C.

FINANCIAL STATEMENT

Table XVIII
Income Statement, Five Years Projection

Projected Income Statement for Five (5) Years

Particular Year 1 Year 2 Year 3 Year 4 Year 5

Total Projected Sale
Cash 346,000.00 380,600.00 418,660.00 460,526.00 506,578.60
Account Recievable 236,000.00 259,600.00 285,560.00 314,116.00 345,527.60
Total of Goods Sales 582,000.00 640,200.00 704,220.00 774,642.00 852,106.20
Less:
Product Cost 100,000.00 110,000.00 121,000.00 133,100.00 146,410.00
Machineries and Equipment 50,496.98 39,223.96 27,950.94 16,677.92 5,404.90
Furniture and fixture 5,360.00 4,020.00 2,680.00 1,340.00 0.00
Total Cost of Constructional Supply Materials 155,856.98 153,243.96 151,630.94 151,117.92 151,814.90
Add:
Salary and Wages & Mandatory Benefits 312,000.00 327,600.00 343,980.00 361,179.00 379,237.95
Rentals and Repair 17,100.00 17,955.00 18,852.75 19,795.39 20,785.16
Utility Cost 48,300.00 50,715.00 53,250.75 55,913.29 58,708.95
Advertising and Marketing Costs 1,550.00 1,627.50 1,708.88 1,794.32 1,884.03
Provision of Bad Debts 10,000.00 10,500.00 11,025.00 11,576.25 12,155.06
Dep. (Machineries & Equipment) 11,273.03 11,273.02 11,273.02 11,273.02 11,273.02
Dep. (Furniture and Fixture) 1,340.00 1,340.00 1,340.00 1,340.00 1,340.00
Miscellaneous Expenses 2,700.00 2,835.00 2,976.75 3,125.59 3,281.87
Drawing Expenses 7,800.00 8,190.00 8,599.50 9,029.48 9,480.95
Total Cost of Products and Operating Exp. 567,920.01 585,279.48 604,637.58 626,144.24 649,961.89
Merchandise Inventory End 98,600.00 101,558.00 104,604.74 107,742.88 110,975.17

Office Supplies Inventory End 928.00 788.00 981.00 783.00 887.00

Net Income Before Tax 113,608.00 157,266.53 205,168.16 257,023.64 314,006.48
681,528.00 681,528.00 742,546.00 742,546.00 809,805.74 809,805.74 883,167.88 883,167.88 963,968.37 963,968.37

62
113,608.00 157,266.53 205,168.16 257,023.64 314,006.48
567,920.01 585,279.48 604,637.58 626,144.24 649,961.89
 Table XIX
Cash Flow, Five Years Projection

Projected Cash Flow for Five (5) Years

Particular Year 1 Year 2 Year 3 Year 4 Year 5
Cash Inflow
Projected Cash/Sale
Cash 346,000.00 380,600.00 418,660.00 460,526.00 506,578.60
Account Recievable 236,000.00 259,600.00 285,560.00 314,116.00 345,527.60
Merchandise Inventory End 98,600.00 101,558.00 104,604.74 107,742.88 110,975.17
Office Supplies Inventory End 928.00 761.01 981.00 783.00 887.00

Total Cash Inflow 681,528.00 742,519.01 809,805.74 883,167.88 963,968.37

Cash Outflow
Projected Cost of Goods & Operating Expenses
Product Cost 100,000.00 110,000.00 121,000.00 133,100.00 146,410.00
Machineries and Equipment 61,770.00 50,469.98 39,223.96 27,950.00 16,677.92
Furniture and fixture 6,700.00 5,360.00 4,020.00 2,680.00 1,340.00

Total Cost of products & etc. 168,470.00 165,829.98 164,243.96 163,730.00 164,427.92
Salary and Wages & Mandatory Benefits 312,000.00 327,600.00 343,980.00 361,179.00 379,237.95
Rentals and Repair 17,100.00 17,955.00 18,852.75 19,795.39 20,785.16
Utility Cost 48,300.00 50,715.00 53,250.75 55,913.29 58,708.95
Advertising and Marketing Costs 1,550.00 1,627.50 1,708.88 1,794.32 1,884.03
Provision of Bad Debts 10,000.00 10,500.00 11,025.00 11,576.25 12,155.06
Miscellaneous Expenses 2,700.00 2,835.00 2,976.75 3,125.59 3,281.87
Drawing Expenses 7,800.00 8,190.00 8,599.50 9,029.48 9,480.95

Total of Cash Outflaw 399,450.00 419,422.50 440,393.63 462,413.31 485,533.97

Total of Cash Flaw 681,528.00 567,920.00 742,519.01 585,252.48 809,805.74 604,637.59 883,167.88 626,143.31 963,968.37 649,961.89
Total Earnings 113,608.00 157,266.53 205,168.16 257,024.58 314,006.48
681,528.00 681,528.00 742,519.01 742,519.01 809,805.74 809,805.74 883,167.88 883,167.88 963,968.37 963,968.37

113,608.00 157,266.53 205,168.16 157,023.64 314,006.48

 Table XX
Balance Sheet Projection, Five Years

Projected Balance Sheet for Five (5) Years

Particular Year 1 Year 2 Year 3 Year 4 Year 5
Current Assets
Cash 346,000.00 380,600.00 418,660.00 460,526.00 506,578.60
Account Recievable 236,000.00 259,600.00 285,560.00 314,116.00 345,527.60
Bad Debts 10,000.00 10,500.00 11,025.00 11,576.25
Merchandise Inventory End 296,039.01 381,082.82 448,385.19 420,554.99 590,333.70

Office Supplies Inventory End 928.00 788.00 981.00 783.00 887.00

Non-Current/Fixed Assets
Machineries and Equipment 61,770.00 24,933.75 19,367.50 13,801.25 8,235.00
Acct. Dep. (Machineries & Equipment) 11,273.02 5,566.25 5,566.25 5,566.25
Furniture and fixture 6,700.00 8,768.00 6,576.00 4,384.00 2,192.00
Acct. Dep. (Furniture and Fixtures) 1,340.00 2,192.00 2,192.00 2,192.00

Liabilities and Owners' Equity

Current Liabilities
Account Payable 1,500.00 1,650.00 1,815.00 1,996.50
Salaries & Mandatory Benefits Payable 312,000.00 327,600.00 343,980.00 361,179.00
Owners' Equity
Capital 567,920.01 624,712.01 687,183.21 755,901.53
Drawing Expenses 70,204.02 73,714.22 77,399.93 81,269.93 85,333.43
Sub Total 1,017,641.03 904,033.03 1,129,486.79 972,220.26 1,256,929.62 1,051,761.46 1,295,435.17 1,138,411.53 1,539,087.33
Add:

Net Income Before Tax 113,608.00 157,266.53 205,168.16 157,023.64

1,017,641.03 1,017,641.03 1,129,486.79 1,129,486.79 1,256,929.62 1,256,929.62 1,295,435.17 1,295,435.17 1,539,087.33

113,608.00 157,266.53 205,168.16 157,023.64

64
Year 5

12,155.06

2,196.15
379,237.95

831,491.69

1,225,080.85

314,006.48

1,539,087.33

314,006.48
 D. FINANCIAL ANALYSIS

Table XXI
ROI Five Years Projection

Projected ROI for Five (5) Years

Particular Year 1 Year 2 Year 3 Year 4 Year 5
Net Income 113,608.00 157,266.53 205,168.16 257,023.64 314,006.48 1,047,072.81
Investment 567,920.01 585,279.48 604,637.58 626,144.24 649,961.89 3,033,943.20
ROI 0.200042256 0.2687033039 0.3393241948 0.4104863122 0.4831152177 3,033,943.20
0.20 0.27 0.34 0.41 0.48
1,047,072.81
 D. FINANCIAL ANALYSIS

Table XIX
ROI Five Years Projection

Projected ROI for Five (5) Years

Particular Year 1 Year 2 Year 3 Year 4 Year 5
Current Value of Investment 8,761,651.00 9,550,199.59 10,409,717.55 11,346,592.13 12,367,785.42
Less:
Cost of Investment 7,833,850.00 8,582,313.03 9,408,486.56 10,319,652.14 11,324,308.98
927,801.00 967,886.56 1,001,230.99 1,026,939.99 1,043,476.44
Divide
Cost of Investment 7,833,850.00 8,582,313.03 9,408,486.56 10,319,652.14 11,324,308.98
0.118434869 0.112776889 0.1064178587 0.099513044 0.0921448228
Multiply
100.00 100.00 100.00 100.00 100.00
11.84348692 11.27768885 10.64178587 9.951304355 9.2144822848
Net Income 3,763,054.03 4,157,045.34 4,589,069.18 5,062,525.59 5,581,378.92
Total Investment 7,833,850.00 8,582,313.03 9,408,486.56 10,319,652.14 11,324,308.98
ROI 0.480358193 0.48437354 0.4877584881 0.490571341 0.4928670641