CHAPTER VI

Financial Studies

Tools and Equipments

Descriptions Quanity Unit Cost

Computer 15 15,000.00
Power Supply 15 1,150.00
Printer w/ scanner 1 5,990.00
Headphones 15 250.00
Web camera 15 200.00
Router 1 2,000.00
Air Conditioner 1 15,000.00
Rack Table/ 5 sets each 15 6,000.00
Monobloc chair 15 252.00
Mouse pad 15 20.00
Clerical Table 1 3,000.00
Legal Requirement to start Business
Preparation of the Room for Internet Café Purpose
Initial Payment to acquire internet,
water and electric service
Miscellaneous Fixed Asset
Microsoft Software
Grand Total

Office Supplies
Descriptions Quanity Unit Cost
Bond paper (short) 3 ream 229.50
Bond paper (long) 3 ream 254.00
Photopaper A4 5 packs 160
Staple 2 21.00
Staple wire 4 box 34.75
Fire Extinguiser 1 1,300.00
Telephone 1 549.00
Ball pen 10 7.00
1 Columnar Notebook 21.00
Paper Eraser 5 15.00
Calculator 1 565.00
Air Freshener 3 190.00
Broom Mop 1 150.00
Trash Can 1 120.00
Dusting Cloth 2 50.00
Soap 12 5.00
Total Expenses
Salaries and Wages

Descriptions Qty. Daily Rate

Secretary 1 250.00
Cashier 1 250.00
Computer Technician 1 300.00
Computer Attendants 4 250 x 4
Total 1,800.00

Note" Sample =C66*0.05+D66 equal to year 2

Operating Expenses
Descriptions Monthly Year 1
Salaries & Wages 46,800.00 561,600.00
Rent Expenses 15,000.00 180,000.00
Electricity 15,000.00 180,000.00
Water 300.00 3600.00
Repairs and Maintenance 1,000.00 12,000.00
Office supplies 6,011.50 72,138.00
Miscellaneous Expenses 1,000.00 12,000.00
Taxes and Licenses 3,000.00 36,000.00
Insurance Expense 2,000.00 24,000.00
MyDSL Internet Broadband 3,000.00 36,000.00
Total Opearating Expenses 93,111.50 1,117,338.00

Amortization

FINANCING SOURCE (Terms and Condition

Bank : FICCO
Amount of Loan 500,000.0
Term of Loan : 2 years
Interest : 10% Per Annum
Mode of Payment : Quarterly basis and based on level rate
Others : 1 year grace period on the principal

Sales Analysis 2014-2015

Gross Sales 2014

Services Service Hours

Fee
Internet gaming/surfing 10 24
Printing Black and white 2 24
Colored Printing 5 24
Photo Printing 25 24
Encoding with printing 10 24
Scanning 15 24
Total Gross Sales

Gross Sales 2015

Services Service Hours
Fee
Internet gaming/surfing 10 24
Printing Black and white 2 24
Colored Printing 5 24
Photo Printing 25 24
Encoding with printing 10 24
Scanning 15 24
Total Gross Sales
Total Cost
225,000.00
17,250.00
5,990.00
3,750.00
3,000.00
2,000.00
15,000.00
90,000.00
3,780.00
300.00
3,000.00
2000
5,000.00
1,600.00

5,000.00
3,200.00
385,870.00

Total Cost
688.50
762.00
800
42.00
139.00
1,300.00
549.00
70
21.00
 75.00
565.00
570.00
150.00
120.00
100.00
60.00
6,011.50

Monthly Rate

6,500.00
6,500.00
7,800.00
26,000.00
46,800.00

5+D66 equal to year 2 Business permit

Mayors permit
Sanitary permit
Year 2 Barangay permit
589,680.00 DTI
180,000.00 Filing fee
189,000.00 Total
3780.00
12,600.00
75,744.90
12,600.00
36,000.00
24,000.00
37,800.00
1,161,204.90

Lapasan
 500,000.00

ased on level rate

n the principal

Unit/Day Total/Day Total/Year

Consumption 340 day/year
15 3,600.00 1,224,000.00
25 1,200.00 408,000.00
10 1,200.00 408,000.00
15 9,000.00 3,060,000.00
20 4800 1,632,000.00
15 5,400.00 1,836,000.00
25,200.00 8,568,000.00

Unit/Day Total/Day Total/Year

Consumption 340 day/year
15 3600 1,224,000.00
25 1,200.00 408,000.00
15 1,800.00 612,000.00
20 12,000.00 4,080,000.00
22 5,280.00 1,795,200.00
20 7,200.00 2,448,000.00
31,080.00 10,567,200.00
 1000
300
200
500
500
250
2,750.00
 Year 1 (2014)
Sales 8,568,000.00

Less: Operating Expenses

Salaries & Wages 561,600.00
Rent Expenses 180,000.00
Electricity 180,000.00
Water 3,600.00
Repairs and Maintenance 12,000.00
Office supplies 72,138.00
Miscellaneous Expenses 12,000.00
Taxes and Licenses 36,000.00
Insurance Expense 24,000.00
DSL Internet 36,000.00
Loan Expense 27,500.00
Depreciation 77174.00
Total Operating Expenses 1,222,012.00

Net Income before Tax 7,345,988.00

Less: Income Tax 15% 2,706,760.00
Total Net Income 4,639,228.00
Year 2 (2015)
10,567,200.00

589,680.00
180,000.00
189,000.00
3780.00
12,600.00
75,744.90
12,600.00
36,000.00
24,000.00
37,800.00
27,500.00 500000*0.10+500000/2
77174.00 385870convert using depreciation
1,265,878.90

9,301,321.10 from sales 2014 deduct total operating expenses =Net Income before Tax
3,346,504.00 From total sales convert to tax using philippine income tax calculator
5,954,817.10 net income before tax minus less: income tax 15%
59,800.00 717,600.00
 Year 1 (2014) Year 2 (2015)
Cash Inflows
Equity 4,639,228.00 5,954,817.10
Cash 8,568,000.00 10,567,200.00

Total Cash Flows 13,207,228.00 16,522,017.10

Cash Outflows
Salaries & Wages 561,600.00 589,680.00
Rent Expenses 180,000.00 180,000.00
Electricity 180,000.00 189,000.00
Water 3,600.00 3780.00
Repairs and Maintenance 12,000.00 12,600.00
Office supplies 72,138.00 75,744.90
Miscellaneous Expenses 12,000.00 12,600.00
Taxes and Licenses 36,000.00 36,000.00
Insurance Expense 24,000.00 24,000.00
DSL Internet 36,000.00 37,800.00
Loan Expense 27500 27,500.00
Depreciation 77,174.00 77,174.00

Total 1,222,012.00 1,265,878.90

Net Cash Flows 11,985,216.00 15,256,138.20

Ending Balance 13,207,228.00 16,522,017.10
from Total cash flows minus total from cash outflows
From Net cash flow plus total from cash flow
385370 231222
115611
 Year 1 Year 2
Asset
Cash 8,568,000.00 10,567,200.00
Tools and Equipments 385,870.00 385,870.00
Total Asset 8,953,870.00 10,953,070.00

Liabilities
Salaries & Wages 561,600.00 589,680.00
Rent Expenses 180,000.00 180,000.00
Electricity 180,000.00 189,000.00
Water 3,600.00 3780.00
Repairs and Maintenanc 12,000.00 12,600.00
Office supplies 72,138.00 75,744.90
Miscellaneous Expenses 12,000.00 12,600.00
Taxes and Licenses 36,000.00 36,000.00
Insurance Expense 24,000.00 24,000.00
DSL Internet 36,000.00 37,800.00
Loan Expense 27,500.00 27,500.00
Depreciation 77,174.00 77,174.00

Total Liabilities 1,222,012.00 1,265,878.90

Owner Equity 7,731,858.00 9,687,191.10 from total asset minus total liabilities
Total Earnings and Liabilitie 8,953,870.00 10,953,070.00 from total liabilities plus owner equity =tota
asset minus total liabilities
liabilities plus owner equity =total earnings and liabilities