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FOR BUSINESS ENQUIRYCONTACT

E- mail
Cell No.

Harshit Agarwal {M.B.A}

hrshtagarwal08@gmail.com
+91 - 9582687800

xcel. DO NOT enter any information into them. Enter numbers where they

balance sheet or income statement. Note that changing data in one place
e effect on future figures by making a change in current figures. Use the

DATA SHEET

Year of Projection
Corporation Type (C or S)?
Enter Period
Operating Data
Days sales in accounts receivable
Days materials cost in inventory
Days finished goods in inventory
Days materials cost in payables
Days payroll expense accrued
Days operating expense accrued
Expense Data
Direct labor as % of sales
Other payroll as % of sales
Payroll taxes as % of payroll
Insurance as % of payroll
Legal/accounting as % of sales
Office overhead as % of sales
Financing Data (0 on)
Long term debt
Short-term debt
Capital stock issued
Additional paid-in capital
Accumulated depreciation

2013
C
1

'C' Corporation format selected; income taxes WILL be computed

Enter Period: 1 = Quarter, 2 = Year
1st Qtr
2nd Qtr
3rd Qtr
30
30
30
30
30
30
45
45
45
60
60
60
7
7
7
20
20
20

16.00%
12.00%
10.00%
5.00%
2.00%
3.00%

of sales
of sales
of payroll
of payroll
of sales
of sales

Depreciation

Capital

400,000

320,000
240,000
56,000
28,000
40,000
60,000

100,000
50,000

240,000
180,000
42,000
21,000
30,000
45,000

208,000
156,000
36,400
18,200
26,000
39,000

Current Portion
LT Portion

100,000
500,000

50,000

4th Qtr
30
30
45
60
7
20

321,616
241,212
56,283
28,141
40,202
60,303
Rate
10.00%
10.00%

INCOME STATEMENT
Forecasted
2nd Qtr
3rd Qtr

1st Qtr
Sales
Sales
Cost of sales

Total
4 Quarters

4th Qtr

2,000,000
945,000

1,500,000
865,000

1,300,000
833,000

2,010,100
1,071,616

6,810,100
3,714,616

Gross profit

1,055,000

635,000

467,000

938,484

3,095,484

Expenses
Operating expenses
Interest
Depreciation
Amortization
Total expenses

424,000
16,250
32,500
1,250
474,000

1,443,741
65,000
134,374
5,000
1,648,115

Operating income

581,000

265,542

139,942

460,885

1,447,369

Other income and expenses

Gain (loss) on sale of assets
Other (net)
Subtotal

100,000
20,000
120,000

10,000
50,000
60,000

3,000
100,000
103,000

405,700
200,000
605,700

518,700
370,000
888,700

Income before tax

Please enter a tax percentage
Taxes @
30%

701,000

325,542

242,942

1,066,585

2,336,069

210,300

97,663

72,883

319,975

700,821

Net income

490,700

227,879

170,059

746,609

1,635,248

Retained earnings-beginning

1,400,000

1,890,700

2,118,579

2,288,638

1,400,000

Dividends paid

50,000

50,000

Retained earnings-ending

1,890,700

2,118,579

2,288,638

2,985,247

2,985,248

320,000
500,000
125,000

240,000
500,000
125,000

208,000
500,000
125,000

321,616
500,000
250,000

1,089,616
2,000,000
625,000

Depreciation: Enter the numbers of years.

30 year Buildings
10 year Equipment

12,500
20,000

12,083
21,875

12,083
21,875

12,083
21,875

48,749
85,625

Interest: Percentages from Data sheet

10.00%
Long-Term

10.00% Short-Term

1,250
15,000

1,250
15,000

1,250
15,000

1,250
15,000

5,000
60,000

318,000
16,250
33,958
1,250
369,458

275,600
16,250
33,958
1,250
327,058

426,141
16,250
33,958
1,250
477,599

Detailed Supporting Information

Cost of sales
Direct labor
Materials
Other costs

BALANCE SHEET

Actual
2012
ASSETS
Current Assets
Cash and cash equivalents
Accounts receivable
Inventory
Other current assets
Total Current Assets

Forecast
1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

451,000
350,000
400,000
10,000
1,211,000

90,360
657,534
630,411
60,000
1,438,305

289,233
493,151
590,959
45,090
1,418,433

614,196
427,397
575,178
76,320
1,693,091

1,267,364
660,855
692,852
50,000
2,671,071

Subtotal
Less-accumulated depreciation
Total Fixed Assets

100,000
1,500,000
800,000
2,400,000
400,000
2,000,000

112,500
1,450,000
875,000
2,437,500
432,500
2,005,000

125,000
1,450,000
875,000
2,450,000
466,458
1,983,542

137,500
1,450,000
875,000
2,462,500
500,416
1,962,084

150,000
1,450,000
875,000
2,475,000
534,374
1,940,626

Intangible Assets
Cost
Less-accumulated amortization
Total Intangible Assets

50,000
20,000
30,000

50,000
21,250
28,750

50,000
22,500
27,500

50,000
23,750
26,250

50,000
25,000
25,000

25,000
3,266,000

33,000
3,505,055

120,000
3,549,475

5,000
3,686,425

23,000
4,659,697

Fixed Assets
Land
Buildings
Equipment

Other assets
Total Assets

Actual
2012

Forecast

LIABILITIES AND
STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable
Notes payable
Current portion of long-term debt
Income taxes
Accrued expenses
Other current liabilities
Total Current Liabilities

600,000
100,000
100,000
30,000
90,000
16,000
936,000

328,767
50,000
100,000
183,300
83,288
12,000
757,355

328,767
50,000
100,000
70,663
62,466
12,000
623,896

328,767
50,000
100,000
45,883
54,137
12,000
590,787

328,767
50,000
100,000
292,975
83,708
12,000
867,450

Non-Current Liabilities
Long-term debt
Deferred income
Deferred income taxes
Other long-term liabilities

600,000
100,000
30,000
50,000

500,000
90,000
27,000
90,000

500,000
90,000
27,000
40,000

500,000
90,000
27,000
40,000

500,000
90,000
27,000
40,000

1,247,787

1,524,450

100,000
50,000
2,985,247
3,135,247

3,686,425

4,659,697

Total Liabilities
Stockholders' Equity
Capital stock issued
Additional paid in capital
Retained earnings
Other

Total Liabilities and Equity

"C" Corporation (Y/N)
Cash balance positive or (negative)
Amount sheet is out-of-balance
Amount cash flow out-of-balance

1st Qtr

1,716,000

100,000
50,000
1,400,000
1,550,000

3,266,000

Y
Positive

2nd Qtr

1,464,355

100,000
50,000
1,890,700
2,040,700

3,505,055

Positive
-

3rd Qtr

1,280,896

100,000
50,000
2,118,579
2,268,579

3,549,475

Positive
-

100,000
50,000
2,288,638
2,438,638

Positive
-

4th Qtr

Positive
-

CASH FLOW STATEMENT

Forecasted
2nd Qtr
3rd Qtr

1st Qtr
Cash from operations
Net earnings (loss)
Add-depreciation and amortization
Net cash from operations
Cash provided (used) by
operating activities
Accounts Receivable
Inventory
Other current assets
Other non-current assets
Accounts payable
Current portion of long-term debt
Income taxes
Accrued expenses
Other current liabilities
Dividends paid

490,700 227,879 170,059

33,750 35,208 35,208

746,609
35,208

1,635,247
139,374

524,450 263,087 205,267

781,817

1,774,621

-310,855
-292,852
-40,000
2,000
-271,233
262,975
-6,292
-4,000
-50,000

-116,149

-710,257

50,000
-50,000
75,000
-

12,500

75,000

Net cash from operations

Investment transactions
Increases (decreases)
Land
Buildings and improvements
Equipment
Intangible assets
Net cash from investments
Financing transactions
Increases (decreases)
Short term notes payable
Long term debt
Deferred income
Deferred income taxes
Other long-term liabilities
Capital stock and paid in capital

Total
4 Quarters

4th Qtr

-307,534
-230,411
-50,000
-8,000
-271,233
153,300
-6,712
-4,000
-

164,383 65,754
39,452 15,781
14,910 -31,230
-87,000 115,000

-112,637 -24,780
-20,822
-8,329

-724,590

-1,714 132,196

12,500
-

12,500
-50,000
75,000
-

37,500

12,500

12,500
-

12,500

-233,458
-117,674
26,320
-18,000
247,092
29,571
-50,000

12,500
-

-50,000
-100,000
-10,000

-3,000
40,000

-50,000
-

-50,000
-100,000
-10,000
-3,000
-10,000
-

-123,000

-50,000

-173,000

-360,640 198,873 324,963

653,168

816,364

Cash at beginning of period

451,000

90,360 289,233

614,196

451,000

Cash at the end of period

90,360 289,233 614,196

1,267,364

1,267,364

Net cash from financing

Net increase (decrease) in cash

CASH FLOW PROJECTIONS

Cash from operations

Net earnings (loss)
Add-depreciation and amortization
Net cash from operations
Cash provided (used) by
operating activities
Accounts Receivable
Inventory
Other current assets
Other non-current assets
Accounts payable
Current portion of long-term debt
Income taxes
Accrued expenses
Other current liabilities
Dividends paid
Net cash from operations
Investment transactions
Increases (decreases)
Land
Buildings and improvements
Equipment
Intangible assets
Net cash from investments
Financing transactions
Increases (decreases)
Short term notes payable
Long term debt
Deferred income
Deferred income taxes
Other long-term liabilities
Capital stock and paid in capital
Net cash from financing

Current
Forecasted-Linear Regression Analysis
1st Qtr
2nd Qtr
3rd Qtr
4th Qtr
5th Qtr
6th Qtr
1
2
3
4
5
6
490,700 227,879 170,059
746,609
586,289
657,279
33,750 35,208 35,208
35,208
35,937
36,374
524,450 263,087 205,267

-307,534
-230,411
-50,000
-8,000
-271,233
153,300
-6,712
-4,000
-

164,383 65,754
39,452 15,781
14,910 -31,230
-87,000 115,000

-112,637 -24,780
-20,822
-8,329

-724,590

-1,714 132,196

12,500
-

12,500
-50,000
75,000
-

37,500

12,500

12,500
-

12,500

781,817

-233,458
-117,674
26,320
-18,000
247,092
29,571
-50,000

-116,149

12,500
-

12,500

-50,000
-100,000
-10,000

-3,000
40,000

-50,000
-

-123,000

-50,000

622,226

693,654

-34,454
36,876
53,987
60,700
216,986
194,975
40,897
3,200
-65,000

312,244

508,167

12,500
40,000
-60,000
-

-7,500

40,000
80,000
8,000
2,400
-27,000
-

61,500

103,400

-46,814
5,422
35,705
43,500
135,617
158,052
28,763
2,000
-50,000

12,500
25,000
-37,500
-

25,000
50,000
5,000
1,500
-20,000
-

-360,640 198,873 324,963

653,168

995,970 1,312,721

Cash at beginning of period

451,000

614,196

533,313

Cash at the end of period

Net increase (decrease) in cash

90,360 289,233

90,360 289,233 614,196

602,159

1,267,364 1,529,282 1,914,880

Forecasted-Linear Regression Analysis

7th Qtr
8th Qtr
7
8
728,270
799,261

36,812
37,249

765,082

836,510

-22,094
68,330
72,269
77,900
298,356
231,899
53,031
4,400
-80,000

-9,734
99,784
90,551
95,100
379,726
268,822
65,165
5,600
-95,000

704,091

900,014

12,500
55,000
-82,500
-

12,500
70,000
-105,000
-

-15,000

-22,500

55,000
110,000
11,000
3,300
-34,000
-

70,000
140,000
14,000
4,200
-41,000
-

145,300

187,200

1,629,472 1,946,224

671,005

739,851

2,300,477 2,686,075

DATA CHART

Number of Days

60
50
40
30

20
10

0
1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Turnover

Days sales in accounts receivable

Days materials cost in payables

Days materials cost in inventory

Days payroll expense accrued

Days finished goods in inventory

Days operating expense accrued

ASSET CHART
3,000,000
2,500,000

2,000,000
1,500,000
1,000,000
500,000
1st Qtr

Current Assets

2nd Qtr

Fixed Assets

3rd Qtr

Intangible Assets

4th Qtr

INCOME CHART
2,500,000
2,000,000

1,500,000
1,000,000
500,000
1st Qtr
Sales

2nd Qtr
Gross Profit

Operating Expense

3rd Qtr
Income Before Taxes

4th Qtr