Land and Building Quantity Cost Total Cost

Land 1 3,500,000.00 3,500,000.00

Buildings - 1,986,349.69 1,986,349.69
Total 5,486,349.69

Equipment Quantity Cost Total Cost

Paintball package* basket 80 15,000.00 1,200,000.00
price
Paintball Armor 80 500.00 40,000.00
Office Computer 2 15,000.00 30,000.00
Projector 1 10,000.00 10,000.00
Radio 4 300.00 1,200.00
Printer 2 10,000.00 20,000.00
Air conditioner 2 18,000.00 36,000.00
Transportation Vehicle 1 120,000.00 120,000.00
Total 1,457,200.00

Furnitures & Fixtures Quantity Cost Total Cost

Office Seat - Plastic Chairs 4 200.00 800.00
Office Seat - Office Chairs 4 670.00 2,680.00
Office Desk 2 1,500.00 3,000.00
Cabinet 1 3,000.00 3,000.00
Whiteboard 1 1,000.00 1,000.00
Total 10,480.00

Supplies Quantity Cost Total Cost

Paintball bullets 2628 2,700.00 7,095,600.00
15 oz CO2 gas 25,000 90.00 2,250,000.00
Ball pen 20 7.00 140.00
Tissue 10 15.00 150.00
Alcohol 4 40.00 160.00
Powder soap 40 5.00 200.00
Brush 3 20.00 60.00
Recording Book 4 24.00 96.00
Feel-tip pen 3 50.00 150.00
Ink - Feel-tip pen 2 72.00 144.00
Ink – Printer 8 140.00 1,120.00
Folders 12 5.00 60.00
Calculator 4 565.00 2,260.00
Extension Wire 2 100.00 200.00
Bond paper 3 110.00 330.00
Wallclock 1 50.00 50.00
Hose 2 200.00 400.00
Dust Pan 2 30.00 60.00
Brooms 5 40.00 200.00
Official Receipts 20 50.00 1,000.00
Stapler 2 35.00 70.00
Staple 5 10.00 50.00
Total 9,352,500.00
 START-UP ASSET SCHEDULE
SHORTERM ASSETS
*Start-up Cash Requirement ###
SUBTOTAL 3,987,444.65
CAPITAL ASSETS
Equipment ###
Furniture and Fixtures 10,480.00
Building ###
Land ###
SUBTOTAL 6,954,029.69
TOTAL WORKING CAPTIAL ###
Contingency Fund (5%) 547,073.72
TOTAL PROJECT COST ###
 SUMMARY OF NECESSARY EXPENSES @ START - UP
ITEM PERIOD COVERED AMOUNT
Permits and Licenses 6 mo 7,988.75
Salaries & Wages 6 mo 655,590.00
Supplies 4 mo 3,117,500.00
Utilities Expense 6 mo 90,244.00
Advertising Expense 6 mo 10,750.00
Revolving Fund 1 mo 100,000.00
Employee benefits 6 mo 5,371.90
TOTAL 3,987,444.65
 Underlying Assumptions
Initial Investment of Partners Share in NI No.
Partner1 3,500,000.00 30% 1
Partner2 1,597,709.61 14% 2
Partner3 1,597,709.61 14% 3
Partner4 1,597,709.61 14% 4
Partner5 1,597,709.61 14% 5
Partner6 1,597,709.61 14% 6
Total 11,488,548.05 100% 7
8
9
10
Underlying Assumptions
Description Change Rate Base/Method Period
Depreciation Straight line Annually
Salvage Value 20% Book Value Annually
Permits and Licenses increase 1% Base year Annually
Supplies Increase 2% Base year/Expense method Annually
Advertising Expense increase 5% Base year Annually
Utilities Expense increase 2% Base year Annually
Employee benefits expensincrease 1% Base year Annually
Salaries increase 2% Base year Annually
Withdrawals of Partners 50% Net income Annually
Contingency Cost 5% Working Capital
 PERMITS AND LICENSES SCHEDULE (ONE TIME)
DESCRIPTION AMOUNT
Baranggay Clearance 50.00
Community Tax 125.00
Environmental Fee 100.00
Mayor's Permit 300.00

Application Fee 25.00

Inspection Fee 100.00

Business Permit 1,192.50

Police Permit 100.00
Fire Department and Safety 125.00
Building Permit 145.00
BIR 500.00
DTI 11,915.00
Medical Fee 300.00
Ocupational Fee (10 employees @ P10 1,000.00
TOTAL ₱ 15,977.50

SALARY WITH 13TH MONTH PAY SCHEDULE

Number of Salary 13TH MONTH
Position
Employees Daily Monthly Yearly PAY
Manager 1 400 12,000.00 144,000.00 12,000.00
Receptionist 1 311 9,330.00 111,960.00 9,330.00
Operation Staff 5 350 10,500.00 126,000.00 10,500.00
Cashier 1 311 9,330.00 111,960.00 9,330.00
Utility Crew 2 295 8,850.00 106,200.00 8,850.00
TOTAL 600,120.00
 Salaries of Other Personnel
Personnel Monthly CompensationYearly Compensation
Bookkeeper 3,000.00 36,000.00
Security Guard (Security Agency) 9,330.00 111,960.00
Total 147,960.00

TOTAL
156,000.00
121,290.00
682,500.00
121,290.00
230,100.00
1,311,180.00
PERMITS AND LICENSES SCHEDULE (RECURRING) Employee No.
DESCRIPTION AMOUNT Manager 1
Community Tax 125.00 Receptionist 1
Environmental Fee 100.00 Operation Staff 5
Mayor's Permit 300.00 Cashier 1
Application Fee 25.00 Utility Crew 2
Total
Inspection Fee 100.00
Business Permit 1,192.50

Fire Department and Safety 125.00

BIR 500.00
DTI 11,915.00
Ocupational Fee (10 employees @ P1 1,000.00
TOTAL ₱ 15,382.50
 PHILHEALT
SSS PAGIBIG
Monthly H
CONTRIB CONTRIBUTI TOTAL
Salary CONTRIBUT
12,000.00 UTIONS
970.00 185.63 ONS
100.00 1,255.63 Advertising
IONS
9,330.00 770.00 128.29 100.00 998.29 Variable co
10,500.00 850.00 165.00 100.00 5,575.00 Item
9,330.00 770.00 128.29 100.00 998.29 Leaflets
8,850.00 730.00 128.29 100.00 1,916.58 Tarpaulin Banners
Fixed Cos
###
Photographer/Director
Actor (5)
Other shooting expen
Total
Advertising Cost UTILITIES EXPENSE SCHEDULE
Variable costs INSTALLATI AMOUNT
DESCRIPTION
Unit Cost per unit Total Cost ON COST MONTHLY
1,000.00 5.00 5,000.00 Electricity 5,000.00 3,000.00
10.00 250.00 2,500.00 Water 5,000.00 2,000.00
Fixed Costs
Internet/Phone 2,500.00 1,999.00
- - 10,000.00 Fire Extinguisher - 2,000.00
- - 2,500.00
Fuel - 5,000.00
- - 1,500.00 TOTAL
21,500.00
 Office Supplies
SCHEDULE Ball pen 20 7.00 140.00
AMOUNT Tissue 10 15.00 150.00
ANNUAL Alcohol 4 40.00 160.00
41,000.00 Powder soap 40 5.00 200.00
29,000.00 Brush 3 20.00 60.00
Recording
4 24.00 96.00
26,488.00 Book
24,000.00 Feel-tip pen 3 50.00 150.00
Ink - Feel-tip
2 72.00 144.00
60,000.00 pen
180,488.00 Ink – Printer 8 140.00 1,120.00
Folders 12 5.00 60.00
Calculator 4 565.00 2,260.00
Extension
2 100.00 200.00
Wire
Bond paper 3 110.00 330.00
Wallclock 1 50.00 50.00
Hose 2 200.00 400.00
Dust Pan 2 30.00 60.00
Brooms 5 40.00 200.00
Official
20 50.00 1,000.00
Receipts
Stapler 2 35.00 70.00
Staple 5 10.00 50.00
TOTAL 6,900.00
 DEPRECIATION COMPUTATION SCHEDULE

HISTORICAL SALVAGE
ITEM LIFE
NO. COST VALUE
1 Buildings ### 397,269.94 20
2 Paintball package* basket pric ### 240,000.00 5
3 Paintball Armor 200,000.00 40,000.00 5
4 Office Computer 30,000.00 6,000.00 5
5 Projector 10,000.00 2,000.00 5
6 Radio 1,200.00 240.00 5
7 Printer 20,000.00 4,000.00 5
8 Air conditioner 36,000.00 7,200.00 8
9 Transportation Vehicle 120,000.00 24,000.00 15
10 Office Seat - Plastic Chairs 200.00 40.00 3
11 Office Seat - Office Chairs 670.00 134.00 8
12 Office Desk 1,500.00 300.00 15
13 Cabinet 3,000.00 600.00 8
14 Whiteboard 1,000.00 200.00 8
TOTAL
ULE ACCUMULATED DEPRECIATION SCHEDULE

ANNUAL
ITEM YEAR 1 YEAR 2
DEPRECIATION
79,453.99 Buildings 79,453.99 158,907.98
192,000.00 Paintball package* basket pr 192,000.00 384,000.00
32,000.00 Paintball Armor 32,000.00 64,000.00
4,800.00 Office Computer 4,800.00 9,600.00
1,600.00 Projector 1,600.00 3,200.00
192.00 Radio 192.00 384.00
3,200.00 Printer 3,200.00 6,400.00
3,600.00 Air conditioner 3,600.00 7,200.00
6,400.00 Transportation Vehicle 6,400.00 12,800.00
53.33 Office Seat - Plastic Chairs 53.33 106.67
67.00 Office Seat - Office Chairs 67.00 134.00
80.00 Office Desk 80.00 160.00
300.00 Cabinet 300.00 600.00
100.00 Whiteboard 100.00 200.00
323,846.32 TOTAL 323,846.32 647,692.64
EPRECIATION SCHEDULE

YEAR 3 YEAR 4 YEAR 5

### 317,815.95 397,269.94
### 768,000.00 960,000.00
96,000.00 128,000.00 160,000.00
14,400.00 19,200.00 24,000.00
4,800.00 6,400.00 8,000.00
576.00 768.00 960.00
9,600.00 12,800.00 16,000.00
10,800.00 14,400.00 18,000.00
19,200.00 25,600.00 32,000.00
160.00 213.33 266.67
201.00 268.00 335.00
240.00 320.00 400.00
900.00 1,200.00 1,500.00
300.00 400.00 500.00
### ### 1,619,231.60
 Paintball Battleground
Statement of Profit or Loss
for the year ended:

Notes YEAR 1 YEAR 2

Service Revenue 1 30,362,200.00 30,921,400.00
Cost of Sales of Services 2 10,482,200.00 10,687,364.00
Gross Income 19,880,000.00 20,234,036.00
Less:
Selling and Administrative Expense 3 881,995.61 898,176.16
Earnings Before Income Tax 18,998,004.39 19,335,859.84
Less:
Income Tax (30%) 5,699,401.32 5,800,757.95
Net Income 13,298,603.07 13,535,101.89
 ound
or Loss
ded:

YEAR 3 YEAR 4 YEAR 5

31,487,600.00 32,060,800.00 32,641,200.00
10,896,631.28 11,110,083.91 11,327,805.58
20,590,968.72 20,950,716.09 21,313,394.42

914,711.49 931,610.31 948,881.57

19,676,257.23 20,019,105.78 20,364,512.85

5,902,877.17 6,005,731.73 6,109,353.85

13,773,380.06 14,013,374.05 14,255,158.99
 Note1
Revenue Schedule
Expected Cusomers Annual
Year
Monthly Yearly Revenue
1 12,650.92 151,811.00 ###
2 12,883.92 154,607.00 ###
3 13,119.83 157,438.00 ###
4 13,358.67 160,304.00 ###
5 13,600.50 163,206.00 ###
Price
Initial
200.00
 Projected Demand and Supply, Market Gap, and Market Share
Total
Total Market Market
Year Deman
Supply Gap Share
d
2019 151811 0 151811 151811
2020 154607 0 154607 154607
2021 157438 0 157438 157438
2022 160304 0 160304 160304
2023 163206 0 163206 163206
Based on the data given by the statistician

Price
Additional Paintball per
piece
5.00
Gap, and Market Share

Market Share
in %

100.00%
100.00%
100.00% Total Expenses Schedule
100.00% Item Year 1 Year 2
100.00% Supplies 9,352,500.00 9,539,550.00
e statistician Permits and Licenses 15,977.50 16,137.28
Utilities Expense 180,488.00 184,097.76
Advertising Cost 21,500.00 22,575.00
Employee Benefits 10,743.79 10,851.23
Salaries 1,459,140.00 1,488,322.80
Depreciation 323,846.32 323,846.32
Total 11,364,195.61 11,585,380.38

18,998,004.39 EBIT
13,298,603.07 NET INCOME
 Note 2
Expenses Schedule
Year 3 Year 4 Year 5 Item
9,730,341.00 9,924,947.82 10,123,446.78 Direct Materials:
16,298.65 16,461.63 16,626.25
187,779.72 191,535.31 195,366.02
23,703.75 24,888.94 26,133.38 Direct Labor:
10,959.74 11,069.34 11,180.03
1,518,089.26 1,548,451.04 1,579,420.06 Overhead:
323,846.32 323,846.32 323,846.32
11,811,018.43 12,041,200.40 12,276,018.84
Total
Note 3

Item
 Note 2
Cost of Sales Schedule
Item Year 1 Year 2 Year 3
Direct Materials:
Paintball bullets 7,095,600.00 7,237,512.00 7,382,262.24
15 oz CO2 gas 2,250,000.00 2,295,000.00 2,340,900.00
Direct Labor:
Operation Staff 682,500.00 696150 710073
Overhead:
Indirect Labor 230,100.00 234702 239396.04
Depreciation of Equipment 224,000.00 224,000.00 224,000.00
Total 10,482,200.00 10,687,364.00 10,896,631.28
Note 3
Selling and Administrative Expenses Schedule
Item Year 1 Year 2 Year 3
Office Supplies 6,900.00 7,038.00 7,178.76
Salaries 546,540.00 557470.8 568620.216
Permits and Licenses 15,977.50 16,297.05 16,622.99
Utilities Expense 180,488.00 184,097.76 187,779.72
Advertising Cost 21,500.00 22,575.00 23,703.75
Employee Benefits 10,743.79 10,851.23 10,959.74
Depreciation 99,846.32 99,846.32 99,846.32
TOTAL 881,995.61 898,176.16 914,711.49

EBIT 18,998,004.39 19,335,859.84 19,676,257.23

NIAT 13,298,603.07 13,535,101.89 13,773,380.06
 Year 4 Year 5

7,529,907.48 7,680,505.63
2,387,718.00 2,435,472.36

724274.46 738759.9492

244183.9608 249067.640016
224,000.00 224,000.00
11,110,083.91 11,327,805.58

Schedule
Year 4 Year 5
7,322.34 7,468.78
579992.62032 591592.4727264
16,955.45 17,294.56
191,535.31 195,366.02
24,888.94 26,133.38
11,069.34 11,180.03
99,846.32 99,846.32
931,610.31 948,881.57

20,019,105.78 20,364,512.85
14,013,374.05 14,255,158.99
 ASSETS
NOTES YEAR 1
CURRENT ASSETS
Cash & Cash Equivalents 11,507,666.22
TOTAL CURRENT ASSETS 11,507,666.22

NON CURRENT ASSETS

Property Plant and Equipment (net) 1 6,630,183.37
TOTAL NON CURRENT ASSETS 6,630,183.37
TOTAL ASSETS 18,137,849.59

LIABILITIES & EQUITY

PARTNERS' EQUITY
PARTNER 1
PARTNER 2
PARTNER 3
PARTNER 4
PARTNER 5
PARTNER 6
TOTAL PARTNERS' EQUITY
TOTAL LIABILITIES & EQUITY
ETS
YEAR 2 YEAR 3 YEAR 4 YEAR 5

18,599,063.48 25,809,599.83 33,140,133.18 40,591,559.00

18,599,063.48 25,809,599.83 33,140,133.18 40,591,559.00

6,306,337.05 5,982,490.73 5,658,644.41 5,010,951.76

6,306,337.05 5,982,490.73 5,658,644.41 5,010,951.76
24,905,400.53 31,792,090.56 38,798,777.59 45,602,510.76

BILITIES & EQUITY

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

5,525,717.72 7,587,460.27 9,685,498.68 11,820,094.32 13,991,520.00

2,522,426.37 3,463,588.05 4,421,318.38 5,395,736.65 6,386,967.42
2,522,426.37 3,463,588.05 4,421,318.38 5,395,736.65 6,386,967.42
2,522,426.37 3,463,588.05 4,421,318.38 5,395,736.65 6,386,967.42
2,522,426.37 3,463,588.05 4,421,318.38 5,395,736.65 6,386,967.42
2,522,426.37 3,463,588.05 4,421,318.38 5,395,736.65 6,386,967.42
18,137,849.59 24,905,400.53 31,792,090.56 38,798,777.59 45,926,357.08
Note 1
PPE
Equipment 1,457,200.00
Furniture and Fixtures 10,480.00
Building 1,986,349.69
Land 3,500,000.00
6,954,029.69
 Paintball Battleground
Statement of Cashflows
As of the year ended:

YEAR
ACTIVITIES/PARTICULARS
YEAR 1
CASH FLOW FROM ACTIVITIES
Net Income 13,298,603.07
Adjustments/Reconciling Items
Depreciation Expense 323,846.32
NET CASH FLOW FROM OPERATING ACTIVITIES 13,622,449.39

CASH FLOW FROM INVESTING ACTIVITIES

Purchase of PPE AND OTHER ASSETS 6,954,029.69
NET CASH FLOW FROM INVESTING ACTIVITIES 6,954,029.69

CASH FLOW FROM FINANCING ACTIVITIES

Capital Investment of Partners 11,488,548.05
Capital Withdrawal of Partners 6,649,301.54
NET CASH FLOW FROM FINANCING ACTIVITIES 4,839,246.52

NET CASH FLOW 11,507,666.22

Add: Cash balance, Beginning
Cash balance, Ending 11,507,666.22
ball Battleground
ment of Cashflows
f the year ended:

YEAR
YEAR 2 YEAR 3 YEAR 4 YEAR 5

13,535,101.89 ### 14,013,374.05 14,255,158.99

323,846.32 323,846.32 323,846.32 323,846.32

13,858,948.21 ### 14,337,220.37 14,579,005.32

- - - -
- - - -

- - - -
6,767,550.94 6,886,690.03 7,006,687.02 7,127,579.50
6,767,550.94 6,886,690.03 7,006,687.02 7,127,579.50

7,091,397.27 7,210,536.35 7,330,533.34 7,451,425.82

11,507,666.22 ### 25,809,599.83 33,140,133.18
18,599,063.48 ### 33,140,133.18 40,591,559.00
PARTNERS PARTNER 1 PARTNER 2 PARTNER 3 PARTNER 4
Year 1
Partner's Equity
3,500,000.00 1,597,709.61 1,597,709.61 1,597,709.61
Beginning
Add: Share in Net
4,051,435.44 1,849,433.53 1,849,433.53 1,849,433.53
Income
Less: Drawings (50%) 2,025,717.72 924,716.76 924,716.76 924,716.76
Partner's Equity
5,525,717.72 2,522,426.37 2,522,426.37 2,522,426.37
Ending

PARTNERS PARTNER 1 PARTNER 2 PARTNER 3 PARTNER 4

Year 2
Partner's Equity,
5,525,717.72 2,522,426.37 2,522,426.37 2,522,426.37
Beginning
Add: Share in Net
4,123,485.09 1,882,323.36 1,882,323.36 1,882,323.36
Income
Less: Drawings (50%) 2,061,742.55 941,161.68 941,161.68 941,161.68
Partner's Equity
7,587,460.27 3,463,588.05 3,463,588.05 3,463,588.05
Ending

PARTNERS PARTNER 1 PARTNER 2 PARTNER 3 PARTNER 4

Year 3
Partner's Equity
7,587,460.27 3,463,588.05 3,463,588.05 3,463,588.05
Beginning
Add: Share in Net
4,196,076.82 1,915,460.65 1,915,460.65 1,915,460.65
Income
Less: Drawings (50%) 2,098,038.41 957,730.32 957,730.32 957,730.32
Partner's Equity
9,685,498.68 4,421,318.38 4,421,318.38 4,421,318.38
Ending

PARTNERS PARTNER 1 PARTNER 2 PARTNER 3 PARTNER 4

Year 4
Partner's Equity,
9,685,498.68 4,421,318.38 4,421,318.38 4,421,318.38
Beginning
Add: Share in Net
4,269,191.28 1,948,836.55 1,948,836.55 1,948,836.55
Income
Less: Drawings (50%) 2,134,595.64 974,418.28 974,418.28 974,418.28
Partner's Equity
11,820,094.32 5,395,736.65 5,395,736.65 5,395,736.65
Ending
PARTNERS PARTNER 1 PARTNER 2 PARTNER 3 PARTNER 4
Year 5
Partner's Equity,
11,820,094.32 5,395,736.65 5,395,736.65 5,395,736.65
Beginning
Add: Share in Net
4,342,851.36 1,982,461.53 1,982,461.53 1,982,461.53
Income
Less: Drawings (50%) 2,171,425.68 991,230.76 991,230.76 991,230.76
Partner's Equity
13,991,520.00 6,386,967.42 6,386,967.42 6,386,967.42
Ending
PARTNER 5 PARTNER 6 TOTAL

1,597,709.61 1,597,709.61 11,488,548.05

1,849,433.53 1,849,433.53 13,298,603.07

924,716.76 924,716.76 6,649,301.54
2,522,426.37 2,522,426.37 18,137,849.59

PARTNER 5 PARTNER 6 TOTAL

2,522,426.37 2,522,426.37 18,137,849.59

1,882,323.36 1,882,323.36 13,535,101.89

941,161.68 941,161.68 6,767,550.94
3,463,588.05 3,463,588.05 24,905,400.53

PARTNER 5 PARTNER 6 TOTAL

3,463,588.05 3,463,588.05 24,905,400.53

1,915,460.65 1,915,460.65 13,773,380.06

957,730.32 957,730.32 6,886,690.03
4,421,318.38 4,421,318.38 31,792,090.56

PARTNER 5 PARTNER 6 TOTAL

4,421,318.38 4,421,318.38 31,792,090.56

1,948,836.55 1,948,836.55 14,013,374.05

974,418.28 974,418.28 7,006,687.02
5,395,736.65 5,395,736.65 38,798,777.59
PARTNER 5 PARTNER 6 TOTAL

5,395,736.65 5,395,736.65 38,798,777.59

1,982,461.53 1,982,461.53 14,255,158.99

991,230.76 991,230.76 7,127,579.50
6,386,967.42 6,386,967.42 45,926,357.08