Buko Touch

Projected Income Statement

For the year ended December 31

Note YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Sales 533,520.00 533,520.00 552,240.00 570,960.00 533,520.00

Less: Cost of Sales

Beg., Inv. - 12,648.41 19,416.82 15,678.80 13,663.77

Purchases 240,641.76 234,761.76 232,944.24 243,021.48 230,489.76

End., Inv. 12,648.41 19,416.82 15,678.80 13,663.77 13,705.96

Total Cost of Sales 227,993.35 227,993.34 236,682.26 245,036.51 230,447.58

Gross Profit 305,526.65 305,526.66 315,557.74 325,923.49 303,072.42

Less: Operating Expenses

Rent Expense 96,768.00 96,768.00 96,768.00 96,768.00 96,768.00

Salaries Expense 128,440.00 128,440.00 128,440.00 128,440.00 128,440.00

Supplies Expense 1,835.70 360.00 360.00 360.00 360.00

Depreciation 2,576.67 2,576.67 2,576.67 2,576.67 2,576.67

Permits & Licenses 2,722.00 500.00 500.00 500.00 500.00

Utilities Expense 3,355.54 3,355.54 3,479.82 3,604.10 3,355.54

Food Stall Expense 7,500.00 - - - -

Repair and Maintenance 1,500.00 1,500.00 750.00 750.00 1,500.00

13month Pay 10,703.33 10,703.33 10,703.33 10,703.33 10,703.33

Pag-ibig 1,600.00 1,600.00 1,600.00 1,600.00 1,600.00

Philhealth 1,600.00 1,600.00 1,600.00 1,600.00 1,600.00

SSS 4,723.60 4,723.60 4,723.60 4,723.60 4,723.60

Total Expenses 263,324.84 252,127.14 251,501.42 251,625.70 252,127.14

Net Income before Tax 42,201.80 53,399.51 64,056.32 74,297.79 50,945.28

Less: Percentage Tax (3%) 16,005.60 16,005.60 16,567.20 17,128.80 16,005.60

Net Income after Tax 26,196.20 37,393.91 47,489.12 57,168.99 34,939.68

 Buko Touch
Projected Balance Sheet
For the year ended December 31

Year 1 Year 2 Year 3 Year 4 Year 5

Current Asset

Cash 91,352.21 124,554.37 177,839.78 236,662.06 271,933.03

Inventory 12,648.41 19,416.82 15,678.80 13,663.77 13,705.96

Total Current Assets 104,000.61 143,971.19 193,518.58 250,325.84 285,638.99

Equipment 10,280.00 9,200.00 6,780.00 9,200.00 6,780.00

Less: Accumulated
Depreciation (2,576.67) (4,073.33) (3,150.00) (4,646.67) (3,723.33)

Total Noncurrent Asset 7,703.33 5,126.67 3,630.00 4,553.33 3,056.67

Total Assets 111,703.95 149,097.86 197,148.58 254,879.17 288,695.65

Current Liabilities

Percentage Tax Payable 16,005.60 16,005.60 16,567.20 17,128.80 16,005.60

Total Liabilities 16,005.60 16,005.60 16,567.20 17,128.80 16,005.60

Owner's Equity

Capital 95,698.35 133,092.26 180,581.38 237,750.37 272,690.05

Total Liabilities and Owner's

Equity 111,703.95 149,097.86 197,148.58 254,879.17 288,695.65
 Buko Touch
Projected Cash Flows
For the year ended December 31

Year 1 Year 2 Year 3 Year 4 Year 5

Cash Flow from

Operating Activities

Cash received from sales 533,520.00 533,520.00 552,240.00 570,960.00 533,520.00

Payments to supplier (240,641.76) (234,761.76) (232,944.24) (243,021.48) (230,489.76)

Payment for utilities (3,355.54) (3,355.54) (3,479.82) (3,604.10) (3,355.54)

Payments to employees (136,363.60) (136,363.60) (136,363.60) (136,363.60) (136,363.60)

Payments for Permits &

Licenses (2,722.00) (500.00) (500.00) (500.00) (500.00)

Payments for Rentals (96,768.00) (96,768.00) (96,768.00) (96,768.00) (96,768.00)

Payment for Supplies (1,835.70) (360.00) (360.00) (360.00) (360.00)

Payment for Food Stall (7,500.00)

Payment for Repairs and

Maintenance (1,500.00) (1,500.00) (750.00) (750.00) (1,500.00)

Payment for 13th Month

Pay (10,703.33) (10,703.33) (10,703.33) (10,703.33) (10,703.33)

Payment for Percentage

Tax (16,005.60) (16,005.60) (16,567.20) (17,128.80)

Net Cash Provided by(

Used in) Operating
Activities 32,130.06 33,202.16 54,365.41 62,322.29 36,350.96
Cash Flow from Investing
Activities

Purchase of Equipment (10,280.00) (1,080.00) (3,500.00) (1,080.00)

Net Cash Provided by(

Used in) Investing
Activities (10,280.00) - (1,080.00) (3,500.00) (1,080.00)

Cash Flow from Financing

Activities

Cash received from

Investment 69,502.14 - - - -

Net Cash Provided by(

Used in) Financing
Activities 69,502.14 - - - -

Net Increase (Decrease)

in Cash 91,352.21 33,202.16 53,285.41 58,822.29 35,270.96

Cash Balance, Beg. - 91,352.21 124,554.37 177,839.78 236,662.06

Cash Balance, End 91,352.21 124,554.37 177,839.78 236,662.06 271,933.03

 Buko Touch
Projected Changes in Equity
For the year ended December 31

Year 1 Year 2 Year 3 Year 4 Year 5

Beg., Capital 69,502.14 95,698.35 133,092.26 180,581.38 237,750.37

Add: Net Income 26,196.20 37,393.91 47,489.12 57,168.99 34,939.68

End., Capital
Balance 95,698.35 133,092.26 180,581.38 237,750.37 272,690.05
 Profitability Ratio: Return on Revenue

Year 1 Year 2 Year 3 Year 4 Year 5

Net Income 26,196.20 37,393.91 47,489.12 57,168.99 34,939.68
divided by:
Revenue 533,520.00 533,520.00 552,240.00 570,960.00 533,520.00
Net Income
Percentage 0.05 0.07 0.09 0.10 0.07

Profitability Ratio: Return on Investment

Year 1 Year 2 Year 3 Year 4 Year 5

Net Income 26,196.20 37,393.91 47,489.12 57,168.99 34,939.68
divided by:
Average
Investment 111,703.95 149,097.86 197,148.58 254,879.17 288,695.65
Return on
Investment 0.23 0.25 0.24 0.22 0.12

Liquidity Ratio: Quick Ratio

Year 1 Year 2 Year 3 Year 4 Year 5

Current Assets
(Excluding
Inventory) 91,352.21 124,554.37 177,839.78 236,662.06 271,933.03
divided by:
Current
Liabilities 16,005.60 16,005.60 16,567.20 17,128.80 16,005.60

Quick Ratio 5.71 7.78 10.73 13.82 16.99

Solvency Ratio: Equity Ratio

Year 1 Year 2 Year 3 Year 4 Year 5

Total Equity 95,698.35 133,092.26 180,581.38 237,750.37 272,690.05
divided by:
Total Assets 111,703.95 149,097.86 197,148.58 254,879.17 288,695.65

Equtiy Ratio 0.86 0.89 0.92 0.93 0.94

 Payback Period
Year 1 Year 2 Year 3 Year 4 Year 5
Cost of
Investment 69,502.14 - - - -
divided by: Net
Cash Flows 91,352.21 - - - -

0.76
Payback Period or 9 months
and 12 days
- - - -