Categories

Income Statement Showing Basic Categories	%	Income Statement Showing Net Revenue	%
*Operating Revenues*		*Operating Revenues*
Project Revenues	85%	Project Revenues	140%
Reimbursable Revenues	15%	Reimbursable Revenues	24%
Total Operating Revenues	100%	Total Operating Revenues	164%

*Reimbursable Expenses*	*13%*	*Reimbursable Expenses*	*22%*

*Direct Expenses*		*Direct Expenses (Excluding Direct Salary Expense)*
Direct Salary Expense	20%
Outside Services Expense	20%	Outside Services Expense	32%
Other Direct Expense	6%	Other Direct Expense	10%
Total Direct Expense	46%	Total Direct Expense	42%

		*Net Revenue from Projects*	*100%*

		Direct Salary Expense	33%

Gross Profit from Projects	41%	Gross Profit from Projects	67%

*Indirect Expenses (Overhead)*		*Indirect Expenses (Overhead)*
Indirect Salary Expense	7%	Indirect Salary Expense	15%
Other Indirect Expense	17%	Other Indirect Expense	25%
Total Indirect Expenses	24%	Total Indirect Expense	40%

Net Profit from Operations	17%	Net Profit from Operations	27%

*Other Expenses*		*Other Expenses*
Bonus	12%	Bonus	18%
Profit-sharing Contribution	6%	Profit-Sharing Contribution	9%
Non-operating Income/Expense	1%-	Non-operating Income/Expense	1%-
Total Other Expenses	17%	Total Other Expenses	26%

*Net Profit/(Loss) before Taxes*	0%	*Net Profit/(Loss) before Taxes*	1%