F.C. OF WEST VIRGINIA, INC.,
d/b/a INTREPID USA HEALTHCARE SERVICES
Statement of Revenue and Expenses, Assets,
Retained Earnings and Balance Sheet
for the year ending December 31, 2015
(Unaudited)
Current Assets
Cash and Cash Equivalents 60,515
Accounts Receivable 105,437
Inventory –
Prepaid Expenses (2,254)
Total Current Assets 163,698
Fixed Assets 33,423
Accumulated Depreciation (35,591)
Net Property & Equipment (2,168)
Other Assets –
Total Assets 161,530
Current Liabilities
Accounts Payable (1,958)
Accrued Expenses 45,870
Accrued Payroll and Taxes 210,068
Total Current Liabilities 253,980
Long Term Liabilites
Other Long Term Liabilites 45,352
Total Long Term Obligations 45,352
Stockholders’ Equity
Common Stock –
Preferred Stock –
Additional Paid In Capital –
Treasury Stock –
Prior Years’ Earnings 92,501
Current Years Earnings (230,303)
Total Stockholders’ Equity (137,802)
Total Liabilities and
Stockholders’ Equity 161,530
Net Revenues 426,171
Total Direct Expenses 259,704
Total Operating Expenses 311,950
Total Fixed Expenses 33,639
Net Profit/ (Loss) Before Corp. Alloc. (179,122)
and Bad Debt Expense
Corporate Allocations 42,617
Bad Debt Expense 8,523
Operating Profit (Loss) (230,262)
Statement of Changes in Retained Earnings
Beginning Balance as of December 31, 2014 92,501
Current Earnings (230,262)
Ending Balance as of December 31, 2015 (137,761)
Details of the ad are available for copying and public
inspection at the Health Care Authority,
100 Dee Drive, Charleston,WV 25311
Int. August 4, 2016
235605