KaPiging Restaurant

Projected Statement of Financial Position

As of December 31. 2019-2023
Note Year 0 2019 2020 2021 2022 2023
Asset
Current Asset
Cash 2,286,958 2,650,781 3,318,345 4,283,946 5,589,526 7,280,026
Inventory 1 25,921 25,767 25,611 25,443 25,286 25,126
Supplies 2 14,618 14,772 14,928 15,096 15,253 15,413
Total Current Asset 2,327,497 2,691,320 3,358,884 4,324,485 5,630,065 7,320,565

Non- Current Asset

Property Pla 3 172,503 155,253 138,002 120,752 103,502 86,252
Total Non-Current Asset 172,503 155,253 138,002 120,752 103,502 86,252

TOTAL ASSET 2,500,000 2,846,572 3,496,886 4,445,237 5,733,567 7,406,817

Liability and Partner's Equity

Liability
Trade and other Payable - - - - - -
Total Liability

Partner's Equity
Villaren 500,000 569,314 699,377 889,047 1,146,713 1,481,363
Alba 500,000 569,314 699,377 889,047 1,146,713 1,481,363
Delasan 500,000 569,314 699,377 889,047 1,146,713 1,481,363
Saludar 500,000 569,314 699,377 889,047 1,146,713 1,481,363
Villejo 500,000 569,314 699,377 889,047 1,146,713 1,481,363

TOTAL LIABILITY AND PARTNER'S EQUITY 2,500,000 2,846,572 3,496,886 4,445,237 5,733,567 7,406,817
 Ka Piging Restaurant
Projected Statement of Comprehensive Income
For the year ended December 31, 2019-2023
Notes 2019 2020 2021 2022 2023
Income
Revenue 4,000,000 4,452,000 4,955,076 5,515,000 6,138,195

Expenses
Adminstrative Expense 4

Salaries Expense 2,174,400 2,174,400 2,174,400 2,174,400 2,174,400

SSS Contribution 176,784 176,784 181,200 181,200 181,200
Philhealth 49,584 49,584 50,080 50,080 50,080
Pagibig 24,085 24,085 24,326 24,326 24,326
13th Month Pay 211,880 213,109 214,341 215,593 216,854
Rent Expense 240,000 240,000 240,000 240,000 240,000
kitchen supplies/equipments 117,522 119,872 122,270 124,715 127,210
Renovation 50,000 14,000 10,000 8,000 5,000
Depreciation 17,250 17,250 17,250 17,250 17,250
Advertising 12,000 - - - -
Office supplies 53,805 54,881 55,979 57,092 58,218
Uniform Expense 10,000 - - - -
Legal fees 10,443 10,443 10,443 10,443 10,443

Net Income Before Tax 852,246 1,357,591 1,854,787 2,411,900 3,033,214

30% 30% 30% 30% 30%
Tax Expense 255,674 407,277 556,436 723,570 909,964

Net Income after Tax 596,572 950,314 1,298,351 1,688,330 2,123,250

 declare nyo po paanu naachieve itong amount na to yearly expense and income po

at ito pa
at ito pa
di naman na dapat kasama to kasi nasa salary notes na to redundant na
ito din po

dapat nag babago po yearly ang depreciation use the straight line formula

office supplies expense po

isa ma nyo to sa budget summary wag sa income statement

di sya tax expense taxes lang talga dapat

 Projected Statement of Partner's Capital

For the year ended December 31, 2019-2023

2019 2020 2021 2022 2023

Beginning Balance
Villaren, Capital 500,000 569,314 699,377 889,047 1,146,713
Alba, Capital 500,000 569,314 699,377 889,047 1,146,713
Delasan, Capital 500,000 569,314 699,377 889,047 1,146,713
Saludar, Capital 500,000 569,314 699,377 889,047 1,146,713
Villejo, Capital 500,000 569,314 699,377 889,047 1,146,713
Total 2,500,000 2,846,572 3,496,886 4,445,237 5,733,567

Net Income
Villaren, Capital 119,314 190,063 259,670 337,666 424,650
Alba, Capital 119,314 190,063 259,670 337,666 424,650
Delasan, Capital 119,314 190,063 259,670 337,666 424,650
Saludar, Capital 119,314 190,063 259,670 337,666 424,650
Villejo, Capital 119,314 190,063 259,670 337,666 424,650
Total 596,572 950,314 1,298,351 1,688,330 2,123,250

Less Withdrawal
Villaren, Capital (50,000) (60,000) (70,000) (80,000) (90,000)
Alba, Capital (50,000) (60,000) (70,000) (80,000) (90,000)
Delasan, Capital (50,000) (60,000) (70,000) (80,000) (90,000)
Saludar, Capital (50,000) (60,000) (70,000) (80,000) (90,000)
Villejo, Capital (50,000) (60,000) (70,000) (80,000) (90,000)
Total Drawings (250,000) (300,000) (350,000) (400,000) (450,000)

Capital,Ending
Villaren, Capital 569,314 699,377 889,047 1,146,713 1,481,363
Alba, Capital 569,314 699,377 889,047 1,146,713 1,481,363
Delasan, Capital 569,314 699,377 889,047 1,146,713 1,481,363
Saludar, Capital 569,314 699,377 889,047 1,146,713 1,481,363
Villejo, Capital 569,314 699,377 889,047 1,146,713 1,481,363

Total 2,846,572 3,496,886 4,445,237 5,733,567 7,406,817

 Ka Piging Restaurant's ROI
2019-2023

2019 2020 2021 2022 2023

Income before tax 852,246 1,357,591 1,854,787 2,411,900 3,033,214
Total Assets 2,846,572 3,496,886 4,445,237 5,733,567 7,406,817

ROI 30% 39% 42% 42% 41%

0.3 0.39 0.42 0.42 0.41
Cash flow From Operating Activi 2019 2020 2021 2022 2023

Net Income 596,572 950,314 1,298,351 1,688,330 2,123,250

Add: Depreciation Expense 17,250 17,250 17,250 17,250 17,250
Total 613,823 967,564 1,315,601 1,705,580 2,140,500
Decrease in Inventory 25,921 (154) (156) (168) (157)
Decrease in Supplies 14,618 154 156 168 157
Increase in Liabilities - - - - -
Net Cash flow from operating act 573,284 967,564 1,315,601 1,705,580 2,140,500

Cash flows from Investing Activities

Machinery and Equipment 144,605 - - - -
Furniture's and Fixtures 27,898 - - - -
Net Cash flows from Investing Ac (172,503) - - - -

Cash flows from financing activit - - - - -

Capital 2,500,000
Withdrawal (250,000) (300,000) (350,000) (400,000) (450,000)
Total 2,250,000 (300,000) (350,000) (400,000) (450,000)

Add: Beg. Cash balance 2,650,781 3,318,345 4,283,946 5,589,526

Net Cash flow 2,650,781 3,318,345 4,283,946 5,589,526 7,280,026

Note 1 - Inventory
Year 0 2019 2020 2021 2022 2023
Pork 3,800 2,850 3,300 3,150 2,433 2,758
Grains 2,150 2,150 2,400 2,500 2,750 2,258
Pork liver 2,700 2,700 2,850 2,925 2,208 1,958
Tuna steak 5,500 5,500 5,600 4,169 4,908 2,033
Crab 5,500 4,876 4,587 5,600 4,858 4,708
Shrimp 2,560 2,560 2,800 2,999 3,728 3,616
Potatoes 120 120 135 990 1,005 3,518
Bangus 1,600 1,600 1,650 750 800 1,020
Carrots 180 100 275 300 325 850
Calamansi 100 1,600 300 330 340 350
Garlic 550 550 575 550 575 350
Onion 400 400 425 450 475 600
Pepper 37 37 50 60 200 400
Vinegar 117 117 120 120 120 40
Soy sauce 117 117 120 120 120 120
Sugar 110 110 224 230 240 120
Cooking oil 380 380 200 200 200 430
Total 25,921 25,767 25,611 25,443 25,286 25,126
Note 2 - Supplies
Year 0 2019 2020 2021 2022 2023
Bond papers 1,197 1,209 1,222 1,246 1,258 1,271
Ballpens 50 55 60 65 70 75
Stapler 99 102 105 107 109 111
Staple wire 78 80 82 84 86 88
Primter ink 4,196 4,238 4,280 4,323 4,366 4,410
fire extinguisher 8,998 9,088 9,179 9,271 9,364 9,458
14,618 14,772 14,928 15,096 15,253 15,413
Note 3 -Machinery and equipment

Kitchen Machinery
Depreciation Year 0 2019 2020 2021 2022 2023
Oven grills 979.8 9,798 8,818 7,838 6,859 5,879 4,899
Microwave oven 289.5 2,895 2,606 2,316 2,027 1,737 1,448
Flat grills 785.6 7,856 7,070 6,285 5,499 4,714 3,928
Barbeque grill 475.9 4,759 4,283 3,807 3,331 2,855 2,380
Exhaust fan 354.6 3,546 3,191 2,837 2,482 2,128 1,773
Large Rice cooker 649.90 6,499 5,849 5,199 4,549 3,899 3,250
Chest freezer 1,068.90 10,689 9,620 8,551 7,482 6,413 5,345
Refrigerator 1,329.50 13,295 11,966 10,636 9,307 7,977 6,648
59,337 53,403 47,470 41,536 35,602 29,669

Equipments
Depreciation Year 0 2019 2020 2021 2022 2023
Steel Cooking Stock Pot 264.90 2,649 2,384 2,119 1,854 1,589 1,325
Stainless Steel Kitchen Tool 32.50 325 293 260 228 195 163
Kitchen Knife Set 39.90 399 359 319 279 239 200
Spoon and Fork 99 990 891 792 693 594 495
Plates 76 760 684 608 532 456 380
Wooden Glass 380 3,800 3,420 3,040 2,660 2,280 1,900
Frying Pan 62.90 629 566 503 440 377 315
LPG Gas 949.20 9,492 8,543 7,594 6,644 5,695 4,746
Water dispenser 79.80 798 718 638 559 479 399
Juice dispenser 1,498.50 14,985 13,487 11,988 10,490 8,991 7,493
Printer 684.90 6,849 6,164 5,479 4,794 4,109 3,425
Vault 999.90 9,999 8,999 7,999 6,999 5,999 5,000
Cash Register 2,339.40 23,394 21,055 18,715 16,376 14,036 11,697
Laptop 1,019.90 10,199 9,179 8,159 7,139 6,119 5,100
85,268 76,741 68,214 59,688 51,161 42,634

Furniture's and Fixtures

Depreciation Year 0 2019 2020 2021 2022 2023
Ceiling Fan 239.70 2,397 2,157 1,918 1,678 1,438 1,199
wall Decorations 676 6,760 6,084 5,408 4,732 4,056 3,380
Table 214.80 2,148 1,933 1,718 1,504 1,289 1,074
Wall decors 676 6,760 6,084 5,408 4,732 4,056 3,380
Filing cabinet 348.70 3,487 3,138 2,790 2,441 2,092 1,744
Employee locker 634.60 6,346 5,711 5,077 4,442 3,808 3,173
27,898 25,108 22,318 19,529 16,739 13,949
Note 4- Administrative expense

2019 2020 2021 2022 2023

Salaries Expense 2,174,400 2,174,400 2,174,400 2,174,400 2,174,400
SSS Contribution 176,784 176,784 181,200 181,200 181,200
Philhealth 49,584 49,584 50,080 50,080 50,080
Pagibig 24,085 24,085 24,326 24,326 24,326
13th Month Pay 211,880 213,109 214,341 215,593 216,854
Rent Expense 240,000 240,000 240,000 240,000 240,000
kitchen supplies/equ 117,522 119,872 122,270 124,715 127,210
Renovation 50,000 14,000 10,000 8,000 5,000
Depreciation 17,250 17,250 17,250 17,250 17,250
Advertising 12,000 - - - -
Office supplies 53,805 54,881 55,979 57,092 58,218
Uniform Expense 10,000 - - - -
Legal fees 10,443 10,443 10,443 10,443 10,443

Total 3,147,754 3,094,409 3,100,289 3,103,100 3,104,981

Projected Inflows

Increase in Price Increase In demand

2019 4,000,000 0.06 0.05
2020 4,452,000 0.06 0.05
2021 4,955,076 0.06 0.05
2022 5,515,000 0.06 0.05
2023 6,138,195 0.06 0.05
Position Monthly Salary Annual Salary SSS Contribution PAGIBIG
ER EE Total ER EE Total
Manager 20,000 240,000 1,178.30 581.30 1,760 400.00 400.00 800
Marketing/ 18,000 216,000 1,178.30 581.30 1,760 320.00 320.00 640
Operation 16,000 192,000 1,178.30 581.30 1,760 320.00 320.00 640
Production 16,000 192,000 1,178.30 581.30 1,760 320.00 320.00 640
Counter 1 12,228 146,736 920.80 454.20 1,375 320.00 320.00 640
Counter 2 12,228 146,736 920.80 454.20 1,375 200.00 200.00 400
Counter 3 12,288 147,456 920.80 454.20 1,375 245.76 245.76 492
Head Chef 12,288 147,456 920.80 454.20 1,375 245.76 245.76 492
Kitchen 1 12,288 147,456 920.80 454.20 1,375 245.76 245.76 492
Kitchen 2 12,288 147,456 920.80 454.20 1,375 245.76 245.76 492
Kitchen 3 12,288 147,456 920.80 454.20 1,375 245.76 245.76 492
Crew 1 12,288 147,456 920.80 454.20 1,375 245.76 245.76 492
Crew 2 12,288 147,456 920.80 454.20 1,375 245.76 245.76 492
Crew 3 12,288 147,456 920.80 454.20 1,375 245.76 245.76 492
Security of 19,000 228,000 1,178.30 581.30 1,760 286.00 286.00 572
211,760 15,100 7,448.50 4132.08 4132.08
2541120

ITEM MONTHLY ANNUALLY

TOTAL OF 211,760.00 2,541,120.00
TOTAL ER 15,100.00 181,200.00 264,870.12 Employers Contribution
TOTAL ER 4,132.08 49,584.96
TOTAL ER 2,840.43 34,085.16
13TH MON 211,760.00 2,174,400.00
TOTAL SAL 445,592.51 4,980,390.12
 Philhealth 13th Month Pay
ER EE Total
275 275 550 20,000
220 220 440 18,000
220 220 440 16,000
220 220 440 16,000
220 220 440 12,228
137.5 137.5 275 12,228
168.96 168.96 338 12,288
168.96 168.96 338 12,288
168.96 168.96 338 12,288
168.96 168.96 338 12,288
168.96 168.96 338 12,288
168.96 168.96 338 12,288
168.96 168.96 338 12,288
168.96 168.96 338 12,288
196.25 196.25 393 19,000
2840.43 2840.43 211,760