HUKADA FOOD HOUSE

PROFIT & LOSS STATEMENT

FOR 5 YEARS OPERATION

SCHEDULE 1st Year

SALES REVENUE 1 4,328,678.57
LESS: COST OF GOODS SOLD (cost plus 60% mark-up) 2,705,424.11
GROSS PROFIT 1,623,254.46
OTHER INCOME (SALE OF FOOD WASTE) 2 43,800.00
TOTAL INCOME 1,667,054.46
LESS: OPERATING EXPENSES
EMPLOYEES COMPENSATION AND OTHER BENEFITS 3 1,263,112.80
PROMOTIONS & ADVERTISING 10,520.00
ELECTRICITY 30,000.00
WATER 12,000.00
COMMUNICATION 23,988.00
TRANSPORTATION 9,600.00
PACKAGING MATERIALS & SUPPLIES 3,000.00
FUEL 36,000.00
CLOTHING ALLOWANCE 2,700.00
DEPRECIATION EXPENSE - KITCHEN WARES 4 13,014.67
DEPRECIATION EXPENSE - FURNITURES & FIXTURES 4 2,784.00
DEPRECIATION EXPENSE - BUILDING, FACILITIES & EQUIP 4 68,277.14
PERMIT & LICENSES 129,860.36
AUDIT FEE 10,000.00
MISCELLANEOUS EXPENSES 12,000.00
TOTAL OPERATING EXPENSES 1,626,856.97
OPERATING INCOME 40,197.50
LESS: INCOME TAX 12,059.25
NET INCOME 28,138.25

3,000,000.00
0.94%
OUSE
EMENT
ATION

2nd Year 3rd Year 4th Year 5th Year

4,674,972.86 5,048,970.69 5,452,888.34 5,889,119.41
2,867,749.55 3,039,814.53 3,222,203.40 3,415,535.60
1,807,223.30 2,009,156.16 2,230,684.94 2,473,583.81
43,800.00 43,800.00 43,800.00 43,800.00
1,851,023.30 2,052,956.16 2,274,484.94 2,517,383.81

1,263,112.80 1,263,112.80 1,263,112.80 1,263,112.80

11,151.20 11,820.27 12,529.49 13,281.26
31,800.00 33,708.00 35,730.48 37,874.31
12,720.00 13,483.20 14,292.19 15,149.72
23,988.00 23,988.00 23,988.00 23,988.00
10,176.00 10,786.56 11,433.75 12,119.78
3,180.00 3,370.80 3,573.05 3,787.43
38,160.00 40,449.60 42,876.58 45,449.17
2,862.00 3,033.72 3,215.74 3,408.69
13,014.67 13,014.67 13,014.67 13,014.67
2,784.00 2,784.00 2,784.00 2,784.00
68,277.14 68,277.14 68,277.14 68,277.14
140,249.19 151,469.12 163,586.65 176,673.58
10,000.00 10,000.00 10,000.00 10,000.00
12,720.00 13,483.20 14,292.19 15,149.72
1,644,195.00 1,662,781.08 1,682,706.73 1,704,070.27
206,828.31 390,175.08 591,778.21 813,313.53
62,048.49 117,052.52 177,533.46 243,994.06
144,779.82 273,122.55 414,244.75 569,319.47

3,000,000.00 3,000,000.00 3,000,000.00 3,000,000.00

5% 9% 14% 19%
2015 50,458,753.00
2016 40,347,624.00
2017 19,751,617.00
2018 74,291,474.00
184,849,468.00
46,212,367.00
SCHEDULE 1: SALES REVENUE:
SELLING QUANTITY SOLD
PRODUCT PRICE MONTHLY

Manok Choice (Solo) :

Tinolang Manok sa kawayan 35.00 720
Ginataang Manok na may luyang dilaw 30.00 1,080
Inubaran na Manok 30.00 1,080
Manok Choice (Whole) :
Papisik 200.00 30
Bangus:
Relleno (200 grams) 150.00 60
Relleno (per slice) 30.00 720
Desserts:
Mais Con Yelo
Small 15.00 300
Medium 20.00 450
Large 25.00 600
Kalabasa Ice Cream:
Small 20.00 150
Medium 25.00 300
Large 30.00 450
Binignit:
Small 30.00 450
Medium 35.00 300
Large 45.00 150
Buko Fruit Salad:
Small 25.00 600
Medium 30.00 750
Large 35.00 600
Guyabano Ice Cream:
Small 20.00 150
Medium 25.00 180
Large 30.00 180
Carrot Cake:
Whole 300.00 30
Per Slice 40.00 600
Beverages:
Malunggay/Luya/Tanglad/Calamansi
Small 15.00 300
Medium 20.00 450
Large 25.00 300
Oregano Shake:
 Small 20.00 150
Medium 25.00 300
Large 35.00 180
Jackfruit Milk Shake:
Small 25.00 240
Medium 35.00 300
Large 45.00 150
Softdrinks:
12 oz 18.00 720
1 Liter 25.00 180
Mineral Water:
500 ml 15.00 750

TOTAL SALES REVENUE

SCHEDULE 2: OTHER INCOME:

NUMBER OF CONTAINER OF FOOD WASTE PER DAY 3
COST PER CONTAINER PHP 40.00
TOTAL SALE OF FOOD WASTE PER DAY 120.00
NUMBER OF DAYS IN A YEAR 365
TOTAL ANNUAL SALE OF FOOD WASTE PHP 43,800.00
QUANTITY SOLD TOTAL OUTPUT SALES, NET
ANNUALLY SALES VAT OF VAT

8,640 302,400.00 32,400.00 270,000.00 270,000.00

12,960 388,800.00 41,657.14 347,142.86 347,142.86
12,960 388,800.00 41,657.14 347,142.86 347,142.86

360 72,000.00 7,714.29 64,285.71 64,285.71

720 108,000.00 11,571.43 96,428.57 96,428.57

8,640 259,200.00 27,771.43 231,428.57 231,428.57

3,600 54,000.00 5,785.71 48,214.29 48,214.29

5,400 108,000.00 11,571.43 96,428.57 96,428.57
7,200 180,000.00 19,285.71 160,714.29 160,714.29

1,800 36,000.00 3,857.14 32,142.86 32,142.86

3,600 90,000.00 9,642.86 80,357.14 80,357.14
5,400 162,000.00 17,357.14 144,642.86 144,642.86

5,400 162,000.00 17,357.14 144,642.86 144,642.86

3,600 126,000.00 13,500.00 112,500.00 112,500.00
1,800 81,000.00 8,678.57 72,321.43

7,200 180,000.00 19,285.71 160,714.29 160,714.29

9,000 270,000.00 28,928.57 241,071.43 241,071.43
7,200 252,000.00 27,000.00 225,000.00 225,000.00

1,800 36,000.00 3,857.14 32,142.86 32,142.86

2,160 54,000.00 5,785.71 48,214.29 48,214.29
2,160 64,800.00 6,942.86 57,857.14 57,857.14

360 108,000.00 11,571.43 96,428.57

7,200 288,000.00 30,857.14 257,142.86

3,600 54,000.00 5,785.71 48,214.29

5,400 108,000.00 11,571.43 96,428.57 96,428.57
3,600 90,000.00 9,642.86 80,357.14
1,800 36,000.00 3,857.14 32,142.86
3,600 90,000.00 9,642.86 80,357.14
2,160 75,600.00 8,100.00 67,500.00

2,880 72,000.00 7,714.29 64,285.71

3,600 126,000.00 13,500.00 112,500.00
1,800 81,000.00 8,678.57 72,321.43

8,640 155,520.00 16,662.86 138,857.14

2,160 54,000.00 5,785.71 48,214.29

9,000 135,000.00 14,464.29 120,535.71

- - -
4,848,120.00 519,441.43 4,328,678.57 ### 208,928.57

4,336,808.36 1,663,865.55 139,285.71

(8,129.79)
 UNIT TOTAL
COST COST

18.38 158,823.53
15.76 204,201.68
15.76 204,201.68
#VALUE! #VALUE!
105.04 37,815.13
#VALUE! #VALUE!
78.78 56,722.69
15.76 136,134.45
#VALUE! #VALUE!
#VALUE! #VALUE!
8.93 32,142.86
10.50 56,722.69
14.88 107,142.86
#VALUE! #VALUE!

13.13 47,268.91
15.76 85,084.03
#VALUE! #VALUE!
15.76 85,084.03

72,321.43 28.70 51,658.16

#VALUE! #VALUE!

15.76 141,806.72
18.38 132,352.94
#VALUE! #VALUE!
10.50 18,907.56
13.13 28,361.34

#VALUE! #VALUE!
96,428.57 191.33 68,877.55
257,142.86 25.51 183,673.47
#VALUE! #VALUE!
#VALUE! #VALUE!
48,214.29 9.57 34,438.78

80,357.14 15.94 57,397.96

 #VALUE!
554,464.29 -

396,045.92 2,199,197.18
SCHEDULE 3: EMPLOYEES COMPENSATION AND BENEFITS

DAILY MONTHLY ANNUAL ANNUAL 13th MONTH

POSITION RATE SALARY SALARY COLA PAY
Cook 1 350 10,500.00 126,000.00 3,780.00 10,500.00
Cook 2 350 10,500.00 126,000.00 3,780.00 10,500.00
Cashier 1 350 10,500.00 126,000.00 3,780.00 10,500.00
Cashier 2 350 10,500.00 126,000.00 3,780.00 10,500.00
Waiter/Waitress 1 300 9,000.00 108,000.00 3,240.00 9,000.00
Waiter/Waitress 2 300 9,000.00 108,000.00 3,240.00 9,000.00
Waiter/Waitress 3 300 9,000.00 108,000.00 3,240.00 9,000.00
Steward 1 300 9,000.00 108,000.00 3,240.00 9,000.00
Steward 2 300 9,000.00 108,000.00 3,240.00 9,000.00
TOTAL 2,900.00 87,000.00 1,044,000.00 31,320.00 87,000.00

Holiday 2,900.00 13 2 75,400.00

Overtime 362.50 43.75 1.56 24,740.63
100,140.63
 Monthly Annual
PhilHealth SSS Premium Pag-Ibig PhilHealth SSS Premium Pag-Ibig
Contribution Contribution Contribution Contribution Contribution Contribution
Employer ShareEmployer ShareEmployer ShareEmployer ShareEmployer ShareEmployer Share
131.25 773.85 100.00 1,575.00 9,286.20 1,200.00
131.25 773.85 100.00 1,575.00 9,286.20 1,200.00
131.25 773.85 100.00 1,575.00 9,286.20 1,200.00
131.25 773.85 100.00 1,575.00 9,286.20 1,200.00
112.50 663.30 100.00 1,350.00 7,959.60 1,200.00
112.50 663.30 100.00 1,350.00 7,959.60 1,200.00
112.50 663.30 100.00 1,350.00 7,959.60 1,200.00
112.50 663.30 100.00 1,350.00 7,959.60 1,200.00
112.50 663.30 100.00 1,350.00 7,959.60 1,200.00
1,087.50 6,411.90 900.00 13,050.00 76,942.80 10,800.00
 TOTAL COMPENSATION
AND BENEFITS
loyer Share
152,341.20
152,341.20
152,341.20
152,341.20
130,749.60
130,749.60
130,749.60
130,749.60
130,749.60
1,263,112.80
SCHEDULE 4 : ANNUAL DEPRECIATION EXPENSE:

KITCHEN WARES
Quantity Unit Unit Cost Total Cost
Fork 5 dozen 250.00 1,250.00
Spoon 5 dozen 250.00 1,250.00
Plates 70 pieces 150.00 10,500.00
Glasses 6 dozen 1,000.00 6,000.00
Pitchers 10 pieces 880.00 8,800.00
Measuring cups and spoon 2 pieces 80.00 160.00
Strainer 2 pieces 85.00 170.00
Mixing bowl 5 pieces 240.00 1,200.00
Blender 2 pieces 1,200.00 2,400.00
Cutting board 6 pieces 99.00 594.00
Food serving tray 2 dozen 240.00 480.00
Knife Set 3 set 480.00 1,440.00
CookWare 3 set 1,600.00 4,800.00
TOTAL 39,044.00

FURNITURE AND FIXTURES

Quantity Unit Unit Cost Total Cost
Dinning Table 4 setters 12 piece 320.00 3,840.00
Table Cloth 3 dozen 500.00 1,500.00
Dinning Chairs 50 piece 250.00 12,500.00
Office Table 2 pieces 1,000.00 2,000.00
Office Chairs 3 pieces 500.00 1,500.00
Kitchen Table 1 piece 5,000.00 5,000.00
TOTAL 26,340.00

BUILDING, FACILITIES & EQUIPMENT

Quantity Unit Unit Cost Total Cost
Building 1 unit 789,501.20 789,501.20
Cash register machine 1 unit 20,000.00 20,000.00
Airconditioner 2 set 12,000.00 24,000.00
CCTV 1 set 45,000.00 45,000.00
Gas range 2 set 15,000.00 30,000.00
Computer with printer 1 set 30,000.00 30,000.00
Freezer 1 unit 21,450.00 21,450.00
Microwave oven 1 unit 42,000.00 42,000.00
Water dispenser 1 unit 9,000.00 9,000.00
Water tank 1 unit 21,000.00 21,000.00
Generator 1 unit 20,000.00 20,000.00
Automatic ice crusher 1 unit 6,500.00 6,500.00
Fire extinguisher 2 unit 1,500.00 3,000.00
TOTAL 1,061,451.20
Estimated Life Depreciation
3 416.67
3 416.67
3 3,500.00
3 2,000.00
3 2,933.33
3 53.33
3 56.67
3 400.00
3 800.00
3 198.00
3 160.00
3 480.00
3 1,600.00
13,014.67

Estimated Life Depreciation

10 384.00
5 300.00
10 1,250.00
10 200.00
10 150.00
10 500.00
2,784.00

Estimated Life Depreciation

20 39,475.06
15 1,333.33
8 3,000.00 8000 8 64000 69,000.00
10 4,500.00
8 3,750.00
10 3,000.00
8 2,681.25
8 5,250.00
8 1,125.00
20 1,050.00
10 2,000.00
8 812.50
10 300.00
68,277.14
 HUKAD
STATEMENT OF
FOR 5 Y
1ST YEAR
Current Assets:
Cash on Hand & in banks 792,852.16
Kitchen Wares 39,044.00
Food Supplies 26,013.69
Office Supplies 5,000.00
Total Current Assets 862,909.85

Noncurrent Assets:
Land 1,125,000.00
Building, Facilities & Equipment 1,061,451.20
Less: Accumulated Depreciation 68,277.14 993,174.06
Kitchen Wares 39,044.00
Less: Accumulated Depreciation 13,014.67 26,029.33
Furniture & Fixtures 26,340.00
Less: Accumulated Depreciation 2,784.00 23,556.00
Total Noncurrent Assets 2,167,759.39

TOTAL ASSETS 3,030,669.24

Current Liabilities:
VAT Payable (Schedule 1) 16,232.54
Income Tax Payable 1,004.94
Accounts Payable 7,804.11
Total Current Liabilities 25,041.59

Total Liabilities 25,041.59

Partners' Equity:
Contribution by Partners'/Partners' Equity - Beginning 3,000,000.00
Add: Net Income 28,138.25
Total 3,028,138.25
Less: Withdrawals 22,510.60
Partners' Equity - Ending 3,005,627.65

TOTAL LIABILITIES & PARTNERS' EQUITY 3,030,669.24

 HUKADA FOOD HOUSE
STATEMENT OF FINANCIAL CONDITION
FOR 5 YEARS OPERATION
2ND YEAR 3RD YEAR 4TH YEAR

909,241.37 1,051,770.40
40,215.32 41,421.78
27,574.51 29,228.99
5,150.00 5,304.50
982,181.20 1,127,725.67

1,125,000.00 1,125,000.00
1,061,451.20 1,061,451.20 1,061,451.20
136,554.29 924,896.91 204,831.43 856,619.77 273,108.57
39,044.00 39,044.00 39,044.00
26,029.33 13,014.67 39,044.00 - 52,058.67
26,340.00 26,340.00 26,340.00
5,568.00 20,772.00 8,352.00 17,988.00 11,136.00
2,083,683.58 1,999,607.77

3,065,864.78 3,127,333.44

18,072.23 20,091.56
5,170.71 9,754.38
8,038.23 8,279.38
31,281.17 38,125.32

31,281.17 38,125.32

3,005,627.65 3,034,583.61 3,089,208.12

144,779.82 273,122.55 414,244.75
3,150,407.47 3,307,706.17 3,503,452.87
115,823.85 218,498.04 331,395.80
3,034,583.61 3,089,208.12

3,065,864.78 3,127,333.44
4TH YEAR 5TH YEAR

1,223,043.38 1,425,903.49
42,664.43 43,944.37
30,982.72 32,841.69
5,463.64 5,627.54
1,302,154.18 1,508,317.09

1,125,000.00 1,125,000.00
1,061,451.20
788,342.63 341,385.72 720,065.48
39,044.00
(13,014.67) 65,073.33 (26,029.33)
26,340.00
15,204.00 13,920.00 12,420.00
1,915,531.96 1,831,456.15

3,217,686.14 3,339,773.24

22,306.85 24,735.84
14,794.46 20,332.84
8,527.76 8,783.59
45,629.06 53,852.27

45,629.06 53,852.27

3,172,057.07
569,319.47 1,429,604.84
3,741,376.54 0.07
455,455.58
3,172,057.07 3,285,920.97

3,217,686.14 3,339,773.24
 HUKADA FOOD HOUSE
STATEMENT OF CASH FLOWS
FOR 5 YEARS OPERATION

1ST YEAR
CASH FLOW FROM OPERATING ACTIVITIES:
NET INCOME 28,138.25
DEPRECIATION EXPENSE - BUILDING, FACILITIES & EQUIP 68,277.14
DEPRECIATION EXPENSE - FURNITURE & FIXTURES 2,784.00
DEPRECIATION EXPENSE - KITCHEN WARES 13,014.67
INCREASE in KITCHEN WARES (39,044.00)
INCREASE in FOOD SUPPLIES (26,013.69)
INCREASE in OFFICE SUPPLIES (5,000.00)
INCREASE in VAT TAX PAYABLE 16,232.54
INCREASE in INCOME TAX PAYABLE 1,004.94
INCREASE in ACCOUNTS PAYABLE 7,804.11
NET CASH PROVIDED BY OPERATING ACTIVITIES 67,197.95

CASH FLOW FROM INVESTING ACTIVITIES:

PURCHASE OF LAND (1,125,000.00)
CASH PAYMENT for BUILDING, FACILITIES & EQUIPMENT (1,061,451.20)
CASH PAYMENT for KITCHEN WARES (39,044.00)
CASH PAYMENT for FUNITURE AND FIXTURES (26,340.00)
NET CASH USED IN INVESTING ACTIVITIES (2,251,835.20)

CASH FLOW FROM FINANCING ACTIVITIES:

CONTRIBUTION BY PARTNERS 3,000,000.00
PARTNERS DRAWING (22,510.60)
NET CASH PROVIDED BY FINANCING ACTIVITIES 2,977,489.40

INCREASE in CASH & CASH EQUIVALENTS 792,852.16

BEGINNING CASH ON HAND AND IN BANKS -
ENDING CASH ON HAND AND IN BANKS 792,852.16

792,852.16

-
 D HOUSE
CASH FLOWS
PERATION

2ND YEAR 3RD YEAR 4TH YEAR 5 YEAR

144,779.82 273,122.55 414,244.75 569,319.47

68,277.14 68,277.14 68,277.14 68,277.14
2,784.00 2,784.00 2,784.00 2,784.00
13,014.67 13,014.67 13,014.67 13,014.67
(1,171.32) (1,206.46) (1,242.65) (1,279.93)
(1,560.82) (1,654.47) (1,753.74) (1,858.96)
(150.00) (154.50) (159.14) (163.91)
1,839.69 2,019.33 2,215.29 2,428.99
4,165.77 4,583.67 5,040.08 5,538.38
234.12 241.15 248.38 255.83
232,213.07 361,027.08 502,668.78 658,315.68

- - - -

(115,823.85) (218,498.04) (331,395.80) (455,455.58)

(115,823.85) (218,498.04) (331,395.80) (455,455.58)

116,389.21 142,529.03 171,272.98 202,860.10

792,852.16 909,241.37 1,051,770.40 1,223,043.38
909,241.37 1,051,770.40 1,223,043.38 1,425,903.49

909,241.37 1,051,770.40 1,223,043.38 1,425,903.49

- - - -
- - -
 67,197.95 232,213.07 361,027.08 502,668.78 1,163,106.87
11,932,802.05 11,700,588.98 11,339,561.90 10,836,893.13
22.5587154803
SCHEDULE 1 : VAT PAYABLE
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
OUTPUT VAT 519,441.43 560,996.74 605,876.48 654,346.60 706,694.33
LESS: INPUT VAT 324,650.89 344,129.95 364,777.74 386,664.41 409,864.27
TOTAL VAT PAYAB 194,790.54 216,866.80 241,098.74 267,682.19 296,830.06
DIVIDE 12 12 12 12 12
VAT PAYABLE 16,232.54 18,072.23 20,091.56 22,306.85 24,735.84
 1st Year 2nd Year
NET INCOME 28,138.25 144,779.82
INVESTMENT 18,000,000.00 18,000,000.00
RETURN ON INVESTMENT 0.16% 0.80%

Cash Provided by
Operating Activities
1st Year 67,197.95
2nd Year 232,213.07
3rd Year 361,027.08
4th Year 502,668.78
5th Year 658,315.68
Total 1,821,422.56
Divide 5 years
Average 364,284.51

Payback Period 49.41

3rd Year 4th Year 5th Year
273,122.55 414,244.75 569,319.47
18,000,000.00 18,000,000.00 18,000,000.00
1.52% 2.30% 3.16% 7.94% 0.015884
10,344,300.00 62,065,800.00
0.14
8,869,202.82
2015 50,458,753.00 22 2,293,579.68
2016 40,347,624.00 20 2,017,381.20
2017 19,751,617.00 19 1,039,558.79
2018 74,291,474.00 24 3,095,478.08
8,445,997.75
2,111,499.44

4.00
 1st Year 2nd Year 3rd Year 4th Year 5th Year
Current Assets 862,909.85 982,181.20 1,127,725.67 1,302,154.18 1,508,317.09
Current Liabilities 25,041.59 31,281.17 38,125.32 45,629.06 53,852.27
Current Ratio 34.46 31.40 29.58 28.54 28.01

Net Income 28,138.25 144,779.82 273,122.55 414,244.75 569,319.47

investment 8,000,000.00 8,000,000.00 8,000,000.00 8,000,000.00 8,000,000.00
ROI 0.352% 1.810% 3.414% 5.178% 7.116%

2019 2020
15-20 20183 20516 0.464 9364.912 125
21-30 32594 33132 0.384 12516.096 125
31-40 24409 24811 0.124 3026.716 125
125 125
3,051,125.00 3,101,375.00
0.464
1,415,722.00 424,716.60

229.5
5601865.5
0.47
2,632,876.79 1,843,013.75
2,267,730.35
 17.870%

1,170,614.00 229.5 2,149,247.30

1,564,512.00 229.5 2,872,444.03
378,339.50 229.5 694,631.32
3,113,465.50 5,716,322.66
0.53 0.47 1.00
1,650,136.72 2,686,671.65 4,336,808.36
 Increase (Decrease)
2016 2017 2018
Alton's Bar & Restaurant -30% 0% -39%
Ample Corner Restaurant 5% 9% 20%
Bros Dinner -21% -4% 0%
Fiesta Halo Halo Restaurant 75% 0% 71%
Florencia's Eatery 20% 4% 0%
JMJ Perico Pension House 0% 50% 60%
Justine Sizzler 33% 25% 60%
KMP Native Food -29% 106% 0%
Melting Pot 14% 9% 58%
Myrna Arros Food Café & Restaurant 18% 0% 26%
Pensiang 15% -3% 43%
PHT Grilled House 25% 0% 0%
Ricardos -3% 55% 267%
Sebastian Grill & Resto 0% 14% 13%
WOW Chicken Restaurant 0% -33% 0%
Total Demand 2% 5% 25%