Plan-Print (BALANCE)

BUSINESS PLAN
FINANCIAL
PLAN
For Small & Medium Businesses

VERSION 7.0
2008 ISMAIL AB.WAHAB, MALAYSIAN ENTREPRENEURSHIP DEVELOPMENT CENTRE (MEDEC), UNIVERSITI TEKNOLOGI MARA
CLICK HERE TO ENTER DATA
FINANCIAL PLANNING
Ismail Ab.Wahab, MEDEC, UiTM, 2006
GAILY BAKERY
NAME OF BUSINESS/COMPANY
1. Projected administrative, marketing and operations expenditure :

MARKETING EXPENDITURE
Fixed Assets
Signboard
ADMINISTRATIVE EXPENDITURE
RM
1,000
Working Capital
Fixed Assets
Land & Building
Office equipment and furnitures
75
120
salary, EPF and socso

utilities
Other Expenditure
Other Expenditure
2340
Other Expenditure
Other Expenditure
2. Projected sales and purchases:
7,563
Working Capital
Business Card
internet ads
Pre-Operations
Deposit (rent, utilities, etc.)
Business Registration & Licences
Insurance & Road Tax for Motor Vehicle
Other Expenditure
TOTAL
RM
3,535
Pre-Operations
Other Expenditure
TOTAL
SALES PROJECTION
8,791
298
3720
20,372
Year 1
Year 2
Year 3
3. Collection for sales & payment for purchases:
4. Economic life of fixed assets &

depreciation method:
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 Year 1
ToTal Year 2
Total Year 3
59,700
49,200
48,000
52,150
53,500
50,000
38,100
63,500
53,500
51,200
55,500
58,650
633,000
577,500
644,125
COLLECTIONS FOR SALES

In the month of sale
1 month after sale
2 months after sale
Total
FIXED ASSETS
100%
0%
0%
100%
Econ. Life (yrs)
Signboard
-
5
5
4
4
4
4
DEPRECIATION METHOD (1=straight line, 2=declining balance)

5. Increase in working capital (if any):
Year 2
Year 3
INCREASE IN WORKING CAPITAL (%)

3%
5%
6. Ending stock for raw materials

and finished goods:
ENDING STOCK OF RAW MATERIALS
7. Rate of taxation (for private limited company):
TAX RATE
Year 1
Year 2
Year 3
8. Business background:
RM
End of Year 1
End of Year 2
End of Year 3
23%
22%
20%
BUSINESS LEGAL ENTITY
1 = Private Limited Cpmpany (Sdn. Bhd.)

2 = Partnership
3 = Sole Proprietorship
9. Sources of finance:
TERMS OF LOAN (if required)

Interest rate
Loan duration
Interest payment method*
4%
5
2
* Method: 1 = flat rate 2 = annual rest
TERMS OF HIRE-PURCHASE (if required)

Interest rate
5%
Hire-purchase duration
5
Click here to allocate the sources of finance
FINANCIAL PLANNING
Ismail Ab.Wahab, MEDEC, UiTM, 2006
ons expenditure :
OPERATIONS EXPENDITURE
Fixed Assets
RM
Machineries and kitchen

caf furniture
12,118
23,115
Working Capital
Raw Materials
Carriage Inward & Duty
Salaries, EPF & SOCSO
utilities
rental
18,523
2,176
1,250
800
Other Expenditure
Other Expenditure
Pre-Operations
Other Expenditure
TOTAL
PURCHASE PROJECTION
540
58,522
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 Year 1
ToTal Year 2
Total Year 3
18,523
8,500
7,600
10,400
11,500
9,500
2,400
16,700
11,500
10,600
13,000
14,700
134,923
145,328
167,127
\
PAYMENTS FOR PURCHASES
In the month of purchase
1 month after purchase
2 months after purchase
Total
FIXED ASSETS
Econ. Life (yrs)
0
0
caf furniture
0
0
DEPRECIATION METHOD (1=straight line, 2=declining balance)
100%
0%
0%
100%
5
5
5
5
5
5
1
ENDING STOCK OF FINISHED GOODS
End of Year 1
End of Year 2
End of Year 3
NATURE OF BUSINESS
1 = Manufacturing
2 = Trading
3 = Service
RM
1,000
500
250
GAILY BAKERY
PROJECT IMPLEMENTATION COST & SOURCES OF FINANCE
Project Implementation Cost
Requirements
Sources of Finance
Cost
Loan
Hire-Purchase
Fixed Assets
Land & Building
Fix and fixtures
0
0
Signboard
0
0
0
caf furniture
0
0
Working Capital
12 months
Administrative
Marketing
Operations
Pre-Operations & Other Expenditure
Contingencies
5%
0
7,563
0
0
0
1,000
0
0
0
12,118
23,115
0
0
0
3,782
0
0
0
500
0
0
0
6,059
11,558
0
0
109,068
2,340
272,987
6,600
21,740
52,734
1,170
136,494
4,450
10,838
TOTAL
456,530
227,584
INPUT
CASH FLOW STATEMENT
Own Contribution
Existing F. Assets
Cash
INCOME STATEMENT
3,781
500
6,059
11,557
56,334
1,170
136,493
2,150
10,902
0
228,946
BALANCE SHEET
FINANCIAL PERFORMANCE
* Kaedah: 1 = kadar tetap

2 = atas baki tahunan
Faedah
Pinjaman
Faedah
Sewa Beli
4%
Jangka Masa
(tahun)
5
Kaedah*
2
5%
Jangka Masa
(tahun)
5
ADMINISTRATIVE BUDGET
Particulars
Fixed Assets
Land & Building
0
0
0
Working Capital
utilities
0
0
0
0
0
Other Expenditure
F.Assets
MARKETING BUDGET
Monthly Exp.
7,563
8,791
298
-
7,563
Total
7,563
-

Other Pre-Operations Expenditure
Total
Others
9,089
8,791
298
3,720
3,720
Particulars
F.Assets
Fixed Assets
Signboard
0
0
0
Working Capital
Business Card
internet ads
1,000
-
0
0
0
0
0
Other Expenditure
16,652

Total
1,000
* Jangka hayat aset tetap:
tahun
Land & Building
tiada
Anggaran Jualan & Belian

Bulan
Jualan
59,700
49,200
48,000
Signboard
52,150
53,500
50,000
38,100
63,500
caf furniture
53,500
10
51,200
11
55,500
12
58,650
Jumlah Tahun 1
633,000
Jumlah Tahun 2
577,500
Kaedah susut nilai
1=garis lurus, 2=baki berkurangan
Jumlah Tahun 3
(RM)
644,125
Err:509
Err:509
% kenaikan tahun 2
0%
% kenaikan tahun 3
0%
Kutipan Jualan
Bulan semasa
1 bulan selepas jualan
2 bulan selepas jualan
Jumlah
Bayaran Kepada Pembekal
Bulan semasa
1 bulan selepas belian
2 bulan selepas belian
Jumlah
MARKETING BUDGET
OPERATIONS BUDGET
Monthly Exp.
Others
Total
1,000
75
120
-
195
75
120
2,340
2,340
Particulars
F.Assets
Fixed Assets
caf furniture
0
0
Working Capital
Raw Materials
utilities
rental
Monthly Exp.
12118
23115
0
0
18,523
2,176
1,250
800
-
0
0

Total
35,233
Total
12,118
23,115
-

Other Expenditure
1,195
Others
22,749
18,523
2,176
1,250
800
540
540
540
58,522
aran Jualan & Belian

Belian
(RM)
18,523
18,523
18,523
18,523
18,523
18,523
18,523
18,523
18,523
18,523
18,523
18,523
222,275
145,328
167,127
Err:509
Err:509
0%
Tahun 1
0%
Tahun 2
Tahun 3
Nilai stok (RM)

Bahan mentah###
Barang siap
###
500
250
100%
0%
Kadar cukai (S###
22%
20%
Kenaikan modal k
3%
5%
0%
100%
100%
0%
0%
100%
GAILY BAKERY
DEPRECIATION SCHEDULES
Fixed Asset
Cost (RM)
Method
Economic Life (yrs)
Year
0
1
2
3
4
5
6
7
8
9
10
Annual
Depreciation
Accumulated
Depreciation
1,513
1,513
1,513
1,513
1,513
0
0
0
0
0
Fixed Asset
Cost (RM)
Method
Economic Life (yrs)
Year
Annual
Depreciation
0
1
2
3
4
5
6
7
8
9
10
0
1
2
3
4
Book Value
1,513
3,025
4,538
6,050
7,563
0
0
0
0
0
Annual
Depreciation
250
250
250
250
Fixed Asset
Cost (RM)
Method
Economic Life (yrs)
Year
7,563
6,050
4,538
3,025
1,513
-
Annual
Depreciation
0
1
2
3
4
5
6
7
8
9
10
Book Value
Year
Accumulated
Depreciation
250
500
750
1,000
Annual
Depreciation
0
1
2
3
4
5
6
7
8
9
10
Book Value
1,000
750
500
250
-
Year
0
1
2
3
4
0
0
Straight Line
4
Accumulated
Depreciation
Fixed Asset
Cost (RM)
Method
Economic Life (yrs)
Signboard
1,000
Straight Line
4
0
0
Straight Line
5
Accumulated
Depreciation
Fixed Asset
Cost (RM)
Method
Economic Life (yrs)
0
0
Straight Line
4
Accumulated
Depreciation
Fixed Asset
Cost (RM)
Method
Economic Life (yrs)
Year

7,563
Straight Line
5
Annual
Depreciation
0
0
Straight Line
4
Accumulated
Depreciation
5
6
7
8
9
10
0
0
0
0
0
0
Fixed Asset
Cost (RM)
Method
Economic Life (yrs)
Year
0
1
2
3
4
5
6
7
8
9
10
2,424
2,424
2,424
2,424
2,424
0
0
0
0
0
Annual
Year
Book Value
2,424
4,847
7,271
9,694
12,118
0
0
0
0
0
Year
12,118
9,694
7,271
4,847
2,424
-
0
1
2
3
4
5
6
7
8
9
10
0
Straight Line
5
Book Value
Year
caf furniture
23,115
Straight Line
5
Annual
Depreciation
Accumulated
Depreciation
4,623
4,623
4,623
4,623
4,623
0
0
0
0
0
Annual
Depreciation
0
0
Straight Line
5
Accumulated
Depreciation
Fixed Asset
Cost (RM)
Method
Economic Life (yrs)
Annual
Depreciation
0
1
2
3
4
5
6
7
8
9
10
Accumulated
Depreciation
Fixed Asset
Cost (RM)
Method
Economic Life (yrs)

12,118
Straight Line
5
Accumulated
Depreciation
Fixed Asset
Cost (RM)
Method
Economic Life (yrs)
Year
Book Value
Annual
Depreciation
5
6
7
8
9
10
Fixed Asset
Cost (RM)
Method
Economic Life (yrs)
Accumulated
Depreciation
Fixed Asset
Cost (RM)
Method
Economic Life (yrs)
0
0
Straight Line
5
Annual
Depreciation
0
1
2
3
4
5
6
7
8
9
10
Year
0
0
0
0
0
0
4,623
9,246
13,869
18,492
23,115
0
0
0
0
0
0
0
Straight Line
5
Accumulated
Depreciation
Depreciation
1
2
3
4
5
6
7
8
9
10
INPUT
CASH FLOW STATEMENT
1
2
3
4
5
6
7
8
9
10
INCOME STATEMENT
BALANCE SHEET
GAILY BAKERY
LOAN & HIRE-PURCHASE AMMORTISATION SCHEDULES
LOAN REPAYMENT SCHEDULE
Amount
Interest Rate
Duration (yrs)
Method
Book Value
Year
Book Value
Book Value
0
1
2
3
4
5
6
7
8
9
10
HIRE-PURCHASE RE
227,584
4%
5
Baki Tahunan
Principal
45,517
45,517
45,517
45,517
45,517
0
0
0
0
0
Interest
9,103
7,283
5,462
3,641
1,821
0
0
0
0
0
Amount
Interest Rate
Duration (yrs)
Total Payment
54,620
52,800
50,979
49,158
47,338
-
Principal Balance
227,584
182,067
136,551
91,034
45,517
0
Year
0
1
2
3
4
5
6
7
8
9
10
Principal
Book Value
furniture
Book Value
23,115
18,492
13,869
9,246
4,623
-
Book Value
BALANCE SHEET
SATION SCHEDULES
HIRE-PURCHASE REPAYMENT SCHEDULE
0
5%
5
Interest
Total Payment
Principal Balance
GAILY BAKERY
PRO FORMA CASH FLOW STATEME
MONTH
Pre-Operations
CASH INFLOW
Capital (Cash)
228,946
Loan
227,584
59,700
49,200
48,000
52,150
53,500
50,000
59,700
49,200
48,000
52,150
53,500
50,000
8,791
8,791
8,791
8,791
8,791
8,791
Cash Sales
Collection of Accounts Receivable
TOTAL CASH INFLOW
456,530
CASH OUTFLOW
Administrative Expenditure
utilities
298
298
298
298
298
298
Marketing Expenditure
Business Card
75
75
75
75
75
75
120
120
120
120
120
120
18,523
8,500
7,600
10,400
11,500
9,500
internet ads
Operations Expenditure
Cash Purchase
Payment of Account Payable
2,176
2,176
2,176
2,176
2,176
2,176
utilities
1,250
1,250
1,250
1,250
1,250
1,250
800
800
800
800
800
800
rental
Other Expenditure
6,060
Pre-Operations
540
Fixed Assets
Purchase of Fixed Assets - Land & Building
Purchase of Fixed Assets - Others
43,796
Hire-Purchase Down Payment

Hire-Purchase Repayment:
Principal
Interest
3,793
3,793
3,793
3,793
3,793
3,793
759
759
759
759
759
759
42,645
26,562
25,662
28,462
29,562
27,562
Loan Repayment:
Principal
Interest
Tax Payable
TOTAL CASH OUTFLOW
CASH SURPLUS (DEFICIT)
44,336
412,194
BEGINNING CASH BALANCE

ENDING CASH BALANCE
INPUT
412,194
INCOME STATEMENT
17,055
22,638
22,338
23,688
23,938
22,438
412,194
429,250
451,888
474,226
497,915
521,853
429,250
451,888
474,226
497,915
521,853
544,291
BALANCE SHEET
GAILY BAKERY
FORMA CASH FLOW STATEMENT
7
10
11
12
TOTAL YR 1
YEAR 2
YEAR 3
228,946
227,584
0
0
38,100
63,500
53,500
51,200
55,500
58,650
633,000
577,500
644,125
38,100
63,500
53,500
51,200
55,500
58,650
1,089,530
577,500
644,125
8,791
8,791
8,791
8,791
8,791
8,791
105,492
108,657
114,090
298
298
298
298
298
298
3,576
3,683
3,867
75
75
75
75
75
75
900
927
973
120
120
120
120
120
120
1,440
1,483
1,557
2,400
16,700
11,500
10,600
13,000
14,700
134,923
145,328
167,127
0
0
2,176
2,176
2,176
2,176
2,176
2,176
26,112
26,895
28,240
1,250
1,250
1,250
1,250
1,250
1,250
15,000
15,450
16,223
800
800
800
800
800
800
9,600
9,888
10,382
6,060
6,242
6,554
540
43,796
3,793
3,793
3,793
3,793
3,793
3,793
45,517
45,517
45,517
759
759
759
759
759
759
9,103
7,283
5,462
20,462
34,762
29,562
28,662
31,062
32,762
402,059
371,353
399,993
17,638
28,738
23,938
22,538
24,438
25,888
687,471
206,147
244,132
544,291
561,930
590,668
614,606
637,145
661,583
687,471
893,618
561,930
590,668
614,606
637,145
661,583
687,471
687,471
893,618
1,137,751
Ismail Ab.Wahab
-
GAILY BAKERY
PRO-FORMA PRODUCTION COST STATEMENT
Year 1
Raw Materials
Opening Stock
Current Year Purchases
Ending Stock
Raw Materials Used
Carriage Inward
Factory Overhead
Depreciation of Fixed assets (Operations)
utilities
rental
0
0
Total Factory Overhead
Production Cost
Year 2
0
134,923
0
134,923
0
134,923
26,112
0
145,328
0
145,328
0
145,328
26,895
7,047
15,000
9,600
0
0
31,647
192,682
7,047
15,450
9,888
0
0
32,385
204,608
GAILY BAKERY
PRO-FORMA INCOME STATEMENT
Year 1
Sales
Year 2
633,000
577,500
Less: Cost of Sales

Opening Stock of Finished Goods
Production Cost
Less: Ending Stock of Finished Goods
1,000
192,682
204,608
1,000
500
191,682
205,108
441,319
372,392
109,068
112,340
Marketing Expenditure
2,340
2,410
Other Expenditure
6,060
6,242
Gross Profit
Less: Enpenditure
Administrative Expenditure
540
Interest on Hire-Purchase
Interest on Loan
9,103
7,283
Depreciation of Fixed Assets
1,763
1,763
Total Expenditure
128,874
130,037
Net Profit Before Tax
312,445
242,355
Tax
Net Profit After Tax

Accumulated Net Profit
INPUT
CASH FLOW STATEMENT
312,445
312,445
242,355
554,799
BALANCE SHEET
Ismail Ab.Wahab
GAILY BAKERY
RODUCTION COST STATEMENT
Year 3
0
167,127
0
167,127
0
167,127
28,240
7,047
16,223
10,382
0
0
33,652
229,019
GAILY BAKERY
RMA INCOME STATEMENT
Year 3
644,125
500
229,019
250
0
229,269
414,856
117,957
2,531
6,554
0
0
0
5,462
1,763
134,266
280,590
0
280,590
835,389
BALANCE SHEET
GAILY BAKERY
PRO-FORMA BALANCE SHEET
Year 1
Year 2
ASSETS
Non-Current Assets (Book Value)
Land & Building
0
0
0
Signboard
0
0
0
caf furniture
0
0
Other Assets
Deposit
Current Assets
Stock of Raw Materials
Stock of Finished Goods
Accounts Receivable
Cash Balance
TOTAL ASSETS
Owners' Equity
Capital
Accumulated Profit
Long-Term Liabilities
Loan Balance
Hire-Purchase Balance
Current Liabilities
Accounts Payable
TOTAL EQUITY & LIABILITIES
INPUT
CASH FLOW STATEMENT
0
6,050
0
0
0
750
0
0
0
9,694
18,492
0
0
0
4,538
0
0
0
500
0
0
0
7,271
13,869
0
0
34,987
26,178
0
1,000
0
687,471
0
500
0
893,618
688,471
894,118
723,458
920,296
228,946
312,445
541,391
228,946
554,799
783,745
182,067
0
182,067
136,551
0
136,551
723,458
920,296
INCOME STATEMENT
AILY BAKERY
MA BALANCE SHEET
Year 3
0
3,025
0
0
0
250
0
0
0
4,847
9,246
0
0
0
17,368
0
250
0
1,137,751
1,138,001
1,155,369
228,946
835,389
1,064,335
91,034
0
91,034
0
1,155,369
INCOME STATEMENT
GAILY BAKERY
FINANCIAL RATIO ANALYSIS

Year 1
LIQUIDITY
Current Ratio
Quick Ratio (Acid Test)
Year 2
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
EFFICIENCY
Inventory Turnover
192
273
PROFITABILITY
Gross Profit Margin
Net Profit Margin
Return on Assets
Return on Equity
69.72%
49.36%
43.19%
57.71%
64.48%
41.97%
26.33%
30.92%
SOLVENCY
Debt to Equity
Debt to Assets
Time Interest
Earned
BREAK-EVEN
ANALYSIS
33.63%
25.17%
33
17.42%
14.84%
32
INPUT
CASH FLOW STATEMENT
INCOME STATEMENT
GAILY BAKERY
ANCIAL RATIO ANALYSIS

Year 3
#DIV/0!
#DIV/0!
611
64.41%
43.56%
24.29%
26.36%
8.55%
7.88%
50
INCOME STATEMENT
BALANCE SHEET
FINANCIAL RATIOS
Current Ratios
12
10
Ratio
6
0
1
Year
Inv entory Turnov er

700
600
500
400
Times
300
200
100
0
1
Year
Net Profit Margin
50.00%
48.00%
46.00%
Percent
44.00%
42.00%
40.00%
38.00%
1
2
Year
Percent
44.00%
42.00%
40.00%
38.00%
1
Year
Return on Equity
70.00%
60.00%
50.00%
40.00%
Percent
30.00%
20.00%
10.00%
0.00%
1
Year
Debts to Assets
30%
25%
20%
Percent
15%
10%
5%
0%
1
2
Year
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
#DIV/0!
192
273
611
69.72%
49.36%
43.19%
57.71%
64.48%
41.97%
26.33%
30.92%
64.41%
43.56%
24.29%
26.36%
34%
25%
33
17%
15%
32
9%
8%
50
ANCIAL RATIOS
Quick Ratios
12
10
Ratio
6
0
1
Year
Gross Profit Margin

71.00%
70.00%
69.00%
68.00%
67.00%
Percent
66.00%
65.00%
64.00%
63.00%
62.00%
61.00%
1
Year
Return on Assets
50.00%
45.00%
40.00%
35.00%
30.00%
Percent
25.00%
20.00%
15.00%
10.00%
5.00%
0.00%
1
2
Year
30.00%
Percent
25.00%
20.00%
15.00%
10.00%
5.00%
0.00%
1
Year
Debts to Equity
40%
35%
30%
25%
Percent
20%
15%
10%
5%
0%
1
Year
Times Interest Earned

60
50
40
Times
30
20
10
0
1
2
Year

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Plan-Print (BALANCE)

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BUSINESS PLAN

For Small & Medium Businesses

CLICK HERE TO ENTER DATA

1. Projected administrative, marketing and operations expenditure :

salary, EPF and socso

2. Projected sales and purchases:

4. Economic life of fixed assets &

COLLECTIONS FOR SALES

Econ. Life (yrs)

DEPRECIATION METHOD (1=straight line, 2=declining balance)

INCREASE IN WORKING CAPITAL (%)

6. Ending stock for raw materials

ENDING STOCK OF RAW MATERIALS

7. Rate of taxation (for private limited company):

BUSINESS LEGAL ENTITY

1 = Private Limited Cpmpany (Sdn. Bhd.)

TERMS OF LOAN (if required)

* Method: 1 = flat rate 2 = annual rest

TERMS OF HIRE-PURCHASE (if required)

Machineries and kitchen

Econ. Life (yrs)

ENDING STOCK OF FINISHED GOODS

CASH FLOW STATEMENT

* Kaedah: 1 = kadar tetap

Deposit (rent, utilities, etc.)

Deposit (rent, utilities, etc.)

* Jangka hayat aset tetap:

Land & Building

Anggaran Jualan & Belian

Office equipment and furnitures

Machineries and kitchen

Kaedah susut nilai

1=garis lurus, 2=baki berkurangan

Deposit (rent, utilities, etc.)

Pre-Operations & Other Expenditure

aran Jualan & Belian

Nilai stok (RM)

Kadar cukai (S###

Office equipment and furnitures

Machineries and kitchen

CASH FLOW STATEMENT

Payment of Account Payable

Carriage Inward & Duty

Salaries, EPF & SOCSO

Insurance & Road Tax for Motor Vehicle

Other Pre-Operations Expenditure

Business Registration & Licences

Hire-Purchase Down Payment

BEGINNING CASH BALANCE

Less: Cost of Sales

Business Registration & Licences

Insurance & Road Tax for Motor Vehicle

Other Pre-Operations Expenditure

Depreciation of Fixed Assets

Net Profit Before Tax

Net Profit After Tax

CASH FLOW STATEMENT

CASH FLOW STATEMENT

FINANCIAL RATIO ANALYSIS

CASH FLOW STATEMENT

ANCIAL RATIO ANALYSIS

Inv entory Turnov er

Net Profit Margin