Professional Documents
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Ompany: A Casual Attitude Towards Comfort and Safety
Ompany: A Casual Attitude Towards Comfort and Safety
Prepared by:
Omar Abbas Ahmad Abu-Obeid Thaer Tafesh
Subhi Khader Hazem Ajarma
ISC Company
FOR THE MONTH ENDED MARCH 31,2010
INDEX
Page
Item 3 Notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
2
Letter from your CEO
3
Balance Sheet for 3 months at the end
of 31-March-2010
Assets:
current assets: Notes JD
Cash A/R Note 5 8,134,125
Inventories 4,646,400
Note 6 300,000
total current 13,080,525
Non-current
assets: Land-at cost
Buildings-at cost 150,000
Acc.dep. 300,000
Equipment of R and
5,000
D-at cost
Acc.dep. 300,000
Equipment of Factory-
5,000
at cost
Acc.dep. 28,800,000
Patent 466,667
NOTE 7 235,000
total non-
current 29,308,333
current
liabilities:
interest
payable 537,413
Non-current
liabilities
Stockholders'
Equity
Investments 11,851,445
2
Income statement
for the 3 months ended March 31/2010
JD JD Notes
27,878,400 Revenue
19,031,040 NOTE 1 Co.G.S
8,847,360 Gross Profit
Operating Exp.
2,160,000 NOTE 2 salaries exp.
8,376 Rent warehousing exp.
24,999 Acc. Dep.
2,343,375 150,000 NOTE 3 Other exp.
6,503,985 Income before dep.
3
NOTE(1)
MATERIAL COSTS
COST PER
RATIO UNIT(JOD) MATERIAL NAME
20% 80JD metal structure
9% 36JD foam
3% 12JD stickings
18% 72JD climate system
15% 60JD Safetey system (inflatable child seats)
15% 60JD electronic components
20% 80JD TV's 13
4
NOTE (2)
NUMBER OF DEPARTMENT
EMPLOYEES NAME
25 HR
200 selling
500 production
150 R &D
SALARIES EXPENSES
$ $
DATE CREDIT DEBIT
SALARIES EXPENSE(purchasing &
31/1 50000 warehousning )DEPARTMENT
50000 CASH
CREDIT DEBIT
31/1 30000 SALARIES EXPENSES (HR DEPARTMENT )
30000 CASH
CREDIT DEBIT
31/1 300000 SALARIES EXPENSES (SELLING DEPARTMENT)
300000 CASH
5
CREDIT DEBIT
31/1 200000 SALARIES EXPENSES (PRODUCTION DEPARTMENT )
200000 CASH
CREDIT DEBIT
31/1 40000 SALARIES EXPENSES (FINANCE AND ACCOUNTING DEPARTMENT )
40000 CASH
CREDIT DEBIT
31/1 300000 SALARIES EXPENSES (R $ B )
300000 CASH
6
NOTE (3)
Other Expenses
R & D: 90,000
Advertisement: 36,000
Transportation: 20,000
NOTE (4)
NOTE (5)
Cash inflow :
Cash outflow
(18,732,000+2,760,000+8,376+24,999+150,000+450,000+28,800,000) = 50925375 JD
7
NOTE (6)
INVENTORIES
NOTE (7)
Intangible asset
PANTENT 235,000 :
Contingent liability
Note (8):
(After that xyz filled a law suit and after consulting our attorney it turned
out that the 1.5 million law suit liability is only likely to occur .the Xyz
Company is accusing us of copying these inflatable seats that are not
designed for cars but has similar materials)
8
NOTE (9)
BOND
Date Cash paid 8% Interest expence 6% Premium amortized Carrying ammount of bonds
35,827,500 1/1/2010
35,577,150 250,350 2,149,650 2,400,000 12/31/2010
35,311,779 265,371 2,134,629 2,400,000 12/31/2011
35,030,486 281,293 2,118,707 2,400,000 12/31/2012
9
Marketing plan
Market description:
Product Review:
Competitive Review:
Competitive analysis:
The main competitor in our market is Jonson control, this company already sells to
our targeted customers "BMW, Bently, Mercedes, and Maybach".
Jonson control contains the majority of the market share and is a huge international
multi sale.
10
Strengths, Weaknesses, Opportunities, and Threats Analysis
Weaknesses Strengths
Lake Brand awareness & Image. High technological features.
Low experience New working methods
'environmental'.
Highly qualified work force.
competitive price.
Threats Opportunities
Jonson future planed innovations,
control may compete our innovative allow us to gain our
ideas by introducing better features competitor main customers.
to the market.
Marketing Strategy
Positioning:
Competitor:
Car Seats
Jonson control "@"
Perceptualmap:
Provides comforts
Our company
11
@
Experience
The product itself that provide, comfortable car seats, with high quality,
uniqueness and value.
Place:
Jordan.
Promotion:
Price:
12
Investor Information
Formoreinformation:
Via e-mail
o Mercedes_mp4@hotmail.com
Via phone:
o 00962-0795496178
13