PDA's Annual Report 2016 | Page 38

BELL FINANCES
BELL
BALANCE
SHEET

Current Assets

$240,429
$266,096

Fixed Assets

2015 - 2014
Comparison

$1,168,592

$365,379

$576,276
$602,982

Other Assets

$1,985,298

Total Assets

$1,234,457

2015 Audit Review
2014

Current Liabilities

$259,269
$117,526
$148,156
$197,017

Long-Term Liabilities
Equity

$919,914

$1,577,872
$1,985,298

Total Liabilities & Equity

BELL
REVENUE

$1,234,457

THE INCOME STATEMENT THROUGH DECEMBER 31, 2015,
SHOWS A PROFIT OF $651,276.
$2,375,255
$2,198,712

2015 Audit Review

2015 - 2014
Comparison

2014

$352,857
$303,651
$104,127
$13,437

Property &
Casualty
Commission

BELL
EXPENSES

2015 Audit Review

$15,284
$4,975

Life Insurance
Commission

Professional Fees

Accident &
Health
Commission

Other
Commission

Office Support/Miscellaneous

$14,645

Office Automation/Leased Equip.

Contingency
Bonus

$70,220
$97,275
$55,408

$91,542
$120,858

Advertising

$66,374
$90,096

Rent/Utilities/Maintenance
36

$102,412

Salaries/IRA/Employer Payroll Taxes
$1,469,850
$1,378,455

2015 - 2014
Comparison

2014

$16,838

$155,827
$231,352

$8,979
$30,270

Interest

$34,346
$51,130

Meals/Travel/Lodging/Auto

Depreciation

$52,526
$56,871
$194,302
$254,165

Insurance