Financial Projection

and Budget Plan

Projected Income Statement

of BABES Food Truck
Revenue
Sales
Cost of Sale
Cost of Sale
GrossIncome

Income Statement
Year 1

Year 2 (20%)

Php. 4,813,750

Php. 5,776,500

Php. 2,215,500
Php.2,598,250

Php. 2,658,600
Php.3,117,900

Advertising/ Promotion
Compensation
Lease
Organizational Fee
Equipments
Others
Electricity
Water
Maintenance
Total OperatingExpense

Php. 61,999
Php. 696,000
Php. 120,000
Php. 20,000
Php. 36,463

Php. 61,999
Php. 696,000
Php. 120,000
Php. 20,000
Php. 36,463

Php. 60,000
Php. 18,000
Php. 50,000
Php.1,059,701

Php. 60,000
Php. 18,000
Php. 50,000
Php.1,059,701

Net Income

Php.1,538,549

Php.2,058199

Projected Balance Sheet of

BABES Food Truck
Cash
Inventory
Total Current Asset

Balance Sheet
Year 1
Php. 100,000
Php. 100,000
Php.200,000

Year 2
Php. 1,638,549
Php. 100,000
Php.1,738,549

Fixed Asset
Food Truck
Equipments
Total Asset

Php. 800,000
Php. 36,463
Php.1,036,463

Php. 800,000
Php. 36,463
Php.2,575,012

OwnersEquity
Paid-in-capital
Retained Capital
Total Equity

Php. 1,036,463
Php.1,036,463

Php. 1,036,463
Php. 1,538,549
Php.2,575,012

Projected Cash Flow of

BABES Food Truck
Cash Flow
Year 1
Php.1,538,549

Year 2
Php.2,058199

Financial Activity
Cash Investments

Php.1,036,463

Php.1,036,463

Cash Reconciliation
Beginning Cash
Change in Cash
Ending Cash

Php.100,000
Php.1,568,549
Php.1,638,549

Php.1,638,549
Php.1,568,549
Php.3,696,748

Net Income

Projected Breakeven Report

of BABES Food Truck
Breakeven sales (fixed cost/contribution margin)
1,059,701/63.50% = 1,668,820.47
Breakeven Sales = Php. 1,668,820.47
Breakeven Sales per day = Php. 5562.73/day

Breakeven units
Breakeven Unit = 429,074
Breakeven Unit/Day = 1,430/day

Financial Ratios
Liquidity
Current Assets/Current Liabilities = Current Ration
1,036,463/120,000=8.64
(Current Asset-Inventory)/Current Liabilities=Quick Ratio
(1,036,463 100,000)/120,000=7.80
(Current assets Current Liabilities)/Sales=Net Working
Capital
(1,036,463- 120,000)/4,813,750=0.19

Profitability
Gross Income/Sales =Gross Profit Margin
2,598,250/4,813,750 =0.54
Operating Income/Sales =Operating Margin
1,538,549/4,813,750 =0.32
Net Income/Sales =Net Margin
1,538,549/4,813,750 =0.32