BUSINESS PLAN

VERSION 7.0

© 2008 ISMAIL AB.WAHAB, MALAYSIAN ENTREPRENEURSHIP DEVELOPMENT CENTRE (MEDEC), UNIVERSITI TEKNOLOGI MARA
 FINANCIAL PLANNING
© Ismail Ab.Wahab, MEDEC, UiTM, 2006

NAME OF BUSINESS/COMPANY BUTTERFUL STICKS

1. Projected administrative, marketing and operations expenditure :

MARKETING EXPENDITURE ADMINISTRATIVE EXPENDITURE OPERATIONS EXPENDITURE

Fixed Assets RM
Fixed Assets RM Fixed Assets RM
Land & Building ( 45,000)
Signboard ( 800) Office Furniture and Fitting ( 13,370) Machinery and Equipment ( 10,472)

Working Capital Working Capital Working Capital

Salary ( 21,803) Remuneration ( 20,540) Raw Materials ( 70,889)
Promotion Cost ( 1,565) Rent and Utilities ( 2,200) Carriage Inward & Duty
Salaries, EPF & SOCSO ( 20,267)

Other Expenditure Other Expenditure Other Expenditure

Other Expenditure 5000 Other Expenditure 595 Other Expenditure
Pre-Operations Pre-Operations Pre-Operations
Deposit (rent, utilities, etc.) Deposit (rent, utilities, etc.) ( 3,700) Deposit (rent, utilities, etc.) ( 2,500)
Business Registration & Licences Business Registration & Licences ( 1,400) Business Registration & Licences
Insurance & Road Tax for Motor Vehicle Insurance & Road Tax for Motor Vehicle Insurance & Road Tax for Motor Vehicle ( 2,000)
Other Expenditure Other Expenditure Other Expenditure ( 1,500)
TOTAL ( 29,168) TOTAL ( 86,805) TOTAL ( 107,627)

2. Projected sales and purchases: SALES PROJECTION PURCHASE PROJECTION

Year 1 Month 1 ( 75,000) Month 1 ( 70,889)
Month 2 ( 87,500) Month 2 ( 70,889)
Month 3 ( 95,000) Month 3 ( 70,889)
Month 4 ( 144,900) Month 4 ( 70,889)
Month 5 ( 156,500) Month 5 ( 70,889)
Month 6 ( 135,190) Month 6 ( 70,889)
Month 7 ( 110,720) Month 7 ( 70,889)
Month 8 ( 160,290) Month 8 ( 70,889)
Month 9 ( 90,000) Month 9 ( 70,889)
Month 10 ( 95,000) Month 10 ( 70,889)
Month 11 ( 304,000) Month 11 ( 70,889)
Month 12 ( 328,900) Month 12 ( 70,889)
Total Year 1 ( 2,083,000) Total Year 1 ( 850,666)
Year 2 ToTal Year 2 ( 2,395,450) ToTal Year 2 ( 978,266)
Year 3 Total Year 3 ( 2,994,313) Total Year 3 ( 1,222,833)
\
3. Collection for sales & payment for purchases: COLLECTIONS FOR SALES PAYMENTS FOR PURCHASES
In the month of sale 60% In the month of purchase 40%
1 month after sale 40% 1 month after purchase 60%
2 months after sale 0% 2 months after purchase 0%
Total 100% Total 100%

4. Economic life of fixed assets & FIXED ASSETS Econ. Life (yrs) FIXED ASSETS Econ. Life (yrs)
depreciation method: Office Furniture and Fitting 10 10
5 10
5 Machinery and Equipment 10
5 10
Signboard 5 10
5 10

DEPRECIATION METHOD (1=straight line, 2=declining balance) 1

5. Increase in working capital (if any): INCREASE IN WORKING CAPITAL (%)

Year 2 5%
Year 3 10%

6. Ending stock for raw materials ENDING STOCK OF RAW MATERIALS RM ENDING STOCK OF FINISHED GOODS RM
and finished goods: End of Year 1 ( 650) End of Year 1 ( 540)
End of Year 2 ( 580) End of Year 2 ( 560)
End of Year 3 ( 620) End of Year 3 ( 500)

7. Rate of taxation (for private limited company): TAX RATE

Year 1 28%
Year 2 28%
Year 3 28%

8. Business background: BUSINESS LEGAL ENTITY 2 NATURE OF BUSINESS 1

1 = Private Limited Cpmpany (Sdn. Bhd.) 1 = Manufacturing
2 = Partnership 2 = Trading
3 = Sole Proprietorship 3 = Service

9. Sources of finance: TERMS OF LOAN (if required)

Interest rate 2%
Loan duration 10
Interest payment method* 2
* Method: 1 = flat rate 2 = annual rest

TERMS OF HIRE-PURCHASE (if required)

Interest rate 5%
Hire-purchase duration 9

Click here to allocate the sources of finance

 BUTTERFUL STICKS
PROJECT IMPLEMENTATION COST & SOURCES OF FINANCE
Project Implementation Cost Sources of Finance
Requirements Cost Loan Hire-Purchase Own Contribution
Fixed Assets Cash Existing F. Assets
Land & Building (45,000) (0) (45,000)
Office Furniture and Fitting (13,370) (0) (13,370)
(0)
(0)
(0)
Signboard (800) (0) (800)
(0)
(0)
(0)
Machinery and Equipment (10,472) (0) (10,472)
(0)
(0)
(0)
Working Capital 1 months
Administrative (22,740) (12,740) (10,000)
Marketing (23,368) (8,368) (15,000)
Operations (91,155) (31,155) (60,000)
Pre-Operations & Other Expenditure (16,695) (6,695) (10,000)
Contingencies 10% (22,360) (12,360) (10,000)

TOTAL (245,960) (71,318) (45,000) (105,800) (23,842)

* Kaedah: 1 = kadar tetap Faedah Faedah
2 = atas baki tahunan Pinjaman Sewa Beli
2% 5%
Jangka Masa Jangka Masa
(tahun) (tahun)
10 9
Kaedah*
2
 ADMINISTRATIVE BUDGET MARKETING BUDGET OPERATIONS BUDGET
Particulars F.Assets Monthly Exp. Others Total Particulars F.Assets Monthly Exp. Others Total Particulars F.Assets Monthly Exp. Others Total

Fixed Assets
Land & Building ( 45,000) ( 45,000) Fixed Assets Fixed Assets
Office Furniture and Fitting ( 13,370) ( 13,370) Signboard ( 800) ( 800) Machinery and Equipment ( 10,472) ( 10,472)

Working Capital Working Capital Working Capital

Remuneration ( 20,540) ( 20,540) Salary ( 21,803) ( 21,803) Raw Materials ( 70,889) ( 70,889)
Rent and Utilities ( 2,200) ( 2,200) Promotion Cost ( 1,565) ( 1,565) Carriage Inward & Duty
Salaries, EPF & SOCSO ( 20,267) ( 20,267)

Pre-Operations & Other Expenditure Pre-Operations & Other Expenditure Pre-Operations & Other Expenditure
Other Expenditure ( 595) Other Expenditure ( 5,000) Other Expenditure
Deposit (rent, utilities, etc.) ( 3,700) ( 3,700) Deposit (rent, utilities, etc.) Deposit (rent, utilities, etc.) ( 2,500) ( 2,500)
Business Registration & Licences ( 1,400) ( 1,400) Business Registration & Licences Business Registration & Licences
Insurance & Road Tax for Motor Vehicle Insurance & Road Tax for Motor Vehicle Insurance & Road Tax for Motor Vehicle ( 2,000) ( 2,000)
Other Pre-Operations Expenditure Other Pre-Operations Expenditure Other Pre-Operations Expenditure ( 1,500) ( 1,500)
Total ( 58,370) ( 22,740) ( 5,695) ( 86,210) Total ( 800) ( 23,368) ( 5,000) ( 24,168) Total ( 10,472) ( 91,155) ( 6,000) ( 107,627)

* Jangka hayat aset tetap: tahun Anggaran Jualan & Belian

Land & Building tiada Jualan Belian
Bulan
Office Furniture and Fitting 10 (RM) (RM)
5 1 ( 75,000) ( 70,889)
5 2 ( 87,500) ( 70,889)
5 3 ( 95,000) ( 70,889)
Signboard 5 4 ( 144,900) ( 70,889)
5 5 ( 156,500) ( 70,889)
10 6 ( 135,190) ( 70,889)
10 7 ( 110,720) ( 70,889)
Machinery and Equipment 10 8 ( 160,290) ( 70,889)
10 9 ( 90,000) ( 70,889)
10 10 ( 95,000) ( 70,889)
10 11 ( 304,000) ( 70,889)
12 ( 328,900) ( 70,889)
Kaedah susut nilai 1 Jumlah Tahun 1 ( 1,783,000) ( 850,666)
1=garis lurus, 2=baki berkurangan Jumlah Tahun 2 ( 2,395,450) ( 978,266)
Jumlah Tahun 3 ( 2,994,313) ( 1,222,833)
#ERROR! #ERROR!
#ERROR! #ERROR!
% kenaikan tahun 2 0% 0% Tahun 1 Tahun 2 Tahun 3
 % kenaikan tahun 3 0% 0% Nilai stok (RM)
Bahan mentah ( ( 580) ( 620)
Kutipan Jualan Barang siap ( ( 560) ( 500)
Bulan semasa 60%
1 bulan selepas jualan 40% Kadar cukai (Sykt.
28%Sdn Bhd) 28% 28%
2 bulan selepas jualan 0%
Jumlah 100% Kenaikan modal kerja 5% 10%

Bayaran Kepada Pembekal

Bulan semasa 40%
1 bulan selepas belian 60%
2 bulan selepas belian 0%
Jumlah 100%
 BUTTERFUL STICKS BUTTERFUL STICKS
DEPRECIATION SCHEDULES LOAN & HIRE-PURCHASE AMMORTISATION SCHEDULES

Fixed Asset Office Furniture and Fitting Fixed Asset LOAN REPAYMENT SCHEDULE HIRE-PURCHASE REPAYMENT SCHEDULE
Cost (RM) 13,370 Cost (RM) Amount 71,318 Amount 45,000
Method Straight Line Method Straight Line Interest Rate 2% Interest Rate 5%
Economic Life (yrs) 10 Economic Life (yrs) 5 Duration (yrs) 10 Duration (yrs) 9
Annual Accumulated Annual Accumulated Method Baki Tahunan
Year Depreciation Depreciation Book Value Year Depreciation Depreciation Book Value Year Principal Interest Total Payment Principal Balance Year Principal Interest Total Payment Principal Balance
0 ( - ) ( - ) ( 13,370) 0 ( - ) ( - ) 0 ( - ) ( - ) ( 71,318) 0 ( - ) ( - ) ( 45,000)
1 ( 1,337) ( 1,337) ( 12,033) 1 ( - ) ( - ) ( - ) 1 ( 7,132) ( 1,426) ( 8,558) ( 64,187) 1 ( 5,000) ( 2,250) ( 7,250) ( 40,000)
2 ( 1,337) ( 2,674) ( 10,696) 2 ( - ) ( - ) ( - ) 2 ( 7,132) ( 1,284) ( 8,416) ( 57,055) 2 ( 5,000) ( 2,250) ( 7,250) ( 35,000)
3 ( 1,337) ( 4,011) ( 9,359) 3 ( - ) ( - ) ( - ) 3 ( 7,132) ( 1,141) ( 8,273) ( 49,923) 3 ( 5,000) ( 2,250) ( 7,250) ( 30,000)
4 ( 1,337) ( 5,348) ( 8,022) 4 ( - ) ( - ) ( - ) 4 ( 7,132) ( 998) ( 8,130) ( 42,791) 4 ( 5,000) ( 2,250) ( 7,250) ( 25,000)
5 ( 1,337) ( 6,685) ( 6,685) 5 ( - ) ( - ) ( - ) 5 ( 7,132) ( 856) ( 7,988) ( 35,659) 5 ( 5,000) ( 2,250) ( 7,250) ( 20,000)
6 ( 1,337) ( 8,022) ( 5,348) 6 ( - ) ( - ) ( - ) 6 ( 7,132) ( 713) ( 7,845) ( 28,527) 6 ( 5,000) ( 2,250) ( 7,250) ( 15,000)
7 ( 1,337) ( 9,359) ( 4,011) 7 ( - ) ( - ) ( - ) 7 ( 7,132) ( 571) ( 7,702) ( 21,396) 7 ( 5,000) ( 2,250) ( 7,250) ( 10,000)
8 ( 1,337) ( 10,696) ( 2,674) 8 ( - ) ( - ) ( - ) 8 ( 7,132) ( 428) ( 7,560) ( 14,264) 8 ( 5,000) ( 2,250) ( 7,250) ( 5,000)
9 ( 1,337) ( 12,033) ( 1,337) 9 ( - ) ( - ) ( - ) 9 ( 7,132) ( 285) ( 7,417) ( 7,132) 9 ( 5,000) ( 2,250) ( 7,250) ( - )
10 ( 1,337) ( 13,370) ( - ) 10 ( - ) ( - ) ( - ) 10 ( 7,132) ( 143) ( 7,274) 0 10 0 0 ( - ) ( - )

Fixed Asset Fixed Asset

Cost (RM) Cost (RM)
Method Straight Line Method Straight Line
Economic Life (yrs) 5 Economic Life (yrs) 5
Annual Accumulated Annual Accumulated
Year Depreciation Depreciation Book Value Year Depreciation Depreciation Book Value
0 ( - ) ( - ) 0 ( - ) ( - )
1 ( - ) ( - ) ( - ) 1 ( - ) ( - ) ( - )
2 ( - ) ( - ) ( - ) 2 ( - ) ( - ) ( - )
3 ( - ) ( - ) ( - ) 3 ( - ) ( - ) ( - )
4 ( - ) ( - ) ( - ) 4 ( - ) ( - ) ( - )
5 ( - ) ( - ) ( - ) 5 ( - ) ( - ) ( - )
6 ( - ) ( - ) ( - ) 6 ( - ) ( - ) ( - )
7 ( - ) ( - ) ( - ) 7 ( - ) ( - ) ( - )
8 ( - ) ( - ) ( - ) 8 ( - ) ( - ) ( - )
9 ( - ) ( - ) ( - ) 9 ( - ) ( - ) ( - )
10 ( - ) ( - ) ( - ) 10 ( - ) ( - ) ( - )

Fixed Asset Signboard Fixed Asset

Cost (RM) 800 Cost (RM)
Method Straight Line Method Straight Line
Economic Life (yrs) 5 Economic Life (yrs) 5
Annual Accumulated Annual Accumulated
Year Depreciation Depreciation Book Value Year Depreciation Depreciation Book Value
0 ( - ) ( - ) ( 800) 0 ( - ) ( - )
1 ( 160) ( 160) ( 640) 1 ( - ) ( - ) ( - )
2 ( 160) ( 320) ( 480) 2 ( - ) ( - ) ( - )
3 ( 160) ( 480) ( 320) 3 ( - ) ( - ) ( - )
4 ( 160) ( 640) ( 160) 4 ( - ) ( - ) ( - )
5 ( 160) ( 800) ( - ) 5 ( - ) ( - ) ( - )
6 0 0 ( - ) 6 ( - ) ( - ) ( - )
7 0 0 ( - ) 7 ( - ) ( - ) ( - )
8 0 0 ( - ) 8 ( - ) ( - ) ( - )
9 0 0 ( - ) 9 ( - ) ( - ) ( - )
10 0 0 ( - ) 10 ( - ) ( - ) ( - )

Fixed Asset Fixed Asset

Cost (RM) Cost (RM)
Method Straight Line Method Straight Line
Economic Life (yrs) 10 Economic Life (yrs) 10
Annual Accumulated Annual Accumulated
Year Depreciation Depreciation Book Value Year Depreciation Depreciation Book Value
0 ( - ) ( - ) 0 ( - ) ( - )
1 ( - ) ( - ) ( - ) 1 ( - ) ( - ) ( - )
2 ( - ) ( - ) ( - ) 2 ( - ) ( - ) ( - )
3 ( - ) ( - ) ( - ) 3 ( - ) ( - ) ( - )
4 ( - ) ( - ) ( - ) 4 ( - ) ( - ) ( - )
5 ( - ) ( - ) ( - ) 5 ( - ) ( - ) ( - )
6 ( - ) ( - ) ( - ) 6 ( - ) ( - ) ( - )
7 ( - ) ( - ) ( - ) 7 ( - ) ( - ) ( - )
8 ( - ) ( - ) ( - ) 8 ( - ) ( - ) ( - )
9 ( - ) ( - ) ( - ) 9 ( - ) ( - ) ( - )
10 ( - ) ( - ) ( - ) 10 ( - ) ( - ) ( - )

Fixed Asset Machinery and Equipment Fixed Asset

Cost (RM) (10,472) Cost (RM)
Method Straight Line Method Straight Line
Economic Life (yrs) 10 Economic Life (yrs) 10
Annual Accumulated Annual Accumulated
Year Depreciation Depreciation Book Value Year Depreciation Depreciation Book Value
0 ( - ) ( - ) ( 10,472) 0 ( - ) ( - )
1 ( 1,047) ( 1,047) ( 9,425) 1 ( - ) ( - ) ( - )
2 ( 1,047) ( 2,094) ( 8,378) 2 ( - ) ( - ) ( - )
3 ( 1,047) ( 3,142) ( 7,330) 3 ( - ) ( - ) ( - )
4 ( 1,047) ( 4,189) ( 6,283) 4 ( - ) ( - ) ( - )
5 ( 1,047) ( 5,236) ( 5,236) 5 ( - ) ( - ) ( - )
6 ( 1,047) ( 6,283) ( 4,189) 6 ( - ) ( - ) ( - )
7 ( 1,047) ( 7,330) ( 3,142) 7 ( - ) ( - ) ( - )
8 ( 1,047) ( 8,378) ( 2,094) 8 ( - ) ( - ) ( - )
9 ( 1,047) ( 9,425) ( 1,047) 9 ( - ) ( - ) ( - )
10 ( 1,047) ( 10,472) ( (0) 10 ( - ) ( - ) ( - )

Fixed Asset Fixed Asset

Cost (RM) Cost (RM)
Method Straight Line Method Straight Line
Economic Life (yrs) 10 Economic Life (yrs) 10
Annual Accumulated Annual Accumulated
Year Depreciation Depreciation Book Value Year Depreciation Depreciation Book Value
0 ( - ) ( - ) 0 ( - ) ( - )
1 ( - ) ( - ) ( - ) 1 ( - ) ( - ) ( - )
2 ( - ) ( - ) ( - ) 2 ( - ) ( - ) ( - )
3 ( - ) ( - ) ( - ) 3 ( - ) ( - ) ( - )
4 ( - ) ( - ) ( - ) 4 ( - ) ( - ) ( - )
5 ( - ) ( - ) ( - ) 5 ( - ) ( - ) ( - )
6 ( - ) ( - ) ( - ) 6 ( - ) ( - ) ( - )
7 ( - ) ( - ) ( - ) 7 ( - ) ( - ) ( - )
8 ( - ) ( - ) ( - ) 8 ( - ) ( - ) ( - )
9 ( - ) ( - ) ( - ) 9 ( - ) ( - ) ( - )
10 ( - ) ( - ) ( - ) 10 ( - ) ( - ) ( - )
 BUTTERFUL STICKS
PRO FORMA CASH FLOW STATEMENT
MONTH Pre-Operations 1 2 3 4 5 6 7 8 9 10 11 12 TOTAL YR 1 YEAR 2 YEAR 3

CASH INFLOW
Capital (Cash) (105,800) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (105,800) (0) (0)
Loan (71,318) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (71,318) (0) (0)
Cash Sales (45,000) (52,500) (57,000) (86,940) (93,900) (81,114) (66,432) (96,174) (54,000) (57,000) (182,400) (197,340) (1,069,800) (1,437,270) (1,796,588)
Collection of Accounts Receivable (0) (30,000) (35,000) (38,000) (57,960) (62,600) (54,076) (44,288) (64,116) (36,000) (38,000) (121,600) (581,640) (1,009,892) (1,177,763)
TOTAL CASH INFLOW (177,118) (45,000) (82,500) (92,000) (124,940) (151,860) (143,714) (120,508) (140,462) (118,116) (93,000) (220,400) (318,940) (1,828,558) (2,447,162) (2,974,351)

CASH OUTFLOW
Administrative Expenditure
Remuneration (20,540) (20,540) (20,540) (20,540) (20,540) (20,540) (20,540) (20,540) (20,540) (20,540) (20,540) (20,540) (246,480) (258,804) (284,684)
Rent and Utilities (2,200) (2,200) (2,200) (2,200) (2,200) (2,200) (2,200) (2,200) (2,200) (2,200) (2,200) (2,200) (26,400) (27,720) (30,492)
(0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0)
(0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0)
(0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0)
(0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0)
(0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0)
Marketing Expenditure
Salary (21,803) (21,803) (21,803) (21,803) (21,803) (21,803) (21,803) (21,803) (21,803) (21,803) (21,803) (21,803) (261,636) (274,718) (302,190)
Promotion Cost (1,565) (1,565) (1,565) (1,565) (1,565) (1,565) (1,565) (1,565) (1,565) (1,565) (1,565) (1,565) (18,780) (19,719) (21,691)
(0) (0) (0)
(0) (0) (0)
(0) (0) (0)
(0) (0) (0)
(0) (0) (0)
Operations Expenditure
Cash Purchase (28,356) (28,356) (28,356) (28,356) (28,356) (28,356) (28,356) (28,356) (28,356) (28,356) (28,356) (28,356) (340,266) (391,306) (489,133)
Payment of Account Payable (0) (42,533) (42,533) (42,533) (42,533) (42,533) (42,533) (42,533) (42,533) (42,533) (42,533) (42,533) (467,866) (510,400) (586,960)
Carriage Inward & Duty (0) (0) (0)
Salaries, EPF & SOCSO (20,267) (20,267) (20,267) (20,267) (20,267) (20,267) (20,267) (20,267) (20,267) (20,267) (20,267) (20,267) (243,198) (255,358) (280,894)
(0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0)
(0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0)
(0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0)
(0) (0) (0)
Other Expenditure (5,595) (5,595) (5,875) (6,462)
Pre-Operations
Deposit (rent, utilities, etc.) (6,200) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (6,200) (0) (0)
Business Registration & Licences (1,400) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (1,400)
Insurance & Road Tax for Motor Vehicle (2,000) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (2,000) (2,000) (2,000)
Other Pre-Operations Expenditure (1,500) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (1,500)
Fixed Assets
Purchase of Fixed Assets - Land & Building (45,000) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (45,000) (0) (0)
Purchase of Fixed Assets - Others (800) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (800) (0) (0)
Hire-Purchase Down Payment (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0)
Hire-Purchase Repayment:
Principal (417) (417) (417) (417) (417) (417) (417) (417) (417) (417) (417) (417) (5,000) (5,000) (5,000)
Interest (188) (188) (188) (188) (188) (188) (188) (188) (188) (188) (188) (188) (2,250) (2,250) (2,250)
Loan Repayment:
Principal (594) (594) (594) (594) (594) (594) (594) (594) (594) (594) (594) (594) (7,132) (7,132) (7,132)
Interest (119) (119) (119) (119) (119) (119) (119) (119) (119) (119) (119) (119) (1,426) (1,284) (1,141)
Tax Payable (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) (0) 0 0 0 0
TOTAL CASH OUTFLOW (56,900) (101,642) (138,581) (138,581) (138,581) (138,581) (138,581) (138,581) (138,581) (138,581) (138,581) (138,581) (138,581) (1,682,930) (1,761,565) (2,020,029)

CASH SURPLUS (DEFICIT) (120,218) (56,642) (56,081) (46,581) (13,641) (13,279) (5,133) (18,073) (1,881) (20,465) (45,581) (81,819) (180,359) (145,629) (685,597) (954,322)
BEGINNING CASH BALANCE (120,218) (63,576) (7,495) (39,085) (52,726) (39,447) (34,313) (52,386) (50,505) (70,969) (116,550) (34,731) (0) (145,629) (831,225)
ENDING CASH BALANCE (120,218) (63,576) (7,495) (39,085) (52,726) (39,447) (34,313) (52,386) (50,505) (70,969) (116,550) (34,731) (145,629) (145,629) (831,225) (1,785,548)

© Ismail Ab.Wahab
( 0)
 BUTTERFUL STICKS
PRO-FORMA PRODUCTION COST STATEMENT

Year 1 Year 2 Year 3

Raw Materials
Opening Stock 0 (650) (580)
Current Year Purchases (850,666) (978,266) (1,222,833)
Ending Stock (650) (580) (620)
Raw Materials Used (850,016) (978,336) (1,222,793)
Carriage Inward (0) (0) (0)
(850,016) (978,336) (1,222,793)
Salaries, EPF & SOCSO (243,198) (255,358) (280,894)
Factory Overhead
Depreciation of Fixed assets (Operations) (1,047) (1,047) (1,047)
(0) (0) (0)
(0) (0) (0)
(0) (0) (0)
(0) (0) (0)
Total Factory Overhead (1,047) (1,047) (1,047)
Production Cost (1,094,261) (1,234,741) (1,504,734)

BUTTERFUL STICKS
PRO-FORMA INCOME STATEMENT

Year 1 Year 2 Year 3

Sales (2,083,000) (2,395,450) (2,994,313)
Less: Cost of Sales
Opening Stock of Finished Goods (0) (540) (560)
Production Cost (1,094,261) (1,234,741) (1,504,734)
Less: Ending Stock of Finished Goods (540) (560) (500)

0 0 0
(1,093,721) (1,234,721) (1,504,794)
Gross Profit (989,279) (1,160,729) (1,489,519)

Less: Enpenditure
Administrative Expenditure (272,880) (286,524) (315,176)
Marketing Expenditure (280,416) (294,437) (323,880)
Other Expenditure (5,595) (5,875) (6,462)
Business Registration & Licences (1,400)
Insurance & Road Tax for Motor Vehicle (2,000) (2,000) (2,000)
Other Pre-Operations Expenditure (1,500)
Interest on Hire-Purchase (2,250) (2,250) (2,250)
Interest on Loan (1,426) (1,284) (1,141)
Depreciation of Fixed Assets (1,497) (1,497) (1,497)

Total Expenditure (568,964) (593,866) (652,407)

Net Profit Before Tax (420,315) (566,863) (837,112)
Tax 0 0 0
Net Profit After Tax (420,315) (566,863) (837,112)
Accumulated Net Profit (420,315) (987,177) (1,824,289)

© Ismail Ab.Wahab
 BUTTERFUL STICKS
PRO-FORMA BALANCE SHEET

Year 1 Year 2 Year 3

ASSETS

Non-Current Assets (Book Value)

Land & Building (45,000) (45,000) (45,000)
Office Furniture and Fitting (12,033) (10,696) (9,359)
(0) (0) (0)
(0) (0) (0)
(0) (0) (0)
Signboard (640) (480) (320)
(0) (0) (0)
(0) (0) (0)
(0) (0) (0)
Machinery and Equipment (9,425) (8,378) (7,330)
(0) (0) (0)
(0) (0) (0)
(0) (0) (0)
Other Assets
Deposit (6,200) (6,200) (6,200)

(73,298) (70,754) (68,209)

Current Assets
Stock of Raw Materials (650) (580) (620)
Stock of Finished Goods (540) (560) (500)
Accounts Receivable (131,560) (79,848) (99,810)
Cash Balance (145,629) (831,225) (1,785,548)
(278,379) (912,214) (1,886,478)

TOTAL ASSETS (357,876) (989,167) (1,960,888)

Owners' Equity
Capital (129,642) (129,642) (129,642)
Accumulated Profit (420,315) (987,177) (1,824,289)
(549,957) (1,116,819) (1,953,931)
Long-Term Liabilities
Loan Balance (64,187) (57,055) (49,923)
Hire-Purchase Balance (40,000) (35,000) (30,000)
(104,187) (92,055) (79,923)
Current Liabilities
Accounts Payable (42,533) (119,093) (265,834)

TOTAL EQUITY & LIABILITIES (696,676) (1,327,967) (2,299,688)

 BUTTERFUL STICKS
FINANCIAL RATIO ANALYSIS
Year 1 Year 2 Year 3

LIQUIDITY
Current Ratio (7) (8) (7)
Quick Ratio (Acid Test) (7) (8) (7)

EFFICIENCY
Inventory Turnover (919) (1,060) (1,332)

PROFITABILITY
Gross Profit Margin 47.49% 48.46% 49.74%
Net Profit Margin 20.18% 23.66% 27.96%
Return on Assets 117.45% 57.31% 42.69%
Return on Equity 76.43% 50.76% 42.84%

SOLVENCY
Debt to Equity 26.68% 18.91% 17.70%
Debt to Assets 41.00% 21.35% 17.63%
Time Interest Earned (294) (441) (733)
BREAK-EVEN ANALYSIS
FINANCIAL RATIOS
 (7) (8) (7)
(7) (8) (7)

(919) (1,060) (1,332)

47.49% 48.46% 49.74%

20.18% 23.66% 27.96%
117.45% 57.31% 42.69%
76.43% 50.76% 42.84%

27% 19% 18%

41% 21% 18%
294 441 733