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Excel-Financial-Model (EFM)
Version: "Digital Economy"
www.excel-financial-model.com
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Version 2.01 - Free Trial Version

"The easy way to create financial forecasts
when launching or running a business"
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Please read before using this Software
LEGAL DISCLAIMER
No information contained in this Software (as defined below) or obtained from Smart Cap GmbH or Fimovi should be considered as financial,
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below. The use of this Software is conditional upon the irrevocable and constant compliance by the user with the terms and conditions of the licence
agreement.
LICENSE AGREEMENT
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Company Profile and Contact
COMPANY PROFILE
Financial Modelling Videos enables its customers to develop flexible and robust financial plans and cash flow models using Excel. The Germany based
company provides a broad range of financial modelling related services for clients across many industry sectors.
Our financial modelling video training courses are “hands-on” with users learning concepts by building Excel financial models from scratch.
Our templates and excel tools are designed and built to be flexible, future proof, robust and user‐friendly.
Our practical training services, like seminars and workshops, enable entrepreneurs, corporate clients, and investors to build financial models applying
best practices. These tools support and enhance their business decisions, transactions and strategies.
What Financial Modelling Videos can do for you:

• Ready-to-use Excel tools and templates for corporate planning, budgeting, valuation, cash flow planning and project finance
• Development of tailor-made, individual models
• Model review, optimization and audit
• Seminars and workshops
Fimovi - offered by Smart Cap GmbH
Website: www.excel-financial-model.com
Email: efm@excel-financial-model.com
© Copyright 2011 - 2017, Smart Cap GmbH

Excel-Financial-Model (EFM)
"The easy way to create financial

forecasts when launching or
running a business"
Difference between Trial version and Commercial versio
1. Feature / Function
Planning period (model life time)
Timing parameters
(i.e. model start + last month of financial year)
Planning currency
Number of independent offerings planable

Protection & Adaptability
Customization
Time-saving macros
2. Output sheets / Summaries
Profit & Loss, Cashflow and Balance Sheet
Key Performance Indicators (KPIs)
Working Capital & Cash Conversion Cycle (CCC)
3. Support and Updates
Support
Updates
only
US$ 15
- Instant Download
- Full functionality
- Freely customizable & exten
- Lifetime Updates
d Commercial version of Excel-Financial-Model (EFM-DE)
Free Trial Version
Restricted to 24 months max.
Timing parameters cannot be changed
Cannot be changed
Only one single product/service

Only input cells can be changed, all other cells are
password-protected (with all formulas visible)
Not possible, all sheets are password-protected
No time-saving macros included
Free Trial Version

Only 24 months, no drill-down functionality,
not editable
not included
not included
Free Trial Version
No support
No updates
only
US$ 150.00
- Instant Download
- Full functionality
- Freely customizable & extendable
- Lifetime Updates
odel (EFM-DE)
Full Commercial Version
up to 64 months (5 years)
All timing parameters fully adjustable
Any planning currency can be freely selected
Up to 4 different, independent products/services (base +

upgrade) available for planning
All cells are accessible and editable
Freely customizable & extendable (edit sheets,

insert new sheets, paste in own sheets etc.)
Includes time-saving macros

Up to 60 months (5 years), drill-down functionality,
fully editable
Automatic calculation of numerous KPIs regarding

liquidity & coverage, income / profitability, etc.
Automatic calculation of Days Sales Outstanding

(DSO), Days Inventory Held (DIH), Days Payable
Outstanding (DPO), and CCC
30 days technical support
Lifetime free updates

Important Notice
Quick Start Guide
This quick start guide is designed for all users to provide an overview of the layout and structure of Excel Financial Model as well as the basic steps (chronology)
of the planning process. This short introduction cannot replace the comprehensive Users Manual.
For more detailed information users are strongly encouraged to read the Users Manual.
A - Layout and Structure of EFM

The below screenshot shows the layout and structure of the model. Please note the colour code used for the different worksheets.
Numbers outline the recommended order of planning steps in preparing a new model. It is recommended to input all financing assumptions at the end of the
planning process as funding requirements depend on all other input data (see Building a new model - How to proceed).

B Inputs & Removal of Worksheet Protection
Apart from (optional) one-time modifications on sheet “Index”, like e.g. inserting your own logo, disclaimer and contact details, inputs are only necessary and
possible on yellow coloured worksheets (= input sheets).
Within these individual input sheets, data entry is only permitted in input cells,
which are clearly recognizable by a consistent format (see below screenshot
=> cell style “Input”).
In “delivery state” all worksheets are password protected. To unprotect one or more worksheets please use the password: “0000”
C Building a new model - How to proceed
1. Open Excel-Financial-Model and save new file
To start constructing a new model, load the original xlsm-file and immediately save it with an appropriate new file name.
2. Remove all existing assumptions and input data

As the original file comes with a fictive example planning, click the button „New planning - erase all input data“ on sheet “Inputs”. After running this macro
(which may take 20 to 30 seconds) you will have an empty template.
3. Enter general model assumptions

Go to sheet “Inputs” and fill in the general model assumptions. Important: Default currency and denomination should not be changed later on as input values
(currencies) will not be converted. Only variable descriptions and unit descriptions will change accordingly.
4. Enter assumptions for products and services

On sheet “Inputs” you can enter all assumptions for up to 4 different offerings. The four products/services are independent and can individually be switched on
and off. This means that it is not necessary to delete all input data when a certain product will not be needed, for example when testing different scenarios etc.
(simply switch offerings on or off). Note: You will find the individual description of each offering in the P&L and other summary sheets. Therefore you may want
to leave the corresponding input field blank, if an offering will not be used at all.
5. Enter assumptions for human resources

On Sheet “Inputs” fill in names or position for the two divisions "Research & Development Staff" and "General & Administration Staff". Note: Base salary has to
be for 12 months, without income taxes and social insurances. The detailed staff planning (monthly deployment schedule) will be done later on sheet “Human
Resources”. Fill in percentage for income taxes & social insurances and assumptions for “Other Staff Costs” (optional).
6. Enter financing assumptions
Financing Assumptions should be entered at the end of the planning process as funding requirements depend on all other input data. To avoid funding
shortfalls during the planning process we recommend to temporarily set “Initial Equity” to a very high number (e.g. 2 million) and set cash-in at first month to
“NO” (please refer to the manual for more details on the funding waterfall).
7. Enter tax assumptions
On Sheet “Inputs” fill in the remaining assumptions regarding taxes. These inputs can be easily changed at any time during or after the planning process. Be
aware that any change later on may have (positive or negative) effects on funding requirements.
8. Enter assumptions for inventory planning and opening balance
If you would like to include detailed inventory planning, please activate corresponding selection on sheet “Inputs”. Profit & Loss items and Balance Sheet items
can be planned later on. The opening balance is optional. For “new” companies (foundations) or projects leave input cells blank.
9. Enter New Customers (or Sales Units)
Read Users
Go Guide for“Offering
to sheet more information!
1” and enter the number of new customers for each Quick
monthStart Seite 8 / 268
(this has to be done for each offering 1 to 4, if used). In case you are planning
(one-time) sales of e.g. physical products or services, the description (unit) of this row would be pieces, liters, kg, or man-days sold per period (= month) rather
than new customers.
“NO” (please refer to the manual for more details on the funding waterfall).
7. Enter tax assumptions
On Sheet “Inputs” fill in the remaining assumptions regarding taxes. These inputs can be easily changed at any time during or after the planning process. Be
aware that any change later on may have (positive or negative) effects on funding requirements.
8. Enter assumptions for inventory planning and opening balance

If you would like to include detailed inventory planning, please activate corresponding selection on sheet “Inputs”. Profit & Loss items and Balance Sheet items
can be planned later on. The opening balance is optional. For “new” companies (foundations) or projects leave input cells blank.
9. Enter New Customers (or Sales Units)
Go to sheet “Offering 1” and enter the number of new customers for each month (this has to be done for each offering 1 to 4, if used). In case you are planning
(one-time) sales of e.g. physical products or services, the description (unit) of this row would be pieces, liters, kg, or man-days sold per period (= month) rather
than new customers.
10. Enter monthly personnel deployment schedule
Go to sheet “Human Resources” and decide for each position/employee whether social security contributions should be calculated and fill in monthly number
and availability ("Direct Labour Staff" and "Marketing and Sales Staff" will be calculated automatically based on your inputs).
11. Enter indirect costs (Overheads)
Go to sheet “Costs” to enter all indirect costs. There are 3 different groups (1. Marketing & Sales, 2. Research & Development and 3. General & Administration).
Variable descriptions (input cells) can be changed according to your needs. Note: Payroll costs are directly linked from sheet “Human Resources” (no input
here).
12. Enter capital expenditures

Go to sheet “Capex” to enter capital expenditures. You will find separate groups for intangible, tangible and financial assets. There are also options for finance
lease, sale of assets and capitalization of company produced assets (refer to the manual for any details).
13. Enter financing assumption (final step)

Before going to sheet “Financing” to fine-tune funding sources and structure, enter tax advances (prepayments) on sheet “Inputs”. Below the input row you can
see the actual amounts, calculated by the tool based on your inputs and assumptions.
Back on sheet “Financing” the drawdown of capital tranches is organized by a default funding waterfall (= funding cascade). After calculation of monthly
funding needs, equity will be used first, followed by different debt tranches and an overdraft facility at the end of the cascade.
Read Users Guide for more information! Quick Start Seite 9 / 268
Integrated Financial Projections => replace by your own logo
and delete this text
Company name WonderApp Ltd. Author TR

Legal form Limited File name #VALUE!
Model name Fictitious 5 Year Forecast Last update 15 January 2017
Sheet No. Sheet Content Link to Sheet

1 Quick Start Guide of EFM Quick Start
2 Index (This Sheet) Index
3 Executive Summary Summary 01
4 Income Statement (overview) Summary 02
5 Cash Flow (overview) Summary 03
6 Balance Sheet (overview) Summary 04
7 Sales Summary and Metrics Sales Summ
8 Model Assumptions Inputs
9 Customers & Sales Calculations Offering 1 Offering 1
13 Personnel schedules and costs Human Resources
14 Operating Expenses (Overheads) Costs
15 Capital Expenditures and Depreciation Capex
16 Funding Financing
17 Integrated Financial Statements (monthly) IFS
18 Receivables and Payables Debtors+Creditors
19 Input/Output tax & Tax on Profit Taxes
20 Timing Master Timing
21 Formatting Styles, Constants, Lookup Tables Formats
Legal Disclaimer
=> fill in your own disclaimer here !
Contact
=> fill in your own contact data here !
www.excel-financial-model.com Index Seite 10 / 268

Financial Forecast - WonderApp Ltd.
Model: Fictitious 5 Year Forecast Go to table of contents Company: WonderApp Ltd. File Name: ###
Model Integrity: Fail Go to error checks Model Name: Fictitious 5 Year Forecast Last updated: 1/15/2017
Capital Requirement and Funding Sources of Funds
Sources of Funds in USD in %
1. Equity 230,000 40.5%

Share Capital 230,000 40.5%
2. Debt 337,742 59.5%
Debt: EasyCredit 7,742 1.4%
Debt: URB Bank 70,000 12.3%
Debt: FounderBank 110,000 19.4%
Debt: Shareholder Loan 50,000 8.8%
Overdraft Facility 100,000 17.6%
Total Funding 567,742 100.0%
Funding Structure
Total Funding Requirement (USD) 567,742 100.0% 41%
thereof debt 337,742 59.5% Debt Equity
thereof equity 230,000 40.5% 59%
Gearing (debt equity ratio) 1.5 :1
Sources and Uses during first 12 months

12 months commencing in Feb 2018
SOURCES in USD in % Bar Chart USES in USD in % Bar Chart
Cash collected from sales (incl. VAT) 169,983 23.3% Revenue share 13,215 1.8%
Advances received 1,500 0.2% Cost of Sales (incl. VAT) 50,045 6.9%
Other operating & extraordinary income 2,750 0.4% Changes in inventory (incl. VAT) 26,819 3.7%
Fixed asset disposals - - Overheads (incl. VAT) 366,619 50.3%
Interest received on cash deposits 251 0.0% Direct labor costs (w/o social insurance+income t 65,265 9.0%
VAT recovered from tax authority - - Social insurance & income tax (PAYE/Payroll wit 45,350 6.2%
Share Capital 230,000 31.5% Extraordinary expenses - -
Debt: EasyCredit 7,742 1.1% Capital Expenditure (incl. VAT) 202,140 27.7%
Debt: URB Bank 70,000 9.6% Finance lease (charges & repayments) 6,500 0.9%
Debt: FounderBank 110,000 15.1% Advance payments & utilisation of accruals - -
Debt: Shareholder Loan - - Interest + Financing Costs 7,375 1.0%
Overdraft Facility 136,987 18.8% Principal payments 38,314 5.3%
VAT paid to tax authority 9,274 1.3%
Taxes on income paid 5,000 0.7%
Liquidity/cash reserve (106,700) (14.6%)
Dividend payout - -
Total Sources 729,214 100.0% Total Uses 729,214 100.0%
Check: Sources = Uses Ok -
www.excel-financial-model.com Summary 01 11 / 268

Income Statement
(all currency in USD) FY 2017 in % FY 2018 in % available in commercial version only
(last month in fiscal year: Nov) ###
Revenue 391,429 100.0% 1,282,291 100.0%
- WonderApp 391,429 100.0% 1,282,291 100.0%
- WonderMoreX - - - -
- Customizing Services - - - -
- FutureApp - - - -
Cost of Sales 86,817 22.2% 300,624 23.4%
Gross Profit 304,612 77.8% 981,668 76.6%
Operating Expenses (Overheads) 303,113 77.4% 675,852 52.7%
- Marketing and Sales 121,332 31.0% 304,309 23.7%
- Research and Development 76,218 19.5% 169,316 13.2% Commercial version will show up to 5 years !
- General and Administration 105,563 27.0% 202,227 15.8%
Trading Profit 1,500 0.4% 305,816 23.8%
Other operating income 2,750 0.7% - -
Bad debts 3,861 1.0% 12,935 1.0%
Profit/loss sale of fixed assets - - 4,500 0.4%
Extraordinary result (6,750) (1.7%) 4,550 0.4%
EBITDA (6,362) (1.6%) 301,930 23.5%
Depreciation & Amortization 8,213 2.1% 28,800 2.2%
Earnings before Interest and Tax (EBIT) (14,574) (3.7%) 273,131 21.3%
Interest 5,085 1.3% 22,659 1.8%
Earnings before Tax (EBT) (19,659) (5.0%) 250,471 19.5%
Taxes on Income - - 43,162 3.4%
Net Profit after Tax (NPAT) (19,659) (5.0%) 207,309 16.2%
cumulated (23,500) (43,159) 164,150
Check (aggregation) Ok
Revenue, Gross Profit and Net Profit (in USD '000)
1,400
1,282
1,200
982
1,000
800
Commercial version will show up to 5 years !
600
391
400
305
207
200
0
FY 2017 (20) FY 2018
-200
Revenue Gross Profit Net Profit after Tax (NPAT)

Company Headcount and Cost of Payroll
Headcount
Headcount FY 2017 FY 2018 available in commercial version only by Division
Total no of Employees (end of FY on FTE basis) 13 24 FY 2017 FY 2018
Change (year to year) 13 12 30
25
Total Cost of payroll
incl. salaries & wages, benefits and other staff costs 20
FY 2017 FY 2018 available in commercial version only
Division 1 2 15
Direct Labor Staff 55,439 192,619
Marketing and Sales Staff 86,187 258,203 10
Research and Development Staff 60,525 148,302
General and Administration Staff 63,563 144,627 5
Total costs of payroll 265,713 743,750

Indirect Cash Flow (as derived from NPAT) Cash balance during the first 12 months
1 1
(all currency in USD) FY 2017 FY 2018 available in commercial version only (in USD) (commencing in Feb 2018)
(last month in fiscal year: Nov) ###
1. Cash flow from operating activities Year 1 Year 2
150,000
Net Profit after Tax (NPAT) (19,659) 207,309
Depreciation & Amortization 8,213 28,800
Change in working capital (268,059) (875,890)
Change in accounts receivables (253,267) (853,662)
Change in accounts payables 4,079 1,464 100,000
Change in advances received 1,500 2,750

Change in advance payments - (2,250)
Change in inventory / stocks (20,371) (24,193)
Company produced additions - - 50,000
Deferred Revenue - -
Accrued revenue share - -
Change in accruals 6,750 (1,000)
Change in payroll withholdings owed 6,338 5,677
0
Change in income tax liabilities (5,000) 28,162
Change in VAT liabilities (34,725) (20,575)
Net cash flow from operating activities (306,143) (627,516)
2. Cash flow from investing activities -50,000

Capex on intangible assets (118,950) -
Capex on tangible assets (45,000) (50,000)
Capex on financial assets (7,500) (12,000)
Proceeds of assets disposals - 3,000
-100,000
Net cash flow from investing activities (171,450) (59,000)
3. Cash flow from financing activities

Cash receipts from new share capital 230,000 -
Drawdowns on loans 250,593 61,323 -150,000
Principal repayments on loans - -
18
18
18
18
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b
Ap
Fe
Au
Ju
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Finance lease repayments (3,000) (12,000)
D
01
01
01
01
01
01
Dividend payments - -
Net cash flow from financing activities 477,593 49,323 Bank Balance (end of month)
Overdraft Facility (end of month)
Net increase/decrease in cash - (637,193)
Maximum Overdraft (limit)
Cash at the beginning of the period - -
Cash at the end of the period - (637,193)

Balance Sheet
all currency in USD as per end of Nov
Assets FY 2017 FY 2018 available in commercial version only Liabilities & Shareholders Equity FY 2017 FY 2018 available in commercial version only
Non-current Assets 188,237 218,438 Current Liabilities 106,278 284,330

Overdraft Facility 63,013 100,000
Intangible Assets 115,718 103,823 Accruals 6,750 5,750
Tangible Assets 65,020 95,115 Accounts Payables 10,079 11,544
Financial Assets 7,500 19,500 Deferred Revenue - -
VAT liabilities 6,598 122,609
Current Assets 322,461 701,958 Taxes on Income (5,000) 23,162
Other current liabilities 24,838 21,265
Inventory 22,871 47,064 Long-term Liabilities 197,580 221,916
Advance Payments - 2,250
Accounts Receivables 258,267 1,111,929 Shareholders Equity 206,841 414,150
VAT owed to company 41,323 177,909 Share Capital 250,000 250,000
Cash at Bank - (637,193) Retained Earnings (43,159) 164,150
Total Assets 510,698 920,395 Total Liabilities & Shareholders Equity 510,698 920,395
Check: Balance Identity Ok Ok

FY 2017 FY 2017
Income Statement Q-1 Q-2 Q-3 Q-4 Total

(all figures in USD) Period Start 01 Dec 17 01 Jan 18 01 Feb 18 01 Mar 18 01 Apr 18 01 May 18 01 Jun 18 01 Jul 18 01 Aug 18 01 Sep 18 01 Oct 18 01 Nov 18 01 Feb 18
Period End 31 Dec 17 31 Jan 18 28 Feb 18 31 Mar 18 30 Apr 18 31 May 18 30 Jun 18 31 Jul 18 31 Aug 18 30 Sep 18 31 Oct 18 30 Nov 18 30 Nov 18
Revenue
- WonderApp - - 12,325 17,125 22,663 28,458 34,789 41,083 48,198 55,312 62,863 68,614 391,429
- WonderMoreX - - - - - - - - - - - - -
- Customizing Services - - - - - - - - - - - - -
- FutureApp - - - - - - - - - - - - -
Total Revenue - - 12,325 17,125 22,663 28,458 34,789 41,083 48,198 55,312 62,863 68,614 391,429
Cost of Sales
- COGS - - 787 1,167 1,642 2,096 2,591 3,102 3,595 4,129 4,681 5,109 28,898
- Direct labor - - 1,509 2,238 3,149 4,022 4,971 5,950 6,897 7,922 8,980 9,801 55,439
- Shipping, postage & repackaging expense - - - - - - - - - - - - -
- Payment processing fees - - - - - 433 - - 803 - - 1,243 2,480
- Revenue share expense (if billed directly) - - - - - - - - - - - - -
- Other direct costs - - - - - - - - - - - - -
Costs of Sales - - 2,296 3,405 4,791 6,551 7,562 9,052 11,296 12,051 13,662 16,152 86,817
Gross Profit - - 10,029 13,720 17,872 21,907 27,227 32,031 36,902 43,261 49,201 52,462 304,612
Gross profit margin (in %) - - 18.6% 19.9% 21.1% 23.0% 21.7% 22.0% 23.4% 21.8% 21.7% 23.5% 22.2%
Operating Expenses (Overheads)
- Marketing and Sales - - 4,949 8,251 15,761 12,293 10,955 12,251 12,364 13,625 14,925 15,957 121,332
Wages & Salaries - - 1,798 3,026 4,040 4,748 5,514 6,306 7,077 7,908 8,767 9,455 58,639
Social security contributions and taxes - - 360 605 808 950 1,103 1,261 1,415 1,582 1,753 1,891 11,728
Other Staff Costs - - 661 910 1,138 1,278 1,475 1,675 1,864 2,078 2,294 2,447 15,820
Sales commission expense - - 180 360 450 468 487 506 526 547 569 592 4,686
Lead generation expense - - 250 500 625 650 676 703 731 760 791 822 6,509
Promotional materials (advertising, brochures etc.) - - 950 950 950 950 950 - - - - - 4,750
Public relations, exhibitions - - - - 7,000 - - - - - - - 7,000
Marketing campaign / Promotion 01 - - - 1,150 - - - 1,050 - - - - 2,200
Marketing campaign / Promotion 02 - - - - - 2,500 - - - - - - 2,500
Communication (Internet, Phone, Mobile etc.) (M&S staff) - - 350 350 350 350 350 350 350 350 350 350 3,500
Travel & Entertainment (M&S staff) - - 400 400 400 400 400 400 400 400 400 400 4,000
Vehicle's costs (M&S staff) - - - - - - - - - - - - -
Miscellaneous 01 - - - - - - - - - - - - -
Miscellaneous 02 - - - - - - - - - - - - -
Miscellaneous 03 - - - - - - - - - - - - -
- Research and Development - - 5,625 5,340 5,355 5,370 5,386 5,402 5,417 13,158 12,574 12,591 76,218
Wages & Salaries - - 2,917 2,917 2,917 2,917 2,917 2,917 2,917 8,333 8,333 8,333 45,417
Social security contributions and taxes - - 583 583 583 583 583 583 583 1,667 1,667 1,667 9,083
Other Staff Costs - - 625 325 325 325 325 325 325 1,550 950 950 6,025
Consultancy - - 1,500 1,515 1,530 1,545 1,561 1,577 1,592 1,608 1,624 1,641 15,693
Design, construction & testing of prototypes - - - - - - - - - - - - -
Materials - - - - - - - - - - - - -
Miscellaneous 01 - - - - - - - - - - - - -
Miscellaneous 02 - - - - - - - - - - - - -
Miscellaneous 03 - - - - - - - - - - - - -
Miscellaneous 04 - - - - - - - - - - - - -
Miscellaneous 05 - - - - - - - - - - - - -
Miscellaneous 06 - - - - - - - - - - - - -
Miscellaneous 07 - - - - - - - - - - - - -
Miscellaneous 08 - - - - - - - - - - - - -
Miscellaneous 09 - - - - - - - - - - - - -
- General and Administration - - 8,354 8,104 8,104 8,104 9,604 12,558 12,308 12,308 12,308 13,808 105,563
Wages & Salaries - - 2,917 2,917 2,917 2,917 2,917 5,833 5,833 5,833 5,833 5,833 43,750
Social security contributions and taxes - - 583 583 583 583 583 1,167 1,167 1,167 1,167 1,167 8,750
Other Staff Costs - - 954 704 704 704 704 1,658 1,408 1,408 1,408 1,408 11,063
Rent and rates - - 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 30,000

FY 2018 FY 2018
Income Statement Q-1 Q-2 Q-3 Q-4 Total

(all figures in USD) 01 Dec 18 01 Mar 19 01 Jun 19 01 Sep 19 01 Dec 18
28 Feb 19 31 May 19 31 Aug 19 30 Nov 19 30 Nov 19
Revenue
- WonderApp 239,651 291,417 346,880 404,343 1,282,291
- WonderMoreX - - - - -
- Customizing Services - - - - -
- FutureApp - - - - -
Total Revenue 239,651 291,417 346,880 404,343 1,282,291
Cost of Sales
- COGS 18,331 22,640 26,990 31,506 99,466
- Direct labor 35,410 43,867 52,295 61,046 192,619
- Shipping, postage & repackaging expense - - - - -
- Payment processing fees 1,575 1,944 2,317 2,703 8,539
- Revenue share expense (if billed directly) - - - - -
- Other direct costs - - - - -
Costs of Sales 55,316 68,450 81,602 95,256 300,624
Gross Profit 184,335 222,967 265,279 309,087 981,668
Gross profit margin (in %) 23.1% 23.5% 23.5% 23.6% 23.4%
- Marketing and Sales 57,627 69,062 86,753 90,866 304,309
Wages & Salaries 33,463 40,678 47,927 55,544 177,612
Social security contributions and taxes 6,693 8,136 9,585 11,109 35,522
Other Staff Costs 8,580 10,333 12,130 14,026 45,068
Sales commission expense 1,922 2,163 2,433 2,736 9,254
Lead generation expense 2,670 3,003 3,379 3,800 12,852
Promotional materials (advertising, brochures etc.) 1,000 - 3,000 1,400 5,400
Public relations, exhibitions - - 5,000 - 5,000
Marketing campaign / Promotion 01 1,050 - 1,050 - 2,100
Marketing campaign / Promotion 02 - 2,500 - - 2,500
Communication (Internet, Phone, Mobile etc.) (M&S staff) 1,050 1,050 1,050 1,050 4,200
Travel & Entertainment (M&S staff) 1,200 1,200 1,200 1,200 4,800
Vehicle's costs (M&S staff) - - - - -
Miscellaneous 01 - - - - -
- Research and Development 38,081 38,338 42,656 50,241 169,316
Wages & Salaries 25,167 25,250 28,196 34,088 112,700
Consultancy 5,021 5,173 5,330 5,491 21,014
Design, construction & testing of prototypes - - - - -
Materials - - - - -
- General and Administration 37,073 51,621 53,771 59,762 202,227
Wages & Salaries 17,617 26,513 26,513 29,458 100,100
Rent and rates 9,000 9,000 12,000 12,000 42,000

Additional property expenses (Power, Heat, Light etc.) - - 900 900 900 900 900 900 900 900 900 900 9,000
Professional fees (Legal, Tax, Audit etc.) - - - - - - 1,500 - - - - 1,500 3,000
Insurances / charges / contributions - - - - - - - - - - - - -
Patents, Trademarks and Licence Fees - - - - - - - - - - - - -
Repairs and maintenance - - - - - - - - - - - - -
Communication (Internet, Phone, Mobile etc.) - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - -
Travel & Entertainment - - - - - - - - - - - - -
Vehicle's costs - - - - - - - - - - - - -
Establishment (Start-up costs) - - - - - - - - - - - - -
Miscellaneous 01 - - - - - - - - - - - - -
Total Overheads - - 18,929 21,695 29,221 25,768 25,945 30,211 30,090 39,092 39,807 42,356 303,113
Trading Profit - - (8,899) (7,975) (11,349) (3,861) 1,282 1,820 6,813 4,169 9,394 10,106 1,500
Other operating income - - - - 2,750 - - - - - - - 2,750
Bad debts - - 110 163 219 280 341 406 477 551 628 687 3,861
Profit/loss sale of fixed assets - - - - - - - - - - - - -
Depreciation & Amortization - - 60 179 179 706 706 706 706 1,163 1,904 1,904 8,213
Operating Profit - - (9,069) (8,316) (8,997) (4,848) 235 708 5,629 2,456 6,862 7,516 (7,824)
Interest payable - - 1,063 63 63 63 63 63 292 511 1,501 1,658 5,336
Interest receivable - - - - - 113 97 41 - - - - 251
Extraordinary expenses - - - - - - - 6,750 - - - - 6,750
Extraordinary income - - - - - - - - - - - - -
Net Profit before Tax - - (10,131) (8,379) (9,059) (4,797) 270 (6,064) 5,337 1,945 5,362 5,857 (19,659)
Taxes on income - - - - - - - - - - - - -
Net Profit after Tax (NPAT) - - (10,131) (8,379) (9,059) (4,797) 270 (6,064) 5,337 1,945 5,362 5,857 (19,659)
cumulated (23,500) (23,500) (23,500) (33,631) (42,010) (51,069) (55,866) (55,597) (61,660) (56,323) (54,378) (49,017) (43,159) (43,159)

Additional property expenses (Power, Heat, Light etc.) 2,700 2,700 3,600 3,600 12,600
Professional fees (Legal, Tax, Audit etc.) - 1,500 - 1,500 3,000
Insurances / charges / contributions - - - - -
Patents, Trademarks and Licence Fees - - - - -
Repairs and maintenance - - - - -
Communication (Internet, Phone, Mobile etc.) - - - - -
Office Supplies - - - - -
Travel & Entertainment - - - - -
Vehicle's costs - - - - -
Establishment (Start-up costs) - - - - -
Total Overheads 132,781 159,021 183,181 200,869 675,852

Trading Profit 51,554 63,946 82,098 108,218 305,816
Other operating income - - - - -
Bad debts 2,404 2,936 3,504 4,091 12,935
Profit/loss sale of fixed assets - - 4,500 - 4,500
Depreciation & Amortization 5,712 7,795 7,676 7,617 28,800
Operating Profit 43,438 53,214 75,418 96,510 268,581
Interest payable 5,456 5,735 5,745 5,724 22,659
Interest receivable - - - - -
Extraordinary expenses - - - - -
Extraordinary income - - 4,550 - 4,550
Net Profit before Tax 37,983 47,479 74,223 90,786 250,471
Taxes on income 10,791 10,791 10,791 10,791 43,162
Net Profit after Tax (NPAT) 27,192 36,689 63,433 79,996 207,309
cumulated (15,967) 20,721 84,154 164,150 164,150
Check (aggregation)

FY 2017 FY 2017 FY 2018
Cash Flow (Direct) Q-1 Q-2 Q-3 Q-4 Total Q-1
(all figures in USD) Period Start 01 Dec 17 01 Jan 18 01 Feb 18 01 Mar 18 01 Apr 18 01 May 18 01 Jun 18 01 Jul 18 01 Aug 18 01 Sep 18 01 Oct 18 01 Nov 18 01 Feb 18 01 Dec 18
Period End 31 Dec 17 31 Jan 18 28 Feb 18 31 Mar 18 30 Apr 18 31 May 18 30 Jun 18 31 Jul 18 31 Aug 18 30 Sep 18 31 Oct 18 30 Nov 18 30 Nov 18 28 Feb 19
Cash Inflows
Cash collected from sales (incl. VAT) - - 2,655 2,307 2,423 27,323 2,655 2,655 48,495 1,821 1,821 73,921 166,074 97,056
Changes in advances received - - - - 3,500 - - - - - (2,000) - 1,500 -
Other operating & extraordinary income - - - - 2,750 - - - - - - - 2,750 -
Fixed asset disposals (intangible & tangible assets) - - - - - - - - - - - - - -
Interest received on cash deposits - - - - - 113 97 41 - - - - 251 -
Total Cash Inflows - - 2,655 2,307 8,673 27,436 2,752 2,696 48,495 1,821 (179) 73,921 170,575 97,056
Cash Outflows
Revenue share - - (255) (405) (593) (726) (893) (1,059) (1,185) (1,337) (1,490) (1,613) (9,555) (5,686)
Other Direct Costs (incl. VAT) - - (912) (1,353) (1,904) (2,934) (3,006) (3,598) (5,102) (4,790) (5,430) (7,368) (36,398) (23,091)
Changes in inventory (incl. VAT) - - (2,206) (1,302) (2,355) (1,886) (2,803) (1,921) (2,663) (3,352) (2,135) (3,008) (23,631) (8,520)
Overheads (incl. VAT) - - (13,772) (19,894) (21,593) (27,096) (32,150) (28,684) (31,269) (37,351) (36,646) (37,568) (286,024) (121,664)
Direct labor expenses (w/o social insurance+income tax) - - (1,261) (1,870) (2,631) (3,360) (4,152) (4,971) (5,762) (6,618) (7,502) (8,187) (46,313) (29,582)
Social insurance & income tax (PAYE/Payroll withholdings) - - - (1,775) (2,140) (2,493) (2,778) (3,088) (3,991) (4,301) (5,719) (6,065) (32,349) (20,069)
Extraordinary expenses - - - - - - - - - - - - - -
Capital Expenditure (incl. VAT) - - (11,800) - (64,700) - - - (18,900) (106,740) - - (202,140) (53,000)
Finance lease charges paid - - - - - - - - (250) (250) (250) (250) (1,000) (750)
Finance lease capital payments - - - - - - - - - (1,000) (1,000) (1,000) (3,000) (3,000)
Changes in advance payments - - - - - - - - - - - - - -
Utilisation of accruals - - - - - - - - - - - - - -
Interest paid (Debt 1-4) - - - - - - - - - (219) (1,209) (1,367) (2,795) (4,581)
Financing fees (Debt 1-4) - - (1,021) (21) (21) (21) (21) (21) - - - - (1,125) -
Interest paid (debt facilities existent at model start) - - (42) (42) (42) (42) (42) (42) (42) (42) (42) (42) (417) (125)
VAT paid/recovered to/from tax authority - - - 1,741 - - (1,807) - - (1,354) - - (1,420) (7,854)
Taxes on income paid - - (1,250) - - (1,250) - - (1,250) - - (1,250) (5,000) (5,000)
Total Cash Outflows - - (32,519) (24,921) (95,978) (39,808) (47,652) (43,383) (70,413) (167,354) (61,423) (67,718) (651,167) (282,921)
Financing
Equity
Share Capital - - 29,864 22,614 177,522 - - - - - - - 230,000 -
Debt
Debt Facilities (at model start) - - - - - - - - - - - - - (5,000)
Debt 1: EasyCredit - - - - - - - 7,742 - - (162) - 7,580 (164)
Debt 2: URB Bank - - - - - - - - - - - 70,000 70,000 -
Debt 3: FounderBank - - - - - - - - - 110,000 - - 110,000 (2,000)
Debt 4: Shareholder Loan - - - - - - - - - - - - - -
Overdraft Facility - - - - - - - - 21,918 55,533 22,549 (36,987) 63,013 36,987
Total Financing - - 29,864 22,614 177,522 - - 7,742 21,918 165,533 22,387 33,013 480,593 29,823
Cash flow available for equity (CFADS) - - - - 90,216 (12,372) (44,900) (32,945) - - (39,215) 39,215 - (156,042)
Dividend payments - - - - - - - - - - - - - -
Change in Cash and Cash Balance

Net Cash Flow - - - - 90,216 (12,372) (44,900) (32,945) - - (39,215) 39,215 - (156,042)
Cash B/f - - - - - 90,216 77,844 32,945 - - - (39,215) - -
Cash C/f - - - - - 90,216 77,844 32,945 - - - (39,215) - - (156,042)
Check: Cash always ≥ 0 Fail - - - - - - - - - - 1 - - 1

FY 2018 FY 2018
Cash Flow (Direct) Q-2 Q-3 Q-4 Total
(all figures in USD) 01 Mar 19 01 Jun 19 01 Sep 19 01 Dec 18

31 May 19 31 Aug 19 30 Nov 19 30 Nov 19
Cash Inflows
Cash collected from sales (incl. VAT) 118,218 139,831 162,254 517,359
Changes in advances received - - 2,750 2,750
Other operating & extraordinary income - 4,550 - 4,550
Fixed asset disposals (intangible & tangible assets) - 7,500 - 7,500
Interest received on cash deposits - - - -
Total Cash Inflows 118,218 151,881 165,004 532,159
Cash Outflows
Revenue share (6,922) (8,186) (9,512) (30,305)
Other Direct Costs (incl. VAT) (28,517) (33,995) (39,683) (125,286)
Changes in inventory (incl. VAT) (3,627) (6,993) (9,062) (28,202)
Overheads (incl. VAT) (146,490) (166,447) (186,355) (620,956)
Direct labor expenses (w/o social insurance+income tax) (36,646) (43,687) (50,997) (160,912)
Social insurance & income tax (PAYE/Payroll withholdings) (24,186) (27,588) (32,269) (104,112)
Extraordinary expenses - - - -
Capital Expenditure (incl. VAT) (12,000) - - (65,000)
Finance lease charges paid (750) (750) (750) (3,000)
Finance lease capital payments (3,000) (3,000) (3,000) (12,000)
Changes in advance payments (2,750) - 500 (2,250)
Utilisation of accruals - (1,000) - (1,000)
Interest paid (Debt 1-4) (4,922) (4,933) (4,911) (19,347)
Financing fees (Debt 1-4) - - - -
Interest paid (debt facilities existent at model start) (63) (63) (63) (313)
VAT paid/recovered to/from tax authority (7,101) (12,856) (15,182) (42,993)
Taxes on income paid - (5,000) (5,000) (15,000)
Total Cash Outflows (276,973) (314,497) (356,284) (1,230,675)
Financing
Equity
Share Capital - - - -
Debt
Debt Facilities (at model start) - - - (5,000)
Debt 1: EasyCredit (165) (167) (168) (664)
Debt 2: URB Bank - - (10,000) (10,000)
Debt 3: FounderBank (3,000) (3,000) (2,000) (10,000)
Debt 4: Shareholder Loan - 50,000 - 50,000
Overdraft Facility - - - 36,987
Total Financing (3,165) 46,833 (12,168) 61,323
Cash flow available for equity (CFADS) (161,921) (115,783) (203,447) (637,193)
Dividend payments - - - -

Net Cash Flow (161,921) (115,783) (203,447) (637,193)
Cash B/f (156,042) (317,963) (433,746) -
Cash C/f (317,963) (433,746) (637,193) (637,193)
Check: Cash always ≥ 0 1 1 1 1
Check (aggregation)

FY 2017 FY 2017
Balance Sheet Q-1 Q-2 Q-3 Q-4 Total
(all figures in USD) 31 Jan 18 01 Dec 17 01 Jan 18 01 Feb 18 01 Mar 18 01 Apr 18 01 May 18 01 Jun 18 01 Jul 18 01 Aug 18 01 Sep 18 01 Oct 18 01 Nov 18 01 Feb 18
Op Bal 31 Dec 17 31 Jan 18 28 Feb 18 31 Mar 18 30 Apr 18 31 May 18 30 Jun 18 31 Jul 18 31 Aug 18 30 Sep 18 31 Oct 18 30 Nov 18 30 Nov 18
Intangible Assets - - - - - 30,000 29,750 29,500 29,250 29,000 117,700 116,709 115,718 115,718
Tangible Assets 5,000 - - 14,940 14,762 34,583 34,127 33,671 33,214 67,758 66,845 65,933 65,020 65,020
Financial Assets - - - - - 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500
Total Non-current Assets 5,000 - - 14,940 14,762 72,083 71,377 70,671 69,964 104,258 192,045 190,141 188,237 188,237
Inventory 2,500 - - 4,402 5,524 7,554 9,180 11,596 13,252 15,548 18,437 20,278 22,871 22,871
Advance Payments - - - - - - - - - - - - -
Accounts Receivables 5,000 - - 15,067 30,331 51,163 56,398 89,335 128,668 135,768 190,296 252,451 258,267 258,267
VAT owed to company - - 1,744 4,320 7,786 8,757 14,160 20,587 21,723 30,447 40,392 41,323 41,323
Cash at Bank - - - - - 90,216 77,844 32,945 - - - (39,215) - -
Total Current Assets 7,500 - - 21,212 40,174 156,720 152,179 148,037 162,507 173,038 239,181 273,906 322,461 322,461
Overdraft Facility - - - - - - - - - 21,918 77,451 100,000 63,013 63,013

Advances Received - - - - 3,500 3,500 3,500 3,500 3,500 3,500 1,500 1,500 1,500
Accounts Payables 6,000 - - 9,780 10,825 18,070 16,994 11,569 11,747 9,376 8,408 8,493 10,079 10,079
Deferred Revenue - - - - - - - - - - - - -
Accrued Revenue Share - - - - - - - - - - - - -
Accruals - - - - - - - - 6,750 6,750 6,750 6,750 6,750 6,750
Finance Lease Obligations - - - - - - - - 20,000 19,000 18,000 17,000 17,000
Payroll withholdings owed - - - 1,775 2,140 2,493 2,778 3,088 3,991 4,301 5,719 6,065 6,338 6,338
VAT owed by company - - 1,356 2,165 3,614 3,399 2,314 2,349 1,875 1,682 1,699 2,016 2,016
Taxes on income owed - - (1,250) (1,250) (1,250) (2,500) (2,500) (2,500) (3,750) (3,750) (3,750) (5,000) (5,000)
VAT owed to tax authority - - (1,741) 588 (6,555) (4,748) (3,667) 553 1,907 (10,898) (3,272) 4,582 4,582
Total Current Liabilities 6,000 - - 9,920 14,468 19,872 19,422 14,304 26,389 65,877 107,862 135,484 106,278 106,278
Net current assets 1,500 - - 11,293 25,707 136,848 132,757 133,733 136,118 107,161 131,319 138,422 216,183 216,183
Total assets less current liabilities 6,500 - - 26,233 40,468 208,931 204,134 204,403 206,082 211,419 323,364 328,563 404,421 404,421
Debt Facilities (at model start) 10,000 - - 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
Debt 1: EasyCredit - - - - - - - 7,742 7,742 7,742 7,580 7,580 7,580
Debt 2: URB Bank - - - - - - - - - - - 70,000 70,000
Debt 3: FounderBank - - - - - - - - - 110,000 110,000 110,000 110,000
Debt 4: Shareholder Loan - - - - - - - - - - - - -
Long-term Liabilities 10,000 - - 10,000 10,000 10,000 10,000 10,000 17,742 17,742 127,742 127,580 197,580 197,580
NET ASSETS (3,500) - - 16,233 30,468 198,931 194,134 194,403 188,340 193,677 195,622 200,983 206,841 206,841
Share Capital 20,000 - - 49,864 72,478 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000
Retained Earnings / (loss carried forward) (23,500) - - (33,631) (42,010) (51,069) (55,866) (55,597) (61,660) (56,323) (54,378) (49,017) (43,159) (43,159)
Shareholders Equity (3,500) - - 16,233 30,468 198,931 194,134 194,403 188,340 193,677 195,622 200,983 206,841 206,841
Check 1 Ok - - - - - - - - - - - - -
Check 2 Ok - - - - - - - - - - - -
Check 3 (aggregation) Ok

FY 2018 FY 2018
Balance Sheet Q-1 Q-2 Q-3 Q-4 Total
(all figures in USD) 01 Dec 18 01 Mar 19 01 Jun 19 01 Sep 19 01 Dec 18

28 Feb 19 31 May 19 31 Aug 19 30 Nov 19 30 Nov 19
Intangible Assets 112,744 109,770 106,796 103,823 103,823

Tangible Assets 112,282 107,460 99,758 95,115 95,115
Financial Assets 7,500 19,500 19,500 19,500 19,500
Total Non-current Assets 232,525 236,730 226,054 218,438 218,438
Inventory 30,216 33,224 39,252 47,064 47,064

Advance Payments - 2,750 2,750 2,250 2,250
Accounts Receivables 417,531 611,022 842,040 1,111,929 1,111,929
VAT owed to company 66,805 97,763 134,726 177,909 177,909
Cash at Bank (156,042) (317,963) (433,746) (637,193) (637,193)
Total Current Assets 358,510 426,796 585,023 701,958 701,958
Overdraft Facility 100,000 100,000 100,000 100,000 100,000

Advances Received 1,500 1,500 1,500 4,250 4,250
Accounts Payables 10,905 10,656 13,834 11,544 11,544
Deferred Revenue - - - - -
Accrued Revenue Share - - - - -
Accruals 6,750 6,750 5,750 5,750 5,750
Finance Lease Obligations 14,000 11,000 8,000 5,000 5,000
Payroll withholdings owed 7,346 8,870 10,417 12,015 12,015
VAT owed by company 2,181 2,131 2,767 2,309 2,309
Taxes on income owed 791 11,581 17,372 23,162 23,162
VAT owed to tax authority 23,114 53,067 83,199 120,300 120,300
Total Current Liabilities 166,587 205,554 242,839 284,330 284,330
Net current assets 191,923 221,242 342,184 417,628 417,628

Total assets less current liabilities 424,449 457,972 568,238 636,065 636,065
Debt Facilities (at model start) 5,000 5,000 5,000 5,000 5,000
Debt 1: EasyCredit 7,416 7,251 7,084 6,916 6,916
Debt 2: URB Bank 70,000 70,000 70,000 60,000 60,000
Debt 3: FounderBank 108,000 105,000 102,000 100,000 100,000
Debt 4: Shareholder Loan - - 50,000 50,000 50,000
Long-term Liabilities 190,416 187,251 234,084 221,916 221,916
NET ASSETS 234,033 270,721 334,154 414,150 414,150
Share Capital 250,000 250,000 250,000 250,000 250,000

Retained Earnings / (loss carried forward) (15,967) 20,721 84,154 164,150 164,150
Shareholders Equity 234,033 270,721 334,154 414,150 414,150
Check 1 - - - - -
Check 2 - - - - -
Check 3 (aggregation)

Period Start 01 Feb 18 01 Mar 18 01 Apr 18 01 May 18 01 Jun 18 01 Jul 18 01 Aug 18 01 Sep 18 01 Oct 18 01 Nov 18 01 Dec 18 01 Jan 19
Period End Start End 31 Jan 18 28 Feb 18 31 Mar 18 30 Apr 18 31 May 18 30 Jun 18 31 Jul 18 31 Aug 18 30 Sep 18 31 Oct 18 30 Nov 18 31 Dec 18 31 Jan 19
Model Life 01 Feb 18 30 Nov 19 22 1 1 1 1 1 1 1 1 1 1 1 1
All formulas replaced by values => full functionality in commercial version !
Product/Service 1: WonderApp ON
1 Customers & Gross Profit - WonderApp

Customers beginning of period # 157 207 307 432 552 682 816 946 1,087 1,232 1,344 1,480
New customers # 3,872 50 100 125 130 135 141 146 152 158 164 171 178
Lost customers # 1,133 - - - 10 5 6 16 12 13 52 36 42
Customers end of period # 157 207 307 432 552 682 816 946 1,087 1,232 1,344 1,480 1,616
thereof base product # 170 270 395 484 595 706 790 891 993 1,075 1,171 1,268
thereof upgrade product # 37 37 37 67 86 110 156 195 239 269 309 348
Revenue USD 1,696,784 12,470 17,367 23,036 28,904 35,341 41,736 48,906 56,099 63,725 69,540 76,622 80,529
thereof base product USD net of bad debts 1,148,148 7,970 13,167 18,736 22,392 26,924 31,438 34,905 39,064 43,239 46,648 50,614 54,624
thereof upgrade product USD net of bad debts 514,696 2,930 2,930 2,930 5,342 6,847 8,728 12,361 15,464 18,915 21,323 24,438 24,105
thereof additional revenue USD 33,940 1,570 1,270 1,370 1,170 1,570 1,570 1,640 1,570 1,570 1,570 1,570 1,800
- Revenue Share Expense USD 3rd party billing ? Yes (39,860) (255) (405) (593) (726) (893) (1,059) (1,185) (1,337) (1,490) (1,613) (1,757) (1,902)
Net Revenue USD 1,656,924 12,215 16,962 22,444 28,178 34,448 40,677 47,721 54,761 62,235 67,928 74,865 78,626
- Cost of Sales USD (158,791) (787) (1,167) (1,642) (3,070) (2,591) (3,102) (5,629) (4,129) (4,681) (8,388) (5,623) (6,141)
- Direct Labor Expense USD (248,057) (1,509) (2,238) (3,149) (4,022) (4,971) (5,950) (6,897) (7,922) (8,980) (9,801) (10,788) (11,899)
Gross Profit USD 1,250,075 9,919 13,558 17,653 21,086 26,886 31,625 35,195 42,710 48,574 49,739 58,455 60,587
Gross Margin % 81.2% 79.9% 78.7% 74.8% 78.0% 77.7% 73.8% 78.0% 78.0% 73.2% 78.1% 77.1%
2 Customer Lifetime Value (CLTV) - WonderApp

Avg net revenue (per customer) USD 59.0 55.3 52.0 51.1 50.5 49.8 50.4 50.4 50.5 50.5 50.6 48.7
- Cost of Sales USD (3.8) (3.8) (3.8) (5.6) (3.8) (3.8) (5.9) (3.8) (3.8) (6.2) (3.8) (3.8)
- Direct Labor Expense USD (7.3) (7.3) (7.3) (7.3) (7.3) (7.3) (7.3) (7.3) (7.3) (7.3) (7.3) (7.4)
- Account Mgmt and allocated Marketing Expense USD (9.2) (8.9) (9.9) (8.6) (8.1) (8.0) (7.9) (7.9) (7.9) (7.8) (7.8) (8.1)
Monthly Customer Gross Profit USD 38.7 35.2 30.9 29.6 31.4 30.7 29.3 31.4 31.6 29.2 31.7 29.4
Customer Lifetime months 3 months 95% 60.0 60.0 60.0 60.0 60.0 60.0 60.0 60.0 60.0 60.0 60.0 60.0 60.0
Customer Lifetime Contribution USD 2,324 2,114 1,857 1,778 1,881 1,843 1,759 1,886 1,894 1,750 1,900 1,766
Customer Acquisition Costs (CAC)

- Lead Generation Expense USD (5.0) (5.0) (5.0) (5.0) (5.0) (5.0) (5.0) (5.0) (5.0) (5.0) (5.0) (5.0)
- Revenue Share Expense (if billed directly) USD Direct billing ? No - - - - - - - - - - - -
- Sales Commission Expense USD (3.6) (3.6) (3.6) (3.6) (3.6) (3.6) (3.6) (3.6) (3.6) (3.6) (3.6) (3.6)
- Sales and allocated Marketing Expense USD (52.4) (46.5) (83.2) (49.5) (31.7) (31.9) (24.9) (24.8) (24.6) (24.4) (24.2) (34.6)
Total Customer Acquisition Costs USD (61.0) (55.1) (91.8) (58.1) (40.3) (40.5) (33.5) (33.4) (33.2) (33.0) (32.8) (43.2)
CLTV (not discounted) USD 2,263.2 2,058.7 1,765.0 1,719.6 1,841.0 1,802.1 1,725.4 1,852.6 1,861.3 1,716.7 1,867.3 1,723.0
CLTV (discounted) USD Annual discount rate 6.0% 99.2% 2,244.4 2,041.6 1,750.3 1,705.3 1,825.7 1,787.1 1,711.0 1,837.2 1,845.7 1,702.4 1,851.7 1,708.6
Customer Churn Rate % - - - (2.4%) (0.9%) (0.9%) (2.0%) (1.2%) (1.2%) (4.2%) (2.7%) (2.8%)
CLTV to CAC Ratio x 36.8 x 37.1 x 19.1 x 29.4 x 45.3 x 44.2 x 51.0 x 55.1 x 55.6 x 51.6 x 56.4 x 39.6 x
Months to recover CAC months 1.6 1.6 3.0 2.0 1.3 1.3 1.1 1.1 1.1 1.1 1.0 1.5
3 Revenue and Expense Summary - WonderApp

Revenue Summary (Totals)
Net Revenue from New Customers USD net of bad debts 191,514 2,950 5,525 6,494 6,640 6,830 7,007 7,376 7,664 7,991 8,311 8,655 8,656
=> in % of Total Revenue: WonderApp % 24% 33% 29% 24% 20% 17% 15% 14% 13% 12% 12% 11%
Net Revenue from Existing Customers USD net of bad debts 1,465,409 9,264 11,437 15,950 21,537 27,617 33,669 40,345 47,098 54,244 59,616 66,210 69,970
=> in % of Total Revenue: WonderApp % 76% 67% 71% 76% 80% 83% 85% 86% 87% 88% 88% 89%
Cash Received (ex VAT) USD 1,555,271 1,570 1,270 1,370 49,833 1,570 1,570 103,311 1,570 1,570 165,519 1,570 1,800
Deferred Revenue (BS account) USD Billing Quarterly In Arrears - - - - - - - - - - - -
Receivables (BS account) USD 10,900 26,997 48,663 27,734 61,505 101,671 47,266 101,794 163,949 67,970 143,023 221,751
Associated Expenses (Direct Costs)
- COGS USD 128,364 787 1,167 1,642 2,096 2,591 3,102 3,595 4,129 4,681 5,109 5,623 6,141
- Direct labor USD 248,057 1,509 2,238 3,149 4,022 4,971 5,950 6,897 7,922 8,980 9,801 10,788 11,899
- Shipping, postage & repackaging expense USD - - - - - - - - - - - - -
- Payment processing fees USD 30,427 - - - 973 - - 2,033 - - 3,279 - -
- Revenue share expense (if billed directly) USD - - - - - - - - - - - - -
- Other direct costs USD Sum for control 406,848 - - - - - - - - - - - - -
Other Expenses (product/service related)
- Sales Commission Expense USD 13,940 180 360 450 468 487 506 526 547 569 592 616 640
- Lead Generation Expense USD 19,361 250 500 625 650 676 703 731 760 791 822 855 890
www.excel-financial-model.com Sales Summ 25 / 268

Model Life 01 Feb 18 30 Nov 19 22 1 1 1 1 1 1 1 1 1 1 - -
All formulas replaced by values => full functionality in commercial version !
Product/Service 1: WonderApp ON
1 Customers & Gross Profit - WonderApp

Customers beginning of period # 1,616 1,728 1,859 1,992 2,107 2,238 2,372 2,493 2,628 2,766 - -
New customers # 3,872 185 192 200 208 216 225 234 243 253 263 - -
Lost customers # 1,133 73 62 67 93 85 92 113 108 115 133 - -
Customers end of period # 157 1,728 1,859 1,992 2,107 2,238 2,372 2,493 2,628 2,766 2,897 - -
thereof base product # 1,351 1,445 1,541 1,628 1,723 1,821 1,913 2,012 2,115 2,214 - -
thereof upgrade product # 377 414 450 479 515 550 580 616 651 683 - -
Revenue USD 1,696,784 85,782 92,235 98,772 104,396 110,837 117,404 123,321 129,946 136,734 143,083 - -
thereof base product USD net of bad debts 1,148,148 58,085 62,004 65,993 69,603 73,600 77,691 81,535 85,719 90,019 94,180 - -
thereof upgrade product USD net of bad debts 514,696 26,127 28,660 31,208 33,223 35,667 38,143 40,216 42,657 45,145 47,333 - -
thereof additional revenue USD 33,940 1,570 1,570 1,570 1,570 1,570 1,570 1,570 1,570 1,570 1,570 - -
- Revenue Share Expense USD 3rd party billing ? Yes (39,860) (2,027) (2,168) (2,312) (2,441) (2,585) (2,732) (2,869) (3,019) (3,172) (3,321) - -
Net Revenue USD 1,656,924 83,755 90,066 96,460 101,955 108,252 114,672 120,452 126,927 133,562 139,762 - -
- Cost of Sales USD (158,791) (11,002) (7,064) (7,569) (13,448) (8,504) (9,012) (16,032) (9,986) (10,512) (18,713) - -
- Direct Labor Expense USD (248,057) (12,724) (13,688) (14,665) (15,513) (16,478) (17,462) (18,355) (19,350) (20,369) (21,328) - -
Gross Profit USD 1,250,075 60,029 69,314 74,226 72,993 83,270 88,198 86,065 97,591 102,681 99,721 - -
Gross Margin % 71.7% 77.0% 77.0% 71.6% 76.9% 76.9% 71.5% 76.9% 76.9% 71.4% - -
2 Customer Lifetime Value (CLTV) - WonderApp

Avg net revenue (per customer) USD 48.5 48.4 48.4 48.4 48.4 48.4 48.3 48.3 48.3 48.2 - -
- Cost of Sales USD (6.4) (3.8) (3.8) (6.4) (3.8) (3.8) (6.4) (3.8) (3.8) (6.5) - -
- Direct Labor Expense USD (7.4) (7.4) (7.4) (7.4) (7.4) (7.4) (7.4) (7.4) (7.4) (7.4) - -
- Account Mgmt and allocated Marketing Expense USD (7.9) (7.9) (7.9) (8.0) (8.2) (7.9) (8.0) (7.9) (7.9) (7.9) - -
Monthly Customer Gross Profit USD 26.8 29.4 29.4 26.6 29.0 29.2 26.5 29.2 29.2 26.5 - -
Customer Lifetime months 3 months 95% 60.0 60.0 60.0 60.0 60.0 60.0 60.0 60.0 60.0 60.0 60.0 - -
Customer Lifetime Contribution USD 1,609 1,762 1,761 1,597 1,742 1,755 1,593 1,752 1,753 1,592 - -
Customer Acquisition Costs (CAC)

- Lead Generation Expense USD (5.0) (5.0) (5.0) (5.0) (5.0) (5.0) (5.0) (5.0) (5.0) (5.0) - -
- Revenue Share Expense (if billed directly) USD Direct billing ? No - - - - - - - - - - - -
- Sales Commission Expense USD (3.6) (3.6) (3.6) (3.6) (3.6) (3.6) (3.6) (3.6) (3.6) (3.6) - -
- Sales and allocated Marketing Expense USD (24.0) (23.9) (23.8) (34.4) (48.5) (27.4) (31.1) (26.8) (23.8) (23.6) - -
Total Customer Acquisition Costs USD (32.6) (32.5) (32.4) (43.0) (57.1) (36.0) (39.7) (35.4) (32.4) (32.2) - -
CLTV (not discounted) USD 1,576.6 1,729.6 1,729.0 1,554.3 1,685.2 1,718.9 1,553.1 1,716.8 1,720.8 1,559.7 - -
CLTV (discounted) USD Annual discount rate 6.0% 99.2% 1,563.4 1,715.2 1,714.6 1,541.4 1,671.2 1,704.6 1,540.2 1,702.5 1,706.5 1,546.7 - -
Customer Churn Rate % (4.5%) (3.6%) (3.6%) (4.7%) (4.1%) (4.1%) (4.8%) (4.4%) (4.4%) (4.8%) - -
CLTV to CAC Ratio x 47.9 x 52.8 x 53.0 x 35.8 x 29.3 x 47.4 x 38.8 x 48.0 x 52.7 x 48.0 x
Months to recover CAC months 1.2 1.1 1.1 1.6 2.0 1.2 1.5 1.2 1.1 1.2 - -
3 Revenue and Expense Summary - WonderApp

Revenue Summary (Totals)
Net Revenue from New Customers USD net of bad debts 191,514 8,968 9,323 9,692 10,071 10,470 10,885 11,312 11,760 12,226 12,707 - -
=> in % of Total Revenue: WonderApp % 11% 10% 10% 10% 10% 9% 9% 9% 9% 9% - -
Net Revenue from Existing Customers USD net of bad debts 1,465,409 74,788 80,744 86,767 91,883 97,782 103,787 109,140 115,167 121,336 127,056 - -
=> in % of Total Revenue: WonderApp % 89% 90% 90% 90% 90% 91% 91% 91% 91% 91% - -
Cash Received (ex VAT) USD 1,555,271 223,321 1,570 1,570 273,648 1,570 1,570 329,497 1,570 1,570 386,861 - -
Deferred Revenue (BS account) USD Billing Quarterly In Arrears - - - - - - - - - - - -
Receivables (BS account) USD 84,212 174,877 272,078 102,826 212,093 327,927 121,751 250,127 385,291 141,513 - -
Associated Expenses (Direct Costs)
- COGS USD 128,364 6,567 7,064 7,569 8,007 8,504 9,012 9,473 9,986 10,512 11,007 - -
- Direct labor USD 248,057 12,724 13,688 14,665 15,513 16,478 17,462 18,355 19,350 20,369 21,328 - -
- Shipping, postage & repackaging expense USD - - - - - - - - - - - - -
- Payment processing fees USD 30,427 4,435 - - 5,442 - - 6,559 - - 7,706 - -
- Revenue share expense (if billed directly) USD - - - - - - - - - - - - -
- Other direct costs USD Sum for control 406,848 - - - - - - - - - - - - -
Other Expenses (product/service related)
- Sales Commission Expense USD 13,940 666 693 720 749 779 810 843 877 912 948 - -
- Lead Generation Expense USD 19,361 925 962 1,001 1,041 1,082 1,126 1,171 1,217 1,266 1,317 - -

Model Life 01 Feb 18 30 Nov 19 22 1 1 1 1 1 1 1 1 1 1 1 1
Product/Service 2: WonderMoreX Off
Product/Service 3: Customizing Services Off
Product/Service 4: FutureApp Off

Model Life 01 Feb 18 30 Nov 19 22 1 1 1 1 1 1 1 1 1 1 - -
Product/Service 2: WonderMoreX Off
Product/Service 3: Customizing Services Off
Product/Service 4: FutureApp Off

Assumptions WonderApp Ltd.
Model: Fictitious 5 Year Forecast Go to table of contents Run this macro to delete all input data !
Model Integrity: Fail Go to error checks
General Model Assumptions Time-saving macros available in commerical version only

Names and Information inputs only in these cells
Legal form BORNEOKOPI Limited

Company name BORNEOKOPI WonderApp Ltd.
Model name Text Fictitious 5 Year Forecast
File name #VALUE!
Author of model Text TR
Last update Date 15 Jan 17
Language/Terminology (US vs. UK) Selection American English (US-Terminology) 2
Default currency code or symbol ISO 4217 Code USD max of 3 characters For full version click button
Currency unit (select denomination) 1 or 1,000 1 Full Version
Resulting currency label USD
Timing and Financial Year All timing parameters are fully adjustable in commercial version only Inputs Financial Year
Start Date Date 01 Feb 18 Last month of financial year Nov 11
Planning horizon: Short financial year + x additional yrs Additional yrs 1 Year(s) 1st financial year in overview 01 Dec 17 until 30 Nov 18
End Date Date 30 Nov 19 Short financial year? Yes
Products and Services (Offerings)

Offering 1 ON
Assumptions for Product/Service 1: WonderApp Active ? Yes

Type, Timing of Sale, Upsells & Customer Base
Name/description of offering (base product) Text WonderApp
Length of contract (relationship) Month(s) Quarterly Length in months 3 Month(s)
Sales Model (recurring or one-time) Selection Recurring 1
Renewals: Retention rate (at contract end) % of customers 95.0% for recurring sales models only => %-age refers to contract length !
Upsells: Upgrade rate (at contract end) % of customers 20.0% for recurring sales models only => %-age refers to contract length !
Existing no of customers/subscribers at model start
Base product # 120 for recurring sales models only
Upgrade product # 37 for recurring sales models only
=> Number of new customers each month to be planned on sheet Offering 1 (row 14)
Pricing, Revenue Share & Billing

Net sale price per customer and month 2018 2019
Base product (net) USD per month 40.0 40.0
Upgrade product (net) USD per month 80.0 70.0
One-time set-up fee (base product) USD 25.0 optional (can also be a piece of hardware, delivered with first subscription => depending on business model)
VAT - Percentage and applied rate on sales % 80% Rate selection Rate 1 20.0%
Bad debts (as % sales) % of sales 1.0%
=> Optional: Manual input of additional revenue on sheet Offering 1 (row 38 et seq.)
www.excel-financial-model.com Inputs Seite 29 von 268

Revenue share
Percentage of revenue with revenue share % 50.0%
Revenue share % 7.5%
Basis for revenue share calculation Selection base product 1
Billing
Billing of revenue share Selection By 3rd Party 2
Billing frequency Selection Quarterly
Billing type Selection In Arrears
Customer Acquisition Cost (CAC)

Lead generation fee (per each new customer base product) USD 5.0
Sales commission expense to sales staff % of TCV 3.0% of Total Contract Value (TCV) i.e. revenue per month x contract length (for each new customer base product)
Direct Labor
Sales staffing: No of new customers 1 Sales Exec can acquire p.m. New customers per month 180 per 1 Sales Executive
Type of calculation (fully variable vs. step costs) Selection fully variable 1 in case of "step costs" number of staff will be rounded up to the next whole number
Annual base salary of sales executive USD p.a. 30,000
Annual raise % 1.0%
Cost of Sales (Direct Costs)

Materials/packaging/goods (per unit) USD per month 1.5 Calculation monthy recurring for each unit sold (in case of one-time sales model => not recurring); leave blank if n.a.
Hosting/cloud infrastructure (cost per customer/account+month) USD per month 0.80 Cloud infrastructure costs, incl. servers, storage, and third party services used as part of the product (e.g. mail delivery, monitoring, dns, etc.)
Payment processing fees % of revenue 2.0%
3rd party services (cost per customer/account+month) USD per month 1.5 3rd party services that you are reselling/upselling from within your product
Shipping, postage & repackaging (per unit/product+month) USD per month - Each month, independet of contract length; leave blank if n.a.
Other direct costs (spare) % of revenue - optional (description can be changed)
=> Optional: Two additional rows for manual input on sheet Offering 1 (row 67 et seq.)
a.) Direct Labor
Avg. no. of hours of any direct labor (per sales unit + month) hours per unit+month 0.5
Avg. costs per hour for direct labor USD per hour 12.0
Staffing requirement and costs:
Working time per FTE (per year) hours per year 1,920 Keep in mind: Sundays (weekends), public holidays, annual vacation, sick-leave (e.g. 8 hr/day x 20 days/mth x 12 mths)
Resulting annual base salary per FTE USD p.a. 23,040
b.) Support Staff (Account Mgmt)
Customer support staffing 1 support agent handles up to 500 existing customers, subscribers, or clients
Type of calculation (fully variable vs. step costs) Selection fully variable 1 in case of "step costs" number of staff will be rounded up to the next whole number
Annual base salary per account manager USD p.a. 32,000
Annual raise % 1.5%
VAT - Cost of Sales

VAT - Percentage and applied rate on cost of sales % 80% Rate selection Rate 1 20.0%
Additional Products/Services available in commercial version only !

Offering 2 Off
Assumptions for Product/Service 2: WonderMoreX Active ? No

Name/description of offering (base product) Text WonderMoreX
Offering 3 Off Additional Products/Services available in commercial version only !

Assumptions for Product/Service 3: Customizing Services Active ? No
Name/description of offering (base product) Text Customizing Services
Offering 4 Off
Assumptions for Product/Service 4: FutureApp Active ? No

Name/description of offering (base product) Text FutureApp

Human Resources
Wages & Salaries
Variable descriptions (input cells only) can be changed Base Salary p.a.
1. Direct Labor Staff Annual Raise 2018 2019
FTE for Offering 1: WonderApp USD 1.0% 23,040 23,270
=> base salary will be calculated based on inputs for product/service 1 to 4 => don't forget to enter other staff costs in row 139 et seq.
2. Marketing and Sales Staff

Sales Executive (Offering 1) USD 1.0% 30,000 30,300
Account Manager (Offering 1) USD 1.5% 32,000 32,480
=> base salary will be calculated based on inputs for product/service 1 to 4 => don't forget to enter other staff costs in row 139 et seq.
3. Research and Development Staff

Fill in name or positon here USD 1.0% 35,000 35,350
Fill in name or positon here USD -
4. General and Administration Staff


Social security contributions and taxes
Income taxes & social insurances % of base salary 20.0% => can be turned on/off for each staff member (on sheet human resources)
Other Staff Costs Division => Direct Labor M&S R&D G&A
Recruiting Costs (one-time upon hiring) USD per FTE - 300 300 250
Travel & Entertainment costs USD /FTE/month - 500 150 500
Spare USD /FTE/month -
Training costs % of base salary 1.0% 3.0% 3.0% 3.0%
Bonus at plan performance % of base salary - 2.0% 2.0% 3.0%
Spare % of base salary 0.5% 1.0% 1.0% 1.0%

Financing
Equity
Initial equity
Share Capital (maximum) USD 130,000 => cash-in at 1st month ? No
Additional equity
Share Capital USD 100,000 => cash-in on 01 Apr 18
Debt
1. Debt 1 automatic Annuity with quarterly interest and principal repayment
Facility description Text EasyCredit
Include this automatic debt facility ? Selection Yes Applied
Maximum debt (limit) USD 100,000 100,000
Timing EasyCredit
Drawdown Period Months after start date 6 Month(s)
End of drawdown period Date 31 Jul 18
Tenor (after drawdown period) Years 10 Year(s) 120 Month(s)
Grace period Selection 0 Month(s)
Start repayment Date 01 Aug 18
Final maturity date Date 31 Jul 28
Total no of repayments (quarterly) # 40
Interest and Financing Fees: EasyCredit

Interest % p.a. 3.50% % per quarter 0.88%
Upfront Fee % of facility 1.00%
Upfront Fee USD 1,000
Commitment Fee % p.a. 0.25% % per month 0.02%
2. Debt 2 semi-automatic Manual input of drawdowns and repayments necessary, interest may be calculated automatic (if selected)
Facility description Text URB Bank
Manual input of interest ? Selection No Interest will be calculated on a monthly basis with below interest rate
Interest (in case automatic calculation is selected) % p.a. 4.50%
3. Debt 3
Facility description Text FounderBank
4. Debt 4
Facility description Text Shareholder Loan
5. Overdraft Facility / Current Account (automatic)

Current account (max. overdraft) USD 100,000 Actual max. drawdown 100,000 USD
Check current account with starting balance Check Ok
Interest paid on overdraft % p.a. 12.00% % per month 1.00%

Other Assumptions
Taxes
1. Taxes on Income
Tax rate % 20.0%
Tax loss carryforward at model start USD (15,000)
Tax advances (prepayments) Financial Year => FY 2018 FY 2019

Advance tax payments USD p.a. 5,000 20,000
Tax payable (automat. calculation) USD p.a. - 43,162
Prepayment dates (quarterly) Month of FY 3 6 9 12

Tax payment for previous year Month of FY 4 of the following FY
2. VAT / Sales Tax

Set descriptive term for sales or input/output tax Selection VAT select "Sales Tax", "GST" for Goods & Services Tax or "VAT" for Value Added Tax
VAT - Rates set all rates (1-3) below to zero if VAT (or other similar taxes) are not applicable
Zero Rate % -
Rate 1 % 20.0%
Rate 2 % 10.0%
Rate 3 % 8.0%
VAT - Payment Dates
Intervall when VAT is paid to or refunded by state/tax authority Selection Quarterly 3
Percentage subject to VAT and rates applied
Output tax on Products/Services => individual assumptions: Offering 1 to 4 Information Percentage Select Rate
Input tax on stocks purchases (inventory increases) % 80% rate applied Rate 1 20.0%
Input tax on all non-payroll expenses (e.g. overheads) % 100% rate applied Rate 1 20.0%
Input tax on capital expenditure => individual assumptions on sheet Capex Information

Miscellaneous
Assumptions for Customer Lifetime Value Calculations
% Allocation of Advertising and Marketing Expenses for Customer Acquisition % 90% The balance of the expense will be allocated to Customer Retention (for the purposes of calculating Customer Lifetime Value)
Annual Discount Rate for CLTV Calculations % p.a. 6.0%
Interest Receipts
Interest rate cash on bank % p.a. 1.50% % per month 0.13%
Target Stocks / Change in Inventory

Include stocks/inventory planning ? => Yes/No Selection Yes
Amount of stocks present: Days of inventory on hand Days 10 day(s)
Maximum decrease in inventory (in % of net sales) % 80% This value should be in accordance with your average ratio of cost of materials to sales (in %)
Note: Related VAT assumptions can be entered in row 219
P&L and Balance Sheet Items (no inputs here => see comments in column H)
Income Statement Items 2018 2019
Other operating income USD 2,750 - => detailed input on this sheet (row 333)
Extraordinary expenses USD - - => detailed input on this sheet (row 334)
Extraordinary income USD - 4,550 => detailed input on this sheet (row 335)
Balance Sheet Items

Accruals 2018 2019
Increase USD 6,750 - => detailed input on this sheet (row 340)
Decrease (utilisation) USD - (1,000) => detailed input on this sheet (row 341)
Changes in Advances Received & BS Account
Increase USD 3,500 2,750 => detailed input on this sheet (row 346)
Decrease USD (2,000) - => detailed input on this sheet (row 347)
Changes in Advance Payments & BS Account
Increase USD - 2,750 => detailed input on this sheet (row 352)
Decrease USD - (500) => detailed input on this sheet (row 353)
Phasing out of opening balance sheet items
Payroll withholdings owed USD - - => detailed input on this sheet (row 358)

Opening Balance (optional)
at model start => 31 Jan 18
Non-current Assets (NBV) 5,000 Notes:
Intangible Assets USD - => Amortisation can be defined on sheet Capex (row 19)
Tangible Assets 5,000 => Variable descriptions for tangible asset class can be changed on sheet Capex
- Land and Buildings USD - => Depreciation can be defined on sheet Capex (row 52)
- Plant & Machinery USD 5,000 => Depreciation can be defined on sheet Capex (row 78)
- Vehicles USD - => Depreciation can be defined on sheet Capex (row 104)
Financial Assets / Investments USD - => Depreciation can be defined on sheet Capex (row 136)
Current Assets 7,500

Inventory USD 2,500
Accounts Receivables USD 5,000 => equally phased out over a period of x months => 6 month(s)
Cash at bank USD -
Current Liabilities 6,000

Overdraft facility USD -
Accounts Payables USD 6,000 => equally phased out over a period of x months => 2 month(s)
Accruals USD - => detailed input on this sheet (row 338 et seq.)
Payroll withholdings owed USD - => detailed input on this sheet (row 358)
Long-term Liabilities
Debt Facilities (at model start) USD 10,000 => detailed input of principal repayments and interest on sheet Financing (rows 144 et seq.)
Net Assets USD (3,500)
Shareholders Equity
Share Capital USD 20,000
Retained Earnings / (loss carried forward) USD (23,500) => negative inputs for any loss carried forward !
Shareholders Equity USD (3,500)

Balance Check Ok - Delta

Integrity and Error Checks
Error Check Link to Error Check Result Tolerance Pass / Fail
Balance Sheet (monthly on IFS) To Control Cell - 0.001 Ok

Balance Sheet (Summary 04) To Control Cell - 0.001 Ok
Balance Sheet (Summary 01) To Control Cell - 0.001 Ok
Balance Sheet (Opening Balance) To Control Cell - 0.001 Ok
Sources = Uses To Control Cell - 0.001 Ok
Sufficient Funding (incl. Overdraft Facility) To Control Cell 13 0.001 Fail
Cash always ≥ 0 To Control Cell 13 0.001 Fail
Aggregation Income Statement (Summary 02 To Control Cell - 0.001 Ok
Aggregation Cashflow (Summary 03) To Control Cell - 0.001 Ok
Aggregation Balance Sheet (Summary 04) To Control Cell - 0.001 Ok
Aggregation Income Statement (Summary 01 To Control Cell - 0.001 Ok
Aggregation Cashflow (Summary 01) To Control Cell - 0.001 Ok
Check: VAT To Control Cell - 0.001 Ok
Debt Facilities (at model start) - Principal payments ≤ Debt facility? To Control Cell - 0.001 Ok
Debt 1: EasyCredit - Repayment ≤ Debt ? To Control Cell - 0.001 Ok
Debt 2: URB Bank - Tilgung ≤ Darlehensbetrag ? To Control Cell - 0.001 Ok
Debt 3: FounderBank - Tilgung ≤ Darlehensbetrag ? To Control Cell - 0.001 Ok
Debt 4: Shareholder Loan - Tilgung ≤ Darlehensbetrag ? To Control Cell - 0.001 Ok
Overdraft limit >= Opening balance value? To Control Cell - 0.001 Ok
Check accruals: Decrease <= Existing Accruals? To Control Cell - 0.001 Ok
Check advances received: Decrease <= Existing advances received? To Control Cell - 0.001 Ok
Check advance payments: Decrease <= Existing advance payments? To Control Cell - 0.001 Ok
Check phasing out PAYE/Payroll withholdings owed OK? To Control Cell - 0.001 Ok
Master Check: Inputs for sale of assets OK ? To Control Cell - 0.001 Ok
Allocation of M&S costs to Products/Services (Retention) OK? To Control Cell - 0.001 Ok
Allocation of M&S costs to Products/Services (Acquisition) OK? To Control Cell - 0.001 Ok
Allocation of personnel expenses for CLTV calculations OK? To Control Cell 0.001 Ok
N.N. 0.001 Ok
N.N. 0.001 Ok
Integrity (Master ) Fail

Cloud infrastructure costs, incl. servers, storage, and third party services used as part of the product (e.g. mail delivery, monitoring, dns, etc.)


Offering 1
Model: Fictitious 5 Year Forecast
Model Integrity: Fail
Period Start
Period End Start
Model Life 01 Feb 18
Month of model #
Calendar Year (Counter) #
Product/Service 1: WonderApp
1 Customers - WonderApp
Customers beginning of period #
New customers #
Churned customers #
Customers end of period #
Net new customers #
2 Revenue - WonderApp
No of customers
Base product #
Upgrade product #
Price
Base product (per month) USD
Upgrade product (per month) USD
Revenue
1 Base product USD
0 One-time set-up fee (base product) USD
0 Upgrade product USD
Total Revenue - WonderApp USD
Bad debts USD
Total Revenue (net of bad debts) - WonderApp USD
VAT on sales (output tax receivable) net of bad debts USD
Additional Revenue (optional)

Additional revenue (e.g. base product) USD
Additional revenue (e.g. upgrade product) USD
Total additional revenue - WonderApp USD
VAT on additional revenue (output tax receivable) USD

3 Payments - WonderApp
Cash received (w/o additional revenue)
Billing Flag [1;0]
Cash received USD
BS Account: Deferred Revenue (if billed in advance)
Balance B/f USD
(Increase) / Decrease USD
Balance C/f USD
BS Account: Receivables (if billed in arrears)
Balance B/f USD
Increase / (Decrease) USD
Balance C/f USD
VAT on sales (output tax received) USD
4 Cost of Sales - WonderApp

Materials/packaging/goods USD
Hosting/cloud infrastructure USD
Payment processing fees USD
3rd party services USD
Shipping, postage & repackaging expense USD
Other direct costs (spare) USD
Revenue share expense (if billed directly) USD
Spare row for individual input/usage USD
Spare row for individual input/usage USD
Allocated Direct Labor expenses USD
Total Cost of Sales USD
VAT on costs (input tax payable + payed) USD
5 Other Expenses - WonderApp (needed for CAC calculation)

Lead generation expense USD
Sales commission expense USD
Revenue share expense USD
Cash out of revenue share (based on payments received => row 47) USD
6 Churn, Retention & Upgrade - WonderApp

by month cohort
Contract period (Counter)
1. No of users/contracts base product incl. churn and upgrades
No of Users - Month 1 #
Total No of Users (base product) #
2. Churn base product

Churned Users - Month 1 #
Total users churned (base product) #
3. No of Upgrades
No of Upgrades - Month 1 #
Total No of Upgrades #
4. No of users/contracts upgrade product incl. churn

No of users (model start) #
Total No of Users (upgrade product) #
5. Churn upgrade product

Churned Users (model start) #
Total users churned (upgrade product) #
Go to table of contents
Go to error checks
01 Feb 18
End 31 Jan 18 28 Feb 18
30 Nov 19 22 1
1
1
Status: ON
157
3,872 50
1,133 -
157 207
2,740 50
170
37
Check: Customers EoP => Ok -
40.0
80.0
1,062,939 6,800
25.0 96,806 1,250
519,895 2,960
1,679,640 11,010
1.0% 16,796 110
1,662,844 10,900
Subject to output taxes VAT Rate
80.0% 20.0% 266,055 1,744
Note: This revenue is cash-effective in the same month ! all inputs here should be entere
32,100 1,500
1,840 70
33,940 1,570
Subject to output taxes VAT Rate
80.0% 20.0% 5,430 251
Billing frequency Quarterly 3 1
Billing type In Arrears 2 550,915 -
billed in advance)
-
- -
-
billed in arrears)
-
1,111,929 10,900
10,900
88,146 -
1.5 per unit/customer + month 50,670 311

0.80 per customer/account 27,024 166
2.0% of cash received 11,018 -
1.5 per unit/customer + month 50,670 311
- per unit/customer + month - -
- of net revenue - -
Direct billing ? No - -
fill in any values or formula in input cells -
fill in any values or formula in input cells -
248,057 1,509
387,440 2,296
Subject to input taxes VAT Rate
80.0% 20.0% 22,301 126
eeded for CAC calculation)

5.0 per each new customer (base product) 19,361 250
3.0% of TCV 13,940 180
on 50.0% of revenue 7.5% share 39,860 255
Direct billing ? No - -
Length of Contract Renewal Rate Upgrade Rate

3 Month(s) 95.0% 20.0% 1
cl. churn and upgrades New Users At Start
50 120 170.0
100 -
125 -
130 -
135 -
141 -
146 -
152 -
158 -
164 -
171 -
178 -
185 -
192 -
200 -
208 -
216 -
225 -
234 -
243 -
253 -
263 -
274 -
285 -
170.0
30.2 -
16.8 -
21.0 -
21.9 -
21.0 -
21.9 -
22.7 -
21.1 -
22.0 -
22.8 -
20.0 -
20.8 -
21.6 -
16.9 -
17.6 -
18.3 -
10.8 -
11.3 -
11.7 -
- -
- -
- -
- -
- -
370.5 -
114.9 -
63.9 -
79.9 -
83.1 -
79.9 -
83.1 -
86.4 -
80.2 -
83.4 -
86.8 -
76.0 -
79.0 -
82.2 -
64.3 -
66.9 -
69.6 -
41.1 -
42.8 -
44.5 -
- -
- -
- -
- -
- -
1,408.0 -
At Start 37 37.0
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
37.0
11.2 -
100.9 -
53.1 -
66.3 -
69.0 -
60.6 -
63.0 -
65.6 -
51.7 -
53.8 -
55.9 -
33.7 -
35.1 -
36.5 -
1.8 -
1.9 -
2.0 -
- -
- -
- -
- -
- -
- -
- -
- -
762.0 -
01 Mar 18 01 Apr 18 01 May 18 01 Jun 18 01 Jul 18 01 Aug 18 01 Sep 18
1 1 1 1 1 1 1
2 3 4 5 6 7 8
1 1 1 1 1 1 1
207 307 432 552 682 816 946

100 125 130 135 141 146 152
- - 10 5 6 16 12
307 432 552 682 816 946 1,087
100 125 120 130 134 130 141
270 395 484 595 706 790 891

37 37 67 86 110 156 195
- - - - - - -
40.0 40.0 40.0 40.0 40.0 40.0 40.0
80.0 80.0 80.0 80.0 80.0 80.0 80.0
10,800 15,800 19,368 23,816 28,240 31,601 35,657

2,500 3,125 3,250 3,380 3,515 3,656 3,802
2,960 2,960 5,396 6,916 8,816 12,486 15,620
16,260 21,885 28,014 34,112 40,572 47,743 55,079
163 219 280 341 406 477 551
16,097 21,666 27,734 33,771 40,166 47,266 54,529
2,576 3,467 4,437 5,403 6,427 7,563 8,725
inputs here should be entered net of input/output taxes (sales taxes, GST, VAT etc.)
1,200 1,300 1,100 1,500 1,500 1,500 1,500
70 70 70 70 70 140 70
1,270 1,370 1,170 1,570 1,570 1,640 1,570
203 219 187 251 251 262 251

0 0 1 0 0 1 0
- - 21,666 - - 40,166 -
- - - - - - -
- - - - - - -
- - - - - - -
10,900 26,997 48,663 54,731 88,502 128,668 135,768

16,097 21,666 6,068 33,771 40,166 7,100 54,529
26,997 48,663 54,731 88,502 128,668 135,768 190,296
- - 3,467 - - 6,427 -
461 648 827 1,023 1,224 1,419 1,630

246 346 441 545 653 757 869
- - 433 - - 803 -
461 648 827 1,023 1,224 1,419 1,630
- - - - - - -
- - - - - - -
- - - - - - -
2,238 3,149 4,022 4,971 5,950 6,897 7,922

3,405 4,791 6,551 7,562 9,052 11,296 12,051
187 263 405 415 496 704 661
500 625 650 676 703 731 760

360 450 468 487 506 526 547
405 593 726 893 1,059 1,185 1,337
- - - - - - -
1 1 2 2 2 3 3
170.0 170.0 129.2 129.2 129.2 98.2 98.2
100.0 100.0 100.0 76.0 76.0 76.0 57.8
- 125.0 125.0 125.0 95.0 95.0 95.0
- - 130.0 130.0 130.0 98.8 98.8
- - - 135.2 135.2 135.2 102.8
- - - - 140.6 140.6 140.6
- - - - - 146.2 146.2
- - - - - - 152.1
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
270.0 395.0 484.2 595.4 706.0 790.0 891.4
- - 8.5 - - 6.5 -
- - - 5.0 - - 3.8
- - - - 6.2 - -
- - - - - 6.5 -
- - - - - - 6.8
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - 8.5 5.0 6.2 13.0 10.6
- - 32.3 - - 24.5 -
- - - 19.0 - - 14.4
- - - - 23.8 - -
- - - - - 24.7 -
- - - - - - 25.7
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - 32.3 19.0 23.8 49.2 40.1
37.0 37.0 35.2 35.2 35.2 33.4 33.4

- - 32.3 32.3 32.3 55.2 55.2
- - - 19.0 19.0 19.0 32.5
- - - - 23.8 23.8 23.8
- - - - - 24.7 24.7
- - - - - - 25.7
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
37.0 37.0 67.5 86.5 110.2 156.1 195.3
- - 1.9 - - 1.8 -
- - - - - 1.6 -
- - - - - - 0.9
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - 1.9 - - 3.4 0.9
01 Oct 18 01 Nov 18 01 Dec 18 01 Jan 19 01 Feb 19 01 Mar 19 01 Apr 19
1 1 1 1 1 1 1
9 10 11 12 13 14 15
1 1 1 2 2 2 2
1,087 1,232 1,344 1,480 1,616 1,728 1,859

158 164 171 178 185 192 200
13 52 36 42 73 62 67
1,232 1,344 1,480 1,616 1,728 1,859 1,992
145 113 135 136 112 131 133
993 1,075 1,171 1,268 1,351 1,445 1,541

239 269 309 348 377 414 450
- - - - - - -
40.0 40.0 40.0 40.0 40.0 40.0 40.0
80.0 80.0 80.0 70.0 70.0 70.0 70.0
39,722 43,007 46,848 50,728 54,046 57,820 61,657

3,954 4,112 4,277 4,448 4,626 4,811 5,003
19,107 21,538 24,685 24,349 26,391 28,950 31,524
62,782 68,657 75,810 79,524 85,063 91,581 98,184
628 687 758 795 851 916 982
62,155 67,970 75,052 78,729 84,212 90,665 97,202
9,945 10,875 12,008 12,597 13,474 14,506 15,552
1,500 1,500 1,500 1,500 1,500 1,500 1,500

70 70 70 300 70 70 70
1,570 1,570 1,570 1,800 1,570 1,570 1,570
251 251 251 288 251 251 251

0 1 0 0 1 0 0
- 62,155 - - 78,729 - -
- - - - - - -
- - - - - - -
- - - - - - -
190,296 252,451 258,267 333,319 412,048 417,531 508,196

62,155 5,816 75,052 78,729 5,483 90,665 97,202
252,451 258,267 333,319 412,048 417,531 508,196 605,397
- 9,945 - - 12,597 - -
1,848 2,017 2,220 2,424 2,592 2,789 2,988

986 1,076 1,184 1,293 1,383 1,487 1,593
- 1,243 - - 1,575 - -
1,848 2,017 2,220 2,424 2,592 2,789 2,988
- - - - - - -
- - - - - - -
- - - - - - -
8,980 9,801 10,788 11,899 12,724 13,688 14,665

13,662 16,152 16,411 18,040 20,866 20,753 22,234
749 1,016 900 983 1,303 1,130 1,211
791 822 855 890 925 962 1,001

569 592 616 640 666 693 720
1,490 1,613 1,757 1,902 2,027 2,168 2,312
- - - - - - -
3 4 4 4 5 5 5
98.2 74.6 74.6 74.6 56.7 56.7 56.7
57.8 57.8 43.9 43.9 43.9 33.4 33.4
72.2 72.2 72.2 54.9 54.9 54.9 41.7
98.8 75.1 75.1 75.1 57.1 57.1 57.1
102.8 102.8 78.1 78.1 78.1 59.3 59.3
106.9 106.9 106.9 81.2 81.2 81.2 61.7
146.2 111.1 111.1 111.1 84.5 84.5 84.5
152.1 152.1 115.6 115.6 115.6 87.8 87.8
158.2 158.2 158.2 120.2 120.2 120.2 91.4
- 164.5 164.5 164.5 125.0 125.0 125.0
- - 171.1 171.1 171.1 130.0 130.0
- - - 177.9 177.9 177.9 135.2
- - - - 185.0 185.0 185.0
- - - - - 192.4 192.4
- - - - - - 200.1
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
993.0 1,075.2 1,171.2 1,268.2 1,351.1 1,445.5 1,541.4
- 4.9 - - 3.7 - -
- - 2.9 - - 2.2 -
4.8 - - 3.6 - - 2.7
- 4.9 - - 3.8 - -
- - 5.1 - - 3.9 -
7.0 - - 5.3 - - 4.1
- 7.3 - - 5.6 - -
- - 7.6 - - 5.8 -
- - - 7.9 - - 6.0
- - - - 8.2 - -
- - - - - 8.6 -
- - - - - - 8.9
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
11.8 17.2 15.6 16.9 21.3 20.4 21.7
- 18.7 - - 14.2 - -
- - 11.0 - - 8.3 -
18.1 - - 13.7 - - 10.4
- 18.8 - - 14.3 - -
- - 19.5 - - 14.8 -
26.7 - - 20.3 - - 15.4
- 27.8 - - 21.1 - -
- - 28.9 - - 22.0 -
- - - 30.1 - - 22.8
- - - - 31.3 - -
- - - - - 32.5 -
- - - - - - 33.8
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
44.8 65.2 59.4 64.1 80.8 77.6 82.5
33.4 31.7 31.7 31.7 30.1 30.1 30.1

55.2 42.0 42.0 42.0 31.9 31.9 31.9
32.5 32.5 24.7 24.7 24.7 18.8 18.8
40.6 40.6 40.6 30.9 30.9 30.9 23.5
24.7 42.2 42.2 42.2 32.1 32.1 32.1
25.7 25.7 43.9 43.9 43.9 33.4 33.4
26.7 26.7 26.7 45.7 45.7 45.7 34.7
- 27.8 27.8 27.8 47.5 47.5 47.5
- - 28.9 28.9 28.9 49.4 49.4
- - - 30.1 30.1 30.1 51.4
- - - - 31.3 31.3 31.3
- - - - - 32.5 32.5
- - - - - - 33.8
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
238.8 269.2 308.6 347.8 377.0 413.6 450.3
- 1.7 - - 1.6 - -
- 31.9 - - 24.3 - -
- - 18.8 - - 14.3 -
1.2 - - 23.5 - - 17.8
- 1.2 - - 24.4 - -
- - 1.3 - - 25.4 -
- - - 1.3 - - 26.4
- - - - 1.4 - -
- - - - - 1.4 -
- - - - - - 1.5
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
1.2 34.8 20.1 24.8 51.6 41.1 45.7
01 May 19 01 Jun 19 01 Jul 19 01 Aug 19 01 Sep 19 01 Oct 19 01 Nov 19
1 1 1 1 1 1 1
16 17 18 19 20 21 22
2 2 2 2 2 2 2
1,992 2,107 2,238 2,372 2,493 2,628 2,766

208 216 225 234 243 253 263
93 85 92 113 108 115 133
2,107 2,238 2,372 2,493 2,628 2,766 2,897
115 131 134 121 135 138 130
1,628 1,723 1,821 1,913 2,012 2,115 2,214

479 515 550 580 616 651 683
- - - - - - -
40.0 40.0 40.0 40.0 40.0 40.0 40.0
70.0 70.0 70.0 70.0 70.0 70.0 70.0
65,102 68,932 72,848 76,506 80,497 84,598 88,547

5,203 5,411 5,628 5,853 6,087 6,331 6,584
33,559 36,027 38,529 40,622 43,088 45,601 47,811
103,865 110,371 117,004 122,981 129,672 136,530 142,942
1,039 1,104 1,170 1,230 1,297 1,365 1,429
102,826 109,267 115,834 121,751 128,376 135,164 141,513
16,452 17,483 18,533 19,480 20,540 21,626 22,642
1,500 1,500 1,500 1,500 1,500 1,500 1,500

70 70 70 70 70 70 70
1,570 1,570 1,570 1,570 1,570 1,570 1,570
251 251 251 251 251 251 251

1 0 0 1 0 0 1
97,202 - - 115,834 - - 135,164
- - - - - - -
- - - - - - -
- - - - - - -
605,397 611,022 720,289 836,123 842,040 970,416 1,105,580

5,624 109,267 115,834 5,917 128,376 135,164 6,348
611,022 720,289 836,123 842,040 970,416 1,105,580 1,111,929
15,552 - - 18,533 - - 21,626
3,160 3,357 3,557 3,739 3,942 4,150 4,345

1,686 1,790 1,897 1,994 2,102 2,213 2,317
1,944 - - 2,317 - - 2,703
3,160 3,357 3,557 3,739 3,942 4,150 4,345
- - - - - - -
- - - - - - -
- - - - - - -
15,513 16,478 17,462 18,355 19,350 20,369 21,328

25,464 24,982 26,474 30,145 29,336 30,881 35,039
1,592 1,361 1,442 1,886 1,598 1,682 2,194
1,041 1,082 1,126 1,171 1,217 1,266 1,317

749 779 810 843 877 912 948
2,441 2,585 2,732 2,869 3,019 3,172 3,321
- - - - - - -
6 6 6 7 7 7 8
43.1 43.1 43.1 32.8 32.8 32.8 24.9
33.4 25.4 25.4 25.4 19.3 19.3 19.3
41.7 41.7 31.7 31.7 31.7 24.1 24.1
43.4 43.4 43.4 33.0 33.0 33.0 25.1
59.3 45.1 45.1 45.1 34.3 34.3 34.3
61.7 61.7 46.9 46.9 46.9 35.7 35.7
64.2 64.2 64.2 48.8 48.8 48.8 37.1
87.8 66.8 66.8 66.8 50.7 50.7 50.7
91.4 91.4 69.4 69.4 69.4 52.8 52.8
95.0 95.0 95.0 72.2 72.2 72.2 54.9
130.0 98.8 98.8 98.8 75.1 75.1 75.1
135.2 135.2 102.8 102.8 102.8 78.1 78.1
140.6 140.6 140.6 106.9 106.9 106.9 81.2
192.4 146.2 146.2 146.2 111.1 111.1 111.1
200.1 200.1 152.1 152.1 152.1 115.6 115.6
208.1 208.1 208.1 158.2 158.2 158.2 120.2
- 216.5 216.5 216.5 164.5 164.5 164.5
- - 225.1 225.1 225.1 171.1 171.1
- - - 234.1 234.1 234.1 177.9
- - - - 243.5 243.5 243.5
- - - - - 253.2 253.2
- - - - - - 263.4
- - - - - - -
- - - - - - -
1,627.6 1,723.3 1,821.2 1,912.6 2,012.4 2,114.9 2,213.7
2.8 - - 2.2 - - 1.6

- 1.7 - - 1.3 - -
- - 2.1 - - 1.6 -
2.9 - - 2.2 - - 1.6
- 3.0 - - 2.3 - -
- - 3.1 - - 2.3 -
4.2 - - 3.2 - - 2.4
- 4.4 - - 3.3 - -
- - 4.6 - - 3.5 -
6.3 - - 4.8 - - 3.6
- 6.5 - - 4.9 - -
- - 6.8 - - 5.1 -
9.3 - - 7.0 - - 5.3
- 9.6 - - 7.3 - -
- - 10.0 - - 7.6 -
- - - 10.4 - - 7.9
- - - - 10.8 - -
- - - - - 11.3 -
- - - - - - 11.7
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
25.4 25.1 26.5 29.7 29.9 31.4 34.3
10.8 - - 8.2 - - 6.2

- 6.3 - - 4.8 - -
- - 7.9 - - 6.0 -
10.8 - - 8.2 - - 6.3
- 11.3 - - 8.6 - -
- - 11.7 - - 8.9 -
16.0 - - 12.2 - - 9.3
- 16.7 - - 12.7 - -
- - 17.4 - - 13.2 -
23.8 - - 18.1 - - 13.7
- 24.7 - - 18.8 - -
- - 25.7 - - 19.5 -
35.2 - - 26.7 - - 20.3
- 36.6 - - 27.8 - -
- - 38.0 - - 28.9 -
- - - 39.5 - - 30.1
- - - - 41.1 - -
- - - - - 42.8 -
- - - - - - 44.5
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
96.6 95.6 100.7 112.9 113.8 119.3 130.3
28.6 28.6 28.6 27.2 27.2 27.2 25.8

24.2 24.2 24.2 18.4 18.4 18.4 14.0
18.8 14.3 14.3 14.3 10.8 10.8 10.8
23.5 23.5 17.8 17.8 17.8 13.5 13.5
24.4 24.4 24.4 18.5 18.5 18.5 14.1
33.4 25.4 25.4 25.4 19.3 19.3 19.3
34.7 34.7 26.4 26.4 26.4 20.1 20.1
36.1 36.1 36.1 27.4 27.4 27.4 20.9
49.4 37.6 37.6 37.6 28.5 28.5 28.5
51.4 51.4 39.1 39.1 39.1 29.7 29.7
53.4 53.4 53.4 40.6 40.6 40.6 30.9
32.5 55.6 55.6 55.6 42.2 42.2 42.2
33.8 33.8 57.8 57.8 57.8 43.9 43.9
35.2 35.2 35.2 60.1 60.1 60.1 45.7
- 36.6 36.6 36.6 62.5 62.5 62.5
- - 38.0 38.0 38.0 65.0 65.0
- - - 39.5 39.5 39.5 67.6
- - - - 41.1 41.1 41.1
- - - - - 42.8 42.8
- - - - - - 44.5
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
479.4 514.7 550.4 580.3 615.5 651.4 683.0
1.5 - - 1.4 - - 1.4

18.4 - - 14.0 - - 10.6
- 10.8 - - 8.2 - -
- - 13.6 - - 10.3 -
18.5 - - 14.1 - - 10.7
- 19.3 - - 14.7 - -
- - 20.1 - - 15.2 -
27.5 - - 20.9 - - 15.9
- 28.5 - - 21.7 - -
- - 29.7 - - 22.6 -
1.6 - - 30.9 - - 23.5
- 1.6 - - 32.1 - -
- - 1.7 - - 33.4 -
- - - 1.8 - - 34.7
- - - - 1.8 - -
- - - - - 1.9 -
- - - - - - 2.0
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
67.5 60.3 65.0 83.0 78.5 83.4 98.8
01 Dec 19 01 Jan 20
31 Dec 19 31 Jan 20
- -
23 24
2 3
- -
274 285
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1,500 1,500
70 70
- -
- -
0 0
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
8 8
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Offering 2
Period Start
Period End Start
Month of model #
Product/Service 2: WonderMoreX

Go to error checks
01 Feb 18
End 31 Jan 18 28 Feb 18
30 Nov 19 22 1
1
1
Status: Off
ommercial version only !

1 1 1 1 1 1 1
2 3 4 5 6 7 8
1 1 1 1 1 1 1
1 1 1 1 1 1 1
9 10 11 12 13 14 15
1 1 1 2 2 2 2
1 1 1 1 1 1 1
16 17 18 19 20 21 22
2 2 2 2 2 2 2
01 Dec 19 01 Jan 20
31 Dec 19 31 Jan 20
- -
23 24
2 3
Offering 3
Period Start
Period End Start
Month of model #
Product/Service 3: Customizing Services

Go to error checks
01 Feb 18
End 31 Jan 18 28 Feb 18
30 Nov 19 22 1
1
1
Status: Off

1 1 1 1 1 1 1
2 3 4 5 6 7 8
1 1 1 1 1 1 1
1 1 1 1 1 1 1
9 10 11 12 13 14 15
1 1 1 2 2 2 2
1 1 1 1 1 1 1
16 17 18 19 20 21 22
2 2 2 2 2 2 2
01 Dec 19 01 Jan 20
31 Dec 19 31 Jan 20
- -
23 24
2 3
Offering 4
Period Start
Period End Start
Month of model #
Product/Service 4: FutureApp

Go to error checks
01 Feb 18
End 31 Jan 18 28 Feb 18
30 Nov 19 22 1
1
1
Status: Off

1 1 1 1 1 1 1
2 3 4 5 6 7 8
1 1 1 1 1 1 1
1 1 1 1 1 1 1
9 10 11 12 13 14 15
1 1 1 2 2 2 2
1 1 1 1 1 1 1
16 17 18 19 20 21 22
2 2 2 2 2 2 2
01 Dec 19 01 Jan 20
31 Dec 19 31 Jan 20
- -
23 24
2 3
Human Resources
Model: Fictitious 5 Year Forecast Go to table of contents
Period Start
Period End Start End
Model Life 01 Feb 18 30 Nov 19
Flags & Counters
Calendar Year year
Headcount
The variable descriptions can be changed on sheet Inputs
1. Direct Labor Staff
Direct Labor FTEs for WonderApp # Yes
Subtotal
2. Marketing and Sales Staff SSC max. customers/FTE

Sales Executive (Offering 1) # Yes 180.0
Account Manager (Offering 1) # Yes 500.0
Subtotal

Fill in name or positon here # Yes
Subtotal

Subtotal
Total Headcount #
Development of headcount month to month
No further inputs on this sheet below this section ! No further inputs on this sheet be
Wages & Salaries

Direct Labor FTEs for WonderApp USD
Subtotal USD

Sales Executive (Offering 1) USD
Account Manager (Offering 1) USD
Subtotal USD

Fill in name or positon here USD
Subtotal USD

Subtotal USD
Total Wages & Salaries USD

Total without direct labor USD

1. Direct Labor Staff SSC
Direct Labor FTEs for WonderApp USD Yes
Subtotal USD

Sales Executive (Offering 1) USD Yes
Account Manager (Offering 1) USD Yes
Subtotal USD

Fill in name or positon here USD Yes
Subtotal USD

Subtotal USD
Total Social security contributions & taxes USD
Other Staff Costs

Recruiting Costs (one-time upon hiring) USD - per FTE
Travel & Entertainment costs USD - per FTE/month
Spare USD - per FTE/month
Training costs USD 1.0% % of base salary
Bonus at plan performance USD - % of base salary
Spare USD 0.5% % of base salary
Subtotal USD

Recruiting Costs (one-time upon hiring) USD 300 per FTE
Travel & Entertainment costs USD 500 per FTE/month
Bonus at plan performance USD 2.0% % of base salary
Subtotal USD

Subtotal USD

Subtotal USD
Total Other Staff Costs USD

Total without direct labor USD
Total HR (w/o Direct Labor Costs) USD
Summary (with direct labor costs)

Direct Labor Staff USD
Marketing and Sales Staff USD
Research and Development Staff USD
General and Administration Staff USD
Total (with direct labor costs) USD
Allocated Expenses for CLTV Calculations

1. Direct Labor Expenses
Product/Service 1: WonderApp USD
2. Sales Staffing Expenses

3. Account Management Expenses
Allocation Check
01 Feb 18 01 Mar 18 01 Apr 18 01 May 18 01 Jun 18
31 Jan 18 28 Feb 18 31 Mar 18 30 Apr 18 31 May 18 30 Jun 18
22 1 1 1 1 1
2018 2018 2018 2018 2018
0.6 1.0 1.4 1.7 2.1

0.6 1.0 1.4 1.7 2.1
x. customers/FTE Calc. type

1 0.3 0.6 0.7 0.7 0.8
1 0.4 0.6 0.9 1.1 1.4
0.7 1.2 1.6 1.8 2.1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1
- 3 4 5 6 6
3 1 1 1 1
o further inputs on this sheet below this section !
204,162 1,242 1,842 2,592 3,310 4,091

204,162 1,242 1,842 2,592 3,310 4,091
54,115 694 1,389 1,736 1,806 1,878

182,136 1,104 1,637 2,304 2,942 3,637
236,251 1,798 3,026 4,040 4,748 5,514
120,342 2,917 2,917 2,917 2,917 2,917

37,775 - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
158,117 2,917 2,917 2,917 2,917 2,917
143,850 2,917 2,917 2,917 2,917 2,917

- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
143,850 2,917 2,917 2,917 2,917 2,917
742,380 8,874 10,702 12,465 13,891 15,439

538,218 7,632 8,860 9,873 10,581 11,348
40,832 248 368 518 662 818

40,832 248 368 518 662 818
10,823 139 278 347 361 376
36,427 221 327 461 588 727
47,250 360 605 808 950 1,103
24,068 583 583 583 583 583

7,555 - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
31,623 583 583 583 583 583
28,770 583 583 583 583 583

- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
28,770 583 583 583 583 583
148,476 1,775 2,140 2,493 2,778 3,088
- - - - - -
r FTE/month - - - - - -
r FTE/month - - - - - -
of base salary 2,042 12 18 26 33 41
of base salary - - - - - -
of base salary 1,021 6 9 13 17 20
3,062 19 28 39 50 61
2,177 208 143 117 80 87

r FTE/month 44,536 346 585 779 913 1,057
r FTE/month - - - - - -
of base salary 7,088 54 91 121 142 165
of base salary 4,725 36 61 81 95 110
of base salary 2,363 18 30 40 47 55
60,888 661 910 1,138 1,278 1,475
1,200 300 - - - -
r FTE/month 8,400 150 150 150 150 150
r FTE/month - - - - - -
of base salary 4,744 88 88 88 88 88
of base salary 3,162 58 58 58 58 58
of base salary 1,581 29 29 29 29 29
19,087 625 325 325 325 325
1,000 250 - - - -
r FTE/month 24,500 500 500 500 500 500
r FTE/month - - - - - -
of base salary 4,316 88 88 88 88 88
of base salary 4,316 88 88 88 88 88
of base salary 1,439 29 29 29 29 29
35,570 954 704 704 704 704
118,607 2,259 1,966 2,206 2,357 2,566

115,545 2,240 1,939 2,167 2,307 2,504
1,009,463 12,908 14,808 17,165 19,026 21,092
248,057 1,509 2,238 3,149 4,022 4,971

344,389 2,819 4,541 5,986 6,975 8,092
208,827 4,125 3,825 3,825 3,825 3,825
208,190 4,454 4,204 4,204 4,204 4,204
1,009,463 12,908 14,808 17,165 19,026 21,092
248,057 1,509 2,238 3,149 4,022 4,971
79,009 1,089 2,084 2,572 2,653 2,756

265,380 1,731 2,457 3,414 4,322 5,337
Ok Ok Ok Ok Ok Ok
01 Jul 18 01 Aug 18 01 Sep 18 01 Oct 18 01 Nov 18 01 Dec 18 01 Jan 19
1 1 1 1 1 1 1
2018 2018 2018 2018 2018 2018 2019
2.6 3.0 3.4 3.8 4.2 4.6 5.1

2.6 3.0 3.4 3.8 4.2 4.6 5.1
0.8 0.8 0.8 0.9 0.9 1.0 1.0

1.6 1.9 2.2 2.5 2.7 3.0 3.2
2.4 2.7 3.0 3.3 3.6 3.9 4.2
1 1 2 2 2 2 2
1 1 1 1 1
1 1 3 3 3 3 3
2 2 2 2 2 2 2
2 2 2 2 2 2 2
8 9 11 12 13 14 14
2 1 3 1 1 1 1
4,897 5,677 6,520 7,391 8,066 8,879 9,793
4,897 5,677 6,520 7,391 8,066 8,879 9,793
1,953 2,031 2,112 2,197 2,285 2,376 2,496

4,353 5,046 5,796 6,570 7,170 7,892 8,748
6,306 7,077 7,908 8,767 9,455 10,268 11,244
2,917 2,917 5,833 5,833 5,833 5,833 5,892

- - 2,500 2,500 2,500 2,500 2,525
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
2,917 2,917 8,333 8,333 8,333 8,333 8,417
5,833 5,833 5,833 5,833 5,833 5,833 5,892

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
5,833 5,833 5,833 5,833 5,833 5,833 5,892
19,953 21,504 28,595 30,325 31,688 33,313 35,345

15,056 15,827 22,075 22,933 23,621 24,435 25,552
979 1,135 1,304 1,478 1,613 1,776 1,959

979 1,135 1,304 1,478 1,613 1,776 1,959
391 406 422 439 457 475 499
871 1,009 1,159 1,314 1,434 1,578 1,750
1,261 1,415 1,582 1,753 1,891 2,054 2,249
583 583 1,167 1,167 1,167 1,167 1,178

- - 500 500 500 500 505
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
583 583 1,667 1,667 1,667 1,667 1,683
1,167 1,167 1,167 1,167 1,167 1,167 1,178

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
1,167 1,167 1,167 1,167 1,167 1,167 1,178
3,991 4,301 5,719 6,065 6,338 6,663 7,069
- - - - - - -
- - - - - - -
- - - - - - -
49 57 65 74 81 89 98
- - - - - - -
24 28 33 37 40 44 49
73 85 98 111 121 133 147
90 87 94 97 78 92 93
1,207 1,352 1,509 1,671 1,801 1,955 2,110
- - - - - - -
189 212 237 263 284 308 337
126 142 158 175 189 205 225
63 71 79 88 95 103 112
1,675 1,864 2,078 2,294 2,447 2,663 2,878
- - 600 - - - -
150 150 450 450 450 450 450
- - - - - - -
88 88 250 250 250 250 253
58 58 167 167 167 167 168
29 29 83 83 83 83 84
325 325 1,550 950 950 950 955
250 - - - - - -
1,000 1,000 1,000 1,000 1,000 1,000 1,000
- - - - - - -
175 175 175 175 175 175 177
175 175 175 175 175 175 177
58 58 58 58 58 58 59
1,658 1,408 1,408 1,408 1,408 1,408 1,412
3,732 3,683 5,134 4,764 4,926 5,155 5,392

3,658 3,598 5,036 4,653 4,805 5,022 5,245
27,675 29,487 39,447 41,153 42,951 45,131 47,807
5,950 6,897 7,922 8,980 9,801 10,788 11,899

9,242 10,357 11,567 12,815 13,792 14,985 16,371
3,825 3,825 11,550 10,950 10,950 10,950 11,055
8,658 8,408 8,408 8,408 8,408 8,408 8,482
27,675 29,487 39,447 41,153 42,951 45,131 47,807
5,950 6,897 7,922 8,980 9,801 10,788 11,899
2,862 2,972 3,090 3,211 3,333 3,467 3,634

6,380 7,384 8,477 9,604 10,460 11,518 12,737
Ok Ok Ok Ok Ok Ok Ok
01 Feb 19 01 Mar 19 01 Apr 19 01 May 19 01 Jun 19 01 Jul 19 01 Aug 19
1 1 1 1 1 1 1
2019 2019 2019 2019 2019 2019 2019
5.4 5.8 6.2 6.6 7.0 7.4 7.8

5.4 5.8 6.2 6.6 7.0 7.4 7.8
1.0 1.1 1.1 1.2 1.2 1.3 1.3

3.5 3.7 4.0 4.2 4.5 4.7 5.0
4.5 4.8 5.1 5.4 5.7 6.0 6.3
2 2 2 2 2 2 3
1 1 1 1 1 1 1
3 3 3 3 3 3 4
2 3 3 3 3 3 3
2 3 3 3 3 3 3
15 17 17 18 19 19 21
1 2 1 1 1 1 2
10,473 11,266 12,070 12,768 13,562 14,372 15,107
10,473 11,266 12,070 12,768 13,562 14,372 15,107
2,596 2,699 2,807 2,920 3,036 3,158 3,284

9,355 10,064 10,782 11,406 12,115 12,838 13,495
11,951 12,763 13,589 14,325 15,151 15,996 16,779
5,892 5,892 5,892 5,892 5,892 5,892 8,838

2,525 2,525 2,525 2,525 2,525 2,525 2,525
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
8,417 8,417 8,417 8,417 8,417 8,417 11,363
5,892 8,838 8,838 8,838 8,838 8,838 8,838

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
5,892 8,838 8,838 8,838 8,838 8,838 8,838
36,732 41,283 42,914 44,348 45,968 47,622 52,087

26,259 30,017 30,844 31,580 32,406 33,250 36,979
2,095 2,253 2,414 2,554 2,712 2,874 3,021

2,095 2,253 2,414 2,554 2,712 2,874 3,021
519 540 561 584 607 632 657
1,871 2,013 2,156 2,281 2,423 2,568 2,699
2,390 2,553 2,718 2,865 3,030 3,199 3,356
1,178 1,178 1,178 1,178 1,178 1,178 1,768

505 505 505 505 505 505 505
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
1,683 1,683 1,683 1,683 1,683 1,683 2,273
1,178 1,768 1,768 1,768 1,768 1,768 1,768

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
1,178 1,768 1,768 1,768 1,768 1,768 1,768
7,346 8,257 8,583 8,870 9,194 9,524 10,417
- - - - - - -
- - - - - - -
- - - - - - -
105 113 121 128 136 144 151
- - - - - - -
52 56 60 64 68 72 76
157 169 181 192 203 216 227
79 91 92 82 92 95 88
2,242 2,394 2,548 2,685 2,839 2,997 3,143
- - - - - - -
359 383 408 430 455 480 503
239 255 272 287 303 320 336
120 128 136 143 152 160 168
3,038 3,250 3,455 3,627 3,841 4,051 4,238
- - - - - - 300
450 450 450 450 450 450 600
- - - - - - -
253 253 253 253 253 253 341
168 168 168 168 168 168 227
84 84 84 84 84 84 114
955 955 955 955 955 955 1,582
- 250 - - - - -
1,000 1,500 1,500 1,500 1,500 1,500 1,500
- - - - - - -
177 265 265 265 265 265 265
177 265 265 265 265 265 265
59 88 88 88 88 88 88
1,412 2,369 2,119 2,119 2,119 2,119 2,119
5,563 6,743 6,710 6,892 7,118 7,340 8,165

5,406 6,574 6,529 6,701 6,914 7,125 7,938
49,641 56,283 58,206 60,110 62,279 64,487 70,669
12,724 13,688 14,665 15,513 16,478 17,462 18,355

17,379 18,566 19,763 20,818 22,022 23,247 24,373
11,055 11,055 11,055 11,055 11,055 11,055 15,217
8,482 12,974 12,724 12,724 12,724 12,724 12,724
49,641 56,283 58,206 60,110 62,279 64,487 70,669
12,724 13,688 14,665 15,513 16,478 17,462 18,355
3,775 3,927 4,083 4,243 4,413 4,589 4,771

13,605 14,639 15,680 16,575 17,609 18,657 19,603
01 Sep 19 01 Oct 19 01 Nov 19 01 Dec 19 01 Jan 20
1 1 1 - -
2019 2019 2019 2019 2020
8.2 8.6 9.1 - -

8.2 8.6 9.1 - -
1.4 1.4 1.5 - -

5.3 5.5 5.8 - -
6.6 6.9 7.3 - -
3 3 3 3 3
1 1 1 1 1
4 4 4 - -
3 3 4 4 4
3 3 4 - -
22 23 24 - -
1 1 2
15,926 16,764 17,554 - -
15,926 16,764 17,554 - -
3,416 3,552 3,694 - -

14,226 14,975 15,681 - -
17,642 18,528 19,375 - -
8,838 8,838 8,838 - -

2,525 2,525 2,525 - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
11,363 11,363 11,363 - -
8,838 8,838 11,783 - -

- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
8,838 8,838 11,783 - -
53,767 55,492 60,075 - -

37,842 38,728 42,521 - -
3,185 3,353 3,511 - -

3,185 3,353 3,511 - -
683 710 739 - -
2,845 2,995 3,136 - -
3,528 3,706 3,875 - -
1,768 1,768 1,768 - -

505 505 505 - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
2,273 2,273 2,273 - -
1,768 1,768 2,357 - -

- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
1,768 1,768 2,357 - -
10,753 11,098 12,015 - -
- - - - -
- - - - -
- - - - -
159 168 176 - -
- - - - -
80 84 88 - -
239 251 263 - -
97 99 95 - -
3,304 3,470 3,628 - -
- - - - -
529 556 581 - -
353 371 388 - -
176 185 194 - -
4,459 4,681 4,886 - -
- - - - -
600 600 600 - -
- - - - -
341 341 341 - -
227 227 227 - -
114 114 114 - -
1,282 1,282 1,282 - -
- - 250 - -
1,500 1,500 2,000 - -
- - - - -
265 265 354 - -
265 265 354 - -
88 88 118 - -
2,119 2,119 3,075 - -
8,099 8,333 9,506 - -

7,860 8,081 9,242 - -
72,619 74,923 81,596 - -
19,350 20,369 21,328 - -

25,629 26,914 28,136 - -
14,917 14,917 14,917 - -
12,724 12,724 17,215 - -
72,619 74,923 81,596 - -
19,350 20,369 21,328 - -
4,962 5,160 5,365 - -

20,667 21,754 22,771 - -
Ok Ok Ok Ok Ok
Period Start
Period End Start
Month of model #
Overhead/Indirect Expenses
Variable descriptions (input cells) can be changed
1 Marketing and Sales Costs

Payroll Marketing and Sales Staff USD
Promotional materials (advertising, brochures etc.) USD
Public relations, exhibitions USD
Marketing campaign / Promotion 01 USD
Communication (Internet, Phone, Mobile etc.) (M&S staff) USD
Travel & Entertainment (M&S staff) USD
Vehicle's costs (M&S staff) USD
Miscellaneous 01 USD
Subtotal Marketing and Sales Costs USD
Allocation of selected M&S costs to Products/Services (needed f

Total M&S costs (to be allocated) USD
thereof for customer retention USD
thereof for customer acquisition USD
1. Customer Retention (Allocation to Products/Services)
Disbursement Profile
Product/Service 1: WonderApp %
Product/Service 2: WonderMoreX %
Product/Service 3: Customizing Services %
Product/Service 4: FutureApp %
Check (= 100% ?)
Allocation to Products/Services
Product/Service 2: WonderMoreX USD
Product/Service 3: Customizing Services USD
Product/Service 4: FutureApp USD
Total amount allocated USD
2. Customer Acquisition (Allocation to Products/Services)

Disbursement Profile
Product/Service 1: WonderApp %
Product/Service 2: WonderMoreX %
Product/Service 3: Customizing Services %
Product/Service 4: FutureApp %
Check (= 100% ?)
Allocation to Products/Services
Total amount allocated USD
2 Research and Development Costs

Payroll Research and Development Staff USD
Consultancy USD
Design, construction & testing of prototypes USD
Materials USD
Subtotal Payroll Research and Development Staff USD
3 General and Administration Costs

Payroll General and Administration Staff USD
Rent and rates USD
Additional property expenses (Power, Heat, Light etc.) USD
Professional fees (Legal, Tax, Audit etc.) USD
Insurances / charges / contributions USD
Patents, Trademarks and Licence Fees USD
Repairs and maintenance USD
Communication (Internet, Phone, Mobile etc.) USD
Office Supplies USD
Travel & Entertainment USD
Vehicle's costs USD
Establishment (Start-up costs) USD
Subtotal General and Administration Costs USD
Total Overhead Expenses USD
VAT on Overhead Expenses

Total Overhead Expenses (w/o payroll expenses) USD
VAT on Overhead Expenses USD
Go to error checks
01 Feb 18 01 Mar 18 01 Apr 18
End 31 Jan 18 28 Feb 18 31 Mar 18 30 Apr 18
30 Nov 19 22 1 1 1
1 2 3
CAC ? Credit Periods All assumption values should be entered net of input/o
from Human Resources => 344,389 2,819 4,541 5,986

1 13,940 180 360 450
1 19,361 250 500 625
1 2 10,150 950 950 950
1 2 12,000 7,000
1 2 4,300 1,150
1 5,000
1 7,700 350 350 350
1 8,800 400 400 400
0 -
0 -
0 -
0 -
425,641 4,949 8,251 15,761
vices (needed for CLTV calcuation)

depends on selection in column E above (=> value 1) 47,950 1,700 2,850 8,700
10.0% 4,795 170 285 870
90.0% 43,155 1,530 2,565 7,830
Distribution based on net revenue

100.0% 100.0% 100.0%
- - -
- - -
- - -
Ok Ok Ok Ok
4,795 170 285 870

- - - -
- - - -
- - - -
Control Ok 4,795 170 285 870
Distribution based on net revenue

100.0% 100.0% 100.0%
- - -
- - -
- - -
Ok Ok Ok Ok
43,155 1,530 2,565 7,830

- - - -
- - - -
- - - -
Control Ok 43,155 1,530 2,565 7,830
Credit Periods

2 36,707 1,500 1,515 1,530
-
-
-
-
-
-
-
-
-
-
-
245,534 5,625 5,340 5,355
Credit Periods

1 72,000 3,000 3,000 3,000
1 21,600 900 900 900
2 6,000
-
-
-
-
-
-
-
-
-
307,790 8,354 8,104 8,104
978,965 18,929 21,695 29,221
Subject to input taxes VAT Rate 217,559 7,530 9,125 15,205

100.0% 20.0% 43,512 1,506 1,825 3,041
1 1 1 1 1 1 1
4 5 6 7 8 9 10
e entered net of input/output taxes (sales taxes, GST, VAT etc.)
6,975 8,092 9,242 10,357 11,567 12,815 13,792

468 487 506 526 547 569 592
650 676 703 731 760 791 822
950 950
1,050
2,500
350 350 350 350 350 350 350
400 400 400 400 400 400 400
12,293 10,955 12,251 12,364 13,625 14,925 15,957
4,200 1,700 1,800 750 750 750 750

420 170 180 75 75 75 75
3,780 1,530 1,620 675 675 675 675
100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%

- - - - - - -
- - - - - - -
- - - - - - -
420 170 180 75 75 75 75

- - - - - - -
- - - - - - -
- - - - - - -
420 170 180 75 75 75 75
100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%

- - - - - - -
- - - - - - -
- - - - - - -
3,780 1,530 1,620 675 675 675 675

- - - - - - -
- - - - - - -
- - - - - - -
3,780 1,530 1,620 675 675 675 675
3,825 3,825 3,825 3,825 11,550 10,950 10,950

1,545 1,561 1,577 1,592 1,608 1,624 1,641
5,370 5,386 5,402 5,417 13,158 12,574 12,591
4,204 4,204 8,658 8,408 8,408 8,408 8,408

3,000 3,000 3,000 3,000 3,000 3,000 3,000
900 900 900 900 900 900 900
1,500 1,500
8,104 9,604 12,558 12,308 12,308 12,308 13,808
25,768 25,945 30,211 30,090 39,092 39,807 42,356
10,763 9,824 8,486 7,500 7,566 7,635 9,205

2,153 1,965 1,697 1,500 1,513 1,527 1,841
01 Dec 18 01 Jan 19 01 Feb 19 01 Mar 19 01 Apr 19 01 May 19 01 Jun 19
1 1 1 1 1 1 1
11 12 13 14 15 16 17
14,985 16,371 17,379 18,566 19,763 20,818 22,022

616 640 666 693 720 749 779
855 890 925 962 1,001 1,041 1,082
1,000 1,000
5,000
1,050
2,500
350 350 350 350 350 350 350
400 400 400 400 400 400 400
17,206 20,701 19,720 20,971 22,234 25,858 30,634
750 2,800 750 750 750 3,250 6,750

75 280 75 75 75 325 675
675 2,520 675 675 675 2,925 6,075
100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%

- - - - - - -
- - - - - - -
- - - - - - -
75 280 75 75 75 325 675

- - - - - - -
- - - - - - -
- - - - - - -
75 280 75 75 75 325 675
100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%

- - - - - - -
- - - - - - -
- - - - - - -
675 2,520 675 675 675 2,925 6,075

- - - - - - -
- - - - - - -
- - - - - - -
675 2,520 675 675 675 2,925 6,075
10,950 11,055 11,055 11,055 11,055 11,055 11,055

1,657 1,674 1,690 1,707 1,724 1,741 1,759
12,607 12,729 12,745 12,762 12,779 12,796 12,814
8,408 8,482 8,482 12,974 12,724 12,724 12,724

3,000 3,000 3,000 3,000 3,000 3,000 4,000
900 900 900 900 900 900 1,200
1,500
12,308 12,382 12,382 16,874 18,124 16,624 17,924
42,121 45,812 44,848 50,607 53,137 55,278 61,372
7,778 9,904 7,932 8,012 9,595 10,681 15,570

1,556 1,981 1,586 1,602 1,919 2,136 3,114
1 1 1 1 1 - -
18 19 20 21 22 23 24
23,247 24,373 25,629 26,914 28,136 - -

810 843 877 912 948 - -
1,126 1,171 1,217 1,266 1,317 - -
1,000 1,000 1,000 200 200 200 200
1,050
350 350 350 350 350 350 350

400 400 400 400 400 400 400
26,933 29,187 29,473 30,042 31,351 - -
1,750 2,800 1,750 950 950 - -

175 280 175 95 95 - -
1,575 2,520 1,575 855 855 - -
100.0% 100.0% 100.0% 100.0% 100.0% - -

- - - - - - -
- - - - - - -
- - - - - - -
175 280 175 95 95 - -

- - - - - - -
- - - - - - -
- - - - - - -
175 280 175 95 95 - -
100.0% 100.0% 100.0% 100.0% 100.0% - -

- - - - - - -
- - - - - - -
- - - - - - -
1,575 2,520 1,575 855 855 - -

- - - - - - -
- - - - - - -
- - - - - - -
1,575 2,520 1,575 855 855 - -
11,055 15,217 14,917 14,917 14,917 - -

1,776 1,794 1,812 1,830 1,849 1,867 1,886
12,831 17,011 16,729 16,747 16,765 - -
12,724 12,724 12,724 12,724 17,215 - -

4,000 4,000 4,000 4,000 4,000 4,000 4,000
1,200 1,200 1,200 1,200 1,200 1,200 1,200
1,500
17,924 17,924 19,424 17,924 22,415 - -
57,688 64,121 65,626 64,712 70,531 - -
10,662 11,808 12,356 10,158 10,263 - -

2,132 2,362 2,471 2,032 2,053 - -
Capital Expenditure
Period Start
Fixed Assets - Capex, Company Produced Assets, Leasing, Di

I Intangible Assets
A Purchases: Intangible Assets Subject to input taxes
Asset 01 USD
Asset 02 USD
Asset 03 USD
Asset 04 USD
Asset 05 USD
1. Total (w/o leasing) USD
B Amortization: Intangible Assets
Cost or Value USD
Amortization per period USD
Accumulated amortization USD Depr. Method
C Company produced additions: Intangible Assets
2. Capitalized assets
D Finance Lease: Intangible Assets
3. Purchases financed by leasing USD
Lease charges (interest) USD
Lease payments USD
E Disposal of Intangible Assets
Proceeds USD
Costs USD
Accumulated amortization (of assets sold) USD
F VAT
VAT on Intangible Assets purchased & leased USD 100.0%
BS Account: Intangible Assets

Balance B/f USD
Increase (purchases + leasing + company prod. additions) USD
Decrease (amortization + disposals) USD
Balance C/f USD
II Tangible Assets
1 Asset class 1: Description
Land and Buildings Subject to input taxes
A Purchases: Land and Buildings
Asset 01 USD
Asset 02 USD
Asset 03 USD
Asset 04 USD
Asset 05 USD
B Depreciation: Land and Buildings
Cost or Value USD
Depreciation per period USD
Accumulated depreciation USD Depr. Method
C Company produced additions: Land and Buildings
D Finance Lease: Land and Buildings
Lease payments USD
E Disposal of Land and Buildings
Proceeds USD
Costs USD
Accumulated depreciation (of assets sold) USD
F VAT
VAT on Land and Buildings purchased & leased USD 100.0%

Plant & Machinery Subject to input taxes
A Purchases: Plant & Machinery
Asset 01 USD
Asset 02 USD
Asset 03 USD
Asset 04 USD
Asset 05 USD
B Depreciation: Plant & Machinery
Cost or Value USD
C Company produced additions: Plant & Machinery
D Finance Lease: Plant & Machinery
Lease payments USD
E Disposal of Plant & Machinery
Proceeds USD
Costs USD
F VAT
VAT on Plant & Machinery purchased & leased USD 90.0%

Vehicles Subject to input taxes
A Purchases: Vehicles
Asset 01 USD
Asset 02 USD
Asset 03 USD
Asset 04 USD
Asset 05 USD
B Depreciation: Vehicles
Cost or Value USD
C Company produced additions: Vehicles
D Finance Lease: Vehicles
Lease payments USD
E Disposal of Vehicles
Proceeds USD
Costs USD
F VAT
VAT on Vehicles purchased & leased USD 60.0%
BS Account: Tangible Assets

Balance B/f USD
Decrease (depreciation + disposals) USD
Balance C/f USD
III Financial Assets

A Purchases: Financial Assets Subject to input taxes
Asset 01 USD
Asset 02 USD
Asset 03 USD
Asset 04 USD
Asset 05 USD
B Depreciation: Financial Assets
Cost or Value USD
C Company produced additions: Financial Assets
D Finance Lease: Financial Assets
Lease payments USD
E Disposal of Financial Assets
Proceeds USD
Costs USD
F VAT
VAT on Financial Assets purchased & leased USD 100.0%
BS Account: Financial Assets

Balance B/f USD
Decrease (depreciation + disposals) USD
Balance C/f USD
IV Summary: Non-current (fixed) assets

Capex and D&A
Capital expenditure (excl. Leasing) USD
thereof intangible assets USD
thereof tangible assets USD
thereof financial assets USD
Depreciation & Amortization per period USD
Capitalised assets
Company produced additions USD
Finance Lease
Purchases financed by leasing USD
Lease payments USD
BS Account: Finance lease obligations
Balance B/f USD
Increase USD
Decrease USD
Balance C/f USD
Disposal of non-current (fixed) assets
Proceeds USD
Costs USD
Accumulated D&A (of assets sold) USD
Profit/Loss disposal of fixed assets USD
VAT
VAT on non-current (fixed) assets USD
Master Check: Inputs for sale of assets OK ? Control

o table of contents
o error checks
01 Feb 18 01 Mar 18 01 Apr 18
31 Jan 18 28 Feb 18 31 Mar 18 30 Apr 18
22 1 1 1
ets, Leasing, Disposals
100% Rate 1 20.0%

118,950 30,000
-
-
-
-
118,950 - - 30,000
Useful life % p.m. - - - 30,000

120 Month(s) 0.83% Ok 15,128 - - -
1 straight-line - - -
-
-
-
-
-
-
Rate => 20.0% 23,790 - - 6,000
- - -
118,950 - - 30,000
(15,128) - - -
- - - 30,000
100% Zero Rate -

-
-
-
-
-
- - - -
Useful life % p.m. - - - -

50 Month(s) 2.00% Ok - - - -
-
-
-
-
-
-
Rate => - - - - -
90% Rate 1 20.0%
25,000 10,000
-
-
-
-
25,000 10,000 - -
Useful life % p.m. 5,000 15,000 15,000 15,000

84 Month(s) 1.19% Ok 6,190 60 179 179
1 straight-line 60 238 417
-
-
-
7,500
5,000
2,000
Rate => 20.0% 4,500 1,800 - -
60% Rate 2 10.0%
40,000 20,000
30,000
-
-
-
70,000 - - 20,000
Useful life % p.m. - - - 20,000

72 Month(s) 1.39% Ok 15,694 - - -
20,000
4,000
15,000
-
-
-
Rate => 10.0% 5,400 - - 1,200
5,000 14,940 14,762

115,000 10,000 - 20,000
(24,885) (60) (179) (179)
5,000 14,940 14,762 34,583
100% Zero Rate -

19,500 7,500
-
-
-
-
19,500 - - 7,500
Useful life % p.m. - - - 7,500

0 Month(s) - Ok - - - -
-
-
-
-
-
-
Rate => - - - - -
- - -
19,500 - - 7,500
- - - -
- - - 7,500
233,450 10,000 - 57,500

118,950 - - 30,000
95,000 10,000 - 20,000
19,500 - - 7,500
37,012 60 179 179
- - - -
20,000 - - -
4,000 - - -
15,000 - - -
- - -
20,000 - - -
(15,000) - - -
- - -
7,500 - - -
5,000 - - -
2,000 - - -
4,500 - - -
33,690 1,800 - 7,200
Ok
1 1 1 1 1 1 1
88,950
- - - - 88,950 - -
30,000 30,000 30,000 30,000 118,950 118,950 118,950

250 250 250 250 250 991 991
250 500 750 1,000 1,250 2,241 3,233
- - - - 17,790 - -
30,000 29,750 29,500 29,250 29,000 117,700 116,709

- - - - 88,950 - -
(250) (250) (250) (250) (250) (991) (991)
29,750 29,500 29,250 29,000 117,700 116,709 115,718
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
15,000
- - - 15,000 - - -
15,000 15,000 15,000 30,000 30,000 30,000 30,000

179 179 179 179 357 357 357
595 774 952 1,131 1,488 1,845 2,202
- - - 2,700 - - -
- - - - - - -
20,000 20,000 20,000 40,000 40,000 40,000 40,000

278 278 278 278 556 556 556
278 556 833 1,111 1,667 2,222 2,778
20,000
250 250 250 250
1,000 1,000 1,000
- - - 1,200 - - -
34,583 34,127 33,671 33,214 67,758 66,845 65,933

- - - 35,000 - - -
(456) (456) (456) (456) (913) (913) (913)
34,127 33,671 33,214 67,758 66,845 65,933 65,020
- - - - - - -
7,500 7,500 7,500 7,500 7,500 7,500 7,500

- - - - - - -
- - - - - - -
- - - - - - -
7,500 7,500 7,500 7,500 7,500 7,500 7,500

- - - - - - -
- - - - - - -
7,500 7,500 7,500 7,500 7,500 7,500 7,500
- - - 15,000 88,950 - -
- - - - 88,950 - -
- - - 15,000 - - -
- - - - - - -
706 706 706 706 1,163 1,904 1,904
- - - - - - -
- - - 20,000 - - -
- - - 250 250 250 250
- - - - 1,000 1,000 1,000
- - - - 20,000 19,000 18,000

- - - 20,000 - - -
- - - - (1,000) (1,000) (1,000)
- - - 20,000 19,000 18,000 17,000
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - 3,900 17,790 - -
1 1 1 1 1 1 1
- - - - - - -
118,950 118,950 118,950 118,950 118,950 118,950 118,950

991 991 991 991 991 991 991
4,224 5,215 6,206 7,198 8,189 9,180 10,171
- - - - - - -
115,718 114,726 113,735 112,744 111,753 110,761 109,770

- - - - - - -
(991) (991) (991) (991) (991) (991) (991)
114,726 113,735 112,744 111,753 110,761 109,770 108,779
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
30,000 30,000 30,000 30,000 30,000 30,000 25,000

357 357 357 357 357 357 357
2,560 2,917 3,274 3,631 3,988 4,345 2,702
7,500
5,000
2,000
- - - - - - -
20,000
30,000
- - 50,000 - - - -
40,000 40,000 90,000 90,000 90,000 90,000 90,000

556 556 556 1,250 1,250 1,250 1,250
3,333 3,889 4,444 5,694 6,944 8,194 9,444
250 250 250 250 250 250 250

1,000 1,000 1,000 1,000 1,000 1,000 1,000
- - 3,000 - - - -
65,020 64,107 63,194 112,282 110,675 109,067 107,460

- - 50,000 - - - -
(913) (913) (913) (1,607) (1,607) (1,607) (4,607)
64,107 63,194 112,282 110,675 109,067 107,460 102,853
12,000
- - - - - 12,000 -
7,500 7,500 7,500 7,500 7,500 19,500 19,500

- - - - - - -
- - - - - - -
- - - - - - -
7,500 7,500 7,500 7,500 7,500 7,500 19,500

- - - - - 12,000 -
- - - - - - -
7,500 7,500 7,500 7,500 7,500 19,500 19,500
- - 50,000 - - 12,000 -
- - - - - - -
- - 50,000 - - - -
- - - - - 12,000 -
1,904 1,904 1,904 2,598 2,598 2,598 2,598
- - - - - - -
- - - - - - -
250 250 250 250 250 250 250
1,000 1,000 1,000 1,000 1,000 1,000 1,000
17,000 16,000 15,000 14,000 13,000 12,000 11,000

- - - - - - -
(1,000) (1,000) (1,000) (1,000) (1,000) (1,000) (1,000)
16,000 15,000 14,000 13,000 12,000 11,000 10,000
- - - - - - 7,500
- - - - - - 5,000
- - - - - - 2,000
- - - - - - 4,500
- - 3,000 - - - -
1 1 1 1 1 - -
- - - - - - -
118,950 118,950 118,950 118,950 118,950 - -

991 991 991 991 991 - -
11,163 12,154 13,145 14,136 15,128 - -
- - - - - - -
108,779 107,788 106,796 105,805 104,814 - -

- - - - - - -
(991) (991) (991) (991) (991) - -
107,788 106,796 105,805 104,814 103,823 - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
25,000 25,000 25,000 25,000 25,000 - -

298 298 298 298 298 - -
3,000 3,298 3,595 3,893 4,190 - -
- - - - - - -
- - - - - - -
90,000 90,000 90,000 90,000 90,000 - -

1,250 1,250 1,250 1,250 1,250 - -
10,694 11,944 13,194 14,444 15,694 - -
250 250 250 250 250 250 250

1,000 1,000 1,000 1,000 1,000 1,000 1,000
- - - - - - -
102,853 101,306 99,758 98,210 96,663 - -

- - - - - - -
(1,548) (1,548) (1,548) (1,548) (1,548) - -
101,306 99,758 98,210 96,663 95,115 - -
- - - - - - -
19,500 19,500 19,500 19,500 19,500 - -

- - - - - - -
- - - - - - -
- - - - - - -
19,500 19,500 19,500 19,500 19,500 - -

- - - - - - -
- - - - - - -
19,500 19,500 19,500 19,500 19,500 - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
2,539 2,539 2,539 2,539 2,539 - -
- - - - - - -
- - - - - - -
250 250 250 250 250 - -
1,000 1,000 1,000 1,000 1,000 - -
10,000 9,000 8,000 7,000 6,000 - -

- - - - - - -
(1,000) (1,000) (1,000) (1,000) (1,000) - -
9,000 8,000 7,000 6,000 5,000 - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
Financing
Period Start
Period End Start
Financial Month
Financing (all figures in USD)

1. Cash before Funding (cash outflows = negative numbers)
Cash collected from sales (incl. VAT)
Changes in advances received
Other operating & extraordinary income
Fixed asset disposals (intangible & tangible assets)
Interest received on cash deposits
Revenue share (cash out)
Cost of Sales (incl. VAT)
Changes in inventory (incl. VAT)
Overheads (incl. VAT)
Direct labor costs (w/o social insurance+income tax)
Social insurance & income tax (PAYE/Payroll withholdings)
Extraordinary expenses
Capital Expenditure (incl. VAT)
Finance lease charges paid
Finance lease capital payments
Changes in advance payments
Utilisation of accruals
Interest paid (Debt 1-4)
Financing fees (Debt 1-4)
Repayment debt 1 (EasyCredit)
Interest paid (debt facilities existent at model start)
Repayment debt facilities (existent at model start)
VAT paid/recovered to/from tax authority
Taxes on income paid
Cash C/f
Cash before funding
2. Financing
To be funded
Funding Waterfall
1st tranche completely in first month ?
1. Share Capital
Subtotal
2. Debt 1 (automatic): EasyCredit
Subtotal
3. Debt 2: URB Bank

Drawdowns
Repayment
Subtotal
4. Debt 3: FounderBank
Drawdowns
Repayment
Subtotal
5. Debt 4: Shareholder Loan

Drawdowns
Repayment
Subtotal
Cash before current account
6. Overdraft Facility (automatic)

Balance B/f
Increase
Reduction
Balance C/f
Amount still available
Interest on overdraft
3. Cash after Funding

Cash after funding
Dividend payout
Cash after dividend payout
Check: Sufficient funding ?
Information line: Repayments and Overdraft Facility
Balance Sheet Accounts (all figures in USD)

1. Share Capital
Balance B/f
Used for funding
Balance C/f
Amount still available
2. Debt 1: EasyCredit (automatic debt)

Flags: EasyCredit
Flag: Drawdown Period [1,0]
Tenor [1,0]
Counter: Tenor month #
Grace Period [1,0]
Repayment Period [1,0]
Payment Flag (Principal + Interest) [1,0]
Remaining Periods #
BS Account: EasyCredit
Balance B/f USD
Drawdown USD
Principal Repayment USD
Balance C/f USD
Amount still available USD
Financing Fees
Upfront Fee USD
Commitment Fee USD
Interest
Interest during grace period (quarterly) USD
Interest during repayment period (quarterly) USD
Total Interest USD
Principal Repayment
Annuity (Principal + Interest) USD
Interest USD
3. Debt 2: URB Bank

Balance B/f USD
Drawdown USD
Balance C/f USD
1 Interest (automat. calculation) USD
0 Interest (manual input) USD
Interest applied USD
Financing Fees Debt 2: URB Bank USD
4. Debt 3: FounderBank
Balance B/f USD
Drawdown USD
Balance C/f USD
Financing Fees Debt 3: FounderBank USD
5. Debt 4: Shareholder Loan
Balance B/f USD
Drawdown USD
Balance C/f USD
Financing Fees Debt 4: Shareholder Loan USD
6. Debt Facilities (at model start)

Balance B/f USD
Balance C/f USD
Interest (manual input) USD
Total pricipal payments (for summary) USD

Go to error checks
01 Feb 18
End 31 Jan 18 28 Feb 18
30 Nov 19 22 1
3
figures in USD)
h outflows = negative numbers) Feb 18
683,432 2,655
4,250 -
7,300 -
Interest p.a. Interest p.m. 7,500 -
1.50% 0.13% 251 -
(39,860) (255)
(161,684) (912)
(51,833) (2,206)
(906,981) (13,772)
(207,225) (1,261)
(136,461) -
- -
(267,140) (11,800)
(4,000) -
(15,000) -
(2,250) -
(1,000) -
(22,142) -
(1,125) (1,021)
(827) -
(729) (42)
(5,000) -
(44,413) -
(20,000) (1,250)
-
(29,864)
(29,864)
che completely in first month ? Additional Tranche

No 01 Apr 18 100,000 230,000 29,864
-
On 7,742 -
-
Int. manually? Interest will be calculated automatically

No 70,000
(10,000)
-

No 110,000
(10,000)
-

No 50,000
-
-
-
136,987 -
Maximum (36,987) -
100,000 - -
100,000 100,000
1.00% per month 13,624 -
-
-
- -
Insufficient Funding ! Fail -
OK -
figures in USD)
20,000
230,000 29,864
20,000 49,864
130,000 130,000
omatic debt) On
End 31/ Jul/ 18 1
1/ Aug/ 18 31/ Jul/ 28 18 -
-
Start 1/ Aug/ 18 - -
18 -
1st repayment Total no of repayments -
1/ Okt/ 18 40 -
-
7,742 -
(827) -
-
100,000 100,000
1,000 1/ Feb/ 18 1,000 1,000

0.02% per month 125 21
0.88% per quarter - -

0.88% per quarter 324 -
324 -
1,151 -
0.88% per quarter 324 -
827 -
-
70,000 -
(10,000) -
Interest p.a. Interest p.m. -
4.5% 0.38% 3,075 -
-
3,075 -
-
-
110,000 -
(10,000) -
4.0% 0.33% 4,952 -
-
4,952 -
-
-
50,000 -
- -
1.0% 0.08% 167 -
-
167 -
-
10,000
(5,000)
10,000 10,000
(729) (42)
(62,814) -
1 1 1 1 1 1 1
4 5 6 7 8 9 10
Mar 18 Apr 18 May 18 Jun 18 Jul 18 Aug 18 Sep 18

2,307 2,423 27,323 2,655 2,655 48,495 1,821
- 3,500 - - - - -
- 2,750 - - - - -
- - - - - - -
- - 113 97 41 - -
(405) (593) (726) (893) (1,059) (1,185) (1,337)
(1,353) (1,904) (2,934) (3,006) (3,598) (5,102) (4,790)
(1,302) (2,355) (1,886) (2,803) (1,921) (2,663) (3,352)
(19,894) (21,593) (27,096) (32,150) (28,684) (31,269) (37,351)
(1,870) (2,631) (3,360) (4,152) (4,971) (5,762) (6,618)
(1,775) (2,140) (2,493) (2,778) (3,088) (3,991) (4,301)
- - - - - - -
- (64,700) - - - (18,900) (106,740)
- - - - - (250) (250)
- - - - - - (1,000)
- - - - - - -
- - - - - - -
- - - - - - (219)
(21) (21) (21) (21) (21) - -
- - - - - - -
(42) (42) (42) (42) (42) (42) (42)
- - - - - - -
1,741 - - (1,807) - - (1,354)
- - (1,250) - - (1,250) -
- - 90,216 77,844 32,945 - -
(22,614) (87,306) 77,844 32,945 (7,742) (21,918) (165,533)
(22,614) (87,306) - - (7,742) (21,918) (165,533)
22,614 177,522 - - - - -
- - - - (7,742) (21,918) (165,533)
- - - - 7,742 - -
- - - - - (21,918) (165,533)
- - - - - (21,918) (165,533)
110,000
- - - - - (21,918) (55,533)
- - - - - (21,918) (55,533)
- 90,216 77,844 32,945 - (21,918) (55,533)
- - - - - - 21,918
- - - - - 21,918 55,533
- - - - - - -
- - - - - 21,918 77,451
100,000 100,000 100,000 100,000 100,000 100,000 78,082
- - - - - - 219
- 90,216 77,844 32,945 - - -
- 90,216 77,844 32,945 - - -

- - - - - - -
- - - - - - -
49,864 72,478 250,000 250,000 250,000 250,000 250,000

22,614 177,522 - - - - -
72,478 250,000 250,000 250,000 250,000 250,000 250,000
100,136 77,522 - - - - -
1 1 1 1 1 - -
- - - - - 1 1
- - - - - 1 2
- - - - - - -
- - - - - 1 1
- - - - - - -
- - - - - - -
- - - - - 7,742 7,742
- - - - 7,742 - -
- - - - - - -
- - - - 7,742 7,742 7,742
100,000 100,000 100,000 100,000 100,000 - -
- - - - - - -
21 21 21 21 21 - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - 110,000
- - - - - - -
- - - - - - 110,000
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
10,000 10,000 10,000 10,000 10,000 10,000 10,000
10,000 10,000 10,000 10,000 10,000 10,000 10,000
(42) (42) (42) (42) (42) (42) (42)
- - - - - - -
1 1 1 1 1 1 1
11 12 1 2 3 4 5
Oct 18 Nov 18 Dec 18 Jan 19 Feb 19 Mar 19 Apr 19

1,821 73,921 1,821 2,088 93,147 1,821 1,821
(2,000) - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
(1,490) (1,613) (1,757) (1,902) (2,027) (2,168) (2,312)
(5,430) (7,368) (6,523) (7,123) (9,444) (8,195) (8,780)
(2,135) (3,008) (1,767) (1,421) (5,332) 867 (3,632)
(36,646) (37,568) (38,683) (41,912) (41,069) (48,549) (46,967)
(7,502) (8,187) (9,012) (9,940) (10,630) (11,435) (12,251)
(5,719) (6,065) (6,338) (6,663) (7,069) (7,346) (8,257)
- - - - - - -
- - - - (53,000) - -
(250) (250) (250) (250) (250) (250) (250)
(1,000) (1,000) (1,000) (1,000) (1,000) (1,000) (1,000)
- - - - - (2,750) -
- - - - - - -
(1,209) (1,367) (1,259) (1,695) (1,626) (1,623) (1,684)
- - - - - - -
(162) - - (164) - - (165)
(42) (42) (42) (42) (42) (21) (21)
- - - - (5,000) - -
- - (7,854) - - (7,101) -
- (1,250) - - (5,000) 5,000 -
- (39,215) - (35,676) (106,700) (156,042) (239,791)
(61,765) (33,013) (72,663) (105,700) (155,042) (238,791) (323,288)
(61,765) (33,013) (72,663) (105,700) (155,042) (238,791) (323,288)
- - - - - - -
(61,765) (33,013) (72,663) (105,700) (155,042) (238,791) (323,288)
- - - - - - -
(61,765) (33,013) (72,663) (105,700) (155,042) (238,791) (323,288)
70,000
(61,765) - (72,663) (105,700) (155,042) (238,791) (323,288)
(1,000) (1,000) (1,000) (1,000)

(61,765) - (72,663) (106,700) (156,042) (239,791) (324,288)
(61,765) - (72,663) (106,700) (156,042) (239,791) (324,288)
(61,765) 36,987 (72,663) (106,700) (156,042) (239,791) (324,288)
77,451 100,000 63,013 100,000 100,000 100,000 100,000

22,549 - 36,987 - - - -
- (36,987) - - - - -
100,000 63,013 100,000 100,000 100,000 100,000 100,000
22,549 - 36,987 - - - -
775 1,000 630 1,000 1,000 1,000 1,000
(39,215) - (35,676) (106,700) (156,042) (239,791) (324,288)
(39,215) - (35,676) (106,700) (156,042) (239,791) (324,288)

1 - 1 1 1 1 1
- - - - - - -
250,000 250,000 250,000 250,000 250,000 250,000 250,000

- - - - - - -
250,000 250,000 250,000 250,000 250,000 250,000 250,000
- - - - - - -
- - - - - - -
1 1 1 1 1 1 1
3 4 5 6 7 8 9
- - - - - - -
1 1 1 1 1 1 1
1 - - 1 - - 1
40 - - 39 - - 38
7,742 7,580 7,580 7,580 7,416 7,416 7,416

- - - - - - -
(162) - - (164) - - (165)
7,580 7,580 7,580 7,416 7,416 7,416 7,251
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
68 - - 66 - - 65
68 - - 66 - - 65
230 - - 230 - - 230

68 - - 66 - - 65
162 - - 164 - - 165
- - 70,000 70,000 70,000 70,000 70,000

- 70,000 - - - - -
- - - - - - -
- 70,000 70,000 70,000 70,000 70,000 70,000
- - 263 263 263 263 263
- - 263 263 263 263 263
110,000 110,000 110,000 110,000 109,000 108,000 107,000

- - - - - - -
- - - (1,000) (1,000) (1,000) (1,000)
110,000 110,000 110,000 109,000 108,000 107,000 106,000
367 367 367 367 363 360 357
367 367 367 367 363 360 357

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
10,000 10,000 10,000 10,000 10,000 5,000 5,000

(5,000)
10,000 10,000 10,000 10,000 5,000 5,000 5,000
(42) (42) (42) (42) (42) (21) (21)
(162) (36,987) - (1,164) (6,000) (1,000) (1,165)

1 1 1 1 1 1 1
6 7 8 9 10 11 12
May 19 Jun 19 Jul 19 Aug 19 Sep 19 Oct 19 Nov 19

114,575 1,821 1,821 136,189 1,821 1,821 158,612
- - - - 2,750 - -
- - - 4,550 - - -
- 7,500 - - - - -
- - - - - - -
(2,441) (2,585) (2,732) (2,869) (3,019) (3,172) (3,321)
(11,543) (9,865) (10,454) (13,676) (11,584) (12,194) (15,904)
(862) (3,745) (1,063) (2,185) (4,047) (909) (4,105)
(50,974) (50,917) (51,839) (63,692) (58,589) (61,075) (66,691)
(12,960) (13,766) (14,587) (15,334) (16,164) (17,016) (17,817)
(8,583) (8,870) (9,194) (9,524) (10,417) (10,753) (11,098)
- - - - - - -
(12,000) - - - - - -
(250) (250) (250) (250) (250) (250) (250)
(1,000) (1,000) (1,000) (1,000) (1,000) (1,000) (1,000)
- - - - - 500 -
- (1,000) - - - - -
(1,616) (1,613) (1,673) (1,648) (1,644) (1,665) (1,602)
- - - - - - -
- - (167) - - (168) -
(21) (21) (21) (21) (21) (21) (21)
- - - - - - -
- (12,856) - - (15,182) - -
(5,000) - - (5,000) - - (5,000)
(324,288) (317,963) (416,128) (458,286) (433,746) (562,093) (668,496)
(316,963) (415,128) (507,286) (432,746) (551,093) (667,996) (636,693)
(316,963) (415,128) (507,286) (432,746) (551,093) (667,996) (636,693)
- - - - - - -
(316,963) (415,128) (507,286) (432,746) (551,093) (667,996) (636,693)
- - - - - - -
(316,963) (415,128) (507,286) (432,746) (551,093) (667,996) (636,693)
(10,000)
(316,963) (415,128) (507,286) (432,746) (561,093) (667,996) (636,693)
(1,000) (1,000) (1,000) (1,000) (1,000) (500) (500)

(317,963) (416,128) (508,286) (433,746) (562,093) (668,496) (637,193)
50,000
(317,963) (416,128) (458,286) (433,746) (562,093) (668,496) (637,193)
(317,963) (416,128) (458,286) (433,746) (562,093) (668,496) (637,193)
100,000 100,000 100,000 100,000 100,000 100,000 100,000

- - - - - - -
- - - - - - -
100,000 100,000 100,000 100,000 100,000 100,000 100,000
- - - - - - -
1,000 1,000 1,000 1,000 1,000 1,000 1,000
(317,963) (416,128) (458,286) (433,746) (562,093) (668,496) (637,193)
(317,963) (416,128) (458,286) (433,746) (562,093) (668,496) (637,193)

1 1 1 1 1 1 1
- - - - - - -
250,000 250,000 250,000 250,000 250,000 250,000 250,000

- - - - - - -
250,000 250,000 250,000 250,000 250,000 250,000 250,000
- - - - - - -
- - - - - - -
1 1 1 1 1 1 1
10 11 12 13 14 15 16
- - - - - - -
1 1 1 1 1 1 1
- - 1 - - 1 -
- - 37 - - 36 -
7,251 7,251 7,251 7,084 7,084 7,084 6,916

- - - - - - -
- - (167) - - (168) -
7,251 7,251 7,084 7,084 7,084 6,916 6,916
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - 63 - - 62 -
- - 63 - - 62 -
- - 230 - - 230 -
- - 63 - - 62 -
- - 167 - - 168 -
70,000 70,000 70,000 70,000 70,000 60,000 60,000

- - - - - - -
- - - - (10,000) - -
70,000 70,000 70,000 70,000 60,000 60,000 60,000
263 263 263 263 263 225 225
263 263 263 263 263 225 225
106,000 105,000 104,000 103,000 102,000 101,000 100,500

- - - - - - -
(1,000) (1,000) (1,000) (1,000) (1,000) (500) (500)
105,000 104,000 103,000 102,000 101,000 100,500 100,000
353 350 347 343 340 337 335
353 350 347 343 340 337 335

- - - 50,000 50,000 50,000 50,000
- - 50,000 - - - -
- - - - - - -
- - 50,000 50,000 50,000 50,000 50,000
- - - 42 42 42 42
- - - 42 42 42 42
5,000 5,000 5,000 5,000 5,000 5,000 5,000
5,000 5,000 5,000 5,000 5,000 5,000 5,000
(21) (21) (21) (21) (21) (21) (21)
(1,000) (1,000) (1,167) (1,000) (11,000) (668) (500)

01 Dec 19 01 Jan 20
31 Dec 19 31 Jan 20
- -
1 2
Dec 19 Jan 20
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
(500) (500)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1 1
17 18
- -
1 1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Integrated Financial Statements (monthly)
Period Start
Days in Period days
Income Statement (all figures in USD)
Revenue
- WonderApp
- WonderMoreX
- Customizing Services
- FutureApp
Total Revenue
Cost of Sales
- COGS
- Direct labor
- Shipping, postage & repackaging expense
- Payment processing fees
- Revenue share expense (if billed directly)
- Other direct costs
Costs of Sales
Gross Profit
Gross profit margin (in %)
- Marketing and Sales
Wages & Salaries
Other Staff Costs
Sales commission expense
Lead generation expense
Promotional materials (advertising, brochures etc.)
Public relations, exhibitions
Marketing campaign / Promotion 01
Marketing campaign / Promotion 02
Communication (Internet, Phone, Mobile etc.) (M&S staff)
Travel & Entertainment (M&S staff)
Vehicle's costs (M&S staff)
Miscellaneous 01
Miscellaneous 02
Miscellaneous 03
- Research and Development
Wages & Salaries
Other Staff Costs
Consultancy
Design, construction & testing of prototypes
Materials
Miscellaneous 01
Miscellaneous 02
Miscellaneous 03
Miscellaneous 04
Miscellaneous 05
Miscellaneous 06
Miscellaneous 07
Miscellaneous 08
Miscellaneous 09
- General and Administration
Wages & Salaries
Other Staff Costs
Rent and rates
Additional property expenses (Power, Heat, Light etc.)
Professional fees (Legal, Tax, Audit etc.)
Insurances / charges / contributions
Patents, Trademarks and Licence Fees
Repairs and maintenance
Communication (Internet, Phone, Mobile etc.)
Office Supplies
Travel & Entertainment
Vehicle's costs
Establishment (Start-up costs)
Miscellaneous 01
Total Overheads
Trading Profit
Other operating income
Bad debts
Profit/loss sale of fixed assets
Depreciation & Amortization
Operating Profit
Interest payable
Interest receivable
Extraordinary income
Net Profit before Tax
Taxes on income
Net Profit after Tax (NPAT)
cumulated
Dividends
BS Account: Retained Earnings
Retained Earnings B/f
Net Profit (after dividend payout)
Retained Earnings C/f
Cash Flow (Direct) (all figures in USD)
Cash Inflows
Cash collected from sales (incl. VAT)
Changes in advances received
Other operating & extraordinary income
Fixed asset disposals (intangible & tangible assets)
Interest received on cash deposits
Total Cash Inflows
Cash Outflows
Revenue share
Other Direct Costs (incl. VAT)
Changes in inventory (incl. VAT)
Overheads (incl. VAT)
Direct labor expenses (w/o social insurance+income tax)
Social insurance & income tax (PAYE/Payroll withholdings)
Capital Expenditure (incl. VAT)
Finance lease charges paid
Finance lease capital payments
Changes in advance payments
Utilisation of accruals
Interest paid (Debt 1-4)
Financing fees (Debt 1-4)
Interest paid (debt facilities existent at model start)
VAT paid/recovered to/from tax authority
Taxes on income paid
Total Cash Outflows
Financing
Equity
Share Capital
Debt pos. = draw down; neg. = repayment
Debt Facilities (at model start)
Debt 1: EasyCredit
Debt 2: URB Bank
Debt 3: FounderBank
Debt 4: Shareholder Loan
Overdraft Facility
Total Financing
Cash flow available for equity (CFADS)
Dividend payments

Net Cash Flow
Cash B/f
Cash C/f
Check: Cash always ≥ 0
Balance Sheet (all figures in USD)
Intangible Assets
Tangible Assets
Financial Assets
Total Non-current Assets
Inventory
Advance Payments
Accounts Receivables
VAT owed to company
Cash at Bank
Total Current Assets
Overdraft Facility
Advances Received
Accounts Payables
Deferred Revenue
Accrued Revenue Share
Accruals
Finance Lease Obligations
Payroll withholdings owed
VAT owed by company
Taxes on income owed
VAT owed to tax authority
Total Current Liabilities
Net current assets

Total assets less current liabilities
Repayment ≤ Debt Facility ?
Debt Facilities (at model start) Ok
Debt 1: EasyCredit Ok
Debt 2: URB Bank Ok
Debt 3: FounderBank Ok
Debt 4: Shareholder Loan Ok
Long-term Liabilities
NET ASSETS
Share Capital
Retained Earnings / (loss carried forward)
Shareholders Equity
Check 1
Check 2
Auxiliary Calculations
Target Stocks / Change in Inventory
Inventory planning can be easily switched on/off on sheet inputs in row 232 Active ? =>
Reference: Net Sales USD
Inventory target (based on days of inventory on hand) USD
Resulting changes in inventory USD max decease
BS Account: Inventory / Stocks (manufacturing & merchandise)

Balance B/f USD
Increase / (Decrease) USD
Balance C/f USD
VAT on inventory increases

Purchase of stocks (inventory increases) USD Subject to input taxes
VAT on stocks purchases USD 80.0%
to table of contents
to error checks
01 Feb 18 01 Mar 18 01 Apr 18 01 May 18
31 Jan 18 28 Feb 18 31 Mar 18 30 Apr 18 31 May 18
22 1 1 1 1
28 31 30 31
Feb 18 Mar 18 Apr 18 May 18
1,673,720 12,325 17,125 22,663 28,458
1,673,720 12,325 17,125 22,663 28,458
128,364 787 1,167 1,642 2,096

248,057 1,509 2,238 3,149 4,022
- - - - -
11,018 - - - 433
- - - - -
- - - - -
387,440 2,296 3,405 4,791 6,551
1,286,280 10,029 13,720 17,872 21,907
81.4% 80.1% 78.9% 77.0%
Check 425,641 <=> 425,641 4,949 8,251 15,761 12,293

236,251 1,798 3,026 4,040 4,748
47,250 360 605 808 950
60,888 661 910 1,138 1,278
13,940 180 360 450 468
19,361 250 500 625 650
10,150 950 950 950 950
12,000 - - 7,000 -
4,300 - 1,150 - -
5,000 - - - 2,500
7,700 350 350 350 350
8,800 400 400 400 400
- - - - -
- - - - -
- - - - -
- - - - -
Check 245,534 <=> 245,534 5,625 5,340 5,355 5,370
158,117 2,917 2,917 2,917 2,917
31,623 583 583 583 583
19,087 625 325 325 325
36,707 1,500 1,515 1,530 1,545
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Check 307,790 <=> 307,790 8,354 8,104 8,104 8,104
143,850 2,917 2,917 2,917 2,917
28,770 583 583 583 583
35,570 954 704 704 704
72,000 3,000 3,000 3,000 3,000
21,600 900 900 900 900
6,000 - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Check 978,965 <=> 978,965 18,929 21,695 29,221 25,768
307,315 (8,899) (7,975) (11,349) (3,861)
2,750 - - 2,750 -
16,796 110 163 219 280
4,500 - - - -
37,012 60 179 179 706
260,756 (9,069) (8,316) (8,997) (4,848)
27,996 1,063 63 63 63
251 - - - 113
6,750 - - - -
4,550 - - - -
230,812 (10,131) (8,379) (9,059) (4,797)
43,162 - - - -
187,650 (10,131) (8,379) (9,059) (4,797)
(23,500) (33,631) (42,010) (51,069) (55,866)
- - - - -
(23,500) (33,631) (42,010) (51,069)

187,650 (10,131) (8,379) (9,059) (4,797)
(23,500) (33,631) (42,010) (51,069) (55,866)
Feb 18 Mar 18 Apr 18 May 18
683,432 2,655 2,307 2,423 27,323

4,250 - - 3,500 -
7,300 - - 2,750 -
7,500 - - - -
251 - - - 113
702,734 2,655 2,307 8,673 27,436
(39,860) (255) (405) (593) (726)

(161,684) (912) (1,353) (1,904) (2,934)
(51,833) (2,206) (1,302) (2,355) (1,886)
(906,981) (13,772) (19,894) (21,593) (27,096)
(207,225) (1,261) (1,870) (2,631) (3,360)
(136,461) - (1,775) (2,140) (2,493)
- - - - -
(267,140) (11,800) - (64,700) -
(4,000) - - - -
(15,000) - - - -
(2,250) - - - -
(1,000) - - - -
(22,142) - - - -
(1,125) (1,021) (21) (21) (21)
(729) (42) (42) (42) (42)
(44,413) - 1,741 - -
(20,000) (1,250) - - (1,250)
(1,881,842) (32,519) (24,921) (95,978) (39,808)
230,000 29,864 22,614 177,522 -

neg. = repayment
(5,000) - - - -
6,916 - - - -
60,000 - - - -
100,000 - - - -
50,000 - - - -
100,000 - - - -
541,916 29,864 22,614 177,522 -
- - 90,216 (12,372)
- - - - -
(637,193) - - 90,216 (12,372)

- - - 90,216
- - - 90,216 77,844
Fail - - - -
Opening B. Feb 18 Mar 18 Apr 18 May 18
- - - 30,000 29,750
5,000 14,940 14,762 34,583 34,127
- - - 7,500 7,500
5,000 14,940 14,762 72,083 71,377
2,500 4,402 5,524 7,554 9,180

- - - -
5,000 15,067 30,331 51,163 56,398
1,744 4,320 7,786 8,757
- - - 90,216 77,844
7,500 21,212 40,174 156,720 152,179
- - - - -
- - 3,500 3,500
6,000 9,780 10,825 18,070 16,994
- - - -
- - - -
- - - - -
- - - -
- 1,775 2,140 2,493 2,778
1,356 2,165 3,614 3,399
(1,250) (1,250) (1,250) (2,500)
(1,741) 588 (6,555) (4,748)
6,000 9,920 14,468 19,872 19,422
1,500 11,293 25,707 136,848 132,757

6,500 26,233 40,468 208,931 204,134
10,000 10,000 10,000 10,000 10,000

- - - -
- - - -
- - - -
- - - -
10,000 10,000 10,000 10,000 10,000
(3,500) 16,233 30,468 198,931 194,134
20,000 49,864 72,478 250,000 250,000

(23,500) (33,631) (42,010) (51,069) (55,866)
(3,500) 16,233 30,468 198,931 194,134
Check opening balance => Ok
Ok - - - -
Ok - - -
Active ? => Yes

1,673,720 12,325 17,125 22,663 28,458
10 day(s) 4,402 5,524 7,554 9,180
max decease 80% of net sales 1,902 1,122 2,030 1,626
2,500 4,402 5,524 7,554

44,564 1,902 1,122 2,030 1,626
2,500 4,402 5,524 7,554 9,180
bject to input taxes VAT Rate 45,431 1,902 1,122 2,030 1,626
20.0% 7,269 304 180 325 260
01 Jun 18 01 Jul 18 01 Aug 18 01 Sep 18 01 Oct 18 01 Nov 18 01 Dec 18
1 1 1 1 1 1 1
30 31 31 30 31 30 31
Jun 18 Jul 18 Aug 18 Sep 18 Oct 18 Nov 18 Dec 18
34,789 41,083 48,198 55,312 62,863 68,614 75,623
34,789 41,083 48,198 55,312 62,863 68,614 75,623
2,591 3,102 3,595 4,129 4,681 5,109 5,623

4,971 5,950 6,897 7,922 8,980 9,801 10,788
- - - - - - -
- - 803 - - 1,243 -
- - - - - - -
- - - - - - -
7,562 9,052 11,296 12,051 13,662 16,152 16,411
27,227 32,031 36,902 43,261 49,201 52,462 59,213
78.3% 78.0% 76.6% 78.2% 78.3% 76.5% 78.3%
10,955 12,251 12,364 13,625 14,925 15,957 17,206

5,514 6,306 7,077 7,908 8,767 9,455 10,268
1,103 1,261 1,415 1,582 1,753 1,891 2,054
1,475 1,675 1,864 2,078 2,294 2,447 2,663
487 506 526 547 569 592 616
676 703 731 760 791 822 855
950 - - - - - -
- - - - - - -
- 1,050 - - - - -
- - - - - - -
350 350 350 350 350 350 350
400 400 400 400 400 400 400
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
5,386 5,402 5,417 13,158 12,574 12,591 12,607
2,917 2,917 2,917 8,333 8,333 8,333 8,333
583 583 583 1,667 1,667 1,667 1,667
325 325 325 1,550 950 950 950
1,561 1,577 1,592 1,608 1,624 1,641 1,657
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
9,604 12,558 12,308 12,308 12,308 13,808 12,308
2,917 5,833 5,833 5,833 5,833 5,833 5,833
583 1,167 1,167 1,167 1,167 1,167 1,167
704 1,658 1,408 1,408 1,408 1,408 1,408
3,000 3,000 3,000 3,000 3,000 3,000 3,000
900 900 900 900 900 900 900
1,500 - - - - 1,500 -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
25,945 30,211 30,090 39,092 39,807 42,356 42,121
1,282 1,820 6,813 4,169 9,394 10,106 17,091
- - - - - - -
341 406 477 551 628 687 758
- - - - - - -
706 706 706 1,163 1,904 1,904 1,904
235 708 5,629 2,456 6,862 7,516 14,429
63 63 292 511 1,501 1,658 1,551
97 41 - - - - -
- 6,750 - - - - -
- - - - - - -
270 (6,064) 5,337 1,945 5,362 5,857 12,878
- - - - - - 3,597
270 (6,064) 5,337 1,945 5,362 5,857 9,281
(55,597) (61,660) (56,323) (54,378) (49,017) (43,159) (33,878)
- - - - - - -
(55,866) (55,597) (61,660) (56,323) (54,378) (49,017) (43,159)

270 (6,064) 5,337 1,945 5,362 5,857 9,281
(55,597) (61,660) (56,323) (54,378) (49,017) (43,159) (33,878)
2,655 2,655 48,495 1,821 1,821 73,921 1,821

- - - - (2,000) - -
- - - - - - -
- - - - - - -
97 41 - - - - -
2,752 2,696 48,495 1,821 (179) 73,921 1,821
(893) (1,059) (1,185) (1,337) (1,490) (1,613) (1,757)

(3,006) (3,598) (5,102) (4,790) (5,430) (7,368) (6,523)
(2,803) (1,921) (2,663) (3,352) (2,135) (3,008) (1,767)
(32,150) (28,684) (31,269) (37,351) (36,646) (37,568) (38,683)
(4,152) (4,971) (5,762) (6,618) (7,502) (8,187) (9,012)
(2,778) (3,088) (3,991) (4,301) (5,719) (6,065) (6,338)
- - - - - - -
- - (18,900) (106,740) - - -
- - (250) (250) (250) (250) (250)
- - - (1,000) (1,000) (1,000) (1,000)
- - - - - - -
- - - - - - -
- - - (219) (1,209) (1,367) (1,259)
(21) (21) - - - - -
(42) (42) (42) (42) (42) (42) (42)
(1,807) - - (1,354) - - (7,854)
- - (1,250) - - (1,250) -
(47,652) (43,383) (70,413) (167,354) (61,423) (67,718) (74,484)
- - - - - - -
- - - - - - -
- 7,742 - - (162) - -
- - - - - 70,000 -
- - - 110,000 - - -
- - - - - - -
- - 21,918 55,533 22,549 (36,987) 36,987
- 7,742 21,918 165,533 22,387 33,013 36,987
(44,900) (32,945) - - (39,215) 39,215 (35,676)
- - - - - - -
(44,900) (32,945) - - (39,215) 39,215 (35,676)

77,844 32,945 - - - (39,215) -
32,945 - - - (39,215) - (35,676)
- - - - 1 - 1
29,500 29,250 29,000 117,700 116,709 115,718 114,726

33,671 33,214 67,758 66,845 65,933 65,020 64,107
7,500 7,500 7,500 7,500 7,500 7,500 7,500
70,671 69,964 104,258 192,045 190,141 188,237 186,333
11,596 13,252 15,548 18,437 20,278 22,871 24,395

- - - - - - -
89,335 128,668 135,768 190,296 252,451 258,267 333,319
14,160 20,587 21,723 30,447 40,392 41,323 53,331
32,945 - - - (39,215) - (35,676)
148,037 162,507 173,038 239,181 273,906 322,461 375,369
- - 21,918 77,451 100,000 63,013 100,000

3,500 3,500 3,500 3,500 1,500 1,500 1,500
11,569 11,747 9,376 8,408 8,493 10,079 10,169
- - - - - - -
- - - - - - -
- 6,750 6,750 6,750 6,750 6,750 6,750
- - 20,000 19,000 18,000 17,000 16,000
3,088 3,991 4,301 5,719 6,065 6,338 6,663
2,314 2,349 1,875 1,682 1,699 2,016 2,034
(2,500) (2,500) (3,750) (3,750) (3,750) (5,000) (1,403)
(3,667) 553 1,907 (10,898) (3,272) 4,582 6,288
14,304 26,389 65,877 107,862 135,484 106,278 148,000
133,733 136,118 107,161 131,319 138,422 216,183 227,369

204,403 206,082 211,419 323,364 328,563 404,421 413,702
10,000 10,000 10,000 10,000 10,000 10,000 10,000

- 7,742 7,742 7,742 7,580 7,580 7,580
- - - - - 70,000 70,000
- - - 110,000 110,000 110,000 110,000
- - - - - - -
10,000 17,742 17,742 127,742 127,580 197,580 197,580
194,403 188,340 193,677 195,622 200,983 206,841 216,122
250,000 250,000 250,000 250,000 250,000 250,000 250,000

(55,597) (61,660) (56,323) (54,378) (49,017) (43,159) (33,878)
194,403 188,340 193,677 195,622 200,983 206,841 216,122
- - - - - - -
- - - - - - -
34,789 41,083 48,198 55,312 62,863 68,614 75,623

11,596 13,252 15,548 18,437 20,278 22,871 24,395
2,416 1,656 2,295 2,890 1,841 2,593 1,523
9,180 11,596 13,252 15,548 18,437 20,278 22,871

2,416 1,656 2,295 2,890 1,841 2,593 1,523
11,596 13,252 15,548 18,437 20,278 22,871 24,395
2,416 1,656 2,295 2,890 1,841 2,593 1,523
387 265 367 462 295 415 244
01 Jan 19 01 Feb 19 01 Mar 19 01 Apr 19 01 May 19 01 Jun 19 01 Jul 19
31 Jan 19 28 Feb 19 31 Mar 19 30 Apr 19 31 May 19 30 Jun 19 31 Jul 19
1 1 1 1 1 1 1
31 28 31 30 31 30 31
Jan 19 Feb 19 Mar 19 Apr 19 May 19 Jun 19 Jul 19
79,422 84,606 90,982 97,441 102,993 109,356 115,842
79,422 84,606 90,982 97,441 102,993 109,356 115,842
6,141 6,567 7,064 7,569 8,007 8,504 9,012

11,899 12,724 13,688 14,665 15,513 16,478 17,462
- - - - - - -
- 1,575 - - 1,944 - -
- - - - - - -
- - - - - - -
18,040 20,866 20,753 22,234 25,464 24,982 26,474
61,382 63,740 70,230 75,208 77,529 84,374 89,368
77.3% 75.3% 77.2% 77.2% 75.3% 77.2% 77.1%
20,701 19,720 20,971 22,234 25,858 30,634 26,933

11,244 11,951 12,763 13,589 14,325 15,151 15,996
2,249 2,390 2,553 2,718 2,865 3,030 3,199
2,878 3,038 3,250 3,455 3,627 3,841 4,051
640 666 693 720 749 779 810
890 925 962 1,001 1,041 1,082 1,126
1,000 - - - - 1,000 1,000
- - - - - 5,000 -
1,050 - - - - - -
- - - - 2,500 - -
350 350 350 350 350 350 350
400 400 400 400 400 400 400
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
12,729 12,745 12,762 12,779 12,796 12,814 12,831
8,417 8,417 8,417 8,417 8,417 8,417 8,417
1,683 1,683 1,683 1,683 1,683 1,683 1,683
955 955 955 955 955 955 955
1,674 1,690 1,707 1,724 1,741 1,759 1,776
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
12,382 12,382 16,874 18,124 16,624 17,924 17,924
5,892 5,892 8,838 8,838 8,838 8,838 8,838
1,178 1,178 1,768 1,768 1,768 1,768 1,768
1,412 1,412 2,369 2,119 2,119 2,119 2,119
3,000 3,000 3,000 3,000 3,000 4,000 4,000
900 900 900 900 900 1,200 1,200
- - - 1,500 - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
45,812 44,848 50,607 53,137 55,278 61,372 57,688
15,571 18,892 19,623 22,071 22,252 23,002 31,681
- - - - - - -
795 851 916 982 1,039 1,104 1,170
- - - - - 4,500 -
1,904 1,904 2,598 2,598 2,598 2,598 2,539
12,871 16,137 16,109 18,491 18,615 23,800 27,972
1,987 1,918 1,893 1,955 1,887 1,883 1,943
- - - - - - -
- - - - - - -
- - - - - - -
10,884 14,220 14,215 16,536 16,728 21,917 26,028
3,597 3,597 3,597 3,597 3,597 3,597 3,597
7,287 10,623 10,619 12,939 13,131 18,320 22,431
(26,591) (15,967) (5,349) 7,590 20,721 39,041 61,473
- - - - - - -
(33,878) (26,591) (15,967) (5,349) 7,590 20,721 39,041

7,287 10,623 10,619 12,939 13,131 18,320 22,431
(26,591) (15,967) (5,349) 7,590 20,721 39,041 61,473
2,088 93,147 1,821 1,821 114,575 1,821 1,821

- - - - - - -
- - - - - - -
- - - - - 7,500 -
- - - - - - -
2,088 93,147 1,821 1,821 114,575 9,321 1,821
(1,902) (2,027) (2,168) (2,312) (2,441) (2,585) (2,732)

(7,123) (9,444) (8,195) (8,780) (11,543) (9,865) (10,454)
(1,421) (5,332) 867 (3,632) (862) (3,745) (1,063)
(41,912) (41,069) (48,549) (46,967) (50,974) (50,917) (51,839)
(9,940) (10,630) (11,435) (12,251) (12,960) (13,766) (14,587)
(6,663) (7,069) (7,346) (8,257) (8,583) (8,870) (9,194)
- - - - - - -
- (53,000) - - (12,000) - -
(250) (250) (250) (250) (250) (250) (250)
(1,000) (1,000) (1,000) (1,000) (1,000) (1,000) (1,000)
- - (2,750) - - - -
- - - - - (1,000) -
(1,695) (1,626) (1,623) (1,684) (1,616) (1,613) (1,673)
- - - - - - -
(42) (42) (21) (21) (21) (21) (21)
- - (7,101) - - (12,856) -
- (5,000) 5,000 - (5,000) - -
(71,949) (136,488) (84,570) (85,154) (107,249) (106,486) (92,812)
- - - - - - -
- (5,000) - - - - -
(164) - - (165) - - (167)
- - - - - - -
(1,000) (1,000) (1,000) (1,000) (1,000) (1,000) (1,000)
- - - - - - 50,000
- - - - - - -
(1,164) (6,000) (1,000) (1,165) (1,000) (1,000) 48,833
(71,024) (49,342) (83,749) (84,498) 6,326 (98,165) (42,158)
- - - - - - -
(71,024) (49,342) (83,749) (84,498) 6,326 (98,165) (42,158)

(35,676) (106,700) (156,042) (239,791) (324,288) (317,963) (416,128)
(106,700) (156,042) (239,791) (324,288) (317,963) (416,128) (458,286)
1 1 1 1 1 1 1
113,735 112,744 111,753 110,761 109,770 108,779 107,788

63,194 112,282 110,675 109,067 107,460 102,853 101,306
7,500 7,500 7,500 7,500 19,500 19,500 19,500
184,429 232,525 229,927 227,329 236,730 231,132 228,593
25,620 30,216 29,349 32,480 33,224 36,452 37,368

- - 2,750 2,750 2,750 2,750 2,750
412,048 417,531 508,196 605,397 611,022 720,289 836,123
65,928 66,805 81,311 96,864 97,763 115,246 133,780
(106,700) (156,042) (239,791) (324,288) (317,963) (416,128) (458,286)
396,895 358,510 381,815 413,203 426,796 458,609 551,735
100,000 100,000 100,000 100,000 100,000 100,000 100,000

1,500 1,500 1,500 1,500 1,500 1,500 1,500
10,810 10,905 8,952 10,552 10,656 16,562 17,671
- - - - - - -
- - - - - - -
6,750 6,750 6,750 6,750 6,750 5,750 5,750
15,000 14,000 13,000 12,000 11,000 10,000 9,000
7,069 7,346 8,257 8,583 8,870 9,194 9,524
2,162 2,181 1,790 2,110 2,131 3,312 3,534
2,194 791 9,387 12,984 11,581 15,178 18,775
16,014 23,114 28,038 40,211 53,067 52,954 68,017
161,499 166,587 177,675 194,691 205,554 214,449 233,772
235,396 191,923 204,140 218,512 221,242 244,160 317,963

419,825 424,449 434,067 445,841 457,972 475,292 546,556
10,000 5,000 5,000 5,000 5,000 5,000 5,000

7,416 7,416 7,416 7,251 7,251 7,251 7,084
70,000 70,000 70,000 70,000 70,000 70,000 70,000
109,000 108,000 107,000 106,000 105,000 104,000 103,000
- - - - - - 50,000
196,416 190,416 189,416 188,251 187,251 186,251 235,084
223,409 234,033 244,651 257,590 270,721 289,041 311,473
250,000 250,000 250,000 250,000 250,000 250,000 250,000

(26,591) (15,967) (5,349) 7,590 20,721 39,041 61,473
223,409 234,033 244,651 257,590 270,721 289,041 311,473
- - - - - - -
- - - - - - -
79,422 84,606 90,982 97,441 102,993 109,356 115,842

25,620 30,216 29,349 32,480 33,224 36,452 37,368
1,225 4,596 (867) 3,131 743 3,228 916
24,395 25,620 30,216 29,349 32,480 33,224 36,452

1,225 4,596 (867) 3,131 743 3,228 916
25,620 30,216 29,349 32,480 33,224 36,452 37,368
1,225 4,596 - 3,131 743 3,228 916
196 735 - 501 119 517 147
01 Aug 19 01 Sep 19 01 Oct 19 01 Nov 19 01 Dec 19 01 Jan 20
31 Aug 19 30 Sep 19 31 Oct 19 30 Nov 19 31 Dec 19 31 Jan 20
1 1 1 1 - -
31 30 31 30 31 31
Aug 19 Sep 19 Oct 19 Nov 19 Dec 19 Jan 20
121,682 128,224 134,927 141,192 - -
121,682 128,224 134,927 141,192 - -
9,473 9,986 10,512 11,007 - -

18,355 19,350 20,369 21,328 - -
- - - - - -
2,317 - - 2,703 - -
- - - - - -
- - - - - -
30,145 29,336 30,881 35,039 - -
91,537 98,888 104,046 106,153 - -
75.2% 77.1% 77.1% 75.2% - -
29,187 29,473 30,042 31,351 - -

16,779 17,642 18,528 19,375 - -
3,356 3,528 3,706 3,875 - -
4,238 4,459 4,681 4,886 - -
843 877 912 948 - -
1,171 1,217 1,266 1,317 - -
1,000 1,000 200 200 - -
- - - - - -
1,050 - - - - -
- - - - - -
350 350 350 350 - -
400 400 400 400 - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
17,011 16,729 16,747 16,765 - -
11,363 11,363 11,363 11,363 - -
2,273 2,273 2,273 2,273 - -
1,582 1,282 1,282 1,282 - -
1,794 1,812 1,830 1,849 - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
17,924 19,424 17,924 22,415 - -
8,838 8,838 8,838 11,783 - -
1,768 1,768 1,768 2,357 - -
2,119 2,119 2,119 3,075 - -
4,000 4,000 4,000 4,000 - -
1,200 1,200 1,200 1,200 - -
- 1,500 - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
64,121 65,626 64,712 70,531 - -
27,415 33,262 39,334 35,622 - -
- - - - - -
1,230 1,297 1,365 1,429 - -
- - - - - -
2,539 2,539 2,539 2,539 - -
23,647 29,426 35,430 31,654 - -
1,918 1,915 1,936 1,873 - -
- - - - - -
- - - - - -
4,550 - - - - -
26,278 27,511 33,494 29,781 - -
3,597 3,597 3,597 3,597 - -
22,682 23,914 29,897 26,184 - -
84,154 108,068 137,965 164,150 - -
- - - - - -
61,473 84,154 108,068 137,965 - -

22,682 23,914 29,897 26,184 - -
84,154 108,068 137,965 164,150 - -
136,189 1,821 1,821 158,612 - -

- 2,750 - - - -
4,550 - - - - -
- - - - - -
- - - - - -
140,739 4,571 1,821 158,612 - -
(2,869) (3,019) (3,172) (3,321) - -

(13,676) (11,584) (12,194) (15,904) - -
(2,185) (4,047) (909) (4,105) - -
(63,692) (58,589) (61,075) (66,691) - -
(15,334) (16,164) (17,016) (17,817) - -
(9,524) (10,417) (10,753) (11,098) - -
- - - - - -
- - - - - -
(250) (250) (250) (250) - -
(1,000) (1,000) (1,000) (1,000) - -
- - 500 - - -
- - - - - -
(1,648) (1,644) (1,665) (1,602) - -
- - - - - -
(21) (21) (21) (21) - -
- (15,182) - - - -
(5,000) - - (5,000) - -
(115,199) (121,918) (107,556) (126,810) - -
- - - - - -
- - - - - -
- - (168) - - -
- (10,000) - - - -
(1,000) (1,000) (500) (500) - -
- - - - - -
- - - - - -
(1,000) (11,000) (668) (500) - -
24,540 (128,347) (106,403) 31,302 - -
- - - - - -
24,540 (128,347) (106,403) 31,302 - -

(458,286) (433,746) (562,093) (668,496) - -
(433,746) (562,093) (668,496) (637,193) - -
1 1 1 1 - -
106,796 105,805 104,814 103,823 - -

99,758 98,210 96,663 95,115 - -
19,500 19,500 19,500 19,500 - -
226,054 223,515 220,976 218,438 - -
39,252 42,741 43,525 47,064 - -

2,750 2,750 2,250 2,250 - -
842,040 970,416 1,105,580 1,111,929 - -
134,726 155,267 176,893 177,909 - -
(433,746) (562,093) (668,496) (637,193) - -
585,023 609,081 659,752 701,958 - -
100,000 100,000 100,000 100,000 - -

1,500 4,250 4,250 4,250 - -
13,834 15,450 13,720 11,544 - -
- - - - - -
- - - - - -
5,750 5,750 5,750 5,750 - -
8,000 7,000 6,000 5,000 - -
10,417 10,753 11,098 12,015 - -
2,767 3,090 2,744 2,309 - -
17,372 20,969 24,566 23,162 - -
83,199 84,181 102,220 120,300 - -
242,839 251,444 270,348 284,330 - -
342,184 357,637 389,404 417,628 - -

568,238 581,152 610,381 636,065 - -
5,000 5,000 5,000 5,000 - -

7,084 7,084 6,916 6,916 - -
70,000 60,000 60,000 60,000 - -
102,000 101,000 100,500 100,000 - -
50,000 50,000 50,000 50,000 - -
234,084 223,084 222,416 221,916 - -
334,154 358,068 387,965 414,150 - -
250,000 250,000 250,000 250,000 - -

84,154 108,068 137,965 164,150 - -
334,154 358,068 387,965 414,150 - -
- - - - - -
- - - - - -
121,682 128,224 134,927 141,192 - -

39,252 42,741 43,525 47,064 - -
1,884 3,489 784 3,539 - -
37,368 39,252 42,741 43,525 - -

1,884 3,489 784 3,539 - -
39,252 42,741 43,525 47,064 - -
1,884 3,489 784 3,539 - -
301 558 125 566 - -
Receivables & Payables (Working Capital)
Period Start
Period End Start
Month of model #
Flag: Month of model > 1M [0;1]
Receivables
1 Accounts Receivables
BS Account: Accounts Receivables
Balance B/f USD
Increase/(Decrease) Offering 1: WonderApp USD
Increase/(Decrease) Offering 2: WonderMoreX USD
Increase/(Decrease) Offering 3: Customizing Services USD
Increase/(Decrease) Offering 4: FutureApp USD
Phasing out of opening BS (Accounts Receivables) USD
Balance C/f USD
VAT receipts (on cash received basis)

Total VAT receipts USD
BS Account: VAT owed to company

Balance B/f USD
Output VAT USD
VAT received USD
Balance C/f USD
2 Deferred Revenue
BS Account: Deferred Revenue
Balance B/f USD
Increase/(Decrease) Offering 1: WonderApp USD
Increase/(Decrease) Offering 2: WonderMoreX USD
Increase/(Decrease) Offering 3: Customizing Services USD
Increase/(Decrease) Offering 4: FutureApp USD
Balance C/f USD
Payables
1 Accounts Payables
Overhead Expenses (w/o payroll expenses) => cash out
Marketing and Sales Costs
Promotional materials (advertising, brochures etc.) USD
Public relations, exhibitions USD
Communication (Internet, Phone, Mobile etc.) (M&S staff) USD
Travel & Entertainment (M&S staff) USD
Vehicle's costs (M&S staff) USD
Research and Development Costs
Consultancy USD
Design, construction & testing of prototypes USD
Materials USD
General and Administration Costs
Rent and rates USD
Additional property expenses (Power, Heat, Light etc.) USD
Professional fees (Legal, Tax, Audit etc.) USD
Insurances / charges / contributions USD
Patents, Trademarks and Licence Fees USD
Repairs and maintenance USD
Communication (Internet, Phone, Mobile etc.) USD
Office Supplies USD
Travel & Entertainment USD
Vehicle's costs USD
Establishment (Start-up costs) USD
Total cash out overheads (w/o payroll expenses) USD
Phasing out of opening BS (Accounts Payables) USD
BS Account: Accounts Payables

Balance B/f USD
Payable USD
Paid USD
Balance C/f USD
VAT payments (overheads)

VAT on overheads (on cash paid basis) USD
2 Revenue share
Revenue share (cash out)
Total cash out revenue share USD
BS Account: Accrued revenue share

Balance B/f USD
Payable USD
Paid USD
Balance C/f USD
3 Summary: VAT owed by company

BS Account: VAT owed to company
Balance B/f USD
Input VAT USD
VAT paid USD
Balance C/f USD
4 Payroll Withholdings
BS Account: Payroll withholdings owed => Social insurances & income taxes
Balance B/f USD
Payable USD
Paid (following month) USD
Balance C/f USD
Working Capital
Inventory / Stock (manufacturing & merchandise)
Advance payments
Accounts Receivables
Negative Working Capital
Advances received
Accounts Payables
Positive Working Capital
Net Working Capital

Go to error checks
01 Feb 18 01 Mar 18
End 31 Jan 18 28 Feb 18 31 Mar 18
30 Nov 19 22 1 1
1 2
- 1
- -
- -
5,000 15,067
1,111,929 10,900 16,097
- - -
- - -
- - -
5,000 6 Month(s) Phasing out period (5,000) (833) (833)
Opening BS 5,000 15,067 30,331
Total
93,577 251 203
- - -
- - -
- - -
93,577 251 203
- 1,744
271,485 1,995 2,779
(93,577) (251) (203)
1,744 4,320
- -
- - -
- - -
- - -
- - -
- -
Credit Periods
1 13,940 - 180
1 19,361 - 250
2 10,150 - -
2 12,000 - -
2 4,300 - -
- 5,000 - -
- 7,700 350 350
- 8,800 400 400
- - - -
- - - -
- - - -
- - - -
2 36,707 - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
1 72,000 - 3,000
1 21,600 - 900
2 6,000 - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
217,559 750 5,080
6,000 2 Month(s) Phasing out period 6,000 3,000 3,000
6,000 9,780
217,559 7,530 9,125
(223,559) (3,750) (8,080)
Check Ok Opening BS 6,000 9,780 10,825
Subject to input taxes VAT Rate

100.0% 20.0% 43,512 150 1,016
(only in case of direct billing) Total

Direct billing ? No - - -
- - -
- -
- - -
- - -
- -
- 1,356
43,512 1,506 1,825
(43,512) (150) (1,016)
1,356 2,165
Social insurances & income taxes

Total - 1,775
148,476 1,775 2,140
(148,476) - (1,775)
- 1,775 2,140
01 Apr 18 01 May 18 01 Jun 18 01 Jul 18 01 Aug 18 01 Sep 18 01 Oct 18
1 1 1 1 1 1 1
3 4 5 6 7 8 9
1 1 1 1 1 1 1
1 1 1 1 1 1 1
- 1 1 1 1 1 1
30,331 51,163 56,398 89,335 128,668 135,768 190,296

21,666 6,068 33,771 40,166 7,100 54,529 62,155
- - - - - - -
- - - - - - -
- - - - - - -
(833) (833) (833) (833) - - -
51,163 56,398 89,335 128,668 135,768 190,296 252,451
219 3,654 251 251 6,689 251 251

- - - - - - -
- - - - - - -
- - - - - - -
219 3,654 251 251 6,689 251 251
4,320 7,786 8,757 14,160 20,587 21,723 30,447

3,686 4,625 5,655 6,678 7,825 8,976 10,196
(219) (3,654) (251) (251) (6,689) (251) (251)
7,786 8,757 14,160 20,587 21,723 30,447 40,392
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
360 450 468 487 506 526 547

500 625 650 676 703 731 760
950 950 950 950 950 - -
- - 7,000 - - - -
- 1,150 - - - 1,050 -
- 2,500 - - - - -
350 350 350 350 350 350 350
400 400 400 400 400 400 400
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
1,500 1,515 1,530 1,545 1,561 1,577 1,592

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
3,000 3,000 3,000 3,000 3,000 3,000 3,000

900 900 900 900 900 900 900
- - - - 1,500 - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
7,960 11,840 15,248 8,308 9,870 8,534 7,550
- - - - - - -
10,825 18,070 16,994 11,569 11,747 9,376 8,408

15,205 10,763 9,824 8,486 7,500 7,566 7,635
(7,960) (11,840) (15,248) (8,308) (9,870) (8,534) (7,550)
18,070 16,994 11,569 11,747 9,376 8,408 8,493
1,592 2,368 3,050 1,662 1,974 1,707 1,510
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
2,165 3,614 3,399 2,314 2,349 1,875 1,682

3,041 2,153 1,965 1,697 1,500 1,513 1,527
(1,592) (2,368) (3,050) (1,662) (1,974) (1,707) (1,510)
3,614 3,399 2,314 2,349 1,875 1,682 1,699
2,140 2,493 2,778 3,088 3,991 4,301 5,719

2,493 2,778 3,088 3,991 4,301 5,719 6,065
(2,140) (2,493) (2,778) (3,088) (3,991) (4,301) (5,719)
2,493 2,778 3,088 3,991 4,301 5,719 6,065
01 Nov 18 01 Dec 18 01 Jan 19 01 Feb 19 01 Mar 19 01 Apr 19 01 May 19
1 1 1 1 1 1 1
10 11 12 13 14 15 16
1 1 1 1 1 1 1
1 1 1 1 1 1 1
1 1 1 1 1 1 1
252,451 258,267 333,319 412,048 417,531 508,196 605,397

5,816 75,052 78,729 5,483 90,665 97,202 5,624
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
258,267 333,319 412,048 417,531 508,196 605,397 611,022
10,196 251 288 12,848 251 251 15,803

- - - - - - -
- - - - - - -
- - - - - - -
10,196 251 288 12,848 251 251 15,803
40,392 41,323 53,331 65,928 66,805 81,311 96,864

11,126 12,260 12,885 13,725 14,758 15,803 16,703
(10,196) (251) (288) (12,848) (251) (251) (15,803)
41,323 53,331 65,928 66,805 81,311 96,864 97,763
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
569 592 616 640 666 693 720

791 822 855 890 925 962 1,001
- - - - 1,000 - -
- - - - - - -
- - - - 1,050 - -
- - - - - - 2,500
350 350 350 350 350 350 350
400 400 400 400 400 400 400
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
1,608 1,624 1,641 1,657 1,674 1,690 1,707

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
3,000 3,000 3,000 3,000 3,000 3,000 3,000

900 900 900 900 900 900 900
- - 1,500 - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
7,618 7,689 9,262 7,837 9,965 7,995 10,578
- - - - - - -
8,493 10,079 10,169 10,810 10,905 8,952 10,552

9,205 7,778 9,904 7,932 8,012 9,595 10,681
(7,618) (7,689) (9,262) (7,837) (9,965) (7,995) (10,578)
10,079 10,169 10,810 10,905 8,952 10,552 10,656
1,524 1,538 1,852 1,567 1,993 1,599 2,116
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
1,699 2,016 2,034 2,162 2,181 1,790 2,110

1,841 1,556 1,981 1,586 1,602 1,919 2,136
(1,524) (1,538) (1,852) (1,567) (1,993) (1,599) (2,116)
2,016 2,034 2,162 2,181 1,790 2,110 2,131
6,065 6,338 6,663 7,069 7,346 8,257 8,583

6,338 6,663 7,069 7,346 8,257 8,583 8,870
(6,065) (6,338) (6,663) (7,069) (7,346) (8,257) (8,583)
6,338 6,663 7,069 7,346 8,257 8,583 8,870
1 1 1 1 1 1 -
17 18 19 20 21 22 23
1 1 1 1 1 1 1
1 1 1 1 1 1 1
1 1 1 1 1 1 1
611,022 720,289 836,123 842,040 970,416 1,105,580 -

109,267 115,834 5,917 128,376 135,164 6,348 -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
720,289 836,123 842,040 970,416 1,105,580 1,111,929 -
251 251 18,785 251 251 21,878 -

- - - - - - -
- - - - - - -
- - - - - - -
251 251 18,785 251 251 21,878 -
97,763 115,246 133,780 134,726 155,267 176,893 -

17,734 18,785 19,731 20,791 21,878 22,893 -
(251) (251) (18,785) (251) (251) (21,878) -
115,246 133,780 134,726 155,267 176,893 177,909 -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
749 779 810 843 877 912 948

1,041 1,082 1,126 1,171 1,217 1,266 1,317
- - 1,000 1,000 1,000 1,000 200
- - 5,000 - - - -
- - - - 1,050 - -
- - - - - - -
350 350 350 350 350 350 -
400 400 400 400 400 400 -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
1,724 1,741 1,759 1,776 1,794 1,812 1,830

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
3,000 4,000 4,000 4,000 4,000 4,000 4,000

900 1,200 1,200 1,200 1,200 1,200 1,200
1,500 - - - - 1,500 -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
9,664 9,553 15,645 10,740 11,888 12,440 9,495
- - - - - - -
10,656 16,562 17,671 13,834 15,450 13,720 11,544

15,570 10,662 11,808 12,356 10,158 10,263 -
(9,664) (9,553) (15,645) (10,740) (11,888) (12,440) (9,495)
16,562 17,671 13,834 15,450 13,720 11,544 2,049
1,933 1,911 3,129 2,148 2,378 2,488 1,899
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
2,131 3,312 3,534 2,767 3,090 2,744 2,309

3,114 2,132 2,362 2,471 2,032 2,053 -
(1,933) (1,911) (3,129) (2,148) (2,378) (2,488) (1,899)
3,312 3,534 2,767 3,090 2,744 2,309 410
8,870 9,194 9,524 10,417 10,753 11,098 12,015

9,194 9,524 10,417 10,753 11,098 12,015 -
(8,870) (9,194) (9,524) (10,417) (10,753) (11,098) (12,015)
9,194 9,524 10,417 10,753 11,098 12,015 -
01 Jan 20
31 Jan 20
-
24
1
1
1
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
200
-
-
-
-
-
-
-
-
-
1,849
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,049
2,049
-
(2,049)
-
410
-
-
-
-
-
-
410
-
(410)
-
-
-
-
-
Taxes
Period Start
Period End Start
Input/output Tax (VAT)
1 Input/output tax payable

VAT on sales USD
VAT on direct costs (Costs of Sales) USD
VAT on inventory increases USD
VAT on overheads (non-payroll expenses only) USD
VAT on capex USD
VAT payable / (recoverable) USD
Check: VAT
VAT: Input tax paid USD
VAT: Output tax received USD
Delta: Payments vs. Payable USD
2 BS Account: VAT owed to tax authority

Balance B/f USD
VAT payable / (recoverable) USD
Flag: Month of payment [1,0]
VAT paid/recovered USD
Balance C/f USD
Taxes on Income
1 Tax Calculation (annual basis)

Model Life [1,0]
Earnings before Tax (EBT) USD
Tax loss carryforward

Balance B/f USD
Change USD
Balance C/f USD
Earnings after accounting for loss carryforward USD
Taxes on Income USD
2 Tax payments => Cashflow

Advanced payments (per financial year) USD
No of payments (per financial year) #
Amount of advance payment per payment period USD
No of months in financial year #
Distribution over the year

Advanced payments
Flag Advanced payments periods [1,0]
Advanced payments USD
Tax payment in following year

Flag payment period for previous year [1,0]
Tax for previous year USD
Total advanced payments USD
Supplementary payment / (Refunding) USD
3 Tax payable => P&L

Tax payable during the year (P&L) USD
4 BS Account: Taxes on income owed

Balance B/f USD
Tax payable USD
Tax paid USD
Balance C/f USD
Payable after model end USD
Go to error checks
01 Feb 18 01 Mar 18
End 31 Jan 18 28 Feb 18 31 Mar 18
30 Nov 19 22 1 1
1 1
output tax 271,485 1,995 2,779

input tax (22,301) (126) (187)
input tax (7,269) (304) (180)
input tax (43,512) (1,506) (1,825)
input tax (33,690) (1,800) -
164,713 (1,741) 588
106,772 2,380 1,382

owed to company at model end 177,909 93,577 251 203
Check Ok (13,195)
- (1,741)
(neg. = recoverable; pos. = payable) 164,713 (1,741) 588
Quarterly 3 Offset 0 Mths - 1
(neg. = paid; pos. = recovered) (44,413) - 1,741
(neg. = receivable; pos. = liability) (1,741) 588
1 2
Financial Year FY 2018 FY 2019
1 1
(19,659) 250,471
(15,000) (34,659)
(19,659) 34,659
loss carryforward at model start (15,000) (34,659) -
- 215,812
20.0% 43,162 - 43,162
Financial Year FY 2018 FY 2019
25,000 5,000 20,000

4 4
1,250 5,000
10 12
Month in calendar year

2 5 8 11 1 -
25,000 1,250 -
in Month 3 of the following calendar year - 1

- - -
5,000 - -
(5,000) - -
(equal monthly distribution) 43,162 - -
- (1,250)
43,162 - -
(if positive => refunding) (20,000) (1,250) -
(1,250) (1,250)
23,162 Ok
1 1 1 1 1 1 1
1 1 1 1 1 1 1
3,686 4,625 5,655 6,678 7,825 8,976 10,196

(263) (405) (415) (496) (704) (661) (749)
(325) (260) (387) (265) (367) (462) (295)
(3,041) (2,153) (1,965) (1,697) (1,500) (1,513) (1,527)
(7,200) - - - (3,900) (17,790) -
(7,143) 1,807 2,889 4,219 1,354 (11,450) 7,626
9,379 3,033 3,851 2,423 6,945 20,620 2,554

219 3,654 251 251 6,689 251 251
588 (6,555) (4,748) (3,667) 553 1,907 (10,898)

(7,143) 1,807 2,889 4,219 1,354 (11,450) 7,626
- - 1 - - 1 -
- - (1,807) - - (1,354) -
(6,555) (4,748) (3,667) 553 1,907 (10,898) (3,272)
3 4 5
FY 2020 FY 2021 FY 2022
- - -
- - -
- - -
- - -
- - -
- - -
- - -
FY 2020 FY 2021 FY 2022
- - -
- - -
- - -
- - -
- 1 - - 1 - -
- 1,250 - - 1,250 - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
(1,250) (1,250) (2,500) (2,500) (2,500) (3,750) (3,750)

- - - - - - -
- (1,250) - - (1,250) - -
(1,250) (2,500) (2,500) (2,500) (3,750) (3,750) (3,750)
1 1 1 1 1 1 1
1 2 2 2 2 2 2
11,126 12,260 12,885 13,725 14,758 15,803 16,703

(1,016) (900) (983) (1,303) (1,130) (1,211) (1,592)
(415) (244) (196) (735) - (501) (119)
(1,841) (1,556) (1,981) (1,586) (1,602) (1,919) (2,136)
- - - (3,000) - - -
7,854 9,560 9,725 7,101 12,025 12,172 12,856
2,955 2,681 3,031 6,605 3,123 3,311 3,827

10,196 251 288 12,848 251 251 15,803
(3,272) 4,582 6,288 16,014 23,114 28,038 40,211

7,854 9,560 9,725 7,101 12,025 12,172 12,856
- 1 - - 1 - -
- (7,854) - - (7,101) - -
4,582 6,288 16,014 23,114 28,038 40,211 53,067
1 - - 1 - - 1
1,250 - - 5,000 - - 5,000
- - - - 1 - -
- - - - - - -
- - - - 5,000 - -
- - - - (5,000) - -
- 3,597 3,597 3,597 3,597 3,597 3,597
(3,750) (5,000) (1,403) 2,194 791 9,387 12,984

- 3,597 3,597 3,597 3,597 3,597 3,597
(1,250) - - (5,000) 5,000 - (5,000)
(5,000) (1,403) 2,194 791 9,387 12,984 11,581
1 1 1 1 1 1 -
2 2 2 2 2 2 3
17,734 18,785 19,731 20,791 21,878 22,893 -

(1,361) (1,442) (1,886) (1,598) (1,682) (2,194) -
(517) (147) (301) (558) (125) (566) -
(3,114) (2,132) (2,362) (2,471) (2,032) (2,053) -
- - - - - - -
12,743 15,064 15,182 16,164 18,039 18,081 -
3,810 3,499 5,317 4,304 4,185 5,248 1,899

251 251 18,785 251 251 21,878 -
53,067 52,954 68,017 83,199 84,181 102,220 -

12,743 15,064 15,182 16,164 18,039 18,081 -
1 - - 1 - - -
(12,856) - - (15,182) - - -
52,954 68,017 83,199 84,181 102,220 120,300 -
- - 1 - - 1 -
- - 5,000 - - 5,000 -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
3,597 3,597 3,597 3,597 3,597 3,597 -
11,581 15,178 18,775 17,372 20,969 24,566 -

3,597 3,597 3,597 3,597 3,597 3,597 -
- - (5,000) - - (5,000) -
15,178 18,775 17,372 20,969 24,566 23,162 -
01 Jan 20
31 Jan 20
-
3
-
-
-
-
-
-
410
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Timing - Master
Period Start
Flags & Counters

Days in Period days
Calendar Year year
Month since start of financial year #
Financial Year year Financal Year ends
Financial Month #
Financial Year (Counter) #
Month of model #
Calendar Years during model life #
Quarter and Half-year (Calendar Year)

Quarter CY # Q = quarter
Half-year CY # H = half year
Calculation Quarter of FY
Quarter (Financial Year)

Quarter FY #
First Month (in text format)

First Year
o table of contents All timing parameters are fully adjustable in commercial version only
o error checks
01 Feb 18 01 Mar 18 01 Apr 18 01 May 18 01 Jun 18
31 Jan 18 28 Feb 18 31 Mar 18 30 Apr 18 31 May 18 30 Jun 18
22 1 1 1 1 1
28 31 30 31 30
2018 2018 2018 2018 2018
1 1 1 1 1
2 3 4 5 6 7
Financal Year ends in Monat 11 2018 2018 2018 2018 2018

3 4 5 6 7
1 1 1 1 1
1 2 3 4 5
1 1 1 1 1
Q1 Q1 Q2 Q2 Q2
H1 H1 H1 H1 H1
1 2 3 4 5
Month 12 Month 1 Month 2 Month 3 Month 4

Q1 Q1 Q1 Q2 Q2
1 2 3 4 5
Q1 Q2 Q2 Q2 Q3
Feb
2018
USD
l version only

1 1 1 1 1 1 1
31 31 30 31 30 31 31
2018 2018 2018 2018 2018 2018 2019
1 1 1 1 1 1 2
8 9 10 11 12 13 14
2018 2018 2018 2018 2018 2019 2019
8 9 10 11 12 1 2
1 1 1 1 1 2 2
6 7 8 9 10 11 12
1 1 1 1 1 1 1
Q3 Q3 Q3 Q4 Q4 Q4 Q1
H2 H2 H2 H2 H2 H2 H1
6 7 8 9 10 11 12
Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11

Q2 Q3 Q3 Q3 Q4 Q4 Q4
6 7 8 9 10 11 12
Q3 Q3 Q4 Q4 Q4 Q1 Q1
1 1 1 1 1 1 1
28 31 30 31 30 31 31
2019 2019 2019 2019 2019 2019 2019
2 2 2 2 2 2 2
15 16 17 18 19 20 21
2019 2019 2019 2019 2019 2019 2019
3 4 5 6 7 8 9
2 2 2 2 2 2 2
13 14 15 16 17 18 19
2 2 2 2 2 2 2
Q1 Q1 Q2 Q2 Q2 Q3 Q3
H1 H1 H1 H1 H1 H2 H2
Q1 Q2 Q2 Q2 Q3 Q3 Q3
1 1 1 - -
30 31 30 31 31
2019 2019 2019 2019 2020
2 2 2 2 3
22 23 24 25 26
2019 2019 2019 2020 2020
10 11 12 1 2
2 2 2 3 3
20 21 22 23 24
2 2 2 - -
Q3 Q4 Q4 Q4 Q1
H2 H2 H2 H2 H1
Q4 Q4 Q4 Q1 Q1
Formats & Styles Key, Constants and Lookup Tables
Frequently used Formatting Styles

Table Heading Table Heading
Input 100
Input (permanent) 100 same as input but permanent => i.e
Reference InSheet 100
Reference OffSheet 100
Name Input Name
Technical Input 100
Actuals 100
Empty Cell
External Link 100.0
Flag (Standard) 1
1 with conditional formatting => copy
Checks, Flags & Miscellaneous

Hyperlink Hyperlink
Cell Check Fail with conditional formatting => copy

Cell Clue Alert with conditional formatting => copy
Cell_OnOff On with conditional formatting => copy
Switch YES-NO (no cell style) Yes 1=Yes , 0=No
Switch active/inactive (no cell style) 1 with conditional formatting => copy
Status Work in Progress WIP

Status Checked Checked
Status To be checked to be checked
Comment Comment
Ratio 1.0x
Date long 01 Jan 20
Date short 01/ 01/ 2020
Positive Zero
Number Standard 1,500 -
Number Percent 25% -
Formatting Styles
Line Formats
Unit EUR
Line Summary 100
Line Operation 100
Line Subtotal 100
Line Total
100
Line Closing 100
Constants, Symbols & General Lookup Tables

Constants Name
Days in Year 365 days_yr
Months per Year 12 months_yr
Quarters per Year 4 quarters_yr
Months per Quarter 3 mths_quarter
Rounding Tolerance 1E-05 Tolerance

Thousand 1,000 Thousand
Million 1,000,000 Million
Billion 1,000,000,000 Billion
Very Small Number 1E-07 VerySmallNumber
Symbols
Arrow down (active) ▼ Pf_unt_ja
Arrow down (inactive) × Pf_unt_nein
Arrow left ◄ Pf_li
Arrow right ► Pf_re
Arrows horizontal (active) tu Pf_hor_ja
Arrows horizontal (inactive) vw Pf_hor_nein
1
Example Arrow down (active, if cell above = 1) ▼ with conditional formatting => copy
s input but permanent => i.e. input data will not be erased by macro "New planning - Erase all input data"
nditional formatting => copy required

nditional formatting => copy required (text can be changed manually)

uses data validation => copy required
after using this cell style, an additional style can be applied, e.g. Input, InSheet, OffSheet etc.
after using this cell style, an additional style can be applied, e.g. Input, InSheet, OffSheet etc.
Negative
(1,500) after using this cell style, an additional style can be applied, e.g. Input, InSheet, OffSheet etc
(25%) after using this cell style, an additional style can be applied, e.g. Input, InSheet, OffSheet etc
Sheet Header
Sheet Header 1 Sheet Header 1

Section Header
Header 1 Headline 1
Header 2 Headline 2
Header 3 Headline 3
Header 4 Headline 4
Lookup Tables
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Periodicity
Monthly
Quarterly
Semi-annual
Annual
nditional formatting => copy required Language/Terminology

British English (UK-Terminology)
American English (US-Terminology)
ed, e.g. Input, InSheet, OffSheet etc.
ed, e.g. Input, InSheet, OffSheet etc.
Switch Name
1 Months
2
3
4
5
6
7
8
9
10
11
12
Switch Name
1 Periodicity
3
6
12
Switch
1
2

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Excel-Financial-Model (EFM)

Version: "Digital Economy"

For full version click button

Version 2.01 - Free Trial Version

LEGAL DISCLAIMER AND LICENSE AGREEMENT

Company Profile and Contact

What Financial Modelling Videos can do for you:

© Copyright 2011 - 2017, Smart Cap GmbH

"The easy way to create financial

Difference between Trial version and Commercial versio

Planning period (model life time)

Number of independent offerings planable

2. Output sheets / Summaries

Profit & Loss, Cashflow and Balance Sheet

Key Performance Indicators (KPIs)

Working Capital & Cash Conversion Cycle (CCC)

3. Support and Updates

- Freely customizable & exten

d Commercial version of Excel-Financial-Model (EFM-DE)

Free Trial Version

Restricted to 24 months max.

Timing parameters cannot be changed

Only one single product/service

Not possible, all sheets are password-protected

No time-saving macros included

Free Trial Version

Free Trial Version

- Freely customizable & extendable

Full Commercial Version

All timing parameters fully adjustable

Any planning currency can be freely selected

Up to 4 different, independent products/services (base +

Freely customizable & extendable (edit sheets,

Includes time-saving macros

Full Commercial Version

Automatic calculation of numerous KPIs regarding

Automatic calculation of Days Sales Outstanding

Full Commercial Version

30 days technical support

Lifetime free updates

A - Layout and Structure of EFM

2. Remove all existing assumptions and input data

3. Enter general model assumptions

4. Enter assumptions for products and services

5. Enter assumptions for human resources

8. Enter assumptions for inventory planning and opening balance

12. Enter capital expenditures

13. Enter financing assumption (final step)

Company name WonderApp Ltd. Author TR

Sheet No. Sheet Content Link to Sheet

=> fill in your own disclaimer here !

=> fill in your own contact data here !

www.excel-financial-model.com Index Seite 10 / 268

Capital Requirement and Funding Sources of Funds

Sources of Funds in USD in %

1. Equity 230,000 40.5%

Sources and Uses during first 12 months

SOURCES in USD in % Bar Chart USES in USD in % Bar Chart