Post on 06-Apr-2018
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Employee Salary
Monthly 2012 2013 2014 2015(Php) (Php) (Php) (Php)
Manager 7,000 84,000 87,600 91,200 94,800
Sales
person 3,000 36,000 38,400 40,800 43,200
Driver/
Helper 3,000 36000 38,400 40,800 43,200
Production
Worker (2) 5,000 120000 124,800 129,600 134,400
Total 18,000 276,000 289,200 302,400 315,600
SSS Monthly
Monthly Employer 2012 2013 2014 2015
(Php) (Php) (Php) (Php)
Manager
728.00 504.70 6,056.40 6,480.00 6,480.00 6,903.60
Sales
person
312.00 222.00 2,664.00 2,664.00 3,087.60 3,087.60
Production
Worker (2)
520.00 363.30 8,719.20 8,719.20 9,568.80 9,568.80
Driver/
Helper
312.00 222.00 2,664.00 2,664.00 3,087.60 3,087.60
Total 20,103.60 20,527.20 22,224.00 22,647.60
Table 24
SSS Benefits Contribution
(From year 2012 - 2016)
Year
Table 22
Salary of employees
(From Year 2012 - 2016)
Employer Annual Contribution
Contribution
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PhilHealth Monthly
Monthly Employer 2012 2013 2014 2015
(Php) (Php) (Php) (Php)
Manager
175.00 87.50 1,050.00 1,050.00 1,050.00 1,050.00
Sales
person
100.00 50.00 600.00 600.00 600.00 600.00
Production
Worker (2)
125.00 62.50 1,500.00 1,500.00 1,500.00 1,500.00
Driver/
Helper
100.00 50.00 600.00 600.00 600.00 600.00
Total 3,750.00 3,750.00 3,750.00 3,750.00
Salary
Employee Monthly 2012 2013 2014 2015
(Php) (Php) (Php) (Php)
Manager 7,000 7,000 7,300 7,600 7,900
Sales
person 3,000 3,000 3,200 3,400 3,600
Driver/Helper 3,000 3,000 3,200 3,400 3,600
Production
Worker (2) 5,000 10000 10400 10800 11200
Total 18,000 23,000 24,100 25,200 26,300
Table 25
PhilHealth Benefits Contribution
(From year 2012 - 2016)
Contribution
Employer Annual Contribution
Year
Table 2313th Month Pay Benefits
From year 2012 - 2016
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Acquisition Total Cost
Cost
2016 Office and Store Equipment(Php) Electric Fan Php1,116.07
98,400 Display rack 3,571.43 Php4,687.50
Office and Store Furniture and Fixture
45,600 Table 4,017.86
Chair 223.21
45,600 Filing Cabinet 2,500.00 6,741.07
Production Tools and Equipment
139,200 Tools
328,800 Measuring Spoon 43.75
Knives 107.14
Measuring cups 98.21
Spatula 89.29
Chopping board 496.43
Strainer 567.86
Pothholder 25.00
Stockpot 3,210.71
Scale 830.36
Scissors 160.71
Jar lifter 178.57
2016 Equipment
(Php) Pressure Canner 53,375.89
Gas Stove 3,211.61
6,903.60 Freezer 21,428.57
Exhaust fan 1,071.43
Fire Extinguisher 4,464.29
3,512.40 Generator set 13,392.86
Sealer 3,125.00
Drum 348.21 106,225.89
10,416.00 Production Furniture and Fixture
Table 2,857.14
Chair 892.86
3,512.40 Kitchen Cabinet 2,232.14 5,982.14
24,344.40 Delivery/Service Equipment 58,035.71 58,035.71
Total 181,672.32 Php181,672.32
Particulars
Table 26
Machinery, Equipment, Furniture and Fixtures
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2016
(Php)
1,200.00
600.00
1,500.00
600.00
3,900.00
2016
(Php)
8,200
3,800
3,800
11600
27,400
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Particulars Qty Price Net of vat
plywood 12 380 4560 4071.429
Cement 4 bags 220 880 785.7143
Hollowblocks 30 8 240 214.2857Steel Bar 10 95 950 848.2143
Tiles 40 30 1200 1071.429
Coco Lumber 120 bft 20 2400 2142.857
Nail 2 kgs 50 100 89.28571
Paint 3 gals 400 1200 1071.429
Sliding door 1 8,000 7,000 6250
Labor 2 350 700
Miscelleneous 770 687.5
20000 17232.14 700
2067.857
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17932.14
2067.857
20000
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Year 1 Year 2 Year 3
Sales Php3,615,091.07 Php4,419,106.02 Php5,274,531.31
Less: COGS 3,044,069.80 3,522,929.69 3,987,359.34Gross Profit 571,021.27 896,176.32 1,287,171.97
less: Expenses
Rent Expense 10,800.00 10,800.00 11,880.00
Salaries 114,000.00 114,000.00 114,000.00
13th Month Pay 9,500.00 9,500.00 9,500.00
SSS Contribution 8,356.20 8,356.20 8,356.20
PhilHealth Contribut 1,725.00 1,725.00 1,725.00
Utilities Expense 20,721.60 21,757.68 22,845.56
Supplies Expense 1,785.71 1,875.00 1,968.75
Advertising Expense 12,000.00 12,600.00 13,230.00Permit and Licenses 19,575.46 23,595.53 27,872.66
Depreciation Expens 12,300.71 12,300.71 12,300.71
Fuel 23,571.43 32,160.00 37,920.00
Communication 4,800.00 4,800.00 4,800.00
Repairs and Mainten 12,000.00 12,600.00 13,230.00
Miscellaneous expen 2,142.86 2,250.00 2,362.50
Total Expenses 253,278.97 268,320.12 281,991.38
Net Income Before Tax 317,742.30 627,856.20 1,005,180.58
less: 30% Income Tax 95,322.69 188,356.86 301,554.18
Net Income After Tax Php222,419.61 Php439,499.34 Php703,626.41
Fuel: 480 480 480 480 480
55 67 79 91 103
26400 32160 37920 43680 49440
With Input tax 27,500.00 36,285.00 42,251.25
Input tax 3,300.00 4,354.20 5,070.15
Total Input 3,300.00 220,448.56 251,390.79
Output 433810.9286 530292.7221 632943.7573
430,510.93 309,844.17 381,552.97
Table 27
Projected Statement of Comprehensive Income ofMindoreos B
(From Year 2012-2016)
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Year 4 Year 5
Php6,263,712.86 Php7,407,618.66
4,495,146.10 5,053,339.161,768,566.76 2,354,279.49
11,880.00 12,960.00
114,000.00 114,000.00
9,500.00 9,500.00
8,356.20 8,356.20
1,725.00 1,725.00
23,987.84 25,187.23
2,067.19 2,170.55
13,891.50 14,586.0832,818.56 38,538.09
10,738.21 10,738.21
43,680.00 49,440.00
4,800.00 4,800.00
13,891.50 14,586.08
2,480.63 2,604.66
293,816.63 309,192.10
1,474,750.12 2,045,087.40
442,425.04 613,526.22
Php1,032,325.09 Php1,431,561.18
48,227.81 54,215.20
5,787.34 6,505.82
285,151.45 322,049.24
751645.5429 888914.2387
466,494.10 566,865.00
angus Sardine
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Cash Flow from Year 1 Year 2 Year 3
Operating Activities
Net Income Php222,419.61 Php439,499.34 Php703,626.41Add: Depreciation Expense 35,030.27 35,030.27 30,978.93
Add: Output Vat 433,810.93 96,481.79 102,651.04
Less: Input Tax (3,300.00) (217,148.56) (30,942.23)
Dec/Inc. in Ending Inventory (62,123.87) (8,504.82) (9,304.59)
Dec/Inc. in Income Tax Payable 95,322.69 93,034.17 113,197.32
Cash Flow from Operating 721,159.63 438,392.20 910,206.87
Activities
Cash Flow from Investing
ActivitiesProduction Tools & Equipment (106,225.89) - -
Production Furniture & Fixture (5,982.14) - -
Office & Store Equipment (4,687.50) - -
Office Furniture & Fixtures (6,741.07) - -
Delivery Equipment (58,035.71) - -
Leasehold Improvements (17,932.14) - -
Cash Flow from Investing (199,604.46) 438,392.20 910,206.87
Activities
Cash Flow from FinancingActivities
Capital Contribution 513,853.67 - -
Cash flow from Financing 513,853.67 438,392.20 910,206.87
Activities
Increase in Cash Balance 1,035,408.83 438,392.20 910,206.87
Add: Cash Balance, Beg. - 1,035,408.83 1,473,801.03
Cash Balance, End. ############# Php1,473,801.03 Php2,384,007.89
Table 27
Projected Cash Flow Statement ofMindoreos Bangus
(From Year 2012-2016)
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Year 4 Year 5
Php1,032,325.09 Php1,431,561.1829,416.43 29,416.43
118,701.79 137,268.70
(33,760.66) (36,897.79)
(10,173.11) (11,184.08)
140,870.86 171,101.18
1,277,380.40 1,721,265.61
- -
- -
- -
- -
- -
- -
1,277,380.40 1,721,265.61
- -
1,277,380.40 1,721,265.61
1,277,380.40 1,721,265.61
2,384,007.89 3,661,388.29
Php3,661,388.29 Php5,382,653.91
Sardine
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Assets Year 1 Year 2 Year 3 Year 4 Year 5
Current AssetCash Php1,035,408.83 1,473,801.03 Php2,384,007.89 Php3,661,388.29 Php5,382,653.91
Inventory 62123.87346 70,628.69 79933.2786 90106.38412 101290.4649
Input Vat 3,300.00 220,448.56 251,390.79 285,151.45 322,049.24
Total Current Assets 1,100,832.70 1,764,878.27 2,715,331.96 4,036,646.12 5,805,993.61
Fixed Asset
Building Improvement 17,932.14 - - - -
Office and Store Equipment 4,688 - - - -
Office and Store F & F 6,741 - - - -
Production Tools and Equip 106,226 - - - -
Production F & F 5,982 - - - -
Delivery/Service Equip. 58,036 - - - -
Total Fixed Assets 199,604.46 199,604.46 199,604.46 199,604.46 199,604.46
Less: Accumulated Dep'n 35,030.27 70,060.54 101,039.46 130,455.89 159,872.32Net Fixed Assets 164,574.20 129,543.93 98,565.00 69,148.57 39,732.14
Total Assets 1,265,406.90 1,894,422.20 2,813,896.96 4,105,794.70 5,845,725.75
Liabilities and Capital
Liabilities and Capital
Income Tax Payable 95,322.69 188,356.86 301,554.18 442,425.04 613,526.22
Output Vat 433,810.93 530,292.72 632,943.76 751,645.54 888,914.24
Total Liabilities 529,133.62 718,649.58 934,497.93 1,194,070.58 1,502,440.46
Capital
(From Year 2012-2016)
Table 28
Projected Statement of Financial Position ofMindoreos Bangus Sardine
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Capital, Beg 513,853.67 736,273.28 1,175,772.62 1,879,399.03 2,911,724.12
Add: Net Income 222,419.61 439,499.34 703,626.41 1,032,325.09 1,431,561.18
Capital, End 736,273.28 1,175,772.62 1,879,399.03 2,911,724.12 4,343,285.30
Total Liabilities Php1,265,406.90 Php1,894,422.20 Php2,813,896.96 Php4,105,794.70 Php5,845,725.75
and Capital
217,079.73-
-
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mach 89285.7143
10,714.29
Equity 100000
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Year 1 Year 2 Year 3 Year 4 Year 5
Direct Materials
Bangus Php1,038,180.00 Php1,189,030.50 Php1,354,553.55 Php1,535,323.31 Php1,733,044.50Corn Oil 652,295.63 747,076.04 851,075.31 964,654.20 1,088,883.78
Carrots 77,382.86 88,626.81 100,964.41 114,438.45 129,176.00
Pickels 123,914.71 141,919.87 161,676.31 183,252.57 206,852.10
black pepper 34,606.00 39,634.35 45,151.79 51,177.44 57,768.15
siling labuyo 34,606.00 39,634.35 45,151.79 51,177.44 57,768.15
bay leaf 69,212.00 79,268.70 90,303.57 102,354.89 115,536.30
Direct Labor
2 Production w 120,000.00 124,800.00 129,600.00 134,400.00 139,200.00
Benefits
13th month 10,000.00 10,400.00 10,800.00 11,200.00 11,600.00
SSS 8,719.20 8,719.20 9,568.80 9,568.80 10,416.00
Philhealth 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00
Factory Overheadsalt 43,257.50 49,542.94 56,439.73 63,971.80 72,210.19
water 302.80 346.80 395.08 447.80 505.47
bottle 757,006.25 867,001.41 987,695.30 1,119,506.58 1,263,678.28
Seal 19,774.86 22,648.20 25,801.02 29,244.25 33,010.37
gasul 18,453.10 22,140.79 26,424.07 31,376.66 37,103.93
rent 25,200.00 25,200.00 27,720.00 27,720.00 30,240.00
Manager 42,000.00 43,800.00 45,600.00 47,400.00 49,200.00
13th month pay 3,500.00 3,650.00 3,800.00 3,950.00 4,100.00
SSS 3,028.20 3,240.00 3,240.00 3,451.80 3,451.80
Philhealth 525.00 525.00 525.00 525.00 600.00
Depreciation 22,729.55 22,729.55 18,678.21 18,678.21 18,678.21
Schedule 1
Product Cost
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Total Php3,106,193.67 Php3,531,434.51 Php3,996,663.93 Php4,505,319.21 Php5,064,523.24
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288.38
Direct Materials: Unit Measure Price/Unit Per 288 bottles Amount Per bottle
Bangus Kilo 60 72 4320 15.00
Corn Oil Liter 160 19 3040 9.42
Carrots Kilo 70 4.6 322 1.12
Pickels piece 15 38.5 577.5 1.79black pepper 0.5 288 144 0.50
siling labuyo 0.5 288 144 0.50
bay leaf piece 1 288 288 1.00
Direct labor: 2 workers 2 5000 500 1.73380
13th month 41.66667 0.14448
SSS 0.12598
Philhealth 0.02167
Factory Overhead
salt Kilo 10 18 180 0.625
water 12.6 10% 1.26 0.004375
bottle 12.25 288 3528 10.94
Seal 0.32 288 92.16 0.29
gasul 860 2 86 0.27
rent 150 70% 105 0.36
Manager--salary 0.61
0.05
SSS 0.04Philhealt 0.01
DEPRECIATION 0.33
13369.59
46.42218
with input tax
Input Vat
without input tax
YEAR 1
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Year
Percent Quantity
2012 276,084 25% 69,021 2,736
2013 278,676 27% 75,242 2,808
2014 281,340 29% 81,588 2,916
2015 283,968 31% 88,030 2,988
2016 286,632 33% 94,588 3,096
Household
Total
Demand
Market Share Total Demand
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5,767.67 69,212 75,494
Per month Annually Direct Materials: Price per unit Annually Direct Mat
86,515.00 1,038,180.00 Bangus 15.75 1,189,030.50
54,357.97 652,295.63 Corn Oil 9.90 747,076.04
6,448.57 77,382.86 Carrots 1.17 88,626.81
10,326.23 123,914.71 Pickels 1.88 141,919.872,883.83 34,606.00 black pepper 0.53 39,634.35
2,883.83 34,606.00 siling labuyo 0.53 39,634.35
5,767.67 69,212.00 bay leaf 1.05 79,268.70
10,000.00 120,000.00 Direct labor: 2 workers 1.65 124,800.00 Direct labo
833.33 10,000.00 13thmonth pay 0.14 10,400.00
SSS 0.12 8,719.20
726.60 8,719.20 Philhealth 0.02 1,500.00
125.00 1,500.00
Factory Overhead Factory Ov
3,604.79 43,257.50 salt 0.66 49,542.94
25.23 302.80 water 0.00 346.80
63,083.85 757,006.25 bottle 11.48 867,001.41
1,647.90 19,774.86 Seal 0.30 22,648.20
1,537.76 18,453.10 gasul 0.29 22,140.79
2,100.00 25,200.00 rent 0.33 25,200.00
3,500.00 42,000.00 Manager--salary 0.58 43,800.00
291.67 3,500.00 13th month 0.05 3,650.00
252.35 3,028.20 SSS 0.04 3,240.0043.75 525.00 Philhealth 0.01 525.00
1,894.13 22,729.55 DEPRECIATION 0.30 22,729.55
258,849.47 3,106,193.67 46.78 3,531,434.51
44.88 44.88 46.78
1,571,444.56 Assumption: 1,800,786.31
1,403,075.50 216,094.36
168,369.06
1,534,749.12
3,106,193.67
YEAR 2
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Percent Quantity
7% 191 69,212
9% 252 75,494
11% 320 81,908
13% 388 88,418
15% 464 95,052
Tourist
Market Share
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81,908 88,418
rials: Price per un Annually Direct Materials: Price per unit Annually Direct Mate
Bangus 16.54 1,354,553.55 Bangus 17.36 1,535,323.31
Corn Oil 10.39 851,075.31 Corn Oil 10.91 964,654.20
Carrots 1.23 100,964.41 Carrots 1.29 114,438.45
Pickels 1.97 161,676.31 Pickels 2.07 183,252.57black pepper 0.55 45,151.79 black pepp 0.58 51,177.44
siling labuyo 0.55 45,151.79 siling labuy 0.58 51,177.44
bay leaf 1.10 90,303.57 bay leaf 1.16 102,354.89
r: 2 workers 1.58 129,600.00 Direct labor: 2 worker 1.52 134,400.00 Direct labor
13thmonth p 0.13 10,800.00 13thmonth 0.13 11,200.00
SSS 0.12 9,568.80 SSS 0.11 9,568.80
Philhealth 0.02 1,500.00 Philhealth 0.02 1,500.00
rhead Factory Overhead Factory Ove
salt 0.69 56,439.73 salt 0.72 63,971.80
water 0.004823 395.08 water 0.01 447.80
bottle 12.06 987,695.30 bottle 12.66 1,119,506.58
Seal 0.32 25,801.02 Seal 0.33 29,244.25
gasul 0.32 26,424.07 gasul 0.35 31,376.66
rent 0.34 27,720.00 rent 0.31 27,720.00
Manager--sal 0.56 45,600.00 Manager-- 0.54 47,400.00
13th month 0.05 3,800.00 13th mont 0.04 3,950.00
SSS 0.04 3,240.00 SSS 0.04 3,451.80Philhealth 0.01 525.00 Philhealth 0.01 525.00
DEPRECIATI 0.23 18,678.21 DEPRECIAT 0.21 18,678.21
48.79 3,996,663.93 50.95 4,505,319.21
48.79 48.79 50.95
2,052,672.01 2,328,034.25
246,320.64 279,364.11
YEAR 3 Year 4
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95,052
rials: Price per u Annually
Bangus 18.23 1,733,044.50
Corn Oil 11.46 1,088,883.78
Carrots 1.36 129,176.00
Pickels 2.18 206,852.10black pepp 0.61 57,768.15
siling labuy 0.61 57,768.15
bay leaf 1.22 115,536.30
: 2 workers 1.46 139,200.00
13thmonth 0.12 11,600.00
SSS 0.11 10,416.00
Philhealth 0.02 1,500.00
rhead
salt 0.76 72,210.19
water 0.01 505.47
bottle 13.29 1,263,678.28
Seal 0.35 33,010.37
gasul 0.39 37,103.93
rent 0.32 30,240.00
Manager-- 0.52 49,200.00
13th mont 0.04 4,100.00
SSS 0.04 3,451.80Philhealth 0.01 600.00
DEPRECIAT 0.20 18,678.21
53.28 5,064,523.24
53.28
2,629,528.47
315,543.42
Year 5
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200 grams perbottle 15.00
corn oil 1 liter 15 bottles
1000 66.66667 10.56
1920019.2 3040
carrots 1 carrot 50 pieces 4 pieces per bottle 70 1.12
2 grams 1152 62.5
23.04
46.08
4.608
Pickels 1 pieces 30 pieces 4 pieces perbottle 15
1152 7.5 1.79
38.4
black pepper 0.5 0.5
siling Labuyo' 0.5
salt 62.5 0.625
4500
4.5
bayleaf 1
bottle 2880 12.25
240
3.75
900
sealer 0.32
Direct labor 10000 5760 1.736111
water 12.6
1.26
0.004375
gasul 1720 5760 0.298611
45.7000
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Year 1 Year 2 Year 3 Year 4 Year 5
Production Cost Php3,106,193.67 Php3,531,434.51 Php3,996,663.93 Php4,505,319.21 5,064,523.24PhpAdd: Beginning Inventory 62,123.87 70,628.69 79,933.28 90,106.38
Total Goods Available for Sale 3,106,193.67 3,593,558.38 4,067,292.62 4,585,252.48 5,154,629.63
Less: Ending Inventory 62,123.87 70,628.69 79,933.28 90,106.38 101,290.46
Cost of Goods Sold Php3,044,069.80 Php3,522,929.69 Php3,987,359.34 Php4,495,146.10 Php5,053,339.16
Schedule 2
Cost of Good Sold
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Year 1 Year 2 Year 3 Year 4 Year 5
Volume of Production 69,212 75,494 81,908 88,418 95,052x Rate of ending inventory 0.02 0.02 0.02 0.02 0.02
Ending Inventory in volume 1,384 1,510 1,638 1,768 1,901
x Cost per unit 44.88 46.78 48.79 50.95 53.28
Ending inventory in peso Php62,123.87 Php70,628.69 Php79,933.28 Php90,106.38 Php101,290.46
Php62,123.87 Php132,752.56 Php150,561.97 Php170,039.66 Php191,396.85
31061.93673 66376.28183 75280.9844 85019.83136 95698.42449
Schedule 3
Ending Inventory
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Year 1 Year 2 Year 3 Year 4 Year 5
Volume of Production 69,212 75,494 81,908 88,418 95,052
Add:Beginning Inventory 1,384 1,510 1,638 1,768less: Allowance for breakage 346 377 410 442 475
Ending Inventory 1,384 1,510 1,638 1,768 1,901
Sales in Volume 67,482 74,991 81,370 87,846 94,444
Multiply:Selling price 60.00 66.00 72.60 79.86 87.85
Sales in Peso inclusive of VAT Php4,048,902.00 Php4,949,398.74 Php5,907,475.07 Php7,015,358.40 Php8,296,532.89
Sales in Peso net of Vat Php3,615,091.07 Php4,419,106.02 Php5,274,531.31 Php6,263,712.86 Php7,407,618.66
Output Vat 433,810.93 530,292.72 632,943.76 751,645.54 888,914.24
Sales in Peso inclusive of VAT Php4,048,902.00 Php4,949,398.74 Php5,907,475.07 Php7,015,358.40 Php8,296,532.89
44.88
53.86
60.32
Schedule 4
Projected Sales
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Acqu s t on st mate se u e ear ear ear earost ears) (Php) (Php) (Php) (Php)
Leasehold Improvement Php17,932.14 5 3,58 .43 3,58 .43 3,58 .43 3,58 .43Office and Store Equipment
Electric Fan 1,11 .07 3 372.02 372.02 372.02Display rack 3,571.43 3 1,190.48 1,190.48 1,190.48
Office and Store Furniture and FixtureTable 4,017.86 5 803.57 803.57 803.57 803.57Chair 223.21 5 44. 4 44. 4 44. 4 44. 4Filing Cabinet 2,500.00 5 500.00 500.00 500.00 500.00
Production Tools and EquipmentToolsMeasuring Spoon 43.75 2 21.88 21.88Knives 107.14 2 53.57 53.57Measuring cups 98.21 2 49.11 49.11Spatula 89.29 2 44. 4 44. 4Chopping board 49 .43 2 248.21 248.21Strainer 567.86 2 283.93 283.93Pothholder 25.00 2 12.50 12.50Stockpot 3,210.71 2 1,605.36 1,605.36Scale 830.3 5 1 .07 1 .07 1 .07 1 .07Scissors 1 0.71 2 80.3 80.3Jar lifter 178.57 2 89.29 89.29Equipment
Pressure Canner 53,375.89 5 10,675.18 10,675.18 10,675.18 10,675.18Gas Stove 3,211.61 5 642.32 642.32 642.32 642.32Freezer 21,428.57 10 2,142.8 2,142.8 2,142.8 2,142.8Exhaust fan 1,071.43 5 214.29 214.29 214.29 214.29Fire Extinguisher 4,4 4.29 5 892.8 892.8 892.8 892.8Generator set 13,392.86 5 2,678.57 2,678.57 2,678.57 2,678.57Sealer 3,125.00 2 1,562.50 1,562.50Drum 348.21 5 69.64 69.64 69.64 69.64
Production Furniture and FixtureTable 2,857.14 5 571.43 571.43 571.43 571.43Chair 892.8 5 178.57 178.57 178.57 178.57Kitchen Cabinet 2,232.14 5 446.43 446.43 446.43 446.43
Delivery/Service Equipment 58,035.71 10 5,803.57 5,803.57 5,803.57 5,803.57ota p , . , . , . , . , .
art cu ars
Schedule 5Schedule of Depreciation
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223557
Product Cost 22,729.55 22,729.55 18,678.21 18,678.21
Selling Php12,300.71 Php12,300.71 Php12,300.71 Php10,738.21
35,030.27 35,030.27 30,978.93 29,416.43
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ear(Php)3,58 .43
803.5744. 4
500.00
1 .07
10,675.18 642.322,142.8
214.29 , .892.8
2,678.57
69.64
571.43178.57446.43
5,803.57, . , .
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Php159,872.32 39,732.14
18,678.21
Php10,738.21
29,416.43
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Year 1 Year 2 Year 3 Year 4 Year 5
Registration - BIR Php500.00 Php500.00 Php500.00 Php500.00 Php500.00Mayor's permit
.5% 0f gross sales
18,075.46 22,095.53 26,372.66 31,318.56 37,038.09
Sanitary clearance 500.00 500.00 500.00 500.00 500.00
Fire clearance 500.00 500.00 500.00 500.00 500.00
Total Php19,575.46 Php23,595.53 Php27,872.66 Php32,818.56 Php38,538.09
Schedule 6
Permit and licenses
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Financial Analysis
1.) Current Ratio = Current Asset
Current Liabilities
Year 1 = 1,100,832.70 = 2.08
529,133.62
Year 2 = 1,764,878.27 = 2.46
718,649.58
Year 3 = 2,715,331.96 = 2.91
934,497.93
Year 4 = 4,036,646.12 = 3.38
1,194,070.58
Year 5 = 5,805,993.61 = 3.86
1,502,440.46
2. Inventory Turnover = Cost of Goods Sold
Average Merchandise Inventory
Year 1 = 3044069.8 = 49 times
62,123.87
Year 2 = 3,522,929.69 = 53 times
66,376.28
Year 3 = 3,987,359.34 = 53 times
75,280.98
Year 4 = 4,495,146.10 = 53 times85,019.83
Year 5 = 5,053,339.16 = 53 times
95,698.42
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2.) Inventory Turnover = ##
= 98 times
3.) Average Age of Invent = 360 days/inventory turnover
= 4
4.) Equity ratio = Total Capital/Total Assets
= #
5.) Rate of return = Net Income/Investment
= ##
5.) Payback period = Investment/Cash Flow
= 6 months
6.) Break even = Fixed costs/Contribution Margin p
## total fixed costs
3 contribution margin per unit
# units
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3. Average Age of Inventory = Number of Working Days
Inventory Turnover
Year 1 = 288 = 6 days
49
Year 2 = 288 = 5 days
53
Year 3 = 288 = 5 days
53
Year 4 = 288 = 5 days
53
Year 5 = 288 = 5 days
53
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identy the fixed and variable cost.
Selling Pri xxx 60
Less : VC xxx 57
CM/unit xxx
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4. Equity Ratio = Total Owner's Equity
Total Asset
Year 1 = 736,273.28 = 58.18%
1,265,406.90
Year 2 = 1,175,772.62 = 62.06%
1,894,422.20
Year 3 = 1,879,399.03 = 66.79%
2,813,896.96
Year 4 = 2,911,724.12 = 70.92%
4,105,794.70
Year 5 = 4,343,285.30 = 74.30%
5,845,725.75
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5. Return on Investment = Net Income
Investment
Year 1 = 222,419.61 = 43%
513,853.67
Year 2 = 439,499.34 = 86%
513,853.67
Year 3 = 703,626.41 = 137%
513,853.67
Year 4 = 1,032,325.09 = 201%
513,853.67
Year 5 = 1,431,561.18 = 279%
513,853.67
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6. Payback Period = Investment
Cash Flow
Year 1 = 513,853.67 = 6 months
1,035,408.83
Year 2 = 513,853.67 = 4 months
1,473,801.03
Year 3 = 513,853.67 = 3 months
2,384,007.89
Year 4 = 513,853.67 = 2 months
3,661,388.29
Year 5 = 513,853.67 = 1 month
5,382,653.91
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7. Break - even point = Fixed Costs
Contribution Margin
= 235,720.11 = 26,887 bottles
8.77
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year 1 Year 2 Year 3 Year 4 Year 5
Fixed Cost Dep. 35,030.27
Rent 36000.00
Sal.
Taxes
SSS
13th
Phhealth
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Acquisition of Asset
Building Improvement Php17,932.14
Office and Store Equipment 4,688
Office and Store Furniture and Fixture 6,741
Production Tools and Equipment 106,226Production Furniture and Fixture 5,982
Delivery/Service Equipment 58,036 Php199,604.46
Production Cost:
Inventory related cost
Direct Materials 169,183.10
Direct Labor 11,684.93
Factory Overhead 77,981.44 258,849.47
Cash Credit
Rent Expense 1,800.00
Salaries 19,000.00SSS Contribution 1,392.70
PhilHealth Contribution 287.50
Utilities Expense 3,453.60
Supplies Expense 333.33
Advertising Expense 2,000.00
Permit and Licenses 19,575.46
Fuel 4,400.00
Repairs and Maintenance 2,000.00
Miscellaneous expense 357.14
Communication 800.00 55,399.73Php513,853.67
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288.38
Direct Materials: Unit Measure Price/Unit Per 288 bottles Amount Per bottle
Bangus Kilo 60 72 4320 15.00
Corn Oil Liter 160 19 3040 9.42
Carrots Kilo 70 4.6 322 1.12
Pickels piece 15 38.5 577.5 1.79black pepper 0.5 288 144 0.50
siling labuyo 0.5 288 144 0.50
bay leaf piece 1 288 288 1.00
Direct labor: 2 workers 2 5000 500 1.73380
13th month 41.66667 0.14448
SSS 0.12598
Philhealth 0.02167
Factory Overhead
salt Kilo 10 18 180 0.625
water 12.6 10% 1.26 0.004375
bottle 12.25 288 3528 10.94
Seal 0.32 288 92.16 0.29
gasul 860 2 86 0.27
rent 150 70% 105 0.36
Manager--salary 0.61
0.05
SSS 0.04Philhealt 0.01
DEPRECIATION -
Rent Expense
Salaries
13th Month Pay
SSS Contributio
PhilHealth Contr
Utilities Expense
Supplies Expens
Advertising Exp
Permit and Licen
Depreciation Ex
Fuel
Communication
Repairs and Mai
YEAR 1
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Miscellaneous e
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5,767.67 69,212
Fixed and variable Variable Fixed
Per month Annually
86,515.00 1,038,180.00 variable 1,038,180.00
54,357.97 652,295.63 variable 652,295.63
6,448.57 77,382.86 variable 77,382.86
10,326.23 123,914.71 variable 123,914.712,883.83 34,606.00 variable 34,606.00
2,883.83 34,606.00 variable 34,606.00
5,767.67 69,212.00 variable 69,212.00
10,000.00 120,000.00 variable 120,000.00
833.33 10,000.00 variable 10,000.00
variable -
726.60 8,719.20 variable 8,719.20
125.00 1,500.00 variable 1,500.00
3,604.79 43,257.50 variable 43,257.50
25.23 302.80 variable 302.80
63,083.85 757,006.25 variable 757,006.25
1,647.90 19,774.86 variable 19,774.86
1,537.76 18,453.10 variable 18,453.10
2,100.00 25,200.00 fixed 25,200.00
3,500.00 42,000.00 fixed 42,000.00
291.67 3,500.00 fixed 3,500.00
252.35 3,028.20 fixed 3,028.2043.75 525.00 fixed 525.00
- - fixed -
10,800.00 fixed 10,800.00
114,000.00 fixed 114,000.00
9,500.00 fixed 9,500.00
8,356.20 fixed 8,356.20
ibution 1,725.00 fixed 1,725.00
20,721.60 variable 20,721.60
1,785.71 variable 1,785.71
nse 12,000.00 variable 12,000.00
ses 19,575.46 variable 19,575.46
ense 12,285.71 fixed 12,285.71
23,571.43 variable 23,571.43
4,800.00 fixed 4,800.00
tenance 12,000.00 variable 12,000.00
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pense 2,142.86 variable 2,142.86
3,336,728.09 3,101,007.97 235,720.11
SP 53.57
Less:VC 44.80
CM/unit 8.77
BEP 26,887.37
Sales 1,440,395.08
Variable Cost 1,204,674.97
235,720.11
FC 235,720.11
-