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CONFIDENTIAL

Sample StartupTipsDaily
Fiancial Plan Structure
SAMPLE BUSINESS PLAN SLOGAN

Business Plan
Prepared January 2017

Contact Information
Stan Edom
stanley.edom@startuptipsdaily.com
www.startuptipsdaily.com
STARTUPTIPSDAILY SAMPLE 1

Sample Financial Plan

Forecast
Sample Key Assumptions For An Event Booking Site

Here are some key assumptions used in preparing the business plan.

There's a 20% fee charged to what is paid the event vendors and venue owners

There's a 3% fee charged to the customer upon booking

77% of the total value of an order is reimbursed to the event center or vendor in the form of direct
cost, leaving only 23% for the company. This 23% consists of the 20% charge for the event
center or vendor booking and the 3% charged to the customer.

The revenue grows by 25% every three months starting from the 6th month of 2017. By 2019, the
revenue growth slows and maintains the values of the last three months of 2018 for 6 more
months and increases by 10% and remains the same for the last six months.

The average number of event centers that would be booked monthly between July to September
2017 would be 90. The figure increases by 25% every three months. By 2019, the revenue
growth slows and maintains the values of the last three months of 2018 for 6 more months and
increases by 10% and remains the same for the last six months.

The average cost of an event center within the first three calculated months is 100,000 Naira. The
number increases by 25% every three months. By 2019, the revenue growth slows and maintains
the values of the last three months of 2018 for 6 more months and increases by 10% and remains
the same for the last six months.

The average number of event vendors that would be booked monthly between July to September
2017 would be 90. The figure increases by 25% every three months. By 2019, the revenue
growth slows and maintains the values of the last three months of 2018 for 6 more months and
increases by 10% and remains the same for the last six months.

The average cost of an event vendor within July to September 2017 is 40,000 Naira. The number
increases by 25% every three months. By 2019, the revenue growth slows and maintains the
values of the last three months of 2018 for 6 more months and increases by 10% and remains the
same for the last six months.
STARTUPTIPSDAILY SAMPLE 2

Revenue by Month

Expenses by Month
STARTUPTIPSDAILY SAMPLE 3

Net Profit (or Loss) by Year

Financing
Use of Funds

The 5 million Naira startup capital would be used in running the daily operations of the organisation. Here
are some highlights on how the capital would be spent:

Rent would be 400,000 Naira yearly.

The utilities would cost 35,000 Naira monthly.

Web server subscription and maintenance would cost 35,000 Naira.

Transportation Cost would be pegged at 250,000 Naira monthly.

Advertising And Marketing Cost Is Pegged at 500,000 Naira Monthly, with a yearly increase of 20%.

Computer to be used in the organisation would cost a total of 550,000 Naira

The office furniture would cost 120,000 Naira.


STARTUPTIPSDAILY SAMPLE 4

Sources of Funds

We'd start up our company with a bank loan of 5 million Naira and would grow through bootstrapping,
keeping our salaries low and reinvesting our profits in the business, without taking on additional debt.

Statements
Projected Profit & Loss

2017 2018 2019


Revenue =N=204,377,618 =N=2,244,770,762 =N=4,465,514,026

Direct Costs =N=157,370,767 =N=1,728,473,487 =N=3,438,445,800

Gross Margin =N=47,006,851 =N=516,297,275 =N=1,027,068,226


Gross Margin % 23% 23% 23%
Operating Expenses
Salary =N=6,720,000 =N=7,728,000 =N=8,887,200
Employee Related Expenses =N=672,000 =N=772,800 =N=888,720
Advertising And Marketing Cost =N=6,000,000 =N=7,200,000 =N=8,640,000
Transportation Cost =N=3,000,000 =N=3,750,000 =N=4,687,500
Rent =N=400,000 =N=400,000 =N=400,000
Utilities =N=300,000 =N=300,000 =N=300,000
Web Server Subscription &
=N=420,000 =N=420,000 =N=420,000
Maintenace
Total Operating Expenses =N=17,512,000 =N=20,570,800 =N=24,223,420

Operating Income =N=29,494,851 =N=495,726,475 =N=1,002,844,806

Interest Incurred =N=608,377 =N=445,953 =N=183,286


Depreciation and Amortization =N=223,333 =N=223,334 =N=208,055
Income Taxes =N=7,165,785 =N=123,764,297 =N=250,672,047
Total Expenses =N=182,880,262 =N=1,873,477,871 =N=3,713,497,886
Net Profit =N=21,497,356 =N=371,292,891 =N=752,016,140
Net Profit / Sales 11% 17% 17%
STARTUPTIPSDAILY SAMPLE 5

Projected Balance Sheet

2017 2018 2019


Cash =N=34,585,209 =N=535,550,696 =N=1,414,576,106
Accounts Receivable =N=0 =N=0 =N=0
Inventory
Other Current Assets
Total Current Assets =N=34,585,209 =N=535,550,696 =N=1,414,576,106

Long-Term Assets =N=670,000 =N=670,000 =N=120,000


Accumulated Depreciation (=N=223,333) (=N=446,667) (=N=120,000)
Total Long-Term Assets =N=446,667 =N=223,333 =N=0

Total Assets =N=35,031,876 =N=535,774,029 =N=1,414,576,106

Accounts Payable =N=0 =N=0 =N=0


Income Taxes Payable =N=7,165,785 =N=123,764,297 =N=250,672,047
Sales Taxes Payable =N=2,666,955 =N=17,151,677 =N=18,926,502
Short-Term Debt =N=1,633,971 =N=1,896,638 =N=171,171
Prepaid Revenue =N=0 (=N=1) (=N=1)
Total Current Liabilities =N=11,466,711 =N=142,812,611 =N=269,769,719
Long-Term Debt =N=2,067,809 =N=171,171 =N=0

Total Liabilities =N=13,534,520 =N=142,983,782 =N=269,769,719

Paid-in Capital
Retained Earnings =N=21,497,356 =N=392,790,247
Earnings =N=21,497,356 =N=371,292,891 =N=752,016,140
Total Owner's Equity =N=21,497,356 =N=392,790,247 =N=1,144,806,387

Total Liabilities & Equity =N=35,031,876 =N=535,774,029 =N=1,414,576,106


STARTUPTIPSDAILY SAMPLE 6

Projected Cash Flow Statement

2017 2018 2019


Net Cash Flow from Operations
Net Profit =N=21,497,356 =N=371,292,891 =N=752,016,140
Depreciation and Amortization =N=223,333 =N=223,334 =N=208,055
Change in Accounts Receivable =N=0 =N=0 =N=0
Change in Inventory
Change in Accounts Payable =N=0 =N=0 =N=0
Change in Income Tax Payable =N=7,165,785 =N=116,598,512 =N=126,907,750
Change in Sales Tax Payable =N=2,666,955 =N=14,484,722 =N=1,774,825
Change in Prepaid Revenue =N=0 (=N=1) =N=0
Net Cash Flow from Operations =N=31,553,429 =N=502,599,458 =N=880,672,048
Investing & Financing
Assets Purchased or Sold (=N=670,000) =N=250,000
Investments Received
Change in Long-Term Debt =N=2,067,809 (=N=1,896,638) (=N=171,171)
Change in Short-Term Debt =N=1,633,971 =N=262,667 (=N=1,725,467)
Dividends & Distributions
Net Cash Flow from Investing &
=N=3,031,780 (=N=1,633,971) (=N=1,646,638)
Financing
Cash at Beginning of Period =N=0 =N=34,585,209 =N=535,550,696
Net Change in Cash =N=34,585,209 =N=500,965,487 =N=879,025,410
Cash at End of Period =N=34,585,209 =N=535,550,696 =N=1,414,576,106
STARTUPTIPSDAILY SAMPLE 7

Appendix
Profit and Loss Statement
Profit and Loss Statement (With Monthly Detail)

2017 Jan '17 Feb '17 Mar '17 Apr '17 May '17 Jun '17 Jul '17 Aug '17 Sep '17 Oct '17 Nov '17 Dec '17

=N=12,200,0 =N=20,740,0 =N=26,718,0 =N=42,503,2 =N=48,877,2 =N=53,339,0


Revenue
00 00 00 50 75 93

=N=9,394,00 =N=15,969,8 =N=20,572,8 =N=32,727,5 =N=37,635,5 =N=41,071,1


Direct Costs
0 00 60 03 02 02

Gross Margin =N=2,806,000 =N=4,770,200 =N=6,145,140 =N=9,775,747 =N=11,241,773 =N=12,267,991

Gross
23% 23% 23% 23% 23% 23%
Margin %

Operating
Expenses
Salary =N=560,000 =N=560,000 =N=560,000 =N=560,000 =N=560,000 =N=560,000 =N=560,000 =N=560,000 =N=560,000 =N=560,000 =N=560,000 =N=560,000

Employee
Related =N=56,000 =N=56,000 =N=56,000 =N=56,000 =N=56,000 =N=56,000 =N=56,000 =N=56,000 =N=56,000 =N=56,000 =N=56,000 =N=56,000
Expenses

Advertising
And Marketing =N=500,000 =N=500,000 =N=500,000 =N=500,000 =N=500,000 =N=500,000 =N=500,000 =N=500,000 =N=500,000 =N=500,000 =N=500,000 =N=500,000
Cost

Transportation
=N=250,000 =N=250,000 =N=250,000 =N=250,000 =N=250,000 =N=250,000 =N=250,000 =N=250,000 =N=250,000 =N=250,000 =N=250,000 =N=250,000
Cost

Rent =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,334 =N=33,334 =N=33,334 =N=33,334

Utilities =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000

Web Server
Subscription & =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000
Maintenace

Total
=N=1,459,33 =N=1,459,33 =N=1,459,33 =N=1,459,33 =N=1,459,33 =N=1,459,33 =N=1,459,33 =N=1,459,33 =N=1,459,33 =N=1,459,33 =N=1,459,33 =N=1,459,33
Operating
3 3 3 3 3 3 3 3 4 4 4 4
Expenses

Operating (=N=1,459,33 (=N=1,459,33 (=N=1,459,33 (=N=1,459,33 (=N=1,459,33 (=N=1,459,33 =N=1,346,66 =N=3,310,86 =N=4,685,80 =N=8,316,41 =N=9,782,43 =N=10,808,6
Income 3) 3) 3) 3) 3) 3) 7 7 6 3 9 57
STARTUPTIPSDAILY SAMPLE 8

Interest Incurred =N=62,500 =N=61,115 =N=59,712 =N=58,292 =N=56,854 =N=55,398 =N=53,924 =N=52,431 =N=50,920 =N=49,390 =N=47,841

Depreciation
and =N=18,611 =N=18,612 =N=18,610 =N=18,611 =N=18,612 =N=18,611 =N=18,610 =N=18,612 =N=18,611 =N=18,611 =N=18,612 =N=18,610
Amortization

Income Taxes =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=2,051,625 =N=2,428,609 =N=2,685,551

Total =N=1,477,94 =N=1,540,44 =N=1,539,05 =N=1,537,65 =N=1,536,23 =N=1,534,79 =N=10,927,3 =N=17,501,6 =N=22,103,2 =N=36,307,9 =N=41,591,4 =N=45,282,4
Expenses 4 5 8 6 7 8 41 69 36 93 47 38

(=N=1,477,94 (=N=1,540,44 (=N=1,539,05 (=N=1,537,65 (=N=1,536,23 (=N=1,534,79 =N=1,272,65 =N=3,238,33 =N=4,614,76 =N=6,195,25 =N=7,285,82 =N=8,056,65
Net Profit
4) 5) 8) 6) 7) 8) 9 1 4 7 8 5

Net Profit /
10% 16% 17% 15% 15% 15%
Sales
STARTUPTIPSDAILY SAMPLE 9

2018 Jan '18 Feb '18 Mar '18 Apr '18 May '18 Jun '18 Jul '18 Aug '18 Sep '18 Oct '18 Nov '18 Dec '18

=N=76,515,4 =N=83,404,5 =N=88,226,9 =N=123,761, =N=133,195, =N=139,799, =N=195,078, =N=209,308, =N=219,270, =N=305,569, =N=327,607, =N=343,033,
Revenue
56 70 48 314 508 443 279 735 055 661 243 550

=N=58,916,9 =N=64,221,5 =N=67,934,7 =N=95,296,2 =N=102,560, =N=107,645, =N=150,210, =N=161,167, =N=168,837, =N=235,288, =N=252,257, =N=264,135,
Direct Costs
01 19 50 12 541 571 275 726 942 639 577 834

Gross Margin =N=17,598,555 =N=19,183,051 =N=20,292,198 =N=28,465,102 =N=30,634,967 =N=32,153,872 =N=44,868,004 =N=48,141,009 =N=50,432,113 =N=70,281,022 =N=75,349,666 =N=78,897,716

Gross
23% 23% 23% 23% 23% 23% 23% 23% 23% 23% 23% 23%
Margin %

Operating
Expenses
Salary =N=644,000 =N=644,000 =N=644,000 =N=644,000 =N=644,000 =N=644,000 =N=644,000 =N=644,000 =N=644,000 =N=644,000 =N=644,000 =N=644,000

Employee
Related =N=64,400 =N=64,400 =N=64,400 =N=64,400 =N=64,400 =N=64,400 =N=64,400 =N=64,400 =N=64,400 =N=64,400 =N=64,400 =N=64,400
Expenses

Advertising
And Marketing =N=600,000 =N=600,000 =N=600,000 =N=600,000 =N=600,000 =N=600,000 =N=600,000 =N=600,000 =N=600,000 =N=600,000 =N=600,000 =N=600,000
Cost

Transportation
=N=312,500 =N=312,500 =N=312,500 =N=312,500 =N=312,500 =N=312,500 =N=312,500 =N=312,500 =N=312,500 =N=312,500 =N=312,500 =N=312,500
Cost

Rent =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,334 =N=33,334 =N=33,334 =N=33,334

Utilities =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000

Web Server
Subscription & =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000
Maintenace

Total
=N=1,714,23 =N=1,714,23 =N=1,714,23 =N=1,714,23 =N=1,714,23 =N=1,714,23 =N=1,714,23 =N=1,714,23 =N=1,714,23 =N=1,714,23 =N=1,714,23 =N=1,714,23
Operating
3 3 3 3 3 3 3 3 4 4 4 4
Expenses

Operating =N=15,884,3 =N=17,468,8 =N=18,577,9 =N=26,750,8 =N=28,920,7 =N=30,439,6 =N=43,153,7 =N=46,426,7 =N=48,717,8 =N=68,566,7 =N=73,635,4 =N=77,183,4
Income 22 18 65 69 34 39 71 76 79 88 32 82

Interest Incurred =N=46,272 =N=44,684 =N=43,076 =N=41,448 =N=39,799 =N=38,130 =N=36,440 =N=34,729 =N=32,997 =N=31,243 =N=29,467 =N=27,668

Depreciation
and =N=18,611 =N=18,612 =N=18,611 =N=18,610 =N=18,612 =N=18,611 =N=18,611 =N=18,612 =N=18,610 =N=18,611 =N=18,612 =N=18,611
Amortization

Income Taxes =N=3,954,860 =N=4,351,381 =N=4,629,069 =N=6,672,703 =N=7,215,581 =N=7,595,724 =N=10,774,680 =N=11,593,359 =N=12,166,568 =N=17,129,233 =N=18,396,839 =N=19,284,300

Total =N=64,650,8 =N=70,350,4 =N=74,339,7 =N=103,743, =N=111,548, =N=117,012, =N=162,754, =N=174,528, =N=182,770, =N=254,181, =N=272,416, =N=285,180,
Expenses 77 29 39 206 766 269 239 659 351 960 729 647

=N=11,864,5 =N=13,054,1 =N=13,887,2 =N=20,018,1 =N=21,646,7 =N=22,787,1 =N=32,324,0 =N=34,780,0 =N=36,499,7 =N=51,387,7 =N=55,190,5 =N=57,852,9
Net Profit
79 41 09 08 42 74 40 76 04 01 14 03
STARTUPTIPSDAILY SAMPLE 10

Net Profit /
16% 16% 16% 16% 16% 16% 17% 17% 17% 17% 17% 17%
Sales
STARTUPTIPSDAILY SAMPLE 11

2019 Jan '19 Feb '19 Mar '19 Apr '19 May '19 Jun '19 Jul '19 Aug '19 Sep '19 Oct '19 Nov '19 Dec '19

=N=353,831, =N=361,390, =N=366,682, =N=370,385, =N=372,978, =N=374,793, =N=376,063, =N=376,953, =N=377,575, =N=378,011, =N=378,316, =N=378,530,
Revenue
965 856 079 935 635 524 947 243 750 505 534 053

=N=272,450, =N=278,270, =N=282,345, =N=285,197, =N=287,193, =N=288,591, =N=289,569, =N=290,253, =N=290,733, =N=291,068, =N=291,303, =N=291,468,
Direct Costs
613 959 201 169 549 014 239 997 328 859 731 141

Gross Margin =N=81,381,352 =N=83,119,897 =N=84,336,878 =N=85,188,766 =N=85,785,086 =N=86,202,510 =N=86,494,708 =N=86,699,246 =N=86,842,422 =N=86,942,646 =N=87,012,803 =N=87,061,912

Gross
23% 23% 23% 23% 23% 23% 23% 23% 23% 23% 23% 23%
Margin %

Operating
Expenses
Salary =N=740,599 =N=740,599 =N=740,599 =N=740,599 =N=740,599 =N=740,599 =N=740,601 =N=740,601 =N=740,601 =N=740,601 =N=740,601 =N=740,601

Employee
Related =N=74,060 =N=74,060 =N=74,060 =N=74,060 =N=74,060 =N=74,060 =N=74,060 =N=74,060 =N=74,060 =N=74,060 =N=74,060 =N=74,060
Expenses

Advertising
And Marketing =N=720,000 =N=720,000 =N=720,000 =N=720,000 =N=720,000 =N=720,000 =N=720,000 =N=720,000 =N=720,000 =N=720,000 =N=720,000 =N=720,000
Cost

Transportation
=N=390,625 =N=390,625 =N=390,625 =N=390,625 =N=390,625 =N=390,625 =N=390,625 =N=390,625 =N=390,625 =N=390,625 =N=390,625 =N=390,625
Cost

Rent =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,333 =N=33,334 =N=33,334 =N=33,334 =N=33,334

Utilities =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000 =N=25,000

Web Server
Subscription & =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000 =N=35,000
Maintenace

Total
=N=2,018,61 =N=2,018,61 =N=2,018,61 =N=2,018,61 =N=2,018,61 =N=2,018,61 =N=2,018,61 =N=2,018,61 =N=2,018,62 =N=2,018,62 =N=2,018,62 =N=2,018,62
Operating
7 7 7 7 7 7 9 9 0 0 0 0
Expenses

Operating =N=79,362,7 =N=81,101,2 =N=82,318,2 =N=83,170,1 =N=83,766,4 =N=84,183,8 =N=84,476,0 =N=84,680,6 =N=84,823,8 =N=84,924,0 =N=84,994,1 =N=85,043,2
Income 35 80 61 49 69 93 89 27 02 26 83 92

Interest Incurred =N=25,848 =N=24,004 =N=22,138 =N=20,248 =N=18,334 =N=16,397 =N=14,435 =N=12,449 =N=10,438 =N=8,402 =N=6,340 =N=4,253

Depreciation
and =N=18,610 =N=18,612 =N=18,611 =N=18,611 =N=18,612 =N=18,610 =N=18,611 =N=18,612 =N=18,611 =N=18,610 =N=18,612 =N=3,333
Amortization

Income Taxes =N=19,829,570 =N=20,264,666 =N=20,569,378 =N=20,782,822 =N=20,932,381 =N=21,037,221 =N=21,110,761 =N=21,162,392 =N=21,198,688 =N=21,224,253 =N=21,242,308 =N=21,317,607

Total =N=294,343, =N=300,596, =N=304,973, =N=308,037, =N=310,181, =N=311,681, =N=312,731, =N=313,466, =N=313,979, =N=314,338, =N=314,589, =N=314,577,
Expenses 258 858 945 467 493 859 665 069 685 744 611 232

=N=59,488,7 =N=60,793,9 =N=61,708,1 =N=62,348,4 =N=62,797,1 =N=63,111,6 =N=63,332,2 =N=63,487,1 =N=63,596,0 =N=63,672,7 =N=63,726,9 =N=63,952,8
Net Profit
07 98 34 68 42 65 82 74 65 61 23 21
STARTUPTIPSDAILY SAMPLE 12

Net Profit /
17% 17% 17% 17% 17% 17% 17% 17% 17% 17% 17% 17%
Sales

2017 2018 2019

Revenue =N=204,377,618 =N=2,244,770,762 =N=4,465,514,026

Direct Costs =N=157,370,767 =N=1,728,473,487 =N=3,438,445,800

Gross Margin =N=47,006,851 =N=516,297,275 =N=1,027,068,226

Gross Margin % 23% 23% 23%

Operating Expenses
Salary =N=6,720,000 =N=7,728,000 =N=8,887,200

Employee Related Expenses =N=672,000 =N=772,800 =N=888,720

Advertising And Marketing Cost =N=6,000,000 =N=7,200,000 =N=8,640,000

Transportation Cost =N=3,000,000 =N=3,750,000 =N=4,687,500

Rent =N=400,000 =N=400,000 =N=400,000

Utilities =N=300,000 =N=300,000 =N=300,000

Web Server Subscription & Maintenace =N=420,000 =N=420,000 =N=420,000

Total Operating Expenses =N=17,512,000 =N=20,570,800 =N=24,223,420

Operating Income =N=29,494,851 =N=495,726,475 =N=1,002,844,806

Interest Incurred =N=608,377 =N=445,953 =N=183,286

Depreciation and Amortization =N=223,333 =N=223,334 =N=208,055

Income Taxes =N=7,165,785 =N=123,764,297 =N=250,672,047

Total Expenses =N=182,880,262 =N=1,873,477,871 =N=3,713,497,886

Net Profit =N=21,497,356 =N=371,292,891 =N=752,016,140

Net Profit / Sales 11% 17% 17%


STARTUPTIPSDAILY SAMPLE 13

Balance Sheet
Balance Sheet (With Monthly Detail)

2017 Jan '17 Feb '17 Mar '17 Apr '17 May '17 Jun '17 Jul '17 Aug '17 Sep '17 Oct '17 Nov '17 Dec '17
Cash =N=2,870,667 =N=1,238,007 (=N=394,653) (=N=2,027,313) (=N=3,659,973) (=N=5,292,633) (=N=3,509,293) =N=55,247 =N=4,866,626 =N=13,798,975 =N=23,726,787 =N=34,585,209

Accounts
=N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Receivable

Inventory

Other Current
Assets

Total
=N=2,870,66 =N=1,238,00 (=N=2,027,31 (=N=3,659,97 (=N=5,292,63 (=N=3,509,29 =N=4,866,62 =N=13,798,9 =N=23,726,7 =N=34,585,2
Current (=N=394,653) =N=55,247
7 7 3) 3) 3) 3) 6 75 87 09
Assets

Long-Term
=N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000
Assets

Accumulated
(=N=18,611) (=N=37,223) (=N=55,833) (=N=74,444) (=N=93,056) (=N=111,667) (=N=130,277) (=N=148,889) (=N=167,500) (=N=186,111) (=N=204,723) (=N=223,333)
Depreciation

Total Long-
=N=651,389 =N=632,777 =N=614,167 =N=595,556 =N=576,944 =N=558,333 =N=539,723 =N=521,111 =N=502,500 =N=483,889 =N=465,277 =N=446,667
Term Assets

=N=3,522,05 =N=1,870,78 (=N=1,431,75 (=N=3,083,02 (=N=4,734,30 (=N=2,969,57 =N=5,369,12 =N=14,282,8 =N=24,192,0 =N=35,031,8
Total Assets =N=219,514 =N=576,358
6 4 7) 9) 0) 0) 6 64 64 76

Accounts
=N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Payable

Income Taxes
=N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=2,051,625 =N=4,480,234 =N=7,165,785
Payable

Sales Taxes
=N=610,000 =N=1,037,000 =N=1,335,900 =N=2,125,163 =N=2,443,863 =N=2,666,955
Payable

Short-Term
=N=1,425,275 =N=1,443,091 =N=1,461,130 =N=1,479,394 =N=1,497,887 =N=1,516,611 =N=1,535,569 =N=1,554,764 =N=1,574,198 =N=1,593,875 =N=1,613,798 =N=1,633,971
Debt

Prepaid
=N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Revenue

Total
=N=1,425,27 =N=1,443,09 =N=1,461,13 =N=1,479,39 =N=1,497,88 =N=1,516,61 =N=2,145,56 =N=2,591,76 =N=2,910,09 =N=5,770,66 =N=8,537,89 =N=11,466,7
Current
5 1 0 4 7 1 9 4 8 3 5 11
Liabilities
Long-Term Debt =N=3,574,725 =N=3,446,082 =N=3,315,831 =N=3,183,952 =N=3,050,424 =N=2,915,227 =N=2,778,340 =N=2,639,742 =N=2,499,412 =N=2,357,328 =N=2,213,468 =N=2,067,809
STARTUPTIPSDAILY SAMPLE 14

Total =N=5,000,00 =N=4,889,17 =N=4,776,96 =N=4,663,34 =N=4,548,31 =N=4,431,83 =N=4,923,90 =N=5,231,50 =N=5,409,51 =N=8,127,99 =N=10,751,3 =N=13,534,5
Liabilities 0 3 1 6 1 8 9 6 0 1 63 20

Paid-in Capital

Retained
Earnings

Earnings (=N=1,477,944) (=N=3,018,389) (=N=4,557,447) (=N=6,095,103) (=N=7,631,340) (=N=9,166,138) (=N=7,893,479) (=N=4,655,148) (=N=40,384) =N=6,154,873 =N=13,440,701 =N=21,497,356

Total
(=N=1,477,94 (=N=3,018,38 (=N=4,557,44 (=N=6,095,10 (=N=7,631,34 (=N=9,166,13 (=N=7,893,47 (=N=4,655,14 =N=6,154,87 =N=13,440,7 =N=21,497,3
Owner's (=N=40,384)
4) 9) 7) 3) 0) 8) 9) 8) 3 01 56
Equity

Total
=N=3,522,05 =N=1,870,78 (=N=1,431,75 (=N=3,083,02 (=N=4,734,30 (=N=2,969,57 =N=5,369,12 =N=14,282,8 =N=24,192,0 =N=35,031,8
Liabilities & =N=219,514 =N=576,358
6 4 7) 9) 0) 0) 6 64 64 76
Equity
STARTUPTIPSDAILY SAMPLE 15

2018 Jan '18 Feb '18 Mar '18 Apr '18 May '18 Jun '18 Jul '18 Aug '18 Sep '18 Oct '18 Nov '18 Dec '18
=N=108,929,20 =N=138,148,31 =N=168,744,82 =N=214,489,21 =N=261,454,18 =N=310,496,80 =N=383,205,24 =N=457,769,22 =N=535,550,69
Cash =N=51,455,022 =N=69,094,968 =N=80,574,941
0 8 6 2 4 1 3 8 7

Accounts
=N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Receivable

Inventory

Other Current
Assets

Total
=N=51,455,0 =N=69,094,9 =N=80,574,9 =N=108,929, =N=138,148, =N=168,744, =N=214,489, =N=261,454, =N=310,496, =N=383,205, =N=457,769, =N=535,550,
Current
22 68 41 200 318 826 212 184 801 243 228 697
Assets

Long-Term
=N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000
Assets

Accumulated
(=N=241,944) (=N=260,556) (=N=279,167) (=N=297,777) (=N=316,389) (=N=335,000) (=N=353,611) (=N=372,223) (=N=390,833) (=N=409,444) (=N=428,056) (=N=446,667)
Depreciation

Total Long-
=N=428,056 =N=409,444 =N=390,833 =N=372,223 =N=353,611 =N=335,000 =N=316,389 =N=297,777 =N=279,167 =N=260,556 =N=241,944 =N=223,333
Term Assets

=N=51,883,0 =N=69,504,4 =N=80,965,7 =N=109,301, =N=138,501, =N=169,079, =N=214,805, =N=261,751, =N=310,775, =N=383,465, =N=458,011, =N=535,774,
Total Assets
78 12 74 423 929 826 601 961 968 799 172 030

Accounts
=N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Payable

Income Taxes =N=104,479,99 =N=123,764,29


=N=11,120,645 =N=15,472,026 =N=12,935,310 =N=19,608,013 =N=26,823,594 =N=34,419,318 =N=45,193,998 =N=56,787,357 =N=68,953,925 =N=86,083,158
Payable 7 7

Sales Taxes
=N=3,825,773 =N=4,170,228 =N=4,411,348 =N=6,188,065 =N=6,659,776 =N=6,989,972 =N=9,753,914 =N=10,465,437 =N=10,963,502 =N=15,278,483 =N=16,380,363 =N=17,151,677
Payable

Short-Term
=N=1,654,395 =N=1,675,075 =N=1,696,013 =N=1,717,213 =N=1,738,678 =N=1,760,411 =N=1,782,416 =N=1,804,696 =N=1,827,255 =N=1,850,096 =N=1,873,223 =N=1,896,638
Debt

Prepaid
=N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Revenue

Total
=N=16,600,8 =N=21,317,3 =N=19,042,6 =N=27,513,2 =N=35,222,0 =N=43,169,7 =N=56,730,3 =N=69,057,4 =N=81,744,6 =N=103,211, =N=122,733, =N=142,812,
Current
13 29 71 91 48 01 28 90 82 737 583 612
Liabilities
Long-Term Debt =N=1,920,330 =N=1,771,007 =N=1,619,818 =N=1,466,739 =N=1,311,746 =N=1,154,816 =N=995,924 =N=835,046 =N=672,157 =N=507,232 =N=340,245 =N=171,171

Total =N=18,521,1 =N=23,088,3 =N=20,662,4 =N=28,980,0 =N=36,533,7 =N=44,324,5 =N=57,726,2 =N=69,892,5 =N=82,416,8 =N=103,718, =N=123,073, =N=142,983,
Liabilities 43 36 89 30 94 17 52 36 39 969 828 783

Paid-in Capital

Retained
=N=21,497,356 =N=21,497,356 =N=21,497,356 =N=21,497,356 =N=21,497,356 =N=21,497,356 =N=21,497,356 =N=21,497,356 =N=21,497,356 =N=21,497,356 =N=21,497,356 =N=21,497,356
Earnings
STARTUPTIPSDAILY SAMPLE 16

=N=103,257,95 =N=135,581,99 =N=170,362,06 =N=206,861,77 =N=258,249,47 =N=313,439,98 =N=371,292,89


Earnings =N=11,864,579 =N=24,918,720 =N=38,805,929 =N=58,824,037 =N=80,470,779
3 3 9 3 4 8 1

Total
=N=33,361,9 =N=46,416,0 =N=60,303,2 =N=80,321,3 =N=101,968, =N=124,755, =N=157,079, =N=191,859, =N=228,359, =N=279,746, =N=334,937, =N=392,790,
Owner's
35 76 85 93 135 309 349 425 129 830 344 247
Equity

Total
=N=51,883,0 =N=69,504,4 =N=80,965,7 =N=109,301, =N=138,501, =N=169,079, =N=214,805, =N=261,751, =N=310,775, =N=383,465, =N=458,011, =N=535,774,
Liabilities &
78 12 74 423 929 826 601 961 968 799 172 030
Equity
STARTUPTIPSDAILY SAMPLE 17

2019 Jan '19 Feb '19 Mar '19 Apr '19 May '19 Jun '19 Jul '19 Aug '19 Sep '19 Oct '19 Nov '19 Dec '19
=N=615,280,02 =N=696,585,92 =N=655,231,12 =N=738,413,13 =N=822,135,91 =N=906,237,22 =N=990,603,50 =N=1,075,155,2 =N=1,159,836,8 =N=1,244,609,3 =N=1,329,445,4 =N=1,414,576,1
Cash
6 4 2 7 4 4 7 72 73 59 67 07

Accounts
=N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Receivable

Inventory

Other Current
Assets

Total
=N=615,280, =N=696,585, =N=655,231, =N=738,413, =N=822,135, =N=906,237, =N=990,603, =N=1,075,15 =N=1,159,83 =N=1,244,60 =N=1,329,44 =N=1,414,57
Current
026 924 122 137 914 224 507 5,272 6,873 9,359 5,467 6,107
Assets

Long-Term
=N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=670,000 =N=120,000
Assets

Accumulated
(=N=465,277) (=N=483,889) (=N=502,500) (=N=521,111) (=N=539,723) (=N=558,333) (=N=576,944) (=N=595,556) (=N=614,167) (=N=632,777) (=N=651,389) (=N=120,000)
Depreciation

Total Long-
=N=204,723 =N=186,111 =N=167,500 =N=148,889 =N=130,277 =N=111,667 =N=93,056 =N=74,444 =N=55,833 =N=37,223 =N=18,611 =N=0
Term Assets

=N=615,484, =N=696,772, =N=655,398, =N=738,562, =N=822,266, =N=906,348, =N=990,696, =N=1,075,22 =N=1,159,89 =N=1,244,64 =N=1,329,46 =N=1,414,57
Total Assets
749 035 622 026 191 891 563 9,716 2,706 6,582 4,078 6,107

Accounts
=N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Payable

Income Taxes =N=143,593,86 =N=163,858,53 =N=102,378,81 =N=123,416,03 =N=144,526,79 =N=165,689,19 =N=186,887,87 =N=208,112,13 =N=229,354,44 =N=250,672,04
=N=60,663,614 =N=81,446,436
Payable 7 3 7 8 9 1 9 2 0 7

Sales Taxes
=N=17,691,598 =N=18,069,543 =N=18,334,104 =N=18,519,297 =N=18,648,932 =N=18,739,676 =N=18,803,197 =N=18,847,662 =N=18,878,788 =N=18,900,575 =N=18,915,827 =N=18,926,502
Payable

Short-Term
=N=1,920,330 =N=1,771,007 =N=1,619,818 =N=1,466,739 =N=1,311,746 =N=1,154,816 =N=995,924 =N=835,046 =N=672,157 =N=507,232 =N=340,245 =N=171,171
Debt

Prepaid
=N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Revenue

Total
=N=163,205, =N=183,699, =N=80,617,5 =N=101,432, =N=122,339, =N=143,310, =N=164,325, =N=185,371, =N=206,438, =N=227,519, =N=248,610, =N=269,769,
Current
795 083 36 472 495 530 920 899 824 939 512 720
Liabilities
Long-Term Debt =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0

Total =N=163,205, =N=183,699, =N=80,617,5 =N=101,432, =N=122,339, =N=143,310, =N=164,325, =N=185,371, =N=206,438, =N=227,519, =N=248,610, =N=269,769,
Liabilities 795 083 36 472 495 530 920 899 824 939 512 720

Paid-in Capital

Retained =N=392,790,24 =N=392,790,24 =N=392,790,24 =N=392,790,24 =N=392,790,24 =N=392,790,24 =N=392,790,24 =N=392,790,24 =N=392,790,24 =N=392,790,24 =N=392,790,24 =N=392,790,24
Earnings 7 7 7 7 7 7 7 7 7 7 7 7
STARTUPTIPSDAILY SAMPLE 18

=N=120,282,70 =N=181,990,83 =N=244,339,30 =N=307,136,44 =N=370,248,11 =N=433,580,39 =N=497,067,57 =N=560,663,63 =N=624,336,39 =N=688,063,31 =N=752,016,14
Earnings =N=59,488,707
5 9 7 9 4 6 0 5 6 9 0

Total
=N=452,278, =N=513,072, =N=574,781, =N=637,129, =N=699,926, =N=763,038, =N=826,370, =N=889,857, =N=953,453, =N=1,017,12 =N=1,080,85 =N=1,144,80
Owner's
954 952 086 554 696 361 643 817 882 6,643 3,566 6,387
Equity

Total
=N=615,484, =N=696,772, =N=655,398, =N=738,562, =N=822,266, =N=906,348, =N=990,696, =N=1,075,22 =N=1,159,89 =N=1,244,64 =N=1,329,46 =N=1,414,57
Liabilities &
749 035 622 026 191 891 563 9,716 2,706 6,582 4,078 6,107
Equity
STARTUPTIPSDAILY SAMPLE 19

2017 2018 2019


Cash =N=34,585,209 =N=535,550,696 =N=1,414,576,106

Accounts Receivable =N=0 =N=0 =N=0

Inventory

Other Current Assets

Total Current Assets =N=34,585,209 =N=535,550,696 =N=1,414,576,106

Long-Term Assets =N=670,000 =N=670,000 =N=120,000

Accumulated Depreciation (=N=223,333) (=N=446,667) (=N=120,000)

Total Long-Term Assets =N=446,667 =N=223,333 =N=0

Total Assets =N=35,031,876 =N=535,774,029 =N=1,414,576,106

Accounts Payable =N=0 =N=0 =N=0

Income Taxes Payable =N=7,165,785 =N=123,764,297 =N=250,672,047

Sales Taxes Payable =N=2,666,955 =N=17,151,677 =N=18,926,502

Short-Term Debt =N=1,633,971 =N=1,896,638 =N=171,171

Prepaid Revenue =N=0 (=N=1) (=N=1)

Total Current Liabilities =N=11,466,711 =N=142,812,611 =N=269,769,719


Long-Term Debt =N=2,067,809 =N=171,171 =N=0

Total Liabilities =N=13,534,520 =N=142,983,782 =N=269,769,719

Paid-in Capital

Retained Earnings =N=21,497,356 =N=392,790,247

Earnings =N=21,497,356 =N=371,292,891 =N=752,016,140

Total Owner's Equity =N=21,497,356 =N=392,790,247 =N=1,144,806,387

Total Liabilities & Equity =N=35,031,876 =N=535,774,029 =N=1,414,576,106


STARTUPTIPSDAILY SAMPLE 20

Cash Flow Statement


Cash Flow Statement (With Monthly Detail)

2017 Jan '17 Feb '17 Mar '17 Apr '17 May '17 Jun '17 Jul '17 Aug '17 Sep '17 Oct '17 Nov '17 Dec '17

Net Cash
Flow from
Operations
(=N=1,477,94 (=N=1,540,44 (=N=1,539,05 (=N=1,537,65 (=N=1,536,23 (=N=1,534,79
Net Profit =N=1,272,659 =N=3,238,331 =N=4,614,764 =N=6,195,257 =N=7,285,828 =N=8,056,655
4) 5) 8) 6) 7) 8)

Depreciation
and =N=18,611 =N=18,612 =N=18,610 =N=18,611 =N=18,612 =N=18,611 =N=18,610 =N=18,612 =N=18,611 =N=18,611 =N=18,612 =N=18,610
Amortization

Change in
Accounts =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Receivable

Change in
Inventory

Change in
Accounts =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Payable

Change in
Income Tax =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=2,051,625 =N=2,428,609 =N=2,685,551
Payable

Change in
Sales Tax =N=610,000 =N=427,000 =N=298,900 =N=789,263 =N=318,700 =N=223,092
Payable

Change in
Prepaid =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Revenue

Net Cash
(=N=1,459,33 (=N=1,521,83 (=N=1,520,44 (=N=1,519,04 (=N=1,517,62 (=N=1,516,18 =N=1,901,26 =N=3,683,94 =N=4,932,27 =N=9,054,75 =N=10,051,7 =N=10,983,9
Flow from
3) 3) 8) 5) 5) 7) 9 3 5 6 49 08
Operations

Investing &
Financing
Assets
Purchased or (=N=670,000)
Sold

Investments
Received
STARTUPTIPSDAILY SAMPLE 21

Change in
Long-Term =N=3,574,725 (=N=128,643) (=N=130,251) (=N=131,879) (=N=133,528) (=N=135,197) (=N=136,887) (=N=138,598) (=N=140,330) (=N=142,084) (=N=143,860) (=N=145,659)
Debt

Change in
Short-Term =N=1,425,275 =N=17,816 =N=18,039 =N=18,264 =N=18,493 =N=18,724 =N=18,958 =N=19,195 =N=19,434 =N=19,677 =N=19,923 =N=20,173
Debt

Dividends &
Distributions

Net Cash
Flow from =N=4,330,00
(=N=110,827) (=N=112,212) (=N=113,615) (=N=115,035) (=N=116,473) (=N=117,929) (=N=119,403) (=N=120,896) (=N=122,407) (=N=123,937) (=N=125,486)
Investing & 0
Financing
Cash at
Beginning of =N=0 =N=2,870,667 =N=1,238,007 (=N=394,653) (=N=2,027,313) (=N=3,659,973) (=N=5,292,633) (=N=3,509,293) =N=55,247 =N=4,866,626 =N=13,798,975 =N=23,726,787
Period

Net Change in
=N=2,870,667 (=N=1,632,660) (=N=1,632,660) (=N=1,632,660) (=N=1,632,660) (=N=1,632,660) =N=1,783,340 =N=3,564,540 =N=4,811,379 =N=8,932,349 =N=9,927,812 =N=10,858,422
Cash

Cash at End =N=2,870,66 =N=1,238,00 (=N=2,027,31 (=N=3,659,97 (=N=5,292,63 (=N=3,509,29 =N=4,866,62 =N=13,798,9 =N=23,726,7 =N=34,585,2
(=N=394,653) =N=55,247
of Period 7 7 3) 3) 3) 3) 6 75 87 09
STARTUPTIPSDAILY SAMPLE 22

2018 Jan '18 Feb '18 Mar '18 Apr '18 May '18 Jun '18 Jul '18 Aug '18 Sep '18 Oct '18 Nov '18 Dec '18

Net Cash
Flow from
Operations
=N=11,864,57 =N=13,054,14 =N=13,887,20 =N=20,018,10 =N=21,646,74 =N=22,787,17 =N=32,324,04 =N=34,780,07 =N=36,499,70 =N=51,387,70 =N=55,190,51 =N=57,852,90
Net Profit
9 1 9 8 2 4 0 6 4 1 4 3

Depreciation
and =N=18,611 =N=18,612 =N=18,611 =N=18,610 =N=18,612 =N=18,611 =N=18,611 =N=18,612 =N=18,610 =N=18,611 =N=18,612 =N=18,611
Amortization

Change in
Accounts =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Receivable

Change in
Inventory

Change in
Accounts =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Payable

Change in
(=N=2,536,71 =N=10,774,68 =N=11,593,35 =N=12,166,56 =N=17,129,23 =N=18,396,83 =N=19,284,30
Income Tax =N=3,954,860 =N=4,351,381 =N=6,672,703 =N=7,215,581 =N=7,595,724
6) 0 9 8 3 9 0
Payable

Change in
Sales Tax =N=1,158,818 =N=344,455 =N=241,120 =N=1,776,717 =N=471,711 =N=330,196 =N=2,763,942 =N=711,523 =N=498,065 =N=4,314,981 =N=1,101,880 =N=771,314
Payable

Change in
Prepaid =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Revenue

Net Cash
=N=16,996,8 =N=17,768,5 =N=11,610,2 =N=28,486,1 =N=29,352,6 =N=30,731,7 =N=45,881,2 =N=47,103,5 =N=49,182,9 =N=72,850,5 =N=74,707,8 =N=77,927,1
Flow from
68 89 24 38 46 05 73 70 47 26 45 28
Operations

Investing &
Financing
Assets
Purchased or
Sold

Investments
Received

Change in
Long-Term (=N=147,479) (=N=149,323) (=N=151,189) (=N=153,079) (=N=154,993) (=N=156,930) (=N=158,892) (=N=160,878) (=N=162,889) (=N=164,925) (=N=166,987) (=N=169,074)
Debt

Change in
Short-Term =N=20,424 =N=20,680 =N=20,938 =N=21,200 =N=21,465 =N=21,733 =N=22,005 =N=22,280 =N=22,559 =N=22,841 =N=23,127 =N=23,415
Debt

Dividends &
Distributions
STARTUPTIPSDAILY SAMPLE 23

Net Cash
Flow from
(=N=127,055) (=N=128,643) (=N=130,251) (=N=131,879) (=N=133,528) (=N=135,197) (=N=136,887) (=N=138,598) (=N=140,330) (=N=142,084) (=N=143,860) (=N=145,659)
Investing &
Financing
Cash at
=N=108,929,20 =N=138,148,31 =N=168,744,82 =N=214,489,21 =N=261,454,18 =N=310,496,80 =N=383,205,24 =N=457,769,22
Beginning of =N=34,585,209 =N=51,455,022 =N=69,094,968 =N=80,574,941
0 8 6 2 4 1 3 8
Period

Net Change in
=N=16,869,813 =N=17,639,946 =N=11,479,973 =N=28,354,259 =N=29,219,118 =N=30,596,508 =N=45,744,386 =N=46,964,972 =N=49,042,617 =N=72,708,442 =N=74,563,985 =N=77,781,469
Cash

Cash at End =N=51,455,0 =N=69,094,9 =N=80,574,9 =N=108,929, =N=138,148, =N=168,744, =N=214,489, =N=261,454, =N=310,496, =N=383,205, =N=457,769, =N=535,550,
of Period 22 68 41 200 318 826 212 184 801 243 228 697
STARTUPTIPSDAILY SAMPLE 24

2019 Jan '19 Feb '19 Mar '19 Apr '19 May '19 Jun '19 Jul '19 Aug '19 Sep '19 Oct '19 Nov '19 Dec '19

Net Cash
Flow from
Operations
=N=59,488,70 =N=60,793,99 =N=61,708,13 =N=62,348,46 =N=62,797,14 =N=63,111,66 =N=63,332,28 =N=63,487,17 =N=63,596,06 =N=63,672,76 =N=63,726,92 =N=63,952,82
Net Profit
7 8 4 8 2 5 2 4 5 1 3 1

Depreciation
and =N=18,610 =N=18,612 =N=18,611 =N=18,611 =N=18,612 =N=18,610 =N=18,611 =N=18,612 =N=18,611 =N=18,610 =N=18,612 =N=3,333
Amortization

Change in
Accounts =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Receivable

Change in
Inventory

Change in
Accounts =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Payable

Change in
=N=19,829,57 =N=20,264,66 (=N=103,194, =N=20,782,82 =N=20,932,38 =N=21,037,22 =N=21,110,76 =N=21,162,39 =N=21,198,68 =N=21,224,25 =N=21,242,30 =N=21,317,60
Income Tax
0 6 919) 2 1 1 1 2 8 3 8 7
Payable

Change in
Sales Tax =N=539,921 =N=377,945 =N=264,561 =N=185,193 =N=129,635 =N=90,744 =N=63,521 =N=44,465 =N=31,126 =N=21,787 =N=15,252 =N=10,675
Payable

Change in
Prepaid =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Revenue

Net Cash
=N=79,876,8 =N=81,455,2 (=N=41,203,6 =N=83,335,0 =N=83,877,7 =N=84,258,2 =N=84,525,1 =N=84,712,6 =N=84,844,4 =N=84,937,4 =N=85,003,0 =N=85,049,7
Flow from
08 21 13) 94 70 40 75 43 90 11 95 14
Operations

Investing &
Financing
Assets
Purchased or =N=250,000
Sold

Investments
Received

Change in
Long-Term (=N=171,171) =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0 =N=0
Debt

Change in
Short-Term =N=23,692 (=N=149,323) (=N=151,189) (=N=153,079) (=N=154,993) (=N=156,930) (=N=158,892) (=N=160,878) (=N=162,889) (=N=164,925) (=N=166,987) (=N=169,074)
Debt

Dividends &
Distributions
STARTUPTIPSDAILY SAMPLE 25

Net Cash
Flow from
(=N=147,479) (=N=149,323) (=N=151,189) (=N=153,079) (=N=154,993) (=N=156,930) (=N=158,892) (=N=160,878) (=N=162,889) (=N=164,925) (=N=166,987) =N=80,926
Investing &
Financing
Cash at
=N=535,550,69 =N=615,280,02 =N=696,585,92 =N=655,231,12 =N=738,413,13 =N=822,135,91 =N=906,237,22 =N=990,603,50 =N=1,075,155,2 =N=1,159,836,8 =N=1,244,609,3 =N=1,329,445,4
Beginning of
7 6 4 2 7 4 4 7 72 73 59 67
Period

Net Change in (=N=41,354,802


=N=79,729,329 =N=81,305,898 =N=83,182,015 =N=83,722,777 =N=84,101,310 =N=84,366,283 =N=84,551,765 =N=84,681,601 =N=84,772,486 =N=84,836,108 =N=85,130,640
Cash )

Cash at End =N=615,280, =N=696,585, =N=655,231, =N=738,413, =N=822,135, =N=906,237, =N=990,603, =N=1,075,15 =N=1,159,83 =N=1,244,60 =N=1,329,44 =N=1,414,57
of Period 026 924 122 137 914 224 507 5,272 6,873 9,359 5,467 6,107
STARTUPTIPSDAILY SAMPLE 26

2017 2018 2019

Net Cash Flow from Operations


Net Profit =N=21,497,356 =N=371,292,891 =N=752,016,140

Depreciation and Amortization =N=223,333 =N=223,334 =N=208,055

Change in Accounts Receivable =N=0 =N=0 =N=0

Change in Inventory

Change in Accounts Payable =N=0 =N=0 =N=0

Change in Income Tax Payable =N=7,165,785 =N=116,598,512 =N=126,907,750

Change in Sales Tax Payable =N=2,666,955 =N=14,484,722 =N=1,774,825

Change in Prepaid Revenue =N=0 (=N=1) =N=0

Net Cash Flow from Operations =N=31,553,429 =N=502,599,458 =N=880,672,048

Investing & Financing


Assets Purchased or Sold (=N=670,000) =N=250,000

Investments Received

Change in Long-Term Debt =N=2,067,809 (=N=1,896,638) (=N=171,171)

Change in Short-Term Debt =N=1,633,971 =N=262,667 (=N=1,725,467)

Dividends & Distributions

Net Cash Flow from Investing & Financing =N=3,031,780 (=N=1,633,971) (=N=1,646,638)
Cash at Beginning of Period =N=0 =N=34,585,209 =N=535,550,696

Net Change in Cash =N=34,585,209 =N=500,965,487 =N=879,025,410

Cash at End of Period =N=34,585,209 =N=535,550,696 =N=1,414,576,106