CLAVER NATIONAL HIGH SCHOOL

Senior High School

A. Model Inputs
Delish Bites
FORECASTED REVENUE
Units sold Average Annual revenue per
annually price per unit product
Sundae 10,950.00 24 262,800.00
Ice cream (cone) 10,950.00 5 54,750.00
Ice cream (cup)
Waffle
Cookies
Biko 10,950.00 12 131,400.00

TOTAL OF FORECASTED REVENUE 448,950.00

COST OF GOODS SOLD

Expected Annual cost of
gross margin goods sold
Buko Shake 30% 183,960.00
Buko Juice 30% 16,425.00
Biko 30% 39,420.00

TOTAL COST OF GOODS SOLD 239,805.00

ANNUAL MAINTENANCE, REPAIR AND OVERHAUL

Factor (%) on capital equipment 10%

ASSET DEPRECIATION
Number of Year 7

TAX
Annual Tax Rate 30%

INFLATION
Annual Inflation Rate 2%

PRODUCT PRICE INCREASE

Annual Price Increase 2%

FUNDING
Loan Amount 20,000.00
Annual interest rate 0.25%
Term of loan (months) 12
Monthly rate 0.02%
Payment 1,668.92
Total Amount Payable 20,027.06
 CLAVER NATIONAL HIGH SCHOOL
Senior High School

D. Profit and Loss Assumption

Delish Bites
PROFIT AND LOSS
ASSUMPTION
Year 1 Year 2 Year 3 Year 4 Year 5
Annual cumulative price
0.00% 2.00% 4.00% 6.00% 8.00%
(revenue) increase
Annual cumulative inflation
0.00% 2.00% 4.00% 6.00% 8.00%
(expense) increase
INCOME
Year 1 Year 2 Year 3 Year 4 Year 5
Revenue
Buko Shake 262,800.00 268,056.00 278,778.24 295,504.93 319,145.33
Buko Juice 54,750.00 55,845.00 58,078.80 61,563.53 66,488.61
Biko 131,400.00 134,028.00 139,389.12 147,752.47 159,572.66
Total revenue 448,950.00 457,929.00 476,246.16 504,820.93 545,206.60
Cost of Sales
Buko Shake 183,960.00 187,639.20 195,144.77 206,853.45 223,401.73
Buko Juice 16,425.00 16,753.50 17,423.64 18,469.06 19,946.58
Biko 39,420.00 40,208.40 41,816.74 44,325.74 47,871.80

Cost of goods sold 239,805.00 244,601.10 254,385.14 269,648.25 291,220.11

Gross Profit 209,145.00 213,327.90 221,861.02 235,172.68 253,986.49

TOTAL INCOME 209,145.00 213,327.90 221,861.02 235,172.68 253,986.49

EXPENSES
Operating expenses
Sales and marketing 6,000.00 6,120.00 6,364.80 6,746.69 7,286.42
Depreciation 3,578.00 3,578.00 3,578.00 3,578.00
Maintenance, repair, and
2,504.60 2,554.69 2,604.78 2,654.88 2,704.97
overhaul
Utilities 7,300.00 7,446.00 7,743.84 8,208.47 8,865.15
Administrative fees 20,000.00 20,400.00 21,216.00 22,488.96 24,288.08
Interest expense on long-
27.06
term debt - - - -
Other 2,600.00 2,652.00 2,758.08 2,923.56 3,157.45
Total operating expenses 38,431.66 42,750.69 44,265.50 46,600.56 49,880.07
TOTAL EXPENSES 38,431.66 42,750.69 44,265.50 46,600.56 49,880.07
TAXES
 CLAVER NATIONAL HIGH SCHOOL
Senior High School

Income Tax 51,214.00 51,173.16 53,278.65 56,571.64 61,231.93

TOTAL TAXES 51,214.00 51,173.16 53,278.65 56,571.64 61,231.93

NET PROFIT 119,499.34 119,404.05 124,316.86 132,000.48 142,874.50

E. Projected Balance Sheet
Delish Bites
ASSETS
Current Initial
Year 1 Year 2 Year 3 Year 4 Year 5
Assets balance
Cash and
short-term 15,706.00 115,205.34 238,187.38 366,082.24 501,660.72 648,113.22
investments
Total inventory 6,648.00 6,648.00 6,648.00 6,648.00 6,648.00 6,648.00
Other current 2,600.00 2,600.00 2,600.00 2,600.00 2,600.00 2,600.00
assets
Total current 24,954.00 124,453.34 247,435.38 375,330.24 510,908.72 657,361.22
assets
Property and Initial
Year 1 Year 2 Year 3 Year 4 Year 5
Equipment balance
Machinery and 25,046.00 25,046.00 25,046.00 25,046.00 25,046.00 25,046.00
equipment
Less:
Accumulated
3,578.00 7,156.00 10,734.00 14,312.00
depreciation -
expense
Total Property
25,046.0
and 0
25,046.00 21,468.00 17,890.00 14,312.00 10,734.00
Equipment
TOTAL 50,000.0
149,499.34 268,903.38 393,220.24 525,220.72 668,095.22
ASSETS 0

LIABILITIES
Initial
Debt Year 1 Year 2 Year 3 Year 4 Year 5
balance
Long-term 20,000.0
debt/loan 0 - - - - -
20,000.0
Total Debt 0 - - - - -
TOTAL 20,000.0
LIABILITIES 0 - - - - -
EQUITY
Initial Year 5
Year 1 Year 2 Year 3 Year 4
balance

Owner's equity 30,000.00 30,000.00 30,000.00 30,000.00 30,000.00 30,000.00

(common)

Retained - 119,499.34 238,903.38 363,220.24 495,220.72 638,095.22

earnings
 CLAVER NATIONAL HIGH SCHOOL
Senior High School
TOTAL 30,000.00 149,499.34 268,903.38 393,220.24 525,220.72 668,095.22
EQUITY
TOTAL
LIABILITIES 50,000.00 149,499.34 268,903.38 393,220.24 525,220.72 668,095.22
AND EQUITY
F. Projected Cash Flow
Delish Bites
Operating
Year 1 Year 2 Year 3 Year 4 Year 5 Total
activities
Net income 119,499.34 119,404.05 124,316.86 132,000.48 142,874.50 638,095.22

Depreciation -
3,578.00 3,578.00 3,578.00 3,578.00 14,312.00
Total
operating 119,499.34 122,982.05 127,894.86 135,578.48 146,452.50 652,407.22
activities

Financing
Year 1 Year 2 Year 3 Year 4 Year 5 Total
activities
Long-term
- -
debt/financin
20,000.00 - - - - 20,000.00
g
Total
- -
financing
20,000.00 - - - - 20,000.00
activities

Cumulative
99,499.34 122,982.05 127,894.86 135,578.48 146,452.50 632,407.22
cash flow
Beginning
cash 15,706.00 115,205.34 238,187.38 366,082.24 501,660.72
balance
Ending cash
115,205.34 238,187.38 366,082.24 501,660.72 648,113.22
balance