LYCA JARABEJO DIESTA
Es' Sancia Food Station
PROJECTED STATEMENT OF FINANCIAL PERFORMANCE
For the year ended December 31, 2018-2020
GROSS SALES
Less:COGS
GROSS INCOME
Less: OPERATING EXPENSE
Legal & Licenses Expense
Rent expense
Supplies expense
Depreciation Expense - Stall
Depreciation Expense - Equipment
Utilities Expense
Administrative Expense
Advertising Expense
Salaries Expense
TOTAL EXPENSE
NET INCOME BEFORE TAX
TAX DUE (Graduated Tax)
NET INCOME AFTER TAX
2018 2019
₱ 2,192,400.00 ₱ 2,714,320.00
₱ 1,394,523.00 ₱ 1,726,501.40
₱ 797,877.00 ₱ 987,818.60
₱ 2,000.00 ₱ 2,000.00
₱ 108,000.00 ₱ 108,000.00
₱ 570.00 ₱ 570.00
₱ 5,000.00 ₱ 5,000.00
₱ 220.00 ₱ 220.00
₱ 39,600.00 ₱ 39,600.00
₱ 530.00 ₱ 530.00
₱ 1,080.00 ₱ 1,080.00
₱ 349,200.00 ₱ 349,200.00
₱ 506,200.00 ₱ 506,200.00
₱ 291,677.00 ₱ 481,618.60
₱ 62,503.10 ₱ 119,485.58
₱ 229,173.90 ₱ 362,133.02
Computation of Tax Due/ Income Tax Expense
₱ 291,677.00 ₱ 481,618.60
250,000.00 250,000.00
41,677.00 231,618.60
30% 30%
12,503.10 69,485.58
50,000 50,000
62,503.10 119,485.58
Graduated Income Tax Table (Individual/Sole)
Amount of Net Taxable Income
Over But Not Over
P10,000
P10,000 P30,000
P30,000 P70,000
P70,000 P140,000

P140,000 P250,000

P250,000 P500,000

P500,000 Above
MANCE
20

2020
₱ 3,166,520.00
₱ 2,014,132.90
₱ 1,152,387.10

₱ 2,000.00
₱ 108,000.00
₱ 570.00
₱ 5,000.00
₱ 220.00
₱ 39,600.00
₱ 530.00
₱ 1,080.00
₱ 349,200.00
₱ 506,200.00
₱ 646,187.10
₱ 171,779.87
₱ 474,407.23

ue/ Income Tax Expense

₱ 646,187.10
500,000.00
146,187.10
32%

46,779.87
125,000
171,779.87

x Table (Individual/Sole)
Rate

5%

P500 + 10% of the

Excess over P10,000

P2,500 + 15% of the

Excess over P30,000
P8,500 + 20% of the
Excess over P70,000

P22,500 + 25% of the

Excess over P140,000

P50,000 + 30% of the

Excess over
P250,000
P125,000 + 32% of
the Excess over
P500,000 in 2000 and
onward
 LYCA JARABEJO DIESTA
Es' Sancia Food Station
PROJECTED STATEMENT OF FINANCIAL POSITION
As of December 31, 2018-2020

2018 2019
ASSET
Current
Cash ₱ 713,293.90 ₱ 1,080,646.92
Total Current Asset ₱ 713,293.90 ₱ 1,080,646.92

Non Current
Equipment(net) ₱ 21,100.00 ₱ 21,100.00
less: Accumulated Depreciation ₱ 5,220.00 ₱ 10,440.00
Total Non Current Asset ₱ 26,320.00 ₱ 31,540.00

Total Asset ₱ 739,613.90 ₱ 1,112,186.92

Equity
Diesta's Capital ₱ 500,000.00 ₱ 739,613.90
Net Income ₱ 229,173.90 ₱ 362,133.02
Total ₱ 739,613.90 ₱ 1,112,186.92

Dieste's Investment ₱ 500,000.00

N

2020

₱ 1,192,921.13
₱ 1,192,921.13

₱ 21,100.00
₱ 15,660.00
₱ 36,760.00

₱ 1,229,681.13

₱ 1,112,186.92
₱ 474,407.23
₱ 1,229,681.13
 LYCA JARABEJO DIESTA
Es' Sancia Food Station
PROJECTED STATEMENT OF CASHFLOWS
As of December 31, 2018-2020

2018 2019 2020

Cash Inflows
Investment ₱ 500,000.00 ₱ - ₱ -
Cash Sales ₱ 2,192,400.00 ₱ 2,714,320.00 ₱ 3,166,520.00
₱ 2,692,400.00 ₱ 2,714,320.00 ₱ 3,166,520.00

Cash Outflows
Purchases
Equipment ₱ 21,100.00
Raw Materials ₱ 1,394,523.00 ₱ 1,726,501.40 ₱ 2,014,132.90
Operating Expense ₱ 500,980.00 ₱ 500,980.00 ₱ 500,980.00
₱ 1,916,603.00 ₱ 2,227,481.40 ₱ 2,515,112.90

Net cash flow ₱ 775,797.00 ₱ 486,838.60 ₱ 651,407.10

Tax Expense ₱ 62,503.10 ₱ 119,485.58 ₱ 171,779.87
Beg. Balance ₱ - ₱ 713,293.90 ₱ 713,293.90
Cash balance, end ₱ 713,293.90 ₱ 1,080,646.92 ₱ 1,192,921.13
 A. Total Project Cost

Note 1
Legal Requirements
DTI & City Hall Permit
BIR
GRAND TOTAL

Note 2
Rent Expense Months Monthly
Rent 12 ₱ 9,000.00
GRAND TOTAL

Note 3
Supplies Expense Quantity Price
Gloves 1box ₱ 170.00
mask 1box ₱ 200.00
hairnet 1box ₱ 200.00
GRAND TOTAL

Note 4
Stall Quantity Price Total
Food kiosk 1 20,000.00 20,000.00
GRAND TOTAL 20,000.00

Note 5
Equipment Quantity Price Total
Stainless steel 1 400.00 400.00
Knife 4 300.00 300.00
Grater 1 100.00 100.00
Fork 100 100.00 100.00
Measuring spoon 1 200.00 200.00
GRAND TOTAL 1,100.00

Note 6
Utilities Monthly
Electricity ₱ 800.00
Water ₱ 2,000.00
Gas 500
GRAND TOTAL ₱ 3,300.00

Note 7
Administrative Expenses Quantity Price
Bond Paper 3 rims ₱ 120.00
Ballpen 3 boxes ₱ 40.00
Columnar 2 pcs. ₱ 25.00
GRAND TOTAL

Note 8
Advertising Expense Quantity Price
Fliers 250 ₱ 2.00
Tarpaulin 4 ₱ 120.00
Facebook Advertisement ₱ 100.00
GRAND TOTAL

Note 9
Labor ( 2018) Quantity Salary per month
Manager 1 ₱ 10,600.00
Accountant 1 ₱ 1,500.00
Employees 2 ₱ 8,500.00
13th Month Pay (Employees & Manager)
GRAND TOTAL
t Cost

Total Per Year

₱ 1,500.00
₱ 500.00
₱ 2,000.00

Total Per Year

₱ 108,000.00
₱ 108,000.00

Total Per Year

₱ 170.00
₱ 200.00
₱ 200.00
₱ 570.00

Useful Life Depreciation per year

5years 5000.00
₱ 5,000.00

Useful Life Depreciation per year

5years 80.00
5years 60.00
5years 20.00
5years 20.00
5years 40.00
₱ 220.00

Total Per Year

₱ 9,600.00
₱ 24,000.00
₱ 6,000.00
₱ 39,600.00

Total Per Year

₱ 360.00
₱ 120.00
₱ 50.00
₱ 530.00

Total Per Year

₱ 500.00
₱ 480.00
₱ 100.00
₱ 1,080.00

Total Per Year 13th

₱ 127,200.00 10,600.00
₱ 18,000.00
₱ 204,000.00 17,000.00
₱ 27,600.00
₱ 349,200.00
 Production Schedule

2018
Working Days Number of Number of
Month Production per day Production per
month
January 23 300 6,900
February 20 300 6,000
March 22 300 6,600
April 21 300 6,300
May 23 300 6,900
June 21 300 6,300
July 22 300 6,600
August 23 300 6,900
September 20 300 6,000
October 23 300 6,900
November 22 300 6,600
December 21 300 6,300
Total Sales Volume of Production 261 3600 78,300

2019
Production Schedule

Number of Number of
Month Working Days Production per day Production month

January 24 370 8,880

February 20 370 7,400
March 21 370 7,770
April 22 370 8,140
May 23 370 8,510
June 20 370 7,400
July 23 370 8,510
August 22 370 8,140
September 21 370 7,770
October 23 370 8,510
November 21 370 7,770
December 22 370 8,140
Total Sales Volume of Production 262 4440 96,940

2020
Production Schedule
 Number of
Number of
Month Working Days Production per
Production per day month
January 23 430 9,890
February 20 430 8,600
March 22 430 9,460
April 22 430 9,460
May 22 430 9,460
June 22 430 9,460
July 23 430 9,890
August 21 430 9,030
September 22 430 9,460
October 22 430 9,460
November 21 430 9,030
December 23 430 9,890
Total Sales Volume of Production 263 5160 113,090

Production schedule
MONTHLY PRODUCTION OF Es'sancia
Number of Number of
No. of Working
Month Production in Production in
days in 3years 3Years 3years
January 70 1,100 25,670
February 60 1,100 22,000
March 65 1,100 23,830
April 65 1,100 23,900
May 68 1,100 24,870
June 63 1,100 23,160
July 68 1,100 25,000
August 66 1,100 24,070
September 63 1,100 23,230
October 68 1,100 24,870
November 64 1,100 23,400
December 66 1,100 24,330
Total: 786 13,200 288,330
Cost ₱ 5,135,157.30

Projected sale
Number of Number of
No. of Working
Month Production in Production in
days in 3years 3Years 3years
January 70 1,100 25,670
February 60 1,100 22,000
March 65 1,100 23,830
April 65 1,100 23,900
May 68 1,100 24,870
June 63 1,100 23,160
July 68 1,100 25,000
August 66 1,100 24,070
September 63 1,100 23,230
October 68 1,100 24,870
November 64 1,100 23,400
December 66 1,100 24,330
Total: 786 13,200 288,330
Target Sales ₱ 8,073,240.00
 Number of Production

Year 1 Year 2 Year 3

6,900 8,880 9,890

6,000 7,400 8,600
6,600 7,770 9,460
6,300 8,140 9,460
6,900 8,510 9,460
6,300 7,400 9,460
6,600 8,510 9,890
6,900 8,140 9,030
6,000 7,770 9,460
6,900 8,510 9,460
6,600 7,770 9,030
6,300 8,140 9,890
78,300 96,940 113,090 288,330
₱ 1,394,523.00 ₱ 1,726,501.40 ₱ 2,014,132.90

Year 1 Year 2 Year 3

6,900 8,880 9,890

6,000 7,400 8,600
 6,600 7,770 9,460
6,300 8,140 9,460
6,900 8,510 9,460
6,300 7,400 9,460
6,600 8,510 9,890
6,900 8,140 9,030
6,000 7,770 9,460
6,900 8,510 9,460
6,600 7,770 9,030
6,300 8,140 9,890
78,300 96,940 113,090
₱ 2,192,400.00 ₱ 2,714,320.00 ₱ 3,166,520.00
 Cost of Good sold
2018 2019

Cost of Raw Materials Per day ₱ 3,192.00 ₱ 3,936.80

Quantity of Goods produced per Day 300 370

Quantity of Goods produced per Year 78,300 96,940

Unit sold 78,300 96,940

Cost of Goods Produced @17.81 ₱ 1,394,523.00 ₱ 1,726,501.40
Cost of Goods Sold ₱ 1,394,523.00 ₱ 1,726,501.40

Target Sales
Selling Price per pc ₱ 28.00 ₱ 28.00
Sales per day ₱ 8,400.00 ₱ 10,360.00
Sales per year ₱ 2,192,400.00 ₱ 2,714,320.00
Good sold
2020

₱ 4,575.20

430
113,090

113,090 912,912.00
₱ 2,014,132.90
₱ 2,014,132.90

t Sales
₱ 28.00
₱ 12,040.00
₱ 3,166,520.00
 Cost Per Unit of Product Es'sancia
Cost per unit
Ingredients Unit of Measure Cost
measure

Asparagus 750 g 250.00 0.33

Potato 1500 g 50.00 0.03
Ham 1 box(165g) 45.00 0.27
Cheese 1 pack(10 pcs) 52.00 5.20
Egg 4 pcs (152g) 20.00 0.13
Bread Crumbs 200 g 30.00 0.15
Oil 40 ml 50.00 1.25
Packaging 5pcs 35.00 7.00

Unit Cost
Add: Mark Up Cost(59%)
Selling Price

Schedule (2018)
Raw Materials per Day Quantity Price Total

Asparagus 6 250.00 ₱ 1,500.00

Potato 6 50.00 ₱ 300.00
Ham 6 45.00 ₱ 270.00
Cheese 6 52.00 ₱ 312.00
Egg 6 20.00 ₱ 120.00
Breed Crumbs 6 30.00 ₱ 180.00
Oil 6 50.00 ₱ 300.00
Packaging 6 35.00 ₱ 210.00

GRAND TOTAL: ₱ 3,192.00

Schedule (2019)
Raw Materials per Day Quantity Price Total
Asparagus 7.4 250.00 ₱ 1,850.00
Potato 7.4 50.00 ₱ 370.00
Ham 7.4 45.00 ₱ 333.00
Cheese 7.4 52.00 ₱ 384.80
Egg 7.4 20.00 ₱ 148.00
Breed Crumbs 7.4 30.00 ₱ 222.00
Oil 7.4 50.00 ₱ 370.00
Packaging 7.4 35.00 ₱ 259.00

GRAND TOTAL: ₱ 3,936.80

Schedule (2020)
Raw Materials per Day Quantity Price Total

Asparagus 8.6 250.00 ₱ 2,150.00

Potato 8.6 50.00 ₱ 430.00
Ham 8.6 45.00 ₱ 387.00
Cheese 8.6 52.00 ₱ 447.20
Egg 8.6 20.00 ₱ 172.00
Breed Crumbs 8.6 30.00 ₱ 258.00
Oil 8.6 50.00 ₱ 430.00
Packaging 8.6 35.00 ₱ 301.00

GRAND TOTAL: ₱ 4,575.20

t Es'sancia
Quantity of
ingredients per Cost per unit
unit
15 g 4.95
30 g 0.90
3.30 0.89
1pack (1opcs) 2.08
3.04 0.39
4.00 0.60
0.80 1.00
1.00 7.00

17.81
10.51
₱ 28.32 ₱ 28.00
 Profitability Ratios

Break even Point in Units Analysis 2018 2019

Formula: Fixed cost (price) / contribution margin

FIXED COST (PRICE - VARIABLE COST)
FIXED COST 506,200.00 506,200.00
COTIRBUTION MARGIN/UNIT 10.19 10.19
SPU - 28 BPT in UNITS 49,676 49,676
VCU- 17.81
CMU- 10.19
36% BPT in Pesos 1,390,932.29 1,390,932.29

Return on Investment
Net Income 229,173.90 362,133.02
divide by: Investment 500,000.00 500,000.00
ROI 0.46 0.72

Payback Period
Project Costs 1,394,523.00 1,726,501.40
Net Income 229,173.90 362,133.02
Payback Period 6.08 4.77

Net Income to Sales Ratio

Net Income 229,173.90 362,133.02
Sales 2,192,400.00 2,714,320.00
Net Income to Sales Ratio 10% 13%
2020

506,200.00
10.19
49,676 28
17.81
10.19
1,390,932.29

474,407.23
500,000.00
0.95
subject for revision

2,014,132.90
474,407.23
4.25

474,407.23
3,166,520.00
15%