PART B - QUESTION 1

Date of Valuation ??
PROFITS METHOD ??

Average Gross Revenue pa

1 Petrol sales
Super
3,000,000 @ 1.70
3,000,000 @ 1.60

Premium
1,800,000 @ 2.00
1,800,000 @ 1.90

Diesel
800,000 @ 1.70
800,000 @ 1.60

GROSS PROFIT pa

2 Gross profit from sale of goods

3 Service area
Car wash
Car service

Average gross profit 35%

Less : Annual Operating Expenditure

Salary, bonus, EPF, Socso
Business insurance
Water 125 12
Electricity 250 12
Business licence
Audit and secretarial fee
Administration expenses
Total operating expenditure p.a
NET PROFIT (DIVISIBLE BALANCE) pa

Less: Operators share

1 Interest on working capital 7% 130,000
2 Risk both at
3 Remuneration 40% of DB

Gross rental pa

Less : Property Outgoings

Repairs (external and internal) 6,000
Fire insurance 1,000
Assessment rates 8% 80,000 6,400
Quit rent 3,500
Management 7,200

NET RENT PA
YP

Capital value
MARKET VALUE say @