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    Income Statement

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    centerwabe
    audit balance

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    © All Rights Reserved
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    Income Statement

    Uploaded by

    centerwabe
    8 views3 pages
    audit balance

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    Income statement

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    © © All Rights Reserved

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    audit balance

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    8 views3 pages

    Income Statement

    Uploaded by

    centerwabe
    audit balance

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Item 0 1 2 3 4 5 6 7 8 9 10

    1. Inflow -
    1.1.Revenue - 17,255,000 19,709,200 19,709,200 19,709,200 19,709,200 22,165,920 22,165,920 22,165,920 22,165,920 22,165,920

    2. Out Flow 24,793,920 7,319,250 7,562,161 7,364,119 7,166,076 6,968,035 7,215,048 6,837,175 6,818,964 6,620,921 6,422,879

    2.1.Operating - 3,331,162 3,772,115 3,772,115 3,772,115 3,772,115 3,772,115 4,217,170 10,905,485 10,905,485 10,905,485
    Exp.
    2.2.Finance - 3,742,864 3,555,721 3,181,434 3,181,434 2,994,291 2,807,148 2,620,005 2,432,862 2,245,718 2,058,575
    Expense
    2.3. Lease - 245,224 234,325 212,527 212,527 201,629 190,730 179,231 168,932 158,033 147,134
    cost
    3.0. 24,793,920 - - - - - - - - - -
    Investment
    4.0. Net (24,793,920) 4,954,427 6,201,869 6,597,954 6,597,954 6,795,995 8,262,557 8,460,599 8,658,641 8,856,684 9,054,726
    Flow
    Cumulative (24,793,920) (19,839,493) (13,637,624) (639,759) (639,759) 6,156,236 14,418,793 22,879,392 31,538,033 40,394,717 49,449,443

    Table 7.16 CASH FLOW STATEMENT

    NPV @ 8 % Birr 14,797,629


    IRR 25.7%
    Table 7.17. INCOME STATEMENT

    No. Capacity 70% 80% 90%


    Year 1 2 3 4 5 6 7 8 9 10
    1.0 Revenue 17,255,000 19,709,200 19,709,200 19,709,200 19,709,200 22,165,920 22,165,920 22,165,920 22,165,920 22,165,920
    1.2 Service 17,003,000 19,432,00 19,432,000 19,432,000 19,432,000 31,861,000 21,861,000 21,861,000 21,861,000 21,861,000
    Income
    1.3 Other 252,000 277,200 277,200 277,200 277,200 304,920 304,920 304,920 304,920 304,920
    Income
    2.0 Operating 12,024,655 13,370,894 13,549,097 13,351,056 13,153,014 14,132,471 13,934,429 13,736,387 13,538,345 13,340,304
    Expenses
    2.1 Food 6,933,500 7,924,000 7,924,000 7,924,000 7,924,000 8,914,500 8,914,500 8,914,500 8,914,500 8,914,500
    Beverage
    2.2 Sanitary 609,000 696,000 696,000 696,000 696,000 783,000 783,000 783,000 783,000 783,000
    Material
    2.3 Consumables 406,000 464,000 464,000 464,000 464,000 522,000 522,000 522,000 522,000 522,000
    2.4 Wages & 356,000 356,000 356,000 356,000 400,500 400,500 400,500 400,500 400,500
    Salaries 311,500
    2.5 Benefit 28,700 32,800 32,800 32,800 32,800 41,000 41,000 41,000 41,000 41,000
    2.6 Depreciation 1,851,392 1,851,392 1,851,392 1,851,392 1,851,392 1,840,692 1,840,692 1,840,692 1,840,692 1,840,692
    2.7 Bank Interest 1,546,638 1,871,432 1,871,432 1,684,289 1,497,146 1,310,002 1,122,859 935,716 748,573 561,430
    2.8 Lease 93,440 108,988 108,988 98,090 87,191 76,292 65,393 54,494 43,595 32,697
    Interest
    2.9 Maintenance 244,485 244,485 244,485 244,485 244,485 244,485 244,485 244,485 244,485 244,485
    3.0 Gross Profit 5,230,345 6,160,103 6,160,103 6,358,144 6,556,186 8,033,449 8,231,491 8,429,533 8,627,575 8,825,616
    4.0 Tax (35%) 1,830,621 2,156,036 2,156,036 2,225,350 2,294,665 2,811,707 2,881,022 2,950,336 3,019,651 3,088,966
    5.0 Net Income 3,399,724 4,004,067 4,004,067 4,132,794 4,261,521 5,221,742 5,350,469 5,479,196 5,607,924 5,736,650

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