Casa Pasta

Pre-Operating Expense

Registration, Permits & Licenses

SEC 760.00
Deed of Partnership 500.00
Filing Fee 12.00
Fiscal Clearance 50.00
BIR 375.00
Mayor's Permit 1,500.00
Business Permit 1,500.00
Fire Permit 1,650.00
Sanitary Permit 1,450.00
Subtotal 7,797.00

Renovation
Materials 50,000.00
Labor 35,000.00
Subtotal 85,000.00

Admin and Marketing Expense

Advertising Expense 10,000.00
Employee Hiring 2,500.00
Employee Orientation & Training 7,500.00
Feasibility Study 5,000.00
Supplier Search 4,000.00
29,000.00

Total Pre- Operating Expense 121,797.00

 Casa Pasta
Project Start-up Cost

Pre-Operating Expense 121,797.00

Purchase of Assets 232,458.00
Allowance for Raw Materials (1mo) 121,494.50
Allowance for Store Supplies (1mo) 950.00
Allowance for Office Supplies (1mo) 458.00
Allowance for Sanitary Supplies (1mo) 1,450.00
Allowance for Salaries (1mo) 58,000.00
Payment for Rent (1yr) 300,000.00
Allowance for Utilities (1mo) 17,000.00
Allowance for Maintainance (1mo) 5,000.00
Allowance for Advertisements (1mo) 2,000.00

Total Project Start-up Cost 860,607.50

 Schedule 1. Raw Materials
2019 2020 2021
Raw Materials, Beginning - 43,738.02 46,799.68
Purchases 1,457,934.00 1,559,989.38 1,669,188.64
Raw Materials for Use 1,457,934.00 1,603,727.40 1,715,988.32
Raw Materials Ending 43,738.02 46,799.68 50,075.66
Raw Materials Used 1,414,195.98 1,556,927.72 1,665,912.66

Schedule 2. Store Supplies

2019 2020 2021
Store Supplies, Beginning - 342.00 365.94
Purchases 11,400.00 12,198.00 13,051.86
Store Supplies for Use 11,400.00 12,540.00 13,417.80
Store Supplies Ending 342.00 365.94 391.56
Store Supplies Used 11,058.00 12,174.06 13,026.24

Schedule 3. Office Supplies

2019 2020 2021
Office Supplies, Beginning - 164.88 176.42
Purchases 5,496.00 5,880.72 6,292.37
Office Supplies for Use 5,496.00 6,045.60 6,468.79
Office Supplies Ending 164.88 176.42 188.77
Office Supplies Used 5,331.12 5,869.18 6,280.02

Schedule 4. Sanitary Supplies

2019 2020 2021
Sanitary Supplies, Beginning - 522.00 558.54
Purchases 17,400.00 18,618.00 19,921.26
Sanitary Supplies for Use 17,400.00 19,140.00 20,479.80
Sanitary Supplies Ending 522.00 558.54 597.64
Sanitary Supplies Used 16,878.00 18,581.46 19,882.16

Schedule 5. Salaries and Allowances

Position Monthly Yearly
Head Chef 10,000.00 120,000.00
Production Crew (2) 16,000.00 192,000.00
Dining Crew (2) 16,000.00 192,000.00
Cashier (2) 16,000.00 192,000.00
Total 58,000.00 696,000.00
 Schedule 6. Rent Expense
Monthly Yearly
25,000.00 300,000.00

Schedule 7. Utility Expense

Monthly Yearly
Electricity 8,000.00 96,000.00
Water 2,500.00 30,000.00
Telecommunication Services 1,500.00 18,000.00
LPG 5,000.00 60,000.00
Total 17,000.00 204,000.00

Schedule 8. Maintainance Expense

Monthly Yearly
5,000.00 60,000.00

Schedule 9. Advertising Expenses

Monthly Yearly
2,000.00 24,000.00

Schedule 10. Depreciation Expense

Dining tools
Description Amount Useful Yrs. Depreciation
Plate (40pcs) 1,600.00 3 533.33
Fork (50pcs) 750.00 3 250.00
Spoon (50pcs) 750.00 3 250.00
Teaspoon (50pcs) 500.00 3 166.67
Knife (20pcs) 500.00 3 166.67
Saucers (40pcs) 1,000.00 3 333.33
Table Napkin (40pcs) 1,000.00 3 333.33
Place mat (20pcs) 700.00 3 233.33
Service tray (10pcs) 1,500.00 3 500.00
Drinking Glass (40pcs) 1,200.00 3 400.00
Subtotal 9,500.00 3,166.67

Store Tools
Description Amount Useful Yrs. Depreciation
Pan (4pcs) 2,000.00 3 666.67
Mixing Bowl (5pcs) 500.00 3 166.67
Spatulas (4pcs) 220.00 3 73.33
Strainer (4pcs) 180.00 3 60.00
Sifter (4pcs) 300.00 3 100.00
Chopping Board (2pcs) 300.00 3 100.00
Kitchen Knife (4pcs) 800.00 3 266.67
Tray (10pcs) 1,750.00 3 583.33
Plates (10pcs) 500.00 3 166.67
Measuring cup (2sets) 170.00 3 56.67
Cheese Grater (2pcs) 110.00 3 36.67
Baking pan (4pcs) 300.00 3 100.00
Thong (2pcs) 70.00 3 23.33
Carving knife (2pcs) 240.00 3 80.00
Laddle (4pcs) 100.00 3 33.33
Subtotal 7,540.00 2,513.33

Office tools
Description Amount Useful Yrs. Depreciation
Scissors (2pcs) 120.00 1 120.00
Stapler (1pc) 72.00 1 72.00
Puncher (1pc) 76.00 1 76.00
Tape Dispenser (1pc) 50.00 1 50.00
Subtotal 318.00 318.00

Cleaning tools
Description Amount Useful Yrs. Depreciation
Dustpan (2pcs) 100.00 1 100.00
Floor Pad (3pcs) 105.00 1 105.00
Trash can (2pcs) 300.00 1 300.00
Mop (2pcs) 1,400.00 1 1,400.00
Broom (2pcs) 200.00 1 200.00
Subtotal 2,105.00 2,105.00

Store Equipment
Description Amount Useful Yrs. Depreciation
Gas stove (1pc) 1,250.00 5 250.00
Chiller (1pc) 20,000.00 5 4,000.00
Freezer (1pc) 23,500.00 5 4,700.00
Microwave (1pc) 10,000.00 5 2,000.00
Oven (1pc) 20,000.00 5 4,000.00
Gas Range (1pc) 1,850.00 5 370.00
Food Warmer (1pc) 8,575.00 5 1,715.00
Exhaust Fan (2pcs) 4,000.00 5 800.00
Timer (1pc) 120.00 5 24.00
Juice Mixer/ Dispenser (2pcs) 11,000.00 5 2,200.00
Subtotal 100,295.00 20,059.00

Office Equipment
Description Amount Useful Yrs. Depreciation
Computer (2pcs) 20,000.00 5 4,000.00
Printer (1pc) 15,000.00 5 3,000.00
Calculator (2pcs) 500.00 5 100.00
Clock (3pcs) 900.00 5 180.00
Cash Register w/ printer (1pc) 4,300.00 5 860.00
Subtotal 40,700.00 8,140.00

Furniture And Fixture

Description Amount Useful Yrs. Depreciation
Tables (12pcs) 36,000.00 5 7,200.00
Chairs (40pcs) 30,000.00 5 6,000.00
Cabinet (2pcs) 3,600.00 5 720.00
Baby Chairs (2pcs) 2,400.00 5 480.00
Subtotal 72,000.00 14,400.00

TOTAL 232,458.00 50,702.00

 2022 2023
50,075.66 53,580.96
1,786,031.84 1,911,054.07
1,836,107.50 1,964,635.03
53,580.96 57,331.62
1,782,526.55 1,907,303.40

2022 2023
391.56 418.96
13,965.49 14,943.07
14,357.05 15,362.04
418.96 448.29
13,938.08 14,913.75

2022 2023
188.77 201.99
6,732.84 7,204.13
6,921.61 7,406.12
201.99 216.12
6,719.62 7,190.00

2022 2023
597.64 639.47
21,315.75 22,807.85
21,913.39 23,447.32
639.47 684.24
21,273.91 22,763.09
 Casa Pasta
Projected Income Statement
For the year ended 2018 - 2022

2019 2020 2021

Gross Sales 5,673,850.00 5,953,610.00 6,233,370.00
Less: Cost of Sales 1,414,195.98 1,556,927.72 1,665,912.66
Net Sales 4,259,654.02 4,396,682.28 4,567,457.34

Less: Operating Expenses

Pre-Operating Expense 121,797.00 - -
Store Supplies Used 11,058.00 12,174.06 13,026.24
Office Supplies Used 5,331.12 5,869.18 6,280.02
Sanitary Supplies Used 16,878.00 18,581.46 19,882.16
Salaries and Allowace Expences 696,000.00 696,000.00 696,000.00
Rent Expense 300,000.00 300,000.00 300,000.00
Utility Expense 204,000.00 204,000.00 204,000.00
Maintainance Expense 60,000.00 60,000.00 60,000.00
Advertising Expense 24,000.00 24,000.00 24,000.00
Depreciation Expense 50,702.00 50,702.00 50,702.00
Total OpEx 1,489,766.12 1,371,326.70 1,373,890.43
Net Income Before Tax 2,769,887.90 3,025,355.58 3,193,566.91
Less: Income Tax (30%) 830,966.37 907,606.67 958,070.07

NET INCOME 1,938,921.53 2,117,748.91 2,235,496.84

2

2022 2023
6,513,130.00 6,792,890.00
1,782,526.55 1,907,303.40
4,730,603.45 4,885,586.60

- -
13,938.08 14,913.75
6,719.62 7,190.00
21,273.91 22,763.09
696,000.00 696,000.00
300,000.00 300,000.00
204,000.00 204,000.00
60,000.00 60,000.00
24,000.00 24,000.00
50,702.00 50,702.00
1,376,633.62 1,379,568.83
3,353,969.84 3,506,017.77
1,006,190.95 1,051,805.33

2,347,778.89 2,454,212.44
 Casa Pasta
Projected Statement of Changes In Equity
For the years ended 2018-2022

2019 Partners P/L Ratio Capital, Beginning Share in P/L Total

Abanes, Capital 1/9 100,000.00 215,435.73 315,435.73
Acbang, Capital 1/9 100,000.00 215,435.73 315,435.73
Ambion, Capital 1/9 100,000.00 215,435.73 315,435.73
Carandang, Capital 1/9 100,000.00 215,435.73 315,435.73
Esmero, Capital 1/9 100,000.00 215,435.73 315,435.73
Generao, Capital 1/9 100,000.00 215,435.73 315,435.73
Humarang, Capital 1/9 100,000.00 215,435.73 315,435.73
Juanillo, Capital 1/9 100,000.00 215,435.73 315,435.73
Mendoza, Capital 1/9 100,000.00 215,435.73 315,435.73
Total 100% 900,000.00 1,938,921.53 2,838,921.53

2020 Partners P/L Ratio Capital, Beginning Share in P/L Total

Abanes, Capital 1/9 143,087.15 235,305.43 378,392.58
Acbang, Capital 1/9 143,087.15 235,305.43 378,392.58
Ambion, Capital 1/9 143,087.15 235,305.43 378,392.58
Carandang, Capital 1/9 143,087.15 235,305.43 378,392.58
Esmero, Capital 1/9 143,087.15 235,305.43 378,392.58
Generao, Capital 1/9 143,087.15 235,305.43 378,392.58
Humarang, Capital 1/9 143,087.15 235,305.43 378,392.58
Juanillo, Capital 1/9 143,087.15 235,305.43 378,392.58
Mendoza, Capital 1/9 143,087.15 235,305.43 378,392.58
Total 100% 1,287,784.31 2,117,748.91 3,405,533.21

2021 Partners P/L Ratio Capital, Beginning Share in P/L Total

Abanes, Capital 1/9 190,148.23 248,388.54 438,536.77
Acbang, Capital 1/9 190,148.23 248,388.54 438,536.77
Ambion, Capital 1/9 190,148.23 248,388.54 438,536.77
Carandang, Capital 1/9 190,148.23 248,388.54 438,536.77
Esmero, Capital 1/9 190,148.23 248,388.54 438,536.77
Generao, Capital 1/9 190,148.23 248,388.54 438,536.77
Humarang, Capital 1/9 190,148.23 248,388.54 438,536.77
Juanillo, Capital 1/9 190,148.23 248,388.54 438,536.77
Mendoza, Capital 1/9 190,148.23 248,388.54 438,536.77
Total 100% 1,711,334.09 2,235,496.84 3,946,830.93

2022 Partners P/L Ratio Capital, Beginning Share in P/L Total

Abanes, Capital 1/9 239,825.94 260,864.32 500,690.26
Acbang, Capital 1/9 239,825.94 260,864.32 500,690.26
 Ambion, Capital 1/9 239,825.94 260,864.32 500,690.26
Carandang, Capital 1/9 239,825.94 260,864.32 500,690.26
Esmero, Capital 1/9 239,825.94 260,864.32 500,690.26
Generao, Capital 1/9 239,825.94 260,864.32 500,690.26
Humarang, Capital 1/9 239,825.94 260,864.32 500,690.26
Juanillo, Capital 1/9 239,825.94 260,864.32 500,690.26
Mendoza, Capital 1/9 239,825.94 260,864.32 500,690.26
Total 100% 2,158,433.46 2,347,778.89 4,506,212.34

2023 Partners P/L Ratio Capital, Beginning Share in P/L Total

Abanes, Capital 1/9 291,998.80 272,690.27 564,689.07
Acbang, Capital 1/9 291,998.80 272,690.27 564,689.07
Ambion, Capital 1/9 291,998.80 272,690.27 564,689.07
Carandang, Capital 1/9 291,998.80 272,690.27 564,689.07
Esmero, Capital 1/9 291,998.80 272,690.27 564,689.07
Generao, Capital 1/9 291,998.80 272,690.27 564,689.07
Humarang, Capital 1/9 291,998.80 272,690.27 564,689.07
Juanillo, Capital 1/9 291,998.80 272,690.27 564,689.07
Mendoza, Capital 1/9 291,998.80 272,690.27 564,689.07
Total 100% 2,627,989.23 2,454,212.44 5,082,201.67
uity

Withdrawals Capital, Ending

172,348.58 143,087.15
172,348.58 143,087.15
172,348.58 143,087.15
172,348.58 143,087.15
172,348.58 143,087.15
172,348.58 143,087.15
172,348.58 143,087.15
172,348.58 143,087.15
172,348.58 143,087.15
1,551,137.22 1,287,784.31

Withdrawals Capital, Ending

188,244.35 190,148.23
188,244.35 190,148.23
188,244.35 190,148.23
188,244.35 190,148.23
188,244.35 190,148.23
188,244.35 190,148.23
188,244.35 190,148.23
188,244.35 190,148.23
188,244.35 190,148.23
1,694,199.13 1,711,334.09

Withdrawals Capital, Ending

198,710.83 239,825.94
198,710.83 239,825.94
198,710.83 239,825.94
198,710.83 239,825.94
198,710.83 239,825.94
198,710.83 239,825.94
198,710.83 239,825.94
198,710.83 239,825.94
198,710.83 239,825.94
1,788,397.47 2,158,433.46

Withdrawals Capital, Ending

208,691.46 291,998.80
208,691.46 291,998.80
 208,691.46 291,998.80
208,691.46 291,998.80
208,691.46 291,998.80
208,691.46 291,998.80
208,691.46 291,998.80
208,691.46 291,998.80
208,691.46 291,998.80
1,878,223.11 2,627,989.23

Withdrawals Capital, Ending

218,152.22 346,536.86
218,152.22 346,536.86
218,152.22 346,536.86
218,152.22 346,536.86
218,152.22 346,536.86
218,152.22 346,536.86
218,152.22 346,536.86
218,152.22 346,536.86
218,152.22 346,536.86
1,963,369.95 3,118,831.72
 Casa Pasta
Projected Cash Flow Statement
For the year ended 2018-2022

2018 2019 2020 2021

Cash Inflow
Capital Investments 900,000.00 - - -
Cash received from customers 5,673,850.00 5,953,610.00 6,233,370.00 6,513,130.00
Total Cash Inflow 6,573,850.00 5,953,610.00 6,233,370.00 6,513,130.00

Cash Outflows
Pre-operating expenses 121,797.00 - - -
Purchase of Fixed Assets:
Dining Tools 9,500.00 - - 9,500.00
Store Tools 7,540.00 - - 7,540.00
Office Tools 318.00 318.00 318.00 318.00
Cleaning Tools 2,105.00 2,105.00 2,105.00 2,105.00
Store Equipment 100,295.00 - - -
Office Equipment 40,700.00 - - -
Furniture & Fixture 72,000.00 - - -
Purchase of Raw Materials 1,457,934.00 1,559,989.38 1,669,188.64 1,786,031.84
Purchase of Store Supplies 11,400.00 12,198.00 13,051.86 13,965.49
Purchase of Office Supplies 5,496.00 5,880.72 6,292.37 6,732.84
Purchase of Sanitary Supplies 17,400.00 18,618.00 19,921.26 21,315.75
Payment for Salaries 696,000.00 696,000.00 696,000.00 696,000.00
Payment for Rent 300,000.00 300,000.00 300,000.00 300,000.00
Payment for Utilities 204,000.00 204,000.00 204,000.00 204,000.00
Payment for Maintainance 60,000.00 60,000.00 60,000.00 60,000.00
Payment for Advertisements 24,000.00 24,000.00 24,000.00 24,000.00
Payment for Taxes - 830,966.37 907,606.67 958,070.07
Partners' Drawings 1,551,137.22 1,694,199.13 1,788,397.47 1,878,223.11
Total Cash Outflow 4,681,622.22 5,408,274.60 5,690,881.27 5,967,802.10
Net Cash Provided/Used 1,892,227.78 545,335.40 542,488.73 545,327.90
Cash Beginning - 1,892,227.78 2,437,563.18 2,980,051.91
Cash Ending 1,892,227.78 2,437,563.18 2,980,051.91 3,525,379.81
 2022

-
6,792,890.00
6,792,890.00

-
-
318.00
2,105.00
-
-
-
1,911,054.07
14,943.07
7,204.13
22,807.85
696,000.00
300,000.00
204,000.00
60,000.00
24,000.00
1,006,190.95
1,963,369.95
6,211,993.03
580,896.97
3,525,379.81
4,106,276.78
 Casa Pasta
Projected Statement of Financial Position
For the year ended 2018-2022

2018 2019 2020

ASSET
Current Assets
Cash 1,892,227.78 2,437,563.18 2,980,051.91
Raw Materials 43,738.02 46,799.68 50,075.66
Store Supplies 342.00 365.94 391.56
Office Supplies 164.88 176.42 188.77
Sanitary Supplies 522.00 558.54 597.64
Total Current Assets 1,936,994.68 2,485,463.76 3,031,305.53

Non-current Assets, net

Dining Tools 6,333.33 3,166.67 -
Store Tools 5,026.67 2,513.33 -
Office Tools - - -
Cleaning Tools - - -
Store Equipment 80,236.00 60,177.00 40,118.00
Office Equipment 32,560.00 24,420.00 16,280.00
Furniture & Fixture 57,600.00 43,200.00 28,800.00
Total non-current Assets 181,756.00 133,477.00 85,198.00

TOTAL ASSETS 2,118,750.68 2,618,940.76 3,116,503.53

LIABILITIES AND PARTNER'S EQUITY

Current Liabilities
Income Tax Payable 830,966.37 907,606.67 958,070.07
Total Current Liabilities 830,966.37 907,606.67 958,070.07

Partner's Equity
Abanes, Capital 143,087.15 190,148.23 239,825.94
Acbang, Capital 143,087.15 190,148.23 239,825.94
Ambion, Capital 143,087.15 190,148.23 239,825.94
Carandang, Capital 143,087.15 190,148.23 239,825.94
Esmero, Capital 143,087.15 190,148.23 239,825.94
Generao, Capital 143,087.15 190,148.23 239,825.94
Humarang, Capital 143,087.15 190,148.23 239,825.94
Juanillo, Capital 143,087.15 190,148.23 239,825.94
Mendoza, Capital 143,087.15 190,148.23 239,825.94
Total Partners' Equity 1,287,784.31 1,711,334.09 2,158,433.46

TOTAL LIABILITIES AND PARTNERS'

EQUITY 2,118,750.68 2,618,940.76 3,116,503.53

- - -
n

2021 2022

3,525,379.81 4,106,276.78
53,580.96 57,331.62
418.96 448.29
201.99 216.12
639.47 684.24
3,580,221.18 4,164,957.05

6,333.33 3,166.67
5,026.67 2,513.33
- -
- -
20,059.00 -
8,140.00 -
14,400.00 -
53,959.00 5,680.00

3,634,180.18 4,170,637.05

1,006,190.95 1,051,805.33
1,006,190.95 1,051,805.33

291,998.80 346,536.86
291,998.80 346,536.86
291,998.80 346,536.86
291,998.80 346,536.86
291,998.80 346,536.86
291,998.80 346,536.86
291,998.80 346,536.86
291,998.80 346,536.86
291,998.80 346,536.86
2,627,989.23 3,118,831.72

3,634,180.18 4,170,637.05

- -
 Casa Pasta
Return on Investments

2017 2018 2019 2020

Net Income 1,938,921.53 2,117,748.91 2,235,496.84 2,347,778.89
Capital Investment 900,000.00 900,000.00 900,000.00 900,000.00
Return on Investment 215% 235% 248% 261%
 2021
2,454,212.44
900,000.00
273%
 Casa Pasta
Payback Period

Net Income(1yr)
= Ave. Monthly Income
12

1,938,921.53
= 161,576.79
12

Capital Investment
= Payback Period
Ave. Monthly Income

900,000.00
= 5.57
161,576.79
5mos & 17days