Jan

Units Sold, carton ('000)

KID - FC
KID - Straw
KID - Choco
School - FC
School - Straw
School - Choco

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

10
11
12
13
14
15

11
12
13
14
15
16

10
11
12
13
14
15

10
11
12
13
14
15

10
11
12
13
14
15

12
13
14
15
16
17

12
13
14
15
16
17

12
13
14
15
16
17

13
14
15
16
17
18

12
13
14
15
16
17

10
11
12
13
14
15

10
11
12
13
14
15

30.00
30.00
30.00
39.00
39.00
39.00

30.00
30.00
30.00
39.00
39.00
39.00

30.00
30.00
30.00
39.00
39.00
39.00

30.00
30.00
30.00
39.00
39.00
39.00

33.00
33.00
33.00
42.90
42.90
42.90

33.00
33.00
33.00
42.90
42.90
42.90

33.00
33.00
33.00
42.90
42.90
42.90

33.00
33.00
33.00
42.90
42.90
42.90

33.00
33.00
33.00
42.90
42.90
42.90

33.00
33.00
33.00
42.90
42.90
42.90

33.00
33.00
33.00
42.90
42.90
42.90

33.00
33.00
33.00
42.90
42.90
42.90

300.00
330.00
360.00
507.00
546.00
585.00
2,628.00

330.00
360.00
390.00
546.00
585.00
624.00
2,835.00

300.00
330.00
360.00
507.00
546.00
585.00
2,628.00

300.00
330.00
360.00
507.00
546.00
585.00
2,628.00

330.00
363.00
396.00
557.70
600.60
643.50
2,890.80

396.00
429.00
462.00
643.50
686.40
729.30
3,346.20

396.00
429.00
462.00
643.50
686.40
729.30
3,346.20

396.00
429.00
462.00
643.50
686.40
729.30
3,346.20

429.00
462.00
495.00
686.40
729.30
772.20
3,573.90

396.00
429.00
462.00
643.50
686.40
729.30
3,346.20

330.00
363.00
396.00
557.70
600.60
643.50
2,890.80

330.00
363.00
396.00
557.70
600.60
643.50
2,890.80

525.60

567.00

525.60

525.60

578.16

669.24

669.24

669.24

714.78

669.24

578.16

578.16

1,576.80
1,576.80

1,701.00
525.60
2,226.60

1,576.80
567.00
2,143.80

1,576.80
525.60
2,102.40

1,734.48
525.60
2,260.08

2,007.72
578.16
2,585.88

2,007.72
669.24
2,676.96

2,007.72
669.24
2,676.96

2,144.34
669.24
2,813.58

2,007.72
714.78
2,722.50

1,734.48
669.24
2,403.72

1,734.48
578.16
2,312.64

578.16
578.16

Total collection

2,102.40

2,793.60

2,669.40

2,628.00

2,838.24

3,255.12

3,346.20

3,346.20

3,528.36

3,391.74

2,981.88

2,890.80

578.16

Trade Receivables (RM'000)

Balance b/d
Credit sales (80%)
Collection
Balance c/d

1,900.00
2,102.40
(1,576.80)
2,425.60

2,425.60
2,268.00
(2,226.60)
2,467.00

2,467.00
2,102.40
(2,143.80)
2,425.60

2,425.60
2,102.40
(2,102.40)
2,425.60

2,425.60
2,312.64
(2,260.08)
2,478.16

2,478.16
2,676.96
(2,585.88)
2,569.24

2,569.24
2,676.96
(2,676.96)
2,569.24

2,569.24
2,676.96
(2,676.96)
2,569.24

2,569.24
2,859.12
(2,813.58)
2,614.78

2,614.78
2,676.96
(2,722.50)
2,569.24

2,569.24
2,312.64
(2,403.72)
2,478.16

2,478.16
2,312.64
(2,312.64)
2,478.16

2,478.16
(578.16)
1,900.00

Selling Price Per Unit (RM)

KID - FC
KID - Straw
KID - Choco
School - FC
School - Straw
School - Choco
Total Sales (RM'000)
KID - FC
KID - Straw
KID - Choco
School - FC
School - Straw
School - Choco

Collection from Sales (RM'000)

Cash ( 20%)
Credit (80%)
30 days (3/4)
60 days (1/4)

Jan
Units Purchased - RIC ('000)
Sold units
Cls inv units
Units needed
Opn inv units
Purchased units
Units Purchased - BLN ('000)
Sold units
Cls inv units
Units needed
Opn inv units
Purchased units
Units Purchased - KET ('000)
Sold units
Cls inv units
Units needed
Opn inv units
Purchased units
Cost Per Unit (RM)
RIC
BLN
KET
Total Purchases (RM'000)
RIC
BLN
KET

Payments for Purchases (RM'000)

Cash (15%)
Credit (85% - 60D)

Trade Payables (RM'000)

Balance b/d
Credit purchases (85%)
Payments
Balance c/d

Feb

Mar

Apr

May

Closing Inventory (RM'000)

RIC
BLN
KET

Opening Inventory
RIC
BLN
KET

Jun

Jul

Aug

Sep

Oct

Nov

Dec

1.00

1.00

1.00

1.00

Expenses (RM)

Jan
Salaries
EPF (employer)
SOCSO
Allowance
Bonus
Utilities
Office & misc
Operating exp.
Distribution
Repair & maintenance
Entertainment
Dep-Delivery Van
Dep-Furniture & Fttgs
Dep-Computers
Increase in AFDD
OD Interest

1st Quarter
Feb

Mar

Apr

2nd Quarter
May

nd Quarter
Jun

Jul

3rd Quarter
Aug

Sep

Oct

4th Quarter
Nov

Dec

0.00

Marks

0.00

Jan
Allowance (RM)
Rate (RM)
No. of Staff

Delivery Van - 20% RB (RM)

Cost
Accum Depr:
Balance b/d
Dep charged
Balance c/d
NBV

Furniture & Fittings - 20% SL (RM)

Cost
Accum Depr:
Balance b/d
Dep charged
Balance c/d
NBV

Computers - 3 years SL (RM)

Cost
Accum Depr:
Balance b/d
Dep charged
Balance c/d
NBV

Allowance for Doubtful Debts - 5% (RM)

Balance b/d
Increase/(Decrease)
Balance c/d

Feb

Mar

Apr

May

OD Interest - 10% pa (RM)

Opn OD balances
Interest charged

Commission Income (RM)

Monthly sales > 17m
Income earned
Excess of 17m (3%)
Excess of 20m (5%)

Commission Receivable (RM)

Balance b/d
Income Earned
Receipts
Balance c/d

Accrued Bonus (RM)

Balance b/d
Bonus incurred
Payments
Balance c/d

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Marks

Kitchen Tools Sdn Bhd

Forecasted Statement of Cash Flow
From Jan 2013 to Dec 2013
Jan
RM
Receipts
Cash sales
Collections from trade rcvb
Commission receipts

Payments
Cash purchases
Payments to trade payables
Salaries
EPF (employer)
SOCSO
Allowance
Bonus
Utilities
Office & misc
Operating exp.
Distribution
Repair & maintenance
Entertainment
OD Interest

Surplus/(Deficit)
Balance b/d
Balance c/d

Feb
RM

Mar
RM

Apr
RM

May
RM

Jun
RM

Jul
RM

Aug
RM

Sep
RM

Oct
RM

Marks
1.00
1.00
1.00
Nov
RM

Dec
RM

Kitchen Tools Sdn Bhd

Forecasted Statement of Profit or Loss
From Jan 2013 to Dec 2013
Jan
RM
Sales
Cost of Goods Sold
Opening Inventory
Purchases
Closing Inventory

Gross profit
Other Income
Decrease in AFDD
Commission Income

Expenses
Salaries
EPF (employer)
SOCSO
Allowance
Bonus
Utilities
Office & misc
Operating exp.
Distribution
Repair & maintenance
Entertainment
Dep-Delivery Van
Dep-Furniture & Fttgs
Dep-Computers
Increase in AFDD
OD Interest

Profit/(Loss)
Opn Retained Earnings
Cls Retained Earnings

Feb
RM

Mar
RM

Apr
RM

May
RM

Jun
RM

Jul
RM

Aug
RM

Sep
RM

Oct
RM

Nov
RM

Dec
RM

Marks
1.00
1.00
1.00

Kitchen Tools Sdn Bhd

Forecasted Statement of Financial Position
From Jan 2013 to Dec 2013
Jan
RM
Non-current Assets
Freehold land
Delivery Van
Less: Accum Depr

Furniture & Fittings

Less: Accum Depr

Computers
Less: Accum Depr

Total Non-current Assets

Current Assets
Inventory
Trade Receivables
Allw for DD
Commission Receivable
Bank

Total Assets
Equity
Share capital
Retained earnings
General reserve

Non-current Liability
Term Loan
Current Liability

Feb
RM

Mar
RM

Apr
RM

May
RM

Trade Payables
Bank OD
Accruals

Total liabilities
Total Equity and Liabilities

Jun
RM

Jul
RM

Aug
RM

Sep
RM

Oct
RM

Nov
RM

Dec
RM

Marks
1.00
1.00
1.00

Loan amount (RM)

Quarterly

Years

Quarterly
Repayment
RM

Principal
Paid
RM

No of installment
Interest rate (%)
Quarterly repayment (RM)

Principal (bal
b/d)
Period
RM
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32

Interest
charged
RM

Principal Bal
c/d
RM