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Income Statement Horizontal Analysis For the Years Ended Dec 31 2022 and December 31, 2023 Year Ended December 31 Percentage Account 2023 (Unaudited) 2022
Income Statement Horizontal Analysis For the Years Ended Dec 31 2022 and December 31, 2023 Year Ended December 31 Percentage Account 2023 (Unaudited) 2022 (Audited) Change Change Revenues Transportation Revenu Other Revenue Expenses General and Administrative 416,805 2,127 366,261 50,544 13.80% 2,345 (218) -9.30% 418,932 368,606 50,326 13.65% 63,510 62,204 1,306 2.10% B Operation and Maintenance 114,365 100,057 14,308 14.30% 4 Depreciation and amortization 119,718 115,446 4,272 3.70% 5 297,593 277,707 19,886 7.16% 6 Operating Income 121,339 90,899 30,440 33.49% 38 Interest Income and other 2,770 2,643 127 4.81% Interest Expense (47,593) (49,743) 2,150 -4.32% Income before Income Tax 76,516 43,799 32,717 74.70% - Current Income Tax Expense 18,404 17,104 1,300 7.60% Deferred Income Tax Expenses 20,284 21,329 (1,045) -4.90% 4 Net Income 37,828 5,366 32,462 604.96% Recommended Audit Action
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