1.

0 Build the gross profit subtotals using the keyboard

Year 1 Year 2 Year 3 Year 4 Year 5

Sales 823.0 847.7 864.6 881.9 899.6
Cost of goods sold (530.5) (543.8) (557.4) (571.3) (585.6)
Gross profit
2.0 Use the assumptions below to build the income statement sales forecast on the next sheet

Historic Year 1F Year 2F Year 3F Year 4F Year 5F

Sales growth assumption 4.5 % 4.0 % 3.0 % 2.5 % 2.5 %
2.0 Build the sales forecast using the assumptions on the previous sheet

Historic Year 1 Year 2 Year 3 Year 4 Year 5

Sales 300.0
3.0 Put the subtotals into the balance sheet extract below.
First build the sum functions manually, then delete them and try again using the autosum shortcut ALT =

Year 1 Year 2 Year 3 Year 4 Year 5

Cash 425.0 437.8 450.9 464.4 478.3
Accounts receivable 836.3 1,012.0 1,043.2 1,076.5 1,113.8
Prepayments 1,374.0 1,596.7 1,660.0 1,713.1 1,772.3
Inventory 143.9 175.5 170.5 175.9 182.0
Total current assets

PPE 2,301.0 2,755.6 2,776.4 2,806.3 2,845.5

Intangible assets 1,385.5 1,649.2 1,649.2 1,649.2 1,649.2
Total non-current assets

TOTAL ASSETS
ortcut ALT =
4.0 Add comments to the historic year numbers as below:
Comments
Historic sales Net of sales returns as per annual report page 41
Historic cost of goods sold Adjusted to remove non-recurring items as per annual report page 23

Historic Year 1 Year 2 Year 3 Year 4 Year 5

Sales 748.2 823.0 847.7 864.6 881.9 899.6
Cost of goods sold 476.9 530.5 543.8 557.4 571.3 585.6
Gross profit 271.3 292.5 303.9 307.3 310.6 314.0
l report page 23
5.0 Format and range name a circularity switch 'Circ' in cell C3 below:

Circularity switch
1 = on
0= off
6.0 Create a new style called 'Model input' in Excel
Format any blank cell and then use it to create the new style as follows:

Number Not specified

Alignment Not specified
Font Arial, size 10, blue font colour
Border Not specified
Fill Grey shading
Protection Not specified