Professional Documents
Culture Documents
Egg Farming Enterprise
Egg Farming Enterprise
Source Of Finance
Equity
Bank Loan(12%/annum. interest)
2. Items
4.Interest on Capital
5.Taxes
6. Mortality Rate 1%
Sources of Income
ASSETS
Current Assets
Cash on Hand
Cash on Bank
Assets???
Total Current Assets
Fixed Assets
Land
Buildings
Equipments/Tools
Fence
Total Fixed Assets
COST
php700,000.00
php2,000,000.00
php1500000
php100,000.00
php294,000.00
7 Weeks to Grow
4 months per farrowing
3x Parity
php12,500.00/5 years
php50,000.00/year
php15,000.00/month
php20,000.00/month
php12,000.00/month
8,000.00/month
????????
????????
Quantity
1 Pig
1month= bought
2-7months=grower
8th month=pregnancy
12th month=Farrowing
12-13th month=Recovery
LIABILITIES
Accounts Payable
Taxes Due
Total Liabilities
COST
Investment Cost
Operational Cost
Total Cost
Benefit Cost
Sales - Cost
GG FARMING ENTERPRISE
Cost of Sales
Weanlings
e loss on mortality
294,000
php2,500.00
Income Statement
Sales
Weanlings
Total Sales
Cost of Sales
Gross Sales
Other Income
Income from sale of boars
Income from sale of Sows after average parity
Total Income
Expenses
Medicine and Supplements
Feeds
Temporary shelter for construction workers
Utilities expense
Water
Electricity
Salaries and wages
Labor
Manager
Provison for probable loss on mortality
Interest expense
Training expense
Taxes and licenses
Real state tax
Business permit
Sanitary permit
Environmental fee
Land titling
Depreciation expense
Building
Fence
Equipment
Total Expenses
Net Income
1,012,500.00
1,012,500.00
280,000.00
732,500.00
7087500
7087500
280,000.00
6,807,500.00
0.00
0.00
0
1,560,000.00
732,500.00
8,367,500.00
50,000
50,000
50,000.00 180,000.00
240000
180,000.00
240000
144,000.00
96,000.00
2,500.00
144,000.00
96,000.00
2,500.00
30,000.00 3,000
1,500
1,000
2,000
25,000
100,000.00
10,000.00
100,000.00
1,035,000
-302,500.00
3,000
1,500
1,000
2,000
100,000.00
10,000.00
100,000.00
930,000
7,437,500.00
2734500
2734500
70,000.00
2,664,500.00
3037500
3037500
210,000.00
2,827,500.00
0
390000
0
1170000
3,054,500.00
3,997,500.00
50,000
50,000
180,000.00
240000
180,000.00
240000
144,000.00
96,000.00
2,500.00
144,000.00
96,000.00
2,500.00
3,000
1,500
1,000
2,000
-
3,000
1,500
1,000
2,000
-
100,000.00
10,000.00
100,000.00
930,000
2,124,500.00
100,000.00
10,000.00
100,000.00
930,000
3,067,500.00
50,000
180,000.00
240000
144,000.00
96,000.00
2,500.00
3,000
1,500
1,000
2,000
100,000.00
10,000.00
100,000.00
930,000
3,159,500.00
50,000
180,000.00
240000
144,000.00
96,000.00
2,500.00
3,000
1,500
1,000
2,000
100,000.00
10,000.00
100,000.00
930,000
6,425,000.00
50,000
180,000.00
240000
144,000.00
96,000.00
2,500.00
3,000
1,500
1,000
2,000
100,000.00
10,000.00
100,000.00
930,000
2,124,500.00
50,000
180,000.00
240000
144,000.00
96,000.00
2,500.00
3,000
1,500
1,000
2,000
100,000.00
10,000.00
100,000.00
930,000
3,067,500.00
50,000
180,000.00
240000
144,000.00
96,000.00
2,500.00
3,000
1,500
1,000
2,000
100,000.00
10,000.00
100,000.00
930,000
3,084,500.00
50,000
180,000.00
240000
144,000.00
96,000.00
2,500.00
3,000
1,500
1,000
2,000
100,000.00
10,000.00
100,000.00
930,000
6,780,000.00
Balance Sheet
As of December 31, 2016
Assets
Current Assets
Cash and other cash items
Cash on hand
Cash in Bank
50,000.00
2,407,500.00
Non-current Assets
Property, plant, and equipment
Land
Building
Equipment
Fence
700,000.00
2,000,000.00
1,500,000.00
100,000.00
4,300,000.00
100,000.00
150,000.00
10,000.00
260,000.00
4,040,000.00
Total Assets
6,497,500.00
3,400,000.00
Capital
Ion James, Capital
3,097,500.00
6,497,500.00
50,000.00
10,987,500.00
50,000.00
5,924,500.00
50,000.00
7,117,500.00
700,000.00
2,000,000.00
1,500,000.00
100,000.00
700,000.00
2,000,000.00
1,500,000.00
100,000.00
700,000.00
2,000,000.00
1,500,000.00
100,000.00
4,300,000.00
200,000.00
300,000.00
20,000.00
500,000.00
3,800,000.00
4,300,000.00
300,000.00
450,000.00
30,000.00
750,000.00
3,550,000.00
4,300,000.00
400,000.00
600,000.00
40,000.00
1,000,000.00
3,300,000.00
14,837,500.00
9,524,500.00
10,467,500.00
3,400,000.00
3,400,000.00
3,400,000.00
11,437,500.00
6,124,500.00
7,067,500.00
14,837,500.00
9,524,500.00
10,467,500.00
50,000.00
7,459,500.00
50,000.00
10,975,000.00
50,000.00
6,924,500.00
700,000.00
2,000,000.00
1,500,000.00
100,000.00
700,000.00
2,000,000.00
1,500,000.00
100,000.00
700,000.00
2,000,000.00
1,500,000.00
100,000.00
4,300,000.00
500,000.00
750,000.00
50,000.00
1,250,000.00
3,050,000.00
4,300,000.00
600,000.00
900,000.00
60,000.00
1,500,000.00
2,800,000.00
4,300,000.00
700,000.00
1,050,000.00
70,000.00
1,750,000.00
2,550,000.00
10,559,500.00
13,825,000.00
9,524,500.00
3,400,000.00
3,400,000.00
3,400,000.00
7,159,500.00
10,425,000.00
6,124,500.00
10,559,500.00
13,825,000.00
9,524,500.00
50,000.00
8,117,500.00
50,000.00
8,384,500.00
50,000.00
8,930,000.00
700,000.00
2,000,000.00
1,500,000.00
100,000.00
700,000.00
2,000,000.00
1,500,000.00
100,000.00
700,000.00
2,000,000.00
1,500,000.00
100,000.00
4,300,000.00
800,000.00
1,200,000.00
80,000.00
2,000,000.00
2,300,000.00
4,300,000.00
900,000.00
1,350,000.00
90,000.00
2,250,000.00
2,050,000.00
4,300,000.00
1,000,000.00
1,500,000.00
100,000.00
2,500,000.00
1,800,000.00
10,467,500.00
10,484,500.00
10,780,000.00
3,400,000.00
3,400,000.00
7,067,500.00
7,084,500.00
10,780,000.00
10,467,500.00
10,484,500.00
10,780,000.00