PEI Liquor Control Commission 2018 Annual Report

Statistics Summary of Profit and Expense Ratios Two-year Comparison

(in 000s)

2018

2017

Gross Receipts

$114,030

$108,007

Gross Profit

$34,584

$33,391

Net Income

$21,378

$20,792

General and Administrative Expenses

$16,001

$15,099

Gross Profit as a Percentage of Gross Receipts

30.33%

30.92%

Net Profit as a Percentage of Gross Receipts

18.75%

19.25%

General and Administrative Expenses as a Percentage of Gross Receipts

14.03%

13.98%

Our Spending... All Profits Stay Here

5%

9%

Operating Costs:

Salaries and Benefits:

5,857

10,144

114,030

Total Sales:

41,386

44,067

36%

39%

Returned to PEI:

Cost of Product:

12,576

11%

HST & Other:

28

PEILCC 2017-2018 Annual Report