Professional Documents
Culture Documents
TMS Model
TMS Model
INCOME STATEMENT
Revenue 17,350,803.55 9,521,000.00
COHS 101,000.00 110,000.00
Gross Margin 17,249,803.55 9,411,000.00
Operating Expenses
Accounting abd Legal 100,000.00 30,000.00
Advertising 50,000.00
Dues & Subscription
Rent 4041000
Insurance/Medical/Hospital
Maintenance
Telephone 20000 2000
Travel 350,000.00 140,000.00
Web Hosting & Domain 40,000.00 23,000.00
Utilities
Payroll Expenses
Salaries & Wages 200,000.00 442,554.29
Contractor Wages 3,120,000.00 3,000,000.00
Locs Extension 1,500,000.00
Admin Expenses
Pedicure 75,300.00
Hair Oxygen
Incentive 40,000.00
Office supplies 1,613,300.00 778,050.00
Clothing 10,000.00
Postage
Cleaning 100,000.00 5,000.00
Salon & Barber 80,000.00 240,600.00
Electricity/Fuel/Gas 697,000.00 56,000.00
Telephone Expenses
Cable & Satelite 270,000.00 226,000.00
Vehicle Expenses 70,000.00
Other Expenses 2,100,000.00 114,500.00
Bank charges 30,111.00 10,700.00
Provision for Depreciation:
Computer Equipments 20,483.00 20,483.00
Plant & Equipments 11,917.00 11,917.00
Salon Equipments 23,206.00 23,206.00
Furnitures, Fittings & Fixtures 23,333.00 23,333.00
Motor Vehicle
Total Expenses 14,350,350.00 5,382,643.29
Earnings/Losses Before Taxes 2,899,453.55 4,028,356.71
Income Taxes
Net Earnings/Losses 2,899,453.55 4,028,356.71
BALANCE SHEET
Assets
Current Assets:
Bank 1,331,283.87 5,438,579.58
Fixed Assets:
Computer equipments 1,048,517.00 1,028,034.00
Plant & equipments 913,083.00 901,166.00
Salon equipments 1,281,794.00 1,258,588.00
Furnitures, fittings & fixtures 1,376,667.00 1,353,334.00
Motor vehicle
Total Fixed Assets 4,620,061.00 4,541,122.00
Total Assets 5,951,344.87 9,979,701.58
Liabilities
Current Liabilities:
Accounts Payable
Total Liabilities 0.00 0.00
Shareholder's Equity
Equity Capital 3,051,891.32 3,051,891.32
Retained Earnings 2,899,453.55 6,927,810.26
Total Shareholder's Equity 5,951,344.87 9,979,701.58
Total Liabilities & Shareholder's 5,951,344.87 9,979,701.58
Equity
CASHFLOWS STATEMENT
Operating Cashflows
Net Earnings/Losses 2,899,453.55 4,028,356.71
Deoreciation 78,939.00 78,939.00
Account payable
NCF From Operations 2,978,392.55 4,107,295.71
CAP LIMIT=20,000.00
100,000.00 150,000.00
45,000.00 75,000.00 95,000.00 60,000.00
5,000.00 15,000.00 20,000.00 25,000.00
45,000.00 33,000.00
135,000.00
12,000.00
588,450.00 527,500.00 354,150.00 87,500.00
8,000.00 138,900.00
6,000.00 99,000.00 12,000.00 12,000.00
462,800.00 406,890.00 322,300.00 463,900.00
1,855,000.00 45,000.00 55,000.00 78,000.00
90,000.00 20,000.00
55,000.00 15,000.00
289,000.00 350,000.00 160,000.00 365,400.00
194,000.00 50,000.00 176,726.66 755,190.00
15,101.00 11,803.00 15,006.00 18,009.00
20,483.00 20,483.00 20,483.00 20,483.00
11,917.00 11,917.00 11,917.00 11,917.00
23,206.00 23,206.00 23,206.00 23,206.00
23,333.00 23,333.00 23,333.00 23,333.00
51,667.00
6,342,483.97 7,539,100.77 6,785,321.66 6,705,063.04
4,666,616.03 5,995,249.23 7,158,378.34 5,924,036.96
145,500.00 50,000.00
100,000.00 38,175.00
100,000.00 3,000.00
526,175.00 634,049.00 2,000,000.00 2,766,871.95 24,600.00
1,788,000.00 3,110,000.00 2,980,064.91 4,900,000.00 5,010,000.00
1,588,900.00 2,624,600.00 552,900.00 2,442,000.00 176,000.00
3,006,000.00 4,388,400.00 3,000,000.00 6,151,400.00 2,000,000.00
1,157,571.44 600,000.00
200,000.00
217,000.00 600,000.00 400,000.00 500,000.00
100,000.00
463,626.11 1,646,737.28 252,849.00 937,890.00 217,900.00
50,000.00 6,000.00 6,000.00
200,000.00
9,000.00 15,000.00 9,000.00 9,000.00 6,000.00
589,900.00 427,600.00 418,725.00 1,533,479.00 389,546.00
45,000.00 30,000.00 20,500.00 40,500.00 73,000.00
100,000.00 51,000.00 6,000.00 7,000.00
200,000.00 200,000.00 500,000.00 60,000.00
930,300.00 224,266.00 172,300.00 54,800.00 65,700.00
1,568,441.00 2,207,020.00 1,877,500.00 2,612,000.00 1,100,296.55
15,718.00 18,142.00 10,401.00 11,623.00 8,001.00
20,483.00 20,483.00 20,483.00 20,483.00 20,483.00
11,917.00 11,917.00 11,917.00 11,917.00 11,917.00
23,206.00 23,206.00 23,206.00 23,206.00 23,206.00
23,333.00 23,333.00 23,333.00 23,333.00 23,333.00
51,667.00 51,667.00 51,667.00 51,667.00 51,667.00
11,430,175.11 19,071,541.72 12,524,845.91 23,913,144.95 9,364,149.55
5,930,374.89 -3,709,391.72 1,199,354.09 -7,517,044.95 5,289,850.45
53,000.00
5,930,374.89 -3,709,391.72 1,146,354.09 -7,517,044.95 5,289,850.45
Y ACCUMULATED
NET BOOK VALUE
#
144800
144000
480000
18400
16000
20000
823200
176000
86000
500000
20000
782000
40000
22500
30000
157500
256000
268000
52500
160000
16000
24000
1026500
3480000
64000
96000
720000
240000
1120000
Dec FY
20,719,000.00 177,814,703.55
196,910.00 2,018,560.00
20,522,090.00 175,796,143.55
-
1,122,209.00
575,000.00
300000 863,900.00
4,041,000.00
150000 710,350.00
200000 1,027,000.00
22,000.00
500,000.00 1,263,500.00
201,175.00
103,000.00
7,130,195.95
5,000,000.00 25,068,019.20
155,000.00 17,847,168.77
6,000,000.00 36,170,952.01
1,000,000.00 3,209,071.44
275,300.00
400,000.00 2,252,000.00
152,000.00
507,200.00 7,975,152.39
12,000.00 84,000.00
346,900.00
3,000.00 285,000.00
369,165.00 5,704,905.00
20,000.00 3,015,000.00
11,000.00 285,000.00
15,000.00 1,541,000.00
54,100.00 2,735,866.00
924,711.90 13,680,386.11
8,102.00 172,717.00
245,796.00
20,483.00
11,917.00 143,004.00
23,206.00 278,472.00
23,333.00 279,996.00
51,667.00 361,669.00
15,759,884.90 139,168,704.87
4,762,205.10 36,627,438.68
85,219.00 138,219.00
4,676,986.10 36,489,219.68
33,890,598.00 33,890,598.00
0.00
0.00
823,204.00 823,204.00
781,996.00 781,996.00
1,026,528.00 1,026,528.00
1,120,004.00 1,120,004.00
3,738,331.00 3,738,331.00
7,490,063.00 7,490,063.00
41,380,661.00 41,380,661.00
0.00
0.00
1,840,000 1,840,000.00
1,840,000.00 1,840,000.00
3,051,891.32 3,051,891.32
36,488,769.68 36,488,769.68
39,540,661.00 39,540,661.00
41,380,661.00 41,380,661.00
4,676,986.10 36,489,219.68
130,606.00 1,308,937.00
1,840,000.00 1,840,000.00
6,647,592.10 39,638,156.68
0.00
0.00
-1,069,000.00
-925,000.00
-1,305,000.00
-5,500,000.00
0.00 -8,799,000.00
0.00
0.00
3,051,891.32
0.00 3,051,891.32
6,647,592.10 33,891,048.00
27,243,455.90 0
33,891,048.00 33,891,048.00
Jan Feb
INCOME STATEMENT
Revenue 17,350,803.55 9,521,000.00
COHS 101,000.00 110,000.00
Gross Margin 17,249,803.55 9,411,000.00
Operating Expenses
Accounting & Legal 100,000.00 30,000.00
Advertising 50,000.00
Dues & Subscription
Rent 4041000
Insurance/Medical/Hospital
Maintenance
Telephone 20000 2000
Travel 350,000.00 140,000.00
Web Hosting & Domain 40,000.00 23,000.00
Utilities
Payroll Expenses
Salaries & Wages 200,000.00 442,554.29
Contractor Wages 3,120,000.00 3,000,000.00
Locs Extension 1,500,000.00
Admin Expenses
Pedicure 75,300.00
Hair Oxygen
Incentive 40,000.00
Office supplies 1,613,300.00 778,050.00
Clothing 10,000.00
Postage
Cleaning 100,000.00 5,000.00
Salon & Barber 80,000.00 240,600.00
Electricity/Fuel/Gas 697,000.00 56,000.00
Telephone Expenses
Cable & Satelite 270,000.00 226,000.00
Vehicle Expenses 70,000.00
Other Expenses 2,100,000.00 114,500.00
Bank charges 30,111.00 10,700.00
Provision for Depreciation:
Computer Equipments 20,483.00 20,483.00
Plant & Equipments 11,917.00 11,917.00
Salon Equipments 23,206.00 23,206.00
Furnitures, Fittings & Fixtures 23,333.00 23,333.00
Motor Vehicle
Total Expenses 14,350,350.00 5,382,643.29
Earnings/Losses Before Taxes 2,899,453.55 4,028,356.71
Income Taxes
Net Earnings/Losses 2,899,453.55 4,028,356.71
BALANCE SHEET
Assets
Current Assets:
Bank 1,331,283.87 5,438,579.58
Fixed Assets:
Computer equipments 1,048,517.00 1,028,034.00
Plant & equipments 913,083.00 901,166.00
Salon equipments 1,281,794.00 1,258,588.00
Furnitures, fittings & fixtures 1,376,667.00 1,353,334.00
Motor vehicle
Total Fixed Assets 4,620,061.00 4,541,122.00
Total Assets 5,951,344.87 9,979,701.58
Liabilities
Current Liabilities:
Accounts Payable
Shareholder's Equity
Equity Capital 3,051,891.32 3,051,891.32
Retained Earnings 2,899,453.55 6,927,810.26
Total Shareholder's Equity 5,951,344.87 9,979,701.58
Total Liabilities & Shareholder's 5,951,344.87 9,979,701.58
Equity
CASHFLOWS STATEMENT
Operating Cash Flow
Net Earnings/Losses 2,899,453.55 4,028,356.71
Plus:
Depreciation 78,939.00 78,939.00
Account payable
Net cash used/provided by 2,978,392.55 4,107,295.71
operating activities
Investing Cash Flow
Computer equipments (1,069,000.00)
Plant & equipments (925,000.00)
Salon equipments (1,305,000.00)
Furnitures, fittings & fixtures (1,400,000.00)
Motor vehicle
Net cash used/provided by investing (1,720,607.45) 4,107,295.71
activities
Financing Cash Flow
Equity capital 3,051,891.32
Net Increase/Decrease in Cash 1,331,283.87 4,107,295.71
Opening Cash Balance 2,669,291.49 4,383,175.19
Closing Cash Balance 4,000,575.36 8,490,470.90
CAP LIMIT=20,000.00
45,000.00
25,000.00 133,500.00
400,000.00 970,000.00 93,000.00
268,000.00 2,382,968.77 715,300.00
1,796,193.97 2,000,000.00 3,900,000.00
451,500.00
135,000.00
12,000.00
588,450.00 527,500.00 354,150.00
8,000.00
6,000.00 99,000.00 12,000.00
462,800.00 406,890.00 322,300.00
1,855,000.00 45,000.00 55,000.00
90,000.00
55,000.00 15,000.00
289,000.00 350,000.00 160,000.00
194,000.00 50,000.00 176,726.66
15,101.00 11,803.00 15,006.00
20,483.00 20,483.00 20,483.00
11,917.00 11,917.00 11,917.00
23,206.00 23,206.00 23,206.00
23,333.00 23,333.00 23,333.00
6,342,483.97 7,539,500.77 6,785,321.66
4,666,616.03 5,994,849.23 7,158,378.34
200000 5 2000
100000 5 1166.67
600000 5 8333.33
25000 5 416.67
925000 11916.67
50000 5 833.33
30000 4 625
40000 4 833.33
210000 4 4375
320000 5 5333.33
335000 5 5583.33
70000 4 1458.33
200000 5 3333.33
20000 5 333.33
30000 5 500
1305000 23208.33
4100000 5 51666.67
80000 5 1333.33
120000 5 2000
900000 5 15000
300000 5 5000
1400000 23333.33
Jun Jul Aug Sep
53,000.00
5,924,036.96 5,930,374.89 (3,709,391.72) 1,146,354.09
YEARLY ACCUMULATED
DEPRECIATION NET BOOK VALUE
# #
36200 144800
36000 144000
160000 480000
4600 18400
4000 16000
5000 20000
245800 823200
24000 176000
14000 86000
100000 500000
5000 20000
143000 782000
10000 40000
7500 22500
10000 30000
52500 157500
64000 256000
67000 268000
17500 52500
40000 160000
4000 16000
6000 24000
278500 1026500
620000 3480000
16000 64000
24000 96000
180000 720000
60000 240000
280000 1120000
Oct Nov Dec FY
200000 300000
500,000.00
38,175.00
2,766,871.95 24,600.00
4,900,000.00 5,010,000.00 5,000,000.00
2,442,000.00 176,000.00 155,000.00
6,151,400.00 2,000,000.00 6,000,000.00
600,000.00 1,000,000.00
200,000.00
500,000.00 400,000.00
85,219.00
(7,517,044.95) 5,289,850.45 4,676,986.10
1,840,000