Jirlyn's Dried Catfish

Pre-operating Statement of Financial Position

January 1, 2018

A S S E T

Current Asset
Cash 137,555.32
Petty Cash Fund 10,000.00
Inventory 29,744.66
Prepaid Rent 21,000.00
Total Current Asset 198,299.98

Non-current Asset
Factory Building 1,315,875.02
Retail Shop 240,000.00
Delivery Vehicle 90,000.00
Office Equipment 48,475.00
Furniture & Fixtures 7,350.00
Total Non-current Asset 1,701,700.02
TOTAL ASSET 1,900,000.00

L I A B I L I T Y & P ARTN E R ' S E Q U I T Y

Liability -

Partner's Equity
Partner A Capital 380,000.00
Partner B Capital 380,000.00
Partner C Capital 380,000.00
Partner D Capital 380,000.00
Partner E Capital 380,000.00
Total Equity 1,900,000.00
TOTAL LIABILITY & PARTNER'S EQUITY 1,900,000.00
 Jirlyn's Dried Catfish
Pre-operating Cash Flow
January 1, 2018

Cash Flow from Operating Activities:

Increase in Invetory (29,744.66)
Increase in Prepaid Rent (21,000.00)
Net Cash Used in Operating Activities (50,744.66)

Cash Flow from Investing Activities

Purchase of Property Plant & Equipment (1,701,700.02)
Net Cash Used in Investing Activities (1,701,700.02)

Cash Flow from Financing Activities

Capital Investment 1,900,000.00
Net Cash Used in Financing Activities 1,900,000.00
Net Increase in Cash & Cash Equivalents 147,555.32
 Jirlyn's Dried Catfish
Statement of Financial Position
From December 31, 2018 - December 31, 2022

2018 2019
ASSET
Current Asset
Cash 430,722.38 444,704.79
Petty Cash Fund 10,000.00 10,000.00
Accounts Receivable 278,410.06 292,330.56
Allowance for Doubtful Accounts (13,920.50) (28,537.03)
Inventory 31,231.90 33,475.27
Prepaid Rent 21,000.00 21,000.00
Total Current Asset 757,443.83 772,973.59
Non-Current Asset
Factory Building 1,315,875.02 1,315,875.02
Retail Shop 240,000.00 240,000.00
Delivery Vehicle 90,000.00 90,000.00
Office Equipment 48,475.00 48,475.00
Furniture & Fixtures 7,350.00 7,350.00
Accumulated Depreciation - Factory Building (43,862.50) (87,725.00)
Accumulated Depreciation - Retail Shop (8,000.00) (16,000.00)
Accumulated Depreciation - Delivery Vehicle (12,857.14) (25,714.29)
Accumulated Depreciation - Office Equipment (9,695.00) (19,390.00)
Accumulated Depreciation - Furniture & Fixture (735.00) (1,470.00)
Total Non-Current Asset 1,626,550.38 1,551,400.73
TOTAL ASSET 2,383,994.21 2,324,374.32

LIABILITY & PARTNER'S EQUITY

LIABILITY
Current Liability
VAT Payable 320,744.44 337,143.46
Income Tax Payable 198,974.93 186,886.81
Total Current Liability 519,719.37 524,030.27
Total Liability 519,719.37 524,030.27
PARTNER'S EQUITY
Partner A Capital 372,854.97 360,068.81
Partner B Capital 372,854.97 360,068.81
Partner C Capital 372,854.97 360,068.81
Partner D Capital 372,854.97 360,068.81
Partner E Capital 372,854.97 360,068.81
Total Partner's Equity 1,864,274.84 1,800,344.05
TOTAL LIABILITY & PARTNER'S EQUITY 2,383,994.21 2,324,374.32
- -
ition
ber 31, 2022

2020 2021 2022

563,654.77 753,174.54 960,016.61

10,000.00 10,000.00 10,000.00
306,947.09 322,294.44 338,409.17
(43,884.39) (59,999.11) (76,919.57)
34,840.34 36,272.25 94,435.48
21,000.00 21,000.00 21,000.00
892,557.81 1,082,742.12 1,346,941.69

1,315,875.02 1,315,875.02 1,315,875.02

240,000.00 240,000.00 240,000.00
90,000.00 90,000.00 90,000.00
48,475.00 48,475.00 48,475.00
7,350.00 7,350.00 7,350.00
(131,587.50) (175,450.00) (219,312.50)
(24,000.00) (32,000.00) (40,000.00)
(38,571.43) (51,428.57) (64,285.71)
(29,085.00) (38,780.00) (48,475.00)
(2,205.00) (2,940.00) (3,675.00)
1,476,251.09 1,401,101.45 1,325,951.80
2,368,808.90 2,483,843.57 2,672,893.49

354,173.43 372,054.91 390,830.45

214,287.42 243,432.19 274,111.97
568,460.86 615,487.09 664,942.42
568,460.86 615,487.09 664,942.42

360,069.61 373,671.30 401,590.21

360,069.61 373,671.30 401,590.21
360,069.61 373,671.30 401,590.21
360,069.61 373,671.30 401,590.21
360,069.61 373,671.30 401,590.21
1,800,348.04 1,868,356.48 2,007,951.07
2,368,808.90 2,483,843.57 2,672,893.49
- - -
 Jirlyn's Dried Catfish
Statement of Cash Flows
From December 31, 2018 - December 31, 2022

2018 2019 2020

Cash Flow from Operating Activities:
Netincome/Loss 464,274.84 436,069.21 500,003.99
Depreciation 75,149.64 75,149.64 75,149.64
Bad Debts Expense 13,920.50 14,616.53 15,347.35
Increase in Invetory (1,487.23) (2,243.37) (1,365.06)
Increase in Accounts Recevable (278,410.06) (13,920.50) (14,616.53)
Increase in VAT Payable 320,744.44 16,399.02 17,029.97
Increase in Income Tax Payable 198,974.93 (12,088.12) 27,400.62
Net Cash Used in Operating Activities 793,167.06 513,982.41 618,949.98

Cash Flow from Financing Activities

Partner's Drawings (500,000.00) (500,000.00) (500,000.00)
Net Cash Used in Financing Activities (500,000.00) (500,000.00) (500,000.00)
Beginning Cash & Cash Equivalents 147,555.32 440,722.38 454,704.79
Net Increase in Cash & Cash Equivalents 440,722.38 454,704.79 573,654.77
 2021 2022

568,008.44 639,594.59
75,149.64 75,149.64
16,114.72 16,920.46
(1,431.91) (58,163.23)
(15,347.35) (16,114.72)
17,881.47 18,775.55
29,144.76 30,679.78
689,519.77 706,842.07

(500,000.00) (500,000.00)
(500,000.00) (500,000.00)
573,654.77 763,174.54
763,174.54 970,016.61
 Jirlyn's Dried Catfish
Statement of Partner's Equity
From December 31, 2018 - December 31, 2022

2018 2019 2020

Balance Beginning:
Partner A Capital 380,000.00 372,854.97 360,068.81
Partner B Capital 380,000.00 372,854.97 360,068.81
Partner C Capital 380,000.00 372,854.97 360,068.81
Partner D Capital 380,000.00 372,854.97 360,068.81
Partner E Capital 380,000.00 372,854.97 360,068.81
Total 1,900,000.00 1,864,274.84 1,800,344.05
Add: Net Income from Operation 464,274.84 436,069.21 500,003.99
Total 2,364,274.84 2,300,344.05 2,300,348.04
Less Drawings
Partner A Capital (100,000.00) (100,000.00) (100,000.00)
Partner B Capital (100,000.00) (100,000.00) (100,000.00)
Partner C Capital (100,000.00) (100,000.00) (100,000.00)
Partner D Capital (100,000.00) (100,000.00) (100,000.00)
Partner E Capital (100,000.00) (100,000.00) (100,000.00)
Total (500,000.00) (500,000.00) (500,000.00)
Balance Ending 1,864,274.84 1,800,344.05 1,800,348.04

Net Increase in Cash & Cash Equivalents (100,000.00) (100,000.00) (100,000.00)

2

2021 2022

360,069.61 373,671.30
360,069.61 373,671.30
360,069.61 373,671.30
360,069.61 373,671.30
360,069.61 373,671.30
1,800,348.04 1,868,356.48
568,008.44 639,594.59
2,368,356.48 2,507,951.07

(100,000.00) (100,000.00)
(100,000.00) (100,000.00)
(100,000.00) (100,000.00)
(100,000.00) (100,000.00)
(100,000.00) (100,000.00)
(500,000.00) (500,000.00)
1,868,356.48 2,007,951.07

(100,000.00) (100,000.00)
 Jirlyn's Dried Catfish
Statement of Comprehensive Income
From December 31, 2018 - December 31, 2022

2018 2019 2020

Unit Sales 22,888.77 24,033.21 25,234.87

Sales 5,568,201.17 5,846,611.23 6,138,941.79

Cost of Goods Sold 4,312,976.34 4,622,126.27 4,811,578.54
Gross Profit 1,255,224.84 1,224,484.96 1,327,363.25

Operating Expenses
Office Supplies 14,208.00 14,918.40 15,664.32
Salaries and Wages 282,920.00 284,334.60 285,756.27
Lease & Rent 91,800.00 96,390.00 101,209.50
Utilities 37,864.92 39,758.17 41,746.07
Depreciation 75,149.64 75,149.64 75,149.64
Uniform Expense 4,000.00 4,000.00 4,000.00
Gasoline Expense 28,800.00 28,800.00 28,800.00
Fees, Licenses and Permits 6,820.00 6,820.00 6,820.00
Professional Fees 24,000.00 25,200.00 26,460.00
Bad Debts Expense 13,920.50 14,616.53 15,347.35
Other General Expenses 12,492.00 11,541.60 12,118.68
Total Operating Expenses 591,975.07 601,528.94 613,071.85
NET INCOME BEFORE TAX 663,249.77 622,956.02 714,291.41
Income Tax at 30% 198,974.93 186,886.81 214,287.42
NET INCOME AFTER TAX 464,274.84 436,069.21 500,003.99
2022

2021 2022
26,496.62 27,821.45

6,445,888.88 6,768,183.33
5,009,320.34 5,216,754.25
1,436,568.55 1,551,429.07

16,447.54 17,269.91
287,185.05 288,620.98
106,269.98 111,583.47
43,833.38 46,025.05
75,149.64 75,149.64
4,000.00 4,000.00
28,800.00 28,800.00
6,820.00 6,820.00
27,783.00 29,172.15
16,114.72 16,920.46
12,724.61 13,360.84
625,127.92 637,722.51
811,440.62 913,706.56
243,432.19 274,111.97
568,008.44 639,594.59
Financial Ratios

Liquidity Ratios

Current Ratio
2018 2019 2020
Current Assets 757,443.83 772,973.59 892,557.81
Divided by Current Liabilities 519,719.37 524,030.27 568,460.86
Current Ratio 1.46 1.48 1.57

Working Capital 2018 2019 2020

Current Assets 757,443.83 772,973.59 892,557.81
Less Current Liabilities 519,719.37 524,030.27 568,460.86
Working Capital 237,724.46 248,943.32 324,096.95

Quick Ratio 2018 2019 2020

Quick Assets 719,132.44 747,035.35 880,601.86
Divided by Current Liabilities 519,719.37 524,030.27 568,460.86
Quick Ratio 1.38 1.43 1.55

Inventory Turnover 2018 2019 2020

Cost of Goods Sold 4,312,976.34 4,622,126.27 4,811,578.54
Divided by Ave. Inventory 30,488.28 32,353.58 34,157.80
Inventory Turnover 141.46 142.86 140.86

Solvency Ratios

Debt to Total Asset Ratio 2018 2019 2020

Total Liabilities 519,719.37 524,030.27 568,460.86
Divided by Average Assets 2,383,994.21 2,324,374.32 2,368,808.90
Debt to Total Asset Ratio 0.22 0.23 0.24

Debt to Equity Ratio 2018 2019 2020

Total Liabilities 519,719.37 524,030.27 568,460.86
Divided by Total Partner's Equity 1,864,274.84 1,800,344.05 1,800,348.04
Debt to Equity Ratio 0.28 0.29 0.32

Profitability Ratios

Gross Profit Ratio 2018 2019 2020

Gross Profit 1,255,224.84 1,224,484.96 1,327,363.25
Divided by Net Sales 5,568,201.17 5,846,611.23 6,138,941.79
Gross Profit Ratio 0.23 0.21 0.22
Profit Margin 2018 2019 2020
Net Income 663,249.77 622,956.02 714,291.41
Divided by Net Sales 5,568,201.17 5,846,611.23 6,138,941.79
Profit Margin 0.12 0.11 0.12

Rates of Retun

Return on Total Asset 2018 2019 2020

Net Income 663,249.77 622,956.02 714,291.41
Divided by Average Total Asset 2,141,997.10 2,354,184.26 2,346,591.61
Return on Total Asset 0.31 0.26 0.30

Return on Equity 2018 2019 2020

Net Income 663,249.77 622,956.02 714,291.41
Divided by Average Total Equity 1,882,137.42 1,832,309.45 1,800,346.05
Return on Equity 0.35 0.34 0.40

Asset Turnover 2018 2019 2020

Net Sales 5,568,201.17 5,846,611.23 6,138,941.79
Divided by Average Total Asset 2,141,997.10 2,354,184.26 2,346,591.61
Asset Turnover 2.60 2.48 2.62

Cash Payback Period

Partner's Initial Investment 1,900,000.00

Annual Net Cash Flow from Operation:

Year 1 793,167.06
Year 2 513,982.41
Year 3 618,949.98
Year 4 689,519.77
Year 5 706,842.07
Total 3,322,461.29
Average 664,492.26

Year Net Cash Flow Cumulative Cash Inflow

0
1 793,167.06 793,167.06
2 513,982.41 1,307,149.47
3 618,949.98 1,926,099.45
4 689,519.77
5 706,842.07
Payback Period = 2 years and 11 months or 2.96 years
Break-even Point

Break-even poin in Units = Fixed Cost

Sales Price per Unit - Variable Cost per Unit

= 578,054.56
(243.27 - 187.13)

Break-even poin in Units = 10,297

Break-even poin in Pesos = Fixed Cost

Contribution Margin Ratio

where:
Sales price- Variable Cost
CM Ratio =
Sales price
(243.27 - 187.13)
x 100
243.27
CM Ratio = 23%

Break-even poin in Pesos = 578,054.56

23%

Break-even poin in Pesos = 2,504,868.79

 2021 2022 Average
1,082,742.12 1,346,941.69
615,487.09 664,942.42
1.76 2.03 1.66

2021 2022 Average

1,082,742.12 1,346,941.69
615,487.09 664,942.42
467,255.03 681,999.27 392,003.81

2021 2022 Average

1,085,468.98 1,308,425.77
615,487.09 664,942.42
1.76 1.97 1.62

2021 2022 Average

5,009,320.34 5,216,754.25
35,556.29 65,353.87
140.88 79.82 129.18

2021 2022 Average

615,487.09 664,942.42
2,483,843.57 2,672,893.49
0.25 0.25 0.24

2021 2022 Average

615,487.09 664,942.42
1,868,356.48 2,007,951.07
0.33 0.33 0.31

76

2021 2022 Average

1,436,568.55 1,551,429.07
6,445,888.88 6,768,183.33
0.22 0.23 0.22
 2021 2022 Average
811,440.62 913,706.56
6,445,888.88 6,768,183.33
0.13 0.14 0.12

2021 2022 Average

811,440.62 913,706.56
2,426,326.23 2,578,368.53
0.33 0.35 0.31

2021 2022 Average

811,440.62 913,706.56
1,834,352.26 1,938,153.77
0.44 0.47 0.40

2021 2022 Average

6,445,888.88 6,768,183.33
2,426,326.23 2,578,368.53
2.66 2.62 2.60
x 100
 Jirlyn's Dried Catfish
Statement of Comprehensive Income
As of December 31, 2018

5% decrease in 5% decrease in Forecasted Results

unit sales sales price

2018 2018 2018

Unit Sales 21,744.34 22,888.77 22,888.77

Sales 5,289,791.11 5,289,791.11 5,568,201.17

Cost of Goods Sold 4,069,070.09 4,283,231.67 4,312,976.34
Gross Profit 1,220,721.03 1,006,559.44 1,255,224.84

Operating Expenses
Office Supplies 14,208.00 14,918.40 14,208.00
Salaries and Wages 282,920.00 284,334.60 282,920.00
Lease & Rent 91,800.00 96,390.00 91,800.00
Utilities 37,864.92 39,758.17 37,864.92
Depreciation 75,149.64 75,149.64 75,149.64
Uniform Expense 4,000.00 4,000.00 4,000.00
Gasoline Expense 28,800.00 28,800.00 28,800.00
Fees, Licenses and Permits 6,820.00 6,820.00 6,820.00
Professional Fees 24,000.00 25,200.00 24,000.00
Bad Debts Expense 13,920.50 14,616.53 13,920.50
Other General Expenses 12,492.00 11,541.60 12,492.00
Total Operating Expenses 591,975.07 601,528.94 591,975.07
NET INCOME BEFORE TAX 628,745.96 405,030.51 663,249.77
Income Tax at 30% 188,623.79 121,509.15 198,974.93
NET INCOME AFTER TAX 440,122.17 283,521.35 464,274.84

24,152.67 180,753.49
0.05 0.39
5% increase in 5% increase in
sales price unit sales

2018 2018
22,888.77 24,033.21

5,846,611.23 5,846,611.23
4,283,231.67 4,497,393.25
1,563,379.56 1,349,217.98

14,918.40 15,664.32
284,334.60 285,756.27
96,390.00 101,209.50
39,758.17 41,746.07
75,149.64 75,149.64
4,000.00 4,000.00
28,800.00 28,800.00
6,820.00 6,820.00
25,200.00 26,460.00
16,114.72 16,920.46
12,724.61 13,360.84
604,210.15 615,887.11
959,169.41 733,330.86
287,750.82 219,999.26
671,418.59 513,331.60

207,143.75 49,056.76
0.45 0.11
 2019 2020 2021
Number of Production 22,889 24,033 25,235

SALES PRICE
Direct Materials 152.23 152.23 152.23
Direct Labor 28.22 32.40 31.00
Factory Overhead 6.68 6.39 6.12
Total Cost 187.13 191.02 189.35
Mark-up 56.14 52.25 53.93
Sales Price VAT exclusive 243.27 243.27 243.27
VAT 12% 12% 12%
Sales Price VAT inclusive 272.46 272.46 272.46

Direct Labor
Production Workers 592,800.00 714,916.80 718,491.38
Other Payables 53,130.00 63,756.00 63,756.00
Total Direct Labor 645,930.00 778,672.80 782,247.38
Divide by Production/year 22,888.77 24,033 25,235
DL/unit 28.22 32.40 31.00

Factory Overhead
Production Supervisor Salary 140,400.00 141,102.00 141,807.51
Other Payables 12,543.60 12,543.60 12,543.60
Total Factory Overhead 152,943.60 153,645.60 154,351.11
Divide by Production/year 22,888.77 24,033.21 25,234.87
FOH/unit 6.68 6.39 6.12

Cost of Goods Sold

Beginning Finished Goods Inventory 29,744.66 31,231.90 33,475.27
Add: Cost of Goods Manufactured 4,314,463.57 4,624,369.65 4,812,943.60
Total Goods Available for Sale 4,344,208.23 4,655,601.54 4,846,418.87
Less: Ending Inventory 31,231.90 33,475.27 34,840.34
Cost of Goods Sold 4,312,976.34 4,622,126.27 4,811,578.54

Other General Expenses

Kitchen Tools 1,625.00 1,706.25 1,791.56
Rest Room Equipment 274.00 287.70 302.09
Office Tools 900.00 945.00 992.25
Cleaning Materials & Supplies 3,189.00 3,348.45 3,515.87
Kitchen Supplies & Materials 3,705.00 3,890.25 4,084.76
Retail Store Materials & Equipment 2,799.00 1,363.95 1,432.15
Total 12,492.00 11,541.60 12,118.68

Depreciation Expense
Factory Building 1,315,875.02 1,315,875.02 1,315,875.02
Estimated useful life 30 30 30
Depreciation Expense - Factory Building 43,862.50 43,862.50 43,862.50
Retail Shop 240,000.00 240,000.00 240,000.00
Estimated useful life 30 30 30
Depreciation Expense - Retail Shop 8,000.00 8,000.00 8,000.00
Delivery Vehicle 90,000.00 90,000.00 90,000.00
Estimated useful life 7 7 7
Depreciation Expense - Delivery Vehicle 12,857.14 12,857.14 12,857.14
Office Equipment 48,475.00 48,475.00 48,475.00
Estimated useful life 5 5 5
Depreciation Expense - Office Equipmet 9,695.00 9,695.00 9,695.00
Furniture & Fixtures 7,350.00 7,350.00 7,350.00
Estimated useful life 10 10 10
Depreciation Expense - Furniture & Fixtures 735.00 735.00 735.00
TOTAL DEPRECIATION EXPENSE 75,149.64 75,149.64 75,149.64

Fees & Licenses

Mayor's Business Permit 1,200.00 1,200.00 1,200.00
Barangay Business Clearance 35.00 35.00 35.00
Fire Safety & Inspection 1,210.00 1,210.00 1,210.00
Medical Certificate 50.00 50.00 50.00
Health Certificate Fee 50.00 50.00 50.00
BIR Annual Registration Fee 500.00 500.00 500.00
Documentary Stamp 75.00 75.00 75.00
Books of Account 200.00 200.00 200.00
Cost of Printing Official Receipts 3,500.00 3,500.00 3,500.00
Total 6,820.00 6,820.00 6,820.00

VAT Payable
Output Tax 748,366.24 785,784.55 825,073.78
Input Tax 427,621.80 448,641.09 470,900.34
Vat Payable 320,744.44 337,143.46 354,173.43

Partner's Equity
Partner A
Beginning Capital 380,000.00 372,854.97 360,068.81
Add: Share in Net Income 92,854.97 87,213.84 100,000.80
Less: Drawings (100,000.00) (100,000.00) (100,000.00)
Ending Capital 372,854.97 360,068.81 360,069.61

Partner B
Beginning Capital 380,000.00 372,854.97 360,068.81
Add: Share in Net Income 92,854.97 87,213.84 100,000.80
Less: Drawings (100,000.00) (100,000.00) (100,000.00)
Ending Capital 372,854.97 360,068.81 360,069.61

Partner C
Beginning Capital 380,000.00 372,854.97 360,068.81
Add: Share in Net Income 92,854.97 87,213.84 100,000.80
Less: Drawings (100,000.00) (100,000.00) (100,000.00)
Ending Capital 372,854.97 360,068.81 360,069.61

Partner D
Beginning Capital 380,000.00 372,854.97 360,068.81
Add: Share in Net Income 92,854.97 87,213.84 100,000.80
Less: Drawings (100,000.00) (100,000.00) (100,000.00)
Ending Capital 372,854.97 360,068.81 360,069.61

Partner E
Beginning Capital 380,000.00 372,854.97 360,068.81
Add: Share in Net Income 92,854.97 87,213.84 100,000.80
Less: Drawings (100,000.00) (100,000.00) (100,000.00)
Ending Capital 372,854.97 360,068.81 360,069.61
 2022 2023
26,497 27,821

152.23 152.23
29.66 28.38
5.85 5.60
187.74 186.20
55.53 57.07
243.27 243.27 255.44
12% 12%
272.46 272.46

722,083.84 725,694.26
63,756.00 63,756.00
785,839.84 789,450.26
26,497 27,821
29.66 28.38

142,516.55 143,229.13
12,543.60 12,543.60
155,060.15 155,772.73
26,496.62 27,821.45
5.85 5.60

34,840.34 36,272.25
5,010,752.25 5,274,917.48
5,045,592.59 5,311,189.73
36,272.25 94,435.48
5,009,320.34 5,216,754.25

1,881.14 1,975.20
317.19 333.05
1,041.86 1,093.96
3,691.67 3,876.25
4,289.00 4,503.45
1,503.75 1,578.94
12,724.61 13,360.84
1,315,875.02 1,315,875.02
30 30
43,862.50 43,862.50
240,000.00 240,000.00
30 30
8,000.00 8,000.00
90,000.00 90,000.00
7 7
12,857.14 12,857.14
48,475.00 48,475.00
5 5
9,695.00 9,695.00
7,350.00 7,350.00
10 10
735.00 735.00
75,149.64 75,149.64

1,200.00 1,200.00
35.00 35.00
1,210.00 1,210.00
50.00 50.00
50.00 50.00
500.00 500.00
75.00 75.00
200.00 200.00
3,500.00 3,500.00
6,820.00 6,820.00

866,327.47 909,643.84
494,272.56 518,813.39
372,054.91 390,830.45

360,069.61 373,671.30
113,601.69 127,918.92
(100,000.00) (100,000.00)
373,671.30 401,590.21

360,069.61 373,671.30
113,601.69 127,918.92
(100,000.00) (100,000.00)
373,671.30 401,590.21

360,069.61 373,671.30
113,601.69 127,918.92
(100,000.00) (100,000.00)
373,671.30 401,590.21

360,069.61 373,671.30
113,601.69 127,918.92
(100,000.00) (100,000.00)
373,671.30 401,590.21

360,069.61 373,671.30
113,601.69 127,918.92
(100,000.00) (100,000.00)
373,671.30 401,590.21
 2018 2019
Population 63,960.00 64,861.00
Target Market 48.65% 31,116.54 31,554.88

Frequency of eating Percentage

5% once a week (5% / 79%) 6.33% 1,969.40 1,997.14
9% twice a week (9% / 79%) 11.39% 3,544.92 3,594.86
15% once a month (15% / 79%) 18.99% 5,908.20 5,991.43
22% thrice a month (22% / 79%) 27.85% 8,665.37 8,787.43
28% once a year (28% / 79%) 35.44% 11,028.65 11,184.01
21% no answer 0%
100.00%

Sales 204,817.73

PROJECTED DEMAND AND SUPPLY GAP

YEAR DEMAND SUPPLY

jirlyn's company
2018 1,144,438.70 57,221.94
2019 1,160,025.10 60,094.48
2020 1,175,611.49 63,111.22
2021 1,191,197.89 66,279.40
2022 1,206,784.29 69,606.63

market share annual production/annualproduction + supplyx 100

2018 57,221.94
663,821.94
0.09 8.62007295

2019 60,094.48
711,488.20
0.08 8.44630685
 2020 2021 2022
65,776.00 66,703.00 67,644.00
32,000.02 32,451.01 32,908.81

2,025.32 2,053.86 2,082.84

3,645.57 3,696.95 3,749.10
6,075.95 6,161.58 6,248.51
8,911.40 9,036.99 9,164.48
11,341.78 11,501.62 11,663.88

GAP %
COMPETITORS
606,600.00 480,616.77 42%
651,393.72 448,536.90 39%
699,870.32 412,629.95 35%
752,358.12 372,560.37 31%
809,216.23 327,961.43 27%

duction + supplyx 100

22,888.77

0.5300414947
48
1 20 0
2 33
3 59
4 84
5 106
6 302