Income Statement

For the year ended Year 1 Year 2 Year 3 Year 4

Particulars
Sales 600,000 693,000 800,415 924,479
Less: COGS 240,000 274,560 314,097 359,327

Gross Profit (GP) 360,000 418,440 486,318 565,153

Less: Other operating/Indirect expen 120,000 126,400 133,328 140,835

EBITDA 240,000 292,040 352,990 424,318

Less: Depreciation & Amortisation 100,000 100,000 100,000 100,000

EBIT 140,000 192,040 252,990 324,318

Less: Interest 20,000 15,000 10,000 5,000

EBT 120,000 177,040 242,990 319,318

Less: Tax 12,000 17,704 24,299 31,932

EAT 108,000 159,336 218,691 287,386

Year 5

1,067,774
411,070

656,704
148,975

507,729
100,000

407,729
-
ALT HK
407,729 ALT H 9
40,773

366,956
Balance Sheet
For the year ended Year 1 Year 2 Year 3 Year 4 Year 5
Particulars
LIABLITIES

EQUITY 300,000 300,000 300,000 300,000 300,000

RESERVES AND SURPLUS 108,000 267,336 534,672 910,008 1,069,344
DEBT 150,000 100,000 50,000 - -

TOTAL LIABLITIES 558,000.00 667,336.00 884,672.00 1,210,008.00 1,369,344.00

ASSETS 400,000 30,000 200,000 100,000

-
FIXED ASSETS 400000 300000 200000 100000 0

CASH 108000 309586 569326.074 896373.768206 1351388.48696

DEBTORS 50000 57,750 66,701 77,040 88,981

TOTAL ASSETS 450,000.00 87,750.00 266,701.25 177,039.94 88,981.14

CHECKSUM 108,000.00

NWC 108,000.00 579,586.00 617,970.75 1,032,968.06 1,280,362.86

-

-
Cash Flow Statement
For the year ended Year 1 Year 2 Year 3 Year 4 Year 5
Particulars
Cash flow from operating activities (OA)
EAT 108,000 159,336 218,691 287,386 366,956
Add: Interest 20,000 15,000 10,000 5,000 -
Add: Depreciation & Amortisation 100,000 100,000 100,000 100,000 100,000
Less: Increase in debtors (WC adjust - 50,000 - 7,750 - 8,951 - 10,339 - 11,941
Cash generated from OA 178,000 266,586 319,740 382,048 455,015

Cash flow from investing activities (IA)

Purchase of fixed assets - 500,000 - - - -
Cash generated from IA - 500,000 - - - -

Cash flow from financing activities (FA)

Issue of equity 300,000
Loan taken 200,000 - - - -
Less: Loan repaid - 50,000 - 50,000 - 50,000 - 50,000 -
Less: Interest paid on loan - 20,000 - 15,000 - 10,000 - 5,000 -
Cash generated from FA 430,000 - 65,000 - 60,000 - 55,000 -

Net cash generated 108,000 201,586 259,740 327,048 455,015

Opening cash - 108,000 309,586 569,326 896,374
Closing cash balance 108,000 309,586 569,326 896,374 1,351,388