Etirenity FS Revised

Etirenity
SALES BOOK
Year 3
NOT BALANCED!!! D E B I T C R E D I T
S A L E S
DATE PARTICULARS REF CASH IN BANK
Year 3 Sales 8,081,291 7,215,438
T O T A L S 8,081,291 7,215,438
QUANTITY PROJ. SALES
PROJ. QUANT.
NAME SP VAT SP INCL. VAT PRODUCED SP INCL. VAT
SOLD YR 1
PER WEEK
CHAIR
CORDUROY 2,020.00 242.00 2,262.00 12.00 429.00 970,398.00 2,352.00
LEATHER 1,850.00 222.00 2,072.00 6.00 279.00 578,088.00 2,155.00
ROPE 3,550.00 426.00 3,976.00 6.00 300.00 1,192,800.00 4,135.00
TABLE
CORDUROY 2,590.00 311.00 2,901.00 6.00 343.00 995,043.00 3,017.00
LEATHER 2,780.00 334.00 3,114.00 6.00 214.00 666,396.00 3,239.00
ROPE 4,250.00 510.00 4,760.00 12.00 579.00 2,756,040.00 4,950.00
TOTAL 7,158,765.00
PROJECTED QUANTITY PRODUCED YEAR 1-5
CORDUROY LEATHER ROPE CHAIR CORDUROY LEATHER TABLE ROPE TABLE

CHAIR CHAIR TABLE
YEAR 1 429 284 305 348 218 579 2163

YEAR 2 438 290 312 355 224 591 2210
YEAR 3 448 296 318 363 229 604 2258
YEAR 4 457 302 325 371 235 617 2307
YEAR 5 467 309 332 379 239 631 2357
PROJ. PROJ. SALES PROJ. PROJ. SALES PROJ. PROJ. SALES
QUANT. SP INCL. VAT QUANT. SP INCL. VAT QUANT.
SOLD YR 2 SOLD YR 3 SOLD YR 4
438.00 1,030,176.00 2,446.00 448.00 1,095,808.00 2,544.00 457.00 1,162,608.00

285.00 614,175.00 2,241.00 291.00 652,131.00 2,331.00 297.00 692,307.00
307.00 1,269,445.00 4,300.00 313.00 1,345,900.00 4,472.00 320.00 1,431,040.00
350.00 1,055,950.00 3,138.00 358.00 1,123,404.00 3,264.00 366.00 1,194,624.00

219.00 709,341.00 3,369.00 224.00 754,656.00 3,504.00 229.00 802,416.00
591.00 2,925,450.00 5,148.00 604.00 3,109,392.00 5,354.00 617.00 3,303,418.00
7,604,537.00 8,081,291.00 8,586,413.00
PROJECTED QUANTITY SOLD YEAR 1-5 INVENTORY/UNSOLD PRODUCTS YE

CORDUROY CORDUROY TABLE
LEATHER CHAIR ROPE CHAIR CORDUROY LEATHER TABLE ROPE TABLE
CHAIR TABLE
429 279 300 343 214 579 5

438 285 307 350 219 591 5
448 291 313 358 224 604 5
457 297 320 366 229 617 5
467 304 327 374 234 631 5
PROJ. PROJ. SALES
SP INCL. VAT QUANT.
SOLD YR 5
2,646.00 467.00 1,235,682.00

2,424.00 304.00 736,896.00
4,651.00 327.00 1,520,877.00
3,395.00 374.00 1,269,730.00

3,644.00 234.00 852,696.00
5,568.00 631.00 3,513,408.00
9,129,289.00
NTORY/UNSOLD PRODUCTS YEAR 1-5

LEATHER LEATHER ROPE CHAIR
TABLE CHAIR
5 5 5
5 5 5
5 5 5
5 5 5
5 5 5
CASH DISBURSEMENT BOOK
Pre-operating
NOT BALANCED!!! C R E D I T
ACCRUED
SSS/HDMF/PHIC PREMIUMS PAYABLE EXPENSES PAYABLE
DATE PARTICULARS PAYEE CASH IN BANK Capital
SSS HDMF PHIC OTHERS
Pre operating expenses 860,531.37

Renovation costs 1,979,888.62
Purchase of equipments and vehicle 418,190.50
Office supplies-pre ops 3,095.75
Purchase of office furnitures 17,213.00
Purchase of raw materials 60,063.00
Maintenance suppliles 403.00
T O T A L S 3,339,385.23 - - - - -
0.00 0.00

Year 1
C R E D I T
ACCRUED
SSS/HDMF/PHIC PREMIUMS PAYABLE EXPENSES
PAYABLE
SSS HDMF PHIC Salaries Payable
Year 1 Payment for CSR 2,506.00

Year 1 Safety Supplies 7,130.70
Year 1 Office supplies 5,502.75
Year 1 Payment of bookkeeper (annual reporting) 15,000.00
Year 1 Purchase of raw materials 3,599,063.92
Year 1 To record salaries expense and payable - admin 868,255.08 82,440.00 21,822.36 27,648.84
Year 1 To record salaries expense and payable - operations 530,461.75 50,640.00 12,800.64 18,620.16
Year 1 Payment of withholding tax, SSS, PHIC and HDMF 196,141.00 (121,990.00) (31,737.75) (42,413.25)
Year 1 To record rent expense and payment of excess 81,005.57
Security expense 144,000.00
Year 1 Repairs and maintenance 588.00
Year 1 Utilities - Admin 201,418.37
Year 1 Utilities - Production 127,104.76
Year 1 Advertising and promotions 5,172.00
Year 1 Taxes and licenses 21,213.33
Year 1 Payment of VAT payable 343,178.18
Payment of tax payable 185,979.32
T O T A L S 6,333,720.72 11,090.00 2,885.25 3,855.75 - -

17,831.00 0.00
1,747,570.28
Year 2
D E B I T
ACCRUED
PAYABLE

Year 2 To record salaries expense and payable 924,451.95 82,440.00 21,822.36 27,648.84 (56,196.88)
Year 2 Payment of taxes and licenses 21,213.33
Year 2 Payment of tax payable 293,639.54
Withdrawals 720,677.80 (720,677.80)
T O T A L S 7,356,800.93 - - - (56,196.88) (720,677.80)
Page 5 of 152
0.00 (56,196.88)

Year 3
D E B I T
ACCRUED
PAYABLE

Year 3 Withdrawal of partners' initial capital 933,287.97 (933,287.97)
Payment of taxes and licenses -
T O T A L S 7,814,611.01 330.00 67.41 98.12 (56,196.88) (933,287.97)
495.53 (56,196.88)

Year 4
- D E B I T
ACCRUED
PAYABLE

Year 4 Payment of bookkeeper 15,000.00
Year 4 Withdrawal of partners' initial capital 1,197,421.43 (1,197,421.43)
T O T A L S 8,217,127.05 - - - (57,422.58) (1,197,421.43)
0.00 (57,422.58)

Year 5
- - D E B I T
ACCRUED
PAYABLE
Page 6 of 152

Year 5 Payment of bookkeeper 15,000.00
Year 5 Withdrawal of partners' initial capital 1,476,971.42 (1,476,971.42)
T O T A L S 8,717,278.29 - - - (57,422.58) (1,476,971.42)
0.00 (57,422.58)
Page 7 of 152
T
PREPAID PROPERTIES & EQUIPMENTS
CASH FUNDS ACCOUNTS RECEIVABLE INVENTORY EXPENSES EQUIPMENTS
Income Tax payable FURNITURES&
REVOLVING FIXTURE Motor Vehicle OFFICE Production
TRADE AFFILIATES NON-TRADE RAW MATERIALS Rent
FUND EQUIPMENT Equipment
40,000.00 45,000.00
989,944.31
300,000.00 41,781.00 21,399.75
17,213.00
53,627.68
- 40,000.00 - - 989,944.31 53,627.68 45,000.00 17,213.00 300,000.00 41,781.00 21,399.75

40,000.00 989,944.31 53,627.68 45,000.00 1,161,759.50
T
PREPAID PROPERTIES & EQUIPMENTS
CASH FUNDS ACCOUNTS RECEIVABLE INVENTORY EXPENSES
EQUIPMENTS
Income Tax payable
FURNITURES&
REVOLVING FIXTURE Motor Vehicle OFFICE Production
FUND TRADE AFFILIATES NON-TRADE RAW MATERIALS Rent EQUIPMENT Equipment
3,213,449.93
(98,994.43)
(185,979.32)
(185,979.32) - - - (98,994.43) 3,213,449.93 - - - - -

0.00 (98,994.43) 3,213,449.93 0.00 0.00
CASH FUNDS ACCOUNTS RECEIVABLE INVENTORY PREPAID PROPERTIES & EQUIPMENTS

EXPENSES
Income Tax Payable
CHANGE FUND TRADE AFFILIATES NON-TRADE RAW MATERIALS Rent FURNITURES& OFFICE
FIXTURE EQUIPMENT
3,243,213.31
(98,994.43)
(293,639.54)
(293,639.54) - - - (98,994.43) 3,243,213.31 - - - -
Page 8 of 152
0.00 (98,994.43) 3,243,213.31 0.00 0.00
CASH FUNDS ACCOUNTS RECEIVABLE INVENTORY PREPAID PROPERTIES & EQUIPMENTS

EXPENSES
Income Tax Payable
FURNITURES& OFFICE TRANS
CHANGE FUND TRADE AFFILIATES NON-TRADE RAW MATERIALS Rent FIXTURE EQUIPMENT ERQUIPMENT
3,299,505.70
(98,994.43)
(377,200.90)
(377,200.90) - - - (98,994.43) 3,299,505.70 - - - -

0.00 (98,994.43) 3,299,505.70 0.00 0.00
T
PREPAID
CASH FUNDS ACCOUNTS RECEIVABLE INVENTORY EXPENSES PROPERTIES & EQUIPMENTS
Income Tax Payable

FURNITURES& OFFICE
CHANGE FUND TRADE AFFILIATES NON-TRADE RAW MATERIALS Rent
FIXTURE EQUIPMENT
3,265,885.32
(98,994.43)
(484,880.60)
(484,880.60) - - - (98,994.43) 3,265,885.32 - - -

0.00 (98,994.43) 3,265,885.32 0.00 0.00
T
PREPAID
CASH FUNDS ACCOUNTS RECEIVABLE INVENTORY EXPENSES PROPERTIES & EQUIPMENTS
Income Tax Payable
Page 9 of 152
Income Tax Payable
CHANGE FUND TRADE AFFILIATES NON-TRADE RAW MATERIALS Rent FURNITURES& OFFICE
FIXTURE EQUIPMENT
3,294,191.27
(98,994.43)
(603,035.97)
(603,035.97) - - - (98,994.43) 3,294,191.27 - - -

0.00 (98,994.43) 3,294,191.27 0.00 0.00
130,744.08
Page 10 of 152
QUIPMENTS SALARIES & WAGES - OPERATIONS
EQUIPMENTS RENOVATION PROFESSIONAL REGULAR / PROBATIONARIES SSS/HDMF/PHIC
LEASEHOLD COSTS FEES E COLA /
Store Equipment IMPROVEMENTS VAT BASIC OVERTIME HOLIDAY PAY ALLOWANCES SSS HDMF
726,356.00
989,944.31
55,009.75
6,435.32
55,009.75 726,356.00 989,944.31 6,435.32 - - - - - - -

9.50 6,435.32
QUIPMENTS SALARIES & WAGES
EQUIPMENTS REGULAR / PROBATIONARIES SSS/HDMF/PHIC

RENOVATION PROFESSIONAL
LEASEHOLD COSTS FEES E COLA /
Store Equipment IMPROVEMENTS VAT BASIC OVERTIME HOLIDAY PAY ALLOWANCES SSS HDMF
15,000.00
385,613.99
846,420.13 55,408.80 13,824.42
446,108.00 34,070.40 9,310.08
343,178.18
- - - 728,792.17 15,000.00 1,292,528.13 - - - 89,479.20 23,134.50

728,792.17
SALARIES & WAGES - OPERATIONS

QUIPMENTS
REGULAR / PROBATIONARIES SSS/HDMF/PHIC
PRE-OPERATING PROFESSIONAL
EXPENSES FEES E COLA /
COMPUTER ALLOWANCES
SOFTWARE & LEASEHOLD VAT BASIC OVERTIME HOLIDAY PAY SSS HDMF
DEVELOPMENT IMPROVEMENTS
389,185.60
846,420.13 55,408.80 13,824.42
446,108.00 34,070.40 9,310.08
15,000.00
421,903.75
- - - 811,089.35 15,000.00 1,292,528.13 - - - 89,479.20 23,134.50
Page 11 of 152
811,089.35

QUIPMENTS
COMPUTER LEASEHOLD ALLOWANCES
SOFTWARE & IMPROVEMENTS VAT BASIC OVERTIME HOLIDAY PAY SSS HDMF
DEVELOPMENT
395,940.68
865,705.63 56,292.00 14,226.90
455,013.60 35,841.60 9,496.32
15,000.00
466,218.11
- - - 862,158.80 15,000.00 1,320,719.23 - - - 92,133.60 23,723.22

862,158.80

QUIPMENTS
SOFTWARE & VAT BASIC OVERTIME HOLIDAY PAY SSS HDMF
IMPROVEMENTS
DEVELOPMENT
391,906.24
865,705.63 56,292.00 14,226.90
455,013.60 35,841.60 9,496.32
15,000.00
523,220.36
- - - 915,126.60 15,000.00 1,320,719.23 - - - 92,133.60 23,723.22

915,126.60

QUIPMENTS
ALLOWANCES
Page 12 of 152
SOFTWARE & VAT BASIC OVERTIME HOLIDAY PAY SSS HDMF
DEVELOPMENT IMPROVEMENTS
395,302.95
865,705.63 56,292.00 14,226.90
455,013.60 35,841.60 9,496.32
15,000.00
578,271.11
- - - 973,574.06 15,000.00 1,320,719.23 - - - 92,133.60 23,723.22

973,574.06
Page 13 of 152
C R E D I T
EMPLOYEE BENEFITS - OPERATIONS TAXES & UTILITIES
SS/HDMF/PHIC SEPARATION & LICENSES
EMPLOYEES EMPLOYEES RENT
OVERTIME HOLIDAY PAY 13TH MONTH PAY RETIREMENT MEALS
PHIC UNIFORM INCENTIVES TAXES & LICENSES POWER
BENEFITS
6,216.27
- - - - - - - - - - 6,216.27
0.00 7,210.37
D E D I T
EMPLOYEE BENEFITS TAXES &
LICENSES UTILITIES
S/HDMF/PHIC
SEPARATION & RENT
EMPLOYEES EMPLOYEES
OVERTIME HOLIDAY PAY 13TH MONTH PAY UNIFORM RETIREMENT INCENTIVES MEALS TAXES &
PHIC BENEFITS LICENSES POWER
10,911.18 73,601.75
6,400.32 112,393.75 4,240.00
180,000.00
149,963.41
127,104.76
21,213.33
17,311.50 - - 185,995.50 4,240.00 - - - 21,213.33 180,000.00 277,068.17

21,213.33 310,535.13
C R E D I T
EMPLOYEE BENEFITS - OPERATIONS
TAXES & UTILITIES
LICENSES
S/HDMF/PHIC
SEPARATION & RENT
OVERTIME HOLIDAY PAY 13TH MONTH PAY EMPLOYEES RETIREMENT EMPLOYEES OTHERS
UNIFORM INCENTIVES
PHIC BENEFITS TAXES & POWER
LICENSES
10,911.18 73,601.75
6,400.32 112,393.75
180,000.00
149,065.78
138,253.91
21,213.33
17,311.50 - - 185,995.50 - - - - 21,213.33 180,000.00 287,319.69
Page 14 of 152
21,213.33 322,024.93
C R E D I T
TAXES & UTILITIES
LICENSES
S/HDMF/PHIC
SEPARATION & RENT
OVERTIME HOLIDAY PAY 13TH MONTH PAY EMPLOYEES RETIREMENT EMPLOYEES OTHERS
UNIFORM BENEFITS INCENTIVES TAXES &
PHIC LICENSES POWER
11,187.96 75,278.75
6,528.00 114,845.15 4,410
154,581.22
143,369.31
21,213.33
180,000.00
17,715.96 - - 190,123.90 4,409.60 - - - 21,213.33 180,000.00 297,950.52

21,213.33 333,939.85
C R E D I T
TAXES &
LICENSES UTILITIES
S/HDMF/PHIC
SEPARATION & RENT
EMPLOYEES EMPLOYEES
OVERTIME HOLIDAY PAY 13TH MONTH PAY RETIREMENT OTHERS
UNIFORM INCENTIVES TAXES &
PHIC BENEFITS POWER
LICENSES
11,187.96 75,278.75
6,528.00 114,845.15
160,300.72
148,673.97
21,213.33
180,000.00
17,715.96 - - 190,123.90 - - - - 21,213.33 180,000.00 308,974.69

21,213.33 346,295.63
C R E D I T
TAXES &
LICENSES UTILITIES
S/HDMF/PHIC
SEPARATION & RENT
EMPLOYEES EMPLOYEES
OVERTIME HOLIDAY PAY 13TH MONTH PAY UNIFORM RETIREMENT INCENTIVES OTHERS
BENEFITS
Page 15 of 152
SEPARATION & RENT
EMPLOYEES EMPLOYEES
OVERTIME HOLIDAY PAY 13TH MONTH PAY UNIFORM RETIREMENT INCENTIVES OTHERS
PHIC BENEFITS TAXES & POWER
LICENSES
11,187.96 75,278.75
6,528.00 114,845.15
166,231.85
154,174.91
21,213.33
180,000.00
17,715.96 - - 190,123.90 - - - - 21,213.33 180,000.00 320,406.75

21,213.33 359,108.56
Page 16 of 152
UTILITIES COMMUNICATIONS - OPERATIONS COMMUNICATIONS - ADMIN
TRAININGS & ADVERTISING &
Capital SEMINARS PROMO
WATER LANDLINE MOBILE INTERNET POSTAGE LANDLINE MOBILE INTERNET POSTAGE
994.09 3,999.00 32,794.00 5,172.00
994.09 3,999.00 - - - - - - - - 32,794.00 5,172.00

7,210.37 3,999.00
Capital TRAININGS & ADVERTISING &

SEMINARS PROMO
33,466.96 17,988.00
5,172.00
33,466.96 17,988.00 - - - - - - - - - 5,172.00

310,535.13 17,988.00

34,705.24 18,707.52
5,378.88
34,705.24 18,707.52 - - - - - - - - - 5,378.88
Page 17 of 152
322,024.93 18,707.52
Capital TRAININGS & ADVERTISING &

SEMINARS PROMO
35,989.33 19,455.82
5,594.04
35,989.33 19,455.82 - - - - - - - - - 5,594.04

333,939.85 19,455.82

37,320.94 20,234.05
5,817.80
37,320.94 20,234.05 - - - - - - - - - 5,817.80

346,295.63 20,234.05

Page 18 of 152
38,701.81 21,043.42
6,050.51
38,701.81 21,043.42 - - - - - - - - - 6,050.51

359,108.56 21,043.42
Page 19 of 152
REPRESENTATION SUPPLIES - OPERATIONS
RESEARCH & MANAGEMENT REPAIRS AND
CSR TICKETS HO ALLOCATION SECURITY/JANITO
DEVELOPMENT REPRESENTATION MAINTENANCE
OPERATION ADMIN OFFICE SUPPLIES Safety Supplies RIAL
3,095.75
403.00
- - - - - - - 3,095.75 - 403.00 -
CSR RESEARCH & TICKETS HO ALLOCATION MANAGEMENT REPAIRS AND SECURITY/JANIT

DEVELOPMENT REPRESENTATION MAINTENANCE ORIAL
OPERATION ADMIN OFFICE SUPPLIES Safety Supplies
2,506.00
7,130.70
5,502.75
144,000.00
588.00
2,506.00 - - - - - - 5,502.75 7,130.70 588.00 144,000.00

RESEARCH & MANAGEMENT REPAIRS AND SECURITY/JANIT
CSR DEVELOPMENT TICKETS HO ALLOCATION REPRESENTATION MAINTENANCE
ORIAL
5,722.86
668.72
144,000.00
3,007.20
6,806.22
3,007.20 - - - - - - 5,722.86 6,806.22 668.72 144,000.00
Page 20 of 152
CSR RESEARCH & TICKETS HO ALLOCATION MANAGEMENT REPAIRS AND SECURITY/JANIT

DEVELOPMENT REPRESENTATION MAINTENANCE
ORIAL
5,951.77
144,000.00
695.47
3,608.64
7,466.31
3,608.64 - - - - - - 5,951.77 7,466.31 695.47 144,000.00

CSR DEVELOPMENT TICKETS HO ALLOCATION REPRESENTATION MAINTENANCE SECURITY/JANIT
ORIAL
6,189.85
144,000.00
723.29
7,164.75
4,330.37
4,330.37 - - - - - - 6,189.85 7,164.75 723.29 144,000.00

ORIAL
Page 21 of 152
ORIAL
6,437.44
144,000.00
752.22
7,859.60
5,196.44
5,196.44 - - - - - - 6,437.44 7,859.60 752.22 144,000.00
Page 22 of 152
Schedu
Schedule o
(in
DESCRIPTION QTY NO. OF KW (CAPACITY)
OFFICE
Tel/internet 1 0.17
Printer 1 0.32
Light 2 0.09
Computer Set 2 0.4
Aircondition Unit 1 2.29
OUTDOOR
Light 2 0.09
CCTV 1 0.05
STORAGE
Light 2 0.09
COMFORT ROOMS
Light 2 0.09
Exhaust Fan 2 0.17
SHOWROOM
lights 10 0.09
Ceiling fan 2 0.27
CCTV 2 0.05
PRODUCTION AREA
Lights 6 0.09
Exhaust Fan 1 0.17
Industrial Fan 2 1.2
Electric Drill 2 0.8
Tire Cutter 1 0.1
Water Dispenser 1 1.2
Total production cost
Schedule of Water Ex
ETIRENITY
Schedule of Water Exp
(in Philippine Cu
Month Consumption cu.m 11-20m3 Rate Result 21-30m3 Rate Result
January 28 22.5 225.00 25.5 510.00

February 54 22.5 225.00 25.5 510.00
March 34 22.5 225.00 25.5 510.00
April 45 22.5 225.00 25.5 510.00
May 43 22.5 225.00 25.5 510.00
June 29 22.5 225.00 25.5 510.00
July 32 22.5 225.00 25.5 510.00
August 24 22.5 225.00 25.5 510.00
September 49 22.5 225.00 25.5 510.00
October 38 22.5 225.00 25.5 510.00
November 24 22.5 225.00 25.5 510.00
December 31 22.5 225.00 25.5 510.00
Total Water Expense for year 1
TELEPHONE AND INTERN
YEAR 1
YEAR 2
YEAR 3
YEAR 4
YEAR 5
Schedule of Electricity Expense
ETIRENITY
Schedule of Electricity Expense - Year 1
(in Philippine Currency)
NO. OF NO. OF
TOTAL KW OEDC TOTAL COST HOURS DAYS
0.17 7.9 9 312

0.32 7.9 9 312
0.18 7.9 9 312
0.8 7.9 9 312
2.29 7.9 9 312
0.18 7.9 9 312

0.05 7.9 24 312
0.18 7.9 9 312
0.18 7.9 9 312

0.34 7.9 9 312
0
0.9 7.9 9 312
0.54 7.9 9 312
0.1 7.9 24 312
0.54 7.9 9 312

0.17 7.9 9 312
2.4 7.9 9 312
1.6 7.9 9 312
0.1 7.9 9 312
1.2 7.9 9 312
TOTAL ELECTRICITY EXPENSE
Schedule of Water Expense -Year 1

ETIRENITY
Schedule of Water Expense -Year 1
(in Philippine Currency)
41-50m3 51-upm3 Standing
31-40m3 Rate Result Result Result
rate rate Charge
28.85 865.50 32.25 1,290.00 36 1,008.00 77.87
28.85 865.50 32.25 1,290.00 36 1,944.00 77.87
28.85 865.50 32.25 1,290.00 36 1,224.00 77.87
28.85 865.50 32.25 1,290.00 36 1,620.00 77.87
28.85 865.50 32.25 1,290.00 36 1,548.00 77.87
28.85 865.50 32.25 1,290.00 36 1,044.00 77.87
28.85 865.50 32.25 1,290.00 36 1,152.00 77.87
28.85 865.50 32.25 1,290.00 36 864.00 77.87
28.85 865.50 32.25 1,290.00 36 1,764.00 77.87
28.85 865.50 32.25 1,290.00 36 1,368.00 77.87
28.85 865.50 32.25 1,290.00 36 864.00 77.87
28.85 865.50 32.25 1,290.00 36 1,116.00 77.87
TELEPHONE AND INTERNET
TELEPHONE AND INTERNET (SUMMARY) AMOUNT
YEAR 1 17,988.00
YEAR 2 18,707.52
YEAR 3 19,455.82
YEAR 4 20,234.05
YEAR 5 21,043.42
TOTAL COST
ELECTRICITY (SUMMARY)
3,771.14 YEAR 1
7,098.62 YEAR 2
3,992.98 YEAR 3
17,746.56 YEAR 4
50,799.53 YEAR 5
3,992.98
2,957.76
3,992.98
3,992.98
7,542.29
19,964.88
11,978.93
5,915.52
11,978.93
3,771.14
53,239.68
35,493.12
2,218.32
26,619.84
133,321.03 48%
277,068.17
TOTAL BILL Pre operationss
WATER (SUMMARY)
3,976.37 994.09
4,912.37 YEAR 1
4,192.37 YEAR 2
4,588.37 YEAR 3
4,516.37 YEAR 4
4,012.37 YEAR 5
4,120.37
3,832.37
4,732.37
4,336.37
3,832.37
4,084.37
50,142.35
Total AMOUNT Admin Production Pre ops
277,068.17 149,963.41 127,104.76 6,216.27

287,319.69 149,065.78 138,253.91
297,950.52 154,581.22 143,369.31
308,974.69 160,300.72 148,673.97
320,406.75 166,231.85 154,174.91
AMOUNT
33,466.96
34,705.24
35,989.33
37,320.94
38,701.81
MAINTENANCE SUPPLIES
PRE OPERATING
NAME QUANTITY UNIT COST PURCHASE COST
Broom and Dustpan 2 sets 85.00 170.00
Broomstick 1 25.00 25.00
Garbage Bag 2 sets 24.00 48.00
Trash Can 2 80.00 160.00
TOTAL 403.00
YEAR 1
Trash Can 1 80.00 80.00
TOTAL 588.00
YEAR 2
Trash Can 2 83.20 166.40
TOTAL 668.72
YEAR 3
Trash Can 2 86.53 173.06
TOTAL 695.47
YEAR 4
Trash Can 2 89.99 179.98
TOTAL 723.29
YEAR 5
Trash Can 2 93.59 187.18
TOTAL 752.22
OFFICE FURNITURE
For Year 1/Pre-operating Period (Php)
Item Quantity Unit Cost Purchase Cost w/ VAT
Office Table 3 3,000.00 9,000.00
Office Chair 3 999.00 2,997.00
Mono block Chair 10 190.00 1,900.00
Filling Cabinet 2 1,658.00 3,316.00
TOTAL 17,213.00
OFFICE EQUIPMENT
Office Computer 2 12,299.00 24,598.00
Printer, Scanner &
Copier 1 7,748.00 7,748.00
Office Telephone
w/ Internet 1 3,999.00 3,999.00
Air Conditioner 1 9,435.00 9,435.00
TOTAL 45,780.00
OFFICE SUPPLIES
For Pre-operating Period (Php)
Item Quantity Unit of measure Unit Cost
Ballpen 1 box 150.00
Logbook 2 pc 49.00
Glue 1 pc 48.00
Fastener 1 box 56.00
Staple Wire 2 box 28.00
Brown Envelop (lo 5 pc 5.00
Correction Tape 2 pc 20.00
Coupon Bond (long 2 ream 134.00
Coupon Bond (shor 2 ream 159.00
DTR 1 pack 15.00
Folder 5 pc 5.00
Paper Clips 1 box 12.00
Mobile Phone 1 pc 500.00
Pencil 1 box 66.00
Binder Clips 2 box 30.00
Puncher 1 pc 109.00
Clip board 2 box 40.00
Scissors 2 pc 25.00
Scotch Tape 2 pc 9.00
Sharpener 1 pc 248.00
Stapler 2 pc 82.00
Calculator 1 pc 459.75
Tape Dispenser 1 pc 48.00
Board Planner 1 pc 200.00
TOTAL
OFFICE SUPPLIES
For 1 Year Period (Php)
Item Quantity Unit of measure Unit Cost
Ballpen 3 box 150.00
Logbook 6 pc 49.00
Glue 6 pc 48.00
Fastener 4 box 56.00
Staple Wire 10 box 28.00
Brown Envelop (lo 30 pc 5.00
Correction Tape 6 pc 20.00
Coupon Bond (long 6 ream 134.00
Coupon Bond (shor 6 ream 159.00
DTR 10 pack 15.00
Folder 30 pc 5.00
Paper Clips 6 box 12.00
Mobile Phone 0 pc 500.00
Pencil 3 box 66.00
Binder Clips 6 box 30.00
Puncher 1 pc 109.00
Clip board 6 box 40.00
Scissors 2 pc 25.00
Scotch Tape 6 pc 9.00
Sharpener 0 pc 248.00
Stapler 1 pc 82.00
Calculator 1 pc 459.75
Tape Dispenser 1 pc 48.00
Board Planner 1 pc 200.00
TOTAL
VEHICLE
NHR 55 Flexi 1 300,000.00 300,000.00
TOTAL 300,000.00
STORE EQUIPMENT
Bundy Clock 1 2,799.00 2,799.00
Industrial Fan 2 5,931.00 11,862.00
Ceiling Fan 2 4,200.00 8,400.00
Cash Vault 1 1,500.00 1,500.00
CCTV 1 12,299.00 12,299.00
Generator 1 12,999.75 12,999.75
Water Dispenser 1 5,150.00 5,150.00
TOTAL 55,009.75
PRODUCTION EQUIPMENT
For Year 1/Pre-operating Periond (Php)
Items Quantity Unit Cost Purchase Cost w/ VAT
Electric Drill 2 4,200.00 8,400.00
Sewing Machine 1 7,500.00 7,500.00
Gun Tucker 2 2,300.00 4,600.00
Tool Box Set 1 899.75 899.75
TOTAL 21,399.75
ADVERTISEMENT YEAR 1/PRE-OPERATING
ITEM QUANTITY UNIT COST PURCHASE COST
FLYERS 4 packs 1,146.00 4,584.00
TARPULIN 12 pairs 49.00 588.00
TOTAL 5,172.00
ADVERTISEMENT YEAR 2
FLYERS 4 packs 1,191.84 4,767.36
TOTAL 5,378.88
FLYERS 4 packs 1,239.51 4,958.05
TOTAL 5,594.04
FLYERS 4 packs 1,289.09 5,156.38
TOTAL 5,817.80
FLYERS 4 packs 1,340.66 5,362.63
TOTAL 6,050.51
Installation
Purchase Cost w/ VAT

150.00
98.00
48.00
56.00
56.00
25.00
40.00
268.00
318.00
15.00
25.00
12.00
500.00
66.00
60.00
109.00
80.00
50.00
18.00
248.00
164.00
459.75
48.00
200.00
3,095.75
OFFICE SUPPLIES
Purchase Cost w/ VAT Year Amount
450.00 Year 2 5,722.86
294.00 Year 3 5,951.77
288.00 Year 4 6,189.85
224.00 Year 5 6,437.44
280.00
150.00
120.00
804.00
954.00
150.00
150.00
72.00
-
198.00
180.00
109.00
240.00
50.00
54.00
-
82.00
459.75
48.00
200.00
5,502.75
SAFETY SUPPLIES YEAR 1 PERMITS AND LICENCESPRE-O
ITEM QUANTITY UNIT COST PURCHASE COST BUSINESS PERMIT
Mask and Goggles 4 packs 1,146.00 4,584.00 Mayor's Permit Fee
Gloves 12 pairs 49.00 588.00 Sanitary Permit
First Aid Kit 1 458.95 458.95 ESMO Clearnce Certificate
Fire Extinguisher 1 1,499.75 1,499.75 Fire Safety Inspection
TOTAL 7,130.70 DTI Permit
Certificate of Annual Inspection
SAFETY SUPPLIES YEAR 2 SEC
ITEM QUANTITY UNIT COST PURCHASE COST Registration of Vehicles
Mask and Goggles packs 1,175.80 4,703.18 Zoning Certification Fee
Gloves 12 pairs 50.27 603.29 Zoning Inspection Fee
First Aid Kit 470.88 - BIR Permit
Fire Extinguisher 1 1,499.75 1,499.75 Official Receipt/Cash Invoice
TOTAL 6,806.22 TOTAL
SAFETY SUPPLIES YEAR 3

Mask and Goggles 4 packs 1,206.37 4,825.47
Gloves 12 pairs 51.58 618.97
First Aid Kit 1 483.13 483.13
Fire Extinguisher 1 1,538.74 1,538.74
TOTAL 7,466.31

Gloves 12 pairs 52.92 635.07
First Aid Kit 495.69 -
TOTAL 7,164.75

Gloves 12 pairs 54.30 651.58
First Aid Kit 1 508.57 508.57
TOTAL 7,859.60
E SUPPLIES
PERMITS AND LICENCESPRE-OPERATING/ YEAR 1-YEAR 5 UNIFORM PRE-OPERATING/YEAR 1
BUSINESS PERMIT ANNUAL COST ITEM QUANTITY PRICE
Mayor's Permit Fee 3,333.33 Polo Shirt 8 130
Sanitary Permit 1,666.67 T-Shirt 8 100
ESMO Clearnce Certificate 300.00 Print 16 150
Fire Safety Inspection 333.33 TOTAL
DTI Permit 500.00
Certificate of Annual Inspection 380.00 UNIFORM YEAR 3
SEC 6,000.00 ITEM QUANTITY PRICE
Registration of Vehicles 3,900.00 Polo Shirt 8 135.20
Zoning Certification Fee 150.00 T-Shirt 8 104.00
Zoning Inspection Fee 150.00 Print 16 156.00
BIR Permit 500.00 TOTAL
Official Receipt/Cash Invoice 4,000.00 OTHER EXPENSE-CSR
TOTAL 21,213.33 YEAR AMOUNT
YEAR 1 2,506.00
YEAR 2 3,007.20
YEAR 3 3,608.64
YEAR 4 4,330.37
YEAR 5 5,196.44
ERATING/YEAR 1 PREPAID RENT - PRE OPERATING
TOTAL COST AMOUNT
1040 One Month Advance 15,000.00
800 One Month Deposit 15,000.00
2400 Monthly Rent 15,000.00
4,240.00 TOTAL 45,000.00
YEAR 3 RENT FOR YEAR 1-YEAR 5

TOTAL COST Monthly 15,000.00
1,081.60 Yearly 180,000.00
832.00 TOTAL 180,000.00
2,496.00
4,409.60 RENT-FOH
ENSE-CSR Monthly 5,823.00
Yearly 69,876.00
TOTAL 69,876.00
TRAINING EXPENSE - PRE-OPERATING
POSITION Daily Salary # of Days TOTAL AMOUNT
General Manager 550 7 3,850.00
Production Manager 500 7 3,500.00
Production Woker (4) 373 7 10,444.00
Trainor 7 15,000.00
TOTAL 32,794.00
No. of Position Monthly salary Total Salary/ Year 1-2 Philhealth
Workers
ER
1 General manager 14,300.00 171,600.00 196.63
1 Production Manager 13,000.00 156,000.00 178.75
1 Bookkeeper 13,943.75 167,325.00 191.73
1 Sales Associate 10,400.00 124,800.00 143.00
1 Security Guard 12,000.00 144,000.00
1 Driver/Porter 9,958.00 119,496.00 199.16
Total 73,601.75 883,221.00 10,911.18
Emp. Ben- Admin 80,144.40 21,822.36
4 Production Worker 9,698.00 465,504.00 533.36
Total 112,393.75 1,348,725.00 6,400.32
Emp. Ben- Operations 49,780.80 12,800.64
Position Monthly salary Total Salary/ Year 3-Year 5 Philhealth
ER
1 General manager 15,015.00 180,180.00 206.46
1 Production Manager 13,650.00 163,800.00 187.69
1 Bookkeeper 13,943.75 167,325.00 191.73
1 Sales Associate 10,712.00 128,544.00 147.29
1 Security Guard 12,000.00 144,000.00
1 Driver/Porter 9,958.00 119,496.00 199.16
Total 75,278.75 903,345.00 11,187.96
Emp.Ben-Admin 81,706.86 22,375.92
4 Production Worker 9,891.96 474,796.80 544.00
Total 114,846.59 1,378,141.80 6,528.00
Emp.Ben-Operations 51,865.92 13,056.00
Philhealth SSS PAGIBIG
EE ER EE EC ER EE
196.63 1,068.20 526.80 10.00 286.00 286.00
178.75 957.70 472.30 10.00 260.00 260.00
191.73 1,031.30 508.70 10.00 278.88 278.88
143.00 773.50 381.50 10.00 208.00 208.00
199.16 736.70 363.30 10.00 119.16 119.16

10,911.18 54,808.80 27,031.20 600.00 13,824.42 13,824.42
21,822.36 82,440.00 27,648.84
533.36 2,799.20 1,380.80 40.00 775.84 775.84
6,400.32 33,590.40 16,569.60 480.00 9,310.08 9,310.08
12,800.64 50,640.00 18,620.16
Philhealth SSS PAGIBIG
EE ER EE EC ER EE
206.46 1,105.00 545.00 10.00 300.30 300.30
187.69 994.50 490.50 10.00 273.00 273.00
191.73 1,031.30 508.70 10.00 278.88 278.88
147.29 773.50 381.50 10.00 214.24 214.24
199.16 736.70 363.30 10.00 119.16 119.16

11,187.96 55,692.00 27,468.00 600.00 14,226.90 14,226.90
22,375.92 83,760.00 28,453.80
544.00 2,946.80 1,453.20 40.00 791.36 791.36
6,528.00 35,361.60 17,438.40 480.00 9,496.32 9,496.32
13,056.00 53,280.00 18,992.64
GENERAL JOURNAL
YEAR 1
DATE PARTICULARS REF
Year 1 Direct materials used

Year 1 Depreciation
Year 1 Provision for income tax

Year 1 Distribution of net income to partners capital
Year 1 To accrue salaries -Admin

Year 1 To accrue salaries - Operations
Year 1 To record year end FG inventory
T O T A L S
GENERAL JOURNAL
YEAR 2
- -

Year 2 Depreciation
Year 2 Distribution of net income to partners capital
Year 2 To accrue salaries-admin

T O T A L S
GENERAL JOURNAL
YEAR 3
- -

Year 3 Depreciation
Distribution of net income to partners capital
To record WIP
Year 3 To accrue salaries - admin
T O T A L S
GENERAL JOURNAL
YEAR 4
- -

Year 4 Depreciation
To record WIP
T O T A L S
GENERAL JOURNAL
YEAR 5
- -

Year 5 Depreciation

To record WIP
T O T A L S
JANUARY JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
ALL
ACCOUNTS
RECEIVABLE INVENTORY PREPAID EXPENSES
RENOVATION COSTS
NON-TRADE Raw Materials FINISH GOODS TAXES & LICENSES OTHERS
(2,903,316.79)
22,641.36
- (2,903,316.79) 22,641.36 - - -
0.00 (2,903,316.79) 22,641.36
ACCOUNTS
PRE-OPERATING
EXPENSES
NON-TRADE MERCHANDISE FINISH GOODS TAXES & LICENSES OTHERS
(3,090,869.73) (22,641.36)
46,443.64
- (3,090,869.73) 23,802.28 - - -
0.00 (3,090,869.73) 23,802.28
ACCOUNTS
PRE-OPERATING
EXPENSES
NON-TRADE MERCHANDISE FINISH GOODS TAXES & LICENSES OTHERS
(3,157,404.80) (46,443.64)
588.62
70,245.92
- (3,157,404.80) 24,390.90 - - -
0.00 (3,157,404.80) 24,390.90
ACCOUNTS
PRE-OPERATING
EXPENSES
NON-TRADE FINISH GOODS TAXES & LICENSES OTHERS
MERCHANDISE
(3,222,011.15) (70,245.92)
95,209.13
-
- (3,222,011.15) 24,963.21 - - -
0.00 (3,222,011.15) 24,963.21
ACCOUNTS
PRE-OPERATING
EXPENSES
NON-TRADE FINISH GOODS TAXES & LICENSES OTHERS
MERCHANDISE
(3,290,511.34) (95,209.13)
119,011.42
- (3,290,511.34) 23,802.28 - - -
0.00 (3,290,511.34) 23,802.28
PROPERTIES & EQUIPMENTS
Raw Materials EQUIPMENTS

used FURNITURES& LEASEHOLD
FIXTURE COMPUTER SOFTWARE & IMPROVEMENTS
OFFICE EQUIPMENT DEVELOPMENT
2,903,316.79
130,744.08
(22,641.36)
2,880,675.43 - - - - 130,744.08
130,744.08

Raw Materials
used FURNITURES& OFFICE EQUIPMENT COMPUTER SOFTWARE & LEASEHOLD
FIXTURE DEVELOPMENT IMPROVEMENTS
3,113,511.09
130,744.08
(46,443.64)
3,067,067.45 - - - - 130,744.08
130,744.08

Raw Materials
3,203,848.44
130,744.08
(588.62)
(70,245.92)
3,133,013.90 - - - 130,744.08
130,744.08

Raw Materials
3,292,257.08
(95,209.13)
130,744.08
-
3,197,047.94 - - - 130,744.08
130,744.08

Raw Materials
3,385,720.47
(119,011.42)
130,744.08
3,266,709.06 - - - 130,744.08
130,744.08
DEPRECIATION'AMORTIZATION
FURNITURE & Production

Motor vehicle OFFICE EQUIPMENT Store Equipment Renovations
FIXTURE Equipments
3,098.34 54,000.00 7,520.58 3,176.96 8,448.28 98,994.43
3,098.34 54,000.00 7,520.58 3,176.96 8,448.28 98,994.43

175,238.58
FURNITURE & Kitchen Small

FIXTURE Equipments
3,098.34 54,000.00 7,520.58 3,176.96 8,448.28 98,994.43

3,098.34 54,000.00 7,520.58 3,176.96 8,448.28 98,994.43
175,238.58

FIXTURE Equipments
3,098.34 54,000.00 7,520.58 3,176.96 8,448.28 98,994.43
3,098.34 54,000.00 7,520.58 3,176.96 8,448.28 98,994.43

175,238.58

FIXTURE Equipments
3,098.34 54,000.00 7,520.58 3,176.96 8,448.28 98,994.43

3,098.34 54,000.00 7,520.58 3,176.96 8,448.28 98,994.43
175,238.58
FURNITURE & Production

FIXTURE Equipments
3,098.34 54,000.00 7,520.58 3,176.96 8,448.28 98,994.43
3,098.34 54,000.00 7,520.58 3,176.96 8,448.28 98,994.43

175,238.58
SUPPLIES - OPERATIONS
UTILITIES
AMORTIZATION
RENT EXPENSE EXPENSES
OFFICE SUPPLIES CLEANING SUPPLIES
POWER WATER
- - - - - -
0.00 0.00
UTILITIES
AMORTIZATION
RENT EXPENSE EXPENSE
POWER WATER
- - - - - -
0.00 0.00
12,529.08
UTILITIES
AMORTIZATION
POWER WATER
- - - - - -
0.00 0.00
UTILITIES
AMORTIZATION
POWER WATER
- - - - - -
0.00 0.00
UTILITIES
AMORTIZATION
POWER WATER
- - - - - -
0.00 0.00
SUPPLIES - OPERATIONS TAXES & LICENSES
COMMUNICATIONS - OPERATI
MAINTENANCE
PRINTED FORMS TAXES & LICENSES PERMITS / LICENSES OTHERS
SUPPLIES
LANDLINE
- - - - - -
0.00 0.00 0.00

MAINTENANCE
SUPPLIES
LANDLINE
- - - - - -
0.00 0.00 0.00

MAINTENANCE
SUPPLIES
LANDLINE
- - - - - -
0.00 0.00 0.00

MAINTENANCE
SUPPLIES
LANDLINE
- - - - - -
0.00 0.00 0.00

MAINTENANCE
SUPPLIES
LANDLINE
- - - - - -
0.00 0.00 0.00
SALARIES & WA
COMMUNICATIONS - OPERATIONS
SECURITY / REGULAR / PROBATIONARIES
JANITORIAL
MOBILE INTERNET POSTAGE BASIC OVERTIME
36,800.88
19,396.00
- - - - 56,196.88 -
0.00
SALARIES & WA
JANITORIAL
36,800.88
19,396.00
- - - - 56,196.88 -
0.00
SALARIES & WA
JANITORIAL
37,639.38
19,783.20
- - - - 57,422.58 -
0.00
SALARIES & WA
JANITORIAL
37,639.38
19,783.20
- - - - 57,422.58 -
0.00
SALARIES & WA
JANITORIAL
37,639.38
19,783.20
- - - - 57,422.58 -
0.00
ROBATIONARIES CONTRACTED MANPOWER SERVICES REGULAR / PROBATIONARIES
HOLIDAY PAY BASIC OVERTIME HOLIDAY PAY BASIC
- - - - -


- - - - -

- - - - -


- - - - -

- - - - -
SALARIES & WAGES - ADMIN
REGULAR / PROBATIONARIES CONTRACTED MANPOWER SERVICES
OVERTIME HOLIDAY PAY BASIC OVERTIME HOLIDAY PAY
- - - - -


- - - - -

- - - - -


- - - - -

- - - - -
SSS/HDMF/PHIC
E COLA / OVERTIME HOLIDAY PAY
ALLOWANCES
SSS HDMF PHIC
- - - - - -
0.00

SSS/HDMF/PHIC
ALLOWANCES SSS HDMF PHIC
- - - - - -
0.00

SSS/HDMF/PHIC
- - - - - -
0.00

SSS/HDMF/PHIC
- - - - - -
0.00

SSS/HDMF/PHIC
- - - - - -
0.00
NEFITS - OPERATIONS
SEPARATION & REPAIRS &

13TH MONTH EMPLOYEES EMPLOYEES MAINTENANCE
RETIREMENT OTHERS
PAY UNIFORM INCENTIVES
BENEFITS
- - - - - -
0.00
NEFITS - OPERATIONS
RETIREMENT OTHERS
BENEFITS
- - - - - -
0.00
NEFITS - OPERATIONS
RETIREMENT OTHERS
BENEFITS
- - - - - -
0.00
NEFITS - OPERATIONS
RETIREMENT OTHERS
BENEFITS
- - - - - -
0.00
NEFITS - OPERATIONS
RETIREMENT MEALS
BENEFITS
- - - - - -
0.00
ACCUMULATED DEPRECIATION/AMOR
LOSS ON PROVISION FOR INCOME

ADS & PROMO
SPOILAGE TAX FURNITURES& Motor vehicle OFFICE EQUIPMENT
FIXTURE
3,098.34 54,000.00 7,520.58
247,972.43
- - 247,972.43 3,098.34 54,000.00 7,520.58

175,238.58

ADS & PROMO
FIXTURE
3,098.34 54,000.00 7,520.58

308,861.91
- - 308,861.91 3,098.34 54,000.00 7,520.58
175,238.58

ADS & PROMO
FIXTURE
3,098.34 54,000.00 7,520.58

399,980.56
- - 399,980.56 3,098.34 54,000.00 7,520.58

175,238.58

ADS & PROMO
FIXTURE
3,098.34 54,000.00 7,520.58

513,180.61
- - 513,180.61 3,098.34 54,000.00 7,520.58

175,238.58

ADS & PROMO
FIXTURE
3,098.34 54,000.00 7,520.58

632,987.75
- - 632,987.75 3,098.34 54,000.00 7,520.58

175,238.58
UMULATED DEPRECIATION/AMORTIZATION
LEASEHOLD
Production IMPROVEMENTS Net income
Store Equipment Renovations
Equipments
3,176.96 8,448.28 98,994.43 130,744.08
(578,602.33)
3,176.96 8,448.28 98,994.43 130,744.08 (578,602.33)

175,238.58
LEASEHOLD
Production COMPUTER SOFTWARE IMPROVEMENTS Net income
Renovations
EQUIPMENTS AND DEVELOPMENT
3,176.96 8,448.28 98,994.43 130,744.08
(720,677.80)
3,176.96 8,448.28 98,994.43 130,744.08 (720,677.80)
175,238.58
LEASEHOLD
Renovations
3,176.96 8,448.28 98,994.43 130,744.08
(933,287.97)
3,176.96 8,448.28 98,994.43 130,744.08 (933,287.97)

175,238.58
LEASEHOLD
COMPUTER IMPROVEMENTS Net income
SOFTWARE AND Store Equipment Renovations
DEVELOPMENT
3,176.96 8,448.28 98,994.43 130,744.08

(1,197,421.43)
3,176.96 8,448.28 98,994.43 130,744.08 (1,197,421.43)

175,238.58
LEASEHOLD
Renovations
3,176.96 8,448.28 98,994.43 130,744.08
(1,476,971.42)
3,176.96 8,448.28 98,994.43 130,744.08 (1,476,971.42)

175,238.58
ACCRUED SSS, HDMF, PHIC PREMIUMS PAYABLE
EXPENSES PAYABLE
INCOME TAX
Capital PAYABLE
SALARIES PAYABLE SSS HDMF PHIC
247,972.43
578,602.33
36,800.88
19,396.00
578,602.33 247,972.43 56,196.88 - - -

56,196.88

INCOME TAX EXPENSES PAYABLE
Capital PAYABLE
308,861.91
720,677.80
36,800.88
19,396.00
720,677.80 308,861.91 56,196.88 - - -
56,196.88

Capital PAYABLE
399,980.56
933,287.97
37,639.38
19,783.20
933,287.97 399,980.56 57,422.58 - - -

57,422.58

Capital PAYABLE
513,180.61
1,197,421.43
37,639.38
19,783.20
1,197,421.43 513,180.61 57,422.58 - - -

57,422.58

Capital PAYABLE
632,987.75
1,476,971.42
37,639.38
19,783.20
1,476,971.42 632,987.75 57,422.58 - - -

57,422.58
WITHHOLDING TAX PAYABLE
VAT PAYABLE 1601E 1601F
- - -
0.00
1601C 1601E 1601F

- - -
0.00
1601C 1601E 1601F
- - -
0.00
1601C 1601E 1601F

- - -
0.00
1601C 1601E 1601F
- - -
0.00
ASSET Unit Cost of Asset Life Span Salvage Valu Depreciable Cos Equipment
Office Equipment
Computer 12,299.00 5.00 1,229.90 11,069.10 2.00
Printer 7,748.00 5.00 774.80 6,973.20 1.00
Aircon 9,435.00 5.00 943.50 8,491.50 1.00
29,482.00
Total
Office Furnitures
Office Table 3,000.00 5.00 300.00 2,700.00 3.00
Office Chair 999.00 5.00 99.90 899.10 3.00
Filling Cabinet 1,658.00 5.00 165.80 1,492.20 2.00
Mono Block 190.00 5.00 19.00 171.00 10.00
5,847.00
Total
Store Equipments
Bundy Clock 2,799.00 5.00 279.90 2,519.10 1.00
Cash Vault 1,500.00 3.00 150.00 1,350.00 1.00
CCTV 12,299.00 5.00 1,229.90 11,069.10 1.00
Water Dispenser 5,150.00 10.00 515.00 4,635.00 1.00
Industrial Fan 5,931.00 5.00 593.10 5,337.90 2.00
Ceiling Fan 4,200.00 5.00 420.00 3,780.00 2.00
Generator 12,999.75 10.00 1,299.98 11,699.78 1.00
44,878.75
Total
Production equipment
Electric Drill 4,200.00 5.00 420.00 3,780.00 2.00
Sewing Machine 7,500.00 10.00 750.00 6,750.00 1.00
Gun Tucker 2,300.00 5.00 230.00 2,070.00 2.00
Tool Box Set 899.75 5.00 89.98 809.78 1.00
Total
Vehicle
Van 300,000.00 5.00 30,000.00 270,000.00 1.00
Grand Tota
Leasehold Improvements
Interior Design 90,000.00 5.00 9,000.00 81,000.00 1.00
Signage 10,000.00 5.00 1,000.00 9,000.00 1.00
Plumbing 396,356.00 5.00 39,635.60 356,720.40 1.00
Electrical 80,000.00 5.00 8,000.00 72,000.00 1.00
Preparation of site 150,000.00 5.00 15,000.00 135,000.00 1.00
726,356.00
Total
Pre-operating expenses
Building renovation (50:50 agr 1,979,888.62 10.00 1,979,888.62 1.00
Total
Cost of Asset Total Depreciable Cost 1st Year 2nd Year 3rd Year 4th Year
24,598.00 22,138.20 4,427.64 4,427.64 4,427.64 4,427.64

7,748.00 6,973.20 1,394.64 1,394.64 1,394.64 1,394.64
9,435.00 8,491.50 1,698.30 1,698.30 1,698.30 1,698.30
41,781.00 37,602.90 7,520.58 7,520.58 7,520.58 7,520.58
9,000.00 8,100.00 1,620.00 1,620.00 1,620.00 1,620.00

2,997.00 2,697.30 539.46 539.46 539.46 539.46
3,316.00 2,984.40 596.88 596.88 596.88 596.88
1,900.00 1,710.00 342.00 342.00 342.00 342.00
17,213.00 15,491.70 3,098.34 3,098.34 3,098.34 3,098.34
2,799.00 2,519.10 503.82 503.82 503.82 503.82

1,500.00 1,350.00 450.00 450.00 450.00 450.00
12,299.00 11,069.10 2,213.82 2,213.82 2,213.82 2,213.82
5,150.00 4,635.00 463.50 463.50 463.50 463.50
11,862.00 10,675.80 2,135.16 2,135.16 2,135.16 2,135.16
8,400.00 7,560.00 1,512.00 1,512.00 1,512.00 1,512.00
12,999.75 11,699.78 1,169.98 1,169.98 1,169.98 1,169.98
55,009.75 49,508.78 8,448.28 8,448.28 8,448.28 8,448.28
8,400.00 7,560.00 1,512.00 1,512.00 1,512.00 1,512.00

7,500.00 6,750.00 675.00 675.00 675.00 675.00
4,600.00 4,140.00 828.00 828.00 828.00 828.00
899.75 809.78 161.96 161.96 161.96 161.96
21,399.75 19,259.78 3,176.96 3,176.96 3,176.96 3,176.96
300,000.00 270,000.00 54,000.00 54,000.00 54,000.00 54,000.00
435,403.50 391,863.15 76,244.15 76,244.15 76,244.15 76,244.15
90,000.00 81,000.00 16,200.00 16,200.00 16,200.00 16,200.00

10,000.00 9,000.00 1,800.00 1,800.00 1,800.00 1,800.00
396,356.00 356,720.40 71,344.08 71,344.08 71,344.08 71,344.08
80,000.00 72,000.00 14,400.00 14,400.00 14,400.00 14,400.00
150,000.00 135,000.00 27,000.00 27,000.00 27,000.00 27,000.00
726,356.00 653,720.40 130,744.08 130,744.08 130,744.08 130,744.08
1,979,888.62 1,979,888.62 98,994.43 98,994.43 98,994.43 98,994.43

1,979,888.62 1,979,888.62 98,994.43 98,994.43 98,994.43 98,994.43
5th Year
4,427.64
1,394.64
1,698.30
7,520.58
1,620.00
539.46
596.88
342.00
3,098.34
503.82
450.00
2,213.82
463.50
2,135.16
1,512.00
1,169.98
8,448.28
1,512.00
675.00
828.00
161.96
3,176.96
54,000.00
76,244.15
16,200.00
1,800.00
71,344.08
14,400.00
27,000.00
130,744.08
98,994.43
98,994.43
Tiling works 70,000.00
Interior design estimated cost 90,000.00 LI
Electrical cost estimated cost 80,000.00 LI
Plumbing 396,356.00 LI
Artificial ventilation cost 20,000.00
Signage 10,000.00 LI
Landscape design cost 15,000.00
Site preparation 150,000.00 LI
Total Material Cost 1,436,653.87
Ishi:
Total material Cost 1,436,653.87 Agreed to divide equally the total costs bet
Labor Cost 25 % 359,163.47 and lessor. Lessor's monthly amortization w
against the lessee's monthly rental expens
Total 1,795,817.34 amortization over the rent expense will be
Contingencies 5% 89,790.87 the lessee on a monthly basis.
Total 1,885,608.21
Mobilization/Demob 5% 94,280.41
Total Project cost 1,979,888.62
989,944.31
LEASEHOLD IMPROVEMENTS
INTERIOR DESIGN
ELECTRICAL(AIRCON AND OTHER UTILITIES)
PLUMBING WORKS
SIGNAGE
PREPARATION OF SITE
TOTAL COST
:
eed to divide equally the total costs between the lessee
lessor. Lessor's monthly amortization will be offset
inst the lessee's monthly rental expense. Any excess
ortization over the rent expense will be paid by lessor to
lessee on a monthly basis.
RENOVATION COSTS
Lessor Rental Excess (payable to lessor)
90,000.00 Year 1 98,994.43 180,000.00 81,005.57
80,000.00 Year 2 98,994.43 180,000.00 81,005.57
396,356.00 Year 3 98,994.43 180,000.00 81,005.57
10,000.00 Year 4 98,994.43 180,000.00 81,005.57
150,000.00 Year 5 98,994.43 180,000.00 81,005.57
726,356.00
CASH RECEIPTS BOOK
Pre operaions
D E B CI R T E D I T
ACCOUNTS
RECEIVABLE
DATE PARTICULARS REF CASH IN BANK Capital
NON-TRADE
1-Jan Capital investment 3,600,000.00 3,600,000.00
TOTALS 3,600,000.00 - 3,600,000.00

0.00
CASH RECEIPTS BOOK

Year 1
D E B CI R T E D I T
ACCOUNTS
RECEIVABLE
NON-TRADE
TOTALS - - -
0.00
CASH RECEIPTS BOOK

Year 2
- D- E B CI R T E D I T
ACCOUNTS
RECEIVABLE
NON-TRADE
TOTALS - - -
0.00
CASH RECEIPTS BOOK

Year 3
- - C R E D I T
ACCOUNTS
RECEIVABLE
NON-TRADE
TOTALS - - -
0.00
CASH RECEIPTS BOOK

Year 4
- - C R E D I T
ACCOUNTS
RECEIVABLE
NON-TRADE
TOTALS - - -
0.00
CASH RECEIPTS BOOK

Year 5
- - C R E D I T
ACCOUNTS
RECEIVABLE
NON-TRADE
TOTALS - - -
0.00
JANUARY JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
ALL
ETIRENITY
TRIAL BALANCE
YEAR 1
-
ACCOUNT TITLES DEBIT CREDIT
Cash on hand
Cash in bank 825,044.28
Cash in bank 825,044.28
Cash funds -
Revolving Fund -
Accounts receivable (98,994.43)
Non-Trade (98,994.43)
Prepaid expenses -
Rent -
Inventory 332,774.49
Raw Materials 310,133.14
Finish Goods 22,641.36
Work in progress -
Renovation costs -
Properties and Equipments -
Furnitures and fixtures -
Motor vehicle -
Office equipment -
Production Equipments -
Store Equipments -
Leasehold improvements -
Salaries Payable 56,196.88
SSS/HDMF/PHIC premiums payable 17,831.00
SSS 11,090.00
HDMF 2,885.25
PHIC 3,855.75
Accumulated depreciation 76,244.15
Accum depr - Furniture and fixtures 3,098.34
Accum depr - Service Vehicle 54,000.00
Accum depr - Office equipment 7,520.58
Accum depr - Production Equipments 3,176.96
Accum depr - Store Equipments 8,448.28
Accum depr - Renovations 98,994.43
Accum Depr - Leasehold Improvements 130,744.08
Income tax payable 61,993.11
Capital 578,602.33
Sales 6,391,754.46
Cash sales 6,391,754.46
VAT Payable 38,218.37
Net income (578,602.33)

Direct Materials used 2,880,675.43
Salaries and wages 1,348,725.00
Regular / Probationaries 1,348,725.00
Gross salary - Admin 883,221.00
Gross salary - Operations 465,504.00
Holiday pay -
Employee benefits - Operations 320,160.70
E COLA / Allowances -
SSS, HDMF, PHIC contributions 129,925.20
Overtime -
Holiday pay -
13th month pay 185,995.50
Employees unform 4,240.00
Rent 180,000.00
Taxes and licenses 21,213.33
Taxes 21,213.33
ACCOUNT TITLES DEBIT CREDIT
Utilities - Admin 183,430.37
Power 149,963.41
Water 33,466.96
Utilities - Operations 127,104.76
Communications - Operations 17,988.00
Landline/Internet 17,988.00
Safety Supplies 7,130.70
Trainings and seminars -
Advertising and promotions 5,172.00
Provision for income tax 247,972.43
Supplies expense - Operations 5,502.75
Office supplies 5,502.75
Cleaning supplies
Printed forms -
Maintenance supplies -
Repairs and maintenance 588.00
Depreciation/Amortization 302,805.71
Depr - Furniture and fixtures 3,098.34
Depr - Service Vehicle 54,000.00
Depr - Office equipment 7,520.58
Depr - Store Equipment 8,448.28
Depr - Production equipments 3,176.96
Depr - Renovations 98,994.43
Depr - Leasehold Improvements 130,744.08
Security / janitorial 144,000.00
Professional fee 15,000.00
CSR 2,506.00
Garbage fee -
T O T A L 6,871,976.48 6,871,976.48
Estimated purchases unit cost total cost
Actual
used
materials unit (1week) weekly monthly Pre ops
tire pc 49 49 196 42 35.00 1,820.00
rope roll 180 180 720 180 50.00 16,150.00
plyboard 24" pc 49 49 196 42 60.00 3,120.00
plyboard 16.5" pc. 49 49 196 42 40.00 2,080.00
bunfeet 6" pc. 98 98 392 96 25.00 2,600.00
bunfeet 10" pc. 98 98 392 96 36.00 3,744.00
staple wire box 20 20 80 21 30.00 637.50
screw pc 390 390 1560 336 1.50 624.00
rugby bottle 35 35 140 33 75.00 2,714.79
spray paint bottle 20 20 80 18 100.00 2,080.00
stopper pc 95 95 380 96 11.00 1,144.00
varnish mahogany bottle 36 36 144 35 36.00 1,368.00
varnish natural bottle 3 3 10.56 8 36.00 95.04
glass pc 25 25 100 21 350.00 9,100.00
foam 1" sheet 18 18 71 15 900.00 15,975.00
foam 1/2" sheet 25 25 99 20 150.00 3,712.50
gina cloth yard 90 90 360 73 18.00 1,620.00
Curdoroy yard 28 28 112 24 180.00 5,130.00
Leather yard 28 28 112 17 120.00 2,520.00
total 1215
Total net of vat
Est.
Purchases for purchases
pre-ops 12mos YR1 (units) YR1 (total cost) YR2 YR2 (units)
1,470.00 2,352.00 2,202.00 77,070.00 2,375.52 2,376
9,000.00 8,640.00 15,140.00 757,000.00 8,726.40 15,426
2,520.00 2,352.00 2,352.00 141,120.00 2,375.52 2,376
1,680.00 2,352.00 2,352.00 94,080.00 2,375.52 2,376
2,400.00 4,704.00 4,704.00 117,600.00 4,751.04 4,751
3,456.00 4,704.00 4,704.00 169,344.00 4,751.04 4,751
630.00 960.00 960.00 28,800.00 969.60 970
504.00 18,720.00 18,720.00 28,080.00 18,907.20 18,907
2,475.00 1,680.00 1,680.00 126,000.00 1,696.80 1,722
1,800.00 960.00 960.00 96,000.00 969.60 970
1,056.00 4,560.00 4,560.00 50,160.00 4,605.60 4,706
1,260.00 1,728.00 1,758.00 63,288.00 1,745.28 1,820
288.00 126.72 126.72 4,561.92 127.99 128
7,350.00 1,200.00 1,200.00 420,000.00 1,212.00 1,212
13,500.00 852.00 852.00 766,800.00 860.52 711
3,000.00 1,188.00 1,188.00 178,200.00 1,199.88 1,200
1,314.00 4,320.00 4,320.00 77,760.00 4,363.20 4,363
4,320.00 1,344.00 1,344.00 241,920.00 1,357.44 1,357
2,040.00 1,344.00 1,344.00 161,280.00 1,357.44 1,157
60,063.00 70,466.72 3,599,063.92 74,672.93
53,627.68 3,213,449.93
Est. purchases Est. purchases
YR2 (total cost) YR3 YR3 (units) YR3 (total cost) YR4 YR4 (units)
86,468.93 2,399.28 2,399 87,333.62 2,423.27 2,423
802,172.80 8,813.66 15,814 822,310.53 8,901.80 16,202
148,232.45 2,399.28 2,399 149,714.77 2,423.27 2,423
98,821.63 2,399.28 2,399 99,809.85 2,423.27 2,423
123,527.04 4,798.55 4,799 124,762.31 4,846.54 4,847
177,878.94 4,798.55 4,799 179,657.73 4,846.54 4,847
30,251.52 979.30 979 30,554.04 989.09 989
29,495.23 19,096.27 19,096 29,790.18 19,287.23 19,287
134,300.40 1,713.77 1,774 138,353.90 1,730.91 1,811
100,838.40 979.30 979 101,846.78 989.09 989
53,832.06 4,651.66 4,822 55,159.74 4,698.17 4,938
68,151.28 1,762.73 1,863 69,740.72 1,780.36 1,900
4,791.84 129.27 129 4,839.76 130.56 131
441,168.00 1,224.12 1,224 445,579.68 1,236.36 1,236
665,046.72 869.13 769 719,901.19 877.82 778
187,181.28 1,211.88 1,112 173,453.09 1,224.00 1,224
81,679.10 4,406.83 4,407 82,495.90 4,450.90 4,451
254,112.77 1,371.01 1,450 271,440.00 1,493.50 1,094
144,448.51 1,371.01 871 108,702.60 1,384.72 585
3,632,398.91 72,083.85 3,695,446.38 72,577.39
3,243,213.31 3,299,505.70
Est.
purchases
YR4 (total cost) YR5 YR5 (units) YR5 (total cost)
88,206.95 2,447.50 2,358 85,813.02
842,493.63 8,990.82 16,291 847,122.57
151,211.92 2,447.50 2,448 152,724.04
100,807.95 2,447.50 2,448 101,816.03
126,009.93 4,895.00 4,895 127,270.03
181,454.30 4,895.00 4,935 184,766.45
30,859.58 998.98 999 31,168.17
30,088.09 19,480.11 19,480 30,388.97
141,250.64 1,748.21 1,828 142,600.75
102,865.25 998.98 999 103,893.90
56,492.69 4,745.15 5,045 57,716.57
71,149.48 1,833.77 1,934 72,400.38
4,888.16 131.87 132 4,937.04
450,035.48 1,248.72 1,249 454,535.83
728,036.20 886.59 767 717,532.56
190,943.62 1,236.24 936 146,053.06
83,320.85 4,495.41 2,495 46,714.06
204,703.20 1,508.44 1,508 282,379.03
72,973.62 1,398.57 799 99,661.76
3,657,791.56 71,544.37 3,689,494.22
3,265,885.32 3,294,191.27
Estimated purchases
pre-ops
materials unit weekly monthly Pre ops unit cost (3weeks)
tire pc 52 208 42 35.00 1,470.00
rope roll 323 1292 306 50.00 15,300.00
plyboard 24" pc 52 208 42 60.00 2,520.00
plyboard 16.5" pc. 52 208 42 40.00 1,680.00
bunfeet 6" pc. 104 416 96 25.00 2,400.00
bunfeet 10" pc. 104 416 96 36.00 3,456.00
staple wire box 21 85 21 30.00 630.00
screw pc 416 1664 336 1.50 504.00
rugby (350ML) bottle 36 145 33 75.00 2,475.00
spray paint (300ML) bottle 21 83.2 18 100.00 1,800.00
stopper pc 104 416 96 11.00 1,056.00
varnish mahogany (350ML) bottle 38 152 35 36.00 1,260.00
varnish natural (350ML) bottle 3 11 7.92 36.00 285.12
glass pc 26 104 21 350.00 7,350.00
foam 1" sheet 18 71 15 900.00 13,500.00
foam 1/2" sheet 25 99 20 150.00 3,000.00
gina cloth yard 90 360 73 18.00 1,314.00
Curdoroy yard 29 114 24 180.00 4,320.00
Leather yard 21 84 17 120.00 2,040.00
total 66,360.12
Weekly
Products output
Chair - Rope 6.00
Chair - Corduroy 12.00
Chair - Leather 6.00
Table - Rope 12.00

Table - Corduroy 6.00
Table - Leather 6.00
Total Total
FG Materials FG Materials
Chair - produced used per Chair - produced used per Chair -
Rope per week week Unit costs Curdoroy per week week Unit costs Leather
1.00 7.00 7.00 35.00 1.00 12.00 12.00 35.00 1.00
17.00 7.00 119.00 850.00
1.00 7.00 7.00 60.00 1.00 12.00 12.00 60.00 1.00
1.00 7.00 7.00 40.00 1.00 12.00 12.00 40.00 1.00
4.00 7.00 28.00 100.00 4.00 12.00 48.00 100.00 4.00
0.25 7.00 1.75 7.50 0.50 12.00 6.00 15.00 0.50

8.00 7.00 56.00 12.00 8.00 12.00 96.00 12.00 8.00
1.50 7.00 10.50 112.50 0.05 12.00 0.62 3.86 0.05
0.40 7.00 2.80 40.00 0.40 12.00 4.80 40.00 0.40
2.00 7.00 14.00 72.00

0.08 12.00 0.96 2.88 0.08
0.25 7.00 1.75 225.00 0.50 12.00 6.00 450.00 0.50

0.75 12.00 9.00 112.50 0.75
2.00 7.00 14.00 36.00 2.00 12.00 24.00 36.00
1.50 12.00 18.00 270.00
1.50
1,590.00 1,177.24
588.62
Units of materials used per product
Total Total
FG Materials FG Materials FG
produced used per Table - produced used per Table - produced
per week week Unit costs Rope per week week Unit costs Curdoroy per week
7.00 7.00 35.00 1.00 12.00 12.00 35.00 1.00 7.00
17.00 12.00 204.00 850.00
7.00 7.00 60.00 1.00 12.00 12.00 60.00 1.00 7.00
7.00 7.00 40.00 1.00 12.00 12.00 40.00 1.00 7.00
7.00 28.00 100.00
4.00 12.00 48.00 144.00 4.00 7.00
7.00 3.50 15.00 0.25 12.00 3.00 7.50 0.50 7.00
7.00 56.00 12.00 8.00 12.00 96.00 12.00 8.00 7.00
7.00 0.36 3.86 2.00 12.00 24.00 150.00 0.05 7.00
7.00 2.80 40.00 0.40 12.00 4.80 40.00 0.40 7.00
4.00 12.00 48.00 44.00 4.00 7.00
2.00 12.00 24.00 72.00
7.00 0.56 2.88 0.08 7.00
1.00 12.00 12.00 350.00 1.00 7.00
7.00 3.50 450.00 0.25 12.00 3.00 225.00 0.25 7.00
7.00 5.25 112.50 0.75 7.00
2.00 12.00 24.00 36.00 2.00 7.00
1.50 7.00
7.00 10.50 180.00
1,051.24 2,065.50
Total Total
Materials FG Materials
used per Table - produced used per
week Unit costs Leather per week week Unit costs Total
7.00 35.00 1.00 7.00 7.00 35.00 52.00
323.00
7.00 60.00 1.00 7.00 7.00 60.00 52.00
7.00 40.00 1.00 7.00 7.00 40.00 52.00
104.00
28.00 144.00 4.00 7.00 28.00 144.00 104.00
3.50 15.00 0.50 7.00 3.50 15.00 21.25
56.00 12.00 8.00 7.00 56.00 12.00 416.00
0.36 3.86 0.05 7.00 0.36 3.86 36.20
2.80 40.00 0.40 7.00 2.80 40.00 20.80
28.00 44.00 4.00 7.00 28.00 44.00 104.00
38.00
0.56 2.88 0.08 7.00 0.56 2.88 2.64
7.00 350.00 1.00 7.00 7.00 350.00 26.00
1.75 225.00 0.25 7.00 1.75 225.00 17.75
5.25 112.50 0.75 7.00 5.25 112.50 24.75
14.00 36.00 2.00 7.00 14.00 36.00 90.00
10.50 270.00 28.50
1.50 7.00 10.50 180.00 21.00
1,390.24 1,300.24
Estimated
purchases unit cost
3 weeks Purchases Purchases (Pre-

materials unit weekly pre ops (Pre-ops) ops)
tire pc 52 156 35.00 42.00 1,470.00
rope roll 323 969 50.00 180.00 9,000.00
plyboard 24" pc 52 156 60.00 42.00 2,520.00
plyboard 16.5" pc. 52 156 40.00 42.00 1,680.00
bunfeet 6" pc. 104 312 25.00 96.00 2,400.00
bunfeet 10" pc. 104 312 36.00 96.00 3,456.00
staple wire box 21 64 30.00 21.00 630.00
screw pc 416 1248 1.50 336.00 504.00
rugby (350ML) bottle 36 109 75.00 33.00 2,475.00
spray paint (300ML) bottle 21 62 100.00 18.00 1,800.00
stopper pc 104 312 11.00 96.00 1,056.00
varnish mahogany (350ML) bottle 38 114 36.00 35.00 1,260.00
varnish natural (350ML) bottle 3 8 36.00 8.00 288.00
glass pc 26 78 350.00 21.00 7,350.00
foam 1" sheet 18 53 900.00 15.00 13,500.00
foam 1/2" sheet 25 74 150.00 20.00 3,000.00
gina cloth yard 90 270 18.00 73.00 1,314.00
Curdoroy yard 29 86 180.00 24.00 4,320.00
Leather yard 21 63 120.00 17.00 2,040.00
total 60,063.00
53,627.68
Estimated
purchases unit cost
3 weeks Beginning Beginning

materials unit weekly pre ops Balance balance
tire pc 52 156 35.00 81.00 2,835.00
rope roll 323 969 50.00 292.00 14,600.00
plyboard 24" pc 52 156 60.00 231.00 13,860.00
plyboard 16.5" pc. 52 156 40.00 231.00 9,240.00
bunfeet 6" pc. 104 312 25.00 728.00 18,200.00
bunfeet 10" pc. 104 312 36.00 220.00 7,920.00
staple wire box 21 64 30.00 120.50 3,615.00
screw pc 416 1248 1.50 1,752.00 2,628.00
rugby (350ML) bottle 36 109 75.00 31.72 2,379.21
stopper pc 104 312 11.00 76.00 836.00
varnish mahogany (350ML) bottle 38 114 36.00 25.00 900.00
varnish natural (350ML) bottle 3 8 36.00 32.40 1,166.40
glass pc 26 78 350.00 76.00 26,600.00
foam 1" sheet 18 53 900.00 148.00 133,200.00
foam 1/2" sheet 25 74 150.00 248.75 37,312.50
gina cloth yard 90 270 18.00 635.00 11,430.00
Curdoroy yard 29 86 180.00 202.50 36,450.00
Leather yard 21 63 120.00 608.00 72,960.00
total 407,412.11
Estimated
purchases unit cost

tire pc 52 156 35.00 246.52 8,628.20
rope roll 323 969 50.00 367.40 18,370.00
plyboard 24" pc 52 156 60.00 396.52 23,791.20
plyboard 16.5" pc. 52 156 40.00 396.52 15,860.80
bunfeet 6" pc. 104 312 25.00 1,319.04 32,976.00
bunfeet 10" pc. 104 312 36.00 291.04 10,477.44
staple wire box 21 64 30.00 210.85 6,325.50
screw pc 416 1248 1.50 2,979.20 4,468.80
rugby (350ML) bottle 36 109 75.00 36.31 2,722.93
stopper pc 104 312 11.00 101.60 1,117.60
glass pc 26 78 350.00 118.00 41,300.00
foam 1" sheet 18 53 900.00 124.02 111,618.00
foam 1/2" sheet 25 74 150.00 468.38 70,257.00
gina cloth yard 90 270 18.00 1,158.20 20,847.60
Curdoroy yard 29 86 180.00 370.44 66,679.20
Leather yard 21 63 120.00 994.44 119,332.80
total 578,036.93
Estimated
purchases unit cost

tire pc 52 156 35.00 387.80 13,572.83
rope roll 323 969 50.00 507.06 25,353.20
plyboard 24" pc 52 156 60.00 537.80 32,267.71
plyboard 16.5" pc. 52 156 40.00 537.80 21,511.81
bunfeet 6" pc. 104 312 25.00 1,869.59 46,739.76
bunfeet 10" pc. 104 312 36.00 305.59 11,001.25
staple wire box 21 64 30.00 291.65 8,749.38
screw pc 416 1248 1.50 4,011.47 6,017.21
rugby (350ML) bottle 36 109 75.00 56.37 4,227.39
stopper pc 104 312 11.00 139.26 1,531.82
glass pc 26 78 350.00 146.12 51,142.00
foam 1" sheet 18 53 900.00 142.65 128,380.68
foam 1/2" sheet 25 74 150.00 578.26 86,738.82
gina cloth yard 90 270 18.00 1,641.03 29,538.58
Curdoroy yard 29 86 180.00 603.94 108,709.20
Leather yard 21 63 120.00 1,077.95 129,354.53
total 737,189.93
Estimated
purchases unit cost

tire pc 52 156 35.00 504.06 17,642.21
rope roll 323 969 50.00 694.86 34,743.23
plyboard 24" pc 52 156 60.00 654.06 39,243.79
plyboard 16.5" pc. 52 156 40.00 654.06 26,162.53
bunfeet 6" pc. 104 312 25.00 2,380.13 59,503.16
bunfeet 10" pc. 104 312 36.00 260.13 9,364.55
staple wire box 21 64 30.00 362.73 10,882.05
screw pc 416 1248 1.50 4,842.71 7,264.06
rugby (350ML) bottle 36 109 75.00 75.57 5,667.81
stopper pc 104 312 11.00 185.43 2,039.71
glass pc 26 78 350.00 159.48 55,818.42
foam 1" sheet 18 53 900.00 153.96 138,565.49
foam 1/2" sheet 25 74 150.00 778.51 116,775.96
gina cloth yard 90 270 18.00 2,081.93 37,474.78
Curdoroy yard 29 86 180.00 455.44 81,979.20
Leather yard 21 63 120.00 857.18 102,861.47
total 786,329.00
Total Raw Materials Available for
Purchases YR 1 Use
Total
Units Materials
Units Costs Units Costs Chair - Rope produced used
2,202 77,070.00 2,244.00 78,540.00 1.00 305.00 305.00
15,140 757,000.00 15,320.00 766,000.00 17.00 305.00 5,185.00
2,352 141,120.00 2,394.00 143,640.00 1.00 305.00 305.00
2,352 94,080.00 2,394.00 95,760.00 1.00 305.00 305.00
4,704 117,600.00 4,800.00 120,000.00 4.00 305.00 1,220.00
4,704 169,344.00 4,800.00 172,800.00
960 28,800.00 981.00 29,430.00 0.25 305.00 76.25
18,720 28,080.00 19,056.00 28,584.00 8.00 305.00 2,440.00
1,680 126,000.00 1,713.00 128,475.00 1.50 305.00 457.50
960 96,000.00 978.00 97,800.00 0.40 305.00 122.00
4,560 50,160.00 4,656.00 51,216.00
1,758 63,288.00 1,793.00 64,548.00 2.00 305.00 610.00
127 4,561.92 134.72 4,849.92
1,200 420,000.00 1,221.00 427,350.00
852 766,800.00 867.00 780,300.00 0.25 305.00 76.25
1,188 178,200.00 1,208.00 181,200.00
4,320 77,760.00 4,393.00 79,074.00 2.00 305.00 610.00
1,344 241,920.00 1,368.00 246,240.00
1,344 161,280.00 1,361.00 163,320.00
70,466.72 3,599,063.92 71,681.72 3,659,126.92 11,712.00
Purchases YR 2 Total Raw Materials Available for

Use
Total
Units Materials
2,376 86,468.93 2,456.52 85,978.20 1.00 312.00 312.00
15,426 802,172.80 15,718.40 785,920.00 17.00 312.00 5,304.00
2,376 148,232.45 2,606.52 156,391.20 1.00 312.00 312.00
2,376 98,821.63 2,606.52 104,260.80 1.00 312.00 312.00
4,751 123,527.04 5,479.04 136,976.00 4.00 312.00 1,248.00
4,751 177,878.94 4,971.04 178,957.44
970 30,251.52 1,090.10 32,703.00 0.25 312.00 78.00
18,907 29,495.23 20,659.20 30,988.80 8.00 312.00 2,496.00
1,722 134,300.40 1,753.52 131,514.21 1.50 312.00 468.00
970 100,838.40 1,082.40 108,240.00 0.40 312.00 124.80
4,706 53,832.06 4,781.60 52,597.60
1,820 68,151.28 1,845.28 66,430.08 2.00 312.00 624.00
128 4,791.84 160.39 5,773.94
1,212 441,168.00 1,288.00 450,800.00
711 665,046.72 858.52 772,668.00 0.25 312.00 78.00
1,200 187,181.28 1,448.63 217,294.50
4,363 81,679.10 4,998.20 89,967.60 2.00 312.00 624.00
1,357 254,112.77 1,559.94 280,789.20
1,157 144,448.51 1,765.44 211,852.80
71,277.59 3,632,398.91 77,129.26 3,900,103.37 11,980.80

Purchases YR 3 Use
Total
Units Materials
2,399 87,333.62 2,645.80 92,602.83 1.00 318.00 318.00
15,814 822,310.53 16,181.06 809,053.20 17.00 318.00 5,406.00
2,399 149,714.77 2,795.80 167,747.71 1.00 318.00 318.00
2,399 99,809.85 2,795.80 111,831.81 1.00 318.00 318.00
4,799 124,762.31 6,117.59 152,939.76 4.00 318.00 1,272.00
4,799 179,657.73 5,089.59 183,225.25
979 30,554.04 1,190.15 35,704.38 0.25 318.00 79.50
19,096 29,790.18 22,075.47 33,113.21 8.00 318.00 2,544.00
1,774 138,353.90 1,810.07 135,755.53 1.50 318.00 477.00
979 101,846.78 1,177.70 117,769.60 0.40 318.00 127.20
4,822 55,159.74 4,923.26 54,155.82
1,863 69,740.72 1,902.01 68,472.46 2.00 318.00 636.00
129 4,839.76 185.09 6,663.39
1,224 445,579.68 1,342.12 469,742.00
769 719,901.19 893.15 803,830.68 0.25 318.00 79.50
1,112 173,453.09 1,580.26 237,038.82
4,407 82,495.90 5,565.03 100,170.58 2.00 318.00 636.00
1,450 271,440.00 1,820.44 327,679.20
871 108,702.60 1,865.45 223,854.53
72,083.85 3,695,446.38 81,955.83 4,131,350.76 12,211.20
Purchases YR 4 Total Raw Materials Available for

Use
Total
Units Materials
2,423 88,206.95 2,811.06 98,387.21 1.00 325.00 325.00
16,202 842,493.63 16,708.86 835,443.23 17.00 325.00 5,525.00
2,423 151,211.92 2,961.06 177,663.79 1.00 325.00 325.00
2,423 100,807.95 2,961.06 118,442.53 1.00 325.00 325.00
4,847 126,009.93 6,716.13 167,903.16 4.00 325.00 1,300.00
4,847 181,454.30 5,152.13 185,476.55
989 30,859.58 1,280.73 38,422.05 0.25 325.00 81.25
19,287 30,088.09 23,298.71 34,948.06 8.00 325.00 2,600.00
1,811 141,250.64 1,867.27 140,045.31 1.50 325.00 487.50
989 102,865.25 1,263.58 126,358.50 0.40 325.00 130.00
4,938 56,492.69 5,077.43 55,851.71
1,900 71,149.48 1,958.37 70,501.43 2.00 325.00 650.00
131 4,888.16 208.77 7,515.86
1,236 450,035.48 1,382.48 483,868.42
778 728,036.20 920.46 828,415.49 0.25 325.00 81.25
1,224 190,943.62 1,802.26 270,338.46
4,451 83,320.85 6,091.93 109,654.78 2.00 325.00 650.00
1,094 204,703.20 1,697.44 305,539.20
585 72,973.62 1,662.68 199,521.47
72,577.39 3,657,791.56 85,822.43 4,254,297.20 12,480.00

Purchases YR 5 Use
Total
Units Materials
2,358 85,813.02 2,861.56 100,154.73 1.00 332.00 332.00
16,291 847,122.57 16,985.68 849,284.16 17.00 332.00 5,644.00
2,448 152,724.04 3,101.56 186,093.83 1.00 332.00 332.00
2,448 101,816.03 3,101.56 124,062.55 1.00 332.00 332.00
4,895 127,270.03 7,275.13 181,878.19 4.00 332.00 1,328.00
4,935 184,766.45 5,195.13 187,024.59
999 31,168.17 1,361.71 40,851.44 0.25 332.00 83.00
19,480 30,388.97 24,322.81 36,484.22 8.00 332.00 2,656.00
1,828 142,600.75 1,903.79 142,783.92 1.50 332.00 498.00
999 103,893.90 1,339.76 133,976.48 0.40 332.00 132.80
5,045 57,716.57 5,230.58 57,536.41
1,934 72,400.38 2,008.14 72,293.18 2.00 332.00 664.00
132 4,937.04 231.44 8,331.82
1,249 454,535.83 1,408.21 492,872.10
767 717,532.56 920.56 828,500.64 0.25 332.00 83.00
936 146,053.06 1,714.74 257,211.59
2,495 46,714.06 4,577.34 82,392.15 2.00 332.00 664.00
1,508 282,379.03 1,963.88 353,497.50
799 99,661.76 1,655.75 198,690.09
71,544.37 3,689,494.22 87,159.35 4,333,919.60 12,748.80
Total Raw Materials used per product fo
Total Total
Units Materials Units Materials
Chair - Curdoroy produced used Chair - Leather produced used Table - Rope
1.00 429.00 429.00 1.00 284.00 284.00 1.00
17.00
1.00 429.00 429.00 1.00 284.00 284.00 1.00
1.00 429.00 429.00 1.00 284.00 284.00 1.00
4.00 429.00 1,716.00 4.00 284.00 1,136.00
4.00
0.50 429.00 214.50 0.50 284.00 142.00 0.25
8.00 429.00 3,432.00 8.00 284.00 2,272.00 8.00
0.05 429.00 22.06 0.05 284.00 14.61 2.00
0.40 429.00 171.60 0.40 284.00 113.60 0.40
4.00
2.00
0.08 429.00 34.32 0.08 284.00 22.72
1.00
0.50 429.00 214.50 0.50 284.00 142.00 0.25
0.75 429.00 321.75 0.75 284.00 213.00
2.00 429.00 858.00 2.00
1.50 429.00 643.50
1.50 284.00 426.00
8,915.23 5,333.93
Total Total
1.00 438.00 438.00 1.00 290.00 290.00 1.00
17.00
1.00 438.00 438.00 1.00 290.00 290.00 1.00
1.00 438.00 438.00 1.00 290.00 290.00 1.00
4.00 438.00 1,752.00 4.00 290.00 1,160.00
4.00
0.50 438.00 219.00 0.50 290.00 145.00 0.25
8.00 438.00 3,504.00 8.00 290.00 2,320.00 8.00
0.05 438.00 22.53 0.05 290.00 14.91 2.00
0.40 438.00 175.20 0.40 290.00 116.00 0.40
4.00
2.00
0.08 438.00 35.04 0.08 290.00 23.20
1.00
0.50 438.00 219.00 0.50 290.00 145.00 0.25
0.75 438.00 328.50 0.75 290.00 217.50
2.00 438.00 876.00 2.00
1.50 438.00 657.00
1.50 290.00 435.00
9,102.27 5,446.61
Total Total
1.00 448.00 448.00 1.00 296.00 296.00 1.00
17.00
1.00 448.00 448.00 1.00 296.00 296.00 1.00
1.00 448.00 448.00 1.00 296.00 296.00 1.00
4.00 448.00 1,792.00 4.00 296.00 1,184.00
4.00
0.50 448.00 224.00 0.50 296.00 148.00 0.25
8.00 448.00 3,584.00 8.00 296.00 2,368.00 8.00
0.05 448.00 23.04 0.05 296.00 15.22 2.00
0.40 448.00 179.20 0.40 296.00 118.40 0.40
4.00
2.00
0.08 448.00 35.84 0.08 296.00 23.68
1.00
0.50 448.00 224.00 0.50 296.00 148.00 0.25
0.75 448.00 336.00 0.75 296.00 222.00
2.00 448.00 896.00 2.00
1.50 448.00 672.00
1.50 296.00 444.00
9,310.08 5,559.30
Total Total
1.00 457.00 457.00 1.00 302.00 302.00 1.00
17.00
1.00 457.00 457.00 1.00 302.00 302.00 1.00
1.00 457.00 457.00 1.00 302.00 302.00 1.00
4.00 457.00 1,828.00 4.00 302.00 1,208.00
4.00
0.50 457.00 228.50 0.50 302.00 151.00 0.25
8.00 457.00 3,656.00 8.00 302.00 2,416.00 8.00
0.05 457.00 23.50 0.05 302.00 15.53 2.00
0.40 457.00 182.80 0.40 302.00 120.80 0.40
4.00
2.00
0.08 457.00 36.56 0.08 302.00 24.16
1.00
0.50 457.00 228.50 0.50 302.00 151.00 0.25
0.75 457.00 342.75 0.75 302.00 226.50
2.00 457.00 914.00 2.00
1.50 457.00 685.50
1.50 302.00 453.00
9,497.11 5,671.99
Total Total
1.00 467.00 467.00 1.00 309.00 309.00 1.00
17.00
1.00 467.00 467.00 1.00 309.00 309.00 1.00
1.00 467.00 467.00 1.00 309.00 309.00 1.00
4.00 467.00 1,868.00 4.00 309.00 1,236.00
4.00
0.50 467.00 233.50 0.50 309.00 154.50 0.25
8.00 467.00 3,736.00 8.00 309.00 2,472.00 8.00
0.05 467.00 24.02 0.05 309.00 15.89 2.00
0.40 467.00 186.80 0.40 309.00 123.60 0.40
4.00
2.00
0.08 467.00 37.36 0.08 309.00 24.72
1.00
0.50 467.00 233.50 0.50 309.00 154.50 0.25
0.75 467.00 350.25 0.75 309.00 231.75
2.00 467.00 934.00 2.00
1.50 467.00 700.50
1.50 309.00 463.50
9,704.93 5,803.46
Materials used per product for Year 1
Total Total
Units Materials Units Materials Units
produced used Table - Curdoroy produced used Table - Leather produced
579.00 579.00 1.00 348.00 348.00 1.00 218.00
579.00 9,843.00
579.00 579.00 1.00 348.00 348.00 1.00 218.00
579.00 579.00 1.00 348.00 348.00 1.00 218.00
579.00 2,316.00 4.00 348.00 1,392.00 4.00 218.00

579.00 144.75 0.50 348.00 174.00 0.50 218.00
579.00 4,632.00 8.00 348.00 2,784.00 8.00 218.00
579.00 1,158.00 0.05 348.00 17.90 0.05 218.00
579.00 231.60 0.40 348.00 139.20 0.40 218.00
579.00 2,316.00 4.00 348.00 1,392.00 4.00 218.00
579.00 1,158.00
0.08 348.00 27.84 0.08 218.00
579.00 579.00 1.00 348.00 348.00 1.00 218.00
579.00 144.75 0.25 348.00 87.00 0.25 218.00
0.75 348.00 261.00 0.75 218.00
579.00 1,158.00 2.00 348.00 696.00 2.00 218.00
1.50 348.00 522.00
1.50 218.00
25,418.10 8,884.94
Total Total
591.00 591.00 1.00 355.00 355.00 1.00 224.00
591.00 10,047.00
591.00 591.00 1.00 355.00 355.00 1.00 224.00
591.00 591.00 1.00 355.00 355.00 1.00 224.00
591.00 2,364.00 4.00 355.00 1,420.00 4.00 224.00

591.00 147.75 0.50 355.00 177.50 0.50 224.00
591.00 4,728.00 8.00 355.00 2,840.00 8.00 224.00
591.00 1,182.00 0.05 355.00 18.26 0.05 224.00
591.00 236.40 0.40 355.00 142.00 0.40 224.00
591.00 2,364.00 4.00 355.00 1,420.00 4.00 224.00
591.00 1,182.00
0.08 355.00 28.40 0.08 224.00
591.00 591.00 1.00 355.00 355.00 1.00 224.00
591.00 147.75 0.25 355.00 88.75 0.25 224.00
0.75 355.00 266.25 0.75 224.00
591.00 1,182.00 2.00 355.00 710.00 2.00 224.00
1.50 355.00 532.50
1.50 224.00
25,944.90 9,063.66
Total Total
604.00 604.00 1.00 363.00 363.00 1.00 229.00
604.00 10,268.00
604.00 604.00 1.00 363.00 363.00 1.00 229.00
604.00 604.00 1.00 363.00 363.00 1.00 229.00
604.00 2,416.00 4.00 363.00 1,452.00 4.00 229.00

604.00 151.00 0.50 363.00 181.50 0.50 229.00
604.00 4,832.00 8.00 363.00 2,904.00 8.00 229.00
604.00 1,208.00 0.05 363.00 18.67 0.05 229.00
604.00 241.60 0.40 363.00 145.20 0.40 229.00
604.00 2,416.00 4.00 363.00 1,452.00 4.00 229.00
604.00 1,208.00
0.08 363.00 29.04 0.08 229.00
604.00 604.00 1.00 363.00 363.00 1.00 229.00
604.00 151.00 0.25 363.00 90.75 0.25 229.00
0.75 363.00 272.25 0.75 229.00
604.00 1,208.00 2.00 363.00 726.00 2.00 229.00
1.50 363.00 544.50
1.50 229.00
26,515.60 9,267.91
Total Total
617.00 617.00 1.00 371.00 371.00 1.00 235.00
617.00 10,489.00
617.00 617.00 1.00 371.00 371.00 1.00 235.00
617.00 617.00 1.00 371.00 371.00 1.00 235.00
617.00 2,468.00 4.00 371.00 1,484.00 4.00 235.00

617.00 154.25 0.50 371.00 185.50 0.50 235.00
617.00 4,936.00 8.00 371.00 2,968.00 8.00 235.00
617.00 1,234.00 0.05 371.00 19.08 0.05 235.00
617.00 246.80 0.40 371.00 148.40 0.40 235.00
617.00 2,468.00 4.00 371.00 1,484.00 4.00 235.00
617.00 1,234.00
0.08 371.00 29.68 0.08 235.00
617.00 617.00 1.00 371.00 371.00 1.00 235.00
617.00 154.25 0.25 371.00 92.75 0.25 235.00
0.75 371.00 278.25 0.75 235.00
617.00 1,234.00 2.00 371.00 742.00 2.00 235.00
1.50 371.00 556.50
1.50 235.00
27,086.30 9,472.16
Total Total
631.00 631.00 1.00 379.00 379.00 1.00 239.00
631.00 10,727.00
631.00 631.00 1.00 379.00 379.00 1.00 239.00
631.00 631.00 1.00 379.00 379.00 1.00 239.00
631.00 2,524.00 4.00 379.00 1,516.00 4.00 239.00

631.00 157.75 0.50 379.00 189.50 0.50 239.00
631.00 5,048.00 8.00 379.00 3,032.00 8.00 239.00
631.00 1,262.00 0.05 379.00 19.49 0.05 239.00
631.00 252.40 0.40 379.00 151.60 0.40 239.00
631.00 2,524.00 4.00 379.00 1,516.00 4.00 239.00
631.00 1,262.00
0.08 379.00 30.32 0.08 239.00
631.00 631.00 1.00 379.00 379.00 1.00 239.00
631.00 157.75 0.25 379.00 94.75 0.25 239.00
0.75 379.00 284.25 0.75 239.00
631.00 1,262.00 2.00 379.00 758.00 2.00 239.00
1.50 379.00 568.50
1.50 239.00
27,700.90 9,676.41
Ending Inventory
Total
Materials Total Raw
used Mats Used Total costs Total units Total costs
218.00 2,163.00 75,705.00 81.00 2,835.00
15,028.00 751,400.00 292.00 14,600.00
218.00 2,163.00 129,780.00 231.00 13,860.00
218.00 2,163.00 86,520.00 231.00 9,240.00
4,072.00 101,800.00 728.00 18,200.00
872.00 4,580.00 164,880.00 220.00 7,920.00
109.00 860.50 25,815.00 120.50 3,615.00
1,744.00 17,304.00 25,956.00 1,752.00 2,628.00
11.21 1,681.28 126,095.79 31.72 2,379.21
87.20 865.20 86,520.00 112.80 11,280.00
872.00 4,580.00 50,380.00 76.00 836.00
1,768.00 63,648.00 25.00 900.00
17.44 102.32 3,683.52 32.40 1,166.40
218.00 1,145.00 400,750.00 76.00 26,600.00
54.50 719.00 647,100.00 148.00 133,200.00
163.50 959.25 143,887.50 248.75 37,312.50
436.00 3,758.00 67,644.00 635.00 11,430.00
1,165.50 209,790.00 202.50 36,450.00
327.00 753.00 90,360.00 608.00 72,960.00
5,565.85 65,830.05 3,251,714.81 5,851.67 407,412.11
363,760.82
Ending Inventory
Total
Materials Total Raw
224.00 2,210.00 77,350.00 246.52 8,628.20
15,351.00 767,550.00 367.40 18,370.00
224.00 2,210.00 132,600.00 396.52 23,791.20
224.00 2,210.00 88,400.00 396.52 15,860.80
4,160.00 104,000.00 1,319.04 32,976.00
896.00 4,680.00 168,480.00 291.04 10,477.44
112.00 879.25 26,377.50 210.85 6,325.50
1,792.00 17,680.00 26,520.00 2,979.20 4,468.80
11.52 1,717.22 128,791.29 36.31 2,722.93
89.60 884.00 88,400.00 198.40 19,840.00
896.00 4,680.00 51,480.00 101.60 1,117.60
1,806.00 65,016.00 39.28 1,414.08
17.92 104.56 3,764.16 55.83 2,009.78
224.00 1,170.00 409,500.00 118.00 41,300.00
56.00 734.50 661,050.00 124.02 111,618.00
168.00 980.25 147,037.50 468.38 70,257.00
448.00 3,840.00 69,120.00 1,158.20 20,847.60
1,189.50 214,110.00 370.44 66,679.20
336.00 771.00 92,520.00 994.44 119,332.80
5,719.04 67,257.28 3,322,066.45 9,871.98 578,036.93
516,104.40
Ending Inventory
Total
Materials Total Raw
229.00 2,258.00 79,030.00 387.80 13,572.83
15,674.00 783,700.00 507.06 25,353.20
229.00 2,258.00 135,480.00 537.80 32,267.71
229.00 2,258.00 90,320.00 537.80 21,511.81
4,248.00 106,200.00 1,869.59 46,739.76
916.00 4,784.00 172,224.00 305.59 11,001.25
114.50 898.50 26,955.00 291.65 8,749.38
1,832.00 18,064.00 27,096.00 4,011.47 6,017.21
11.78 1,753.71 131,528.14 56.37 4,227.39
91.60 903.20 90,320.00 274.50 27,449.60
916.00 4,784.00 52,624.00 139.26 1,531.82
1,844.00 66,384.00 58.01 2,088.46
18.32 106.88 3,847.68 78.21 2,815.71
229.00 1,196.00 418,600.00 146.12 51,142.00
57.25 750.50 675,450.00 142.65 128,380.68
171.75 1,002.00 150,300.00 578.26 86,738.82
458.00 3,924.00 70,632.00 1,641.03 29,538.58
1,216.50 218,970.00 603.94 108,709.20
343.50 787.50 94,500.00 1,077.95 129,354.53
5,846.70 68,710.79 3,394,160.82 13,245.04 737,189.93
658,205.30
Ending Inventory
Total
Materials Total Raw
235.00 2,307.00 80,745.00 504.06 17,642.21
16,014.00 800,700.00 694.86 34,743.23
235.00 2,307.00 138,420.00 654.06 39,243.79
235.00 2,307.00 92,280.00 654.06 26,162.53
4,336.00 108,400.00 2,380.13 59,503.16
940.00 4,892.00 176,112.00 260.13 9,364.55
117.50 918.00 27,540.00 362.73 10,882.05
1,880.00 18,456.00 27,684.00 4,842.71 7,264.06
12.09 1,791.70 134,377.50 75.57 5,667.81
94.00 922.80 92,280.00 340.78 34,078.50
940.00 4,892.00 53,812.00 185.43 2,039.71
1,884.00 67,824.00 74.37 2,677.43
18.80 109.20 3,931.20 99.57 3,584.66
235.00 1,223.00 428,050.00 159.48 55,818.42
58.75 766.50 689,850.00 153.96 138,565.49
176.25 1,023.75 153,562.50 778.51 116,775.96
470.00 4,010.00 72,180.00 2,081.93 37,474.78
1,242.00 223,560.00 455.44 81,979.20
352.50 805.50 96,660.00 857.18 102,861.47
5,999.89 70,207.45 3,467,968.20 15,614.98 786,329.00
702,079.47
Ending Inventory
Total
Materials Total Raw
239.00 2,357.00 82,495.00 504.56 17,659.73
16,371.00 818,550.00 614.68 30,734.16
239.00 2,357.00 141,420.00 744.56 44,673.83
239.00 2,357.00 94,280.00 744.56 29,782.55
4,432.00 110,800.00 2,843.13 71,078.19
956.00 4,996.00 179,856.00 199.13 7,168.59
119.50 937.75 28,132.50 423.96 12,718.94
1,912.00 18,856.00 28,284.00 5,466.81 8,200.22
12.29 1,831.69 137,376.86 72.09 5,407.06
95.60 942.80 94,280.00 396.96 39,696.48
956.00 4,996.00 54,956.00 234.58 2,580.41
1,926.00 69,336.00 82.14 2,957.18
19.12 111.52 4,014.72 119.92 4,317.10
239.00 1,249.00 437,150.00 159.21 55,722.10
59.75 783.25 704,925.00 137.31 123,575.64
179.25 1,045.50 156,825.00 669.24 100,386.59
478.00 4,096.00 73,728.00 481.34 8,664.15
1,269.00 228,420.00 694.88 125,077.50
358.50 822.00 98,640.00 833.75 100,050.09
6,102.01 71,736.51 3,543,469.08 15,422.84 790,450.53
705,759.40
Products Year 1 Year 2
Units Units
produced Units sold End. Inty Costs TGAS
produced
CHAIR Unit costs
Rope 1,590.00 305.00 300.00 5.00 7,950.00 312.00 317.00
Curdoroy 1,177.24 429.00 429.00 - - 438.00 438.00
Leather 1,051.24 284.00 279.00 5.00 5,256.19 290.00 295.00
1,018 1,008 1,040 1,050
TABLE
Rope 2,065.50 579.00 579.00 - - 591.00 591.00
Curdoroy 1,390.24 348.00 343.00 5.00 6,951.19 355.00 360.00
Leather 1,300.24 218.00 214.00 4.00 5,200.95 224.00 228.00
Total 1,145 1,136 25,358.32 1,170 1,179
Net of VAT 22,641.36
Year 2 Year 3
Units
Units sold End. Inty Costs TGAS Units sold End. Inty Costs
produced
307.00 10 15,900.00 318.00 328 313.00 15 23,850.00

438.00 - - 448.00 448 448.00 - -
285.00 10 10,512.37 296.00 306 291.00 15 15,768.56
1,030 1,062 1,082 1,052
591.00 - - 604.00 604 604.00 - -

350.00 10 13,902.37 363.00 373 358.00 15 20,853.56
219.00 9 11,702.13 229.00 238 224.00 14 18,203.32
1,160 52,016.88 1,196 1,215 1,186 78,675.43
46,443.64 70,245.92
Year 4 Year 5
Units Units
TGAS Units sold End. Inty Costs TGAS Units sold
produced produced
325.00 340 320.00 20 31,800.00 332.00 352 327.00

457.00 457 457.00 - - 467.00 467 467.00
302.00 317 297.00 20 21,024.74 309.00 329 304.00
1,084 1,114 1,074 1,108 1,148 1,098
617.00 617 617.00 - - 631.00 631 631.00

371.00 386 366.00 20 27,804.74 379.00 399 374.00
235.00 249 229.00 20 26,004.74 239.00 259 234.00
1,223 1,252 1,212 106,634.23 1,249 1,289 1,239
95,209.13
ar 5
End. Inty Costs
25 39,750.00
- -
25 26,280.93
- -
25 34,755.93
25 32,505.93
133,292.79
119,011.42
ETIRENITY
STATEMENT OF COST OF GOODS SOLD
FOR THE YEAR ENDED DECEMBER 31
2018 2019 2020

Beginning Invty (net of vat) 53,627.68 363,760.82 516,104.40
Add: Purchases (net of vat) 3,213,449.93 3,243,213.31 3,299,505.70
Total RMAU 3,267,077.61 3,606,974.13 3,815,610.10
Less: Ending invty 363,760.82 516,104.40 658,205.30
Direct Materials used in production 2,903,316.79 3,090,869.73 3,157,404.80
Direct Labor 465,504.00 465,504.00 474,796.80
Factory overhead
Utilities Expense - operations 127,104.76 138,253.91 143,369.31
Depreciation Expense - operations 3,176.96 3,176.96 3,176.96
Safety Supplies 7,130.70 6,806.22 7,466.31
Rent expense - production 69,876.00 69,876.00 69,876.00
Total Manufacturing costs 3,576,109.20 3,774,486.82 3,856,090.17
Add: WIP beginning invty - - -
Less: WIP ending invty - - 588.62
Total Cost of Goods Manufactured 3,576,109.20 3,774,486.82 3,855,501.55
Add: Finished goods, inventory, January 1 - 22,641.36 46,443.64
Cost of goods available for sale 3,576,109.20 3,797,128.17 3,901,945.19
Less: Finished goods inventory, Dec 31 22,641.36 46,443.64 70,245.92
Cost of Goods Sold 3,553,467.85 3,750,684.53 3,831,699.27
2021 2022
658,205.30 702,079.47
3,265,885.32 3,294,191.27
3,924,090.62 3,996,270.74
702,079.47 705,759.40
3,222,011.15 3,290,511.34
474,796.80 474,796.80
148,673.97 154,174.91
3,176.96 3,176.96
7,164.75 7,859.60
69,876.00 69,876.00
3,925,699.62 4,000,395.61
588.62 588.62
588.62 588.62
3,925,699.62 4,000,395.61
70,245.92 95,209.13
3,995,945.55 4,095,604.74
95,209.13 119,011.42
3,900,736.42 3,976,593.32
ETIRENITY
STATEMENT OF FINANCIAL PERFORMANCE
Preoperations
INCOME
Gross sales
Sales -
Less: COGS
Direct Materials used -
Direct Labor -
Utilities expense - operations -
Depreciation expense - operations -
Safety Supplies
Rent expense - production -
COGS -
Gross Profit -
Operating expenses:
Salaries and wages -
Regular / Probationaries
Basic -
Holiday Pay -
Employee benefits
E COLA / allowances -
SSS, HDMF, PHIC contributions -
13th Month -
Employees uniform -
Others - -
Rental -
Utilities 7,210.37
Taxes and licenses -
Communication 3,999.00
Security / janitorial services -
Professional fee - Bookkeeper -
Depreciation / amortization -
CSR -
Trainings and allowances 32,794.00
Total operating expenses 52,674.12
Gross Income From Operations (52,674.12)
Add/Less: Other Income/Expense
Interest incone
Overages / (Shortages)
Bank charges -
NET INCOME BEFORE TAX (52,674.12)
Provision for income tax -
NET INCOME AFTER TAX (52,674.12)
(52,674.12)
-
ETIRENITY
2018
INCOME
Gross sales
Sales 6,391,754.46
Less: COGS
Direct Labor 465,504.00
Utilities expense - operations 127,104.76
Depreciation expense - operations 3,176.96
Rent expense - production 69,876.00
COGS 3,553,467.85
Gross Profit 2,838,286.62
Operating expenses:
Basic 883,221.00
Holiday Pay 883,221.00
Employee benefits
13th Month 185,995.50
Employees uniform 4,240.00
Others - 320,160.70
Rental 110,124.00
Utilities 183,430.37
Repairs and maintenance - 588.00
Security / janitorial services 144,000.00
Professional fee - Bookkeeper 15,000.00
Depreciation / amortization 302,805.71
CSR 2,506.00
Trainings and allowances -
Total operating expenses 2,011,711.86
Gross Income From Operations 826,574.76
Interest incone
Bank charges -
NET INCOME BEFORE TAX 826,574.76
NET INCOME AFTER TAX 578,602.33
578,602.33
-
ETIRENITY
2019
INCOME
Gross sales
Sales 6,789,765.18
Less: Payouts
COGS 3,750,684.53
Operating expenses:
Basic 883,221.00
Employee benefits
13th Month 185,995.50
Employees uniform -
Others - 315,920.70
Rental 110,124.00
CSR 3,007.20

Gross Income From Operations 1,029,539.71
Interest incone
Bank charges -
NET INCOME BEFORE TAX 1,029,539.71
720,677.80
-
ETIRENITY
2020
INCOME
Gross sales
Sales 7,215,438.39
Less: Payouts
COGS 3,831,699.27
Operating expenses:
Basic 903,345.00
Employee benefits
13th Month 190,123.90
Employees uniform 4,409.60
Others - 328,106.28
Rental 110,124.00
CSR 3,608.64

Interest incone
Bank charges -
933,287.97
-
ETIRENITY
2021
INCOME
Gross sales
Sales 7,666,440.18
Less: Payouts
COGS 3,900,736.42
Operating expenses:
Basic 903,345.00
Employee benefits
13th Month 190,123.90
Employees uniform -
Others - 323,696.68
Rental 110,124.00
CSR 4,330.37

Interest incone
Bank charges -
NET INCOME AFTER TAX 1,197,421.43
1,197,421.43
-
ETIRENITY
2022
INCOME
Gross sales
Sales 8,151,150.89
Less: Payouts
COGS 3,976,593.32
Operating expenses:
Basic 903,345.00
Employee benefits
13th Month 190,123.90
Employees uniform -
Others - 323,696.68
Rental 110,124.00
CSR 5,196.44

Interest incone
Bank charges -
NET INCOME AFTER TAX 1,476,971.42
1,476,971.42
-
ETIRENITY
FOR THE YEAR ENDED DECEMBER 31
Pre operations 2018 2019 2020 2021 2022

INCOME
Gross sales
Sales - 6,391,754.46 6,789,765.18 7,215,438.39 7,666,440.18 8,151,150.89
Less: Cost of Goods Sols - 3,553,467.85 3,750,684.53 3,831,699.27 3,900,736.42 3,976,593.32
Gross Profit - 2,838,286.62 3,039,080.64 3,383,739.13 3,765,703.76 4,174,557.57
Operating expenses:
Basic - 883,221.00 883,221.00 903,345.00 903,345.00 903,345.00
Employee benefits
SSS, HDMF, PHIC contributio - 129,925.20 129,925.20 133,572.78 133,572.78 133,572.78
13th Month - 185,995.50 185,995.50 190,123.90 190,123.90 190,123.90
Employees uniform - 4,240.00 - 4,409.60 - -
Total - 320,160.70 315,920.70 328,106.28 323,696.68 323,696.68
Rental - 110,124.00 110,124.00 110,124.00 110,124.00 110,124.00
Utilities 7,210.37 183,430.37 183,771.02 190,570.55 197,621.66 204,933.66
Taxes and licenses - 21,213.33 21,213.33 21,213.33 21,213.33 21,213.33
Communication 3,999.00 17,988.00 18,707.52 19,455.82 20,234.05 21,043.42
Advertising and promotions 5,172.00 5,172.00 5,378.88 5,594.04 5,817.80 6,050.51
Office supplies 3,095.75 5,502.75 5,722.86 5,951.77 6,189.85 6,437.44
Repairs and maintenance 403.00 588.00 668.72 695.47 723.29 752.22
Security services - 144,000.00 144,000.00 144,000.00 144,000.00 144,000.00
Professional fees - Bookkeeper - 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
Depreciation / amortization - 302,805.71 302,805.71 302,805.71 302,805.71 302,805.71
CSR - 2,506.00 3,007.20 3,608.64 4,330.37 5,196.44
Trainings and allowances 32,794.00 - - - - -
Total operating expenses 52,674.12 2,011,711.86 2,009,540.94 2,050,470.60 2,055,101.73 2,064,598.40
Net Income Before Tax (52,674.12) 826,574.76 1,029,539.71 1,333,268.52 1,710,602.04 2,109,959.17
Provision for income tax 247,972.43 308,861.91 399,980.56 513,180.61 632,987.75
NET INCOME AFTER TAX (52,674.12) 578,602.33 720,677.80 933,287.97 1,197,421.43 1,476,971.42
Page 139 of 152

ETIRENITY
STATEMENT OF FINANCIAL POSITION
Pre-Operations
ASSETS
Current Assets
Cash in bank
Savings 260,614.77
Cash on hand -
Time deposits 260,614.77
Cash funds
Petty cash fund -
Change fund
Revolving fund 40,000.00 40,000.00
Accounts receivable 989,944.31
Inventory 53,627.68
Finish Goods -
Prepaid Rent 45,000.00
Total Current Assets 1,389,186.75
Properties & Equipment
Office Furniture 17,213.00
Motor vehicle 300,000.00
Office equipment 41,781.00
Production Equipment 21,399.75
Store Equipment 55,009.75
Total Properties & Equipment 435,403.50
Less: Accumulated depreciation -
Properties & Equipment - Net 435,403.50
Other Assets
Renovations 989,944.31
Less: Accumulated depreciation - 989,944.31
Leasehold Improvements 726,356.00 -
Less: Accumulated depreciation - 726,356.00
Total Other Assets 1,716,300.31
TOTAL ASSETS 3,540,890.56
LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
Accounts payable -
Accrued expenses payable -
Withholding tax payable -
SSS, HDMF, PHIC premiums payable -
VAT Payable (6,435.32)
Income tax payable -
Total Current Liabilities (6,435.32)
Long-Term Liabilities
Loans payable -
TOTAL LIABILITIES (6,435.32)
PARTNERS' EQUITY
Capital 3,600,000.00
Add: Net income (52,674.12)
TOTAL PARTNERS' EQUITY 3,547,325.88
TOTAL LIABILITIES & PARTNERS' EQUITY 3,540,890.56
-
ETIRENITY
2018
ASSETS
Current Assets
Cash in bank
Savings 825,044.28
Cash on hand -
Cash funds
Petty cash fund -
Change fund
Revolving fund - -
Work in progress -
Prepaid Rent -
Total Current Assets 1,058,824.34
Office Furniture -
Motor vehicle -
Office equipment -
Production Equipment -
Store Equipment -
Total Properties & Equipment -
Less: Accumulated depreciation 76,244.15
Properties & Equipment - Net (76,244.15)
Other Assets
Renovations -
Less: Accumulated depreciation 98,994.43 (98,994.43)
Leasehold Improvements -
Total Other Assets (229,738.51)
TOTAL ASSETS 752,841.68

Current Liabilities
Accounts payable -
Accrued expenses payable 56,196.88
SSS, HDMF, PHIC premiums payable 17,831.00
Total Current Liabilities 174,239.35
Loans payable -
TOTAL LIABILITIES 174,239.35
PARTNERS' EQUITY
Capital 578,602.33
Add: Net income -
TOTAL PARTNERS' EQUITY 578,602.33
TOTAL LIABILITIES & PARTNERS' EQUITY 752,841.68
-
ETIRENITY
2019
ASSETS
Current Assets
Cash in bank
Savings 247,736.07
Cash on hand -
Cash funds
Petty cash fund
Change fund
Revolving fund -
Work in progress -
Prepaid Rent -
Total Current Assets 324,887.51
Furniture an fixtures -
Motor vehicle
Office equipment -
Kitchen Small Equipment -
Store Equipment -
Other Assets
Renovations -
Leasehold Improvements - -

Current Liabilities
Accounts payable -
Loans payable -
PARTNERS' EQUITY
Capital -
Add: Net income -
TOTAL PARTNERS' EQUITY -
(0.00)
ETIRENITY
2020
ASSETS
Current Assets
Cash in bank
Savings 266,679.99
Cash on hand -
Cash funds
Petty cash fund -
Change fund
Revolving fund -
Work in progress 588.62
Prepaid Rent -
Motor vehicle
Office equipment -
Store Equipment -
Other Assets
Renovations -

Current Liabilities
Accounts payable -
Accrued expenses payable 1,225.70
SSS, HDMF, PHIC premiums payable 495.53
Loans payable -
PARTNERS' EQUITY
Capital -
Add: Net income -
0.00
ETIRENITY
2021
ASSETS
Current Assets
Cash in bank
Savings 369,285.95
Cash on hand -
Cash funds
Petty cash fund -
Change fund
Revolving fund -
Inventory 68,837.38
Work in progress -
Prepaid Rent -
Motor vehicle
Office equipment -
Store Equipment -
Other Assets
Renovations -

Current Liabilities
Accounts payable -
Loans payable -
PARTNERS' EQUITY
Capital -
Add: Net income -
0.00
ETIRENITY
2022
ASSETS
Current Assets
Cash in bank
Savings 412,010.71
Cash on hand -
Cash funds
Petty cash fund -
Change fund
Gasoline fund - -
Inventory 27,482.21

Prepaid Rent -
Motor vehicle
Office equipment -
Store Equipment -
Other Assets
Renovations -

Current Liabilities
Accounts payable -
Loans payable -
PARTNERS' EQUITY
Capital -
Add: Net income -
0.00
ETIRENITY
Pre-operations Dec 31 '2018 Dec 31 '2019 Dec 31 '2020 Dec 31 '2021 Dec 31 '2022
ASSETS
Current Assets
Cash on hand and in bank
Revolving Fund 40,000.00 40,000.00 40,000.00 40,000.00 40,000.00 40,000.00
Cash in Bank 260,614.77 1,085,659.05 1,333,395.12 1,600,075.11 1,969,361.06 2,381,371.77
Total 300,614.77 1,125,659.05 1,373,395.12 1,640,075.11 2,009,361.06 2,421,371.77
Accounts Receivable
Non trade 989,944.31 890,949.88 791,955.45 692,961.02 593,966.59 494,972.15
Total 989,944.31 890,949.88 791,955.45 692,961.02 593,966.59 494,972.15
Inventory
Raw Materials 53,627.68 363,760.82 516,104.40 658,205.30 702,079.47 705,759.40
Work in progress - - 588.62 588.62 588.62
Finished goods - 22,641.36 46,443.64 70,245.92 95,209.13 119,011.42
Total 53,627.68 386,402.17 562,548.04 729,039.84 797,877.22 825,359.43
Prepaid expenses
Rent 45,000.00 45,000.00 45,000.00 45,000.00 45,000.00 45,000.00
Total 45,000.00 45,000.00 45,000.00 45,000.00 45,000.00 45,000.00
Total Current Assets 1,389,186.75 2,448,011.10 2,772,898.60 3,107,075.97 3,446,204.87 3,786,703.36
Office Furniture 17,213.00 17,213.00 17,213.00 17,213.00 17,213.00 17,213.00
Motor vehicle 300,000.00 300,000.00 300,000.00 300,000.00 300,000.00 300,000.00
Office equipment 41,781.00 41,781.00 41,781.00 41,781.00 41,781.00 41,781.00
Production Equipment 21,399.75 21,399.75 21,399.75 21,399.75 21,399.75 21,399.75
Store Equipment 55,009.75 55,009.75 55,009.75 55,009.75 55,009.75 55,009.75
Total Properties & Equipment 435,403.50 435,403.50 435,403.50 435,403.50 435,403.50 435,403.50
Less: Accumulated depreciation - 76,244.15 152,488.31 228,732.46 304,976.61 381,220.76
Proeperties & Equipment - Net 435,403.50 359,159.35 282,915.20 206,671.04 130,426.89 54,182.74
Other Assets
Renovation Costs 989,944.31 989,944.31 989,944.31 989,944.31 989,944.31 989,944.31
ETIRENITY
Renovations - net 989,944.31 890,949.88 791,955.45 692,961.02 593,966.59 494,972.15
Leasehold Improvements 726,356.00 726,356.00 726,356.00 726,356.00 726,356.00 726,356.00
Leasehold Improvements - net 726,356.00 595,611.92 464,867.84 334,123.76 203,379.68 72,635.60
Total 2,151,703.81 1,845,721.15 1,539,738.48 1,233,755.82 927,773.16 621,790.49
TOTAL ASSETS 3,540,890.56 4,293,732.24 4,312,637.09 4,340,831.79 4,373,978.02 4,408,493.85
3,540,890.56 4,293,732.24 4,312,637.09 4,340,831.79 4,373,978.02 4,408,493.85
ETIRENITY
- - - - - -
Current Liabilities
Accrued expenses payable
Salaries payable - 56,196.88 56,196.88 57,422.58 57,422.58 57,422.58
Total - 56,196.88 56,196.88 57,422.58 57,422.58 57,422.58
SSS, HDMF, PHIC premiums payable 17,831.00 17,831.00 18,326.53 18,326.53 18,326.53
Income tax payable 61,993.11 77,215.48 99,995.14 128,295.15 158,246.94
Value-added tax payable (6,435.32) 31,783.05 35,465.52 39,159.33 44,005.55 48,569.60
TOTAL LIABILITIES (6,435.32) 167,804.03 186,708.87 214,903.57 248,049.81 282,565.64
EQUITY
Partners' Capital 3,547,325.88 4,125,928.21 4,125,928.21 4,125,928.21 4,125,928.21 4,125,928.21
TOTAL EQUITY 3,547,325.88 4,125,928.21 4,125,928.21 4,125,928.21 4,125,928.21 4,125,928.21
TOTAL LIABILITIES & EQUITY 3,540,890.56 4,293,732.24 4,312,637.09 4,340,831.79 4,373,978.02 4,408,493.85
ETIRENITY
STATEMENT OF CASH FLOW
Pre-Operations Dec 31 '2017

CASH FLOWS FROM OPERATING ACTIVITES
Net income (52,674.12) 578,602.33
Adjustment for depreciation - 305,982.66
Operating Income / (Loss) Before Working Capital Changes (52,674.12) 884,584.99
Changes in operating assets and liabilities
Decrease (Increase) in:
Cash funds (40,000.00) -
Receivables (989,944.31) 98,994.43
Inventories (53,627.68) (332,774.49)
Prepaid expenses (45,000.00) -
Increase (Decrease) in current liabilites:
Accrued expense payable 56,196.88
SSS, HDMF, PHIC premiums 17,831.00
VAT Payable (6,435.32) 38,218.37
Net Cash Provided By (Used In) Operating Activities) (1,187,681.42) 825,044.28
CASH FLOWS FROM INVESTING ACTIVITIES
Disposal (Acquisitions) in property and equipments (2,151,703.81) -
Net Cash Provided By (Used In) Investing Activities (2,151,703.81) -
CASH FLOWS FROM FINANCING ACTIVITIES ACTIVITIES
Increase (Decrease) in:
Loans payable -
Capital investment 3,600,000.00 -
Partners' withdrawals - -
Net Cash Provided By (Used In) Financing Activities 3,600,000.00 -
NET INCREASE (DECREASE) IN CASH 260,614.77 825,044.28
CASH BALANCE, BEGINNING - 260,614.77
CASH BALANCE, END 260,614.77 1,085,659.05
260,614.77 1,085,659.05
- -
RENITY
T OF CASH FLOWS
Dec 31 '2018 Dec 31 '2019 Dec 31 '2020 Dec 31 '2021 YEAR TO DATE
720,677.80 933,287.97 1,197,421.43 1,476,971.42 4,854,286.82

305,982.66 305,982.66 305,982.66 305,982.66 1,529,913.32
1,026,660.46 1,239,270.63 1,503,404.09 1,782,954.08 6,384,200.14
- - - - -
98,994.43 98,994.43 98,994.43 98,994.43 494,972.15
(176,145.87) (166,491.80) (68,837.38) (27,482.21) (825,359.43)
- - - - (45,000.00)
-
- 1,225.70 - - 57,422.58
- 495.53 - - 18,326.53
15,222.37 22,779.66 28,300.01 29,951.78 158,246.94
3,682.47 3,693.81 4,846.22 4,564.05 48,569.60
968,413.87 1,199,967.96 1,566,707.38 1,888,982.13 6,291,378.50
- - - - (2,151,703.81)
- - - - (2,151,703.81)
- - - - -
- - - - 3,600,000.00
(720,677.80) (933,287.97) (1,197,421.43) (1,476,971.42) (4,328,358.61)
(720,677.80) (933,287.97) (1,197,421.43) (1,476,971.42) (728,358.61)
247,736.07 266,679.99 369,285.95 412,010.71 3,411,316.08
1,085,659.05 1,333,395.12 1,600,075.11 1,969,361.06 -
1,333,395.12 1,600,075.11 1,969,361.06 2,381,371.77 3,411,316.08
1,333,395.12 1,600,075.11 1,969,361.06 2,381,371.77
- - - -
Etirenity
STATEMENT OF PARTNERS' CAPITAL
Dayrit, Capital Kumar, Capital Merza, Capital Morzo, Capital Rodriguez, Capital Sanchez, Capital
Share in partnership capital 16.67% 16.67% 16.67% 16.67% 16.67% 16.67%
Capital balances, beginning 591,220.98 591,220.98 591,220.98 591,220.98 591,220.98 591,220.98
Add:
Investments
Share in net income
Year 1 96,433.72 96,433.72 96,433.72 96,433.72 96,433.72 96,433.72
Total 687,654.70 687,654.70 687,654.70 687,654.70 687,654.70 687,654.70
Less: Withdrawals - - - - - -
Capital balances, end of year 1 687,654.70 687,654.70 687,654.70 687,654.70 687,654.70 687,654.70
Total Partnership
Capital
100.00%
3,547,325.88
-
-
578,602.33
4,125,928.21
-
4,125,928.21

Etirenity FS Revised

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Etirenity

Year 3 Sales 8,081,291 7,215,438

PROJECTED QUANTITY PRODUCED YEAR 1-5

CORDUROY LEATHER ROPE CHAIR CORDUROY LEATHER TABLE ROPE TABLE

YEAR 1 429 284 305 348 218 579 2163

438.00 1,030,176.00 2,446.00 448.00 1,095,808.00 2,544.00 457.00 1,162,608.00

350.00 1,055,950.00 3,138.00 358.00 1,123,404.00 3,264.00 366.00 1,194,624.00

PROJECTED QUANTITY SOLD YEAR 1-5 INVENTORY/UNSOLD PRODUCTS YE

429 279 300 343 214 579 5

2,646.00 467.00 1,235,682.00

3,395.00 374.00 1,269,730.00

NTORY/UNSOLD PRODUCTS YEAR 1-5

Pre operating expenses 860,531.37

CASH DISBURSEMENT BOOK

SSS HDMF PHIC Salaries Payable

Year 1 Payment for CSR 2,506.00

Payment of tax payable 185,979.32

T O T A L S 6,333,720.72 11,090.00 2,885.25 3,855.75 - -

SSS HDMF PHIC Salaries Payable

Year 2 Purchase of raw materials 3,632,398.91

CASH DISBURSEMENT BOOK

SSS HDMF PHIC Salaries Payable

Year 3 Purchase of raw materials 3,695,446.38

CASH DISBURSEMENT BOOK

SSS HDMF PHIC Salaries Payable

Year 4 Purchase of raw materials 3,657,791.56

CASH DISBURSEMENT BOOK

SSS HDMF PHIC Salaries Payable

Year 5 Purchase of raw materials 3,689,494.22

- 40,000.00 - - 989,944.31 53,627.68 45,000.00 17,213.00 300,000.00 41,781.00 21,399.75

(185,979.32) - - - (98,994.43) 3,213,449.93 - - - - -

CASH FUNDS ACCOUNTS RECEIVABLE INVENTORY PREPAID PROPERTIES & EQUIPMENTS

(293,639.54) - - - (98,994.43) 3,243,213.31 - - - -

CASH FUNDS ACCOUNTS RECEIVABLE INVENTORY PREPAID PROPERTIES & EQUIPMENTS

(377,200.90) - - - (98,994.43) 3,299,505.70 - - - -

Income Tax Payable

(484,880.60) - - - (98,994.43) 3,265,885.32 - - -

Income Tax Payable

(603,035.97) - - - (98,994.43) 3,294,191.27 - - -

55,009.75 726,356.00 989,944.31 6,435.32 - - - - - - -

QUIPMENTS SALARIES & WAGES

EQUIPMENTS REGULAR / PROBATIONARIES SSS/HDMF/PHIC

- - - 728,792.17 15,000.00 1,292,528.13 - - - 89,479.20 23,134.50

SALARIES & WAGES - OPERATIONS

- - - 811,089.35 15,000.00 1,292,528.13 - - - 89,479.20 23,134.50

SALARIES & WAGES - OPERATIONS

- - - 862,158.80 15,000.00 1,320,719.23 - - - 92,133.60 23,723.22

SALARIES & WAGES - OPERATIONS

- - - 915,126.60 15,000.00 1,320,719.23 - - - 92,133.60 23,723.22

SALARIES & WAGES - OPERATIONS

- - - 973,574.06 15,000.00 1,320,719.23 - - - 92,133.60 23,723.22

17,311.50 - - 185,995.50 4,240.00 - - - 21,213.33 180,000.00 277,068.17

17,311.50 - - 185,995.50 - - - - 21,213.33 180,000.00 287,319.69

17,715.96 - - 190,123.90 4,409.60 - - - 21,213.33 180,000.00 297,950.52

17,715.96 - - 190,123.90 - - - - 21,213.33 180,000.00 308,974.69

17,715.96 - - 190,123.90 - - - - 21,213.33 180,000.00 320,406.75

994.09 3,999.00 32,794.00 5,172.00

994.09 3,999.00 - - - - - - - - 32,794.00 5,172.00

UTILITIES COMMUNICATIONS - OPERATIONS COMMUNICATIONS - ADMIN

Capital TRAININGS & ADVERTISING &

33,466.96 17,988.00 - - - - - - - - - 5,172.00

UTILITIES COMMUNICATIONS - OPERATIONS COMMUNICATIONS - ADMIN

WATER LANDLINE MOBILE INTERNET POSTAGE LANDLINE MOBILE INTERNET POSTAGE

34,705.24 18,707.52 - - - - - - - - - 5,378.88