M.I.S.

DEPARTMENT
ANNUAL BUDGET PLANNING
AND EVALUATION FOR 2020
Annual Cost and
Expense Report
THE SUBIC BAY YACHT CLUB, INC.
EMPLOYEE-RELATED
For the Period January to October 2019

EMPLOYEE-RELATED COST Q1 Q2 Q3 OCT TOTAL

SALARIES AND WAGES 92,649.07 129,014.08 137,844.26 44,672.37 404,179.78

EMPLOYEE-RELATED (SSS, EEC) 7,128.40 10,470.00 10,470.00 3,650.00 31,718.40
EMPLOYEE-RELATED (Philhealth) 1,459.11 1,913.55 1,942.89 667.19 5,982.74
EMPLOYEE-RELATED (HDMF) 700.00 900.00 900.00 300.00 2,800.00
13TH MONTH PAY 11,474.99 11,754.28 12,137.09 4,177.77 39,544.13
MEALS and FOODS 7,281.00 14,387.00 14,015.00 2,600.00 38,283.00
UNIFORM 400.00 400.00
MEDICAL BENEFITS 0.00
OTHER EMPLOYEE BENEFITS 0.00

TOTAL EMPLOYEE-RELATED COST 120,692.57 168,438.91 177,709.24 56,067.33 522,908.05

 THE SUBIC BAY YACHT CLUB, INC.
UTILITIES & BASE RENT
For the Period January to October 2019

EMPLOYEE-RELATED COST Q1 Q2 Q3 OCT TOTAL

UTILITIES
Power 24,116.72 30,662.74 26,836.18 8,563.80 90,179.44
Water 6,991.72 6,858.14 4,343.45 1,271.34 19,464.65
Telephone 5,784.81 5,974.10 5,099.72 1,726.30 18,584.93
Internet 15,000.00 15,000.00 15,000.00 5,000.00 50,000.00
CATV 0.00 0.00 0.00 0.00 0.00
Garbage 496.88 496.88
TOTAL COST FOR UTILITIES 51,893.25 58,494.98 51,279.35 17,058.32 178,725.90
BASE RENT
Rentals 0.00
CUSA 2,811.15 2,811.15 2,811.15 937.05 9,370.50
TOTAL BASE RENT COST 2,811.15 2,811.15 2,811.15 937.05 9,370.50

TOTAL EMPLOYEE-RELATED COST 54,704.40 61,306.13 54,090.50 17,995.37 188,096.40

THE SUBIC BAY YACHT CLUB, INC.
OTHER COST OF SERVICES
For the Period January to October 2019

OTHER COST OF SERVICES Q1 Q2 Q3 OCT TOTAL

LPG 0.00
General Supplies 7,243.00 7,243.00
Cleaning and Sanitation 0.00
Operating Supplies 0.00
Fuels and Lubricants 0.00
Transportation 0.00
Laundry Services 0.00
Garbage 0.00
Repairs and Maintenance 540.00 220.00 90.00 850.00

TOTAL OF OTHER COST OF SERVICES 0.00 540.00 7,463.00 90.00 8,093.00

TOTAL COST OF ALL SERVICES 175,396.97 230,505.04 239,042.74 74,152.70 719,097.45

GROSS PROFIT -175,396.97 -230,505.04 -239,042.74 -74,152.70 -719,097.45

THE SUBIC BAY YACHT CLUB, INC.
ADMIN EXPENSES
For the Period January to October 2019

ADMIN EXPENSES Q1 Q2 Q3 OCT TOTAL

Printing and Stationery 816.42 493.40 396.70 108.65 1,815.17

Documents Delivery and Handling 0.00
Office Supplies 0.00
Ads and Promo 0.00
Events and Activities 0.00
Professional Fees / Services 0.00
Misc. Penalty and Charges 3,392.98 3,706.83 1,918.29 414.82 9,432.92
Insurance 0.00
Registration and Other Fees 22,059.00 19,090.00 41,149.00
Representation 3,328.53 3,328.53

TOTAL ADMIN EXPENSES 26,268.40 4,200.23 21,404.99 3,852.00 55,725.62

NET INCOME (LOSS) BEFORE DEPRECIATION -201,665.37 -234,705.27 -260,447.73 -78,004.70 -774,823.07

NET INCOME (LOSS) AFTER DEPRECIATION -201,665.37 -234,705.27 -260,447.73 -78,004.70 -774,823.07
2018 and 2019 Comparative
Cost and Expense Report
(January to October)
THE SUBIC BAY YACHT CLUB, INC.
2018 and 2019 COMPARATIVE REPORT
For the Period January to October 2019

INC. / DEC.
2019 2018 INC. / DEC.
PERCENTAGE

COST OF SERVICES
Salaries, Wages and Other Employee-Related 522,908.05 681,858.89 -158,950.84 -0.23
Utilities 178,725.90 186,101.11 -7,375.21 -0.04
Base Rent 9,370.50 10,307.55 -937.05 -0.09
Other Cost of Services 8,093.00 12,398.51 -4,305.51 -0.35

TOTAL COST OF SERVICES 719,097.45 890,666.06 -171,568.61 -0.71

ADMIN EXPENSES 55,725.00 88,467.87 -32,742.87 -0.37

TOTAL COST AND EXPENSE 774,822.45 979,133.93 -204,311.48 -1.08

Comparative Cost and
Expense Report
(ACTUAL vs TARGET)
THE SUBIC BAY YACHT CLUB, INC.
COMPARATIVE COST & EXPENSE REPORT
ACTUAL vs TARGET

ACTUAL COST TARGET COST INC. / DEC.

INC. / DEC.
AND EXPENSE AND EXPENSE PERCENTAGE

COST OF SERVICES
Salaries, Wages and Other Employee-Related 522,908.05 791,466.60 -268,558.55 -0.34
Utilities 178,725.90 184,317.30 -5,591.40 -0.03
Base Rent 9,370.50 10,541.67 -1,171.17 -0.11
Other Cost of Services 8,093.00 57,244.20 -49,151.20 -0.86

TOTAL COST OF SERVICES 719,097.45 1,043,569.77 -324,472.32 -1.34

ADMIN EXPENSES 55,725.00 54,533.60 1,191.40 0.02

TOTAL COST AND EXPENSE 774,822.45 1,098,103.37 -323,280.92 -1.32

Budget Projections
for the Year 2020
THE SUBIC BAY YACHT CLUB, INC.
BUDGET PROJECTION FOR OPERATIONAL EXPENSES
For the Year 2020

Q1 Q2 Q3 Q4 TOTAL

COST OF SERVICES
Salaries, Wages and Other Employee-Related 237,439.98 237,439.98 237,439.98 237,439.98 949,759.92
Utilities 55,295.19 55,295.19 55,295.19 55,295.19 221,180.76
Base Rent 3,162.54 3,162.54 3,162.54 3,162.54 12,650.16
Other Cost of Services 17,173.26 17,173.26 17,173.26 17,173.26 68,693.04

TOTAL COST OF SERVICES 313,070.97 313,070.97 313,070.97 313,070.97 1,252,283.88

ADMIN EXPENSES 16,360.00 16,360.00 16,360.00 16,360.00 65,440.00

TOTAL COST AND EXPENSE 329,430.97 329,430.97 329,430.97 329,430.97 1,317,723.88

 Update of Scheduled
CapEX Target
Presented During the
Mid-Year Evaluation
(for the 2nd and 3rd Quarter of 2019)
THE SUBIC BAY YACHT CLUB, INC.
SCHEDULED CAPEX TARGET
For the Period July to December 2019

NO. OF DATE
PARTICULARS BRIEF DESCRIPTION ESTIMATED DATE ACTUAL
REQUIRED OF CURRENT SAVINGS
(Itemized List of Requirements) AND JUSTIFICATION COST ACQUIRED COST
UNITS REQUEST STATUS

Cisco ISR-4451 To Fix Network-related Issues 1 300,000.00 MAY 2019 ACQUIRED BY SBYC AUG 2019 309,375.00 -9,375.00

Digital Standee (42”) Cambusa & Marina Lobby 2 157,000.00 SEP 2019 PENDING PENDING

Digital Standee (50”) Main Club Lobby 1 158,000.00 SEP 2019 PROVIDED BY CASINO NOV 2019 0.00 158,000.00

Laptop For General Use 1 85,000.00 AUG 2019 PENDING PENDING

Hard Drives For File and AD/DC Server 8 144,000.00 JUL 2019 ACQUIRED BY SBYC DEC 2019 93,020.00 50,980.00

REQUESTED OUT OF THE SCHEDULED CAPEX TARGET

For the Period July to December 2019
NO. OF DATE
PARTICULARS BRIEF DESCRIPTION ESTIMATED DATE ACTUAL
REQUIRED OF CURRENT SAVINGS
(Itemized List of Requirements) AND JUSTIFICATION COST ACQUIRED COST
UNITS REQUEST STATUS

For WiFi Deployment at the Boathouse, 3rd

and 4th Floor of the Main Club, Entire
WiFi Equipments + Labor Cost 1 275,000.00 SEP 2019 ACQUIRED BY SBYC OCT 2019 213,970.00 61,030.00
Boardwalk and Entire Poolside Area for the
SEA Games

Short-Throw Multimedia Projector For General Use 1 57,000.00 APR 2019 ACQUIRED BY SBYC JUN 2019 49,000.00 8,000.00

For stock and replacement of defective

Computer Keyboard/Mouse 10 7,800.00 JUL 2019 ACQUIRED BY SBYC DEC 2019 7,200.00 600.00
units.

External DVD-Writer For burning Bank Files (payroll) 1 1,550.00 JUL 2019 ACQUIRED BY SBYC DEC 2019 1,400.00 150.00
Scheduled CapEX Target
for the Year 2020
THE SUBIC BAY YACHT CLUB, INC.
SCHEDULED CAPEX TARGET
For the Year 2020
NO. OF
BRIEF DESCRIPTION ESTIMATED DATE AFFECTED DATE ACTUAL
PARTICULARS REQUIRED SAVINGS
AND JUSTIFICATION COST NEEDED DEPARTMENT/S ACQUIRED COST
UNITS
Laptop For General Use 1 85,000.00 Aug -19 All Departments
Microsoft Windows License In com pliance with RA-8293 & RA-9239 01-Oct 82,000.00 Jan-20 All Departments
Microsoft Office License In com pliance with RA-8293 & RA-9239 01-Oct 86,500.00 Jan-20 All Departments
New Mistral Room 1 Renovation Opportunity to Increase Revenue 1 400,000.00 Jan-20 Sales and Marketing
Microsoft Windows License In com pliance with RA-8293 & RA-9239 Nov-20 82,000.00 Feb-20 All Departments
Microsoft Office License In com pliance with RA-8293 & RA-9239 Nov-20 86,500.00 Feb-20 All Departments
New Mistral Room 1 Renovation Opportunity to Increase Revenue 1 400,000.00 Feb-20 Sales and Marketing
Microsoft Windows License In com pliance with RA-8293 & RA-9239 21-30 82,000.00 Mar-20 All Departments
Microsoft Office License In com pliance with RA-8293 & RA-9239 21-30 86,500.00 Mar-20 All Departments
New Mistral Room 1 Renovation Opportunity to Increase Revenue 1 450,000.00 Mar-20 Sales and Marketing
Microsoft Windows License In com pliance with RA-8293 & RA-9239 31-40 82,000.00 Apr-20 All Departments
Microsoft Office License In com pliance with RA-8293 & RA-9239 31-40 86,500.00 Apr-20 All Departments
Microsoft Windows License In com pliance with RA-8293 & RA-9239 41-53 106,600.00 May-20 All Departments
Microsoft Office License In com pliance with RA-8293 & RA-9239 41-51 95,150.00 May-20 All Departments

To prevent dam ages on ser vers and loss

10KVA-On line-UPS 1 320,000.00 Jun-20 All Departments
of files during power outages

TOTAL ESTIMATED CAPEX TARGET 2,530,750.00