1.

05
LILICOAL
For the Years Ended December 31, 2024-2028

2022 2023 2024 2025 2026

 Schedule 3 - Salaries and Employee Benefits
SALARIES EXPENSE Monthly Salary Annual Salary 2022 2023 2024 2025 2026
Direct Labor
Workers 1 11,280.00 135,360.00 135,360.00 142,128.00 149,234.40 156,696.12 164,530.93
Workers 2 11,280.00 135,360.00 135,360.00 142,128.00 149,234.40 156,696.12 164,530.93
Workers 3 11,280.00 135,360.00 135,360.00 142,128.00 149,234.40 156,696.12 164,530.93
Workers 4 11,280.00 135,360.00 135,360.00 142,128.00 149,234.40 156,696.12 164,530.93
Workers 5 11,280.00 135,360.00 135,360.00 142,128.00 149,234.40 156,696.12 164,530.93
Total 56,400.00 676,800.00 676,800.00 710,640.00 746,172.00 783,480.60 822,654.63

General and Administrative

General Manager 32,384.00 388,608.00 388,608.00 408,038.40 428,440.32 449,862.34 472,355.45
Accounting Manager 29,010.00 348,120.00 348,120.00 365,526.00 383,802.30 402,992.42 423,142.04
Production Supervisor 21,908.00 262,896.00 262,896.00 276,040.80 289,842.84 304,334.98 319,551.73
Sales Executive 16,694.00 200,328.00 200,328.00 210,344.40 220,861.62 231,904.70 243,499.94
Salesman 15,969.00 191,628.00 191,628.00 201,209.40 211,269.87 221,833.36 232,925.03
Total 115,965.00 1,391,580.00 1,391,580.00 1,461,159.00 1,534,216.95 1,610,927.80 1,691,474.19

Total Salaries Expense 172,365.00 2,068,380.00 2,068,380.00 2,171,799.00 2,280,388.95 2,394,408.40 2,514,128.82

13TH MONTH PAY Monthly Salary 2022 2023 2024 2025 2026
Direct Labor
Workers 1 11,280.00 11,280.00 11,844.00 12,436.20 13,058.01 13,710.91
Workers 2 11,280.00 11,280.00 11,844.00 12,436.20 13,058.01 13,710.91
Workers 3 11,280.00 11,280.00 11,844.00 12,436.20 13,058.01 13,710.91
Workers 4 11,280.00 11,280.00 11,844.00 12,436.20 13,058.01 13,710.91
Workers 5 11,280.00 11,280.00 11,844.00 12,436.20 13,058.01 13,710.91
Total 56,400.00 56,400.00 59,220.00 62,181.00 65,290.05 68,554.55

General and Administrative Monthly Salary 2022 2023 2024 2025 2026
 General Manager 32,384.00 32,384.00 34,003.20 35,703.36 37,488.53 39,362.95
Accounting Manager 29,010.00 29,010.00 30,460.50 31,983.53 33,582.70 35,261.84
Production Supervisor 21,908.00 21,908.00 23,003.40 24,153.57 25,361.25 26,629.31
Sales Executive 16,694.00 16,694.00 17,528.70 18,405.14 19,325.39 20,291.66
Salesman 15,969.00 15,969.00 16,767.45 17,605.82 18,486.11 19,410.42
Total 115,965.00 115,965.00 121,763.25 127,851.41 134,243.98 140,956.18

Total 13th Month Pay 172,365.00 172,365.00 180,983.25 190,032.41 199,534.03 209,510.73

EMPLOYER CONTRIBUTION

SSS CONTRIBUTIONS - ER Monthly Annual 2022 2023 2024 2025 2026

Direct Labor
Workers 1 930.00 11,160.00 11,160.00 11,718.00 12,303.90 12,919.10 13,565.05
Workers 2 930.00 11,160.00 11,160.00 11,718.00 12,303.90 12,919.10 13,565.05
Workers 3 930.00 11,160.00 11,160.00 11,718.00 12,303.90 12,919.10 13,565.05
Workers 4 930.00 11,160.00 11,160.00 11,718.00 12,303.90 12,919.10 13,565.05
Workers 5 930.00 11,160.00 11,160.00 11,718.00 12,303.90 12,919.10 13,565.05
Total 4,650.00 55,800.00 55,800.00 58,590.00 61,519.50 64,595.48 67,825.25

General and Administrative

General Manager 1,630.00 19,560.00 19,560.00 20,538.00 21,564.90 22,643.15 23,775.30
Accounting Manager 1,630.00 19,560.00 19,560.00 20,538.00 21,564.90 22,643.15 23,775.30
Production Supervisor 1,630.00 19,560.00 19,560.00 20,538.00 21,564.90 22,643.15 23,775.30
Sales Executive 1,350.00 16,200.00 16,200.00 17,010.00 17,860.50 18,753.53 19,691.20
Salesman 1,310.00 15,720.00 15,720.00 16,506.00 17,331.30 18,197.87 19,107.76
Total 7,550.00 90,600.00 90,600.00 95,130.00 99,886.50 104,880.83 110,124.87
Total SSS Contributions 12,200.00 146,400.00 146,400.00 153,720.00 161,406.00 169,476.30 177,950.12

PHILHEALTH CONTRIBUTIONS - ER 2022 2023 2024 2025 2026

 Monthly Annual
Direct Labor
Workers 1 225.60 2,707.20 2,707.20 2,842.56 2,984.69 3,133.92 3,290.62
Workers 2 225.60 2,707.20 2,707.20 2,842.56 2,984.69 3,133.92 3,290.62
Workers 3 225.60 2,707.20 2,707.20 2,842.56 2,984.69 3,133.92 3,290.62
Workers 4 225.60 2,707.20 2,707.20 2,842.56 2,984.69 3,133.92 3,290.62
Workers 5 225.60 2,707.20 2,707.20 2,842.56 2,984.69 3,133.92 3,290.62
Total 1,128.00 13,536.00 13,536.00 14,212.80 14,923.44 15,669.61 16,453.09

General and Administrative

General Manager 647.68 7,772.16 7,772.16 8,160.77 8,568.81 8,997.25 9,447.11
Accounting Manager 580.20 6,962.40 6,962.40 7,310.52 7,676.05 8,059.85 8,462.84
Production Supervisor 876.32 10,515.84 10,515.84 11,041.63 11,593.71 12,173.40 12,782.07
Sales Executive 667.76 8,013.12 8,013.12 8,413.78 8,834.46 9,276.19 9,740.00
Salesman 319.38 3,832.56 3,832.56 4,024.19 4,225.40 4,436.67 4,658.50
Total 3,091.34 37,096.08 37,096.08 38,950.88 40,898.43 42,943.35 45,090.52

Total Philhealth Contributions 4,219.34 50,632.08 50,632.08 53,163.68 55,821.87 58,612.96 61,543.61

PAG-IBIG CONTRIBUTIONS - ER 2022 2023 2024 2025 2026

Monthly Annual Monthly
Direct Labor
Workers 1 100.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00
Workers 2 100.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00
Workers 3 100.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00
Workers 4 100.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00
Workers 5 100.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00
Total 500.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
LILICOAL
GENERAL /FINANCIAL ASSUMPTIONS

Each of the three (3) partners will contribute P100,000 as an initial investment, with a total of
P300,000 as the initial capital.
The business will start its operation on January 1, 2022, thus the start of the financial
projection will be from January 2022 – December 2026 having a 5-year projection.
The company is using calendar period of reporting ending December 31, 2024-2028

The volume of sales for sales revenue is assumed to be 90% of the computed annual
maximum capacity of the business for the starting year and increase 5% every year
Average product mark up pricing at 70%

Payable to suppliers with credit terms averaging of 30 days

Inflation rate is assumed at 5% per annum

Tax rate is based on corporate income tax rate of 25%

SSS, PHIC and Pag ibig is one month due against government agency

Income tax payable represent 3 months due against BIR

Prepaid rent covered a 1-month advance payment

Fixed assets depreciated using straight line method

Each partner can withdraw up to 70% of his share in annual net income
 LILICOAL
PROJECTED STATEMENT OF COMPREHENSIVE INCOME
For the Years Ended December 31, 2024-2028

July Aug Sep Oct 2026

Sales Revenue 1,000.00

Less: Cost of Sales 300.00 100.00
Gross Income 700.00 (100.00) - - -
Less: General and Administrative Expenses
Salaries Expense
Utilites Expense 100.00
Advertising Expense
Production Supplies Expense
Taxes and Licenses 30.00
Rent Expense
Depreciation Expense
Total General and Administrative Expenses 130.00 - - - -
Net Income 570.00 (100.00) - - -
Add: Other Income(Interest) 20.00
Net Income Before Tax 590.00 (100.00) - - -
Less: Income Tax (25%) 147.50 - - - -
Net Income After Tax 442.50 (100.00) - - -
NIBT% #REF! #REF! #REF! #REF! #REF!
1 - Sales 2022 2023 2024 2025 2026
Annual Sales Volume 2,336,256 2,453,069 2,575,722 2,704,508 2,839,734
Unit Price 1.21 1.27 1.33 1.40 1.47
Total 2,826,869.76 3,116,623.91 3,436,077.86 3,788,275.84 4,176,574.12
Mark-up (70%) 1,978,808.83 2,181,636.74 2,405,254.50 2,651,793.09 2,923,601.88
Sales Revenue 4,805,678.59 5,298,260.65 5,841,332.36 6,440,068.93 7,100,176.00

2 - Cost of Goods Sold 2022 2023 2024 2025 2026

Direct Material per unit 0.50 0.53 0.55 0.58 0.61
Direct Labor per unit 0.24 0.25 0.26 0.28 0.29
Overhead per unit 0.47 0.49 0.52 0.54 0.57
Total Cost per unit 1.21 1.27 1.33 1.40 1.47
Multiplied by annual sales volume 2,336,256 2,453,069 2,575,722 2,704,508 2,839,734
Cost of Sales 2,826,869.76 3,116,623.91 3,436,077.86 3,788,275.84 4,176,574.12

3 - Salaries Expense 2022 2023 2024 2025 2026

Salaries Expense 1,391,580.00 1,461,159.00 1,534,216.95 1,610,927.80 1,691,474.19
13th Month Pay 115,965.00 121,763.25 127,851.41 134,243.98 140,956.18
SSS Contribution- ER Share 90,600.00 95,130.00 99,886.50 104,880.83 110,124.87
Philhealth Contribution - ER Share 37,096.08 38,950.88 40,898.43 42,943.35 45,090.52
Pag-Ibig Contribution - ER Share 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
Salaries Expense 1,641,241.08 1,723,003.13 1,808,853.29 1,898,995.96 1,993,645.75

4 - Utilities Expense 2022 2023 2024 2025 2026

Electricity 31,824.00 33,415.20 35,085.96 36,840.26 38,682.27
Water 10,548.00 11,075.40 11,629.17 12,210.63 12,821.16
Gas 112,800.00 118,440.00 124,362.00 130,580.10 137,109.11
Total 155,172.00 162,930.60 171,077.13 179,630.99 188,612.54
Allocated to G&A Expense 50% 50% 50% 50% 50%
Utilities Expense - G&A 77,586.00 81,465.30 85,538.57 89,815.49 94,306.27
Telephone and Internet 15,600.00 16,380.00 17,199.00 18,058.95 18,961.90
Utilities Expense 93,186.00 97,845.30 102,737.57 107,874.44 113,268.17

5 - Advertising Expense 2022 2023 2024 2025 2026

Facebook Ads 3,000.00 3,150.00 3,307.50 3,472.88 3,646.52
Total Advertising Expense 3,000.00 3,150.00 3,307.50 3,472.88 3,646.52

6 - Store Supplies Expense 2022 2023 2024 2025 2026

Store Supplies 5,600.00 5,880.00 6,174.00 6,482.70 6,806.84
Medical Supplies 1,620.00 1,701.00 1,786.05 1,875.35 1,969.12
Cleaning Supplies 1,311.00 1,376.55 1,445.38 1,517.65 1,593.53
Office Supplies 10,200.00 10,710.00 11,245.50 11,807.78 12,398.16
Total Store Supplies Expense 18,731.00 19,667.55 20,650.93 21,683.47 22,767.65

7 - Registration and Licenses July 2023 2024 2025 2026

DTI Business Registration 200.00 210.00 220.50 231.53 243.10
Sales Tax 30.00 31.50 33.08 34.73 36.47
Community Tax Certificate - - - -
Sanitart Inspection Fee - - - -
Barangay Clearance - - - -
Notary Fee for AoP - - - -
AoP Filing Fee - - - -
Sticker Fee - - - -
Certification Fee - - - -
BIR Registration Fee - - - -
SEC Business name reservation - - - -
SEC Registration fee - - - -
BIR Documentary Stamps - - - -
Fire Safety Inspection Certificate - - - -
 Business Permit - - - -
Total Registration and Licenses 230.00 241.50 253.58 266.25 279.57

8 - Rent Expense 2022 2023 2024 2025 2026

Monthly Rent Expense 10,000.00 10,500.00 11,025.00 11,576.25 12,155.06
Multiplied by 12 months 12 12 12 12 12
Total Rent Expense 120,000.00 126,000.00 132,300.00 138,915.00 145,860.75

9 - Depreciation Expense 2022 2023 2024 2025 2026

Machinery and Equipment 27.78 27.78 27.78 27.78 27.78
Office Equipment 5,137.40 5,137.40 5,137.40 5,137.40 5,137.40
Furniture and Fixtures 8,700.00 8,700.00 8,700.00 8,700.00 8,700.00
Total Depreciation Expense 13,865.18 13,865.18 13,865.18 13,865.18 13,865.18

Schedule 1 - Direct Materials 2022 2023 2024 2025 2026

Raw Materials 0.24 0.25 0.26 0.28 0.29
Packaging 0.26 0.27 0.29 0.30 0.32
Total Direct Materials 0.50 0.53 0.55 0.58 0.61

Schedule 2 - Overhead 2022 2023 2024 2025 2026

Electricity 0.35 0.37 0.39 0.41 0.43
Water 0.12 0.13 0.13 0.14 0.15
Total Overhead Cost 0.47 0.49 0.52 0.54 0.57
Assume annual maximum capacity
260 briquettes per 15 minutes
8 operating hrs per day
312 operating days
2,595,840 annual maximum capacity

70% Mark up
 LILICOAL
PROJECTED STATEMENT OF FINANCIAL POSITION
For the Years Ended December 31, 2024-2028

July Aug Sep Oct 2026

Current Assets:
Cash on Hand & Bank 1,000 772,509 1,073,653 1,404,181 1,767,112
Finished Goods 30 10 - - -
Prepaid Rent 10,000 10,500 11,025 11,576 12,155
Total Current Assets 11,030 783,019 1,084,678 1,415,757 1,779,267
Non-Current Assets:
Machinery and Equipment 917 833 750 667 583
Office Equipment 20,550 15,412 10,275 5,137 -
Furnitures And Fixtures 34,800 26,100 17,400 8,700 -
Total Non-Current Assets 56,266 42,346 28,425 14,504 583
TOTAL ASSETS 564,629 825,365 1,113,103 1,430,261 1,779,851

Liabilities:
Accounts Payable 235,572 495,291 781,631 1,097,321 1,445,368
Philhealth Payable 8,439 8,861 9,304 9,769 10,257
SSS/EC Payable 18,200 19,110 20,066 21,069 22,122
Pag-Ibig Payable 2,000 2,000 2,000 2,000 2,000
Accrued Expenses 100
Accrued Taxes 30
Income Tax Payable 155 - - - -
Total Liabilities 264,496 525,262 813,000 1,130,158 1,479,748
Partner's Equity
Anastacio, Capital Ending 100,044 100,034 100,034 100,034 100,034
Dela Cruz, Capital Ending 100,044 100,034 100,034 100,034 100,034
Fernandez, Capital Ending 100,044 100,034 100,034 100,034 100,034
Total Partner's Equity 300,133 300,103 300,103 300,103 300,103
 LILICOAL
PROJECTED STATEMENT OF FINANCIAL POSITION
For the Years Ended December 31, 2024-2028
TOTAL LIAB. AND EQUITY 564,629 825,365 1,113,103 1,430,261 1,779,851
 BANK STATEMENT
deposit withdrawal balance
cash in bank 50,000.00 July
equipment 5,000.00 45,000.00
30,000.00 75,000.00
18,000.00 57,000.00
Interest 50 57,050.00
1,500.00 55,550.00 31-Dec
Income Statement Balance Sheet
Sales 30,000.00 Operating Acitivty
Cost of Sales 18,000.00 Cash 50,000 45,000.00 55,550.00 Net Income
Gross Profit 12,000.00 Equipment 5,000.00 4,500.00 Add Depn
Expenses- 1,500.00 Net Inc in Payable
Sales Tax 900.00 Total Assets 50,000.00 60,050.00
Utility 100.00 Cash operating Acti
Depreciation Exp 500.00 Liability
Net Income 9,000.00 Utility Payable 100.00 Investing Acitvity
Add Interest 50.00 Tax Payable 900.00 Acquire Equipment
Income with In 9,050.00 Total Liability 1,000.00 Net Cash
Add: Cash Beg
Equity 50,000 50,000.00 50,000.00 Cash End
9,050.00
Total Equity' 59,050.00
Total Liability and Equit 50,000.00 60,050.00
 Cash Flow
Operating Acitivty
Net Income 9,050.00
500.00
Net Inc in Payable 1,000.00

Cash operating Acti 10,550.00

Investing Acitvity
Acquire Equipment (5,000.00)
5,550.00 -
Add: Cash Beg 50,000.00
55,550.00
 LILICOAL
PROJECTED STATEMENT OF CASH FLOWS
For the Years Ended December 31, 2024-2028

OPERATING ACTIVITIES 2022 2023 2024 2025 2026

Net Income 443 (100) - - -
Add: Depreciation 13,865 13,865 13,865 13,865 13,865
Add(deduct) Reconciling Items:
Net Increase in Finished Goods (30) 20 10 - -
Net Increase in Prepaid Rent (10,000) (500) (525) (551) (579)
Net Increase in Accounts Payable 235,572 259,719 286,340 315,690 348,048
Net Increase in Philhealth Payable 8,439 422 443 465 488
Net Increase in SSS/EC Payable 18,200 910 956 1,003 1,053
Net Increase in Pag-Ibig Payable 2,000 - - - -
Net Increase in Income Tax Payable 155 (155) - - -
Net Operating Activities 268,644 274,181 301,089 330,472 362,876

INVESTING ACTIVITIES
Purchase of
Office Equipment (1,000)
Service Equipment (25,687)
Furnitures And Fixtures (43,500)
Net Investing Activities (70,187) - - - -

FINANCING ACTIVITIES
Capital Investment 300,000
Net Income Distributable to Partners (310) - - - -
Net Financing Activities 299,690 - - - -
Total Net Cash Flow 498,147 274,181 301,089 330,472 362,876
Add: Cash beg. 498,147 772,328 1,073,416 1,403,888
Cash Ending Balance 498,147 772,328 1,073,416 1,403,888 1,766,765
 LILICOAL
PROJECTED STATEMENT OF PARTNER'S EQUITY
For the Years Ended December 31, 2024-2028

2022 2023 2024 2025 2026

Capital Beginning 300,133 300,033 300,033 300,033
Investment 300,000 ###
Add: Net Income 443 (100) - - -
Total Partner's Equity 300,443 300,033 300,033 300,033 300,033
Less: Withdrawals (310) - - - -
Capital Ending 300,133 300,033 300,033 300,033 300,033

Distribution of Partner's Equity

Anastacio, Capital Beginning 100,000 100,044 100,089 100,133 100,177
Add: Share in Net Income 148 148 148 148 148
Less: Withdrawals (103) (103) (103) (103) (103)
Anastacio, Capital Ending 100,044 100,089 100,133 100,177 100,221

Dela Cruz, Capital Beginning 100,000 100,044 100,089 100,133 100,177

Add: Share in Net Income 148 148 148 148 148
Less: Withdrawals (103) (103) (103) (103) (103)
Dela Cruz, Capital Ending 100,044 100,089 100,133 100,177 100,221

Fernandez, Capital Beginning 100,000 100,044 100,089 100,133 100,177

Add: Share in Net Income 148 148 148 148 148
Less: Withdrawals (103) (103) (103) (103) (103)
Fernandez, Capital Ending 100,044 100,089 100,133 100,177 100,221
Cash on Hand & Bank 2022 2023 2024 2025 2026
Cash in Bank (19,000) 752,509 1,053,653 1,384,181 1,747,112
Petty Cash 20,000 20,000 20,000 20,000 20,000
Cash on Hand & Bank 1,000 772,509 1,073,653 1,404,181 1,767,112

Prepaid Rent 2022 2023 2024 2025 2026

Rent payment 1-month advance 10,000 10,500 11,025 11,576 12,155

Machinery and Equipment 2022 2023 2024 2025 2026

Machinery and Equipment - Cost 1,000 1,000 1,000 1,000 1,000
Accumulated Depreciation -Machinery and E (28) (56) (83) (111) (139)
Machinery and Equipment -Net 972 944 917 889 861

Office Equipment 2022 2023 2024 2025 2026

Office Equipment - Cost 25,687 25,687 25,687 25,687 25,687
Accumulated Depreciation - Office Equipment (5,137) (10,275) (15,412) (20,550) (25,687)
Office Equipment -Net 20,550 15,412 10,275 5,137 -

Furniture & Fixtures 2022 2023 2024 2025 2026

Furniture & Fixtures - Cost 43,500 43,500 43,500 43,500 43,500
Accum. Depreciation - Furniture & Fixtures (8,700) (17,400) (26,100) (34,800) (43,500)
Furniture & Fixtures - Net 34,800 26,100 17,400 8,700 -

Accounts Payable 2022 2023 2024 2025 2026

Accounts Payable, Beginning 235,572 495,291 781,631 1,097,321
Add: Purchases 2,826,870 3,116,624 3,436,078 3,788,276 4,176,574
Less: Payment to Suppliers (2,591,297) (2,856,905) (3,149,738) (3,472,586) (3,828,526)
Accounts Payable, Ending 235,572 495,291 781,631 1,097,321 1,445,368

Philhealth Payable 2022 2023 2024 2025 2026

Philhealth Payable, Beginning 8,439 8,861 9,304 9,769
Add: Philhealth Contributions for the year 101,264 106,327 111,644 117,226 123,087
Less: Philhealth Payment for the Year (92,825) (105,905) (111,201) (116,761) (122,599)
Philhealth Payable, Ending 8,439 8,861 9,304 9,769 10,257

SSS Payable 2022 2023 2024 2025 2026

SSS Payable, Beginning 18,200 19,110 20,066 21,069
Add: SSS Contributions for the year 218,400 229,320 240,786 252,825 265,467
Less: SSS Payment for the Year (200,200) (228,410) (239,831) (251,822) (264,413)
SSS Payable, Ending 18,200 19,110 20,066 21,069 22,122

Pag-Ibig Payable 2022 2023 2024 2025 2026

Pag-Ibig Payable, Beginning 2,000 2,000 2,000 2,000
Add: Pag-Ibig Contributions for the year 24,000 24,000 24,000 24,000 24,000
Less: Pag-Ibig Payment for the Year (22,000) (24,000) (24,000) (24,000) (24,000)
Pag-Ibig Payable, Ending 2,000 2,000 2,000 2,000 2,000

Income Tax Payable 2022 2023 2024 2025 2026

Income Tax Payable, Beginning 37 - - -
Add: Income Tax Payable for the year 147.5 0 0 0 0
Less: Income Tax Payment for the Year (111) (37) - - -
Income Tax Payable, Ending 37 - - - -
 Hidden Gem Pawnshop
Schedule of Depreciation of Non-Current Assets
2024 2025 2026 2027 2028
Machinery and Estimated
Cost MONTHLY Machinery and Equipment Net
Equipment Useful Life
RICE COOKER 1,000.00 36 27.78 Cost 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
Shovel 5 Accum Dep 83.33 166.67 250.00 333.33 416.67
Total 1,000.00 27.78 Bal 916.67 833.33 750.00 666.67 583.33

Estimated Annual Depreciation

Office Equipment Cost Office Equipment Net
Useful Life Expense
Desktop Computer 25,197.00 5 5,039.40 Cost 25,687.00 25,687.00 25,687.00 25,687.00 25,687.00
Cash Register 490.00 5 98.00 Accum Dep 5,137.40 10,274.80 15,412.20 20,549.60 25,687.00
Total 25,687.00 5,137.40 Bal 20,549.60 15,412.20 10,274.80 5,137.40 -

Estimated Annual Depreciation

Furniture and Fixtures Cost Office Equipment Net
Useful Life Expense
Shelf 30,000.00 5 6,000.00 Cost 43,500.00 43,500.00 43,500.00 43,500.00 43,500.00
Corner Table 10,500.00 5 2,100.00 Accum Dep 8,700.00 17,400.00 26,100.00 34,800.00 43,500.00
Office Chair 3,000.00 5 600.00 Bal 34,800.00 26,100.00 17,400.00 8,700.00 -
Total 43,500.00 8,700.00
ADVERTISING & PROMOTIONAL EXPENSES
2022 2023 2024 2025 2026
Tarpaulin (Nakalagay to sa equipment nila sa initial projection) 400 420 441 463 486
Fliers 500 525 551 579 608

900 945 992 1,042 1,094

FACILITY AND UTILITY EXPENSES

Per Month 2022 2023 2024 2025 2026

Electricity 3,500 42,000 44,100 46,305 48,620 51,051

Water 1,000 12,000 12,600 13,230 13,892 14,586
Internet 1,800 21,600 22,680 23,814 25,005 26,255
6,300 75,600 79,380 83,349 87,516 91,892

MISCELLANEOUS SUPPLIES 2022 2023 2024 2025 2026

Broom and Dustpan 1 130 130 130 137 143 151 158
Fire Extinguisher 2 1199 2,398 2,398 2,518 2,644 2,776 2,915
Glass Wiper 1 90 90 90 95 99 104 109
Mop 1 80 80 80 84 88 93 97
Office Vacuum 1 1090 1,090 1,090 1,145 1,202 1,262 1,325
Trash Bin 1 170 170 170 179 187 197 207

Sanitary Supplies total 3,958 4,156 4,364 4,582 4,811

Office Supplies/Uniforms Qty Unit Cost Total Cost 2022 2023 2024 2025 2026
Calculator 2 500 1000 1,000 1,050 1,103 1,158 1,216
Stapler 250 2 500 500 525 551 579 608
Folder 1 500 500 500 525 551 579 608
Pen 1 150 150 150 158 165 174 182
Office Supplies Total 2,150 2,258 2,370 2,489 2,613

REGISTRATION AND LICENSES

2022 2023 2024 2025 2026
Zoning Fee 50
BIR 530 500 500 500 500###
DTI Registation 500 - - - - ###
Barangay Registration 100 100 100 100 100###
Mayors Permit 5,000 Err:509 Err:509 Err:509 Err:509###

6,180 Err:509 Err:509 Err:509 Err:509

 LILICOAL
SCHEDULE OF DEPRECIATION /LAPSING

Machineries and Equipment Annual Accumulated Depreciation

DESCRIPTION Cost Useful life Depreciation 2022 2023 2024 2025 2026
CCTV & Monitor 1 2,500 2,500 5 500 500 1,000 1,500 2,000 2,500
Vault 1 3,700 3,700 5 740 740 1,480 2,220 2,960 3,700
Acid Gold Tester 2 2,800 5,600 5 1,120 1,120 2,240 3,360 4,480 5,600
Jewelry Digital Scale 2 2,000 4,000 5 800 800 1,600 2,400 3,200 4,000
Portable Manocular 100 Magnif 2 200 400 5 80 80 160 240 320 400
Rare coins (Nasa supplies to sa 1 25,000 25,000 5 5,000 5,000 10,000 15,000 20,000 25,000
Jewelry/Precious Metal 1 100,000 100,000 5 20,000 20,000 40,000 60,000 80,000 100,000
Electronics 1 45,000 45,000 5 9,000 9,000 18,000 27,000 36,000 45,000

186,200 37,240 37,240 74,480 111,720 148,960 186,200

Acquisition Cost 186,200 186,200 186,200 186,200 186,200
Less: Accumulated Depreciation 37,240 74,480 111,720 148,960 186,200
Net Book Value 148,960 111,720 74,480 37,240 -

Furnitures and Fixtures Annual Accumulated Depreciation

DESCRIPTION Cost Useful life Depreciation 2022 2023 2024 2025 2026
Table 2 2500 5,000 5 1,000 1,000 2,000 3,000 4,000 5,000
Metal Chair 2 500 1,000 5 200 200 400 600 800 1,000
Split Type Aircon 1 18000 18,000 5 3,600 3,600 7,200 10,800 14,400 18,000
Glass Stanty 1 15000 15,000 5 3,000 3,000 6,000 9,000 12,000 15,000
Office Chair 2 1500 3,000 5 600 600 1,200 1,800 2,400 3,000
42,000 8,400 8,400 16,800 25,200 33,600 42,000
Acquisition Cost 42,000 42,000 42,000 42,000 42,000
Less: Accumulated Depreciation 8,400 16,800 25,200 33,600 42,000
Net Book Value 33,600 25,200 16,800 8,400 -
OTHER INCOME

2022 2023 2024 2025 2026

Average cash in bank 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000

x Interest rate on deposit 1% 1% 1% 1% 1%
30,000 31,500 33,075 34,729 36,465
 LILICOAL
PROFITABILITY RATIOS

2022 2023 2024 2025 2026

Rate of Return on Sales =

Net Income / Net Sales 443 (100) - - -
1,000 - - - -
44.25% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Cost Ratio = Cost Of Sales/
Net Sales 300 100 - - -
1,000 - - - -
30.00% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Gross Profit Ratio = Gross
Profit/ Net Sales 700 (100) - - -
1,000 - - - -
70.00% #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Operating Ratio = Operating
Expenses/ Net Sales 130 - - - -
1,000 - - - -
13.00% #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Rate of Return on
Shareholders' Equity = Net
Inc/ Ave. Equity 443 (100) - - -
300,133 300,118 300,103 300,103 300,103
0% 0% 0% 0% 0%
Return on Investment = Net
Income/Ave total Assets 443 (100) - - -
564,629 694,997 969,234 1,271,682 1,605,056
0.1% 0.0% 0.0% 0.0% 0.0%
 LILICOAL
ACTIVITY RATIOS

2022 2023 2024 2025 2026

Asset Turnover= Net Sales/ Ave. Total Assets 1,000.00 - - - -

564,628.91 694,996.71 969,233.68 1,271,681.92 1,605,055.83

0 - - - -

Fixed Assets Turnover=Net Sales/Ave. Fixed Assets 1,000.00 - - - -

56,266.27 49,305.90 35,385.17 21,464.43 7,543.70

0 - - - -
 LILICOAL
LIQUIDITY RATIOS
2022 2023 2024 2025 2026

Current Asset Ratio = Current

Assets/ Current Liabilities 11,030 783,019 1,084,678 1,415,757 1,779,267
264,496 525,262 813,000 1,130,158 1,479,748

0 1 1 1 1

Quick Assets Ratio = Quick

Assets/ Current Liabilities 1,000 772,509 1,073,653 1,404,181 1,767,112
264,496 525,262 813,000 1,130,158 1,479,748

0 1 1 1 1

Current Assets to Total

Assets Ratio = C. Assets/
Total Assets 11,030 783,019 1,084,678 1,415,757 1,779,267
564,629 825,365 1,113,103 1,430,261 1,779,851

1.95% 94.87% 97.45% 98.99% 99.97%

Net Working Capital = Current

Asset-Current Liabilities 11,030 783,019 1,084,678 1,415,757 1,779,267
Less: 264,496 525,262 813,000 1,130,158 1,479,748
(253,466) 257,757 271,678 285,599 299,519
 LILICOAL
STABILITY/LEVERAGE RATIOS

2022 2023 2024 2025 2026

Total Liabilities to Total
Assets Ratio = Total Liab./
Total Assets 264,496 525,262 813,000 1,130,158 1,479,748
564,629 825,365 1,113,103 1,430,261 1,779,851

46.84% 63.64% 73.04% 79.02% 83.14%

Total Shareholder Equity to
Total Assets Ratio = P.E/
Total Assets 300,133 300,103 300,103 300,103 300,103
564,629 825,365 1,113,103 1,430,261 1,779,851

53.16% 36.36% 26.96% 20.98% 16.86%

Fixed Assets to Total Assets

= Fixed Assets/ Total Assets 56,266 42,346 28,425 14,504 583
564,629 825,365 1,113,103 1,430,261 1,779,851

9.97% 5.13% 2.55% 1.01% 0.03%

Debt to Equity Ratio = Total
Liabilities/ Equity Equity 264,496 525,262 813,000 1,130,158 1,479,748
300,133 300,103 300,103 300,103 300,103

88.13% 175.03% 270.91% 376.59% 493.08%

Equity to Debt Ratio =
Equity/ Total Liabilities 300,133 300,103 300,103 300,103 300,103
264,496 525,262 813,000 1,130,158 1,479,748

1.13 0.57 0.37 0.27 0.20

 LILICOAL
RATIOS AND ANALYSIS

PAYBACK 2022 2023 2024 2025 2026

Net Income 443 (100) - - -
Add: Depreciation 13,865 13,865 13,865 13,865 13,865
Amortization - - - - -
Total Annual Cash Flow ### 14,308 13,765 13,865 13,865 13,865
Capital Investment 300,000
Annual Cash return 14,308 28,073 41,938 55,803 69,668
Year payback 2 yrs & 4 months 1 1 4 mos
271,927
1961% 235
Return on Investment (ROI)

Net income 443 (100) - - -

Investment 300,000 300,000 300,000 300,000 300,000

ROI 0% 0% 0% 0% 0%