PAYTEL
FORECASTED REVENUE
Units sold
annually
Average
price per unit
Annual revenue
per product
Bulk sms
18250000
30.00
547,500,000.00
Bill payments
3650000
200.00
730,000,000.00
shortcode
1825000
100.00
182,500,000.00
Ussd gateway
365000
200.00
73,000,000.00
Airtime purchases
3650000
1,000.00
3,650,000,000.00
5,183,000,000.00
Annual cost of
goods sold
Bulk sms
15%
82,125,000.00
Bill payments
100%
730,000,000.00
Ussd gateway
100%
73,000,000.00
shortcode
30%
1,095,000,000.00
Airtime purchases
5%
182,500,000.00
2,162,625,000.00
15%
ASSET DEPRECIATION
Number of Years
TAX
Annual Tax Rate
18%
INFLATION
Annual Inflation Rate
7%
0%
FUNDING
Loan Amount
Annual interest rate
Term of loan (months)
100,000,000.00
0.00%
60
Monthly rate
Payment
Total Amount Payable
0.00%
1,666,666.67
100,000,000.00
Year 2
Year 3
0.00%
0.10%
0.20%
0.00%
6.60%
13.20%
Year 1
Year 2
Year 3
INCOME
Revenue
Bulk sms
547,500,000.00
548,047,500.00
549,143,595.00
Bill payments
730,000,000.00
730,730,000.00
732,191,460.00
Ussd gateway
73,000,000.00
73,073,000.00
73,219,146.00
3,650,000,000.00
3,653,650,000.00
3,660,957,300.00
5,000,500,000.00
5,005,500,500.00
5,015,511,501.00
82,125,000.00
87,545,250.00
99,101,223.00
Bill payments
730,000,000.00
778,180,000.00
880,899,760.00
Ussd gateway
73,000,000.00
77,818,000.00
88,089,976.00
182,500,000.00
194,545,000.00
220,224,940.00
2,162,625,000.00
2,305,358,250.00
2,609,665,539.00
2,837,875,000.00
2,700,142,250.00
2,405,845,962.00
Airtime purchases
Total revenue
Cost of Sales
Bulk sms
Airtime purchases
Cost of goods sold
Gross Profit
Non-Operation Income
Rental
###
Interest income
###
1,000.00
TOTAL INCOME
20,000,000.00
30,000,000.00
40,000,000.00
20,000,000.00
30,000,000.00
40,001,000.00
2,857,875,000.00
2,730,142,250.00
2,445,846,962.00
36,000,000.00
38,376,000.00
43,441,632.00
EXPENSES
Operating expenses
Sales and marketing
Depreciation
Insurance
Payroll and Payroll Tax
Property taxes
6,000.00
6,396.00
6,792.00
1,000,000.00
1,066,000.00
1,206,712.00
36,000,000.00
38,376,000.00
43,441,632.00
6,000,000.00
1,599.00
1,698.00
Utilities
7,300,000.00
7,781,800.00
8,808,997.60
Administrative fees
Other
5,000,000.00
5,330,000.00
6,033,560.00
91,306,000.00
90,937,795.00
102,941,023.60
Unexpected Expenses
5,000,000.00
5,000,000.00
###
Other expenses
1,000,000.00
1,000,000.00
5,000,000.00
6,000,000.00
6,000,000.00
10,000,000.00
97,306,000.00
96,937,795.00
112,941,023.60
496,902,420.00
473,976,801.90
419,923,068.91
TOTAL EXPENSES
TAXES
Income Tax
Other Tax (specify)
TOTAL TAXES
NET PROFIT
###
496,902,420.00
473,976,801.90
419,923,068.91
2,263,666,580.00
2,159,227,653.10
1,912,982,869.49
Year 4
Year 5
0.30%
0.40%
19.80%
26.40%
Year 4
Year 5
550,791,025.79
552,994,189.89
734,388,034.38
737,325,586.52
73,438,803.44
73,732,558.65
3,671,940,171.90
3,686,627,932.59
5,030,558,035.50
5,050,680,267.65
118,723,265.15
150,066,207.15
1,055,317,912.48
1,333,921,841.37
105,531,791.25
133,392,184.14
263,829,478.12
333,480,460.34
3,126,379,315.72
3,951,743,455.07
1,904,178,719.78
1,098,936,812.57
50,000,000.00
60,000,000.00
50,000,000.00
60,000,000.00
1,954,178,719.78
1,158,936,812.57
52,043,075.14
65,782,446.97
7,188.00
7,584.00
1,445,640.98
1,827,290.19
52,043,075.14
65,782,446.97
1,797.00
1,896.00
10,553,179.12
13,339,218.41
7,228,204.88
9,136,450.97
123,322,160.25
155,877,333.52
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
10,000,000.00
133,322,160.25
165,877,333.52
327,754,180.72
178,750,706.23
327,754,180.72
178,750,706.23
1,493,102,378.81
814,308,772.82
ASSETS
Current Assets
Cash and short-term investments
Initial balance
50,000,000.00
Year 1
Year 2
2,293,772,580.00
4,432,956,629.10
Accounts receivable
Total inventory
Prepaid expenses
5,000.00
5,000.00
5,000.00
50,005,000.00
2,293,777,580.00
4,432,961,629.10
Year 1
Year 2
Initial balance
Buildings
20,000.00
20,000.00
20,000.00
Land
10,000.00
10,000.00
10,000.00
Capital improvements
Machinery and equipment
10,000.00
Other Assets
40,000.00
Initial balance
10,000.00
10,000.00
6,000.00
12,396.00
34,000.00
27,604.00
Year 1
Year 2
Goodwill
Long-term investments
Deposits
TOTAL ASSETS
50,045,000.00
2,293,811,580.00
4,432,989,233.10
LIABILITIES
Current Liabilities
Initial balance
Year 1
Year 2
Accounts payable
Accrued expenses
Capital leases
Initial balance
Year 1
Year 2
Long-term debt/loan
100,000,000.00
80,000,000.00
60,000,000.00
100,000.00
200,000.00
150,000.00
100,100,000.00
80,200,000.00
60,150,000.00
Total Debt
Other Liabilities
Other liabilities (vps servers)
Other liabilities (specify)
Total Other Liabilities
TOTAL LIABILITIES
Initial balance
Year 1
Year 2
4,800,000.00
4,800,000.00
4,800,000.00
4,800,000.00
4,800,000.00
4,800,000.00
104,800,000.00
84,800,000.00
64,800,000.00
EQUITY
Initial balance
Year 1
Year 2
100,000,000.00
100,000,000.00
100,000,000.00
Paid-in capital
100,000,000.00
100,000,000.00
100,000,000.00
Preferred equity
Retained earnings
2,263,666,580.00
4,422,894,233.10
TOTAL EQUITY
200,000,000.00
2,463,666,580.00
4,622,894,233.10
304,800,000.00
2,548,466,580.00
4,687,694,233.10
Year 3
Year 4
6,325,970,290.59
Year 5
7,799,129,857.40
8,593,371,214.22
5,000.00
5,000.00
5,000.00
6,325,975,290.59
7,799,134,857.40
8,593,376,214.22
Year 3
Year 4
Year 5
20,000.00
20,000.00
20,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
19,188.00
26,376.00
33,960.00
20,812.00
13,624.00
6,040.00
Year 3
Year 4
Year 5
6,325,996,102.59
Year 3
7,799,148,481.40
Year 4
8,593,382,254.22
Year 5
Year 3
Year 4
Year 5
40,000,000.00
20,000,000.00
175,000.00
225,000.00
150,000.00
40,175,000.00
20,225,000.00
150,000.00
Year 3
Year 4
Year 5
4,800,000.00
4,800,000.00
4,800,000.00
4,800,000.00
4,800,000.00
4,800,000.00
44,800,000.00
24,800,000.00
4,800,000.00
Year 3
Year 4
Year 5
100,000,000.00
100,000,000.00
100,000,000.00
100,000,000.00
100,000,000.00
100,000,000.00
6,335,877,102.59
7,828,979,481.40
8,643,288,254.22
6,535,877,102.59
8,028,979,481.40
8,843,288,254.22
6,580,677,102.59
8,053,779,481.40
8,848,088,254.22
Year 1
Net income
Depreciation
Year 2
Year 3
2,263,666,580.00
2,159,227,653.10
1,912,982,869.49
6,000.00
6,396.00
6,792.00
Accounts receivable
Inventories
Accounts payable
Amortization
Other liabilities
2,263,672,580.00
Investing activities
Year 1
2,159,234,049.10
Year 2
Year 3
Capital expenditures
Acquisition of business
Year 1
-
1,912,989,661.49
###
-
Year 2
19,900,000.00 -
1,000.00
1,000.00
Year 3
20,050,000.00 -
19,975,000.00
Preferred stock
Common stock
19,900,000.00 -
20,050,000.00 -
19,975,000.00
2,243,772,580.00
2,139,184,049.10
1,893,013,661.49
50,000,000.00
2,293,772,580.00
4,432,956,629.10
2,293,772,580.00
4,432,956,629.10
6,325,970,290.59
Year 4
Year 5
1,493,102,378.81
814,308,772.82
8,643,288,254.22
7,188.00
7,584.00
33,960.00
1,493,109,566.81
Year 4
814,316,356.82
8,643,322,214.22
Year 5
Total
Year 4
-
Total
Year 5
19,950,000.00 -
1,000.00
1,000.00
Total
20,075,000.00 -
99,950,000.00
19,950,000.00 -
20,075,000.00 -
1,473,159,566.81
794,241,356.82
6,325,970,290.59
7,799,129,857.40
7,799,129,857.40
8,593,371,214.22
99,950,000.00
8,543,371,214.22
MONTH
1
BALANCE
SCHEDULED PAYMENT
100,000,000.00
100,000,000.00
1,666,666.67
PRINCIPAL
INTEREST
1,666,666.67
98,333,333.33
1,666,666.67
1,666,666.67
96,666,666.67
1,666,666.67
1,666,666.67
95,000,000.00
1,666,666.67
1,666,666.67
93,333,333.33
1,666,666.67
1,666,666.67
91,666,666.67
1,666,666.67
1,666,666.67
90,000,000.00
1,666,666.67
1,666,666.67
88,333,333.33
1,666,666.67
1,666,666.67
86,666,666.67
1,666,666.67
1,666,666.67
10
85,000,000.00
1,666,666.67
1,666,666.67
11
83,333,333.33
1,666,666.67
1,666,666.67
12
81,666,666.67
1,666,666.67
1,666,666.67
13
80,000,000.00
1,666,666.67
1,666,666.67
14
78,333,333.33
1,666,666.67
1,666,666.67
15
76,666,666.67
1,666,666.67
1,666,666.67
16
75,000,000.00
1,666,666.67
1,666,666.67
17
73,333,333.33
1,666,666.67
1,666,666.67
18
71,666,666.67
1,666,666.67
1,666,666.67
19
70,000,000.00
1,666,666.67
1,666,666.67
20
68,333,333.33
1,666,666.67
1,666,666.67
21
66,666,666.67
1,666,666.67
1,666,666.67
22
65,000,000.00
1,666,666.67
1,666,666.67
23
63,333,333.33
1,666,666.67
1,666,666.67
24
61,666,666.67
1,666,666.67
1,666,666.67
25
60,000,000.00
1,666,666.67
1,666,666.67
26
58,333,333.33
1,666,666.67
1,666,666.67
27
56,666,666.67
1,666,666.67
1,666,666.67
28
55,000,000.00
1,666,666.67
1,666,666.67
29
53,333,333.33
1,666,666.67
1,666,666.67
30
51,666,666.67
1,666,666.67
1,666,666.67
31
50,000,000.00
1,666,666.67
1,666,666.67
32
48,333,333.33
1,666,666.67
1,666,666.67
33
46,666,666.67
1,666,666.67
1,666,666.67
34
45,000,000.00
1,666,666.67
1,666,666.67
35
43,333,333.33
1,666,666.67
1,666,666.67
36
41,666,666.67
1,666,666.67
1,666,666.67
37
40,000,000.00
1,666,666.67
1,666,666.67
38
38,333,333.33
1,666,666.67
1,666,666.67
39
36,666,666.67
1,666,666.67
1,666,666.67
40
35,000,000.00
1,666,666.67
1,666,666.67
41
33,333,333.33
1,666,666.67
1,666,666.67
42
31,666,666.67
1,666,666.67
1,666,666.67
43
30,000,000.00
1,666,666.67
1,666,666.67
44
28,333,333.33
1,666,666.67
1,666,666.67
45
26,666,666.67
1,666,666.67
1,666,666.67
46
25,000,000.00
1,666,666.67
1,666,666.67
47
23,333,333.33
1,666,666.67
1,666,666.67
48
21,666,666.67
1,666,666.67
1,666,666.67
49
20,000,000.00
1,666,666.67
1,666,666.67
50
18,333,333.33
1,666,666.67
1,666,666.67
51
16,666,666.67
1,666,666.67
1,666,666.67
52
15,000,000.00
1,666,666.67
1,666,666.67
53
13,333,333.33
1,666,666.67
1,666,666.67
54
11,666,666.67
1,666,666.67
1,666,666.67
55
10,000,000.00
1,666,666.67
1,666,666.67
56
8,333,333.33
1,666,666.67
1,666,666.67
57
6,666,666.67
1,666,666.67
1,666,666.67
58
5,000,000.00
1,666,666.67
1,666,666.67
59
3,333,333.33
1,666,666.67
1,666,666.67
60
1,666,666.67
1,666,666.67
1,666,666.67