HEALTHY CRUNCHIPS

FINANCIAL ASSUMPTIONS

ASSETS
1 The Petty Cash accounted at imprest system amounts to PHP 50000 to pay for immediate and small expenses.
2 The 20% of Net Sales will still be uncollected at the end of each year.
3 The 5% of Accounts Receivable will be equal to the total allowance for bad debts at the end of each year.
4 The 10% of Raw Materials Used will be equal to the unused inventory at the end of each year.
5 The 3/12 of Annual Rent Expense will be equal to the unused Prepaid Rent at the end of each year.
6 The Fixed Assets will be depreciated using Straight-line method.
7 The Fixed Assets will have an average useful life of 5 years.

LIABILITIES
1 The 40% of Raw Materials Used will be equal to the Accounts Payable to Suppliers at the end of each year.
2 The 1/12 of other annual expenses will be equal to the unpaid expenses at the end of each year.
3 The amount that will be loaned from HADUKEN will be PHP160000 at 1.2% payable in 5 years

EQUITY
1 The Profit or Loss will be distributed Equally.
2 In the event of Profit, the 25% will be retained for any possible expenditures.
3 In the event of Loss, Additional Investment will be made.

EXPENSES
1 The inflation rate will be 4.4% yearly.
2 Salaries will increase by 3% yearly.

REVENUE
1 The Selling Prices will increase by 10% yearly.
2 The Sales volume will increase by 6% yearly.
3 The Maximum Volume Capacity will be 300000 units.

TAXATION
1 The Income Tax Rate will be 25% of Net Income Before Tax.
2 The Partnership will be subjected to Value Added Tax at 12%.

PAYROLL
1 The SSS Contribution for Employers and Emloyees will be 9.5% and 4.5% of the basic salary of employees respectively.
2 The PhilHealth Contribution for Employers and Emloyees will be 2% and 2% of the basic salary of employees respectively.
3 The PAGIBIG Contribution for Employers and Emloyees will be fixed premium of P100.00 and P100.00 respectively.
HEALTHY CRUNCHIPS
Total Initial Project Cost

Capital Expenditures
Leasehold Improvement ₱ 35,856.00
Production Equipment ₱ 23,160.00
Property and Equipment ₱ 37,321.98
Intangible Assets ₱ 20,000.00
Total Capital Expenditures ₱ 116,337.98

Add: Pre Operating Expenses (1 months)

Organizational Cost ₱ 30,640.10
Direct Material ₱ 99,071.69
Payroll - Direct Labor ₱ 97,928.88
Manufacturing Overhead ₱ 38,000.00
Payroll - General and Admin ₱ 20,216.06
Utilities Expense ₱ 6,700.00
Rent Expense ₱ 12,000.00
Office Supplies ₱ 416.67
Cleaning Supplies ₱ 1,139.40
Marketing Expenses ₱ 75.83
Other Employee Benefits ₱ 283.33
Total Pre-Operating Expenses ₱ 306,471.97

Total Project Cost ₱ 422,809.95

Total Proceeds From Investments Made ₱ 700,000.00

Proceeds from Loans 160,000.00
Initial Total Investment ₱ 860,000.00
Less: Total Project Cost ₱ 422,809.95
Cash Balance after Total Project Cost ₱ 437,190.05
HEALTHY CRUNCHIPS
Statement of Financial Position
As of the years 2024-2028

Notes 2024 2025 2026 2027 2028

ASSETS

CURRENT ASSETS
Cash 1 ₱ 543,851.84 ₱ 664,064.53 ₱ 871,480.95 ₱ 1,187,212.01 ₱ 1,632,658.00
Accounts Receivable, net 2 ₱ 725,040.00 ₱ 845,390.08 ₱ 985,712.68 ₱ 1,149,330.86 ₱ 1,340,130.34
Inventories 3 ₱ 118,886.03 ₱ 131,549.17 ₱ 145,563.05 ₱ 161,103.56 ₱ 178,254.49
Prepaid Expenses 4 ₱ 36,000.00 ₱ 37,584.00 ₱ 39,237.70 ₱ 40,964.15 ₱ 42,766.58
TOTAL CURRENT ASSETS ₱ 1,423,777.87 ₱ 1,678,587.78 ₱ 2,041,994.38 ₱ 2,538,610.58 ₱ 3,193,809.41

NONCURRENT ASSETS
Leasehold Improvement, net 5 ₱ 28,684.80 ₱ 21,513.60 ₱ 14,342.40 ₱ 7,171.20 ₱ -
Production Equipment, net 6 ₱ 18,528.00 ₱ 13,896.00 ₱ 9,264.00 ₱ 4,632.00 ₱ -
Property and Equipment, net 7 ₱ 29,857.58 ₱ 22,393.19 ₱ 14,928.79 ₱ 7,464.40 ₱ -
Intangible Assets, net 8 ₱ 16,000.00 ₱ 12,000.00 ₱ 8,000.00 ₱ 4,000.00 ₱ -
TOTAL NONCURRENT ASSETS ₱ 93,070.38 ₱ 69,802.79 ₱ 46,535.19 ₱ 23,267.60 ₱ -

TOTAL ASSETS ₱ 1,516,848.25 ₱ 1,748,390.56 ₱ 2,088,529.57 ₱ 2,561,878.18 ₱ 3,193,809.41

LIABILITIES & EQUITY

CURRENT LIABILITIES
Accounts Payable 9 ₱ 475,544.00 ₱ 526,197.00 ₱ 582,252.00 ₱ 644,414.00 ₱ 713,018.00
Utilities Payable 10 ₱ 6,700.00 ₱ 6,994.80 ₱ 7,302.57 ₱ 7,623.89 ₱ 7,959.34
Interest Payable 11 ₱ 1,920.00 ₱ 1,536.00 ₱ 1,152.00 ₱ 768.00 ₱ 384.00
Government Contributions Payable 12 ₱ 19,041.25 ₱ 19,570.48 ₱ 20,115.59 ₱ 20,677.07 ₱ 21,255.38
VAT Payable 13 ₱ 82,635.53 ₱ 98,246.26 ₱ 116,648.74 ₱ 138,320.55 ₱ 163,852.79
Income Taxes Payable 14 ₱ 25,751.87 ₱ 55,647.60 ₱ 88,215.06 ₱ 127,307.77 ₱ 174,143.25
TOTAL CURRENT LIABILITIES ₱ 611,592.64 ₱ 708,192.15 ₱ 815,685.96 ₱ 939,111.27 ₱ 1,080,612.75

NONCURRENT LIABILITIES
Loans Payable 15 ₱ 128,000.00 ₱ 96,000.00 ₱ 64,000.00 ₱ 32,000.00 ₱ -
TOTAL NONCURRENT LIABILITIES ₱ 128,000.00 ₱ 96,000.00 ₱ 64,000.00 ₱ 32,000.00 ₱ -

EQUITY
JACOB, Capital ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42 ₱ 301,885.24
LEONG, Capital ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42 ₱ 301,885.24
NAJERA, Capital ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42 ₱ 301,885.24
PACAÑA, Capital ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42 ₱ 301,885.24
PENALES, Capital ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42 ₱ 301,885.24
QUIJANO, Capital ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42 ₱ 301,885.24
VIÑA, Capital ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42 ₱ 301,885.24
TOTAL EQUITY ₱ 777,255.61 ₱ 944,198.42 ₱ 1,208,843.61 ₱ 1,590,766.91 ₱ 2,113,196.65

TOTAL LIABILITIES AND EQUITY ₱ 1,516,848.25 ₱ 1,748,390.56 ₱ 2,088,529.57 ₱ 2,561,878.18 ₱ 3,193,809.41

HEALTHY CRUNCHIPS
Statement of Comprehensive Income
For the years 2024-2028
Notes
Net Sales
Less: Cost of Goods Sold
Gross Profit
Less: Operating Expenses
Bad Debt Expense
Depreciation Expense
Amortization Expense
Organizational Cost
Utilities Expense
Rent Expense
Office Supplies
Cleaning Supplies
Marketing Expenses
Salaries Expense
13th Month Pay
SSS Premium Expense
Pag-ibig Premium Expense
Philhealth Premium Expense
Other Employee Benefits
Total Operating Expenses
Net Operating Profit (Loss)
Less: Interest Expense
Net Income Before Taxes
Less: Income Tax Expense (25%)
Net Income After Taxes
2024 2025 2026 2027 2028
16 ₱ 3,816,000.00 ₱ 4,449,421.43 ₱ 5,187,961.43 ₱ 6,049,109.79 ₱ 7,053,317.61
17 ₱ 2,824,638.80 ₱ 3,006,372.55 ₱ 3,203,547.70 ₱ 3,417,993.59 ₱ 3,650,621.00
₱ 991,361.20 ₱ 1,443,048.88 ₱ 1,984,413.73 ₱ 2,631,116.20 ₱ 3,402,696.61
2 ₱ 38,160.00 ₱ 6,334.21 ₱ 7,385.40 ₱ 8,611.49 ₱ 10,042.08
7 ₱ 7,464.40 ₱ 7,464.40 ₱ 7,464.40 ₱ 7,464.40 ₱ 7,464.40
5 ₱ 11,171.20 ₱ 11,171.20 ₱ 11,171.20 ₱ 11,171.20 ₱ 11,171.20
18 ₱ 30,640.10 ₱ 24,941.26 ₱ 26,038.68 ₱ 27,184.39 ₱ 28,380.50
19 ₱ 80,400.00 ₱ 83,937.60 ₱ 87,630.86 ₱ 91,486.62 ₱ 95,512.03
20 ₱ 144,000.00 ₱ 150,336.00 ₱ 156,950.78 ₱ 163,856.62 ₱ 171,066.31
22 ₱ 5,000.00 ₱ 5,220.00 ₱ 5,449.67 ₱ 5,689.47 ₱ 5,939.81
23 ₱ 13,672.84 ₱ 10,962.00 ₱ 11,444.34 ₱ 11,947.90 ₱ 12,473.60
24 ₱ 910.00 ₱ 950.04 ₱ 991.84 ₱ 1,035.48 ₱ 1,081.04
₱ 201,440.40 ₱ 207,483.61 ₱ 213,708.12 ₱ 220,119.36 ₱ 226,722.94
Payroll (Admin)
₱ 16,786.70 ₱ 17,290.30 ₱ 17,809.01 ₱ 18,343.28 ₱ 18,893.58
₱ 19,136.84 ₱ 19,710.94 ₱ 20,302.27 ₱ 20,911.34 ₱ 21,538.68
₱ 1,200.00 ₱ 1,200.00 ₱ 1,200.00 ₱ 1,200.00 ₱ 1,200.00
₱ 4,028.81 ₱ 4,149.67 ₱ 4,274.16 ₱ 4,402.39 ₱ 4,534.46
25 ₱ 3,400.00 ₱ - ₱ - ₱ - ₱ -
₱ 577,411.29 ₱ 551,151.23 ₱ 571,820.73 ₱ 593,423.93 ₱ 616,020.63
₱ 413,949.91 ₱ 891,897.65 ₱ 1,412,593.00 ₱ 2,037,692.27 ₱ 2,786,675.98
21 ₱ 1,920.00 ₱ 1,536.00 ₱ 1,152.00 ₱ 768.00 ₱ 384.00
₱ 412,029.91 ₱ 890,361.65 ₱ 1,411,441.00 ₱ 2,036,924.27 ₱ 2,786,291.98
₱ 103,007.48 ₱ 222,590.41 ₱ 352,860.25 ₱ 509,231.07 ₱ 696,573.00
₱ 309,022.44 ₱ 667,771.24 ₱ 1,058,580.75 ₱ 1,527,693.20 ₱ 2,089,718.99
HEALTHY CRUNCHIPS
Statement of Changes in Equity
As of the Years 2024-2028

2024 2025 2026 2027 2028

Beginning Balance
JACOB, Capital ₱ 100,000.00 ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42
LEONG, Capital ₱ 100,000.00 ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42
NAJERA, Capital ₱ 100,000.00 ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42
PACAÑA, Capital ₱ 100,000.00 ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42
PENALES, Capital ₱ 100,000.00 ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42
QUIJANO, Capital ₱ 100,000.00 ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42
VIÑA, Capital ₱ 100,000.00 ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42
TOTAL ₱ 700,000.00 ₱ 777,255.61 ₱ 944,198.42 ₱ 1,208,843.61 ₱ 1,590,766.91

2024 2025 2026 2027 2028

Share in Net Income (Loss)
JACOB, Capital ₱ 44,146.06 ₱ 95,395.89 ₱ 151,225.82 ₱ 218,241.89 ₱ 298,531.28
LEONG, Capital ₱ 44,146.06 ₱ 95,395.89 ₱ 151,225.82 ₱ 218,241.89 ₱ 298,531.28
NAJERA, Capital ₱ 44,146.06 ₱ 95,395.89 ₱ 151,225.82 ₱ 218,241.89 ₱ 298,531.28
PACAÑA, Capital ₱ 44,146.06 ₱ 95,395.89 ₱ 151,225.82 ₱ 218,241.89 ₱ 298,531.28
PENALES, Capital ₱ 44,146.06 ₱ 95,395.89 ₱ 151,225.82 ₱ 218,241.89 ₱ 298,531.28
QUIJANO, Capital ₱ 44,146.06 ₱ 95,395.89 ₱ 151,225.82 ₱ 218,241.89 ₱ 298,531.28
VIÑA, Capital ₱ 44,146.06 ₱ 95,395.89 ₱ 151,225.82 ₱ 218,241.89 ₱ 298,531.28
TOTAL ₱ 309,022.44 ₱ 667,771.24 ₱ 1,058,580.75 ₱ 1,527,693.20 ₱ 2,089,718.99

2024 2025 2026 2027 2028

Additional Investment (Withdrawal)
JACOB, Capital ₱ (33,109.55) ₱ (71,546.92) ₱ (113,419.37) ₱ (163,681.41) ₱ (223,898.46)
LEONG, Capital ₱ (33,109.55) ₱ (71,546.92) ₱ (113,419.37) ₱ (163,681.41) ₱ (223,898.46)
NAJERA, Capital ₱ (33,109.55) ₱ (71,546.92) ₱ (113,419.37) ₱ (163,681.41) ₱ (223,898.46)
PACAÑA, Capital ₱ (33,109.55) ₱ (71,546.92) ₱ (113,419.37) ₱ (163,681.41) ₱ (223,898.46)
PENALES, Capital ₱ (33,109.55) ₱ (71,546.92) ₱ (113,419.37) ₱ (163,681.41) ₱ (223,898.46)
QUIJANO, Capital ₱ (33,109.55) ₱ (71,546.92) ₱ (113,419.37) ₱ (163,681.41) ₱ (223,898.46)
VIÑA, Capital ₱ (33,109.55) ₱ (71,546.92) ₱ (113,419.37) ₱ (163,681.41) ₱ (223,898.46)
TOTAL ₱ (231,766.83) ₱ (500,828.43) ₱ (793,935.56) ₱ (1,145,769.90) ₱ (1,567,289.24)

2024 2025 2026 2027 2028

Ending Balance
JACOB, Capital ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42 ₱ 301,885.24
LEONG, Capital ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42 ₱ 301,885.24
NAJERA, Capital ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42 ₱ 301,885.24
PACAÑA, Capital ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42 ₱ 301,885.24
PENALES, Capital ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42 ₱ 301,885.24
QUIJANO, Capital ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42 ₱ 301,885.24
VIÑA, Capital ₱ 111,036.52 ₱ 134,885.49 ₱ 172,691.94 ₱ 227,252.42 ₱ 301,885.24
TOTAL ₱ 777,255.61 ₱ 944,198.42 ₱ 1,208,843.61 ₱ 1,590,766.91 ₱ 2,113,196.65
HEALTHY CRUNCHIPS
Statement of Cash Flows
For of the Years 2024-2028

2024 2025 2026 2027 2028

OPERATING ACTIVITIES
Net Income Before Interest and Tax ₱ 413,949.91 ₱ 891,897.65 ₱ 1,412,593.00 ₱ 2,037,692.27 ₱ 2,786,675.98
Add Non-Cash Expenses:
Depreciation Expense ₱ 12,096.40 ₱ 12,096.40 ₱ 12,096.40 ₱ 12,096.40 ₱ 12,096.40
Amortization Expense ₱ 11,171.20 ₱ 11,171.20 ₱ 11,171.20 ₱ 11,171.20 ₱ 11,171.20
Bad Debt Expense ₱ 38,160.00 ₱ 44,494.21 ₱ 51,879.61 ₱ 60,491.10 ₱ 70,533.18
Changes in Working Capital:
(Increase) Decrease in Accounts Receivable ₱ (763,200.00) ₱ (164,844.29) ₱ (192,202.21) ₱ (224,109.28) ₱ (261,332.66)
(Increase) Decrease in Inventory ₱ (118,886.03) ₱ (12,663.14) ₱ (14,013.88) ₱ (15,540.51) ₱ (17,150.93)
(Increase) Decrease in Prepaid Expenses ₱ (36,000.00) ₱ (1,584.00) ₱ (1,653.70) ₱ (1,726.46) ₱ (1,802.42)
Increase (Decrease) in Accounts Payable ₱ 475,544.00 ₱ 50,653.00 ₱ 56,055.00 ₱ 62,162.00 ₱ 68,604.00
Increase (Decrease) in Utilities Payable ₱ 6,700.00 ₱ 294.80 ₱ 307.77 ₱ 321.32 ₱ 335.45
Increase (Decrease) in Government Contributions Payable ₱ 19,041.25 ₱ 529.24 ₱ 545.11 ₱ 561.47 ₱ 578.31
Increase (Decrease) in VAT Payable ₱ 82,635.53 ₱ 15,610.73 ₱ 18,402.48 ₱ 21,671.81 ₱ 25,532.24
Increase (Decrease) in Percentage Tax Payable ₱ - ₱ - ₱ - ₱ - ₱ -
Income Taxes Paid ₱ (77,255.61) ₱ (192,694.68) ₱ (320,292.79) ₱ (470,138.36) ₱ (649,737.51)
CASH PROVIDED (USED) FROM OPERATING ACTIVITIES ₱ 63,956.65 ₱ 654,961.12 ₱ 1,034,887.99 ₱ 1,494,652.96 ₱ 2,045,503.23

INVESTING ACTIVITIES
Cash paid for acquisition of Leasehold Improvement ₱ (35,856.00) ₱ - ₱ - ₱ - ₱ -
Cash paid for acquisition of Production Equipment ₱ (23,160.00) ₱ - ₱ - ₱ - ₱ -
Cash paid for acquisition of Property and Equipment ₱ (37,321.98) ₱ - ₱ - ₱ - ₱ -
Cash paid for acquisition of Intangible Assets ₱ (20,000.00) ₱ - ₱ - ₱ - ₱ -
CASH PROVIDED (USED) FROM INVESTING ACTIVITIES ₱ (116,337.98) ₱ - ₱ - ₱ - ₱ -

FINANCING ACTIVITIES
Proceeds from Initial Capital Investment ₱ 700,000.00 ₱ - ₱ - ₱ - ₱ -
Proceeds from (Payments for) Loans ₱ 128,000.00 ₱ (32,000.00) ₱ (32,000.00) ₱ (32,000.00) ₱ (32,000.00)
Interest Paid ₱ - ₱ (1,920.00) ₱ (1,536.00) ₱ (1,152.00) ₱ (768.00)
Withdrawals from Partners ₱ (231,766.83) ₱ (500,828.43) ₱ (793,935.56) ₱ (1,145,769.90) ₱ (1,567,289.24)
CASH PROVIDED (USED) FROM FINANCING ACTIVITIES ₱ 596,233.17 ₱ (534,748.43) ₱ (827,471.56) ₱ (1,178,921.90) ₱ (1,600,057.24)

NET CASH USED OR PROVIDED ₱ 543,851.84 ₱ 120,212.69 ₱ 207,416.43 ₱ 315,731.06 ₱ 445,445.99

BEGINNING CASH BALANCE ₱ - ₱ 543,851.84 ₱ 664,064.53 ₱ 871,480.95 ₱ 1,187,212.01

ENDING CASH BALANCE ₱ 543,851.84 ₱ 664,064.53 ₱ 871,480.95 ₱ 1,187,212.01 ₱ 1,632,658.00

HEALTHY CRUNCHIPS
Notes to Financial Statement
As of the Years 2024-2028

2024 2025 2026 2027 2028

1 CASH
Cash in Bank, Beginning Balance - 493,851.84 614,064.53 821,480.95 1,137,212.01
Net Cash provided (used) ₱ 493,851.84 ₱ 120,212.69 ₱ 207,416.43 ₱ 315,731.06 ₱ 445,445.99
Cash in Bank, Ending Balance 493,851.84 614,064.53 821,480.95 1,137,212.01 1,582,658.00
Petty Cash ₱ 50,000.00 ₱ 50,000.00 ₱ 50,000.00 ₱ 50,000.00 ₱ 50,000.00
Cash ₱ 543,851.84 ₱ 664,064.53 ₱ 871,480.95 ₱ 1,187,212.01 ₱ 1,632,658.00

2 ACCOUNTS RECEIVABLE
Net Sales ₱ 3,816,000.00 ₱ 4,449,421.43 ₱ 5,187,961.43 ₱ 6,049,109.79 ₱ 7,053,317.61
Percentage Uncollected 20% 20% 20% 20% 20%
Accounts Receivable ₱ 763,200.00 ₱ 889,884.29 ₱ 1,037,592.29 ₱ 1,209,821.96 ₱ 1,410,663.52
Percentage Bad Debts 5% 5% 5% 5% 5%
Allowance for Bad Debts ₱ 38,160.00 ₱ 44,494.21 ₱ 51,879.61 ₱ 60,491.10 ₱ 70,533.18

Account Receivable ₱ 763,200.00 ₱ 889,884.29 ₱ 1,037,592.29 ₱ 1,209,821.96 ₱ 1,410,663.52

Less: Allow. For Bad Debts ₱ 38,160.00 ₱ 44,494.21 ₱ 51,879.61 ₱ 60,491.10 ₱ 70,533.18
Accounts Receivable, net ₱ 725,040.00 ₱ 845,390.08 ₱ 985,712.68 ₱ 1,149,330.86 ₱ 1,340,130.34

3 INVENTORIES
Raw Materials Used ₱ 1,188,860.30 ₱ 1,315,491.67 ₱ 1,455,630.50 ₱ 1,611,035.64 ₱ 1,782,544.92
Unused Percentage Equivalent 10% 10% 10% 10% 10%
Inventories ₱ 118,886.03 ₱ 131,549.17 ₱ 145,563.05 ₱ 161,103.56 ₱ 178,254.49

PREPAID EXPENSE
4
Prepaid Rent (3 Months) ₱ 36,000.00 ₱ 37,584.00 ₱ 39,237.70 ₱ 40,964.15 ₱ 42,766.58
Prepaid Expense ₱ 36,000.00 ₱ 37,584.00 ₱ 39,237.70 ₱ 40,964.15 ₱ 42,766.58

LEASEHOLD IMPROVEMENTS
5
wall paint ₱ 1,115.00 ₱ 1,115.00 ₱ 1,115.00 ₱ 1,115.00 ₱ 1,115.00
Door knob ₱ 1,156.00 ₱ 1,156.00 ₱ 1,156.00 ₱ 1,156.00 ₱ 1,156.00
Concrete Blocks ₱ 900.00 ₱ 900.00 ₱ 900.00 ₱ 900.00 ₱ 900.00
Cement ₱ 1,250.00 ₱ 1,250.00 ₱ 1,250.00 ₱ 1,250.00 ₱ 1,250.00
Toilet bowl ₱ 1,439.00 ₱ 1,439.00 ₱ 1,439.00 ₱ 1,439.00 ₱ 1,439.00
Sink Basin and faucet ₱ 2,496.00 ₱ 2,496.00 ₱ 2,496.00 ₱ 2,496.00 ₱ 2,496.00
electric outlet ₱ 500.00 ₱ 500.00 ₱ 500.00 ₱ 500.00 ₱ 500.00
Renovation Cost ₱ 27,000.00 ₱ 27,000.00 ₱ 27,000.00 ₱ 27,000.00 ₱ 27,000.00
Total Amortizable Cost ₱ 35,856.00 ₱ 35,856.00 ₱ 35,856.00 ₱ 35,856.00 ₱ 35,856.00
Useful Life 5 5 5 5 5
Amortization Expense ₱ 7,171.20 ₱ 7,171.20 ₱ 7,171.20 ₱ 7,171.20 ₱ 7,171.20
Beg, Bal. - Accum. Amort. ₱ - ₱ 7,171.20 ₱ 14,342.40 ₱ 21,513.60 ₱ 28,684.80
Accumulated Amortization ₱ 7,171.20 ₱ 14,342.40 ₱ 21,513.60 ₱ 28,684.80 ₱ 35,856.00

Total Cost ₱ 35,856.00 ₱ 35,856.00 ₱ 35,856.00 ₱ 35,856.00 ₱ 35,856.00

Less: Accumulated Amortization ₱ 7,171.20 ₱ 14,342.40 ₱ 21,513.60 ₱ 28,684.80 ₱ 35,856.00
Leasehold Improvements, net ₱ 28,684.80 ₱ 21,513.60 ₱ 14,342.40 ₱ 7,171.20 ₱ -

PRODUCTION EQUIPMENT
6 Deep Fryer ₱ 2,580.00 ₱ 2,580.00 ₱ 2,580.00 ₱ 2,580.00 ₱ 2,580.00
Refrigerator ₱ 19,580.00 ₱ 19,580.00 ₱ 19,580.00 ₱ 19,580.00 ₱ 19,580.00
Gas Tank ₱ 1,000.00 ₱ 1,000.00 ₱ 1,000.00 ₱ 1,000.00 ₱ 1,000.00
Total Depreciable Cost ₱ 23,160.00 ₱ 23,160.00 ₱ 23,160.00 ₱ 23,160.00 ₱ 23,160.00
Useful Life 5 5 5 5 5
Depreciation Expense ₱ 4,632.00 ₱ 4,632.00 ₱ 4,632.00 ₱ 4,632.00 ₱ 4,632.00
Beg, Bal. - Accum. Depn. ₱ - ₱ 4,632.00 ₱ 9,264.00 ₱ 13,896.00 ₱ 18,528.00
Accumulated Depreciation ₱ 4,632.00 ₱ 9,264.00 ₱ 13,896.00 ₱ 18,528.00 ₱ 23,160.00

Total Cost ₱ 23,160.00 ₱ 23,160.00 ₱ 23,160.00 ₱ 23,160.00 ₱ 23,160.00

Less: Accumulated Depreciation ₱ 4,632.00 ₱ 9,264.00 ₱ 13,896.00 ₱ 18,528.00 ₱ 23,160.00
HEALTHY CRUNCHIPS
Notes to Financial Statement
As of the Years 2024-2028

2024 2025 2026 2027 2028

Production Equipment, net ₱ 18,528.00 ₱ 13,896.00 ₱ 9,264.00 ₱ 4,632.00 ₱ -

7 PROPERTY AND EQUIPMENT

Office Equipment ₱ 17,557.00 ₱ 17,557.00 ₱ 17,557.00 ₱ 17,557.00 ₱ 17,557.00
Office Drawer ₱ 1,299.50 ₱ 1,299.50 ₱ 1,299.50 ₱ 1,299.50 ₱ 1,299.50
Office Chairs ₱ 450.00 ₱ 450.00 ₱ 450.00 ₱ 450.00 ₱ 450.00
kitchen Prep table ₱ 5,998.00 ₱ 5,998.00 ₱ 5,998.00 ₱ 5,998.00 ₱ 5,998.00
lighting fixture ₱ 555.00 ₱ 555.00 ₱ 555.00 ₱ 555.00 ₱ 555.00
Kitchen shelves ₱ 1,482.00 ₱ 1,482.00 ₱ 1,482.00 ₱ 1,482.00 ₱ 1,482.00
small racks ₱ 449.00 ₱ 449.00 ₱ 449.00 ₱ 449.00 ₱ 449.00
Tongs ₱ 137.14 ₱ 137.14 ₱ 137.14 ₱ 137.14 ₱ 137.14
cutting board ₱ 187.34 ₱ 187.34 ₱ 187.34 ₱ 187.34 ₱ 187.34
Vegetable peeler ₱ 86.00 ₱ 86.00 ₱ 86.00 ₱ 86.00 ₱ 86.00
mixing bowl ₱ 160.00 ₱ 160.00 ₱ 160.00 ₱ 160.00 ₱ 160.00
mixing spoon ₱ 86.00 ₱ 86.00 ₱ 86.00 ₱ 86.00 ₱ 86.00
Slicer ₱ 80.00 ₱ 80.00 ₱ 80.00 ₱ 80.00 ₱ 80.00
Electric Fan ₱ 600.00 ₱ 600.00 ₱ 600.00 ₱ 600.00 ₱ 600.00
Food Stall ₱ 5,000.00 ₱ 5,000.00 ₱ 5,000.00 ₱ 5,000.00 ₱ 5,000.00
kitchen range hood ₱ 3,195.00 ₱ 3,195.00 ₱ 3,195.00 ₱ 3,195.00 ₱ 3,195.00
Total Depreciable Cost ₱ 37,321.98 ₱ 37,321.98 ₱ 37,321.98 ₱ 37,321.98 ₱ 37,321.98
Useful Life 5 5 5 5 5
Depreciation Expense ₱ 7,464.40 ₱ 7,464.40 ₱ 7,464.40 ₱ 7,464.40 ₱ 7,464.40
Beg, Bal. - Accum. Depn. ₱ - ₱ 7,464.40 ₱ 14,928.79 ₱ 22,393.19 ₱ 29,857.58
Accumulated Depreciation ₱ 7,464.40 ₱ 14,928.79 ₱ 22,393.19 ₱ 29,857.58 ₱ 37,321.98

Total Cost ₱ 37,321.98 ₱ 37,321.98 ₱ 37,321.98 ₱ 37,321.98 ₱ 37,321.98

Less: Accumulated Depreciation ₱ 7,464.40 ₱ 14,928.79 ₱ 22,393.19 ₱ 29,857.58 ₱ 37,321.98
Property and Equipment, net ₱ 29,857.58 ₱ 22,393.19 ₱ 14,928.79 ₱ 7,464.40 ₱ -

8 INTANGIBLE ASSETS
Trademark ₱ 20,000.00 ₱ 20,000.00 ₱ 20,000.00 ₱ 20,000.00 ₱ 20,000.00
Total Cost ₱ 20,000.00 ₱ 20,000.00 ₱ 20,000.00 ₱ 20,000.00 ₱ 20,000.00
Useful Life 5 5 5 5 5
Amortization Expense ₱ 4,000.00 ₱ 4,000.00 ₱ 4,000.00 ₱ 4,000.00 ₱ 4,000.00
Beg, Bal. - Accum. Amort. ₱ - ₱ 4,000.00 ₱ 8,000.00 ₱ 12,000.00 ₱ 16,000.00
Accumulated Amortization ₱ 4,000.00 ₱ 8,000.00 ₱ 12,000.00 ₱ 16,000.00 ₱ 20,000.00

Total Cost ₱ 20,000.00 ₱ 20,000.00 ₱ 20,000.00 ₱ 20,000.00 ₱ 20,000.00

Less: Accumulated Amortization ₱ 4,000.00 ₱ 8,000.00 ₱ 12,000.00 ₱ 16,000.00 ₱ 20,000.00
Intangible Assets, net ₱ 16,000.00 ₱ 12,000.00 ₱ 8,000.00 ₱ 4,000.00 ₱ -

9 ACCOUNTS PAYABLE
Raw Materials Used ₱ 1,188,860.30 ₱ 1,315,491.67 ₱ 1,455,630.50 ₱ 1,611,035.64 ₱ 1,782,544.92
Unpaid Portion 40% 40% 40% 40% 40%
Accounts Payable ₱ 475,544.00 ₱ 526,197.00 ₱ 582,252.00 ₱ 644,414.00 ₱ 713,018.00

10 UTILITIES PAYABLE
Utilities Expense (Monthly) ₱ 6,700.00 ₱ 6,994.80 ₱ 7,302.57 ₱ 7,623.89 ₱ 7,959.34
Unpaid Months 1.00 1.00 1.00 1.00 1.00
Utilities Payable ₱ 6,700.00 ₱ 6,994.80 ₱ 7,302.57 ₱ 7,623.89 ₱ 7,959.34

11 INTEREST PAYABLE
Beginning Balance ₱ - ₱ 1,920.00 ₱ 1,536.00 ₱ 1,152.00 ₱ 768.00
Interest Expense this year ₱ 1,920.00 ₱ 1,536.00 ₱ 1,152.00 ₱ 768.00 ₱ 384.00
Payments made ₱ - ₱ (1,920.00) ₱ (1,536.00) ₱ (1,152.00) ₱ (768.00)
Interest Payable ₱ 1,920.00 ₱ 1,536.00 ₱ 1,152.00 ₱ 768.00 ₱ 384.00

12 GOVERNMENT CONTRIBUTIONS PAYABLE

HEALTHY CRUNCHIPS
Notes to Financial Statement
As of the Years 2024-2028

2024 2025 2026 2027 2028

SSS Contribution ₱ 164,651.62 ₱ 169,591.16 ₱ 174,678.86 ₱ 179,919.24 ₱ 185,316.80

Pag-ibig Contribution ₱ 16,800.00 ₱ 16,800.00 ₱ 16,800.00 ₱ 16,800.00 ₱ 16,800.00
PhilHealth Contribution ₱ 47,043.34 ₱ 48,454.64 ₱ 49,908.24 ₱ 51,405.54 ₱ 52,947.70
Total ₱ 228,494.96 ₱ 234,845.80 ₱ 241,387.10 ₱ 248,124.78 ₱ 255,064.50
Unpaid Month 1/12 1/12 1/12 1/12 1/12
Government Contributions Payable ₱ 19,041.25 ₱ 19,570.48 ₱ 20,115.59 ₱ 20,677.07 ₱ 21,255.38

13 VAT PAYABLE
Output VAT Payable ₱ 457,920.00 ₱ 533,930.57 ₱ 622,555.37 ₱ 725,893.17 ₱ 846,398.11
Less: Input VAT Payable ₱ 127,377.89 ₱ 140,945.54 ₱ 155,960.41 ₱ 172,610.96 ₱ 190,986.96
Net VAT Payable ₱ 330,542.11 ₱ 392,985.03 ₱ 466,594.96 ₱ 553,282.21 ₱ 655,411.15
Unpaid Quarter 1/4 1/4 1/4 1/4 1/4
Income Taxes Payable ₱ 82,635.53 ₱ 98,246.26 ₱ 116,648.74 ₱ 138,320.55 ₱ 163,852.79

14 INCOME TAXES PAYABLE

Income Tax Expense ₱ 103,007.48 ₱ 222,590.41 ₱ 352,860.25 ₱ 509,231.07 ₱ 696,573.00
Unpaid Quarter 1/4 1/4 1/4 1/4 1/4
Income Taxes Payable ₱ 25,751.87 ₱ 55,647.60 ₱ 88,215.06 ₱ 127,307.77 ₱ 174,143.25

15 LOANS PAYABLE
Beginning Balance ₱ - ₱ 160,000.00 ₱ 160,000.00 ₱ 160,000.00 ₱ 160,000.00
Addition this year ₱ 160,000.00 ₱ - ₱ - ₱ - ₱ -
Total Cost ₱ 160,000.00 ₱ 160,000.00 ₱ 160,000.00 ₱ 160,000.00 ₱ 160,000.00

Payment made this year ₱ 32,000.00 ₱ 32,000.00 ₱ 32,000.00 ₱ 32,000.00 ₱ 32,000.00

Beg, Bal. - Accum. Payments ₱ - ₱ 32,000.00 ₱ 64,000.00 ₱ 96,000.00 ₱ 128,000.00
Total Payments Made ₱ 32,000.00 ₱ 64,000.00 ₱ 96,000.00 ₱ 128,000.00 ₱ 160,000.00

LOANS PAYABLE ₱ 128,000.00 ₱ 96,000.00 ₱ 64,000.00 ₱ 32,000.00 ₱ -

16 NET SALES
Vegetable Chips
Number of Units 53,424 56,629 60,026 63,627 67,444
Selling Price ₱ 80.00 ₱ 88.00 ₱ 96.80 ₱ 106.48 ₱ 117.13
Vegetable Chips 4,273,920.00 4,983,352.00 5,810,516.80 6,775,002.96 7,899,715.72

GROSS SALES inclusive of VAT 4,273,920.00 4,983,352.00 5,810,516.80 6,775,002.96 7,899,715.72

Less: Output VAT 457,920.00 533,930.57 622,555.37 725,893.17 846,398.11
GROSS SALES exclusive of VAT 3,816,000.00 4,449,421.43 5,187,961.43 6,049,109.79 7,053,317.61

17 COST OF GOODS SOLD

Vegetable Chips
Number of Units 53,424 56,629 60,026 63,627 67,444
Raw Materials Used per Unit ₱ 22.25 ₱ 23.23 ₱ 24.25 ₱ 25.32 ₱ 26.43
Raw Materials Used 1,188,860.30 1,315,491.67 1,455,630.50 1,611,035.64 1,782,544.92
Direct Labor Cost ₱ 1,175,147.00 ₱ 1,210,185.00 ₱ 1,246,274.00 ₱ 1,283,447.00 ₱ 1,321,734.00
Overhead Cost ₱ 460,632.00 ₱ 480,696.00 ₱ 501,643.00 ₱ 523,511.00 ₱ 546,342.00
Vegetable Chips 2,824,639.30 3,006,372.67 3,203,547.50 3,417,993.64 3,650,620.92
UNIT COST ₱ 52.87 ₱ 53.09 ₱ 53.37 ₱ 53.72 ₱ 54.13

RAW MATERIALS USED inclusive of VAT ₱ 1,188,860.30 ₱ 1,315,491.67 ₱ 1,455,630.50 ₱ 1,611,035.64 ₱ 1,782,544.92
Less: Input VAT ₱ 127,377.89 ₱ 140,945.54 ₱ 155,960.41 ₱ 172,610.96 ₱ 190,986.96
RAW MATERIALS USED exclusive of VAT ₱ 1,061,482.41 ₱ 1,174,546.13 ₱ 1,299,670.09 ₱ 1,438,424.68 ₱ 1,591,557.96
DIRECT LABOR (Payroll) ₱ 1,175,146.50 ₱ 1,210,184.88 ₱ 1,246,274.38 ₱ 1,283,446.65 ₱ 1,321,734.09
TOTAL OVERHEAD COST
Depreciation - Production Equipment ₱ 4,632.00 ₱ 4,632.00 ₱ 4,632.00 ₱ 4,632.00 ₱ 4,632.00
Rent Expense ₱ 396,000.00 ₱ 413,424.00 ₱ 431,614.66 ₱ 450,605.71 ₱ 470,432.36
HEALTHY CRUNCHIPS
Notes to Financial Statement
As of the Years 2024-2028

2024 2025 2026 2027 2028

Utilities Expense ₱ 60,000.00 ₱ 62,640.00 ₱ 65,396.16 ₱ 68,273.59 ₱ 71,277.63

Total Overhead Cost ₱ 460,632.00 ₱ 480,696.00 ₱ 501,642.82 ₱ 523,511.30 ₱ 546,341.99
COST OF GOODS SOLD ₱ 2,824,638.80 ₱ 3,006,372.55 ₱ 3,203,547.70 ₱ 3,417,993.59 ₱ 3,650,621.00

18 ORGANIZATIONAL COST
Business Permit ₱ 16,510.10 ₱ 17,236.54 ₱ 17,994.95 ₱ 18,786.73 ₱ 19,613.35
SEC Registration ₱ 6,750.00 ₱ - ₱ - ₱ - ₱ -
Barangay Clearance ₱ 480.00 ₱ 501.12 ₱ 523.17 ₱ 546.19 ₱ 570.22
Sanitary Permit ₱ 300.00 ₱ 313.20 ₱ 326.98 ₱ 341.37 ₱ 356.39
Working Permit ₱ 300.00 ₱ 313.20 ₱ 326.98 ₱ 341.37 ₱ 356.39
Registration Fee (BIR) ₱ 6,000.00 ₱ 6,264.00 ₱ 6,539.62 ₱ 6,827.36 ₱ 7,127.76
Garbage Fee ₱ 300.00 ₱ 313.20 ₱ 326.98 ₱ 341.37 ₱ 356.39
Organizational Cost ₱ 30,640.10 ₱ 24,941.26 ₱ 26,038.68 ₱ 27,184.39 ₱ 28,380.50

19 UTILITIES EXPENSE
Electricity ₱ 33,000.00 ₱ 34,452.00 ₱ 35,967.89 ₱ 37,550.48 ₱ 39,202.70
Water ₱ 33,000.00 ₱ 34,452.00 ₱ 35,967.89 ₱ 37,550.48 ₱ 39,202.70
Internet ₱ 14,400.00 ₱ 15,033.60 ₱ 15,695.08 ₱ 16,385.66 ₱ 17,106.63
Utilities Expense ₱ 80,400.00 ₱ 83,937.60 ₱ 87,630.86 ₱ 91,486.62 ₱ 95,512.03

20 RENT EXPENSE
Rent Expense ₱ 144,000.00 ₱ 150,336.00 ₱ 156,950.78 ₱ 163,856.62 ₱ 171,066.31
Rent Expense ₱ 144,000.00 ₱ 150,336.00 ₱ 156,950.78 ₱ 163,856.62 ₱ 171,066.31

Insurance Expense ₱ 30,000.00 ₱ 31,320.00 ₱ 32,698.08 ₱ 34,136.80 ₱ 35,638.82

21 INTEREST EXPENSE
Carrying Amount ₱ 160,000.00 ₱ 128,000.00 ₱ 96,000.00 ₱ 64,000.00 ₱ 32,000.00
Interest Rate 1% 1% 1% 1% 1%
Interest Expense ₱ 1,920.00 ₱ 1,536.00 ₱ 1,152.00 ₱ 768.00 ₱ 384.00

22 OFFICE SUPPLIES EXPENSES

Bond Paper ₱ 1,200.00 ₱ 1,252.80 ₱ 1,307.92 ₱ 1,365.47 ₱ 1,425.55
Scotch Tape ₱ 1,200.00 ₱ 1,252.80 ₱ 1,307.92 ₱ 1,365.47 ₱ 1,425.55
Stapeler ₱ 100.00 ₱ 104.40 ₱ 108.99 ₱ 113.79 ₱ 118.80
Stapele Wires ₱ 2,400.00 ₱ 2,505.60 ₱ 2,615.85 ₱ 2,730.95 ₱ 2,851.11
Scissors ₱ 100.00 ₱ 104.40 ₱ 108.99 ₱ 113.79 ₱ 118.80
Office Supplies Expenses ₱ 5,000.00 ₱ 5,220.00 ₱ 5,449.67 ₱ 5,689.47 ₱ 5,939.81

23 CLEANING SUPPLIES EXPENSES

Tissue ₱ 3,300.00 ₱ 3,445.20 ₱ 3,596.79 ₱ 3,755.05 ₱ 3,920.27
Soap ₱ 2,400.00 ₱ 2,505.60 ₱ 2,615.85 ₱ 2,730.95 ₱ 2,851.11
Liquid Detergent ₱ 2,400.00 ₱ 2,505.60 ₱ 2,615.85 ₱ 2,730.95 ₱ 2,851.11
Trash Bags ₱ 2,400.00 ₱ 2,505.60 ₱ 2,615.85 ₱ 2,730.95 ₱ 2,851.11
Kitchenware Expense ₱ 2,752.84 ₱ - ₱ - ₱ - ₱ -
Mop ₱ 150.00 ₱ - ₱ - ₱ - ₱ -
Broom ₱ 70.00 ₱ - ₱ - ₱ - ₱ -
Trash bin ₱ 150.00 ₱ - ₱ - ₱ - ₱ -
Dustpan ₱ 50.00 ₱ - ₱ - ₱ - ₱ -
Cleaning Supplies Expenses ₱ 13,672.84 ₱ 10,962.00 ₱ 11,444.34 ₱ 11,947.90 ₱ 12,473.60

24 MARKETING EXPENSES
Flyers (print on front side only) ₱ 650.00 ₱ 678.60 ₱ 708.46 ₱ 739.63 ₱ 772.17
Tarpaulins ₱ 260.00 ₱ 271.44 ₱ 283.38 ₱ 295.85 ₱ 308.87
Marketing Expenses ₱ 910.00 ₱ 950.04 ₱ 991.84 ₱ 1,035.48 ₱ 1,081.04

25 OTHER EMPLOYEE BENEFITS

Polo shirt (7) ₱ 1,260.00 ₱ - ₱ - ₱ - ₱ -
Black pants (7) ₱ 1,750.00 ₱ - ₱ - ₱ - ₱ -
HEALTHY CRUNCHIPS
Payroll Details - Direct Labor
As of the Years 2024-2028

2024 2025 2026 2027 2028

Cap (2) ₱ 240.00 ₱ - ₱ - ₱ - ₱ -

Apron (3) ₱ 150.00 ₱ - ₱ - ₱ - ₱ -
Other Employee Benefits ₱ 3,400.00 ₱ - ₱ - ₱ - ₱ -
HEALTHY CRUNCHIPS
Financial Ratio
For the Years 2024-2028

FORMULA 2024 2025 2026 2027 2028

Liquidity Ratios
Current Assets ₱ 1,423,777.87 ₱ 1,678,587.78 ₱ 2,041,994.38 ₱ 2,538,610.58 ₱ 3,193,809.41
Current Ratios = 2.33 2.37 2.50 2.70 2.96
Current Liabilities ₱ 611,592.64 ₱ 708,192.15 ₱ 815,685.96 ₱ 939,111.27 ₱ 1,080,612.75

Acid-Test Ratios = Current Assets less Inventory ₱ 1,304,891.84 ₱ 1,547,038.61 ₱ 1,896,431.33 ₱ 2,377,507.02 ₱ 3,015,554.92
2.13 2.18 2.32 2.53 2.79
Current Liabilities ₱ 611,592.64 ₱ 708,192.15 ₱ 815,685.96 ₱ 939,111.27 ₱ 1,080,612.75

Cash and Cash Equivalent ₱ 543,851.84 ₱ 664,064.53 ₱ 871,480.95 ₱ 1,187,212.01 ₱ 1,632,658.00

Cash Ratio = 0.89 0.94 1.07 1.26 1.51
Current Liabilities ₱ 611,592.64 ₱ 708,192.15 ₱ 815,685.96 ₱ 939,111.27 ₱ 1,080,612.75

Operating Cash Flow ₱ 63,956.65 ₱ 654,961.12 ₱ 1,034,887.99 ₱ 1,494,652.96 ₱ 2,045,503.23

Operating Cash Flow Ratio = 0.10 0.92 1.27 1.59 1.89
Current Liabilities ₱ 611,592.64 ₱ 708,192.15 ₱ 815,685.96 ₱ 939,111.27 ₱ 1,080,612.75

Leverage Ratios
Total Liabilities ₱ 739,592.64 ₱ 804,192.15 ₱ 879,685.96 ₱ 971,111.27 ₱ 1,080,612.75
Debt Ratio = 0.49 0.46 0.42 0.38 0.34
Total Assets ₱ 1,516,848.25 ₱ 1,748,390.56 ₱ 2,088,529.57 ₱ 2,561,878.18 ₱ 3,193,809.41

Total Liabilities ₱ 739,592.64 ₱ 804,192.15 ₱ 879,685.96 ₱ 971,111.27 ₱ 1,080,612.75

Debt to Equity Ratio = 0.95 0.85 0.73 0.61 0.51
Total Equity ₱ 777,255.61 ₱ 944,198.42 ₱ 1,208,843.61 ₱ 1,590,766.91 ₱ 2,113,196.65

Efficiency Ratios
Net Sales ₱ 3,816,000.00 ₱ 4,449,421.43 ₱ 5,187,961.43 ₱ 6,049,109.79 ₱ 7,053,317.61
Asset Turnover Ratio = 2.52 2.73 2.70 2.60 2.45
Average Total Assets ₱ 1,516,848.25 ₱ 1,632,619.41 ₱ 1,918,460.07 ₱ 2,325,203.88 ₱ 2,877,843.79

Profitability Ratios

Gross Profit ₱ 991,361.20 ₱ 1,443,048.88 ₱ 1,984,413.73 ₱ 2,631,116.20 ₱ 3,402,696.61

Gross Margin Ratio = 0.26 0.32 0.38 0.43 0.48
Net Sales ₱ 3,816,000.00 ₱ 4,449,421.43 ₱ 5,187,961.43 ₱ 6,049,109.79 ₱ 7,053,317.61

Operating Profit ₱ 413,949.91 ₱ 891,897.65 ₱ 1,412,593.00 ₱ 2,037,692.27 ₱ 2,786,675.98

Operating Margin Ratio = 0.11 0.20 0.27 0.34 0.40
Net Sales ₱ 3,816,000.00 ₱ 4,449,421.43 ₱ 5,187,961.43 ₱ 6,049,109.79 ₱ 7,053,317.61

Net Income After Taxes ₱ 309,022.44 ₱ 667,771.24 ₱ 1,058,580.75 ₱ 1,527,693.20 ₱ 2,089,718.99

Return on Investment Ratio = 0.20 0.41 0.55 0.66 0.73
Average Total Assets ₱ 1,516,848.25 1,632,619.41 1,918,460.07 2,325,203.88 2,877,843.79

Net Income After Taxes ₱ 309,022.44 ₱ 667,771.24 ₱ 1,058,580.75 ₱ 1,527,693.20 ₱ 2,089,718.99

Return on Equity Ratio = 0.40 0.78 0.98 1.09 1.13
Average Total Equity ₱ 777,255.61 ₱ 860,727.01 ₱ 1,076,521.01 ₱ 1,399,805.26 ₱ 1,851,981.78
HEALTHY CRUNCHIPS
HEALTHY CRUNCHIPS
Financial Ratio Analysis
For the Years 2024-2028
Liquidity Ratios
ANALYSIS

HEALTHY CRUNCHIPS has the ability to meet its Current Liabilities by using its Current Assets as payment since the Current Ratio is greater than 1 in Year 2024. In Year 2025, Current Ratio is greater than or
Current Ratios equal to 1. In Year 2026, Current Ratio is greater than or equal to 1. In Year 2027, Current Ratio is greater than or equal to 1. In Year 2028, Current Ratio is greater than or equal to 1.

HEALTHY CRUNCHIPS has the ability to meet its Current Liabilities by using its Current Assets except Inventories as payment since the Acid Test Ratio is greater than 1 in Year 2024. In Year 2025, Acid Test
Acid-Test Ratios Ratio is greater than or equal to 1. In Year 2026, Acid Test Ratio is greater than or equal to 1. In Year 2027, Acid Test Ratio is greater than or equal to 1. In Year 2028, Acid Test Ratio is greater than or equal
to 1.

HEALTHY CRUNCHIPS has no ability to meet its Current Liabilities by using its Cash and Cash Equivalent alone as payment since the Cash Ratio is less than 1 in Year 2024. In Year 2025, Cash Ratio is less than
Cash Ratio 1. In Year 2026, Cash Ratio is greater than or equal to 1. In Year 2027, Cash Ratio is greater than or equal to 1. In Year 2028, Cash Ratio is greater than or equal to 1.

HEALTHY CRUNCHIPS has no ability to meet its Current Liabilities by using its Cash Flows from Operations as payment since the Operating Cash Flow Ratio is less than 1 in Year 2024. In Year 2025, Operating
Operating Cash Flow Ratio Cash Flow Ratio is less than 1. In Year 2026, Operating Cash Flow Ratio is greater than or equal to 1. In Year 2027, Operating Cash Flow Ratio is greater than or equal to 1. In Year 2028, Operating Cash Flow
Ratio is greater than or equal to 1.

Leverage Ratios

The total assets of HEALTHY CRUNCHIPS is 49% financed with Total Liabilities which makes HEALTHY CRUNCHIPS conservative, otherwise aggressive if Debt Ratio is greater than 50% in Year 2024. In Year
Debt Ratio 2025, Debt Ratio is less than or equal to 50%. In Year 2026, Debt Ratio is less than or equal to 50%. In Year 2027, Debt Ratio is less than or equal to 50%. In Year 2028, Debt Ratio is less than or equal to 50%.

The Total Equity of HEALTHY CRUNCHIPS is 0.95 times equal to Total Liabilities which makes HEALTHY CRUNCHIPS conservative, otherwise aggressive if Debt to Equity Ratio is greater than 1 in Year 2024. In
Debt to Equity Ratio Year 2025, Debt to Equity Ratio is less than or equal to 1. In Year 2026, Debt to Equity Ratio is less than or equal to 1. In Year 2027, Debt to Equity Ratio is less than or equal to 1. In Year 2028, Debt to Equity
Ratio is less than or equal to 1.

Efficiency Ratios

The Total Net Sales of HEALTHY CRUNCHIPS is 2.52 times equal to Average Total Assets which makes HEALTHY CRUNCHIPSs assets very efficient, otherwise not efficient if Asset Turnover Ratio is less than
Asset Turnover Ratio or equal to 1 in Year 2024. In Year 2025, Asset Turnover Ratio is greater than 1. In Year 2026, Asset Turnover Ratio is greater than 1. In Year 2027, Asset Turnover Ratio is greater than 100%. In Year 2028,
Asset Turnover Ratio is greater than 1.

Profitability Ratios

The Total Gross Profit of HEALTHY CRUNCHIPS is 0.26 times equal to Net Sales which makes HEALTHY CRUNCHIPSs gross margin very profitable and feasible, otherwise not profitable and feasible if Gross
Gross Margin Ratio Margin Ratio is less than or equal to 0 in Year 2024. In Year 2025, Gross Margin Ratio is greater than 0. In Year 2026, Gross Margin Ratio is greater than 0. In Year 2027, Gross Margin Ratio is greater than 0.
In Year 2028, Gross Margin Ratio is greater than 0.

The Total Operating Profit of HEALTHY CRUNCHIPS is 0.11 times equal to Net Sales which makes HEALTHY CRUNCHIPSs operations very profitable and feasible, otherwise not profitable and feasible if
Operating Margin Ratio Operating Margin Ratio is less than or equal to 0 in Year 2024. In Year 2025, Operating Margin Ratio is greater than 0. In Year 2026, Operating Margin Ratio is greater than 0. In Year 2027, Operating
Margin Ratio is greater than 0. In Year 2028, Operating Margin Ratio is greater than 0.

The Total Net Income After Taxes of HEALTHY CRUNCHIPS is 0.2 times equal to Average Total Assets which makes HEALTHY CRUNCHIPSs total assets very profitable and feasible, otherwise not profitable and
Return on Assets Ratio feasible if Return on Investment Ratio is less than or equal to 0 in Year 2024. In Year 2025, Return on Investment Ratio is greater than 0. In Year 2026, Return on Investment Ratio is greater than 0. In Year
2027, Return on Investment Ratio is greater than 0. In Year 2028, Return on Investment Ratio is greater than 0.

The Total Net Income After Taxes of HEALTHY CRUNCHIPS is 0.4 times equal to Average Total Equity which makes HEALTHY CRUNCHIPSs capital investments very profitable and feasible, otherwise not
Return on Equity Ratio profitable and feasible if Return on Equity Ratio is less than or equal to 0 in Year 2024. In Year 2025, Return on Equity Ratio is greater than 0. In Year 2026, Return on Equity Ratio is greater than 0. In Year
2027, Return on Equity Ratio is greater than 0. In Year 2028, Return on Equity Ratio is greater than 0.
Cost Volume Profit Analysis
As of the Years 2024-2028

2024 2025 2026 2027 2028

Net Sales ₱ 3,816,000.00 ₱ 4,449,421.43 ₱ 5,187,961.43 ₱ 6,049,109.79 ₱ 7,053,317.61

Variable Cost ₱ 1,061,482.41 ₱ 1,174,546.13 ₱ 1,299,670.09 ₱ 1,438,424.68 ₱ 1,591,557.96
Contribution Margin (CM) ₱ 2,754,517.59 ₱ 3,274,875.30 ₱ 3,888,291.34 ₱ 4,610,685.11 ₱ 5,461,759.65
Fixed Cost ₱ 2,342,487.68 ₱ 2,384,513.64 ₱ 2,476,850.34 ₱ 2,573,760.85 ₱ 2,675,467.66
Net Income Before Tax ₱ 412,029.91 ₱ 890,361.65 ₱ 1,411,441.00 ₱ 2,036,924.27 ₱ 2,786,291.98

Sales Mix Ratio:

Vegetable Chips 100% 100% 100% 100% 100%

CM per Unit (Selling Price exclusive of VAT less Variable Unit Cost exclusive of VAT)
Vegetable Chips ₱ 51.56 ₱ 57.83 ₱ 64.77 ₱ 72.46 ₱ 80.97

CM Ratio (CM per Unit over Selling Price exclusive of VAT)

Vegetable Chips 72% 74% 75% 76% 77%

Breakeven Sales in Units = (Fixed Cost x Sales Mix Ratio) / CM per Unit
Vegetable Chips 45,433 41,234 38,239 35,518 33,040

Breakeven Sales in Pesos = (Fixed Cost x Sales Mix Ratio) / CM Ratio

Vegetable Chips ₱ 3,245,190.01 ₱ 3,239,850.59 ₱ 3,304,955.98 ₱ 3,376,791.49 ₱ 3,455,287.87