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PHILIPPINE SEVEN CORPORATION
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STORE INCOME STATEMENT
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FOR THE MONTH ENDED FEBRUARY 28, 2026
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 PSC SA PSC and SA FC1 FC2 FC3 All Stores
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Merchandise Sales - Vatable 450,445,352 1,503,473 451,948,825 - 451,948,825
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Merchandise Sales - Exempt 3,220,835 7,313 3,228,148 - 3,228,148
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Commission - Phonecards 325 - 325 - 325
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Commission - Other Services 12,073,911 46,532 12,120,443 - 12,120,443
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TOTAL SALES 465,740,423 1,557,318 467,297,741 - 467,297,741
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COST OF SALES MERCHANDISE 336,273,146 1,118,235 337,391,381 - 337,391,381
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Merchandise Gross Profit 117,393,041 392,551 117,785,592 - 117,785,592
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Commission Income 12,074,236 46,532 12,120,768 - 12,120,768
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TOTAL GROSS PROFIT 129,467,276 439,083 129,906,359 - 129,906,359
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 FRANCHISE REVENUE 36,580,557 2,089,833 6,096,842 44,767,232
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OPERATING EXPENSES:
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Salaries and Wages (10,371,052) - (10,371,052) (19,394) - - (10,390,446)
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Outsourced Services (42,069,021) (1,479) (42,070,500) 7,491 (350) (25,136) (42,088,495)
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Overtime (277,561) - (277,561) - - - (277,561)
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Other ERE (5,717,105) - (5,717,105) (15,489) - - (5,732,594)
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Total ERE (58,434,739) (1,479) (58,436,217) (27,393) (350) (25,136) (58,489,095)
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Inventory Shortage (2,121,476) (9,495) (2,130,971) - - - (2,130,971)
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Inventory Overage 927,355 - 927,355 - - - 927,355
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Bad Merchandise (8,032,714) (20,159) (8,052,872) - - - (8,052,872)
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BM Subsidy 753,749 714 754,462 - - - 754,462
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Electricity (22,838,198) (87,865) (22,926,063) (8,480,220) (303,291) (1,455,147) (33,164,721)
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Water (354,325) - (354,325) - - (17,725) (372,050)
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Communication Expense (2,301,676) (6,000) (2,307,676) (976,852) (27,000) (100,300) (3,411,828)
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Selling Supplies (3,505,880) (2,759) (3,508,639) 10,817 - - (3,497,823)
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Other Supplies (25,560) - (25,560) - - (31,998) (57,558)
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Cash Variation 124,717 (508) 124,209 - - - 124,209
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Repairs and Maintenance (7,093,038) (8,976) (7,102,014) (3,491,502) (59,115) (289,661) (10,942,293)
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Security Services (6,808,598) - (6,808,598) (4,443) - - (6,813,041)
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Service Fee - (97,169) (97,169) - (97,169)
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Other OPEX (1,777,702) (3,623) (1,781,325) (402,742) (14,893) (24,055) (2,223,015)
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TOTAL OPEX (111,488,085) (237,319) (111,725,403) (13,372,335) (404,650) (1,944,022) (127,446,410)-0.2727306357
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OPERATING INCOME/(LOSS) 17,979,192 201,764 18,180,956 23,208,222 1,685,183 4,152,820 47,227,181
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SELLING EXPENSES:
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Rent Expense (21,308,267) (84,000) (21,392,267) (7,197,154) (682,576) (1,441,384) (30,713,381)
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Rent Income 17,364 - 17,364 6,543,444 - - 6,560,809
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Amortization (6,608,346) (4,566) (6,612,912) (885,911) (27,231) (113,066) (7,639,120)
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Depreciation (11,687,387) (14,091) (11,701,478) (8,299,077) (131,459) (366,663) (20,498,677)
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Taxes and Licenses (5,307,439) (16,912) (5,324,351) (197,815) (170,733) (375,952) (6,068,851)
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Insurance Expense (34,739) (94) (34,833) - (656) (1,594) (37,083)
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Other Sellex (4,589,731) (15,410) (4,605,141) (3,690,179) (117,042) (315,997) (8,728,359)
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TOTAL SELLEX (49,518,545) (135,072) (49,653,617) (13,726,691) (1,129,699) (2,614,656) (67,124,663)
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TOTAL STORE EXPENSES (161,006,630) (372,391) (161,379,021) (27,099,026) (1,534,348) (4,558,678) (194,571,073)
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NET INCOME / (LOSS) (31,539,353) 66,692 (31,472,661) 9,481,531 555,485 1,538,164 (19,897,482)
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Late Charges: (410,940) - (410,940) (1,243,961) - - (1,654,901)
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ADJUSTED NET INCOME/(LOSS) (31,950,293) 66,692 (31,883,601) 8,237,570 555,485 1,538,164 (21,552,383)
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