FINANCIAL PROJECTIONS

Profit and Loss Accounts

SWEET TOOTH COMPANY

Projected Revenue

Projected Projected Projected Projected Projected

Projected
Product Selling Price Daily Volume Monthly Volume Yearly
Volume Daily
Revenue Monthly Revenue Yearly Revenue
Graham Bites ₱ 7.00 30 ₱ 210.00 900 ₱ 6,300.00 10,800 ₱ 75,600.00

SWEET TOOTH COMPANY

Monthly Production Cost

Product/Services Unit Price Quantity Total

Variable Cost:
Raw Materials:
200 g Crushed Graham Crackers ₱ 37.05/pack 15 packs ₱ 555.75
1kg Condensed Milk ₱ 90.20/can 6 cans ₱ 541.20
500g Chocolate Marshmallows ₱ 106.50/pack 5 packs pieces ₱ 527.50
Sprinkles ₱ 20.00/pack 6 packs ₱ 120.00
Paper Cupcake Holder ₱ 7.50/100pcs 900 pcs. ₱ 67.50
₱ 23.50/ 350ml 75 pcs. ₱ 1,762.50
Clear Plastic Packaging
₱ 25.50/400ml 38 pcs. ₱ 969.00
Total Variable Cost ₱ 4,543.45
TOTAL PRODUCTION COST ₱ 4,543.45

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 SWEET TOOTH COMPANY
Cost of Goods Manufactured
For the Years Ending December 31, 2021 to December 31, 2023

2021 2022 2023

Direct materials:
Beginning raw ₱ 0.00 ₱ 8,579.40 ₱ 9,755.90
materials
inventory
Add: Net 54,521.40 51,393.70 56,214.51
purchases of raw
materials
Raw materials 54,251.40 59,973.10 65,970.41
available
Less: Ending raw 8,579.40 9,755.90 10,731.49
materials
inventory
Raw materials ₱ 45,672.00 ₱ 50,217.20 ₱ 55,238.92
transferred to
production
Total manufacturing 45,672.00 50,217.20 55,238.92
costs
Cost of goods ₱ 45,672.00 ₱ 50,217.20 ₱ 55,238.92
manufactured

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 SWEET TOOTH COMPANY
Income Statement
For the Years Ending December 31, 2021 to December 31, 2023

2021 2022 2023

Sales ₱ 75,600.00 ₱ 90,720.00 ₱ 108,864.00

Cost of Goods Sold

Beginning ₱ 0.00 ₱ 2,283.60 ₱ 2,654.00
finished goods
inventory
Add: Cost of 45,672.00 50,217.20 55,328.92
goods
manufactured
Goods available 45,672.00 53,080.20 57,982.92
for sale
Less: Ending (2,283.60) (2,654.00) (2,899.15)
finished goods
inventory
Cost of goods sold 43,388.40 50,426.20 55,083.77
Gross Profit 32,211.60 40,293.80 53,780.23

Operating Expenses
Selling Expenses 2,000.00 2,200.00 2,310.00
General and 3,000.00 3,300.00 3,465.00
administrative
Expenses
Total Expenses 5,000.00 5,500.00 5,775.00
Net Income ₱ 27,211.60 ₱ 34,793.80 ₱ 48,005.23

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Balance Sheets

SWEET TOOTH COMPANY

Statement of Financial Position
For the Years Ending December 31, 2021 – December 31, 2023

ASSETS 2021 2022 2023

Current Assets:
Cash ₱ 129,078.60 ₱ 287,204.90 ₱ 470,534.39
Accounts Receivable 107,991.00 117,255.00 119,443.00
Inventories 5,209.00 8,992.00 7,752.00
Total Assets ₱ 242,278.60 ₱ 413,451.90 ₱ 597,729.39

LIABILITIES
Current Liabilities:
Accounts Payable ₱ 77,141.00 ₱ 83,184.00 ₱ 60,037.00

OWNER’S EQUITY
Capital ₱ 165,137.60 ₱ 330,267.90 ₱ 537,692.39
Total Liabilities and Owner’s Equity ₱ 242,278.60 ₱ 413,451.90 ₱ 597,729.39

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Cash Flow Projections

SWEET TOOTH COMPANY

Cash Flow Statement
For the Year Ending December 31, 2021 – December 1, 2023

CASH FLOW FROM OPERATING ACTIVITIES 2021 2022 2023

Cash receipts from sales ₱ 75,600.00 ₱ 90,720.00 ₱ 108,864.00
Cash payments to suppliers of raw materials (54,521.40) (51,393.70) (56,214.51)
Net cash flow from operating activities 21,078.60 39,326.30 52,649.49

CASH FLOW FROM INVESTING ACTIVITIES

Purchase of property, plant, and equipment (12,000.00) (13,200.00) (14,520.00)

CASH FLOW FROM FINANCING ACTIVITIES

Proceed from cash investment of owners 100,000.00 110,000.00 121,000.00
Proceeds from bank loans 50,000.00 55,000.00 60,500.00
Payment to owners (30,000.00) (33,000.00) (36,300.00)
Net cash flows from financing activities 120,000.00 132,000.00 145,200.00

NET INCREASE IN CASH 129,078.60 158,126.30 183,329.49

CASH AT THE BEGINNING OF THE PERIOD 0.00 129,078.60 287,204.90
CASH AT THE END OF THE PERIOD ₱ 129,078.60 ₱ 287,204.90 ₱ 470,534.39

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