ABC Company

Projected Statement of Financial Position

December 31, 2014 to 2018
2014

Assets
Cash 19,895,038
Accounts Receivable 600,000 600,000
Allowance for Bad Debts
Other Receivables -
Inventories -
Office Supplies -
Prepaid Rent -
Prepaid Insurance -
Total current assets 20,495,038
Land 3,000,000
Building 4,000,000
Accumulated depreciation (150,000) 3,850,000
Machineries & Equipment 3,000,000
Accumulated depreciation (300,000) 2,700,000
Other non-current asset
Total non-current assets 9,550,000
Total Assets 30,045,038
Liabilities
Accounts Payable -
Notes Payable -
Withholding tax payable 50,000
SSS Contributions payable 11,700
Philhealth contributions payable 5,200
Pag-ibig contributions payable 5,200
Output tax payable 72,000
Accrued Business Taxes Payable 36,996
Income Taxes payable 341,409
Dividends Payable 3,000,000
Interest payable -
Unearned revenues -
CP - LTD -
Total current liabilities 3,522,505
Bonds Payable -
Mortgage Payable -
Total non-current liabilities -
Total liabilities 3,522,505
Shareholders' Equity
Ordinary Share (Authorized shares) 25,000,000
Share Premium -
Retained Earnings (98,036)
 Total Shareholders' Equity 24,901,964
Total liabilities and shareholders' equity 28,424,469
1,620,569
any
Financial Position
14 to 2018
2015 2016 2017 2018

23,567,860 26,407,850 30,609,062 36,350,350

600,000.00 600,000.00 600,000.00 600,000.00

- - - -

24,167,860 27,007,850 31,209,062 36,950,350

3,000,000 3,000,000 3,000,000 3,000,000
4,000,000 4,000,000 4,000,000 4,000,000
(300,000) (450,000) (600,000) (750,000)
3,000,000 3,000,000 3,000,000 3,000,000
(600,000) (900,000) (1,200,000) (1,500,000)

9,100,000 8,650,000 8,200,000 7,750,000

33,267,860 35,657,850 39,409,062 44,700,350
(5,000,110.63) (9,577,821.76) (15,553,346.89) (23,108,237.25)
- - - -

50,000 50,000 50,000 50,000

11,700 11,700 11,700 11,700
5,200 5,200 5,200 5,200
5,200 5,200 5,200 5,200
79,200.00 87,120.00 95,832.00 105,415.20
37,000 37,000 37,000 37,000
334,472.00 330,403.25 326,039.75 321,353.00
5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00

5,522,772 5,526,623 5,530,972 5,535,868

- - - -
5,522,772 5,526,623 5,530,972 5,535,868

25,000,000 25,000,000 25,000,000 25,000,000

(2,255,023.00) (4,446,595.00) (6,675,257.00) (8,943,755.80)

22,744,977 20,553,405 18,324,743 16,056,244
28,267,749 26,080,028 23,855,715 21,592,112
5,000,111 9,577,822 15,553,347 23,108,237