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Excel

Excel Skills
Skills || Weekly
Weekly Cash
Cash Flow
Flow Template
Template || Forecast
Forecast vs
vs Actual
Actual

About
About this
this template
template
This
This template
template enables
enables users
users to
to create
create weekly
weekly cash
cash flow
flow projections
projections for
for any
any user
user defined
defined 52
52 week
week period
period and
and to
to compa
comp
actual
actual results.
results. The
The cash
cash flow
flow forecast
forecast is
is compiled
compiled by
by editing
editing the
the default
default values
values in
in the
the forecast
forecast assumptions
assumptions and
and enterin
enterin
percentages,
percentages, expenses,
expenses, capital
capital expenditure
expenditure and
and loan
loan amount
amount forecasts.
forecasts. The
The actual
actual results
results are
are compiled
compiled from
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entered.
The
template
includes
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weekly
income
statement,
cash
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sheet
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both
the
cash
entered. The template includes a weekly income statement, cash flow statement and balance sheet for both the cash flo
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Our
Our unique
unique management
management report
report enables
enables users
users to
to compare
compare the
the forecast
forecast and
and actual
actual balances
balances by
by simply
simply selecting
selecting the
the ap
ap
in
in aa single
single input
input cell.
cell.
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weekly cash
cash flow
flow forecast
forecast vs
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efined 52
defined
52 week
week period
period and
and to
to compare
compare the
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forecasted balances
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Excel Skills | Weekly Cash Flow Template | Forecast vs Actual
Instructions

www.excel-skills.com

This template enables users to create weekly cash flow projections for any user defined 52 week period and to compare the
forecasted balances to actual results. The cash flow forecast is compiled by editing the default values in the forecast
assumptions and entering weekly turnover, gross profit percentages, expenses, capital expenditure and loan amount
forecasts. The actual results are compiled from the actual account balances that are entered. The template includes a weekly
income statement, cash flow statement and balance sheet for both the cash flow forecast and actual results. Our unique
management report enables users to compare the forecast and actual balances by simply selecting the appropriate week
from a list box in a single input cell.

Note: Our unique range of templates also includes a Business Plan Forecast template, Annual Cash Flow Projection
template, Monthly Cash Flow Projection template and a monthly Forecast vs Actual Cash Flow template. Visit the Templates
pages of our website for sample & trial versions of all of these cash flow templates.
The following sheets are included in this template:
Assumptions - this sheet includes the default assumptions on which the weekly cash flow forecast is based.

Forecast - this sheet includes a detailed weekly income statement and cash flow statement for a 52 week period with
quarterly & annual totals. The weekly turnover amounts, gross profit percentages, expenses, capital expenditure,
shareholders' contributions and new loan amounts need to be entered by the user. All the other cash flow projection
calculations on this sheet are automated.

Actual - this sheet includes a detailed income statement and cash flow statement that can be used to record the actua
financial results. Weekly turnover amounts, gross profit percentages, expenses, interest amounts, capital expenditure and
loan amounts need to be entered by the user and the other cash flow line items are calculated from the actual balance sheet
balances.

BS - this sheet includes the forecast and actual weekly balance sheets. The forecast balance sheet is automatically
calculated from the forecast assumptions and the forecast income statement & cash flow statement (no additional user input
is required). Most of the actual balance sheet balances need to be entered by the user.

Loans - this sheet includes a detailed weekly amortization table which is used to calculate the monthly interest and capita
repayment amounts that are included on the forecasted weekly income statement and cash flow statement. Loans are
generally repaid on a monthly basis which is why monthly interest & repayments are calculated. Users also need to specify
the day of the month on which loans are repaid which is used in order to allocate monthly repayments to weekly periods.

Report - this sheet includes our unique management report which enables users to compare the forecast and actual income
statements, cash flow statements and balance sheets on a monthly, quarterly and year-to-date basis. All the calculations on
this sheet are automated and users are only required to select the appropriate week in order to automatically update all the
calculations.

Template Assumptions
Business Name

The business name that is entered in cell B4 on the Assumptions sheet is used as a heading on all the other sheets that are
included in the template.
Start Date

The weekly reporting periods on the income statement, cash flow statement and balance sheet are determined based on the
start date that is entered in cell B5 on the Assumptions sheet. Users are therefore able to change the weekly reporting
periods that are included in the template by simply changing the date in a single input cell. The date that needs to be entered
should be the first day of the first week which should be included in the template. All subsequent week end dates are
determined based on this start date.
Quarters

Page 3 of 117

cash flow statement and balance sheet can be specified in cells B6 to B10. cash flow statement and balance sheet also include the appropriate quarter into which is week falls above the week end dates in row 4. The forecasted income statement. Page 4 of 117 . The number of weeks for quarter 4 is calculated based on the input in the other 3 cells (total number of weeks for quarters 1 to 3 deducted from 52).excel-skills.Excel Skills | Weekly Cash Flow Template | Forecast vs Actual Instructions www.com The number of weeks that need to be included in each of the quarterly totals on the income statement.

The formula in the Tota Expenses row automatically includes all the new rows that are added to this section of the weekly income statement. we have included depreciation in the template assumptions in order to account for the tax effect of wear & tear tax allowances. The inventory days assumption is used to determine the inventory closing balance on the balance sheet. it is assumed that the wear & tear allowances (for income tax purposes) are the same as the depreciation rates. Working Capital The inventory. entering a description for the expense.com Turnover Weekly turnover projections should be entered on the Forecast sheet in row 5. The weekly cost of sales amount is calculated by simply deducting the weekly gross profit amounts from the weekly turnover amounts. For the purpose of the cash flow projections. The cost of sales balances for all full 7 day periods will be taken from the income statement and the remaining days will be calculated based on the daily average for the next weeks' cost of sales amount. debtors and creditors days assumptions that are specified on the Assumptions sheet are used in order to calculate the weekly closing balances for inventory. Expenses The Forecast sheet includes 23 default expense accounts. Note: The depreciation amounts need to be calculated based on the effective depreciation rate for each class of fixed assets after taking the remaining useful life of the start-up assets into account and applying the appropriate effective depreciation rates to all capital expenditure amounts. Gross Profit % A weekly gross profit percentage forecast should be entered on the Forecast sheet in row 10. Depreciation The condition of all fixed assets deteriorates over time and asset depreciation is therefore usually recorded in the income statement in order to account for the decrease in value of fixed assets.excel-skills. This calculation approach ensures that fluctuations in cost of sales are included accurately in the inventory balances on the balance sheet. We believe that this is the easiest and most accurate technique that can be used in order to estimate working capital balances at the end of each weekly period. Weekly gross profit amounts are calculated by multiplying the appropriate weekly turnover amount by the weekly gross profit percentage. These amounts are included separately on the income statement below the Expenses section and added back from the profit or loss for the period on the cash flow statement. The default expense accounts can be edited by simply entering a new description and additional expenses can be added by simply inserting the required number of rows anywhere above the total row.Excel Skills | Weekly Cash Flow Template | Forecast vs Actual Instructions www. Note: All income & expense amounts should be entered exclusive of any sales tax that may be applicable. The depreciation amounts for each weekly period therefore needs to be recorded in row 38 on the Forecast sheet. receivables and payables on the balance sheet. Although depreciation is a non-cash accounting adjustment and therefore does not have a direct effect on cash flow calculations. entering the appropriate weekly expense forecasts and copying the formulas in the quarterly & annual total columns from one of the existing rows in the Expenses section. Page 5 of 117 . The number of days that is specified is used in order to determine how many weeks' cost of sales needs to be included in the inventory closing balance.

Excel Skills | Weekly Cash Flow Template | Forecast vs Actual Instructions www. If products are not sold on credit. The calculation methodology is the same as for inventory balances .the turnover amounts for each full weekly period is taken from the income statement and the remaining days are included based on the average daily turnover amount for the next weekly period. a nil value should be entered for this assumption which means that the receivables balances on the balance sheet will all be nil amounts.com The receivables balances on the balance sheet are calculated based on the debtors days assumption.excel-skills. The average trading terms that are negotiated with customers can be used in order to estimate the debtors days that should be entered in the template assumptions. Page 6 of 117 .

the receivables balance in the first week on the balance sheet will be calculated based on the average daily turnover in the first week on the income statement (turnover amount divided by 7). You should therefore not only consider supplier trading terms when deciding on an appropriate value to enter in this template assumption but also the percentage of expenses and stock purchases that are settled on a cash basis. Example: If the debtors days assumption which is specified by the user is 30. If the cash flow projections are being compiled for an entirely new business venture. Even if the average trading terms with suppliers result in payments being due 30 days after the invoice date. Note: Even though this template is based on weekly periods. This principle ensures that fluctuations in turnover does not distort the receivables balance calculations. We have added conditional formatting to the Start-up balances section on the Assumptions sheet in order to highlight all the values in orange if the total does not equal nil. you should remember that a lot of expenses are usually settled on a cash basis (like salaries & wages).com The creditors days assumption is used to calculate the payables balances on the balance sheet.Excel Skills | Weekly Cash Flow Template | Forecast vs Actual Instructions www. Note: Where the inventory days. The calculation method is the same as for inventory & receivables but instead of using only cost of sales or turnover. all the start-up balances should be nil. If you need to compile weekly cash flow projections for an existing business. an interest only selection and the repayment date. Loan Terms The loan terms that are entered in this section of the assumptions are applied to the start-up long term loan amount and the additional loan amounts that are entered in row 26 of the weekly cash flow statement. the template would include data for 14 days and the receivables value wil therefore be based on the average daily turnover for the first two weeks. This would usually only be the case for the first few weeks that are included in the template. The receivables balance in the 5th week would however be calculated by adding the turnover amounts for weeks 2 to 5 (4 weeks or 28 days) and adding 2 days based on the average daily turnover for the first week. The repayment date which is specified in cell B35 is therefore used in order to allocate all the monthly loan repayments into the correct weekly periods as can be seen on the Loans sheet. If no interest is charged on long term loans. debtors days or creditor days values are greater than the number of days which are included in the template. The loan terms consist of the annua interest rate. The value that is entered for the creditors days assumption should be carefully considered. Note: The maximum loan repayment period that can be specified is 10 years.excel-skills. the appropriate inventory. The same calculation principle would apply to the 3rd and 4th weeks because the total days are still less than 30. loan repayment period in years. Also. the loan repayment and interest calculations are compiled on a monthly basis because most financial institutions require monthly repayments and also charge interest on a monthly basis. Refer to the Loans sheet for a detailed amortization table which is used to calculate the monthly interest and capital repayment amounts. Start-up Balances This section of the assumptions relates to the balance sheet balances at the start of the cash flow projection period. simply select the "Yes" option from the list box and no loan repayments will be included in the cash flow projections (only the interest that is charged). Taxation Page 7 of 117 . the payables balances are based on the total of the weekly cost of sales and expenses totals. if the business is being acquired from another entity. receivables or payables balances will be based on the daily average of the associated values on the income statement. the opening balances should be entered based on the values that are listed in the acquisition agreement. By the second week. Note: All equity and liability balances should be entered as negative values and the total of all the start-up balance sheet balances should always be nil. it should be simple enough to obtain the opening balance sheet account balances.

The weekly tax amount is therefore accrued to a provision for taxation and the negative cash flow resulting from the bi-annual payment of income tax will be reflected in the taxation paid line on the weekly cash flow statement (row 17).excel-skills.Excel Skills | Weekly Cash Flow Template | Forecast vs Actual Instructions www. Page 8 of 117 .com The income tax percentage that is specified in this input cell is applied to the weekly net profit in order to calculate a weekly income tax provision. We have also assumed that all income tax liabilities are settled on a bi-annual basis (every six months or more appropriately every 26 weeks) in accordance with provisional taxation principles.

Note: The complexity of the calculations that are included in the template necessitate including the quarterly totals after all the weekly periods. Note: The number of weeks that are included in each quarter can be specified on the Assumptions sheet. Note that these amounts only include the capital portion of the loan repayments. Actual Income Statement & Cash Flow Statement Page 9 of 117 .com Note: The bi-annual income tax payments are deemed to occur in week 26 and 52. expenses. Note: All the rows that require user input have been highlighted in yellow in column A. You should not attempt to change the default layout of the template. the weekly proceeds from loans amounts that are entered on the cash flow statement and the loan terms that are specified on the Assumptions sheet. The interest paid amount is deducted after being added back from the profit or loss and the taxation paid is calculated by deducting the income statement taxation charge from the movement in the provision for taxation which is calculated on the balance sheet. If the actual income tax periods do not fal within these weekly periods. you need to hide all the weekly totals that do not form part of the appropriate quarter and change the page setup to print the totals on the same page. interest and taxation amounts are calculated on the income statement. the weekly proceeds from loans amounts that are entered on the cash flow statement and the loan terms that are specified on the Assumptions sheet. The loan repayments that are included on the cash flow statement are calculated on the Loans sheet based on the start-up long term loans balance on the Assumptions sheet. plant & equipment purchases line relates to the acquisition of fixed assets with a useful life of more than one year.excel-skills. you can change the week numbers in the first part of the provision for income tax formula in row 18 on the balance sheet and copy the formula to all the weekly columns in this row. shareholders' contributions and new loan amounts and all the other calculations are automated.Excel Skills | Weekly Cash Flow Template | Forecast vs Actual Instructions www. If you want to print the forecast for a specific quarter together with the quarterly totals. Depreciation amounts are entered on the income statement and added back from the profit or loss on the cash flow statement. capital expenditure. The weekly amounts in these rows should be entered but the quarterly & annual totals are calculated. The quarter which is displayed above the week end dates in row 4 will automatically be updated. users are required to enter the weekly turnover amounts. The weekly profit or loss. not the interest. Weekly capital expenditure amounts should be entered as negative values and are added to the property. As we've mentioned before. Forecast Income Statement & Cash Flow Statement A weekly income statement & cash flow statement forecast is included on the Forecast sheet. The interest amounts that are included on the income statement are calculated on the Loans sheet based on the start-up long term loan balance on the Assumptions sheet. gross profit percentages. Note: Interest is calculated on a monthly basis and allocated to the weekly reporting periods based on the repayment day which is specified in cell B35 on the Assumptions sheet. All amounts that are contributed by the shareholders of the business should be entered as positive values in the shareholders' contributions line and are added to the shareholders' contributions line on the balance sheet. Note: Loan repayment amounts are calculated on a monthly basis and allocated to the weekly reporting periods based on the repayment day which is specified in cell B35 on the Assumptions sheet. plant & equipment line on the balance sheet. The property.

excel-skills. Page 10 of 117 .com Actual weekly account balances should be entered in the appropriate rows on the Actual sheet. interest amounts. capital expenditure and proceeds from loans amounts. All the other calculations on this sheet are automated.Excel Skills | Weekly Cash Flow Template | Forecast vs Actual Instructions www. Users are required to enter the weekly turnover amounts. the actual account balances can simply be copied from the accounting template and pasted into the appropriate rows in this template. gross profit percentages. Note: If you are using one of our accounting templates. expenses.

plant & equipment balance and deducting the depreciation amounts that are also entered on the Forecast sheet. Weekly Balance Sheets The weekly forecast and actual balance sheets are included on the BS sheet. Note: All the rows that require user input have been highlighted in yellow in column A. Note: The Actual balance sheet balances for the first weekly period are linked to the start-up balances that are entered on the Assumptions sheet. The provision for taxation is calculated from the income tax line on the Forecast sheet and the assumption is that the entire income tax liability is settled bi-annually based on provisional tax principles (in weeks 26 and 52). shareholders' contributions and monthly loan repayments are calculated from the actual weekly balance sheet balances that are entered on the "Actual results" balance sheet.excel-skills. Some of the balance sheet account balances on the "Actual Results" balance sheet require user input while other balance sheet balances are calculated based on calculations on the weekly income statement & cash flow statement on the Actua sheet. while the cash balance is linked to the closing cash balance on the Forecast sheet.com Note: The weekly taxation amounts and the provision for taxation amounts on the balance sheet are calculated automatically by default. entering a description for the expense account. entering the appropriate weekly expense account balances and copying the formulas in the quarterly & annual columns from one of the existing rows in the Expenses section. The weekly amounts in all user input rows should be entered by the user. Working capital movements. Note: It is imperative that the expense accounts that are included on the Forecast and Actual sheets are exactly the same. The Expenses section of the income statement on the Actual sheet includes 23 default expense accounts. you can simply replace the formulas in the appropriate rows with your own values. plant & equipment balance is calculated by adding the weekly capital expenditure on the Forecast sheet to the start-up property. The shareholders contributions balance is calculated by adding the weekly amounts on the cash flow statement to the startup balance that is specified in the template assumptions. Page 11 of 117 . The default expense accounts can be edited by simply entering a new description and additional expenses can be added by simply inserting the required number of rows anywhere above the total row. Users should therefore take care not to replace the formulas in these cells with values. The formula in the Total Expenses row automatically includes all the new rows that are added to this section of the weekly income statement. Any discrepancies that may exist will be highlighted on the management report. This means that the same opening balances are used for both the forecast and actual balance sheet balances. otherwise the comparison between forecast and actual expense account balances on the management report will not be accurate.Excel Skills | Weekly Cash Flow Template | Forecast vs Actual Instructions www. while retained earnings is calculated based on the profit or loss line on the Forecast sheet. These calculations have been added to the actual results in order to make it easier for users to populate these lines but if the actual results differ from the calculated amounts. Long term loan balances are calculated on the Loans sheet. The items that require user input have been highlighted in yellow in column A. All working capital balances are calculated based on the days that are specified in the template assumptions. The property. All the balance sheet balances in the first weekly period on the Actual balance sheet have been highlighted in light blue in order to distinguish these cells from the cells that require user input. Please ensure that expense items are included in the same rows on the appropriate sheets and that the descriptions of all expense accounts are exactly the same as the descriptions on the Forecast sheet. All forecast balance sheet balances are calculated automatically from the template assumptions and the calculations on the Forecast sheet.

plant & equipment. cash and retained earnings. plant & equipment balances are calculated based on the weekly purchases of property.Excel Skills | Weekly Cash Flow Template | Forecast vs Actual Instructions www. plant & equipment and the depreciation amounts that are entered on the Actual sheet. the cash balance is linked to the closing cash balance on the Actual sheet and the retained earnings balance is linked to the weekly profit or loss line on the Actual sheet. The property. Page 12 of 117 .com The only calculated balances on the Actual balance sheet are property.excel-skills.

otherwise the calculations on the management report may not be accurate. The loan amortization calculations can also be compiled for interest only loans by simply selecting the "Yes" option from the Interest Only list box on the Assumptions sheet. Actual and Report sheets should be exactly the same. All of these errors can be corrected by simply entering the correct expense account description or by inserting the correct number of rows on the appropriate sheet. Note that orange highlighting in the Total row on the management report may indicate that all the expense items on the Forecast or Actual sheet may not have been added to the management report. check the amounts that you have entered in all the user input rows. Forecast Interest & Capital Repayment Amounts The Loans sheet includes a detailed amortization table which is used for the calculation of the monthly forecasted interest and capital repayment amounts. If your balance sheet does not balance. It is important to note that the management report balance sheets will not balance if the balance sheets do not balance (this is especially true for the Actual Results balance sheet because the forecasted balance sheet is calculated automatically). Management Report The management report on the Report sheet can be used to compare forecast and actual account balances on a weekly. If this loan interest option is selected. Page 13 of 117 . Also note that the maximum loan period that can be specified is 10 years. If you therefore notice that one or more of the cells in column B contains an orange cel background and an "ERR" message. Note: All the calculations on the Loans sheet are automated and no user input is required on this sheet. The default expense items on the management report can be customized by simply deleting the rows that are not required or inserting new rows for the required number of additional expense accounts and copying the formulas in column A to N from one of the existing rows in this section of the report.Excel Skills | Weekly Cash Flow Template | Forecast vs Actual Instructions www. Note: The only user input that is required aside from selecting the appropriate reporting period is the customization of the expense accounts in the Expenses section of the report. The start-up long term loan balance and the weekly loan advances (entered in the "Proceeds from loans" row on the Forecast sheet) are included in the additional financing column. The expense accounts that are included on the Forecast. All interest and loan repayment calculations are based on the amounts in this column and the loan terms that are included at the top of the sheet and specified in the template assumptions.com Note: If any of the weekly balance sheets (forecast or actual) does not balance. the appropriate balance sheet totals will be highlighted in orange. Users therefore need to compare the expense accounts in the particular rows on both of these sheets in order to ensure that the same expenses are included in the same rows on both sheets and that the expense account descriptions are exactly the same on both sheets. it means that there is difference between the expense accounts that are included on the Forecast sheet and the expense accounts that are included on the Actual sheet.excel-skills. Note: Loan repayment and interest amounts are calculated on a monthly basis and allocated to the weekly reporting periods based on the repayment day which is specified in cell B35 on the Assumptions sheet. Note: We've added conditional formatting to the cells in column B of the Expenses section in order to highlight expense account discrepancies in orange. All the calculations on the this sheet are automated and the report can be compiled for any weekly period by simply selecting the appropriate week from the list box in cell M1. the projected cash flow calculations wil not include any monthly loan repayments. quarterly and year-to-date basis.

com All the calculations on the management report are based on the date that is selected from the list box in cell M1. When the user therefore selects a new period from the list box.excel-skills.Excel Skills | Weekly Cash Flow Template | Forecast vs Actual Instructions www. Page 14 of 117 . all the calculations on the management report are immediately updated. cash flow statements and balance sheets. This list box includes all 52 weekly periods that are included on the weekly income statements.

These nil values are the result of cell M1 containing a date (the default date that had previously been selected) which does not form part of the weekly reporting periods (defined by the start date on the Assumptions sheet) and can be updated by simply selecting a new period from the list box in cell M1. This template has been designed with flexibility in mind to ensure that it can be used in most business environments. Subsequent distribution of the template by parties outside of the organisation is however expressly prohibited and represents an infringement of international copyright laws. Cell M1 will also be highlighted in orange and a message which indicates that a new weekly period needs to be selected will be displayed in cel M2.excel-skills. Note: After changing the default start date in cell B5 on the Assumptions sheet.com for assistance. We therefore recommend that you enter the first day of the appropriate first financial year that you want to include in the template as the start date in cell B5 on the Assumptions sheet and that you specify the number of weeks which should be included in each quarter in cells B7 to B9 on the Assumptions sheet.com Note: The calculations of the quarterly & year-to-date balances are based on the assumption that the 52 weekly reporting periods constitute 1 full annual financial period and 4 quarterly periods. © Copyright This template remains the intellectual property of www. Page 15 of 117 . If however you need an Excel based template that is customized specifically for your business requirements. you may notice that all the calculations on the management report result in nil values. Any publication or distribution of this template outside the scope of the permitted use of the template is expressly prohibited.Excel Skills | Weekly Cash Flow Template | Forecast vs Actual Instructions www. please e-mail our Support function and provide a brief explanation of your requirements. Help & Customization If you experience any difficulty while using this template and you are not able to find the appropriate guidance in these instructions. please e-mail us at support@excel-skills. In terms of the permitted use of this template.excel-skills. only the distribution of the template to persons within the same organisation as the registered user or persons outside the organisation who can reasonably be expected to require access to the template as a direct result of the use of the template by the registered user is allowed.com and is protected by international copyright laws.

statement.100.50% 5.000) Retained Earnings Long Term Loans Payables Provision for Taxation (1.000) - Loan Terms Interest Rate Repayment Term (in years) 10.000 Receivables 250. Working Capital Inventory Days 25 Debtors Days 30 Creditors Days 15 Start-up Balances Property. statement statement and and balance balance sheet sheet are are determined determined based based on on the the start start date date that that is is specified specified in in cell cell B5. gross profit profit percentages and and expense expense amounts amounts need need to to be be entered entered on on the the “Forecast” “Forecast” Turnover sheet. Page 16 of 117 . Gross Profit % Weekly gross profit percentages need to be entered on the Forecast worksheet.000) (110.Example Trading (Pty) Limited Cash Flow Forecast .000 Shareholders' Contributions (1.000 Inventory 140. gross turnover. sheet. The The reporting reporting periods periods that that are are included included on on the the weekly weekly income income statement.Assumptions Business Name Start Date Example Trading (Pty) Limited 2/29/2016 Quarters Quarter 1 : Number of Weeks 13 Quarter 2 : Number of Weeks 13 1 0 On On this this sheet: sheet: 13 The input The14 input values values on on this this sheet sheet are are used used in in the the calculation calculation of of the the weekly weekly cash cash flow flow forecast.0 Interest Only No Repayment Day 5. B5. Plant & Equipment 800.0% Note: It is assumed that income tax is paid on a bi-annual basis (every 6 months or 26 weeks).000 Cash 21. Note Note Quarter 3 : Number of Weeks 13 26values that most that27 most of of the the input input values relate relate to to the the weekly weekly balance balance sheet sheet calculations calculations and and that that the the weekly weekly Quarter 4 : Number of Weeks 13 40 39percentages turnover.0 Taxation Income Tax % 28. forecast. Expenses Weekly expense projections need to be entered on the Forecast worksheet. cash cash flow flow Weekly turnover projections need to be entered on the Forecast worksheet.

000 5.800 3.038 42. 5.890 28..800 - . gross profit percentages.0% 37.750 Cost of Sales 48.000 82.specified in. shareholders' contributions. .800 10.700 28. expenses.200 - 5. capital turnover amounts.The The weekly reporting periods are based on the start date that is specified in cell B5 on weekly.000 - - - - 8.250 based businesses by .800 5.Income Statement © www. Rows 800 that require require user input input are highlighted highlighted in yellow yellow in column column 860 A.0% 36.152 52.000 and cash cash .360 48.000 5.800 Security - - - - 325 - Subscriptions - - - - - - Telephone & Fax - - - - Page 17 of 117 2.you you can can add add additional .0% 35. for service 1.250 78. capital expenditure and loan proceeds amounts need to be entered on this sheet and all the other amounts expenditure and loan .weekly weekly income income statement 2.Example Trading (Pty) Limited Forecast .use use the the template template for service based businesses by simply entering a weekly gross profit percentage of 100%.simply entering a weekly gross profit percentage of 100%.com Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 3/6/2016 3/13/2016 3/20/2016 3/27/2016 4/3/2016 4/10/2016 4/17/2016 4/24/2016 Turnover 75.213 25.expense expense accounts accounts 3.138 35.750 41.000 - - Legal Fees - - - - - - - Motor Vehicle Expenses - - - - - - - Postage - - - - 100 - - - Printing & Stationery - - - - 300 - - - - - - - - - - - - - - - - Professional Fees Rent Repairs & Maintenance Salaries & Wages 10.000 80. Rows that user are in in are automatically automatically calculated. expenses.the the “Assumptions” sheet.800 5.000 64. The weekly weekly turnover amounts.0% 37.000 shareholders' contributions. Note additional ifif required Note that that .510 - 12.998 49.000 53.0% 36.the the forecast forecast .250 76.253 29.cell B5 on .000 date that is .250 68.proceeds -amounts need .300 80. statement.flow flow statement.148 28.250 23.000 28.000 - - - - - - 2.0% 35. A.gross profit percentages.0% Gross Profit % On On this this sheet: sheet: Expenses Accounting Fees Advertising & Marketing Bank Charges Cleaning Expenses Computer Expenses Consumables Electricity & Water Entertainment Equipment Hire Insurance This includes statement and The This sheet sheet includes .800 required and and you -you can can also also.613 Gross Profit 26.800 5.300 51. “Assumptions” sheet.excel-skills.0% 37.reporting periods are .800 - - - - - 5.based on -the start1.800 5. 2.000 1.to be entered 250 on this sheet and all -the other amounts are calculated.

170 12.2%) 20.253 - 8.800 2.062 14.000 4.0%) (6.050 - Profit / (Loss) before Interest & Tax 7.400 - - - - - - - - - - - 5.980) (5.548) (1.191 5.333 (5.000 10.800 22.178 4.625 Taxation - 5.502 21.425) 13.790 Profit / (Loss) for the period (2.412 (1.528 16.1% (5.5% 18.600 17.413 9.985) 1.105) 3.488 (3.678 - 4.348 - 4.Training - - Uniforms - - Total Expenses Depreciation 19.7%) 4.460 20.800 17.872 6.7% 20.085 13.5% 15.9% Page 18 of 117 .200 Interest 9.888 Profit / (Loss) % (3.900 - 21.528) - 25.

856 Receivables (71.675) - - - - - - - - 31.693) (34.488 6.236) 9.872 16.866) (2.518) (17.674) (26.050) 31.488) 17.412 (3.693) 31.191 14.568 (8.862 (18.107) 13.521 14.646 Cash flows from investing activities Purchases of property.507 (9.862 (9.Example Trading (Pty) Limited Forecast .080 14.018) - - - - (14.Cash Flow Statement Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 3/6/2016 3/13/2016 3/20/2016 3/27/2016 4/3/2016 4/10/2016 4/17/2016 4/24/2016 Cash flows from operating activities Profit / (Loss) for the year Interest Taxation (2.888 5.264 2.535 10.170 4.062 1.507 (9.786) (9.646 Payables Cash generated from operations Interest paid Taxation paid Net cash from operating activities (9.980) (1.018) - - - - (14.244) Cash & cash equivalents at beginning of year Page 19 of 117 .535 10.156 8.528 4.982) - - - - 14.679 35.141) - - Net cash from financing activities (14.893) 7.625) (72.929 (14.560 2.536) (5.186) (43.488) 17.238 (6. plant & equipment - - - - - - - - Net cash used in investing activities - - - - - - - - Proceeds from shareholders' contributions - - - - - - - - Proceeds from loans - - - - - - - - Cash flows from financing activities Repayment of loans (14.286 (22.548) (5.105) 9.535 10.156 8.502) (3.156 8.985) 3.779) (21.123) 14.425) 9.000 (65.141) - - Increase / (Decrease) in cash equivalents (86.566) (63.178 12.157) (8.625 - 13.392) (5.170 12.333 - - - Changes in operating assets & liabilities Inventory (34.378) (5.656) (35.502 (1.862 5.337) (3.488) 17.711) 9.541) (15.429) 22.646 21.790 Adjustment for non-cash expenses: Depreciation - - - - 13.507 (9.

Cash & cash equivalents at end of year (65.598) .244) (10.779) (21.186) (43.656) (35.518) (17.693) (34.674) Page 20 of 117 (26.

capital to be entered on this sheet and to be entered Bank Charges on this sheet and all all the the other other amounts amounts re user input highlighted ire user Cleaning input are are Expenses highlighted in in yellow yellow in in column column A.500 82.800 5.500 Cost of Sales 47.400 51.000 82.675 37.250 50.Income Statement © www.000 - - - Repairs & Maintenance - 4. capital es.800 325 - - - 325 - - - - - - - - 2.975 51.000 77.000 1. A.340 28.525 30.300 - - - Salaries & Wages Security Subscriptions Telephone & Fax 5. ering a weekly Consumables gross profit percentage of 100%.000 - - - 2. shareholders' contributions.800 5.660 48. statement. The The weekly weekly es.510 Page 21 of 117 2.excel-skills.000 - - - 25.0% 37.750 29. Advertisingshareholders' & Marketing contributions. counts required and counts ififComputer required Expenses and you you can can also also use use the the template template ring a weekly gross profit percentage of 100%.600 30.000 250 - - - 250 - - 860 - - - - - - - - - 759 - - - - - Entertainment 1. expenses.000 5.com Q1 Q1 Q1 Q1 Q1 5/1/2016 5/8/2016 5/15/2016 5/22/2016 5/29/2016 Turnover 75. expenses.0% 37. The The e start date that is specified in cell B5 on he start Electricity date that & Water is specified in cell B5 on the the 2.0% Gross Profit % Expenses n this this sheet: sheet: me statement and cash ome statement Accounting and Fees cash flow flow statement.Example Trading (Pty) Limited Forecast .000 80.000 Professional Fees - - - - Rent - 10.800 5.0% 37.825 Gross Profit 27.510 .0% 37.800 5.000 - - - - - Equipment Hire - - - - - Insurance - - - - Legal Fees - - - - - Motor Vehicle Expenses - - - - - Postage 100 - - - 100 Printing & Stationery 300 - - - 300 - 2.

379 7.800 24.419 23.7%) 20.610) Interest - Taxation (803) (526) 6.611) Profit / (Loss) for the period (2.065) (1.500 9.106 - 5.868) 22.636 17.000 (23.540 15.285 Depreciation 13.333 Profit / (Loss) before Interest & Tax (2.5% (21.100 7.871 (6.Training - - - - - Uniforms - - - - - Total Expenses 17.999) Profit / (Loss) % (2.9%) Page 22 of 117 - 37.8%) (1.470 6.2% 21.353) 16.669 (16.285 - .

750 (2.033 (9.328 14.636 6. plant & equipment - - - - (100.871 (16.000 100.692) 781 1.353) 9.573 781 1.379) - - - - - - Payables Cash generated from operations Interest paid - Taxation paid - Net cash from operating activities 18.470 17.611) Adjustment for non-cash expenses: Depreciation 13.000) Proceeds from shareholders' contributions - - - - Proceeds from loans - - - - Repayment of loans - (14.669 6.000 .000) Net cash used in investing activities - - - - (100.250) (1.999) (6.435 (2.328 14.379 (526) 16.328 14.951 781 1.581 (4.218) (13.Example Trading (Pty) Limited Forecast .033 4.033 13.686 (4.265) - - Net cash from financing activities - (14.475) (147) Cash flows from financing activities Increase / (Decrease) in cash equivalents Cash & cash equivalents at beginning of year Page 23 of 117 100.333 - - - 15.964) (6.000 Changes in operating assets & liabilities Inventory 2.607) (11.902) 24.265) - - 18.257) (1.060) (225) Receivables 5.598) 7.429) (868) 13.Cash Flow Statement Q1 Q1 Q1 Q1 Q1 5/1/2016 5/8/2016 5/15/2016 5/22/2016 5/29/2016 Cash flows from operating activities Profit / (Loss) for the year (2.580 (10.065) Interest - Taxation (803) (1.523) (6.580 Cash flows from investing activities Purchases of property.844 18.580 (9.143) (3.

257) (1.433 .435 (2.Cash & cash equivalents at end of year 7.475) Page 24 of 117 (147) 14.

0% 37.000 - - - Bank Charges - - - - 500 - - - Cleaning Expenses - - 920 - - - 920 - Computer Expenses - - - - - - 1.000 - 1.925 37.375 29.600 29.Example Trading (Pty) Limited Forecast .0% 37.000 80.000 Legal Fees - - - - - - - Motor Vehicle Expenses - - - - - - - Postage - - - - 100 - - - Printing & Stationery - - - - 300 - - - - - - - - - - - - - - - - - - - - - - Professional Fees Rent Repairs & Maintenance Salaries & Wages 10.285 - Consumables - - - - - 567 - - Electricity & Water - - - - - - Entertainment - - - - - - Equipment Hire - - - - - - - - - - - - - - Insurance 2.excel-skills.0% 38.000 - - - Advertising & Marketing - - - - 5.100 5.653 48.750 77.510 .755 54.000 2.250 88.800 5.825 Gross Profit 32.Income Statement © www.750 86.913 32.450 29.050 48.750 Cost of Sales 55.800 5.0% 37.0% 37.098 29.0% 38.500 80.878 31.800 9.0% 37.500 78.400 50.800 5.000 5.800 2.500 86.800 5.745 32.000 12.338 55.873 54.0% Gross Profit % Expenses Accounting Fees - - - - 2.125 50.800 10.800 Security - - - - 325 - - - Subscriptions - - - - - - - - Telephone & Fax - - - - - - - Page 25 of 117 2.000 5.com Q2 Q2 Q2 Q2 Q2 Q2 Q2 Q2 6/5/2016 6/12/2016 6/19/2016 6/26/2016 7/3/2016 7/10/2016 7/17/2016 7/24/2016 Turnover 87.000 5.

8% (1.7% 19.300 - - - - - - - - 6.047 4.336 Profit / (Loss) % 3.158 - 17.2% 13.445 - 14.484 Profit / (Loss) for the period 3.964 6.361) 2.000 - .800 - 2.635 4.952 (529) 1.2% - 23.161 (1.720 - Profit / (Loss) before Interest & Tax 14.1% 16.992 3.201 15.8% Page 26 of 117 - 19.5%) 3.575 Interest 10.560 10.890) 18.500 8.890 20.000 (1.125 - 9.129 Taxation 1.Training - Uniforms - Total Expenses Depreciation 17.245 5.113 15.885 4.235 16.731 12.6% 11.800 14.367 13.005 17.692 12.800 15.300 21.673 10.

237 (9.209 6.245 15.929 Payables 15.907 15.656 - - - - - - - - 1.857) (4.036 5. plant & equipment - - - - - - - - Net cash used in investing activities - - - - - - - - 500 - - - - - - - - - - - - - - - Cash flows from financing activities Proceeds from shareholders' contributions Proceeds from loans Repayment of loans (15.120 Receivables (8.317) (17.209 6.282 53.393 (7.440 (428) (2.440 Cash flows from investing activities Purchases of property.959) - - - - 9.440 Cash & cash equivalents at beginning of year 14.164) - - - - (15.677 Page 27 of 117 .209 6.129 Taxation 1.241 24.047 12.440 Cash generated from operations Interest paid Taxation paid Net cash from operating activities (10.241 24.870) (9.235 Adjustment for non-cash expenses: Depreciation - - - - 15.992) (1.405 17.336 5.918 17.519 35.361) 2.964 16.918 17.655) (4.237 8.786 1.929) 1.759 45.992 (529) 1.433 5.216) 11.129) 6.041 29.759) 9.189 (23.960 (14.907 15.692 - 9.813) (2.508) 1.952 (1.Example Trading (Pty) Limited Forecast .801) - - Net cash from financing activities (15.134 14.664) - - - - (15.607) 3.484 10.Cash Flow Statement Q2 Q2 Q2 Q2 Q2 Q2 Q2 Q2 6/5/2016 6/12/2016 6/19/2016 6/26/2016 7/3/2016 7/10/2016 7/17/2016 7/24/2016 Cash flows from operating activities Profit / (Loss) for the year 3.918 17.201 Interest 10.890 4.241 24.560 4.785 1.050) 1.050) 4.000 - - - Changes in operating assets & liabilities Inventory (4.639 2.733) 16.161 3.308 6.033 9.464) (3.673 6.885 10.907 15.925 7.237 (17.801) - - Increase / (Decrease) in cash equivalents (8.

Cash & cash equivalents at end of year 5.519 35.925 7.134 14.759 45.282 53.677 63.041 Page 28 of 117 29.118 .

000 - - - 15.Example Trading (Pty) Limited Forecast .250 32.0% 38.0% 38.510 .390 56.500 84.340 5.000 6.000 - - - - - Equipment Hire - - - - - Insurance - - - - Legal Fees - - - - Motor Vehicle Expenses - - - - - Postage 100 - - - 100 Printing & Stationery 300 - - - 300 - - - - - - - - - - Professional Fees - Rent - Repairs & Maintenance - Salaries & Wages Security Subscriptions Telephone & Fax 5.418 38.000 5.335 53.com Q2 Q2 Q2 Q2 Q2 7/31/2016 8/7/2016 8/14/2016 8/21/2016 8/28/2016 Turnover 87.000 Bank Charges 500 - - - 500 Cleaning Expenses - - 945 - - Computer Expenses - - - - - Consumables - - - - - Electricity & Water - - - Entertainment 1.250 52.Income Statement © www.510 Page 29 of 117 2.0% 38.800 2.500 89.110 55.000 - - - 2.excel-skills.200 325 - - - 325 - - - - - - - - 2.000 10.915 34.833 Gross Profit 33.250 88.000 Advertising & Marketing 5.0% 39.200 1.800 12.500 90.0% Gross Profit % Expenses Accounting Fees 2.390 33.800 6.250 Cost of Sales 54.110 34.

935 715 Profit / (Loss) % 15.2% 22.8% 12.6% 3.200 - (9.800 - 19.085 - - 16.248 4.535 Depreciation 15.020 19.715 27.665) Profit / (Loss) for the period 515 3.000 Profit / (Loss) before Interest & Tax 17.760 (2.4% (7.853) 0.518) - .8%) - Page 30 of 117 27.Training - - - - - Uniforms - - - - - Total Expenses 17.853 Taxation 200 1.285 7.310 Interest - 9.209 11.955 (6.000 14.305 6.

671 33.796 3.796 3.796 3.883) 7.421) (52.939) - - - Increase / (Decrease) in cash equivalents 26.100 27.Cash Flow Statement Q2 Q2 Q2 Q2 Q2 7/31/2016 8/7/2016 8/14/2016 8/21/2016 8/28/2016 Cash flows from operating activities Profit / (Loss) for the year 515 3.185) (380) 357 2.853 Taxation 200 1.118 90.075 4.000) - - - Net cash used in investing activities - (60.248 11.857) (3.576 (8.878 7.140 Changes in operating assets & liabilities Inventory Receivables Payables Cash generated from operations Interest paid - Taxation paid - Net cash from operating activities 26.285 19.665) Adjustment for non-cash expenses: Depreciation 15.000 - - - 16.853) 13. plant & equipment - (60.790 10.020 4.461 Page 31 of 117 .250) 9.225) 1.357) (10.568 1.728) (4.033 (567) (7.939) - - - Net cash from financing activities - (15.983 (9.Example Trading (Pty) Limited Forecast .790 (52.281) Cash flows from investing activities Purchases of property.853) (2.288 26.209 Interest - 9.876 29.983 (62.000) - - - Cash flows from financing activities Proceeds from shareholders' contributions - - - - - Proceeds from loans - - - - - Repayment of loans - (15.750 (10.760 (6.983 23.790 (62.714 - - - - 1.000 1.955 7.281) Cash & cash equivalents at beginning of year 63.

Cash & cash equivalents at end of year 90.461 (18.820) .876 29.671 Page 32 of 117 33.100 27.

250 Cost of Sales 54.600 57.250 92.400 38.200 6.0% Gross Profit % Expenses Accounting Fees - - - - 2.000 6.0% 40.800 52.0% 40.excel-skills.0% 40.000 - - Insurance 2.100 38.510 .000 - - - Advertising & Marketing - - - - 5.500 54.000 1.0% 40.200 36.0% 40.200 Security - - - - 325 - - - Subscriptions - - - - - - - - Telephone & Fax - - - - - - - Page 33 of 117 2.200 10.000 36.0% 40.350 55.900 40.200 22.000 93.500 92.000 - - - Bank Charges - - - - 500 - - - Cleaning Expenses - - 950 - - - 950 - Computer Expenses - - - 854 - - - - Consumables - - - - - - 764 - Electricity & Water - - - - - - - Entertainment - - - - - - - - Equipment Hire - - - - - 10.200 6.900 37.000 6.800 37.000 87.200 6.200 34.000 - - - - - - 2.000 95.200 55.0% 40.500 91.000 6.200 6.250 97.350 Gross Profit 36.300 55.000 Legal Fees - - - - - - - Motor Vehicle Expenses - - - - - - - - Postage - - - - 100 - - - Printing & Stationery - - - - 300 - - - - - - - - - - - - - - - - - - - - - - Professional Fees Rent Repairs & Maintenance Salaries & Wages 10.200 1.900 6.Income Statement © www.com Q3 Q3 Q3 Q3 Q3 Q3 Q3 Q3 9/4/2016 9/11/2016 9/18/2016 9/25/2016 10/2/2016 10/9/2016 10/16/2016 10/23/2016 Turnover 90.Example Trading (Pty) Limited Forecast .150 58.

797 634 (385) 8.714 7.670 21.000 - 8.700 - 5.631 (989) 21.800 2.1%) 22.9% 23.054 27.452 2.914 30.846 - 17.3% 14.414 7.040 5.960 13.265 - 28.700 9.3% 23.200 8.200 9.Training - - - - - - - - Uniforms - - - - - - - - Total Expenses Depreciation Profit / (Loss) before Interest & Tax Interest Taxation 18.704 Profit / (Loss) % 14.316 8.050 - 7.935 16.100 28.186 - 28.049 1.200 10.996 Profit / (Loss) for the period 12.8% 7.150 30.200 18.8% (1.0% 1.573 7.636 20.734 7.9% Page 34 of 117 .

604 26.040 13.414 20.781 Changes in operating assets & liabilities Inventory Receivables Payables Cash generated from operations Interest paid - Taxation paid - Net cash from operating activities 21.996 Adjustment for non-cash expenses: Depreciation - - - - 16.683 (814) 857 (2.367) 5.735 (12.452 7.889 (6.636 8.781 (18.750 12.219) - - Net cash from financing activities - (16.435 22.643) 571 (2.455 2.714 5.393) 1.455 2.079) - - - (16.Cash Flow Statement Q3 Q3 Q3 Q3 Q3 Q3 Q3 Q3 9/4/2016 9/11/2016 9/18/2016 9/25/2016 10/2/2016 10/9/2016 10/16/2016 10/23/2016 Cash flows from operating activities Profit / (Loss) for the year Interest Taxation 12.555 (9. plant & equipment - - (48.476 30.000) - - - - - Net cash used in investing activities - - (48.306) (33.214) (3.573 (385) 21.000) - - - - - Proceeds from shareholders' contributions - - - - - - - - Proceeds from loans - - - - - - - - Repayment of loans - (16.326) 25.219) - - Cash flows from financing activities Increase / (Decrease) in cash equivalents Cash & cash equivalents at beginning of year 21.014 (15.604 26.800 - - - (316) 578 (1.650) (5.897) (20.486 14.874) (5.316 21.536) (8.518 18.210) 10.292) 5.704 2.960 5.577) (10.Example Trading (Pty) Limited Forecast .631 634 (989) 9.571) (45.714) - - - - - - - 772 14.945 - - - - 18.674 25.797 1.043 (9.286 (2.604 26.049 7.555 (15.357) 9.674 25.109) 1.043 32.670 9.043 6.820) 2.555 10.725 18.455 2.573) 22.079) - - - (16.734 8.143) (3.088 21.781 Cash flows from investing activities Purchases of property.829) (4.931 Page 35 of 117 .

897) Page 36 of 117 (20.712 .750 12.571) (45.931 33.735 (12.476 30.Cash & cash equivalents at end of year 2.292) 5.

0% Gross Profit % Expenses Accounting Fees 2.000 57.510 Page 37 of 117 2.500 Gross Profit 37.000 - - - - - Equipment Hire - - - - - Insurance - - - - Legal Fees - - - - - Motor Vehicle Expenses - - - - - Postage 100 - - - 100 Printing & Stationery 300 - - - 300 2.200 6.000 - - - 18.excel-skills.Example Trading (Pty) Limited Forecast .000 96.000 Advertising & Marketing 8.200 6.000 40.000 - - - 2.200 38.400 39.000 - - - Repairs & Maintenance - - - - Salaries & Wages Security Subscriptions Telephone & Fax 6.000 Professional Fees - 3.0% 40.800 57.000 Bank Charges 500 - - - 500 Cleaning Expenses - - 950 - - Computer Expenses - - - - - Consumables - - - - - Electricity & Water - - - Entertainment 1.0% 40.100 58.000 1.250 93.0% 40.510 .000 38.500 Cost of Sales 55.com Q3 Q3 Q3 Q3 Q3 10/30/2016 11/6/2016 11/13/2016 11/20/2016 11/27/2016 Turnover 93.000 95.Income Statement © www.500 37.0% 40.200 325 - - - 325 - - - - - - - - 2.900 - - - Rent - 10.500 97.200 6.750 56.200 6.

150 - 10.446) Profit / (Loss) for the period (385) 4.800 15.900 Interest - 9.200 - 30.935 Depreciation 16.289) (0.4%) 4.000 - (8.584 (6.657 22.9% (6.616 (2.350 4.200 - (535) Profit / (Loss) % 31.5% 20.100 - 7.811 8.431 Taxation (150) 1.800 Profit / (Loss) before Interest & Tax 22.9% 23.735) - .5%) - Page 38 of 117 27.572 19.778 7.Training - - - Uniforms - - - Total Expenses 20.935 16.

307) (86) 1.100 22.778 19.657 Interest - 9.163 Page 39 of 117 .800 - - - 16.813 19.237) (12.381) (13. plant & equipment - - - - - Net cash used in investing activities - - - - - Proceeds from shareholders' contributions - - - - - Proceeds from loans - - - - - Repayment of loans - (16.074 25.791) - - - - - - 15.811 22.276 53.100 Cash flows from investing activities Purchases of property.431) (2.186) (2.462) 22.361) - - - Cash flows from financing activities Increase / (Decrease) in cash equivalents 22.089 72.361) - - - Net cash from financing activities - (16.179 (3.641 15.289) (2.717 Interest paid - Taxation paid - Net cash from operating activities 22.584 7.157 (2.813 19.000) (3.214) 3.Example Trading (Pty) Limited Forecast .Cash Flow Statement Q3 Q3 Q3 Q3 Q3 10/30/2016 11/6/2016 11/13/2016 11/20/2016 11/27/2016 Cash flows from operating activities Profit / (Loss) for the year (385) 4.813 19.446) Adjustment for non-cash expenses: Depreciation 16.137 (4.428 37.100 Cash & cash equivalents at beginning of year 33.431 Taxation (150) 1.571) (2.572 8.074 25.286) 9.712 56.152) 15.717 (9.800 Changes in operating assets & liabilities Inventory Receivables Payables Cash generated from operations (686) (1.717 (19.506 6.074 25.616 (6.

263 .163 97.276 53.089 Page 40 of 117 72.Cash & cash equivalents at end of year 56.428 37.

420 30.0% Gross Profit % Expenses Accounting Fees - - - - 2.520 36.200 60.920 45.120 31.000 6.800 2.800 1.Income Statement © www.800 6.800 Security - - - - 325 - - - Subscriptions - - - - - - - - Telephone & Fax - - - - - - - Page 41 of 117 2.0% 40.0% 40.000 - - - Advertising & Marketing - - - - 5.200 2.800 3.180 47.556 22.020 55.000 6.0% 40.280 20.000 10.0% 40.680 24.408 22.Example Trading (Pty) Limited Forecast .700 51.excel-skills.248 40.100 6.280 30.000 10.0% 40.0% 40.0% 40.620 Cost of Sales 52.000 - - - Bank Charges - - - - 500 - - - Cleaning Expenses - - 950 - - - 950 - Computer Expenses - - - - - - - - Consumables - - - - - - - Electricity & Water - - Entertainment - - Equipment Hire - - Insurance - Legal Fees - Motor Vehicle Expenses - Postage - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 100 - - - Printing & Stationery - - - - 300 - - - Professional Fees - - - - - - - - Rent - - - - - - Repairs & Maintenance - - - Salaries & Wages 6.192 40.950 57.000 6.800 - 3.200 6.300 79.300 38.510 .372 Gross Profit 35.612 33.320 68.com Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 12/4/2016 12/11/2016 12/18/2016 12/25/2016 1/1/2017 1/8/2017 1/15/2017 1/22/2017 Turnover 88.250 95.200 75.000 6.800 - 3.128 27.

339 Profit / (Loss) % 23.800 11.909 Profit / (Loss) for the period 20.144 7.535 16.456 10.463 1.6%) 20.8% (21.750 19.180) (1.187) 14.390 7.3% Page 42 of 117 .938 1.793 (10.750 1.200 29.288 29.320 9.328 9.474 7.550 - 10.000 28.747) (4.080 - 18.1%) (7.800 3.031 (4.Training - - - - - - - - Uniforms - - - - - - - - Total Expenses Depreciation Profit / (Loss) before Interest & Tax Interest Taxation 6.9% 1.6% 21.927) - 18.8% 12.248 - 8.076 20.628) 5.142 569 540 3.7% 1.824 - 18.930 - 13.800 (14.

474 20.900 272.836 (29.504) - - - (16.837 23.224) (1.394 6.504) - - - (16.626 40.263 129.076 5.041) Cash flows from investing activities Purchases of property.269 219.797) (551) 15.666 9.760 34.649) - - Cash flows from financing activities Increase / (Decrease) in cash equivalents 32.041) Interest paid - Taxation paid - Net cash from operating activities 32.180) (4.000) - Net cash used in investing activities - - - - - - (24.142 1.Example Trading (Pty) Limited Forecast .993 125.786 Cash generated from operations 32.863 9.647 (9.647 (9.444 0 52.760 34. plant & equipment - - - - - - (24.144) 29.288) 12.150) 13.441) Receivables 6.826 166.689 18.760 34.506 265.477 (9.938 8.991 12.043 - - - - 30.793 3.609 19.730 (4.657 39.339 7.800 - - - Changes in operating assets & liabilities Inventory 4.593 15.401 11.634) Payables (6.144 (1.041) Cash & cash equivalents at beginning of year 97.909 Adjustment for non-cash expenses: Depreciation - - 16.390 - 569 540 - - 7.548 Page 43 of 117 .031 (10.444 52.029 253.747) (4.477 12.086 35.819 (13.229 20.463 9.649) - - Net cash from financing activities - (16.730 (9.000) - Proceeds from shareholders' contributions - - - - - - - - Proceeds from loans - - - - - - - - Repayment of loans - (16.477 38.167) 40.628) 14.813 (23.410) (26.288 1.730 21.444 52.187 30.991 1.Cash Flow Statement Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 12/4/2016 12/11/2016 12/18/2016 12/25/2016 1/1/2017 1/8/2017 1/15/2017 1/22/2017 Cash flows from operating activities Profit / (Loss) for the year Interest Taxation 20.647 (9.980) (22.337 40.187) 9.

507 .900 272.826 166.548 263.269 Page 44 of 117 219.506 265.993 125.Cash & cash equivalents at end of year 129.029 253.

600 96.800 6.000 10.Income Statement © www.000 500 - - - 500 - - 970 - - - - - - - - - 987 1.0% 40.0% 40.0% 40.840 Gross Profit 38.000 - - - - - - - - 6.800 2.000 5.440 38.800 40.0% 40.000 - - - - - Equipment Hire - - - - - Insurance - - - - Legal Fees - - - Motor Vehicle Expenses - - - - - Postage 100 - - - 100 Printing & Stationery 300 - - - 300 - - Professional Fees - Rent - Repairs & Maintenance - Salaries & Wages Security Subscriptions Telephone & Fax 6.000 6.200 - - - - Entertainment 1.800 6.510 Page 45 of 117 2.900 59.000 58.Example Trading (Pty) Limited Forecast .000 38.800 325 - - - 325 - - - - - - - - 2.com Q4 Q4 Q4 Q4 Q4 1/29/2017 2/5/2017 2/12/2017 2/19/2017 2/26/2017 Turnover 95.200 60.160 57.000 - - - 2.600 39.0% Gross Profit % Expenses Accounting Fees 2.000 Bank Charges Cleaning Expenses Computer Expenses Consumables Electricity & Water 4.000 - - - 22.000 101.excel-skills.500 98.000 Advertising & Marketing 8.560 40.400 Cost of Sales 57.510 .000 97.800 14.

000 11.800 13.5% 10.640 - 36.735 Depreciation 17.917) Profit / (Loss) % (3.800 20.758 9.830 - - - - - 25.072 3.553) 7.770 28.200 (15.998 4.7%) 8.245) Profit / (Loss) for the period (3.3%) Page 46 of 117 .921 20.821 (10.000 8.819 (4.2% 20.382) 3.522 17.081 8.0% (11.162) - Taxation (1.200 Profit / (Loss) before Interest & Tax (4.Training - - Uniforms - - Total Expenses 25.935) Interest - 18.

897) 8.947) (326) Receivables (41.073 (20.033 21.897) 8.563 Payables Cash generated from operations Interest paid - Taxation paid - Net cash from operating activities (20.897) 8.382) 7.514) Cash flows from investing activities Purchases of property.141 21.223) 33.200 - - - 17.917) (4. plant & equipment - - - - - Net cash used in investing activities - - - - - Proceeds from shareholders' contributions - - - - - Proceeds from loans - - - - - Repayment of loans - (16.912) (1.282) (21.507 242.514) Cash & cash equivalents at beginning of year 263.033 (83.089) (28.077) (61.909) (36.683) (12.200 Changes in operating assets & liabilities Inventory (25.819 (10.944) (10.667) (58.033 (61.081 20.296) (28.214) (42.565 12.751 155.758 8.854 163.294) - - - - (28.Cash Flow Statement Q4 Q4 Q4 Q4 Q4 1/29/2017 2/5/2017 2/12/2017 2/19/2017 2/26/2017 Cash flows from operating activities Profit / (Loss) for the year Interest Taxation (3.888 Page 47 of 117 .245) Adjustment for non-cash expenses: Depreciation 17.072 9.Example Trading (Pty) Limited Forecast .870) 7.921 8.821 3.667) (32.998 3.800) (1.840 184.795) - - - Cash flows from financing activities Increase / (Decrease) in cash equivalents (20.295 (7.795) - - - Net cash from financing activities - (16.667) (8.553) (1.998) (41.

840 184.888 102.751 155.373 .Cash & cash equivalents at end of year 242.854 Page 48 of 117 163.

106.320 689.340 22.800 1.921 Gross Profit 364.Income Statement © www.481 416.870 11.530 7.001.120 .Example Trading (Pty) Limited Forecast .690.025 Computer Expenses 3.com Turnover Q1 Q2 Q3 Q4 Total Q1 Total Q2 Total Q3 Total Q4 Total 2017 1.500 1.000 3.520 2.200 Telephone & Fax 7.000 6.000 975 975 975 975 3.990 36.600 87.935 728.785 2.065 485.0% 40.800 320.800 1.100 1.000 6.000 Postage 300 300 300 300 1.400 75.000 - 10.000 30.383.200 Printing & Stationery 900 900 900 900 3.000 24.300 2.200 80.000 6.530 - - 7.062.900 5.000 30.500 1.000 34.0% 38.000 48.000 35.844 1.000 3.000 Legal Fees Motor Vehicle Expenses - 12.000 126.200 Repairs & Maintenance Salaries & Wages Security Subscriptions 3.900 - - - 3.000 Gross Profit % Expenses Accounting Fees Advertising & Marketing Bank Charges 750 1.910 Cost of Sales 637.214.200 10.000 25.000 120.000 14.6% 6.4% 37.100 11.883 Electricity & Water 3.285 854 4.000 - 18.000 Entertainment - Equipment Hire 8.000 24.500 5.530 30.110 4.340 3.692.000 Insurance 6.000 31.600 424.200 14.800 9.000 35.000 6.000 1.000 3.900 3.266 2.000 6.000 12.250 Cleaning Expenses 2.000 6.139 Consumables 2.600 Professional Fees 12.000 12.000 20.009 567 764 4.000 4.6% 40.000 1.000 3.530 Page 49 of 117 7.400 76.000 1.850 2.excel-skills.000 30.000 22.400 637.543 7.900 Rent 30.

000 50.5% Depreciation Profit / (Loss) before Interest & Tax Profit / (Loss) % Page 50 of 117 .093 374.083 221.666 46.266 115.534 75.974 28.726 634.400 51.127 131.499 Profit / (Loss) for the period 62.311 38.506 29.000 2.000 - 4.998 138.000 2.073 241.629 Taxation 24.000 - 16.331 166.139 6.514 97.430 114.484 203.111 53.719 27.500 207.9% 11.000 4.4% 7.267 Interest 28.918 867.500 - 4.982 214.Training Uniforms Total Expenses 4.203 145.2% 8.1% 8.457 41.874 29.200 189.

047 241.000 14.857 73.077) (145.311 38.707) (6.534 75.629 Taxation 24.266 Inventory (41.666 46.421) - 35.321) (11.263 21.Example Trading (Pty) Limited Forecast .430) (114.000) (232.111 81.055 1.742 79.400 51.000) (60.236) (71.948) (188.703 64.000 Repayment of loans 500 - - 500 - - - 100.093 374.000) (24.000 (42.000) (48.111 53.659) (49.719 27.430 114.260) (13.059 401.071) (31.990 10.203 145.433 (18.659) (49.998 138.935) Increase / (Decrease) in cash equivalents (6.506) (29.309 Purchases of property.000) (60.000 50.000) (48.643) 42.429) (34.000) Net cash used in investing activities (100.000) (24.373 Cash & cash equivalents at beginning of year 21.000) Cash flows from investing activities Cash flows from financing activities Proceeds from shareholders' contributions - Proceeds from loans 100.436 (28.514 97.821) (170.874 29.363 166. plant & equipment (100.904) (48.139 Interest 28.461 189.000 Page 51 of 117 .820) 97.157) Receivables (93.499) Adjustment for non-cash expenses: Depreciation Changes in operating assets & liabilities Payables Cash generated from operations Interest paid Taxation paid Net cash from operating activities - (62.719) (27.253) 116.948) (87.651 212.435) Net cash from financing activities 57.955) (9.566 661.499 41.629) (83.506 29.974 28.974) (28.000) (232.576 (46.200 189.567) (33.083 5.404) (48.962 24.697 79.424) (47.Cash Flow Statement Q1 Q2 Q3 Q4 Total Q1 Total Q2 Total Q3 Total Q4 Total 2017 Cash flows from operating activities Profit / (Loss) for the year 62.

433 (18.263 Page 52 of 117 102.373 102.373 .820) 97.Cash & cash equivalents at end of year 14.

745 - 13.flow flow statement statement results.280 - 5. loan proceeds amounts and capital expenditure amounts need to be entered and all the 260 .000 - - - - 8.560 Gross Profit 28.Rows that require in A.275 47.150 .025 29.560 49.000 - - - - - - 2. Rows that require user input are highlighted in yellow other amounts are -automatically user input are highlighted in 900 yellow . Note that you can add additional expense accounts if required and you can also in column column A.calculated. amounts.000 and weekly gross profit taxation weekly.500 69.000 5.simply . -The weekly reporting periods are based on the start date that. amounts.8% 36..5% 36.766 50.800 5. This sheet sheet includes the actual actual..375 31.the other amounts are automatically calculated.000 75.of 100%.800 5.is specified.excel-skills.800 expenses.5% 36.484 29.440 28.the 2.8% Gross Profit % Expenses Accounting Fees Advertising & Marketing Bank Charges Cleaning Expenses Computer Expenses Consumables Electricity & Water Entertainment Equipment Hire Insurance On On this this sheet: sheet: This includes statement results.725 27.in cell B5 on 1.625 53.000 - - Legal Fees - - - - - - - - Motor Vehicle Expenses - - - - - - - - Postage - - - - 125 - - - Printing & Stationery - - - - 184 - - - - - - - - - - - - - - - - - - Professional Fees Rent Repairs & Maintenance Salaries & Wages 10.000 65. amounts. loan proceeds amounts and capital expenditure amounts need to be entered and all amounts.Income Statement © www.the “Assumptions” sheet.000 23.Example Trading (Pty) Limited Actual Results .000 85.612 43.440 35.use the for based aa weekly gross percentage the template template for service service based businesses by simply entering entering weekly gross profit profit percentage of 900 -businesses by . “Assumptions” sheet.800 3.800 10.com Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 3/6/2016 3/13/2016 3/20/2016 3/27/2016 4/3/2016 4/10/2016 4/17/2016 4/24/2016 Turnover 80.The The . taxation 3. 2. expenses..520 - - - - 5.800 5. percentages.000 .000 Cost of Sales 52. gross profit -percentages.800 5.800 - .000 78.000 41.turnover turnover amounts.000 80.975 50.weekly weekly income income statement and cash cash.5% 36. Note that you can add additional expense accounts if required and you can also use 3.8% 36.800 Security - - - - 325 - Subscriptions - - - - - - Telephone & Fax - - - - Page 53 of 117 2. The weekly reporting periods are based on the start date that is specified in cell B5 on the 100%.888 25.0% 36.8% 36.interest interest amounts.250 80.000 5.

1% 8.404 - 20.545 18.300 - 5.333 (3.540 11.582 Profit / (Loss) for the period 6.088 - 8.700 9.415) 4.220 9.225 - 19.800 3.063 (919) (1.604 2.6%) 17.638 Profit / (Loss) % 8.363) (3.250 5.490 7.4% 21.7% 15.Training - - Uniforms - - Total Expenses Depreciation Profit / (Loss) before Interest & Tax Interest 18.035 - - - - - - - - - - - 5.080 16.966 11.389 13.282) 25.162 (2.3% Page 54 of 117 .637) 11.140 9.800 25.4% 10.4% (3.800 17.811 6.340 16.0%) (4.709 4.593 2.696 6.220 - Taxation 2.925 8.

800) 9.200 15.694) - - Net cash from financing activities - (14.200) 18.200) (49.525 19.540) Page 55 of 117 .363) (3.000) 6.200) 2.688 9.098) (27.000) (2.520 (8.244) (17. plant & equipment - - - - - - - - Net cash used in investing activities - - - - - - - - Proceeds from shareholders' contributions - - - - - - - - Proceeds from loans - - - - - - - - Repayment of loans - (14.600) (12.525 19.584) - - - (14.593 6.749) (8.604 6.694) - - Cash flows from financing activities Increase / (Decrease) in cash equivalents Cash & cash equivalents at beginning of year (65.500) (1.000 2.900) 3.525 19.696 2.600 (65.333 - - - Changes in operating assets & liabilities Inventory (30.584) - - - (14.709 11.700 (11.Cash Flow Statement Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 3/6/2016 3/13/2016 3/20/2016 3/27/2016 4/3/2016 4/10/2016 4/17/2016 4/24/2016 Cash flows from operating activities Profit / (Loss) for the year Interest Taxation 6.250) 9.000 (9.000) 2.100) 16.140 (919) (1.265) 31.811 4.900 2.704 9.452) - - - - 9.545 4.000) Receivables (60.063 (2.651 Payables Cash generated from operations Interest paid - Taxation paid - Net cash from operating activities (65.775 (3.700) (3.000) - - - - - - - (10.Example Trading (Pty) Limited Actual Results .000 (44.637) - 8.651 (6.200) (4.200) (8.162 7.265) 31.600) (3.704 9.265) 31.146) 9.025 (10.582 Adjustment for non-cash expenses: Depreciation - - - - 13.966 8.140) (4.638 2.704 9.250 2.520 21.000 (2.651 (19.809) (10.415) 11.800 (15.200 1.520 Cash flows from investing activities Purchases of property.400 12.490 18.009) (59.274) (27.

749) (8.540) (8.098) (27.200) (49.009) (59.Cash & cash equivalents at end of year (44.020) .244) (17.274) Page 56 of 117 (27.

000 - - - 2.000 - - - Repairs & Maintenance - 4.800 5.150 Professional Fees - - - - Rent - 10.000 85.8% 36.975 36.excel-skills.000 83.800 - - - 23.300 - - - Salaries & Wages Security Subscriptions Telephone & Fax 5. expenses.824 53.440 27.8% 37.544 29.000 75.Income Statement © www. The The Accounting ercentages.720 52. taxation taxation Advertising & Marketing expenditure amounts need to be entered and expenditure amounts need to be entered and all all the the Bank Charges ows that require user input are highlighted in yellow Rows that require user input are highlighted in yellow Cleaning Expenses ll expense accounts ifif required expense accounts required and and you you can can also also use use Computer Expenses y simply simply entering entering aa weekly weekly gross gross profit profit percentage percentage of of Consumables dd on the start date that is specified in cell B5 on the on theElectricity start date that is specified in cell B5 on the & Water 2.000 Cost of Sales 51.8% 36.176 31.800 5.025 Gross Profit 30.Example Trading (Pty) Limited Actual Results .800 325 - - - 325 - - - - - - - - 2.000 80. interest amounts. expenses.150 - - - - - Equipment Hire - - - - - Insurance - - - - Legal Fees - - - - - Motor Vehicle Expenses - - - - - Postage 125 - - - 125 Printing & Stationery 184 - - - 184 - 2.800 5.456 50.745 .280 30.120 6. amounts.8% 36.745 Page 57 of 117 2. interest ercentages. results.500 270 - - - 250 - - 860 - - - - - - - - - 820 - - - - - Entertainment 1.com Q1 Q1 Q1 Q1 Q1 5/1/2016 5/8/2016 5/15/2016 5/22/2016 5/29/2016 Turnover 82.000 1.3% Gross Profit % n this this sheet: sheet: Expenses me and cash me statement statement andFees cash flow flow statement statement results.800 5.560 47.

000 (23.064 8.180 - 7.480 23.824 17.3%) Page 58 of 117 - 36.503) Profit / (Loss) for the period (1.333 Profit / (Loss) before Interest & Tax (2.021 (16.619 (6.Training - - - - - Uniforms - - - - - Total Expenses 19.640 15.224) Interest - Taxation (716) 2.556) 22.610 10.030 5.840) 6.800 23.399 Depreciation 13.721) Profit / (Loss) % (2.199 - .100 9.3% (22.0% 21.8% 13.2%) 7.210 6.570 4.

000 Increase / (Decrease) in cash equivalents 23.Example Trading (Pty) Limited Actual Results .840) Interest - Taxation (716) 6.924) Cash & cash equivalents at beginning of year (8.100) (3.500) (6.824 8.333 - - - 15.000) Proceeds from shareholders' contributions - - - - Proceeds from loans - - - - Repayment of loans - - (14.030) (12.857 20.804) - Net cash from financing activities - - (14.210 17.503) Adjustment for non-cash expenses: Depreciation 13.240 25.170) 1.000 Cash generated from operations 23.000 Changes in operating assets & liabilities Inventory (1.200 7.500 Payables 15.100) (11.076 Receivables Interest paid - - Taxation paid - - Net cash from operating activities 23.030 4.336) 1.Cash Flow Statement Q1 Q1 Q1 Q1 Q1 5/1/2016 5/8/2016 5/15/2016 5/22/2016 5/29/2016 Cash flows from operating activities Profit / (Loss) for the year (1.804) - Cash flows from financing activities 50.800) 21.600 (11.180 (4.180 (27.100) 6. plant & equipment - - - - (80.240 25.020) 15.619 (16.037 (7.000) (500) 5.570 10.180 (8.076 Cash flows from investing activities Purchases of property.877 4.893) Page 59 of 117 .000 50.877 4.366) - - - - 1.000) Net cash used in investing activities - - - - (80.021 6.800 (600) (6.877 4.721) (6.500) (5.133) (5.610 2.240 (4.300) (18.

857 20.893) (10.037 (7.Cash & cash equivalents at end of year 15.133) Page 60 of 117 (5.817) .

000 2.922 Gross Profit 33.030 - Legal Fees - - - - - - - Motor Vehicle Expenses - - - - - - - Postage - - - - 125 - - - Printing & Stationery - - - - 184 - - - - - - - - - - - - - - - - - - - - - - Professional Fees Rent Repairs & Maintenance Salaries & Wages 10.3% 37.500 83.000 5.000 Cost of Sales 56.3% 37.108 30.292 50.000 - - - - - - 1.800 5.000 86.430 53.000 - 2.300 90.213 31.078 37.3% 37.excel-skills.787 52.000 5.520 5.120 1.800 Security - - - - 325 - - - Subscriptions - - - - - - - - Telephone & Fax - - - - - - - Page 61 of 117 2.800 13.570 31.000 84.3% Gross Profit % Expenses Accounting Fees - - - - Advertising & Marketing - - - - - Bank Charges - - - - 450 - Cleaning Expenses - - 920 - - - Computer Expenses - - - - - - - - Consumables - - - - - - - - Electricity & Water - - - - - - Entertainment - - - - - - Equipment Hire - - - - - - - - - - - - - - Insurance 2.Example Trading (Pty) Limited Actual Results .773 31.856 56.295 51.400 81.000 82.3% 37.3% 37.800 5.444 33.3% 37.000 85.150 13.800 7.800 5.800 2.800 5.3% 37.800 10.570 32.745 .430 53.728 52.Income Statement © www.705 30.100 5.com Q2 Q2 Q2 Q2 Q2 Q2 Q2 Q2 6/5/2016 6/12/2016 6/19/2016 6/26/2016 7/3/2016 7/10/2016 7/17/2016 7/24/2016 Turnover 90.

952 6.053 - 19.354 10.0% 9.286 154 (1.508 - 14.000 24.163 17.735 3.720 24.487 3.3%) 21.Training - Uniforms - Total Expenses Depreciation Profit / (Loss) before Interest & Tax Interest Taxation 17.600 11.4% 10.572 Profit / (Loss) for the period 11.320 12.800 15.999 15.7% Page 62 of 117 .770 - 3.830 26.180 6.6% 12.416 3.800 - 214 6.290 - - - - - - - - - - - - 6.318 8.106) 19.0% 21.300 22.2% (1.186 Profit / (Loss) % 12.500 9.405 8.9% 0.222 60 (430) 7.253 9.740 - 19.758 - 4.644 - 8.

364 - - - - 12.775 Page 63 of 117 .058 (10.400) (1.544 12.900 100 (4.186 3.058 Interest paid - Taxation paid - Net cash from operating activities 24.185) - - - - - - 1.695) - - Increase / (Decrease) in cash equivalents Cash & cash equivalents at beginning of year 4.514 (7.735 20.300) (1.070 3.108 30.354 4.735 8.747) (27.040 5.953 11.487 9.331) 12.100) 7.200) (1.577) - - - (15.200) Receivables (5.416 10.400 (16.180 60 (430) 19.Cash Flow Statement Q2 Q2 Q2 Q2 Q2 Q2 Q2 Q2 6/5/2016 6/12/2016 6/19/2016 6/26/2016 7/3/2016 7/10/2016 7/17/2016 7/24/2016 Cash flows from operating activities Profit / (Loss) for the year Interest Taxation 11.762) 1.700) Cash generated from operations 24.000 - - - Changes in operating assets & liabilities Inventory (3.286 3.180) 8.800) (2.500) (2.163 8.700 7.953 11.106) - 8.100 (6.100) (3.000) - - - - - - - Cash flows from financing activities Proceeds from shareholders' contributions - - - - - - - - Proceeds from loans - - - - - - - - Repayment of loans - (15.514 (8.695) - - Net cash from financing activities - (15.070 (8.800) Payables 17.900) 4.Example Trading (Pty) Limited Actual Results .700 6.040 5.290) (5.318 6.800) (17.700) (6.066 8.070 (20.572 Adjustment for non-cash expenses: Depreciation - - - - 15.900) (1.448) 16.222 154 (1.509) (25.000) - - - - - - - Net cash used in investing activities (20.108 30.952 17.514 16.700 2.105 1.700 (3.290 3.400) (2.108 30.953 11.200) 3. plant & equipment (20.058 Cash flows from investing activities Purchases of property.040 5.253 7.557) (14.817) (6.577) - - - (15.

Cash & cash equivalents at end of year (6.775 25.066 8.448) 16.557) Page 64 of 117 (14.735 20.747) (27.509) (25.833 .

677 57.com Q2 Q2 Q2 Q2 Q2 7/31/2016 8/7/2016 8/14/2016 8/21/2016 8/28/2016 Turnover 87.745 Page 65 of 117 2.4% 39.000 Bank Charges 450 - - - 480 Cleaning Expenses - - 850 - - Computer Expenses - - - - - Consumables - - - - - Electricity & Water - - - Entertainment 1.768 51.698 35.500 1.120 Advertising & Marketing 6.excel-skills.982 54.800 6.743 37.150 - - - - - Equipment Hire - - - - - Insurance - - - - Legal Fees - - - - Motor Vehicle Expenses - - - - - Postage 125 - - - 125 Printing & Stationery 184 - - - 184 - - - - - - - - - - Professional Fees - Rent - Repairs & Maintenance - Salaries & Wages Security Subscriptions Telephone & Fax 5.680 90.420 95.4% 39.120 - - - 2.000 5.540 56.000 93.3% 37.500 - - - 15.800 15.642 37.400 5.Income Statement © www.Example Trading (Pty) Limited Actual Results .350 82.460 36.000 10.150 6.582 30.000 Cost of Sales 54.500 325 - - - 325 - - - - - - - - 2.800 2.4% Gross Profit % Expenses Accounting Fees 2.358 Gross Profit 32.745 .3% 39.

000 (7.751) Profit / (Loss) % (1.050 15.817) 17.624 2.125 6.987) Interest - Taxation (509) 3.319 5.7% 18.463 16.2%) Page 66 of 117 - - - .387 (5.373 (2.399 Depreciation 15.309) 9.629 16.943 - 22.5%) 11.760 28.3% 5.Training - - - Uniforms - - - Total Expenses 19.700 22.200 12.648 8.800 12.000 Profit / (Loss) before Interest & Tax (1.236) Profit / (Loss) for the period (1.060 6.2% (6.

800) 2.624 5.000 Changes in operating assets & liabilities Inventory (2.943 (8.751) (2.700) 900 (7.278) (60.633 Payables Cash generated from operations Interest paid - - Taxation paid - - Net cash from operating activities 13.483 13.800 (2.Cash Flow Statement Q2 Q2 Q2 Q2 Q2 7/31/2016 8/7/2016 8/14/2016 8/21/2016 8/28/2016 Cash flows from operating activities Profit / (Loss) for the year (1.640 5.125 16.866) 7.833 39.774 Page 67 of 117 .640 (66.057) (12.645) Cash flows from investing activities Purchases of property.319 3.100) 8.812) - - Increase / (Decrease) in cash equivalents 13.640 (60.900) 6.483 (36.645) Cash & cash equivalents at beginning of year 25.500 13.300) 6.309) Interest - Taxation (509) 9.688 16. plant & equipment - (50.600) (420) (2.812) - - Net cash from financing activities - - (15.315 3.060 2.400 (2.124) 16.258 (8.000) - - - Net cash used in investing activities - (50.483 13.000 (2.000 - - - 16.943 11.Example Trading (Pty) Limited Actual Results .748 16.387 6.060) 3.300) (2.800) (6.000) - - - Cash flows from financing activities Proceeds from shareholders' contributions - - - - - Proceeds from loans - - - - - Repayment of loans - - (15.373 (5.463 8.236) Adjustment for non-cash expenses: Depreciation 15.780) Receivables (5.

866) Page 68 of 117 7.315 3.871) .258 (8.Cash & cash equivalents at end of year 39.774 (52.

612 39.500 6.Income Statement © www.010 6.332 36.388 61.4% 39.500 7.500 Security - - - - 325 - - - Subscriptions - - - - - - - - Telephone & Fax - - - - - - - Page 69 of 117 2.500 98.4% 39.000 101.4% 39.200 - - Insurance 2.com Q3 Q3 Q3 Q3 Q3 Q3 Q3 Q3 9/4/2016 9/11/2016 9/18/2016 9/25/2016 10/2/2016 10/9/2016 10/16/2016 10/23/2016 Turnover 84.745 .4% 39.327 63.268 56.900 6.200 2.000 6.200 105.900 99.000 1.959 Gross Profit 33.150 Legal Fees - - - - - - - Motor Vehicle Expenses - - - - - - - - Postage - - - - 125 - - - Printing & Stationery - - - - 184 - - - - - - - - - - - - - - - - - - - - - - Professional Fees Rent Repairs & Maintenance Salaries & Wages 10.Example Trading (Pty) Limited Actual Results .520 6.8% Gross Profit % Expenses Accounting Fees - - - - 2.4% 39.872 65.8% 39.500 1.661 59.600 93.500 6.538 59.528 42.500 6.excel-skills.200 - - - - - - 2.600 Cost of Sales 51.839 38.362 39.000 - - - Bank Charges - - - - 480 - - - Cleaning Expenses - - 970 - - - 970 - Computer Expenses - - - - - - - Consumables - - - - - - 850 - Electricity & Water - - - - - - - Entertainment - - - - - - - - Equipment Hire - - - - - 9.500 11.873 41.120 - - - Advertising & Marketing - - - - 3.500 6.812 59.641 39.600 98.788 39.400 108.4% 39.

759 22.373 - 16.268 1.910 13.0% 22.720 8.5% 15.784 2.042 - 14.174 Profit / (Loss) for the period 10.439 7.940 7.878 7.320 31.800 8.700 14.350 18.621 - 4.740 8.3% 5.629 16.588 5.099 - 28.362 22.696 8.447 Profit / (Loss) % 12.097 5.632 - 8.831 4.470 31.5% 4.9% 22.400 28.Training - - - - - - - - Uniforms - - - - - - - - Total Expenses Depreciation Profit / (Loss) before Interest & Tax Interest Taxation 18.692 7.142 - 8.535 14.820 8.6% 18.8% 22.020 25.422 22.5% Page 70 of 117 .500 31.

670) (10.820) 5.820 1.740 22.600) (2.300) 4.350 8.097 14.703 10.942 19.100) (18.069 13.422 8.921 Cash flows from investing activities Purchases of property.921 (52.857) (15.921 17.400) (9.700) 9.535 4.942 19. plant & equipment - - - - - - - - Net cash used in investing activities - - - - - - - - Proceeds from shareholders' contributions - - - - - - - - Proceeds from loans - - - - - - - - Repayment of loans - (15.900 25.Example Trading (Pty) Limited Actual Results .578 18.050) - - Cash flows from financing activities Increase / (Decrease) in cash equivalents Cash & cash equivalents at beginning of year 17.447 7.939) (49.300 (700) (1.069 (7.942 19.100 13.200) 700 900 (17.100 (200) (4.759 7.300 (11.932 Interest paid - Taxation paid - Net cash from operating activities 17.542 9.931) - - - (16.268 4.720 22.239 14.292) 18.400) (5.940) 1.393 Page 71 of 117 .629) (14.632) 14.940 5.100) (18.703 10.000) 800 2.784 5.692 18.571) (34.299 - - - - - - 14.926) (4.Cash Flow Statement Q3 Q3 Q3 Q3 Q3 Q3 Q3 Q3 9/4/2016 9/11/2016 9/18/2016 9/25/2016 10/2/2016 10/9/2016 10/16/2016 10/23/2016 Cash flows from operating activities Profit / (Loss) for the year Interest Taxation 10.400) (17.800 - - - Changes in operating assets & liabilities Inventory Receivables Payables Cash generated from operations 3.500) (6.542 9.932 (7.588 8.931) - - - (16.050) - - Net cash from financing activities - (15.696 22.362 7.932 (14.174 Adjustment for non-cash expenses: Depreciation - - - - 16.871) (34.149) 3.330) (8.758 - - - - 18.600) (6.542 9.831 2.703 10.069 (10.

629) Page 72 of 117 (14.149) 3.Cash & cash equivalents at end of year (34.571) (34.939) (49.314 .926) (4.393 13.857) (15.

092 53.500 104.150 6.671 39.903 Gross Profit 40.8% 39.200 - - - 25.637 39.795 62.150 5.500 1.500 325 - - - 325 - - - - - - - - 2.010 6.excel-skills.Example Trading (Pty) Limited Actual Results .540 Cost of Sales 61.500 6.200 11.500 6.300 480 - - - 480 Cleaning Expenses - - 970 - - Computer Expenses - - - - - Consumables - - - - - Electricity & Water - - - Entertainment - - - - - Equipment Hire - - - - - Insurance - - - - Legal Fees - - - - - Motor Vehicle Expenses - - - - - Postage 125 - - - 125 Printing & Stationery 184 - - - 184 - - - - - - - - - - Professional Fees 1.855 41.8% Gross Profit % Expenses Accounting Fees Advertising & Marketing Bank Charges 2.120 - - - 2.120 10.8% 39.650 103.8% 39.500 2.728 35.8% 39.745 Page 73 of 117 2.com Turnover Q3 Q3 Q3 Q3 Q3 10/30/2016 11/6/2016 11/13/2016 11/20/2016 11/27/2016 102.580 Rent - Repairs & Maintenance - Salaries & Wages Security Subscriptions Telephone & Fax 6.029 60.700 99.Income Statement © www.193 41.307 63.820 89.745 .

2% 22.412 (14.673 - 7.716 (5.409 Depreciation 16.855) 14.100 8.5% (16.800 Profit / (Loss) before Interest & Tax (5.201 7.354) Interest - 20.470 34.929 16.2%) Page 74 of 117 .4% 18.466) Profit / (Loss) % (3.600 31.128 - 38.Training - - - Uniforms - 810 - Total Expenses 29.800 (20.8%) 14.499) 5.520 20.420 8.700 2.092) - Taxation (1.788 7.885 19.080 22.626) Profit / (Loss) for the period (3.

601 16.200) (15.171) - - Net cash from financing activities - - (16.962 85.000) (400) 12.400) 700 8.080 Receivables 1.420 22.573 9.233 69.314 48.Example Trading (Pty) Limited Actual Results .412 8.588 Cash & cash equivalents at beginning of year 13.466) (5.500 4.700 (18.626) Adjustment for non-cash expenses: Depreciation 16.600 Cash generated from operations 35.800 - - - 16.573 (14.800 Changes in operating assets & liabilities Inventory 2.028 37.346 35.788 19.500 9.901 - - - - 16.270) 16.991 Page 75 of 117 .028 37.400) 20.900 1.080 7.588 Interest paid - - Taxation paid - - Net cash from operating activities 35.700) 1.000 (3.200 (3.573 (7.660 84.855) (1. plant & equipment - - - - - Net cash used in investing activities - - - - - Proceeds from shareholders' contributions - - - - - Proceeds from loans - - - - - Repayment of loans - - (16.Cash Flow Statement Q3 Q3 Q3 Q3 Q3 10/30/2016 11/6/2016 11/13/2016 11/20/2016 11/27/2016 Cash flows from operating activities Profit / (Loss) for the year Interest Taxation (3.716 (14.499) 14.588 Cash flows from investing activities Purchases of property.885 5.700 7.171) - - Cash flows from financing activities Increase / (Decrease) in cash equivalents 35.028 37.200 Payables 19.346 35.346 35.

660 84.233 69.991 123.Cash & cash equivalents at end of year 48.579 .962 Page 76 of 117 85.

599 20.500 2.500 3.201 26.5% 40.050 - - - Bank Charges - - - - 480 - - - Cleaning Expenses - - 970 - - - 970 - Computer Expenses - - - - - - - - Consumables - - - 820 - - - - Electricity & Water - - - - Entertainment - - Equipment Hire - - Insurance - Legal Fees - Motor Vehicle Expenses - Postage - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 125 - - - Printing & Stationery - - - - 184 - - - Professional Fees - - - - - - - - Rent - - - - - - Repairs & Maintenance - - - Salaries & Wages 6.Example Trading (Pty) Limited Actual Results .500 1.810 53.5% Gross Profit % Expenses Accounting Fees - - - - 2.291 36.449 33.939 Gross Profit 36.100 89.8% 40.excel-skills.134 62.780 Cost of Sales 55.5% 40.500 6.147 42.201 29.453 29.540 6.811 49.5% 40.100 6.600 72.200 11.5% 40.100 66.745 .900 39.5% 40.500 Security - - - - 325 - - - Subscriptions - - - - - - - - Telephone & Fax - - - - - - - Page 77 of 117 2.800 50.200 11.852 22.120 - - - Advertising & Marketing - - - - 3.300 105.500 18.710 82.500 6.Income Statement © www.167 42.com Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 12/4/2016 12/11/2016 12/18/2016 12/25/2016 1/1/2017 1/8/2017 1/15/2017 1/22/2017 Turnover 92.150 6.841 39.500 2.010 6.300 55.010 6.5% 40.899 33.

500 36.710 - .460 - - 6.046) 163 5.1% 24.946 10.710 7.880) 581 28.399 13.341 - 8.191 10.175 Profit / (Loss) for the period 21.743 26.290 26.679 7.297 11.800 - (10.601 (3.697 - 7.470 16.580 Taxation - 19.7% Page 78 of 117 - 16.726 893 4.437 2.887 4.512 1.4% 3.010 3.831 (7.834) 418 15.500 30.165 Profit / (Loss) % 23.8% 17.420 16.Training - - - - - - - - Uniforms - - - - - - - - Total Expenses Depreciation Profit / (Loss) before Interest & Tax Interest 6.6% 5.0%) 0.8% (14.2% 17.432 19.

883 - - - - - - - - 49.559) 123.414) - Cash flows from financing activities Increase / (Decrease) in cash equivalents Cash & cash equivalents at beginning of year 41.800) Payables (6.580 - 1.414) - Net cash from financing activities - (16.726 893 11.620 14.900 Cash generated from operations 41.777 168.199 (7.459 257.292) - - - - (16.000 (12.500 17.678) (7.000) (3.292) - - - - (16.046) 163 5.091 39.512 4.732 42.297 7.000) Receivables 10.200 36.000) - Net cash used in investing activities - - - - - - (70.290 - 7.580) 19.600 21.463 49.887 8.190 299.881 (80.559) Interest paid - Taxation paid - Net cash from operating activities 41.732 42.199 3.559) Cash flows from investing activities Purchases of property. plant & equipment - - - - - - (70.368 217.460) 5.091 39.000) - Proceeds from shareholders' contributions - - - - - - - - Proceeds from loans - - - - - - - - Repayment of loans - (16.091 39.000 35.610 349.800 - 26.197 (7.420 49.831 4.100) (19.946 16.175 Adjustment for non-cash expenses: Depreciation - - - - - - Changes in operating assets & liabilities Inventory 6.881 13.200) (37.600) 2.300 (18.732 42.800 12.591 49.000) (26.200 19.400 (14.737 (7.100) 10.601 (7.100 26.165 10.460 (3.Example Trading (Pty) Limited Actual Results .199 27.420 49.491 268.881 (7.420 49.700 29.579 164.834) - 418 15.813 Page 79 of 117 .500 15.Cash Flow Statement Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 12/4/2016 12/11/2016 12/18/2016 12/25/2016 1/1/2017 1/8/2017 1/15/2017 1/22/2017 Cash flows from operating activities Profit / (Loss) for the year Interest Taxation 21.437 2.700 19.600) (20.

491 268.190 299.368 217.Cash & cash equivalents at end of year 164.610 349.813 261.254 .459 Page 80 of 117 257.777 168.

745 Page 81 of 117 2.120 10.000 - - - - Postage 125 - - - 125 Printing & Stationery 184 - - - 184 - - Motor Vehicle Expenses - 2.939 65.569 64.excel-skills.5% 40.745 .841 44.700 104.150 3.796 59.142 Gross Profit 42.322 62.5% 40.Income Statement © www.780 110.500 4.120 - - - 2.853 - - - - - - - 6.500 6.500 325 - - - 325 - - - - - - - - 2.150 - - - - 4.500 6.500 11.900 99.200 Professional Fees - Rent - Repairs & Maintenance - Salaries & Wages Security Subscriptions Telephone & Fax 6.440 Cost of Sales 62.5% 40.500 - - - - Entertainment - - - - - Equipment Hire - - - - - Insurance - - - - Legal Fees 1.Example Trading (Pty) Limited Actual Results .100 - - - 18.105 40.631 44.300 480 - - - 480 - - 970 - - - - - - - - - 900 1.5% Gross Profit % Expenses Accounting Fees Advertising & Marketing Bank Charges Cleaning Expenses Computer Expenses Consumables Electricity & Water 2.200 108.5% 40.379 42.010 6.298 40.com Turnover Q4 Q4 Q4 Q4 Q4 1/29/2017 2/5/2017 2/12/2017 2/19/2017 2/26/2017 105.

353 29.023) 17.829 17.2% 21.3%) Page 82 of 117 .943 18.565) 6.285 7.229 Depreciation 17.731) - Taxation (1.165) Profit / (Loss) for the period (4.026 - 32.127 (2.566) Profit / (Loss) % (3.898 (5.267 8.8%) 16.687 20.820 33.Training - - Uniforms - - Total Expenses 31.200 Profit / (Loss) before Interest & Tax (5.0% (5.350 10.710 24.200 (7.588) Interest - 19.330 - - - - 11.3% 17.921 - 3.978 7.

569 Payables Cash generated from operations Interest paid - - Taxation paid - - Net cash from operating activities (31.023) (1.400 1.483) 19.616) 19.188) (42.330 7.254 230.165) Adjustment for non-cash expenses: Depreciation 17.Example Trading (Pty) Limited Actual Results .000) (58.Cash Flow Statement Q4 Q4 Q4 Q4 Q4 1/29/2017 2/5/2017 2/12/2017 2/19/2017 2/26/2017 Cash flows from operating activities Profit / (Loss) for the year Interest Taxation (4.898 8.188) (42.800) 17.537) - - Cash flows from financing activities Increase / (Decrease) in cash equivalents (31.900 Receivables (47.500) (30.026 (109.200 17.130 Page 83 of 117 .537) - - Net cash from financing activities - - (16.479) (20.188) (42.000) (26.943 6.000) (8.013) Cash flows from investing activities Purchases of property.066 187.330) (27.026 30.000) 4.978 18.479) (7.127 (5.200 Changes in operating assets & liabilities Inventory (31.100) (15.565) 17. plant & equipment - - - - - Net cash used in investing activities - - - - - Proceeds from shareholders' contributions - - - - - Proceeds from loans - - - - - Repayment of loans - - (16.900 (31.582) (79.026 (79.200 - - - 17.566) (2.687 7.105 162.300 35.400 1.479) (44.013) Cash & cash equivalents at beginning of year 261.587 143.100 (15.946) 19.800) 1.267 20.

Cash & cash equivalents at end of year

230,066

187,587

143,105

Page 84 of 117

162,130

83,117

Example Trading (Pty) Limited
Actual Results - Income Statement
© www.excel-skills.com

Turnover

Q1

Q2

Q3

Q4

Total Q1

Total Q2

Total Q3

Total Q4

Total 2017

1,017,750

1,130,650

1,290,010

1,143,710

4,582,120

Cost of Sales

644,958

703,065

778,951

681,156

2,808,131

Gross Profit

372,792

427,585

511,059

462,554

1,773,989

36.6%

37.8%

39.6%

40.4%

38.7%

6,120

6,360

6,360

6,360

25,200

34,100

28,500

38,500

31,450

132,550

Gross Profit %
Expenses
Accounting Fees
Advertising & Marketing
Bank Charges

780

1,380

1,440

1,440

5,040

Cleaning Expenses

1,760

2,800

2,910

2,910

10,380

Computer Expenses

3,000

-

2,000

3,500

8,500

Consumables

1,720

-

850

1,720

4,290

Electricity & Water

3,450

3,450

13,800

18,540

32,340

Entertainment

-

Equipment Hire

8,000

Insurance

6,000

3,450

3,450

13,800
-

9,200

6,000

6,600
7,520

Legal Fees

-

15,400

Motor Vehicle Expenses

-

13,520

-

6,600
-

17,200
25,200
22,920

4,000

17,520

Postage

375

375

375

375

1,500

Printing & Stationery

552

552

552

552

2,208

Professional Fees

13,520

5,580

4,853

23,953

Rent

30,000

30,000

32,020

33,030

125,050

4,300

2,100

1,900

3,100

11,400

75,400

76,800

84,500

84,500

321,200

975

975

975

975

3,900

-

-

-

3,280

Repairs & Maintenance
Salaries & Wages
Security
Subscriptions

3,280

Telephone & Fax

8,235

-

8,235

8,235

Page 85 of 117

8,235

32,940

Training

6,200

2,100

3,500

810

207,107

219,947

215,877

218,940

861,871

41,666

46,000

50,400

51,200

189,266

124,019

161,638

244,782

192,414

722,852

Interest

24,420

24,530

23,460

22,370

94,780

Taxation

27,888

38,390

61,970

47,612

175,860

Profit / (Loss) for the period

71,711

98,718

159,352

122,431

452,212

7.0%

8.7%

12.4%

10.7%

9.9%

Uniforms
Total Expenses
Depreciation
Profit / (Loss) before Interest & Tax

Profit / (Loss) %

5,540
-

Page 86 of 117

3,350
-

17,190
4,310

700) (40.080) (83.062 210.084) (48.817) (52.860 41.000) (70.579 21.602 Purchases of property.431 452.685 165.420 24.838 248.781 420.243) (188.000 50.460 22.918 (47.000 .318 (24.561) (31.152) (49.420) (24.450 (40.561) 5.000 Repayment of loans (44.888 38.666 46.711 98.000) (220.Cash Flow Statement Q1 Q2 Q3 Q4 Total Q1 Total Q2 Total Q3 Total Q4 Total 2017 Cash flows from operating activities Profit / (Loss) for the year 71.000) - (70.800 66.000) Net cash used in investing activities (80.530) (23.000) Cash flows from investing activities Cash flows from financing activities Proceeds from shareholders' contributions - - - - - - - - Proceeds from loans 50.530 23.265 75.082) (47. plant & equipment (80.871) 123.970 47.200 189.278) - 42.600) (203.582) (175.000) (70.000) - (70.780 Taxation 27.030 224.700) (17.000) (220.220) (11.352 122.600 7.370 94.100 15.054) 176.817) (42.152) (49.084) (48.800) (26.370) (94.000 Net cash from financing activities Increase / (Decrease) in cash equivalents Cash & cash equivalents at beginning of year Page 87 of 117 50.462) 62.000 (10.390 61.780) (109.Example Trading (Pty) Limited Actual Results .734 691.400 51.243) (138.460) (22.500) 38.718 159.860) 78.678 Adjustment for non-cash expenses: Depreciation Changes in operating assets & liabilities Payables Cash generated from operations Interest paid Taxation paid Net cash from operating activities - (66.400) (39.117 21.266 Inventory (40.400 66.700) Receivables (96.700) (14.900 4.612 175.212 Interest 24.

579 Page 88 of 117 83.117 83.117 .817) (52.Cash & cash equivalents at end of year (10.871) 123.

000 1.883 “Assumptions” sheet.excel-skills.327 Current Assets Cash Page 89 of 117 .171 1.000 800.309 180.540) 1.178 9. The entered -by by the the user.236.085.853 1.085.000 7 7 7 7 7 7 Current Assets Cash Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans 1.429 298.098) (27.667 Inventory 140.518) (17.700 314.725 balance sheet sheet need to to be be 145.000 175.612 1. No user input is required for the the monthly income statement and cash flow statement forecast. Plant & Equipment 800.000 174.000 1.000 Current Liabilities Payables 110.085. sheet. “Assumptions” sheet.238 128.107 160. sheets.244) 1.009) (59.277.300 326.982 from 1.000 321.Balance Sheet © www.931 174.915 11.000 786.000 800.211.200) (49.667 786.Example Trading (Pty) Limited Forecast . user.000 172.821 327.000 this sheet: sheet: This sheet the and balance balance sheet This(2.171 1.000 800.244) (17.071.841 the monthly income statement and cash flow statement forecast.186) (43.000 1.779) (21.100.000 170.500 313.000 800.542 1. The 4.120 weekly reporting periods are based on the start date that is specified in cell B5 weekly reporting periods are based on the start date that is specified in cell B5 on on the the 1. Rows that require user input are highlighted in yellow in column A.667 Inventory 140.949 119.000 1.425) sheet includes includes the forecast forecast and actual actual balance sheets.229.871 329. Plant & Equipment 800.539 168.612 1.929 13.469 1.000 800.000 Provision for Taxation 1.071.000 170.462 13.274) (27.667 786.000 310.085.267.667 786.286 322.656) (35.291 1.237.780 The 30.853 1.749) (8.526 1.050 15.883 1.523 1.211.200 21.267.224.175 182.900 327.000 800.000 1.000 800.238.000 175.270. The forecast forecast balance sheet is is 10.738 calculated the are on sheet and on calculated from1.842 1.693) (34.982 1.272.542 1.842 1.000 786.184 entered Rows that require user input are highlighted in yellow in column A.607 21.100 334.151 1.278.667 786.979 336.000 Receivables 250.982 1.000 168.270.412 172.281.407 140.com Q0 Q1 Q1 Q1 Q1 Q1 Q1 Q1 2/28/2016 3/6/2016 3/13/2016 3/20/2016 3/27/2016 4/3/2016 4/10/2016 4/17/2016 Assets Property.000 800.224.211.286balances 122.233.238.273 39.982 1.982 the values values that that are entered entered on the the “Assumptions” “Assumptions” sheet and the the calculations calculations on 1. Most of of the the balances on on the actual actual154.000 1.277. Number of days in period 7 Example Trading (Pty) Limited Actual Results .165 1.761 35.000 1.852 Receivables 250.745 23.229.841 1.270. No user input is required for the forecast on Most balances the balance need forecast balances on this this sheet.270.000 On this On1.674) (26.900 337.800 327.000 1.165 1.000 (65.488 148.676 33.500 1.277.Balance Sheet Q0 Q1 Q1 Q1 Q1 Q1 Q1 Q1 2/28/2016 3/6/2016 3/13/2016 3/20/2016 3/27/2016 4/3/2016 4/10/2016 4/17/2016 Assets Property.000 181.000 (44.085.

100 125.236.000 1.313 9.900 116.722 110.000 Number of days in period 2.662 25.125 1.469 1.000 6.237.300 Current Liabilities Payables Provision for Taxation 1.604 5.085.272.211.500 138.523 1.526 1.com Q0 Q1 Q1 Q1 Q1 Q1 Q1 Q1 2/28/2016 3/6/2016 3/13/2016 3/20/2016 3/27/2016 4/3/2016 4/10/2016 4/17/2016 Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans 1.000 1.696 13.278.327 7 7 7 7 7 7 7 Page 90 of 117 .532 19.722 1.085.100.947 14.416 1.180 1.233.085.866 15.416 1.000 - 1.100 153.000 1.006 37.000 126.500 1.277.200 127.000 1.151 1.000 1.Balance Sheet © www.369 49.416 1.900 138.070.291 1.369 41.excel-skills.100.416 1.085.000 1.207 43.000 1.281.Example Trading (Pty) Limited Forecast .803 16.070.000 1.

296.400 (8.331 141.266.786 335.334 838.269.071.598) 7.208 61.617 Current Assets Cash Page 91 of 117 .211 152.133) (5.283.272.257) (1.000 1.000 1. Plant & Equipment 786. No user input is required for the atement forecast.584 1.260 Receivables 326.285.700 349.994 1.800 352.com Q1 Q1 Q1 Q1 Q1 Q2 4/24/2016 5/1/2016 5/8/2016 5/15/2016 5/22/2016 5/29/2016 Assets Property.433 1.000 174.000 1.001 1.576 1.269.050 30.334 773.994 Number of days in period 7 Example Trading (Pty) Limited Actual Results .Example Trading (Pty) Limited Forecast .455 1. Plant & Equipment 786.222 1. The Provision for Taxation 18.841 atement forecast.Balance Sheet Q1 Q1 Q1 Q1 Q1 Q2 4/24/2016 5/1/2016 5/8/2016 5/15/2016 5/22/2016 5/29/2016 Assets Property.500 181.157.996 167.334 773.750 145.296.071 1.037 (7.071.334 858.311 1.514 1.647 1.576 131.313.excel-skills.291 1.900 346.258 1.844 79.306.833 177.000 1.334 Inventory 173.296.750 342.000 332.272.020) 15. The nput are are highlighted in yellow in column A.035 181. The forecast forecast balance balance sheet sheet is is 48.179 323.057.922 24.618 Payables nput highlighted in yellow in column A.222 1.841 1.334 773.910 start start date date that that is is specified specified in in cell cell B5 B5 on on the the 1.055 18.302.929 321.000 186.397.397.576 1.696 1.285.696 1.857 20.625 Retained Earnings the the “Assumptions” “Assumptions” sheet and and the the calculations calculations on on Long Term Loanssheet 1.429 Cash (10.000 46.000 1.334 773.500 180.107 17.513 62.584 1.258 1.893) (10.667 773.435 (2.113 127.475) (147) 14. No user input is required for the Current Liabilities alances on balances on the the actual actual balance balance sheet sheet need need to to be be132.455 7 7 7 7 7 Current Assets Equity & Liabilities s sheet: is sheet: Shareholders' Contributions balance sheets.817) 1.Balance Sheet © www.334 Inventory 169. The balance sheets.310 171.975 181.700 Receivables 332.266.560 45.000 343.057.000 186.576 1.600 338.334 773.667 773.354.581 24.057.841 1.334 773.

433 71.000 1.296.000 1.200 145.722 1.617 7 7 7 7 7 7 Page 92 of 117 .000 1.978 60.841 1.600 157.587 71.Balance Sheet © www.055.283.991 23.562 27.070.400 149.071 1.412 88.000 1.722 1.055.818 53.918 1.771 34.070.100 Current Liabilities Payables Provision for Taxation Number of days in period 21.900 127.000 55.000 1.722 1.Example Trading (Pty) Limited Forecast .707 20.com Q1 Q1 Q1 Q1 Q1 Q2 4/24/2016 5/1/2016 5/8/2016 5/15/2016 5/22/2016 5/29/2016 Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans 1.302.001 1.918 1.291 1.306.070.390 27.647 1.918 134.711 1.excel-skills.105.888 1.354.100 148.313.

715 143.334 843.excel-skills.765 193.369 1.334 843.111 167.000 192.334 843.473 47.500 190.677 63.298 187.110 189.500 1.912 1.448) 16.387.667 1.016 1.777 132.927 1.179 356.715 81.111 25.900 185.912 1.409 1.445.107 362.141.141.388 Receivables 352. Plant & Equipment 858.334 858.759 45.334 858.000 188.525 1.955 41.815 189.111 1.Balance Sheet Q2 Q2 Q2 Q2 Q2 Q2 Q2 Q2 6/5/2016 6/12/2016 6/19/2016 6/26/2016 7/3/2016 7/10/2016 7/17/2016 7/24/2016 Assets Property.508 183.com Q2 Q2 Q2 Q2 Q2 Q2 Q2 Q2 6/5/2016 6/12/2016 6/19/2016 6/26/2016 7/3/2016 7/10/2016 7/17/2016 7/24/2016 Assets Property.369.334 Inventory 185.118 1.710 138.909 1.590 1.431.357 350.467 Current Assets Cash Page 93 of 117 .509) (25.116 155.556 31.402.500 1.500 1.244 143.334 858.334 843.925 7.927 1.557) (14.755 158.334 843.845 134.912 1.500 185.426 42.395.519 35.500 1.686 1. Plant & Equipment 858.200 Receivables 352.438.926 126.500 65.520 38.393.334 843.358 51.851 1.593 1.735 20.747) (27.216 121.100 (6.500 1.111 1.310 183.126.438.126.724 107.400 362.141.143 5.571 349.376.334 858.334 858.909 1.525 109.334 843.069 1.590 1.141.405.300 353.500 365.600 355.334 843.369 1.401.041 29.440.141.071 356.478 1.787 1.004 41.775 25.447.600 185.982 7 7 7 7 7 7 7 7 Current Assets Cash Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans Current Liabilities Payables Provision for Taxation Number of days in period Example Trading (Pty) Limited Actual Results .851 1.399.334 858.870 184.833 1.126.Example Trading (Pty) Limited Forecast .643 360.700 355.300 365.912 1.405.912 1.134 14.500 1.416.447.500 362.600 1.118 1.401.431.118 1.982 1.300 357.426.066 8.051 97.Balance Sheet © www.399.500 1.016 1.445.282 53.334 Inventory 183.300 189.885 106.440.

986 117.918 1.990 46.600 1.426.395.300 146.646 1.369.319 1.600 Current Liabilities Payables Provision for Taxation Number of days in period 32.341 1.074.341 1.402.478 1.000 1.090.Example Trading (Pty) Limited Forecast .000 1.686 1.330 56.646 1.902 1.842 53.416.066 93.546 118.700 131.409 1.700 150.000 1.074.000 1.341 1.090.256 42.000 1.com Q2 Q2 Q2 Q2 Q2 Q2 Q2 Q2 6/5/2016 6/12/2016 6/19/2016 6/26/2016 7/3/2016 7/10/2016 7/17/2016 7/24/2016 Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans 1.000 153.090.303 36.376.272 45.069 1.787 1.525 1.000 1.000 1.646 165.105.832 118.Balance Sheet © www.600 139.880 137.228 110.213 46.090.467 7 7 7 7 7 7 7 7 Page 94 of 117 .300 147.excel-skills.393.133 146.500 148.387.341 1.074.000 83.

086 1.172 1.092 1.757 154.800 369.393 374.989 151.456.786 353.355 182.041 57.167 1.215 Receivables 355.000 386.433.100 39. Plant & Equipment 828.835 195.334 Inventory 195.500 1.410 167.110.640 146.048 1.048 1.229 1. Plant & Equipment 828.728 1.922 190.Balance Sheet © www.334 Inventory 182.500 1.671 33.472.110.900 377.490.444.200 380.Balance Sheet Q2 Q2 Q2 Q2 Q3 7/31/2016 8/7/2016 8/14/2016 8/21/2016 8/28/2016 Assets Property.Example Trading (Pty) Limited Forecast .064 155.393.774 (52.390 147.500 1.600 195.334 872.258 (8.045 51.868 1.880 1.334 888.880 1.963 Current Assets Cash Page 95 of 117 .452.315 3.172 1.876 29.110.866) 7.126.456.500 133.334 878.452.334 888.250 377.excel-skills.512 1.334 878.426.500 1.229 7 7 7 7 7 Current Assets Cash Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans Current Liabilities Payables Provision for Taxation Number of days in period - Example Trading (Pty) Limited Actual Results .172 1.334 878.449 1.334 862.100 27.461 (18.461.036 363.000 192.334 888.871) 1.326 65.620 198.200 195.575 1.426.441.com Q2 Q2 Q2 Q2 Q3 7/31/2016 8/7/2016 8/14/2016 8/21/2016 8/28/2016 Assets Property.820) 1.500 90.365 160.111 1.182 136.167 1.400 Receivables 370.793 53.650 194.575 1.472.110.490.172 143.

461.393 60.000 1.834 1.074.074.393.excel-skills.834 156.058.000 1.100 157.444.728 1.058.179 170.868 1.834 1.646 1.449 1.433.058.441.700 Current Liabilities Payables Provision for Taxation Number of days in period 56.Balance Sheet © www.017 62.646 1.329 159.000 1.092 1.000 145.141 68.010 154.Example Trading (Pty) Limited Forecast .429 1.com Q2 Q2 Q2 Q2 Q3 7/31/2016 8/7/2016 8/14/2016 8/21/2016 8/28/2016 Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans 1.000 1.792 176.514 1.100 160.963 7 7 7 7 7 Page 96 of 117 - .400 154.200 163.

148 Current Assets Page 97 of 117 .750 12.334 845.422.440.077.534 845.250 387.515.094.084 1.172 1.607 390.629) (14.500 1.334 920.482.400 Cash (34.355 163.459.857 389.094.093 1.443 5.093 1.524.939) (49.300 195.000 224.393 13.472 187.201 1.061 194.539. Plant & Equipment 862.897) (20.396.571 400.900 442.534 Inventory 195.077.397 141.440.534 903.482.Balance Sheet © www.988 7 7 7 7 7 7 7 7 Current Assets Cash Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans Current Liabilities Payables Provision for Taxation Number of days in period Example Trading (Pty) Limited Actual Results .721 158.832 164.500 1.036 392.381 1.000 225.334 920.100 441.524.084 1.479.495 1.201 1.110.495.735 (12.988 1.300 439.203 258.607 131.534 Inventory 195.469 251.931 33.Balance Sheet Q3 Q3 Q3 Q3 Q3 Q3 Q3 Q3 9/4/2016 9/11/2016 9/18/2016 9/25/2016 10/2/2016 10/9/2016 10/16/2016 10/23/2016 Assets Property.336 197.227 1.040 10.534 845.500 1.457.265 1.292) 5.874 1.857) (15.142 208.495.534 845.149) 3.929 2.500 1.193 194.495.571) (45.800 403.663 1.500 1.900 Receivables 386.094.334 872.530 194.459.201 26.381 1.269 38.539.164 201.379 195.334 903.242 1.077.453.500.500 200.094.814 Receivables 382.643 385.453.500 1.200 221.com Q3 Q3 Q3 Q3 Q3 Q3 Q3 Q3 9/4/2016 9/11/2016 9/18/2016 9/25/2016 10/2/2016 10/9/2016 10/16/2016 10/23/2016 Assets Property.778 228.384 1.770 26.978 1.093 1.excel-skills.749 1.000 206.800 388.670 217.907 1.534 903.458 229.384 1.409.900 422.242 1.953 196.817 35.827 230.400 394.964 390.500.567 27.058 147.Example Trading (Pty) Limited Forecast .573 1.712 1.334 862.314 1.571) (34.874 1.874 163.500 1.500 173.534 903.334 862.749 1.522.334 862.093 1.573 1.977 1.481 136.356 18.505 1.926) (4.476 30.285 1. Plant & Equipment 872.

026.305 39.000 1.026.734 246.146 240.900 146.853 1.515.com Q3 Q3 Q3 Q3 Q3 Q3 Q3 Q3 9/4/2016 9/11/2016 9/18/2016 9/25/2016 10/2/2016 10/9/2016 10/16/2016 10/23/2016 Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans 1.964 195.903 1.903 1.227 1.000 1.excel-skills.409.903 1.505 1.853 1.853 164.Example Trading (Pty) Limited Forecast .097 9.978 1.285 1.000 1.000 180.148 7 7 7 7 7 7 7 7 Page 98 of 117 .396.000 159.200 174.171 1.977 1.000 1.Balance Sheet © www.495.565 250.997 47.000 1.042.663 1.723 218.026.609 31.457.422.042.278 291.000 1.927 273.522.479.100 155.058.600 147.557 27.725 1.495 1.900 185.341 29.400 Current Liabilities Payables Provision for Taxation Number of days in period 4.042.000 1.200 141.834 1.903 1.837 18.042.

115 39.580 168.400 220.500 408.580.548.089 72.591 1.734 886.513 1.579 1.534.796 1.061.428 37.168 1.580.033 Current Assets Cash Page 99 of 117 .536 408.525 1.430 1.006 38.061.061.excel-skills.500 1.821 56.320 53.734 828.317 1.522 263.179 285.940 1.077.000 221.552.714 405.263 1.513 172. Plant & Equipment 828.Balance Sheet Q3 Q3 Q3 Q3 Q4 10/30/2016 11/6/2016 11/13/2016 11/20/2016 11/27/2016 Assets Property.500 203.199 154.929 406.620 Receivables 439.566.734 886.874 1.751 305.734 828.734 828.734 886.962 142.500 1.700 439.552.704 56.500 1.534.807 203.940 7 7 7 7 7 Current Assets Cash Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans Current Liabilities Payables Provision for Taxation Number of days in period Example Trading (Pty) Limited Actual Results .962 85.513 1.893 202.700 438.430 1.558.591 1.100 426.Balance Sheet © www.900 435. Plant & Equipment 886.734 811.000 218.934 Inventory 219.874 1.046 1.700 212.335 299.575.233 69.com Q3 Q3 Q3 Q3 Q4 10/30/2016 11/6/2016 11/13/2016 11/20/2016 11/27/2016 Assets Property.736 204.500 1.294 1.667 1.Example Trading (Pty) Limited Forecast .991 123.921 Receivables 402.734 869.513 1.168 1.548.900 48.536.061.500 258.926 48.567.317 1.163 97.276 53.567.934 Inventory 202.660 84.574.500 165.

600 Current Liabilities Payables Provision for Taxation Number of days in period 45.000 1.574.000 1.536.834 344.754 321.033 7 7 7 7 7 Page 100 of 117 .575.853 1.600 166.796 1.010.026.970 1.000 1.026.671 51.400 151.869 302.excel-skills.667 1.682 1.Example Trading (Pty) Limited Forecast .853 1.880 67.781 1.682 174.010.682 1.010.596 61.525 1.000 1.900 184.000 287.com Q3 Q3 Q3 Q3 Q4 10/30/2016 11/6/2016 11/13/2016 11/20/2016 11/27/2016 Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans 1.000 171.294 1.558.247 329.460 58.566.Balance Sheet © www.

500 1.420 267.611.190 299.Balance Sheet Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 12/4/2016 12/11/2016 12/18/2016 12/25/2016 1/1/2017 1/8/2017 1/15/2017 1/22/2017 Assets Property.548 263.593 382.359 1.134 Inventory 200.582.580 1.008 1.542.577.045.820 193.500 339.984 321.831 1.695 329.000 165.934 869.813 261.026 135.993 125.045.500 144.017 62.934 811.040 1.507 1.044 1.538.134 865.732 1.134 Inventory 205.580 1.571.771 350.934 795.447 322.028.com Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 12/4/2016 12/11/2016 12/18/2016 12/25/2016 1/1/2017 1/8/2017 1/15/2017 1/22/2017 Assets Property.134 795. Plant & Equipment 869.977 60.Balance Sheet © www.525 1.934 869.500 1.823 73.167 1.Example Trading (Pty) Limited Forecast .900 282.300 394.062 108.200 178.166 1.533.008 1.300 267.500 1.134 877.369 127.513 1.000 139.134 853.538.610 349.429 1.566.157 61.286 110.166 1.919 287.007 Receivables 402.049 159.934 811.506 265.882 315.102 1.836 330.254 1.028.586 63.533.777 168.491 268.582.359 158.167 1.593 1.360 140.565 149.566.900 272.657 179. Plant & Equipment 811.573.603.000 366.598.514.629 319.579.914 331.500 1.008 1.417 1.269 219.045.934 853.134 877.924 1.359 1.555.700 163.499 62.514.754 257.417 1.134 865.040 1.200 1.459 257.excel-skills.520 188.934 869.100 319.126 66.029 253.500 1.900 Cash 164.045.500 1.000 127.568.028.264 107.696 136.166 1.579.500 319.288 Current Assets Page 101 of 117 .577.349 65.713 123.826 166.378 125.200 7 7 7 7 7 7 7 7 Current Assets Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans Current Liabilities Payables Provision for Taxation Number of days in period Example Trading (Pty) Limited Actual Results .553 Cash 129.000 Receivables 416.600 365.603.047 1.368 217.934 811.300 303.500 1.008 1.257 291.539.061.166 1.429 1.109 1.876 149.

700 128.568.399 362.400 146.390 994.000 351.525 1.com Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 12/4/2016 12/11/2016 12/18/2016 12/25/2016 1/1/2017 1/8/2017 1/15/2017 1/22/2017 Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans 1.Example Trading (Pty) Limited Forecast .207 73.047 1.288 7 7 7 7 7 7 7 7 Page 102 of 117 .555.939 1.101 77.200 137.571.273 1.010.831 1.611.Balance Sheet © www.402 370.542.000 1.817 378.390 994.390 994.000 1.976 165.000 144.924 1.100 Current Liabilities Payables Provision for Taxation Number of days in period 70.600 106.702 74.107 404.000 1.233 362.102 1.105 358.764 90.668 356.excel-skills.500 117.593 1.818 80.044 1.390 994.600 109.655 74.573.390 977.000 1.482 72.539.000 1.598.000 1.000 1.976 977.682 994.

011.700 Receivables 366.360 161.934 847.612.703 72.605.972 208.139 1.056 374.600 223.350 75.073 1.565 1.576.292 1.400 456. Plant & Equipment 859.239 1.500 1.200 454.000 222.605.565 1.884 210.576.333 1.690.751 155.489 168.934 842.130 83.591.500 1.934 847.556 354.620 419.907 7 7 7 7 7 Current Assets Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans Current Liabilities Payables Provision for Taxation Number of days in period - Example Trading (Pty) Limited Actual Results .840 184.921 1.359 1.420 420.676 408.934 859.934 859.066 187.934 830.105 162.643 Cash 242.633.831 211.767 371.Balance Sheet © www.323 1.464 1.633.734 Inventory 174.503 87.888 102.028.117 1.500 1.907 1.011.064 169.900 1.292 1.734 Inventory 196.289 195.800 453.500 346.654.051 Current Assets Page 103 of 117 .500 Cash 230.Balance Sheet Q4 Q4 Q4 Q4 Q4 1/29/2017 2/5/2017 2/12/2017 2/19/2017 2/26/2017 Assets Property.011.011.640.373 1.000 230.431 83.477 375.333 1.235 385.073 1.587 143.000 225.excel-skills.500 1.854 163.830 1.677.934 847.com Q4 Q4 Q4 Q4 Q4 1/29/2017 2/5/2017 2/12/2017 2/19/2017 2/26/2017 Assets Property.565 1. Plant & Equipment 847.900 425.682.934 859.612.654.565 157.Example Trading (Pty) Limited Forecast .157 Receivables 328.830 1.630 189.

400 174.640.Balance Sheet © www.353 103.976 977.500 176.400 Current Liabilities Payables Provision for Taxation Number of days in period 89.300 158.239 1.976 961.192 436.921 1.439 172.880 457.300 189.464 1.682.000 1.000 1.000 1.000 Retained Earnings 400.690.591.000 1.677.212 Long Term Loans 977.Example Trading (Pty) Limited Forecast .com Q4 Q4 Q4 Q4 Q4 1/29/2017 2/5/2017 2/12/2017 2/19/2017 2/26/2017 Equity & Liabilities Shareholders' Contributions 1.778 452.249 418.747 1.439 961.excel-skills.375 96.439 961.900 1.051 7 7 7 7 7 Page 104 of 117 - .620 111.

373 102.643 14.907 91 91 91 91 364 Number of days in period Example Trading (Pty) Limited Actual Results .734 842.617 1.580.157.055 154.963 1.334 862.051 Current Assets Page 105 of 117 .513 1.426.734 Inventory 181.576.874 - - 1.565 152.215 204.565 1.033 1.907 1.229 1.576.429 377.940 1.334 811.500 1.400 386.Example Trading (Pty) Limited Forecast .591.500 1.334 869.579 83.397.576 1.157 211.580.400 212.591.011.703 189.500 453.311 - 53.500 408.734 Inventory 180.com Q1 Q2 Q3 Q4 Total Q1 Total Q2 Total Q3 Total Q4 Total 2017 Assets Property.700 198.455 1.139 1.500 1.061.426.045 165.734 830.157 Receivables 343.397.643 420.373 1.433 (18.Balance Sheet © www.940 1.117 83.620 223. Plant & Equipment 858.500 Cash (10.000 1.046 374.110.139 374.334 872.921 211.512 299.821 420.907 1.172 1.700 Receivables 346.excel-skills.900 453.354.934 842.393.Balance Sheet Q1 Q2 Q3 Q4 Total Q1 Total Q2 Total Q3 Total Q4 Total 2017 Assets Property.703 Current Assets Cash Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans Current Liabilities Payables Provision for Taxation 24.934 830.011.575.700 223.817) (52.576.006 189. Plant & Equipment 838.100 426.260 195.871) 123.455 1.117 1.051 1.576.514 160.907 1.229 1.500 62.263 102.820) 97.

com Q1 Q2 Q3 Q4 Total Q1 Total Q2 Total Q3 Total Q4 Total 2017 Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans 1.393.Balance Sheet © www.051 1.212 1.000 1.439 961.429 329.010.439 148.000 1.212 452.918 1.100 163.051 91 91 91 91 364 Page 106 of 117 .000 1.682 961.Example Trading (Pty) Limited Forecast .excel-skills.400 Current Liabilities Payables Provision for Taxation Number of days in period 27.000 71.781 452.617 1.963 1.834 1.575.888 - 61.058.970 - - 1.354.591.000 1.105.033 1.711 170.591.600 176.700 171.400 176.

110.874 - - - 10/30/2016 10/5/2016 1.513 - 1.110.excel-skills.982 1 1.912 4 - 1.loan that are template as that 4/5/2016 are specified specified in in the the template assumptions assumptions as well well as as the additional additional loan amounts amounts 4/5/2016 1.028.094.982 - 3/20/2016 3/5/2016 1.982 - 1.841 .513 - - 12/11/2016 12/5/2016 1.100.513 - - - 11/20/2016 11/5/2016 1.061.912 - - - 1.359 - - - 1/29/2017 1/5/2017 1.982 - 1.085.085.379 10.359 - - 1.085.565 - - - 23.643 100.085.018 1.008 - 1.998 14.992 9.061.513 - 12/18/2016 12/5/2016 1.the .359 - - 1.028.071.141 that are entered on the weekly cash flow statement.093 - - - 10/9/2016 10/5/2016 1.912 - - - 1.111 - - 1.841 2 1.576 - - - 5/29/2016 5/5/2016 1.011.172 - 1.912 - - - 6/26/2016 6/5/2016 1.141.982 - 1.included amounts that are statement amounts that are are calculated calculated are automatically automatically included on on.793 25.028.841 - 5/8/2016 5/5/2016 1.077.359 - 1.912 - 7/17/2016 7/5/2016 1.093 - - - 9/25/2016 9/5/2016 1.841 - 1.141.077.085.057.144 8.141.093 - 1.093 - - 1.982 .111 - 8/14/2016 8/5/2016 1.011.565 - - - 2/19/2017 2/5/2017 1.841 - 1.793 25.129 9.057.912 - 1.061.011.000 - 1.100.sheet: On On this this sheet: 1.061.071.359 - - - 2/5/2017 2/5/2017 1.565 - - 1.028.045.008 - - 1.011.576 - - 6/5/2016 6/5/2016 1.008 - - - 1/8/2017 1/5/2017 1.126.982 3/27/2016 4/3/2016 4/10/2016 4/17/2016 4/24/2016 - Loan Repayment 1.141.126.111 - - - 7/31/2016 7/5/2016 1.565 12 - 1.126.085.126.Loan Repayment Schedule Interest Rate 10.111 5 - 1.172 - - - 1.288 9. -No No user user input input is required on on this this sheet.576 - - - 5/22/2016 5/5/2016 1.649 16.028.565 - - - 2/26/2017 2/5/2017 1.011.793 25.172 - - - 8/21/2016 8/5/2016 1. The interest and capital repayment that are entered on the weekly cash flow statement.061.085.028.008 - - - 1/1/2017 1/5/2017 1.265 15. The interest and capital repayment 4/5/2016 1.141.513 9 - 1.795 .874 - - 1.565 - 9.100.141.912 - - 7/10/2016 7/5/2016 1.094.359 - - - 1/22/2017 1/5/2017 1.071.077.157.513 - - - 1.664 15.874 - 11/13/2016 11/5/2016 1.071.513 - - 12/4/2016 12/5/2016 1.028.793 25.841 statement forecast.157.141.110.061.576 - 1.011.141.077.110.077.513 - - - 1.045.008 - - 1.126.on on the the start-up start-up loan balance balance-and and loan loan terms terms - - Closing Balance 1.576 - - 1.057.172 - - 9/4/2016 9/5/2016 1.061.361 16.874 - - 1.094.094.912 - - 7/3/2016 7/5/2016 1.loan This amortization is This3/5/2016 amortization table table is calculated calculated based based.111 - - 1.094.141.431 9.982 - 1.502 14.141.841 - 5/1/2016 5/5/2016 1.008 10 - 1.the the weekly weekly income income statement 4/5/2016 -is required forecast and statement sheet.094.50% Repayment Term 5.643 - Capital Repayment - 9.110.057.513 - - - 11/27/2016 11/5/2016 1.801 15. forecast.045.841 - 5/15/2016 5/5/2016 1.071.172 - - 1.573 9.793 Page 107 of 117 - - Repayment Number .110.111 - - - 8/7/2016 8/5/2016 1.110.504 16.982 23.643 9.0 Interest Only No © www.126.094.085.045.172 - - - 8/28/2016 8/5/2016 1.085.008 - - - 12/25/2016 12/5/2016 1.093 - 10/16/2016 10/5/2016 1.172 - - 9/11/2016 9/5/2016 1.126.045.057.110.576 - - 1.000 25.853 9.172 - 9/18/2016 9/5/2016 1.045.939 16.359 - 2/12/2017 2/5/2017 1.111 - 1.093 - - - 10/2/2016 10/5/2016 1.111 - - - 7/24/2016 7/5/2016 1.126.359 11 - 1.172 6 - 1.793 25.912 - - - 6/19/2016 6/5/2016 1.Example Trading (Pty) Limited Forecast .008 - 1/15/2017 1/5/2017 1.565 - - 1.071.172 - - - 1.576 - 6/12/2016 6/5/2016 1.011.714 9.219 16.000 - 3/13/2016 3/5/2016 1.793 25.071.513 - - 1.057.093 - - 1.793 25.110. forecast and cash cash flow flow1.045.028.079 16.061.982 .793 25.874 - 1.071.077.576 3 - 1.094.625 14.000 Interest Charged - 23.085. 1.061.045.874 8 - 1.077.093 7 - 1.874 - - - 10/23/2016 10/5/2016 1.874 - - - 11/6/2016 11/5/2016 1.061.110.077.912 - - 1.com Week End Date Repayment Date Opening Balance Additional Financing 2/29/2016 3/5/2016 3/6/2016 3/5/2016 1.

quarterly quarterly and and 1.418 36.000 - 500 480 20 4.358 (2.0% 39. The The report report includes includes aa detailed detailed income income statement.750 5.200 6.358 (2.4% 39.000 4.000 4.000 1.120 (120) 15.745 Page 108 of 117 (300) (4.500 - - 325 325 - - - - - - (235) - (9.833 56.4%) - 2.120 (120) (6. statement. M1.510 - 2.833 56.4% 2.0%) 1.745 - (300) (235) - .Forecast vs Actual 13 © www.750 Cost of Sales 53.200 6. All All the the calculations calculations on on this this sheet sheet are are automated automated and and no no user input is required on this sheet.150 (150) (15.000 1. user input is required on this sheet.000 15. monthly.000 2.150 (150) year-to-date year-to-date account account balances.0%) 2.418 36.225 6.4% 0.225 39.526) Gross Profit 34.5% 34.250 93.000 - - 15.com Income Statement Week 26 Forecast Actual Quarter 2 Difference Diff % Forecast Actual Difference Turnover 88. balances.642 2.0% 39.Example Trading (Pty) Limited Management Report .0%) 100 125 (25) Printing & Stationery 300 184 116 38.4% 88. cash cash flow flow statement statement and and balance balance sheet sheet and and can can be be used used to to compare compare the the monthly.510 - 2.4% 0.000 2.7%) 53.526) (4.8%) 6. 6.250 93.000 15.excel-skills.500 325 325 - - 2.0% 500 480 20 - - - - - - - Insurance - - - - - - - Legal Fees - - - - - - - Motor Vehicle Expenses - - - - - - - Postage 100 125 (25) (25.642 2.7% 300 184 116 Professional Fees - - - - - - - Rent - - - - - - - Repairs & Maintenance - - - - - - - Gross Profit % Expenses Accounting Fees Advertising & Marketing Bank Charges Cleaning Expenses Computer Expenses Consumables Electricity & Water Entertainment Equipment Hire Salaries & Wages Security Subscriptions Telephone & Fax Training On On this this sheet: sheet: This This unique unique management management report report enables enables users users to to compare compare the the actual actual account account balances balances to the forecast account balances by simply selecting the appropriate weekly period to the forecast account balances by simply selecting the appropriate weekly period from from the the list list box box in in cell cell M1.

102 16.000 - 16.Forecast vs Actual Uniforms 13 - - - Total Expenses 27.987) - - - 1.853) (5.935 28.1% (6.665) (2.935 28.Example Trading (Pty) Limited Management Report .102 Page 109 of 117 .1% (9.5%) 27.751) 1.751) 1.236) (429) (16.518) (7.518) (7.531 - Taxation (2.853) (5.987) Interest - - 1.665) (2.000 - Profit / (Loss) before Interest & Tax (9.531 - - - - - (2.1%) (2.000 16.000 16.236) (429) Profit / (Loss) for the year (6.629 (694) Depreciation 16.629 (694) - 16.

102 - 16.281) (60.278) (3.614) Page 110 of 117 .000 - (2.250) (18.8%) 14.250) (6.100) (2.102 - (2.140 5.507) (44.364) 33.665) (2.507) Adjustment for non-cash expenses: Depreciation Changes in operating assets & liabilities Inventory Receivables Payables Cash generated from operations Interest paid - - - - - - - Taxation paid (62.400) (632.236) 429 16.817) (25.688) (76.3%) (380) (2.051) (180.645) (8.278) (3.Example Trading (Pty) Limited Management Report .140 5.1% (2.288 6.645) (8.856) Net cash from operating activities (52.774 (25.0%) (52.780) (3.633 (4.236) 429 - 16.500 (788) 10.820) (52.364) Cash flows from investing activities Purchases of property.364) (16.751) - 1.000 - (380) (2.645) (8.462) (33.850) 7.7%) (3.853) - (5.100) (2.281) (60.500 (788) (10.856) (6.400) (6.8%) 7.9%) (37.0%) (52.4%) 10.461 7.848) (71.665) (2.288 6.871) (34.Forecast vs Actual 13 Week 26 Cash Flow Statement Forecast Actual Quarter 2 Difference Diff % Forecast Actual Difference Cash flows from operating activities Profit / (Loss) for the year Interest Taxation (6.853) - (5.1% - (6.633 (4.364) (16.281) (60.751) - 1.281) (60.421) (66.850) (87.421) (66.000 16. plant & equipment - - - - - - - Net cash used in investing activities - - - - - - - Proceeds from shareholders' contributions - - - - - - - Proceeds from loans - - - - - - - Repayment of loans - - - - - - - Net cash from financing activities - - - - - - - Cash flows from financing activities Increase / (Decrease) in cash equivalents Cash & cash equivalents at beginning of year Cash & cash equivalents at end of year (52.780) (2.000 16.2%) (62.645) (8.433 (10.250) 16.

Forecast vs Actual 13 Page 111 of 117 .Example Trading (Pty) Limited Management Report .

051) (180.963 Page 112 of 117 (32.058.429 9.600 2.172 1.500 386.100 8.110.058.338) (4.338) 154.1%) 872.500 1.9%) (37.266) (2.Forecast vs Actual 13 Week 26 Balance Sheet Forecast Actual Quarter 2 Difference Diff % Forecast Actual Difference Assets Property.000) Inventory 195.334 862.820) (52.215 198.045 163.393.848) (71.426.229 1.201 1.500 386.229 1.185 Receivables 377.500 1.400 3.407.215 198.3%) 1.429 9.462) (33.828) 1.110.000 (500) (33.963 (32.917 6. Plant & Equipment 872.963 (32.614) 1.045 163.512 170.700 9.426.000) (1.512 170.334 (10.834 (51.3% 377.393.871) (34.2% 160.600 Cash (18.266) .Example Trading (Pty) Limited Management Report .3%) 1.400 3.3% 154.700 9.375.6%) 1.334 862.655 6.6% 195.100 8.172 1.834 (51.372 (31.334 (10.917 1.655 Current Liabilities Payables Provision for Taxation Total Equity & Liabilities 1.426.000 (500) Current Assets Total Assets Equity & Liabilities Shareholders' Contributions Retained Earnings Long Term Loans 160.3%) 1.266) (2.229 1.393.185 1.

150 (150) 4.8%) (9.0%) - 500 480 20 - - - - - - - - - - - - - - - (15.0% (15.526) (4.200 6.0%) - - - - - - - - - - - - - - - - - - - - - - - - - (25.500 - 325 325 - - - - - - - (9.7% 300 184 116 38.418 36.7%) 53.8%) 6.833 56.358 (2.Weeks: 26 Year-to-Date Diff % Forecast Actual Difference Diff % 5.000 1.4% 0.4% 88.7%) 6.4% (4.0%) 1.120 (120) - 15.0%) 38.000 2.Report for week ending: 2 8/28/2016 YTD .225 6.745 - (300) (235) - (4.250 93.0%) 100 125 (25) (25.0% (6.5% 39.4%) - 2.4%) Page 113 of 117 .000 4.750 5.000 15.000 - 4.5% 34.0% 39.4% (6.0%) 2.510 - 2.642 2.7% - - - - - - - - - - - - - - - (4.

Report for week ending:
2

8/28/2016

YTD - Weeks:
-

-

26
-

-

(2.5%)

27,935

28,629

(694)

-

16,000

16,000

-

16.1%

(9,518)

(7,987)

-

-

-

1,531
-

(2.5%)
16.1%
-

(16.1%)

(2,665)

(2,236)

(429)

(16.1%)

16.1%

(6,853)

(5,751)

1,102

16.1%

Page 114 of 117

Report for week ending:
2

8/28/2016

YTD - Weeks:

26

Year-to-Date
Diff %

Forecast

16.1%
-

Actual

(6,853)
-

Difference

(5,751)
-

Diff %

1,102
-

16.1%
-

16.1%

(2,665)

(2,236)

429

-

16,000

16,000

-

(632.3%)

(380)

(2,780)

(2,400)

(632.3%)

(87.7%)

(3,250)

(6,100)

(2,850)

(87.7%)

(10.8%)

7,288

6,500

(788)

(10.8%)

(44.4%)

10,140

5,633

(4,507)

(44.4%)

-

-

-

-

16.1%
-

-

(6.2%)

(62,421)

(66,278)

(3,856)

(6.2%)

(16.0%)

(52,281)

(60,645)

(8,364)

(16.0%)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(16.0%)

(52,281)

(60,645)

(174.9%)

21,000

21,000

(88.8%)

(31,281)

(39,645)

(8,364)
(8,364)

(16.0%)
(26.7%)
Page 115 of 117

Report for week ending:
2

YTD - Weeks:

8/28/2016
26

Page 116 of 117

6%) 6.000 (500) (33.229 1.429 9.3% 154.1%) 1.645) (8.215 198.963 (32.045 163.058.768 1.834 (51.917 6.Weeks: 26 Year-to-Date Diff % Forecast Actual Difference Diff % (1.8%) (31.1%) 872.500 1.266) (2.6% 2.7%) (2.3%) 6.334 (10.189 (6.600 2.400 3.3% (2.364) (26.5%) (33.500 386.110.413.578) (0.3% (88.426.407.281) (39.338) (4.3% 377.185 1.2% (4.334 862.512 170.393.Report for week ending: 2 8/28/2016 YTD .3%) 1.000) (1.3%) Page 117 of 117 .6% 195.3%) 1.700 9.172 1.2% 160.6%) 1.100 8.655 6.3%) 1.