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LIVESTOCK RAISING
Projected Income Statement
hog raising
for the period of February 1,2021 to August 30,2021

PROJECTED REVENUES:
sale (20 heads of fattening x P 10.200/pig) P
Other Income
Total Gross Income P

Less : PROJECTED COST

cost of 2 gilts P 44,000.00
Feeds - pellets,boosters, starters, concentrates, etc. 71,750.00
Vitamin Supplements 3,000.00
Disinfectants 250.00
Vaccines 1,000.00
Housing 0.00
Dewormers 1,000.00
Antibiotics 1,000.00
Service fee -
Boar Service 1,600.00
PROJECTED GROSS INCOME P

Less : PROJECTED OPERATING EXPENSE

Hired Labor P 3,000.00
Delivery cost 1,000.00
Repairs and Maintenance 10,000.00
Utilities expense (Light and Water) 1,500.00
Owner's wage 3,000.00
Depreciation 500.00
Insurance 500.00
Interest expense 0.00
Taxes and Licenses 500.00
Office Supplies 0.00
Travel Expense 200.00
Miscellaneous Expense 0.00

PROJECTED NET INCOME BEFORE TAX P

Return on Investment (Net Income / Loan)

= (P 60,700.00x 2) / P300,000.00
= P121,400.00 / P 300,000.00
= 40% per year

Payback Period = Loan / Annual Net Income

= P300,000.00/ P 121,400.00
= 2 Years 4 months