- CHAPTER VI FINANCIAL STUDY objective of the study ° “Tomaintin be rofl and solvency through exrtingal posse meas nmin controllable cost + Toapply generally accepted accounting principles in financial reports: . Fo cantly develop beter projections, forecasing, planning, facial , vation and analysis, Financial Policies |ssunnce of financial receipt and documentation of transactions should be property filed and recorded for future tracing Payable should be paid within the ems allocated availing the sated discounts. Receivable must be collected promptly Fringe benefit, salanes and employee financial assistance should be accordingly released on time for reconting, planning and efficiency and performance evaluation, Base financial reports should be prepared for management planning, evaluation decision both in internal and extemal purposes.- ‘otal Project Costs BUILDING CONSTRUCTION COST Construction Php!,200,000 Cleaning and evacuation Column Column footing Flooring foundation and slab Beams Cement finishing Roofing and steel works Walls/partitions Windows and colors Furnishing Plumbing works Electrical works Total cost of building Labor cost (40 % of total building construction) 30,000 30,000 40,000 115,000 30,000 50,000 40,000 40,000 24,000 30,000 30,000 25,000 Php1,684,000.00qable7. Raw materials PRICE CONSUMPTION | AMOUNT CONSUMPTION AMOUNT TT ha frams) | Php300.00_| 15 kg (900 cups) _ | Php9,000.00 Flin ote | Pnps0.00 1500 pram fee 1500 cups) _| Php .000.00 “afeocha | Pap700.00” L100 grams ) Php500.00_| 15 kg (900 cups) _| Php15,000.00 —— grams) | Php700.00_| 15 kg (900 cups) _| Php21,000.00 [café late Php700.00_| 1(500 grams) | Php700.00 [15 kg (900 cups) _| Php21,000.00 | Espresso Php700.00_| 1(500 grams) | Php700,00 _| 15 kx (900 cups) _ | Php21,000.00 [oe php20.00_| 5 bags php100.00_| 150 bags ‘php3,000.00 [Ice cream php450.00_| 1 gallon php450.00 | 30 gallon php 13,500.00 Milk powder | phpS00.00 | 1 kp 1php500.00 | 30 gallon php15,000.00 | Milk liquid | php150.00_| 2 litter php300.00 _| 60 litter pphp9,000.00 Butter php75.00 1 (100 grams) php75.00__| 30 (1 kg) php2,250.00 Sugar (white) | php38.00__| 3kg. php114.00 | 90 kg ‘php3,420.00 | Creamer php5.00__| 180 sachet php900.00_| 5, 400 sachet php27,000.00 | Fruits and | vegetable php2,000.00 php2,000.00 php60,000.00 Mayonnaise | php300.00 | 1 (500 grams) | php300.00_| 30(1 kg) php9,000.00 macaroni pasta | php60.00___| 3kg. php180.00_| 90 ky php5,400.00 | spaghetti pasta | php60.00 3kg php180.00 | 90 kg php5,400.00 spaghetti | sauce php60.00 _| 3 big pouch php180,00__| 90 pouch php5,400.00 Cheese php60.00 | Skg php300.00_| 150 kg php9,000.00 Hotdog php100.00_| 500 grams php100.00 | 15 kg php3,000.00 Egg. Php7.00 30pes Php210.00__| 900pes Php6,300.00 | Tuna Php4o ‘Scans Php200.00_| 150pes Php6,000.00 | burger fatty | php100.00 | 500 grams php100.00 | 15 kg. php3,000.00 {burger buns | php7.00 _| 30 pes php210.00__| 900 pes hp6,300.00 | chicken fillet | php160.00_| 1 kg np 160.00 _| 30 ke php4,800.00 | FROM SUPPLIER | Chocolate Cake | php400 3 round (single layer) _| php1,200.00 | 90 pes php36,000.00 | Red Velvet Cake | php400 round (single layer) | php 1,200.00 | 90 pes php36,000.00 | Black Forest | php400 3 round (single layer) | php1,200.00 | 900 pes php36,000.00 Black Sambo | php25 30 pes php750.00__| 900 pcs php22,500.00 | Mango Float | php25 (whole (30 slices) _| php750.00__| 90 slices php22,500.00 87php2s 1(whole (30 stices) | php750.00_| 90 slices php4.00 | 100 pes php400,00 | 3,000 pes pphp4.00 | 100 pes php400.00 | 3,000 pes. | php4.00 | $0 pes php200.00_| 1,500 pes php10.00 _| $0 pes ‘php300.00_| 1,500 pes php4.00 | 50 pes pphp200.00 | 1,500 pes php10.00 | 50 pes php300.00_| 1,500 pes php10.00__ | 50 pes ‘php300.00_| 1,500 pes 88- rable §, Waitering tools, machinery and equipment WAITERING TOOLS, MACHINERY AND EQUIPME antITY | DESCRIPTION PRICE cost ue (DINNERWARE) aoe DINNER PLATES, 10” 9 5,925 a SHOW/ SERVICEPLATES, "139 10,425 To ‘SALAD PLATES 7-8” 0 3,175 lisp | FISHPLATES, 89° 9 3,175 = DESSERT PLATES 7-8” | 55 4,125 Byes SIDE PLATES OR BREAD | 29 2,175 _ PLATES, 6” 75 pes ‘SOUP PLATES/ BOWL 9 3,675 TS pes CUP AND SAUCERS 2 4,400 f— TOTAL | 41,075 /CUTLERIES [75 pes DINNER KNIVES 39 2,925 [75 pes DINNER FORKS 39 2,925 |T5pes ‘SALAD KNIVES 39 2,925 is pcomanee SALAD FORKS 34 2,550 | 75 pes FISH KNIVES 79 3,95 [5 pes FISH FORKS 39 2,925 [75 pos SOUP SPOON (cream and | 39 2,925 a consume) 75 pes DESSERT SPOON 39 2,925 TS pes DESSERT FORKS 39 2,925 Ses TEASPOON 5 1,875 pes COCKTAIL FORKS 34 2,550 89SERVICE FORKS 39 2,925 SERVICE SPOON 39 2,925 STEAK KNIVES R 3,150 BUTTER KNIVES 34 4,050 5 OYSTER FORKS 34 4,050 — TOTAL | 50,475 GLASSWARE ipa REDWINE GLASSES 109 3175 Hip WHITE WINE GLASSES | 99 7,25 tsps WATER GOBLETS o 3,675 Bs JUICE GLASSES/HI-BALL | 40 3000 CHAMPAGNE FLUTE 9 3,675 COLLIN GLASSES 9 2175 PILSNER GLASSES/ICE [69 3,175 TEA GLASSES TOTAL | 33,300 SERVICEWARE 20 COFFEE POT 349 6,980 20 TEA POT 100 2,000 TSpes SALT AND PEPPER 99 1,485 SHAKERS 10 ‘SERVICE TRAYS 200 2000 10 ROUND (bar) TRAYS 195 1,950 [5 SUGAR CONTAINERS 30 1250 ps CREAMER CONTAINERS | 50 1,250 20 FOOD TONGS 29 380 is SAUCE LADLES 150 {2,250 90Sarr 150 2,250 i |WATER PITCHERS 190 3,800 is ~~*| ICE BUCKET WITH 188 820 i TONGS os 2 Total 28,615 OTHER ACCESSORIES 2 |MBNU FOLDER 20 400 20° ORDER PADS 20 400 is |BILL FOLDER/ CHANGE 100 1,500 TRAY 2e WAITER 550 1,100 _ STATION/CABINET [50 yard CURTAINS 1000 1,000 Total 4400 TABLES/CHAIR S_ {20 TABLES (8°8) 2700 | $4,000 [55 DINING/BANQUET CHAIRS 1950 52,250 10 BABY CHAIRS/HIGH 1200 12,000 i CHAIRS Total | 118,250 MACHINERY AND EQUIPMENTS 2 CASH REGISTERS with 15000 30,000 LL computer 2 WATER DISPENSER 3000 6,000 pp BLENDER 3000 | 10,000 \2 OVEN 15000 | 30,000 [2 — | MICROWAVE OVEN 1.4300 a LIGHTS 90 91‘AIRCON 15000 | 30,000 CCTV 35,000 | 35,000 OFFICE COMPUTER 70500 | 10,500 GAS RANGE 15,000 | 30,000 Refrigerator 15000 | 30,000 COFFEE MAKER 15000 | 30,000 TELEVISION 25,000 | 25,000 Generator 30,000 | 30,000 Fire extinguisher 3,000 | 6,000 Total 346,500 COLANDER 250 500 GRATER 250 500 FRYING PAN 300 600 LADLE, 100 500 KNIFE 150 750 ‘CHOPPING BOARD 300 1,200 Burger griddle 10,000 | 10,000 Php14,050 [GRAND TOTAL PHP612,165.00‘abled. Utility A U TILITIES Py cot monthly bill [i Internet connection/wi-fi &telephone php2,999 Gas range(petron) php1,322 Php10,821.00 Table10. Installation INSTALLATION al Electrical installation Php6,000.00 Water installation hp2,300.00 | Wifi connection and telephone installation php5,000.00 TOTAL PHP13,300.00 93COMPENSATION ee oblel |. Compensation cs NO.OF MONTHLY EMPLOYEE, EMPLOYEE | SALARY ANNUALLY [EMPLOYEE _| [MANAGER 1 16,672.50 200,070 SUPERVISOR, 1 13,274 159,288 BARISTA |. 13,274 159,288 fcooK 13,274 159,288 PURCHASING AGENT 10,894.20 130,730.40 | WAITER/WAITRESS | 2 15,419.60 185,035.20 CASHIER 2 16,419.60 197,035.20 [SECURITY GUARD | 1 9,802.50 117,630, [TOTAL 109,030.40 1,308,365 Less benefits deduction 10,020.40 120,244.80 NET SALARY P108,028.00 | P1,188,120.20> ae? benefits contbution schedule BENEFITS CONTRIBUTION SCHEDULE — ‘Average SSS" | Philhealth | PAG-IBIG monthly salary Atanager 16,672.50 1,105 [18750 | 380 Supervisor | 13,274 884 150 240 i 13,274 384 150 240 13274 884 150 240 15,419.60 957.60 | 200 262 10,894.20 626.20 | 100 168 agent _ Cashier @) | 16,419.60 957.20 | 200 262 “Guard 9,802.50 552.50 | 100 150 [Total B109,030.40 NTHLY P6851 | PL237.5 | P1242 | BENEFITS CONTRIBUT ION ANNUAL, P82,212 | P1850 | 223,204 BENEFITS CONTRIBUT IONqablel3. Total project cost ' php4, 000,000 fai g construction php2,357,600.00 jhinery and equipment Php612,165 ree of Financing ‘The fund shall outsource from the proponents, Junjay Jorillo, Ronald Pallares, Christine Segovia, Enjell Kate Baylon, Jess Ann Salem, and Charlmagne Libierte, through personal contributions. The six proponents will have a share of php! 000,000 each which total to php6,000,000. Upon agreement by the proponents, the additional fund come from the debt financing in order to supplant the additional capital requirements. AS it was assumed it will increase by 3% per year, which shows that the business is feasible. Short Term/Long Term Financing Short Term For the first year the proponents will borrow 1,000,000.00 by issuing interest bearing note with 10% interest. Long term ‘The main sources are the investment of 1000,000 fiom every partner.Financial Statements Assumptions 1, JECS Coffee Shop started its Operation on January 1, 2019. 2 Months of January, August and December are considered as peak seasons due to some events in the city such as Sinulog, Charter and Christmas season ( 50% increase in sales) e Forecasted sales growth every year is 3%, a Depreciation is computed using straight-line method. ” Tax rate is 30%, 97December 31, 2019,2020,2021 and 2022, tablel4. Projected Income Statement NET INCOME AFTER TAX JANUARY FEBRUARY MARCH SS | SALES P 1,827,000.00 P 1,218,000.00 | P 1,218,000.00 | | Less: COSTOF SALES7%) 1,406,790,00 937,860.00 937,860.00 |_GROSS INCOME 420,210.00 280,140.00 280,140.00 Less: EXPENSES Salaries and Wages 109,030.40 109,030.40 109,030.40 13, Employee Benefits 337.84 13,337.84 13,337.84 12,821.00 Utilities Expense 10,821.00 jor a 13,300.00 Installation Costs 2,000.00 1,800.00 1,850,0¢ Supplies Expense ° 10,000.00 10,000.00 10,000.00 Interest Expense 76,000.00 50,000.00 50,000.00 Advertising Expenses 35,000.00 Legal Expenses 13,048.50 13,048.50 13,048.50 10,000.00 10,000.00 10,000.00 Miscellaneous Expense (294,537.75, 218,037.75, 218,087.75 TOTAL EXPENSES INCOME BEFORE 125,672.25 62,102.25 62,052.25 INCOME TAX Tax Expense(30%) = P 125,672.25 P 62,102.25 P 62,052.25————____ APRIL. MAY JUN F 1218.000.00 FF aiapoo.00 | # .3r8,000.00 937,860.00 937,860.00 937,860.00 280,140.00 280, 140,00 280, 140.00 109,0: Salaries and Wages 030.40 109,030.40 109,030.40 Employee Benefits 1333784 13,397.84 13,337.84 10,87 | Utilities Expense 21.00 10,821.00 10,821.00 Installation Costs 1,88 Supplies Expense 880.00 1,900.00 1,650.00 10,000.0¢ | Interest Expense 0 10,000.00 10,000.00 | 30,000.00, 00 Advertising Expenses 50,000.00 50,000, Legal Expenses 13,048.50 13,048.50 is Depreciation Expense 048. 13,048.50 10,000.00 10,000.00 10,000.00 ‘Miscellaneous Expense. 218,117.75 218,137.75 217,887.75 TOTAL EXPENSES INCOME BEFORE 2,022.25 @.0m.28 zeae | INCOME TAX Tax Expense(30%) P 62,022.25 TP 6.00235 | P — enasnas |_NET INCOME AFTER TAX. 99a JULY ‘AUGUST SEPTEMBER P 1218,000, SAS | 00 "| ¥1,827;000.00~ | 7,218,000.00 | Less: COST OF ley eapm SALES(77%) 137,860.00 1,406,790.00 937,860.00 GROSS INCOME 280,140.00 420,210.00 7280, 140.00 Less: EXPENSES Salaries and Wages 109,030.40 109,030.40 109,030.40 ployee Benefits 13,337.84 13,337.84 13,337.84 \, i UiltiesEspene | 0,821.00 12,821.00 10,821.00 Installation Costs v7 Supplies Expense 100.00 1,800.00 1,500.00 10,000.00 Interest Expense 10,000.00, 10,000.00 30,000.00 Advertising Expenses 2001.00 50,000.00 Legal Expenses 13,048.50, 13,048.50, 13,048.50 Depreciation Expense 10,000.00 10,000.00 10,000.00 Miscellaneous Expense 217,987.75 220,037.75 217,137.75 |__TOTAL EXPENSES INCOME BEFORE 62,202.28 200,172.28 canoe INCOME TAX Tax Expense(30%) P 62,202.25 P 200,172.25 | P 62,402.05 NET INCOME AFTER TAXNOVEMBER | DECEMBER P 1,218,000.00 | P 1,827,000.00 937,860.00 1,406,790.00 280,140.00 420,210.00 Less: EXPENSES | salaries and Wages 109,030.40 109,030.40, 109,030.40 | - —aaae + | Employee Benefits bas78¢ 13,337 84 13,337.84 Unlties Expense 1821.00 aan Installation Costs | | Supplies Expense ae ee 10,000.00, 16,000.00 Interest Expense 50,000.00 50,000.00 | MYvertising Expenses fismalimemes 13,048 50 "13,088 50 13,048 50 Depreciation Expense — | 10,000 00 10,000 00 10,000.00 Miscellaneous Expense __ 27,777.78 217,867 75 220,117 75 TOTAL EXPENSES INCOME BEFORE 62,362.25 ena7225, 200,092.25 (INCOME TAN S| | Tox Eypense(30%) : ie P 62,36225 |B 6227225 | P 30009225 NUT INCOME AFTER TAX 101- a OcTO Io = BER NOVEMBER DECEMBER | ® 1218000004 2 ae 8,000.00)" 28,0000} P1:897,600 00 -———_ 937,860.00 | 4 SALes7%) | 860.00 937,860.00 1,406,790.00 | GROSS INCOME. 280,140.00 280,140.00 “420,210.00 | GROSSINCOME——_f | Less: EXPENSES. Salaries and Wages: 108,030.40 109,030.40 109,030.40 _Employee Benefits 13,337.84 13,337.84 13,337.84 | Utilities Expense | 10,821.00 10,821.00 12,821.00 Installation Costs 1, Supplies Expense Bor 1,630.00 1,880.00 10,0 Interest Expense en ao 10,000.00 10,000.00 50,000.00 ‘50,000.00 50,000.00 Advertising Expenses Legal Expenses 13,048.50 13,048 50 13,048.50 | Depreciation Expense 10,000.00 10,000.00 10,000.00 Miscellaneous Expense 217,777.75 217,867.75 220,117.75, TOTAL EXPENSES INCOME BEFORE 62,362.25 62,272.25 200,092.25, INCOME TAX ‘Tax Expense(30%) : P 62,362.25 P 62,272.25 P 200,092.25 NET INCOME AFTER TAX 107l—-——. 2019 2020 2021 ;}————__| ——— eo 103% 103% a. P 16.443,000.00 P 16,936,290.00 | P_17,444,378.70 ase Less: COST OF 12,661,110.00 | 13, 432,171.60 |saveso™) | 040,943.30 | 13,432, Ee 3,781,890 107.10 GROSS INCOME 00 | 3,895,346.70 4,012,2 | | GROSS INCOME | Ht Less: EXPENSES | 1,308,364 80 64.80 | Sulaiesand Wages | 8 1,308,364.80 1,308,364. | 160,054,1 1B Employee Benefits 3 160,054.13 160,054. 135,852.00 139,927.56 144,125.39 Utilities Expense ; 13,300.00 Installation Costs 21,130.00 21,763.90 22,416.82 Supplies Expense 120,000.00 Interest Expense 626,000.00 00,000.00 500,000.00 Advertising Expenses 35,000.00 40,000.00 40,000.00 Legal Expenses 156,582.06 156,582.06 156,582.06 Depreciation Expense 120,000.00 120,000.00 120,000.00 Miscellaneous Expense 2,696,282.98 2,446,692.44 2,451,543.19 —_TOTAL EXPENSES INCOME BEFORE 1,085,607.02 1,448,654,26 1,560,663.91 LINCOME Tax 325,682.11 434,596.28 468,199.17 | Tax Expense(30%) ae : 759,924.91 P 1,014,057.98 P 1,092,464.74 NET INCOME AFTER TAX 1022022 2023 103% 103% PF 17,967,71006 | P 18,506,741.36 SALES [ss: COST OF 13,835,136.75 14,250,190.85 sALEs(77%) 4,132,573.31 4,256 550.51 | Gross INCOME Less: EXPENSES 1,308,364.80 7,308,364.80 salaries and Wages - 160,054.13 160,054.13 Joyee Benefits a 148,449.15 152,902.62 Uilites Expense Installation Costs 23,089.32 23,782.00 Supplies Expense | inerest Expense i 300,000.00 500,000.00 | Advertising Expenses 40,000.00 40,000.00 Legal Expenses | 156,582.06 156,382.06 | Depreciation Expense 120,000.00 120,000.00 Miscellaneous Expense 2,456,539.45 7,461,685 61 |__TOTAL EXPENSES | INCOME BEFORE 1,676,033.86 1,794,864.91 INCOME TAX | 302,810.16 338,459.47 | Tax Expense(30%) PL 173203.70 | P _1,256,405.43 NET INCOME AFTER TAX 103- ected cash flow statements Jec’s coffee shop projected statement of cash flows for the years ended december 31,2019 2020, 2021, 2022, 2023 pbel5. projected cash flow statement 1 JANUARY FEBRUARY MARCH “OPERATING ACTIVITIES sale of Goods PI.827,000,00 Pi,218,000.00 PI,218,000.00 Purchase of Goods 1,563, 100.00 903,124.44 '934,000.49 Purchase of Supplies 15,000.00 Payment for Salaries and Wages 109,030.40 109,030.40 109,030.40 Payment for Employee Benefits 13,337.84 13,337.84 13,337.84 Payment for Utilities 12,821.00 10,821.00 10,821.00 Payment for Advertisement and Promotion 76,000.00 0,000.00 50,000.00 Payment for Installation 13,300.00 Payment for Miscellaneous 10,000.00 10,000.00 10,000.00 Payment for Income taxes Payment for Legal Expenses 35,000.00 et cash provided by operating activities 20,589.24 121,686.31 90,810.26 INVESTING ACTIVITIES Purchase of Land 4,000,000.00 Construction of Building 2,357,600.00 (Purchase of Equipment 612,165.00 Net cash used by investing activities 6,969,765.00 FINANCING ACTIVITIES (Receipt from borrowing 1,000,000.00 Payment of Interest and Loan Payable (Hovestment from owners 6,000,000.00 | Netcash provided by financing | activities 7,000,000.00 Net Increase in cash 9,645.76 121,686.31 90,810.26 | Cash at the beginning of period 9,645.76 131,332.07 Cash at the end of the period 9,645.76 P131,332.07 222,142.33 104APRIL. MAY JUNE TING ACTIVITIES OPERA P1,218,000.00 P1,218,000.00 ?P1,218,000.00 ‘le of Go0ds 937,431.17 937,812.35, 937,854.71 purchase of Goods pores of Supplies 109,030.40 109,030.40 109,030.40 re sment fr salaries and Wages 13,337.84 13,337.84 13,337.84 Fyment for Employee Benefits 10,821.00 10,821.00 10,821.00 payment for Uti Payment for Advertisement and 50,000.00 50,000.00 50,000.00 Promotion Payment for Installation 10,000.00 10,000.00 10,000.00 Payment for Miscellaneous Payment for Income taxes Payment for Legal Expenses ‘Net eash provided by operating 87,379.59 86,998.40 86,956.05 activities INVESTING ACTIVITIES | Purchase of Land Construction of Building Purchase of Equipment Net cash used by investing activi FINANCING ACTIVITIES Receipt from borrowing Payment of Interest and Loan Payable Investment from owners. cash provided by financing ac Net Increase in cash 87,379.59 86,998.40 86,956.05 222,142.33 309,521.92 396,520.32 Cash at the beginning of period Cash at the end of the period 309,521.92 P396,520.32 483,476.37JULY AUGUST. SEPTEMBER ppERATING ‘ACTIVITIES P1,218,000.00 P1,827,000.00 P1,218,000.00 sale: ‘of Goods: 937,859.41 1,458,893.27 891,545.92 poraiase of Gods 10,000.00 Frese of Supolies 109,030.40 109,030.40 109,030.40 = ent for Salaries and Wages 13,337.84 13,337.84 13,337.84 Pay payment for Employee Benefits 10,821.00 12,821.00, 10,821.00 “payment for Utilities FPoyment for Advertisement and 50,000.00 50,000.00 50,000.00 Promotion. - Payment for Installation F payment for Miscellaneous 10,000.00 10,000.00 10,000.00 Payie payment for Incomte taxes F payment for Legal Expenses Net cash provided by operating 76,951.34 172,917.49 133,264.84 activities FiNvESTING ACTIVITIES [ Purchase of Land Construction of Building Purchase of Equipment | _Net cash used by investing activities FINANCING ACTIVITIES Receipt from borrowing Payment of Interest and Loan Payable Investment from owners ‘Net cash provided by financing | activities Net Increase in cash 76,951.34 172,917.49 133,264.84 Cash at the beginning of period 483,476.37 560,427.72. 733,345.21 | Cash at the end of the period 560,427.72. 733,345.21. P866,610.04 106OCTOBER NOVEMBER. DECEMBER FING ACTIVITIES P1,218,000,00 P1,218,000.00 P 1,827,000.00 932,713.99 937,288.22 1,458,829.80 109,030.40 109,030.40 109,030.40 13,337.84 13,337.84 13,337.84 rent for Employee Benelits 10,821.00 10,821.00, 12,821.00 payment for Uilities Fanent for Advertisement and 50,000.00 50,000.00 50,000.00 tion Promot - F payment for Installation ment for Miscellaneous 10,000.00 10,000.00 10,000.00 p payment for Income taxes [Payment for Lege Expenses ‘Net cash provided by operating 92,096.77 87,522.53, 172,980.95 INVESTING ACTIVITIES: | Purchase of Land Construction of Building Purchase ‘of Equipment ‘Net eash used by investing ies FINANCING ACTIVITIES. [Receipt from borrowing _ Payment of Interest and Loan Payable 1,120,000.00 Investment from owners. | Net cash provided by financing 1,120,000.00 92,096.77 87,522.53 947,019.05 ‘Net Increase in cash 866,610.04 958,706.81 1,046,229.34 Cash at the beginning of period P 958,706.81 P1,046,229.34 799,210.30 Cash at the end of the period 1072019 2020 2021 103% 103% P 16,443,000.00 | P16,936,290.00 | P17,444,378.70 P 12,830,453.77 | 13,046,023.61_| _13,437,404.32 25,000.00 25,100.00 25,250.00 1,308, 364.80 7,308,364.80 | _1,308,364.80 J payment for Util 160,054.13 160,054.13 160,054.13 F payment for Advertisement and Promotion 135,852.00 139,927.56 144,125.39 payment for Installation 626,000.00 ‘500,000.00 500,000.00 payment for Miscellaneous. 13,300.00 payment for Income taxes 120,000.00 120,000.00 120,000.00 | payment for Legal Expenses 325,682.11 434,596.28 “Net cash provided by operating activities 35,000.00 40,000.00 40,000.00 [INVESTING ACTIVITIES, 1,188,975.30 | _1,271,137.79 | _1,274,583.79 | Purchase of Land Construction of Building 4,000,000.00 | Purchase of Equipment 2,357,600.00 Net cash used by investing | activities 612,165.00 "FINANCING ACTIVITIES. 6,969, 765.00 Receipt from borrowing | payment of interest and Loan Payable | 1,000,000.00 lnvestment from owners 1,120,000.00 ‘Net cash provided by financing | activities 6,000,000.00 Net Increase in cash 5,880,000.00 Cash at the beginning of period 99,210.30 1,271,137.79_|_1,274,583.79 Cash at the end of the period 99,210.30 1,370,348.09 799,210.30 | P1,370,348.09 | P2,644,931.882022 2023 peRATING ACTIVITIES 103% 103% sale of Goods purchase of Goods P17,967,710.06 P18,506,741.36 F purchase of: ‘Supplies 13,840,526.45 14,255,742.24 payment fr Salaries and Wages 25,200.00 25,956.00 payment for Employee Benefits 1,308,364.80 1,308,364.80 nt for Utilities 160,054. 160,054.13 eae for Advertisement and 54.18 promotion 148,449.15 152,902.62 Payment for Installation 500,000.00 500,000.00 payment for Miscellaneous Payment for Income taxes 120,000.00 120,000.00, | Payment for Legal Expenses 468,199.17 502,810.16 [Net eash provided by operating activities 40,000.00 40,000.00 INVESTING ACTIVITIES 1,356,916.36 1,440,911.41 [ Purchase of Land [ Construction of Building | Purchase of Equipment Net cash used by investing activities FINANCING ACTIVITIES | Receipt from borrowing | Payment of Interest and Loan Payable Investment from owners ‘Net cash provided by financing | activities Net Increase in cash Cash atthe beginning of period 1,356,916.36 1,440,911.41 Cash at the end of the period 2,644,931.88 4,001,848.24 P-4,001,848.24 5,442,759.65__MARCH __| JANUARY | FEBRUARY [asses | | cuRRENTASSETS._ _ : _ P 9,645.76 131,332.07 | 222,142.33 _| 156,310.00 121,574.44 117,714.94 13,000.00 11,200.00 9,350.00 _| 178,955.75. 264, 106.52 349,207.27 __| 'P4,000,000.00 | _4,000,000.00__| _4,000,000.00 [ BUILDING +72,357,600.00 | _2,357,600.00_| _2,357,600.00 _| | [ es: Accumulated Depreciation 6,542.34 13,084.68 19,627.02 [EQUIPMENT 612,165.00 612,165.00 (612,165.00. "Less: Accumulated Depreciation 6,506.16 13,012.33 19,518.49 TOTAL NON-CURRENT ASSETS | _P6,956,716.50 | 6,943,667.99 | _6,930,619.49 [TOTAL ASSETS 177,135,672.25 | _7,207,774.51_|_17,279,826.75 LIABILITIES: [LOAN PAYABLE 1,000,000.00 | P1,000,000.00_| _1,000,000.00 [INTEREST PAYABLE P10,000.00 20,000.00 30,000.00 | TAXES PAYABLE TOTAL LIABILTIES 1,010,000.00 | _1,020,000.00 | _ 1,030,000.00 | PARTNERS’ EQUITY BAYLON, CAPITAL, 1,000,000.00 | _1,000,000.00_| _1,000,000.00 | JORILLO, CAPITAL 71,000,000.00 | _1,000,000.00 | _ 1,000,000.00 | SALEM, CAPITAL P 1,000,000.00_| _1,000,000.00 | _1,000,000.00 | SEGOVIA, CAPITAL. 1,000,000.00 | _ 1,000,000.00__| _ 1,000,000.00 | PALLARES, CAPITAL £1,000,000.00_| _1,000,000.00 | _1,000,000.00 LIBIERTE, CAPITAL P 1,000,000.00 1,000,000.00 1,000,000.00 [NET INCOME accumulated 125,672.25 187,774.50 249,826.75 TA MOT Aa TES AND P 6,125,672.25 | 6,187,774.50_| _6,249,826.75 PARTNERS’ EQUITY 7,135,672.25_|_7,207,774.50_|_¥7,279,826.75APRIL MAY JUNE [cast {309,521.92 | 396,520.32 483,476.37 INVENTORY, 117,286.10 117,238.46 117,233.16 SUPPLIES 7,470.00 5,570.00 3,920.00 | TOTAL CURRENT ASSETS 434,278.02 519,328.78 (604,629.54 | NON-CURRENT ASSETS LAND 4,000,000.00_| 4,000,000.00 | _4,000,000.00 | BUILDING 2,357,600.00_| 2,357,600.00 | _2,357,600.00 | Less: Accumulated Depreciation 26,169.36 32,711.70 39,254.04 | EQUIPMENT. 612,165.00 612,165.00 612,165.00 Less: Accumulated Depreciation 26,024.66 32,530.82 39,036.99. TOTAL NON-CURRENT ASSETS 6,917,570.98 | _6,904,522.48_| _6,891,473.97 TOTAL ASSETS P7,351,849.00 | 7,423,851.26 | 7,496,103.51 LIABILITIES LOAN PAYABLE P1,000,000.00 | _P1,000,000.00_| _1,000,000.00 INTEREST PAYABLE 40,000.00 50,000.00 60,000.00 TAXES PAYABLE : : t TOTAL LIABILTIES 1,040,000.00__| _1,050,000.00 | _ 1,060,000.00 PARTNERS' EQUITY BAYLON, CAPITAL 1,000,000.00__| _1,000,000.00 | _1,000,000.00 JORILLO, CAPITAL 1,000,000.00 | _1,000,000.00_| __1,000,000.00 SALEM, CAPITAL 1,000,000.00 | _1,000,000.00_| _1,000,000.00 SEGOVIA, CAPITAL 1,000,000.00 | _1,000,000.00 | __1,000,000.00 PALLARES, CAPITAL 1,000,000.00 | _1,000,000.00_| _1,000,000.00 LIBIERTE, CAPITAL 1,000,000.00 | 1,000,000.00_| _1,000,000.00 | NET INCOME accumulated 311,849.01 373,851.26 436,103.51 | TOTAL EQUITY 6,311,849.01_| 6,373,851.26 | _6,436,103.51 Pane BULITIES AND P7,351,849.01 P7,423,851.26 P7,496,103.51— JULY AUGUST SEPTEMBER + CyRRENT ASSETS. cast 560,427.72 _|_ 733,345.21 P866,610.04 “NVENTORY, 117,232.57 _ | 169,335.84 123,021.76 / supPLIES, 12,220.00 __| 10,420.00 8,920.00 "TOTAL CURRENT ASSETS 689,880.29 _| 913,101.05 998,551.80 | NON-CURRENT ASSETS. LAND. 4,000,000.00 4,000,000.00 4,000,000.00 "BUILDING 2,357,600.00_| _2,357,600.00_| _ 2,357,600.00 ‘ress: Accumulated Depreciation 45,796.38 52,338.72 58,881.06 612,165.00 612,165.00 612,165.00 | 45,543.15 52,049.32 58,555.48 | TOTAL NON-CURRENT ASSETS 6,878,425.47_| _6,865,376.96 | _6,852,328.46 TOTAL ASSETS P7,568,305.76 P7,778,478.01 P7,850,880.26 | LIABILITIES. | LOAN PAYABLE P1,000,000.00 P1,000,000.00 P1,000,000.00 INTEREST PAYABLE 70,000.00 80,000.00 90,000.00 TAXES PAYABLE [TOTAL LIABILTIES 1,070,000,00 | _1,080,000.00 | _1,090,000.00 | PARTNERS’ EQUITY BAYLON, CAPITAL 1,000,000.00 | _1,000,000.00 | _1,000,000.00 JORILLO, CAPITAL. 1,000,000.00 1,000,000.00 1,000,000.00 | SALEM, CAPITAL 1,000,000.00 1,000,000.00 1,000,000.00 SEGOVIA, CAPITAL 1,000,000.00 | _1,000,000.00_| _1,000,000.00 PALLARES, CAPITAL 1,000,000.00 1,000,000.00 1,000,000.00. LIBIERTE, CAPITAL 1,000,000.00 1,000,000.00 1,000,000.00 NET INCOME accumulated 498,305.76 698,478.01 760,880.26 TOTAL EQUITY 6,498,305.76 | 6,698,478.01_| _6,760,880.26 TOTAL LIABILITIES AND : LPARTNERS' EQUITY P7,568,305.76 | 7,778,478.01 P7,850,880.26~[-ocronen | Novemsen | DECEMBER — EMBER ____~~ oe CASH 958,706 81_| invENTORY _ SUPPLIES | __7,38000__ jor AL CURRENT ASSETS | 1,083,962 56 Tt | —_ [| Now: | __| [AND 4,000,000 00 “4,000,000 00 | _4,000,000.00 BUILDING 2,387,600 00 | _2,357,60000_| _2,357,600.00 Accumulated Depreciation [os42340__| _71,90574 __|_78,508 08. fQUIPMENT | e1a,16s00__| _612,16500_|_t 165.00 Accumulated Depreciation “| esoo16s | 71,86781__|_ 78,073.98 TOTAL NON-CURRENT ASSETS _| _ 6,839,27995 _|__6,826,231.45_ 6,813,182.95 _| TOTAL ASSETS: | 77,923,24251 | P7,998,514.77___P7,085,607.02 4 it __| Luau | I _ i LOAN PAYABLE | 71,000,000 00 | _P'1,000,000 00 | - J INTEREST PAYABLE | 100,000 00 110,000 00 ANTS PAYABLE | a TOTAL LIABILT [__1,100,000.00_| _1,110,000 00 | PARTNERS RQUITY | 4 | UAYLON, CAPITAL { 1,90,000 00 | 1,000,000 00_ JORILLO, CAPITAL | .000.00000_| e000 00 _}_.is.s58.5 SALEM, CAPITAL | | 1.126,654.15_| SEGOVIA, CAPITAL | 1,126,654.15 PALLARES, CAPITAL _ 1,126,654.15, LIBIFRTE, CAPITAL - 1,126,654.15 NET INCOME accumulated | _ 885,514.77 = TOTAL EQUITY _ 242 s1_| 6,885,514.77 | _6,759.92491_| TOTAL LIAt PARTNERS’ EQUITY _ prswszensi_| vrgessiar) |_P7oessoren_|2020 2021 sssut ss ea cr ASSETS CASH. 91,370,348.09 | 9 2,644,931.88 INVENTORY, 174,424.09 179,656.81 SUPPLIES 7,206.10 10,039.28 ‘TOTAL CURRENT ASSETS 1,551,978.28 2,834,627.97 I NON- ETS LAND. 4,000,000.00 4,000,000.00 BUILDING 2,357,600.00 2,357,600.00 | fess: Accumulated Depreciation 157,016.16 235,524.24 | EQUIPMENT 612,165.00 612,165.00 _| ‘Less: Accumulated Depreciation 156,147.95 234,221.93 TOTAL NON-CURRENT ASSETS 6,656,600.89 6,500,018.84 ‘TOTAL ASSETS 98,208,579.17 | 99,334,646.81 LIABILE LOAN PAYABLE INTEREST PAYABLE TAXES PAYABLE 434,596.28 468,199.17 TOTAL LIABILTIES 434,596.28 468,199.17 PARTNERS’ EQUITY BAYLON, CAPITAL 1,295,663.82 3,477,741.27 JORILLO, CAPITAL 1,295,663.82 1,477,741.27 | SALEM, CAPITAL 1,295,663.82 1,477,741.27 SEGOVIA, CAPITAL, 1,295,663.82 1,477,741.27 PALLARES, CAPITAL 1,295,663.82 1,477,741.27 LIBIERTE, CAPITAL 1,295,663.82 4,477,741.27 NET INCOME accumulated TOTAL EQUITY 7,773,982.89 8,866,447.63 TOTAL LIABILITIES AND PARTNERS' EQUITY 8,208,579.17, 99,334,646.812022 2023 ASSE’ ‘URRI ASSET: cass 4,001,848.24 | ps,442,759.65 [INVENTORY 185,046.51 190,597.91 SUPPLIES a tapos 14323.96 [TOTAL CURRENT ASSETS | 4.190.044 1 5,647,681.52 NON- NT. sE LAND 4,000,000.00 4,000,000.00 BUILDING 2,357,600.00 2,357,600.00 Less: Accumulated Depreciation 314,032.32 392,540.40 EQUIPMENT 612,165.00 612,165.00 Less: Accumulated Depreciation 312,295.90 390,369.88 TOTAL NON-CURRENT ASSETS 6,343,436,78 6,186,854.73 TOTAL ASSETS P10,542,481.49 P11,834,536.24 | LIABILITIES _ LOAN PAYABLE. . INTEREST PAYABLE TAXES PAYABLE. 502,810.16 538,459.47 | TOTAL LIABILTIES 502,810.16 538,459.47 PARTNERS’ EQUITY BAYLON, CAPITAL 1,673,278.56 1,882,679.46 JORILLO, CAPITAL 1,673,278.56 1,882,679.46 SALEM, CAPITAL. 1,673,278.56 1,882,679.46 SEGOVIA, CAPITAL 1,673,278.56 1,882,679.46 PALLARES, CAPITAL 1,673,278.56 1,882,679.46 LIBERTE, CAPITAL. 1,673,278.56. 1,882,679.46 | NET INCOME accumulated e - TOTAL EQUITY 10,039,671.33 11,296,076.77 TOTAL LIABILITIES AND - LPARTNERS' EQUITY 710,542,481.49 | P11,834,536.Financial analysis ie17. financial statement analysis abl [ JECS COFFEE SHOP FINANCIAL STATEMENT ANALYSIS. | Financial Ratios: 2019 2020 2021 2022 2023 Profit Margin Ratio 1% 9% 9% 9%. 10% Total Assets Turnover Ratio | 2.32 2.21 1.99 1.81 1.65 uity Multiplier 1.05 1.06 1.05 1.05 1.05 Return on Assets 15% 19% 18% 17% | 16% Return on Equity 16% 20% 19% 18% 17% Gross profit Margin 23% 23% 23% 23% 23% | Fixed Assets Turnover Ratio | 2.41 2.51 2.65 280 | 2.95 [ese Earning Power Ratio _| 0.14 0.19 0.18 017 | 0.16Table of contents ‘Acknowledgement Dedication Executive summary CHAPTER 1 Summary of the project Name of the project Location Brief description of the study Project summary Market feasibility Technical feasibility Management study Financial feasibility Socio-economic impact CHAPTER 2 Introduction/ Background of the study Brief background of the study Objectives of the study Operational definition of terms PAGE one sScope and limitation CHAPTER 3: Market study Objectives Methodology Demand, Consumption for the past years Major consumer of the product Projected demand Supply Supply for the past years Projected supply Demand and supply analysis, demand/supply gap Competitors profile Marketing strategies/ programs Product Product category/ quality and style Brand Packaging Pricing Place of distribution Promotion/ advertising CHAPTER 4: Technical study Objectives of the study Productservice Description of the product Machinery and equipment OO SO oo S55 Ss = Ss = a 17 17 18 18 58Plant location. Plant size and lay out Raw materials Waste disposal Utilities Direct labor requirements CHAPTER 5: Management study Objectives of the study Form of business ownership Capitalization Organizational structure Manpower requirement Compensation Organizational policies Legal requirements CHAPTER 6: financial study Financial study Objective of the study Total project cost Short term/ long term financing Financial statement CHAPTER 7: Socio economic Contribution to the Philippine economy Employment generation Social desirability 62 68 70 70 a be n 3 B 82 82 83 85 85 85 86 96 97 bee 117 117 117CHAPTER 8: Conclusion and recommendations CHAPTER 9: Project implementation plan BIBLIOGRAPHY/APPENDICES 19 120