Income Statement

Year 1

Year 2

Year 3

Year 4

Year 5

Revenue

40,000

75,000

100,000

200,000

300,000

18,000

33,750

45,000

90,000

135,000

22,000

41,250

55,000

110,000

165,000

17,000

19,000

25,000

50,000

75,000

5,000

22,250

30,000

60,000

90,000

5,000

14,000

11,600

9,680

11,744

8,250

18,400

50,320

78,256

Cost of sales
Gross margin

55.0%

Operating expenses
EBITDA
Depreciation

20.0%

EBIT
Interest

4.0%

500

990

1,250

690

230

-500

7,260

17,150

49,630

78,026

1,352

3,430

9,926

15,605

-500

5,908

13,720

39,704

62,421

Opening

Year 1

Year 2

Year 3

Year 4

Year 5

20,000

20,000

56,000

46,400

38,720

46,976

5,000

884

1,363

7,240

37,702

74,129

6,000

4,932

9,247

12,329

24,658

36,986

Income before tax

Tax

20.0%

Net income

Balance sheet
Fixed assets
Cash
Accounts receivable

45

Inventory

90

5,000

4,438

8,322

11,096

22,192

33,288

16,000

10,253

18,931

30,665

84,552

144,403

6,000

5,753

8,671

11,507

23,014

34,521

1,352

3,430

9,926

15,605

6,000

5,753

10,023

14,937

32,940

50,126

15,000

10,000

39,500

23,000

11,500

Net assets

15,000

14,500

25,408

39,128

78,832

Capital

10,000

10,000

15,000

15,000

15,000

15,000

5,000

4,500

10,408

24,128

63,832

126,253

15,000

14,500

25,408

39,128

78,832

141,253

Year 1

Year 2

Year 3

Year 4

Year 5

Receipts from trade (EBITDA)

5,000

22,250

30,000

60,000

90,000

Paid to fund working capital

1,384

-5,281

-3,021

-11,918

-11,918

-500

-990

-1,250

-690

-230

-1,352

-3,430

-9,926

Current assets
Accounts payable

60

Other liabilities
Current liabilities
Debt

Retained earnings
Equity

Cash Flow

Interest paid
Tax paid
Net receipts from operations

141,253

5,884

15,979

24,377

43,962

67,926

Debt repayments

-5,000

-16,500

-16,500

-11,500

-11,500

Capital expenditure

-5,000

-50,000

-2,000

-2,000

-20,000

Net cash received/(paid)

-4,116

-50,521

5,877

30,462

36,426

5,877

30,462

36,426

New debt

46,000

New capital

5,000

New funding

51,000

Cash flow

-4,116

2013 www.planprojections.com

479

192018308.xlsx.ms_office

Graphs

Revenue

Profit

350,000
300,000
250,000
200,000
150,000
100,000
50,000
0
1

Ratios

70,000
60,000
50,000
40,000
30,000
20,000
10,000
0
-10,000

Cash
80,000

60,000
40,000
20,000

0
1

Year 1

Year 2

Year 3

Year 4

Year 5

Gross profit percentage

55.0%

55.0%

55.0%

55.0%

55.0%

Overhead ratio

42.5%

25.3%

25.0%

25.0%

25.0%

11.0%

18.4%

25.2%

26.1%

7.9%

13.7%

19.9%

20.8%

12.7%

29.6%

55.7%

55.4%

Profitability ratios

Return on sales
Net profit ratio

-1.3%

Return on capital employed

Efficiency ratios
Asset turnover ratio

1.32

1.00

1.30

1.62

1.57

Fixed asset turnover ratio

2.00

1.34

2.16

5.17

6.39

Working capital turnover ratio

8.89

8.42

6.36

3.88

3.18

Current ratio

1.78

1.89

2.05

2.57

2.88

Quick ratio

1.01

1.06

1.31

1.89

2.22

Gearing ratio

0.41

0.61

0.37

0.13

Debt equity ratio

0.69

1.55

0.59

0.15

8.33

14.72

72.93

340.24

Liquidity ratios

Leverage ratios

Interest coverage ratio

Activity ratios
Accounts receivable days

45

45

45

45

45

Accounts payable days

60

60

60

60

60

Inventory days

90

90

90

90

90

-3%

23%

35%

50%

44%

40,909

61,800

68,818

109,764

158,135

Investor ratios
Return on equity

Breakeven point
Breakeven revenue

2013 www.planprojections.com

192018308.xlsx.ms_office

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