Bunker Albania.

The business plan.

Contents
Page

1. What is a business plan? 3

2. Business Data 3

3. Certificates and Licenses 4

4. What does the slogan closed cycle mean ? 6

5. Brief description of the business 9

6. Declaration of mission and vision 9

7. Mission and vision elaboration 10

11
8. Market Description
11
9. Target Market

10. Timelines of our planning in achieving the sale of quantities 12

11. Certificate of Quality EN 590 EURO Diesel 10 ppm 24

12. LPG Market 25

13. Competition 27

14. Legal structure 28

15. Organigram 29

16. Training needs 30

17. Advertising and promotion 30

18. Staff 30

19. Managing customer bad debts which lead to cash flow problems 30

20. Success in meeting target forecast 30

21. Sufficiency of resources in the main stages of development 30

1
Contents
Page

22. Investments 31

23. Our needs for support from the financial institution 34

24. SWOT analysis 35

25. Presentation of some terminal positions 36

26. Feasibility Plan 40

27. Financial Statements 51

2
1. What is a business plan?

The business plan is one of the first and most important steps in starting a new business. It is a tool that
serves to compare ideas, to set objectives, to plan the future of the enterprise and to evaluate the
realization and applicability of the idea. In addition, the business plan is an essential tool for attracting
funds and is a dynamic document which requires constant review to assist in monitoring, measuring
business performance and consequently in its progress.

2. Business Data

 Bunker Albania Sh.A.

 LTD
 Headquarters: Dëshmorët e Kombit Boulevard, Twin Towers No. 1, 12th Floor, Tirana 1001,
Albania
 Slogan: Closed Cycle
 Year of Establishment: 17.05.2010
 Status: Active
 Object of the Activity:
a) Wholesale of various fuels, oil and its by-products as well as lubricating oils, liquefied
petroleum gas for heating and related equipment, etc.
b) Exercising the activity of supplying fuel for consumption of ships only in ports and
offshore with Code VII.5.7, of type "A " - which includes type " B" of crude oil and oils,
transportation on its own and on behalf of third parties, storage, mixing, treatment, sale,
distribution, retail of fuels, coal, gas lubricants, petroleum products and petrochemicals,
including bitumen.
c) Purchase, sale, rental, construction and administration of plants, deposits and
administration of its own buildings and real estate
d) The company may perform other related activities or in function of the above object

3
3. Certificates and Licenses

3.1. Certificate of registration of Bunker Albania

3.2. License for the wholesale of oil, gas, by-products including bio and fuels

4
3.3. License for the exercise of the activity of supply of fuel, for
consumption, of ships in ports and in sea

5
 4. What does the slogan closed cycle mean ?
Bunker Albania is supplied directly to the refinery, disposes of maritime transport, a terminal in the Port
of Durres "Porto Romano" ; a terminal in the Port of Shengjin; subsidiary companies "BA Petrol" Sh.p.k.
Albania and "BA Petrol" Sh.p.k. Kosovo; Bunkering resources as well its own logistics.

Maritime Terminal in
Transportaion Porto Romano & Shengjin
Bunker Albania Bunker Albania
Sh.A. Sh.A.

SCHEME Land Transportaion

Bunker Albania
Refinery CLOSED Sh.A.
CYCLE

Fuel Points Terminal in

BA Petrol Distribution Kosovo
Transportation BA Petrol
in Kosovo - BA Petrol

1. Porto Romano terminal has a storage capacity of:

• Oil ------------------ 60 000.00 Tons
• Gasoline -------------- 20 000.00 Tons
• Gas -------------- 13 000.00 Tons
Total = 93 000.00 Tons

2. Shengjin Terminal has a storage capacity of:

• Oil ------------------ 20 000.00 Tons
• Gasoline -------------- 4 500.00 Tons
Total = 24 500.00 Tons

6
3. Company "BA Petrol" Sh.p.k. Albania has:
3.1. Fuel stations for retail sale in Albania
3.2. Ground transport for the distribution of derivatives.

4. The company "BA Petrol" Sh.p.k. Kosovo has:

4.1. Petrol Terminal in Kosovo,
4.2. LPG Bottle Filling Department
4.3. Wholesale in Kosovo
4.4. Gas stations for retail sale
4.5. Ground transport for the distribution of derivatives

5. Bunkering Sector
5.1. Wholesale at the Terminal
5.2. Retail Sales: Operations with marine vessels and tanker trucks

- What is the total demand for Marine Gasoil 01?

Since the bunkering service was not practiced (except for the supply of small vessels with tanker
trucks) the demand is estimated at 20,000 tons / month (Marina Gasoil 01).

- What is the expected market share with market entry?

Bunkering by bunker ships (at ports, sea or offshore) has so far not been offered. Bunker Albania
is the first and only licensed company based on the legislation adopted in December 2018.
Truck bunkering has been offered for two years by some companies.
Ports / Yachts / Marinas (please see note below)
There are six seaports: Durrës, Vlora, Saranda, Shengjin, Porto Romano and Petrolifera Vlora.
There is a port Marina (yachts) in Vlora and one in Saranda

The mgo price will refer to the Piraeus Stock Exchange

The selling price for trawlers is 15-20 ALL / liter; we plan to sell MGO 01 for the same price at:

• Fishing boat
• Ro / Ro passenger lines
• Any regular container line.
• Any international cruise ships that call.
• Other international ships.

7
 Data on Albanian Seaports for the calendar
year 2019
2500

2000

1500

1000

500

0
Durres Vlore Sarande Shengjin Porto Romano

Cargos Ferries Fishing boats

Total annual number in Albanian seaports 7565 ships

The number of ships sailing through the Otranto Canal is 10,000

8
5. Brief description of the business
Bunker Albania is in the industry to distribute a wide range of quality and safe diesel and other
fuel products. We are in the petroleum distribution and supply industry to make profits and we
will ensure that we do all that is permitted by the laws of the state we operate to achieve our
business aim and objectives. We will ensure that we put the right structures in place that will
support the kind of growth that we have projected.

Bunker Albania will offer:

1. Wholesale sale of petroleum products

2. Bunkering - Wholesale
3. Banking - Operations with ships and tanker trucks
4. Retail sale of petroleum products through our points of sale
5. Retail sale of LPG through our points of sale
6. Retail sale of LPG through hotel companies and other companies that use LPG for their services
7. Service with markets and restaurants in our points of sale

6. Mission and Vision statement:

The mission of Bunker Albanial is:
1. To provide quality services to our customers;
2. Provide quality products to our customers;
3. Provide guarantees at all times for our customers;
4. Offer competitive price to our customers.
Our vision :

To become one of the key players in the market in delivering quality, competitive price, and
product safety.

9
7. Mission and Vision Elaboration
Based on :

1. Skills and experiences of management staff

2. Organizational structure
3. Strategic position that we have as:

3.1. The company terminal in the port of Shengjin,

3.2. Company terminal in Porto Romano port,
3.3. Land transportation
3.4. Business relations that we have with the most eminent refiners such as Hellenic Petrolium -
Greece (Port of Piraeus - Greece), as well as SOCAR - Azerbaijan (port of Ceyhan - Turkey) and
other international operators.
 Our vision is to become the ‘go to’ petrol distribution and supply company in the region.
 Our mission is to establish a petrol distribution and supply business that will distribute a
wide range of quality fuel at affordable prices to retailers, households, industries, hotels
and restaurants in the region where we intend marketing our services and products.
Our mission and vision is divided into 3 phases:

 Phase I
Organization of work in the territory of the Republic of Albania.
Retail sale of petroleum in gas stations throughout the Republic of Albania
We claim to import 5% of the quantity within 24 months, which means that the quantity
we plan is 120 000 x 5% = 3 750 Tons / Month.
Wholesale throughout the Republic of Albania
Wholesale - Re-export in the Republic of Kosovo; Republic of Northern Macedonia;
Republic of Montenegro; Republic of Serbia etc.
We claim to import (20 to 25)% of the quantity within 24 months, which means that the
quantity we plan is = 30,000 Tons / Month.

 Phase II
Export of petroleum products (Parent Company “BUNKER ALBANIA in the Republic
of Kosovo, the Republic of northern Macedonia, the Republic of Montenegro and the
Republic of Serbia.

 Phase III
Our company is preparing projects for investments in the HYDROGEN energy sector,
in cooperation with European Union institutions.

10
8. Market Description
Based on the official statistics of the Customs and Tax Administration of Albania, it turns out
that the amount of petroleum products cleared through customs for Albania and surrounding
countries is 120,000 Tons / Month.

9. Target Market
The company BUNKER ALBANIA aims to reach the peaks of success, all this based on quality
products that we will offer in our market, this will be done based on the analysis we have done in
our country.

The market we target will be:

1. Wholesale market of petroleum products

2. Retail market of petroleum products
3. Bunkering
4. LPG market

• Wholesale market of petroleum products

Terminal sales to local companies with wholesale and re-export licenses in Kosovo, Macedonia,
Montenegro and Serbia.

• Retail market of petroleum products

Our subsidiary companies: BA Petrol Albania and BA Petrol Kosovo will have petrol selling
stations according to the time plan, and within 24 months we will have 20 stations in both
companies, and we will target construction, commercial, tourist, manufacturing, transport and
other companies. , convincing them with the quality, delivery time and great value.

11 11
10. Timelines of our planning in achieving the sale of quantities:

10.1. First Year

WHOLESALE SALE - OIL

6 Month Period 22 000.00 Ton

Second Trimester 30 500.00 Ton
Third Trimester 46 500.00 Ton
Total Yearly = 99 000.00 Ton

• From the table of calculations we have - Gross Profit = 31.50Usd / Ton

-Profit from transport = 1Lek / Lit
Gross Profits…. = 99 000.00Tonx31.5Usd ……………………… = 3.118.500,00 USD
…. = 99 000.00TonX1207.29LitX1.00Lek / 107.69 .. = 1.109.868,23 USD
--------------------------------------------------
TOTAL Gross Profit ……………………… .... = 4,223,368.23 USD

• From the calculation table we have costs at the port:

1. Portal costs ……… ....… = 3Usd / Ton ……. . = 297.000,00Usd
2. Deposit rent ……………. = 3Usd / Ton ……. . = 297.000,00Usd
3. Other port costs …… .. = 2Usd / Ton ……. = 198.000,00USD
4. Transport and staff costs ……………….. = 835,899.05Usd
5. Losses Expenditures Year I …………………… = 1,627,899.05Usd
6. Net profit 4. = 4,223,368.23 -1,627,899.05 ……. = 2,600,469.18Usd

RETAIL SALE OF OIL

6 Month Period 490.00 + 1 800.00 = 3 290.94Ton

Second Trimester 1 490.00 + 1 500.00 = 2 990.94Ton
Third Trimester 2 683.69 + 3 000.00 = 5 683.69Ton
Total Yearly = 11 965.96Ton

• From the table of calculations we have - Gross Profit:

5,665.57 * 1207.28X25.00 / 107.69 = 1.587.888,48Usd / Ton
6.300,00 * 1207.28X10.00 / 107.69 = 706,279.78Usd / Ton
--------------------------------- --------------------------------------------------
Total Gross Profit…………………………. = 2,294,168.27Usd

• From the calculation table we have expenses:

1. Rental Expenses ……… .... …………………. . = 250,719.66Usd
2. Other costs at gas stations -
3. Tax etc. ………………………………. . = 50,143.93Usd
4. Staff expenses …………………. ………… .. = 245.705,27Usd
5. Total Yearly Expenditures = 546,571.86Usd
6. Net Profit …………………… = 2,294,168.27 - 546,571.86 = US $ 1,747,597.00

12 12
 Timelines of our planning in achieving the sale of quantities:

BUNKERING
Wholesale
6 Months Period 6X400 = 2 400.00Ton
Second Trimester 3X500 = 1 500.00Ton
Third Trimester 3X750 = 2 250.00Ton
Total Yearly = 6 150.00Ton
• From the table of calculations we have - Gross Profit:
6.150, .. X80 ………. = 492.000,00Usd / Ton
-------------------------------------------------
Total Gross Profit……. = 492,000.00Usd / Ton

• From the calculation table we have costs at the port:

1. Transport and staff costs… 12x15 000.00 …… .. = 180.000,00Usd
2. Total Yearly Expenditures ……………………………… = 180.000,00Usd
3. Net profit 49 = 492.000,00- 180.000,00 = 312.000,00Usd

BUNKERING
Operations with ships and tunker trcuks

6 Months Period 6X1 000 = 6 000.00Ton

Second Trimester 3X2 000 = 6 000.00Ton
Third Trimester 3X3 000 = 9 000.00Ton
Total Yearly = 21 000.00Ton
• From the table of calculations we have - Gross Profit:
21,000.00 X 150 ………. = 3,150,000.00Usd / Ton
--------------------------------------------------
Total Gross Profit……. = 3,150,000.00Usd / Ton

• From the calculation table we have costs at the port:

1. Transport and staff costs… 12x35 000.00 …… .. = 420.000,00Usd
2. Total Yearly Expenditures = 420.000,00Usd
3. Net Profit …………………… = 3.150.000,00 - 770.000,00 = 2.730.000,00Usd

13
Timelines of our planning in achieving the sale of quantities:

RETAIL SELLING GASOLINE

6 Months Period 6X5 Stations X 6000 = 180 000,00 Liters

Second Trimester 3X8 Stations X 6000 = 144 000.00 Liters
Third Trimester 3X12 Stations X 6000 = 216 000,00 Liters

Total Yearly = 540.000,00 Liters

• From the table of calculations we have - Gross Profit 25 Lek / Lit:
540,000.00 x 25 / 107.69 = 125,359.80Usd
--------------------------------------------------
Total Gross Profit ……………………………………. = 125,359.80Usd

• From the calculation table we have expenses:

1. Rental Expenses ……… .... …………………………. = 0.00Usd
2. Other costs at gas stations -
3. Tax etc. .... = 0.00Usd
4. Staff costs …………………. …………………… = 0.00Usd
5. Total Yearly Expenditures ……………………………… = 0.00Usd
6. Net Profit ………………… = 2,294,168.27 - 546,571.86 = 125,359.80Usd

RETAIL SELLING LPG

6 Months Period 6X5 Stations X 6000 = 180 000,00 Liters

Second Trimester 3X8 Stations X 6000 = 144 000.00 Liters
Third Trimester 3X12 Stations X 6000 = 216 000,00 Liters

Total Yearly = 540.000,00 Liters

• From the table of calculations we have - Gross Profit 25 Lek / Lit:
540,000.00 x 10 / 107.69 = 50,143.93 Usd
--------------------------------------------------
Total Gross Profit ……………………………………. = 50,143.93Usd

• From the calculation table we have expenses:

1. Rental Expenses ……… .... …………………………. = 0.00Usd
2. Other costs at gas stations -
3. Tax etc. .... = 0.00Usd
4. Staff costs …………………. …………………… = 0.00Usd
5. Total Yearly Expenditures ……………………………… = 0.00Usd
6. Net Profit …………………… = 2,294,168.27 - 546,571.86 = 50,143.93 Usd

14
 Timelines of our planning in achieving the sale of quantities:

RECAPITULATION YEAR I

Profit NET Wholesale Oil…………………..................................... = 2,600,469.18 USD

Profit NET Retail Sale Oil …………………….............................= 1,747,597.00 USD
Profit NET Bunkering -Wholesale… ..........................................= 312.000,00 USD
Profit NET Bunkering - Operation with ships & tanker trucks = 2.730.000,00 USD
Profit NET Retail Gasoline……………………................................= 125.359,80 USD
Profit NET Retail LPG …………………………........................ = 50.143,93 USD

Total Profit Year I = 7.565.569,73 USD

15
Timelines of our planning in achieving the sale of quantities:

10.2. Second Year

WHOLESALE SALE - OIL

First 6 Months 126 000.00Ton
Second 6 Months 165 500.00Ton
Total Year II…. = 291.500,00Ton
• From the table of calculations we have - Gross Profit = 31.50Usd / Ton
-Profit from transport = 1Lek / Lit
Gross Profits…. = 291.500,00Tonx31.5Usd …………………… ... = 9.182.250,00 USD
…. = 291.500,00TonX1207.29LitX1.00Lek / 107.69 .. = 3.267.918,8 USD
--------------------------------------------------
TOTAL Gross Profit ……………………… .... = 12,450,168.28 USD

• From the calculation table we have costs at the port:

1. Portal costs ……… ....… = 3Usd / Ton ……. . = 883,500.00Usd
2. Deposit rent ……………. = 3Usd / Ton ……. . = 883,500.00Usd
3. Other port costs …… .. = 2Usd / Ton ……. = 589,000.00Usd
4. Transportation and staff costs ……………… .. = 3,301,583.31Usd
5. Losses Expenditures Year II ……………………………… = 5,657,583.31Usd
6. Net profit ………......= 12,450,168.28Usd -5,301,583.31 = 6,148,584.94Usd

RETAIL SALE - OIL

First 6 Months 7 827.44 + 9 000.00 = 16.827,44Ton
Second 6 Months 11 927.52 + 12 000.00 = 23.927,52Ton
Total Year II…. = 40,754.96 Ton
• From the table of calculations we have - Gross Profit = 31.50Usd / Ton
-Profit from transport = 1 Lek / Lit
• From the table of calculations we have - Gross Profit:
19.754,95 * 1207.28X25.00 / 107.69 = 5.536.670,55Usd / Ton
21.000,00 * 1207.28X10.00 / 107.69 = 2.354.246,45Usd / Ton
--------------------------------------------------
Total Gross Profit ……………………………………. = 7,890,917.00Usd

• From the calculation table we have expenses:

1. Rental Expenses ……… .... …………………. . = 585,012.54Usd
2. Other costs at gas stations -
3. Tax etc. ………………………………. . = 117.002,51Usd
4. Staff expenses ………………….………… .. = 573.312,29Usd
5. Losses Expenditures Year II ………………………… = 1,275,327.33Usd
6. Net Profit ………… = 7,890,917.00 - 1,275,594.33 = 6,615,657.67USD

16
Timelines of our planning in achieving the sale of quantities:

BUNKERING
Wholesale

First 6 Months IV 6X900 = 5 400.00Ton

Second 6 Months 6X1000 = 6 000.00Ton
Total Year II…. = 10 400.00Ton
• From the table of calculations we have - Gross Profit:
11,400.00, .. X80 ………. = 912,000.00Usd / Ton
-------------------------------------
Total Gross Profit……. = 9122.000,00Usd / Ton

• From the calculation table we have costs at the port:

1. Transport and staff costs… 12x15 000.00 …….... = 180.000,00Usd
2. Total Expenditures Year II ……………… = 180.000,00Usd
3. Net profit …………… = 912.000,00- 180.000,00 = 732.000,00Usd

BUNKERING
Operations with ships and tanker trucks

6 Months Period 6X1 000 = 6 000.00Ton

Second Trimester 3X2 000 = 6 000.00Ton
Third Trimester 3X3 000 = 9 000.00Ton
Total Yearly = 21 000.00Ton
• From the table of calculations we have - Gross Profit:
21,000.00 X 150 ………. = 3,150,000.00Usd / Ton
--------------------------------------------------
Total Gross Profit……. = 3,150,000.00Usd / Ton

• From the calculation table we have costs at the port:

1. Transport and staff costs… 12x35 000.00 …… .. = 420.000,00Usd
2. Total Expenditures Year II= 420.000,00Usd
3. Net Profit …………………… = 3.150.000,00 - 770.000,00 = 2.730.000,00Usd

17
Timelines of our planning in achieving the sale of quantities:

RETAIL SELLING GASOLINE

First 6 Months 6X15 Stations X 6000 = 540 000,00 Liters

Second 6 Months 6X20 Stations X 6000 = 720 000,00 Liters
Total Year II = 1.260.000,00 Liters
• From the table of calculations we have - Gross Profit 25 Lek / Lit:
1,260,000.00 x 25 / 107.69 = 292,506.27Usd
--------------------------------------------------
Total Gross Profit ……………………………………. = 292,506.27Usd

• From the calculation table we have expenses:

1. Rental Expenses ……… .... …………………………. = 0.00Usd
2. Other costs at gas stations -
3. Tax etc. .... = 0.00Usd
4. Staff costs …………………. …………………… = 0.00Usd
5. Total Expenditures Year II ………………= 0.00Usd
6. Net Profit …………= 292,506.27 - 0.00 = 292,506.27Usd

RETAIL SELLING LPG

First 6 Months 6X15 Stations X 6000 = 540 000,00 Liters

Second 6 Months 6X20 Stations X 6000 = 720 000,00 Liters

Total Year I =. = 1.260.000,00 Liters

• From the table of calculations we have - Gross Profit 10 Lek / Lit:
1,260,000.00 x 10 / 107.69 = 117,002.51 Usd
--------------------------------------------------
Total Gross Profit ……………………………………. = 117,002.51Usd

• From the calculation table we have expenses:

1. Rental Expenses ……… .... …………………………. = 0.00Usd
2. Other costs at gas stations -
3. Tax etc. .... = 0.00Usd
4. Staff costs …………………. …………………… = 0.00Usd
5. Expenditures Expenditures Year II …………...... = 0.00Usd
6. Net Profit…………………… = 117.002,51 - 0.00= 117.002.51 Usd

18
 Timelines of our planning in achieving the sale of quantities:

RECAPITULATION YEAR II

Profit NET Wholsale Oil………………....................................... = 6.148.584.94Usd

Profit NET Retail Sale Oil ………………................................ ……. = 6.615.657Usd
Profit NET Bunkering -Wholesale ……...............................= 652.000,00Usd
Profit NET Bunkering - Operation with ships & tanker trucks = 7.680.000,00Usd
Profit NET RETAIL Gasoline ...................................................... .. = 292.506,27Usd
Profit NET Retail LPG ……………………................................= 117.002.51 Usd

Total Profit YEAR II …… = 21.505.571,42USD

19
Timelines of our planning in achieving the sale of quantities:

10.3. Third Year

WHOLESALE SALE - OIL

12 Months Period 360 000.00Ton

Total Year III…. = 360.000,00Ton
• From the table of calculations we have - Gross Profit = 31.50Usd / Ton
-Profit from transport = 1Lek / Lit
Gross Profits…. = 360.000,00Tonx31.5Usd …………… 11.340.000,00USD
= 360.000,00TonX1207.29LitX1.00Lek / 107.69 .. = 4.035.891,32USD
--------------------------------------------------
TOTAL Gross Profit Gross ……………= 15,375,891.32Usd

• From the calculation table we have costs at the port:

1. Portal costs ……… ....… = 3Usd / Ton ……. . = 1,080,000.00Usd
2. Deposit rent ……………. = 3Usd / Ton ……. . = 1,080,000.00Usd
3. Other port costs …… .. = 2Usd / Ton ……. = 720.000,00Usd
4. Transportation and staff costs ……………… .. = 4,035,884.48Usd
5. Losses Expenditures Year III…………………… = 6.915.576.31Usd
6. Wholesale Net Profit….… = 15,375,891.32 - 6,915,576.31 =. = 8,460,315.01 USD

RETAIL SALE - OIL

12 Months Period 23 855.04 + 24 000.00 = 47.855,04Ton

Total Year III…. = 47,855.04 Ton
• From the table of calculations we have - Gross Profit:
23.855,04 * 1207.28X25.00 / 107.69 = 6.685.790,86Usd / Ton
24.000,00 * 1207.28X10.00 / 107.69 = 2.690.567,40Usd / Ton
-------------------------------- --------------------------------------------------
Total Gross Profit ……………………………………. = 9,376,358.22Usd

• From the calculation table we have expenses:

1. Rental Expenses ……… .... …………………. . = 655.214,04Usd
2. Other costs at gas stations -
3. Tax etc. ………………………………. . = 133.717,15Usd
4. Staff expenses …………………. ………… .. = 668.585,76Usd
5. Losses Expenditures Year I ………………………… = 1,457,516.95Usd
6. Net Profit ………… = 9,376,358.22 - 1,457,516.95 =. = 7,918,841.27 USD

20
Timelines of our planning in achieving the sale of quantities:

BUNKERING
Wholesale

12 Month Period 12X1000 = 12 000.00Ton

Total Year III = 12 000.00Ton
• From the table of calculations we have - Gross Profit:
12.000,00 .. X 80 ………. = 960.000,00Usd / Ton
--------------------------------------------------
Total Gross Profit……. = 960.000,00Usd / Ton

• From the calculation table we have costs at the port:

1. Transport and staff costs… 12x15 000.00 = 180.000,00Usd
2. Total Expenditures III year = 180.000,00Usd
3. Net Profit ……= 960.000,00- 180.000,00 = 780.000,00Usd

BUNKERING
Operations with ships and tanker trucks

12 Month Period 12X5 000 = 60 000.00Ton

Total Year III = 60 000.00Ton
• From the table of calculations we have - Gross Profit:
60.000,00 X 150 ………. = 9.000.000,00Usd / Ton
--------------------------------------------------
Total Gross Profit……. = 9.000.000,00Usd / Ton

• From the calculation table we have costs at the port:

1. Transport and staff costs… 12x35 000.00 …… .. = 420.000,00Usd
2. Total Expenditures III year = 420.000,00Usd
3. Net Profit ………… = 9,000,000.00 - 770,000.00 = 8,580,000.00Usd

21
Timelines of our planning in achieving the sale of quantities:

RETAIL SELLING GASOLINE

12 Months Period 12X20 Point X 6000 = 1.440. 000,00 Liters

Total 3rd Year…. = 1.440.000,00 Liters

• From the table of calculations we have - Gross Profit 25 Lek / Lit:
1.440.000,00 x 25 / 107.69 = 334.292,88Usd
-------------------------------------------------- --------------

Total Gross Profit ……………………………………. = 334,292.88Usd

• From the calculation table we have expenses:
1. Rental Expenses ……… .... …………………………. = 0.00Usd
2. Other costs at gas stations -
3. Tax etc. .... = 0.00Usd
4. Staff costs …………………. …………………… = 0.00Usd
5. Expenditures Expenditures Year I ………………= 0.00Usd
6. Net Profit …………………… = 334.292.88 - 0.00 = 334.292,88Usd

RETAIL SELLING LPG

12 Months Period 12X20 Stations X 6000 = 1.440. 000,00 Liters

Total Year III = 1.440.000,00 Liters

• From the table of calculations we have - Gross Profit 25 Lek / Lit:
1,440,000.00 x 10 / 107.69 = 133,717.15 Usd
--------------------------------------------------
Total Gross Profit ……………………………………. = 133,717.15Usd
• From the calculation table we have expenses:

1. Rental Expenses ……… .... …………………………. = 0.00Usd

2. Other costs at gas stations -
3. Tax etc. .... = 0.00Usd
4. Staff costs …………………. …………………… = 0.00Usd
5. Expenditures Expenditures Year I ………………= 0.00Usd
6. Net Profits …………………… = 133,717.15 - 0.00 ……. = 133,717.15 Usd

22
Timelines of our planning in achieving the sale of quantities:

RECAPITULATION YEAR III

Profit NET Wholesale Oil………………….… ............................. = 8.460.315,01Usd

Profit NET Retail Sale Oil ………………… ................................= 7.918.841,27 Usd
Profit NET Bunkering-Wholesale …… ..........................................= 780.000,00Usd
Profit NET Bunkering Operations with ships and tanker trucks = 8.580.000,00Usd
Profit NET Retail GASOLINE ................ ...................................... ............= 334.292,88Usd
Profit NET Retail LPG …………………………… ............................ = 133,717.15 Usd

Total Profit YEAR III ……… .. = 26.207.166,31USD

23
 11. Certificate of Quality EN 590 EURO Diesel 10 ppm

CERTIFICATE OF QUALITY EN
590 - Euro diesel -10 ppm
TESTS unit MIN MAX
Cetane number 51
Cetane index 46
Density (at 15 deg C) Kg/m3 820 845
Density (at 15 deg C) (in air) Kg/m3
Poltcycline aromatic hydrocarbone %(m/m) 8
Sulphur conect mg/Kg 10
Flash point deg C >55
Carbon residue ( on 10% distillation residue %(m/m) 0.15
Ash conect %(m/m) 0.01
Water Conect mg/Kg 200
Total contamination mg/Kg 15
Cooper atrip corrosion ( 3h at 50 degC) rating
Oxidation Stability g/m3 20
Oxidation Stability_hours h 20
Lubricity corr. Wear acar diam.(wad1 . 4) at 60 micron 460
Viacosity at 40 deg C mm2/s 2 4.5
Distillation: recovered at 250 deg C % (V/V) <65
Distillation: recovered at 350 deg C % (V/V) 85

Distillation: 95 % (V/V) recovered at deg C 360

Fatty acid metgyl oster (FAME_ oontent % (V/V) 0.2

Distillation: recovered at 150 deg C % (V/V) 2

Neutralizing number mgKOH/g 0.3
colour 2
Conductivity PS/M 50
CFPP (15 November - 15 March) deg C -26
Could Point deg C 0

24
 12. LPG Market
Given the current trade in Kosovo of LPG, and in particular that with LPG cylinders, which is
done in the most amateurish and unprofessional and unsafe form and in violation of
applicable laws, as well as the opportunities offered by our terminal.
We will start with filling and testing the cylinders professionally in accordance with applicable
standards and laws.
Timelines of our planning in achieving the sale of quantities of:

LPG
Retail
Quantity Monthly sales
Ton/Month Daily sales at Ton/Month in Canisters
L/Station Ton/Month

6 Months
term 600 200 14.85 300
9 Months
term 1000 250 18.5625 500
12 Months
term 1500 300 22.275 750
18 Months
term 2000 350 25.9875 1000
24 Months
term 3000 400 29.7 1500

25
Quality Charts of the LPG products

Propane Quality Chart

Specific Gravity of Liquid LPG-Propane 0.495

Calorific value, MJ/Kg 46.34
LPG - Propane Boiling Point -42 °C
Auto ignition temperature, °C 510 ºC
Propane Flame Temperature 1980 ºC
Flame speed, m/s 0.4
Stoichiometric air/ful,kg/kg 15.8
Lower flammability limit, vol.% 2.1
Pupper flammability limit, vol.% 9.5
Octane number 111

Bhutan Quality Chart

Specific Gravity of Liquid LPG-Butane 0.585
Calorific value, MJ/kg 45.56
LPG -Butane Boiling Poin -0.5 °C
Auto ignition temperature, °C
490 ºC
Butane Flame Temperature 1775 ºC
Flame speed, m/s 0.4
Stoichiometric air/ful,kg/kg 15.6
Lower flammability limit, vol.% 1.5
Pupper flammability limit, vol.% 8.5
Octane number 103

26 26
13. Competition
In our country recently we are dealing with an unfair competition, rude and undesirable by
citizens and companies in general.
We will avoid this by offering quality, service, accuracy and reasonable prices at all times.
Our advantages in relation to other competing companies will be :

13.1. Competition - Wholesale

Competition Bunker Albania

1 Supplied by second The parent company Bunker Albania is

and thirdcompanies supplied directly to the refinery, has
maritime transport and the Terminal in
Porto Romano and the Port of Shengjin

2 Product price increase We have an advantage in the

competitiveprice

3 There is no continuous We offer continuous assurance on the

assurance on the quality of the quality of the products we offer.
products they offer.

The parent company BUNKER ALBANIA is supplied directly to the refinery, has maritime transport,
Terminals in Porto Romano and the Port of Shengjin, as well as its own transportation logistics.
The subsidiary companies BA Petrol Albania and BA Petrol Kosovo are supplied to the Terminals of
the parent company BUNKER ALBANIAin Porto Romano and in the port of Shengjin.
The location of the terminals in relation with the distribution chains shortens the distance and creates
advantages such as:

• Costly Efficient
• Faster Delivery Speed
• Security in supplies

27 27
 13.2. Competition - Retail

Competition Bunker Albania

1 They are supplied by various

domestic and foreign companies Supplied in the Terminals of the
inAlbania, North Macedonia, Greece, company "BUNKER ALBANIA" sh.a in
Bulgaria, etc., and this affects the Porto Romano and in Shengjin.
significant increase of the supply
price.

2 There is no continuous assurance in We offer continuous assurance in the

the quality of the products they quality of the products we offer,
offer because the supply to their because we are the first hand in every
points goes through several hands. case.

Our competitive advantage

Bunker Albania is launching a standard diesel distribution and supply business that will indeed
become the preferred choice in the region. Our competitive advantage revolves around our
ability to attract local support and patronage, easy compliance with government regulations
and having a loyal customer base.
One thing is certain; we will ensure that we have diesel and other fuel products available in our
warehouse at all times. One of our business goals is to make our company a one stop diesel
distribution and supply company. Our excellent customer service culture, timely and reliable
delivery services, online presence, and various payment options will serve as a competitive
advantage for us.
Lastly, our employees will be well taken care of, and their welfare package will be among the
best within our category in the industry meaning that they will be more than willing to build
the business with us and help deliver our set goals and achieve all our aims and objectives. We
will also give good working conditions and commissions to freelance sales agents that we will
recruit from time to time.

14. Legal Structure

BUNKER ALBANIA SH.A. is a limited company established in accordance with the legal
provisions of the Republic of Albania
Ltd. tax liabilities are realized in accordance with the relevant law in force.

28 28
 15. Organigram

Payments
Finance
Bills
Administration Accounting

Logistics Goods

Legal Department Marine Transportation

Refinery- Porto Romano/
Shengjin
Supply from imports
Rail Transportation
Thessaloniki - Kosovo
Logistics
Transportation of petrol
products to sales points
Executive Director General Manager Distribution
Transportation of LPG to
sales points

Facility Security

Maintenance and
Safety
Facility Maintenance

29
16. Training needs
Our company will pay great attention to the matter of training additional professional
and technical staff necessary for our business. This will help us identify staff deficiencies and
skills, and also allow us to gather information about the training and funding needed.
Also the constant trainings of the staff at our company, whether professional or technical, will help
increase profits and decrease the possibility of mistakes at work.

17. Advertising and Promotion

11.1 The first step started with visits and talks with all oil companies, introducing them to our quality,
commitment and accuracy in cooperation, providing a guarantee for the quality of every milliliter of
fuel that we will offer.
11.2 The wonderful design of our logo, our gas stations, our service vehicles and our opportunities to
offer maximum innovation and security in all departments.

18. Staff
Although the staff of Bunker Albania has excellent experience in the field of petroleum products, the
necessary additional staff is required. We will make sure that we hire people that are qualified, honest,
customer centric and are ready to work to help us build a prosperous business. As a matter of fact,
profit-sharing arrangement will be made available to all our senior management staff and it will be
based on their performance for a period of ten years or more.

19. Managing customer bad debts which lead to cash flow problems
One of the main risks that we believe we will encounter during our activity, will be the bad debts of
customers which will lead us to the problem of cash flow.
Having a proper and sufficient information about our clientele, is essential in this business.
The payment policy adopted by Bunker Albania is all inclusive because we are quite aware that
different customers prefer different payment options as it suits them but at the same time, we will
ensure that we abide by the financial rules and regulation of the country we operate. Also we have
chosen banking platforms that will enable our client make payment for diesel and other fuel products
purchase without any stress on their part.

20. Success in meeting target forecast

We as a company aim to penetrate not only the Albanian market but also the neighboring markets, the
only thing that could be an obstacle in our company is unfair competition which could affect the time
to meet our objectives and sales. Under no circumstances we will fail to achieve our goals.

21. Sufficiency of resources in the main stages of development

One of the advantages that we as a company will have will be the continuous supply of products, due to
the inseparable supply that we will have from the main headquarters.
In addition, we have made external understanding agreements with very large foreign companies such
as Turkish, Greek, Azerbaijani companies, etc., from which we will also be supplied with high quality
products.

30
22. Investments
For the work process to be successful and customer service to be at the maximum acceptable
level, based on the experience of Shareholders, management staff, and professional analysis, the
list of investments has been compiled. Investments that BA Petrol will make in the work chain
is divided into 2 departments:

1. Department of Petroleum Products… Table 1

2. LPG Department at the terminal in Kosovo… .Table 2

Based on the fact that LPG derivatives, in our country are sold in a manner not in accordance
with technical rules such as:
• Filling the cylinders in the open and without any security measures
• Filling cylinders in the open by unprofessional workers
• Filling the cylinders in the open and without any testing of the cylinders, etc.

We plan to do the filling and transportation at our BA Petrol Terminal, where a considerable
amount of modern equipment is installed.

31
 INVESTMENTS PETROL DEPARTMENT

Tools needed for the Petrol Department Price per unit Unit No. Total Cost USD
USD
Purchase of the terminal in Porto
25,000,000.00 1 25,000,000.00
Romano with a capacity of 93,500 tons

Purchase of the terminal in Shengjin with

6,200,000.00 1 6,200,000.00
a capacity of 24,500 tons

Purchase of the Bunkering Ship with a

4,300,000.00 1 4,300,000.00
capacity of 2,400 Tons

Purchase of Tanker for Maritime

7,500,000.00 1 7,500,000.00
Transport with a capacity of 12,000 Ton

Purchase of tanker trucks (truck and

Cisterns), for the transport of petroleum
products with a capacity of 35,000 liters 180,000.00 20 3,600,000.00

Tanker trucks for the transport of

petroleum products with a capacity of 100,000.00 10 1,000,000.00
15,000 liters

Purchase of tanker trucks (truck and

Cisterns), for the transport of LPG with a
capacity of 44,000 liters 200,000.00 3 600,000.00

Tanker trucks for the transport of LPG

120,000.00 2 240,000.00
with a capacity of 15,000 liters

Vehicles for management staff 30,000.00 10 300,000.00

Unforeseen investments in Porto Romano

Terminal 5% of the value of the Terminal 1,250,000.00 5% 1,250,000.00

Purchase of the terminal in Shengjin with

7,000,000.00 1 7,000,000.00
a capacity of 24,500 tons

Unforeseen investments in Shengjin

Terminal 5% of the value of the Terminal 350,000.00 5% 350,000.00
57,340,000.00 $

32
 Forecasts - Further
investments 2022/2023/2024
Shengjin terminal

Tools needed for the Petrol Department Price per unit Unit No. Total Cost USD
USD

Addition of Reservoirs in Terminal

1,150,000.00 2 2,300,000.00 $
2 x 15,000 tons

2,300,000.00 $

INVESTMENTS LPG DEPARTMENT

Tools needed for the LPG Department Price per unit USD Unit No. Total Cost
USD
Purchase and installation of automatic
bomb filling line, transport, assembly
and testing 250,000.00 1 250,000.00

Autobots for transporting 35,000 liters of

LPG 60,000.00 2 120,000.00

Autobots for transporting LPG 15,000 liters 30,000.00 1 30,000.00

12ton transport truck 25,000.00 2 50,000.00
Transport truck (3 to 5) tons 15,000.00 7 105,000.00
Bombola 8.0 Lit Propane = 3.0Kg 10.00 2500 25,000.00
Bombola 12.5 Lit Propane = 5.0Kg 12.00 2500 30,000.00
Bombola 18.2 Lit Propane = 7.5Kg 14.00 3000 42,000.00
Bombola 24.5 Lit Propane = 10.0Kg 17.00 10000 170,000.00
Bombola 33.5 Lit Propane = 14.0Kg 20.00 7000 140,000.00
962,000.00 $

33
23. Our needs for support from the financial institution

For our mission and vision to be fully realized we need the support of a
financial institution.
The loaned amount will be utilized to finance part of the investments in
the petrol department as described in Table 1.
The other part will be financed by our personal finances.

The amount we request support from your financial institution, is

40,000,000.00 USD

34
24. SWOT Analysis

 Strength  Weakness
 Bunker Albania, has its deposits in  The company Bunker Albania, does not
Porto Romano and Shengjin foresee weaknesses except the fact that
 Has the logistics for sea transportation it is a newly established company-START
 The security we offer in the quality of UP.
theproducts.
 Transport capacity for delivery of
goodsfrom point to point.
 Stability in material supply.
 Opportunities  Threats
 The possibility to always be supplied  Just like any other business, one of the
with goods, due to the parent company major threats that we are likely going
which is located in Albania, with a landfill in to face is economic downturn. It is a
the port of Shengjin and Porto Romano. fact that economic downturn affects
purchasing / spending power.
 Opportunities for establishing
agreements with other economic operators,
both in wholesale and retail supply.
 Opportunities to penetrate regional
markets.

35
25. Presentation of some terminal positions

25.1 Location of the terminal in Porto Romano

25.2 Location of the terminal in Shengjin

36
26.3 Terminal in Porto Romano

26.4 Terminal in Shengjin

37
26.5 Staff visit to the terminal

26.6 Staff visit to the terminal

38
26.7 Petrol pumping station

26.8 Fuel Delivery Pumping Station

39
Feasibility Plan

40
27. Feasibility Plan
Feasibility analysis means the process of defining and developing the potential impact, whether
positive or negative, on a project or proposed business idea. Feasibility analysis answers the
question; "Should we continue with the proposed idea?"

Based on:

1. Necessary chain of work progress (Refinery to Final Buyer - Customer)

2. Scheme of our Slogan Closed Cycle

Our project will continue and will have the projected success.

Market Analysis Petroleum Products

Quantity of petroleum products consumed by

the region
6,000,000
4,800,000
5,000,000
4,000,000
3,000,000
2,000,000
900,000 840,000
600,000
1,000,000 75,000 70,000
360,000 400,000
50,000 30,000
0
Albania Kosovo Macedonia Montenegro Serbia

Monthly amount Annual amount

Based on official customs statistics of Kosovo, it turns out that the amount of petroleum

products imported into Kosovo is 50 000 Ton / Month = 600 000 Ton / Year

41
 Detail of Sales, Expenses, Profits

1. Wholesale of petroleum products is calculated in Table 3

2. Retail sale of petroleum products calculated in Table 4

3. Bunkering- Wholesale - calculated in Table 5

4. Bunkering - Retail - calculated in Table 6

5. The total market of petroleum products is calculated in Table 7

6. Monthly costs of petroleum products are calculated in Table 8

7. The wholesale market of GASOLINE is calculated in Table 9

8. The LPG retail market is calculated in Table 10

42
TABLE 3

PETROL WHOLESALE

Port Expense, Sales price

Amount of Supply price Net Profit
Shipping USD / Shipping cost + Deposits Other Cost of liquid in USD / Ton according to
FobMed Density liquid Liter / Exchange Rate according to the Liquid USD / Gross profit created in
Ton Broker USD / Ton Expenses (3 + 3 + 2) Deposits the formula
Ton USD / LEK formula FOB + 5 Lit created USD / Ton USD / Ton
USD / Ton FOB + 25 +
Escalation

545.50 0.8283 1,207.29 107.69 550.50 8 558.50 0.4626 582.0023 31.50 23.50

Total Net Profit

Total Net Profit Generated
Profit in Total NET Profit generated by
Gross profit Expenses in by Wholesale in the Last
Quantity TON / Transport = 1 LEK generated by Wholesale on time
created wholesale in LEK Month of Time Frame (6; 9;
Month / LIT Wholesale in LEK (6; 9; 12; 18; 24)
Wholesale LEK 12; 18; 24) USD
monthly USD

6 Months Period 1000 deri 7000 26,560,424.97 101,195,029.52 37,004,270.77 64,190,758.75 596,069.82 99,344.97
11000 deri
9 Months Period 12000 36,822,407.34 140,293,109.11 50,677,160.00 89,615,949.11 832,165.93 277,388.64
13000 deri
12 Months Period 17000 56,139,080.04 213,889,494.22 87,627,018.46 126,262,475.76 1,172,462.40 390,820.80
18000 deri
18 Months Period 25000 155,740,673.67 518,736,250.37 252,515,203.08 266,221,047.29 2,472,105.56 412,017.59
26000 deri
24 Months Period 30000 199,806,833.27 761,262,608.45 381,558,895.38 379,703,713.06 3,525,895.75 587,649.29

* Based on the official statistics of the Albanian customs, the amount of oil derivatives imported in Albania, for the needs of the country and Re-export in Kosovo; Macedonia; Montenegro etc. is 120 000 Tons / Month.
* Our plans are divided into 5 timelines: 1) 6 Months 2) 9 Months 3) 12 Months 4) 18 Months 5) 24 Months
* This results in:
1) 6 Month deadline to take 5.8% of wholesale market;
2) 9 Month deadline to take 10% of wholesale market;
3) 12 Month deadline to take 14% of wholesale market;
4) 18 Month deadline to take 20% of wholesale market;
5) 24 Month deadline to take over 25% of wholesale market;

43
TABLE 4

PETROL RETAIL SALES

Cost of liquid in Cost of liquid in
Cost of liquid in Cost of
Exchange TERMINAL Fob TERMINAL Fob + Retail Profit at
Excise Carbon Tax TERMINAL Fob + Transportation Price at Gas Station LEK /
FobMed Density 1 Ton= Rate TQK Lek/Lit + 27 + Escal. 27 + Escal. Tvsh of Liquid Gas station LEK
Lek/ Lit Lek / Lit 27 + Escal. without TERMINAL-Gas LIT
Usd/Lek without VAT Lek without VAT Lek / LIT
VAT USD / Ton station
/ Ton / Lit

545.50 0.8283 1,207.29 107.69 37 27 3 584.04 62,895.55 52.10 23.82 1.00 25 168.92

Monthly sales Total NET

Profiti i krijum
Daily Monthly in Profit
BRUTO nga shitja
Daily sales sales at sales at Commercial, Total NET generated in
Gross profit në kompani Total Gross Total Gross
at the all Gas Construction, Expenditures at Profit the last month
from retail Tregtare, Profit generated Profit generated
station Lit / stations Stations Transportation gas stations LEK generated by of the period
25 Lek / Lit Ndërtimore, by retail LEK by retail USD
station Lit Ton / companies retail LEK (6; 9; 12; 18;
Transportuese etj
/station Month etc. Ton / 24) monthly
=10 Lek/Lit
Month from retail USD
6 Months period -
5 stations 2,000.00 10,000.00 248.49 7,500,000.00 300 3,621,876.13 11,121,876.13 103,276.78 19,620,000.00 7,851,876.13 72,911.84
9 Months period -
8 stations 2,500.00 20,000.00 496.98 15,000,000.00 500 6,036,460.22 21,036,460.22 195,342.75 15,696,000.00 15,804,460.22 146,758.85
12 Months period
- 12 stations 3,000.00 36,000.00 894.56 27,000,000.00 1000 12,072,920.44 39,072,920.44 362,827.75 23,544,000.00 31,224,920.44 289,951.90
18 Months period
- 15 stations 3,500.00 52,500.00 1304.57 39,375,000.00 1500 18,109,380.66 57,484,380.66 533,794.97 58,860,000.00 47,674,380.66 442,700.16
24 Months period
- 20 stations 4,000.00 80,000.00 1987.92 60,000,000.00 2000 24,145,840.88 84,145,840.88 781,370.98 78,480,000.00 71,065,840.88 659,911.23

* Our market acquisition plans are divided into 5 timelines:

1) 6 Monthly 2) 9 Monthly 3) 12 Monthly 4) 12 Monthly 5) 24 Monthly
* This results from the total amount of 70 000Ton / month, in: 1 ) 6 Month term to receive 0.35% of retail sales, of this amount 0.60% sales to Construction, Transportation, Commercial companies, etc .; 2) 9 Month term to
receive 0.71% of retail sales, of this amount 1.00% sales to Construction, Transportation, Commercial companies, etc .; 3) 12 month period to receive 1.27% of retail sales, of this amount 2.00% sales to Construction,
Transportation, Commercial companies, etc .; 4) 18 Month term to receive 1.86% of retail sales, of this amount 3.00% sales to Construction, Transportation, Commercial companies, etc .; 5) 24 Month term to receive 2.84% of
retail sales, of this amount 4.00% sales to Construction, Transportation, Commercial companies, etc.

44
TABLE 5 AND 6

BUNKERING

Wholesale Terminal

TON/Month Profit USD/TON Gross profit generated from Wholesale

6 Months Period 400.00 80 32,000.00
9 Months Period 500.00 80 40,000.00
12 Months Period 750.00 80 60,000.00
18 Months Period 900.00 80 72,000.00
24 Months Period 1,000.00 80 80,000.00
Table 5

* Our market acquisition plans are divided into 5 timelines: 1) 6 Monthly 2) 9 Monthly 3) 12 Monthly 3) 12 Monthly 3) 24 Monthly
* This results from the total amount of 20,000 Tons / month, in:
1) 6 Month term to receive 0.11% of retail sales;
2) 9 Month term to receive 0.18% of retail sales;
3) 12 Month term to receive 0.26% of retail sales;
4) 18 Month term to receive 0.33% of retail sales;
5) 24 Month deadline to receive 0.45% of retail sales.

BUNKERING

Retail Sale : Marine and Tanker T

TON/Month Profit USD/TON Gross profit generated from retail sale

6 Months Period 1,000.00 150 150,000.00
9 Months Period 2,000.00 150 300,000.00
12 Months Period 3,000.00 150 450,000.00
18 Months Period 4,000.00 150 600,000.00
24 Months Period 5,000.00 150 750,000.00
Table 6

45
 TABLE 7

PETROL WHOLESALE
Port
Expense, Sales price
Supply price Cost of liquid
Liquid Marine Shipping cost + Deposits according to Gross Profit Net Profit
FobMed Exchange rate according to in the Liquid USD
Density Quantity Transportatio Broker USD / Other the formula Generated USD / Generated
USD/LEK the formula deposits in / Lit
L/Ton n USD/Ton Ton Expenses FOB + 25 + Ton USD / Ton
FOB + 5 USD / Ton
(3 + 3 + 2) Escalation
USD / Ton

545.50 0.8283 1,207.29 107.69 550.50 8 558.50 0.4626 582.0023 31.50 23.5023

CALCULATIONS FOR MONTHLY PERIODS - (1 to 6; 7 to 9; 10 to 12; 13 to 18; 19 to 24)

Monthly
Monthly sales Gross profit
Sales Gross profit
in generated
GROSS profit Monthly BUNKERIN generated by
Daily Commercial, from
Quantity Gross profit we Gross profit generated Bunkering G Operation - Gross profit Net profit Gross profit Net profit
sales at Construction, wholesale
TON/Month created from Ton/Month from retail = from sales in sales Operations with ships and created in total created in total created in created in
L/Station Transportatio sales -
wholesale LEK 25 Lek / L the company = Wholesale with our tanker trucks LEK LEK total USD total USD
n companies TERMINAL
10 Lek / Lit -Terminal ships and Profit =
etc. Ton / Profit =
tanker 150USD / TON
Month 80USD / TON
trucks
6
Months 20,676,480.0 178,541,664.7 1,657,922.4
Period 7,000.00 64,190,758.75 2,000.00 1490.94 45,000,000.00 300 21,731,256.79 400.00 0 1,000.00 96,921,000.00 248,519,495.54 7 2,307,730.48 1
9
Months 12,922,800.0 206,318,829.7 1,915,858.7
Period 12,000.00 89,615,949.11 2,500.00 1490.94 45,000,000.00 500 18,109,380.66 500.00 0 2,000.00 96,921,000.00 262,569,129.77 7 2,438,194.17 6
12
Months 126,262,475.7 19,384,200.0 145,381,500.0 320,983,098.6 2,980,621.2
Period 17,000.00 6 3,000.00 2683.69 81,000,000.00 1000 36,218,761.32 750.00 0 3,000.00 0 408,246,937.07 1 3,790,945.65 1
18
Months 266,221,047.2 236,250,000.0 108,656,283.9 46,522,080.0 387,684,000.0 1,045,333,411.2 709,404,888.1 6,587,472.2
Period 25,000.00 9 3,500.00 7827.44 0 1500 6 900.00 0 4,000.00 0 5 7 9,706,875.39 6
24
Months 379,703,713.0 360,000,000.0 144,875,045.2 51,691,200.0 484,605,000.0 1,420,874,958.3 968,589,742.9 13,194,121.6 8,994,240.3
Period 30,000.00 6 4,000.00 11927.52 0 2000 7 1,000.00 0 5,000.00 0 4 5 3 5

46
 TABLE 8

CALCULATIONS LAST MONTH - (month 6; month 9; month 12; month 18; month 24)
Monthly
Monthly sales Gross profit
Monthly Sales Gross profit Net profit
in generated Gross profit
GROSS profit Bunkering BUNKERIN generated by created in
Daily Commercial, from generated in
Quantity Gross profit we Gross profit generated sales G Operation - Gross profit Net profit the last
sales at Construction, wholesale the last
TON/Month created from Ton/Month from retail = from sales in Wholesale Operations with ships and created in total created in total month of
L/Statio Transportatio sales - month of the
wholesale LEK 25 Lek / L the company = - with our tanker trucks LEK LEK the time
n n companies TERMINAL time period
10 Lek / Lit TERMINAL ships and Profit = period
etc. Ton / Profit = USD
in Ton tanker 150USD / TON USD
Month 80USD / TON
trucks
6
Months
Period 7,000.00 23,747,374.18 2,000.00 248.49 7,500,000.00 300 3,621,876.13 400.00 3,446,080.00 1,000.00 10,769,000.00 49,084,330.31 42,805,858.51 455,792.83 397,491.49
9
Months
Period 12,000.00 40,709,784.30 2,500.00 496.98 15,000,000.00 500 6,036,460.22 500.00 4,307,600.00 2,000.00 26,922,500.00 92,976,344.52 79,610,744.52 863,370.27 739,258.47
12
Months
Period 17,000.00 57,672,194.43 3,000.00 894.56 27,000,000.00 1000 12,072,920.44 750.00 6,461,400.00 3,000.00 43,076,000.00 146,282,514.87 122,579,068.71 1,358,366.75 1,138,258.6
18
Months
Period 25,000.00 84,812,050.63 3,500.00 1304.57 39,375,000.00 1500 18,109,380.66 900.00 7,753,680.00 4,000.00 59,229,500.00 209,279,611.29 164,060,524.11 1,943,352.32 1,523,451.8
24
Months
Period 30,000.00 101,774,460.76 4,000.00 1987.92 60,000,000.00 2000 24,145,840.88 1,000.00 8,615,200.00 5,000.00 75,383,000.00 269,918,501.64 199,922,132.41 2,506,439.80 1,856,459.58

47
TABLE 9

GASOLINE
RETAIL SALES

NET Profit created from retail (5-8-12-

Daily Sales in stations NET profit generated from
Lit/Month 15-20) Station 175 Lek / Lit
Lit/Station retail USD
Profit = 25Lek / Lit

6 Months Period – 5 Stations 200 30,000.00 750,000.00 6,964.43

9 Months Period – 8 Stations 200 48,000.00 1,200,000.00 11,143.10
12 Months Period – 12 Stations 200 72,000.00 1,800,000.00 16,714.64
18 Months Period – 15 Stations 200 90,000.00 2,250,000.00 20,893.30
24 Months Period – 20 Stations 200 120,000.00 3,000,000.00 27,857.74

* Our market acquisition plans are divided into 5 timelines: 1) 6 Monthly 2) 9 Monthly 3) 12 Monthly 3) 12 Monthly 3) 24 Monthly
* This results from the total amount of 10 000Ton / month, in:
1 ) 6 Month term to receive 0.22% of retail sales;
2) 9 Month term to receive 0.36% of retail sales;
3) 12 Month deadline to receive 0.53% of retail sales;
4) 18 Month term to receive 0.67% of retail sales;
5) 24 Month deadline to receive 0.89% of retail sales.

48
 TABLE 7

LPG WHOLESALE

Cost of The price

Shipping and shipping Liquid with Customs Gross profit Gross profit
Exchange liquid Total of BA
Transportation costs, Broker, Port, Liquid customs = and Excise created € / created USD /
FobMed Euro/Ton Density rate without Excise obligatory Petrol
USD/Ton Other costs (8 + 12 + Euro / Lit 10% and Liquid VAT Ton after sale Ton after sale
USD/LEK VAT USD to the state without
2 + 2) USD / Ton VAT € / Lit VAT at 0.48 € / Lit 0.48 € / Lit
/ Ton profit

440.00 4.09 0.495 107.69 55 495.00 0.0023 0.0030 0.0007 0.115 0.0207 0.1364 0.1387 631.49 68,005.3054

Gross profit Net profit generated in

Quantity TON/Month Quantity LIT/Month
generated in LEK USD

6 Months period - 5 stations 50 101,010.10 1,515,151.52 14,069.57

9 Months period - 8 stations 100 202,020.20 3,030,303.03 28,139.13
12 Months period - 12 stations 150 303,030.30 4,545,454.55 42,208.70
18 Months period - 15 stations 200 404,040.40 6,060,606.06 56,278.26
24 Months period - 20 stations 300 606,060.61 9,090,909.09 84,417.39

* Based on the official statistics of the Albanian customs, the amount of LPG imported in Albania is 15 000 Tons / Month.
* Our plans are divided into 5 timeframes: 1) 6 Months 2) 9 Months 3) 12 Months 3) 12 Months 3) 24 Months
* This results in: 1) 6 Months term to receive 10.00% of wholesale ; 2) 9 Month term to receive 16.67% of the wholesale; 3) 12 Month deadline to receive 25.00% of the wholesale; 4) 18
Month deadline to receive 33.33% of wholesale; 5) 24 Month deadline to receive 50.00% of wholesale;

49
TABLE 8

LPG RETAIL

Profit created NET from retail (5-8-12-15- Net profit generated

Daily sales in Lit/Station Ton/Month
20) Station 55 Lek/Lit Profit = 10 Lek/Lit from retail USD

6 Months period
200 16.22 1,500,000.00 13,928.87
9 Months period
200 25.95 2,400,000.00 22,286.19
12 Months period 200 38.92 3,600,000.00 33,429.29
18 Months period 200 48.65 4,500,000.00 41,786.61
24 Months period 200 64.86 6,000,000.00 55,715.48

* Our market acquisition plans are divided into 5 timelines: 1) 6 Monthly 2) 9 Monthly 3) 12 Monthly 3) 12 Monthly 3) 24 Monthly * This results from the total amount of 5 000Ton / month, in: 1 ) 6 Month
term to receive 0.32% of retail sales; 2) 9 Month term to receive 0.51% of retail sales; 3) 12 Month term to receive 0.77% of retail sales; 4) 18 Month term to receive 0.97% of retail sales; 5) 24 Month deadline to
receive 0.1.3% of retail sales.

50
Financial Statements
2022-2024

51
28.1. Financial Statements 2022

Tab.28.1.1 Petrol Wholesale - Financial Statements

Tab.28.1.2 Petrol Retail Sales - Financial Statements
Tab.28.1.3 Petrol Total Sales - Financial Statements
Tab.28.1.4 Gasoline Retail Sales - Financial statements
Tab.28.1.5 LPG Retail - Financial statements
Tab. 28.1.6 Bunkering Wholesale - Financial Statements Bunkering
Tab. 28.1.7 Operations - Financial Statements
Tab.28.1.8 Gasoline + LPG + Bunkering Sales - Financial Statements
Tab.28.1.9 Total Sales - Financial Statements 31.12.2022

52
 PETROL Wholesale - Financial Statements in USD

31.12.2022
Revenues from sales 58,728,097.20
Costs of goods sold 54,004,500.00
Gross Profit 4,723,597.20
Salaries 106,305.14
Employer contributions
Depreciation costs 97,896.38
Transportation costs 622,838.49
Rental 297,000.00
Utility costs 267.43
Bank Interest Expenses 1,883,000.84

Other expenses

Total costs 3,007,308.28

Operating Profit / Loss 1,716,288.92
Custom
Excise
VAT

Net Profit / Loss of the year 1,716,288.92 $

Table 28.1.1

53
 PETROL Retail Sales - Financial Statements in USD

31.12.2022
Revenues from sales 17,975,217.83
Costs of goods sold 15,598,609.43
Gross Profit 2,376,608.40
Salaries 245,705.27
Employer contributions
Depreciation costs 31,250
Transportation costs
Rental 250,719.66
Utility costs 53,100.00
Bank Interest Expenses

Other expenses

Total costs 549,524.92

Operating Profit / Loss 1,827,083.48
Custom
Excise
VAT 414,557.75

Net Profit / Loss of the year 1,412,525.73 $

Table 28.1.2

54
 PETROL Total Sales - Financial Statements in USD
31.12.2022
Revenues from sales 76,703,315.03
Costs of goods sold 69,603,109.43
Gross Profit 7,100,205.60
Salaries 352,010.40
Employer contributions
Depreciation costs 97,896.38
Transportation costs 622,838.49
Rental 547,719.66
Utility costs 53,367.43
Bank Interest Expenses 1,883,000.84

Other expenses

Total costs 3,556,833.21

Operating Profit / Loss 3,543,372.40
Custom
Excise
VAT 414,557.75

Net Profit / Loss of the year 3,128,814.65 $

Table 28.1.3

55
 Gasoline Retail Sales – Financial Statements in USD

31.12.2022
Revenues from sales 736,515.67
Costs of goods sold 627,323.42
Gross Profit 109,192.25
Salaries
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest Expenses

Other expenses

Total costs
Operating Profit / Loss 109,192.25
Custom
Excise
VAT 21,838.45

Net Profit / Loss of the year 87,353.80 $

Table 28.1.4

56
 LPG Retail Sales - Financial Statements in USD

31.12.2022
Revenues from sales 229,856.36
Costs of goods sold 188,064.29
Gross Profit 41,792.07
Salaries
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest Expenses

Other expenses

Total costs
Operating Profit / Loss 41,792.07
Custom
Excise
VAT 6,375.06

Net Profit / Loss of the year 35,417.00 $

Table 28.1.5

57
 BUNKERING Wholesale Financial Statements in USD

31.12.2022
Revenues from sales 2,952,000.00
Costs of goods sold 2,460,000.00
Gross Profit 492,000.00
Salaries 180,000.00
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest Expenses

Other expenses

Total costs 180,000.00

Operating Profit / Loss 312,000.00
Custom
Excise
VAT

Net Profit / Loss of the year 312,000.00 $

Table 28.1.6

58
 BUNKERING Marine & Tunker Trucks Operations -
Financial Statements in USD
31.12.2022
Revenues from sales 11,550,000.00
Costs of goods sold 8,400,000.00
Gross Profit 3,150,000.00
Salaries 420,000.00
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest Expenses

Other expenses

Total costs 420,000.00

Operating Profit / Loss 2,730,000.00
Custom
Excise
VAT

Net Profit / Loss of the year 2,730,000.00 $

Table 28.1.7

59
 GASOLINE + LPG + BUNKERING TOTAL SALES -
Financial Statements in USD
31.12.2022
Revenues from sales Costs of 15,468,372.03
goods sold 11,675,387.71
Gross Profit 3,792,984.32
Salaries 600,000.00
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest

Other Expenses
Total costs 600,000.00
Operating Profit / Loss 3,192,984.32
Custom
Excise
VAT 28,213.51

Net Profit / Loss of the year 3,164,770.80 $

Table 28.1.8

60
 TOTAL SALES - Financial Statements in USD

31.12.2022
Revenues from sales Costs of 92,171,687.06
Goods sold 81,278,497.14
Gross Profit 10,893,189.92
Salaries 952,010.40
Employer contributions
97,896.38
Depreciation costs
622,838.49
Transportation costs 547,719.66
Rental 53,367.43
Utility costs 1,883,000.84
Bank Interest

Other Expenses
Total costs 4,156,833.21
Operating Profit / Loss 6,736,356.71
Custom
Excise
VAT 442,771.26

Net Profit / Loss of the year 4,033,337.67 $

Table 28.1.9

61
28.2. Financial Statements 2023

Tab.28.2.1 Petrol Wholesale - Financial Statements

Tab.28.2.2 Petrol Retail Sales - Financial Statements
Tab.28.2.3 Petrol Total Sales - Financial Statements
Tab.28.2.4 Gasoline Retail Sales - Financial statements
Tab.28.2.5 LPG Retail - Financial statements
Tab. 28.2.6 Bunkering Wholesale - Financial Statements
Tab. 28.2.7 Bunkering Operations - Financial Statements
Tab.28.2.8 Gasoline + LPG + Bunkering Sales - Financial Statements Total
Tab.28.2.9 Sales - Financial Statements 31.12.2023

62
 PETROL Wholesale - Financial Statements in USD

31.12.2023
Revenues from sales 169,653,668.66
Costs of goods sold 159,013,250.00
Gross Profit 10,640,418.66
Salaries 251,388.24
Employer contributions
Depreciation costs 262,899.92
Transportation costs 2,039,319.13
Rental 874,500.00
Utility costs 28,320.00
Bank Interest Expenses 1,883,000.84

Other expenses

Total costs 5,339,428.13

Operating Profit / Loss 5,300,990.53
Custom
Excise
VAT
5,300,990.53 $
Net Profit / Loss of the year

Table 28.2.1

63
 PETROL Retail Sales - Financial Statements in USD

31.12.2023
Revenues from sales 61,288,087.42
Costs of goods sold 54,712,257.65
Gross Profit 6,575,829.77
Salaries 573,312.29
Employer contributions
Depreciation costs
Transportation costs
Rental 619,500.00
Utility costs 123,900.00
Bank Interest Expenses

Other expenses

Total costs 1,316,712.29

Operating Profit / Loss 5,259,117.48
Custom
Excise
VAT 889,692.68

Net Profit / Loss of the year 4,369,424.81 $

Table 28.2.2

64
 PETROL Total Sales - Financial Statements in USD
31.12.2023
Revenues from sales 230,941,756.08
Costs of goods sold 213,725,507.65
Gross Profit 17,216,248.43
Salaries 824,700.53
Employer contributions
Depreciation costs 262,899.92
Transportation costs 2,039,319.13
Rental 1,494,000.00
Utility costs 152,220.00
Bank Interest Expenses 1,883,000.84

Other expenses

Total costs 6,656,140.42

Operating Profit / Loss 10,560,108.01
Custom
Excise
VAT 889,692.68

Net Profit / Loss of the year 9,670,415.33 $

Table 28.2.3

65
 Gasoline Retail Sales – Financial Statements in USD

31.12.2023
Revenues from sales 2,013,418.14
Costs of goods sold 1,725,786.98
Gross Profit 287,631.16
Salaries
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest Expenses

Other expenses

Total costs
Operating Profit / Loss 287,631.16
Custom
Excise
VAT 43,875.94

Net Profit / Loss of the year 243,755.22 $

Table 28.2.4

66
 LPG Retail Sales - Financial Statements in USD

31.12.2023
Revenues from sales 643,493.87
Costs of goods sold 526,494.99
Gross Profit 116,998.89
Salaries
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest Expenses

Other expenses

Total costs
Operating Profit / Loss 116,998.89
Custom
Excise
VAT 21,059.80

Net Profit / Loss of the year 95,939.09 $

Table 28.2.5

67
 BUNKERING Wholesale Financial Statements in USD

31.12.2023
Revenues from sales 5,472,000.00
Costs of goods sold 4,560,000.00
Gross Profit 912,000.00
Salaries 180,000.00
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest Expenses

Other expenses

Total costs 180,000.00

Operating Profit / Loss 732,000.00
Custom
Excise
VAT

Net Profit / Loss of the year 732,000.00 $

Table 28.2.6

68
 BUNKERING Marine & Tunker Trucks Operations -
Financial Statements in USD
31.12.2023
Revenues from sales 29,700,000.00
Costs of goods sold 21,600,000.00
Gross Profit 8,100,000.00
Salaries 420,000.00
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest Expenses

Other expenses

Total costs 420,000.00

Operating Profit / Loss 7,680,000.00
Custom
Excise
VAT

Net Profit / Loss of the year 7,680,000.00 $

Table 28.2.7

69
 GASOLINE + LPG + BUNKERING TOTAL SALES -
Financial Statements in USD
31.12.2023
Revenues from sales Costs of 37,828,912.02
goods sold 28,412,281.97
Gross Profit 9,416,630.05
Salaries 600,000.00
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest

Other Expenses
Total costs 600,000.00
Operating Profit / Loss 8,816,630.05
Custom
Excise
VAT 64,935.74

Net Profit / Loss of the year 8,751,694.31 $

Table 28.2.8

70
 TOTAL SALES - Financial Statements in USD

31.12.2023
Revenues from sales Costs of 268,770,668.09
Goods sold 242,137,789.62
Gross Profit 26,632,878.48
Salaries 1,424,700.53
Employer contributions
Depreciation costs 262,899.92
2,039,319.13
Transportation costs 1,494,000.00
Rental 152,220.00
Utility costs 1,883,000.84
Bank Interest

Other Expenses
Total costs 7,256,140.42
Operating Profit / Loss 19,376,738.06
Custom
Excise
VAT 954,628.42

Net Profit / Loss of the year 18,422,109.64 $

Table 28.2.9

71
28.3. Financial Statements 2024

Tab.28.3.1 Petrol Wholesale - Financial Statements

Tab.28.3.2 Petrol Retail Sales - Financial Statements
Tab.28.3.3 Petrol Total Sales - Financial Statements
Tab.28.3.4 Gasoline Retail Sales - Financial statements
Tab.28.3.5 LPG Retail - Financial statements
Tab. 28.3.6 Bunkering Wholesale - Financial Statements
Tab. 28.3.7 Bunkering Operations - Financial Statements
Tab.28.3.8 Gasoline + LPG + Bunkering Sales - Financial Statements Total
Tab.28.3.9 Sales - Financial Statements 31.12.2024

72
 PETROL Wholesale - Financial Statements in USD

31.12.2024
Revenues from sales 213,556,710.27
Costs of goods sold 199,260,000.00
Gross Profit 14,296,710.27
Salaries 288,829.05
Employer contributions
Depreciation costs 321,615.46
Transportation costs 2,676,893.93
Rental 1,080,000.00
Utility costs 28,320.00
Bank Interest Expenses 1,883,000.84

Other expenses

Total costs 6,278,659.28

Operating Profit / Loss 8,018,050.99
Custom
Excise
VAT

Net Profit / Loss of the year 8,018,050.99 $

Table 28.3.1

73
 PETROL Retail Sales - Financial Statements in USD

31.12.2024
Revenues from sales 72,157,131.92
Costs of goods sold 64,343,158.62
Gross Profit 7,813,973.29
Salaries 655,214.04
Employer contributions
Depreciation costs
Transportation costs
Rental 708,000.00
Utility costs 141,600.00
Bank Interest Expenses

Other expenses

Total costs 1,504,814.04

Operating Profit / Loss 6,309,159.25
Custom
Excise
VAT 1,062,362.03

Net Profit / Loss of the year 5,246,797.23 $

Table 28.3.2

74
 PETROL Total Sales - Financial Statements in USD
31.12.2024
Revenues from sales 285,713,842.19
Costs of goods sold 263,603,158.62
Gross Profit 22,110,683.56
Salaries 944,043.09
Employer contributions
Depreciation costs 321,615.46
Transportation costs 2,676,893.93
Rental 1,788,000.00
Utility costs 169,920.00
Bank Interest Expenses 1,883,000.84

Other expenses

Total costs 7,783,473.32

Operating Profit / Loss 14,327,210.24
Custom
Excise
VAT 1,062,362.03

Net Profit / Loss of the year 13,264,848.21 $

Table 28.3.3

75
 Gasoline Retail Sales – Financial Statements in USD

31.12.2024
Revenues from sales 2,301,049.31
Costs of goods sold 1,972,327.98
Gross Profit 328,721.33
Salaries
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest Expenses

Other expenses

Total costs
Operating Profit / Loss 328,721.33
Custom
Excise
VAT 50,143.93

Net Profit / Loss of the year 278,577.40 $

Table 28.3.4

76
 LPG Retail Sales - Financial Statements in USD

31.12.2024
Revenues from sales 612,824.31
Costs of goods sold 501,401.71
Gross Profit 111,422.60
Salaries
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest Expenses

Other expenses

Total costs
Operating Profit / Loss 111,422.60
Custom
Excise
VAT 20,056.07

Net Profit / Loss of the year 91,366.53 $

Table 28.3.5

77
 BUNKERING Wholesale Financial Statements in USD

31.12.2024
Revenues from sales 5,472,000.00
Costs of goods sold 4,560,000.00
Gross Profit 912,000.00
Salaries 180,000.00
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest Expenses

Other expenses

Total costs 180,000.00

Operating Profit / Loss 732,000.00
Custom
Excise
VAT

Net Profit / Loss of the year 732,000.00 $

Table 28.3.6

78
 BUNKERING Marine & Tunker Trucks Operations -
Financial Statements in USD
31.12.2024
Revenues from sales 33,000,000.00
Costs of goods sold 24,000,000.00
Gross Profit 9,000,000.00
Salaries 420,000.00
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest Expenses

Other expenses

Total costs 420,000.00

Operating Profit / Loss 8,580,000.00
Custom
Excise
VAT

Net Profit / Loss of the year 8,580,000.00 $

Table 28.2.7

79
 GASOLINE + LPG + BUNKERING TOTAL SALES -
Financial Statements in USD
31.12.2024
Revenues from sales Costs of 47,433,873.62
goods sold 36,073,729.69
Gross Profit 11,360,143.93
Salaries 600,000.00
Employer contributions
Depreciation costs
Transportation costs
Rental
Utility costs
Bank Interest

Other Expenses
Total costs 600,000.00
Operating Profit / Loss 10,760,143.93
Custom
Excise
VAT 70,200.00

Net Profit / Loss of the year 10,689,943.93 $

Table 28.3.8

80
 TOTAL SALES - Financial Statements in USD

31.12.2024
Revenues from sales Costs of 333,147,715.81
Goods sold 299,676,888.31
Gross Profit 33,470,827.50
Salaries 1,544,043.09
Employer contributions
Depreciation costs 321,615.46
2,676,893.93
Transportation costs 1,788,000.00
Rental 169,920.00
Utility costs 1,883,000.84
Bank Interest

Other Expenses
Total costs 7,256,140.42
Operating Profit / Loss 19,376,738.06
Custom
Excise
VAT 954,628.42

Net Profit / Loss of the year 23,954,792.15 $

Table 28.3.9

81
© Bunker Albania 2021. All rights reserved.

CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential,

trade-secret information and is shared only with the understanding that you will not
share its contents or ideas with third parties without the express written consent of the
plan author.

Designed and produced by The Financial Department at Bunker Albania, Tirana, Albania

BUNKER ALBANIA SH.A, Dëshmorët e Kombit Boulevard, Twin Towers No. 1, 12th
Floor, Tirana 1001, Albania

CONTACT
Tel: + 355 69 273 2507
Whatsapp: + 30 697 563 4200
E-mail: bunkeralbania1@gmail.com