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Projected Income Statement

The projected income statement outlines financial figures for five years in Philippine Pesos, showing steady growth in sales from ₱600,000 in Year 1 to ₱630,816.35 in Year 5. Operating income increases from ₱87,997.23 to ₱119,258.88, while net income rises from ₱78,102.93 to ₱109,364.58 over the same period. Total operating expenses remain relatively stable, contributing to the overall profitability of the business.

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Projected Income Statement

The projected income statement outlines financial figures for five years in Philippine Pesos, showing steady growth in sales from ₱600,000 in Year 1 to ₱630,816.35 in Year 5. Operating income increases from ₱87,997.23 to ₱119,258.88, while net income rises from ₱78,102.93 to ₱109,364.58 over the same period. Total operating expenses remain relatively stable, contributing to the overall profitability of the business.

Uploaded by

Lovely Francisco
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Projected Income Statement (5 Years)

All figures are in Philippine Pesos (₱).

Category Year 1 Year 2 Year 3 Year 4 Year 5


Sales ₱600,000.00 ₱607,560.00 ₱615,215.26 ₱622,966.97 ₱630,816.35
Less: Cost of ₱322,500.00 ₱322,500.00 ₱322,500.00 ₱322,500.00 ₱322,500.00
Sales
Gross ₱277,500.00 ₱285,060.00 ₱292,715.26 ₱300,466.97 ₱308,316.35
Income

Salaries ₱160,000.00 ₱160,000.00 ₱160,000.00 ₱160,000.00 ₱160,000.00


Expense
Rent ₱20,000.00 ₱20,000.00 ₱20,000.00 ₱20,000.00 ₱20,000.00
Expense
Sanitary ₱1,119.00 ₱735.70 ₱735.70 ₱735.70 ₱735.70
Expense
Supplies ₱671.00 ₱609.00 ₱609.00 ₱609.00 ₱609.00
Expense
Depreciation ₱2,231.07 ₱2,231.07 ₱2,231.07 ₱2,231.07 ₱2,231.07
Expense
Utilities ₱5,481.70 ₱5,481.70 ₱5,481.70 ₱5,481.70 ₱5,481.70
Expense
Total ₱189,502.77 ₱189,057.47 ₱189,057.47 ₱189,057.47 ₱189,057.47
Operating
Expenses
Operating ₱87,997.23 ₱95,002.53 ₱103,657.79 ₱111,409.50 ₱119,258.88
Income
(EBIT)
Less: Income ₱9,894.30 ₱9,894.30 ₱9,894.30 ₱9,894.30 ₱9,894.30
Tax Expense
Net Income ₱78,102.93 ₱85,108.23 ₱93,763.49 ₱101,515.20 ₱109,364.58
Accumulate ₱2,231.07 ₱4,462.14 ₱6,693.21 ₱8,924.28 ₱11,155.35
d
Depreciation

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