Guide to the General Index of Financial Information ... - New Learner

Part 21001 Operating Name: Manufacture-it-now0002 Description of the operation: manufacturing0003 Sequence number: 01RevenueAmount8000 Trade sales of goods and services 15000008230 Other revenue 15008231 Foreign exchange gains/losses 42008090 Investment revenue 56308299 Total revenue 15113308518 Cost of sales 7250008519* Gross profit/loss 775000Operating expenses8521 Advertising 20008622 Employer’s portion of employee benefits 71008670 Amortization of tangible assets 1280008690 Insurance 300008713 Interest on mortgages 1409008715 Bank charges 127008762 Business taxes 66008810 Office expenses 58008861 Legal fees 59008863 Consulting fees 41008871 Management and administration fees 26008910 Rental 2308960 Repairs and maintenance 440009010 Other repairs and maintenance 30009060 Salaries and wages 2820009130 Supplies 145009180 Property taxes 420009225 Telephone and telecommunications 45009220 Utilities 540009281 Vehicle expenses 117009270 Other expenses 301009367 Total operating expenses 8317309368** Total expenses 15567309369*** Net non-farming income (45400)9970 Net income/loss before taxes andextraordinary items (45400)* 8519 = 8000 – 8518** 9368 = 8518 + 9367*** 9369 = 8299 – 93680001 Operating Name: Buy-it-here0002 Description of the operation: retail0003 Sequence number: 02Revenue Amount8000 Trade sales of goods and services 2750008299 Total revenue 2750008518 Cost of sales 955008519* Gross profit/loss 179500Operating expenses8521 Advertising 7508621 Group insurance benefits 4008622 Employer’s portion of employee benefits 12008960 Repairs and maintenance 3009060 Salaries and wages 210009130 Supplies 18009220 Utilities 12009367 Total operating expenses 266509368** Total expenses 1221509369*** Net non-farming income 1528509970 Net income/loss before taxes andextraordinary items 152850* 8519 = 8000 – 8518** 9368 = 8518 + 9367*** 9369 = 8299 – 93680001 Operating Name: Rent-a-thing0002 Description of the operation: equipment rental0003 Sequence number: 03RevenueAmount8140 Rental revenue 3500008299 Total revenue 350000Operating expenses8621 Group insurance benefits 5708622 Employer’s portion of employee benefits 15008960 Repairs and maintenance 8009060 Salaries and wages 300009130 Supplies 55009367 Total operating expenses 383709368 Total expenses 383709369* Net non-farming income 3116309970 Net income/loss before taxes andextraordinary items 311630* 9369 = 8299 – 9368Summary StatementRevenue Amount9970 Net income/loss before taxes and419080extraordinary items – all operations9980 Unrealized gains/losses 519309990 Current income taxes 90009999* Net income/loss after taxes andextraordinary items 462010* 9999 = 9970 + 9980 – 999028www.cra.gc.ca