###

LIVESTOCK RAISING
Projected Income Statement
TEMPLATE
For the Period July 01, 2020 to September 31, 2020

PROJECTED REVENUES:
Sales (50 Live pigs x P4,000/pig) P
Other Income
Total Gross Income P

Less : PROJECTED COST

Cost of Piglets (50 piglets x P800.00) P 40,000.00
Feeds - pellets,boosters, starters, concentrates, etc. 25,000.00
Vitamin Supplements 10,000.00
Disinfectants 2,000.00
Vaccines 1,500.00
Housing 0.00
Dewormers 2,500.00
Antibiotics 3,000.00
Service fee 2,000.00
Boar Service 0.00
PROJECTED GROSS INCOME P

Less : PROJECTED OPERATING EXPENSE

Hired Labor P 3,000.00
Delivery cost 5,000.00
Repairs and Maintenance 2,500.00
Utilities expense (Light and Water) 3,500.00
Owner's wage 10,000.00
Depreciation 500.00
Insurance 0.00
Interest expense 0.00
Taxes and Licenses 500.00
Office Supplies 0.00
Travel Expense 0.00
Miscellaneous Expense 1,500.00

PROJECTED NET INCOME BEFORE TAX P

Return on Investment (Net Income / Loan)

= (P 88,000.00 x 4) / P1,000,000.00
= P352,000.00 / P 1,000,000.00
= 35% per year

Payback Period = Loan / Annual Net Income

= P1,000,000.00 / P352,000.00
= 2 Years 10 months