Fixed Assets:

Furnitures and Fixtures

Factory Equipment
Other Assets
Total Fixed Cost
Working Capital (5 Days):
Raw Materials
Space Rental
Salary Wages
Indirect Materials
Office Supplies
Transportation
Total Working Capital
Pre-Operating Expenses
Contingency Value

TOTAL

6400.00
3190.00
339.75
9929.75
10210.00
2000.00
2350.00
1480.00
246.00
100.00
16386.00
7800.00
3431.60

37547.35

34115.75

7509.47

Space Rental2000.00
Salary Wages9400.00
Indirect Materials
1480.00

CREDIT BALANCE
MONTHLY PAYMENT w/ INTEREST
INTEREST AMOUNT

Month 1
15000.00
1287.50
37.50

Month 2
13750.00
1287.50
37.50

Month 3
12500.00
1287.50
37.50

Month 4
11250.00
1287.50
37.50

Month 5
10000.00
1287.50
37.50

Month 6
8750.00
1287.50
37.50

CREDIT BALANCE
MONTHLY PAYMENT w/ INTEREST
INTEREST AMOUNT

Month 7
7500.00
1287.50
37.50

Month 8
6250.00
1287.50
37.50

Month 9
5000.00
1287.50
37.50

Month 10
3750.00
1287.50
37.50

Month 11
2500.00
1287.50
37.50

Month 12
1250.00
1287.50
37.50

TOTAL AMOUNT PAID

15450.00

Office Supplies Expense

Selling Expenses
TOTAL ADMINISTRATIVE AND
SELLING EXPENSES

YEARS
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
246.00 246.00
246.00 246.00 246.00
600.00 600.00
600.00 600.00 600.00
846.00

846.00

846.00

846.00

846.00

YEARS
YEAR 1
746700.00

YEAR 2
772350.00

746700.00

772350.00

Less: Cost of Goods Sold

Inventory Beginning
Direct Materials (2)
Direct Labor (3)
Overhead Expenses (4)
Goods Available for Sale
Less: Inventory End
Cost of Goods Sold (5)

0.00
403940.00
94000.00
133010.00
630950.00
0.00
630950.00

0.00
417145.00
94000.00
133010.00
644155.00
0.00
644155.00

Gross Profit

115750.00

128195.00

846.00
2568.21
3414.21

846.00
2000.00
2568.21
5414.21

112335.79

122780.79

SALES (1)
OTHER INCOME SALES
TOTAL SALES

Less: Operating Expenses

Administrative Expense (6)
Miscellaneous Expenses (7)
Accumulated Depreciation (8)
Total Operating Expenses (10)
Operating Profit
Less: Pre-Operating Expense (12)
NET PROFIT BEFORE TAX
Less: Tax (13)
NET PROFIT AFTER TAX

7800.00
104535.79
5226.79
99309.00

122780.79
6139.04
116641.75

YEARS
YEAR 3
786600.00

YEAR 4
796005.00

YEAR 5
812250.00

786600.00

796005.00

812250.00

0.00
420945.00
94000.00
133010.00
647955.00
0.00
647955.00

0.00
428925.00
94000.00
133010.00
655935.00
0.00
655935.00

0.00
440847.50
94000.00
133010.00
667857.50
0.00
667857.50

138645.00

140070.00

144392.50

846.00
2000.00
2568.21
5414.21

846.00
2000.00
2568.21
5414.21

846.00
20002.00
2568.21
23416.21

133230.79

134655.79

120976.29

133230.79
6661.54
126569.25

134655.79
6732.79
127923.00

120976.29
6048.81
114927.48

117074.10

PRE-OPERATING
Cash Inflow:
Cash Equity
Cash Sales (1)
Other income Sales
Total Cash Inflow

Cash Outflow:
Pre-operating Expense (12)
Acquisition of Factory Equipments (9)
Acquisition of Furnitures and Fixtures (10)
Acquisition of Other Assets (11)
Direct Materials Purchases (2)
Direct Labor (3)
Cash Admin. Expense (6)
Overhead Expense (4)
Miscellaneous Expense (7)
Taxes (13)

37547.35

37547.35

7800.00
3190.00
6400.00
339.75

Total Cash Outflow

17729.75

Net Cash Flow

19817.60

CASH BAL (beginning)

CASH BAL (ending)

19817.60

2654
2626
2770
2174
2078
698
2338

2300
2435
1644
1617
1554
24888

YEARS
YEAR 2

YEAR 1

YEAR 3

YEAR 4

YEAR 5

746700.00

772350.00

786600.00

796005.00

812250.00

746700.00

772350.00

786600.00

796005.00

812250.00

403940.00
94000.00
846.00
133010.00
5226.79

417145.00
94000.00
846.00
133010.00
2000.00
6139.04

420945.00
94000.00
846.00
133010.00
2000.00
6661.54

428925.00
94000.00
846.00
133010.00
2000.00
6732.79

440847.50
94000.00
846.00
133010.00
20002.00
6048.81

637022.79

653140.04

657462.54

665513.79

694754.31

109677.21

119209.96

129137.46

130491.21

117495.69

19817.60

129494.81

248704.77

377842.23

508333.44

129494.81

248704.77

377842.23

508333.44

625829.13

352
2719
2776
3265
2069
1585
2657

2265
2749
2538
2546
2472
1120
2895
2591
2265
36864

PRE-OPERATING
ASSETS
Current Assets:
Cash
Inventory End
Total Current Assets

19817.60
19817.60

Fixed Assets:
Equipment and Materials (9)
Less: Accum. Depreciation
Total Equipment and Materials
Furnitures and Fixtures (10)
Less: Accum. Depreciation
Total Furnitures and Fixtures
Other Fixed Assets (11)
Less: Accum. Depreciation
Total Other Fixed Assets:
Total Fixed Assets
Pre-Operating Expense (12)

3190.00
3190.00
6400.00
6400.00
339.75
339.75
9929.75
7800.00

TOTAL ASSETS:
TOTAL LIABILITIES:
OWNERS EQUITY:
Initial Capital
Net Income before Tax
Total equity
TOTAL LIA. & O. EQUITY.

37547.35
----37547.35
37547.35
37547.35

YEAR 1

YEARS
YEAR 2

YEAR 3

YEAR 4

YEAR 5

129494.81
0.00
129494.81

248704.77
0.00
248704.77

377842.23
0.00
377842.23

508333.44
0.00
508333.44

625829.13
0.00
625829.13

3190.00
811.67
2378.33
6400.00
1466.67
4933.33
339.75
289.88
49.88
7361.54

2378.33
811.67
1566.67
4933.33
1466.67
3466.67
49.88
289.88
-240.00
4793.33

1566.67
811.67
755.00
3466.67
1466.67
2000.00
-240.00
289.88
-529.88
2225.13

755.00
811.67
-56.67
2000.00
1466.67
533.33
-529.88
289.88
-819.75
-343.08

-56.67
811.67
-868.33
533.33
1466.67
-933.33
-819.75
289.88
-1109.63
-2911.29

136856.35

253498.10

380067.36

507990.36

622917.84

-----

-----

-----

-----

-----

37547.35
99309.00
136856.35

136856.35
116641.75
253498.10

253498.10
126569.25
380067.36

380067.36
127923.00
507990.36

507990.36
114927.48
622917.84

136856.35

253498.10

380067.36

507990.36

622917.84

2568.21

0.00

1430

4. Physical Exam (health card)

Php 20.00/employee
5. Fire Inspection Fee 10% of
regulatory fees
6. Exercise of Calling Php
30.00/employee

7. Tax Clearance Php 100.00

8. Business Plate Php 300.00

9. Business Sticker Php
30.00

ANNUAL MISCELLANEOUS EXPENSE

Mayor's Permit
Sanitary Fee
Physical Exam (Employee)
Tax Clearance
Business Plate
Business Sticker
Other Annual Fees and Expense
TOTAL

Amount

500.00
200.00
300.00
100.00
300.00
30.00
570.00
2000.00

RETURN ON INVESTMENT
ROI =

AVERAGE NET PROFIT

TOTAL PROJECT COST

ACTUAL ROI =

ACTUAL ROI = 311.80%

117074.10
37547.35

ACTUAL CASH PAYBACK P

PAYBACK PERIOD =

PAYBACK PERIOD =

CTUAL CASH PAYBACK PERIOD

TOTAL PROJECT COST
AVERAGE NET PROFIT
37547.35
117074.10
0.32 or 3.8 Months

ACTUAL NET INCOME SALES RATIO

NET INCOME SALES RATIO =

NET INCOME
SALES

YEAR 1 =

99309.00
746700.00
YEAR 1 = 0.13 or 13%
YEAR 2 =

0.32071441

116641.75
772350.00
YEAR 2 = 0.15 or 15%
YEAR 3 =

3.848572923

126569.25
786600.00
YEAR 3 = 0.16 or 16%
YEAR 4 =

127923.00
796005.00
YEAR 4 = 0.16 or 16%
YEAR 5 =

114927.48
812250.00
YEAR 5 = 0.14 or 14%

0.132997

0.151022

0.160907

0.160706

0.141493

COMPENSATION SCHEDULE
POSITION
Salary per Day Working Days Monthly Pay
Cashier
250.00
20
5000.00
Production Staff 1
110.00
20
2200.00
Production Staff 2
110.00
20
2200.00
TOTAL
9400.00

Inventory Beginning
Direct Materials
Direct Labor
Overhead Expenses
Goods Available for Sale
Less: Inventory End
Cost of Goods Sold

YEAR 1
0.00
403940.00
94000.00
133010.00
630950.00
0.00
630950.00

YEARS
YEAR 2
YEAR 3
0.00
0.00
417145.00 420945.00
94000.00 94000.00
133010.00 133010.00
644155.00 647955.00
0.00
0.00
644155.00 647955.00

YEAR 4
0.00
428925.00
94000.00
133010.00
655935.00
0.00
655935.00

YEAR 5
0.00
440847.50
94000.00
133010.00
667857.50
0.00
667857.50

NON-VAT Rate

NET PROFIT BEFORE TAX

Tax Rate (5%)
Annual Tax Payment

YEAR 1

104535.79
0.05
5226.79

YEARS
YEAR 2
YEAR 3

YEAR 4

YEAR 5

122780.79
0.05
6139.04

134655.79
0.05
6732.79

120976.29
0.05
6048.81

133230.79
0.05
6661.54