NAME: NSEREKO VINCENT

BUSINESS NAME: ZIIMART LIMITED

BUSINESS PHONE NUMBERS: +256701993090, +256782993090
BUSINESS EMAIL ADDRESS: ziimartonline@gmail.com
BUSINESS WEBSITE: www.ziimart.com

We feed the world

Table of Contents
Executive Summary ......................................................................................... 3
1. Introduction .................................................................................................. 4
2. The Service: ................................................................................................. 4
3. Industry and Market Analysis: ...................................................................... 6
4. Competition .................................................................................................. 6
5. SWOT Analysis ............................................................................................ 6
6. Operations Plan ........................................................................................... 8
7. Marketing Plan ........................................................................................... 11
8. Management .............................................................................................. 12
9. Financial Plan ............................................................................................ 13
10. Appendices .............................................................................................. 18
Executive Summary
Ziimart is an investment and marketing firm. Our goal is to commercialize
agriculture in Africa. We set up investments that target the urban working class
as investors while being mutually beneficial to the farmers. For every
investment we charge a commission on the profit paid to the investor at maturity
of the investment and 10% of the commission is reinvested in training and
facilitating farmers to grow their farms to commercially investable schemes. The
farmers are ultimately listed as an investment option and can receive
investment capital from our pool of investors on the platform.

We started off with investment options in maize however we are growing to

include investment options in poultry broilers, layers and piggery. At the start of
every investment we carry out a pilot which enables us establish the price to
charge for the investment the projection, the risks and risk mitigation measures.
The price that we establish for the investment and in turn charge the investor
(customer) includes the price for all costs associated to the investment. At the
maturity of the pilot all the products are sold and the profits are used for
infrastructure on the development to be able to take on investments from the
investors.
We list each investment on the Ziimart platform where investors are able create
accounts view, select and pay for the investments they are interested in. When
they pay the investments they move to the tracking section of their account and
they are able to follow up on all the work is done on their investment online for
them and with structured farm visits.
At the maturity of the investment the produce is sold and the profit is paid to the
investor as we charge a 20% profit on the profit. 10 % of our profit is reinvested
into the farmers in the areas we work to enable them grow their farms to
commercially investable farms and at the end are listed on the Ziimart platform
as investment options for our investors to invest in.
1. Introduction

Overview:

Ziimart is currently finishing with the market entry stage and embarking on the
growth stage. We have had a total of three investment cycles over the last two
years and are about to start on our fourth. Currently we have active investment
units in cereals produce and we are piloting and planning to expand to include
investment options in piggery and poultry. With the cereals investment options
we have been able to take on 10 investors and these want to reinvest and have
other potential investors that also wish to invest with us. Given this growing
interest in our investment platform we have embarked on expanding the
platform, investment options, capacity to take on investments and investors.

Vision Statement:
Our Vision is to grow Uganda and Africa into the food basket of the world with
Ziimart as the top agricultural produce supply and investment company in the
world.
Mission statement:
Our Mission is to commercialise agriculture in Uganda all of Africa by providing
an investment vehicle for people who want to invest in agriculture to invest in
the agricultural value chain.
Objectives:

a) To develop an online platform for investors to find, access, monitor

and invest in agriculture safely by end of this year.
b) To continuously grow a network of farmers to absorb the
investments and profitably utilize them
c) To develop a monitoring system to ensure successful investment.
d) To development a robust marketing system through Ziimart to
market the products Ziimart investors and farmers produce
e) To develop a research and implementation mechanism to better the
yields and market for the produce from the investments.
The Value Proposition:

Ziimart provides the urban working class an effortless, quick, profitable and safe
way to invest in agriculture and while they invest with Ziimart they are
enhancing small holder economies.

2. The Service:
The Ziimart is commercializing agriculture by organizing farmers into
investments where the urban working class can invest and have their
investments monitored and supervised by agricultural experts which will
reduce their risk and increase their profit margins while providing employment
and land rental income to the small holder farmers.
We firstly run pilots of the investments to establish the cost of the investment
which includes all the operational cost for the investment from start to finish.
This is in turn listed on the platform as the cost for the investment and the
investor is able to invest by logging into the platform and selecting and
investment paying for it, Ziimart does the investing, supervises the production
process and sales the produce on their behalf.
On the sale of produce from the investments, we charge a 20% commission
on the profit paid to the investor at maturity of the investment and 10% of the
commission is reinvested in training and facilitating farmers to grow their
farms to commercially invest-able farms. The farmers are ultimately listed as
investment options and receive investment capital from our pool of investors
on the platform.
By investing in the farmers, Ziimart is making use of the growing middle class
in Uganda while stimulating small holder economies.

3. Industry and Market Analysis:

The agricultural sector is dominant in Uganda's economy. The importance of

agriculture in Uganda's economy outweighs all other sectors put together. The
agricultural sector employs almost 80 percent of the workforce. The sector
over the last 3 years has contributed over the 12 trillion to GDP contributing
12.2 trillion in 2015, 12.3 trillion in 2016 and 12.9 trillion in 2017(source; UB0S
key indicators 4th quarter 2017/2018). Moreover, small holder farmers in
Uganda and scattered large commercial farms provide the majority of the
country's staple food requirements. Uganda is able to rely on agriculture due
to our country's excellent access to waterways, fertile soils, and (relative to
many other African nations) its regular rainfall, although it does still suffer from
intermittent droughts.
Currently the government is providing funding through the African Development
Bank, Bank of Uganda, and Uganda Development Bank and under youth
livelihood fund. Government has also setup the National Agricultural Advisory
services and Operation wealth creation which provide subsidised inputs for
agriculture in a bid to enhance the performance of the sector. This is in line with
the first two sustainable development goals but most importantly this gives our
platform the perfect ground to launch as we will use these government
programs to subside our platform. Ultimately investors will find it cheaper to
invest with us than do agriculture on their own.
Our platform is focusing on the urban working class that are interested in
agriculture. We will start by targeting the over 5miliion working class people in
Kampala specifically looking at the white collar workers that are between the
age bracket of 25-40 years. We have the potential to reach out to the retiring
population as they look to invest their pensions and also spread to other
workers across the country. Uganda alone has a population that is 45 million
which is 70% youth hence they are in or approaching our target market.

4. Competition
Direct Competition
Our major direct competition is small. Currently there no companies in
Uganda offering agricultural investing and hence people have resorted to
telephone farming. Telephone farming is when someone does farming by
making phone calls to give instructions and sending the money over
telephone to the people doing the farming. This has mostly been done by our
core target market, the people who are very eager to invest in agriculture and
will do everything to ensure they invest in agriculture.
Telephone farming has however proved to be very unsuccessful as most have
registered many losses and have had a very high supervision cost.

Indirect Competition
The indirect competition is our major most significant type of competition as it
consists big already established companies. These include: investment funds,
securities and stock brokers. These have already existing structures and a track
record that spans years. This instils trust in their potential and existing
customers. We and our competitors are focusing on the same core target
market the working class 25-40 year olds and given Uganda’s youthful
population there many other international companies that are setting their sights
on opening in Uganda. The only deterrent for these companies is the high set
up cost and government minimum capital requirement. The down side to these
companies is not only the high cost to buy the investment options (USD
1000),with lower returns on investment (30%) but also the Return on investment
time which is in a few cases is one year but in most its 3-5 years. Ziimart how
ever has short Return on investment times with most investments giving returns
in 2-6 months and our investment start from as low as $300 with a return on
investment ranging between (10-80%) which makes them very accessible.
However as a way of providing insurance to our investors’ money on top of the
insuring to all the investments we will invest money with the already established
funds annually to further ensure at worst case scenario our investors recover
their invested amount.

5. SWOT Analysis
Strengths
 Our short investment maturity time (2-6 months)
 The high return on investment (10- 80%)
 Reinvestment of 10% of our profit in the farmers
Our short investment maturity time and high return on investment is
going to be at the fore front of our marketing message. We need our
target customers to know they can get high returns in a short period and
see the people (existing investors) that have done it. Our reinvestment
in the farmer is going to enable us improve the quality and the number
of investment options we offer on the platform. This will ensure we have
the capacity to take on more investors as they join the platform, the
farmers that associate with Ziimart will have an improved livelihood and
greater yields which will attract more farmers and will attract more
investors when they know their investment in Ziimart improves
someone’s life.

Weakness
 We are a new product with low market testing
 We have a weak brand at the moment.
  We have a small marketing force.
For every investment that we setup before we roll out the investment we
carry out a pilot which enables us to establish any risks associated with
the investment so we can solve it in advance. We are also going to
provide agricultural insurance with in our respective investments to
ensure the capital from our investors is protected. We are going to
rebuild our website into a state of the art site that is user friendly which
will better our investors’ experience and make it easy for them to show
others how the investment works. As part of our marketing plan we are
going to ensure investors have a very good experience with our platform
so they can recommend the platform to others. We will also make use of
social media to share our investors stories and the impact of our work
on the farmers all this to grow our market share while keeping the
marketing budget low.

Opportunities
 Huge desire for people to invest in agriculture
 Government and international support for agriculture
 Large market for agricultural products.
We are going to make the new rebuilt website so simple and user friendly
so that anyone who hears about Ziimart and decides to invest can do it
from the website with ease. This will enable us recruit the large number
of people with a desire to invest in agriculture. We are going to keep the
different government and funding agencies abreast of the work that we
are doing with the small holder farmers and the impact we are creating.
This will put us at the forefront of receiving the support designated for
agricultural enhancement. We are also going to ensure our packing and
delivery is great quality to ensure that we maintain and grow the
customers for our agricultural produce. Our marketing team is not only
going to seek investors but also seek customers for our agricultural
produce.
Threats
 Few barriers to entry into the market
 Agricultural losses due to weather / pests and diseases
 Limited capital to expand fast enough for emerging demand.
Since there few barriers to entry we will ensure that every investor we get has
a good experience with us and hence we retain them to invest more and invite
other investors this will enable us gain a big market share and reduce the
competition. We also plan to insure all our investments and have some capital
invested in other investments as a secondary insurance for our investors to
ensure them don’t loss invested capital.
We also plan to keep the investment units that Ziimart will own in the pilot stages
of any project to keep going and the profit from them will be used to expand into
other areas and enable us set up the infrastructure to take on more investors.

6. Operations Plan
Rebuilding the web platform,
The first step is going to be rebuild our web platform to grow from one that just
lists the investments to one where the investors can have and account on the
website to view, select, pay for and follow up their investments in real time. We
plan that this will be done in the first quarter of the first year.

Piloting:

Before we take on and list any investment or farmer, we carry out a pilot
agricultural production with them. For the Investment the goal of the pilot is to
establish the cost for the investment, inputs requirements, quality of inputs,
items to package per investment unit, the price to change per investment unit
and the projection of return on investment. For the farmer the pilot period is
study his strengths and find out if he is a fit for Ziimart.

Marketing: These is in two parts: produce marketing and platform marketing.

Before the investment is listed our sales team seeks the market and where
applicable gets a memorandum of understanding or a purchase order to
guarantee the market for the produce from the investment. The platform
marketing entails recruiting investors to create accounts and invest on the
web platform.

Investment set up; The structures for the investment successful execution
are setup this includes farm structures and systems (management, records,
supervisory).

Listing: Here the investment options are listed on the Ziimart web platform for
the investors to select the options and number of investment units they would
like to invest in. The platform contains the details of the investment like how
much is contained in each investment unit, the projected return per unit of
investment and details on activities that are going to be involved in the
investment. The listing per investment in give a time window after which it
closes new options are listed,

Investing and Follow up : The investor is able to create and account on the
Ziimart web platform from which he is able to invest money with Ziimart,
receive updates(weekly picture and text updates) to follow up on the
investment and to receive the returns from the various investments.

Farming: After the close of the investment window the actual farming
commences. The labourers on the farm carry out the daily operations of the
farm under the supervision of the farm manager. We have agricultural experts
who supervise and these usually visit the farm weekly or twice a week to
ensure all operations are going well. During the farming the investor is given
continuous updates on the investment in picture, video and text.

Sell of produce: At the maturity of the investment the produce from the
investment is harvested packed and sold.

Payment of Investors and Commission: On sell of the produce from the

investment Ziimart charges the investor a commission on the profit and pays
the investor the principle and profit less the 20% commission to Ziimart.

Re-investment: On the commission Ziimart receives 10% of it is reinvested

into the farmers and the farms of the area to train and facilitate the farms to
 grow their farms to commercially invest-able farms that later listed as
investment options on the platform.

6.1. Implementation Milestones

Quarter Activity Details GOALS
1st of Year 1 Rebuilding web For 3 months it will be test with a small Web app that links Ziimart to
platform samples before grand roll out investor and farmers
Setup of Broiler Establish the variables and costs for the Get price per investment unit
Investment Pilot broiler investment before listing it. and any risks to expect.
Infrastructure setup Put up poultry pens for investors’ farming. 2000 chicken capacity pen
Recruiting Initial First close friends and family as they 15 initial investors
Investors already know the platform and trust us.
2nd of Year 1 Investment in Broilers List the price per investment unit, and 20 investment units listed
investors can start to buy in.
 Setup of Piggery pilot Establish the variables and costs for the Get price per investment unit
broiler investment before listing it. and any risks to expect.
Infrastructure setup Put up pig stys for investors’ farming 500 pig capacity sty
Study of Investor Learn and build strategies on how to retain Report on investor
experience and attract more investors. experience.
3rd of Year 1 Investment in piggery List the piggery price and projections and 500 investment units listed
investors can buy in.
Set up of poultry Establish the costs and variables involved Get price per investment unit
layers Pilot in layers before listing them. and any risks to expect.
Infrastructure setup Put up layers pens for investors’ farming 5000 chicken capacity pen
Commence Farmer Reinvest in the farmer by training, Impact at least 100 farmers
Reinvestment providing machinery and expansion needs.
4th of year 1 Investment in Layers List layer investment so investors buy in. 50 initial investment units
Setup of Pilot on Establish the costs and variables involved Get price per investment unit
maize farming in maize farming before listing it. and any risks to expect.
Develop new Modify the marketing plan based on New approach investor
marketing strategy experience and feedback on the platform. acquisition.
1st of year 2 Investment in Maize List maize as an investment option for the 100 initial investment units
Farming investors on the platform
Plan for Expansion of Work out how to grow the capacity of all Double the infrastructural
all projects existing investments to take more capacity of year1 and
investors. number of investment units
Start piloting farmers Prepare farmers through the reinvestment 50 farmers in pilot
to be listed as investment options on the
platform
2nd of year 2 Listing farmers as Based on the data gathered on Ziimart 10 initial farmers listed
investment options farmers list ready farmers and prepare
others for next cycle.
Develop new produce Work on growing the market for the Widen the local market and
marketing strategy produce from the investments. establish Export Market
Pilot greenhouse Establish the costs and variables in green Get price per investment unit
farming house farming before listing. and any risks to expect.
Infrastructure setup Setup green houses for investor to invest 10 acres of green house
3rd of year 2 Green house farming List greenhouse farming options for 20 initial investment unit
investment investment on the platform.
Develop loan scheme Structure loan financial facilitation to for Partnership with
for farmers farmer to grow from subsistent farms to agricultural-loan provider
commercial farms.
Pilot fish farming Establish the cost and variables involved in Get price per investment unit
fish farming. and any risks to expect.
Infrastructure setup Setup ponds for fish farming investment 100,000 fish capacity ponds
4th of year 2 Fish farming List fish farming as an investment option 1000 investment units
investment for the Ziimart investors.
Plan to go regional Work on how to setup up investment Start in Western then to
outside central Uganda. Eastern and Northern
Uganda
Pilot Dairy Farming Establish the cost and variables in dairy Get price per investment unit
farming and any risks to expect.

7. Marketing Plan
TARGET MARKET
Our target market for the start are urban working class people who are a total
of 10 million people of the total 19 million working population in Uganda.
(Source; UBOS- UGANDA NATIONAL HOUSEHOLD SURVEY 2016/17). In
particular we are targeting people with access to internet in the 25-40 years
age bracket. We plan to grow to include the other 9 million in informal
employment. The working population is growing at a rate of 3% per annum.
Our secondary target market the people retiring from the formal employment
and have pension or retirement accounts. These we are targeting people 60
years and above which according to Uganda Retirements Benefits Regulatory
Authority they are a total of 2million people and pension sector report had the
pension sector valued at Uganda shillings 6.5 trillion and rising at an average
of 10% annually.

MARKETING STRATEGY
Our marketing strategy for marketing is focusing on three stages:
The investors; we will start by reaching out to people we know, colleagues,
friends and family who we know are already interested in investing in
agriculture. We share promotion videos with the potential investors to explain
to them about how they can invest and profit from the platform. Our goal with
this is to give the investors a good experience on the platform so they can invite
other people to invest on the platform. To encourage this we will have
commissions paid to those that invite others that actually end up investing with
us.
Social Media; with the successful investment stories and impact that our
investments will have on the farmers in the areas where our investments are
running. We will share our promotional and investment explanation videos on
our social media platform. This will help us reach and recruit more investors
onto the platform. This will also focus on people that have an interest in
agriculture.

Agricultural Investment Seminars; These we plan to have biweekly and

monthly to enable investors and potential investors to learn and make more
informed decisions about agriculture. This will enlighten potential investors
about the investment potential of Ziimart and will earn Ziimart more investors.

Farm visit; these are built into the investments to enable investors follow up on
their investments but we plan to use these to attract people that don’t
understand what happens in agriculture. During farm visits the investors will be
encouraged to bring others that are not invested on the platform. When these
people appreciate what happens in agriculture and at Ziimart they will invest
with us.

8. Management
(i) Managing Director
Functions
 In charge of planning and strategy development
 Oversight on all the activities of Ziimart
 Sourcing for funding for the Ziimart projects and ideas
 Will also serve as Human Resource

Qualification
 Business administration degree

(ii) Farm Production Manager

Functions
 In charge of all the farms that are under Ziimart management
 Supervise the farming and farm activities
 In charge of Research and Development in our farming methods
Qualification

 Agribusiness degree

(iii) Investor acquisition Manager

Functions
 In charge of developing strategies to acquire investors onto the platform
 Ensure that the Investors have a great investment experience

Qualification

 Business Administration Degree with Training in customer Relations

(iv) Marketing Manager

Functions
 In charge of marketing the produce for all the investments
 In charge of sourcing items that require to be produced
 In charge of packaging and selling the Ziimart brand.
Qualification
 Marketing Degree

(v) Farmer Welfare and Reinvestment Manager.

Functions
 In charge of the wellbeing of the farmers and their training.
 In charge of recruiting farmers for Ziimart and preparing them into
investment options.
 In charge of designing the reinvestment programs for the farmers to best
benefit them and ensure sustainability of Ziimart.
Qualification
 Agribusiness Degree

(vi) Finance Manager

Functions
 In charge of planning and budgeting the finances for Ziimart
 Ensure all projects are well funded at all times
 Internal financial auditing of Ziimart activities
 For the start will perform all procurement duties
Qualification
 Finance and Accounting Degree

9. Financial Plan
Key Assumptions
(i) Investment units cost averagely Ush 1,000,000 and have a projected
profit of Ush500,000 hence commission is Ush 100,000
(ii) The commission of Ush 100,000 is what is quoted as the Investment Unit
product price.
(iii) All operational costs for the investment will be charged with in the cost
of the investment.
(iv) For the pilot units which are to be retained by Ziimart and are product 2
quoted is the projected average selling price.
(v) Even when we put a provision for land and vehicle we will not buy them
until the 5th year
Cost Estimations & Projections

YEAR 1 YEAR 2 YEAR 3

STARTUP COSTS Ush Ush Ush

Building 8,000,000
furniture 1,500,000
Equipment 4,000,000
Website 2,500,000

Direct costs
Raw material 6,600,000.00 7,920,000.00 10,929,600.00
Direct labor 2,400,000.00 2,880,000.00 3,974,400.00
Farm overheads* 5,000,000.00 6,000,000.00 8,280,000.00
Inbound transport 1,000,000.00 1,200,000.00 1,656,000.00

Fixed costs
Salaries and Wages 3,080,000.00 3,388,000.00 5,566,000.00
Rent 7,200,000.00 7,200,000.00 7,200,000.00
Utilities 6,000,000.00 6,300,000.00 6,615,000.00
Marketing/Advertisement 1,000,000.00 1,000,000.00 1,000,000.00
Administrative* 4,000,000.00 4,800,000.00 5,280,000.00
Maintenance 1,200,000.00 1,200,000.00 1,260,000.00
Insurance 4,000,000.00 4,480,000.00 5,152,000.00
Transport 2,400,000.00 2,712,000.00 3,254,400.00
Subscription/Licenses 1,000,000.00 1,000,000.00 1,000,000.00

60,880,000 50,080,000.00 61,167,400

Financing
A. Required Start-up capital

AMOUNT
ITEM (ush) DESCRIPTION

Opening Inventory* 6,250,000.00 5 months of Direct costs

Initial Working 6 months of operating
Capital* 14,940,000.00 costs

Start up cost 16,406,000.00

37,596,000.00
 Revenue Projections
We are to have two sources of Revenue
A. Commissions from Investment units: To invest on our platform investors
buy investment units and the maturity of the investment we sell the
produce and charge the investor a commission 20% on the profit.
Assumption: Average 20% 0f the profit is Ush 100,000

B. The other source is pilot unit; before we list an investment we carry out a
pilot to establish the cost, risk and other variables of the investment.
However the units invest invested in during the pilot for every investment
are retained by Ziimart to generate revenue for infrastructural expansion.
NOTE; These provide income as profit not as commission

ITEM Year 1 Year 2 Year 3

Unit Unit Unit
Units price AMOUNT Units price AMOUNT Units price AMOUNT
SOLD (USh) (USH) Sold (USH) (USH) sold (ush) (ush)

Investment
units 819 100,000 81,900,000 942 100,000 94,200,000 1,168 100,000 116,800,000

Pilot Units 120 500,000 60,000,000 122 500,000 61,000,000 128 500,000 64,000,000

Total 141,900,000 155,200,000 180,800,000

 PROFIT AND LOSS

All figures expressed in thousands unit Year 1 Year 2 Year 3

'000 '000 '000

Revenue

Investment Units USh 81,900 94,185 116,789

Pilot Units USh 60,000 61,200 64,260

Total Revenue USh 141,900 155,385 181,049

Direct Costs USh 15,000 18,000 24,840

Gross Profit USh 126,900 137,385 156,209

Salaries and Wages USh 3,080 3,388 5,566

Rent USh 7,200 7,200 7,200

Utilities USh 6,000 6,300 6,615
Marketing/Advertisement USh 1,000 1,000 1,000

Administrative USh 4,000 4,800 5,280

Maintenance USh 1,200 1,200 1,260

Insurance USh 4,000 4,480 5,152

Transport USh 2,400 2,712 3,254
Subscription/Licenses USh 1,000 1,000 1,000

Depreciation USh 11,875 11,875 11,875

Operating Profit USh 85,145 93,430 108,007

Interest Expense USh - - -

Profit Before Tax USh 85,145 93,430 108,007

Taxation USh 25,544 28,029 32,402

Profit After Tax/Net
Income USh 59,602 65,401 75,605
 Cash flow
All figures expressed in thousands
unit Year 1 Year 2 Year 3
'000 '000 '000

Operating Activities

Net Earnings USh 59,602 65,401 75,605

Plus: Taxation USh 25,544 28,029 32,402

Plus: Interest
Expense USh - - -

Plus: Depreciation USh 11,875 11,875 11,875

Minus: Changes in
Working Capital USh (42) (39) (96)
Net Operating
Cashflow USh 96,978 105,266 119,786

Investing Activities

Purchase of CAPEX USh (96,000) - -

Net Investing
Cashflow USh (96,000) - -

Financing Activities

Equity injection USh 14,400 - -

Loan taken USh - - -
Loan repayment USh - - -
Loan interest USh - - -
Net Financing
Cashflow USh 14,400 - -

Cash Generated During the

Year USh 15,378 105,266 119,786

Cash at Beginning of Year USh 15,378 120,643

Cash at the End of Year USh 15,378 120,643 240,429
 BALANCE SHEET
All figures expressed in
thousands unit Year 1 Year 2 Year 3
'000 '000 '000
Assets
Current Assets

Cash & cash equivalents USh 15,378 120,643 240,429

Accounts Receivable USh - - -

Inventory USh 288 345 476

Total USh 15,666 120,989 240,906

Non-Current Assets
Property, Plant and
Equipment USh 84,125 72,250 60,375
Total Assets USh 99,791 193,239 301,281

Liabilities and
Equity
Liabilities

Accounts Payable USh 246 264 299

Tax Payable USh

Total USh 246 264 299

Non-Current
Liabilities
Long Term Loan USh - - -
Shareholder's
Equity

Investment Capital USh 14,400 14,400 14,400

Retained Earning USh 85,145 178,575 286,582

Total USh 99,545 192,975 300,982

Total Liabilities &
Equity USh 99,791 193,239 301,281
10. Appendices

Profit and Loss Chart

4,000,000
Thousands

3,500,000
3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
-
Year 1

Year 2

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8

Year 9

Year 10
Revenue Expenses Net income

Cash Flow chart

4000000
THOUSANDS

3500000

3000000

2500000

2000000

1500000

1000000

500000

0
Year 10
Year 0

Year 1

Year 2

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8

Year 9

-500000