Shadrach’s Financial Report for Jan.-Mar. 2005

 

(Note: These figures have not been reviewed or verified by a third party)

 

Liberian Dollars

U.S. Dollars

I:  January (Conversion @ 50:1)     

$ 384,520.00

$   5,640.00

      Salaries for Sinoe

$   85,000.00

$   1,700.00

      Salaries for Monrovia

$   35,000.00

$      600.00

      Transporting of Materials

$ 150,600.00

$   3,000.00

    Paying of block production

$   15,000.00

$      300.00

       Maintenance

$     5,000.00

$      100.00

      Plastic

$   46,320.00

$      400.00

      Fuel

$   59,520.00

$      528.00

      Water

$     9,000.00

$      100.00

 

 

 

II: February (Conversion @ 50:1)

$ 282,000.00

$   4,115.90

    Salaries for Sinoe

$   85,000.00

$   1,700.00

    Salaries for Monrovia

$   30,000.00

$      600.00

    Transporting of Materials

$   72,600.00

$   1,452.00

    Paying of block production Team

$   15,000.00

$      300.00

    Maintenance

$     3,195.00

$        64.00

 

 

 

III: March (Conversion @ 50:1)

$ 207,325.00

$   4,146.50

      Salaries for Sinoe

$   85,000.00

$   1,700.00

      Salaries for Monrovia

$   30,000.00

$      600.00

      Transporting of Materials

$   72,600.00

$   1,452.00

      Paying of block production Team

$   15,000.00

$      300.00

      Maintenance

$     4,725.00

$        95.00

 

 

 

Total funds generated Jan – Mar

$ 620,720.00

$ 12,414.40