Part 2.
Business Planning
Financial Plans
FINANCIAL NOTES
(Total Project Cost)
NOTE 1
Land
Item Description
Amount
Land
PHP 1,800,000.00
Total
PHP 1,800,000.00
NOTE 2
Machinery & Equipment
Item Description
Quantity
UOM
Cement
120
Sacks
188.00
PHP 22,560.00
Steel Rod (9mm)
960
Pcs.
68.00
65,280.00
Tire wire
Loop
119.75
479.00
Shovel
Pcs.
230.00
1,150.00
Hammer
Pcs.
298.00
894.00
Gravel
120
Sacks
40.00
4,800.00
Sand
120
Sacks
40.00
4,800.00
LED (5 watts)
60
Pcs.
250.00
15,000.00
Water hose (100 feet)
Loop
925.00
1,850.00
Faucet
Pcs.
499.75
1,499.25
100
Pcs.
250.00
25,000.00
Weighing Scale (big)
Pc.
2,199.75
2,199.75
Weighing Scale (small)
Pc.
1,169.75
1,169.75
480
Pc.
15.00
7,200.00
Fruit Basket
Scrap Wheel (small)
TOTAL
Unit Cost
Cost
PHP 153,881.75
48
Part 2. Business Planning
Financial Plans
NOTE 3
Item Description
Plywood (hardiflex)
Sand
Gravel
Cement
Steel Rod (10mm)
Barb Wire
Nails
Umbrella Nails
Water Tank
Water Pipes
Water Hose
Elbow Pipe
Faucet
Saw
Door Knob
Gasket
Door
Sliding Window
Tiles
Lumber
Galvanize Iron
Paint
Tape Measure
Electrical Wire(#14)
Flourescent Lamp
LED (5 watts)
Electrical Tape (big)
Bowl
Sink
Deep Well
Total
Building
Quantity
UOM
25
Pcs.
475
Sacks
475
Sacks
450
Sacks
6,050
Pcs.
3,000
Meters
35
Kilos
5
Kilos
1
Pc.
4
Pcs.
5
Meters
1
Pc.
2
Pcs.
2
Pcs.
3
Pcs.
9
Pcs.
3
Pcs.
2
Pcs.
225
Pcs.
25
Pcs.
60
Pcs.
4
Liters
1
Pc.
3,000
Meters
6
Pcs.
6
Pcs.
3
dozen
1
Pc.
1
Pc.
1
Unit
Unit Cost
395.00
40.00
40.00
188.00
130.00
75.00
50.00
65.00
6,000.00
58.00
925.00
40.00
499.75
95.00
279.00
75.00
1,250.00
1,050.00
90.00
70.00
450.00
160.00
125.00
49.00
110.00
250.00
480.00
1,500.00
1,100.00
32,000.00
Cost
PHP 9,875.00
19,000.00
19,000.00
84,600.00
786,500.00
225,000.00
1,750.00
325.00
6,000.00
232.00
4,625.00
40.00
999.50
190.00
837.00
675.00
3,750.00
2,100.00
20,250.00
1,750.00
27,000.00
640.00
125.00
147,000.00
660.00
1,500.00
1,440.00
1,500.00
1,100.00
32,000.00
PHP 1,400,463.50
49
Part 2. Business Planning
Financial Plans
NOTE 4
Office Equipment
Item Description
Quantity
UOM
Unit Cost
Computer set
Unit
18,000.00
PHP 18,000.00
Computer Table
Unit
2,600.00
2,600.00
Laptop (Acer)
Unit
22,000.00
22,000.00
Printer HP
Unit
3,160.00
3,160.00
Air conditioner (window type)
Unit
18,000.00
36,000.00
Plasma Flat Screen TV (21inch)
Unit
14,000.00
14,000.00
Emergency Light
Unit
1,700.00
3,400.00
Wall Clock
Unit
500.00
500.00
Total
Cost
PHP 99,660.00
NOTE 5
Furniture & Fixtures
Item Description
Quantity
UOM
Office Table
Unit
2,000.00
PHP 2,000.00
Clerical Chair
Unit
1,300.00
1,300.00
Office Cabinet
Unit
3,165.00
3,165.00
Mono block Chair
Pcs.
315.00
1,260.00
Sala Set (Wooden)
Set
25,000.00
25,000.00
Exhaust Fan
Unit
850.00
1,700.00
Total
Unit Cost
Cost
PHP 34,425.00
50
Part 2. Business Planning
Financial Plans
NOTE 6
Delivery Equipment
Item Description
Quantity
UOM
Unit
ISUZU Aluminum Van
Unit Cost
Cost
760,000.00
Total
PHP 760,000.00
PHP 760,000.00
NOTE 7
Research & Study Cost
Item Description
Amount
Internet Connection
PHP 999.00
Fare
500.00
Total
PHP 1,499.00
NOTE 8
Salaries & Wages
No. of Workers
Daily Rate
No. of
Working Days
a Month
Manager
500.00
26
PHP 13,000.00
Farmers
200.00
26
46,800.00
Driver/Messenger
300.00
26
7,800.00
Total
Total Amount
PHP 67,600.00
51
Part 2. Business Planning
Financial Plans
NOTE 9
Office Supplies
Item Description
Quantity
UOM
Record Book
Pcs.
69.75
PHP 348.75
Log Book
Pcs.
59.75
298.75
Time Card
Pack
41.00
205.00
Short Bond Paper
Ream
203.75
611.25
Long Bond Paper
Ream
224.75
674.25
Short Folder
Pack
117.99
589.95
Long Folder
Pack
157.75
788.75
Organizer
Pcs.
525.15
1,575.45
Ball pen
Boxes
45.25
135.75
Pencil
Boxes
53.25
159.75
Pentel Pen
Pcs.
32.10
160.50
Pentel Pen (Refill)
Pc.
74.00
74.00
Stapler
Pcs.
132.50
265.00
Staple Wire
Boxes
48.00
240.00
Packaging Tape
12
Boxes
450.00
5,400.00
Scotch Tape
Pcs.
33.25
199.50
Scotch Tape Holder
Pcs.
176.50
353.00
Glue
Pcs.
49.15
98.30
Scisssors
Pcs.
75.25
225.75
Cutter
Pcs.
125.50
627.50
Puncher
Pc.
175.89
175.89
Calculator
Pcs.
225.60
451.20
HP Laserjet Ink
Sets
2,500.00
5,000.00
Total
Unit Cost
Cost
PHP 18,658.29
52
Part 2. Business Planning
Financial Plans
NOTE 10
Permits & Licenses
Item Description
Amount
DTI
PHP 570.00
Barangay Clearance
150.00
Business Permit
1,500.00
Mayor's Permit
750.00
BIR Registration
500.00
SEC Registration
2,500.00
TOTAL
PHP 5,970.00
NOTE 11
Professional Fees
Item Description
Months
Rate
2,000.00
Bookkeeper
Total
Amount
PHP 2,000.00
PHP 2,000.00
NOTE 12
Utilities
Item Description
Electricity
Total
Months
Rate/Month
3,567.00
Amount
PHP 3,567.00
PHP 3,567.00
53
Part 2. Business Planning
Financial Plans
NOTE 13
Marketing Expense
Business Card
PHP 500.00
Agri-Business Exhibit
1,800.00
Research and Survey
1,100.00
Print Media
1,000.00
Administrative Expense
1,400.00
TOTAL
PHP 5,800.00
54
Part 2. Business Planning
Financial Plans
INCOME STATEMENT NOTES
Sales (Note 1)
For the Years 2013-2016
2013
2014
2015
2016
Sales in Volume
9,429
16,702
18,312
Unit Cost
150.00
150.00
155.00
Total
PHP 1,414,350.00
PHP 2,505,300.00
PHP 2,838,360.00
Cost of Sales (Note 2)
For the Years 2013-2016
2013
2014
Raw Materials PHP 103,680.00
Direct Labor
Total
156,000.00
2015
2016
PHP 7,680.00
PHP 7,680.00
PHP 7,680.00
160,680.00
165,500.40
170,465.41
PHP 259,680.00 PHP 168,360.00 PHP 173,180.40 PHP 178,145.41
Selling Expense (Note 3)
For the Years 2013-2016
2013
Transportation Expense
Total
2014
2015
2016
PHP 7,200.00
PHP 14,400.00
PHP 14,400.00
PHP 7,200.00
PHP 14,400.00
PHP 14,400.00
55
Part 2. Business Planning
Financial Plans
Salaries & Wages (Note 4)
For the Years 2013-2016
Breakdown of Employees' Salary (Note 4)
Year 2013
Manager
Farmers
Driver/Messenger
Total
Year 2014
Manager
Farmers
Driver/Messenger
Total
Year 2015
Manager
Farmers
Driver/Messenger
Total
Year 2016
# of
No. of
Working
Monthly
Daily Rate
Annual Salary
Worker
Days a
Salary
Month
1
PHP 500.00
26
PHP 13,000.00 PHP 156,000.00
9
200.00
26
5,200.00
62,400.00
1
300.00
26
7,800.00
93,600.00
PHP 312,000.00
# of
No. of
Working
Monthly
Daily Rate
Annual Salary
Worker
Days a
Salary
Month
1
PHP 515.00
26
PHP 13,390.00 PHP 160,680.00
9
206.00
26
5,356.00
64,272.00
1
309.00
26
8,034.00
96,408.00
PHP 321,360.00
# of
No. of
Working
Monthly
Daily Rate
Annual Salary
Worker
Days a
Salary
Month
1
PHP 530.45
26
PHP 13,791.70 PHP 165,500.40
9
212.18
26
5,516.68
66,200.16
1
318.27
26
8,275.02
99,300.24
PHP 331,000.80
No. of
Worker
Manager
Farmers
Driver/Messenger
Total
1
9
1
# of
Working
Monthly
Daily Rate
Annual Salary
Days a
Salary
Month
PHP 546.36
26
PHP 14,205.45 PHP 170,465.41
218.55
26
5,682.18
68,186.16
327.82
26
8,523.27
102,279.25
PHP 340,930.82
56
Part 2. Business Planning
Financial Plans
Office Supplies (Note 5)
For the Years 2013-2016
2013
Record Book
2014
2015
2016
PHP 348.75
PHP 359.21
PHP 369.99
PHP 381.09
Log Book
298.75
307.71
316.94
326.45
Time Card
205.00
211.15
217.48
224.01
Short Bond Paper
611.25
629.59
648.48
667.93
Long Bond Paper
674.25
694.48
715.31
736.77
Short Folder
589.95
607.65
625.88
644.65
Long Folder
788.75
812.41
836.78
861.89
1,575.45
0.00
0.00
1,622.71
Ball pen
135.75
139.82
144.02
148.34
Pencil
159.75
164.54
169.48
174.56
Pentel Pen
160.50
165.32
170.27
175.38
74.00
76.22
78.51
80.86
Stapler
265.00
0.00
0.00
0.00
Staple Wire
240.00
247.20
254.62
262.25
5,400.00
5,562.00
5,728.86
5,900.73
Scotch Tape
Scotch Tape
Holder
Glue
199.50
205.49
211.65
218.00
353.00
363.59
374.50
385.73
98.30
101.25
104.29
107.42
Scisssors
225.75
0.00
0.00
0.00
Cutter
627.50
646.33
665.71
685.69
Puncher
175.89
0.00
0.00
0.00
Calculator
451.20
0.00
0.00
0.00
5,000.00
0.00
5,150.00
0.00
PHP 18,658.29
PHP 11,293.95
PHP 16,782.77
PHP 13,604.47
Organizer
Pentel Pen (Refill)
Packaging Tape
HP Laserjet Ink
Total
57
Part 2. Business Planning
Financial Plans
Permits & Licenses (Note 6)
2013
DTI
2014
2015
2016
PHP 570.00
0.00
0.00
0.00
150.00
150.00
150.00
150.00
Business Permit
1,500.00
1,500.00
1,500.00
1,500.00
Mayor's Permit
750.00
750.00
750.00
750.00
BIR Registration
500.00
0.00
0.00
0.00
2,500.00
0.00
0.00
0.00
PHP 5,970.00
PHP 2,400.00
PHP 2,400.00
PHP 2,400.00
Barangay Clearance
SEC Registration
Total
Professional Fee (Note 7)
2013
2014
2015
2016
Bookkeeper
PHP 2,000.00
PHP 2,060.00
PHP 2,121.80
PHP 2,185.45
Total
PHP 2,000.00
PHP 2,060.00
PHP 2,121.80
PHP 2,185.45
Utilities (Note 8)
Months
Electricity
Rate/Month
PHP 3,567.00
Monthly
Annually
PHP 3,567.00
PHP 42,804.00
Total
PHP 42,804.00
Miscellaneous Expense (Note 9)
Qty.
UOM
Purified Drinking Water
100
Gallons
Rubber Boots
10
pair
Total
Unit Cost
Amount
PHP 25.00
PHP 2,500.00
150.00
1,500.00
PHP 4,000.00
58
Part 2. Business Planning
Financial Plans
Depreciation Expense (Note 10)
For the Years 2014-2016
Property, Plant
& Equipment
Total Cost
Estimated
Useful
Life
Depreciated Value
2014
Building
Machinery &
Equipment
Office
Equipment
Delivery
Equipment
Furniture &
Fixtures
Total
2015
2016
PHP 1,400,463.50
15
PHP 93,364.23
PHP 93,364.23
PHP 93,364.23
153,881.75
30,776.35
30,776.35
30,776.35
99,660.00
19,932.00
19,932.00
19,932.00
760,000.00
152,000.00
152,000.00
152,000.00
34,425.00
8,606.25
8,606.25
8,606.25
PHP 304,678.83
PHP 304,678.83
PHP 304,678.83
PHP 2,448,430.25
59
