TABLE 2.

1 PERSONNEL CONTRIBUTION (EMPLOYEE)

Annual Deductions 13th Month

Position Net Total
Salary Pay
SSS Phil health HDMF Total
Worker 1 109,200.00 4,860.00 2,184.00 2,184.00 9,228.00 99,972.00 9,100.00
Worker 2 109,200.00 4,860.00 2,184.00 2,184.00 9,228.00 99,972.00 9,100.00
Worker 3 109,200.00 4,860.00 2,184.00 2,184.00 9,228.00 99,972.00 9,100.00
Worker 4 109,200.00 4,860.00 2,184.00 2,184.00 9,228.00 99,972.00 9,100.00
Total 436,800.00 19,440.00 8,736.00 8,736.00 36,912.00 399,888.00 36,400.00
Net Pay

109,072.00
109,072.00
109,072.00
109,072.00
436,288.00
 TABLE 2.2 PERSONNEL CONTRIBUTION (EMPLOYER)

Deductions
Position Total Contribution
SSS Phil health HDMF
Worker 1 10,260.00 2,184.00 2,184.00 14,628.00
Worker 2 10,260.00 2,184.00 2,184.00 14,628.00
Worker 3 10,260.00 2,184.00 2,184.00 14,628.00
Worker 4 10,260.00 2,184.00 2,184.00 14,628.00
Total 41,040.00 8,736.00 8,736.00 58,512.00
 TABLE 2.3 COST OF REGULATORY REQUIREMENTS

DESCRIPTION COST FOR 2024 COST FOR 2025-2028

Barangay Clearance 150.00 100.00
Mayor’s permit/ Business permit 500.00 500.00
BIR certificate of registration 520.00 500.00
Certificated Of Business Name Registration from
500.00 -
the Department of Trade and Industry (DTI)
TOTAL REGULATORY REQUIREMENTS 1,670.00 1,100.00
 TABLE 2.4 BUILDING REQUIREMENTS COST

DESCRIPTION SOURCE

Cement Mega Grand Enterprises

Hallow Blocks Mega Grand Enterprises
Sand & Grevel Mega Grand Enterprises
Gakvanized Iron 24x8 Mega Grand Enterprises
Nail # 1 Mega Grand Enterprises
Nail # 2 Mega Grand Enterprises
Nail # 3 Mega Grand Enterprises
Nail # 4 Mega Grand Enterprises
Wire Alambre Mega Grand Enterprises
Paint (White and Black) Mega Grand Enterprises
PVC Door (CR & Storage Room) Mega Grand Enterprises
Panel Door (Main Door, Office Door, Production Area & Store Area) Mega Grand Enterprises
Toilet Bowl Mega Grand Enterprises
Door Knob Mega Grand Enterprises
LED Bulb Mega Grand Enterprises
Sink Mega Grand Enterprises
Switch Light Mega Grand Enterprises
Tiles Mega Grand Enterprises
Plywood Mega Grand Enterprises
Reinforcement Steel Bar # 10 Mega Grand Enterprises
Mason
Carpenter
Labor
TOTAL BUILDING REQUIREMENTS COST
Salvage Value
Estimated Useful Life
ANNUAL DEPRICIATION
ENTS COST

QUANTITY UNIT COST TOTAL COST

50 Sacks 235 11,750.00

1000 Pieces 20 20,000.00
1 Dump Truc 2,500 2,500.00
1 Dump Truc 3,000 3,000.00
2 Kilogram 90 180.00
2 Kilogram 90 180.00
2 Kilogram 90 180.00
2 Kilogram 90 180.00
1 Pieces 90 90.00
2 Galloon 900 1800
2 Pieces 2,060 4,120.00
4 Pieces 3,500 14,000.00
1 Pieces 700 700.00
6 Pieces 213 1,278.00
7 Pieces 88 616.00
1 Pieces 249 249.00
7 Pieces 85 595
200 Pieces 120 24000
35 Pieces 430 15050
25 Pieces 620 15,500.00
2 Person 650 1,300.00
2 Person 550 1,100.00
2 Person 400 800.00
119,168.00
11,916.80
5
21,450.24
 TABLE 2.5 LAND REQUIREMENTS

DESCRIPTION LAND AREA COST TOTAL

Purchased Land 40 sqm 3,750.00/sqm 150,000.00
Total Land Requirements 150,000.00
 TABLE 2.6 OFFICE FURNITURE AND FIXTURES

Description Source Qty Unit Cost Total Cost

Office Table Unicity 1 Pcs 7,990.00 7,990.00

Office Chair Unicity 3 Pcs 3,990.00 11,970.00
Plastic Chair Unicity 8 Pcs 650 5,200.00
Total Office Furniture and Fixtures Requirements 25,160.00
AND FIXTURES

Salvage
EUL Annual Depreciation
Value
799.00 5 1438.2
1,197.00 5 2154.6
520.00 5 936
2,516.00 5 4,528.80
 TABLE 2.7 OFFICE EQUIPMENT

Salvage
Description Source Qty Unit Cost Total Cost EUL
Value
Calculator K-3 Centerpoint 2 Pcs 150 300.00 30.00 5
Stapler K-3 Centerpoint 2 Pcs 95 190.00 19.00 5
Total Office Equipment's Requirements 490.00 49.00 5
Annual Depreciation

54.00
34.20
88.20
 TABLE 2.8 OFFICE SUPPLIES COST

Description Source Qty Unit Cost Total Cost

Record Book K-3 Centerpoint 1 Pc 65.00 65.00
Ballpen K-3 Centerpoint 2 Pcs 8.00 16.00
Bond Paper K-3 Centerpoint 1 Ream 239.00 239.00
Stapler K-3 Centerpoint 1 Pc 95.00 95.00
Scissor K-3 Centerpoint 1 Pc 28.00 28.00
Staple K-3 Centerpoint 1 Pack 30.00 30.00
Correction Tape K-3 Centerpoint 1 Pc 30.00 30.00
Total Office Supplies 503.00
TABLE 2.9 PROJECTED OFFICE SUPPLIES

Years Total Cost of Supplies

2024 503.00
2025 529.66
2026 557.73
2027 587.29
2028 618.42
TABLE 3.2 NO. OF HOUSEHOLD/INDIVIDUAL POPULATION

Surigao City
Year
Number of Households
Past
2018 110,729
2019 160,277
2020 209,825
2021 259,373
2022 308,921
Projected
2023 358,469
2024 408,017
2025 457,565
2026 507,113
2027 556,661
 TABLE 3.3 DEMAND PROJECTION

Year Number of Household Demand in Household Demand in Kilos

1 2 3 4
Past
2018 110,729 44,292 88,583
2019 160,277 64,111 128,222
2020 209,825 83,930 167,860
2021 259,373 103,749 207,498
2022 308,921 123,568 247,137
Projected
2023 358,469 143,388 286,775
2024 408,017 163,207 326,414
2025 457,565 183,026 366,052
2026 507,113 202,845 405,690
2027 556,661 166,998 333,997
 TABLE 3.4 SUPPLY PROJECTION

Year Number of Household Supply Supply in Packs

1 2 3 4
Past
2018 110,729 13,287 26,575
2019 160,277 19,233 38,466
2020 209,825 25,179 50,358
2021 259,373 31,125 62,250
2022 308,921 37,071 74,141
Projected
2023 358,469 43,016 86,033
2024 408,017 48,962 97,924
2025 457,565 54,908 109,816
2026 507,113 60,854 121,707
2027 556,661 50,099 100,199
 TABLE 3.5 DEMAND AND SUPPLY GAP

Year Demand/Supply Gap Percentage Unsatisfied

1 2 3
Past
2018 62,008 70.00
2019 89,755 70.00
2020 117,502 70.00
2021 145,249 70.00
2022 172,996 70.00
Projected
2023 200,743 70.00
2024 228,490 70.00
2025 256,236 70.00
2026 283,983 70.00
2027 233,798 70.00
TABLE 3.6 PRODUCTION TABLE

Year Production
2023 9,360
2024 9,856
2025 10,378
2026 10,929
2027 11,508
 TABLE 3.7 MARKET SHARE PROJECTION

Year Production Projected Supply + Production Market Share (%)

1 2 3 4=(2/3)
2024 9,360 22,647 41.33%
2025 9,856 29,089 33.88%
2026 10,378 35,557 29.19%
2027 10,929 42,053 25.99%
2028 11,508 48,578 23.69%
 TABLE 3.8 SALES PROJECION

Year Unit Cost Quantity Sold Sales Revenue

2024 150.00 9,173 1,375,920.00
2025 157.95 9,846 1,555,200.72
2026 166.32 10,368 1,724,420.55
2027 175.14 10,918 1,912,053.03
2028 184.42 11,496 2,120,101.61
 TABLE 3.9 PRICING ANALYSIS

Description Source Qty Unit Cost Amount

Santol fruit Fruit Wholesaler 15 Kilograms 32.00 480.00
Sugar Palma Superstore 5 Kilograms 75.00 375.00
Sodium Hydroxide or Lihiya Surigao Private Market 1 Liter 95.00 95.00
Packaging Online Shop 30 pcs 5.00 150.00
Logo stickers Online Shop 30 pcs 2.00 60.00
Labor 1 person 350.00 350.00
Total Operating Cost 1,510.00
Divided by the No. of product (Packs) 30
Cost Price 50.33
Mark-up(298.01%) 99.67
Unit Selling Price 150.00

(unit selling price/total

operating cost)*no of 2.9801
Mark Up = 298.0132
production*100 150.00
 Per piece Amount Per month Amount
kl 0.75 24.00 390 12,480.00
pack 0.25 18.75 130 9,750.00
pack 0.05 4.75 26 2,470.00
pack 1.5 7.50 780 3,900.00
1.5 3.00 780 1,560.00
person 0.05 17.50 26 9,100.00
75.50 39,260.00
1.00 780.00
75.50 50.33
74.50 99.67
150.00 150.00
Annual Amount
4680 149,760.00
1560 117,000.00
312 29,640.00
9360 46,800.00
9360 18,720.00
312 109,200.00
471,120.00
9,360.00
50.33
99.67
150.00
 TABLE 3.10 INVENTORY COSTING

Beginning Goods Available Ending Inventory

Year Production
Inventory for Sale (2% of Production)
1 2 3=1+2 4=1*2%

2024 9,360.00 - 9,360.00 187

2025 9,856.08 187.20 10,043.28 197

2026 10,378.45 197.12 10,575.57 208

2027 10,928.51 207.57 11,136.08 219

2028 11,507.72 218.57 11,726.29 230

VENTORY COSTING

Quantity Sold Cost Price Unit Cost B Cos E Cos

5=3-4 6 7 8=2*6 9=4*6

9,173 50.33 150.00 - 9,422.40
9,846 51.34 157.95 9,610.85 10,120.22
10,368 52.37 166.32 10,322.63 10,869.73
10,918 53.41 175.14 11,087.12 11,674.74
11,496 54.48 184.42 11,908.23 12,539.37
 TABLE 4.0 PRODUCTION FURNITURE AND FIXTURE

Description Source Quantity Unit cost Total cost

Plastic Table Unicity 1 Pc 7,990.00 7,990.00
Plastic Chairs Unicity 3 Pcs 650.00 1,950.00
Total 9,940.00
E AND FIXTURE

Salvage
EUL Annual Depreciation
Value
799.00 5 1,438.20
195.00 5 351.00
994.00 5 1,789.20
 TABLE 4.1 PRODUCTION EQUIPMENT REQUIREMENTS

Description Source Qty Unit cost Total cost

Kitchen Utensils Unicity 1 set 6,000.00 6,000.00

Boiling Point Thermometer Unicity 2 pc 560.00 1,120.00
Aluminum Tray Unicity 10 pc 95.00 950.00
Burner LPG Supplier 1 pc 1,435.00 1,435.00
Total 9,505.00
EQUIREMENTS

Salvage
EUL Annual Depreciation
Value
600.00 5 1,080.00
112.00 5 201.60
95.00 5 171.00
143.50 5 258.30
950.50 5 1,710.90
Table 4.2 Raw Materials

Description Source Qty Unit Cost

Santol fruit Fruit Wholesaler 4,680 Kilograms 32.00
Sugar Palma Superstore 1,560 Kilograms 75.00
Sodium Hydroxide or Lihiya Surigao Private Market 312 Liter 95.00
Total Raw Materials Cost
Total Cost
149,760.00
117,000.00
29,640.00
296,400.00
 PROJECTED RAW MATERIALS

Year Projected Cost

2024 296,400.00
2025 312,109.20
2026 328,650.99
2027 346,069.49
2028 364,411.17
 TABLE 4.4 PRODUCTION SUPPLIES

Description Source Qty Unit cost

Apron Uni City 4 Pcs 100.00
Gloves Uni City 1 Box 235.00
Hair Net Uni City 8 Pcs 25.00
Hand Towel Uni City 8 Pcs 62.00
Basin Uni City 3 Pcs 169.00
LPG LPG Supplier 12 refills 1,200.00
Dishwashing Liquid Uni City 4 Pcs 62.00
Total 1,853.00
Total cost
400.00
235.00
200.00
496.00
507.00
14,400.00
248.00
16,486.00
TABLE 4.5 PROJECTED PRODUCTION SUPPLIES

YEAR Projected Supplies

2024 16,486.00
2025 17,359.76
2026 18,279.83
2027 19,248.66
2028 20,268.83
 TABLE 4.6 PROJECTED WATER CONSUMPTION

Year Annual Water Consumption Production (80%)

2024 3,000.00 2,400.00
2025 3,150.00 2,520.00
2026 3,307.50 2,646.00
2027 3,472.88 2,778.30
2028 3,646.52 2,917.22
NSUMPTION

Administrative (20%)
600.00
630.00
661.50
694.58
729.30
 TABLE 4.7 PROJECTED ELECTRICITY CONSUMPTION

Year Annual Electricity Consumption Production (70%) Administrative (30%)

2024 14,400.00 10,080.00 4,320.00
2025 15,120.00 10,584.00 4,536.00
2026 15,876.00 11,113.20 4,762.80
2027 16,669.80 11,668.86 5,000.94
2028 17,503.29 12,252.30 5,250.99
 Cost Category

Fees and Permits

Administrative

Production Cost

Project Cost

Working Capital

TOTAL PROJECT COST

 Description

Barangay Clearance
Mayor's Permit/ Business Permit
BIR certificate of registration
Certificated Of Business Name Registration from the Department of Trade and Industry (DTI)

Building Requirements
Land Requirements
Furniture and Fixtures
Office Equipment
Office Supplies

Furniture and Fixtures

Equipment
Raw Materials
Supplies
Salary

ROJECT COST
Total Cost

150.00 100.00
500.00 500.00
520.00 500.00
500.00 -
1,670.00 1,100.00

119,168.00
150,000.00
25,160.00
490.00
503.00
295,321.00

9,940.00
9,505.00
-
16,486.00
473,200.00
509,131.00

806,122.00

3,878.00

810,000.00
Loan Amount: 405,000.00
Term 6
Interest Rate: 12%
Basis: Annually
Total Principal Payment: 405,000.00
Total Interest Paid: 291,600.00

YEAR AMORTIZATION PRINCIPAL INTEREST BALANCE

0 405,000.00
1 116,100.00 67,500.00 48,600.00 337,500.00
2 116,100.00 67,500.00 48,600.00 270,000.00
3 116,100.00 67,500.00 48,600.00 202,500.00
4 116,100.00 67,500.00 48,600.00 135,000.00
5 116,100.00 67,500.00 48,600.00 67,500.00
6 116,100.00 67,500.00 48,600.00 -
TOTAL 696,600.00 405,000.00 291,600.00 -
Table 5.2 Statements Of Cost Of Good Sold Projections

Santol Candy
Statements of Cost of Good Sold Projections
For the Year Ended December 31, 2024 through 2028

Table 2024 2025

RAW MATERIALS USED 4.3

Purchases(Raw Materials) 296,400.00 312,109.20
Transportation In 19,200.00 19,200.00
Cost of Raw Materials Used 315,600.00 331,309.20
DIRECT LABOR 2.1 473,200.00 473,200.00
MANUFACTURING OVERHEAD
Electric Expense 4.7 10,080.00 10,584.00
Water Expense 4.8 2,400.00 2,520.00
Production Supplies 4.5 16,486.00 17,359.76
Dep'n Expense-Production Equipment 4.2 1,710.90 1,710.90
Dep'n Expense- Production Furniture and Fixtures 4.1 1,789.20 1,789.20
Total Manufacturing Overhead 32,466.10 33,963.86
TOTAL MANUFACTURING COSTS 821,266.10 838,473.06
Add:Work in Process, Beg. - -
Total Cost of Goods Placed in Process 821,266.10 838,473.06
Less:Work in Process, End - -
Cost of Goods Manufactured 821,266.10 838,473.06
Add:Finished Goods, Beg. - 9,422.40
Cost of Goods Available for Sale 821,266.10 847,895.46
Less:Finished Goods, End 9,422.40 10,120.22
COST OF GOODS SOLD 811,843.70 837,775.24
ections
rough 2028

2026 2027 2028

328,650.99 346,069.49 364,411.17

19,200.00 19,200.00 19,200.00 400.00
347,850.99 365,269.49 383,611.17 821,266.10
473,200.00 473,200.00 473,200.00

11,113.20 11,668.86 12,252.30

2,646.00 2,778.30 2,917.22
18,279.83 19,248.66 20,268.83 5% increase every year
1,710.90 1,710.90 1,710.90
1,789.20 1,789.20 1,789.20
35,539.13 37,195.92 38,938.45
856,590.11 875,665.41 895,749.63
- - -
856,590.11 875,665.41 895,749.63
- - -
856,590.11 875,665.41 895,749.63
10,120.22 10,869.73 11,674.74
866,710.34 886,535.13 907,424.36
10,869.73 11,674.74 12,539.37
855,840.61 874,860.39 894,884.99
 Santol Candy
Statements of Income Projections
For the Years Ended December 31, 2024 through 2028

Table 2024 2025 2026

Sales 3.8 1,375,920.00 1,555,200.72 1,724,420.55

Less Cost of Sold 5.2 811,843.70 837,775.24 855,840.61
Gross Profit 564,076.30 717,425.48 868,579.95
Less Operating Expenses:
Regulatory Fees 2.3 1,670.00 1,100.00 1,100.00
Electricity Expense 4.7 4,320.00 4,536.00 4,762.80
Water Expense 4.6 600.00 630.00 661.50
Interest Expense 2.1 48,600.00 48,600.00 48,600.00
Office Supplies Expense 2.9 503.00 529.66 557.73
SSS Contributions Expense 2.2 41,040.00 41,040.00 41,040.00
PHIC Contributions Expense 2.2 8,736.00 8,736.00 8,736.00
HDMF Contributions Expense 2.2 8,736.00 8,736.00 8,736.00
Depreciation Expense:
Building 21,450.24 21,450.24 21,450.24
Office Furniture and Fixtures 2.4 4,528.80 4,528.80 4,528.80
Office Equipment 2.6 88.20 88.20 88.20
Total Operating Expenses 2.7 140,272.24 139,974.90 140,261.27
Operating Income before Tax 423,804.06 577,450.59 728,318.67
Less: Income Tax 5.14 27,260.81 57,990.12 88,163.73
NET INCOME 396,543.25 519,460.47 640,154.94
028

2027 2028

1,912,053.03 2,120,101.61 68,796.00 77,760.04 86,221.03 95,602.65 106,005.08

855,840.61 894,884.99
1,056,212.42 1,225,216.61

1,100.00 1,100.00
5,000.94 5,250.99
694.58 729.30
48,600.00 48,600.00
587.29 618.42
41,040.00 41,040.00
8,736.00 8,736.00
8,736.00 8,736.00

21,450.24 21,450.24
4,528.80 4,528.80
88.20 88.20
140,562.05 140,877.95
915,650.38 1,084,338.67
131,412.59 173,584.67
784,237.78 910,754.00
 Santol Candy
Statements of Changes in Equity Projections
For the Years Ended December 31, 2023 through 2027

Table 2023 2024 2025

Capital Beginning - 776,543.25 1,271,003.72
Add: Net Income 5.3 396,543.25 519,460.47 640,154.94
Initial Investment 405,000.00 - -
TOTAL 801,543.25 1,296,003.72 1,911,158.66
Less: Personal Drawings 25,000.00 25,000.00 25,000.00
Capital End 776,543.25 1,271,003.72 1,886,158.66
 ctions
rough 2027

2026 2027
1,886,158.66 2,645,396.44
784,237.78 910,754.00
- -
2,670,396.44 3,556,150.44
25,000.00 25,000.00
2,645,396.44 3,531,150.44
 Santol Candy
Statement of Cash Flows Projections
For the Years Ended December 31, 2023 through 2027

Table 2023

Cash Flows from Operating Activities

Net Income 5.3 396,543.25
Adjustments to reconcile net income to net cash
provided by operating activities
Income Tax 5.14 27,260.81
Depreciation Expense
Building 2.4 21,450.24
Office Furniture and Fixtures 2.6 4,528.80
Office Equipment 2.7 88.20
Production Equipment 4.1 1,710.90
Furniture and Fixtures 4.0 1,789.20
Increase in Accounts Receivable 5.6 - 68,796.00
Increase in Inventory 5.6 - 9,422.40
Increase in Loans Payable 5.1 67,500.00
Increase in Accounts Payable 5.6 40,592.19
Increase in SSS Contributions Payable 2.1 19,440.00
Increase in PHIC Contributions Payable 2.1 8,736.00
Increase in HDMF Contributions Payable 2.1 8,736.00
Net cash provided by (used in) operating activities 520,157.19
Cash Flows from Investing Activities
Acquisitions of:
Land 2.5 - 150,000.00
Building 2.4 - 119,168.00
Office Furniture and Fixtures 2.6 - 25,160.00
Office Equipment 2.7 - 490.00
Production Equipment 4.1 - 9,505.00
Production Furniture and Fixtures 4.0 - 9,940.00
Net cash provided by (used in) investing activities - 314,263.00
Cash Flows from Finacing Activities
Cash received as investments by owners 405,000.00
Cash received from borrowings 405,000.00
Loan Payments - 67,500.00
Owner's personal drawings - 25,000.00
Net cash provided by (used in) financing activities 717,500.00
Net increase/(decrease) in cash 923,394.19
Cash Balance at the Beginning of the Period -
Cash Balance at the End of the Period 923,394.19
 Santol Candy
of Cash Flows Projections
d December 31, 2023 through 2027

2024 2025 2026 2027

519,460.47 640,154.94 784,237.78 910,754.00

30,729.31 30,173.62 43,248.86 42,172.07

21,450.24 21,450.24 21,450.24 21,450.24

4,528.80 4,528.80 4,528.80 4,528.80
88.20 88.20 88.20 88.20
1,710.90 1,710.90 1,710.90 1,710.90
1,789.20 1,789.20 1,789.20 1,789.20
- 8,964.04 - 8,460.99 - 9,381.62 - 10,402.43
- 697.82 - 749.50 - 805.01 - 864.63
- - - -
1,296.58 903.27 950.99 1,001.23

571,391.83 691,588.67 847,818.33 972,227.58

- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

- - - -
- - - -
- 67,500.00 - 67,500.00 - 67,500.00 - 67,500.00
- 25,000.00 - 25,000.00 - 25,000.00 - 25,000.00
- 92,500.00 - 92,500.00 - 92,500.00 - 92,500.00
478,891.83 599,088.67 755,318.33 879,727.58
923,394.19 1,402,286.02 2,001,374.69 2,756,693.02
1,402,286.02 2,001,374.69 2,756,693.02 3,636,420.60
 503.04 - 920.63 - 1,020.81 10,402.43

3,732.84 3,919.48 4,115.46 4,321.23

- 3,229.80 - 4,840.11 - 5,136.27 6,081.20
 Santol Candy
Statements of Financial Position Projections
For the Years Ended December 31, 2023 through 2027

Table 2023 2024

ASSETS
Current Assets
Cash on Hand 5.5 923,394.19 1,402,286.02
Accounts Receivable 3.5 68,796.00 77,760.04
Inventory 3.7 9,422.40 10,120.22
Total Current Assets 1,001,612.59 1,490,166.27
Non Current Assets
Land and Building 2.5 247,717.76 226,267.52
Office Furniture and Fixtures 2.6 20,631.20 16,102.40
Office Equipment 2.7 401.80 313.60
Production Equipment 4.1 7,794.10 6,083.20
Production Furniture and Fixtures 4.0 8,150.80 6,361.60
Total Non Current Assets 284,695.66 255,128.32
TOTAL ASSETS 1,286,308.25 1,745,294.59

LIABILITIES AND OWNER'S EQUITY

Current Liabilities
Loans Payable 67,500.00 67,500.00
Income Tax Payable 5.14 27,260.81 57,990.12
SSS Contributions Payable 2.1 19,440.00 19,440.00
PHIC constributions Payable 2.1 8,736.00 8,736.00
HDMF Constributions Payable 2.1 8,736.00 8,736.00
Accounts Payable 5.2 40,592.19 41,888.76
Total Current Liabilities 172,265.00 204,290.88
Non Current Liabilities - -
Loans Payable - Long Term Portion 5.1 337,500.00 270,000.00
Total Liabilities 509,765.00 474,290.88
Owner's Equity 5.4 776,543.25 1,271,003.72
TOTAL LIABILITIES AND OWNER'S EQUITY 1,286,308.25 1,745,294.59

- 0.00

0
ion Projections
, 2023 through 2027

2025 2026 2027

2,001,374.69 2,756,693.02 3,636,420.60

86,221.03 95,602.65 106,005.08 68,796.00 8,964.04
10,869.73 11,674.74 12,539.37 9,422.40 697.82
2,098,465.44 2,863,970.41 3,754,965.05

204,817.28 183,367.04 161,916.80 21,450.24

11,573.60 7,044.80 2,516.00 4,528.80
225.40 137.20 49.00 88.20
4,372.30 2,661.40 950.50 1,710.90
4,572.40 2,783.20 994.00 1,789.20
225,560.98 195,993.64 166,426.30
2,324,026.42 3,059,964.05 3,921,391.35

67,500.00 67,500.00 67,500.00 67,500.00 -

88,163.73 131,412.59 173,584.67 27,260.81 30,729.31
19,440.00 19,440.00 19,440.00 19,440.00 -
8,736.00 8,736.00 8,736.00 8,736.00 -
8,736.00 8,736.00 8,736.00 8,736.00 -
42,792.03 43,743.02 44,744.25 40,592.19 1,296.58
235,367.77 279,567.61 322,740.92
- - -
202,500.00 135,000.00 67,500.00 337,500.00 (67,500.00)
437,867.77 414,567.61 390,240.92
1,886,158.66 2,645,396.44 3,531,150.44
2,324,026.42 3,059,964.05 3,921,391.35

0.00 0.00 0.00

0
 8,460.99 9,381.62 10,402.43
749.50 805.01 864.63

30,173.62 43,248.86 42,172.07

903.27 950.99 1,001.23

 Santol Candy
Financial Statement Analysis
For the Years Ended December 31, 2023 through 2027

2023 2024 2025 2026

Liquidity Ratios
Current Ratio current assets 5.81 7.29 8.92 10.24
current liabilities

Quick Ratio quick assets 5.76 7.24 8.87 10.20

current liabilities

Profitability Ratios
Return on Total Assets net income 0.31 0.30 0.28 0.26
total assets

Return on Sales net income 0.29 0.33 0.37 0.41

sales

Return on Equity net income 0.51 0.41 0.34 0.30

equity
2027

11.63

11.60

0.23

0.43

0.26
 Santol Candy
Break-Even Analysis
For the Years Ended December 31, 2023 through 2027

Asumptions
Selling Price: 150.00
Variable Cost 50.33
Fixed Cost 423,804.06

Calculated Break-Even
Break-Even Sales Revenue 637,832.20
Break-Even Sales Units 4,252.21

Profit and Loss Statement

Sales Units 4,252.21
Sales 637,832.20
Less: Cost of Goods Sold 214,028.14
Gross Profit 423,804.06
Less: Fixed Costs 423,804.06
Net Profit -
 Santol Candy
Common-size Statements of Cost of Goods Sold Projections
For the Years Ended December 31, 2023 through 2027

Table 2023 2024

RAW MATERIALS USED

Purchases(Raw Materials) 4.3 36.51% 37.25%
Transportation In 2.36% 2.29%
Cost of Materials Used 38.87% 39.55%
DIRECT LABOR 2.1 58.29% 56.48%
MANUFACTURING OVERHEAD
Electric Expense 4.6 1.24% 1.26%
Water Expense 4.7 0.30% 0.30%
Production Supplies 4.4 2.03% 2.07%
Dep'n Expense-Production Machineries and Equipment 4.1 0.21% 0.20%
Dep'n Expense-Furniture and Fixtures 4.0 0.22% 0.21%
Total Manufacturing Overhead 4.00% 4.05%
TOTAL MANUFACTURING COSTS 101.16% 100.08%
Add:Work in Process, Beg. 0.00% 0.00%
Total Cost of Goods 101.16% 100.08%
Less:Work in Process, End 0.00% 0.00%
Cost of Goods Manufactured 101.16% 100.08%
Add:Finished Goods, Beg. 3.7 0.00% 1.12%
Cost of Goods Available for Sale 101.16% 101.21%
Less:Finished Goods, End 3.7 1.16% 1.21%
COST OF GOODS SOLD 100.00% 100.00%
rojections
h 2027

2025 2026 2027

38.40% 39.56% 40.72%

2.24% 2.19% 2.15%
40.64% 41.75% 42.87%
55.29% 54.09% 52.88%

1.30% 1.33% 1.37%

0.31% 0.32% 0.33%
2.14% 2.20% 2.26%
0.20% 0.20% 0.19%
0.21% 0.20% 0.20%
4.15% 4.25% 4.35%
100.09% 100.09% 100.10%
0.00% 0.00% 0.00%
100.09% 100.09% 100.10%
0.00% 0.00% 0.00%
100.09% 100.09% 100.10%
1.18% 1.24% 1.30%
101.27% 101.33% 101.40%
1.27% 1.33% 1.40%
100.00% 100.00% 100.00%
 Santol Candy
Common Size Statements of Income Projections
For the Years Ended December 31, 2019 through 2023

Table 2023 2024 2025

Sales 3.5 100.00% 100.00% 100.00%

Less Cost of Sold 59.00% 53.87% 49.63%
Gross Profit 41.00% 46.13% 50.37%
Less Operating Expenses:
Regulatory Fees 2.3 0.12% 0.07% 0.06%
Electricity Expense 4.7 0.31% 0.29% 0.28%
Water Expense 4.6 0.07% 0.08% 0.08%
Interest Expense 5.1 3.53% 3.12% 2.82%
Office Supplies Expense 2.9 0.04% 0.03% 0.03%
Rent Expense 2.5 2.98% 2.64% 2.38%
SSS Contributions Expense 2.2 0.63% 0.56% 0.51%
PHIC Contributions Expense 2.2 0.63% 0.56% 0.51%
HDMF Contributions Expense 2.2 0.00% 0.00% 0.00%
Depreciation Expense:
Building
Office Furniture and Fixtures 2.6 0.01% 0.01% 0.01%
Office Equipment 2.7 10.19% 9.00% 8.13%
Operating Expenses 10.19% 9.00% 8.13%
Operating Income before Tax 30.80% 37.13% 42.24%
Less: Income Tax 5.14 1.98% 3.73% 5.11%
NET INCOME 28.82% 33.40% 37.12%
2026 2027

100.00% 100.00%
44.76% 42.21%
55.24% 57.79%

0.06% 0.05%
0.26% 0.25%
0.08% 0.08%
2.54% 2.29%
0.03% 0.03%
2.15% 1.94%
0.46% 0.41%
0.46% 0.41%
0.00% 0.00%

0.00% 0.00%
7.35% 6.64%
7.35% 6.64%
47.89% 51.15%
6.87% 8.19%
41.02% 42.96%
 Santol Candy
Common Size Statements of Changes in Equity
For the Years Ended December 31, 2019 through 2023

Table 2023 2024 2025 2026 2027

Capital Beginning 0.00% 61.10% 67.39% 71.30% 74.92%
Add: Net Income 5.3 51.07% 40.87% 33.94% 29.65% 25.79%
Initial Investment 5.0 52.15% 0.00% 0.00% 0.00% 0.00%
TOTAL 103.22% 101.97% 101.33% 100.95% 100.71%
Less: Personal Drawings 3.22% 1.97% 1.33% 0.95% 0.71%
Capital End 100.00% 100.00% 100.00% 100.00% 100.00%
 Santol Candy
Statement of Cash Flows Projections
For The Years Ended December 31, 2019 through 2023

Table

Cash Flows from Operating Activities

Net Income 5.3
Adjustments to reconcile net income to net cash
provided by operating activities
Depreciation Expenses
Income Tax 5.3
Depreciation Expense
Office Furniture and Fixtures 2.6
Office Equipment 2.7
Production Machineries and Equipment 4.1
Furniture and Fixtures 4.0
Increase in Accounts Receivable 5.6
Increase in Inventory 5.6
Increase in Loans Payable 5.6
Increase in Accounts Payable 5.6
Increase in SSS Contributions Payable 5.6
Increase in PHIC Contributions Payable 5.6
Increase in HDMF Contributions Payable 5.6
Net cash provided by (used in)operating activities
Cash Flows from Investing Activities
Acquisitions of:
Building 2.4
Office Furniture and Fixtures 2.7
Office Equipment 4.1
Production Equipment 4.0
Furniture and Fixtures
Net cash provided by (used in) investing activities
Cash Flows from Finacing Activities 5.0
Cash received as investments by owners 5.1
Cash received from borrowings 5.1
Loan PaymentS 5.4
Owner's personal drawings
Net cash provided by (used in) financing activities
Net increase/(decrease) in cash
Cash Balance at the Beginning of the Period
Cash Balance at the End of the Period
ojections
2019 through 2023

2023 2024 2025 2026 2027

42.94% 37.04% 31.99% 28.45% 25.05%

2.95% 2.08% 1.81% 1.54% 1.35%

2.32% 0.00% 0.00% 0.00% 0.00%

0.49% 0.00% 0.00% 0.00% 0.00%
0.01% 0.00% 0.00% 0.00% 0.00%
0.19% 0.00% 0.00% 0.00% 0.00%
0.19% -0.38% -0.31% -0.26% -0.22%
-7.45% -0.05% -0.04% -0.03% -0.03%
-1.02% 0.00% 100.00% 200.00% 300.00%
7.31% 0.08% 0.05% 0.04% 0.03%
4.40%
2.11%
0.95%
55.38% 38.79% 133.51% 229.74% 326.18%

-16.24% 0.00% 0.00% 0.00% 0.00%

-12.91% 0.00% 0.00% 0.00% 0.00%
-2.72% 0.00% 0.00% 0.00% 0.00%
-0.05% 0.00% 0.00% 0.00% 0.00%
-1.03% 0.00% 0.00% 0.00% 0.00%
-32.96% 0.00% 0.00% 0.00% 0.00%

43.86% 0.00% 0.00% 0.00% 0.00%

43.86% 0.00% 0.00% 0.00% 0.00%
-7.31% -4.81% -3.37% -2.45% -1.86%
-2.71% -1.78% -1.25% -0.91% -0.69%
77.70% -6.60% -4.62% -3.36% -2.54%
100.00% 34.15% 29.93% 27.40% 24.19%
0.00% 65.85% 70.07% 72.60% 75.81%
100% 100% 100% 100% 100%
 Santol Candy
Statements of Financial Position Projections
For the Years Ended December 31, 2019 through 2023

Table 2023 2024

ASSETS
Current Assets
Cash on Hand 5.5 71.79% 80.35%
Accounts Receivable 3.5 5.35% 4.46%
Inventory 3.7 0.73% 0.58%
Total Current Assets 77.87% 85.38%
Non Current Assets
Land and Building 2.4 19.26% 12.96%
Office Furniture and Fixtures 2.6 1.60% 0.92%
Office Equipment 2.7 0.03% 0.02%
Production Machineries and Equipment 4.1 0.61% 0.35%
Production Furniture and Fixtures 4 0.63% 0.36%
Total Non Current Assets 22.13% 14.62%
TOTAL ASSETS 100.00% 100.00%

LIABILITIES AND OWNER'S EQUITY

Current Liabilities
Loans Payable 5.25% 3.87%
Income Tax Payable 5.14 2.12% 3.32%
SSS Contributions Payable 2.1 1.51% 1.11%
PHIC constributions Payable 2.1 0.68% 0.50%
HDMF Constributions Payable 2.1 0.68% 0.50%
Accounts Payable 5.2 3.16% 2.40%
Total Current Liabilities 13.39% 11.71%
Non Current Liabilities
Loans Payable - Long Term Portion 5.1 26.24% 15.47%
Total Liabilities 39.63% 27.18%
Owner's Equity 5.4 60.37% 72.82%
TOTAL LIABILITIES AND OWNER'S EQUITY 100.00% 100.00%

0.0% 0.0%
ns
h 2023

2025 2026 2027

86.12% 90.09% 92.73%

3.71% 3.12% 2.70%
0.47% 0.38% 0.32%
90.29% 93.59% 95.76%

8.81% 5.99% 4.13%

0.50% 0.23% 0.06%
0.01% 0.00% 0.00%
0.19% 0.09% 0.02%
0.20% 0.09% 0.03%
9.71% 6.41% 4.24%
100.00% 100.00% 100.00%

2.90% 2.21% 1.72%

3.79% 4.29% 4.43%
0.84% 0.64% 0.50%
0.38% 0.29% 0.22%
0.38% 0.29% 0.22%
1.84% 1.43% 1.14%
10.13% 9.14% 8.23%

8.71% 4.41% 1.72%

18.84% 13.55% 9.95%
81.16% 86.45% 90.05%
100.00% 100.00% 100.00%

0.0% 0.0% 0.0%

 For the Years E

Table 2023 2024

Taxable Income 5.3 423,804.06 577,450.59
On 400,000.00 22,500.00 On 400,000.00 22,500.00
On excess 23,804.06 4,760.81 On excess 177,450.59 35,490.12
Tax Payable 27,260.81 57,990.12

177,450.585
 Santol Candy
Income Tax
For the Years Ended December 31, 2019 through 2023

2025 2026
728,318.67 915,650.38
On 400,000.00 22,500.00 On 800,000.00 102,500.00 On
On excess 328,318.67 65,663.73 On excess 115,650.38 28,912.59 On excess
88,163.73 131,412.59
 2027
1,084,338.67
800,000.00 102,500.00
284,338.67 71,084.67
173,584.67