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ASSUMPTIONS

Particular

Year 1

Year 2

Assumptions
Year 3

Sales

Beginning sales forecast


based on capturing 5% of
the
market
share.
Capacity utilization rate at
75%.
100% growth over Year 1. 50% growth over Year 2

COGS
Salaries

Raw
Materials
requirements and prices.
COGS is estimated to be
70%
of
the
sales
according
to
industry
averages.
Analysis
of
industry COGS costs are
attached in the appendix.
See Personnel forecasts and associated salaries

Rent
Utilities

Insurance
Utilities
Sales & Adversitising
Entertainment
Telephone
Transportation

Rate at Tk. Xx per sft for


500,000 sft area.

Need additional area of


Projected to increase 10% 1,000,000 sft at Tk. 3
per
annum per
square
foot.

Range of costs to be
between 0.01% and
0.025%.

Range of costs to be
between 0.01% and
0.025%.

Range of costs to be
between 0.01% and
0.025%.

See the Sales & Adversiting schedule.

ASSUMPTIONS
Particular
Year 1
Year 2
Depreciation
See the depreciation schedule.
Interests
Taxes
35% Tax rate
35% Tax rate
Depreciation
See the depreciation schedule.
Project Cost - Land
Project Cost - Building
Project Cost - Equipment
Project Cost - Automobiles
Project Cost - Furnitures and Fixtures
Project Cost - Working Capital
Project Cost - Miscellaneous
Owner's Equity - Sponsors
Owner's Equity - Others
Short term loan
Long term Loan
Inventory
Accounts Receivables
Accounts Payables
Accrued Expenses

Assumptions
Year 3

35% Tax rate

Year 4

25% growth over Year 3.

Year 5

25% growth over Year 4.

Projected to increase 10% Projected to increase 10%


per
annum per
annum
Range of costs to be
between 0.01% and
0.025%.

Range of costs to be
between 0.01% and 0.025%.

Year 4

35% Tax rate

Year 5

35% Tax rate

Project Cost
Sl No.

Particular
1 Land
2 Building
3 Fixed Asset - Equipment
4 Computers & etc
5 Furnitures & Fixtures
6 Automibiles
7 Beginning Working Capital
8 Payments of Interest and Principal before beginning of operations
9
10 Total Project Cost

Cost
20,000,000
15,000,000
30,000,000
500,000
300,000
24,000,000
30,000,000

119,800,000

SOURCES & USES OF FUNDS

SOURCES
Sponsors
Share Market/other equity sources
Long term bank loans
Short term bank loans
Other sources
Retained Earnings
Total Sources of Funds
Uses of Funds
Land
Building
Fixed Assets - Equipment
Other Fixed Assets
Payment of Long term loan
Working Capital
Total Uses of Funds

Year 1

Year 2

Year 3

65,000,000

70,000,000

75,000,000

30,000,000
30,000,000

###
39,522,550

13,704,360
40,166,962

125,000,000

19,161
139,541,711

49,762
128,921,084

20,000,000
15,000,000
30,000,000
24,000,000
6,000,000
30,000,000
125,000,000

25,000,000
20,000,000
35,000,000
31,050,000
6,000,000
35,000,000
152,050,000

25,000,000
20,000,000
40,000,000
31,100,000
2,740,872
40,000,000
158,840,872

Year 4

Year 5

80,000,000

###

20,626,800

30,000,000

69,524
100,696,324

110,000,000

30,000,000
20,000,000
40,000,000
31,150,000
4,125,360
51,874,640
177,150,000

30,000,000
25,000,000
40,000,000
31,150,000
6,000,000
157,426,800
289,576,800

Investment Schedule
Sl No. Particular
1 Land
2 Building
3 Fixed Asset - Equipment
4 Fixed Asset - Equipment
5 Fixed Asset - Equipment
6 Fixed Asset - Equipment
7 Fixed Asset - Equipment
8 Fixed Asset - Equipment
9 Furnitures & Fixtures
10 Computers & etc
11 Automobiles
12 Miscelleaneous
13 Others
Total

1
1
1
1
1
1

Year 1
20,000,000
15,000,000
30,000,000

Year 2
25,000,000
20,000,000
35,000,000

Year 3
25,000,000
20,000,000
40,000,000

300,000
500,000
24,000,000

500,000
550,000
30,000,000

500,000
600,000
30,000,000

89,800,000

111,050,000

116,100,000

Year 4
30,000,000
20,000,000
40,000,000

Year 5
30,000,000
25,000,000
40,000,000

550,000
600,000
30,000,000

550,000
600,000
30,000,000

121,150,000

126,150,000

Manpower Requirements

Sl # Particular
1 Managing Director
2 Chief Operating Officer
3 Chief Technical Of
4 Chief Financial Of
5 Chief Marketing Of
6 Sales Manager
7 Marketing Manager
8 Finance Manager
9 Production Manager
10 Foreman
11 Floor Manager
12 Technicians
13 Q&A Manager
14 Security Guards
15 Cleaning Personnel
16 Others
17 Miscellaneous
Total Salaries

No.
1
1
1
1
1
6
3
1
6
45
3
2
10
10

91

Year 1
Year 2
Year 3
Monthly
Annual
Monthly
Annual
Monthly
Salary
Salary
No.
Salary
Salary
No.
Salary
70,000
840,000
1
80,000
960,000
1
85000
60,000
720,000
1
70,000
840,000
1
75000
40,000
480,000
1
50,000
600,000
1
55000
40,000
480,000
1
50,000
600,000
1
55000
50,000
600,000
1
55,000
660,000
1
60000
40,000
2,880,000
8
45,000
4,320,000
10
50000
35,000
1,260,000
5
38,000
2,280,000
7
40000
40,000
480,000
2
48,000
1,152,000
3
50000
25,000
1,800,000
8
30,000
2,880,000
10
30000
5,000
2,700,000
55
5,500
3,630,000
60
6000
5,000
180,000
5
5,500
330,000
7
6000
8,000
192,000
3
8,500
306,000
5
9000
4,500
540,000
15
5,000
900,000
18
5500
4,000
480,000
15
4,500
810,000
20
5000
13,632,000
121
20,268,000
145

ar 3
Annual
Salary
No.
1,020,000
1
900,000
1
660,000
1
660,000
1
720,000
1
6,000,000
12
3,360,000
10
1,800,000
5
3,600,000
12
4,320,000
65
504,000
9
540,000
7
1,188,000
20
1,200,000
22
26,472,000
167

Year 4
Monthly
Salary
90000
80000
60000
60000
65000
55000
45000
55000
34000
6500
6500
9500
6000
5500

Annual
Salary
No.
1,080,000
1
960,000
1
720,000
1
720,000
1
780,000
1
7,920,000
14
5,400,000
12
3,300,000
8
4,896,000
14
5,070,000
80
702,000
12
798,000
10
1,440,000
24
1,452,000
25
35,238,000
204

Year 5
Monthly
Salary
95000
85000
65000
65000
70000
58000
50000
60000
38000
6500
7000
10000
6500
6000

Annual
Salary
1,140,000
1,020,000
780,000
780,000
840,000
9,744,000
7,200,000
5,760,000
6,384,000
6,240,000
1,008,000
1,200,000
1,872,000
1,800,000
45,768,000

Advertising & Promotion Plan


Sl # Media
1 Market Research
2 Newspaper
3 Radio
4 Television
5 Magazines
6 Direct Mail
7 Internet (World Wide Web)
8 Outdoor Advertising (Billboards)
9 Transit Advertising
10 Directories
11 Trade Shows
12 Specialty Advertising
13 Special Events and Promotions
14 Point-of-Purchase Ads
Total

Year 1
300,000
300,000
200,000
800,000
50,000
50,000
100,000
300,000
100,000

Year 2
350,000
500,000
300,000
850,000
100,000
100,000
100,000
500,000
150,000

Budget
Year 3
350,000
700,000
350,000
850,000
150,000
150,000
150,000
550,000
200,000

150,000
200,000
2,550,000

200,000
250,000
3,400,000

250,000
300,000
4,000,000

t
Year 4
350,000
750,000
400,000
850,000
200,000
200,000
200,000
550,000
250,000

Year 5
350,000
800,000
450,000
850,000
250,000
200,000
250,000
550,000
300,000

300,000
300,000
4,350,000

300,000
300,000
4,600,000

Income Statement
Sales
COGS
Gross Profit
Salaries
Rent
Insurance
Utilities
Telephone
Adversiting
Entertainment
Miscelleaneous
Depreciation
Operating Profit
Interest
Taxes
Net Profit
Dividends
Retained Earnings

Year 1
150,000
105,000
45,000
13,662
3,600
750
270
300
2,250
500
250
826
22,592
50
3,381
19,161

19,161

Year 2
300,000
210,000
90,000
20,268
4,000
900
300
450
3,400
550
280
1,250
58,602
59
8,781
49,762

Year 3
400,000
280,000
120,000
26,472
4,500
100
390
80
4,000
600

1,985
81,873
80
12,269
69,524

49,762

69,524

Cash Flow Statement


Year 1
Cash Flow from Operating Activities
Net Profits after Taxes
Depreciation
Increase in Accounts Receivable
Decrease in Inventories
Increase in Accounts Payables
Cash provided by operating activities
Cash Flow from Investment Activities
Increase in Gross Fixed Assets
Change in Business Interests
Cash provided by investment activities
Cash Flow from Financing Activities
Decrease in Notes payables
Increase in Long term debts
Dividends paid
Cash provided by Financing activities
Net Increase in Cash and Marketable Securities
Cumulative balance in Cash and Mktbl Securities

Year 2

19,161
826
5,000
10,000
1,000
35,987

3,000
3,000
6,000
41,987
41,987

49,762
1,250
6,000
10,500
2,663
70,175

6,258
6,258

9,522
5,000
4,522
80,955
122,942

Year 3

81,873
1,985
5,400
11,500
3,053
103,811

8,691
8,691

6,444
1,629
8,073
120,575
243,517

Balance Sheet
Year 1

Year 2

ASSETS
Cash
Accounts Receivables
Inventory
Other Current Assets
Total Current Assets
Plant, Property & Equipment
Other Fixed Assets
Total Fixed Assets
Total Assets

41,987
500
10,000
17,587
70,074
5,674
22,413
28,087
98,161

127,942
300
15,000

143,242
6,153
21,074
27,227
170,469

20,000
1,000
3,000
24,000
20,000

39,522
2,706
3,706
45,934
15,000

20,000
44,000
35,000
19,161
98,161

15,000
60,934
60,000
49,535
170,469

LIABILITIES & OWNER'S EQUITY


Short Term Loans

Accounts Payables

Accrued Expenses

Total Short Term Liabilities

Long Term loans

Other Long term Liabilities


Total Long Term Liabilities

Total Liabilities

Owner's Equity

Retained Earnings

Total Liabilities & Owner's Equ

Statement of Retained Earnings


Year 1
Beginning Retained Earnings
Earnings for the Year
Dividends
Retained Earnings for the Year
Ending Retained Earnings

19,161
19,161
19,161

Year 2
19,161
49,762
49,762
68,922

Year 3
68,922
69,524
69,524
138,446

Year 4
138,446
138,446

Year 5
138,446
138,446

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