We do it right!

Heights Construction Company Ltd

Head Office: Utawala, Queensway Road
P.O Box 41746-00100 Nairobi, Kenya
Telephone: +254 7217 48 238, +254-20-239-2806
Email: heights.hccl@gmail.com, info@heightsconstructioncompany.co.ke
Website: http//www.heightsconstructioncompany.co.ke

Cash Flow Projection

Starting date Jun-14
Cash balance alert minimum 0 0 0 0 0 0 0 0 0 0 0 0

Beginning Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Total
Cash on hand (beginning of month) 72,000 206,000 460,000 784,849 1,614,698 1,986,347 2,275,196 2,453,045 2,958,094 3,419,943 4,340,525 4,550,374

CASH RECEIPTS
Monthly Payments on Contracts 300,000 300,000 700,000 1,300,000 210,000 650,000 280,000 430,000 910,000 1,100,000 500,000 700,000 7,380,000
Discounts and allowances 0 0 0 0 0 0 0 0 0 0 0 0 0
Final Accounts Payment 100,000 70,000 90,000 120,000 200,000 30,000 73,000 90,000 0 0 0 200,000 973,000
Retention released in issue of warranty and
final certificate 0 0 0 0 100,000 0 0 273,000 0 70,000 0 0 443,000
Other Income 70,000 130,000 100,000 0 0 0 300,000 50,000 40,000 0 0 690,000
Returns on Investment 0 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 3,300,000
TOTAL CASH RECEIPTS 400,000 740,000 1,220,000 1,820,000 810,000 980,000 653,000 1,393,000 1,260,000 1,510,000 800,000 1,200,000 12,786,000
Total cash available 0 472,000 946,000 1,680,000 2,604,849 2,424,698 2,966,347 2,928,196 3,846,045 4,218,094 4,929,943 5,140,525 5,750,374

CASH PAID OUT

Advertising 0 0 80,000 0 0 0 0 80,000 0 0 0 0 160,000
Commissions and fees 0
Contract labor 130,000 100,000 210,000 150,000 51,000 135,000 75,000 129,000 90,000 150,000 150,000 210,000 1,580,000
Employee benefit programs/Salaries 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 1,200,000
Insurance (other than health) 250,000 0 0 0 0 0 250,000 0 0 0 0 500,000
Interest expense 0
Materials and supplies (in COGS) 133,000 400,000 124,000 300,000 957,000
Meals and entertainment 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 240,000
Mortgage interest 0
Office expense 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 120,000
 Beginning Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Total
Other interest expense-Repayment 83,333 82,186 81,020 79,834 78,629 77,404 76,158 74,158 73,604 72,294 778,620
Loan principal payment 68,818 69,965 71,131 72,317 73,522 74,747 75,993 77,260 78,547 79,856 742,156
Purchases for resale 0
Rent or lease 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Rent or lease: vehicles, equipment 0
Repairs and maintenance 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 240,000
Supplies (not in COGS) 0
Taxes and licenses 48,000 48,000 112,000 80,000 27,200 72,000 40,000 68,800 48,000 80,000 80,000 112,000 816,000
Travel 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 120,000
Utilities 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 36,000
Wages (less emp. credits) 0
Other expenses 0
Other expenses 0
Other expenses 0
Miscellaneous 0
SUBTOTAL 266,000 486,000 895,151 990,151 438,351 691,151 475,151 887,951 798,151 589,418 590,151 682,150 7,789,776
Loan principal payment 0
Capital purchases 0
Other startup costs 0
To reserve and/or escrow 0
Owners' withdrawal 0
TOTAL CASH PAID OUT 266,000 486,000 895,151 990,151 438,351 691,151 475,151 887,951 798,151 589,418 590,151 682,150 7,789,776
Cash on hand (end of month) 0 206,000 460,000 784,849 1,614,698 1,986,347 2,275,196 2,453,045 2,958,094 3,419,943 4,340,525 4,550,374 5,068,224

OTHER OPERATING DATA

Contracts Volume (Kshs) 15,000,000
Accounts receivable balance 13,360,201
Bad debt balance
Inventory on hand
Accounts payable balance 0
Depreciation 55,000
 Cash Flow Projection
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Cash on Hand

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5,000,000

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3,000,000

2,000,000

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Cash Flow Projection

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Starting date Jun-14
Cash balance alert minimum 0 0 0 0 0

Beginning Jun-14 Jul-14 Aug-14 Sep-14 Oct-14

Cash on hand (beginning of

month) 72,000 72,000 427,000 5,472,000 6,222,485 6,915,264

CASH RECEIPTS
Monthly Payments on Contracts 300,000 300,000 700,000 500,000 170,000
Final Accounts Payment 100,000 70,000 90,000 120,000 200,000
CASH RECEIPTS 70,000 130,000 100,000 0
Retention released in issue of warranty and final certificate 0 0 0 0 100,000
Returns on Investment 0 0 300,000 300,000 300,000
Loan proceeds 0 0 0 0
Owner contributions 0 0 0 0 0

TOTAL CASH RECEIPTS 400,000 440,000 1,220,000 1,020,000 770,000

Total cash available 72,000 472,000 867,000 6,692,000 7,242,485 7,685,264

CASH PAID OUT

Advertising 0 0 80,000 0 0
Commissions and fees
Contract labor 100,000 210,000 150,000 51,000
Employee benefit programs/Salaries 120,000 120,000 120,000
Insurance (other than health) 250,000 0 0 0

Interest expense
Materials and supplies (in COGS)
Meals and entertainment
Mortgage interest
Office expense/Head office running costs
Other interest expense-Interest repayment 83,333 82,186 81,020
Pension and profit-sharing plan
Purchases for resale
Rent or lease 25,000 25,000 25,000 25,000 25,000
Rent or lease: vehicles, equipment
Repairs and maintenance 20,000 20,000 20,000 20,000 20,000
Supplies (not in COGS)
Taxes and licenses
Travel
Utilities
Wages (less emp. credits)
Payment for plant hire

Contract payments to subcontractors

Other expenses

Miscellaneous

SUBTOTAL 45,000 395,000 538,333 397,186 297,020

Loan principal payment 68,818 69,965 71,131

Capital purchases 5,000,000

Other startup costs

To reserve and/or escrow

Owners' withdrawal

TOTAL CASH PAID OUT 45,000 -4,605,000 469,515 327,221 225,889

Cash on hand (end of month) 72,000 427,000 5,472,000 6,222,485 6,915,264 7,459,375

OTHER OPERATING DATA

Sales volume (Kshs)

Accounts receivable balance

Bad debt balance

Inventory on hand

Accounts payable balance

Depreciation
Business Cash Flow Projection
<Company Name>
0 0 0 0 0 0 0

Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15

7,459,375 7,931,858 8,309,751 8,803,094 9,197,929 9,796,031 10,285,974

450,000 250,000 430,000 300,000 500,000 500,000 700,000

30,000 73,000 90,000 0 0 0 200,000
0 0 300,000 50,000 40,000 0 0
0 0 0 0 70,000 0 0
300,000 300,000 300,000 300,000 300,000 300,000 300,000
0 0 0 0 0 0 0
0 0 0 0 0 0 0

780,000 623,000 1,120,000 650,000 910,000 800,000 1,200,000

8,239,375 8,554,858 9,429,751 9,453,094 10,107,929 10,596,031 11,485,974

0 0 80,000 0 0 0 0

135,000 75,000 129,000 90,000 150,000 150,000 210,000

120,000 120,000 120,000 120,000 120,000 120,000 120,000
0 0 250,000 0 0 0 0

79,834 78,629 77,404 76,158 74,158 73,604 72,294

25,000 25,000 25,000 25,000 25,000 25,000 25,000

20,000 20,000 20,000 20,000 20,000 20,000 20,000

 379,834 318,629 701,404 331,158 389,158 388,604 447,294

72,317 73,522 74,747 75,993 77,260 78,547 79,856

307,517 245,107 626,657 255,165 311,898 310,057 367,438

7,931,858 8,309,751 8,803,094 9,197,929 9,796,031 10,285,974 11,118,536

Total

5,100,000
973,000
690,000
170,000
3,000,000
0
0

9,933,000

160,000
0
1,450,000
1,200,000
500,000

0
0
0
0
0
778,620
0
0
300,000
0
240,000
0
0
0
0
0
 0

4,628,620

742,156

5,000,000

10,370,776