Name of the Company

PROJECTED INCOME STATEMENT

YEAR 1 YEAR 2 YEAR 3 YEAR 4

REVENUE FROM SALES:

Sales (refer to appendix __) 4,872,960.00 - - -
Cost of Sales - - - -
Gross Profit 4,872,960.00 - - -

OPERATING EXPENSES:
Office Supplies Expense (refer to appendix __) 438.00 459.90 482.90 507.04
Land Rent Expense (refer to appendix __) 1,000.00 1,000.00 1,000.00 1,000.00
Salaries and Wages (refer to appendix __) - - - -
13th Month Pay (refer to appendix __) - - - -
SSS/Pag-ibig/Philhealth Contri. (refer to appendix __) - - - -
General Suport Services (refer to appendix __) - - - -
Power Consumption (refer to appendix __) - - - -
Water Consumption (refer to appendix __) - - - -
Advertising and Promotions (refer to appendix __) - - - -
Postage and Communication (refer to appendix __) - - - -
Repairs and Maintenance (refer to appendix __) - - - -
Transportation Expense (refer to appendix __) - - - -
Taxes and Licenses (refer to appendix __) - - - -
Depreciation Expense (refer to appendix __) #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Miscellaneous Expense (refer to appendix __) 60,000.00 63,000.00 66,150.00 69,457.50
Total Operating Expenses #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Income From Operation (Before Tax) #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Income Tax 445,000.00 - - -
NET INCOME #DIV/0! #DIV/0! #DIV/0! #DIV/0!
YEAR 5

-
-
-

532.39
1,000.00
-
-
-
-
-
-
-
-
-
-
-
#DIV/0!
72,930.38
#DIV/0!

#DIV/0!
-
#DIV/0!
 Name of the Company
PROJECTED BALANCE SHEET

YEAR 0 YEAR 1 YEAR 2 YEAR 3 YEAR 4

ASSETS
Current Asset:
Cash (479,251.00) #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Total Current Asset (479,251.00) #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Non-Current Assets:
Fixed Assets 929,251.00 929,251.00 929,251.00 929,251.00 929,251.00
Less: Accumulated Depreciation #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Fixed Assets, net 929,251.00 #DIV/0! #DIV/0! #DIV/0! #DIV/0!

TOTAL ASSETS 450,000.00 #DIV/0! #DIV/0! #DIV/0! #DIV/0!

LIABILITY AND EQUITY

Liability:
Income Tax Payable 445,000.00 - - -
Total Liability - 445,000.00 - - -

Equity:
Capital Balance, beginning - 450,000.00 #DIV/0! #DIV/0! #DIV/0!
Add: Initial/Additional Investment 450,000.00 - - - -
Net Income for the Year - #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Total 450,000.00 #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Less: Withdrawals - #DIV/0! #DIV/0! #DIV/0!
Capital Balance, ending 450,000.00 #DIV/0! #DIV/0! #DIV/0! #DIV/0!

TOTAL LIABILITY AND EQUITY 450,000.00 #DIV/0! #DIV/0! #DIV/0! #DIV/0!

YEAR 5

#DIV/0!
#DIV/0!

929,251.00
#DIV/0!
#DIV/0!

#DIV/0!

-
-

#DIV/0!
-
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!

#DIV/0!
 Name of the Company
PROJECTED STATEMENT OF CASH FLOWS

YEAR 0 YEAR 1 YEAR 2 YEAR 3 YEAR 4

Cash flows from Operating Activities
Cash receipts from customers 4,872,960.00 - - -
Cash paid for:
Office Supplies Expense 438.00 459.90 482.90 507.04
Land Rent Expense 1,000.00 1,000.00 1,000.00 1,000.00
Salaries and Wages - - - -
13th Month Pay - - - -
SSS/Pag-ibig/Philhealth Contri. - - - -
Power Consumption - - - -
Water Consumption - - - -
Advertising and Promotions - - - -
Postage and Communication - - - -
Transportation Expense - - - -
Taxes and Licenses - - - -
Miscellaneous Expense 60,000.00 63,000.00 66,150.00 69,457.50
Income tax - 445,000.00 - -
Net cash provided by (used in) Operating Activities - 4,811,522.00 (509,459.90) (67,632.90) (70,964.54)

Cash flows from Investing Activities

Purchase of Fixed Assets (929,251.00) - - - -
Net cash used in Investing Activities (929,251.00) - - - -

Cash flows from Financing Activities

Initial investment 3,000,000.00 - - - -
Withdrawal of owner - #DIV/0! #DIV/0! #DIV/0!
Net cash provided by Financing Activities 3,000,000.00 - #DIV/0! #DIV/0! #DIV/0!

Net Increase (Decrease) in Cash 2,070,749.00 4,811,522.00 #DIV/0! #DIV/0! #DIV/0!

Add: Beginning Cash Balance - 2,070,749.00 6,882,271.00 #DIV/0! #DIV/0!

ENDING CASH BALANCE 2,070,749.00 6,882,271.00 #DIV/0! #DIV/0! #DIV/0!

YEAR 5

532.39
1,000.00
-
-
-
-
-
-
-
-
-
72,930.38
-
(74,462.77)

-
-

-
#DIV/0!
#DIV/0!

#DIV/0!
#DIV/0!

#DIV/0!
TABLE 1: SALES REVENUE

This refers to gross inflow of economic benefits during the period arising in the course of the ordinary activities of the business when
those inflows result in increases in equity other than increases relating to contributions form equity participants.

Product Year 1 Year 2 Year 3 Year 4 Year 5

4,872,960.00 0.00 0.00 0.00 0.00

4,872,960.00 0.00 0.00 0.00 0.00
4,872,960.00 0.00 0.00 0.00 0.00

Note: Average Farm Gate Price/Piece regardless of size.

TABLE 2: Cost of Sales
Note: Direct Materials Only
This account refers to expenses incurred for office and various supplies used in the
administration and conduct of business operation.

ITEM QUANTITY Unit UNIT PRICE TOTAL

-
-
-
-
-
-
-
-
-
-
TOTAL -

ESTIMATED
YEAR
ANNUAL EXP.
1 -
2 -
3 -
4 -
5 -

*Material expense is expected to increase by 5% per year

TABLE 3: TAXES AND LICENSES EXPENSE

This account refers to expenses incurred for taxes, fees and charges due to government
entities, both national and local.

A. MAYOR'S PERMIT
ITEM
Sanitary Permit To Operate
Mayor's Permit
MENRO
Certificate of Attendance
SWMP Certificate
Cedula
Police Clearance Certificate
Fire Safety Inspection Certificate

TOTAL

EST. ANNUAL
YEAR
EXPENSE
1 -
2 -
3 -
4 -
5 -

* Mayor's permit is expected to increase by 10% annually

B. VALUE ADDED TAX

OUTPUT INPUT
YEAR
VAT VAT
1 584,755.20 -
2 - -
3 - -
4 - -
5 - -
arges due to government

AMOUNT

pected to increase by 10% annually

VAT PAYABLE
584,755.20
-
-
-
-
TABLE 4: SCHEDULE OF FIXED ASSETS

A. FIXED ASSETS

This account refers to the cost of movable (furniture), immovable (fixtures) properties
and office equipment used in the ordinary course of business such as but not limited to
desks, chairs, cabinets, computers, vaults, including incidental expenses incurred in acquiring
them, up to the time they are received and ready for use.

B. ACCUMULATED DEPRECIATION

This account refers to the total amount of depreciation on furniture, fixtures and office equipment
that are set up periodically and charged against current operations.
Buildings & MACHINE QUANTITY Unit of Measure UNIT COST TOTAL COST
LIFE SPAN
TABLE 5: PROVISION FOR INCOME TAX

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Net Income #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Taxable Income #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

TAX DUE 445,000.00 - - - -

TAX TABLE:
SCHEDULE 1 OF SALARIES AND WAGES

NO. OF RATE PER

POSITION
WORKERS Rate Per Day MONTH
Owner/Manager
Operational Staff
Financial Consultant
Driver

TOTAL

RATE PER NUMBER OF

YEAR TOTAL
MONTH MONTHS
1 - 12 -
2 - 12 -
3 - 12 -
4 - 12 -
5 - 12 -
6 - 12 -
7 - 12 -
8 - 12 -
9 - 12 -
10 - 12 -

* Salaries and wages is expected to increase 5% annually

* Employees will also be receiving 13th month salary annually equivalent
to its latest rate per month

SCHEDULE 2 OF SSS, PHILHEALTH AND PAG-IBIG CONTRIBUTION

E M P L O Y E R'S S H A R E
POSITION SSS PHILHEALTH PAG-IBIG
Owner/Manager
Operational
Staff/Caretaker

TOTAL

Average Monthly
YEAR
Contribution Number of Months TOTAL
1 - 12 -
2 - 12 -
3 - 12 -
4 - 12 -
5 - 12 -
6 - 12 -
7 - 12 -
8 - 12 -
9 - 12 -
10 - 12 -

SCHEDULE 3 OF GENERAL SUPPORT SERVICES

 NO. OF RATE PER
POSITION TOTAL
WORKERS MONTH
Security Guard 0 -
TOTAL - -

RATE PER NUMBER OF

YEAR TOTAL
MONTH MONTHS
1 - 12 -
2 - 12 -
3 - 12 -
4 - 12 -
5 - 12 -
6 - 12 -
7 - 12 -
8 - 12 -
9 - 12 -
10 - 12 -

* General support services are expected to increase by 5% annually

SCHEDULE 4 OF POWER CONSUMPTION

YEAR Average Monthly Number Of Months TOTAL

Consumption
1 12 -
2 12 -
3 12 -
4 12 -
5 12 -
6 12 -
7 12 -
8 12 -
9 12 -
10 12 -
*Power consumption is expected to increase by 5% annually

SCHEDULE 5 OF WATER CONSUMPTION

YEAR
AVERAGE MONTHLY Number of Months TOTAL
1 12 -
2 12 -
3 12 -
4 12 -
 5 12 -
6 12 -
7 12 -
8 12 -
9 12 -
10 12 -

*Water consumption is expected to increase by 5% annually

SCHEDULE 6 OF ADVERTISING EXPENSES

NATURE OF NUMBER OF
TOTAL
ADVERTISEMENT MONTHLY MONTHS

12 -
-
TOTAL -

`
ESTIMATED ANNUAL
YEAR
EXP.

1 -
2 -
3 -
4 -
5 -
6 -
7 -
8 -
9 -
10 -
* Advertising expense is expected to increase by 5% per year

SCHEDULE 7 OF POSTAGE AND COMMUNICATION

YEAR TOTAL
EST. MONTHLY BILLING NUMBER OF MONTHS
1 12 -
2 12 -
3 12 -
4 12 -
5 12 -
6 12 -
 7 12 -
8 12 -
9 12 -
10 12 -

* Postage and communication expense is expected to increase by 5% per year.

SCHEDULE 8 REPAIRS AND MAINTENANCE

EST. MONTHLY
YEAR NUMBER OF MONTHS TOTAL
EXPENSES

1 12 -
2 - 12 -
3 - 12 -
4 - 12 -
5 - 12 -
6 - 12 -
7 - 12 -
8 - 12 -
9 - 12 -
10 - 12 -

* Repair and maintenance expense is expected to increase by 5% annually.

SCHEDULE 9 TRANSPORTATION EXPENSE

AVERAGE MONTHLY
YEAR Number of Months TOTAL
EXPENSES

1 12 -
2 ₱ - 12 -
3 ₱ - 12 -
4 ₱ - 12 -
5 ₱ - 12 -
6 ₱ - 12 -
7 ₱ - 12 -
8 ₱ - 12 -
9 ₱ - 12 -
10 ₱ - 12 -

*Transportation expense is expected to increase by 5% per year

SCHEDULE 10 OFFICE SUPPLIES EXPENSE

This account refers to expenses incurred for office and various supplies used in the
administration and conduct of business operation.

ITEM QUANTITY Unit UNIT PRICE

Correction Fluid 1 Piece 14.00
Stapler Wire 1 Item 26.00
Receipt 20 item 15.00
Folder 5 Piece 5.00
Record Book 1 Piece 63.00
Ball pen 2 Piece 5.00

TOTAL

YEAR

1
2
3
4
5

*Material expense is expected to increase by 5% per year

SCHEDULE 11 MISCELLANEOUS EXPENSES

YEAR EST. MONTHLY NUMBER OF MONTHS TOTAL

EXPENSES
1 ₱ 5,000.00 12 60,000.00
2 ₱ 5,250.00 12 63,000.00
3 ₱ 5,512.50 12 66,150.00
4 ₱ 5,788.13 12 69,457.50
5 ₱ 6,077.53 12 72,930.38
6 ₱ 6,381.41 12 76,576.89
7 ₱ 6,700.48 12 80,405.74
8 ₱ 7,035.50 12 84,426.03
9 ₱ 7,387.28 12 88,647.33
10 ₱ 7,756.64 12 93,079.69

* Miscellaneous expense is expected to increase 5% annually

 TOTAL

-
-

S H A R E
No. of Workers Total
-

-
in the

TOTAL
14.00
 26.00
300.00
25.00
63.00
10.00
-
-
-
-
438.00

ESTIMATED
ANNUAL EXP.
438.00
459.90
482.90
507.04
532.39
 INTERNAL RATE OF RETURN (IRR)

Initial Investment (450,000.00)

Net Income for the 1st year #DIV/0!
Net Income for the 2nd year #DIV/0!
Net Income for the 3rd year #DIV/0!
Net Income for the 4th year #DIV/0!
Net Income for the 5th year #DIV/0!

IRR (after 10 years) #DIV/0!

 FINANCIAL RATIOS ANALYSIS
PROFITABILITY RATIOS
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
NET PROFIT MARGIN
Net Income #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Net Sales 4,872,960.00 - - - -
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
RETURN ON TOTAL ASSETS
Net Income #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Average Total Assets #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

RETURN ON EQUITY
Net Income #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Owner's Equity #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

OPERATING MARGIN
EBIT #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Revenues 4,872,960.00 - - - -

#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

FIXED ASSET TO TOTAL
EQUITY
Fixed Asset 929,251.00 929,251.00 929,251.00 929,251.00 929,251.00
Total Equity #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

RETURN ON INVESTMENT

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Net Income after Tax #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Total Investment 450,000.00 450,000.00 450,000.00 450,000.00 450,000.00

#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

 Name of the Company
PROJECTED STATEMENT OF CASH FLOWS

YEAR 0 YEAR 1 YEAR 2 YEAR 3 YEAR 4

Initial Investment 450,000.00 - - - -

Cash Balance, Beginning - (479,251.00) #DIV/0! #DIV/0! #DIV/0!
Cash Receipt from revenues - 4,872,960.00 - - -
TOTAL CASH INFLOWS 450,000.00 4,393,709.00 #DIV/0! #DIV/0! #DIV/0!

Fixed Assets Acquisition 929,251.00

Owner's drawing - #DIV/0! #DIV/0! #DIV/0!
Operating Expenses* - #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Provision for Income Tax - 445,000.00 - -
TOTAL CASH OUTFLOWS 929,251.00 #DIV/0! #DIV/0! #DIV/0! #DIV/0!

CASH BALANCE, ENDING (479,251.00) #DIV/0! #DIV/0! #DIV/0! #DIV/0!

*Operating expenses exclude depreciation

YEAR 5

-
#DIV/0!
-
#DIV/0!

#DIV/0!
#DIV/0!
-
#DIV/0!

#DIV/0!
 Financial Study
The financial aspects simplifies a projected description unto how will the
business performed, it may either with profit or loss. This aspects exhibits projected
financial statements and others that may serves as supporting information for the
project income statements.

Major Assumption
The researcher uses the following assumptions for the preparation of the
financial statement. This are the assumption made by the researchers:
1. The Income statement, Balance sheet and Cash Flow will be projected in 5 years.
2. Farm gate price per egg expected to increase 5% annually.
3. No increase for 5 years in land rental.
4. The straight-line method is used to depreciate fixed assets except for the land.
5. Supplies and materials are expected to increase 5% annually.
6. Permits and licenses expected to increase by 10% annually.
7. Operating expenses exclude depreciations.
8. Salaries and wages expected to increase 5% annually.
9. Employees benefit is composed of SSS, Phil Health and Pag – Ibig contributions.
10.Employees will also be receiving the 13th month salary annually, equivalent to its
latest rate per month.
11.General support services are expected to increase 5% annually.
12.Power consumptions are expected to increase 5% annually.