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Initial Investment

Initial investment
Acquisition of space
Electrical installations
Interior paints
Installing air conditioning
Installing security system
Purchase and Renovation
Office computer
Computer chairs
Office
Chairs
Storage cabinets
Sofa
Glass shelves
Wooden shelves
Spots
Furniture
Coffee Machine
Fridge
Microwave
TV LCD
Pack of computers
Wireless Router
Switchers
Air conditioning
Multifunction printer
Fax
Pack POS
Alarm system
Surveillance Cameras
Equipment
Licenses for Windows
Licenses for antivirus
Licenses
TOTAL

Quantity
1
1
1
1
1

Own capital (Equity) - 50% of the


initial investment

80,627.50

Bank Loan - 50% of Initial


Investment

80,627.50

IRC = 25%
IRS = 8%

20
20
1
5
3
2
6
3
5
2
1
1
2
20
1
2
2
1
1
1
1
6
20
10

Price per unit Total price


100,000.00 100,000.00
2,000.00
2,000.00
2,000.00
2,000.00
500.00
500.00
1,000.00
1,000.00
105,500.00
100.00
2,000.00
40.00
800.00
350.00
350.00
15.00
75.00
75.00
225.00
50.00
100.00
80.00
480.00
30.00
90.00
40.00
200.00
4,320.00
150.00
300.00
200.00
200.00
80.00
80.00
1,000.00
2,000.00
2,000.00
40,000.00
65.00
65.00
60.00
120.00
500.00
1,000.00
100.00
100.00
70.00
70.00
1,500.00
1,500.00
500.00
500.00
250.00
1,500.00
47,435.00
150.00
3,000.00
100.00
1,000.00
4,000.00
161,255.00

Amortized
over 5 years

Annual rate of
9%

Social Security = 23,75%


Stamp duty = 0.9%

Table of monthly revenue


Value without VAT Value of VAT
1,626.02
1,626.02
406.50
813.01
1,626.02
650.41
284.55
60.98
182.93
81.30
390.24
73.17
162.60
243.90
162.60
65.04
1,626.02
32,520.33
52.85
97.56
813.01
81.30
56.91
1,219.51
406.50
1,219.51
2,439.02
813.01

373.98
373.98
93.50
186.99
1,028.46
373.98
149.59
65.45
14.02
42.07
18.70
89.76
16.83
37.40
807.80
56.10
37.40
14.96
373.98
7,479.67
12.15
22.44
186.99
18.70
13.09
280.49
93.50
280.49
8,869.96
560.98
186.99
747.97
11,454.19

Hours of Gaming
Hours of Internet
Hours of Wireless
Cyber Area
Laptop Minnie
Laptop Leapfrog Scout
Laptop Barbie
Laptop Spiderman
Laptop Winnie The Pooh
Y-Pads for kids
Camera Disney
Electronic Kids Area
TOTAL
TOTAL ANNUAL

Quantity
1890
810
180
1800
1800
1800
900
900
900
900

TOTAL ANNUAL

Monthly clients

3600

Price per unit Total price Value without VAT Value of VAT
2.50
4,725.00
3,841.46
883.54
1.50
1,215.00
987.80
227.20
1.00
180.00
146.34
33.66
6,120.00
4,975.61
1,144.39
1.00
1,800.00
1,698.11
101.89
1.20
2,160.00
1,756.10
403.90
0.65
1,170.00
951.22
218.78
2.50
2,250.00
1,991.15
258.85
1.00
900.00
796.46
103.54
2.50
2,250.00
1,991.15
258.85
1.00
900.00
731.71
168.29
11,430.00
9,915.90
1,514.10
17,550.00
14,891.51
2,658.49
210,600.00
178,698.10
31,901.90
213,800.00

173,821.14

39,978.86

Monthly costs

Laptop Minnie Pack 6*Unit


Laptop LeapFrog Scout Pack 12*Unit
Laptop Barbie Pack 10*Unit
Laptop Spiderman
Laptop Winnie The Pooh Pack 8*Unit
Y-Pads for kids Pack 2*Unit
Camera Disney Pack 6*Unit
Electronic Kids Area
Maintenance Service
Vodafone Services
Cleaning Service
Current expenditure
Salaries
Services / Expenditures / Salaries
TOTAL
TOTAL ANNUAL

Quantity
400
200
240
300
150
600
200
1
1
1
1
1

Price per unit Total price


1.20
480.00
6.20
1,240.00
3.70
888.00
3.40
1,020.00
1.00
150.00
3.00
1,800.00
3.20
640.00
6,218.00
250.00
250.00
70.00
70.00
500.00
500.00
1,800.00
1,800.00
1,000.00
1,000.00
14,000.00
3,620.00
9,838.00
118,056.00
120,306.00

Value without VAT Value of VAT


452.83
27.17
1,008.13
231.87
721.95
166.05
902.65
117.35
132.74
17.26
1,592.92
207.08
520.33
119.67
5,331.56
886.44
203.25
46.75
56.91
13.09
406.50
93.50
1,463.41
336.59
2,130.08

489.92
1,376.36
16,516.36

FINANCIAL CHARGES

interest rate is 9%

Period

Outstanding capital
80,627.50
68,218.73
54,693.17
39,950.31
23,880.60

Interest rate Amortization


7,256.48
12,408.77
6,139.69
13,525.56
4,922.39
14,742.86
3,595.53
16,069.72
2,149.25
17,515.99

Quantity

Value
3 Years
100,000.00 2,000.00
5,500.00
550.00
2,000.00
250.00
800.00
100.00
350.00
43.75
75.00
9.38
225.00
28.13
100.00
12.50
480.00
60.00
90.00
11.25
200.00
25.00
300.00
42.84
200.00
28.56
80.00
11.42
2,000.00
285.60
40,000.00 13,332.00
65.00
9.28
120.00
17.14
1,000.00
142.80
100.00
20.00
70.00
14.00
1,500.00
214.20
500.00
71.40
1,500.00
214.20
17,493.44

1
2
3
4
5

Amortization
Initial Investment
Acquisition of space
Remodeling
Office computer
Computer chairs
Office
Chairs
Storage cabinets
Sofa
Glass shelves
Wooden shelves
Spots
Coffee Machine
Fridge
Microwave
TV LCD
Pack of computers
Wireless Router
Switchers
Air conditioning
Multifunction printer
Fax
Pack POS
Alarm system
Surveillance Cameras
TOTAL

1
1
20
20
1
5
3
2
6
3
5
2
1
1
2
20
1
2
2
1
1
1
1
6

Provision
Total provision
19,665.24
26,921.72
19,665.24
25,804.93
19,665.24
24,587.63
19,665.24
23,260.77
19,665.24
21,814.50

4 Years
2,000.00
550.00
250.00
100.00
43.75
9.38
28.13
12.50
60.00
11.25
25.00
42.84
28.56
11.42
285.60

5 Years
2,000.00
550.00
250.00
100.00
43.75
9.38
28.13
12.50
60.00
11.25
25.00
42.84
28.56
11.42
285.60

9.28
17.14
142.80
20.00
14.00
214.20
71.40
214.20
4,161.44

9.28
17.14
142.80
20.00
14.00
214.20
71.40
214.20
4,161.44

Rate
2.00%
10.00%
12.50%
12.50%
12.50%
12.50%
12.50%
12.50%
12.50%
12.50%
12.50%
14.28%
14.28%
14.28%
14.28%
33.33%
14.28%
14.28%
14.28%
20.00%
20.00%
14.28%
14.28%
14.28%

Taxes
Period

PIT

1,120.00

1,120.00

1,120.00

1,120.00

Social Security

3,451.00

3,451.00

3,451.00

3,451.00

CIT

17,186.02 17,465.22 17,769.54 21,434.26

VAT

12,008.31 23,462.50 23,462.50 23,462.50

TOTAL

33,765.33 45,498.72 45,803.04 49,467.76

5
1,120.00

PIT

8.00%

3,451.00

TC+IS

24.65%

21,795.83

CIT

25.00%

23,462.50
49,829.33

Account of exploitation
Period

Initial investment

161,255.00

Sales

213,800.00 213,800.00 213,800.00

Costs

120,306.00 120,306.00 120,306.00

Gross Income

93,494.00

93,494.00

93,494.00

Depreciation

17,493.44

17,493.44

17,493.44

Financial Charges

7,256.48

6,139.69

4,922.39

Income before taxes

68,744.08

69,860.87

71,078.17

PIT

1,120.00

1,120.00

1,120.00

Social Security

3,451.00

3,451.00

3,451.00

VAT

12,008.31

23,462.50

23,462.50

CIT

17,186.02

17,465.22

17,769.54

Results after taxes

34,978.75

24,362.15

25,275.13

CF exploration

59,728.67

47,995.28

47,690.96

CF investment

161,255.00

Net CF

161,255.00 59,728.67

47,995.28

47,690.96

213,800.00 213,800.00
120,306.00 120,306.00
93,494.00

93,494.00

4,161.44

4,161.44

3,595.53

2,149.25

85,737.03

87,183.30

1,120.00

1,120.00

3,451.00

3,451.00

23,462.50

23,462.50

21,434.26

21,795.83

36,269.27

37,353.98

44,026.24

43,664.67

44,026.24

43,664.67

PIT

8.00%

SS+IS

24.65%

CIT

25.00%

CASH FLOWS
Period
0
1
2
3
4
5

Recovery period

CF
-161,255.00
59,728.67
47,995.28
47,690.96
44,026.24
43,664.67

CF Updated
-161,255.00
56,083.25
42,315.49
39,480.91
34,222.61
31,870.01

years

CF Accumulated
-161,255.00
-105,171.75
-62,856.26
-23,375.35
10,847.27
42,717.28

months

6.50%

NPV

IRR

Interest rate

7.00%

Rate of update

6.50%

NPV

42,717.28

N of iterations
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

IRR
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
8.00%
9.00%
10.00%
11.00%
12.00%
13.00%
14.00%
15.00%
16.00%
17.00%
18.00%
19.00%
20.00%
21.00%
22.00%
23.00%
24.00%
25.00%

NPV
75,074.04
68,596.22
62,400.41
56,470.83
50,792.73
45,352.36
40,136.86
35,134.20
30,333.12
25,723.07
21,294.18
17,037.17
12,943.35
9,004.55
5,213.08
1,561.74
-1,956.28
-5,347.36
-8,617.53
-11,772.48
-14,817.55
-17,757.81
-20,598.03
-23,342.71
-25,996.13

% Exact of IRR

16.444%

Profitability index

Liquid

2.41

Gross

1.34