Professional Documents
Culture Documents
Business Plan
Date ____________ Version
___________
Business Plan
Date ____________ Version
___________
Loss, Balance
nancial Model
ls
Name
Cover
Structure
Status
Information
Information
Bespoke
Input
IP1
Input
IP2
Input
P&L
BS
Cash
Reporting
Reporting
Reporting
OvrH
Reporting
Summary
Reporting
CFlow
Reporting
Sales
Calculation
Further
Information
Information
Purpose
Front cover
This page
Specific monthly sales patterns relating to
rooms and events
Input sheet for all model parameters
Input sheet for balance sheet and opening
balance items
Monthly profit and loss account
Monthly balance sheet
Monthly cashflow analysis
Analysis of functional overheads by
department
Profit & Loss / Balance Sheet / Cashflow
and Accounting Ratios in summary format
Graphic of monthly cashflow
Analysis of sales and cost of sales by
month
Contact details
Purpose
Narrative
Input
Input: drop-down
Calculated input
2. Input Guidance
Section
Item
Description
Input the company name (this populates
A.Settings Company name
the name throughout the model)
Input the month in which the financial
First month of financial year year begins (usually January). This
populates all of the tables in the model
Year of first month of
Input the first financial year (the model
financial year
produces outputs for two years)
B.
Input the number of rooms, expected
Sales:Rooms Rooms
occupancy and room rate by day-grouping
& Events
Pattern
C.Sales
Price
VAT rate
Price
Bad Debts
Section
D.CoS as
%age of
Revenue
Item
VAT rate
CoS %age
E.Other
Costs
Line items
F.Staffrelated
costs
Costs
Standard
Reduced
Tourism
Agricultural
Zero
Exempt
Input the selling price per unit of product /
service EXCLUDING VAT in Euros
Select the percentage of sales (value)
expected to result in bad debts from the
drop-down box
Description
Select the VAT rate applying to the input
factor costs for each product / service
from the drop-down box
Input the percentage of the sales price
(excluding VAT) represented by the direct
Cost of Sales
For each overhead cost item, enter:
Department - name
Item - description
Year 1 annual spend in s
Year 2 - annual spend in s
VAT applicable rate, from dropdown box
Pattern pattern of spend per
month, form drop-down box
NOTE: Mobile Phone and Travel /
Subsistence costs are populated from
individual entries against staff
members in section F
For each named-staff member, enter:
Department select from dropdown
F.Staffrelated
costs
Costs
G.Working
Debtors, CoS, Overheads
Capital
H.Other
Items
Depreciation
Bank Interest
Loans
Section
Item
Leases
Name - identifier
Year 1 earnings (excluding
employers' PRSI etc)
Year 2 - earnings (excluding
employers' PRSI etc)
Mobile Ph cellphone costs per
individual (applies both years)
T&S travel costs per individual
(applies both years)
For all creditor categories, enter the
percentage split of cashflow payment /
expenditure flows.
A checkbox indicates whether the inputs
per column sum to 100%
For each of the assets, enter the expected
asset life and select the basis of
depreciation from the drop-down box (viz:
Straight Line or Reducing Balance). The
percentage rate of depreciation is
calculated with reference to the asset life
Enter the percentage rates related to
Overdrafts and Term Loans
The model accommodates two loans and
a financing bank loan for each, enter:
Principal - s
Term - years
Rate - percentage
Residual zero or other
Drawdown date of loan
drawdown
Repayment date of first payment
of principal (if later than drawdown for
a financing loan)
Description
The model accommodates up to three
leases for each, enter:
Principal - s
Term - years
Interest s
Commences date of first
payment
Enter the applicable payroll taxation rate
Enter the applicable Corporation Tax rate
If the drop-down is set to On, all VAT
consequences will be calculated. If set to
Off, VAT is ignored in the model
Input the VAT rates applicable by category
For Land & Buildings, Fixtures & Fittings,
Office Equipment and Motor Vehicles:
Input the opening asset values @
cost
Input accumulated depreciation to
date
Working capital
Loans
Month
Mth #
Rooms
Events
Jan
1
3.00%
2.00%
Rooms
Events
Sum
100%
100%
Feb
2
3.00%
2.00%
Check
100.0%
Mar
3
5.00%
6.00%
Apr
May
Jun
Jul
Aug
Sep
Oct
4
5
6
7
8
9
10
9.00% 10.00% 10.00% 13.00% 13.00% 10.00% 9.00%
6.00% 12.00% 12.00% 12.00% 12.00% 12.00% 12.00%
Nov
Dec
11
12
3.00% 12.00%
2.00% 10.00%
A. Settings
XYZ Ltd
January
2013
Business name
First month of financial year
Year of first month of financial year
Rooms
Pattern
Change in rate/room in
second year
Events
Pattern
Change in event rates in
second year
Mon-Thu
Fri - Sat
Sun
BESPOKE_rooms
Mon-Thu
Fri - Sat
Sun
BESPOKE_events
Events
Occupancy
65%
65%
60%
Events
# / week
2
2
1
Take-up
80%
50%
45%
10%
Pattern
Standard_m1
Standard_m1
viz. all bad debts
10%
C. Sales: Transactions
Bar
Restaurant
Bad Debts
#
Available
Rooms
# / day
75
75
75
VAT rate
Standard
Tourism
Standard
VAT rate
i.e. drinks etc
i.e. breakfast
i.e. ingredients / food
i.e. all additional wages,
food & drink
Standard
Standard
Standard
%
%
%
Standard
Item
Advertising
Fees / Commissions
Merchandising
Sales
Marketing & Promotion
Bank charges
Bad Debts
Cleaning
Contract services
Credit card costs
Dues and subscriptions
Information systems
2013
5,000
5,000
5,000
5,000
5,000
1,000
Err:501
50,000
20,000
36,000
1,000
10,000
2014
5,000
5,000
5,000
5,000
5,000
1,000
Err:501
55,000
20,000
40,000
1,500
10,000
Adm
Administration
Adm
Administration
Adm
Administration
Adm
Administration
Adm
Administration
Adm
Administration
Adm
Administration
Adm
Administration
Adm
Administration
Adm
Administration
Adm
Administration
Adm
Administration
UtilUtilities
UtilUtilities
UtilUtilities
UtilUtilities
ProProperty-related
ProProperty-related
ProProperty-related
OpeOperations
OpeOperations
OpeOperations
OpeOperations
OpeOperations
OpeOperations
OpeOperations
OpeOperations
OpeOperations
OpeOperations
OpeOperations
OpeOperations
OpeOperations
OpeOperations
OpeOperations
OpeOperations
Room
Rooms / Rest. / Events
RooRooms / Rest. / Events
RooRooms / Rest. / Events
RooRooms / Rest. / Events
RooRooms / Rest. / Events
RooRooms / Rest. / Events
Legal fees
Loss and damage
Operating supplies & equi
Postage
Printing and stationery
Professional fees
Security
Telecommunications
Training and development
Travel
Uniforms
Other
Electricity
Gas
Oil
Water
Rents
Rates
Building Insurance
Building supplies
Electrical & mech. equip.
Engineering supplies
Furniture
Grounds and landscaping
Heating, vent & a/c equip
Kitchen equipment
Laundry equipment
Life/safety
Operating supplies
Painting and decorating
Removal of waste matter
Spa / Wellness
Swimming pool
Training
Vehicle maintenance
Cable/satellite television
China, Glassware, cutlery
Laundry and dry cleaning
Licenses
Linen
Music and entertainment
5,000
2,500
5,000
500
2,500
7,500
10,000
5,000
10,000
5,000
10,000
1,000
50,000
50,000
0
5,000
0
7,500
11,500
2,400
7,500
6,500
2,500
17,500
25,000
5,000
5,000
7,500
10,000
2,500
5,000
6,500
50,000
12,500
3,000
20,000
20,000
10,000
1,000
5,000
17,500
5,000
5,000
5,000
500
2,500
7,500
10,000
5,000
10,000
5,000
10,000
1,000
60,000
75,000
0
5,000
0
7,500
25,000
2,400
7,500
6,500
2,500
50,000
50,000
5,000
5,000
7,500
10,000
2,500
5,000
6,500
50,000
12,500
3,000
20,000
20,000
10,000
1,000
5,000
17,500
CapCapital a/c
Drawings
37,500
75,000
2013
20,000
2014
30,000
25,000
45,000
75,000
25,000
45,000
80,000
20,000
20,000
F. Staff-related costs
Department
Marketing
Marketing
Administration
Administration
Administration
Administration
Operations
Name
Name #1
Name #2
Name #3
Name #4
Name #5
Name #6
Name #7
Operations
Operations
Operations
Rooms / Rest.
Rooms / Rest.
Rooms / Rest.
Rooms / Rest.
Rooms / Rest.
Rooms / Rest.
Rooms / Rest.
Rooms / Rest.
Rooms / Rest.
/
/
/
/
/
/
/
/
/
Events
Events
Events
Events
Events
Events
Events
Events
Events
Name #8
Name #9
Name #10
Name #11
Name #12
Name #13
Name #14
Name #15
Name #16
Name #17
Name #18
Name #19
30,000
75,000
30,000
80,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
Debtors
75%
15%
5%
5%
CoS
25%
75%
OK
OK
Basis
St.Line
St.Line
Red.Balance
St.Line
G. Working Capital
Days
0 - 30 Days
31 - 60 Days
61 - 90 Days
90 - 120 Days
Check: sums to 100%
H. Other items
Depreciation
Land and buildings
Fixtures & fittings
Office equipment
Motor vehicle
25
10
5
5
Bank Interest
Overdraft
Existing Term loan
250,000
250,000
Term
Years
2.00
2.00
Rate
%
7.50%
7.50%
Residual
0
0
Drawdown
Month
Feb-13
Mar-14
Date of first repayment of principal (if different from drawdown date)
Err:502
Leases
Principal
Term
Interest
Commences
I. Taxation
Years
Month
#1
#2
Jan-13
Jan-13
%
%
Taxation
Employers' PRSI
Corporation tax
VAT
Standard
Reduced
Tourism
Agricultural
Zero
Exempt
%
%
Switch : Off means no VAT
On
Pattern
Rate / room
excl VAT -
80
75
70
VAT
Tourism
VAT
Pattern
Standard
Quarterly_m1
Standard
Quarterly_m1
Standard
Quarterly_m3
Standard
Quarterly_m1
Standard
Quarterly_m2
Standard
Quarterly_m1
Standard BESPOKE_events
Standard
Standard_m1
Standard BESPOKE_events
Standard BESPOKE_rooms
Standard
Quarterly_m2
Standard
Standard_m1
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Quarterly_m2
BESPOKE_rooms
Standard_m1
Standard_m1
Standard_m1
Standard_m1
Standard_m1
Standard_m1
Standard_m1
Standard_m1
Half-Year_m1
Standard_m1
Quarterly_m1
Quarterly_m1
Standard_m1
Standard_m1
Standard_m1
Annual_m1
Annual_m1
Standard_m1
Standard_m1
Standard_m1
Annual_m2
Standard_m1
Standard_m1
Standard_m1
Standard_m1
Standard_m1
Standard_m1
Standard_m1
Standard_m1
Standard_m1
Standard_m1
Standard_m1
Standard_m1
Standard_m1
BESPOKE_events
BESPOKE_events
BESPOKE_events
BESPOKE_events
BESPOKE_events
Standard_m1
Overheads
25%
75%
OK
Rate
4.00%
10.00%
20.00%
20.00%
10.00%
8.00%
Bank
100,000
2.00
0
Jan-13
Mar-13
#3
Jan-13
2013
15.00%
12.50%
2014
15.00%
12.50%
23.00%
13.50%
9.00%
4.80%
0.00%
0.00%
23.00%
13.50%
13.50%
4.80%
0.00%
0.00%
XYZ Ltd
J. Assets - inputs over individual months
Opening
Balance
s
Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13
FA Land & Buildings Additions
###
FA Land & Buildings Depreciation
###
FA Fixtures & Fittings Additions
###
475,000
FA Fixtures & Fittings Depreciation 450,000
FA Office Equipment Additions
200,000
FA Office Equipment Depreciation 100,000
FA Motor Vehicles
Additions
25,000
FA Motor Vehicles
New leases
FA Motor Vehicles
Depreciation 10,000
Cap Capital a/c
Additions
WC Trade Debtors
Balance
30,000
7,500
3,000
1,500
0
WC Stock
Balance
WC Trade Creditors
Balance
45,000 33,750
0
0
0
Other Creditors WC Overheads
Balance
0
0
0
0
Payroll Control
WC Account
Balance
PAYE / PRSI
WC Control Account
Balance
WC Corporation Tax
Balance
WC VAT
Balance
WC Cash
Balance
-20,000
WC
WC
WC
WC
Existing
Existing
Existing
Existing
Loan
Loan
Loan
Loan
#1
#1
#1
#1
Principal
Term
Rate %
Balance
WC
WC
WC
WC
Existing
Existing
Existing
Existing
Loan
Loan
Loan
Loan
#2
#2
#2
#2
Principal
Term
Rate %
Balance
40,000
WC
WC
WC
WC
Existing
Existing
Existing
Existing
Lease
Lease
Lease
Lease
475,000
Principal
Term
Rate %
Balance
Sales Value
Rooms
Events
Bar
Restaurant
Sales
Cost of Sales
Rooms
Events
Bar
Restaurant
CoS
Jan-13
Err:501
Err:501
Err:501
Err:501
68,385
Feb-13
Err:501
Err:501
Err:501
Err:501
Err:501
Mar-13
Err:501
Err:501
Err:501
Err:501
Err:501
Apr-13
Err:501
Err:501
Err:501
Err:501
Err:501
May-13
Err:501
Err:501
Err:501
Err:501
Err:501
Jun-13
Err:501
Err:501
Err:501
Err:501
Err:501
Jul-13
Err:501
Err:501
Err:501
Err:501
Err:501
Aug-13
Err:501
Err:501
Err:501
Err:501
Err:501
Sep-13
Err:501
Err:501
Err:501
Err:501
Err:501
Oct-13
Err:501
Err:501
Err:501
Err:501
Err:501
Nov-13
Err:501
Err:501
Err:501
Err:501
Err:501
Dec-13
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
21,391
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Sales Value
Rooms
Events
Bar
Restaurant
Sales
Cost of Sales
Rooms
Events
Bar
Restaurant
CoS
Jan-14
Err:501
Err:501
Err:501
Err:501
Err:501
Feb-14
Err:501
Err:501
Err:501
Err:501
Err:501
Mar-14
Err:501
Err:501
Err:501
Err:501
Err:501
Apr-14
Err:501
Err:501
Err:501
Err:501
Err:501
May-14
Err:501
Err:501
Err:501
Err:501
Err:501
Jun-14
Err:501
Err:501
Err:501
Err:501
Err:501
Jul-14
Err:501
Err:501
Err:501
Err:501
Err:501
Aug-14
Err:501
Err:501
Err:501
Err:501
Err:501
Sep-14
Err:501
Err:501
Err:501
Err:501
Err:501
Oct-14
Err:501
Err:501
Err:501
Err:501
Err:501
Nov-14
Err:501
Err:501
Err:501
Err:501
Err:501
Dec-14
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
22,630
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
XYZ Ltd
Overheads Analysis for the year en
31-Dec-13
Function
Item
Group
Jan-13 Feb-13 Mar-13
Marketing
Wages & Salaries
Payroll Control Account
Err:501 Err:501 Err:501
Marketing
PAYE / PRSI
PAYE / PRSI Control Accou Err:501 Err:501 Err:501
Marketing
Advertising
Other Creditors - Overhea Err:501 Err:501 Err:501
Marketing
Fees / Commissions
Other Creditors - Overhea Err:501 Err:501 Err:501
Marketing
Merchandising
Other Creditors - Overhea Err:501 Err:501 Err:501
Marketing
Sales
Other Creditors - Overhea Err:501 Err:501 Err:501
Marketing
Marketing & Promotion Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationWages & Salaries
Payroll Control Account
Err:501 Err:501 Err:501
AdministrationPAYE / PRSI
PAYE / PRSI Control Accou Err:501 Err:501 Err:501
AdministrationBank charges
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationBad Debts
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationCleaning
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationContract services
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationCredit card costs
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationDues and subscriptions Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationInformation systems
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationLegal fees
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationLoss and damage
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationOperating supplies & equiOther Creditors - Overhea Err:501 Err:501 Err:501
AdministrationPostage
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationPrinting and stationery
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationProfessional fees
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationSecurity
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationTelecommunications
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationTraining and developmentOther Creditors - Overhea Err:501 Err:501 Err:501
AdministrationTravel
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationUniforms
Other Creditors - Overhea Err:501 Err:501 Err:501
AdministrationOther
Other Creditors - Overhea Err:501 Err:501 Err:501
Utilities
Electricity
Other Creditors - Overhea Err:501 Err:501 Err:501
Utilities
Gas
Other Creditors - Overhea Err:501 Err:501 Err:501
Utilities
Oil
Other Creditors - Overhea Err:501 Err:501 Err:501
Utilities
Water
Other Creditors - Overhea Err:501 Err:501 Err:501
Property-relat Rents
Other Creditors - Overhea Err:501 Err:501 Err:501
Property-relat Rates
Other Creditors - Overhea Err:501 Err:501 Err:501
Property-relat Building Insurance
Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Wages & Salaries
Payroll Control Account
Err:501 Err:501 Err:501
Operations
PAYE / PRSI
PAYE / PRSI Control Accou Err:501 Err:501 Err:501
Operations
Building supplies
Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Electrical & mech. equip. Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Engineering supplies
Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Furniture
Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Grounds and landscaping Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Heating, vent & a/c equip Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Kitchen equipment
Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Laundry equipment
Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Life/safety
Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Operating supplies
Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Painting and decorating Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Removal of waste matter Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Spa / Wellness
Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Swimming pool
Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Training
Other Creditors - Overhea Err:501 Err:501 Err:501
Operations
Vehicle maintenance
Other Creditors - Overhea Err:501 Err:501 Err:501
Rooms / Rest. Wages & Salaries
Payroll Control Account
Err:501 Err:501 Err:501
Rooms
Rooms
Rooms
Rooms
Rooms
Rooms
Rooms
/
/
/
/
/
/
/
Rest.
Rest.
Rest.
Rest.
Rest.
Rest.
Rest.
PAYE / PRSI
PAYE / PRSI Control Accou
Cable/satellite television Other Creditors - Overhea
China, Glassware, cutlery Other Creditors - Overhea
Laundry and dry cleaning Other Creditors - Overhea
Licenses
Other Creditors - Overhea
Linen
Other Creditors - Overhea
Music and entertainment Other Creditors - Overhea
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
XYZ Ltd
Overheads Analysis for the year end
###
Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501 Err:501 Err:501 Err:501 Err:501 Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
XYZ Ltd
Profit & Loss Account for the year end
Sales
Cost of Sales
Gross Profit
Overheads
Administration
Marketing
Operations
Property-related
Rooms / Rest. / Events
Utilities
Total Overheads
31-Dec-13
Jan-13
68,385
(21,391)
46,994
Feb-13
68,385
(21,391)
46,994
Mar-13
150,759
(58,734)
92,025
Apr-13
205,156
(64,174)
140,981
May-13
301,519
(117,469)
184,050
Jun-13
301,519
(117,469)
184,050
29,725
5,667
25,804
19,000
28,612
25,417
134,224
25,975
3,167
28,304
0
28,612
417
86,474
26,343
3,167
25,804
0
30,752
417
86,482
28,133
5,667
25,804
0
30,752
25,417
115,772
31,414
3,167
25,804
0
33,962
417
94,764
29,914
3,167
25,804
0
33,962
417
93,264
EBITDA
(87,230)
(39,480)
5,543
25,210
89,286
90,786
41,250
(128,480)
41,139
(80,619)
44,990
(39,447)
44,886
(19,676)
44,786
44,501
44,689
46,098
0
667
167
833
0
2,229
0
2,229
0
2,169
0
2,169
0
2,080
2,379
4,459
0
1,991
2,314
4,305
0
1,901
1,746
3,648
(129,313)
(82,848)
(41,615)
(24,135)
40,195
42,450
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
(129,313)
(212,162)
(253,777)
(277,912)
(237,717)
(195,267)
Depreciation
EBIT
Lease interest
Loan interest
Bank interest
Total interest
PBT
Taxation
PAT
Accumulated results
XYZ Ltd
Profit & Loss Account for the year end
31-Dec-14
P&L
Page 31
Jul-13
342,316
(121,549)
220,767
Aug-13
342,316
(121,549)
220,767
Sep-13
301,519
(117,469)
184,050
Oct-13
287,920
(116,109)
171,811
Nov-13
68,385
(21,391)
46,994
Dec-13
301,129
(102,877)
198,252
36,319
5,667
25,804
0
33,962
25,417
127,169
32,569
3,167
25,804
0
33,962
417
95,919
29,914
3,167
25,804
0
33,962
417
93,264
29,779
5,667
25,804
0
33,962
25,417
120,629
25,975
3,167
25,804
0
28,612
417
83,974
30,135
3,167
25,804
0
32,892
417
92,415
93,599
124,849
90,786
51,182
(36,980)
105,837
44,595
49,004
45,171
79,678
45,083
45,703
44,998
6,184
44,917
(81,897)
44,837
61,000
0
1,812
1,279
3,090
0
1,721
568
2,289
0
1,631
271
1,901
0
1,540
0
1,540
0
1,448
0
1,448
0
1,356
80
1,437
45,914
77,389
43,802
4,644
(83,345)
59,563
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
(149,353)
(71,964)
(28,162)
(23,518)
(106,863)
(47,300)
P&L
Page 32
P&L
Sales
Cost of Sales
Gross Profit
Overheads
Administration
Marketing
Operations
Property-related
Rooms / Rest. / Events
Utilities
Total Overheads
Jan-14
73,724
(22,630)
51,093
Feb-14
73,724
(22,630)
51,093
Mar-14
161,335
(61,908)
99,427
Apr-14
221,171
(67,891)
153,280
May-14
322,671
(123,816)
198,855
Jun-14
322,671
(123,816)
198,855
30,830
6,625
31,075
32,500
28,612
34,167
163,809
27,205
4,125
33,575
0
28,612
417
93,934
27,608
4,125
31,075
0
30,752
417
93,976
29,658
6,625
31,075
0
30,752
34,167
132,276
33,175
4,125
31,075
0
33,962
417
102,753
31,550
4,125
31,075
0
33,962
417
101,128
EBITDA
(112,716)
(42,841)
5,451
21,003
96,102
97,727
Depreciation
EBIT
44,761
(157,476)
44,687
(87,528)
44,615
(39,164)
44,546
(23,543)
48,438
47,664
48,373
49,354
0
1,264
0
1,264
0
1,172
0
1,172
0
2,641
912
3,553
0
2,487
0
2,487
0
2,332
0
2,332
0
2,177
2,158
4,335
(158,741)
(88,699)
(42,717)
(26,030)
45,332
45,019
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
(206,041)
(294,740)
(337,457)
Err:501
Err:501
Err:501
Lease interest
Loan interest
Bank interest
Total interest
PBT
Taxation
PAT
Accumulated results
P&L
Page 33
Jul-14
367,547
(128,303)
239,244
Aug-14
367,547
(128,303)
239,244
Sep-14
322,671
(123,816)
198,855
Oct-14
307,712
(122,320)
185,392
Nov-14
73,724
(22,630)
51,093
Dec-14
323,742
(108,665)
215,077
38,150
6,625
31,075
0
33,962
34,167
143,978
34,525
4,125
31,075
0
33,962
417
104,103
31,550
4,125
31,075
0
33,962
417
101,128
31,350
6,625
31,075
0
33,962
34,167
137,178
27,205
4,125
31,075
0
28,612
417
91,434
31,886
4,125
31,075
0
32,892
417
100,394
95,266
135,141
97,727
48,214
(40,341)
114,683
48,311
46,955
48,250
86,891
48,192
49,535
48,136
78
48,081
(88,422)
48,028
66,654
0
2,020
1,674
3,695
0
1,863
1,104
2,967
0
1,705
471
2,177
0
1,546
9
1,556
0
1,387
0
1,387
0
1,226
789
2,015
43,261
83,924
47,358
(1,477)
(89,809)
64,639
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
Err:501
P&L
Page 34
XYZ Ltd
Balance Sheet for the year ending:
###
Opening Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13
Fixed Assets
Tangible Assets
###
###
###
###
###
###
###
Current Assets
Stock
Trade Debtors
VAT
Cash at hand and in Bank
Current Liabilities
Trade Creditors
Other creditors
PAYE / PRSI
Overdraft
Corporation Tax
VAT
Bank Loan
Loan Obligations
Finance Lease Obligations
###
Aug-13
###
Sep-13
###
Oct-13
###
0
30,000
0
0
30,000
0
0
0
26,576
29,706
55,349
15,531
20,080
2,201
66,502 176,502
0
###
### 57,550
45,000
0
0
20,000
0
0
0
0
0
65,000
53,484
19,734
54,183
59,201 108,365 108,365 112,129 112,129 108,365 107,111
74,314
30,265
30,272
57,292
37,912
36,528
67,806
38,977
36,528
61,772
7,000
7,000
7,000
7,000
7,000
7,000
7,000
7,000
7,000
7,000
0
0 285,471 277,730 209,567 153,447
68,122
32,477
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,241
2,826
0
229
1,586
0
45,833
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
0 121,081 121,838 122,600 123,366 124,137 124,913 125,693 126,479 127,269
0
0
0
0
0
0
0
0
0
0
###
###
###
###
###
###
###
###
###
###
Jul-13
0
0
0
0
0
0
0
78,003 116,179 130,176 146,809 151,256 142,362 134,209
7,494
0
0
3,479
0
0
4,034
0
0
0
0
0
43,034 101,726
85,498
###
###
###
###
###
###
###
###
###
0
54,167
50,000
45,833
0
0 119,231 108,727
0
0
0
0
0 54,167
###
###
41,667
98,156
0
###
37,500
87,520
0
###
###
###
###
###
###
###
###
###
###
###
###
33,333
29,167
25,000
20,833
16,667
76,817
66,047
55,210
44,305
33,332
0
0
0
0
0
### 95,214 80,210 65,139 49,999
###
###
###
###
###
BS
Page 35
Nov-13
Dec-13
### 7,148,660
0
68,478
3,974
0
72,451
0
108,111
634
123,822
232,568
19,734
94,904
27,958
35,745
7,000
7,000
9,639
0
0
0
0
0
50,000
50,000
128,065
128,865
0
0
### 316,514
###
(83,947)
12,500
22,291
0
34,791
8,333
11,180
0
19,513
### 7,045,200
BS
Page 36
Capital a/c
Profit and loss account
Drawings
Reserves
Shareholders Funds
0
0
0
###
###
0
###
(3,125)
###
###
0
###
(6,250)
###
###
XYZ Ltd
Balance Sheet for the year ending:
###
Check
0
0
0
0
0
0
0
0
###
###
###
###
### (71,964) (28,162) (23,518)
(9,375) (12,500) (15,625) (18,750) (21,875) (25,000) (28,125) (31,250)
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
0
BS
Page 37
0
0
###
(47,300)
(34,375)
(37,500)
### 7,130,000
### 7,045,200
0
BS
Page 38
Opening Jan-14
Fixed Assets
Tangible Assets
Current Assets
Stock
Trade Debtors
VAT
Cash at hand and in Bank
Current Liabilities
Trade Creditors
Other creditors
PAYE / PRSI
Overdraft
Corporation Tax
VAT
Bank Loan
Loan Obligations
Finance Lease Obligations
###
0
0
108,111
58,767
634
18,829
123,822
10,516
### 88,112
###
Mar-14
Apr-14
###
###
May-14
###
Jun-14
###
Jul-14
###
Aug-14
###
Sep-14
###
Oct-14
###
0
0
0
0
0
0
0
0
0
46,599
59,514
86,700 128,382 143,692 162,383 167,477 157,290 147,952
21,586
0
0
0
0
0
0
0
0
0 159,490 161,487
0
0
0
0
0
57,804
68,185
###
###
###
###
###
###
###
###
94,904
20,877
20,877
57,110
62,630 114,220 114,220 118,360 118,360 114,220 112,840
35,745
99,838
35,378
35,418
70,749
43,514
42,015
81,544
44,759
42,015
75,271
7,000
7,250
7,250
7,250
7,250
7,250
7,250
7,250
7,250
7,250
7,250
0
0 109,401
0
0 259,013 200,921 132,446
56,555
1,093
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,657
3,207
12,127
24,627
7,671
24,513
12,500
15,034
50,000
50,000
50,000
45,833
41,667
37,500
33,333
29,167
25,000
20,833
16,667
128,865 129,601 119,231 229,808 219,994 210,119 200,183 190,184 180,123 169,999 159,811
0
0
0
0
0
0
0
0
0
0
0
###
###
###
###
###
###
###
###
###
###
###
###
Feb-14
8,333
11,180
0
19,513
###
###
4,167
70
0
4,237
###
###
###
###
###
###
###
###
###
###
0
0
0
0
0
0
0
0
0
0 119,231 108,727
98,156
87,520
76,817
66,047
55,210
44,305
0
0
0
0
0
0
0
0
0
0
###
### 98,156 87,520 76,817 66,047 55,210 44,305
###
###
###
###
###
###
###
###
###
(37,500) (37,500) (37,500) (37,500) (37,500) (37,500) (37,500) (37,500) (37,500) (37,500) (37,500)
0
###
###
###
###
###
###
### (98,652) (51,294) (52,771)
BS
Page 39
Nov-14
Dec-14
### 7,059,241
0
75,669
2,182
0
77,851
0
119,862
0
44,656
164,519
20,877
100,243
33,072
41,338
7,250
7,250
94,660
0
0
0
0
12,801
12,500
8,333
149,560
139,245
0
0
### 309,210
### (144,691)
0
33,332
0
33,332
0
22,291
0
22,291
### 6,892,259
(37,500)
###
(37,500)
(77,941)
BS
Page 40
Drawings
Reserves
Shareholders Funds
Check
0
###
###
0
(6,250) (12,500) (18,750) (25,000) (31,250) (37,500) (43,750) (50,000) (56,250) (62,500)
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
0
BS
Page 41
(68,750)
(75,000)
### 7,082,700
### 6,892,259
0
BS
Page 42
XYZ Ltd
Cashflow for the year ending:
Inflows
Sales Receipts
VAT
Bank Debt
Loans
Lease Receipts
Equity
Total Inflows
###
Jan-13 Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
79,727 73,172 143,971 206,252 301,054 325,233 367,065 379,251 348,123 332,559 142,034
0
0 20,080
0
7,494
0
0
0
0
0
4,034
100,000
0
0
0
0
0
0
0
0
0
0
0 250,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
###
###
###
###
0 475,000
60,061 37,794
84,402 40,355
46,667 46,667
7,000
7,000
3,125
3,125
0
0
0
0
667
667
0
4,167
11,250 11,250
0
0
###
###
0
73,916
49,369
46,667
7,000
3,125
0
0
639
4,167
11,250
0
###
###
###
###
###
###
###
###
Outflows
Fixed Asset Additions
Creditor Payments - COS
Creditor Payments - Overheads
Payroll
PAYE / PRSI
Drawings
Corporation Tax
VAT
Bank Loan - Interest
Bank Loan - Repayment
Loan - Repayment
Finance Leases
Total Outflows
Net Cash Inflow / (Outflow)
Cash Reconciliation
Opening Balance
Net Cash Inflow / (Outflow)
Overdraft Interest
0
17,828
24,771
46,667
0
3,125
0
0
667
0
0
0
93,058
86,669 110,000
0
0
0 40,000
0
0
0
95,322 144,487 145,741 149,505 148,250 144,069 113,688
69,929 50,088 59,130 80,798 51,153 57,119 71,092
46,667 46,667 46,667 46,667 46,667 46,667 46,667
7,000
7,000
7,000
7,000
7,000
7,000
7,000
3,125
3,125
3,125
3,125
3,125
3,125
3,125
0
0
0
0
0
0
0
0
0
2,826
0
229
0
0
611
583
556
528
500
472
444
4,167
4,167
4,167
4,167
4,167
4,167
4,167
11,250 11,250 11,250 11,250 11,250 11,250 11,250
0
0
0
0
0
0
0
###
###
###
###
###
###
###
###
10,120
70,477
57,866
86,604
###
10,120
(2,379)
###
70,477
(2,314)
###
57,866
(1,746)
Cash
36,213
75,782
58,691
###
43,034 101,726
58,691
###
0
0
Page 43
Dec-13
297,409
0
0
0
0
0
###
0
51,368
39,873
46,667
7,000
3,125
0
0
417
4,167
11,250
0
###
133,542
(9,639)
133,542
(80)
Cash
Page 44
Closing Balance
XYZ Ltd
Cashflow for the year ending:
66,502 176,502
###
###
###
43,034 101,726
(9,639)
###
Cash
Page 45
123,822
Cash
Page 46
Jan-14
Inflows
Sales Receipts
VAT
Bank Debt
Loans
Lease Receipts
Equity
Total Inflows
134,336
634
0
0
0
0
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
97,160 174,147 227,790 332,442 358,813 406,368 419,966 384,311 366,484 157,275
0 21,586
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0 250,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
### 97,160
###
###
###
###
###
###
###
###
###
Outflows
Fixed Asset Additions
Creditor Payments - COS
Creditor Payments - Overheads
Payroll
PAYE / PRSI
Drawings
Corporation Tax
VAT
Bank Loan - Interest
Bank Loan - Repayment
Loan - Repayment
Finance Leases
Total Outflows
Net Cash Inflow / (Outflow)
Cash Reconciliation
Opening Balance
Net Cash Inflow / (Outflow)
Overdraft Interest
Closing Balance
0
0
101,863 27,835
69,024 111,631
48,333 48,333
7,000
7,250
6,250
6,250
0
0
0
0
389
361
4,167
4,167
11,250 11,250
0
0
###
###
###
123,822
###
0
10,516
0
39,913
47,184
48,333
7,250
6,250
0
0
333
4,167
22,500
0
###
### 269,802
0 475,000
0
0
0
0
0
0
77,987 100,703 152,293 153,673 157,813 156,433 151,833 119,799
59,001 85,254 57,519 69,196 96,464 58,764 67,105 86,295
48,333 48,333 48,333 48,333 48,333 48,333 48,333 48,333
7,250
7,250
7,250
7,250
7,250
7,250
7,250
7,250
6,250
6,250
6,250
6,250
6,250
6,250
6,250
6,250
0
0
0
0
0
0
0
0
0
3,207
0 24,627
0 24,513
0 15,034
306
278
250
222
194
167
139
111
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
22,500 22,500 22,500 22,500 22,500 22,500 22,500 22,500
0
0
0
0
0
0
0
0
###
###
###
###
###
###
###
###
1,997
###
60,251
70,149
10,516
### 159,490 161,487
### 269,802
1,997
###
0
(912)
0
0
### 159,490 161,487
###
###
60,251
(2,158)
###
###
### (56,555)
70,149 76,994 55,933
(1,674) (1,104)
(471)
### (56,555) (1,093)
Cash
76,994
55,933
58,906
###
(1,093) 57,804
58,906
###
(9)
0
57,804 (94,660)
Page 47
Dec-14
329,830
0
0
0
0
0
###
0
54,291
46,851
48,333
7,250
6,250
0
0
83
4,167
22,500
0
###
140,105
(94,660)
140,105
(789)
44,656
Cash
Page 48
XYZ Ltd
2013
'000
2,739.3
-1,001.6
1,737.7
2014
'000
2,938.2
-1,056.7
1,881.5
Overheads
-1,224.3
-1,366.1
EBITDA
513.4
515.4
Outflows
Depreciation
Interest / Charges
Taxation
Net profit/(loss)
-531.3
-29.3
0.0
-47.3
-564.4
-28.9
0.0
-77.9
Closing Balance
Balance Sheet
2013
'000
2014
'000
7,148.7
7,059.2
232.6
-316.5
164.5
-309.2
-83.9
-19.5
-144.7
-22.3
7,045.2
6,892.3
Fixed Assets
Current Assets
Current Liabilities
Net Current Asse
Long-term Liabilitie
Net Assets
Cashflow
Opening balance
Inflows
2013
'000
-20.0
2014
'000
132.6
3,377.5
3,661.1
-3,224.8 -3,733.2
132.6
60.6
2013
2014
0.73
0.73
0.53
0.53
-1.1%
0.79
-1.4%
0.74
As a ratio of Sales:
EBITDA
EBIT
PBT
PAT
15.9%
-0.6%
-1.5%
-1.5%
17.5%
-1.7%
-2.7%
-2.7%
Ratios
Current Ratio
Quick Ratio
Cashflow - '000
-200
-400
-600
-800
-1,000
Jan-13
Mar-13
May-13
Jul-13
Sep-13
Nov-13
Jan-14
Mar-14
May-14
Date
In
Out
Period
Date
In
Out
Cum
Jul-14
Sep-14
Mar-14
May-14
Jul-14
Sep-14
Nov-14
Date
In
Out
Cum
Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14
Jul-14 Aug-14
367,065 379,251 348,123 332,559 146,068 297,409 134,970
97,160 445,733 227,790 332,442 358,813 406,368 419,966
###
###
###
###
###
###
###
###
###
###
###
###
###
###
-68122
-32477 43034.5 101726 -9639.26 123822 10516.19 -109401 159490 161487 -259013 -200921 -132446 -56555.2