Projection

-Never change anything under "demand", "Supply" and "D&S GAP" sheets exc
-The recommended projection methods to be used are PMs 3-6
-Under PMs 3-6, lowest standard deviation value is the best projection method
-If you had a hard explaining using the scientific methods of projection introdu
-Check If the recommended projection method are used in both supply and de
-Please change the applicable years to be used in your feasibility study

Projected FS
-The items included in this sample are not cast in stone, so you may omit or a
-If your business is engage in manufacturing, just change the linked items fro
-If Sales are all in cash (no credit sales) you may use the "cash" sheet directly
-Kindly include financial statement analysis on your Projected FS. Explain/brie
-profitability ratios
-liquidity ratios
-Break-even ratios/analysis
Include also the measures for Return on Investment,Payback,NPV and IRR
-All items/figures to be reflected in the Financial Statements must be included
-Please prepare the changes in equity. (Just refer to your accounting book)
"D&S GAP" sheets except the figures in red font for your convenience.

best projection method to used for your data.

s of projection introduced (including the formula) , just refer to The manual I gave yo
in both supply and demand items.
easibility study

so you may omit or add items as required by your proposed business.

e the linked items from manufacturing instead of merchandizing sheet.
e "cash" sheet directly but if credit sales are allowed a credit policy must also be estab
ected FS. Explain/briefly describe the implications of your computed ratio/figure.

back,NPV and IRR

ents must be included/mentioned in the Feasibility Study
accounting book)
The manual I gave you or research it in the Internet for more information.

g sheet.
icy must also be established and some alteration in the "cash" sheet is needed
uted ratio/figure.
ormation.

sheet is needed
6
Y ASLM (1) AGCM (2)
X Year Amount

1 2013 90,770 inc(dec)

2 2014 122,035 31,265.00
Paste your
3 2015 155,782 33,747.00
data here
4 2016 156,295 513.00
5 2017 156,810 515.00
13208 4.00

5 6 2017 2017 170,018.00 2017

7 7 2018 2018 183,226.00 2018
9 8 2019 2019 196,434.00 2019
11 9 2020 2020 209,642.00 2020
13 10 2021 2021 222,850.00 2021

-3 1
-1 2
0 3
1 4
3 5
AGCM (2) SLPM (3) SSLM (4)

1
34% 2
28% 3
0% 4
0% 5
63% a 86,436.40 a
16% b 16,634.00 b

y=bx+a
181,412.14 2017 186,240.40 2017
209,874.14 2018 202,874.40 2018
242,801.58 2019 219,508.40 2019
280,895.06 2020 236,142.40 2020
324,965.07 2021 252,776.40 2021

2012 103,070.40 2012

2013 119,704.40 2013
2014 136,338.40 2014
2015 152,972.40 2015
2016 169,606.40 2016

2012 151,299,840.16 2012

2013 5,431,696.36 2013
2014 378,053,580.96 2014
2015 11,039,670.76 2015
2016 163,747,852.96 2016
709,572,641.20

standard deviation 11,912.79 standard deviation

Coefficient of Variation Coefficient of Variation
 SSLM (4) SEMI-LOG METHOD (5)
Actual Values (Y) Log Y X

-3 90,770 4.9579423354 -3
-1 122,035 5.0864844055 -1
0 155,782 5.1925172752 0
1 156,295 5.1939450848 1
3 156,810 5.1953737548 3
136,338.40 681,692.00 25.63
11,619.00 Log a 5.13
Log b 0.04

y=bx+a Y=Anti-Log (Log a + X Log b)

194,433.40 2017 213,890.41
217,671.40 2018 258,325.21
240,909.40 2019 311,991.16
264,147.40 2020 376,805.98
287,385.40 2021 455,085.80

101,481.40 2011 100,528.53

124,719.40 2012 121,412.90
136,338.40 2013 133,429.72
147,957.40 2014 146,635.90
171,195.40 2015 177,098.88

114,734,089.96 2011 95,228,900.99

7,206,003.36 2012 387,011.28
378,053,580.96 2013 499,624,469.42
69,515,573.76 2014 93,298,154.39
206,939,733.16 2015 411,638,603.96
776,448,981.20 ###

standard deviation 12,461.53 standard deviation ###

Coefficient of Variation Coefficient of Variation
ETHOD (5) PARABOLIC METHOD (6)
X
2
XLogY X4
XY X 2Y

9 -14.873827 81 - 272,310 816,930

1 -5.08648441 1- 122,035 122,035
0 0 0 - -
1 5.193945085 1 156,295 156,295
9 15.58612126 81 470,430 1,411,290
20.00 0.82 164.00 232,380.00 2,506,550.00
a 146,824.97
b 11,619.00
c - 2,621.64
Y=a+bX+cX2
2017 139,378.90
2018 99,697.47
2019 39,042.90
2020 - 42,584.81
2021 - 145,185.67

2012 88,373.19
2013 132,584.33
2014 146,824.97
2015 155,822.33
2016 158,087.19

2012 5,744,718.72
2013 111,288,333.31
2014 80,228,360.83
2015 223,418.28
2016 1,631,203.35
199,116,034.49

standard deviation 7,055.42

Coefficient of Variation
(6)

1126000
 Year DEMAND SUPPLY GAP
2013 90,770 0 90,770
2014 122,035 0 122,035
2015 155,782 0 155,782
2016 156,295 0 156,295
2017 156,810 0 156,810

YEAR Projected Demand Projected Supply Gap

2018 186,240.40 0 186,240.40
2019 202,874.40 0 202,874.40
2020 219,508.40 0 219,508.40
2021 236,142.40 0 236,142.40
2022 252,776.40 0 252,776.40

Example:
The following
based on produ

2018 186,240.40
2019 202,874.40
2020 219,508.40
2021 236,142.40
2022 252,776.40
 PM No. PROJECTION METHODS
ms Legend: 1 Arithmetic Straight Line Method
2 Arithmetic Geometric Curve Method o
3 Simple Linear Projection Method
4 Statistical Straight Line Method
5 Statistical Semi-Log Method
6 Statistical Parabolic Method

Please type the code of the projection method to be

100% the box provided below for the following item
100%
100% Demand 3 Simple Linear Projection Method
100%
100%
Supply 6 Statistical Parabolic Method

%that we cater Total

5% 9,312.02
5% 10,143.72
5% 10,975.42
5% 11,807.12
5% 12,638.82
OJECTION METHODS
thmetic Straight Line Method
thmetic Geometric Curve Method or Average Annual Growth Rate
mple Linear Projection Method
atistical Straight Line Method
atistical Semi-Log Method
atistical Parabolic Method

Kanang nakapula mao ni ang suggested

nga projection method nga gamiton
e code of the projection method to be used in (pangitaa ang number sa taas unya etype
provided below for the following items sulod sa box aron maestimate ang
Demand/Supply)

Simple Linear Projection Method Statistical Parabolic Method is recommended.

Statistical Parabolic Method Statistical Parabolic Method is recommended.

 Products Year 1 (2018)
Description Service Price Tourist Sales Revenue
*From Butuan
Package 1 7,168.50 1,490 10,680,514.46
Package 2 7,330.50 2,607 19,113,293.53
Package 3 7,020.00 2,235 15,688,891.30
Package 4 7,141.50 1,862 13,300,358.17
Package 5 7,168.50 745 5,340,257.23
Package 6 7,020.00 372 2,614,815.22
9,312 66,738,129.90
*From Davao
Package 1 7,344.00 2,421 17,780,743.47
Package 2 7,506.00 1,956 14,678,164.65
Package 3 7,195.50 1,769 12,730,881.58
Package 4 7,317.00 1,397 10,220,407.55
Package 5 7,344.00 931 6,838,747.49
Package 6 7,195.50 838 6,030,417.59
9,312 68,279,362.33
18,624 135,017,492

Foods
Hotel Accommodation
*Butuan Meals Foods
Package 1 2,500.00 750 250
Package 2 2,500.00 750 250
Package 3 2,500.00 750 250
Package 4 2,500.00 750 250
Package 5 2,500.00 750 250
Package 6 2,500.00 750 250

*Davao
Package 1 2,500.00 750 250
Package 2 2,500.00 750 250
Package 3 2,500.00 750 250
Package 4 2,500.00 750 250
Package 5 2,500.00 750 250
Package 6 2,500.00 750 250
 Year 2 (2019) Year 3 (202
Service Price Quantities Sold Sales Revenue Service Price

7,168.50 1,623 11,634,441.09 7,168.50

7,330.50 2,840 20,820,391.05 7,330.50
7,020.00 2,434 17,090,139.46 7,020.00
7,141.50 2,029 14,488,275.28 7,141.50
7,168.50 811 5,817,220.55 7,168.50
7,020.00 406 2,848,356.58 7,020.00
10,144 72,698,823.99

7,344.00 2,637 19,368,824.72 7,344.00

7,506.00 2,130 15,989,140.09 7,506.00
7,195.50 1,927 13,867,936.08 7,195.50
7,317.00 1,522 11,133,239.89 7,317.00
7,344.00 1,014 7,449,547.97 7,344.00
7,195.50 913 6,569,022.35 7,195.50
10,144 74,377,711.09
20,287 147,076,535

Travel Expense Total Mark Up (35%) Total Cost of Service

1,810 5,310 1,858.50 7,168.50

1,930 5,430 1,900.50 7,330.50
1,700 5,200 1,820.00 7,020.00
1,790 5,290 1,851.50 7,141.50
1,810 5,310 1,858.50 7,168.50
1,700 5,200 1,820.00 7,020.00

1,940 5,440 1,904.00 7,344.00

2,060 5,560 1,946.00 7,506.00
1,830 5,330 1,865.50 7,195.50
1,920 5,420 1,897.00 7,317.00
1,940 5,440 1,904.00 7,344.00
1,830 5,330 1,865.50 7,195.50

64,260
 Year 3 (2020) Year 4(2021)
Quantities Sold Sales Revenue Service Price Quantities Sold

1,756 12,588,367.72 7,168.50 1,889

3,073 22,527,488.57 7,330.50 3,306
2,634 18,491,387.62 7,020.00 2,834
2,195 15,676,192.39 7,141.50 2,361
878 6,294,183.86 7,168.50 945
439 3,081,897.94 7,020.00 472
10,975 78,659,518.09 11,807

2,854 20,956,905.96 7,344.00 3,070

2,305 17,300,115.53 7,506.00 2,479
2,085 15,004,990.58 7,195.50 2,243
1,646 12,046,072.22 7,317.00 1,771
1,098 8,060,348.45 7,344.00 1,181
988 7,107,627.11 7,195.50 1,063
10,975 80,476,059.85 11,807
21,951 159,135,578 23,614

Year 1 Year 2
Rate Rendered Service Rendered Service
16% 1,490 1,623
28% 2,607 2,840
24% 2,235 2,434
20% 1,862 2,029
8% 745 811
4% 372 406

26% 2,421 2,637

21% 1,956 2,130
19% 1,769 1,927
15% 1,397 1,522
10% 931 1,014
9% 838 913
Total Cost of Service
86,751.00
2021) Year 5(2022)
Sales Revenue Service Price Quantities Sold Sales Revenue

13,542,294.36 7,168.50 2,022 14,496,220.99

24,234,586.08 7,330.50 3,539 25,941,683.60
19,892,635.78 7,020.00 3,033 21,293,883.94
16,864,109.50 7,141.50 2,528 18,052,026.61
6,771,147.18 7,168.50 1,011 7,248,110.49
3,315,439.30 7,020.00 506 3,548,980.66
84,620,212.19 12,639 90,580,906.28

22,544,987.21 7,344.00 3,286 24,133,068.46

18,611,090.97 7,506.00 2,654 19,922,066.41
16,142,045.07 7,195.50 2,401 17,279,099.57
12,958,904.56 7,317.00 1,896 13,871,736.89
8,671,148.93 7,344.00 1,264 9,281,949.41
7,646,231.88 7,195.50 1,137 8,184,836.64
86,574,408.62 12,639 92,672,757.38
171,194,621 25,278 183,253,664

Year 3 Year 4 Year 5

Rendered Service Rendered Service Rendered Service
1,756 1,889 2,022
3,073 3,306 3,539
2,634 2,834 3,033
2,195 2,361 2,528
878 945 1,011
439 472 506

2,854 3,070 3,286

2,305 2,479 2,654
2,085 2,243 2,401
1,646 1,771 1,896
1,098 1,181 1,264
988 1,063 1,137
PROJECT COST COST TOTAL COST

Furnitures and Fixtures 29,000.00

Office Equipment 51,849.33
Other 815,300.00
Total Fixed Asset 896,149.33

WORKING CAPITAL
REQUIREMENT
Cash for transactional
motive 100,000.00
Office Supplies 2,255.00

Total Working Capital 102,255.00

Cash for OPERATING

EXPENSES (1 Month
Operations)
Salaries & Wages 51,000.00
Utilities (Water, Electricity &
7,500.00
Internet)
Permits & Licenses 30,000.00
Repair & Maintenance 1,000.00
Advertising Expense 10,000.00
Office Rental 7,000.00
Installation Expense 3,500.00
Total Operating Expense 110,000.00
Total Project Cost 1,108,404.33
 SOURCE OF FUNDS
Profit(Loss) Sharing
Marlon Caas, CAPITAL 20.00% 221,680.87
Merissa Dargantes, CAPITAL 20.00% 221,680.87
Jeneth Beringuel, CAPITAL 20.00% 221,680.87
Romar Jan Gilay, CAPITAL 20.00% 221,680.87
Danjefrey Ontua, CAPITAL 20.00% 221,680.87
TOTAL 100.00% 1,108,404.33
Quantity Description Unit Cost Total
1 Ballpen 6.00 6.00
2 Bond Paper 168.00 336.00
10
Official Receipt 6.00 60.00
2 Stapler 30.00 60.00
2 Stamp 60.00 120.00
2 Calculator 90.00 180.00
1
Stamp Pad Ink 123.00 123.00
50 Envelope 5.00 250.00
1 Stamp Pad 280.00 280.00
1 Computer Ink 400.00 400.00
50 Fastener 1.00 50.00
20 Folder 3.00 60.00
100 Paper Clips 2.00 200.00
2 Scissors 35.00 70.00
12 Pencil 5.00 60.00
Total 2,255.00
 Pre-operating
cash 1,108,404.33
Additions
Sales

bal 1,108,404.33
deductions

Furnitures and Fixtures 29,000.00

Office Equipment 51,849.33
Office Supplies 2,255.00
Salaries & Wages 51,000.00
13th Month
payment to SSS
payment to Philhealth
Utilities Expense 7,500.00
Permits & Licenses 30,000.00
Repair & Maintenance 1,000.00
Advertising Expense 10,000.00
Interest expense
Installation Expense 3,500.00
Office Rental 7,000.00
Others(Project Cost) 815,300.00
payment of income tax and withheld tax
from employees
drawings
bal 1,008,404.33
100,000.00

(7,000.00)
 2018 2019 2020 2021
100,000.00 134,172,339.17 239,298,405.09 353,672,813.76

135,017,492.23 147,076,535.08 159,135,577.94 171,194,620.80

135,117,492.23 281,248,874.25 398,433,983.03 524,867,434.56

2,255.00 2,255.00 2,255.00 2,255.00

578,838.06 578,838.06 578,838.06 578,838.06
51,000.00 51,000.00 51,000.00 51,000.00
68,160.00 68,160.00 68,160.00 68,160.00
17,400.00 17,400.00 17,400.00 17,400.00
90,000.00 90,000.00 90,000.00 90,000.00
30,000.00 30,000.00 30,000.00 30,000.00
12,000.00 12,000.00 12,000.00 12,000.00
8,000.00 6,000.00 4,000.00
(112.75) (112.75)
3,500.00 3,500.00 3,500.00 3,500.00
84,000.00 84,000.00 84,000.00 84,000.00
815,300.00

- 40,198,016.11 43,818,128.97 47,434,041.82

945,153.06 41,950,469.16 44,761,169.27 48,375,082.13

134,172,339.17 239,298,405.09 353,672,813.76 476,492,352.43

(94,500.00) (182,000.00) (269,387.25) (356,774.50)

 2022
476,492,352.43

183,253,663.66

659,746,016.09

2,255.00
578,838.06
51,000.00
68,160.00
17,400.00
90,000.00
30,000.00
12,000.00
2,000.00
(225.50) interest is 5% of the outstanding balance
3,500.00
84,000.00

51,052,354.68

51,991,282.24
607,754,733.86

(444,049.00)
 AGUSAN SUR TOUR SE
Projected Statement of Financ
For the Year ended December

Particulars Pre-operating Year 1

Sales Revenue - 135,017,492

Gross Profit on Sales - 135,017,492

Less: Operating Expense
Salaries and Wages 51,000.00 612,000.00
13th Month Pay 51,000.00
SSS Contribution 45,922.80
Phil Health Contribution 8,700.00
Utilities Expense 7,500.00 90,000.00
Office Rental 7,000.00 84,000.00
Permits and Licenses 30,000.00 30,000.00
Repair&Maintenance 1,000.00 12,000.00
Advertising Expense 10,000.00 8,000.00
Depreciation Expense 87,643.21
Interest Expense -
Installation Expense 3,500.00
Office Supplies 2,255.00
Total Operating Expense 110,000.00 1,031,521.01
Net Income Before Tax: (110,000.00) 133,985,971.22
less: Tax (30%) - 40,195,791.36
Net Income (110,000.00) 93,790,179.85
 N SUR TOUR SERVICES
ement of Financial Performance
nded December 31, 2018-2022

Year 2 Year 3 Year 4

147,076,535 159,135,578 171,194,621

147,076,535 159,135,578 171,194,621

612,000.00 612,000.00 612,000.00

51,000.00 51,000.00 51,000.00
45,922.80 45,922.80 45,922.80
8,700.00 8,700.00 8,700.00
90,000.00 90,000.00 90,000.00
84,000.00 84,000.00 84,000.00
30,000.00 30,000.00 30,000.00
12,000.00 12,000.00 12,000.00
- 6,000.00 4,000.00
87,643.21 87,643.21 87,643.21
- - ###

2,255.00 2,255.00 2,255.00

1,023,521.01 1,029,521.01 1,027,521.01
146,053,014.07 158,106,056.93 170,167,099.79
43,815,904.22 47,431,817.08 51,050,129.94
102,237,109.85 110,674,239.85 119,116,969.85
 Year 5

183,253,664

183,253,664

612,000.00 Total salaries and wages

51,000.00
45,922.80 employers share
8,700.00 employers share
90,000.00
84,000.00
30,000.00
12,000.00
2,000.00
87,643.21
-

2,255.00
1,025,521.01
182,228,142.65
54,668,442.80
127,559,699.86
 Journal entry in the preoperatin

Sales Revenue -
Installation Expense 3,500.00
Salaries and Wages 51,000.00
13th Month Pay
SSS Contribution
Phil Health Contribution
Utilities Expense 7,500.00
Permits and Licenses 30,000.00
Repair&Maintenance 1,000.00
Advertising Expense 10,000.00
Depreciation Expense
Office Supplies
Office Rental 7,000.00
110,000.00
Others(Projected Cost) 815,300.00

Equipments 51,849.33

2,255.00
Furniture and Fixtures 29,000.00

Cash ending pre operating

1,108,404.33
Income Statement
net income

Statement of Changes in equity

beg capital 1,108,404.33
net income (110,000.00)
capital ending 998,404.33
l entry in the preoperating

dr.
Cash
1,108,404.33 3,500.00
51,000.00
7,500.00
30,000.00
1,000.00
10,000.00
2,255.00
815,300.00
7,000.00
51,849.33
29,000.00
net income (110,000.00)

1108404.33 1,008,404.33
100,000.00
 cr.
Cash Pre operating

asset
current asset
Cash 100,000.00
office supplies 2,255.00
total current asset 102,255.00

Non-current asset
Others(Projected Cost) 815,300.00

equipments 51,849.33
Furnitures and Fixtures 29,000.00

total non-current asset 896,149.33

total asset
Liability and capital
liability

equity
partners,capital
total liability and capital
 Sales revenue

Office Rental
Office Supplies
Salaries and Wages
13th Month Pay
SSS Contribution
Phil Health Contribution
Utilities Expense
Permits and Licenses
Repair&Maintenance
Advertising Expense
Depreciation Expense
Total Operating Expense

Net Income Before Tax:

less: Tax (30%)

998,404.33
pital Net Income

widthholding tax payable

income tax payable
998,404.33
998,404.33

- Statement of Changes in Equity

Beginning capital
additional capital
less: withdrawals
net income
capital ending
 2018

135,017,492
135,017,492

84,000.00
2,255.00
612,000.00 Sales Revenue
51,000.00
45,922.80
8,700.00
90,000.00
30,000.00
12,000.00
8,000.00
87,643.21
1,031,521.01

133,985,971.22

40,195,791.36
93,790,179.85

2,224.74
40,195,791.36 Beginning cash
40,198,016.11 Cash ending 2018

998,404.33
-
-

93,790,179.85
94,788,584.18
 cash

dr. cr.
135,017,492 578,838.06
51,000.00
68,160.00
17,400.00
90,000.00
30,000.00
12,000.00
8,000.00
84,000.00
2,255.00

135,017,492 941,653.06
134,075,839.17
100,000.00
134,175,839.17
Salaries and wages net pay naa sa ubos sa philhealth
13th month pay
sss total payment employee and employer
phil health total payment
utilities expense
permit and liscenses
repair and maintenance
advertising expense
 2018

asset
current asset
Cash 134,175,839.17
office supplies 2,255.00
total current asset 134,178,094.17

Non-current asset

815,300.00
Others(Projected Cost)

equipments 51849.33
Furnitures and Fixtures 29000
Accummulated depn. 87,643.21 808,506.12
total non-current asset 808,506.12
total asset 134,986,600.29
Liability and Capital
liability
income tax payable 40,195,791.36
Widtholding tax payable 2,224.74
equity
partners,capital 94,788,584.18
total liability and capital 134,986,600.29
-
 Particulars

Sales Revenue
Gross Profit on Sales
Less: Operating Expense
Supplies expense
Office Rental
Salaries and Wages
13th Month Pay
SSS Contribution
Phil Health Contribution
Utilities Expense
Permits and Licenses
Repair&Maintenance
Advertising Expense
Depreciation Expense
Total Operating Expense

Net Income Before Tax:

less: Tax (30%)

Net Income

896,149.33 Income tax payable

Widholding tax payable

Statement of Changes in Equity

Beginning Capital
- Additional Capital
less: widthrawals
net income
capital ending
 147,076,535
147,076,535

2,255.00 sales revenue

84,000.00
612,000.00
51,000.00
45,922.80
8,700.00
90,000.00
30,000.00
12,000.00

87,643.21
1,023,521.01

146,053,014.07

43,815,904.22
102,237,109.85 Beginning cash
2,255.00
43,815,904.22 Cash ending 2019
2,224.74

94,788,584.18
-
-
102,237,109.85
197,025,694.03
 2019

cash

dr. cr.
ales revenue 147,076,535 578,838.06 Salaries and wages net pay naa sa
51,000.00 13th month pay
68,160.00 sss total payment employee and e
17,400.00 phil health total payment
90,000.00 utilities expense
30,000.00 permit and liscenses
12,000.00 repair and maintenance
office supplies
2,255.00 office supplies
84,000.00
40,195,791.36
2,224.74

147,076,535 41,131,669.16 total

105,944,866
eginning cash 134,175,839.17

ash ending 2019 240,120,705.09

 2019

wages net pay naa sa ubos sa philhealth

asset
yment employee and employer current asset
otal payment Cash
office supplies
total current asset
maintenance
Non-current asset

Others(Projected Cost)
equipments
Furnitures and Fixtures

Accummul
ated
depn. 175,286.42
total non-c
total asset
Laibility and capital
liability
income tax payable
Widtholding tax payable
equity
partners,capital
total liability and capital
019

asset

240,120,705.09
2,255.00
240,122,960.09

815,300.00
51849.33
29000

896,149.33

720,862.91 net fixed asset

240,843,823

43,815,904.22
2,224.74

197,025,694.03
240,843,823
-
 2020

Particulars

Sales Revenue 159,135,578

Gross Profit on Sales 159,135,578
Less: Operating Expense
Office Supplies Expense 2,255.00
Office Rental 84,000.00
Salaries and Wages 612,000.00
13th Month Pay 51,000.00
SSS Contribution 45,922.80
Phil Health Contribution 8,700.00
Utilities Expense 90,000.00
Permits and Licenses 30,000.00
Repair&Maintenance 12,000.00
Advertising Expense 6,000.00
Depreciation Expense 87,643.21
Total Operating Expense 1,029,521.01

Net Income Before Tax:

158,106,056.93

less: Tax (30%)

47,431,817.08
Net Income 110,674,239.85

2020
Statement of Changes in Equity
beginning c 197,025,694.03
additional -
less:widthr-
Net Income 110,674,239.85
Capital en 307,699,933.89
 cash

dr.
sales revenue 159,135,578

159,135,578
114,377,796

Beginning cash 240,120,705.09

Cash endi 2020 354,498,501.01

cash

cr.
578,838.06
51,000.00
68,160.00
17,400.00
90,000.00
30,000.00
12,000.00
6,000.00
43,815,904.22
2,224.74
2,255.00
84,000.00
44,757,782.02
 2020

asset
current asset
Cash
office supplies
total current asset

Non-current asset

Others(Projected Cost)
equipments
Furnitures and Fixtures
Accummulated depn. 262,930
total non-current asset

total asset

Laibility and capital

liability
income tax payable
Widtholding tax payable
equity
partners,capital
total liability and capital
354,498,501.01
2,255.00
354,500,756.01

815,300.00
51849.33
29000 896,149.33
633,219.70 net fixed asset
633,219.70

355,133,976

47,431,817.08
2,224.74

307,699,933.89
355,133,976
-
 2021

Particulars

Sales Revenue 171,194,621

Gross Profit on Sales 171,194,621
Less: Operating Expense
Office Supplies Expense 2,255.00
Office Rental 84,000.00
Salaries and Wages 612,000.00
13th Month Pay 51,000.00
SSS Contribution 45,922.80
Phil Health Contribution 8,700.00
Utilities Expense 90,000.00
Permits and Licenses 30,000.00
Repair&Maintenance 12,000.00
Advertising Expense 4,000.00
Depreciation Expense 87,643.21

Total Operating Expense

1,027,521.01

Net Income Before Tax:

170,167,099.79
less: Tax (30%) 51,050,129.94
Net Income 119,116,969.85

2020
Statement of Changes in Equity
beginning c 307,699,933.89
additional -
less:widthr-
Net Income 119,116,969.85
Capital en 426,816,903.74
 cash

dr.
sales revenue 171,194,621

171,194,621

122,822,926

Beginning cash 354,498,501.01

Cash endi 2021 477,321,426.93

cash

cr.
578,838.06
51,000.00
68,160.00
17,400.00
90,000.00
30,000.00
12,000.00
4,000.00
47,431,817.08
2,224.74
2,255.00
84,000.00
48,371,694.88
 2021

asset
current asset
Cash
office supplies
total current asset

Non-current asset

Others(Projected Cost)
equipments
Furnitures and Fixtures
Accummul
ated
depn. 350,573
total non-c

total asset
Laibility and capital
liability
income tax payable
Widtholding tax payable
equity
partners,capital
total liability and capital
21

asset

477,321,426.93
2,255.00
477,323,681.93

815,300.00
51849.33
29000 896,149.33

545,576.49 net fixed asset

545,576.49

477,869,258

51,050,129.94
2,224.74

426,816,903.74
477,869,258
-
 Particulars

Sales Revenue
Gross Profit on Sales
Less: Operating Expense
Office Supplies Expense
Office Rental
Salaries and Wages
13th Month Pay
SSS Contribution
Phil Health Contribution
Utilities Expense
Permits and Licenses
Repair&Maintenance
Advertising Expense
Depreciation Expense

Total Operating Expense

Net Income Before Tax:

less: Tax (30%)

Net Income

2020
Statement of Changes in Equity
beginning capital 426,816,903.74
additional capital -
less:widthrawals -
Net Income 127,559,699.86
Capital ending 554,376,603.60
 2022

183,253,664
183,253,664 sales revenue

2,255.00
84,000.00
612,000.00
51,000.00
45,922.80
8,700.00
90,000.00
30,000.00
12,000.00
2,000.00
87,643.21

1,025,521.01

182,228,142.65 Beginning cash

54,668,442.80
127,559,699.86 Cash ending 2022
 cash

dr. cr.
ales revenue 183,253,664 578,838.06
51,000.00
68,160.00
17,400.00
90,000.00
30,000.00
12,000.00
2,000.00
51,050,129.94
2,224.74
2,255.00
84,000.00
183,253,664 51,988,007.74

131,265,656

eginning cash 477,321,426.93

608,587,082.86
 2022

asset
current asset

total current asset

Non-current asset

Accummul
ated
depn.
total non-c

total asset

liability

equity

total liability and capital

 2022

asset
urrent asset
Cash 608,587,082.86
office supplies 2,255.00
otal current asset 608,589,337.86

on-current asset

Others(Projected Cost) 815,300.00

equipments 51849.33
Furnitures and Fixtures 29000 896,149.33

438,216 457,933.28 net fixed asset

457,933.28

otal asset 609,047,271

Laibility and capital

income tax payable 54,668,442.80

Widtholding tax payable 2,224.74

partners,capital 554,376,603.60
otal liability and capital 609,047,271
-
et fixed asset
 AGUSAN SUR TOUR S
Projected Statement of Fin
As of December 31,
Pre operating Year 1
ASSETS
CURRENT ASSETS
Cash 100,000.00 134,175,839.17
Accounts Receivable - -
Office Supplies 2,255.00 2,255.00
- -
TOTAL CURRENT ASSETS 102,255.00 134,178,094.17

NON - CURRENT ASSETS

Furnitures and Fixtures 29,000.00 29,000.00

Office Equipment 51,849.33 51,849.33
Other(Projected Cost) 815,300.00 815,300.00
Total Property, Plant and
Equipment 896,149.33 896,149.33

Less: Accumulated
Depreciation - 87,643.21
Net Fixed Assets 896,149.33 808,506.12
TOTAL ASSETS 998,404.33 134,986,600.29

LIABILITIES
Current Liabilities - -
Tax payable (income tax and
withheld tax) - 40,198,016.11
TOTAL LIABILITIES - 40,198,016.11

PARTNER'S EQUITY

Partner's Capital Beginning 1,108,404.33 998,404.33

Add: Net Income (loss) (110,000.00) 93,790,179.85
Balance 998,404.33 94,788,584.18
Less: Withdrawal of Partners
(share from P/L)
Partner's Capital, Ending 998,404.33 94,788,584.18
TOTAL LIABILITIES &
998,404.33 134,986,600.29
PARTNER'S EQUITY
- -
AGUSAN SUR TOUR SERVICES
ted Statement of Financial Position
As of December 31, 2018-2022
Year 2 Year 3 Year 4

240,120,705.09 354,498,501.01 477,321,426.93

- - -
2,255.00 2,255.00 2,255.00
- - -
240,122,960.09 354,500,756.01 477,323,681.93

29,000.00 29,000.00 29,000.00

51,849.33 51,849.33 51,849.33
815,300.00 815,300.00 815,300.00

896,149.33 896,149.33 896,149.33

175,286.42 262,929.63 350,572.84

720,862.91 633,219.70 545,576.49
240,843,823.00 355,133,975.71 477,869,258.42

- - -

43,818,128.97 47,434,041.82 51,052,354.68

43,818,128.97 47,434,041.82 51,052,354.68

94,788,584.18 197,025,694.03 307,699,933.89

102,237,109.85 110,674,239.85 119,116,969.85
197,025,694.03 307,699,933.89 426,816,903.74

197,025,694.03 307,699,933.89 426,816,903.74

240,843,823.00 355,133,975.71 477,869,258.42
- - -
 Year 5

608,587,082.86
-
2,255.00
-
608,589,337.86

29,000.00
51,849.33
815,300.00

896,149.33

438,216.05
457,933.28
609,047,271.14

54,670,667.54
54,670,667.54

linked this row to your statement of changes in equity

426,816,903.74
127,559,699.86 Move this item to the
554,376,603.60 Statement of Changes in
Equity

554,376,603.60
609,047,271.14
-
es in equity
 Proj
For the Y

Particulars Pre operating

Cash Flows from Operating Activities
Cash Inflows from Operating Activities
Rental Revenue -
Total Cash Inflow from Operations -
Cash Outflows from Operating Activities
Payment to Suppliers/Service provider/contractor 64,260.00

Payment to Employees 51,000.00

Payment to BIR
Payment to SSS
Payment to Philhealth
Payment for permits and licenses 30,000.00
Payment for Advertising 10,000.00
Payment for Utilities 7,500.00
Payment for Installation 3,500.00
Payment for repairs and maintenance 1,000.00
Total Cash Outflow from Operations 167,260.00
Net cash provided (used) from operating activities (167,260.00)

Cash Flows from Investing Activities

Cash Inflows from Investing Activities -
Total Cash Outflow from Investing -
Cash Outflows from Investing Activities

Purchase of Furnitures and Fixtures 29,000.00

Acquisition of Office Equipment 51,849.33
Other(Projected Cost) 815,300.00
Total Cash Outflow from Investing 896,149.33
Net cash provided (used) from Investing Activities (896,149.33)

Cash Flows from Financing Activities

Cash Inflows from Financing Activities
Contributions from partners/Additional investment 1,108,404.33
Proceeds from Loan -
Total Cash Outflow from financing 1,108,404.33
Cash Outflows from Financing Activities
Withdrawal (distributed earnings) -
Total Cash Inflow from financing -
Net cash provided (used) from financing activities 1,108,404.33
Net Cash Provided (Used) 44,995.00
Add: Beginning Balance -
Cash Balance End 44,995.00

(55,005.00)
 JARM Ville
Projected Statement of Cash Flows
For the Years Ended December 31,2018-2019

2018 2019 2020 2021

135,017,492.23 147,076,535.08 159,135,577.94 171,194,620.80

135,017,492.23 147,076,535.08 159,135,577.94 171,194,620.80

2,255.00 2,255.00 2,255.00 2,255.00

629,838.06 629,838.06 629,838.06 629,838.06

68,160.00 68,160.00 68,160.00 68,160.00

17,400.00 17,400.00 17,400.00 17,400.00
30,000.00 30,000.00 30,000.00 30,000.00
8,000.00 - 6,000.00 4,000.00
90,000.00 90,000.00 90,000.00 90,000.00

12,000.00 12,000.00 12,000.00 12,000.00

857,653.06 849,653.06 855,653.06 853,653.06
134,159,839.17 146,226,882.03 158,279,924.89 170,340,967.75

- - - -
- - - -
- 815,300.00 - -
- 815,300.00 - -
- (815,300.00) - -

- - - -
- - - -
- - - -

- - - -
### - - -
 - - - -
134,159,839.17 145,411,582.03 158,279,924.89 170,340,967.75
44,995.00 134,204,834.17 279,616,416.20 437,896,341.08
134,204,834.17 279,616,416.20 437,896,341.08 608,237,308.83

28,995.00 39,495,711.11 83,397,840.07 130,915,881.90

2022

183,253,663.66
183,253,663.66

2,255.00

629,838.06

68,160.00
17,400.00
30,000.00
2,000.00
90,000.00

12,000.00
851,653.06
182,402,010.61

-
-
-
-
-

-
-
-

-
-
 -
182,402,010.61
608,237,308.83
790,639,319.44

182,052,236.58
 AGUSAN SUR TOUR
Projected Statement o
For the Years Ended Decem

Particulars Pre operating

Cash Flows from Operating Activities
Cash Inflows from Operating Activities
Rental Revenue -
Total Cash Inflow from Operations -
Cash Outflows from Operating Activities
Payment to Suppliers/Service provider/contractor 2,255.00

Payment to Employees 51,000.00

Payment to BIR
Payment to SSS
Payment to Philhealth
Payment for permits and licenses 30,000.00
Payment for Advertising 10,000.00
Payment for Utilities 7,500.00
Payment for Installation 3,500.00
Payment for repairs and maintenance 1,000.00
Payment for Office Rental 7,000.00
Total Cash Outflow from Operations 105,255.00
Net cash provided (used) from operating activities (105,255.00)

Cash Flows from Investing Activities

Cash Inflows from Investing Activities -
Total Cash Outflow from Investing -
Cash Outflows from Investing Activities

Purchase of Furnitures and Fixtures 29,000.00

Acquisition of Office Equipment 51,849.33
Purchase of Other(Projected Cost) 815,300.00
Total Cash Outflow from Investing 896,149.33
Net cash provided (used) from Investing Activities (896,149.33)

Cash Flows from Financing Activities

Cash Inflows from Financing Activities
Contributions from partners/Additional investment 1,108,404.33
Proceeds from Loan -
Total Cash Outflow from financing 1,108,404.33
Cash Outflows from Financing Activities
Withdrawal (distributed earnings) -
 Total Cash Inflow from financing -
Net cash provided (used) from financing activities 1,108,404.33
Net Cash Provided (Used) 107,000.00
Add: Beginning Balance -
Cash Balance End 107,000.00

7,000.00
 AGUSAN SUR TOUR SERVICES
Projected Statement of Cash Flows
or the Years Ended December 31,2018-2019

2018 2019 2020 2021

135,017,492.23 147,076,535.08 159,135,577.94 171,194,620.80

135,017,492.23 147,076,535.08 159,135,577.94 171,194,620.80

2,255.00 2,255.00 2,255.00 2,255.00

629,838.06 629,838.06 629,838.06 629,838.06

40,198,016.11 43,818,128.97 47,434,041.82
68,160.00 68,160.00 68,160.00 68,160.00
17,400.00 17,400.00 17,400.00 17,400.00
30,000.00 30,000.00 30,000.00 30,000.00
8,000.00 - 6,000.00 4,000.00
90,000.00 90,000.00 90,000.00 90,000.00
- - - -
12,000.00 12,000.00 12,000.00 12,000.00
84,000.00 84,000.00 84,000.00 84,000.00
857,653.06 41,047,669.16 44,673,782.02 48,287,694.88
134,159,839.17 106,028,865.92 114,461,795.92 122,906,925.92

- - - -
- - - -

- - - -
- - - -
- 815,300.00 - -
- 815,300.00 - -
- (815,300.00) - -

- - - -
- - - -
- - - -

- - - -
 - - - -
- - - -
134,159,839.17 105,213,565.92 114,461,795.92 122,906,925.92
107,000.00 134,266,839.17 239,480,405.09 353,942,201.01
134,266,839.17 239,480,405.09 353,942,201.01 476,849,126.93

94,500.00 182,000.00 269,387.25 356,774.50

 2022

183,253,663.66
183,253,663.66

2,255.00

629,838.06
51,052,354.68
68,160.00
17,400.00
30,000.00
2,000.00
90,000.00
-
12,000.00
84,000.00
51,904,007.74
131,349,655.92

-
-

-
-
-
-
-

-
-
-

-
 -
-
131,349,655.92
476,849,126.93
608,198,782.86

444,049.00
AGUSAN SUR TOUR SERVICE forecasted Statement
of Changes in E
as of December 31,

Statement of Changes in Partner's Equity(Year 2018)Pre-

Marlon Canas
Operating

Partner's Capital Beg. 221,680.87

Add:Net Income (22,000.00)
TOTAL 199,680.87
Less:Withdrawals
Partner's Capital End 199,680.87

20.00%
Statement of Changes in Partner's Equity(Year 2018)
Partner's Capital Beg. 199,680.87
Add:Net Income 18,758,035.97
TOTAL 18,957,716.84
Less:Withdrawals
Partner's Capital End 18,957,716.84

Statement of Changes in Partner's Equity(Year 2019)

Partner's Capital Beg. 18,957,716.84
Add:Net Income 20,447,421.97
TOTAL 39,405,138.81
Less:Withdrawals
Partner's Capital End 39,405,138.81

Statement of Changes in Partner's Equity(Year 2020)

Partner's Capital Beg. 39,405,138.81
Add:Net Income 22,134,847.97
TOTAL 61,539,986.78
Less:Withdrawals
Partner's Capital End 61,539,986.78

Statement of Changes in Partner's Equity(Year 2021)

Partner's Capital Beg. 61,539,986.78
Add:Net Income 23,823,393.97
TOTAL 85,363,380.75
Less:Withdrawals
Partner's Capital End 85,363,380.75

Statement of Changes in Partner's Equity(Year 2022)

Partner's Capital Beg. 85,363,380.75
Add:Net Income 25,511,939.97
TOTAL 110,875,320.72
Less:Withdrawals
Partner's Capital End 110,875,320.72
 of Changes in Equity
as of December 31, 2018-2022

Merissa Dargantes Jeneth Beringuel Romar Jan Gilay Danjefrey Ontua

221,680.87 221,680.87 221,680.87 221,680.87

(22,000.00) (22,000.00) (22,000.00) (22,000.00)
199,680.87 199,680.87 199,680.87 199,680.87

199,680.87 199,680.87 199,680.87 199,680.87

20.00% 20.00% 20.00% 20.00%

199,680.87 199,680.87 199,680.87 199,680.87

18,758,035.97 18,758,035.97 18,758,035.97 18,758,035.97
18,957,716.84 18,957,716.84 18,957,716.84 18,957,716.84

18,957,716.84 18,957,716.84 18,957,716.84 18,957,716.84

18,957,716.84 18,957,716.84 18,957,716.84 18,957,716.84

20,447,421.97 20,447,421.97 20,447,421.97 20,447,421.97
39,405,138.81 39,405,138.81 39,405,138.81 39,405,138.81

39,405,138.81 39,405,138.81 39,405,138.81 39,405,138.81

39,405,138.81 39,405,138.81 39,405,138.81 39,405,138.81

22,134,847.97 22,134,847.97 22,134,847.97 22,134,847.97
61,539,986.78 61,539,986.78 61,539,986.78 61,539,986.78

61,539,986.78 61,539,986.78 61,539,986.78 61,539,986.78

61,539,986.78 61,539,986.78 61,539,986.78 61,539,986.78

 23,823,393.97 23,823,393.97 23,823,393.97 23,823,393.97
85,363,380.75 85,363,380.75 85,363,380.75 85,363,380.75

85,363,380.75 85,363,380.75 85,363,380.75 85,363,380.75

85,363,380.75 85,363,380.75 85,363,380.75 85,363,380.75

25,511,939.97 25,511,939.97 25,511,939.97 25,511,939.97
110,875,320.72 110,875,320.72 110,875,320.72 110,875,320.72

110,875,320.72 110,875,320.72 110,875,320.72 110,875,320.72

 Total

1,108,404.33
(110,000.00)
998,404.33

998,404.33

100.00%

998,404.33
93,790,179.85
94,788,584.18

94,788,584.18

94,788,584.18
102,237,109.85
197,025,694.03

197,025,694.03

197,025,694.03
110,674,239.85
307,699,933.89

307,699,933.89

307,699,933.89
119,116,969.85
426,816,903.74

426,816,903.74

426,816,903.74
127,559,699.86
554,376,603.60

554,376,603.60
 Current Ratio= Current Assets
Current Liabilities

Current
Current Asset Current Liabilities
Asset Ratio

2018 3.34

134,178,094.17 / 40,198,016.11
2019 240,122,960.09 / 43,818,128.97 5.48
2020 354,500,756.01 / 47,434,041.82 7.47
2021 477,323,681.93 / 51,052,354.68 9.35
2022 608,589,337.86 / 54,670,667.54 11.13

Acid Test Ratio= Total Quick Assets

Current Liabilities

Current
Quick Assets Current Liabilities
Asset Ratio

2018 3.34
134,175,839.17 / 40,198,016.11
2019 240,120,705.09 / 43,818,128.97 5.48
2020 354,498,501.01 / 47,434,041.82 7.47

2021 9.35
477,321,426.93 / 51,052,354.68
2022 608,587,082.86 / 54,670,667.54 11.13

Working Capital
Working Capital to Total Assets= Total Assets
 Working
Working Capital Total Assets Capital to
Total Assets

2018 93,980,078.06 / 134,986,600.29 0.70

2019 196,304,831.12 / 240,843,823.00 0.82
2020 196,304,831.12 / 355,133,975.71 0.55
2021 196,304,831.12 / 477,869,258.42 0.41
2022 196,304,831.12 / 609,047,271.14 0.32

Cash+ Accounts R
Cash Flow Liquidity Ratio

Cash+AR+CFOA Current Liabilities Cash Flow

Liquidity
Ratio
2018 268,335,678.34 / 40,198,016.11 6.68
2019 386,347,587.12 / 43,818,128.97 8.82
2020 512,778,425.90 / 47,434,041.82 10.81

2021 51,052,354.68 12.69

647,662,394.68 /
2022 790,989,093.46 / 54,670,667.54 14.47
Liquidity Ratios

Working Capital Turnover= Net Sales

Average Working Capital

Net Sales Average Working Capital

2018

135,017,492.23 / 93,980,078.06
2019 147,076,535.08 / 145,142,454.59
2020 159,135,577.94 / 251,685,772.65
2021 171,194,620.80 / 366,669,020.72
2022 183,253,663.66 / 490,094,998.78

Working Capital=Current Assets-Current Liabilites

Current Assets Current Liabilities

2018
134,178,094.17 - 40,198,016.11
2019 240,122,960.09 - 43,818,128.97
2020 354,500,756.01 - 47,434,041.82

2021
477,323,681.93 - 51,052,354.68
2022 608,589,337.86 - 54,670,667.54
Average Working Capital
2018
2019
2020
2021

2022
Cash+ Accounts Recievable+Cash Flow From Operating
Activities
Current Liabilities
 Asset Turnover= Net Sales

Working Capital
Turnover

1.44 Net Sales

1.01 2018 135,017,492.23

0.63 2019 147,076,535.08
0.47 2020 159,135,577.94
0.37 2021 171,194,620.80
2022 183,253,663.66

Working Capital
Plant Asset Turnover= Net Sales
93,980,078.06
196,304,831.12
307,066,714.19

426,271,327.25 Net Sales

553,918,670.32 2018 135,017,492.23

2019 147,076,535.08
93,980,078.06 2020 159,135,577.94
145,142,454.59 2021 171,194,620.80
251,685,772.65 2022 183,253,663.66
366,669,020.72

490,094,998.78
Capital Intensity Ratio= Total Assets

Total Asset

2018 134,986,600.29
2019 240,843,823.00
2020 355,133,975.71
2021 477,869,258.42
2022 609,047,271.14
 Asset Management Ratios

Total Assets

Asset
Total Assets
Turnover

/ 134,986,600.29 1.00
/ 240,843,823.00 0.61
/ 355,133,975.71 0.45
/ 477,869,258.42 0.36
/ 609,047,271.14 0.30

= Net Sales

Average Fixed Asset Net

Plant Asset
Average Fixed Asset
Turnover
Average Fixed Asset
/ 808,506.12 167.00 808,506.12
/ 720,862.91 204.03 720,862.91
/ 633,219.70 251.31 633,219.70
/ 545,576.49 313.79 545,576.49
/ 457,933.28 400.18 457,933.28
o= Total Assets

Net Sales

Capital
Net Sales Intensity
Ratio
/ 135,017,492.23 1.00
/ 147,076,535.08 1.64
/ 159,135,577.94 2.23
/ 171,194,620.80 2.79
/ 183,253,663.66 3.32
Debt Ratio=Total Liabilities
Total Assets

Total Liabilities

2018 40,198,016.11 /
2019 43,818,128.97 /
2020 47,434,041.82 /
2021 51,052,354.68 /
2022 54,670,667.54 /

Equity Ratio=Total Equity

Total Assets

Total Equity

2018
94,788,584.18 /
2019 197,025,694.03 /
2020 307,699,933.89 /

2021
426,816,903.74 /
2022 554,376,603.60 /

Debt to Equity Ratio=Total Liabilities

Total Equity

Total Liabilities
2018 40,198,016.11
/
2019 43,818,128.97 /
2020 47,434,041.82 /
2021 51,052,354.68 /
2022 54,670,667.54 /
 Debt Management Ratios

Total Assets Debt Ratio

Average total Asset

134,986,600.29 0.32 134,986,600.29
240,843,823.00 0.20 187,915,211.64
355,133,975.71 0.11 297,988,899.36
477,869,258.42 0.11 416,501,617.07
609,047,271.14 0.09 543,458,264.78

Equity
Total Assets
Ratio
Average Holders Equity
0.70
134,986,600.29 94,788,584.18
240,843,823.00 0.82 145907139.10724
355,133,975.71 0.87 252,362,813.96

0.89
477,869,258.42 367,258,418.81
609,047,271.14 0.91 490,596,753.67

otal Equity

Debt to
Total Equity Equity
Ratio
 94,788,584.18 0.42
197,025,694.03 0.22
307,699,933.89 0.15
426,816,903.74 0.12
554,376,603.60 0.10
Operating Profit Margin=Operating Profit

Operating Profit

2018 133,985,971.22 /
2019 146,053,014.07 /
2020 158,106,056.93 /
2021 170,167,099.79 /
2022 182,228,142.65 /

Net Profit Margin=Net Income

Net Sales

Net Income
2018 93,790,179.85 /
2019 102,237,109.85 /

2020
110,674,239.85 /
2021 119,116,969.85 /
2022 127,559,699.86 /

Cash Flow Margin=Cashflow from OA

Net Sales
 CashFlow from OA

2018 134,159,839.17 /
2019 106,028,865.92 /
2020 114,461,795.92 /
2021 122,906,925.92 /
2022 131,349,655.92 /
 Profitability Ratios

ting Profit Return on Investment o

Net Sales

Operating Profit
Net Sales
Margin

135,017,492.23 99.24%
147,076,535.08 99.30%
159,135,577.94 99.35%
171,194,620.80 99.40%
183,253,663.66 99.44%

Return on Equity=Net I

Net Sales Net Profit Margin

135,017,492.23 69.47% 2018
147,076,535.08 69.51% 2019

69.55% 2020
159,135,577.94
171,194,620.80 69.58% 2021
183,253,663.66 69.61% 2022

Net Sales
 Net Sales Cash Flow Margin

135,017,492.23 99.36%
147,076,535.08 78.53%
159,135,577.94 77.82%
171,194,620.80 77.23%
183,253,663.66 76.73%
eturn on Investment on Asset= Net ProfitMargin X Total Asset Turnover

Total Asset
Net Profit Margin
Turnover

2018 69% * 1.00

2019 70% * 0.61
2020 70% * 0.45
2021 70% * 0.36
2022 70% * 0.30

eturn on Equity=Net Income

Average Stockholders Equity

Average Stock Holders Return on
Net Income
Equity Equity
93,790,179.85 / 94,788,584.18 99%
102,237,109.85 / 145,907,139.11 70%

44%
110,674,239.85 / 252,362,813.96
119,116,969.85 / 367,258,418.81 32%
127,559,699.86 / 490,596,753.67 26%
 Return on
Investment
on Asset

69.48% 93,790,179.85 / 134,986,600.29 = 69.48%

42.45% 102,237,109.85 / 187,915,211.64 = 54.41%
31.16% 110,674,239.85 / 297,988,899.36 = 37.14%
24.93% 119,116,969.85 / 416,501,617.07 = 28.60%
20.94% 127,559,699.86 / 543,458,264.78 = 23.47%
 Year Year

2018 1
2019 2
2020 3
2021 4
2022 5
TOTAL
Less: Present value of investment
Net Present Value

Year Cash flow

0 1,108,404.33
1 93,877,823.06
2 102,324,753.06
3 110,761,883.06
4 119,204,613.06
5 127,647,343.07
Year Cash flow

0 X 1,108,404.33
1 93,877,823.06
2W 102,324,753.06
3 Z 110,761,883.06
4 119,204,613.06
5 127,647,343.07

Internal Rate

YEAR Present Valur Factor (PVF)

1
2
3
4

YEAR ACI

1 93,877,823.06
2 102,324,753.06
3 110,761,883.06
4 119,204,613.06
5 127,647,343.07

@ 15%
 @ 14%

IRR

IRR

Checking

YEAR ACI
1 93,877,823.06
2 102,324,753.06
3 110,761,883.06
4 119,204,613.06
5 127,647,343.07
PVACI
COST OF INVESTMENT
NPV
 Net Present Value

Cash inflow PV of at 4%

93,877,823.06 0.9615384615
102,324,753.06 0.924556213
110,761,883.06 0.8889963587
119,204,613.06 0.854804191
127,647,343.07 0.8219271068

nt

Discounted Payback Period

Present Value Factor at 4%

-
0.9615384615
0.924556213
0.8889963587
0.854804191
0.8219271068

Payback Period
 Cummulative Cash flow

93,877,823.06
196,202,576.12 Y
306,964,459.19
426,169,072.25
553,816,415.32

Internal Rate of Return

PVF @ PVF @
11% 12%

0.9009 0.8929
0.8116 0.7972
0.7312 0.7118
0.6587 0.6355

0.5935 0.5674

PVACI@ PVACI@
11% 12%
84,574,615.37 83,819,484.88
83,049,065.06 81,572,666.66
80,988,134.27 78,838,120.58
78,523,770.89 75,756,686.63
75,752,485.27 72,430,530.52
402,888,070.86 392,417,489.26

PVACI
PVACI_1 372,720,389.03
COST OF INVESTMENT 1,108,404.33

PVACI_2 382,368,836.91

0.5351520879 53.52%

0.5351520879 53.52%

Checking

PVF @ IRR PVACI

0.6514012572 61,152,131.96
0.4243235978 43,418,807.37
0.2764049251 30,615,129.99
0.1800505157 21,462,852.05
0.1172851323 14,971,135.52
171,620,056.89
1,108,404.33
170,511,652.56
 Present value

90,267,137.56
94,604,986.19
98,466,910.72
101,896,602.84
104,916,811.37
490,152,448.68
1,108,404.33
489,044,044.35

Discounted Cash flow Balance

1,108,404.33 1,108,404.33

90,267,137.56 91,375,541.89
94,604,986.19 185,980,528.08
98,466,910.72 284,447,438.80
101,896,602.84 386,344,041.64
104,916,811.37 491,260,853.01
Payback Period = W+(X-Y)/Z
0.24 YEARS

PVF @ PVF @
13% 14%

0.8850 0.8772
0.7831 0.7695
0.6931 0.6750
0.6133 0.5921

0.5428 0.5194

PVACI@ PVACI@
13% 14%
83,077,719.52 82,348,967.60
80,135,290.99 78,735,574.84
76,763,541.03 74,761,116.15
73,110,421.62 70,578,700.37
69,281,863.75 66,296,030.08
382,368,836.91 372,720,389.03

Variance
(371,611,984.70)

381,260,432.58

9,648,447.88
 Annual Cash inflow
year 1 year 2 year 3
Net income 93,790,179.85 102,237,109.85 110,674,239.85
Add: Depreciation expense 87,643.21 87,643.21 87,643.21
Annual Cash inflow 93,877,823.06 102,324,753.06 110,761,883.06
 year 4 year 5
119,116,969.85 127,559,699.86
87,643.21 87,643.21
119,204,613.06 127,647,343.07
OTHER(Project Cost) Price Quantity
Van 800,700.00 1
Life Jacket 300.00 12
Flashlight 600.00 5
Helmet 800.00 10
Total

ANNEX 7
SCHEDULE OF UTILITIES
Monthly Year 1
WATER BILL 2,500.00 30,000.00
ELECTRIC BILL 2,500.00 30,000.00
INTERNET FEE 2,500.00 30,000.00
Total 7,500.00 90,000.00
Total
800,700.00
3,600.00
3,000.00
8,000.00
815,300.00

year 2 year 3 year 4 year 5

30,000.00 30,000.00 30,000.00 30,000.00
30,000.00 30,000.00 30,000.00 30,000.00
30,000.00 30,000.00 30,000.00 30,000.00
90,000.00 90,000.00 90,000.00 90,000.00
Formula:
Cost-Salvage Value 5%
Estimated Life

Computer 43,596.00 2,179.80

4,359.60
39,236.40
10
ANNUAL DEPRECIATION= 3,923.64

Van 800,700.00 40,035.00

80,070.00
720,630.00
10
ANNUAL DEPRECIATION= 72,063.00

Television 2,999.00 149.95

299.90
2,699.10
10
ANNUAL DEPRECIATION= 269.91

Internet Router 3,184.25 159.21

318.43
2,865.83
5
ANNUAL DEPRECIATION= 573.17

Aircon 14,000.00 700.00

1,400.00
12,600.00
5
ANNUAL DEPRECIATION= 2,520.00

Fire Extinguisher 2,339.94 117.00

233.99
2,105.95
10
ANNUAL DEPRECIATION= 210.59

Bulb 5,742.00 287.10

574.20
5,167.80
2
ANNUAL DEPRECIATION= 2,583.90
Life Vest 3,600.00 180.00
360.00
3,240.00
5
ANNUAL DEPRECIATION= 648.00

Flashlight 3,000.00 150.00

300.00
2,700.00
10
ANNUAL DEPRECIATION= 270.00

Helmet 8,000.00 400.00

800.00
7,200.00
5
ANNUAL DEPRECIATION= 1,440.00

Printer 3,950.00 197.50

395.00
3,555.00
5
ANNUAL DEPRECIATION= 711.00

Office Table 11,500.00 575.00

1,150.00
10,350.00
10
ANNUAL DEPRECIATION= 1,035.00

Office Chair 6,000.00 300.00

600.00
5,400.00
5
ANNUAL DEPRECIATION= 1,080.00

Long Chair 2,000.00 100.00

200.00
1,800.00
10
ANNUAL DEPRECIATION= 180.00

Simple Chair 1,500.00 75.00

150.00
1,350.00
10
ANNUAL DEPRECIATION= 135.00
 Quantity Description
4 Computer
1 Van
1 Television
1 Internet Router
1 Aircon
2 Fire Extinguisher
10 Bulb
12 Life Vest
10 Helmet
1 Printer
5 Office Table
5 Office Chair
1 Long Chair
5 Simple Chair
5 Flashlight
Total Depreciation

Year
1
2
3
4
5
 ESTIMATED USEFUL LIFE SV5% Total
10 10% 43,596.00
10 10% 800,700.00
10 10% 2,999.00
5 10% 3,184.25
5 10% 14,000.00
10 10% 2,339.94
2 10% 5,742.00
5 10% 3,600.00
5 10% 8,000.00
5 10% 3,950.00
10 10% 11,500.00
5 10% 6,000.00
10 10% 2,000.00
10 10% 1,500.00
10 10% 3,000.00

912,111.19
Depreciation
87,643.21
175,286.42
262,929.63
350,572.84
438,216.05
Annual Depreciation
3,923.64
72,063.00
269.91
573.17
2,520.00 PPEs are acquired at the end of the year
210.59 PPEs are acquired at the end of the year
2,583.90
648.00 PPEs are acquired at the end of the year
1,440.00
711.00
1,035.00 PPEs are acquired at the end of the year
1,080.00
180.00
135.00
270.00
87,643.21
 SALARIES AND WAGES
Position Monthly
General/HR Manager 10,000.00
Marketing Manager 8,000.00
Operations Manager 8,000.00
Accountant 8,000.00
Safety and Security Head 7,000.00
Tour Guide 5,000.00
Driver 5,000.00
Total 51,000.00

PHILHEALTH CONTRIBUTION
Position Monthly Salary
General/HR Manager 10,000.00
Marketing Manager 8,000.00
Operations Manager 8,000.00
Accountant 8,000.00
Safety and Security Head 7,000.00
Tour Guide 5,000.00
Driver 5,000.00
Total 51,000.00
https://www.philhealth.gov.ph/partners/employers/contri_tbl
SSS CONTRIBUTION YEAR 1
Position Monthly Salary
General/HR Manager 10,000.00
Marketing Manager 8,000.00
Operations Manager 8,000.00
Accountant 8,000.00
Safety and Security Head 7,000.00
Tour Guide 5,000.00
Driver 5,000.00
Total 51,000.00
https://www.sss.gov.ph/sss/appmanager/pages.jsp?page=ne

13th Month Pay

Position YEAR 1
General/HR Manager 10,000.00
Marketing Manager 8,000.00
Operations Manager 8,000.00
Accountant 8,000.00
Safety and Security Head 7,000.00
Tour Guide 5,000.00
Driver 5,000.00
Total 51,000.00

employees share
employer share

annual salaries
13th month

deductions
sss
philhealth
tax

net pay
GES
Yearly Taxable income
120,000.00 120,000.00 69,511.70
96,000.00 96,000.00 45,609.30
96,000.00 96,000.00 45,718.30
96,000.00 96,000.00 45,718.30
84,000.00 84,000.00 31,421.90
60,000.00 60,000.00 10,000.00
60,000.00 60,000.00 10,000.00
612,000.00

PHILHEALTH CONTRIBUTION YEAR 1

Monthly Contribution Employee Share Employer Share
250.00 125.00 125.00
200.00 100.00 100.00
200.00 100.00 100.00
200.00 100.00 100.00
200.00 100.00 100.00
200.00 100.00 100.00
200.00 100.00 100.00
1,450.00 725.00 725.00
ners/employers/contri_tbl.html

Monthly Contribution Employee Share Employer Share

1,110.00 363.30 746.70
890.00 290.70 599.30
890.00 290.70 599.30
890.00 290.70 599.30
780.00 254.30 525.70
560.00 181.70 378.30
560.00 181.70 378.30
5,680.00 1,853.10 3,826.90
nager/pages.jsp?page=newssscontributionschedule

YEAR 2 YEAR 3 YEAR 4

10,000.00 10,000.00 10,000.00
8,000.00 8,000.00 8,000.00
8,000.00 8,000.00 8,000.00
 8,000.00 8,000.00 8,000.00
7,000.00 7,000.00 7,000.00
5,000.00 5,000.00 5,000.00
5,000.00 5,000.00 5,000.00
51,000.00 51,000.00 51,000.00

SSS Philhealth
22,237.20 8,700.00
45,922.80 8,700.00
68,160.00 17,400.00

612,000.00 612,000.00
51,000.00
663,000.00 612,000.00

22,237.20 22,237.20
8,700.00 8,700.00
2,224.74 2,224.74
33,161.94 33,161.94
629,838.06 578,838.06
 *all employees are single and no dependents
TAX DUE EXCESS (tax due) Total annual tax
2,500.00 5,926.76 8,426.76
2,500.00 2,341.40 4,841.40
2,500.00 2,357.75 4,857.75
2,500.00 2,357.75 4,857.75
2,500.00 213.28 2,713.29
500.00 500.00
500.00 500.00
26,696.93

Annual Contribution
1,500.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
8,700.00

Annual Contribution
13,320.00
10,680.00
10,680.00
10,680.00
9,360.00
6,720.00
6,720.00
68,160.00

YEAR 5
10,000.00
8,000.00
8,000.00
 8,000.00
7,000.00
5,000.00
5,000.00
51,000.00
Tax to be withheld monthly
702.23
403.45
404.81
404.81
226.11
41.67
41.67
2,224.74
TAX TABLE
If TAXABLE INCOME is:
Not over P 10,000
Over P 10,000 but not over P 30,000

Over P 30,000 but not over P 70,000

Over P 70,000 but not over P 140,000

Over P 140,000 but not over P 250,000

Over P 250,000 but not over P 500,000
Over P 500,000

https://www.sss.gov.ph/sss/appmanager/pages.jsp?page=newssscontributionschedule
https://www.philhealth.gov.ph/partners/employers/contri_tbl.html
 TAX DUE is:
5%
P 500 + 10% of the excess over P 10,000

P 2,500 + 15% of the excess over P 30,000

P 8,500 + 20% of the excess over P 70,000

P 22,500 + 25% of the excess over P 140,000

P 50,000 + 30% of the excess over P 250,000
P 125,000 + 32% of the excess over P 500,000

ger/pages.jsp?page=newssscontributionschedule
rs/employers/contri_tbl.html
 RETURN ON INVESTMENT (ROI)
Return on investment (ROI) is the benefit to an investor resulting from an investment of som
ROI means the investment gains compare favorably to investment cost. As a performance measu
evaluate the efficiency of an investment or to compare the efficiency of a number of different investm
economic terms, it is one way of considering profits in relation to capital invested

(Net Income - Cost of Initial Investment)

ROI =
Cost of Initial Investment
 (ROI)
ing from an investment of some resource. A high
ost. As a performance measure, ROI is used to
f a number of different investments.[1] In purely
l invested

me - Cost of Initial Investment)

st of Initial Investment
 PAYBACK PERIOD
The payback period is the time required for the amount invested in an asset to be repaid
cash outflow generated by the asset. It is a simple way to evaluate the risk associated with a propos
The payback period is expressed in years and fractions of years

Net Cost of Investment

Payback Period =
Net Annual Cash Flow (Net Income + Non-cash Expenses
OD
ount invested in an asset to be repaid by the net
uate the risk associated with a proposed project.

et Cost of Investment
ow (Net Income + Non-cash Expenses
 BREAK EVEN POINT
Number of units that must be sold in order to produce a profit of zero (but will
associated costs). In other words, the break-even point is the point at which your product stops c
money to produce and sell, and starts to generate a profit for your company.

Fixed Cost
Breakeven point (in Units) =
Contribution Margin (Ave. Selling Price - Ave. Variable Cost

Fixed Cost
Breakeven point (in Peso) =
Contribution Margin Ratio (Ave. Cont. Margin/ Ave. Selling Pri
INT
to produce a profit of zero (but will recover all
point at which your product stops costing you
our company.

Fixed Cost
(Ave. Selling Price - Ave. Variable Cost)

Fixed Cost
atio (Ave. Cont. Margin/ Ave. Selling Price)