Cutie PIE

STATEMENT OF FINANCIAL POSITION

For the years projected 2017, 2018 and 2019

2017 2018 2019

ASSETS
Cash 268,728.30 459,001.01 692,228.72
Inventories 63,487.68 104,439.71 121,205.58
Current Assets 332,215.98 563,440.72 813,434.30

Property, plant and equipment, net 32,130.00 28,020.00 23,910.00

Security Deposit 20,000.00 20,000.00 20,000.00
Non-current Assets 52,130.00 48,020.00 43,910.00
Total Assets 384,345.98 611,460.72 857,344.30

LIABILITIES AND EQUITY

Accounts Payable - - -

Partner 1, Equity 54,906.57 87,351.53 122,477.76

Partner 2, Equity 54,906.57 87,351.53 122,477.76
Partner 3, Equity 54,906.57 87,351.53 122,477.76
Partner 4, Equity 54,906.57 87,351.53 122,477.76
Partner 5, Equity 54,906.57 87,351.53 122,477.76
Partner 6, Equity 54,906.57 87,351.53 122,477.76
Partner 7, Equity 54,906.57 87,351.53 122,477.76

Total Liabiities and Equity 384,345.98 611,460.72 857,344.30

 Cutie PIE
STATEMENT OF FINANCIAL PERFORMANCE
For the years projected 2017, 2018 and 2019

2017 2018 2019 Note

Sales 1,641,600.00 1,723,680.00 1,809,864.00 1

Cost of Goods Sold 1,206,265.92 1,262,961.97 1,322,333.34 2

Gross Profit 435,334.08 460,718.03 487,530.66

Operating Expenses 36,268.40 36,268.40 36,268.40 3

Operating Income 399,065.68 424,449.63 451,262.26

Tax (30%) 119,719.70 127,334.89 135,378.68

Net Income 279,345.98 297,114.74 315,883.58

Sales 100% 100% 100%

Cost of Goods Sold 73% 73% 73%
Gross Profit Margin 27% 27% 27%
Net Income Margin 17% 17% 17%

Break-even Analysis

Sales 1,641,600.00 1,723,680.00 1,809,864.00

Variable Costs 1,081,746.00 1,135,833.30 1,192,624.97

Contribution Margin 559,854.00 587,846.70 617,239.04

Fixed Costs 167,342.00 167,342.00 167,342.00

Net Income 392,512.00 420,504.70 449,897.04

Contribution Margin per Unit 5.46 5.46 5.46

Break-even Point (Units) 30,667.44 30,667.44 30,667.44

Break-even Point (Peso) 490,679.05 490,679.05 490,679.05

SUPPORTING SCHEDULES

Cost per unit 2017 2018 2019

Ingredients (variable) 7.71 7.71 7.71

Overhead (fixed) 131,073.60 131,073.60 131,073.60

Produced in units per year 108,000.00 111,240.00 114,577.20

1.21 1.18 1.14

Packaging (per 6 pcs) - variable 17.00 17.00 17.00

Pc per box 6.00 6.00 6.00

2.83 2.83 2.83

Total cost per unit 11.76 11.72 11.69

NOTE 1
Schedule of Projected Sales 2017 2018 2019

Units Produced 108,000.00 111,240.00 114,577.20

Units Sold 2017 inventory 102,600.00 5,400.00

2018 inventory 102,330.00 8,910.00

2019 inventory 104,206.50

Units Sold Total 102,600.00 107,730.00 113,116.50

Selling Price per unit 16 16 16

Sales 1,641,600.00 1,723,680.00 1,809,864.00

NOTE 2
Schedule of Projected COGS

Units Produced 108,000.00 111,240.00 114,577.20

Units Sold 2017 inventory 102,600.00 5,400.00 -

2018 inventory 102,330.00 8,910.00

2019 inventory 104,206.50 10,370.70

Units Sold Total 102,600.00 107,730.00 113,116.50

COGS 1,206,265.92 1,262,961.97 1,322,333.34

Schedule of Inventory

Beginning Balance - 5,400.00 8,910.00

Units Produced 108,000.00 111,240.00 114,577.20

Units Sold 102,600.00 107,730.00 113,116.50

Ending Balance 5,400.00 8,910.00 10,370.70

Inventory 63,487.68 104,439.71 121,205.58

NOTE 3
Schedule of Operating Expense

Rent 24,000.00 24,000.00 24,000.00

Utilities 7,946.40 7,946.40 7,946.40

Depreciation 822.00 822.00 822.00

Permits and Licenses 3,500.00 3,500.00 3,500.00

Total 36,268.40 36,268.40 36,268.40

100%

Rent 120,000.00 120,000.00 120,000.00

Utilities 39,732.00 39,732.00 39,732.00

Depreciation 4,110.00 4,110.00 4,110.00

 Cutie PIE
STATEMENT OF CASH FLOWS
For the years projected 2017, 2018 and 2019

2017 2018 2019

Operating Activities
Net Income 279,345.98 297,114.74 315,883.58
Add depreciation 4,110.00 4,110.00 4,110.00

Changes in Working Capital

Increase in inventory (less) 63,487.68 40,952.03 16,765.87

Net cash flow from Operating Activities 219,968.30 260,272.71 303,227.71

Investing Activities
Acquisition of Utensils + Equipments 36,240.00 - -
Net cash flow from Investing Activities (36,240.00) - -

Financing Activities
Payment of security deposit 20,000.00 - -
Partners' Permanent Withdrawal 70,000.00 70,000.00 70,000.00
Net cash flow from Financing Activities (90,000.00) (70,000.00) (70,000.00)
Net cash flow 93,728.30 190,272.71 233,227.71
Beginning Cash balance 175,000.00 268,728.30 459,001.01
Ending Cash balance 268,728.30 459,001.01 692,228.72
 Cutie Pie
Projected Statements of Changes in Partners' Equity
For the years projected 2017, 2018 and 2019

2017 2018 2019

Casas, Beginning 25,000.00 54,906.57 87,351.53

Add: Net Income (Loss) 39,906.57 42,444.96 45,126.23
Total 64,906.57 # 97,351.53 # 132,477.76
Less: Withdrawal 10,000.00 10,000.00 10,000.00
Casas, Ending 54,906.57 # 87,351.53 # 122,477.76

Calderon,Beg. 25,000.00 54,906.57 87,351.53

Add: Net Income (Loss) 39,906.57 42,444.96 45,126.23
Total 64,906.57 # 97,351.53 # 132,477.76
Less: Withdrawal 10,000.00 10,000.00 10,000.00
Calderon, Ending 54,906.57 # 87,351.53 # 122,477.76

Manalese, Beg. 25,000.00 54,906.57 87,351.53

Add: Net Income (Loss) 39,906.57 42,444.96 45,126.23
Total 64,906.57 # 97,351.53 # 132,477.76
Less: Withdrawal 10,000.00 10,000.00 10,000.00
Manalese, Ending 54,906.57 # 87,351.53 # 122,477.76

Hoyo-a, Beg. 25,000.00 54,906.57 87,351.53

Add: Net Income (Loss) 39,906.57 42,444.96 45,126.23
Total 64,906.57 # 97,351.53 # 132,477.76
Less: Withdrawal 10,000.00 10,000.00 10,000.00
Hoyo-a, Ending 54,906.57 # 87,351.53 # 122,477.76
Ricabo, Beg.
25,000.00 54,906.57 87,351.53
Add: Net Income (Loss) 39,906.57 42,444.96 45,126.23
Total 64,906.57 # 97,351.53 # 132,477.76
Less: Withdrawal 10,000.00 10,000.00 10,000.00
Ricabo, Ending 54,906.57 # 87,351.53 # 122,477.76

Juat, Beg. 25,000.00 54,906.57 87,351.53

Add: Net Income (Loss) 39,906.57 42,444.96 45,126.23
Total 64,906.57 # 97,351.53 # 132,477.76
Less: Withdrawal 10,000.00 10,000.00 10,000.00
Juat, Ending 54,906.57 # 87,351.53 # 122,477.76

Uy, Beg. 25,000.00 54,906.57 87,351.53

Add: Net Income (Loss) 39,906.57 42,444.96 45,126.23
Total 64,906.57 # 97,351.53 # 132,477.76
Less: Withdrawal 10,000.00 10,000.00 10,000.00
Uy, Ending 54,906.57 # 87,351.53 # 122,477.76

TOTAL PARTNERS' EQUITY 384,345.98 # 611,460.72 # 857,344.30 #