S.

No Description of works Total Cost in birr

1 Building construction 4,104,000.00

2 Site Development 10,000.00

3 Design and supervision 18,000.00

Total 4,132,000.00
 Initial Investiment Require for Project

Item Quantity Unit Cost

Feedlot Construction 1 4,104,000.00

Animal Feed Processing

Feeders 60 1,000.00
Drinkers 60 10,000.00
Company Registration 1 5,000.00
Transport from source + licenses 60 5,500.00
Transport + licenses to market 60 1,500.00
Cattle(250 Kg @ $1/Kg live weight) 60 45,000.00
Repairs and Maintenance/year 1 10,000.00
Contingency Cash 1 175,000.00
Feed Kg (1 cycle advance) 64,800 27.00
Veterinary Supplies (1 cycle advance) 50 1,000.00
Salaries (1 cycle advance) 1 568,800.00
Total
 Total
4,104,000.00 2,000,000.00

60,000.00 5,000.00
600,000.00
5,000.00
330,000.00
90,000.00
2,700,000.00
10,000.00
175,000.00
1,749,600.00
50,000.00
568,800.00
10,442,400.00
No. Item Quantity

1 Battery cage with accessories 40

2 Feeders 40
3 Drinkers 40
4 Purchase of egg tray 300
5 Backup electric Generator (5kv) low noise 1
6 Water tank (5,000 liter) 2
7 Trolley cart 2
8 Office tables 3
9 Office chairs 8
10 Shelf 3
11 Metal shelf for egg storage 5
12 Desktop computers 2
13 Printer 1
Total
Unit price Total price

5,720.00 228,800.00
200 8,000.00
150 6,000.00
100 30,000.00

50,000.00 50,000.00
15,000.00 30,000.00
2,000.00 4,000.00
5,000.00 15,000.00
1,500.00 12,000.00
6,000.00 18,000.00
1,000.00 5,000.00
15,000.00 30,000.00
7,500.00 7,500.00
444,300.00
 Required Monthly salary
No Description
number (Birr)

1 General Manager 1 8,000.00

2 Farm Manager 1 6,500.00

3 Marketing Manager 1 6,000.00

4 Finance Administration Managed 1 6,000.00

5 Farm supervisor 2 5,000.00

6 Veterinary 2 7,000.00

7 Accountant 2 5,500.00

8 Feed workers 16 3,500.00

9 Marketing and sales man 5 4,500.00

10 Guard and Janitor 6 3,000.00

Sub-Total 37 55,000.00

Employees benefit 20%

Grand Total
Annual salary(Birr)

96,000.00

78,000.00

72,000.00

72,000.00

120,000.00

168,000.00

132,000.00

672,000.00

270,000.00

216,000.00

1,896,000.00

379,200.00
2,275,200.00
Decription/Year 1 2 3
Wages 160,000.00 176,000.00 193,600.00
Purchase Cattle feed 5,896,080.00 6,485,688.00 7,134,256.80
Purchase Poultry supplement feed 902,000.00 992,200.00 1,091,420.00
Purchase Uniforms 33,300.00 36,630.00 40,293.00
Purchase vaccine and medication 52,500.00 57,750.00 63,525.00
Mainatence 36,000.00 39,600.00 43,560.00
Utilities - - -
Total Operating Cost 7,079,880.00 7,787,868.00 8,566,654.80
 4 5
212,960.00 234,256.00
7,847,682.48 8,632,450.73
1,200,562.00 1,320,618.20
44,322.30 48,754.53
69,877.50 76,865.25
47,916.00 52,707.60
- -
9,423,320.28 10,365,652.31
No. Item Required budget ETB
1
Purchase of cattle 1,110,000.00
2
Cattle feed for three months
1,474,020.00
3
Other cost for three months
225,500.00
4
Vaccine and medication for three month 52,500.00
5
Purchase of uniforms 33,300.00
6
Utilities for three months
7
Maintenance cost for three months 9,000.00
8 Promotion for three months 10,000.00

Total 2,914,320.00
 Projected profit and Loss Statement
Income Statement Year 1 Year 2 Year 3
Revenue
Cattle Sales 19200000 21120000 23232000.00
Cost of goods sold 6,298,224.00 11809296.00 11809296.00
Gross Profit 12,901,776.00 9310704 11,422,704.00
Operating Expenses
Salaries 2,275,200.00 2,502,720.00 2,752,992.00
Depreciation 206,600.00 206,600.00 206,600.00
Water (Borehole) 24,000.00 24,000.00 24,000.00
Advertising - - -
Repairs and maintenance 82,640.00 90,904.00 99,994.40
Contingency 645,088.80 465,535.20 571,135.20
Total Operating Expenses 3,233,528.80 3,289,759.20 3,654,721.60
Net Profit Before Tax 9,668,247.20 6,020,944.80 7,767,982.40
Tax (25%) 2,417,061.80 1,505,236.20 1,941,995.60
Net Profit After Tax 7,251,185.40 4,515,708.60 5,825,986.80
nt

Year 4 Year 5 Year 6 Year 7 Year 8

25555200.00 28110720.00 30921792.00 34013971.20 37415368.32

11809296.00 11809296.00 11809296.00 11809296.00 11809296.00
13,745,904.00 16,301,424.00 19,112,496.00 22,204,675.20 25,606,072.32

3,028,291.20 3,331,120.32 3,664,232.35 4,030,655.59 4,433,721.15

206,600.00 206,600.00 206,600.00 206,600.00 206,600.00
24,000.00 24,000.00 24,000.00 24,000.00 24,000.00

109,993.84 120,993.22 133,092.55 146,401.80 161,041.98

687,295.20 815,071.20 955,624.80 1,110,233.76 1,280,303.62
4,056,180.24 4,497,784.74 4,983,549.70 5,517,891.15 6,105,666.74
9,689,723.76 11,803,639.26 14,128,946.30 16,686,784.05 19,500,405.58
2,422,430.94 2,950,909.81 3,532,236.58 4,171,696.01 4,875,101.39
7,267,292.82 8,852,729.44 10,596,709.73 12,515,088.04 14,625,304.18
Year 9 Year 10

41156905.15 45272595.67
11809296.00 11809296.00
29,347,609.15 33,463,299.67

4,877,093.26 5,364,802.59
206,600.00 206,600.00
24,000.00 24,000.00

177,146.18 194,860.80
1,467,380.46 1,673,164.98
6,752,219.90 7,463,428.37
22,595,389.25 25,999,871.30
5,648,847.31 6,499,967.83
16,946,541.94 19,499,903.48
Description 1 Year 2 Year
Opening Balance - 29,119.00
Cash Sales 19,200,000.00 21,120,000.00

Subtotal Cash from 19,200,000.00 67,760.00

Operations
Additional Cash Received
Start-up Capital 10,442,400.00 -
Subtotal Cash Received 10,442,400.00 -

Cash Expenditures

Cattle,feed,vet,transport 6,298,224.00 6,928,046.40

Operating Expenses 744,000.00 818,400.0

Subtotal Spent on Operations 7,042,224.00 7,746,446.40
Additional Cash Spent
Taxes - 2,417,061.80
Loan Repayment - -

Bank Overdraft Repayment - -

Purchase Fixed Assets 444,300.00 -

Subtotal Additional Cash 444,300.00 2,417,061.80

Spent
Net Cash Flow 11,699.00

Cash Balance 29,119.00 40,818.00

3 Year 4 Year 5 Year 6 Year 7 Year
40,818.00
23,232,000.00 25,555,200.00 28,110,720.00 30,921,792.00 34,013,971.20

67,760.00

-
-

7,620,851.04 8,382,936.14 9,221,229.76 10,143,352.73 11,157,688.01

900,240.0 990,264.0 1,089,290.4 1,198,219.4 1,318,041.4

8,521,091.04 9,373,200.14 10,310,520.16 11,341,572.17 12,475,729.39

1,505,236.20 1,941,995.60 2,422,430.94 2,950,909.81 3,532,236.58

-

1,505,236.20 1,941,995.60 2,422,430.94 2,950,909.81 3,532,236.58

11,699.00

52,517.00
8 Year 9 Year 10 Year

37,415,368.32 41,156,905.15 45,272,595.67

12,273,456.81 13,500,802.49 14,850,882.74

1,449,845.5 1,594,830.1 1,754,313.1

13,723,302.33 15,095,632.56 16,605,195.82

4,171,696.01 4,875,101.39 5,648,847.31

4,171,696.01 4,875,101.39 5,648,847.31

 Loan Repayment Schedule

Year Interest 10% Repaid Principal Remain Balance

0 Err:509
1 141,937.07 296,578.75 Err:509
2 115,244.98 323,270.84 Err:509
3 86,150.60 352,365.21 Err:509
4 54,437.73 384,078.08 Err:509
5 19,870.71 418,645.12 Err:509