UNITECH FILTER

Statement of Financial Performance (Income Statement)

For the Years Ended December 31, 2016-2020

Notes 2016 2017 2018 2019

Gross Sales 1 8,845,200.00 9,287,160.00 9,751,890.00 10,239,930.00
Less: Cost of Goods Sold 2 4,005,288.00 4,205,402.40 4,415,860.02 4,636,879.17
Net Sales 4,839,912.00 5,081,757.60 5,336,029.98 5,603,050.83

Less: Expenses
Organizational Cost 3 9,020.00 - - -
Office Supplies Expense 4 4,927.00 5,173.35 5,419.70 5,666.05
Medical Supplies Expense 5 2,060.00 2,163.00 2,266.00 2,369.00
Sanitary Tools Expense 6 2,870.00 3,013.50 3,157.00 3,300.50
Advertising & Promotions Expense 7 27,000.00 27,000.00 27,000.00 27,000.00
Rent Expense 8 180,000.00 180,000.00 180,000.00 180,000.00
Utilities Expense 9 36,000.00 37,800.00 39,690.00 41,674.50
Depreciation - Office Equipments and Furniture 10 20,416.67 20,416.67 20,416.67 20,416.67
Salaries Expense payroll 2,094,000.00 2,198,700.00 2,308,635.00 2,424,066.75
SSS and EC Premiums Expense 11 91,326.00 91,326.00 92,209.20 93,978.00
Philheath Premiums Expense 12 22,350.00 22,800.00 23,850.00 24,750.00
PAG-IBIG Premiums Expense 13 8,400.00 8,400.00 8,400.00 8,400.00
13th Month Pay 14 174,500.00 183,225.00 192,386.25 202,005.56
Total Selling & Administrative Expenses 2,672,869.67 2,780,017.52 2,903,429.82 3,033,627.03

Net Income(Loss) Before Tax 2,167,042.33 2,301,740.08 2,432,600.16 2,569,423.80

Less: Income Tax(30%) 650,112.70 690,522.03 729,780.05 770,827.14
Net Income(Loss) After Tax 1,516,929.63 1,611,218.06 1,702,820.11 1,798,596.66
 2020
10,751,880.00
4,868,689.65
5,883,190.35

-
5,912.40
2,472.00
3,444.00
27,000.00
180,000.00
43,758.23
20,416.67
2,545,270.09
94,861.20
25,800.00
8,400.00
212,105.84
3,169,440.42

2,713,749.93
814,124.98
1,899,624.95
 Nts(IS)

Notes to Financial Performance (Income Statement)

2016 2017
Note 1 - Gross Sales
Number of Maxiclean Units Sold 3,024 3,175
Price of Maxiclean 1,500.00 1,500.00
Subtotal 4,536,000.00 4,762,500.00

Number of Paper Filter Sold 143,640 150,822

Price of Paper Filter 30.00 30.00
Subtotal 4,309,200.00 4,524,660.00

Gross Sales 8,845,200.00 9,287,160.00

Note 2 - Cost of Goods Sold

Beginning Inventory 250,000.00 200,264.40
Add: Purchases 3,955,552.40 4,215,408.12
Goods Available For Sale 4,205,552.40 4,415,672.52
Less: Ending Inventory 200,264.40 210,270.12
Cost of Goods Sold 4,005,288.00 4,205,402.40

Note 3 - Organizational Cost

Mayors Permit 2,400.00 -
Sanitary Permit 300.00 -
Fire Safety Permit 100.00 -
SEC Registration 500.00 -
Name Reservation 40.00 -
Name Verification 150.00 -
Articles of Co-Partneship 150.00 -
Joint Affidavit 500.00 -
CTC 500.00 -
Barangay Permit 800.00 -
Business Tax 1,350.00 -
Signboard Fee 15.00 -
Application of COR and TIN 115.00 -
BIR 500.00 -
Print Receipts and Invoices 1,200.00 -
Books of Account 400.00 -

Page 3
 Nts(IS)
Organizational Cost 9,020.00 -

Note 4 - Office Supplies Expense

Record Book 227.00 227.00
Short Bond Paper 700.00 700.00
Long Bond Paper 900.00 900.00
Short Brown Envelope 88.00 88.00
Long Brown Envelope 100.00 100.00
Ballpen 270.00 270.00
Pencil 201.00 201.00
Pilot Permanent Marker 384.00 384.00
White Board Marker 624.00 624.00
Paper Clip 26.00 26.00
Sharpener 120.00 120.00
Correction Tape 162.00 162.00
Scissor 50.00 50.00
White Board 300.00 300.00
Board Eraser 25.00 25.00
Refill Ink 750.00 750.00
TOTAL 4,927.00 4,927.00
Annual Growth in Consumption - 5.00%
Office Supplies Expense 4,927.00 5,173.35

Note 5 - Medical Supplies Expense

Band Aid 120.00 120.00
Cotton 100.00 100.00
Alcohol 260.00 260.00
Betadine 380.00 380.00
Paracetamol 650.00 650.00
Loperamide 550.00 550.00
TOTAL 2,060.00 2,060.00
Annual Growth in Consumption - 5.00%
Medical Supplies Expense 2,060.00 2,163.00

Note 6 - Sanitary Tools Expense

Mop 500.00 500.00
Vacuum Cleaner 1,700.00 1,700.00
Broom 150.00 150.00

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 Nts(IS)
Dustpan 100.00 100.00
Bathroom Cleaner 300.00 300.00
Toilet Brush 100.00 100.00
Towels 20.00 20.00
TOTAL 2,870.00 2,870.00
Annual Growth in Consumption - 5.00%
Sanitary Tools Expense 2,870.00 3,013.50

Note 7 - Advertising & Promotions Expense

Tarpaulins 21,000.00 21,000.00
Leaflets 6,000.00 6,000.00
Advertising & Promotions Expense 27,000.00 27,000.00

Note 8 - Rent Expense

Monthly Rent 15,000.00 15,000.00
Number of Months In A Year 12 12
Rent Expense 180,000.00 180,000.00

Note 9 - Utilities Expense

Communications 1,000.00 1,050.00
Water 2,000.00 2,100.00
Electricity 10,000.00 10,500.00
Total Monthly Utilities 3,000.00 3,150.00
Number of Months in a Year 12 12
Utilities Expense 36,000.00 37,800.00

Note 10 - Depreciation - Office Equipments and Furniture

Desktop Computer 40,000.00 40,000.00
Printer 20,000.00 20,000.00
Bundy Clock 5,500.00 5,500.00
Fire Extinguisher 5,000.00 5,000.00
Office Cubicle 12,000.00 12,000.00
Office Chair 12,000.00 12,000.00
Air-condition 20,000.00 20,000.00
Led Tube Light 2,000.00 2,000.00
Trash Bin 6,000.00 6,000.00
TOTAL PRICE 122,500.00 122,500.00
Useful Number of Years 6 6

Page 5
 Nts(IS)
Depreciation - Office Equipments and Furniture 20,416.67 20,416.67

Note 11 - SSS and EC Premiums Expense

SSS Employer's Share (Payroll) 89,286.00 89,286.00
EC Employer's Share (Payroll) 2,040.00 2,040.00
SSS and EC Premiums Expense 91,326.00 91,326.00

Note 12 - Philhealth Premiums Expense

Employer's Share (Payroll) 22,350.00 22,800.00
Philhealth Premiums Expense 22,350.00 22,800.00

Note 13 - PAGIBIG Premiums Expense

Employer's Share (Payroll) 8,400.00 8,400.00
PAGIBIG Premiums Expense 8,400.00 8,400.00

Note 14 - 13th Month Pay

General Manager 59,300 62,265
Sales & Marketing Officer 24,500 25,725
Production Staff 1 10,200 10,710
Production Staff 2 10,200 10,710
Finance Officer 28,000 29,400
Technical Officer 18,000 18,900
Operations Officer 24,300 25,515
13th Month Pay 174,500.00 183,225.00

Page 6
 Nts(IS)

2018 2019 2020

3,334 3,501 3,676 3,024 3,175

1,500.00 1,500.00 1,500.00 750.00 750.00
5,001,000.00 5,251,500.00 5,514,000.00 2,268,000.00 2,381,250.00

158,363 166,281 174,596 151,200 158,760

30.00 30.00 30.00 11.49 11.49
4,750,890.00 4,988,430.00 5,237,880.00 1,737,288.00 1,824,152.40

9,751,890.00 10,239,930.00 10,751,880.00 4,005,288.00 4,205,402.40

210,270.12 220,793.00 231,843.96

4,426,382.90 4,647,930.13 4,880,280.17
4,636,653.02 4,868,723.13 5,112,124.13
220,793.00 231,843.96 243,434.48
4,415,860.02 4,636,879.17 4,868,689.65

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

Page 7
 Nts(IS)
- - -

227.00 227.00 227.00

700.00 700.00 700.00
900.00 900.00 900.00
88.00 88.00 88.00
100.00 100.00 100.00
270.00 270.00 270.00
201.00 201.00 201.00
384.00 384.00 384.00
624.00 624.00 624.00
26.00 26.00 26.00
120.00 120.00 120.00
162.00 162.00 162.00
50.00 50.00 50.00
300.00 300.00 300.00
25.00 25.00 25.00
750.00 750.00 750.00
4,927.00 4,927.00 4,927.00
10.00% 15.00% 20.00%
5,419.70 5,666.05 5,912.40

120.00 120.00 120.00

100.00 100.00 100.00
260.00 260.00 260.00
380.00 380.00 380.00
650.00 650.00 650.00
550.00 550.00 550.00
2,060.00 2,060.00 2,060.00
10.00% 15.00% 20.00%
2,266.00 2,369.00 2,472.00

500.00 500.00 500.00

1,700.00 1,700.00 1,700.00
150.00 150.00 150.00

Page 8
 Nts(IS)
100.00 100.00 100.00
300.00 300.00 300.00
100.00 100.00 100.00
20.00 20.00 20.00
2,870.00 2,870.00 2,870.00
10.00% 15.00% 20.00%
3,157.00 3,300.50 3,444.00

21,000.00 21,000.00 21,000.00 ?

6,000.00 6,000.00 6,000.00
27,000.00 27,000.00 27,000.00

?
15,000.00 15,000.00 15,000.00
12 12 12
180,000.00 180,000.00 180,000.00

1,102.50 1,157.63 1,215.51

2,205.00 2,315.25 2,431.01
11,025.00 11,576.25 12,155.06
3,307.50 3,472.88 3,646.52
12 12 12
39,690.00 41,674.50 43,758.23

40,000.00 40,000.00 40,000.00

20,000.00 20,000.00 20,000.00
5,500.00 5,500.00 5,500.00
5,000.00 5,000.00 5,000.00
12,000.00 12,000.00 12,000.00
12,000.00 12,000.00 12,000.00
20,000.00 20,000.00 20,000.00
2,000.00 2,000.00 2,000.00
6,000.00 6,000.00 6,000.00
122,500.00 122,500.00 122,500.00
6 6 6

Page 9
 Nts(IS)
20,416.67 20,416.67 20,416.67

90,169.20 91,938.00 92,821.20

2,040.00 2,040.00 2,040.00
92,209.20 93,978.00 94,861.20

23,850.00 24,750.00 25,800.00

23,850.00 24,750.00 25,800.00

8,400.00 8,400.00 8,400.00

8,400.00 8,400.00 8,400.00

65,378 68,647 72,080

27,011 28,362 29,780
11,246 11,808 12,398
11,246 11,808 12,398
30,870 32,414 34,034
19,845 20,837 21,879
26,791 28,130 29,537
192,386.25 202,005.56 212,105.84

Page 10
 Nts(IS)

3,334 3,501 3,676

750.00 750.00 750.00
2,500,500.00 2,625,750.00 2,757,000.00

166,698 175,033 183,785

11.49 11.49 11.49
1,915,360.02 2,011,129.17 2,111,689.65

4,415,860.02 4,636,879.17 4,868,689.65

Page 11
 UNITECH FILTER
Statement Of Financial Position
December 31, 2016 - 2020

Notes 2016 (Beg)

ASSETS
Current Assets:
Cash 582,500.00
Inventory 1 250,000.00
Prepaid Rent 2 45,000.00
Total Current Assets 877,500.00
Noncurrent Assets:
Office Equipments and Furniture 3 122,500.00
Total Non-current Assets 122,500.00
Total Assets 1,000,000.00
LIABILITIES AND PARTNER'S EQUITY
Liabilities
Current Liabilities:
Utilities Payable 4 -
Salaries Payable 5 -
Rent Payable -
SSS and EC Premiums Payable 6 -
Philhealth Premiums Payable 7 -
PAG-IBIG Premiums Payable 8 -
Withholding Taxes Payable payroll -
Income Tax Payable IS -
Total Liabilities -
Partner's Equity
Abella, Capital 200,000.00
Balde, Capital 200,000.00
Dimarucut, Capital 200,000.00
Micua, Capital 200,000.00
Rambla, Capital 200,000.00
Total Partner's Equity 1,000,000.00
Total Liabilities and Equity 1,000,000.00
 ECH FILTER
Of Financial Position
r 31, 2016 - 2020

2016 2017 2018 2019 2020

ASSETS

1,613,505.55 1,787,281.38 2,051,918.58 2,414,321.31 2,880,037.32

200,264.40 210,270.12 220,793.00 231,843.96 243,434.48
- - - - -
1,813,769.95 1,997,551.50 2,272,711.58 2,646,165.27 3,123,471.81

102,083.33 81,666.67 61,250.00 40,833.33 20,416.67

102,083.33 81,666.67 61,250.00 40,833.33 20,416.67
1,915,853.28 2,079,218.16 2,333,961.58 2,686,998.60 3,143,888.47
D PARTNER'S EQUITY

13,000.00 13,650.00 14,332.50 15,049.13 15,801.58

174,500.00 183,225.00 192,386.25 202,005.56 212,105.84
15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
11,280.00 11,280.00 11,390.00 11,610.00 11,719.80
3,725.00 3,800.00 3,975.00 4,125.00 4,300.00
1,400.00 1,400.00 1,400.00 1,400.00 1,400.00
29,905.95 32,193.45 34,729.98 37,417.31 40,246.85
650,112.70 690,522.03 729,780.05 770,827.14 814,124.98
898,923.65 951,070.47 1,002,993.77 1,057,434.13 1,114,699.05

203,385.93 225,629.54 266,193.56 325,912.89 405,837.88

203,385.93 225,629.54 266,193.56 325,912.89 405,837.88
203,385.93 225,629.54 266,193.56 325,912.89 405,837.88
203,385.93 225,629.54 266,193.56 325,912.89 405,837.88
203,385.93 225,629.54 266,193.56 325,912.89 405,837.88
1,016,929.63 1,128,147.69 1,330,967.81 1,629,564.47 2,029,189.42
1,915,853.28 2,079,218.16 2,333,961.58 2,686,998.60 3,143,888.47
 Nts(BS)

Notes to Balance Sheet

2016 2017

Note 1 - Prepaid Rent

Rental Advance 15,000.00
2 Months Rental Deposit 30,000.00
Prepaid Rent 45,000.00

Note 2 - Inventory
Beginning Inventory 300,000.00 200,264.40
Add: Purchases 3,905,552.40 4,215,408.12
Goods Available For Sale 4,205,552.40 4,415,672.52
Less: Cost of Goods Sold 4,005,288.00 4,205,402.40
Inventory 200,264.40 210,270.12

Note 3 - Office Equipments and Furniture

Desktop Computer 40,000.00 40,000.00
Printer 20,000.00 20,000.00
Bundy Clock 5,500.00 5,500.00
Fire Extinguisher 5,000.00 5,000.00
Office Cubicle 12,000.00 12,000.00
Office Chair 12,000.00 12,000.00
Air-condition 20,000.00 20,000.00
Led Tube Light 2,000.00 2,000.00
Trash Bin 6,000.00 6,000.00
TOTAL PRICE 122,500.00 122,500.00
Less: Accumulated Depreciation - 20,416.67
Less: Current Year's Depreciation 20,416.67 20,416.67
Office Equipments and Furniture 102,083.33 81,666.67

Note 4 - Utilities Payable

Communications 1,000.00 1,050.00
Water 2,000.00 2,100.00
Electricity 10,000.00 10,500.00
Utilities Payable 13,000.00 13,650.00

Note 5 - Salaries Payable

General Manager 59,300.00 62,265.00
Sales & Marketing Officer 24,500.00 25,725.00
Production Staff 1 10,200.00 10,710.00
Production Staff 2 10,200.00 10,710.00
Finance Officer 28,000.00 29,400.00
Technical Officer 18,000.00 18,900.00

Page 14
 Nts(BS)
Operations Officer 24,300.00 25,515.00
Salaries Payable 174,500.00 183,225.00

Note 6 - SSS and EC Premiums Payable

SSS Employee's Share (Payroll) 3,669.50 3,669.50
SSS Employer's Share (Payroll) 7,440.50 7,440.50
EC Employer's Share (Payroll) 170.00 170.00
SSS and EC Premiums Expense 11,280.00 11,280.00

Note 7 - Philhealth Premiums Payable

Employee's Share (Payroll) 1,862.50 1,900.00
Employer's Share (Payroll) 1,862.50 1,900.00
Philhealth Premiums Expense 3,725.00 3,800.00

Note 8 - PAGIBIG Premiums Payable

Employee's Share (Payroll) 700.00 700.00
Employer's Share (Payroll) 700.00 700.00
PAGIBIG Premiums Expense 1,400.00 1,400.00

Page 15
 Nts(BS)

2018 2019 2020

210,270.12 220,793.00 231,843.96

4,426,382.90 4,647,930.13 4,880,280.17
4,636,653.02 4,868,723.13 5,112,124.13
4,415,860.02 4,636,879.17 4,868,689.65
220,793.00 231,843.96 243,434.48

40,000.00 40,000.00 40,000.00

20,000.00 20,000.00 20,000.00
5,500.00 5,500.00 5,500.00
5,000.00 5,000.00 5,000.00
12,000.00 12,000.00 12,000.00
12,000.00 12,000.00 12,000.00
20,000.00 20,000.00 20,000.00
2,000.00 2,000.00 2,000.00
6,000.00 6,000.00 6,000.00
122,500.00 122,500.00 122,500.00
40,833.33 61,250.00 81,666.67
20,416.67 20,416.67 20,416.67
61,250.00 40,833.33 20,416.67

1,102.50 1,157.63 1,215.51

2,205.00 2,315.25 2,431.01
11,025.00 11,576.25 12,155.06
14,332.50 15,049.13 15,801.58

65,378.25 68,647.16 72,079.52

27,011.25 28,361.81 29,779.90
11,245.50 11,807.78 12,398.16
11,245.50 11,807.78 12,398.16
30,870.00 32,413.50 34,034.18
19,845.00 20,837.25 21,879.11

Page 16
 Nts(BS)
26,790.75 28,130.29 29,536.80
192,386.25 202,005.56 212,105.84

3,705.90 3,778.50 3,814.70

7,514.10 7,661.50 7,735.10
170.00 170.00 170.00
11,390.00 11,610.00 11,719.80

1,987.50 2,062.50 2,150.00

1,987.50 2,062.50 2,150.00
3,975.00 4,125.00 4,300.00

700.00 700.00 700.00

700.00 700.00 700.00
1,400.00 1,400.00 1,400.00

Page 17
 UNITECH FILTER
Statement of Cash Flows
For the years ended December 31, 2016-2020

2016
Cash Flow From Operating
Activities
Net Profit before tax 2,167,042.33
(Increase) Decrease in Inventory (200,264.40)
Depreciation of Office Equipments and Furniture 20,416.67
Increase (Decrease) in Utilities Payable 13,000.00
Increase (Decrease) in Salaries Payable 174,500.00
Increase (Decrease) in Rent Payable 15,000.00
Increase (Decrease) in SSS and EC Premiums Payable 11,280.00
Increase (Decrease) in Philhealth Premiums Payable 3,725.00
Increase (Decrease) in PAG-IBIG Premiums Payable 1,400.00
Increase (Decrease) in Withholding Taxes Payable 29,905.95
Income Taxes Paid -
Net Cash provided (used) by Operating activities 2,236,005.55

Cash Flow from Investing

Activities
Cash Paid For Office Equipments and Furniture (122,500.00)
Net Cash provided (used) by Investing Activities (122,500.00)

Cash Flow from Financing

Activities
Cash Received from Partners Contributed Capital 1,000,000.00
Cash Paid To Partners (Withdrawals) (1,500,000.00)
Net Cash provided (used) by Financing Activities (500,000.00)

Net Cash provided (used) by Operating activities 2,236,005.55

Net Cash provided (used) by Investing Activities (122,500.00)
Net Cash provided (used) by Financing Activities (500,000.00)
Increase (Decrease) in Cash 1,613,505.55
Add: Beginning Balance -
Ending Balance 1,613,505.55
ws
31, 2016-2020

2017 2018 2019 2020

2,301,740.08 2,432,600.16 2,569,423.80 2,713,749.93

(10,005.72) (10,522.88) (11,050.96) (11,590.52)
20,416.67 20,416.67 20,416.67 20,416.67
650.00 682.50 716.63 752.46
8,725.00 9,161.25 9,619.31 10,100.28
- - - -
- 110.00 220.00 109.80
75.00 175.00 150.00 175.00
- - - -
2,287.50 2,536.53 2,687.33 2,829.55
(650,112.70) (690,522.03) (729,780.05) (770,827.14)
1,673,775.83 1,764,637.20 1,862,402.73 1,965,716.01

- - - -
- - - -

(1,500,000.00) (1,500,000.00) (1,500,000.00) (1,500,000.00)

(1,500,000.00) (1,500,000.00) (1,500,000.00) (1,500,000.00)

1,673,775.83 1,764,637.20 1,862,402.73 1,965,716.01

- - - -
(1,500,000.00) (1,500,000.00) (1,500,000.00) (1,500,000.00)
173,775.83 264,637.20 362,402.73 465,716.01
1,613,505.55 1,787,281.38 2,051,918.58 2,414,321.31
1,787,281.38 2,051,918.58 2,414,321.31 2,880,037.32
 UNITECH FILTER
Statement of Changes in Partner's Equity
For the year ended December 31, 2016

Abella, Capital Balde, Capital Dimarucut, Capital Micua, Capital

Beginning Capital 200,000.00 200,000.00 200,000.00 200,000.00
Profit And Loss Allocation 303,385.93 303,385.93 303,385.93 303,385.93
Less: Withdrawals (300,000.00) (300,000.00) (300,000.00) (300,000.00)
Partner's Equity 203,385.93 203,385.93 203,385.93 203,385.93

UNITECH FILTER
Statement of Changes in Partner's Equity
For the year ended December 31, 2017

Abella, Capital Balde, Capital Dimarucut, Capital Micua, Capital

Beginning Capital 203,385.93 203,385.93 203,385.93 203,385.93
Profit And Loss Allocation 322,243.61 322,243.61 322,243.61 322,243.61
Less: Withdrawals (300,000.00) (300,000.00) (300,000.00) (300,000.00)
Partner's Equity 225,629.54 225,629.54 225,629.54 225,629.54

UNITECH FILTER
Statement of Changes in Partner's Equity
For the year ended December 31, 2018

Abella, Capital Balde, Capital Dimarucut, Capital Micua, Capital

Beginning Capital 225,629.54 225,629.54 225,629.54 225,629.54
Profit And Loss Allocation 340,564.02 340,564.02 340,564.02 340,564.02
Less: Withdrawals (300,000.00) (300,000.00) (300,000.00) (300,000.00)
Partner's Equity 266,193.56 266,193.56 266,193.56 266,193.56

UNITECH FILTER
Statement of Changes in Partner's Equity
For the year ended December 31, 2019

Abella, Capital Balde, Capital Dimarucut, Capital Micua, Capital

Beginning Capital 266,193.56 266,193.56 266,193.56 266,193.56
Profit And Loss Allocation 359,719.33 359,719.33 359,719.33 359,719.33
Less: Withdrawals (300,000.00) (300,000.00) (300,000.00) (300,000.00)
Partner's Equity 325,912.89 325,912.89 325,912.89 325,912.89

UNITECH FILTER
Statement of Changes in Partner's Equity
For the year ended December 31, 2020

Abella, Capital Balde, Capital Dimarucut, Capital Micua, Capital

Beginning Capital 325,912.89 325,912.89 325,912.89 325,912.89
Profit And Loss Allocation 379,924.99 379,924.99 379,924.99 379,924.99
Less: Withdrawals (300,000.00) (300,000.00) (300,000.00) (300,000.00)
Partner's Equity 405,837.88 405,837.88 405,837.88 405,837.88
Rambla, Capital TOTAL
200,000.00 1,000,000.00
303,385.93 1,516,929.63
(300,000.00) (1,500,000.00)
203,385.93 1,016,929.63

Rambla, Capital TOTAL

203,385.93 1,016,929.63
322,243.61 1,611,218.06
(300,000.00) (1,500,000.00)
225,629.54 1,128,147.69

Rambla, Capital TOTAL

225,629.54 902,518.15
340,564.02 1,702,820.11
(300,000.00) (1,500,000.00)
266,193.56 1,105,338.27

Rambla, Capital TOTAL

266,193.56 1,105,338.27
359,719.33 1,798,596.66
(300,000.00) (1,500,000.00)
325,912.89 1,403,934.93

Rambla, Capital TOTAL

325,912.89 1,403,934.93
379,924.99 1,899,624.95
(300,000.00) (1,500,000.00)
405,837.88 1,803,559.88
2016 Payroll
Employee's Share
Position Monthly Gross Pay SSS PAG-IBIG Phil Health
General Manager 59,300.00 581.30 100.00 437.50
Sales & Marketing Officer 24,500.00 581.30 100.00 300.00
Production Staff 1 10,200.00 381.50 100.00 125.00
Production Staff 2 10,200.00 381.50 100.00 125.00
Finance Officer 28,000.00 581.30 100.00 350.00
Technical Officer 18,000.00 581.30 100.00 225.00
Operations Officer 24,300.00 581.30 100.00 300.00
TOTAL MONTHLY VALUES 174,500.00 3,669.50 700.00 1,862.50
TOTAL ANNUAL VALUES 2,094,000.00 44,034.00 8,400.00 22,350.00

Employer's Share
Position SSS EC PAG-IBIG Phil Health
General Manager 1,178.70 30.00 100.00 437.50
Sales & Marketing Officer 1,178.70 30.00 100.00 300.00
Production Staff 1 773.50 10.00 100.00 125.00
Production Staff 2 773.50 10.00 100.00 125.00
Finance Officer 1,178.70 30.00 100.00 350.00
Technical Officer 1,178.70 30.00 100.00 225.00
Operations Officer 1,178.70 30.00 100.00 300.00
TOTAL MONTHLY VALUES 7,440.50 170.00 700.00 1,862.50
TOTAL ANNUAL VALUES 89,286.00 2,040.00 8,400.00 22,350.00
Taxable Income Withholding Tax Net Pay
58,181.20 14,121.03 44,060.17
23,518.70 3,796.43 19,722.28
9,593.50 647.31 8,946.20
9,593.50 647.31 8,946.20
26,968.70 4,757.28 22,211.42
17,093.70 2,190.18 14,903.53
23,318.70 3,746.43 19,572.28
168,268.00 29,905.95 138,362.06
2,019,216.00 358,871.34 1,660,344.66

Total
1,746.20
1,608.70
1,008.50
1,008.50
1,658.70
1,533.70
1,608.70
10,173.00
122,076.00
2017 Payroll
Employee's Share
Position Monthly Gross Pay SSS PAG-IBIG Phil Health
General Manager 62,265.00 581.30 100.00 437.50
Sales & Marketing Officer 25,725.00 581.30 100.00 312.50
Production Staff 1 10,710.00 381.50 100.00 125.00
Production Staff 2 10,710.00 381.50 100.00 125.00
Finance Officer 29,400.00 581.30 100.00 362.50
Technical Officer 18,900.00 581.30 100.00 225.00
Operations Officer 25,515.00 581.30 100.00 312.50
TOTAL MONTHLY VALUES 183,225.00 3,669.50 700.00 1,900.00
TOTAL ANNUAL VALUES 2,198,700.00 44,034.00 8,400.00 22,800.00

Employer's Share
Position SSS EC PAG-IBIG Phil Health
General Manager 1,178.70 30.00 100.00 437.50
Sales & Marketing Officer 1,178.70 30.00 100.00 312.50
Production Staff 1 773.50 10.00 100.00 125.00
Production Staff 2 773.50 10.00 100.00 125.00
Finance Officer 1,178.70 30.00 100.00 362.50
Technical Officer 1,178.70 30.00 100.00 225.00
Operations Officer 1,178.70 30.00 100.00 312.50
TOTAL MONTHLY VALUES 7,440.50 170.00 700.00 1,900.00
TOTAL ANNUAL VALUES 89,286.00 2,040.00 8,400.00 22,800.00
Taxable Income Withholding Tax Net Pay
61,146.20 15,010.53 46,135.67
24,731.20 4,099.55 20,631.65
10,103.50 723.81 9,379.70
10,103.50 723.81 9,379.70
28,356.20 5,173.53 23,182.67
17,993.70 2,415.18 15,578.53
24,521.20 4,047.05 20,474.15
176,955.50 32,193.45 144,762.06
2,123,466.00 386,321.34 1,737,144.66

Total
1,746.20
1,621.20
1,008.50
1,008.50
1,671.20
1,533.70
1,621.20
10,210.50
122,526.00
2018 Payroll
Employee's Share
Position Monthly Gross Pay SSS PAG-IBIG Phil Health
General Manager 65,378.25 581.30 100.00 437.50
Sales & Marketing Officer 27,011.25 581.30 100.00 337.50
Production Staff 1 11,245.50 399.70 100.00 137.50
Production Staff 2 11,245.50 399.70 100.00 137.50
Finance Officer 30,870.00 581.30 100.00 375.00
Technical Officer 19,845.00 581.30 100.00 237.50
Operations Officer 26,790.75 581.30 100.00 325.00
TOTAL MONTHLY VALUES 192,386.25 3,705.90 700.00 1,987.50
TOTAL ANNUAL VALUES 2,308,635.00 44,470.80 8,400.00 23,850.00

Employer's Share
Position SSS EC PAG-IBIG Phil Health
General Manager 1,178.70 30.00 100.00 437.50
Sales & Marketing Officer 1,178.70 30.00 100.00 337.50
Production Staff 1 810.30 10.00 100.00 137.50
Production Staff 2 810.30 10.00 100.00 137.50
Finance Officer 1,178.70 30.00 100.00 375.00
Technical Officer 1,178.70 30.00 100.00 237.50
Operations Officer 1,178.70 30.00 100.00 325.00
TOTAL MONTHLY VALUES 7,514.10 170.00 700.00 1,987.50
TOTAL ANNUAL VALUES 90,169.20 2,040.00 8,400.00 23,850.00
Taxable Income Withholding Tax Net Pay
64,259.45 15,944.51 48,314.95
25,992.45 4,464.41 21,528.05
10,608.30 829.99 9,778.31
10,608.30 829.99 9,778.31
29,813.70 5,610.78 24,202.92
18,926.20 2,648.30 16,277.90
25,784.45 4,402.01 21,382.45
185,992.85 34,729.98 151,262.88
2,231,914.20 416,759.70 1,815,154.50

Total
1,746.20
1,646.20
1,057.80
1,057.80
1,683.70
1,546.20
1,633.70
10,371.60
124,459.20
2019 Payroll
Employee's Share
Position Monthly Gross Pay SSS PAG-IBIG Phil Health
General Manager 68,647.16 581.30 100.00 437.50
Sales & Marketing Officer 28,361.81 581.30 100.00 350.00
Production Staff 1 11,807.78 436.00 100.00 137.50
Production Staff 2 11,807.78 436.00 100.00 137.50
Finance Officer 32,413.50 581.30 100.00 400.00
Technical Officer 20,837.25 581.30 100.00 250.00
Operations Officer 28,130.29 581.30 100.00 350.00
TOTAL MONTHLY VALUES 202,005.56 3,778.50 700.00 2,062.50
TOTAL ANNUAL VALUES 2,424,066.75 45,342.00 8,400.00 24,750.00

Employer's Share
Position SSS EC PAG-IBIG Phil Health
General Manager 1,178.70 30.00 100.00 437.50
Sales & Marketing Officer 1,178.70 30.00 100.00 350.00
Production Staff 1 884.00 10.00 100.00 137.50
Production Staff 2 884.00 10.00 100.00 137.50
Finance Officer 1,178.70 30.00 100.00 400.00
Technical Officer 1,178.70 30.00 100.00 250.00
Operations Officer 1,178.70 30.00 100.00 350.00
TOTAL MONTHLY VALUES 7,661.50 170.00 700.00 2,062.50
TOTAL ANNUAL VALUES 91,938.00 2,040.00 8,400.00 24,750.00
Taxable Income Withholding Tax Net Pay
67,528.36 16,925.18 50,603.18
27,330.51 4,865.82 22,464.69
11,134.28 935.19 10,199.09
11,134.28 935.19 10,199.09
31,332.20 6,066.33 25,265.87
19,905.95 2,893.24 17,012.71
27,098.99 4,796.37 22,302.62
195,464.56 37,417.31 158,047.26
2,345,574.75 449,007.68 1,896,567.08

Total
1,746.20
1,658.70
1,131.50
1,131.50
1,708.70
1,558.70
1,658.70
10,594.00
127,128.00
2020 Payroll
Employee's Share
Position Monthly Gross Pay SSS PAG-IBIG Phil Health
General Manager 72,079.52 581.30 100.00 437.50
Sales & Marketing Officer 29,779.90 581.30 100.00 362.50
Production Staff 1 12,398.16 454.20 100.00 150.00
Production Staff 2 12,398.16 454.00 100.00 150.00
Finance Officer 34,034.18 581.30 100.00 425.00
Technical Officer 21,879.11 581.30 100.00 262.50
Operations Officer 29,536.80 581.30 100.00 362.50
TOTAL MONTHLY VALUES 212,105.84 3,814.70 700.00 2,150.00
TOTAL ANNUAL VALUES 2,545,270.09 45,776.40 8,400.00 25,800.00

Employer's Share
Position SSS EC PAG-IBIG Phil Health
General Manager 1,178.70 30.00 100.00 437.50
Sales & Marketing Officer 1,178.70 30.00 100.00 362.50
Production Staff 1 920.80 10.00 100.00 150.00
Production Staff 2 920.80 10.00 100.00 150.00
Finance Officer 1,178.70 30.00 100.00 425.00
Technical Officer 1,178.70 30.00 100.00 262.50
Operations Officer 1,178.70 30.00 100.00 362.50
TOTAL MONTHLY VALUES 7,735.10 170.00 700.00 2,150.00
TOTAL ANNUAL VALUES 92,821.20 2,040.00 8,400.00 25,800.00
Taxable Income Withholding Tax Net Pay
70,960.72 17,954.89 53,005.83
28,736.10 5,287.50 23,448.60
11,693.96 1,047.12 10,646.84
11,694.16 1,047.16 10,647.00
32,927.88 6,545.03 26,382.84
20,935.31 3,150.58 17,784.73
28,493.00 5,214.57 23,278.43
205,441.14 40,246.85 165,194.29
2,465,293.69 482,962.25 1,982,331.44

Total
1,746.20
1,671.20
1,180.80
1,180.80
1,733.70
1,571.20
1,671.20
10,755.10
129,061.20
 2016
1. Current Ratio Current Assets 1,813,769.95
2.02
Current Liabilities 898,923.65

Cash + Short Term Investments + Net

2. Acid Test Ratio 1,613,505.55
Receivables 1.79
Current Liabilities 898,923.65

3. Debt-to-Equity Ratio Total Liabilities 898,923.65

0.88
Total Owner's Equity 1,016,929.63

4. Gross Profit Margin Gross Profit - Cost of Goods Sold 4,839,912.00

0.55
Gross Profit 8,845,200.00

5. Net Profit Margin Net Income 1,516,929.63

0.17
Service Revenue 8,845,200.00
 2017 2018 2019 2020
1,997,551.50 2,272,711.58 2,646,165.27 3,123,471.81
2.10 2.27 2.50 2.80
951,070.47 1,002,993.77 1,057,434.13 1,114,699.05

1,787,281.38 2,051,918.58 2,414,321.31 2,880,037.32

1.88 2.05 2.28 2.58
951,070.47 1,002,993.77 1,057,434.13 1,114,699.05

951,070.47 1,002,993.77 1,057,434.13 1,114,699.05

0.84 0.75 0.65 0.55
1,128,147.69 1,330,967.81 1,629,564.47 2,029,189.42

5,081,757.60 5,336,029.98 5,603,050.83 5,883,190.35

0.55 0.55 0.55 0.55
9,287,160.00 9,751,890.00 10,239,930.00 10,751,880.00

1,611,218.06 1,702,820.11 1,798,596.66 1,899,624.95

0.17 0.17 0.18 0.18
9,287,160.00 9,751,890.00 10,239,930.00 10,751,880.00
 Return On Investment

Net Income Running Balance: Total

Year Total Assets
(Loss) Assets Less Net Income

2016 1,516,929.63 1,000,000.00 (516,929.63)

2017 1,611,218.06 1,000,000.00 (2,128,147.69)
2018 1,702,820.11 1,000,000.00 (3,830,967.81)
2019 1,798,596.66 1,000,000.00 (5,629,564.47)
2020 1,899,624.95 1,000,000.00 (7,529,189.42)

Total Assets 1,000,000.00

Net Income of 2016 1,516,929.63

Answer 0.66

Pro-Rata Answer 0.66

Multiply: Number of Days In A Year 365

Answer 240.62 days

Pro-Rata Answer 240.62

Divided by: Number of Days in A Month 30

Answer 8.02 months

Return On Investment 8 months