Financial Aspect

Financial Assumptions

1. The incorporators contribute equal amount of investment to the corporation. The

5 incorporators will make an initial investment amounting to P4,000,000.00 each.
2. Office Supplies, Production Supplies, Clinical Supplies, Janitorial Supplies and
Utilities expenses are expected to increase 5% every year.
3. All depreciable assets for property, plant and equipment are depreciated using
Straight line method of depreciation over its useful life.
4. Salaries expense are held constant.
5. Withholding tax payable are computed per employee and total withholdings are
expected to be remitted on a monthly basis.
6. Raw materials are purchased on cash basis.
7. Income tax rate is at 25%.
8. Utilities expense is allocated by 70% for Production and 30% for Admin.
9. Projected Quantity on Items sold for sales revenue is based on the proposed
volume as presented in marketing.
10. Sales on products are sold on cash basis.

Source of Financing

The ownership of the company is created in the form of corporation, specifically a

closed corporation and is limited only among the investors. The incorporators are willing
to put up straight cash totaling to P20,000,000.00. The project cost amounting to
P20,000,000.00 will be used as a start-up capital for the proposed business venture.

Projected Cost

The total cost of the proposed project is estimate to be around ₱20,000,000.00

which will be used to acquire resources such as equipment, machineries, and for the
 payment for permits, licenses, and fees to legally operate the business. Estimated
projects cost is presented hereunder:

Project Cost Amount

Capital Expenditures
Land 1,752,840.00
Buildings 10,384,755.67
Production Machineries 1,482,888.20
Transpo and Heavy Equipment 1,350,000.00
Office Equipment 797,994.00
Furniture and Fixture - Office 96,495.00
Pre-operating Expenses
Purchase of Raw Materials 221,340.00
Purchase of Packaging Materials 120,000.00
Salaries and Wages 1,760,257.20
SSS Contrib. Expense - Employer Share 139,770.00
PHIC Contrib. Expense - Employer Share 48,450.00
PAG-IBIG Contrib. Expense - Employer Share 38,760.00
BIR Withholding Remittances 761.40
Utility Expense 110,829.76
Business permits and licenses 58,880.00 2,499,048.36
Cash on Hand Beg. of Operations 1,635,978.77
Total 20,000,000.00
Projected Financial Statements

Projected Statement of Financial Performance

A.Q.U.A. Solutions Inc.

Projected Statement of Financial Performance
Five-Year Period

Notes Pre-Op Year 0 Year 1 Year 2 Year 3 Year 4 Year 5

Revenue
Sales 1 25,569,259.00 26,591,710.00 27,655,578.00 28,761,861.00 29,912,056.00
Total Revenue 25,569,259.00 26,591,710.00 27,655,578.00 28,761,861.00 29,912,056.00
Less: Cost of Goods Sold
Cost of Goods Sold 2 12,854,165.96 13,225,552.12 13,699,880.69 14,170,884.12 14,650,330.38
Gross Operating Profit - 12,715,093.04 13,366,157.88 13,955,697.31 14,590,976.88 15,261,725.62
Less: Adminstrative Expenses
Salaries and Wages 3 1,938,000.00 5,628,000.00 5,628,000.00 5,628,000.00 5,628,000.00 5,628,000.00
13th Month pay 4 969,000.00 969,000.00 969,000.00 969,000.00 969,000.00
SSS Contrib. Expense - Employer Share 5 190,530.00 565,500.00 565,500.00 565,500.00 565,500.00 565,500.00
PHIC Contrib. Expense - Employer Share 6 48,450.00 140,700.00 140,700.00 140,700.00 140,700.00 140,700.00
PAG-IBIG Contrib. Expense - Employer Share 7 38,760.00 112,560.00 112,560.00 112,560.00 112,560.00 112,560.00
Office Supplies 8 83,125.25 87,281.51 91,645.59 96,227.87 101,039.26
Clinical Supplies 9 19,470.00 20,443.50 21,465.68 22,538.96 23,665.91
Cleaning Supplies 10 32,010.00 33,610.50 35,291.03 37,055.58 38,908.36
Utility Expense 11 110,829.76 199,493.57 209,468.24 219,941.66 230,938.74 242,485.68
Business permits and licenses 12 58,880.00 56,380.00 56,380.00 56,380.00 56,380.00 56,380.00
Depreciation Expense
Buildings 13 346,158.52 346,158.52 346,158.52 346,158.52 346,158.52
Office Equipment 14 159,598.80 159,598.80 159,598.80 159,598.80 159,598.80
Transpo and Heavy Equipment 15 270,000.00 270,000.00 270,000.00 270,000.00 270,000.00
Furniture and Fixture - Office 16 19,299.00 19,299.00 19,299.00 19,299.00 19,299.00
Total Expense 2,385,449.76 8,601,295.14 8,618,000.08 8,635,540.27 8,653,957.46 8,673,295.52
Net Income before Tax (2,385,449.76) 4,113,797.90 4,748,157.80 5,320,157.04 5,937,019.41 6,588,430.10
Income Tax (25%) 1,028,449.47 1,187,039.45 1,330,039.26 1,484,254.85 1,647,107.52
Net Income After Tax (2,385,449.76) 3,085,348.42 3,561,118.35 3,990,117.78 4,452,764.56 4,941,322.57
12.07% 13.39% 14.43% 15.48% 16.52%
Projected Statement of Financial Position

A.Q.U.A. Solutions Inc.

Porjected Statement of Financial Position
Five-Year Period

Notes Pre-Op Year 0 Year 1 Year 2 Year 3 Year 4 Year 5

ASSET
Curent Assets
Cash and Cash Equivalent ₱ 1,635,978.77 ₱ 4,161,646.86 ₱ 7,290,969.41 ₱ 11,292,383.84 ₱ 16,201,546.90 ₱ 22,050,732.72
Raw Materials Inventory 17 221,340.00 425,832.80 630,325.60 834,818.40 1,039,311.20 1,243,804.00
Indirect Materials Inventory 18 120,000.00 121,152.00 182,304.00 182,304.00 182,304.00 182,304.00
Finished Goods Inventory 19 - 1,702,781.86 3,000,214.32 3,911,808.80 4,381,105.35 4,401,096.44
Total Curent Assets 1,977,318.77 6,411,413.53 11,103,813.33 16,221,315.03 21,804,267.45 27,877,937.16

Non-Curent Assets (Net of Depreciation)

Property, Plant and Equipment 20
Land 1,752,840.00 1,752,840.00 1,752,840.00 1,752,840.00 1,752,840.00 1,752,840.00
Buildings 10,384,755.67 10,038,597.15 9,692,438.63 9,346,280.10 9,000,121.58 8,653,963.06
Production Machineries 1,482,888.20 1,186,310.56 889,732.92 593,155.28 296,577.64 -
Transpo and Heavy Equipment 1,350,000.00 1,080,000.00 810,000.00 540,000.00 270,000.00 -
Office Equipment 797,994.00 638,395.20 478,796.40 319,197.60 159,598.80 -
Furniture and Fixture - Office 96,495.00 77,196.00 57,897.00 38,598.00 19,299.00 -
Total Non-Curent Assets 15,864,972.87 14,773,338.91 13,681,704.95 12,590,070.98 11,498,437.02 10,406,803.06
TOTAL ASSETS ₱ 17,842,291.64 ₱ 21,184,752.43 ₱ 24,785,518.28 ₱ 28,811,386.02 ₱ 33,302,704.47 ₱ 38,284,740.22

LIABILITIES AND OWNER'S EQUITY

Current Liabilities
Accounts Payable ₱ - ₱ - ₱ - ₱ - ₱ - ₱ -
SSS Contrib. Contribution Payables 21 139,770.00 139,770.00 139,770.00 139,770.00 139,770.00 139,770.00
PHIC Contribution Payables 22 48,450.00 48,450.00 48,450.00 48,450.00 48,450.00 48,450.00
PAG-IBIG Contribution Payables 23 38,760.00 38,760.00 38,760.00 38,760.00 38,760.00 38,760.00
Withholding Tax Payable 24 761.40 761.40 761.40 761.40 761.40 761.40
Income Tax Payable 25 - 257,112.37 296,759.86 332,509.82 371,063.71 411,776.88
Total Curent Liabilities 227,741.40 484,853.77 524,501.26 560,251.22 598,805.11 639,518.28

Non-Current Liabilities
Other Payables 0.00 0.00 0.00 0.00 0.00 0.00
Total Non-Curent Liabilities 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL LIABILITIES 227,741.40 484,853.77 524,501.26 560,251.22 598,805.11 639,518.28

OWNER'S EQUITY
Equity, Beg. 20,000,000.00 17,614,550.24 20,699,898.67 24,261,017.02 28,251,134.80 32,703,899.36
Add (Less):
Income / (Loss) (2,385,449.76) 3,085,348.42 3,561,118.35 3,990,117.78 4,452,764.56 4,941,322.57
Equity, End. 17,614,550.24 20,699,898.67 24,261,017.02 28,251,134.80 32,703,899.36 37,645,221.93
TOTAL LIABILITIES AND OWNER'S EQUITY ₱ 17,842,291.64 ₱ 21,184,752.44 ₱ 24,785,518.28 ₱ 28,811,386.02 ₱ 33,302,704.47 ₱ 38,284,740.22
Projected Statement of Cash Flows

A.Q.U.A. Solutions Inc.

Projected Statement of Cash Flows
Five-Year Period

Notes Pre-Op Year 0 Year 1 Year 2 Year 3 Year 4 Year 5

Cash Flow from Operating Activities:
Cash Inflows:
Collection from Sales - 25,569,259.00 26,591,710.00 27,655,578.00 28,761,861.00 29,912,056.00
Total Cash Inflows - 25,569,259.00 26,591,710.00 27,655,578.00 28,761,861.00 29,912,056.00
Cash Outflows:
Purchase of Raw Materials 221,340.00 6,377,600.00 6,377,600.00 6,377,600.00 6,377,600.00 6,377,600.00
Purchase of Packaging Materials 120,000.00 720,000.00 720,000.00 720,000.00 720,000.00 720,000.00
Payment of Salaries and Wages 26 1,760,257.20 10,561,543.20 10,561,543.20 10,561,543.20 10,561,543.20 10,561,543.20
13th Month pay 969,000.00 969,000.00 969,000.00 969,000.00 969,000.00
SSS Contrib. Contribution Remittances 139,770.00 1,677,240.00 1,677,240.00 1,677,240.00 1,677,240.00 1,677,240.00
PHIC Contribution Remittances 48,450.00 581,400.00 581,400.00 581,400.00 581,400.00 581,400.00
PAG-IBIG Contribution Remittances 38,760.00 465,120.00 465,120.00 465,120.00 465,120.00 465,120.00
BIR Withholding Remittances 761.40 9,136.80 9,136.80 9,136.80 9,136.80 9,136.80
Office Supplies - 83,125.25 87,281.51 91,645.59 96,227.87 101,039.26
Clinical Supplies - 19,470.00 20,443.50 21,465.68 22,538.96 23,665.91
Cleaning Supplies - 32,010.00 33,610.50 35,291.03 37,055.58 38,908.36
Utility Expense 110,829.76 664,978.55 698,227.48 733,138.85 769,795.80 808,285.59
Production Supplies 27 - 55,250.00 58,012.50 60,913.13 63,958.78 67,156.72
Business permits and licenses 58,880.00 56,380.00 56,380.00 56,380.00 56,380.00 56,380.00
Income Tax Remittances 771,337.11 1,147,391.96 1,294,289.31 1,445,700.96 1,606,394.36
Total Cash Outflows 2,499,048.36 23,043,590.91 23,462,387.45 23,654,163.58 23,852,697.94 24,062,870.19
Net Cash Provided(Used) from Operating Activities (2,499,048.36) 2,525,668.09 3,129,322.55 4,001,414.42 4,909,163.06 5,849,185.81
Cash Flows from Investing Activities:
Cash Inflows:
Proceeds from sale of assets 0.00 0.00 0.00 0.00 0.00 0.00
Total cash Inflows 0.00 0.00 0.00 0.00 0.00 0.00
Cash Outflows:
Purchase of Property, Plant and equipment
Land 1,752,840.00 0.00 0.00 0.00 0.00 0.00
Buildings 10,384,755.67 0.00 0.00 0.00 0.00 0.00
Production Machineries 1,482,888.20 0.00 0.00 0.00 0.00 0.00
Transpo and Heavy Equipment 1,350,000.00 0.00 0.00 0.00 0.00 0.00
Office Equipment 797,994.00 0.00 0.00 0.00 0.00 0.00
Furniture and Fixture - Office 96,495.00 0.00 0.00 0.00 0.00 0.00
Total Cash Outflows 15,864,972.87 0.00 0.00 0.00 0.00 0.00
Net Cash Provided(Used) from Investing Activities (15,864,972.87) 0.00 0.00 0.00 0.00 0.00
Cash Flows from Financing Activities
Cash Inflows:
Investments 20,000,000.00 0.00 0.00 0.00 0.00 0.00
Total Cash inflows 20,000,000.00 0.00 0.00 0.00 0.00 0.00
Cash Outflows:
Payment of Loan Amortization 12 - 0.00 0.00 0.00 0.00 0.00
Total Cash Outflows - 0.00 0.00 0.00 0.00 0.00
Net Cash Provided(Used) from Financing Activities 20,000,000.00 - - - - -
Cash provided(used) by Operating, Investing and Financing Activities1,635,978.77 2,525,668.09 3,129,322.55 4,001,414.42 4,909,163.06 5,849,185.81
Add: Cash Balance, Beg. - 1,635,978.77 4,161,646.86 7,290,969.41 11,292,383.84 16,201,546.90
Cash Balance, End 1,635,978.77 4,161,646.86 7,290,969.41 11,292,383.84 16,201,546.90 22,050,732.72
Projected Statement of Equity
A.Q.U.A. Solutions Inc.
Statement of Equity (5year period)
As of December 31

Pre-Op Year 0 Year 1 Year 2 Year 3

Equity, Beg. 20,000,000.00 17,614,550.24 20,699,898.67 24,261,017.02

Add:Retained Operating Surplus
Net Income (2,385,449.76) 3,085,348.42 3,561,118.35 3,990,117.78
Total
Add/Deduct:
Additional Investment - - - -
Withdrawals - - - -
Equity, End. 17,614,550.24 20,699,898.67 24,261,017.02 28,251,134.80

Notes to Financial Statements

A.Q.U.A. Solutions Inc.

Note 1 - Sales
Total
QTY Sold
Product Quantity Selling Price Total Sales
Daily Annually Sold

Year 1 164 51,241.00 51241 499.00 25,569,259.00

Year 2 171 53,290.00 53290 499.00 26,591,710.00
Year 3 178 55,422.00 55422 499.00 27,655,578.00
Year 4 185 57,639.00 57639 499.00 28,761,861.00
Year 5 192 59,944.00 59944 499.00 29,912,056.00
Note 2 - Cost of Goods Sold
CY 2024 CY 2025 CY 2026 CY 2027 CY 2028 CY 2029
Beg. Raw Materials 221,340.00 425,832.80 630,325.60 834,818.40 1,039,311.20
Add:
Purchases 221,340.00 6,377,600.00 6,377,600.00 6,377,600.00 6,377,600.00 6,377,600.00
Total Raw Materials Avaiable for use 221,340.00 6,598,940.00 6,803,432.80 7,007,925.60 7,212,418.40 7,416,911.20
Less:
Raw Materials End 221,340.00 425,832.80 630,325.60 834,818.40 1,039,311.20 1,243,804.00
Total Raw Materials Used in Production - 6,173,107.20 6,173,107.20 6,173,107.20 6,173,107.20 6,173,107.20
Add:
Direct Labor - 4,620,000.00 4,620,000.00 4,620,000.00 4,620,000.00 4,620,000.00
Factory Overhead .
Indirect Labor 1,380,000.00 1,380,000.00 1,380,000.00 1,380,000.00 1,380,000.00
Indirect Materials
Packaging Supplies
Beg. Packaging Supplies 120,000.00 121,152.00 182,304.00 182,304.00 182,304.00
Add:
Purchases - Packaging Supplies 120,000.00 720,000.00 720,000.00 720,000.00 720,000.00 720,000.00
Total Packaging Supplies Avaiable for use 120,000.00 840,000.00 841,152.00 902,304.00 902,304.00 902,304.00
Less:
Packaging Supplies End 120,000.00 121,152.00 182,304.00 182,304.00 182,304.00 182,304.00
Total Packaging Supplies Used - 718,848.00 658,848.00 720,000.00 720,000.00 720,000.00
Production Supplies 55,250.00 58,012.50 60,913.13 63,958.78 67,156.72
Other FOH
SSS Contrib. Expense - Employer Share 577,680.00 577,680.00 577,680.00 577,680.00 577,680.00
PHIC Contrib. Expense - Employer Share 150,000.00 150,000.00 150,000.00 150,000.00 150,000.00
PAG-IBIG Contrib. Expense - Employer Share 120,000.00 120,000.00 120,000.00 120,000.00 120,000.00
Utilities Expenses 465,484.99 488,759.24 513,197.20 538,857.06 565,799.91
Depreciaiton - Production Machineries 296,577.64 296,577.64 296,577.64 296,577.64 296,577.64
Total Manufacturing Cost 14,556,947.83 14,522,984.58 14,611,475.16 14,640,180.68 14,670,321.47
Add:
Beg. Finished Goods, Inventory - - 1,702,781.86 3,000,214.32 3,911,808.80 4,381,105.35
Less:
End. Finished Goods, Inventory
Cost of Goods Sold - 1,702,781.86 3,000,214.32 3,911,808.80 4,381,105.35 4,401,096.44
- 12,854,165.96 13,225,552.12 13,699,880.69 14,170,884.12 14,650,330.38
Note 3 - Salaries and Wages
(Salaries and Wages for CY 2024-2029)
No. of
Position Monthly Salary CY 2024 CY 2025 CY 2026 CY 2027 CY 2028 CY 2029
Personnel
(Nov-Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec)
Direct labor
Raw Materials Prep Personnel 5 12,500.00 125,000.00 750,000.00 750,000.00 750,000.00 750,000.00 750,000.00
Assembly Operator (Area 1) 5 12,500.00 125,000.00 750,000.00 750,000.00 750,000.00 750,000.00 750,000.00
Assembly Operator (Area 2) 5 12,500.00 125,000.00 750,000.00 750,000.00 750,000.00 750,000.00 750,000.00
Programmer (Area 3) 3 15,000.00 90,000.00 540,000.00 540,000.00 540,000.00 540,000.00 540,000.00
Assembly Operator (Area 4) 5 12,500.00 125,000.00 750,000.00 750,000.00 750,000.00 750,000.00 750,000.00
Quality Inspector (Area 5) 3 15,000.00 90,000.00 540,000.00 540,000.00 540,000.00 540,000.00 540,000.00
Techinician 3 15,000.00 90,000.00 540,000.00 540,000.00 540,000.00 540,000.00 540,000.00
SubTotal 0 95,000.00 770,000.00 4,620,000.00 4,620,000.00 4,620,000.00 4,620,000.00 4,620,000.00
Indirect labor 0 -
Operations Manager 1 20,000.00 40,000.00 240,000.00 240,000.00 240,000.00 240,000.00 240,000.00
Materials Handler 1 15,000.00 30,000.00 180,000.00 180,000.00 180,000.00 180,000.00 180,000.00
Production Engineer 1 20,000.00 40,000.00 240,000.00 240,000.00 240,000.00 240,000.00 240,000.00
Safety Officer 1 15,000.00 30,000.00 180,000.00 180,000.00 180,000.00 180,000.00 180,000.00
Maintenance Engineer 1 20,000.00 40,000.00 240,000.00 240,000.00 240,000.00 240,000.00 240,000.00
Maintenance Personnel 2 12,500.00 50,000.00 300,000.00 300,000.00 300,000.00 300,000.00 300,000.00
SubTotal 0 102,500.00 230,000.00 1,380,000.00 1,380,000.00 1,380,000.00 1,380,000.00 1,380,000.00
Selling and Adminsitrative 0 -
Research and Development Manger 1 20,000.00 40,000.00 240,000.00 240,000.00 240,000.00 240,000.00 240,000.00
Supply Chain and Logistics Manager 1 20,000.00 40,000.00 240,000.00 240,000.00 240,000.00 240,000.00 240,000.00
Supply Chain and Logistics Staff 1 15,000.00 30,000.00 180,000.00 180,000.00 180,000.00 180,000.00 180,000.00
Finance Accounting Manger 1 22,000.00 44,000.00 264,000.00 264,000.00 264,000.00 264,000.00 264,000.00
Finance Accounting Staff 1 15,000.00 30,000.00 180,000.00 180,000.00 180,000.00 180,000.00 180,000.00
Internal Auditor 1 20,000.00 40,000.00 240,000.00 240,000.00 240,000.00 240,000.00 240,000.00
Cashier 1 18,000.00 36,000.00 216,000.00 216,000.00 216,000.00 216,000.00 216,000.00
Sales and Marketing Manager 1 20,000.00 40,000.00 240,000.00 240,000.00 240,000.00 240,000.00 240,000.00
Marketing Staff 1 15,000.00 30,000.00 180,000.00 180,000.00 180,000.00 180,000.00 180,000.00
Online and Retailer Staff 1 15,000.00 30,000.00 180,000.00 180,000.00 180,000.00 180,000.00 180,000.00
Customer Service Representative 2 18,000.00 72,000.00 432,000.00 432,000.00 432,000.00 432,000.00 432,000.00
Human Resource Manager 1 20,000.00 40,000.00 240,000.00 240,000.00 240,000.00 240,000.00 240,000.00
IT Staff 1 15,000.00 30,000.00 180,000.00 180,000.00 180,000.00 180,000.00 180,000.00
Administrative Manager 1 20,000.00 40,000.00 240,000.00 240,000.00 240,000.00 240,000.00 240,000.00
Secuity Staff 2 12,500.00 50,000.00 300,000.00 300,000.00 300,000.00 300,000.00 300,000.00
Compnay Nurse 1 18,000.00 36,000.00 216,000.00 216,000.00 216,000.00 216,000.00 216,000.00
Service Driver 2 12,500.00 50,000.00 300,000.00 300,000.00 300,000.00 300,000.00 300,000.00
SubTotal 0 296,000.00 678,000.00 4,068,000.00 4,068,000.00 4,068,000.00 4,068,000.00 4,068,000.00
Other Executive Position 0 -
Board of Directors 3 25,000.00 150,000.00 900,000.00 900,000.00 900,000.00 900,000.00 900,000.00
CEO 1 30,000.00 60,000.00 360,000.00 360,000.00 360,000.00 360,000.00 360,000.00
Assistant Corporate Sec. 1 25,000.00 50,000.00 300,000.00 300,000.00 300,000.00 300,000.00 300,000.00
Subtotal 5 260,000.00 1,560,000.00 1,560,000.00 1,560,000.00 1,560,000.00 1,560,000.00
Grand Total 5 1,938,000.00 11,628,000.00 11,628,000.00 11,628,000.00 11,628,000.00 11,628,000.00
Summary
Direct labor 0 770,000.00 4,620,000.00 4,620,000.00 4,620,000.00 4,620,000.00 4,620,000.00
Indirect labor 0 230,000.00 1,380,000.00 1,380,000.00 1,380,000.00 1,380,000.00 1,380,000.00
Selling and Adminsitrative 0 678,000.00 4,068,000.00 4,068,000.00 4,068,000.00 4,068,000.00 4,068,000.00
Other Executive Position 5 260,000.00 1,560,000.00 1,560,000.00 1,560,000.00 1,560,000.00 1,560,000.00
Total 5 1,938,000.00 11,628,000.00 11,628,000.00 11,628,000.00 11,628,000.00 11,628,000.00
Note 4 - 13th Month pay
(13th Month Pay for CY 2024-2029)
No. of 13th Month Pay
Position Monthly Salary CY 2024 CY 2025 CY 2026 CY 2027 CY 2028 CY 2029
Personnel (100%)
(Nov-Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec)
Direct labor
Raw Materials Prep Personnel 5 12,500.00 100% 62,500.00 62,500.00 62,500.00 62,500.00 62,500.00
Assembly Operator (Area 1) 5 12,500.00 100% 62,500.00 62,500.00 62,500.00 62,500.00 62,500.00
Assembly Operator (Area 2) 5 12,500.00 100% 62,500.00 62,500.00 62,500.00 62,500.00 62,500.00
Programmer (Area 3) 3 15,000.00 100% 45,000.00 45,000.00 45,000.00 45,000.00 45,000.00
Assembly Operator (Area 4) 5 12,500.00 100% 62,500.00 62,500.00 62,500.00 62,500.00 62,500.00
Quality Inspector (Area 5) 3 15,000.00 100% 45,000.00 45,000.00 45,000.00 45,000.00 45,000.00
Techinician 3 15,000.00 100% 45,000.00 45,000.00 45,000.00 45,000.00 45,000.00
SubTotal 0 95,000.00 - 385,000.00 385,000.00 385,000.00 385,000.00 385,000.00
Indirect labor 0 -
Operations Manager 1 20,000.00 100% 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
Materials Handler 1 15,000.00 100% 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
Production Engineer 1 20,000.00 100% 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
Safety Officer 1 15,000.00 100% 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
Maintenance Engineer 1 20,000.00 100% 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
Maintenance Personnel 2 12,500.00 100% 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00
SubTotal 0 102,500.00 - 115,000.00 115,000.00 115,000.00 115,000.00 115,000.00
Selling and Adminsitrative 0 -
Research and Development Manger 1 20,000.00 100% 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
Supply Chain and Logistics Manager 1 20,000.00 100% 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
Supply Chain and Logistics Staff 1 15,000.00 100% 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
Finance Accounting Manger 1 22,000.00 100% 22,000.00 22,000.00 22,000.00 22,000.00 22,000.00
Finance Accounting Staff 1 15,000.00 100% 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
Internal Auditor 1 20,000.00 100% 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
Cashier 1 18,000.00 100% 18,000.00 18,000.00 18,000.00 18,000.00 18,000.00
Sales and Marketing Manager 1 20,000.00 100% 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
Marketing Staff 1 15,000.00 100% 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
Online and Retailer Staff 1 15,000.00 100% 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
Customer Service Representative 2 18,000.00 100% 36,000.00 36,000.00 36,000.00 36,000.00 36,000.00
Human Resource Manager 1 20,000.00 100% 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
IT Staff 1 15,000.00 100% 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
Administrative Manager 1 20,000.00 100% 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
Secuity Staff 2 12,500.00 100% 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00
Compnay Nurse 1 18,000.00 100% 18,000.00 18,000.00 18,000.00 18,000.00 18,000.00
Service Driver 2 12,500.00 100% 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00
SubTotal 0 296,000.00 - 339,000.00 339,000.00 339,000.00 339,000.00 339,000.00
Other Executive Position 0 -
Board of Directors 3 25,000.00 100% 75,000.00 75,000.00 75,000.00 75,000.00 75,000.00
CEO 1 30,000.00 100% 30,000.00 30,000.00 30,000.00 30,000.00 30,000.00
Assistant Corporate Sec. 1 25,000.00 100% 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00
Subtotal 5 - 130,000.00 130,000.00 130,000.00 130,000.00 130,000.00
Grand Total 5 - 969,000.00 969,000.00 969,000.00 969,000.00 969,000.00
Summary
Direct labor 0 - 385,000.00 385,000.00 385,000.00 385,000.00 385,000.00
Indirect labor 0 - 115,000.00 115,000.00 115,000.00 115,000.00 115,000.00
Selling and Adminsitrative 0 - 339,000.00 339,000.00 339,000.00 339,000.00 339,000.00
Other Executive Position 5 - 130,000.00 130,000.00 130,000.00 130,000.00 130,000.00
Total 5 - 969,000.00 969,000.00 969,000.00 969,000.00 969,000.00
Note 5 - SSS Contrib. Expense - Employer Share
SSS Contribution Schedule (Employer Share 2024-2029)
No. of Monthly Employee
Position Monthly Salary CY 2024 CY 2025 CY 2026 CY 2027 CY 2028 CY 2029
Personnel Deduction
(Nov-Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec)
Direct labor
Raw Materials Prep Personnel 5 12,500.00 1,197.50 11,975.00 71,850.00 71,850.00 71,850.00 71,850.00 71,850.00
Assembly Operator (Area 1) 5 12,500.00 1,197.50 11,975.00 71,850.00 71,850.00 71,850.00 71,850.00 71,850.00
Assembly Operator (Area 2) 5 12,500.00 1,197.50 11,975.00 71,850.00 71,850.00 71,850.00 71,850.00 71,850.00
Programmer (Area 3) 3 15,000.00 1,455.00 8,730.00 52,380.00 52,380.00 52,380.00 52,380.00 52,380.00
Assembly Operator (Area 4) 5 12,500.00 1,197.50 11,975.00 71,850.00 71,850.00 71,850.00 71,850.00 71,850.00
Quality Inspector (Area 5) 3 15,000.00 1,455.00 8,730.00 52,380.00 52,380.00 52,380.00 52,380.00 52,380.00
Techinician 3 15,000.00 1,455.00 8,730.00 52,380.00 52,380.00 52,380.00 52,380.00 52,380.00
SubTotal 0 95,000.00 9,155.00 74,090.00 444,540.00 444,540.00 444,540.00 444,540.00 444,540.00
Indirect labor 0 - - - - - - - -
Operations Manager 1 20,000.00 1,930.00 3,860.00 23,160.00 23,160.00 23,160.00 23,160.00 23,160.00
Materials Handler 1 15,000.00 1,455.00 2,910.00 17,460.00 17,460.00 17,460.00 17,460.00 17,460.00
Production Engineer 1 20,000.00 1,930.00 3,860.00 23,160.00 23,160.00 23,160.00 23,160.00 23,160.00
Safety Officer 1 15,000.00 1,455.00 2,910.00 17,460.00 17,460.00 17,460.00 17,460.00 17,460.00
Maintenance Engineer 1 20,000.00 1,930.00 3,860.00 23,160.00 23,160.00 23,160.00 23,160.00 23,160.00
Maintenance Personnel 2 12,500.00 1,197.50 4,790.00 28,740.00 28,740.00 28,740.00 28,740.00 28,740.00
SubTotal 0 102,500.00 9,897.50 22,190.00 133,140.00 133,140.00 133,140.00 133,140.00 133,140.00
Selling and Adminsitrative 0 - - - - - - - -
Research and Development Manger 1 20,000.00 1,930.00 3,860.00 23,160.00 23,160.00 23,160.00 23,160.00 23,160.00
Supply Chain and Logistics Manager 1 20,000.00 1,930.00 3,860.00 23,160.00 23,160.00 23,160.00 23,160.00 23,160.00
Supply Chain and Logistics Staff 1 15,000.00 1,455.00 2,910.00 17,460.00 17,460.00 17,460.00 17,460.00 17,460.00
Finance Accounting Manger 1 22,000.00 2,120.00 4,240.00 25,440.00 25,440.00 25,440.00 25,440.00 25,440.00
Finance Accounting Staff 1 15,000.00 1,455.00 2,910.00 17,460.00 17,460.00 17,460.00 17,460.00 17,460.00
Internal Auditor 1 20,000.00 1,930.00 3,860.00 23,160.00 23,160.00 23,160.00 23,160.00 23,160.00
Cashier 1 18,000.00 1,740.00 3,480.00 20,880.00 20,880.00 20,880.00 20,880.00 20,880.00
Sales and Marketing Manager 1 20,000.00 1,930.00 3,860.00 23,160.00 23,160.00 23,160.00 23,160.00 23,160.00
Marketing Staff 1 15,000.00 1,455.00 2,910.00 17,460.00 17,460.00 17,460.00 17,460.00 17,460.00
Online and Retailer Staff 1 15,000.00 1,455.00 2,910.00 17,460.00 17,460.00 17,460.00 17,460.00 17,460.00
Customer Service Representative 2 18,000.00 1,740.00 6,960.00 41,760.00 41,760.00 41,760.00 41,760.00 41,760.00
Human Resource Manager 1 20,000.00 1,930.00 3,860.00 23,160.00 23,160.00 23,160.00 23,160.00 23,160.00
IT Staff 1 15,000.00 1,455.00 2,910.00 17,460.00 17,460.00 17,460.00 17,460.00 17,460.00
Administrative Manager 1 20,000.00 1,930.00 3,860.00 23,160.00 23,160.00 23,160.00 23,160.00 23,160.00
Secuity Staff 2 12,500.00 1,197.50 4,790.00 28,740.00 28,740.00 28,740.00 28,740.00 28,740.00
Compnay Nurse 1 18,000.00 1,740.00 3,480.00 20,880.00 20,880.00 20,880.00 20,880.00 20,880.00
Service Driver 2 12,500.00 1,197.50 4,790.00 28,740.00 28,740.00 28,740.00 28,740.00 28,740.00
SubTotal 0 296,000.00 28,590.00 65,450.00 392,700.00 392,700.00 392,700.00 392,700.00 392,700.00
Other Executive Position 0 - - - - - - - -
Board of Directors 3 25,000.00 2,880.00 17,280.00 103,680.00 103,680.00 103,680.00 103,680.00 103,680.00
CEO 1 30,000.00 2,880.00 5,760.00 34,560.00 34,560.00 34,560.00 34,560.00 34,560.00
Assistant Corporate Sec. 1 25,000.00 2,880.00 5,760.00 34,560.00 34,560.00 34,560.00 34,560.00 34,560.00
SubTotal 5 80,000.00 8,640.00 28,800.00 172,800.00 172,800.00 172,800.00 172,800.00 172,800.00
TOTAL 5 573,500.00 56,282.50 190,530.00 1,143,180.00 1,143,180.00 1,143,180.00 1,143,180.00 1,143,180.00

Note 6 - PHIC Contrib. Expense - Employer Share

 PHIC Contribution Schedule (Employer Share 2024-2029)
No. of Monthly Employee
Position Monthly Salary CY 2024 CY 2025 CY 2026 CY 2027 CY 2028 CY 2029
Personnel Deduction
(Nov-Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec)
Direct labor
Raw Materials Prep Personnel 5 12,500.00 312.50 3,125.00 18,750.00 18,750.00 18,750.00 18,750.00 18,750.00
Assembly Operator (Area 1) 5 12,500.00 312.50 3,125.00 18,750.00 18,750.00 18,750.00 18,750.00 18,750.00
Assembly Operator (Area 2) 5 12,500.00 312.50 3,125.00 18,750.00 18,750.00 18,750.00 18,750.00 18,750.00
Programmer (Area 3) 3 15,000.00 375.00 2,250.00 13,500.00 13,500.00 13,500.00 13,500.00 13,500.00
Assembly Operator (Area 4) 5 12,500.00 312.50 3,125.00 18,750.00 18,750.00 18,750.00 18,750.00 18,750.00
Quality Inspector (Area 5) 3 15,000.00 375.00 2,250.00 13,500.00 13,500.00 13,500.00 13,500.00 13,500.00
Techinician 3 15,000.00 375.00 2,250.00 13,500.00 13,500.00 13,500.00 13,500.00 13,500.00
SubTotal 0 95,000.00 2,375.00 19,250.00 115,500.00 115,500.00 115,500.00 115,500.00 115,500.00
Indirect labor 0 - - - - - - - -
Operations Manager 1 20,000.00 500.00 1,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
Materials Handler 1 15,000.00 375.00 750.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00
Production Engineer 1 20,000.00 500.00 1,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
Safety Officer 1 15,000.00 375.00 750.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00
Maintenance Engineer 1 20,000.00 500.00 1,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
Maintenance Personnel 2 12,500.00 312.50 1,250.00 7,500.00 7,500.00 7,500.00 7,500.00 7,500.00
SubTotal 0 102,500.00 2,562.50 5,750.00 34,500.00 34,500.00 34,500.00 34,500.00 34,500.00
Selling and Adminsitrative 0 - - - - - - - -
Research and Development Manger 1 20,000.00 500.00 1,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
Supply Chain and Logistics Manager 1 20,000.00 500.00 1,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
Supply Chain and Logistics Staff 1 15,000.00 375.00 750.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00
Finance Accounting Manger 1 22,000.00 550.00 1,100.00 6,600.00 6,600.00 6,600.00 6,600.00 6,600.00
Finance Accounting Staff 1 15,000.00 375.00 750.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00
Internal Auditor 1 20,000.00 500.00 1,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
Cashier 1 18,000.00 450.00 900.00 5,400.00 5,400.00 5,400.00 5,400.00 5,400.00
Sales and Marketing Manager 1 20,000.00 500.00 1,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
Marketing Staff 1 15,000.00 375.00 750.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00
Online and Retailer Staff 1 15,000.00 375.00 750.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00
Customer Service Representative 2 18,000.00 450.00 1,800.00 10,800.00 10,800.00 10,800.00 10,800.00 10,800.00
Human Resource Manager 1 20,000.00 500.00 1,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
IT Staff 1 15,000.00 375.00 750.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00
Administrative Manager 1 20,000.00 500.00 1,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
Secuity Staff 2 12,500.00 312.50 1,250.00 7,500.00 7,500.00 7,500.00 7,500.00 7,500.00
Compnay Nurse 1 18,000.00 450.00 900.00 5,400.00 5,400.00 5,400.00 5,400.00 5,400.00
Service Driver 2 12,500.00 312.50 1,250.00 7,500.00 7,500.00 7,500.00 7,500.00 7,500.00
SubTotal 0 296,000.00 7,400.00 16,950.00 101,700.00 101,700.00 101,700.00 101,700.00 101,700.00
Other Executive Position 0 - - - - - - - -
Board of Directors 3 25,000.00 625.00 3,750.00 22,500.00 22,500.00 22,500.00 22,500.00 22,500.00
CEO 1 30,000.00 750.00 1,500.00 9,000.00 9,000.00 9,000.00 9,000.00 9,000.00
Assistant Corporate Sec. 1 25,000.00 625.00 1,250.00 7,500.00 7,500.00 7,500.00 7,500.00 7,500.00
SubTotal 5 80,000.00 2,000.00 6,500.00 39,000.00 39,000.00 39,000.00 39,000.00 39,000.00
TOTAL 5 573,500.00 14,337.50 48,450.00 290,700.00 290,700.00 290,700.00 290,700.00 290,700.00

Note 7 - PAG-IBIG Contrib. Expense - Employer Share

 HDMF Contribution Schedule (Employer Share 2024-2029)
No. of Monthly Employee
Position Monthly Salary CY 2024 CY 2025 CY 2026 CY 2027 CY 2028 CY 2029
Personnel Deduction
(Nov-Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec) (Jan - Dec)
Direct labor
Raw Materials Prep Personnel 5 12,500.00 250.00 2,500.00 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
Assembly Operator (Area 1) 5 12,500.00 250.00 2,500.00 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
Assembly Operator (Area 2) 5 12,500.00 250.00 2,500.00 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
Programmer (Area 3) 3 15,000.00 300.00 1,800.00 10,800.00 10,800.00 10,800.00 10,800.00 10,800.00
Assembly Operator (Area 4) 5 12,500.00 250.00 2,500.00 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
Quality Inspector (Area 5) 3 15,000.00 300.00 1,800.00 10,800.00 10,800.00 10,800.00 10,800.00 10,800.00
Techinician 3 15,000.00 300.00 1,800.00 10,800.00 10,800.00 10,800.00 10,800.00 10,800.00
SubTotal 0 95,000.00 1,900.00 15,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00
Indirect labor 0 - - - - - - - -
Operations Manager 1 20,000.00 400.00 800.00 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00
Materials Handler 1 15,000.00 300.00 600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00
Production Engineer 1 20,000.00 400.00 800.00 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00
Safety Officer 1 15,000.00 300.00 600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00
Maintenance Engineer 1 20,000.00 400.00 800.00 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00
Maintenance Personnel 2 12,500.00 250.00 1,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
SubTotal 0 102,500.00 2,050.00 4,600.00 27,600.00 27,600.00 27,600.00 27,600.00 27,600.00
Selling and Adminsitrative 0 - - - - - - - -
Research and Development Manger 1 20,000.00 400.00 800.00 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00
Supply Chain and Logistics Manager 1 20,000.00 400.00 800.00 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00
Supply Chain and Logistics Staff 1 15,000.00 300.00 600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00
Finance Accounting Manger 1 22,000.00 440.00 880.00 5,280.00 5,280.00 5,280.00 5,280.00 5,280.00
Finance Accounting Staff 1 15,000.00 300.00 600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00
Internal Auditor 1 20,000.00 400.00 800.00 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00
Cashier 1 18,000.00 360.00 720.00 4,320.00 4,320.00 4,320.00 4,320.00 4,320.00
Sales and Marketing Manager 1 20,000.00 400.00 800.00 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00
Marketing Staff 1 15,000.00 300.00 600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00
Online and Retailer Staff 1 15,000.00 300.00 600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00
Customer Service Representative 2 18,000.00 360.00 1,440.00 8,640.00 8,640.00 8,640.00 8,640.00 8,640.00
Human Resource Manager 1 20,000.00 400.00 800.00 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00
IT Staff 1 15,000.00 300.00 600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00
Administrative Manager 1 20,000.00 400.00 800.00 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00
Secuity Staff 2 12,500.00 250.00 1,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
Compnay Nurse 1 18,000.00 360.00 720.00 4,320.00 4,320.00 4,320.00 4,320.00 4,320.00
Service Driver 2 12,500.00 250.00 1,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
SubTotal 0 296,000.00 5,920.00 13,560.00 81,360.00 81,360.00 81,360.00 81,360.00 81,360.00
Other Executive Position 0 - - - - - - - -
Board of Directors 3 25,000.00 500.00 3,000.00 18,000.00 18,000.00 18,000.00 18,000.00 18,000.00
CEO 1 30,000.00 600.00 1,200.00 7,200.00 7,200.00 7,200.00 7,200.00 7,200.00
Assistant Corporate Sec. 1 25,000.00 500.00 1,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
SubTotal 5 80,000.00 1,600.00 5,200.00 31,200.00 31,200.00 31,200.00 31,200.00 31,200.00
TOTAL 5 573,500.00 11,470.00 38,760.00 232,560.00 232,560.00 232,560.00 232,560.00 232,560.00

Note 8 - Office Supplies

 Office Supplies QTY Unit Cost Total Cost CY 2025 CY 2026 CY 2027 CY 2028 CY 2029
Double A Copy Paper A4 70GSM 15 350.00 5,250.00 5,250.00 5,512.50 5,788.13 6,077.53 6,381.41
Ballpen 100 9.50 950.00 950.00 997.50 1,047.38 1,099.74 1,154.73
Bulletin Board 5 300.00 1,500.00 1,500.00 1,575.00 1,653.75 1,736.44 1,823.26
Calculator 10 220.00 2,200.00 2,200.00 2,310.00 2,425.50 2,546.78 2,674.11
Record Book 10 200.00 2,000.00 2,000.00 2,100.00 2,205.00 2,315.25 2,431.01
Official Receipt 5 1,500.00 7,500.00 7,500.00 7,875.00 8,268.75 8,682.19 9,116.30
Paper Shredder 2 4,000.00 8,000.00 8,000.00 8,400.00 8,820.00 9,261.00 9,724.05
Printer Ink Cartridge 10 550.00 5,500.00 5,500.00 5,775.00 6,063.75 6,366.94 6,685.28
Staplers 10 150.00 1,500.00 1,500.00 1,575.00 1,653.75 1,736.44 1,823.26
Tape 15 60.00 900.00 900.00 945.00 992.25 1,041.86 1,093.96
Wall Clock 5 299.00 1,495.00 1,495.00 1,569.75 1,648.24 1,730.65 1,817.18
Whiteboard Marker 20 30.00 600.00 600.00 630.00 661.50 694.58 729.30
Scissors 10 80.00 800.00 800.00 840.00 882.00 926.10 972.41
Rulers 10 25.00 250.00 250.00 262.50 275.63 289.41 303.88
Paper clips 10 60.00 600.00 600.00 630.00 661.50 694.58 729.30
Pencils 100 10.00 1,000.00 1,000.00 1,050.00 1,102.50 1,157.63 1,215.51
Logbook 5 98.00 490.00 490.00 514.50 540.23 567.24 595.60
Pencil sharpeners 10 30.00 300.00 300.00 315.00 330.75 347.29 364.65
Puncher 10 100.00 1,000.00 1,000.00 1,050.00 1,102.50 1,157.63 1,215.51
Eraser 5 6.25 31.25 31.25 32.81 34.45 36.18 37.98
Extension Cord 5 180.00 900.00 900.00 945.00 992.25 1,041.86 1,093.96
Glue 20 32.00 640.00 640.00 672.00 705.60 740.88 777.92
Ink Cartridges(All 4 Colors) 3 1,588.00 4,764.00 4,764.00 5,002.20 5,252.31 5,514.93 5,790.67
Masking Tape 30 15.00 450.00 450.00 472.50 496.13 520.93 546.98
Mouse pad 25 15.00 375.00 375.00 393.75 413.44 434.11 455.81
Permanent Marker 30 32.00 960.00 960.00 1,008.00 1,058.40 1,111.32 1,166.89
Emergency Lights 5 750.00 3,750.00 3,750.00 3,937.50 4,134.38 4,341.09 4,558.15
Fire Extinguishers 5 1,100.00 5,500.00 5,500.00 5,775.00 6,063.75 6,366.94 6,685.28
Fire Alarms 5 1,000.00 5,000.00 5,000.00 5,250.00 5,512.50 5,788.13 6,077.53
Exhaust Fans 5 1,099.00 5,495.00 5,495.00 5,769.75 6,058.24 6,361.15 6,679.21
Smoke Detectors 10 400.00 4,000.00 4,000.00 4,200.00 4,410.00 4,630.50 4,862.03
Lighting Tubes and Bulbs 25 99.00 2,475.00 2,475.00 2,598.75 2,728.69 2,865.12 3,008.38
Puncher 50 139.00 6,950.00 6,950.00 7,297.50 7,662.38 8,045.49 8,447.77
Total 14,526.75 83,125.25 83,125.25 87,281.51 91,645.59 96,227.87 101,039.26

Note 9 - Clinical Supplies

 Clinical Supplies QTY Unit Cost Total Cost Year 1 Year 2 Year 3 Year 4 Year 5
Alcohols (gal) 10 300.00 3,000.00 3,000.00 3,150.00 3,307.50 3,472.88 3,646.52
Gloves 100 15.00 1,500.00 1,500.00 1,575.00 1,653.75 1,736.44 1,823.26
Face Masks 100 5.00 500.00 500.00 525.00 551.25 578.81 607.75
Blood Pressure Kit 2 2,000.00 4,000.00 4,000.00 4,200.00 4,410.00 4,630.50 4,862.03
First Aid Kid 5 300.00 1,500.00 1,500.00 1,575.00 1,653.75 1,736.44 1,823.26
Hand Saniters (500ml) 10 200.00 2,000.00 2,000.00 2,100.00 2,205.00 2,315.25 2,431.01
Compress (Hot/Cold) 2 250.00 500.00 500.00 525.00 551.25 578.81 607.75
Pillows 4 300.00 1,200.00 1,200.00 1,260.00 1,323.00 1,389.15 1,458.61
Blanket 3 350.00 1,050.00 1,050.00 1,102.50 1,157.63 1,215.51 1,276.28
Stethoscope 2 1,000.00 2,000.00 2,000.00 2,100.00 2,205.00 2,315.25 2,431.01
Thermometer 3 200.00 600.00 600.00 630.00 661.50 694.58 729.30
Clinic Curtains 4 180.00 720.00 720.00 756.00 793.80 833.49 875.16
Bed Sheets and Pillow Cases (set) 3 300.00 900.00 900.00 945.00 992.25 1,041.86 1,093.96
Total 5,400.00 19,470.00 19,470.00 20,443.50 21,465.68 22,538.96 23,665.91

Note 10 - Janitorial Supplies

Janitorial Supplies QTY Unit Cost Total Cost Year 1 Year 2 Year 3 Year 4 Year 5

Alcohols (gal) 10 300.00 3,000.00 3,000.00 3,150.00 3,307.50 3,472.88 3,646.52

Disinfectants 10 250.00 2,500.00 2,500.00 2,625.00 2,756.25 2,894.06 3,038.77
Insecticides 10 200.00 2,000.00 2,000.00 2,100.00 2,205.00 2,315.25 2,431.01
Garbage bags 100 17.00 1,700.00 1,700.00 1,785.00 1,874.25 1,967.96 2,066.36
Dustpans 3 120.00 360.00 360.00 378.00 396.90 416.75 437.58
Brooms 3 150.00 450.00 450.00 472.50 496.13 520.93 546.98
Mops 3 400.00 1,200.00 1,200.00 1,260.00 1,323.00 1,389.15 1,458.61
Rags 20 50.00 1,000.00 1,000.00 1,050.00 1,102.50 1,157.63 1,215.51
Tissue Rolls 50 30.00 1,500.00 1,500.00 1,575.00 1,653.75 1,736.44 1,823.26
Toilet Brush 3 100.00 300.00 300.00 315.00 330.75 347.29 364.65
Toilet Plunger 3 150.00 450.00 450.00 472.50 496.13 520.93 546.98
Mirror Cleaner 3 100.00 300.00 300.00 315.00 330.75 347.29 364.65
Pale 5 150.00 750.00 750.00 787.50 826.88 868.22 911.63
Bidet 10 1,000.00 10,000.00 10,000.00 10,500.00 11,025.00 11,576.25 12,155.06
Garbage bins 5 700.00 3,500.00 3,500.00 3,675.00 3,858.75 4,051.69 4,254.27
Trash Cans 10 300.00 3,000.00 3,000.00 3,150.00 3,307.50 3,472.88 3,646.52
Total 4,017.00 32,010.00 32,010.00 33,610.50 35,291.03 37,055.58 38,908.36

Note 11 - Utilities Expense

 Monthly
Year 0
Utilities Expense Consumption Cost Year 1 Year 2 Year 3 Year 4 Year 5
(1 month)
Electricity (KwH) Php per KwH
Production Area 3,327.63 10.90 435,258.26 457,021.17 479,872.23 503,865.84 529,059.13
Admin Office 1,426.13 10.90 103,632.92 186,539.25 195,866.22 205,659.53 215,942.50 226,739.63
Total 4,753.76 103,632.92 621,797.51 621,797.51 621,797.51 621,797.51 621,797.51

Water cu. m Php per cu. m

Production Area 29.46 38.00 13,435.13 14,106.88 14,812.23 15,552.84 16,330.48
Admin Office 12.63 38.00 3,198.84 5,757.91 6,045.81 6,348.10 6,665.50 6,998.78
42.09 3,198.84 19,193.04 20,152.69 21,160.33 22,218.34 23,329.26
Telecom and Internet Service Plan Php per plan
Production Area 16,791.60 17,631.18 18,512.74 19,438.38 20,410.29
1 month Plan 1,999.00
Admin Office 3,998.00 7,196.40 7,556.22 7,934.03 8,330.73 8,747.27
Cost Allocation
Production - 465,484.99 488,759.24 513,197.20 538,857.06 565,799.91
Admin 110,829.76 199,493.57 209,468.24 219,941.66 230,938.74 242,485.68
- - 110,829.76 664,978.55 698,227.48 733,138.85 769,795.80 808,285.59

Note 12 - Business permits and licenses

Business permits and licenses Yearly Year 0 Year 1 Year 2 Year 3 Year 4 Year 5

SEC Registration Fee 2,500.00 2,500.00

PhilHealth Certificate 2,400.00 2,400.00 2,400.00 2,400.00 2,400.00 2,400.00 2,400.00
Mayor's Permit 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
BIR Registration (BIR Form 2303) 7,500.00 7,500.00 7,500.00 7,500.00 7,500.00 7,500.00 7,500.00
Sanitary Permit 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00
Fire Safety Inspection Certificate 500.00 500.00 500.00 500.00 500.00 500.00 500.00
Garbage Fee 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00
Building Permit 10,500.00 10,500.00 10,500.00 10,500.00 10,500.00 10,500.00 10,500.00
Documentary Stamp 30.00 30.00 30.00 30.00 30.00 30.00 30.00
Health Certificate fee 50.00 50.00 50.00 50.00 50.00 50.00 50.00
Electrical Inspection Fee 200.00 200.00 200.00 200.00 200.00 200.00 200.00
BIR Approved Printed Receipt 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00
DTI Registration Fee 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00
Community Tax Certificate 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00
TOTAL 58,880.00 58,880.00 56,380.00 56,380.00 56,380.00 56,380.00 56,380.00

Note 13 - Building – Depreciation Expense

 Estimated Useful Annual
Particulars QTY Unit Cost Total Cost
Life (Years) Depreciation
Building 1 10,384,755.67 10,384,755.67 30 346,158.52
Total 10,384,755.67 346,158.52

Note 14 - Office Equipment– Depreciation Expense

Estimated Useful Annual
Office Equipment QTY Unit Cost Total Cost
Life (Years) Depreciation
Printer 3 5,000.00 15,000.00 5 3,000.00
Projector 2 4,000.00 8,000.00 5 1,600.00
CCTV Cameras 5 1,899.00 9,495.00 5 1,899.00
Air Conditioning System 5 30,000.00 150,000.00 5 30,000.00
Electric Fans 5 700.00 3,500.00 5 700.00
Water Dispenser 2 3,500.00 7,000.00 5 1,400.00
Laptop 10 49,999.90 499,999.00 5 99,999.80
Generator 3 35,000.00 105,000.00 5 21,000.00
Total 797,994.00 159,598.80

Note 15 - Transpo and Heavy Equipment– Depreciation Expense

Transpo and Heavy Estimated Useful Annual

QTY Unit Cost Total Cost
Equipment Life (Years) Depreciation
Delivery Van 2 600,000.00 1,200,000.00 5 240,000.00
Forklift 1 150,000.00 150,000.00 5 30,000.00
Total 1,350,000.00 270,000.00

Note 16 - Furniture and Fixture– Depreciation Expense

Estimated Useful Annual
Furniture and Fixture QTY Unit Cost Total Cost
Life (months) Depreciation
Conference Table 1 5,000.00 5,000.00 5 1,000.00
Filing Cabinet 10 5,000.00 50,000.00 5 10,000.00
Office Chair 5 999.00 4,995.00 5 999.00
Office Table 5 2,500.00 12,500.00 5 2,500.00
Meeting Table and Chairs 3 2,000.00 6,000.00 5 1,200.00
Reception Desk 1 3,000.00 3,000.00 5 600.00
Sofa Set 2 4,500.00 9,000.00 5 1,800.00
Hospital Bed 2 3,000.00 6,000.00 5 1,200.00
96,495.00 19,299.00
 Note 17 - Raw Materials Inventory
Begenning Inventory Purchases Available for Used Raw Materials Used Ending, Inventory
Raw Materials Schedule for Year 1
Initial Inventories Cost Amount Purchases Amount Available for Used Amount Used Raw Materials Amount Ending Inventory Amount
ESP-WROOM-32 2,200.00 pieces 27.65 per piece 60,830.00 62,000.00 pieces 27.65 per piece 1,714,300.00 64,200.00 pieces 1,775,130.00 59,904.00 pieces 1,656,345.60 4,296.00 pieces 118,784.40
ESP-WROOM-32 Expansion Board 2,200.00 pieces 33.25 per piece 73,150.00 62,000.00 pieces 33.25 per piece 2,061,500.00 64,200.00 pieces 2,134,650.00 59,904.00 pieces 1,991,808.00 4,296.00 pieces 142,842.00
Water Sensor and Module 2,400.00 pieces 19.60 per piece 47,040.00 62,000.00 pieces 19.60 per piece 1,215,200.00 64,400.00 pieces 1,262,240.00 59,904.00 pieces 1,174,118.40 4,496.00 pieces 88,121.60
95 dB Electronic Buzzer 2,400.00 pieces 6.65 per piece 15,960.00 62,000.00 pieces 6.65 per piece 412,300.00 64,400.00 pieces 428,260.00 59,904.00 pieces 398,361.60 4,496.00 pieces 29,898.40
9v Battery Connector 2,400.00 pieces 10.15 per piece 24,360.00 62,000.00 pieces 10.15 per piece 629,300.00 64,400.00 pieces 653,660.00 59,904.00 pieces 608,025.60 4,496.00 pieces 45,634.40
Thermoplastic Grams 1.15 per Gram - 300,000.00 Grams 1.15 per Gram 345,000.00 300,000.00 Grams 345,000.00 299,520.00 Grams 344,448.00 480.00 Grams 552.00
Subtotal 221,340.00 610,000.00 6,377,600.00 621,600.00 6,598,940.00 599,040.00 6,173,107.20 425,832.80

Begenning Inventory Purchases Available for Used Raw Materials Used Ending, Inventory
Raw Materials Schedule for Year 2
Initial Inventories Cost Amount Purchases Amount Available for Used Amount Used Raw Materials Amount Ending Inventory Amount
ESP-WROOM-32 4,296.00 pieces 27.65 per piece 118,784.40 62,000.00 pieces 27.65 per piece 1,714,300.00 66,296.00 pieces 1,833,084.40 59,904.00 pieces 1,656,345.60 6,392.00 pieces 176,738.80
ESP-WROOM-32 Expansion Board 4,296.00 pieces 33.25 per piece 142,842.00 62,000.00 pieces 33.25 per piece 2,061,500.00 66,296.00 pieces 2,204,342.00 59,904.00 pieces 1,991,808.00 6,392.00 pieces 212,534.00
Water Sensor and Module 4,496.00 pieces 19.60 per piece 88,121.60 62,000.00 pieces 19.60 per piece 1,215,200.00 66,496.00 pieces 1,303,321.60 59,904.00 pieces 1,174,118.40 6,592.00 pieces 129,203.20
95 dB Electronic Buzzer 4,496.00 pieces 6.65 per piece 29,898.40 62,000.00 pieces 6.65 per piece 412,300.00 66,496.00 pieces 442,198.40 59,904.00 pieces 398,361.60 6,592.00 pieces 43,836.80
9v Battery Connector 4,496.00 pieces 10.15 per piece 45,634.40 62,000.00 pieces 10.15 per piece 629,300.00 66,496.00 pieces 674,934.40 59,904.00 pieces 608,025.60 6,592.00 pieces 66,908.80
Thermoplastic 480.00 pieces 1.15 per Gram 552.00 300,000.00 pieces 1.15 per Gram 345,000.00 300,480.00 pieces 345,552.00 299,520.00 pieces 344,448.00 960.00 pieces 1,104.00
Subtotal 425,832.80 610,000.00 6,377,600.00 632,560.00 6,803,432.80 599,040.00 6,173,107.20 630,325.60

Begenning Inventory Purchases Available for Used Raw Materials Used Ending, Inventory
Raw Materials Schedule for Year 3
Initial Inventories Cost Amount Purchases Amount Available for Used Amount Used Raw Materials Amount Ending Inventory Amount
ESP-WROOM-32 6,392.00 pieces 27.65 per piece 176,738.80 62,000.00 pieces 27.65 per piece 1,714,300.00 68,392.00 pieces 1,891,038.80 59,904.00 pieces 1,656,345.60 8,488.00 pieces 234,693.20
ESP-WROOM-32 Expansion Board 6,392.00 pieces 33.25 per piece 212,534.00 62,000.00 pieces 33.25 per piece 2,061,500.00 68,392.00 pieces 2,274,034.00 59,904.00 pieces 1,991,808.00 8,488.00 pieces 282,226.00
Water Sensor and Module 6,592.00 pieces 19.60 per piece 129,203.20 62,000.00 pieces 19.60 per piece 1,215,200.00 68,592.00 pieces 1,344,403.20 59,904.00 pieces 1,174,118.40 8,688.00 pieces 170,284.80
95 dB Electronic Buzzer 6,592.00 pieces 6.65 per piece 43,836.80 62,000.00 pieces 6.65 per piece 412,300.00 68,592.00 pieces 456,136.80 59,904.00 pieces 398,361.60 8,688.00 pieces 57,775.20
9v Battery Connector 6,592.00 pieces 10.15 per piece 66,908.80 62,000.00 pieces 10.15 per piece 629,300.00 68,592.00 pieces 696,208.80 59,904.00 pieces 608,025.60 8,688.00 pieces 88,183.20
Thermoplastic 960.00 pieces 1.15 per Gram 1,104.00 300,000.00 pieces 1.15 per Gram 345,000.00 300,960.00 pieces 346,104.00 299,520.00 pieces 344,448.00 1,440.00 pieces 1,656.00
Subtotal 630,325.60 610,000.00 6,377,600.00 643,520.00 7,007,925.60 599,040.00 6,173,107.20 834,818.40

Begenning Inventory Purchases Available for Used Raw Materials Used Ending, Inventory
Raw Materials Schedule for Year 4
Initial Inventories Cost Amount Purchases Amount Available for Used Amount Used Raw Materials Amount Ending Inventory Amount
ESP-WROOM-32 8,488.00 pieces 27.65 per piece 234,693.20 62,000.00 pieces 27.65 per piece 1,714,300.00 70,488.00 pieces 1,948,993.20 59,904.00 pieces 1,656,345.60 10,584.00 pieces 292,647.60
ESP-WROOM-32 Expansion Board 8,488.00 pieces 33.25 per piece 282,226.00 62,000.00 pieces 33.25 per piece 2,061,500.00 70,488.00 pieces 2,343,726.00 59,904.00 pieces 1,991,808.00 10,584.00 pieces 351,918.00
Water Sensor and Module 8,688.00 pieces 19.60 per piece 170,284.80 62,000.00 pieces 19.60 per piece 1,215,200.00 70,688.00 pieces 1,385,484.80 59,904.00 pieces 1,174,118.40 10,784.00 pieces 211,366.40
95 dB Electronic Buzzer 8,688.00 pieces 6.65 per piece 57,775.20 62,000.00 pieces 6.65 per piece 412,300.00 70,688.00 pieces 470,075.20 59,904.00 pieces 398,361.60 10,784.00 pieces 71,713.60
9v Battery Connector 8,688.00 pieces 10.15 per piece 88,183.20 62,000.00 pieces 10.15 per piece 629,300.00 70,688.00 pieces 717,483.20 59,904.00 pieces 608,025.60 10,784.00 pieces 109,457.60
Thermoplastic 1,440.00 pieces 1.15 per Gram 1,656.00 300,000.00 pieces 1.15 per Gram 345,000.00 301,440.00 pieces 346,656.00 299,520.00 pieces 344,448.00 1,920.00 pieces 2,208.00
Subtotal 834,818.40 610,000.00 6,377,600.00 654,480.00 7,212,418.40 599,040.00 6,173,107.20 1,039,311.20

Begenning Inventory Purchases Available for Used Raw Materials Used Ending, Inventory
Raw Materials Schedule for Year 5
Initial Inventories Cost Amount Purchases Amount Available for Used Amount Used Raw Materials Amount Ending Inventory Amount
ESP-WROOM-32 10,584.00 pieces 27.65 per piece 292,647.60 62,000.00 pieces 27.65 per piece 1,714,300.00 72,584.00 pieces 2,006,947.60 59,904.00 pieces 1,656,345.60 12,680.00 pieces 350,602.00
ESP-WROOM-32 Expansion Board 10,584.00 pieces 33.25 per piece 351,918.00 62,000.00 pieces 33.25 per piece 2,061,500.00 72,584.00 pieces 2,413,418.00 59,904.00 pieces 1,991,808.00 12,680.00 pieces 421,610.00
Water Sensor and Module 10,784.00 pieces 19.60 per piece 211,366.40 62,000.00 pieces 19.60 per piece 1,215,200.00 72,784.00 pieces 1,426,566.40 59,904.00 pieces 1,174,118.40 12,880.00 pieces 252,448.00
95 dB Electronic Buzzer 10,784.00 pieces 6.65 per piece 71,713.60 62,000.00 pieces 6.65 per piece 412,300.00 72,784.00 pieces 484,013.60 59,904.00 pieces 398,361.60 12,880.00 pieces 85,652.00
9v Battery Connector 10,784.00 pieces 10.15 per piece 109,457.60 62,000.00 pieces 10.15 per piece 629,300.00 72,784.00 pieces 738,757.60 59,904.00 pieces 608,025.60 12,880.00 pieces 130,732.00
Thermoplastic 1,920.00 pieces 1.15 per Gram 2,208.00 300,000.00 pieces 1.15 per Gram 345,000.00 301,920.00 pieces 347,208.00 299,520.00 pieces 344,448.00 2,400.00 pieces 2,760.00
Subtotal 1,039,311.20 610,000.00 6,377,600.00 665,440.00 7,416,911.20 599,040.00 6,173,107.20 1,243,804.00
Note 18 - Indirect Materials Inventory

Begenning Inventory Purchases Available for Used Indirect Materials Used Ending, Inventory
Indirect Materials
Initial Inventories Cost Amount Purchases Amount Available for Used Amount Used Raw Materials Amount Ending Inventory Amount
Year 1 10,000.00 pieces 12.00 per piece 120,000.00 60,000.00 pieces 12.00 pieces 720,000.00 75,000.00 pieces 840,000.00 59,904.00 pieces 718,848.00 15,096.00 pieces 121,152.00
Year 2 15,096.00 pieces 12.00 per piece 181,152.00 60,000.00 pieces 12.00 pieces 720,000.00 75,000.00 pieces 901,152.00 59,904.00 pieces 718,848.00 15,096.00 pieces 182,304.00
Year 3 15,096.00 pieces 12.00 per piece 181,152.00 60,000.00 pieces 12.00 pieces 720,000.00 75,000.00 pieces 901,152.00 59,904.00 pieces 718,848.00 15,096.00 pieces 182,304.00
Year 4 15,096.00 pieces 12.00 per piece 181,152.00 60,000.00 pieces 12.00 pieces 720,000.00 75,000.00 pieces 901,152.00 59,904.00 pieces 718,848.00 15,096.00 pieces 182,304.00
Year 5 15,096.00 pieces 12.00 per piece 181,152.00 60,000.00 pieces 12.00 pieces 720,000.00 75,000.00 pieces 901,152.00 59,904.00 pieces 718,848.00 15,096.00 pieces 182,304.00

Note 19 - Finished Goods Inventory

End,
Total Quantity Total Quantity Product cost
Product Finished Amount
Produced Sold Annually per Unit
Goods

Year 1 60,000.00 51,241.00 8,759.00 194.40 1,702,781.86

Year 2 60,000.00 53,290.00 15,469.00 193.95 3,000,214.30
Year 3 60,000.00 55,422.00 20,047.00 195.13 3,911,808.77
Year 4 60,000.00 57,639.00 22,408.00 195.52 4,381,105.32
Year 5 60,000.00 59,944.00 22,464.00 195.92 4,401,096.41
Total

Note 20 - Property, Plant and Equipment

Land Acquisition Cost Estimated Useful Annual

Particulars Total Cost
Area per Square Meter Life (Years) Depreciation
Land 200 5,000.00 1,000,000.00 0 -
Total 1,000,000.00 -
 Estimated Useful Annual CY 2025 CY 2026 CY 2027 CY 2028 CY 2029
Particulars QTY Unit Cost Total Cost
Life (Years) Depreciation Year 1 Year 2 Year 3 Year 4 Year 5
Building 1 10,384,755.67 10,384,755.67 30 346,158.52 10,038,597.15 9,692,438.63 9,346,280.10 9,000,121.58 8,653,963.06
Total 10,384,755.67 346,158.52 10,038,597.15 9,692,438.63 9,346,280.10 9,000,121.58 8,653,963.06

Estimated Useful Annual CY 2025 CY 2026 CY 2027 CY 2028 CY 2029

Production Machineries QTY Unit Cost Total Cost
Life (Years) Depreciation Year 1 Year 2 Year 3 Year 4 Year 5
Computer Set 5 17,000.00 85,000.00 5 17,000.00 68,000.00 51,000.00 34,000.00 17,000.00 -
Conveyor System 5 8,318.24 41,591.20 5 8,318.24 33,272.96 24,954.72 16,636.48 8,318.24 -
Multimeter 5 83,700.00 418,500.00 5 83,700.00 334,800.00 251,100.00 167,400.00 83,700.00 -
Oscilloscope 5 4,325.49 21,627.45 5 4,325.49 17,301.96 12,976.47 8,650.98 4,325.49 -
High Precision Automatic
5 63,233.91 316,169.55 5 63,233.91 252,935.64 189,701.73 126,467.82 63,233.91 -
Soldering Machine
Injection Molding 2 300,000.00 600,000.00 5 120,000.00 480,000.00 360,000.00 240,000.00 120,000.00 -
1,482,888.20 296,577.64 1,186,310.56 889,732.92 593,155.28 296,577.64 -

Estimated Useful Annual CY 2025 CY 2026 CY 2027 CY 2028 CY 2029

Office Equipment QTY Unit Cost Total Cost
Life (Years) Depreciation Year 1 Year 2 Year 3 Year 4 Year 5
Printer 3 5,000.00 15,000.00 5 3,000.00 12,000.00 9,000.00 6,000.00 3,000.00 -
Projector 2 4,000.00 8,000.00 5 1,600.00 6,400.00 4,800.00 3,200.00 1,600.00 -
CCTV Cameras 5 1,899.00 9,495.00 5 1,899.00 7,596.00 5,697.00 3,798.00 1,899.00 -
Air Conditioning System 5 30,000.00 150,000.00 5 30,000.00 120,000.00 90,000.00 60,000.00 30,000.00 -
Electric Fans 5 700.00 3,500.00 5 700.00 2,800.00 2,100.00 1,400.00 700.00 -
Water Dispenser 2 3,500.00 7,000.00 5 1,400.00 5,600.00 4,200.00 2,800.00 1,400.00 -
Laptop 10 49,999.90 499,999.00 5 99,999.80 399,999.20 299,999.40 199,999.60 99,999.80 -
Generator 3 35,000.00 105,000.00 5 21,000.00 84,000.00 63,000.00 42,000.00 21,000.00 -
Total 797,994.00 159,598.80 638,395.20 478,796.40 319,197.60 159,598.80 -

Transpo and Heavy Estimated Useful Annual CY 2025 CY 2026 CY 2027 CY 2028 CY 2029
QTY Unit Cost Total Cost
Equipment Life (Years) Depreciation Year 1 Year 2 Year 3 Year 4 Year 5
Delivery Van 2 600,000.00 1,200,000.00 5 240,000.00 960,000.00 720,000.00 480,000.00 240,000.00 -
Forklift 1 150,000.00 150,000.00 5 30,000.00 120,000.00 90,000.00 60,000.00 30,000.00 -
Total 1,350,000.00 270,000.00 1,080,000.00 810,000.00 540,000.00 270,000.00 -

Estimated Useful Annual CY 2025 CY 2026 CY 2027 CY 2028 CY 2029

Furniture and Fixture QTY Unit Cost Total Cost
Life (months) Depreciation Year 1 Year 2 Year 3 Year 4 Year 5
Conference Table 1 5,000.00 5,000.00 5 1,000.00 4,000.00 3,000.00 2,000.00 1,000.00 -
Filing Cabinet 10 5,000.00 50,000.00 5 10,000.00 40,000.00 30,000.00 20,000.00 10,000.00 -
Office Chair 5 999.00 4,995.00 5 999.00 3,996.00 2,997.00 1,998.00 999.00 -
Office Table 5 2,500.00 12,500.00 5 2,500.00 10,000.00 7,500.00 5,000.00 2,500.00 -
Meeting Table and Chairs 3 2,000.00 6,000.00 5 1,200.00 4,800.00 3,600.00 2,400.00 1,200.00 -
Reception Desk 1 3,000.00 3,000.00 5 600.00 2,400.00 1,800.00 1,200.00 600.00 -
Sofa Set 2 4,500.00 9,000.00 5 1,800.00 7,200.00 5,400.00 3,600.00 1,800.00 -
Hospital Bed 2 3,000.00 6,000.00 5 1,200.00 4,800.00 3,600.00 2,400.00 1,200.00 -
96,495.00 19,299.00 77,196.00 57,897.00 38,598.00 19,299.00 -
Note 21 - SSS Contrib. Contribution Payables
SSS Contribution Remittance Schedule CY 2024 CY 2025 CY 2026 CY 2027 CY 2028 CY 2029
Beg. Unremitted - 139,770.00 139,770.00 139,770.00 139,770.00 139,770.00
Add: Withholding for the Year
Employee Share 89,010.00 534,060.00 534,060.00 534,060.00 534,060.00 534,060.00
Employer's Share 190,530.00 1,143,180.00 1,143,180.00 1,143,180.00 1,143,180.00 1,143,180.00
Total to be Remitted 279,540.00 1,817,010.00 1,817,010.00 1,817,010.00 1,817,010.00 1,817,010.00
Less: Remittance for the Year 139,770.00 1,677,240.00 1,677,240.00 1,677,240.00 1,677,240.00 1,677,240.00
End, Unremitted Balance 139,770.00 139,770.00 139,770.00 139,770.00 139,770.00 139,770.00

Note 22 - PHIC Contribution Payables

PHIC Contribution Remittance Schedule CY 2024 CY 2025 CY 2026 CY 2027 CY 2028 CY 2029
Beg. Unremitted - 48,450.00 48,450.00 48,450.00 48,450.00 48,450.00
Add: Withholding for the Year
Employee Share 48,450.00 290,700.00 290,700.00 290,700.00 290,700.00 290,700.00
Employer's Share 48,450.00 290,700.00 290,700.00 290,700.00 290,700.00 290,700.00
Total to be Remitted 96,900.00 629,850.00 629,850.00 629,850.00 629,850.00 629,850.00
Less: Remittance for the Year 48,450.00 581,400.00 581,400.00 581,400.00 581,400.00 581,400.00
End, Unremitted Balance 48,450.00 48,450.00 48,450.00 48,450.00 48,450.00 48,450.00

Note 23 - PAG-IBIG Contribution Payables

HDMF Contribution Remittance Schedule CY 2024 CY 2025 CY 2026 CY 2027 CY 2028 CY 2029
Beg. Unremitted - 38,760.00 38,760.00 38,760.00 38,760.00 38,760.00
Add: Withholding for the Year
Employee Share 38,760.00 232,560.00 232,560.00 232,560.00 232,560.00 232,560.00
Employer's Share 38,760.00 232,560.00 232,560.00 232,560.00 232,560.00 232,560.00
Total to be Remitted 77,520.00 503,880.00 503,880.00 503,880.00 503,880.00 503,880.00
Less: Remittance for the Year 38,760.00 465,120.00 465,120.00 465,120.00 465,120.00 465,120.00
End, Unremitted Balance 38,760.00 38,760.00 38,760.00 38,760.00 38,760.00 38,760.00

Note 24 - Withholding Tax Payable

CY 2024 CY 2025 CY 2026 CY 2027 CY 2028 CY 2029
Beg. Balance - 761.40 761.40 761.40 761.40 761.40
Add: Taxes Withheld 1,522.80 9,136.80 9,136.80 9,136.80 9,136.80 9,136.80
To be remitted 1,522.80 9,898.20 9,898.20 9,898.20 9,898.20 9,898.20
Less: Total Remittance for the year 761.40 9,136.80 9,136.80 9,136.80 9,136.80 9,136.80
End, Balance 761.40 761.40 761.40 761.40 761.40 761.40

Note 25 - Income Tax Payable

CY 2024 CY 2025 CY 2026 CY 2027 CY 2028 CY 2029
Beg. Balance, Unremitted - 1,748,088.44 296,759.86 332,509.82 371,063.71
Income Tax 6,992,353.76 7,271,316.17 7,527,730.62 7,761,451.58 7,972,165.37
Total to be Remmited - 6,992,353.76 9,019,404.61 7,824,490.49 8,093,961.40 8,343,229.09
Remittance 5,244,265.32 8,722,644.75 7,491,980.67 7,722,897.68 7,931,452.20
Ending, Income Tax Payable 1,748,088.44 296,759.86 332,509.82 371,063.71 411,776.88
Note 26 - Payroll Schedule
(Salaries and Wages for CY 2024 Payroll)
No. of BIR Withholding Tax
Position Monthly Salary CY 2024 Mandatory Dedections - EMPLOYEE Share Net Take Home Pay
Personnel 2024
(Nov-Dec) SSS Philhealth HDMF Net
Direct labor
Raw Materials Prep Personnel 5 12,500.00 125,000.00 5,625.00 3,125.00 2,500.00 113,750.00 - 113,750.00
Assembly Operator (Area 1) 5 12,500.00 125,000.00 5,625.00 3,125.00 2,500.00 113,750.00 - 113,750.00
Assembly Operator (Area 2) 5 12,500.00 125,000.00 5,625.00 3,125.00 2,500.00 113,750.00 - 113,750.00
Programmer (Area 3) 3 15,000.00 90,000.00 4,050.00 2,250.00 1,800.00 81,900.00 - 81,900.00
Assembly Operator (Area 4) 5 12,500.00 125,000.00 5,625.00 3,125.00 2,500.00 113,750.00 - 113,750.00
Quality Inspector (Area 5) 3 15,000.00 90,000.00 4,050.00 2,250.00 1,800.00 81,900.00 - 81,900.00
Techinician 3 15,000.00 90,000.00 4,050.00 2,250.00 1,800.00 81,900.00 - 81,900.00
SubTotal 0 95,000.00 770,000.00 34,650.00 19,250.00 15,400.00 700,700.00 - 700,700.00
Indirect labor
Operations Manager 1 20,000.00 40,000.00 1,800.00 1,000.00 800.00 36,400.00 - 36,400.00
Materials Handler 1 15,000.00 30,000.00 1,350.00 750.00 600.00 27,300.00 - 27,300.00
Production Engineer 1 20,000.00 40,000.00 1,800.00 1,000.00 800.00 36,400.00 - 36,400.00
Safety Officer 1 15,000.00 30,000.00 1,350.00 750.00 600.00 27,300.00 - 27,300.00
Maintenance Engineer 1 20,000.00 40,000.00 1,800.00 1,000.00 800.00 36,400.00 - 36,400.00
Maintenance Personnel 2 12,500.00 50,000.00 2,250.00 1,250.00 1,000.00 45,500.00 - 45,500.00
SubTotal 0 102,500.00 230,000.00 10,350.00 5,750.00 4,600.00 209,300.00 - 209,300.00
Selling and Adminsitrative
Research and Development Manger 1 20,000.00 40,000.00 1,800.00 1,000.00 800.00 36,400.00 - 36,400.00
Supply Chain and Logistics Manager 1 20,000.00 40,000.00 1,800.00 1,000.00 800.00 36,400.00 - 36,400.00
Supply Chain and Logistics Staff 1 15,000.00 30,000.00 1,350.00 750.00 600.00 27,300.00 - 27,300.00
Finance Accounting Manger 1 22,000.00 44,000.00 1,980.00 1,100.00 880.00 40,040.00 - 40,040.00
Finance Accounting Staff 1 15,000.00 30,000.00 1,350.00 750.00 600.00 27,300.00 - 27,300.00
Internal Auditor 1 20,000.00 40,000.00 1,800.00 1,000.00 800.00 36,400.00 - 36,400.00
Cashier 1 18,000.00 36,000.00 1,620.00 900.00 720.00 32,760.00 - 32,760.00
Sales and Marketing Manager 1 20,000.00 40,000.00 1,800.00 1,000.00 800.00 36,400.00 - 36,400.00
Marketing Staff 1 15,000.00 30,000.00 1,350.00 750.00 600.00 27,300.00 - 27,300.00
Online and Retailer Staff 1 15,000.00 30,000.00 1,350.00 750.00 600.00 27,300.00 - 27,300.00
Customer Service Representative 2 18,000.00 72,000.00 3,240.00 1,800.00 1,440.00 65,520.00 - 65,520.00
Human Resource Manager 1 20,000.00 40,000.00 1,800.00 1,000.00 800.00 36,400.00 - 36,400.00
IT Staff 1 15,000.00 30,000.00 1,350.00 750.00 600.00 27,300.00 - 27,300.00
Administrative Manager 1 20,000.00 40,000.00 1,800.00 1,000.00 800.00 36,400.00 - 36,400.00
Secuity Staff 2 12,500.00 50,000.00 2,250.00 1,250.00 1,000.00 45,500.00 - 45,500.00
Compnay Nurse 1 18,000.00 36,000.00 1,620.00 900.00 720.00 32,760.00 - 32,760.00
Service Driver 2 12,500.00 50,000.00 2,250.00 1,250.00 1,000.00 45,500.00 - 45,500.00
SubTotal 0 296,000.00 678,000.00 30,510.00 16,950.00 13,560.00 616,980.00 - 616,980.00
Other Executive Position
Board of Directors 3 25,000.00 150,000.00 8,100.00 3,750.00 3,000.00 135,150.00 1,522.80 133,627.20
CEO 1 30,000.00 60,000.00 2,700.00 1,500.00 1,200.00 54,600.00 - 54,600.00
Assistant Corporate Sec. 1 25,000.00 50,000.00 2,700.00 1,250.00 1,000.00 45,050.00 - 45,050.00
Subtotal 5 260,000.00 13,500.00 6,500.00 5,200.00 234,800.00 1,522.80 233,277.20
Grand Total 5 1,938,000.00 89,010.00 48,450.00 38,760.00 1,761,780.00 1,522.80 1,760,257.20
Summary
Direct labor 0 770,000.00 34,650.00 19,250.00 15,400.00 700,700.00 - 700,700.00
Indirect labor 0 230,000.00 10,350.00 5,750.00 4,600.00 209,300.00 - 209,300.00
Selling and Adminsitrative 0 678,000.00 30,510.00 16,950.00 13,560.00 616,980.00 - 616,980.00
Other Executive Position 5 260,000.00 13,500.00 6,500.00 5,200.00 234,800.00 1,522.80 233,277.20
Total 5 1,938,000.00 89,010.00 48,450.00 38,760.00 1,761,780.00 1,522.80 1,760,257.20
 (Salaries and Wages for CY 2025-2029 Payroll)
No. of BIR Withholding Tax
Position Monthly Salary Mandatory Dedections - EMPLOYEE Share Net Take Home Pay
Personnel Jan - Dec 2024
SSS Philhealth HDMF Net
Direct labor
Raw Materials Prep Personnel 5 12,500.00 750,000.00 33,750.00 18,750.00 15,000.00 682,500.00 - 682,500.00
Assembly Operator (Area 1) 5 12,500.00 750,000.00 33,750.00 18,750.00 15,000.00 682,500.00 - 682,500.00
Assembly Operator (Area 2) 5 12,500.00 750,000.00 33,750.00 18,750.00 15,000.00 682,500.00 - 682,500.00
Programmer (Area 3) 3 15,000.00 540,000.00 24,300.00 13,500.00 10,800.00 491,400.00 - 491,400.00
Assembly Operator (Area 4) 5 12,500.00 750,000.00 33,750.00 18,750.00 15,000.00 682,500.00 - 682,500.00
Quality Inspector (Area 5) 3 15,000.00 540,000.00 24,300.00 13,500.00 10,800.00 491,400.00 - 491,400.00
Techinician 3 15,000.00 540,000.00 24,300.00 13,500.00 10,800.00 491,400.00 - 491,400.00
SubTotal 0 95,000.00 4,620,000.00 207,900.00 115,500.00 92,400.00 4,204,200.00 - 4,204,200.00
Indirect labor 0 - -
Operations Manager 1 20,000.00 240,000.00 10,800.00 6,000.00 4,800.00 218,400.00 - 218,400.00
Materials Handler 1 15,000.00 180,000.00 8,100.00 4,500.00 3,600.00 163,800.00 - 163,800.00
Production Engineer 1 20,000.00 240,000.00 10,800.00 6,000.00 4,800.00 218,400.00 - 218,400.00
Safety Officer 1 15,000.00 180,000.00 8,100.00 4,500.00 3,600.00 163,800.00 - 163,800.00
Maintenance Engineer 1 20,000.00 240,000.00 10,800.00 6,000.00 4,800.00 218,400.00 - 218,400.00
Maintenance Personnel 2 12,500.00 300,000.00 13,500.00 7,500.00 6,000.00 273,000.00 - 273,000.00
SubTotal 0 102,500.00 1,380,000.00 62,100.00 34,500.00 27,600.00 1,255,800.00 - 1,255,800.00
Selling and Adminsitrative 0 - -
Research and Development Manger 1 20,000.00 240,000.00 10,800.00 6,000.00 4,800.00 218,400.00 - 218,400.00
Supply Chain and Logistics Manager 1 20,000.00 240,000.00 10,800.00 6,000.00 4,800.00 218,400.00 - 218,400.00
Supply Chain and Logistics Staff 1 15,000.00 180,000.00 8,100.00 4,500.00 3,600.00 163,800.00 - 163,800.00
Finance Accounting Manger 1 22,000.00 264,000.00 11,880.00 6,600.00 5,280.00 240,240.00 - 240,240.00
Finance Accounting Staff 1 15,000.00 180,000.00 8,100.00 4,500.00 3,600.00 163,800.00 - 163,800.00
Internal Auditor 1 20,000.00 240,000.00 10,800.00 6,000.00 4,800.00 218,400.00 - 218,400.00
Cashier 1 18,000.00 216,000.00 9,720.00 5,400.00 4,320.00 196,560.00 - 196,560.00
Sales and Marketing Manager 1 20,000.00 240,000.00 10,800.00 6,000.00 4,800.00 218,400.00 - 218,400.00
Marketing Staff 1 15,000.00 180,000.00 8,100.00 4,500.00 3,600.00 163,800.00 - 163,800.00
Online and Retailer Staff 1 15,000.00 180,000.00 8,100.00 4,500.00 3,600.00 163,800.00 - 163,800.00
Customer Service Representative 2 18,000.00 432,000.00 19,440.00 10,800.00 8,640.00 393,120.00 - 393,120.00
Human Resource Manager 1 20,000.00 240,000.00 10,800.00 6,000.00 4,800.00 218,400.00 - 218,400.00
IT Staff 1 15,000.00 180,000.00 8,100.00 4,500.00 3,600.00 163,800.00 - 163,800.00
Administrative Manager 1 20,000.00 240,000.00 10,800.00 6,000.00 4,800.00 218,400.00 - 218,400.00
Secuity Staff 2 12,500.00 300,000.00 13,500.00 7,500.00 6,000.00 273,000.00 - 273,000.00
Compnay Nurse 1 18,000.00 216,000.00 9,720.00 5,400.00 4,320.00 196,560.00 - 196,560.00
Service Driver 2 12,500.00 300,000.00 13,500.00 7,500.00 6,000.00 273,000.00 - 273,000.00
SubTotal 0 296,000.00 4,068,000.00 183,060.00 101,700.00 81,360.00 3,701,880.00 - 3,701,880.00
Other Executive Position 0 -
Board of Directors 3 25,000.00 900,000.00 48,600.00 22,500.00 18,000.00 810,900.00 9,136.80 801,763.20
CEO 1 30,000.00 360,000.00 16,200.00 9,000.00 7,200.00 327,600.00 - 327,600.00
Assistant Corporate Sec. 1 25,000.00 300,000.00 16,200.00 7,500.00 6,000.00 270,300.00 - 270,300.00
Subtotal 5 1,560,000.00 81,000.00 39,000.00 31,200.00 1,408,800.00 9,136.80 1,399,663.20
Grand Total 5 11,628,000.00 534,060.00 290,700.00 232,560.00 10,570,680.00 9,136.80 10,561,543.20
Summary
Direct labor 0 4,620,000.00 207,900.00 115,500.00 92,400.00 4,204,200.00 - 4,204,200.00
Indirect labor 0 1,380,000.00 62,100.00 34,500.00 27,600.00 1,255,800.00 - 1,255,800.00
Selling and Adminsitrative 0 4,068,000.00 183,060.00 101,700.00 81,360.00 3,701,880.00 - 3,701,880.00
Other Executive Position 5 1,560,000.00 81,000.00 39,000.00 31,200.00 1,408,800.00 9,136.80 1,399,663.20
Total 5 11,628,000.00 534,060.00 290,700.00 232,560.00 10,570,680.00 9,136.80 10,561,543.20
Financial Analysis – Financial Ratios

PERFORMANCE EFFICIENCY/PROFITABILITY RATIO

1. Grosss MarginIndicate the extent to which claims of short term creditors are covered by assets that are expected to be
converted to cash within normal operating cycle.
Formula:
Gross (Net Sales - Cost of Sales)
=
Margin Net Sales

Year 1 Year 2 Year 3 Year 4 Year 5

(2025) (2026) (2027) (2028) (2029)
Net Sales 25,569,259.00 26,591,710.00 27,655,578.00 28,761,861.00 29,912,056.00
Less: Cost of Sales 12,854,165.96 13,225,552.12 13,699,880.69 14,170,884.12 14,650,330.38
Gross Profit 12,715,093.04 13,366,157.88 13,955,697.31 14,590,976.88 15,261,725.62
Gross Margin 49.73% 50.26% 50.46% 50.73% 51.02%

2. Net profit Measures profitability after considering all revenue and expenses, including interest, taxes and non-operating
margin items.
Formula:
Net profit Net Profit After Tax
=
margin Net Sales

Year 1 Year 2 Year 3 Year 4 Year 5

(2025) (2026) (2027) (2028) (2029)
Net Profit After Tax 4,113,797.90 4,748,157.80 5,320,157.04 5,937,019.41 6,588,430.10
Net Sales 25,569,259.00 26,591,710.00 27,655,578.00 28,761,861.00 29,912,056.00
Net profit margin 16.09% 17.86% 19.24% 20.64% 22.03%

3. Cash Flow Measures or perspective on operating performance and ability of the firm to translate sales to cash to enable it
Margin to service debt, pay dividends or invest in new capital assets.
Formula:
Cash Flow Cash Flow from Operation
=
Margin Net Sales

Year 1 Year 2 Year 3 Year 4 Year 5

(2025) (2026) (2027) (2028) (2029)
Cash Flow from Operation 2,525,668.09 3,129,322.55 4,001,414.42 4,909,163.06 5,849,185.81
Net Sales 25,569,259.00 26,591,710.00 27,655,578.00 28,761,861.00 29,912,056.00
Cash Flow Margin 9.88% 11.77% 14.47% 17.07% 19.55%
 LIQUIDITY RATIO/SHORT TERM FINANCIAL POSITION

1. Current Ratio Indicate the extent to which claims of short term creditors are covered by assets that are expected to be
converted to cash within normal operating cycle.
Formula:
Current Assets
Current Ratio =
Current Liabilities

Year 1 Year 2 Year 3 Year 4 Year 5

(2025) (2026) (2027) (2028) (2029)
Current Assets 6,411,413.53 11,103,813.33 16,221,315.03 21,804,267.45 27,877,937.16
Current Liabilities 484,853.77 524,501.26 560,251.22 598,805.11 639,518.28
Current Ratio 13.22 21.17 28.95 36.41 43.59

2. Acid Test A more severe test of immediate solvency; test of ability to meet demands from current assets.
Ratio
Formula:
Current Assets - Invetories
Acid Test Ratio =
Current Liabilities

Year 1 Year 2 Year 3 Year 4 Year 5

(2025) (2026) (2027) (2028) (2029)
Current Assets 21,184,752.43 24,785,518.28 28,811,386.02 33,302,704.47 38,284,740.22
Less: Inventories 1,702,781.86 3,000,214.32 3,911,808.80 4,381,105.35 4,401,096.44
Quick Assets 19,481,970.57 21,785,303.96 24,899,577.22 28,921,599.12 33,883,643.77
Current Liabilities 484,853.77 524,501.26 560,251.22 598,805.11 639,518.28
Acid Test Ratio 43.69 47.26 51.43 55.62 59.86

3. Working Excess or available current assets after considering pay-off.

Capital
Formula:
Working Capital = Current Assets - Current Liabilities

Year 1 Year 2 Year 3 Year 4 Year 5

(2025) (2026) (2027) (2028) (2029)
Current Assets 21,184,752.43 24,785,518.28 28,811,386.02 33,302,704.47 38,284,740.22
Current Liabilities 484,853.77 524,501.26 560,251.22 598,805.11 639,518.28
Working Capital 20,699,898.67 24,261,017.02 28,251,134.80 32,703,899.36 37,645,221.93
 MANAGEMENT EFFICIENCY / TURN-OVER RATIO

1. Inventory Measure efficiency of the firm in managing and selling inventories.

Turnover
Formula:
Inventory Cost of Goods Sold (COGS)
=
Turnover Average Inventory Balance (Beg. Inv. + End Inv./2)

Year 1 Year 2 Year 3 Year 4 Year 5

(2025) (2026) (2027) (2028) (2029)
Cost of Sales 12,854,165.96 13,225,552.04 13,699,880.61 14,170,884.04 14,650,330.29
Beg. Inventory - 1,702,781.86 3,000,214.32 3,911,808.80 4,381,105.35
Ending Inventory 1,702,781.86 3,000,214.32 3,911,808.80 4,381,105.35 4,401,096.44
Average Inventory 851,390.93 2,351,498.09 3,456,011.56 4,146,457.07 4,391,100.90
Inventory Turnover 15.10 5.62 3.96 3.42 3.34

LEVERAGE RATIO/LONG TERM FINANCIAL POSITION

1. Debt Ratio Shows proportion of all assets that are financed with debt.

Formula:
Total Liabilities
Debt Ratio =
Total Assets

Year 1 Year 2 Year 3 Year 4 Year 5

(2025) (2026) (2027) (2028) (2029)
Total Liabilities 484,853.77 524,501.26 560,251.22 598,805.11 639,518.28
Total Assets 21,184,752.43 24,785,518.28 28,811,386.02 33,302,704.47 38,284,740.22
Debt Ratio 2.29% 2.12% 1.94% 1.80% 1.67%

2. Equity Ratio Indicates proportion of assets provided by owners. Reflects financial strenght and caution to creditors.

Formula:
Total Equity
Equity Ratio =
Total Assets

Year 1 Year 2 Year 3 Year 4 Year 5

(2025) (2026) (2027) (2028) (2029)
Total Equity 20,699,898.67 24,261,017.02 28,251,134.80 32,703,899.36 37,645,221.93
Total Assets 21,184,752.43 24,785,518.28 28,811,386.02 33,302,704.47 38,284,740.22
Equity Ratio 97.71% 97.88% 98.06% 98.20% 98.33%

3. Debt to Measures debt relative to amount of resources provided by owners.

Equity Ratio
Formula:
Debt to Equity Total Liabilities
=
Ratio Total Equity

Year 1 Year 2 Year 3 Year 4 Year 5

(2025) (2026) (2027) (2028) (2029)
Total Liabilities 484,853.77 524,501.26 560,251.22 598,805.11 639,518.28
Total Equity 20,699,898.67 24,261,017.02 28,251,134.80 32,703,899.36 37,645,221.93
Debt to Equity Ratio 2.34% 2.16% 1.98% 1.83% 1.70%
 PROFITABILITY RATIO/RATE OF RETURN

1. Return on Measure and evaluate the efficiency of the investment.

Investment
(ROI)
Formula:
Return on Net Income after Tax
=
Investment Total Investment

Year 1 Year 2 Year 3 Year 4 Year 5

(2025) (2026) (2027) (2028) (2029)
Net Income after Tax 4,113,797.90 4,748,157.80 5,320,157.04 5,937,019.41 6,588,430.10
Total Investment 20,000,000.00 20,000,000.00 20,000,000.00 20,000,000.00 20,000,000.00
Return on Investment (ROI) 20.57% 23.74% 26.60% 29.69% 32.94%

2. Return on Measures debt relative to amount of resources provided by owners.

Assets
Formula:
Return on Net Income after Tax
=
Assets Total Assets

Year 1 Year 2 Year 3 Year 4 Year 5

(2025) (2026) (2027) (2028) (2029)
Net Income after Tax 4,113,797.90 4,748,157.80 5,320,157.04 5,937,019.41 6,588,430.10
Total Assets 21,184,752.43 24,785,518.28 28,811,386.02 33,302,704.47 38,284,740.22
Return on Assets 19.42% 19.16% 18.47% 17.83% 17.21%
3. Return on Measure rate of return on resources provided by owners.
Equity
Formula:
Return on Net Income after Tax
=
Equity Total Equity

Year 1 Year 2 Year 3 Year 4 Year 5

(2025) (2026) (2027) (2028) (2029)
Net Income after Tax 4,113,797.90 4,748,157.80 5,320,157.04 5,937,019.41 6,588,430.10
Total Equity 20,699,898.67 24,261,017.02 28,251,134.80 32,703,899.36 37,645,221.93
Return on Equity 19.87% 19.57% 18.83% 18.15% 17.50%

Payback Period
PAYBACK PERIOD

1. Payback Measure the length of time required to recover the amount of initial investment.
Period
Cummulative Investment
Initial Capital Net Cash Inflow Payback Period
Cash Inflow Balance
Year 1 20,000,000.00 2,525,668.09 2,525,668.09 17,474,331.91 1.00
Year 2 3,129,322.55 5,654,990.64 14,345,009.36 1.00
Year 3 4,001,414.42 9,656,405.07 10,343,594.93 1.00
Year 4 4,909,163.06 14,565,568.13 5,434,431.87 1.00
Year 5 5,849,185.81 20,414,753.94 (414,753.94) 0.93
Payback Period 4.93
(4 years, 11 months, and 4 days)