.80
3.99
5.00
18.38

18.71
18.71
27.00
7.41
7.41
7.41
15.56
64.74
207.41
7.41
7.41
7.41
14.81
15.56
33.33
400.00
90.56
350.22
685.63
708.19
1,331.70
1,821.85
7.41
13.63
1,711.11
1,407.48
 1,937.11
1,757.86
2,652.00
3,212.59
(2,000.00)
(809.10)
(744.43)
(244.61)
(1.32)
882.02
2,039.28
3,892.23
5108.51
7,747.82
8,751.54
11,766.94
741.90
1,209.13
1,499.56
1,548.11
1,871.83
2,553.78

106.03
219.70
255.28
259.62
273.27
343.26
1.85
4.22
10.71
13.70
14.23
14.45
18.04
19.55
27.04

0.56
0.67
 1.68
3.30
4.72
6.56
111.11
111.11
111.11
111.11
122.22
111.11
111.11
111.11
111.11
111.11
111.11
118.12
453.18
475.92
496.96
544.37
710.93
2.05
2.22
3.10
3.69
4.62
4.85
2.14

2.36
3.37
5.76

6.31
7.52
0.53
1.12
40.87
93.91
116.52
234.78
 254.35
256.09
1.01
1.88
37.58
68.51
89.81
92.22
400.00
400.00
400.00
400.00
400.00
400.00
92.59
280.86
1,560.00
539.26
1,187.41
1,219.96
1869.01
2,364.59
3,444.91
222.22
3.89
48.15
86.04
92.43
95.91
106.80
144.63
12.95
21.63
109.58
116.80

132.33
660.69

90.83
61.24
 64.74
68.96
195.73
200.08
16.29
23.56
36.96
38.83
47.98
92.59
151.48
15.05
59.38
272.68
68.37
101.85
202.59
472.67
600.85
2.97
5.94
1.67

2.93
3.19
50.11
8.19
78.76
98.82
13.32
0.37
0.74
1.85
3.30
4.00
0.40
0.67
1.54
84.09
113.79
 354.26
381.82
820.55
1,702.08
934.58
1,878.24
2,638.89
3,450.73
4416.19
4,986.45
311.53
626.08
1,150.24
1,472.00
1,662.15

1,759.00
7.21
45.93
72.68
270.24
381.50
623.05
879.63
1,252.15
2,300.00
2,944.00
3,324.30

9.26
11.11
11.11
211.11
59.06
68.32
70.17
70.17
70.18
81.07
62.57
62.57
 62.57
62.57

62.57
69.64
59.06
59.06
59.06
59.06
59.07
59.07
7.01
7.01
7.01
14.11
125.53
74.07
170.59
207.41
207.41
207.48
526.67
3.31
5.94
16.29
18.61
33.28
36.70
38.84
59.05
41.76
89.13
6.81
26.67
38.67
46.23
1.33

3.31
3.84

5.14
 7.11
14.55
0.07
0.22
0.89
4.52
7.78
4.33
1.15
15.52
18.65
20.83
31.73
50.08
73.21
370.37
370.37
370.37
370.37
370.37
370.37
247.16
274.59
1829.55
577.93
169.83
155.43
3,439.08
7,284.97
10,254.11
13,118.36
16,754.90
18,506.12
5,482.22
5,522.96
5,595.91
5,839.18
5,852.38
12,955.55
 866.11
975.56
1106.28
1,119.70
1,123.49
1551.76
2,683.17

2,759.37
2,772.22
2,959.75
3,091.85
4,635.84

1853.86
1,897.40
2,051.75
2,577.01
2,980.96
5,459.00
168.89
195.56
195.56
195.56
195.56
293.38
644.44
644.44
866.67
962.96
1,162.96
1411.11
490.20
492.59
496.30
593.09
602.96
1,034.26
46.67
465.22
954.78
1,446.09
1569.57
1,874.78
1,911.30
25.00
25.00
175.27
324.42
455.22
475.70
526.60
528.42
24.11
28.52
30.70
38.74
52.15
60.74

285.35
287.52

289.24
292.11
328.80
91.11
91.34
92.28
131.70
143.76
164.40
30.45
30.76
43.80
47.92
55.00
60.90
61.52
87.80
95.84
109.60
 242.97
288.52
383.52
395.10
430.63
470.75
471.92
548.00
202.89
214.67
219.44
244.59
384.40
25.78
34.74
132.83
272.67
351.33
467.10
193.04
348.70
425.65
436.52
978.61
1,769.22
19.14
107.41
343.75
473.80
514.51
640.99
6.15
11.70
21.02
25.41
40.15
41.04
32.96
22.22
 46.52

69.63
75.31
83.00
124.94

62.22
84.20
94.81
101.48
112.07
112.72
33.95
49.28
49.28
49.28
49.28
49.28
49.28
11.55

11.55
11.55
11.55
11.55

11.55
10.75
10.75
10.75
10.75
10.75
10.75
19.23
19.23
19.23
19.23
19.23
19.23
206.21
237.54
242.89
296.30
319.35
331.49
24.00
96.00
153.00
201.48

201.48
274.22
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 May 2018
Amount (USD)
Revenue 14,483.88
Room Revenue 7,284.97
Mini Bar Revenue
Food & Beverage 3,892.23
Other Operation Department
Phone
SPA 954.78
Other 84.09
Transportation 348.70
Laundry 40.87
Other -Commerical & Services Money 1878.24

Total Revenue 14,483.88

Cost of Sale
Room Expenses 5,372.09
Salary & Wages ( HK ) 2980.96
Staff Related Expenses 471.92
Cleaning Supplies ( HK ) 104.18
Guest Supplies 259.62
Printing & Stationery ( FO ) 89.13
OS for FO 0.00
Laundry 92.22
Linen ( HK )
Uniform for Room Dept 19.23
Internet bill for Room 118.12
Postage,Telephone,e-mail 0.00
Transportation & Labour ( HK ) 62.22
Landscaping ( HK ) 496.96
Complimentory Food & Beverage 305.38
Room Commission Fee ( for April'18 ) 247.16
Commision Fee 63.75
Miscellaneous ( HK ) 61.24
OS for HK 0.00

Mini Bar Expenses 86.04

Mini Bar Cost 86.04

Food & Beverage Expenses 5,145.24

Food Cost 1,209.13
Beverage Cost 252.95
Salary & Wages ( F&B ) 3,091.85

Staff Related Expenses 289.24

Cleaning Supply 12.81
Guest Supply 14.23
PS for F&B 3.31
 Laundry 2.36
Uniform for F&B Department 11.55 -
Postage,Telephone,e-mail 69.64
Transportation & Labour ( F&B ) 22.22
Utential GAS Cost 153.00
Miscellaneous 12.95
OS for F&B -

Other Operation Department 818.12

Salary & Wages ( Spa ) 492.59
Staff Related Expenses 30.45
Cost Of Souvenier
Transport Expenses ( MOD ) 25.78
Other Expense ( MOD ) 7.21
Cost of Laundry 0.57
Salary & Wages ( Ldy ) 168.89
Staff Related Expenses 60.90
Reallocation - SPA 31.73

Tax & Services Money 1,878.23

Other -Commerical Tax 626.08
Other -Services Money 1,252.15

Total Cost of Sale 13,299.72

Gross Operating Profit 1,184.16

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 4,478.20
Salary & Wages ( S&M ) 962.96
Data Processing - S&M 7.41
Internet bill for (S&M)

Transportation - S&M 11.70

Advertising 3453.19
Staff Related Exp - S&M 28.52

Printing & Stationary-S & M 3.31

Phone & Fax-S & M 11.11

Maintance Expenses 4,499.93

Salary & Wages ( Eng ) 975.56
Staff Related Expenses 91.34
Engineering Supplies 350.22
Uniform for M&E 10.75
Postage,Telephone,e-mail 59.06
Motor Vehical Expense 600.85
Maintenance Building 2364.59
PS for M&E 0.89
Sky Net Life Extension 46.67

Admin & General Expenses 11,461.02

Salary & Wages ( Admin ) 5,522.96
 Staff Related Exp 528.42
Printing & Stationery ( Admin ) 38.84
Laundry 3.69
Data Processing - Admin 7.41
Uniform for A&G Department 49.28
Postage,Telephone,e-mail 70.17
Transportation - Admin 640.99
Bank Charges ( Admin ) 140.26
Exchange A/C (244.61)
Licenses & Tax ( Admin ) 92.59
Internet bill for A&G 111.11
Entertainment ( Admin ) 7.41
Present & Donation ( Admin ) 74.07
Rental -Office ( for May'18 ) 370.37
Medical Expenses ( Admin )
Miscellenous 92.59
Utential Diesel 331.49
EPC Bill for May'18 3,212.59
Lease Rental for May'18 400.00
Guest Supply 10.71
OS for Security 0.67
PS for Security -

Total -Sale & Marketing , M&E and Admin & General Expenses 20,439.16

Net Operating Profit (19,255.00)

19,255.00
0.00
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 June'18
Opening YGN
50102 4000 PL Staff Related Exp - Admin 29.3333333333

50102 5000 PL Staff Related Exp - S&M 28.5185185185

 1,350.00 79,803.94
YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
35100 26

31900 23.62962963
JV -Current (USD) Coso Trail
55.33 - 55.33 55.3333333333333

52.15 - 52.15 52.1481481481482

 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 th June

Opening
Account code Department BS / PL Particular Debit
11012 100 BS Cash in Hand 162254.00
13023 100 BS A/R Guest Ledger -Inle 3375.86
13024 100 BS City Ledger ( Agoda ) 21668.93
13024 100 BS City Ledger ( HO ) 3515264.80
13027 100 BS Construction- pool 3650.60
13027 100 BS Construction ( Laundry )
13027 100 BS Construction: Second Phase 21075.69
13032 100 BS Yangon Purchase
14011 100 BS Inventory-Food(Store) 3764.56
14012 100 BS Inventory-Beverage(Store) 11401.30
14012 100 BS Inventory-Beverage(Store) 232.21
14013 100 BS Inventory Cleaning Supply Store 1921.39
14013 100 BS Inventory - Cleaning Supplies 387.23
14014 100 BS Inventory-Guest Supplies ( Store ) 1231.72
14014 100 BS Inventory-Printing Supplies ( Store ) 3989.84
14015 100 BS Inventory - Massage Oil 61.38
14016 100 BS Inventory - Souvier 20.61
14017 100 BS Inventory-Other Supply ( Store ) 3489.47
14019 100 BS Inventory-Diesel & Petrol ( Store ) 118.23
14019 100 BS Inventory Diesel,Petrol ( Generator ) 141.77
14020 100 BS Inventory-Gas 43.74
14021 100 BS Inventory - H.K'Guest Supplies 852.74
14024 100 BS Inventory - Mini Bar ( Food ) 31.34
14024 100 BS Inventory - Mini Bar ( Bev ) 135.16
14122 100 BS Staff Canteen Expenses -0.01
14125 100 BS Operation - Food 3975.73
14126 100 BS Operation - Beverage ( Bar ) 3837.68
15012 100 BS Prepaid 15291.15
15115 100 BS AR Collection - Deposit
16014 100 BS Staff Advance 8620.03
16015 100 BS Refund 230.55
16103 100 BS Supsend
16303 100 BS Current A/C Cash Remittance
17098 100 BS F Asset F&B 16789.75
17100 100 BS F Asset(Eng) 744.44
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 20501.21
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17102 100 BS Fixed Asset ( HK ) 22910.08
17105 100 BS Fixed Asset ( Venical ) 37648.15
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS Construction ( HOD House, Office, Store ) 76571.61
20103 100 BS Prepaid
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental
18011 200 BS Account Payable -Services Money
18011 200 BS Account Payable -Commerical Tax
18011 200 BS Account Payable - Columbus 118461.54
18011 200 BS Accrued Payable Hotel (Trade )
19014 200 BS Accrued Electricity
19014 200 BS Account Payable - Office Rental (HO)
19014 200 BS Account Payable - Internet bill ( MPT ) For May'18
21102 200 BS Tip for Staff
29999 200 BS Retain Earning
30101 1000 PL Revenue Room
50101 1000 PL Salary & Wages ( HK )
50102 1000 PL Staff Related Expenses
60102 1000 PL Cleaning Supplies
60103 1000 PL PS for FO
60103 1000 PL Guest Supplies
60103 1000 PL Printing & Stationery ( HK)
60107 1000 PL PS for HK
60202 1000 PL Laundry
60204 1000 PL Uniform for Room Dept
60301 1000 PL Internet bill for Room
60301 1000 PL Postage,Telephone,e-mail
60303 1000 PL Transportation Expense ( HK )
60410 1000 PL Complimentory Food & Beverage
60410 1000 PL Complimentory ( HK )
61021 1000 PL Inventory Diesel,Petrol ( Garden )
61021 1000 PL Landscaping ( HK )
62011 1000 PL Room Commission Fee ( for May'18 )
69999 1000 PL OS for HK
69999 1000 PL OS for FO
31011 2000 PL Revenue Food
32011 2000 PL Revenue Beverage
41011 2000 PL Food Cost
42011 2000 PL Beverage Cost
50101 2000 PL Salary & Wages ( F&B )
50102 2000 PL Staff Related Expenses
60102 2000 PL Cleaning Supply
60103 2000 PL Guest Supply
60107 2000 PL PS for Kitchen
60202 2000 PL Laundry
60204 2000 PL Uniform for F&B Department
60301 2000 PL Internet bill for F&B
60301 2000 PL Postage,Telephone,e-mail
60303 2000 PL Transportation ( F&B )
60415 2000 PL Utential GAS Cost
69999 2000 PL Miscellaneous
69999 2000 PL OS for F&B
30101 3200 PL Revenue Spa
50101 3200 PL Salary & Wages ( Spa )
50102 3200 PL Staff Related Expenses
69999 3200 PL Guest Supply
30102 3300 PL Revenue - Others
30102 3300 PL Other -Commerical & Services Money
30102 3300 PL Revenue Other
30104 3300 PL Revenue - Transportation
40101 3300 PL Cost Of Minibar ( Food )
40101 3300 PL Cost Of Minibar ( Beverage )
60303 3300 PL Transportation(MOD)
64012 3300 PL Transport Expenses
64015 3300 PL Payable - Service Money for June'18
64015 3300 PL Comersial Tax for June'18
64015 3300 PL Cost Of Souvenier
64015 3300 PL Service Money
30101 3400 PL Revenue Laundry
40101 3400 PL Cost of Laundry
50101 3400 PL Salary & Wages ( Ldy )
50102 3400 PL Staff Related Expenses
50101 4000 PL Salary & Wages ( Admin )
50102 4000 PL Staff Related Exp
60103 4000 PL Printing & Stationery ( Store)
60107 4000 PL PS for Finance
60107 4000 PL PS for F&B
60202 4000 PL Laundry
60204 4000 PL Uniform for A&G Department
60301 4000 PL Internet bill for A&G
60301 4000 PL Postage,Telephone,e-mail
60303 4000 PL Transportation Expense ( Admin )
60408 4000 PL Bank Charges ( Admin )
60410 4000 PL Man Power Development(Admin)
60413 4000 PL Exchange A/C
60418 4000 PL Staff S S B (Admin)
60422 4000 PL Donation (Admin)
63011 4000 PL Rental -Office ( for June'18 )
69999 4000 PL Guest Supply
69999 4000 PL OS for Finance
69999 4000 PL Miscellenous ( Admin )
50101 5000 PL Salary & Wages ( Eng )
60301 6000 PL Internet bill for S&M
50101 6000 PL Salary & Wages ( S&M )
50102 6000 PL Staff Related Expenses
60108 6000 PL Engineering
60108 6000 PL Engineering Supplies
60204 6000 PL Uniform for M&E
60301 6000 PL Internet bill for M&E
60301 6000 PL Postage,Telephone,e-mail
61011 6000 PL Maintenance Building
69999 6000 PL PS for M&E
69999 6000 PL Guest Supply
69999 6000 PL Cleaning Supply
69999 6000 PL OS for M&E
65012 7000 PL Utential Diesel
65013 7000 PL EPC Bill for May'18
70102 8000 PL Lease Rental for June'18
80105 9000 PL Reallocation - SPA

4,134,323.62
 217832.29 123488.929516908
Opening USD JV Coso
Credit Debit Credit Debit Credit Debit
94343.360483 161863.106586151 256,597.36
4255.9138343 7,278.90 3499 10,654.76
21,668.93
3499 3,518,763.80
3,650.60
22558.14 -
21,075.69
463576.50 891.9674074074 -
89.25925925926 276.1 3,853.82
11,401.30
64.37 232.21
233.33 62 2,154.73
51.41 73.28 438.64
140 146.79 1,371.72
37.88 3,989.84
29.444444444 15.52 90.82
18.71 20.61
11.851851852 108.33 3,501.32
296.30 171.56 414.53
148.15 296.3 289.92
24 43.74
124.63 103.62 977.37
25.49 31.34
24.81 22.66 159.97
838.92592593 314.3662962963 1153.3 1,153.29
642.3522222222 1395.84 4,618.08
39.56 1289.93 3,877.24
111.8444444444 15,291.15
718.20 -
2444.4444444 2444.44444444444 11,064.47
230.55
14868.94 -
942098.56 -
16,789.75
744.44
12,962.56
20,501.21
21,830.56
22,910.08
37,648.15
1,082.40
8,800.00
76,571.61
0 -
8,953.63
 18400.00 400 -
3430.59 623.05 -
106278.89 311.53 -
49000 167,461.54
15328.28 1772.1474074 892.0522215 1,772.15
8620.47 1195.62962963 -
14725.61 370.3703703704 -
388.89 388.8888888889 -
479.15 -
2522851.42 -
0 3439.08 -
2577.0133333 0 2,577.01
430.63 0 430.63
65.22 0 65.22
2.96 0 2.96
106.03 0 106.03
2.962962963 0 2.96
0.89 0 0.89
1.01 0 1.01
19.23037037037 0 19.23
111.1111111111 0 111.11
7.012592592593 0 7.01
94.814814815 0 94.81
4.72 0 4.72
9.7037037037 0 9.70
11.56 0 11.56
532.81481481 0 532.81
169.83 0 169.83
47.75 0 47.75
51.07 0 51.07
0 1610.48 -
0 428.8 -
131.52592593 1368.03 0 1,499.56
1289.93 0 1,289.93
2959.7488889 0 2,959.75
292.11 0 292.11
3.93 0 3.93
14.45 0 14.45
1.14 0 1.14
3.37 0 3.37
11.54740740741 0 11.55
55.55555555556 0 55.56
7.012592592593 0 7.01
83 0 83.00
24 0 24.00
21.63481481481 0 21.63
3.19 0 3.19
- 465.22 -
602.96296296 0 602.96
61.52 0 61.52
 6.56 6.56
0 113.79 -
0 934.58 -
0 -
0 193.04 -
25.49 0 25.49
22.66 0 22.66
22.888888889 0 22.89
11.85 0 11.85
623.05 0 623.05
311.53 0 311.53
18.71 0 18.71
1252 0 1,252.00
0 93.91 -
1.46 0 1.46
195.55555556 0 195.56
30.76 0 30.76
5595.9140741 0 5,595.91
269.09 0 269.09
2.2222222222 0 2.22
28.67 0 28.67
4 0 4.00
2.22 0 2.22
49.28 0 49.28
55.55555555556 0 55.56
3.505925925926 0 3.51
347.84444444 0 347.84
85.675556 0 85.68
222.22222222 0 222.22
44005.44 44800.9133333333 44,005.44
384.40444444 0 384.40
207.40740741 0 207.41
370.3703703704 0 370.37
1.85 0 1.85
0.4 0.40
151.48148148 0 151.48
1123.4888889 0 1,123.49
111.1111111111 0 111.11
1162.962963 0 1,162.96
92.28 0 92.28
127.7777777778 0 127.78
557.85185185 0 557.85
10.74962962963 0 10.75
55.55555555556 0 55.56
3.505925925926 0 3.51
1155.9259259 0 31.48148148148 1,187.41
0.22 0 0.22
0.67 0 0.67
2.22 2.22
0.37 0 0.37
 296.30 0 296.30
1456.3703704 1,195.63 0 2,652.00
400 0 400.00
15.52 0 15.52
0 -
4,134,323.63 213,364.38 213,364.38 21,248.91 21,248.91 4,368,936.92
(0.00) 0.00 0.00
Coso
Credit Inle
161,863.11 94,734.26 94734.26 0.00
7,754.91 2,899.84 7155.76 -4255.91
- 21,668.93 21668.93 0.00
- 3,518,763.80 3518763.8 0.00
- 3,650.60 3650.60 0.00
22,558.14 (22,558.14) -22558.14 0.00
- 21,075.69 21075.69 0.00
464,468.46 (464,468.46) -464468.46 0.00
276.10 3,577.72 3577.72 0.00
- 11,401.30 11401.30 0.00
64.37 167.84 167.84 0.00
62.00 2,092.73 2092.73 0.00
73.28 365.36 365.36 0.00
146.79 1,224.93 1224.93 0.00
37.88 3,951.96 3951.96168869 0.00
15.52 75.30 75.3032927218 0.00
18.71 1.90 1.90 0.00
108.33 3,392.99 3392.99 0.00
171.56 242.97 242.97 0.00
296.30 (6.38) -6.38 0.00
24.00 19.74 19.7407899508 0.00
103.62 873.75 873.75 0.00
25.49 5.85 5.85 0.00
22.66 137.31 137.31 0.00
1,153.30 (0.01) (57.72) 57.71
1,395.84 3,222.24 3,222.24 0.00
1,289.93 2,587.31 2587.31 0.00
111.84 15,179.30 15179.30 0.00
718.20 (718.20) -718.20 0.00
2,444.44 8,620.03 8620.03 0.00
- 230.55 230.55 0.00
14,868.94 (14,868.94) -14868.94 0.00
942,098.56 (942,098.56) -942098.56 0.00
- 16,789.75 16789.75 0.00
- 744.44 744.44 0.00
- 12,962.56 12962.56 0.00
- 20,501.21 20501.21 0.00
- 21,830.56 21830.56 0.00
- 22,910.08 22910.08 0.00
- 37,648.15 37648.15 0.00
- 1,082.40 1082.40 0.00
- 8,800.00 8800.00 0.00
- 76,571.61 76571.61 0.00
- - 0.00 0.00
- 8,953.63 8953.63 0.00
 18,800.00 (18,800.00) -18800.00 0.00
4,053.64 (4,053.64) -4053.64 0.00
106,590.42 (106,590.42) -106590.42 0.00
- 167,461.54 167461.54 0.00
16,220.33 (14,448.19) -14448.19 0.00
9,816.10 (9,816.10) -9816.10 0.00
15,095.98 (15,095.98) -15095.98 0.00
777.78 (777.78) -777.78 0.00
479.15 (479.15) -479.15 0.00
2,522,851.42 (2,522,851.42) -2522851.42 0.00
3,439.08 (3,439.08) -5033.96 1594.88
- 2,577.01 2577.01 0.00
- 430.63 456.12 -25.49
- 65.22 65.22 0.00
- 2.96 2.96 0.00
- 106.03 106.03 0.00
- 2.96 2.96 0.00
- 0.89 0.89 0.00
- 1.01 1.01 0.00
- 19.23 19.23 0.00
- 111.11 111.11 0.00
- 7.01 7.01 0.00
- 94.81 94.81 0.00
- 4.72 4.72 0.00
- 9.70 9.70 0.00
- 11.56 11.56 0.00
- 532.81 532.81 0.00
- 169.83 169.83 0.00
- 47.75 47.75 0.00
- 51.07 51.07 0.00
1,610.48 (1,610.48) -2697.93 1087.45
428.80 (428.80) -933.44 504.64
- 1,499.56 1499.56 0.00
- 1,289.93 1289.93 0.00
- 2,959.75 2959.75 0.00
- 292.11 309.51 -17.40
- 3.93 3.93 0.00
- 14.45 14.45 0.00
- 1.14 1.14 0.00
- 3.37 3.37 0.00
- 11.55 11.55 0.00
- 55.56 55.56 0.00
- 7.01 7.01 0.00
- 83.00 83.00 0.00
- 24.00 24.00 0.00
- 21.63 21.63 0.00
- 3.19 3.19 0.00
465.22 (465.22) -1082.82 617.60
- 602.96 602.96 0.00
- 61.52 65.16 -3.64
 6.56 6.56
113.79 (113.79) -113.79 0.00
934.58 (934.58) -934.58 0.00
- - -120.56 120.56
193.04 (193.04) -420.23 227.19
- 25.49 25.49 0.00
- 22.66 22.66 0.00
- 22.89 22.89 0.00
- 11.85 11.85 0.00
- 623.05 623.05 0.00
- 311.53 311.53 0.00
- 18.71 18.71 0.00
- 1,252.00 1252.00 0.00
93.91 (93.91) -197.50 103.59
- 1.46 1.46 0.00
- 195.56 195.56 0.00
- 30.76 30.76 0.00
- 5,595.91 5595.91 0.00
- 269.09 272.99 -3.90
- 2.22 2.22 0.00
- 28.67 28.67 0.00
- 4.00 4.00 0.00
- 2.22 2.22 0.00
- 49.28 49.28 0.00
- 55.56 55.56 0.00
- 3.51 3.51 0.00
- 347.84 347.84 0.00
- 85.68 85.68 0.00
- 222.22 222.22 0.00
44,800.91 (795.47) -795.47 0.00
- 384.40 384.40 0.00
- 207.41 207.41 0.00
- 370.37 370.37 0.00
- 1.85 8.41 -6.56
- 0.40 0.40 0.00
- 151.48 151.48 0.00
- 1,123.49 1123.49 0.00
- 111.11 111.11 0.00
- 1,162.96 1162.96 0.00
- 92.28 92.28 0.00
- 127.78 127.78 0.00
- 557.85 557.85 0.00
- 10.75 10.75 0.00
- 55.56 55.56 0.00
- 3.51 3.51 0.00
- 1,187.41 1187.41 0.00
- 0.22 0.22 0.00
- 0.67 0.67 0.00
- 2.22 2.22 0.00
- 0.37 0.37 0.00
 - 296.30 296.30 0.00
- 2,652.00 2652.00 0.00
- 400.00 400.00 0.00
- 15.52 15.52 0.00
-
4,368,936.92 (0.00) (7.28) #REF!
(0.00) #REF!
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 30th June' 2018

Inle YGN
11012 100 BS Cash in Hand 94734.26 80323.726688801
13023 100 BS A/R Guest Ledger -Inle 2899.84
13023 100 BS AR Collection -32686.86740741
13024 100 BS City Ledger ( Agoda ) 21668.93
13024 100 BS City Ledger ( HO ) 3518763.8 -3518763.8
13027 100 BS Construction- pool 3650.60 662.72727272727
13027 100 BS Construction ( Laundry ) -22558.14
13027 100 BS Construction: Second Phase 21075.69

13027 100 BS Construction ( Brick ) Swimming Pool (Fix

asset )
13032 100 BS Yangon Purchase -464468.46 464269.11793385
13032 100 BS Current HO Payable - Outstanding -2316.736893486
14011 100 BS Inventory-Food(Store) 3577.72
14012 100 BS Inventory-Beverage(Store) 11569.14
14013 100 BS Inventory Cleaning Supply Store 2092.73
14013 100 BS Inventory - Cleaning Supplies 365.36
14014 100 BS Inventory-Guest Supplies ( Store ) 1224.93
14014 100 BS Inventory-Printing Supplies ( Store ) 3982.85168869
14015 100 BS Inventory - Massage Oil 75.3032927218
14016 100 BS Inventory - Souvier 1.90
14017 100 BS Inventory-Other Supply ( Store ) 3392.99
14019 100 BS Inventory-Diesel & Petrol ( Store ) 242.97
14019 100 BS Inventory Diesel,Petrol ( Generator ) -6.38
14020 100 BS Inventory-Gas 19.7407899508
14021 100 BS Inventory - H.K'Guest Supplies 873.75
14024 100 BS Inventory - Mini Bar ( Food ) 5.85
14024 100 BS Inventory - Mini Bar ( Bev ) 137.31
14122 100 BS Staff Canteen Expenses (0.01)
14125 100 BS Operation - Food 3,222.24
14126 100 BS Operation - Beverage ( Bar ) 2587.31
15012 100 BS Prepaid 15179.30 18267.391793939
15115 100 BS AR Collection - Deposit -718.20 23017.83
16014 100 BS Staff Advance 8620.03 35424.600909091

16015 100 BS Refund 230.55 8333.6598888889

16015 100 BS Refund Room Revenue
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Remit to -INLE -942098.56 942098.55825434
17098 100 BS F Asset F&B 16789.75 1746.3286713364
17100 100 BS F Asset(Eng) 744.44
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 20501.21
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17102 100 BS Fixed Asset ( HK ) 22910.08 163.00
17105 100 BS Fixed Asset ( Venical ) 37648.15
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS Construction ( HOD House, Office, Store ) 76571.61
17105 100 BS Fix Asset - Building 3411.2
17105 100 BS Fix Asset - Data Processing 7685
17105a 100 BS F Asset ( CCTV ) 8953.63
18011 200 BS Account Payable - Lease Rental -18800.00
18011 200 BS Account Payable -Services Money -4053.64
18011 200 BS Account Payable -Commerical Tax -106590.42
18011 200 BS Account Payable - Columbus 167461.54 1747561
18011 200 BS Accrued Payable Hotel (Trade ) -15225.97
19014 200 BS Accrued Electricity -9816.10
19014 200 BS Account Payable - Office Rental (HO) -15095.98

21102 200 BS Tip for Staff -479.15

29999 200 BS Retain Earning -2522851.42 272,096.43

30101 1000 PL Revenue Room -3439.08

50101 1000 PL Salary & Wages ( HK ) 2577.01
50102 1000 PL Staff Related Expenses 430.63
60102 1000 PL Cleaning Supplies 65.22
60103 1000 PL PS for FO 2.96
60103 1000 PL Guest Supplies 106.03
60103 1000 PL Printing & Stationery ( HK) 3.85
60107 1000 PL PS for HK
60202 1000 PL Laundry 1.01
60204 1000 PL Uniform for Room Dept 19.23
60301 1000 PL Internet bill for Room 111.11
60301 1000 PL Postage,Telephone,e-mail 7.01
60303 1000 PL Transportation Expense ( HK ) 94.81
60410 1000 PL Complimentory Food & Beverage 4.72
60410 1000 PL Complimentory ( HK ) 9.70
61021 1000 PL Inventory Diesel,Petrol ( Garden )
61021 1000 PL Landscaping ( HK ) 544.37
62011 1000 PL Room Commission Fee ( for May'18 ) 169.83
69999 1000 PL OS for HK 47.75
69999 1000 PL OS for FO 51.07
31011 2000 PL Revenue Food -1610.48
32011 2000 PL Revenue Beverage -428.80
41011 2000 PL Food Cost 1499.56
42011 2000 PL Beverage Cost 1289.93
50101 2000 PL Salary & Wages ( F&B ) 2959.75
50102 2000 PL Staff Related Expenses 292.11
60102 2000 PL Cleaning Supply 3.93
60103 2000 PL Guest Supply 14.45
60107 2000 PL PS for Kitchen 1.14
60202 2000 PL Laundry 3.37
60204 2000 PL Uniform for F&B Department 11.55
60301 2000 PL Internet bill for F&B 55.56
60301 2000 PL Postage,Telephone,e-mail 7.01
60303 2000 PL Transportation ( F&B ) 83.00
60415 2000 PL Utential GAS Cost 24.00
69999 2000 PL Miscellaneous 21.63
69999 2000 PL OS for F&B 3.19
30101 3200 PL Revenue Spa -465.22
50101 3200 PL Salary & Wages ( Spa ) 602.96
50102 3200 PL Staff Related Expenses 61.52
69999 3200 PL Guest Supply 6.56
30102 3300 PL Revenue - Others -113.79
30102 3300 PL Other -Commerical & Services Money -934.58
30102 3300 PL Revenue Other 0.00
30104 3300 PL Revenue - Transportation -193.04
40101 3300 PL Cost Of Minibar ( Food ) 25.49
40101 3300 PL Cost Of Minibar ( Beverage ) 22.66
60303 3300 PL Transportation(MOD) 22.89
64012 3300 PL Transport Expenses 11.85
64015 3300 PL Payable - Service Money for June'18 623.05
64015 3300 PL Comersial Tax for June'18 311.53
64015 3300 PL Cost Of Souvenier 18.71
64015 3300 PL Service Money 1252.00
30101 3400 PL Revenue Laundry -93.91
40101 3400 PL Cost of Laundry 1.46
50101 3400 PL Salary & Wages ( Ldy ) 195.56
50102 3400 PL Staff Related Expenses 30.76
50101 4000 PL Salary & Wages ( Admin ) 5595.91
50102 4000 PL Staff Related Exp 269.09 55.333333333333
50102 5000 PL Staff Related Exp 52.148148148148
50102 6000 PL PS for Finance 18.611111111111
60107 2000 PL PS for F&B 4.00
60202 4000 PL Laundry 2.22
60202 4000 PL Data Processing - Admin 64.740740740741
60204 4000 PL Uniform for A&G Department 49.28
60301 4000 PL Internet bill for A&G 55.56
60301 4000 PL Postage,Telephone,e-mail 3.51 11.111111111111
60303 4000 PL Transportation Expense ( Admin ) 347.84 166.66666666667
60408 4000 PL Bank Charges ( Admin ) 85.68
60410 4000 PL Man Power Development(Admin) 222.22
60413 4000 PL Exchange A/C -795.47 -13.62962962963
60418 4000 PL Staff S S B (Admin) 384.40
60422 4000 PL Donation (Admin) 207.41
63011 4000 PL Rental -Office ( for June'18 ) 370.37
69999 4000 PL Guest Supply 1.85
69999 4000 PL OS for Finance 0.40
69999 4000 PL Miscellenous ( Admin ) 151.48
50101 6000 PL Salary & Wages ( Eng ) 1123.49
60107 5000 PL Printing & Stationary-S & M 5.9444444444444

60202 5000 PL Data Processing - S&M 14.814814814815

60301 5000 PL Internet bill for S&M 111.11
60301 5000 PL Phone & Fax-S & M 11.111111111111

60303 5000 PL Transportation Chgs - S&M 25.407407407407

50101 5000 PL Salary & Wages ( S&M ) 1162.96
60407 5000 PL Advertising ( S&M ) 1026.30
50102 6000 PL Staff Related Expenses 92.28
60108 6000 PL Engineering 127.78
60108 6000 PL Engineering Supplies 557.85
60204 6000 PL Uniform for M&E 10.75
60301 6000 PL Internet bill for M&E 55.56
60301 6000 PL Postage,Telephone,e-mail 3.51
61011 6000 PL Maintenance Building 1187.41
69999 6000 PL PS for M&E 0.22
69999 6000 PL Guest Supply 0.67
69999 6000 PL Cleaning Supply 2.22
69999 6000 PL OS for M&E 0.37
65012 7000 PL Utential Diesel 296.30
65013 7000 PL EPC Bill for May'18 2652.00
70102 8000 PL Lease Rental for June'18 400.00
80105 9000 PL Reallocation - SPA 15.52

-0.0081 0.004
 Total
175057.98
2899.84
-32686.87
21668.93 -8118.10
0.00
4313.32
-22558.14
21075.69 2830.88

0.00
-199.35
-2316.74 -2516.08
3577.72
11569.14
2092.73
365.36
1224.93
3982.85 23127.53
75.30
1.90
3392.99
242.97
-6.38
19.74
873.75
5.85
137.31
-0.01
3222.24
2587.31 33365.70
33446.69
22299.63
44044.63

0.00

0.00
8564.21

0.00
-67600.66
0.00
18536.08
744.44
12962.56
20501.21 273617.97
21830.56
23073.08
37648.15
1082.40
8800.00
76571.61
 3411.20
7685.00
8953.63
-18800.00
-4053.64
-106590.42 0.00
1915022.54
-15225.97
-9816.10
-15095.98
0.00
-479.15
-2250754.99
-22618.91

-3439.08
2577.01
430.63
65.22
2.96
106.03
3.85
0.00
1.01
19.23
111.11
7.01
94.81
4.72
9.70 2117.78
0.00
544.37
169.83
47.75
51.07 4294.48
-1610.48 7278.90
-428.80
1499.56
1289.93
2959.75
292.11
3.93
14.45
1.14
3.37
11.55
55.56
7.01
83.00
24.00
21.63
3.19
-465.22
602.96
 61.52
6.56
-113.79
-934.58
0.00
-193.04
25.49
22.66
22.89
11.85
623.05 6344.32
311.53
18.71
1252.00
-93.91
1.46
195.56
30.76
5595.91
324.42
52.15
18.61
4.00
2.22

64.74
49.28
55.56
14.62
514.51
85.68
222.22
-809.10
384.40
207.41
370.37
1.85
0.40
151.48
1123.49

5.94

14.81
111.11

11.11

25.41
1162.96
1026.30
92.28
127.78
557.85
10.75
55.56
3.51
1187.41
0.22
0.67
2.22
0.37
296.30
2652.00
400.00
15.52 22618.90 22603.38

0.00
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 June 2018
Amount (USD)
Revenue 7,279
Room Revenue 3,439.08
Mini Bar Revenue
Food & Beverage 2,039.28
Other Operation Department
Phone
SPA 465.22
Other 113.79
Transportation 193.04
Laundry 93.91
Other -Commerical & Services Money 934.58

Total Revenue 7,279

Cost of Sale
Room Expenses 4,246
Salary & Wages ( HK ) 2577.01
Staff Related Expenses 430.63
Cleaning Supplies ( HK ) 65.22
Guest Supplies 106.03
Printing & Stationery ( FO,HK ) 6.81
Printing & Stationery ( HK)
Laundry 1.01
Linen ( HK )
Uniform for Room Dept 19.23
Internet bill for Room 111.11
Postage,Telephone,e-mail 7.01
Transportation & Labour ( HK ) 94.81
Landscaping ( HK ) 544.37
Complimentory Food & Beverage 14.42
Room Commission Fee ( for May'18 ) 169.83
Commision Fee
Miscellaneous ( HK )
OS for HK,FO 98.82

Mini Bar Expenses 48

Mini Bar Cost 48.15

Food & Beverage Expenses 6,274

Food Cost 1,499.56
Beverage Cost 1,289.93
Salary & Wages ( F&B ) 2,959.75

Staff Related Expenses 292.11

Cleaning Supply 3.93
Guest Supply 14.45
PS for F&B 5.14
 Laundry 3.37
Uniform for F&B Department 11.55 -
Postage,Telephone,e-mail 62.57
Transportation & Labour ( F&B ) 83.00
Utential GAS Cost 24.00
Miscellaneous 21.63
OS for F&B 3.19

Other Operation Department 968

Salary & Wages ( Spa ) 602.96
Staff Related Expenses 61.52
Guest Supply 6.56
Transport Expenses ( MOD ) 34.74
Other Expense ( MOD )
Cost of Laundry 1.46
Salary & Wages ( Ldy ) 195.56
Staff Related Expenses 30.76
Reallocation - SPA 15.52
Cost Of Souvenier 18.71
Tax & Services Money 935
Other -Commerical Tax 311.53
Other -Services Money 623.05

Total Cost of Sale 12,471

Gross Operating Profit (5,192)

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 2,410
Salary & Wages ( S&M ) 1162.96
Data Processing - S&M 14.81
Internet bill for (S&M) 111.11
Transportation - S&M 25.41
Advertising 1026.30
Staff Related Exp - S&M 52.15
Printing & Stationary-S & M 5.94
Phone & Fax-S & M 11.11

Maintance Expenses 3,162

Salary & Wages ( Eng ) 1123.49
Staff Related Expenses 92.28
Engineering Supplies 685.63
Uniform for M&E 10.75
Postage,Telephone,e-mail 59.06
Motor Vehical Expense
Maintenance Building 1187.41
PS for M&E 0.22
Guest Supply 0.67
Cleaning Supply 2.22
OS for M&E 0.37

Admin & General Expenses 10,602.88

 Salary & Wages ( Admin ) 5,595.91
Staff Related Exp 324.42
Printing & Stationery ( Admin ) 18.61
Laundry 2.22
Data Processing - Admin 64.74
Uniform for A&G Department 49.28
Postage,Telephone,e-mail 70.17
Transportation - Admin 514.51
Bank Charges ( Admin ) 85.68
Exchange A/C (809.10)
Man Power Development(Admin) 222.22

Staff S S B (Admin) 384.40

Present & Donation ( Admin ) 207.41
Rental -Office ( for June'18 ) 370.37
Medical Expenses ( Admin )
Miscellenous 151.48
Utential Diesel 296.30
EPC Bill for May'18 2,652.00
Lease Rental for June'18 400.00
Guest Supply 1.85
OS for Security 0.40

Total -Sale & Marketing , M&E and Admin & General Expenses 16,175

Net Operating Profit (21,366.90)

21,366.90
(0.00)
 Villa Inle Resort & Spa
Balance Sheet as at June 30 , 2018

1.0 ASSETS
F Asset ( Brick Fance )
Fix Asset - Furniture & Fitting
F Asset ( HK )
F Asset ( F&B )
Fix Asset ( Vehical )
Fix Asset ( Other )
Fix Asset ( Building )
Fix Asset ( Data Processing )
F Asset Land & Building
Construction in Progress

FIXED ASSETS AND INTANGIBLES

2.0 CURRENT ASSETS

2.1 Accounts Receivable
2.2 Prepayments
2.3 Advances (Staff)
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost
2.7 Cash in Hand
2.8 Cash at Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS
3.0 LONG TERM LIABILITIES
4.0 CURRENT LIABILITIES
4.1 Suspense Account
4.2 Accounts Payable - Trade
Accounts Payable - Construction
Accounts Payable - Trade columbus
Accounts Payable - Current Ho
Accounts Payable - Services Money
Accounts Payable - Commerical Tax
Accounts Payable - Land Lease
Accounts Payable -HO (Office)
4.3 Accrued Expenses
4.4 Provisions
4.5 Deposit Received
4.6 Other Payable
TOTAL CURRENT LIABILITIES
NET ASSETS
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning
Retained Earnings /(Loss)

SHAREHOLDERS' INTEREST
Resort & Spa
s at June 30 , 2018

USD

12,963 12,963 -
21,831 21,831 -
23,073 22,910 163
18,536 18,536 -
37,648 37,648 -
19,580 19,580 -
79,983 79,983 (0) 107,976,791.59
7,685 7,685 -
20,501 17,455 3,047
2,831 2,831 -
-
244,630.79 241,421 325,918,520.61

(8,118.10) 2,969
33,446.69 33,910
44,044.63 44,485

33,365.70 37,262
175057.98 280,225

277,797 398,850
522,427.70 640,271.60
- -

(67,600.66) (67,601)
(15,226) (17,607)

1,915,023 1,852,936
(2,516) (4,957)
(4,054) (10,941)
(106,590) (105,219)
(18,800) (17,600)
(15,096) (13,985)
(9,816) (8,117)

22299.63 16070.34
8,085 8,442
1,705,708 1,631,421
2,228,136 2,271,692

2,250,755 2,216,382
(22,619) 55,310 (30,535,523.15)

2,228,136 2,271,692

(0.00) (0.00)
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 July'18
Opening YGN
50102 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M
 1,350.00 65,058.76
YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)

33,650.00 24.925925926

32,550.00 24.111111111
JV -Current (USD) Coso Trail
24.93 - 24.93

24.11 - 24.11
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 St July

Opening
14122 100 BS Operatin Canteen Food
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Spa )
50101 3400 PL Salary & Wages ( Ldy )
50101 4000 PL Salary & Wages ( Admin )
50101 6000 PL Salary & Wages ( Eng )
50101 6000 PL Salary & Wages ( S&M )
 217832.29 108472.714161353
Opening USD JV Coso
0.01 907.14814815 0 343.92 1251.05 1,251.07
2051.7533333 0 2,051.75
2772.2222222 0 2,772.22
593.08592593 0 593.09
195.55555556 0 195.56
5482.2222222 0 5,482.22
1119.7037037 0 1,119.70
866.67 - 866.67
Coso
1,251.06 0.00
- 2,051.75 1,300.07
- 2,772.22
- 593.09
- 195.56
- 5,482.22
- 1,119.70
- 866.67
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31st July' 2018

Inle YGN
11012 100 BS Cash in Hand 109750.03 65578.541512018
13023 100 BS A/R Guest Ledger -Inle 9538.82
13023 100 BS AR Collection -27961.51740741
13024 100 BS City Ledger ( Agoda ) 21668.93
13024 100 BS City Ledger ( HO ) 3527848.15 -3527848.15
13027 100 BS Construction ( Laundry ) -22558.1354509
13027 100 BS Construction- pool 3650.60 662.72727272727
13027 100 BS Construction: Second Phase 21075.69
13032 100 BS Yangon Purchase -465654.24 464914.59941533
13032 100 BS Current HO Payable - Outstanding -1788.848004597
14011 100 BS Inventory-Food(Store) 3209.25
14012 100 BS Inventory-Beverage(Store) 11309.10
14013 100 BS Inventory - Cleaning Supplies 2357.83
14014 100 BS Inventory-Guest Supplies ( Store ) 915.44
14014 100 BS Inventory-Printing Supplies ( Store ) 3916.87
14015 100 BS Inventory - Massage Oil 56.65
14016 100 BS Inventory - Souvier -16.81
14017 100 BS Inventory-Other Supply ( Store ) 3727.21
14019 100 BS Inventory Diesel,Petrol ( Generator ) -249.27
14019 100 BS Inventory-Diesel & Petrol ( Store ) 779.263758094
14020 100 BS Inventory-Gas -76.26
14021 100 BS Inventory - H.K'Guest Supplies 998.98
14024 100 BS Inventory - Mini Bar ( Bev ) 130.50
14024 100 BS Inventory - Mini Bar ( Food ) 30.30
14122 100 BS Operatin Canteen Food 0
14125 100 BS Operation - Food 2578.05
14126 100 BS Operation - Beverage ( Bar ) 2532.54518519
15012 100 BS Prepaid 15067.4563135 18267.391793939
15115 100 BS AR Collection - Deposit (718.20) 18148.83
16014 100 BS Staff Advance 8,620.03 34624.600909091
16015 100 BS Refund 230.55 9386.2888888889
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Remit to -INLE -966631.89 966631.89158767
17098 100 BS F Asset F&B 16789.75 1746.3286713364
17100 100 BS F Asset(Eng) 744.44
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 20501.21
17102 100 BS Fixed Asset ( HK ) 22910.08
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17102 100 BS Fixed Asset ( HK ) Baby coad 163
17105 100 BS Construction ( HOD House, Office, Store ) 76571.61
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset ( Venical ) 37648.15
17105 100 BS F Asset ( CCTV ) 8953.63
17105 100 BS Fix Asset - Building 3411.2
17105 100 BS Fix Asset - Data Processing 7685
18011 200 BS Account Payable - Columbus 167461.54 1747561
18011 200 BS Account Payable - Lease Rental -19200.00
18011 200 BS Account Payable -Commerical Tax -107740.66
18011 200 BS Account Payable -Services Money -5730.64
18011 200 BS Accrued Payable Hotel Trade -16365.04

19014 200 BS Account Payable - Office Rental (HO) -15466.35

19014 200 BS Accrued Electricity -10378.33
21102 200 BS Tip for Staff -479.15
29999 200 BS Retain Earning -2505896.10 273325.357962

30101 1000 PL Revenue Room -13118.36

50101 1000 PL Salary & Wages ( HK ) 2051.75
50102 1000 PL Staff Related Expenses 395.1
60102 1000 PL Cleaning Supplies 127.91
60103 1000 PL Guest Supplies 219.70
60103 1000 PL Operating - Beverage ( FO ) 2.97
60107 1000 PL PS for HK 38.67
60202 1000 PL Laundry 1.88
60204 1000 PL Uniform for Room Dept 19.23
60301 1000 PL Internet bill for Room 111.11
60301 1000 PL Postage,Telephone,e-mail (HK) 14.42
60303 1000 PL Transportation & Labour HK 54.07 30.1280
60410 1000 PL Complimentory ( HK ) 45.70
60410 1000 PL Complimentory Food & Beverage 187.98
61021 1000 PL Landscaping ( HK ) 475.92
62011 1000 PL Room Commission Fee ( for June'18 ) 577.93
69999 1000 PL Miscellenous ( HK ) 68.96
69999 1000 PL OS for FO 53.22
69999 1000 PL OS for HK 25.54
31011 2000 PL Revenue Food -6035.26
32011 2000 PL Revenue Beverage -1712.56
41011 2000 PL Food Cost 1548.11
42011 2000 PL Beverage Cost 505.32
50101 2000 PL Salary & Wages ( F&B ) 2772.22
50102 2000 PL Staff Related Expenses 285.35
60102 2000 PL Cleaning Supply 14.74
60103 2000 PL Guest Supply 13.70
60107 2000 PL PS for Kitchen 14.55
60202 2000 PL Laundry 7.52
60204 2000 PL Uniform for F&B Department 11.55
60301 2000 PL Internet bill for F&B 55.56
60301 2000 PL Postage,Telephone,e-mail 7.01259259259
60303 2000 PL Transportation & Labour F&B 45.19 30.1280
60415 2000 PL Utential GAS Cost 96.00
69999 2000 PL Miscellaneous 109.58
69999 2000 PL OS for F&B 50.11
30101 3200 PL Revenue Spa -1446.09
50101 3200 PL Salary & Wages ( Spa ) 593.09
50102 3200 PL Staff Related Expenses 87.8
30102 3300 PL Other -Commerical & Services Money -3450.73
30102 3300 PL Revenue Other -820.55
30102 3300 PL Revenue Other(Souvenir) 0.00
30104 3300 PL Revenue Transportation -436.52
40101 3300 PL Cost Of Minibar ( Beverage ) 87.99
40101 3300 PL Cost Of Minibar ( Food ) 4.44
60303 3300 PL Transportation(MOD) 272.67
60408 3300 PL Other Expense Bank;Charges( MOD ) 381.50

64015 3300 PL Comersial Tax for July'18 1150.24

64015 3300 PL Cost Of Souvenier 18.71
64015 3300 PL Payable - Service Money for July'18 2300.00
30101 3400 PL Revenue Laundry -256.09
40101 3400 PL Cost of Laundry 3.99
50101 3400 PL Salary & Wages ( Ldy ) 195.56
50102 3400 PL Staff Related Expenses 43.8
69999 3400 PL Cleaning Supply 1.48
69999 3400 PL Guest Supply 4.72
69999 3400 PL OS for Spa 9.26
50101 4000 PL Salary & Wages ( Admin ) 5482.22
50102 4000 PL Staff Related Exp 430.29 24.925925925926

60107 4000 PL Printing & Stationery ( Admin) 33.28

60202 4000 PL Laundry 3.10
60202 4000 PL Data Processing - Admin 15.555555555556
60202 5000 PL Data Processing - S&M 15.555555555556
60204 4000 PL Uniform for A&G Department 49.28
60301 4000 PL Internet bill for A&G 59.0655555556
60301 4000 PL Phone & Fax-Admin 9.2592592592593
60303 4000 PL Transportation - Admin 328.69 15.064
60408 4000 PL Bank Charges 13
60413 4000 PL Exchange Money -2000
60418 4000 PL Staf SSB(Admin) 214.67
60418 4000 PL Staff Activity 25.00
60422 4000 PL Donation (Admin) 526.67
63011 4000 PL Rental -Office ( for July'18 ) 370.37
69999 4000 PL Guest Supply 4.22
69999 4000 PL Miscellenous ( Admin ) 47.56 0.4259259259259
69999 4000 PL OS for Finance 8.19
50102 5000 PL Staff Related Exp - S&M 24.111111111111
60301 5000 PL Phone & Fax-S & M 9.2592592592593
60303 5000 PL Transportation Chgs - S&M 21.018592592593
60407 5000 PL Advertising ( S&M ) 600.00
60301 5000 PL Internet bill for S&M 111.11
50101 5000 PL Salary & Wages ( S&M ) 866.67
50101 6000 PL Salary & Wages ( Eng ) 1119.70
50102 6000 PL Staff Related Expenses 131.7
60108 6000 PL Engineering Supplies 1331.70
60202 6000 PL Laundry 0.53
60204 6000 PL Uniform for M&E 10.75
60301 6000 PL Internet bill for M&E 55.56
60301 6000 PL Postage,Telephone,e-mail 3.51
60306 6000 PL Motor Vehicle Expenses ( Eng ) 101.85
61011 6000 PL Maintenance Building 3444.90740741
69999 6000 PL Cleaning Supply 2.37
69999 6000 PL Guest Supply 1.68
69999 6000 PL Miscellenous ( M&E ) 101.85 15.05
69999 6000 PL OS for M&E 3.30
69999 6000 PL PS for M&E 4.52
65012 7000 PL Utential Diesel 242.89
65013 7000 PL EPC bill 1757.86185185
70102 8000 PL Lease Rental for July'18 400.00
80105 9000 PL Reallocation - SPA 18.65
-0.49 0.00
 Total
175328.57
9538.82
-27961.52
21668.93 3246.23
0.00
-22558.14
4313.32
21075.69 2830.88
-739.64 -540.29
-1788.85 -2528.49
3209.25
11309.10
2357.83
915.44
3916.87
56.65
-16.81
3727.21
-249.27
779.26
-76.26
998.98
130.50
30.30
0.00
2578.05
2532.55 32199.64
33334.85
17430.63
43244.63
9616.84
-67600.66
0.00
18536.08
744.44
12962.56
20501.21
22910.08
21830.56
163.00
76571.61
8800.00
1082.40
37648.15
8953.63
3411.20
7685.00
1915022.54
-19200.00
-107740.66
 -5730.64
-16365.04
0.00
-15466.35
-10378.33
-479.15
-2232570.74
-4005.33257
-13118.36
2051.75
395.10
127.91
219.70
2.97
38.67
1.88
19.23
111.11
14.42
84.20
45.70
187.98
475.92
577.93
68.96
53.22
25.54
-6035.26
-1712.56
1548.11
505.32
2772.22
285.35
14.74
13.70
14.55
7.52
11.55
55.56
7.01
75.31
96.00
109.58
50.11
-1446.09
593.09
87.80
-3450.73
-820.55 820.07 820.55
0.00
-436.52 436.52
87.99
4.44
272.67
 381.50
0.00
1150.24
18.71
2300.00
-256.09
3.99
195.56
43.80
1.48
4.72
9.26
5482.22
455.22
0.00
33.28
3.10
15.56
15.56
49.28
59.07
9.26
343.75 15.064
13.00 15.064
-2000.00 30.128
214.67 30.128
25.00 90.384
526.67
370.37
4.22
47.98
8.19
24.11
9.26
21.02
600.00
111.11
866.67
1119.70
131.70
1331.70
0.53
10.75
55.56
3.51
101.85
3444.91
2.37
1.68
116.90
3.30
4.52
242.89
1757.86
400.00
18.65
-0.4815
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 July 2018
Amount (USD)
Revenue 27,276
Room Revenue 13,118.36
Mini Bar Revenue
Food & Beverage 7,747.82
Other Operation Department
Phone
SPA 1,446.09
Other 820.55
Transportation 436.52
Laundry 256.09
Other -Commerical & Services Money 3450.73

Total Revenue 27,276

Cost of Sale
Room Expenses 4,613
Salary & Wages ( HK ) 2051.75
Staff Related Expenses 395.10
Cleaning Supplies ( HK ) 127.91
Guest Supplies 219.70
Printing & Stationery ( FO,HK ) 38.67
Operating - Beverage ( FO ) 2.97
Laundry 1.88
Linen ( HK )
Uniform for Room Dept 19.23
Internet bill for Room 111.11
Postage,Telephone,e-mail 125.53
Transportation & Labour ( HK ) 84.20
Landscaping ( HK ) 475.92
Complimentory Food & Beverage 233.68
Room Commission Fee ( for June'18 ) 577.93
Commision Fee
Miscellaneous ( HK ) 68.96
OS for HK,FO 78.76

Mini Bar Expenses 92

Mini Bar Cost 92.43

Food & Beverage Expenses 5,567

Food Cost 1,548.11
Beverage Cost 505.32
Salary & Wages ( F&B ) 2,772.22
Staff Related Expenses 285.35
Cleaning Supply 14.74
Guest Supply 13.70
PS for F&B 14.55
 Laundry 7.52
Uniform for F&B Department 11.55 -
Postage,Telephone,e-mail 62.57
Transportation & Labour ( F&B ) 75.31
Utential GAS Cost 96.00
Miscellaneous 109.58
OS for F&B 50.11

Other Operation Department 1,622

Salary & Wages ( Spa ) 593.09
Staff Related Expenses 87.80
Guest Supply 4.72
Cleaning Supply 1.48
Transport Expenses ( MOD ) 272.67
Other Expense ( MOD ) 381.50
Cost of Laundry 3.99
Salary & Wages ( Ldy ) 195.56
Staff Related Expenses 43.80
Reallocation - SPA 18.65
Cost Of Souvenier 18.71
Tax & Services Money 3,450
Other -Commerical Tax 1,150.24
Other -Services Money 2,300.00

Total Cost of Sale 15,345

Gross Operating Profit 11,932

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 1,648
Salary & Wages ( S&M ) 866.67
Data Processing - S&M 15.56
Internet bill for (S&M) 111.11
Transportation - S&M 21.02
Advertising 600.00
Staff Related Exp - S&M 24.11
Miscellanous -S&M
Phone & Fax-S & M 9.26

Maintance Expenses 6,227

Salary & Wages ( Eng ) 1119.70
Staff Related Expenses 131.70
Engineering Supplies 1331.70
Uniform for M&E 10.75
Postage,Telephone,e-mail 59.06
Motor Vehical Expense 101.85
Maintenance Building 3444.91
PS for M&E 4.52
Guest Supply 1.68
Cleaning Supply 2.37
OS for M&E 3.30
Laundry 0.53
Miscellenous 15.05
 Admin & General Expenses 8,061.57
Salary & Wages ( Admin ) 5,482.22
Staff Related Exp 455.22
Printing & Stationery ( Admin ) 33.28
Laundry 3.10
Data Processing - Admin 15.56
Uniform for A&G Department 49.28
Postage,Telephone,e-mail 68.32
Transportation - Admin 343.75
Bank Charges ( Admin ) 13.00
Exchange A/C (2,000.00)
Staff Activity 25.00

Staff S S B (Admin) 214.67

Present & Donation ( Admin ) 526.67
Rental -Office ( for July'18 ) 370.37
Medical Expenses ( Admin )
Miscellenous 47.98
Utential Diesel 242.89
EPC Bill for June'18 1,757.86
Lease Rental for July'18 400.00
Guest Supply 4.22
OS for Finance 8.19

Total -Sale & Marketing , M&E and Admin & General Expenses 15,936

Net Operating Profit (4,004.85)

4,004.85
(0.00)
 Villa Inle Resort & Spa
Balance Sheet as at July 31 , 2018

USD

1.0 ASSETS
F Asset ( Brick Fance ) 12,963 12,963
Fix Asset - Furniture & Fitting 21,831 21,831
F Asset ( HK ) 23,073 22,910
F Asset ( F&B ) 18,536 18,536
Fix Asset ( Vehical ) 37,648 37,648
Fix Asset ( Other ) 19,580 19,580
Fix Asset ( Building ) 79,983 79,983
Fix Asset ( Data Processing ) 7,685 7,685
F Asset Land & Building 20,501 17,455
Construction in Progress 2,831 2,831

FIXED ASSETS AND INTANGIBLES 244,630.79 241,421

2.0 CURRENT ASSETS

2.1 Accounts Receivable 3,246.23 2,969
2.2 Prepayments 33,334.85 33,910
2.3 Advances (Staff) 43,244.63 44,485
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 32,199.64 37,262
2.7 Cash in Hand 175,329 280,225
2.8 Cash at Bank

TOTAL CURRENT ASSETS 287,354 398,850

TOTAL ASSETS 531,984.71 640,271.60
3.0 LONG TERM LIABILITIES - -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,600.66) (67,601)
4.2 Accounts Payable - Trade (16,365) (17,607)
Accounts Payable - Construction
Accounts Payable - Trade columbus 1,915,023 1,852,936
Accounts Payable - Current Ho (2,528) (4,957)
Accounts Payable - Services Money (5,731) (10,941)
Accounts Payable - Commerical Tax (107,741) (105,219)
Accounts Payable - Land Lease (19,200) (17,600)
Accounts Payable -HO (Office) (15,466) (13,985)
4.3 Accrued Expenses (10,378) (8,117)
4.4 Provisions
4.5 Deposit Received 17430.63 16070.34
4.6 Other Payable 9,138 8,442

TOTAL CURRENT LIABILITIES 1,696,581 1,631,421

NET ASSETS 2,228,565 2,271,692
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
 5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 2,232,571 2,216,382
Retained Earnings /(Loss) (4,005) 55,310

SHAREHOLDERS' INTEREST 2,228,565 2,271,692

(0.00) (0.00)
 -
-
163
-
-
-
(0) 107,976,791.59
-
3,047
-
-
325,918,520.61
(5,407,198.97)
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 St August

Opening
14122 100 BS Operatin Canteen Food 0
50101 1000 PL Salary & Wages ( HK )
50101 2000 PL Salary & Wages ( F&B )
50101 3200 PL Salary & Wages ( Ldy )
50101 3400 PL Salary & Wages ( Spa )
50101 4000 PL Salary & Wages ( Admin )
50101 5000 PL Salary & Wages ( S&M )
50101 6000 PL Salary & Wages ( Eng )
 217832.29 104,100.12
Opening USD JV Coso
758.19 559.58 1,317.96 1,317.77
1,853.86 - 1,853.86
2,683.17 - 2,683.17
195.56 - 195.56
496.30 - 496.30
5,852.38 - 5,852.38
644.44 - 644.44
1,106.28 - 1,106.28
Coso
1,317.96 (0.19) 1,382.58
- 1,853.86
- 2,683.17
- 195.56
- 496.30
- 5,852.38
- 644.44
- 1,106.28
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 August'18
Opening YGN
50102 5000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M
 #REF! #REF!
YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
35,200 26
52,300 39
JV -Current (USD) Coso Trail
26.07 - 26.07
38.74 - 38.74
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 31st August' 2018

Inle YGN
11012 100 BS Cash in Hand 114122.62 65952.80
13023 100 BS A/R Guest Ledger -Inle 20879.91
13023 100 BS AR Collection -27153.92
13024 100 BS City Ledger ( Agoda ) 22064.93
13024 100 BS City Ledger ( HO ) 3542280.21 -3542280.21
13027 100 BS Construction ( Laundry ) -22558.1354509
13027 100 BS Construction- pool 3650.60 662.73
13027 100 BS Construction: Second Phase 21075.69
13027 100 BS Construction ( Brick ) Swimming Pool (Fix asset )
13032 100 BS Yangon Purchase -467686.99 465914.60
13032 100 BS Current HO Payable - Outstanding -1248.59
14011 100 BS Inventory-Food(Store) 3105.07
14012 100 BS Inventory-Beverage(Store) 10753.90
14013 100 BS Inventory - Cleaning Supplies 2297.88
14014 100 BS Inventory-Guest Supplies ( Store ) 784.54
14014 100 BS Inventory-Printing Supplies ( Store ) 3941.39
14015 100 BS Inventory - Massage Oil 20.27
14016 100 BS Inventory - Souvier -35.19
14017 100 BS Inventory-Other Supply ( Store ) 3835.82
14019 100 BS Inventory Diesel,Petrol ( Generator ) -159.08
14019 100 BS Inventory-Diesel & Petrol ( Store ) 822.23
14020 100 BS Inventory-Gas -249.00
14020 100 BS Inventory - Diesel for New Project -133.43
14021 100 BS Inventory - H.K'Guest Supplies 928.31
14024 100 BS Inventory - Mini Bar ( Bev ) 178.18
14024 100 BS Inventory - Mini Bar ( Food ) 6.86
14122 100 BS Operatin Canteen Food -0.19
14125 100 BS Operation - Food 3000.06
14126 100 BS Operation - Beverage ( Bar ) 2658.97
15012 100 BS Prepaid 15118.95 23293.13
15115 100 BS AR Collection - Deposit -718.20 19263.83
16014 100 BS Staff Advance 8620.03 34624.60
16015 100 BS Refund -7436.12 9386.29
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Remit to -INLE -968815.89 968815.89
17098 100 BS F Asset F&B 16789.75 1746.33
17100 100 BS F Asset(Eng) 744.44
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 20501.21
17102 100 BS Fixed Asset ( HK ) 22910.08 163.00
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17105 100 BS Construction ( HOD House, Office, Store ) 76571.61 3411.20
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset ( Venical ) 37648.15
17105 100 BS F Asset ( CCTV ) 8953.63
17105 100 BS Fix Asset - Building
17105 100 BS Fix Asset - Data Processing 7685.00
18011 200 BS Account Payable - Columbus 167461.54 1749184.00
18011 200 BS Account Payable - Lease Rental -19600.00
18011 200 BS Account Payable -Commerical Tax -109212.66
18011 200 BS Account Payable -Services Money -6374.64
18011 200 BS Accrued Payable Hotel Trade -18638.81
18011 200 BS Remit - U Min Din ( YGN )
19014 200 BS Account Payable - Office Rental (HO) -15836.72
19014 200 BS Accrued Electricity -11753.22
21102 200 BS Tip for Staff -479.15
29999 200 BS Retain Earning -2514726.87 271548.84

30101 1000 PL Revenue Room -16754.90

50101 1000 PL Salary & Wages ( HK ) 1853.86
50102 1000 PL Staff Related Expenses 383.52
60102 1000 PL Cleaning Supplies 80.58
60103 1000 PL PS for FO 26.67
60103 1000 PL Operating - Beverage ( FO ) 5.94
60103 1000 PL Guest Supplies 255.28
60202 1000 PL Laundry 89.81
60202 1000 PL Data Procesion HK 400.00
60204 1000 PL Uniform for Room Dept 19.23
60301 1000 PL Internet bill for Room 111.11
60301 1000 PL Postage,Telephone,e-mail 7.01
60303 1000 PL Transportation & Labour HK 74.44 38.27

60408 1000 PL Other Expense Bank;Charges 145.36

60410 1000 PL Complimentory ( HK ) 173.68
61021 1000 PL Landscaping ( HK ) 710.93
62011 1000 PL Room Commission Fee ( for July'18 ) 1829.55
69999 1000 PL Miscellenous ( HK ) 50.36
31011 2000 PL Revenue Food -6848.13
32011 2000 PL Revenue Beverage -1903.41
41011 2000 PL Food Cost 1,871.83
42011 2000 PL Beverage Cost 419.57
50101 2000 PL Salary & Wages ( F&B ) 2683.17
50102 2000 PL Staff Related Expenses 287.52
60102 2000 PL Cleaning Supply 25.93
60103 2000 PL Guest Supply 27.04
60202 2000 PL Laundry 2.14
60202 2000 PL Data Procession F&B 400.00
60204 2000 PL Uniform for F&B Department 11.55
60301 2000 PL Internet bill for F&B 55.56
60301 2000 PL Postage,Telephone,e-mail 7.01
60303 2000 PL Transportation & Labour F&B 86.67 38.27

60408 2000 PL Other Expense Bank;Charges 145.36

60415 2000 PL Gas 274.22
69999 2000 PL Miscellaneous 115.33
69999 2000 PL OS for F&B 1.67
60107 2000 PL PS for F&B 1.33
30101 3200 PL Revenue Spa -1911.30
50101 3200 PL Salary & Wages ( Ldy ) 195.56
50102 3200 PL Staff Related Expenses 47.92
60408 3200 PL Other Expense Bank;Charges 72.68
30102 3300 PL Other -Commerical & Services Money -4416.19
30102 3300 PL Revenue Other -354.26
30102 3300 PL Revenue Other(Souvenir) 0.00
30104 3300 PL Revenue Transportation -1769.22
40101 3300 PL Cost Of Minibar ( Food ) 23.44
40101 3300 PL Cost Of Minibar ( Beverage ) 83.36
60303 3300 PL Transportation(MOD) 467.10
64015 3300 PL Payable - Service Money for August'18 2944.00
64015 3300 PL Comersial Tax for July'18 1472.00
64015 3300 PL Cost Of Souvenier 18.38
30101 3400 PL Revenue Laundry -254.35
40101 3400 PL Cost of Laundry 5.00
50101 3400 PL Salary & Wages ( Spa ) 496.30
50102 3400 PL Staff Related Expenses 95.84
60408 3400 PL Other Expense Bank;Charges 72.68
69999 3400 PL Guest Supply 3.30
69999 3400 PL Cleaning Supply 2.96
69999 3400 PL Miscellanous (MOD) 18.15
14122 4000 PL PS for Security 6.45
50101 4000 PL Salary & Wages ( Admin ) 5852.38
50102 4000 PL Staff Related Expenses 449.63 26.07
60107 4000 PL PS for Finance 30.25

60202 4000 PL Laundry 4.85

60202 4000 PL Data Procession - Admin 207.41
60204 4000 PL Uniform for A&G Department 49.28
60301 4000 PL Internet bill for A&G 55.56
60301 4000 PL Postage,Telephone,e-mail 3.51
60303 4000 PL Transportation - Admin 19.14
60408 4000 PL Other Expense Bank;Charges 79.01 3.70
60410 4000 PL Enertainment 19.26
60413 4000 PL Exchange Money gain/ Loss -0.78 -0.54
60418 4000 PL SSB 244.59
60422 4000 PL Present & Donation ( Admin ) 170.59
63011 4000 PL Rental -Office ( for Aug'18 ) 370.37
69999 4000 PL Miscellenous ( Admin ) 17.70
50101 5000 PL Salary & Wages ( S&M ) 644.44
50102 5000 PL Staff Related Exp - S&M 38.74
60202 5000 PL Data Processing - S&M 7.41
60301 5000 PL Internet bill for S&M 111.11
60303 5000 PL Transportation Chgs - S&M 40.15
60407 5000 PL Advertising ( S&M ) 4348.22 324.44
50101 6000 PL Salary & Wages ( Eng ) 1106.28
50102 6000 PL Staff Related Expenses 143.76
60108 6000 PL Engineering Supplies 708.19
60202 6000 PL Laundry 1.12
60202 6000 PL Data Procession Eng 200.00
60204 6000 PL Uniform for M&E 10.75
60301 6000 PL Internet bill for M&E 55.56
60301 6000 PL Postage,Telephone,e-mail 3.51
60303 6000 PL Transportation Labour & M&E 14.81 19.14
60306 6000 PL Motor Vehicle Expenses ( Eng ) 202.59
60408 6000 PL Other Expense Bank;Charges 72.68
61011 6000 PL Maintenance Building 1869.01
69999 6000 PL PS for M&E 0.07
69999 6000 PL Guest Supply 0.56
69999 6000 PL OS for M&E 1.85
65012 7000 PL Utential Diesel 206.21
65013 7000 PL EPC Bill for Aug'18 1937.11
70102 8000 PL Lease Rental for July'18 400.00
80105 9000 PL Reallocation - SPA 50.08
-0.19 0.00
 Total
180075.42
20879.91
-27153.92
22064.93 15790.92
0.00
-22558.14
4313.32
21075.69 2830.88
0.00
-1772.39
-1248.59 -3020.98
3105.07
10753.90
2297.88
784.54
3941.39
20.27
-35.19
3835.82
-159.08
822.23
-249.00
-133.43
928.31
178.18
6.86
-0.19
3000.06
2658.97 31756.58
38412.08
18545.63
43244.63
1950.17
-67600.66
0.00
18536.08
744.44
12962.56
20501.21
23073.08
21830.56
79982.81
8800.00
1082.40
37648.15
8953.63
0.00
7685.00
1916645.54
-19600.00
 -109212.66
-6374.64
-18638.81
0.00
-15836.72
-11753.22
-479.15
-2243178.04
-4643.10
-16754.90
1853.86
383.52
80.58
26.67
5.94
255.28
89.81
400.00
19.23
111.11
7.01
112.72
0.00
145.36
173.68
710.93
1829.55
50.36
-6848.13
-1903.41
1871.83
419.57
2683.17
287.52
25.93 6255.62
27.04 106.8
2.14
400.00
11.55
55.56
7.01
124.94
0.00
145.36
274.22
115.33
1.67
1.33
-1911.30
195.56
47.92
72.68
-4416.19
-354.26
 0.00
-1769.22
23.44
83.36
467.10
2944.00
1472.00
18.38
-254.35
5.00
496.30
95.84
72.68
3.30
2.96
18.15
6.45
5852.38
475.70
30.25
0.00
4.85
207.41
49.28
55.56
3.51
19.14
82.71
19.26
-1.32
244.59
170.59
370.37
17.70
644.44
38.74
7.41
111.11
40.15
4672.67
1106.28
143.76
708.19
1.12
200.00
10.75
55.56
3.51
33.95
202.59
72.68
1869.01
0.07
0.56
 1.85
206.21
1937.11
400.00
50.08
-0.19
0 HK 38.2712000
F&B 38.2712000
Fin 19.1356000
Eng 19.1356000
114.8136000
114.8136000
200
HK 400
F&B 400
Fin 200
Eng 200
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 August 2018
Amount (USD)
Revenue 34,212
Room Revenue 16,754.90
Mini Bar Revenue
Food & Beverage 8,751.54
Other Operation Department
Phone
SPA 1,911.30
Other 354.26
Transportation 1,769.22
Laundry 254.35
Other -Commerical & Services Money 4416.19

Total Revenue 34,212

Cost of Sale
Room Expenses 6,256
Salary & Wages ( HK ) 1853.86
Staff Related Expenses 383.52
Cleaning Supplies ( HK ) 80.58
Guest Supplies 255.28
Printing & Stationery ( FO,HK ) 26.67
Operating - Beverage ( FO ) 5.94
Laundry 89.81
Linen ( HK )
Uniform for Room Dept 19.23
Internet bill for Room 111.11
Postage,Telephone,e-mail 7.01
Transportation & Labour ( HK ) 112.72
Landscaping ( HK ) 710.93
Complimentory Food & Beverage 173.68
Room Commission Fee ( for July'18 ) 1829.55
Commision Fee
Miscellaneous ( HK ) 195.73
Data Processing HK 400.00

Mini Bar Expenses 107

Mini Bar Cost 106.80

Food & Beverage Expenses 6,454

Food Cost 1,871.83
Beverage Cost 419.57
Salary & Wages ( F&B ) 2,683.17
Staff Related Expenses 287.52
 Cleaning Supply 25.93
Guest Supply 27.04
PS for F&B 1.33
Laundry 2.14
Uniform for F&B Department 11.55 -
Postage,Telephone,e-mail 62.57
Transportation & Labour ( F&B ) 124.94
Utential GAS Cost 274.22
Miscellaneous 660.69
OS for F&B 1.67

Other Operation Department 1,546

Salary & Wages ( Spa ) 496.30
Staff Related Expenses 95.84
Guest Supply 3.30
Cleaning Supply 2.96
Miscellaneous 90.83
Transport Expenses ( MOD ) 467.10
Other Expense ( MOD ) 72.68
Cost of Laundry 5.00
Salary & Wages ( Ldy ) 195.56
Staff Related Expenses 47.92
Reallocation - SPA 50.08
Cost Of Souvenier 18.38
Tax & Services Money 4,416
Other -Commerical Tax 1,472.00
Other -Services Money 2,944.00

Total Cost of Sale 18,779

Gross Operating Profit 15,433

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 5,515
Salary & Wages ( S&M ) 644.44
Data Processing - S&M 7.41
Internet bill for (S&M) 111.11
Transportation - S&M 40.15
Advertising 4672.67
Staff Related Exp - S&M 38.74
Miscellanous -S&M
Phone & Fax-S & M

Maintance Expenses 4,410

Salary & Wages ( Eng ) 1106.28
Staff Related Expenses 143.76
Engineering Supplies 708.19
Uniform for M&E 10.75
Postage,Telephone,e-mail 59.06
Motor Vehical Expense 202.59
 Maintenance Building 1869.01
PS for M&E 0.07
Guest Supply 0.56
Transportation Labour & M&E 33.95
OS for M&E 1.85
Laundry 1.12
Miscellenous 272.68

Admin & General Expenses 10,151.75

Salary & Wages ( Admin ) 5,852.38
Staff Related Exp 475.70
Printing & Stationery ( Admin ) 36.70
Laundry 4.85
Data Processing - Admin 207.41
Uniform for A&G Department 49.28
Postage,Telephone,e-mail 59.06
Transportation - Admin 19.14
Bank Charges ( Admin ) 82.71
Exchange A/C (1.32)
Staff Activity

Staff S S B (Admin) 244.59

Present & Donation ( Admin ) 170.59
Rental -Office ( for Aug'18 ) 370.37
Medical Expenses ( Admin )
Miscellenous 36.96
Utential Diesel 206.21
EPC Bill for July'18 1,937.11
Lease Rental for Aug'18 400.00
Guest Supply
OS for Finance

Total -Sale & Marketing , M&E and Admin & General Expenses 20,076

Net Operating Profit (4,642.91)

4,642.91
0.00
 Villa Inle Resort & Spa
Balance Sheet as at August 31 , 2018

USD

1.0 ASSETS
F Asset ( Brick Fance ) 12,963 12,963
Fix Asset - Furniture & Fitting 21,831 21,831
F Asset ( HK ) 23,073 22,910
F Asset ( F&B ) 18,536 18,536
Fix Asset ( Vehical ) 37,648 37,648
Fix Asset ( Other ) 19,580 19,580
Fix Asset ( Building ) 79,983 79,983
Fix Asset ( Data Processing ) 7,685 7,685
F Asset Land & Building 20,501 17,455
Construction in Progress 2,831 2,831

FIXED ASSETS AND INTANGIBLES 244,630.79 241,421

2.0 CURRENT ASSETS

2.1 Accounts Receivable 15,790.92 2,969
2.2 Prepayments 38,412.08 33,910
2.3 Advances (Staff) 43,244.63 44,485
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 31,756.58 37,262
2.7 Cash in Hand 180,075 280,225
2.8 Cash at Bank

TOTAL CURRENT ASSETS 309,280 398,850

TOTAL ASSETS 553,910.43 640,271.60
3.0 LONG TERM LIABILITIES - -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,600.66) (67,601)
4.2 Accounts Payable - Trade (18,639) (17,607)
Accounts Payable - Construction
Accounts Payable - Trade columbus 1,916,646 1,852,936
Accounts Payable - Current Ho (3,021) (4,957)
Accounts Payable - Services Money (6,375) (10,941)
Accounts Payable - Commerical Tax (109,213) (105,219)
Accounts Payable - Land Lease (19,600) (17,600)
Accounts Payable -HO (Office) (15,837) (13,985)
4.3 Accrued Expenses (11,753) (8,117)
4.4 Provisions
4.5 Deposit Received 18545.63 16070.34
4.6 Other Payable 1,471 8,442

TOTAL CURRENT LIABILITIES 1,684,625 1,631,421

NET ASSETS 2,238,535 2,271,692
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
 5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 2,243,178 2,216,382
Retained Earnings /(Loss) (4,643) 55,310

SHAREHOLDERS' INTEREST 2,238,535 2,271,692

(0.00) (0.00)
 -
-
163
-
-
-
(0) 107,976,791.59
-
3,047
-
-
325,918,520.61
(6,268,178.80)
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 30 th sept18
Opening YGN
60408 4000 PL Staff Related Exp - Admin
50102 5000 PL Staff Related Exp - S&M
 #REF! #REF!
YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)

41,500.00 31 -

41,450.00 31 -
JV -Current (USD) Coso Trail
30.74 - 30.74

30.70 - 30.70

1,551.00
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 St September

Opening
Account code Department BS / PL Particular Debit
11012 100 BS Cash in Hand 114122.62284466
13023 100 BS A/R Guest Ledger -Inle 44730.585708999
13024 100 BS City Ledger ( Agoda ) 22064.93
13024 100 BS City Ledger ( HO ) 3542280.21
13027 100 BS Construction ( Laundry )
13027 100 BS Construction- pool 3650.5972727272
13027 100 BS Construction: Second Phase 21075.69
13027 100 BS New Project Construction
13032 100 BS Yangon Purchase
14011 100 BS Inventory-Food(Store) 3105.0738905559
14012 100 BS Inventory-Beverage(Store) 10753.902337156
14013 100 BS Inventory - Cleaning Supplies 2297.8805352741
14014 100 BS Inventory-Guest Supplies ( Store ) 784.54159181559
14014 100 BS Inventory-Printing Supplies ( Store ) 3941.3883553529
14015 100 BS Inventory - Massage Oil 20.273292721762
14016 100 BS Inventory - Souvier
14017 100 BS Inventory-Other Supply ( Store ) 3835.8156113442
14019 100 BS Inventory Diesel,Petrol ( Generator )
14019 100 BS Inventory-Diesel & Petrol ( Store ) 822.22968401968
14019 100 BS Inventory-Gas
14020 100 BS Inventory-Gas
14021 100 BS Inventory - H.K'Guest Supplies 928.30666666667
14024 100 BS Inventory - Mini Bar ( Bev ) 178.18
14024 100 BS Inventory - Mini Bar ( Food ) 6.86
14122 100 BS Operation Staff Canteen
14125 100 BS Operation - Food 3000.0578152302
14126 100 BS Operation - Beverage ( Bar ) 2658.9651851852
15012 100 BS Prepaid 15,118.95
15115 100 BS AR Collection - Deposit
16014 100 BS Staff Advance 8,620.03
16015 100 BS Refund
16103 100 BS Supsend
16303 100 BS Remit to -INLE
17098 100 BS F Asset F&B 16789.749987683
17100 100 BS F Asset(Eng) 744.44444444444
17101 100 BS F Asset ( Brick Fance ) 12962.555555556
17101 100 BS F Asset Land & Building 20501.209393939
17102 100 BS Fixed Asset ( HK ) 22910.075767778
17102 100 BS Fixed Asset ( Office Equipment ) 21830.564502252
17105 100 BS Construction ( HOD House, Office, Store ) 76571.60858641
17105 100 BS F Asset ( CCTV ) 8953.6296296296
17105 100 BS Fixed Asset - Fire Fighting Set 8800
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.4
17105 100 BS Fixed Asset ( Venical ) 37648.147407407
18011 200 BS Account Payable - Columbus 167461.53846154
18011 200 BS Account Payable - Lease Rental
18011 200 BS Account Payable -Commerical Tax
18011 200 BS Account Payable -Services Money
18011 200 BS Accrued Payable Hotel Trade
19014 200 BS Account Payable - Office Rental (HO)
19014 200 BS Accrued Electricity
21102 200 BS Tip for Staff
29999 200 BS Retain Earning

14021 1000 PL Guest Supply

30101 1000 PL Revenue Room
50101 1000 PL Salary & Wages ( HK )
50102 1000 PL Staff Related Expenses
60102 1000 PL Cleaning Supplies
60103 1000 PL Guest Supplies
60103 1000 PL PS for FO
60202 1000 PL Laundry
60204 1000 PL Uniform for Room Dept
60301 1000 PL Internet bill for Room
60301 1000 PL Postage,Telephone,e-mail
60303 1000 PL Transportation & Labour HK
60408 1000 PL Other Exp Bank;Charges for POS (HK)
60410 1000 PL Complimentory Food & Beverage
61021 1000 PL Landscaping ( HK )
61021 1000 PL Inventory Diesel,Petrol ( Garden )
62011 1000 PL Commission Fees for Sept'18
69999 1000 PL Miscellaneous HK
69999 1000 PL OS for HK
31011 2000 PL Revenue Food
32011 2000 PL Revenue Beverage
41011 2000 PL Food Cost
42011 2000 PL Beverage Cost
50101 2000 PL Salary & Wages ( F&B )
50102 2000 PL Staff Related Expenses
60102 2000 PL Cleaning Supply
60103 2000 PL Guest Supply
60202 2000 PL Laundry
60204 2000 PL Uniform for F&B Department
60301 2000 PL Postage,Telephone,e-mail
60303 2000 PL Transportation & Labour F&B
60408 2000 PL Other Exp Bank;Charges F&B
60415 2000 PL Untical Gas cost
69999 2000 PL Miscellaneous
69999 2000 PL OS for F&B
60107 2000 PL PS for F&B
30101 3200 PL Revenue - SPA
30101 3200 PL Revenue Spa
50101 3200 PL Salary & Wages ( Spa )
50102 3200 PL Staff Related Expenses
30102 3300 PL Other -Commerical & Services Money
30102 3300 PL Revenue - Others
30102 3300 PL Revenue Other(Souvenir)
30104 3300 PL Revenue Transportation
40101 3300 PL Cost Of Minibar ( Beverage )
40101 3300 PL Cost Of Minibar ( Food )
60303 3300 PL Transportation(MOD)
64015 3300 PL Comersial Tax for Sep'18
64015 3300 PL Cost of Souvinor
64015 3300 PL Payable - Service Money for Sep'18
69999 3300 PL Miscellanous (MOD)
14014 3400 PL PS for Spa
30101 3400 PL Revenue Laundry
40101 3400 PL Cost of Laundry
50101 3400 PL Salary & Wages ( Ldy )
50102 3400 PL Staff Related Expenses
69999 3400 PL OS for Spa
14122 4000 PL PS for Security
50101 4000 PL Salary & Wages ( Admin )
50102 4000 PL Staff Related Exp
60107 4000 PL PS for Finance
60202 4000 PL Laundry
60204 4000 PL Uniform for A&G Department
60301 4000 PL Postage,Telephone,e-mail
60303 4000 PL Transportation(Admin)
60408 4000 PL Other Exp Bank;Charges for POS (Admin)
60418 4000 PL SSB for Sept'18
60418 4000 PL Staff Activity
60422 4000 PL Present & Donation ( Admin )
63011 4000 PL Rental -Office ( for Sep'18 )
69999 4000 PL Miscellenous ( Admin )
69999 4000 PL OS for HR
50101 5000 PL Salary & Wages ( S&M )
60301 5000 PL Internet bill for S&M
60407 5000 PL Advertising ( S&M )
50101 6000 PL Salary & Wages ( Eng )
50102 6000 PL Staff Related Expenses
60108 6000 PL Engineering Supplies
60108 6000 PL Engineering Supplies
60204 6000 PL Uniform for M&E
60301 6000 PL Postage,Telephone,e-mail
60303 6000 PL Transportation Labour & M&E
60306 6000 PL Motor Vehicle Expenses ( Eng )
60408 6000 PL Other Exp Bank;Charges for POS (M&E)
61011 6000 PL Maintenance Building
69999 6000 PL Miscellaneous ( M&E )
69999 6000 PL OS for M&E
69999 6000 PL PS for M&E
65012 7000 PL Utential Diesel
65013 7000 PL EPC Bill for Sep'18
70102 8000 PL Lease Rental for Sep'18
80105 9000 PL Reallocation - SPA

4,200,253.01
 217832.29 101,337.94
Opening USD JV Coso
Credit Debit Credit Debit Credit Debit
116494.352757617 113732.165439098 230,616.98
8347.94740738556 20,613.07 12,208.00 65,343.66
307.00 22,371.93
12,208.00 307.00 3,554,488.21
22558.13545091 -
3,650.60
21,075.69
133.43 1377.77777777778 0 1,377.78
467,686.99 3008.934711 0
35.59 298.02 467.37 3,438.69
228.59 383.32 10,982.50
591.33 406.24 2,889.21
316.37 150.79 1,100.91
4.44 16.67 82.04 3,962.50
20.83 20.27
35.19 -
63.52 33.33 68.10 3,932.67
159.08 497.32 319.35 497.32
327.41 531.11 1,149.64
106.67 - 106.67
248.9992100492 100.74 -
117.09 273.27 1,045.40
15.93 73.10 194.11
11.16 22.81 18.02
1,169.73 474.4781481481 1644.2 1,644.21
1,558.90 690.41 4,558.96
364.43 241.03 3,023.40
111.8444444 15118.945202416
718.2 -
8620.02884707181
7,436.12 0
14,868.94 0
968,815.89 22166.3333333333 0
16,789.75
744.44
12,962.56
20,501.21
22,910.08
21,830.56
76,571.61
8,953.63
8,800.00
1,082.40
37,648.15
167,461.54
 19600 400 -
109212.6555561 879.63 -
6374.64 2944 1,759.00 2,944.00
18638.80755975 2,682.72 1,831.10 2,682.72
15,836.72 370.37 -
11753.21505154 1,937.11 1,407.48 1,937.11
479.15 0
2,535,696.85 0

1.85 - 1.85
0 10254.11 0
1897.39555555556 0 1897.39555555556
548 0 548
91.98 - 91.98
273.27 - 273.27
46.23 0 46.23
68.51 - 68.51
19.23037037037 0 19.2303703703704
111.11 - 111.11
7.012592592593 0 7.01259259259259
57.7777777777778 0 57.7777777777778
66.8716444444444 - 66.8716444444444
37.7777777777778 147.62 - 185.40
436.15 - 436.15
17.03 - 17.03
- 155.43 155.43
44.00 61.56 - 105.56
27.65 - 27.65
0 3,752.55 0
0 1,355.96 0
253.61 488.29 - 741.90
241.03 - 241.03
2759.36666666667 0 2759.36666666667
328.8 0 328.8
13.19 - 13.19
18.04 - 18.04
6.31 - 6.31
11.54740740741 0 11.5474074074074
62.57259259259 0 62.5725925925926
25.9259259259259 0 25.9259259259259
62.0437185185185 0 62.04
100.740740740741 0 100.74 201.480740740741
70.28 - 70.28
2.93 - 2.93
7.11 - 7.11
0 1569.57 0
0 0
490.203703703704 0 490.203703703704
109.60 0 109.6
- 2,638.89 -
 0 381.56 0
0 0
0 425.65 0
73.10 - 73.10
22.81 - 22.81
116.074074074074 0 16.76 132.834074074074
879.63 - 879.63
27.00 - 27.00
1759 0 1759
45.93 - 45.93
1.15 0 1.15
0 234.78 0
3.80 - 3.80
195.555555555556 0 195.555555555556
55 0 55
1.54 - 1.54
4.33 0 4.33
5839.17777777778 0 5839.17777777778
495.86 0 495.86
16.29 0 16.29
2.05 - 2.05
49.28 0 49.28
59.06592592593 0 59.0659259259259
451.951851851852 0 451.951851851852
34.8948815 - 34.89
202.888888888889 0 202.888888888889
25 0 25
207.407407407407 0 207.407407407407
370.3703703704 0 370.37037037037
23.56 - 23.56
13.32 - 13.32
644.444444444445 0 644.444444444445
111.11 - 111.11
365 0 365.00
866.111851851852 0 866.111851851852
164.4 0 164.4
928.518518518519 0 928.52
893.33 - 893.33
10.74962962963 0 10.7496296296296
59.06592592593 0 59.0659259259259
11.1111111111111 0 11.1111111111111
68.37 - 68.37
34.937362962963 0 34.937362962963
1,219.96 - 1,219.96
24.44 - 24.44
4.00 - 4.00
7.78 0 7.78
319.35 0 319.35
1,407.48 - 1,407.48
400.00 - 400.00
 20.83 0 20.83

4,200,253.01 144246.445179839 144246.446179817 48371.1549037 48371.14101 4392870.60866137

- 0.00 0.01
Coso
Credit Inle
113,732.17 116,884.81 114122.622844658
20,555.95 44,787.71 3650.59727272723
- 22,371.93 21075.69
307.00 3,554,181.21 3105.07389055592
22,558.14 (22,558.14) 784.541591815591
- 3,650.60 3941.3883553529
- 21,075.69 20.2732927217618
133.43 1,244.35 35.19
470695.9212111 (470,695.92) 3835.81561134421
467.37 2,971.32 248.99921004921
383.32 10,599.18 6.86000000000001
406.24 2,482.97 15118.945202416
150.79 950.12 16789.7499876832
82.04 3,880.46 21830.564502252
20.83 (0.56) 37648.1474074074
35.19 (35.19) 8953.62962962963
68.10 3,864.57 109212.65555613
478.43 18.89 18638.807559746
531.11 618.53 11753.215051541
- 106.67 2535696.8486519
349.74 (349.74)
273.27 772.13
73.10 121.01
22.81 (4.79)
1,644.20 0.01 1,705.65
690.41 3,868.55
241.03 2,782.37
111.8444444444 15,007.10
718.20 (718.20)
0 8,620.03
7436.116666667 (7,436.12)
14868.94 (14,868.94)
990982.2231046 (990,982.22)
- 16,789.75
- 744.44
- 12,962.56
- 20,501.21
- 22,910.08
- 21,830.56
- 76,571.61
- 8,953.63
- 8,800.00
- 1,082.40
- 37,648.15
- 167,461.54
 20,000.00 (20,000.00)
110,092.29 (110,092.29)
8,133.64 (5,189.64)
20,469.91 (17,787.19)
16,207.09 (16,207.09)
13,160.70 (11,223.59)
479.15 (479.15)
2535696.848652 (2,535,696.85)
-
- 1.85
10254.11 (10,254.11)
0 1,897.40
0 548.00 2720
- 91.98
- 273.27
0 46.23
- 68.51
0 19.23
- 111.11
0 7.01
0 57.78
- 66.87
- 185.40
- 436.15
- 17.03
- 155.43
- 105.56
- 27.65
3752.55 (3,752.55)
1355.96 (1,355.96)
- 741.90
- 241.03
0 2,759.37
0 328.80
- 13.19
- 18.04
- 6.31
0 11.55
0 62.57
0 25.93
- 62.04
0 201.48
- 70.28
- 2.93
- 7.11
1569.57 (1,569.57)
0 -
0 490.20
0 109.60
2,638.89 (2,638.89)
381.56 (381.56)
0 -
425.65 (425.65)
- 73.10
- 22.81
0 132.83
- 879.63
- 27.00
0 1,759.00
- 45.93
0 1.15
234.78 (234.78)
- 3.80
0 195.56
0 55.00
- 1.54
0 4.33
0 5,839.18
0 495.86
0 16.29
- 2.05
0 49.28
0 59.07
0 451.95
- 34.89
0 202.89
0 25.00
0 207.41
0 370.37
- 23.56
- 13.32
0 644.44
- 111.11
- 365.00
0 866.11
0 164.40
- 928.52
- 893.33
0 10.75
0 59.07
0 11.11
- 68.37
0 34.94
- 1,219.96
- 24.44
- 4.00
0 7.78
0 319.35
- 1,407.48
- 400.00
 0 20.83
0
4392870.595765 0.01
0.013
 Villa Inle Resort & Spa ( YGN+ Inle )
Trial Balance ( Current ) as at 3oth Sept' 2018

Account codeDepartmentBS / PL Particular Inle YGN

11012 100 BS Cash in Hand 116884.81 66345.65
13023 100 BS A/R Guest Ledger -Inle 44787.71
13023 100 BS AR Collection -28241.92
13024 100 BS City Ledger ( Agoda ) 22371.93
13024 100 BS City Ledger ( HO ) 3554181.21 -3554181.75
13027 100 BS New Project Construction 1244.35
13027 100 BS Construction ( Brick ) Swimming Pool (Fix asset )
13027 100 BS Construction ( Laundry ) -22558.14
13027 100 BS Construction- pool 3650.60 662.73
13027 100 BS Construction: Second Phase 21075.69
13032 100 BS Yangon Purchase -470695.92 468191.56
14011 100 BS Inventory-Food(Store) 2971.32
14012 100 BS Inventory-Beverage(Store) 10599.18
14013 100 BS Inventory - Cleaning Supplies 2482.97
14014 100 BS Inventory-Guest Supplies ( Store ) 950.12
14014 100 BS Inventory-Printing Supplies ( Store ) 3880.46
14015 100 BS Inventory - Massage Oil -0.56
14016 100 BS Inventory - Souvier -35.19
14017 100 BS Inventory-Other Supply ( Store ) 3864.57
14019 100 BS Inventory Diesel,Petrol ( Generator ) 18.89
14019 100 BS Inventory-Diesel & Petrol ( Store ) 618.53
14019 100 BS Inventory-Gas 106.67
14020 100 BS Inventory-Gas -349.74
14021 100 BS Inventory - H.K'Guest Supplies 772.13
14024 100 BS Inventory - Mini Bar ( Bev ) 121.01
14024 100 BS Inventory - Mini Bar ( Food ) -4.79
14122 100 BS Operation Staff Canteen 0.01
14125 100 BS Operation - Food 3868.55
14126 100 BS Operation - Beverage ( Bar ) 2782.37
15012 100 BS Prepaid 15007.10 23293.13
15115 100 BS AR Collection - Deposit -718.20 5980.50
16014 100 BS Staff Advance 8620.03 34624.60
16015 100 BS Refund -7436.12 9386.29
16103 100 BS Supsend -14868.94 -52731.72
16303 100 BS Remit to -INLE -990982.22 990982.22
17098 100 BS F Asset F&B 16789.75 1746.33
17100 100 BS F Asset(Eng) 744.44
17101 100 BS F Asset ( Brick Fance ) 12962.56
17101 100 BS F Asset Land & Building 20501.21
17102 100 BS Fixed Asset ( HK ) 22910.08 163.00
17102 100 BS Fixed Asset ( Office Equipment ) 21830.56
17105 100 BS Construction ( HOD House, Office, Store ) 76571.61 3411.20
17105 100 BS F Asset ( CCTV ) 8953.63
17105 100 BS Fix Asset - Building
17105 100 BS Fix Asset - Data Processing 7685.00
17105 100 BS Fixed Asset - Fire Fighting Set 8800.00
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.40
17105 100 BS Fixed Asset ( Venical ) 37648.15
18011 200 BS Account Payable - Columbus 167461.54 1749184.00
18011 200 BS Account Payable - Lease Rental -20000.00
18011 200 BS Account Payable -Commerical Tax -110092.29
18011 200 BS Account Payable -Services Money -5189.64
18011 200 BS Accrued Payable Hotel Trade -17787.19
19014 200 BS Account Payable - Office Rental (HO) -16207.09
19014 200 BS Accrued Electricity -11223.59
21102 200 BS Tip for Staff 0.00
29999 200 BS Retain Earning -2536176.00 273831.35

14021 1000 PL Guest Supply

30101 1000 PL Revenue Room -10254.11
50101 1000 PL Salary & Wages ( HK ) 1897.40
50102 1000 PL Staff Related Expenses 548.00
60102 1000 PL Cleaning Supplies 93.83
60103 1000 PL Guest Supplies 273.27
60103 1000 PL PS for FO 46.23
60202 1000 PL Laundry 68.51
60204 1000 PL Uniform for Room Dept 19.23
60301 1000 PL Internet bill for Room 111.11
60301 1000 PL Postage,Telephone,e-mail 7.01
60303 1000 PL Transportation & Labour HK 57.78 43.70
60408 1000 PL Other Exp Bank;Charges for POS (HK) 66.87
60410 1000 PL Complimentory Food & Beverage 185.40
61021 1000 PL Inventory Diesel,Petrol ( Garden ) 17.03
61021 1000 PL Landscaping ( HK ) 436.15
62011 1000 PL Commission Fees for Sept'18 155.43
69999 1000 PL Miscellaneous HK 105.56
69999 1000 PL OS for HK 27.65
31011 2000 PL Revenue Food -3752.55
32011 2000 PL Revenue Beverage -1355.96
41011 2000 PL Food Cost 741.90
42011 2000 PL Beverage Cost 241.03
50101 2000 PL Salary & Wages ( F&B ) 2759.37
50102 2000 PL Staff Related Expenses 328.80
60102 2000 PL Cleaning Supply 13.19
60103 2000 PL Guest Supply 18.04
60107 2000 PL PS for F&B 7.11
60202 2000 PL Laundry 6.31
60204 2000 PL Uniform for F&B Department 11.55
60301 2000 PL Postage,Telephone,e-mail 62.57
60303 2000 PL Transportation & Labour F&B 25.93 43.70
60408 2000 PL Other Exp Bank;Charges F&B 62.04
60415 2000 PL Untical Gas cost 201.48
69999 2000 PL Miscellaneous 70.28
69999 2000 PL OS for F&B 2.93
30101 3200 PL Revenue - SPA -1569.57

50101 3200 PL Salary & Wages ( Spa ) 490.20

50102 3200 PL Staff Related Expenses 109.60
30102 3300 PL Other -Commerical & Services Money -2638.89
30102 3300 PL Revenue - Others -381.82
30104 3300 PL Revenue Transportation -425.65
40101 3300 PL Cost Of Minibar ( Beverage ) 73.10
40101 3300 PL Cost Of Minibar ( Food ) 22.81
60303 3300 PL Transportation(MOD) 132.83
64015 3300 PL Comersial Tax for Sep'18 879.63
64015 3300 PL Cost of Souvinor 27.00
64015 3300 PL Payable - Service Money for Sep'18 1759.00
69999 3300 PL Miscellanous (MOD) 45.93
14014 3400 PL PS for Spa 1.15
30101 3400 PL Revenue Laundry -234.78
40101 3400 PL Cost of Laundry 3.80
50101 3400 PL Salary & Wages ( Ldy ) 195.56
50102 3400 PL Staff Related Expenses 55.00
69999 3400 PL OS for Spa 1.54
14122 4000 PL PS for Security 4.33
50101 4000 PL Salary & Wages ( Admin ) 5839.18
50102 4000 PL Staff Related Exp 495.86 30.74
60107 4000 PL PS for Finance 16.29
60202 4000 PL Data Processing - Admin 7.41
60202 4000 PL Laundry 2.05
60204 4000 PL Uniform for A&G Department 49.28
60301 4000 PL Postage,Telephone,e-mail 59.07 11.11
60303 4000 PL Transportation(Admin) 451.95 21.85
60408 4000 PL Other Exp Bank;Charges for POS (Admin) 34.89 141.63
60408 4000 PL Staff Related Exp - Admin
60413 4000 PL Exchange Money -744.43
60418 4000 PL SSB for Sept'18 202.89
60418 4000 PL Staff Activity 25.00
60422 4000 PL Present & Donation ( Admin ) 207.41
63011 4000 PL Rental -Office ( for Sep'18 ) 370.37
69999 4000 PL Miscellenous ( Admin ) 23.56
69999 4000 PL OS for HR 13.32
50101 5000 PL Salary & Wages ( S&M ) 644.44
50102 5000 PL Staff Related Exp - S&M 30.70
60202 5000 PL Data Processing - S&M 7.41
60301 5000 PL Internet bill for S&M 111.11 11.11
60303 5000 PL Transportation Chgs - S&M 41.04
60407 5000 PL Advertising ( S&M ) 365.00
50101 6000 PL Salary & Wages ( Eng ) 866.11
50102 6000 PL Staff Related Expenses 164.40
60108 6000 PL Engineering Supplies 1821.85
60204 6000 PL Uniform for M&E 10.75
60301 6000 PL Postage,Telephone,e-mail 59.07
60303 6000 PL Transportation Labour & M&E 11.11 21.85
60306 6000 PL Motor Vehicle Expenses ( Eng ) 68.37
60408 6000 PL Other Exp Bank;Charges for POS (M&E) 34.94
61011 6000 PL Maintenance Building 1219.96
69999 6000 PL Miscellaneous ( M&E ) 24.44
69999 6000 PL OS for M&E 4.00
69999 6000 PL PS for M&E 7.78
65012 7000 PL Utential Diesel 319.35
65013 7000 PL EPC Bill for Sep'18 1407.48
70102 8000 PL Lease Rental for Sep'18 400.00
80105 9000 PL Reallocation - SPA 20.83

-0.25 0.00
 Total
183230.46
44787.71
-28241.92
22371.93 38917.72
0.00 -0.54
1244.35 1244.35
0.00
-22558.14
4313.32 4075.23
21075.69
-2504.36 -2504.36
2971.32
10599.18
2482.97
950.12
3880.46
-0.56
-35.19
3864.57
18.89
618.53
106.67
-349.74
772.13
121.01 32646.49
-4.79
0.01
3868.55
2782.37
38300.23
5262.30
43244.63
1950.17
-67600.66
0.00
18536.08
744.44
12962.56
20501.21
23073.08
21830.56
79982.81
8953.63
0.00
7685.00
8800.00
1082.40
37648.15
1916645.54
-20000.00
 -110092.29
-5189.64
-17787.19
-16207.09
-11223.59
0.00
-2262344.65
-6876.78
0.00
-10254.11
1897.40
548.00
93.83
273.27
46.23
68.51
19.23
111.11
7.01
101.48
66.87 6255.62
185.40 106.8
17.03
436.15
155.43
105.56
27.65
-3752.55
-1355.96
741.90
241.03
2759.37
328.80
13.19
18.04
7.11
6.31
11.55
62.57
69.63
62.04
201.48
70.28
2.93
-1569.57
0.00
490.20
109.60
-2638.89
-381.82 381.82
-425.65
73.10
22.81
132.83
 879.63
27.00
1759.00
45.93
1.15
-234.78
3.80
195.56
55.00
1.54
4.33
5839.18
526.60
16.29
7.41
2.05
49.28
70.18
473.80
176.52
0.00
-744.43
202.89
25.00
207.41
370.37
23.56
13.32
644.44
30.70
7.41
122.22
41.04
365.00
866.11
164.40
1821.85
10.75
59.07
32.96
68.37
34.94
1219.96
24.44
4.00
7.78
319.35
1407.48
400.00
20.83

0.29
0
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 Sept 2018
Amount (USD)
Revenue 20,613
Room Revenue 10,254.11
Mini Bar Revenue
Food & Beverage 5,108.51
Other Operation Department
Phone
SPA 1,569.57
Other 381.82
Transportation 425.65
Laundry 234.78
Other -Commerical & Services Money 2638.89

Total Revenue 20,613

Cost of Sale
Room Expenses 4,160
Salary & Wages ( HK ) 1897.40
Staff Related Expenses 548.00
Cleaning Supplies ( HK ) 93.83
Guest Supplies 273.27
Printing & Stationery ( FO,HK ) 46.23
Operating - Beverage ( FO )
Laundry 68.51
Linen ( HK )
Uniform for Room Dept 19.23
Internet bill for Room 111.11
Postage,Telephone,e-mail 7.01
Transportation & Labour ( HK ) 101.48
Landscaping ( HK ) 453.18
Complimentory Food & Beverage 185.40
Room Commission Fee ( for Sept'18 ) 155.43
Commision Fee
Miscellaneous ( HK ) 200.08
Data Processing HK

Mini Bar Expenses 96

Mini Bar Cost 95.91

Food & Beverage Expenses 4,596

Food Cost 741.90
Beverage Cost 241.03
Salary & Wages ( F&B ) 2,759.37
Staff Related Expenses 328.80
Cleaning Supply 13.19
Guest Supply 18.04
PS for F&B 7.11
 Laundry 6.31
Uniform for F&B Department 11.55 -
Postage,Telephone,e-mail 62.57
Transportation & Labour ( F&B ) 69.63
Utential GAS Cost 201.48
Miscellaneous 132.33
OS for F&B 2.93

Other Operation Department 1,083

Salary & Wages ( Spa ) 490.20
Staff Related Expenses 109.60
Ps for Spa 1.15
OS for Spa 1.54
Miscellaneous
Transport Expenses ( MOD ) 132.83
Other Expense ( MOD ) 45.93
Cost of Laundry 3.80
Salary & Wages ( Ldy ) 195.56
Staff Related Expenses 55.00
Reallocation - SPA 20.83
Cost Of Souvenier 27.00

Tax & Services Money 2,639

Other -Commerical Tax 1,759.00
Other -Services Money 879.63

Total Cost of Sale 12,574

Gross Operating Profit 8,039

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 1,211
Salary & Wages ( S&M ) 644.44
Data Processing - S&M 7.41
Internet bill for (S&M) 122.22
Transportation - S&M 41.04
Advertising 365.00
Staff Related Exp - S&M 30.70
Miscellanous -S&M
Phone & Fax-S & M

Maintance Expenses 4,315

Salary & Wages ( Eng ) 866.11
Staff Related Expenses 164.40
Engineering Supplies 1821.85
Uniform for M&E 10.75
Postage,Telephone,e-mail 59.07
Motor Vehical Expense 68.37
Maintenance Building 1219.96
PS for M&E 7.78
OS for M&E 4.00
Miscellenous 59.38
Transportation & Labour ( eng ) 32.96
 Admin & General Expenses 9,390.58
Salary & Wages ( Admin ) 5,839.18
Staff Related Exp 526.60
Printing & Stationery ( Admin ) 16.29
Laundry 2.05
Data Processing - Admin 7.41
Uniform for A&G Department 49.28
Postage,Telephone,e-mail 70.18
Transportation - Admin 473.80
Bank Charges ( Admin ) 176.52
Exchange A/C (744.43)
Staff Activity 25.00
OS for HR 13.32
Staff S S B (Admin) 202.89
Present & Donation ( Admin ) 207.41
Rental -Office ( for Sept'18 ) 370.37
Medical Expenses ( Admin )
Miscellenous 23.56
Utential Diesel 319.35
EPC Bill for July'18 1,407.48
Lease Rental for Aug'18 400.00
PS for Security 4.33

Total -Sale & Marketing , M&E and Admin & General Expenses 14,916

Net Operating Profit (6,877.07)

6,877.33
0.26
 Villa Inle Resort & Spa
Balance Sheet as at Sept 30 , 2018

USD

1.0 ASSETS
F Asset ( Brick Fance ) 12,962.56
Fix Asset - Furniture & Fitting 21,830.56
F Asset ( HK ) 23,073.08
F Asset ( F&B ) 18,536.08
Fix Asset ( Vehical ) 37,648.15
Fix Asset ( Other ) 19,580.47
Fix Asset ( Building ) 79,982.81
Fix Asset ( Data Processing ) 7,685.00
F Asset Land & Building 20,501.21
Construction in Progress 4,075.23
###
FIXED ASSETS AND INTANGIBLES 245,875.14

2.0 CURRENT ASSETS

2.1 Accounts Receivable 38,917.72
2.2 Prepayments 38,300.23
2.3 Advances (Staff) 43,244.63
2.4 Current Account ( HO )
2.5 Other Receivable
2.6 Inventories at Cost 32,646.49
2.7 Cash in Hand 183,230.46
2.8 Cash at Bank

TOTAL CURRENT ASSETS 336,339.53

TOTAL ASSETS 582,214.67
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,600.66)
4.2 Accounts Payable - Trade (17,787.19)
Accounts Payable - Construction
Accounts Payable - Trade columbus 1,916,645.54
Accounts Payable - Current Ho (2,504.36)
Accounts Payable - Services Money (5,189.64)
Accounts Payable - Commerical Tax (110,092.29)
Accounts Payable - Land Lease (20,000.00)
Accounts Payable -HO (Office) (16,207.09)
4.3 Accrued Expenses (11,223.59)
4.4 Provisions
4.5 Deposit Received 5,262.30
4.6 Other Payable 1,950.17

TOTAL CURRENT LIABILITIES 1,673,253.19

NET ASSETS 2,255,467.86
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
 5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 2,262,344.65
Retained Earnings /(Loss) (6,876.78)

SHAREHOLDERS' INTEREST 2,255,467.86

(0.00)
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 St September

Opening
Account code Department BS / PL Particular Debit
11012 100 BS Cash in Hand 116494.35
13023 100 BS A/R Guest Ledger -Inle 44787.708301613
13024 100 BS City Ledger ( Agoda ) 22371.93
13024 100 BS City Ledger ( HO ) 3554181.21
13027 100 BS New Project Construction 1244.3477777778
13027 100 BS Construction ( Laundry )
13027 100 BS Construction- pool 3650.5972727272
13027 100 BS Construction: Second Phase 21075.69
13032 100 BS Yangon Purchase
14011 100 BS Inventory-Beverage Store ( Store )
14011 100 BS Inventory-Food Store ( Store )
14011 100 BS Inventory-Food(Store) 2971.3186386967
14012 100 BS Inventory-Beverage(Store) 10599.175300119
14013 100 BS Inventory - Cleaning Supplies 2482.9725352741
14014 100 BS Inventory-Guest Supplies ( Store ) 950.1217029267
14014 100 BS Inventory-Printing Supplies ( Store ) 3880.459466464
14015 100 BS Inventory - Massage Oil
14016 100 BS Inventory - Souvier
14017 100 BS Inventory-Other Supply ( Store ) 3864.5674631961
14019 100 BS Inventory Diesel,Petrol ( Generator ) 18.89
14019 100 BS Inventory-Diesel & Petrol ( Store ) 618.52709142709
14019 100 BS Inventory-Gas 106.66666666667
14021 100 BS Inventory - H.K'Guest Supplies 772.12666666667
14024 100 BS Inventory - Mini Bar ( Bev ) 121.01
14024 100 BS Inventory - Mini Bar ( Food )
14122 100 BS Operation Staff Canteen
14125 100 BS Operation - Food 3868.5511485636
14126 100 BS Operation - Beverage ( Bar ) 2782.3651851852
15012 100 BS Prepaid 15007.100757972
15115 100 BS AR Collection - Deposit
16014 100 BS Staff Advance 8620.0288470718
16015 100 BS Refund
16103 100 BS Supsend
16303 100 BS Remit to -INLE
17098 100 BS F Asset F&B 16789.749987683
17100 100 BS F Asset(Eng) 744.44444444444
17101 100 BS Construction- Floting Stand
17101 100 BS F Asset ( Brick Fance ) 12962.555555556
17101 100 BS F Asset Land & Building 20501.209393939
17102 100 BS Fixed Asset ( HK ) 22910.075767778
17102 100 BS Fixed Asset ( Office Equipment ) 21830.564502252
17105 100 BS Construction ( HOD House, Office, Store ) 76571.60858641
17105 100 BS F Asset ( CCTV ) 8953.6296296296
17105 100 BS Fixed Asset - Fire Fighting Set 8800
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.4
17105 100 BS Fixed Asset ( Venical ) 37648.147407407
18011 200 BS Account Payable - Columbus 167461.53846154
18011 200 BS Account Payable - Lease Rental
18011 200 BS Account Payable -Commerical Tax
18011 200 BS Account Payable -Services Money
18011 200 BS Accrued Payable Hotel Trade
18011 200 BS Accrued Service Money for Sept'18
18011 200 BS Service Money Sept'18
19014 200 BS Account Payable - Office Rental (HO)
19014 200 BS Accrued Electricity
21102 200 BS Tip for Staff
29999 200 BS Retain Earning
14021 1000 PL Guest Supply
14122 1000 PL Printing & Stationary FO
30101 1000 PL Room Revenue
50101 1000 PL Salary & Wages ( HK )
50102 1000 PL Staff Related Expenses
60102 1000 PL Cleaning Supplies
60103 1000 PL Guest Supplies
60103 1000 PL Operating - Beverage ( FO )
60103 1000 PL PS for FO
60107 1000 PL PS for HK
60202 1000 PL Laundry
60204 1000 PL Uniform for Room Dept
60301 1000 PL Internet bill for Room
60301 1000 PL Postage,Telephone,e-mail
60303 1000 PL Transportation & Labour HK
60410 1000 PL Complimentory ( HK )
61021 1000 PL Landscaping ( HK )
62011 1000 PL Room Commission Fee ( for Oct'18 )
69999 1000 PL Miscellaneous ( HK )
69999 1000 PL OS for FO
69999 1000 PL OS for HK
69999 1000 PL Other Exp Bank;Charges for POS (HK)
31011 2000 PL Revenue Food
32011 2000 PL Beverage Revenue
41011 2000 PL Food Cost
42011 2000 PL Beverage Cost
50101 2000 PL Salary & Wages ( F&B )
50102 2000 PL Staff Related Expenses
60102 2000 PL Cleaning Supply
60103 2000 PL Guest Supply
60202 2000 PL Laundry
60204 2000 PL Uniform for F&B Department
60301 2000 PL Internet bill for F&B
60301 2000 PL Postage,Telephone,e-mail
60303 2000 PL Transportation & Labour F&B
61022 2000 PL Swimming Pool sand for F&B Department
69999 2000 PL Miscellaneous ( F&B )
69999 2000 PL Miscelleneous
69999 2000 PL OS for F&B
69999 2000 PL Other Exp Bank;Charges F&B
30101 3200 PL Revenue - SPA
50101 3200 PL Salary & Wages ( Spa )
50102 3200 PL Staff Related Expenses
30102 3300 PL Other -Commerical & Services Money
30102 3300 PL Revenue Other
30104 3300 PL Revenue - Transportation
40101 3300 PL Cost Of Minibar ( Beverage )
40101 3300 PL Cost Of Minibar ( Food )
60303 3300 PL Transportation(MOD)
64015 3300 PL Comersial Tax for Oct'18
64015 3300 PL Cost of Souvinor
64015 3300 PL Payable - Service Money for Oct'18
69999 3300 PL Miscellaneous ( MOD )
69999 3300 PL Other Exp Bank;Charges for POS (MOD)
30101 3400 PL Revenue - Laundry
40101 3400 PL Cost of Laundry
50101 3400 PL Salary & Wages ( Ldy )
50102 3400 PL Staff Related Expenses
69999 3400 PL Miscellaneous Laundry
69999 3400 PL OS for Spa
14021 4000 PL PS for Security
14122 4000 PL Printing & Stationary (Admin)
50101 4000 PL Salary & Wages ( Admin )
50102 4000 PL Staff Related Exp
50102 4000 PL Staff Related Expenses
60107 4000 PL PS for F&B
60107 4000 PL PS for Finance
60202 4000 PL Laundry
60204 4000 PL Uniform for A&G Department
60301 4000 PL Internet bill for A&G
60301 4000 PL Postage,Telephone,e-mail
60303 4000 PL Transportation(Admin)
60408 4000 PL Bank'Charges for Admin
60413 4000 PL Exchange Money
60418 4000 PL SSB for Oct'18
60418 4000 PL Staff Activity
60422 4000 PL Present & Donation ( Admin )
63011 4000 PL Rental -Office ( for Oct'18 )
69999 4000 PL Miscellenous ( Admin )
69999 4000 PL OS for HR
50101 5000 PL Salary & Wages ( S&M )
60301 5000 PL Internet bill for S&M
50101 6000 PL Salary & Wages ( Eng )
50102 6000 PL Staff Related Expenses
60108 6000 PL Engineering Supplies
60108 6000 PL Engineering Supplies
60108 6000 PL Maintenance Building
60108 6000 PL Maintenance Reparing Grenator
60204 6000 PL Uniform for M&E
60301 6000 PL Internet bill for M&E
60301 6000 PL Postage,Telephone,e-mail
60303 6000 PL Transportation Labour & M&E
69999 6000 PL Guest Supply
69999 6000 PL Miscellenous ( M&E )
69999 6000 PL OS for M&E
69999 6000 PL Other Exp Bank;Charges for POS (M&E)
69999 6000 PL PS for M&E
65012 7000 PL Gas
65012 7000 PL Utential Diesel
65013 7000 PL EPC Bill for Sep'18
70102 8000 PL Lease Rental for Oct'18
80105 9000 PL Reallocation - SPA

4,216,725.64
 217832.29 89,651.82
Opening USD JV Coso
Credit Debit Credit Debit Credit Debit
128,180.47 116,494.35 244,674.82
19585.5247955666 66,058.94 39,655.48 110,846.65
22,371.93
39,655.48 3,593,836.69
1,026.28 2,270.63
22558.13545091 -
3,650.60
21,075.69
470695.9212111 5,406.70 0
221.04 0 221.04
408.74 0 669.5111111 1,205.53 1,078.25
2,971.32
1,748.59 1,342.21 12,347.76
246.15 437.84 2,729.13
59.26 372.08 1,009.38
55.56 103.77 3,936.02
0.556707278238 50.74 58.46 50.74
35.19 -
105.93 356.23 265.05 4,326.73
1,134.08 338.14 1,152.97
421.93 618.53
349.7392100492 74.67 152.53 181.33
321.8600000 817.54 1,093.99
171.81 143.64 292.82
4.79 69.56 36.67 69.56
1,023.11 1.102111 646.83444444 1668.83 1,669.95
864.77 4,409.11 1,790.92 9,142.43
1,165.96 870.00 3,948.33
518.52 159.079259259 15525.6192764901
718.2 -
8620.02884707181
7436.116666667 0
14868.94 0
990982.2231046 23892.8888888889 0
258.00 17,047.75
744.44
26.63 0 26.63
12,962.56
20,501.21
22,910.08
21,830.56
76,571.61
8,953.63
8,800.00
1,082.40
 37,648.15
167,461.54
20000 400.00 -
110092.2855561 4,135.90 2,825.59 4,135.90
5189.64 3,166.48 2,023.00 5,651.00 5,189.48
17787.19237456 1588.52666666667 4,172.49 1,588.53
0 -
0 -
16207.09452992 370.37 -
11223.58542191 1,920.81 -
479.15 0
2528096.878489 2023 0
0.84 - 0.84
12.96 0 12.96
- 35,666.06 -
2,149.43 - 2,149.43
606.8 0 606.80
136.21 - 136.21
817.54 - 817.54
4.44 - 4.44
53.24 - 53.24
5.47 - 5.47
2.76 - 2.76
19.23 - 19.23
55.56 - 55.56
15.56 - 15.56
81.78 0 81.78
143.70 - 57.93 201.63
1,330.52 0 32.30 1,362.82
521.88 - 521.88
380.07 0 95.64666622222 475.72
49.89 - 49.89
13.10 - 13.10
127.66 0 127.66
- 12,619.54 -
- 4,255.45 -
1,469.62 - 1,469.62
870 0 870.00
2,570.12 - 2,570.12
333.74 - 333.74
72.92 - 72.92
30.37 - 30.37
2.15 0 2.15
11.54740740741 0 11.55
27.78 - 27.78
15.56 - 15.56
148.15 0 148.15
7.201481481481 0 7.20
35.19 0 154.54 189.73
26.76 - 26.76
 105.78 - 105.78
133.47 0 133.47
- 2,773.91 -
407.41 - 407.41
60.7 0 60.70
- 8,476.76 -
- 1,070.48 -
- 495.87 -
143.64 0 143.64
36.67 0 36.67
67.33 0 34.07 101.40
2,825.59 - 2,825.59
212.00 - 212.00
5,651.00 - 5,651.00
154.81 0 154.81
110.23 0 110.23
- 700.87 -
30.30 0 9.57 39.87
195.555555555556 - 195.56
30.45 - 30.45
2.96 2.96
49.07 - 49.07
7.56 - 7.56
9.85 0 9.85
5851.85185185185 - 5851.85185185185
263.37 - 263.37
485.44 - 485.44
9.42 - 9.42
28.28 - 28.28
6.22 0 6.22
49.28 0 49.28
27.78 - 27.78
7.777777777778 0 7.78
51.11 0 51.11
6.11 0 6.11
15.00 16.30 15.00
187.89 0 187.89
25.00 0 25.00
776.67 0 776.67
370.37 - 370.37
13.33 0 3.60 16.93
14.67 - 14.67
644.44 - 644.44
55.56 - 55.56
641.481481481482 0 641.48
151.70 - 151.70
250.06 0 250.06
518.63 - 518.63
1,416.30 0 1,416.30
443.44 0 443.44
 10.74962962963 0 10.75
27.78 - 27.78
7.78 - 7.78
29.63 0 29.63
5.25 - 5.25
3.60 - 3.60
1.67 - 1.67
3.00 0 3.00
4.02 - 4.02
170.666666666667 0 170.666666666667
490.67 - 490.67
1,920.81 - 1,920.81
400.00 - 400.00
58.46 0 58.46

4,216,725.64 159990.173 159990.173 138668.5988655 138668.598864 4515384.41032503

(0.000) (0.000) 0.000
Coso
Credit Inle
116,494.35 128,180.46 116884.810163176
59,241.00 51,605.64 3650.59727272723
- 22,371.93 21075.69
- 3,593,836.69 1244.34777777778
- 2,270.63 2971.31863869666
22,558.14 (22,558.14) 10599.1753001193
- 3,650.60 2482.97253527409
- 21,075.69 950.121702926702
476102.6167444 (476,102.62) 0.5567072782382
- 221.04 3864.56746319606
1,205.53 (127.28) 18.8899999999999
- 2,971.32 618.527091427091
1,342.21 11,005.55 121.01
437.84 2,291.29 15007.1007579716
372.08 637.30 16789.7499876832
103.77 3,832.25 22910.0757677778
59.02 (8.28) 76571.6085864102
35.19 (35.19) 1082.4
265.05 4,061.68 37648.1474074074
338.14 814.83 110092.28555613
421.93 196.60 17787.192374561
502.27 (320.94) 11223.585421912
817.54 276.45
143.64 149.18
41.46 28.10
1,669.93 0.01 1,754.97
1,790.92 7,351.51
870.00 3,078.33
159.0792592593 15,366.54
718.20 (718.20)
0 8,620.03
7436.116666667 (7,436.12)
14868.94 (14,868.94)
1014875.111994 (1,014,875.11)
- 17,047.75
- 744.44
- 26.63
- 12,962.56
- 20,501.21
- 22,910.08
- 21,830.56
- 76,571.61
- 8,953.63
- 8,800.00
- 1,082.40
 - 37,648.15
- 167,461.54
20,400.00 (20,400.00)
112,917.88 (108,781.98)
10,840.64 (5,651.16)
21,959.68 (20,371.15)
- -
- -
16,577.46 (16,577.46)
13,144.40 (13,144.40)
479.15 (479.15)
2530119.878489 (2,530,119.88)
0 0.84
0 12.96
35,666.06 (35,666.06)
- 2,149.43
- 606.80
- 136.21
- 817.54
- 4.44
- 53.24
- 5.47
- 2.76
- 19.23
- 55.56
- 15.56
- 81.78
- 201.63
- 1,362.82
- 521.88
- 475.72
- 49.89
- 13.10
- 127.66
12,619.54 (12,619.54)
4,255.45 (4,255.45)
- 1,469.62
- 870.00
- 2,570.12
- 333.74
- 72.92
- 30.37
- 2.15
- 11.55
- 27.78
- 15.56
- 148.15
- 7.20
- 189.73
- 26.76
 - 105.78
- 133.47
2,773.91 (2,773.91)
- 407.41
- 60.70
8,476.76 (8,476.76)
1,070.48 (1,070.48)
495.87 (495.87)
- 143.64
- 36.67
- 101.40
- 2,825.59
- 212.00
- 5,651.00
- 154.81
- 110.23
700.87 (700.87)
- 39.87
- 195.56
- 30.45
- 2.96
- 49.07
- 7.56
- 9.85
- 5,851.85
- 263.37
- 485.44
- 9.42
- 28.28
- 6.22
- 49.28
- 27.78
- 7.78
- 51.11
- 6.11
16.30 (1.30)
- 187.89
- 25.00
- 776.67
- 370.37
- 16.93
- 14.67
- 644.44
- 55.56
- 641.48
- 151.70
- 250.06
- 518.63
- 1,416.30
- 443.44
 - 10.75
- 27.78
- 7.78
- 29.63
- 5.25
- 3.60
- 1.67
- 3.00
- 4.02
0 170.67
- 490.67
- 1,920.81
- 400.00
- 58.46
0 -
0
4515384.410487 (0.00)
(0.000)
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 Oct'18

Opening YGN
11012 100 BS Cash in Hand 66345.65

13023 100 BS AR Collection 28,241.92

13023 100 BS AR Collection - Deposit

13024 100 BS City Ledger 3554181.75
13027 100 BS Construction ( Brick ) Swimming Pool (Fix asset ) 662.727272727
13032 100 BS Current HO Purchasing 468923.534126

13032 100 BS Current HO Payable - Outstanding 731.967900894

15012 100 BS Prepaid 23,293.13
15115 100 BS AR Collection - Deposit 5980.49666667
16014 100 BS Staff Advance 34624.6009091
16015 100 BS Refund 9386.28888889
16103 100 BS Supsend 52731.72
16303 100 BS Remit to -INLE 990982.224921

16303 100 BS Remit to -INLE

17098 100 BS Fix Asset - F&B Equipment 1746.32867134
17102 100 BS Fixed Asset ( HK ) Baby coad 163
17105 100 BS Fix Asset - Building 3411.2
17105 100 BS Fix Asset - Data Processing 7685
18011 200 BS Remit - U Min Din ( YGN ) 1749184
29999 200 BS Retain Earning 273499.170917
60303 1000 PL Transportation - Room Dept
60303 2000 PL Transportation - F&B Dept
50102 4000 PL Bank Charges Admin
60202 4000 PL Data Processing - Admin
60301 4000 PL Phone & Fax-Admin
60303 4000 PL Transportation - Admin
60408 4000 PL Staff Related Exp - Admin
60413 4000 PL Exchange Money
16014 5000 PL Advertising Exp: S & M
50102 5000 PL Staff Related Exp - S&M
60202 5000 PL Data Processing - S&M
60301 5000 PL Phone & Fax-S & M
60303 5000 PL Transportation Chgs - S&M
60303 6000 PL Transportation - Eng Dept

3,635,887.35 3,635,887.36
(0.00)
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)

7,288,571 3,463,621.00 5,399 2,566 55,458 63,780.00

7,507.00 39,655.48
13,186.00 279.00

1,760,350.00 1,304 - 437.00 3,665.73

1,863,400.00 1,380 - 121.00

375.00

19,128,000.00 14,169 - 9,724.00

- -

75,832.00 56.172 -

75,832.00 56.172 -

7,000.00 5.185 -

10,000.00 7.407 -

12,500.00 9.259 -

37,918.00 28.087 -

57,400.00 42.519 -

27,098,000 - 20,072.593 17,000.00

39,500.00 29.259 - 1,966.00
57,400.00 42.519 -

10,000.00 7.407 -

12,500.00 9.259 -

87,500.00 64.815 -

37,918.00 28.087 - 142.00

30,561,621.00 30,561,621.00 22,638.24 22,638.24 84,848.00 84,848.00 43,600.21

- - -
37,916.67 75,832.00
75,832.00
37,918.00
37,918.00
227,500.00
JV -Current (USD) Coso Trail
127,202.59 66,345.65 60,856.95 66865.4304009065

279.00 39,655.48 36,027.92 3,627.56 662.727272727273

279.00 13,186.00 (12,907.00) 468923.534126439

39,655.48 - 3,593,837.23 (3,593,837.23) 731.967900893546

662.73 - 662.73 34624.6009090909
474,330.23 - 474,330.23 9386.28888888889

3,665.73 1,501.30 4,397.70 (2,896.40) - 495.07 52731.72

23,293.13 - 23,293.13 163
5,980.50 - 5,980.50 3411.2
34,624.60 - 34,624.60 7685
9,386.29 375.00 9,011.29 1749184
- 52,731.72 (52,731.72) 2340410.708998 53463.687901
1,014,875.11 - 1,014,875.11

- - -
1,746.33 - 1,746.33
163.00 - 163.00
3,411.20 - 3,411.20
7,685.00 - 7,685.00
1,749,184.00 - 1,749,184.00
273,499.17 - 273,499.17
56.17 - 56.17

56.17 - 56.17

5.19 - 5.19

7.41 - 7.41

9.26 - 9.26

28.09 - 28.09

42.52 - 42.52

17,000.00 20,072.59 (3,072.59) -2286947.0210971600000

1,995.26 - 1,995.26

42.52 - 42.52

7.41 - 7.41

9.26 - 9.26

64.81 - 64.81

170.09 - 170.09

- - -

- - -
43,600.21 3,786,973.81 3,786,973.81 (0.00)
- (0.00)
Account codeDepartmentBS / PL Particular Inle YGN Total
11012 100 BS Cash in Hand 131,102.92 61,376.73 192,479.65
13023 100 BS A/R Guest Ledger -Inle 51,605.64 51,605.64
13023 100 BS AR Collection 3,627.56 3,627.56
13024 100 BS City Ledger ( Agoda ) 22,371.93 22,371.93
13024 100 BS City Ledger ( HO ) 3,593,836.69 (3,593,836.69) -
13027 100 BS New Project Construction 2,270.63 2,270.63
13027 100 BS Construction ( Laundry ) (22,558.14) (22,558.14)
13027 100 BS Construction- pool 3,650.60 662.73 4,313.32
13027 100 BS Construction: Second Phase 21,075.69 21,075.69
13032 100 BS Yangon Purchase (474,330.23) 470,664.50 (3,665.73)
13032 100 BS Current HO Payable - Outstanding -
14011 100 BS Inventory-Beverage Store ( Store ) -
14011 100 BS Inventory-Food Store ( Store ) 6,453.50 6,453.50
14011 100 BS Inventory-Food(Store) -
14012 100 BS Inventory-Beverage(Store) 11,325.94 11,325.94
14013 100 BS Inventory - Cleaning Supplies 2,145.05 2,145.05
14014 100 BS Inventory-Guest Supplies ( Store ) 1,201.45 1,201.45
14014 100 BS Inventory-Printing Supplies ( Store ) 3,807.46 3,807.46
14015 100 BS Inventory - Massage Oil 82.00 82.00
14016 100 BS Inventory - Souvier -
14017 100 BS Inventory-Other Supply ( Store ) 3,561.12 3,561.12
14019 100 BS Inventory Diesel,Petrol ( Generator ) 515.27 515.27
14019 100 BS Inventory-Diesel & Petrol ( Store ) 152.17 152.17
14019 100 BS Inventory-Gas 124.80 124.80
14021 100 BS Inventory - H.K'Guest Supplies 672.23 672.23
14024 100 BS Inventory - Mini Bar ( Bev ) -
14024 100 BS Inventory - Mini Bar ( Food ) -
14122 100 BS Operation Staff Canteen -
14125 100 BS Operation - Food -
14126 100 BS Operation - Beverage ( Bar ) 1,283.75 1,283.75
15012 100 BS Prepaid 93.33 - 93.33
15115 100 BS AR Collection - Deposit (718.20) (6,926.50) (7,644.70)
16014 100 BS Staff Advance - - -
16015 100 BS Refund (7,436.12) 9,011.29 1,575.17
16103 100 BS Supsend (14,868.94) (52,731.72) (67,600.66)
16303 100 BS Remit to -INLE (1,014,875.11) 1,014,875.11 0.00
17098 100 BS F Asset F&B 17,047.75 1,746.33 18,794.08
17100 100 BS F Asset(Eng) 744.44 744.44
17101 100 BS Construction- Floting Stand 26.63 26.63
17101 100 BS F Asset ( Brick Fance ) 12,962.56 12,962.56
17101 100 BS F Asset Land & Building 20,501.21 20,501.21
17102 100 BS Fixed Asset ( HK ) 22,910.08 22,910.08
17102 100 BS Fixed Asset ( Office Equipment ) 21,830.56 21,830.56
17102 100 BS Fixed Asset ( HK ) Baby coad 163.00 163.00
17105 100 BS Construction ( HOD House, Office, Store 76,571.61 3,411.20 79,982.81
17105 100 BS F Asset ( CCTV ) 8,953.63 8,953.63
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00 8,800.00
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40 1,082.40
17105 100 BS Fixed Asset ( Venical ) 37,648.15 37,648.15
17105 100 BS Fix Asset - Building -
17105 100 BS Fix Asset - Data Processing 7,685.00 7,685.00
18011 200 BS Account Payable - Columbus 167,461.54 1,749,184.00 1,916,645.54
18011 200 BS Account Payable - Lease Rental (20,400.00) (20,400.00)
18011 200 BS Account Payable -Commerical Tax (108,781.98) (108,781.98)
18011 200 BS Account Payable -Services Money (5,651.16) (5,651.16)
18011 200 BS Accrued Payable Hotel Trade (6,370.00) (6,370.00)
18011 200 BS Accrued Service Money for Sept'18 -
18011 200 BS Accrued -Audit Fee (175.00) (175.00)
19014 200 BS Account Payable - Office Rental (HO) (16,577.46) (16,577.46)
19014 200 BS Accrued Electricity (1,920.81) (1,920.81)
21102 200 BS Tip for Staff - -
P 200 BS Retain Earning (2,530,725.27) 331,665.91 (2,199,059.36)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 Oct 2018
October'18 April'18 to Sept'18
Amount (USD) Amount (USD)
Revenue 66,059 143,795.53
Room Revenue 35,666.06 69,357.54
Mini Bar Revenue -
Food & Beverage 16,874.99 39,306.32

Other Operation Department -

Phone -
SPA 2,773.91 8,221.74

Other 1,070.48 3,456.59

Transportation 495.87 4,151.74

Laundry 700.87 996.52

Other -Commerical & Services Money 8,476.76 18,305.08

Total Revenue 66,059 143,795.53

Cost of Sale
Room Expenses 6,771 34,207.42
Salary & Wages ( HK ) 2,149.43 16,819.98
Staff Related Expenses 606.80 2,699.92
Cleaning Supplies ( HK ) 136.21 696.86
Guest Supplies 818.38 1,457.16
Printing & Stationery ( FO,HK ) 71.67 130.89
Printing & Stationery ( FO) - 118.39
Operating - Beverage ( FO ) 4.44 8.91
Laundry 2.76 291.01
Linen ( HK ) - 1,560.00
Uniform for Room Dept 19.23 115.38
Internet bill for Room 55.56 673.68
Postage,Telephone,e-mail 15.56 160.68
Transportation & Labour ( HK ) 137.95 567.51
Landscaping ( HK ) 1,362.82 2,681.36
Complimentory Food & Beverage 201.63 1,675.43
Room Commission Fee ( for Oct'18 ) 521.88 3,254.49
Commision Fee - 127.42
Miscellaneous ( HK ) 666.37 590.77
Data Processing HK - 400.00
OS for HK,FO - 177.58

Mini Bar Expenses 180 573.96

Mini Bar Cost 180.31 573.96
 Food & Beverage Expenses 6,251 36,594.63
Food Cost 1,469.62 9,424.31
Beverage Cost 870.00 3,508.96
China, Glass & Sliverware (F&B) - 15.00
Salary & Wages ( F&B ) 2,570.12 18,902.20
Staff Related Expenses 333.74 1,543.76
Cleaning Supply 72.92 95.19
Guest Supply 30.37 107.01
PS for F&B 9.42 35.28
Laundry 2.15 27.46
Uniform for F&B Department 11.55 - 69.28
Postage,Telephone,e-mail 43.33 382.49
Transportation & Labour ( F&B ) 204.32 421.62
Utential GAS Cost 170.67 950.18
Miscellaneous 357.16 1,053.99
OS for F&B 105.78 57.90

Other Operation Department 1,423 8,609.31

Salary & Wages ( Spa ) 407.41 3,709.40
Staff Related Expenses 60.70 1155.08
cleaning Supply 4.44
Guest supply 14.58
Ps for Spa 1.15
OS for Spa 49.07 1.54
Miscellaneous 268.01 90.83
Miscellaneous (SPA) 16.29
Transport Expenses ( MOD ) 101.40 1,284.45
Other Expense ( MOD ) 777.56
Cost of Laundry 39.87 16.67
Salary & Wages ( Ldy ) 195.56 1,244.49
Staff Related Expenses 30.45
Reallocation - SPA 58.46 210.02
Cost Of Souvenier 212.00 82.80

Tax & Services Money 8,477 18,304.13

Other -Commerical Tax 2,825.59 6,981.00
Other -Services Money 5,651.00 11,323.13

Total Cost of Sale 23,102 98,289

Gross Operating Profit 42,957 45,506

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 2,819 17,117.76
Salary & Wages ( S&M ) 644.44 5,692.59
Data Processing - S&M - 85.93
Printing & Stationery ( S&M) - 9.26
Internet bill for (S&M) 62.96 566.67
Transportation - S&M 64.81 145.46
 Advertising 1,995.26 10,412.15
Staff Related Exp - S&M 42.52 174.22
Miscellanous -S&M - -
Phone & Fax-S & M 9.26 31.48

Maintance Expenses 4,204 25,640.69

Salary & Wages ( Eng ) 641.48 6,742.91
Staff Related Expenses 151.70 714.59
Engineering Supplies 768.69 4,988.15
Uniform for M&E 10.75 64.50
Guest supply - 2.91
cleaning Supply - 4.59
Laundry - 1.65
Postage,Telephone,e-mail 35.56 354.38
Motor Vehical Expense - 1,446.33
Maintenance Building 1,859.74 10,625.14
PS for M&E 4.02 13.48
OS for M&E 1.67 10.26
Pool - 211.11
Sky net Life Extension - 46.67
Maintenance -swimming pool 518.52 -
Miscellenous 11.85 347.12
Transportation & Labour ( M&E ) 33.95
Transportation & Labour ( eng ) 199.72 32.96

Admin & General Expenses 8,191.21 67,560.09

Salary & Wages ( Admin ) 5,851.85 41,248.21
Staff Related Exp 791.33 2,485.64
Printing & Stationery ( Admin ) 45.69 202.77
Laundry 6.22 20.53
Data Processing - Admin - 309.93
Uniform for A&G Department 49.28 295.68
Postage,Telephone,e-mail 52.22 418.97
Transportation - Admin 79.20 2,099.60
internet Bill - 111.11
Licences & Tax - 373.46
Man Power Development (Admin) - 222.22
Bank Charges ( Admin ) 11.30 585.62
Exchange A/C (3,073.90) (2,917.45)
Staff Activity 25.00 50.00
OS for HR - 13.32
OS for Finance - 8.19
Staff S S B (Admin) 187.89 1,265.99
OS for Supply 1.07
Present & Donation ( Admin ) 776.67 1,393.63
Rental -Office ( for Oct'18 ) 370.37 2,222.22
Medical Expenses ( Admin ) - 3.89
Miscellenous 31.60 391.41
Utential Diesel 490.67 1,633.78
 EPC Bill for Oct'18 1,920.81 12,678.16
Lease Rental for Oct'18 400.00 2,400.00
PS for Security - 4.33
Audit fee 175.00 -
Guest Supply - 16.78
Entertainment (Admin) - 21.04

Total -Sale & Marketing , M&E and Admin & General Ex 15,214 110,319

Net Operating Profit 27,743.12 (64,812.46)

(27,743.12)
0.00
 Villa Inle Resort & Spa
Balance Sheet as at Nov 30 , 2018
October'18
September'18
USD
(USD)
1.0 ASSETS
F Asset ( Brick Fance ) 12,962.56
Fix Asset - Furniture & Fitting 21,889.08
F Asset ( HK ) 23,073.08
F Asset ( F&B ) 19,090.67
Fix Asset ( Vehical ) 37,648.15
Fix Asset ( Other ) 19,580.47
Fix Asset ( Building ) 79,982.809
Fix Asset ( Data Processing ) 7,685.00
F Asset Land & Building 20,501.21
Construction in Progress 84,546.47

FIXED ASSETS AND INTANGIBLES 326,959.49 -

2.0 CURRENT ASSETS

2.1 Accounts Receivable 28,236.87
2.2 Prepayments 1,074.64
2.3 Advances (Staff) -
2.4 Current Account ( HO ) -
2.5 Other Receivable -
2.6 Inventories at Cost 36,563.30
2.7 Cash in Hand (YGN) 97,453.28
Cash in Hand (Inle) 11,773.92
Cash in Hand (Euro) 1,277.17
2.8 Cash at Bank -KBZ 122,043.63
Cash at Bank -Visa 1,476.84
Cash at Bank -Master Card 76.09
Cash at Bank -CB (POS) 3,385.87
Cash at Bank -CB (I Banking) 156.33

TOTAL CURRENT ASSETS 303,517.93 -

TOTAL ASSETS 630,477.42 -
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,600.66)
4.2 Accounts Payable - Trade (6,659.26)
Accounts Payable - Trade columbus 1,924,197.54
Accounts Payable - Current Ho (7,479.28)
Accounts Payable - Services Money 9,034.59
Accounts Payable - Audit Fee (350.00)
Accounts Payable - Commerical Tax (101,839.03)
Accounts Payable - Land Lease (20,800.00)
Accounts Payable -HO (Office) (16,947.84)
4.3 Accrued Expenses (2,352.67)
4.4 Provisions -
4.5 Deposit Received (7,524.70)
4.6 Other Payable 1,575.00
TOTAL CURRENT LIABILITIES 1,703,253.70 -
NET ASSETS 2,333,731.12 -
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 2,185,269.31
Retained Earnings /(Loss) 52,947.89

SHAREHOLDERS' INTEREST 2,238,217.20 -

95,513.92 -
 Villa Inle Resort & Spa
Balance Sheet as at Oct 31 , 2018
October'18
September'18
USD
(USD)
1.0 ASSETS
F Asset ( Brick Fance ) 12,962.56 12,962.56
Fix Asset - Furniture & Fitting 21,830.56 21,830.56
F Asset ( HK ) 23,073.08 23,073.08
F Asset ( F&B ) 18,794.08 18,536.08
Fix Asset ( Vehical ) 37,648.15 37,648.15
Fix Asset ( Other ) 19,580.47 19,580.47
Fix Asset ( Building ) 79,982.809 79,982.81
Fix Asset ( Data Processing ) 7,685.00 7,685.00
F Asset Land & Building 20,501.21 20,501.21
Construction in Progress 5,128.14 4,075.23

FIXED ASSETS AND INTANGIBLES 247,186.05 245,875.14

2.0 CURRENT ASSETS

2.1 Accounts Receivable 34,735.26 2,167.06
2.2 Prepayments 871.48 1,000.64
2.3 Advances (Staff) - -
2.4 Current Account ( HO ) - -
2.5 Other Receivable - -
2.6 Inventories at Cost 30,005.10 27,194.22
2.7 Cash in Hand (YGN) 60,856.94 66,345.65
Cash in Hand (Inle) 13,770.45 3,622.42
Cash in Hand (Euro) 1,130.43 869.57
2.8 Cash at Bank -KBZ 105,552.01 96460.29
Cash at Bank -Visa 4,589.34 4,589.34
Cash at Bank -Master Card 76.09 76.09
Cash at Bank -CB (POS) 2,520.51 4,437.40
Cash at Bank -CB (I Banking) 3,118.72 9,424.40

TOTAL CURRENT ASSETS 257,226.34 216,187.06

TOTAL ASSETS 504,412.39 462,062.20
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,600.66) (67,600.66)
4.2 Accounts Payable - Trade (6,369.82) (2,802.90)
Accounts Payable - Trade columbus 1,916,645.54 1,916,646.00
Accounts Payable - Current Ho (3,665.73) (2,504.00)
Accounts Payable - Services Money (5,651.16) (1,759.00)
Accounts Payable - Audit Fee (175.00) -
Accounts Payable - Commerical Tax (108,781.98) (110,092.00)
Accounts Payable - Land Lease (20,400.00) (20,000.00)
Accounts Payable -HO (Office) (16,577.46) (16,207.00)
4.3 Accrued Expenses (1,920.81) (1,407.48)
4.4 Provisions -
4.5 Deposit Received (7,644.70) (5,136.00)
4.6 Other Payable 1,575.00 1,950.17
TOTAL CURRENT LIABILITIES 1,679,433.21 1,691,087.13
NET ASSETS 2,183,845.60 2,153,149.34
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 2,156,102.47 2,220,914.93
Retained Earnings /(Loss) 27,743.12 (64,812.46)

SHAREHOLDERS' INTEREST 2,183,845.59 2,156,102.47

0.00 (2,953.13)
 -
-
-
258.00
-
-
-
-
-
1,052.91

77605.14
42,869.88

519.79
5538.45 192479.65
191614.49
96460.29 865.16

7476907.5 2463.78 56.73

7,416,055.00 921.88
(60,852.50)

2593093.5

xx
1575
-
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 30 th November

Opening
Account code Department BS / PL Particular Debit
11012 100 BS A/R Guest Ledger 10152.61
14015 100 BS AR Collection 20607.79
14017 100 BS AR Collection - Deposit
14019 100 BS Cash at Bank -CB (I Banking) 3118.7238962963
14019 100 BS Cash at Bank -CB (POS) 2520.5067437037
14019 100 BS Cash at Bank -KBZ 105552.009
14021 100 BS Cash at Bank -Master Card 76.086956521739
14024 100 BS Cash at Bank -Visa 4589.34
14024 100 BS Cash in Hand (Euro) 1130.4347826087
14122 100 BS Cash in Hand (Inle) 13725.37
14125 100 BS Cash in Hand (YGN) 60856.941
14126 100 BS City Ledger ( Agoda ) 3974.86
15115 100 BS City Ledger ( HO )
16015 100 BS Construction ( HOD House, Office, Store ) 79982.80858641
16103 100 BS Construction ( Laundry )
16303 100 BS Construction- Floting Stand 26.62962962963
17098 100 BS Construction- pool 4313.3245454545
17100 100 BS Construction: Second Phase 21075.69
17101 100 BS Current HO Payable - Outstanding
17101 100 BS F Asset ( Brick Fance ) 12,962.56
17102 100 BS F Asset ( CCTV ) 8,953.63
17102 100 BS F Asset F&B 18794.07865902
17105 100 BS F Asset Land & Building 20,501.21
17105 100 BS F Asset(Eng) 744.44
17105 100 BS Fix Asset - Data Processing 7,685.00
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40
18011 100 BS Fixed Asset ( HK ) 23,073.08
18011 100 BS Fixed Asset ( Office Equipment ) 21,830.56
18011 100 BS Fixed Asset ( Venical ) 37,648.15
19015 100 BS Inventory - H.K'Guest Supplies 672.23
14021 100 BS Inventory - Massage Oil 82.02
50102 100 BS Inventory - Mini Bar ( Bev ) 149.19
60103 100 BS Inventory - Mini Bar ( Food ) 31.73
31011 100 BS Inventory-Cleaning Supply ( Store ) 1,680.20
60204 100 BS Inventory Diesel,Petrol ( Generator ) 515.27
60301 100 BS Inventory -HK' Cleaning Supplies 464.85
60303 100 BS Inventory Operation - Beverage ( Bar ) 1,283.75
60408 100 BS Inventory Operation - Food 3,558.06
60410 100 BS Inventory-Beverage(Store) 11325.94
41011 100 BS Inventory-Diesel & Petrol ( Store ) 152.17
50101 100 BS Inventory-Food Store ( Store ) 2863.66
60204 100 BS Inventory-Gas 124.80
60301 100 BS Inventory-Guest Supplies ( Store ) 1201.45
69999 100 BS Inventory-Other Supply ( Store ) 3561.12
30101 100 BS Inventory-Printing Supplies ( Store ) 3807.46
30102 100 BS New Project Construction- East Size 2270.6292592593
30101 100 BS Operation Staff Canteen
69999 100 BS Prepaid 871.48444333333
50102 100 BS Received from YGN
60107 100 BS Refund 1575
60301 100 BS Supsend
60301 100 BS Yangon purchase
11012 200 BS Account Payable - Columbus 1,916,645.54
11012 200 BS Account Payable - Lease Rental
11012 200 BS Account Payable - Office Rental (HO)
13023 200 BS Account Payable -Commerical Tax
13024 200 BS Account Payable -Services Money
13024 200 BS Accounts Payable - Audit Fee
13027 200 BS Accrued Comersal Tax
13027 200 BS Accrued Electricity
14014 200 BS Accrued Payable Hotel Trade

60202 200 BS Retain Earning

69999 1000 BS Landscaping ( HK )

60410 1000 PL Bank;Charges POS HK )
50101 1000 PL Cleaning Supplies
60103 1000 PL Complimentory Food & Beverage
30102 1000 PL Guest Supplies
18011 1000 PL Internet bill for Room
14013 1000 PL Inventory Diesel,Petrol ( Garden )
14014 1000 PL Landscaping ( HK )
60202 1000 PL Laundry
65013 1000 PL Miscellaneous ( FO)
70102 1000 PL OS for FO
19014 1000 PL OS for HK
13032 1000 PL Postage,Telephone,e-mail
17098 1000 PL Printing & Stationary FO
60103 1000 PL PS for FO
60107 1000 PL PS for HK
60102 1000 PL Room Commission Fee ( for Nov'18 )
60102 1000 PL Room Revenue
69999 1000 PL Salary & Wages ( HK )
14019 1000 PL Staff Related Expenses
14024 1000 PL Transportation & Labour HK
40101 1000 PL Uniform for Room Dept
65012 2000 PL GAS
60418 2000 PL Beverage Cost
69999 2000 PL Beverage Revenue
60303 2000 PL Cleaning Supply
30101 2000 PL Food Cost
30104 2000 PL Food Revenue
60103 2000 PL Guest Supply
60301 2000 PL Internet bill for F&B
64015 2000 PL Laundry
19014 2000 PL Miscellaneous ( F&B )
69999 2000 PL Miscelleneous
219014 2000 PL OS for F&B
60301 2000 PL Other Exp Bank;Charges F&B
14012 2000 PL Postage,Telephone,e-mail
69999 2000 PL Salary & Wages ( F&B )
50102 2000 PL Staff Related Expenses
14021 2000 PL Transportation & Labour F&B
14126 2000 PL Uniform for F&B Department
62011 3200 PL Miscellenous ( Spa )
14021 3200 PL Revenue - SPA
69999 3200 PL Salary & Wages ( Spa )
14024 3200 PL Staff Related Expenses
60301 3300 PL Comersial Tax for Nov'18
60306 3300 PL Cost Of Minibar ( Beverage )
69999 3300 PL Cost Of Minibar ( Food )
65012 3300 PL Cost of Souvinor
30102 3300 PL Other -Commerical & Services Money
60301 3300 PL Other -Commerical & Services Money
69999 3300 PL Other Exp Bank;Charges for POS (MOD)
60403 3300 PL Payable - Service Money for Nov'18
60103 3300 PL Revenue - Others
14013 3300 PL Revenue - Transportation
14125 3300 PL Transport Expenses
14015 3300 PL Transportation(MOD)
50101 3400 PL Cleaning Supply
60301 3400 PL Cost of Laundry
60301 3400 PL Cost of Laundry
60410 3400 PL Guest Supply
60301 3400 PL OS for Spa
69999 3400 PL Revenue - Laundry
69999 3400 PL Salary & Wages ( Ldy )
60103 3400 PL Staff Related Expenses
60408 4000 PL Audit Fees
60413 4000 PL Bank'Charges for Admin
30101 4000 PL Exchange Gain/Loss
31011 4000 PL Exchange Money
18011 4000 PL Internet bill for A&G
18011 4000 PL Laundry
18011 4000 PL Miscellenous ( Admin )
69999 4000 PL OS for Finance
14125 4000 PL Postage,Telephone,e-mail
14014 4000 PL Printing & Stationary (Admin)
61021 4000 PL PS for F&B
60108 4000 PL PS for Finance
14014 4000 PL Rental -Office ( for Nov'18 )
50101 4000 PL Salary & Wages ( Admin )
14122 4000 PL Spoil
69999 4000 PL Staff Activity
14019 4000 PL Staff Related Exp
14122 4000 PL Transportation(Admin)
41011 4000 PL Uniform for A&G Department
60303 5000 PL Advertising ( S&M )
14012 5000 PL Internet bill for S&M
69999 5000 PL Salary & Wages ( S&M )
60303 5000 PL Transportation(S&M)
65013 6000 PL Engineering Supplies
70102 6000 PL Engineering Supplies
60410 6000 PL Guest Supply
14122 6000 PL Internet bill for M&E
18011 6000 PL Maintenance Building
60306 6000 PL Motor Vehical Expense M&E
69999 6000 PL OS for M&E
60301 6000 PL Other Exp Bank;Charges for POS (M&E)
14023 6000 PL Postage,Telephone,e-mail
14122 6000 PL PS for M&E
14023 6000 PL Salary & Wages ( Eng )
14011 6000 PL Staff Related Expenses
14122 6000 PL Transportation Labour & M&E
60204 6000 PL Uniform for M&E
13023 7000 PL EPC Bill for Sep'18
14024 7000 PL Utential Diesel
65012 7000 PL Gas
70102 8000 PL Lease Rental for Nov'18
69999 9000 PL Reallocation - SPA

2,446,614.78
Opening USD JV Coso
Credit Debit Credit Debit Credit Debit
33386.2299995213 104393.09 74191 114,545.70
9034.75 20,607.79
7,644.70 -
156.32982 3118.72 3,275.05
3385.8664178 2520.51 5,906.37
122043.63 105552.01 227,595.64
76.0869565217391 76.09 152.17
1476.84 4589.34 6,066.18
1,277 1130.43 2,407.61
11,774 13725.37 25,499.29
60,856.94
3,974.86
74191 0 74,191.00
79,982.81
22558.13545091 -
1706.14814814815 1,732.78
4,313.32
21,075.69
3665.7326 -
12,962.56
8,953.63
247.781111111111 48.81481481481 19,090.67
20,501.21
744.44
7,685.00
8,800.00
1,082.40
23,073.08
58.51851851852 21,889.08
37,648.15
40.74 472.7667 215.88 1,185.74
68.5185185185185 4.44 59.95 154.98
274.63 214.85 423.82
117.33 68.44 149.06
377.8148148189 570.5 2,058.01
177.78 327.63 693.05
523.4 378.92 988.25
2007.01 747.35 3,290.76
1056.02444444444 6485.783333333 5997.872 11,099.87
80.4444444444444 2987.032592793 2301.2 14,393.42
355.5555555556 247.63 507.73
432.222222222222 1624.9859261 1928.78 4,920.87
236.663333333333 253.26 361.46
40.3333333333333 1963.7777773 513.21 3,205.56
27.334074 93.82740740741 432.84 3,682.28
 2.22222222222222 33.33333333333 136.26 3,843.02
267.777777777778 2,538.41
1032.22222222222 3.33840539256926 555.520000003 1584.41 1,587.74
326.666666666667 123.514814815 1,198.15
0 15152.5 -
1,575.00
67600.66 -
0 10127.797037 -
1,916,645.54
20400 400 -
16,577.46 370.37037037 -
108781.9762969 2425.57481475926 4517.37 2,425.57
5651.158518519 5651 9034.75 14,685.75
175 175 -
0 -
1,920.81 1920.81481481481 2352.66666667 1,920.81
6369.821852 4199.48888888889 4488.92222176 4,199.49

2185269.314898 -

5.259259259259 0 5.26
262.270555555556 0 262.27
239.23 0 239.23
101.481481481481 271.88 373.36
220.32 0 220.32
55.55555555556 0 55.56
17.04 0 17.04
3059.81481481482 3,059.81
148.66 0 148.66
136.296296297037 0 136.30
157.07 0 157.07
52.12 0 52.12
15.55555555556 0 15.56
5.92592592592593 0 5.93
61.97 0 61.97
21.7 0 21.70
592.9177777778 0 592.92
0 60343.63 -
2196.30585185185 0 2,196.31
638.875 0 638.88
132.222222222222 0 132.22
15.07037037037 0 15.07
253.26 0 253.26
498.47 0 498.47
0 6521.69 -
35.25 0 35.25
5481.16 0 5,481.16
0 16764.86 -
62.7 0 62.70
27.77777777778 0 27.78
 44.11 0 44.11
1065.33333333333 0 229.342962963 1,294.68
67.59 0 67.59
140.47 0 140.47
222.796037037037 0 222.80
15.55555555556 0 15.56
2515.18518518519 0 2,515.19
281.105 0 281.11
69.8518518518519 0 69.85
7.291111111111 0 7.29
4.44444444444445 0 4.44
0 5161.74 -
527.837518518519 0 527.84
127.775 0 127.78
4517.37 0 4,517.37
214.85 0 214.85
68.44 0 68.44
12 0 12.00
9034.75 -
0 4517.37 -
125.795081481481 125.80
0 -
0 493.5 -
0 593.37 -
52.81 0 52.81
101.333333333333 101.33
1.48 0 1.48
7.85185185185185 0 7.85
26.79 0 26.79
4.43 0 4.43
9.26 0 9.26
0 962.17 -
195.555555555556 0 195.56
51.11 0 51.11
175 0 175.00
116.244777777778 0 116.24
4468.82587804 -
1 1.08695652173913 1.00
40 27.77777777778 0 67.78
6.05 0 6.05
2.66666666666667 0 107.8955555556 110.56
0.11 0 0.11
7.777777777778 0 7.78
380 0 380.00
11.4 0 11.40
35.41 0 35.41
370.3703703704 0 370.37
5762.62843703704 0 5,762.63
14.67 0 14.67
198.074074074074 0 198.07
 613.41 0 613.41
524.048888888889 0 524.05
43.73703703704 0 43.74
3539.90740740741 0 3,539.91
55.55555555556 0 55.56
644.444444444445 0 644.44
8.76 0 8.76
218.722222222222 0 2.59 221.31
766.5185185185 766.52
0.56 0 0.56
27.77777777778 0 27.78
652.296296296296 0 652.30
112.962962962963 0 112.96
1 0 1.00
95.8175777777778 0 95.82
7.777777777778 0 7.78
5.78 0 5.78
668.721525925926 0 668.72
127.777 0 127.78
76.0348148148148 0 76.03
10.74962962963 0 10.75
2352.666666667 0 2,352.67
327.63 0 327.63
68.74 68.74
400 0 400.00
59.95 0 59.95

2,446,614.78 183,724.45 183,724.45 226,153.46 226,153.45 2,856,492.70

- (0.000000) 0.0100
Coso
Credit Inle
107,577.23 6,968.47
9,034.75 11,573.04
7,644.70 (7,644.70)
3,118.72 156.33
2,520.51 3,385.87
105,552.01 122,043.63
76.09 76.09
4,589.34 1,476.84
1,130.43 1,277.17
13,725.37 11,773.92
- 60,856.94 1003.54136130334
- 3,974.86 2692.35 1,282.51
- 74,191.00 3249.44 70,941.5600000
- 79,982.81 365.43 79,617.38
22,558.14 (22,558.14) 260.09 (22,818.23)
- 1,732.78 108.2 1,624.58
- 4,313.32 969.34 3,343.98 2303300
- 21,075.69 208.97 20,866.72
3,665.73 (3,665.73) 80.67 (3,746.40)
- 12,962.56 5531.46 7,431.10
- 8,953.63 4163.32 4,790.31
- 19,090.67
- 20,501.21
- 744.44
- 7,685.00
- 8,800.00
- 1,082.40
- 23,073.08
- 21,889.08
- 37,648.15
215.88 969.86 969.34 0.52
59.95 95.03 95.06 (0.03)
214.85 208.97 208.968 (0.00)
68.44 80.62 80.67 (0.05)
570.50 1,487.51 1487.51 0.00
327.63 365.42 365.43 (0.01)
378.92 609.33 609.34 (0.01)
747.35 2,543.41 4163.31 (1,619.90)
5,997.87 5,102.00 5102 (0.00)
2,301.20 12,092.22 12092.22 (0.00)
247.63 260.10 260.09 0.01
1,928.78 2,992.09 2992.09 (0.00)
253.26 108.20 108.2 0.00
513.21 2,692.35 2692.35 0.00
432.84 3,249.44 3249.44 0.00
 136.26 3,706.76 3706.76 (0.00)
- 2,538.41 2,538.41
1,587.75 (0.01)
123.51 1,074.64
15,152.50 (15,152.50)
- 1,575.00
67,600.66 (67,600.66)
10,127.80 (10,127.80)
- 1,916,645.54
20,800.00 (20,800.00)
16,947.84 (16,947.84)
113,299.35 (110,873.77)
5,651.16 9,034.59
350.00 (350.00)
- -
4,273.48 (2,352.67)
10,858.74 (6,659.26) 2170.33296311111
-
2,185,269.31 (2,185,269.31)
-
- 5.26
- 262.27
- 239.23
- 373.36
- 220.32
- 55.56
- 17.04
- 3,059.81
- 148.66
- 136.30
- 157.07
- 52.12
- 15.56
- 5.93
- 61.97
- 21.70
- 592.92
60,343.63 (60,343.63)
- 2,196.31
- 638.88
- 132.22
- 15.07
- 253.26
- 498.47
6,521.69 (6,521.69)
- 35.25
- 5,481.16
16,764.86 (16,764.86)
- 62.70
- 27.78
 - 44.11
- 1,294.68
- 67.59
- 140.47
- 222.80
- 15.56
- 2,515.19
- 281.11
- 69.85
- 7.29
- 4.44
5,161.74 (5,161.74)
- 527.84
- 127.78
- 4,517.37
- 214.85
- 68.44
- 12.00
9,034.75 (9,034.75)
4,517.37 (4,517.37)
- 125.80
- -
493.50 (493.50)
593.37 (593.37)
- 52.81
- 101.33
- 1.48
- 7.85
- 26.79
- 4.43
- 9.26
962.17 (962.17)
- 195.56
- 51.11
- 175.00
- 116.24
4,468.83 (4,468.83)
1.09 (0.09)
- 67.78
- 6.05
- 110.56
- 0.11
- 7.78
- 380.00
- 11.40
- 35.41
- 370.37
- 5,762.63
- 14.67
- 198.07
 - 613.41
- 524.05
- 43.74
- 3,539.91
- 55.56
- 644.44
- 8.76
- 221.31
- 766.52
- 0.56
- 27.78
- 652.30
- 112.96
- 1.00
- 95.82
- 7.78
- 5.78
- 668.72
- 127.78
- 76.03
- 10.75
- 2,352.67
- 327.63
- 68.74
- 400.00
- 59.95

2,856,492.69 0.01
0.0
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 30 Nov'18

Opening YGN
11012 100 BS Cash in Hand
13024 100 BS City Ledger

13023 100 BS AR Collection

15115 100 BS AR Collection - Deposit

13032 100 BS Current HO Purchasing

13032 100 BS Current HO Payable - Outstanding

18011 200 BS Remit to U Min Din

60413 4000 PL Exchange Money

16303 100 BS Remit to -INLE

60202 4000 PL Data Processing - Admin

60202 5000 PL Data Processing - S&M

60303 4000 PL Transportation - Admin

60303 1000 PL Transportation HK

60303 2000 PL Transportation - F&B

60303 6000 PL Transportation - M&E

60303 5000 PL Transportation - S&M

50101 4000 PL Staff Related Exp - Admin

50101 5000 PL Staff Related Exp - S&M -

60408 4000 PL Bank Charges

16014 5000 PL Advertising Exp: S & M

60301 4000 PL Phone & Fax-Admin

60301 5000 PL Phone & Fax-S & M

60417 4000 PL Insurance For Car

60403 4000 PL Audit Free

Refund Money
- -
-
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
2353428 7288571 1743.28 5398.94148148 95710 55458
- -

- - 50,026.500 74,191.000

- - 120.000 18,444.000 18,444.000

3,447,250.00 2,553.519 - 95.000 7,479.279

4,644,988.00 3,440.732 - 225.000 -

- - 7,552.000 -

7,740,000 - 5,733.333 5,000.000

- - 15,152.500

10,000.00 7.407 -

10,000.00 7.407 -

107,828.58 79.873 -

107,828.58 79.873 -

53,914.30 39.937 -

53,914.25 39.936 -

53,914.29 39.937 -

29,750.00 22.037 -

41,550.00 30.778 -

- - 20.000

128,000.00 94.815 - 54.000

7,500.00 5.556 -

7,500.00 5.556 -

351,205.00 260.152 -

3,620,000.00 2,681.481 -

- -
15,028,571.00 15,028,571.00 11,132.27 11,132.27 123,928.50 123,928.50 100,114.28
- - -
JV -Current (USD) Coso Trail
97453.28 60,856.94 36,596.34 66865.4304009065
74,191.000 0 74,191.00 (74,191.00)

18,444.000 74191 68,470.50 5,720.50

18564 18,444.00 120.00

- 10127.797037 - 10,127.80

7,479.279 3665.7318519 7,479.28 (3,813.55)

- 7552 - 7,552.00

5000 5,733.33 (733.33)

15152.5 - 15,152.50

7.4074074074 - 7.41

7.4074074074 - 7.41

79.873022222 - 79.87

79.873022222 - 79.87

39.936518519 - 39.94

39.936481481 - 39.94

39.936511111 - 39.94

22.037037037 - 22.04

30.777777778 - 30.78

20 - 20.00

148.81481481 - 148.81

5.5555555556 - 5.56

5.5555555556 - 5.56

260.15185185 - 260.15

2681.4814815 - 2,681.48

0 - -
100,114.28 235,175.05 235,175.05 -
- -
Account codeDepartmentBS / PL Particular Inle YGN Total
11012 100 BS A/R Guest Ledger 6,968.47 6,968.47
13032 100 BS Current HO Purchasing (10,127.80) 10,127.80 -
14015 100 BS AR Collection 11,573.04 5,720.50 17,293.54
14017 100 BS AR Collection - Deposit (7,644.70) 120.00 (7,524.70)
14019 100 BS Cash at Bank -CB (I Banking) 156.33 156.33
14019 100 BS Cash at Bank -CB (POS) 3,385.87 3,385.87
14019 100 BS Cash at Bank -KBZ 122,043.63 122,043.63
14021 100 BS Cash at Bank -Master Card 76.09 76.09
14021 100 BS Inventory - Massage Oil 95.03 95.03
14024 100 BS Cash at Bank -Visa 1,476.84 1,476.84
14024 100 BS Cash in Hand (Euro) 1,277.17 1,277.17
14122 100 BS Cash in Hand (Inle) 11,773.92 11,773.92
14125 100 BS Cash in Hand (YGN) 60,856.94 36,596.34 97,453.28
14126 100 BS City Ledger ( Agoda ) 3,974.86 3,974.86
15115 100 BS City Ledger ( HO ) 74,191.00 (74,191.00) -
16015 100 BS Construction ( HOD House, Office, Store 79,982.81 79,982.81
16103 100 BS Construction ( Laundry ) (22,558.14) (22,558.14)
16303 100 BS Construction- Floting Stand 1,732.78 1,732.78
17098 100 BS Construction- pool 4,313.32 4,313.32
17100 100 BS Construction: Second Phase 21,075.69 21,075.69
17101 100 BS Current HO Payable - Outstanding (3,665.73) (3,813.55) (7,479.28)
17101 100 BS F Asset ( Brick Fance ) 12,962.56 12,962.56
17102 100 BS F Asset ( CCTV ) 8,953.63 8,953.63
17102 100 BS F Asset F&B 19,090.67 19,090.67
17105 100 BS F Asset Land & Building 20,501.21 20,501.21
17105 100 BS F Asset(Eng) 744.44 744.44
17105 100 BS Fix Asset - Data Processing 7,685.00 7,685.00
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00 8,800.00
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40 1,082.40
18011 100 BS Fixed Asset ( HK ) 23,073.08 23,073.08
18011 100 BS Fixed Asset ( Office Equipment ) 21,889.08 21,889.08
18011 100 BS Fixed Asset ( Venical ) 37,648.15 37,648.15
19015 100 BS Inventory - H.K'Guest Supplies 969.86 969.86
30101 100 BS Inventory-Printing Supplies ( Store ) 3,706.76 3,706.76
30101 100 BS Operation Staff Canteen (0.01) (0.01)
30102 100 BS New Project Construction- East Size 2,538.41 2,538.41
31011 100 BS Inventory-Cleaning Supply ( Store ) 1,487.51 1,487.51
41011 100 BS Inventory-Diesel & Petrol ( Store ) 260.10 260.10
50101 100 BS Inventory-Food Store ( Store ) 2,992.09 2,992.09
50102 100 BS Inventory - Mini Bar ( Bev ) 208.97 208.97
50102 100 BS Received from YGN (15,152.50) 15,152.50 -
60103 100 BS Inventory - Mini Bar ( Food ) 80.62 80.62
60107 100 BS Refund 1,575.00 1,575.00
60204 100 BS Inventory Diesel,Petrol ( Generator ) 365.42 365.42
60204 100 BS Inventory-Gas 108.20 108.20
60301 100 BS Inventory -HK' Cleaning Supplies 609.33 609.33
60301 100 BS Inventory-Guest Supplies ( Store ) 2,692.35 2,692.35
60301 100 BS Supsend (67,600.66) (67,600.66)
60303 100 BS Inventory Operation - Beverage ( Bar ) 2,543.41 2,543.41
60408 100 BS Inventory Operation - Food 5,102.00 5,102.00
60410 100 BS Inventory-Beverage(Store) 12,092.22 12,092.22
69999 100 BS Inventory-Other Supply ( Store ) 3,249.44 3,249.44
69999 100 BS Prepaid 1,074.64 1,074.64
11012 200 BS Account Payable - Columbus 1,916,645.54 7,552.00 1,924,197.54
11012 200 BS Account Payable - Lease Rental (20,800.00) (20,800.00)
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 30 Nov 2018

Amount (USD)
Revenue 104,393
Room Revenue 60,343.63
Mini Bar Revenue
Food & Beverage 23,286.55
Other Operation Department
Phone
SPA 5,161.74
Other 493.50
Transportation 593.37
Laundry 962.17
Other -Commerical & Services Money 13,552.12

Total Revenue 104,393

Cost of Sale
Room Expenses 8,487
Salary & Wages ( HK ) 2,196.31
Staff Related Expenses 638.88
Cleaning Supplies ( HK ) 239.23
Guest Supplies 220.32
Printing & Stationery ( FO,HK ) 89.60
Laundry 148.66
Linen ( HK )
Uniform for Room Dept 15.07
Internet bill for Room 55.56
Postage,Telephone,e-mail 15.56
Transportation & Labour ( HK ) 212.10
Landscaping ( HK ) 3,082.11
Complimentory Food & Beverage 373.36
Room Commission Fee ( for Nov'18 ) 592.92
Commision Fee
Miscellaneous ( HK ) 136.30
Data Processing HK
OS for HK,FO 471.46

Mini Bar Expenses 283

Mini Bar Cost 283.29
 Food & Beverage Expenses 11,137
Food Cost 5,481.16
Beverage Cost 498.47
China, Glass & Sliverware (F&B)
Salary & Wages ( F&B ) 2,515.19
Staff Related Expenses 281.11
Cleaning Supply 35.25
Guest Supply 62.70
PS for F&B 11.40
Laundry 44.11
Uniform for F&B Department 7.29 -
Postage,Telephone,e-mail 43.33
Transportation & Labour ( F&B ) 109.79
Utential GAS Cost 322.00
Miscellaneous 1,585.06
OS for F&B 140.47

Other Operation Department 1,308

Salary & Wages ( Spa ) 527.84
Staff Related Expenses 178.89
cleaning Supply 1.48
Guest supply 4.43
Ps for Spa
OS for Spa 9.26
Miscellaneous (SPA) 4.44

Transport Expenses ( MOD ) 154.14

Other Expense ( MOD ) 125.80
Cost of Laundry 34.64
Salary & Wages ( Ldy ) 195.56
Staff Related Expenses
Reallocation - SPA 59.95
Cost Of Souvenier 12.00

Tax & Services Money 13,552

Other -Commerical Tax 4,517.37
Other -Services Money 9,034.75

Total Cost of Sale 34,769

Gross Operating Profit 69,625

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 4,481
Salary & Wages ( S&M ) 644.44
Data Processing - S&M 7.41
Printing & Stationery ( S&M)
Internet bill for (S&M) 55.56
Transportation - S&M 48.70
 Advertising 3,694.28
Staff Related Exp - S&M 30.78
Miscellanous -S&M
Phone & Fax-S & M

Maintance Expenses 2,815

Salary & Wages ( Eng ) 668.72
Staff Related Expenses 127.78
Engineering Supplies 987.83
Uniform for M&E 10.75
Guest supply 0.56
cleaning Supply
Laundry
Postage,Telephone,e-mail 35.56
Motor Vehical Expense 112.96
Maintenance Building 652.30
PS for M&E 5.78
OS for M&E 1.00
Pool
Sky net Life Extension
Maintenance -swimming pool
Miscellenous 95.82
Transportation & Labour ( M&E ) 115.97

Admin & General Expenses 9,380.43

Salary & Wages ( Admin ) 5,762.63
Staff Related Exp 635.45
Printing & Stationery ( Admin ) 35.41
Laundry 6.05
Data Processing - Admin 7.41
Uniform for A&G Department 43.74
Postage,Telephone,e-mail 81.11
Transportation - Admin 603.92
Insurance For Car 260.15
Licences & Tax
Spoil 14.67
Bank Charges ( Admin ) 136.24
Exchange A/C (5,202.25)
Staff Activity 198.07
Audit Fees 2,856.48
OS for Finance 0.11
Staff S S B (Admin)
OS for Supply
Present & Donation ( Admin ) 380.00
Rental -Office ( for Nov'18 ) 370.37
Medical Expenses ( Admin )
Miscellenous 110.56
Utential Diesel 327.63
 EPC Bill for Nov'18 2,352.67
Lease Rental for Nov'18 400.00
PS for Security
Audit fee
Guest Supply
Entertainment (Admin)

Total -Sale & Marketing , M&E and Admin & General Ex 16,677

Net Operating Profit 52,947.89 (22,586.88)

(52,947.89)
0.00
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 st December

Opening
Account codeDepartment BS / PL Particular Debit
11012 100 BS Cash at Bank -CB (I Banking) 156.33
11012 100 BS Cash at Bank -CB (POS) 3,385.87
11012 100 BS Cash at Bank -KBZ 122,043.63
11012 100 BS Cash at Bank -Master Card 76.09
11012 100 BS Cash at Bank -Visa 1,476.84
11012 100 BS Cash in Hand (Euro) 1,277.17
13023 100 BS A/R Guest Ledger 6,968.47
13024 100 BS City Ledger ( HO )
13032 100 BS Yangon purchase
14015 100 BS AR Collection 17,293.54
14017 100 BS AR Collection - Deposit
14122 100 BS Cash in Hand (Inle) 11,773.92
14125 100 BS Cash in Hand (YGN) 97,453.28
14126 100 BS City Ledger ( Agoda ) 3,974.86
16015 100 BS Construction ( HOD House, Office, Store ) 79,982.81
16103 100 BS Construction ( Laundry )
16303 100 BS Construction- Floting Stand 1,732.78
17098 100 BS Construction- pool 4,313.32
17100 100 BS Construction: Second Phase 21,075.69
17101 100 BS Current HO Payable - Outstanding
17101 100 BS F Asset ( Brick Fance ) 12,962.56
17102 100 BS F Asset ( CCTV ) 8,953.63
17102 100 BS F Asset F&B 19,090.67
17105 100 BS F Asset Land & Building 20,501.21
17105 100 BS F Asset(Eng) 744.44
17105 100 BS Fix Asset - Data Processing 7,685.00
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40
18011 100 BS Fixed Asset ( HK ) 23,073.08
18011 100 BS Fixed Asset ( Office Equipment ) 21,889.08
18011 100 BS Fixed Asset ( Venical ) 37,648.15
19015 100 BS Inventory - H.K'Guest Supplies 969.86
14021 100 BS Inventory - Massage Oil 95.03
30101 100 BS Inventory-Printing and Stationary ( Store ) 3,706.76
30101 100 BS Operation Staff Canteen
30102 100 BS New Project Construction- East Size 2,538.41
31011 100 BS Inventory-Cleaning Supply ( Store ) 1,487.51
41011 100 BS Inventory-Diesel & Petrol ( Store ) 260.10
50101 100 BS Inventory-Food Store ( Store ) 2,992.09
50102 100 BS Inventory - Mini Bar ( Bev ) 208.97
50102 100 BS Received from YGN -
60103 100 BS Inventory - Mini Bar ( Food ) 80.62
60107 100 BS Refund 1,575.00
60204 100 BS Inventory Diesel,Petrol ( Generator ) 365.42
60204 100 BS Inventory-Gas 108.20
60301 100 BS Inventory -HK' Cleaning Supplies 609.33
60301 100 BS Inventory-Guest Supplies ( Store ) 2,692.35
60301 100 BS Supsend
60303 100 BS Inventory Operation - Beverage ( Bar ) 2,543.41
60408 100 BS Inventory Operation - Food 5,102.00
60410 100 BS Inventory-Beverage(Store) 12,092.22
69999 100 BS Inventory-Other Supply ( Store ) 3,249.44
69999 100 BS Prepaid 1,074.64
11012 200 BS Account Payable - Columbus 1,924,197.54
11012 200 BS Account Payable - Lease Rental
11012 200 BS Account Payable - Office Rental (HO)
13023 200 BS Account Payable -Commerical Tax
13024 200 BS Accounts Payable - Audit Fee
13024 200 BS Account Payable -Services Money
13027 200 BS Accrued Electricity
14014 200 BS Accrued Payable Hotel Trade
60202 200 BS Retain Earning
69999 1000 BS Landscaping ( HK )
14024 1000 PL Transportation & Labour HK
30101 1000 PL Room Revenue
50102 1000 PL Staff Related Expenses
60102 1000 PL Cleaning Supplies
60103 1000 PL Complimentory ( HK )
60103 1000 PL Guest Supplies
60103 1000 PL Operating - Beverage ( FO )
60107 1000 PL PS for HK
60202 1000 PL Laundry
60204 1000 PL Uniform for Room Dept
60301 1000 PL Internet bill for Room
60301 1000 PL Postage,Telephone,e-mail
60410 1000 PL Bank;Charges POS HK )
60410 1000 PL Complimentory Food & Beverage
60415 1000 PL Pest Control
61021 1000 PL Inventory Diesel,Petrol ( Garden )
62011 1000 PL Room Commission Fee ( for Dec'18 )
65013 1000 PL Miscellaneous ( HK)
69999 1000 PL OS for HK
69999 1000 PL Salary & Wages ( HK )
14021 2000 PL Transportation & Labour F&B
31011 2000 PL Food Revenue
32011 2000 PL Beverage Revenue
41011 2000 PL Food Cost
42011 2000 PL Beverage Cost
50102 2000 PL Staff Related Expenses
60102 2000 PL Cleaning Supply
60103 2000 PL Guest Supply
60202 2000 PL Laundry
60204 2000 PL Uniform for F&B Department
60301 2000 PL Internet bill for F&B
60301 2000 PL Other Exp Bank;Charges F&B
60301 2000 PL Postage,Telephone,e-mail
60415 2000 PL Utential GAS Cost
69999 2000 PL Inventory Diesel,Petrol ( F&B )
69999 2000 PL Miscellaneous
69999 2000 PL Salary & Wages ( F&B )
60107 2000 PL PS for F&B
30101 3200 PL Revenue - SPA
50102 3200 PL Staff Related Expenses
69999 3200 PL Salary & Wages ( Spa )
14015 3300 PL Transportation(MOD)
30102 3300 PL Other -Commerical & Services Money
30102 3300 PL Revenue - Others
30104 3300 PL Revenue - Transportation
40101 3300 PL Cost Of Minibar ( Beverage )
40101 3300 PL Cost Of Minibar ( Food )
64015 3300 PL Comersial Tax for Dec'18
64015 3300 PL Cost of Souvinor
64015 3300 PL Payable - Service Money for Dec'18
69999 3300 PL Other Exp Bank;Charges for POS (MOD)
30101 3400 PL Revenue - Laundry
50102 3400 PL Staff Related Expenses
60102 3400 PL Cleaning Supply
60301 3400 PL Cost of Laundry
69999 3400 PL Guest Supply
69999 3400 PL OS for Spa
69999 3400 PL Salary & Wages ( Ldy )
14014 4000 PL Printing & Stationary (Admin)
14122 4000 PL Transportation(Admin)
18011 4000 PL Miscellenous ( Admin )
30101 4000 PL Exchange Gain/Loss
31011 4000 PL Exchange Money
50102 4000 PL Staff Related Exp
50102 4000 PL Staff Related Expenses
60107 4000 PL PS for Finance
60202 4000 PL Laundry
60204 4000 PL Uniform for A&G Department
60301 4000 PL Internet bill for A&G
60301 4000 PL Postage,Telephone,e-mail
60403 4000 PL Audit Fees
60410 4000 PL Spoil
60413 4000 PL Bank'Charges for Admin
60416 4000 PL Salary Tax
60422 4000 PL Present & Donation(Admin)
63011 4000 PL Rental -Office ( for Dec'18 )
69999 4000 PL Miscellaneous
69999 4000 PL OS for Finance
69999 4000 PL Salary & Wages ( Admin )
69999 4000 PL SSB for Nov'18
60301 5000 PL Internet bill for S&M
60303 5000 PL Advertising
60303 5000 PL Transportation(S&M)
69999 5000 PL Salary & Wages ( S&M )
14122 6000 PL Transportation Labour & M&E
18011 6000 PL Maintenance Building
50102 6000 PL Staff Related Expenses
60204 6000 PL Uniform for M&E
60301 6000 PL Internet bill for M&E
60301 6000 PL Postage,Telephone,e-mail
60306 6000 PL Car License
65013 6000 PL Engineering Supplies
69999 6000 PL OS for M&E
69999 6000 PL PS for M&E
69999 6000 PL Salary & Wages ( Eng )
65012 7000 PL Utential Diesel
65013 7000 PL EPC Bill for Dec'18
70102 8000 PL Lease Rental for Dec'18
80105 9000 PL Reallocation - SPA

2,501,363.69
Opening USD JV Coso
Credit Debit Credit Debit Credit Debit
10747.3 156.33 10,903.63
11632.98 3,385.87 15,018.85
140077.3 122,043.63 262,120.93
76.090 76.09 152.18
942.84 1,476.84 2,419.68
358.690 1,277.17 1,635.86
35657.015653812 115339.08 70937.19 122,307.55
69997.19 0 69,997.19
0 -
17,293.54
7,524.70 -
5,055.800700000 11,773.92 16,829.72
97,453.28
940 4,914.86
79,982.81
22,558.14 -
1,732.78
4,313.32
21,075.69
7,479.28 6486.264222 -
12,962.56
8,953.63
19,090.67
20,501.21
744.44
7,685.00
8,800.00
1,082.40
23,073.08
21,889.08
37,648.15
37.037037037037 319.82 653.4 1,326.71
3.8 44.18 98.83
3.7037037037037 0 147.523333333 144.87 3,857.98
1263 1.1111111111111 765.3770366 2027.27 2,028.38
2,538.41
14.8148148148148 0 512.444444443 184.56 2,014.77
330.37037037 311.48 590.47
474.222222222222 1256.34051848 1713.62 4,722.65
191.48 195.82 400.45
 34438.592592593 -
27.7 60.3 108.32
1,575.00
182.72 365.42
154.67 156.592592593 218.83 419.47
191.262962963 362.08 800.59
88.8888888889 374.06 2,781.24
67,600.66 -
2060.64 352.84 4,604.05
1368.99333333333 5261.62 5252.79 11,732.61
212.555555555556 0 264.074074026 2261.9 12,568.85
170.42962962963 0 297.107407407 517.47 3,716.98
1428.78888888889 111.0533333 2,503.43
1,924,197.54
20,800.00 400 -
16,947.84 370.3703704 -
106,356.40 4085.39259259259 4943.81 4,085.39
350.00 175 -
9,034.75 9035 0 9887 9,035.00
2,352.67 2352.66666666667 2719.333333 2,352.67
6,659.26 4334.24777777778 2774.0740740741 2569.409629 4,334.25
2,233,700.01 -
4461.62962962963 0 140 4,601.63
58.5185185185185 0 58.52
0 65889.14 -
816.64 0 816.64
301.48 0 301.48
188.666666666667 0 188.67
653.4 0 653.40
9.78 0 9.78
3.33333333333333 76.03 0 79.36
2.29 0 2.29
9.04888888889 0 9.05
55.5555555556 0 55.56
15.5555555556 0 15.56
379.094844444444 0 379.09
130.01 0 130.01
338 0 338.00
11.11 0 11.11
748.076296296 0 748.08
25.1851851888889 0 25.19
190.93 0 190.93
3078.91333333333 0 3,078.91
82.2962962962963 0 82.30
0 20071.42 -
 0 5839 -
4907.76 0 4,907.76
352.48 0 352.48
478.72 0 478.72
60.6 0 60.60
65.95 0 65.95
44.12 0 44.12
4.52444444444 0 4.52
27.7777777778 0 27.78
378.200881481481 0 378.20
15.5555555556 0 15.56
218.83 0 218.83
1.78 0 1.78
460.494074074 0 460.49
3389.25925925926 0 3,389.26
23.52 23.52
0 4657.39 -
140.75 0 140.75
562.222222222222 0 562.22
243.888888888889 0 158.59 402.48
0 14831.44 -
0 1631.34 -
0 1842.39 -
195.82 0 195.82
60.3 0 60.30
4943.81 0 4,943.81
109 0 109.00
9887 0 9,887.00
159.317096296296 0 159.32
0 576.96 -
56.31 0 56.31
1.48 0 1.48
2.37037037037037 0 8.86 11.23
2.07 0 2.07
16.96 0 16.96
195.555555555556 0 195.56
3.33333333333333 0 1.85 5.18
203.555555555556 0 203.56
24.5185185185185 0 24.52
4344.15
5466.78260869565 6301.9975845411 5,466.78
215.02 0 215.02
394.1 0 394.10
36.69 0 36.69
5.69 0 5.69
 41.7644444444 0 41.76
27.7777777778 0 27.78
7.77777777778 0 7.78
175 0 175.00
98.93 0 98.93
7.37037037037037 0 7.37
280.864444444444 0 280.86
133.333333333333 0 133.33
370.37037037 0 370.37
57.1637037037 0 57.16
21.21 0 21.21
5837.92592592593 0 5,837.93
187.888888888889 0 187.89
55.5555555556 0 55.56
534 0 534.00
397.817777777778 0 397.82
644.444444444445 0 644.44
174.814814814815 0 174.81
1001.77777777778 0 1,001.78
140.75 0 140.75
9.04888888889 0 9.05
27.7777777778 0 27.78
7.77777777778 0 7.78
111.111111111111 0 111.11
684.555555555556 0 195.703703704 880.26
1.67 0 1.67
4.56 0 4.56
639.703703703704 0 639.70
182.72 0 182.72
2719.33333333 0 2,719.33
400 0 400.00
44.18 0 44.18
-
2,501,363.69 223,706.77 223,706.79 228,796.70 228,796.70 2,953,867.17
(0.000) (0.01) 0.0000
Coso
Credit Inle
156.33 10,747.30 6,968.47
3,385.87 11,632.98 7,644.70
122,043.63 140,077.30 3,385.87
76.09 76.09 76.09
1,476.84 942.84 1,277.17
1,277.17 358.69 60,856.94
106,594.21 15,713.34 15,713.34 0.00
- 69,997.19 74,191.00 15,727.9200000 (54,269.27)
- - 21,075.69
- 17,293.54 12,962.56
7,524.70 (7,524.70) 609.33
11,773.92 5,055.80 15,152.50
- 97,453.28
- 4,914.86
- 79,982.81
22,558.14 (22,558.14)
- 1,732.78
- 4,313.32
- 21,075.69
13,965.54 (13,965.54)
- 12,962.56
- 8,953.63
- 19,090.67
- 20,501.21
- 744.44
- 7,685.00
- 8,800.00
- 1,082.40
- 23,073.08
- 21,889.08
- 37,648.15
653.40 673.31 673.31 0.00
44.18 54.65
144.87 3,713.11 3713.11 0.00
2,028.38 (0.00)
- 2,538.41
184.56 1,830.21 1830.21 0.00
311.48 278.99 278.98 0.01
1,713.62 3,009.03 3009.03 0.00
195.82 204.63 204.62 0.01
 34,438.59 (34,438.59) (34,438.59)
60.30 48.02 48.07 (0.05)
- 1,575.00 1,575.00
182.72 182.70 182.72 (0.02)
218.83 200.64 200.64 (0.00)
362.08 438.51 438.16 0.35
374.06 2,407.18 2407.18 (0.00)
67,600.66 (67,600.66)
352.84 4,251.21 4251.21 -
5,252.79 6,479.82 6479.82 0.0021111111064
2,261.90 10,306.95 10306.95 (0.00) 667305
517.47 3,199.51 3199.51 (0.00)
111.05 2,392.37
- 1,924,197.54
21,200.00 (21,200.00)
17,318.21 (17,318.21)
111,300.21 (107,214.82)
525.00 (525.00)
18,921.75 (9,886.75)
5,072.00 (2,719.33)
12,002.74 (7,668.49) 2,325.01
2,233,700.01 (2,233,700.01)
- 4,601.63
- 58.52
65,889.14 (65,889.14)
- 816.64
- 301.48
- 188.67
- 653.40
- 9.78
- 79.36
- 2.29
- 9.05
- 55.56
- 15.56
- 379.09
- 130.01
- 338.00
- 11.11
- 748.08
- 25.19
- 190.93
- 3,078.91
- 82.30
20,071.42 (20,071.42)
 5,839.00 (5,839.00)
- 4,907.76
- 352.48
- 478.72
- 60.60
- 65.95
- 44.12
- 4.52
- 27.78
- 378.20
- 15.56
- 218.83
- 1.78
- 460.49
- 3,389.26
- 23.52
4,657.39 (4,657.39)
- 140.75
- 562.22
- 402.48
14,831.44 (14,831.44)
1,631.34 (1,631.34)
1,842.39 (1,842.39)
- 195.82
- 60.30
- 4,943.81
- 109.00
- 9,887.00
- 159.32
576.96 (576.96)
- 56.31
- 1.48
- 11.23
- 2.07
- 16.96
- 195.56
- 5.18
- 203.56
- 24.52
4,344.15 (4,344.15)
6,302.00 (835.21)
- 215.02
- 394.10
- 36.69
- 5.69
 - 41.76
- 27.78
- 7.78
- 175.00
- 98.93
- 7.37
- 280.86
- 133.33
- 370.37
- 57.16
- 21.21
- 5,837.93
- 187.89
- 55.56
- 534.00
- 397.82
- 644.44
- 174.81
- 1,001.78
- 140.75
- 9.05
- 27.78
- 7.78
- 111.11
- 880.26
- 1.67
- 4.56
- 639.70
- 182.72
- 2,719.33
- 400.00
- 44.18
- -
2,953,867.18 (0.01)
(0.0)
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 Dec'18

Opening YGN
11012 100 BS Cash In Hand(31.10.2018)

13024 100 BS City Ledger

13023 100 BS AR Collection

15115 100 BS AR Collection - Deposit

13032 100 BS Current HO Purchasing

13032 100 BS Current HO Payable - Outstanding

18011 200 BS Remit to U Min Din

60413 4000 PL Exchange Money

16303 100 BS Remit to -INLE

60303 4000 PL Transportation - Admin

60303 1000 PL Transportation HK

60303 2000 PL Transportation - F&B

60303 6000 PL Transportation - M&E

60303 5000 PL Transportation - S&M

50101 4000 PL Staff Related Exp - Admin

14014 4000 PL Printing & Stationary-Admin

14014 5000 PL Printing & Stationary-S & M

60408 4000 PL Bank Charges

16014 5000 PL Advertising Exp: S & M

- -
-

HK
F&B
Transportation -
Transportation -
Transportation -
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)

2,748,228.00 2,353,428 2,035.724 1,743.280 63,571.000 95,710.000

- -

195,500 - 144.815 50,268.750 69,997.190

- - 18,205.250 18,205.250

1,926,900.00 1,427.333 - 95.000 4,963.931

10,059,200.00 7,451.259 - 28.000

- - 59,924.000 -

39,270,000 - 29,088.889 25,500.000

26,180,000.00 19,392.593 - 15,046.000

46,371.42 34.349 -

92,742.86 68.698 -

92,742.86 68.698 -

46,371.43 34.349 -

46,371.43 34.349 -

24,000.00 17.778 -

10,000.00 7.407 -

10,000.00 7.407 -

7,550.00 5.593 - 20.000

528,450.00 391.444 -

- -
41,818,928.00 41,818,928.00 30,976.98 30,976.98 164,184.00 164,184.00 93,166.37
- - -

46,371.43
92,742.8600
92,742.8600
46,371.4300
46,371.4300
46,371.4200
324,600.0000
JV -Current (USD) Coso Trail

65,606.72 97,453.28 (31,846.56) #REF! #REF!

- - -

88,202.440 69,997.19 138,616.00 (68,618.81)

18,205.25 18,205.25 -

6,486.26 - 6,486.26

4,963.931 7,479.26 4,963.93 2,515.33

- 59,924.00 - 59,924.00

25,500.00 29,088.89 (3,588.89)

34,438.59 - 34,438.59

34.35 - 34.35

68.70 - 68.70

68.70 - 68.70

34.35 - 34.35

34.35 - 34.35

17.78 - 17.78

7.41 - 7.41

7.41 - 7.41

25.59 - 25.59

391.44 - 391.44

- -
93,166.37 288,327.4 288,327.35 (0.00)
- -

22,400.00
Account codeDepartmentBS / PL Particular Inle YGN Total
11012 100 BS Cash at Bank -CB (I Banking) 10,747.30 10,747.30
11012 100 BS Cash at Bank -CB (POS) 11,632.98 11,632.98
11012 100 BS Cash at Bank -KBZ 140,077.30 140,077.30
11012 100 BS Cash at Bank -Master Card 76.09 76.09
11012 100 BS Cash at Bank -Visa 942.84 942.84
11012 100 BS Cash in Hand (Euro) 358.69 358.69
13023 100 BS A/R Guest Ledger 15,713.34 15,713.34
13023 100 BS AR Collection 17,293.54 17,293.54
13024 100 BS City Ledger ( HO ) 69,997.19 (69,997.19) -
13032 100 BS Yangon Purcsase (6,486.26) 6,486.26 -
14015 100 BS AR Collection -
14017 100 BS AR Collection - Deposit (7,524.70) 1,378.38 (6,146.33)
14021 100 BS Inventory - Massage Oil 54.65 54.65
14122 100 BS Cash in Hand (Inle) 5,055.80 5,055.80
14125 100 BS Cash in Hand (YGN) 97,453.28 (31,846.56) 65,606.72
14126 100 BS City Ledger ( Agoda ) 4,914.86 4,914.86
16015 100 BS Construction ( HOD House, Office, S 79,982.81 79,982.81
16103 100 BS Construction ( Laundry ) (22,558.14) (22,558.14)
16303 100 BS Construction- Floting Stand 1,732.78 1,732.78
17098 100 BS Construction- pool 4,313.32 4,313.32
17100 100 BS Construction: Second Phase 21,075.69 21,075.69
17101 100 BS Current HO Payable - Outstanding (7,479.28) 2,515.33 (4,963.95)
17101 100 BS F Asset ( Brick Fance ) 12,962.56 12,962.56
17102 100 BS F Asset ( CCTV ) 8,953.63 8,953.63
17102 100 BS F Asset F&B 19,090.67 19,090.67
17105 100 BS F Asset Land & Building 20,501.21 20,501.21
17105 100 BS F Asset(Eng) 744.44 744.44
17105 100 BS Fix Asset - Data Processing 7,685.00 7,685.00
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00 8,800.00
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40 1,082.40
18011 100 BS Fixed Asset ( HK ) 23,073.08 23,073.08
18011 100 BS Fixed Asset ( Office Equipment ) 21,889.08 21,889.08
18011 100 BS Fixed Asset ( Venical ) 37,648.15 37,648.15
19015 100 BS Inventory - H.K'Guest Supplies 673.31 673.31
30101 100 BS Inventory-Printing and Stationary ( 3,713.11 3,713.11
30101 100 BS Operation Staff Canteen (0.00) (0.00)
30102 100 BS New Project Construction- East Size 2,538.41 2,538.41
31011 100 BS Inventory-Cleaning Supply ( Store ) 1,830.21 1,830.21
41011 100 BS Inventory-Diesel & Petrol ( Store ) 278.99 278.99
50101 100 BS Inventory-Food Store ( Store ) 3,009.03 3,009.03
50102 100 BS Inventory - Mini Bar ( Bev ) 204.63 204.63
50102 100 BS Received from YGN (34,438.59) 34,438.59 -
 Villa Inle Resort & Spa
Balance Sheet as at Dec 31 , 2018
October'18
September'18
USD
(USD)
1.0 ASSETS
F Asset ( Brick Fance ) 12,962.56
Fix Asset - Furniture & Fitting 21,889.08
F Asset ( HK ) 23,073.08
F Asset ( F&B ) 19,090.67
Fix Asset ( Vehical ) 37,648.15
Fix Asset ( Other ) 19,580.47
Fix Asset ( Building )
Fix Asset ( Data Processing ) 7,685.00
F Asset Land & Building 20,501.21
Construction in Progress 84,546.47

FIXED ASSETS AND INTANGIBLES 246,976.69 -

2.0 CURRENT ASSETS

2.1 Accounts Receivable 37,921.74
2.2 Prepayments 2,392.37
2.3 Advances (Staff) -
2.4 Current Account ( HO ) -
2.5 Other Receivable -
2.6 Inventories at Cost 42,209.25
2.7 Cash in Hand (YGN) 65,606.72
Cash in Hand (Inle) 5,055.80
Cash in Hand (Euro) 358.69
2.8 Cash at Bank -KBZ 140,077.30
Cash at Bank -Visa 942.84
Cash at Bank -Master Card 76.09
Cash at Bank -CB (POS) 11,632.98
Cash at Bank -CB (I Banking) 10,747.30

TOTAL CURRENT ASSETS 317,021.09 -

TOTAL ASSETS 563,997.77 -
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,600.66)
4.2 Accounts Payable - Trade (7,668.49)
Accounts Payable - Trade columbus 1,984,121.54
Accounts Payable - Current Ho (4,963.95)
Accounts Payable - Services Money (9,886.75)
Accounts Payable - Audit Fee (525.00)
Accounts Payable - Commerical Tax (107,214.82)
Accounts Payable - Land Lease (21,200.00)
Accounts Payable -HO (Office) (17,318.21)
4.3 Accrued Expenses (2,719.33)
4.4 Provisions -
4.5 Deposit Received (6,146.33)
4.6 Other Payable 1,575.00
TOTAL CURRENT LIABILITIES 1,740,453.00 -
NET ASSETS 2,304,450.77 -
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 2,233,700.01
Retained Earnings /(Loss) 68,358.40

SHAREHOLDERS' INTEREST 2,302,058.41 -

2,392.37 -
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 Dec 2018

Amount (USD)
Revenue 115,339
Room Revenue 65,889.14
Mini Bar Revenue
Food & Beverage 25,910.42
Other Operation Department
Phone
SPA 4,657.39
Other 1,631.34
Transportation 1,842.39
Laundry 576.96
Other -Commerical & Services Money 14,831.44

Total Revenue 115,339

Cost of Sale
Room Expenses 11,761.95
Salary & Wages ( HK ) 3,078.91
Staff Related Expenses 816.64
Cleaning Supplies ( HK ) 301.48
Guest Supplies 653.40
Printing & Stationery ( FO,HK ) 79.36
Laundry 2.29
Linen ( HK )
Uniform for Room Dept 9.05
Internet bill for Room 55.56
Postage,Telephone,e-mail 15.56
Transportation & Labour ( HK ) 127.22
Landscaping ( HK ) 4,612.74
Complimentory Food & Beverage 328.46
Room Commission Fee ( for Nov'18 ) 748.08
Commision Fee
Miscellaneous ( HK ) 404.28
Pest Control 338.00
OS for HK 190.93

Mini Bar Expenses 256

Mini Bar Cost 256.12
 Food & Beverage Expenses 10,580.57
Food Cost 4,907.76
Beverage Cost 352.48
China, Glass & Sliverware (F&B)
Salary & Wages ( F&B ) 3,389.26
Staff Related Expenses 478.72
Cleaning Supply 60.60
Guest Supply 65.95
PS for F&B 23.52
Laundry 44.12
Uniform for F&B Department 4.52 -
Postage,Telephone,e-mail 43.33
Transportation & Labour ( F&B ) 150.99
Utential GAS Cost 218.83
Miscellaneous 840.47
OS for F&B

Other Operation Department 1,702

Salary & Wages ( Spa ) 562.22
Staff Related Expenses 140.75
cleaning Supply 1.48
Guest supply 2.07
Ps for Spa
OS for Spa 16.96
Miscellaneous (SPA)

Transport Expenses ( MOD ) 402.48

Other Expense ( MOD ) 159.32
Cost of Laundry 11.23
Salary & Wages ( Ldy ) 195.56
Staff Related Expenses 56.31
Reallocation - SPA 44.18
Cost Of Souvenier 109.00

Tax & Services Money 14,831

Other -Commerical Tax 4,943.81
Other -Services Money 9,887.00

Total Cost of Sale 39,131

Gross Operating Profit 76,208

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 2,065
Salary & Wages ( S&M ) 644.44
Data Processing - S&M
Printing & Stationery ( S&M) 7.41
Internet bill for (S&M) 55.56
Transportation - S&M 432.17
 Advertising 925.44
Staff Related Exp - S&M
Miscellanous -S&M
Phone & Fax-S & M

Maintance Expenses 3,033.60

Salary & Wages ( Eng ) 639.70
Staff Related Expenses 140.75
Engineering Supplies 880.26
Uniform for M&E 9.05
Guest supply
cleaning Supply
Laundry
Postage,Telephone,e-mail 35.56
Motor Vehical Expense 111.11
Maintenance Building 1,001.78
PS for M&E 4.56
OS for M&E 1.67
Pool
Sky net Life Extension
Maintenance -swimming pool
Miscellenous
Transportation & Labour ( M&E ) 209.16

Admin & General Expenses 2,751.07

Salary & Wages ( Admin ) 5,837.93
Staff Related Exp 626.90
Printing & Stationery ( Admin ) 49.28
Laundry 5.69
Data Processing - Admin
Uniform for A&G Department 41.76
Postage,Telephone,e-mail 35.56
Transportation - Admin 237.90
Insurance For Car
Salary Tax 280.86
Spoil 98.93
Bank Charges ( Admin ) 32.96
Exchange A/C (8,768.25)
Staff Activity
Audit Fees 175.00
OS for Finance 21.21
Staff S S B (Admin) 187.89
OS for Supply
Present & Donation ( Admin ) 133.33
Rental -Office ( for Dec'18 ) 370.37
Medical Expenses ( Admin )
Miscellenous 81.68
Utential Diesel 182.72
 EPC Bill for Nov'18 2,719.33
Lease Rental for Dec'18 400.00
PS for Security
Audit fee
Guest Supply
Entertainment (Admin)

Total -Sale & Marketing , M&E and Admin & General Ex 7,850

Net Operating Profit 68,358.40

(67,937.27)
421.13
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 st January

Opening
Account codeDepartment BS / PL Particular Debit
11012 100 BS Cash at Bank -CB (I Banking) 10,747.30
11012 100 BS Cash at Bank -CB (POS) 11,632.98
11012 100 BS Cash at Bank -KBZ 140,077.30
11012 100 BS Cash at Bank -Master Card 76.09
11012 100 BS Cash at Bank -Visa 942.84
11012 100 BS Cash in Hand (Euro) 358.69
11012 100 BS Cash in Hand (Inle) 5,055.80
11012 100 BS Cash in Hand (YGN) 97,453.28
13023 100 BS A/R Guest Ledger 15,713.34
13024 100 BS City Ledger ( HO )
13032 100 BS Yangon purchase
14015 100 BS AR Collection 17,293.54
14017 100 BS AR Collection - Deposit
14021 100 BS Inventory - Massage Oil 54.65
14126 100 BS City Ledger ( Agoda ) 4,914.86
16015 100 BS Construction ( HOD House, Office, Store ) 79,982.81
16103 100 BS Construction ( Laundry )
16303 100 BS Construction- Floting Stand 1,732.78
17098 100 BS Construction- pool 4,313.32
17100 100 BS Construction: Second Phase 21,075.69
17101 100 BS Current HO Payable - Outstanding
17101 100 BS F Asset ( Brick Fance ) 12,962.56
17102 100 BS F Asset ( CCTV ) 8,953.63
17102 100 BS F Asset F&B 19,090.67
17105 100 BS F Asset Land & Building 20,501.21
17105 100 BS F Asset(Eng) 744.44
17105 100 BS Fix Asset - Data Processing 7,685.00
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40
18011 100 BS Fixed Asset ( HK ) 23,073.08
18011 100 BS Fixed Asset ( Office Equipment ) 21,889.08
18011 100 BS Fixed Asset ( Venical ) 37,648.15
19015 100 BS Inventory - H.K'Guest Supplies 673.31
30101 100 BS Inventory-Printing and Stationary ( Store ) 3,713.11
30101 100 BS Operatin Canteen Food
30102 100 BS New Project Construction- East Size 2,538.41
31011 100 BS Inventory-Cleaning Supply ( Store ) 1,830.21
41011 100 BS Inventory-Diesel & Petrol ( Store ) 278.99
50101 100 BS Inventory-Food Store ( Store ) 3,009.03
50102 100 BS Inventory - Mini Bar ( Bev ) 204.63
50102 100 BS Received from YGN
60103 100 BS Inventory - Mini Bar ( Food ) 48.02
60107 100 BS Refund 1,575.00
60204 100 BS Inventory Diesel,Petrol ( Generator ) 182.70
60204 100 BS Inventory-Gas 200.64
60301 100 BS Inventory -HK' Cleaning Supplies 438.51
60301 100 BS Inventory-Guest Supplies ( Store ) 2,407.18
60301 100 BS Supsend
60303 100 BS Inventory Operation - Beverage ( Bar ) 4,251.21
60408 100 BS Inventory Operation - Food 6,479.82
60410 100 BS Inventory-Beverage(Store) 10,306.95
69999 100 BS Inventory-Other Supply ( Store ) 3,199.51
69999 100 BS Prepaid 2,392.37
11012 200 BS Account Payable - Columbus 1,924,197.54
11012 200 BS Account Payable - Lease Rental
11012 200 BS Account Payable - Office Rental (HO)
13023 200 BS Account Payable -Commerical Tax
13024 200 BS Accounts Payable - Audit Fee
13024 200 BS Account Payable -Services Money
13027 200 BS Accrued Electricity
14014 200 BS Accrued Payable Hotel Trade
60202 200 BS Retain Earning
14021 1000 PL Transportation & Labour HK

30101 1000 PL Room Revenue

50102 1000 PL Staff Related Expenses
60102 1000 PL Cleaning Supplies
60103 1000 PL PS for FO
60103 1000 PL Guest Supplies
60107 1000 PL Printing & Stationary FO

60202 1000 PL Laundry

60301 1000 PL Internet bill for Room
60410 1000 PL Complimentory Food & BeverageHK
60415 1000 PL Pest Control

61021 1000 PL Inventory Diesel,Petrol ( Garden )

62011 1000 PL Room Commission Fee ( for Jan'19 )
69999 1000 PL Salary & Wages ( HK )
69999 1000 PL Landscaping ( HK )
69999 1000 PL Bank;Charges POS HK )
69999 1000 PL Miscellaneous ( HK)

69999 1000 PL OS for HK

14021 2000 PL Transportation & Labour F&B

31011 2000 PL Food Revenue

32011 2000 PL Beverage Revenue
41011 2000 PL Food Cost
42011 2000 PL Beverage Cost
50102 2000 PL Staff Related Expenses
60102 2000 PL Cleaning Supply
60103 2000 PL Guest Supply
60107 2000 PL PS for F&B
60202 2000 PL Laundry
60301 2000 PL Bank;Charges F&B

60301 2000 PL Internet bill for F&B

60415 2000 PL Utilities (Gas)
69999 2000 PL Salary & Wages ( F&B )
69999 2000 PL Miscellaneous ( F&B )

30101 3200 PL Revenue - SPA

50102 3200 PL Staff Related Expenses
69999 3200 PL Salary & Wages ( Spa )
14015 3300 PL Transportation(MOD)
30102 3300 PL Revenue Other
30102 3300 PL Intrest from Bank

30102 3300 PL Other -Commerical & Services Money

30104 3300 PL Revenue Transportation

40101 3300 PL Cost Of Minibar ( Food )

40101 3300 PL Cost Of Minibar ( Beverage )
64015 3300 PL Cost of Souvinor
64015 3300 PL Payable - Service Money for Jan'19
64015 3300 PL Comersial Tax for Dec'18
69999 3300 PL Bank;Charges for POS (MOD)
69999 3300 PL Miscellaneous ( MOD)
30101 3400 PL Revenue Laundry

40101 3400 PL Cost of Laundry

50102 3400 PL Staff Related Expenses
60102 3400 PL Cleaning Supply
60301 3400 PL Cost of Laundry
69999 3400 PL Salary & Wages ( Ldy )

69999 3400 PL Guest Supply

69999 3400 PL OS for Spa
14122 4000 PL Transportation(Admin)

50102 4000 PL Staff Related Expenses

60107 4000 PL Printing & Stationary (Admin)

60107 4000 PL PS for Finance

60202 4000 PL Laundry
60204 4000 PL Uniform for A&G Department
60301 4000 PL Internet bill for A&G
60403 4000 PL Audit Fees
60416 4000 PL Salary Tax
60422 4000 PL Present & Donation(Admin)

63011 4000 PL Rental -Office ( for Jan'19 )

69999 4000 PL Salary & Wages ( Admin )

69999 4000 PL Staff Activity

69999 4000 PL SSB for Jan'19

69999 4000 PL Miscellaneous

30101 4000 PL Exchange Gain/Loss
69999 4000 PL OS for Finance
69999 4000 PL Spoil
14122 5000 PL Transportation(S&M)

50102 5000 PL Staff Related Expenses

60301 5000 PL Internet bill for S&M
69999 5000 PL Salary & Wages ( S&M )

69999 5000 PL OS for S&M Ph bill

5000 PL Advertising S&M
50102 6000 PL Staff Related Expenses
60103 6000 PL Guest Supply M&E
60301 6000 PL Internet bill for M&E
60306 6000 PL Motor Vehicle Expense M&E
65013 6000 PL Engineering Supplies
69999 6000 PL Salary & Wages ( Eng )

69999 6000 PL PS for M&E

69999 6000 PL OS for M&E
65012 7000 PL Utential Diesel
65013 7000 PL Accrued Electricity for Jan'19

70102 8000 PL Lease Rental for Jan'19

80105 9000 PL Reallocation - SPA

2,541,782.63
Opening USD JV Coso
Credit Debit Credit Debit Credit Debit
5061.10908 10,747.30 15,808.41
5835.4931 11,632.98 17,468.47
159596.409 140,077.30 299,673.71
76.090 76.09 152.18
5,942.84 942.84 6,885.68
1,771.740 358.69 2,130.43
7,885.345900 5,055.80 12,941.15
97,453.28
45600.317164807 124175.56 78996.45 139,888.90
78996.45 78,996.45
0 7777.728889 -
17,293.54
7,524.70 -
110.37037037037 40.24 165.02
4,914.86
79,982.81
22,558.14 -
1,732.78
4,313.32
21,075.69
4,963.95 -
12,962.56
8,953.63
19,090.67
20,501.21
744.44
7,685.00
8,800.00
1,082.40
23,073.08
21,889.08
37,648.15
48.1481481481481 642.19 613.28 1,363.65
61.1833333333333 148.48 3,774.30
1438.93333333333 2.2222222222222 619.5803704 2056.29 2,058.51
2,538.41
42.2222222222222 561.333333244 471.22 2,433.77
281.481481481 508.37 560.47
369.259259259259 1797.9298515 1784.05 5,176.22
284 262.6 488.63
 34,438.59 21145 -
61.94 88 109.96
1,575.00
151.85 33.46 334.55
179.407407407 250.41 380.04
407.37 383.31 845.88
521.11 657.65 2,928.29
67,600.66 -
2514.51 3029.43 6,765.72
1846.07555555556 0 6340.95814815 8816.66 14,666.86
205.333333333333 1774.9085185 3002.43 12,287.19
69.3703703703704 299.488148126 378.53 3,568.37
3356.2962962963 991.03888 5,748.67
1,924,197.54
21,200.00 400 -
17,318.21 370.3703704 -
107,214.82 4431.157037 4737.06 4,431.16
525.00 175 -
9,886.75 9887 10688 9,887.00
2,719.33 2719.33333333333 3167.481481 2,719.33
7,668.49 5343.48070362963 4560.184074 5,343.48
2,238,163.99 -
18.962962962963 0 18.96
0 71044.98 -

580.99 0 580.99
176.43 0 176.43
67.7 0 67.70
613.98 0 613.98
15.9259259259259 0 20.5 36.43
154.17 0 154.17
55.5555555556 0 55.56
306.37037037037 0 432.17 738.54
243 0 243.00
311.26 0 311.26
922.71 0 922.71
3305.4098 0 3,305.41
4863.62962962963 0 922.962962963 5,786.59
633.013533333333 0 633.01
72.9259259255556 0 68 140.93
49.89 0 49.89
58.5925925925926 58.59
0 20821.7 -
0 9003.25 -
 8,153.10 0 8,153.10
3002.43056296 0 3,002.43

481.08 0 481.08
53.26 0 53.26
47.78 0 47.78
10.22 10.22
34.49 0 34.49
481.23777037037 481.24
27.7777777778 0 27.78
0 250.41 250.41
3339.79694074074 3,339.80
0 429.260740741 429.26
0 4206.96 -

160.36 0 160.36
600 0 600.00
203.333333333333 0 51.93 255.26
0 1267.13 -
0 3.0325925925926 -
0 16031.53 -
0 1047.4 -
88 0 88.00
262.6 0 262.60
80 0 80.00
10688 0 10,688.00
4737.06 0 4,737.06
168.136214814815 0 168.14
185.185185185185 0 185.19
0 752.61 -
12.18 0 12.18

64.14 0 64.14
1.41 0 1.41
9.77777777777778 0 9.78
192.68817037037 0 192.69
0.75 0 0.75
11.11 0 11.11
87.1851851851852 0 87.19

750.5 0 750.50
0.88888888888889 0 0.89
47.69 0 47.69
6.04 0 6.04
25.9259259259 0 25.93
 27.7777777778 0 27.78
175 0 175.00
2246.91555555556 0 2,246.92
222.222222222222 0 222.22
370.37037037 0 370.37
6053.66785925926 0 6,053.67
22.962962962963 0 22.96
181.777777777778 0 181.78
172.59037037 0 172.59
5563.33 -
28.28 28.28
89.01 89.01
0 0 -

64.14 0 64.14
55.5555555556 0 55.56
422.222222222222 0 422.22
14.15 14.15
42.15 42.15

192.43 0 192.43
0.27 0 0.27
27.7777777778 0 27.78
38.1481481481481 0 38.15
149.742592592593 0 195.407407407 345.15
983.990444444445 0 983.99
2.37 0 2.37
0.93 0 0.93
33.46 0 33.46
0 3167.48148148 3,167.48
400 0 400.00
40.24 0 40.24
-
2,541,782.63 241,204.90 241,204.90 258,563.28 258,563.28 3,041,550.81
- (0.00) (0.0022)
Coso
Credit Inle
10,747.30 5,061.11 10747.3
11,632.98 5,835.49 11632.98
140,077.30 159,596.41 140077.3
76.09 76.09 76.09
942.84 5,942.84 942.84
358.69 1,771.74 358.69
5,055.80 7,885.35 0
- 97,453.28
124,596.77 15,292.14 15292.14 (0.00)
- 78,996.45
7,777.73 (7,777.73)
- 17,293.54
7,524.70 (7,524.70)
40.24 124.78 2303775.79734061
- 4,914.86
- 79,982.81
22,558.14 (22,558.14)
- 1,732.78
- 4,313.32
- 21,075.69
4,963.95 (4,963.95)
- 12,962.56
- 8,953.63
- 19,090.67
- 20,501.21
- 744.44
- 7,685.00
- 8,800.00
- 1,082.40
- 23,073.08
- 21,889.08
- 37,648.15
613.28 750.37 750.37 0.00
148.48 3,625.82 3625.82 (0.00)
2,058.51 0.00 0.00
- 2,538.41 2,538.41
471.22 1,962.55 1962.55 (0.00)
508.37 52.10 52.09 0.01
1,784.05 3,392.17 3392.17 (0.00000)
262.60 226.03 226.03 (0.00)
 55,583.59 (55,583.59) (55,583.59)
88.00 21.96 22 (0.04)
- 1,575.00 1,575.00
33.46 301.09 301.11 (0.02)
250.41 129.63 129.63 0.00
383.31 462.57 462.21 0.36
657.65 2,270.64 2270.65 (0.01)
67,600.66 (67,600.66) (67,600.66)
3,029.43 3,736.29 3736.29 -
8,816.66 5,850.20 5850 0.20
3,002.43 9,284.76 9284.76 (0.00) -670.223667
378.53 3,189.84 3189.84 (0.00)
991.04 4,757.63 4,757.63
- 1,924,197.54 1,924,197.54
21,600.00 (21,600.00) (21,600.00)
17,688.58 (17,688.58) (17,688.58)
111,951.88 (107,520.72) (107,520.72)
700.00 (700.00) (700.00)
20,574.75 (10,687.75) (10,687.75)
5,886.81 (3,167.48) (3,167.48)
12,228.68 (6,885.19) (6,885.19)
2,238,163.99 (2,238,163.99) (2,238,163.99)
- 18.96 18.96
71,044.98 (71,044.98) (71,044.98)

- 580.99 580.99
- 176.43 176.43
- 67.70 67.70
- 613.98 613.98
- 36.43 36.43
- 154.17 154.17
- 55.56 55.56
- 738.54 738.54
- 243.00 243.00
- 311.26
- 922.71
- 3,305.41
- 5,786.59
- 633.01
- 140.93
- 49.89
- 58.59
20,821.70 (20,821.70)
9,003.25 (9,003.25)
 - 8,153.10
- 3,002.43

- 481.08
- 53.26
- 47.78
- 10.22
- 34.49
- 481.24
- 27.78
- 250.41
- 3,339.80
- 429.26
4,206.96 (4,206.96)

- 160.36
- 600.00
- 255.26
1,267.13 (1,267.13)
3.03 (3.03)
16,031.53 (16,031.53)
1,047.40 (1,047.40)
- 88.00
- 262.60
- 80.00
- 10,688.00
- 4,737.06
- 168.14 19500
- 185.19
752.61 (752.61)
- 12.18

- 64.14
- 1.41
- 9.78
- 192.69
- 0.75
- 11.11
- 87.19

- 750.50
- 0.89
- 47.69
- 6.04
- 25.93
 - 27.78
- 175.00
- 2,246.92
- 222.22
- 370.37
- 6,053.67
- 22.96
- 181.78
- 172.59
5,563.33 (5,563.33)
- 28.28
- 89.01
- -

- 64.14
- 55.56
- 422.22
- 14.15

- 192.43
- 0.27
- 27.78
- 38.15
- 345.15
- 983.99
- 2.37
- 0.93
- 33.46
- 3,167.48
- 400.00
- 40.24
- -
3,041,550.82 (42.15)
(0.0)

30
111000
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 Dec'18

Opening YGN
11012 100 BS Cash In Hand 31846.555556

13023 100 BS AR Collection 1378.375185 69997.190000

13024 100 BS City Ledger

13032 100 BS Current HO Purchasing 6486.264222

13032 100 BS Current HO Payable - Outstanding 4963.950896

15115 100 BS AR Collection - Deposit 0.000000

16303 100 BS Remit to -INLE 34438.592593

16303 100 BS Remit to -INLE

18011 200 BS Remit to U Min Din 59924.000000

60202 200 BS Retain Earning

60303 1000 PL Transportation HK

60303 2000 PL Transportation - F&B

50101 4000 PL Transportation - Admin

50101 4000 PL Transportation - Admin(Freight )
50101 4000 PL Staff Related Exp - Admin
60202 4000 PL Data Processing - Admin
60303 4000 PL Transportation - Admin

60403 4000 PL Audit Free

60408 4000 PL Bank Charges
60408 4000 PL Phone & Fax-Admin
60413 4000 PL Exchange Money
16014 5000 PL Advertising Exp: S & M
50101 5000 PL Transportation Chgs - S&M
60202 5000 PL Data Processing - S&M
60303 5000 PL Staff Related Exp - S&M
60303 5000 PL Transportation - S&M

60303 6000 PL Transportation - M&E

102,227.23 106,807.70
(4,580.46)

HK
F&B
Transportation -
Transportation -
Transportation -
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)

3,267,672.00 2,748,228 2,420.498 2,035.724 62,232.000 63,571.000

- - 67,496.250 78,996.450

- -

2,492,850.00 1,846.556 - 88.000 5,843.173

6,605,456.00 4,892.930 - 71.000

- - 128.000 23,554.000 23,554.000

- -

- - 21,145.0

- - 63,937.250

- -

105,372.00 78.053 -

105,372.00 78.053 -

- -

- -

31,000.00 22.963 -

10,000.00 7.407 -

52,685.00 39.026 -

266,250.00 197.222 -

115,750.00 85.741 - 20.000

- -

10,584,000 - 7,840.000 7,000.0

153,250.00 113.519 -

- -

10,000.00 7.407 -

11,200.00 8.296 -

52,686.00 39.027 -

52,685.00 39.026 -

- -
13,332,228.00 13,332,228.00 9,875.72 9,875.72 154,621.25 154,621.25 108,393.62
- - -

368,800.00 52,685.71
105,371.4200 105,372.00
105,371.4200 105,372.00
 52,685.7100 52,685.00
52,685.7100 52,686.00
52,685.7100 52,685.00
368,799.9700 368,800.0000
-
JV -Current (USD) Coso Trail

64,652.50 97,453.28 (32,800.78)

23,554.000 80,374.83 161,047.44 (80,672.61)

78,996.450 - 78,996.45 (78,996.45)

14,263.99 - 14,263.99

5,843.173 4,963.93 10,807.12 (5,843.19)

23,682.00 23,554.00 128.00

34,438.59 - 34,438.59

21,145.00 - 21,145.00

123,861.25 - 123,861.25

- - -

78.05 - 78.05

78.05 - 78.05

- - -

- - -

22.96 - 22.96

7.41 - 7.41

39.03 - 39.03

197.22 - 197.22

105.74 - 105.74

- - -

7,000.00 7,840.00 (840.00)

113.52 - 113.52

- - -

7.41 - 7.41

8.30 - 8.30

39.03 - 39.03

39.03 - 39.03

- - -

- - -
108,393.62 375,117.83 379,698.29 (4,580.46)
- (4,580.46)
Account codeDepartmentBS / PL Particular Inle YGN Total
11012 100 BS Cash at Bank -CB (I Banking) 5,061.11 5061.10908
11012 100 BS Cash at Bank -CB (POS) 5,835.49 5835.4931
11012 100 BS Cash at Bank -KBZ 159,596.41 159596.409
11012 100 BS Cash at Bank -Master Card 76.09 76.09
11012 100 BS Cash at Bank -Visa 5,942.84 5942.84
11012 100 BS Cash in Hand (Euro) 1,771.74 1771.74
11012 100 BS Cash in Hand (Inle) 7,885.35 7885.3456
11012 100 BS Cash in Hand (YGN) 97,453.28 -32800.7822222 64652.497296
13023 100 BS A/R Guest Ledger 15,292.14 15292.137182
13024 100 BS City Ledger ( HO ) 78,996.45 -78996.45 0
13032 100 BS Yangon purchase (7,777.73) 21743.268517 13965.539628
13032 100 BS Current HO Purchasing 0
13032 100 BS Current HO Payable - Outstanding 0
14015 100 BS AR Collection 17,293.54 17293.54
14017 100 BS AR Collection - Deposit (7,524.70) -80544.6148148 -88069.31815
14021 100 BS Inventory - Massage Oil 124.78 124.77888889
14126 100 BS City Ledger ( Agoda ) 4,914.86 4914.86
16015 100 BS Construction ( HOD House, Office, S 79,982.81 79982.808586
16103 100 BS Construction ( Laundry ) (22,558.14) -22558.13545
16303 100 BS Construction- Floting Stand 1,732.78 1732.7777778
17098 100 BS Construction- pool 4,313.32 4313.3245455
17100 100 BS Construction: Second Phase 21,075.69 21075.69
17101 100 BS Current HO Payable - Outstanding (4,963.95) -5843.19 -10807.1409
17101 100 BS F Asset ( Brick Fance ) 12,962.56 12962.555556
17102 100 BS F Asset ( CCTV ) 8,953.63 8953.6296296
17102 100 BS F Asset F&B 19,090.67 19090.674585
17105 100 BS F Asset Land & Building 20,501.21 20501.209394
17105 100 BS F Asset(Eng) 744.44 744.44444444
17105 100 BS Fix Asset - Data Processing 7,685.00 7685
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00 8800
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40 1082.4
18011 100 BS Fixed Asset ( HK ) 23,073.08 23073.075768
18011 100 BS Fixed Asset ( Office Equipment ) 21,889.08 21889.083021
18011 100 BS Fixed Asset ( Venical ) 37,648.15 37648.147407
 Villa Inle Resort & Spa
Balance Sheet as at Jan 31 , 2019
October'18
September'18
USD
(USD)
1.0 ASSETS
F Asset ( Brick Fance ) 12,962.56
Fix Asset - Furniture & Fitting 21,889.08
F Asset ( HK ) 23,073.08
F Asset ( F&B ) 19,090.67
Fix Asset ( Vehical ) 37,648.15
Fix Asset ( Other ) 21,374.44
Fix Asset ( Building ) 744.444
Fix Asset ( Data Processing ) 7,685.00
F Asset Land & Building 20,501.21
Construction in Progress 84,546.47

FIXED ASSETS AND INTANGIBLES 249,515.09 -

2.0 CURRENT ASSETS

2.1 Accounts Receivable 37,500.54
2.2 Prepayments 4,757.63
2.3 Advances (Staff) -
2.4 Current Account ( HO )
2.5 Other Receivable -
2.6 Inventories at Cost 35,380.79
2.7 Cash in Hand (YGN) 64,652.50
Cash in Hand (Inle) 7,885.35
Cash in Hand (Euro) 1,771.74
2.8 Cash at Bank -KBZ 159,596.41
Cash at Bank -Visa 5,942.84
Cash at Bank -Master Card 76.09
Cash at Bank -CB (POS) 5,835.49
Cash at Bank -CB (I Banking) 5,061.11

TOTAL CURRENT ASSETS 328,460.48 -

TOTAL ASSETS 577,975.57 -
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,600.66)
4.2 Accounts Payable - Trade (6,885.19)
Accounts Payable - Trade columbus 2,048,058.79
Accounts Payable - Current Ho (10,807.14)
Accounts Payable - Services Money (10,687.75)
Accounts Payable - Audit Fee (700.00)
Accounts Payable - Commerical Tax (107,520.72)
Accounts Payable - Land Lease (21,600.00)
Accounts Payable -HO (Office) (17,688.58)
4.3 Accrued Expenses (3,167.48)
4.4 Provisions -
4.5 Deposit Received (88,069.32)
4.6 Other Payable 1,575.00
TOTAL CURRENT LIABILITIES 1,714,906.95 -
NET ASSETS 2,292,882.52 -
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 2,241,062.81
Retained Earnings /(Loss) 65,785.21

SHAREHOLDERS' INTEREST 2,306,848.02 -

(13,965.50) -
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 Jan 2019

Amount (USD)
Revenue 124,179
Room Revenue 71,044.98
Mini Bar Revenue
Food & Beverage 29,824.95
Other Operation Department
Phone
SPA 4,206.96
Other 1,270.16
Transportation 1,047.40
Laundry 752.61
Other -Commerical & Services Money 16,031.53

Total Revenue 124,179

Cost of Sale
Room Expenses 13,913.61
Salary & Wages ( HK ) 3,305.41
Staff Related Expenses 580.99
Cleaning Supplies ( HK ) 176.43
Guest Supplies 613.98
Printing & Stationery ( FO,HK ) 104.13
Laundry 154.17
Linen ( HK )
Uniform for Room Dept
Internet bill for Room 55.56
Postage,Telephone,e-mail
Transportation & Labour ( HK ) 97.02
Landscaping ( HK ) 6,097.85
Complimentory Food & Beverage 738.54
Room Commission Fee ( for Jan'18 ) 922.71
Commision Fee
Miscellaneous ( HK ) 773.94
Pest Control 243.00
OS for HK 49.89

Mini Bar Expenses 351

Mini Bar Cost 350.60
 Food & Beverage Expenses 16,447.49
Food Cost 8,153.10
Beverage Cost 3,002.43
China, Glass & Sliverware (F&B)
Salary & Wages ( F&B ) 3,339.80
Staff Related Expenses 481.08
Cleaning Supply 53.26
Guest Supply 47.78
PS for F&B 10.22
Laundry 34.49
Uniform for F&B Department -
Postage,Telephone,e-mail 27.78
Transportation & Labour ( F&B ) 136.65
Utential GAS Cost 250.41
Miscellaneous 910.50
OS for F&B

Other Operation Department 1,781

Salary & Wages ( Spa ) 600.00
Staff Related Expenses 160.36
cleaning Supply 1.41
Guest supply 0.75
Ps for Spa
OS for Spa 11.11
Miscellaneous (SPA)

Transport Expenses ( MOD ) 255.26

Other Expense ( MOD ) 353.32
Cost of Laundry 21.96
Salary & Wages ( Ldy ) 192.69
Staff Related Expenses 64.14
Reallocation - SPA 40.24
Cost Of Souvenier 80.00

Tax & Services Money 15,425

Other -Commerical Tax 4,737.06
Other -Services Money 10,688.00

Total Cost of Sale 47,918

Gross Operating Profit 76,261

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 766
Salary & Wages ( S&M ) 422.22
Data Processing - S&M 7.41
Printing & Stationery ( S&M)
Internet bill for (S&M) 55.56
Transportation - S&M 39.03
 Advertising 155.67
Staff Related Exp - S&M 72.44
Miscellanous -S&M
Phone & Fax-S & M 14.15

Maintance Expenses 1,630.09

Salary & Wages ( Eng ) 983.99
Staff Related Expenses 192.43
Engineering Supplies 345.15
Uniform for M&E
Guest supply 0.27
cleaning Supply
Laundry
Postage,Telephone,e-mail 27.78
Motor Vehical Expense 38.15
Maintenance Building
PS for M&E 2.37
OS for M&E 0.93
Pool
Sky net Life Extension
Maintenance -swimming pool
Miscellenous
Transportation & Labour ( M&E ) 39.03

Admin & General Expenses 8,078.78

Salary & Wages ( Admin ) 6,053.67
Staff Related Exp 773.46
Printing & Stationery ( Admin ) 48.58
Laundry 6.04
Data Processing - Admin 7.41
Uniform for A&G Department 25.93
Postage,Telephone,e-mail 27.78
Transportation - Admin 126.21
Insurance For Car
Salary Tax 2,246.92
Spoil 89.01
Bank Charges ( Admin ) 105.74
Exchange A/C (6,403.33)
Staff Activity 22.96
Audit Fees 372.22
OS for Finance
Staff S S B (Admin) 181.78
OS for Supply 28.28
Present & Donation ( Admin ) 222.22
Rental -Office ( for Jan'19 ) 370.37
Medical Expenses ( Admin )
Miscellenous 172.59
Utential Diesel 33.46
 EPC Bill for Jan'19 3,167.48
Lease Rental for Jan'19 400.00
PS for Security
Audit fee
Guest Supply
Entertainment (Admin)

Total -Sale & Marketing , M&E and Admin & General Ex 10,475

Net Operating Profit 65,785.26

(65,785.26)
(0.00)
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 28 th Feb'19

Opening
Account codeDepartment BS / PL Particular Debit
11012 100 BS Cash at Bank -CB (I Banking) 5061.10908
11012 100 BS Cash at Bank -CB (POS) 5835.4931
11012 100 BS Cash at Bank -KBZ 159596.409
11012 100 BS Cash at Bank -Master Card 76.09
11012 100 BS Cash at Bank -Visa 5942.84
11012 100 BS Cash in Hand (Euro) 1771.74
11012 100 BS Cash in Hand (Inle) 7885.3456
11012 100 BS Cash in Hand (YGN) 64652.4972963
13023 100 BS A/R Guest Ledger 15292.1371819
13023 100 BS A/R Guest Ledger(Agoda)
13023 100 BS City Ledger ( HO )(Agoda)
13023 100 BS A/R Guest Ledger
13023 100 BS A/R Guest Ledger
13023 100 BS A/R Guest Ledger(Agoda)
13024 100 BS City Ledger ( HO )
13024 100 BS City Ledger ( HO )(Agoda)
13032 100 BS Yangon purchase 8122.34962811
14015 100 BS AR Collection 17293.54
14017 100 BS AR Collection - Deposit
14021 100 BS Inventory - Massage Oil 124.778888889
14021 100 BS Inventory of Spa
14021 100 BS Inventory - H.K'Guest Supplies
14021 100 BS Inventory - H.K'Guest Supplies
14125 100 BS Operation - Food
14125 100 BS Operation Food
14125 100 BS Operation - Food
14125 100 BS Operation - Food
14126 100 BS City Ledger ( Agoda ) 4914.86
14126 100 BS Operating - Beverage ( Bar )
14126 100 BS Operation - Beverage ( Bar )
16015 100 BS Construction ( HOD House, Office, Store ) 79982.8085864
16103 100 BS Construction ( Laundry )
16303 100 BS Construction- Floting Stand 1732.77777778
17098 100 BS Construction- pool 4313.32454545
17100 100 BS Construction: Second Phase 21075.69
17101 100 BS Current HO Payable - Outstanding
17101 100 BS F Asset ( Brick Fance ) 12962.5555556
17102 100 BS F Asset ( CCTV ) 8953.62962963
17102 100 BS F Asset F&B 19090.6745849
17105 100 BS F Asset Land & Building 20501.2093939
17105 100 BS F Asset(Eng) 744.444444444
17105 100 BS Fix Asset - Data Processing 7685
17105 100 BS Fixed Asset - Fire Fighting Set 8800
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.4
18011 100 BS Fixed Asset ( HK ) 23073.0757678
18011 100 BS Fixed Asset ( Office Equipment ) 21889.0830208
18011 100 BS Fixed Asset ( Venical ) 37648.1474074
19015 100 BS Inventory - H.K'Guest Supplies 750.371885185
30101 100 BS Inventory-Printing and Stationary ( Store ) 3625.81592593
30101 100 BS Operatin Canteen Food
30102 100 BS New Project Construction- East Size 2538.40703704
31011 100 BS Inventory-Cleaning Supply ( Store ) 1962.54962954
41011 100 BS Inventory-Diesel & Petrol ( Store ) 52.0974074074
50101 100 BS Inventory-Food Store ( Store ) 3392.16999979
50102 100 BS Inventory - Mini Bar ( Bev ) 226.027
50102 100 BS Received from YGN
60103 100 BS Inventory - Mini Bar ( Food ) 21.96
60107 100 BS Refund 1575
60204 100 BS Inventory Diesel,Petrol ( Generator ) 301.09
60204 100 BS Inventory-Gas 129.633333333
60301 100 BS Inventory -HK' Cleaning Supplies 462.572962963
60301 100 BS Inventory-Guest Supplies ( Store ) 2270.63999952
60301 100 BS Supsend
60303 100 BS Inventory Operation - Beverage ( Bar ) 3736.29
60408 100 BS Inventory Operation - Food 5850.19581481
60410 100 BS Inventory-Beverage(Store) 9284.75851865
69999 100 BS Inventory-Other Supply ( Store ) 3189.83703694
69999 100 BS Prepaid 4757.62926704
11012 200 BS Account Payable - Columbus 2048058.78846
11012 200 BS Account Payable - Lease Rental
11012 200 BS Account Payable - Office Rental (HO)
13023 200 BS Account Payable -Commerical Tax
13024 200 BS Accounts Payable - Audit Fee
13024 200 BS Account Payable -Services Money
13027 200 BS Accrued Electricity
14014 200 BS Accrued Payable Hotel Trade
60202 200 BS Retain Earning
14021 1000 PL Transportation & Labour HK
14021 1000 PL Guest Supply
30101 1000 PL Room Revenue
50102 1000 PL Staff Related Expenses
60102 1000 PL Cleaning Supplies
60103 1000 PL PS for FO
60103 1000 PL Operating - Beverage ( FO )
60103 1000 PL Guest Supplies
60107 1000 PL Printing & Stationary FO
60107 1000 PL PS for HK
60202 1000 PL Laundry
60301 1000 PL Internet bill for Room
60410 1000 PL Complemantry Food & Beverage for HK
60415 1000 PL Pest Control
62011 1000 PL Commession Fees forBooking .com ( HK )
62011 1000 PL Room Commission Fee ( for Feb19 )
69999 1000 PL Salary & Wages ( HK )
69999 1000 PL Miscellaneous FO
69999 1000 PL Landscaping ( HK )
69999 1000 PL Bank'Charges for HK
69999 1000 PL Miscellaneous ( HK)
69999 1000 PL OS for HK
69999 1000 PL OS for FO
14021 2000 PL Transportation & Labour F&B
31011 2000 PL Food Revenue
32011 2000 PL Beverage Revenue
41011 2000 PL Food Cost
50102 2000 PL Staff Related Expenses
60102 2000 PL Cleaning Supply
60103 2000 PL Guest Supply
60202 2000 PL Laundry
60301 2000 PL Bank;Charges F&B
60301 2000 PL Internet bill for F&B
60415 2000 PL Utilities (Gas)
69999 2000 PL Salary & Wages ( F&B )
69999 2000 PL Miscellaneous ( F&B )
42011 2000 Beverage Cost
30101 3200 PL Revenue Spa
50102 3200 PL Staff Related Expenses
69999 3200 PL Salary & Wages ( Spa )
14015 3300 PL Transportation(MOD)
30102 3300 PL Revenue - Others
30102 3300 PL Other -Commerical & Services Money
30104 3300 PL Revenue - Transportation
40101 3300 PL Cost Of Minibar ( Food )
40101 3300 PL Cost Of Minibar ( Beverage )
64015 3300 PL Cost of Souvinor
64015 3300 PL Payable - Service Money for Feb'19
64015 3300 PL Comersial Tax for Feb'19
69999 3300 PL Miscellaneous ( MOD)
30101 3400 PL Revenue - Laundry
40101 3400 PL Cost of Laundry
50102 3400 PL Staff Related Expenses
69999 3400 PL Salary & Wages ( Ldy )
69999 3400 PL PS for Spa
69999 3400 PL Guest Supply
69999 3400 PL OS for Spa
14122 4000 PL Transportation(Admin)
14122 4000 PL PS for Security
50102 4000 PL Staff Related Exp
60107 4000 PL PS for Finance
60107 4000 PL PS for F&B
60202 4000 PL Laundry
60301 4000 PL Internet bill for A&G
60403 4000 PL Audit Fees
60413 4000 PL Exchange Money
60416 4000 PL Salary Tax
60422 4000 PL Present & Donation(Admin)
63011 4000 PL Rental -Office ( for Feb'19 )
69999 4000 PL Salary & Wages ( Admin )
69999 4000 PL Staff Activity
69999 4000 PL SSB for Feb'19
69999 4000 PL Miscellaneous ( Admin)
69999 4000 PL OS for Finance
69999 4000 PL Spoil
16014 5000 PL Advertising S&M
50102 5000 PL Staff Related Expenses
60301 5000 PL Internet bill for S&M
60407 5000 PL Advertising
69999 5000 PL Salary & Wages ( S&M )
69999 5000 PL OS for S&M Ph bill
50102 6000 PL Staff Related Expenses
60301 6000 PL Internet bill for M&E
60303 6000 PL Transportation Labour & M&E
65013 6000 PL Engineering Supplies
69999 6000 PL Salary & Wages ( Eng )
69999 6000 PL Miscellaneous ( M&E)
69999 6000 PL PS for M&E
69999 6000 PL OS for M&E
65012 7000 PL Utential Diesel
65013 7000 PL EPC Bill for Feb'19
70102 8000 PL Lease Rental for Feb'19
80105 9000 PL Reallocation - SPA
2,658,289.84
Opening USD JV Coso
Credit Debit Credit Debit Credit Debit
7328.43925925926 5061.10908 12,389.55
2595.71555555556 5835.4931 8,431.21
196593.67 159596.409 356,190.08
76.090 76.09 152.18
4,420.10 5942.84 10,362.94
2,059.782609 1771.74 3,831.52
15,319.369259 7885.3456 23,204.71
64,652.50
42393.34585977 139194.42 105656.34 154,486.56
-
-
0 -
-
0 226 -
105656.34 0 105,656.34
226 0 226.00
10012.69407 8,122.35
17,293.54
88069.3181481 -
75.5 124.78
97.8518518518519 0 97.85
522.88 0 522.88
0 608.31 -
0 447 -
5208.00518519 0 5,208.01
1704.76 0 1,704.76
0 8057.29 -
22558.1354509 4,914.86
3331.34 0 3,331.34
0 3334 -
79,982.81
22558.1354509 -
1,732.78
4,313.32
21,075.69
4963.9508963 -
12,962.56
8,953.63
19,090.67
20,501.21
 744.44
7,685.00
8,800.00
1,082.40
23,073.08
21,889.08
37,648.15
44.4444444444444 794.82
45.1851851851852 114.814814815 171.34 3,785.82
1238.51851851852 5.5555555555556 362.247037037 1595.22 1,600.77
812.962962962963 3,351.37
1,962.55
52.10
111.111111111111 1374.40740719 1942.39 4,877.69
222.41 242.6 448.44
0 45329.28 -
82.3 67.63 104.26
1,575.00
614.822222222 524.67 915.91
154.666666667 227.63 284.30
486.37 320.85 948.94
159.259259259 552.65 2,429.90
67600.66 -
3,736.29
1560.45333333333 7,410.65
391.037037037037 4739.71222178 4105.3 14,415.51
39.5925925925926 516.992592586 444.12 3,746.42
42.15259259 4,757.63
2,048,058.79
21600 400 -
17688.5760114 370.3703704 -
107520.721853 4737.0555555 6000.99 4,737.06
700 175 -
10,687.75 10688 12003 10,688.00
3167.48148148 3167.48148148148 2639.481481 3,167.48
6885.19448011 3637.47407407407 4838.001111 3,637.47
2284289.92248 -
30.4444444444444 0 30.44
1.33 0 1.33
0 77489.02 -
538.72 0 538.72
103.51 0 103.51
85.02 0 85.02
0 -
608.31 0 608.31
23.2592592592593 0 23.26
31.45 0 31.45
187.25 0 187.25
55.5555555556 55.56
195.296296296296 0 154.12 349.42
243 0 243.00
922.71 0 922.71
605 605.00
2952.08666666667 0 2,952.09
47.4074074074074 0 47.41
2250.14814814815 0 82.96 2,333.11
469.560637037037 0 469.56
784.740740740741 0 2.07407407407 786.81
156.21 0 156.21
30.18 0 30.18
94.6666666666667 94.67
0 26196.47 -
0 10345.58 -
8057.29 0 8,057.29
414.4 0 414.40
56.3 0 56.30
54.11 54.11
14.58 0 14.58
394.170518518518 0 394.17
27.7777777778 0 27.78
149.333333333333 0 227.63 376.96
3271.4562962963 0 3,271.46
1045.92592592593 0 418.377037037 1,464.30
3334 0 3,334.00
0 4230.43 -
103.55 0 103.55
592.831111111111 0 592.83
169.62962962963 0 118.73555555 288.37
0 1189.08 -
0 18002.97 -
0 1083.48 -
67.63 0 67.63
242.6 0 242.60
53 0 53.00
12003 0 12,003.00
6000.99 0 6,000.99
506.316074122222 0 506.32
0 657.39 -
6.40740740740741 9.93 16.34
41.42 0 41.42
 192.688888888889 0 192.69
0.82 0.82
8.01 0 8.01
11.11 0 11.11
715.35037037037 0 715.35
2.77 0 2.77
627.94 0 627.94
31.63 0 31.63
16.13 0 16.13
5.58 0 5.58
27.7777777778 0 27.78
175 0 175.00
2 2.1739130434783 2.00
280.864444444444 0 280.86
179.37037037037 0 179.37
370.37037037 0 370.37
5838.47037037037 0 5,838.47
67 0 67.00
181.777777777778 0 181.78
7.40740740740741 0 77.702962963 85.11
0.91 0 0.91
33.07 0 33.07
42.1525925926 0 42.15
41.44 0 41.44
55.5555555556 0 55.56
600 0 600.00
644.444444444445 0 644.44
14.15 0 14.15
124.32 0 124.32
27.7777777778 0 27.78
35.4074074074074 0 35.41
207.62962962963 0 667.703703704 875.33
1012.37777777778 0 1,012.38
239.777777777778 0 239.78
3.52 0 3.52
9.84 0 9.84
225.93 0 225.93
2639.48148148 0 2,639.48
400 0 400.00
75.5 0 75.50
2,658,289.85 279,318.29 273,899.38 304,274.95 304,274.95 3,241,883.09
(0.00) 5,418.90995 (0.00)
Coso
Credit Inle
5,061.11 7,328.44
5,835.49 2,595.72
159,596.41 196,593.67
76.09 76.09
5,942.84 4,420.10
1,771.74 2,059.78
7,885.35 15,319.37
- 64,652.50
148,049.69 6,436.87 6436.87 0.00
- -
- -
- -
- -
226.00 (226.00)
- 105,656.34
- 226.00
10,012.69 (1,890.34)
- 17,293.54
88,069.32 (88,069.32)
75.50 49.28
- 97.85
- 522.88
608.31 (608.31)
447.00 (447.00)
- 5,208.01
- 1,704.76
8,057.29 (8,057.29)
22,558.14 (17,643.28)
- 3,331.34
3,334.00 (3,334.00)
- 79,982.81
22,558.14 (22,558.14)
- 1,732.78
- 4,313.32
- 21,075.69
4,963.95 (4,963.95)
- 12,962.56
- 8,953.63
- 19,090.67
- 20,501.21
 - 744.44
- 7,685.00
- 8,800.00
- 1,082.40
- 23,073.08
- 21,889.08
- 37,648.15
- 794.82
171.34 3,614.48
1,600.78 (0.01)
- 3,351.37
- 1,962.55
- 52.10
1,942.39 2,935.30
242.60 205.84
45,329.28 (45,329.28)
67.63 36.63
- 1,575.00
524.67 391.24
227.63 56.67
320.85 628.09
552.65 1,877.25
67,600.66 (67,600.66)
- 3,736.29
- 7,410.65
4,105.30 10,310.21
444.12 3,302.30
42.15 4,715.48
- 2,048,058.79
22,000.00 (22,000.00)
18,058.95 (18,058.95)
113,521.71 (108,784.66)
875.00 (875.00)
22,690.75 (12,002.75)
5,806.96 (2,639.48)
11,723.20 (8,085.72)
2,284,289.92 (2,284,289.92)
- 30.44
- 1.33
77,489.02 (77,489.02)
- 538.72
- 103.51
- 85.02
- -
- 608.31
 - 23.26
- 31.45
- 187.25
- 55.56
- 349.42
- 243.00
- 922.71
- 605.00
- 2,952.09
- 47.41
- 2,333.11
- 469.56
- 786.81
- 156.21
- 30.18
- 94.67
26,196.47 (26,196.47)
10,345.58 (10,345.58)
- 8,057.29
- 414.40
- 56.30
- 54.11
- 14.58
- 394.17
- 27.78
- 376.96
- 3,271.46
- 1,464.30
- 3,334.00
4,230.43 (4,230.43)
- 103.55
- 592.83
- 288.37
1,189.08 (1,189.08)
18,002.97 (18,002.97)
1,083.48 (1,083.48)
- 67.63
- 242.60
- 53.00
- 12,003.00
- 6,000.99
- 506.32
657.39 (657.39)
- 16.34
- 41.42
 - 192.69
- 0.82
- 8.01
- 11.11
- 715.35
- 2.77
- 627.94
- 31.63
- 16.13
- 5.58
- 27.78
- 175.00
2.17 (0.17)
- 280.86
- 179.37
- 370.37
- 5,838.47
- 67.00
- 181.78
- 85.11
- 0.91
- 33.07
- 42.15
- 41.44
- 55.56
- 600.00
- 644.44
- 14.15
- 124.32
- 27.78
- 35.41
- 875.33
- 1,012.38
- 239.78
- 3.52
- 9.84
- 225.93
- 2,639.48
- 400.00
- 75.50
3,236,464.18 5,418.91
5,418.91
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 28 Feb'19

Opening YGN
11012 100 BS Cash In Hand
13024 100 BS City Ledger
13023 100 BS AR Collection
15115 100 BS AR Collection - Deposit
13032 100 BS Current HO Purchasing
13032 100 BS Current HO Payable - Outstanding
60413 4000 PL Exchange Money
16303 100 BS Remit to -INLE
60202 4000 PL Data Processing - Admin
60303 5000 PL Data Processing - S&M
50101 4000 PL Transportation - Admin
60303 5000 PL Transportation - S&M

60303 6000 PL Transportation - M&E

60303 1000 PL Transportation HK

60303 2000 PL Transportation - F&B

60303 4000 PL Staff Related Exp - Admin

60408 4000 PL Bank Charges
60303 5000 PL Advertising Exp: S & M
- -
-

HK
F&B
Transportation -
Transportation -
Transportation -
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
2,121.954 2,420.498 65,069.000 62,232.000

- -

- - 52,218.780 105,656.340

- - 3,655.500 3,655.500

2,368.296 - 135.000 2,503.296

5,290.173 - 553.000 -

- 7,855.556 7,000.000

- - 45,329.280

7.407 -

7.407 -

38.450 -

38.450

38.450

76.880

76.880

21.333 -

- 20.000

190.370 -
- - 10,276.05 10,276.05 118,106.28 118,106.28 111,815.14
- (0.00) -

269.11 38.44
76.8800 105,372.00
76.8800 105,372.00
38.4500 52,685.00
38.4500 52,686.00
38.4500 52,685.00
269.1100 368,800.0000
368,530.89
JV -Current (USD) Coso Trail

67,190.95 64,652.50 2,538.46 2538.456296

105,656.340 - 105,656.34 (105,656.34) 105656.340000

3,655.500 105,656.34 55,874.28 49,782.06 49782.060000

3,655.50 3,655.50 - 0.000000

- 5,006.59 - 5,006.59 5006.592593

2,503.296 5,843.17 2,503.30 3,339.88 3339.877037

7,000.00 7,855.56 (855.56) 855.555556

45,329.28 - 45,329.28 45329.280000

7.41 - 7.41 7.407407

7.41 - 7.41 7.407407

38.45 - 38.45 38.450000

38.45 - 38.45 38.450000

38.45 - 38.45 38.450000

76.88 - 76.88 76.880000

76.88 - 76.88 76.880000

21.33 - 21.33 21.333333

20.00 - 20.00 20.000000

190.37 - 190.37 190.370370

111,815.14 240,197.47 240,197.47 (0.00) 106511.894444 106511.895556
- (0.00) -0.001111
Account codeDepartmentBS / PL Particular Inle YGN Total
11012 100 BS Cash at Bank -CB (I Banking) 7,328.44 7328.4392593
11012 100 BS Cash at Bank -CB (POS) 2,595.72 2595.7155556
11012 100 BS Cash at Bank -KBZ 196,593.67 196593.67
11012 100 BS Cash at Bank -Master Card 76.09 76.09
11012 100 BS Cash at Bank -Visa 4,420.10 4420.1
11012 100 BS Cash in Hand (Euro) 2,059.78 2059.7826087
11012 100 BS Cash in Hand (Inle) 15,319.37 15319.369259
11012 100 BS Cash in Hand (YGN) 64,652.50 2538.4562963 67190.953593
13023 100 BS A/R Guest Ledger 1,017.96 1017.9613221
14126 100 BS City Ledger ( Agoda ) (17,643.28) -17643.27545
14015 100 BS AR Collection 17,293.54 49782.06 67075.6
13024 100 BS City Ledger ( HO ) 105,656.34 -105656.34 0
13032 100 BS Yangon purchase 0

14017 100 BS AR Collection - Deposit (88,069.32) -88069.31815

14021 100 BS Inventory - Massage Oil 147.13 147.12888889
14021 100 BS Inventory of Spa 0
0
0
0
0
0
14125 100 BS Operation - Food (1,591.52) -1591.52

14126 100 BS Operating - Beverage ( Bar ) 0

14126 100 BS Operation - Beverage ( Bar ) 0

16015 100 BS Construction ( HOD House, Office, S 79,982.81 79982.808586

16103 100 BS Construction ( Laundry ) (22,558.14) -22558.13545
16303 100 BS Construction- Floting Stand 1,732.78 1732.7777778
17098 100 BS Construction- pool 4,313.32 4313.3245455
17100 100 BS Construction: Second Phase 21,075.69 21075.69
17101 100 BS Current HO Payable - Outstanding (6,854.29) 8346.46962963 1492.1787333
17101 100 BS F Asset ( Brick Fance ) 12,962.56 12962.555556
17102 100 BS F Asset ( CCTV ) 8,953.63 8953.6296296
17102 100 BS F Asset F&B 19,090.67 19090.674585
17105 100 BS F Asset Land & Building 20,501.21 20501.209394
17105 100 BS F Asset(Eng) 744.44 744.44444444
17105 100 BS Fix Asset - Data Processing 7,685.00 7685
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00 8800
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40 1082.4
18011 100 BS Fixed Asset ( HK ) 23,073.08 23073.075768
 Villa Inle Resort & Spa
Balance Sheet as at Feb 28' 2019
October'18
September'18
USD
(USD)
1.0 ASSETS
F Asset ( Brick Fance ) 12,962.56
Fix Asset - Furniture & Fitting 21,889.08
F Asset ( HK ) 23,073.08
F Asset ( F&B ) 19,090.67
Fix Asset ( Vehical ) 37,648.15
Fix Asset ( Other ) 18,836.03
Fix Asset ( Building ) 744.444
Fix Asset ( Data Processing ) 7,685.00
F Asset Land & Building 20,501.21
Construction in Progress 87,897.84

FIXED ASSETS AND INTANGIBLES 250,328.06 -

2.0 CURRENT ASSETS

2.1 Accounts Receivable 50,450.29
2.2 Prepayments 4,715.48
2.3 Advances (Staff) -
2.4 Current Account ( HO )
2.5 Other Receivable -
2.6 Inventories at Cost 35,781.92
2.7 Cash in Hand (YGN) 67,190.95
Cash in Hand (Inle) 15,319.37
Cash in Hand (Euro) 2,059.78
2.8 Cash at Bank -KBZ 196,593.67
Cash at Bank -Visa 4,420.10
Cash at Bank -Master Card 76.09
Cash at Bank -CB (POS) 2,595.72
Cash at Bank -CB (I Banking) 7,328.44

TOTAL CURRENT ASSETS 386,531.80 -

TOTAL ASSETS 636,859.86 -
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,600.66)
4.2 Accounts Payable - Trade (7,163.01)
Accounts Payable - Trade columbus 2,048,058.79
Accounts Payable - Current Ho 1,492.18
Accounts Payable - Services Money (12,002.75)
Accounts Payable - Audit Fee (875.00)
Accounts Payable - Commerical Tax (108,784.66)
Accounts Payable - Land Lease (22,000.00)
Accounts Payable -HO (Office) (18,058.95)
4.3 Accrued Expenses (2,639.48)
4.4 Provisions -
4.5 Deposit Received (88,069.32)
4.6 Other Payable 1,575.00
TOTAL CURRENT LIABILITIES 1,723,932.14 -
NET ASSETS 2,360,792.00 -
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 2,284,289.92
Retained Earnings /(Loss) 76,502.07

SHAREHOLDERS' INTEREST 2,360,791.99 -

0.01 -
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 28 Feb 2019

Amount (USD)
Revenue 139,194
Room Revenue 77,489.02
Mini Bar Revenue
Food & Beverage 36,542.05
Other Operation Department
Phone
SPA 4,230.43
Other 1,189.08
Transportation 1,083.48
Laundry 657.39
Other -Commerical & Services Money 18,002.97

Total Revenue 139,194

Cost of Sale
Room Expenses 9,714.52
Salary & Wages ( HK ) 2,952.09
Staff Related Expenses 538.72
Cleaning Supplies ( HK ) 103.51
Guest Supplies 609.64
Printing & Stationery ( FO,HK ) 139.73
Laundry 187.25 14,504.36
Linen ( HK )
Uniform for Room Dept
Internet bill for Room 55.56
Postage,Telephone,e-mail
Transportation & Labour ( HK ) 107.32
Landscaping ( HK ) 2,333.11
Complimentory Food & Beverage 349.42
Room Commission Fee ( for Feb'18 ) 605.00
Commision Fee
Miscellaneous ( HK ) 1,303.79
Pest Control 243.00
OS for HK 186.39

Mini Bar Expenses 310

Mini Bar Cost 310.23
 Food & Beverage Expenses 17,653.03
Food Cost 8,057.29
Beverage Cost 3,334.00
China, Glass & Sliverware (F&B)
Salary & Wages ( F&B ) 3,271.46
Staff Related Expenses 414.40
Cleaning Supply 56.30
Guest Supply 54.11
PS for F&B 16.13
Laundry 14.58
Uniform for F&B Department -
Postage,Telephone,e-mail 27.78
Transportation & Labour ( F&B ) 171.55
Utential GAS Cost 376.96
Miscellaneous 1,858.47
OS for F&B

Other Operation Department 1,890

Salary & Wages ( Spa ) 592.83
Staff Related Expenses 103.55
cleaning Supply
Guest supply 8.01
Ps for Spa 0.82
OS for Spa 11.11
Miscellaneous (SPA)

Transport Expenses ( MOD ) 288.37

Other Expense ( MOD ) 506.32
Cost of Laundry 16.34
Salary & Wages ( Ldy ) 192.69
Staff Related Expenses 41.42
Reallocation - SPA 75.50
Cost Of Souvenier 53.00

Tax & Services Money 18,004

Other -Commerical Tax 6,000.99
Other -Services Money 12,003.00

Total Cost of Sale 47,572

Gross Operating Profit 91,623

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 1,634
Salary & Wages ( S&M ) 644.44
Data Processing - S&M 7.41
Printing & Stationery ( S&M)
Internet bill for (S&M) 55.56
Transportation - S&M 38.45
 Advertising 832.52
Staff Related Exp - S&M 41.44
Miscellanous -S&M
Phone & Fax-S & M 14.15

Maintance Expenses 2,366.80

Salary & Wages ( Eng ) 1,012.38
Staff Related Expenses 124.32
Engineering Supplies 875.33
Uniform for M&E
Guest supply
cleaning Supply
Laundry
Postage,Telephone,e-mail 27.78
Motor Vehical Expense
Maintenance Building
PS for M&E 3.52
OS for M&E 9.84
Pool
Sky net Life Extension
Maintenance -swimming pool
Miscellenous 239.78
Transportation & Labour ( M&E ) 73.86

Admin & General Expenses 11,119.86

Salary & Wages ( Admin ) 5,838.47
Staff Related Exp 649.27
Printing & Stationery ( Admin ) 34.40
Laundry 5.58
Data Processing - Admin 7.41
Uniform for A&G Department
Postage,Telephone,e-mail 27.78
Transportation - Admin 753.80
Insurance For Car
Salary Tax 280.86
Spoil 33.07
Bank Charges ( Admin ) 20.00
Exchange A/C (855.73)
Staff Activity 67.00
Audit Fees 175.00
OS for Finance 0.91
Staff S S B (Admin) 181.78
OS for Supply
Present & Donation ( Admin ) 179.37
Rental -Office ( for Feb'19 ) 370.37
Medical Expenses ( Admin )
Miscellenous 85.11
Utential Diesel 225.93
 EPC Bill for Jan'19 2,639.48
Lease Rental for Feb'19 400.00
PS for Security
Audit fee
Guest Supply
Entertainment (Admin)

Total -Sale & Marketing , M&E and Admin & General Ex 15,121

Net Operating Profit 76,502.07

(76,502.07)
(0.00)
 Villa Inle Resort & Spa ( Inle)
Trial Balance ( Current ) as at 31 st March'19

Opening
Account codeDepartment BS / PL Particular Debit
11012 100 BS Cash at Bank -CB (I Banking) 7328.43925926
11012 100 BS Cash at Bank -CB (POS) 2595.71555556
11012 100 BS Cash at Bank -KBZ 196593.67
11012 100 BS Cash at Bank -Master Card 76.09
11012 100 BS Cash at Bank -Visa 4420.1
11012 100 BS Cash in Hand (Euro) 2059.7826087
11012 100 BS Cash in Hand (Inle) 15319.3692593
11012 100 BS Cash in Hand (YGN) 67190.9535926
11012 100 BS Cash In Hand
13023 100 BS A/R Guest Ledger 1,017.96
13024 100 BS City Ledger ( HO )
13032 100 BS Yangon purchase 3,116.25
14015 100 BS AR Collection 67,075.60
14017 100 BS AR Collection - Deposit
14021 100 BS Inventory - Massage Oil 147.13
14125 100 BS Operation - Food
14126 100 BS City Ledger ( Agoda )
16015 100 BS Construction ( HOD House, Office, Store ) 79982.8085864
16103 100 BS Construction ( Laundry )
16303 100 BS Construction- Floting Stand 1,732.78
17098 100 BS Construction- pool 4313.32454545
17100 100 BS Construction: Second Phase 21075.69
17101 100 BS Current HO Payable - Outstanding
17101 100 BS F Asset ( Brick Fance ) 12962.5555556
17102 100 BS F Asset ( CCTV ) 8953.62962963
17102 100 BS F Asset F&B 19090.6745849
17105 100 BS F Asset Land & Building 20501.2093939
17105 100 BS F Asset(Eng) 744.444444444
17105 100 BS Fix Asset - Data Processing 7685
17105 100 BS Fixed Asset - Fire Fighting Set 8800
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1082.4
18011 100 BS Fixed Asset ( HK ) 23073.0757678
18011 100 BS Fixed Asset ( Office Equipment ) 21889.0830208
18011 100 BS Fixed Asset ( Venical ) 37648.1474074
19015 100 BS Inventory - H.K'Guest Supplies 709.38632963
30101 100 BS Inventory-Printing and Stationary ( Store ) 3614.47592593
30101 100 BS Operatin Canteen Food
30102 100 BS New Project Construction- East Size 3351.37
31011 100 BS Inventory-Cleaning Supply ( Store ) 1962.54962954
41011 100 BS Inventory-Diesel & Petrol ( Store ) 52.10
50101 100 BS Inventory-Food Store ( Store ) 2935.29851808
50102 100 BS Inventory - Mini Bar ( Bev ) 205.837
50102 100 BS Received from YGN
60103 100 BS Inventory - Mini Bar ( Food ) 36.63
60107 100 BS Refund 1575
60204 100 BS Inventory Diesel,Petrol ( Generator ) 391.24
60204 100 BS Inventory-Gas 56.67
60301 100 BS Inventory -HK' Cleaning Supplies 628.092962963
60301 100 BS Inventory-Guest Supplies ( Store ) 1877.24925878
60301 100 BS Supsend
60301 100 BS Inventory-Cleaning Supply( Store )
60303 100 BS Inventory Operation - Beverage ( Bar ) 3733.62
60408 100 BS Inventory Operation - Food 7410.64914815
60410 100 BS Inventory-Beverage(Store) 10310.2077775
69999 100 BS Inventory-Other Supply ( Store ) 3302.30222212
69999 100 BS Prepaid 4715.47667444
11012 200 BS Account Payable - Columbus 2048058.78846
11012 200 BS Account Payable - Lease Rental
11012 200 BS Account Payable - Office Rental (HO)
13023 200 BS Account Payable -Commerical Tax
13024 200 BS Accounts Payable - Audit Fee
13024 200 BS Account Payable -Services Money
13027 200 BS Accrued Electricity
14014 200 BS Accrued Payable Hotel Trade
60202 200 BS Retain Earning

30101 1000 PL Room Revenue

14013 1000 PL Inventory - Cleaning Supplies HK
14021 1000 PL Guest Supply
50101 1000 PL Salary & Wages ( HK )

50102 1000 PL Staff Related Expenses

60102 1000 PL Cleaning Supplies
60103 1000 PL PS for FO
60103 1000 PL Guest Supplies
60107 1000 PL Printing & Stationary (FO)

60107 1000 PL PS for HK

60202 1000 PL Laundry
60301 1000 PL Internet bill for Room
60410 1000 PL Complemantry Food & Beverage for HK
60415 1000 PL Pest Control
62011 1000 PL Commession Fees forBooking .com ( HK )

69999 1000 PL Miscellaneous FO

69999 1000 PL Landscaping ( HK )
69999 1000 PL Miscellaneous HK
69999 1000 PL Transportation & Labour HK

69999 1000 PL OS for HK

31011 2000 PL Food Revenue
32011 2000 PL Beverage Revenue
41011 2000 PL Food Cost
42011 2000 PL Beverage Cost
50101 2000 PL Salary & Wages ( F&B )

50102 2000 PL Staff Related Expenses

60102 2000 PL Cleaning Supply
60103 2000 PL Guest Supply
60107 2000 PL PS for F&B
60202 2000 PL Laundry
60301 2000 PL Internet bill for F&B
60415 2000 PL Utilities (Gas)
69999 2000 PL Transportation & Labour F&B
69999 2000 PL Bank;Charges F&B
69999 2000 PL Miscellaneous ( F&B )

69999 2000 PL Miscellaneous

69999 2000 PL Miscelleneous
30101 3200 PL Revenue - SPA
50101 3200 PL Salary & Wages ( Spa )

50102 3200 PL Staff Related Expenses

30102 3300 PL Revenue - Others

30102 3300 PL Other -Commerical & Services Money
30104 3300 PL Revenue - Transportation
40101 3300 PL Cost Of Minibar ( Food )
40101 3300 PL Cost Of Minibar ( Beverage )
60301 3300 PL Bank;Charges for POS (MOD)
60303 3300 PL Transportation(MOD)

64015 3300 PL Cost of Souvinor

64015 3300 PL Payable - Service Money for March'19
64015 3300 PL Comersial Tax for March'19
69999 3300 PL Miscellaneous ( MOD)

30101 3400 PL Revenue - Laundry

40101 3400 PL Cost of Laundry
50101 3400 PL Salary & Wages ( Ldy )

50102 3400 PL Staff Related Expenses

60102 3400 PL PS for Spa
69999 3400 PL Guest Supply
69999 3400 PL OS for Spa
50101 4000 PL Salary & Wages ( Admin )

50102 4000 PL Staff Related Expenses

60107 4000 PL Printing & Stationary Admin

60202 4000 PL Laundry

60301 4000 PL Internet bill for A&G
60303 4000 PL Transportation(Admin)

60403 4000 PL Audit Fees

60413 4000 PL Exchange Money
60413 4000 PL Exchange Money gain /Loss
60416 4000 PL Salary Tax

63011 4000 PL Rental -Office ( for March'19 )

69999 4000 PL SSB for March'19
69999 4000 PL Miscellaneous ( Admin)
50101 5000 PL Salary & Wages ( S&M )

50102 5000 PL Staff Related Expenses

60301 5000 PL Internet bill for S&M
60407 5000 PL Advertising
50101 6000 PL Salary & Wages ( Eng )

50102 6000 PL Staff Related Expenses

60301 6000 PL Internet bill for M&E
60303 6000 PL Transportation Labour & M&E

60306 6000 PL Motor Vehicle Expense M&E

65013 6000 PL Engineering Supplies

69999 6000 PL PS for M&E

69999 6000 PL OS for M&E
65012 7000 PL Utential Diesel
65013 7000 PL EPC Bill for March'18
70102 8000 PL Lease Rental for MArch'19
80105 9000 PL Reallocation - SPA

2,731,402.82
Opening USD JV Coso
Credit Debit Credit Debit Credit Debit
2331.84908 7328.4392592593 9,660.29
2145.52909 2595.7155555556 4,741.24
220198.56 196593.67 416,792.23
76.09 76.09 152.18
4,833.73 4420.1 9,253.83
2,402.173913 2059.7826086957 4,461.96
9,567.530970 15319.369259259 24,886.90
67,190.95
-
17489.570886086 50352.92 31723.18 51,370.88
31723.18 31,723.18
3309.528637 3,116.25
67,075.60
88,069.32 -
137.104074074074 276.63 68.84 560.86
1,591.52 2879.7778963 4453.834326 2,879.78
17,643.28 2339.8 -
79,982.81
22,558.14 -
1,732.78
4,313.32
21,075.69
1624.07385926 -
12,962.56
8,953.63
19,090.67
20,501.21
744.44
7,685.00
8,800.00
1,082.40
23,073.08
21,889.08
37,648.15
18.5185185185185 7.9 215.95 735.80
6.66666666666667 80.86 3,621.14
1033.59259259259 6.6666666666667 547.315185185 1574.24 1,580.91
3,351.37
1,962.55
73.33 52.10
 3553.11111111111 809.622222193 1098.01 7,298.03
138.7 123.79 344.54
0 53947.740740741 -
25.26 27.7 61.89
1,575.00
59.26 228.19 450.50
122.222222222 213.78 178.89
107 209.45 735.09
197.037037056 305.89 2,074.29
67600.66 -
40 0 153.777777778 134.41 193.78
563.43 935.288 4,297.05
705.017777777778 8,115.67
89.4296296296296 342.92592592 705.83 10,742.56
42.7777777777778 185.62 3,345.08
42.15259259 4,715.48
2,048,058.79
22000 400 -
18058.9463818 370.3703704 -
108784.656297 13180.799259555 2063.07 13,180.80
875 175 -
12002.75 12,003.00 4127 12,003.00
2639.48148148 2637.85185185185 0 2173.407407 2,637.85
7163.01151676 4233.0014814815 1755.257407 4,233.00
2,360,791.99 -
-
0 26828.34 -
9.8762962963 0 9.88
1.48 0 1.48
2745.7562962963 0 2,745.76

431.63 0 431.63
82.61 0 82.61
57.68 0 57.68
215.95 0 215.95
3.33333333333333 0 3.33
8.04 0 8.04
114.35 0 114.35
55.5555555556 0 55.56
143.074074074074 0 376.85 519.92
291 0 291.00
605 0 415.85 1,020.85
14.1481481481481 0 14.15
762.259259259259 0 21.4848148148 783.74
 237.65400447037 0 237.65
22.8888888888889 0 22.89
71.52 0 71.52
0 7836.49 -
0 3170.13 -
3905.08432593 0 3,905.08
935.288 0 935.29
3073.91555555556 0 3,073.92

380.85 0 380.85
22.22 0 22.22
19.71 0 19.71
9.37 0 9.37
4.12 0 4.12
27.7777777778 0 27.78
0 0 213.78 213.78
58.0740740740741 0 58.07
162.903666666667 0 162.90
360.06 0 360.06
92.288962963 0 92.29
105.02 0 105.02
0 2417.83 -
597.354814814815 0 597.35

126.95 126.95
0 -
0 562.42 -
0 6189.22 -
0 675.65 -
27.7 0 27.70
123.79 0 123.79
82.0565259259259 0 82.06
450.814814814815 0 24.437037037 475.25
8 0 8.00
4127 0 4,127.00
2063.07 0 2,063.07
20 0 20.00
333.04 -
0 0 5.56 5.56
195.555555555556 0 195.56

50.78 0 50.78
0.15 0 0.15
7.54 0 7.54
 0.56 0 0.56
5847.83037037037 0 5,847.83

556.45 0 556.45
2.22222222222222 0 1.55 3.77
2.81 0 2.81
27.7777777778 0 27.78
15.037037037037 0 15.04
175 0 175.00
9904 11068.792270531 9,904.00
2874.75852 -
280.864444444444 0 280.86
370.37037037 0 370.37
181.777777777778 0 181.78
7.33333333 0 22.4807407407 29.81
644.444444444444 0 644.44

50.78 0 50.78
55.5555555556 0 55.56
6144.75444444444 0 42.1525925926 6,186.91
1000.21185185185 0 1,000.21

152.4 0 152.40
27.7777777778 0 27.78
18.5185185185185 0 18.52
1.11111111111111 0 1.11
670.407407407407 0 314.555481481 984.96
4.07 0 4.07
1.85 0 1.85
228.19 0 228.19
2173.40740741 0 2,173.41
400 0 400.00
68.84 0 68.84
-
2,731,402.82 313,780.70 313,780.70 107,126.90 107,126.90 3,152,310.42
0.00000 0.00000 0.00000
Coso
Credit Inle
7,328.44 2,331.85
2,595.72 2,145.53
196,593.67 220,198.56
76.09 76.09
4,420.10 4,833.73
2,059.78 2,402.17
15,319.37 9,567.53
- 67,190.95
- -
49,212.75 2,158.13 2158.13 (0.00)
- 31,723.18 2,874.76
3,309.53 (193.28) 363.34
- 67,075.60
88,069.32 (88,069.32)
68.84 492.02
6,045.35 (3,165.58)
19,983.08 (19,983.08)
- 79,982.81
22,558.14 (22,558.14)
- 1,732.78
- 4,313.32
- 21,075.69
1,624.07 (1,624.07)
- 12,962.56
- 8,953.63
- 19,090.67
- 20,501.21
- 744.44
- 7,685.00
- 8,800.00
- 1,082.40
- 23,073.08
- 21,889.08
- 37,648.15
215.95 519.85
80.86 3,540.28
1,580.91 0.00
- 3,351.37
- 1,962.55
73.33 (21.23)
 1,098.01 6,200.02
123.79 220.75
53,947.74 (53,947.74)
27.70 34.19
- 1,575.00
228.19 222.31
213.78 (34.89)
209.45 525.64
305.89 1,768.40
67,600.66 (67,600.66)
134.41 59.37
935.29 3,361.76
- 8,115.67
705.83 10,036.73
185.62 3,159.46
42.15 4,673.32
- 2,048,058.79
22,400.00 (22,400.00)
18,429.32 (18,429.32)
110,847.73 (97,666.93)
1,050.00 (1,050.00)
16,129.75 (4,126.75)
4,812.89 (2,175.04)
8,918.27 (4,685.27)
2,360,791.99 (2,360,791.99)
- -
26,828.34 (26,828.34)
- 9.88
- 1.48
- 2,745.76

- 431.63
- 82.61
- 57.68
- 215.95
- 3.33
- 8.04
- 114.35
- 55.56
- 519.92
- 291.00
- 1,020.85
- 14.15
- 783.74
 - 237.65
- 22.89
- 71.52
7,836.49 (7,836.49)
3,170.13 (3,170.13)
- 3,905.08
- 935.29
- 3,073.92

- 380.85
- 22.22
- 19.71
- 9.37
- 4.12
- 27.78
- 213.78
- 58.07
- 162.90
- 360.06
- 92.29
- 105.02
2,417.83 (2,417.83)
- 597.35

- 126.95
- -
562.42 (562.42)
6,189.22 (6,189.22)
675.65 (675.65)
- 27.70
- 123.79
- 82.06
- 475.25
- 8.00
- 4,127.00
- 2,063.07
- 20.00
333.04 (333.04)
- 5.56
- 195.56

- 50.78
- 0.15
- 7.54
 - 0.56
- 5,847.83

- 556.45
- 3.77
- 2.81
- 27.78
- 15.04
- 175.00
11,068.79 (1,164.79)
2,874.76 (2,874.76)
- 280.86
- 370.37
- 181.78
- 29.81
- 644.44

- 50.78
- 55.56
- 6,186.91
- 1,000.21

- 152.40
- 27.78
- 18.52
- 1.11
- 984.96
- 4.07
- 1.85
- 228.19
- 2,173.41
- 400.00
- 68.84
- -
3,152,310.42 0.00
0.00000
 Villa Inle Resort & Spa ( YGN)
Trial Balance ( Current ) as at 31 March'19

Opening YGN
11012 100 BS Cash In Hand(31.10.2018)
13023 100 BS AR Collection
13024 100 BS City Ledger
13032 100 BS Current HO Purchasing
13032 100 BS Current HO Payable - Outstanding
15115 100 BS AR Collection - Deposit
16303 100 BS Remit to -INLE
11012 200 BS Remit to U Min Din
60303 1000 PL Transportation - HK

60303 2000 PL Transportation - F&B

50102 4000 PL Staff Related Exp - Admin

60202 4000 PL Data Processing - Admin
60303 4000 PL Transportation - Admin

60408 4000 PL Bank Charges

60413 4000 PL Exchange Money
16014 5000 PL Advertising Exp: S & M
16014 5000 PL Admi Domaini hoteline
50102 5000 PL Staff Related Exp - S&M
60303 5000 PL Data Processing - S&M
60408 5000 PL Transportation - S&M

60303 6000 PL Transportation - M&E

- -

HK
F&B

11012 100 BS Cash In Hand(31.10.2018) Transportation -

13024 100 BS City Ledger Transportation -

13023 100 BS AR Collection Transportation -

15115 100 BS AR Collection - Deposit

13032 100 BS Current HO Purchasing
13032 100 BS Current HO Payable - Outstanding
60413 4000 PL Exchange Money
16303 100 BS Remit to -INLE
60202 4000 PL Data Processing - Admin
60303 5000 PL Data Processing - S&M
50101 4000 PL Transportation - Admin
60303 5000 PL Transportation - S&M
60303 6000 PL Transportation - M&E
60303 1000 PL Transportation HK
60303 2000 PL Transportation - F&B
60303 4000 PL Staff Related Exp - Admin
60408 4000 PL Bank Charges
60303 5000 PL Advertising Exp: S & M
 YGN (Kyat) YGN EQ (USD) USD JV -Current (USD)
1,895.70 2,121.954 54,643.00 65,069.000

- 133.333 66,813.000 31,723.180

- -

689.704 - 2,619.825

7,004.398 - 505.000 -

- - 191.00 3,829.000 3,829.000

14,540.741 - 39,407.000

- - 20,945.000 -

56.500

56.600

24.074 -

7.407 -

28.330

88.667 - 20.000

- 22,370.370 20,000.000 -

125.926 -

32.59 -

10.963 -

7.407 -

28.330

28.330

- - 24,625.67 24,625.66 135,711.00 135,711.00 38,172.00

198.07 28.30
56.6000 105,372.00
56.6000 105,372.00

28.3000 52,685.00

28.3000 52,686.00

28.2700 52,685.00

198.0700 368,800.0000

0.00 368,601.93
JV -Current (USD) Coso Trail

56,538.70 67,190.95 (10,652.25)

3,829.000 31,723.18 70,775.33 (39,052.15)

31,723.180 - 31,723.18 (31,723.18)

- 3,309.53 - 3,309.53

2,619.825 7,509.40 2,619.82 4,889.57

4,020.00 3,829.00 191.00

53,947.74 - 53,947.74

- 20,945.00 - 20,945.00

56.50 - 56.50

56.60 - 56.60

24.07 - 24.07

7.41 - 7.41

28.33 - 28.33

108.67 - 108.67

- 20,000.00 22,370.37 (2,370.37)

125.93 - 125.93

32.59 - 32.59

10.96 - 10.96

7.41 - 7.41

28.33 - 28.33

28.33 - 28.33

38,172.00 198,508.68 198,508.66 0.02 0.000000 0.000000

Account codeDepartmentBS / PL Particular Inle YGN Total
11012 100 BS Cash at Bank -CB (I Banking) 2,331.85 2331.84908
11012 100 BS Cash at Bank -CB (POS) 2,145.53 2145.52909
11012 100 BS Cash at Bank -KBZ 220,198.56 220198.56
11012 100 BS Cash at Bank -Master Card 76.09 76.09
11012 100 BS Cash at Bank -Visa 4,833.73 4833.73
11012 100 BS Cash in Hand (Euro) 2,402.17 2402.173913
11012 100 BS Cash in Hand (Inle) 9,567.53 9567.53097
11012 100 BS Cash in Hand (YGN) 67,190.95 -10652.2496296 56538.703963
13023 100 BS A/R Guest Ledger 2,158.13 2158.130436
14015 100 BS AR Collection 67,075.60 -39052.1533333 28023.446667
14126 100 BS City Ledger ( Agoda ) (19,983.08) -19983.07545

13024 100 BS City Ledger ( HO ) 31,723.18 -31723.18 0

14017 100 BS AR Collection - Deposit (88,069.32) 191 -87878.31815

16015 100 BS Construction ( HOD House, Office, S 79,982.81 79982.808586

16103 100 BS Construction ( Laundry ) (22,558.14) -22558.13545
16303 100 BS Construction- Floting Stand 1,732.78 1732.7777778
17098 100 BS Construction- pool 4,313.32 4313.3245455
17100 100 BS Construction: Second Phase 21,075.69 21075.69
17101 100 BS Current HO Payable - Outstanding (1,817.35) 8199.10148144 6381.7476222
17101 100 BS F Asset ( Brick Fance ) 12,962.56 12962.555556
17102 100 BS F Asset ( CCTV ) 8,953.63 8953.6296296
17102 100 BS F Asset F&B 19,090.67 19090.674585
17105 100 BS F Asset Land & Building 20,501.21 20501.209394
17105 100 BS F Asset(Eng) 744.44 744.44444444
17105 100 BS Fix Asset - Data Processing 7,685.00 7685
17105 100 BS Fixed Asset - Fire Fighting Set 8,800.00 8800
17105 100 BS Fixed Asset - Other ( Pump Motor ) 1,082.40 1082.4
18011 100 BS Fixed Asset ( HK ) 23,073.08 23073.075768
 Villa Inle Resort & Spa
Balance Sheet as at March 31' 2019
October'18
September'18
USD
(USD)
1.0 ASSETS
F Asset ( Brick Fance ) 12,962.56
Fix Asset - Furniture & Fitting 21,889.08
F Asset ( HK ) 23,073.08
F Asset ( F&B ) 19,090.67
Fix Asset ( Vehical ) 37,648.15
Fix Asset ( Other ) 18,836.03
Fix Asset ( Building ) 744.444
Fix Asset ( Data Processing ) 7,685.00
F Asset Land & Building 20,501.21
Construction in Progress 87,897.84

FIXED ASSETS AND INTANGIBLES 250,328.06 -

2.0 CURRENT ASSETS

2.1 Accounts Receivable 10,198.50
2.2 Prepayments 4,673.32
2.3 Advances (Staff) -
2.4 Current Account ( HO )
2.5 Other Receivable -
2.6 Inventories at Cost 36,997.31
2.7 Cash in Hand (YGN) 56,538.70
Cash in Hand (Inle) 9,567.53
Cash in Hand (Euro) 2,402.17
2.8 Cash at Bank -KBZ 220,198.56
Cash at Bank -Visa 4,833.73
Cash at Bank -Master Card 76.09
Cash at Bank -CB (POS) 2,145.53
Cash at Bank -CB (I Banking) 2,331.85

TOTAL CURRENT ASSETS 349,963.31 -

TOTAL ASSETS 600,291.36 -
3.0 LONG TERM LIABILITIES -
4.0 CURRENT LIABILITIES
4.1 Suspense Account (67,600.66)
4.2 Accounts Payable - Trade (4,685.27)
Accounts Payable - Trade columbus 2,069,003.79
Accounts Payable - Current Ho 6,381.75
Accounts Payable - Services Money (4,126.75)
Accounts Payable - Audit Fee (1,050.00)
Accounts Payable - Commerical Tax (97,666.93)
Accounts Payable - Land Lease (22,400.00)
Accounts Payable -HO (Office) (18,429.32)
4.3 Accrued Expenses (2,175.04)
4.4 Provisions -
4.5 Deposit Received (87,878.32)
4.6 Other Payable 1,575.00
TOTAL CURRENT LIABILITIES 1,770,948.26 -
NET ASSETS 2,371,239.62 -
5.0 CAPITAL & LIABILITIES
AUTHORIZED CAPITAL
5.1 Capital Equity
Issued, Called & Paid-up Capital
5.2 Reserves & Retained Earnings
Capital Reserves
General Reserves
Opening Retaining Earning 2,360,791.99
Retained Earnings /(Loss) 10,447.61

SHAREHOLDERS' INTEREST 2,371,239.60 -

0.02 -
 Villa Inle Resort & SPA
Operating, Profit & Loss Account
For the Period ended 31 March 2019

Amount (USD)
Revenue 48,013
Room Revenue 26,828.34
Mini Bar Revenue
Food & Beverage 11,006.62
Other Operation Department
Phone
SPA 2,417.83
Other 562.42
Transportation 675.65
Laundry 333.04
Other -Commerical & Services Money 6,189.22

Total Revenue 48,013

Cost of Sale
Room Expenses 6,744.49
Salary & Wages ( HK ) 2,745.76
Staff Related Expenses 431.63
Cleaning Supplies ( HK ) 92.49
Guest Supplies 217.43
Printing & Stationery ( FO,HK ) 69.05
Laundry 114.35 14,105.07
Linen ( HK )
Uniform for Room Dept
Internet bill for Room 55.56
Postage,Telephone,e-mail
Transportation & Labour ( HK ) 79.39
Landscaping ( HK ) 783.74
Complimentory Food & Beverage 519.92
Room Commission Fee ( for Feb'18 ) 1,020.85
Commision Fee
Miscellaneous ( HK ) 251.80
Pest Control 291.00
OS for HK 71.52

Mini Bar Expenses 151

Mini Bar Cost 151.49
 Food & Beverage Expenses 9,427.06
Food Cost 3,905.08
Beverage Cost 935.29
China, Glass & Sliverware (F&B)
Salary & Wages ( F&B ) 3,073.92
Staff Related Expenses 380.85
Cleaning Supply 22.22
Guest Supply 19.71
PS for F&B 9.37
Laundry 4.12
Uniform for F&B Department -
Postage,Telephone,e-mail 27.78
Transportation & Labour ( F&B ) 114.67
Utential GAS Cost 213.78
Miscellaneous 720.27
OS for F&B

Other Operation Department 1,639

Salary & Wages ( Spa ) 597.35
Staff Related Expenses 126.95
cleaning Supply
Guest supply 7.54
Ps for Spa 0.15
OS for Spa 0.56
Miscellaneous (SPA) 102.06

Transport Expenses ( MOD ) 475.25

Other Expense ( MOD )
Cost of Laundry 5.56
Salary & Wages ( Ldy ) 195.56
Staff Related Expenses 50.78
Reallocation - SPA 68.84
Cost Of Souvenier 8.00

Tax & Services Money 6,190

Other -Commerical Tax 2,063.07
Other -Services Money 4,127.00

Total Cost of Sale 24,152

Gross Operating Profit 23,861

Sale & Marketing , M&E and Admin & General Expenses

Sale & Marketing 7,143
Salary & Wages ( S&M ) 644.44
Data Processing - S&M 7.41
Printing & Stationery ( S&M)
Internet bill for (S&M) 55.56
Transportation - S&M 28.33
 Advertising 6,345.43
Staff Related Exp - S&M 61.74
Miscellanous -S&M
Phone & Fax-S & M

Maintance Expenses 2,219.23

Salary & Wages ( Eng ) 1,000.21
Staff Related Expenses 152.40
Engineering Supplies 984.96
Uniform for M&E
Guest supply
cleaning Supply
Laundry
Postage,Telephone,e-mail 27.78
Motor Vehical Expense 1.11
Maintenance Building
PS for M&E 4.07
OS for M&E 1.85
Pool
Sky net Life Extension
Maintenance -swimming pool
Miscellenous
Transportation & Labour ( M&E ) 46.85

Admin & General Expenses 4,051.66

Salary & Wages ( Admin ) 5,847.83
Staff Related Exp 580.52
Printing & Stationery ( Admin ) 3.77
Laundry 2.81
Data Processing - Admin 7.41
Uniform for A&G Department
Postage,Telephone,e-mail 27.78
Transportation - Admin 43.37
Insurance For Car
Salary Tax 280.86
Spoil
Bank Charges ( Admin ) 108.67
Exchange A/C (6,409.92)
Staff Activity
Audit Fees 175.00
OS for Finance
Staff S S B (Admin) 181.78
OS for Supply
Present & Donation ( Admin )
Rental -Office ( for March'19 ) 370.37
Medical Expenses ( Admin )
Miscellenous 29.81
Utential Diesel 228.19
 EPC Bill for March'19 2,173.41
Lease Rental for March'19 400.00
PS for Security
Audit fee
Guest Supply
Entertainment (Admin)

Total -Sale & Marketing , M&E and Admin & General Ex 13,414

Net Operating Profit 10,447.61 (0.02)

(10,447.61)
0.00
 Opening USD
Department BS / PL Particular Debit Credit Debit Credit
100 BS Inventory-Beverage Store ( Store ) 221.04 0
100 BS Inventory-Food Store ( Store ) 408.74 0
100 BS Inventory-Food(Store) 2971.318639
100 BS Inventory-Beverage(Store) 10599.1753
100 BS Inventory - Cleaning Supplies 2482.972535
100 BS Inventory-Guest Supplies ( Store ) 950.1217029
100 BS Inventory-Printing Supplies ( Store ) 3880.459466 55.56
100 BS Inventory - Massage Oil 0.556707278 50.74
100 BS Inventory - Souvier 35.19
100 BS Inventory-Other Supply ( Store ) 3864.567463 105.93
100 BS Inventory Diesel,Petrol ( Generator ) 18.89
100 BS Inventory-Diesel & Petrol ( Store ) 618.5270914
100 BS Inventory-Gas 106.6666667 349.73921
100 BS Inventory - H.K'Guest Supplies 772.1266667
100 BS Inventory - Mini Bar ( Bev ) 121.01
100 BS Inventory - Mini Bar ( Food ) 4.79
100 BS Operation Staff Canteen 1,023.11 1.102111
100 BS Operation - Food 3868.551149 864.77
100 BS Operation - Beverage ( Bar ) 2782.365185

33036.7519 390.275917 2729.88074 1.102111

cash down
 JV Coso
Debit Credit Debit Credit

221.04 -
1,205.53 408.74 1,205.53
351,800.00 260.59 128,990.00 95.55 354,771.32 -
2,040,590.00 1,511.55 1,342.21 2,051,189.18 1,342.21
60,000.00 44.44 437.84 62,482.97 437.84
80,000.00 59.26 372.08 80,950.12 372.08
- 103.77 3,936.02 103.77
- 58.46 50.74 59.02
- - 35.19
22,500.00 16.67 45.00 265.05 26,470.49 265.05
- 338.14 18.89 338.14
1,051,000.00 778.52 421.93 1,051,618.53 421.93
100,800.00 74.67 152.53 100,906.67 502.27
- 817.54 772.13 817.54
- 143.64 121.01 143.64
- 36.67 - 41.46
404500 299.63 1668.83 405,523.11 1,669.93
268,432.00 198.84 4,090,647.50 3,030.11 1,790.92 273,165.32 1,790.92
870.00 2,782.37 870.00
4,219,637.50
4,379,622.00 3,244.16 4,219,637.50 10025.14 4415388.6326 10416.518

AP 8,599,259.50
6,369.82
Inle
221.04
(796.79)
354,771.32
2,049,846.97
62,045.13
80,578.04
3,832.25
(8.28)
(35.19)
26,205.44
(319.25)
1,051,196.60
100,404.40
(45.41)
(22.63)
(41.46)
403,853.18
271,374.40
1,912.37

4404972.1146
Inventory
Store (Food) 2863.66
Kit Food 3558
HK Mini Bar (Food) 31.730
Store (Beverage) 11325.94
Bar (Beverage) 1134.59
HK Mini Bar(Beverage) 149.187
PS (Store) 3807.46
GS(Store) 1201.45
HK GS 672.23
CS(Store) 1680.2
HK (CS) 464.85
OS(Store) 3561.12
Diesel & Petrol (Store) 152.17
Diesel & Petrol (Generat 515.27
Innventory (Gas) 124.8
Spa Inventory 82.02

31324.74
319.64