Financial Statement

Best Case Scenario

General Assumption:

1. Net Sales is the projected sale if the price follow the single price per

product produced and it’s expected to increase in 20% annually.

2. 20% increase in the Cost of Sales parallel to the next sale annually.
3. There are 600 customers daily and expected to increase 10% every year.
4. Store Supplies expected to increase in 10% annually.
5. Rent Expense is pegged to increase at 5% per year.
6. Utilities expense expected to increase in 5% annually.
7. 5% increase in Salaries and Benefits every 3 years.
8. Advertising Cost is pegged to increase at 5% per year to maintain the

business name reputation.

9. Equipment and Furniture use sum of year’s depreciation method to

identify the expenses.

10. Salary of all personnel must be increase 2% annually. Or raise it based on

merit.

Costing
IKAW PO GAGAWA

Office Supplies

Particular Unit price Quantity Total Amount

Ball pen ₱8.00 45 ₱360.00

Pencil ₱8.00 35 ₱280.00
Log book ₱45.00 10 ₱450.00
Bond paper ₱142.00 30 packs ₱4,260.00
Thermal paper ₱2,300.00 50 ₱115,000.00
Box-(50rolls
per box)
Calculator ₱250.00 5 ₱1,250.00
Stapler set ₱120.00 5 ₱600.00
Puncher ₱115.00 3 ₱345.00
Scotch tape ₱10.00 50 ₱500.00
Total ₱123,45.00
Office Equipment

Particular Unit Price Quantity Total Amount

Office chair ₱3,800.00 1 ₱3,800.00
Office table ₱6,999.00 1 ₱6,999.00
Computer set ₱18,500.00 1 ₱18,500.00
Total ₱29,299.00

Furniture and Fixtures

Particular Unit Price Quantity Total Amount

Restaurant ₱469.00 64 ₱30,016.00

chair
Restaurant ₱845.00 12 ₱10,140.00
table
Kitchen cabinet ₱2,460.00 2 ₱4,920.00
Total ₱45,076.00

Repairs and Maintenance Supplies

Particular Unit Price Quantity Total Amount
Fluorescent light ₱159.00 60 ₱9,540.00
Fire extinguisher ₱1,500.00 3 ₱4,500.00
Cooking gas ₱650.00 28 ₱18,200.00
Grilling gas ₱210.00 85 ₱17,850.00
Cleaning towel ₱20.00 80 ₱1,600.00
Sponge and scrub ₱10.00 100 ₱1,000.00
Dish-washing liquid ₱120.00 20 ₱2,400.00
(1 galon)
Hand sanitizer ₱115.00 20 ₱2,300.00
(1 galon)
Powder soap ₱38.00 (1 kilo) 30 ₱1,140.00
Tissue towel ₱120.00 80 ₱9,600.00
(1 pack)
Toilet tissue ₱115.00 70 ₱8,050.00
(1 pack)
Toilet cleaner ₱95.00 60 ₱5,700.00
Toilet brush ₱50.00 6 ₱300.00
Mop ₱180.00 6 ₱1,080.00
Broom ₱80.00 6 ₱480.00
Dust pan ₱60.00 6 ₱360.00
Trash can ₱550.00 6 ₱3,300
Garbage bag ₱58.00 60 ₱3,480.00
(50pcs-1 pack)
Pail ₱80.00 4 ₱320.00
Water deeper ₱50.00 4 ₱200.00
 Total ₱91,400.00

Tools and Equipments

Particular Unit Price Quantity Total Amount

POS system ₱27,000.00 1 ₱27,000.00

CCTV camera ₱2,599.00 6 ₱15,594.00
Exhaust fan ₱850.00 2 ₱1,700.00
Air cooler ₱2,995.00 3 ₱8,985.00
Chest freezer ₱13, 900.00 2 ₱27,800.00
Refrigerator ₱24, 340.00 2 ₱48,680.00
Water dispenser
₱1,774.00 2 ₱3,548.00
Butane Stove ₱1,725.00 12 ₱20,700.00
Gas stove ₱1,255.00 3 ₱3,765.00
Rice cooker ₱3,800.00 2 ₱7,600.00
Flour mixer ₱1,795.00 2 ₱3,590.00
Ice crusher ₱950.00 2 ₱1,900.00
Weighing scale ₱1,250.00 2 ₱2,500.00
Ceiling speaker ₱1,940.00 2 ₱3,880.00
Dutch oven ₱350.00 5 ₱1,750.00
Pot pan ₱350.00 5 ₱1,750.00
Frying pan ₱350.00 6 ₱2,100.00
Sauce pan ₱350.00 5 ₱1,750.00
Colander ₱250.00 4 ₱1,000.00
Plate ₱50.00 75 ₱3,750.00
Bowl ₱30.00 75 ₱2,250.00
Spoon ₱10.00 80 ₱800.00
Fork ₱10.00 80 ₱800.00
Barbecue sticks ₱30.00 200 packs ₱6,000.00
Kitchen knife ₱550.00 2 sets ₱1,100.00
Egg slicer ₱50.00 5 ₱250.00
Grater ₱50.00 5 ₱250.00
Peeler ₱50.00 5 ₱250.00
Whisk ₱50.00 5 ₱250.00
Spatula ₱70.00 8 ₱560.00
₱70.00
Ladle ₱560.00
8
Tong ₱40.00 15 ₱600.00
Ice cream ₱60.00 3
₱180.00
scooper
Strainer ₱80.00 6 ₱480.00
Cups ₱12.00 60 ₱720.00
₱25.00 250
Plastic cups (15 oz) ₱6,250.00
(50 pcs)
₱25.00 250
Plastic cups (10 oz) ₱6,250.00
(50 pcs)
₱25.00 250
Plastic cups (5 oz) ₱6,250.00
(50 pcs)
Measuring cup ₱30.00 8 ₱240.00
Pitcher ₱80.00 20 ₱6,600.00
Juice container ₱550.00 6 ₱3,300.00
Bottle sauce ₱30.00 15 ₱450.00
Chopping board ₱80.00 5 ₱400.00
Straws ₱40.00 150packs ₱6,000.00
Pot holder ₱40.00 30 ₱1,200.00
Total ₱241,332.00

Salary
PERSONNEL DAILY MONTHLY YEARLY

RATE SALARY SALARY

 General manager/HR 800 20,800 249,600

Marketing/Financial Manager 750 19,500 234,000

PERSONNEL SSS PHILHEALTH( PAG-IBIG (ER) TOTAL
Production Manager(ER) 700 ER) 18,200 218,400
ER

MONTHLY YEARLY MONTHLY YEARLY

Cook 1 600 15,600MONTHLY YEARLY MONTHLY
187,200 YEARLY

General 1,600 19,200 286 3,432 416 4,992 2,302 27,624

Cook 2
manager/HR 600 15,600 187,200
Marketing/Financi 1,560 18,720 268.13 3,217.56 390 4,680 2,218.13 26,617.56
Kitchen Helper
al Manager 537 13,962 167,544

Cashier 1
Production 1,480 17,760 537 250.25 3,003 13,962364 4,368 167,544
2,094.25 25,131
Manager

Cashier 21
Cook 1,280 15,360 537 214.5 2,574 13,962312 3,744 167,544
1,806 21,678

Cook 2 1,280 15,360 214.5 2,574

Crew 1 537 13,962312 3,744 1,806
167,544 21,678

Kitchen Helper 1,120 13,440 192 2,304 279.24 3,350.88 1,591.24 19,094.88
Crew 2 537 13,962 167,544
Cashier 1 1,120 13,440 192 2,304 279.24 3,350.88 1,591.24 19,094.88
Crew 3
Cashier 2 1,120 13,440
537 192 2,304
13,962279.24 3,350.88
167,544
1,591.24 19,094.88

Security
CrewGuard
1 1,120 13,440 600 192 2,304 15,600279.24 3,350.88 187,200
1,591.24 19,094.88

Crew 2 1,120 13,440 192 2,304 279.24 3,350.88 1,591.24 19,094.88

Total 7,272 189,072 2,268,864
Crew 3 1,120 13,440 192 2,304 279.24 3,350.88 1,591.24 19,094.88

Security Guard 1,280 15,360 214.5 2,574 312 3,744 1,806 21,678

Total 15,200 182,400 2,599.74 31,196.88 3,781.44 45,377.28 21,580 258,976

Fringe Benefits
Utility Expenses

Utilities Name Per Month Per Year

Electricity 5,000 60,000
Water 10,000 120,000
Telephone and 2,000 24,000
Wifi
Total 17,000 204,000

Advertisements Expenses

Advertising Expenses Monthly Cost Yearly Cost

Flyers and Stamp 3,000 36,000
Tarpaulin 2,000 24,000
Tarpaulin with Stand 2000 24,000
Total 11,000 96,000

Renovation Cost

Renovation

Renovation 150,000

Rental Expense

Rent PER MONTH PER YEAR

Rent 8,000.00 96,000.00

Pre-Operating Expense

Legal Documents Rate

Bureau of Internal ₱ 630
Revenue (BIR)

Security Exchange
₱ 500
Commission (SEC)

Department of Trade and

Industry (DTI)
₱ 575

Mayor’s Permit ₱ 5,000

(Quezon City)
Barangay Clearance ₱ 500
(Business Permit)
Sanitary Permit ₱ 600

Total ₱7,805

Capital

Partners Ratio Invested Amount

25% ₱500,000
Marvin M. Dollente
25% ₱500,000
Gigi T. Ganza
25% ₱500,000
Jhon Jayson P. Gaor
25% ₱500,000
Judy Ann N. Opalia
 ₱2,000,000
Total