May-12 Income Statement Income Donations Events Other Total Income Total Event Costs COGS Gross Profit % gross margin Non-Salary Operating Expenses Total Office Costs Total Professional Fees Total Non-Salary Operating Expenses expenses as % income Salary Expenses Total Management Salary Total Salary Expenses salary expenses as % of income Total Operating Expenses EBITDA EBITDA margin HKD HKD HKD HKD HKD HKD HKD HKD 0% 0% 0% 0% 0% Jun-12 Jul-12 Aug-12 Sep-12
Year 1
Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13
Year 1
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
HKD
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
HKD HKD %
0%
HKD HKD
Depreciation Amortization Tax Business and additional tax Corporation income tax Total taxes Net Profit (HKD) Net Margin Net Profit (USD)
HKD HKD
0% -
0% -
0% -
0% -
0% -
0% -
0% -
0% -
0% -
0% -
0% -
0% -
0% -
Year 1 Year 1
Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13
Year 1 Year 1
HKD HKD
HKD
HKD
HKD
HKD HKD
Cash Flows
Cash Flows Cash flow from Operations Net Income - increase in A/R + increase in A/P + increase in ST Debt CFO Cash flow from Investing + Depreciation - Capex CFI Cash flow from Financing + Equity investment - Repayment of debt CFF Opening cash balance Net change in cash Closing cash balance (free cash flow) Closing cash balance (USD) May-12 Jun-12 Jul-12 Aug-12 Sep-12
Year 1
Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13
Year 1
HKD
HKD
HKD
Financial statements
May-13 Income Statement Income Donations Events Other Total Income Total Event Costs COGS Gross Profit % gross margin Non-Salary Operating Expenses Total Office Costs Total Professional Fees Total Non-Salary Operating Expenses expenses as % income Salary Expenses Total Management Salary Total Salary Expenses salary expenses as % of income Total Operating Expenses EBITDA EBITDA margin HKD HKD HKD HKD HKD HKD HKD HKD 0% 0% 0% 0% 0% Jun-13 Jul-13 Aug-13 Sep-13 Oct-13
Year 2
Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14
Yr 2
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
HKD
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
HKD HKD %
0%
HKD HKD
Depreciation Amortization Tax Business and additional tax Corporation income tax Total taxes Net Profit (HKD) Net Margin Net Profit (USD)
HKD HKD
0% -
0% -
0% -
0% -
0% -
0% -
0% -
0% -
0% -
0% -
0% -
0% -
0% -
Year 2 Year 2
Nov-13 Dec-13
Yr 2 Yr 2
HKD HKD
HKD
HKD
HKD
HKD HKD
Cash Flows
Cash Flows Cash flow from Operations Net Income - increase in A/R + increase in A/P + increase in ST Debt CFO Cash flow from Investing + Depreciation - Capex CFI Cash flow from Financing + Equity investment - Repayment of debt CFF Opening cash balance Net change in cash Closing cash balance (free cash flow) Closing cash balance (USD) May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13
Year 2
Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14
Yr 2
HKD
HKD
HKD
Income calculations
May-12 Income Donations Events Other HKD HKD HKD Jun-12 Jul-12
HKD
USD
Year 1
Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13
Year 1
Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13
Year 2
Oct-13
Year 2
Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14
Yr 2
Cost calculations
May-12 COGS Event Costs XX XX XX XX Total Event Costs Jun-12
COGS Operating costs Office Costs Office rental Phone/Internet fees XX XX XX Total Office Costs Professional Fees XX XX XX Total Professional Fees
Total non-salary operating costs G&A Salary Costs XX XX XX Total Management Salary
Year 1
Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13
Year 1
Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13
Ye
Year 2
Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14
Yr 2
Definitions
Constants
Year Model start date Assumptions Units # Assume: revenue in month 6 year Values 12 May-12
USD:HKD
ratio
7.8
13of13