Right Use of Asset

Year 1 Year 2
Cost 50,085.00 50,085.00
less: Accumulatrd Depreci 10,017.00 20,034.00
Total 40,068.00 30,051.00

Property Plant and Equipment

Year 1 Year 2
Cost 471,195.40 471,195.40
less: Accumulatrd Depreci 94,239.08 188,478.16
Total 376,956.32 282,717.24

Furniture and Fixture

Year 1 Year 2
Cost 122,151.00 122,151.00
less: Accumulatrd Depreci 24,430.20 48,860.40
Total 97,720.80 73,290.60

Utilities
Year 1 Year 2
Electricity 120,000.00 127,200.00
Water 18,000.00 19,080.00
Internet and telephone 35,988.00 35,988.00
Total 173,988.00 182,268.00

Maintenance Expense
Year 1 Year 2
Total P 30000 P 30000

SALARIES
Description Capacity Daily (26 days)
General Manager 1 385.00
Accountant 1 385.00
Cashier 1 250.00
Cook 2 300.00
Service Crew 4 200.00
Janitor/Cleaner 1 135.00
Entertainer 3 (12 days)350.00
TOTAL

Depreciation Expense
Property, Plant and Equip 103,677.20
Furnitures and Fixtures 34,830.20
Right Use of Asset 10,017.00
Total 148,524.40

Desciption Cost/ month Total/ year

Building 30000 360,000.00
TOTAL 360,000.00

Interest Payments
Year
1 P 237,396.40 P 60,000.00
2 237,396.40 49,356.22
3 237,396.40 38,073.80
4 237,396.40 26,114.45
5 237,396.40 13,437.53

Particulars Amount
P
Building
360,000.00
Right of Use Asset 50,085.00
Property Plant and
518,386.00
Equipment
Furnitures and Fixtures 174,151.00
Pre-operating Cost 18,739.00
TOTAL P 885,283.00

Year 1 Year 2
Partner's Capital, beg 1,800,000.00 P 1 574 102.50
Add: Income 673,665.02 879,326.97
Total 2,473,665.02 2,453,429.47
Less: Withdrawals 600,000.00 600,000.00
Patner's Capital, end 1,873,665.02 1,853,429.47

Year 1 Year 2
Petty Cash 3,000.00 3,000.00
Cash in bank 2,099,171.02 2,039,419.69
Total 2,102,171.02 2,042,419.69
Use of Asset
Year 3 Year 4 Year 5
50,085.00 50,085.00 50,085.00
30,051.00 40,068.00 50,085.00
20,034.00 10,017.00 -

nt and Equipment
Year 3 Year 4 Year 5
471,195.40 471,195.40 471,195.40
282,717.24 376,956.32 471,195.40
188,478.16 94,239.08 -

e and Fixture
Year 3 Year 4 Year 5
122,151.00 122,151.00 122,151.00
73,290.60 97,720.80 122,151.00
48,860.40 24,430.20 -

Utilities
Year 3 Year 4 Year 5
134,832.00 142,921.92 151,497.23
20,224.80 2,438.29 22,724.58
35,988.00 35 988 35,988.00
191,044.80 200,348.20 210,209.82

ance Expense
Year 3 Year 4 Year 5
P 30000 P 30000 P 30000

Monthly Annually
10,000.00 120,000.00
10,000.00 120,000.00
6,500.00 78,000.00
15,600.00 187,200.00
10,400.00 124,800.00
3,510.00 42,120.00
12,600.00 151,200.00
823,320.00
Right Use of Asset 10,017.00
Property, Plant a 94,239.08
Furnitures and Fi 24,430.20
Total 128,686.28

Principal Carrying Amount

P 1000000
P 177,396.40 822,603.60
188,040.18 634,563.42
199,322.60 435,240.82
211,281.95 223,958.87
223,958.87 0

Interest Payments Principal

Cost
1 247,164.72 75,000.00 172,164.72
2 247,164.72 62,087.65 185,077.07
3 247,164.72 48,206.86 198,957.86
4 247,164.72 33,285.03 213,879.69
5 247,164.72 17,244.05 229,920.67

Year 3 Year 4 Year 5

P 1 454 248.95 P 1 378 821.33P 1 348 624.87
931,837.90 1,246,817.25 1,433,710.78
2,386,086.85 2,625,638.58 2,782,335.65
600,000.00 600,000.00 600,000.00
1,786,086.85 2,025,638.58 2,182,335.65

Year 3 Year 4 Year 5

3,000.00 3,000.00 3,000.00
1,983,972.87 2,098,073.05 2,179,235.65
1,986,972.87 2,101,073.05 2,182,335.65
50,085.00

10,017.00
94,239.08
24,430.20
Carrying Amount
1,000,000.00
827,835.28
642,758.21
443,800.35
229,920.66
- 0.01
 Estimated Units Operating
Year Total
Sales Price Occupied Days
1 70 50 313 1,095,500.00
2 70 55 314 1,208,900.00
3 70 60 313 1,314,600.00
4 70 65 313 1,424,150.00
5 70 70 313 1,533,700.00
TOTAL ₱ 6,576,850.00

Estimated Units Operating

Year Total
Sales Price Occupied Days
1 85 50 313 1,330,250.00
2 85 55 314 1,467,950.00
3 85 60 313 1,596,300.00
4 85 65 313 1,729,325.00
5 85 70 313 1,862,350.00
TOTAL ₱ 7,986,175.00

Estimated Units Operating

Year Total
Sales Price Occupied Days
1 30 35 144 151,200.00
2 30 40 144 172,800.00
3 30 45 144 194,400.00
4 30 50 144 216,000.00
5 30 55 144 237,600.00
TOTAL ₱ 972,000.00
1,095,500.00 1,208,900.00 1,314,600.00
1,330,250.00 1,467,950.00 1,596,300.00
151,200.00 172,800.00 194,400.00
2,576,950.00 2,849,650.00 3,105,300.00

Projected Annual
Year
Sales
1 2,576,950.00
2 2,849,650.00
3 3,105,300.00
4 3,369,475.00
5 3,633,650.00
TOTAL ₱ 15,535,025.00
1,424,150.00 1,533,700.00
1,729,325.00 1,862,350.00
216,000.00 237,600.00
3,369,475.00 3,633,650.00
 COMPARATIVE STAT
YEAR ENDED AS

Notes
Cash flows from operating activities
Cash received from Foods
Cash received from Drinks
Cash received from Live Band
Rent
Salaries and Wages
Utilities
Miscellaneous
Tax
Pre-operating

Net Cash provided by operating activities

Cash flows from investing activities
Right of use asset
Purchase of Property, Plant, and Equipment
Purchase of Furniture and Fixtures
Net Cash provided by investing activities
Cash flows from financing activities
Cash received from capital contribution
Receipt of Loan
Payment of Principal
Interest Expense
Partner's withdrawal
Net Cash provided by financing activities
Net increase / decrease in Cash
Cash balance, beg
Cash balance, end
 COMPARATIVE STATEMENTS OF CASH FLOWS
YEAR ENDED AS OF YEAR 1 TO YEAR 5

Pre-operation Year 1 Year 2 Year 3

1,095,500.00 1,208,900.00 1,314,600.00

1,330,250.00 1,467,950.00 1,596,300.00
151,200.00 172,800.00 194,400.00
360,000.00 360,000.00 360,000.00
823,320.00 823,320.00 823,320.00
173,988.00 182,268.00 191,044.80
30,000.00 30,000.00 30,000.00
294,990.66 306,130.49 368,442.72
18,739.00

₱ 18,739.00 894,651.34 1,147,931.51 ₱ 1,332,492.48

50,085.00
471,195.40
122,151.00
643,431.40

1,800,000.00
1,000,000.00
172,164.72 185,077.07 198,957.86
75,000.00 62,087.65 48,206.86
600,000.00 600,000.00 600,000.00
₱ 2,800,000.00 ₱ 847,164.72 ₱ 847,164.72 ₱ 847,164.72
2,137,829.60 47,486.62 300,766.79 485,327.76
2,137,829.60 2,185,316.22 2,486,083.01
2,137,829.60 ₱ 2,185,316.22 ₱ 2,486,083.01 ₱ 2,971,410.77
 Year 4 Year 5

1,424,150.00 1,533,700.00
1,729,325.00 1,862,350.00
216,000.00 237,600.00
360,000.00 360,000.00
823,320.00 823,320.00
200,348.20 210,209.82
30,000.00 30,000.00
372,030.53 455,086.10

₱ 1,583,776.27 ₱ 1,755,034.08

213,879.69 229,920.67
33,285.03 17,244.05
600,000.00 600,000.00
₱ 847,164.72 ₱ 847,164.72
736,611.55 907,869.36
2,971,410.77 3,708,022.32
₱ 3,708,022.32 ₱ 4,615,891.68
 COMPARATIVE STATEMENTS OF CHANGES IN EQUIT
YEAR ENDED AS OF YEAR 1 TO YEAR 5
Year 1 Year 2
Partner's Capital, beg ₱ 1,800,000.00 ₱ 1,873,665.02
Add: Income 673,665.02 879,326.97
Total 2,473,665.02 2,752,991.99
Less: Withdrawals 600,000.00 600,000.00
Patner's Capital, end ₱ 1,873,665.02 ₱ 2,152,991.99
 MENTS OF CHANGES IN EQUITY
AS OF YEAR 1 TO YEAR 5
Year 3 Year 4 Year 5
₱ 2,152,991.99 ₱ 2,484,829.89 ₱ 3,131,647.14
931,837.90 1,246,817.25 1,433,710.78
3,084,829.89 3,731,647.14 4,565,357.92
600,000.00 600,000.00 600,000.00
₱ 2,484,829.89 ₱ 3,131,647.14 ₱ 3,965,357.92
 YEAR 1
Share in
Partners Beginning Capital Income/Loss
Hassan A. Ali 600,000.00 224,555.00
Raisa P. Aguam 600,000.00 224,555.00
Tasnim A. Ali 600,000.00 224,555.00
TOTAL ₱ 1,800,000.00 ₱ 673,665.02

YEAR 2
Share in
Partners Beginning Capital Income/Loss
Hassan A. Ali 624,555.00 293,108.99
Raisa P. Aguam 624,555.00 293,108.99
Tasnim A. Ali 624,555.00 293,108.99
TOTAL ₱ 1,873,665.02 ₱ 879,326.97

YEAR 3
Share in
Partners Beginning Capital Income/Loss
Hassan A. Ali 717,663.99 353,345.30
Raisa P. Aguam 717,663.99 353,345.30
Tasnim A. Ali 717,663.99 353,345.30
TOTAL ₱ 2,152,991.99 ₱ 1,060,035.90

YEAR 4
Share in
Partners Beginning Capital Income/Loss
Hassan A. Ali 871,009.29 415,605.75
Raisa P. Aguam 871,009.29 415,605.75
Tasnim A. Ali 871,009.29 415,605.75
TOTAL ₱ 2,613,027.89 ₱ 1,246,817.25

YEAR 5
Share in
Partners Beginning Capital Income/Loss
Hassan A. Ali 1,086,615.04 477,903.59
Raisa P. Aguam 1,086,615.04 477,903.59
Tasnim A. Ali 1,086,615.04 477,903.59
TOTAL ₱ 3,259,845.14 ₱ 1,433,710.78
YEAR 1

Total Drawing Ending Capital

824555 200,000.00 624,555.00
824555 200,000.00 624,555.00
824555 200,000.00 624,555.00
2,473,665.02 ₱ 600,000.00 ₱ 1,873,665.02

YEAR 2

Total Drawing Ending Capital

917663.99 200,000.00 717,663.99
917663.99 200,000.00 717,663.99
917663.99 200,000.00 717,663.99
₱ 2,752,991.99 ₱ 600,000.00 ₱ 2,152,991.99

YEAR 3

Total Drawing Ending Capital

1,071,009.29 200,000.00 871,009.29
1,071,009.29 200,000.00 871,009.29
1,071,009.29 200,000.00 871,009.29
₱ 3,213,027.89 ₱ 600,000.00 ₱ 2,613,027.89

YEAR 4

Total Drawing Ending Capital

1,286,615.04 200,000.00 1,086,615.04
1,286,615.04 200,000.00 1,086,615.04
1,286,615.04 200,000.00 1,086,615.04
₱ 3,859,845.14 ₱ 600,000.00 ₱ 3,259,845.14

YEAR 5

Total Drawing Ending Capital

1,564,518.63 200,000.00 1,364,518.63
1,564,518.63 200,000.00 1,364,518.63
1,564,518.63 200,000.00 1,364,518.63
₱ 4,693,555.92 ₱ 600,000.00 ₱ 4,093,555.92
 INCOME STATEMENT
YEAR ENDED AS OF YEAR 1 TO YEAR 5

Notes Year 1
Cash received from Foods 1,095,500.00
Cash received from Drinks 1,330,250.00
Cash received from Live Band 151,200.00
Gross Income 2,576,950.00
Less: Operating Expenses
Rent Expense 360,000.00
Salaries Expense 823,320.00
Utilities Expense 173,988.00
Depreciation - PPE 94,239.08
Depreciation - Furniture and Fixtures 24,430.20
Depreciation - Right of use asset 10,017.00
Interest Expense 75,000.00
Miscellaneous 30,000.00
Pre-Operating 18,739.00
Total Operating Expenses ₱ 1,609,733.28
Net Income before tax ₱ 967,216.72
Tax 30% 290,165.02
Net Income after tax ₱ 677,051.70
 INCOME STATEMENT
ENDED AS OF YEAR 1 TO YEAR 5

Year 2 Year 3 Year 4 Year 5

1,208,900.00 1,314,600.00 1,424,150.00 1,533,700.00
1,467,950.00 1,596,300.00 1,729,325.00 1,862,350.00
172,800.00 194,400.00 216,000.00 237,600.00
2,849,650.00 3,105,300.00 3,369,475.00 3,633,650.00

360,000.00 360,000.00 360,000.00 360,000.00

823,320.00 823,320.00 823,320.00 823,320.00
182,268.00 191,044.80 200,348.20 210,209.82
94,239.08 94,239.08 94,239.08 94,239.08
24,430.20 24,430.20 24,430.20 24,430.20
10,017.00 10,017.00 10,017.00 10,017.00
62,087.65 48,206.86 33,285.03 17,244.05
30,000.00 30,000.00 30,000.00 30,000.00

1,586,361.93 ₱ 1,581,257.94 ₱ 1,575,639.51 ₱ 1,569,460.15

₱ 1,263,288.07 ₱ 1,524,042.06 ₱ 1,793,835.49 ₱ 2,064,189.85
378,986.42 457,212.62 538,150.65 619,256.96
₱ 884,301.65 ₱ 1,066,829.44 ₱ 1,255,684.84 ₱ 1,444,932.90
1,208,900.00
1,467,950.00
172,800.00
2,849,650.00

1,131,460.00
1,596,300.00
194,400.00
2,922,160.00
 Year 2 Year 1
Cash received from Foods 1,208,900.00 1,095,500.00
Cash received from Drinks 1,467,950.00 1,330,250.00
Cash received from Live Band 172,800.00 151,200.00
Gross Income 2,849,650.00 2,576,950.00
Less: Operating Expenses
Rent Expense 360,000.00 360,000.00
Salaries Expense 823,320.00 823,320.00
Utilities Expense 182,268.00 173,988.00
Depreciation - PPE 94,239.08 94,239.08
Depreciation - Furniture and Fixtures 24,430.20 24,430.20
Depreciation - Right of use asset 10,017.00 10,017.00
Interest Expense 62,087.65 75,000.00
Miscellaneous 30,000.00 30,000.00
Pre-Operating - 18,739.00
Total Operating Expenses 1,586,361.93 1,609,733.28
Net Income before tax 1,263,288.07 967,216.72
Tax 30% 378,986.42 290,165.02
Net Income after tax ₱ 884,301.65 ₱ 677,051.70
Increase/Decrease %
113,400.00 10.35%
137,700.00 10.35%
21,600.00 14.28%
272,700.00 10.58%

- -
- -
8,280.00 4.76%
- -
- -
- -
- 12,912.35 -17.22%
- -
18,739.00 100%
- 23,371.35 -1.45%
296,071.35 30.61%
88,821.41 30.61%
₱ 207,249.95 30.61%
 Year 3 Year 2
Cash received from Foods 1,314,600.00 1,208,900.00
Cash received from Drinks 1,596,300.00 1,467,950.00
Cash received from Live Band 194,400.00 172,800.00
Gross Income 3,105,300.00 2,849,650.00
Less: Operating Expenses
Rent Expense 360,000.00 360,000.00
Salaries Expense 823,320.00 823,320.00
Utilities Expense 191,044.80 182,268.00
Depreciation - PPE 94,239.08 94,239.08
Depreciation - Furniture and Fixtures 24,430.20 24,430.20
Depreciation - Right of use asset 10,017.00 10,017.00
Interest Expense 48,206.86 62,087.65
Miscellaneous 30,000.00 30,000.00
Pre-Operating - -
Total Operating Expenses 1,581,257.94 1,586,361.93
Net Income before tax 1,524,042.06 1,263,288.07
Tax 30% 457,212.62 378,986.42
Net Income after tax ₱ 1,066,829.44 ₱ 884,301.65
Increase/Decrease %
105,700.00 8.74%
128,350.00 8.74%
21,600.00 12.50%
255,650.00 8.97%

- 0%
- 0%
8,776.80 4.82%
- 0%
- 0%
- 0%
- 13,880.79 -22.36%
- 0%
- 0%
- 5,103.99 -0.32%
260,753.99 20.64%
78,226.20 0.21
₱ 182,527.79 0.21
 Year 4
Cash received from Foods 1,424,150.00
Cash received from Drinks 1,729,325.00
Cash received from Live Band 216,000.00
Gross Income 3,369,475.00
Less: Operating Expenses
Rent Expense 360,000.00
Salaries Expense 823,320.00
Utilities Expense 200,348.20
Depreciation - PPE 94,239.08
Depreciation - Furniture and Fixtures 24,430.20
Depreciation - Right of use asset 10,017.00
Interest Expense 33,285.03
Miscellaneous 30,000.00
Pre-Operating -
Total Operating Expenses 1,575,639.51
Net Income before tax 1,793,835.49
Tax 30% 538,150.65
Net Income after tax 1,255,684.84
 Year 3 Increse/Decrease %
1,314,600.00 109,550.00 8.33%
1,596,300.00 133,025.00 8.33%
194,400.00 21,600.00 11.11%
3,105,300.00 447,315.00 15.31%

360,000.00 - 0%
823,320.00 - 0%
191,044.80 9,303.40 5%
94,239.08 - 0%
24,430.20 - 0%
10,017.00 - 0%
48,206.86 - 14,921.83 -30.95%
30,000.00 - 0%
- - 0%
1,581,257.94 - 5,618.43 -0.36%
1,524,042.06 269,793.43 17.70%
457,212.62 80,938.03 17.70%
₱ 1,066,829.44 188,855.40 17.70%
 Year 5
Cash received from Foods 1,533,700.00
Cash received from Drinks 1,862,350.00
Cash received from Live Band 237,600.00
Gross Income 3,633,650.00
Less: Operating Expenses
Rent Expense 360,000.00
Salaries Expense 823,320.00
Utilities Expense 210,209.82
Depreciation - PPE 94,239.08
Depreciation - Furniture and Fixtures 24,430.20
Depreciation - Right of use asset 10,017.00
Interest Expense 17,244.05
Miscellaneous 30,000.00
Pre-Operating -
Total Operating Expenses 1,569,460.15
Net Income before tax 2,064,189.85
Tax 30% 619,256.96
Net Income after tax ₱ 1,444,932.90
Year 4 Increase/Decrease %
1,424,150.00 109,550.00 7.69%
1,729,325.00 133,025.00 7.69%
216,000.00 21,600.00 10%
3,369,475.00 264,175.00 7.84%

360,000.00 - 0%
823,320.00 - 0%
200,348.20 9,861.62 4.92%
94,239.08 - 0%
24,430.20 - 0%
10,017.00 - 0%
33,285.03 - 16,040.98 -48.19%
30,000.00 0%
- 0%
1,575,639.51 - 6,179.36 -0.39%
1,793,835.49 270,354.36 15.07%
538,150.65 81,106.31 15.07%
1,255,684.84 ₱ 189,248.05 15.07%
 STATEMENT OF FINANCIAL PO
AS OF YEAR ENDED YEAR 1
ACCOUNTS Notes Year 1
ASSETS
Current Asset
Petty Cash 3,000.00
Cash in bank 2,355,916.89
Total Current Asset 2,358,916.89
Noncurrent Asset
Property, Plant and Equipment, net 376,956.32
Furnitures and Fixtures, net 97,720.80
Right of use asset, net 40,068.00
Total Noncurrent Assets 514,745.12
TOTAL ASSETS ₱ 2,873,662.01
LIABILITIES AND EQUITIE
Current Liabilities
Loans Payable, current 172,161.72
Total Current Liabilities 172,161.71
Noncurrent Liability
Loans Payable, noncurrent 827,835.28
Total Noncurrent Liability 827,835.28
Partner's Equity 1,873,665.02
Total Owner's Equity 1,873,665.02
TOTAL LIABILITIES AND EQUITY ₱ 2,873,662.01
MENT OF FINANCIAL POSITIN
F YEAR ENDED YEAR 1 TO 5
Year 2 Year 3 Year 4
ASSETS

3,000.00 3,000.00 3,000.00

2,591,768.43 2,867,215.54 3,443,761.21
2,594,768.43 2,870,215.54 3,446,761.21

282,717.24 188,478.16 94,239.08

73,290.60 48,860.40 24,430.20
30,051.00 20,034.00 10,017.00
386,058.84 257,372.56 128,686.28
₱ 2,980,827.27 ₱ 3,127,588.10 ₱ 3,575,447.49
ABILITIES AND EQUITIES

185,077.07 198,957.86 213,879.69

185,077.07 198,957.86 213,879.69

642,758.21 443,800.35 229,920.66

642,758.21 443,800.35 229,920.66
2,152,991.99 2,484,829.89 3,131,647.14
2,795,750.20 2,928,630.24 3,131,647.14
₱ 2,980,827.27 ₱ 3,127,588.10 ₱ 3,575,447.49
 Year Net Income
Year 5 1 677,051.70
2 884,301.65
3 1,066,829.44
3,000.00 4 1,255,684.84
4,192,278.59 5 1,444,932.90
4,195,278.59

- ₱2,995,052.00 ₱3,183,097.98
-
-
-
₱ 4,195,278.59

229,920.67 Particulars Notes

229,920.67
Current Asset
- Petty Cash
- Cash in bank
3,965,357.92 Supplies
3,965,357.92 Total Current Asset
₱ 4,195,278.59 Noncurrent Asset
Property, Plant and Equipment, net
Furnitures and Fixtures, net
Right of use asset, net
Total Noncurrent Assets
TOTAL ASSETS

Current Liabilities
Income Taxes Payable
Noncurrent Liabilities
Loans Payable
Total Liability
Partner's Equity
Total Owner's Equity
TOTAL LIABILITIES AND EQUITY
Interest Expense net of Tax Total Asset
52,500.00 729,551.70 ₱2,995,052.00
43,461.36 927,763.01 ₱3,183,097.98
33,744.80 1,100,574.24 ₱3,587,195.76
23,299.52 1,278,984.36 ₱4,051,938.94
12,070.84 1,457,003.74 ₱4,748,057.49

₱3,587,195.76 ₱4,051,938.94 ₱4,748,057.49

STATEMENT OF FINANCIAL POSITION

AS OF YEAR ENDED YEAR 1 TO 5
Year 1 Year 2 Year 3
ASSETS

3,000.00 3,000.00 3,000.00

2,185,316.22 2,486,083.01 2,971,410.77
291,990.66 307,956.13 355,412.43
2,480,306.88 2,797,039.14 3,329,823.20

376,956.32 282,717.24 188,478.16

97,720.80 73,290.60 48,860.40
40,068.00 30,051.00 20,034.00
514,745.12 386,058.84 257,372.56
₱2,995,052.00 ₱3,183,097.98 ₱3,587,195.76
LIABILITIES AND EQUITIES

290,165.02 378,986.42 457,212.62

827,835.28 642,758.21 443,800.35

1,118,000.30 1,021,744.63 901,012.97
1,877,051.70 2,161,353.35 2,686,182.79
1,877,051.70 2,161,353.35 2,686,182.79
₱2,995,052.00 ₱3,183,097.98 ₱3,587,195.76
 ROA
24%
29%
31%
32%
31%

Year 4 Year 5

3,000.00 3,000.00
3,708,022.32 4,615,891.68
212,230.34 129,165.81
3,923,252.66 ₱4,748,057.49

94,239.08 -
24,430.20 -
10,017.00 -
128,686.28 -
₱4,051,938.94 ₱4,748,057.49

538,150.65 619,256.96

229,920.66 -
768,071.31 619,256.96
3,283,867.63 4,128,800.53
3,283,867.63 4,128,800.53
₱4,051,938.94 ₱4,748,057.49
 YEAR 2 YEAR 1

ASSETS
Current Asset
Petty Cash 3,000.00 3,000.00
Cash in bank 2,486,083.01 2,185,316.22
Supplies 307,956.13 291,990.66
Total Current Asset 2,797,039.14 2,480,306.88
Noncurrent Asset
Property, Plant and Equipment, net 282,717.24 376,956.32
Furnitures and Fixtures, net 73,290.60 97,720.80
Right of use asset, net 30,051.00 40,068.00
Total Noncurrent Assets 386,058.84 514,745.12
TOTAL ASSETS ₱ 3,183,097.98 ₱ 2,995,052.00
LIABILITIES AND EQUITIES
Current Liabilities
Income Taxes Payable 378,986.42 290,165.02
Noncurrent Liability
Loans Payable 642,758.21 827,835.28
Total Liabilities 1,021,744.63 1,118,000.30
Owner's Equity
Partner's Equity 2,161,353.35 1,877,051.70
TOTAL LIABILITIES AND EQUITY ₱ 3,183,097.98 ₱ 2,995,052.00
 INCREAE/DECFEASE %

- 0%
300,766.79 14%
15,965.47 5%
316,732.26 13%

- 94,239.08 -25%
- 24,430.20 -25%
- 10,017.00 -25%
- 128,686.28 -25%
₱ 188,045.98 6%

88,821.40 31%

- 185,077.07 -22%
- 96,255.67 -9%

284,301.65 15%
₱ 188,045.98 6%
 YEAR 3

ASSETS
Current Asset
Petty Cash 3,000.00
Cash in bank 2,971,410.77
Supplies 355,412.43
Total Current Asset 3,329,823.20
Noncurrent Asset
Property, Plant and Equipment, net 188,478.16
Furnitures and Fixtures, net 48,860.40
Right of use asset, net 20,034.00
Total Noncurrent Assets 257,372.56
TOTAL ASSETS ₱ 3,587,195.76
LIABILITIES AND EQUITIES
Current Liabilities
Income Taxes Payable 457,212.62
Noncurrent Liability
Loans Payable 443,800.35
Total Liabilities 901,012.97
Owner's Equity
Partner's Equity 2,686,182.79
Total Owner's Equity 2,686,182.79
TOTAL LIABILITIES AND EQUITY ₱ 3,587,195.76
 YEAR 2 INCREAE/DECFEASE %

ASSETS

3,000.00 - 0%
2,486,083.01 485,327.76 20%
307,956.13 47,456.30 15%
2,797,039.14 532,784.06 19%

282,717.24 - 94,239.08 -33%

73,290.60 - 24,430.20 -33%
30,051.00 - 10,017.00 -33%
386,058.84 - 128,686.28 -33%
₱ 3,183,097.98 ₱ 404,097.78 13%
ITIES AND EQUITIES

378,986.42 78,226.20 21%

642,758.21 - 198,957.86 -31%

1,021,744.63 - 120,731.66 -12%

2,161,353.35 524,829.44 24%

2,161,353.35 524,829.44 24%
₱ 3,183,097.98 ₱ 404,097.78 13%
 YEAR 4 YEAR 3

ASSETS
Current Asset
Petty Cash 3,000.00 3,000.00
Cash in bank 3,708,022.32 2,971,410.77
Supplies 212,230.34 355,412.43
Total Current Asset 3,923,252.66 3,329,823.20
Noncurrent Asset
Property, Plant and Equipment, net 94,239.08 188,478.16
Furnitures and Fixtures, net 24,430.20 48,860.40
Right of use asset, net 10,017.00 20,034.00
Total Noncurrent Assets 128,686.28 257,372.56
TOTAL ASSETS ₱4,051,938.94 ₱ 3,587,195.76
LIABILITIES AND EQUITIES
Current Liabilities
Income Taxes Payable 538,150.65 457,212.62
Noncurrent Liability
Loans Payable 229,920.66 443,800.35
Total Liabilities 768,071.31 901,012.97
Owner's Equity
Partner's Equity 3,283,867.63 2,686,182.79
Total Owner's Equity 3,283,867.63 2,686,182.79
TOTAL LIABILITIES AND EQUITY ₱4,051,938.94 ₱ 3,587,195.76
 INCREAE/DECFEASE %

- 0%
736,611.55 25%
- 143,182.09 -40%
593,429.46 18%

- 94,239.08 -50%
- 24,430.20 -50%
- 10,017.00 -50%
- 128,686.28 -50%
₱ 464,743.18 13%
ES

80,938.03 18%

- 213,879.69 -48%
- 132,941.66 -15%

597,684.84 22%
597,684.84 22%
₱ 464,743.18 13%
 YEAR 5 YEAR 4

ASSETS
Current Asset
Petty Cash 3,000.00 3,000.00
Cash in bank 4,615,891.68 3,708,022.32
Supplies 129,165.81 212,230.34
Total Current Asset ₱4,748,057.49 3,923,252.66
Noncurrent Asset
Property, Plant and Equipment, net - 94,239.08
Furnitures and Fixtures, net - 24,430.20
Right of use asset, net - 10,017.00
Total Noncurrent Assets - 128,686.28
TOTAL ASSETS ₱4,748,057.49 ₱4,051,938.94
LIABILITIES AND EQUITIES
Current Liabilities
Income Taxes Payable 619,256.96 538,150.65
Noncurrent Liability
Loans Payable 0.00 229,920.66
Total Liabilities 619,256.96 768,071.31
Owner's Equity
Partner's Equity 4,128,800.53 3,283,867.63
Total Owner's Equity 4,128,800.53 3,283,867.63
TOTAL LIABILITIES AND EQUITY ₱4,748,057.49 ₱4,051,938.94
 INCREAE/DECFEASE %

- 0%
907,869.36 24%
-83,064.53 -39%
₱824,804.83 21%

-94,239.08 -100%
-24,430.20 -100%
-10,017.00 -100%
-128,686.28 -100%
₱696,118.55 17%
TIES

81,106.31 15%

- 229,920.66 -100%
- 148,814.35 -19%

844,932.90 26%
844,932.90 26%
₱ 696,118.55 17%
 RATIO ANALYSIS
Year Net Sales Net Income ROS Year
1 ₱ 2,576,950.00 ₱ 673,665.02 26% 1
2 ₱ 2,849,650.00 ₱ 879,326.97 31% 2
3 ₱ 3,105,300.00 ₱ 1,060,035.90 34% 3
4 ₱ 3,369,475.00 ₱ 1,246,817.25 37% 4
5 ₱ 3,633,650.00 ₱ 1,433,710.78 39% 5

Return on Equity
Year Net Income Shareholders' Investment ROE
1 ₱ 673,665.02 ₱ 1,873,665.02 36% Year
2 ₱ 879,326.97 ₱ 2,152,991.99 41% 1
3 ₱ 1,060,035.90 ₱ 2,484,829.89 43% 2
4 ₱ 1,246,817.25 ₱ 3,131,647.14 40% 3
5 ₱ 1,433,710.78 ₱ 3,965,357.92 36% 4
5

Debt Equity Ratio

Year Total Liabilities Total Shareholders' Equity DER
1 ₱ 822,603.60 ₱ 1,873,665.02 44% Year
2 ₱ 634,563.42 ₱ 2,152,991.99 29% 1
3 ₱ 435,240.82 ₱ 2,484,829.89 18% 2
4 ₱ 223,958.87 ₱ 3,131,647.14 7% 3
5 - ₱ 3,965,357.92 0% 4
5

Return on Investment
Year Net Income Cost of Investment ROI
1 ₱ 673,665.02 ₱ 2,800,000.00 24%
2 ₱ 879,326.97 ₱ 2,800,000.00 31%
3 ₱ 1,060,035.90 ₱ 2,800,000.00 38%
4 ₱ 1,246,817.25 ₱ 2,800,000.00 45%
5 ₱ 1,433,710.78 ₱ 2,800,000.00 51%

Payback Period
Year Net Cash Inflow
1 ₱ 894,651.34
2 1,147,931.51
3 1,332,492.48
4 1,583,776.27
 5 1,755,034.08
TOTAL 6,713,885.68
Average 1,342,777.14
Net Investment 2,800,000.00
PBP 2.08523061392
 Return on Asset
Net Income Inerest Expense,et of Tax Total Asset
₱ 673,665.02 42,000.00 ₱ 715,665.02 ₱ 2,696,268.62
₱ 879,326.97 34,549.35 ₱ 913,876.32 ₱ 2,787,555.41
₱ 1,060,035.90 26,651.66 ₱ 1,086,686.66 2,920,070.71
₱ 1,246,817.25 18,280.11 ₱ 1,265,097.36 ₱ 3,355,606.01
₱ 1,433,710.78 9,406.27 ₱ 1,443,117.05 ₱ 3,965,357.92

Equity Ratio
Total Shareholders' Equity Total Asset ER
₱ 1,873,665.02 ₱ 2,696,268.62 69%
₱ 2,152,991.99 ₱ 2,787,555.41 77%
₱ 2,484,829.89 2,920,070.71 85%
₱ 3,131,647.14 ₱ 3,355,606.01 93%
₱ 3,965,357.92 ₱ 3,965,357.92 100%

Debt Ratio
Total Liabilities Total Asset DR
₱ 822,603.60 ₱ 2,696,268.62 31%
₱ 634,563.42 ₱ 2,787,555.41 23%
₱ 435,240.82 2,920,070.71 15%
₱ 223,958.87 ₱ 3,355,606.01 7%
₱ - ₱ 3,965,357.92 0%
ROA
27%
33%
37%
38%
36%