JARRS COCONUT FLOUR

Introduction

Coconut with the scientific name of Cocos nucifera is a large palm,

growing up to 98 ft. tall, with pinnate leaves of 20 feet long. Coconuts also
are generally classified into two general types: tall and dwarf. Coconut itself
is one of those useful trees. It's used for its water, milk, oil, and tasty meat
(where our product came from), coconut shell (mostly used for charcoals
and handy craft), and its outer soft shell, the coconut husk.
Coconut flour is a unique alternative to wheat flour. It is soft, naturally
grained-and gluten free flour produced from dried coconut meat. It’s
popular among low-carb enthusiasts and those who have gluten intolerance.
. It contains carbohydrate, fat, protein, vitamin C, vitamin B-6, sodium,
potassium, calcium, manganese, iron, phosphorus, and zinc. Plus, it’s
delicious and versatile, making it a smart choice when choosing flour
alternatives.
Coconut flour is off-white to cream in color with a slightly nutty flavour.
Coconut flour can be used in the baking and confectioneries industries to
produce various baked products. It is also a wide range of usages, like
regular flour it can be used to make bread, cakes, pies, cookies and other
baked goods.
 Highlights
Project Background
 
Name of the Project : JARR’S Coconut Flour Production
Type of Business Organization : Incorporation Partnership
Location of the business : San Jose, Aurora,
Zamboanga del Sur
Proponent/Owner : The Incorporators
 
Sarah Mae M. Jumawan
Realyn H. Ceniza
Jessa C. Padigos
Alexis Karen C. Hintacutan
Rodney A. Rizada
 Management and Personnel Feasibility

The proposed project shall employ Fifteen (15)

workers; 1 Manager, 1 Cashier, 1 Bookkeeper, 1 Production
supervisor, 5 Production Workers; (2 Machine Operator, 3
Packaging Personnel), 1 Sales Personnel, 1 Driver, 1
Trackman and 2 Security Guards, 1 Maintenance.
The JARRS Coconut Flour will be the name of the
business. The corporation shall be the type of the business
which composed of five (5) incorporators. Each one uses
their skills and knowledge to be responsible and productive
in their different duties. The required personnel are all
available.
 Marketing Feasibility
Our product has healthy benefits in comparison to the other flour
that we used to. It’s popular among low-carb enthusiasts and those who
have gluten intolerance. In addition to its impressive nutrition profile,
coconut flour may offer several benefits. These includes promoting blood
sugar stability, better digestion, heart health, and even weight loss.
With increasing health-conscious consumers driving up demand for
coconut flour, the manufacturers are focusing on making it available
easily through retail stores and other options. Coconut flour is trending
in heavily influenced by consumers’ interest in health and wellness, and
availability of by-products such as ready-to-eat snack foods that are
gluten-free. This has also increased opportunities for key players in the
bakery products sector worldwide as coconut flour provides high fiber.
As the raw materials for the production of coconut flour is collected
from the leftover of the coconut milk and the process and equipment
used in the production is simple and reasonable, the manufactures get
the value added income and it offers healthy diet and nutritional value to
consumers as well. The product which is coconut flour is not much
common in the municipality. We are striving to pursue that we better
have a healthy lifestyle specially now a days.
 Production Feasibility

Since the municipality of Aurora is a bountiful source of

coconut, the company will buy coconut within the barangay
herein the municipality. production has a high technology
machines so that the processing of production will easily be
done. Production also has a farm-level technology
producing a high value product from the coconut meat.
The finish product will be packed in a sack and in a
packaging cellophanes (for 1 kilo).
Finish Product of JARRS Coconut Flour
 Financing and Financial Feasibility

Each proponent agreed to contribute Php390,000.00 to

have a 1,950,000.00 initial capital borrowed P500,000.00
from Salug Valley Rural Bank, Inc., with an interest of
19% diminishing per annum, payable for 5 years term,
semi-annually. The total project cost from the materials
that the incorporators purchase will cost at Php
2,396,532.00. The total capital is Php2,450,000.00. Land
title will be used as collateral for loan applied.
 Socio - Economic Feasibility

Little do they know that coconut meat can be made into

a product that provided farmers a better income. Flour
making out of coconut can benefits to the farmers of Aurora
and other neighboring towns especially to those farmers
who are planting coconut. They will not bother anymore, to
cook or copra their coconut meat. And this business proves
that the business existed not only for profit purposes, but
also for the unemployed person. And the government will
be benefited through the paid taxes of the company.
 Conclusion to Feasibility

The proposed business of Coconut Flour is indeed a

feasible one. This kind of business is not complex thus it
wouldn’t be that hard to start it up and implement its
sustainability. The challenging factor is the promotion and
marketing side because it is new to the market and it has
expensive price. The product otherwise, the Coconut Flour
can stock in six months. When product last ‘till it succeed
more than six months the company will set it to the
farmers for making it as fertilizers .
 Project Background and History

The proposed business will be coconut flour. Its raw material is a

fresh coconut meat. The incorporators namely; Sarah Mae M.
Jumawan, Realyn H. Ceniza, Jessa C. Padigos Rodney A. Rizada and
Alexis Karen C. Hintacutan. Each one will contributed financials, skills
and knowledge for the business proposed. The propose name of the
project is JARRS Coconut Flour.
JARRS stand for “Jessa Alexis Rodney Realyn Sarah”. The
business that the proponent wants to venture is Incorporation
Partnership. The location of the business is situated at Barangay San
Jose, Aurora, Zamboanga del Sur.
Every management and personnel will do their task very well so
that the transactions and productions will go smoothly. Management
prepared all the required papers for the said business. They must be
very observant on the values that they projected on the financials.
Proper decision-making must be observed so that there will be no
errors to be made.
 Project Proponent

NAME NATIONALIT ADDRESS OWNERSHIP

Y
Sarah Mae M. Filipino Poblacion,Aurora, 390,000.00
Jumawan Zamboanga del Sur
Realyn H. Ceniza Filipino Manlayag,Tukuran 390,000.00
Zamboanga del Sur
Jessa C. Padigos Filipino Kahayagan, 390,000.00
East,Aurora
Zamboanga del Sur

Alexis Karen C. Filipino Commonwealth,Aurora 390,000.00

Hintacutan Zamboanga del Sur
Rodney A. Rizada Filipino Mahayahay,Aurora 390,000.00
Zamboanga del Sur
Total     1,950,000.00
 Location of the Business

The incorporators as one of the proponents who will

bought a one half hectare of portion land situated in
Barangay San Jose, Aurora, Zamboanga del Sur. In
between the Louins Garden Restaurant and Catering
services and beside at the Seasons of Love Catering
services for all occasions.
 Management and Personnel Feasibility

The JARRS Coconut Flour processes the management

and personnel for the sake of company’s better flow of
production activity.
The incorporators acquire employees so that there will
be responsible of the management.
 Personnel feasibility
The company needed to operate the business with the
following personnel;

 Manager
 Cashier
 Bookkeeper
 Production Supervisor
 Production Workers
 Sales Personnel
 Driver
 Trackman
 Security Guards
 Maintenance
 Organizational Chart
Organizational Chart

Manager

Security Guard Security Guard

Production
Accounting Marketing
Supervisor

Bookkeeper Cashier Sales Driver Trackman

Agent

Maintenance

Production Worker Production Worker Production Worker Production Worker Packaging Personnel
(Machine (Machine (Packaging (Packaging (Packaging
Operator) Operator) Personnel) Personnel) Personnel)
 Recruitment and Selection Program

The following will be the recruitment and selection

program;

 Screening
 Interviews
 Background Check 
 Legal Requirements 
 Physical & Mental Examination
 Hiring 
 Training  
 Orientation
 Company Policies

 Strictly monitoring from the managements must be observed.

 Must have a proper decision-making.
 Employees must be responsible for log-in/out.
 Proper handling for the marketing and operational aspects must be
strictly observed.
 Avoid smoking and drinking liquors during working hour.
 Absences of employees must have an approval from the management.
(The company’s personnel proposed monthly rate and
annual salary rate can be seen at our hard copy. You can
checked it out.)
Note that the Philhealth, SSS, and Pag-ibig will be
deducted from their monthly salary. 2% yearly will be
the increase of employees salary.
 Marketing Feasibility

Main product:

Coconut Flour
Other income:
 Virgin Coconut Oil
 Coconut Shell
Coconut Flour
The company market’s feasibility includes the company’s target of all
bakeries here in the municipality of Aurora, Zamboanga del Sur including
the other municipalities near in. Though there are other key players,
coconut flour is confident that they will able to penetrate the desired
market because of the product edge advantage and its nutritional benefits.
It has no limit for age target.
Virgin Coconut Oil
Many manufacturers have begun to use coconut oil in packaged
products, and many people use it for cooking. Many products, such as fried
foods, sweets, shampoos, coffee, smoothies, contain coconut oil. Possible
benefits of coconut oil provides various health benefits. Can stocked for a
long period of time and can easily sell because of its uses.
Coconut Shell
Coconut shell use to produce various handicrafts applies and other
applications. Another use of coconut shell value can be activated carbon/
charcoal. The company sell it through per 1,000 pieces of coconut shell for
only 350 pesos.
 Pricing Strategy

JARRS Coconut Flour

 We will set our Suggested Wholesale Price at Ᵽ4,000.00 per sack, every
single sack contain 50 kilos (when a customer buy per sack they can less 5
pesos per kilo).
 Half sack Ᵽ2,075.00 (when a customer buy per half of a sack they can less
2 pesos per kilo).
 Ᵽ85.00 per kilo for retail price.

Virgin Coconut Oil

 Virgin Coconut Oil will be packed per liter, 1 liter for 150
pesos.
Coconut Shell
 One thousand pieces for 300 pesos.
 Promotion Strategy

The JARRS coconut Flour uses free samples, sales coupons &
promotions to boost sales. Adopt refunds & rebates strategies to guarantee
quality. Exploit fidelity programs & patronage rewards to increase
customer loyalty. The unique combination of advertising, personal selling,
sales promotion, public relations, social media, and e-commerce used to
promote a product. The organization also include marketing communications
such as; Outdoor ads, business directories, magazines and/or newspapers,
radio, infomercials and loyalty incentives. Another strategy of personal
selling are as follows; salesman, showrooms, exhibitions and trade shows.
Mail order catalogues, bulk mailers, e-mail, telemarketing and point of
sales display and signs. Company website, social media (Facebook or
Twitter), blogging, mobile phone promotions and YouTube.
 The Place

Our target markets are all the barangays within the

locality and those municipalities nearby the town namely;
 Ramon Magsaysay,
 Molave,
 Sominot,
 Midsalip,
 Labangan,
 Tukuran,
 Pagadian City,

Province of Zamboanga del Sur and other municipaties

of Kapatagan, Lanao del Norte.
 General Marketing Practices

JARRS Coconut Flour is collected every Monday to

Saturday by the driver and the trackman from the different
target sources to the JARRS Coconut Flour. We accept
orders from our customers with free delivery within the
target market.
 Schedule of Delivery (Coconut Flour & Virgin Coconut Oil)

Monday Tuesday Wednesday Thursday Friday Saturday

Morning Schedule

Labangan Tukuran Sominot Ramon Magsaysay Molave Maranding

Afternoon Schedule

Pagadian
Buying of Raw materials Aurora
City

Upon delivering the coconut flour, the company’s other

income which is virgin coconut oil at the same time will be
delivered too. The coconut shell which is the other income of the
company was just pick-up by the buyers.
 Demand and Supply Analysis
Demand chart          
Projected Demand in
Figures        
Projected Daily Monthly Yearly
Area Population Consumers consumption consumption Consumption
2% (kilos) (kilos) (kilos)
62.08 19,368.96
Aurora 77,600 1,552.00 1,614.08
159.27 49,691.62
Pagadian 199,085 3,981.70 4,140.97
41.62 12,984.19
Molave 52,020 1,040.40 1,082.02
14.83 4,627.58
Sominot 18,540 370.80 385.63
25.66 8,007.17
Maranding 32,080 641.60 667.26
31.86 9,939.07
Tukuran 39,820 796.40 828.26
Ramon 21.33 6,654.34
Magsaysay 26,660 533.20 554.53
33.44 10,433.28
Labangan 41,800 836.00 869.44
390.08 121,706.21
Total 487,605 9,752.10 10,142.18
Projected Year

Estimated total Estimated total Estimated

Unsatisfied
demand in kilos Supply in kilos Demand Gap
Projected Year

2020 69,206.21 57%

121,706.21 52,500.00

2021 66,581.21 55%

121,706.21 55,125.00

2022 57,881.25 63,824.96 52%

121,706.21

2023 60,775.31 60,930.90 50%

121,706.21

2024 63,814.08 57,892.13 48%

121,706.21
 Production process of Coconut Flour

Step 1: Grinding
Grind the coconut meat so that the meat will be grated.
 
Step 2: Spinning
Transfer the grated meat into spinner for partial milk extraction.
 
Step 3: Drying
Dry the partially defatted meat into dryer. When the meat is already dry,
proceed to another step.
 
Step 4: Pressing (used the expeller machine)
Press the dry meat into pressing machine for the oil extraction
Step 5: Pulverizing
Put the coconut pulp into grinding machine so that the coconut pulp will
transform into powder.

Step 6: Weighing and Packaging

Get flour in a big tub and now, it is ready to pack.
 
 Alternative Process

Occurrence of the power interruption, it can’t hinder the

operation because a power of generator is assured for
continuous production process. On employee’s side,
considering an absent employee the operation is assured to
continue their operation hence, another employee can act
as replacement of his co-worker.
 Utilities

  MONTHLY YEARLY

Electric Bill and Water 16,666.00 200,000.00

Bill

Communications 417.00 5,000.00

TOTAL 17,083.00 205,000.00

 WASTE AND WASTE DISPOSAL

To maintain the sanitation of our establishment, there

will be trash cans for the waste disposal materials like,
paper, plastics, boxes, and also the waste from the
coconut. We implement the segregation of waste from
production. We also provide three trash cans for
biodegradable, non-biodegradable and reusable. Aside from
weekly collection of garbage, waste from the production
shall be disposed in a compost pit situated at the back of
the building.
 Financial Feasibility
Each proponent agreed to contribute Ᵽ390,000.00 to
have a 1,950,000.00 initial capital borrowed P500,000.00
from Salug Valley Rural Bank, Inc., with an interest of
19% diminishing per annum, payable for 5 years term,
semi-annually. The total project cost from the materials
that the incorporators purchase will cost at 2,396,532.00
pesos. The total capital is Ᵽ2,450,000.00. Real Estate
Mortgage (Land Title) will be used as collateral for loan
applied.
Land 300,000.00
Vehicle 200,000.00
Building 500,000.00
Machineries
325,000.00
Equipment
Factory Equipment 67,825.00
Furniture and Fixture 21,110.00
Office Supplies 6,447.00
Office Equipment 49,700.00
Other Equipment 73,550.00
Raw Materials 852,900.00
TOTAL 2,396,532.00
 Socio- Economic Feasibility

This proposed project is intended to cater the growing demand of the business

especially its target market and other municipalities. That’s why we decided to come

up this healthy coconut flour that will surely be produced health benefits to health

conscious people. The proposed business will not just after of profits but also

promoting the town of Aurora in terms of healthiness. It will also help to the farmers

for their easiest way in selling their coconut meat. The said project is technically

profitable because it will offer employment and taxes are means of helping the

revenue of the municipality. The proponent could also increase the economic states of

our local government unit through taxes imposed in the business.

 Project Implementation and Timetable

ACTIVITIES DURATION (January 1-March 31,

2020

Preparation for Feasibility Study July 1- August 30, 2019

Application for Bank Loan and September 2 - September 16, 2019

Submission of Feasibility Study

Release of Loan September 16, 2019

Legalizing of Business September 17 - September 23, 2019

Advertising and Promotion September 24, 2019 – October 24, 2019

Construction of Building September 23 - December 31, 2019

Hiring of Employees and Training December 15-December 30, 2019

Start of the Business January 2, 2020

 JARRS Coconut Four
Projected Income Statement
For the Year ended December 2020

  2020 2021 2022 2023 2024

Sales:
4,998,000.00 5,097,960.00 5,199,919.20 5,303,917.58 5,409,995.94

Cost of Sales
852,900.00 869,958.00 887,357.16 905,104.30 923,206.39
Gross Margin
4,145,100.00 4,228,002.00 4,312,562.04 4,398,813.28 4,486,789.55

Less:          
Operating Expense
2,054,365.46 2,069,046.33 2,081,622.23 2,091,573.66 2,098,275.81

Income before Tax

2,090,734.54 2,158,955.67 2,230,939.81 2,307,239.62 2,388,513.73

Less: 32% tax

669,035.05 690,865.81 713,900.74 738,316.68 764,324.39
Net Income
1,421,699.49 1,468,089.85 1,517,039.07 1,568,922.94 1,624,189.34
 JARRS Coconut Four
Projected Cash Flow
For the Year ended December 2020

Pre-
  operation 2020 2021 2022 2023 2024

Cash Balance, Beginning   53,465.00 3,069,415.24 4,611,803.43 6,188,280.31 7,798,760.12

Add: Inflows            

Owner's Equity 1,950,000.00          

Proceeds from Bank
Loan 500,000.00          

Sales   3,664,500.00 3,737,790.00 3,812,545.80 3,888,796.72 3,966,572.65

Other Income:            

Virgin Coconut Oil   1,260,000.00 1,285,200.00 1,310,904.00 1,337,122.08 1,363,864.52

Coconut Shell   73,500.00 74,970.00 76,469.40 77,998.79 79,558.76

Total Cash Inflows 2,450,000.00 5,051,465.00 8,167,375.24 9,811,722.63 11,492,197.90 13,208,756.06

Less: Cash Outflows            

Acquisitions:            

Land          
300,000.00
Building          
500,000.00
Vehicle          
200,000.00
Factory Equipment          
67,825.00
Machineries &          
Equipment 325,000.00
Office Equipment 49,700.00          

Office Fixtures          
21,110.00
Other Equipment          
73,550.00
Purchase of Raw 852,900.00  
Materials 869,958.00 887,357.16 905,104.30 923,206.39
Purchase of Office  
Supplies 6,450.00 6,579.00 6,710.58 6,844.79 6,981.69
Payments of Operating            
Expenses:

Salaries & Wages  

1,290,000.0 1,315,800.00 1,342,116.00 1,368,958.32 1,396,337.4
0 9
13th Month Pay  
107,500.00 109,650.00 111,843.00 114,079.86 116,361.46
Pag-ibig  
25,800.00 25,800.00 25,800.00 25,800.00 25,800.00
Philhealth  
35,475.00 35,475.00 35,475.00 35,475.00 35,475.00
SSS  
46,827.00 46,827.00 46,827.00 46,827.00 46,827.00
Taxes & Licenses  
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
Utilities  
200,000.00 200,000.00 200,000.00 200,000.00 200,000.00
Communication  
5,000.00 5,000.00 5,000.00 5,000.00 5,000.00
Advertising  
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
Repairs & Maintenance  
62,181.60 62,181.60 62,181.60 62,181.60 62,181.60
Fuel & Oil  
30,000.00 30,000.00 30,000.00 30,000.00 30,000.00
 Loan Interest  
91,947.36 78,549.23 62,484.55 43,222.59 20,127.08

Repayment of Loan  
Principal 67,318.80 80,716.93 96,781.61 116,043.57 139,139.08

Income Tax    
669,035.05 690,865.81 713,900.74 738,316.68

Total Cash Outflows

2,396,535.00 1,982,049.76 3,555,571.81 3,623,442.31 3,693,437.78 3,765,753.46

Cash Balance, End

53,465.00 3,069,415.24 4,611,803.43 6,188,280.31 7,798,760.12 9,443,002.60
 JARRS Coconut Four

Balance Sheet

For the Year ended December 2020

Pre-
  operation 2019 2020 2021 2022 2023
ASSETS            
Current Assets:            

Cash 53,465.00 3,069,415.24 4,611,803.43 6,188,280.31 7,798,760.12 9,443,002.60

Inventories            
Raw materials:            
Coconut
840,000.00          
Packaging Supplies
12,900.00          
Office Supplies 6,450.00          
Total Current Assets

912,815.00 3,069,415.24 4,611,803.43 6,188,280.31 7,798,760.12 9,443,002.60

 
 
Non-Current Assets:
           
 
Land
300,000.00 300,000.00 300,000.00 300,000.00 300,000.00 300,000.00
Building
500,000.00 500,000.00 500,000.00 500,000.00 500,000.00
500,000.00
Accumulated Depreciation

  (50,000.00) (100,000.00) (150,000.00) (200,000.00) (250,000.00)

Vehicle 200,000.00 200,000.00 200,000.00 200,000.00 200,000.00 200,000.00

Accumulated Depreciation   (20,000.00) (40,000.00) (60,000.00) (80,000.00) (100,000.00)

Factory Equipment 67,825.00 67,825.00 67,825.00 67,825.00 67,825.00 67,825.00

Accumulated Depreciation   (6,782.50) (13,565.00) (20,347.50) (27,130.00) (33,912.50)

Machineries & Equipment 325,000.00 325,000.00 325,000.00 325,000.00 325,000.00 325,000.00

Accumulated Depreciation   (32,500.00) (65,000.00) (97,500.00) (130,000.00) (162,500.00)

Office Equipment 49,700.00 49,700.00 49,700.00 49,700.00 49,700.00 49,700.00

Accumulated Depreciation   (4,970.00) (9,940.00) (14,910.00) (19,880.00) (24,850.00)

 
Office Fixtures 21,110.00 21,110.00 21,110.00 21,110.00 21,110.00 21,110.00
Accumulated Depreciation   (4,222.00) (8,444.00) (12,666.00) (16,888.00) (21,110.00)

Other Equipment 73,550.00 73,550.00 73,550.00 73,550.00 73,550.00 73,550.00

Accumulated Depreciation   (14,710.00) (29,420.00) (44,130.00) (58,840.00) (73,550.00)

Total Non-current Assets 1,537,185.00 1,404,000.50 1,270,816.00 1,137,631.50 1,004,447.00 871,262.50

Total Assets 2,450,000.00 4,473,415.74 5,882,619.43 7,325,911.81 8,803,207.12 10,314,265.10

LIABILITIES &OWNER'S
EQUITY            
Liabilities:            

Income Tax Payable   669,035.05 690,865.81 713,900.74 738,316.68 764,324.39

Loan Payable 500,000.00 432,681.20 351,964.27 255,182.66 139,139.08 -

Total Liabilities 500,000.00 1,101,716.25 1,042,830.08 969,083.40 877,455.76 764,324.39

 
Owner's Equity 1,950,000.00 3,371,699.49 4,839,789.34 6,356,828.42 7,925,751.36 9,549,940.70

Total Liabilities and 10,314,265.09

Owner's Equity 2,450,000.00 4,473,415.74 5,882,619.43 7,325,911.81 8,803,207.12
 JARRS Coconut Four

Statement of Changes in Partner's Equity

For the year ended December 2020

2020

  S.M. Jumawan R.H. Ceniza J.C. Padigos R.A. Rizada A.C. Hintacutan Total Equity

Capital Balances,
Beginning 390,000.00 390,000.00 390,000.00 390,000.00 390,000.00 1,950,000.00

Add:            

Profit
Distribution:            
Divided Equally

284,339.90 284,339.90 284,339.90 284,339.90 284,339.90 1,421,699.49

Capital Balances,
End 674,339.90 674,339.90 674,339.90 674,339.90 674,339.90 3,371,699.49
 2021

  S.M. R.H. Ceniza J.C. Padigos R.A. Rizada A.C. Total Equity
Jumawan Hintacutan

Capital
Balances, 674,339.90 674,339.90 674,339.90 674,339.90 674,339.90 3,371,699.49

Beginning

Add:            

Profit            
Distribution:

Divided Equally
293,617.97 293,617.97 293,617.97 293,617.97 293,617.97 1,468,089.85

Capital
Balances, End 967,957.87 967,957.87 967,957.87 967,957.87 967,957.87 4,839,789.34
 2022

  S.M. Jumawan R.H. Ceniza J.C. Padigos R.A. Rizada A.C. Hintacutan Total Equity

Capital Balances,
Beginning 967,957.87 967,957.87 967,957.87 967,957.87 967,957.87 4,839,789.34

Add:            

Profit Distribution:            

Divided Equally
303,407.81 303,407.81 303,407.81 303,407.81 303,407.81 1,517,039.07

Capital Balances,
End 1,271,365.68 1,271,365.68 1,271,365.68 1,271,365.68 1,271,365.68 6,356,828.42
 2023

  S.M. Jumawan R.H. Ceniza J.C. Padigos R.A. Rizada A.C. Hintacutan Total Equity

Capital Balances,
Beginning 1,271,365.68 1,271,365.68 1,271,365.68 1,271,365.68 1,271,365.68 6,356,828.42

Add:            

Profit Distribution:            

Divided Equally
313,784.59 313,784.59 313,784.59 313,784.59 313,784.59 1,568,922.94

Capital Balances,
End 1,585,150.27 1,585,150.27 1,585,150.27 1,585,150.27 1,585,150.27 7,925,751.36
 2024
  S.M. Jumawan R.H. Ceniza J.C. Padigos R.A. Rizada A.C. Total Equity
Hintacutan
Capital Balances,
Beginning 1,585,150.27 1,585,150.27 1,585,150.27 1,585,150.27 1,585,150.27 7,925,751.36

Add:            

Profit            
Distribution:

Divided Equally
324,837.87 324,837.87 324,837.87 324,837.87 324,837.87 1,624,189.34

Capital Balances,
End 1,909,988.14 1,909,988.14 1,909,988.14 1,909,988.14 1,909,988.14 9,549,940.70
Schedule: Cost of Sales
  2020 2021 2022 2023 2024

840,000.00
Coconut 840,000.00 882,000.00 926,100.00 972,405.00

12,900.00
Packaging 12,900.00 13,545.00 14,222.25 14,933.36

852,900.00 852,900.00 895,545.00 940,322.25 987,338.36

Total:

Raw Materials

840,000.00 840,000.00 882,000.00 926,100.00 972,405.00

Coconut

12,900.00 12,900.00 13,545.00 14,222.25 14,933.36

Packaging

852,900.00 852,900.00 895,545.00 940,322.25 987,338.36

Total:

 
Note: Raw Materials will increase 2%
yearly.
Schedule: Operating
Expenses
  2020 2021 2022 2023 2024
Office Supplies Expense 6,450.00
6,579.00 6,710.58 6,844.79 6,981.69
Salaries & Wages 1,290,000.00
1,315,800.00 1,342,116.00 1,368,958.32 1,396,337.49
13th Month Pay 107,500.00
109,650.00 111,843.00 114,079.86 116,361.46
Philhealth 35,475.00
35,475.00 35,475.00 35,475.00 35,475.00
Pag-ibig 25,800.00
25,800.00 25,800.00 25,800.00 25,800.00
SSS 46,827.00
46,827.00 46,827.00 46,827.00 46,827.00
Depreciation 133,184.50
133,184.50 133,184.50 133,184.50 133,184.50
Taxes & Licenses 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00
Utilities 200,000.00
200,000.00 200,000.00 200,000.00 200,000.00
Communication 5,000.00
5,000.00 5,000.00 5,000.00 5,000.00
Advertising/Promotion 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00
Repairs & Maintenance 62,181.60
62,181.60 62,181.60 62,181.60 62,181.60
Fuel & Oil 30,000.00
30,000.00 30,000.00 30,000.00 30,000.00
Interest Expense 91,947.36
78,549.23 62,484.55 43,222.59 20,127.08
Total 2,054,365.46
2,069,046.33 2,081,622.23 2,091,573.66 2,098,275.81
Schedule:Taxes and Licences

  2020 2021 2022 2023 2024

Business Permit 3,500.00 3,500.00 3,500.00 3,500.00 3,500.00

Police Clearance 175.00 175.00 175.00 175.00 175.00

Barangay Clearance 75.00 75.00 75.00 75.00 75.00

Sanitary Permit 900.00 900.00 900.00 900.00 900.00

BIR 2,950.00 2,950.00 2,950.00 2,950.00 2,950.00

BFAD 2400 2400 2400 2400 2400

TOTAL 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00

    2020 2021 2022 2023 2024
Fixed Assets Turnover= Sales 5,409,995.94
4,998,000.00 5,097,960.00 5,199,919.20 5,303,917.58
Fixed Assets 871,262.50
1,404,000.50 1,270,816.00 1,137,631.50 1,004,447.00
    3.56 4.01 4.57 5.28 6.21
             
Total Assets Turnover= Sales 5,409,995.94
4,998,000.00 5,097,960.00 5,199,919.20 5,303,917.58
Total Assets 10,314,265.10
4,473,415.74 5,882,619.43 7,325,911.81 8,803,207.12
    1.12 0.87 0.71 0.60 0.52
Equity Turnover= Net Income 1,624,189.34
1,421,699.49 1,468,089.85 1,517,039.07 1,568,922.94
Total Equity 10,314,265.09
4,473,415.74 5,882,619.43 7,325,911.81 8,803,207.12
    0.16
0.32 0.25 0.21 0.18
Net Profit Margin= Net Income 1,624,189.34
1,421,699.49 1,468,089.85 1,517,039.07 1,568,922.94
  4,998,000.00 5,097,960.00 5,199,919.20 5,303,917.58 5,409,995.94
Sales
    0.30
0.28 0.29 0.29 0.30
Operating Profit Margin= Earnings Before 2,388,513.73
Taxes 2,090,734.54 2,158,955.67 2,230,939.81 2,307,239.62
Sales 5,409,995.94
4,998,000.00 5,097,960.00 5,199,919.20 5,303,917.58
    0.44
0.42 0.42 0.43 0.44
Return on Partner's Net Income 1,624,189.34
Investment= 1,421,699.49 1,468,089.85 1,517,039.07 1,568,922.94
Partner's Equity 9,549,940.70
3,371,699.49 4,839,789.34 6,356,828.42 7,925,751.36
    0.17
0.42 0.30 0.24 0.20
Return on Assets= Net Income 1,624,189.34
1,421,699.49 1,468,089.85 1,517,039.07 1,568,922.94
Total Assets 10,314,265.10
4,473,415.74 5,882,619.43 7,325,911.81 8,803,207.12
The Incorporators
 The End

“To God be all the Glory”