INTOPIA SIMULATION PROJECTIONS WORKSHEET

This workbook takes you through a process for building projected financial statements.
There are 8 steps in the process starting with decisions on plant construction.

Begin here by entering how much starting capital you think you will need to proceed (note: you can change this later)

Starting Capital

View Balance Sheet STEP 1: Plant Construction

View Income Statement
View Cash Flow
STEP 2: Production and Inventory Plan
STEP 3: Sales Projections
STEP 4: Marketing Costs
STEP 5: Other Expenses
STEP 6: Other Income
STEP 7: Financing Activities
STEP 8: Estimate Taxes

Note: this workbook works you through making projections for the INTOPIA Simulation. To use it, you should have a
good idea of what your strategy is going to be and how you intend to implement it. Many of the figures are
calculated for you in the income statements, balance sheets, and cash-flow statements. You need to make a series
of decisions throughout the steps. Remember, enter data only in the blue cells - the white cells contain formulae
that facilitate the construction of the statements.
can change this later)

it, you should have a

e figures are
ed to make a series
contain formulae
Enter cost of plant acquisition/construction in blue cells below

Eastern Canada Period 1 Period 2 Period 3

X Plant Acquisition/Construction
Y Plant Acquisition/Construction

Western Canada Period 1 Period 2 Period 3

X Plant Acquisition/Construction
Y Plant Acquisition/Construction

Central Canada Period 1 Period 2 Period 3

X Plant Acquisition/Construction
Y Plant Acquisition/Construction

INSTRUCTIONS:
Insert figures in the blue cells only, period by period e.g. for plant construction, enter the cost (cost per plants x number
plants) in the period in which you will be building (or buying it from another team). Warning: cutting and pasting (e.g. to
change year of investment in plant) screws up flow-through to statements. Change entries by deleting and re-entering (
copying).
 Period 4 Period 5

Period 4 Period 5

Period 4 Period 5

he cost (cost per plants x number of

rning: cutting and pasting (e.g. to
tries by deleting and re-entering (or
Use this sheet to determine your production or sourcing schedule (i.e., where, how much, and when you will be receiving go

enter values in the blue cells only

X Production Period 1 Period 2 Period 3
Eastern Canada
units to produce
variable cost of each unit
Western Canada
units to produce
variable cost of each unit
Central Canada
units to produce
variable cost of each unit

Y Production Period 1 Period 2 Period 3

Eastern Canada
units to produce
variable cost of each unit (excl. components)
component costs per unit
TOTAL vc per unit (incl.components) $ - $ - $ -
Western Canada
units to produce
variable cost of each unit (excl. components)
component costs per unit
TOTAL vc per unit (incl.components) $ - $ - $ -
Central Canada
units to produce
variable cost of each unit (excl. components)
component costs per unit
TOTAL vc per unit (incl.components) $ - $ - $ -
and when you will be receiving goods)
use air shipments only (even if receiving by surface - enter amount in period availa
shipped in period 3, enter in period 4). The assumption here is that all purchased i
cash.

Period 4 Period 5 X Sourcing (units) Period 1 Period 2

Eastern Canada
units to buy
price paid for each unit
Western Canada
units to buy
price paid for each unit
Central Canada
units
price paid for each unit

Period 4 Period 5 Y Sourcing (units) Period 1 Period 2

Eastern Canada
units to buy
price paid for each unit

$ - $ -
Western Canada
units to buy
price paid for each unit

$ - $ -
Central Canada
units to buy
price paid for each unit

$ - $ -
 - enter amount in period available for sale - e.g., if surface
ption here is that all purchased inventory will be paid for 100%

Period 3 Period 4 Period 5

Period 3 Period 4 Period 5

Note: this represents sales from plants in that region (not sales to plants in other regions)
Sales of X Period 1 Period 2
Eastern Canada
goods available for Sale (units) 0 0
average variable cost (per unit) $ - $ -
consumer sales projections (units)
consumer price of each unit
component sales projections (units) - -
component transfer price per unit $ - $ -
B2B sales projections (units)
B2B price of each unit
Western Canada
goods available for Sale (units) 0 0
average variable cost (per unit) $ - $ -
consumer sales projections (units)
consumer price of each unit
component sales projections (units) - -
component transfer price per unit $ - $ -
B2B sales projections (units)
B2B price of each unit
Central Canada
goods available for Sale 0 0
average variable cost (per unit) $ - $ -
consumer sales projections (units)
consumer price of each unit
component sales projections (units) - -
component transfer price per unit $ - $ -
B2B sales projections (units)
B2B price of each unit
 Period 3 Period 4 Period 5

0 0 0
$ - $ - $ -

- - -
$ - $ - $ -

0 0 0
$ - $ - $ -

- - -
$ - $ - $ -

0 0 0
$ - $ - $ -

- - -
$ - $ - $ -
Sales of Y Period 1 Period 2
Eastern Canada
goods available for Sale (units) 0 0
average variable cost (per unit) $ - $ -
consumer sales projections (units)
consumer price of each unit
B2B sales projections (units)
B2B price of each unit
Western Canada
goods available for Sale (units) 0 0
average variable cost (per unit) $ - $ -
consumer sales projections (units)
consumer price of each unit
B2B sales projections (units)
B2B price of each unit
Central Canada
goods available for Sale (units) 0 0
average variable cost (per unit) $ - $ -
consumer sales projections (units)
consumer price of each unit
B2B sales projections (units)
B2B price of each unit
 Period 3 Period 4 Period 5

0 0 0
$ - $ - $ -

0 0 0
$ - $ - $ -

0 0 0
$ - $ - $ -
Sales of X Period 1 Period 2 Period 3 Period 4
Eastern Canada
Estimated Consumer Sales (units) - - - -
Estimated B2B Sales (units) - - - -
shipping cost ($ per unit)
sales commissions ($ per unit)
sales office costs($)
advertising costs ($)
Western Canada
Estimated Consumer Sales (units) - - - -
Estimated B2B Sales (units) - - - -
shipping cost ($ per unit)
sales commissions ($ per unit)
sales office costs($)
advertising costs ($)
Central Canada
Estimated Consumer Sales (units) - - - -
Estimated B2B Sales (units) - - - -
shipping cost ($ per unit)
sales commissions ($ per unit)
sales office costs($)
advertising costs ($)
Period 5 Sales of Y Period 1 Period 2 Period 3
Eastern Canada
- Estimated Consumer Sales (units) - - -
- Estimated B2B Sales (units) - - -
shipping cost ($ per unit)
sales commissions ($ per unit)
sales office costs($)
advertising costs ($)
Western Canada
- Estimated Consumer Sales (units) - - -
- Estimated B2B Sales (units) - - -
shipping cost ($ per unit)
sales commissions ($ per unit)
sales office costs($)
advertising costs ($)
Central Canada
- Estimated Consumer Sales (units) - - -
- Estimated B2B Sales (units) - - -
shipping cost ($ per unit)
sales commissions ($ per unit)
sales office costs($)
advertising costs ($)
Period 4 Period 5

- -
- -

- -
- -

- -
- -
Home Office Expenses Period 1 Period 2 Period 3
R&D Expenses - X
R&D Expenses - Y
Methods Improvement - X
Eastern Canada
Western Canada
Central Canada
Methods Improvement - Y
Eastern Canada
Western Canada
Central Canada
OTHER EXPENSES
MR, INSURANCE, PROF. FEES
LICENSES X
LICENSES Y
INTEREST EXPENSE
MISCELLANEOUS EXPENSES
Period 4 Period 5
Other Income Period 1 Period 2 Period 3
LICENSES X
LICENSES Y
INTEREST INCOME
MISCELLANEOUS INCOME
TOTAL OTHER INCOME $ - $ - $ -
 Period 4 Period 5

$ - $ -
Financing Activities Period 1 Period 2
New Loans Issued to other teams
New Loans issued to your team
New Equity Received

Loans Principal Paid Back by Other teams

Loan Principal paid back by your team
Period 3 Period 4 Period 5
 Period 1 Period 2 Period 3 Period 4
GROSS EARNINGS $ - $ - $ - $ -
INCOME TAX
NET EARNINGS $ - $ - $ - $ -

Note: the gross earnings have been calculated based on your inputs. Enter what you believe to be a reasonable amount fo
taxes in the blue cells - remember that losses carryover 100% from the previous period.
 Period 5
$ -
enter a dollar amount here, not a percentage
$ -

be a reasonable amount for

Assumptions:
List any assumptions here or notes to support your statements here.

1
2
3
4
5
6
BALANCE SHEET Period 1 Period 2 Period 3 Period 4 Period 5

ASSETS
CASH and SECURITIES $ - $ - $ - $ - $ -
A/R PERIOD t+1 $ - $ - $ - $ - $ -
A/R PERIOD t+2 $ - $ - $ - $ - $ -
INVENTORY - X $ - $ - $ - $ - $ -
INVENTORY - Y $ - $ - $ - $ - $ -
NET PLANT AND EQUIPMENT $ - $ - $ - $ - $ -
INTER-COMPANY INVESTMENT $ - $ - $ - $ - $ -
TOTAL ASSETS $ - $ - $ - $ - $ -

LIABILITIES
A/P PERIOD t+1 $ - $ - $ - $ - $ -
A/P PERIOD t+2 $ - $ - $ - $ - $ -
LINE OF CREDIT $ - $ - $ - $ - $ -
LOANS $ - $ - $ - $ - $ -
TOTAL LIABILITIES $ - $ - $ - $ - $ -

STOCKHOLDER EQUITY
COMMON STOCK AT PAR $ - $ - $ - $ - $ -
RETAINED EARNINGS $ - $ - $ - $ - $ -
TOTAL EQUITY $ - $ - $ - $ - $ -

TOTAL LIABILITY AND EQUITY $ - $ - $ - $ - $ -

INCOME STATEMENT
EC Sales
Sales of X
Cost of Goods sold (X)
Gross margin (X)
Sales of Y
Cost of Goods Sold (Y)
Gross Margin (Y)
WC Sales
Sales of X
Cost of Goods sold (X)
Gross margin (X)
Sales of Y
Cost of Goods Sold (Y)
Gross Margin (Y)
CC Sales
Sales of X
Cost of Goods sold (X)
Gross margin (X)
Sales of Y
Cost of Goods Sold (Y)
Gross Margin (Y)
Total Margin from Sales
OPERATING EXPENSES
COMMERCIAL AND ADMIN.
ADVERTISING
SHIPPING
WAREHOUSING
METHODS IMPROVEMENT
DEPRECIATION AND FIXED
TOTAL OPERATING EXPENSES
NET EARNINGS FROM OPERATIONS
NON-OPERATING INCOME
LICENSES X
LICENSES Y
INTEREST INCOME
MISCELLANEOUS INCOME
TOTAL NON-OPER. INCOME
NON-OPERATING EXPENSES
LICENSES X
LICENSES Y
MR, INSURANCE, PROF. FEES
R & D NEW X
R & D NEW Y
INTEREST EXPENSE
MISCELLANEOUS EXPENSE
TOTAL NON-OPER. EXPENSE
GROSS EARNINGS
INCOME TAX
NET EARNINGS
Period 1 Period 2 Period 3 Period 4 Period 5
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
0 0 0 0 0
$ - $ - $ - $ - $ -
Sources of Cash Period 1 Period 2 Period 3 Period 4 Period 5
Beginning Balance (cash and securities) $ - $ - $ - $ - $ -
Cash from Sales $ - $ - $ - $ - $ -
Cash from loans or other financing $ - $ - $ - $ - $ -
cash collected from previous period's A/R $ - $ - $ - $ - $ -
Cash from non-operating income (e.g., licenses) $ - $ - $ - $ - $ -
add back depreciation expense (non-cash) $ - $ - $ - $ - $ -

Total Sources of Cash $ - $ - $ - $ - $ -

Uses of Cash
cash used to clear line of credit $ - $ - $ - $ - $ -
cash paid for variable costs of production this period $ - $ - $ - $ - $ -
cash used in purchases from other companies $ - $ - $ - $ - $ -
cash used to pay previous period's A/P $ - $ - $ - $ - $ -
cash used for operating expenses $ - $ - $ - $ - $ -
cash used for non-operating expenses $ - $ - $ - $ - $ -
cash used in financing activities (e.g., loans to other teams) $ - $ - $ - $ - $ -
cash used to buy/construct new plants $ - $ - $ - $ - $ -
TOTAL USES OF CASH $ - $ - $ - $ - $ -

NET CASH $ - $ - $ - $ - $ -