1 Selling price will increase by 10% every year.

2 The price of raw materials will increase by 5% every year.

3 Equipments' useful life is 5 years with no salvage value. It will be depreciated ung straight-line method.
4 Kitchen tools are depreciated using inventory method of depreciation.
5 Office supplies are replenished as needed.
6 Expenses for utilities will increase by 2% annually.
7 All Furnitures and Fixtures use Straight-line method of depreciation with the useful life of 5 years.
aight-line method.

e of 5 years.
 TOTAL PROJECTED COST
Kitchen Tools PHP 1,885.00
Furnitures and Fixtures 2,000.00
Equipment 2,600.00
Office and Kitchen Supplies 2,121.00
Raw Materials 11,820.00
Labor/Salaries 3,750.00
Packaging 9,900.00
Utilities 3,120.00
Permits and Licenses 1,500.00
Cleaning Materials 620.00
TOTAL PHP 39,316.00
 FINANCIER'S CONTRIBUTION
Share of Each Partner in the Capital
Apita, Capital PHP 7,863.20 20.00%
Balbuena, Capital 7,863.20 20.00%
Bonot, Capital 7,863.20 20.00%
Pardinas, Capital 7,863.20 20.00%
Sanchez, Capital 7,863.20 20.00%
TOTAL CAPITAL PHP 39,316.00 100.00%
 PROJECTED BAL

YEAR 1 YEAR 2
ASSETS Dr. Cr. Dr.
Cash PHP 90,120.60 PHP 185,354.48
Office Supplies 236.00 236.00

Other Supplies 620.00 620.00

Property, Plant and Equipment (Net) 5,565.00 4,645.00

LIABILITIES AND PARTNER'S EQUITY

Liabilities -
Partners' Equity
Apita, Capital 19,308.32
Balbuena, Capital 19,308.32
Bonot, Capital 19,308.32
Pardinas, Capital 19,308.32
Sanchez, Capital 19,308.32
PhP96,541.60 PhP96,541.60 PhP190,855.48
 PROJECTED BALANCE SHEET

YEAR 2 YEAR 3 YEAR 4

Cr. Dr. Cr. Dr. Cr.
PHP 321,803.52 PHP 504,026.39
236.00 236.00

620.00 620.00
3,725.00 2,805.00

- - -

38,171.10 65,276.90 101,537.48

38,171.10 65,276.90 101,537.48
38,171.10 65,276.90 101,537.48
38,171.10 65,276.90 101,537.48
38,171.10 65,276.90 101,537.48
PhP190,855.48 PhP326,384.52 PhP326,384.52 PhP507,687.39 PhP507,687.39
 YEAR 5
Dr. Cr.
PHP 737,057.64
236.00

620.00
1,885.00

147,959.73
147,959.73
147,959.73
147,959.73
147,959.73
PhP739,798.64 PhP739,798.64
 PROJECTED INCOME STAT

YEAR 1 YEAR 2
Sales PHP 450,000.00
Less: Cost of Goods Sold
Raw Materials 141,840.00 148,932.00
Packaging 118,800.00 118,800.00
Allowance for Spoilage 1,418.40 1,489.32
Direct Materials 262,058.40 269,221.32
Direct Labor 90,000.00 90,000.00
Overhead 38,360.00 39,108.80
390,418.40
Gross Profit PHP 59,581.60
Less:
Office Supplies Expense 236.00 236.00
Permits and Licenses 1,500.00 1,500.00
Other Supplies Expenses 620.00 2,356.00 620.00
Net Profit PHP 57,225.60
 PROJECTED INCOME STATEMENT

YEAR 2 YEAR 3 YEAR 4

PHP 495,000.00 PHP 544,500.00 PHP 598,950.00

156,378.60 164,197.53
118,800.00 118,800.00
1,563.79 1,641.98
276,742.39 284,639.51
90,000.00 90,000.00
39,872.58 40,651.63
398,330.12 406,614.96 415,291.13
PHP 96,669.88 PHP 137,885.04 PHP 183,658.87

236.00 236.00
1,500.00 1,500.00
2,356.00 620.00 2,356.00 620.00 2,356.00
PHP 94,313.88 PHP 135,529.04 PHP 181,302.87
 YEAR 5
PHP 658,845.00

172,407.41
118,800.00
1,724.07
292,931.48
90,000.00
41,446.26
424,377.74
PHP 234,467.26

236.00
1,500.00
620.00 2,356.00
PHP 232,111.26
 PROJECTED STATEMENT OF PARTNER'S EQUITY

Apita, Capital Balbuena, Capital

Beginning Balance PHP 7,863.20 PHP 7,863.20
Add: Share in Net Income (Loss) 11,445.12 11,445.12
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 1 PHP 19,308.32 PHP 19,308.32
Add: Share in Net Income (Loss) 18,862.78 18,862.78
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 2 PHP 38,171.10 PHP 38,171.10
Add: Share in Net Income (Loss) 27,105.81 27,105.81
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 3 PHP 65,276.90 PHP 65,276.90
Add: Share in Net Income (Loss) 36,260.57 36,260.57
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 4 PHP 101,537.48 PHP 101,537.48
Add: Share in Net Income (Loss) 46,422.25 46,422.25
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 5 PHP 147,959.73 PHP 147,959.73
D STATEMENT OF PARTNER'S EQUITY

Bonot, Capital Pardinas, Capital Sanchez, Capital Total Capital

PHP 7,863.20 PHP 7,863.20 PHP 7,863.20 PHP 39,316.00
11,445.12 11,445.12 11,445.12 57,225.60
- - - PHP -
- - - -
PHP 19,308.32 PHP 19,308.32 PHP 19,308.32 PHP 96,541.60
18,862.78 18,862.78 18,862.78 94,313.88
- - - PHP -
- - - -
PHP 38,171.10 PHP 38,171.10 PHP 38,171.10 PHP 190,855.48
27,105.81 27,105.81 27,105.81 135,529.04
- - - PHP -
- - - -
PHP 65,276.90 PHP 65,276.90 PHP 65,276.90 PHP 326,384.52
36,260.57 36,260.57 36,260.57 181,302.87
- - - PHP -
- - - -
PHP 101,537.48 PHP 101,537.48 PHP 101,537.48 PHP 507,687.39
46,422.25 46,422.25 46,422.25 232,111.26
- - - PHP -
- - - -
PHP 147,959.73 PHP 147,959.73 PHP 147,959.73 PHP 739,798.64
 PROJECTED STATEMENT OF CASH FLOWS

YEAR 1 YEAR 2
Net Income 57,225.60 94,313.88
Depreciation 920.00 920.00
Decrease (Increase) in Office Supplies (236.00) -
Decrease (Increase) in Other Supplies (620.00) -
Cash inflow (outflow) as a result of operations 57,289.60 95,233.88

Capital Expenditures (6,485.00) -

Cash inflow (outflow) from Investing Activities (6,485.00) -

Partners additional investments (withdrawals) 0.00 0.00

Cash inflow (outflow) from Financing Activities 0.00 0.00

Net cash increase (decrease) for the period 50,804.60 95,233.88

Beginning cash balance 39,316.00 90,120.60
ENDING CASH BALANCES PhP90,120.60 PhP185,354.48
CASH FLOWS

YEAR 3 YEAR 4 YEAR 5

135,529.04 181,302.87 232,111.26
920.00 920.00 920.00
- - -
- - -
136,449.04 182,222.87 233,031.26

- - -
- - -

0.00 0.00 0.00

0.00 0.00 0.00

136,449.04 182,222.87 233,031.26

185,354.48 321,803.52 504,026.39
PhP321,803.52 PhP504,026.39 PhP737,057.64
Return on Investment YEAR 1 YEAR 2

Net Income PHP 57,225.60 PHP 94,313.88

Total Assets 96,541.60 190,855.48
Return on Investment 59.28% 49.42%

Payback Period

Investment PHP 39,316.00

Cash Inflow 57,289.60
Payback Period 0.69 year

YEAR 1 YEAR 2
CM 46.36 52.18
Operating Expenses 2,356.00 2,356.00
Breakeven Point in Units Frappe 15 14
Breakeven Point in Sales Frappe 1,067.21 1,043.04

Selling Price 70.00 77.00

Unit Cost 23.64 24.82
 YEAR 3 YEAR 4 YEAR 5

PHP 135,529.04 PHP 181,302.87 PHP 232,111.26

326,384.52 507,687.39 739,798.64
41.52% 35.71% 31.37%

approximately 8 months and 1 week

YEAR 3 YEAR 4 YEAR 5

58.64 65.80 73.75
2,356.00 2,356.00 2,356.00
12 11 10
1,020.96 1,000.74 982.18
*Discrepancy in Amount is due to rounding off

84.70 93.17 102.49

26.06 27.37 28.73
 Quantity Unit Unit Cost
Record Book 1 pc PHP 20.00

Office Supplies
Ballpen 6 pcs 6.00
Blank Receipt 2 pads 15.00
File Keeper 1 pc 150.00
TOTAL

Office Supplies are replenished as needed.

Quantity Unit Unit Cost

Non-stick frying pan 1 pc PHP 450.00
Knives 1 pc 150.00
Measuring cup 1 set 75.00
Measuring spoon 1 pc 75.00
Kitchen Tools

Wooden spoon 1 pc 100.00

Cutting board 1 pc 75.00
Mixing bowls 2 pcs 100.00
Hairnet 10 pcs 10.00
Cooking Gloves 2 sets 30.00
Mask 6 box 100.00
TOTAL

Kitchen Tools use inventory method of depreciation.

Quantity Unit Unit Cost

Dishwashing Liquid 2 pcs PHP 30.00
Cleaning Materials

Sponge 2 pcs 25.00

Rug 6 pcs 10.00
Robber Gloves 3 pairs 30.00
Trash Bin 2 pcs 120.00
Garbage Bag 4 packs 30.00
TOTAL

Equipment
Heat blower
Equipment

Gas stove
LPG tank
Acc. Dep.
CARRYING AMOUNT

Equipments use Straight-line method of depreciation with the useful life of 5 years and with no salvage value.

Furnitures and Fixtures

Working table
Furnitur

Fixtures
es and
 Furnitur

Fixtures
es and
Chair
Acc. Dep.
CARRYING AMOUNT

All Furnitures and Fixtures use Straight-line method of depreciation with the useful life of 5 years and with no salva

Monthly
Overhead
Water PHP 300.00
Overhead

Electricity 500.00
Gas/ LPG Refills 800.00
Load / Data Connectivity 870.00
Transportation 650.00
TOTAL PHP 3,120.00

Expenses for utilities will increase by 2% annually.

Salaries Monthly Salary

General Manager PHP 1,700.00
Direct Labor

Financial Officer 1,450.00

Production Officer 1,450.00
Sales and Marketing Officer 1,450.00
Quality Control Officer 1,450.00
TOTAL PHP 7,500.00

Permits and Licenses

TOTAL

Ingredients
Fresh bagoong
Orange powder
Oil
Chicken
Chili
Raw Materials

Onion
Garlic
Ginger
Black Pepper
Tomato
TOTAL
Yields
Unit
UNIT COST
Packaging
Glass Bottle with Seal
Plastic Seal
TOTAL
 YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
PHP 20.00 PHP 20.00 PHP 20.00 PHP 20.00 PHP 20.00
36.00 36.00 36.00 36.00 36.00
30.00 30.00 30.00 30.00 30.00
150.00 150.00 150.00 150.00 150.00
PHP 236.00 PHP 236.00 PHP 236.00 PHP 236.00 PHP 236.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 450.00 PHP 450.00 PHP 450.00 PHP 450.00 PHP 450.00
150.00 150.00 150.00 150.00 150.00
75.00 75.00 75.00 75.00 75.00
75.00 75.00 75.00 75.00 75.00
100.00 100.00 100.00 100.00 100.00
75.00 75.00 75.00 75.00 75.00
200.00 200.00 200.00 200.00 200.00
100.00 100.00 100.00 100.00 100.00
60.00 60.00 60.00 60.00 60.00
600.00 600.00 600.00 600.00 600.00
PhP1,885.00 PhP1,885.00 PhP1,885.00 PhP1,885.00 PhP1,885.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 60.00 PHP 60.00 PHP 60.00 PHP 60.00 PHP 60.00
50.00 50.00 50.00 50.00 50.00
60.00 60.00 60.00 60.00 60.00
90.00 90.00 90.00 90.00 90.00
240.00 240.00 240.00 240.00 240.00
120.00 120.00 120.00 120.00 120.00
PHP 620.00 PHP 620.00 PHP 620.00 PHP 620.00 PHP 620.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 250.00 PHP 250.00 PHP 250.00 PHP 250.00 PHP 250.00
1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
1,350.00 1,350.00 1,350.00 1,350.00 1,350.00
(520.00) (1,040.00) (1,560.00) (2,080.00) (2,600.00)
PhP2,080.00 PhP1,560.00 PhP1,040.00 PhP520.00 PhP0.00

f 5 years and with no salvage value.

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
(400.00) (800.00) (1,200.00) (1,600.00) (2,000.00)
PhP1,600.00 PhP1,200.00 PhP800.00 PhP400.00 PhP0.00

he useful life of 5 years and with no salvage value.

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 3,600.00 PHP 3,672.00 PHP 3,745.44 PHP 3,820.35 PHP 3,896.76
6,000.00 6,120.00 6,242.40 6,367.25 6,494.59
9,600.00 9,792.00 9,987.84 10,187.60 10,391.35
10,440.00 10,648.80 10,861.78 11,079.01 11,300.59
7,800.00 7,956.00 8,115.12 8,277.42 8,442.97
PhP37,440.00 PhP38,188.80 PhP38,952.58 PhP39,731.63 PhP40,526.26

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 20,400.00 PHP 20,400.00 PHP 20,400.00 PHP 20,400.00 PHP 20,400.00
17,400.00 17,400.00 17,400.00 17,400.00 17,400.00
17,400.00 17,400.00 17,400.00 17,400.00 17,400.00
17,400.00 17,400.00 17,400.00 17,400.00 17,400.00
17,400.00 17,400.00 17,400.00 17,400.00 17,400.00
PHP 90,000.00 PHP 90,000.00 PHP 90,000.00 PHP 90,000.00 PHP 90,000.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

1,500.00 1,500.00 1,500.00 1,500.00 1,500.00
PHP 1,500.00 PHP 1,500.00 PHP 1,500.00 PHP 1,500.00 PHP 1,500.00

PER UNIT PER DAY PER WEEK PER MONTH PER YEAR
PHP 4.80 PHP 120.00 PHP 600.00 PHP 2,400.00 PHP 28,800.00
0.80 20.00 100.00 400.00 4,800.00
3.20 80.00 400.00 1,600.00 19,200.00
9.20 230.00 1,150.00 4,600.00 55,200.00
1.60 40.00 200.00 800.00 9,600.00
1.20 30.00 150.00 600.00 7,200.00
1.20 30.00 150.00 600.00 7,200.00
0.80 20.00 100.00 400.00 4,800.00
0.04 1.00 5.00 20.00 240.00
0.80 20.00 100.00 400.00 4,800.00
PHP 23.64 PHP 591.00 PHP 2,955.00 PHP 11,820.00 PHP 141,840.00
1 25.00 125.00 500.00 6,000.00
jar jars jars jars jars
PHP 23.64 PHP 23.64 PHP 23.64 PHP 23.64 PHP 23.64
PER UNIT PER DAY PER WEEK PER MONTH PER YEAR
PHP 15.00 PHP 375.00 PHP 1,875.00 PHP 7,500.00 PHP 90,000.00
4.80 120.00 600.00 2,400.00 28,800.00
PHP 19.80 PHP 495.00 PHP 2,475.00 PHP 9,900.00 PHP 118,800.00
Direct Materials Base YEAR 1 YEAR 2 YEAR 3
Raw Materials 11,820.00 PHP 141,840.00 PHP 148,932.00 PHP 156,378.60
Spoilage 34.74 1,418.40 1,489.32 1,563.79
Packaging #NAME? #NAME? 118,800.00 118,800.00
TOTAL #NAME? PHP 269,221.32 PHP 276,742.39

Direct Labor Base YEAR 1 YEAR 2 YEAR 3

Cost of Labor 7,500.00 PHP 90,000.00 PHP 90,000.00 PHP 90,000.00
TOTAL PHP 90,000.00 PHP 90,000.00 PHP 90,000.00

Overhead Base YEAR 1 YEAR 2 YEAR 3

Utilities Expense 3,120.00 PHP 37,440.00 PHP 38,188.80 PHP 38,952.58
Depreciation 76.67 920.00 920.00 920.00
TOTAL PHP 38,360.00 PHP 39,108.80 PHP 39,872.58

Expenses Base YEAR 1 YEAR 2 YEAR 3

Office Supplies 236.00 PHP 236.00 PHP 236.00 PHP 236.00
Permits and Licenses 1,500.00 1,500.00 1,500.00 1,500.00
Other Supplies Expen 620.00 620.00 620.00 620.00
TOTAL PHP 2,356.00 PHP 2,356.00 PHP 2,356.00

Accumulated Dep. Base YEAR 1 YEAR 2 YEAR 3

Equipment 76.67 PHP 920.00 PHP 1,040.00 PHP 1,560.00
TOTAL PHP 920.00 PHP 1,040.00 PHP 1,560.00
 YEAR 4 YEAR 5
PHP 164,197.53 PHP 172,407.41
1,641.98 1,724.07
118,800.00 118,800.00
PHP 284,639.51 PHP 292,931.48

YEAR 4 YEAR 5
PHP 90,000.00 PHP 90,000.00
PHP 90,000.00 PHP 90,000.00

YEAR 4 YEAR 5
PHP 39,731.63 PHP 40,526.26
920.00 920.00
PHP 40,651.63 PHP 41,446.26

YEAR 4 YEAR 5
PHP 236.00 PHP 236.00
1,500.00 1,500.00
620.00 620.00
PHP 2,356.00 PHP 2,356.00

YEAR 4 YEAR 5
PHP 2,080.00 PHP 2,600.00
PHP 2,080.00 PHP 2,600.00