Profit and Loss Table

REVENUE (Year 1)
SALES (RM)
2D1N Package (Walk the Torq) 108,200.00
3D2N Package (Walk the Torq) 158,415.00
2D1N Package (Low’s Peak Circuit) 105,610.00
3D2N Package (Low’s Peak Circuit) 50,215.00

TOTAL SALES RM 422,440.00

EXPENSES (RM)
LABOR EXPENSE
Wages & Salary 144,000.00
Benefits -
Other -

TOTAL LABOR EXPENSE RM 144,000.00

OTHER EXPENSES (RM)

GENERAL & ADMIN
Supplies 1,200.00
Rent 42,000.00
Telephone 2,500.00
Utilities 27,000.00
Insurance 8,000.00
Repairs/ Maintenance 12,000.00
Misc. 4,500.00

SALES & MARKETING

Advertising 36,000.00
Direct Marketing 8,000.00
Print Advertising 5,400.00
Events/ Tradeshows/ Sponsorships 18,600.00
Marketing Collateral 2,200.00
Misc. 1,670.00
Other 7,800.00

TOTAL EXPENSES RM 320,870.00

NET INCOME (Year 1) RM 101,070.00

Balance Sheets Table

ASSETS Year 1 Year 2

CURRENT ASSETS (RM)
Cash 50,000.00 60,000.00
Accounts Receivable - 4,500.00
Inventory - -
Prepaid Expenses - -
Short-Term Investments - -

TOTAL CURRENT ASSETS RM 50,000.00 RM 64,500.00

FIXED (LONG-TERM) ASSETS

Long-Term Investments - -
Property/Equipment 60,000.00 70,000.00
(Less Accumulated Depreciation) 5,000.00 10,000.00
Intangible Assets - -
TOTAL FIXED ASSETS RM 65,000.00 RM 80,000.00

OTHER ASSETS
Deferred Income Tax - -
Other 50,000.00 60,000.00
TOTAL OTHER ASSETS 50,000.00 60,000.00
TOTAL ASSETS RM 115,000.00 RM 140,000.00

LIABILITIES & OWNER’S EQUITY Year 1 Year 2

CURRENT LIABILITIES (RM)
Accounts Payable 15,000.00 20,000.00
Short-Term Loans 20,000.00 15,000.00
Income Taxes Payable - 12,000.00
Accrued Salaries and Wages - 22,000.00
Unearned Revenue - -
Current Portion of Long-Term Debt - -
TOTAL CURRENT LIABILITIES RM 35,000.00 RM 69,000.00
LONG-TERM LIABILITIES
Long-Term Debt 30,000.00 20,000.00
Deferred Income Tax 12,750.00 11,000.00
Other 7,250.00 -
TOTAL LONG-TERM LIABILITIES RM 50,000.00 RM 31,000.00
OWNER’S EQUITY
Owner Investment 30,000.00 40,000.00
Retained Earnings - -
Other - -
TOTAL OWNER’S EQUITY RM 30,000.00 RM 40,000.00
TOTAL LIABILITIES & OWNER’S EQUITY RM 115,000.00 RM 140,000.00
Cash Flow Table

TIME PERIOD COVERED CASH FLOW TYPE

Year 1 PESSIMISTIC EXPECTED OPTIMISTIC

CASH ON HAND (RM) 50,000.00 70,000.00 90,000.00

(+) CASH RECEIPTS

Cash Sales 421,940.00 430,000.00 450,000.00
Customer Account Collections - - -
Loan/ Cash Injection - - -
Interest Income - - -
Tax Refund - - -
Other Cash Receipts - - -
Other - - -
TOTAL CASH RECEIPTS RM RM RM
421,940.00 430,000.00 450,000.00

(-) CASH PAYMENTS

Payroll Taxes/ Benefits - Direct 65,000.00 60,000.00 55,000.00
Salaries – Direct 144,000.00 142,000.00 140,000.00
Supplies 1,200.00 1,100.00 1,000.00
Rent 42,000.00 41,000.00 40,000.00
Marketing 70,200.00 69,000.00 68,000.00
Repairs/Maintenance 12,000.00 11,000.00 10,000.00
Misc. 4,500.00 4,000.00 3,500.00
Other 7,800.00 7,500.00 7,000.00
TOTAL CASH PAYMENTS RM RM RM
346,700.00 335,600.00 324,500.00

(-) OPERATING EXPENSES

Account Fees 8,000.00 7,000.00 6,000.00
Telephone 2,500.00 2,200.00 2,000.00
Utilities 27,000.00 25,000.00 23,000.00
Insurance 8,000.00 7,800.00 7,500.00
Other - - -
TOTAL OPERATING EXPENSES RM 45,500.00 RM 42,000.00 RM 38,500.00

TOTAL CASH PAYMENTS RM 392,200.00 RM 377,600.00 RM 363,000.00

NET CASH CHANGE RM 29,740.00 RM 52,400.00 RM 87,000.00
END-OF-PERIOD CASH POSITION RM 89,740.00 RM 122,400.00 RM 177,000.00