SHEET 1: PROJECTIONS

INCOME AND EXPENSES PROJECTIONS

2,019 2,020 2,021 2,022
Sales 10,000 12,000 15,600 18,720
% Growth over the previous year 0 0 0

Materials 1,700 2,040 2,652 3,182

Wages 1,400 1,680 2,184 2,621
Other benefits 210 252 328 393
Others 100 108 117 126

Total Cost of Goods Sold

Gross Profit

Salary: Office 1,000 1,100 1,210 1,331

Salary: Sales 800 960 1,248 1,498
Other Benefits 306 350 418 481
Advertising & Promotions 250 300 390 468
Depreciation 20 20 20 20
Miscellaneous 10 20 30 40

Total Operating Costs

Interest on Loans 10 10 10 10

Before Tax Income

Tax

Profit
 2,023
20,592
0

3,501
2,883
432
136

1,464
1,647
529
515
20
50

10
SHEET 2: SCHEDULES

Schedule 1:
2019 2020 2021 2022 2023
Sales 10,000 12,000 15,600 18,720 20,592

Schedule 2:
2019 2020 2021 2022 2023
Materials 1,700 2,040 2,652 3,182 3,501

Schedule 3:
2019 2020 2021 2022 2023
Wages 1,400 1,680 2,184 2,621 2,883

Schedule 4:
2019 2020 2021 2022 2023
Other benefits 210 252 328 393 432

Schedule 5:
2019 2020 2021 2022 2023
Others 100 108 117 126 136

Schedule 6:
2019 2020 2021 2022 2023
Salary: Office 1,000 1,100 1,210 1,331 1,464

Schedule 7:
2019 2020 2021 2022 2023
Salary: Sales 800 960 1,248 1,498 1,647

Schedule 8:
2019 2020 2021 2022 2023
Other Benefits 306 350 418 481 529

Schedule 9:
2019 2020 2021 2022 2023
Advertising & Promotion 250 300 390 468 515

Schedule 10:
2019 2020 2021 2022 2023
Depreciation 20 20 20 20 20

Schedule 11:
 2019 2020 2021 2022 2023
Miscellaneous 10 20 30 40 50

Schedule 12:
2019 2020 2021 2022 2023
Interest on Loans 10 10 10 10 10

Schedule 13:
2019 2020 2021 2022 2023
Tax 1,258 1,548 2,098 2,565 2,821
 2019 2020 2021 2022 2023
Total Cost of Good Sold 3,410 4,080 5,280 6,322 6,952

2019 2020 2021 2022 2023

Gross Profit 6,590 7,920 10,320 12,398 13,640
 2019 2020 2021 2022 2023
Total Operating Costs 2,386 2,750 3,316 3,837 4,225

2019 2020 2021 2022 2023

Before Tax Income 4,194 5,160 6,994 8,550 9,405