Projected Income Statement

Year 1
Sales 876,000.00
Less: Operating Expenses
Supplies Expense 17,658.00
Advertising Expense 4,200.00
Utilities Expense 15,000.00
Repairs and Maintenance 5,000.00
Salaries Expense 252,000.00
Depreciation Expense - Building 12,000.00
Depreciation Expense - Computer 225.00
Depreciation Expense – Air Conditioner 450.00
Depreciation Expense - CCTV 1,080.00
Depreciation Expense – Printer 404.28
Depreciation Expense – Car Barrier 2,400.00
Depreciation Expense – Wheel Stopper 1,080.00
Depreciation Expense – Cash register 177.00
Depreciation Expense - Table 60.00
Depreciation Expense - Chairs 36.00
Deprection Expense - Toilet Equipments 135.00
Total Operating Expense 311,905.28
Administrative Expense 6,600.00
Less: Total Operating and Administrative Expense 318,505.28
Gross Profit 557,494.72
Income Tax (30%) 167,248.42
Net Income 390,246.30

Projected Cash Flow Statement

Year 1

Cash Flows from Operating Activities

Cash received from clients 876,000.00
Payments for supplies 19,041.00
Payments for advertisement 8,400.00
Payments for utilities 15,000.00
Payments for repairs and maintenance 5,000.00
Payments for salaries 252,000.00
Payments for permits and licenses 6,600.00
Payments for income tax -
Net cash provided by (used in) operating activit 569,959.00

Cash Flows from Investing Activities

Payments to acquire Land 560,000.00
Payments to acquire Building 800,000.00
Payments to acquire Computer 5,000.00
Payments to acquire Air Conditioner 10,000.00
Payments to acquire CCTV 30,000.00
Payments to acquire Printer 8,984.00
Payments to acquire Car Barrier 40,000.00
Payments to acquire Wheel Stopper 18,000.00
Payments to acquire Cash Register 2,950.00
Payments to acquire Tables 1,000.00
Payments to acquire Chairs 600.00
Payments to acquire Toilet Equipments 3,000.00
Net cash provided by (used in) investing activit- 1,479,534.00

Cash Flows from Financing Activities

Cash received as investments by owners 1,520,000.00
Payments for withdrawals by owners 175,000.00
Net cash provided by (used in) financing activit 1,345,000.00

Net increase (decrease) in Cash 435,425.00

Cash at the beginning of the period -
Cash at the end of the period 435,425.00

Projected Statement of Financial Position

Year 1
Current Assets:
Cash 435,425.00
Supplies 1,383.00
Prepaid Advertising 4,200.00
Total Current Assets 441,008.00

Noncurrent Assets
Land 560,000.00
Building 788,000.00
Computer 4,775.00
Air Conditioner 9,550.00
CCTV 28,920.00
Printer 8,579.72
Car Barrier 37,600.00
Wheel Stopper 16,920.00
Cash Register 2,773.00
Tables 940.00
Chairs 564.00
Toilet Equipments 2,865.00
Total Noncurrent Assets 1,461,486.72
Total Assets 1,902,494.72
Liabilities and Partners Capital
Current Liability:
Income Tax Payable 167,248.42
Total Current Liability 167,248.42

Partner's Equity
Diaz, Capital 347,049.26
Reyes J, Capital 347,049.26
Valencia, Capital 347,049.26
Reyes A, Capital 347,049.26
Camalig, Capital 347,049.26
Total Partner's Capital 1,735,246.30
Total Liabilities and Partner's Capital 1,902,494.72

Projected Statement of Changes i

Year 1 Diaz
Beginning Balance 304,000.00
Add: Share in Net Income 78,049.26
Total 382,049.26
Less: Withdrawal 35,000.00
Partner's Equity 347,049.26

Year 2 Diaz
Beginning Balance 347,049.26
Add: Share in Net Income 78,178.90
Total 425,228.16
Less: Withdrawal 45,000.00
Partner's Equity 380,228.16

Year 3 Diaz
Beginning Balance 380,228.16
Add: Share in Net Income 78,172.60
Total 458,400.76
Less: Withdrawal 55,000.00
Partner's Equity 403,400.76

Year 4 Diaz
Beginning Balance 403,400.76
Add: Share in Net Income 78,027.56
Total 481,428.32
Less: Withdrawal 65,000.00
Partner's Equity 416,428.32
Year 5 Diaz
Beginning Balance 416,428.32
Add: Share in Net Income 78,007.40
Total 494,435.72
Less: Withdrawal 75,000.00
Partner's Equity 419,435.72

Return on Equity
Year 1
Beginning Interest 1,520,000.00
Add: Partner's Capital Ending 1,735,246.30
Total 3,255,246.30
Divided by 2
Average Equity 1,627,623.15

Net Income 390,246.30

Return on Investment 23.98%

Investment 1,520,000.00
Less: Net Income for Year 1 390,246.30
Difference 1,129,753.70
Less: Net Income for Year 2 390,894.50
Difference 738,859.19
Less: Net Income for Year 3 390,863.00
Difference 347,996.19
Less: Net Income for Year 4 390,137.80
Remaining Balance - 42,141.62
Divided by: Net Income for Year 5 390,037.00
Percentage of Balance for Year 5 0.11
Multiply to 12 months 12
Equivalent Month of Remaining Balance 1.30
Payback Period

Schedule of Sales
Slots
Year 1 40
Year 2 40
Year 3 40
Year 4 40
Year 5 40

Gross Profit: Service Revenues Ratio

Year 1
Gross Profit 557,494.72
Divided by: Service Revenues 876,000.00
Gross Profit: Service Revenues Ratio 64%

Net Income: Service Revenue Ratio

Year 1
Net Income 390,246.30
Divided by: Service Revenues 876,000.00
Net Income: Service Revenues Ratio 45%
ed Income Statement
Year 2 Year 3 Year 4 Year 5
876,000.00 876,000.00 876,000.00 876,000.00

17,892.00 17,937.00 18,973.00 19,117.00

4,200.00 4,200.00 4,200.00 4,200.00
15,000.00 15,000.00 15,000.00 15,000.00
5,000.00 5,000.00 5,000.00 5,000.00
252,000.00 252,000.00 252,000.00 252,000.00
12,000.00 12,000.00 12,000.00 12,000.00
225.00 225.00 225.00 225.00
450.00 450.00 450.00 450.00
1,080.00 1,080.00 1,080.00 1,080.00
404.28 404.28 404.28 404.28
2,400.00 2,400.00 2,400.00 2,400.00
1,080.00 1,080.00 1,080.00 1,080.00
177.00 177.00 177.00 177.00
60.00 60.00 60.00 60.00
36.00 36.00 36.00 36.00
135.00 135.00 135.00 135.00
312,139.28 312,184.28 313,220.28 313,364.28
5,440.00 5,440.00 5,440.00 5,440.00
317,579.28 317,624.28 318,660.28 318,804.28
558,420.72 558,375.72 557,339.72 557,195.72
167,526.22 167,512.72 167,201.92 167,158.72
390,894.50 390,863.00 390,137.80 390,037.00

d Cash Flow Statement

Year 2 Year 3 Year 4 Year 5

876,000.00 876,000.00 876,000.00 876,000.00

18,993.00 19,441.00 19,540.00 19,328.00
8,400.00 8,400.00
15,000.00 15,000.00 15,000.00 15,000.00
5,000.00 5,000.00 5,000.00 5,000.00
252,000.00 252,000.00 252,000.00 252,000.00
5,440.00 5,440.00 5,440.00 5,440.00
167,248.42 167,526.22 167,512.72 167,201.92
412,318.58 403,192.78 411,507.28 403,630.08
 225,000.00 275,000.00 325,000.00 375,000.00
- 225,000.00 - 275,000.00 - 325,000.00 - 375,000.00

187,318.58 128,192.78 86,507.28 28,630.08

435,425.00 622,743.58 750,936.37 837,443.65
622,743.58 750,936.37 837,443.65 866,073.74

atement of Financial Position

Year 2 Year 3 Year 4 Year 5

622,743.58 750,936.37 837,443.65 866,073.74

2,484.00 3,988.00 4,555.00 4,766.00
4,200.00 4,200.00
625,227.58 759,124.37 841,998.65 875,039.74

560,000.00 560,000.00 560,000.00 560,000.00

776,000.00 764,000.00 752,000.00 740,000.00
4,550.00 4,325.00 4,100.00 3,875.00
9,100.00 8,650.00 8,200.00 7,750.00
27,840.00 26,760.00 25,680.00 24,600.00
8,175.44 7,771.16 7,366.88 6,962.60
35,200.00 32,800.00 30,400.00 28,000.00
15,840.00 14,760.00 13,680.00 12,600.00
2,596.00 2,419.00 2,242.00 2,065.00
880.00 820.00 760.00 700.00
528.00 492.00 456.00 420.00
2,730.00 2,595.00 2,460.00 2,325.00
1,443,439.44 1,425,392.16 1,407,344.88 1,389,297.60
2,068,667.02 2,184,516.53 2,249,343.53 2,264,337.34
 167,526.22 167,512.72 167,201.92 167,158.72
167,526.22 167,512.72 167,201.92 167,158.72

380,228.16 403,400.76 416,428.32 419,435.72

380,228.16 403,400.76 416,428.32 419,435.72
380,228.16 403,400.76 416,428.32 419,435.72
380,228.16 403,400.76 416,428.32 419,435.72
380,228.16 403,400.76 416,428.32 419,435.72
1,901,140.81 2,017,003.81 2,082,141.62 2,097,178.62
2,068,667.02 2,184,516.53 2,249,343.53 2,264,337.34

cted Statement of Changes in Equity

Reyes J Valencia Reyes A Camalig Total
304,000.00 304,000.00 304,000.00 304,000.00 1,520,000.00
78,049.26 78,049.26 78,049.26 78,049.26 390,246.30
382,049.26 382,049.26 382,049.26 382,049.26 1,910,246.30
35,000.00 35,000.00 35,000.00 35,000.00 175,000.00
347,049.26 347,049.26 347,049.26 347,049.26 1,735,246.30

Reyes J Valencia Reyes A Camalig Total

347,049.26 347,049.26 347,049.26 347,049.26 1,735,246.30
78,178.90 78,178.90 78,178.90 78,178.90 390,894.50
425,228.16 425,228.16 425,228.16 425,228.16 2,126,140.81
45,000.00 45,000.00 45,000.00 45,000.00 225,000.00
380,228.16 380,228.16 380,228.16 380,228.16 1,901,140.81

Reyes J Valencia Reyes A Camalig Total

380,228.16 380,228.16 380,228.16 380,228.16 1,901,140.81
78,172.60 78,172.60 78,172.60 78,172.60 390,863.00
458,400.76 458,400.76 458,400.76 458,400.76 2,292,003.81
55,000.00 55,000.00 55,000.00 55,000.00 275,000.00
403,400.76 403,400.76 403,400.76 403,400.76 2,017,003.81

Reyes J Valencia Reyes A Camalig Total

403,400.76 403,400.76 403,400.76 403,400.76 2,017,003.81
78,027.56 78,027.56 78,027.56 78,027.56 390,137.80
481,428.32 481,428.32 481,428.32 481,428.32 2,407,141.62
65,000.00 65,000.00 65,000.00 65,000.00 325,000.00
416,428.32 416,428.32 416,428.32 416,428.32 2,082,141.62
 Reyes J Valencia Reyes A Camalig Total
416,428.32 416,428.32 416,428.32 416,428.32 2,082,141.62
78,007.40 78,007.40 78,007.40 78,007.40 390,037.00
494,435.72 494,435.72 494,435.72 494,435.72 2,472,178.62
75,000.00 75,000.00 75,000.00 75,000.00 375,000.00
419,435.72 419,435.72 419,435.72 419,435.72 2,097,178.62

on Equity
Year 2 Year 3 Year 4 Year 5
1,735,246.30 1,901,140.81 2,017,003.81 2,082,141.62
1,901,140.81 2,017,003.81 2,082,141.62 2,097,178.62
3,636,387.11 3,918,144.62 4,099,145.43 4,179,320.24
2 2 2 2
1,818,193.56 1,959,072.31 2,049,572.71 2,089,660.12

390,894.50 390,863.00 390,137.80 390,037.00

21.50% 19.95% 19.04% 18.67%

Payback (months)

12.00

12.00

12.00

1.00
37.00

Price Total Sales

60.00 876,000.00
60.00 876,000.00
60.00 876,000.00
60.00 876,000.00
60.00 876,000.00

Year 2 Year 3 Year 4 Year 5

 558,420.72 558,375.72 557,339.72 557,195.72
876,000.00 876,000.00 876,000.00 876,000.00
64% 64% 64% 64%

Year 2 Year 3 Year 4 Year 5

390,894.50 390,863.00 390,137.80 390,037.00
876,000.00 876,000.00 876,000.00 876,000.00
45% 45% 45% 45%
 Fixed Capital Asset
Land 560,000
Building 800,000
Equipment 119,534
Total 1,479,534
Pre-Operating Expenses
Advertising Expense 8,400
Administrative Expen 6,600
Total 15,000
Working Capital
Office Supplies 19,041
Total 19,041
Total Projected Cost 1,513,575

Sources of Financing
Name Amount
Bryan Carl G. Diaz 304,000
Jane Reyes 304,000
Judith Valencia 304,000
Agar Reyes 304,000
Aeron Camalig 304,000
Total 1,520,000.00
 Breakeven Analysis

Year 1 Year 2
Total
Sales 4,380,000.00
Variable Costs -
Fixed Costs 1,591,173.40

Cost of Services 318,505.28 317,579.28

Less: Fixed Costs
Supplies Expense 17,658.00 17,892.00
Advertising Expense 4,200.00 4,200.00
Utilities Expense 15,000.00 15,000.00
Repairs and Maintenance 5,000.00 5,000.00
Salaries Expense 252,000.00 252,000.00
Depreciation Expense 18,047.28 18,047.28
Total Operating Expense 311,905.28 312,139.28
Administrative Expense 6,600.00 5,440.00
Total Fixed Cost 318,505.28 317,579.28
Variable Cost

Price per Unit 60 60

Variable Cost per Unit
Contribution Margin per Unit 60 60
 Year 3 Year 4 Year 5

317,624.28 318,660.28 318,804.28

17,937.00 18,973.00 19,117.00

4,200.00 4,200.00 4,200.00
15,000.00 15,000.00 15,000.00
5,000.00 5,000.00 5,000.00
252,000.00 252,000.00 252,000.00
18,047.28 18,047.28 18,047.28
312,184.28 313,220.28 313,364.28
5,440.00 5,440.00 5,440.00
317,624.28 318,660.28 318,804.28
-

60 60 60
-
60 60 60
 Beginning Purchased Used End
Year 1 - ### ### ###
Year 2 1,383.00 ### ### ###
Year 3 2,484.00 ### ### ###
Year 4 3,988.00 ### ### ###
Year 5 4,555.00 ### ### ###
 Qty Unit Cost Total Cost Residual ValueUseful Life
Building 1 800,000 800,000 80,000 60
Computer 1 5,000 5,000 500 20
Air Conditioner 1 10,000 10,000 1,000 20
CCTV 5 6,000 30,000 3,000 25
Printer 1 8,984 8,984 898 20
Car Barrier 2 20,000 40,000 4,000 15
Wheel Stopper 40 450 18,000 1,800 15
Cash Register 1 2,950 2,950 295 15
Table 1 1,000 1,000 100 15
Chairs 4 150 600 60 15
Toilet Equipment 1 3,000 3,000 300 20
58 857,534 119,534 11,953
 Year 1 Year 2 Year 3
Accum Dep Book Value Accum Dep Book Value Accum Dep Book Value
12,000 788,000 24,000 776,000 36,000 764,000
225 4,775 450 4,550 675 4,325
450 9,550 900 9,100 1,350 8,650
1,080 28,920 2,160 27,840 3,240 26,760
404 8,580 809 8,175 1,213 7,771
2,400 37,600 4,800 35,200 7,200 32,800
1,080 16,920 2,160 15,840 3,240 14,760
177 2,773 354 2,596 531 2,419
60 940 120 880 180 820
36 564 72 528 108 492
135 2,865 270 2,730 405 2,595
18,047 901,487 36,095 883,439 54,142 865,392
 Year 4 Year 5
Accum Dep Book Value Accum Dep Book Value
48,000 752,000 60,000 740,000
900 4,100 1,125 3,875
1,800 8,200 2,250 7,750
4,320 25,680 5,400 24,600
1,617 7,367 2,021 6,963
9,600 30,400 12,000 28,000
4,320 13,680 5,400 12,600
708 2,242 885 2,065
240 760 300 700
144 456 180 420
540 2,460 675 2,325
72,189 847,345 90,236 829,298