BUDGET PROPOSAL

BUDGET
PROPOSAL

8/8/2017 STREET WISE (PTY) LTD

OPTIC FIBRES AND TOWRS

 BUDGET PROPOSAL

BUDGET PROPOSAL
STREET WISE (PTY) LTD

PROJECT DESCRIPTION
Streetwise (Pty) Ltd is a well-known company and its vision to strive in optic fibers and towers with
cooperation of well-known clients such as HUAWEI; ERICSON; VODACOM and light fiber.
We want to expand our business throughout South Africa creating more job opportunities. We are BEE
level 3and have a well-known reputation for our excellence. Striving to be the turn key sub-contractor.

PERIOD OF PERFORMANCE
Fibre laying is an ever-changing process due to technology upgrades and hence presents an everlasting
opportunities. Streetwise as a self-owned company can expand and profit out of ever changing
opportunities in the laying of optic fibre and the construction of towers.

COST ELEMENTS
Justification:
All the above and more is required for better performance and execution of tasks on hand. Our main goal
is to provide professional and dedicated performance - Striving to be better than our competitors.

COST SUMMARY
DESCRIPTION QUANTITY PRICE PER ITEM PRICE PER
QUANTITY

Handlers 50 R132.70 R6,635.00

Shovels 50 R147.35 R7,367.50
Raikes 20 R86.90 R1,738.00
Wheelbarrow 10 R851.00 R8,510
Water dispensers 8 R211.00 R1,688.00
 BUDGET PROPOSAL

Barication (50m) 60 R361.50 R21,690.00

Wooden droppers 1500 R8.30 R12,450.00
Men at work signs 2 R1,640.00 R3,280.00
Danger ahead signs 2 R1,640.00 R3,280.00
Slow down signs 4 R1,640.00 R6,560.00
Road cones 50 R387.00 R19,350.00
First aid box (full) 4 R800.00 R3,200.00
PEE R7,905.75
Gloves 100 R36.00 R3,600.00
Ear plugs 100 R33.00 R3,300.00
Dust mask 1000 R8.00 R8,000.00
Reflecting bibs 50 R110.00 R5,500.00
Overalls 50 R240.00 R12,000.00
Safty shoes 50 R550.00 R27,500.00
EQUIPMENT R977.00
Vechiles 3 R80,000.00 R460,000.0 0
Compactors 4 R8,500.00 R34,000.00
Pokkers 2 R6,890.00 R13,780.00
Water car/Bouwser 1 R75,000.0 0 R 75,000.00
Laptops 1 R18,000.00 R18,000.00
Printer 1 R8,500.00 R8,500.00
R196,860.0 0
TOTAL R764,928.50

Company Cell Phone: 1unit R 8000.00

All Prices are Excluding VAT

WAGES OF EMPLOYEES: TEAM 01 & 02

A Team consist of 23 casuals, 2(Two) supervisors and 1(one) safety officer.

RATES AND TERMS ARE AS FOLLOWS

PD PW PM
Casuals R120.00 R720.00 R2,880.00
Supervisor R900.00 R3,600.00 R3,600.00
Safety Officer R900.00 R3,600.00 R3,600.00

Cost Element Total Estimated Cost

Direct Labour 154,080.00

Equipment & Materials (One Time) 772,928.50
Consumables and OPEX requirements 560,000.00
Total 1,487,008.50

LOAN REPAYMENT PLAN

Required loan amount - 1.5 million

To be paid back
Principal amount + Interest calculated at Prime plus 2% (accruing every month and to be paid back at
the end of 12th month)

Yours Sincerely

Siviwe Sowazi
2017 - Fibre Installation Month
1 2 3 4 5 6 7 8 9 10 11 12
Revenue 280 per meter 1,400,000.00 1,680,000.00 2,240,000.00 2,240,000.00 2,240,000.00 2,240,000.00 2,240,000.00 2,240,000.00 2,240,000.00 2,240,000.00 2,240,000.00 2,240,000.00
Meter Coverage 5,000.00 6,000.00 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00
COGS 111,077.38 111,077.38 111,077.38 111,077.38 111,077.38 111,077.38 111,077.38 111,077.38 111,077.38 111,077.38 111,077.38 111,077.38
Gross Profit 1,288,922.63 1,568,922.63 2,128,922.63 2,128,922.63 2,128,922.63 2,128,922.63 2,128,922.63 2,128,922.63 2,128,922.63 2,128,922.63 2,128,922.63 2,128,922.63
SG&A 179,080.00 179,080.00 179,080.00 179,080.00 179,080.00 179,080.00 179,080.00 179,080.00 179,080.00 179,080.00 179,080.00 179,080.00
EBITDA 1,109,842.63 1,389,842.63 1,949,842.63 1,949,842.63 1,949,842.63 1,949,842.63 1,949,842.63 1,949,842.63 1,949,842.63 1,949,842.63 1,949,842.63 1,949,842.63
Other Expenses 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00
Interest 60,000.00 60,000.00 60,000.00 - - - - - - - - -
EBT 999,842.63 1,279,842.63 1,839,842.63 1,899,842.63 1,899,842.63 1,899,842.63 1,899,842.63 1,899,842.63 1,899,842.63 1,899,842.63 1,899,842.63 1,899,842.63
Taxes 28% 279,955.94 358,355.94 515,155.94 531,955.94 531,955.94 531,955.94 531,955.94 531,955.94 531,955.94 531,955.94 531,955.94 531,955.94
NOPAT 719,886.69 921,486.69 1,324,686.69 1,367,886.69 1,367,886.69 1,367,886.69 1,367,886.69 1,367,886.69 1,367,886.69 1,367,886.69 1,367,886.69 1,367,886.69

Loan 1,500,000.00 Rands

Duration 3 months
Interest 12%
180,000.00
60,000.00 /month
BUDGET PROPOSAL