Ling

A
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
AA
AB
AC
AD
AE
AF
AG
Year 2
2
10.00%
10.00%
0.00%
0
0
Year 2
2
10.00%
10.00%
30.00%
0
0
Year 3
3
10.00%
10.00%
30.00%
0
0
Year 4
4
10.00%
10.00%
30.00%
0
0
Year 5
5
10.00%
10.00%
30.00%
0
0
General Assumptions
Plan Month
Current Interest Rate
Long-term Interest Rate
Tax Rate
Other
Other
Month 1
1
10.00%
10.00%
30.00%
0
0
Month 2
2
10.00%
10.00%
30.00%
0
0
Calculated Totals (not included in output)

Payroll Expense
$78,000
$90,300
Month 3
3
10.00%
10.00%
30.00%
0
0
$104,893
Month 4
4
10.00%
10.00%
30.00%
0
0
$122,275
Month 5
5
10.00%
10.00%
30.00%
0
0
$143,060
Month 6
6
10.00%
10.00%
30.00%
0
0
$168,012
Month 7
7
10.00%
10.00%
30.00%
0
0
$198,083
Month 8
8
10.00%
10.00%
30.00%
0
0
$234,463
Month 9
9
10.00%
10.00%
30.00%
0
0
$278,642
Month 10
10
10.00%
10.00%
30.00%
0
0
Month 11
11
10.00%
10.00%
30.00%
0
0
Month 12
12
10.00%
10.00%
30.00%
0
0
$332,489
$398,354
$479,199
Year 1
1
10.00%
10.00%
30.00%
0
0
$2,627,770
Month 13
13
10.00%
10.00%
30.00%
0
0
$0
Month 14
14
10.00%
10.00%
30.00%
0
0
$0
Month 15
15
10.00%
10.00%
30.00%
0
0
$0
Month 16
16
10.00%
10.00%
30.00%
0
0
$0
Month 17
17
10.00%
10.00%
30.00%
0
0
$0
Month 18
18
10.00%
10.00%
30.00%
0
0
$0
Month 19
19
10.00%
10.00%
30.00%
0
0
$0
Month 20
20
10.00%
10.00%
30.00%
0
0
$0
Month 21
21
10.00%
10.00%
30.00%
0
0
$0
Month 22
22
10.00%
10.00%
30.00%
0
0
$0
Month 23
23
10.00%
10.00%
30.00%
0
0
$0
Month 24
24
10.00%
10.00%
30.00%
0
0
$0
$0
$2,600,000
$3,200,000
$3,100,000
$3,100,000
Financials
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
Year 1
Year 2
Year 3
Year 4
Year 5
Beginning Balance
Opening Balance Cash & Checking
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Direct Costs
Direct Cost of Sales
Other Costs of Sales
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Normal Operating Expenses

Payroll and Payroll Taxes, Benefits, Etc.
Rent and Utilities
Sales and Marketing Expenses
Other Operating Expenses
Other Operating Expenses
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Other Outflows
Payments of Taxes
Debt Payments
Purchase of Assets
Other
Other
Subtotal Money Spent
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Sales
Less Cost of Sales
Gross Margin
Less Operating Expenses
Profit Before Interest and Taxes
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Net Cash Flow
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Plus Money Received

New Investment
New Loans
Sales
Other
Other
Subtotal Money Received
Less Money Spent
Ending Balance
Ending Balance Cash and Checking
Break-even Analysis
Monthly Units Break-even
Monthly Revenue Break-even
10,586
$302,717
Assumptions:
Average Per-Unit Revenue

Average Per-Unit Variable Cost
Average Percent Variable Cost
Estimated Monthly Fixed Cost
$28.60
$9.12
0%
$206,122
Units
0
1764
3528
5292
7056
8820
10584
12348
14112
15876
17640
19404
Sales
$0
$50,442
$100,884
$151,326
$201,768
$252,211
$302,653
$353,095
$403,537
$453,979
$504,421
$554,863
Profits
######
######
######
######
($68,737)
($34,390)
($44)
$34,302
$68,649
$102,995
$137,341
$171,687
Market Analysis
Year 1
PET buyers
HDEP buyers
Potential Customers
Growth
5%
2%
Total
3.55%
Year 2
84
63
88
64
147
152
Year 3
Year 4
Year 5
92
65
97
66
102
67
CAGR
4.97%
1.55%
157
163
169
3.55%
Sales Forecast
Month 1
Month 2
Sales
Row 1
Row 2
Row 3
Total Sales
$0
$0
$0
$0

Row 1
Row 2
Row 3
Subtotal Direct Cost of Sales
$0
$0
$0
$0
Month 1
$0
$0
$0
$0
Month 2
$0
$0
$0
$0
Month 1
Month 2
Sales Forecast
Unit Sales
Recycled Flake PET
Extruded Roll Stock Sheet
Extruded Strapping
Total Unit Sales
0
0
0
0
Unit Prices
Month 1
$27.48
$42.54
$2.00
Recycled Flake PET

Extruded Strapping
0
0
0
0
Month 2
$27.48
$42.54
$2.00
Sales
Recycled Flake PET
Extruded Strapping
Total Sales
$0
$0
$0
$0
Direct Unit Costs

Recycled Flake PET
Extruded Strapping
30.00%
45.00%
10.00%
Month 1
$8.24
$19.14
$0.20
$0
$0
$0
$0
Month 2
$8.24
$19.14
$0.20

Recycled Flake PET
Extruded Strapping
Subtotal Direct Cost of Sales
$0
$0
$0
$0
$0
$0
$0
$0
Month 3
$0
$0
$0
$0
Month 4
$0
$0
$0
$0
Month 5
$0
$0
$0
$0
Month 6
$0
$0
$0
$0
Month 7
$0
$0
$0
$0
Month 3
$0
$0
$0
$0
Month 4
$0
$0
$0
$0
Month 5
$0
$0
$0
$0
Month 6
$0
$0
$0
$0
Month 7
$0
$0
$0
$0
Month 3
Month 4
Month 5
Month 6
Month 7
0
0
0
0
Month 3
$27.48
$42.54
$2.00
$0
$0
$0
$0
Month 3
$8.24
$19.14
$0.20
$0
$0
$0
$0
0
0
0
0
Month 4
$27.48
$42.54
$2.00
$0
$0
$0
$0
Month 4
$8.24
$19.14
$0.20
$0
$0
$0
$0
795,000
60,000
5,000
860,000
Month 5
$27.48
$42.54
$2.00
$21,846,600
$2,552,400
$10,000
$24,409,000
Month 5
$8.24
$19.14
$0.20
$6,553,980
$1,148,580
$1,000
$7,703,560
1,280,000
90,000
6,000
1,376,000
Month 6
$27.48
$42.54
$2.00
$35,174,400
$3,828,600
$12,000
$39,015,000
Month 6
$8.24
$19.14
$0.20
$10,552,320
$1,722,870
$1,200
$12,276,390
1,000,000
90,000
7,500
1,097,500
Month 7
$27.48
$42.54
$2.00
$27,480,000
$3,828,600
$15,000
$31,323,600
Month 7
$8.24
$19.14
$0.20
$8,244,000
$1,722,870
$1,500
$9,968,370
Month 8
$0
$0
$0
$0
Month 9
$0
$0
$0
$0
Month 10
$0
$0
$0
$0
Month 11
$0
$0
$0
$0
Month 12
$0
$0
$0
$0
Month 8
$0
$0
$0
$0
Month 9
$0
$0
$0
$0
Month 10
$0
$0
$0
$0
Month 11
$0
$0
$0
$0
Month 12
$0
$0
$0
$0
Month 8
Month 9
Month 10
Month 11
Month 12
1,000,000
90,000
7,600
1,097,600
Month 8
$27.48
$42.54
$2.00
$27,480,000
$3,828,600
$15,200
$31,323,800
Month 8
$8.24
$19.14
$0.20
$8,244,000
$1,722,870
$1,520
$9,968,390
1,000,000
90,000
7,650
1,097,650
Month 9
$27.48
$42.54
$2.00
$27,480,000
$3,828,600
$15,300
$31,323,900
Month 9
$8.24
$19.14
$0.20
$8,244,000
$1,722,870
$1,530
$9,968,400
1,100,000
90,000
7,649
1,197,649
Month 10
$27.48
$42.54
$2.00
$30,228,000
$3,828,600
$15,298
$34,071,898
Month 10
$8.24
$19.14
$0.20
$9,068,400
$1,722,870
$1,530
$10,792,800
1,000,000
90,000
7,652
1,097,652
Month 11
$27.48
$42.54
$2.00
$27,480,000
$3,828,600
$15,304
$31,323,904
Month 11
$8.24
$19.14
$0.20
$8,244,000
$1,722,870
$1,530
$9,968,400
100,000
90,000
7,650
197,650
Month 12
$27.48
$42.54
$2.00
$2,748,000
$3,828,600
$15,300
$6,591,900
Month 12
$8.24
$19.14
$0.20
$824,400
$1,722,870
$1,530
$2,548,800
Year 1
Month 13
$0
$0
$0
$0
$0
$0
$0
$0
Month 14
$0
$0
$0
$0
Month 15
$0
$0
$0
$0
Year 1
$0
$0
$0
$0
Month 13
$0
$0
$0
$0
Month 14
$0
$0
$0
$0
Month 15
$0
$0
$0
$0
Year 1
Month 13
Month 14
Month 15
7,275,000
690,000
56,701
8,021,701
0%
0%
0%
Year 1
$27.48
$42.54
$2.00
Month 13
$27.48
$42.54
$2.00
$199,917,000
$29,352,600
$113,402
$229,383,002
Year 1
$8.24
$19.14
$0.20
$59,975,100
$13,208,670
$11,340
$73,195,110
0
0
0
0
$0
$0
$0
$0
30%
45%
10%
Month 13
$8.24
$19.14
$0.20
$0
$0
$0
$0
0
0
0
0
Month 14
$27.48
$42.54
$2.00
$0
$0
$0
$0
Month 14
$8.24
$19.14
$0.20
$0
$0
$0
$0
0
0
0
0
Month 15
$27.48
$42.54
$2.00
$0
$0
$0
$0
Month 15
$8.24
$19.14
$0.20
$0
$0
$0
$0
Month 16
$0
$0
$0
$0
Month 17
$0
$0
$0
$0
Month 18
$0
$0
$0
$0
Month 19
$0
$0
$0
$0
Month 20
$0
$0
$0
$0
Month 16
$0
$0
$0
$0
Month 17
$0
$0
$0
$0
Month 18
$0
$0
$0
$0
Month 19
$0
$0
$0
$0
Month 20
$0
$0
$0
$0
Month 16
Month 17
Month 18
Month 19
Month 20
0
0
0
0
Month 16
$27.48
$42.54
$2.00
$0
$0
$0
$0
Month 16
$8.24
$19.14
$0.20
$0
$0
$0
$0
0
0
0
0
Month 17
$27.48
$42.54
$2.00
$0
$0
$0
$0
Month 17
$8.24
$19.14
$0.20
$0
$0
$0
$0
0
0
0
0
Month 18
$27.48
$42.54
$2.00
$0
$0
$0
$0
Month 18
$8.24
$19.14
$0.20
$0
$0
$0
$0
0
0
0
0
Month 19
$27.48
$42.54
$2.00
$0
$0
$0
$0
Month 19
$8.24
$19.14
$0.20
$0
$0
$0
$0
0
0
0
0
Month 20
$27.48
$42.54
$2.00
$0
$0
$0
$0
Month 20
$8.24
$19.14
$0.20
$0
$0
$0
$0
Month 21
$0
$0
$0
$0
Month 22
$0
$0
$0
$0
Month 23
$0
$0
$0
$0
Month 24
$0
$0
$0
$0
Year 2
$0
$0
$0
$0
Month 21
$0
$0
$0
$0
Month 22
$0
$0
$0
$0
Month 23
$0
$0
$0
$0
Month 24
$0
$0
$0
$0
Year 2
$0
$0
$0
$0
Month 21
Month 22
Month 23
Month 24
Year 2
0
0
0
0
Month 21
$27.48
$42.54
$2.00
$0
$0
$0
$0
Month 21
$8.24
$19.14
$0.20
$0
$0
$0
$0
0
0
0
0
Month 22
$27.48
$42.54
$2.00
$0
$0
$0
$0
Month 22
$8.24
$19.14
$0.20
$0
$0
$0
$0
0
0
0
0
Month 23
$27.48
$42.54
$2.00
$0
$0
$0
$0
Month 23
$8.24
$19.14
$0.20
$0
$0
$0
$0
0
0
0
0
Month 24
$27.48
$42.54
$2.00
$0
$0
$0
$0
Month 24
$8.24
$19.14
$0.20
$0
$0
$0
$0
0
0
0
0
Year 2
$0.00
$0.00
$0.00
$0
$0
$0
$0
Year 2
$0.00
$0.00
$0.00
$0
$0
$0
$0
Year 2
$0
$0
$0
$0
Year 3
$0
$0
$0
$0
Year 4
$0
$0
$0
$0
Year 5
$0
$0
$0
$0
Year 2
$0
$0
$0
$0
Year 3
$0
$0
$0
$0
Year 4
$0
$0
$0
$0
Year 5
$0
$0
$0
$0
Year 2
Year 3
Year 4
Year 5
6,064,018
21,222,831
4,266,925
31,553,774
Year 2
$27.48
$42.54
$2.00
0
23,769,000
15,400,000
39,169,000
Year 3
$27.48
$42.54
$2.00
0
24,958,395
16,170,000
41,128,395
Year 4
$27.48
$42.54
$2.00
0
26,206,315
16,940,000
43,146,315
Year 5
$27.48
$42.54
$2.00
$166,639,215
$0
$0
$0
$902,819,231 ########## ########## ##########
$8,533,850
$30,800,000
$32,340,000
$33,880,000
########## ########## ########## ##########
Year 2
$8.24
$19.14
$0.20
$49,991,764
$406,268,654
$853,385
$457,113,803
Year 3
$8.24
$19.14
$0.20
$0
$455,009,967
$3,080,000
$458,089,967
Year 4
$8.24
$19.14
$0.20
$0
$477,778,555
$3,234,000
$481,012,555
Year 5
$8.24
$19.14
$0.20
$0
$501,667,488
$3,388,000
$505,055,488
Month 1
$0
$0
$0
$0
Month 2
$0
$0
$0
$0
Month 3
$0
$0
$0
$0
Month 4
$0
$0
$0
$0
Month 1
$0
$0
$0
$0
Month 2
$0
$0
$0
$0
Month 3
$0
$0
$0
$0
Month 4
$0
$0
$0
$0
Month 1
Month 2
Month 3
Month 4
0
0
0
0
Month 1
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 1
$0.00
$0.00
$0.00
$0
$0
$0
$0
0
0
0
0
Month 2
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 2
$0.00
$0.00
$0.00
$0
$0
$0
$0
0
0
0
0
Month 3
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 3
$0.00
$0.00
$0.00
$0
$0
$0
$0
0
0
0
0
Month 4
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 4
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 5
$0
$0
$0
$0
Month 6
$0
$0
$0
$0
Month 7
$0
$0
$0
$0
Month 8
$0
$0
$0
$0
Month 9
$0
$0
$0
$0
Month 5
$0
$0
$0
$0
Month 6
$0
$0
$0
$0
Month 7
$0
$0
$0
$0
Month 8
$0
$0
$0
$0
Month 9
$0
$0
$0
$0
Month 5
Month 6
Month 7
Month 8
Month 9
795,000
60,000
5,000
860,000
Month 5
$27.48
$42.54
$2.00
$21,846,600
$2,552,400
$10,000
$24,409,000
Month 5
$8.24
$19.14
$0.20
$6,553,980
$1,148,580
$1,000
$7,703,560
1,280,000
90,000
6,000
1,376,000
Month 6
$27.48
$42.54
$2.00
$35,174,400
$3,828,600
$12,000
$39,015,000
Month 6
$8.24
$19.14
$0.20
$10,552,320
$1,722,870
$1,200
$12,276,390
1,000,000
90,000
7,500
1,097,500
Month 7
$27.48
$42.54
$2.00
$27,480,000
$3,828,600
$15,000
$31,323,600
Month 7
$8.24
$19.14
$0.20
$8,244,000
$1,722,870
$1,500
$9,968,370
1,000,000
90,000
7,600
1,097,600
Month 8
$27.48
$42.54
$2.00
$27,480,000
$3,828,600
$15,200
$31,323,800
Month 8
$8.24
$19.14
$0.20
$8,244,000
$1,722,870
$1,520
$9,968,390
1,000,000
90,000
7,650
1,097,650
Month 9
$27.48
$42.54
$2.00
$27,480,000
$3,828,600
$15,300
$31,323,900
Month 9
$8.24
$19.14
$0.20
$8,244,000
$1,722,870
$1,530
$9,968,400
Month 10
$0
$0
$0
$0
Month 11
$0
$0
$0
$0
Month 12
$0
$0
$0
$0
Year 1
$0
$0
$0
$0
Year 2
$0
$0
$0
$0
Month 10
$0
$0
$0
$0
Month 11
$0
$0
$0
$0
Month 12
$0
$0
$0
$0
Year 1
$0
$0
$0
$0
Year 2
$0
$0
$0
$0
Month 10
Month 11
Month 12
Year 1
Year 2
1,100,000
90,000
7,649
1,197,649
Month 10
$27.48
$42.54
$2.00
$30,228,000
$3,828,600
$15,298
$34,071,898
Month 10
$8.24
$19.14
$0.20
$9,068,400
$1,722,870
$1,530
$10,792,800
1,000,000
90,000
7,652
1,097,652
Month 11
$27.48
$42.54
$2.00
$27,480,000
$3,828,600
$15,304
$31,323,904
Month 11
$8.24
$19.14
$0.20
$8,244,000
$1,722,870
$1,530
$9,968,400
100,000
90,000
7,650
197,650
Month 12
$27.48
$42.54
$2.00
$2,748,000
$3,828,600
$15,300
$6,591,900
Month 12
$8.24
$19.14
$0.20
$824,400
$1,722,870
$1,530
$2,548,800
7,275,000
690,000
56,701
8,021,701
Year 1
$27.48
$42.54
$2.00
6,064,018
21,222,831
4,266,925
31,553,774
Year 2
$27.48
$42.54
$2.00
$199,917,000
$166,639,215
$29,352,600
$902,819,231
$113,402
$8,533,850
$229,383,002 ##########
Year 1
$8.24
$19.14
$0.20
$59,975,100
$13,208,670
$11,340
$73,195,110
Year 2
$8.24
$19.14
$0.20
$49,991,764
$406,268,654
$853,385
$457,113,803
Year 3
$0
$0
$0
$0
Year 4
$0
$0
$0
$0
Year 5
$0
$0
$0
$0
Year 3
$0
$0
$0
$0
Year 4
$0
$0
$0
$0
Year 5
$0
$0
$0
$0
Year 3
Year 4
Year 5
0
23,769,000
15,400,000
39,169,000
Year 3
$0.00
$42.54
$2.00
0
24,958,395
16,170,000
41,128,395
Year 4
$0.00
$42.54
$2.00
0
26,206,315
16,940,000
43,146,315
Year 5
$0.00
$42.54
$2.00
$0
$0
$0
########## ########## ##########
$30,800,000
$32,340,000
$33,880,000
########## ########## ##########
Year 3
$0.00
$19.14
$0.20
$0
$455,009,967
$3,080,000
$458,089,967
Year 4
$0.00
$19.14
$0.20
$0
$477,778,555
$3,234,000
$481,012,555
Year 5
$0.00
$19.14
$0.20
$0
$501,667,488
$3,388,000
$505,055,488
Month 1
$0
$0
$0
$0
Month 1
$0
$0
$0
$0
Month 1
0
0
0
0
Month 1
($27.48)
($42.54)
($2.00)
$0
$0
$0
$0
Month 1
$8.24
$19.14
$0.20
$0
$0
$0
$0
Month 2
$0
$0
$0
$0
Month 3
$0
$0
$0
$0
Month 4
$0
$0
$0
$0
Month 5
$0
$0
$0
$0
Month 6
$0
$0
$0
$0
Month 2
$0
$0
$0
$0
Month 3
$0
$0
$0
$0
Month 4
$0
$0
$0
$0
Month 5
$0
$0
$0
$0
Month 6
$0
$0
$0
$0
Month 2
Month 3
Month 4
Month 5
Month 6
0
0
0
0
Month 2
($27.48)
($42.54)
($2.00)
$0
$0
$0
$0
Month 2
$8.24
$19.14
$0.20
$0
$0
$0
$0
0
0
0
0
Month 3
($27.48)
($42.54)
($2.00)
$0
$0
$0
$0
Month 3
$8.24
$19.14
$0.20
$0
$0
$0
$0
0
0
0
0
Month 4
($27.48)
($42.54)
($2.00)
$0
$0
$0
$0
Month 4
$8.24
$19.14
$0.20
$0
$0
$0
$0
0
0
0
0
Month 5
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 5
$0.00
$0.00
$0.00
$0
$0
$0
$0
0
0
0
0
Month 6
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 6
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 7
$0
$0
$0
$0
Month 8
$0
$0
$0
$0
Month 9
$0
$0
$0
$0
Month 10
$0
$0
$0
$0
Month 11
$0
$0
$0
$0
Month 7
$0
$0
$0
$0
Month 8
$0
$0
$0
$0
Month 9
$0
$0
$0
$0
Month 10
$0
$0
$0
$0
Month 11
$0
$0
$0
$0
Month 7
Month 8
Month 9
Month 10
Month 11
0
0
0
0
Month 7
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 7
$0.00
$0.00
$0.00
$0
$0
$0
$0
0
0
0
0
Month 8
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 8
$0.00
$0.00
$0.00
$0
$0
$0
$0
0
0
0
0
Month 9
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 9
$0.00
$0.00
$0.00
$0
$0
$0
$0
0
0
0
0
Month 10
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 10
$0.00
$0.00
$0.00
$0
$0
$0
$0
0
0
0
0
Month 11
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 11
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 12
$0
$0
$0
$0
Year 1
$0
$0
$0
$0
Year 2
$0
$0
$0
$0
Year 3
$0
$0
$0
$0
Year 4
$0
$0
$0
$0
Month 12
$0
$0
$0
$0
Year 1
$0
$0
$0
$0
Year 2
$0
$0
$0
$0
Year 3
$0
$0
$0
$0
Year 4
$0
$0
$0
$0
Month 12
Year 1
Year 2
Year 3
Year 4
0
0
0
0
Month 12
$0.00
$0.00
$0.00
$0
$0
$0
$0
Month 12
$0.00
$0.00
$0.00
$0
$0
$0
$0
0
0
0
0
Year 1
($109.92)
($170.16)
($8.00)
$0
$0
$0
$0
Year 1
$32.98
$76.57
$0.80
$0
$0
$0
$0
0
0
0
0
Year 2
$0.00
$0.00
$0.00
$0
$0
$0
$0
Year 2
$0.00
$0.00
$0.00
$0
$0
$0
$0
0
0
0
0
Year 3
($27.48)
$0.00
$0.00
$0
$0
$0
$0
Year 3
$8.24
$0.00
$0.00
$0
$0
$0
$0
0
0
0
0
Year 4
($27.48)
$0.00
$0.00
$0
$0
$0
$0
Year 4
$8.24
$0.00
$0.00
$0
$0
$0
$0
Year 5
$0
$0
$0
$0
Year 5
$0
$0
$0
$0
Year 5
0
0
0
0
Year 5
($27.48)
$0.00
$0.00
$0
$0
$0
$0
Year 5
$8.24
$0.00
$0.00
$0
$0
$0
$0
Personnel Plan
Payroll
Month 1
$0
Month 2
$0
Month 3
$0
Month 4
$0
Month 5
$0
Month 6
$0
Month 7
$0
Month 8
$0
Month 9
$0
Month 10
$0
Month 11
$0
Month 12
$0
Year 1
$0
Month 13
$0
Month 14
$0
Month 15
$0
Month 16
$0
Month 17
$0
Month 18
$0
Month 19
$0
Month 20
$0
Month 21
$0
Month 22
$0
Month 23
$0
Month 24
$0
Year 2
$0
Year 2
$0
Year 3
$0
Year 4
$0
Year 5
$0
Month 1
$0
$0
$0
0
Month 2
$0
$0
$0
0
Month 3
$0
$0
$0
0
Month 4
$0
$0
$0
0
Month 5
$0
$0
$0
0
Month 6
$0
$0
$0
0
Month 7
$0
$0
$0
0
Month 8
$0
$0
$0
0
Month 9
$0
$0
$0
0
Month 10
$0
$0
$0
0
Month 11
$0
$0
$0
0
Month 12
$0
$0
$0
0
Year 1
$0
$0
$0
0
Month 13
$0
$0
$0
0
Month 14
$0
$0
$0
0
Month 15
$0
$0
$0
0
Month 16
$0
$0
$0
0
Month 17
$0
$0
$0
0
Month 18
$0
$0
$0
0
Month 19
$0
$0
$0
0
Month 20
$0
$0
$0
0
Month 21
$0
$0
$0
0
Month 22
$0
$0
$0
0
Month 23
$0
$0
$0
0
Month 24
$0
$0
$0
0
Year 2
$0
$0
$0
0
Year 2
$0
$0
$0
0
Year 3
$0
$0
$0
0
Year 4
$0
$0
$0
0
Year 5
$0
$0
$0
0
Personnel Plan
Name or Title or Group
Total People
Total Payroll
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Personnel Plan
Month 1
Month 2
Month 10
Month 11
Month 12
$50,000
$8,000
$20,000
$78,000
$55,500
$10,400
$24,400
$90,300
Month 3
$61,605
$13,520
$29,768
$104,893
Month 4
$68,382
$17,576
$36,317
$122,275
Month 5
$75,904
$22,849
$44,307
$143,060
Month 6
$84,253
$29,704
$54,055
$168,012
Month 7
$93,521
$38,615
$65,947
$198,083
$103,808
$50,200
$80,455
$234,463
Month 8
$115,227
$65,260
$98,155
$278,642
Month 9
$127,902
$84,838
$119,749
$332,489
$141,971
$110,289
$146,094
$398,354
$157,588
$143,376
$178,235
$479,199
$1,135,661
$594,627
$897,482
$2,627,770
Year 1
Month 13
$0
$0
$0
$0
Month 14
$0
$0
$0
$0
Month 15
$0
$0
$0
$0
Month 16
$0
$0
$0
$0
Month 17
$0
$0
$0
$0
Month 18
$0
$0
$0
$0
Month 19
$0
$0
$0
$0
Month 20
$0
$0
$0
$0
Month 21
$0
$0
$0
$0
Month 22
$0
$0
$0
$0
Month 23
$0
$0
$0
$0
Month 24
$0
$0
$0
$0
Year 2
$0
$0
$0
$0
$1,500,000
$600,000
$500,000
$2,600,000
Year 2
$1,600,000
$800,000
$800,000
$3,200,000
Year 3
$1,700,000
$500,000
$900,000
$3,100,000
Year 4
$1,900,000
$400,000
$800,000
$3,100,000
Year 5
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Production Personnel
Manager
Supervisor
Accuntant
Subtotal
Sales and Marketing Personnel

Subtotal
General and Administrative Personnel

Subtotal
Other Personnel
Subtotal
Total People
Total Payroll
$78,000
$90,300
$104,893
$122,275
$143,060
$168,012
$198,083
$234,463
$278,642
$332,489
$398,354
$479,199
Month 1
Month 2
Month 10
Month 11
Month 12
0
$2,627,770
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0
$0
$2,600,000
$3,200,000
$3,100,000
$3,100,000
Personnel Plan
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Year 1
Month 13
Month 14
Month 15
Month 16
Month 17
Month 18
Month 19
Month 20
Month 21
Month 22
Month 23
Month 24
Year 2
Year 2
Year 3
Year 4
Year 5
Production Personnel
People
Average per Person
Subtotal
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
0
$0
$0
Sales and Marketing Personnel

People
Average per Person
Subtotal
General and Administrative Personnel

People
Average per Person
Subtotal
Other Personnel
People
Average per Person
Subtotal
Total People
Total Payroll Expenditures
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
0
$0
Pro Forma Profit and Loss
Month 1
Sales
$0
$0
$78,000
$150,000

Production Payroll
Total Cost of Sales
Gross Margin
Gross Margin %
Month 2
$0
$0
$90,300
$181,500
Month 3
$0
$0
$104,893
$219,615
Month 4
$0
$0
$122,275
$265,734
$228,000
$271,800
$324,508
$388,009
($228,000)
0.00%
($271,800)
0.00%
($324,508)
0.00%
($388,009)
0.00%
Year 2
Year 3
Year 4
Year 5
$39,015,000
$12,276,390
$168,012
$389,061
$31,323,600
$9,968,370
$198,083
$470,764
$31,323,800
$9,968,390
$234,463
$569,624
$31,323,900
$9,968,400
$278,642
$689,245
$34,071,898
$10,792,800
$332,489
$833,986
$31,323,904
$9,968,400
$398,354
$1,009,123
$6,591,900
$2,548,800
$479,199
$1,221,039
$0
$0
$0
$0
########
$457,113,803
$2,600,000
$80,00,000
########
$458,089,967
$3,200,000
$69,00,000
########
$481,012,555
$3,100,000
$7,500,000
########
$505,055,488
$3,100,000
$8,500,000
$8,168,158
$12,833,463
$10,637,217
$10,772,477
$10,936,287
$11,959,275
$11,375,877
$4,249,038
$82,144,109
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$459,713,803
$461,289,967
$491,612,555
$516,655,488
$16,240,842
66.54%
Month 5
$26,181,537
67.11%
$20,686,383
66.04%
$20,551,323
65.61%
$20,387,613
65.09%
$22,112,623
64.90%
$19,948,027
63.68%
$2,342,862
35.54%
$147,238,893
64.19%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$618,278,492
57.35%
$580,643,293
55.73%
$602,457,568
55.07%
$632,041,152
55.02%
$24,409,000
$7,703,560
$143,060
$321,538
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
Year 1
$229,383,002
$73,195,110
$2,627,770
$6,321,229
Month 13
$0
$0
$0
$0
Month 14
$0
$0
$0
$0
Month 15
$0
$0
$0
$0
Month 16
$0
$0
$0
$0
Month 17
$0
$0
$0
$0
Month 18
$0
$0
$0
$0
Month 19
$0
$0
$0
$0
Month 20
$0
$0
$0
$0
Month 21
$0
$0
$0
$0
Month 22
$0
$0
$0
$0
Month 23
$0
$0
$0
$0
Month 24
$0
$0
$0
$0
Year 2
Operating Expenses
Sales and Marketing Expenses
Sales and Marketing Payroll
Advertising/Promotion
Other Sales and Marketing Expenses
Total Sales and Marketing Expenses
Sales and Marketing %
$0
$4,000
$1,000
$5,000
0.00%
$0
$6,000
$1,500
$7,500
0.00%
$0
$9,000
$1,450
$10,450
0.00%
$0
$13,500
$1,200
$14,700
0.00%
$0
$20,250
$1,800
$22,050
0.09%
$0
$30,375
$1,400
$31,775
0.08%
$0
$45,562
$1,200
$46,762
0.15%
$0
$68,343
$1,478
$69,821
0.22%
$0
$102,514
$1,400
$103,914
0.33%
$0
$153,771
$1,238
$155,009
0.45%
$0
$230,656
$1,247
$231,903
0.74%
$0
$345,984
$1,488
$347,472
5.27%
$0
$1,029,955
$16,401
$1,046,356
0.46%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$800,000
$14,400
$814,400
0.08%
$0
$850,000
$15,450
$865,450
0.08%
$0
$849,000
$18,455
$867,455
0.08%
$0
$838,000
$19,548
$857,548
0.07%
$0
$25,000
$15,000
$33,265
$5,918
$22,449
$3,061
$1,429
$2,041
$7,500
$115,663
0.00%
$0
$20,989
$15,000
$36,531
$7,755
$24,898
$3,878
$2,041
$4,693
$8,000
$123,785
0.00%
$0
$18,377
$15,000
$35,714
$6,939
$24,898
$3,878
$4,489
$5,000
$9,000
$123,296
0.00%
$0
$16,639
$15,000
$37,755
$6,939
$26,531
$3,265
$2,449
$4,500
$9,500
$122,578
0.00%
$0
$13,411
$15,000
$37,143
$6,939
$26,122
$4,286
$3,265
$4,866
$7,825
$118,857
0.49%
$0
$12,831
$15,000
$35,102
$7,551
$25,510
$4,082
$3,061
$4,950
$8,000
$116,087
0.30%
$0
$12,831
$15,000
$36,939
$5,510
$24,898
$3,061
$1,837
$4,800
$9,500
$114,376
0.37%
$0
$12,831
$15,000
$36,735
$5,510
$24,490
$3,265
$1,224
$4,700
$6,000
$109,755
0.35%
$0
$12,831
$15,000
$38,367
$4,694
$23,061
$2,041
$816
$8,000
$7,500
$112,310
0.36%
$0
$12,831
$15,000
$37,551
$4,490
$24,898
$3,061
$1,429
$5,000
$7,580
$111,840
0.33%
$0
$11,921
$15,000
$38,163
$4,490
$26,531
$2,449
$2,245
$1,000
$4,580
$106,378
0.34%
$0
$11,093
$15,000
$38,571
$5,510
$24,898
$3,469
$1,837
$1,500
$4,870
$106,747
1.62%
$0
$181,584
$180,000
$441,836
$72,245
$299,184
$39,796
$26,122
$51,050
$89,855
$1,381,672
0.60%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$1,900,000
$180,000
$500,000
$76,000
$310,000
$42,458
$26,584
$50,514
$90,000
$3,175,556
0.29%
$0
$1,500,000
$180,000
$540,000
$82,000
$320,000
$48,000
$29,000
$51,200
$95,000
$2,845,200
0.27%
$0
$1,100,000
$180,000
$560,000
$85,000
$340,000
$49,000
$30,000
$52,000
$96,000
$2,492,000
0.23%
$0
$1,000,000
$180,000
$580,000
$86,511
$345,000
$48,000
$28,000
$51,000
$94,580
$2,413,091
0.21%
$0
$45,431
$0
$45,431
0.02%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
General and A dministrative Expenses

General and Administrative Payroll
Marketing/Promotion
Depreciation
Rent
Utilities
Payroll
Other General and Administrative Expenses
Office equpment
Office Supplies
Travel And entairment
Total General and Administrative Expenses
General and Administrative %
15%
15%
15%
15%
Other Expenses:
Other Payroll
Consultants
Other Expenses
Total Other Expenses
Other %
Total Operating Expenses

EBITDA
Interest Expense
Taxes Incurred
Other Income
Other Income Account Name
Other Income Account Name
Total Other Income
Other Expense
Other Expense Account Name
Other Expense Account Name
Total Other Expense
Net Other Income
Net Profit
Net Profit/Sales
Include Negative Taxes
$0
$2,000
$0
$2,000
0.00%
$0
$2,220
$0
$2,220
0.00%
$0
$2,464
$0
$2,464
0.00%
$0
$2,735
$0
$2,735
0.00%
$122,663
$133,505
$136,210
$140,013
($350,663)
($335,663)
$667
($105,399)
($405,305)
($390,305)
$667
($121,792)
($460,718)
($445,718)
$667
($138,415)
($528,022)
($513,022)
$667
($158,607)
$0
$0
$0
$0
$0
$0
$0
($245,931)
0.00%
$0
$0
$0
$0
$0
$0
$0
($284,180)
0.00%
$0
$0
$0
$0
$0
$0
$0
($322,969)
0.00%
$0
$0
$0
$0
$0
$0
$0
($370,082)
0.00%
$0
$3,036
$0
$3,036
0.01%
$0
$3,370
$0
$3,370
0.01%
$0
$3,741
$0
$3,741
0.01%
$0
$4,153
$0
$4,153
0.01%
$0
$4,610
$0
$4,610
0.01%
$0
$5,117
$0
$5,117
0.02%
$0
$5,680
$0
$5,680
0.02%
$0
$6,305
$0
$6,305
0.10%
$0
$0
$0
$0
0.00%
$0
$24,000
$5,500
$29,500
0.00%
$0
$24,000
$5,500
$29,500
0.00%
$0
$24,500
$5,400
$29,900
0.00%
$0
$26,000
$5,214
$31,214
0.00%
$143,943
$151,232
$164,879
$183,729
$220,834
$271,966
$343,961
$460,524
$2,473,459
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$4,019,456
$3,740,150
$3,389,355
$3,301,853
$16,096,899
$16,111,899
$667
$4,828,870
$26,030,305
$26,045,305
$667
$7,808,891
$20,521,504
$20,536,504
$667
$6,156,251
$20,367,594
$20,382,594
$667
$6,110,078
$20,166,779
$20,181,779
$667
$6,049,834
$21,840,658
$21,855,658
$667
$6,551,997
$19,604,065
$19,619,065
$667
$5,881,020
$1,882,338
$1,897,338
$667
$564,501
$144,765,434
$144,945,434
$8,000
$43,427,230
$0
$0
$667
$0
$0
$0
$667
$0
$0
$0
$667
$0
$0
$0
$667
$0
$0
$0
$667
$0
$0
$0
$667
$0
$0
$0
$667
$0
$0
$0
$667
$0
$0
$0
$667
$0
$0
$0
$667
$0
$0
$0
$667
$0
$0
$0
$667
$0
$0
$0
$8,000
$0
$614,259,036
$614,439,036
$8,000
$184,275,311
$576,903,143
$577,083,143
$8,000
$173,068,543
$599,068,213
$599,248,213
$8,000
$179,718,064
$628,739,299
$628,919,299
$8,000
$188,619,390
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$11,267,363
46.16%
$18,220,747
46.70%
$14,364,586
45.86%
$14,256,849
45.51%
$14,116,279
45.07%
$15,287,994
44.87%
$13,722,379
43.81%
$1,317,170
19.98%
$101,330,204
44.18%
TRUE
$0
$0
$0
$0
$0
$0
$0
($667)
0.00%
$0
$0
$0
$0
$0
$0
$0
($667)
0.00%
$0
$0
$0
$0
$0
$0
$0
($667)
0.00%
$0
$0
$0
$0
$0
$0
$0
($667)
0.00%
$0
$0
$0
$0
$0
$0
$0
($667)
0.00%
$0
$0
$0
$0
$0
$0
$0
($667)
0.00%
$0
$0
$0
$0
$0
$0
$0
($667)
0.00%
$0
$0
$0
$0
$0
$0
$0
($667)
0.00%
$0
$0
$0
$0
$0
$0
$0
($667)
0.00%
$0
$0
$0
$0
$0
$0
$0
($667)
0.00%
$0
$0
$0
$0
$0
$0
$0
($667)
0.00%
$0
$0
$0
$0
$0
$0
$0
($667)
0.00%
$0
$0
$0
$0
$0
$0
$0
($8,000)
0.00%
FALSE
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$429,975,725
39.89%
TRUE
$403,826,600
38.76%
TRUE
$419,342,149
38.33%
TRUE
$440,111,909
38.31%
TRUE
Month 1
$0
$0
$78,000
$150,000
Month 2
$0
$0
$90,300
$181,500
Month 3
$0
$0
$104,893
$219,615
Month 4
$0
$0
$122,275
$265,734
$228,000
$271,800
$324,508
$388,009
($228,000)
0.00%
($271,800)
0.00%
($324,508)
0.00%
($388,009)
0.00%
Year 2
Year 3
Year 4
Year 5
$39,015,000
$12,276,390
$168,012
$389,061
$31,323,600
$9,968,370
$198,083
$470,764
$31,323,800
$9,968,390
$234,463
$569,624
$31,323,900
$9,968,400
$278,642
$689,245
$34,071,898
$10,792,800
$332,489
$833,986
$31,323,904
$9,968,400
$398,354
$1,009,123
$6,591,900
$2,548,800
$479,199
$1,221,039
########
$457,113,803
$2,600,000
$80,00,000
########
$458,089,967
$3,200,000
$69,00,000
########
$481,012,555
$3,100,000
$7,500,000
########
$505,055,488
$3,100,000
$8,500,000
$0
$0
$0
$0
$0
$0
$0
#VALUE!
$0
$0
$0
#VALUE!
$8,168,158
$12,833,463
$10,637,217
$10,772,477
$10,936,287
$11,959,275
$11,375,877
$4,249,038
$82,144,109
$459,713,803
$461,289,967
$491,612,555
$516,655,488
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
#VALUE!
#VALUE!
$0
$0
$16,240,842
66.54%
Month 5
$26,181,537
67.11%
$20,686,383
66.04%
$20,551,323
65.61%
$20,387,613
65.09%
$22,112,623
64.90%
$19,948,027
63.68%
$2,342,862
35.54%
$147,238,893
64.19%
$618,278,492
57.35%
$580,643,293
55.73%
$602,457,568
55.07%
$632,041,152
55.02%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$24,409,000
$7,703,560
$143,060
$321,538
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
Year 1
$229,383,002
$73,195,110
$2,627,770
$6,321,229
Month 1
$0
$0
$0
$0
Month 2
$0
$0
$0
$0
Month 3
$0
$0
$0
$0
Month 4
$0
$0
$0
$0
Month 5
$0
$0
$0
$0
Month 6
$0
$0
$0
$0
Month 7
$0
$0
$0
$0
Month 8
$0
$0
$0
$0
Month 9
$0
$0
$0
$0
Month 10
$0
$0
$0
$0
Month 11
$0
$0
$0
$0
Month 12
$0
$0
$0
$0
Year 1
Year 2
Year 3
Year 4
$0
$0
$0
$0
Year 5
$0
$0
$0
$0
$0
$4,000
$1,000
$5,000
0.00%
$0
$6,000
$1,500
$7,500
0.00%
$0
$9,000
$1,450
$10,450
0.00%
$0
$13,500
$1,200
$14,700
0.00%
$0
$20,250
$1,800
$22,050
0.09%
$0
$30,375
$1,400
$31,775
0.08%
$0
$45,562
$1,200
$46,762
0.15%
$0
$68,343
$1,478
$69,821
0.22%
$0
$102,514
$1,400
$103,914
0.33%
$0
$153,771
$1,238
$155,009
0.45%
$0
$230,656
$1,247
$231,903
0.74%
$0
$345,984
$1,488
$347,472
5.27%
$0
$1,029,955
$16,401
$1,046,356
0.46%
$0
$800,000
$14,400
$814,400
0.08%
$0
$850,000
$15,450
$865,450
0.08%
$0
$849,000
$18,455
$867,455
0.08%
$0
$838,000
$19,548
$857,548
0.07%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$25,000
$15,000
$33,265
$5,918
$22,449
$3,061
$1,429
$2,041
$7,500
$115,663
0.00%
$0
$20,989
$15,000
$36,531
$7,755
$24,898
$3,878
$2,041
$4,693
$8,000
$123,785
0.00%
$0
$18,377
$15,000
$35,714
$6,939
$24,898
$3,878
$4,489
$5,000
$9,000
$123,296
0.00%
$0
$16,639
$15,000
$37,755
$6,939
$26,531
$3,265
$2,449
$4,500
$9,500
$122,578
0.00%
$0
$13,411
$15,000
$37,143
$6,939
$26,122
$4,286
$3,265
$4,866
$7,825
$118,857
0.49%
$0
$12,831
$15,000
$35,102
$7,551
$25,510
$4,082
$3,061
$4,950
$8,000
$116,087
0.30%
$0
$12,831
$15,000
$36,939
$5,510
$24,898
$3,061
$1,837
$4,800
$9,500
$114,376
0.37%
$0
$12,831
$15,000
$36,735
$5,510
$24,490
$3,265
$1,224
$4,700
$6,000
$109,755
0.35%
$0
$12,831
$15,000
$38,367
$4,694
$23,061
$2,041
$816
$8,000
$7,500
$112,310
0.36%
$0
$12,831
$15,000
$37,551
$4,490
$24,898
$3,061
$1,429
$5,000
$7,580
$111,840
0.33%
$0
$11,921
$15,000
$38,163
$4,490
$26,531
$2,449
$2,245
$1,000
$4,580
$106,378
0.34%
$0
$11,093
$15,000
$38,571
$5,510
$24,898
$3,469
$1,837
$1,500
$4,870
$106,747
1.62%
$0
$181,584
$180,000
$441,836
$72,245
$299,184
$39,796
$26,122
$51,050
$89,855
$1,381,672
0.60%
$0
$1,900,000
$180,000
$500,000
$76,000
$310,000
$42,458
$26,584
$50,514
$90,000
$3,175,556
0.29%
$0
$1,500,000
$180,000
$540,000
$82,000
$320,000
$48,000
$29,000
$51,200
$95,000
$2,845,200
0.27%
$0
$1,100,000
$180,000
$560,000
$85,000
$340,000
$49,000
$30,000
$52,000
$96,000
$2,492,000
0.23%
$0
$1,000,000
$180,000
$580,000
$86,511
$345,000
$48,000
$28,000
$51,000
$94,580
$2,413,091
0.21%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00%
$0
$26,000
$5,214
$31,214
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
0.00%
$0
$2,000
$0
$2,000
0.00%
$0
$2,220
$0
$2,220
0.00%
$0
$2,464
$0
$2,464
0.00%
$0
$2,735
$0
$2,735
0.00%
$122,663
$133,505
$136,210
$140,013
($350,663)
($335,663)
$667
($105,399)
($405,305)
($390,305)
$667
($121,792)
($460,718)
($445,718)
$667
($138,415)
($528,022)
($513,022)
$667
($158,607)
$0
$0
$0
$0
$0
$0
$0
($245,931)
0.00%
$0
$0
$0
$0
$0
$0
$0
($284,180)
0.00%
$0
$0
$0
$0
$0
$0
$0
($322,969)
0.00%
$0
$0
$0
$0
$0
$0
$0
($370,082)
0.00%
$0
$3,036
$0
$3,036
0.01%
$0
$3,370
$0
$3,370
0.01%
$0
$3,741
$0
$3,741
0.01%
$0
$4,153
$0
$4,153
0.01%
$0
$4,610
$0
$4,610
0.01%
$0
$5,117
$0
$5,117
0.02%
$0
$5,680
$0
$5,680
0.02%
$0
$6,305
$0
$6,305
0.10%
$0
$45,431
$0
$45,431
0.02%
$0
$24,000
$5,500
$29,500
0.00%
$0
$24,000
$5,500
$29,500
0.00%
$0
$24,500
$5,400
$29,900
0.00%
$143,943
$151,232
$164,879
$183,729
$220,834
$271,966
$343,961
$460,524
$2,473,459
$4,019,456
$3,740,150
$3,389,355
$3,301,853
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$16,096,899
$16,111,899
$667
$4,828,870
$26,030,305
$26,045,305
$667
$7,808,891
$20,521,504
$20,536,504
$667
$6,156,251
$20,367,594
$20,382,594
$667
$6,110,078
$20,166,779
$20,181,779
$667
$6,049,834
$21,840,658
$21,855,658
$667
$6,551,997
$19,604,065
$19,619,065
$667
$5,881,020
$1,882,338
$1,897,338
$667
$564,501
$144,765,434
$144,945,434
$8,000
$43,427,230
$614,259,036
$614,439,036
$8,000
$184,275,311
$576,903,143
$577,083,143
$8,000
$173,068,543
$599,068,213
$599,248,213
$8,000
$179,718,064
$628,739,299
$628,919,299
$8,000
$188,619,390
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
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$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$11,267,363
46.16%
$18,220,747
46.70%
$14,364,586
45.86%
$14,256,849
45.51%
$14,116,279
45.07%
$15,287,994
44.87%
$13,722,379
43.81%
$1,317,170
19.98%
$101,330,204
44.18%
$429,975,725
39.89%
$403,826,600
38.76%
$419,342,149
38.33%
$440,111,909
38.31%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
$0
0.00%
Start-up
Requirements
Start-up Expenses
Legal & Accounting
Stationery etc.
Other
Consultants
Lab Equipment
Local Engineering
Misc Start up
Total Start-up Expenses
Start-up Assets
$50,000
$5,000
$0
$25,000
$50,000
$50,000
$30,000
$210,000
Cash Required
Start-up Inventory
Other Current Assets
Long-term Assets
Total Assets
$645,000
$500,000
$25,000
$3,620,000
$4,790,000
Total Requirements
$5,000,000
Start-up Funding
Start-up Expenses to Fund
Start-up Assets to Fund
Total Funding Required
Assets
Non-cash Assets from Start-up

Cash Requirements from Start-up
Additional Cash Raised
Cash Balance on Starting Date
Total Assets
$210,000
$4,790,000
$5,000,000
$4,145,000
$645,000
$0
$645,000
$4,790,000
Liabilities and Capital

Liabilities
Current Borrowing
Long-term Liabilities
Accounts Payable (Outstanding Bills)
Other Current Liabilities (interest-free)
Total Liabilities
$0
$80,000
$0
$0
$80,000
Capital
Planned Investment
Owner
Investor
Additional Investment Requirement
Total Planned Investment
$30,00,000
$47,00,000
$4,920,000
$4,920,000
Loss at Start-up (Start-up Expenses)

Total Capital
($210,000)
$4,710,000
Total Capital and Liabilities
$4,790,000
Total Funding
$5,000,000
startup_accounts_payable
Past Performance
Sales
Gross Margin
Gross Margin %
Operating Expenses
Collection Period (days)
Inventory Turnover
Balance Sheet
2011
$0
$0
0.00%
$0
0
0.00
2012
$0
$0
0.00%
$0
0
0.00
2013
$0
$0
0.00%
$0
0
0.00
2011
2012
2013
Current Assets
Cash
Accounts Receivable
Inventory
Total Current Assets
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Long-term Assets
Long-term Assets
Accumulated Depreciation
Total Long-term Assets
$0
$0
$0
$0
$0
$0
$0
$0
$0
Total Assets
$0
$0
$0
Current Liabilities
Accounts Payable
Current Borrowing
Other Current Liabilities (interest free)
Total Current Liabilities
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Total Liabilities
$0
$0
$0
$0
$0
$0
Paid-in Capital
Retained Earnings
Earnings
Total Capital
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Total Capital and Liabilities
$0
$0
$0
0
$0
0.00
0
$0
0.00
0
$0
0.00
Other Inputs
Payment Days
Sales on Credit
Receivables Turnover
Pro Forma Cash Flow
Month 1
Month 2
Month 3
Month 4
Cash Received
Cash from Operations
Cash Sales
Cash from Receivables
Subtotal Cash from Operations
Additional Cash Received
Non Operating (Other) Income
Sales Tax, VAT, HST/GST Received
New Current Borrowing
New Other Liabilities (interest-free)
New Long-term Liabilities
Sales of Other Current Assets
Sales of Long-term Assets
New Investment Received
Subtotal Cash Received
Expenditures
Expenditures from Operations
Cash Spending
Bill Payments
Subtotal Spent on Operations
Additional Cash Spent
Non Operating (Other) Expense
Sales Tax, VAT, HST/GST Paid Out
Principal Repayment of Current Borrowing
Other Liabilities Principal Repayment
Long-term Liabilities Principal Repayment
Purchase Other Current Assets
Purchase Long-term Assets
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Month 1
Month 2
Month 3
Month 4
$78,000
$5,098
$83,098
$90,300
$153,796
$244,096
$104,893
$179,687
$284,580
$122,275
$204,067
$326,342
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Dividends
Subtotal Cash Spent
Net Cash Flow

Cash Balance
$0
$83,098
$0
$244,096
$0
$284,580
$0
$326,342
($83,098)
$561,902
TRUE
($244,096)
$317,807
TRUE
($284,580)
$33,227
TRUE
($326,342)
($293,115)
TRUE
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
$18,306,750
$0
$18,306,750
$29,261,250
$203,408
$29,464,658
$23,492,700
$6,223,967
$29,716,667
$23,492,850
$9,689,655
$33,182,505
$23,492,925
$7,830,902
$31,323,827
$25,553,924
$7,830,951
$33,384,874
$23,492,928
$7,853,875
$31,346,803
$0
$0
$0
$0
$0
$0
$0
$0
$18,306,750
$0
$0
$0
$0
$0
$0
$0
$0
$29,464,658
$0
$0
$0
$0
$0
$0
$0
$0
$29,716,667
$0
$0
$0
$0
$0
$0
$0
$0
$33,182,505
$0
$0
$0
$0
$0
$0
$0
$0
$31,323,827
$0
$0
$0
$0
$0
$0
$0
$0
$33,384,874
$0
$0
$0
$0
$0
$0
$0
$0
$31,346,803
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
$143,060
$897,951
$1,041,011
$168,012
$20,353,702
$20,521,714
$198,083
$24,825,866
$25,023,949
$234,463
$14,517,231
$14,751,694
$278,642
$16,820,724
$17,099,366
$332,489
$16,992,217
$17,324,706
$398,354
$19,164,247
$19,562,601
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$1,041,011
$0
$20,521,714
$0
$25,023,949
$0
$14,751,694
$0
$17,099,366
$0
$17,324,706
$0
$19,562,601
$17,265,739
$16,972,624
TRUE
$8,942,945
$25,915,568
TRUE
$4,692,718
$30,608,286
TRUE
$18,430,811
$49,039,097
TRUE
$14,224,461
$63,263,558
TRUE
$16,060,168
$79,323,726
TRUE
$11,784,202
$91,107,928
TRUE
Month 12
Year 1
Month 13
Month 14
Month 15
Month 16
$4,943,925
$8,495,075
$13,439,000
$172,037,252
$48,127,832
$220,165,084
$0
$7,624,876
$7,624,876
$0
$1,593,043
$1,593,043
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$13,439,000
$0
$0
$0
$0
$0
$0
$0
$0
$220,165,084
$0
$0
$0
$0
$0
$0
$0
$0
$7,624,876
$0
$0
$0
$0
$0
$0
$0
$0
$1,593,043
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Month 12
Year 1
Month 13
Month 14
Month 15
Month 16
$479,199
$15,892,704
$16,371,903
$2,627,770
$130,007,288
$132,635,058
$0
$2,157,363
$2,157,363
$0
$667
$667
$0
$667
$667
$0
$667
$667
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$16,371,903
($2,932,903)
$88,175,025
$0
$132,635,058
$0
$2,157,363
$0
$667
$87,530,025
$88,175,025
$5,467,513
$93,642,539
$1,592,376
$95,234,915
$0
$667
($667)
$95,234,248
$0
$667
($667)
$95,233,581
Month 17
Month 18
Month 19
Month 20
Month 21
Month 22
Month 23
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Month 17
Month 18
Month 19
Month 20
Month 21
Month 22
Month 23
$0
$667
$667
$0
$667
$667
$0
$667
$667
$0
$667
$667
$0
$667
$667
$0
$667
$667
$0
$667
$667
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$667
($667)
$95,232,915
$0
$667
($667)
$95,232,248
$0
$667
($667)
$95,231,581
$0
$667
($667)
$95,230,915
$0
$667
($667)
$95,230,248
$0
$667
($667)
$95,229,581
$0
$667
($667)
$95,228,915
Month 24
Year 2
Year 2
Year 3
Year 4
Year 5
$0
$0
$0
$0
$808,494,222
$781,449,945
$820,552,592
$861,522,480
$9,217,918
$235,396,108
$261,932,373
$271,422,374
$284,978,955
$9,217,918 ########## ########## ########## ##########
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$9,217,918 ########## ########## ########## ##########
Month 24
Year 2
Year 2
Year 3
Year 4
Year 5
$0
$667
$667
$0
$2,164,696
$2,164,696
$2,600,000
$826,388,696
$828,988,696
$3,200,000
$455,938,686
$459,138,686
$3,100,000
$654,330,482
$657,430,482
$3,100,000
$704,976,560
$708,076,560
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$667
($667)
$95,228,248
$0
$2,164,696
$0
$828,988,696
$0
$459,138,686
$0
$657,430,482
$0
$708,076,560
$7,053,223
$95,228,248
$214,901,634
$303,076,659
$584,243,632
$434,544,484
$438,424,875
$887,320,292 ########## ##########
Sources and Uses of Cash
(Indirect Cash Flow Method)
Sources of Cash
Net Income
Depreciation
Increase in Accounts Payable
Decrease in Accounts Receivable
Decrease in Inventory
New Loans
New Investment
Sales Taxes (VAT/GST) Collected
Sale of Assets
Subtotal Sources of Cash
Use of Cash
Decrease in Accounts Payable

Increase in Accounts Receivable
Increase in Inventory
Repay Loans
Purchase Other Assets
Distributions
Sales Tax Payment
Subtotal Uses of Cash
Net Cash Flow
Cash Balance
Month 1
Month 2
Month 3
Month 4
($245,931)
$15,000
$147,833
$0
$0
$0
$0
$0
$0
($83,098)
($284,180)
$15,000
$25,085
$0
$0
$0
$0
$0
$0
($244,096)
($322,969)
$15,000
$23,389
$0
$0
$0
$0
$0
$0
($284,580)
($370,082)
$15,000
$28,740
$0
$0
$0
$0
$0
$0
($326,342)
Month 1
$0
$0
$0
$0
$0
$0
$0
$0
Month 2
$0
$0
$0
$0
$0
$0
$0
$0
Month 3
$0
$0
$0
$0
$0
$0
$0
$0
Month 4
$0
$0
$0
$0
$0
$0
$0
$0
($83,098)
$561,902
($244,096)
$317,807
($284,580)
$33,227
($326,342)
($293,115)
Month 5
Month 6
Month 7
$11,267,363
$15,000
$19,289,186
$0
$0
$0
$0
$0
$0
$30,571,549
$18,220,747
$15,000
$4,830,370
$0
$0
$0
$0
$0
$0
$23,066,116
$14,364,586
$15,000
$0
$0
$2,308,020
$0
$0
$0
$0
$16,687,606
Month 5
$0
$6,102,250
$7,203,560
$0
$0
$0
$0
$13,305,810
Month 6
$0
$9,550,342
$4,572,830
$0
$0
$0
$0
$14,123,172
Month 7
$10,387,955
$1,606,933
$0
$0
$0
$0
$0
$11,994,888
$17,265,739
$16,972,624
$8,942,945
$25,915,568
$4,692,718
$30,608,286
Month 8
$14,256,849
$15,000
$2,300,277
$1,858,705
$0
$0
$0
$0
$0
$18,430,831
Month 8
$0
$0
$20
$0
$0
$0
$0
$20
$18,430,811
$49,039,097
Month 9
$14,116,279
$15,000
$93,265
$0
$0
$0
$0
$0
$0
$14,224,544
Month 9
$0
$73
$10
$0
$0
$0
$0
$83
$14,224,461
$63,263,558
Month 10
$15,287,994
$15,000
$2,268,598
$0
$0
$0
$0
$0
$0
$17,571,592
Month 10
$0
$687,024
$824,400
$0
$0
$0
$0
$1,511,423
$16,060,168
$79,323,726
Month 11
$13,722,379
$15,000
$0
$22,899
$824,399
$0
$0
$0
$0
$14,584,677
Month 11
$2,800,475
$0
$0
$0
$0
$0
$0
$2,800,475
$11,784,202
$91,107,928
Month 12
$1,317,170
$15,000
$0
$6,847,100
$2,548,800
$0
$0
$0
$0
$10,728,069
Year 1
$101,330,204
$180,000
$29,006,743
$8,728,704
$5,681,219
$0
$0
$0
$0
$144,926,870
Month 12
$13,660,972
$0
$0
$0
$0
$0
$0
$13,660,972
Year 1
$26,849,403
$17,946,622
$12,600,820
$0
$0
$0
$0
$57,396,844
($2,932,903)
$88,175,025
$87,530,025
$88,175,025
Month 13
Month 14
Month 15
Month 16
($667)
$0
$0
$7,624,876
$0
$0
$0
$0
$0
$7,624,209
($667)
$0
$0
$1,593,043
$0
$0
$0
$0
$0
$1,592,376
($667)
$0
$0
$0
$0
$0
$0
$0
$0
($667)
($667)
$0
$0
$0
$0
$0
$0
$0
$0
($667)
Month 13
$2,156,696
$0
$0
$0
$0
$0
$0
$2,156,696
Month 14
$0
$0
$0
$0
$0
$0
$0
$0
Month 15
$0
$0
$0
$0
$0
$0
$0
$0
Month 16
$0
$0
$0
$0
$0
$0
$0
$0
($667)
$95,234,248
($667)
$95,233,581
$5,467,513
$93,642,539
$1,592,376
$95,234,915
Month 17
Month 18
Month 19
Month 20
Month 21
Month 22
Month 23
($667)
$0
$0
$0
$0
$0
$0
$0
$0
($667)
($667)
$0
$0
$0
$0
$0
$0
$0
$0
($667)
($667)
$0
$0
$0
$0
$0
$0
$0
$0
($667)
($667)
$0
$0
$0
$0
$0
$0
$0
$0
($667)
($667)
$0
$0
$0
$0
$0
$0
$0
$0
($667)
($667)
$0
$0
$0
$0
$0
$0
$0
$0
($667)
($667)
$0
$0
$0
$0
$0
$0
$0
$0
($667)
Month 17
$0
$0
$0
$0
$0
$0
$0
$0
Month 18
$0
$0
$0
$0
$0
$0
$0
$0
Month 19
$0
$0
$0
$0
$0
$0
$0
$0
Month 20
$0
$0
$0
$0
$0
$0
$0
$0
Month 21
$0
$0
$0
$0
$0
$0
$0
$0
Month 22
$0
$0
$0
$0
$0
$0
$0
$0
Month 23
$0
$0
$0
$0
$0
$0
$0
$0
($667)
$95,232,915
($667)
$95,232,248
($667)
$95,231,581
($667)
$95,230,915
($667)
$95,230,248
($667)
$95,229,581
($667)
$95,228,915
Month 24
Year 2
($667)
$0
$0
$0
$0
$0
$0
$0
$0
($667)
($8,000)
$0
$0
$9,217,918
$0
$0
$0
$0
$0
$9,209,918
$429,975,725
$180,000
$71,654,423
$0
$0
$0
$0
$0
$0
$501,810,148
Month 24
$0
$0
$0
$0
$0
$0
$0
$0
Year 2
$2,156,696
$0
$0
$0
$0
$0
$0
$2,156,696
Year 2
$0
$34,101,966
$252,806,548
$0
$0
$0
$0
$286,908,514
($667)
$95,228,248
$7,053,223
$95,228,248
Year 2
$214,901,634
$303,076,659
Year 3
$403,826,600
$180,000
$0
$1,449,058
$218,379,416
$0
$0
$0
$0
$623,835,074
Year 3
$39,591,442
$0
$0
$0
$0
$0
$0
$39,591,442
Year 4
$419,342,149
$180,000
$21,311,932
$0
$0
$0
$0
$0
$0
$440,834,081
Year 4
$0
$2,095,157
$4,194,440
$0
$0
$0
$0
$6,289,597
Year 5
$440,111,909
$180,000
$2,626,938
$0
$0
$0
$0
$0
$0
$442,918,848
Year 5
$0
$2,195,205
$2,298,767
$0
$0
$0
$0
$4,493,973
$584,243,632
$434,544,484
$438,424,875
$887,320,292 ########## ##########
Inventory Detail
Months of Inventory On Hand
Minimum Inventory Purchase
Inventory Balance
Beginning Inventory Balance
Less Inventory Used as COGS
Plus Inventory Purchase
Ending Inventory Balance

Beginning Inventory Balance less COGS
Months On Hand times COGS
Direct Cost of Goods Sold/Previous Year's Direct Cost of Goods Sold
Previous Year's Ending Inventory Balance/Previous Year's Inventory Used in COGS
Months of Inventory On Hand/Previous Year's Inventory On Hand
Month 1
1.00
$2,000
Month 2
1.00
Month 3
1.00
Month 4
1.00
$500,000
$0
$0
$500,000
$500,000
$0
$0
$500,000
$500,000
$0
$0
$500,000
$500,000
$0
$0
$500,000
$500,000
$0
n.a.
n.a.
n.a.
$500,000
$0
n.a.
n.a.
n.a.
$500,000
$0
n.a.
n.a.
n.a.
$500,000
$0
n.a.
n.a.
n.a.
Month 5
1.00
Month 6
1.00
$500,000
$7,703,560
$14,907,120
$7,703,560
$7,703,560
$12,276,390
$16,849,220
$12,276,390
($7,203,560)
$7,703,560
n.a.
n.a.
n.a.
($4,572,830)
$12,276,390
n.a.
n.a.
n.a.
Month 7
1.00
$12,276,390
$9,968,370
$7,660,350
$9,968,370
$2,308,020
$9,968,370
n.a.
n.a.
n.a.
Month 8
1.00
Month 9
1.00
$9,968,370
$9,968,390
$9,968,410
$9,968,390
$9,968,390
$9,968,400
$9,968,410
$9,968,400
($20)
$9,968,390
n.a.
n.a.
n.a.
($10)
$9,968,400
n.a.
n.a.
n.a.
Month 10
1.00
$9,968,400
$10,792,800
$11,617,200
$10,792,800
($824,400)
$10,792,800
n.a.
n.a.
n.a.
Month 11
1.00
$10,792,800
$9,968,400
$9,144,001
$9,968,400
$824,399
$9,968,400
n.a.
n.a.
n.a.
Month 12
1.00
Year 1
1.09
$9,968,400
$2,548,800
$0
$7,419,600
$500,000
$73,195,110
$80,114,711
$7,419,600
$7,419,600
$2,548,800
n.a.
n.a.
n.a.
($72,695,110)
$2,548,800
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
Month 13
1.00
Month 14
1.00
Month 15
1.00
Month 16
1.00
Month 17
1.00
$7,419,600
$0
$0
$7,419,600
$7,419,600
$0
$0
$7,419,600
$7,419,600
$0
$0
$7,419,600
$7,419,600
$0
$0
$7,419,600
$7,419,600
$0
$0
$7,419,600
$7,419,600
$0
n.a.
n.a.
n.a.
$7,419,600
$0
n.a.
n.a.
n.a.
$7,419,600
$0
n.a.
n.a.
n.a.
$7,419,600
$0
n.a.
n.a.
n.a.
$7,419,600
$0
n.a.
n.a.
n.a.
Month 18
1.00
Month 19
1.00
Month 20
1.00
Month 21
1.00
Month 22
1.00
$7,419,600
$0
$0
$7,419,600
$7,419,600
$0
$0
$7,419,600
$7,419,600
$0
$0
$7,419,600
$7,419,600
$0
$0
$7,419,600
$7,419,600
$0
$0
$7,419,600
$7,419,600
$0
n.a.
n.a.
n.a.
$7,419,600
$0
n.a.
n.a.
n.a.
$7,419,600
$0
n.a.
n.a.
n.a.
$7,419,600
$0
n.a.
n.a.
n.a.
$7,419,600
$0
n.a.
n.a.
n.a.
Month 23
1.00
Month 24
1.00
Year 2
0.00
Year 2
1.09
$7,419,600
$457,113,803
$709,920,352
$260,226,149
Year 3
1.09
$7,419,600
$0
$0
$7,419,600
$7,419,600
$0
$0
$7,419,600
$7,419,600
$0
$0
$7,419,600
$260,226,149
$458,089,967
$239,710,551
$41,846,733
$7,419,600
$0
n.a.
n.a.
n.a.
$7,419,600
$0
n.a.
n.a.
n.a.
$7,419,600 ($449,694,203) ($197,863,818)

$0
$260,226,149
$41,846,733
n.a.
624.51%
100.21%
n.a.
10.14%
56.93%
n.a.
109.39%
100.00%
Year 4
1.09
$41,846,733
$481,012,555
$485,206,995
$46,041,173
Year 5
1.09
$46,041,173
$505,055,488
$507,354,256
$48,339,940
($439,165,823) ($459,014,315)
$46,041,173
$48,339,940
105.00%
105.00%
9.14%
9.57%
100.00%
100.00%
Payment Detail
Month 1
30
Payment Delay in Days
Payables
Beginning Payables Balance
Plus New Payment Obligations
Less Cash Spending
Less Bill Payments
Ending Payables Balance
$0
$230,931
$78,000
$5,098
$147,833
Payment Obligations
Operating Expenses less Depreciation

Interest and Taxes
Non-Inventory Direct Costs of Sales
Inventory Purchase
Total Payment Obligations
Less Immediate Cash Payments
New Payment Obligations this Period
$107,663
($104,732)
$228,000
$0
$230,931
$78,000
$152,931
Estimated Payments
Payments
Payments
Payments
Payments
on this Period's Bills

from Initial Balance
on Previous Balance
on Payables
Lookup Area (not included in output)

Paid This Month
Payables from Previous Month
Payables Left from Two Months Back
Payables Left from Three Months Back
Payables Left from Four Months Back
Payables Left from Five Months Back
$0
$5,098
$0
n.a.
$5,098
0.03
0.97
0.00
0.00
0.00
0.00
Month 2
30
Month 3
30
Month 4
30
Month 5
30
Month 6
30
$147,833
$269,180
$90,300
$153,796
$172,918
$172,918
$307,969
$104,893
$179,687
$196,307
$196,307
$355,082
$122,275
$204,067
$225,047
$225,047
$20,330,197
$143,060
$897,951
$19,514,233
$19,514,233
$25,352,083
$168,012
$20,353,702
$24,344,602
$118,505
($121,125)
$271,800
$0
$269,180
$90,300
$178,880
$121,210
($137,749)
$324,508
$0
$307,969
$104,893
$203,076
$125,013
($157,940)
$388,009
$0
$355,082
$122,275
$232,807
$128,943
$4,829,536
$464,598
$14,907,120
$20,330,197
$143,060
$20,187,137
$136,232
$7,809,558
$557,073
$16,849,220
$25,352,083
$168,012
$25,184,071
$5,963
$0
$147,833
$153,796
$6,769
$0
$172,918
$179,687
$7,760
$0
$196,307
$204,067
$672,905
$0
$225,047
$897,951
$839,469
$0
$19,514,233
$20,353,702
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
Month 7
30
Month 8
30
Month 9
30
Month 10
30
Month 11
30
$24,344,602
$14,635,994
$198,083
$24,825,866
$13,956,647
$13,956,647
$17,051,971
$234,463
$14,517,231
$16,256,924
$16,256,924
$17,192,631
$278,642
$16,820,724
$16,350,190
$16,350,190
$19,593,304
$332,489
$16,992,217
$18,618,788
$18,618,788
$16,762,126
$398,354
$19,164,247
$15,818,313
$149,879
$6,156,918
$668,847
$7,660,350
$14,635,994
$198,083
$14,437,911
$168,729
$6,110,745
$804,087
$9,968,410
$17,051,971
$234,463
$16,817,508
$205,834
$6,050,500
$967,887
$9,968,410
$17,192,631
$278,642
$16,913,989
$256,966
$6,552,664
$1,166,475
$11,617,200
$19,593,304
$332,489
$19,260,815
$328,961
$5,881,686
$1,407,477
$9,144,001
$16,762,126
$398,354
$16,363,772
$481,264
$0
$24,344,602
$24,825,866
$560,584
$0
$13,956,647
$14,517,231
$563,800
$0
$16,256,924
$16,820,724
$642,027
$0
$16,350,190
$16,992,217
$545,459
$0
$18,618,788
$19,164,247
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
Month 12
30
Year 1
30
Month 13
30
Month 14
30
$15,818,313
$2,710,930
$479,199
$15,892,704
$2,157,340
$0
$134,792,399
$2,627,770
$130,007,288
$2,157,340
$2,157,340
$667
$0
$2,157,363
$644
$644
$667
$0
$667
$644
$445,524
$565,168
$1,700,238
$0
$2,710,930
$479,199
$2,231,731
$2,293,459
$43,435,230
$8,948,999
$80,114,711
$134,792,399
$2,627,770
$132,164,629
$0
$667
$0
$0
$667
$0
$667
$0
$667
$0
$0
$667
$0
$667
$74,391
$0
$15,818,313
$15,892,704
$130,007,288
$0
$125,601,801
$0
$22
$0
$2,157,340
$2,157,363
$22
$0
$644
$667
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
Month 15
30
Month 16
30
Month 17
30
Month 18
30
Month 19
30
$644
$667
$0
$667
$644
$644
$667
$0
$667
$644
$644
$667
$0
$667
$644
$644
$667
$0
$667
$644
$644
$667
$0
$667
$644
$0
$667
$0
$0
$667
$0
$667
$0
$667
$0
$0
$667
$0
$667
$0
$667
$0
$0
$667
$0
$667
$0
$667
$0
$0
$667
$0
$667
$0
$667
$0
$0
$667
$0
$667
$22
$0
$644
$667
$22
$0
$644
$667
$22
$0
$644
$667
$22
$0
$644
$667
$22
$0
$644
$667
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
Month 20
30
Month 21
30
Month 22
30
Month 23
30
Month 24
30
$644
$667
$0
$667
$644
$644
$667
$0
$667
$644
$644
$667
$0
$667
$644
$644
$667
$0
$667
$644
$644
$667
$0
$667
$644
$0
$667
$0
$0
$667
$0
$667
$0
$667
$0
$0
$667
$0
$667
$0
$667
$0
$0
$667
$0
$667
$0
$667
$0
$0
$667
$0
$667
$0
$667
$0
$0
$667
$0
$667
$22
$0
$644
$667
$22
$0
$644
$667
$22
$0
$644
$667
$22
$0
$644
$667
$22
$0
$644
$667
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
Year 2
30
Year 2
30
Year 3
30
Year 4
30
Year 5
30
$2,157,340
$8,000
$0
$2,164,696
$644
$2,157,340
$900,643,119
$2,600,000
$826,388,696
$73,811,763
$73,811,763
$419,547,244
$3,200,000
$455,938,686
$34,220,321
$34,220,321
$678,742,414
$3,100,000
$654,330,482
$55,532,253
$55,532,253
$710,703,498
$3,100,000
$704,976,560
$58,159,192
$0
$8,000
$0
$0
$8,000
$0
$8,000
$3,839,456
$184,283,311
$2,600,000
$709,920,352
$900,643,119
$2,600,000
$898,043,119
$3,560,150
$173,076,543
$3,200,000
$239,710,551
$419,547,244
$3,200,000
$416,347,244
$3,209,355
$179,726,064
$10,600,000
$485,206,995
$678,742,414
$3,100,000
$675,642,414
$3,121,853
$188,627,390
$11,600,000
$507,354,256
$710,703,498
$3,100,000
$707,603,498
$2,164,696
$0
$2,164,429
$0
$824,231,355
$0
$2,157,340
$826,388,696
$382,126,922
$0
$73,811,763
$455,938,686
$620,110,161
$0
$34,220,321
$654,330,482
$649,444,307
$0
$55,532,253
$704,976,560
0.03
0.97
0.00
0.00
0.00
0.00
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
Receivables Detail
Estimated Collection Period in Days
Sales on Credit %
Receivables
Beginning Receivables Balance
Plus Sales on Credit
Less Cash from Receivables
Ending Receivables Balance

Received from this Month's Sales on Credit
Received from Initial Balance
Payments Received on Previous Balance
Payments Received on Receivables Total
Uncollected Remainder (Years Only)
Received This Month
Receivables From Previous Month
Receivables Left from two Months Back
Receivables Left from three Months Back
Receivables Left from four Months Back
Receivables Left from five Months Back
Receivables Left from six Months Back
Receivables Left from seven Months Back
Receivables Left from eight Months Back
Receivables Left from nine Months Back
Receivables Left from 10 Months Back
Previous Year Ending Balance/Previous Year Sales on Credit
Collection Period Estimator/Previous Year Collection Period Estimator
Month 1
60
25.00%
$0
Month 2
60
25.00%
Month 3
60
25.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
n.a.
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Month 4
60
25.00%
Month 5
60
25.00%
Month 6
60
25.00%
Month 7
60
25.00%
Month 8
60
25.00%
$0
$0
$0
$0
$0
$6,102,250
$0
$6,102,250
$6,102,250
$9,753,750
$203,408
$15,652,592
$15,652,592
$7,830,900
$6,223,967
$17,259,525
$17,259,525
$7,830,950
$9,689,655
$15,400,820
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$203,408
$203,408
$0
$0
$6,223,967
$6,223,967
$0
$0
$9,689,655
$9,689,655
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Month 9
60
25.00%
Month 10
60
25.00%
Month 11
60
25.00%
Month 12
60
25.00%
$15,400,820
$7,830,975
$7,830,902
$15,400,893
$15,400,893
$8,517,975
$7,830,951
$16,087,917
$16,087,917
$7,830,976
$7,853,875
$16,065,018
$16,065,018
$1,647,975
$8,495,075
$9,217,918
$0
$0
$7,830,902
$7,830,902
$0
$0
$7,830,951
$7,830,951
$0
$0
$7,853,875
$7,853,875
$0
$0
$8,495,075
$8,495,075
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Year 1
60
25.00%
$0
$57,345,751
$48,127,832
$9,217,918
$0
$0
$48,127,832
$48,127,832
$9,217,918
0
0.00
0.00
30.00
60.00
90.00
120.00
150.00
180.00
210.00
240.00
270.00
300.00
330.00
360.00
390.00
420.00
450.00
480.00
510.00
540.00
570.00
600.00
630.00
660.00
690.00
720.00
750.00
Month 13
60
25.00%
0
1
31.00
61.00
91.00
121.00
151.00
181.00
211.00
241.00
271.00
301.00
331.00
361.00
391.00
421.00
451.00
481.00
511.00
541.00
571.00
601.00
631.00
661.00
691.00
721.00
751.00
781.00
Month 14
60
25.00%
Month 15
60
25.00%
Month 16
60
25.00%
$9,217,918
$0
$7,624,876
$1,593,042
$1,593,042
$0
$1,593,043
($0)
($0)
$0
$0
($0)
($0)
$0
$0
($0)
$0
$0
$7,624,876
$7,624,876
$0
$0
$1,593,043
$1,593,043
$0
$0
$0
$0
$0
$0
$0
$0
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Month 17
60
25.00%
Month 18
60
25.00%
Month 19
60
25.00%
Month 20
60
25.00%
Month 21
60
25.00%
($0)
$0
$0
($0)
($0)
$0
$0
($0)
($0)
$0
$0
($0)
($0)
$0
$0
($0)
($0)
$0
$0
($0)
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Month 22
60
25.00%
Month 23
60
25.00%
Month 24
60
25.00%
($0)
$0
$0
($0)
($0)
$0
$0
($0)
($0)
$0
$0
($0)
$9,217,918
$0
$9,217,918
$0
FALSE
$9,217,918
$269,498,074
$235,396,108
$43,319,884
n.a.
$9,217,918
$226,178,190
$235,396,108
$43,319,884
Check
Year 2
60
25.00%
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$9,217,918
$9,217,918
$0
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Year 2
60
25.00%
0.00
0.03
0.97
0.00
0.00
0.00
16.07%
100.00%
Year 3
60
25.00%
Year 4
60
25.00%
Year 5
60
25.00%
$43,319,884
$260,483,315
$261,932,373
$41,870,826
$41,870,826
$273,517,531
$271,422,374
$43,965,983
$43,965,983
$287,174,160
$284,978,955
$46,161,188
n.a.
$43,319,884
$218,612,489
$261,932,373
$41,870,826
n.a.
$41,870,826
$229,551,548
$271,422,374
$43,965,983
n.a.
$43,965,983
$241,012,972
$284,978,955
$46,161,188
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
0.00
0.03
0.97
0.00
0.00
0.00
16.07%
100.00%
16.07%
100.00%
16.07%
100.00%
Pro Forma Balance Sheet

Assets
Month 1
Month 2
Month 3
$645,000
$0
$500,000
$25,000
$1,170,000
$561,902
$0
$500,000
$25,000
$1,086,902
$317,807
$0
$500,000
$25,000
$842,807
$33,227
$0
$500,000
$25,000
$558,227
Long-term Assets
Long-term Assets
Accumulated Depreciation
Total Assets
$3,620,000
$0
$3,620,000
$4,790,000
$3,620,000
$15,000
$3,605,000
$4,691,902
$3,620,000
$30,000
$3,590,000
$4,432,807
$3,620,000
$45,000
$3,575,000
$4,133,227
$0
$0
$0
$0
$147,833
$0
$0
$147,833
Liabilities and Capital

Current Liabilities
Accounts Payable
Current Borrowing
Other Current Liabilities
Subtotal Current Liabilities
Total Liabilities
Month 4
Month 14
Month 15
Month 16
Month 17
Month 18
Month 19
Month 20
Month 21
Month 22
Month 23
Month 24
Year 2
Year 4
Year 5
$16,972,624
$6,102,250
$7,703,560
$25,000
$30,803,434
Month 5
$25,915,568
$15,652,592
$12,276,390
$25,000
$53,869,550
Month 6
$30,608,286
$17,259,525
$9,968,370
$25,000
$57,861,181
Month 7
$49,039,097
$15,400,820
$9,968,390
$25,000
$74,433,307
Month 8
$63,263,558
$15,400,893
$9,968,400
$25,000
$88,657,851
Month 9
$79,323,726
$16,087,917
$10,792,800
$25,000
$106,229,443
Month 10
$91,107,928
$16,065,018
$9,968,400
$25,000
$117,166,347
Month 11
$88,175,025
$9,217,918
$7,419,600
$25,000
$104,837,544
Month 12
$88,175,025
$9,217,918
$7,419,600
$25,000
$104,837,544
Year 1
$93,642,539
$1,593,042
$7,419,600
$25,000
$102,680,182
Month 13
$95,234,915
($0)
$7,419,600
$25,000
$102,679,515
$95,234,248
($0)
$7,419,600
$25,000
$102,678,848
$95,233,581
($0)
$7,419,600
$25,000
$102,678,182
$95,232,915
($0)
$7,419,600
$25,000
$102,677,515
$95,232,248
($0)
$7,419,600
$25,000
$102,676,848
$95,231,581
($0)
$7,419,600
$25,000
$102,676,182
$95,230,915
($0)
$7,419,600
$25,000
$102,675,515
$95,230,248
($0)
$7,419,600
$25,000
$102,674,848
$95,229,581
($0)
$7,419,600
$25,000
$102,674,182
$95,228,915
($0)
$7,419,600
$25,000
$102,673,515
$95,228,248
($0)
$7,419,600
$25,000
$102,672,848
$95,228,248
($0)
$7,419,600
$25,000
$102,672,848
$303,076,659
$43,319,884
$260,226,149
$25,000
$606,647,692
Year 2
$887,320,292
$41,870,826
$41,846,733
$25,000
$971,062,851
Year 3
#########
$43,965,983
$46,041,173
$25,000
#########
#########
$46,161,188
$48,339,940
$25,000
#########
$3,620,000
$75,000
$3,545,000
$34,348,434
$3,620,000
$90,000
$3,530,000
$57,399,550
$3,620,000
$105,000
$3,515,000
$61,376,181
$3,620,000
$120,000
$3,500,000
$77,933,307
$3,620,000
$135,000
$3,485,000
$92,142,851
$3,620,000
$150,000
$3,470,000
$109,699,443
$3,620,000
$165,000
$3,455,000
$120,621,347
$3,620,000
$180,000
$3,440,000
$108,277,544
$3,620,000
$180,000
$3,440,000
$108,277,544
$3,620,000
$180,000
$3,440,000
$106,120,182
$3,620,000
$180,000
$3,440,000
$106,119,515
$3,620,000
$180,000
$3,440,000
$106,118,848
$3,620,000
$180,000
$3,440,000
$106,118,182
$3,620,000
$180,000
$3,440,000
$106,117,515
$3,620,000
$180,000
$3,440,000
$106,116,848
$3,620,000
$180,000
$3,440,000
$106,116,182
$3,620,000
$180,000
$3,440,000
$106,115,515
$3,620,000
$180,000
$3,440,000
$106,114,848
$3,620,000
$180,000
$3,440,000
$106,114,182
$3,620,000
$180,000
$3,440,000
$106,113,515
$3,620,000
$180,000
$3,440,000
$106,112,848
$3,620,000
$180,000
$3,440,000
$106,112,848
$3,620,000
$360,000
$3,260,000
$609,907,692
$3,620,000
$540,000
$3,080,000
$974,142,851
$3,620,000
$720,000
$2,900,000
#########
$3,620,000
$900,000
$2,720,000
#########
Starting Balances
Current Assets
Cash
Accounts Receivable
Inventory
Month 1
Month 3
$196,307
$0
$0
$196,307
$3,620,000
$60,000
$3,560,000
$3,791,885
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
Year 1
$225,047
$0
$0
$225,047
$19,514,233
$0
$0
$19,514,233
$24,344,602
$0
$0
$24,344,602
$13,956,647
$0
$0
$13,956,647
$16,256,924
$0
$0
$16,256,924
$16,350,190
$0
$0
$16,350,190
$18,618,788
$0
$0
$18,618,788
$15,818,313
$0
$0
$15,818,313
$2,157,340
$0
$0
$2,157,340
$2,157,340
$0
$0
$2,157,340
$80,000
$305,047
$80,000
$2,237,340
$80,000
$2,237,340
Month 13
$644
$0
$0
$644
$644
$0
$0
$644
$644
$0
$0
$644
$644
$0
$0
$644
$644
$0
$0
$644
$644
$0
$0
$644
$644
$0
$0
$644
$644
$0
$0
$644
$644
$0
$0
$644
$644
$0
$0
$644
$644
$0
$0
$644
$644
$0
$0
$644
$644
$0
$0
$644
Year 3
$34,220,321
$0
$0
$34,220,321
Year 4
$55,532,253
$0
$0
$55,532,253
Year 5
$58,159,192
$0
$0
$58,159,192
$80,000
$14,036,647
$80,000
$16,336,924
$80,000
$16,430,190
$80,000
$18,698,788
$80,000
$15,898,313
$80,000
$73,891,763
$80,000
$34,300,321
$80,000
$55,612,253
$80,000
$58,239,192
$4,920,000
($210,000)
$42,629,534
$47,339,534
$61,376,181
$4,920,000
($210,000)
$56,886,383
$61,596,383
$77,933,307
$4,920,000
($210,000)
$71,002,662
$75,712,662
$92,142,851
$4,920,000
($210,000)
$86,290,655
$91,000,655
$109,699,443
$4,920,000
($210,000)
$100,013,034
$104,723,034
$120,621,347
$4,920,000
($210,000)
$101,330,204
$106,040,204
$108,277,544
$4,920,000
($210,000)
$101,330,204
$106,040,204
$108,277,544
$4,920,000
$101,120,204
($667)
$106,039,537
$106,120,182
$4,920,000
$101,120,204
($1,333)
$106,038,871
$106,119,515
$4,920,000
$101,120,204
($2,000)
$106,038,204
$106,118,848
$4,920,000
$101,120,204
($2,667)
$106,037,537
$106,118,182
$4,920,000
$101,120,204
($3,333)
$106,036,871
$106,117,515
$4,920,000
$101,120,204
($4,000)
$106,036,204
$106,116,848
$4,920,000
$101,120,204
($4,667)
$106,035,537
$106,116,182
$4,920,000
$101,120,204
($5,333)
$106,034,871
$106,115,515
$4,920,000
$101,120,204
($6,000)
$106,034,204
$106,114,848
$4,920,000
$101,120,204
($6,667)
$106,033,537
$106,114,182
$4,920,000
$101,120,204
($7,333)
$106,032,871
$106,113,515
$4,920,000
$101,120,204
($8,000)
$106,032,204
$106,112,848
$4,920,000
$101,120,204
($8,000)
$106,032,204
$106,112,848
$4,920,000
$101,120,204
$429,975,725
$536,015,929
$609,907,692
$4,920,000
$531,095,929
$403,826,600
$939,842,529
$974,142,851
$4,920,000
$934,922,529
$419,342,149
#########
#########
$4,920,000
#########
$440,111,909
#########
#########
Net Worth
$4,710,000
$4,464,069
$4,179,889
$3,856,920
$3,486,838
$14,754,201
$32,974,948
$47,339,534
$61,596,383
$75,712,662
$91,000,655
$104,723,034
$106,040,204
$106,040,204
$106,039,537
$106,038,871
$106,038,204
$106,037,537
$106,036,871
$106,036,204
$106,035,537
$106,034,871
$106,034,204
$106,033,537
$106,032,871
$106,032,204
$106,032,204
$536,015,929
$939,842,529
#########
#########
Cash Balance
Pilot Cash Balance
Variance
Month 13
Month 14
($0)
Month 20
($0)
Month 21
($0)
Month 22
($0)
Month 23
($0)
Month 24
$15,652,592
$17,259,525
$15,400,820
$15,400,893
$16,087,917
$16,065,018
$9,217,918
$1,593,042
$7,703,560
$12,276,390
$9,968,370
$9,968,390
$9,968,400
$10,792,800
$9,968,400
$7,419,600
$7,419,600
$7,419,600
$7,419,600
$7,419,600
$7,419,600
$7,419,600
$7,419,600
$7,419,600
$7,419,600
$7,419,600
$7,419,600
$7,419,600
$147,833
$172,918
$196,307
$225,047
$19,514,233
$24,344,602
$13,956,647
$16,256,924
$16,350,190
$18,618,788
$15,818,313
$644
$644
$644
$644
$644
$644
$644
$644
$644
$644
$644
$644
Cash Balance
$16,972,624
$25,915,568
$30,608,286
$49,039,097
$63,263,558
$79,323,726
$91,107,928
$88,175,025 Pilot Cash Balance
######### ######### ######### ######### ######### ######### ######### ######### Variance
($0)
Month 19
$6,102,250
($293,115)
$293,115
($0)
Month 18
$0
$500,000
$33,227
($33,227)
($0)
Month 17
$0
$500,000
$317,807
($317,807)
($0)
Month 16
$0
$500,000
$561,902
($561,902)
($0)
Month 15
$0
$500,000
($0)
$93,642,539
$95,234,915
$95,234,248
$95,233,581
$95,232,915
$95,232,248
$95,231,581
$95,230,915
$95,230,248
$95,229,581
$95,228,915
$95,228,248
######### ######### ######### ######### ######### ######### ######### ######### ######### ######### ######### #########
$80,000
$80,644
Year 2
$73,811,763
$0
$0
$73,811,763
$4,920,000
($210,000)
$28,264,948
$32,974,948
$57,399,550
Month 12 Cash Pilot

Accounts Receivable Balance
Pilot Accounts Receivable Balance
Inventory Balance
Pilot Inventory Balance
Accounts Payable Balance
$2,157,340 Pilot Accounts Payable Balance
$80,000
$80,644
Year 2
$80,000
$24,424,602
Month 11
$80,000
$80,644
Month 24
$4,920,000
($210,000)
$10,044,201
$14,754,201
$34,348,434
Month 10
$80,000
$80,644
Month 23
$80,000
$19,594,233
Month 9
$80,000
$80,644
Month 22
$4,920,000
($210,000)
($1,223,162)
$3,486,838
$3,791,885
Month 8
$80,000
$80,644
Month 21
$80,000
$276,307
Month 7
$80,000
$80,644
Month 20
$4,920,000
($210,000)
($853,080)
$3,856,920
$4,133,227
Month 6
$80,000
$80,644
Month 19
$80,000
$252,918
Month 5
$80,000
$80,644
Month 18
$4,920,000
($210,000)
($530,111)
$4,179,889
$4,432,807
Month 4
$80,000
$80,644
Month 17
$80,000
$227,833
Month 3
$80,000
$80,644
Month 16
$4,920,000
($210,000)
($245,931)
$4,464,069
$4,691,902
Month 2
$80,000
$80,644
Month 15
$4,920,000
($210,000)
$0
$4,710,000
$4,790,000
Month 1
$80,000
$80,644
Month 14
Paid-in Capital
Retained Earnings
Earnings
Total Capital
Total Liabilities and Capital
Cash Pilot
Accounts Receivable Balance
Pilot Accounts Receivable Balance
Inventory Balance
Pilot Inventory Balance
Accounts Payable Balance
Pilot Accounts Payable Balance
$80,000
$80,000
Month 2
$172,918
$0
$0
$172,918
($293,115)
$0
$500,000
$25,000
$231,885
Milestones
Milestone
Name me
Name me
Name me
Name me
Name me
Name me
Name me
Name me
Name me
Name me
Totals
Start Date
12/17/2013
12/17/2013
12/17/2013
12/17/2013
12/17/2013
12/17/2013
12/17/2013
12/17/2013
12/17/2013
12/17/2013
End Date
1/16/2014
1/16/2014
1/16/2014
1/16/2014
1/16/2014
1/16/2014
1/16/2014
1/16/2014
1/16/2014
1/16/2014
Budget
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Manager
ABC
ABC
ABC
ABC
ABC
ABC
ABC
ABC
ABC
ABC
Department
Department
Department
Department
Department
Department
Department
Department
Department
Department
Department
Start Date
12/17/2013
12/17/2013
12/17/2013
12/17/2013
12/17/2013
12/17/2013
12/17/2013
12/17/2013
12/17/2013
12/17/2013
End Date
1/16/2014
1/16/2014
1/16/2014
1/16/2014
1/16/2014
1/16/2014
1/16/2014
1/16/2014
1/16/2014
1/16/2014
Budget
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Manager
ABC
ABC
ABC
ABC
ABC
ABC
ABC
ABC
ABC
ABC
Department
Department
Department
Department
Department
Department
Department
Department
Department
Department
Department
Start Date
0
0
0
0
0
0
0
0
0
0
End Date
0
0
0
0
0
0
0
0
0
0
Budget
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Manager
ABC
ABC
ABC
ABC
ABC
ABC
ABC
ABC
ABC
ABC
Department
Department
Department
Department
Department
Department
Department
Department
Department
Department
Department
Long-term
Sales
Cost of Sales
Gross Margin
Gross Margin %
Operating Expenses
Operating Income
Net Income
Current Assets
Long-term Assets
Current Liabilities
Equity
Year 1
$229,383,002
$82,144,109
$147,238,893
64.19%
$2,473,459
$144,765,434
$101,330,204
$104,837,544
$3,440,000
$2,157,340
$80,000
$106,040,204
Year 2
##########
$459,713,803
$618,278,492
57.35%
$4,019,456
$614,259,036
$429,975,725
$606,647,692
$3,260,000
$73,811,763
$80,000
$536,015,929
Year 3
Year 4
Year 5
########## ########## ##########
$461,289,967
$491,612,555
$516,655,488
$580,643,293
$602,457,568
$632,041,152
55.73%
55.07%
55.02%
$3,740,150
$3,389,355
$3,301,853
$576,903,143
$599,068,213
$628,739,299
$403,826,600
$419,342,149
$440,111,909
$971,062,851 ########## ##########
$3,080,000
$2,900,000
$2,720,000
$34,220,321
$55,532,253
$58,159,192
$80,000
$80,000
$80,000
$939,842,529 ########## ##########
Year 6
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
Year 7
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
Year 8
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
Year 9
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
Year 10
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
$0
$0
$0
Investment Analysis
Initial Investment
Investment
Dividends
Ending Valuation
Combination as Income Stream
Percent Equity Acquired
Net Present Value (NPV)
Internal Rate of Return (IRR)
Assumptions
Discount Rate
Valuation Earnings Multiple
Valuation Sales Multiple
Investment (calculated)
Dividends
Calculated Earnings-based Valuation
Calculated Sales-based Valuation
Calculated Average Valuation
Start
$4,920,000
$0
$0
($4,920,000)
35%
$865,038,399
216%
Year 1
$0
$0
$0
$0
10.00%
10
2
$4,920,000
$0
$0
##########
$458,770,000
$736,035,000
Year 2
Year 3
Year 4
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
10
2
10
2
10
2
Year 5
$0
$0
##########
##########
10
2
$0
$0
$0
$0
$0
$0
$0
$0
########## ########## ########## ##########
########## ########## ########## ##########
########## ########## ########## ##########
Use of Funds
Use
Name
Name
Name
Name
Total
Amount
$0
$0
$0
$0
$0
Payback
Projected Payback Calculation
Investment
Cash Returns by Year
Combination as Income Stream
Cumulative Net Cash Flow to Investors
Payback Period
($400,000)
($300,000)
($200,000)
($100,000)
$0
$100,000
$200,000
$300,000
$400,000
$500,000
Investment
$500,000
($500,000)
($500,000)
5 years
1
2
3
4
5
6
7
8
9
10
Year 1
$100,000
$100,000
($400,000)
1
Year 2
Year 3
Year 4
$100,000
$100,000
$100,000
$100,000
$100,000
$100,000
($300,000) ($200,000) ($100,000)
2
Year 5
$100,000
$100,000
$0
5
Year 6
$100,000
$100,000
$100,000
6
Year 7
$100,000
$100,000
$200,000
7
Year 8
$100,000
$100,000
$300,000
8
Year 9
$100,000
$100,000
$400,000
9
Year 10
$100,000
$100,000
$500,000
10
Investment Offering
Seed
1
Round 1
2
Investment Amount
Equity Share Offering Percentage
Valuation
Investor Exit Payout
Investor Years Until Exit
Investor IRR
$0
0.00%
$0
$0
6
0.00%
$0
0.00%
$0
$0
5
0.00%
Share Ownership
Year 1
0
Year 2
0
0
0
0
$0.00
0
0
0
Proposed Year:
Valuation, Investment, Shares
Founders' Shares
Stock Split Multiple
Stock Options Issued
Investor Shares Issued
Price per share
Options Holders' Shares
Year 1 Investors' Shares
Total Shares Outstanding
Equity Ownership Percentage

Founders' Equity
Option Holders' Equity
Year 1 Investors' Equity
Total Equity
Investors' Equity
Founders' & Employees' Equity

Post-Split Pre-Investment Shares
Post-money total shares
0
0
$0.00
0
0
Year 1
0.00%
0.00%
0.00%
Year 2
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0
0
Years
0
1
2
3
4
5
6
7
8
9
10
11
0
0
Seed
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
12
13
14
15
16
17
18
19
20
21
22
23
24
25
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Round 2
3
$0
0.00%
$0
$0
4
0.00%
Exit
7
$0
Year 3
0
0
0
0
$0.00
0
0
0
0
0
Year 7
0
0
0
Year 3
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Year 7
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0
0
Round 1
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0.00
0
0
0
0
0
0
Round 2
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Personal Net Worth

Assets
Current Assets
Checking
Savings
Investment
Household Goods
Auto
Auto
All Other
Notes:
Balance
$0
$0
$0
$0
$0
$0
$0
$0
Long-term Assets
Main Residence
Improvements
Account
All Other
$0
$0
$0
$0
$0
Total Assets
$0
Liabilities
Current Borrowing
Credit Card
Credit Card
Credit Card
Auto Loan
Other Current Debt
Other Current Debt
All Other
Subtotal Current Borrowing
Balance
$0
$0
$0
$0
$0
$0
$0
$0
Long-term Borrowing
Mortgage
Other Long-term Loans
All Other
Subtotal Long-term Borrowing
$0
$0
$0
$0
Total Liabilities
$0
Net Worth
$0
A
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
Ratio Analysis
Sales Growth
Year 1
n.a.
AA
AB
AC
AD
AE
AF
Year 3
-3.35%
AG
Year 4
5.00%
AH
Year 2
-100.00%
Year 2
369.95%
Year 5 Industry Profile

4.99%
0.00%
8.51%
6.85%
0.02%
96.82%
3.18%
100.00%
0.00%
6.99%
0.02%
96.76%
3.24%
100.00%
7.10%
42.67%
0.00%
99.47%
0.53%
100.00%
4.30%
4.30%
0.00%
99.68%
0.32%
100.00%
3.11%
3.25%
0.00%
99.80%
0.20%
100.00%
2.49%
2.60%
0.00%
99.85%
0.15%
100.00%
0.00%
0.00%
100.00%
100.00%
0.00%
100.00%
1.99%
0.07%
2.07%
97.93%
0.00%
0.08%
0.08%
99.92%
12.10%
0.01%
12.12%
87.88%
3.51%
0.01%
3.52%
96.48%
3.93%
0.01%
3.93%
96.07%
3.13%
0.00%
3.14%
96.86%
0.00%
0.00%
0.00%
100.00%
100.00%
64.19%
20.01%
0.45%
63.11%
100.00%
0.00%
0.00%
0.00%
0.00%
100.00%
57.35%
17.47%
0.07%
56.98%
100.00%
55.73%
16.97%
0.08%
55.37%
100.00%
55.07%
16.74%
0.08%
54.76%
100.00%
55.02%
16.71%
0.07%
54.74%
100.00%
0.00%
0.00%
0.00%
0.00%
48.60
45.16
2.07%
136.51%
133.69%
159,319.94
147,806.76
0.08%
-0.01%
-0.01%
8.22
4.69
12.12%
114.60%
100.71%
28.38
27.15
3.52%
61.38%
59.22%
25.42
24.60
3.93%
44.07%
42.34%
31.89
31.06
3.14%
34.94%
33.85%
0.00
0.00
0.00%
0.00%
0.00%
Year 3
38.76%
42.97%
Year 4
38.33%
30.85%
Year 5
38.31%
24.46%
Percent of Total Assets

Accounts Receivable
Inventory
Long-term Assets
Total Assets
Current Liabilities
Total Liabilities
Net Worth
Percent of Sales
18
19
20
21
22
23
24
Sales
Gross Margin
Selling, General & Administrative Expenses
Advertising Expenses
25
26
27
28
29
30
31
Current
Quick
Total Debt to Total Assets
Pre-tax Return on Net Worth
Pre-tax Return on Assets
32
33
34
35
Net Profit Margin

Return on Equity
Main Ratios
Additional Ratios
Year 1
44.18%
95.56%
Year 2
0.00%
-0.01%
Year 2
39.89%
80.22%
n.a
n.a
Activity Ratios
36
37
38
39
40
41
42
43
Accounts Receivable Turnover

Collection Days
Inventory Turnover
Accounts Payable Turnover
Payment Days
Total Asset Turnover
44
45
46
47
Debt to Net Worth

Current Liab. to Liab.
48
49
50
51
Net Working Capital

Interest Coverage
52
53
54
55
56
57
6.22
59
10.97
61.26
27
2.12
0.00
0
0.00
12.41
49,229
0.00
6.22
36
3.42
12.17
15
1.77
6.22
60
3.03
12.17
47
1.07
6.22
57
10.95
12.17
24
0.77
6.22
57
10.70
12.17
29
0.62
n.a
n.a
n.a
n.a
n.a
n.a
0.03
1.00
n.a
n.a
Debt Ratios
0.02
0.96
0.00
0.01
0.14
1.00
0.04
1.00
$102,680,204
18,095.68
$102,672,204
0.00
$532,835,929
76,782.38
$936,842,529
72,112.89
0.57
12%
4.11
2.01
0.00
0.93
4%
25.93
1.11
0.00
0.04
1.00
Liquidity Ratios
#########
74,883.53
#########
78,592.41
n.a
n.a
Additional Ratios
Assets to Sales
Current Debt/Total Assets
Acid Test
Sales/Net Worth
Dividend Payout
0.47
2%
40.88
2.16
0.00
n.a.
0%
147,806.76
0.00
0.00
1.29
4%
23.80
0.80
0.00
1.62
3%
30.27
0.64
0.00
n.a
n.a
n.a
n.a
n.a
196238288.xls.ms_office as of 12/17/2013
What is the Logistics worksheet?
Copyright 1999-2007 Palo Alto Software, Inc.
The Logistics worksheet is where we

keep the Plan Settings. These Plan
Settings will change based on the
choices you make in the Plan Setup.
We use these Plan Settings to
customize your plan and make table
calculations. Deleting this worksheet or
any of these Plan Settings will generate
errors in this workbook.
Plan Settings
Plan Setting Name
PS_PlanTitle
PS_ExpenseCategories
PS_AdministrativeLabel
PS_SalesMarketingLabel
PS_ProductionLabel
PS_OtherLabel
PS_Startup
PS_Products
PS_NonProfit
PS_Inventory
PS_Receivables
PS_Accrual
PS_StandardTerm
PS_StartingMonth
PS_StartingYear
PS_Date
PS_AnnualDetail
PS_SalesByUnits
PS_QuickBooks
PS_NetOtherIncome
PS_Accounting
PS_PersonnelbyPeople
PS_Premier
PS_ProductServices
Value
ACME Consulting
TRUE
General and Administrative
Sales and Marketing
Production
Other
TRUE
FALSE
FALSE
TRUE
TRUE
TRUE
FALSE
1
2014
FALSE
FALSE
TRUE
FALSE
FALSE
FALSE
FALSE
TRUE
1
PS_DateSetting
PS_CellFormat
Public Names
accounts_payable
accounts_receivable
accounts_receivable_lookup
accumulated_depreciation
acid_test
additional_investment_requirement
assets_to_sales
average_per_unit_revenue
Start Cell
=Balance!$A$21:$AG$21
=Balance!$A$7:$AG$7
='Receivables Detail'!$B$30:$AB$39
=Ratios!$O$55:$AH$55
=Funding!$B$28
='Break-even'!$O$7
$500.00
Page 119
average_per_unit_revenue_calculated ='Break-even'!$O$16
average_per_unit_variable_cost
='Break-even'!$O$8
average_variable_cost
='Break-even'!$O$9
beginning_payables_balance
='Payment Detail'!$A$7:$AG$7
beginning_receivables_balance
='Receivables Detail'!$A$8:$AG$8
cash
=Balance!$A$6:$AN$6
cash_balance_on_starting_date
=Funding!$B$10
cash_from_receivables
='Cash Flow'!$A$7:$AG$7
cash_sales
='Cash Flow'!$B$6:$AG$6
cash_spending
='Cash Flow'!$C$24:$AG$24
collection_days
=Ratios!$A$38:$AH$38
collection_days_estimator
='Receivables Detail'!$A$3:$AN$3
Collection_Period
='Receivables Detail'!$B$3:$BT$3
cost_of_unit_sales
='P&L'!$A$4:$AN$4
current_borrowing
current_interest_rate
=Assumptions!$A$4:$AG$4
depreciation
='P&L'!$A$24:$AN$24
depreciation_actual
='P&L'!$CO$24:$DF$24
depreciation_variance
='P&L'!$DH$24:$DY$24
direct_cost_of_sales
='P&L'!$A$4:$AG$4
dividend_payout
dividends
earnings
ending_inventory_balance
='Inventory Detail'!$A$11:$AG$11
ending_payables_balance
ending_receivables_balance
estimated_collection_period_in_days
estimated_monthly_fixed_cost
='Break-even'!$O$10
estimated_monthly_fixed_cost_calculated
='Break-even'!$O$18
estimated_receivables_balance
general_and_administrative_payroll
='P&L'!$A$22:$AG$22
general_and_administrative_percent
='P&L'!$A$31:$AG$31
gross_margin
='P&L'!$A$9:$AG$9
gross_margin_actual
='P&L'!$CO$9:$DF$9
gross_margin_percent
='P&L'!$A$10:$AG$10
gross_margin_variance
='P&L'!$DH$9:$DY$9
include_negative_taxes
='P&L'!$AD$60:$AG$60
include_negative_taxes_2nd_year
='P&L'!$AC$60
include_negative_taxes_first_year
='P&L'!$O$60
interest_expense
='P&L'!$A$44:$AG$44
interest_expense_actual
='P&L'!$CO$44:$DF$44
interest_expense_variance
='P&L'!$DH$44:$DY$44
inventory
=Balance!$A$8:$AG$8
inventory_purchase
='Inventory Detail'!$A$10:$BT$10
inventory_purchased_this_period
inventory_turnover
inventory_used_this_period
less_bill_payments
less_cash_spending
long_term_assets
long_term_interest_rate
long_term_liabilities
long_term_liabilities_principal_repayment
minimum_inventory_purchase
='Inventory Detail'!$C$4
Page 120
monthly_sales_breakeven
='Break-even'!$O$4
monthly_units_breakeven
='Break-even'!$O$3
months_of_inventory_on_hand
net_cash_flow
net_other_income
='P&L'!$A$57:$AG$57
net_other_income_actual
='P&L'!$CO$57:$DF$57
net_other_income_variance
='P&L'!$DH$57:$DY$57
net_profit
='P&L'!$A$58:$AG$58
net_profit_actual
='P&L'!$CO$58:$DF$58
net_profit_margin
net_profit_variance
='P&L'!$DH$58:$DY$58
net_worth
new_accounts_payable
='Payment Detail'!$A$23:$AN$23
new_current_borrowing
new_investment_received
new_long_term_liabilities
new_other_liabilities_interest_free
new_payment_obligations_this_period ='Payment Detail'!$A$23:$AG$23
other_current_liabilities
other_liabilities_principal_repayment
paid_in_capital
past_capital_assets
=Past!$D$21
past_performance_accounts_payable
=Past!$D$28
past_performance_accounts_receivable =Past!$D$15
past_performance_accumulated_depreciation
=Past!$D$22
past_performance_cash
=Past!$D$14
past_performance_collection_days
=Past!$D$7
past_performance_current_borrowing =Past!$D$29
past_performance_earnings
=Past!$D$38
past_performance_gross_margin
=Past!$D$4
past_performance_gross_margin_percent
=Past!$D$5
past_performance_inventory
=Past!$D$16
past_performance_inventory_turnover =Past!$D$8
past_performance_long_term_liabilities =Past!$D$33
past_performance_operating_expenses =Past!$D$6
past_performance_other_current_assets=Past!$D$17
past_performance_other_current_liabilities
=Past!$D$30
past_performance_paid_in_capital
=Past!$D$36
past_performance_payment_days
=Past!$D$44
past_performance_sales
=Past!$D$3
payment_days_estimator
payment_delay_in_days
='Payment Detail'!$C$3
payroll
=Personnel!$C$72:$AN$72
payroll_expense
=Assumptions!$A$11:$AN$11
payroll_taxes
='P&L'!$A$28:$AG$28
Payroll1
Payroll2
Payroll3
=Personnel!$A$42:$AN$42
Payroll3GA
Payroll3OTH
Payroll3P
Payroll3SM
Payroll4
=Personnel!$A$68:$AN$68
Payroll4GA
Page 121
Payroll4OTH
Payroll4P
Payroll4SM
percent_equity_acquired
='Investment Analysis'!$N$8
plan_month
=Assumptions!$A$3:$BT$3
plus_new_payment_obligations
principal_repayment_of_current_borrowing
production_payroll
='P&L'!$5:$5
profit_before_int_and_taxes
='P&L'!$A$42:$AG$42
profit_before_interest_and_taxes
='P&L'!$A$42:$AG$42
profit_before_interest_and_taxes_actual='P&L'!$CO$42:$DF$42
profit_before_interest_and_taxes_variance
='P&L'!$DH$42:$DY$42
purchase_long_term_assets
purchase_other_current_assets
RD_CollectionDays
='Receivables Detail'!$C$3
retained_earnings
sales
='P&L'!$A$3:$AG$3
sales_2
='P&L'!$A$3:$AG$3
sales_3
='P&L'!$A$3:$AG$3
sales_4
='P&L'!$A$3:$AG$3
sales_5
='P&L'!$A$3:$AG$3
sales_6
='P&L'!$A$3:$AG$3
sales_actual
='P&L'!$CO$3:$DF$3
sales_and_marketing_percent
='P&L'!$A$19:$AG$19
sales_of_long_term_assets
sales_of_other_current_assets
sales_on_credit
sales_on_credit_percent
sales_tax_vat_hst_gst_paidout
sales_tax_vat_hst_gst_received
sales_units_directcosts
='Sales Forecast'!$A$41:$AG$43
sales_units_sales
sales_variance
='P&L'!$DH$3:$DY$3
salesunits
salesunits_actual
='Sales Forecast'!$CO$33:$DF$33
salesunits_variance
='Sales Forecast'!$DH$33:$DY$33
salesvalues
salesvalues_actual
salesvalues_variance
Starting_balance_accounts_receivable =Balance!$B$7
starting_balance_inventory
=Balance!$B$8
starting_balance_payables
=Balance!$B$21
startup_accounts_payable
=Funding!$B$19
startup_additional_cash_raised
=Funding!$B$9
startup_cash_required
='Start-up'!$B$15
startup_current_borrowing
=Funding!$B$17
startup_inventory
='Start-up'!$B$16
startup_long_term_assets
='Start-up'!$B$18
startup_long_term_liabilities
=Funding!$B$18
startup_other_current_assets
='Start-up'!$B$17
startup_other_current_liabilities
=Funding!$B$20
startup_total_assets
='Start-up'!$B$19
startup_total_capital
=Funding!$B$32
startup_total_investment
=Funding!$B$29
Page 122
startup_total_liabilities
=Funding!$B$21
startup_total_requirements
='Start-up'!$B$21
subtotal_cash_from_operations
subtotal_cash_received
subtotal_cash_spent
subtotal_current_liabilities
subtotal_direct_cost_of_sales_units
subtotal_direct_cost_of_sales_units_actual
subtotal_direct_cost_of_sales_units_variance
subtotal_direct_cost_of_sales_values
subtotal_direct_cost_of_sales_values_actual
subtotal_direct_cost_of_sales_values_variance
subtotal_spent_on_operations
tax_rate
taxes_incurred
='P&L'!$A$45:$AG$45
taxes_incurred_actual
='P&L'!$CO$45:$DF$45
taxes_incurred_variance
='P&L'!$DH$45:$DY$45
total_assets
total_capital
total_cost_of_sales
='P&L'!$A$7:$AG$7
total_cost_of_sales_actual
='P&L'!$CO$7:$DF$7
total_cost_of_sales_variance
='P&L'!$DH$7:$DY$7
total_current_assets
total_expense
='P&L'!$A$30:$AG$30
total_general_and_administrative_expense
='P&L'!$A$30:$AG$30
total_general_and_administrative_expense_actual
='P&L'!$CO$30:$DF$30
total_general_and_administrative_expense_variance
='P&L'!$DH$30:$DY$30
total_liabilities
total_liabilities_and_capital
total_long_term_assets
total_operating_expenses
='P&L'!$A$40:$AG$40
total_operating_expenses_actual
='P&L'!$CO$40:$DF$40
total_operating_expenses_variance
='P&L'!$DH$40:$DY$40
total_other_expense
='P&L'!$A$55:$AG$55
total_other_expense_actual
='P&L'!$CO$55:$DF$55
total_other_expense_variance
='P&L'!$DH$55:$DY$55
total_other_income
='P&L'!$A$50:$AG$50
total_other_income_actual
='P&L'!$CO$50:$DF$50
total_other_income_variance
='P&L'!$DH$50:$DY$50
total_other_operating_expenses
='P&L'!$A$37:$AG$37
total_other_operating_expenses_actual ='P&L'!$CO$37:$DF$37
total_other_operating_expenses_variance
='P&L'!$DH$37:$DY$37
total_sales_and_marketing_expense
='P&L'!$A$18:$AG$18
total_sales_and_marketing_expense_actual
='P&L'!$CO$18:$DF$18
total_sales_and_marketing_expense_variance
='P&L'!$DH$18:$DY$18
total_startup_expenses
='Start-up'!$B$12
total_unit_sales
valuation_earnings_multiple
='Investment Analysis'!$B$14:$AG$14
valuation_sales_multiple
='Investment Analysis'!$B$15:$AG$15
variable_cost_per_unit_calculated
='Break-even'!$O$17
Page 123
o Alto Software, Inc.
Workbook version:
ACME Consulting
TRUE
General and Administrative
Sales and Marketing
Production
Other
TRUE
FALSE
FALSE
TRUE
TRUE
TRUE
FALSE
1
2014
FALSE
FALSE
TRUE
FALSE
FALSE
FALSE
FALSE
TRUE
1
Page 124
Page 125
Page 126
Page 127
:$AG$14
:$AG$15
Page 128
3.08.000
Description
Plan title
True, if you select YES for expense categories
Expense categories label
True, for a start-up business - False for an ongoing business
True, if you sell products
True, if you selected the non-profit business type
True, if you manage inventory
True, if you sell on credit
True, if you selected the standard financials - False if you selected cash-basis
True, if you selected a "Standard Term" business plan - False if you selected the "Long-term" plan
1 if your starting month is set for January, 3 if it's set for March etc.
The starting year for your plan
Used to set PS_DateSetting
True, if you selected a 2nd year of monthly data - False, if you didn't
True, if you selected a units-based forecast - False, if you chose to forecast by values
True, if you selected "Yes, I use Quickbooks and I plan on importing financial data later."
True, if you chose to track other income and expenses
True, if you chose to forecast personnel costs by the number of employees and average salaries
True, if you chose to forecast personnel costs by the number of employees and average salaries
True, if the workbook was created by the Premier version
Usually set to 2, 1 if you chose to replace month and year labels with non-date specific month and year labels
Page 129
Page 130
Page 131
Page 132
Page 133
and year labels
Page 134

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A

Calculated Totals (not included in output)

Normal Operating Expenses

Net Cash Flow

Plus Money Received

Less Money Spent

Profit Before Interest and Taxes

Average Per-Unit Revenue

Direct Cost of Sales

Recycled Flake PET

Direct Unit Costs

Direct Cost of Sales

Sales and Marketing Personnel

General and Administrative Personnel

Sales and Marketing Personnel

General and Administrative Personnel

Total Payroll Expenditures

Pro Forma Profit and Loss

Direct Cost of Sales

General and A dministrative Expenses

Total Operating Expenses

Non-cash Assets from Start-up

Liabilities and Capital

Loss at Start-up (Start-up Expenses)

Total Capital and Liabilities

Total Capital and Liabilities

Pro Forma Cash Flow

Net Cash Flow

Sources and Uses of Cash

(Indirect Cash Flow Method)

Decrease in Accounts Payable

Net Cash Flow

Calculated Totals (not included in output)

$7,419,600 ($449,694,203) ($197,863,818)

Payment Delay in Days

Calculated Totals (not included in output)

Operating Expenses less Depreciation

Calculated Totals (not included in output)

on this Period's Bills

Lookup Area (not included in output)

Calculated Totals (not included in output)

Pro Forma Balance Sheet

Liabilities and Capital

Month 12 Cash Pilot

Valuation, Investment, Shares

Equity Ownership Percentage

Calculated Totals (not included in output)

Personal Net Worth

Year 5 Industry Profile

Percent of Total Assets

Net Profit Margin

Accounts Receivable Turnover

Debt to Net Worth

Net Working Capital

Copyright 1999-2007 Palo Alto Software, Inc.

The Logistics worksheet is where we

o Alto Software, Inc.

and year labels

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