Statement and Notes

Furniture and Fixtures
Office Equipment
Factory Equipement
Organizational Cost
Taxes and Licenses
Working Capital
Uniform Expenses
Temporary Restricted Fund
Rent Deposit
Contingency Fund
TOTAL PROJECT COST
Greenify Inc.
Schedule 1
Project Cost
Note
1a
1b
1c
1d
1e
1f
1g
6,570.00
87,529.00
576,750.00
16,135.00
6,400.00
203,727.95
3,480.00
80,000.00
10,000.00
9,408.05
1,000,000.00
Greenify Inc.
Note 1a: Furniture and Fixtures
Clerical Chair
Computer Desk
Monoblock Chair
TOTAL COST
ures
1,680.00
2,040.00
2,850.00
6,570.00
Greenify Inc.
Note 1b: Office Equipment
Desktop Computer Set
All-in-one Printer
Split Type Air Conditioner
Water Dispenser
Fire Extinguisher
CCTV Camera
TOTAL COST
nt
44,000.00
4,130.00
22,980.00
5,130.00
1,215.00
10,074.00
87,529.00
Greenify Inc.
Note 1c: Factory Equipment
High Quality Hammer Mill Pulverizer
Chopstick Molding Machinery
Mixing Machinery
Mini Delivery Truck
TOTAL
nt
104,500.00
340,000.00
52,250.00
80,000.00
576,750.00
Greenify Inc.
Note 1d Organizational Cost
Reservational Fee
Stamping
Articles of Incorporation
By-Laws
CPA Fee
Attorney Fee
TOTAL
ost
120.00
15.00
500.00
500.00
12,000.00
3,000.00
16,135.00
Greenify Inc.
Note 1e Taxes and Licenses
Mayor's permit fee
Garbage charges
Sanitary inspection fee
Sanitary permit fee
Electrical inspection fee
Inspection fee
Plate/Sticker
Health Certification fee
Occupation fee
Zoning clearance fee
Weight and measures
Barangay Clearance fee
Others
TOTAL
es
1,000.00
1,000.00
600.00
200.00
50.00
100.00
150.00
1,000.00
1,000.00
1,000.00
100.00
100.00
100.00
6,400.00
Greenify Inc.
Note 1f: Working Capital
Employee's Salareies
Raw materials purchases
Office Supplies
Office Cleaning Materials
Office Utilities
SSS, PhilHealth, HDMF
Marketing
Maintenance & Repairs
TOTAL
Schedule
1f.1
1f.2
1f.3
1f.4
1f.5
1f.6
al
94,712.25
48,750.00
7,115.00
1,649.00
8,350.00
7,689.60
10,900.00
24,562.10
203,727.95
Greenify Inc.
Schedule 1f.1 Employee's Salaries
General Manager
Bookkeeper
Sales and Marketing Supervisor
Accountant
Security
Utilities
Production Workers
TOTAL
10,875.00
7,764.75
9,787.50
5,000.00
7,348.25
7,348.25
46,588.50
94,712.25
Greenify Inc.
Schedule 1f.2 Office Utilities
Ball pen
Bond Paper Short (Rim)
Bond Paper Long (Rim)
Cash Box
Calculator
Carbon Paper
Correction Tape
Document Storage Box
Fastener
Flash Drive (2gb)
Folder (Short)
Folder (Long)
Letter Envelope
Logbook
Note Pad (Pack)
Paper Clip
Pencil (Box)
Puncher
Rubber Band (Box)
Scissor
Sharpener
Stamp Pad With Ink
Stapler
Time Card (Box)
Voucher and Receipts
TOTAL
es
90.00
495.00
555.00
70.00
1,080.00
1,000.00
140.00
350.00
97.00
1,400.00
60.00
140.00
120.00
120.00
112.00
20.00
129.00
451.00
44.50
101.00
16.00
118.00
231.50
55.00
120.00
7,115.00
Greenify Inc.
Schedule 1f.3 Office Cleaning Materials
Broom
Broom Stick
Dust Pan
Garbage Bag Liners
Trash Bin
Floor Map
Soap
Detergent
TOTAL
ing Materials
340.00
100.00
66.00
309.00
429.00
250.00
110.00
45.00
1,649.00
Greenify Inc.
Schedule 1f.4 Office Uilities
Internet and Telephone bill
Water bill
Electricity bill
TOTAL
1,000.00
350.00
7,000.00
8,350.00
Greenify Inc.
Schedule 1f.6 Uniform Expenses
General Manager
Sales and Marketing Supervisor
Bookkeeper
Producting Worker
TOTAL
1,055.30
969.20
809.30
4,855.80
7,689.60
Greenify Inc.
Note 1g: Uniform Expenses
Factory Uniform
Hand Gloves
Dust Masks
TOTAL
2,100.00
1,020.00
360.00
3,480.00
Greenify Inc.
Schedule 1f.7 Marketing
Promotional Activity
Tarpaulin print out
TOTAL
10,000.00
900.00
10,900.00
Cash and Cash Equivalent

Receivables (Net)
Inventories
Total Current Assets
Property, Plant, & Equipment
Other Noncurrent Assets
Total Noncurrent Assets
Total Assets
Trade & Other Payables
Total Current Liabilities
Loan Payable
Total Noncurrent Liabilities
Total Liabilities
Share Capital
Retained Earnings
Total Shareholders Equity
Total Liabilities and Shareholders Equity
Preoperation
Greenify Inc.
Exhibit 1
Statement of Financial Position
2017
239,151.00
2018
239,151.00
0.00
0.00
670,849.00
90,000.00
760,849.00
1,000,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
250,000.00
250,000.00
250,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
750,000.00
750,000.00
1,000,000.00
2019
2020
2021
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
C
Uniform Expenses
Tax and Licenses
Organizational Cost
Working Capital
Contingency Fund
Ending Cash Balance
Preoperation
3,480.00
6,400.00
16,135.00
203,727.95
9,408.05
239,151.00
Greenify Inc.
Note 4
Cash and Cash Equivalents
2017
2018
0.00
2019
2020
0.00
2021
0.00
0.00
Total Receivables
Less: Bad Debts
Net Accounts Receivable
Greenify Inc.
Note 5
Net Receivables
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Finished Goods Inventory, beg.

Total Goods Available for Sale
Cost of Goods Sold
Finished Goods Inventory, end.
Greenify Inc.
Note 6
Inventories
Preoperation
2017
0.00
2018
0.00
0.00
2019
2020
0.00
2021
0.00
0.00
Pr
Cost: Furniture and Fixtures
Cost: Office Equipment
Cost: Factory Equipment
Net Book Value
Preoperation
6,570.00
87,529.00
576,750.00
670,849.00
Greenify Inc.
Note 7
Property, Plant, and Equipment
2017
2018
0.00
2019
2020
0.00
2021
0.00
0.00
Loans Payable
Total Noncurrent Liabilities
Preoperation
250000
250,000.00
Greenify Inc.
Note 8
Noncurrent Liabilities
2017
2018
#REF!
2019
2020
#REF!
2021
#REF!
#REF!
Retained Earnings, Beg. Balance

Add: Net Income
Less: Dividends
Retained Earnings, Ending Balance
Preoperation
0.00
0.00
0.00
0.00
Greenify Inc.
Note 9
Retained Earnings
2017
2018
0.00
2019
2020
0.00
2021
0.00
0.00
Statem
Sales
Less: Cost of Goods Sold
Gross Profit
Add: Other Income
Less: Operating Expense
General and Administrative Expense
Selling and Marketing Expenses
Net Income before Tax
Less: Tax Expense
Net Income before Tax
Greenify Inc.
Exhibit 2
Statement of Comprehensive Income
Preoperation
2017
2018
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
160,754.35
0.00
-160,754.35
-48,226.31
-112,528.05
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2019
2020
2021
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Direct Materials Used

Direct Labor
Manufacturing Overhead
Total Manufacturing Cost
Add: Finished Goods Inventory, beg.
Less: Finished Goods Inventory, end.
Cost of Goods Sold
Greenify Inc.
Note 10
Cost of Goods Sold
2017
Preoperation
2018
0.00
0.00
0.00
0.00
2019
2020
2021
0.00
0.00
0.00
0.00
0.00
0.00
Greenify Inc.
Schedule: Direct Material Used
Preoperation
Net Purchase
Add: Beginning Inventory
Materials Available
Less: Ending Inventory
Total Materials Used
0.00
2017
.
erial Used
2018
0.00
2019
0.00
2020
0.00
2021
0.00
Interest Income
Total Other Income
Greenify Inc.
Note 11
Other Income
2017
Preoperation
0.00
2018
0.00
2019
2020
0.00
2021
0.00
0.00
Gener
Organization Cost
Uniform Expenses
Taxes and Licenses
Salaries and Wages
Employer's Contribution
Doubtful Accounts
13th month pay
Office Supplies
Office Utilities
Repairs and Maintenance
Total
Greenify Inc.
Note 12
General and Administrative Expenses
Preoperation
16,135.00
3,480.00
6,400.00
94,712.25
7,115.00
8,350.00
24562.1
160,754.35
2017
2018
0.00
2019
2020
0.00
2021
0.00
0.00
Se
Advertising Expense
Program Expenses
Salaries and Wages
Employer's Contribution
13th Month Pay
Gas and Oil
Total
Greenify Inc.
Note 13
Selling and Marketing Expenses
2017
2018
Preoperation
0.00
0.00
2019
2020
0.00
2021
0.00
0.00
St
Preoperation
Cash Flow from Operating Activities
Cash Flow from Investing Activities
Cash Flow Used from Financial Activities
Change in Cash
Add: Cash Balance, Beginning
Cash Balance, End
0.00
-760,849.00
1,000,000.00
239,151.00
0.00
239,151.00
Greenify Inc.
Exhibit 3
Statement of Cash Flow
2017
0.00
0.00
0.00
2018
0.00
0.00
0.00
2019
0.00
0.00
0.00
2020
0.00
0.00
0.00
2021
0.00
0.00
0.00
Cash Sales
Accounts Receivable
Total Cash Inflows
Input VAT
Cash Purchases
Payment of Accounts Payable
Payment of Salaries and Wages
Payment of Organizational Cost
Payment of SSS, EC, PhilHealth, and Pag-ibig
Payment of Employees Rewards
Payment of Office Supplies
Payment of Fees and Licenses
Payment of Utilities Expense
Payment of Advertising Expense
Payment of Rent Expense
Payment of Gas and Oil
Payment of Cleaning Supplies
Payment of Repairs and Maintenance
Payment of Miscellaneous Expense
Payment of Tools
Payment of VAT
Total Cash Outflows
Net Cash Provided by Operating Activities
Greenify Inc.
Note 15
Operating Activities
2017
Preoperation
2018
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2019
2020
2021
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Payment of Machineries and Equipment

Payment of Furnitures and Fixtures
Net Cash Provided by Investing Activities
Greenify Inc.
Note 16
Investing Activities
2017
Preoperation
0.00
0.00
2018
0.00
2019
2020
0.00
2021
0.00
0.00
Issuing of Shares
Initial Investment (Sch.)
Withdrawal
Net Cash Provided by Financing Activities
Greenify Inc.
Note 17
Financing Activities
2017
Preoperation
0.00
0.00
2018
0.00
2019
2020
0.00
2021
0.00
0.00
Statement
Beginning Balance
Add: Net Income
Less: Dividend
Ending Balance
Preoperation
Greenify Inc.
Exhibit 4
Statement of Changes in Shareholders' Equity
2017
2018
0.00
0.00
ity
2019
2020
0.00
2021
0.00
0.00

Statement and Notes

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Statement and Notes

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Furniture and Fixtures

Cash and Cash Equivalent

Finished Goods Inventory, beg.

Retained Earnings, Beg. Balance

Direct Materials Used

Payment of Machineries and Equipment

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