Items Cost

Item Cost (=N=)

Business cards 500.00
Printer 10,000.00
Leaflets 500.00
Blank invoices 1,000.00
Internet 10,000.00
Insurance 20,000.00
Farm Land @ Cost 180,000.00
Building 100,000.00
Advertising / marketing 10,000.00
Others 50,000.00
Total 382,000.00

Cost of labor
Labor  Salary in Naira
Cleaners 20,000.00
Food technicians 20,000.00
Security guards 6,000.00
Other 30,000.00
Total salary 76,000.00
Others include the veterinary
doctors, drivers and technician
that we pay by the hour. 30,000.00

Equipments Cost
Feeders and drinkers 8,000.00
Crates 10,000.00
Lighting system  15,000.00
Egg tray 3,000.00
Layers Cages/Broiler House 250,000.00
Others 50,000.00
Total equipment 336,000.00

Cost of birds
Point of lay (Layers) 500@1000 500,000.00
Broilers 400@250 100,000.00
Turkey 100@650 65,000.00
Total 665,000.00

Rand Total 1,489,000.00

Diviass Nigeria Enterprises
Projected Income Statement for 3 years
Income                                               Year 1 Year 2
6'' Blocks 54,000,000.00 81,000,000.00
9'' Blocks 61,200,000.00 91,800,000.00
Paving Stones(in per sqr mtr) 170,000,000.00 255,000,000.00
Revenue from Installation of Paving Stones 90,000,000.00 135,000,000.00
Concrete Pipe 200,000,000.00 300,000,000.00
Total income 575,200,000.00 862,800,000.00

Direct Cost
6'' Blocks 18,000,000.00 27,000,000.00
9'' Blocks 20,400,000.00 30,600,000.00
Paving Stones(in per sqr mtr) 56,666,666.67 85,000,000.00
Revenue from Installation of Paving Stones 30,000,000.00 45,000,000.00
Concrete Pipe 66,666,666.67 100,000,000.00
Total Cost 191,733,333.33 287,600,000.00

Expenses
Insurance 50,000.00 50,000.00
Internet 120,000.00 120,000.00
Salaries/wages 2,400,000.00 2,400,000.00
Advertisement/marketing  50,000.00 50,000.00
Factory maintenance/transportation/Logistics 50,000.00 60,000.00
Other expenses 100,000.00 120,000.00
Total expenses 2,770,000.00 2,800,000.00
Net income before tax 572,429,983.00 859,999,983.00
Taxes 171,728,994.90 257,999,994.90
Consultancy fee 600,000.00 600,000.00
Depreciation  53,400.00 45,750.00
Net income 400,047,588.10 601,354,238.10
Year 3
162,000,000.00
183,600,000.00
680,000,000.00
180,000,000.00
400,000,000.00 Monthly Revenue Qty SP
1,605,600,000.00 47,933,333.33 78,333.33 611.9149

54,000,000.00
61,200,000.00
226,666,666.67
60,000,000.00
133,333,333.33 Variable Cost Qty CP
535,200,000.00 15,977,777.78 78,333.33 203.9716

50,000.00
120,000.00
2,400,000.00
50,000.00
60,000.00
120,000.00 FC Qty
2,800,000.00 230,833.33 78,333.33
1,602,799,983.00
480,839,994.90
600,000.00
36,414.00
1,121,323,574.10
Break Even Revenue Break Even Qty
346,250.00 565.85

Contribution Margin Contribution Margin Ratio

31,955,555.56 0.666667