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MANAGING FINANCE IN HEALTH & SOCIAL CARE
(An Evaluation of Investment Project in Health Care Sector)

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.............................................................................................................................................................. 2 ABSTRACT........................................................................................................................................... 3 PURPOSE OF THE ASSIGNMENT...................................................................................................... 3 BACKGROUND.................................................................................................................................... 3 TASK-1 THE ANALYSIS OF FINANCIAL DATA IN CONNECTION WITH HEALTH AND SOCIAL CARE SCENARIOS.............................................................................................................................. 4 1.1AN EXAMINATION OF KEY SOURCES OF FINANCE AND EXPENDITURE BASED ON THE PROJECTED STATEMENTS AND MANAGEMENT ACCOUNTS.......................................................4 1.2AN ANALYSIS OF FINANCIAL DATA IN AN ORGANIZATIONAL CONTEXT.............................. 1.3SOURCES AND ALLOCATION OF FUNDING WITHIN SOCIAL AND HEALTHCARE SER!ICE 1.4AN ANALYSIS OF BUDGET FORECAST AND RE!IEW..............................................................." L#2 THE PREPARATION OF INFORMED FINANCIAL JUDGMENTS BASED ON ACCOUNTING ANALYSIS............................................................................................................................................ " 2.1 THE APPROPRIATE ACCOUNTING ANALYSIS TECHNI$UES ON PREDICTED FINANCIAL STATEMENTS...................................................................................................................................... " 2.2 SYSTEMATIC ANALYSIS OF DATA AND EXECUTION OF RATIONAL FINANCIAL DECISION MAKING................................................................................................................................................ % 2.3 A RE!IEW OF BUDGET FORECASTS FROM THE FINANCIAL DATA.......................................% 2.4 SYSTEMATIC ANALYSIS OF BUDGET FORECASTS AND ORGANIZATIONAL PERFORMANCE .................................................................................................................................. & 2. ANALYSIS OF FINANCIAL DATA FROM DIFFERENT IN!ESTMENT OPTIONS FOR OPTIMUM RETURN................................................................................................................................................ & 2." CRITICALLY E!ALUATION OF !ARIOUS METHODS OF CAPITAL IN!ESTMENT APPRAISAL.......................................................................................................................................... ' L#3 THE METHOD OF PREPARING EXPENDITURE FOR A PROPOSAL IN HEALTH CARE ........' 3.1 JUSTIFICATION FOR THE SIGNIFICANCE OF PROPOSAL IN CONNECTION WITH ORGANIZATIONAL STRATEGY........................................................................................................ 1# 3.2 THE LIMITATIONS OF ALTERNATE MODELS FOR E!ALUATING EXPENDITURE................1# 3.3 THE KEY ISSUES IN MANAGEMENT OF CHANGE...................................................................11 3.4 THE HEALTH AND PROJECT PLAN FOR THE PROPOSED HEALTH ( SOCIAL CARE HOME ............................................................................................................................................................. 11 3.4.1 EXPENDITURE AND BENEFITS............................................................................................... 12 3.4.2 MILESTONES............................................................................................................................ 12 3.4.3 BUDGETS................................................................................................................................. 12 3.4.4 RESPONSIBILITIES AND MILESTONE............................................................................................12 3.4.5 MANAGEMENT MONITORING AND CONTROL ...............................................................................12 CONCLUSION..................................................................................................................................... 12 THE EXISTING DEMANDS AND DERI!ING OPPORTUNITIES IN HEALTH AND SOCIAL CARE SECTOR DYNAMICALLY ENFORCING TO BEGIN NEW BUSINESS ENTITIES IN THIS SECTOR.

.......................... techniques and analyze data to financial decision ma ing.. Purpose of the Assignment !n examination of financial aspects of budgetary control............................... it deals with the sources of funds and analyzing the predicted financial reports and investigating the limitations of alternative models used to evaluate the expenditure.............. sources of capital and finance application aimed to meet the requirements of middle and senior level managers in health and social care for their decision ma ing process of finance in entrepreneur establishments in social and health care industry....... THE GLOBALIZATION AND LIBERALIZATION ALLOWS EXPANDING AND EXCEEDS THE GEOGRAPHICAL BOUNDARIES..................... it deals the systematic analysis of financial data for investment options using various investment appraisal techniques and justifying the importance between investment proposal and organizational strategy and examining the ey issues of management of change...... unit cost..$$$ own capital and rest with a ban loan or a government grant.......... management. Finally......... Background This financial analysis report prepared for the project proposal of a new care home supposed to open in "ondon by a group of investors with #$ to %$ beds with & '$.ervices+ ........... meals...... time scales... it allocate the responsibilities.....12 REFERENCES ..... monitoring and control of the project.............................................. the investment appraisal helps investors on investment decision.......... *esidential care+ ... applying the appropriate financial analysis.................. The proposed care home not only provides either short or long term care such as accommodation........ -are wor ers visit and provide live in support for people in their own homes and facilitating daily living needs and promoting independence..... besides that the alternate project provide a (%) return on investment...........3 THE FUTURE OPPORTUNITIES IN THIS SECTOR OB!IOUSLY PRO!IDE BUSINESS ENTITIES A BRIGHT FUTURE) IF THE ENTITIES CAN PRO!IDE HIGH $UALITY SER!ICE ACCORDING TO THE INDUSTRY STANDARD............... Furthermore........... on such a circumstances.. benefits and mile stones...... In addition.................... besides that.... ......... 12 APPENDIXES............. 13 Abstract This assignment deals with development of a health and social care project plan consists of expenditures..... THE COMPETING POWER SHOULD BE OBTAINED BY !ALUES) $UALITY SER!ICE AND STRATEGIC APPROACH TO THE ECONOMY) EN!IRONMENT AND INDUSTRY........ capital project planning..... The proposed care home with %$ beds providing care for older people -ommunity ..... personal care including help with bathing and eating but also provides nursing care by registered nurse..........

There are internal and external sources of funds. out sourcing contract agreements such as food delivery. therefore it matter to the new vwnture and running venture. pre. The increased life expectancy in last decades resulted the fast grow of health and home care business in advanced countries. legal and accounting fees. ($234. The census profile provides the data of large cities with large retirement communities to target above '% of elderly population. lease hold improvements. used it for location and administration expenses. signage.$$$ for investing in the project and the owners7 contribution is & '$. 1!ppendix. such as utility deposits. is it a new venture or running. The required criminal chec should be conducted for the medical staff and if required private medical insurance can meet the individual requirements. capital equipments of furniture. !bove those ept reserve for contingencies and wor ing capital. but also it depends.0 focusing on elderly people to provide nursing and residential care for a long period.$$$ and arranged a ban loan 82() per annum of &##$. the health care sector. printing and stationery. Furthermore.opening salaries. The sources of fund availability depends not only on the nature of organizations.34 1!$ An analysis of financial data in an organi%ational conte"t The process ma ing informed decisions in the areas of investment. In /. The social and health care business can focused to an area with growing senior population. the service providers are national corporate. prepaid insurance. such as leasing premises.0. cleaning premises and laundry and inaugural expenses. advertising. fixtures and miscellaneous equipments.opening inventories of medicine and miscellaneous equipments. besides that. ownership capital and non ownership capital. In addition.$$$. The health and home care business is promising one and the requirement of certified professionals and their service demanded by this promising sector with unlimited potential.4 Introduction The social and health care service providers in /. financing and operations significant and the management success and evaluation depends with team .64 1!1 An e"amination of key sources of finance and e"penditure based on the pro#ected statements and management accounts The proposed health and home care venture required & %$$. 1!ppendix.0. The nursing certified part time and contracted health care wor ers can be hired for operations and it helps to maintain costs. and used for start up expenses. there are own capital. purchase of pre. TASK-1 The Analysis of Financial Data in connection ith health and social care scenarios The preparation of financial projection required the standard industry average data. regional private companies and single home operators. The local government will be provided the licensing and certification requirements t legally operate a health and social care home. the standard rate of revanue and cost are shown in !ppendix 5 2. travel and entertainment. refers to 1*esearch and Forecasting /.

identify trends in reports to decide the financial status (.5 leaders.>3 at a (6. expenses and occupancy rate (. 2. contribution mechanism and collection 1!& Sources and allocation of funding ithin social and healthcare ser'ice The health care triangle consists of citizen. ($$(4 1!( An analysis of budget forecast and re'ie The income statement 1!ppendix. The =%) of rental reimbursement treated as other income.2 5 Industry standard for revenue. allows to ma e informed decisions The projected financial statements and supporting reports shows that9.# 5 Industry average standard revenue.IT!<! it shows a net income of & >>>. The analysis of financial data helps to+.ources of capital and uses of capital #. The funding system wor s through on sources. !ppendix. 2= 1?@A.( 5 twelve months ending projected summarized income statement showing the percentage of cost. to analyze past. gross profit at #%. The operational analysis shows a cost of sales %#. expenses and adjusted :. relationship managers. !ppendix. allocation and delivery may happen among the citizen. profitability and wor ing capital 2#.63) . !ppendix.alance sheet showing total assets liabilities and capital 6. team leads and project leads.2$ 5 . third party insurer or purchaser and provider. !ppendix 5 2= 5 funding sources. mechanism and collection agent. !ppendix 5 2% 5 operational analysis. reveals the significance of financial statement notes and management decision notes #.2( 5 -ash flow statements 22. !ppendix. !ppendix 5 > project charter =. ' and = 5 quarterly income statement '. !ppendix.IT!<! 3.tatement of changes in financial position 2(. present and future financial status and performance by ratio analysis 3. provider and third party insurer and or purchaser. !ppendix. 2# 5 ey balances and balance of operations 23. . !ppendix 5 23 . It is an exchange of resources such as the provider exchange health care resources to users and transfer financial resources to the providers and made direct payment and a third party offers protection to a community against the financial ris . 2. can identify the process within the financial frame wor %. !ppendix 5 2' 5 retained earnings 2%.'( at a ((. !ppendix 5 22 5 Income statement for 2( months ending with percentages consumed by each item 2$. !ppendix. !ppendix .$%) of revenue.#2=.224 shows an operating profit of & 22>$%%'. implementation of past performance and future ris '. !ppendix .3 5 .%. !ppendix. cost and margin of calculation %.$=). 6 5 sources of wor ing capital >. The third party may be a private or public body9 therefore the funding.>%) of revenue and after adjusting the :. resource management.

The elements of financial analysis and its preparation based on.66). liquidity and stability. viability and profitability of a business entity.2# and 2%4. profitability and efficiency ratio as follows.$%). The financial report shows a fair status of finance and the ratio analysis meets the industry standard and financial routine and movements process within the financial circle shows a reasonable performance and there is no future ris predicted based on the present performance prediction and it reported investors to fulfill the obligation of informed decision.>34. the inventory turnover is %##. besides that the resources management shows a current ratio of #.>$ times.6 and net profit ((. . The formula for liquidity.26) and return on net worth '3. )*$ the preparation of informed financial #udgments based on accounting analysis The financial statement analysis performs the assessment of stability. profitability. The profitability ratio shows return on total assets %(. The wor ing capital shows that.>3 12+#. 1!ppendix . the profitability tested based on income statement. liquidity. activity. profitability. solvency and liquidity based on balance sheet and stability tested on income statement and balance sheet. It can by ratio analysis compared with other firms or with past performance of the same firm or with industry standards or comparison between similar firms $!1 The appropriate accounting analysis techni+ues on predicted financial statements The accounting analysis solves the purposes of solvency. The ratio analysis deals with operating cycle. financial leverage share holders ratio and return ratio. It is an extrapolation of firm7s past performance into a projected future performance.

performance. It is in the starting phase and moving with a mission of Bbuilding high performance team culture and provide high quality reliable service to the communityC with a vision to provide priority to people first with qualitatively generated customer service. ste( )y ste( metho$ in *hich +har$+ (. besides that it locate the future ris s.(% and the rental contribution from . implementation and feedbac .7 $!$ Systematic Analysis of data and e"ecution of rational financial decision making Refers to (Business Dictionary. The review of projected financial statements for the first year predicted operations in income statement shows a revenue of & 3. The financial statements interpretation allows decision ma ers to recognize the financial status. The right business decisions maximise the returns and helps to exist in the mar et as leader and put strategies in right place. '' Systematic. The decision ma ing process brings together the right resources to right mar et in correct time.6%#. information and intelligence.uantitative) $ata o)taine$ throu&h o)servation or mathematical (statistical) analysis or mo$ellin& is use$ for ma%in& lon&-term $ecisions. but also in quantitative figures and it obtained from the historic data or it projected from the industry standard and assumptions. choice. growth. balance sheet and capital employed and also using performance indicators and it will contribute decision ma ing process. alternatives. such as income statement. Therefore analysing the financial statements.6'#. $!& A re'ie of budget forecasts from the financial data The projected financial statements of the proposed care home analyzed the prediction and moving ahead to put the plan into action. The systematic approach of decision ma ing process deals with recognition of the problems. !"#) rational financial $ecision ma%in& is.// The financial statements presented not only in a prescribed formats.

$(6.(2 with a current ratio of #. =$(.%$'. The proposed firm has an another investment project with a (%) return on capital. cash flow.#2=. =%) of total rent for a fiscal year added as other income & =%$$$ shows a total of & #. #32.'( Therefore !nnual I** F ==. capital allowances government taxes and grants.>>) is the administrative overhead. 1!ppendix 5 2(4 The statement of changes in financial position shows a total source of & 2.(%. employee or process and service.#2= and total asset & 323. $!( Systematic analysis of budget forecasts and organi%ational performance The firm moving with a mission and vision 1outcome.'(1!ppendix 5 234 The predicted financial statements shows a bright future and enhancement in operations may lead the firm in higher positions in mar et leadership.(.$=) and a gross profit #%. The total liabilities and capital shows & 2. besides that it values people. residual value of the asset and sensitivity analysis.'>) . and 3$'. availability of fund. source and cost of fund. price. prevent projects over run and align the organization being strategic goals and respond positively with changes. The cost of sales shows %#.'( as net income and &2. ($2. Aut of that (3. The benefit of performance management is. operating cost and capital expenditure.34.>3. paybac period.$$$ with a net change balance of & 2.>3 net cash provided by operations.'2=.2#6. Eotivated wor force and improved management control can help to achieve performance and strategic goals.8 the government . life time of the project. it increases the revenue and reduces the cost. Analysis of financial data from different in'estment options for optimum return The investment project decision depends and consider the factors such as. 1!ppendix 5 2$4 The cash flow statement shows &>>>.'( and out of that total uses & (3$. but if proceed with the proposed project of health and social care project the return is.>3. 1!ppendix 5 22 D 2%4 The balance sheet shows retained earnings of & >>>. '2=.63). It focuses on performance of a firm. government and environment. community. such as sales volume. efficient and dynamic manner.6'#. The performance management ensures the goals of the firm meet in an effective. Initial investment F %$$$$$ !nnual net cash flow F >>>2#=.'>) Gross return F ==. department.>>6. $!.

or pay!ac" period# Investment appraisal is an integral part of capital !udgeting. are e*pected to generate cash flo$s over several years# +he decision to accept or re)ect a 'apital !udgeting pro)ect depends on an analysis of the cash flo$s generated !y the pro)ect and its cost#&& (Mark A. internal rate of return (IRR). $!. interest and future repair and overhauls. besides that if needs more specific on cash flows. Therefore to pursuing the project be optimal. Lane. It is greater than the initial investment of &%$$$$$. :arning . The positive HIJ of the project is & (63. The capital budgeting prepares by using both quantitative analysis and qualitative information and uses cash inflows and cash outflows other than net income followed in accrual basis.:I . 2013) ““'apital Budgeting is the process !y $hich the firm decides $hich long(term investments to ma"e# 'apital Budgeting pro)ects. ““An evaluation of the attractiveness of an investment proposal.ased Eeasures 2 ( 3 !** HIJ I** *is . potential long(term investments. sale of assets and salvage value and outflow for the capital investment.ensitivity of estimated1a4Taxation1b4Inflation1c4-apita l *ationing )*& the method of preparing e"penditure for a proposal in health care The health care sector decision ma ing authorities consider cost effectiveness analysis and budget impact assessment. using methods such as average rate of return. and is applica!le to areas even $here the returns may not !e easily %uantifia!le such as personnel.(3#.9 The discount rate of 2() and a period of one year.2013 ) Therefore the investment decision based on the earning based measures and ris based measures as follows.ac Ieriod Gearing . The cash flow can simplify by net income added with depreciation and amortization expenses. consider the reduced costs. the projected cash flow are worth of & =63. i#e#.ased Eeasures 2 ( 3 # Iay .(3#. net present value (NP ).(( today. mar"eting. 2002 . operating expenses..ritically e'aluation of 'arious methods of capital in'estment appraisal Refers to Business Dictionary. .((. and training#&& (Business Dictionary.

besides that the resources management shows a current ratio of #.>$ times. ''An e1(ression of ho* an or&ani0ation nee$s to evolve over time to meet its o)jectives alon& *ith a $etaile$ assessment of *hat nee$s to )e $one.2 Table.>3 at a (6.$=).// (Business Dictionary.>%) of revenue and after adjusting the :. gross profit at #%. an$ then statin& *hat is re. The project is in starting stage and has to implement to achieve the targeted results.2# and 2%4. The operational analysis shows a cost of sales %#. The profitability ratio shows return on total assets %(.'( at a ((. The income statement 1!ppendix. The project7s predicted financial statement shows a pleasant future such as+. The wor ing capital shows that.63) and net profit ((. !"#) The proposed health and social care needs to establish the plan according to the designed predicted plan to meet the mission and vision. &!$ The limitations of alternate models for e'aluating e"penditure The evaluation of -apital expenditure methods are !**.>3 12+#. HIJ and I**. the inventory turnover is %##.10 &!1 /ustification for the significance of proposal in connection ith organi%ational strategy Refers to )usiness $ictionary.2 .ac . or&ani0ational strate&y is. where the decision ma ing information and time period covered shown in the below Table.uire$ for the $esire$ chan&es to ta%e (lace.66). Therefore the implementation should be made correctly as per the structured project charter.26) and return on net worth '3. Develo(in& an or&ani0ational strate&y for a )usiness involves first com(arin& its (resent state to its tar&ete$ state to $efine $ifferences.$%) of revenue. Iay .>34.#2=.$%).224 shows an operating profit of & 22>$%%'. The =%) of rental reimbursement treated as other income.IT!<! it shows a net income of & >>>. 1!ppendix .

ources of -apital and . an or&ani0ation may )e a)le to lessen the a$verse effects of chan&e.// (2l$han$. contingency and wor ing capital. or may )e force$ to chan&e to stay com(etitive. advertising. The common issues in connection with managing change are unwillingness to change. business process excellence. 3hen chan&e occurs. instant gratification issues and cultural issues. organizational change management.tart up expenses The proposed health and social care home planned to invest by the group of investors &'$$$$ as own capital and decided to borrow from ban & ##$. have a s(ecific comfort 0one.11 The !** used the accrual accounts amounts and time period covered an average of all years.34 . ''Chan&e is never easy in the )usiness *orl$. business analytics and enterprise solutions. Peo(le. lease hold improvements. Therefore total capital invested for leasing real estate. customer experience management.$$$. 4his has a ri((le effect throu&hout the or&ani0ation. that comfort 0one is $isru(te$.ac Ieriod method considered cash flows without discounted rate and time period used until the cash collected. Iay . location and administration expenses. &!( The health and pro#ect plan for the proposed 0ealth 1 social care 0ome . By un$erstan$in& *hat effects occur. 1!ppendix. 2r&ani0ations may choose to chan&e. wor force displacement issues. HIJ used the discounted cash flow for entire life of the project and finally I** used discounted cash flow and total life of the project. )y nature. &!& The key issues in management of change The strategy issues may exist in the areas of strategy alignment. opening inventory. !"#) The successful strategy managers consider variety of actions for reducing the resistance of change such as reducing unnecessary uncertainty and increased individual motivation to change behavior.

March).24 1!ppendic. The starting month 1Eay4 only meet the target of %$) and afterwards there is an increment of 2$) revenue in every month and the last quarter final two months it will be 2%$). non payroll cost for nursing and personal care.#4 and the 2( months prediction 1!ppendix 5 % to =4. % to =4 &!(!( 4esponsibilities and milestone The responsibilities of project management and administer the implementation process by the project manager 1<irector4 and procurement and resource allocation including human resource by manager 1operations4. (2013. as per the following assumption.htm ..12 &!(!1 2"penditure and benefits The project proposal considered the standard average industry rates to calculate the pay roll cost for the nursing and personal care. 1!ppendic.)7S856 The e"isting demands and deri'ing opportunities in health and social care sector dynamically enforcing to begin ne business entities in this sector! The future opportunities in this sector ob'iously pro'ide business entities a bright future9 if the entities can pro'ide high +uality ser'ice according to the industry standard! The competing po er should be obtained by 'alues9 +uality ser'ice and strategic approach to the economy9 en'ironment and industry! The globali%ation and liberali%ation allo s e"panding and e"ceeds the geographical boundaries! 42F2426.2S Accounting for Management. from accounting4management. 1!ppendix 5 24 &!(!$ 3ilestones The project aimed to utilise the opportunities in health and social care and study the viability of the investment project and implement the project within the scheduled time correctly to attain the scope of the project to attain the expected benefits by satisfying the milestones by project team 1!ppendix. Retrie e! March 19.com" htt#"$$accounting4management.>4 &!(!. . The increase of based on the number of clients in outside and the maximum utilisation of resources within the organization. 1 !ppendix. 2013. besides that considered an average rate for nursing and personal care fees. Budget.com$%a&e%'(u!get.56. !.>4 &!(!& Budgets The budgets prepared as per the industry standards 1!ppendic. 3anagement monitoring and control The project manager is responsible to implement the plan and administer the firm in future 1!ppendix 5 >4 . profit margin.

Retrie e! 0e(ruar/ 26.2en*ea&th. (2013.com$)u%ine%%0inance1n&ine$3)$3a#ita&)u!geting. 0e(ruar/ 26). March 09).ecommerce. (2002 . Retrie e! March 26. no*$(u!get%. APP26D8:2S !ppendix. (2013.confi!ence$ )u%ine%% .com$)u%ine%%0inance1n&ine" htt#"$$***.htm 1&!han!. Conflict Resolution. (2013.eho*. March 26).com$mar+eting$mar+eting.#o*er. External Enviornment.R'81. (2002).com" htt#"$$***.htm& ecommerce. Retrie e! March 18.htm& )u%ine%% 0inance 1n&ine. 2013. March).2 O**+. Retrie e! 0e(ruar/ 25. Retrie e! March 19.804<8. no*. (2001. from (oun!&e%%.com$!efinition$e-terna&. from (u%ine%%!ictionar/. Business Finance nline ! Capital Budgeting. Internal Rate of Return. 'he BC* matris product portfolio method . Purchasing Power.789:. investment appraisal. Retrie e! 0e(ruar/ 26.com$!efinition$in e%tment.#urcha%ing.com" htt#"$$***. Retrie e! 0e(ruar/ 24.(u%ine%%!ictionar/.net$" htt#"$$***. a&ue(a%e!management. Retrie e! March9 09. "hat #re $e% &anagement Change Issues 'hat #ccompan% Changes to Business Processes( Retrie e! mAR3? 25. 2013.no*. from en*ea&th. 2013.an!. 0e(ruar/ 24).com$)u%ine%%0inance1n&ine" htt#"$$***. Mar+ A. (2013.13 )oun!&e%%. (2013. Budgets.com" ***. 2013.com" htt#"$$***.com$#age%$artic&e$ne*=.@. 2013 ). >.com$)u%ine%%0inance1n&ine$3)$4RR. >hi&a!e&#hia" 1#en 6ni er%it/ >re%%.ictionar/. 2013. from Min! 9oo&%" htt#"$$***. 2013. income.net$metho!%'(cgmatri-.accom#an/.2en*ea&th.htm& Re%earch an! 0oreca%ting 6. 0un!ing hea&th care 1#tion% for 8uro#e.en ironment$e-terna&.htm& B?1.htm& Min! 9oo&%. Funding health care ptions for Europe (#.com$image%$ecommerce.com$u+$hea&thcare Aa&ue )a%e! Management . 2013 . en ironment. Consumers' Income.com" htt#"$$***.2013). 2013.no*. from eho*.factor%$con%umer%. March 08). 2013. from (u%ine%%!ictionar/. 05 25).*/ R-01 '"2 . 4n B?1.20. Care )omes Review. =ane. )uchingham. (2002.ictionar/.min!too&%.htm5)6. 9.com" htt#%"$$***. (2013). 2013.(oun!&e%%. from 2en*ea&th.co&&ier%. Retrie e! March 08.(u%ine%%!ictionar/.com.a##rai%a&. 41).com$info'7999668'+e/.#roce%%e%. and Confidence . from a&ue(a%e!management. from ecommerce.(u%ine%%. (2013.-.htm& )u%ine%% .change%. from co&&ier%.

8 A:13-81 .%%+-((-.' %&&' .-P-/3455 C4-0 PC P34970 M-387.(2 >>>..236.11<5/ 9116.(0 3.++ *----.efore Taxation "ess Taxation (%) Irofit for the period 0*.4#2 1"./.&#2 14.(((..2>$.N+367.3$ (2=62>%.6'#.6%#.$$ 2.>3 =%$$$ %(.8 P-/ 3455 *460 ... %6%./0 %-0&)0.%%'.23=.3#2 2'.>3 ..(((.* N4.(% (2=62>%.%%'.6%#.."#2 3#.2( %6%.&#2 3..( .2%6.%(%)(*+.>3 (=2.6'#.&.11<5/ 9116.PC A:13-81 .8 N4.>3 $ $ 2.3$ 2==%==>.'( ##$$$$ 2$>#%%'.T!T:E:HT FA* 2( EAHT@.1#2 " & 2' !ppendix..>$$./0 %+-((-.#2=.%&' (%)(*+. recurring !ssets Operat#n$ Prof#t efore 3#nance Char$es !dd Finance Income "ess Finance :xpenses 1##$$$$ M 2()4 Irofit .PC %.3%'.+367.14 P-/3455 C460 N+367.++ -+)%+.6% Kearly Total 12( months4 %.' -+)%+.-P-/3455 C460 N+367./EE!*K AF I*AL:-T:< IH-AE: . PROPOSED HEALTH &SOCIAL CARE Expected Sales for each month out of base total ase Total Re!enue "urs#n$ & Personal Care Total Re!enues Cost of Sales Total Cost of Sales 1ross Prof#t Expenses "on pa2 roll and expenses Total Expenses Operat#n$ Prof#t efore 3#nanc#n$ Expenses Ad4usted E ITADA Less Deprec#at#on Ad4usted Operat#n$ Prof#t "ess !mortization of !ssets "ess Hon.>3 #3($$ 2..2( 2.(% 3.3%'.8 P34970 M-387.23=.

$$$ >.$$$ 2$.$$$.$$$ 2.$$$ %$.$$$ . 3$.an 2 Total .ignage Irinting TravelOentertainment AtherOadditional categories Total !dvertisingOIromotional :xpenses '$$$$.$$$ ##$.$$$ (.uildingsO*eal :state "easing Total .3 I*AIA.$$$ 2(.$$$ .$$$ 2(.$$$ 2$$.$$$ (.$$$ 3$.$$ '$.an "oans Start-u( E1(enses .$$$ 2$$.$$$ (.$$$ ($.$$$ ##$.:< @:!"T@ D @AE: -!*: .15 A##en!i-.$$$ >.an "oans .$$$ 2$.tart.up :xpenses Sources of Ca(ital AwnersN Investment ! TA : Total Investment .$$ . 3.$$$ %.opening salaries Ather Total "ocation and !dmin :xpenses Apening Inventory Eedicine and miscellaneous Total Inventory !dvertising and Iromotional :xpenses !dvertising .$$$.uildingsO*eal :state "easehold Improvements Eodification Item # Total "easehold Improvements -apital :quipment "ist Furniture :quipment Fixtures AtherO!dvanceO"ease <eposit Total -apital :quipment "ocation and !dmin :xpenses *ental /tility deposits "egal and accounting fees Irepaid insurance Ire.$$ (#$.$$$ 3$.$$$ 2$$.$$$ 2$$.$$$ %.

0@5/ R1:1.up :xpenses %.$$$ %$$.uildingsOreal estate *ent "easehold improvements -apital equipment "ocationOadministration expenses Apening inventory !dvertisingOpromotional expenses Ather expenses -ontingency fund ?or ing capital Total .an loans Ather loans Total .$$$ ##$.$$$ (#$.*/ T@1319431 M4.16 Ather :xpenses Ather expense 2OInaugural Ather expense ( Total Ather :xpenses *eserve for -ontingencies ?or ing -apital Summary Statement .+1 943 4& B1? 4& B '4 B 3# R1:1.# R1:1.8 C-31 T40-5 N+=>13 49 B1?6 A:13-81 O**+.$$$ '$.$$$ 2$$.$$$ 3$.-.$$$ !ppendix.tart.$$$ ($.+1 943 N+367.+1 A 2'C% A=4+.8 F116 .$$$ ($.$$$ 2(.-5 C-31 M1=>136 934= S4*710/ A:13-81 W11<5/ F116 943 PC T@1319431 ?-75/ R1:1. % .$$$ %.$$$ >.D1E 1## 2' % .$$$ 2$$.13 >1? A " &C% T40-5 M4.up :xpenses .-5 C-31 B+?8101? P1364.*/A # B '"2 A:13-81 W11<5/ N+367.$$$ %$.-.ource of Funds .8 F116 T@1319431 D-75/ N+367. %$$.$$$ 2$.tart.ources of -apital AwnersN and other investments .0@5/ O**+.$$$ 2$.0 # '"2 4& " & '4 13 3"# .$$$ 3$.+1 943 P1364.$$$ .

8 -.8 -.+1 943 P C 1## X % .# 2'.& 2 " & 2' 11&% 1"'. 943 N+367.? PC A:13-81 S0-.-P-/3455 C460 N+367.1 A##en!i-.11<5/ 9116.8 -.+1 943 N+367..? PC A " &F 2' T@1319431 D-75/ A:13-81 911 943 N+367.?-3? N4.&#2 1".&#2 3.8 -.PC T40-5 A:13-81 . % X 3#E #&%..? PC D13 3"# F 3"2#%4E G2 T@1319431 ?-75/ -:13-81 7.? PC A:13-81 S0-."# F 3#.?-3? P-/ 3455 *460 .?-3? N4.?-3? P-/3455 C460 N+367.8 F PC D1"'. % X 3# T40-5 N+367.& T@1319431 MONTHLY A:13-81 N+367.8 -.1 4 1# 4".8 P34970 M-387.8 -.+1 1 F 2 A:13-81 D-75/ R1:1..5 .17 T40-5 =4.8 S0-.143 G 3#E S0-.11<5/ 911 943 N+367.D2E 3"2#%4 31"3'%.0@5/ R1:1.11<5/ 9116.? PC 2'.?-3? N4..1#2 G 2 P34970 M-387.? PCA31.-P-/3455 C4-0 PC T40-5 S0-.8 -. 943 N+367.8 -.? PC D111.8 N+367.?-3? C460 49 N+367.PC T40-5 M-387.1#2 . % 2'.8 A:13-81 .*4=1 943 N+367."#2 3#.8 -.4#2 111.? PC D31"3'%.+367.? PC 11&%C% 22"%14 .? PC R1:1. P-/-3455 C460 N+367.8 -.1#2 '. 2 1 .1# A:13-81 M-387.8 -.?-3? C460 N+367.?-3? N4.* T40-5 S0-.-/ 3455 *4607.8 S0-.%#2 2'.-.2# G 2 E S0-.N+367. % %.3#2 31."#2 14.%# G 2 A:13-81 .? PC '.1# 1 .2#2 .

>$>.(( =%.=6 %%.ales 2$$) %%.ase Total 32'36=.3#2= Actober 2$$) ($23 32'.=3 33.ales for each month out of base total 5 first Puarter Eonths *evenue Hursing D Iersonal -are Total *evenues -ost of .(= (>.222.$32.2$) Total -ost of .'( 236.##3.#=>.>3>.:< @:!"T@ D.22=.33#.>% 262='>.$6#.'$$.ales .=2 236#'=.2 # 2=#33#.2$) 2=#33#.#2 2((.(3=.$%) #='2=.%= ($6($2.22=.> ( 2#($'(.3# 2=#.'='.%= >=.econd Puarter I*AIA.ales for each month out of base total Eonths *evenue Hursing D Iersonal -are Total *evenues -ost of .>( 2=#33#.=%=.%= 2%>.(> 2$#'$$.>> (3.(> 2>6.%=$.%=$.>% :xpenses Hon pay roll and expenses Total :xpenses Aperating Irofit .33(.'='.3> !ugust >$) ($23 (%3.$ $ 2(($3#.2# 32'.#3 (>#.eptember 6$) ($23 (>#.== (3.=%=.($2.2'=.> ( 2=#33#.:< @:!"T@ D.2 # 32'36=.18 I*AL:-T:< IH-AE: .>%) 6####.'' (>.2'=.'# (6.'''.2# 2=#33#.2' >%.$3'.## 33.>' Gross Irofit =2.>%63 :xpected .$ $ ((2.>3>.>> #=.$3#.(((.36=.'#6.36=.2# 32'36=.6$2.ales >=.ales Total -ost of .== #='2=.26>.3 ( ($23 2%>.A-I!" -!*: Eay %$) .='>.#=>.6 I*AL:-T:< IH-AE: .36 223.32 <ecembe r 2($) ($23 3=6.26>.33(.>( 262.ase Total 2$$) 32'36=.%% A##en!i-.>6# % 2$#.## ''.T!T:E:HT FA* .T!T:E:HT FA* first quarter I*AIA.2# .3 > 66.>( Hovembe r 22$) ($23 3#>.>( 2%'.=6 .$6#.>$>.#2 Lune '$) ($23 2>6.=2 (%3.2> 3>.efore Financing :xpenses 2%.#3 2%'6$2.%%%.'' %'.$3'.(( 3>.%= 3=6.#'=.A-I!" -!*: :xpected .32 ($6.>6 Luly =$) ($23 ((2.>% 3#>.

%.00%(7&*(.0.>>6.++ -+)%+.$'(.0%-0&)0.00)%7.)./0 00)7)(.T!T:E:HT FA* Third Puarter PROPOSED HEALTH &SOCIAL CARE Expected Sales for each month out of base total 5anuar2 %(&' 3ebruar2 %-&' 0&%- 6arch %.&' 0&%-+-7. )%7*&(..&' 0&%- Apr#l %./.%% 2=$..$$ 2#($'(..%% %(..+.> Project Charter .).+% -+-7.#' A##en!i-.0+ 0--7&)/.7 I*AL:-T:< IH-AE: .$%) #='2=.&& -+-7.&0.*.>%%.-+ 6onths Re!enue "urs#n$ & Personal Care Total Re!enues Cost of Sales Total Cost of Sales 1ross Prof#t %&&' ase Total 0&%- (%)(*+. %-%7))).*% ))7))-.+% 0)%.*.== 6#.' -+)%+.&0.== #='2=..###.'2=.2#2.== #=.).%% %(.*. 0)%.+% . 0)%7.%& %007+++.%% 2$3.2#2.-%%7(%).).(0 %/-7)/%.%% #(.&% %*/7//+. +%7-0).-+ Expenses "on pa2 roll and expenses %.// ))7))-..19 Gross Irofit :xpenses Hon pay roll and expenses Total :xpenses Aperating Irofit .>%%./0 00))(.$6 #=. %-%7))).3( 2(=.0/ --07*.0%(7&*(..0/ --07*. +%7-0).efore Financing :xpenses (6./0 Total Expenses Operat#n$ Prof#t efore 3#nanc#n$ Expenses !ppendix.() +%7-0).)..$> 2#(.+% (%)(*+.3( %=.%&' %+-((-.&0.%.&0.>%) 2%.'2=..3=6.66 #(./0 +%7-0).3( 2%'.*.// %(07000.-%%7(%).++ 0*.#=#.).$$$.3=6.%& )%7*&(..' *----.('>.>%'.== 6####.66 >%.0%+-((-.+.333..3( 223.&.0+ 0--&)/.=> %=.&& -+-7.

: The project not involved any construction and it is speci ic to implement such as/ hire the premises/ besides that it is measurable $hat processes to be completed in connection $ith openin0 or instance sta in0/ procurement/ advertisement/ le0al re1uirements2 The plan projected an achievable tar0et o revenue and operations accordin0 to the industry standard and it is realistic to the industry and $ell planned and ramed $ithin the speci ied time2 Project Scope 3 45 The health care industry re1uirements and opportunity $idely expandin0 and demandin0 4t bene its to the sta8e holders 9uality service and per ormance #inancial bene its Project Scope 6 +7T The services can provide to the society Easy access and convenience to the community 9uality or money #inancial savin0 and 1uality service at convenience Expected :ene its: :ene it What is the benefit? Per ection in service -easure What is the measure? 4ndustry standards Sta8eholder Who benefits? Community Taxation #inancial bene it Tax rules 4ndustry .20 Project Title: Proposed Health & Care Home Prepared by Financial -onsultant Date 32O$3O($23 Executive Sponsor .S-A!T.overnment 4nternal sta8e holders .an Iroject Information Project Aim To analyse the viability o investment in health care sector (To invest fund and use the opportunities existing in the health care sector) !ationale "ey Area o #ocus Start Date To implement the health care project plan correctly $ithin the speci ied time period %&'%(')%&* Projected End Date *%'%(')%&* Project +bjectives .

6 .: -ilestone Tar0et Completion Date Start +ut %&'%(')%&* De ine & Scope 4mplement simultaneously the project plan -easure & 7nderstand Project supervision and completion Desi0n & Plan :ased on plan Pilot & 4mplement Supervisor responsible Sustain & Share 4mplement the strate0y Project Team: . . Director.A. .:.21 "ey -ilestones .sta0es o the project plan. +peration mana0er !ole: Project mana0er and administrator 4mplementation o the plan Procurement and resource allocation includin0 H! Time commitment: *% days *% DA<S Additional !esource !e1uirements: Part time certi ied health care $or8ers Additional 4n ormation: The project should be implemented at speci ied time and should be started providin0 services at pre6planned time schedule2 !ppendix.

:T..3%6.Term "iabilities Total "ong.$$ "I!.(2 323.>3 323. :quipment "ong.(2 Total -urrent !ssets Iroperty and :quipment Furniture and Fixtures :quipment !ccum.%$'.>>6.$$ ($$.>>6.22 Appendix6&% !.$$$.>3 >.($$.%$'.$$$.(2 -apital .$$$.$$ 3$. <epreciation .I"ITI:.%2%.$$ =%. -urrent !ssets Ietty -ash *egular -hec ing !ccount .$$$.>>6.$$ 2.upplies Inventory Irepaid :xpenses Ather -urrent !ssets '$.$$ 23.$$R Total "iabilities 323.$$$. !H< -!IIT!" -urrent "iabilities Income Taxes Iayable Total -urrent "iabilities 2.$$$.$$ Q#3.Term "iabilities $.

$$ (.6%#.3 $ (.$% $.$$$.(2 2$.2( %.6'#.>> .$$$.$$ %>.$$ 6'(.2( 2.$$ 3$.%= $.==>.2=6.2>%.6'#.$$$.$$ 23.2# 2.$$$.>$$.#2=.$$$.tatement for 2( month ending *evenues Irofessional Fees Ather Income Total *evenues -urrent Eonth 3.(((.$$ %.$= =.( % =%.ales (.( % 6>.$$ 2>'.$$ #3.33 =.6 % %#.$$ #.'( 2.in -apital *etained :arnings Het Income Total -apital Total "iabilities D -apital %$$.alaries :xpense Ather :xpense Total :xpenses 3$%.$$$.$$$.$$ -ost of .=# $.>3 2.$$$.32 $.=$(.upplies :xpense Travel :xpense .$$ 2$$.>>6.3'2.$$$.2>%.$$ Iaid.($$.63 :xpenses <efault Iurchase :xpense !dvertising :xpense <epreciation :xpense Income Tax :xpense Insurance :xpense Interest :xpense "egal and Irofessional :xpense "icenses :xpense Affice :xpense Ather Taxes *ent or "ease :xpense .ales -ost of .$= Gross Irofit #%.#> $.3$'.$$ (.$$ 2.2=6.$$ %(.>3 !ppendix 5 22 Income .$= Total -ost of .23 Total Iroperty and :quipment Ather !ssets Total Ather !ssets Total !ssets $.ales %#.3( (.#% (3.$$ >>>.$$$.#2=.(%$.>$$.>%$.(% 2.$% $.$$ (.$$ ($.%$ 2.$(6.3>>.2( $.3 $ 2.'( $.=$(.3$'.$$$.$% $.$$$.=6 $.>' 2$$.$$ 323.

$$R Q3$.$$$.$$ Q>.in -apital /sed For %$$.$>6.#2=.2#6.(2 2.'( #3.$$ .$$R Q(3$.>3 -ash Flows from investing activities /sed For Furniture and Fixtures :quipment Het cash used in investing Q($$.%$'.$$$.>>6.$$$.24 Het Income >>>.$$R Q=%.$$$. <epreciation .$$R Q23.$$R 323.#2=.upplies Inventory Irepaid :xpenses Ather -urrent !ssets Income Taxes Iayable Total !djustments Het -ash provided by Aperations -urrent Eonth >>>.($$.$% !ppendix 5 2( -ash flow statement 2( months ending -ash Flows from operating activities Het Income !djustments to reconcile net income to net cash provided by operating activities ! sum.$$$. :quipment .'( ((.$$R -ash Flows from financing activities Iroceeds From Iaid.$$$.(2 ('2.$$$.

'( %$$.upplies Inventory Irepaid :xpenses Ather -urrent !ssets QIncreaseR <ecrease in -urrent "iabilities Income Taxes Iayable Het change >>>.eg of Ieriod Het Increase Q<ecreaseR in -ash 2.#26.$$ 2.ITIAH Kear To <ate .%$'.#26.3%6.($2.($2.alance at :nd of Ieriod -ash .'2=.'( Q($$.$$ 23.>3 .'( '$.>>6.$$R Q(3$.$$ Q323.$$ 2.T!T:E:HT AF -@!HG:.$$$.$$$.>3 >.#2=.>3 Q2.%$'.alance at .#32.'( #3. IH FIH!H-I!" IA.$$ =%.($$.$$$.25 Het cash used in financing Het increase QdecreaseR in cash %$$.in -apital Total sources /ses of wor ing capital Furniture and Fixtures :quipment Total uses Het change !nalysis of componants of changes Increase Q<ecreaseR in -urrent !ssets Ietty -ash *egular -hec ing !ccount .#26.$$$.$$$.$$ 2.'( !ppendix 5 2# .$$ 632.(2R 2.%$'.'2=.ummary -ash .$$ !ppendix 5 23 .$$$.$$$. <epreciation .>3R $.$$R Q3$.$$$.'2=.$$R 2.ources of ?or ing -apital Het Income !dd bac items not requiring wor ing capital !ccum. :quipmen ?or ing capital from operations Ather sources Iaid.$$$.%$'.'2=.

26 !ppendix 5 2% !ppendix 5 2' !ppendix 5 2= .

27 .

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