INCREASE
Sales 5%
Cost of Good Solds 5%
CAPITAL INVESTMENT
BLAS, ALYSSA MAE 1,000,000.00
CARALIPIO, IRENE CAMILLE 1,000,000.00
CHAVEZ, IVAN REY 1,000,000.00
ESTARIS, CARL JOSEPH 1,000,000.00
NAVAL, JEROM 1,000,000.00
PASCUAL, ROSE ANN 1,000,000.00
POLICARPIO, RAPHAEL ANGELO 1,000,000.00
SINOGBOHAN, CAMILLE 1,000,000.00
TUSI, JUDY ANN 1,000,000.00
VALDEZ, GLADWIN 1,000,000.00
PRE-OPERATING EXPENSE
ANNUAL RENTALS 9A 144,000.00
BUILDING CONSTRUCTION 9A 114,733.90
KITCHEN EQUIPMENT 2C 350.00
OFFICE FURNITURES AND FIXTURES 2B 44,539.00
OFFICE EQUIPMENT 2A 141,755.00
ORGANIZATION EXPENSE 14 8,170.00
INSTALLATION EXPENSE 9 27,000.00
PRE-ADVERTISING EXPENSE 4 136,950.00
MAINTENANCE AND ACCOUNTANT FEE 12 24,216.00
Net Cash on Hand
10,000,000.00
641,713.90
9,358,286.10
NOTE
Sales 8
Cost of Goods Sold 11
Gross Profit
Operating Expenses
Marketing Expense 4
Utilities Expense 9
Salaries and Wages Expense 6A
Labor Related Expenses 13
Depreciation Expense 5
Maintenance Supplies 7
Store and Office Supplies 2
SSS Expense 6B
Philhealth Expense 6B
HDMF Expense 6B
Security and Accountant's Professional Fee Expense 12
Medicine Expense 3
VAT Expense 10
Total Operating Expense
Net Income Before Tax
30% Business Tax
Net Income After Tax
2019 2020 2021 2022 2023
24,771,015.00 26,009,565.75 27,310,044.04 28,675,546.24 30,109,323.55
12,385,507.50 13,004,782.88 13,655,022.02 14,337,773.12 15,054,661.78
12,385,507.50 13,004,782.88 13,655,022.02 14,337,773.12 15,054,661.78
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents 13,320,401.16 17,709,177.62
Trade and Other Receivables - -
Inventories 247,710.15 260,095.66
Prepaid expense 172,120.00 172,120.00
Total Current Asset 13,740,231.31 18,141,393.28
NONCURRENT ASSETS
Property, Plant and Equipment 469,593.90 469,593.90
Accumulated Depreciation (163,199.05) (326,398.09)
Total Noncurrent Assets 306,394.85 143,195.81
- - - -
- - - -
- - - -
Year 2019
BLAS, ALYSSA MAE CARALIPIO, IRENE CAMILLE
BEGINNING 1,000,000.00 1,000,000.00
ADD:
NET INCOME
3,060,797.78 306,079.78 306,079.78
Year 2020
BLAS, ALYSSA MAE CARALIPIO, IRENE CAMILLE
BEGINNING 1,306,079.78 1,306,079.78
ADD:
NET INCOME
3,195,052.71 319,505.27 319,505.27
Year 2021
BLAS, ALYSSA MAE CARALIPIO, IRENE CAMILLE
BEGINNING 1,625,585.05 1,625,585.05
ADD:
NET INCOME
3,334,060.64 333,406.06 333,406.06
Year 2022
BLAS, ALYSSA MAE CARALIPIO, IRENE CAMILLE
BEGINNING 1,958,991.11 1,958,991.11
ADD:
NET INCOME
3,477,902.43 347,790.24 347,790.24
TOTAL 2,306,781.36 2,306,781.36
Year 2023
BLAS, ALYSSA MAE CARALIPIO, IRENE CAMILLE
BEGINNING 2,306,781.36 2,306,781.36
ADD:
NET INCOME
3,626,650.46 362,665.05 362,665.05
POLICARPIO, RAPHAEL ANGELO SINOGBOHAN, CAMILLE TUSI, JUDY ANN VALDEZ, GLADWIN
1,306,079.78 1,306,079.78 1,306,079.78 1,306,079.78
POLICARPIO, RAPHAEL ANGELO SINOGBOHAN, CAMILLE TUSI, JUDY ANN VALDEZ, GLADWIN
1,625,585.05 1,625,585.05 1,625,585.05 1,625,585.05
POLICARPIO, RAPHAEL ANGELO SINOGBOHAN, CAMILLE TUSI, JUDY ANN VALDEZ, GLADWIN
1,958,991.11 1,958,991.11 1,958,991.11 1,958,991.11
POLICARPIO, RAPHAEL ANGELO SINOGBOHAN, CAMILLE TUSI, JUDY ANN VALDEZ, GLADWIN
2,306,781.36 2,306,781.36 2,306,781.36 2,306,781.36
- - -
1.00 1.00 1.00
PRE- OPERATING EXPENSES
NOTE 1
PARTICULARS NOTE
PRE-OPERATING EXPENSE
ANNUAL RENTALS 9A 144,000.00
BUILDING CONSTRUCTION 9A 114,733.90
KITCHEN EQUIPMENT 2C 350.00
OFFICE FURNITURES AND FIXTURES 2B 44,539.00
OFFICE EQUIPMENT 2A 141,755.00
ORGANIZATION EXPENSE 14 8,170.00
INSTALLATION EXPENSE 9 27,000.00
PRE-ADVERTISING EXPENSE 4 136,950.00
MAINTENANCE AND ACCOUNTANT FEE 12 24,216.00
PERMITS AND LICENSES RENEWAL EXPENSE 14 Err:509
Err:509
OFFICE TOOLS AND SUPPLIES
NOTE 2
NO. PARTICULARS QTY
1 BALLPEN 1 BOX
2 TICKLER 3
3 BOND PAPER (SHORT) 1 RIM
4 BOND PAPER (LONG) 1 RIM
5 STAPLER 3
6 PUNCHER 2
7 TAPE DISPENSER 2
8 PENCIL 1 BOX
9 WHITE BOARD 1
10 WHITE BOARD MARKER 1 BOX
11 CORRECTION TAPE 5
12 DATE STAMP 2
13 LOG BOOK 3
14 PRINTER INK 2
15 STAPLE WIRE 1 BOX
16 PAPER RECEIPT 3
17 DAILY TIME RECORD 1 PACK
18 WHITE BOARD ERASER 2
OOLS AND SUPPLIES
NOTE 2
UNIT PRICE COST/MONTH ANNUAL COST
310.00 310.00 3,720.00
12.00 36.00 432.00
155.00 155.00 1,860.00
185.00 185.00 2,220.00
99.00 297.00 3,564.00
202.00 404.00 4,848.00
80.00 160.00 1,920.00
96.00 96.00 1,152.00
159.00 159.00 1,908.00
350.00 350.00 4,200.00
45.00 225.00 2,700.00
50.00 100.00 1,200.00
70.00 210.00 2,520.00
75.00 150.00 1,800.00
65.00 65.00 780.00
170.00 510.00 6,120.00
280.00 280.00 3,360.00
20.00 40.00 480.00
TOTAL 3,732.00 44,784.00
OFFICE EQUIPMENT
NOTE 2A
PRE-ADVERTISING EXPENSES
MONTH
MARCH
APRIL.
MAY
JUNE
JULY
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
JANUARY
FEBRUARY
ADVERTISING EXPENSE
NOTE 4
NG EXPENSES
PROGRAM TITLE
SOFT OPENING
GRAND OPENING
SUMMER TIME BESSY
GRADUATION TIME BESSY
aMAYzing
JUNEdependence DAY
JULY Makulay
AUGUSTO KO YAN
RAIN RAIN GO AWAY
OctoberBEST
NOVEMBERRIFIC
deSHAREber
New Year, New Life, New Taste
FEB G!
MARKETING EXPENSES
EXPENSES
6,000.00
3,500.00
20,000.00
2,500.00
3,850.00
13,500.00
8,950.00
7,500.00
15,000.00
15,200.00
9,950.00
15,000.00
6,000.00
10,000.00
136,950.00
DEPRECIATION EXPENSE
NOTE 5
2019
NO. PARTICULARS INSTALLATION MONTHLY DUES
1 ELECTRICITY EXPENSE 10,000.00 90,610.00
2 WATER EXPENSE 15,000.00 4,000.00
3 TELEPHONE & WIFI 2,000.00 2,600.00
TOTAL 27,000.00 97,210.00
Note:
* electricity expese is assumed at P90,610/ month, expecting it to rise at 8% per annum
*water expense is assumed at P4,000/month, expecting it to rise at 5% per annum
2020
NO. PARTICULARS INSTALLATION MONTHLY DUES
1 ELECTRICITY EXPENSE 97,858.80
2 WATER EXPENSE 4,320.00
3 TELEPHONE & WIFI 2,808.00
TOTAL
2021
NO. PARTICULARS INSTALLATION MONTHLY DUES
1 ELECTRICITY EXPENSE 105,687.50
2 WATER EXPENSE 4,665.60
3 TELEPHONE & WIFI 3,032.64
TOTAL
2022
NO. PARTICULARS INSTALLATION MONTHLY DUES
1 ELECTRICITY EXPENSE 114,142.50
2 WATER EXPENSE 5,038.85
3 TELEPHONE & WIFI 3,275.25
TOTAL
2023
NO. PARTICULARS INSTALLATION MONTHLY DUES
1 ELECTRICITY EXPENSE 123,273.90
2 WATER EXPENSE 5,441.96
3 TELEPHONE & WIFI 3,537.27
TOTAL
ANNUAL EXPENSES
1,087,320.00
48,000.00
31,200.00
1,166,520.00
ANNUAL EXPENSES
1,174,305.60
51,840.00
33,696.00
1,259,841.60
ANNUAL EXPENSES
1,268,250.05
55,987.20
36,391.68
1,360,628.93
ANNUAL EXPENSES
1,369,710.05
60,466.18
39,303.01
1,469,479.24
ANNUAL EXPENSES
1,479,286.86
65,303.47
42,447.26
1,587,037.58
RENT AND BUILDING CONSTRUCTION
NOTE 9A
NO.
1
2
3
4
5
6
Rent
BUILDING DEPRECIATION
Annual Rent
Lease Term
Useful Life of Building (Years)
Restoration Cost
Implicit Rate
PV Factor for 5 years
Annual Depreciation
RENT AND BUILDING CONSTRUCTION
NOTE 9A
Description
Interior walls and ceilings
Electrical and plumbing
Roofing materials
Doors, windows and accessories
Carpeting and tiles
Painting materials
COMPUTATION
144,000.00
5
25
114,733.90
10%
3.79
545904
114,733.90
660,637.90
5
132127.58
Cost
23,116.00
9,100.00
25,740.00
8,310.00
8,750.00
9,717.90
75,000.00
30,000.00
114,733.90
11,473.39
144,000.00
258,733.90
VAT PAYABLE
NOTE 10
SALES 24,771,015.00
VAT 12.00%
SALES VAT EXPENSE 2,972,521.80
Goods CGS per unit
BOODLE SET A ₱ 74.50
BOODLE SET B ₱ 149.50
BOODLE SET C ₱ 224.50
BOODLE SET D ₱ 299.50
BOODLE SET E ₱ 374.50
INIHAW BANGUS ₱ 49.50
INIHAW TILAPIA ₱ 25.00
INIHAW MANOK ₱ 39.50
INIHAW LIEMPO ₱ 39.50
INIHAW SQUID ₱ 250.00
PINIRITO GALUNGGONG ₱ 44.50
PINIRITO TILAPIA ₱ 29.50
PINIRITO MANOK ₱ 39.50
PINIRITO PORKCHOP ₱ 39.50
PINIRITO DAING ₱ 39.50
SINANGAG NA SHIRMP ₱ 105.00
NILAGANG BUTO-BUTO ₱ 74.50
NILAGANG BABOY ₱ 74.50
SINIGANG NA MANOK ₱ 69.50
SINIGANG NA BAKA ₱ 74.50
SINIGANG NA SHRIMP ₱ 105.00
PAKSIW NA BANGUS ₱ 69.50
TINOLA ₱ 69.50
DINUGUAN ₱ 64.50
KALDERETA (MANOK) ₱ 69.50
KALDERETA (BABOY) ₱ 69.50
BINAGOONGANG BABOY ₱ 64.50
PINAKBET ₱ 37.50
AMPALAYA ₱ 29.50
ADOBONG KANGKONG ₱ 34.50
GINATAANG LANGKA ₱ 60.00
CUP OF PLAIN RICE ₱ 5.00
BOWL OF PLAIN RICE ₱ 25.00
SEAFOOD RICE ₱ 49.50
FRIED RICE ₱ 22.50
COFFEE ₱ 12.50
MILK ₱ 12.50
TEA ₱ 12.50
CHOCOLATE ₱ 12.50
BOTTLE WATER ₱ 6.00
GLASS OF JUICES ₱ 6.00
2LITERS SOFT DRINKS ₱ 42.50
247,710.15
12,385,507.50
12,633,217.65
annual cost
₱97,073.50
₱217,971.00
₱444,510.00
₱405,523.00
₱468,125.00
₱386,991.00
₱140,700.00
₱290,285.50
₱238,817.00
₱808,000.00
₱331,747.50
₱216,854.50
₱399,503.00
₱331,523.50
₱265,637.50
₱596,715.00
₱221,339.50
₱431,131.50
₱239,080.00
₱341,806.00
₱514,500.00
₱376,829.00
₱275,359.00
₱373,261.50
₱380,512.50
₱471,071.00
₱343,011.00
₱230,700.00
₱144,550.00
₱167,221.50
₱331,560.00
₱629,885.00
₱122,500.00
₱219,334.50
₱242,977.50
₱131,700.00
₱106,925.00
₱118,012.50
₱128,437.50
₱45,378.00
₱43,188.00
₱115,260.00
₱12,385,507.50
MAINTENANCE AND ACOUNTANT FEE
NOTE 12
3,000.00
3,000.00
2,000.00
2,000.00
2,000.00
33,000.00
COST
3,000.00
40,000.00
30,000.00
14,000.00
87,000.00
UNIT COST
650.00 15,600.00
800.00 1,600.00
700.00 1,400.00
TOTAL 18,600.00
138,600.00
ORGANIZATION EXPENSE
NOTE 14
No.
1
3
4
5
6
7
8
9
10
ORGANIZATION EXPENSE
NOTE 14
Particulars Cost
OCCUPATIONAL TAX 45.00
ECOLOGICAL AND WASTE MANAGEMENT 50.00
PEACE AND ORDER CHARGE 25.00
BUSINESS PLATE/STICKER FEE 300.00
SANITARY INSPECTION FEE 200.00
ANNUAL ELECTRICAL INSPECTION FEE 325.00
ANNUAL PLUMBING INSPECTION FEE 60.00
ANNUAL SIGNBOARDS INSPECTION FEE 30.00
ANNUAL BUILDING INSPECTION 120.00
LOCATION CLEARANCE FEE 100.00
FIRE INSPECTION FEE 200.00
BARANGAY CLEARANCE 200.00
DOCUMENTARY STAMP 15.00
BUSINESS PERMIT 3,000.00
DTI PERMIT 3,500.00
Organization Expense 8,170.00
CAPITAL INVESTMENT
NOTE 15