Franchisee

Production Cost

Raw Material Quantity Price

Nestle Cream 50 pieces P56.00/250 ml
Condense Milk 10 cans P37.00/395g
Fudge Bar 50 pieces P8/42g
Cream-o 30 pieces P9.00/30g
Peanut 5 kilo P105.00/k
Marshmallow 8 packs P40.00/1kg

Production

Flavored Ice Cream Monthly Production Price

Choco Fudge 1,100
Mallows Fudge 1,100 P38.00
Crunchy Fudge 1,100
Total Production: 3,300
yearly 39600

Sales Forecast

Purchase Capacity 70
Customer Turnover rate per day AM 80%
PM 60%

Menu Price 38
Opens Monday-Saturday 6

Weekly Sales P22,344.00

Monthly Sales P89,376.00
Yearly Sales 1,072,512.00 28224
Projected Cash Flow

Particulars Year 1
Cash Reciepts:
Owner's Equity P1,072,512.00
Gross Sales: P1,072,512.00
Depreciation P4,166.67
Amortization of Pre-operating Expense P22,038.33
Total Cash Reciepts (TCR): P1,098,717,00

Cash Disbursements: cost of initial services

A. Initial Fees P150,000.00 training
Land and Improvements P50,000.00
Buildings and Equipment P80,000.00
Sub Total: P280,000.00
B. Pre-operating Capital P45,925.00
C. Working Capital:
Cost of Good Sold P56,220.00
Operating Expense P505,200.00
D. Taxes P9,000.00
E. Owner's Withdrawal P20,000.00
Total Cash Disbursement (TDB): P916,345.00
Net Cash Flow (TCR-TCD) P182,372.00
Add: Beg. Cash Balance P1,072,512.00
Equals: Ending cash balance P1,254,884.00

Start up and Turnkey Costs

Land P50,000
Building P80,000.00
Equipment P45,000.00
Furniture P20,000.00
Office Supplies P10,000.00
Monthly Salary P37,100.00
Miscellaneous P50,000.00
Total: P292,100.00

Pro forma Income Statement

Year 1
Sales: P1,072,512.00
less: cost of good sold P674,640.00
Gross Operating Profit: P397,872.00
Less: Selling and Administrative Expense P60,000.00
Operating Income Pre-tax: P337,872.00
Less: Income Tax Expense P9,000.00
Net Income After tax: P328,872.00
 Production Process Purchase Monthly Expense
3 times a week 3 times a week 33,600.00
4,440.00
4,800.00
3,240.00
6,300.00
3,840.00
Total Expense: 56,220.00
yearly 674640 33.46429
qtty 20160
33.4642857143

Production Cost Per Unit

P33.46

56
42
98
20,000
 SWEET POTATO STATION
Projected Statement of Financial Position
For the Years Ended 2018, 2019, 2020, 2021 and 2022

Year Ended Dec

Pre-operating 2020
ASSETS
Current Assets
Cash ₱ 405,000.00 ₱ 719,960.00
Office Supplies
Finished Goods Inventory
Total Current Assets ₱ 405,000.00 ₱ 719,960.00
Deferred Tax Asset
TOTAL ASSET ₱ 405,000.00 ₱ 719,960.00

Non-current assets
Land ₱ 50,000.00 ₱ 50,000.00
Equipment ₱ 45,000.00 ₱ 45,000.00
accumulated depreciation- equipment -₱ 3,750.00
Building ₱ 80,000.00 ₱ 80,000.00
accumulated depreiation- building -₱ 8,000.00
Furniture and Fixture ₱ 20,000.00 ₱ 20,000.00
accumulated depreciation-furnitures and fixtures -₱ 4,000.00
Total Non-Current Assets ₱ 195,000.00 ₱ 179,250.00
TOTAL ASSETS ₱ 600,000.00 ₱ 899,210.00

LIABILITIES
Current Liabilities ₱ - ₱ -
Accounts Payable ₱ - ₱ -
Income tax payable ₱ - ₱ 89,763.00
Total Liabilities ₱ - ₱ 89,763.00

OWNER'S EQUITY
Beginning Balance ₱ 600,000.00 ₱ 600,000.00
Additional Investment
Net Income ₱ 209,447.00
Less: Withdrawals
Less: Net Loss
Ending Balance ₱ 600,000.00 ₱ 809,447.00

TOTAL LIABILITIES AND EQUITY ₱ 600,000.00 ₱ 899,210.00

₱ -
EET POTATO STATION
Statement of Financial Position
ded 2018, 2019, 2020, 2021 and 2022

Year Ended December 31

2021 2022 2023 2025

₱ 719,941.00 ₱ 594,958.80 ₱ 684,702.80 ₱ 969,124.66

₱ 719,941.00 ₱ 594,958.80 ₱ 684,702.80 ₱ 969,124.66

₱ 35,560.20
₱ 755,501.20 ₱ 594,958.80 ₱ 684,702.80 ₱ 969,124.66

₱ 50,000.00 ₱ 50,000.00 ₱ 50,000.00 ₱ 50,000.00

₱ 45,000.00 ₱ 45,000.00 ₱ 45,000.00 ₱ 45,000.00
-₱ 7,500.00 -₱ 11,250.00 -₱ 15,000.00 -₱ 18,750.00
₱ 80,000.00 ₱ 80,000.00 ₱ 80,000.00 ₱ 80,000.00
-₱ 16,000.00 -₱ 24,000.00 -₱ 32,000.00 -₱ 40,000.00
₱ 20,000.00 ₱ 20,000.00 ₱ 20,000.00 ₱ 20,000.00
-₱ 8,000.00 -₱ 12,000.00 -₱ 16,000.00 -₱ 20,000.00
₱ 163,500.00 ₱ 147,750.00 ₱ 132,000.00 ₱ 116,250.00
₱ 883,441.00 ₱ 742,708.80 ₱ 816,702.80 ₱ 1,085,374.66

₱ - ₱ - ₱ - ₱ -
₱ - ₱ - ₱ - ₱ -
₱ 22,198.20 ₱ - ₱ 11,530.14 ₱ 84,060.60
₱ 22,198.20 ₱ - ₱ 11,530.14 ₱ 84,060.60

₱ 809,447.00 ₱ 861,242.80 ₱ 742,708.80 ₱ 805,172.66

₱ 51,795.80 -₱ 118,534.00 ₱ 62,463.86 ₱ 196,141.40

₱ 861,242.80 ₱ 742,708.80 ₱ 805,172.66 ₱ 1,001,314.06

₱ 883,441.00 ₱ 742,708.80 ₱ 816,702.80 ₱ 1,085,374.66

 useful life
Land P50,000
Building 80,000.00 10 8000
Equipment 45,000.00 12 3750
Furniture 20,000.00 5 4000
Monthly Salary 37,100.00
15,750.00

Production
2020
yearly 1467840 qtty 39600
direct 460800 rm 674640
depreciation 20416.6666666667 sales
TOTAL 1949056.66666667 1504800
445,200.00

2021 2022 2023 2024

28800 19440 28800 38520
489456 326304 489456 652608

1094400 738720 1094400 1463760

 SWEET POTATO STATION
Projected Statement of Cost of Good Sold
For the Years Ended 2018, 2019, 2020, 2021 and 2022
Year Ended December
2020 2021
Beginning Raw Materials Inventory ₱ - ₱ -
Net Purchase ₱ 674,640.00 ₱ 489,456.00
Less: Ending Inventory ₱ - ₱ -
Cost of Good Sold ₱ 674,640.00 ₱ 489,456.00
TION
f Good Sold
20, 2021 and 2022
Year Ended December 31
2022 2023 2025
₱ - ₱ - ₱ -
₱ 326,304.00 ₱ 489,456.00 ₱ 652,608.00
₱ - ₱ - ₱ -
₱ 326,304.00 ₱ 489,456.00 ₱ 652,608.00
 Projected Statement of Comprehensive Income
For the Years Ended 2018, 2019, 2020, 2021 and 2022
Year Ended Dec
2020
Net Sales ₱ 1,504,800.00
Less: Cost of Good Sold ₱ 674,640.00
Gross Profit on Sales ₱ 830,160.00
Less: Operating Expenses
Salary Expense ₱ 445,200.00
Selling Expenses ₱ 30,000.00
Supplies Expense ₱ 10,000.00
Depreciation Expense ₱ 15,750.00
Utilities Expense ₱ 30,000.00
Total Selling and Administrative expenses ₱ 530,950.00
Net Income/Loss before tax ₱ 299,210.00
Income tax ₱ 89,763.00
Net Income/loss after tax ₱ 209,447.00
Comprehensive Income
2019, 2020, 2021 and 2022
Year Ended December 31
2021 2022 2023 2025
₱ 1,094,400.00 ₱ 738,720.00 ₱ 1,094,400.00 ₱ 1,463,760.00
₱ 489,456.00 ₱ 326,304.00 ₱ 489,456.00 ₱ 652,608.00
₱ 604,944.00 ₱ 412,416.00 ₱ 604,944.00 ₱ 811,152.00

₱ 445,200.00 ₱ 445,200.00 ₱ 445,200.00 ₱ 445,200.00

₱ 30,000.00 ₱ 30,000.00 ₱ 30,000.00 ₱ 30,000.00
₱ 10,000.00 ₱ 10,000.00 ₱ 10,000.00 ₱ 10,000.00
₱ 15,750.00 ₱ 15,750.00 ₱ 15,750.00 ₱ 15,750.00
₱ 30,000.00 ₱ 30,000.00 ₱ 30,000.00 ₱ 30,000.00
₱ 530,950.00 ₱ 530,950.00 ₱ 530,950.00 ₱ 530,950.00
₱ 73,994.00 -₱ 118,534.00 ₱ 73,994.00 ₱ 280,202.00
₱ 22,198.20 ₱ - ₱ 11,530.14 ₱ 84,060.60
₱ 51,795.80 -₱ 118,534.00 ₱ 62,463.86 ₱ 196,141.40
-₱ 35,560.20 ₱ 38,433.80
₱ 11,530.14
 Projected Statement of Cash Flows
For the Years Ended 2018, 2019, 2020, 2021 and 2022
pre-operating 2020
Cash Reciepts:
Sales ₱ - ₱ 1,504,800.00
Contribution ₱ 600,000.00 ₱ -

Total Cash Reciepts (TCR): ₱ 600,000.00 ₱ 1,504,800.00

Cash Disbursements:
Purchase of merchandise ₱ 674,640.00
Purchase of land ₱ 50,000.00
Purchase of equipment ₱ 45,000.00
Purchase of building ₱ 80,000.00
purchase of furnitures and fixture ₱ 20,000.00
Payment for supplies ₱ 10,000.00
Payment for salaries ₱ 445,200.00
payment for utilities ₱ 30,000.00
payment for selling expenses ₱ 30,000.00
payment for income tax ₱ -
Total cash disbursements ₱ 195,000.00 ₱ 1,189,840.00
Net cash flow ₱ 405,000.00 ₱ 314,960.00
Add: Beg. Cash Balance ₱ - ₱ 405,000.00
Equals: Ending cash balance ₱ 405,000.00 ₱ 719,960.00
cted Statement of Cash Flows
Ended 2018, 2019, 2020, 2021 and 2022
2021 2022 2023 2025

₱ 1,094,400.00 ₱ 738,720.00 ₱ 1,094,400.00 ₱ 1,463,760.00

₱ - ₱ -

₱ 1,094,400.00 ₱ 738,720.00 ₱ 1,094,400.00 ₱ 1,463,760.00

₱ 489,456.00 ₱ 326,304.00 ₱ 489,456.00 ₱ 652,608.00

₱ 10,000.00 ₱ 10,000.00 ₱ 10,000.00 ₱ 10,000.00

₱ 445,200.00 ₱ 445,200.00 ₱ 445,200.00 ₱ 445,200.00
₱ 30,000.00 ₱ 30,000.00 ₱ 30,000.00 ₱ 30,000.00
₱ 30,000.00 ₱ 30,000.00 ₱ 30,000.00 ₱ 30,000.00
₱ 89,763.00 ₱ 22,198.20 ₱ - ₱ 11,530.14
₱ 1,094,419.00 ₱ 863,702.20 ₱ 1,004,656.00 ₱ 1,179,338.14
-₱ 19.00 -₱ 124,982.20 ₱ 89,744.00 ₱ 284,421.86
₱ 719,960.00 ₱ 719,941.00 ₱ 594,958.80 ₱ 684,702.80
₱ 719,941.00 ₱ 594,958.80 ₱ 684,702.80 ₱ 969,124.66