FINANCIAL ASSUMPTIONS

Sales increase by 5% annually

Salaries and Wages Expense and 13th Month Pay will increase by 2% in 3 rd year o
Purchase will increase by 2% annually
Utilities Expense will increase by 5% annually
Office Supplies Expense and Cleaning Supplies Expense will increase by 2% annu
Store Supplies Expense will increase by 5% annually
Promotional Expense and Uniform expenses will increase by 2% annually
15% of Machine and Equipment Cost will be the replacement cost.
Tax rate is 30%
Division of Net income to all partners is equally divided.
Ending inventory is 5% every year

rease by 2% in 3 rd year of operation

will increase by 2% annually

by 2% annually
ment cost.

PROJECT COST
Machines and Equipment
Furniture and Fixtures
Kitchen Utensils
Cleaning Supplies
Store Supplies (1 mo.)
Office Supplies
Pre-operating Expense
Leasehold Improvement
Permit and Licences
Miscellaneous Expense
Promotional expense
Packaging Expense
Raw Materials
Rent Expense
(1 mo. deposit, 2 mos
advance)

AMOUNT
108170
67,600
15600
2610
604

3065
53626
40,355
11271
2000

750,000
12875
42000
160632
90000

8470
TOTAL

565,252

125,000.00

2016
Capital, Beginning
Investment
Net Income from operation
Partners' Withdrawal
Capital, Ending

CONE DOUGH
Statement of Partner's Equity
2017
1,023,932.79

900,000.00
423,932.79
(300,000.00)
1,023,932.79

568,900.38
(306,000.00)
1,286,833.17

ONE DOUGH
t of Partner's Equity
2018

2019

2020

1,286,833.17

1,648,139.67

2,128,253.28

673,426.51
(312,120.00)
1,648,139.67

798,476.01
(318,362.40)
2,128,253.28

931,077.27
(324,729.65)
2,734,600.90

2016
Cash Flow
2016
Cash Flow from operating activities
NET CASH SALES
CASH RECEIPT FROM OUTPUT VAT
CASH PAYMENT FOR NET PURCHASES
INPUT VAT
CASH PAYMENT FOR OPERATING EXPENSES
CASH PAYMENTS FOR INCOME TAXES
PAYMENT FOR VAT
Net cash flow from operating activities

4,933,928.57
592,071.43
(2,476,950.00)
(297,234.00)
(1,945,327.80)
806,488.20

Cash Flow from investing activities

CASH PAYMENT FOR EQUIPMENT
CASH PAYMENT FOR FURNITURE
CASH PAYMENT FOR UTENSILS
CASH PAYMENT FOR PREPAID RENT
Net cash flow used for investing activities

(108,170.00)
(67,600.00)
(15,600.00)
(60,000.00)
(251,370.00)

Cash flow from financing activities

INVESTMENT OF OWNERS
PARTNER'S WITHDRAWAL
Net cash flow used for investing activities

900,000.00
(300,000.00)
600,000.00

Net cash flow

BEGINNING BALANCE OF CASH
ENDING BALANCE OF CASH

1,155,118.20
1,155,118.20

2016
2017

2018

2019

2020

5,180,625.00
621,675.00
(2,526,489.00)
(303,178.68)
(1,820,210.50)
(181,685.48)
(294,837.43)
675,898.91

5,439,656.25
652,758.75
(2,577,018.78)
(309,242.25)
(1,873,679.56)
(243,814.45)
(318,496.32)
770,163.64

5,711,639.06
685,396.69
(2,628,559.16)
(315,427.10)
(1,915,244.92)
(288,611.36)
(343,516.50)
905,676.72

5,997,221.02
719,666.52
(2,681,130.34)
(321,735.64)
(1,958,865.10)
(342,204.00)
(369,969.59)
1,042,982.86

(306,000.00) (312,120.00) (318,362.40) (324,729.65)

(312,120.00)
(306,000.00)
(318,362.40)
(324,729.65)
369,898.91
1,155,118.20
1,525,017.11

458,043.64
1,525,017.11
1,983,060.75

587,314.32
1,983,060.75
2,570,375.07

718,253.22
2,570,375.07
3,288,628.29

2016
SALES
OUTPUT TAX 12%
NET SALES
Beginning Inventory

Purchases
Input tax 12%
Net Purchases
Goods available for sales
Ending Inventory
COST OF GOODS SOLD
GROSS PROFIT
LESS: OPERATING EXPENSES
SALARIES AND WAGES
13th Month Pay
RENT EXPENSE
UTILITIES EXPENSE
Cleaning Supplies Expense
STORE SUPPLIES EXPENSE
OFFICE SUPPLIES EXPENSE
PROMOTIONAL EXPENSE
SSS,PAG-IBIG,PHILHEALTH CONTRIBUTION
Repair and Maintenance Expense
UNIFORM EXPENSE
Leasehold Improvement
Permit and Licences
Miscellaneous Expense
DEPRECIATION-MACHINE AND EQUIPMENT
DEPRECIATION-FURNITURE AND FIXTURES
TOTAL OPERATING EXPENSE
NET INCOME BEFORE TAX
TAX 30%
NET INCOME AFTER TAX

expenses without depreciation

(639,744.00)
(53,312.00)
(912,600.00)
(180,000.00)
(3,690.00)
(7,248.00)
(2,610.00)
(12,875.00)
(61,252.80)
(10,000.00)
(8,370.00)
(40,355.00)
(11,271.00)
(2,000.00)
(19,296.00)
(10,584.00)

1,945,328

CONE DOUGH
STATEMENT OF INCOME
2016

2017

5,526,000.00
(592,071.43)
4,933,928.57

2018
5,802,300.00

6,092,415.00

(621,675.00)
5,180,625.00

(652,758.75)
5,439,656.25

123,847.50

132,516.83

2,829,667.68

2,886,261.03

(297,234.00)
2,476,950.00
2,476,950.00
(123,847.50)
(2,353,102.50)

(303,178.68)
2,526,489.00
2,650,336.50
(132,516.83)
(2,517,819.68)

(309,242.25)
2,577,018.78
2,709,535.61
(135,476.78)
(2,574,058.82)

2,580,826.07

2,662,805.33

2,865,597.43

2,774,184

(639,744.00)
(53,312.00)
(940,230.00)
(189,000.00)
(3,763.80)
(7,610.40)
(2,662.20)
(13,132.50)
61,252.80
(10,200.00)
(8,537.40)

(652,538.88)
(54,378.24)
(969,241.50)
(198,450.00)
(3,839.08)
(7,990.92)
(2,715.44)
(13,395.15)
###
(10,404.00)
(8,708.15)

(1,975,207.80)
605,618.27
(181,685.48)
423,932.79

(11,271.00)
(2,000.00)

(11,271.00)
(2,000.00)

(19,296.00)
(10,584.00)

(19,296.00)
(10,584.00)
(1,850,090.50)
812,714.83
(243,814.45)
568,900.38

(1,903,559.56)
962,037.87
(288,611.36)
673,426.51

(1,820,210.50)

(1,873,679.56)

2019

2020
6,397,035.75

6,716,887.54

(685,396.69)
5,711,639.06

(719,666.52)
5,997,221.02

135,476.78

138,201.80

2,943,986.25

3,002,865.98

(315,427.10)
2,628,559.16
2,764,035.94
(138,201.80)
(2,625,834.14)

(321,735.64)
2,681,130.34
2,819,332.14
(140,966.61)
(2,678,365.53)

3,085,804.92

3,318,855.49

(652,538.88)
(54,378.24)
(999,703.58)
(208,372.50)
(3,915.86)
(8,390.47)
(2,769.75)
(13,663.05)
61,252.80
(10,612.08)
(8,882.31)

(652,538.88)
(54,378.24)
(1,031,688.75)
(218,791.13)
(3,994.17)
(8,809.99)
(2,825.15)
(13,936.31)
###
(10,824.32)
(9,059.96)

(11,271.00)
(2,000.00)

(11,271.00)
###

(19,296.00)
(10,584.00)

(19,296.00)
(10,584.00)
(1,945,124.92)
1,140,680.01
(342,204.00)
798,476.01

(1,988,745.10)
1,330,110.38
(399,033.12)
931,077.27

BALANCE SHEET
ASSET
CURRENT ASSET
CASH
INVENTORY
TOTAL CURRENT ASSET
NON-CURRENT ASSET
MACHINE AND EQUIPMENT
ACCUMULATED DEPRICIATION
FURNITURE AND FIXTURES
ACCUMULATED DEPRECIATION
KITCHEN UTENSILS
PREPAID RENT
TOTAL NON-CURRENT
TOTAL ASSET

1,155,118.20
123,847.50
1,278,965.70

1,525,017.11
132,516.83
1,657,533.94

108,170.00 108,170.00
(38,592.00)
(19,296.00)
67,600.00 67,600.00
(21,168.00)
(10,584.00)
15,600.00 15,600.00
60,000.00 60,000.00
221,490.00
191,610.00
1,500,455.70

1,849,143.94

181,685.48
294,837.43
476,522.91

243,814.45
318,496.32
562,310.77

LIABILITIES AND PARTNERS' EQUITY

LIABILITIES
INCOME TAX PAYABLE
VAT PAYABLE
TOTAL LIABILITIES
PARTNERS' EQUITY
PARTNER'S CAPITAL
PARTNER'S WITHDRAWAL
TOTAL PARTNERS' EQUITY

1,323,932.79
(300,000.00)
1,023,932.79

1,592,833.17
(306,000.00)
1,286,833.17

TOTAL LIABILITIES AND PARTNES' EQUITY

1,500,455.70

1,849,143.94
-

1,983,060.75
135,476.78
2,118,537.53
108,170.00
(57,888.00)
67,600.00
(31,752.00)
15,600.00
60,000.00
161,730.00

2,570,375.07
138,201.80
2,708,576.87
108,170.00
(77,184.00)
67,600.00
(42,336.00)
15,600.00
60,000.00
131,850.00

3,288,628.29
140,966.61
3,429,594.90
###
(96,480.00)
###
(52,920.00)
###
###
101,970.00

2,280,267.53

2,840,426.87

3,531,564.90

288,611.36
343,516.50
632,127.86

342,204.00
369,969.59
712,173.59

399,033.12
397,930.88
796,964.00

1,960,259.67
(312,120.00)
1,648,139.67

2,446,615.68
(318,362.40)
2,128,253.28

3,059,330.55
(324,729.65)
2,734,600.90

2,280,267.53

2,840,426.87

3,531,564.90

(161,730.00)

2016
LIQUIDITY RATIO

2017
7.04

CURRENT RATIO= TOTAL CURRENT ASSET/TOTAL

LIABILITIES
INVENTORY TURNOVER=COGS/AVE. INVERNTORY
PROFITABILITY RATIO
GROSS PROFIT MARGIN=SALES-COSG/SALES

#REF!
1.43

NET PROFIT MARGIN=NET INCOME AFTER TAX/SALES

0.08

RETURN OF INVESTMENT=NET INCOME/INVESTMENT

INVESTED CAPITAL=SALES/INVESTED CAPITAL

0.47
6.14

#REF!