Income Sta

Year 1 Year 2 Year 3 Year 4

Sales / Revenue 14,879,700 17,044,020 19,387,573 21,922,871
Cost of Sales 7,919,340 9,071,244 10,318,540 11,667,888
Gross Profit 6,960,360 7,972,776 9,069,033 10,254,983
operating Expenses
Salaries 1,886,000 2,113,200 2,220,120 2,337,732
promotional expense 297,594 340,880 387,751 438,457
maintenance cost 297,594 312,474 328,097 344,502
depreciation 59,484 59,484 59,484 59,484
amortization 20,833 20,833 20,833 20,833
Utilities Expenses 147,000 147,000 147,000 147,000
total operating Exp 2,708,505 2,993,871 3,163,286 3,348,009
Gain / Loss from Closing Opr
EBIT 4,251,855 4,978,905 5,905,747 6,906,974
Interest 95,301 91,250 86,469 80,827
EBT 4,156,554 4,887,655 5,819,278 6,826,147
tax 1,454,794 1,710,679 2,036,747 2,389,152
net profit 2,701,760 3,176,976 3,782,531 4,436,996
Income Statement
Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
24,663,230 27,622,817 30,816,705 34,260,925 37,972,526 39,871,152
13,126,374 14,701,538 16,401,404 18,234,502 20,209,906 21,220,401
11,536,856 12,921,279 14,415,302 16,026,424 17,762,619 18,650,750

2,467,105 2,609,416 2,765,957 2,938,153 3,127,568 3,335,925

493,265 552,456 616,334 685,219 759,451 -
361,727 379,814 398,804 418,745 439,682 461,666
59,484 59,484 59,484 59,484 59,484 59,484
20,833 20,833 - - - -
147,000 147,000 147,000 147,000 147,000 147,000
3,549,414 3,769,003 3,987,580 4,248,600 4,533,185 4,004,075
(1,118,353)
7,987,442 9,152,276 10,427,722 11,777,824 13,229,435 2,885,722
74,170 66,315 57,045 46,107 33,201 17,971
7,913,272 9,085,961 10,370,677 11,731,716 13,196,234 2,867,751
2,769,645 3,180,086 3,629,737 4,106,101 4,618,682 1,003,713
5,143,627 5,905,875 6,740,940 7,625,615 8,577,552 1,864,038
Cash from Operating Activities Year 1
Net Profit - 2,701,760
Amortization - 20,833
Depreciation - 59,484
Increase in Cash from Salaries - 130,000
Increase in cash due to Prepaid Rent - 150,000
Change in Working Capital
Accounts Receivable - 297,594
Accounts payable - 158,387
Finished Goods - 1,653,300
Stock (Raw material) - -
Total Change (1,792,507)

Recovery From Working Capital

Gain / Loss in Working Capital

Net flow from operating activities 1,269,570

cash from Investing Activities

Machinery (44,000)
Other Equipment (113,000)
Security (150,000)
Raw Material (415,000)
Interior Decoration (437,838)
Preliminary Expense (125,000)
Prepaid Salaries (130,000)
Prepaid Rent (150,000)

Net flow from Investing Activities (1,564,838)

Cash from Financing Activities

Owner's Equity 1,235,387
Debt 529,451
Repayment of Loan (22,509)
Drawings (945,616)

Net Flow from Financing Activities 1,764,838 (968,125)

Total Cash Flows 200,000 301,444

Opening Cash 200,000

Closing Cash 200,000 501,444
 Cash Flow Statement
Year 2 Year 3 Year 4 Year 5 Year 6
3,176,976 3,782,531 4,436,996 5,143,627 5,905,875
20,833 20,833 20,833 20,833 20,833
59,484 59,484 59,484 59,484 59,484

43,286 46,871 50,706 54,807 59,192

23,038 24,946 26,987 29,170 31,503
240,480 260,395 281,700 304,484 328,843
20,750 21,788 22,877 24,021 25,222
(281,478) (304,107) (328,296) (354,142) (381,753)

2,975,815 3,558,741 4,189,017 4,869,801 5,604,439

(26,561) (31,342) (36,984) (43,641) (51,496)

(1,111,942) (1,323,886) (1,552,949) (1,800,269) (2,067,056)

(1,138,503) (1,355,228) (1,589,932) (1,843,910) (2,118,552)

1,837,312 2,203,513 2,599,085 3,025,891 3,485,886

501,444 2,338,756 4,542,269 7,141,354 10,167,245

2,338,756 4,542,269 7,141,354 10,167,245 13,653,132
tatement
Year 7 Year 8 Year 9 Year 10
6,740,940 7,625,615 8,577,552 1,864,038
- - - -
59,484 59,484 59,484 59,484

63,878 68,884 74,232 -

33,997 36,662 39,508 -
354,876 382,691 412,400 -
26,483 27,807 29,197 -
(411,240) (442,721) (476,321) -

4,219,213
1,118,353

6,389,184 7,242,379 8,160,715 7,261,088

(60,765) (71,703) (84,610) (99,840)

(2,359,329) (2,668,965) (3,002,143) (652,413)

(2,420,094) (2,740,669) (3,086,753) (752,253)

3,969,090 4,501,710 5,073,962 6,508,835

13,653,132 17,622,221 22,123,931 27,197,893

17,622,221 22,123,931 27,197,893 33,706,728
Assets year 1 year 2
Fixed Assets
Machinery 39,600 35,200
Other Equipment 101,700 90,400
Interior Decorations 394,054 350,270
Total Fixed Assets 535,354 475,870

Preliminary Expenses 104,167 83,333

Current Assets
Account Receivable 297,594 340,880
Cash in Hand / Bank 501,444 2,338,756
prepaid Security 150,000 150,000

Stock
Raw Material 415,000 435,750
finished goods 1,653,300 1,893,780
Total Current Assets 3,017,338 5,159,167

Total Assets 3,656,859 5,718,371

Liabilities & Owner's Equity

Owners Equity
Total Equity 2,991,531 5,056,565
Long Term Loans 480,381 449,039
Current Liabilities
Current Portion 26,561 31,342
Account Payable 158,387 181,425
Total Current Liabilities 184,948 212,767
Total Liabilities 665,329 661,806
Total Liabilities & Equity 3,656,859 5,718,371

Sta
opening capital 1,235,387 2,991,531
drawing (945,616) (1,111,942)
net income 2,701,760 3,176,976
closing capital 2,991,531 5,056,565
year 3 year 4 year 5 year 6

30,800 26,400 22,000 17,600

79,100 67,800 56,500 45,200
306,487 262,703 218,919 175,135
416,387 356,903 297,419 237,935

62,500 41,667 20,833 -

387,751 438,457 493,265 552,456

4,542,269 7,141,354 10,167,245 13,653,132
150,000 150,000 150,000 150,000

457,538 480,414 504,435 529,657

2,154,175 2,435,875 2,740,359 3,069,202
7,691,733 10,646,100 14,055,304 17,954,447

8,170,619 11,044,670 14,373,556 18,192,382

7,515,210 10,399,257 13,742,614 17,581,433

412,055 368,414 316,918 256,153

36,984 43,641 51,496 60,765

206,371 233,358 262,527 294,031
243,355 276,999 314,024 354,796
655,409 645,413 630,942 610,949
8,170,619 11,044,670 14,373,556 18,192,382

- - - -

Statement of Owner's Equity

5,056,565 7,515,210 10,399,257 13,742,614
(1,323,886) (1,552,949) (1,800,269) (2,067,056)
3,782,531 4,436,996 5,143,627 5,905,875
7,515,210 10,399,257 13,742,614 17,581,433
 year 7 year 8 year 9 year 10

13,200 8,800 4,400 -

33,900 22,600 11,300 -
131,351 87,568 43,784 -
178,451 118,968 59,484 -

- - - -

616,334 685,219 759,451 -

17,622,221 22,123,931 27,197,893 33,706,728
150,000 150,000 150,000 -

556,140 583,947 613,144 -

3,424,078 3,806,769 4,219,170 -
22,368,773 27,349,866 32,939,657 33,706,728

22,547,225 27,468,833 32,999,141 33,706,728

21,963,044 26,919,694 32,495,103 33,706,728

184,449 99,840 (0) (0)

71,703 84,610 99,840 -

328,028 364,690 404,198 -
399,731 449,300 504,038 -
584,181 549,139 504,038 (0)
22,547,225 27,468,833 32,999,141 33,706,728

- - - -

ty
17,581,433 21,963,044 26,919,694 32,495,103
(2,359,329) (2,668,965) (3,002,143) (652,413)
6,740,940 7,625,615 8,577,552 1,864,038
21,963,044 26,919,694 32,495,103 33,706,728
 Working F
Production Capacity Per Month Units 1,000 12,000
capacity Utilization (Percentage) 1 1
Total production( in units) 6,600 7,200

Total Value Rs. Rs.

Casual Wear 5,016,000 5,745,600
Semi Formal Wear 3,168,000 3,628,800
Formal Wear 8,349,000 9,563,400
Party Wear 10,626,000 12,171,600
Bridal wear 3,300,000 3,780,000
Total Production 16,533,000 18,937,800

Total Sales (Total Production) 1 14,879,700 17,044,020

Production Breakup (Segregate)

Units. Units.
Casual Wear 0 2,508 2,736
Semi Formal Wear 0 990 1,080
Formal Wear 0 1,518 1,656
Party Wear 0 1,518 1,656
Bridal wear 0 66 72

Prices (5% increase per annum)

Basic Rs. Rs. Rs.
Casual Wear 2,000 2,000 2,100
Semi Formal Wear 3,200 3,200 3,360
Formal Wear 5,500 5,500 5,775
Party Wear 7,000 7,000 7,350
Bridal wear 50,000 50,000 52,500

Working For C
Casual Wear 0 1,304,160 1,493,856
Semi Formal Wear 0 823,680 943,488
Formal Wear 0 2,170,740 2,486,484
Party Wear 0 2,762,760 3,164,616
Bridal wear 0 858,000 982,800

Total CGS 7,919,340 9,071,244

 Working
Rent Increase 10% every Year Basic Rent
rent for shops @ 35000 per month 420,000 420,000 462,000
rent for house @ 15000 180,000 180,000 198,000
Total Rent 600,000 660,000

Working For Ad
salaries 2,016,000 2,113,200
promotional expenses 297,594 340,880
Depreciation 59,484 59,484
Amortization 20,833 20,833
Maintenance Cost 297,594 312,474
Utilities Expenses 147,000 147,000
2,838,505 2,993,871

Depreciati
Fixed Assets @ straight line method
having salvage value Nil 59,484 59,484
Amortization of preliminary Expenses
(@ 16.667% per annum) 20,833 20,833

Workin
Account Receivable - 297,594 340,880
Account Payable - 158,387 181,425
Stock in hand (Raw Material) 415,000 415,000 435,750
Finished Goods - 1,653,300 1,893,780

Loan w
Payment (117,811) (117,811)
Interest Expense 95,301 91,250
Principal (22,509) (26,561)

Balance Due 506,942 480,381

Raw M
Stock in hand 415,000 435,750
 Finishe
Stock In hand 1,653,300 1,893,780

Dra
Drawings 945,616 1,111,942

Clo

Account Receiveable 607,560

Account Payable (404,198)
Security 150,000
Stock (Raw Material) 490,515
Finished Goods 3,375,335.61
Total Recovery 4,219,213

Loss in Recovery (151,890)

Gain on Payable -
Security deficit -
Stock (Raw Material) (122,629)
Finished Goods (843,834)
Total Loss from recovery (1,118,353)

IR
IRR (1,764,838) 501,444 2,338,756

Payback perio
Initial Investment 1,764,838 1,764,838
1st year Cash Flow 501,444 424,952.88
1,263,394 1,339,885
2nd Year Cash Flow 2,338,756 1,679,658
Payback Period 1.54 1.80
 Working For Revenue

1 1 1 1 1
7,800 8,400 9,000 9,600 10,200

Rs. Rs. Rs. Rs. Rs.

6,535,620 7,390,278 8,314,063 9,311,750 10,388,421
4,127,760 4,667,544 5,250,987 5,881,105 6,561,108
10,878,368 12,300,923 13,838,539 15,499,163 17,291,254
13,845,195 15,655,721 17,612,686 19,726,208 22,007,051
4,299,750 4,862,025 5,469,778 6,126,152 6,834,488
21,541,748 24,358,745 27,403,588 30,692,019 34,240,784

19,387,573 21,922,871 24,663,230 27,622,817 30,816,705

Units. Units. Units. Units. Units.

2,964 3,192 3,420 3,648 3,876
1,170 1,260 1,350 1,440 1,530
1,794 1,932 2,070 2,208 2,346
1,794 1,932 2,070 2,208 2,346
78 84 90 96 102

Rs. Rs. Rs. Rs. Rs.

2,205 2,315 2,431 2,553 2,680
3,528 3,704 3,890 4,084 4,288
6,064 6,367 6,685 7,020 7,371
7,718 8,103 8,509 8,934 9,381
55,125 57,881 60,775 63,814 67,005

Working For Cost of Goods Sold

1,699,261 1,921,472 2,161,656 2,421,055 2,700,990
1,073,218 1,213,561 1,365,257 1,529,087 1,705,888
2,828,376 3,198,240 3,598,020 4,029,782 4,495,726
3,599,751 4,070,487 4,579,298 5,128,814 5,721,833
1,117,935 1,264,127 1,422,142 1,592,799 1,776,967

10,318,540 11,667,888 13,126,374 14,701,538 16,401,404

 Working For Rent
508,200 559,020 614,922 676,414 744,056
217,800 239,580 263,538 289,892 318,881
726,000 798,600 878,460 966,306 1,062,937

Working For Administrative Cost

2,220,120 2,337,732 2,467,105 2,609,416 2,765,957
387,751 438,457 493,265 552,456 616,334
59,484 59,484 59,484 59,484 59,484
20,833 20,833 20,833 20,833 -
328,097 344,502 361,727 379,814 398,804
147,000 147,000 147,000 147,000 147,000
3,163,286 3,348,009 3,549,414 3,769,003 3,987,580

Depreciation Schedule
59,484 59,484 59,484 59,484 59,484

20,833 20,833 20,833 20,833 -

Working Capital
387,751 438,457 493,265 552,456 616,334
206,371 233,358 262,527 294,031 328,028
457,538 480,414 504,435 529,657 556,140
2,154,175 2,435,875 2,740,359 3,069,202 3,424,078

Loan working
(117,811) (117,811) (117,811) (117,811) (117,811)
86,469 80,827 74,170 66,315 57,045
(31,342) (36,984) (43,641) (51,496) (60,765)

449,039 412,055 368,414 316,918 256,153

Raw Material
457,538 480,414 504,435 529,657 556,140
 Finished Goods
2,154,175 2,435,875 2,740,359 3,069,202 3,424,078

Drawings
1,323,886 1,552,949 1,800,269 2,067,056 2,359,329

Closing
Remaining
-
-
-
-
-

IRR
4,542,269 7,141,354 10,167,245 13,653,132 17,622,221

Payback period By goal Seek

 1 1 1
10,800 11,400 11,400

Rs. Rs. Rs.

11,549,480 12,800,674 13,440,708
7,294,409 8,084,636 8,488,868
19,223,806 21,306,385 22,371,704
24,466,662 27,117,217 28,473,078
7,598,342 8,421,496 8,842,571
38,067,695 42,191,695 44,301,280

34,260,925 37,972,526 39,871,152

Units. Units. Units.

4,104 4,332 4,332
1,620 1,710 1,710
2,484 2,622 2,622
2,484 2,622 2,622
108 114 114

Rs. Rs. Rs.

2,814 2,955 3,103
4,503 4,728 4,964
7,739 8,126 8,532
9,850 10,342 10,859
70,355 73,873 77,566

3,002,865 3,328,175 3,494,584

1,896,546 2,102,005 2,207,106
4,998,190 5,539,660 5,816,643
6,361,332 7,050,476 7,403,000
1,975,569 2,189,589 2,299,068

18,234,502 20,209,906 21,220,401

 818,461 900,307 990,338
350,769 385,846 424,431
1,169,230 1,286,153 1,414,769

2,938,153 3,127,568 3,335,925

685,219 759,451
59,484 59,484 59,484
- - -
418,745 439,682 461,666
147,000 147,000 147,000
4,248,600 4,533,185 4,004,075

59,484 59,484 59,484

- - -

685,219 759,451 759,451

364,690 404,198 404,198
583,947 613,144 613,144
3,806,769 4,219,170 4,219,170

(117,811) (117,811) (117,811)

46,107 33,201 17,971
(71,703) (84,610) (99,840)

184,449 99,840 (0)

583,947 613,144 613,144

 3,806,769 4,219,170 4,219,170

2,668,965 3,002,143 652,413

22,123,931 27,197,893 33,706,728

1,310

0
0
0

0
 Human Resou
Position Required salary/Month Salary/Month Year 1 Year 2
Production Staff
Designer 1 20,000 20,000 240,000 264,000
Tailor 5 6,000 30,000 360,000 360,000
Cutter/Master 2 15,000 30,000 360,000 396,000
Dyer 1 5,000 5,000 60,000 60,000
Embroider 10 4,500 45,000 540,000 540,000
Total 130,000 1,560,000 1,620,000
Administrative Staff
Sales Girl 2 12,000 24,000 288,000 316,800
Helper 1 5,000 5,000 60,000 60,000
Guard 1 7,000 7,000 84,000 92,400
Sweeper 2 1,000 2,000 24,000 24,000
Total 38,000 456,000 493,200
Grand Total 168,000 2,016,000 2,113,200

Prepaid salaries are adjusted in 1st year salaries

uman Resource Requirement
Year 3 Year 4 Year 5 Year 6 Year 7 Year 8

290,400 319,440 351,384 386,522 425,175 467,692

360,000 360,000 360,000 360,000 360,000 360,000
435,600 479,160 527,076 579,784 637,762 701,538
60,000 60,000 60,000 60,000 60,000 60,000
540,000 540,000 540,000 540,000 540,000 540,000
1,686,000 1,758,600 1,838,460 1,926,306 2,022,937 2,129,230

348,480 383,328 421,661 463,827 510,210 561,231

60,000 60,000 60,000 60,000 60,000 60,000
101,640 111,804 122,984 135,283 148,811 163,692
24,000 24,000 24,000 24,000 24,000 24,000
534,120 579,132 628,645 683,110 743,021 808,923
2,220,120 2,337,732 2,467,105 2,609,416 2,765,957 2,938,153

salaries
Year 9 Year 10

514,461 565,907
360,000 360,000
771,692 848,861
60,000 60,000
540,000 540,000
2,246,153 2,374,769

617,354 679,089
60,000 60,000
180,061 198,068
24,000 24,000
881,415 961,157
3,127,568 3,335,925
 Key Assumptions
Production Assumptions
Production Capacity (No. of dresses per month)
Capacity Utilization for the first year

operating Assumptions
Hours operational per day
Days operational per month (Production)
Days operational per month (Boutique)

Cash Flow Assumptions

Account Payable (Percentage of Cost of Goods Sold)
Growth in Last year
Account Receivable (percentage of Sales)
Growth in Last year

Expense Assumptions
Promotion Expenses after Year 1 (percentage of sales)
Raw Material Price Growth rate
Payroll growth rate
Rent growth rate

Financial Assumptions
Project Life
Debt:
Equity
Interest Rate on Long Term Debt
Debt Tenure (year)
Debt Payment per year
Number of Payments per year
Tax rate

(Interest rate is expected to be high as business is just starting up. So

its about 18% including 6% risk rate.)
Return on Equity

Rent Cost Detail

Per Month
Rent for shop 35000
Rent for house 15000

Prepaid Rent (Three Months Advance) Per Month

Shop 35000
house 15000
Total Prepaid Rent

Security Deposit for Premises

Per Month
Security for Renting Shop
@ Rs. 35000 Per month (3 Months Rent as a security) 35000
security for renting a house for installing a stitching Unit
@ 15000 per month (3 month rent as a security) 15000
Total Security for premises

Infrastructure Requirements
Main shop
Try Room
small Store
Kitchen

Building For Stitching Unit

Depreciation Assumptions

Fixed Assets @ straight line method having salvage value Nil (year) 10

Amortization of preliminary Expenses 16.67%

Amortization period 6

Maintenance Cost
Maintenance Cost (% of Sales) 2%
Growth rate (Per Annum) 5%

Production Assumptions
Casual Wear 38%
Semi Formal Wear 15%
Formal Wear 23%
Party Wear 23%
Bridal wear 1%
Total 100%

CGS Assumptions
Casual Wear
Semi Formal Wear
Formal Wear
Party Wear
Bridal wear

Boutique Timing
Winter 12:00 PM
Summer 12:00 PM

Utility Bills
Per Month
Electricity 10000
Telephone 2000
Water 250
Total Utility Bills 12250

Preliminary Expenses
Promotional Expenses 75000
Registration Fee 50000
Total Preliminary Expenses
life (years) 6
method Straight Line
salvage Value 0

Machinery detail
Stitching Machinery Number
Single Needle Lock Stitching Machine 4
Over lock Machine 1
Embroidery 2
Total
Machinery Life (Years) 10
Salvage Value 0
Depreciation Method Straight Line

Other Equipment's
units
UPS 1
Computer 1
Printer 1
Telephone 2
Fax Machine 1
Software's 1
Total

Equipment Life (Life) 10

Salvage Value 0
Depreciation Method Straight Line

Interior Decoration
Interior Decoration (Installing Lighting, Mallequins,
Hanging Racks, Mirrors, Glass pans, Cash Counter,
and Other Decorations, etc.)

Life (year) 10
Salvage Value 0
Depreciation Method Straight Line

Total Fixed Assets

Raw Material
Crepe
Shafoon
Jorjet
Silk
Moti Sitare
Other material
Total
Increase in Raw material (Per Annum)
Last Year Growth

Finished Goods
Finished Goods (production -sales)
Last Year Growth

Sales
sales (percentage of production)

Drawings
Owner draws (Percentage of Net Profits)

Closing
Account Receivable (Percentage recovered) 80%
Account Payable (Percentage paid) 100%
Security (Percentage recovered) 100%
Stock (Raw Material) 80%
Finished Goods 80%
 1000
55%

8
25
25

2%
0%
2%
0%

2%
1%
10%
10%

10 Years
30%
70%
18%
10
117,811
1
35%

18%

Per Year
 420000
180000

3 Month
105000
45000
150000

Per Year

105000

45000
150000

Sq. Ft
600
36
100
64
10 Marla
House

59483.8

20833.333

297594

2000
3200
5500
7000
 50000

40%
40%
40%
40%
40%

10:30:AM
12:00 AM

Per Year
120000
24000
3000
147000

125000

Rs./unit Total
4500 18000
10000 10000
8000 16000
44000
 Total

Per Month Per Year

45000 45000
25000 25000
4000 4000
2000 4000
5000 5000
30000 30000
113000

437838

594838

100000
100000
100000
100000
10000
5000
415000
 5%
0%

1653300
0%

90%

35%

607560.41
-404198.1
150000
490515.21
3375336
 PROJECT ECONOMICS
Fixed Asset Expenditures
Equipment
Furniture & Fixture (Interior Decoration)
Machinery
Security Deposits for Premises

Pre Operating Expenses

Salaries
Promotional Expenses
registration Fee

Working Capital
Raw material ( Fabric & Accessories)
Prepaid Rent (Boutique and Stitching Unit)

Total Working Capital

Cash in hand
Project Cost

project Returns
Internal Rate of Return (IRR)
Payback Period (Years)
Discounted Payback Period (Years)
Net Present Value (NPV)

Financial Plan
Equity 0.7
Debt 0.3
S

113,000
437,838
44,000
150,000

130,000
75,000
50,000

415,000
150,000

565,000
200,000
1,764,838

Err:523
1.54
1.80
34,135,145

1,235,387
529,451
 Amortization Table
INPUTS
Date of Loan 40,543
Loan Amount 529,451
Annual Interest Rate 0
Term of Loan (years) 10
Number of Payments per Year 1

Total Number of Payments 10

Date of Final Payment 44,196
Total Interest 648,656

Payment Principal
Payment Number Date Amount Interest Reduction Balance
- 40,543 529,451
1 40,908 117,811 95,301 22,509 506,942
2 41,274 117,811 91,250 26,561 480,381
3 41,639 117,811 86,469 31,342 449,039
4 42,004 117,811 80,827 36,984 412,055
5 42,369 117,811 74,170 43,641 368,414
6 42,735 117,811 66,315 51,496 316,918
7 43,100 117,811 57,045 60,765 256,153
8 43,465 117,811 46,107 71,703 184,449
9 43,830 117,811 33,201 84,610 99,840
10 44,196 117,811 17,971 99,840 (0)

Payment Number 1 2 3 4
Payment Amount 117,811 117,811 117,811 117,811
Interest 95,301 91,250 86,469 80,827
Principal Reduction 22,509 26,561 31,342 36,984
Balance 506,942 480,381 449,039 412,055
Payment Number 1 2 3 4
Payment Amount 117,811 117,811 117,811 117,811
Interest 95,301 91,250 86,469 80,827
Principal Reduction 22,509 26,561 31,342 36,984
Balance 506,942 480,381 449,039 412,055
 5 6 7 8 9 10
117,811 117,811 117,811 117,811 117,811 117,811
74,170 66,315 57,045 46,107 33,201 17,971
43,641 51,496 60,765 71,703 84,610 99,840
368,414 316,918 256,153 184,449 99,840 (0)
 5 6 7 8 9 10
117,811 117,811 117,811 117,811 117,811 117,811
74,170 66,315 57,045 46,107 33,201 17,971
43,641 51,496 60,765 71,703 84,610 99,840
368,414 316,918 256,153 184,449 99,840 (0)
 Depreciation Schedule
Machinery
Cost 44,000
Life 10
Method Straight Line
Salvage Value -
Year 1 Year 2 Year 3
Depreciation 4,400 4,400 4,400
Balance 39,600 35,200 30,800

Equipment
Cost 113,000
Life 10
Method Straight Line
Salvage Value -
Year 1 Year 2 Year 3
Depreciation 11,300 11,300 11,300
Balance 101,700 90,400 79,100

Interior Decoration
Cost 437,838
Life 10
Method Straight Line
Salvage Value -
Year 1 Year 2 Year 3
Depreciation 43,784 43,784 43,784
Balance 394,054 350,270 306,487

Total Depreciation 59,484 59,484 59,484

Amortization Schedule
Preliminary Expenses 125,000
life 6
method Straight Line
salvage Value -
Amortization 20,833 20,833 20,833
Balance 104,167 83,333 62,500
on Schedule
ery

Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

4,400 4,400 4,400 4,400 4,400 4,400 4,400
26,400 22,000 17,600 13,200 8,800 4,400 -

ent

Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

11,300 11,300 11,300 11,300 11,300 11,300 11,300
67,800 56,500 45,200 33,900 22,600 11,300 -

oration

Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

43,784 43,784 43,784 43,784 43,784 43,784 43,784
262,703 218,919 175,135 131,351 87,568 43,784 -

59,484 59,484 59,484 59,484 59,484 59,484 59,484

Schedule

20,833 20,833 20,833 - - - -

41,667 20,833 - - - - -