Galaxy Musique

Income Statement
For the years ended, Year 1 to Year 5
(IN PHP)

Net Revenue (1 & 2)

Income from Sales (3)
Total Income before Interest
Add: Interest Income
Total Income
Less: Expenses
Cost of Services (5)
Cost of Sales (5)
Administrative Expenses (5)
Selling Expenses (5)
Total Expenses
Net Income Before Tax
Less: Income Tax (30%)
Net Income After Tax

YEAR 1
6,902,740.00
2,761,200.00
9,663,940.00
9,663,940.00

YEAR 2
7,303,098.92
2,921,349.60
10,224,448.52
31,800.00
10,256,248.52

6,179,924.04
1,840,800.00
923,751.73
595,000.00
9,539,475.77

6,234,582.54
1,866,571.20
1,001,325.90
602,735.00
9,705,214.64

124,464.24
37,339.27
87,124.96

551,033.88
165,310.16
385,723.71

Musique
Statement
ed, Year 1 to Year 5
PHP)
YEAR 3
7,726,678.66
3,090,787.88
10,817,466.53
51,000.00
10,868,466.53

YEAR 4
8,174,826.02
3,270,053.57
11,444,879.59
71,340.00
11,516,219.59

YEAR 5
8,648,965.93
3,459,716.68
12,108,682.61
98,862.00
12,207,544.61

6,289,951.60
1,892,703.20
1,009,721.44
610,717.44
9,803,093.68

6,346,040.46
1,919,201.04
1,018,445.25
618,805.71
9,902,492.46

6,402,858.47
1,946,069.86
1,027,514.19
627,001.21
10,003,443.72

1,065,372.86
319,611.86
745,761.00

1,613,727.14
484,118.14
1,129,608.99

2,204,100.89
661,230.27
1,542,870.62

Galaxy Musique
Statement of Cash Flows
Year 1 to Year 5
(IN PHP)
YEAR 1
Operating Activities
Cash Flow from Customers
Purchase of Raw Materials
paymment of Rent (AM)
Payment of Rent
Payment for Advertisements
Payment for Taxes and Licenses
Payment of Salaries & 13th Month Pay
Remittance of Contributions
Payment for Utilities
Purchase of Supplies
Payment for Repairs and Maintenance
Payment for Miscellaneous Expenses
Payment of Income Tax

9,663,940.00
(1,840,800.00)
(1,975,424.04)
(2,992,500.00)
(145,000.00)
(8,600.00)
(1,001,304.00)
(91,982.00)
(426,000.00)
(206,783.00)
(360,000.00)
(50,000.00)
(37,339.27)
528,207.69

Cash Flow From (Used by) Operating Activities

Investing AcPayments to Acquire Machineries
Payments to Acquire Furniture and Fixtures
Payments for Leasehold Improvements
Investment in Marketable Securities
Interest Income from Marketable Securities

(282,838.00)
(254,409.00)
(5,700,000.00)
(1,060,000.00)
(7,297,247.00)

Cash Flow From (Used by) Investing Activities

Financing Ac
Investment by Partners
Withdrawals

7,100,000.00
(47,918.73)
7,052,081.27

Cash Flow From (Used by) Financing Activities

Net Increase (Decrease) in Cash
Add: Beginning Balance
Ending Cash Balance

283,041.96
283,041.96

Galaxy Musique
Statement of Cash Flows
Year 1 to Year 5
(IN PHP)
YEAR 2

YEAR 3

YEAR 4

YEAR 5

10,224,448.52
(1,866,571.20)
(1,975,424.04)
(2,992,500.00)
(146,885.00)
(82,836.00)
(1,012,930.68)
(10,108.00)
(431,538.00)
(209,471.18)
(364,680.00)
(50,650.00)
(165,310.16)
915,544.26

10,817,466.53
(1,892,703.20)
(1,975,424.04)
(2,992,500.00)
(148,941.39)
(87,640.49)
(1,025,420.90)
(10,501.00)
(437,147.99)
(212,403.78)
(369,420.84)
(51,308.45)
(319,611.86)
1,294,442.60

11,444,879.59
(1,919,201.04)
(1,975,424.04)
(2,992,500.00)
(151,026.57)
(92,723.64)
(1,046,066.99)
(10,626.00)
(442,830.92)
(215,377.43)
(374,223.31)
(51,975.46)
(484,118.14)
1,688,786.06

12,108,682.61
(1,946,069.86)
(1,975,424.04)
(2,992,500.00)
(153,140.94)
(98,101.61)
(1,051,765.32)
368.00
(448,587.72)
(218,392.71)
(379,088.21)
(52,651.14)
(661,230.27)
2,132,098.79

(640,000.00)
31,800.00
(608,200.00)

(678,000.00)
51,000.00
(627,000.00)

(917,400.00)
98,862.00
(818,538.00)

(1,054,600.00)
130,500.00
(924,100.00)

(250,720.41)
(250,720.41)

(484,744.65)
(484,744.65)

(847,206.75)
(847,206.75)

(1,157,152.97)
(1,157,152.97)

56,623.84
283,041.96
339,665.80

182,697.95
339,665.80
522,363.76

23,041.31
522,363.76
545,405.07

50,845.83
545,405.07
596,250.89

Galaxy Musique
Balance Sheet
Year 1 to Year 5
(IN PHP)
YEAR 1

YEAR 2

ASSETS
Current Assets
Cash
Marketable Securities
Total Current Assets

283,041.96
1,060,000.00
1,343,041.96

339,665.80
1,700,000.00
2,039,665.80

226,270.40
222,607.88
5,130,000.00
225,648.00
5,804,526.28

169,702.80
190,806.75
4,560,000.00
322,764.18
5,243,273.73

7,147,568.23

7,282,939.53

1,000.00
6,362.00
1,000.00
8,362.00

1,000.00
6,730.00
1,000.00
8,730.00

Partners' Equity
Beginning,Capital
Add: Net Income
Total
Less: Withdrawals
Total Capital

7,100,000.00
87,124.96
7,187,124.96
47,918.73
7,139,206.23

7,139,206.23
385,723.71
7,524,929.95
250,720.41
7,274,209.53

Total Liabilities & Partners' Equity

7,147,568.23

7,282,939.53

Non-Current Assets
Machineries & Equipment
Furniture & Fixtures
Leasehold Improvements
Total Non-Current Assets
Total Assets
LIABILITIES & PARTNERS' EQUITY
Current Liabilities
PhilHealth Contributions Payable
SSS & EC Contributions Payable
Pag-ibig Contributions Payable
Total Current Liabilities

DIFFERENCE

87,124.96

385,723.71

745,761.00

Musique
e Sheet
o Year 5
PHP)
YEAR 3

YEAR 4

YEAR 5

522,363.76
2,378,000.00
2,900,363.76

545,405.07
3,295,400.00
3,840,805.07

596,250.89
4,350,000.00
4,946,250.89

113,135.20
159,005.63
3,990,000.00
381,576.30
4,643,717.13

56,567.60
127,204.50
3,420,000.00
381,905.96
3,985,678.06

95,403.38
2,850,000.00
320,914.52
3,266,317.90

7,544,080.88

7,826,483.13

8,212,568.79

1,125.00
6,730.00
1,000.00
8,855.00

1,125.00
6,730.00
1,000.00
8,855.00

1,125.00
7,098.00
1,000.00
9,223.00

7,274,209.53
745,761.00
8,019,970.53
484,744.65
7,535,225.88

7,535,225.88
1,129,608.99
8,664,834.88
847,206.75
7,817,628.13

7,817,628.13
1,542,870.62
9,360,498.75
1,157,152.97
8,203,345.79

7,544,080.88

7,826,483.13

8,212,568.79

(0.00)

(0.00)

0.00

1,129,608.99

1,542,870.62

(4,461,484.32)

(135,003.30)

(261,016.35)

7,528,505.88

7,810,908.13

8,196,625.79

FIXED CAPITAL ASSET

Machineries & Equipment
Furniture & Fixtures
Leasehold Improvements (22,000/sq. m)
Total
PRE-OPERATING EXPENSES
Advertising Expenses
Promotional Expenses
Organizational Expenses
Kitchen Utensils
Arcade Supplies
Store Supplies
Total

282,838.00
254,409.00
5,700,000.00
6,237,247.00

145,000.00
450,000.00
8,600.00
38,008.00
152,250.00
16,525.00
810,383.00

WORKING CAPITAL
Cash
Total
TOTAL PROJECT COST

52,370.00
52,370.00
7,100,000.00

52,370.00

target
7,100,000.00

SCHEDULE OF DEPRECIATION EXPEN

FIXED ASSETS
Machineries & Equipment
Furniture & Fixtures
Leasehold Improvements
TOTAL

COST
282,838.00
254,409.00
5,700,000.00
254,409.00

USEFUL LIFE
5
8
10

YEAR 1
56,567.60
31,801.13
570,000.00
658,368.73

DEPRECIATION EXPENSE
DEPRECIATION EXPENSE
YEAR 2
YEAR 3
YEAR 4
56,567.60
56,567.60
56,567.60
31,801.13
31,801.13
31,801.13
570,000.00
570,000.00
570,000.00
658,368.73
658,368.73
658,368.73

YEAR 5
56,567.60
31,801.13
570,000.00
658,368.73

Machineries & Equipment

Less: Accumulated Depreciation
Carrying Amount

YEAR 1
282,838.00
56,567.60
226,270.40

YEAR 2
226,270.40
56,567.60
169,702.80

Furniture & Fixtures

Less: Accumulated Depreciation
Carrying Amount

254,409.00
31,801.13
222,607.88

222,607.88
31,801.13
190,806.75

Leasehold Improvements
Less: Accumulated Depreciation
Carrying Amount

5,700,000.00
570,000.00
5,130,000.00

5,130,000.00
570,000.00
4,560,000.00

YEAR 3
169,702.80
56,567.60
113,135.20

YEAR 4
113,135.20
56,567.60
56,567.60

YEAR 5
56,567.60
56,567.60
-

190,806.75
31,801.13
159,005.63

159,005.63
31,801.13
127,204.50

127,204.50
31,801.13
95,403.38

4,560,000.00
570,000.00
3,990,000.00

3,990,000.00
570,000.00
3,420,000.00

3,420,000.00
570,000.00
2,850,000.00

SCHEDULE OF EXPENSES
Selling Expenses
Advertising Expenses
Promotional Expenses
Total Selling Expenses

YEAR 1
145,000.00
450,000.00
595,000.00

YEAR 2
146,885.00
455,850.00
602,735.00

YEAR 1
8,600.00
658,368.73
206,783.00
50,000.00
923,751.73

YEAR 2
82,836.00
658,368.73
209,471.18
50,650.00
1,001,325.90

YEAR 1
1,001,304.00
12,000.00
37,056.00
12,000.00
1,975,424.04
2,992,500.00
426,000.00
360,000.00
6,816,284.04

YEAR 2
1,012,930.68
12,000.00
39,240.00
12,000.00
1,975,424.04
3,031,402.50
431,538.00
364,680.00
6,879,215.22

1,840,800.00

Administrative Expenses
Taxes and Licenses (B)
Depreciation Expense (C)
Supplies Expense (D)
Miscellaneous Expense
Total Administrative Expenses
Cost of Service
Salaries Expense (E)
PhilHealth Contribution Expense (E)
SSS & EC Contribution Expense (E)
Pag-ibig Contribution Expense (E)
Rent Expense (AM)
Rent Expense (Space)
Utility Expense (F)
Repairs and Maintenance (F)
Total Cost of Service
Cost of Sales
Purchases
Total Cost of Sales

1,840,800.00

1,866,571.20
1,866,571.20

Total Expenses

9,580,835.77

10,349,847.32

EXPENSES
YEAR 3
148,941.39
461,776.05
610,717.44

YEAR 4
151,026.57
467,779.14
618,805.71

YEAR 5
153,140.94
473,860.27
627,001.21

YEAR 3
87,640.49
658,368.73
212,403.78
51,308.45
1,009,721.44

YEAR 4
92,723.64
658,368.73
215,377.43
51,975.46
1,018,445.25

YEAR 5
98,101.61
658,368.73
218,392.71
52,651.14
1,027,514.19

YEAR 3
1,025,420.90
13,500.00
39,240.00
12,000.00
1,975,424.04
3,070,810.73
437,147.99
369,420.84
6,942,964.51

YEAR 4
1,046,066.99
13,500.00
39,240.00
12,000.00
1,975,424.04
3,110,731.27
442,830.92
374,223.31
7,014,016.53

YEAR 5
1,051,765.32
13,500.00
41,424.00
12,000.00
1,975,424.04
3,151,170.78
448,587.72
379,088.21
7,072,960.07

1,892,703.20
1,892,703.20

1,919,201.04
1,919,201.04

1,946,069.86
1,946,069.86

10,456,106.58

10,570,468.53

10,673,545.32

ADVERTISING
QUANTITY PRICE PER UNIT
MATERIALS
Tarpaulin
Fliers
TOTAL

10
500

250.00
7.00

MONTHLY
ADVERTISING
COST
2,500.00
3,500.00
6,000.00

ANNUAL
ADVERTISING
COST
30,000.00
42,000.00
72,000.00

SCHEDULE OF ADVERTISING & PROMOTIONAL EXPENSES

YEAR 1
YEAR 2
YEAR 3
Advertising Expense
Promotional Expense
Total Advertising Expenses

145,000.00
450,000.00
595,000.00

146,885.00
455,850.00
602,735.00

148,941.39
461,776.05
610,717.44

20% DISCOUNT (
KARAOKE
ROOMS

AL EXPENSES
YEAR 4
151,026.57
467,779.14
618,805.71

YEAR 5
153,140.94
473,860.27
627,001.21

REGULAR PRICE
PER ROOM

Solaris
Kairos
Iris
Luvenaris
Portia
Thalassa
Pandora
Ophelia
Estelia
Desdemona
Cassiopea
Cordelia

580
580
580
580
800
800
800
800
800
970
970
970
TOTAL

20% DISCOUNT (1ST WEEK)

MAXIMUM ESTIMATED
RECEIPTS PER DAY
3,480.00
3,480.00
3,480.00
3,480.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
3,880.00
3,880.00
3,880.00
45,560.00

MAXIMUM ESTIMATED
RECEIPTS PER WEEK
24,360.00
24,360.00
24,360.00
24,360.00
28,000.00
28,000.00
28,000.00
28,000.00
28,000.00
27,160.00
27,160.00
27,160.00
318,920.00

TOTAL COST OF
DISCOUNT (25%)
7,308.00
7,308.00
7,308.00
7,308.00
8,400.00
8,400.00
8,400.00
8,400.00
8,400.00
8,148.00
8,148.00
8,148.00
95,676.00

Marketable Securities
Multiplied by: Interest per annum
Interest Income

SCHEDULE OF INTEREST INCOME

YEAR 1
YEAR 2
YEAR 3
1,060,000.00
1,700,000.00
3%
3%
3%
31,800.00
51,000.00

OME
YEAR 4
3,295,400.00
3%
98,862.00

YEAR 5
4,350,000.00
3%
130,500.00

Galaxy Musique
Income Statement
Year 1 to Year 5
(IN PHP)

Partners' Equity
Partners' Capital, Beginning
Add: Net Income
Total
Less: Withdrawals
Partners' Capital, Ending

YEAR 1

YEAR 2

YEAR 3

7,100,000.00
87,124.96
7,187,124.96
47,918.73
7,139,206.23

7,139,206.23
385,723.71
7,524,929.95
250,720.41
7,274,209.53

7,274,209.53
745,761.00
8,019,970.53
484,744.65
7,535,225.88

YEAR 4

YEAR 5

7,535,225.88
1,129,608.99
8,664,834.88
847,206.75
7,817,628.13

7,817,628.13
1,542,870.62
9,360,498.75
1,157,152.97
8,203,345.79

PRODUCTS
SALES PRICE PER UNIT EST. QTY. SOLD PER DAY
Burger
55
25
Hotdog Sandwich
39
25
Pizza
179
20
Fries
29
30
Beverages
29
30
TOTAL
PRODUCTS
COST PRICE PER UNIT
Burger
37
Hotdog Sandwich
26
Pizza
119
Fries
19
Beverages
19
TOTAL

EST. QTY. SOLD PER DAY

25
25
20
30
30

EST. TOTAL DAILY SALES

EST. MONTHLY SALES

EST. ANNUAL SALES

1,375.00

41,250.00

495,000.00

975.00

29,250.00

351,000.00

3,580.00

107,400.00

1,288,800.00

870.00

26,100.00

313,200.00

870.00

26,100.00

313,200.00

7,670.00

230,100.00

2,761,200.00

EST. TOTAL DAILY COST

EST. MONTHLY COST

EST. ANNUAL COST

916.67

27,500.00

330,000.00

650.00

19,500.00

234,000.00

2,386.67

71,600.00

859,200.00

580.00

17,400.00

208,800.00

580.00

17,400.00

208,800.00

5,113.33

153,400.00

1,840,800.00

Documents
Business Permit
Community Tax Certificate
Documentary Stamp Tax Form
Name Reservation - Security and Exchange Commission
Printing of Receipts
Registration of Articles of Partnership
Registration - Bureau of Internal Revenue
Security and Exchange Commission Fee
Other Documents
Total Legal and Organization Costs

Amount/Fee
10,000.00
500.00
500.00
120.00
1,750.00
2,000.00
500.00
2,000.00
500.00
17,870.00

YEAR 1
Income from Sales from previous year

8,600.00

Total Taxes and Licences

Taxes and license

Name Reservation (SEC)

120

Articles of Partnership Registration

1500.00

Security and Exchange Commission- Registration

1100.00

Bureau of Internal Revenue- Registration

500.00

Documentary Stamp Tax Form

125.00

Business Permit

525.00

Mayor's Permit

1800.00

Barangay Clearance

30.00

Residence Certificate for Business (Cedula)

250.00

Health and Sanitary Permit

350.00

Contract of Lease

200.00

Printing of Receipts

1500.00

Sanitary Insurance Fee

150.00

Fire Inspection Fee

150.00

Other Documents

Total

300.00

8,600.00

YEAR 2
2,761,200.00
3%
82,836.00

YEAR 3
2,921,349.60
3%
87,640.49

YEAR 4
3,090,787.88
3%
92,723.64

YEAR 5
3,270,053.57
3%
98,101.61

Contract of Lease

200.00

Printing of Receipts

1500.00

Sanitary Insurance Fee

150.00

Fire Inspection Fee

150.00

Other Documents

Total

300.00

2,300.00

SCHEDULE OF SUPPLIES EXPENSE

SUPPLIES
ANNUAL COST
Kitchen Supplies
38,008.00
Store Supplies
16,525.00
Arcade Supplies
152,250.00
TOTAL
206,783.00

YEAR 1
POSITIONS
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

MONTHLY SALARIES

13TH MONTH PAY

ANNUAL SALARIES

8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
88,530.00

8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
88,530.00

100,130.40
100,130.40
100,130.40
100,130.40
100,130.40
100,130.40
100,130.40
100,130.40
100,130.40
100,130.40
1,001,304.00

MONTHLY SALARIES

13TH MONTH PAY

ANNUAL SALARIES

8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
89,680.89

8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
89,680.89

101,293.07
101,293.07
101,293.07
101,293.07
101,293.07
101,293.07
101,293.07
101,293.07
101,293.07
101,293.07
1,012,930.68

MONTHLY SALARIES

13TH MONTH PAY

ANNUAL SALARIES

9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67

9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67

102,542.09
102,542.09
102,542.09
102,542.09
102,542.09
102,542.09
102,542.09
102,542.09

YEAR 2
POSITIONS
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL
YEAR 1
POSITIONS
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew

Cook
Server
TOTAL

9,084.67
9,084.67
90,846.74

9,084.67
9,084.67
90,846.74

102,542.09
102,542.09
1,025,420.90

MONTHLY SALARIES

13TH MONTH PAY

ANNUAL SALARIES

9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
92,027.75

9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
92,027.75

103,959.30
103,959.30
103,959.30
103,959.30
103,959.30
103,959.30
103,959.30
103,959.30
103,959.30
110,433.30
1,046,066.99

MONTHLY SALARIES

13TH MONTH PAY

ANNUAL SALARIES

9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
93,224.11

9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
93,224.11

105,176.53
105,176.53
105,176.53
105,176.53
105,176.53
105,176.53
105,176.53
105,176.53
105,176.53
105,176.53
1,051,765.32

YEAR 1
POSITIONS
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL
YEAR 1
POSITIONS
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

PHILHEALTH
EE
ER
1200
1200
1200
1200
1200
1200
1200
1200
1200
1200

12,000.00

1200
1200
1200
1200
1200
1200
1200
1200
1200
1200

12,000.00

PHILHEALTH
EE
ER
1200
1200
1200
1200
1200
1200
1200
1200
1200
1200

12,000.00

1200
1200
1200
1200
1200
1200
1200
1200
1200
1200

12,000.00

PHILHEALTH
EE
ER
1350
1350
1350
1350
1350
1350
1350
1350

1350
1350
1350
1350
1350
1350
1350
1350

SSS

PAG-IBIG

EE

ER

EE

ER

3705.6
3705.6
3705.6
3705.6
3705.6
3705.6
3705.6
3705.6
3705.6
3705.6

7634.4
7634.4
7634.4
7634.4
7634.4
7634.4
7634.4
7634.4
7634.4
7634.4

1200
1200
1200
1200
1200
1200
1200
1200
1200
1200

1200
1200
1200
1200
1200
1200
1200
1200
1200
1200

12,000.00

12,000.00

37,056.00

76,344.00

SSS

PAG-IBIG

EE

ER

EE

ER

3924
3924
3924
3924
3924
3924
3924
3924
3924
3924

8076
8076
8076
8076
8076
8076
8076
8076
8076
8076

1200
1200
1200
1200
1200
1200
1200
1200
1200
1200

1200
1200
1200
1200
1200
1200
1200
1200
1200
1200

12,000.00

12,000.00

39,240.00

80,760.00

SSS

PAG-IBIG

EE

ER

EE

ER

3924
3924
3924
3924
3924
3924
3924
3924

8076
8076
8076
8076
8076
8076
8076
8076

1200
1200
1200
1200
1200
1200
1200
1200

1200
1200
1200
1200
1200
1200
1200
1200

1350
1350

13,500.00

1350
1350

13,500.00

PHILHEALTH
EE
ER

3924
3924

8076
8076

39,240.00

80,760.00

1200
1200

1200
1200

12,000.00

12,000.00

SSS

PAG-IBIG

EE

ER

EE

ER

1350
1350
1350
1350
1350
1350
1350

1350
1350
1350
1350
1350
1350
1350

3924
3924
3924
3924
3924
3924
3924

8076
8076
8076
8076
8076
8076
8076

1200
1200
1200
1200
1200
1200
1200

1200
1200
1200
1200
1200
1200
1200

1350
1350
1350

1350
1350
1350

3924
3924
3924

8076
8076
8076

1200
1200
1200

1200
1200
1200

12,000.00

12,000.00

13,500.00

13,500.00

PHILHEALTH
EE
ER
1350
1350
1350
1350
1350
1350
1350
1350
1350
1350

13,500.00

1350
1350
1350
1350
1350
1350
1350
1350
1350
1350

13,500.00

39,240.00

80,760.00

SSS

PAG-IBIG

EE

ER

EE

ER

4142.4
4142.4
4142.4
4142.4
4142.4
4142.4
4142.4
4142.4
4142.4
4142.4

8517.6
8517.6
8517.6
8517.6
8517.6
8517.6
8517.6
8517.6
8517.6
8517.6

1200
1200
1200
1200
1200
1200
1200
1200
1200
1200

1200
1200
1200
1200
1200
1200
1200
1200
1200
1200

12,000.00

12,000.00

41,424.00

85,176.00

TOTAL
EE
6,105.60
6,105.60
6,105.60
6,105.60
6,105.60
6,105.60
6,105.60
6,105.60
6,105.60
6,105.60
61,056.00

ER
10,034.40
10,034.40
10,034.40
10,034.40
10,034.40
10,034.40
10,034.40
10,034.40
10,034.40
10,034.40
100,344.00

TOTAL
EE
6,324.00
6,324.00
6,324.00
6,324.00
6,324.00
6,324.00
6,324.00
6,324.00
6,324.00
6,324.00
63,240.00

ER
10,476.00
10,476.00
10,476.00
10,476.00
10,476.00
10,476.00
10,476.00
10,476.00
10,476.00
10,476.00
104,760.00

TOTAL
EE
6,474.00
6,474.00
6,474.00
6,474.00
6,474.00
6,474.00
6,474.00
6,474.00

ER
10,626.00
10,626.00
10,626.00
10,626.00
10,626.00
10,626.00
10,626.00
10,626.00

340.5

6,474.00
6,474.00
64,740.00

10,626.00
10,626.00
106,260.00

TOTAL
EE
6,474.00
6,474.00
6,474.00
6,474.00
6,474.00
6,474.00
6,474.00
6,474.00
6,474.00
6,474.00
64,740.00

ER
10,626.00
10,626.00
10,626.00
10,626.00
10,626.00
10,626.00
10,626.00
10,626.00
10,626.00
10,626.00
106,260.00

TOTAL
EE
6,692.40
6,692.40
6,692.40
6,692.40
6,692.40
6,692.40
6,692.40
6,692.40
6,692.40
6,692.40
66,924.00

ER
11,067.60
11,067.60
11,067.60
11,067.60
11,067.60
11,067.60
11,067.60
11,067.60
11,067.60
11,067.60
110,676.00

Positions
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

Monthly Salary
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
88,530.00

Positions
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

Monthly Salary
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
89,680.89

Monthly Contribution
EE
ER
Total
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
1,000.00
1,000.00
1,000.00
Monthly Contribution
EE
ER
Total
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
1,000.00
1,000.00
2,000.00

Monthly Salary
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
90,846.74

Monthly Contribution
EE
ER
Total
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
1,125.00
1,125.00
2,250.00

Positions
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

Positions
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

Positions
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

Monthly Salary
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
92,027.75

Monthly Contribution
EE
ER
Total
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
1,125.00
1,125.00
2,250.00

Monthly Salary
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
93,224.11

Monthly Contribution
EE
ER
Total
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
112.50
112.50
225.00
1,125.00
1,125.00
2,250.00

Annual Premium Contribution

1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
6,000.00
Annual Premium Contribution
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
12,000.00

Annual Premium Contribution

1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
13,500.00

Annual Premium Contribution

1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
13,500.00

Annual Premium Contribution

1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
13,500.00

Positions
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

Positions
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

Positions
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

Monthly Salary
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
88,530.00

Monthly Contribution
EE
ER
Total
308.80
636.20
945.00
308.80
636.20
945.00
308.80
636.20
945.00
308.80
636.20
945.00
308.80
636.20
945.00
308.80
636.20
945.00
308.80
636.20
945.00
308.80
636.20
945.00
308.80
636.20
945.00
308.80
636.20
945.00
3,088.00
6,362.00
9,450.00

Monthly Salary
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09
89,680.89

Monthly Contribution
EE
ER
Total
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
3,270.00
6,730.00
10,000.00

Monthly Salary
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
90,846.74

Monthly Contribution
EE
ER
Total
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
3,270.00
6,730.00
10,000.00

Positions
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

Positions
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

Monthly Salary
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
92,027.75

Monthly Contribution
EE
ER
Total
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
327.00
673.00
1,000.00
3,270.00
6,730.00
10,000.00

Monthly Salary
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
9,322.41
93,224.11

Monthly Contribution
EE
ER
Total
345.20
709.80
1,055.00
345.20
709.80
1,055.00
345.20
709.80
1,055.00
345.20
709.80
1,055.00
345.20
709.80
1,055.00
345.20
709.80
1,055.00
345.20
709.80
1,055.00
345.20
709.80
1,055.00
345.20
709.80
1,055.00
345.20
709.80
1,055.00
3,452.00
7,098.00
10,550.00

Annual SSS & EC Contribution

7,634.40
7,634.40
7,634.40
7,634.40
7,634.40
7,634.40
7,634.40
7,634.40
7,634.40
7,634.40
76,344.00

Annual Premium Contribution

8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
80,760.00

Annual Premium Contribution

8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
80,760.00

916,128.00

Annual Premium Contribution

8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
8,076.00
80,760.00

Annual Premium Contribution

8,517.60
8,517.60
8,517.60
8,517.60
8,517.60
8,517.60
8,517.60
8,517.60
8,517.60
8,517.60
85,176.00

Positions
Monthly Salary
Receptionist
20,000.00
Assistant Staff 1
16,000.00
Assistant Staff 1
18,500.00
Assistant Staff 2
18,500.00
Cook
20,500.00
Server
17,500.00
Server
17,500.00
TOTAL
128,500.00

Monthly Contribution
EE
ER
Total
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
700.00
700.00 1,400.00

Positions
Monthly Salary
Receptionist
20,280.00
Assistant Staff 1
16,224.00
Assistant Staff 1
18,759.00
Assistant Staff 2
18,759.00
Cook
20,787.00
Server
17,745.00
Server
17,745.00
TOTAL
130,299.00

Monthly Contribution
EE
ER
Total
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
700.00
700.00 1,400.00

Positions
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

Positions
Receptionist
Receptionist
Receptionist
Receptionist
Crew

Monthly Salary
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
8,853.00
88,530.00

Monthly Contribution
EE
ER
Total
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
100.00
###
200.00
1,000.00 1,000.00 2,000.00

Monthly Salary
8,968.09
8,968.09
8,968.09
8,968.09
8,968.09

Monthly Contribution
EE
ER
Total
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00

Crew
Crew
Crew
Cook
Server
TOTAL

Positions
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

Positions
Receptionist
Receptionist
Receptionist
Receptionist
Crew
Crew
Crew
Crew
Cook
Server
TOTAL

Positions
Receptionist
Receptionist
Receptionist
Receptionist

8,968.09
8,968.09
8,968.09
8,968.09
89,680.89
170,393.69

100.00
100.00
100.00
100.00
100.00
1,000.00

100.00
100.00
100.00
100.00
100.00
1,000.00

200.00
200.00
200.00
200.00
200.00
2,000.00

Monthly Salary
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
9,084.67
90,846.74
90,846.74
254,370.88

Monthly Contribution
EE
ER
Total
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
1,000.00 1,000.00 2,000.00

Monthly Salary
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
9,202.77
92,027.75
92,027.75
92,027.75
340,502.67

Monthly Contribution
EE
ER
Total
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
1,000.00 1,000.00 2,000.00

Monthly Salary
9,322.41
9,322.41
9,322.41
9,322.41

Monthly Contribution
EE
ER
Total
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00
100.00
100.00
200.00

Crew
Crew
Crew
Crew
Cook
Server
TOTAL

9,322.41
9,322.41
93,224.11
93,224.11
93,224.11
93,224.11
428,830.91

100.00
100.00
100.00
100.00
100.00
100.00
1,000.00

100.00
100.00
100.00
100.00
100.00
100.00
1,000.00

200.00
200.00
200.00
200.00
200.00
200.00
2,000.00

Annual SSS & EC Contribution

1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
8,400.00

Annual SSS & EC Contribution

1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
8,400.00

Annual SSS & EC Contribution

1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
12,000.00

Annual Premium Contribution

1,200.00
1,200.00
1,200.00
1,200.00
1,200.00

1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
12,000.00

Annual Premium Contribution

1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
12,000.00

Annual Premium Contribution

1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
12,000.00

Annual Premium Contribution

1,200.00
1,200.00
1,200.00
1,200.00

1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
1,200.00
12,000.00

SERVICE COST
Lease
Machine
Space
Utility
Electricity
Water
Landline/Internet
Repairs & Maintenance
Salaries
TOTAL
SERVICE COST
Lease (720.00/sq. m)
Machine
Space
Utility
Electricity
Water
Landline/Internet
Total
Repairs & Maintenance
Total

YEAR 1
164,618.67
249,375.00

ESTIMATED MONTHLY SERVICE COST

YEAR 2
YEAR 3
YEAR 4

33,000.00
1,200.00
1,300.00
30,000.00
1,001,304.00
1,480,797.67

164,618.67
252,616.88
33,429.00
1,215.60
1,316.90
30,390.00
1,012,930.68
1,496,517.73

164,618.67
255,900.89

164,618.67
259,227.61

33,863.58
1,231.40
1,334.02
30,785.07
1,025,420.90
1,513,154.53

34,303.80
1,247.41
1,351.36
31,185.28
1,046,066.99
1,538,001.12

YEAR 1

ESTIMATED ANNUAL SERVICE COST

YEAR 2
YEAR 3
YEAR 4

1,975,424.04
2,992,500.00

1,975,424.04
3,031,402.50

1,975,424.04
3,070,810.73

1,975,424.04
3,110,731.27

396,000.00
14,400.00
15,600.00
426,000.00
360,000.00
6,179,924.04

401,148.00
14,587.20
15,802.80
431,538.00
364,680.00
6,234,582.54

406,362.92
14,776.83
16,008.24
437,147.99
369,420.84
6,289,951.60

411,645.64
14,968.93
16,216.34
442,830.92
374,223.31
6,346,040.46

COST
YEAR 5
164,618.67
262,597.56
34,749.75
1,263.63
1,368.93
31,590.68
1,051,765.32
1,547,954.55

COST
YEAR 5
1,975,424.04
3,151,170.78
416,997.04
15,163.53
16,427.16
448,587.72
379,088.21
6,402,858.47