PROFIT & LOSS STATEMENT

YR 1 YR 2 YR 3

SALE/REVENUE 301186.8 310222.404 319529.07612

COST OF GOODS SOLD

OPENING STOCK FINISHED PROD. 0 800.0207692 880.0228461538
(+) PRODUCTION COST 171091.16 174928.994 178856.065004
(-) ENDING STOCK FINISHED PROD 800.020769231 880.0228462 968.0251307692
170291.139231 174848.9919 178768.0627194
GROSS PROFIT 130895.660769 135373.4121 140761.0134006

EXPENDITURE
SALARIES 48600 50058 51559.74
EPF/SOCSO 5832 6006.96 6187.1688
ELECTRICITY 1516.32 1561.8096 1608.663888
TELEPHONE 350 360.5 371.315
PETROL 100 103 106.09
MAINTENANCE 180 185.4 190.962
MILAGE 150 154.5 159.135
RENT 12000 12360 12730.8
POST 0 0 0
ENTERTAINMENT 0 0 0
PROFESSIONAL FEES 0 0 0
ALLOWANCE BOD 0 0 0
DONATION 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
OTHERS 5000 5150 5304.5
DEPRECIATION 24198 24198 24198
INTEREST ON LOAN 17783.2016615 16571.13966 14050.0506971
TOTAL 115709.521662 116709.3093 116466.4253851

PROFIT BEFORE TAX 15186.1391077 18664.10282 24294.58801551

TAX 28% 4252.11895015 5225.948789 6802.484644344
NET PROFIT 10934.0201575 13438.15403 17492.10337117

BROUGHT FORWARD PROFIT 0 10934.02016 24372.17418565

ACCUMULATIVE PROFIT 10934.0201575 24372.17419 41864.27755682
3%
 BALANCE SHEET STATEMENT

EXISTING YR 1 YR 2 YR 3
FIXED ASSETS
MACHINERY/EQUIPMENT 214500 214500 214500
LAND/BUILDING 0 0 0 0
OFFICE EQUIPMENT 0 6990 6990 6990
MINUS: DEPRECIATION 0 24198 48396 72594
TOTAL NET FIXED ASSETS 0 197292 173094 148896

CURRENT ASSETS
ENDING STOCK 0 800.0207692 880.022846 968.0251308
DEBTOR 0 0 0 0
CASH 0 24233.36409 31249.7338 40393.66978
DEPOSIT 0 9500 9500 9500
TOTAL CURRENT ASSETS 0 34533.38486 41629.7567 50861.69491

INTANGIBLE ASSETS
PRE-OPERATING 0 0 0 0
MINUS : AMORTIZATION 0 0 0 0
0 0 0 0

TOTAL ASSETS 0 231825.3849 214723.757 199757.6949

CURRENT LIABILITIES
CREDITOR 0 0 0 0
OVERDRAFT 0 0 0 0
TAX 0 4252.11895 5225.94879 6802.484644
0 4252.11895 5225.94879 6802.484644

LONG TERM LIABILITY

NEW LOAN 207139.2458 175625.634 141590.9327
EXISTING LOAN 0 0 0 0
0 207139.2458 175625.634 141590.9327

EQUITY
PAID UP CAPITAL 0 9500 9500 9500
ACCUMULATIVE PROFIT 0 10934.02016 24372.1742 41864.27756
0 20434.02016 33872.1742 51364.27756

TOTAL LIABILITY & EQUITY 0 231825.3849 214723.757 199757.6949

0 0 0 0
CASH FLOW STATEMENT

ITEMS YR 1 YR 2 YR 3
CASH IN FLOW
CASH SALE 301186.8 310222.404 319529.07612
ACCOUNT RECEIVABLE 0 0
CAPITAL CONTRIBUTION 9500 0 0
LOAN & OTHER INJECTION 222290.02077 0 0
TOTAL 532976.82077 310222.404 319529.07612

CASH OUTFLOW
PURCHASE MACHINERY/EQUIP 214500 0 0
PURCHASE BUILDING/LAND 0 0 0
PURCHASE OFFICE EQUIP 6990
PRE-OPERATING 0
DEPOSIT 9500 0 0
PURCHASE RAW MATERIAL 129490.08 132079.8816 134721.479232
PAYMENT TO CREDITOR 0 0
PRODUCTION EXPENDITURE 41601.08 42849.1124 44134.585772
SALARIES 48600 50058 51559.74
EPF/SOCSO 5832 6006.96 6187.1688
ELECTRICITY 1516.32 1561.8096 1608.663888
TELEPHONE 350 360.5 371.315
PETROL 100 103 106.09
MAINTENANCE 180 185.4 190.962
MILAGE 150 154.5 159.135
RENT 12000 12360 12730.8
POST 0 0 0
ENTERTAINMENT 0 0 0
PROFESSIONAL FEES 0 0 0
ALLOWANCE BOD 0 0 0
DONATION 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
OTHERS 5000 5150 5304.5
INTEREST ON LOAN 17783.201662 16571.13966 14050.050697102
LOAN PRINCIPLE 15150.775018 31513.612037 34034.701000449
TAX 0 4252.1189502 5225.948788711
TOTAL 508743.45668 303206.03425 310385.14017826

CASH BALANCE 24233.36409 7016.3697523 9143.9359417383

BROUGHT FORWARD CASH 0 24233.36409 31249.733841982

ACCUMULATED CASH 24233.36409 31249.733842 40393.66978372
FINANCIAL STATEMENT ANALYSIS

YR 1 YR 2 YR 3

1. PROFITABILITY RATIO
Gross Profit On Income 43% 44% 44%
Net Return On Income 4% 4% 5%
Net Return On Asset 6% 8% 12%
Net Return On Investment 115% 141% 184%

2. LIQUIDATION RATIO
Current Ratio ( : 1) 8.12145315 7.965971036 7.47692903
Quick Ratio ( : 1) 7.93330678 7.797576189 7.33462439

3. SAFETY RATIO
Gearing Ratio (loan/equity) ( : 1) 10.1369796 5.184953075 2.75660322
Loan Coverage Ratio ( : 1) 1.11917654 1.222621961 1.41080852

4. BREAK EVEN POINT (RM) 266243.971 267451.6505 264380.089

(%) 88% 86% 83%

ANALYSIS