FINANCIAL PLAN

1. BUDGET for ICECHEN LAYER

RAW MATERIALS
PRICE PER
ITEMS UNIT QUANTITY TOTAL
(UNIT PER
(RM) MONTH) (RM)
Cendol 2.90 40 packet 116.00
Milk 4.50 48 box 216.00
Caramel 14.19 4 bottle 56.76
Chocolate 23.00 8 bottle 184.00
Ice cube 4.00 40 packet 160.00
Peanut- Pistachio / Almond 56.00 4 packet 224.00

Additional:-
Lychee 2.80 96 tin 268.80
Mata Kucing 3.90 96 tin 374.40
Mango - 4 carton 152.00

Packaging:-
Cup (Medium) (100pcs) 14.00 20 packet 280.00
Cup (Big) (100pcs) 12.00 20 packet 240.00
Large Straw (50 pcs) 6.00 40 packet 240.00
Plastic (500 Gram) 16.50 16 packet 264.00
Total 2775.96
Marketing Budget
Monthly Expenditure
Items Fixed Asset (RM) (RM)
Poster 100.00
Other Promotional
Activities 700.00

Operational Budget
Monthly Expenses
Items (RM)
Raw Materials 2775.96
Other Expenditure 2460.00
Total 5235.96

Machinery and
Equipment
Items Quantity Total
Milk Steamer 1 250.00
Refrigerator 1 1599.00
Working Table 1 799.00
Spoon and Gloves - 3000.00
Van 1 12000.00
Office Equipment - 5000.00
Total 22648.00
Other Expenditure
Monthly Expenditure Other Expenditure
Items (RM) (RM)
Rent Kiosk 1500.00
SSM 120.00
License 60.00
Utilities 500.00
Repair and Maintenance 400.00
Total 2460.00 120.00

Wages and Salary

No. of Monthly EPF Contribution SOCSO
Items Employee Salary (12%) (2%) Amount
(RM) (RM) (RM) (RM)
Manager 1 1 1300.00 156.00 26.00 1482.00
Manager 2 1 1300.00 156.00 26.00 1482.00
Workers 3 1000.00 120.00 20.00 3420.00
Total 6384.00
 2. Income Statement for the Year 2017,2018 and 2019 (ICECHEN LAYER)

Pro Forma Income Statement For Year 2017,2018 and 2019

ICECHEN
LAYER
2017 2018 2019
sales 120 000.00 123,600.00 131,016.00
(-) Cost of Production
Materials 2,775.96 2,859.24 2,945.02
Labor 6,384.00 7,384.00 7,384.00
Gross Profit 9,159.96 10,243.24 10,329.02

(-) Admin and Marketing Exp.

Admin salary 35,568.00 35,568.00 35,568.00
Worker salary 41,040.00 41,040.00 41,040.00
Utility 500.00 600.00 700.00
Total Admin and Marketing Exp. 77,108.00 77,208.00 77,308.00
Net Income 337,332.04 361,427.76 43,378.98

Note:

1) The 2nd year annual forecast, the sales has been increased 3% from the first year total sales
2) The 3rd year annual forecast, the sales has been increased 6% from the first year total sales
 3. Sale Forecast for the 2017,2018 and 2019 (ICECHEN LAYER)

2017 2018 2019

(RM) (RM) (RM)
January 110,000 113300 116600
February 112,000 115360 118720
March 114,000 117420 120840
April 113,000 116390 119780
May 115,000 118450 121900
June 115,500 118965 122430
July 116,000 119480 122960
August 116,000 119480 122960
September 117,000 120510 124020
October 118,000 121540 125080
November 119,000 122570 126140
December 120,000 123600 127200

Note:

1) For the 1st year, our sales forecast is increased by monthly which is for the end of the year
we have target for RM120, 000 for our sales. This is because of the customer start aware
about the product. As for this, our demand for this product will increased in market and
also will increased in our sales.
 2) 2nd year annual forecast based on increased 3% for the year.

2nd year annual forecast based on increased 3% for the year.

3% x RM 120,000 = RM 3,600

RM 120,000 + 3,600= RM 12,3600

For the second year annual forecast, our sales has been increased 3% form the 1st year total sales.
Our sales has gained profit RM3600 form the 1st year and the end of the year, we get RM12, 3600
for our 2nd year sales.

3) 3rd year annual forecast based on increased 3% for the year.

3rd year annual forecast based on increased 3% for the year.

6% x RM 120,000 = RM 7,200

RM 120,000 + 7,200= 127,200

For the third year annual forecast, our sales has been increased 6% form the 1st year total sales.
The sales increased by RM7,200 from the first year and the total for the 3rd year is RM127,200.