PROFIT & LOSS STATEMENT

O' LITES RESTAURANT

Projected Income Statement (Rs.) Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

Revenue 39,271,099 45,161,764 51,936,029 59,726,433 68,685,398 78,988,208 90,836,439

Net Sales 39,271,099 45,161,764 51,936,029 59,726,433 68,685,398 78,988,208 90,836,439

Raw Material Cost 35,285,556 38,814,112 42,695,523 46,965,075 51,661,583 56,827,741 62,510,515
Salary Cost 1,176,000 1,293,600 1,422,960 1,565,256 1,893,960 2,291,692 2,520,861
Utility Cost 588,000 646,800 711,480 782,628 860,891 946,980 1,041,678
Cost of Sales 37,049,556 40,754,512 44,829,963 49,312,959 54,416,434 60,066,413 66,073,054
Gross Profit 2,221,543 4,407,252 7,106,066 10,413,474 14,268,964 18,921,795 24,763,385

General Administrative and Selling Expenses

Insurance Expense 120,000 120,000 120,000 120,000 120,000 120,000 120,000
Office & Miscellaneous Expense 72,000 79,200 87,120 95,832 105,415 115,967 127,563
Advertising Expense 300,000 330,000 363,000 399,300 439,230 483,153 531,468
Amortization Expense 40,000 40,000 40,000 40,000 40,000 0 0
Depreciation Expense 838,100 754,290 678,861 610,975 549,877 494,890 445,401
Maintenance Expense 20,953 18,857 16,972 15,274 13,747 12,372 11,135
Sub Total 1,391,053 1,342,347 1,305,953 1,281,381 1,268,269 1,226,382 1,235,567
Operating Income 830,491 3,064,905 5,800,113 9,132,093 13,000,695 17,695,413 23,527,818

Financial Charges 1,634,729 1,634,729 1,634,729 1,634,729 1,634,729 0 0

Earning Before Taxes (804,239) 1,430,176 4,165,384 7,497,364 11,365,966 17,695,413 23,527,818

Tax (144,763) 257,432 749,769 1,349,525 2,045,874 3,185,174 4,235,007

Net Profit (659,476) 1,172,744 3,415,615 6,147,838 9,320,092 14,510,238 19,292,811

 CASH FLOW STATEMENT
O' LITES RESTAURANT
Projected Statement of Cash Flows (Rs.) Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

Cash Flow from Operating Activities

Net Profit 0 (659,476) 1,172,744 3,415,615 6,147,838 9,320,092 14,510,238 19,292,811

Add: Depreciation Expense 0 838,100 754,290 678,861 610,975 549,877 494,890 445,401
Amortization Expense 0 40,000 40,000 40,000 40,000 40,000 0 0

Net Cash Flow from Operations 0 218,624 1,967,034 4,134,476 6,798,813 9,909,969 15,005,128 19,738,212

Cash Flow from Financing Activities

Receipt of Long Term Debt 7,709,600

Repayment of Long Term Debt (901,674) (1,267,360) (1,541,920) (1,816,480) (2,182,166) 0 0
Owner's Equity 1,824,400

Net Cash Flow from Financing Activities 9,534,000 (922,052) (1,439,620) (1,942,120) (2,439,620) (2,872,188) 0 0

Cash Flow from Investing Activities

Construction Cost (3,032,000)

Furniture and Fixtures (487,000)
Machinery & Equipment (4,862,000)
Preliminary Expenses (200,000)

Net Cash Flow from Investing Activities (8,581,000) 0 0 0 0 0 0 0

Net Cash Flow 953,000 (703,428) 527,414 2,192,356 4,359,193 7,037,781 15,401,314 20,174,015

Cash at the Beginning of the Period 0 953,000 249,572 776,986 2,969,342 7,328,535 14,366,316 29,767,630
 BALANCE SHEET
O' LITES RESTAURANT
Projected Balance Sheet (Rs.) Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

Assets
Current Assets
Cash & Bank Balance 953,000 249,572 776,986 2,969,342 7,328,535 14,366,316 29,767,630 49,941,645
Inventory 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000
Total Current Assets 2,153,000 1,449,572 1,976,986 4,169,342 8,528,535 15,566,316 30,967,630 51,141,645

Fixed Assets
Machinery & Equipment 4,862,000 4,375,800 3,938,220 3,544,398 3,189,958 2,870,962 2,583,866 2,325,479
Premises 3,032,000 2,728,800 2,455,920 2,210,328 1,989,295 1,790,365 1,611,328 1,450,195
Furniture & Fixtures 487,000 438,300 394,470 355,023 319,521 287,569 258,812 232,931
Total Fixed Assets 8,381,000 7,542,900 6,788,610 6,109,749 5,498,774 4,948,896 4,454,006 4,008,605

Preliminary Expenses 200,000 160,000 120,000 80,000 40,000 0 0 0

Total Assets 10,734,000 9,152,472 8,885,596 10,359,091 14,067,309 20,515,212 35,421,636 55,150,250

Owner's Equity
Maaz Raza's Equity 530,682 30,704 450,778 1,135,991 2,971,286 5,128,803 8,855,409 13,787,563
Azhar Ali's Equity 530,682 30,704 450,778 1,135,991 2,971,286 5,128,803 8,855,409 13,787,563
Noor ul ain Akhtar's Equity 530,682 30,704 450,778 1,135,991 2,971,286 5,128,803 8,855,409 13,787,563
Shamama's Equity 530,682 30,704 450,778 1,135,991 2,971,286 5,128,803 8,855,409 13,787,563
Total Owner's Equity 2,122,726 122,814 1,803,110 4,543,965 11,885,143 20,515,212 35,421,636 55,150,250

Current Liability
Current Portion of Long Term Liability 901,674 1,267,360 1,541,920 1,816,480 0 0 0 0
Total Current Liability 901,674 1,267,360 1,541,920 1,816,480 0 0 0 0

Long Term Liability 7,709,600 6,807,926 5,540,566 3,998,646 2,182,166 0 0 0

Total Liabilities 8,611,274 8,075,286 7,082,486 5,815,126 2,182,166 0 0 0

Total Equity & Liabilities 10,734,000 9,152,472 8,885,596 10,359,091 14,067,309 20,515,212 35,421,636 55,150,250
 PROFIT & LOSS STATEMENT MONTHLY FOR YEAR 1
O' LITES RESTAURANT
Projected Income Statement (Rs.) 1st Month 2nd Month 3rd Month 4th Month 5th Month 6th Month 7th Month 8th Month 9th Month 10th Month 11th Month

Revenue 4,015,436 3,626,846 4,015,436 3,436,674 2,905,906 2,467,371 2,549,617 2,785,982 2,721,912 3,016,157 3,574,584

Net Sales 4,015,436 3,626,846 4,015,436 3,436,674 2,905,906 2,467,371 2,549,617 2,785,982 2,721,912 3,016,157 3,574,584
Raw Material Cost 2,940,263 2,940,263 2,940,263 2,940,263 2,940,263 2,940,263 2,940,263 2,940,263 2,940,263 2,940,263 2,940,263
Salary Cost 98,000 98,000 98,000 98,000 98,000 98,000 98,000 98,000 98,000 98,000 98,000
Utility Cost 49,000 49,000 49,000 49,000 49,000 49,000 49,000 49,000 49,000 49,000 49,000
Cost of Sales 3,087,263 3,087,263 3,087,263 3,087,263 3,087,263 3,087,263 3,087,263 3,087,263 3,087,263 3,087,263 3,087,263
Gross Profit 928,173 539,583 928,173 349,411 (181,357) (619,892) (537,646) (301,281) (365,351) (71,106) 487,321

General Administrative &

Selling Expenses
Insurance Expense 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
Office & Miscellaneous Expense 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000
Advertising Expense 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
Amortization Expense 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333
Depreciation Expense 69,842 69,842 69,842 69,842 69,842 69,842 69,842 69,842 69,842 69,842 69,842
Maintenance Expense 1,746 1,746 1,746 1,746 1,746 1,746 1,746 1,746 1,746 1,746 1,746
Sub Total 115,921 115,921 115,921 115,921 115,921 115,921 115,921 115,921 115,921 115,921 115,921
Operating Income 812,252 423,662 812,252 233,490 (297,278) (735,813) (653,567) (417,202) (481,272) (187,027) 371,400

Financial Charges 136,227 136,227 136,227 136,227 136,227 136,227 136,227 136,227 136,227 136,227 136,227

Earning Before Taxes 676,025 287,435 676,025 97,263 (433,505) (872,040) (789,794) (553,429) (617,499) (323,254) 235,173

Tax 121,685 51,738 121,685 17,507 (78,031) (156,967) (142,163) (99,617) (111,150) (58,186) 42,331

Net Profit 554,341 235,697 554,341 79,756 (355,474) (715,073) (647,631) (453,812) (506,349) (265,068) 192,842
EMENT MONTHLY FOR YEAR 1
ES RESTAURANT
12th Month

4,155,178

4,155,178
2,940,263
98,000
49,000
3,087,263
1,067,915

10,000
6,000
25,000
3,333
69,842
1,746
115,921
951,994

136,227

815,767

146,838

668,929
 CASH FLOW STATEMENT MONTHLY FOR YEAR 1
O' LITES RESTAURANT
Projected Statement of 0 Month 1st Month 2nd Month 3rd Month 4th Month 5th Month 6th Month 7th Month 8th Month 9th Month 10th Month 11th Month 12th Month
Cash Flows (Rs.)

Cash Flow from

Operating Activities

Net Profit 0 554,341 235,697 554,341 79,756 (355,474) (715,073) (647,631) (456,812) (506,349) (265,068) 192,842 668,929
Add: Depreciation Expense 0 69,842 69,842 69,842 69,842 69,842 69,842 69,842 69,842 69,842 69,842 69,842 69,842
Amortization Expense 0 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333

Net Cash Flow 0 627,516 308,872 627,516 152,931 (282,299) (641,898) (574,456) (383,637) (433,174) (191,893) 266,017 742,104
from Operations

Cash Flow from

Financing Activities

Receipt of Long Term Debt 7,709,600 0 0 0 0 0 0 0 0 0 0 0 0

Repay. of LTD 0 0 0 0 0 0 0 0 0 0 0
Owner's Equity 1,824,400

Net Cash Flow from 9,534,000 0 0 0 0 0 0 0 0 0 0 0 0

Financing Activities

Cash Flow from

Investing Activities

Construction Cost (3,032,000)

Furniture and Fixtures (487,000)
Machinery & Equipment (4,862,000)
Preliminary Expenses (200,000)

Net Cash Flow from (8,581,000) 0 0 0 0 0 0 0 0 0 0 0 0

Investing Activities

Net Cash Flow 953,000 627,516 308,872 627,516 152,931 (282,299) (641,898) (574,456) (383,637) (433,174) (191,893) 266,017 742,104

Cash at the Beginning

of the Period 0 953,000 1,580,516 1,889,388 2,516,904 2,669,835 2,387,536 1,745,638 1,171,182 787,545 354,371 162,478 428,495
 BALANCE SHEET MONTHLY FOR YEAR 1
O' LITES RESTAURANT
Proj. BS (Rs.) 0 Month 1st Month 2nd Month 3rd Month 4th Month 5th Month 6th Month 7th Month 8th Month 9th Month 10th Month 11th Month 12th Month

Assets
Current Assets
C& B Balance 953,000 1,580,516 1,889,388 2,516,904 2,669,835 2,387,536 1,745,638 1,171,182 787,545 354,371 162,478 428,495 1,170,599
Inventory 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
Total CA 1,053,000 1,680,516 1,989,388 2,616,904 2,769,835 2,487,536 1,845,638 1,271,182 887,545 454,371 262,478 528,495 1,270,599

Fixed Assets
M&E 4,862,000 4,821,483 4,780,966 4,740,449 4,699,932 4,659,415 4,618,898 4,578,381 4,537,864 4,497,347 4,456,830 4,416,313 4,375,796
Premises 3,032,000 3,006,733 2,981,466 2,956,199 2,930,932 2,905,665 2,880,398 2,855,131 2,829,864 2,804,597 2,779,330 2,754,063 2,728,796
F& F 487,000 482,942 478,884 474,826 470,768 466,710 462,652 458,594 454,536 450,478 446,420 442,362 438,304
Total FA 8,381,000 8,311,158 8,241,316 8,171,474 8,101,632 8,031,790 7,961,948 7,892,106 7,822,264 7,752,422 7,682,580 7,612,738 7,542,896

PE 200,000 196,667 193,334 190,001 186,668 183,335 180,002 176,669 173,336 170,003 166,670 163,337 160,004

Total Assets 9,634,000 10,188,341 10,424,038 10,978,379 11,058,135 10,702,661 9,987,588 9,339,957 8,883,145 8,376,796 8,111,728 8,304,570 8,973,499

Owner's Equity
Maaz's Equity 473,482 2,298,532 2,357,456 2,496,041 2,515,980 2,427,112 2,248,344 2,086,436 1,972,233 1,845,646 1,779,379 1,827,589 1,994,821
Azhar's Equity 473,482 2,298,532 2,357,456 2,496,041 2,515,980 2,427,112 2,248,344 2,086,436 1,972,233 1,845,646 1,779,379 1,827,589 1,994,821
Noor's Equity 473,482 2,298,532 2,357,456 2,496,041 2,515,980 2,427,112 2,248,344 2,086,436 1,972,233 1,845,646 1,779,379 1,827,589 1,994,821
Shama's Equity 473,482 2,298,532 2,357,456 2,496,041 2,515,980 2,427,112 2,248,344 2,086,436 1,972,233 1,845,646 1,779,379 1,827,589 1,994,821
Total OE 1,893,926 9,194,127 9,429,824 9,984,165 10,063,921 9,708,447 8,993,374 8,345,743 7,888,931 7,382,582 7,117,514 7,310,356 7,979,285

Current Liability
CP of LTL 30,474 30,474 30,474 30,474 30,474 30,474 30,474 30,474 30,474 30,474 30,474 30,474 30,474
Total CL 30,474 30,474 30,474 30,474 30,474 30,474 30,474 30,474 30,474 30,474 30,474 30,474 30,474

L T Liability 7,709,600 963,740 963,740 963,740 963,740 963,740 963,740 963,740 963,740 963,740 963,740 963,740 963,740

Total Liabilities 7,740,074 994,214 994,214 994,214 994,214 994,214 994,214 994,214 994,214 994,214 994,214 994,214 994,214

Total E & L 9,634,000 10,188,341 10,424,038 10,978,379 11,058,135 10,702,661 9,987,588 9,339,957 8,883,145 8,376,796 8,111,728 8,304,570 8,973,499