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    Annafunan FS

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    Aring Baquiran
    The document contains financial projections for a rice retail business called BASCO 5 OFWs' Bigasan Center over 5 years, including projected income statements, balance sheets, and cash flows showing increasing sales, profits, assets, and cash balance as the business grows over the 5 year period with a 5% annual sales increase. Key figures include total annual sales projected to increase from $2.2 million in year 1 to $2.7 million in year 5, and net income projected to increase from $97,823 in year 1 to $178,956 in year 5.

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    Annafunan FS

    Uploaded by

    Aring Baquiran
    26 views8 pages
    The document contains financial projections for a rice retail business called BASCO 5 OFWs' Bigasan Center over 5 years, including projected income statements, balance sheets, and cash flows showing increasing sales, profits, assets, and cash balance as the business grows over the 5 year period with a 5% annual sales increase. Key figures include total annual sales projected to increase from $2.2 million in year 1 to $2.7 million in year 5, and net income projected to increase from $97,823 in year 1 to $178,956 in year 5.

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    ANNAFUNAN_FS

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    The document contains financial projections for a rice retail business called BASCO 5 OFWs' Bigasan Center over 5 years, including projected income statements, balance sheets, and cash flows showing increasing sales, profits, assets, and cash balance as the business grows over the 5 year period with a 5% annual sales increase. Key figures include total annual sales projected to increase from $2.2 million in year 1 to $2.7 million in year 5, and net income projected to increase from $97,823 in year 1 to $178,956 in year 5.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    26 views8 pages

    Annafunan FS

    Uploaded by

    Aring Baquiran
    The document contains financial projections for a rice retail business called BASCO 5 OFWs' Bigasan Center over 5 years, including projected income statements, balance sheets, and cash flows showing increasing sales, profits, assets, and cash balance as the business grows over the 5 year period with a 5% annual sales increase. Key figures include total annual sales projected to increase from $2.2 million in year 1 to $2.7 million in year 5, and net income projected to increase from $97,823 in year 1 to $178,956 in year 5.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 8

    MONTHLY ANNUAL TARGET MARKET DEMAND

    Particulars # Barangay Household Can be supplied Total %can be supplied gap


    Cherry Rose Rice 2280 11400 Annafunan 800 95% 760
    Double Diamond 2280 11400
    NFA 2280 11400
    Angelika Rice 2280 11400
    Milagrosa Rice 2280 11400 TOTAL 800 760 95.00% 5.00%
    # BEGINNING INVENTORY # REPLENISHMENT # AVAILABLE FOR SALE # SOLD # ENDING INVENTORY
    SELLING TOTAL TOTAL TOTAL TOTAL
    QTY UNIT COST PER UNITTOTAL COST MARK UP QTY UNIT QTY UNIT QTY UNIT QTY UNIT
    PRICE COST COST COST COST
    PARTICULAR
    RICE
    Cherry Rose Rice 4500 kgs. 32.8 147,600.00 6.56 39.36 27000 kgs. 885,600.00 31500 kgs. ### 27360 kgs. 897,408.00 4140 kgs. 135,792.00
    Double Diamond 4500 kgs. 36.00 162,000.00 7.20 43.20 27000 kgs. 972,000.00 31500 kgs. ### 27360 kgs. 984,960.00 4140 kgs. 149,040.00
    NFA 4500 kgs. 20.00 90,000.00 4.00 24.00 27000 kgs. 540,000.00 31500 kgs. 630,000.00 27360 kgs. 547,200.00 4140 kgs. 82,800.00
    Angelika Rice 4500 kgs. 32.80 147,600.00 6.56 39.36 27000 kgs. 885,600.00 31500 kgs. ### 27360 kgs. 897,408.00 4140 kgs. 135,792.00
    Milagrosa Rice 4500 kgs. 36.00 162,000.00 7.20 43.20 27000 kgs. 972,000.00 31500 kgs. ### 27360 kgs. 984,960.00 4140 kgs. 149,040.00

    TOTAL 22500 709,200.00 ### ### 136800 ### ### 652,464.00


    BASCO 5 OFWS' BIGASAN CENTER
    SCHEDULE OF SALES AND COST OF GOODS SOLD
    PARTICULARS QTY UNIT UNIT COST MARK UP (20%)
    Refill Only
    Cherry Rose Rice 4500 kgs. 32.8 6.56
    Double Diamond 4500 kgs. 36.00 7.20
    NFA 4500 kgs. 20.00 4.00
    Angelika Rice 4500 kgs. 32.80 6.56
    Milagrosa Rice 4500 kgs. 36.00 7.20
    TOTAL

    DEPRECIATION
    EQUIPMENT AND OFFICE FURNITURE SALVAGE USEFUL LIFE
    PARTICULARS QTY AMOUNT VALUE (YEARS)
    EQUIPMENT
    DELIVERY VEHICLE 1 80,000.00 12,000.00 5
    TOTAL 80,000.00

    SALARIES
    ANNUAL SALARY (100/DAY)
    BUSINESS MANAGER 28,800.00
    SALES CLERK 33,600.00
    DRIVER/ HELPER 33,600.00
    CASHIER/BOOKKEEPER 33,600.00
    TOTAL 129,600.00

    * The shop will operate from Monday to Saturday, 288 working days per year
    IGASAN CENTER
    D COST OF GOODS SOLD
    SELLING PRICE QUANTITY SOLD/YR COGS SALES

    39.36 27360 897,408.00 1,076,889.60


    43.20 27360 984,960.00 1,181,952.00
    24.00 27360 547,200.00 656,640.00
    39.36 27360 897,408.00 1,076,889.60
    43.20 27360 984,960.00 1,181,952.00
    1,882,368.00 2,258,841.60

    DEPRECIATION

    13,600.00
    13,600.00
    BASCO 5 OFWS' BIGASAN CENTER
    PROJECTED INCOME STATEMENT
    For the Accounting YEAR 1 TO YEAR 5
    Particulars Year 1 Year 2 Year 3 Year 4
    Sales Revenues 2,258,841.60 2,371,783.68 2,490,372.86 2,614,891.51
    Less: Cost of Goods Sold 1,882,368.00 1,976,486.40 2,075,310.72 2,179,076.26
    Gross Income 376,473.60 395,297.28 415,062.14 435,815.25
    Less: Operating Expenses 278,650.00 278,650.00 278,650.00 278,650.00
    Salaries Expense 129,600.00 129,600.00 129,600.00 129,600.00
    Rent Expense 50,400.00 50,400.00 50,400.00 50,400.00
    Supplies Expense 12,300.00 12,300.00 12,300.00 12,300.00
    Other Supplies Expense 44,150.00 44,150.00 44,150.00 44,150.00
    Maintenance Expense 4,600.00 4,600.00 4,600.00 4,600.00
    Depreciation Expense 13,600.00 13,600.00 13,600.00 13,600.00
    Utilities Expense 24,000.00 24,000.00 24,000.00 24,000.00
    Net income 97,823.60 116,647.28 136,412.14 157,165.25

    Assumptions
    i. Increase of 5% of sales revenues yearly.
    Year 5
    2,745,636.08
    2,288,030.07
    457,606.01
    278,650.00
    129,600.00
    50,400.00
    12,300.00
    44,150.00
    4,600.00
    13,600.00
    24,000.00
    178,956.01
    BASCO 5 OFWS' BIGASAN CENTER
    PROJECTED BALANCE SHEET
    As of the Accounting YEAR 1 TO YEAR 5
    Particulars Year 1 Year 2 Year 3 Year 4 Year 5
    Assets
    Current Assets
    Cash 1,161,823.60 1,342,470.88 1,542,883.02 1,764,048.28 2,007,004.29
    Inventory 652,464.00 652,464.00 652,464.00 652,464.00 652,464.00
    Prepaid Rent 201,600.00 151,200.00 100,800.00 50,400.00
    Non-current Assets
    Equipment and Office Furniture 229,750.00 229,750.00 229,750.00 229,750.00 229,750.00
    Accumulated Depreciation -13,600.00 -27,200.00 -40,800.00 -54,400.00 -68,000.00
    Total Assets 2,232,037.60 2,348,684.88 2,485,097.02 2,642,262.28 2,821,218.29
    Liabilities & Equity
    Equity, beginning 1,134,214.00 2,232,037.60 2,348,684.88 2,485,097.02 2,642,262.28
    Add: Income from operation 97,823.60 116,647.28 136,412.14 157,165.25 178,956.01
    Add: Donated Capital - OWWA Gran 1,000,000.00
    Equity, ending 2,232,037.60 2,348,684.88 2,485,097.02 2,642,262.28 2,821,218.29
    Total Liabilities and Equity 2,232,037.60 2,348,684.88 2,485,097.02 2,642,262.28 2,821,218.29
    0.00 0.00 0.00 0.00 0.00
    BASCO 5 OFWS' BIGASAN CENTER
    PROJECTED CASH FLOW
    As of the Accounting YEAR 1 TO YEAR 5
    Cash Inflows: Year 1 Year 2 Year 3 Year 4 Year 5
    Cash Balance Beginning 1,161,823.60 1,342,470.88 1,542,883.02 1,764,048.28
    Sales 2,258,841.60 2,371,783.68 2,490,372.86 2,614,891.51 2,745,636.08
    OWWA Grant 1,000,000.00
    Total Cash Inflows 3,258,841.60 3,533,607.28 3,832,843.74 4,157,774.53 4,509,684.36

    Cash Outflows:
    Cost of Goods Sold 1,882,368.00 1,976,486.40 2,075,310.72 2,179,076.26 2,288,030.07
    Salaries Expense 129,600.00 129,600.00 129,600.00 129,600.00 129,600.00
    Supplies Expense 12,300.00 12,300.00 12,300.00 12,300.00 12,300.00
    Other Supplies Expense 44,150.00 44,150.00 44,150.00 44,150.00 44,150.00
    Maintenance Expense 4,600.00 4,600.00 4,600.00 4,600.00 4,600.00
    Utilities Expense 24,000.00 24,000.00 24,000.00 24,000.00 24,000.00
    Total Cash Outflows 2,097,018.00 2,191,136.40 2,289,960.72 2,393,726.26 2,502,680.07
    Cash Balance Ending 1,161,823.60 1,342,470.88 1,542,883.02 1,764,048.28 2,007,004.29

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