SCHEDULE 1

ARIDARAG POULTRY FARM

LISTS OF ASSETS PURCHASED BEFORE START OF OPERATION
2018-2022

Particulars/N
Asset Unit Cost AMOUNT TOTAL COST
o. of Units

1 Land 1 ha. P 1,000,000.00 P 1,000,000.00 P 1,000,000.00

2 Water pump 1 10,000.00 10,000.00 10,000.00

3 Purchase of Chicks (native chicken2000 chicks 35.00 70,000.00 70,000.00

4 Building
chicken House 1 P 185,000.00 165,000.00
Office for employee 1 10,000.00 10,000.00
Fence 1 10,000.00 P 10,000.00
Sub-total 185,000.00

6 Office equipments
Calculator 1 300.00 300.00
Wall clock 1 150.00 150.00
Sub-total 450.00

7 Factory Machines and Equipments:

Bamboo 10 40.00 400.00
nails 10 kls 80.00 800.00
Green Plastic Screen 500 mtrs. 130.00 65,000.00
Bolo 2 150.00 300.00
Weighing Scale 1 2,000.00 2,000.00
Lumber 20 300.00 6,000.00
farm black boots 2 200.00 400.00
Gloves 4 25.00 100.00
Sub total 75,000.00

8 Furnitures and Fixtures

Office tables 2 P 2,500.00 5,000.00
Office chairs 2 P 1,000.00 2,000.00
Sub-total 7,000.00

GRAND TOTAL P 1,347,450.00

SCHEDULE 2.
ARIDARAG POULTRY FARM
LIST OF PRE-OPERATING EXPENSES INCURRED
2018-2022

Specifications/ No. of Unit TOTAL TOTAL

No.
PARTICULARS Unit Cost COST COST

1 Administration Expense:
Business Permit P 75,000.00
Building Permit 15,000.00
Professional Fees 25,000.00
Legal Fees 10,000.00
Processing Fees 5,000.00
Inaugural/Opening Day 35,000.00
Sub-Total P 165,000.00

2 Office Supplies
Bond Papers 1 reams P 150.00 150.00
Ballpens 1 box 50.00 50.00
Pencil 1 box 50.00 50.00
Scissors 2 pcs. 25.00 50.00
Stapler 1 pcs. 50.00 50.00
Stapler Wire 2 boxes 25.00 50.00
Folders and Fasteners 1 dozen 40.00 40.00
Envelops 1 dozen 50.00 50.00
Scotch Tapes 2 pcs. 20.00 40.00
Record Book 1 pc. 40.00 40.00
Bulletin Board 1 pc. 200.00 200.00
Ledger 1 pc. 45.00 45.00
Ballpen Holder 1 pc. 35.00 35.00
Paper Clip 1 box 25.00 25.00
Thumb Tucks 1 box 25.00 25.00
Notebook 2 pcs. 20.00 40.00
Sub-Total 940.00

3 Production Supply
Rice bran 20 kg 200.00
Corn bran 20 kg 200.00
Cane mollases 20 kg 200.00
Copra meal 20 kg 200.00
Sub-Total 800.00

Cleaning Equipment
Broom 5 35 750.00
Dust Pan 3 50 150.00
Sub-total 900.00

GRAND TOTAL 166,740.00

SCHEDULE 3A

ARIDARAG POULTRY FARM

5-Year Annual Sales of native chickens (Liveweight)
FOR THE ENDING 2018-2022

no. of native chickens selling price (per average kg. of

Year available for sale
TOTAL SALES
kg.) chicken

2018 2,000 P 180.00 2.00 720,000.00

2019 2,500 180.00 2.00 900,000.00

2020 3,000 190.00 2.00 1,140,000.00

2021 3,500 190.00 2.00 1,330,000.00

2022 4,000 200.00 2.00 1,600,000.00

P 5,690,000.00
SCHEDULE 5
ARIDARAG POULTRY FARM
PROJECTED SALARIES, SSS & PHIC EMPLOYER CONTRIBUTION
For the Year Ending December 31, 2018-2022
Number Salary Salary Total Salary 13th Mo. Pay/ TOTAL SSS Employer PHIC Employer
of Rate Per Monthly Per Year-End (Yearly) Contribution Contribution
POSITION Employees Per Day Month Salary Year BONUS Per Year Per Year

1 Manager 1 P 400.00 P 9,600 P 9,600 P 115,200.00 P 9,600.00 P 124,800.00 P 9,216.00 P 2,400.00

2 Care 1 200.00 6,000 6,000 72,000.00 6,000.00 78,000.00 5,760.00 2,400.00
taker/maintenanc
3 Staff/Driver
e
2 250.00 7,500 7,500 90,000.00 15,000.00 105,000.00 7,200.00 4,800.00
TOTAL (Year 1) 4 P 850.00 P 23,100.00 P 23,100.00 P 277,200.00 P 30,600.00 P 307,800.00 P 22,176.00 P 9,600.00
SUMMARY:
Year 1 (2018) P 23,100.00 23,100.00 P 277,200.00 P 30,600.00 P 307,800.00 P 22,176.00 P 9,600.00
Year 2 (2019) 24,255.00 24,255.00 291,060.00 32,130.00 323,190.00 23,284.80 10,080.00
Year 3 (2020) 25,467.75 25,467.75 305,613.00 33,736.50 339,349.50 24,449.04 10,584.00
Year 4 (2021) 26,741.14 26,741.14 320,893.65 35,423.33 356,316.98 25,671.49 11,113.20
Year 5 (2022) 28,078.19 28,078.19 336,938.33 37,194.49 374,132.82 26,955.07 11,668.86
GRAND TOTAL P 127,642.08 127,642.08 P 1,531,704.98 P 169,084.32 P 1,700,789.30 P 122,536.40 P 53,046.06
SCHEDULE 5
ARIDARAG POULTRY Farm
Schedule of Depreciation (Year 1 to Year 5 Projections)
For the Year Ending December 31, 2018 - 2022
Total Est. Useful Scrap Annual NET BOOK VALUE OF ASSETS (Per Year) After Deducting Acc. Depreciation
Acquisition Life Value Depre- 31-Dec-18 31-Dec-19 31-Dec-20 31-Dec-21 31-Dec-22
ASSET Cost (in years) ciation Year 1 Year 2 Year 3 Year 4 Year 5

1 Building P 185,000.00 20 P 200,000.00 P -750.00 P 185,000.00 P 185,000.00 P 185,000.00 P 185,000.00 P 185,000.00

Less: Accumulated Depreciation -750.00 -1,500.00 -2,250.00 -3,000.00 -3,750.00
Net Book Value P 185,750.00 P 186,500.00 P 187,250.00 P 188,000.00 P 188,750.00
2 Office Equipments 450.00 10 - 45.00 P 450.00 P 450.00 P 450.00 P 450.00 P 450.00
Less: Accumulated Depreciation 45.00 90.00 135.00 180.00 225.00
Net Book Value P 405.00 P 360.00 P 315.00 P 270.00 P 225.00
3 Water Pump 15,000.00 10 1,500.00 P 15,000.00 P 15,000.00 P 15,000.00 P 15,000.00 P 15,000.00
Less: Accumulated Depreciation 1,500.00 3,000.00 4,500.00 6,000.00 7,500.00
Net Book Value 13,500.00 P 12,000.00 P 10,500.00 P 9,000.00 P 7,500.00
4 Poultry Machines & Equipments 75,000.00 25 3,000.00 P 75,000.00 P 75,000.00 P 75,000.00 P 75,000.00 P 75,000.00
Less: Accumulated Depreciation 3,000.00 6,000.00 9,000.00 12,000.00 15,000.00
Net Book Value P 72,000.00 P 69,000.00 P 66,000.00 P 63,000.00 P 60,000.00
5 Furniture & Fixtures 7,000.00 15 466.67 P 7,000.00 P 7,000.00 P 7,000.00 P 7,000.00 P 7,000.00
Less: Accumulated Depreciation 466.67 933.33 1,400.00 1,866.67 2,333.33
Net Book Value P 6,533.33 P 6,066.67 P 5,600.00 P 5,133.33 P 4,666.67

TOTAL P 267,450.00 P 4,261.67

SUMMARY:
TOTAL ACQUISITION COST OF ASSETS P 1,347,450.00 P 1,347,450.00 P 1,347,450.00 P 1,347,450.00 P 1,347,450.00
Less: Total Accumulated Depreciation (4,261.67) (8,523.33) (12,785.00) (17,046.67) (21,308.33)
TOTAL NET BOOK VALUE OF ASSETS P 1,343,188.33 P 1,338,926.67 P 1,334,665.00 P 1,330,403.33 P 1,326,141.67
SCHEDULE 6
ARIDARAG NATIVE CHICKEN FARM
5-Year Projected Income Statement
For the Year Ending December 31, 2018 - 2022
Notes to
Financial Dec. 31, 2018 Dec. 31, 2019 Dec. 31, 2020 Dec. 31, 2021 Dec. 31, 2022
PARTICULARS Statement Year 1 Year 2 Year 3 Year 4 Year 5
SALES Schedule 3 P P
Sales from Native Chicken (liveweight) 720,000 900,000 1,140,000 1,330,000 1,600,000
Sales from chicken eggs 2,520,000 3,780,000 5,040,000 6,300,000 7,560,000
GROSS SALES 3,240,000 P 4,680,000 P 6,180,000 7,630,000 9,160,000

Less: Cost of Sales -

Inventory Beginning P -
Purchases Schedule 3 720,000
TOTAL GOODS AVAILABLE FOR SALE 720,000
Less: Inventory End
COST OF GOODS SOLD

GROSS PROFIT FROM SALES 2,520,000

### 4,680,000 6,180,000 7,630,000 9,160,000

Less: Operating Expenses -

Salaries and wages 307,800 323,190 339,349.50 356,316.98 374,132.82
Utilities Expense (Light & Water) 100,000 105,000 110,250 115,763 121,551
Fuel & Oil 50,000 52,500 55,125 57,881 60,775
Supplies/Misc. Expense 20,000 21,000 22,050 23,153 24,310
Depreciation Expense 4,262 4,262 4,262 4,262 4,262
Pre-operating Expenses 166,740.00 - - - -
TOTAL OPERATING EXPENSES P 648,802 P 505,952 P 531,036 P 557,375 P 585,031
NET INCOME BEFORE TAX 1,871,198 4,174,048 5,648,964 7,072,625 8,574,969
Less: Income Tax (30 %) P (561,360) P (1,252,215) P (1,694,689) P (2,121,788) P (2,572,491)
NET INCOME AFTER TAX P 1,309,839 P 2,921,834 P 3,954,275 P 4,950,838 P 6,002,479
SCHEDULE 7
ARIDARAG POULTRY FARM
Statement of Changes in Financial Position
5-Year Balance Sheet Projections
As of December 31, 2018 - 2022
Pre-Operation/ Year 1 of Year 2 of Year 3 of Year 4 of Year 5 of
Notes to
PARTICULARS Financial Set-up and Operation Operation Operation Operation Operation
Statement Start-up 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022
ASSETS:
A.) Current Assets:
Cash/Cash In Bank P -777,450.00 P 1,156,650.50 P 3,882,746.00 P 7,541,282.35 P 12,096,381.59 P 17,603,121.87
Inventory 0.00 100,000.00 200,000.00 300,000.00 400,000.00 500,000.00
TOTAL CURRENT ASSETS P -777,450.00 P 1,256,650.50 P 4,082,746.00 P 7,841,282.35 P 12,496,381.59 P 18,103,121.87
B.) Non-Current Assets:
Land Schedule 1 P 1,000,000.00 P 1,000,000.00 P 1,000,000.00 P 1,000,000.00 P 1,000,000.00 P 1,000,000.00
Water Pump 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
Building 185,000.00 185,000.00 185,000.00 185,000.00 185,000.00 185,000.00
Office Equipment 450.00 450.00 450.00 450.00 450.00 450.00
Factory Machines and Equipments Schedule 1 75,000.00 75,000.00 75,000.00 75,000.00 75,000.00 75,000.00
Furnitures and Fixtures 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00
TOTAL NON-CURRENT ASSETS (Gross) 1,277,450.00 1,277,450.00 1,277,450.00 1,277,450.00 1,277,450.00 1,277,450.00
Less: Total Accumulated Depreciation Schedule 5 - (4,261.67) (8,523.33) (12,785.00) (17,046.67) (21,308.33)
TOTAL NON-CURRENT ASSETS (Net) P 1,277,450.00 P 1,273,188.33 P 1,268,926.67 P 1,264,665.00 P 1,260,403.33 P 1,256,141.67

TOTAL ASSETS P 500,000.00 P 2,529,838.83 P 5,351,672.67 P 9,105,947.35 P 13,756,784.93 P 19,359,263.54

LIABILITIES & CAPITAL:

A.)LIABILITIES: P 0.00 P 0.00 P 0.00 P 0.00 P 0.00 P 0.00
B.) CAPITAL:
Capital P 500,000.00 P 500,000.00 P 1,709,838.83 P 4,431,672.67 P 8,085,947.35 P 12,636,784.93
Less: Drawing 0.00 (100,000.00) (200,000.00) (300,000.00) (400,000.00) (500,000.00)
NET WORKING CAPITAL P 500,000.00 P 400,000.00 P 1,509,838.83 P 4,131,672.67 P 7,685,947.35 P 12,136,784.93
Add: Net Income Schedule 6 1,309,838.83 2,921,833.83 3,954,274.68 4,950,837.58 6,002,478.61
ENDING CAPITAL BALANCE P 500,000.00 1,709,838.83 4,431,672.67 8,085,947.35 12,636,784.93 18,139,263.54

TOTAL LIABILITIES & CAPITAL P 500,000.00

### P 1,709,838.83
### P 4,431,672.67
### P 8,085,947.35
### P 12,636,784.93
### P 18,139,263.54
SCHEDULE 8
Aridarag Poultry Farm
PROJECTED CASH FLOW STATEMENT - Year 1 to Year 5
For the Year Ending December 31, 2018 - 2022
Notes to
PARTICULARS Financial Pre-Operating Dec. 31, 2018 Dec. 31, 2019 Dec. 31, 2020 Dec. 31, 2021 Dec. 31, 2022
Statement Year 0 Year 1 Year 2 Year 3 Year 4 Year 5

ADD: Inflows -
Initial Capital Investment Schedule 7 P 500,000.00 P P P P P
Sales (Live weight&egg) 3,240,000.00 4,680,000.00 6,180,000.00 7,630,000.00 9,160,000.00
TOTAL INFLOWS P 500,000.00 P 3,240,000.00 P 4,680,000.00 P 6,180,000.00 P 7,630,000.00 P 9,160,000.00

LESS: Outflows -
Purchase of Land P 1,000,000.00 P P P P P
Purchase of water pump 10,000.00
Purchase of Building 185,000.00
Purchase of Office Equipment 450.00
Purchase of Factory Machines and Equipments 75,000.00
Purchase of Furnitures and Fixtures 7,000.00
Payment for Operating Expenses 648,801.67 505,951.67 531,036.17 557,374.89 585,030.55
Payment for Income Tax 561,359.50 1,252,214.50 1,694,689.15 2,121,787.53 2,572,490.83
Withdrawals of the owner 100,000 200,000 300,000 400,000 500,000
TOTAL OUTFLOWS P 1,277,450.00 P 1,310,161.17 P 1,958,166.17 P 2,525,725.32 P 3,079,162.42 P 3,657,521.39
Less: Depreciation Expense Schedule 5 4,261.67 4,261.67 4,261.67 4,261.67 4,261.67
OUTFLOWS P 1,277,450.00 P 1,305,899.50 P 1,953,904.50 P 2,521,463.65 P 3,074,900.76 P 3,653,259.72

NET CASH FLOW P (777,450.00) P 1,934,100.50 P 2,726,095.50 P 3,658,536.35 P 4,555,099.24 P 5,506,740.28

CASH BALANCE, Beginning 0.00 -777,450.00 1,156,650.50 3,882,746.00 7,541,282.35 12,096,381.59

CASH BALANCE, Ending P (777,450.00) P 1,156,650.50 P 3,882,746.00 P 7,541,282.35 P 12,096,381.59 P 17,603,121.87

SCHEDULE 9

ARIDARAG POULTRY FARM

5 - year COMPREHENSIVE FINANCIAL ANALYSIS
For the Year Ending December 31, 2018 - 2022

1.) Payback Period:

Annual CB CB year 3 P -7,818,732.35

Year Investment =
Cash Flow Year 1- 3 Investment P 500,000.00
0 500,000 less:
1 P 1,934,100.50 -1,434,100.50
2 2,726,095.50 -4,160,196.00 = -15.64 + 3.00 = -12.64 3 years
3 3,658,536.35 -7,818,732.35
4 4,555,099.24 -12,373,831.59
5 5,506,740.28
TOTAL P 18,380,571.87

The payback period is a measure of the expected number of years needed to recover the total investments on
the project.

2.) Return On Investment (ROI):

Dec. 31, 2018 Dec. 31, 2019 Dec. 31, 2020 Dec. 31, 2021 Dec. 31, 2022
Year 1 Year 2 Year 3 Year 4 Year 5

Net Profit = P 1,309,838.83 P 2,921,833.83 P 3,954,274.68 P 4,950,837.58 P 6,002,478.61

Average Asset P 1,514,919.42 3,530,755.75 7,228,810.01 11,431,366.14 16,558,024.23

86% 83% 55% 43% 36%

Average = 61%

This ratio determines the average percentage or amount of return for every peso investment. It is an
opportunity cost concept based on the behavioral assumption that an investor would like to be compensated for waiting
 and for assuming some risk.

3.) Gross Profit Ratio:

Dec. 31, 2018 Dec. 31, 2019 Dec. 31, 2020 Dec. 31, 2021 Dec. 31, 2022
Year 1 Year 2 Year 3 Year 4 Year 5

Gross Profit = P 2,520,000.00 P 4,680,000.00 P 6,180,000.00 P 7,630,000.00 P 9,160,000.00

Net Sales P 3,240,000.00 P 4,680,000.00 P 6,180,000.00 P 7,630,000.00 P 9,160,000.00

78% 100% 100% 100% 100%

Average = 96%

The gross profit ratio reflects the company's ability to cover its manufactured or purchase cost of merchandise.
This ratio reflects the management's policies related to pricing and production efficiency or technology. The higher the ratio, the
greater the company's capacity to compete in the marketplace on the basis of price. It also indicates the gross margin per
pesos of sales used in determining the adequacy of gross margin to cover operating expenses and provide desired profit.

4.) Return On Equity:

Dec. 31, 2018 Dec. 31, 2019 Dec. 31, 2020 Dec. 31, 2021 Dec. 31, 2022
Year 1 Year 2 Year 3 Year 4 Year 5

Net Profit =P 1,309,838.83 P 2,921,833.83 P 3,954,274.68 P 4,950,837.58 P 6,002,478.61

Ave. Owner's Equity P 2,529,838.83 P 4,431,672.67 P 8,085,947.35 P 12,636,784.93 P 18,139,263.54

52% 66% 49% 39% 33%

Average = 48%

This ratio would like to evaluate management's ability to generate returns on their average investment. It indicates the profitability in the use of working capital.
SCHEDULE 10

ARIDARAG POULTRY FARM

Table of Assumptions/Projections
5-Year period 2013 - 2017

1 Purchases of Chicks 2% increase annually

2 Sales of Native Chickens 5% increase annually

3 Employee Salaries/Wages 5% increase annualy

4 SSS Employer Contribution 8% of Basic pay of each employee

5 PHIC Employer Contribution Fixed @ PhP 200.00/month; 5% increase annually

6 Business Permits, Taxes & Li 1% of Sales

7 Depreciation Expense Average method of depreciation (See table of depreciation)

8 Income Tax Based on graduated rate provided by the BIR;

30% Tax rate if NIBT is more than P 500,000.00
9

10

11
ncrease annually

See table of depreciation)

n P 500,000.00
SCHEDULE 3B

ARIDARAG POULTRY FARM

5-Year Sales of eggs
FOR THE ENDING 2018-2022

no. of chickens no. of days in no. of months in

selling price
Year available for laying producing egg in a producing an egg a total eggs per year
per egg
total sales
eggs month year

2018 1,000 P 30.00 12.00 360,000.00 7.00 2,520,000.00

2019 1,500 30.00 12.00 540,000.00 7.00 3,780,000.00

2020 2,000 30.00 12.00 720,000.00 7.00 5,040,000.00

2021 2,500 30.00 12.00 900,000.00 7.00 6,300,000.00

2022 3,000 30.00 12.00 1,080,000.00 7.00 7,560,000.00

25,200,000.00