TOTAL

PERFECTO FOODS - POLONY PROJECTIONS YEAR 1

MONTH 1 MONTH 2 MONTH 3 MONTH 4 MONTH 5 MONTH 6 MONTH 7 MONTH 8 MONTH 9 MONTH 10 MONTH 11 MONTH 12

SALES 2,451,158 107,500 119,250 132,325 146,880 163,089 181,147 201,273 223,713 248,744 276,678 307,864 342,696
MEATS 1,871,125 87,500 96,250 105,875 116,463 128,109 140,920 155,012 170,513 187,564 206,320 226,952 249,648
PASTA & NOODLES 580,033 20,000 23,000 26,450 30,418 34,980 40,227 46,261 53,200 61,180 70,358 80,911 93,048
TOTAL COST OF SALES 1,501,164 64,500 71,750 79,845 88,888 98,993 110,291 122,930 137,073 152,908 170,646 190,525 212,814
MEATS 1,037,138 48,500 53,350 58,685 64,554 71,009 78,110 85,921 94,513 103,964 114,360 125,797 138,376
PASTA & NOODLES 464,027 16,000 18,400 21,160 24,334 27,984 32,182 37,009 42,560 48,944 56,286 64,729 74,438
GROSS PROFIT 949,994 43,000 47,500 52,480 57,993 64,096 70,855 78,343 86,640 95,836 106,031 117,338 129,881
GROSS PROFIT % 38.8% 40.0% 39.8% 39.7% 39.5% 39.3% 39.1% 38.9% 38.7% 38.5% 38.3% 38.1% 37.9%

MATERIALS MANAGEMENT 31,212 2,601 2,601 2,601 2,601 2,601 2,601 2,601 2,601 2,601 2,601 2,601 2,601
CONSUMABLES 2,400 200 200 200 200 200 200 200 200 200 200 200 200
BUCKETS AND TRAYS 2,400 200 200 200 200 200 200 200 200 200 200 200 200
PROTECTIVE CLOTHING 600 50 50 50 50 50 50 50 50 50 50 50 50
VISAS & WORK PERMITS 1,800 150 150 150 150 150 150 150 150 150 150 150 150
SALARIES & BENEFITS 24,012 2,001 2,001 2,001 2,001 2,001 2,001 2,001 2,001 2,001 2,001 2,001 2,001

DELIVERY & DISPATCH 32,604 2,717 2,717 2,717 2,717 2,717 2,717 2,717 2,717 2,717 2,717 2,717 2,717
MOTOR FUEL, R&M, INSURANCES, LICENSING 18,000 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500
COMMUNICATIONS - Mobile 1,200 100 100 100 100 100 100 100 100 100 100 100 100
SALARIES & BENEFITS 13,404 1,117 1,117 1,117 1,117 1,117 1,117 1,117 1,117 1,117 1,117 1,117 1,117

OPERATIONS 115,224 9,602 9,602 9,602 9,602 9,602 9,602 9,602 9,602 9,602 9,602 9,602 9,602
CLEANING 6,000 500 500 500 500 500 500 500 500 500 500 500 500
PEST CONTROL 1,200 100 100 100 100 100 100 100 100 100 100 100 100
CONSUMABLES 3,600 300 300 300 300 300 300 300 300 300 300 300 300
ELECTRICITY & WATER 6,000 500 500 500 500 500 500 500 500 500 500 500 500
FIRE EQUIPMENT 3,000 250 250 250 250 250 250 250 250 250 250 250 250
HEALTH & SAFETY 600 50 50 50 50 50 50 50 50 50 50 50 50
INSURANCE 12,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000
PACKING COSTS 6,000 500 500 500 500 500 500 500 500 500 500 500 500
PROTECTIVE CLOTHING 2,400 200 200 200 200 200 200 200 200 200 200 200 200
RENT - FACTORY 42,000 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500
SECURITY 8,400 700 700 700 700 700 700 700 700 700 700 700 700
STAFF REFRESMENTS 600 50 50 50 50 50 50 50 50 50 50 50 50
COMMUNICATIONS 1,800 150 150 150 150 150 150 150 150 150 150 150 150
WASTE & SCRAP REMOVAL 600 50 50 50 50 50 50 50 50 50 50 50 50
SALARIES & BENEFITS 21,024 1,752 1,752 1,752 1,752 1,752 1,752 1,752 1,752 1,752 1,752 1,752 1,752

TECHNICAL 47,340 3,945 3,945 3,945 3,945 3,945 3,945 3,945 3,945 3,945 3,945 3,945 3,945
CONSUMABLES 2,400 200 200 200 200 200 200 200 200 200 200 200 200
LOOSE TOOLS 1,200 100 100 100 100 100 100 100 100 100 100 100 100
PROTECTIVE CLOTING 600 50 50 50 50 50 50 50 50 50 50 50 50
R & M - OFFICE 1,200 100 100 100 100 100 100 100 100 100 100 100 100
R & M - ELECTRICAL 3,600 300 300 300 300 300 300 300 300 300 300 300 300
R & M - FACTORY 6,000 500 500 500 500 500 500 500 500 500 500 500 500
VISAS & WORK PERMITS 1,800 150 150 150 150 150 150 150 150 150 150 150 150
SALARIES & BENEFITS 30,540 2,545 2,545 2,545 2,545 2,545 2,545 2,545 2,545 2,545 2,545 2,545 2,545

SALES MANAGEMENT 42,932 2,610 2,728 2,858 3,004 3,166 3,346 3,548 3,772 4,022 4,302 4,614 4,962
TRAVELLING 6,000 500 500 500 500 500 500 500 500 500 500 500 500
COMMISSIONS 24,512 1,075 1,193 1,323 1,469 1,631 1,811 2,013 2,237 2,487 2,767 3,079 3,427
ENTERTAINMENT 1,200 100 100 100 100 100 100 100 100 100 100 100 100
SALARIES & BENEFITS 11,220 935 935 935 935 935 935 935 935 935 935 935 935

ADMIN, FINANCE & MARKETING 68,952 5,746 5,746 5,746 5,746 5,746 5,746 5,746 5,746 5,746 5,746 5,746 5,746
ADVERTISING 6,000 500 500 500 500 500 500 500 500 500 500 500 500
MARKETING 6,000 500 500 500 500 500 500 500 500 500 500 500 500
AUDIT FEES 6,000 500 500 500 500 500 500 500 500 500 500 500 500
BANK CHARGES & DEBTOR FINANCE 6,000 500 500 500 500 500 500 500 500 500 500 500 500
COMPUTER - DATA LINES 2,400 200 200 200 200 200 200 200 200 200 200 200 200
LEGAL FEES 2,400 200 200 200 200 200 200 200 200 200 200 200 200
MOTOR FUEL & MAINTENANCE 2,400 200 200 200 200 200 200 200 200 200 200 200 200
 POSTAGE 1,800 150 150 150 150 150 150 150 150 150 150 150 150
PRINTING & STATIONARY 1,800 150 150 150 150 150 150 150 150 150 150 150 150
HR 2,400 200 200 200 200 200 200 200 200 200 200 200 200
RENTALS - EQUIPMENT 1,800 150 150 150 150 150 150 150 150 150 150 150 150
R & M - OFFICE EQUIPMENT 1,200 100 100 100 100 100 100 100 100 100 100 100 100
SUBSCRIPTIONS 1,200 100 100 100 100 100 100 100 100 100 100 100 100
COMMUNICATIONS - Mobile 1,800 150 150 150 150 150 150 150 150 150 150 150 150
TELEPHONE & FAX - Land line 1,800 150 150 150 150 150 150 150 150 150 150 150 150
TRAVEL 4,800 400 400 400 400 400 400 400 400 400 400 400 400
SALARIES & BENEFITS 17,952 1,496 1,496 1,496 1,496 1,496 1,496 1,496 1,496 1,496 1,496 1,496 1,496
SALARIES - CASUAL LABOUR 1,200 100 100 100 100 100 100 100 100 100 100 100 100

TOTAL EXPENDITURE 338,264 27,221 27,339 27,469 27,615 27,777 27,957 28,159 28,383 28,633 28,913 29,225 29,573
TOTAL EXPENDITURE AS % OF SALES 13.80% 25.32% 22.93% 20.76% 18.80% 17.03% 15.43% 13.99% 12.69% 11.51% 10.45% 9.49% 8.63%

OPERATING PROFIT 611,730 15,779 20,162 25,011 30,378 36,319 42,898 50,184 58,257 67,203 77,119 88,114 100,308

INTEREST 30,000 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500
INTEREST PAID - WORKING CAPITAL 30,000 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500

DEPRECIATION 96,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000
DEPREC - PLANT&MACHINERY 96,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000

NET PROFIT BEFORE TAX 485,730 5,279 9,662 14,511 19,878 25,819 32,398 39,684 47,757 56,703 66,619 77,614 89,808

TAXATION 155,434 1,689 3,092 4,643 6,361 8,262 10,367 12,699 15,282 18,145 21,318 24,836 28,739

NET PROFIT AFTER TAX 330,297 3,590 6,570 9,867 13,517 17,557 22,031 26,985 32,475 38,558 45,301 52,777 61,070

RETAINED PROFIT 330,297 3,590 6,570 9,867 13,517 17,557 22,031 26,985 32,475 38,558 45,301 52,777 61,070

NET PROFIT BEFORE TAX YTD CUMULATIVE 485,730 5,279 14,941 29,451 49,329 75,148 107,546 147,230 194,987 251,690 318,308 395,922 485,730
SALES AND PRODUCTION

CAPACITY in KG per HOUR 500

HOURS 1x8hr SHIFTS 8
CAPACITY per SHIFT in KG 4,000
DAYS per MONTH 22.00
THEORETICAL CAPACITY 88,000
REALISTIC CAPACITY 80%
REALISTIC CAPACITY per MONTH 70,400

PRODUCTION
MONTH 1 MONTH 2 MONTH 3 MONTH 4 MONTH 5 MONTH 6 MONTH 7 MONTH 8 MONTH 9 MONTH 10 MONTH 11 MONTH 12 TOTAL
KG 25,000 27,500 30,250 33,275 36,603 40,263 44,289 48,718 53,590 58,949 64,844 71,328 534,607

SALES AVERAGE VALUE per KG $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50
MEATS 87,500 96,250 105,875 116,463 128,109 140,920 155,012 170,513 187,564 206,320 226,952 249,648 1,871,125
PASTA & NOODLES 20,000 23,000 26,450 30,418 34,980 40,227 46,261 53,200 61,180 70,358 80,911 93,048 580,033
$ 107,500.00 $ 119,250.00 $ 132,325.00 $ 146,880.00 $ 163,088.88 $ 181,146.77 $ 201,272.80 $ 223,713.14 $ 248,744.48 $ 276,677.95 $ 307,863.62 $ 342,695.54 $ 2,451,158.18

COST OF SALES per KG Sales % Sales in KG Total COST

RUSSIANS HIGH QUALITY $ 2.50 10 7,040 17,600
RUSSIANS MEDIUM QUALITY $ 1.85 10 7,040 13,024
RUSSIANS ECONO QUALITY $ 1.15 10 7,040 8,096
POLONIES AVERAGE $ 0.90 60 42,240 38,016
VINENNAS SMOKED and RED $ 8.50 10 7,040 59,840
100.00 70,400.00 136,576.00

COST AVERAGE VALUE per KG $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94
MEATS 48,500 53,350 58,685 64,554 71,009 78,110 85,921 94,513 103,964 114,360 125,797 138,376 1,037,138
PASTA & NOODLES 16,000 18,400 21,160 24,334 27,984 32,182 37,009 42,560 48,944 56,286 64,729 74,438 464,027
$ 64,500.00 $ 71,750.00 $ 79,845.00 $ 88,887.50 $ 98,992.95 $ 110,291.45 $ 122,929.68 $ 137,073.10 $ 152,908.42 $ 170,646.48 $ 190,525.43 $ 212,814.42 $ 1,037,137.76

GROSS PROFIT
MEATS 39,000 42,900 47,190 51,909 57,100 62,810 69,091 76,000 83,600 91,960 101,156 111,272 833,987
PASTA & NOODLES 4,000 4,600 5,290 6,084 6,996 8,045 9,252 10,640 12,236 14,072 16,182 18,610 116,007
43,000 47,500 52,480 57,993 64,096 70,855 78,343 86,640 95,836 106,031 117,338 129,881 949,994

GROSS PROFIT % 40% 40% 40% 39% 39% 39% 39% 39% 39% 38% 38% 38% 39%
MANPOWER STRUCTURE

DEPARTMENT POSITION # SALARY TRAVEL HOUSING TAXES BONUS TOTAL ANNUAL

MATERIALS MANAGEMENT Plant Manager (PK) 1 2,550 - - 549 - 2,001 24,012
2,550 - - 549 - 2,001 24,012

SALARY TRAVEL HOUSING TAXES BONUS TOTAL ANNUAL

DELIVERY & DESPATCH 2 x Drivers 2 500 - 42 - 917 11,004
2 x Asistants 2 100 - - - 200 2,400
600 - - 42 - 1,117 13,404

SALARY TRAVEL HOUSING TAXES BONUS TOTAL ANNUAL

OPERATIONS 2 x Preparation 2 250 - 8 - 484 5,808
4 x Production 4 250 - 8 - 968 11,616
2 x Packing 2 150 - - - 300 3,600
650 - - 16 - 1,752 21,024

SALARY TRAVEL HOUSING TAXES BONUS TOTAL ANNUAL

TECHNICAL (Repairs & Maintenace) Keith Startbuck 1 1,810 - - 305 - 1,505 18,060
William 1 1,250 - - 210 - 1,040 12,480
3,060 - - 515 - 2,545 30,540

SALARY TRAVEL HOUSING TAXES BONUS TOTAL ANNUAL

ADMIN, FINANCE & MARKETING Financial and Bookeping 1 1,800 - - 304 - 1,496 17,952
1,800 - - 304 - 1,496 17,952

SALARY TRAVEL HOUSING TAXES BONUS TOTAL ANNUAL

SALES MANAGEMENT Assistant salesman 1 1,000 65 - 935 11,220
1,000 - - 65 - 935 11,220

17 9,660 1,491 9,846 118,152

Note: Exchange rate used is 1USD= 39MT

SALES AND PRODUCTION

Capacity in kg per hour 500

Hours 1x8hr Shifts 8
Capacity per shift in kg 4,000
Days per month 22.00
Theoretical Capacity 88,000
Realistic Capacity 80%
Realistic Capacity per month 70,400

Month1 Month2 Month3 Month4 Month5 Month6 Month7 Month8 Month9 Month10 Month11 Month12 Total
PRODUCTION
KG 25,000 27,500 30,250 33,275 36,603 40,263 44,289 48,718 53,590 58,949 64,844 71,328 534,607

SALES AVERAGE VALUE per KG $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50

Meats 87,500 96,250 105,875 116,463 128,109 140,920 155,012 170,513 187,564 206,320 226,952 249,648 1,871,125
Pastas and noodles 20,000 23,000 26,450 30,418 34,980 40,227 46,261 53,200 61,180 70,358 80,911 93,048 580,033

$ 107,500.00 $ 119,250.00 $ 132,325.00 $ 146,880.00 $ 163,088.88 $ 181,146.77 $ 201,272.80 $ 223,713.14 $ 248,744.48 $ 276,677.95 $ 307,863.62 $ 342,695.54 $ 2,451,158.18

COST OF SALES per KG Sales % Sales in KG Total COS

Russians high quality $ 2.50 10 7,040 17,600

Russians medium quality $ 1.85 10 7,040 13,024
Russians econo quality $ 1.15 10 7,040 8,096
Polonies average $ 0.90 60 42,240 38,016
Viennas smoked and red $ 8.50 10 7,040 59,840
100.00 70,400.00 136,576.00

COST AVERAGE VALUE per KG $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94 $ 1.94

Meats 48,500 53,350 58,685 64,554 71,009 78,110 85,921 94,513 94,513 114,360 125,797 138,376 1,027,686