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. As accountant, This is the best opportunity for to present before you as members of management of AYATEKE STAR COMPANY ltd and their partners the financial statement of 4 months in summary .From July to October especially income statement. it includes three key elements are income or revenues ,expenses and net profit 1. The total income: is money received, especially on a regular basis, for work or through investments, an excess of revenues over expenses for accounting period, also called earnings or gross profits. These are the income of 4 months. Year Gross profit July August September 12,903,030 14,296,300 14,457,160 October 12,138,345 Source:secondary data 2016 Gross profit 15,000,000 14,000,000 13,000,000 Gross profit 12,000,000 11,000,000 10,000,000 July August September October Interpretation The gross profit margin percentages of this company was represented as follow July was Rwf 12,903,030, August was Rwf 14,296,300, September was Rwf 14,457,160 and October was Rwf12,138,345.In October the gross profit reduced because sales of water decreased because that months located rain season the people used water delivered from floor .It caused negative impact on gross profit margin and it decreased the ability of payment of expenses and net income of company reduced. 2. The expenses: Money spent or cost incurred in an organization’s efforts to generate revenue, representing the cost of doing business. Expenses may be in the form of actual cash payments. An expense or expenditures is an outflow of money to another person or a group to pay for an item or service, or for a category of costs. These are the Amount of expenses of 4 months. Year Expenses July August September 7,135,310 14,341,950 11,171,283 Source:secondary data 2016 October 9,841,084 Expenses 16,000,000 14,000,000 12,000,000 10,000,000 8,000,000 Expenses 6,000,000 4,000,000 2,000,000 0 July August September October Interpretation The expenses percentages of this company was represented as follow July was Rwf7,135,310, August was Rwf14,341,950, September was Rwf11,171,283 and October was Rwf9,841,084.In August and September ,the expense increasing because the company expanded the activities in order to occur suitable water in all district. 3. The net income :Money received after used all expenses and this net income can called loss when its negative while can be profits when it’s positive (Richard and Margret ,1990).The total revenue in an accounting period minus all expenses during the same period. These are the income of 4 months. Formula is Net income =Total income -Expense Table 3: Net income Month July August September Gross profit 12,903,030 14,296,300 14,457,160 12,138,345 Expenses 7,135,310 14,341,950 11,171,283 9,841,084 Net income 5,767,720 (45,650) 3,285,877 2,297,261 July August September Month Source: secondary data 2016 October October Net income 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 Net income 2,000,000 1,000,000 0 July -1,000,000 August September October Interpretation The net income percentages of this company was represented as followJuly wasRwf5,767,720, August was Rwf(45,650), September was Rwf3,285,877and October was Rwf2,297,261.In October the Net income reduced because sales of water decreased because that months located rain season the people used water delivered from floor but for August and September there are increasing of expenses in order to expand the activities as especially in August; as cause of the company loss in that month. THANK YOU