My Company, Inc.

Name
2007 Start Yr

1 Start Mo

INSTRUCTIONS:

INCOME STATEMENT

www.mo-sbdc.org/stlouis/fin_projInstructions.pdf
1
1.30%
29835
5967
23868

40,000

40,000

40,000

60,000

75,000

90,000

75,000

75,000

75,000

60,000

4000
16666
77710
(53842)
175
0
0
(54017)

4000
16666
77710
(46498)
173
0
0
(46671)

4000
16666
77710
(37318)
170
0
0
(37488)

4000
16666
78110
(17522)
168
0
0
(17690)

6000
16666
100110
101850
165
0
0
101685

7500
16666
119210
119470
163
0
0
119307

9000
16666
138310
192170
160
0
0
192010

7500
16666
121810
153590
158
0
0
153432

7500
16666
121810
116870
155
0
0
116715

7500
16666
121810
80150
152
0
0
79998

6000
16666
100310
9850
150
0
0
9700

6000
16666
97810
(15190)
147
0
0
(15337)

2007 %Ch
100.00%
2295000
25
459000
1836000
110000
10
60000
15
2400
0
6000
10
2400
10
0
0
6000
10
1200
0
6700
15
1200
5
15000
10
1200
5
10200
5
7128
5
0
0
730000
10
73000
199992
50
1232420
603580
1935
0
0
601645 26.2

12/2006
30000
0
0
0
0
0
0
0
0
0
30000

1
(15470)
9809
5885
0
0
0
0
0
0
(1000)
(776)

2
(65787)
12827
7696
0
0
0
0
0
0
(2000)
(47264)

3
(107981)
16599
9960
0
0
0
0
0
0
(3000)
(84422)

4
(136716)
24899
14940
0
0
0
0
0
0
(4000)
(100878)

5
(104948)
82997
49798
0
0
0
0
0
0
(5000)
22847

6
1938
98088
58853
0
0
0
0
0
0
(6000)
152878

7
149834
135814
81488
0
0
0
0
0
0
(7000)
360136

8
327383
113178
67907
0
0
0
0
0
0
(8000)
500468

9
465786
98088
58853
0
0
0
0
0
0
(9000)
613726

10
567468
82997
49798
0
0
0
0
0
0
(10000)
690264

11
622404
45271
27163
0
0
0
0
0
0
(11000)
683838

12/2007
623465
33953
20372
0
0
0
0
0
0
(12000)
665790

Ave 2007
193948
62877
37726
0
0
0
0
0
0
(6500)
288051

1962
0
5223
21699
0
24358
53241

2565
0
5254
21699
0
23906
53423

3320
0
5284
21699
0
23451
53754

4980
0
5315
21699
0
22994
54988

16599
0
5346
32548
0
22534
77028

19618
0
5377
40685
0
22071
87751

27163
0
5409
48822
0
21606
103000

22636
0
5440
40685
0
21138
89899

19618
0
5472
40685
0
20667
86442

16599
0
5504
40685
0
20194
82982

9054
0
5536
32548
0
19718
66856

6791
0
5568
32548
0
19239
64146

12575
0
5394
33000
0
21823
72792

15719
0
5971
36300
0
13268
71258

21221
0
6403
39930
0
6865
74419

Paid-in Capital
Retained Earnings
EQUITY

0
0
5193
0
0
30000
30000
24807
0
0
0

0
(54017)
(54017)

0
(100688)
(100688)

0
(138176)
(138176)

0
(155865)
(155865)

0
(54180)
(54180)

0
65127
65127

0
257137
257137

0
410569
410569

0
527284
527284

0
607282
607282

0
616982
616982

0
601645
601645

0
215258
215258

0
1457437
1457437

0
2841183
2841183

TOT LIAB & EQUITY

30000

(776)

(47264)

(84422)

(100878)

22847

152878

360136

500468

613726

690264

683838

665790

288051

1528695

2915601

1
30000

2
(15470)

3
(65787)

4
(107981)

5
(136716)

6
(104948)

7
1938

8
149834

9
327383

10
465786

11
567468

12
622404

2007
30000

2008
623465

2009
1429941

(54017)

(46671)

(37488)

(17690)

101685

119307

192010

153432

116715

79998

9700

(15337)

601645

855793

1383746

0
(9809)
(5885)
1962
21699
(46051)

0
(3018)
(1811)
604
0
(50896)

0
(3773)
(2264)
755
0
(42770)

0
(8300)
(4980)
1660
0
(29309)

0
(58098)
(34859)
11620
10849
31197

0
(15090)
(9054)
3018
8137
106318

0
(37726)
(22636)
7545
8137
147330

0
22636
13581
(4527)
(8137)
176985

0
15090
9054
(3018)
0
137842

0
15090
9054
(3018)
0
101124

0
37726
22636
(7545)
(8137)
54380

0
11318
6791
(2264)
0
508

0
(33953)
(20372)
6791
32548
586658

0
(44642)
(26785)
8928
3752
797045

0
(27509)
(16505)
5502
3630
1348864

INVESTING:
Dec(Inc) Equipm & Fixt
Dec(Inc) LH Impr
Dec(Inc) Buildings
Dec(Inc) Intangibles
Dec(Inc) Other Non-Cur
C/F FROM INVEST

0
0
0
0
1000
1000

0
0
0
0
1000
1000

0
0
0
0
1000
1000

0
0
0
0
1000
1000

0
0
0
0
1000
1000

0
0
0
0
1000
1000

0
0
0
0
1000
1000

0
0
0
0
1000
1000

0
0
0
0
1000
1000

0
0
0
0
1000
1000

0
0
0
0
1000
1000

0
0
0
0
1000
1000

0
0
0
0
12000
12000

0
0
0
0
15000
15000

0
0
0
0
20000
20000

FINANCING:
Inc(Dec) ST Debt
Inc(Dec) LT Debt
Paid-in Capital Addit
C/F FROM FIN

0
(419)
0
(419)

0
(421)
0
(421)

0
(424)
0
(424)

0
(426)
0
(426)

0
(429)
0
(429)

0
(431)
0
(431)

0
(434)
0
(434)

0
(436)
0
(436)

0
(439)
0
(439)

0
(442)
0
(442)

0
(444)
0
(444)

0
(447)
0
(447)

0
(5193)
0
(5193)

0
(5568)
0
(5568)

0
(5971)
0
(5971)

TOTAL C/F

(45470)

(50317)

(42194)

(28736)

31768

ENDING CASH

(15470)

(65787)

(107981)

(136716)

(104948)

% Mo
SALES
DIR COST OF SALES
GROSS MARGIN
Advertising/Promo
Auto & Travel
Contract Services
Employee Benefits
Insurance
Leased Equipment
Legal / Accounting
Licenses & Permits
Office Expense/ Post
Operating Supplies
Rent
Repairs & Maintenance
Utilities/Telephone
Other Expense1
Other Expense2
Payroll
Payroll Tax
Salaries (Owners)
OPER EXPENSES
EBITDA
Interest
Depreciation
Amortization
Earn Before Taxes

10,000

2
1.70%
39015
7803
31212
10000

3
2.20%
50490
10098
40392
10000

4
3.30%
75735
15147
60588
10000

5
11.00%
252450
50490
201960
10000

6
13.00%
298350
59670
238680
10000

7
18.00%
413100
82620
330480
10000

8
15.00%
344250
68850
275400
10000

9
13.00%
298350
59670
238680
10000

10
11.00%
252450
50490
201960
10000

11
6.00%
137700
27540
110160
5000

12
4.50%
103275
20655
82620
5000

2,500

2,500

2,500

2,500

2,500

5,000

7,500

7,500

7,500

7,500

7,500

5,000

200
500
200
0
500
100
200
100
1500
50
600
594
0

200
500
200
0
500
100
200
100
1500
50
600
594
0

200
500
200
0
500
100
200
100
1500
50
600
594
0

200
500
200
0
500
100
600
100
1500
50
600
594
0

200
500
200
0
500
100
600
100
1500
50
600
594
0

200
500
200
0
500
100
700
100
1500
50
600
594
0

200
500
200
0
500
100
700
100
1000
150
1100
594
0

200
500
200
0
500
100
700
100
1000
150
1100
594
0

200
500
200
0
500
100
700
100
1000
150
1100
594
0

200
500
200
0
500
100
700
100
1000
150
1100
594
0

200
500
200
0
500
100
700
100
1000
150
1100
594
0

200
500
200
0
500
100
700
100
1000
150
1100
594
0

40,000

60,000

2008 %Ch
2868750
573750
2295000
121000
69000
2400
6600
2640
0
6600
1200
7705
1260
16500
1260
10710
7484
0
803000
80300
299988
1437647
857353
1560
0
0
855793
12/2008
1429941
78596
47158
0
0
0
0
0
0
(27000)
1528695

35

15
20
0
10
10
0
10
0
15
5
10
5
5
5
0
10
50

29.8

2009
3872813
774563
3098250
139150
82800
2400
7260
2904
0
7260
1200
8861
1323
18150
1323
11246
7859
0
883300
88330
449982
1713347
1384903
1158
0
0
1383746

20 % of Sales

10 Payroll Tax Rate

35.7 % EBT

BALANCE SHEET
Cash
Accounts Receivable
Inventory
Equipment & Fixtures
Leasehold Impr
Buildings
Tot Accm Dep (Neg)
Intangibles
Accum Amort (Neg)
Other Non-Cur
TOTAL ASSETS
Accounts Payable
ST Notes Payable
Current Port LT Debt
Accrued Liabilities
Bank Loan
LT Note Payable
TOTAL LIABILITIES

12/2009
2792834
106104 10.0 Days A/R
63663 30.0 Days Inventory
0
7 Years Depr (Input 3 yrs or more)
0
3 Years Depr (Input 3 yrs or more)
0
39 Years Depr (Input 3 yrs or more)
0
0
3 Years Amort (Input 3 yrs or more)
0
(47000)
2915601

CASH FLOW STATEMENT

BEGINNING CASH
OPERATIONS:
EARN BEFORE TAX
Plus:
Depreciation & Amort
Dec(Inc) Accounts Rec
Dec(Inc) Inventory
Inc(Dec) Accounts Pay
Inc(Dec) Accrued Liab
C/F FROM OPER

106886

147897

177549

138403

101683

54935

1061

593465

806477

1362893

1938

149834

327383

465786

567468

622404

623465

623465

1429941

2792834

10.0 Days A/P

9.00 % Inter
15.0 Days Accruals
7.00 % Inter
7.00 % Inter

60 Term (months)
60 Term (months)

0.00 Monthly payment

594.04 Monthly payment
594.04 Total monthly debt service

INCOME STATEMENT
SALES
DIRECT COST OF SALES
GROSS MARGIN
EXPENSES:
Advertising/Promo
Auto & Travel
Contract Services
Employee Benefits
Insurance
Leased Equipment
Legal / Accounting
Licenses & Permits
Office Expense/ Post
Operating Supplies
Rent
Repairs & Maintenance
Utilities/Telephone
Other Expense1
Other Expense2
Payroll
Payroll Tax
Salaries (Owners)
OPERATING EXPENSES
EBITDA
Interest
Depreciation
Amortization
EARNINGS BEFORE TAX

My Company, Inc.

1
29,835
5,967
23,868

2
39,015
7,803
31,212

3
50,490
10,098
40,392

4
75,735
15,147
60,588

5
252,450
50,490
201,960

6
298,350
59,670
238,680

7
413,100
82,620
330,480

8
344,250
68,850
275,400

9
298,350
59,670
238,680

10
252,450
50,490
201,960

11
137,700
27,540
110,160

12
103,275
20,655
82,620

2007
2,295,000
459,000
1,836,000

2008
2,868,750
573,750
2,295,000

2009
3,872,813
774,563
3,098,250

10,000
2,500
200
500
200
0
500
100
200
100
1,500
50
600
594
0
40,000
4,000
16,666
77,710
(53,842)
175
0
0
(54,017)

10,000
2,500
200
500
200
0
500
100
200
100
1,500
50
600
594
0
40,000
4,000
16,666
77,710
(46,498)
173
0
0
(46,671)

10,000
2,500
200
500
200
0
500
100
200
100
1,500
50
600
594
0
40,000
4,000
16,666
77,710
(37,318)
170
0
0
(37,488)

10,000
2,500
200
500
200
0
500
100
600
100
1,500
50
600
594
0
40,000
4,000
16,666
78,110
(17,522)
168
0
0
(17,690)

10,000
2,500
200
500
200
0
500
100
600
100
1,500
50
600
594
0
60,000
6,000
16,666
100,110
101,850
165
0
0
101,685

10,000
5,000
200
500
200
0
500
100
700
100
1,500
50
600
594
0
75,000
7,500
16,666
119,210
119,470
163
0
0
119,307

10,000
7,500
200
500
200
0
500
100
700
100
1,000
150
1,100
594
0
90,000
9,000
16,666
138,310
192,170
160
0
0
192,010

10,000
7,500
200
500
200
0
500
100
700
100
1,000
150
1,100
594
0
75,000
7,500
16,666
121,810
153,590
158
0
0
153,432

10,000
7,500
200
500
200
0
500
100
700
100
1,000
150
1,100
594
0
75,000
7,500
16,666
121,810
116,870
155
0
0
116,715

10,000
7,500
200
500
200
0
500
100
700
100
1,000
150
1,100
594
0
75,000
7,500
16,666
121,810
80,150
152
0
0
79,998

5,000
7,500
200
500
200
0
500
100
700
100
1,000
150
1,100
594
0
60,000
6,000
16,666
100,310
9,850
150
0
0
9,700

5,000
5,000
200
500
200
0
500
100
700
100
1,000
150
1,100
594
0
60,000
6,000
16,666
97,810
(15,190)
147
0
0
(15,337)

110,000
60,000
2,400
6,000
2,400
0
6,000
1,200
6,700
1,200
15,000
1,200
10,200
7,128
0
730,000
73,000
199,992
1,232,420
603,580
1,935
0
0
601,645

121,000
69,000
2,400
6,600
2,640
0
6,600
1,200
7,705
1,260
16,500
1,260
10,710
7,484
0
803,000
80,300
299,988
1,437,647
857,353
1,560
0
0
855,793

139,150
82,800
2,400
7,260
2,904
0
7,260
1,200
8,861
1,323
18,150
1,323
11,246
7,859
0
883,300
88,330
449,982
1,713,347
1,384,903
1,158
0
0
1,383,746

BALANCE SHEET

My Company, Inc.

Cash
Accounts Receivable
Inventory
Equipment & Fixtures
Leasehold Improvements
Buildings
Total Accum Depr (Neg)
Intangibles
Accumulated Amort (Neg)
Other Non-Cur
TOTAL ASSETS

12/2006
30,000
0
0
0
0
0
0
0
0
0
30,000

1
(15,470)
9,809
5,885
0
0
0
0
0
0
(1,000)
(776)

2
(65,787)
12,827
7,696
0
0
0
0
0
0
(2,000)
(47,264)

3
(107,981)
16,599
9,960
0
0
0
0
0
0
(3,000)
(84,422)

4
(136,716)
24,899
14,940
0
0
0
0
0
0
(4,000)
(100,878)

5
(104,948)
82,997
49,798
0
0
0
0
0
0
(5,000)
22,847

6
1,938
98,088
58,853
0
0
0
0
0
0
(6,000)
152,878

7
149,834
135,814
81,488
0
0
0
0
0
0
(7,000)
360,136

8
327,383
113,178
67,907
0
0
0
0
0
0
(8,000)
500,468

9
465,786
98,088
58,853
0
0
0
0
0
0
(9,000)
613,726

10
567,468
82,997
49,798
0
0
0
0
0
0
(10,000)
690,264

11
622,404
45,271
27,163
0
0
0
0
0
0
(11,000)
683,838

12/2007
623,465
33,953
20,372
0
0
0
0
0
0
(12,000)
665,790

Accounts Payable
ST Notes Payable
Curr Portion of LT Debt
Accrued Liabilities
Long Term Liabilities
TOTAL LIABILITIES

0
0
5,193
0
24,807
30,000

1,962
0
5,223
21,699
24,358
53,241

2,565
0
5,254
21,699
23,906
53,423

3,320
0
5,284
21,699
23,451
53,754

4,980
0
5,315
21,699
22,994
54,988

16,599
0
5,346
32,548
22,534
77,028

19,618
0
5,377
40,685
22,071
87,751

27,163
0
5,409
48,822
21,606
103,000

22,636
0
5,440
40,685
21,138
89,899

19,618
0
5,472
40,685
20,667
86,442

16,599
0
5,504
40,685
20,194
82,982

9,054
0
5,536
32,548
19,718
66,856

6,791
0
5,568
32,548
19,239
64,146

15,719
0
5,971
36,300
13,268
71,258

21,221
0
6,403
39,930
6,865
74,419

0
0
0

0
(54,017)
(54,017)

0
(100,688)
(100,688)

0
(138,176)
(138,176)

0
(155,865)
(155,865)

0
(54,180)
(54,180)

0
65,127
65,127

0
257,137
257,137

0
410,569
410,569

0
527,284
527,284

0
607,282
607,282

0
616,982
616,982

0
601,645
601,645

0
1,457,437
1,457,437

0
2,841,183
2,841,183

30,000

(776)

(47,264)

(84,422)

(100,878)

22,847

152,878

360,136

500,468

613,726

690,264

683,838

665,790

1,528,695

2,915,601

Paid-in Capital
Retained Earnings
EQUITY
TOTAL LIAB & EQUITY

12/2008
1,429,941
78,596
47,158
0
0
0
0
0
0
(27,000)
1,528,695

12/2009
2,792,834
106,104
63,663
0
0
0
0
0
0
(47,000)
2,915,601

CASH FLOW STATEMENT

BEGINNING CASH
OPERATIONS:
EARNINGS BEFORE TAX
Plus:
Depreciation & Amortization
Dec(Inc) Accounts Receivable
Dec(Inc) Inventory
Inc(Dec) Accounts Payable
Inc(Dec) Accrued Liabilities
C/F FROM OPERATIONS
INVESTING:
Dec(Inc) Fixed Assets
Dec(Inc) Intangibles
Dec(Inc) Other Non-Cur
C/F FROM INVESTING
FINANCING:
Inc(Dec) ST Debt
Inc(Dec) LT Debt
Paid-in Capital Additions
C/F FROM FINANCING

My Company, Inc.

1
30,000

2
(15,470)

3
(65,787)

4
(107,981)

5
(136,716)

6
(104,948)

(54,017)

(46,671)

(37,488)

(17,690)

101,685

0
(9,809)
(5,885)
1,962
21,699
(46,051)

0
(3,018)
(1,811)
604
0
(50,896)

0
(3,773)
(2,264)
755
0
(42,770)

0
(8,300)
(4,980)
1,660
0
(29,309)

0
(58,098)
(34,859)
11,620
10,849
31,197

0
0
1,000
1,000

0
0
1,000
1,000

0
0
1,000
1,000

0
0
1,000
1,000

0
0
1,000
1,000

0
(419)
0
(419)

0
(421)
0
(421)

0
(424)
0
(424)

0
(426)
0
(426)

0
(429)
0
(429)

TOTAL CASH FLOW

(45,470)

(50,317)

(42,194)

(28,736)

31,768

ENDING CASH

(15,470)

(65,787)

(107,981)

(136,716)

(104,948)

7
1,938

8
149,834

9
327,383

10
465,786

11
567,468

119,307

192,010

153,432

116,715

79,998

0
(15,090)
(9,054)
3,018
8,137
106,318

0
(37,726)
(22,636)
7,545
8,137
147,330

0
22,636
13,581
(4,527)
(8,137)
176,985

0
15,090
9,054
(3,018)
0
137,842

0
15,090
9,054
(3,018)
0
101,124

0
0
1,000
1,000

0
(431)
0
(431)

0
0
1,000
1,000

0
(434)
0
(434)

0
0
1,000
1,000

0
(436)
0
(436)

0
0
1,000
1,000

0
(439)
0
(439)

0
0
1,000
1,000

0
(442)
0
(442)

12
622,404

2007
30,000

2008
623,465

2009
1,429,941

9,700

(15,337)

601,645

855,793

1,383,746

0
37,726
22,636
(7,545)
(8,137)
54,380

0
11,318
6,791
(2,264)
0
508

0
(33,953)
(20,372)
6,791
32,548
586,658

0
(44,642)
(26,785)
8,928
3,752
797,045

0
(27,509)
(16,505)
5,502
3,630
1,348,864

0
0
1,000
1,000

0
0
1,000
1,000

0
0
12,000
12,000

0
0
15,000
15,000

0
0
20,000
20,000

0
(5,193)
0
(5,193)

0
(5,568)
0
(5,568)

0
(5,971)
0
(5,971)

0
(444)
0
(444)

0
(447)
0
(447)

106,886

147,897

177,549

138,403

101,683

54,935

1,061

593,465

806,477

1,362,893

1,938

149,834

327,383

465,786

567,468

622,404

623,465

623,465

1,429,941

2,792,834

CASH
700000
600000
500000
400000
$

300000
200000
100000
0
(100000)
(200000)
1

7
Months

Series1

Series2

500000
400000

300000
200000
100000
0
(100000)
1

10

11

12

ANNUAL SALES
4500000
4000000
3500000
3000000
2500000
$

2000000
1500000
1000000
500000
0
2007

2008

2009

2007

2008

2009

Months
Series1

Series2

MONTHLY SALES

Months
Series1

Series2

10

11

12