FINANCIAL PLAN

I. SUMMARY
CAPITAL INVESTMENT
Particular Amount
1. Food Cart Truck Expenses P200,600.00
2. Kitchen Tools and Equipment Expenses P64,414.00
3. Furniture and Fixtures Expenses P2,549.00
4. Store and Office Supplies P38,998.00
5. Staff Supplies Expenses P5,250.00
5. Grocery/ Ingredients Expenses P186,396.00
6. Business Permit and Licenses Expenses P6,650.00
7. Gasoline/ Fuel Expenses P27,000
8. Contingency Fee - 15% P79,778.56
Total: P611,635.56

FINANCING NEED:
Our company will be needing: P611,635.56 to start up this business.

RETURN ON INVESTMENT:
Initial Cost of Investment: P800,000

YEAR EXPECTED NET INCOME CUMULATIVE EXPECTED ROI %

NET INCOME
1 P 175,437.09 P 175,437.09 0.22 22%
2 P 302,031.79 P 477,468.88 0.60 60%
3 P 451,602.88 P 929,071.76 1.16 116%
II. CAPITAL INVESTMENT
Primarily, the business will be financed by the capital contributions of the partners. An
equal amount of money will be invested by each partner that will serve as the funds to be used
for the initial operation of the proposed business and its improvement and expansion, thereof.
CAPITAL SHARING
Partners Investment ( in peso )
Buyco, Dane Marie P160,000
Paderos, Kisha Lyka P160,000
Sampelo, Eriane Marie P160,000
Oblena, Charles Lawrence P160,000
Tabuada, Ymmanoel P160,000
Total P800,000
III. PROJECTED EXPENSES AND COSTING
A. CART CUSTOMIZATION

COST OF CART CUSTOMIZATION

Item Unit Price Quantity Supplier Cost
Bluefields Hardware
7pcs
Plain Sheet 1,500.00/sheet Outlet 10,500.00
Bluefields Hardware
6pcs
2x2 Tubular 1,020.00/pc Outlet 6,120.00
Bluefields Hardware
10pcs
1x1 Tubular 500.00/pc Outlet 5,000.00
Bluefields Hardware
2 Gallon
Body Filler 740.00/pc Outlet 1,480.00
Bluefields Hardware
3 Liters
Paint 240.00/liter Outlet 720.00
Bluefields Hardware
3 Kg
Welding Rod 180.00/kg Outlet 540.00
Bluefields Hardware
10 pcs
Cutting Dish 40/pc Outlet 400.00
Bluefields Hardware
20 pcs
Sandpaper 20.00/pc Outlet 400.00
Bluefields Hardware
3 liters
Primer 120.00/pc Outlet 360.00
Bluefields Hardware
1 Gallon
Epoxy Primer 750.00/pc Outlet 750.00
Top Coat Bluefields Hardware
1 liter
Clear 360.00/pc Outlet 360.00
Bluefields Hardware
24 pcs
Guage 980.00/pc Outlet 17,640.00
Total 44,270.00
Labor Cost 22,135.00
TOTAL COST 66,405.00
B. CART EQUIPMENT
Particulars Unit Cost Supplier Amount
Rusi Chariot Motor 112,000.00 Rusi San Isidro 112,000.00
Thermal Receipt and 2,097.00 Plextone Official 2,097.00
Drawer Set Store
Asahi Wall Fan 1,599.00 Ace Hardware 1,599.00
Navigatore Gasoline 18,499.00 Ace Hardware 18,499.00
Generator NG2200
Total 134,195.00

C. FOOD CART TOTAL EXPENSES

Particular Amount
Cart Customization 66,405.00
Car Equipment 134,195.00
Total 200,600.00

D. FURNTITURE & FIXTURES

Particulars Unit Cost Supplier Amount

Water 899.00 Savemore 899.00
Portable 1,650.00 FCE Shop 1,650.00
Total 2,459.00
E. KITCHEN TOOLS & EQUIPMENT

Particulars Unit Cost Quantity Supplier Amount

Rotating 480.00 3 Sulit Benta 1,440.00
Cutting 189.00 5 Citi Star 945.00
Wooden 225.00 10 Citi Star 2,250.00
Flat Pan 400.00 3 Citi Star 1,200.00
Pots 969.00 3 Citi Star 969.00
Gas Stove 929.00 1 Citi Star 929.00
Soup Ladle 15.00 6 Citi Star 90.00
Tongs 35.00 6 Citi Star 210.00
Gas Tank 1,200.00 36 Solane 43,600.00
Cooking 178.00 1 Sulit Benta 178.00
Condiments 39.00 6 Citi Star 234.00
Trash Bins 359.00 6 Citi Star 2,154.00
Water Gallon 160.00 2 Aquazac 320.00
Scissors 65.00 3 Citi Star 195.00
Mandolin 147.00 2 SJK Trading 294.00
Orocan 990.00 2 Handyman 1,980.00
Water Pail 409.00 3 Citi Star 1,227.00
Portable 1,799.00 1 Handyman 1,799.00
Grid Wooden 253.00 2 Plextone 506.00
Total 64,414.00
F. SUPPLIES
SUPPLIES
Particulars Cost Quantiry Amount
Food Sanitary Mouth Guard 180.00 3 sets 540.00
Hair Net 72.00 3 sets 216.00
Cleaning Towels/Mats 7.00 3 pcs 21.00
Napkins 12.00 5 packs 60.00
Disposable Sanitary Gloves 19.00 3 boxes 57.00
Sponges 20.00 1 pack 20.00
Receipts Thermal Paper (57x50mm) 15.00 20 rolls 300.00
Foam Spray Cleaner w/ Brush (650ml) 56.00 20 cans 1,120.00
Disposable Shoe Cover 170.00 10 box 1,700.00
Spray Bottle 39.00 3 pcs 117.00
Disposable Cups (8oz) 145.00 30sets 4,350.00
Disposable Fork 18.00 30 sets 540.00
Disposable Spoon 18.00 30 sets 540.00
Disposable Soup Cups w/ Cover 120.00 30 sets 3,600.00
Hinged Sauce Cup 75.00 30 sets 2,250.00
Plastic Bag 45.00 30 sets 1,350.00
Soap Dispenser 453.00 6 pcs. 2,718.00
Total Amount 19,499.00

Supplies Expences
monthly 19,499.00
annual 77,996.00

Amount
2022 77,996.00
2023 77,996.00
2024 77,996.00

Note:
* We replenish our disposable supplies quarterly
* We assume that the price did not increase every year
 STAFF SUPPLIES
Particulars Cost Quantiry Amount

Staff Aprons 105.00 10 pcs 1,050.00

Staff Unifform (Shirts) 350.00 12 sets 4,200.00
Total Amount 5,250.00

Amount
2022 5,250.00
2023 5,250.00
2024 5,250.00

Note:
* We replenish our supplies annually.
* We assume that the price did not increase every year
G. GROCERIES
GROCERIES
Particulars Cost Quantiry Amount

Rice ₱2200/sack 1 2,200.00

Garlic ₱160/kilogram 1 160.00
Cooking oil ₱120 / L 1 120.00
Soy Sauce ₱50/liter 1 50.00
Water 20/container 3 60.00
Beef Pares ₱300/kilogram 2 600.00
Pita Bread ₱450/50 pcs 3 1,350.00
Shawarma Wrap ₱150/50 pcs 3 450.00
Cucumber ₱20/kilogram 1 20.00
White Onion ₱80/kilogram 1 80.00
Tomatoe ₱50/kilogram 1 50.00
Vegetable Oil ₱128/liter 2 256.00
Ginger ₱100/kilogram 1 100.00
Garlic ₱120/kilogram 1 120.00
Onion ₱100/kilogram 1 100.00
Black Pepper ₱125/kilogram 1 125.00
Sugar ₱52/kilogram 2 100.00
Beef Cube ₱33/box (6 pcs) 1 33.00
Star Anise ₱39/pack 1 39.00
Green Onion ₱10/bundle 1 10.00
Salt ₱30/kilogram 1 30.00
Cornstarch ₱31/kilogram 1 31.00
Lemonade Powder ₱180/500g 1 180.00
Ice ₱60/pack 1 60.00
Sugar ₱50/kilogram 1 50.00
Water ₱20/container 1 20.00
Gulam Juice Powder ₱120/500 g 1 120.00
Ice ₱60/pack 1 60.00
Quickmelt Cheese ₱83/pack 1 83.00
Total Amount 6,657.00
 Groceries Expences
daily 6,657.00
monthly 46,599.00
annual 559,188.00

Amount
2022 559,188.00
2023 671,025.60
2024 771,679.44
Note:
* We replenish our groceries 7 time a month.
* We assume that the Groceries Inventory for the 1st year was 10,000.

H. FUEL
Particulars Cost Quanti Amou
ry nt
Fuel 75 3 liters 225

Fuel
Expences
daily 225.00
monthly 2,250.00
annual 27,000.00

Amount
2022 27,000.00
2023 29,700.00
2024
34,155.00

Note:
* We assume that the fuel consumption every day is
3 liters.
* Each year the fuel cost increase by 10%.
I. PERMITS AND LICENSES
Permits & licenses
Particulars Amount
Business Permit 5,000
Cedula 50
Sanitary permit 200
Location Clearance 100
Certificate of 300
Registration
Health 500
Sanitary 500
Total 6,650

Note:
* We assume that the taxes and licenses for every year was 6,650 pesos.
J. COSTING

COST OF RAW MATERIAL FOR WORKING CAPITAL PER SERVE

Plain Rice (Yields : 25)

Measurement
Cost of
Ingredients Supplier needed for the Cost
Ingredients
recipe
Santa Barbara
Rice 2200/sack Public Market 2 kg 88
Aquazac Water
Water 20/container Refilling Station 2L 2
Total price of recipe for 25 yields ₱90.00 ₱3.60

Fried Rice (Yields : 20)

Measurement
Cost of
Ingredients Supplier needed for the Cost
Ingredients
recipe
Santa Barbara
Rice ₱2200/sack Public Market 2 kg 88
Santa Barbara
Garlic ₱160/kilogram Public Market 250 g 40
Santa Barbara
Cooking oil ₱120 / L Public Market 100 ml 12
Santa Barbara
Soy Sauce ₱50/liter Public Market 100 ml 5
Total price of recipe for 20 yields ₱145.00 ₱7.25
 Pares ala Shawarma (Yield : 20)
Measurement
Cost of
Ingredients Supplier needed for the Cost
Ingredients
recipe
Beef Pares ₱300/kilogram Pares Yarn 1 kg 300
Great Cyrus
Pita Bread ₱450/50 pcs Delivery 30 pcs 270
Shawarma Great Cyrus
Wrap ₱150/50 pcs Delivery 30 pcs 90
Santa Barbara
Cucumber ₱20/kilogram Public Market 500 g 10
Santa Barbara
White Onion ₱80/kilogram Public Market 500 g 40
Santa Barbara
Tomatoe ₱50/kilogram Public Market 200 g 10
Quickmelt Savemore
Cheese ₱83/pack Supermarket 8g 83
Total price of recipe
for 20 yields ₱803.00 ₱40.15

Beef Pares (Yield: 20)

Measurement
Cost of
Ingredients Supplier needed for the Cost
Ingredients
recipe
Vegetable Oil ₱128/liter Savemore 5 ml 0.60
Ginger ₱100/kilogram Savemore 40 g 4.00
Garlic ₱120/kilogram Savemore 60 g 7.20
Onion ₱100/kilogram Savemore 64 g 6.40
Jhorden Pork &
Beef ₱300/kilogram Beef Shop 2 kg 600.00
Soy Sauce ₱48/liter Savemore 100 ml 4.80
Black Pepper ₱125/kilogram Savemore 4 tablespoon 6.75
Sugar ₱52/kilogram Savemore 300 g 15.60
Aquazac Water
Water ₱15/container Refilling Station 10 L 7.50
Beef Cube ₱33/box (6 pcs) Savemore 2 pcs 11.00
Star Anise ₱39/pack Savemore 12 g 4.70
Santa Barbara
Green Onion ₱10/bundle Public Market 1 bundle 10.00
Santa Barbara
Salt ₱30/kilogram Public Market 5 tablespoon 2.40
Santa Barbara
Cornstarch ₱31/kilogram Public Market 120 g 3.75
 Total price of recipe for 20 yields ₱685.00 ₱34.25
Lemonade (Yield: 40)
Measurement
Cost of
Ingredients Supplier needed for the Cost
Ingredients
recipe
Lemonade Santa Barbara
Powder ₱180/500g Public Market 500 g 180
Ice ₱60/pack Savemore 1 pack 60
Santa Barbara
Sugar ₱50/kilogram Public Market 600 g 30
Aquazac Water
Water ₱20/container Refilling Station 10 L 10
Total price of recipe for 40 yields ₱280.00 ₱7.00

Gulaman (Yield: 40 )
Measurement
Cost of
Ingredients Supplier needed for the Cost
Ingredients
recipe
Gulam Juice Santa Barbara
Powder ₱120/500 g Public Market 500 g 120
Ice ₱60/pack Savemore 1 pack 60
Santa Barbara
Sugar ₱50/kilogram Public Market 600 g 30
Aquazac Water
Water ₱20/container Refilling Station 10 L 10
Total price of recipe for 40 yields ₱220.00 ₱5.50
 SALES

Estimated
No. of Orders Estimated Sales Sales per Estimated
PRODUCTS Selling Price
per day per day (php) month (26 Sales per year
days)

PARES
Pares ala Shawarma 85.00 25 2,125.00 55,250.00 663,000.00
Beef Pares 70.00 20 1,400.00 36,400.00 436,800.00
RICE
Fried Rice 15.00 10 150.00 3,900.00 46,800.00
Plain Rice 13.00 15 195.00 5,070.00 60,480.00
DRINKS
Gulaman 15.00 10 150.00 3,900.00 46,800.00
Lemonade 20.00 15 300.00 7,800.00 93,600.00
Bottled Water 15.00 5 75.00 1,950.00 23,400.00
TOTAL 100 5,635.00 114,270.00 1,371,240.00
 WORKING CAPITAL

No.of Cost of
Cost of Cost of
NAME OF Cost Orders Sales per
RM DL FO Sales per Sales per
PRODUCTS of Sale per month (26
day year
day days)
PARES
Pares ala Shawarma 40.15 3.00 1.00 44.15 25 1103.75 28,697.50 344,370.00
Beef Pares 34.25 3.00 1.00 38.25 20 765.00 19,890.00 238,680.00
RICE
Fried Rice 7.25 1.00 1.00 9.25 10 92.50 2,405.00 28,860.00
Plain Rice 3.60 1.00 0.40 5.00 15 75.00 1,950.00 23,400.00
DRINKS
Gulaman 5.50 1.00 0.50 7.00 10 70.00 1,820.00 21,840.00
Lemonade 7.00 1.00 1.00 9.00 15 135.00 3,510.00 42,120.00
Bottled Water 7.00 0.00 0.00 7.00 5 35.00 910.00 10,920.00
TOTAL 104.8 10.0 4.9 119.7 100 2,276.25 59,182.50 710,190.00

Notes:

* The Sales and Cost of Sale increase by 20% per year.

Therefore,
SALES COST OF SALE

2022 1,371,240.00 710,190.00

2023 1,645,488.00 852,288.00
2024 1,974,585.60 1,022,673.60
K. COMPENSATION
COMPENSATION & BENEFITS

PARTICULARS Pre- Year 1 Year 2 Year 3

Operating
SALARIES 26,700.00 320,400.00 320,400.00 320,400.00
SSS Benifits 2,269.50 27,234.00 27,234.00 27,234.00
Phil-Health Benifits 400.50 4,806.00 4,806.00 4,806.00
SPAG-IBIG Benifits 534.00 6,408.00 6,408.00 6,408.00
13th Months Pay - 26,700.00 26,700.00 26,700.00
TOTAL 29,904.00 385,548.00 385,548.00 385,548.00

MONTHLY SALARIES
NUMBEROF MONTHLY
POSITION STAFF GROSS PAY
Cook 1 15,000.00
Assistant 1 11,700.00
TOTAL 2 26,700.00

ANNUAL SALARIES
NUMBEROF MONTHLY
POSITION STAFF GROSS PAY
Cook 1 180,000.00
Assistant 1 140,400.00
TOTAL 2 320,400.00
 BENEFITS
NUMBER OF MONTHLY ANNUAL
EMPLOYER SHARE CONTRIBUTION STAFF BENEFITS BENEFITS
POSITION
SSS Phil- Health PAG-IBIG
Cook 1,275.00 225.00 300.00 1 1,800.00 21,600.00
Assistant 994.50 175.50 234.00 1 1,404.00 16,848.00
TOTAL 2,269.50 400.50 534.00 2 3,204.00 38,448.00

13th Month Pay Annually

13th Months
MONTH
PAY
Cook 15,000.00 12 15,000.00
Assistant 11,700.00 12 11,700.00
TOTAL 26,700.00
 IV. FINANCIAL ASSUMPTIONS

A. DEPRECIATION SCHEDULE
DEPRECIATION SCHEDULE
Salvage
Useful Depreciable Annual
Acquisition of Fixed Cost Value Year 1 Year 2 Year 3
life Cost Depreciation
Assests (10%)
Food Cart Truck 200,600.00 10 20,060.00 180,540.00 18,054.00 18,054.00 18,054.00 18,054.00

Kitchen Equipment
64,414.00 3 6,441.40 57,972.60 19,324.20 19,324.20 19,324.20 19,324.20
& Tools

Furniture &
2,549.00 5 254.90 2,294.10 458.82 458.82 458.82 458.82
Fixtures
Total Fixed Assets 267,563.00 26,756.30 240,806.70 37,837.02 37,837.02 37,837.02 37,837.02

Notes:
1. All Fixed Assets will use straight-line method with 10% salvage value.

2. The Food Cart Truck will have a 10 years useful life. From the cost of P200,600.00 its depreciable cost
after 10 years is P180,540.00.
Therefore, if P180,540.00 will be divided to 10 years useful life, its annual depreciation is P18,054.00.

3. The Kitchen Equipment and Tools will have a 3 years useful life. From the cost of 64,414.00its depreciable
cost after 3 years
is P57,972.60.Therefore, if P57,972.6 will be divided to 3 years useful life, its annual depreciation is
P21,969.09.

4. Furniture and Fixtures will have a 5 years useful life. From the cost of 2,549.00 its depreciable cost after 5
years is P2,294.10
Therefore, if P2,294.1 will be divided to 5 years useful life, its annual depreciation is P458.82.
B. SALES PLAN

SALES PLAN 2022

PRODUCT Selling Price Daily Order Sales per day Sales per month Sales per year
PARES
Pares ala
Shawarma 85.00 25 2,125.00 55,250.00 663,000.00
Beef Pares 70.00 20 1,400.00 36,400.00 436,800.00
RICE
Fried Rice 15.00 10 150.00 3,900.00 46,800.00
Plain Rice 13.00 15 195.00 5,070.00 60,480.00
DRINKS
Gulaman 15.00 10 150.00 3,900.00 46,800.00
Lemonade 20.00 15 300.00 7,800.00 93,600.00
Bottled Water 15.00 5 75.00 1,950.00 23,400.00
TOTAL 100 4,395.00 114,270.00 ₱1,371,240.00

SALES PLAN 2023

PRODUCT Selling Price Daily Order Sales per day Sales per month Sales per year
PARES
Beef ala Shawarma 85.00 30 2,550.00 66,300.00 795,600.00
Beef Pares 70.00 24 1,680.00 43,680.00 524,160.00
RICE
Fried Rice 15.00 12 180.00 4,680.00 56,160.00
Plain Rice 13.00 18 234.00 6,084.00 73,008.00
DRINKS
Gulaman 15.00 12 180.00 4,680.00 56,160.00
Lemonade 20.00 18 360.00 9,360.00 112,320.00
Bottled Water 15.00 6 90.00 2,340.00 28,080.00
TOTAL 120 5,274.00 137,124.00 ₱1,645,488.00
 SALES PLAN 2024
PRODUCT Selling Price Daily Order Sales per day Sales per month Sales per year
PARES
Beef ala Shawarma 85.00 36 3,060.00 79,560.00 954,720.00
Beef Pares 70.00 29 2,016.00 52,416.00 628,992.00
RICE
Fried Rice 15.00 14 216.00 11,232.00 67,392.00
Plain Rice 13.00 22 280.80 12,168.00 87,609.60
DRINKS
Gulaman 15.00 14 216.00 5,616.00 67,392.00
Lemonade 20.00 22 432.00 11,232.00 134,784.00
Bottled Water 15.00 7 108.00 2,808.00 33,696.00
TOTAL 144 6,328.80 164,548.80 ₱1,974,585.60
 C. COST OF SALES PLAN
COST OF SALES 2022
Cost of Daily
PRODUCT RM DL FO Sale Order COS per day COS per month COS per year
PARES
Beef ala Shawarma 40.15 3.00 1.00 44.15 25 1,103.75 28,697.50 344,370.00
Beef Pares 34.25 3.00 1.00 38.25 20 765.00 19,890.00 238,680.00
RICE
Fried Rice 7.25 1.00 1.00 9.25 10 92.50 2,405.00 28,860.00
Plain Rice 3.60 1.00 0.40 5.00 15 75.00 1,950.00 23,400.00
DRINKS
Gulaman 5.50 1.00 0.50 7.00 10 70.00 1,820.00 21,840.00
Lemonade 7.00 1.00 1.00 9.00 15 135.00 3,510.00 42,120.00
Bottled Water 7.00 0.00 0.00 7.00 5 35.00 910.00 10,920.00
TOTAL 104.75 100 2,276.25 59,182.50 ₱710,190.00

COST OF SALES 2023

Cost of Daily COS per
PRODUCT RM DL FO Sale Order COS per day month COS per year
PARES
Beef ala
Shawarma 40.15 3.00 1.00 44.15 30 1,324.50 34,437.00 413,244.00
Beef Pares 34.25 3.00 1.00 38.25 24 918.00 23,868.00 286,416.00
RICE
Fried Rice 7.25 1.00 1.00 9.25 12 111.00 2,886.00 34,632.00
Plain Rice 3.60 1.00 0.40 5.00 18 90.00 2,340.00 28,080.00
DRINKS
Gulaman 5.50 1.00 0.50 7.00 12 84.00 2,184.00 26,208.00
Lemonade 7.00 1.00 1.00 9.00 18 162.00 4,212.00 50,544.00
Bottled Water 7.00 0.00 0.00 7.00 6 42.00 1,092.00 13,104.00
TOTAL 104.75 120 2,731.50 71,019.00 ₱852,228.00
 COST OF SALES 2024
Cost of Daily COS per
PRODUCT RM DL FO Sale Order COS per day month COS per year
PARES
Beef ala
Shawarma 40.15 3.00 1.00 44.15 36 1,589.40 41,324.40 495,892.80
Beef Pares 34.25 3.00 1.00 38.25 29 1,101.60 28,641.60 343,699.20
RICE
Fried Rice 7.25 1.00 1.00 9.25 14 133.20 3,463.20 41,558.40
Plain Rice 3.60 1.00 0.40 5.00 22 108.00 2,808.00 33,696.00
DRINKS
Gulaman 5.50 1.00 0.50 7.00 14 100.80 2,620.80 31,449.60
Lemonade 7.00 1.00 1.00 9.00 22 194.40 5,054.40 60,652.80
Bottled
Water 7.00 0.00 0.00 7.00 7 50.40 1,310.40 15,724.80
TOTAL 104.75 144 3,277.80 85,222.80 ₱1,022,673.60
V. FINANCIAL STATEMENTS

FOOD2GO
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED DECEMBER 31, 2022

Sales Revenue ₱1,371,240.00

Cost of Goods
Sold 710,190.00
Gross Profit 661,050.00
Operating
Expenses
Salaries and
Wages 262,080.00
Employee Benefits
Expense 57,624.00
Depreciation Expense 37,837.02
Repairs and
Maintenance 10,000.00
Utility Expense 27,000.00
Store and Office
Supplies 77,996.00
Taxes and
Liceses 6,650.00
Miscellaneous Expenses 1,000.00 480,187.02
Operating
Income 180,862.98
Income Tax 5,425.89
Net Income ₱175,437.09
 FOOD2GO
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED DECEMBER 31, 2023

Sales Revenue ₱1,645,488.00

Cost of Goods
Sold 852,228.00
Gross Profit 793,260.00
Operating
Expenses
Salaries and
Wages 262,080.00
Employee Benefits
Expense 57,624.00
Depreciation Expense 37,837.02
Repairs and
Maintenance 10,000.00
Store and Office
Supplies 77,996.00
Taxes and
Liceses 6,650.00
Utility
Expenses 29,700.00 481,887.02
Operating
Income 311,372.98
Income Tax 9,341.19
Net Income ₱302,031.79
 FOOD2GO
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED DECEMBER 31, 2024

Sales Revenue ₱1,974,585.00

Cost of Goods
Sold 1,022,673.60
Gross Profit 951,912.00
Operating
Expenses
Salaries and
Wages 262,080.00
Employee Benefits
Expense 57,624.00
Depreciation Expense 37,837.02
Repairs and
Maintenance 10,000.00
Store and Office
Supplies 77,996.00
Taxes and
Liceses 6,650.00
Utility
Expenses 34,155.00 486,342.02
Operating
Income 465,569.98
Income Tax 13,967.10
Net Income ₱451,602.88
 FOOD2GO
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 2022

Operating
Activities
Net Income ₱175,437.09
Increase in Inventory -10,000.00
Increase in Store Supplies -5,000.00
Increase in Accounts
Payable 10,000.00
Depreciation Expense 37,837.02
Total Cash Provided by Operating Activities 208,274.11

Investing
Activities
Acquisition of Food Cart Equipment -200,600.00
Acquisition of Kitchel Tools & Equipment -64,414.00
Acquisition of Furniture & Fixture -2,549.00
Total Cash Provided by Investing Activities -267,563.00

Financing
Activities
Capital investments of Partners 800,000.00
Total Cash Provided by Investing Activities 800,000.00
Total increase in cash 740,711.11
Cash balance, beginning 0.00
Cash balance, ending ₱740,711.11
 FOOD2GO
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 2023

Operating
Activities
Net Income ₱302,031.79
Increase in Inventory -15,000.00
Increase in Store Supplies -5,000.00
Increase in Accounts
Payable 10,000.00
Depreciation Expense 37,837.02
Total Cash Provided by Operating Activities 329,868.81

Investing
Activities
Total Cash Provided by Investing Activities 0.00

Financing
Activities
Total Cash Provided by Investing Activities 0.00
Total increase in cash 329,868.81
Cash balance, beginning 740,711.11
Cash balance, ending ₱1,070,579.92
 FOOD2GO
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 2024

Operating
Activities
Net Income ₱451,602.88
Increase in Inventory -25,000.00
Increase in Store Supplies -5,000.00
Increase in Accounts
Payable 10,000.00
Depreciation Expense 37,837.02
Total Cash Provided by Operating Activities 469,439.90

Investing
Activities
Total Cash Provided by Investing Activities 0.00

Financing
Activities
Total Cash Provided by Investing Activities 0.00
Total increase in cash 469,439.90
Cash balance, beginning 1,070,579.92
Cash balance, ending ₱1,540,019.82
 FOOD2GO
STATEMENT OF FINANCIAL POSITION
AS OF DECEMBER 31, 2022

ASSETS
Current Assets
Cash ₱740,711.11
Inventory 10,000.00
Store and Office Supplies 5,000.00
Total Current Assets 755,711.11

Noncurrent Assets
Food Cart Truck 200,600.00
Accumulated Depreciation 18,054.00 182,546.00

Kitchen Tools and

Equipment 64,414.00
Accumulated Depreciation 19,324.20 45,089.80

Furniture and Fixtures 2,549.00

Accumulated Depreciation 458.82 2,090.18
Total Non-current Assets 229,725.98
Total Assets ₱985,437.09

LIABILITIES AND OWNER'S EQUITY

LIABILITIES AND OWNER'S EQUITY
Current Liabilities
Accounts Payable ₱10,000.00
Total Current Liabilities 10,000.00
Total Liabilities 10,000.00

OWNER'S EQUITY
Capital Balance, end 975,437.09
Total Owner's Equity 975,437.09
Total Liabilities and Owner's Equity ₱985,437.09
 FOOD2GO
STATEMENT OF FINANCIAL POSITION
AS OF DECEMBER 31, 2023

ASSETS
Current Assets
Cash ₱1,070,579.92
Inventory 25,000.00
Store and Office Supplies 10,000.00
Total Current Assets 1,105,579.92

Noncurrent Assets
Food Cart Truck 200,600.00
Accumulated Depreciation 36,108.00 164,492.00

Kitchen Tools and Equipment 64,414.00

Accumulated Depreciation 38,648.40 25,765.60

Furniture and Fixture 2,549.00

Accumulated Depreciation 917.64 1,631.36
Total Non-current Assets 191,888.96
Total Assets ₱1,297,468.88

LIABILITIES AND OWNER'S

EQUITY
LIABILITIES AND OWNER'S
EQUITY
Current Liabilities
Accounts Payable ₱20,000.00
Total Current Liabilities 20,000.00
Total Liabilities 20,000.00

OWNER'S EQUITY
Capital Balance, end 1,277,468.88
Total Owner's Equity 1,277,468.88
Total Liabilities and Owner's Equity ₱1,297,468.88
 FOOD2GO
STATEMENT OF FINANCIAL POSITION
AS OF DECEMBER 31, 2024

ASSETS
Current Assets
Cash ₱1,540,019.82
Inventory 50,000.00
Store and Office Supplies 15,000.00
Total Current Assets 1,605,019.82

Noncurrent Assets
Food Cart Truck 200,600.00
Accumulated Depreciation 54,162.00 146,438.00

Kitchen Tools and Equipment 64,414.00

Accumulated Depreciation 57,972.60 6,441.40

Furniture and Fixture 2,549.00

Accumulated Depreciation 1,376.46 1,172.54
Total Non-current Assets 154,051.94
Total Assets ₱1,759,071.76

LIABILITIES AND OWNER'S EQUITY

LIABILITIES AND OWNER'S EQUITY
Current Liabilities
Accounts Payable ₱30,000.00
Total Current Liabilities 30,000.00
Total Liabilities 30,000.00

OWNER'S EQUITY
Capital Balance, end 1,729,071.76
Total Owner's Equity 1,729,071.76
Total Liabilities and Owner's Equity ₱1,759,071.76
 FOOD2GO
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED DECEMBER 31, 2022

Capital Balance, beginning

Buyco, Capital ₱160,000.00
Paderos, Capital 160,000.00
Sampelo, Capital 160,000.00
Oblena, Capital 160,000.00
Tabuada, Capital 160,000.00
Total 800,000.00
Add: Net Income 175,437.09
Capital Balance, ending ₱975,437.09

FOOD2GO
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED DECEMBER 31, 2023

Capital Balance,
beginning ₱975,437.09
Total 975,437.09
Add: Net Income 302,031.79
Capital Balance, ending ₱1,277,468.88

FOOD2GO
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED DECEMBER 31, 2024

Capital Balance,
beginning ₱1,277,468.88
Total 1,277,468.88
Add: Net Income 451,602.88
Capital Balance, ending ₱1,729,071.76
VI. FINANCIAL ANALYSIS
FINANCIAL ANALYSIS
2022 2023 2024
PROFIT MARGIN = NET INCOME 175,437.09 302,031.79 451,602.88
REVENUE 1,371,240.00 1,645,488.00 1,974,585.60
0.13 0.18 0.23

RETURN ON CAPITAL= NET INCOME 175,437.09 302,031.79 451,602.88

AVE. CAPITAL 160,000.00 195,087.42 255,493.78
1.10 1.55 1.77

INVESTED CAPITAL
TURNOVER = REVENUE 1,371,240.00 1,645,488.00 1,974,585.60
AVE. CAPITAL 160,000.00 195,087.42 255,493.78
8.57 8.43 7.73

RETURN ON EQUITY = NET INCOME 175,437.09 302,031.79 451,602.88

OWNER'S EQUITY 975,437.09 1,277,468.88 1,729,071.76
0.18 0.24 0.26

RETURN ON INVESTMENT = NET INCOME 175,437.09 302,031.79 451,602.88

INVESTMENTS 800,000.00 800,000.00 800,000.00
0.22 0.38 0.56

Note: The partners agreed to withdraw all accumulated profit by December 10th of the fifth year from the beginning of
the operation

CURRENT RATIO = CURRENT ASSET 755,711.11 1,105,579.92 1,605,019.82

CURRENT LIABILITIES 10,000.00 20,000.00 30,000.00
75.57 55.28 53.50