KINGSMAN PHARMACY

Daro, Dumaguete City, Neg. Or.

BALANCE SHEETS
As of December 31
(Amounts in Philippine Peso)

Schedules Year 1 Year 2 Year 3 Year 4 Year 5

ASSETS
Current Assets
Cash 381,851.59 39,332.87 (19,850.36) 642,612.09 1,449,058.14
Merchandise Inventory 600,463.26 720,555.91 798,616.14 879,078.21 967,046.08
Total Current Assets 982,314.85 759,888.78 778,765.78 1,521,690.30 2,416,104.22

Non-Current Assets
Property, Plant & Equipment
Land 124,200.00 124,200.00 124,200.00 124,200.00 124,200.00
Building Cost/Project Cost and Building Improvements 3 800,500.00 800,500.00 800,500.00 800,500.00 800,500.00
Equipments 3 209,623.00 209,623.00 209,623.00 209,623.00 209,623.00
Furniture and Fixtures 3 5,624.00 5,624.00 5,624.00 5,624.00 5,624.00
Computer and Computer Equipments 3 115,000.00 115,000.00 115,000.00 115,000.00 115,000.00
Total 1,254,947.00 1,254,947.00 1,254,947.00 1,254,947.00 1,254,947.00
Accumulated Depreciation - Building and Building Improvements 3.1, 3.2 16,010.00 32,020.00 48,030.00 64,040.00 80,050.00
Accumulated Depreciation - Equipments 3.1, 3.2 20,962.30 41,924.60 62,886.90 83,849.20 104,811.50
Accumulated Depreciation - Furniture & Fixtures 3.1, 3.2 562.40 1,124.80 1,687.20 2,249.60 2,812.00
Accumulated Depreciation - Computer and Computer Software 3.1, 3.2 11,500.00 23,000.00 34,500.00 46,000.00 57,500.00
Total Accumulated Depreciation 49,034.70 98,069.40 147,104.10 196,138.80 245,173.50
Net Book Value 1,205,912.30 1,156,877.60 1,107,842.90 1,058,808.20 1,009,773.50

Total Assets 2,188,227.15 1,916,766.38 1,886,608.68 2,580,498.50 3,425,877.72

LIABILITIES & OWNERS' EQUITY

Liabilities
Income Tax Payable 12 85,390.12 9,452.54 45,657.04 102,386.72 159,329.78
Loans Payable 7 1,066,666.67 533,333.33 - - -
Total Liabilities 1,152,056.79 542,785.87 45,657.04 102,386.72 159,329.78

OWNERS' EQUITY
Capital Beg. 2 500,000.00 1,036,170.36 1,373,980.51 1,840,951.64 2,478,111.78
Add: Net Income 536,170.36 337,810.15 466,971.13 637,160.15 788,436.15
Captal Ending 1,036,170.36 1,373,980.51 1,840,951.64 2,478,111.78 3,266,547.94
Total Owners' Equity 1,036,170.36 1,373,980.51 1,840,951.64 2,478,111.78 3,266,547.94

TOTAL LIABILITIES & OWNERS' EQUITY 2,188,227.15 1,916,766.38 1,886,608.68 2,580,498.50 3,425,877.72

(See Attached Schedules)

 KINGSMAN PHARMACY
Daro, Dumaguete City, Neg. Or.

PROJECTED INCOME STATEMENTS

For the Years Ended December 31
(Amounts in Philippine Peso)

Schedules Year 1 Year 2 Year 3 Year 4 Year 5

REVENUE
Medical Items 4 5,353,340.40 5,888,674.44 6,477,541.88 7,125,296.07 7,837,825.68
General Merchandise 4.2 2,340,738.00 2,574,811.80 2,832,292.98 3,115,522.28 3,427,074.51
Total 7,694,078.40 8,463,486.24 9,309,834.86 10,240,818.35 11,264,900.19

LESS : Cost of Sales

Cost of Sales 5 5,404,169.34 6,485,003.21 7,187,545.22 7,911,703.91 8,703,414.72
Total 5,404,169.34 6,485,003.21 7,187,545.22 7,911,703.91 8,703,414.72

GROSS PROFIT 2,289,909.06 1,978,483.03 2,122,289.64 2,329,114.44 2,561,485.46

LESS : OPERATING EXPENSES

Water Expense (1,500 x 12) 18,000.00 18,900.00 19,845.00 20,837.25 21,879.11
Power and Lights (6,000 x 12) 72,000.00 75,600.00 79,380.00 83,349.00 87,516.45
Office Supplies Expense 8 65,532.00 68,808.60 72,249.03 75,861.48 79,654.56
Other Maintenance & Operation Expense (3,000x12) 36,000.00 39,600.00 43,560.00 47,916.00 52,707.60
Communication, Telephone & Internet Expense (1,499x12) 17,988.00 18,887.40 19,831.77 20,823.36 21,864.53
Taxes and Licenses 6 71,780.00 62,042.43 66,930.42 72,274.40 78,118.33
Advertisement Expens 8 60,000.00 63,000.00 66,150.00 69,457.50 72,930.38
Interest Expense 7 128,000.00 85,333.33 42,666.67 - -
Depreciaion Expense 3.1, 3.2 49,034.70 49,034.70 49,034.70 49,034.70 49,034.70
TOTAL OPERATING EXPENSES 518,334.70 481,206.46 459,647.59 439,553.69 463,705.65

ADMINISTRATIVE EXPENSES
Salaries and Wages 10 1,071,653.88 1,071,653.88 1,071,653.88 1,071,653.88 1,071,653.88
SSS premium Contribution 11 66,960.00 66,960.00 66,960.00 66,960.00 66,960.00
Pag-ibig Contribution 11 6,600.00 6,600.00 6,600.00 6,600.00 6,600.00
Philhealth Contribution 11 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00
TOTAL ADMINISTRATIVE EXPENSES 1,150,013.88 1,150,013.88 1,150,013.88 1,150,013.88 1,150,013.88

TOTAL EXPENSES 1,668,348.58 1,631,220.34 1,609,661.47 1,589,567.57 1,613,719.53

NET INCOME BEFORE TAX 621,560.48 347,262.69 512,628.17 739,546.86 947,765.93

Less: Income Tax Expense 12 85,390.12 9,452.54 45,657.04 102,386.72 159,329.78
NET INCOME AFTER TAX 536,170.36 337,810.15 466,971.13 637,160.15 788,436.15

(See Attached Schedules)

 KINGSMAN PHARMACY
Daro, Dumaguete City, Neg. Or.

STATEMENTS OF CASH FLOW

For the Years Ended December 31
( Amounts in Philippine Peso )

Year 1 Year 2 Year 3 Year 4 Year 5

CASH FLOWS FROM OPERATING ACTIVITIES

Net income (loss) 536,170.36 337,810.15 466,971.13 637,160.15 788,436.15
Adjustments to reconcile net income
to net cash provided by (used in)
operating activities:
Depreciation 49,034.70 49,034.70 49,034.70 49,034.70 49,034.70
585,205.06 386,844.85 516,005.83 686,194.85 837,470.85
(Increase) decrease in:
Merchandise Invetory (600,463.26) (120,092.65) (78,060.22) (80,462.08) (87,967.87)
Increase (decrease) in:
Income Tax Payable 85,390.12 (75,937.58) 36,204.51 56,729.67 56,943.06

Net cash used in operating activities 70,131.92 190,814.62 474,150.11 662,462.44 806,446.05

CASH FLOWS FROM INVESTING ACTIVITIES

Property, plant and Equipment (1,254,947.00) - - - -

Net cash provided by investing activities (1,254,947.00) - - - -

CASH FLOWS FROM FINANCING ACTIVITIES

Capital 500,000.00 - - - -
Loans Payable 1,066,666.67 (533,333.33) (533,333.33) - -

Net cash provided by financing activities 1,566,666.67 (533,333.33) (533,333.33) - -

Net decrease in cash & cash equivalents 381,851.59 (342,518.72) (59,183.22) 662,462.44 806,446.05
Cash & cash equivalents - beginning - 381,851.59 39,332.87 (19,850.36) 642,612.09

Cash & cash equivalents - March 381,851.59 39,332.87 (19,850.36) 642,612.09 1,449,058.14

(See Accompanying Notes to Financial Statements)

381,851.59 39,332.87 (19,850.36) 642,612.09 1,449,058.14

- - - - -
 KINGSMAN PHARMACY
Daro, Dumaguete City, Neg. Or.
(Amounts in Philippine Peso)

Schedule 1

TOTAL PROJECT AND DEVELOPMENT COST

AMOUNT

A Building Cost/Construction Cost and Building Improvement 800,500.00

B Land 124,200.00

C Purchases of Equipments 209,623.00

D Purchases of Furniture and Fixture 5,624.00

E Purchases of Computer and Computer Software 115,000.00

TOTAL 1,254,947.00
 KINGSMAN PHARMACY
Daro, Dumaguete City, Neg. Or.
(Amounts in Philippine Peso)

Schedule 2

FINANCIAL PLAN

AMOUNT

Building Cost/Construction Cost and Building Improvements 800,500.00

Land 124,200.00

Purchases of Equipments 209,623.00

Purchases of Furniture and Fixture 5,624.00

Purchases of Computer and Computer Software 115,000.00

Operating Expenses - Half Year 834,174.29

Initital Capital Needed - 1st Year 2,089,121.29

Initial Capital 500,000.00

Amount to be Loan 1,600,000.00
Total Capital 2,100,000.00
 KINGSMAN PHARMACY
Daro, Dumaguete City, Neg. Or.

Schedule 3
SUMMARY OF SCHEDULES OF PROPERTY PLANT AND EQUIPMENT
(Amounts in Philippine Peso)

Year 1 Year 2 Year 3 Year 4 Year 5

Land 124,200.00 124,200.00 124,200.00 124,200.00 124,200.00

Building Cost/Construction Cost and Building Improvements 800,500.00 800,500.00 800,500.00 800,500.00 800,500.00
Equipments 209,623.00 209,623.00 209,623.00 209,623.00 209,623.00
Furniture and Fixtures 5,624.00 5,624.00 5,624.00 5,624.00 5,624.00
Computer and Computer Software 115,000.00 115,000.00 115,000.00 115,000.00 115,000.00
Total 1,254,947.00 1,254,947.00 1,254,947.00 1,254,947.00 1,254,947.00
Accumulated Depreciation - Building and Building Improvements 16,010.00 32,020.00 48,030.00 64,040.00 80,050.00
Accumulated Depreciation - Equipments 20,962.30 41,924.60 62,886.90 83,849.20 104,811.50
Accumulated Depreciation - Furniture & Fixtures 562.40 1,124.80 1,687.20 2,249.60 2,812.00
Accumulated Depreciation - Computer and Computer Software 11,500.00 23,000.00 34,500.00 46,000.00 57,500.00
Total 49,034.70 98,069.40 147,104.10 196,138.80 245,173.50

Net Book Value-Property, Plant and Equipment 1,205,912.30 1,156,877.60 1,107,842.90 1,058,808.20 1,009,773.50
Schedule 3.1 : Depreciation Expense (Straight Line Method)

Historical Cost Salvage Value

Land 124,200.00 -

Building Cost/Project Cost and Building Improvements 800,500.00 -

Equipments 209,623.00 -

Furniture and Fixtures 5,624.00 -

Computer and Computer Software 115,000.00 -

Total 1,254,947.00 -

Assumptions: Straight Line method is used in computation.

10% is the Salvage Value.
 Total
Useful Life Accumulated
Depreciation
- -

50 16,010.00

10 20,962.30

10 562.40

10 11,500.00
49,034.70
Schedule 3.2: Movement of Accumulated Depreciation & Depreciation Expense
Year 1 Year 2 Year 3 Year 4 Year 5

Accumulated Depreciation - Building and Building Improvements, 01/01 - 16,010.00 32,020.00 48,030.00 64,040.00
Depreciation Expense - Building and Building Improvements 16,010.00 16,010.00 16,010.00 16,010.00 16,010.00
Accumulated Depreciation -Building and Building Improvements, 12/31 16,010.00 32,020.00 48,030.00 64,040.00 80,050.00
Accumulated Depreciation - Equipments, 01/01 - 20,962.30 41,924.60 62,886.90 83,849.20
Depreciation Expense - Equipments 20,962.30 20,962.30 20,962.30 20,962.30 20,962.30
Accumulated Depreciation - Equipments, 12/31 20,962.30 41,924.60 62,886.90 83,849.20 104,811.50
Accumulated Depreciation - Furniture & Fixtures, 01/01 - 562.40 1,124.80 1,687.20 2,249.60
Depreciation Expense - Furniture & Fixtures 562.40 562.40 562.40 562.40 562.40
Accumulated Depreciation - Furniture & Fixtures, 12/31 562.40 1,124.80 1,687.20 2,249.60 2,812.00
Accumulated Depreciation - Computer and Computer Software, 01/01 - 11,500.00 23,000.00 34,500.00 46,000.00
Depreciation Expense - Computer and Computer Software 11,500.00 11,500.00 11,500.00 11,500.00 11,500.00
Accumulated Depreciation - Computer and Computer Software 12/31 11,500.00 23,000.00 34,500.00 46,000.00 57,500.00

Total Accumulated Depreciation, 01/01 - 49,034.70 98,069.40 147,104.10 196,138.80

Total Depreciation Expense 49,034.70 49,034.70 49,034.70 49,034.70 49,034.70

Total Accumulated Depreciation, 12/31 49,034.70 98,069.40 147,104.10 196,138.80 245,173.50

Schedule 4: REVENUE MEDICAL ITEMS
MEDICAL ITEMS
DESCRIPTION
ACETYLCYSTEINE 600MG SAC (FLUCYSTEINE 600) 10'S
ACICLOVIR 400MG TAB (XYCLOVIRAX) 30'S
ALUMINUM HYDROXINE MAGNESIUM HYDOXIDE (MEDALEM)
200MG/100MG PER 5ML 60ML
AMBROXOL 15MG/ML SYRUP (BROXOLVAN)60ML
ABROXOL 30MG TAB (SAPHROXOL T30) 100'S
ABROXOL 30MG/5ML SYRUP (COUXIN) 60ML
ABROXOL 75MG CAP (SAPHROXOL C75)100'S
AMLODIPINE +LOSARTAN TAB (KORAZON-l) 30'S
AMLODINPINE 10MG TAB (PHILVASC) 100'S
AMLODIPINE 5MG TAB (AMLOTEC) 90'S
AMOXIXILIN (MOXYLOR)100MG/ML ORAL DROPS 10ML
AMOXICILIN (VONWELT) 500MG 100'S
AMOXICILIN 500MG CAP (MYREX) 100'S
AMOXICILIN MYREX 250MG SUSP 60ML

AMPICILIN SODIUM SULBACTAN SODIUM (AMPICARE) 500MG/2500

POWDER FOR INJECTION (IM/IV) 10VIALS
ANTACID 200MG TAB (CALMSAPH) 100'S
ANTACID 200MG TAB (SHELOGEL) 100'S
ANTACID SYR MEDALEM 120ML
ASCORBIC 100MG/5ML SYRUP (APCEE) 60ML
ASCORBIC ACID (APCEE) 100MG/5ML 120ML
ASCORBIC ACID (VTCEE) 100MG/ML DROPS 15ML
ATORVASTATIN 40MG TAB (FULVAST) 100'S
ATORVVASTATIN ATORSAPH-20 20MG 20'S
AZITHROMYCIN 200MG/ML SUSP (HITHRO) 15ML
AZITHROMYCIN 500MG TAB (AZIMIN) 3'S
AZITHROMYCIN 500MG TAB (AZITHROM) 3'S
BETAHISTINE 16MG TAB (VERIST-16) 100'S
BP APPARATUS MTI-FRANCE
CALCIUM CARBONATE DRUGMAKER'S 500MG TAB 100'S
CARBAMAZEPINE 200MG TAB (MAZEPINE) 100'S
CARBOCISTEINE (CEASOL) 500MG/ML 15ML
CARBOCISTEINE (DIACOF) 250MG/5ML 60ML
CARBOCISTEINE (DIACOF) 250MG/5ML 60ML
CARBOCISTEINE VONCARTIN 500MG 100'S
CARVEDILOL (CARVIDA) 6.25 MG 30'S
CEFACLOR (CEFAR) 125MG/5ML SUSP 60ML
CEFACLOR (CEFAR) 250MG/5ML SUSP 60ML

CEFACLOR (CEFAR) 50MG/ML DROPS 10ML

CEFACLOR (CEFLOR) 250MG/5ML 60ML
CEFALEXIN (DIACEF) 250MG/5ML 60ML
Schedule 4.1: REVENUE ON GENERAL MERCHANDISE ITEM

GENERAL MERCHANDISE ITEM

CANNED SARDINES IN TOMATO SAUCE UNIT SRP SOLD PER DAY Amount
555 155g 17.25 1 17.25
555 Bonus Pack 155g 15.50 1 15.50
Atami Green 155g 14.90 1 14.90
Family's Budget Pack Plain 130g 14.25 1 14.25
Family's Bonus Pack Plain 155g 17.00 1 17.00
Family's Premium Plain 155g 17.50 1 17.50
Family's Regular Pack Plain 155g 17.25 1 17.25
Hakata (Easy Open) 155g 16.80 1 16.80
Hakone Regular 155g 13.40 1 13.40
King Cup Non-Easy Open 155g 15.75 1 15.75
Ligo (Easy Open) - Luzon 155g 17.50 1 17.50
Ligo (Easy Open) - VizMin 155g 17.60 1 17.60
Lucky 7 155g 15.50 1 15.50
Master Bonus Pack 155g 17.00 1 17.00
Master Green 155g 17.25 1 17.25
Mega (Easy Open) 155g 17.60 1 17.60
Mikado 155g 14.90 1 14.90
Rose Bowl - NCR 155g 17.75 1 17.75
Rose Bowl - Luzon/Viz/Min 155g 18.05 1 18.05
Saba - NCR 155g 17.20 1 17.20
Saba - Luzon/Viz/Min 155g 17.50 1 17.50
Toyo Green 155g 15.50 1 15.50
Toyo Green Easy Open 155g 16.00 1 16.00
Young’s Town (Easy Open) 155g 16.50 1 16.50
Young’s Town Bonus 155g 13.25 1 13.25
Young’s Town Premium 155g 16.00 1 16.00

PROCESSED MILK

CONDENSED MILK
Alaska Sweetened Filled Milk 168mL 38.50 1 38.50
Alaska Sweetened Filled Milk (Tetra Pack) 250mL 49.00 1 49.00
Alaska Sweetened Filled Milk 300mL 57.00 1 57.00
Milkmaid Full Cream Milk * 300mL 72.00 1 72.00

CONDENSADA
Alaska 168mL 28.00 1 28.00
Alaska (Tetra Pack) 250mL 39.75 1 39.75
Alaska 300mL 43.50 1 43.50
Carnation * 168mL 37.50 1 37.50
Carnation 300mL 54.50 1 54.50
Cow Bell * 300mL 30.75 1 30.75
Liberty * 168mL 28.75 1 28.75
Liberty 300mL 44.00 1 44.00

EVAPORATED MILK
Alaska Filled Milk 154mL 22.50 1 22.50
Alaska Filled Milk (Tetra Pack) 250mL 30.25 1 30.25
Alaska Filled Milk 370mL 41.00 1 41.00
Alpine Full Cream Milk * 154mL 29.75 1 29.75
Alpine Full Cream Milk * 370mL 57.00 1 57.00
Angel Filled Milk 410mL 39.00 1 39.00
Carnation * 154mL 20.50 1 20.50
Carnation 370mL 37.50 1 37.50

EVAPORADA
Alaska * 370mL 26.25 1 26.25
Cow Bell * 370mL 21.00 1 21.00

POWDERED MILK
Alaska Powdered Milk Drink 150g-15g 43.50 1 43.50
Anchor Full Cream Milk 150g 73.30 1 73.30
Bear Brand 150g 50.00 1 50.00
Birch Tree Full Cream Milk 150g 63.40 1 63.40

COFFEE REFILL
Blend 45 - Supermarket 25g 16.75 1 16.75
Café Puro 25g 19.70 1 19.70
Great Taste (Granules) SMKT 25g 18.75 1 18.75
Great Taste (Premium) SMKT 25g 17.75 1 17.75
Nescafe (Classic) 25g 19.70 1 19.70
Blend 45 – Supermarket 50g 33.50 1 33.50
Café Puro 50g 39.75 1 39.75

COFFEE REFILL
Great Taste (Granules) SMKT 50g 37.50 1 37.50
Great Taste (Premium) SMKT 50g 35.50 1 35.50
Nescafe (Classic) 50g 39.40 1 39.40
COFFEE 3-in-1 ORIGINAL
Blend 45 20g 4.10 1 4.10
Café Puro 17g 4.30 1 4.30
Great Taste Twin Pack 33g 7.85 1 7.85
Kopiko Black * 30g 7.00 1 7.00
Nescafe Blend and Brew 28g 5.85 1 5.85
San Mig Coffee 3-in-1 Original 20g 5.35 1 5.35

BREAD
Pinoy Tasty 450g 35.00 1 35.00
Pinoy Pandesal (10pcs./pack) 250g 21.50 1 21.50

INSTANT NOODLES – CHICKEN & BEEF FLAVOR

Ho-mi 55g 7.20 1 7.20
Lucky Me! - Supermarket 55g 7.75 1 7.75
Payless – Supermarket 55g 6.50 1 6.50
Quickchow - GMA/Luzon/Visayas 55g 6.60 1 6.60
Quickchow - Mindanao 55g 6.45 1 6.45

SALT

IODIZED ROCK SALT

Lasap Rock Salt 250g 5.35 1 5.35
Fidel Coarse (Red) - Luzon and Visayas 250g 6.85 1 6.85
Fidel Coarse (Red) - Mindanao 250g 7.80 1 7.80
Lasap Rock Salt 500g 9.85 1 9.85
Fidel Coarse (Red) - Luzon and Visayas 500g 13.40 1 13.40
Fidel Coarse (Red) - Mindanao 500g 14.50 1 14.50
Lasap Rock Salt 1kg 18.65 1 18.65

IODIZED SALT
Lasap Iodized Salt 100g 3.55 1 3.55
Lasap Iodized Salt 250g 6.70 1 6.70
Fidel Free Flowing (Green) - Luzon and Visayas 250g 10.25 1 10.25
Fidel Free Flowing (Green) - Mindanao 250g 10.85 1 10.85
Fidel Refined (Blue) - Luzon and Visayas 250g 7.35 1 7.35
Fidel Refined (Blue) - Mindanao 250g 8.10 1 8.10
Lasap Iodized Salt 500g 12.40 1 12.40
Fidel Free Flowing (Green) - Luzon and Visayas 500g 18.10 1 18.10
Fidel Free Flowing (Green) - Mindanao 500g 19.40 1 19.40
Fidel Refined (Blue) - Luzon and Visayas 500g 14.45 1 14.45
Fidel Refined (Blue) - Mindanao 500g 16.00 1 16.00
Lasap Iodized Salt 1kg 23.55 1 23.55

DETERGENT SOAP/LAUNDRY SOAP

Bareta Bar (Blue, Kalamansi, Speckled Blue) 360g 17.70 1 17.70
Bonux (Flower Fiesta, Kalamansi) 380g 21.00 1 21.00
Budget Bar (Blue) 380g 16.35 1 16.35
Budget Bar (Pink Carnation, Sunflower Fresh, Citrus 380g 17.25
Scent, Purple Blossom) 1 17.25
Champion Bar (Supra Clean and Citrus Fresh) 390g 20.00 1 20.00
Speed Bar (White with Tawas, Speckled Blue, Kalamansi) 380g 20.00
1 20.00
Speed Bar Regular (Blue) 380g 19.00 1 19.00
Surf Bar (Blue) 380g 18.50 1 18.50
Surf Bar (Kalamansi) 380g 21.00 1 21.00
Surf Bar (Tawas) 380g 21.00 1 21.00
Tide Bar Original Scent 380g 21.00 1 21.00

BOTTLED WATER

DISTILLED WATER
Absolute 350mL 11.00 1 11.00
Absolute 500mL 15.00 1 15.00
Absolute 1L 25.50 1 25.50
Absolute 6L 78.00 1 78.00
SM Bonus 325mL 6.00 1 6.00
SM Bonus 500mL 8.00 1 8.00
SM Bonus 6L 50.00 1 50.00
Wilkins 330mL 12.00 1 12.00
Wilkins 500mL 17.00 1 17.00
Wilkins 1L 25.00 1 25.00
Wilkins 6+1L 85.00 1 85.00

BOTTLED WATER

PURIFIED WATER
Magnolia Pure 355mL 8.50 1 8.50
Magnolia Pure 500mL 10.50 1 10.50
Magnolia Pure 1L 19.50 1 19.50
Natures Spring 500mL 9.90 1 9.90
Natures Spring 1L 15.40 1 15.40
Refresh 500mL 6.75 1 6.75
SM Bonus 300mL 5.00 1 5.00
Wilkins Pure 500mL 12.00 1 12.00
Wilkins Pure 1L 23.00 1 23.00

MINERALIZED WATER
Hidden Spring 330mL 8.00 1 8.00
Hidden Spring 500mL 11.00 1 11.00
Refresh 350mL 6.00 1 6.00
Refresh 500mL 8.25 1 8.25
Robinsons Mall 500mL 9.50 1 9.50
Summit 350mL 10.00 1 10.00
Summit 500mL 13.50 1 13.50
Summit 1L 21.50 1 21.50
Summit 6L 72.00 1 72.00
Supersavers Nature’s Pure 330mL 6.50 1 6.50
Supersavers Nature’s Pure 500mL 7.95 1 7.95
Viva - Nationwide 330mL 12.00 1 12.00
Viva - Nationwide 500mL 13.00 1 13.00
Viva - Nationwide 1L 22.00 1 22.00

CANDLES
5-Star Esperma White (20pcs./pack) #03 41.00 1 41.00
5-Star Esperma White (25pcs./pack) #06 88.00 1 88.00
5-Star Esperma White (5pcs./pack) #08 115.00 1 115.00
5-Star Esperma White (4pcs./pack) #14 27.50 1 27.50
5-Star Esperma White (2pcs./pack) #22 90.00 1 90.00
Export Candles White (20pcs./pack) #03 32.00 1 32.00
Export Candles White (20pcs./pack) #05 49.75 1 49.75
Export Candles White (20pcs./pack) #06 69.75 1 69.75
Export Candles White (12pcs./pack) #08 49.75 1 49.75
Export Candles White (10pcs./pack) #10 59.75 1 59.75
Export Candles White (10pcs./pack) #12 59.75 1 59.75
Export Candles White (8pcs./pack) #14 59.75 1 59.75
Export Candles White (4pcs./pack) #16 29.75 1 29.75
Export Candles White (4pcs./pack) #18 39.75 1 39.75
Export Candles White (4pcs./pack) #19 79.75 1 79.75
Export Candles White (2pcs./pack) #20x2 54.75 1 54.75
Export Candles White (4pcs./pack) #20x4 99.75 1 99.75
Export Vigil Candles White/Yellow (12pcs./pack) #01 49.75 1 49.75
Export Vigil Candles White/Yellow (4pcs./pack) #2x4 44.75 1 44.75
Export Vigil Candles White/Yellow (6pcs./pack) #2x6 69.75 1 69.75
Liwanag Esperma Candle White (20pcs./pack) #03 54.00 1 54.00
Liwanag Esperma Candle White (20pcs./pack) #05 72.00 1 72.00
Liwanag Esperma Candle White (4pcs./pack) #16 38.00 1 38.00
Liwanag Esperma Candle White (4pcs./pack) #18 62.50 1 62.50
Liwanag Esperma Candle White (2pcs./pack) #24 145.75 1 145.75
Manila Wax Sperma White (10pcs./pack) #02 46.00 1 46.00
Manila Wax Sperma White (20pcs./pack) #03 56.00 1 56.00
Manila Wax Sperma White (20pcs./pack) #04 40.50 1 40.50
Manila Wax Sperma White (4pcs./pack) #14 46.00 1 46.00
Manila Wax Sperma White (2pcs./pack) #16 51.00 1 51.00
Manila Wax Votive White/Yellow (6pcs./pack) #01 71.00 1 71.00
Manila Wax Votive White/Yellow (6pcs./pack) #02 61.00 1 61.00
Manila Wax Votive White/Yellow (6pcs./pack) #03 51.00 1 51.00

PRIME COMMODITIES

LUNCHEON MEAT
CDO 165g 31.50 1 31.50
Purefoods Chinese Style 165g 32.50 1 32.50

MEAT LOAF
555 150g 17.70 1 17.70
Argentina 150g 18.30 1 18.30
CDO 150g 16.95 1 16.95
Gusto 150g 16.50 1 16.50
Winner - Supermarket 150g 16.50 1 16.50
Argentina 170g 19.80 1 19.80

CORNED BEEF
Argentina 150g 32.00 1 32.00
Bingo 150g 18.50 1 18.50
CDO 150g 26.50 1 26.50
El Rancho - Supermarket 150g 26.00 1 26.00
Purefoods Star 150g 30.00 1 30.00
Winner - Supermarket 150g 28.00 1 28.00
Young’s Town Premium 150g 29.00 1 29.00
Argentina 175g 37.00 1 37.00
Ligo Premium - Luzon 175g 35.80 1 35.80
Ligo Premium - VizMin 175g 36.20 1 36.20

BEEF LOAF
555 150g 17.70 1 17.70
Argentina 150g 17.20 1 17.20
Bingo 150g 15.75 1 15.75
CDO 150g 16.95 1 16.95
Purefoods 150g 18.15 1 18.15
El Rancho – SMKT 155g 16.25 1 16.25
Argentina 170g 19.70 1 19.70
Purefoods 200g 24.90 1 24.90

CONDIMENTS

VINEGAR – GIN AND PET BOTTLE

Amihan Cane – SMKT 350ml 10.40 1 10.40
Amihan Cane - WMKT 350ml 11.00 1 11.00
Datu Puti - White Vinegar – SMKT 350ml 14.20 1 14.20
Datu Puti - White Vinegar - WMKT 350ml 14.70 1 14.70
Silver Swan - SMKT 350ml 14.20 1 14.20

VINEGAR – DOY / REFILL PACK

Silver Swan Sukang Puti Doy Pack - SMKT 200ml 6.40 1 6.40
Silver Swan Sukang Puti Doy Pack - WMKT 200ml 6.80 1 6.80

PATIS – GIN / PET BOTTLE

Datu Puti – SMKT 350ml 21.40 1 21.40
Datu Puti – WMKT 350ml 22.50 1 22.50
Lorins PET Bottle ** 350ml 19.90 1 19.90
Nelicom Special – SMKT 350ml 24.50 1 24.50
Nelicom Special – WMKT 350ml 25.65 1 25.65
Silver Swan Special 350ml 20.95 1 20.95

PATIS – DOY PACK / BUDGET PACK

Lorins – Pouch ** 150ml 9.90 1 9.90
Lorins – Budget Pouch ** 350ml 18.25 1 18.25

SOY SAUCE – GIN / PET BOTTLE

Datu Puti – SMKT 340ml 16.55 1 16.55
Datu Puti – WMKT 340ml 17.35 1 17.35
Silver Swan - SMKT 340ml 16.55 1 16.55

SOY SAUCE – DOY PACK / REFILL PACK

Silver Swan Doy Pack – SMKT 200ml 8.75 1 8.75
Silver Swan Doy Pack - WMKT 200ml 9.20 1 9.20

TOILET SOAP
Green Cross (Pure Care) 55g 12.50 1 12.50
Green Cross (Pure Care) 85g 21.80 1 21.80
Green Cross (Pure Care) 125g 31.75 1 31.75
Safeguard White 60g 17.75 1 17.75
Safeguard White 90g 29.25 1 29.25
Safeguard White 135g 40.50 1 40.50
Palmolive Naturals, Pink, Papaya, Green, Light Blue 55g 13.25
(Milk) 1 13.25

BATTERIES
Eveready Heavy Duty Small Red - pack of 2 AA 27.00 1 27.00
Eveready Super Heavy Duty Small Black - pack of 2 AA 39.95 1 39.95
Eveready Heavy Duty Small Red - pack of 4 AA 44.00 1 44.00
Energizer Max – pack of 4 AA 172.00 1 172.00
Eveready Heavy Duty Big Red – pack of 2 D 47.25 1 47.25
Eveready Super Heavy Duty Big Black – pack of 2 D 65.00 1 65.00

Total 6,502.05

Sales for the Month 6,502.05 x 30 days = 195,061.50

Sales for the Year 195,061.50 x 12 days = 2,340,738.00

SALES 1st Year 2nd Year 3rd Year 4th Year 5th Year
GENERAL MERCHANDISE 2,340,738.00 2,574,811.80 2,832,292.98 3,115,522.28 3,427,074.51
Total 2,340,738.00 2,574,811.80 2,832,292.98 3,115,522.28 3,427,074.51

Assumptions:

* Sold items per day was base on estimates

* 10% Incremental increase of sales every year
Schedule 5: Cost of Sales

Year 1 Year 2 Year 3 Year 4 Year 5

Beginning Inventory:
Beg. Inventory - Medical Items - 401,500.53 481,800.64 533,995.70 587,796.78
Beg. Inventory - General Merchandise Items - 198,962.73 238,755.28 264,620.43 291,281.44
Total Beg. Inventory - 600,463.26 720,555.91 798,616.14 879,078.21
Add: Purchases - Medical Items 4,015,005.30 4,416,505.83 4,858,156.41 5,343,972.05 5,878,369.26
Add: Purchases - General Merchandise Items 1,989,627.30 2,188,590.03 2,407,449.03 2,648,193.94 2,913,013.33
Total Goods Available for Sale 6,004,632.60 7,205,559.12 7,986,161.36 8,790,782.13 9,670,460.80
Less: Ending Inventory:
Ending Inventory - Medical Items 401,500.53 481,800.64 533,995.70 587,796.78 646,616.60
Ending Inventory - General Merchandise Items 198,962.73 238,755.28 264,620.43 291,281.44 320,429.48
Total Ending Inventory 600,463.26 720,555.91 798,616.14 879,078.21 967,046.08
Total Cost of Sale 5,404,169.34 6,485,003.21 7,187,545.22 7,911,703.91 8,703,414.72

Assumption: Cost of Medical Items is 75% of the Total Sales per year.
Cost of General Merchandise is 85% of the Total Sales per year.
Estimated Ending Inventory of 15% of Total Goods Available for Sale
Schedule 6 : Taxes and Licenses
Year 1 Year 2 Year 3 Year 4 Year 5
Taxes and Licenses:
Business Tax / Mayor's Permit Processing 39,250.00 61,542.43 66,430.42 71,774.40 77,618.33
BIR Registration Fee 500.00 500.00 500.00 500.00 500.00
DTI 2,030.00 - - - -
FDA for LTO 30,000.00
Total 71,780.00 62,042.43 66,930.42 72,274.40 78,118.33

Business Tax / Mayor's Permit Processing: Year 1 Year 2 Year 3 Year 4 Year 5
Business Tax (1% of Gross Income) 25,000.00 42,317.43 46,549.17 51,204.09 56,324.50
City Engineers Annual Inspection Fee 10,000.00 10,500.00 11,025.00 11,576.25 12,155.06
Sanitary Permit 650.00 5,000.00 5,000.00 5,000.00 5,000.00
Fire Department Annual Fee 2,500.00 2,625.00 2,756.25 2,894.06 3,038.77
Garbage Fee 300.00 300.00 300.00 300.00 300.00
Pest Control Fees 200.00 200.00 200.00 200.00 200.00
Signboard Fees 100.00 100.00 100.00 100.00 100.00
Other Processing Fees 500.00 500.00 500.00 500.00 500.00
Total 39,250.00 61,542.43 66,430.42 71,774.40 77,618.33

Assumptions *1st year of Operation is computed based on the Capitalization of the Company.
*In Renewal/2nd Year of business the computation of Business Tax is
based on the sales of previous year operation, which is 1% of Sales
*Annual fee of City Engineer and Fire Dept. with 5% increase per year
Schedule 7: Loan Amortization Schedule

Years Interest Principal Total Payments Balance

1,600,000.00
Year 1 128,000.00 533,333.33 661,333.33 1,066,666.67
Year 2 85,333.33 533,333.33 618,666.67 533,333.33
Year 3 42,666.67 533,333.33 576,000.00 -

Total 256,000.00 1,600,000.00 1,856,000.00

Assumptions: Amount to be loan is 1.4M with bank interest rate of 8% per annum
Schedule 8: Office and Kitchen Supplies

Price Qty. Total Year 1 Year 2 Year 3

Office Supplies:
Bond Paper (Rim) 145.00 2 290.00 3,480.00 3,654.00 3,836.70
Ballpen 35.00 5 175.00 2,100.00 2,205.00 2,315.25
Ink Re-fill 120.00 2 240.00 2,880.00 3,024.00 3,175.20
Folders 8.00 5 40.00 480.00 504.00 529.20
Stapler 125.00 1 125.00 1,500.00 1,575.00 1,653.75
Envelope 20.00 2 40.00 480.00 504.00 529.20
Push Pins (Box) 39.00 2 78.00 936.00 982.80 1,031.94
Paper Clip (Box) 45.00 2 90.00 1,080.00 1,134.00 1,190.70
Puncher 120.00 1 120.00 1,440.00 1,512.00 1,587.60
Planner 150.00 1 150.00 1,800.00 1,890.00 1,984.50
Cartridge Ink Re-fill 320.00 2 640.00 7,680.00 8,064.00 8,467.20
Receipt Rolls 125.00 5 625.00 7,500.00 7,875.00 8,268.75
Tissue Paper 81.00 2 162.00 1,944.00 2,041.20 2,143.26
Dishwashing Soap 43.00 2 86.00 1,032.00 1,083.60 1,137.78
Air Freshener comfort rooms 510.00 2 1,020.00 12,240.00 12,852.00 13,494.60
Bleach 620.00 2 1,240.00 14,880.00 15,624.00 16,405.20
Trash Bag 85.00 4 340.00 4,080.00 4,284.00 4,498.20
Total 65,532.00 68,808.60 72,249.03

Assumptions 5% Increase in every year.

Year 4 Year 5

4,028.54 4,229.96
2,431.01 2,552.56
3,333.96 3,500.66
555.66 583.44
1,736.44 1,823.26
555.66 583.44
1,083.54 1,137.71
1,250.24 1,312.75
1,666.98 1,750.33
2,083.73 2,187.91
8,890.56 9,335.09
8,682.19 9,116.30
2,250.42 2,362.94
1,194.67 1,254.40
14,169.33 14,877.80
17,225.46 18,086.73
4,723.11 4,959.27
75,861.48 79,654.56
Schedule 9: Advertisement Expense

Price Year 1 Year 2 Year 3 Year 4 Year 5

Radio 3,000.00 36,000.00 37,800.00 39,690.00 41,674.50 43,758.23
Newspaper 2,000.00 24,000.00 25,200.00 26,460.00 27,783.00 29,172.15

Total 60,000.00 63,000.00 66,150.00 69,457.50 72,930.38

Assumptions: 5% Increase in every year.

Schedule 10: Salaries and Wages

Year 1-5

Position Monthly Rate Annual Salary No. of Person

Pharmacist 37,050.00 444,600.00 1
Officer in Charge 15,866.94 190,403.28 1
Stock analyst 12,693.55 152,322.60 1
Pharmacist assistant 23,694.00 284,328.00 1
Total 1,071,653.88 4

OVERALL TOTAL SALARY

13TH MONTH PAY

 Total
444,600.00
190,403.28
152,322.60
284,328.00
1,071,653.88

1,071,653.88

89,304.49
Schedule 11: SSS, Philhealth and Pag-ibig Contribution

YEAR 1 - 5

Monthly No. of
Position Annual Salary SSS
Salary (/ 12) Person
Pharmacist 444,600.00 37,050.00 1 1,630.00
Officer in Charge 190,403.28 15,866.94 1 1,310.00
Stock analyst 152,322.60 12,693.55 1 1,010.00
Pharmacist assistant 284,328.00 23,694.00 1 1,630.00
Total 1,071,653.88 89,304.49 4 5,580.00

Montly Annual
OVER ALL TOTAL SSS PAYMENT 5,580.00 66,960.00
OVER ALL TOTAL PHILHEALTH PAYMENT 550.00 6,600.00
OVER ALL TOTAL PAG-IBIG PAYMENT 400.00 4,800.00
PHILHELATH PAG-IBIG

137.50 100.00
137.50 100.00
137.50 100.00
137.50 100.00
550.00 400.00
Schedule 12: Income Tax Computation

Year 1

Gross Taxable Income

Less:
Personal Exemption
Additional Exemption
Total Net Taxable Income

**Income Tax Computation: Based on Table

1st 400,000.00
Excess of 400,000 but not morethan 800,000
Total Tax Due

Year 2

Gross Taxable Income

Less:
Personal Exemption
Additional Exemption
Total Net Taxable Income

**Income Tax Computation: Based on Table

1st 250,000.00
Excess of 250,000 but not morethan 400,000
Total Tax Due

Year 3

Gross Taxable Income

Less:
Personal Exemption
Additional Exemption
Total Net Taxable Income

**Income Tax Computation: Based on Table

1st 400,000.00
Excess of 400,000 but not morethan 800,000
Total Tax Due

Year 4

Gross Taxable Income

Less:
Personal Exemption
Additional Exemption
Total Net Taxable Income

**Income Tax Computation: Based on Table

 1st 400,000.00
Excess of 400,000 but not morethan 800,000
Total Tax Due

Year 5

Gross Taxable Income

Less:
Personal Exemption
Additional Exemption
Total Net Taxable Income

**Income Tax Computation: Based on Table

1st 800,000.00
Excess of 800,000 but not morethan 2,000,000
Total Tax Due
621,560.48

-
-
621,560.48

30,000.00
55,390.12
85,390.12

347,262.69

50,000.00
-
297,262.69

-
9,452.54
9,452.54

512,628.17

50,000.00
-
462,628.17

30,000.00
15,657.04
45,657.04

739,546.86

50,000.00
-
689,546.86
 30,000.00
72,386.72
102,386.72

947,765.93

50,000.00
-
897,765.93

130,000.00
29,329.78
159,329.78
 KINGSMAN PHARMACY
Daro, Dumaguete City, Neg. Or.

FINANCIAL RATIO ANAYLYSIS

Year 1 Year 2 Year 3 Year 4 Year 5

A. Gross Profit Margin = Gross Profit 2,289,909.06 = 30% 1,978,483.03 = 23% 2,122,289.64 = 23% 2,329,114.44 = 23% 2,561,485.46 = 23%
Sales 7,694,078.40 8,463,486.24 9,309,834.86 10,240,818.35 11,264,900.19

B. Net Profit Margin = Net Income 536,170.36 = 7% 337,810.15 = 4% 466,971.13 = 5% 637,160.15 = 6% 788,436.15 = 7%
Sales 7,694,078.40 8,463,486.24 9,309,834.86 10,240,818.35 11,264,900.19

C. Return on Equity = Net Income 536,170.36 = 26% 337,810.15 = 16% 466,971.13 = 22% 637,160.15 = 30% 788,436.15 = 38%
Total Investment 2,089,121.29 2,089,121.29 2,089,121.29 2,089,121.29 2,089,121.29

D. Return of Investment = Net Income 536,170.36 = 26% 337,810.15 = 16% 466,971.13 = 22% 637,160.15 = 30% 788,436.15 = 38%
( ROI ) Total Investment 2,089,121.29 2,089,121.29 2,089,121.29 2,089,121.29 2,089,121.29
E. Pay Back Period

Total Investment / Fund Balance - Yearly Earning

Total Investment:
Building Cost
Land
Equipments
Furniture and Fixtures
Computer and Computer Software
Operating Expenses - Half Year
Total

Investment 2,089,121.29 Total

1 536,170.36 1,552,950.93
2 337,810.15 1,215,140.78
3 466,971.13 748,169.65
4 637,160.15 111,009.51
5 788,436.15 -

Remaining

= 788,436.15
360

Year Even Income Per Day = 2,190.10 per day

= 111,009.51
2,190.10

= 50.69 / 30 days

= 1.69 months
Payback Period is 4 years and 1 month and 21 days
early Earning

800,500.00
124,200.00
209,623.00
5,624.00
115,000.00
834,174.29
2,089,121.29

1.69

13.80

20.7