Year 1

ASSETS
Cash
Accounts Receivable
Inventory
Prepaid
Other Current Assets/Deposits
Fixed Assets
Accumulated Depreciation
TOTAL ASSETS
LIABILITIES
Accounts Payable
Current Long Term Debt - Bank
Current Port Long Term Dept - Seller
Long Term Debt - Bank
Long Term Debt - Seller
TOTAL LIABILITIES

400,000
164,000
100,000
9,200,000
-

Year 2
776,000
###
###
192,000
###
###
796,000

9,864,000

9,472,000

338,000
42,000
6,102,000
1,158,000

62,000
370,000
46,000
5,764,000
1,116,000

7,640,000

7,358,000

NET WORTH
Pain in Capital
Retained Earnings

3,018,000
(794,000)

###
(908,000)

TOTAL NET WORTH

2,224,000

2,110,000

Total Liabilities & Net Worth

9,864,000

9,468,000

Year 3

Year 4

Year 5

Year 6

1,572,000
224,000
100,000
9,200,000
1,592,000

2,635,500
244,000
100,000
9,200,000
2,388,000

3,848,000
264,000
100,000
9,200,000
3,184,000

5,232,500
284,000
100,000
9,200,000
3,980,000

9,504,000

9,791,500

10,228,000

10,836,500

74,000
406,000
50,000
5,394,000
1,070,000

90,000
444,000
54,000
4,988,000
1,020,000

104,000
486,000
58,000
4,544,000
966,000

112,000
534,000
64,000
4,058,000
908,000

6,994,000

6,596,000

6,158,000

5,676,000

3,018,000

3,018,000

3,018,000

3,018,000

556,000

1,428,000

(692,000)

(144,000)

2,326,000

2,874,000

3,574,000

4,446,000

9,320,000

9,470,000

9,732,000

10,122,000

CASH FLOW FROM

OPERATING ACTIVITIES
Net Income(Loss)
Depreciation
Increase/(Decrease) in Accounts Payable
(Increase)/(Decrease in Oher Assets
Net Cash in Operating Activities
CASH FLOW FROM INVESTMENT ACTIVITIES
Purchase of Equip. & Real Estate
Net Cash in Investment Activities
CASH FLOW FROM FINANCING ACTIVITIES
Increase/(Decrease) in Current Portion of Long-Term Debt
Increase/(Decrease) in Long Term Dept
Increase - Paid in Capital
Net Cash from Financing Activities
Net Changes in Cash
Beginning
Ending Cash

Year 1

Year 2

(794,000)

Year 3

(110,000)

Year 4

396,000

Year 6

685,500

874,500

1,090,500

796,000

796,000

796,000
8,000

796,000

62,000

12,000

16,000

14,000

(28,000)

(32,000)

(20,000)

(20,000)

(264,000)
(1,058,000)

720,000

###

Year 5

1,172,000

1,477,500

1,664,500

(20,000)
1,874,500

(9,200,000)

###

(9,200,000)

###

380,000
7,260,000
3,018,000
10,658,000
400,000
400,000

36,000
(380,000)
-

40,000
(416,000)
###

42,000
(456,000)
(414,000)

46,000
(498,000)
(452,000)

54,000
(544,000)
-

(344,000)

(376,000)

(490,000)

376,000

796,000

1,063,500

1,212,500

1,384,500

400,000

776,000

1,572,000

2,635,500

3,848,000

776,000

1,572,000

2,635,500

3,848,000

5,232,500