Light Longan Asian Fruit Seat No.5 Sect 1

Acknowledgement
This project would not have been possible without the guidance and the help of
several individuals who in one way or another contributed and extended their valuable
assistance in the preparation and completion of this project.
First and foremost, my utmost gratitude to Mr.Chaiyawat Thongintr, professor of the
Mae Fah Luang University whose sincerity and encouragement we will never forget.
Mr.Chaiyawat has been our inspiration as we hurdle all the obstacles in the completion this
project.
-Mr.Mongkon Muenapai the owner of Piyamongkon KB Asian Fruit. Who had kind
concern and consideration regarding to give our project requirements the suggestion.
Last but not the least, Business administration colleagues and our team, for kind and
their patience to work in this project and encourage us in completion this project
Mr. Khidtapol
Puston
Miss Theerain
Nittaya
Mr. Theppakorn
Saison
Mr. Yuttana
Fouwong
Mr. Kittin
Luangwanna
Miss Chompunoot Pongsopa

Miss Piyanoot
Muenapai
Miss Yupaporn
Praiwan
Table of contents
Topic
Page
Chapter 1 Introduction
1.1 Background and significance of the project
1.2 Project objective
1.3 Benefit of project
1.4 Activities/Time Frame
Chapter 2 Industry Profile
2.1 Nature of industry
2.2 Situation of Industry
2.3 Product and Service
12
2.4 Vision
13
2.5 Mission
13
2.6 Strategy
13
- 2.6.1 Corporate Level
13
- 2.6.2 Business Strategy
13
- 2.6.3 Functional Strategy
14
Chapter 3 Marketing Feasibility Study
15
3.1 Marketing Analysis
16
- 3.1.1 General Environment Analysis
16
- 3.1.2 Competition Analysis (3Cs) Analysis
20
Topic
Page
- 3.1.3 Target Analysis
24
- 3.1.4 Position Analysis
25
3.2 Marketing Mix Strategy
26
- 3.2.1 Product strategy
26
- 3.2.2 Price strategy
27
- 3.2.3 Place strategy
28
- 3.2.4 Promotion Strategy
28
3.3 Sale Forecast /Profit Estimation
29
3.4 Marketing Expenses (sale incentive)
31
3.5 Conclusion in market feasibility
34
Chapter 4 Investment
37
4.1 Cost of investment
38
- 4.1.1 Pre-Operating cost
38
4.2 Equipment and tool
41
- 4.2.1 Machine/tool/equipment
41
4.3 Depreciation
53
- 4.3.1 Depreciation of Pre-Operating cost
53
- 4.3.2 Depreciation of equipment/tools
55
Chapter 5 Operations
61
5.1 Raw material
62
- 5.1.1 Product Characteristics
62
- 5.1.2 Cost of raw material (fresh longan)
63
Topic
Page
- 5.1.3 Packaging
64
- 5.1.4 Firewood
65
- 5.1.5 Total raw material
65
5.2 Direct Labor
66
- 5.2.1 Male Staff
66
- 5.2.2 Female Staff
66
- 5.2.3 Wages of male staff and female staff
67
5.3 Overhead
67
- 5.3.1 Water Expense
67
- 5.3.2 Electricity
67
- 5.3.3 Equipment/Tools
68
- 5.3.4 Total overhead
68
5.4 Service Process
69
5.5 Facility Management
71
Chapter 6 Organization /Administration
73
6.1 Management Analysis
74
- 6.1.1 Organization Management
74
6.2 Organization Chart
74
6.3 Administration Cost
77
- 6.3.1 Employee Salary
77
- 6.3.2 Stationary Expense
77
- 6.3.3 Electric Expense
80
Topic
Page
- 6.3.4 Water Expense
80
- 6.3.5 Internet expense/month
82
- 6.3.6 Telephone expense/month
82
- 6.3.7 Billboard tax
82
6.4 Explanation Administration Cost
83
85
6.6 Technical Feasibility Conclusion
87
Chapter 7 Financial Analysis
88
7.1 Income Statement
89
7.2 Statement of Cash Flow
94
7.3 Balance Sheet
99
7.4 Conclusion
104
Chapter 8 Risk Management
105
8.1 Risk analysis
106
- 8.1.1 External Forces
106
- 8.1.2 Internal Forces
107
8.2 Return On Investment (ROI), Net Present Value (NPV) and Payback Period
109
8.3 Conclusion of Risk Management
110
Chapter 9 Conclusion
111
9.1 Conclusion
112
Appendixes
115
-Appendix Financial Risk
116
Topic
Page
Reference
194
Chapter 1
INTRODUCTION
1.1Background and Significance of the project

Longan was listed in the Sapindaceae plant type. Its has many scientific names;
Euphoria longana, Nephelium longana Camb, and Dimocarpus longan Lour. (Parnin,2000).
There is someone said that longan is the native fruit of southern China, it was assumed that
the origin of longan is in southern China because the Chinese have grown the longan for
thousand years ago, most grown in Guangdong, Fukien, Guangxi, Taiwan, and Sichuan the
centered is in Fukien. They have grown longan with lychee together. In Thailand, Assumed
that longan was from southern China because around the forests in Chiang mai and Chiang
rai there are native longan with have small longan and it was called normal longan until 1896,
there is Chinese bring the 5 longan plants to give to Royal Princess Dara Rassamee in the
reign of King Rama V. Then, she gave it to her brother (Kum Tun Prince) at Chiang Mai to
plant it in Ban Sop Mae Kha or Ban Nam Tong, Sop Mae Kha subdistrict, Hang Dong
District, Chiang Mai province near the Ping River for 3 plants and 2 was planted in Bangkok
around Trok Chan. And to indentify the longan plants in Sop Mae Kha there were grown by
seed because their trees are big and tell. And guess that, in that period have not the
knowledge of graft yet and the variety of longan is Green eccentric ( Parvin Manochai,
Longan, Fruit Crops major, Faculty of Agriculture, Mae Jo University, Page4, first published
in January 2000)
Longan is the one major economic fruit of Thailand in 2008, Thailand have longan
fields around 966,831 Rai, Gain Yields about 476,930 tons (Fundamentals of Agriculture
Economic, Agriculture Information Center, Office of Agricculture Economic, Page 41). Have
main major grow area in northern are Chiang mai, Lamphun, Chiang rai, Lamphang, Phayao,
Phrae, Nan and Tak. (Source: office of extension and agricultural development district no/6
Chiang mai, http://www.ndoae.doae.go.th/longan2011/lamyai2011_index.htm).
In this project, we focused on longan which is a kind of Thai fruits. That is the 1 in 4
of Product Champion that government actively supported and promoted even production
process till export. Thai exported the longan both of freeze and processed longan product ex.
canned longan and dried longan for further processing it helps to added the value to longan
and also help to sustain the longan price in terms of excess supply and price decreased.
Finally, now processed longan is the export products that have a good trend to extend,
especially dried longan are in need of market in many countries. This is the reason why we
want to do the project feasibility to find the opportunity for doing this business.
1.2Project Objectives
- To study about dried longan for further processing for export
- To study about quantity of longan yields that use for further processing and purchase
of product as well
- To study about the problems in the current situation in terms of further processing
and export
- To study the conditions of export trade of the dried longan both in the pass and the
future trend
- To study about the investments, benefits and feasibility to invest in dried longan
- To analyze market in the business and financial risk feasibility
- To learn the technical and management process in dried longan business
-To summary of the feasibility of dried longan business
1.3 Benefit of project

- To get to know about the process of dried longan for further processing for export
trade and also the problems and the suggestions
- To get to know the cost of investment and compensation of benefits that get from
dried longan
- To get to know about the financial benefits or profits of the process of dried longan
for further processing
- To know the feasibility of dried longan business in Lamphun province.
- Knowing the current situation and how to run dried longan business in the future
- We can apply all knowledge of business management for using in this project
- We can identify the opportunity to do a project which based on reality information
1.4 Activities/Time Frame

Table 1: Time frame November 2011 to February 2012
November
Operations Methods
dried longan business in

Lamphun.
2. To study marketing
analysis in dried longan
business.
3. To study the technical
process in dried longan
business.
4. To study the financial
feasibility of dried longan
business.
5. To study and analysis
risk of dried longan
business in Lamphun.
6. Making advertising to
promote the business.
7. Grand opening the
business.
8. To Summary the
feasibility of dried longan
business in Lamphun.
January
February
W W W W W W W W W W W W W W W W
1
1. To study the general of
December
Chapter 2
NATURE OF INDUSTRY
2.1 Nature of Industry

Dried longan flesh, commonly known commercially as golden dried longan flesh, is
processed agricultural product by which value is added to longan fruit. The official harvesting
season for longan runs from June to August and it is the leading fruit export crop of the
Thailand. Longan plays an important role in developing sustainable production systems in
Thailand and the country is the world's largest producer of longan, with earnings of US$57$61 million per year during the 2005-2007 period of the overall production area, 95% of the
98,000 hectares are located in the north and the crop yield was approximately 433 thousand
tons of longan in 2008. Important cultivars are Edor, Haeo, Biewkhiew and Srichomphu.
Seventy percent of the total production was exported as fresh, dried and canned longan.
Thailand promote the quality and safety of dried longan flesh in the local as well as
international market, for the purpose of consumer protection and for export promotion, the
Ministry of Agriculture and Cooperatives considers that it is appropriate to develop a
standard for dried longan flesh. This standard is developed based on the data obtained from
the study conducted by the National Bureau of Agricultural Commodity and Food Standards
in cooperation with Faculty of Agro-Industry of Chiang Mai University on the indicative
index which is used as quality criteria, classification and size designation of dried whole
longan fruit.
(Resource: http://www.acfs.go.th/standard/download/eng/Dried_longan_flesh.pdf)
(Resource:http://www.ajofai.info/Abstract/Exploring%20feasibility%20for%20production%2
0of%20longan%20fruit%20wine%20as%20a%20small%20scale%20enterprise%20in%20tha
iland.pdf)
2.2 Situation of Industry
China is the largest export market of Thai dried longan. They import of fresh longan
and dried longan. Because China get the benefit from Free Trade Agreement (FTA) ChinaASEAN. So they are exempt for import tax, but they still have to pay value added tax of 13%
compliance. The majority of imported fruits to China market are fresh fruits and dried longan.
The fresh fruit market in Guangzhou city. The dried longan with main markets is in town
looking loaf, Zhejiang province, Fuzhou city and Fujian province. For the path in the export
the product of Thai longan to China are mostly imported through Hong Kong to Shenzhen to
Guangzhou. Due to the customer in this channel is relatively easy, faster and reduce the cost.
After that, longan will be sent to the central market of fruit and then spread to the Jing Nan
and another city in China. The export of Thai longan to China has increased steadily.
Although China has the place to product the longan more than Thailand 4 times. They try to
produce the longan for reduce the production to offset imports from Thailand. But the
qualities of chaina longan are lower than Thailand. At the same time promoting off-season
longan production in China is only 5% and the off-season longan production in Thailand is
more than 30% of the total yield of longan each year. Found that Chinese consumers have
become popular in the dried from Thailand more than the dried longan in their country and
dried longan from Vietnam. Because the dried longan from Thailand have the quality of size
and color better than them.
Following the FTA (China-ASEAN).China has reduced the import of longan from
Vietnam and increase the import from Thailand. Before they join in FTA. China import the
fresh longan from Vietnam 65% and import from Thailand 35% and After they join in FTA
.China import the fresh longan from Vietnam 12.4% and imports from Thailand 87.6%.For
the dried longan .Before they join in FTA. China import the dried longan from Vietnam
16.1% and import from Thailand 29.9% and the rest is imported from Myanmar. After they
join in FTA .China import the dried longan from Vietnam 0.1% and imports from Thailand
95.1% the rest is imported from Burma.(source : Bank of Thailand,2553).
Longan is a product that has a low price because the quantities of product to the
market during the season have a lot. However, the implementation of the management plans
of the Ministry of Agriculture. Focused on the longan price is based on market mechanisms
to distribute products to market both domestically and abroad country. Including the develop
knowledge to farmers to grow off-season; it was found that the price of longan has a tendency
to increase constantly. In the same time the ministry of Agriculture also has a policy to
promote the processing to add value to longan, as well as other agricultural product. The data
from office of Agricultural Economics in nowadays shows that the price of fresh longan and
dried longan in 2553 would have increased when compared with last year. The longan grade
AA averages at 32.02 baht/kg, longan grade A average at 29.30 baht/kg and longan grade C
average at 28.37 baht/kg. The price of dried longan grade AA average at 65.06 baht/kg ,
longan grade A average at 46.00 baht/kg , longan grade B average 26.35 baht/kg and longan
grade C average at 12.45 baht/kg. For the area that produces the longan are decrease from
968,000 rai in 2552 to 954,000 rai in 2553(down 1.46 %).For the productivity decrease from
623,000 ton in 2552 to 525,000 ton in 2553(down 15.70%) For the production per rai are
decreases from 643 kg/rai in 2552 to 550kg/rai in 2553 (down 14.46%). The price of dried
longan grade AA is 65.06 baht/kg. The reason why the area for produce the product and the
product per area decrease because the price of longan in last year has low price. So farmers
take care longan less than before. For the export situation in Thailand. Thailand is the largest
exporter of longan in the world. The major export markets such as China, Indonesia and
Hong Kong. In 2553 the export of fresh longan and other product of longan were exported
295,000 tons (5,632 million Baht). The situation of domestic consumption in 2553 showed
that longan consumption in the Thailand is decrease from
50,000-55,000 tons in 2552 to
45,000-50,000 tons in this year because the productivity is decrease so the retail price is
increase. However, government still support and promote the longan in many way to increase
the consumption of longan.
(Source: naewna newspaperhttp://www.chiangmainews.co.th/page/?p=53753 )
Lamphun has been supported by the cooperative Longan

The cooperative in Lamphun
1. This cooperation sends product to consumers.
Cooperative Lamphun signed with Thailand Post shipping product to consumers all of
Thailand
Mr. Vitit wanvijit Chairman of Cooperation have been selected by Lamphun
cooperation to collect of fresh longan flower quality grade AA and A from members and cooperative network of 70 tons. The cooperation sold to Thailand Post Company Limited a
Box/5 kilogram. The cooperation will guarantee quality product and return product if it
wastes within 7 days. In 2554 the Office of Cooperative Lampoon improves coordination of
marketing channels for farmers to participate. To consumer get product everywhere. Business
cooperation between the institutions of agricultural producers in Lamphun with the Thailand
Post Co., has signed a joint agreement on August 8, 2554. Thailand Post has the potential to
transport product, including establishing a network of manufacturers and suppliers of quality
produce in Lamphun. For more information, phone 1545 or post offices all of Thailand.
(Resource:http://khonmuangli.northernchildradio.com/home/index.php?option=com_content
&view=article&id=15:longan&catid=4:news)
2. Lampung Provincial cooperative office

- Committee of Agriculture check management system the marketing of agricultural produce
Prato pea limited.
Mr. Opart kanbos Deputy Minister of Cooperative Promotion Department Welcome to
the uncertainties of the Senate Agriculture Committee to study the management of
agricultural produce markets Prato pea Limited on 23 December 2554 at the Cooperative
Prato pea limited.
Mrs. Sumita apichai Cooperative Lampoon announced that the Senate Committee and
Agriculture session management system. Marketing of agricultural produce in 2554 that
limited Prato pea Lamphun Longan that sell in November 154 181 tons Cooperative Office
Lampoon and Cooperative Promotion Department operates under the management of the
main fruits of the farmers in the year 2554 for the purpose are follow :
1. To building and Increase the competitiveness of business.
2. To promotion and support of farmers are a manufacturer and distributor of fruit
quality.
3. To support low-interest financing to cooperatives. For use as working capital for the
collection and distribution of fruit.
4. To help coordinate and improve marketing channels for farmers with a network of
cooperation such as the domestic trade, exports and modern retail stores.
Pratopea cooperation is Institute of Agriculture has a role to assist growers and
agricultural produce do business collects and distributes produce for the market.
(Resource:http://webhost.cpd.go.th/lamphun1/actvt1.html)
10
The competitor
The
competitor
in
Lamphun
include
with
RK
Food
Corporation,
PhisithIndustrialCo.,Ltd and Hitec bio(Thailand) Co.,Ltd. are produce the dried longan in
lamphun province by using gas and stream.
(Resource: http://www.phisith.net/index.htm)
(Resource: http://www.rkfood.net/th/main.html)
(Resource: http://thaitechno.net/dip/home.php?uid=37233)
Food and fruit fair festival in Lamphun province, covering the shop with Lanna style
product. The event was to increase trade volume. And strengthening their ability to compete
of manufacturer OTOP, SMEs, the export health services and tourism service. For encourage
entrance to market and channel expansion. and the World of Food Asia , International Trade
Fair covering Food & Beverage, Food Catering, Food Technology, Hospitality Service and
Retail & Franchise. World of Food Asia held in Bangkok, Thailand, is where global players
of food and beverage meet. It is the leading trade platform for the food and beverage industry
in South East Asia. Based on the world's largest food and beverage trade fair ANUGA in
Cologne, Germany, THAIFEX World of Food Asia is a one-stop shop for all in the
industry. From processing technology and ingredients to the end products, the trade fair
covers all areas of production.
(Resource: http://www.worldoffoodasia.com/)
(Resource:http://www.teeneelanna.com/moojoomhao/home/space.php?uid=303&do=blog&id
=1265)
11
Table : the volume export of fresh longan and the production of lingan in 2536-2553
Year
2536
2537
2538
2539
2540
2541
2542
2543
2544
2545
2546
2547
2548
2549
2550
2551
2552
2553
Frozen Fruits
Canned Fruits
Volume
Value
Volume
Value
21,310
398.1
28,392
338.4
32,629
756.5
10,105
374.0
31,721
882.1
10,555
415.2
61,052
1,286.4
16,131
609.3
81,633
2,119.9
15,974
753.1
2,800
169.4
4,861
272.6
44,747
1,191.8
8,822
468.9
102,927
2,160.6
11,715
476.3
102,903
1,975.0
8,969
367.0
114,403
1,986.8
11,507
412.7
82,732
1,718.3
13,543
495.7
116,042
2,191.5
11,321
403.3
133,046
2,167.5
12,632
442.2
119,138
2,120.6
11,279
402.9
160,391
2,451.5
13,484
477.0
168,632
2,630.2
26,130
588.2
220,046
3,507.3
45,776
727.5
72,338
1,173.6
7,080
161.2
*volume (Ton) and Value(Million)
Dried Longan
Volume
Value
879
96.0
3,335
248.2
3,655
195.5
26,850 1,046.1
38,075 2,142.9
946
85.5
6,770
436.7
55,904 2,414.9
26,838 1,310.0
29,917 1,326.1
59,157 2,511.6
71,563 1,534.2
94,088 2,277.9
78,363 1,604.8
112,752 2,017.4
91,567 1,832.6
144,154 2,589.6
12,469
239.1
Total
Volume
50,581
46,069
45,931
104,033
135,682
8,607
60,339
170,546
138,710
155,827
155,432
198,926
239,766
208,780
286,627
286,329
409,976
91,887
Value
832.5
1,378.7
1,492.8
2,941.8
5,015.9
527.5
2,097.4
5,051.8
3,652.0
3,725.6
4,725.6
4,129.0
4,887.6
4,128.3
4,945.9
5,051.0
6,824.4
1,573.9
(source :office of agriculture Economic.

http://www.ndoae.doae.go.th/Data_plant/longan2010.htm)
Table :Total fresh longan in Thailand
Procince/
year
North
Chiang Mai
Lamphun
Chiang Rai
Payao
Nan
Lampang
Tak
Phrae
East
Chanthaburi
other
Total fresh
longan in
Thailand
2541
32,800
14,000
12,600
2,600
900
800
700
600
600
420
420
551
33,771
2542
2543
2544
2545
2546
2547
2548
2549
2550
135,300
56,200
49,300
11,300
4,300
3,700
4,100
3,300
3,100
3,850
3,850
24,749
33,6500
126,500
123,900
32,700
134,00
11,300
10,200
9,400
9,100
10,400
10,400
70,421
174,400
65,200
62,700
18,600
7,400
6,700
4,800
4,200
4,800
5,900
5,900
69,800
389,500
172,100
133,700
36,500
15,400
14,800
7,700
5,100
4,200
13,100
13,100
26,900
326,100
136,700
126,200
26,200
13,500
10,500
5,100
4,300
3,600
17,000
17,000
26,200
540,000
202,200
215,300
57,000
24,800
17,600
10,100
7,300
5,500
21,200
21,200
36,100
653,300
220,200
269,800
74,300
41,400
20,500
10,300
10,500
6,300
19,800
19,800
39,100
405,200
140,900
155,200
50,300
27,400
13,200
7,000
7,500
3,700
23,000
23,000
43,700
438,500
160,900
158,800
53,600
25,700
16,100
9,800
9,300
4,300
20,600
20,600
40,600
163,899
417,321
250,100
429,500
349,300
597,300
712,200
471,900
499,700
*volume (Ton)
(Source: Information technology of Agricultural: Office of Agriculture Economics.)
12
2.3 Product and Service
Dried longan
-
Packaging 56.9 inches wide, 14.6 inches long
Total weights 2 Kg.
Each box total weight 10 kg of dried longan.
Package is brown color. Each box is the brand of the company.
Dried longan contained in packaging that is safe, hygienic and product quality can be
maintained well
13
2.4 Vision
To become the leading provider of the best dried longan in Asian.
2.5 Mission
Light Longan Asian Fruit provides the high technology of the machines and finally
cover with high standard of quality control, we focusing on Quality, Cleanness, and
Maximum Customer Satisfactions. We decided to use the steam to dry longan instead of
using gas. So our product have high quality, it's didn't have a contaminants, the dried longan
is cleaning and it isn't harmful to consume in order to meet our every customer expectation.
2.6 Strategy
2.6.1 Corporate Level
In this level, I use market penetration to increase market share of company because
I am a new factory and there a lot of competitors both direct and indirect. So, I want to
contract consumers directly. I will talk about it the marketing part.
2.6.2 Business Strategy

I focus on the differentiation of product and how to make it distinguish from other. I
mention about the quality of all the process that related with our products until the products
sold. The product differentiation can be done by using the unique of product quality. That
thing is very important to make me different from other and make the prices of product is
second factor too because consumer can see my intention through the value of product.
14
2.6.3 Functional Strategy

Marketing: This department takes a responsibility in promote and advertise our
products to public. It helps many people know our company better.
Production: We control company production and always think about new technology
formulas to make product and guarantee in high quality and competitive price for our
customers.
General Management: There is only one owner who controls everything in company and
makes all decisions of company. Our company has training the employee and to provide
knowledge and understanding to the process when produce the product.
Financial: Give and advice for future financial planning or face with loss problem and also
do balance sheet, profit loss, and income statement for report financial conditions of each
year and can check back. For the exchange rate we accept only Thai Baht currency for the
payment.
*our company do not has Human resource so general manager have to work in this position
by training the employee and to provide knowledge and understanding to the process when
produce the product.
15
Chapter 3
MARKETING FEASIBILITY STUDY
16
3.1 Marketing Analysis

3.1.1 General Environment Analysis
- Politic
Numerous government agencies support investors. Through the Board of Investment,
the government offers a range of tax incentives, support services and import duty exemptions
or reductions to an extensive list of promoted activities. Production and exportation of dry
longan is supported from the government well because longan is the significant economic
fruit of Thailand which earn many amount of revenue to the country. For the governments
policy, the government promotes producing longan out of season to the longan agriculturist
for exporting to the market whole year. The policy is purpose to producing longan whole
year, guarantee the price of longan, promoting to transform longan in the various products
and get benefit from FTA agreement of China-ASEAN to dispense from import duty.
Before FTA
After FTA
(Resource: http://www.business-in-asia.com/asia/thailand_fta.html)
(Resource: http://www.exim.go.th/en/about_exim/government.aspx)
-Economic
In each year, China needs rate 5.87 per year and the export price of longan is probably
higher to average rate 4.08 per year. For 2011, the amount export of longan and longan
product to consume dry longan up to 60,000 tons and trades dry longan from Thailand up to
40,000 tons in last 10 years ago (2002-2009) the amount export of dry longan is probably
higher to average still grow up because Chinese economy grew steadily in 2010, increase to
10.3% in past years, china overtook Japan to become the worlds second largest gross
17
domestic product (GDP) reached $ 6 million U.S. While U.S. GDP is 14.6 trillion dollars.
Regarded as Chinas economic leap over France, United Kingdom and Germany and the
main market still expand continuously. Over the remainder of 2011, KASIKORN
RESEARCH CENTER (K Research) forecasts that Thai exports to China will continue to be
promising thanks to stronger demand from the Chinese market. Among the key beneficiaries
would be raw materials, handmade products, design and packaging products, ready meals
(instant, ready-to-cook and ready-to-eat foods) etc. Nonetheless, Thailands trade deficit with
China may widen in 2011 over last year due to rising imports from the Baths appreciation
and bullish oil prices. The Japanese catastrophe may prompt Thai exporters relying largely on
imports from Japan, e.g., for parts and raw materials, to shift to China instead. The Thai
import value of raw materials, intermediate products and consumer goods from China may
see a surge this year, as a result.
(Resource: KASIKORN RESEARCH CENTER Co., Ltd.( http://www.thailandchina.com/getdoc/8396f973-f4ec-4e77-91dc-38dbc661c318/China%E2%80%99sConsumption-Policy--Spurring-Rural-Re-(13).aspx?lang=en-GB))
(Resource: http://www.thaicongenvancouver.org/Economic.htm)
(Resource: http://www.propertyshowrooms.com/thailand/property/investment/thailandinvestment-economic-factors.asp)
(Resource: http://www.boi.go.th/index.php?page=thailand_advantages)
-Social
In China, most population believes that longan has many benefits and also believes
that when you eat longan, it will bring the luck to you because longan is the eyes of dragon.
Longan is not just for eating but dry longan is the ingredient of Chinese herbal. Chinese
herbal is the luxury goods which is popular in Chinese people to use in many festivals such as
Chinese New Year, The moon festival. Moreover, Chinese herbal is also a good souvenir in
many festivals. The research in Thailand. Found in dried fruits and carcinogenic effects.
Reduces free radicals in leukocytes. In the future, may be used in conjunction with cancer
treatment because it has fewer side effects or none at all. Reducing the size of the drug or
chemotherapy is. It also confirms that the benefit of the seed compounds induced colon
cancer cells; recent studies have found that dried fruit can destroy the active ingredient. And
18
effective anti-oxidant. The inhibition process of creating a skin pigment melanin. Better than
the chemicals used in cosmetics today.
(Resource: http://factsanddetails.com/china.php?itemid=112&catid=4&subcatid=19)
(Resource: http://www.tandurust.com/diet/nutrition-longan-fruit-benefits.html)
(Resource: http://region3.prd.go.th/Longan/Benefits.php)
(Resource: http://ethnomed.org/clinical/nutrition/chinese_food_cultural_profile)
-Technology
Nowadays, technology is very significant for dry longan production because
producing dry longan must have high-tech equipment and factory to produce a product to be
good quality. Development technology of production affects to increase the product per unit
of area. Selling longan both inside and outside country is not enough for releasing product to
the market; it is the cause that makes the longan price reduces. Thus, transforming longan to
be dry longan is the one effective solution to solve this problem because dry longan can keep
for long shelf life to sell out of the season. And technology is very important factor to
communication with customers that help more quickly, reduce cost and comfortable. And
Technology can help in advertising. The customers know our products thoroughly and easily.
Nowadays, we can dry longan by using the steam and using gas it depend on the investor. But
the quality of the dried longan from the stream process will have better than the dried longan
that dried by using gas.
(Resource:http://www.phtnet.org/research/view-abstract.asp?research_id=wi463)
(Resource:http://www.ehow.com/list_6374441_communication-technology-advantages.html)
19
-Technology Equipment
longan gliders
dried longan gliders
Silo
Kiln
Boiler
Forklift
20
3.1.2 Competition Analysis (3C Analysis)

- Competitor Analysis
1. Phisith Industrial Co.,Ltd Northern Region Industrial Estate 84/1-2 M. 4 T. BanKlang A. MuangLamphun 51000 Thailand
(Resource: http://www.phisith.net/index.htm)
2. RK Food Corporation
No 260 Moo 8, A. Pa Sang, Lamphun 51120.
21
Tel: (+66) 53555016 or (+66) 53555226. Fax: (+66) 53555338.
No. 43 Moo 11, A. Lee, A. MuangLamphun 51110.Tel: (+66) 53 536 016.

Fax: (+66) 53 536 015
Shanghai Mingzheng IMP&EXP Trade co.,ltd.

Room 2711, New Town Center
No.83 Loushanguan Rd.
Shnaghai ChinaPostal Code: 200336
Fax: +86-21 62368898
(Resource: http://www.rkfood.net/th/main.html)
22
3. Hitecbio(Thailand) Co.,Ltd.
Address 1: 99/160-162 ChatuchakBangkok 10900 Thailand

Tel: 02-9543306, 02-5894886.
Fax: 02-5894887.
(Resource: http://thaitechno.net/dip/home.php?uid=37233)
23
Competitor Analysis (4P Analysis)

competitor
Product
Price
1.PhisithIndustrialCo.,Ltd
There are three product

categories: Golden Dried
Longan AAA, Black Red Dried
Longan (No Impurity), Black
Red Dried Longan (General
Grade) and have good quality.
The price of the product to

the market mechanism is
not very different from its
competitors.
The company has

distributors to sale; SHIN
ZHEING Co., Ltd is
distributors in China that
company doesnt have to
go to customers directly.
Does not have promoted

the product because of its
distributors to promote the
Chinese people.
2. RK Food Corporation
There are two types of goods

Golden Dried Longan , Longan
meat have quality and
certification standards from

competitors.
The company has shipped

to distributors in China,
with distribution to cities
such as Beijing, Shanghai,
Nanjing, Qingdao and
Nanjing Ou Yi Chang
ChangGuang Zhou City,
with its own direct selling
in China
Rk-Food has joined the

World of Food Asia 2009 at
the IMPACT, which allows
customers to know more
products.

competitors.
Most of the goods sold will

be sold in the country and
has own shop.
The company has joined in

food and fruit fair festival
so that people know and
Brand knows themselves
better.
GMP and ISO 9001:2000.
3. Hitecbio (Thailand)
Co.,Ltd.
Products made from natural

ingredients. Without any
harmful chemicals.
Cleaning products are safe and
sanitary certification of Good
Manufacture Practice and
Administration
Place
Promotion
24
Competitive Analysis
Thailand is the major supplier of longan to the world. In order to determine if Thailand is
able to maintain their status as market leader in the future and opportunities for Thai longan
to enter new markets a competitive analysis was performed. Competitive Features, other than
Thailand, there are 3 countries producing longan for commercial purposes: China, Vietnam,
and Taiwan. Out of the 3, only Vietnam is producing a large enough quantity to supply both
their domestic demand and export markets. Taiwan is producing less than 13,000 tons
combined and exporting less than 1% of their production.
-
Customer Analysis
China has a large population of approximately 1.3 billion people in China are also
commonly consumed longan Also as components of herbal medicine. The populations of
China have around a half of the world and rapid growth of the economy. So demands of the
consumers are higher as well. Because the economic growth fast of the population has
increased by a greater purchasing power, as well. Chinese consumption of longan imported
from Thailand, one of the best country reputed to produce longan in the world.
3.1.3 Target Analysis

Our company provided 1 target group there are China and Hong Kong. Because China
and Hong Kong are the same country. China and Hong Kong have a high demand of food.
With a population of more than 1330 million people and China's economic growth than10
percent per year, continuously in the last 20 years the Chinese have a lot more unusual
middle class has expanded rapidly, that make the height demand of consumption. Hong Kong
and China are important market for Thailand; by 70% of longan are export to Hong Kong and
China. That is very big market for our company. And Hong Kong and China mostly people
are Chinese that Chinese people believe longan is eyes of dragon, who has taken longan is
sacred to them. Thailands longan is popular in the Chinese market. Chinese consumers like
to eat longan as a snack food to be healthy and longan is also a traditional herbal medicine of
China.
25
3.1.4 Position Analysis

Position our company select good raw material to produce the product by select Edor
longan. Edor longan seed is popular among the international market because it is harden to be
delivered, full of meat, not too juicy Suitable for make dry longan. Manufacturing process
our companies are using high technology to drying with steam to bake its crackers with
special seed. There is a light fluffy texture and aromas of meat, fruits are naturally sweet. No
preservatives, no added color, no flavor or no other synthetic substance. By the good raw
material and good Manufacturing process it make the product has a highs quality. Our
products are quality products that are certified by the Food and Drug Administration and The
National Bureau of Agricultural Commodity and Food Standards (ACFS). And for this the
above reasons that it makes the placement of products in a good position and most customers
just want a good quality of product anyway.
Low prices
Dried longan in China

Dried longan Vietnam
Light longan Asian Fruit
Low Quality
Dried longan Taiwan.
High prices
High quality
26
3.2 Marketing Mix Strategy

Marketing mix is the basic tool for company in pursuing the customer to meet
company objectives. The company has to be carefully managed and controlled before
launching products. The important things that the company has to realize is about their target
group then try to develop the product to meet the customers needs.
The Marketing Mix Strategies are often referred to as the 4 Ps since the most
important element of marketing are concern with:
3.2.1 Product strategy
The main product of Light Longan Asian Fruits is dried longan which can satisfy
the customer in China. But furthermore, with the high potential in production by using high
technology of the machines and finally cover with high standard of quality control, the
company is preparing for the wants of the new coming customers and expanding the dried
longan markets in several countries by focusing on Quality, Cleanness, and Maximum
Customer Satisfactions. So Product Differentiation would be used as our strategy.
We decided to use the steam to dry longan instead of using gas because the quality of the
dried longan will be better than use gas and can reduce the cost of production. Moreover,
Light Longan Asian Fruits is the new choice for the customer who seeks to consume the
product that has high quality and good for health.
Branding Strategy
27
Light Longan Asian Fruits Brand

We set brand name in English. The brand name is Light Longan Asian Fruits. This
brand sound of light same as like word mean favorite. But we change the word like to light
for show we change the style to processing a dried longan. So Light Longan Asian Fruits is
mean the our company have the new idea to produce the product dried longan and we are
leading provider of the best dried longan in Asian Therefore, we create the logo for identify
to our brand name. Logo use orange, white, yellow and black color for presenting to power
and fairness of Light Longan Asian Fruits. This logo looks like the tree are plentifully to
show that you will get good quality from our production.
3.2.2 Price strategy

We use the cost - base strategy and compare the price with competitor. For the cost
base strategy we calculate the cost of material. And we setting moderate price comparing
with competitor. For the product of our the customer can get the value of product relative
with price or get price equal value because the product are more valuable for respond
customer need. Its makes the customer satisfactions in our product. The price of our product
has nearly with competitor but tend to a little bit higher than direct competitors because the
quality of product have higher cost than competitor so our company is the new way in side of
dried longan for the customer that make the customer satisfaction in the product and that have
reasonable price.
Table2: Price of dried longan
Grade
Price/kg
AA
70
50
30
15
(Source: Piyamongkon K.B. Asian fruit price of dried longan 2554)
28
3.2.3 Place strategy

Although the longan is grow in the North, East and other part of Thailand. The
location we do the operation would be Lamphun province because Lamphun is the province
that is the 2nd place in growing longan in Thailand while it is also located close to Chiang Mai
province where has the most longan gardens in Thailand, so our company can get the fresh
longan easily at the low price.
(Source: http://web.agri.cmu.ac.th/rdunit/Longana/history.htm)
(Source: http://www.oknation.net/blog/eec/2011/02/22/entry-3)
3.2.4 Promotion strategy

Light Longan Asian Fruit plan to join in food and fruit fair festival lamphun on
August, Lamphum province and join the World of Food Asia on May, which allows
customers to know more products. We have the distributor who has ability to distribute our
product to the customer thoroughly.
(Resource: http://www.worldoffoodasia.com/)
(Resource:http://www.teeneelanna.com/moojoomhao/home/space.php?uid=303&do=blog&id
=1265)
29
3.3 Sale Forecast/Profit Estimation

Sale Forecast Year 1
Year 1
1
2
3
4
Total
Product
Grade AA
Grade A
Grade B
Grade C
Price/MT
70,000
50,000
30,000
15,000
Jan
Feb
Mar
Apr
May
Jun
Jul
60
250
150
40
500
Aug
60
250
150
40
500
Sep
Oct
Nov
Dec
Sep
Oct
Nov
Dec
Sep
Oct
Nov
Dec
60
250
150
40
500

Year 2
1
2
3
4
Total
Product
Grade AA
Grade A
Grade B
Grade C
Price/MT
85,000
75,000
55,000
40,000
Jan
Feb
Mar
Apr
May
Jun
Jul
60
250
150
40
500
Aug
60
250
150
40
500
60
250
150
40
500

Year 3
1
2
3
4
Total
Product
Grade AA
Grade A
Grade B
Grade C
Price/MT
80,000
70,000
50,000
35,000
Jan
Feb
Mar
Apr
May
Jun
Jul
60
250
150
40
500
Aug
60
250
150
40
500
60
250
150
40
500
30

Year 4
1
2
3
4
Total
Product
Grade AA
Grade A
Grade B
Grade C
Price/MT
83,000
73,000
53,000
38,000
Jan
Feb
Mar
Apr
May
Jun
Jul
60
250
150
40
500
Aug
60
250
150
40
500
Sep
Oct
Nov
Dec
Sep
Oct
Nov
Dec
60
250
150
40
500

Year 5
1
2
3
4
Total
Product
Grade AA
Grade A
Grade B
Grade C
Price/MT
86,000
76,000
56,000
41,000
Jan
Feb
Mar
Apr
May
(Resource: Office of Agricultures and cooperative)

(Resource: http://w3c.moac.go.th/ewt_news.php?nid=4834&filename=index)
Jun
Jul
60
250
150
40
500
Aug
60
250
150
40
500
60
250
150
40
500
31
3.4 Marketing Expenses (Sale Incentive)
Marketing Expenses Year 1

Year 1
Selling Expense
Discount sale
Sale commission
Other selling expense
Total selling expense
Advertising expense
Advertising web(E-commerce)
Other
Total advertising expense
Total marketing expense
Jan
0.00
0.00
0.00
Feb
0.00
0.00
0.00
Mar
Apr
May
0.00
0.00
0.00
0.00
0.00
50,000.00
0.00 50,000.00
0.00 50,000.00
Jun
Jul
Aug
0.00
0.00
0.00
0.00
0.00
150,000.00
0.00 150,000.00
0.00 150,000.00
Sep
0.00
0.00
0.00
Oct
0.00
0.00
0.00
Nov
Dec
Total
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
200,000.00
0.00 200,000.00
0.00 200,000.00

Year 2
Selling Expense
Discount sale
Sale commission
Advertising expense
Other
Jan
0.00
0.00
0.00
Feb
0.00
0.00
0.00
Mar
Apr
May
0.00
0.00
0.00
0.00
0.00
50,000.00
0.00 50,000.00
0.00 50,000.00
Jun
Jul
Aug
0.00
0.00
0.00
0.00
0.00
150,000.00
0.00 150,000.00
0.00 150,000.00
Sep
0.00
0.00
0.00
Oct
0.00
0.00
0.00
Nov
Dec
Total
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
200,000.00
0.00 200,000.00
0.00 200,000.00
32

Year 3
Selling Expense
Discount sale
Sale commission
Advertising expense
Other
Jan
0.00
0.00
0.00
Feb
0.00
0.00
0.00
Mar
Apr
May
0.00
0.00
0.00
0.00
0.00
50,000.00
0.00 50,000.00
0.00 50,000.00
Jun
Jul
Aug
0.00
0.00
0.00
0.00
0.00
150,000.00
0.00 150,000.00
0.00 150,000.00
Sep
0.00
0.00
0.00
Oct
0.00
0.00
0.00
Nov
Dec
Total
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
200,000.00
0.00 200,000.00
0.00 200,000.00

Year 4
Selling Expense
Discount sale
Sale commission
Advertising expense
Other
Jan
0.00
0.00
0.00
Feb
0.00
0.00
0.00
Mar
Apr
May
Jun
Jul
Aug
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
50,000.00
0.00 50,000.00
0.00 50,000.00
0.00
0.00
0.00
150,000.00
0.00 150,000.00
0.00 150,000.00
Sep
0.00
0.00
0.00
Oct
0.00
0.00
0.00
Nov
Dec
Total
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
200,000.00
0.00 200,000.00
0.00 200,000.00
33

Year 5
Selling Expense
Discount sale
Sale commission
Advertising expense
Other
Jan
0.00
0.00
0.00
Feb
0.00
0.00
0.00
Mar
Apr
May
0.00
0.00
0.00
0.00
0.00
50,000.00
0.00 50,000.00
0.00 50,000.00
Jun
Jul
Aug
0.00
0.00
0.00
0.00
0.00
150,000.00
0.00 150,000.00
0.00 150,000.00
Sep
0.00
0.00
0.00
Oct
0.00
0.00
0.00
Nov
Dec
Total
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
200,000.00
0.00 200,000.00
0.00 200,000.00
34
3.5 Conclusion in market feasibility

Longan is the one major economic fruit of Thailand in 2008, Thailand have longan
fields around 966,831 Rai, Gain Yields about 476,930 tons ,Have main major grow area in
northern are Chiang mai, Lamphun, Chiang rai, Lamphang, Phayao, Phrae, Nan and Tak.
China is the largest export market of Thai dried longan. They import of fresh longan and
dried longan. Because China get the benefit from Free Trade Agreement (FTA) ChinaASEAN. Following the FTA (China-ASEAN).China has reduced the import of longan from
Vietnam and increase the import from Thailand. For the dried longan .Before they join in
FTA. China import the dried longan from Vietnam 16.1% and import from Thailand 29.9%
and the rest is imported from Myanmar. After they join in FTA .China import the dried
longan from Vietnam 0.1% and imports from Thailand 95.1% the rest is imported from
Burma.(source : Bank of Thailand,2553).
Light Longan Asian Fruit has directs competitor in Lamphun include with RK Food
Corporation, There are two types of goods Golden Dried Longan, and Longan meat have
quality and certification standards from GMP and ISO 9001:2000. The company has shipped
to distributors in China, with distribution to cities. They joined the World of Food Asia 2009
at the IMPACT, which allows customers to know more products. They are biggest competitor
because they have quality and certification standards from GMP and ISO 9001:2000.and thay
have the distribution in China already. We also has many indirect competitor such as Phisith
Industrial Co.,Ltd , RK Food Corporation and Hitec bio(Thailand) Co.,Ltd. We have to learn
competitor how they can survive in the market, we have to know their strange and weakness
and analyze to find the way to compete with them. For the first competitor is
PhisithIndustrialCo.,Ltd, There are three product categories: Golden Dried Longan AAA,
Black Red Dried Longan, Black Red Dried Longan and have good quality. The company has
distributors to sale in China, so this company doesnt have to go to customers directly. but the
using gas to dried longan, so the product has low quality than our company. Next one is The
last competitive is Hitecbio (Thailand) Co.,Ltd. , the products made from natural ingredients.
Without any harmful chemicals.Cleaning products are safe and sanitary certification of Good
Manufacture Practice and Administration. Most of the goods sold will be sold in the country
and has own shop.
35
Our products are quality products that are certified by the Food and Drug
Administration and The National Bureau of Agricultural Commodity and Food Standards
(ACFS). And for this the above reasons that it makes the placement of products in a good
position and most customers just want a good quality of product anyway. So we set the
positioning of our product in high quality and the price little bit high than the
competitor.
We use Marketing mix to apply with our business. the first, product we using high
We decided to use the steam to dry longan instead of using gas. Second, the pricing we
compare with competitor and we set the price high than competitor because of the quality of
our product better than competitor. Third, place we located in Lumphun province in order to
ease in finding the fresh longan. The last, we plan to join in food and fruit fair festival and
join the World of Food Asia, which allows customers to know more products. We have the
distributor who has ability to distribute our product to the customer thoroughly.
Sale for cash, from the table we can see that Lamphun can product fresh longan an
average of five year around 185,060 ton. And we can export dried longan an average of five
year around 87,861 ton. China import dried longan from Thailand 95.1% of total longan
import of China. So our company forecast to produce dried longan 1,500 ton/year. The article
from the Ministry of Agriculture has forecast that the price of longan will be increase because
the fresh longan in Thailand tend to decrease but the demand of international customer
especially in China are increase. For this reason, our company can produce the product dried
longan in same level in every year but can set the price to raise by produce the same level of
product.
And for the marketing expense, we plan to join in food and fruit fair festival and
join the World of Food Asia so we set the same expense in each year for promote the product
to the new customer. And for the end of the season, we have to pay for food and drink for our
distributor.
36
(Source:http://www.krobkruakao.com/%E0%B8%82%E0%B9%88%E0%B8%B2%E0%B8
%A7/21059/%E0%B8%9C%E0%B8%A5%E0%B8%9C%E0%B8%A5%E0%B8%B4%E0
%B8%95%E0%B8%A5%E0%B8%B3%E0%B9%84%E0%B8%A2%E0%B8%9B%E0%B8
%B5%E0%B8%99%E0%B8%B5%E0%B9%89%E0%B8%A5%E0%B8%94%E0%B8%A5
%E0%B8%87%E0%B8%88%E0%B8%B2%E0%B8%81%E0%B8%AA%E0%B8%A0%E0
%B8%B2%E0%B8%9E%E0%B8%AD%E0%B8%B2%E0%B8%81%E0%B8%B2%E0%B
8%A8%E0%B9%81%E0%B8%9B%E0%B8%A3%E0%B8%9B%E0%B8%A3%E0%B8%
A7%E0%B8%99.html)
(Source: http://www.oae.go.th/ewt_news.php?nid=8841&filename=news_market)
(Source: http://www.manager.co.th/Local/ViewNews.aspx?NewsID=9540000050148)
37
Chapter 4
INVESTMENT
38
4.1 Cost of investment

4.1.1 Pre-Operating cost
Pre Operation Cost
Landscape cost
2,000,000 Baht
Construction + drawing
10,000,000 Baht
Total
12,000,000 Baht
Pre Operation cost that our company has is landscape cost that our company purchase
land in 269 Moo.7 Namdib Pasang Lmphun 51120. The land that we purchase have 5 Rai
(1 Rai = 400,000 so 5 Rai = 2,000,000). We use Lampang Paisan Construction to drawing and
construction our company.
(Resource: Mr.Sombut Kuntapong the owner of the lands 269 Moo.7 Namdib Pasang
Lmphun 51120.)
(Resource: Lampang Paisan Construction in Tumbol Soptui Amphoe Mueang Lampang
Lampang 52100.)
Location
39
Facility Layout
40
Billboard of company
Billboard of Company order from Chalks Advertise in 202 Muang Lampang.Type

of billboard is aluminum. The size of billboard is 30,000 square centimeter (300 centimeter*
100 centimeter) and the background is white. The billboard shows the logo, name address of
our company. So the price is 20,000 include service.
Total Billboard is
20,000 Baht.
Registration
Juristic Person Registration
-
Company Limited Registration
Submit the names company is Light Longan Asian Fruit for determine not same as the
name reserved other company.
List of the document and information are used below:
1. Registration document request for the new establish enterprise (50 Baht)
2. A copy of an entrepreneur identification card
3. A copy of an entrepreneur address
4. Proxy letter (if there is)
5. Name and address of a proxy identification card
Total registration cost
2,000 Baht.
41
(Resource:http://www.pattanakit.net/index.php?lay=show&ac=article&Id=525887&Ntype=1
24)
(Resource:http://www.dbd.go.th/mainsite/index.php?id=101)
Objective
Establish Light Longan Asian Fruit manage and serve the high quality of product to
customers in Dried Longan business at 269 Moo.7 Namdib Pasang Lmphun 51120.
Pre-Operating cost
No.
1
2
3
4
Pre-Operating cost
Landscape cost
Construction + drawing
Billboard of company
Registration
Total
2,000,000
10,000,000
20,000
2,000
Total
12,022,000
4.2 Equipment and tool

4.2.1 Machine/tool/equipment
Office
Image
Description
iMac 21.5 inc
3.06 GHz Intel Core i3
1920 by 1080 resolution
4GB(two 2GB)memory
500GB hard drive
8x double layer SuperDrive
ATI Radeon HD 4670 with 256MB
Price 40,900 Baht
Resource: http://checkpricecomputer.com/imac21-5-inch-3-06ghz
42
Pinter CANON IP4870

Price 3,790 Baht
Resource: power buy
http://www.powerbuy.co.th
The L-series of melamine

Price 4,900 Baht
Resource: jarit ruirang
furniture http://www.thaiofficepro.com
Table
Price 2,400 Baht
Resource :
http://www.rockyfurniture.com/product-th789781-3905729%E0%B9%82%E0%B8%95%E0%B9%8A%E0
%B8%B0%E0%B8%84%E0%B8%AD%E0%B8
%A1+%E0%B8%9E%E0%B8%A3%E0%B8%B
4%E0%B9%89%E0%B8%99+%E0%B8%A3%
E0%B8%B8%E0%B9%88%E0%B8%99+CF+12
02.html#
Multi-purpose table
Price 3,500 Baht
Resource: Kasem Furniture Co., Ltd.
http://www.kssfurniture.com
43
Table Bar
Price 810 Baht
Resource: unicornfurniture co.,Ltd
www.unicornfurniture.com
Office chair
6months warranty
Price 890 Baht
Stored file
2 layer 20 channels
Price 2,400 Baht
3 seater leather chair

Price 3,000 Baht
44
3 seater sofa
Price 5,600 Baht
Dispenser water - hot water tank 2 in

1 model upside down
5 year warranty
Price 5,600 Baht
Resource: IT and Hone Shop
http://www.itandhome.com/.
The punch-alpha - Times ALPHA-TIME ALP2150A
1 year warranty
Price 7,500 Baht
Resource: jevanes
Office Supply Co.,Ltd. http://www.janivisoffice.c
om.
Panasonic Telephone KX-TS5OOMX
Price 590 Baht
Resource: Sepiboon
Electric http://www.sripiboon.com
Mitsubishi Air
Model MS-SGF18VC size 18,080
Price 25,800 Baht (includes installation)
Resource: yensabuy Electric Com5pany
http://www.airsecondhand.com
45
Circular basin
Price 410 Baht
Resource: SMC Materials Co., Ltd
http://www.191sale.com
WC 2-piece 6 L N-7530
Price 2,725Baht
Glass set 3
Price 160 Baht
TV LG 32" 32LD310
Price 11,900
Resouce: LCD TV THAILAND. All Rights
Reserved http://www.lcdtvthailand.com
Living room furniture

Living room aquarium set
Price 22,000 Baht
Resource: Pridefu shop
http://www.mirakar.com/detail_product.php?IDP
ro=5725
46
Office
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
List
iMac 21.5 inc
Pinter CANON IP4870
Multi-purpose table
Table Bar
Office chair
Stored file
3 seater sofa
Dispenser water
The punch-alpha - Times
Panasonic Telephone
Mitsubishi Air
Circular basin
Glass set 3 3 pieces
TV LG 32" 32LD310
Table
Total
No. of
Price
Product per Unit
Total
4
1
1
1
1
3
1
2
1
2
1
1
2
2
2
2
1
1
2
40,900
3,790
4,900
3,500
810
890
2,400
3,000
5,600
5,600
7,500
590
25,800
410
2,725
160
11,900
22,000
2,400
163,600
3,790
4,900
3,500
810
2,670
2,400
6,000
5,600
11,200
7,500
590
51,600
820
5,450
320
11,900
22,000
4,800
31
144,875
309,450
47
Factory
Image
Description
1. Dryer Room
Room quantity = 4.00 x 9.60 x 4.00 meter
Ready-made insulation made from special foam: density 1.25 pounds per cubic foot
Skin of steal CB is thick 0.45 millimeter
Density insulation is 75 millimeters and ankylosed by clip lock system
Door panel quantity = 1625 x 3355 x 75 millimeter 2 set per room and blanket aluminums
Flue quantity = 1570 x 370 millimeter 1 set per room
Air door quantity = 850 x 350 millimeter 1 set per room
Price 200,000 Baht
*Fire insurance
Remark: in case of source of fire occur at Dryer Room, Furnace, Hot-Water Boiler,
Heat Exchanger, Hot-Water Pumep, Motor insurance company will claim all damage.
48
2.Furnace
Use firewood or solid fuel
Hydrostatic Test Pressure in 7 bar
Induced draft fan : 7.5 kW 2 set
Pressure switch ; power down fan when water be over the limit
Safety Valve : 1.1/2 inch 1 set
Price 2,200,000 Baht
3. Hot-Water Boiler
Make temperature more 90 degree Celsius
Light alert when temperature be down or over the limit
Exhaust fan: 5 HP.
Safety Valve : 2 inch 2 set
Switch prevent from drying water when the water be down under the limit. It will order
water pump doing automatic
Price 2,700,000 Baht
4. Heat Exchanger
Heat Exchange quantity = 1.25 x 2.80 x 0.145 meter
water piping made from copper
Heat Sink made from Aluminum : 12 Heat Sink per inch
It can exchange heat more 120 kW per room
Price 80,000 Baht
5. Hot-Water Pumep
use alternating current 380 vole
use electric current 410 watt
controlled Switch on-off and automatic pump by thermostat
Price 17,500 Baht
6. Piping And Insulation
Use steal black pipe API # 40
the speed of water in the piping dont exceed 1.5 meters / second
wrapped up by fiberglass
49
Overlay by Jacket Aluminum # 24

Price 1,500Baht
7. Motor
use alternating current 380 vole 50 Hz
Motor can bearable heat more 90 degree Celsius and Frame Motor can bearable heat more
150 degree Celsius
Motor : 7.5 kW; drive the air 22,000 cubic foot per second
Price 16,000 Baht
8. Fan
bearable heat more 110 degree Celsius
Drive the air 1400 cubic meter In pressure 2 InchWC
Drive the air 1300 cubic meter In pressure 4 InchWC
Price 40,000 Baht
9. Temp Control
digital equipment
Substantive Control room
Switch control, heat water pump and light to show working
apparatus prevent motor from over the limit
Price 15,000 Baht
Resource: K.P. EXPERT ENGINEERING CO.,LTD http://www.kpexpert.co.th
Silo
Price 40,000 Baht
Resource: Piyamongkon K.B. Asian Fruits
longan gliders
- The machine can pick out a longan append
time just only 25 second, out of the problem
of unequity grade of longan. It's acceptable
machine around the world.
50
-There are 2 models: 1. the grading of fresh

longan 2. grading of dried longan
- The size of a machine 178 W 132 L high
182 cm.Weighing 322 Kg.
- can pick out the dried longan to 20,400 kg.
Per day and a sensitivity of 100% to 14,400
kg. Per day. For the fresh longan 40,000 kg.
per day. We can set the volume of slow or
fast of the machine as we need.
Price 50,000
Resource: Likhitchewan co.,LTD.
http://www.the-dryer.com
Toyota Tonero vorkheftruck
-The new Tonero also allows you to enhance
your truck in several areas. By selecting the
Tonero+ formula that suits the way your
business is run, you can specify additional
features to fulfil your specific business needs.
Price 400,000 Baht
Resource: boonlert forklift and park service
http://www.boonlertforklift.com
Handlift
Durable and proven ergonomic handle. Failproof, self-contained pump with a special
German sealing system. Superior pump
design for lifting heavy loads with minimum
effort
Price 9,900 Baht
Resource: boonlert forklift and park service
http://www.boonlertforklift.com
51
Truck scales
Price 250,000 Baht
Resource: Thaiscale Co.,Ltd.
http://www.thaiscale.co.th/
Spring scales 60 kg.

Price 970 Baht.
Resource: Jenebanjed co.,LTD.
http://www.jenbunjerd.com
Digital scales (Platform Scale) FG-150KAL

: AND
Price 15,500 Baht
Resource: PNP Scales and Instruments
Co., Ltd. http://www.pnpscale.com
52
Factory
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
List
Dryer Room
Furnace
Hot-Water Boiler
Heat Exchanger
Hot-Water Pumep
Piping And Insulation
Motor
Fan
Temp Control
Silo
longan gliders
Toyota Tonero
vorkheftruck
Handlift
Truck scales
Digital scales
Total
No. of Product
12
1
1
12
12
72
12
12
12
2
7
2
3
1
3
2
166
Price per Unit

200,000
2,300,000
2,700,000
80,000
17,500
1,500
16,000
40,000
15,000
40,000
50,000
400,000
Total
2,400,000
2,300,000
2,700,000
960,000
210,000
108,000
192,000
480,000
180,000
80,000
350,000
800,000
9,900
250,000
970
15,500
29,700
250,000
2,910
31,000
6,136,370 11,073,610
53
4.3 Depreciation
4.3.1 Depreciation of Pre-Operating cost
Year 1
No.
List
Unit of Price per Unit

Total
Year Depreciation
Product
1 Landscape cost
5
400,000.00 2,000,000.00 0
0.00
2 Construction
1
10,000,000.00 10,000,000.00 20
500000.00
3 Billboard
1
20,000.00
20,000.00 5
4000.00
Total Accumulated Depreciation year 1
Jan
0.00
41666.67
333.33
42000.00
Feb
Mar
Apr
0.00
0.00
0.00
41666.67 41666.67 41666.67
333.33
333.33
333.33
42000.00 42000.00 42000.00
May
0.00
41666.67
333.33
42000.00
Jun
Jul
Aug
Sep
Oct
0.00
0.00
0.00
0.00
0.00
41666.67 41666.67 41666.67 41666.67 41666.67
333.33
333.33
333.33
333.33
333.33
42000.00 42000.00 42000.00 42000.00 42000.00
Nov
Dec
0.00
0.00
41666.67 41666.67
333.33
333.33
42000.00 42000.00
Accumulated
Depreciation
0.00
500000.00
4000.00
504000.00
Year 2
No.
List
1 Landscape cost
2 Construction
3 Billboarg

Product
Total
5
400,000.00 2,000,000.00
1
10,000,000.00 10,000,000.00
1
20,000.00
20,000.00
Year Depreciation
0
20
5
0.00
500000.00
4000.00
Jan
0.00
41666.67
333.33
42000.00
Feb
Mar
Apr
0.00
0.00
0.00
41666.67 41666.67 41666.67
333.33
333.33
333.33
42000.00 42000.00 42000.00
May
0.00
41666.67
333.33
42000.00
Jun
Jul
Aug
Sep
Oct
0.00
0.00
0.00
0.00
0.00
41666.67 41666.67 41666.67 41666.67 41666.67
333.33
333.33
333.33
333.33
333.33
42000.00 42000.00 42000.00 42000.00 42000.00
Nov
Dec
0.00
0.00
41666.67 41666.67
333.33
333.33
42000.00 42000.00
Accumulated
Depreciation
0.00
1000000.00
8000.00
1008000.00
Year3
No.
List
1 Landscape cost
2 Construction
3 Billboard

Product
Total
5
400,000.00 2,000,000.00
1
10,000,000.00 10,000,000.00
1
20,000.00
20,000.00
Year Depreciation
0
20
5
0.00
500000.00
4000.00
Jan
0.00
41666.67
333.33
42000.00
Feb
Mar
Apr
0.00
0.00
0.00
41666.67 41666.67 41666.67
333.33
333.33
333.33
42000.00 42000.00 42000.00
May
0.00
41666.67
333.33
42000.00
Jun
Jul
Aug
Sep
Oct
0.00
0.00
0.00
0.00
0.00
41666.67 41666.67 41666.67 41666.67 41666.67
333.33
333.33
333.33
333.33
333.33
42000.00 42000.00 42000.00 42000.00 42000.00
Nov
Dec
0.00
0.00
41666.67 41666.67
333.33
333.33
42000.00 42000.00
Accumulated
Depreciation
0.00
1500000.00
12000.00
1512000.00
54
Year 4
No.
List
1 Landscape cost
2 Construction
3 Billboard

Product
Total
5
400,000.00 2,000,000.00
1
10,000,000.00 10,000,000.00
1
20,000.00
20,000.00
Year Depreciation
0
20
5
0.00
500000.00
4000.00
Jan
0.00
41666.67
333.33
42000.00
Feb
Mar
Apr
0.00
0.00
0.00
41666.67 41666.67 41666.67
333.33
333.33
333.33
42000.00 42000.00 42000.00
May
0.00
41666.67
333.33
42000.00
Jun
Jul
Aug
Sep
Oct
0.00
0.00
0.00
0.00
0.00
41666.67 41666.67 41666.67 41666.67 41666.67
333.33
333.33
333.33
333.33
333.33
42000.00 42000.00 42000.00 42000.00 42000.00
Nov
Dec
0.00
0.00
41666.67 41666.67
333.33
333.33
42000.00 42000.00
Accumulated
Depreciation
0.00
2000000.00
16000.00
2016000.00
Year 5
No.
List
1 Landscape cost
2 Construction
3 Billboard

Product
Total
5
400,000.00 2,000,000.00
1
10,000,000.00 10,000,000.00
1
20,000.00
20,000.00
Year Depreciation
0
20
5
0.00
500000.00
4000.00
Jan
0.00
41666.67
333.33
42000.00
Feb
Mar
Apr
0.00
0.00
0.00
41666.67 41666.67 41666.67
333.33
333.33
333.33
42000.00 42000.00 42000.00
May
0.00
41666.67
333.33
42000.00
Jun
Jul
Aug
Sep
Oct
0.00
0.00
0.00
0.00
0.00
41666.67 41666.67 41666.67 41666.67 41666.67
333.33
333.33
333.33
333.33
333.33
42000.00 42000.00 42000.00 42000.00 42000.00
Nov
Dec
0.00
0.00
41666.67 41666.67
333.33
333.33
42000.00 42000.00
Accumulated
Depreciation
0.00
2500000.00
20000.00
2520000.00
55
4.3.2 Depreciation of equipment/tools (Office)

Year 1
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
List
Unit of Price per

Product
Unit
Total
iMac 21.5 inc

4
40,900.00 163,600.00
Printer CANON IP4870
1
3,790.00
3,790.00
1
4,900.00
4,900.00
Multi-purpose table
1
3,500.00
3,500.00
Table Bar
1
810.00
810.00
Office chair
3
890.00
2,670.00
Stored file
1
2,400.00
2,400.00
2
3,000.00
6,000.00
3 seater sofa
1
5,600.00
5,600.00
Dispenser water
2
5,600.00 11,200.00
1
7,500.00
7,500.00
Panasonic Telephone
1
590.00
590.00
Mitsubishi Air
2
25,800.00 51,600.00
Circular basin
2
410.00
820.00
2
2,725.00
5,450.00
2
160.00
320.00
TV LG 32" 32LD310
1
11,900.00 11,900.00
1
22,000.00 22,000.00
Table
2
2,400.00
4,800.00
Year Depreciation
5
5
10
10
10
10
5
5
5
5
5
10
10
10
10
5
10
10
5
32720.00
758.00
490.00
350.00
81.00
267.00
480.00
1200.00
1120.00
2240.00
1500.00
59.00
5160.00
82.00
545.00
64.00
1190.00
2200.00
960.00
Jan
Feb
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Mar
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Apr
May
Jun
Jul
Aug
Sep
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Oct
Nov
Dec
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Oct
Nov
Dec
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Accumulated
Depreciation
32720.00
758.00
490.00
350.00
81.00
267.00
480.00
1200.00
1120.00
2240.00
1500.00
59.00
5160.00
82.00
545.00
64.00
1190.00
2200.00
960.00
51466.00
Year 2
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
List
Unit of Price per

Product
Unit
Total
iMac 21.5 inc

4
40,900.00 163,600.00
Pinter CANON IP4870
1
3,790.00
3,790.00
1
4,900.00
4,900.00
Multi-purpose table
1
3,500.00
3,500.00
Table Bar
1
810.00
810.00
Office chair
3
890.00
2,670.00
Stored file
1
2,400.00
2,400.00
2
3,000.00
6,000.00
3 seater sofa
1
5,600.00
5,600.00
Dispenser water
2
5,600.00 11,200.00
1
7,500.00
7,500.00
Panasonic Telephone
1
590.00
590.00
Mitsubishi Air
2
25,800.00 51,600.00
Circular basin
2
410.00
820.00
2
2,725.00
5,450.00
2
160.00
320.00
TV LG 32" 32LD310
1
11,900.00 11,900.00
1
22,000.00 22,000.00
Table
2
2,400.00
4,800.00
Year Depreciation
5
5
10
10
10
10
5
5
5
5
5
10
10
10
10
5
10
10
5
32720.00
758.00
490.00
350.00
81.00
267.00
480.00
1200.00
1120.00
2240.00
1500.00
59.00
5160.00
82.00
545.00
64.00
1190.00
2200.00
960.00
Jan
Feb
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Mar
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Apr
May
Jun
Jul
Aug
Sep
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Accumulated
Depreciation
65440.00
1516.00
980.00
700.00
162.00
534.00
960.00
2400.00
2240.00
4480.00
3000.00
118.00
10320.00
164.00
1090.00
128.00
2380.00
4400.00
1920.00
102932.00
56
Year 3
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
List
Unit of Price per

Product
Unit
Total
iMac 21.5 inc

4
40,900.00 163,600.00
Pinter CANON IP4870
1
3,790.00
3,790.00
1
4,900.00
4,900.00
Multi-purpose table
1
3,500.00
3,500.00
Table Bar
1
810.00
810.00
Office chair
3
890.00
2,670.00
Stored file
1
2,400.00
2,400.00
2
3,000.00
6,000.00
3 seater sofa
1
5,600.00
5,600.00
Dispenser water
2
5,600.00 11,200.00
1
7,500.00
7,500.00
Panasonic Telephone
1
590.00
590.00
Mitsubishi Air
2
25,800.00 51,600.00
Circular basin
2
410.00
820.00
2
2,725.00
5,450.00
2
160.00
320.00
TV LG 32" 32LD310
1
11,900.00 11,900.00
1
22,000.00 22,000.00
Table
2
2,400.00
4,800.00
Year Depreciation
5
5
10
10
10
10
5
5
5
5
5
10
10
10
10
5
10
10
5
32720.00
758.00
490.00
350.00
81.00
267.00
480.00
1200.00
1120.00
2240.00
1500.00
59.00
5160.00
82.00
545.00
64.00
1190.00
2200.00
960.00
Jan
Feb
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Jan
Feb
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Mar
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Apr
May
Jun
Jul
Aug
Sep
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Apr
May
Jun
Jul
Aug
Sep
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Oct
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Nov
Dec
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Nov
Dec
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Accumulated
Depreciation
98160.00
2274.00
1470.00
1050.00
243.00
801.00
1440.00
3600.00
3360.00
6720.00
4500.00
177.00
15480.00
246.00
1635.00
192.00
3570.00
6600.00
2880.00
154398.00
Year 4
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
List
Unit of Price per

Product
Unit
Total
iMac 21.5 inc

4
40,900.00 163,600.00
Pinter CANON IP4870
1
3,790.00
3,790.00
1
4,900.00
4,900.00
Multi-purpose table
1
3,500.00
3,500.00
Table Bar
1
810.00
810.00
Office chair
3
890.00
2,670.00
Stored file
1
2,400.00
2,400.00
2
3,000.00
6,000.00
3 seater sofa
1
5,600.00
5,600.00
Dispenser water
2
5,600.00 11,200.00
1
7,500.00
7,500.00
Panasonic Telephone
1
590.00
590.00
Mitsubishi Air
2
25,800.00 51,600.00
Circular basin
2
410.00
820.00
2
2,725.00
5,450.00
2
160.00
320.00
TV LG 32" 32LD310
1
11,900.00 11,900.00
1
22,000.00 22,000.00
Table
2
2,400.00
4,800.00
Year Depreciation
5
5
10
10
10
10
5
5
5
5
5
10
10
10
10
5
10
10
5
32720.00
758.00
490.00
350.00
81.00
267.00
480.00
1200.00
1120.00
2240.00
1500.00
59.00
5160.00
82.00
545.00
64.00
1190.00
2200.00
960.00
Mar
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Oct
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Accumulated
Depreciation
130880.00
3032.00
1960.00
1400.00
324.00
1068.00
1920.00
4800.00
4480.00
8960.00
6000.00
236.00
20640.00
328.00
2180.00
256.00
4760.00
8800.00
3840.00
205864.00
57
Year 5
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
List
Unit of Price per

Product
Unit
Total
iMac 21.5 inc

4
40,900.00 163,600.00
Pinter CANON IP4870
1
3,790.00
3,790.00
1
4,900.00
4,900.00
Multi-purpose table
1
3,500.00
3,500.00
Table Bar
1
810.00
810.00
Office chair
3
890.00
2,670.00
Stored file
1
2,400.00
2,400.00
2
3,000.00
6,000.00
3 seater sofa
1
5,600.00
5,600.00
Dispenser water
2
5,600.00 11,200.00
1
7,500.00
7,500.00
Panasonic Telephone
1
590.00
590.00
Mitsubishi Air
2
25,800.00 51,600.00
Circular basin
2
410.00
820.00
2
2,725.00
5,450.00
2
160.00
320.00
TV LG 32" 32LD310
1
11,900.00 11,900.00
1
22,000.00 22,000.00
Table
2
2,400.00
4,800.00
Year Depreciation
5
5
10
10
10
10
5
5
5
5
5
10
10
10
10
5
10
10
5
32720.00
758.00
490.00
350.00
81.00
267.00
480.00
1200.00
1120.00
2240.00
1500.00
59.00
5160.00
82.00
545.00
64.00
1190.00
2200.00
960.00
Jan
Feb
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Mar
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Apr
May
Jun
Jul
Aug
Sep
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Oct
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Nov
Dec
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
2726.67
63.17
40.83
29.17
6.75
22.25
40.00
100.00
93.33
186.67
125.00
4.92
430.00
6.83
45.42
5.33
99.17
183.33
80.00
4288.83
Accumulated
Depreciation
163600.00
3790.00
2450.00
1750.00
405.00
1335.00
2400.00
6000.00
5600.00
11200.00
7500.00
295.00
25800.00
410.00
2725.00
320.00
5950.00
11000.00
4800.00
257330.00
58
Factory
Year 1
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
List

Total
Year
Product
Dryer Room
12
200,000.00 2,400,000.00 5
Furnace
1
2,300,000.00 2,300,000.00 5
Hot-Water Boiler
1
2,700,000.00 2,700,000.00 5
Heat Exchanger
12
80,000.00
960,000.00 5
Hot-Water Pumep
12
17,500.00
210,000.00 5
72
1,500.00
108,000.00 5
Motor
12
16,000.00
192,000.00 5
Fan
12
40,000.00
480,000.00 5
Temp Control
12
15,000.00
180,000.00 5
Silo
2
40,000.00
80,000.00 5
longan gliders
7
50,000.00
350,000.00 5
2
400,000.00
800,000.00 5
Handlift
3
9,900.00
29,700.00 5
Truck scales
1
250,000.00
250,000.00 5
3
970.00
2,910.00 5
Digital scales
2
15,500.00
31,000.00 5
Depreciation
480000.00
460000.00
540000.00
192000.00
42000.00
21600.00
38400.00
96000.00
36000.00
16000.00
70000.00
160000.00
5940.00
50000.00
582.00
6200.00
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00
38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33
45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00
16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17
Accumulated
Depreciation
480000.00
460000.00
540000.00
192000.00
42000.00
21600.00
38400.00
96000.00
36000.00
16000.00
70000.00
160000.00
5940.00
50000.00
582.00
6200.00
2214722.00
Year 2
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
List

Total
Year
Product
Dryer Room
12
200,000.00 2,400,000.00
5
Furnace
1
2,300,000.00 2,300,000.00
5
Hot-Water Boiler
1
2,700,000.00 2,700,000.00
5
Heat Exchanger
12
80,000.00
960,000.00
5
Hot-Water Pumep
12
17,500.00
210,000.00
5
72
1,500.00
108,000.00
5
Motor
12
16,000.00
192,000.00
5
Fan
12
40,000.00
480,000.00
5
Temp Control
12
15,000.00
180,000.00
5
Silo
2
40,000.00
80,000.00
5
longan gliders
7
50,000.00
350,000.00
5
2
400,000.00
800,000.00
5
Handlift
3
9,900.00
29,700.00
5
Truck scales
1
250,000.00
250,000.00
5
3
970.00
2,910.00
5
Digital scales
2
15,500.00
31,000.00
5
Depreciation
480000.00
460000.00
540000.00
192000.00
42000.00
21600.00
38400.00
96000.00
36000.00
16000.00
70000.00
160000.00
5940.00
50000.00
582.00
6200.00
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00
38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33
45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00
16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17
Accumulated
Depreciation
960000.00
920000.00
1080000.00
384000.00
84000.00
43200.00
76800.00
192000.00
72000.00
32000.00
140000.00
320000.00
11880.00
100000.00
1164.00
12400.00
4429444.00
59
Year 3
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
List

Total
Year
Product
Dryer Room
12
200,000.00 2,400,000.00
5
Furnace
1
2,300,000.00 2,300,000.00
5
Hot-Water Boiler
1
2,700,000.00 2,700,000.00
5
Heat Exchanger
12
80,000.00
960,000.00
5
Hot-Water Pumep
12
17,500.00
210,000.00
5
72
1,500.00
108,000.00
5
Motor
12
16,000.00
192,000.00
5
Fan
12
40,000.00
480,000.00
5
Temp Control
12
15,000.00
180,000.00
5
Silo
2
40,000.00
80,000.00
5
longan gliders
7
50,000.00
350,000.00
5
2
400,000.00
800,000.00
5
Handlift
3
9,900.00
29,700.00
5
Truck scales
1
250,000.00
250,000.00
5
3
970.00
2,910.00
5
Digital scales
2
15,500.00
31,000.00
5
Depreciation
480000.00
460000.00
540000.00
192000.00
42000.00
21600.00
38400.00
96000.00
36000.00
16000.00
70000.00
160000.00
5940.00
50000.00
582.00
6200.00
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00
38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33
45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00
16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17
Accumulated
Depreciation
1440000.00
1380000.00
1620000.00
576000.00
126000.00
64800.00
115200.00
288000.00
108000.00
48000.00
210000.00
480000.00
17820.00
150000.00
1746.00
18600.00
6644166.00
Year 4
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
List

Total
Year
Product
Dryer Room
12
200,000.00 2,400,000.00
5
Furnace
1
2,300,000.00 2,300,000.00
5
Hot-Water Boiler
1
2,700,000.00 2,700,000.00
5
Heat Exchanger
12
80,000.00
960,000.00
5
Hot-Water Pumep
12
17,500.00
210,000.00
5
72
1,500.00
108,000.00
5
Motor
12
16,000.00
192,000.00
5
Fan
12
40,000.00
480,000.00
5
Temp Control
12
15,000.00
180,000.00
5
Silo
2
40,000.00
80,000.00
5
longan gliders
7
50,000.00
350,000.00
5
2
400,000.00
800,000.00
5
Handlift
3
9,900.00
29,700.00
5
Truck scales
1
250,000.00
250,000.00
5
3
970.00
2,910.00
5
Digital scales
2
15,500.00
31,000.00
5
Depreciation
480000.00
460000.00
540000.00
192000.00
42000.00
21600.00
38400.00
96000.00
36000.00
16000.00
70000.00
160000.00
5940.00
50000.00
582.00
6200.00
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00
38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33
45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00
16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17
Accumulated
Depreciation
1920000.00
1840000.00
2160000.00
768000.00
168000.00
86400.00
153600.00
384000.00
144000.00
64000.00
280000.00
640000.00
23760.00
200000.00
2328.00
24800.00
8858888.00
60
Year 5
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
List

Total
Year
Product
Dryer Room
12
200,000.00 2,400,000.00
5
Furnace
1
2,300,000.00 2,300,000.00
5
Hot-Water Boiler
1
2,700,000.00 2,700,000.00
5
Heat Exchanger
12
80,000.00
960,000.00
5
Hot-Water Pumep
12
17,500.00
210,000.00
5
72
1,500.00
108,000.00
5
Motor
12
16,000.00
192,000.00
5
Fan
12
40,000.00
480,000.00
5
Temp Control
12
15,000.00
180,000.00
5
Silo
2
40,000.00
80,000.00
5
longan gliders
7
50,000.00
350,000.00
5
2
400,000.00
800,000.00
5
Handlift
3
9,900.00
29,700.00
5
Truck scales
1
250,000.00
250,000.00
5
3
970.00
2,910.00
5
Digital scales
2
15,500.00
31,000.00
5
Depreciation
480000.00
460000.00
540000.00
192000.00
42000.00
21600.00
38400.00
96000.00
36000.00
16000.00
70000.00
160000.00
5940.00
50000.00
582.00
6200.00
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00 40000.00
38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33 38333.33
45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00 45000.00
16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00 16000.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
3500.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
1800.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
3200.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
8000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
3000.00
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
1333.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
5833.33
13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33 13333.33
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
495.00
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
4166.67
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
48.50
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
516.67
184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17 184560.17
Accumulated
Depreciation
2400000.00
2300000.00
2700000.00
960000.00
210000.00
108000.00
192000.00
480000.00
180000.00
80000.00
350000.00
800000.00
29700.00
250000.00
2910.00
31000.00
11073610.00
61
Chapter 5
OPERATIONS
62
5.1 Raw material

5.1.1 Product Characteristics
The company mainly to use the high potential in production by using high technology
of the machines and finally cover with high standard of quality control, the company is
preparing for the wants of the new coming customers and expanding the dried longan markets
in several countries by focusing on Quality, Cleanness, and Maximum Customer
Satisfactions. There are many ways to process the dried longan which may be harmful to the
environment. So the Light longan Asian Fruit decided to use the steam to dry longan instead
of using gas. So our product have high quality, it's didn't have a contaminants, the dried
longan is cleaning and it isn't harmful to consumer. The Characteristics of our dried longan
are the curst of dried longan is golden brown, the curst of dried longan is a sphere that not
have a dent or stain, the dried longan is dry and the crust isn't cracked, the test is sweet, the
smell of the fragrance of fruits and didn't have the contaminants.
Dried longans are divided into 4 grades.

1.
2.
3.
4.
Grand AA
Grand A
Grand B
Grand C
Longan has a diameter larger than is 25 mm.

Longan has a diameter is 22-24 mm.
Longan has a diameter less than 16-18 mm.
Crust of dried longan is a sphere, not a dent yellow skin, flesh of the fruit is dry and It's
the smell of fragrant fruits and other contaminants.
63
(Resource: Standard books in the household products industry of Lamphun Agricultural

Office.)
5.1.2 Cost of raw material (fresh longan)
Fresh longans are divided into 4 grades.

1.
2.
3.
4.
Grand AA
Grand A
Grand B
Grand C
Grade
AA
A
B
C
Total
Longan has a diameter larger than is 25 mm.

Longan has a diameter less than 16-18 mm.
Unit/Ton
180
750
450
120
1,500
Price/Baht
18
12
9
2
41
Total
3,240
9,000
4,050
240
16,530
We forecast to use fresh longan 1,500 ton to produce the dried longan in each year. We
produce the dried longan only three month per year.
64
5.1.3 Packaging
Packaging 56.9 inches wide, 14.6 inches long
Total weights 2 Kg.
Each box total weight 10 kg of dried longan.
Package is brown color. Each box is the brand of the company.
Dried longan contained in packaging that is safe, hygienic and product quality can be
maintained well
Our package we use the box because is easy to transfer to China, we forecast to use
150,000 per year. The cost of box is 22 baht per box. We will order the box 150,000 per year,
it will enough for our dried longan that will export to China.
(Resource: Piyamongkon KB. Asian Fruit)
Total cost of packaging 150,000*22
3,300,000 Baht
65
5.1.4 Firewood
The process of dried longan we use the firewood in the stream process. Firewood can
help our company save the cost of electricity. We will purchase the firewood from the
gardener. We purchase the firewood in 1 K.G. = 1 baht. We forecast to use firewood 750,000
K.G.
(Resource: Piyamongkon KB. Asian Fruit)
Total cost of firewood 750,000*1
750,000 Baht.
5.1.5 Total raw material
No.
List
1 fresh longan
Grade AA
Grade A
Grade B
Grade C
2 Packaging
3 Firewood
Total
Unit of
product
180
750
450
120
150,000
750,000
901500
Price per
unit
18
12
9
2
22
1
64
Total
3240
9000
4050
240
3300000
750000
4066530
66
5.2 Direct Labor

5.2.1 Male Staff 20 Positions
Job description:
- Study of all processing in dried longan
- Control of all machines
Qualifications:
Male
Age between 20-40 years old
Obey the manager
To be on time
Diligent
Myanmese labors who already have the license of Alien Worker Permit to
work in Thailand legally.
Can communicate in Thai.
5.2.2 Female Staff 30 Positions

Job description:
- Study of all processing in dried longan
- Control of all machines
Qualifications:
Female
Obey the manager
To be on time
Diligent
Myanmese labors who already have the license of Alien Worker Permit to
work in Thailand legally.
Can communicate in Thai.
67
5.2.3 Wages of male staff and female staff

Staff
person
wages/days
Total
1. Male Staff
20
236
4720
2. Female Staff
30
236
7080
Total
50
236
11800
*Male staff and female staff was calculated base on the minimum rate 236 bath per
day. Make staff and female staff we use Myanmar labors, we only hire those who already
have the license of Alien Worker Permit to work in Thailand legally and work in three month
(June, July and August). The staff must training before work in the factory. The general
manager have to training them, we do not have training cost but we will pay the employee
same the wage that they come to work.
(Resource:http://www.anusornclub.com/page/%E0%B8%AD%E0%B8%B1%E0%B8%9
5%E0%B8%A3%E0%B8%B2%E0%B8%84%E0%B9%88%E0%B8%B2%E0%B8%88%E
0%B9%89%E0%B8%B2%E0%B8%87%E0%B8%82%E0%B8%B1%E0%B9%89%E0%B8
%99%E0%B8%95%E0%B9%88%E0%B8%B3++%E0%B9%80%E0%B8%A3%E0%B8%
B4%E0%B9%88%E0%B8%A1+1+%E0%B9%80%E0%B8%A1%E0%B8%A9%E0%B8%
B2%E0%B8%A2%E0%B8%99+2555+-1790.html)
5.3 Overhead
5.3.1 Water Expense
(June, July, August)
Forecast use the water 150 cu.m/month x 17.93 baht
General Service
Vat 7 %
Total water expense/month
2,689.5 baht
30 baht
188.265 baht
2,908 baht
5.3.2 Electricity
For electricity expense of factory
Remark: Used the power is 40,000*2.7815 units
General Service
Total electricity expense of factory
(Resource : http://www.pea.co.th/rates/Rate2011.pdf)
312.24 baht
111,573 baht
68
5.3.3 Equipment/Tools
Image
Description
iron-tray
Can put the the baskets of longan 6 basket.
Weight : 6x27kg=162 kg,Volume : 0.04 x6 =
0.24 m3,Price 2,000 Baht
Resource : Resource: Piyamongkon K.B.
Asian Fiurt
Baskets
The size of outside : 365 x 590 x 330 mm. =
0.0710655 m3
The size of inside :325 x 520 x 300 mm. =
0.0507 m3
Price 230 Baht
Resource : Resource: Piyamongkon K.B.
Asian Fiurt
Total equipment/tool
No.
1
2
List
Iron-tray
Baskets
total
No. of Product
864
100
Price per Unit
Total
2,000 1,728,000
230
23,000
964
2,230 1,751,000
5.3.4 Total overhead

No.
List
1 Total water expense/month
2 Total electricity expense of factory
3 Total equipment/tool
Total
Baht
2,908
111,573
1,751,000
1,865,481
69
5.4 Service Process
Raw Marital
Product
Payment
Processing
Take Out
Package
Finish Goods
1. Raw Marital
The procurement of raw material divides into three categories.

1.1 The purchase of fresh longan.
The price of fresh longan will set day by day. The price will be change every day. The
gardener will be delivered to the factory. The price depends on market price and quality of
the fresh longan. This approach made popular on the market and gardener to drain the fresh
longan. So the bargaining power is a factory.
70
1.2. The purchase direct from garden

The factory will purchase the fresh longan from the garden. The price will be based
on market prices. The trading is satisfied for both parties, such as our factory need the fresh
longan to produce the product and competitor need the fresh longan too. So the bargaining
power of the gardeners.
1.3 The purchase from factory to factory
This will get the fresh longan from other factory. This choice will use when the stock
shortage or other factory have the stock excess and want to leave out.
2. Product Processing
Purchase fresh longan inspection fresh longan

dried process inspection dried longan grade selection
packaging retention
3. Package
The packing process of dried longan will filling in a
white plastic that can prevent moisture and after that
packaging in brown box. One box can put 15 kg.
4.Finish Goods
After finish in packing process, the product will keep

in the inventory. We set the employee for control can check
the product every day. We have the security in the inventory
by put the cameras in many places.
71
5. Take Out
The shipping process, the customers have to shipping by
themselves.
6. Payment
The payment process the customer cans payment by use

FOB EX. The customer cans payment by cash or check. But the
customers have to pay before take the product. we accept only
Thai Baht currency for the payment.
5.5 Facility Management

1. Living room
We have living room for welcome customers to buy the
product. The living room we use simply furnished. Customers can
negotiates, payment and meeting in this room.
2. Drinking Service
Drinking service is the little thing that we do not need to be
served to the customer. Drinking service is the general courtesy to
guest. It will make customer feel good before starting a business
negotiation.
72
3. Television Service and Newspaper

We have television service for entertains customers.
4. Air conditioner
We have air conditioner to adjust the temperature in the room and
provide customer with greater comfort.
5. Computer Service
We have computer service facilities to provide customer to

contact or documents by the internet to our customers.
6. Toilet
We have toilet in side living room. We provide facilities for
customers who use the service. We have housekeeper cleaning two
times per day.
73
Chapter 6
ORGANIZATION AND ADMINISTRATION ANALYSIS
74
6.1 Management Analysis

6.1.1 Organization Management
Light Longan we work in company as family. We support a good relationship within
organization, so we try to have activities together among employees in each department in
company such as we provide common room for our employees to let them annual party and
we also provide social security insurance for our employees. Moreover we support employees
to concern about organization culture rule and responsibilities of role.
6.2 Organization Chart
Manager
1 Position
Accountant
1 Position
General
Manager
Male Staff
20 Positions
1 Position
Female Staff
30 Positions
Housekeeper
2 Positions
75
People in Organization
1. Manager 1 Position
In this company the owner acts as manager to control and manage everything within
organization. And I separate the job into 3 parts including: accounting, production, and the
last one is marketing.
Qualifications:
Male/Female
Bachelors degree of Business Administration
At least 5 years experience
Good command of English and Chinese
2. Accountant 1 Position
Job description:
- Account payable related to transaction process
- Preparation TAX forms, social security payment, keep record and clear all account
documents, monthly end closing and reporting
- Preparation for monthly financial statement
- Control cash and budget
Qualifications:
Female
Bachelors Degree in Accounting
At least 2 years experience in Accounting
Computer skill in Microsoft Office and accounting program
Precision and loyalty
76
3. General Manager 1 Position

Job description:
- Control and monitor the production process
- Training the employee and to provide knowledge and understanding to the process when
produce the product.
Qualifications:
male
Bachelors Degree in Human Resource Management and related field
At least 3 years experience
Good at courtesy
Eloquent and solve problem very rapidly
Good at consultant
4. Housekeeper 2 Positions
Job description:
- Supervises work activities of cleaning personnel to ensure clean
Qualifications:
Female
To be on time
Diligent
Responsibility
77

6.3.1 Employee Salary
- Wage rate for our organization
- Manager
1 person
35,000 baht/month.
- Accountant
1 person
20,000 baht/month.
- General Manager
1 person
30,000 baht/month.
- Housekeeper
2 person
14,160 baht/month.
Total salary expense/month
99,160 baht/month.
*housekeeper was calculated base on the minimum rate 236 bath per day. For the
manager, accountant, general manager and housekeeper have to work all year long.
(Resource:http://www.anusornclub.com/page/%E0%B8%AD%E0%B8%B1%E0%B8%95%
E0%B8%A3%E0%B8%B2%E0%B8%84%E0%B9%88%E0%B8%B2%E0%B8%88%E0%
B9%89%E0%B8%B2%E0%B8%87%E0%B8%82%E0%B8%B1%E0%B9%89%E0%B8%9
9%E0%B8%95%E0%B9%88%E0%B8%B3++%E0%B9%80%E0%B8%A3%E0%B8%B4
%E0%B9%88%E0%B8%A1+1+%E0%B9%80%E0%B8%A1%E0%B8%A9%E0%B8%B2
%E0%B8%A2%E0%B8%99+2555+-1790.html)
(Resource: http://www.jobbkk.com/th/job/job_detail.php?job_id=MzA2NTg0)
(Resource: http://www.gemini.com.hk/assets/doc/survey_thailand.pdf )
6.3.2 Stationary Expense

Image
Description
Bill paper print (no lines)

General Computer / 9 x11 2 layer
Price 545 Baht
Resource: somjai sai4 cooperate
http://www.somjaisai4.com
78
Horse Blue
Pen 50 Grip Line 0.5
Price 120 Baht
Horse TWIN-PEN Blue

Pen of chemistry 2mm.
Price 110 Baht
Stapler / No.10
Price 50 Baht
MAX / staples no.M8-1M

Price 95 Baht
Calculator
FUJITEL / FC-380
Show number 12 point
Price 350 Baht
Resource :http://www.somjaisai4.com
79
Document storage boxes

3 channels 1 box
Price 135 Baht
The clip (pack of 6 books) orange

width of 1 inch to 6 / pack
Price 120 Baht
Time stamp card NAKI.

100 Sheets
Price 100 Baht
Resource:
jevanes Office Supply Co.,Ltd. http://www.j
anivisoffice.com.
Stationary Expense
No.
1
2
3
4
5
6
7
8
9
List
Bill paper print (no lines)
Horse Blue
Horse TWIN-PEN Blue
Stapler / No.10
MAX / staples no.M8-1M
Calculator
Document storage boxes
The clip (pack of 6 books) orange
Time stamp card NAKI.
No. of Product
1
1
1
1
1
2
2
5
1
Price per Unit

545
120
110
50
95
350
135
120
100
Total
545
120
110
50
95
700
270
600
100
Total
15
1625
2,590
80
6.3.3 Electric Expense3984

For electricity expense of office
Remark: Used the power is 521.768*2.7815 units
Total electricity expense of office
1,452 baht
(Resource: http://www.pea.co.th/rates/Rate2011.pdf)
6.3.4 Water Expense

Forecast use the water 5 cu.m/month x 17.93 baht
General Service
Vat 7 %
Total water expense/month
89.65 baht
30 baht
6.2755 baht
126 baht
81
3.1 . () ( 2555)
1.1 1.2 2.1 2.2
(.. / )
1.
2.
50 / (4 ..)
150 / (11 ..)
10.20
102.00
102.00
12.31
123.10
123.10
0 - 10
10
11.91
119.10
221.10
15.11
151.10
274.20
11 - 20
10
14.30
143.00
364.10
16.31
163.10
437.30
21 - 30
10
16.34
326.80
690.90
17.41
348.20
785.50
31 - 50
20
17.37
521.10
1,212.00
17.75
532.50
1,318.00
51 - 80
30
17.81
356.20
1,568.20
17.84
356.80
1,674.80
81 - 100
20
17.93
3,586.00
5,260.80
101 - 300
200
18.02
12,614.00
17,874.80
301 -1,000
700
18.11
18,110.00
35,984.80
1001 - 2,000
1,000
18.21
18,210.00
54,194.80
2,001 - 3,000
1,000
18.30
> 3,000
1 100 ../ 2 ( 2555)
3. / /
300 / (19 ..)

13.55
16.55
19.55
22.55
24.55
24.80
25.05
25.30
25.05
24.80
24.55
(Resource: http: Provincial Waterworks Authority, 2012: Water rates by user No. 1 (Update 2012) Available at
http://www.pwa.co.th/service/tariff_rate.html (Accesses January 31, 2012)
135.50
165.50
195.50
451.00
736.50
496.00
5,010.00
17,710.00
25,050.00
24,800.00
135.50
301.00
496.50
947.50
1,684.00
2,180.00
7,190.00
24,900.00
49,950.00
74,750.00
82
6.3.5 Internet expense/month

Internet expense
590 Baht
Vat 7%
41.3 Baht
Total internet expense
632 Baht
6.3.6 Telephone expense/month

Telephone expense
500 Baht
Vat 7%
Total Telephone expense
35 Baht
535 Baht
*Remark: 1 baht/3 minutes in the local and the domestic long distance and
mobile phone following the rate of domestic long distance.
(Resource: http://www.3bb.co.th/promotion/6mb.php)
(Resource: TOT Public Company Limited, 2010: TOT Wi-Fi. (Update 2010) Available at
http://www.tot.co.th/index.php?option=com_linkcontent&categoryid=97&Itemid=135&lang
=th (Accessed January 1, 2011))
6.3.7 Billboard tax

For the billboard with all English front rate is 40 Baht/ 500 square centimeter. So the
tax is 30,000 / 500 60 * 40 = 2,400 Baht and pay at finance of Lamphun municipality 666
Lamphun Road Tambol Pasang Lamphun 51120.
Total Billboard tax is
2,400 Baht
(Resource:http://www.thaisakolgp.com/viewknowlage.php?noknowlage=2)
(Resource:http://www.nmt.or.th/lamphun/pasang/Lists/List39/AllItems.aspx)
83
6.4 Explanation Administration Cost

-Employee Salary
In the Light longan Asian fruit, the total employee salary has 55 persons. Its about
453,160 baht per month. It is a fixed cost that we will pay in every month. We set the rate
wage for manager is 35,000 baht, accountant is 20,000 baht and general manager is 30,000
baht. The male staff, women staff and housekeeper will get 236 baht per day. (Minimum
wage of Lamphun 2012)
-Stationary Expense
We dont have to purchase equipment in the office every month because some
stationary equipment less much of using such Bill paper print , Horse Blue, Stapler / No.10
etc. We will purchase stationary equipment every year.
-Electricity Expense
We separate the electricity expense two types; there are the electricity expense of
office and electricity expense of factory. Our electricity Expense use change follows the
season such as on the summer we have more electricity expense because we must open the air
conditioner more than other season. But the winter and rain open the air conditioner less than
summer but we will open the light more. Sometime we will close the air conditioner and light
for save the cost. For the electricity expense of factory we have to payment only three month
(June, July and August) because we choose to produce the dried longan only this three
month. For Office we still have to pay every month. Moreover, we forecast to use the
electricity of office in same level.
-Water Expense
The water expense of the production process. The estimate total water expense is
2,908 baht per month. This rate will pay in three month include June, July and August that
have production process, but without those month we forecast to pay 126 baht per month.
-Internet and telephone Expense
Our internet and telephone expense, we use the internet on Wi-Fi.
Year 1, it is a first year that we open the business. So, our total internet and telephone
expense are paying more because we must connect with the supplier for understand the order
the equipment, product, etc.
Year 2 to 5, we try to reduce the telephone expense by use the internet more than such
as when we purchase the product we will purchase on e-mail instead used the telephone. So
the total internet and telephone expense may be paying less than the first year because we
connected with supplier for business, it is easy to understand between both.
84
-Billboard tax
Because Light Longan Asian Fruit use Billboard to commerce so we have to pay for
tax as regulation. The billboard is rectangle and the size is 30,000 square centimeters from
the size of billboard is 30,000 square centimeters (300 * 100) include picture and English
front. Calculate the billboard tax. For the billboard with all English front rates are 40 Baht/
500 square centimeters. So the tax is 30,000 / 500 60 * 40 = 2,400 Baht and pay at finance
of Lamphun municipality 666 Lamphun Road Tambol Pasang Lamphun 51120.
Document for paying tax
1)
ID card
2)
Copy of census
3)
Register of value added tax
4)
Certificate of company
5)
Slip from plate shop
85

Year 1
No.
Description
1 Employee salary
2 Stationary expense
3 Electricity expense
4 Water expense
5 Internet expense
6 Telephone expense
7 Billboard Tax
Total administration year1
Jan
Feb
99,160
2,590
1,452
126
632
535
Mar
99,160
Apr
99,160
May
99,160
Jun
99,160
Jul
99,160
Aug
99,160
Sep
99,160
Oct
99,160
Nov
99,160
1,452
126
632
535
1,452
126
632
535
1,452
126
632
535
1,452
126
632
535
1,452
126
632
535
1,452
126
632
535
1,452
126
632
535
1,452
126
632
535
104,495
1,452
126
632
535
2,400
104,305
101,905
101,905
101,905
101,905
101,905
101,905
101,905
101,905
Jan
99,160
2,590
1,452
126
632
321
Feb
99,160
Mar
99,160
Apr
99,160
May
99,160
Jun
99,160
Jul
99,160
Aug
99,160
Sep
99,160
Oct
99,160
Nov
99,160
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
104,281
101,691
1,452
126
632
321
2,400
104,091
101,691
101,691
101,691
101,691
101,691
101,691
101,691
101,691
Jan
99,160
2,590
1,452
126
632
321
Feb
99,160
Mar
99,160
Apr
99,160
May
99,160
Jun
99,160
Jul
99,160
Aug
99,160
Sep
99,160
Oct
99,160
Nov
99,160
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
104,281
101,691
1,452
126
632
321
2,400
104,091
101,691
101,691
101,691
101,691
101,691
101,691
101,691
101,691
Dec
Total
99,160 1,090,760
2,590
1,452
15,972
126
1386
632
6,952
535
5,885
2,400
101,905 1,125,945
Year 2
No.
Description
1 Employee salary
4 Water expense
5 Internet expense
6 Telephone expense
7 Billboard Tax
Dec
Total
99,160 1,189,920
2,590
1,452
17,424
126
1512
632
7,584
321
3,852
2,400
101,691 1,225,282
Year 3
No.
Description
1 Employee salary
4 Water expense
5 Internet expense
6 Telephone expense
7 Billboard Tax
Dec
Total
99,160 1,189,920
2,590
1,452
17,424
126
1512
632
7,584
321
3,852
2,400
101,691 1,225,282
86
Year 4
No.
Description
1 Employee salary
4 Water expense
5 Internet expense
6 Telephone expense
7 Billboard Tax
Total administration year 4
Jan
99,160
2,590
1,452
126
632
321
Feb
99,160
Mar
99,160
Apr
99,160
May
99,160
Jun
99,160
Jul
99,160
Aug
99,160
Sep
99,160
Oct
99,160
Nov
99,160
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
104,281
101,691
1,452
126
632
321
2,400
104,091
101,691
101,691
101,691
101,691
101,691
101,691
101,691
101,691
Jan
99,160
2,590
1,452
126
632
321
Feb
99,160
Mar
99,160
Apr
99,160
May
99,160
Jun
99,160
Jul
99,160
Aug
99,160
Sep
99,160
Oct
99,160
Nov
99,160
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
1,452
126
632
321
104,281
101,691
1,452
126
632
321
2,400
104,091
101,691
101,691
101,691
101,691
101,691
101,691
101,691
101,691
Dec
Total
99,160 1,189,920
2,590
1,452
17,424
126
1512
632
7,584
321
3,852
2,400
101,691 1,225,282
Year 5
No.
Description
1 Employee salary
4 Water expense
5 Internet expense
6 Telephone expense
7 Billboard Tax
Total administration year 5
Dec
Total
99,160 1,189,920
2,590
1,452
17,424
126
1512
632
7,584
321
3,852
2,400
101,691 1,225,282
87
6.6 Technical Feasibility Conclusion

Light longan Asian Fruit using high technology of the machines and finally cover
with high standard of quality control, we focusing on Quality, Cleanness, and Maximum
Customer Satisfactions. We decided to use the steam to dry longan instead of using gas. So
our product have high quality, it's didn't have a contaminants, the dried longan is cleaning and
it isn't harmful to consumer. The Characteristics of our dried longan are the curst of dried
longan is golden brown, the curst of dried longan is a sphere that not have a dent or stain, the
dried longan is dry and the crust isn't cracked, the test is sweet, the smell of the fragrance of
fruits and didn't have the contaminants. Dried longans are divided into 4 grades. Are follow
Grand AA, Grand A ,
Grand B and Grand .Crust of dried longan is a sphere, not a dent
yellow skin, flesh of the fruit is dry and It's the smell of fragrant fruits and other
contaminants. Our company opens 8.00 AM. 5.00 PM. every day except Sunday.
Our location we do the operation would be Lamphun province because Lamphun is
the province that is the 2nd place in growing longan in Thailand while it is also located close
to Chiang Mai province where has the most longan gardens in Thailand, so our company can
get the fresh longan easily at the low price.
According to the facility layout, we have set the pattern as our positioning which
modern style to attract customer. We also provide service mind, and facility that will make
customer comfortable. We providing computer and internet for customer and created the
entertainment by having television for customer.
About cost of investment in part of decorate also low price because we focus on the
quality of the product more than the decoration in living room or office. So, it may lots of
investment cost, machine/equipment/tool, operation cost and administration cost. However,
we will borrow this amount for outside sector because we doesnt have the assets to
guarantee when borrow with the bank. Therefore, in this amount we will pay back to whom
giving us loan the money about 30% every year.
88
Chapter 7
FINANCIAL ANALYSIS
89
7.1 Income Statement
Light Longan Asian Fruits

Statement Income
For the year ending December, 31 2012
Jan
Feb
Mar
Apr
May
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
total cost of goods sold
Gross income
Expense
General and Administrative cost
Wage
electricity expense of factory
water expense of factory
Marketing expense
Depreciation of office
Depreciation of factory
Depreciation of operating cost
Total operating expense
EBIT
Tax 30%
Net income [Loss] for the year
4,288.83
184,560.17
42,000.00
230,849.00
104,495.00
104,305.00
101,905.00
4,288.83
184,560.17
42,000.00
335,154.00
4,288.83
184,560.17
42,000.00
332,754.00
4,288.83
184,560.17
42,000.00
335,344.00
-
230,849.00 - 335,344.00 -
1,027,370.60 1,027,370.60
- 1,258,219.60 - 1,362,714.60 -
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
22,400,000.00
22,400,000.00
22,400,000.00
67,200,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
15,540,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
15,540,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
15,540,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
46,620,000.00
101,905.00
354,000.00
111,573.00
2,908.00
101,905.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
801,235.00
4,288.83
184,560.17
42,000.00
813,035.00
101,905.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
963,035.00
101,905.00
4,288.83
184,560.17
42,000.00
332,754.00
1,125,945.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,525,176.00
14,726,965.00 14,576,965.00 -
332,754.00 -
332,754.00 - 332,754.00 - 332,754.00
1,027,370.60 1,027,370.60 1,027,370.60 1,027,370.60 1,027,370.60 1,027,370.60
13,699,594.40 13,549,594.40 - 1,360,124.60 - 1,360,124.60 - 1,360,124.60 - 1,360,124.60
41,094,824.00
12,328,447.20
28,766,376.80
101,905.00
50,000.00
4,288.83
184,560.17
42,000.00
382,754.00
335,154.00 -
332,754.00 -
382,754.00 14,738,765.00
1,027,370.60 1,027,370.60 1,027,370.60 1,027,370.60
1,362,524.60 - 1,360,124.60 - 1,410,124.60 13,711,394.40
101,905.00
101,905.00
101,905.00
4,288.83
184,560.17
42,000.00
332,754.00
4,288.83
184,560.17
42,000.00
332,754.00
4,288.83
184,560.17
42,000.00
332,754.00
90

Statement Income
Jan
Feb
Mar
Apr
May
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
Other operating expense
EBIT
Tax 30%
104,281.00
101,691.00
104,091.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
-
335,130.00 - 332,540.00 -
1,849,887.18 1,849,887.18
- 2,185,017.18 - 2,182,427.18 -
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
33,400,000.00
33,400,000.00
33,400,000.00
100,200,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
26,540,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
26,540,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
26,540,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
79,620,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
25,727,179.00 25,577,179.00 -
332,540.00 -
332,540.00 - 332,540.00 - 332,540.00
1,849,887.18 1,849,887.18 1,849,887.18 1,849,887.18 1,849,887.18 1,849,887.18
23,877,291.83 23,727,291.83 - 2,182,427.18 - 2,182,427.18 - 2,182,427.18 - 2,182,427.18
73,995,487.00
22,198,646.10
51,796,840.90
101,691.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
334,940.00 -
332,540.00 -
382,540.00 25,738,979.00
1,849,887.18 1,849,887.18 1,849,887.18 1,849,887.18
2,184,827.18 - 2,182,427.18 - 2,232,427.18 23,889,091.83
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
91

Statement Income
Jan
Feb
Mar
Apr
May
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
General and Administrative
wage
EBIT
Tax 30%
104,281.00
4,288.83
184,560.17
42,000.00
335,130.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
104,091.00
4,288.83
184,560.17
42,000.00
334,940.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
31,200,000.00
31,200,000.00 31,200,000.00
93,600,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
24,340,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
24,340,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
24,340,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
73,020,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
23,527,179.00 23,377,179.00 -
332,540.00 -
332,540.00 - 332,540.00 - 332,540.00
1,684,887.18 1,684,887.18 1,684,887.18 1,684,887.18 1,684,887.18 1,684,887.18
21,842,291.83 21,692,291.83 - 2,017,427.18 - 2,017,427.18 - 2,017,427.18 - 2,017,427.18
67,395,487.00
20,218,646.10
47,176,840.90
101,691.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
- 335,130.00 - 332,540.00 -
334,940.00 -
332,540.00 - 382,540.00 23,538,979.00
1,684,887.18 1,684,887.18 1,684,887.18 1,684,887.18 1,684,887.18 1,684,887.18
- 2,020,017.18 - 2,017,427.18 - 2,019,827.18 - 2,017,427.18 - 2,067,427.18 21,854,091.83
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
92

Statement Income
Jan
Feb
Mar
Apr
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
104,281.00
101,691.00
104,091.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
-
335,130.00 - 332,540.00 -
1,783,887.18 1,783,887.18
- 2,119,017.18 - 2,116,427.18 -
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
32,520,000.00
32,520,000.00
32,520,000.00
97,560,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
25,660,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
25,660,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
25,660,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
76,980,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
332,540.00 -
332,540.00 -
332,540.00
1,783,887.18 1,783,887.18 1,783,887.18
2,116,427.18 - 2,116,427.18 - 2,116,427.18
71,355,487.00
21,406,646.10
49,948,840.90
101,691.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
334,940.00 -
332,540.00 -
382,540.00 24,858,979.00
1,783,887.18 1,783,887.18 1,783,887.18 1,783,887.18
2,118,827.18 - 2,116,427.18 - 2,166,427.18 23,075,091.83
24,847,179.00
1,783,887.18
23,063,291.83
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
24,697,179.00 -
1,783,887.18
22,913,291.83 -
332,540.00 -
1,783,887.18
2,116,427.18 -
93

Statement Income
Jan
Feb
Mar
Apr
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
104,281.00
101,691.00
104,091.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
-
335,130.00 - 332,540.00 -
1,882,887.18 1,882,887.18
- 2,218,017.18 - 2,215,427.18 -
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
33,840,000.00
33,840,000.00
33,840,000.00
101,520,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
26,980,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
26,980,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
26,980,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
80,940,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
332,540.00 -
332,540.00 - 332,540.00
1,882,887.18 1,882,887.18 1,882,887.18
2,215,427.18 - 2,215,427.18 - 2,215,427.18
75,315,487.00
22,594,646.10
52,720,840.90
101,691.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
334,940.00 -
332,540.00 -
382,540.00 26,178,979.00
1,882,887.18 1,882,887.18 1,882,887.18 1,882,887.18
2,217,827.18 - 2,215,427.18 - 2,265,427.18 24,296,091.83
26,167,179.00
1,882,887.18
24,284,291.83
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
26,017,179.00 -
1,882,887.18
24,134,291.83 -
332,540.00 -
1,882,887.18
2,215,427.18 -
94
7.2 Statement of Cash Flow

Statement of Cash Flow
Monthly Cash Flow Activity in 2012
Cash Flow Activity

Operating Activities
Net Income
Depreciation&Amoritization
Net cash flow - Operating activities
Investing Activities
Investment in pre-operation(uses)
Investment in fixed assets(uses)
Net cash flow - Investing activities
12,022,000.00
13,134,060.00
25,156,060.00
40,000,000.00
Financing Activities
Investment by owner
Investor payback(uses)30%
Net cash flow - Financing
Total monthly end cash flows
Increase/Decrease in Cash
Cash at end of month
JAN
FEB
MAR
APR
MAY
1,258,219.60 -
230,849.00
1,027,370.60 -
1,362,714.60 -
230,849.00
1,131,865.60 -
1,362,524.60 -
230,849.00
1,131,675.60 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,410,124.60
230,849.00
1,179,275.60
JUN
13,711,394.40
230,849.00
13,942,243.40
JUL
13,699,594.40
230,849.00
13,930,443.40
AUG
SEP
OCT
NOV
DEC
13,549,594.40 -
230,849.00
13,780,443.40 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,360,124.60
230,849.00
1,129,275.60
28,766,376.80
2,770,188.00
31,536,564.80
12,022,000.00
13,134,060.00
25,156,060.00
8,629,913.04
8,629,913.04
40,000,000.00
8,629,913.04
31,370,086.96
1,129,275.60 -
9,759,188.64 -
48,639,056.00
47,509,780.40
47,509,780.40 37,750,591.76
9,759,188.64
47,509,780.40
37,750,591.76
40,000,000.00
13,816,569.40 -
1,131,865.60 -
1,131,675.60 -
1,129,275.60 -
13,816,569.40
12,684,703.80 11,553,028.20
13,816,569.40 12,684,703.80 11,553,028.20 10,423,752.60
1,179,275.60 13,942,243.40 13,930,443.40 13,780,443.40 -

1,129,275.60 -
1,129,275.60 -
10,423,752.60
9,244,477.00 23,186,720.40 37,117,163.80 50,897,607.20
49,768,331.60
9,244,477.00 23,186,720.40 37,117,163.80 50,897,607.20 49,768,331.60 48,639,056.00
Year 2011
95

Cash Flow Activity

Net Income
AUG
SEP
OCT
NOV
DEC
23,727,291.83 -
230,849.00
23,958,140.83 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,182,427.18
230,849.00
1,951,578.18
51,796,840.90
2,770,188.00
54,567,028.90
15,539,052.27
15,539,052.27 -
15,539,052.27
15,539,052.27
-
1,954,168.18 -
1,951,578.18 -
1,953,978.18 -
1,951,578.18 -
2,001,578.18 24,119,940.83 24,108,140.83 23,958,140.83 -
1,951,578.18 -
1,951,578.18 -
1,951,578.18 - 17,490,630.45 -
37,750,591.76 35,796,423.59 33,844,845.41 31,890,867.24

29,939,289.06 27,937,710.89 52,057,651.71 76,165,792.54 100,123,933.36 98,172,355.19
96,220,777.01 94,269,198.84
35,796,423.59 33,844,845.41 31,890,867.24 29,939,289.06 27,937,710.89 52,057,651.71 76,165,792.54 100,123,933.36 98,172,355.19 96,220,777.01 94,269,198.84 76,778,568.39
17,490,630.45
94,269,198.84
76,778,568.39
JAN
FEB
MAR
APR
MAY
2,185,017.18 -
230,849.00
1,954,168.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,184,827.18 -
230,849.00
1,953,978.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,232,427.18
230,849.00
2,001,578.18
JUN
23,889,091.83
230,849.00
24,119,940.83
JUL
23,877,291.83
230,849.00
24,108,140.83
Year 2011
Investment by owner
96

Cash Flow Activity

Net Income
JAN
FEB
MAR
APR
MAY
2,020,017.18 -
230,849.00
1,789,168.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,019,827.18 -
230,849.00
1,788,978.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,067,427.18
230,849.00
1,836,578.18
JUN
21,854,091.83
230,849.00
22,084,940.83
JUL
21,842,291.83
230,849.00
22,073,140.83
AUG
SEP
OCT
NOV
DEC
Year 2011
21,692,291.83 -
230,849.00
21,923,140.83 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,017,427.18
230,849.00
1,786,578.18
47,176,840.90
2,770,188.00
49,947,028.90
14,153,052.27
14,153,052.27 -
14,153,052.27
14,153,052.27
Investment by owner
-
1,789,168.18 -
1,786,578.18 -
1,788,978.18 -
1,786,578.18 -
1,836,578.18 22,084,940.83 22,073,140.83 21,923,140.83 -
1,786,578.18 -
1,786,578.18 -
1,786,578.18 - 15,939,630.45 -
15,939,630.45
76,778,568.39 74,989,400.22 73,202,822.04 71,413,843.87

69,627,265.69 67,790,687.52 89,875,628.34 111,948,769.17 133,871,909.99 132,085,331.82 130,298,753.64 128,512,175.47 128,512,175.47
74,989,400.22 73,202,822.04 71,413,843.87 69,627,265.69 67,790,687.52 89,875,628.34 111,948,769.17 133,871,909.99 132,085,331.82 130,298,753.64 128,512,175.47 112,572,545.02 112,572,545.02
97

Cash Flow Activity

Net Income
JAN
FEB
MAR
APR
MAY
2,119,017.18 -
230,849.00
1,888,168.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,118,827.18 -
230,849.00
1,887,978.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,166,427.18
230,849.00
1,935,578.18
JUN
23,075,091.83
230,849.00
23,305,940.83
JUL
23,063,291.83
230,849.00
23,294,140.83
AUG
SEP
OCT
NOV
DEC
Year 2011
22,913,291.83 -
230,849.00
23,144,140.83 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,116,427.18
230,849.00
1,885,578.18
49,948,840.90
2,770,188.00
52,719,028.90
14,984,652.27
14,984,652.27 -
14,984,652.27
14,984,652.27
Investment by owner
-
1,888,168.18 -
1,885,578.18 -
1,887,978.18 -
1,885,578.18 -
1,935,578.18 23,305,940.83 23,294,140.83 23,144,140.83 -
1,885,578.18 -
1,885,578.18 -
1,885,578.18 - 16,870,230.45 -
16,870,230.45
112,572,545.02 110,684,376.85 108,798,798.67 106,910,820.50 105,025,242.32 103,089,664.15 126,395,604.97 149,689,745.80 172,833,886.62 170,948,308.45 169,062,730.27 167,177,152.10 167,177,152.10
110,684,376.85 108,798,798.67 106,910,820.50 105,025,242.32 103,089,664.15 126,395,604.97 149,689,745.80 172,833,886.62 170,948,308.45 169,062,730.27 167,177,152.10 150,306,921.65 150,306,921.65
98

Monthly Cash Flow Activity 2016
Cash Flow Activity

Net Income
JAN
FEB
MAR
APR
MAY
2,218,017.18 -
230,849.00
1,987,168.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,217,827.18 -
230,849.00
1,986,978.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,265,427.18
230,849.00
2,034,578.18
JUN
24,296,091.83
230,849.00
24,526,940.83
JUL
24,284,291.83
230,849.00
24,515,140.83
AUG
SEP
OCT
NOV
DEC
Year 2011
24,134,291.83 -
230,849.00
24,365,140.83 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,215,427.18
230,849.00
1,984,578.18
52,720,840.90
2,770,188.00
55,491,028.90
15,816,252.27
15,816,252.27 -
15,816,252.27
15,816,252.27
Investment by owner
-
1,987,168.18 -
1,984,578.18 -
1,986,978.18 -
1,984,578.18 -
2,034,578.18 24,526,940.83 24,515,140.83 24,365,140.83 -
1,984,578.18 -
1,984,578.18 -
1,984,578.18 - 17,800,830.45 -
17,800,830.45
150,306,921.65 148,319,753.48 146,335,175.30 144,348,197.13 142,363,618.95 140,329,040.78 164,855,981.60 189,371,122.43 213,736,263.25 211,751,685.08 209,767,106.90 207,782,528.73 207,782,528.73
148,319,753.48 146,335,175.30 144,348,197.13 142,363,618.95 140,329,040.78 164,855,981.60 189,371,122.43 213,736,263.25 211,751,685.08 209,767,106.90 207,782,528.73 189,981,698.28 189,981,698.28
99
7.3 Balance Sheet

Statement of Balance Sheet
JAN
Assets
Current Asset
Cash
Total Current Asset
Fix Asset
All Core Building,Plant
All Equipment&Machinery
Less: all depreciation
Total Fixed Assets
Total Assets
Liability & Equity
Owner's Payback
Owner's Capital
Total Liability & Equity
balance check
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Ended amont
13,816,569.40
13,816,569.40
12,684,703.80
12,684,703.80
11,553,028.20
11,553,028.20
10,423,752.60
10,423,752.60
9,244,477.00
9,244,477.00
23,186,720.40
23,186,720.40
37,117,163.80
37,117,163.80
50,897,607.20
50,897,607.20
49,768,331.60
49,768,331.60
48,639,056.00
48,639,056.00
47,509,780.40
47,509,780.40
37,750,591.76
37,750,591.76
37,750,591.76
37,750,591.76
12,022,000
13,134,060
230,849
24,925,211
38,741,780
12,022,000
13,134,060
461,698
24,694,362
37,379,066
12,022,000
13,134,060
692,547
24,463,513
36,016,541
12,022,000
13,134,060
923,396
24,232,664
34,656,417
12,022,000
13,134,060
1,154,245
24,001,815
33,246,292
12,022,000
13,134,060
1,385,094
23,770,966
46,957,686
12,022,000
13,134,060
1,615,943
23,540,117
60,657,281
12,022,000
13,134,060
1,846,792
23,309,268
74,206,875
12,022,000
13,134,060
2,077,641
23,078,419
72,846,751
12,022,000
13,134,060
2,308,490
22,847,570
71,486,626
12,022,000
13,134,060
2,539,339
22,616,721
70,126,501
12,022,000
13,134,060
2,770,188
22,385,872
60,136,464
12,022,000
13,134,060
2,770,188
22,385,872
60,136,464
38,741,780
38,741,780
0
37,379,066
37,379,066
0
36,016,541
36,016,541
0
34,656,417
34,656,417
0
33,246,292
33,246,292
0
46,957,686
46,957,686
0
60,657,281
60,657,281
0
74,206,875
74,206,875
0
72,846,751
72,846,751
0
71,486,626
71,486,626
0
70,126,501
70,126,501
0
8,629,913
68,766,377
60,136,464
0
8,629,913
68,766,377
60,136,464
0
100

JAN
Assets
Current Asset
Cash
Total Current Asset
Fix Asset
Total Fixed Assets
Total Assets
Liability & Equity
Owner's Payback
Owner's Capital
balance check
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Ended amont
35,796,423.59
35,796,423.59
33,844,845.41
33,844,845.41
31,890,867.24
31,890,867.24
29,939,289.06
29,939,289.06
27,937,710.89
27,937,710.89
52,057,651.71
52,057,651.71
76,165,792.54
76,165,792.54
100,123,933.36
100,123,933.36
98,172,355.19
98,172,355.19
96,220,777.01
96,220,777.01
94,269,198.84
94,269,198.84
76,778,568.39
76,778,568.39
76,778,568.39
76,778,568.39
12,022,000
13,134,060
3,001,037
22,155,023
57,951,447
12,022,000
13,134,060
3,231,886
21,924,174
55,769,019
12,022,000
13,134,060
3,462,735
21,693,325
53,584,192
12,022,000
13,134,060
3,693,584
21,462,476
51,401,765
12,022,000
13,134,060
3,924,433
21,231,627
49,169,338
12,022,000
13,134,060
4,155,282
21,000,778
73,058,430
12,022,000
13,134,060
4,386,131
20,769,929
96,935,722
12,022,000
13,134,060
4,616,980
20,539,080
120,663,013
12,022,000
13,134,060
4,847,829
20,308,231
118,480,586
12,022,000
13,134,060
5,078,678
20,077,382
116,298,159
12,022,000
13,134,060
5,309,527
19,846,533
114,115,732
12,022,000
13,134,060
5,540,376
19,615,684
96,394,252
12,022,000
13,134,060
5,540,376
19,615,684
96,394,252
57,951,447
57,951,447
0
55,769,019
55,769,019
0
53,584,192
53,584,192
0
51,401,765
51,401,765
0
49,169,338
49,169,338
0
73,058,430
73,058,430
0
96,935,722
96,935,722
0
120,663,013
120,663,013
0
118,480,586
118,480,586
0
116,298,159
116,298,159
0
114,115,732
114,115,732
0
15,539,052
111,933,305
96,394,252
0
15,539,052
111,933,305
96,394,252
0
101

JAN
Assets
Current Asset
Cash
Total Current Asset
Fix Asset
Total Fixed Assets
Total Assets
Liability & Equity
Owner's Payback
Owner's Capital
balance check
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Ended amont
74,989,400.22
74,989,400.22
73,202,822.04
73,202,822.04
71,413,843.87
71,413,843.87
69,627,265.69
69,627,265.69
67,790,687.52
67,790,687.52
89,875,628.34
89,875,628.34
111,948,769.17
111,948,769.17
133,871,909.99
133,871,909.99
132,085,331.82
132,085,331.82
130,298,753.64
130,298,753.64
128,512,175.47
128,512,175.47
112,572,545.02
112,572,545.02
112,572,545.02
112,572,545.02
12,022,000
13,134,060
5,771,225
19,384,835
94,374,235
12,022,000
13,134,060
6,002,074
19,153,986
92,356,808
12,022,000
13,134,060
6,232,923
18,923,137
90,336,981
12,022,000
13,134,060
6,463,772
18,692,288
88,319,554
12,022,000
13,134,060
6,694,621
18,461,439
86,252,127
12,022,000
13,134,060
6,925,470
18,230,590
108,106,218
12,022,000
13,134,060
7,156,319
17,999,741
129,948,510
12,022,000
13,134,060
7,387,168
17,768,892
151,640,802
12,022,000
13,134,060
7,618,017
17,538,043
149,623,375
12,022,000
13,134,060
7,848,866
17,307,194
147,605,948
12,022,000
13,134,060
8,079,715
17,076,345
145,588,520
12,022,000
13,134,060
8,310,564
16,845,496
129,418,041
12,022,000
13,134,060
8,310,564
16,845,496
129,418,041
94,374,235
94,374,235
0
92,356,808
92,356,808
0
90,336,981
90,336,981
0
88,319,554
88,319,554
0
86,252,127
86,252,127
0
108,106,218
108,106,218
0
129,948,510
129,948,510
0
151,640,802
151,640,802
0
149,623,375
149,623,375
0
147,605,948
147,605,948
0
145,588,520
145,588,520
0
14,153,052
143,571,093
129,418,041
0
14,153,052
190,747,934
129,418,041
0
102

JAN
Assets
Current Asset
Cash
Total Current Asset
Fix Asset
Total Fixed Assets
Total Assets
Liability & Equity
Owner's Payback
Owner's Capital
balance check
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Ended amont
110,684,376.85
110,684,376.85
108,798,798.67
108,798,798.67
106,910,820.50
106,910,820.50
105,025,242.32
105,025,242.32
103,089,664.15
103,089,664.15
126,395,604.97
126,395,604.97
149,689,745.80
149,689,745.80
172,833,886.62
172,833,886.62
170,948,308.45
170,948,308.45
169,062,730.27
169,062,730.27
167,177,152.10
167,177,152.10
150,306,921.65
150,306,921.65
150,306,921.65
150,306,921.65
12,022,000
13,134,060
8,541,413
16,614,647
127,299,024
12,022,000
13,134,060
8,772,262
16,383,798
125,182,597
12,022,000
13,134,060
9,003,111
16,152,949
123,063,769
12,022,000
13,134,060
9,233,960
15,922,100
120,947,342
12,022,000
13,134,060
9,464,809
15,691,251
118,780,915
12,022,000
13,134,060
9,695,658
15,460,402
141,856,007
12,022,000
13,134,060
9,926,507
15,229,553
164,919,299
12,022,000
13,134,060
10,157,356
14,998,704
187,832,591
12,022,000
13,134,060
10,388,205
14,767,855
185,716,163
12,022,000
13,134,060
10,619,054
14,537,006
183,599,736
12,022,000
13,134,060
10,849,903
14,306,157
181,483,309
12,022,000
13,134,060
11,080,752
14,075,308
164,382,230
12,022,000
13,134,060
11,080,752
14,075,308
164,382,230
127,299,024
127,299,024
0
125,182,597
125,182,597
0
123,063,769
123,063,769
0
120,947,342
120,947,342
0
118,780,915
118,780,915
0
141,856,007
141,856,007
0
164,919,299
164,919,299
0
187,832,591
187,832,591
0
185,716,163
185,716,163
0
183,599,736
183,599,736
0
181,483,309
181,483,309
0
14,984,652
179,366,882
164,382,230
0
14,984,652
180,452,482
164,382,230
0
103

JAN
Assets
Current Asset
Cash
Total Current Asset
Fix Asset
Total Fixed Assets
Total Assets
Liability & Equity
Owner's Payback
Owner's Capital
balance check
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
Ended amont
148,319,753.48
148,319,753.48
146,335,175.30
146,335,175.30
144,348,197.13
144,348,197.13
142,363,618.95
142,363,618.95
140,329,040.78
140,329,040.78
164,855,981.60
164,855,981.60
189,371,122.43
189,371,122.43
213,736,263.25
213,736,263.25
211,751,685.08
211,751,685.08
209,767,106.90
209,767,106.90
207,782,528.73
207,782,528.73
189,981,698.28
189,981,698.28
189,981,698.28
189,981,698.28
12,022,000
13,134,060
11,311,601
13,844,459
162,164,212
12,022,000
13,134,060
11,542,450
13,613,610
159,948,785
12,022,000
13,134,060
11,773,299
13,382,761
157,730,958
12,022,000
13,134,060
12,004,148
13,151,912
155,515,531
12,022,000
13,134,060
12,234,997
12,921,063
153,250,104
12,022,000
13,134,060
12,465,846
12,690,214
177,546,196
12,022,000
13,134,060
12,696,695
12,459,365
201,830,487
12,022,000
13,134,060
12,927,544
12,228,516
225,964,779
12,022,000
13,134,060
13,158,393
11,997,667
223,749,352
12,022,000
13,134,060
13,389,242
11,766,818
221,533,925
12,022,000
13,134,060
13,620,091
11,535,969
219,318,498
12,022,000
13,134,060
13,850,940
11,305,120
201,286,818
12,022,000
13,134,060
13,850,940
11,305,120
201,286,818
162,164,212
162,164,212
0
159,948,785
159,948,785
0
157,730,958
157,730,958
0
155,515,531
155,515,531
0
153,250,104
153,250,104
0
177,546,196
177,546,196
0
201,830,487
201,830,487
0
225,964,779
225,964,779
0
223,749,352
223,749,352
0
221,533,925
221,533,925
0
219,318,498
219,318,498
0
15,816,252
217,103,071
201,286,818
0
15,816,252
220,343,071
201,286,818
0
104
7.4 Conclusion
After calculation in statement of 3 types like statement of Income, Cash Flow and
Balance Sheet, It showed that Light Longan Asian Fruit status is positive in Financial
management according to we analyze through Return On Investment (ROI), Net Present
Value (NPV) and Payback Period. These tools can help to tall the investors or inside and
outside sectors that the project chooses are accepted or rejected. So, being analysis at the first
one is Payback Period that measure how long does it take to be return on investment. The
number showed that 0.4 years it means too sorter return on investment. Next is NPV, showed
that positive sign or more than zero it means this project should be accepted. The last one is
ROI, form year 1 to year 5 it showed that 48%, 54%, 36%, 30% and 26%. These numbers can
better tell the efficiency on investment. This part of analysis can make sure the proposition
financial status tend to be great way of doing this type of business.
105
Chapter 8
RISK MANAGEMENT
106
8.1 Risk Analysis

The future is uncertainty. All businesses can be faced with risk all the time. So, we
have to prepare the worst case scenario both external and internal risks. It can happen both
when the environment effect to the company and/or the business cannot operate well inside.
Risk Analysis
Low
Medium
High
External Risk
Economic
Competitor
Technology
Internal Risk
Human Error
Raw material
Finance
8.1.1 External Forces

External risk means the outside risks of company that affect the company and the
company cant control it. They are from economic, technology, social and competitors;
however the company can find the solution to reduce and resolve these problems. The
external risks for Light Longan Asian Fruit are below:
-
Changing in Technology
Nowadays, there are many technology devices which used in dried longan process, to
make the operator quick and can increase the productivity. Technology tends to play the
importance rule when doing dried longan and changing to better one all the time.
Solution
For this risk, Light Longan Asian Fruit needs to analysis the machine and find the
appropriate machine to use in dried longan process. After analysis Light Longan Asian Fruit
decided to use the steam to dry longan instead of using gas. So our product have high quality,
it's didn't have a contaminants, the dried longan is cleaning and it isn't harmful to consumer.
-
The Economic Condition

According to the Flood in Thailand, It effect to the economics of Thailand. Foreigner
doesnt believe in the effective of the production. Our company locates in Lamphun province,
it not effect to our company but this problem is still importance for our business. Because the
foreigner looking at overview.
Solution
107
For this risk is the external risk, its out of control. We dont know when will be
happen. it not effect to our company so we will make confidence for the customer. We can
produce the product and can export the product to our customer demand and to be on time.
-
The competitors
This problem is quite importance for Light Longan Asian Fruit because now
Lamphun have many company that produce dried longan which are direct and in direct
competitor. So they can get our customers to get high market share. Moreover there are the
new company is going to open the b so business this is the problem also.
Solution
For this risk, Light Longan Asian Fruit have to analysis the competitors to found their
4Ps then use Marketing strategy to fix the problem by use competitor advantage to compete
with the competitor and attract the customers. Such as using stream to dried longan instead of
using gas. So the product will have high quality than competitor that using gas.
8.1.2 Internal Forces
It is the risk that occurs within the organization which will affect to the business to get
a direct loss or affect on internal management such as; the loss that is from the operation, the
loss that is from the finance and the loss that from human resource etc.
-
The risk of operation time management

This type of risk of the operation that our company has the fixes time of dried longan
processes. If we not manage the time in produce dried longan process, it will effect to the
quality of the finish good.
Solution
Light Longan Asian has to control the fix time in produce dried longan. We manage
the time of produce the product to match with the time of worker.
-
The operation risk

Operation risks are risks that arise from an error in the operation in our company. So
our company can separate operation risks into three major characteristics include failure of
work two are Human Error, and Technical Failure.
108
Human Error
In our company have the error employee because we hire Myanmar labor to work in
the production process. Sometime they can lack of knowledge and do not know how o use the
machine. That can effect to our productivity.
Solution
Our company has training the employee and to provide knowledge and understanding
to the process when produce the product. Company will have identified the responsibility,
control and monitoring of work with each responsibility of employee and in addition our
company has the manual operation or process to make the product and guide problem-solving
for the employee.
-
Technical Failure
Our company has many machines for produce dried longan; all of these are use
electric city. Sometime that can be having accident of electricity, the machine damage and
Firer.
Solution
Our company has resourceful with many unexpected situation. We have electricity to
power with short circuit protection and power backup systems and if the machine damage, we
dont need to renovate because the machine have warranty. For the firer we have Fire
insurance in case of source of fire occur at Dryer Room, Furnace, Hot-Water Boiler, Heat
Exchanger, Hot-Water Pumep, Motor insurance company will claim all damage.
-
The risk of raw material

Our company used more raw materials to produce. But the fresh longans in season are
uncertainty. We do not sure that the fresh longan will be enough for the demand of customer.
Solution
Our company analyses the production of fresh longan in each year and we will
analyses the demand of customer need form the export to China in each year. Governments
are support and promote in agriculture product. So the gardener trend to cultivate the longan
more than before.
109
Financial Risk
Financial Risk can happen in our company because we export the product to China. So
we will have problem about the exchange rate. And we have the risk from increase in the
interest rate, increase in cost of production. So we will accept the exchange rate only Thai
Baht currency in the payment. We manage the cost for reduce the cost in production process
and still get the good quality of product. We have to think about interest, if we have to pay
back to investor more than before, we have money to pay back or not. And we have the tools
that help us measure how much of risk is Payback period and Net present value (NPV).
8.2 Return On Investment (ROI), Net Present Value (NPV) and Payback Period
Financial Ratio
NPV 5%
NPV 10%
NPV 15%
IRR
Net profit margin
ROA
ROE
pay back
Year 1
Year 2
4,171,909.33
2,164,095.27
330,873.74
16%
43%
48%
48%
N/A
Year 3
Year 4
Year 5
87,906,712.65
197,377,048.29
333,362,835.21 494,610,914.48
78,459,649.54
173,670,466.43
286,566,835.48 414,351,171.22
70,136,257.98
153,460,395.26
247,966,389.12 350,284,342.31
121%
155%
168%
173%
52%
50%
51%
52%
54%
36%
30%
26%
54%
36%
30%
26%
0.43328673 N/A
1.402884714 N/A
110
8.3 Conclusion of Risk management

The businesses can be confronted with risk all the time. So, this chapter we conclude
both external and internal risks. It can happen both when the environment effect to the
company and/or the business cannot operate well inside. The external risk is difficult to
control like economic, technology. But however, the things which we chose do are always
follow up the news and can adept in each situation like change the obstacle to be an
opportunity. In the other hand, internal risk is we can control inside like the risk of operation
time management, the operation risk, risk of raw material and financial Risk. However, we
have prepared already that estimate how much will effect to our company. So, the result
shows that not much to effect with our company. And the tools that help us measure how
much of risk is Payback period and Net present value (NPV).
111
Chapter 9
CONCLUSION
112
9.1 Conclusion
Longan is the one major economic fruit of Thailand. China is the largest export
market of Thai dried longan. After they join in FTA, China import the dried longan from
Vietnam 0.1% and imports from Thailand 95.1% the rest is imported from Burma.
Light Longan Asian Fruit has directs competitor in Lamphun include with RK Food
Corporation. We also has many indirect competitor such as Phisith Industrial Co.,Ltd , RK
Food Corporation and Hitec bio(Thailand) Co.,Ltd. We have to analyses the competitor how
they can survive in the market, we have to know their strange and weakness and analyze to
find the way to compete with them.
We use Marketing mix to apply with our business. the first, product we using high
We decided to use the steam to dry longan instead of using gas. Second, the pricing we
compare with competitor and we set the price high than competitor because of the quality of
our product better than competitor. Third, place we located in Lumphun province in order to
ease in finding the fresh longan. The last, we plan to join in food and fruit fair festival and
join the World of Food Asia, which allows customers to know more products. We have the
distributor who has ability to distribute our product to the customer thoroughly.
Sale for cash, from the table we can see that Lamphun can produce the fresh longan
an average of five year around 185,060 ton. And we can export dried longan an average of
five year around 87,861 ton. China import dried longan from Thailand 95.1% of total longan
import of China. So our company forecast to produce dried longan 1,500 ton/year. The article
from the Ministry of Agriculture has forecast that the price of longan will be increase because
the fresh longan in Thailand tend to decrease but the demand of international customer
especially in China are increase. For this reason, our company can produce the product dried
longan in same level in every year but can set the price to raise by produce the same level of
product.
113
The marketing expense, we plan to join in food and fruit fair festival and join the
World of Food Asia so we set the same expense in each year for promote the product to the
new customer. And for the end of the season, we have to pay for food and drink for our
distributor.
Cost of investment, Pre-Operating cost we have to purchase land and build the
construction. We use Lampang Paisan Construction to drawing and construction our
company. We need to invest the new equipment and tool for use in the dried longan process.
The operations, we forecast to use fresh longan 1,500 ton to produce the dried longan
in each year. We produce the dried longan only three month per year. Because we choose to
produce dried longan only in season, it can get high profit than out of season. We have to
order packaging every year and the packaging will be enough for the dried longan that will
forecast to produce in each year. The process of dried longan we use the firewood in the
stream process. Firewood can help our company save the cost of electricity. So we will
purchase from gardener. For direct labor we use Myanmar labors, we only hire those who
already have the license of Alien Worker Permit to work in Thailand legally and work in
three month (June, July and August). The staff must training before work in the factory. The
general manager have to training them, we do not have training cost but we will pay the
employee same the wage that they come to work.
Light longan Asian Fruit using high technology of the machines and finally cover
with high standard of quality control, we focusing on Quality, Cleanness, and Maximum
Customer Satisfactions. Dried longan divided into 4 grades include, grand AA, grand A ,
grand B and grand C. Crust of dried longan is a sphere, not a dent yellow skin, flesh of the
fruit is dry and It's the smell of fragrant fruits and other contaminants. Our company opens
8.00 AM. 5.00 PM. every day except Sunday.
According to the facility layout, we also provide service mind, and facility that will
make customer comfortable. We providing computer and internet for customer and created
the entertainment by having television for customer. About cost of investment in part of
decorate also low price because we focus on the quality of the product more than the
decoration
in
living
room
or
office.
So,
it
may
lots
of
investment
cost,
machine/equipment/tool, operation cost and administration cost. However, we will borrow

this amount for outside sector because we doesnt have the assets to guarantee when borrow
114
with the bank. Therefore, in this amount we will pay back to whom giving us loan the money
about 30% every year.
The businesses can be confronted with risk all the time. We conclude both external
and internal risks. It can happen both when the environment effect to the company and/or the
business cannot operate well inside. The external risk is difficult to control like economic,
technology. But however, the things which we chose do are always follow up the news and
can adept in each situation like change the obstacle to be an opportunity. In the other hand,
internal risk is we can control inside like the risk of operation time management, the
operation risk, risk of raw material and financial Risk. However, we have prepared already
that estimate how much will effect to our company. So, the result shows that not much to
effect with our company. And the tools that help us measure how much of risk is Payback
period and Net present value (NPV).
115
Appendixes
116
Appendix
Financial Risk
117
Cash flow Interest Increase

Interest increase 5% (31.5%)
Interest increase 5%
Cash Flow Activity
Net Income
12,022,000.00
13,134,060.00
25,156,060.00
40,000,000.00
Investment by owner
Investor payback(uses)31.5%
JAN
FEB
MAR
APR
MAY
1,258,219.60 -
230,849.00
1,027,370.60 -
1,362,714.60 -
230,849.00
1,131,865.60 -
1,362,524.60 -
230,849.00
1,131,675.60 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,410,124.60
230,849.00
1,179,275.60
JUN
13,711,394.40
230,849.00
13,942,243.40
JUL
13,699,594.40
230,849.00
13,930,443.40
AUG
SEP
OCT
NOV
DEC
13,549,594.40 -
230,849.00
13,780,443.40 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,360,124.60
230,849.00
1,129,275.60
28,766,376.80
2,770,188.00
31,536,564.80
12,022,000.00
13,134,060.00
25,156,060.00
9,061,408.69
9,061,408.69
40,000,000.00
9,061,408.69
30,938,591.31
1,129,275.60 -
48,639,056.00
47,509,780.40
10,190,684.29 -
47,509,780.40
37,319,096.11
10,190,684.29
47,509,780.40
37,319,096.11
40,000,000.00
13,816,569.40 -
1,131,865.60 -
13,816,569.40
13,816,569.40 12,684,703.80
1,131,675.60 -
1,129,275.60 -
12,684,703.80
11,553,028.20
11,553,028.20 10,423,752.60
1,179,275.60 13,942,243.40
13,930,443.40
13,780,443.40 -
1,129,275.60 -
10,423,752.60
9,244,477.00
23,186,720.40
37,117,163.80
50,897,607.20
9,244,477.00 23,186,720.40 37,117,163.80 50,897,607.20 49,768,331.60
1,129,275.60 -
49,768,331.60
48,639,056.00
Year 2012
118

Cash Flow Activity
Net Income
JAN
FEB
MAR
APR
MAY
2,185,017.18 -
230,849.00
1,954,168.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,184,827.18 -
230,849.00
1,953,978.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,232,427.18
230,849.00
2,001,578.18
JUN
23,889,091.83
230,849.00
24,119,940.83
JUL
23,877,291.83
230,849.00
24,108,140.83
AUG
SEP
OCT
NOV
DEC
Year 2013
23,727,291.83 -
230,849.00
23,958,140.83 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,182,427.18
230,849.00
1,951,578.18
51,796,840.90
2,770,188.00
54,567,028.90
16,316,004.88
16,316,004.88 -
16,316,004.88
16,316,004.88
1,951,578.18 -
18,267,583.06 -
95,789,281.36
93,837,703.18
93,837,703.18 75,570,120.12
18,267,583.06
93,837,703.18
75,570,120.12
Investment by owner
-
1,954,168.18 -
1,951,578.18 -
1,953,978.18 -
1,951,578.18 -
2,001,578.18 24,119,940.83 24,108,140.83 23,958,140.83 -
1,951,578.18 -
1,951,578.18 -
37,319,096.11 35,364,927.93
33,413,349.76 31,459,371.58
29,507,793.41 27,506,215.23 51,626,156.06 75,734,296.88 99,692,437.71
97,740,859.53
35,364,927.93 33,413,349.76 31,459,371.58 29,507,793.41 27,506,215.23 51,626,156.06 75,734,296.88 99,692,437.71 97,740,859.53 95,789,281.36
119

Cash Flow Activity
Net Income
JAN
FEB
MAR
APR
MAY
2,020,017.18 -
230,849.00
1,789,168.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,019,827.18 -
230,849.00
1,788,978.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,067,427.18
230,849.00
1,836,578.18
JUN
21,854,091.83
230,849.00
22,084,940.83
JUL
21,842,291.83
230,849.00
22,073,140.83
AUG
SEP
OCT
NOV
DEC
Year 2014
21,692,291.83 -
230,849.00
21,923,140.83 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,017,427.18
230,849.00
1,786,578.18
47,176,840.90
2,770,188.00
49,947,028.90
14,860,704.88
14,860,704.88 -
14,860,704.88
14,860,704.88
Investment by owner
1,789,168.18 -
1,786,578.18 -
1,788,978.18 -
1,786,578.18 -
75,570,120.12 73,780,951.95
71,994,373.77 70,205,395.60
73,780,951.95 71,994,373.77 70,205,395.60 68,418,817.42
1,836,578.18 22,084,940.83 22,073,140.83 21,923,140.83 -

1,786,578.18 -
1,786,578.18 -
1,786,578.18 -
16,647,283.06 -
16,647,283.06
68,418,817.42 66,582,239.25 88,667,180.07 110,740,320.90 132,663,461.72 130,876,883.55 129,090,305.37 127,303,727.20 127,303,727.20
66,582,239.25 88,667,180.07 110,740,320.90 132,663,461.72 130,876,883.55 129,090,305.37 127,303,727.20 110,656,444.14 110,656,444.14
120

Cash Flow Activity
Net Income
JAN
FEB
MAR
APR
MAY
2,119,017.18 -
230,849.00
1,888,168.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,118,827.18 -
230,849.00
1,887,978.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,166,427.18
230,849.00
1,935,578.18
JUN
23,075,091.83
230,849.00
23,305,940.83
JUL
23,063,291.83
230,849.00
23,294,140.83
AUG
SEP
OCT
NOV
DEC
Year 2015
22,913,291.83 -
230,849.00
23,144,140.83 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,116,427.18
230,849.00
1,885,578.18
49,948,840.90
2,770,188.00
52,719,028.90
15,733,884.88
15,733,884.88 -
15,733,884.88
15,733,884.88
Investment by owner
-
1,888,168.18 -
1,885,578.18 -
1,887,978.18 -
1,885,578.18 -
1,935,578.18 23,305,940.83 23,294,140.83 23,144,140.83 -
1,885,578.18 -
1,885,578.18 -
1,885,578.18 - 17,619,463.06 -
17,619,463.06
110,656,444.14 108,768,275.97 106,882,697.79 104,994,719.62 103,109,141.44 101,173,563.27 124,479,504.09 147,773,644.92 170,917,785.74 169,032,207.57 167,146,629.39 165,261,051.22 165,261,051.22
108,768,275.97 106,882,697.79 104,994,719.62 103,109,141.44 101,173,563.27 124,479,504.09 147,773,644.92 170,917,785.74 169,032,207.57 167,146,629.39 165,261,051.22 147,641,588.16 147,641,588.16
121

Cash Flow Activity
Net Income
JAN
FEB
MAR
APR
MAY
2,218,017.18 -
230,849.00
1,987,168.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,217,827.18 -
230,849.00
1,986,978.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,265,427.18
230,849.00
2,034,578.18
JUN
24,296,091.83
230,849.00
24,526,940.83
JUL
24,284,291.83
230,849.00
24,515,140.83
AUG
SEP
OCT
NOV
DEC
Year 2016
24,134,291.83 -
230,849.00
24,365,140.83 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,215,427.18
230,849.00
1,984,578.18
52,720,840.90
2,770,188.00
55,491,028.90
16,607,064.88
16,607,064.88 -
16,607,064.88
16,607,064.88
Investment by owner
-
1,987,168.18 -
1,984,578.18 -
1,986,978.18 -
1,984,578.18 -
2,034,578.18 24,526,940.83 24,515,140.83 24,365,140.83 -
1,984,578.18 -
1,984,578.18 -
1,984,578.18 -
18,591,643.06 -
18,591,643.06
147,641,588.16 145,654,419.98 143,669,841.81 141,682,863.63 139,698,285.46 137,663,707.28 162,190,648.11 186,705,788.93 211,070,929.76 209,086,351.58 207,101,773.41 205,117,195.23 205,117,195.23
145,654,419.98 143,669,841.81 141,682,863.63 139,698,285.46 137,663,707.28 162,190,648.11 186,705,788.93 211,070,929.76 209,086,351.58 207,101,773.41 205,117,195.23 186,525,552.17 186,525,552.17
122
Interest increase 10% (33%)

Cash Flow Activity
Net Income
12,022,000.00
13,134,060.00
25,156,060.00
40,000,000.00
Investment by owner
JAN
FEB
MAR
APR
MAY
1,258,219.60 -
230,849.00
1,027,370.60 -
1,362,714.60 -
230,849.00
1,131,865.60 -
1,362,524.60 -
230,849.00
1,131,675.60 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,410,124.60
230,849.00
1,179,275.60
JUN
13,711,394.40
230,849.00
13,942,243.40
JUL
13,699,594.40
230,849.00
13,930,443.40
AUG
SEP
OCT
NOV
DEC
13,549,594.40 -
230,849.00
13,780,443.40 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,360,124.60
230,849.00
1,129,275.60
28,766,376.80
2,770,188.00
31,536,564.80
12,022,000.00
13,134,060.00
25,156,060.00
9,492,904.34
9,492,904.34
40,000,000.00
9,492,904.34
30,507,095.66
1,129,275.60 -
10,622,179.94 -
48,639,056.00
47,509,780.40
47,509,780.40 36,887,600.46
10,622,179.94
47,509,780.40
36,887,600.46
40,000,000.00
13,816,569.40 -
1,131,865.60 -
1,131,675.60 -
1,129,275.60 -
13,816,569.40
12,684,703.80 11,553,028.20
13,816,569.40 12,684,703.80 11,553,028.20 10,423,752.60
1,179,275.60 13,942,243.40 13,930,443.40 13,780,443.40 -

1,129,275.60 -
1,129,275.60 -
10,423,752.60
9,244,477.00 23,186,720.40 37,117,163.80 50,897,607.20
49,768,331.60
9,244,477.00 23,186,720.40 37,117,163.80 50,897,607.20 49,768,331.60 48,639,056.00
Year 2011
123

Cash Flow Activity
Net Income
JAN
FEB
MAR
APR
MAY
2,185,017.18 -
230,849.00
1,954,168.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,184,827.18 -
230,849.00
1,953,978.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,232,427.18
230,849.00
2,001,578.18
JUN
23,889,091.83
230,849.00
24,119,940.83
JUL
23,877,291.83
230,849.00
24,108,140.83
AUG
SEP
OCT
NOV
DEC
Year 2011
23,727,291.83 -
230,849.00
23,958,140.83 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,182,427.18
230,849.00
1,951,578.18
51,796,840.90
2,770,188.00
54,567,028.90
17,092,957.50
17,092,957.50 -
17,092,957.50
17,092,957.50
1,951,578.18 -
95,357,785.71
93,406,207.53
19,044,535.67 -
93,406,207.53
74,361,671.86
19,044,535.67
93,406,207.53
74,361,671.86
Investment by owner
1,954,168.18 -
1,951,578.18 -
36,887,600.46
34,933,432.28
34,933,432.28 32,981,854.11
1,953,978.18 -
1,951,578.18 -
32,981,854.11
31,027,875.93
31,027,875.93 29,076,297.76
2,001,578.18 24,119,940.83
24,108,140.83
23,958,140.83 -
1,951,578.18 -
29,076,297.76 27,074,719.58
51,194,660.41
75,302,801.23
99,260,942.06
27,074,719.58 51,194,660.41 75,302,801.23 99,260,942.06 97,309,363.88
1,951,578.18 -
97,309,363.88
95,357,785.71
124

Cash Flow Activity
Net Income
JAN
FEB
MAR
APR
MAY
2,020,017.18 -
230,849.00
1,789,168.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,019,827.18 -
230,849.00
1,788,978.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,067,427.18
230,849.00
1,836,578.18
JUN
21,854,091.83
230,849.00
22,084,940.83
JUL
21,842,291.83
230,849.00
22,073,140.83
AUG
SEP
OCT
NOV
DEC
Year 2011
21,692,291.83 -
230,849.00
21,923,140.83 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,017,427.18
230,849.00
1,786,578.18
47,176,840.90
2,770,188.00
49,947,028.90
15,568,357.50
15,568,357.50 -
15,568,357.50
15,568,357.50
Investment by owner
1,789,168.18 -
1,786,578.18 -
1,788,978.18 -
1,786,578.18 -
74,361,671.86 72,572,503.68
70,785,925.51
68,996,947.33
72,572,503.68 70,785,925.51 68,996,947.33 67,210,369.16
1,836,578.18 22,084,940.83
22,073,140.83
21,923,140.83 -
1,786,578.18 -
1,786,578.18 -
1,786,578.18 -
17,354,935.67 -
17,354,935.67
67,210,369.16 65,373,790.98
87,458,731.81 109,531,872.63 131,455,013.46 129,668,435.28 127,881,857.11 126,095,278.93
126,095,278.93
65,373,790.98 87,458,731.81 109,531,872.63 131,455,013.46 129,668,435.28 127,881,857.11 126,095,278.93 108,740,343.26 108,740,343.26
125

Cash Flow Activity
Net Income
JAN
FEB
MAR
APR
MAY
2,119,017.18 -
230,849.00
1,888,168.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,118,827.18 -
230,849.00
1,887,978.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,166,427.18
230,849.00
1,935,578.18
JUN
23,075,091.83
230,849.00
23,305,940.83
JUL
23,063,291.83
230,849.00
23,294,140.83
AUG
SEP
OCT
NOV
DEC
Year 2011
22,913,291.83 -
230,849.00
23,144,140.83 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,116,427.18
230,849.00
1,885,578.18
49,948,840.90
2,770,188.00
52,719,028.90
16,483,117.50
16,483,117.50 -
16,483,117.50
16,483,117.50
Investment by owner
-
1,888,168.18 -
1,885,578.18 -
1,887,978.18 -
1,885,578.18 -
108,740,343.26 106,852,175.09 104,966,596.91 103,078,618.74
106,852,175.09 104,966,596.91 103,078,618.74 101,193,040.56
1,935,578.18 23,305,940.83
23,294,140.83
23,144,140.83 -
1,885,578.18 -
1,885,578.18 -
1,885,578.18 -
18,368,695.67 -
18,368,695.67
101,193,040.56 99,257,462.39 122,563,403.21 145,857,544.04 169,001,684.86 167,116,106.69 165,230,528.51 163,344,950.34
163,344,950.34
99,257,462.39 122,563,403.21 145,857,544.04 169,001,684.86 167,116,106.69 165,230,528.51 163,344,950.34 144,976,254.67 144,976,254.67
126

Interest Increase 10%
Cash Flow Activity
Net Income
JAN
FEB
MAR
APR
MAY
2,218,017.18 -
230,849.00
1,987,168.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,217,827.18 -
230,849.00
1,986,978.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,265,427.18
230,849.00
2,034,578.18
JUN
24,296,091.83
230,849.00
24,526,940.83
JUL
24,284,291.83
230,849.00
24,515,140.83
AUG
SEP
OCT
NOV
DEC
Year 2011
24,134,291.83 -
230,849.00
24,365,140.83 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,215,427.18
230,849.00
1,984,578.18
52,720,840.90
2,770,188.00
55,491,028.90
17,397,877.50
17,397,877.50 -
17,397,877.50
17,397,877.50
Investment by owner
-
1,987,168.18 -
1,984,578.18 -
1,986,978.18 -
1,984,578.18 -
2,034,578.18 24,526,940.83
24,515,140.83
24,365,140.83 -
1,984,578.18 -
1,984,578.18 -
1,984,578.18 -
19,382,455.67 -
19,382,455.67
144,976,254.67 142,989,086.49 141,004,508.32 139,017,530.14 137,032,951.97 134,998,373.79 159,525,314.62 184,040,455.44 208,405,596.27 206,421,018.09 204,436,439.92 202,451,861.74
202,451,861.74
142,989,086.49 141,004,508.32 139,017,530.14 137,032,951.97 134,998,373.79 159,525,314.62 184,040,455.44 208,405,596.27 206,421,018.09 204,436,439.92 202,451,861.74 183,069,406.07 183,069,406.07
127
Interest increase 15% (34.5%)

Cash Flow Activity
Net Income
12,022,000.00
13,134,060.00
25,156,060.00
40,000,000.00
Investment by owner
JAN
FEB
MAR
APR
MAY
1,258,219.60 -
230,849.00
1,027,370.60 -
1,362,714.60 -
230,849.00
1,131,865.60 -
1,362,524.60 -
230,849.00
1,131,675.60 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,410,124.60
230,849.00
1,179,275.60
JUN
13,711,394.40
230,849.00
13,942,243.40
JUL
13,699,594.40
230,849.00
13,930,443.40
AUG
SEP
OCT
NOV
DEC
13,549,594.40 -
230,849.00
13,780,443.40 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,360,124.60 -
230,849.00
1,129,275.60 -
1,360,124.60
230,849.00
1,129,275.60
28,766,376.80
2,770,188.00
31,536,564.80
12,022,000.00
13,134,060.00
25,156,060.00
9,924,400.00
9,924,400.00
40,000,000.00
9,924,400.00
30,075,600.00
1,129,275.60 -
11,053,675.60 -
48,639,056.00
47,509,780.40
47,509,780.40 36,456,104.80
11,053,675.60
47,509,780.40
36,456,104.80
40,000,000.00
13,816,569.40 -
1,131,865.60 -
1,131,675.60 -
1,129,275.60 -
13,816,569.40
12,684,703.80
11,553,028.20
13,816,569.40 12,684,703.80 11,553,028.20 10,423,752.60
1,179,275.60 13,942,243.40
13,930,443.40
13,780,443.40 -
1,129,275.60 -
1,129,275.60 -
10,423,752.60
9,244,477.00
23,186,720.40
37,117,163.80
50,897,607.20
49,768,331.60
9,244,477.00 23,186,720.40 37,117,163.80 50,897,607.20 49,768,331.60 48,639,056.00
Year 2012
128

Cash Flow Activity
Net Income
JAN
FEB
MAR
APR
MAY
2,185,017.18 -
230,849.00
1,954,168.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,184,827.18 -
230,849.00
1,953,978.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,232,427.18
230,849.00
2,001,578.18
JUN
23,889,091.83
230,849.00
24,119,940.83
JUL
23,877,291.83
230,849.00
24,108,140.83
AUG
SEP
OCT
NOV
DEC
Year 2013
23,727,291.83 -
230,849.00
23,958,140.83 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,182,427.18 -
230,849.00
1,951,578.18 -
2,182,427.18
230,849.00
1,951,578.18
51,796,840.90
2,770,188.00
54,567,028.90
17,869,910.11
17,869,910.11 -
17,869,910.11
17,869,910.11
1,951,578.18 -
19,821,488.29 -
94,926,290.05
92,974,711.88
92,974,711.88 73,153,223.59
19,821,488.29
92,974,711.88
73,153,223.59
Investment by owner
1,954,168.18 -
1,951,578.18 -
1,953,978.18 -
1,951,578.18 -
36,456,104.80 34,501,936.63
32,550,358.45 30,596,380.28
34,501,936.63 32,550,358.45 30,596,380.28 28,644,802.10
2,001,578.18 24,119,940.83 24,108,140.83 23,958,140.83 -

1,951,578.18 -
1,951,578.18 -
28,644,802.10 26,643,223.93 50,763,164.75 74,871,305.58 98,829,446.40
96,877,868.23
26,643,223.93 50,763,164.75 74,871,305.58 98,829,446.40 96,877,868.23 94,926,290.05
129

Cash Flow Activity
Net Income
JAN
FEB
MAR
APR
MAY
2,020,017.18 -
230,849.00
1,789,168.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,019,827.18 -
230,849.00
1,788,978.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,067,427.18
230,849.00
1,836,578.18
JUN
21,854,091.83
230,849.00
22,084,940.83
JUL
21,842,291.83
230,849.00
22,073,140.83
AUG
SEP
OCT
NOV
DEC
Year 2014
21,692,291.83 -
230,849.00
21,923,140.83 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,017,427.18 -
230,849.00
1,786,578.18 -
2,017,427.18
230,849.00
1,786,578.18
47,176,840.90
2,770,188.00
49,947,028.90
16,276,010.11
16,276,010.11 -
16,276,010.11
16,276,010.11
Investment by owner
1,789,168.18 -
1,786,578.18 -
1,788,978.18 -
1,786,578.18 -
73,153,223.59 71,364,055.42
69,577,477.24
67,788,499.07
71,364,055.42 69,577,477.24 67,788,499.07 66,001,920.89
1,836,578.18 22,084,940.83
22,073,140.83
21,923,140.83 -
1,786,578.18 -
1,786,578.18 -
1,786,578.18 -
18,062,588.29 -
18,062,588.29
66,001,920.89 64,165,342.72
86,250,283.54 108,323,424.37 130,246,565.19 128,459,987.02 126,673,408.84 124,886,830.67
124,886,830.67
64,165,342.72 86,250,283.54 108,323,424.37 130,246,565.19 128,459,987.02 126,673,408.84 124,886,830.67 106,824,242.38 106,824,242.38
130

Cash Flow Activity
Net Income
JAN
FEB
MAR
APR
MAY
2,119,017.18 -
230,849.00
1,888,168.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,118,827.18 -
230,849.00
1,887,978.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,166,427.18
230,849.00
1,935,578.18
JUN
23,075,091.83
230,849.00
23,305,940.83
JUL
23,063,291.83
230,849.00
23,294,140.83
AUG
SEP
OCT
NOV
DEC
Year 2015
22,913,291.83 -
230,849.00
23,144,140.83 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,116,427.18 -
230,849.00
1,885,578.18 -
2,116,427.18
230,849.00
1,885,578.18
49,948,840.90
2,770,188.00
52,719,028.90
17,232,350.11
17,232,350.11 -
17,232,350.11
17,232,350.11
Investment by owner
-
1,888,168.18 -
1,885,578.18 -
1,887,978.18 -
1,885,578.18 -
106,824,242.38 104,936,074.21 103,050,496.03 101,162,517.86
104,936,074.21 103,050,496.03 101,162,517.86 99,276,939.68
1,935,578.18 23,305,940.83
23,294,140.83
23,144,140.83 -
1,885,578.18 -
1,885,578.18 -
1,885,578.18 -
19,117,928.29 -
19,117,928.29
99,276,939.68 97,341,361.51 120,647,302.33 143,941,443.16 167,085,583.98 165,200,005.81 163,314,427.63 161,428,849.46
161,428,849.46
97,341,361.51 120,647,302.33 143,941,443.16 167,085,583.98 165,200,005.81 163,314,427.63 161,428,849.46 142,310,921.17 142,310,921.17
131


Cash Flow Activity
Net Income
JAN
FEB
MAR
APR
MAY
2,218,017.18 -
230,849.00
1,987,168.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,217,827.18 -
230,849.00
1,986,978.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,265,427.18
230,849.00
2,034,578.18
JUN
24,296,091.83
230,849.00
24,526,940.83
JUL
24,284,291.83
230,849.00
24,515,140.83
AUG
24,134,291.83 -
230,849.00
24,365,140.83 -
SEP
OCT
NOV
DEC
Year 2016
2,215,427.18 -
230,849.00
1,984,578.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,215,427.18 -
230,849.00
1,984,578.18 -
2,215,427.18
230,849.00
1,984,578.18
52,720,840.90
2,770,188.00
55,491,028.90
18,188,690.11
18,188,690.11 -
18,188,690.11
18,188,690.11
Investment by owner
-
1,987,168.18 -
1,984,578.18 -
1,986,978.18 -
1,984,578.18 -
2,034,578.18 24,526,940.83
24,515,140.83
24,365,140.83 -
1,984,578.18 -
1,984,578.18 -
1,984,578.18 -
20,173,268.29 -
20,173,268.29
142,310,921.17 140,323,753.00 138,339,174.82 136,352,196.65 134,367,618.47 132,333,040.30 156,859,981.12 181,375,121.95 205,740,262.77 203,755,684.60 201,771,106.42 199,786,528.25
199,786,528.25
140,323,753.00 138,339,174.82 136,352,196.65 134,367,618.47 132,333,040.30 156,859,981.12 181,375,121.95 205,740,262.77 203,755,684.60 201,771,106.42 199,786,528.25 179,613,259.96 179,613,259.96
132
Cash flow Sale Decrease

Sale decrease 5%
Sale decrease 5%
Cash Flow Activity
Net Income
Investment by owner
5.00%
JAN
5.00%
FEB
5.00%
MAR
5.00%
APR
5.00%
MAY
1,174,219.60 -
230,849.00
943,370.60 -
1,278,714.60 -
230,849.00
1,047,865.60 -
1,278,524.60 -
230,849.00
1,047,675.60 -
1,276,124.60 -
230,849.00
1,045,275.60 -
1,326,124.60 12,675,394.40
230,849.00
230,849.00
1,095,275.60 12,906,243.40
12,022,000.00
13,134,060.00
25,156,060.00
40,000,000.00
40,000,000.00
5.00%
JUN
5.00%
JUL
5.00%
AUG
5.00%
SEP
5.00%
OCT
12,663,594.40
230,849.00
12,894,443.40
12,513,594.40 -
230,849.00
12,744,443.40 -
1,276,124.60 -
230,849.00
1,045,275.60 -
1,276,124.60 -
230,849.00
1,045,275.60 -
5.00%
NOV
5.00%
DEC
1,276,124.60 -
230,849.00
1,045,275.60 -
Year 2012
1,276,124.60
230,849.00
1,045,275.60
26,414,376.80
2,770,188.00
29,184,564.80
12,022,000.00
13,134,060.00
25,156,060.00
7,924,313.04
7,924,313.04
40,000,000.00
7,924,313.04
32,075,686.96
13,900,569.40 - 1,047,865.60 - 1,047,675.60 - 1,045,275.60 - 1,095,275.60 12,906,243.40 12,894,443.40 12,744,443.40 - 1,045,275.60 - 1,045,275.60 -
1,045,275.60 -
8,969,588.64 - 8,969,588.64
13,900,569.40 12,852,703.80 11,805,028.20 10,759,752.60 9,664,477.00 22,570,720.40 35,465,163.80 48,209,607.20 47,164,331.60
46,119,056.00 45,073,780.40 45,073,780.40
13,900,569.40 12,852,703.80 11,805,028.20 10,759,752.60 9,664,477.00 22,570,720.40 35,465,163.80 48,209,607.20 47,164,331.60 46,119,056.00 45,073,780.40 36,104,191.76 36,104,191.76
133

Sale decreasec5%
Cash Flow Activity
Net Income
5.00%
JAN
5.00%
FEB
5.00%
MAR
5.00%
APR
5.00%
MAY
5.00%
JUN
2,059,767.18 -
230,849.00
1,828,918.18 -
2,057,177.18 -
230,849.00
1,826,328.18 -
2,059,577.18 -
230,849.00
1,828,728.18 -
2,057,177.18 -
230,849.00
1,826,328.18 -
2,107,177.18 22,344,341.83
230,849.00
230,849.00
1,876,328.18 22,575,190.83
5.00%
JUL
5.00%
AUG
5.00%
SEP
5.00%
OCT
22,332,541.83
230,849.00
22,563,390.83
22,182,541.83 -
230,849.00
22,413,390.83 -
2,057,177.18 -
230,849.00
1,826,328.18 -
2,057,177.18 -
230,849.00
1,826,328.18 -
5.00%
NOV
5.00%
DEC
Year 2013
2,057,177.18 -
230,849.00
1,826,328.18 -
2,057,177.18
230,849.00
1,826,328.18
48,289,840.90
2,770,188.00
51,060,028.90
14,486,952.27
14,486,952.27 -
14,486,952.27
14,486,952.27
Investment by owner
-
1,828,918.18 - 1,826,328.18 - 1,828,728.18 - 1,826,328.18 - 1,876,328.18 22,575,190.83 22,563,390.83 22,413,390.83 - 1,826,328.18 - 1,826,328.18 -
1,826,328.18 - 16,313,280.45 - 16,313,280.45
36,104,191.76 34,275,273.59 32,448,945.41 30,620,217.24 28,793,889.06 26,917,560.89 49,492,751.71 72,056,142.54 94,469,533.36 92,643,205.19 90,816,877.01 88,990,548.84 88,990,548.84
34,275,273.59 32,448,945.41 30,620,217.24 28,793,889.06 26,917,560.89 49,492,751.71 72,056,142.54 94,469,533.36 92,643,205.19 90,816,877.01 88,990,548.84 72,677,268.39 72,677,268.39
134

Sale decrease 5%
Cash Flow Activity
Net Income
5.00%
JAN
5.00%
FEB
5.00%
MAR
5.00%
APR
5.00%
MAY
5.00%
JUN
1,903,017.18 -
230,849.00
1,672,168.18 -
1,900,427.18 -
230,849.00
1,669,578.18 -
1,902,827.18 -
230,849.00
1,671,978.18 -
1,900,427.18 -
230,849.00
1,669,578.18 -
1,950,427.18 20,411,091.83
230,849.00
230,849.00
1,719,578.18 20,641,940.83
5.00%
JUL
5.00%
AUG
5.00%
SEP
5.00%
OCT
20,399,291.83
230,849.00
20,630,140.83
20,249,291.83 -
230,849.00
20,480,140.83 -
1,900,427.18 -
230,849.00
1,669,578.18 -
1,900,427.18 -
230,849.00
1,669,578.18 -
5.00%
NOV
5.00%
DEC
Year 2014
1,900,427.18 -
230,849.00
1,669,578.18 -
1,900,427.18
230,849.00
1,669,578.18
43,900,840.90
2,770,188.00
46,671,028.90
13,170,252.27
13,170,252.27 -
13,170,252.27
13,170,252.27
Investment by owner
-
1,672,168.18 - 1,669,578.18 - 1,671,978.18 - 1,669,578.18 - 1,719,578.18 20,641,940.83 20,630,140.83 20,480,140.83 - 1,669,578.18 - 1,669,578.18 -
1,669,578.18 - 14,839,830.45 - 14,839,830.45
72,677,268.39 71,005,100.22 69,335,522.04 67,663,543.87 65,993,965.69 64,274,387.52 84,916,328.34 105,546,469.17 126,026,609.99 124,357,031.82 122,687,453.64 121,017,875.47 121,017,875.47
71,005,100.22 69,335,522.04 67,663,543.87 65,993,965.69 64,274,387.52 84,916,328.34 105,546,469.17 126,026,609.99 124,357,031.82 122,687,453.64 121,017,875.47 106,178,045.02 106,178,045.02
135

Sale decrease 5%
Cash Flow Activity
Net Income
5.00%
JAN
5.00%
FEB
5.00%
MAR
5.00%
APR
5.00%
MAY
5.00%
JUN
1,997,067.18 -
230,849.00
1,766,218.18 -
1,994,477.18 -
230,849.00
1,763,628.18 -
1,996,877.18 -
230,849.00
1,766,028.18 -
1,994,477.18 -
230,849.00
1,763,628.18 -
2,044,477.18 21,571,041.83
230,849.00
230,849.00
1,813,628.18 21,801,890.83
5.00%
JUL
5.00%
AUG
5.00%
SEP
5.00%
OCT
21,559,241.83
230,849.00
21,790,090.83
21,409,241.83 -
230,849.00
21,640,090.83 -
1,994,477.18 -
230,849.00
1,763,628.18 -
1,994,477.18 -
230,849.00
1,763,628.18 -
5.00%
NOV
5.00%
DEC
Year 2015
1,994,477.18 -
230,849.00
1,763,628.18 -
1,994,477.18
230,849.00
1,763,628.18
46,534,240.90
2,770,188.00
49,304,428.90
13,960,272.27
13,960,272.27 -
13,960,272.27
13,960,272.27
Investment by owner
-
1,766,218.18 - 1,763,628.18 - 1,766,028.18 - 1,763,628.18 - 1,813,628.18 21,801,890.83 21,790,090.83 21,640,090.83 - 1,763,628.18 - 1,763,628.18 -
1,763,628.18 - 15,723,900.45 - 15,723,900.45
106,178,045.02 104,411,826.85 102,648,198.67 100,882,170.50 99,118,542.32 97,304,914.15 119,106,804.97 140,896,895.80 162,536,986.62 160,773,358.45 159,009,730.27 157,246,102.10 157,246,102.10
104,411,826.85 102,648,198.67 100,882,170.50 99,118,542.32 97,304,914.15 119,106,804.97 140,896,895.80 162,536,986.62 160,773,358.45 159,009,730.27 157,246,102.10 141,522,201.65 141,522,201.65
136

Sale decrease 5%
Cash Flow Activity
Net Income
5.00%
JAN
5.00%
FEB
5.00%
MAR
5.00%
APR
5.00%
MAY
5.00%
JUN
2,091,117.18 -
230,849.00
1,860,268.18 -
2,088,527.18 -
230,849.00
1,857,678.18 -
2,090,927.18 -
230,849.00
1,860,078.18 -
2,088,527.18 -
230,849.00
1,857,678.18 -
2,138,527.18 22,730,991.83
230,849.00
230,849.00
1,907,678.18 22,961,840.83
5.00%
JUL
5.00%
AUG
5.00%
SEP
5.00%
OCT
22,719,191.83
230,849.00
22,950,040.83
22,569,191.83 -
230,849.00
22,800,040.83 -
2,088,527.18 -
230,849.00
1,857,678.18 -
2,088,527.18 -
230,849.00
1,857,678.18 -
5.00%
NOV
5.00%
DEC
Year 2016
2,088,527.18 -
230,849.00
1,857,678.18 -
2,088,527.18
230,849.00
1,857,678.18
49,167,640.90
2,770,188.00
51,937,828.90
14,750,292.27
14,750,292.27 -
14,750,292.27
14,750,292.27
Investment by owner
-
1,860,268.18 - 1,857,678.18 - 1,860,078.18 - 1,857,678.18 - 1,907,678.18 22,961,840.83 22,950,040.83 22,800,040.83 - 1,857,678.18 - 1,857,678.18 -
1,857,678.18 - 16,607,970.45 - 16,607,970.45
141,522,201.65 139,661,933.48 137,804,255.30 135,944,177.13 134,086,498.95 132,178,820.78 155,140,661.60 178,090,702.43 200,890,743.25 199,033,065.08 197,175,386.90 195,317,708.73 195,317,708.73
139,661,933.48 137,804,255.30 135,944,177.13 134,086,498.95 132,178,820.78 155,140,661.60 178,090,702.43 200,890,743.25 199,033,065.08 197,175,386.90 195,317,708.73 178,709,738.28 178,709,738.28
137
Sale decrease 10%

Sale decrease 10%
Cash Flow Activity
Net Income
1,090,219.60 -
230,849.00
859,370.60 -
12,022,000.00
13,134,060.00
25,156,060.00
40,000,000.00
Investment by owner
10.00%
JAN
40,000,000.00
13,984,569.40 -
13,984,569.40
10.00%
FEB
1,194,714.60 -
230,849.00
963,865.60 -
963,865.60 -
13,984,569.40
13,020,703.80
10.00%
MAR
1,194,524.60 -
230,849.00
963,675.60 -
963,675.60 -
13,020,703.80
12,057,028.20
10.00%
APR
1,192,124.60 -
230,849.00
961,275.60 -
961,275.60 -
12,057,028.20
11,095,752.60
10.00%
MAY
1,242,124.60
230,849.00
1,011,275.60
1,011,275.60
11,095,752.60
10,084,477.00
10.00%
JUN
11,639,394.40
230,849.00
11,870,243.40
11,870,243.40
10,084,477.00
21,954,720.40
10.00%
JUL
11,627,594.40
230,849.00
11,858,443.40
11,858,443.40
21,954,720.40
33,813,163.80
10.00%
AUG
11,477,594.40 -
230,849.00
11,708,443.40 -
11,708,443.40 -
33,813,163.80
45,521,607.20
10.00%
SEP
1,192,124.60 -
230,849.00
961,275.60 -
961,275.60 -
45,521,607.20
44,560,331.60
10.00%
OCT
1,192,124.60 -
230,849.00
961,275.60 -
961,275.60 -
44,560,331.60
43,599,056.00
10.00%
NOV
10.00%
DEC
Year 2012
1,192,124.60
230,849.00
961,275.60
24,062,376.80
2,770,188.00
26,832,564.80
12,022,000.00
13,134,060.00
25,156,060.00
7,218,713.04
7,218,713.04
40,000,000.00
7,218,713.04
32,781,286.96
961,275.60 -
43,599,056.00
42,637,780.40
8,179,988.64 -
42,637,780.40
34,457,791.76
8,179,988.64
42,637,780.40
34,457,791.76
1,192,124.60 -
230,849.00
961,275.60 -
138

Sale decrease 10%
Cash Flow Activity
Net Income
10.00%
JAN
-
1,934,517.18 -
230,849.00
1,703,668.18 -
10.00%
FEB
1,931,927.18 -
230,849.00
1,701,078.18 -
10.00%
MAR
1,934,327.18 -
230,849.00
1,703,478.18 -
10.00%
APR
1,931,927.18 -
230,849.00
1,701,078.18 -
10.00%
MAY
1,981,927.18
230,849.00
1,751,078.18
10.00%
JUN
20,799,591.83
230,849.00
21,030,440.83
10.00%
JUL
20,787,791.83
230,849.00
21,018,640.83
10.00%
AUG
20,637,791.83 -
230,849.00
20,868,640.83 -
10.00%
SEP
1,931,927.18 -
230,849.00
1,701,078.18 -
10.00%
OCT
1,931,927.18 -
230,849.00
1,701,078.18 -
10.00%
NOV
10.00%
DEC
Year 2013
1,931,927.18 -
230,849.00
1,701,078.18 -
1,931,927.18
230,849.00
1,701,078.18
44,782,840.90
2,770,188.00
47,553,028.90
13,434,852.27
13,434,852.27 -
13,434,852.27
13,434,852.27
1,701,078.18 -
85,412,977.01
83,711,898.84
15,135,930.45 -
83,711,898.84
68,575,968.39
15,135,930.45
83,711,898.84
68,575,968.39
Investment by owner
1,703,668.18 -
34,457,791.76
32,754,123.59
1,701,078.18 -
32,754,123.59
31,053,045.41
1,703,478.18 -
31,053,045.41
29,349,567.24
1,701,078.18 -
29,349,567.24
27,648,489.06
1,751,078.18
27,648,489.06
25,897,410.89
21,030,440.83
25,897,410.89
46,927,851.71
21,018,640.83
46,927,851.71
67,946,492.54
20,868,640.83 -
67,946,492.54
88,815,133.36
1,701,078.18 -
88,815,133.36
87,114,055.19
1,701,078.18 -
87,114,055.19
85,412,977.01
139

Sale decrease 10%
Cash Flow Activity
Net Income
10.00%
JAN
-
1,786,017.18 -
230,849.00
1,555,168.18 -
10.00%
FEB
1,783,427.18 -
230,849.00
1,552,578.18 -
10.00%
MAR
1,785,827.18 -
230,849.00
1,554,978.18 -
10.00%
APR
1,783,427.18 -
230,849.00
1,552,578.18 -
10.00%
MAY
1,833,427.18
230,849.00
1,602,578.18
10.00%
JUN
18,968,091.83
230,849.00
19,198,940.83
10.00%
JUL
18,956,291.83
230,849.00
19,187,140.83
10.00%
AUG
18,806,291.83 -
230,849.00
19,037,140.83 -
10.00%
SEP
1,783,427.18 -
230,849.00
1,552,578.18 -
10.00%
OCT
1,783,427.18 -
230,849.00
1,552,578.18 -
10.00%
NOV
10.00%
DEC
Year 2014
1,783,427.18 -
230,849.00
1,552,578.18 -
1,783,427.18
230,849.00
1,552,578.18
40,624,840.90
2,770,188.00
43,395,028.90
12,187,452.27
12,187,452.27 -
12,187,452.27
12,187,452.27
1,552,578.18 -
115,076,153.64
113,523,575.47
13,740,030.45 -
113,523,575.47
99,783,545.02
13,740,030.45
113,523,575.47
99,783,545.02
Investment by owner
1,555,168.18 -
68,575,968.39
67,020,800.22
1,552,578.18 -
67,020,800.22
65,468,222.04
1,554,978.18 -
65,468,222.04
63,913,243.87
1,552,578.18 -
63,913,243.87
62,360,665.69
1,602,578.18
62,360,665.69
60,758,087.52
19,198,940.83
60,758,087.52
79,957,028.34
19,187,140.83
79,957,028.34
99,144,169.17
19,037,140.83 -
99,144,169.17
118,181,309.99
1,552,578.18 -
118,181,309.99
116,628,731.82
1,552,578.18 -
116,628,731.82
115,076,153.64
140

Sale decrease 10%

Cash Flow Activity
Net Income
10.00%
JAN
-
1,875,117.18 -
230,849.00
1,644,268.18 -
10.00%
FEB
1,872,527.18 -
230,849.00
1,641,678.18 -
10.00%
MAR
1,874,927.18 -
230,849.00
1,644,078.18 -
10.00%
APR
1,872,527.18 -
230,849.00
1,641,678.18 -
10.00%
MAY
1,922,527.18
230,849.00
1,691,678.18
10.00%
JUN
20,066,991.83
230,849.00
20,297,840.83
10.00%
JUL
20,055,191.83
230,849.00
20,286,040.83
10.00%
AUG
19,905,191.83 -
230,849.00
20,136,040.83 -
10.00%
SEP
1,872,527.18 -
230,849.00
1,641,678.18 -
10.00%
OCT
1,872,527.18 -
230,849.00
1,641,678.18 -
10.00%
NOV
10.00%
DEC
Year 2015
1,872,527.18 -
230,849.00
1,641,678.18 -
1,872,527.18
230,849.00
1,641,678.18
43,119,640.90
2,770,188.00
45,889,828.90
12,935,892.27
12,935,892.27 -
12,935,892.27
12,935,892.27
1,641,678.18 -
148,956,730.27
147,315,052.10
14,577,570.45 -
147,315,052.10
132,737,481.65
14,577,570.45
147,315,052.10
132,737,481.65
Investment by owner
1,644,268.18 -
99,783,545.02
98,139,276.85
1,641,678.18 -
98,139,276.85
96,497,598.67
1,644,078.18 -
96,497,598.67
94,853,520.50
1,641,678.18 -
94,853,520.50
93,211,842.32
1,691,678.18
20,297,840.83
93,211,842.32
91,520,164.15
91,520,164.15 111,818,004.97
20,286,040.83
111,818,004.97
132,104,045.80
20,136,040.83 -
132,104,045.80
152,240,086.62
1,641,678.18 -
152,240,086.62
150,598,408.45
1,641,678.18 -
150,598,408.45
148,956,730.27
141

Sale decrease 10%

Cash Flow Activity
Net Income
10.00%
JAN
-
1,964,217.18 -
230,849.00
1,733,368.18 -
10.00%
FEB
1,961,627.18 -
230,849.00
1,730,778.18 -
10.00%
MAR
1,964,027.18 -
230,849.00
1,733,178.18 -
10.00%
APR
1,961,627.18 -
230,849.00
1,730,778.18 -
10.00%
MAY
2,011,627.18
230,849.00
1,780,778.18
10.00%
JUN
21,165,891.83
230,849.00
21,396,740.83
10.00%
JUL
21,154,091.83
230,849.00
21,384,940.83
10.00%
AUG
21,004,091.83 -
230,849.00
21,234,940.83 -
10.00%
SEP
1,961,627.18 -
230,849.00
1,730,778.18 -
10.00%
OCT
1,961,627.18 -
230,849.00
1,730,778.18 -
10.00%
NOV
10.00%
DEC
Year 2016
1,961,627.18 -
230,849.00
1,730,778.18 -
1,961,627.18
230,849.00
1,730,778.18
45,614,440.90
2,770,188.00
48,384,628.90
13,684,332.27
13,684,332.27 -
13,684,332.27
13,684,332.27
1,730,778.18 -
184,583,666.90
182,852,888.73
15,415,110.45 -
182,852,888.73
167,437,778.28
15,415,110.45
182,852,888.73
167,437,778.28
Investment by owner
1,733,368.18 -
1,730,778.18 -
132,737,481.65 131,004,113.48
131,004,113.48 129,273,335.30
1,733,178.18 -
1,730,778.18 -
129,273,335.30 127,540,157.13
127,540,157.13 125,809,378.95
1,780,778.18
21,396,740.83
125,809,378.95 124,028,600.78
124,028,600.78 145,425,341.60
21,384,940.83
145,425,341.60
166,810,282.43
21,234,940.83 -
166,810,282.43
188,045,223.25
1,730,778.18 -
188,045,223.25
186,314,445.08
1,730,778.18 -
186,314,445.08
184,583,666.90
142
Sale decrease 15%

Sale decrease 15 %
Cash Flow Activity
Net Income
1,006,219.60 -
230,849.00
775,370.60 -
12,022,000.00
13,134,060.00
25,156,060.00
40,000,000.00
Investment by owner
15.00%
JAN
40,000,000.00
14,068,569.40 -
14,068,569.40
15.00%
FEB
1,110,714.60 -
230,849.00
879,865.60 -
879,865.60 -
14,068,569.40
13,188,703.80
15.00%
MAR
1,110,524.60 -
230,849.00
879,675.60 -
879,675.60 -
13,188,703.80
12,309,028.20
15.00%
APR
1,108,124.60 -
230,849.00
877,275.60 -
877,275.60 -
12,309,028.20
11,431,752.60
15.00%
MAY
1,158,124.60
230,849.00
927,275.60
927,275.60
11,431,752.60
10,504,477.00
15.00%
JUN
10,603,394.40
230,849.00
10,834,243.40
10,834,243.40
10,504,477.00
21,338,720.40
15.00%
JUL
10,591,594.40
230,849.00
10,822,443.40
10,822,443.40
21,338,720.40
32,161,163.80
15.00%
AUG
10,441,594.40 -
230,849.00
10,672,443.40 -
10,672,443.40 -
32,161,163.80
42,833,607.20
15.00%
SEP
1,108,124.60 -
230,849.00
877,275.60 -
877,275.60 -
42,833,607.20
41,956,331.60
15.00%
OCT
1,108,124.60 -
230,849.00
877,275.60 -
877,275.60 -
41,956,331.60
41,079,056.00
15.00%
NOV
15.00%
DEC
Year 2012
1,108,124.60
230,849.00
877,275.60
21,710,376.80
2,770,188.00
24,480,564.80
12,022,000.00
13,134,060.00
25,156,060.00
6,513,113.04
6,513,113.04
40,000,000.00
6,513,113.04
33,486,886.96
877,275.60 -
41,079,056.00
40,201,780.40
7,390,388.64 -
40,201,780.40
32,811,391.76
7,390,388.64
40,201,780.40
32,811,391.76
1,108,124.60 -
230,849.00
877,275.60 -
143

Sale decrease 15%
Cash Flow Activity
Net Income
15.00%
JAN
-
1,809,267.18 -
230,849.00
1,578,418.18 -
15.00%
FEB
1,806,677.18 -
230,849.00
1,575,828.18 -
15.00%
MAR
1,809,077.18 -
230,849.00
1,578,228.18 -
15.00%
APR
1,806,677.18 -
230,849.00
1,575,828.18 -
15.00%
MAY
1,856,677.18
230,849.00
1,625,828.18
15.00%
JUN
19,254,841.83
230,849.00
19,485,690.83
15.00%
JUL
19,243,041.83
230,849.00
19,473,890.83
15.00%
AUG
19,093,041.83 -
230,849.00
19,323,890.83 -
15.00%
SEP
1,806,677.18 -
230,849.00
1,575,828.18 -
15.00%
OCT
1,806,677.18 -
230,849.00
1,575,828.18 -
15.00%
NOV
15.00%
DEC
Year 2013
1,806,677.18 -
230,849.00
1,575,828.18 -
1,806,677.18
230,849.00
1,575,828.18
41,275,840.90
2,770,188.00
44,046,028.90
12,382,752.27
12,382,752.27 -
12,382,752.27
12,382,752.27
1,575,828.18 -
80,009,077.01
78,433,248.84
13,958,580.45 -
78,433,248.84
64,474,668.39
13,958,580.45
78,433,248.84
64,474,668.39
Investment by owner
1,578,418.18 -
32,811,391.76
31,232,973.59
1,575,828.18 -
31,232,973.59
29,657,145.41
1,578,228.18 -
29,657,145.41
28,078,917.24
1,575,828.18 -
28,078,917.24
26,503,089.06
1,625,828.18
26,503,089.06
24,877,260.89
19,485,690.83
24,877,260.89
44,362,951.71
19,473,890.83
44,362,951.71
63,836,842.54
19,323,890.83 -
63,836,842.54
83,160,733.36
1,575,828.18 -
83,160,733.36
81,584,905.19
1,575,828.18 -
81,584,905.19
80,009,077.01
144

Sale decrease 15%
Cash Flow Activity
Net Income
15.00%
JAN
-
1,669,017.18 -
230,849.00
1,438,168.18 -
15.00%
FEB
1,666,427.18 -
230,849.00
1,435,578.18 -
15.00%
MAR
1,668,827.18 -
230,849.00
1,437,978.18 -
15.00%
APR
1,666,427.18 -
230,849.00
1,435,578.18 -
15.00%
MAY
1,716,427.18
230,849.00
1,485,578.18
15.00%
JUN
17,525,091.83
230,849.00
17,755,940.83
15.00%
JUL
17,513,291.83
230,849.00
17,744,140.83
15.00%
AUG
17,363,291.83 -
230,849.00
17,594,140.83 -
15.00%
SEP
1,666,427.18 -
230,849.00
1,435,578.18 -
15.00%
OCT
1,666,427.18 -
230,849.00
1,435,578.18 -
15.00%
NOV
15.00%
DEC
Year 2014
1,666,427.18 -
230,849.00
1,435,578.18 -
1,666,427.18
230,849.00
1,435,578.18
37,348,840.90
2,770,188.00
40,119,028.90
11,204,652.27
11,204,652.27 -
11,204,652.27
11,204,652.27
1,435,578.18 -
107,464,853.64
106,029,275.47
12,640,230.45 -
106,029,275.47
93,389,045.02
12,640,230.45
106,029,275.47
93,389,045.02
Investment by owner
1,438,168.18 -
64,474,668.39
63,036,500.22
1,435,578.18 -
63,036,500.22
61,600,922.04
1,437,978.18 -
61,600,922.04
60,162,943.87
1,435,578.18 -
60,162,943.87
58,727,365.69
1,485,578.18
58,727,365.69
57,241,787.52
17,755,940.83
57,241,787.52
74,997,728.34
17,744,140.83
74,997,728.34
92,741,869.17
17,594,140.83 -
92,741,869.17
110,336,009.99
1,435,578.18 -
110,336,009.99
108,900,431.82
1,435,578.18 -
108,900,431.82
107,464,853.64
145

Sale decrease 15%
Cash Flow Activity
Net Income
15.00%
JAN
-
1,753,167.18 -
230,849.00
1,522,318.18 -
15.00%
FEB
1,750,577.18 -
230,849.00
1,519,728.18 -
15.00%
MAR
1,752,977.18 -
230,849.00
1,522,128.18 -
15.00%
APR
1,750,577.18 -
230,849.00
1,519,728.18 -
15.00%
MAY
1,800,577.18
230,849.00
1,569,728.18
15.00%
JUN
18,562,941.83
230,849.00
18,793,790.83
15.00%
JUL
18,551,141.83
230,849.00
18,781,990.83
15.00%
AUG
18,401,141.83 -
230,849.00
18,631,990.83 -
15.00%
SEP
1,750,577.18 -
230,849.00
1,519,728.18 -
15.00%
OCT
1,750,577.18 -
230,849.00
1,519,728.18 -
15.00%
NOV
15.00%
DEC
Year 2015
1,750,577.18 -
230,849.00
1,519,728.18 -
1,750,577.18
230,849.00
1,519,728.18
39,705,040.90
2,770,188.00
42,475,228.90
11,911,512.27
11,911,512.27 -
11,911,512.27
11,911,512.27
1,519,728.18 -
138,903,730.27
137,384,002.10
13,431,240.45 -
137,384,002.10
123,952,761.65
13,431,240.45
137,384,002.10
123,952,761.65
Investment by owner
1,522,318.18 -
93,389,045.02
91,866,726.85
1,519,728.18 -
91,866,726.85
90,346,998.67
1,522,128.18 -
90,346,998.67
88,824,870.50
1,519,728.18 -
88,824,870.50
87,305,142.32
1,569,728.18
87,305,142.32
85,735,414.15
18,793,790.83
85,735,414.15
104,529,204.97
18,781,990.83
104,529,204.97
123,311,195.80
18,631,990.83 -
123,311,195.80
141,943,186.62
1,519,728.18 -
141,943,186.62
140,423,458.45
1,519,728.18 -
140,423,458.45
138,903,730.27
146

Sale decrease 15%

Cash Flow Activity
Net Income
15.00%
JAN
-
1,837,317.18 -
230,849.00
1,606,468.18 -
15.00%
FEB
1,834,727.18 -
230,849.00
1,603,878.18 -
15.00%
MAR
1,837,127.18 -
230,849.00
1,606,278.18 -
15.00%
APR
1,834,727.18 -
230,849.00
1,603,878.18 -
15.00%
MAY
1,884,727.18
230,849.00
1,653,878.18
15.00%
JUN
19,600,791.83
230,849.00
19,831,640.83
15.00%
JUL
19,588,991.83
230,849.00
19,819,840.83
15.00%
AUG
19,438,991.83 -
230,849.00
19,669,840.83 -
15.00%
SEP
1,834,727.18 -
230,849.00
1,603,878.18 -
15.00%
OCT
1,834,727.18 -
230,849.00
1,603,878.18 -
15.00%
NOV
15.00%
DEC
Year 2016
1,834,727.18 -
230,849.00
1,603,878.18 -
1,834,727.18
230,849.00
1,603,878.18
42,061,240.90
2,770,188.00
44,831,428.90
12,618,372.27
12,618,372.27 -
12,618,372.27
12,618,372.27
1,603,878.18 -
171,991,946.90
170,388,068.73
14,222,250.45 -
170,388,068.73
156,165,818.28
14,222,250.45
170,388,068.73
156,165,818.28
Investment by owner
1,606,468.18 -
123,952,761.65
122,346,293.48
1,603,878.18 -
122,346,293.48
120,742,415.30
1,606,278.18 -
120,742,415.30
119,136,137.13
1,603,878.18 -
119,136,137.13
117,532,258.95
1,653,878.18
117,532,258.95
115,878,380.78
19,831,640.83
115,878,380.78
135,710,021.60
19,819,840.83
135,710,021.60
155,529,862.43
19,669,840.83 -
155,529,862.43
175,199,703.25
1,603,878.18 -
175,199,703.25
173,595,825.08
1,603,878.18 -
173,595,825.08
171,991,946.90
147
Cash Flows Cost Increase

Cost increase 5%
Light Longan Asian Fruit
Cash Flow
Monthly cash flow activity in 2012
Cost increse 5%
Cash Flow Activity
Net Income
12,022,000.00
13,134,060.00
25,156,060.00
40,000,000.00
Investment by owner
5.00%
JAN
1,237,130.58 -
230,849.00
1,006,281.58 -
5.00%
FEB
5.00%
MAR
5.00%
APR
1,346,850.33 -
230,849.00
1,116,001.33 -
1,346,650.83 -
230,849.00
1,115,801.83 -
1,344,130.83 -
230,849.00
1,113,281.83 -
40,000,000.00
13,837,658.42 -
1,116,001.33 -
1,115,801.83 -
1,113,281.83 -
13,837,658.42 12,721,657.09 11,605,855.26
13,837,658.42 12,721,657.09 11,605,855.26 10,492,573.43
5.00%
MAY
1,396,630.83
230,849.00
1,165,781.83
5.00%
JUN
5.00%
JUL
5.00%
AUG
5.00%
SEP
5.00%
OCT
13,360,964.12
230,849.00
13,591,813.12
13,348,574.12
230,849.00
13,579,423.12
13,191,074.12 -
230,849.00
13,421,923.12 -
1,344,130.83 -
230,849.00
1,113,281.83 -
1,344,130.83 -
230,849.00
1,113,281.83 -
5.00%
NOV
5.00%
DEC
Year 2012
1,344,130.83
230,849.00
1,113,281.83
27,852,695.64
2,770,188.00
30,622,883.64
12,022,000.00
13,134,060.00
25,156,060.00
8,355,808.69
8,355,808.69
40,000,000.00
8,355,808.69
31,644,191.31
1,165,781.83 13,591,813.12 13,579,423.12 13,421,923.12 -

1,113,281.83 -
1,113,281.83 -
1,113,281.83 -
9,469,090.52 -
10,492,573.43
9,326,791.60 22,918,604.72 36,498,027.84 49,919,950.96 48,806,669.13
47,693,387.30 46,580,105.47
9,326,791.60 22,918,604.72 36,498,027.84 49,919,950.96 48,806,669.13 47,693,387.30 46,580,105.47 37,111,014.95
9,469,090.52
46,580,105.47
37,111,014.95
1,344,130.83 -
230,849.00
1,113,281.83 -
148

Cash Flow
Cost increse 5%
Cash Flow Activity
Net Income
Investment by owner
5.00%
JAN
5.00%
FEB
5.00%
MAR
5.00%
APR
5.00%
MAY
5.00%
JUN
5.00%
JUL
5.00%
AUG
5.00%
SEP
5.00%
OCT
5.00%
NOV
5.00%
DEC
1,237,130.58 -
230,849.00
1,006,281.58 -
1,346,850.33 -
230,849.00
1,116,001.33 -
1,346,650.83 -
230,849.00
1,115,801.83 -
1,344,130.83 -
230,849.00
1,113,281.83 -
1,396,630.83
230,849.00
1,165,781.83
13,360,964.12
230,849.00
13,591,813.12
13,348,574.12
230,849.00
13,579,423.12
13,191,074.12 -
230,849.00
13,421,923.12 -
1,344,130.83 -
230,849.00
1,113,281.83 -
1,344,130.83 -
230,849.00
1,113,281.83 -
1,344,130.83 -
230,849.00
1,113,281.83 -
1,344,130.83
230,849.00
1,113,281.83
27,852,695.64
2,770,188.00
30,622,883.64
12,022,000.00
13,134,060.00
25,156,060.00
12,022,000.00
13,134,060.00
25,156,060.00
40,000,000.00
8,355,808.69
8,355,808.69
40,000,000.00
8,355,808.69
31,644,191.31
40,000,000.00
13,837,658.42 - 1,116,001.33 -
1,115,801.83 - 1,113,281.83 -
13,837,658.42 12,721,657.09 11,605,855.26
13,837,658.42 12,721,657.09 11,605,855.26 10,492,573.43
Year 2012
1,165,781.83 13,591,813.12 13,579,423.12 13,421,923.12 - 1,113,281.83 -

1,113,281.83 -
1,113,281.83 -
9,469,090.52 -
9,469,090.52
10,492,573.43 9,326,791.60 22,918,604.72 36,498,027.84 49,919,950.96 48,806,669.13 47,693,387.30 46,580,105.47 46,580,105.47
9,326,791.60 22,918,604.72 36,498,027.84 49,919,950.96 48,806,669.13 47,693,387.30 46,580,105.47 37,111,014.95 37,111,014.95
149

Cash Flow
Cost increse 5%
Cash Flow Activity
Net Income
5.00%
JAN
5.00%
FEB
5.00%
MAR
5.00%
APR
5.00%
MAY
5.00%
JUN
5.00%
JUL
5.00%
AUG
5.00%
SEP
5.00%
OCT
5.00%
NOV
5.00%
DEC
2,004,018.03 -
230,849.00
1,773,169.03 -
2,001,298.53 -
230,849.00
1,770,449.53 -
2,003,818.53 -
230,849.00
1,772,969.53 -
2,001,298.53 -
230,849.00
1,770,449.53 -
2,053,798.53
230,849.00
1,822,949.53
21,503,796.42
230,849.00
21,734,645.42
21,491,406.42
230,849.00
21,722,255.42
21,333,906.42 -
230,849.00
21,564,755.42 -
2,001,298.53 -
230,849.00
1,770,449.53 -
2,001,298.53 -
230,849.00
1,770,449.53 -
2,001,298.53 -
230,849.00
1,770,449.53 -
2,001,298.53
230,849.00
1,770,449.53
46,259,682.95
2,770,188.00
49,029,870.95
13,877,904.88
13,877,904.88 -
13,877,904.88
13,877,904.88
Year 2014
Investment by owner
- 1,773,169.03 - 1,770,449.53 - 1,772,969.53 - 1,770,449.53 - 1,822,949.53 21,734,645.42 21,722,255.42 21,564,755.42 - 1,770,449.53 - 1,770,449.53 -
1,770,449.53 - 15,648,354.42 - 15,648,354.42
75,496,981.01 73,723,811.98 71,953,362.44 70,180,392.91 68,409,943.37 66,586,993.84 88,321,639.26 110,043,894.67 131,608,650.09 129,838,200.56 128,067,751.02 126,297,301.49 126,297,301.49
73,723,811.98 71,953,362.44 70,180,392.91 68,409,943.37 66,586,993.84 88,321,639.26 110,043,894.67 131,608,650.09 129,838,200.56 128,067,751.02 126,297,301.49 110,648,947.07 110,648,947.07
150

Cash Flow
Cost increse 5%
Cash Flow Activity
Net Income
5.00%
JAN
5.00%
FEB
5.00%
MAR
5.00%
APR
5.00%
MAY
5.00%
JUN
5.00%
JUL
5.00%
AUG
5.00%
SEP
5.00%
OCT
5.00%
NOV
5.00%
DEC
2,103,018.03 -
230,849.00
1,872,169.03 -
2,100,298.53 -
230,849.00
1,869,449.53 -
2,102,818.53 -
230,849.00
1,871,969.53 -
2,100,298.53 -
230,849.00
1,869,449.53 -
2,152,798.53
230,849.00
1,921,949.53
22,724,796.42
230,849.00
22,955,645.42
22,712,406.42
230,849.00
22,943,255.42
22,554,906.42 -
230,849.00
22,785,755.42 -
2,100,298.53 -
230,849.00
1,869,449.53 -
2,100,298.53 -
230,849.00
1,869,449.53 -
2,100,298.53 -
230,849.00
1,869,449.53 -
2,100,298.53
230,849.00
1,869,449.53
49,031,682.95
2,770,188.00
51,801,870.95
14,709,504.88
14,709,504.88 -
14,709,504.88
14,709,504.88
Year 2015
Investment by owner
-
1,872,169.03 - 1,869,449.53 -
1,871,969.53 - 1,869,449.53 -
1,921,949.53 22,955,645.42 22,943,255.42 22,785,755.42 - 1,869,449.53 -
1,869,449.53 -
1,869,449.53 - 16,578,954.42 - 16,578,954.42
110,648,947.07 108,776,778.04 106,907,328.50 105,035,358.97 103,165,909.44 101,243,959.90 124,199,605.32 147,142,860.73 169,928,616.15 168,059,166.62 166,189,717.08 164,320,267.55 164,320,267.55
108,776,778.04 106,907,328.50 105,035,358.97 103,165,909.44 101,243,959.90 124,199,605.32 147,142,860.73 169,928,616.15 168,059,166.62 166,189,717.08 164,320,267.55 147,741,313.13 147,741,313.13
151

Cash Flow
Cost increse 5%
Cash Flow Activity
Net Income
5.00%
JAN
5.00%
FEB
5.00%
MAR
5.00%
APR
5.00%
MAY
5.00%
JUN
5.00%
JUL
5.00%
AUG
5.00%
SEP
5.00%
OCT
5.00%
NOV
5.00%
DEC
2,202,018.03 -
230,849.00
1,971,169.03 -
2,199,298.53 -
230,849.00
1,968,449.53 -
2,201,818.53 -
230,849.00
1,970,969.53 -
2,199,298.53 -
230,849.00
1,968,449.53 -
2,251,798.53
230,849.00
2,020,949.53
23,945,796.42
230,849.00
24,176,645.42
23,933,406.42
230,849.00
24,164,255.42
23,775,906.42 -
230,849.00
24,006,755.42 -
2,199,298.53 -
230,849.00
1,968,449.53 -
2,199,298.53 -
230,849.00
1,968,449.53 -
2,199,298.53 -
230,849.00
1,968,449.53 -
2,199,298.53
230,849.00
1,968,449.53
51,803,682.95
2,770,188.00
54,573,870.95
15,541,104.88
15,541,104.88 -
15,541,104.88
15,541,104.88
Year 2016
Investment by owner
-
1,971,169.03 - 1,968,449.53 - 1,970,969.53 - 1,968,449.53 -
2,020,949.53 24,176,645.42 24,164,255.42 24,006,755.42 - 1,968,449.53 - 1,968,449.53 -
1,968,449.53 - 17,509,554.42 - 17,509,554.42
147,741,313.13 145,770,144.10 143,801,694.57 141,830,725.03 139,862,275.50 137,841,325.96 162,017,971.38 186,182,226.80 210,188,982.21 208,220,532.68 206,252,083.15 204,283,633.61 204,283,633.61
145,770,144.10 143,801,694.57 141,830,725.03 139,862,275.50 137,841,325.96 162,017,971.38 186,182,226.80 210,188,982.21 208,220,532.68 206,252,083.15 204,283,633.61 186,774,079.19 186,774,079.19
152
Cost increase 10%

Cash Flow
Cost increse 10%

Cash Flow Activity
Net Income
1,216,041.56 -
230,849.00
985,192.56 -
12,022,000.00
13,134,060.00
25,156,060.00
40,000,000.00
Investment by owner
10.00%
JAN
10.00%
FEB
1,330,986.06 -
230,849.00
1,100,137.06 -
10.00%
MAR
1,330,777.06 -
230,849.00
1,099,928.06 -
10.00%
APR
1,328,137.06 -
230,849.00
1,097,288.06 -
40,000,000.00
13,858,747.44 - 1,100,137.06 -
1,099,928.06 - 1,097,288.06 -
13,858,747.44 12,758,610.38 11,658,682.32
13,858,747.44 12,758,610.38 11,658,682.32 10,561,394.26
10.00%
MAY
1,383,137.06
230,849.00
1,152,288.06
10.00%
JUN
10.00%
JUL
10.00%
AUG
13,010,533.84
230,849.00
13,241,382.84
12,997,553.84
230,849.00
13,228,402.84
12,832,553.84 -
230,849.00
13,063,402.84 -
10.00%
SEP
1,328,137.06 -
230,849.00
1,097,288.06 -
10.00%
OCT
1,328,137.06 -
230,849.00
1,097,288.06 -
10.00%
NOV
10.00%
DEC
1,328,137.06 -
230,849.00
1,097,288.06 -
Year 2011
1,328,137.06
230,849.00
1,097,288.06
26,939,014.48
2,770,188.00
29,709,202.48
12,022,000.00
13,134,060.00
25,156,060.00
8,081,704.34
8,081,704.34
40,000,000.00
8,081,704.34
31,918,295.66
1,152,288.06 13,241,382.84 13,228,402.84 13,063,402.84 - 1,097,288.06 -

1,097,288.06 -
1,097,288.06 -
9,178,992.40 -
9,178,992.40
10,561,394.26 9,409,106.20 22,650,489.04 35,878,891.88 48,942,294.72 47,845,006.66 46,747,718.60 45,650,430.54 45,650,430.54
9,409,106.20 22,650,489.04 35,878,891.88 48,942,294.72 47,845,006.66 46,747,718.60 45,650,430.54 36,471,438.14 36,471,438.14
153

Cash Flow
Cost increse 10%

Net Income
10.00%
-
2,153,018.89 -
230,849.00
1,922,169.89 -
10.00%
10.00%
10.00%
2,150,169.89 -
230,849.00
1,919,320.89 -
2,152,809.89 -
230,849.00
1,921,960.89 -
2,150,169.89 -
230,849.00
1,919,320.89 -
10.00%
10.00%
10.00%
10.00%
2,205,169.89 23,188,501.01 23,175,521.01 23,010,521.01 -

230,849.00 230,849.00
230,849.00
230,849.00
1,974,320.89 23,419,350.01 23,406,370.01 23,241,370.01 -
10.00%
10.00%
2,150,169.89 -
230,849.00
1,919,320.89 -
2,150,169.89 -
230,849.00
1,919,320.89 -
10.00%
10.00%
2,150,169.89 -
230,849.00
1,919,320.89 -
2,150,169.89
230,849.00
1,919,320.89
49,962,524.99
2,770,188.00
52,732,712.99
14,988,757.50
14,988,757.50 -
14,988,757.50
14,988,757.50
Investment by owner
- 1,922,169.89 - 1,919,320.89 - 1,921,960.89 - 1,919,320.89 - 1,974,320.89 23,419,350.01 23,406,370.01 23,241,370.01 - 1,919,320.89 - 1,919,320.89 - 1,919,320.89 - 16,908,078.39 - 16,908,078.39
36,471,438.14 34,549,268.24 32,629,947.35 30,707,986.46 28,788,665.57 26,814,344.67 50,233,694.68 73,640,064.69 96,881,434.70 94,962,113.80 93,042,792.91 91,123,472.02 91,123,472.02
34,549,268.24 32,629,947.35 30,707,986.46 28,788,665.57 26,814,344.67 50,233,694.68 73,640,064.69 96,881,434.70 94,962,113.80 93,042,792.91 91,123,472.02 74,215,393.63 74,215,393.63
154

Cash Flow
Cost increse 10%

Net Income
10.00%
-
1,988,018.89 -
230,849.00
1,757,169.89 -
10.00%
1,985,169.89 -
230,849.00
1,754,320.89 -
10.00%
1,987,809.89 -
230,849.00
1,756,960.89 -
10.00%
1,985,169.89 -
230,849.00
1,754,320.89 -
10.00%
2,040,169.89
230,849.00
1,809,320.89
10.00%
10.00%
10.00%
10.00%
21,153,501.01
230,849.00
21,384,350.01
21,140,521.01
230,849.00
21,371,370.01
20,975,521.01 -
230,849.00
21,206,370.01 -
1,985,169.89 -
230,849.00
1,754,320.89 -
10.00%
1,985,169.89 -
230,849.00
1,754,320.89 -
10.00%
10.00%
1,985,169.89 -
230,849.00
1,754,320.89 -
1,985,169.89
230,849.00
1,754,320.89
45,342,524.99
2,770,188.00
48,112,712.99
13,602,757.50
13,602,757.50 -
13,602,757.50
13,602,757.50
Investment by owner
- 1,757,169.89 - 1,754,320.89 - 1,756,960.89 - 1,754,320.89 - 1,809,320.89 21,384,350.01 21,371,370.01 21,206,370.01 - 1,754,320.89 - 1,754,320.89 -
1,754,320.89 - 15,357,078.39 - 15,357,078.39
74,215,393.63 72,458,223.74 70,703,902.84 68,946,941.95 67,192,621.06 65,383,300.17 86,767,650.17 108,139,020.18 129,345,390.19 127,591,069.30 125,836,748.40 124,082,427.51 124,082,427.51
72,458,223.74 70,703,902.84 68,946,941.95 67,192,621.06 65,383,300.17 86,767,650.17 108,139,020.18 129,345,390.19 127,591,069.30 125,836,748.40 124,082,427.51 108,725,349.12 108,725,349.12
155

Cash Flow
Cost increse 10%

Net Income
10.00%
-
2,087,018.89 -
230,849.00
1,856,169.89 -
10.00%
10.00%
10.00%
2,084,169.89 -
230,849.00
1,853,320.89 -
2,086,809.89 -
230,849.00
1,855,960.89 -
2,084,169.89 -
230,849.00
1,853,320.89 -
10.00%
10.00%
10.00%
10.00%
2,139,169.89 22,374,501.01 22,361,521.01 22,196,521.01 -

230,849.00 230,849.00
230,849.00
230,849.00
1,908,320.89 22,605,350.01 22,592,370.01 22,427,370.01 -
10.00%
10.00%
2,084,169.89 -
230,849.00
1,853,320.89 -
2,084,169.89 -
230,849.00
1,853,320.89 -
10.00%
10.00%
2,084,169.89 -
230,849.00
1,853,320.89 -
2,084,169.89
230,849.00
1,853,320.89
48,114,524.99
2,770,188.00
50,884,712.99
14,434,357.50
14,434,357.50 -
14,434,357.50
14,434,357.50
Investment by owner
- 1,856,169.89 - 1,853,320.89 - 1,855,960.89 - 1,853,320.89 - 1,908,320.89 22,605,350.01 22,592,370.01 22,427,370.01 - 1,853,320.89 - 1,853,320.89 - 1,853,320.89 - 16,287,678.39 - 16,287,678.39
108,725,349.12 106,869,179.23 105,015,858.34 103,159,897.44 101,306,576.55 99,398,255.66 122,003,605.67 144,595,975.67 167,023,345.68 165,170,024.79 163,316,703.90 161,463,383.00 161,463,383.00
106,869,179.23 105,015,858.34 103,159,897.44 101,306,576.55 99,398,255.66 122,003,605.67 144,595,975.67 167,023,345.68 165,170,024.79 163,316,703.90 161,463,383.00 145,175,704.62 145,175,704.62
156

Cash Flow
Cost increse 10%

Net Income
10.00%
-
2,186,018.89 -
230,849.00
1,955,169.89 -
10.00%
2,183,169.89 -
230,849.00
1,952,320.89 -
10.00%
2,185,809.89 -
230,849.00
1,954,960.89 -
10.00%
2,183,169.89 -
230,849.00
1,952,320.89 -
10.00%
10.00%
2,238,169.89 23,595,501.01
230,849.00
230,849.00
2,007,320.89 23,826,350.01
10.00%
10.00%
10.00%
23,582,521.01
230,849.00
23,813,370.01
23,417,521.01 -
230,849.00
23,648,370.01 -
2,183,169.89 -
230,849.00
1,952,320.89 -
10.00%
2,183,169.89 -
230,849.00
1,952,320.89 -
10.00%
10.00%
2,183,169.89 -
230,849.00
1,952,320.89 -
2,183,169.89
230,849.00
1,952,320.89
50,886,524.99
2,770,188.00
53,656,712.99
15,265,957.50
15,265,957.50 -
15,265,957.50
15,265,957.50
Investment by owner
- 1,955,169.89 - 1,952,320.89 - 1,954,960.89 - 1,952,320.89 - 2,007,320.89 23,826,350.01 23,813,370.01 23,648,370.01 - 1,952,320.89 - 1,952,320.89 - 1,952,320.89 - 17,218,278.39 - 17,218,278.39
145,175,704.62 143,220,534.72 141,268,213.83 139,313,252.94 137,360,932.05 135,353,611.15 159,179,961.16 182,993,331.17 206,641,701.18 204,689,380.28 202,737,059.39 200,784,738.50 200,784,738.50
143,220,534.72 141,268,213.83 139,313,252.94 137,360,932.05 135,353,611.15 159,179,961.16 182,993,331.17 206,641,701.18 204,689,380.28 202,737,059.39 200,784,738.50 183,566,460.11 183,566,460.11
157
Cost increase 15%

Cash Flow
Cost increse 15%
Cash Flow Activity
Net Income
1,194,952.54 -
230,849.00
964,103.54 -
Investment by owner
15.00%
JAN
15.00%
FEB
15.00%
MAR
15.00%
APR
15.00%
MAY
15.00%
JUL
15.00%
AUG
15.00%
SEP
12,660,103.56
230,849.00
12,890,952.56
12,646,533.56
230,849.00
12,877,382.56
12,474,033.56 -
230,849.00
12,704,882.56 -
1,312,143.29 -
230,849.00
1,081,294.29 -
15.00%
OCT
15.00%
NOV
15.00%
DEC
Year 2012
1,312,143.29
230,849.00
1,081,294.29
26,025,333.32
2,770,188.00
28,795,521.32
12,022,000.00
13,134,060.00
25,156,060.00
12,022,000.00
13,134,060.00
25,156,060.00
40,000,000.00
40,000,000.00
7,807,600.00
7,807,600.00
40,000,000.00
7,807,600.00
32,192,400.00
1,315,121.79 -
230,849.00
1,084,272.79 -
1,314,903.29 -
230,849.00
1,084,054.29 -
1,312,143.29 -
230,849.00
1,081,294.29 -
13,879,836.46 - 1,084,272.79 - 1,084,054.29 - 1,081,294.29 -

13,879,836.46 12,795,563.67 11,711,509.38
13,879,836.46 12,795,563.67 11,711,509.38 10,630,215.09
1,369,643.29
230,849.00
1,138,794.29
15.00%
JUN
1,312,143.29 -
230,849.00
1,081,294.29 -
1,312,143.29 -
230,849.00
1,081,294.29 -
1,138,794.29 12,890,952.56 12,877,382.56 12,704,882.56 - 1,081,294.29 - 1,081,294.29 -

1,081,294.29 - 8,888,894.29 -
8,888,894.29
10,630,215.09 9,491,420.80 22,382,373.36 35,259,755.92 47,964,638.48 46,883,344.19 45,802,049.90 44,720,755.61 44,720,755.61
9,491,420.80 22,382,373.36 35,259,755.92 47,964,638.48 46,883,344.19 45,802,049.90 44,720,755.61 35,831,861.32 35,831,861.32
158

Cash Flow
Cost increse 15%

Cash Flow Activity
Net Income
15.00%
JAN
-
2,137,019.75 -
230,849.00
1,906,170.75 -
15.00%
FEB
2,134,041.25 -
230,849.00
1,903,192.25 -
15.00%
MAR
2,136,801.25 -
230,849.00
1,905,952.25 -
15.00%
APR
2,134,041.25 -
230,849.00
1,903,192.25 -
15.00%
MAY
15.00%
JUN
2,191,541.25 22,838,205.60
230,849.00
230,849.00
1,960,692.25 23,069,054.60
15.00%
JUL
15.00%
AUG
15.00%
SEP
22,824,635.60
230,849.00
23,055,484.60
22,652,135.60 -
230,849.00
22,882,984.60 -
2,134,041.25 -
230,849.00
1,903,192.25 -
15.00%
OCT
2,134,041.25 -
230,849.00
1,903,192.25 -
15.00%
NOV
15.00%
DEC
Year 2013
2,134,041.25 -
230,849.00
1,903,192.25 -
2,134,041.25
230,849.00
1,903,192.25
49,045,367.04
2,770,188.00
51,815,555.04
14,713,610.11
14,713,610.11 -
14,713,610.11
14,713,610.11
Investment by owner
- 1,906,170.75 - 1,903,192.25 - 1,905,952.25 - 1,903,192.25 - 1,960,692.25 23,069,054.60 23,055,484.60 22,882,984.60 - 1,903,192.25 - 1,903,192.25 - 1,903,192.25 - 16,616,802.36 - 16,616,802.36
35,831,861.32 33,925,690.57 32,022,498.32 30,116,546.07 28,213,353.82 26,252,661.57 49,321,716.17 72,377,200.77 95,260,185.36 93,356,993.11 91,453,800.86 89,550,608.61 89,550,608.61
33,925,690.57 32,022,498.32 30,116,546.07 28,213,353.82 26,252,661.57 49,321,716.17 72,377,200.77 95,260,185.36 93,356,993.11 91,453,800.86 89,550,608.61 72,933,806.25 72,933,806.25
159

Cash Flow
Cost increse 15%

Cash Flow Activity
Net Income
15.00%
JAN
-
1,972,019.75 -
230,849.00
1,741,170.75 -
15.00%
FEB
1,969,041.25 -
230,849.00
1,738,192.25 -
15.00%
MAR
1,971,801.25 -
230,849.00
1,740,952.25 -
15.00%
APR
1,969,041.25 -
230,849.00
1,738,192.25 -
15.00%
MAY
2,026,541.25
230,849.00
1,795,692.25
15.00%
JUN
15.00%
JUL
15.00%
AUG
15.00%
SEP
20,803,205.60
230,849.00
21,034,054.60
20,789,635.60
230,849.00
21,020,484.60
20,617,135.60 -
230,849.00
20,847,984.60 -
1,969,041.25 -
230,849.00
1,738,192.25 -
15.00%
OCT
1,969,041.25 -
230,849.00
1,738,192.25 -
15.00%
NOV
15.00%
DEC
Year 2014
1,969,041.25 -
230,849.00
1,738,192.25 -
1,969,041.25
230,849.00
1,738,192.25
44,425,367.04
2,770,188.00
47,195,555.04
13,327,610.11
13,327,610.11 -
13,327,610.11
13,327,610.11
Investment by owner
- 1,741,170.75 - 1,738,192.25 - 1,740,952.25 - 1,738,192.25 - 1,795,692.25 21,034,054.60 21,020,484.60 20,847,984.60 - 1,738,192.25 - 1,738,192.25 -
1,738,192.25 - 15,065,802.36 - 15,065,802.36
72,933,806.25 71,192,635.50 69,454,443.25 67,713,490.99 65,975,298.74 64,179,606.49 85,213,661.09 106,234,145.69 127,082,130.29 125,343,938.04 123,605,745.79 121,867,553.53 121,867,553.53
71,192,635.50 69,454,443.25 67,713,490.99 65,975,298.74 64,179,606.49 85,213,661.09 106,234,145.69 127,082,130.29 125,343,938.04 123,605,745.79 121,867,553.53 106,801,751.17 106,801,751.17
160

Cash Flow
Cost increse 15%

Cash Flow Activity
Net Income
15.00%
JAN
-
2,071,019.75 -
230,849.00
1,840,170.75 -
15.00%
FEB
2,068,041.25 -
230,849.00
1,837,192.25 -
15.00%
MAR
2,070,801.25 -
230,849.00
1,839,952.25 -
15.00%
APR
2,068,041.25 -
230,849.00
1,837,192.25 -
15.00%
MAY
15.00%
JUN
2,125,541.25 22,024,205.60
230,849.00
230,849.00
1,894,692.25 22,255,054.60
15.00%
JUL
15.00%
AUG
15.00%
SEP
22,010,635.60
230,849.00
22,241,484.60
21,838,135.60 -
230,849.00
22,068,984.60 -
2,068,041.25 -
230,849.00
1,837,192.25 -
15.00%
OCT
2,068,041.25 -
230,849.00
1,837,192.25 -
15.00%
NOV
15.00%
DEC
Year 2015
2,068,041.25 -
230,849.00
1,837,192.25 -
2,068,041.25
230,849.00
1,837,192.25
47,197,367.04
2,770,188.00
49,967,555.04
14,159,210.11
14,159,210.11 -
14,159,210.11
14,159,210.11
Investment by owner
- 1,840,170.75 - 1,837,192.25 - 1,839,952.25 - 1,837,192.25 - 1,894,692.25 22,255,054.60 22,241,484.60 22,068,984.60 - 1,837,192.25 - 1,837,192.25 - 1,837,192.25 - 15,996,402.36 - 15,996,402.36
106,801,751.17 104,961,580.42 103,124,388.17 101,284,435.92 99,447,243.67 97,552,551.42 119,807,606.02 142,049,090.61 164,118,075.21 162,280,882.96 160,443,690.71 158,606,498.46 158,606,498.46
104,961,580.42 103,124,388.17 101,284,435.92 99,447,243.67 97,552,551.42 119,807,606.02 142,049,090.61 164,118,075.21 162,280,882.96 160,443,690.71 158,606,498.46 142,610,096.10 142,610,096.10
161

Cash Flow
Cost increse 15%

Cash Flow Activity
Net Income
15.00%
JAN
-
2,170,019.75 -
230,849.00
1,939,170.75 -
15.00%
FEB
2,167,041.25 -
230,849.00
1,936,192.25 -
15.00%
MAR
2,169,801.25 -
230,849.00
1,938,952.25 -
15.00%
APR
2,167,041.25 -
230,849.00
1,936,192.25 -
15.00%
MAY
15.00%
JUN
2,224,541.25 23,245,205.60
230,849.00
230,849.00
1,993,692.25 23,476,054.60
15.00%
JUL
15.00%
AUG
15.00%
SEP
23,231,635.60
230,849.00
23,462,484.60
23,059,135.60 -
230,849.00
23,289,984.60 -
2,167,041.25 -
230,849.00
1,936,192.25 -
15.00%
OCT
2,167,041.25 -
230,849.00
1,936,192.25 -
15.00%
NOV
15.00%
DEC
Year 2016
2,167,041.25 -
230,849.00
1,936,192.25 -
2,167,041.25
230,849.00
1,936,192.25
49,969,367.04
2,770,188.00
52,739,555.04
14,990,810.11
14,990,810.11 -
14,990,810.11
14,990,810.11
Investment by owner
- 1,939,170.75 - 1,936,192.25 - 1,938,952.25 - 1,936,192.25 - 1,993,692.25 23,476,054.60 23,462,484.60 23,289,984.60 - 1,936,192.25 - 1,936,192.25 - 1,936,192.25 - 16,927,002.36 - 16,927,002.36
142,610,096.10 140,670,925.35 138,734,733.10 136,795,780.84 134,859,588.59 132,865,896.34 156,341,950.94 179,804,435.54 203,094,420.14 201,158,227.89 199,222,035.64 197,285,843.38 197,285,843.38
140,670,925.35 138,734,733.10 136,795,780.84 134,859,588.59 132,865,896.34 156,341,950.94 179,804,435.54 203,094,420.14 201,158,227.89 199,222,035.64 197,285,843.38 180,358,841.02 180,358,841.02
162
163
Income Sale decrease

Sale decrease 5%
Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 5%
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
Wage
Marketing expense
EBIT
Tax 30%
4,288.83
184,560.17
42,000.00
230,849.00
Jun
Jul
Aug
Dec
Total
21,280,000.00
21,280,000.00
63,840,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
14,420,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
14,420,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
14,420,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
43,260,000.00
101,905.00
354,000.00
111,573.00
2,908.00
101,905.00
365,800.00
111,573.00
2,908.00
101,905.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
963,035.00
1,125,945.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,525,176.00
13,456,965.00 -
943,370.60
12,513,594.40 -
37,734,824.00
11,320,447.20
26,414,376.80
104,305.00
101,905.00
101,905.00
4,288.83
184,560.17
42,000.00
335,344.00
4,288.83
184,560.17
42,000.00
335,154.00
4,288.83
184,560.17
42,000.00
332,754.00
50,000.00
4,288.83
184,560.17
42,000.00
382,754.00
4,288.83
184,560.17
42,000.00
801,235.00
4,288.83
184,560.17
42,000.00
813,035.00
332,754.00 -
943,370.60
1,276,124.60 -
382,754.00
943,370.60
1,326,124.60
13,618,765.00
943,370.60
12,675,394.40
13,606,965.00
943,370.60
12,663,594.40
335,154.00 -
943,370.60
1,278,524.60 -
Nov
21,280,000.00
104,495.00
335,344.00 -
943,370.60
1,278,714.60 -
Oct
230,849.00 -
943,370.60
1,174,219.60 -
Sep
101,905.00
101,905.00
101,905.00
101,905.00
4,288.83
184,560.17
42,000.00
332,754.00
4,288.83
184,560.17
42,000.00
332,754.00
4,288.83
184,560.17
42,000.00
332,754.00
4,288.83
184,560.17
42,000.00
332,754.00
332,754.00 -
943,370.60
1,276,124.60 -
332,754.00
943,370.60
1,276,124.60
332,754.00 -
943,370.60
1,276,124.60 -
332,754.00 -
943,370.60
1,276,124.60 -
164

Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 5%
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
Jun
Jul
Aug
Total
31,730,000.00
31,730,000.00
95,190,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
24,870,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
24,870,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
24,870,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
74,610,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
23,907,179.00 -
1,724,637.18
22,182,541.83 -
68,985,487.00
20,695,646.10
48,289,840.90
101,691.00
104,091.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
332,540.00 -
1,724,637.18
2,057,177.18 -
382,540.00
1,724,637.18
2,107,177.18
24,068,979.00
1,724,637.18
22,344,341.83
24,057,179.00
1,724,637.18
22,332,541.83
334,940.00 -
1,724,637.18
2,059,577.18 -
Dec
332,540.00 -
1,724,637.18
2,057,177.18 -
Nov
31,730,000.00
104,281.00
335,130.00 -
1,724,637.18
2,059,767.18 -
Oct
Sep
101,691.00
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
332,540.00 -
1,724,637.18
2,057,177.18 -
332,540.00
1,724,637.18
2,057,177.18
332,540.00 -
1,724,637.18
2,057,177.18 -
332,540.00 -
1,724,637.18
2,057,177.18 -
165

Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 5%
Cost of goods sold
AA 18
A 12
B9
C2
box
Gross income
Expense
wage
EBIT
Tax 30%
Jun
Jul
Aug
Total
29,640,000.00
29,640,000.00
88,920,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
22,780,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
22,780,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
22,780,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
68,340,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
21,817,179.00 -
1,567,887.18
20,249,291.83 -
62,715,487.00
18,814,646.10
43,900,840.90
101,691.00
104,091.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
332,540.00 -
1,567,887.18
1,900,427.18 -
382,540.00
1,567,887.18
1,950,427.18
21,978,979.00
1,567,887.18
20,411,091.83
21,967,179.00
1,567,887.18
20,399,291.83
334,940.00 -
1,567,887.18
1,902,827.18 -
Dec
332,540.00 -
1,567,887.18
1,900,427.18 -
Nov
29,640,000.00
104,281.00
335,130.00 -
1,567,887.18
1,903,017.18 -
Oct
Sep
101,691.00
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
332,540.00 -
1,567,887.18
1,900,427.18 -
332,540.00
1,567,887.18
1,900,427.18
332,540.00 -
1,567,887.18
1,900,427.18 -
332,540.00 -
1,567,887.18
1,900,427.18 -
166

Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 5%
Cost of goods sold
AA 18
A 12
B9
C2
box
Gross income
Expense
wage
EBIT
Tax 30%
Jun
Jul
Aug
Total
30,894,000.00
30,894,000.00
92,682,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
24,034,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
24,034,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
24,034,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
72,102,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
23,071,179.00 -
1,661,937.18
21,409,241.83 -
66,477,487.00
19,943,246.10
46,534,240.90
101,691.00
104,091.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
332,540.00 -
1,661,937.18
1,994,477.18 -
382,540.00
1,661,937.18
2,044,477.18
23,232,979.00
1,661,937.18
21,571,041.83
23,221,179.00
1,661,937.18
21,559,241.83
334,940.00 -
1,661,937.18
1,996,877.18 -
Dec
332,540.00 -
1,661,937.18
1,994,477.18 -
Nov
30,894,000.00
104,281.00
335,130.00 -
1,661,937.18
1,997,067.18 -
Oct
Sep
101,691.00
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
332,540.00 -
1,661,937.18
1,994,477.18 -
332,540.00
1,661,937.18
1,994,477.18
332,540.00 -
1,661,937.18
1,994,477.18 -
332,540.00 -
1,661,937.18
1,994,477.18 -
167

Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 5%
Cost of goods sold
AA 18
A 12
B9
C2
box
Gross income
Expense
wage
EBIT
Tax 30%
Jun
Jul
Aug
Total
32,148,000.00
32,148,000.00
96,444,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
25,288,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
25,288,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
25,288,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
75,864,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
24,325,179.00 -
1,755,987.18
22,569,191.83 -
70,239,487.00
21,071,846.10
49,167,640.90
101,691.00
104,091.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
332,540.00 -
1,755,987.18
2,088,527.18 -
382,540.00
1,755,987.18
2,138,527.18
24,486,979.00
1,755,987.18
22,730,991.83
24,475,179.00
1,755,987.18
22,719,191.83
334,940.00 -
1,755,987.18
2,090,927.18 -
Dec
332,540.00 -
1,755,987.18
2,088,527.18 -
Nov
32,148,000.00
104,281.00
335,130.00 -
1,755,987.18
2,091,117.18 -
Oct
Sep
101,691.00
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
332,540.00 -
1,755,987.18
2,088,527.18 -
332,540.00
1,755,987.18
2,088,527.18
332,540.00 -
1,755,987.18
2,088,527.18 -
332,540.00 -
1,755,987.18
2,088,527.18 -
168
Sale decrease 10%

Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 10%
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
Wage
Marketing expense
EBIT
Tax 30%
4,288.83
184,560.17
42,000.00
230,849.00
Jun
Jul
Aug
Dec
Total
20,160,000.00
20,160,000.00
60,480,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
13,300,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
13,300,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
13,300,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
39,900,000.00
101,905.00
354,000.00
111,573.00
2,908.00
101,905.00
365,800.00
111,573.00
2,908.00
101,905.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
963,035.00
1,125,945.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,525,176.00
12,336,965.00 -
859,370.60
11,477,594.40 -
34,374,824.00
10,312,447.20
24,062,376.80
104,305.00
101,905.00
101,905.00
4,288.83
184,560.17
42,000.00
335,344.00
4,288.83
184,560.17
42,000.00
335,154.00
4,288.83
184,560.17
42,000.00
332,754.00
50,000.00
4,288.83
184,560.17
42,000.00
382,754.00
4,288.83
184,560.17
42,000.00
801,235.00
4,288.83
184,560.17
42,000.00
813,035.00
332,754.00 -
859,370.60
1,192,124.60 -
382,754.00
859,370.60
1,242,124.60
12,498,765.00
859,370.60
11,639,394.40
12,486,965.00
859,370.60
11,627,594.40
335,154.00 -
859,370.60
1,194,524.60 -
Nov
20,160,000.00
104,495.00
335,344.00 -
859,370.60
1,194,714.60 -
Oct
230,849.00 -
859,370.60
1,090,219.60 -
Sep
101,905.00
101,905.00
101,905.00
101,905.00
4,288.83
184,560.17
42,000.00
332,754.00
4,288.83
184,560.17
42,000.00
332,754.00
4,288.83
184,560.17
42,000.00
332,754.00
4,288.83
184,560.17
42,000.00
332,754.00
332,754.00 -
859,370.60
1,192,124.60 -
332,754.00
859,370.60
1,192,124.60
332,754.00 -
859,370.60
1,192,124.60 -
332,754.00 -
859,370.60
1,192,124.60 -
169

Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 10%
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
Jun
Jul
Aug
Total
30,060,000.00
30,060,000.00
90,180,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
23,200,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
23,200,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
23,200,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
69,600,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
22,237,179.00 -
1,599,387.18
20,637,791.83 -
63,975,487.00
19,192,646.10
44,782,840.90
101,691.00
104,091.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
332,540.00 -
1,599,387.18
1,931,927.18 -
382,540.00
1,599,387.18
1,981,927.18
22,398,979.00
1,599,387.18
20,799,591.83
22,387,179.00
1,599,387.18
20,787,791.83
334,940.00 -
1,599,387.18
1,934,327.18 -
Dec
332,540.00 -
1,599,387.18
1,931,927.18 -
Nov
30,060,000.00
104,281.00
335,130.00 -
1,599,387.18
1,934,517.18 -
Oct
Sep
101,691.00
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
332,540.00 -
1,599,387.18
1,931,927.18 -
332,540.00
1,599,387.18
1,931,927.18
332,540.00 -
1,599,387.18
1,931,927.18 -
332,540.00 -
1,599,387.18
1,931,927.18 -
170

Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 10%
Cost of goods sold
AA 18
A 12
B9
C2
box
Gross income
Expense
wage
EBIT
Tax 30%
Jun
Jul
Aug
Total
28,080,000.00
28,080,000.00
84,240,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
21,220,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
21,220,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
21,220,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
63,660,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
20,257,179.00 -
1,450,887.18
18,806,291.83 -
58,035,487.00
17,410,646.10
40,624,840.90
101,691.00
104,091.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
332,540.00 -
1,450,887.18
1,783,427.18 -
382,540.00
1,450,887.18
1,833,427.18
20,418,979.00
1,450,887.18
18,968,091.83
20,407,179.00
1,450,887.18
18,956,291.83
334,940.00 -
1,450,887.18
1,785,827.18 -
Dec
332,540.00 -
1,450,887.18
1,783,427.18 -
Nov
28,080,000.00
104,281.00
335,130.00 -
1,450,887.18
1,786,017.18 -
Oct
Sep
101,691.00
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
332,540.00 -
1,450,887.18
1,783,427.18 -
332,540.00
1,450,887.18
1,783,427.18
332,540.00 -
1,450,887.18
1,783,427.18 -
332,540.00 -
1,450,887.18
1,783,427.18 -
171

Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 10%
Cost of goods sold
AA 18
A 12
B9
C2
box
Gross income
Expense
wage
EBIT
Tax 30%
Jun
Jul
Aug
Total
29,268,000.00
29,268,000.00
87,804,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
22,408,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
22,408,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
22,408,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
67,224,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
21,445,179.00 -
1,539,987.18
19,905,191.83 -
61,599,487.00
18,479,846.10
43,119,640.90
101,691.00
104,091.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
332,540.00 -
1,539,987.18
1,872,527.18 -
382,540.00
1,539,987.18
1,922,527.18
21,606,979.00
1,539,987.18
20,066,991.83
21,595,179.00
1,539,987.18
20,055,191.83
334,940.00 -
1,539,987.18
1,874,927.18 -
Dec
332,540.00 -
1,539,987.18
1,872,527.18 -
Nov
29,268,000.00
104,281.00
335,130.00 -
1,539,987.18
1,875,117.18 -
Oct
Sep
101,691.00
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
332,540.00 -
1,539,987.18
1,872,527.18 -
332,540.00
1,539,987.18
1,872,527.18
332,540.00 -
1,539,987.18
1,872,527.18 -
332,540.00 -
1,539,987.18
1,872,527.18 -
172

Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 10%
Cost of goods sold
AA 18
A 12
B9
C2
box
Gross income
Expense
wage
EBIT
Tax 30%
Jun
Jul
Aug
Total
30,456,000.00
30,456,000.00
91,368,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
23,596,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
23,596,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
23,596,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
70,788,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
22,633,179.00 -
1,629,087.18
21,004,091.83 -
65,163,487.00
19,549,046.10
45,614,440.90
101,691.00
104,091.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
332,540.00 -
1,629,087.18
1,961,627.18 -
382,540.00
1,629,087.18
2,011,627.18
22,794,979.00
1,629,087.18
21,165,891.83
22,783,179.00
1,629,087.18
21,154,091.83
334,940.00 -
1,629,087.18
1,964,027.18 -
Dec
332,540.00 -
1,629,087.18
1,961,627.18 -
Nov
30,456,000.00
104,281.00
335,130.00 -
1,629,087.18
1,964,217.18 -
Oct
Sep
101,691.00
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
332,540.00 -
1,629,087.18
1,961,627.18 -
332,540.00
1,629,087.18
1,961,627.18
332,540.00 -
1,629,087.18
1,961,627.18 -
332,540.00 -
1,629,087.18
1,961,627.18 -
173
Sale decrease 15%

Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 15%
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
Wage
Marketing expense
EBIT
Tax 30%
4,288.83
184,560.17
42,000.00
230,849.00
Jun
Jul
Aug
Dec
Total
19,040,000.00
19,040,000.00
57,120,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
12,180,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
12,180,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
12,180,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
36,540,000.00
101,905.00
354,000.00
111,573.00
2,908.00
101,905.00
365,800.00
111,573.00
2,908.00
101,905.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
963,035.00
1,125,945.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,525,176.00
11,216,965.00 -
775,370.60
10,441,594.40 -
31,014,824.00
9,304,447.20
21,710,376.80
104,305.00
101,905.00
101,905.00
4,288.83
184,560.17
42,000.00
335,344.00
4,288.83
184,560.17
42,000.00
335,154.00
4,288.83
184,560.17
42,000.00
332,754.00
50,000.00
4,288.83
184,560.17
42,000.00
382,754.00
4,288.83
184,560.17
42,000.00
801,235.00
4,288.83
184,560.17
42,000.00
813,035.00
332,754.00 -
775,370.60
1,108,124.60 -
382,754.00
775,370.60
1,158,124.60
11,378,765.00
775,370.60
10,603,394.40
11,366,965.00
775,370.60
10,591,594.40
335,154.00 -
775,370.60
1,110,524.60 -
Nov
19,040,000.00
104,495.00
335,344.00 -
775,370.60
1,110,714.60 -
Oct
230,849.00 -
775,370.60
1,006,219.60 -
Sep
101,905.00
101,905.00
101,905.00
101,905.00
4,288.83
184,560.17
42,000.00
332,754.00
4,288.83
184,560.17
42,000.00
332,754.00
4,288.83
184,560.17
42,000.00
332,754.00
4,288.83
184,560.17
42,000.00
332,754.00
332,754.00 -
775,370.60
1,108,124.60 -
332,754.00
775,370.60
1,108,124.60
332,754.00 -
775,370.60
1,108,124.60 -
332,754.00 -
775,370.60
1,108,124.60 -
174

Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 15%
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
Jun
Jul
Aug
Total
28,390,000.00
28,390,000.00
85,170,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
21,530,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
21,530,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
21,530,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
64,590,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
20,567,179.00 -
1,474,137.18
19,093,041.83 -
58,965,487.00
17,689,646.10
41,275,840.90
101,691.00
104,091.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
332,540.00 -
1,474,137.18
1,806,677.18 -
382,540.00
1,474,137.18
1,856,677.18
20,728,979.00
1,474,137.18
19,254,841.83
20,717,179.00
1,474,137.18
19,243,041.83
334,940.00 -
1,474,137.18
1,809,077.18 -
Dec
332,540.00 -
1,474,137.18
1,806,677.18 -
Nov
28,390,000.00
104,281.00
335,130.00 -
1,474,137.18
1,809,267.18 -
Oct
Sep
101,691.00
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
332,540.00 -
1,474,137.18
1,806,677.18 -
332,540.00
1,474,137.18
1,806,677.18
332,540.00 -
1,474,137.18
1,806,677.18 -
332,540.00 -
1,474,137.18
1,806,677.18 -
175

Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 15%
Cost of goods sold
AA 18
A 12
B9
C2
box
Gross income
Expense
wage
EBIT
Tax 30%
Jun
Jul
Aug
Total
26,520,000.00
26,520,000.00
79,560,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
19,660,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
19,660,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
19,660,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
58,980,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
18,697,179.00 -
1,333,887.18
17,363,291.83 -
53,355,487.00
16,006,646.10
37,348,840.90
101,691.00
104,091.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
332,540.00 -
1,333,887.18
1,666,427.18 -
382,540.00
1,333,887.18
1,716,427.18
18,858,979.00
1,333,887.18
17,525,091.83
18,847,179.00
1,333,887.18
17,513,291.83
334,940.00 -
1,333,887.18
1,668,827.18 -
Dec
332,540.00 -
1,333,887.18
1,666,427.18 -
Nov
26,520,000.00
104,281.00
335,130.00 -
1,333,887.18
1,669,017.18 -
Oct
Sep
101,691.00
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
332,540.00 -
1,333,887.18
1,666,427.18 -
332,540.00
1,333,887.18
1,666,427.18
332,540.00 -
1,333,887.18
1,666,427.18 -
332,540.00 -
1,333,887.18
1,666,427.18 -
176

Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 15%
Cost of goods sold
AA 18
A 12
B9
C2
box
Gross income
Expense
wage
EBIT
Tax 30%
Jun
Jul
Aug
Total
27,642,000.00
27,642,000.00
82,926,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
20,782,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
20,782,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
20,782,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
62,346,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
19,819,179.00 -
1,418,037.18
18,401,141.83 -
56,721,487.00
17,016,446.10
39,705,040.90
101,691.00
104,091.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
332,540.00 -
1,418,037.18
1,750,577.18 -
382,540.00
1,418,037.18
1,800,577.18
19,980,979.00
1,418,037.18
18,562,941.83
19,969,179.00
1,418,037.18
18,551,141.83
334,940.00 -
1,418,037.18
1,752,977.18 -
Dec
332,540.00 -
1,418,037.18
1,750,577.18 -
Nov
27,642,000.00
104,281.00
335,130.00 -
1,418,037.18
1,753,167.18 -
Oct
Sep
101,691.00
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
332,540.00 -
1,418,037.18
1,750,577.18 -
332,540.00
1,418,037.18
1,750,577.18
332,540.00 -
1,418,037.18
1,750,577.18 -
332,540.00 -
1,418,037.18
1,750,577.18 -
177

Statement of Income
Jan
Feb
Mar
Apr
May
Revenues
Sale decrease 15%
Cost of goods sold
AA 18
A 12
B9
C2
box
Gross income
Expense
wage
EBIT
Tax 30%
Jun
Jul
Aug
Total
28,764,000.00
28,764,000.00
86,292,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
21,904,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
21,904,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
6,860,000.00
21,904,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
20,580,000.00
65,712,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
962,821.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,624,513.00
20,941,179.00 -
1,502,187.18
19,438,991.83 -
60,087,487.00
18,026,246.10
42,061,240.90
101,691.00
104,091.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
335,130.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
334,940.00
4,288.83
184,560.17
42,000.00
332,540.00
50,000.00
4,288.83
184,560.17
42,000.00
382,540.00
4,288.83
184,560.17
42,000.00
801,021.00
4,288.83
184,560.17
42,000.00
812,821.00
332,540.00 -
1,502,187.18
1,834,727.18 -
382,540.00
1,502,187.18
1,884,727.18
21,102,979.00
1,502,187.18
19,600,791.83
21,091,179.00
1,502,187.18
19,588,991.83
334,940.00 -
1,502,187.18
1,837,127.18 -
Dec
332,540.00 -
1,502,187.18
1,834,727.18 -
Nov
28,764,000.00
104,281.00
335,130.00 -
1,502,187.18
1,837,317.18 -
Oct
Sep
101,691.00
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
4,288.83
184,560.17
42,000.00
332,540.00
332,540.00 -
1,502,187.18
1,834,727.18 -
332,540.00
1,502,187.18
1,834,727.18
332,540.00 -
1,502,187.18
1,834,727.18 -
332,540.00 -
1,502,187.18
1,834,727.18 -
178
Income Cost Increase

Cost increase 5%
Statement of Income
Cost increse 5%
5.00%
Jan
5.00%
Feb
5.00%
Mar
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
Wage
Marketing expense
EBIT
Tax 30%
5.00%
Apr
5.00%
May
5.00%
Jun
5.00%
Jul
5.00%
Aug
5.00%
Sep
5.00%
Oct
5.00%
Nov
22,400,000.00
22,400,000.00
67,200,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,203,000.00
15,197,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,203,000.00
15,197,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,203,000.00
15,197,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
21,609,000.00
45,591,000.00
101,905.00
365,800.00
111,573.00
2,908.00
101,905.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,011,186.75
101,905.00
4,288.83
184,560.17
42,000.00
349,391.70
1,125,945.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,801,434.80
349,391.70 -
349,391.70 - 349,391.70
994,739.13
994,739.13 994,739.13
1,344,130.83 - 1,344,130.83 - 1,344,130.83
39,789,565.20
11,936,869.56
27,852,695.64
Statement Income
104,495.00
104,305.00
101,905.00
101,905.00
50,000.00
4,288.83
184,560.17
42,000.00
401,891.70
101,905.00
354,000.00
111,573.00
2,908.00
101,905.00
101,905.00
101,905.00
4,288.83
184,560.17
42,000.00
349,391.70
4,288.83
184,560.17
42,000.00
349,391.70
4,288.83
184,560.17
42,000.00
349,391.70
14,343,313.25 14,185,813.25 -
994,739.13
994,739.13
13,348,574.12 13,191,074.12 -
349,391.70 -
994,739.13
1,344,130.83 -
4,288.83
184,560.17
42,000.00
242,391.45
4,288.83
184,560.17
42,000.00
352,111.20
-
242,391.45 - 352,111.20 -
994,739.13 994,739.13
- 1,237,130.58 - 1,346,850.33 -
4,288.83
184,560.17
42,000.00
351,911.70
4,288.83
184,560.17
42,000.00
349,391.70
Total
22,400,000.00
5.00%
Dec
Statement
Income4,288.83
4,288.83
184,560.17
42,000.00
841,296.75
184,560.17
42,000.00
853,686.75
351,911.70 -
349,391.70 -
401,891.70 14,355,703.25
994,739.13
994,739.13
994,739.13
994,739.13
1,346,650.83 - 1,344,130.83 - 1,396,630.83 13,360,964.12
179

Statement of Income
Cost increse 5%
5.00%
Jan
5.00%
Feb
5.00%
Mar
5.00%
Apr
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
5.00%
Jun
5.00%
Jul
33,400,000.00
33,400,000.00
Light Longan
Asian
Fruits
5.00%
Aug
5.00%
Sep
5.00%
Oct
5.00%
Nov
33,400,000.00
5.00%
Dec
Total
100,200,000.00
1,080,000.00
1,080,000.00 1,080,000.00
3,000,000.00
1,350,000.00
1,350,000.00 1,350,000.00
80,000.00
80,000.00
80,000.00
250,000.00
250,000.00
250,000.00
ending
December,
31 2016
1,100,000.00
1,100,000.00 1,100,000.00
7,203,000.00
7,203,000.00 7,203,000.00
26,197,000.00 26,197,000.00 26,197,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
21,609,000.00
78,591,000.00
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,905,738.65
- 351,886.50 - 349,167.00 -
351,687.00 - 349,167.00 - 401,667.00 25,355,927.95 25,343,537.95 25,186,037.95 -
349,167.00 -
349,167.00 - 349,167.00 - 349,167.00
1,817,131.53 1,817,131.53 1,817,131.53 1,817,131.53
1,817,131.53
1,817,131.53
1,817,131.53
1,817,131.53 1,817,131.53 1,817,131.53 1,817,131.53 1,817,131.53
For the
year ending
December,
31 2012
- 2,169,018.03 - 2,166,298.53 - 2,168,818.53 - 2,166,298.53 - 2,218,798.53 23,538,796.42 23,526,406.42 23,368,906.42 - 2,166,298.53 - 2,166,298.53 - 2,166,298.53 - 2,166,298.53
72,685,261.35
21,805,578.41
50,879,682.95
3,000,000.00
3,000,000.00
Statement
Income
For the year
Expense
wage
Cost
water expense of
factory increase
EBIT
Tax 30%
5.00%
May
104,281.00
101,691.00
104,091.00
101,691.00
10%
4,288.83
184,560.17
42,000.00
351,886.50
4,288.83
184,560.17
42,000.00
349,167.00
4,288.83
184,560.17
42,000.00
351,687.00
4,288.83
184,560.17
42,000.00
349,167.00
101,691.00
101,691.00
101,691.00
354,000.00
365,800.00
111,573.00
111,573.00
2,908.00
2,908.00
50,000.00
4,288.83 Longan
4,288.83
4,288.83
Light
Asian
Fruits
184,560.17
184,560.17
184,560.17
42,000.00
42,000.00
42,000.00
401,667.00
841,072.05
853,462.05
Statement Income
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,010,962.05
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
4,288.83
184,560.17
42,000.00
349,167.00
4,288.83
184,560.17
42,000.00
349,167.00
180

Statement of Income
Cost increse 5%
5.00%
Jan
5.00%
Feb
5.00%
Mar
5.00%
Apr
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
5.00%
May
5.00%
Jun
5.00%
Jul
31,200,000.00
31,200,000.00
Light Longan
Asian
Fruits
5.00%
Aug
5.00%
Sep
5.00%
Oct
5.00%
Nov
93,600,000.00
1,080,000.00 1,080,000.00
3,000,000.00
1,350,000.00
1,350,000.00 1,350,000.00
80,000.00
80,000.00
80,000.00
250,000.00
250,000.00
250,000.00
ending
December,
31 2014
1,100,000.00
1,100,000.00 1,100,000.00
7,203,000.00
7,203,000.00 7,203,000.00
23,997,000.00 23,997,000.00 23,997,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
21,609,000.00
71,991,000.00
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,905,738.65
23,143,537.95 22,986,037.95 -
349,167.00 -
349,167.00 - 349,167.00 - 349,167.00
1,652,131.53 1,652,131.53 1,652,131.53 1,652,131.53 1,652,131.53 1,652,131.53
21,491,406.42 21,333,906.42 - 2,001,298.53 - 2,001,298.53 - 2,001,298.53 - 2,001,298.53
66,085,261.35
19,825,578.41
46,259,682.95
104,281.00
4,288.83
184,560.17
42,000.00
351,886.50
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
104,091.00
4,288.83
184,560.17
42,000.00
351,687.00
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
Total
31,200,000.00
1,080,000.00
3,000,000.00
3,000,000.00
Statement
Income
For the year
5.00%
Dec
101,691.00
101,691.00
101,691.00
354,000.00
365,800.00
111,573.00
111,573.00
2,908.00
Fruits
2,908.00
Light Longan
Asian
50,000.00
4,288.83
4,288.83
4,288.83
184,560.17
184,560.17
184,560.17
Statement
Income
42,000.00
42,000.00
42,000.00
401,667.00
841,072.05
853,462.05
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,010,962.05
- 351,886.50 - 349,167.00 -
351,687.00 -
349,167.00 - 401,667.00 23,155,927.95
1,652,131.53 1,652,131.53 1,652,131.53 1,652,131.53 1,652,131.53 1,652,131.53
- 2,004,018.03 - 2,001,298.53 - 2,003,818.53 - 2,001,298.53 - 2,053,798.53 21,503,796.42
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
4,288.83
184,560.17
42,000.00
349,167.00
4,288.83
184,560.17
42,000.00
349,167.00
181

Statement of Income
Cost increse 5%
5.00%
Jan
5.00%
Feb
5.00%
Mar
5.00%
Apr
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
5.00%
Jun
5.00%
Jul
32,520,000.00
32,520,000.00
Light Longan
Asian
Fruits
5.00%
Aug
5.00%
Sep
5.00%
Oct
5.00%
Nov
15%
104,281.00
4,288.83
184,560.17
42,000.00
351,886.50
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
104,091.00
4,288.83
184,560.17
42,000.00
351,687.00
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
Total
97,560,000.00
1,080,000.00 1,080,000.00
3,000,000.00
1,350,000.00
1,350,000.00 1,350,000.00
80,000.00
80,000.00
80,000.00
250,000.00
250,000.00
250,000.00
year ending
December,
31 2016
1,100,000.00
1,100,000.00 1,100,000.00
7,203,000.00
7,203,000.00 7,203,000.00
25,317,000.00 25,317,000.00 25,317,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
21,609,000.00
75,951,000.00
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,905,738.65
24,463,537.95 24,306,037.95 -
349,167.00 -
349,167.00 - 349,167.00 - 349,167.00
1,751,131.53 1,751,131.53 1,751,131.53 1,751,131.53 1,751,131.53 1,751,131.53
22,712,406.42 22,554,906.42 - 2,100,298.53 - 2,100,298.53 - 2,100,298.53 - 2,100,298.53
70,045,261.35
21,013,578.41
49,031,682.95
For the
5.00%
Dec
32,520,000.00
1,080,000.00
3,000,000.00Income
3,000,000.00
Statement
Expense
Cost increase
wage
EBIT
Tax 30%
5.00%
May
101,691.00
101,691.00
354,000.00
111,573.00
Light Longan
Asian
2,908.00
50,000.00
4,288.83
4,288.83
184,560.17
184,560.17
42,000.00
42,000.00
401,667.00
841,072.05
- 351,886.50 - 349,167.00 -
351,687.00 - 349,167.00 - 401,667.00 24,475,927.95
1,751,131.53 1,751,131.53 1,751,131.53 1,751,131.53 1,751,131.53 1,751,131.53
- 2,103,018.03 - 2,100,298.53 - 2,102,818.53 - 2,100,298.53 - 2,152,798.53 22,724,796.42
101,691.00
365,800.00
111,573.00
Fruits
2,908.00
4,288.83
184,560.17
42,000.00
853,462.05
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,010,962.05
101,691.00
101,691.00
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
4,288.83
184,560.17
42,000.00
349,167.00
4,288.83
184,560.17
42,000.00
349,167.00
182

Statement of Income
Cost increse 5%
5.00%
Jan
5.00%
Feb
5.00%
Mar
5.00%
Apr
5.00%
May
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
104,281.00
4,288.83
184,560.17
42,000.00
351,886.50
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
104,091.00
4,288.83
184,560.17
42,000.00
351,687.00
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
5.00%
Jun
5.00%
Jul
5.00%
Aug
33,840,000.00
33,840,000.00 33,840,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,203,000.00
26,637,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,203,000.00
26,637,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
841,072.05
4,288.83
184,560.17
42,000.00
853,462.05
101,691.00
50,000.00
4,288.83
184,560.17
42,000.00
401,667.00
- 351,886.50 - 349,167.00 - 351,687.00 - 349,167.00 - 401,667.00 25,795,927.95

1,850,131.53 1,850,131.53 1,850,131.53 1,850,131.53 1,850,131.53 1,850,131.53
- 2,202,018.03 - 2,199,298.53 - 2,201,818.53 - 2,199,298.53 - 2,251,798.53 23,945,796.42
5.00%
Sep
5.00%
Oct
5.00%
Nov
5.00%
Dec
Total
101,520,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,203,000.00
26,637,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
21,609,000.00
79,911,000.00
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
5,905,738.65
25,783,537.95 25,626,037.95 - 349,167.00 - 349,167.00 - 349,167.00 - 349,167.00

1,850,131.53 1,850,131.53 1,850,131.53 1,850,131.53 1,850,131.53 1,850,131.53
23,933,406.42 23,775,906.42 - 2,199,298.53 - 2,199,298.53 - 2,199,298.53 - 2,199,298.53
74,005,261.35
22,201,578.41
51,803,682.95
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,010,962.05
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
101,691.00
4,288.83
184,560.17
42,000.00
349,167.00
183
Cost increase 10%

Statement of Income
Cost increse 10%
10.00%
Jan
10.00%
Feb
10.00%
Mar
10.00%
Apr
10.00%
May
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
Wage
Marketing expense
EBIT
Tax 30%
4,288.83
184,560.17
42,000.00
253,933.90
104,495.00
104,305.00
101,905.00
4,288.83
184,560.17
42,000.00
368,669.40
4,288.83
184,560.17
42,000.00
366,029.40
4,288.83
184,560.17
42,000.00
368,878.40
-
253,933.90 - 368,878.40 -
962,107.66 962,107.66
- 1,216,041.56 - 1,330,986.06 -
10.00%
Jun
10.00%
Jul
10.00%
Aug
10.00%
Sep
10.00%
Oct
10.00%
Nov
10.00%
Dec
Total
22,400,000.00
22,400,000.00 22,400,000.00
67,200,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
14,854,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
14,854,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
14,854,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
22,638,000.00
44,562,000.00
101,905.00
354,000.00
111,573.00
2,908.00
101,905.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
881,358.50
4,288.83
184,560.17
42,000.00
894,338.50
101,905.00
4,288.83
184,560.17
42,000.00
366,029.40
1,125,945.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
6,077,693.60
366,029.40 - 366,029.40 - 366,029.40

962,107.66 962,107.66 962,107.66
1,328,137.06 - 1,328,137.06 - 1,328,137.06
38,484,306.40
11,545,291.92
26,939,014.48
101,905.00
50,000.00
4,288.83
184,560.17
42,000.00
421,029.40
368,669.40 -
366,029.40 -
421,029.40 13,972,641.50
962,107.66
962,107.66
962,107.66
962,107.66
1,330,777.06 - 1,328,137.06 - 1,383,137.06 13,010,533.84
101,905.00
101,905.00
101,905.00
4,288.83
184,560.17
42,000.00
366,029.40
4,288.83
184,560.17
42,000.00
366,029.40
4,288.83
184,560.17
42,000.00
366,029.40
13,959,661.50 13,794,661.50 -
962,107.66
962,107.66
12,997,553.84 12,832,553.84 -
366,029.40 -
962,107.66
1,328,137.06 -
101,905.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,059,338.50
184

Statement of Income
Cost increse 10%
10.00%
Jan
10.00%
Feb
10.00%
Mar
10.00%
Apr
10.00%
May
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
104,281.00
4,288.83
184,560.17
42,000.00
368,643.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
104,091.00
4,288.83
184,560.17
42,000.00
368,434.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
10.00%
Jun
10.00%
Jul
10.00%
Aug
33,400,000.00
33,400,000.00 33,400,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
25,854,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
25,854,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
881,123.10
4,288.83
184,560.17
42,000.00
894,103.10
101,691.00
50,000.00
4,288.83
184,560.17
42,000.00
420,794.00
- 368,643.00 - 365,794.00 -
368,434.00 - 365,794.00 - 420,794.00 24,972,876.90
1,784,375.89 1,784,375.89 1,784,375.89 1,784,375.89 1,784,375.89 1,784,375.89
- 2,153,018.89 - 2,150,169.89 - 2,152,809.89 - 2,150,169.89 - 2,205,169.89 23,188,501.01
10.00%
Sep
10.00%
Oct
10.00%
Nov
10.00%
Dec
Total
100,200,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
25,854,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
22,638,000.00
77,562,000.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
6,186,964.30
24,959,896.90 24,794,896.90 - 365,794.00 - 365,794.00 - 365,794.00 - 365,794.00

1,784,375.89 1,784,375.89 1,784,375.89 1,784,375.89 1,784,375.89 1,784,375.89
23,175,521.01 23,010,521.01 - 2,150,169.89 - 2,150,169.89 - 2,150,169.89 - 2,150,169.89
71,375,035.70
21,412,510.71
49,962,524.99
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,059,103.10
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
185

Statement of Income
Cost increse 10%
10.00%
Jan
10.00%
Feb
10.00%
Mar
10.00%
Apr
10.00%
May
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
104,281.00
4,288.83
184,560.17
42,000.00
368,643.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
104,091.00
4,288.83
184,560.17
42,000.00
368,434.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
10.00%
Jun
10.00%
Jul
10.00%
Aug
10.00%
Sep
10.00%
Oct
10.00%
Nov
10.00%
Dec
Total
31,200,000.00
31,200,000.00 31,200,000.00
93,600,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
23,654,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
23,654,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
23,654,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
22,638,000.00
70,962,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
881,123.10
4,288.83
184,560.17
42,000.00
894,103.10
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
6,186,964.30
22,759,896.90 22,594,896.90 - 365,794.00 - 365,794.00 - 365,794.00 - 365,794.00

1,619,375.89 1,619,375.89 1,619,375.89 1,619,375.89 1,619,375.89 1,619,375.89
21,140,521.01 20,975,521.01 - 1,985,169.89 - 1,985,169.89 - 1,985,169.89 - 1,985,169.89
64,775,035.70
19,432,510.71
45,342,524.99
101,691.00
50,000.00
4,288.83
184,560.17
42,000.00
420,794.00
- 368,643.00 - 365,794.00 - 368,434.00 - 365,794.00 - 420,794.00 22,772,876.90

1,619,375.89 1,619,375.89 1,619,375.89 1,619,375.89 1,619,375.89 1,619,375.89
- 1,988,018.89 - 1,985,169.89 - 1,987,809.89 - 1,985,169.89 - 2,040,169.89 21,153,501.01
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,059,103.10
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
186

Statement of Income
Cost increse 10%
10.00%
Jan
10.00%
Feb
10.00%
Mar
10.00%
Apr
10.00%
May
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
104,281.00
4,288.83
184,560.17
42,000.00
368,643.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
104,091.00
4,288.83
184,560.17
42,000.00
368,434.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
10.00%
Jun
10.00%
Jul
10.00%
Aug
10.00%
Sep
10.00%
Oct
10.00%
Nov
10.00%
Dec
Total
32,520,000.00
32,520,000.00 32,520,000.00
97,560,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
24,974,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
24,974,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
24,974,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
22,638,000.00
74,922,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
881,123.10
4,288.83
184,560.17
42,000.00
894,103.10
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
6,186,964.30
24,079,896.90 23,914,896.90 - 365,794.00 - 365,794.00 - 365,794.00 - 365,794.00

1,718,375.89 1,718,375.89 1,718,375.89 1,718,375.89 1,718,375.89 1,718,375.89
22,361,521.01 22,196,521.01 - 2,084,169.89 - 2,084,169.89 - 2,084,169.89 - 2,084,169.89
68,735,035.70
20,620,510.71
48,114,524.99
101,691.00
50,000.00
4,288.83
184,560.17
42,000.00
420,794.00
- 368,643.00 - 365,794.00 - 368,434.00 - 365,794.00 - 420,794.00 24,092,876.90

1,718,375.89 1,718,375.89 1,718,375.89 1,718,375.89 1,718,375.89 1,718,375.89
- 2,087,018.89 - 2,084,169.89 - 2,086,809.89 - 2,084,169.89 - 2,139,169.89 22,374,501.01
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,059,103.10
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
187

Statement of Income
Cost increse 10%
10.00%
Jan
10.00%
Feb
10.00%
Mar
10.00%
Apr
10.00%
May
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
104,281.00
4,288.83
184,560.17
42,000.00
368,643.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
104,091.00
4,288.83
184,560.17
42,000.00
368,434.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
10.00%
Jun
10.00%
Jul
10.00%
Aug
33,840,000.00
33,840,000.00 33,840,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
26,294,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
26,294,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
881,123.10
4,288.83
184,560.17
42,000.00
894,103.10
101,691.00
50,000.00
4,288.83
184,560.17
42,000.00
420,794.00
- 368,643.00 - 365,794.00 -
368,434.00 - 365,794.00 - 420,794.00 25,412,876.90
1,817,375.89 1,817,375.89 1,817,375.89 1,817,375.89 1,817,375.89 1,817,375.89
- 2,186,018.89 - 2,183,169.89 - 2,185,809.89 - 2,183,169.89 - 2,238,169.89 23,595,501.01
10.00%
Sep
10.00%
Oct
10.00%
Nov
10.00%
Dec
Total
101,520,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,546,000.00
26,294,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
22,638,000.00
78,882,000.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
6,186,964.30
25,399,896.90 25,234,896.90 -
365,794.00 -
365,794.00 - 365,794.00 - 365,794.00
1,817,375.89 1,817,375.89 1,817,375.89 1,817,375.89 1,817,375.89 1,817,375.89
23,582,521.01 23,417,521.01 - 2,183,169.89 - 2,183,169.89 - 2,183,169.89 - 2,183,169.89
72,695,035.70
21,808,510.71
50,886,524.99
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,059,103.10
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
101,691.00
4,288.83
184,560.17
42,000.00
365,794.00
188
Cost increase 15%

Statement of Income
Cost increse 15%
15.00%
Jan
15.00%
Feb
15.00%
Mar
15.00%
Apr
15.00%
May
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
15.00%
Jun
15.00%
Jul
4,288.83
184,560.17
42,000.00
385,427.10
4,288.83
184,560.17
42,000.00
382,667.10
15.00%
Dec
Total
67,200,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
14,511,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
14,511,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
14,511,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
23,667,000.00
43,533,000.00
101,905.00
354,000.00
111,573.00
2,908.00
101,905.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
921,420.25
4,288.83
184,560.17
42,000.00
934,990.25
101,905.00
4,288.83
184,560.17
42,000.00
382,667.10
1,125,945.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
6,353,952.40
13,576,009.75 13,403,509.75 -
382,667.10 -
382,667.10 - 382,667.10 - 382,667.10
929,476.19
929,476.19
929,476.19
929,476.19 929,476.19 929,476.19
12,646,533.56 12,474,033.56 - 1,312,143.29 - 1,312,143.29 - 1,312,143.29 - 1,312,143.29
37,179,047.60
11,153,714.28
26,025,333.32
- 265,476.35 - 385,645.60 -
385,427.10 - 382,667.10 - 440,167.10 13,589,579.75
929,476.19 929,476.19
929,476.19 929,476.19 929,476.19
929,476.19
- 1,194,952.54 - 1,315,121.79 - 1,314,903.29 - 1,312,143.29 - 1,369,643.29 12,660,103.56
4,288.83
184,560.17
42,000.00
385,645.60
101,905.00
15.00%
Nov
EBIT
Tax 30%
4,288.83
184,560.17
42,000.00
265,476.35
104,305.00
15.00%
Oct
22,400,000.00 22,400,000.00
104,495.00
15.00%
Sep
22,400,000.00
Expense
Wage
Marketing expense
15.00%
Aug
101,905.00
50,000.00
4,288.83
184,560.17
42,000.00
440,167.10
101,905.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,107,490.25
101,905.00
4,288.83
184,560.17
42,000.00
382,667.10
101,905.00
4,288.83
184,560.17
42,000.00
382,667.10
101,905.00
4,288.83
184,560.17
42,000.00
382,667.10
189

Statement of Income
Cost increse 15%
15.00%
Jan
15.00%
Feb
15.00%
Mar
15.00%
Apr
15.00%
May
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
104,281.00
4,288.83
184,560.17
42,000.00
385,399.50
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
104,091.00
4,288.83
184,560.17
42,000.00
385,181.00
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
15.00%
Jun
15.00%
Jul
15.00%
Aug
33,400,000.00
33,400,000.00 33,400,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
25,511,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
25,511,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
921,174.15
4,288.83
184,560.17
42,000.00
934,744.15
101,691.00
50,000.00
4,288.83
184,560.17
42,000.00
439,921.00
- 385,399.50 - 382,421.00 - 385,181.00 - 382,421.00 - 439,921.00 24,589,825.85

1,751,620.25 1,751,620.25 1,751,620.25 1,751,620.25 1,751,620.25 1,751,620.25
- 2,137,019.75 - 2,134,041.25 - 2,136,801.25 - 2,134,041.25 - 2,191,541.25 22,838,205.60
15.00%
Sep
15.00%
Oct
15.00%
Nov
15.00%
Dec
Total
100,200,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
25,511,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
23,667,000.00
76,533,000.00
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
6,468,189.95
24,576,255.85 24,403,755.85 - 382,421.00 - 382,421.00 - 382,421.00 - 382,421.00

1,751,620.25 1,751,620.25 1,751,620.25 1,751,620.25 1,751,620.25 1,751,620.25
22,824,635.60 22,652,135.60 - 2,134,041.25 - 2,134,041.25 - 2,134,041.25 - 2,134,041.25
70,064,810.05
21,019,443.02
49,045,367.04
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,107,244.15
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
190

Statement of Income
Cost increse 15%
15.00%
Jan
15.00%
Feb
15.00%
Mar
15.00%
Apr
15.00%
May
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
104,281.00 101,691.00
4,288.83
184,560.17
42,000.00
385,399.50
4,288.83
184,560.17
42,000.00
382,421.00
104,091.00
4,288.83
184,560.17
42,000.00
385,181.00
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
15.00%
Jun
15.00%
Jul
15.00%
Aug
15.00%
Sep
15.00%
Oct
15.00%
Nov
15.00%
Dec
Total
31,200,000.00
31,200,000.00 31,200,000.00
93,600,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
23,311,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
23,311,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
23,311,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
23,667,000.00
69,933,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
921,174.15
4,288.83
184,560.17
42,000.00
934,744.15
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
6,468,189.95
22,376,255.85 22,203,755.85 - 382,421.00 - 382,421.00 - 382,421.00 - 382,421.00

1,586,620.25 1,586,620.25 1,586,620.25 1,586,620.25 1,586,620.25 1,586,620.25
20,789,635.60 20,617,135.60 - 1,969,041.25 - 1,969,041.25 - 1,969,041.25 - 1,969,041.25
63,464,810.05
19,039,443.02
44,425,367.04
101,691.00
50,000.00
4,288.83
184,560.17
42,000.00
439,921.00
- 385,399.50 - 382,421.00 - 385,181.00 - 382,421.00 - 439,921.00 22,389,825.85

1,586,620.25 1,586,620.25 1,586,620.25 1,586,620.25 1,586,620.25 1,586,620.25
- 1,972,019.75 - 1,969,041.25 - 1,971,801.25 - 1,969,041.25 - 2,026,541.25 20,803,205.60
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,107,244.15
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
191

Statement of Income
Cost increse 15%
15.00%
Jan
15.00%
Feb
15.00%
Mar
15.00%
Apr
15.00%
May
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
104,281.00
4,288.83
184,560.17
42,000.00
385,399.50
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
104,091.00
4,288.83
184,560.17
42,000.00
385,181.00
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
15.00%
Jun
15.00%
Jul
15.00%
Aug
15.00%
Sep
15.00%
Oct
15.00%
Nov
15.00%
Dec
Total
32,520,000.00
32,520,000.00 32,520,000.00
97,560,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
24,631,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
24,631,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
24,631,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
23,667,000.00
73,893,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
921,174.15
4,288.83
184,560.17
42,000.00
934,744.15
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
6,468,189.95
23,696,255.85 23,523,755.85 -
382,421.00 -
382,421.00 - 382,421.00 - 382,421.00
1,685,620.25 1,685,620.25 1,685,620.25 1,685,620.25 1,685,620.25 1,685,620.25
22,010,635.60 21,838,135.60 - 2,068,041.25 - 2,068,041.25 - 2,068,041.25 - 2,068,041.25
67,424,810.05
20,227,443.02
47,197,367.04
101,691.00
50,000.00
4,288.83
184,560.17
42,000.00
439,921.00
- 385,399.50 - 382,421.00 -
385,181.00 - 382,421.00 - 439,921.00 23,709,825.85
1,685,620.25 1,685,620.25 1,685,620.25 1,685,620.25 1,685,620.25 1,685,620.25
- 2,071,019.75 - 2,068,041.25 - 2,070,801.25 - 2,068,041.25 - 2,125,541.25 22,024,205.60
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,107,244.15
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
192

Statement of Income
Cost increse 15%
15.00%
Jan
15.00%
Feb
15.00%
Mar
15.00%
Apr
15.00%
May
Revenues
Sale
Cost of goods sold
AA 18
A 12
B9
C2
firewood
box
Gross income
Expense
wage
EBIT
Tax 30%
104,281.00
4,288.83
184,560.17
42,000.00
385,399.50
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
104,091.00
4,288.83
184,560.17
42,000.00
385,181.00
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
15.00%
Jun
15.00%
Jul
15.00%
Aug
33,840,000.00
33,840,000.00 33,840,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
25,951,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
25,951,000.00
101,691.00
354,000.00
111,573.00
2,908.00
101,691.00
365,800.00
111,573.00
2,908.00
4,288.83
184,560.17
42,000.00
921,174.15
4,288.83
184,560.17
42,000.00
934,744.15
101,691.00
50,000.00
4,288.83
184,560.17
42,000.00
439,921.00
- 385,399.50 - 382,421.00 -
385,181.00 - 382,421.00 - 439,921.00 25,029,825.85
1,784,620.25 1,784,620.25 1,784,620.25 1,784,620.25 1,784,620.25 1,784,620.25
- 2,170,019.75 - 2,167,041.25 - 2,169,801.25 - 2,167,041.25 - 2,224,541.25 23,245,205.60
15.00%
Sep
15.00%
Oct
15.00%
Nov
15.00%
Dec
Total
101,520,000.00
1,080,000.00
3,000,000.00
1,350,000.00
80,000.00
250,000.00
1,100,000.00
7,889,000.00
25,951,000.00
3,240,000.00
9,000,000.00
4,050,000.00
240,000.00
750,000.00
3,300,000.00
23,667,000.00
77,853,000.00
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
1,225,282.00
1,085,600.00
334,719.00
8,724.00
200,000.00
51,466.00
2,214,722.00
504,000.00
6,468,189.95
25,016,255.85 24,843,755.85 -
382,421.00 -
382,421.00 - 382,421.00 - 382,421.00
1,784,620.25 1,784,620.25 1,784,620.25 1,784,620.25 1,784,620.25 1,784,620.25
23,231,635.60 23,059,135.60 - 2,167,041.25 - 2,167,041.25 - 2,167,041.25 - 2,167,041.25
71,384,810.05
21,415,443.02
49,969,367.04
101,691.00
365,800.00
111,573.00
2,908.00
150,000.00
4,288.83
184,560.17
42,000.00
1,107,244.15
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
101,691.00
4,288.83
184,560.17
42,000.00
382,421.00
193
Group Name: Light Longan Asian Fruits

Section: 1 Seating: 5
Group Member Team:

1. ID: 5031203006
Mr. Khidtapol Puston
Tel. 087-507-7725
E-mail: Create_tt@hotmail.com
2. ID: 5031205146
Miss Theerain Nittaya
Tel. 086-192-9998
E-mail: may__onnaise@hotmail.com
3. ID: 52131203097
Mr. Theppakorn Saison
Tel. 087-578-8327
E-mail: Pamthai000@hotmail.com
4. ID: 5131203124
Mr. Yuttana Fouwong
Tel: 090-469-0618
E-mail: Flash_blues@hotmail.com
5. ID: 5231203006
Mr. Kittin Luangwanna
Tel. 087-301-9044
E-mail: kitty_n-a-r-a-k@hotmail.com
6. ID: 5231203031
Miss Chompunoot Pongsopa Tel. 084-055-0491
E-mail: chompunoot_pongsopa@hotmail.com
7. ID: 5231203068
Miss Piyanoot Muenapai
Tel. 084-613-2638
E-mail: prettybewty@hotmail.com
8. ID: 5231203097
Miss Yupaporn Praiwan
E-mail: koy_lovekitty@hotmail.com
Tel. 087-727-5255
194
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Light Longan Asian Fruit Seat No.5 Sect 1

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Acknowledgement

Miss Chompunoot Pongsopa

1.1 Background and significance of the project

1.2 Project objective

1.3 Benefit of project

1.4 Activities/Time Frame

Chapter 2 Industry Profile

2.1 Nature of industry

2.2 Situation of Industry

2.3 Product and Service

- 2.6.1 Corporate Level

- 2.6.2 Business Strategy

- 2.6.3 Functional Strategy

Chapter 3 Marketing Feasibility Study

3.1 Marketing Analysis

- 3.1.1 General Environment Analysis

- 3.1.2 Competition Analysis (3Cs) Analysis

- 3.1.3 Target Analysis

- 3.1.4 Position Analysis

3.2 Marketing Mix Strategy

- 3.2.1 Product strategy

- 3.2.2 Price strategy

- 3.2.3 Place strategy

- 3.2.4 Promotion Strategy

3.3 Sale Forecast /Profit Estimation

3.4 Marketing Expenses (sale incentive)

3.5 Conclusion in market feasibility

4.1 Cost of investment

- 4.1.1 Pre-Operating cost

4.2 Equipment and tool

- 4.3.1 Depreciation of Pre-Operating cost

- 4.3.2 Depreciation of equipment/tools

5.1 Raw material

- 5.1.1 Product Characteristics

- 5.1.2 Cost of raw material (fresh longan)

- 5.1.5 Total raw material

5.2 Direct Labor

- 5.2.1 Male Staff

- 5.2.2 Female Staff

- 5.2.3 Wages of male staff and female staff

- 5.3.1 Water Expense

- 5.3.4 Total overhead

5.4 Service Process

5.5 Facility Management

Chapter 6 Organization /Administration

6.1 Management Analysis

- 6.1.1 Organization Management

6.2 Organization Chart

6.3 Administration Cost

- 6.3.1 Employee Salary

- 6.3.2 Stationary Expense

- 6.3.3 Electric Expense

- 6.3.4 Water Expense

- 6.3.5 Internet expense/month

- 6.3.6 Telephone expense/month

- 6.3.7 Billboard tax

6.4 Explanation Administration Cost

6.5 Administration Cost

6.6 Technical Feasibility Conclusion

Chapter 7 Financial Analysis

7.1 Income Statement

7.2 Statement of Cash Flow

7.3 Balance Sheet