FINANCIAL PLAN

See Thru Café

Statement of Financial Performane
For 5 years projection
in PHP

Note 2019 2020 2021 2022 2023

Sales 1 13,593,600.00 13,960,800.00 14,194,800.00 14,500,800.00 14,817,600.00
Cost of Sales 2 5,764,969.18 5,863,101.76 6,281,790.90 6,388,286.30 6,796,759.47
Gross Profit 7,828,630.82 8,097,698.24 7,913,009.10 8,112,513.70 8,020,840.53

Selling Expenses
Dining Supplies Expenses 6 4,000.00 4,285.00 3,803.00 3,293.00 2,465.00
Advertising/Marketing Expenses 10 11,500.00 11,500.00 11,500.00 11,500.00 11,500.00
15,500.00 15,785.00 15,303.00 14,793.00 13,965.00

Administrative Expenses
Salary Expenses 14 474,923.08 498,669.23 523,602.69 549,782.83 577,271.97
Office Supplies Expenses 5 3,133.50 3,133.50 3,133.50 3,133.50 3,133.50
SSS,PHIC,HDMF Employer's Share 16 159,180.00 160,290.00 186,720.00 187,980.00 215,700.00
Water Expenses 11 16,200.00 16,848.00 17,521.92 18,222.80 18,951.71
Power Expenses 12 30,777.41 31,392.96 32,020.82 32,661.23 33,314.46
Internet/Telephone Expenses 9 18,000.00 18,000.00 18,000.00 18,000.00 18,000.00
Depreciation Expenses 4 84,570.28 84,570.28 84,570.28 84,570.28 84,570.28
Permit and Licenses 3 39,360.00 9,960.00 9,960.00 9,960.00 9,960.00
Maintenance Supplies Expenses 7 30,153.00 51,176.00 59,090.00 85,585.00 118,035.00
Leasehold-rights 8 300,000.00 300,000.00 300,000.00 300,000.00 300,000.00
1,156,297.26 1,174,039.97 1,234,619.21 1,289,895.63 1,378,936.91

Net Income before Tax 6,656,833.56 6,907,873.27 6,663,086.90 6,807,825.07 6,627,938.62

Income Tax (RCIT - 30%) 1,997,050.07 2,072,361.98 1,998,926.07 2,042,347.52 1,988,381.59

Net Income after Tax 4,659,783.49 4,835,511.29 4,664,160.83 4,765,477.55 4,639,557.03

 COST OF INVESTMENT
Note
PPE Building and Land Improvements 4 Php 978,517.40
PPE Electronics Equipment 4 73,040.00
PPE Furniture and Fixtures 4 89,015.00
PPE Kitchen Equipment's 4 104,848.00
Inventory Purchases Inventory - Dining 6 2,513.00
Inventory Purchases Inventory - Maintenance 7 14,299.00
Inventory Purchases Inventory - Office 5 3,133.50
Expenses Kitchen Tools 2.2 6,450.00
Inventory Purchases Kitchen Supplies 2.2 2,146.50
TOTAL CAPITALIZABLE COST Php 1,273,962.40

Business Permit and Licenses 3 Php 39,360.00

Inventory - Groceries/Market 2.1 11,921.00
TOTAL ORGANIZATIONAL COST Php 51,281.00

Total Investment Cost Php 1,325,243.40

Initial Cash Investment 1,500,000.00
Cash Beginning Balance, January 1, 2018 Php 174,756.60
 See Thru Café
Statement of Financial Position
For 5 years projection
in PHP

Note 2019 2020 2021 2022 2023

Cash 5,558,891.61 8,088,324.21 10,486,522.70 12,945,583.59 15,334,582.73
Inventories - Groceries/Market 2.1 11,921.00 11,921.00 11,921.00 11,921.00 11,921.00
Inventories - Dining Supplies 6 1,026.00 1,601.00 2,941.00 3,356.00 4,599.00
Inventories - Maintenance 7 14,766.00 17,380.00 41,460.00 71,725.00 97,871.00
Inventories - Kitchen Supplies 2.2 141.08 150.68 156.21 161.78 167.62
Total Current Assets 5,586,745.69 8,119,376.89 10,543,000.90 13,032,747.37 15,449,141.35

PPE - Building and Land Improvement 4 978,517.40 978,517.40 978,517.40 978,517.40 978,517.40
PPE - Kitchen Equipment 4 104,848.00 104,848.00 104,848.00 104,848.00 104,848.00
PPE - Electronic Equipment 4 73,040.00 73,040.00 73,040.00 73,040.00 73,040.00
PPE - Furniture and Fixtures 4 89,015.00 89,015.00 89,015.00 89,015.00 89,015.00
Accumulated Depreciation - Land Improvement 4 65,234.49 130,468.99 195,703.48 260,937.97 326,172.47
Accumulated Depreciation - Kitchen Equipment 4 10,484.80 20,969.60 31,454.40 41,939.20 52,424.00
Accumulated Depreciation - Electronic Equipment 4 10,434.29 20,868.57 31,302.86 41,737.14 52,171.43
Accumulated Depreciation - Furniture and Fixtures 4 8,901.50 17,803.00 26,704.50 35,606.00 44,507.50
Total Non-current Assets 1,150,365.32 1,055,310.24 960,255.16 865,200.08 770,145.00

TOTAL ASSETS 6,737,111.01 9,174,687.13 11,503,256.07 13,897,947.45 16,219,286.35

Accounts Payable - - - - -
Taxes Payable 3 499,262.52 518,090.50 499,731.52 510,586.88 497,095.40
Accrued Payable 16 13,265.00 13,357.50 15,560.00 15,665.00 17,975.00
Salaries Payable 15 64,800.00 65,700.00 78,345.00 79,337.25 92,079.11
Total Current Liabilities 577,327.52 597,148.00 593,636.52 605,589.13 607,149.51

Galicia, Capital 1,539,945.87 2,144,384.78 2,727,404.89 3,323,089.58 3,903,034.21

Gloria, Capital 1,539,945.87 2,144,384.78 2,727,404.89 3,323,089.58 3,903,034.21
Quidilig, Capital 1,539,945.87 2,144,384.78 2,727,404.89 3,323,089.58 3,903,034.21
Madayag, Capital 1,539,945.87 2,144,384.78 2,727,404.89 3,323,089.58 3,903,034.21
Total Partner 6,159,783.49 8,577,539.14 10,909,619.55 13,292,358.32 15,612,136.84

TOTAL LIABILITIES AND PARTNER'S CAPITAL 6,737,111.01 9,174,687.13 11,503,256.07 13,897,947.45 16,219,286.35
 Financial Analysis

2019 2020 2021 2022 2023 2019 2020 2021 2022 2023

Return on Net Income 4,659,783.49 4,835,511.29 4,664,160.83 4,765,477.55 4,639,557.03 76% 66% 48% 39% 32%
Equity Average Total Equity 6,159,783.49 7,368,661.31 9,743,579.34 12,100,988.94 14,452,247.58

Return on Net Income 4,659,783.49 4,835,511.29 4,664,160.83 4,765,477.55 4,639,557.03 69% 61% 45% 38% 31%
Assets Average Total Assets 6,737,111.01 7,955,899.07 10,338,971.60 12,700,601.76 15,058,616.90

Gross Gross Profit 7,828,630.82 8,097,698.24 7,913,009.10 8,112,513.70 8,020,840.53 58% 58% 56% 56% 54%
Margin Net Sales 13,593,600.00 13,960,800.00 14,194,800.00 14,500,800.00 14,817,600.00

Profit Net Profit before Tax 6,656,833.56 6,907,873.27 6,663,086.90 6,807,825.07 6,627,938.62 49% 49% 47% 47% 45%
Margin Net Sales 13,593,600.00 13,960,800.00 14,194,800.00 14,500,800.00 14,817,600.00

Payback Total Investment 1,273,962.40 0.270314

Period Average Annual Cash Flow 4,712,898.04
 Projected Sales
Unit Unit Unit Unit Unit
Menu Price Qty 2019 Price Qty 2020 Price Qty 2021 Price Qty 2022 Price Qty 2023

COFFEE
Espresso 40 20 288,000 40 20 288,000 40 21 302,400 40 21 302,400 40 21 302,400
Espresso Dopio 80 20 576,000 80 20 576,000 80 21 604,800 80 21 604,800 80 21 604,800
Espresso Con Pana 50 20 360,000 50 20 360,000 50 21 378,000 50 21 378,000 50 21 378,000
Flat White 80 20 576,000 80 20 576,000 80 20 576,000 80 21 604,800 80 21 604,800
Café Mocha 100 20 720,000 100 20 720,000 100 20 720,000 100 20 720,000 100 21 756,000
Café Late 70 20 504,000 70 20 504,000 70 20 504,000 70 21 529,200 70 21 529,200
Cappucinno 100 20 720,000 100 20 720,000 100 20 720,000 100 20 720,000 100 21 756,000
FRAPPE
Mississippi Mud Pie 150 19 1,026,000 150 20 1,080,000 150 20 1,080,000 150 20 1,080,000 150 21 1,134,000
White Chocolate 160 19 1,094,400 160 20 1,152,000 160 20 1,152,000 160 20 1,152,000 160 21 1,209,600
Caramel Apple Frappe 170 19 1,162,800 170 20 1,224,000 170 20 1,224,000 170 21 1,285,200 170 21 1,285,200
Banana Split 170 19 1,162,800 170 20 1,224,000 170 20 1,224,000 170 20 1,224,000 170 21 1,285,200
Affagato 200 19 1,368,000 200 20 1,440,000 200 20 1,440,000 200 20 1,440,000 200 21 1,512,000
PANCAKES
Chocolate Pancake 60 19 410,400 60 20 432,000 60 20 432,000 60 21 453,600 60 21 453,600
Strawberry Pancake 60 19 410,400 60 20 432,000 60 20 432,000 60 21 453,600 60 21 453,600
Original Pancake 50 19 342,000 50 20 360,000 50 20 360,000 50 21 378,000 50 21 378,000
WAFFLES 21
Waffles 50 19 342,000 50 19 342,000 50 20 360,000 50 21 378,000 50 21 378,000
Matcha Waffles 60 19 410,400 60 19 410,400 60 20 432,000 60 21 453,600 60 21 453,600
Chocolate Waffles 70 19 478,800 70 19 478,800 70 20 504,000 70 21 529,200 70 21 529,200
BREADS
Monay 30 19 205,200 30 19 205,200 30 21 226,800 30 21 226,800 30 21 226,800
Banana Bread 30 19 205,200 30 19 205,200 30 21 226,800 30 21 226,800 30 21 226,800
Ensaymada 40 19 273,600 40 19 273,600 40 20 288,000 40 21 302,400 40 21 302,400
Egg Pandesal 40 19 273,600 40 19 273,600 40 20 288,000 40 21 302,400 40 21 302,400
Hotdog Pandesal 50 19 342,000 50 19 342,000 50 20 360,000 50 21 378,000 50 21 378,000
Longganisa Pandesal 50 19 342,000 50 19 342,000 50 20 360,000 50 21 378,000 50 21 378,000
TOTAL 13,593,600 13,960,800 14,194,800 14,500,800 14,817,600

Cost of Goods Sold See Thru Café

Statement of Cost Of Goods Sold
 5 years projection

Note 2019 2020 2021 2022 2023

Beginning Inventory
Inventorie 2.1 11,921.00 11,921.00 11,921.00 11,921.00 11,921.00
Add: Purchases
Inventorie 2.1 4,351,165.00 4,446,455.51 4,543,832.89 4,643,342.83 4,745,032.04
Less: Spoilage
Inventorie 2.1
Goods available for use 4,363,086.00 4,458,376.51 4,555,753.89 4,655,263.83 4,756,953.04
Les: Ending Inventory
Inventorie 2.1 11,921.00 11,921.00 11,921.00 11,921.00 11,921.00
1 Goods Used 4,351,165.00 4,446,455.51 4,543,832.89 4,643,342.83 4,745,032.04
2 Direct Labor 14 1,277,570.00 1,283,030.00 1,601,187.50 1,604,925.00 1,908,360.00

Water 11 37,800.00 39,312.00 40,884.48 42,519.86 44,220.65

Power 12 71,813.95 73,250.23 74,715.24 76,209.54 77,733.73
Gas 13 7,680.00 7,680.00 7,680.00 7,680.00 7,680.00
Kitchen Tools 2.2 6,450.00 645.00 645.00 645.00 645.00
Kitchen Supplies 2.2 2,005.43 2,244.22 2,360.99 2,479.27 2,603.24
Kitchen Equipment Depreciation 4 10,484.80 10,484.80 10,484.80 10,484.80 10,484.80
3 Overhead Cost 136,234.18 133,616.25 136,770.51 140,018.47 143,367.43

Cost of Sales 5,764,969.18 5,863,101.76 6,281,790.90 6,388,286.30 6,796,759.47

Schedule of Inventory - Groceries/Market

 2019 ** Purchases (Inventory x 360)
Beginning Inventory Purchases Used
Unit of Unit Unit Unit
Item Measure Qty Price Total Qty Price Total Qty Price Total
Perishables
Egg pcs 78 5 390.00 28,470 5 142,350.00 28,470 5 142,350.00
Hotdog pack(20pcs) 1 120 120.00 365 120 43,800.00 365 120 43,800.00
Longganisa pack(20pcs) 1 130 130.00 365 130 47,450.00 365 130 47,450.00
Banana kg(50pcs) 1 150 150.00 365 150 54,750.00 365 150 54,750.00
Milk L 23 75 1,725.00 8,395 75 629,625.00 8,395 75 629,625.00
Vanilla ice cream kg 9 175 1,575.00 3,285 175 574,875.00 3,285 175 574,875.00
Condensed milk can(900ml) 1 159 159.00 365 159 58,035.00 365 159 58,035.00
Non-Perishables
Pancake Mixture kg 6 54 324.00 2,190 54 118,260.00 2,190 54 118,260.00
Bisquick Waffles kg 9 60 540.00 3,285 60 197,100.00 3,285 60 197,100.00
Butter Bar(116.8g) 1 98 98.00 365 98 35,770.00 365 98 35,770.00
Strawberry syrup Bottle(600ml) 1 130 130.00 365 130 47,450.00 365 130 47,450.00
Chocolate syrup Bottle(800ml) 1 130 130.00 365 130 47,450.00 365 130 47,450.00
Vegetable oil l 3 79 237.00 1,095 79 86,505.00 1,095 79 86,505.00
Matcha syrup Bottle(250ml) 1 135 135.00 365 135 49,275.00 365 135 49,275.00
Salt pack(60g) 1 10 10.00 365 10 3,650.00 365 10 3,650.00
Water l 8 35 280.00 2,920 35 102,200.00 2,920 35 102,200.00
Chocolate chips kg 1 55 55.00 365 55 20,075.00 365 55 20,075.00
Caramel syrup bottle(50ml) 1 160 160.00 365 160 58,400.00 365 160 58,400.00
Apple juice Bottle(450ml) 1 350 350.00 365 350 127,750.00 365 350 127,750.00
Vanilla extract Bottle(80ml) 1 39 39.00 365 39 14,235.00 365 39 14,235.00
Hot fudge pack(150g) 1 110 110.00 365 110 40,150.00 365 110 40,150.00
White chocolate pack(100g) 1 110 110.00 365 110 40,150.00 365 110 40,150.00
Sugar pack(300) 1 16 16.00 365 16 5,840.00 365 16 5,840.00
SUPPLIERS
Monay Bread pcs 19 10 190.00 6,935 10 69,350.00 6,935 10 69,350.00
Banana Bread pcs 19 12 228.00 6,935 12 83,220.00 6,935 12 83,220.00
Ensaymada pcs 19 15 285.00 6,935 15 104,025.00 6,935 15 104,025.00
Pandesal pcs 57 5 285.00 20,805 5 104,025.00 20,805 5 104,025.00
Coffee Bean g(1000) 8 495 3,960.00 2,920 495 1,445,400.00 2,920 495 1,445,400.00
TOTAL 11,921.00 4,351,165.00 4,351,165.00

2020 2021
Ending Inventory Purchases Used Ending Inventory Purchas
Unit Unit Unit Unit Unit
Qty Total Qty Total Qty Total Qty Total Qty
Price Price Price Price Price

78 5 390.00 29,093 5 145,467.47 29,093 5 145,467.47 78 5 390.00 29,731 5

1 120 120.00 373 120 44,759.22 373 120 44,759.22 1 120 120.00 381 120
1 130 130.00 373 130 48,489.16 373 130 48,489.16 1 130 130.00 381 130
1 150 150.00 373 150 55,949.03 373 150 55,949.03 1 150 150.00 381 150
23 75 1,725.00 8,579 75 643,413.79 8,579 75 643,413.79 23 75 1,725.00 8,767 75
9 175 1,575.00 3,357 175 587,464.76 3,357 175 587,464.76 9 175 1,575.00 3,430 175
1 159 159.00 373 159 59,305.97 373 159 59,305.97 1 159 159.00 381 159

6 54 324.00 2,238 54 120,849.89 2,238 54 120,849.89 6 54 324.00 2,287 54

9 60 540.00 3,357 60 201,416.49 3,357 60 201,416.49 9 60 540.00 3,430 60
1 98 98.00 373 98 36,553.36 373 98 36,553.36 1 98 98.00 381 98
1 130 130.00 373 130 48,489.16 373 130 48,489.16 1 130 130.00 381 130
1 130 130.00 373 130 48,489.16 373 130 48,489.16 1 130 130.00 381 130
3 79 237.00 1,119 79 88,399.46 1,119 79 88,399.46 3 79 237.00 1,143 79
1 135 135.00 373 135 50,354.12 373 135 50,354.12 1 135 135.00 381 135
1 10 10.00 373 10 3,729.94 373 10 3,729.94 1 10 10.00 381 10
8 35 280.00 2,984 35 104,438.18 2,984 35 104,438.18 8 35 280.00 3,049 35
1 55 55.00 373 55 20,514.64 373 55 20,514.64 1 55 55.00 381 55
1 160 160.00 373 160 59,678.96 373 160 59,678.96 1 160 160.00 381 160
1 350 350.00 373 350 130,547.73 373 350 130,547.73 1 350 350.00 381 350
1 39 39.00 373 39 14,546.75 373 39 14,546.75 1 39 39.00 381 39
1 110 110.00 373 110 41,029.29 373 110 41,029.29 1 110 110.00 381 110
1 110 110.00 373 110 41,029.29 373 110 41,029.29 1 110 110.00 381 110
1 16 16.00 373 16 5,967.90 373 16 5,967.90 1 16 16.00 381 16

19 10 190.00 7,087 10 70,868.77 7,087 10 70,868.77 19 10 190.00 7,242 10

19 12 228.00 7,087 12 85,042.52 7,087 12 85,042.52 19 12 228.00 7,242 12
19 15 285.00 7,087 15 106,303.15 7,087 15 106,303.15 19 15 285.00 7,242 15
57 5 285.00 21,261 5 106,303.15 21,261 5 106,303.15 57 5 285.00 21,726 5
8 495 3,960.00 2,984 495 1,477,054.26 2,984 495 1,477,054.26 8 495 3,960.00 3,049 495
11,921.00 4,446,455.51 4,446,455.51 11,921.00
 2022
es Used Ending Inventory Purchases Used
Unit Unit Unit Unit
Total Qty Total Qty Total Qty Total Qty Total
Price Price Price Price

148,653.20 29,731 5 148,653.20 78 5 390.00 30,382 5 151,908.71 30,382 5 151,908.71

45,739.45 381 120 45,739.45 1 120 120.00 390 120 46,741.14 390 120 46,741.14
49,551.07 381 130 49,551.07 1 130 130.00 390 130 50,636.24 390 130 50,636.24
57,174.31 381 150 57,174.31 1 150 150.00 390 150 58,426.43 390 150 58,426.43
657,504.55 8,767 75 657,504.55 23 75 1,725.00 8,959 75 671,903.90 8,959 75 671,903.90
600,330.24 3,430 175 600,330.24 9 175 1,575.00 3,506 175 613,477.47 3,506 175 613,477.47
60,604.77 381 159 60,604.77 1 159 159.00 390 159 61,932.01 390 159 61,932.01

123,496.51 2,287 54 123,496.51 6 54 324.00 2,337 54 126,201.08 2,337 54 126,201.08

205,827.51 3,430 60 205,827.51 9 60 540.00 3,506 60 210,335.13 3,506 60 210,335.13
37,353.88 381 98 37,353.88 1 98 98.00 390 98 38,171.93 390 98 38,171.93
49,551.07 381 130 49,551.07 1 130 130.00 390 130 50,636.24 390 130 50,636.24
49,551.07 381 130 49,551.07 1 130 130.00 390 130 50,636.24 390 130 50,636.24
90,335.41 1,143 79 90,335.41 3 79 237.00 1,169 79 92,313.75 1,169 79 92,313.75
51,456.88 381 135 51,456.88 1 135 135.00 390 135 52,583.78 390 135 52,583.78
3,811.62 381 10 3,811.62 1 10 10.00 390 10 3,895.10 390 10 3,895.10
106,725.38 3,049 35 106,725.38 8 35 280.00 3,116 35 109,062.66 3,116 35 109,062.66
20,963.91 381 55 20,963.91 1 55 55.00 390 55 21,423.02 390 55 21,423.02
60,985.93 381 160 60,985.93 1 160 160.00 390 160 62,321.52 390 160 62,321.52
133,406.72 381 350 133,406.72 1 350 350.00 390 350 136,328.33 390 350 136,328.33
14,865.32 381 39 14,865.32 1 39 39.00 390 39 15,190.87 390 39 15,190.87
41,927.83 381 110 41,927.83 1 110 110.00 390 110 42,846.05 390 110 42,846.05
41,927.83 381 110 41,927.83 1 110 110.00 390 110 42,846.05 390 110 42,846.05
6,098.59 381 16 6,098.59 1 16 16.00 390 16 6,232.15 390 16 6,232.15

72,420.79 7,242 10 72,420.79 19 10 190.00 7,401 10 74,006.81 7,401 10 74,006.81

86,904.95 7,242 12 86,904.95 19 12 228.00 7,401 12 88,808.17 7,401 12 88,808.17
108,631.19 7,242 15 108,631.19 19 15 285.00 7,401 15 111,010.21 7,401 15 111,010.21
108,631.19 21,726 5 108,631.19 57 5 285.00 22,202 5 111,010.21 22,202 5 111,010.21
1,509,401.75 3,049 495 1,509,401.75 8 495 3,960.00 3,116 495 1,542,457.65 3,116 495 1,542,457.65
4,543,832.89 4,543,832.89 11,921.00 4,643,342.83 4,643,342.83
 2023
Ending Inventory Purchases Used Ending Inventory
Unit Unit Unit Unit
Qty Total Qty Total Qty Total Qty Total
Price Price Price Price

78 5 390.00 31,047 5 155,235.51 31,047 5 155,235.51 78 5 390.00

1 120 120.00 398 120 47,764.77 398 120 47,764.77 1 120 120.00
1 130 130.00 398 130 51,745.17 398 130 51,745.17 1 130 130.00
1 150 150.00 398 150 59,705.96 398 150 59,705.96 1 150 150.00
23 75 1,725.00 9,155 75 686,618.59 9,155 75 686,618.59 23 75 1,725.00
9 175 1,575.00 3,582 175 626,912.63 3,582 175 626,912.63 9 175 1,575.00
1 159 159.00 398 159 63,288.32 398 159 63,288.32 1 159 159.00

6 54 324.00 2,388 54 128,964.88 2,388 54 128,964.88 6 54 324.00

9 60 540.00 3,582 60 214,941.47 3,582 60 214,941.47 9 60 540.00
1 98 98.00 398 98 39,007.90 398 98 39,007.90 1 98 98.00
1 130 130.00 398 130 51,745.17 398 130 51,745.17 1 130 130.00
1 130 130.00 398 130 51,745.17 398 130 51,745.17 1 130 130.00
3 79 237.00 1,194 79 94,335.42 1,194 79 94,335.42 3 79 237.00
1 135 135.00 398 135 53,735.37 398 135 53,735.37 1 135 135.00
1 10 10.00 398 10 3,980.40 398 10 3,980.40 1 10 10.00
8 35 280.00 3,184 35 111,451.13 3,184 35 111,451.13 8 35 280.00
1 55 55.00 398 55 21,892.19 398 55 21,892.19 1 55 55.00
1 160 160.00 398 160 63,686.36 398 160 63,686.36 1 160 160.00
1 350 350.00 398 350 139,313.92 398 350 139,313.92 1 350 350.00
1 39 39.00 398 39 15,523.55 398 39 15,523.55 1 39 39.00
1 110 110.00 398 110 43,784.37 398 110 43,784.37 1 110 110.00
1 110 110.00 398 110 43,784.37 398 110 43,784.37 1 110 110.00
1 16 16.00 398 16 6,368.64 398 16 6,368.64 1 16 16.00

19 10 190.00 7,563 10 75,627.56 7,563 10 75,627.56 19 10 190.00

19 12 228.00 7,563 12 90,753.07 7,563 12 90,753.07 19 12 228.00
19 15 285.00 7,563 15 113,441.33 7,563 15 113,441.33 19 15 285.00
57 5 285.00 22,688 5 113,441.33 22,688 5 113,441.33 57 5 285.00
8 495 3,960.00 3,184 495 1,576,237.47 3,184 495 1,576,237.47 8 495 3,960.00
11,921.00 4,745,032.04 4,745,032.04 11,921.00

Schedule of Permit and Licenses

 2019 2020 2021 2022 2023
1 SEC Registration 2,500.00 - - - -
2 Certificate of Registration 5,000.00 500.00 500.00 500.00 500.00
5 Business Plate Sticker 200.00 - - - -
6 Business Plate 1,000.00 - - - -
7 Hazardouz Operation Permit 500.00 500.00 500.00 500.00 500.00
8 Sanitary/ Plumbing Clearance 500.00 500.00 500.00 500.00 500.00
9 Fire & Safety Certificate 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00
10 Fire Safety Inspection Fee 500.00 500.00 500.00 500.00 500.00
11 BIR Registration Fee 500.00 500.00 500.00 500.00 500.00
12 Application for Certificate of Accreditation 4,700.00 - - - -
13 Building & Occupancy Permit 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00
14 Zoning Certificate Fee 150.00 150.00 150.00 150.00 150.00
15 Zoning Inspection Fee 150.00 150.00 150.00 150.00 150.00
16 Computerize Collection Fee 100.00 100.00 100.00 100.00 100.00
17 Computeirze Inspection Fee 10.00 10.00 10.00 10.00 10.00
18 Geographical Information System Fee 50.00 50.00 50.00 50.00 50.00
19 Garbage Fee 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
Application for Authority to Print Receipts & Invoices 500.00
20 - - - -
21 Documentary Stamp 16,000.00 - - - -
TOTAL 39,360.00 9,960.00 9,960.00 9,960.00 9,960.00

Computation of Income Tax 2019 2020 2021 2022 2023

Net Income 6,656,833.56 6,907,873.27 6,663,086.90 6,807,825.07 6,627,938.62
Income Tax (RCIT - 30%) 30% 30% 30% 30% 30%
Income Tax Expense 1,997,050.07 2,072,361.98 1,998,926.07 2,042,347.52 1,988,381.59
Income Tax Payable 499,262.52 518,090.50 499,731.52 510,586.88 497,095.40
Income Tax Paid 1,497,787.55 1,554,271.49 1,499,194.55 1,531,760.64 1,491,286.19
Schedule of Office Supplies
Item Qty Unit Price 2019 2020 2021 2022 2023
Date Stamp 1 Pc 134.75 134.75 134.75 134.75 134.75 134.75
Paper Clip 1 box 95 95.00 95.00 95.00 95.00 95.00
Record Book 3 pcs 56 168.00 168.00 168.00 168.00 168.00
Ballpen 10 Pcs 15.75 157.50 157.50 157.50 157.50 157.50
Push Pins 1 box 12.5 12.50 12.50 12.50 12.50 12.50
Staple 3 box 32 96.00 96.00 96.00 96.00 96.00
Stapler 3 Pcs 250 750.00 750.00 750.00 750.00 750.00
Sticky Note 1 Pack 50 50.00 50.00 50.00 50.00 50.00
Tape Cutter 2 Pcs 172.5 345.00 345.00 345.00 345.00 345.00
Wooden Filing Cabinet 2 Pcs 437 874.00 874.00 874.00 874.00 874.00
Scotch Tape 5 Pcs 16.75 83.75 83.75 83.75 83.75 83.75
Envelope 10 Pcs 2.5 25.00 25.00 25.00 25.00 25.00
Stamp Ink 2 Pcs 50 100.00 100.00 100.00 100.00 100.00
Scissor 2 Pcs 21 42.00 42.00 42.00 42.00 42.00
Folder 10 pcs 7 70.00 70.00 70.00 70.00 70.00
Bond Paper 1 Pack 130 130.00 130.00 130.00 130.00 130.00
TOTAL 3,133.50 3,133.50 3,133.50 3,133.50 3,133.50

Schedule of Dining Supplies 2,513.00 2,513.00 1,026.00 4,000.00

Beginning Inventories Purchases Y1 Ending Inventories Y1 Dining Supplies Used Y1
Cost Cost Cost Cost
per unit per unit per unit per unit
Items Qty Unit price Total Cost Qty Unit price Total Cost Qty Unit price Total Cost Qty Unit price Total Cost
1 Tissue(6pcs) 6 pack 88.00 528.00 6 pack 88.00 528.00 2 pack 88.00 176.00 10 pack 88.00 880.00
2 Take Out Box (250pcs) 5 pack 65.00 325.00 5 pack 65.00 325.00 2 pack 65.00 130.00 8 pack 65.00 520.00
3 Paper Bag (100pcs) 5 pack 50.00 250.00 5 pack 50.00 250.00 2 pack 50.00 100.00 8 pack 50.00 400.00
4 Disposable Cup (250pcs) 6 pack 85.00 510.00 6 pack 85.00 510.00 2 pack 85.00 170.00 10 pack 85.00 850.00
5 Personalized Disposable Cup 6 pack 85.00 510.00 6 pack 85.00 510.00 2 pack 85.00 170.00 10 pack 85.00 850.00
6 Straw (100pcs) 3 pack 45.00 135.00 3 pack 45.00 135.00 3 pack 45.00 135.00 3 pack 45.00 135.00
7 Disposable Spoon (500pcs) 3 pack 30.00 90.00 3 pack 30.00 90.00 2 pack 30.00 60.00 4 pack 30.00 120.00
8 Disposable Fork (500pcs) 3 pack 30.00 90.00 3 pack 30.00 90.00 2 pack 30.00 60.00 4 pack 30.00 120.00
9 Toothpick (50pcs) 3 pack 25.00 75.00 3 pack 25.00 75.00 1 pack 25.00 25.00 5 pack 25.00 125.00
 4,860.00 1,601.00 4,285.00 5,143.00 2,941.00
Purchases Y2 Ending Inventories Y2 Dining Supplies Used Y2 Purchases Y3 Ending Inventories Y3
Cost Cost Cost Cost Cost
per unit per unit per unit per unit per unit
Qty Unit price Total Cost Qty Unit price Total Cost Qty Unit price Total Cost Qty Unit price Total Cost Qty Unit price Total Cost Qty
10 pack 88.00 880.00 2 pack 88.00 176.00 10 pack 88.00 880.00 6 pack 88.00 528.00 2 pack 88.00 176.00 6
10 pack 65.00 650.00 4 pack 65.00 260.00 8 pack 65.00 520.00 12 pack 65.00 780.00 8 pack 65.00 520.00 8
10 pack 50.00 500.00 4 pack 50.00 200.00 8 pack 50.00 400.00 12 pack 50.00 600.00 8 pack 50.00 400.00 8
10 pack 85.00 850.00 2 pack 85.00 170.00 10 pack 85.00 850.00 8 pack 85.00 680.00 1 pack 85.00 85.00 9
10 pack 85.00 850.00 2 pack 85.00 170.00 10 pack 85.00 850.00 8 pack 85.00 680.00 1 pack 85.00 85.00 9
9 pack 45.00 405.00 8 pack 45.00 360.00 4 pack 45.00 180.00 24 pack 45.00 1,080.00 26 pack 45.00 1,170.00 6
10 pack 30.00 300.00 4 pack 30.00 120.00 8 pack 30.00 240.00 12 pack 30.00 360.00 8 pack 30.00 240.00 8
10 pack 30.00 300.00 4 pack 30.00 120.00 8 pack 30.00 240.00 12 pack 30.00 360.00 8 pack 30.00 240.00 8
5 pack 25.00 125.00 1 pack 25.00 25.00 5 pack 25.00 125.00 3 pack 25.00 75.00 1 pack 25.00 25.00 3

3,803.00 3,708.00 3,356.00 3,293.00 3,708.00

Dining Supplies Used Y3 Purchases Y4 Ending Inventories Y4 Dining Supplies Used Y4 Purchases Y5
Cost Cost Cost Cost Cost
per unit per unit per unit per unit per unit
Unit price Total Cost Qty Unit price Total Cost Qty Unit price Total Cost Qty Unit price Total Cost Qty Unit price Total Cost Qty
pack 88.00 528.00 6 pack 88.00 528.00 2 pack 88.00 176.00 6 pack 88.00 528.00 6 pack 88.00 528.00 3
pack 65.00 520.00 6 pack 65.00 390.00 6 pack 65.00 390.00 8 pack 65.00 520.00 6 pack 65.00 390.00 7
pack 50.00 400.00 6 pack 50.00 300.00 6 pack 50.00 300.00 8 pack 50.00 400.00 6 pack 50.00 300.00 7
pack 85.00 765.00 6 pack 85.00 510.00 1 pack 85.00 85.00 6 pack 85.00 510.00 6 pack 85.00 510.00 2
pack 85.00 765.00 6 pack 85.00 510.00 1 pack 85.00 85.00 6 pack 85.00 510.00 6 pack 85.00 510.00 2
pack 45.00 270.00 15 pack 45.00 675.00 35 pack 45.00 1,575.00 6 pack 45.00 270.00 15 pack 45.00 675.00 45
pack 30.00 240.00 12 pack 30.00 360.00 12 pack 30.00 360.00 8 pack 30.00 240.00 12 pack 30.00 360.00 19
pack 30.00 240.00 12 pack 30.00 360.00 12 pack 30.00 360.00 8 pack 30.00 240.00 12 pack 30.00 360.00 19
pack 25.00 75.00 3 pack 25.00 75.00 1 pack 25.00 25.00 3 pack 25.00 75.00 3 pack 25.00 75.00 1

Schedule of Water Expenses

 101-300 Consumpti Consumption Consumpti
Month cu.mm 2019 2020 2021
on cu.m cu.m on cu.m
rate
1 January 30 150 4,500.00 156 4,680.00 162.2 4,867.20
2 February 30 100 3,000.00 104 3,120.00 108.2 3,244.80
3 March 30 150 4,500.00 156 4,680.00 162.2 4,867.20
4 April 30 150 4,500.00 156 4,680.00 162.2 4,867.20
5 May 30 100 3,000.00 104 3,120.00 108.2 3,244.80
6 June 30 200 6,000.00 208 6,240.00 216.3 6,489.60
7 July 30 250 7,500.00 260 7,800.00 270.4 8,112.00
8 August 30 100 3,000.00 104 3,120.00 108.2 3,244.80
9 September 30 150 4,500.00 156 4,680.00 162.2 4,867.20
10 October 30 120 3,600.00 125 3,744.00 129.8 3,893.76
11 November 30 130 3,900.00 135 4,056.00 140.6 4,218.24
12 December 30 200 6,000.00 208 6,240.00 216.3 6,489.60
TOTAL 54,000.00 56,160.00 58,406.40

70% COS 37,800.00 39,312.00 40,884.48

30% General and Administrative Expenses 16,200.00 16,848.00 17,521.92
54,000.00 56,160.00 58,406.40

*ASSUMPTION: INCREASE BY 4% EVERY YEAR ON CONSUMPTION

Schedule of Power Expenses

 Total Estimated Total Cost/KWh/ Cost/KWh/
Equipment Total Unit Watts Watts Hour/ Unit KW/Day Day Month
(1.2000)
1 Upright Refrigerator 1 500 500 24 12 14.40 432.00
2 Electric Pancake Maker 1 1,200 1200 12 14.4 17.28 518.40
3 Electric Waffle Maker 1 1,200 1200 12 14.4 17.28 518.40
4 Espresso Machine 1 3000 3000 12 36 43.20 1,296.00
5 Blender 1 250 250 12 3 3.60 108.00
6 Ceiling Exhause Fan 1 200 200 12 2.4 2.88 86.40
7 Smart Tablet 3 350 1050 24 25.2 30.24 907.20
8 CCTV Camera 5 60 300 24 7.2 8.64 259.20
9 Printer 1 50 50 10 0.5 0.60 18.00
10 Air Conditioner 3 3250 9750 12 117 140.40 4,212.00
11 Wifi 1 120 120 24 2.88 3.46 103.68
12 Computer 1 250 250 10 2.5 3.00 90.00
TOTAL 284.98 8,549.28

70% COS
30% General and Administrative Expenses

Gas Expense
Qty Price 2019 2020 2021 2022 2023
Gas (11kg) 1 640 7680 7680 7680 7680 7680
TOTAL 38,400

Note 14 **- consider atleast a 5% increase every year on the salary of manager and finance officer
Salaries Expense **- consider also the possibility on the increase of minimum wage every 2 years
Employe 2020 2021 2022 2023 2024
indirect Labor
1 Manager 192,000.00 201,600.00 211,680.00 222,264.00 233,377.20
2 Finance Of 240,000.00 252,000.00 264,600.00 277,830.00 291,721.50
Direct Labor
3 Barista 1 124,800.00 124,800.00 156,000.00 156,000.00 187,200.00
4 Barista 2 124,800.00 124,800.00 156,000.00 156,000.00 187,200.00
5 Barista 3 124,800.00 124,800.00 156,000.00 156,000.00 187,200.00
6 Barista 4 124,800.00 124,800.00 156,000.00 156,000.00 187,200.00
7 Barista 5 124,800.00 124,800.00 156,000.00 156,000.00 187,200.00
8 Barista 6 124,800.00 124,800.00 156,000.00 156,000.00 187,200.00
9 Kitchen 1 124,800.00 124,800.00 156,000.00 156,000.00 187,200.00
10 Kitchen 2 124,800.00 124,800.00 156,000.00 156,000.00 187,200.00
11 Kitchen 3 124,800.00 124,800.00 156,000.00 156,000.00 187,200.00
Total ########## ########## 1,880,280.00 1,904,094.00 2,209,898.70

Employee Benefits 2020 2021 2022 2023 2024

Legal Holiday
New Year’s Day (Jan. 1 2,400.00 3,600.00 4,500.00 4,500.00 3,600.00
Araw ng Kagitingan (A 3,600.00 3,600.00 4,500.00 4,500.00 5,400.00
Maundy Thursday 3,600.00 3,600.00 4,500.00 4,500.00 5,400.00
Good Friday 3,600.00 3,600.00 4,500.00 4,500.00 5,400.00
Labor Day (May 1) 2,400.00 3,600.00 4,500.00 4,500.00 3,600.00
Independence Day (Ju 3,600.00 3,600.00 4,500.00 4,500.00 3,600.00
National Heroes Day ( 2,400.00 3,600.00 4,500.00 4,500.00 3,600.00
Bonifacio Day (Nov. 30 2,400.00 2,400.00 3,000.00 4,500.00 5,400.00
Christmas Day (Dec. 2 3,600.00 3,600.00 4,500.00 4,500.00 3,600.00
Rizal Day (Dec. 30) 3,600.00 3,600.00 3,000.00 4,500.00 3,600.00
Special Holiday
Chinese New Year (Fe 720.00 1,080.00 1,350.00 1,350.00 1,080.00
EDSA People Power Re 720.00 1,080.00 1,350.00 1,350.00 1,080.00
Black Saturday (April 2 1,080.00 1,080.00 1,350.00 1,350.00 1,080.00
Ninoy Aquino Day (Au 1,080.00 1,080.00 1,350.00 1,350.00 720.00
All Saints’ Day (Novem 1,080.00 1,080.00 900.00 900.00 1,080.00
All Soul’s Day (Novem 720.00 1,080.00 900.00 1,350.00 1,080.00
Feast of the Immacula 720.00 1,080.00 1,350.00 1,350.00 1,080.00
Christmas Feast (Dece 1,080.00 1,080.00 1,350.00 1,350.00 720.00
Last Day of the Year (D 1,080.00 1,080.00 1,350.00 1,350.00 720.00
Total 39,480.00 44,520.00 53,250.00 56,700.00 51,840.00

13th Mont 2020 2021 2022 2023 2024

Annual Sal 1,555,200.00 1,576,800.00 1,880,280.00 1,904,094.00 2,209,898.70
Employee 39,480.00 44,520.00 53,250.00 56,700.00 51,840.00
13th Mont 132,890.00 135,110.00 161,127.50 163,399.50 188,478.23

Incentives 2020 2021 2022 2023 2024

Manager 3,076.92 3,230.77 3,392.31 3,561.92 3,740.02
Finance Of 3,846.15 4,038.46 4,240.38 4,452.40 4,675.02

Barista 1 2,000.00 2,000.00 2,500.00 2,500.00 3,000.00

Barista 2 2,000.00 2,000.00 2,500.00 2,500.00 3,000.00
Barista 3 2,000.00 2,000.00 2,500.00 2,500.00 3,000.00
Barista 4 2,000.00 2,000.00 2,500.00 2,500.00 3,000.00
Barista 5 2,000.00 2,000.00 2,500.00 2,500.00 3,000.00
Barista 6 2,000.00 2,000.00 2,500.00 2,500.00 3,000.00
Kitchen 1 2,000.00 2,000.00 2,500.00 2,500.00 3,000.00
Kitchen 2 2,000.00 2,000.00 2,500.00 2,500.00 3,000.00
Kitchen 3 2,000.00 2,000.00 2,500.00 2,500.00 3,000.00
TOTAL 24,923.08 25,269.23 30,132.69 30,514.33 35,415.04
 2020 2021 2022 2023 2024
Total Empl 197,293.08 204,899.23 244,510.19 250,613.83 275,733.27

2020 2021 2022 2023 2024

Indirect Labor
Salari 432,000.00 453,600.00 476,280.00 500,094.00 525,098.70
13th 36,000.00 37,800.00 39,690.00 41,674.50 43,758.23
Incent 6,923.08 7,269.23 7,632.69 8,014.33 8,415.04
Total 474,923.08 498,669.23 523,602.69 549,782.83 577,271.97

Direct Labor
Salari 1,123,200.00 1,123,200.00 1,404,000.00 1,404,000.00 1,684,800.00
Holid 39,480.00 44,520.00 53,250.00 56,700.00 51,840.00
13th 96,890.00 97,310.00 121,437.50 121,725.00 144,720.00
Incent 18,000.00 18,000.00 22,500.00 22,500.00 27,000.00
Total 1,277,570.00 1,283,030.00 1,601,187.50 1,604,925.00 1,908,360.00
Salaries Expense Rate per Hour No. of hrs Daily Pay Monthly Pay Annual Pay
1 Manager FIXED SALARY 16,000.00 192,000.00
2 Finance Officer FIXED SALARY 20,000.00 240,000.00
3 Barista 1 50.00 8 400.00 10,400.00 124,800.00
4 Barista 2 50.00 8 400.00 10,400.00 124,800.00
5 Barista 3 50.00 8 400.00 10,400.00 124,800.00
6 Barista 4 50.00 8 400.00 10,400.00 124,800.00
7 Barista 5 50.00 8 400.00 10,400.00 124,800.00
8 Barista 6 50.00 8 400.00 10,400.00 124,800.00
9 Kitchen 1 50.00 8 400.00 10,400.00 124,800.00
10 Kitchen 2 50.00 8 400.00 10,400.00 124,800.00
11 Kitchen 3 50.00 8 400.00 10,400.00 124,800.00
1,555,200.00

Employee Benefits 2020 2021 2022 2023 2024

Legal Holiday
New Year’s Day (Jan. 1) 2,400.00 3,600.00 3,600.00 3,600.00 2,400.00
Araw ng Kagitingan (April 9) 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00
Maundy Thursday 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00
Good Friday 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00
Labor Day (May 1) 2,400.00 3,600.00 3,600.00 3,600.00 2,400.00
Independence Day (June 12) 3,600.00 3,600.00 3,600.00 3,600.00 2,400.00
National Heroes Day (Aug. 26) 2,400.00 3,600.00 3,600.00 3,600.00 2,400.00
Bonifacio Day (Nov. 30) 2,400.00 2,400.00 2,400.00 3,600.00 3,600.00
Christmas Day (Dec. 25) 3,600.00 3,600.00 3,600.00 3,600.00 2,400.00
Rizal Day (Dec. 30) 3,600.00 3,600.00 2,400.00 3,600.00 2,400.00
Special Holiday
Chinese New Year (February 5) 720.00 1,080.00 1,080.00 1,080.00 720.00
EDSA People Power Revolution (Feb. 25) 720.00 1,080.00 1,080.00 1,080.00 1,080.00
Black Saturday (April 20) 1,080.00 1,080.00 1,080.00 1,080.00 1,080.00

Ninoy Aquino Day (August 21) 1,080.00 1,080.00 1,080.00 1,080.00 720.00
 All Saints’ Day (November 1) 1,080.00 1,080.00 720.00 720.00 1,080.00
All Soul’s Day (November 2) 720.00 1,080.00 720.00 1,080.00 1,080.00
Feast of the Immaculate Conception of Mary (De 720.00 1,080.00 1,080.00 1,080.00 1,080.00
Christmas Feast (December 24) 1,080.00 1,080.00 1,080.00 1,080.00 720.00
Last Day of the Year (December 31) 1,080.00 1,080.00 1,080.00 1,080.00 720.00
Total 39,480.00 44,520.00 42,600.00 45,360.00 37,080.00

13th Month Expense 2020 2021 2022 2023 2024

Annual Salaries Expense 1,555,200.00 1,555,200.00 1,555,200.00 1,555,200.00 1,555,200.00
Employee Benefits Expense 39,480.00 44,520.00 42,600.00 45,360.00 37,080.00
13th Month Expense 132,890.00 133,310.00 133,150.00 133,380.00 132,690.00

Incentives 2020 2021 2022 2023 2024

Manager 3,076.90 3,076.90 3,076.90 3,076.90 3,076.90
Finance Officer 3,846.15 3,846.15 3,846.15 3,846.15 3,846.15

Barista 1 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00

Barista 2 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00
Barista 3 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00
Barista 4 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00
Barista 5 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00
Barista 6 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00
Kitchen 1 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00
Kitchen 2 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00
Kitchen 3 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00
TOTAL 24,923.05 24,923.05 24,923.05 24,923.05 24,923.05

2020 2021 2022 2023 2024

Total Employees Benefits 197,293.05 202,753.05 200,673.05 203,663.05 194,693.05

Salaries Payable
Monthly Gross Income
Employees 2019 2020 2021 2022 2023
1 Manager 16,000.00 16,800.00 17,640.00 18,522.00 19,448.10
2 Finance Officer 20,000.00 21,000.00 22,050.00 23,152.50 24,310.13
3 Barista 1 10,400.00 10,400.00 13,000.00 13,000.00 15,600.00
4 Barista 2 10,400.00 10,400.00 13,000.00 13,000.00 15,600.00
5 Barista 3 10,400.00 10,400.00 13,000.00 13,000.00 15,600.00
6 Barista 4 10,400.00 10,400.00 13,000.00 13,000.00 15,600.00
7 Barista 5 10,400.00 10,400.00 13,000.00 13,000.00 15,600.00
8 Barista 6 10,400.00 10,400.00 13,000.00 13,000.00 15,600.00
9 Kitchen 1 10,400.00 10,400.00 13,000.00 13,000.00 15,600.00
10 Kitchen 2 10,400.00 10,400.00 13,000.00 13,000.00 15,600.00
11 Kitchen 3 10,400.00 10,400.00 13,000.00 13,000.00 15,600.00

Estimated Salaries Payable

Indirect Labor 18,000.00 18,900.00 19,845.00 20,837.25 21,879.11
Direct Labor 46,800.00 46,800.00 58,500.00 58,500.00 70,200.00
Total 64,800.00 65,700.00 78,345.00 79,337.25 92,079.11
- - - - -