production house

Year Ending December 0

PKR
Financial Model Units Assumption 2020E
Jan-Dec
Inflation Assumption % 10.0%
Operational Days # 365
Operational Months 12
Growth

Photography 500,000
Corporate 1,500,000
Weeding 1,200,000
Tourism 1,200,000
TVC 500,000
Music Videos 180,000
Total Revenue 5,080,000

Corparate Revenue:
Per Corparate rate 50,000
Growth
Unit sold 30
Total Corporate Revenue 1,500,000

Weeding Revenue:
Per Weeding rate 100,000
Growth
Unit sold 12
Total Weeding Revenue 1,200,000

Tourism Revenue:
Per Tourism rate 60,000
Growth
Unit sold 20
Tourism Revenue 1,200,000

TVC Revenue:
Per TVC rate 100,000
Growth
Unit sold 5
Total TVC Revenue 500,000

Music Videos Revenue:

Per Video rate 30,000
Growth
Unit sold 6
Total Music Videos Revenue 180,000

Photography Revenue :
Per Photography Rate 20,000
Growth
Unit sold 25
Total Photography Revenue 500,000

total number sold item 98

total sales oer year 5,080,000
average unit cost 51,837
Total Revenue 5,080,000

Operating Costs
Raw material, cooking & gas:
Costs as % of Selling Price 15%
Direct cost 762,000

Growth

Total Raw material, cooking, gas Expense 762,000

Salary Expenses
helper full time 360,000
Helper part time 180,000
Helper Part time 180000

Total Salaries 720,000

10%
Helper Full time
Monthly Peak Season Salary 30,000
Monthly Off Peak Season Salary 30,000
Growth
Helper (FT) Total Salary 366,000

Helper part time

Monthly Peak Season Salary 15,000
Monthly Off Peak Season Salary 15,000
Growth
Helper (PT) Total Salary 183,000

Helper Part Time Salary

Monthly Peak Season Salary 15,000
Monthly Off Peak Season Salary 15,000
Growth
Helper (PT) Total Salary 183,000

Total Employee Salaries Yearly 732,000

Electricity Expenses:

Fuel for generator PKR/Month

Growth

Grid Electricity Expense PKR/Month 5,000 60,000

Growth
Total Power Expenses 60,000

Transportation:
Transportation fuel - procurement purposes PKR 10,000
Growth

Communication and Internet expenses:

Communication Expense PKR 1,000 12,000
Internet Expense PKR 5,000 60,000
Marketing PKR 10,000 120,000
Communication and Marketing expenses PKR 192,000
Growth

Total House Maintenance PKR 2000 24,000

Growth in repairs and maintenance expenses

Total Repairs and Maintenance expenses PKR Err:511

Rent PKR per month 35000 420,000

0%

Dividends:
Net Income PKR -
Dividends PKR -
Payout Ratio %

Deprecietion & Amortisation expenses:

Depreciation Expense PKR 157,940

Interest Payable PKR

Owner's Debt:
Long Term Debt from owners (Non interest bearing) PKR -
production house
1 2 3 4

2021F 2022F 2023F 2024F

Jan-Dec Jan-Dec Jan-Dec Jan-Dec
10.0% 10.0% 10.0% 10.0%
365 365 365 365
12 12 12 12
51.7% 45.0% 40.7% 37.7%

720,000 1,008,000 1,382,400 1,866,240

2,100,000 2,880,000 3,888,000 5,184,000
1,800,000 2,592,000 3,628,800 4,976,640
1,800,000 2,592,000 3,628,800 4,976,640
960,000 1,584,000 2,419,200 3,525,120
324,000 518,400 777,600 1,119,744
7,704,000 11,174,400 15,724,800 21,648,384

60,000 72,000 86,400 103,680

40.0% 37.1% 35.0% 33.3%
35 40 45 50
2,100,000 2,880,000 3,888,000 5,184,000
17% 14% 13% 11%

120,000 144,000 172,800 207,360

50.0% 44.0% 40.0% 37.1%
15 18 21 24
1,800,000 2,592,000 3,628,800 4,976,640
25% 20% 17% 14%

72,000 86,400 103,680 124,416

50.0% 44.0% 40.0% 37.1%
25 30 35 40
1,800,000 2,592,000 3,628,800 4,976,640
25% 20% 17% 14%

120,000 144,000 172,800 207,360

92.0% 65.0% 52.7% 45.7%
8 11 14 17
960,000 1,584,000 2,419,200 3,525,120
60% 38% 27% 21%

36,000 43,200 51,840 62,208

 80.0% 60.0% 50.0% 44.0%
9 12 15 18
324,000 518,400 777,600 1,119,744
50% 33% 25% 20%

24000 28800 34560 41472

44% 40% 37% 35%
30 35 40 45
720,000 1,008,000 1,382,400 1,866,240
0 0 0 0

122 146 170 194

7,704,000 11,174,400 15,724,800 21,648,384
63,148 76,537 92,499 111,590
7,704,000 11,174,400 15,724,800 21,648,384

15% 15% 15% 15%

1,155,600 1,676,160 2,358,720 3,247,258

51.7% 45.0% 40.7% 37.7%

1,155,600 1,676,160 2,358,720 3,247,258

396,000 435,600 479,160 527,076

198,000 217,800 239,580 263,538
198,000 217,800 239,580 263,538

792,000 871,200 958,320 1,054,152

10% 10% 10% 10%

33,000 36,300 39,930 43,923

33,000 36,300 39,930 43,923
10% 10% 10% 10%
402,600 442,860 487,146 535,861

16,500 18,150 19,965 21,962

16,500 18,150 19,965 21,962
10% 10% 10% 10%
201,300 221,430 243,573 267,930

16,500 18,150 19,965 21,962

 16,500 18,150 19,965 21,962
10% 10% 10% 10%
201,300 221,430 243,573 267,930

805,200 885,720 974,292 1,071,721

66,000 72,600 79,860 87,846

10% 10% 10% 10%
66,000 72,600 79,860 87,846

11,000 12,100 13,310 14,641

10% 10% 10% 10%

12,600 13,230 13,892 14,586

63,000 66,150 69,458 72,930
126,000 132,300 138,915 145,861
201,600 211,680 222,264 233,377
5% 5% 5% 5%

26,400 29,040 31,944 35,138

10% 10% 10% 10%

Err:511 Err:511 Err:511 Err:511

462,000 508,200 559,020 614,922

10% 10% 10% 10%
 - - - -
- - - -

173,734 191,107 210,218 231,240

- - - -
4.109589
GB Hotel
Year Ending December
PKR
Financials 2020F
Income Statement 2020F
Revenue
Corparate 1,500,000
Weddi 1,200,000
Tourism 1,200,000
TVC 500,000
Photography 500,000
Music videos 180,000
Total Revenue 5,080,000
Operating Expenses
Direct Cost 762,000
employe salary expenses 732,000
Electricity Expenses 60,000
Transportation Expenses 10,000
Communication and Marketing expenses 192,000
Rent 420,000
Repairs and Maintenance expenses 24,000
Total Operating Expenses 2,200,000
EBITDA 2,880,000
Depreciation & Amortization 157,940
EBIT 2,722,060

Interest on AP Loan
Net Income 2,722,060

Dividends
Payout Ratio

Balance Sheet 2020F

Non Current Assets
Building structure 36,000
Camera 270,000
lenses 135,000
Ronins 90,000
Drones 180,000
Computr 75,000
Lightining 45,000
MIC 24,000
Total Non Current Assets 855,000

Current Assets
Cash 1,987,060
Studio 80,000
Total Current Assets 2,067,060

Total Assets 2,922,060

Current Liabilities
Accounts Payable -
Interest Payable -
Total Current Liabilities -

Non Current Liabilities

Loan from AP
Long Term Debt (Non interest bearing)
Total Non Current Liabilities -

Total Liabilities -

Equity
Share Capital 200,000
Reserves 2,722,060
Total Equity 2,922,060

Total Liabilities & Equity 2,922,060

Check -
Cashflow Statement 2020F
Net Income 2,722,060
Add: Depreciation 157,940

Changes in Working Capital

Add: Increase in Liabilities -
Less: Increase in Assets (80,000)
CFO 2,800,000

Less: Capex (1,012,940)

Add: Interest on loans -
FCFF 1,787,060

Less: Loan repayments -

Less: Interest paid on loans -
FCFE 1,787,060
Changes in Equity 200,000
Total Cash Flow 1,987,060

Beginning Cash in Bank

Ending Cash in Bank 1,987,060
 2021F 2022F 2023F 2024F
2021F 2022F 2023F 2024F

2,100,000 2,880,000 3,888,000 5,184,000 1,875 5

1,800,000 2,592,000 3,628,800 4,976,640 7,059 19
1,800,000 2,592,000 3,628,800 4,976,640 7,692 21
960,000 1,584,000 2,419,200 3,525,120 5,556 15
720,000 1,008,000 1,382,400 1,866,240
324,000 518,400 777,600 1,119,744 360 1
7,704,000 11,174,400 15,724,800 21,648,384

1,155,600 1,676,160 2,358,720 3,247,258

805,200 885,720 974,292 1,071,721
66,000 72,600 79,860 87,846
11,000 12,100 13,310 14,641
201,600 211,680 222,264 233,377
462,000 508,200 559,020 614,922
26,400 29,040 31,944 35,138
2,727,800 3,395,500 4,239,410 5,304,903
4,976,200 7,778,900 11,485,390 16,343,481
173,734 191,107 210,218 231,240
4,802,466 7,587,793 11,275,172 16,112,241

-
4,802,466 7,587,793 11,275,172 16,112,241

2021F 2022F 2023F 2024F

32,000 28,000 24,000 20,000

240,000 210,000 180,000 150,000
120,000 105,000 90,000 75,000
80,000 70,000 60,000 50,000
160,000 140,000 120,000 100,000
60,000 52,500 45,000 37,500
40,000 35,000 30,000 25,000
18,000 12,000 6,000 -
750,000 652,500 555,000 457,500

6,894,526 14,579,819 25,952,490 42,162,231

80,000 80,000 80,000 80,000
6,974,526 14,659,819 26,032,490 42,242,231

7,724,526 15,312,319 26,587,490 42,699,731

- - - -
 - - - -
- - - -

- - - -

- - - -

200,000 200,000 200,000 200,000

7,524,526 15,112,319 26,387,490 42,499,731
7,724,526 15,312,319 26,587,490 42,699,731

7,724,526 15,312,319 26,587,490 42,699,731

- - - -
2021F 2022F 2023F 2024F
4,802,466 7,587,793 11,275,172 16,112,241
173,734 191,107 210,218 231,240

- - - -
- - - -
4,976,200 7,778,900 11,485,390 16,343,481

(68,734) (93,607) (112,718) (133,740)

- - - -
4,907,466 7,685,293 11,372,672 16,209,741

- - - -
- - - -
4,907,466 7,685,293 11,372,672 16,209,741
- - - -
4,907,466 7,685,293 11,372,672 16,209,741

1,987,060 6,894,526 14,579,819 25,952,490

6,894,526 14,579,819 25,952,490 42,162,231
 Production House
Year Ending December
PKR
Fixed Assets Schedule Opening 2020F 2021F
Gross Fixed Assets Opening - 1,025,000 945,000
Building structure 40,000 40,000
Camera 300,000 300,000
lenses 150,000 150,000
Ronins 100,000 100,000
Drones 200,000 200,000
Computr 75,000 75,000
Lightining 50,000 50,000
MIC 30,000 30,000
Studio 80,000

- -

Addition/Disposal 1,025,000 - -
Building structure 40,000 - -
Camera 300,000 - -
lenses 150,000 - -
Ronins 100,000 - -
Drones 200,000 - -
Computr 75,000 - -
Lightining 50,000 - -
MIC 30,000 - -
Studio 80,000 - -
- -
- -
- -

Gross Fixed Asset Ending 1,025,000 945,000

Building structure 40,000 40,000 40,000
Camera 300,000 300,000 300,000
lenses 150,000 150,000 150,000
Ronins 100,000 100,000 100,000
Drones 200,000 200,000 200,000
Computr 75,000 75,000 75,000
Lightining 50,000 50,000 50,000
MIC 30,000 30,000 30,000
Studio 80,000 80,000 -
- - -
- - -
- - -

Depreciation charge for the year - (97,500) (97,500)

Building structure - (4,000) (4,000)
Camera - (30,000) (30,000)
lenses - (15,000) (15,000)
Ronins - (10,000) (10,000)
Drones - (20,000) (20,000)
Computr - (7,500) (7,500)
Lightining - (5,000) (5,000)
MIC - (6,000) (6,000)
Studio -
-
-
-

Accumulated Depreciation (97,500) (195,000)

Building structure - (4,000) (8,000)
Camera - (30,000) (60,000)
lenses - (15,000) (30,000)
Ronins - (10,000) (20,000)
Drones - (20,000) (40,000)
Computr - (7,500) (15,000)
Lightining - (5,000) (10,000)
MIC - (6,000) (12,000)
Studio - - -
- - -
- - -
- - -

Net Fixed Assets 927,500 750,000

Building structure 40,000 36,000 32,000
Camera 300,000 270,000 240,000
lenses 150,000 135,000 120,000
Ronins 100,000 90,000 80,000
Drones 200,000 180,000 160,000
Computr 75,000 67,500 60,000
Lightining 50,000 45,000 40,000
MIC 30,000 24,000 18,000
Studio 80,000 80,000 -
- - -
- - -
- - -

Useful lives
Building structure Years 10
Camera Years 10
lenses Years 10
Ronins Years 10
Drones Years 10
Computr Years 10
Lightining Years 10
MIC Years 5
Studio years 5
 2022F 2023F 2024F
945,000 945,000 945,000
40,000 40,000 40,000
300,000 300,000 300,000
150,000 150,000 150,000
100,000 100,000 100,000
200,000 200,000 200,000
75,000 75,000 75,000
50,000 50,000 50,000
30,000 30,000 30,000

- - -
- - -
- - -
- - -
- - -
- -
- - -
- - -
- - -
- - -
- - -
- - -
- - -

945,000 945,000 945,000

40,000 40,000 40,000
300,000 300,000 300,000
150,000 150,000 150,000
100,000 100,000 100,000
200,000 200,000 200,000
75,000 75,000 75,000
50,000 50,000 50,000
30,000 30,000 30,000
- - -
- - -
- - -
- - -

(97,500) (97,500) (97,500)

(4,000) (4,000) (4,000)
(30,000) (30,000) (30,000)
(15,000) (15,000) (15,000)
(10,000) (10,000) (10,000)
(20,000) (20,000) (20,000)
(7,500) (7,500) (7,500)
 (5,000) (5,000) (5,000)
(6,000) (6,000) (6,000)

(292,500) (390,000) (487,500)

(12,000) (16,000) (20,000)
(90,000) (120,000) (150,000)
(45,000) (60,000) (75,000)
(30,000) (40,000) (50,000)
(60,000) (80,000) (100,000)
(22,500) (30,000) (37,500)
(15,000) (20,000) (25,000)
(18,000) (24,000) (30,000)
- - -
- - -
- - -
- - -

652,500 555,000 457,500

28,000 24,000 20,000
210,000 180,000 150,000
105,000 90,000 75,000
70,000 60,000 50,000
140,000 120,000 100,000
52,500 45,000 37,500
35,000 30,000 25,000
12,000 6,000 -
- - -
- - -
- - -
- - -
 Production House

Investment PKR
Building structure 40,000
Camera 300,000
lenses 150,000
Ronins 100,000
Drones 200,000
Computr 75,000
Lightining 50,000
MIC 30,000
Studio 80,000
Total 1,025,000

Backup Capital** 175,000

Total Investment 1,200,000

Financed by PKR
Hasil Mohd 200,000
Syed Wazir 1,000,000
Total Investment 1,200,000

**Backup Capital will be used in security of the land, Salaries and different Expenses
Production House
Year Ending April
PKR
Ratios Units 2020F 2021F 2022F
Turnover
ROA % 93% 62% 50%
ROE % 93% 62% 50%
-- Net Margin % 54% 62% 68%
-- Total Asset Turnover times 1.7 1.0 0.7
-- Gearing times - - -

Liquidity
Current Ratio Ratio
Cash Conversion Cycle Days - - -

Solvency
Debt to Asset Ratio % 0% 0% 0%
Debt to Equity Ratio % 0% 0% 0%

Profitability
EBITDA Margin % 57% 65% 70%
Net Margin % 54% 62% 68%

Growth
Turnover Growth % - 52% 45%
EBITDA Growth % - 73% 56%
Net Profit Growth % - 76% 58%
2023F 2024F

42% 38%
42% 38%
72% 74%
0.6 0.5
- -

- -

0% 0%
0% 0%

73% 75%
72% 74%

41% 38%
48% 42%
49% 43%
FINANCIAL SNAPSHOT
Unit 2020F 2021F 2022F 2023F
Revenue PKR 9,436,272 11,323,526 13,588,232 16,305,878
EBITDA PKR 0 0 0 0
Net Income PKR 0 0 0 0
FCFF PKR 1,687,496 3,490,068 4,361,186 5,373,922
FCFE PKR 1,687,496 2,630,068 3,554,519 4,533,922
Total Assets PKR 4,534,896 5,385,708 6,399,590 7,569,366
Total Liabilities PKR 2,000,000 1,600,000 1,200,000 800,000
Total Equity PKR 6,534,896 6,985,708 7,599,590 8,369,366
Debt to Asset Ratio % 44% 30% 19% 11%
EBITDA Margin % 32% 34% 35% 36%
Net Margin % 30% 32% 33% 34%
ROA % 63% 72% 76% 79%
ROE % 120% 119% 102% 93%
Turnover Growth % - 20% 20% 20%
EBITDA Growth % - 25% 25% 24%
Net Profit Growth % - 26% 25% 23%

INCOME STATEMENT
Figures in PKR 2020F 2021F 2022F 2023F 2024F
Pizza 3,504,000 4,204,800 5,045,760 6,054,912 7,265,894
Burgers 1,116,900 1,340,280 1,608,336 1,930,003 2,316,004
Ice creams /Shakes /Fries 1,639,872 1,967,846 2,361,416 2,833,699 3,400,439

Total Revenue 9,436,272 11,323,526 13,588,232 16,305,878 19,567,054

Operating Expenses
Salaries 768,000 844,800 929,280 1,022,208 1,124,429
Rent 300,000 330,000 363,000 399,300 439,230

Travel, transportation &

communication 60,000 66,000 72,600 79,860 87,846

Marketing & Selling Expenses 175,000 192,500 211,750 232,925 256,218

Repair and maintenance 320,000 352,000 387,200 425,920 468,512
Auditor and legal fees 10,000 10,000 10,000 10,000 10,000
Other Operating expense 50,000 60,000 65,000 70,000 80,000

Total Operating Expenses 1,683,000 1,855,300 2,038,830 2,240,213 2,466,234

EBITDA* 3,035,136 3,806,463 4,755,286 5,912,726 7,317,293

Net Income – Earning before

Tax 2,845,196 3,577,038 4,460,053 5,485,876 6,495,593
Tax 0 0 0 0 0

EBITDA 0 0 0 0 0
EBITDA margin 32% 34% 35% 36% 37%

0 0 0 0 0 0
Net margin 30% 32% 33% 34% 33%

Dividends 0 0 0 0 -
Payout ratio 284519600% 357703800% 446005300% 548587600% 649559300%

BALANCE SHEET
Figures in PKR 2020F 2021F 2022F 2023F 2024F
Non-Current Assets
Total Non-Current Assets 400,000 400,000 400,000 400,000 400,000
Current Assets
Cash and bank balances 4,534,896 5,385,708 6,399,590 7,569,366 8,737,432
Total Current Assets 0 0 0 0 0
Total Assets

Share capital
Retained Earnings
Total Equity

Long Term Debt (Non interest

bearing)
Total Long-term Liabilities
Total Liabilities
Total Liabilities & Equity

CASH FLOW
Figures in PKR 2018E 2019F 2020F 2021F 2022F
Net Income 2,845,196 3,577,038 4,460,053 5,485,876 6,495,593
Add: Depreciation 157,940 197,425 263,233 394,850 789,700
Working capital changes
Change in WC Liabilities (1,347,640.0) _ _ _ _
Change in WC Assets _ _ _ _ _
CFO 3,003,136 3,774,463 4,723,286 5,880,726 7,285,293
Less: Capex Err:509 (316,395) (394,100) (538,804) (948,049)
Add: Interest on loans 32,000.00 32,000.00 32,000.00 32,000.00 32,000.00
FCFF 1,687,496 3,490,068 4,361,186 5,373,922 6,369,244
Add: Increase in net debt 0 860000 806,667 7 53,333 0
Less: Loan interest paid - 193,333 140,000 86,667 -
FCFE 1,687,496 2,630,068 3,554,519 4,533,922 6,369,244
Changes in Equity 3,245,196 - - - 7,295,593
Total Cash Flow 4,932,692 2,630,068 3,554,519 4,533,922 13,664,837
Beginning Cash in Bank - 5,260,136 7,109,038 9,067,844 27,329,673
Ending Cash in Bank 4,932,692 7,890,205 10,663,557 13,601,766 40,994,510
 2024F
19,567,054
0
0
6,369,244
6,369,244
8,737,432
400,000
9,137,432
5%
37%
33%
80%
87%
20%
24%
18%