DG SOLUTION TECHNOLOGIES LIMITED

IKEJA, LAGOS
NIGERIA
TWELVE (12) MONTHS PROJECTED CASHFLOW FOR COMPUTER AND SMART PHONES SOLUTION PROJECT
Funds Flow

INFLOWS

PRE-OPERATIONAL

=N=

Month 1
=N=

Month 2
=N=

Equity
YouWin Grant
Revenue: Product Registration
Monthly Subscription
Subscription-Advance (12 months)
Subscription-Advance (6 months)
Subscription-Advance (3 months)
Subscription-Arrears
Income Earned on Investment Deposit
Total Cash Inflow

2,000,000.00
10,000,000.00
12,000,000.00

937,500.00
211,000.00
561,000.00
562,500.00
351,750.00
2,623,750.00

1,312,500.00
506,750.00
786,000.00
786,000.00
492,000.00
9,423.28
3,883,250.00

OUTFLOWS
Business Incorporation Expenses
Office Premises/Rent
Inventories/Stock of spare parts & accessories
Resource Tools
Communication Equipment
IT & Data Base Equipment
Office Equipment
Furniture & Fittings
Motor Vehicle
Electricity Generating Set/Inverter
Publicity & Advertisement
Insurance(Properties)
Insurance(Medical& Health)
Internet Subscription
Printing
Stationeries
Telephone
Motor Vehicle Repairs
Equipment Repairs
Fuel & Lubricant (Motor Vehicle)
Fuel & Lubricant (Generator)
Transport & Travelling (Local)
Transport & Travelling (International)
Sales & Marketing Expenses

100,000.00
1,750,000.00
625,000.00
200,000.00
320,000.00
750,000.00
1,255,000.00
700,000.00
1,200,000.00
400,000.00
500,000.00
241,250.00
600,000.00
20,000.00
150,000.00
50,000.00
25,000.00
15,000.00
20,000.00
30,000.00
70,000.00
300,000.00

625,000.00
20,000.00
165,000.00
57,500.00
30,000.00
17,250.00
20,000.00
24,000.00
34,500.00
77,000.00
-

781,250.00
1,300,000.00
65,000.00
25,000.00
181,500.00
66,125.00
36,000.00
19,837.50
22,000.00
28,800.00
39,675.00
84,700.00
-

Staff Training & Development

Staff Salary
Utility
Administrative Expenses
Bank Charges
Consultancy Expenses
Sub-Total
Taxation (per profit and Loss Appropriation Account)

Dividend
Total Outflows
Net outflows
Opening Balance
Closing Balance

250,000.00
925,000.00
20,000.00
30,000.00
25,000.00
300,000.00
10,871,250.00
10,871,250.00
1,128,750.00
1,128,750.00

925,000.00
20,000.00
34,500.00
27,500.00
2,077,250.00
2,077,250.00
546,500.00
1,128,750.00
1,675,250.00

925,000.00
20,000.00
39,675.00
30,250.00
3,664,812.50

3,664,812.50
218,437.50
1,675,250.00
1,893,687.50

Twelve (12) Month Period

Month 3
=N=

Month 4
=N=

Month 5
=N=

Month 6
=N=

Month 7
=N=

Month 8
=N=

1,687,500.00
886,500.00
1,011,000.00
1,012,500.00
633,000.00
10,651.99
5,230,500.00

1,921,500.00
1,053,250.00
1,152,000.00
1,153,500.00
1,071,750.00
11,698.72
6,352,000.00

1,968,500.00
1,366,750.00
1,179,000.00
1,180,500.00
1,230,000.00
265,750.00
13,579.77
7,190,500.00

1,921,500.00
1,666,250.00
1,152,000.00
1,153,500.00
1,353,000.00
395,500.00
52,401.05
7,641,750.00

1,406,000.00
1,853,000.00
843,000.00
1,405,500.00
1,599,000.00
528,500.00
96,176.47
7,635,000.00

1,125,000.00
2,011,250.00
675,000.00
1,461,000.00
1,651,500.00
658,250.00
111,957.70
7,582,000.00

3,000,000.00
150,000.00
31,250.00
199,650.00
76,043.75
43,200.00
22,813.13
24,200.00
34,560.00
45,626.25
93,170.00
-

976,562.50
260,000.00
975,000.00
1,400,000.00
650,000.00
70,000.00
39,062.50
219,615.00
87,450.31
51,840.00
26,235.09
26,620.00
41,472.00
52,470.19
102,487.00
375,000.00

48,828.13
241,576.50
100,567.86
62,208.00
30,170.36
29,282.00
49,766.40
60,340.72
112,735.70
-

1,220,703.13
61,035.16
265,734.15
115,653.04
74,649.60
34,695.91
32,210.20
59,719.68
69,391.82
124,009.27
300,000.00
-

338,000.00
480,000.00
1,267,500.00
845,000.00
76,293.95
292,307.57
133,000.99
89,579.52
39,900.30
35,431.22
71,663.62
79,800.60
136,410.20
468,750.00

1,525,878.91
2,510,000.00
125,500.00
95,367.43
321,538.32
152,951.14
107,495.42
45,885.34
38,974.34
85,996.34
91,770.69
150,051.22
-

300,000.00
925,000.00
20,000.00
45,626.25
33,275.00
5,044,414.38

1,156,250.00
22,000.00
52,470.19
36,602.50
6,621,137.28

1,156,250.00
22,000.00
60,340.72
40,262.75
2,014,329.12

360,000.00
1,156,250.00
22,000.00
69,391.82
44,289.03
360,000.00
4,369,732.80

1,445,312.50
24,200.00
79,800.60
48,717.93
5,951,668.98

1,445,312.50
24,200.00
91,770.69
53,589.72
6,866,282.06

5,044,414.38
186,085.63
1,893,687.50
2,079,773.13

6,621,137.28
(269,137.28)
2,079,773.13
1,810,635.84

2,014,329.12
5,176,170.88
1,810,635.84
6,986,806.72

4,369,732.80
3,272,017.20
6,986,806.72
10,258,823.92

5,951,668.98
1,683,331.02
10,258,823.92
11,942,154.94

6,866,282.06
715,717.94
11,942,154.94
12,657,872.88

Month 9
=N=

Month 10
=N=

Month 11
=N=

Month 12
=N=

TOTAL
=N=

1,593,500.00
2,294,000.00
954,000.00
1,968,000.00
1,950,750.00
753,250.00
118,667.56
9,513,500.00

1,171,500.00
2,450,250.00
702,000.00
1,855,500.00
2,038,500.00
829,250.00
176,795.23
9,047,000.00

1,687,500.00
2,750,750.00
1,011,000.00
2,193,000.00
2,284,500.00
936,750.00
211,241.25
10,863,500.00

2,015,500.00
3,090,500.00
1,209,000.00
2,362,500.00
2,706,000.00
1,016,000.00
291,984.57
12,399,500.00

2,000,000.00
10,000,000.00
18,748,000.00
20,140,250.00
11,235,000.00
17,094,000.00
17,361,750.00
5,383,250.00
1,104,577.60
101,962,250.00

119,209.29
353,692.15
175,893.81
128,994.51
52,768.14
42,871.78
103,195.61
105,536.29
165,056.34
-

1,907,348.63
439,400.00
1,647,750.00
1,098,500.00
149,011.61
389,061.37
202,277.89
154,793.41
60,683.37
47,158.95
123,834.73
121,366.73
181,561.97
585,937.50

186,264.51
427,967.51
232,619.57
185,752.09
69,785.87
51,874.85
148,601.67
139,571.74
199,718.17
-

2,384,185.79
600,000.00
232,830.64
470,764.26
267,512.51
222,902.51
80,253.75
57,062.33
178,322.01
160,507.50
219,689.99
375,000.00
-

100,000.00
1,750,000.00
10,045,928.96
1,237,400.00
800,000.00
4,640,250.00
3,765,000.00
2,100,000.00
4,200,000.00
1,700,000.00
3,093,500.00
651,750.00
1,200,000.00
1,104,153.22
3,678,406.82
1,717,595.87
1,212,415.07
515,278.76
427,685.68
969,932.05
1,030,557.52
1,716,589.85
675,000.00
1,729,687.50

432,000.00
1,445,312.50
24,200.00
105,536.29
58,948.69
3,313,215.40

1,806,640.63
26,620.00
121,366.73
64,843.56
9,128,157.08

1,806,640.63
26,620.00
139,571.74
71,327.92
3,686,316.27

518,400.00
1,806,640.63
26,620.00
160,507.50
78,460.71
432,000.00
8,271,660.13
12,073,492.04

3,313,215.40
6,200,284.60
12,657,872.88
18,858,157.48

9,128,157.08
(81,157.08)
18,858,157.48
18,777,000.40

3,686,316.27
7,177,183.73
18,777,000.40
25,954,184.13

20,345,152.17
(7,945,652.17)
25,954,184.13
18,008,531.96

1,860,400.00
16,924,609.38
298,460.00
1,030,557.52
613,067.80
1,092,000.00
71,880,226.00
12,073,492.04
83,953,718.04
18,008,531.96

DG SOLUTION TECHNOLOGIES LIMITED

IKEJA, LAGOS
NIGERIA
BASIC ASSUMPTION TO THE CASH FLOW
1 It is assumed the project promoter will invest N2million as equity

2 It is assumed the FGN will provide N10million grant through YouWin (Youth Enterprise With Innovation In Nigeria
3 It is assumed the company will commence operation in month 1
4 There shall be no business operation in month 0 (pre-operational month)
5 Registration for every item (computer, Laptop, smart phone) shall be N500.00
6 Each registered item shall pay a monthly subscription of N250.00
7 Registered item with uptodate subscription will be serviced and repaired at no cost to the owner
8 The subscription can be on monthly, quartely, half-yearly or yearly basis

9 It is assumed that all susbcribers on quartely, half-yearly and yearly shall renew their in the month preceeding the
10 It is assumed that 30% of existing subscriber on monthly subscription will default as from Month 4
11 It is assumed that subscription in respect of the default will paid as arrear on the preceeding month
12 It is assumed the company client base and subscription rate will reduce by 25% due to competition
13 It is assumed that 10% of subscriber in each month will be on yearly subscription
14 It is assumed that 20% of subscriber in each month will be on half- yearly subscription
15 It is assumed that 25% of subscriber in each month will be on yearly subscription
16 It is assumed that 45% of subscriber in each month will be on monthly subscription

17 It is assumed that 90% of the cash balance at the end of every month shall be invested in money market instrume
18 It is assumed that all new susbcriber will pay the registration fee and the subscription in the they susbscribe
19 To maintain liquidity, the undelisted expenditure and cost were reduced:
Inventory & spare parts

Review downward by 15% every thirty days

Transport & Travelling (Local)

Review downward by 10% monthly basis

Transport & Travelling (Int'l)

Changed to half-yearly expenditure

Consultancy

Changed to half-yearly expenditure

Staff salary

Review upward by 15% at the beginning of every quarter

Generator

A good generating set was acquired for N1.3million as against the p

erprise With Innovation In Nigeria)

ost to the owner

their in the month preceeding the expiration month.

t as from Month 4

e preceeding month

% due to competition

vested in money market instrument at rate ranging from 7.5%-15%

ption in the they susbscribe

ginning of every quarter

ed for N1.3million as against the planned N2.5million