Caso Conserve Alimentari

Cash Budget CONSERVE ALIMENTARI

0€

january february march april may june july august september october november december total
turnover 3,682 3,960 2,873 4,314 3,576 3,578 5,034 5,182 10,031 14,457 11,550 7,763 76,000 annex 2
earnings
proceeeds 4,880 3,682 3,960 2,873 4,314 3,576 3,578 2,517 5,108 7,607 12,244 13,004 67,342 DSO 30 days e 45 from july. Pg 5 in alto

outflows
raw materials -1,850 -1,850 -1,850 -1,850 -1,850 -1,850 -6,000 -6,000 -9,000 -9,000 -6,000 -6,000 -53,100 mid page 5
semifinished prod -1,300 -1,300 -1,300 -1,300 -5,200 mid page 5
cost of permanent empl. -550 -550 -550 -550 -550 -550 -550 -550 -550 -550 -550 -1,010 -7,060 bottom page 4
cost of seasonal empl. -500 -2,000 -1,000 -3,500 bottom page 4
production costs -470 -470 -470 -470 -470 -470 -470 -470 -470 -470 -470 -470 -5,640 mid/bottom page 5
administrative expenses -20 -20 -20 -20 -20 -20 -20 -20 -20 -20 -20 -20 -240 bottom page 5
commercial expenses -250 -250 -250 -250 -250 -250 -250 -250 -540 -540 -540 -540 -4,160 bottom page 5
loan repayment -500 -500 -1,000 top page 6
plants installment -900 -900 -900 -900 -3,600 mid page 6
tot. Outflows -4,440 -3,140 -4,040 -4,440 -3,140 -4,540 -8,590 -7,790 -13,480 -12,880 -7,580 -9,440 -83,500

balance 440 542 -80 -1,567 1,174 -964 -5,012 -5,273 -8,372 -5,274 4,664 3,564
cash surplus 130
initial bank overdraft -18,430 -17,860 -17,318 -17,929 -19,496 -18,322 -19,850 -24,862 -30,135 -39,349 -44,622 -39,958
bank overdraft before financi -17,860 -17,318 -17,398 -19,496 -18,322 -19,286 -24,862 -30,135 -38,507 -44,622 -39,958 -36,395
financial interests -531 -564 -842 -1,225 -3,161
final bank balance -17,929 -19,850 -39,349 -37,619

Cash budget
 Caso Conserve Alimentari

profit and loss balance sheet 2022

data in 000 € 2022 data in 000 €
turnover 76,000 ASSETS LIABILITIES

cash and banks 430 300 bank overdraft 18,430 37,619

purchases - 45,800
Administrative/Commercial costs - 20,600 Receivables A 4,880 13,538 accounts payables A 6,850 10,550
EBITDA 9,600
Depreciation - 3,000 inventory (stocks) B 23,080 39,280 loans 5,300 4,700

EBIT 6,600 net fixed assets C 12,150 12,750 shareholder loan 300 300

tax liabilities 1,215

loans interests - 400
bank overdraft interests - 3,161 share capital 4,800 4,800

Gross profit 3,039 reserves 5,000 4,860

tax - 1,215
net profit - 140 1,823
Net profit 1,823
total assets 40,540 65,868 total liabilities 40,540 65,868

BS_PL
Hypothetical financial plan 2021 2022 2023 2024
(input)
revenue growth rate 10% 10%
inflation growth rate (only for costs) 2% 2%
investments 0 0
depreciation rate new investments 10% 10%
constant DSO
days inventory outstanding
ratio supplier/consumption constant
Payout 0 0
interest rate 12.00% 12.00%
loan capital repayments 650 700
New Loans 350 300
tax rate 40% 40%
advance tax payment 98% 98%
(data in 000 €)
Profit and loss 2021 2022 2023 2024
revenues 31,700 76,000 83,600 91,960
cost of goods sold - 23,670 - 45,800 - 51,296 - 57,452
risultato lordo produzione 8,030 30,200 32,304 34,508
administrative expenses - 2,530 - 20,600 - 21,012 - 21,432
EBITDA 5,500 9,600 11,292 13,076
depreciation - 2,640 - 3,000 - 3,000 - 3,000
EBIT 2,860 6,600 8,292 10,076
financial expenses - 3,000 - 3,561 - 4,611 - 4,486
gross profit - 140 3,039 3,681 5,591
taxes - - 1,215 - 1,472 - 2,236
net profit or loss - 140 1,823 2,209 3,354

Balance sheet 2021 2022 2023 2024

Assets
cash 430 300 300 300
receivables 4,880 13,538 14,892 16,381
inventory (stocks) 23,080 39,280 43,208 47,529
current asstes 28,390 53,118 58,400 64,210
fixed assets 28,670 32,270 32,270 32,270
depreciations - 16,520 - 19,520 - 22,520 - 25,520
net fixed assets 12,150 12,750 9,750 6,750
total assets 40,540 65,868 68,150 70,960

Liabilities
bank overdraft 18,430 37,619 38,011 36,237
payables 6,850 10,550 11,816 13,234
other debts - - - -
current liabilities 25,280 48,169 49,827 49,471
tax debts - 1,215 281 793
loans 5,300 4,700 4,050 3,350
shareholder loans 300 300 300 300
non-current liabilities 5,600 6,215 4,631 4,443
shared capital 4,800 4,800 4,800 4,800
reserves 5,000 4,860 6,683 8,892
profit/loss - 140 1,823 2,209 3,354
shareholders' equity 9,660 11,483 13,692 17,046
total liabilities 40,540 65,868 68,150 70,960
0 0 0 0

financial needs pre financial expenses 33,400 31,751

financial expenses 4,611 4,486

Financial statement 2021 2022 2023 2024

Operating income 6,600 8,292 10,076
Depreciations 3,000 3,000 3,000
Taxes - 1,215 - 1,472 - 2,236
Operating cash flow 8,385 9,820 10,840
Working Capital 21,110 41,053 46,003 49,883
∆ WC - 19,943 - 4,950 - 3,880
Net cash from operating activities -11,558 4,870 6,960
∆ tangible and intangible assets - 3,600 - -
Capex - 3,600 - -
Net cash from investing activities -15,158 4,870 6,960
∆ bank overdraft 19,189 391 - 1,774
capital repayments - 600 - 650 - 700
Change in cash and cash equivalent 130 - -
∆ Equity - - -
Financial expenses - 3,561 - 4,611 - 4,486
Net cash from financing activities 15,158 -4,870 -6,960
check 0 0 0