Project Title: Acquisition & Upgrading of Rice White Polisher

of R. Zamoras Rice Mill

Name of the Firm:
R. Zamora Rice Mill
Contact Person:
Mr. Raul Zamora
Position:
Manager/Owner
Address:
Namnama, Titay, Zamboanga Sibugay
I-Overview of the Firm:
The firm has its own lowland rice field and milled them in their
own Rice Miller.
To increase the volume to be milled and for trading purposes, the
firm engaged also on buying field weight rice and dried it with the
use of their own drier of either its solar pavement and or
mechanical drier.
Some other assets and income involved directly or indirectly were
not included in the shown income statement and its balance
sheet 2014 which is hereto attached. The financial aspect shown
is mainly for the Rice Mill of the firm.
II- Financial aspect of the firm:
The firm has started on the year 2003 with an initial assets of
approximately P200,000.00 and that includes the building.
When the firm has reached to its 11th year of operation and that
was year 2014, the firm has an estimated assets of
P1,848,479.50. (See Balance Sheet as of December 31, 2014).
The information being disclosed by this paper are Balance Sheet
as of December 31, 2014; Rice Mill Statement of Cash
Flows and Rice Mill Income Statement involved on financial of
Rice Mill only on its capacity to mill.
Activities and the bases of financial aspect existing in the firm are
attached by indexes. Such as the following:
Index 1-Rice Mill feasibility study gives information about the
activities and assumptions of the project which were been
gathered from the reliable sources.


Project Cost: Php 700,000.00
Objective/s:
To ensure the Whitish White Polished Rice.
To compete with other traders on trading the whitish white
polished rice locally and abroad.
Target accomplishment of the project is 90 calendar days that involve
machinery procurement and installation.
II-Company Profile :
*The industry falls under commercial category that is on milling and
trading.
*The name of the firm is R. Zamora Rice Mill.
*The firm was established 12 years ago as an ordinary miller and
engage under single proprietorship.
*The firm bears under business permit number ___________________
issued last ____________, 2014.

*The total asset of the firm is approximately

P
1,848,479.50 . (See Balance Sheet as of December 31, 2014).
*The firm is engage in milling palay (rice). Engaging also on buying
wet field harvested rice and drying it with the use of both solar
pavement and mechanical drier.
*Some other activities and assets involved directly and or indirectly to
the firm such as cargo trucks, mechanical drier, drying pavement and
some others were not included.
*Working capital of this project proposal is 1,848,479.50 as shown in
R. Zamora Rice Mills Balance Sheet as of December 31, 2014.
*Business Activities:
Milling rice from the firms proceeds of farm.
Milling rice from the customers farm for their consumption and for
selling their farm proceeds in terms of milled rice by retail or traders in
the locality.
Milling rice from the firms purchased rice as Buy & Sell and trade it
to some provinces of Mindanao.
II-Management / Administrative Aspect .
* See attached page for organizational structure.
*Employment
*The owner/proprietor stand as the manager/supervisor of the firm with
2 permanent workers which stand as the miller operator and the other
one is the operators helper. Part time workers were sometimes hired
when needed especially during harvest season. The number of days
per week depends on the supply and demand of the product.
*The workers are compensated in a part-time rate under RTWB code.
III- Technical Aspect:
*The firm is situated along the national highway somewhere in
Barangay Namnama, Titay, Zamboanga Sibugay with an area of 1/8
hectare more or less.
* Products will be transported from nearby farms via barangay roads to
the site which is more or less 3 km to the market place and that is
Poblacion, Titay, Zamboanga Sibugay.
*The firm has its own water source and power supply is from
Zamboanga Sur Electric Cooperative
*Skilled laborers will be hired within the locality.