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Quarter 8 IndoV INDUSTRY A Co.# 1

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** INCOME STATEMENT ** ** BALANCE SHEET **
Gross Revenue (Fare .4) 1347725 Cash 938314
- Commissions 114395 Short-Term Investment 0
- Refunds(Reliability= 0.93 %) 98383 Accounts Receivable 539090
+ Interest Income 0 Total Current Assets 1477404
Net Revenue 1134947
Expenses: Aircraft:
Flight Operations 303277 Cost 2500000
Fuel 283262 - Depreciation 1150000
Maintenance 263906 Net Aircraft 1350000
Passenger Service # 1 224773 Facilities-Net 60000
Cabin Service 15153 Total Fixed Assets 1410000
Insurance 20520
Promotion & Advertising 5000
Sales Force Cost 12000 Total Assets 2887404
Add. Emp Compensation 0
Quality and Training 0
Hiring/OJT Cost 21000
Social Performance 0 Accounts Payable 409836
Market Research 0 Short Term Loans 150000
Interest Exp(net) 12229 Total Current Liab 559836
Lease Payment 0
Administrative Exp 100000 Long Term Loans 343588
Depreciation 48750 Total Liabilities 903424
Other Expense 105000
Total Operating Exp 1414870 Common Stock 2551000
Operating Profit/Loss -279923 Retained Earnings -567020
+/- Other Profits/Losses 0 Total Equity 1983980
Cargo Profit/loss less Mkting 52579
Profit Before Tax -227344 Total Liab & Equity 2887404
Less Income Tax 0
Net Profit After Tax -227344
Dividends Paid 0
Profits Retained -227344

** CASH FLOW ANALYSIS ** **OTHER DATA**

Economic Index this Qtr 98
Beginning Cash 6156 Total Aircraft/Seats 3/57
Short Term Investment 996000 Total Passengers 13,776
60% of Gross Revenue 808634 Miles Flown per day 5,400
Accounts Receivable + 920053 Maximum Mileage/day 5,400
Stock Sold &Int Income+ 0 Avail Seat Miles 8,208,000
Loan Proceeds + 0 Rev Pass Miles 3,369,314
Oth Income & A/C Sale + 0 Pass Load Factor 0.41
Cargo Income less Exp + 52579 Yield per Rev Pass Mi 0.4
Total Cash Inflow 2783423 Cost per Aval Seat Mi 0.198
Yield per Avail Seat Mi 0.164
Commissions/Refunds - 212778 Quality Index (0-100) 57
70% Of Oper Expense - 956283 Total Salespersons 1
Accounts Payable - 669036 Total Employees 82
Income Tax - 0 Employee Turnover( 8.54 %) 7
Total Loan Payments - 7011 Fuel:Spot Pr This Qtr 1.16
Purchase S-T Invest - 0 Fuel:Contract Next Qtr 1.14
Dividends - 0 Line of Credit 3,721,166
Equipment Purchase - 0 Short Term Int Rate 12%
Net Cash 938314 Shares Stock Outstnd 255,267
Overdraft Loan 0 Stock Price: Per Share 8.88
Ending Cash 938314 Earnings Per Share -0.89

** AIRLINE Simulation 4th Ed Jerald Smith and Peggy Golden(c)Prentice Hall **

Page 2 Quarter 8 ** COMPANY INFORMATION ** INDUSTRY A COMPANY 1
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*** FLEET STATUS REPORT ***

SERIAL A/C ACCUMULATED BOOK QUARTERLY

NUMBER TYPE COST DEPRECIATION VALUE LEASE COST
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1 A 700000 298000 402000 0
2 A 800000 362000 438000 0
3 A 1000000 490000 510000 0

*** MARKET RESEARCH STUDIES ***

*** NEWS MESSAGES TO YOUR FIRM INCLUDING INCIDENT FEEDBACK ***

The Chairman of the Board of Directors is very upset that your management team
did not buy enough market research this quarter.
Good News! Your firm given the Am Personnel Assoc award for EMPLOYER OF THE
REGION for integrity in employment practices.
Inexperienced employee turned a baggage truck over; 19 bags damaged.
Bad storms in the north, flooding in the west, and air traffic control
problems resulted in revenue decline for many firms this winter quarter.

*** INDUSTRY NEWS MESSAGES ***

Use Incident I next Quarter.
Forecasters are predicting increased economic activity in Mkt type C cities.

Stock Prices for Co's 1 thru 7 :

8.88 12.11 23.94 48.59 6.49 5.12 5

Total Aircraft/Total Seats for Each Co:

3/57 4/75 7/220 4/192 4/74 4/138 4/84

Current Return Return Return Debt to Daily Seat Yield/ Profit

Ratio on Sales on Eqty on Assets Equity Productivty ASM per Seat
1.99 -.262 -.017 -.41 3.024 3.64 .188 -4397

*** AIRLINE: A Strategic Management Simulation - 4th Edition(c)Prentice Hall ***

Page 3 Quarter 8 ** DAILY SALES by MARKET ** Co. # 1
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Ma Est. Note: Your firm will be in the left hand column with following format:
rk Total FltsPerDay/SeatsPerDay/FareSale/SeatsSold. Competitors will be
et Seats to the right with Format: Co#/FltsPerDay/SeatsPerDay/FareSale
# Sold Competitor's sales will not be listed. Sales are rounded.
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1 6/114/0/46 2/1/19/1 7/2/38/1
2 7/1/19/1
3 2/6/114/1
4 5/95/0/40 3/1/18/0
5
6 6/4/148/1
7 2/2/38/1
8
9 3/1/18/0 7/2/36/0
10 7/2/36/1
11 3/1/18/0
12 3/1/18/0
13 3/2/36/0
14 6/2/68/1
15 5/4/74/1
16 5/4/74/1
17 3/3/138/2* 4/4/192/2
18 5/4/74/1 6/2/74/1
19 6/2/74/1
20 3/3/138/2* 4/4/192/2
21 2/6/114/1 7/1/30/0
22 7/1/18/1
23 6/4/120/1
24 3/1/18/1
25
26 6/4/148/1
27 7/1/18/0
28 3/2/36/0
29 3/2/111/2* 4/4/192/3
30 7/1/30/0
31 7/2/36/0
32 7/2/36/0
33 3/1/18/0 7/2/36/0
34 3/2/36/0
35 3/2/36/1
Note: # = first quarter in a new market * = 2nd quarter in a new market
Note: TOTAL SEATS SOLD column will have values if $8,000 Mkt Res was purchased.