PIS

BASUU Point
Projected Income Statement
(Amounts in Php)
Year 1

Year 2

Year 3

GROSS SALES
a.) From bags and
accessories
b.) From repair and
convertion
TOTAL
Less: Sales Discounts
Sales Returns
and Allowances
TOTAL
Add: Purchases Discounts
Purchases Returns
and Allowances
TOTAL
Less: Cost of Sales
a.) From bags and
accessories
b.) From repair and
convertion
TOTAL
GROSS PROFIT
Less: OPERATING
EXPENSES
Salaries and Wages
Fringe Benefits
13th Month Pay
Advertising and
Promotion
Repairs and Maint.
Stationeries and
Office Supplies
Utilities
Rentals
Licenses
Depreciation
Miscellaneous
Expenses
TOTAL
NET INCOME
BEFORE TAX
Less: Income Tax
NET INCOME
AFTER TAX

Page 1

Year 4

Year 5

PIS

Page 2

PCFS
BASUU POINT
PROJECTED CASH-FLOW STATEMENT
(Amounts in Php)
Year 1

Year 2

Year 3

Page 3

Year 4

Year 5

IS YEAR 1

INCOME STATEMENT
December 31, 2015
Gross Sales
Less: Sales Discounts
Sales Returns and Allowances
NET SALES
Less: Cost of Sales
Total
Add: Purchases Discounts
Purchases Returns and Allowances
GROSS PROFIT
Less: Operating Expenses
Salaries and Wages
Fringe Benefits
13th Month Pay
Advertising and Promotion
Repairs and Maintenance
Stationeries and Office Supplies
Utilities
Rent
Licenses
Depreciation
Miscellaneous Expenses

0
0
0

0
0

0
0
0
0
0
0
0
0
0
0
0

NET INCOME BEFORE TAX

Less: Income Tax
NET INCOME AFTER TAX

0
0
0
0
0
0

0
0
0
0

Page 4

IS YEAR 1

Page 5

IS YEAR 2

INCOME STATEMENT
December 31, 2015
Gross Sales
Less: Sales Discounts
Sales Returns and Allowances
NET SALES
Less: Cost of Sales
Total
Add: Purchases Discounts
Purchases Returns and Allowances
GROSS PROFIT
Less: Operating Expenses
Salaries and Wages
Fringe Benefits
13th Month Pay
Advertising and Promotion
Repairs and Maintenance
Stationeries and Office Supplies
Utilities
Rent
Licenses
Depreciation
Miscellaneous Expenses

0
0
0

0
0

0
0
0
0
0
0
0
0
0
0
0

NET INCOME BEFORE TAX

Less: Income Tax
NET INCOME AFTER TAX

0
0
0
0
0
0

0
0
0
0

Page 6

IS YEAR 2

Page 7

IS YEAR 3

INCOME STATEMENT
December 31, 2015
Gross Sales
Less: Sales Discounts
Sales Returns and Allowances
NET SALES
Less: Cost of Sales
Total
Add: Purchases Discounts
Purchases Returns and Allowances
GROSS PROFIT
Less: Operating Expenses
Salaries and Wages
Fringe Benefits
13th Month Pay
Advertising and Promotion
Repairs and Maintenance
Stationeries and Office Supplies
Utilities
Rent
Licenses
Depreciation
Miscellaneous Expenses

0
0
0

0
0

0
0
0
0
0
0
0
0
0
0
0

NET INCOME BEFORE TAX

Less: Income Tax
NET INCOME AFTER TAX

0
0
0
0
0
0

0
0
0
0

Page 8

IS YEAR 3

Page 9

IS YEAR 4

INCOME STATEMENT
December 31, 2015
Gross Sales
Less: Sales Discounts
Sales Returns and Allowances
NET SALES
Less: Cost of Sales
Total
Add: Purchases Discounts
Purchases Returns and Allowances
GROSS PROFIT
Less: Operating Expenses
Salaries and Wages
Fringe Benefits
13th Month Pay
Advertising and Promotion
Repairs and Maintenance
Stationeries and Office Supplies
Utilities
Rent
Licenses
Depreciation
Miscellaneous Expenses

0
0
0

0
0

0
0
0
0
0
0
0
0
0
0
0

NET INCOME BEFORE TAX

Less: Income Tax
NET INCOME AFTER TAX

0
0
0
0
0
0

0
0
0
0

Page 10

IS YEAR 4

Page 11

IS year 5

INCOME STATEMENT
December 31, 2015
Gross Sales
Less: Sales Discounts
Sales Returns and Allowances
NET SALES
Less: Cost of Sales
Total
Add: Purchases Discounts
Purchases Returns and Allowances
GROSS PROFIT
Less: Operating Expenses
Salaries and Wages
Fringe Benefits
13th Month Pay
Advertising and Promotion
Repairs and Maintenance
Stationeries and Office Supplies
Utilities
Rent
Licenses
Depreciation
Miscellaneous Expenses

0
0
0

0
0

0
0
0
0
0
0
0
0
0
0
0

NET INCOME BEFORE TAX

Less: Income Tax
NET INCOME AFTER TAX

0
0
0
0
0
0

0
0
0
0

Page 12

IS year 5

Page 13