TOTAL PROJECT COST

Fixed Assets and Capital Investment

Store Machine and Equipment ₱ 33,573.00
Furniture and Fixture 11,492.02
Cooking Utensils 3,057.92
Subtotal 48,122.94
Add: 10% contingency budget 4,812.29
TOTAL 52,935.23

Pre-Operating Expenses
Marketing and Advertising 560.00
Permits and Licenses 7,195.00
Prepaid Rent (1 year) 60,000.00
Store Supplies
Hygiene Purposes 936.00
Selling Purposes 2,864.00
Subtotal 71,555.00
Add: 5 % 3,577.75 8,390.04
TOTAL 75,132.75

Total Project Cost ₱ 128,067.98

 BlossoMoring Snacks
Projected Balanc
Five-Year Pe

ASSETS
CURRENT
Cash
Store Supplies
Prepaid Asset
Total

NON-CURRENT
Machinery and Equipment
less: Accumulated Depreciation

Furniture and Fixture

less: Accumulated Depreciation

Cooking Utensils
less: Accumulated Depreciation

Total Noncurrent Assets

TOTAL ASSETS

LIABILITIES AND CAPITAL

LIABILITIES
Income Tax Payable

CAPITAL
ABC Capital, beginning
Add: Net Income
Total
Less: Withdrawals
ABC Capital, Ending

TOTAL LIABILITIES AND CAPITAL

BlossoMoring Snacks and Drinks
Projected Balance Sheet
Five-Year Period

Pre-Operating Year 1 Year 2 Year 3

8,390.04 353,500.18 728,759.11 1,137,226.30

3,800.00 3,800.00 3,800.00 3,800.00
67,755.00 67,195.00 67,195.00 67,195.00
79,945.04 424,495.18 799,754.11 1,208,221.30

₱ 33,573.00 33,573.00 33,573.00 33,573.00

- 3,847.41 7,694.82 11,542.23
33,573.00 29,725.59 25,878.18 22,030.77

11,492.02 11,492.02 11,492.02 11,492.02

- 1,292.85 2,585.70 3,878.56
11,492.02 10,199.17 8,906.32 7,613.46

3,057.92 3,057.92 3,057.92 3,057.92

- 550.43 1,100.85 1,651.28
3,057.92 2,507.49 1,957.07 1,406.64

48,122.94 42,432.25 36,741.56 31,050.88

128,067.98 466,927.43 836,495.68 1,239,272.17

- - - -
- - - -

₱ 128,067.98 128,067.98 466,927.43 836,495.68

- 358,859.45 389,568.24 422,776.49
128,067.98 486,927.43 856,495.68 1,259,272.17
- 20,000.00 20,000.00 20,000.00
128,067.98 466,927.43 836,495.68 1,239,272.17

128,067.98 466,927.43 836,495.68 1,239,272.17

 Year 4 Year 5

1,582,222.55 2,067,400.80
3,800.00 3,800.00
67,195.00 67,195.00 starting operating year, the prepaid asset exc;ude marketing exp
1,653,217.55 2,138,395.80

33,573.00 33,573.00
15,389.64 19,237.05
18,183.36 14,335.95

11,492.02 11,492.02
5,171.41 6,464.26
6,320.61 5,027.76

3,057.92 3,057.92
2,201.70 2,752.13
856.22 305.79

25,360.19 19,669.50
1,678,577.74 2,158,065.30 should be the same with the total liabilities and capital

- -
- -

1,239,272.17 1,678,577.74
459,305.57 499,487.55
1,698,577.74 2,178,065.30
20,000.00 20,000.00
1,678,577.74 2,158,065.30

1,678,577.74 2,158,065.30
sset exc;ude marketing expenses because it is only expensed at the beginning of the year

bilities and capital

 ABC M
Projected C
Five

CASH INFLOWS:
Capital, beginning
Net Sales
Total

CASH OUTFLOWS:
Machinery and Equipment
Furniture and Fixtures
General Supplies
Marketing Expense
Store Supplies
Cooking Utensils
Purchases-Raw Materials
Permits and licenses
Prepaid Rent
Salaries and wages
SSS & Philhealth
Electricity
Water
Repair & Maintenance
Income Tax
Withdrawals
Total
NET CASH FLOW
Add: Cash balance, beginning
CASH BALANCE, END

Notes:
1 Purchases-Raw Materials
2 Adavance rental & deposits
3 Supplies
4 Salaries and wages
5 SSS & Philhealth
6 Electricity and Water
7 repair and maintenance
 ABC MANUFACTURING
Projected Cash Flow Statement
Five-Year Period

Pre-Operating Year 1

₱ 128,067.98 -
- 997,920.00
128,067.98 997,920.00

33,573.00 -
11,492.02 -
2,598.00 2,598.00
560.00
1,202.00 1,202.00
3,057.92 -
429,000.00
7,195.00 7,195.00
60,000.00 60,000.00
- 85,490.40
- 4,509.60
- 12,000.00
- 3,600.00
- -
- 27,214.86
- 20,000.00
119,677.94 652,809.86
8,390.04 345,110.14
- 8,390.04
8,390.04 353,500.18

]refer to schedule
1 year prepaid rent
Broke down into general and store
refer to schedule for breakdown
refer to schedule for breakdown
refer to schedule for breakdown
assumed at 2% of fixed assets (refer to schedule for breakdown)
 Year 2 Year 3 Year 4 Year 5

- - - -
1,097,712.00 1,207,483.20 1,328,231.52 1,461,054.67
1,097,712.00 1,207,483.20 1,328,231.52 1,461,054.67

- - - -
- - - -
2,598.00 2,598.00 2,598.00 2,598.00

1,202.00 1,202.00 1,202.00 1,202.00

- - - -
471,900.00 519,090.00 570,999.00 628,098.90
7,195.00 7,195.00 7,195.00 7,195.00
66,000.00 72,600.00 79,860.00 87,846.00
94,490.40 104,390.40 115,280.40 127,259.40
4,509.60 4,509.60 4,509.60 4,509.60
13,200.00 14,520.00 15,972.00 17,569.20
3,960.00 4,356.00 4,791.60 5,270.76
875.32 962.85 1,059.14 1,165.05
36,522.75 47,592.16 59,768.52 73,162.52
20,000.00 20,000.00 20,000.00 20,000.00
722,453.07 799,016.02 883,235.26 975,876.43
375,258.93 408,467.18 444,996.26 485,178.24
353,500.18 728,759.11 1,137,226.30 1,582,222.55
728,759.11 1,137,226.30 1,582,222.55 2,067,400.80
 ABC MANUFACTURING
Projected Income Statement
Five-Year Period

Year 1 Year 2 Year 3

Revenues
Sales 1,008,000.00 1,108,800.00 1,219,680.00
less: Sales Returns & Allow. 10,080.00 11,088.00 12,196.80
Net Sales 997,920.00 1,097,712.00 1,207,483.20
Cost of Goods Sold
Raw Materials, Beginning - - -
Add:Purchases 429,000.00 471,900.00 519,090.00
Less:Raw Materials, Ending - - -
RAW MATERIALS USED 429,000.00 471,900.00 519,090.00
Direct Labor 90,000.00 99,000.00 108,900.00
Manufacturing Overhead 75,600.00 83,160.00 91,476.00
Total Manufacturing Cost/COG 594,600.00 654,060.00 719,466.00
Add:Finished Goods, Beginning - - -
Total Goods Available for Sale 594,600.00 654,060.00 719,466.00
Less: Finished Goods, Ending - - -
Cost of Goods Sold 594,600.00 654,060.00 719,466.00

Gross Profit 403,320.00 443,652.00 488,017.20

Operating Expenses
Selling & Administrattive Expenses
Permits and licenses 7,195.00 7,195.00 7,195.00
Supplies 3,800.00 3,800.00 3,800.00
Marketing Expense 560.00
Depreciation 5,690.69 5,690.69 5,690.69
Repair and Maintenance - 875.32 962.85
Total 17,245.69 17,561.01 17,648.54
Net Income before Tax 386,074.31 426,090.99 470,368.66
Less: Income Tax 27,214.86 36,522.75 47,592.16
NET INCOME 358,859.45 389,568.24 422,776.49

Notes:
1 Sales and Sales returns refer to schedule
2 cost of goods manufactured refer to schedule
3 operating expenses refer to schedule
 Year 4 Year 5

1,341,648.00 1,475,812.80
13,416.48 14,758.13
1,328,231.52 1,461,054.67

- -
570,999.00 628,098.90
- -
570,999.00 628,098.90
119,790.00 131,769.00
100,623.60 110,685.96
791,412.60 870,553.86
- -
791,412.60 870,553.86
- -
791,412.60 870,553.86

536,818.92 590,500.81

7,195.00 7,195.00
3,800.00 3,800.00

5,690.69 5,690.69
1,059.14 1,165.05
17,744.83 17,850.74
519,074.09 572,650.07
59,768.52 73,162.52 No income tax since all net income before tax do not exceed 250,00
459,305.57 499,487.55
o not exceed 250,000
 ABC MANUFACTURING
Statement of Cost of Goods Manufactured
Five-Year Period

Direct Materials
Direct Labor
Manufacturing Overhead
Rental
Electricty
Water
Manufacturing Costs
Add: Work-in-Process, beginning
Total Cost of Goods Placed in Process
Less: Work-in-Process, ending
Cost of Goods Manufactured
Number of Production per year
Unit Production Cost

Selling Price: Mark-up of 70%

Note:
1 There is no beginning and ending work-in-process, raw materials and finished goods e
each year are sold in that year.
FACTURING
Goods Manufactured
ar Period

Year 1 Year 2 Year 3 Year 4 Year 5

429,000.00 471,900.00 519,090.00 570,999.00 628,098.90

90,000.00 99,000.00 108,900.00 119,790.00 131,769.00

60,000.00 66,000.00 72,600.00 79,860.00 87,846.00

12,000.00 13,200.00 14,520.00 15,972.00 17,569.20
3,600.00 3,960.00 4,356.00 4,791.60 5,270.76 75,600.00 83,160.00
594,600.00 654,060.00 719,466.00 791,412.60 870,553.86
- - - - -
594,600.00 654,060.00 719,466.00 791,412.60 870,553.86
- - - - -
594,600.00 654,060.00 719,466.00 791,412.60 870,553.86
12,000.00 13,200.00 14,520.00 15,972.00 17,569.20
49.55 49.55 49.55 49.55 49.55

₱ 84.24 ₱ 84.23 ₱ 84.23 ₱ 84.23 ₱ 84.23

w materials and finished goods every year, since the owner assumed that all production
 ABC MANUFACTURING
Projected Income Statement
Five-Year Period

Year 1 % Year 2
Revenues
Sales 1,008,000.00 1,108,800.00
less: Sales Returns & Allow. 10,080.00 11,088.00
Net Sales 997,920.00 100% 1,097,712.00
Cost of Sales
Finished Goods, beginning - 0% -
Add: Cost of Goods Manufactured 594,600.00 60% 654,060.00
Cost of goods available for sale 594,600.00 60% 654,060.00
Less: Finished Goods, ending - 0% -
594,600.00 60% 654,060.00
Gross Income 403,320.00 40% 443,652.00
Operating Expenses
Selling & Administrattive Expenses
Permits and licenses 7,195.00 1% 7,195.00
Supplies 3,800.00 0% 3,800.00
Depreciation 5,690.69 1% 5,690.69
Marketing expense 560.00 0% -
Repair and Maintenance - 0% 875.32
Total 17,245.69 2% 17,561.01
Net Income before Tax 386,074.31 39% 426,090.99
Less: Income Tax 27,214.86 3% 36,522.75
NET INCOME 358,859.45 36% 389,568.24

Notes:
1 Sales and Sales returns refer to schedule
2 finished goods inventory & refer to schedule
cost of goods manufactured
3 operating expenses refer to schedule
TURING
Statement
eriod

% Year 3 % Year 4 % Year 5 %

1,219,680.00 1,341,648.00 1,475,812.80

12,196.80 13,416.48 14,758.13
100% 1,207,483.20 100% 1,328,231.52 100% 1,461,054.67 100%

0% - 0% - 0% - 0%
60% 719,466.00 60% 791,412.60 60% 870,553.86 60%
60% 719,466.00 60% 791,412.60 60% 870,553.86 60%
0% - 0% - 0% - 0%
60% 719,466.00 60% 791,412.60 60% 870,553.86 60%
40% 488,017.20 40% 536,818.92 40% 590,500.81 40%

1% 7,195.00 1% 7,195.00 1% 7,195.00 0%

0% 3,800.00 0% 3,800.00 0% 3,800.00 0%
1% 5,690.69 0% 5,690.69 0% 5,690.69 0%
0% - 0% - 0% - 0%
0% 962.85 0% 1,059.14 0% 1,165.05 0%
2% 17,648.54 1% 17,744.83 1% 17,850.74 1%
39% 470,368.66 39% 519,074.09 39% 572,650.07 39%
3% 47,592.16 4% 59,768.52 4% 73,162.52 5%
35% 422,776.49 35% 459,305.57 35% 499,487.55 34%
Shedule 1 Raw Materials Requirement

Yr 1 Yr 2

Daily requirement the product (comco) 40 40

Working days per year 300 300
Annual Requirements of 12000 12000
Increase per year (10%) 1200
Total 12000 13200
Unit cost of Raw materials 35.75 35.75
Cost of Raw Materials 429,000.00 471,900.00

Schedule 2
Raw Materials Inventory

Beginning balance - -
Add: Purchases 429,000.00 471,900.00
Total available for use 429,000.00 471,900.00
Less: RM, ending - -
Raw Materials Used 429,000.00 471,900.00

Schedule 3
Salaries and Wages

No. Mo. Salary Annual

Salary

Direct Labor
Production Staff 1 7,500.00 90,000.00
Year 1 7,500.00 90,000.00

Production Staff 1 8,250.00 99,000.00

Year 2 8,250.00 99,000.00

Production Staff 1 9,075.00 108,900.00

Year 3 9,075.00 108,900.00

Production Staff 1 9,982.50 119,790.00

Year 4 9,982.50 119,790.00

Production Staff 1 10,980.75 131,769.00

Year 5 10,980.75 131,769.00
 Manufacturing Overhead Annual
Rental Expense (5,000 * 12 months) 60,000.00 66,000.00
Utilities
Water (10 % increase) 3,600.00 3,960.00
Electricity (10% increase) 12,000.00 13,200.00
TOTAL 75,600.00 83,160.00
Schedule 4 Other Expenses
Permit and Licences 7,195.00 7,195.00
Office Supplies 3,800.00 3,800.00

Schedule 5 Depreciation
Cost Salvage
Value
(10% of cost)
Machinery and Equipment
Freezer 13,900.00 1,390.00
Electric Fan 2,000.00 200.00
Gas Stove 1,125.00 112.50
Gas Tank 1,899.00 189.90
Heavy Duty Burner grill 10,500.00 1,050.00
Food Processor 2,850.00 285.00
Total 32,274.00 3,227.40

Furniture and Fixture

Furniture & Fixture 1 11,492.02 1,149.20
Total per year 11,492.02 1,149.20

Cooking Utensils 3,057.92 305.79

Total per year 3,057.92 305.79

TOTAL ANNUAL DEP

Schedule 6 Repair and Maintenance

Yr 1 Yr 2

Machinery and Equipment - 645.48

Furniture and Ficture - 229.84
TOTAL - 875.32

Schedule 7 Sales and Finished Goods Inventory

 Yr 1 Yr 2

Beginning balance - -
Add: Production units 12,000 13,200
Total 12,000 13,200
Less: Ending Balance - -
Finished Goods Sold 12,000 13,200

Selling Price 84.00 84.00

Sales 1,008,000.00 1,108,800.00

Schedule 8 Sales Breakdown

Yr 1 Yr 2

Sales 100% 1,008,000.00 1,108,800.00

less: SR & A 1% 10,080.00 11,088.00
Net Sales 99% 997,920.00 1,097,712.00

Schedule 1 Permits and Licenses

Brgy. Business Permit 500.00

Department of Trade and Industry 530.00
Bureau of Internal Revenue 520.00
Cedula/CTC 500.00
Business Permit 4,515.00
Fire and Safety Inspection Certificate 630.00
Total ₱ 7,195.00

Schedule 12
Advance Rental and Deposits

Monthly Rental 5,000.00

10 months advance 50,000.00
Two months deposit 10,000.00
Total advance rental & deposits 60,000.00
 Withdrawals (Drawings)

Schedule 1 Withdrawal, beginning - 20,000.00

Add: Withdrawal for the year 20,000.00 20,000.00
Withdrawals, ending 20,000.00 40,000.00
 Yr 3 Yr 4 Yr 5

40 40 40
300 300 300
12000 12000 12000
2520 3972 5569
14520 15972 17569
35.75 35.75 35.75
519,090.00 570,999.00 628,098.90

- - -
519,090.00 570,999.00 628,098.90
519,090.00 570,999.00 628,098.90
- - -
519,090.00 570,999.00 628,098.90

Employer Employer Total Total

Share Share Employer's employess
(Philhealth) (SSS) Share Share 94500

750.00 3,759.60 4,509.60

750.00 3,759.60 4,509.60 85,490.40

750.00 3,759.60 4,509.60

750.00 3,759.60 4,509.60 94,490.40

750.00 3,759.60 4,509.60

750.00 3,759.60 4,509.60 104,390.40

750.00 3,759.60 4,509.60

750.00 3,759.60 4,509.60 115,280.40

750.00 3,759.60 4,509.60

750.00 3,759.60 4,509.60 127,259.40
 Annual
72,600.00 79,860.00 87,846.00

4,356.00 4,791.60 5,270.76

14,520.00 15,972.00 17,569.20
91,476.00 100,623.60 110,685.96

7,195.00 7,195.00 7,195.00

3,800.00 3,800.00 3,800.00

Depreciable Estimated Annual

Value Useful Depreciation
Life

12,510.00 10 1,251.00
1,800.00 5 360.00
1,012.50 5 202.50
1,709.10 10 170.91
9,450.00 7 1,350.00
2,565.00 5 513.00
29,046.60 3,847.41

10,342.82 8 1,292.85
10,342.82 1,292.85

2,752.13 5 550.43
2,752.13 550.43

5,690.69

Yr 3 Yr 4 Yr 5

710.03 781.03 859.13

252.82 278.11 305.92
962.85 1,059.14 1,165.05
 Yr 3 Yr 4 Yr 5

- - -
14,520 15,972 17,569
14,520 15,972 17,569
- - -
14,520 15,972 17,569

84.00 84.00 84.00

1,219,680.00 1,341,648.00 1,475,812.80

Yr 3 Yr 4 Yr 5

1,219,680.00 1,341,648.00 1,475,812.80

12,196.80 13,416.48 14,758.13
1,207,483.20 1,328,231.52 1,461,054.67
40,000.00 60,000.00 80,000.00
20,000.00 20,000.00 20,000.00
60,000.00 80,000.00 100,000.00