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Revised 4

Can be use for Statement of Cash Flows

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Alyza Almonia
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0% found this document useful (0 votes)
16 views

Revised 4

Can be use for Statement of Cash Flows

Uploaded by

Alyza Almonia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 44

SCHEDULE 1: TILAPIA SALES FORECAST

Fry Stocking Density per 3,000 sq. m pond


Expected Survival Rate
Number of Fry Survived
Target Average Body Weight (ABW) per Piece
Number of Kilos to be Harvested (BIOMASS)
[(27,000 pcs. x 160 grams)/1000]
Price per Kilo
Sales Per Pond
Times: Number of Fishponds
TOTAL SALES PER CROP
Times: Number of Croppings/Harvest Per Year
TOTAL SALES

SCHEDULE 2:TILAPIA COST OF SALES (Next Sheet)

SCHEDULE 3: SALARIES AND EXPENSES


Position
Feeder
Pond Technician
Harvester

SCHEDULE 4: LIGHTS AND WATER EXPENSE


Items
Lights-Solar Powered (5 pcs)
Water Fee - National Irrigation Administration (NIA)

SCHEDULE 5: RENT EXPENSES-Land

RENT (P 2,856.00 x 12 months)

SCHEDULE 6: PERMITS & LICENSES


DTI PROCESSING FEE (New and Renewal)
Processing Fee
Documentary Stamp Tax
Certified True Copy of Certificate of Registration (COR)
Total - DTI PROCESSING FEE

Surcharge for late filing of Renewal Application


0 to 2 months after the expiration date
More than 2 months after the registration date

Legal Requirements
DTI Permit
Mayor’s Permit
BIR Registration
Sanitary Permit
Garbage Permit
Fire Safety Inspection Clearance
Barangay Business Clearance
Electrical Permit
Water Permit
TOTAL

SCHEDULE 7: Interest Expense

Total Interest Incurred


Interest Paid
Interest Payable

SCHEDULE 8: DEPRECIATION EXPENSES


Item
Nipa Hut
Equipment
Fish Pond
TOTAL

SCHEDULE 9: REPAIRS & MAINTENANCE


Item
Repair and Maintenance
TOTAL

SCHEDULE 10: INCOME TAX EXPENSES- Next Sheet

SCHEDULE 11: NIPA HUT


Item
Feed Storage (Payag Type)
Feeding Station (Small Payag type for shading purposes)
Harvest & Weighing Station ( For shading purposes)
TOTAL

SCHEDULE 12: EQUIPMENT


Item
Weighing Scale
Fish Trays (Exitsting and still functional; bought 2 years ago)
Seine Net
Cast Net
TOTAL

SCHEDULE 13: ESTIMATED FISH POND DEVELOPMENT COST

Backhoe Rent per Hour


Number of Hours of Operation per Day
Number of Days of Operation

Times: Number of Fishpond Built

Miscellaneous expenses (15%)


TOTAL ESTIMATED POND DEVELOPMENT COST
30,000
90%
27,000 pcs.
160 grams
4,320 kg

₱120
518,400.00
4
2,073,600.00
2
₱4,147,200.00

Daily Per Cropping Annually


₱420.00 ₱ 50,400.00 ₱ 100,800.00
10% of the Net Income ₱ 13,420.80 ₱ 26,841.60
P1.50/estimated Kilos to be
₱ 6,480.00 ₱ 12,960.00
Harvested
₱ 70,300.80 ₱ 140,601.60

Per Pond Per Crop Annually


P 2,000.00/pc of solar power 10,000.00 40,000.00 80,000.00
P 9,000.00 18,000.00 72,000.00 144,000.00
TOTAL ₱ 112,000.00 ₱ 224,000.00

Year 1 Year 2 Year 3 Year 4 Year 5


₱34,272.00 ₱34,272.00 ₱34,272.00 ₱34,272.00 ₱34,272.00
300.00
5,000.00
30.00
200.00
5,530.00

3,000.00
5,000.00

Cost
₱ 5,530.00
₱ 500.00
₱ 450.00
₱ 100.00
₱ 1,200.00
₱ 550.00
₱ 150.00
₱ 330.00
₱ 95.00
₱ 8,905.00

Sched 1st Cropping 2nd Cropping Year 1 Year 2


7.A 199,500.00 199,500.00 399,000.00 399,000.00
7.B 182,875.00 182,875.00 365,750.00 365,750.00
7.C ₱ 16,625.00 ₱ 16,625.00 ₱ 33,250.00 ₱ 33,250.00

Total Cost Semi-annual Annually


75,000.00 3,750.00 ₱ 7,500.00
28,500.00 1,425.00 ₱ 2,850.00
1,760,000.00 88,000.00 ₱ 176,000.00
₱ 1,863,500.00 ₱ 93,175.00 ₱ 186,350.00

Montly Cost Semi-Annual Annual Cost


₱ 1,500.00 ₱ 9,000.00 ₱ 18,000.00
₱ 1,500.00 ₱ 9,000.00 ₱ 18,000.00

Quantity Unit Unity Price Total Cost


1 pc 50,000.00 50,000.00
2 pc 10,000.00 20,000.00
1 pc 5,000.00 5,000.00
₱ 75,000.00

Quantity Unit Unity Price Total Cost


1 pc 5,000.00 5,000.00
10 pc 600.00 6,000.00
1 pc 15,000.00 15,000.00
1 pc 2,500.00 2,500.00
₱ 28,500.00

ENT COST

2,500
8
20
400,000.00
4
1,600,000.00
160,000.00
1,760,000.00
Year 3 Year 4 Year 5 Year 6 Year 7 Year 8
399,000.00 399,000.00 399,000.00 399,000.00 399,000.00 399,000.00
365,750.00 365,750.00 365,750.00 365,750.00 365,750.00 365,750.00
₱ 33,250.00 ₱ 33,250.00 ₱ 33,250.00 ₱ 33,250.00 ₱ 33,250.00 ₱ 33,250.00
Year 9 Year 10
399,000.00 ###
365,750.00 ###
₱ 33,250.00 ###
SCHEDULE 1: TILAPIA SALES FORECAST

Fry Stocking Density per 3,000 sq. m pond


Expected Survival Rate
Number of Fry Survived
Target Average Body Weight (ABW) per Piece
Number of Kilos to be Harvested (BIOMASS)
[(27,000 pcs. x 160 grams)/1000]
Price per Kilo
Sales Per Pond
Times: Number of Fishponds
TOTAL SALES PER CROPPING

SCHEDULE 2:TILAPIA COST OF SALES

Fry Cost per Piece


Stocking Density
Total Fry Cost
Feed Cost:
TATEH Starter Premium Extrusink Fry Mash (10 kg) 60
(6 bags x Php 472.00 / bag)
TATEH Pre-starter Zero Surfer Pellet (20 kg)
(10 bags x Php 1,289.00 / bag) 200
TATEH Pre-Starter 1 Surfer Pellet (20 kg)
(21 bags x Php 1,148.00 / bag) 420
TATEH Starter Premium Extrufloat Pellet (25 kg)
(40 bags x Php 1,155.00 / bag). 1000
TATEH Grower Premium Extrufloat Pellet (25 kg) 3550
(142 bags x Php 1,100.00 / bag)
TATEH Finisher Premium Extrufloat Pellet (25 kg)
(50 bags x Php 1,095.00 / bag) 1250
Total 6480
Feed Delivery Cost
(6,480 kg. x Php 10 per kilo)
Total Feed Cost
Harvest Cost:
Expected Number of Kilos to be Harvested
Share of Harvest Personnel per Kilo
Total Harvest Cost
Cost of Sales per Fishpond
Times: Number of Fishponds
TOTAL COST OF SALES PER CROP

Times: Number of Croppings/Harvest Per Year


TOTAL COST OF SALES

1 CROPPING
FEEDS (1- 60 days)
Fry Cost per Piece
Stocking Density
Total Fry Cost
Feed Cost:
TATEH Starter Premium Extrusink Fry Mash (10 kg)
(6 bags x Php 472.00 / bag)
TATEH Pre-starter Zero Surfer Pellet (20 kg)
(10 bags x Php 1,289.00 / bag)
TATEH Pre-Starter 1 Surfer Pellet (20 kg)
(21 bags x Php 1,148.00 / bag)
TATEH Starter Premium Extrufloat Pellet (25 kg)
(40 bags x Php 1,155.00 / bag).
TATEH Grower Premium Extrufloat Pellet (25 kg)
(63 bags x Php 1,100.00 / bag)
Total
Feed Delivery Cost \
(3,255 kg. x Php 10.00 per kilo)
Total
Times: Number of Fishponds
TOTAL FEED COST

FEEDS (61-120 days)


PAYABLE *60 days TERM
TATEH Grower Premium Extrufloat Pellet (25 kg)
(79 bags x Php 1,100.00 / bag)
TATEH Finisher Premium Extrufloat Pellet (25 kg)
(50 bags x Php 1,095.00 / bag)
Total

Cash
Expected Number of Kilos to be Harvested
Share of Harvest Personnel per Kilo
Total Harvest Cost
Feed Delivery Cost
(3,225 kg. x Php 10.00 per kilo)
Total Cash Paid
Total
Times: Number of Fishponds
TOTAL FEED COST

SCHEDULE 2 - COST OF GOODS SOLD


Sched
Cost of Goods Sold 2.A
Cash paid 2.B
Accounts Payable- Feeds 2.C
30,000
90%
27,000 pcs.
160 grams
4,320 kg

₱110
475,200.00
4
₱1,900,800.00

₱1.00
30,000
₱30,000.00

₱2,832.00

12,890

24,108

46,200

156,200

54,750
296,980.00

64,800.00
361,780.00

4,320
1.5
6,480
₱398,260.00
4
1,593,040.00

₱3,186,080.00

₱1.00
30,000
₱30,000.00

₱2,832.00

12,890

24,108

46,200

69,300

₱155,330.00

32,550.00
₱217,880.00
4
₱871,520.00
86,900

54,750
₱141,650.00

4,320
1.5
6,480

32,250.00
₱38,730.00
₱180,380.00
4
₱721,520.00

1st Cropping 2nd Cropping Year 1 Year 2 Year 3


1,593,040.00 1,593,040.00 3,186,080.00 3,249,801.60 3,314,797.63
1,026,440.00 1,026,440.00 2,052,880.00 2,063,144.40 2,073,460.12
₱ 566,600.00 ₱ 566,600.00 ₱ 1,133,200.00 ₱ 1,186,657.20 ₱ 1,241,337.51
Year 4 Year 5 Year 6 Year 7 Year 8
3,381,093.58 3,448,715.46 3,517,689.77 3,588,043.56 3,659,804.43
2,083,827.42 2,094,246.56 2,104,717.79 2,115,241.38 2,125,817.59
₱ 1,297,266.16 ₱ 1,354,468.90 ₱ 1,412,971.97 ₱ 1,472,802.18 ₱ 1,533,986.84
Year 9 Year 10
3,733,000.52 ###
2,136,446.68 ###
₱ 1,596,553.84 ###
SCHEDULE 10: INCOME TAX EXPENSES

Year 1

Operating Income Before Income Tax

Tax on below 250,000.00


0%
Income Tax Due

Year 2

Operating Income Before Income Tax

Tax on below 250,000.00


0%
Income Tax Due

Year 3

Operating Income Before Income Tax

Tax on below 250,000.00


0%
Income Tax Due

Year 4

Operating Income Before Income Tax

Tax on below 400,000.00


15% of excess 400,000.00
Income Tax Due

Year 5

Operating Income Before Income Tax

Tax on below 400,000.00


15% of excess 400,000.00
Income Tax Due

Year 6
Operating Income Before Income Tax

Tax on below 400,000.00


15% of excess 400,000.00
Income Tax Due

Year 7

Operating Income Before Income Tax

Tax on below 800,000.00


25% of excess below 800,000.00
Income Tax Due

Year 8

Operating Income Before Income Tax

Tax on below 800,000.00


25% of excess below 800,000.00
Income Tax Due

Year 9

Operating Income Before Income Tax

Tax on below 800,000.00


25% of excess below 800,000.00
Income Tax Due

Year 10

Operating Income Before Income Tax

Tax on below 800,000.00


25% of excess below 800,000.00
Income Tax Due
(50,008.60)

-
-
- -

85,977.77

-
-
- -

230,904.66

-
-
- -

385,261.94

22,500.00
-
22,500.00 -

549,564.79

22,500.00
22,434.72 -
44,934.72 -
723,155.53

22,500.00
48,473.33
70,973.33

907,761.51

102,500.00
26,940.38
###

###

102,500.00
75,995.12
###

###

102,500.00
128,110.26
###

###

102,500.00
183,451.03
###
ANNUAL INCOME
P250,000 and below
Above P250,000 to P400,000
Above P400,000 to P800,000
Above P800,000 to P2,000,000
Above P2,000,000 to P8,000,000
Above P8,000,000
TAX RATE
None (0%)
15% of excess over P250,000
P22,500 + 20% of excess over P400,000
P102,500 + 25% of excess over P800,000
P402,500 + 30% of excess over P2,000,000
P2.2025 million + 35% of excess over P8 million
JUSAY FISHPOND
Mayabon, Zamboanguita, Negros Oriental

PROJECTED STATEMENT OF PROFIT OR LOSS


(Amounts in Philippine Pesos)

Sched 1st Cropping 2nd Cropping Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8

Sales 1 2,073,600.00 2,073,600.00 4,147,200.00 4,354,560.00 4,572,288.00 4,800,902.40 5,040,947.52 5,292,994.90 5,557,644.64 5,835,526.87
Cost of Sales 2A 1,593,040.00 1,593,040.00 3,186,080.00 3,249,801.60 3,314,797.63 3,381,093.58 3,448,715.46 3,517,689.77 3,588,043.56 3,659,804.43
Gross Income 480,560.00 480,560.00 961,120.00 1,104,758.40 1,257,490.37 1,419,808.82 1,592,232.06 1,775,305.13 1,969,601.08 2,175,722.44
Less: Administrative Expenses
Salaries and Wages 3 70,300.80 70,300.80 140,601.60 143,413.63 146,281.90 149,207.54 152,191.69 155,235.53 158,340.24 161,507.04
Lights and Water 4 112,000.00 112,000.00 224,000.00 228,480.00 233,049.60 237,710.59 242,464.80 247,314.10 252,260.38 257,305.59
Rent Expense - Land 5 17,136.00 17,136.00 34,272.00 34,272.00 34,272.00 34,272.00 34,272.00 35,471.52 36,713.02 37,997.98
Permits and Licenses 6 4,452.50 4,452.50 8,905.00 8,905.00 8,905.00 8,905.00 8,905.00 8,905.00 8,905.00 8,905.00
Interest Expense 7.A 199,500.00 199,500.00 399,000.00 399,000.00 399,000.00 399,000.00 399,000.00 399,000.00 399,000.00 399,000.00
Depreciation Expense 8 93,175.00 93,175.00 186,350.00 186,350.00 186,350.00 186,350.00 186,350.00 186,350.00 186,350.00 186,350.00
Repairs and Maintenance 9 9,000.00 9,000.00 18,000.00 18,360.00 18,727.20 19,101.74 19,483.78 19,873.45 20,270.92 20,676.34
Total 505,564.30 505,564.30 1,011,128.60 1,018,780.63 1,026,585.70 1,034,546.88 1,042,667.28 1,052,149.60 1,061,839.57 1,071,741.95
Operating Income Before Income Tax (25,004.30) (25,004.30) (50,008.60) 85,977.77 230,904.66 385,261.94 549,564.79 723,155.53 907,761.51 1,103,980.49
Less: Income Tax Expense-BIR 1901 10 - - - - - 22,500.00 44,934.72 70,973.33 129,440.38 178,495.12

Net Income (25,004.30) (25,004.30) (50,008.60) 85,977.77 230,904.66 362,761.94 504,630.07 652,182.20 778,321.14 925,485.37
DTI.FTEB
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Year 9 Year 10

6,127,303.22 6,433,668.38
3,733,000.52 3,807,660.53
2,394,302.70 2,626,007.85

164,737.18 168,031.93
262,451.70 267,700.74
39,327.91 40,704.39
8,905.00 8,905.00
399,000.00 399,000.00
186,350.00 186,350.00
21,089.87 21,511.67
1,081,861.66 1,092,203.71
1,312,441.03 1,533,804.13
230,610.26 285,951.03

1,081,830.78 1,247,853.10
JUSAY FISHPOND
Mayabon, Zamboanguita, Negros Oriental

PROJECTED STATEMENT OF CASH FLOW


(Amounts in Philippine Pesos)

Sched Pre-operating 1st Cropping 2nd Cropping Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Cash Flow from Operating Activities
Cash Inflows
Sales ₱ 2,073,600.00 ₱ 2,073,600.00 ₱ 4,147,200.00 ₱ 4,354,560.00 ₱ 4,572,288.00 ₱ 4,800,902.40 ₱ 5,040,947.52 ₱ 5,292,994.90 ₱ 5,557,644.64 ₱ 5,835,526.87 ₱ 6,127,303.22 ₱ 6,433,668.38
Total Cash Inflows ₱ - ₱ 2,073,600.00 ₱ 2,073,600.00 ₱ 4,147,200.00 ₱ 4,354,560.00 ₱ 4,572,288.00 ₱ 4,800,902.40 ₱ 5,040,947.52 ₱ 5,292,994.90 ₱ 5,557,644.64 ₱ 5,835,526.87 ₱ 6,127,303.22 ₱ 6,433,668.38
Cash Outflows
Cost of goods Sold 2.B ₱ - ₱ 1,026,440.00 ₱ 1,026,440.00 ₱ 2,052,880.00 ₱ 3,196,344.40 ₱ 3,260,117.32 ₱ 3,325,164.93 ₱ 3,391,512.72 ₱ 3,459,186.69 ₱ 3,528,213.35 ₱ 3,598,619.77 ₱ 3,670,433.52 ₱ 3,743,682.75
Salaries and Wages ₱ 70,300.80 ₱ 70,300.80 ₱ 140,601.60 ₱ 143,413.63 ₱ 146,281.90 ₱ 149,207.54 ₱ 152,191.69 ₱ 155,235.53 ₱ 158,340.24 ₱ 161,507.04 ₱ 164,737.18 ₱ 168,031.93
Lights and Water ₱ 112,000.00 ₱ 112,000.00 ₱ 224,000.00 ₱ 228,480.00 ₱ 233,049.60 ₱ 237,710.59 ₱ 242,464.80 ₱ 247,314.10 ₱ 252,260.38 ₱ 257,305.59 ₱ 262,451.70 ₱ 267,700.74
Rent Expense - Land ₱ 17,136.00 ₱ 17,136.00 ₱ 34,272.00 ₱ 34,272.00 ₱ 34,272.00 ₱ 34,272.00 ₱ 34,272.00 ₱ 35,471.52 ₱ 36,713.02 ₱ 37,997.98 ₱ 39,327.91 ₱ 40,704.39
Permits and Licenses ₱ 4,452.50 ₱ 4,452.50 ₱ 8,905.00 ₱ 8,905.00 ₱ 8,905.00 ₱ 8,905.00 ₱ 8,905.00 ₱ 8,905.00 ₱ 8,905.00 ₱ 8,905.00 ₱ 8,905.00 ₱ 8,905.00
Repair and Maintenance ₱ 9,000.00 ₱ 9,000.00 ₱ 18,000.00 ₱ 18,360.00 ₱ 18,727.20 ₱ 19,101.74 ₱ 19,483.78 ₱ 19,873.45 ₱ 20,270.92 ₱ 20,676.34 ₱ 21,089.87 ₱ 21,511.67
Income Tax Expense ₱ - ₱ - ₱ - ₱ - ₱ - ₱ 22,500.00 ₱ 44,934.72 ₱ 70,973.33 ₱ 129,440.38 ₱ 178,495.12 ₱ 230,610.26 ₱ 285,951.03
Total Cash Outflows - 1,239,329.30 1,239,329.30 2,478,658.60 3,629,775.03 3,701,353.03 3,796,861.81 3,893,764.72 3,996,959.62 4,134,143.30 4,263,506.84 4,397,555.44 4,536,487.50
Cash Provided by (Used in) Operating Activities - 834,270.70 834,270.70 1,668,541.40 724,784.97 870,934.97 1,004,040.59 1,147,182.80 1,296,035.28 1,423,501.34 1,572,020.03 1,729,747.78 1,897,180.88

Cash Flows from Investing Activities


Cash Inflows
Total Cash Inflows - - - - - - - - - - - - -
Cash Outflows
Purchase of Nipa Hut 11 75,000.00
Purchase of Equipment 12 28,500.00
Development of Fishpond 13 1,760,000.00
Total Cash Outflows 1,863,500.00 - - - - - - - - - - - -
Cash Provided by (Used in) Investing Activities (1,863,500.00) - - - - - - - - - - - -

Cash Flows from Financing Activities


Cash Inflows
Cash received as investment by owner 1,900,000.00
Total Cash Inflows 1,900,000.00 - - - - - - - - - - - -
Cash Outflows
Payment for Interest for the loaned amount 7.B 182,875.00 182,875.00 365,750.00 399,000.00 399,000.00 399,000.00 399,000.00 399,000.00 399,000.00 399,000.00 399,000.00 399,000.00
Payment for withdrawals of owner - 75,000.00 75,000.00 150,000.00 150,000.00 150,000.00 150,000.00 150,000.00 150,000.00 150,000.00 150,000.00 150,000.00 150,000.00
Total Cash Outflows - 257,875.00 257,875.00 515,750.00 549,000.00 549,000.00 549,000.00 549,000.00 549,000.00 549,000.00 549,000.00 549,000.00 549,000.00
Cash Provided by (Used in) Financing Activities 1,900,000.00 (257,875.00) (257,875.00) (515,750.00) (549,000.00) (549,000.00) (549,000.00) (549,000.00) (549,000.00) (549,000.00) (549,000.00) (549,000.00) (549,000.00)
Net Cash Provided By (Used In) ₱ 36,500.00 ₱ 576,395.70 ₱ 576,395.70 ₱ 1,152,791.40 ₱ 175,784.97 ₱ 321,934.97 ₱ 455,040.59 ₱ 598,182.80 ₱ 747,035.28 ₱ 874,501.34 ₱ 1,023,020.03 ₱ 1,180,747.78 ₱ 1,348,180.88
Cash at the Beginning of the Period - 18,250.00 18,250.00 36,500.00 1,189,291.40 1,365,076.37 1,687,011.34 2,142,051.93 2,740,234.73 3,487,270.01 4,361,771.35 5,384,791.38 6,565,539.16
Cash at the End of the Period ₱ 36,500.00 ₱ 594,645.70 ₱ 594,645.70 ₱ 1,189,291.40 ₱ 1,365,076.37 ₱ 1,687,011.34 ₱ 2,142,051.93 ₱ 2,740,234.73 ₱ 3,487,270.01 ₱ 4,361,771.35 ₱ 5,384,791.38 ₱ 6,565,539.16 ₱ 7,913,720.03
P

Sched Pre-operating 1st Cropping

ASSETS
Current Assets:
Cash and Cash Equivalents 36,500.00 594,645.70
Total Current Assets 36,500.00 594,645.70
Noncurrent Assets:
Nipa Hut 11 75,000.00 37,500.00
Accumulated Depreciation 3,750.00
Total 75,000.00 33,750.00

Equipment 12 28,500.00 14,250.00


Accumulated Depreciation 1,425.00
Total 28,500.00 12,825.00

Fishpond 13 1,760,000.00 880,000.00


Accumulated Depreciation 88,000.00
Total 1,760,000.00 792,000.00

Total Noncurrent Assets 1,863,500.00 838,575.00

TOTAL ASSETS 1,900,000.00 1,433,220.70

LIABILITIES AND OWNER'S


Liabilities:
Accounts Payable - Feeds 2.C ₱ 566,600.00
Interest Payable 7.C ₱ 16,625.00
Total Liabilities ₱ 583,225.00

Owner's Equity:
Capital, Beginning 1,900,000.00 849,995.70
Total Equity 1,900,000.00 849,995.70

TOTAL LIABILITIES AND EQUITY 1,900,000.00 1,433,220.70

- -
JUSAY FISHPOND
Mayabon, Zamboanguita, Negros Oriental

PROJECTED STATEMENTS OF FINANCIAL POSITION


(Amounts in Philippine Pesos)

2nd Cropping Year 1 Year 2 Year 3 Year 4

ASSETS

594,645.70 1,189,291.40 1,365,076.37 1,687,011.34 2,142,051.93


594,645.70 1,189,291.40 1,365,076.37 1,687,011.34 2,142,051.93

37,500.00 75,000.00 75,000.00 75,000.00 75,000.00


3,750.00 7,500.00 15,000.00 22,500.00 30,000.00
33,750.00 67,500.00 60,000.00 52,500.00 45,000.00

14,250.00 28,500.00 28,500.00 28,500.00 28,500.00


1,425.00 2,850.00 5,700.00 8,550.00 11,400.00
12,825.00 25,650.00 22,800.00 19,950.00 17,100.00

880,000.00 1,760,000.00 1,760,000.00 1,760,000.00 1,760,000.00


88,000.00 176,000.00 352,000.00 528,000.00 704,000.00
792,000.00 1,584,000.00 1,408,000.00 1,232,000.00 1,056,000.00

838,575.00 1,677,150.00 1,490,800.00 1,304,450.00 1,118,100.00

1,433,220.70 2,866,441.40 2,855,876.37 2,991,461.34 3,260,151.93

ABILITIES AND OWNER'S EQUITY

₱ 566,600.00 ₱ 1,133,200.00 ₱ 1,186,657.20 ₱ 1,241,337.51 ₱ 1,297,266.16


₱ 16,625.00 ₱ 33,250.00 ₱ 33,250.00 ₱ 33,250.00 ₱ 33,250.00
₱ 583,225.00 ₱ 1,166,450.00 ₱ 1,219,907.20 ₱ 1,274,587.51 ₱ 1,330,516.16

849,995.70 1,699,991.40 1,635,969.17 1,716,873.83 1,929,635.77


849,995.70 1,699,991.40 1,635,969.17 1,716,873.83 1,929,635.77

1,433,220.70 2,866,441.40 2,855,876.37 2,991,461.34 3,260,151.93

- - - - -
N

Year 5 Year 6 Year 7 Year 8 Year 9

2,740,234.73 3,487,270.01 4,361,771.35 5,384,791.38 6,565,539.16


2,740,234.73 3,487,270.01 4,361,771.35 5,384,791.38 6,565,539.16

75,000.00 75,000.00 75,000.00 75,000.00 75,000.00


37,500.00 45,000.00 52,500.00 60,000.00 67,500.00
37,500.00 30,000.00 22,500.00 15,000.00 7,500.00

28,500.00 28,500.00 28,500.00 28,500.00 28,500.00


14,250.00 17,100.00 19,950.00 22,800.00 25,650.00
14,250.00 11,400.00 8,550.00 5,700.00 2,850.00

1,760,000.00 1,760,000.00 1,760,000.00 1,760,000.00 1,760,000.00


880,000.00 1,056,000.00 1,232,000.00 1,408,000.00 1,584,000.00
880,000.00 704,000.00 528,000.00 352,000.00 176,000.00

931,750.00 745,400.00 559,050.00 372,700.00 186,350.00

3,671,984.73 4,232,670.01 4,920,821.35 5,757,491.38 6,751,889.16

₱ 1,354,468.90 ₱ 1,412,971.97 ₱ 1,472,802.18 ₱ 1,533,986.84 ₱ 1,596,553.84


₱ 33,250.00 ₱ 33,250.00 ₱ 33,250.00 ₱ 33,250.00 ₱ 33,250.00
₱ 1,387,718.90 ₱ 1,446,221.97 ₱ 1,506,052.18 ₱ 1,567,236.84 ₱ 1,629,803.84

2,284,265.84 2,786,448.04 3,414,769.17 4,190,254.54 5,122,085.31


2,284,265.84 2,786,448.04 3,414,769.17 4,190,254.54 5,122,085.31

3,671,984.73 4,232,670.01 4,920,821.35 5,757,491.38 6,751,889.16

- - - - -
Year 10

7,913,720.03
7,913,720.03

75,000.00
75,000.00
-

28,500.00
28,500.00
-

1,760,000.00
1,760,000.00
-

7,913,720.03

₱ 1,660,531.62
₱ 33,250.00
₱ 1,693,781.62

6,219,938.41
6,219,938.41

7,913,720.03

-
M

PROJECTED STA

1st Cropping 2nd Cropping Year 1


Owner's Equity:
Capital, Beginning 950,000.00 950,000.00 1,900,000.00
Net Income (25,004.30) (25,004.30) (50,008.60)
Total 924,995.70 924,995.70 1,849,991.40
Jusay, Withdrawals 75,000.00 75,000.00 150,000.00
Total Equity 849,995.70 849,995.70 1,699,991.40

-
JUSAY FISHPOND
Mayabon, Zamboanguita, Negros Oriental

PROJECTED STATEMENTS OF CHANGES IN OWNER'S EQUITY


(Amounts in Philippine Pesos)

Year 2 Year 3 Year 4 Year 5 Year 6

1,699,991.40 1,635,969.17 1,716,873.83 1,929,635.77 2,284,265.84


85,977.77 230,904.66 362,761.94 504,630.07 652,182.20
1,785,969.17 1,866,873.83 2,079,635.77 2,434,265.84 2,936,448.04
150,000.00 150,000.00 150,000.00 150,000.00 150,000.00
1,635,969.17 1,716,873.83 1,929,635.77 2,284,265.84 2,786,448.04

- - - - -
Year 7 Year 8 Year 9 Year 10

2,786,448.04 3,414,769.17 4,190,254.54 5,122,085.31


778,321.14 925,485.37 1,081,830.78 1,247,853.10
3,564,769.17 4,340,254.54 5,272,085.31 6,369,938.41
150,000.00 150,000.00 150,000.00 150,000.00
3,414,769.17 4,190,254.54 5,122,085.31 6,219,938.41
Year Cash Flow Cumulative Cash Flow

1 1,189,291.40 1,189,291.40
2 1,365,076.37 2,554,367.77 710,708.60 0.520637 6.24763815412
3 1,687,011.34 4,241,379.11
4 2,142,051.93 6,383,431.04
5 2,740,234.73 9,123,665.77
6 3,487,270.01 12,610,935.78
7 4,361,771.35 16,972,707.13
8 5,384,791.38 22,357,498.51
9 6,565,539.16 28,923,037.67
10 7,913,720.03 36,836,757.70

Payback Period 1 Year; 6 months; 7 days


7.42914462
Liquidity Ratios
Current ratio
Formula: Current asset Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Current liabilities 1.0 1.1 1.3 1.6 2.0 2.4 2.9

Acid-test ratio
Formula: Quick assets Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Current liabilities 1.0 1.1 1.3 1.6 2.0 2.4 2.9

Defensive interval
This ratio is used to reflect how many months of operation the organization has in liquid assets.
Formula: Cash + Marketable Securities + Receivables Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Average Monthly Expenses 14.1 9.4 11.5 14.5 18.4 23.2 28.8

Activity Ratios
Inventory turn-over
Formula: Cost of goods sold Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Average inventory 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Asset turn-over
Formula: Net revenue Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Average total assets 1.4 1.5 1.6 1.5 1.5 1.3 1.2

Solvency Ratios
Debt-to-assets ratio
Formula: Total liabilties Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Total assets 40.69% 42.72% 42.61% 40.81% 37.79% 34.17% 30.61%

Debt-to-equity ratio
Formula: Total debt Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Total owner's equity 68.62% 74.57% 74.24% 68.95% 60.75% 51.90% 44.10%

Profitability Ratios
Operating profit margin
Formula: Operating income Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Net income 100.00% 100.00% 100.00% 94.16% 91.82% 90.19% 85.74%

Return on assets
Formula: Net income Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Total assets -1.74% 3.01% 7.72% 11.13% 13.74% 15.41% 15.82%

Return on investment
Formula: Net income Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Total Cost of Investment (0.03) 0.05 0.12 0.19 0.27 0.35 0.42
Year 8 Year 9 Year 10
3.4 4.0 4.7

Year 8 Year 9 Year 10


3.4 4.0 4.7

Year 8 Year 9 Year 10


35.2 42.5 50.7

Year 8 Year 9 Year 10


0.0 0.0 0.0

Year 8 Year 9 Year 10


1.1 1.0 0.9

Year 8 Year 9 Year 10


27.22% 24.14% 21.40%

Year 8 Year 9 Year 10


37.40% 31.82% 27.23%
Year 8 Year 9 Year 10
83.83% 82.43% 81.36%

Year 8 Year 9 Year 10


16.07% 16.02% 15.77%

Year 8 Year 9 Year 10


0.50 0.58 0.67
OTHER INFOS:

1. ROI Target - 15-17% or not less than 10%

2. Labor Cost per Day 350.00


Number of Days of Culture (120 days per cropping) 240.00
Total Labor Cost
Plus 10% of income for - Industrial Manager

3. VAT EXEMPTED - Agri/Aquaculture Products

4. INCOME TAX - Tax as Individual taxpayer

5. PROPERTY TAX - SHOULDERED BY THE LAND OWNER

6. Water Fee - National Irrigation Administration (NIA) - 9,000 per harvest x 2 croppings = 18,000 per ye
-
7. Only Buildings:
Feed Storage (Payag Type) - 10,000
4 Feeding Station (Small Payag type for shading purposes) - 10,000
Harvest & Weighing Station ( For shading purposes) - 5,000

8. Equipments are only : Weighing Scale - 2,900 php (Existing and still functional; bought 2 years ago)
Fish Trays- 600 php (Exitsting and still functional; bought 2 years ago)
Drag Net - 5,000 ((Exitsting and still functional; bought 2 years ago))
Cast Net - 940 ( (Exitsting and still functional; bought 2 years ago)

9. DTI PROCESSING FEE

(New and Renewal) 300.00


Processing Fee 5,000.00
Documentary Stamp Tax 30.00
Certified True Copy of Certificate of Registration (C 200.00

Surcharge for late filing of Renewal Application


0 to 2 months after the expiration date 3,000.00
More than 2 months after the registration date 5,000.00

10. Sole Proprietorship

11. Land size is 2 Hectares- but only 1.5 Ha of the land will be used.
( 1.2 Ha - water area; 300 sq. is allocated for Pathway, Harvest & Weighing station and Feeds' storage )
12. Land rent- 34,272 per year or 2,856 per month

10. Lights - 5 pcs. Solar powered lamps (2,000 each)


84,000.00
₱96,112.00 180,112.00

croppings = 18,000 per year

oses) - 10,000

al; bought 2 years ago)


ught 2 years ago)
ht 2 years ago))
2 years ago)

tion and Feeds' storage )


SCHEDULE 7: SUPPLIES- FEEDS
Item No. of Kilograms per bag Quantity Unit Unit Price Delivery Fee
TATEH Starter Premium Extrusink Fry Mash 10 6 bags 472.00 200.00
TATEH Pre-starter Zero Surfer Pellet 20 10 bags 1,289.00 400.00
TATEH Pre-Starter 1 Surfer Pellet 20 21 bags 1,148.00 400.00
TATEH Starter Premium Extrufloat Pellet 25 40 bags 1,155.00 500.00
TATEH Grower Premium Extrufloat Pellet 25 142 bags 1,100.00 500.00
TATEH Finisher Premium Extrufloat Pellet 25 50 bags 1,095.00 500.00
TOTAL

Year 1 Year 2 Year 3 Year 4 Year 5


Feeds, Beginning ₱ 239,584.00 ₱ 270,729.92 ₱ 281,247.66 ₱ 289,924.67
Purchases 2,395,840.00 2,467,715.20 2,541,746.66 2,617,999.06 2,696,539.03
Total feeds available 2,395,840.00 2,707,299.20 2,812,476.58 2,899,246.71 2,986,463.70
Feeds, Ending 239,584.00 270,729.92 281,247.66 289,924.67 298,646.37
Total Feeds used ₱ 2,156,256.00 ₱ 2,436,569.28 ₱ 2,531,228.92 ₱ 2,609,322.04 ₱ 2,687,817.33
Total Cost/ Pond No. of Pond Per Crop Annually
3,032.00 4 2 24,256.00
13,290.00 4 2 106,320.00
24,508.00 4 2 196,064.00
46,700.00 4 2 373,600.00
156,700.00 4 2 1,253,600.00
55,250.00 4 2 442,000.00
2,395,840.00

Year 6 Year 7 Year 8 Year 9 Year 10


₱ 298,646.37 ₱ 307,608.16 ₱ 316,836.64 ₱ 326,341.76 ₱ 336,132.02
2,777,435.20 2,860,758.25 2,946,581.00 3,034,978.43 3,126,027.78
3,076,081.57 3,168,366.41 3,263,417.64 3,361,320.20 3,462,159.80
307,608.16 316,836.64 326,341.76 336,132.02 346,215.98
₱ 2,768,473.41 ₱ 2,851,529.77 ₱ 2,937,075.88 ₱ 3,025,188.18 ₱ 3,115,943.82

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