ASSETS 2021 2022

Cash 17,948,346 18,867,542

Supplies 52,500 55,125
Merchandise Inventory 162,363 184,136
Total Current Assets 18,163,209 19,106,803

Land 15,000,000 15,000,000

Building, net 4,840,000 4,680,000
Office Equipment, net 30,800 23,100
Furnitures and Fixtures 47,292 37,834
Total Non-Current Assets 19,918,092 19,740,934

TOTAL ASSETS 38,081,301 38,847,737

LIABILITIES AND OWNER'S EQUITY

SSS Premiun Payable 12,143 12,143
PhilHealth Premium Payable 2,748 2,748
HDMF Premium Payable 3,007 3,007
Income Tax Payable 227,296 295,879
Utilities Payable 5,750 5,923
TOTAL LIABILITIES 250,944 319,700

Bangga, Capital 16,082,589 16,200,185

Deza, Capital 8,082,589 8,200,185
Ellorimo, Capital 8,082,589 8,200,185
Marquez, Capital 8,082,589 8,200,185
TOTAL CAPITAL 40,330,356 40,800,740

TOTAL LIABILITIES AND OWNER'S EQUITY 40,581,300 41,120,440

2023 2024 2025
20,209,178 21,668,408 23,834,408
57,881 60,775 63,814
209,033 236,622 259,386
20,476,092 21,965,805 24,157,608

15,000,000 15,000,000 15,000,000

4,520,000 4,360,000 4,200,000
15,400 7,700 0
28,376 18,918 9,460
19,563,776 19,386,618 19,209,460

40,039,868 41,352,423 43,367,068

12,143 12,143 12,143

2,748 2,748 2,748
3,007 3,007 3,007
430,186 473,572 691,991
6,100 6,283 6,472
454,184 497,753 716,361

16,390,627 16,600,327 16,930,784

8,390,627 8,600,327 8,930,783
8,390,627 8,600,327 8,930,783
8,390,627 8,600,327 8,930,783
41,562,508 42,401,308 43,723,133

42,016,692 42,899,061 44,439,494

 HealTea Company
Projected Statement of Cashflows
for year ending December 31, 2021 to 2025
2021 2022 2023 2024
Cashflows from operating activities
Net Income 530,357 690,384 1,003,768 1,105,000
Add: Depreciation expense 177,158 177,158 177,158 177,158
Less: Increase in Supplies
Supplies (52,500) (2,625) (2,756) (2,894)
Merchandise Inventory (162,363) (21,773) (24,897) (27,589)
Add: Increase in
SSS Premium Payable 12,143 - - -
PhilHealth Premium Payable 2,748 - - -
HDMF Premium Payable 3,007 - - -
Income Tax Payable 227,296 295,879 430,186 473,572
Utilities Payable 5,750 173 177 183
Net Cash Flow from Operating activities 743,596 1,139,196 1,583,636 1,725,430

Cashflow from Investing activities

Purchase of office equipment (38,500) - - -
Purchase of furniture and fixture (56,750) - - -
Net Cash Flow from Investing activities (95,250) - - -

Cash Flows from financing activities

Cash Investments 17,500,000 - - -
Cash Withdrawals (200,000) (220,000) (242,000) (266,200)
Net Cashflowsfrom Financing activities 17,300,000 (220,000) (242,000) (266,200)

Net Increase/(Decrease) in Cash 17,948,346 919,196 1,341,636 1,459,230

Add: Cash, beginning - 17,948,346 18,867,542 20,209,178
Cash, end 17,948,346 18,867,542 20,209,178 21,668,408
 2025

1,614,646
177,158

(3,039)
(22,764)

-
-
-
691,991
189
2,458,181

-
-
-

-
(292,820)
(292,280)

2,165,901
21,668,408
23,834,309