Exhibit 1 Income from Operations (All financial information in the case has been scaled and disguised...
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Exhibit 1 Income from Operations (All financial information in the case has been scaled and disguised for educational purposes.) UberNowhere Trucking and FreightIncome from Operations For the year ending December 31, 2013 Revenue Line Haul Fuel Surcharge Miscellaneous FYE 12/31/2013 $20,925,280 Per Mile $1.86 4,950,160 0.44 450,120 0.04 $26,325,570 $2.34 Total Revenue Variable Expenses Insurance 675,120 0.06 Fuel 8,775,190 0.78 Oil Lubricants 112,700 0.01 Tolls 112,550 0.01 Parts and Small Tools 787,630 0.07 Hourly Wages: Drivers 4,950,160 0.44 Trailer Pool Expense 255,120 0.02 Total Variable 15,638,480 1.39 Fixed Expenses Insurance General Liability 112,620 0.01 Physical Damage 225,010 0.02 Workers Compensation 226,000 0.02 Health Insurance 224,500 0.02 Security 111,750 0.01 Depreciation 2,137,500 0.19 Salaries, Benefits (Garage) 675,000 0.06 Salaries, Benefits (Office) 1,012,520 0.09 Bad Debt Expense 113,500 0.01 Permits 111,520 0.01 Rental Equipment 1,013,000 0.09 Payroll Taxes 562,500 0.05 Accounting Fees, Supplies, Computer Maintenance 112,350 0.01 Miscellaneous 337,510 0.03 Total Variable 6,975,280 0.62 Income from Operations $3,681,810 $0.33 Note: Per-mile values are based on 11,250,000 miles and have been rounded to two decimal places. Exhibit 1 Income from Operations (All financial information in the case has been scaled and disguised for educational purposes.) UberNowhere Trucking and FreightIncome from Operations For the year ending December 31, 2013 Revenue Line Haul Fuel Surcharge Miscellaneous FYE 12/31/2013 $20,925,280 Per Mile $1.86 4,950,160 0.44 450,120 0.04 $26,325,570 $2.34 Total Revenue Variable Expenses Insurance 675,120 0.06 Fuel 8,775,190 0.78 Oil Lubricants 112,700 0.01 Tolls 112,550 0.01 Parts and Small Tools 787,630 0.07 Hourly Wages: Drivers 4,950,160 0.44 Trailer Pool Expense 255,120 0.02 Total Variable 15,638,480 1.39 Fixed Expenses Insurance General Liability 112,620 0.01 Physical Damage 225,010 0.02 Workers Compensation 226,000 0.02 Health Insurance 224,500 0.02 Security 111,750 0.01 Depreciation 2,137,500 0.19 Salaries, Benefits (Garage) 675,000 0.06 Salaries, Benefits (Office) 1,012,520 0.09 Bad Debt Expense 113,500 0.01 Permits 111,520 0.01 Rental Equipment 1,013,000 0.09 Payroll Taxes 562,500 0.05 Accounting Fees, Supplies, Computer Maintenance 112,350 0.01 Miscellaneous 337,510 0.03 Total Variable 6,975,280 0.62 Income from Operations $3,681,810 $0.33 Note: Per-mile values are based on 11,250,000 miles and have been rounded to two decimal places.
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