V.

Financial Plan
A. Total Projected Cost
Total Projected Cost
Pre – Operating:
FGI ₱ 250
Fire Inspection 85
Garbage Fee 100
Health Certificates 245
Mayor’s Fee 100
Oath Fee 10
Sanitary Permit 500
Zoning Fee 100
Equipment 4,000.00
Raw Material (for 5 days) 248.22
Total Project Cost: 5,638.22

B. Sources of Financing
- The company has decided to invest 1,500 pesos for each member.
 C. Projected Financial Statements

1. Projected Cash Flow

Uber Company
Cash Flow Statement
2014-2015

June July August September October November December January February March
Cash Flows from Operating
Activities
Net Income -1464.70 1001.26 467.76 429.54 -251.82 109.30 313.34 447.98 285.98 -48.26
Depreciation 462.50 462.50 462.50 462.50 462.50 462.50 462.50 462.50 462.50 462.50
Net Cash provided by Operating
-1002.20 1463.76 930.26 892.04 210.68 571.80 775.84 910.48 748.48 414.24
Activities

Cash Flow from Investing

Activities
Purchase of Equipment (3,000.00)
Purchase of Materials & Utensils (1,000.00)
Net Cash provided by (used
(4,000.00)                  
for)Investing Activities

Cash Flow from Financing

Activities
Investment by Owners 10,500.00
Net Cash provided by Financing
10,500.00                  
Activities

Net Increase (Decrease) in Cash 5,497.80 1463.76 930.26 892.04 210.68 571.80 775.84 910.48 748.48 414.24
Cash, Beginning 5,497.80 6,961.56 7,891.82 8,783.86 8,994.54 9566.34 10,342.18 11,252.66 12,001.14
₱10,342.1
₱5,497.80 ₱6,961.56 ₱7,891.82 ₱8,783.86 ₱8,994.54 ₱9,566.34 ₱11,252.66 ₱12,001.14 ₱12,415.3
Cash, End 8
 2. Projected Income Statement

Uber Sweet Vegetable Company

Income statement
2014-2015

Income Statement

June July August September October November December January February March
Sales 4,140.00 8,560.00 7,060.00 7,480.00 2,440.00 4,980.00 5,700.00 6,640.00 6,640.00 3,320.00
Less: Cost of Sales (2,482.20) (5,106.24) (4,219.74) (4467.96) (1,489.32) (2,978.64) (3,404.16) (3,971.52) (3,971.52) (1,985.76)
Gross Profit 1,657.80 3,453.76 2,840.26 3,012.04 950.68 2,041.20 2295.84 2,668.48 2668.48 1334.24

Less: Pre-Operating Expenses 1,390.00

Operating Expenses:
Rent Expense 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Advertising Expense 150.00 50.00 70.00 180.00 0.00 130.00 180.00 0.00 180.00 0.00
Transportation Expense 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Wage Expense 1,000.00 1,800.00 1,700.00 1,800.00 600.00 1,200.00 1,200.00 1,600.00 1,600.00 800.00
Depreciation 462.50 462.50 462.50 462.50 462.50 462.50 462.50 462.50 462.50 462.50
Utilities 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00
Total Expenses 1,732.50 2,452.50 2,372.50 2,582.50 1,302.50 1,932.50 1,982.50 2,202.50 2,382.50 1,382.50

Net Income -1,464.70 1001.26 467.76 429.54 -251.82 109.30 313.34 447.98 285.98 -48.26
Total Net Income : ₱ 1,284.04
 3. Projected Balance Sheet

Uber Company
Balance Sheet
2014-2015

ASSETS
June July August September October November December January February March
Cash 5,497.80 6,961.56 7,891.82 8,783.86 8,994.54 9,566.34 10,342.18 11,252.66 12,001.14 12,415.38
Equipment 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
Less: Acc. Depreciation -312.50 -625.00 -937.50 -1250.50 -1562.50 -1875.00 -2187.50 -2500.00 -2812.50 -3125.00

Utensils 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
Less: Acc. Depreciation -150.00 -300.00 -450.00 -600.00 -750.00 -900.00 -1050.00 -1200.00 -1,350.00 -1500.00
Total Assets 9.035.30 10036.56 10,504.32 10,933.86 10,682.04 20,136.58 1,104.68 11,552.66 11,838.64 11.790.38

OWNER'S EQUITY
Uber Ube, Capital 10,500 9,035.30 10,036.56 10,504.32 10,933.86 10,791.34 10,791.34 1,104.68 11,552.66 11,838.64
Net Income -1,464.70 1001.26 467.76 429.54 -251.82 109.30 313.34 447.98 285.98 -48.26
Total Owner's Equity 9,035.30 10,036.56 10,504.32 10,933.86 10,682.04 10,791.34 1,104.68 11,552.66 11,838.64 11.790.38
D. Profitability Indices
1. Return of Investments
1. ROI Net Income * 100
Initial Investment
= 1,284.04 * 100
10,500
= 11.88 or 12%

2. Break-even Point

  June July August September October November December January February March

Unit Selling Price 20 20 20 20 20 20 20 20 205 20

Less: Variable Cost 11.82 11.82 11.82 11.82 11.82 11.82 11.82 11.82 11.82 11.82

Contribution Margin
8.18 8.18 8.18 8.18 8.18 8.18 8.18 8.18 8.18 8.18
per Unit
                     

Fixed Cost 520.80 520.80 520.80 520.80 520.80 520.80 520.80 520.80 520.80 520.80

Divide by:
8.18 8.18 8.18 8.18 8.18 8.18 8.18 8.18 8.18 8.18
Contribution Margin
Break-even points in
64 64 64 64 64 64 64 64 64 64
Units
E. LIST OF ASSUMPTIONS USED

Financial Assumptions:

a. Sales and purchases are all on cash basis

b. Purchase of raw materials is made prior to production
c. The inventory will be stored in a cool dry place.
d. There is a spoilage rate of 1% per month.
e. The equipment used for production has a useful life of 8 years
f. Utensils used for production have a useful life of 4 years
F. Schedules

1- Depreciation
Equipment Price Useful Life Depreciation per Month
Microwave ₱3, 000.00 8 yrs ₱312.50
Materials and Utensils 1,000.00 4yrs 150.00
TOTAL ₱ 462.50
2 - Cost of Sales
Month Production Volume Manufacturing Cost per Unit Cost of Sales
June 210 11.82 ₱ 2,482.20
July 432 11.82 5,106.24
August 357 11.82 4,219.74
September 378 11.82 4,467.96
October 126 11.82 1.489.32
November 252 11.82 2,978.64
December 288 11.82 3,404.16
January 336 11.82 3,971.52
February 336 11.82 3,971.52
March 168 11.82 1,985.76
3-
Unit Less: Total Selling Total
Unit Sales
Sales Estimated Unit Price Peso
Normal
No. of Per
Month per Day Spoilage Sales per Unit Sales
Days Month
(1%)
June 10 21 210 3 207 20 ₱4,140

July 18 24 432 4 428 20 8,560

August 17 21 357 4 353 20 7,060

September 18 21 378 4 374 20 7,480

October 6 21 126 4 122 20 2,440

November 12 21 252 3 249 20 4,980

December 12 24 288 3 285 20 5,700

January 16 21 336 4 332 20 6,640

February 16 21 336 4 332 20 6,640

March 8 21 168 2 166 20 3,320