Capital Expenditure CAPEX

Item Cost
Machines 4,508,000.00 .‫ي‬.‫ر‬
Decoration 2,800,000.00 .‫ي‬.‫ر‬
Equipments e.g (Modem, Printers, etc) 168,000.00 .‫ي‬.‫ر‬
Furnitures e.g (Desks, Tables, Chairs, Sofas, etc) 840,000.00 .‫ي‬.‫ر‬
Computers / Laptops 280,000.00 .‫ي‬.‫ر‬

Total CAPEX 8,596,000.00 .‫ي‬.‫ر‬

Monthly Operating Expenses OPEX (6 months)

Item Cost
Initial Investment
.‫ي‬.‫ر‬
Premits & Licensing Total CAPEX + 560,000.00
Total OPEX
.‫ي‬.‫ر‬
26,148,000.00 .‫ي‬.‫ر‬
Rent 2,352,000.00
Indentify the source of funds .‫ي‬.‫ر‬ long term debt
Salaries / Wages 4,368,000.00
Utilities e.g (electricity, internet, water, .‫ي‬.‫ر‬
etc) 3,920,000.00
.‫ي‬.‫ر‬
Advertising cost 1,680,000.00
.‫ي‬.‫ر‬
Cash on hand 4,000,000.00
.‫ي‬.‫ر‬
Supplies 672,000.00
.‫ي‬.‫ر‬
Total OPEX 17,552,000.00

Cost of Goods Sold

Total Cost Total Cost Per
Type Per Month Year
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Bakery 1,260,000.00 15,120,000.00
.‫ي‬.‫ ر‬.‫ي‬.‫ر‬
Croissant 390,000.00 4,680,000.00
Depreciation
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Cookies Usef
75,000.00 900,000.00
ul
CAPEX Cost Life Year 1 Year 2 Year 3
 .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Machines 4,508,000.00 10 450,800.00 450,800.00 450,800.00
Equipments e.g .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
(Modem, Printers, etc) 168,000.00 5 33,600.00 33,600.00 33,600.00
Furnitures e.g (Desks,
Tables, Chairs, Sofas, .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
etc) 840,000.00 5 168,000.00 168,000.00 168,000.00
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Computers / Laptops 280,000.00 5 56,000.00 56,000.00 56,000.00
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Total 5,796,000.00 708,400.00 708,400.00 708,400.00

Cost of Goods Sold

Year 1 Year 2 Year 3

Percentag
e of cost
increase - 15% 30%
.‫ي‬.‫ر‬
Total 20,700,000.0 .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
COGS 0 23,805,000.00 30,946,500.00

The cost of producing 200 baked goods/day is 42000 Yemeni riyals

The cost of producing 100 croissants / day is 13000 Yemeni riyals

The cost of producing 50 cookies/day is 2500 Yemeni riyals

Sales Forecasting
Bake Januar Februa Augus Septe Octob Nove Decem
March April May June July Total
ry y ry t mber er mber ber
Pric .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
e 500.00 500.00 500.00 500.00 500.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00
Num
ber
of
good 6000 6000 2000 6000 6000 6000 6000 6000 6000 6000 6000 6000 68000
s per
mont
h
Tota .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
l 3,000, 3,000, 1,000, 3,000, 3,000, 3,300, 3,300, 3,300, 3,300, 3,300, 3,300, 3,300, 36,100,
Reve 000.00 000.00 000.00 000.00 000.00 000.00 000.00 000.00 000.00 000.00 000.00 000.00 000.00
 nue
of
Type
1

Croi Januar Februa Augus Septe Octob Nove Decem

March April May June July Total
ssant y ry t mber er mber ber
Pric .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
e 200.00 200.00 200.00 200.00 200.00 250.00 250.00 250.00 250.00 250.00 250.00 250.00
Num
ber
of
good 3000 3000 1000 3000 3000 3000 3000 3000 3000 3000 3000 3000 34000
s per
mont
h
Tota
l
Reve .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
nue 600,00 600,00 200,00 600,00 600,00 750,00 750,00 750,00 750,00 750,00 750,00 750,00 7,850,0
of 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 00.00
Type
2

Coo Januar Februa Augus Septe Octob Nove Decem

March April May June July Total
kies y ry t mber er mber ber
Pric .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
e 100.00 100.00 100.00 100.00 100.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00
Num
ber
of
good 1500 1500 500 1500 1500 1500 1500 1500 1500 1500 1500 1500 17000
s per
mont
h
Tota
l
Reve .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
nue 150,00 150,00 50,000 150,00 150,00 180,00 180,00 180,00 180,00 180,00 180,00 180,00 1,910,0
of 0.00 0.00 .00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 00.00
Type
3

Sales Forecasting
Year 1 Year 2 Year 3
Demand growth price
increase 15% 10%
Number of goods per year 119000 136850 150535
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Total Revenue 45,860,000.00 52,739,000.00 58,012,900.00

Income Statement
Year Year 1 Year 2 Year 3
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Sales Revenue 45,860,000.00 52,739,000.00 58,012,900.00
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Cost of goods sold 20,700,000.00 23,805,000.00 30,946,500.00
Gross Profit .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
 Year 1 Year 2 Year 3
Cash Flow from Operating
Activities Year 1
25,160,000.00 Year2
28,934,000.00 Year 3
27,066,400.00
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Net Income -2,092,400.00 2,241,600.00 24,786,425.00
Commercial Register .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
License
Depreciation Expense 560,000.00
708,400.00 - 708,400.00 -708,400.00
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ ر‬.‫ي‬.‫ر‬ .‫ي‬.‫ر‬
.‫ي‬.‫ر‬
RentInventories 4,704,000.00
-500,000.00 4,704,000.00
-700,000.00 4,704,000.00
- 1,000,000.00
Net Cash from Operating
.‫ي‬.‫ر‬ .‫ي‬.‫ ر‬.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Activities
Salaries -
8,736,000.001,884,000.00 2,250,000.00
8,736,000.00 24,494,825.00
8,736,000.00
.‫ي‬.‫ ر‬Activities
Cash Flow from Investing .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Utilities
Change in Plant and 7,840,000.00 .‫ي‬.‫ر‬ 7,840,000.00.‫ي‬.‫ر‬ 10,000,000.00
.‫ي‬.‫ر‬
Equipement .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
-8,596,000.00 - .‫ي‬.‫ر‬ -
Advertising
Net Cashcost 3,360,000.00 .‫ي‬.‫ر‬
from Investing 3,360,000.00.‫ي‬.‫ر‬ 3,360,000.00
Activities .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
-8,596,000.00 - .‫ي‬.‫ر‬
Supplies Expense 1,344,000.00 1,344,000.00 1,344,000.00
Cash Flow from Financing Activities
.‫ي‬.‫ ر‬.‫ي‬.‫ر‬ .‫ي‬.‫ر‬
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Depreciation
Long TermExpense
Debt -708,400.00
6,000,000.00 708,400.00
-6,000,000.00 708,400.00
-6,000,000.00
Total Operating .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Expenses
Divdends 27,252,400.00
- 26,692,400.00 - 28,852,400.00
-6,000,000.00
.‫ي‬.‫ر‬
Net Cash from Financing .‫ي‬.‫ ر‬.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
EBITActivities -2,092,400.00
-6,000,000.002,241,600.00
-6,000,000.00 29,160,500.00
-12,000,000.00
.‫ي‬.‫ر‬ .‫ي‬.‫ ر‬.‫ي‬.‫ر‬
Tax - - 4,374,075.00
Net Change in Cash .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Balance .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
-16,480,000.00 -3,750,000.00 .‫ي‬.‫ر‬ 12,494,825.00
Net Income -2,092,400.00 .‫ي‬.‫ر‬ 2,241,600.00.‫ي‬.‫ر‬ 24,786,425.00
.‫ي‬.‫ر‬
Beginning Cash Balance 26,148,000.00 9,668,000.00 5,918,000.00
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Ending Cash Balance 9,668,000.00 5,918,000.00 18,412,825.00
 Balance Sheet Statement
Initial Year 0 Year 1 Year 2 Year 3
Assets

.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬

Cash 17,552,000.00 9,668,000.00 5,918,000.00 18,412,825.00
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Decoration 2,800,000.00 2,800,000.00 2,800,000.00 2,800,000.00
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Inventories 500,000.00 1,200,000.00 2,200,000.00
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Equipment 5,796,000.00 5,796,000.00 5,796,000.00 5,796,000.00
Less: Accumulated .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Depreciation - 708,400.00 1,416,800.00 2,125,200.00
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Total Fixed Assets 5,796,000.00 5,087,600.00 4,379,200.00 3,670,800.00
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Total Assets 26,148,000.00 18,055,600.00 14,297,200.00 27,083,625.00
Liabilities and
Owmers' Equity
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Long Term Debt 26,148,000.00 20,148,000.00 14,148,000.00 8,148,000.00

Owmers' Equity
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Partners' Capital - -
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Retained Earnings -2,092,400.00 149,200.00 18,935,625.00
.‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Total Owners' Equity -2,092,400.00 149,200.00 18,935,625.00
Total Liabilities and .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬ .‫ي‬.‫ر‬
Owners' Equity 26,148,000.00 18,055,600.00 14,297,200.00 27,083,625.00
 Break Even Point
Monthly expenses 486766

Avg.Selling price 1750

278.15
BEP 2