TOTAL PROJECTED COST

Fixed Asset/ Capital Investments

Building Improvements 250,000.00

Machines 223,140.00
Equipment 6,100.00
Furniture and Fixtures 26,143.00

Pre & Operating Expense

Permits and licenses 2,015.00
Advance rental (2 mos) 10,000.00
Rental Deposit ( 2mos) 10,000.00
Laundry Supplies 1,030.00

TOTAL 528,428.00
Add: 10% Contingency 52,842.80
TOTAL PROJECTED COST 581,270.80
 Dirt Busters Laundry Shop
Projected Cash Flow Statement
Five-Year Period
Pre-
Year 1 Year 2 Year 3 Year 4 Year 5
Operating
CASH INFLOWS:

Capital, beginning 581,270.80

Service Income 1,347,495.00 1,482,244.50 1,630,468.95 1,793,515.85 1,972,867.43

Total 581,270.80 1,347,495.00 1,482,244.50 1,630,468.95 1,793,515.85 1,972,867.43

CASH OUTFLOWS:

Building Improvements 250,000.00 - - - - -

Machines 223,140.00 - - - - -

Equipment 6,100.00 - - - - -

Furniture and Fixtures 26,143.00 - - - - -

Permits and licenses 2,015.00 2,216.50 2,438.15 2,681.97 2,950.16 3,245.18

Rental 10,000.00 110,000.00 132000.00 145200.00 159720.00 175692.00

Rental Deposit 10,000.00 0

Laundry Supplies 1,030.00 56,450.00 63228.00 69550.80 76505.88 84156.47

Salaries 192,000.00 192,000.00 192,000.00 201600 201600
Electricity 78000.00 82680.00 87640.80 92899.25 98473.20
Water 43200.00 45360.00 47628.00 50009.40 52509.87
Communications 12000.00 12000.00 12000.00 12000.00 12000.00
Income Tax
Miscellaneous 3000.00 3000.00 3000.00 3000.00 3000.00

Total 528,428.00 496,866.50 532,706.15 559,701.57 598,684.69 630,676.72

NET CASH FLOW 52,842.80 850,628.50 949,538.35 1,070,767.39 1,194,831.16 1,342,190.71

Add: Cash balance,
beginning 52,842.80 903,471.30 1,853,009.65 2,923,777.04 4,118,608.19

CASH BALANCE, END 52,842.80 903,471.30 1,853,009.65 2,923,777.04 4,118,608.19 5,460,798.90

 Dirt Busters Laundry Shop
Projected Income Statement
Five-Year Period

Year 1 % Year 2 % Year 3 % Year 4 % Year 5 %

Revenues

Service Income 1,347,495.00 100.00% 1,482,244.50 100.00% 1,630,468.95 100.00% 1,793,515.85 100.00% 1,972,867.43 100.00%

Operating Expenses
Permits and
licenses 4,231.50 0.31% 2,438.15 0.16% 2,681.97 0.16% 2,950.16 0.16% 3,245.18 0.16%

Rental 120,000.00 8.91% 132000.00 8.91% 145200.00 8.91% 159720.00 8.91% 175692.00 8.91%
Laundry
supplies 57,480.00 4.27% 63228.00 4.27% 69550.80 4.27% 76505.88 4.27% 84156.47 4.27%
Salaries 192,000.00 14.25% 192,000.00 12.95% 192,000.00 11.78% 201600.00 11.24% 201600.00 10.22%
Electricity 78000.00 5.79% 82680.00 5.58% 87640.80 5.38% 92899.25 5.18% 98473.20 4.99%
Water 43200.00 3.21% 45360.00 3.06% 47628.00 2.92% 50009.40 2.79% 52509.87 2.66%
Communications 12000.00 0.89% 12000.00 0.81% 12000.00 0.74% 12000.00 0.67% 12000.00 0.61%

Depreciation 68,519.94 5.08% 68,519.94 4.62% 68,519.94 4.20% 68,519.94 3.82% 68,519.94 3.47%
Miscellaneous 3000.00 0.22% 3000.00 0.20% 3000.00 0.18% 3000.00 0.17% 3000.00 0.15%

Total 578,431.44 42.93% 601,226.09 40.56% 628,221.51 38.53% 667,204.63 37.20% 699,196.66 35.44%

Net Income before Tax 769,063.56 57.07% 881,018.41 59.44% 1,002,247.45 61.47%% 1,126,311.22 62.80% 1,273,670.77 64.56%
Less: Income Tax 113,359.53 8.41% 170,703.68 11.52% 194,949.49 11.96% 219,762.24 12.25% 249,234.15 12.63%

NET INCOME 655,704.03 48.66% 710,314.73 47.92% 807,297.96 49.51% 906,548.97 50.55% 1,024,436.62 51.93%

RETURN ON
INVESTMENT 1.13 1.22 1.39 1.56 1.76
PAYBACK PERIOD
Annual Cash
Inflows

Net Income 655,704.03 710,314.73 807,297.96 906,548.97 1,024,436.62

Add:
Depreciation 68,519.94 68,519.94 68,519.94 68,519.94 68,519.94

TOTAL 724,223.97 778,834.67 875,817.90 975,068.91 1,092,956.56

Annual Cash Recovery of Equivalent

Year Inflows Investment in Years

1 724,223.97 581,270.53 1
2 778,834.67

3 875,817.90

4 975,068.91

5 1,092,956.56

Total 581,270.53 1
 Dirt Busters Laundry Shop
Projected Income Statement
Five-Year Period

Year 1 Year 2 Year 3 Year 4 Year 5

Revenues

Service Income 1,347,495.00 1,482,244.50 1,630,468.95 1,793,515.85 1,972,867.43

Operating Expense
Permits and
licenses 4,231.50 2,438.15 2,681.97 2,950.16 3,245.18

Rental 120,000.00 132000.00 145200.00 159720.00 175692.00

Laundry supplies 57,480.00 63228.00 69550.80 76505.88 84156.47

Salaries 192,000.00 192,000.00 192,000.00 201600.00 201600.00
Electricity 78000.00 82680.00 87640.80 92899.25 98473.20
Water 43200.00 45360.00 47628.00 50009.40 52509.87
Communications 12000.00 12000.00 12000.00 12000.00 12000.00

Depreciation 68,519.94 68,519.94 68,519.94 68,519.94 68,519.94

Miscellaneous 3000.00 3000.00 3000.00 3000.00 3000.00

Total 578,431.44 601,226.09 628,221.51 667,204.63 699,196.66

Net income Before Tax 769,063.56 881,018.41 1,002,247.45 1,126,311.22 1,273,670.77

Less: Income tax 113,359.53 170,703.68 194,949.49 219,762.24 249,234.15

NET INCOME 655,704.03 710,314.73 807,297.96 906,548.97 1,024,436.62

 RETURN ON
INVESTMENT 1.13 1.22 1.39 1.56 1.76

PAYBACK PERIOD
Annual Cash
Inflows
Net
Income 655,704.03 710,314.73 807,297.96 906,548.97 1,024,436.62
Add:
Depreciation 68,519.94 68,519.94 68,519.94 68,519.94 68,519.94

Total 724,223.97 778,834.67 875,817.90 975,068.91 1,092,956.56

Annual Cash Equivalent in

Year Inflows Recovery of Years
Investments
1 724,223.97 581,270.53 1
2 778,834.67

3 875,817.90

4 975,068.91

5 1,092,956.56

Total 581,270.53 1
 Dirt Busters Laundry Shop
Projected Balance Statement
Five-Year Period

Pre-Operating Year 1 Year 2 Year 3 Year 4 Year 5

ASSET

Current

Cash 67,359.78 230,608.28 396,549.18 587,423.95 792,719.95 1,025,477.77

Prepaid Expense 43,045.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00

TOTAL 110,404.78 250,608.28 416,549.18 607,423.95 812,719.95 1,045,477.77

Non-Current Assets
Building
Improvements 354,400.00 354,400.00 354,400.00 354,400.00 354,400.00 354,400.00
less: Accumulated
Deprn 15,000.00 30,000.00 45,000.00 60,000.00 75,000.00

354,400.00 339,400.00 324,400.00 309,400.00 294,400.00 279,400.00

Machines 223,140.00 223,140.00 223,140.00 223,140.00 223,140.00 223,140.00

less: Accumulated
Deprn 40,165.20 80,330.40 120,495.60 160,660.80 200,826.00

223,140.00 182,974.80 142,809.60 102,644.40 62,479.20 22,314.00

Equipment 8,331.00 8,331.00 8,331.00 8,331.00 8,331.00 8,331.00

less: Accumulated
Deprn 2,599.65 5,199.30 7,798.95 10,398.60 12,998.25
 8,331.00 5,731.35 3,131.70 532.05 (2,067.60) (4,667.25)
Furniture and
Fixtures 44,681.75 44,681.75 44,681.75 44,681.75 44,681.75 44,681.75
less: Accumulated
Deprn 8,042.72 16,085.43 24,128.15 32,170.86 40,213.58

44,681.75 36,639.03 28,596.32 20,553.61 12,510.89 4,468.18

TOTAL 630,552.75 564,745.18 498,937.62 433,130.06 367,322.49 301,514.93

TOTAL ASSETS 740,957.53 815,353.46 915,486.80 1,040,554.01 1,180,042.44 1,346,992.69

Liabilities and
Capital

Liabilities
Income Tax Payable - 9,159 14,527 19,513 22,398 27,890

Capital

Capital, beginning 740,957.53 740,957.53 815,353.46 915,486.80 1,040,554.01 1,180,042.44

Add: Net Income 65,236.54 85,606.67 105,553.77 117,090.75 139,060.20

Total Capital 740,957.53 806,194.07 900,960.13 1,021,040.57 1,157,644.75 1,319,102.64

TOTAL LIABILITIES AND CAPITAL 740,957.53 815,353.46 915,486.80 1,040,554.01 1,180,042.44 1,346,992.69
Schedule 1 Service Income

Month No. of Kilos Service Fee Amount

Washed

January 852 30.00 25,560.00

February 864 30.00 25,920.00

March 856 30.00 25,680.00

April 780 30.00 23,400.00

May 856 30.00 25,680.00

June 888 30.00 26,640.00

July 884 30.00 26,520.00

August 900 30.00 27,000.00

September 908 30.00 27,240.00

October 900 30.00 27,000.00

November 872 30.00 26,160.00

December 884 30.00 26,520.00

Total 10,444 313,320.00

 Other
Services
No. of Minimum of Price of
Month Total
Customers Kilos Service
Served Per Per
Month Service

January 3 29820.00
284 35.00
February 3 30660.00
292 35.00
March 3 30345.00
289 35.00
April 3 29610.00
282 35.00
May 3 31080.00
296 35.00
June 3 30660.00
292 35.00
July 3 31500.00
300 35.00
August 3 31920.00
304 35.00
September 3 33180.00
316 35.00
October 3 32760.00
312 35.00
November 3 33600.00
320 35.00
December 3 34860.00
332 35.00

Total 3,619 379995.00

TOTAL Service Income 693,315.00

Schedule 2 Permits & Licenses

DTI permit 515.00

Mayor's
permit 1,000.00

BIR 500.00

Total 2,015.00

Salaries & Employer's

Schedule 3 Share
No. Mo. Salary Annual
Salary

Manager 1 10,000.00 120000.00

Workers 2 4,800.00 115200.00

235,200.00
Schedule 4 Depreciation
Salvage
Acq. Cost Value Depreciable Estimated Annual
Item (10% of AC) Cost Useful Life Depr'n

Building Improvements 250,000.00 25,000.00 225,000.00 15 15,000.00

Machine 223,140.00 22,314.00 200,826.00 5 40,165.20
Equipment 1 1,277.00 127.70 1,149.30 2 574.65
Equipment 2 4,500.00 450.00 4,050.00 2 2,025.00
Furniture 1 44,681.75 4,468.18 40,213.58 5 8,042.72

Total 65,807.57

Schedule 5 Accumulated Depreciation

Item Yr 1 Yr 2 Yr 3 Yr 4 Yr 5

Building Improvements 15,000.00 30,000.00 45,000.00 60,000.00 75,000.00

Machine 40,165.20 80,330.40 120,495.60 160,660.80 200,826.00
Equipment
(1&2) 2,599.65 5,199.30 7,798.95 10,398.60 12,998.25
Furniture 8,042.72 16,085.43 24,128.15 32,170.86 40,213.58
Schedule 6 Income Tax
Yr 1 Yr 2 Yr 3 Yr 4 Yr 5

74,395.94 100,133.34 125,067.21 139,488.43 166,950.25

Fixed Tax 2,500 8,500 8,500 8,500 8,500

Tax on
Excess 6659.39 6026.67 11013.44 13897.69 19390.05

Total 9,159.39 14,526.67 19,513.44 22,397.69 27,890.05

 ASSUMPTIONS UNDERLYING PROJECTIONS

1 Service Income will increased by 7% per year.

2 Depreciation is computed using the straight line method.
3 Operating expenses will increase by 10% per annum.
4 Income tax for the year will be paid the following year.
5 Salaries and wages will increased by 5% per annum every after 3 years.
6 Permits and Licenses will increased by 10% per annum.
7 Electricity expense will increase by 6% per year.
8 Water expense will increase by 5% per year.
10 All sales are cash sales.
11 All purchases are cash purchases.
12 Miscellaneous expense are maintained 3,000 for 5 years.
13 Laundry Suplies will increase by 10% per year.