Exhibit 1: Projected Statement of Financial Position

INCOME STATEMENT
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

SALES REVENUE ₱ 53,913,600.00 ₱ 56,609,280.00 ₱ 59,439,744.00 ₱ 62,411,731.20 ₱ 65,532,317.76

COST OF SALES 51,200,396.88 53,710,466.05 56,292,956.79 59,030,157.99 61,874,464.60
GROSS PROFIT ₱ 2,713,203.12 ₱ 2,898,813.95 ₱ 3,146,787.21 ₱ 3,381,573.21 ₱ 3,657,853.16

SELLING & ADMINISTRATIVE EXPENSES

Salaries Expense ₱ 898,040.00 ₱ 898,040.00 ₱ 898,040.00 ₱ 889,480.80 ₱ 889,480.80
SSS Expense 61,530.00 61,530.00 61,530.00 65,100.00 65,100.00
PhilHealth Expense 18,111.60 18,111.60 20,124.00 20,526.48 20,526.48
PAG IBIG Expense 8,400.00 8,400.00 8,400.00 8,400.00 8,400.00
Supplies Expense 8,061.60 8,464.68 8,887.91 9,332.31 9,798.93
Advertising Expense 12,430.00 12,930.00 13,455.00 14,006.25 14,585.06
Depreciation Expense 19,960.00 19,960.00 19,960.00 19,960.00 19,960.00
Repair and Maintenance 222.50 233.63 245.31 257.57 270.45
Utilities Expense 202,354.56 212,472.29 223,095.90 234,250.70 245,963.23
Permit and Licenses 4,715.00 4,715.00 4,715.00 4,715.00 4,715.00
Training and Seminars 50,000.00 - 50,000.00 - 50,000.00
Communication Expense 16,788.00 16,788.00 16,788.00 16,788.00 16,788.00
Other Expenses 15,000.00 - - - -
TOTAL OPERATING EXPENSE ₱ 1,315,613.26 ₱ 1,261,645.19 ₱ 1,325,241.12 ₱ 1,282,817.11 ₱ 1,345,587.95

NET INCOME BEFORE TAX ₱ 1,397,589.86 ₱ 1,637,168.76 ₱ 1,821,546.08 ₱ 2,098,756.10 ₱ 2,312,265.21

LESS: INCOME TAX 279,517.97 327,433.75 364,309.22 419,751.22 462,453.04
NET INCOME AFTER TAX ₱ 1,118,071.89 ₱ 1,309,735.01 ₱ 1,457,236.87 ₱ 1,679,004.88 ₱ 1,849,812.16
Exhibit 2: Financial Statement of Financial Position
 PROJECTED BALANCE SHEET
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
CURRENT ASSETS
Cash 1,939,010.87 2,871,036.22 3,944,536.74 4,948,013.38 6,038,383.48
Inventory 1,941,917.28 2,039,013.15 2,140,963.80 2,248,011.99 2,360,412.59
Total Current Assets 3,880,928.15 4,910,049.36 6,085,500.54 7,196,025.38 8,398,796.07

Non Current Assets

Property, Plant and Equipment 17,843,300.00 17,843,300.00 17,843,300.00 17,843,300.00 17,843,300.00
Accumulated Depreciation (873,860.00 ) (1,747,720.00 ) (2,621,580.00 ) (3,495,440.00 ) (4,369,300.00 )
Total Non Current Assets 16,969,440.00 16,095,580.00 15,221,720.00 14,347,860.00 13,474,000.00
Total Assets 20,850,368.15 21,005,629.36 21,307,220.54 21,543,885.38 21,872,796.07

Current Liabilities
SSS Payable 18,955.00 18,955.00 18,955.00 20,060.00 20,060.00
PhilHealth Payable 6,949.80 6,949.80 7,722.00 7,876.44 7,876.44
PAGIBIG Payable 3,400.00 3,400.00 3,400.00 3,400.00 3,400.00
Income / Percentage Tax Payable 1,444,114.29 1,516,320.00 1,592,136.00 1,671,742.80 1,755,329.94
Total Current Liabilities 1,473,419.09 1,545,624.80 1,622,213.00 1,703,079.24 1,786,666.38

Partners' Capital 19,376,949.07 19,460,004.56 19,685,007.54 19,840,806.14 20,086,129.69

Total Owner's Equity 19,376,949.07 19,460,004.56 19,685,007.54 19,840,806.14 20,086,129.69

Total Liabilities and Owner's Equity 20,850,368.15 21,005,629.36 21,307,220.54 21,543,885.38 21,872,796.07
Exhibit 3: Projected Statement of Cashflows
 PROJECTED STATEMENT OF CASH FLOWS
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
Operating Activities:
Net income ₱ 1,118,071.89 ₱ 1,309,735.01 ₱ 1,457,236.87 ₱ 1,679,004.88 ₱ 1,849,812.16
Add: Depreciation Expense - Selling & Administrative 19,960.00 19,960.00 19,960.00 19,960.00 19,960.00
Depreciation Expense - Manufacturing 853,900.00 853,900.00 853,900.00 853,900.00 853,900.00
Cash Income 1,991,931.89 2,183,595.01 2,331,096.87 2,552,864.88 2,723,672.16
Increase/Decrease of Assets & Liabilities:
Increase in Inventory (1,941,917.28 ) (97,095.86 ) (101,950.66 ) (107,048.19 ) (112,400.60 )
Increase in SSS Payable 18,955.00 - - 1,105.00 -
Increase in PhilHealth Payable 6,949.80 0.00 772.20 154.44 0.00
Increase in PAG-IBIG Payable 3,400.00 - - - -
Net cash Provided by Operating Activities 1,523,433.69 2,158,704.86 2,305,734.41 2,526,682.93 2,694,858.70

Investing Activities: (Increase)/Decrease

Acquisition of Land (1,000,000.00 ) - - - -
Construction of Building (16,632,000.00 ) - - - -
Acquisition of Machineries & Equipment (197,700.00 ) - - - -
Acquisition of Furnitures & Fixture (13,600.00 ) - - - -
Net Cash Provided by Investing Activities (17,843,300.00 ) - - - -

Financing Activities: Increase/(Decrease)

Owners' Investment 19,153,334.69 - - - -
Owners' Withdrawal (894,457.51 ) (1,226,679.51 ) (1,232,233.89 ) (1,523,206.28 ) (1,604,488.61 )
Net cash Provided by Financing Activities 18,258,877.17 (1,226,679.51 ) (1,232,233.89 ) (1,523,206.28 ) (1,604,488.61 )

Net increase/decrease in cash 1,939,010.87 932,025.35 1,073,500.52 1,003,476.65 1,090,370.10

Add: Cash, Beginning - 1,939,010.87 2,871,036.22 3,944,536.74 4,948,013.38
Cash, Ending ₱ 1,939,010.87 ₱ 2,871,036.22 ₱ 3,944,536.74 ₱ 4,948,013.38 ₱ 6,038,383.48

₱ 2,871,036.22
₱ 3,944,536.74
₱ 4,948,013.38
₱ 6,038,383.48
Exhibit 4: Projected Statement of Owner’s Equity
 PROJECTED STATEMENT OF OWNERS' EQUITY
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
Partners' Beg. Capital ₱ 19,153,334.69 ₱ 19,376,949.07 ₱ 19,460,004.56 ₱ 19,685,007.54 ₱ 19,840,806.14
Add: Net Income/(loss) 1,118,071.89 1,309,735.01 1,457,236.87 1,679,004.88 1,849,812.16
Total 20,271,406.58 20,686,684.07 20,917,241.43 21,364,012.42 21,690,618.30
Less: Withdrawal 894,457.51 1,226,679.51 1,232,233.89 1,523,206.28 1,604,488.61
Partners' Ending Capital ₱ 19,376,949.07 ₱ 19,460,004.56 ₱ 19,685,007.54 ₱ 19,840,806.14 ₱ 20,086,129.69