All STARS Budgeting PLAN

Initial Investment: Php 100,000,000 or 100 Million

Source of budget: Funding of All Stars Corporation consisting of 12 Multi-Millionaire Individuals who had worked oversees and became successful in life.

Stock Holder % Stock Owned Equivalent Value of Stock Owned (Millions)

Richard Canlas 20 20
Donna Della 14 14
Gerald DeGuzman 12 12
Giverni David 11 11
Veronica DeGuzman 10 10
Edison Cabanting 10 10
Judith Del Pilar 9 9
Lynne Faith Duran 8 8
Angela Abril 7 7
Raymond Carcabuso 7 7
Wennie Cuevas 6 6
Emily Casi 6 6

Expenditures

Budget for the Construction of the Hospital Premises

- Land Php 9,000,000

o Land Area: 1,800 sq.m or 0.18 Ha
o Php 5,000 per sq.m
- Building Php 5,490,000
o Mechanical: Php 2,700,000. (Php 1,500 per square meter courtesy of Top-Notch Construction)
o Electrical: Php 900,000. (Php 500 per square meter courtesy of RPV Electro Technology)
o Architectural: Php 900,000. (Php 500 per square meter courtesy of ARKI-TEKI group of company)
 All STARS Budgeting PLAN

o Plumbing: Php 720,000. (PhP 400 per square meter courtesy of Dillbert International Warehouse Logistics)
o Others: Paints Php 270,000. (Php 150 per square courtesy of Bel- Air Construction)
- Furniture & Fixtures Php 5,000,000
o Php 5,000,000 of furniture by Far East Marketing Corporation and Anand Surgical Industries
- Equipments Php 10,000,000
o Php 5,000,000 worth of Medical Equipments by Bio-Med Incorporation
o Php 5,000,000 worth of Surgical Equipments by Technomed Instruments And Equipments Sales Private Limited

Operating Expenses Php 30,000,000

Benefits & Insurances Php 20,000,000

Medical-Surgical Supplies Php 1,000,000

Office Supplies Php 800,000

Services Offered Php 700,000

Drugs and Pharmaceutical Php 2,000,000

Repairs and maintenance Php 4,500,000

Educational materials Php 200,000

Legal fees Php 200,000

Recreational activities Php 100,000

Continuing Education& Research & Development Php 500,000

Personnel Budget Php 20,000,000

 All STARS Budgeting PLAN

- Personnel Salaries and Wages Php 10,000,000

- Administrative Php10,000,000

Depreciation Php 10,245,000

Assuming 50 years useful life of buildings, furnitures & fixtures and equipment

- Building Php 2,745,000

- Furnitures & Fixtures Php 2,500,000
- Equipment Php 5,000,000

Capital Expenditure Budget Php 5,265,000

Cash budget Php 5,000,000

Revenues

Population of Ternate, Cavite: 20,457 No of Hospital within Ternate, Cavite : 5 (excluding Elite Hospital)

Average Length of Stay:

 1-2 Days on Medical Patients

 5- 14 Days on Major Surgical Patients

 3-5 Days on Minor Surgical Patients

 2-6 Hours on Emergency Room

 All STARS Budgeting PLAN

Percentage of Bed Occupancy: 60-75% Daily

Number of In-Patient per Day: 48 patient * 800 (standard Room Rate)*365 (days in a year) = Php 14,016,000

Number of Admission per Day: 60 Patient * 250 (Admission Fee)* 365 (days in a year) = Php 5,475,000

Number of OPD Consultation per Day: 150 Patient * 500(Consultation Fee)* 365 (days in a year) = Php 27,375,000

Number of Delivery per Day: 2 Patient*25,000(Estimated Delivery Fee)* 365 (days in a year) =Php 18, 250,000

Balance Sheet: 1 year after the Opening of Hospital.

Estimated Annual Revenue: Php 65,116,000

(-) Operating Expenses + Personnel Budget Php 50,000,000

Estimated Fund Balance Php 10,000,000 (to be deducted from Initial Investment)

Interpretation: From this we can predict that the Initial Investment will be paid off, after the tenth year of Elite hospital.