Owners (5) 100,000 125,000 150,000

Sales/Delivery (Salary and Commission) 10,400 11,500 12,500

Sales/Delivery (Commission) 4,237 4,500 5,500

Delivery/Warehouse Personnel 10,400 11,500 12,500

Administration 15,720 16,500 17,000

Total People 9 9 9

Total Payroll 140,757 169,000 197,000

FINANCIAL DATA

Funding Requirements and Use of Funds

2DC’s Coffee House is seeking Php 5,000,000 in debt financing to open its
locations. The funding will be dedicated for leasehold improvements, design, working
capital, and opening inventory. The breakout of the funding is below:

Location

Store design/build: 3,200,000

Working capital: 500,000

Opening inventory: 1, 300,000

Financial Projections

Income Statement

FY 1 FY 2 FY 3 FY 4 FY 5
Revenues

Total Revenues 360,000 793,728 875,006 964,606 1,063,382

Expenses & Costs

Cost of goods sold 64,800 142,871 157,501 173,629 191,409

Lease 50,000 51,250 52,531 53,845 55,191

Marketing 10,000 8,000 8,000 8,000 8,000

Salaries 157,015 214,030 235,968 247,766 260,155

Initial 10,000 0 0 0 0
expenditure

Total Expenses & 291,815 416,151 454,000 483,240 514,754

Costs

EBITDA 68,185 377,577 421,005 481,366 548,628

Depreciation 27,160 27,160 27,160 27,160 27,160

EBIT 41,025 350,417 393,845 454,206 521,468

Interest 23,462 20,529 17,596 14,664 11,731

PRETAX 17,563 329,888 376,249 439,543 509,737

INCOME

Net Operating 0 0 0 0 0
Loss

Use of Net 0 0 0 0 0
Operating Loss

Taxable Income 17,563 329,888 376,249 439,543 509,737

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 Income Tax 6,147 115,461 131,687 153,840 178,408
Expense

NET INCOME 11,416 214,427 244,562 285,703 331,329

Balance Sheet

FY 1 FY 2 FY 3 FY 4 FY 5

ASSETS

Cash 154,257 348,760 573,195 838,550 1,149,286

Accounts 0 0 0 0 0
receivable

Inventory 30,000 33,072 36,459 40,192 44,308

Total Current 184,257 381,832 609,654 878,742 1,193,594

Assets

Fixed assets 180,950 180,950 180,950 180,950 180,950

Depreciation 27,160 54,320 81,480 108,640 135,800

Net fixed assets 153,790 126,630 99,470 72,310 45,150

TOTAL ASSETS 338,047 508,462 709,124 951,052 1,238,744

LIABILITIES &
EQUITY

Debt 315,831 270,713 225,594 180,475 135,356

Accounts payable 10,800 11,906 13,125 14,469 15,951

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 Total Liability 326,631 282,618 238,719 194,944 151,307

Share Capital 0 0 0 0 0

Retained earnings 11,416 225,843 470,405 756,108 1,087,437

Total Equity 11,416 225,843 470,405 756,108 1,087,437

TOTAL 338,047 508,462 709,124 052 1,238951,744

LIABILITIES &
EQUITY

Cash Flow Statement

FY 1 FY 2 FY 3 FY 4 FY 5

CASH FLOW
FROM
OPERATIONS

Net Income (Loss) 11,416 214,427 244,562 285,703 331,329

Change in working (19,200) (1,966) (2,167) (2,389) (2,634)

capital

Depreciation 27,160 27,160 27,160 27,160 27,160

Net Cash Flow from 19,376 239,621 269,554 310,473 355,855

Operations

CASH FLOW
FROM
INVESTMENTS

Investment (180,950) 0 0 0 0

Net Cash Flow from (180,950) 0 0 0 0

Investments

4
CASH FLOW
FROM
FINANCING

Cash from equity 0 0 0 0 0

Cash from debt 315,831 (45,119) (45,119) 45,119) (45,119)

Net Cash Flow from 315,831 (45,119) 45,119) (45,119) (45,119)

Financing

Net Cash Flow 154,257 194,502 224,436 265,355 310,736

Cash at Beginning of 0 154,257 348,760 573,195 $838,550

Period

Cash at End of Period 154,257 348,760 573,195 838,550 $1,149,286