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a

Preface

This Project is a part of 1203302 Project Feasibility Study and Evaluation


Course in the second semester of 2009. In this project is studying the feasibility of
wedding studio business in Chiang Rai, which is include generally of wedding studio
business, management in wedding studio business, competition analysis and
marketing feasibility, the technical process in wedding studio business, the financial
feasibility of wedding studio business, and risk of wedding studio business.
This project makes everyone who interested to get knowledge and information
about wedding business before make decision to investment, including preoperational
process and operation process of wedding business, for the benefit to investment and
profit of doing this wedding business.
We expect that our project will provide benefit more and more interested
person, more over, if they are any error in this project or whatever, our ground made
an apology at this opportunity.

Group members

Miss Chalermkwan Ramlukkhunpattapee


Miss Supattra Luelert
Miss Jiranun Maitreetaweenithi
Miss Patchra Yamcharoen
Mr. Santisuk Yodrak
b

Content

Preface............................................................................................................................ a
Content...........................................................................................................................b
Chapter 1 Introduction ...................................................................................................1
1.1 Background and Significance of the project........................................................2
1.2 Project objectives .................................................................................................3
1.3 Benefits of project................................................................................................3
1.4 Operations methods .............................................................................................3
1.5 Time frame of study.............................................................................................5
Chapter 2 Industry Profile..............................................................................................6
2.1 Nature of Industry ................................................................................................7
2.2. Situation of Industry ...........................................................................................8
2.3 Product and Service ...........................................................................................13
2.3.1 Product ........................................................................................................13
2.3.2 Service.........................................................................................................23
2.4 Vision.................................................................................................................24
2.5 Mission...............................................................................................................25
2.6 Strategy ..............................................................................................................25
2.6.1 Corporate Level ..........................................................................................25
2.6.2 Business Strategy ........................................................................................26
2.6.3 Functional Strategy .....................................................................................27
Chapter 3 Marketing Feasibility Study ........................................................................29
3.1 Marketing Analysis............................................................................................30
3.1.1 General Environment Analysis ...................................................................30
3.1.2 Competition Analysis (3C Analysis) ..........................................................34
3.2 STP Analysis......................................................................................................49
3.2.1 Market Segmentation ..................................................................................49
3.2.2 Target Analysis ...........................................................................................50
3.2.3 Position Analysis ........................................................................................52
3.3 Marketing Mix Strategy.....................................................................................52
3.3.1 Product strategy ..........................................................................................52
3.3.2 Price Strategy ..............................................................................................54
3.3.3 Place Strategy..............................................................................................57
3.3.4 Promotion Strategy .....................................................................................58
3.4 Sales Forecast/Profit Estimation ........................................................................59
3.5 Marketing Expenses (Sale Incentive) ................................................................72
3.6 Conclusion in market feasibility ........................................................................82
Chapter 4 Technical Feasibility Study .........................................................................83
4.1 Production and Operation Analysis ...................................................................84
4.1.1 Product characteristics ................................................................................84
4.1.2 Service Process .........................................................................................105
4.1.3 Location ....................................................................................................106
4.1.4 Facility Layout ..........................................................................................107
4.1.5 Machine/Tools/Equipment........................................................................113
4.1.6 Logistics Management ..............................................................................127
4.1.7 Facility Management ................................................................................129
4.1.8 Machine/Tools/Equipment........................................................................130
4.2 Cost of Investment ...........................................................................................134
4.2.1 Pre- Operating Cost...................................................................................134
c

4.3 Investment Cost ...............................................................................................144


4.3.1 Equipments & Tools .................................................................................144
4.3.2 Depreciation..............................................................................................147
4.4 Management Analysis......................................................................................160
4.4.1 Organization Management........................................................................160
4.4.2 Organization Chart....................................................................................161
4.4.3 Administration Cost ..................................................................................165
4.5 Technical Feasibility Conclusion.....................................................................181
Chapter 5 Financial Analysis .....................................................................................183
5.1 Income Statement.............................................................................................184
5.2 Balance Sheet...................................................................................................189
5.3 Statement of Cash Flow ...................................................................................194
Chapter 6 Risk Management......................................................................................199
6.1 Risk analysis ....................................................................................................200
6.1.1 External Forces .........................................................................................200
6.1.2 Internal Forces ..........................................................................................203
6.2 Conclusion of Risk Management.....................................................................210
Chapter 7 Summary ...................................................................................................211
7.1 Summary of project feasibility study...............................................................212
Reference ...................................................................................................................216
Appendix....................................................................................................................219
1

Chapter 1 Introduction
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1.1 Background and Significance of the project

The wedding ceremony is the most important love of life that held amid the
exultation and witnessed couples to announce a husband - wife together. The
ceremony is that the husband is called a groom; the wife is called the bride and called
together is a wedding couple. The wedding marks the start for family life and full of
accurate mass among mankind, and to have the couple. Women and men both parties
have agreed and they are in an appropriate age and responsible for the good work that
take families to survive. Weddings in Thailand generally have 3 steps sequence as
follows; first, to ask is the man relative to the adults they respect to ask female’s
parent. Second, the betrothal is step after to ask then, the next step is to rank man to
the groom's parents at lady’s home. Third, wedding set in the morning and put raising
his merits, water trumpet to be respected adult relatives witnessed the marriage, then
usually a feast together.
But with today's the cultures of marriage are varying in each local and always
change by the era, so most people tend to take on more works and no time to prepare
their own wedding. Therefore, adoption services package for wedding even more
convenience to the wedding.
Chiang Rai province has a total population of 1,227,317 people (Ministry of

Commerce Thailand, 2009) and the average marriage in the month is two to three

pairs. Business Service Packages for wedding also rapidly increasing. Although the
economy of Chiang Rai is slow down, but does not impede this business because
marriage is a noted social reason that is difficult to avoid and to be held as the
equation. Money is the main factor bringing these words, but some details of the
work, customers will begin to consider the budget in a more organized but not to
pressure on prices with operators. In overall, the customers want to see the best
wedding and from the idea that would marry once in your life. It is important logic
that wedding business is not affected by the economic crisis. A key issue to do
business is the presentation of package to meet customers' changing lifestyle because
the marriage of young people in this age changes from the previous and the form of
life changing and a wider range of lifestyle while mate most want to work out the best
wedding. It is not surprising that weddings services business will grow hostile to the
economic slowdown and the wedding become a factor in life already. Therefore, no
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matter that the economy will not work, people still would be married. As well as
customers who are married is not only Thai, but also including foreign who are much
wealthier than Thai.
From these reasons, allowing the group members interested to study the
possibility of Wedding studio business in Chiang Rai, is it possible in your wedding
studio or not?, and market opportunities in Chiang Rai have much?.

1.2 Project objectives

1. To study the situation of wedding studio business


2. To analyze market in the business and financial risk feasibility
3. To learn the technical and management process in wedding business
4. To Summary of the feasibility of wedding studio business

1.3 Benefits of project

1. To learn about the situation of wedding studio business


2. To learn about the market and financial risk in project feasibility
3. To learn about the technical and management process in wedding studio
business
4. To know the feasibility of wedding studio business in Chiang Rai

1.4 Operations methods

• To study the generally of wedding studio business in Chinag Rai


• To study management in wedding studio business as follows:
- Background of wedding studio
- Product and service in wedding studio
- Vision and mission statement of wedding studio
- Strategy of the company
• To study competition analysis and marketing feasibility as follows:
- General internal and external environment
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- Marketing mix strategy of wedding studio


- Demand of consumer in wedding studio business
- Sale forecast and profit estimation of wedding studio
• To study the technical process in wedding studio business as follows:
- Location
- Operations and management analysis
- Investment and Operation cost of wedding studio
• To study the financial feasibility of wedding studio business as follows:
- Company’s investment cost, operation expense, and other expenses
- Profit and loss statement, cash flow, and balance sheet in 5 years of
wedding studio
• To study and analysis risk of wedding studio business in Chiang Rai
• To Summary the feasibility of wedding studio business in Chiang Rai
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1.5 Time frame of study

Table: 1.1 Time frames, since November 2009 - February 2010

November December January February

Operations Methods
W W W W W W W W W W W W W W W W
1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
1. To study the general of wedding
studio business in Chinag Rai.
2. To study management in
wedding studio business.
3. To study competition
analysis and marketing
feasibility.
4. To study the technical process
in wedding studio business.
5. To study the financial feasibility
of wedding studio business.
6. To study and analysis risk of
wedding studio business in
Chiang Rai.
7. To Summary the feasibility
of wedding studio business in
Chiang Rai.
6

Chapter 2 Industry Profile


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2.1 Nature of Industry

Back for 10 years, the wedding business came from Taiwan and that make
Thai wedding become more colorful. The famous thing for wedding couple in that
time are a photograph album before marriage, shooting video presentation, and the
wedding outside place such as sea or parks to escape from the monotonous where is
not only in hotel. And wedding photography will focus on bride groom photo sets
each half with the national series. (Daily news, 2007)
At the beginning, wedding studio is happens to serve customers who want to
taking wedding photography. But, nowadays are changed because there are many the
businesses about marriage. Some company begins to expanding a broader group of
customers by growth the patterns to a variety of services. And how to make the
customer think photography is wasted, so this is the source of the idea that both
photographic services and wedding gown rental in the wedding day package.
Moreover, there is the premium care package to organize all the wedding day. It’s
become a comprehensive service and provides the convenience to customers who
have no time to prepare much. However, many people still consider photography
wedding studio is a waste. But in fact there are many benefits such as you can try to
make up and do hairs style in full option and have the opportunity to dress before the
wedding day is coming. The reason is that in the wedding day you will be very busy
and have little time to take a good photography. Moreover, those photographs can be
used to decorate place in a real wedding day. (We Happyily Ever After Book, 2007)
The core services for wedding studio has included consulting services in all
stages of preparation planning the concept of marriage, location, flower arrangements,
music, wedding gown rental, makeup and hairdo, wedding pictures, wedding day
pictures and video presentation, wedding card design, keepsake, a planning
honeymoon packages and other services with full instructions. All services will start
from listening to customer needs which is a cornerstone to work with perfectly as
possible.
The overall economic climate, wedding business trends will change into more
organizers instead of just providing wedding photography and wedding gown rental.
The wedding studio providing extra services to the customer, but the customers will
add some money also. A new service model will change customer attitudes about
marriage to more comprehensive services. The costs are added but get extra service
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which is depending on customer needs. Competition in each wedding studio is high


following the economic conditions and expanded customer base. The attitudes of
consumers are changing from previously not seen the importance of photography and
think it is expensive. Nowadays the market expansion make customer focused more in
photograph with a self portrait, family, and the various festivals. As well as the
promotion campaign is the package make price is lower; this is another factor that
makes this business more expands. (Business news, 2007)

2.2. Situation of Industry

Nowadays there are many wedding studio in Thailand. This business is


relatively widespread and has a lot of customers to exploit this service. Because
presently the wedding studio is responding to customer needs by providing
worthwhile package and complete service to suitable for customer lifestyle. Moreover
customer can design their format and detail of wedding by themselves. In addition the
customer can specification the budget for made the wedding. And then wedding
studio or wedding planner will organizer and operates as complete. But from base
budget reduction of customer service, so make the wedding studio business has high
competitive. Many companies try hardly to create their own strategies to compete
with each other such as competition in price, quality of service and the special
promotion in discount or premium to motivate the customers. Moreover KTC or
Krungthai Card Public Company Limited cooperates with Hai Huang (Bangkok)
Company Limited the first pioneer of full cycle wedding organization in Thailand
with the direct experience of over 12 years, under the original name “Wedding Story”,
launched “KTC Wedding Service Centre By Hai Huang” the worry-free full cycle
wedding organizing service. We aim to offer consultation, planning and service for
wedding ceremony for KTC members of over two million accounts, who prefer the
stylish wedding distinct from traditional format, but possessing simple, warm and
friendly atmosphere at reasonable price. The members can select from over 50 stylish
wedding packages that cover all service categories relating to wedding organization,
for example, wedding consulting and planning service, cards, souvenirs and wedding
equipment design and manufacturing service, photographing, video presentation and
music videos.
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Figure 2.1 KTC Wedding Service Centre By Hai Huang

In addition “KTC Wedding Service Center” is the first form of supplementary


service of its kind in Thailand aiming to assist KTC members to plan their wedding
expense suitably, especially in this current economy. Customers can make payment
via credit cards or “worry-free” KTC Flexi 0% installment including using KTC
Forever Rewards as cash replacement. (Marketing Oops, 2009)

Figure 2.2 Activities of KTC Wedding Service Centre By Hai Huang

Therefore it makes the market of product and service about wedding in


Thailand of 3-4 years have total up to 30,000 million baht per year, which is large
market and have high competition when compare with economic condition right now.
From statistics in 2008 have people to register a marriage certificate about 318,496
pairs per year.
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Figure 2.3 Total registered a marriage certificate statistic between 2005 to 2008

Total registered a marriage certificate statistic


between 2005 to 2008

400,000
350,000 345,234 347,913
307,910 318,496
300,000
250,000
Pairs

200,000
150,000 Marriage
100,000
50,000
0
2005 2006 2007 2008
Marriage 345,234 347,913 307,910 318,496
Year

Furthermore Valentine’s Day in 2008 has people to register a marriage


certificate about 15,116 pairs per year and in 2009 has increase people to register a
marriage certificate about 15,419 pairs per year more than from in 2008 about 303
pairs. And nowadays wedding studio has full collection of product and complete
service to customer which is customer does not prepare anything in wedding day by
themselves. Because of the wedding business are covers in eight types of products
such as hotel and banquet room, wedding studio and wedding organizer, card and gift
or keepsake, bridal dresses, photographer, cartoons animation and video presentation,
honeymoon package, consultant, and other service. And in past year 2008 was
wedding fair event to stimulate business wedding market and economic of Thailand to
grow about ten percentage from the past.
Wedding fair by neo is the exhibition and services in comprehensive
matrimony and largest in Thailand which the first and only of the One Stop Shopping
is of people who want to weddings. Centralize of entrepreneurs about wedding
business and all of product which is necessary in wedding approximate 150
companies. And expect the number of visitors about 20,000 couples or 40,000
persons. Throughout in four days of event was income spread over approximately 100
million baht. Most of entrepreneurs will select products which is high quality and new
models to distribute in promotions price, start from 20 to 60%. For the theme in 2009
is “You are my princess” which mean bridal dresses that will make the bride become
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a princess. Identification of the event is has a special fashion show set to be talk of the
town. And expected total market in this year will grow better than in 2008. (Thailand
Press Release, 2008)

Figure 2.4 Wedding Fair in 2009

Comprehensive wedding service business or wedding studio in economic


crisis is reducing to approximate 100 places in Bangkok. But in fact, there are only 50
places where are a stronger brand, good management system, and do marketing
continually. All of these 19 stores from 18 brands is management under the WBC
(Wedding Business Consultant) of Tun Pasakorntee who is pioneer in comprehensive
wedding service in new generation. And the same people who create an Oishi
restaurant and becoming the market leader within a few years. Primary strategy is to
create a comprehensive network brand, and create a set of sales expertise in wedding
photography. Presently there are 19 stores spread in each areas including The Classic
Studio, Christian Photo, Modern Studio, Picasso Studio, Fiancé Studio, Marriage
Studio, Be Loved Studio, Wadding Castle, Inter Bridge, Your studio, Wadding Bell,
White Marry Studio, Koorak Studio, My Memory Studio, I Do Studio, Photo Today
Central Ladprao, Photo Today Central Pinklao, Cupid Studio, Marey Me studio, and
WBC (Wedding Business Consultant) which is the middle company management for
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stores in group. The strength of the group is doing management and marketing
together and costs will be lower. The WBC is the central of marketing agency for do
advertising, and public relations, so it made a bargaining power to organized
promotions with business partners such as credit card or bank. (Business Thai, 2007)
Wedding studio business is high competition, especially in Thonglor where is
a stronghold of competition of wedding business. Thonglor is a location that the
customer is higher purchasing power when compared with other areas. Because only
one area there is many wedding studio approximate 20 stores. The competitive market
of more than 50% is in the middle and above market. But potential of new
competitors to entering the market are becoming fewer. Moreover most of newer
register in market will came with the smaller size stores. For the main services in each
studios including photography and video, wedding dresses, makeup and hairdo, cards,
keepsake, and video presentation. (Business Thai, 2007)
For wedding studio business in Chiang Rai have a few entrepreneur. The main
of wedding studio are seven stores such as Ton Aor Wedding Studio & Organizer,
Ton Rak Rojanaporn, Wedding Studio, Mild Studio, Jitpanu Bridal Studio, Memory
Studio, and Imperial Wedding Studio. And those wedding studio are small business,
and provide a customer service just in basic services such as photography, bridal
dresses, makeup and hairdo, card, keepsake, and video presentation. Wedding studio
in Chiang Rai is still not providing in comprehensive wedding service business yet.
Chiangrai has a total population about 1,227,317 people and in 2008 has registered a
marriage certificate about 4,906 pairs per year which it has increase from last year.
Wedding Studio business in Chiang Rai trends to grow up in the future.

Figure 2.5 Total registered a marriage certificate statistic in Chiang Rai between 2006 to 2008

Total registered a marriage certificate statistic in


Chiang Rai between 2006 to 2008

6,000 5,268
4,604 4,906
4,800
3,600
Pairs

2,400
1,200 Marriage
0
2006 2007 2008
Marriage 5,268 4,604 4,906
Year
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2.3 Product and Service

2.3.1 Product

• Bridal Dress

Figure 2.6 Bridal Dress


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Figure 2.7 Bridal Dress


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Figure 2.8 Bridal Dress


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• Groom Suite

Figure 2.9 Groom Suit


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• Thai Traditional for Bride

Figure 2.10 Thai Traditional for Bride


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• Thai Traditional for Groom

Figure 2.11 Thai Traditional for Groom

• Chinese Traditional wedding

Figure 2.12 Chinese Traditional Wedding


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• Photo with Luis frame


- Photo size
Figure 2.13 Crystal LCD Album
- 4×6 Inches
- 6×8 Inches
- 8×10 Inches
- 12×15 Inches
- 16×20 Inches
- 20×24 Inches

Figure 2.14 Luis Frame


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• Wedding invitation card

- Photo card

Figure 2.15 Photo Card

- Pop up card

Figure 2.16 Popup Card


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- Paper Card

Figure 2.17 Paper Card

- Chinese Card

Figure 2.18 Chinese Card

• Keepsake

- Soap Keepsake

Figure 2.19 Soap Keepsake


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- Ceramic Keepsake

Figure 2.20 Ceramic Keepsake

- Sterling Keepsake

Figure 2.21 Sterling Keepsake


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- Glass Keepsake

Figure 2.22 Glass Keepsake

- Other Keepsake

Figure 2.23 Other Keepsake

2.3.2 Service

• Location, and Event Decoration

- Preparation since planning the concept of marriage, location, flower


arrangements, music
- Bridal dress rental and makeup and hairdo
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• Bridal Dress Service


- Bridal dress and suit for rent used or brand new service
- Design and create bridal dress and suit for sale or rent service
- Design and create Thai Traditional, Chinese Traditional wedding attire for
sale or rent service

• Photography Service

- Wedding Photography service


- Family Photography service
- Congratulation Photography service
- Outdoor Photography service
- Multimedia Video service

• Digital Photo Retouching Service

- Digital photo retouching, restoration and editing service


- Create black & white photo to color photo service
- Digital Art Gallery provides a wide variety of custom image editing,
digital graphics and photo restoration services

• Wedding invitation card and keepsake Service

- Design and create your wedding invitation card service


- Design and create your wedding thank you card service
- Preparation keepsake

2.4 Vision

To become the leading provider of the best wedding service in Chiang Rai
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2.5 Mission

I Love Wedding provide the best wedding studio’s product and service with a
team of specialized expertise and experience in all stages of wedding ceremony in
Chiang Rai. We love to establish relationship with everyone involve listening to
customer’s needs is a cornerstone to work with perfectly as possible, so that run
effortlessly. I love wedding also design the high quality of graphic video, and
continually to make sure our income will growth by positive. We have train and
motivate our employees to the best employees for good performance working. It
believes that superior services.

2.6 Strategy

2.6.1 Corporate Level

“I love wedding” is the new business that will opening in Chiang Rai and will
know in the market. It is the reason that our business use growth strategy for adoption
with our business. This strategy can improve “I love wedding” business to be know
and be more famous in Chiang Rai. This will affect to our business continues to
growth, especially focus to create growth within the organization, this is horizontal
integration strategic.
The business will expand the product by horizontal, then to add diversity to
that product, such as style, figure, pattern, and colors. For example, product line of
keepsake, it has many designs, such as glass gel candles, open a bottle guitar, gift of
rice sheaf, gold pen, latch wood that Insert candle, flower spoon, and handkerchief,
and etc. Product line of wedding card, such as Chinese style wedding card, Thai style
wedding card, and general style of wedding card, will have different pattern, colors,
and shape of wedding card depend on customers need. Product line of wedding dress,
such as original style, modern style of Chinese wedding dress, Thai style of wedding
dress, and general style of wedding dress are service for customer. Each style will
have own outstanding and difference of pattern, colors, and shape of wedding dress
etc.
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From the strategy that we adapt to use with I love wedding business, it can
lead our business to be growth and increase profits in finally.

2.6.2 Business Strategy

“I love wedding” is the new business that entry into new market, then our
business need to create distinctive point, selling point and differences from
competitors. We have to create advantage to compete with competitors in the market.
Then, we use differentiation strategy to adapt with our business, such as the different
both product and service.
The difference about our product is Chinese wedding dress that is original and
modern style. We will order though a merchant in Maesai who is import goods from
China. Because mostly of Chiang Rai population is Thai but have Chinese
nationality, especially in Doi-maesalong, Doi-patang, Mae-sai and Mae-jan district
etc., so this is the reason that we order the difference of Chinese wedding dress to
serve to our customer. The difference about service is, we will offer privileges coupon
for customer that is after service promotion, such as when customers wedding 3 years
anniversary, we will offer privilege free photography for one package. Because we
have to recognizing the life of groom and bride that newly wed and then can live
together to long time. Due to statistic about divorce each other after marriage in
present has increase every year, so I love wedding have to provide the after service
promotion to customer for to reduce social problems in indirect way.
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2.6.3 Functional Strategy

Marketing strategy

Product strategy

- Create branding and logo, for to increase brand image, and make customer
easy to remember
- Focused on products and services that is a variety and high quality
- Always modify product to be modern

Price strategy

- Estimated cost and selling price of competitor


- Setting price of product and service in moderate price, when compare with
competitor, but our product and service has more quality

Place strategy

- Distribute product and service in front store and web blog, then emphasize
marketing strategy as pull strategy

Promotion strategy

- Advertising product and service though various of media, such as brochure,


web blog, and radio FM101.25 in Chiang Rai
- Create store’s products and services for package and sell in special price

Financial strategy

- Prepare financial statements to systematic, clear, and accurate in every month


- Improve the accounting system and finance in standard form
- Discipline with financial, and savings
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- Loan money from bank, this is the cost of turnover for business

Human resource strategy

- Training employee for high quality, such as, there is training teamwork,
customer service skill, persuasion talking, action and manners, and good
personality service to customer, etc.

- Divide work, and assign appropriate position to employee

- Tracking task and evaluate performance of employee


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Chapter 3 Marketing Feasibility Study


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3.1 Marketing Analysis

3.1.1 General Environment Analysis

Political Factors

“Political situation of Thailand in presently is not still normal. It is the lack


of stability. The factors affect to demand for domestic, such as red shirt, yellow
shirt and unrest between Thailand and Cambodia, etc. These political problems
have some affected in decrease the purchasing power of bride and groom, because
the customers have more concerning about spending and choosing services with
wedding studio as needed”. (chiangmainews, 2009) However, there are the
customers who want to wedding, because values and beliefs are delicate and
important for the living in society. So, wedding business is not many affect to its.
The entrepreneur of wedding business can get more revenue. Then, in each part of
wedding business must adjust the operating plan or to make the marketing which
to match with the behavior of spouse, such as to use strategic as discounting more
wedding package and focus on value-added for response to customers need and
maintain customer base possible. In addition, to achieve the maximum benefit
between wedding business and customers that will use wedding studio service in
the government situation now.

Economic Factor

Economic of Thailand have the problems both internal and external factors
after the economic crisis in the U.S. There is lower economic growth to across
Asia and volume of world trade is likely decline in future. Thailand inflation rate
stands at 1.90 percent year-over-year. Inflation rate refers to a general rise in
prices measured against a standard level of purchasing power. The most well
known measures of Inflation are the CPI which measures consumer prices, and the
GDP deflator, which measures inflation in the whole of the domestic economy.
The economy of Thailand is an emerging economy which is heavily export-
dependent, with exports accounting for more than two thirds of gross domestic
product (GDP). Well-developed infrastructure, a free-enterprise economy, and
generally pro-investment policies, made Thailand one of East Asia's best
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performers. However, overall economic growth has fallen sharply in 2008 and
2009 as global downturn and persistent political crisis stalled infrastructure mega-
projects, eroded investor and consumer confidence. (Trading Economic, 2009)

Figure 3.1 Thailand Inflation Rate

The movement of these economic in wedding studio business is not


affected by the economic crisis which the same other businesses. So, the wedding
studio business will grow up oppose to the economic slowdown, because
customers believe that the wedding becomes a factor in life already. Although, no
matter that the economy will not work, people still would be married. As well as
customers who are married is not only Thai, but also including foreigners who are
much wealthier than Thai. From Estimates about the economic in next year of
2010 is expected that this business will grow up more than this year.

Social and environment factors

Thai society is a group of people living together in Thailand. There is Thai


tradition and unique cultural identity different from any other societies, including
spoken language, writing, dress, beliefs, manners, food and lifestyle, etc. The
environment determines the nature of society including natural environment and
cultural environment. There are 2 parts. First, part of culture that create own by
inventor which is often consistent with the natural environment. Second, we have
32

been influenced of culture by other social. Then, there is modified that suitable
with living in society.
“Family is currently important in Thai society, because many people have
family. The family is the basic institution of human society and is recognized as a
valid social, so the wedding is important to individuals and accepted in society”.
(ido, 2009) For this reason, the wedding is tradition and culture of Thai people to
respect since the past to presently, and also Chiang Rai which belief with
religious. So, the wedding is the sacred ceremony for the start of a good family
life together.

Technological factors

Technology brings the knowledge from scientific to apply for creating


interesting which there is associated with the living of people for a long time. In
presently, technology has developed and rapid change for simplify to use, so
technology has more role in human social. (wikipedia, 2009)
Technology equipment that we using in I Love Wedding business will
include telephone, it can easy and faster to communicate with customers.
Computer can reduce operation time and reduce communication time between
supplies to our store and our store to customer, in additional it also is the
equipment that to design graphic photo to make customer satisfaction. Internet is a
large computer network that connects to around the world .There are many users
and popular continuously. The Internet is a large media can communicate
information exchange, as well as find additional information. Camera is the
important equipment for our store, because high technology of camera will make
high-resolution photos of customer and beautiful pictures. It is very important to
the business organization.
Therefore, change and progress of technology can create competitive
advantage for helping business and technical systems in modern manufacturing. It
can reduce production costs and increase capacity production. Then, it helps to
manage and communicate faster, also make to response customers need for more
efficiently. Wedding business apply technology to achieve the highest quality to
customers, such as the graphic to create picture or video, and website to increase
convenience for customers to find information.
33

Technology equipment

Figure 3.2 Technology Equipment

Telephone Computer Camera Internet

Figure 3.3 Photographic designs for using high technology


34

3.1.2 Competition Analysis (3C Analysis)

Competitor Analysis

For the wedding studio business, it has high competition. There are
competitors in the market. Every owner tries hardly to create their own identities
for their brands. They emphasize the quality of products and services. And set the
price as cheapest as possible. They are all having many interesting campaigns and
promotions to promote their brands. Most of our competitors have good locations
and many of them are the stores which were opened for a long time. So, they are
well known for Chiang Rai people because of their have more experiences. For
the services, they do the best for attracting customer’s attentions. Their employees
are trained about manner and the ways to act with customers. Moreover, some of
them have a premium and discount service, which many consumers like.

Major Competitors in Chiang Rai

Figure 3.4 Ton Aor Wedding Studio & Organizer

Ton Aor Wedding Studio & Organizer

Owner: K. Thanaet Tipto


Address: 177/1 Thanalai Road, Tambon Wiang, Amphoe Mueang, Chiang Rai
35

Product
- The products and services of Ton Aor is including photography,
wedding gown rental, makeup and hairdo, wedding card design, and
keepsake. In addition their services is more comprehensive, they also
have an organizing the concept of marriage, find out location, flower
arrangements, fancy and dancer and cheerleader gown rental, steering
wheel and rice offering, music audio, the show and launch new
product, etc which is the services that are beyond other competitor.
- Ton Aor wedding studio & organizer is a strongest competitor in the
market because they opened the wedding studio for a long time about
twelve years.
- The products of this store is agreeable from customer even though it is
not a big brand, it does not have a big fame all over our country, but it
is well known for Chiangrai people.
- They always provided a comprehensive service to the customers to
make their customer feel satisfaction which is the most things that they
concerned.

Price
- Photogravure price (adding purchase)
¾ Photo Size 20x24 inches Each 1,200 Baht
¾ Photo Size 16x20 inches Each 900 Baht
¾ Photo Size 8x10 inches Each 150 Baht
¾ Photo Size 4x6 inches Each 50 Baht
¾ CD Each 500 Baht
- Louis frame price
¾ Louis frame Size 20x24 inches Each 1,800 Baht
¾ Louis frame Size 16x20 inches Each 1,500 Baht
¾ Louis frame Size 8x10 inches Each 850 Baht
- Laminate enamel price
¾ Photo Size 20x24 inches Each 350 Baht
¾ Photo Size 16x20 inches Each 250 Baht
¾ Photo Size 8x10 inches Each 150 Baht
36

Place
- The store is small and inconspicuous
- There is not promote via internet
Promotion
- Package 4,900 Baht
¾ Photo Size 20x24 inches 1 piece
¾ Louis frame Size 20x24 inches 1 piece
¾ Photo Size 8x10 inches 5 pieces
¾ Photo Size 4x6 inches 20 pieces
¾ CD
- Package 7,900 Baht
¾ Photo Size 16x20 inches 1 piece
¾ Louis frame Size 16x20 inches 1 piece
¾ Photo Size 4x6 inches 20 pieces
¾ Photo album (Laminate enamel) Size 8x10 inches 20 pieces
¾ CD
- Package 8,500 Baht
¾ Photo Size 20x24 inches 1 piece
¾ Louis frame Size 20x24 inches 1 piece
¾ Photo Size 4x6 inches 20 pieces
¾ Photo album (Laminate enamel) Size 8x10 inches 20 pieces
¾ CD
- Package 12,500 Baht
¾ Groom and bridal dress with accessory (Traditional Thai dress)
¾ Make up and hairdo for groom and bride
¾ Photo Size 16x20 inches 1 piece
¾ Louis frame Size 16x20 inches 1 piece
¾ Photo Size 8x10 inches 5 pieces
¾ Photo Size 4x6 inches 20 pieces
¾ Wedding invitation card amount 200 Baht
¾ Keepsake amount 100 pieces
¾ CD
- Package 15,900 Baht
¾ Groom and bridal dress with accessory (Traditional Thai dress)
37

¾ Make up and hairdo for groom and bride


¾ Photo Size 16x20 inches 1 piece
¾ Louis frame Size 16x20 inches 1 piece
¾ Photo Size 8x10 inches 20 pieces with enamel
¾ Photo Size 4x6 inches 20 pieces
¾ Wedding invitation card amount 200 Baht
¾ Keepsake amount 100 pieces
¾ Photo album
¾ CD
- Package 19,999 Baht
¾ Groom and bridal dress with accessory (In the morning)
¾ Groom and bridal dress with accessory (In the evening)
¾ Make up and hairdo for groom and bride 2 times
¾ Wedding photo 1 package
¾ Photo Size 20x24 inches 1 piece
¾ Louis frame Size 20x24 inches 1 piece
¾ Photo Size 8x10 inches 30 pieces
¾ Photo album
¾ CD
¾ Wedding invitation card amount 100 pieces
¾ Keepsake amount 100 pieces

Figure 3.5 Ton Rak Rojanaporn Wedding Studio

Ton Rak Rojanaporn Wedding Studio


38

Address: 106/23-25 Superhighway Road, Tampon Robwiang, Amphoe Mueang,


Chiang Rai

Product
- It has photography, make up & hair artistry, bridal dresses, costume
design, invitation card, and giveaways
- They opened the wedding studio business about 5 years and it is also
well known for Chiangrai people
- They serve their service to people who have more purchasing power

Price
- The cost per service is expensive than others because their target
segment is people who have more money

Place
- This store located on Superhighway road which is the place that the
customer can see and convenience to go, and it is not far from our store
also
- Inside the store, they decorated the furniture pleasingly and more
beautifully with white tone color

Figure 3.6 Mild Studio

Mild Studio
39

Owner: K. Malai Kornkumsin


Address: 80/1-2 Superhighway Road, Tambon Wiang, Amphoe Mueang, Chiang
Rai

Product
- The main services of Mild studio are wedding gown rental, makeup
and hairdo, wedding pictures, wedding card design, and keepsake.
- They opened the business just four months, but their income is quickly
increased
- They opened the business in high season of wedding
- Photographer is more expertise and experience
- For the bridal dresses they import from Europe, so the design and
pattern may be different from others
- Mild Studio is the same branch of My photography where located near
Samakkhi Wittayakom School and well known for Chiangrai people

Price
- They set price is not too expensive to compete with others wedding
studio

Place
- This store located on Superhighway road which is the place that the
customer can see and convenience to go, and it is not far from our store
- They decorated store like Europe style
- There is not promote via internet

Promotion
- Package 1,900 Baht
¾ Photo with Louis frame Size 8x10 inches 1 piece
¾ Photo with frame Size 6x8 inches 1 piece
¾ Photo Size 6x8 inches 5 pieces
¾ Photo Size 4x6 inches 15 pieces
- Package 3,900 Baht
¾ Photo with Louis frame Size 12x18 inches 1 piece
40

¾ Photo with Louis frame Size 10x12 inches 1 piece


¾ Photo with frame Size 6x8 inches 1 piece
¾ Photo Size 6x8 inches 5 pieces
¾ Photo Size 4x6 inches 20 pieces
- Package 5,900 Baht
¾ Photo with Louis frame Size 16x20 inches 1 piece
¾ Photo with Louis frame Size 10x12 inches 1 piece
¾ Photo with Louis frame Size 8x10 inches 2 pieces
¾ Photo Size 6x8 inches 7 pieces
¾ Photo Size 4x6 inches 25 pieces
- Package 7,900 Baht
¾ Photo with Louis frame Size 20x24 inches 1 piece
¾ Photo with Louis frame Size 12x18 inches 1 piece
¾ Photo with Louis frame Size 8x10 inches 1 piece
¾ Photo Size 8x10 inches 2 pieces
¾ Photo with frame Size 6x8 inches 1 piece
¾ Photo Size 6x8 inches 10 pieces
¾ Photo Size 4x6 inches 30 pieces
- Package 9,900 Baht
¾ Photo with Louis frame Size 20x24 inches 1 piece
¾ Photo with Louis frame Size 16x20 inches 1 piece
¾ Photo with Louis frame Size 12x15 inches 1 piece
¾ Photo with Louis frame Size 8x10 inches 1 piece
¾ Photo Size 8x10 inches 2 pieces
¾ Photo Size 6x8 inches 10 pieces
¾ Photo Size 4x6 inches 35 pieces
¾ 35 actions with album
- Package 11,900 Baht
¾ Photo with Louis frame Size 20x24 inches 1 piece
¾ Photo with Louis frame Size 16x20 inches 1 piece
¾ Photo with Louis frame Size 12x15 inches 1 piece
¾ Photo with Louis frame Size 10x12 inches 1 piece
¾ Photo Size 8x10 inches 4 pieces
¾ Photo Size 6x8 inches 12 pieces
41

¾ Photo Size 4x6 inches 40 pieces


¾ 40 actions with CD photo album selection
- Package 11,900 Baht
¾ Photo with Louis frame Size 20x30 inches 1 piece
¾ Photo with Louis frame Size 12x15 inches 1 piece
¾ Photo Size 8x10 inches 10 pieces
¾ Photo Size 6x8 inches 20 pieces
¾ Photo Size 4x6 inches 45 pieces
¾ 45 actions with CD photo album selection
* All package including makeup and hairdo

Figure 3.7 Jitpanu Bridal Studio

Jitpanu Bridal Studio

Owner: K. Jitpanu Dong-ngam


Address: 747/4 Superhighway Road, Tambon Wiang, Amphoe Mueang, Chiang
Rai
42

Product
- They opened the business about one year so they will gain more
percentage of market shares and customer will well know when
compare with I Love Wedding
- In the store there are not many of bridal dresses
- They join with Ton Rak Rojanaporn Wedding Studio to borrow bridal
dresses when customers want this pattern and there are not in their store

Price
- They set the price is cheaper and lower than competitors to attract
customer attention

Place
- It located opposite with I Love Wedding
- There is not promote via internet

Promotion
- Special promotion is they offer the wedding invitation card and
keepsake by the price is start just only 6 baht

Figure 3.8 Memory Studio


43

Memory Studio

Owner: K. Danai Manohan


Address: 782/4 Singhakai Road, Tambon Wiang, Amphoe Mueang, Chiang Rai

Product
- The services of Memory Studio are wedding gown rental, makeup and
hairdo, wedding pictures, wedding card design, and keepsake
- The strength of this store is beautiful and natural photography
- The owner of this store is photographer so it is save cost to hire other
photographer to work with
- The average of customer per month is sixty couples which is high
number of customer

Price
- Photogravure price
¾ Photo Size 4x5 inches = 5 Baht
¾ Photo Size 4x6 inches = 5 Baht
¾ Photo Size 5x7 inches = 15 Baht
¾ Photo Size 8x10 inches = 50 Baht
¾ Photo Size 10x12 inches = 80 Baht * Adding re-touch
¾ Photo Size 16x20 inches = 350 Baht each 50 Baht
¾ Photo Size 20x24 inches = 450 Baht
¾ Photo Size 20x30 inches = 500 Baht
¾ Photo Size 30x40 inches = 2,000 Baht
- Vinyl price
¾ Per 1 square meter 250 Baht
¾ Poster size 199 Baht
¾ Poster size with art work 299 Baht
- Wedding ceremony
¾ Morning 4,500 Baht
• Photo Size 4x6 inches 100 pieces
44

¾ Evening 5,500 Baht


• Photo Size 4x6 inches 100 pieces
* If need more photographer or candid each 2,000 Baht

Place
- This store located near The Great Monument of King Meng Rai which
is the tourism place
- They do advertisement in many media such as radio, internet website,
and Chiang Rai guidebook, so these will make the customer well
known and convenience to contact to the store

Promotion
- Package 5,990 Baht
¾ Photo with Louis frame Size 20x24 inches 1 piece
¾ Photo Size 16x20 inches 1 piece
¾ Photograph set with makeup and hairdo (Studio) 2 sets
¾ Photo music box
- Package 5,990 Baht
¾ Bridal dress for bride 1 set
¾ Traditional Thai dress for bride 1 set
- Package 5,990 Baht
¾ Traditional Thai dress for groom 1 set
¾ Traditional Thai dress for bride 1 set
¾ Makeup and hairdo in wedding ceremony 1 time
- Package 7,990 Baht
¾ Bridal dress for groom 1 set
¾ Bridal dress for bride 1 set
¾ Makeup and hairdo in wedding ceremony 1 time
- Package 9,990 Baht
¾ Photo with frame Size 20x24 inches 1 piece
¾ Photo Size 16x20 inches 1 piece
¾ Photograph set with makeup and hairdo (Studio) 2 sets
¾ Bridal dress for groom 1 set
¾ Bridal dress for bride 1 set
45

¾ Album 4 in 1
- Package 11,990 Baht
¾ Bridal dress for groom 2 set
¾ Bridal dress for bride 2 set
¾ Makeup and hairdo in wedding ceremony 1 time
- Package 15,990 Baht
¾ Photo with frame Size 20x24 inches 1 piece
¾ Photo Size 16x20 inches 1 piece
¾ Photograph set with makeup and hairdo (Studio) 2 sets
¾ Bridal dress for groom 2 set
¾ Bridal dress for bride 2 set
¾ Album 4 in 1
- Package 25,990 Baht
¾ Photo with frame Size 20x24 inches 1 piece
¾ Photo Size 16x20 inches 1 piece
¾ Photograph set with makeup and hairdo (Studio and outdoor)
2 sets
¾ Bridal dress for groom 2 set
¾ Bridal dress for bride 2 set
¾ Album 4 in 1
- Package 29,990 Baht
¾ LCD album with Crystal cover Size 10x12 inches 10
pages
¾ Photo with frame Size 20x24 inches 1 piece
¾ Photo Size 16x20 inches 1 piece
¾ Photo (Artwork) Size 20x60 inches 1 piece
¾ Photograph set with makeup and hairdo 4 set
¾ 2 photographers (Candid)
* Every package will get DVD high resolution all files of photos for free
which is the customer will not add more money like others store
46
Figure 3.9 Imperial Wedding Studio

Imperial Wedding Studio

Owner: K. Kannika Rakkaow


Address: 611/3 Phaholyothin Road, Tambon Robwiang, Amphoe Mueang, Chiang
rai

Product
- Imperial Wedding Studio is the first store to start to do wedding
business in Chiangrai
- They opened the business about ten years so their store also well
known for Chiangrai people
- In the store there are more than two-hundred of bridal dresses which is
for sale and rent
- There are many patterns of their bridal dresses including Thai, China,
Taiwan, and Japan

Place
- The store is small and inconspicuous
- There is not promote via internet

Promotion
- The special promotion is when buy two-hundred of keepsake will get
the privilege to take a free photo
47

Customer Analysis

I love wedding is a comprehensive service about wedding, in addition


there are other services as well such as family photography and graduated
photography. The services are both indoor and outdoor. Therefore, I love wedding
divided into three main target groups. The first group is bride and groom who is
primary customer segment and they can generating the most revenues for I love
wedding. The second group is family who can generate the secondary revenues.
And the last group is others which are including graduation, anniversary, fashion,
etc.
Moreover, there are customers both Thai and foreigner because many
foreigners are married with Thai woman in Chiang Rai. Chiang Rai province has a
total population about 1,227,317 people divided for male 606,775 people and
female 620,542 people. The average of customer age is between 20 to 50 years
olds who is in range of trend to getting married.

Table 3.1 Population aged between 20 to 50 years

Age Male Female Total


20 7,921 7,868 15,789
21 7,596 8,064 15,660
22 7,713 7,951 15,664
23 8,421 8,395 16,816
24 8,452 8,395 16,847
25 8,994 8,805 17,799
26 9,256 8,993 18,249
27 9,504 9,365 18,869
28 9,052 8,474 17,526
29 8,859 8,724 17,583
30 8,275 8,153 16,428
31 8,594 8,359 16,953
32 8,450 8,486 16,936
48

33 8,185 8,016 16,201


34 8,546 8,323 16,869
35 8,364 8,312 16,676
36 8,543 8,817 17,360
37 8,254 9,159 17,413
38 8,302 8,817 17,119
39 8,413 9,574 17,987
40 8,855 9,656 18,511
41 8,847 9,979 18,826
42 9,180 10,468 19,648
43 9,613 10,578 20,191
44 9,752 10,893 20,645
45 9,692 10,667 20,359
46 9,885 10,658 20,543
47 9,570 10,331 19,901
48 9,595 10,259 19,854
49 9,465 9,957 19,422
50 8,732 9,317 18,049
Source: Department Of Provincial Administration, 2008

Competitive Analysis

In Thailand, the wedding studio business was established in Thonglor,


Bangkok. Nowadays this business is very popular with new generation of wedding
couples, because presently the marriage has changed from previously. In addition,
wedding business can help the wedding couples is more convenient. Thonglor
area is main location of wedding studio and has high market competitive. There
are many entrepreneurs see the ways to make more profit by expending the
wedding business to other areas. And Chiang Rai province is the one of many
entrepreneurs feel interested to open wedding studio.
The wedding business in Chiang Rai is a small business that provides service
about photography, makeup and hairdo, bridal dresses, card, and keepsake.
49

Moreover Chiang Rai has not wedding studio business that providing
comprehensive wedding service to customer. But later there are many
entrepreneurs interested to open wedding studio that gives full service in Chiang
Rai. After that the wedding studio business becomes the business which is very
popular. Then the affects of wedding business is high competition about price of
products and various kind of service packages. Therefore the entrepreneurs of
each store should be tries hardly to create their own identities for their brands and
doing the best for attracting customer’s attentions to becomes successful business
in finally.

3.2 STP Analysis

3.2.1 Market Segmentation

Market segmentation of I love wedding divide customer segment into


Niche Marketing which each niche will look for unique benefits. The Niche
marketing can better help to understand the condition of market and customer
needs. Then, it can penetrate into each sub market.
From interview between 20 to 27 November, 2009, I love wedding can
divide the market segmentation by pie chart for easily to understand. We have 3
types of classifications. The first group is primary customer segment which can
generating the most revenues for I love wedding include bride and groom. The
second group is family which can generate secondary revenues. The last group is
others such as graduation, anniversary, and etc.
50

Family
20% Bride and groom
Family
Bride and Others
groom
65%

Others
15%

Figure 3.10 Market Segmentation of I Love Wedding

3.2.2 Target Analysis

Wedding business has more expanded and popular with customers,


customers believe that the wedding becomes a factor in life already, so people
would be married. In addition, this business is also convenience to host. For I love
wedding create a market specialization. We aim to response particular customer
needs. In this market of Chiang Rai, I love wedding provide 2 target groups. First,
the customers have high society which there is high income and capability to
purchase products and services. They look for modern and luxury. Second, the
customers have middle class which there is moderate income and capability to
purchase products and services, but they look for high quality products and
services.
51
Table 3.2 Average monthly and expenditure per household and amount of dept per household by Socio-
Economic Class in Chiang Rai

Average Monthly Income And Expenditure Per Household And Amount Of Debt Per Household
By Socio- Economic Class
Average monthly Average monthly
Amount of debt Percent of
income per expenditures
Socio - Economic per household expenditure to
household per household
Class (Baht) income
(Baht) (Baht)

10,495 10,484 114,377 99.9


All Households

Farm Operators
Plant/Animal/Culture
(Mainly Owning 6,757 7,624 72,221 112.8
Land)
Plant/Animal/Culture
5,950 6,989 59,147 117.5
(Mainly Renting
Land/Free)

Fishing, Forestry,
5,484 4,426 13,850 80.7
Agricultural services
Own – account
Wokers, Non – 12,979 13,266 178,470 102.2
Farm
Employees
Professional,
31,533 28,548 640,321 90.5
Technical, Adm.
Workers

Farm Workers 4,208 3,752 22,373 89.2

General Workers 4,811 6,154 8,259 127.9

Clerical, Sales and


13,448 12,186 106,873 90.6
Services Workers

Production Workers 10,053 15,180 31,122 151.0

Economically
9,496 8,617 45,637 90.7
Inactive

Source: Report of The Household Socio-economic Survey, Chiang Rai Province, Chiang Rai Statistical
Office
52

3.2.3 Position Analysis

The position of the wedding business is to create image of quality products


and services to enter the mind of target group of customers that is bride, groom,
family, and other. Our image of product and service arising in the mind of target
group of customers is personal feeling to services of I love wedding, because our
employee have skill or expertise which can provide advice or consulting with
customers to select our products or services. Employees or personal is courtesy
and build relationships with customers very well. It makes the customer be
friendly and easy to give opinion that can run effortlessly. Then, it can response
customer needs as well which these difference can create good image with
customers, so our business is recognized and customers can remember. The last,
the customers can tell to another by using word of mouth. It can gain more
customers

3.3 Marketing Mix Strategy

3.3.1 Product strategy

Branding Strategy, we set brand name in English. It is short and easy to


remember. The brand name is “I Love Wedding”. This brand can see
characteristic exactly of our products and services. Therefore, we create the logo
for identify to our brand name. Logo use gold color for presenting to luxury of I
Love Wedding.

Figure 3.11 Logo of I Love Wedding


53

• Products and services strategy

I Love Wedding is the products and services that can be selective which
there are many products and services for response customer needs in each person,
because person are different, so customers can select the products and services
that according who want or life style. Therefore, our shop has professional
employees to consulting with customer.

• Products

- Bridal dress
- Cards
- Keepsake

• Services

- Location, decoration flower,


- Comprehensive Consultation
- Photography, video
- Make up and Hairdo
- Select music

• Reliability and confidence

I Love Wedding can build reliability and confidence to customers very


well, because I Love Wedding open every day to response customer need and the
market in Chiang Rai. It can make customer satisfied.
54

3.3.2 Price Strategy

I Love Wedding set high-value strategy which is the position of the price
and quality in Chiang Rai. It means that high-quality products and services by
setting moderate prices for comparing with competitors, such as Ton Aor
Wedding Studio & Organizer, Mild Studio and Memory Studio
- Ton Aor Wedding Studio & Organizer, their package price start at 4,900 Baht,
which is include
¾ Photo Size 20x24 inches 1 piece
¾ Louis frame Size 20x24 inches 1 piece
¾ Photo Size 8x10 inches 5 pieces
¾ Photo Size 4x6 inches 20 pieces
¾ CD
The most expensive of their package price is 19,999 Baht, which is
include
¾ Groom and bridal dress with accessory (In the morning)
¾ Groom and bridal dress with accessory (In the evening)
¾ Make up and hairdo for groom and bride 2 times
¾ Wedding photo 1 package
¾ Photo Size 20x24 inches 1 piece
¾ Louis frame Size 20x24 inches 1 piece
¾ Photo Size 8x10 inches 30 pieces
¾ Photo album
¾ CD
¾ Wedding invitation card amount 100 pieces
¾ Keepsake amount 100 pieces

- Mild Studio, their package price will start at 1,900 Baht, which is include
¾ Photo with Louis frame Size 8x10 inches 1 piece
¾ Photo with frame Size 6x8 inches 1 piece
¾ Photo Size 6x8 inches 5 pieces
¾ Photo Size 4x6 inches 15 pieces
55

The most expensive of their package price is 11,900 Baht, which is


include
Package A
¾ Photo with Louis frame Size 20x24 inches 1 piece
¾ Photo with Louis frame Size 16x20 inches 1 piece
¾ Photo with Louis frame Size 12x15 inches 1 piece
¾ Photo with Louis frame Size 10x12 inches 1 piece
¾ Photo Size 8x10 inches 4 pieces
¾ Photo Size 6x8 inches 12 pieces
¾ Photo Size 4x6 inches 40 pieces
¾ 40 actions with CD photo album selection
Package B
¾ Photo with Louis frame Size 20x30 inches 1 piece
¾ Photo with Louis frame Size 12x15 inches 1 piece
¾ Photo Size 8x10 inches 10 pieces
¾ Photo Size 6x8 inches 20 pieces
¾ Photo Size 4x6 inches 45 pieces
¾ 45 actions with CD photo album selection
* All package including makeup and hairdo

- Memory Studio, their package price will start at 5,900 Baht, which is include
Package A
¾ Photo with Louis frame Size 20x24 inches 1 piece
¾ Photo Size 16x20 inches 1 piece
¾ Photograph set with makeup and hairdo (Studio) 2 sets
¾ Photo music box
Package B
¾ Bridal dress for bride 1 set
¾ Traditional Thai dress for bride 1 set
Package C
¾ Traditional Thai dress for groom 1 set
¾ Traditional Thai dress for bride 1 set
¾ Makeup and hairdo in wedding ceremony 1 time
56

The most expensive of their package price is 29,990 Baht, which is


include
¾ LCD album with Crystal cover Size 10x12 inches 10
pages
¾ Photo with frame Size 20x24 inches 1 piece
¾ Photo Size 16x20 inches 1 piece
¾ Photo (Artwork) Size 20x60 inches 1 piece
¾ Photograph set with makeup and hairdo 4 set
¾ 2 photographers (Candid)
* Every package will get DVD high resolution all files of photos to free
which is
The customer will not add more money like others store.
- Ton Rak Rojanaporn Wedding Studio, their promotion price is expensive than
others competitor because their target segment is people who have more money.
From price of competitors have to set can let me know how much we will setting
for our package price, such as I Love Wedding’s package price will start with
3,990 baht, which is include
¾ Louis frame Size 20x24 inches 1 Piece
¾ Photo Size 20x24 inches 1 Piece
¾ Photo Size 4x6 inches 20 Pieces
¾ Wedding invitation card amount 100 pieces
¾ Keepsake amount 50 pieces
¾ CD
* Customer can take 20 actions for photograph
* Free for booking hotel
The most expensive of their package price is 39,990 baht, which is
include
¾ Bridal Dress and Groom Suite 1 set for each
¾ Thai Traditional Bridal and
Thai Traditional Groom 1 set for each
¾ Louis frame Size 20x24 inches 1 Piece
¾ Photo Size 20x24 inches 1 Piece
¾ Photo Size 4x6 inches 50 Piece
¾ Crystal LCD Album Size 4x6 inches, 20pages 1 Piece
¾ makeup and hairdo 2 Time
57

¾ Wedding invitation card amount 200 pieces


¾ Keepsake amount 100 pieces
¾ Flower arbors Middle Size
¾ CD
* Customer can take 20 actions for photograph
* Free for booking hotel

From the packages of I Love Wedding, customers can get the value of
product relative with prices or get price equal value, because the value of products
and services are important in customers mind because the products and services
are more valuable for response customer needs. It can makes in business growth
faster.
A setting of price as a set of Product-bundling pricing which I Love
Wedding to set mixed bundling to offers both single and set or package. If the
customers purchase in package, it make to reduce cost. Sometimes, some
customers do not want to purchase in package or set also to negotiation for get a
best price to satisfaction.
Setting of price creates for promotion to customers buy faster. I Love
Wedding have set with Special-event pricing, such as Valentine’s Day for
appealing of more customers to a shop.

3.3.3 Place Strategy

We focus on marketing strategies using the Pull strategy is to use


advertising and sale promotion to be appealing of more customers. Because of
wedding decided to take time in choosing products in order to get the best that
they require, so we should determine the variety product that it makes the channel
of products and service to expand. Then, the customers can choose the products
and services for response with their needs fully.
Location of I Love Wedding is on Superhighway Road, Tambon Wiang,
Amphoe Mueang, Chiang Rai. It located on left hand side and near Chiang Rai
wood.
58

3.3.4 Promotion Strategy

The promotion tools as follows:


• Advertising

- Informative advertising for introduce people to know our shop and


products and services.
- Persuade advertising for introduce a quality of products and services.
- Medium of communication that we use is Radio in Chiang Rai.

• Personal selling

I Love Wedding will focus on service, so the personal selling is important


for business in order to present and help customers that they want. Personal selling
also takes care and good relationship with customers to consulting about products
and services. Therefore, personal selling must to persuade the customers for
decide more easily to purchase product and services.

• Direct Market

I Love Wedding create a web blog for using directly channel to present
customers about products and services and recommend them to know a shop,
because an online internet is popular in presently. Then, the customers can easily
to accessible. Our web blog is http://i-lovewedding.blogspot.com

Figure 3.12 Web blog


59

• Sale promotion

Sale Promotion is an incentive for customers. I Love Wedding offer sale


promotion to consumer by give premium, such as photos in other sizes.
Displays for decoration a shop to exhibit set of wedding gown, wedding
photo, etc. for creating and build internal environment in a shop. Then, it can
persuade and attract the customers to use our shopping service.

3.4 Sales Forecast/Profit Estimation

Figure 3.13 Total registered marriage certificate statistics

According to the total registered a marriage certificate statistic in Chiang


Rai between in 2006 to 2008, we assume the number of marriage in 2008 which is
there are 4,906 couples of marriage to forecast sales of our store as following:

Number of marriage in 2008 = 4,906 couple


Number of marriage/month = 4,906/12 ≈ 409 couple
There are 7 main competitors =409/7 ≈ 58 couple
60

And I Love Wedding divided the customer segment into three types which
are bride and groom, family, and others.

Figure 3.14 Market Segmentation

The primary customer segment which cans generating the most revenues
for I love wedding is bride and groom.

Total of customer/month = 58 couple (100%)


Bride and groom = 65% (main customer segmentation)
The total of customer/month = 65%*58 ≈ 38 couple

So, 38 couple is the total of the customer per month of I Love Wedding.
But from interviewing the entrepreneurs of wedding studio in Chiang Rai, we
found that the range of customers that store can serve a service is between in 10 to
25 couple per month. Because if there are customers more than store can
responsible, this might cause the problems of time management. To solve the
problem is we use the average numbers is 18 couple in the beginning year1. And
next we forecast the number of customers by concern with two factors which is
high season and low season. We use the range number of customers is between 18
to 38 couple per month.

- Interviewing range = 10 - 25 couple/month

Average = 18 couple/month

- The total of customer (I Love Wedding) = 38 couple/month


61

We assume that the percentage of customers will increase 20% every year and
total of sale will increase as well.
20%
Year 1 = 132 couple
Year 2 = 158 couple+14 couple (from sale promotion)
Year 3 = 190 couple+30 couple (from sale promotion)
Year 4 = 228 couple+14 couple ( from sale promotion)
Year 5 = 274 couple+30 couple (from sale promotion)

Total sales
Year 1 = 10,404,260 baht
Year 2 = 13,010,990 baht
Year 3 = 16,214,600 baht
Year 4 = 18,282,990 baht
Year 5 = 22,852,290 baht
62

Sales of Year 2010

Table 3.4 Sales of I Love Wedding in year 2010

Year 2010
Sale volume
Product and Service/ month Price JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bridal dresses/couples 8,000 18 20 15 10 6 4 2 3 6 10 18 20 132
Frames 2,000 18 20 15 10 6 4 2 3 6 10 18 20 132
Crystal LCD Album 3,500 18 20 15 10 6 4 2 3 6 10 18 20 132
Card 15 7,200 8,000 6,000 4,000 2,400 1,600 800 1,200 2,400 4,000 7,200 8,000 52,800
Keepsake 17 7,200 8,000 6,000 4,000 2,400 1,600 800 1,200 2,400 4,000 7,200 8,000 52,800
Photography 1,990 12 10 10 10 12 18 15 10 10 10 9 8 134
Photography (Pre-wedding) 20,500 18 20 15 10 6 4 2 3 6 10 18 20 132
Video 7,000 9 10 7 5 3 2 1 2 3 5 9 10 66
Location, Event Decoration 45,000 9 10 7 5 3 2 1 2 3 5 9 10 66
Makeup and hairdo 4,000 18 20 15 10 6 4 2 3 6 10 18 20 132

Total sale
Products and Services/ month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bridal dresses/couple 144,000 160,000 120,000 80,000 48,000 32,000 16,000 24,000 48,000 80,000 144,000 160,000 1,056,000
Frames 36,000 40,000 30,000 20,000 12,000 8,000 4,000 6,000 12,000 20,000 36,000 40,000 264,000
Crystal LCD Album 63,000 70,000 52,500 35,000 21,000 14,000 7,000 10,500 21,000 35,000 63,000 70,000 462,000
Card 108,000 120,000 90,000 60,000 36,000 24,000 12,000 18,000 36,000 60,000 108,000 120,000 792,000
Keepsake 122,400 136,000 102,000 68,000 40,800 27,200 13,600 20,400 40,800 68,000 122,400 136,000 897,600
Photography 23,880 19,900 19,900 19,900 23,880 35,820 29,850 19,900 19,900 19,900 17,910 15,920 266,660
Photography (Pre-wedding) 369,000 410,000 307,500 205,000 123,000 82,000 41,000 61,500 123,000 205,000 369,000 410,000 2,706,000
Video 63,000 70,000 49,000 35,000 21,000 14,000 7,000 14,000 21,000 35,000 63,000 70,000 462,000
Location, Event Decoration 405,000 450,000 315,000 225,000 135,000 90,000 45,000 90,000 135,000 225,000 405,000 450,000 2,970,000
Makeup and hairdo 72,000 80,000 60,000 40,000 24,000 16,000 8,000 12,000 24,000 40,000 72,000 80,000 528,000
Total 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
63

Figure 3.15 Sales of I Love Wedding in year 2010

Total Sales of Year 2010

฿500,000
฿450,000 Bridal dresses/couple
฿400,000 Frames
฿350,000
Total Sales

Crystal LCD Album


฿300,000
฿250,000 Card
฿200,000 Keepsake
฿150,000
฿100,000 Photography
฿50,000 Photography (Pre-wedding)
฿0 Video
T Location, Event Decoration
N

G
R

C
B

OC
FE

DE
AP

JU

AU

Makeup and hairdo


Month
64

Sale of Year 2011

Table 3.5 Sales of I Love Wedding in year 2011

Year 2011
Sale volume
Product and Service/ month Price JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bridal dresses/couples 8,000 22 25 21 10 7 4 3 3 6 15 20 22 158
Frames 2,000 22 25 21 10 7 4 3 3 6 15 20 22 158
Crystal LCD Album 3,500 22 25 21 10 7 4 3 3 6 15 20 22 158
Card 15 8,800 10,000 8,400 4,000 2,800 1,600 1,200 1,200 2,400 6,000 8,000 8,800 63,200
Keepsake 17 8,800 10,000 8,400 4,000 2,800 1,600 1,200 1,200 2,400 6,000 8,000 8,800 63,200
Photography 1,990 7 4 6 10 20 22 18 15 12 10 9 8 141
Photography (Pre-wedding) 20,500 22 25 21 10 7 4 3 3 6 15 20 22 158
Video 7,000 11 12 10 5 3 2 1 2 3 7 10 11 77
Location, Event Decoration 45,000 11 12 10 5 3 2 1 2 3 7 10 11 77
Makeup and hairdo 4,000 22 25 21 10 7 4 3 3 6 15 20 22 158

Total sale
Products and Services/ month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bridal dresses/couple 176,000 200,000 168,000 80,000 56,000 32,000 24,000 24,000 48,000 120,000 160,000 176,000 1,264,000
Frames 44,000 50,000 42,000 20,000 14,000 8,000 6,000 6,000 12,000 30,000 40,000 44,000 316,000
Crystal LCD Album 77,000 87,500 73,500 35,000 24,500 14,000 10,500 10,500 21,000 52,500 70,000 77,000 553,000
Card 132,000 150,000 126,000 60,000 42,000 24,000 18,000 18,000 36,000 90,000 120,000 132,000 948,000
Keepsake 149,600 170,000 142,800 68,000 47,600 27,200 20,400 20,400 40,800 102,000 136,000 149,600 1,074,400
Photography 13,930 7,960 11,940 19,900 39,800 43,780 35,820 29,850 23,880 19,900 17,910 15,920 280,590
Photography (Pre-wedding) 451,000 512,500 430,500 205,000 143,500 82,000 61,500 61,500 123,000 307,500 410,000 451,000 3,239,000
Video 77,000 84,000 70,000 35,000 21,000 14,000 7,000 14,000 21,000 49,000 70,000 77,000 539,000
Location, Event Decoration 495,000 540,000 450,000 225,000 135,000 90,000 45,000 90,000 135,000 315,000 450,000 495,000 3,465,000
Makeup and hairdo 88,000 100,000 84,000 40,000 28,000 16,000 12,000 12,000 24,000 60,000 80,000 88,000 632,000
Sale promotion 0 700,000 0 0 0 0 0 0 0 0 0 0 700,000
Total 1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
65

Figure 3.16 Sales of I Love Wedding in year 2011

Total Sales of Year 2011

฿800,000 Bridal dresses/couple


฿700,000 Frames
฿600,000 Crystal LCD Album
Total Sales

฿500,000
Card
฿400,000
Keepsake
฿300,000
Photography
฿200,000
Photography (Pre-wedding)
฿100,000
฿0 Video
Location, Event Decoration
CT
N

G
R

C
B

Makeup and hairdo


FE

DE
AP

JU

AU

Month Sale promotion


66

Sale of Year 2012

Table 3.6 Sales of I Love Wedding in year 2012

Year 2012
Sale volume
Product and Service/ month Price JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bridal dresses/couples 8,000 25 27 25 15 8 5 3 4 10 20 23 25 190
Frames 2,000 25 27 25 15 8 5 3 4 10 20 23 25 190
Crystal LCD Album 3,500 25 27 25 15 8 5 3 4 10 20 23 25 190
Card 15 10,000 10,800 10,000 6,000 3,200 2,000 1,200 1,600 4,000 8,000 9,200 10,000 76,000
Keepsake 17 10,000 10,800 10,000 6,000 3,200 2,000 1,200 1,600 4,000 8,000 9,200 10,000 76,000
Photography 1,990 6 4 6 10 20 22 18 15 12 10 9 8 140
Photography (Pre-wedding) 20,500 25 27 25 15 8 5 3 4 10 20 23 25 190
Video 7,000 12 13 12 7 4 3 1 2 5 10 11 12 92
Location, Event Decoration 45,000 12 13 12 7 4 3 1 2 5 10 11 12 92
Makeup and hairdo 4,000 25 27 25 15 8 5 3 4 10 20 23 25 190

Total sale
Products and Services/ month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bridal dresses/couple 200,000 216,000 200,000 120,000 64,000 40,000 24,000 32,000 80,000 160,000 184,000 200,000 1,520,000
Frames 50,000 54,000 50,000 30,000 16,000 10,000 6,000 8,000 20,000 40,000 46,000 50,000 380,000
Crystal LCD Album 87,500 94,500 87,500 52,500 28,000 17,500 10,500 14,000 35,000 70,000 80,500 87,500 665,000
Card 150,000 162,000 150,000 90,000 48,000 30,000 18,000 24,000 60,000 120,000 138,000 150,000 1,140,000
Keepsake 170,000 183,600 170,000 102,000 54,400 34,000 20,400 27,200 68,000 136,000 156,400 170,000 1,292,000
Photography 11,940 7,960 11,940 19,900 39,800 43,780 35,820 29,850 23,880 19,900 17,910 15,920 278,600
Photography (Pre-wedding) 512,500 553,500 512,500 307,500 164,000 102,500 61,500 82,000 205,000 410,000 471,500 512,500 3,895,000
Video 84,000 91,000 84,000 49,000 28,000 21,000 7,000 14,000 35,000 70,000 77,000 84,000 644,000
Location, Event Decoration 540,000 585,000 540,000 315,000 180,000 135,000 45,000 90,000 225,000 450,000 495,000 540,000 4,140,000
Makeup and hairdo 100,000 108,000 100,000 60,000 32,000 20,000 12,000 16,000 40,000 80,000 92,000 100,000 760,000
Sale promotion 0 1,500,000 0 0 0 0 0 0 0 0 0 0 1,500,000
Total 1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
67

Figure 3.17 Sales of I Love Wedding in year 2012

Total Sales of Year 2012

฿1,600,000 Bridal dresses/couple


฿1,400,000
Frames
฿1,200,000
Total Sales

Crystal LCD Album


฿1,000,000
Card
฿800,000
Keepsake
฿600,000
Photography
฿400,000
฿200,000 Photography (Pre-wedding)
฿0 Video
Location, Event Decoration
R
B

G
N

EC
T
C
FE

Makeup and hairdo


JU
AP

AU

D
Month Sale promotion
68

Sale of Year 2013

Table 3.7 Sales of I Love Wedding in year 2013

Year 2013
Sale volume
Product and Service/ month Price JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bridal dresses/couples 8,000 27 30 25 22 15 9 4 5 15 24 25 27 228
Frames 2,000 27 30 25 22 15 9 4 5 15 24 25 27 228
Crystal LCD Album 3,500 27 30 25 22 15 9 4 5 15 24 25 27 228
Card 15 10,800 12,000 10,000 8,800 6,000 3,600 1,600 2,000 6,000 9,600 10,000 10,800 91,200
Keepsake 17 10,800 12,000 10,000 8,800 6,000 3,600 1,600 2,000 6,000 9,600 10,000 10,800 91,200
Photography 1,990 7 4 6 10 20 22 18 15 12 10 9 8 141
Photography (Pre-wedding) 20,500 27 30 25 22 15 9 4 5 15 24 25 27 228
Video 7,000 13 15 12 11 7 4 2 2 7 12 12 13 110
Location, Event Decoration 45,000 13 15 12 11 7 4 2 2 7 12 12 13 110
Makeup and hairdo 4,000 27 30 25 22 15 9 4 5 15 24 25 27 228

Total sale
Products and Services/ month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bridal dresses/couple 216,000 240,000 200,000 176,000 120,000 72,000 32,000 40,000 120,000 192,000 200,000 216,000 1,824,000
Frames 54,000 60,000 50,000 44,000 30,000 18,000 8,000 10,000 30,000 48,000 50,000 54,000 456,000
Crystal LCD Album 94,500 105,000 87,500 77,000 52,500 31,500 14,000 17,500 52,500 84,000 87,500 94,500 798,000
Card 162,000 180,000 150,000 132,000 90,000 54,000 24,000 30,000 90,000 144,000 150,000 162,000 1,368,000
Keepsake 183,600 204,000 170,000 149,600 102,000 61,200 27,200 34,000 102,000 163,200 170,000 183,600 1,550,400
Photography 13,930 7,960 11,940 19,900 39,800 43,780 35,820 29,850 23,880 19,900 17,910 15,920 280,590
Photography (Pre-wedding) 553,500 615,000 512,500 451,000 307,500 184,500 82,000 102,500 307,500 492,000 512,500 553,500 4,674,000
Video 91,000 105,000 84,000 77,000 49,000 28,000 14,000 14,000 49,000 84,000 84,000 91,000 770,000
Location, Event Decoration 585,000 675,000 540,000 495,000 315,000 180,000 90,000 90,000 315,000 540,000 540,000 585,000 4,950,000
Makeup and hairdo 108,000 120,000 100,000 88,000 60,000 36,000 16,000 20,000 60,000 96,000 100,000 108,000 912,000
Sale promotion 0 700,000 0 0 0 0 0 0 0 0 0 0 700,000
Total 2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520 18,282,990
69

Figure 3.18 Sales of I Love Wedding in year 2013

Total Sales of Year 2013

฿800,000 Bridal dresses/couple


฿700,000 Frames
฿600,000 Crystal LCD Album
Total Sales

฿500,000
Card
฿400,000
Keepsake
฿300,000
Photography
฿200,000
Photography (Pre-wedding)
฿100,000
฿0 Video
Location, Event Decoration
N

CT
G
R

C
B

Makeup and hairdo


FE

DE
AP

JU

AU

O
Month Sale promotion
70

Sale of Year 2014

Table 3.8 Sales of I Love Wedding in year 2014

Year 2014
Sale volume
Product and Service/ month Price JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bridal dresses/couples 8,000 30 35 30 28 21 10 7 5 15 28 30 35 274
Frames 2,000 30 35 30 28 21 10 7 5 15 28 30 35 274
Crystal LCD Album 3,500 30 35 30 28 21 10 7 5 15 28 30 35 274
Card 15 12,000 14,000 12,000 11,200 8,400 4,000 2,800 2,000 6,000 11,200 12,000 14,000 109,600
Keepsake 17 12,000 14,000 12,000 11,200 8,400 4,000 2,800 2,000 6,000 11,200 12,000 14,000 109,600
Photography 1,990 6 4 6 10 20 22 18 15 12 10 9 9 141
Photography (Pre-wedding) 20,500 30 35 39 28 21 10 7 5 15 28 30 35 283
Video 7,000 15 17 15 14 10 5 3 2 7 14 15 17 134
Location, Event Decoration 45,000 15 17 15 14 10 5 3 2 7 14 15 17 134
Makeup and hairdo 4,000 30 35 30 28 21 10 7 5 15 28 30 35 274

Total sale
Products and Services/ month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bridal dresses/couple 240,000 280,000 240,000 224,000 168,000 80,000 56,000 40,000 120,000 224,000 240,000 280,000 2,192,000
Frames 60,000 70,000 60,000 56,000 42,000 20,000 14,000 10,000 30,000 56,000 60,000 70,000 548,000
Crystal LCD Album 105,000 122,500 105,000 98,000 73,500 35,000 24,500 17,500 52,500 98,000 105,000 122,500 959,000
Card 180,000 210,000 180,000 168,000 126,000 60,000 42,000 30,000 90,000 168,000 180,000 210,000 1,644,000
Keepsake 204,000 238,000 204,000 190,400 142,800 68,000 47,600 34,000 102,000 190,400 204,000 238,000 1,863,200
Photography 11,940 7,960 11,940 19,900 39,800 43,780 35,820 29,850 23,880 19,900 17,910 17,910 280,590
Photography (Pre-wedding) 615,000 717,500 799,500 574,000 430,500 205,000 143,500 102,500 307,500 574,000 615,000 717,500 5,801,500
Video 105,000 119,000 105,000 98,000 70,000 35,000 21,000 14,000 49,000 98,000 105,000 119,000 938,000
Location, Event Decoration 675,000 765,000 675,000 630,000 450,000 225,000 135,000 90,000 315,000 630,000 675,000 765,000 6,030,000
Makeup and hairdo 120,000 140,000 120,000 112,000 84,000 40,000 28,000 20,000 60,000 112,000 120,000 140,000 1,096,000
Sale promotion 0 1,500,000 0 0 0 0 0 0 0 0 0 0 1,500,000
Total 2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,910 22,852,290
71

Figure 3.19 Sales of I Love Wedding in year 2014

Total Sales of Year 2014

฿1,600,000 Bridal dresses/couple


฿1,400,000 Frames
฿1,200,000 Crystal LCD Album
Total Sales

฿1,000,000 Card
฿800,000 Keepsake
฿600,000 Photography
฿400,000
Photography (Pre-wedding)
฿200,000
Video
฿0
Location, Event Decoration

OCT
JAN

JUN
JUL
AUG

DEC
FEB

MAY

SEP
MAR
APR

NOV
Makeup and hairdo
Month Sale promotion
72

3.5 Marketing Expenses (Sale Incentive)

There are five types of expenses as following:


¾ Commission is 2% of total sale in each month
¾ Radio advertising ( Jingle In-Out)
o 101.25 MHz, MCOT radio station, Chiang Rai
o 95 baht/time
o Short sport and speaking product brand and products or
services, length is about 15 second in time of start and finish
the radio service. (present only the name, slogan, sample, items,
and supported by)
¾ Brochure
o High season = 500 baht/month
o Middle season = 300 baht/month
o Low season = 200 baht/month
¾ Fuel for service to customers is 500 baht per a customer
¾ Sales promotion is only in February which is month of highest
customers

o Valentine’s Day Event in 2011, which is the first wedding ceremony at Phu
Chee Fah where is the northernmost of Thailand.

Figure 3.20 Valentine’s Day 2011 Vinyl Billboard


73

• It approaches the second year, I Love Wedding


studio which cooperates with Chiang Rai province
and Conservation Area Management Office 15 to
hold the Valentine wedding under the name “The
First Wedding Ceremony at Phu Chee Fah
where is the Northernmost of Thailand”. It is
hold on February 14th, 2011. Figure3.21 Phu Chee Fah

• The main objective of this arrangement is to promote and make the tourist
attractions in Chiang Rai province well- known.

• The main sponsor of this event is I Love Wedding, including Chiang Rai
province and Conservation Area Management Office 15 like the secondary
sponsor.

• On February 14th, the expenses of the wedding ceremony per couple are about
80,000 baht. This package consists of bridal dress, groom suit, makeup and
hairdo, wedding photography both in studio and on Phu Chee Fah, and the
resort for 2 nights on February 13th-14th, 2011. Within this Valentine wedding,
Phu Chee Fah’s the cliff will be changed into the paradise gate. Furthermore,
there are registrars who witness in this registering a marriage license as well.
The auspicious time of this wedding is at 9.09 am. However, all 14 wedding
couples of two countries (Thailand and Laos) will register the marriage
registration in the same time at the cliff of Phu Chee Fah. The height of the
cliff from water level is 1,628 meter. For the safety I Love Wedding will
prepare measures to save all wedding couples as well.

• Organization’s contact:
- Chiang Rai Administration Organization and located at 183 Moo.8, Wieng
District, Muang, Chiang Rai 57100. Telephone no. 665-371-1499

- Conservation Area Management Office 15. Telephone no. 665-371-4914


74

- Rairompothong Resort : Tel 668-7189-1099, 668-5204-7775

- Police station Wieng Kaen, Chiang Rai, Tel:053-608-081 , 053-608-191

• Cost for create Valentine’s Day event 2011

- Valentine’s Day Vinyl Billboard size 18×45 include service is 121,500


baht

- Cost for location, flower, register the marriage registration, resort, security
guard are 50,000 baht.

So, the total cost for Valentine’s Day event in 2011 is 171,500 baht

o Valentine’s Day Event in 2012, which is wedding ceremony and wedding


registrations on the elephants

Figure 3.22 Valentine’s Day 2012 Vinyl Billboard


75

• It approaches the third year, I Love Wedding


studio, Chiang Rai province which cooperates
with Thai Elephants Conservation Centre, Lam
Phang province on Valentine Day or Day of
Love, on February 14th, 2012 under the name
“Wedding ceremony and wedding
registrations on the elephant in Valentine Day
by I Love Wedding Studio” join celebrate the day
Figure 3.23 Thung Garden
of Love.

• The wedding ceremony and wedding


registrations on the elephant cordially invite
the spouse and sweetheart both Thai and
foreign people attendees wedding ceremony
and wedding registrations on the elephant at
Thung Garden, Chiang Rai. However, the
elephant is animal august of King of
Thailand and a national symbol of Thailand Figure 3.24 wedding registrations
and reinforce the fortune for wedding couple on the elephant

in the amid an atmosphere Lanna wedding.

• The objective events as follows


1. To public relations the traveling of Chiang Rai province
2. To generate income from tourisms to local communities
3. The local communities to participate in the event and make a pride in
work
4. To conserve and distribute cultural and traditions in Lanna style of
north Thailand
5. To promote tourisms and support the activities of Thai Elephants
Conservation Centre is well known around the world
6. To promote I love wedding studio
76

• The rate attending wedding ceremony and wedding registrations on the


elephants are 50,000 baths per couple.
Service consists:
- Elephant procession of bridal and groom, wedding ceremony and
celebration
- Bridal dress, groom suite, makeup and hairdo
- Khan Toke dinner 5 set (wedding couple 1 set and joined the
wedding couple 4 set for 20 people)
- Keepsake about 20 pieces per couple

• Organization’s contact:
- Chiang Rai Administration Organization and located at 183 Moo.8, Wieng
District, Muang, Chiang Rai 57100. Telephone no. 665-371-1499

- Thai Elephants Conservation Centre, Lam Phang and located at Km. 28-
29 Lam Phang-Chiang Mai Road., Wieng Tan District, Hangchat Lam
Phang. Telephone no. 665-422-8108, 668- 1885 -3708, 668 9850 -6187

- Police Station Muang, Chiang Rai, Tel: 053-711-444 , 053-711-588

• Cost for create Valentine’s Day event 2012


- Valentine’s Day Vinyl Billboard size 18×45 include service is 121,500
baht

- Cost for location, flower, rent elephants, security guard, and promote are
80,000 Baht

So, the total cost for Valentine’s Day event in 2012 is 201,500 baht

* Year 2013, I Love Wedding will create Valentine’s Day Event: The first wedding
ceremony at Phu Chee Fah where is the northernmost of Thailand.

** Year 2014, I Love Wedding will create Valentine’s Day Event: Wedding
ceremony and wedding registrations on the elephants.
77

Marketing Expenses of Year 2010

Table 3.9 Marketing Expenses of I Love Wedding in year 2010

Marketing expenses Year 2010


Expense/Month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Commission 28,126 31,118 22,918 15,758 9,694 6,860 3,669 5,526 9,614 15,758 28,006 31,038 208,085
Radio Adv. 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 146,376
Brochure 500 500 500 300 300 300 200 200 200 500 500 500 4,500
Fuel for service to customers 9,000 10,000 7,500 5,000 3,000 2,000 1,000 1,500 3,000 5,000 9,000 10,000 66,000
Total 49,824 53,816 43,116 33,256 25,192 21,358 17,067 19,424 25,012 33,456 49,704 53,736 424,961

Figure 3.25 Marketing Expenses of I Love Wedding in year 2010

Marketing Expenses of Year 2010

฿35,000
฿30,000
Total Expenses

฿25,000 Commission
฿20,000 Radio Adv.
฿15,000 Brochure
฿10,000 Fuel for service to customers
฿5,000
฿0
JUL

OCT
JAN

JUN

AUG
FEB

MAY

SEP

DEC
NOV
MAR
APR

Month
78

Marketing Expenses of Year 2011

Table 3.10 Marketing Expenses of I Love Wedding in year 2011


Marketing expenses Year 2011
Expense/Month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Commission 34,071 52,039 31,975 15,758 11,028 7,020 4,804 5,725 9,694 22,918 31,078 34,110 260,220
Radio Adv. 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 146,376
Brochure 500 500 500 300 300 300 200 200 200 500 500 500 4,500
Fuel for service to customers 11,000 12,500 10,500 5,000 3,500 2,000 1,500 1,500 3,000 7,500 10,000 11,000 79,000
Sales promotion - 171,500 - - - - - - - - - - 171,500
Total 57,769 248,737 55,173 33,256 27,026 21,518 18,702 19,623 25,092 43,116 53,776 57,808 661,596

Figure 3.26 Marketing Expenses of I Love Wedding in year 2011

Marketing Expenses of Year 2011


200,000
180,000
160,000 Commission
Total Expenses

140,000
120,000 Radio Adv.
100,000 Brochure
80,000 Fuel for service to customers
60,000
Sales promotion
40,000
20,000
0
JAN

OCT
JUN
FEB

JUL
AUG
MAY

SEP

DEC
MAR
APR

NOV

Month
79

Marketing Expenses of Year 2012

Table 3.11 Marketing Expenses of I Love Wedding in year 2012

Marketing expenses Year 2012


Expense/Month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Commission 38,119 71,111 38,119 22,918 13,084 9,076 4,804 6,741 15,838 31,118 35,166 38,198 324,292
Radio Adv. 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 146,376
Brochure 500 500 500 300 300 300 200 200 200 500 500 500 4,500
Fuel for service to customers 12,500 13,500 12,500 7,500 4,000 2,500 1,500 2,000 5,000 10,000 11,500 12,500 95,000
Sales promotion - 201,500 - - - - - - - - - - 201,500
Total 63,317 298,809 63,317 42,916 29,582 24,074 18,702 21,139 33,236 53,816 59,364 63,396 771,668

Figure 3.27 Marketing Expenses of I Love Wedding in year 2012

Marketing Expenses of Year 2012

200,000
180,000
160,000
Total Expenses

Commission
140,000
120,000 Radio Adv.
100,000 Brochure
80,000 Fuel for service to customers
60,000
40,000 Sales promotion
20,000
0
AY

P
AR

R
B

V
N

CT

C
JU
FE

SE

NO
JA

AP

JU

DE
AU
M

O
M

Month
80

Marketing Expenses of Year 2013

Table 3.12 Marketing Expenses of I Love Wedding in year 2013

Marketing expenses Year 2013


Expense/Month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Commission 41,231 60,239 38,119 34,190 23,316 14,180 6,860 7,757 22,998 37,262 38,238 41,270 365,660
Radio Adv. 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 146,376
Brochure 500 500 500 300 300 300 200 200 200 500 500 500 4,500
Fuel for service to customers 13,500 15,000 12,500 11,000 7,500 4,500 2,000 2,500 7,500 12,000 12,500 13,500 114,000
Sales promotion - 171,500 - - - - - - - - - - 171,500
Total 67,429 259,437 63,317 57,688 43,314 31,178 21,258 22,655 42,896 61,960 63,436 67,468 802,036

Figure 3.28 Marketing Expenses of I Love Wedding in year 2013

Marketing Expenses of Year 2013

200,000
180,000
160,000
Total Expenses

Commission
140,000
120,000 Radio Adv.
100,000 Brochure
80,000 Fuel for service to customers
60,000
40,000 Sales promotion
20,000
0
JUL

OCT
JAN

JUN

AUG
FEB

MAY

SEP

DEC
NOV
MAR
APR

Month
81

Marketing Expenses of Year 2014

Table 3.13 Marketing Expenses of I Love Wedding in year 2014

Marketing expenses Year 2014


Expense/Month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Commission 46,319 83,399 50,009 43,406 32,532 16,236 10,948 7,757 22,998 43,406 46,438 53,598 457,046
Radio Adv. 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 12,198 146,376
Brochure 500 500 500 300 300 300 200 200 200 500 500 500 4,500
Fuel for service to customers 15,000 17,500 15,000 14,000 10,500 5,000 3,500 2,500 7,500 14,000 15,000 17,500 137,000
Sales promotion - 201,500 - - - - - - - - - - 201,500
Total 74,017 315,097 77,707 69,904 55,530 33,734 26,846 22,655 42,896 70,104 74,136 83,796 946,422

Figure 3.29 Marketing Expenses of I Love Wedding in year 2014

Marketing Expenses of Year 2014

220,000
200,000
180,000
Total Expenses

160,000 Commission
140,000 Radio Adv.
120,000
100,000 Brochure
80,000 Fuel for service to customers
60,000 Sales promotion
40,000
20,000
0
JUL
JAN

JUN

AUG

OCT

DEC
FEB

SEP

NOV
MAR
APR
MAY

Month
82

3.6 Conclusion in market feasibility

From sale forecast table of I love wedding in each year, it can clearly to
represent that season is the factors to influence total sales for I love wedding, such as
in winter, it is between October to March, which is in quarter 4 and quarter 1. That is
high season period in every year, because this period has high demand of customers to
use wedding service, especially bride and groom that favor wedding in winter, and
graduate person in the beginning of the year, therefore it make I love wedding store
increase growth rate rapidly in winter and increase trend of total sale in every year.
In summer, it is between April-June, which is in quarter 2 of each year. I love
wedding have moderate in total sale, because customer also use some service with
wedding studio. In this period, we do marketing continue by advertising product and
service for I love wedding, so this period not much affect to our total sale. Then, we
believe for every year in summer, I love wedding will increase the potential growth of
total sales.
During in rainy season, it is between July to September, which is in quarter 3
of each year. It has declining demand of customer for use wedding services, when
compare with other quarter, because mostly of customer does not favor to wedding in
rainy season. However, I love wedding also have high total sale from another service,
such as studio photograph and other photograph, because we continue doing
advertising, and always adjust marketing strategy to suitable with situation. Then,
during in rainy season will not effect for our total sale, and we also believe in each
year of rainy season period will increase the potential of total sales.
83

Chapter 4 Technical Feasibility Study


84

4.1 Production and Operation Analysis

4.1.1 Product characteristics

• Bridal Dress

The style of your dress is the single most important factor in creating your
overall look on your wedding day. Wedding dresses can range from sleek and simple
to grand and elaborate, depending on your personal taste and the statement you want
to make on your big day. The silhouette of your wedding dress is the first image that
your groom will see when you begin your walk down the aisle, and you want to make
sure that your first impression is a memorable one. Remember that your dress is not
only something special to you, but it is also something special for your groom, and
you want to look your best for the both of you.

Figure 4.1: A-Line/ Princess


1. Dress Styles: A-Line/ Princess

The A-line dress features a shape that is fitted around the


bodice and flows out to the ground, resembling the outline of an
uppercase A. The dress flows fluidly from the bust to the hem
with an unbroken line. Due to its classic and simple style, the A-
line dress is appropriate for any occasion, from a quiet backyard
gathering, to a traditional church ceremony.
Options: The A-line is a versatile shape since it can
accommodate many different structural elements, including horizontal seems that help
define your waistline, or a separate bodice and skirt that feature contrasting fabrics.
The look of the A-line dress is also dependant upon length, which can range from
above the knee for a fun and flirty bride, to a full-length dress that flows into a chapel-
length train for the more traditional bride.
The princess cut is the most dramatic variation of the A-line dress. This style
emphasizes the clean lines of the A-line by utilizing vertical panels that run from the
neckline to the hem. The princess style provides elongating lines that create a
slimming effect since your eye focuses on the length created by these long, smooth
seems.
85

2. Dress Styles: Empire

An empire dress is defined by the raised


waistline that sits just below the bust, from which the
rest of the dress flows down to the hem. This style is
usually paired with a square neckline and wide set
straps or sleeves. Like the A-line, the empire style is
very versatile and can accommodate a wide range of
formality.
Options: Since the empire dress is primarily
defined by the placement of the waistline, there are

many other design options that contribute to the


Figure 4.2: Empire
overall look of the dress. Sleeve length on an empire
dress can range from long, bell sleeves for a winter
Renaissance wedding, to a sleek, sleeveless design perfect for an outdoor summer
affair. Skirt style is another important variable on the empire cut, as it can flow freely
or contour to your body, depending on the silhouette you want to create.
Lighter fabrics work best on the empire design because they allow for the most
movement and flow from the waistline. Layering silk chiffon over a base fabric will
create a romantic effect, especially if the layers are tiered or arranged in a petal style
that gently overlaps in the front. Lace is another great choice for this style that can add
texture and detail to an otherwise simple design. The empire dress is also perfect for
contrasting two fabrics, such as pairing a detailed brocade bodice with a simple satin
skirt.
Figure 4.3: Column

3. Dress Styles: Column

The column dress has a narrow shape that flows straight


down from the neckline to the hem. This dress, also referred to as
a sheath, tends to hug the body and show any and all of your
curves The column is appropriate for all types of weddings,
especially causal occasions on the beach, or intimate evening
events at a banquet hall.
86

Options: Due to the simplicity of the column style, there are many ways to
change the overall appearance of the dress. Mixing various necklines and sleeve
lengths will create a range of different looks around the basic cut of the column dress.
A strapless column dress will look sexy and elegant, while one with a bateau neck and
long, bell sleeves will look more romantic and whimsical.
The column silhouette works well with many different skirt lengths. The
classic look barely grazes the floor, but you can mix it up with a knee length skirt for
a casual afternoon wedding, or add a bustle and train for winter church wedding.
Because of the simplicity of this style, the length of your dress can add character and
formality to your gown.

4. Dress Styles: Ball Gown

The ball gown style is perfect for those brides


envisioning a fairy tale wedding. This silhouette pairs
a fitted bodice with a full skirt that can either be one
piece or separates. The ball gown is most appropriate
for large, traditional weddings where the dress will be
consistent with the formality of the event.
Options: Much like the A-line dress, the ball
gown can support many different necklines and sleeve
lengths. Various combinations of these elements create
Figure 4.4: Ball Gown many different looks for many different occasions. If
you are having a very formal or traditional wedding
where you are expected to be covered, choosing a ball gown with a portrait neck and
long sleeves will keep you covered but also show your femininity. You can achieve a
dramatic effect by choosing a strapless ball gown and pairing it with opera length
gloves. If you want a simple yet elegant look, you can go with a sleeveless, scooped
neck bodice that flows all the way to the ground.
Trains are perfect with the ball gown since the substantial structure of the skirt
can balance the weight of a train. Whether you want the long theatrical presence of
the cathedral length train or the subdued look of the brush length train, the ball gown
can accommodate this traditional feature.
87

5. Dress Styles: Mermaid

The mermaid silhouette contours to the body


from the chest to the knee, then flares out to the hem.
This is a very sexy look that highlights the curves of a
woman’s body. For this reason, you must be confident
and comfortable in your skin to pull off this dramatic
style.
Options: The mermaid style can support just
about all necklines and sleeve lengths to reveal or cover
as much skin as you desire. Since this dress is

captivating by design, a high neck and long sleeves


Figure 4.5: Mermaid
will still create an alluring look without being too
sexy. If you want to show off your skin, you can opt
for a strapless neckline, or a halter with a plunging v-
neck to accentuate your seductive side.
The look of the mermaid dress is influenced by the various skirt styles
available. The skirt can flare out above the knee, at the knee, or below the knee for
slightly different silhouettes. The shape of the skirt and the hem can also affect how
the dress looks. A round skirt provides volume all the way around the lower part of
the bride, whereas a trumpet flare creates volume that flows out behind the bride.
There is also a flamenco flare that gathers the lower part of the dress in the front for a
Spanish feel.

Price of Bridal Dress start about 20,000 Baht


88

• Groom Suite

1. Suite Styles: Tuxedo Suite

There are many options with the tuxedo suite. It can be


single or double-breasted with anywhere from one to six buttons.
There are also three different lapel styles to choose from. The
peaked lapel forms a "V" at the collar and points upward. The
notched lapel has an indentation at the collar in the shape of a
triangle. The shawl lapel has no indentation and smoothly curves
around the neck.

Figure 4.6: Tuxedo Suite Price start at 10,000 baht

2. Suite Styles: Dinner Suite

This white or ivory jacket resembles a tuxedo suite, and is


best suited for warmer weather weddings. A dinner suite can
accommodate both formal and semi-formal evening weddings, and
is one way your groom can set himself apart from his groomsmen.
Price start at 10,000 Baht

Figure 4.7: Dinner Suite


3. Suite Styles: Long Coat Suite

The long suite is a variation of the tuxedo suite that


extends down beyond the man's fingertips. Since this coast has
more length than the other styles, it is best worn by tall, broad-
shouldered men. The long suite is best suited for weddings
held in colder weather.
Price start at 10,000 Baht

Figure 4.8 Long Coat Suite


89

4. Suite Styles: Cutaway Suite

The cutaway is a formal daytime jacket that is short in


the front and tapers to one long tail in the back. This coat
comes in black or dark grey, and is traditionally paired with
matching trousers.
Price start at 10,000 Baht

Figure 4.9 Cutaway Suite

Bridal dress and Groom suit order from Suwannapor Phahurat shop.
Suwannaporn shop is located on Treepetch Road., Wang-burapha-phirom District,
Phranakhon Sub-district, Bangkok 10200. Telephone 662-222-3578 or 662-221-4343,
Mobile phone 668-1553-7041 or 668-0070-0009, web site: (www.pahurad.com)

• Thai Traditional for Bridal Styles

1. Thai Pra-Yuk dress

This is a modern of Thai traditional dress. Blouse is made


of golden silk attached with exquisite shawl. Skirt is readymade
with Na-nang (a typical Thai cutting style on a center of a skirt)
and is decorated golden beads.
Price start at 5,500 Baht

Figure 4.10 Thai Pra-Yuk dress


2. Thai Boromphiman dress

Thai Boromphiman can be worn in many


ceremonial occasions such as espousal, spousal, and
formal occasions.
Price start at 3,200 Baht

Figure 4.11 Thai Boromphiman dress


90

3. Thai Chakri dress

Thai traditional dress, one of the dresses that Thai people


mostly think about is Thai Chakraphad dress which is the standard
gorgeous style. The dress can be used in many occasions such as
engagement ceremony in Thai style and beauty contest.
Price start at 4,500 Baht

Figure 4.12 Thai Chakri dress


• Thai Traditional Groom Styles

1. Thai Racha-Pa-Tan

Praracha-Pa-Tan is a formal suit which is mostly used in


attending royal ceremonies, Thai style reception or used as a Thai
wedding suit. Normally this shirt will be worn together with a
loincloth (Joang-kra-ben).
Price start at 3,000 Baht

Figure 4.13 Thai Racha-Pa-Tan

2. Thai Suite

This suit is mostly used for a bridegroom in Thai-style


wedding ceremony and can be worn in many important
ceremonies such as welcoming or receiving royal visitors from

foreign countries. Figure 4.14 Thai Suite


Price start at 3,800 Baht

Thai Traditional bridal and groom dress order from Phahurat.com shop is
located on Rama IX Road, next to Premire Rama IX, and situated near express way.
Mobile phone 668-7008-6646 or 668-3600-4242, Web site: (www.phahurat.com)
91

• Chinese Traditional bridal dress

1. New Red Satin/Embroidery Wedding Dress/Bridesmaid Gown

Dress description
Size: All size, plus size, standard size
Color: Red
Material: Satin/Embroidery
Price start at 6,400 Baht

Figure 4.15 Wedding Dress/Bridesmaid Gown

2. New Red China modern Wedding Dress Gown

Dress description
Size: All size, plus size, and
standard size
Color: Red
Material: satin, chiffon, taffeta
and organza
Price start at 6,100 Baht

Figure 4.16 New Red China modern

3. Custom made Chinese silk Cheongsam Dress Qipao

Dress description
Size: All size, plus size,
and standard size
Color: Red
Feature: Slit collar, 3 ear buttons,
sleeveless style, red peony and
mum silk, ankle length
Price start at 4,450 Baht
Figure 4.17: Chinese silk Cheongsam Dress qipao
92

4. Custom made Chinese red brocade Dress/Cheongsam Qipa

Dress description
Size: All size, plus size, standard size
Color: Red with phoenix tail
Material: silk brocade Satin
Feature: special Collar, sleeveless,
flower buttons, full length, red silk
tapestry satin
Figure 4.18: Cheongsam qipao Price start at 4,400 Baht

• Chinese Traditional for Groom

1. Asian Chinese Dragon Embroidery Men's Wedding Suit

Dress description
Mandarin collar, Long sleeves,
Dragon embroidery, Line buttons and
Turn over cuff
Price start at 800 Baht

Figure 4.19: Asian Chinese Dragon Men’s suit

Table 4.1 Size of Asian Chinese Dragon Embroidery Men's Wedding Suit

Size Length (inch) Bust (inch) Sleeve length (inch)

M 29 (74cm) 42.5(108cm) 23.6(60cm)


L 30(76cm) 44.5(113cm) 24(61cm)
XL 30.7 (78cm) 46.5(118cm) 24.8(63cm)
XXL 31.5(80CM) 48.8(124cm) 25 (64cm)
XXXL 32 (82cm) 51(130cm) 26 (66cm)
93

• Keepsake

Figure 4.20: Keepsakes

- Soap Keepsake - Ceramic Keepsake

Price start at 12 Baht Price start at 18 Baht

- Sterling Keepsake - Glass Keepsake

Price start at 20 Baht Price start at 10 Baht

Keepsake order from IANG HUAT Shop, located at 41 Vanich1 Huamed,


Chakkrawat District, Samphantawong Sub-district, Bangkok 10100. Telephone 662-
2222-7233 or 662-221-0330, Fax 662-2222-7233
94

• Wedding invitation card

Figure 4.21: Wedding Invitation Card

- Photo card - Pop up card

Price start at 3.50 Baht Price start at 8 Baht

- Paper Card - Chinese Card

Price start at 5 Baht Price start at 6 Baht

Wedding invitation cards order from Supremeprint Co., LTD. Supremeprint


Co., LTD. is located at 2925 Pattanakan Road, Suan Luang District, Suan Luang Sub-
district, Bangkok 10250. Telephone 662-722-0860, 662-321-3452 or 662-321-3459,
Fax 662-722-0861, Web site :(http://www.supremeprint.net)
95

• Flower Arrangements

“Flower” or “flower arbors” is the most important


in wedding day, because that can attract more guests to
attend in your wedding day, so I Love Wedding will
provide more style and in many budget of flower arbors to
our customer for they can choose.
We will deal with flowers shop in Muang, Chiang
Rai. It is near the bus station, and shop’s name is “Jumnern
Fresh Flower”.

Figure 4.22: Jumnern Fresh Flower Shop

Cost of flowers

Figure 4.23: Flowers, Event Decoration

Price: 15,000 baht Price: 14,000 baht

Price: 15,000 baht Price: 5,000 baht


96

Price: 12,000 baht Price: 13,000 baht

Price: 8,000 baht Price: 3,000 baht

Price: 8,000 baht Price: 10,000 baht


97

• Louis frames

I Love Wedding’s frames has to sale with Louis frames in three coolers which
is Black, gold and silver. About the price will calculate follow from the size of
frames.

-Photo with Luis frame


- Frame size Price
- 16×20 inches 1,200 Baht
- 20×24 inches 1,500 Baht
- 24×30 inches 2,500 Baht

Figure 4.24: Luis frame


• Crystal LCD Album

Figure 4.25: Crystal LCD Album


98

Album Size: 4x6 amount 20 page Price 2,200 baht


5x7 amount 20 page Price 2,500 baht
8 x 10 amount 20 page Price 3,100 baht
8 x 12 amount 20 page Price 3,400 baht
10 x 12amount 20 page Price 3,700 baht
12 x 15amount 20 page Price 4,900 baht
12 x 18amount 20 page Price 6,000 baht

Luis frame and Crystal LCD Album order from Photo Album shop. Photo
album is located at 19/45 Phrueksatanee 2 Condotel, Soi .On Nut 55/2 Prawase
District, Prawase Sub-District, Bangkok 10250, Telephone no. 668-6344-5161,
Web site :(http://somjittra.multiply.com)

• Cost of Photo copy

I Love Wedding will use Kodak paper, because it will make our photo picture
have high quality and then more beautiful.

Size Price Size Price


4x6 2 Baht 24x30 110 Baht
5x7 3 Baht 24x36 170 Baht
6x8 6 Baht 6x15 25 Baht
6x9 8 Baht 20x30 80 Baht
8x10 10 Baht 6x18 30 Baht
8x12 12 Baht 20x26 70 Baht
10x12 15 Baht 10x25 45 Baht
10x15 20 Baht 10x30 50 Baht
13x20 40 Baht 20x50 200 Baht
15x20 45 Baht 20x60 240 Baht
16x20 50 Baht 24x60 280 Baht
20x24 60 Baht 24x72 345 Baht
12x30 75 Baht 20x100 400 Baht
12x36 80 Baht 24x100 450 Baht
99

• Musical Cost

Electronic expense 10 Baht/1pcs


Internet expense 10 Baht/1pcs
Waste Time cost 20 Baht/1pcs
Princo CDR/DVD 4.3 Baht/1pcs
Total Music Cost 44.3 Baht/pcs

- Princo CD-R 56X 5 Colors


50 pcs/ Cake Box

Price: 215 Baht


Wage: 0.30 KGs

Figure 4.26: Princo CD-R

Characteristic:

1. CD-Recordable Princo

2. Yellow plates, red, blue, orange, green, 1 box contains 50 sheets.

3. Storage up to 700MB and storage type of noise up to 80 minutes.

4. Size 120 mm diameter wafer.

5. Recording speed from the level 2X to highest 56X.

6. Support and encourage storage for a range of file formats including video, audio
files, graphics files, including information such Data
100

• Make up and hairs do

I Love Wedding will hire the independent makeup artist from “Hair Bar
Beauty Design” to make up and hairs do for our customer when we want in anytime.
Our make up style will concern for natural style, which is very important technique
for our make up service.

- Cost of make up and hair do for Bride and Groom

-1 time 1 x 2,500= 2,500 baht


-2 time 2 x 2,000= 4,000 baht

Figure 4.27: Example of make


up for customers

Figure 4.28 Example of our hairs do style that will offer to customer
101

- Cost of Graduation Day make up and hairdo

The make-up of a supernatural, long lasting and photogenic is designed for a


young and smart graduate

-Make up 300 baht


-Hairs do 200 baht
-Make up and hairs do 500 baht

Figure 4.29: Graduation Day make up and hairdo

Hair Bar Beauty Design

Figure 4.30: Hair Bar Beauty Design

Hair Bar Beauty Design has located in left hand side of the way that goes to
Chiang Rai Rajabhat University by makeup artist with more than 10 years experience.
We will take care for customer’s skin and try to make customer satisfaction for our
service by using high quality cosmetics, which is “Covermark”.
102

• Booking Hotel

I Love Wedding will deal with many hotel in Chiang Rai, such as Wang Come
Hotel, Little duck Hotel, Wiang Inn Hotel, The Mantrrini Boutique Resort, Rimkok
Resort Hotel, Dusit Island Resort Chiang Rai, Phowadol Resort and Spa, and The
Riverhouse Resort and Spa. In these hotels, they didn’t give the commission to I Love
Wedding, but we just make benefit to each other, such as the hotel will introduce I
Love Wedding to their customer or I Love Wedding will help customer booking hotel.
But they will send some souvenirs to I Love Wedding store during in festival.

1. Wang Come Hotel (3 Stars)

Address: 869/90 Pimavipat rd, Muang


District, Chiangrai 57000, Thailand
Tel: 66-5371-1800 to 11
Web site: http://www.wangcome.com

Figure 4.31: Wang Come Hotel

2. Little duck Hotel (4 Stars)

Address: 199 Phahonyothin Rd., Tumbon Sun Sai, Mueang


Chiang Rai, 57000
Tel: 66-5371-5620-30, 66-2691-5941
http://www.littleduck.co.th
Figure 4.32: Little duck Hotel

3. Wiang Inn Hotel ( 2 Stars )

Address: 893 Phaholyothin Road, Chiangrai


57000 Thailand
Tel: 66-5371-1533 Fax: 66-5371-1877

Figure 4.33: Wiang Inn Hotel


103

4. The Mantrini Boutique Resort ( 3.5 Stars)

Address: 292/13 Moo 13, Robwiang, Muang


District, Chiang Rai 57000Thailand
Tel: (0) 5360 1555-9
Fax: (0) 5360 1560
Web site: www.mantrini.com

Figure 4.34: The Mantrini Boutique Resort

5. Rimkok Resort Hotel ( 3.5 stars)

Address: 6 Moo.4 Chiangrai-Taton rd, Muang


District, Chiangrai,57000
Tel: 66-5371-6445 to 60
Web site: http://www.rimkokresort.com

Figure 4.35: Rimkok Resort Hotel

6. Dusit Island Resort Chiang Rai (4stars)

Address: 1129 Krisonsit rd, Tambon Wiang, Maung District, Chiangrai 57000
Tel: 66-5371-5777 Web site: http://chiangrai.dusit.com

Figure 4.36: Dusit Island Resort Chiang Rai


104

7. Phowadol Resort and Spa (5stars)

Address: 183 Moo.3, Rimkok,


Maung,Chiangrai 57000
Tel: 66-5371-8600
Web site: http://www.phowadol.com
2% commission

Figure 4.37: Phowadol Resort and Spa

8. The Riverhouse Resort and Spa (5stars)

Address: 482 Moo.4, Rimkok, Muang,


Chiangrai 57000, Thailand
Tel: 66-5375-0829 to 34
Web site: http://www.riverhouse-
chiangrai.com

Figure 4.38: Riverhouse Resort and Spa


105

4.1.2 Service Process

I love wedding, we recognize the needs and expectations of customers for


receive high quality products and services. We create environments and product
placement to orderly. Therefore, our employees are courteous and well dressing. They
are smiling and empathy to customers which it can build impresses with the products
and services of I love wedding.

Figure 4.39: Process service

Step of process services

• When a customer comes in the store. Employees welcome and invite


customers to seat at a living table. Then, employee serves drinking water to
customers.
• Employees ask to customers that “What kind of products and services do you
want?” We give the package for customer to choose it.
• To give advice or consulting for customer about products and services in
package when customer is not clear about it.
106

• When customers agree to choose package. Then, customers select bridal


dress, card, and keepsake. Next, employee records information that customer to
order, such as how many, which day the customer to get products.
• Employee asks about the date, time, and place that customer need to pre
wedding photography for appointment. I Love Wedding will send photograph to
customer within 15 days after the date of photography.
• Customers pay a deposit 50 percent of the total sales.
• Prepare products for delivery to customers on date and time. When the
customer gets the products, customers must pay to complete.
• If customers rent bridal dress, customers must take to return within 3 days
after a date that customer to get it. When the bridal dress rend, customers must pay
fine to I Love Wedding.

4.1.3 Location

Location of I Love Wedding is on Superhighway Road, Tambon Wiang,


Amphoe Mueang, Chiang Rai. It located on left hand side and near Chiang Rai wood.

N Maesai
Figure 4.40: Map for location
of I Love Wedding

Chiang Rai
S
The Great Monument
of King Meng Rai

Bangkok Bank

St. Peter hospital

Chiang Rai Wood

PTT Gas Station


107

4.1.4 Facility Layout

• Gate

Gate is length about 2.50 m. and high about 1.50 m. We improve gate
of store by new painting. It uses silver color.

Figure 4.41: Example gate of I Love Wedding

• Car park

We will set for standard size for our car parking; it can park total 3cars in car
parking. We will use metal sheet for car parking roof, and using normal steel towers.
About standard size for 1car, parking is (W) 3m and (H) 6m
108

• Pattern of store building Structure

Store building has 2 floors. It is width about 10 meters, length about 9


meters and high about 5 meters. There is total area about 720 square meters.
First floor, the right side and in front of office building made by glass which is
thick of glass about 5 millimeters. And the door can swing which is made by
glass also. For second floor, in front of office building made by glass which is
thick of glass about 5 millimeters like first floor. Moreover, the other part we
decorated by painting and use some wallpaper.

Height: 5 meters

Wide: 9 meters
109

• Pattern inside of store

First floor

The inside of store divides into 3 parts. First part, there is wide about 7
meters and height about 9 meters. It is the front office. There is counter or cashier.
Therefore, there is living room for contacting and consulting with customers within
store to selective our products and services. Second part, there is kitchen for
employees to have lunch and prepare the beverage and snack to serve with customers.
It is wide about 3 meters and height about 4 meters. In this part, there is restroom for
customers and employees. Third part, this part is dressing room and make up and
hairdo. It is wide about 3 meters and height about 4 meters.
Make up

Dressing Kitchen Rest


room 3 meters

Front office 7 meters

Door

1. Office

Cabinet
Front counter
Dummy
Wardrobe
7 meters
Sofa
Table set
Air Conditioner
Computer Door
110

2. Dressing and make up room

Sofa
Air Conditioner
Cabinet
3 meters
Vanity
Mirror
Door
Curtain

3. Kitchen room

Table set
Refrigerator
Rest
Kitchen sink room
3 meters
Microwave
Sink
Electric stove Door

Ventilator

4. Rest room

Basin
Water closet
Ventilator 2.5 meters
ceiling shower
Toilet paper
Door
111

Second floor

The second floor divides into 4 parts. First part, there is wide about 4 meters
and height about 4 meters. It is the studio. Second part, there is store room for bridal
dress and groom. It is wide about 3 meters and height about 4 meters. Third part, there
is restroom for customers and employees. It is wide about 2.5 meters and height about
1.5 meters. Forth part, this part is graphic room or office for employees to do working.
It is wide about 4 meters and height about 3 meters.

Rest
room 2.5 meters
4 meters Studio

Graphic 4 meters
room
3 meters
Store room

1. Second floor

Cabinet
Sofa
Dummy
112

2. Store room

Wardrobe
Cabinet 3 meters
Door
Ventilator

3. Rest room

Basin
Water closet
Ventilator 2.5 meters
ceiling shower Door
Toilet paper

4. Graphic room

Desk and chair


Computer Door

Air conditioner
4 meters
Cabinet
Sofa
Table set
113

4.1.5 Machine/Tools/Equipment

• Office

- Computer Acer Veriton X270

• Intel PDC E2220 (2.4Ghz)


• Linux, MEM
• 1x1GB DDRII 800
• HDD 320GB SATAII
• SATA-DVD-RW Supermulti Label Flash
• Multi in One Card Reader
• (PS.V740C.007LE )
• Acer LCD 19 inch X193WAbd 5ms,10000:1,DVI (ET.CX3WA.A01 )
• Price with vat 15,300 baht

- Printing HP F2120

• Printing specifications : Print speeds : Black up to 20


ppm ,
• Color up to 14 ppm Paper specifications Paper : (plain,
inkjet, photo, glossy)
• U.S. Letter 8.5” x 11” ,Legal 8.5 x 14 in ,Executive 7.25 x 10.5 in ,5 x 7 in ,8
x 10 in , A4 21 x 29.7 cm ,A5 14.8 x 21 cm
• Scanning specifications : Resolution: up to 1200 x 2400 ppi Maximum scan
size from glass: 8.5 x 11.7 inches (21.59 x 29.718 cm)
• Copying specifications : Digital image processing Makes one copy from
original Copy speeds vary according
• Price 2199 baht

- Office Desk

• Price Desk Size 120 * 60 * 75cm.


• Price 2,500
114

- Chair

• Price 1,680 baht

- Fax-335MCS

• Brother FAX-335MCS fax machine paper roll.


• Auto cut paper (fax, photocopying, answering
machine)
• Modem Speed 14,400 bps
• send a time sheet 10 bit
• memory 512 MB
• Automated calls to 104 numbers.
• Price 5,290 baht

- CASIO DJ-120

• Display size 12 primary


• Tax calculations
• Key rollover
• Check facility
• Price 418 baht

- File cabinet

• Size 80 x40x162
• Price 2,825 baht

- Document file

• Size Wide 46.4 cm deep 61.7 height 132


• Two colors are dark gray and cream color
• Price 3,390 baht
115

- Phone Panasonic KX-T2373MX-W

• Price 1490 baht

- Paper A4

• Photocopying paper: Double A


• Photocopying: 80 Grammy for the photocopying and
printing.
• Quantity: 500 sheets/Dream
• Price 90 baht per pack

- Clip files

• Size 240 x 350 mm


• Price 45 baht

- Lancer Stamp Pad

• Size 7.9x12.6 cm
• Two colors red and blue
• Price 16.25 baht

- Horse Stamp Pad Ink

• Size 28 CC
• Two Colors red and blue
• Price 9 baht
116

- Max Horse HD-10 EW

• Price 60 baht

- Staple Max

• Price 65 baht

- Punch machines

• Price 320 baht

- Scissors

• size 81/2
• Price 75 baht

- Bill spit

• Size 8
• Price 12 baht

- Rotring pencil

• Price 75 baht
117

- Eraser

• Price 3 baht

- STABILO pen

• Size 0.4
• Price 12 baht

- Liquid paper

• Price 50 baht

- Scotch tape

• Size 1x36y
• Price 28 baht

- Plug

• Size 3 M
• Price 250 baht

- Knife

• Size of blade 18 mm
• Price 70 baht
118

- TOBI Electric iron

• Power to 1500 watts.


• Up Right.
• Wrinkle Removing.
• Freshens.
• Use ironing continued up to 30 minutes.
• Ironing quicker and easier to iron 5 times.
• Not make silk And a yellow stain.
• Price 6,990

- Air- Conditioner HITACHI RAS-S24CE

• Air Wall Type


• Size 23700 BTU
• Disinfection of bacteria with light & UV
• Nano Titanium filter discs eliminate bacteria
and odor quickly
• Speed Cool cooling system, accelerate faster
• Silent Cool system noise reduction
• 4-way air distribution system
• Panel cooling large increases in thermal efficiency
• Label low fiber 5
• Warranty 1 year if manufacturing defects
• Price 39,990 baht

- Electrical fan Toshiba DF-45

• Fan Size 16 inch


• Adjust3 level wind
• Adjust high/low
• Price 690 baht
119

- Samsung LCD TV LA32A330J1N

• size 32
• Price 15,990 baht

- Computer Table

• Size 80x60x75 cm.


• Price 2,250 baht

- Male dummy

• Fiber glass
• Remove 2 arms at side
• Price 3,000 baht

-Female dummy

• Fiber glass
• Remove 2 arms at side
• Price 4,000 baht

- TV Table

• Size 80x32x200 cm.


• Walnut color
• Price 3,900 baht
120

- Cabinet

• Size 1.20 m
• Price 1,600 baht

- Sofa Lovely 8046

• Sofa lovely/ Right 1


• Sofa lovely/ Light 1
• Fabric can take off to wash
• Price 11,900

- Needle

• Height 4 cm.
• Number 11
• Price 20 baht per pack

- Pin

• 75 per box
• Price 24 baht

- Line measure

• Price 15 baht
121

- Thread

• Price 29 bath

- Coat hanger

• Wide 16 inches
• Natural wood
• Price 35 baht

- Bag

• Size 22x55
• Price 80 baht

- Table set

• Table size 100x110x74 cm.


• Chair size 43x48x82 cm.
• Three colors brown, black and white
• Price 10,300 baht

- Clothesline

• Number 10 of set
• Price 300 baht
122

- Sofa IVORY

• Size 610x379 cm.


• White color
• Price 7,500 baht

- Set of FUJIKO CCTV

• FK-8880
• FK-NEW204YO
• FK-600
• Price of set 13,500 baht

Honda Jazz 2008 1.5S MT (E20)

- Price 550,000 baht


123

• Kitchen

- Kitchen sink cabinet

• Tea color
• Size 1.50 m
• Price 5,800 baht

- Table set

• Table size 120x75x75 cm


• Chair 42x38x85 cm
• Price 4,800 baht

- Refrigerator Toshiba GR-MG41KD

• 12.4 queue
• Hybrid Guard System consists of the system
• UV Fresh Guard with LED lighting adding to the fresh
food and clean more
• Cool Air Wrap distributed cooling thoroughly
• Hybrid Plasma System eliminates odor and bacteria
• Beautiful art glass panel doors
• Rack glass (Tempered Glass Shelf)
• Design a single Press-handed grip beautiful capture
• Price 17,190 baht
124

- Insolated container of hot water (SANYO EHM981X)

• Containing 2.5 liters


• Can pour water levels
• Easy to use
• Price 680

- Microwave SHARP R-247

• 22 liter
• working with microwave
• Electronic control with a DIGI-ANA that
• Button light shows scheduling a LIGHT-UP DIAL-time visibility
• Set the cooking time from 15 seconds to 30 minutes and choose a heat level 5
• Price 2, 818 baht

- NAGASAKI HP-3006

• To drink hot and cold water


• Cooling with compressor of high quality
• Automatic temperature control system
• Containing water volume
• Electrical short-circuit protection
• Beautiful shape, easily installed
• Price 5,090 baht
125

• Bathroom

- Bathroom door (Super Door DT-A)

• Size 80x200
• Glass frame color
• PVC sash
• Price 2,350 baht

- Injection line 007 CR

• Made from ABS plastic


• Head press made from brass material
• German stainless
• Guarantee for 1 year
• Price 175 baht

-Shower bath

• Made from ABS plastic


• 3 level of shower bath
• German wind and shower line1.20 maters
• Price 165 Baht
126

-Basin NASCO MILANO

• Above lavatory
• Price 855

- Mirror

• Coat white stone


• Glass size 900 x 680 MM.
• Price 850 baht

- Flush toilet NASCO MODANA

• Two piece toilet


• Water saver 6 liter
• Price 1,549 baht
127

4.1.6 Logistics Management

Figure 4.42: The Immediate Supply Chain for an Individual Firm

Logistics is the management of the flow of goods, information and other


resources, including energy and people, between the point of origin and the point of
consumption in order to meet the requirements of consumers. Logistics involves the
integration of information, transportation, inventory, warehousing, material-handling,
and packaging, and occasionally security. Logistics is a channel of the supply chain
which adds the value of time and place utility. Today the complexity of production
logistics can be modeled, analyzed, visualized and optimized by plant simulation
software. (wikipedia, 2009)
Logistics management is that part of the supply chain which plans, implements
and controls the efficient, effective forward and reverse flow and storage of goods,
services and related information between the point of origin and the point of
consumption in order to meet customer & legal requirements. A professional working
in the field of logistics management is called a logistician.

Our products transportation

Bridal dress and Groom suit, we order from Suwannaporn (Phahurat) shop.
Suwannaporn shop is located on Treepetch Road., Wang-burapha-phirom District,
Phranakhon Sub-district, Bangkok.
128

Thai Traditional dress, we order from Phahurat dot com shop. Phahurat dot
com shop is located on Rama IX Road, next to Premire Rama IX, and situated near
express way, Bangkok.
Chinese Traditional dress, we order from Kam Rai Tong shop. The shop is
located on 300/11 Moo1 Wiang pang kum, Mae sai ,Chiang Rai 57130
There are two ways of product transportation as following:
- If order more than five suites, there are a truck to deliver goods to the
store. And their transportation charges by distance.

- In addition if order less than five suites, they will pack products into boxes
and mail to the store. And there is a destination charge as well.

Louis frame and crystal LCD album, we order from Photo Album Shop. Photo
Album Shop is located at19/45 Phrueksatanee 2 Condotel, Soi on Wut 55/2 Prawase
District, Prawase Sub-District, Bangkok.
Wedding invitation cards, we order from Supremeprint Co., LTD.
Supremeprint Co., LTD. is located at 2925 Pattanakan Road, Suan Luang District,
Suan Luang Sub-district, Bangkok.
Keepsakes, we order from IANG HUAT Shop, IANG HUAT Shop is located
at 41 Vanich1 Huamed, Chakkrawat District, Samphantawong Sub-district, Bangkok.
Transportation of these is they will pack products into boxes and mail to the
store. And there is a destination charge as well.
129

4.1.7 Facility Management

Facility Management

1. Studio room

Scene photography
Fire studio set
Chair 4 meters
Tripod camera
Sofa
Door
130

4.1.8 Machine/Tools/Equipment

• Photograph equipment

- Digital camera

• NIKON DSLR D700


• Large image sensor, developed by Nikon;
12.1 effective mega pixels
• Wide sensitivity range
• High-speed performance
• EXPEED image processing
• Scene Recognition System
• Picture Control System
• Active D-Lighting
• AF system with high-density 51-point AF
• Choose from two Live View modes
• DX cropping mode
• High-definition, 3-inch VGA, TFT LCD monitor with wide viewing angle
• Viewfinder provides 95% frame coverage, 0.72x magnification in FX format
• Image Sensor Cleaning
• Built-in flash with wireless commander function
• Engineered durability
• Multi-Power Battery Pack MB-D10 (option)
• Exclusive Wireless Transmitter WT-4/4A (option)
• Fine tuning for AF
• Improved Function button feature
• HDMI output (High-Definition TV) supported
• Info display
• My Menu
• Electronic Virtual Horizon
• View NX/Nikon Transfer image-management software included in Software
Suite CD-ROM
• Price 76,200
131

- Digital camera

• NIKON DSLR D90


• Newly designed Nikon DX-format CMOS
• Image sensor with wide ISO sensitivity range
with low noise
• EXPEED for smooth tones, rich colors and fine
details
• Innovative D-SLR movie function: D-Movie
• Scene Recognition System integrated with Face Detection System
• Easy-to-use Live View mode
• Picture Control System: Customize the visual style of your images
• Active D-Lighting for smooth tone reproduction in high-contrast lighting
• Versatile practical 11-point AF system
• Bright pentaprism viewfinder featuring frame coverage of approx. 96%
Advanced Scene Modes for superior image quality
• Extensive palette of in-camera Retouch Menus
• Engineered for precision and durability
• Price 27,990 bath

- Flash

• NIKON SB-800 AF Speed light


• Compatible with both digital and film SLR cameras;
• Auto flash control is set to match the camera body:
• I-TTL Balanced Fill-Flash control with the D2H, D-TTL Balanced Fill-Flash
control and Auto Aperture Flash (AA) with D1 Series and D100 digital SLR
cameras, and TTL and Non-TTL Auto Flash (A) with film cameras
• Price 14,500 baht

- MEMORY Card

• KINGSTON SD4/HC6GB
• Price 390 baht
132

- Battery

• NIKON MB-D10
• Price 8,500 bathe

- Lens

• Nikon AF Nikkor 24-85mm f/2.8


• It's 3.1" (78mm) around and 3.2" (82mm) long
and weighs 19 oz (545g)
• It has 15 elements in 11 groups. Two of these are
some sort of aspherical elements
• It has a 72mm plastic filter thread, which is a real blunder. You can use a 72-
>77mm step up ring to get it to accept the standard 77mm filters, but it will
vignette a little at the wide end. Otherwise, this lens is not compatible with the
standard 77mm filters used by professional Nikon and Canon lenses.
• It can get to 1/2 life-size in the bothersome macro mode.
• The filter attachment stays put during focusing and zooming. That's good.
• It has a nice nine-bladed diaphragm stopping down to f/22
• Price 19,500 baht

- Scene photography

• Size 3x6 M.
• Fiber cloth
• Not reflect light
• Green color scene 3,500 baht
• Design color scene 4,000 baht
133

- Fire studio set PRISMA PLUS KIT

• Flash PRIMA (800 / W / S) 1 set.


• Flash PRIMA (500 / W / S) 1 set.
• Flash CASA (250 / W / S) 2 set.
• Flash tripod legs 3 at 3 / 2 at 1 leg / arm boom 1
• Octo box size 100cm. 1 and 100x100 1
• Price 47,900 Baht

- Tripod camera FANCIER FT-6101

• Tripod total weight 2260 grams


• Loads up to 3 kg.
• Height straddles the narrow 1400 mm.
• Height straddles the wide 570 mm
• Folding storage size 590 mm.
• Diameter steel tripod size 22 mm.
• Price 1,490 baht
134

4.2 Cost of Investment

4.2.1 Pre- Operating Cost

• Billboard of Company

Figure 4.43: Example of Company’s Billboard

The billboard of company order from the shop of Mr. Somnuek Srisunsay
Moo.4 Phahon Yothin Road, Wieng District, Muang, Chiang Rai. Telephone no. 668-
1672-1802. Type of billboard is stainless and color is silver color. The size of
background for set the font wide is about 1.5 meters and height 4 meters, and
background color is light brown. The Stainless billboard is suitable for big size
billboard and has durable of company’s billboard. The billboard plant by the light
brown and price is 12,000 Baht. The font size use 20 inches, there are 2 sizes include
big font size use 6 words and small font size 6 words. The price of big font size 9,800
Baht and big font size is 5,800 Baht. The logo wide 25 inches and high 35 inches and
the price is 9,800 Baht. Total are equal 37, 400 Baht. The prices are includes service.

• Billboard Tax

Billboard of I Love Wedding Company makes by English font and pays the
fee for set company billboard. Because, the billboard use in the commercial for earn
the revenue. The size of billboard equal wide about 1.5 meters, height 4 meters, wide
multiple height equal to 6 square meters. Then calculate be square centimeter equal
60,000 square centimeters. Calculate the billboard tax. The billboard has all English
font rate 40 Baht/500 square centimeter (60,000 / 500 × 40) equal 4,800 Baht and
135

paying at Robwieng Sub-district Administration Organization and located at 336


Moo.5, Robwieng District, Muang, Chiang Rai 57100. Telephone no. 665-374-2663

Document for registration paying tax

- Copy of Household Registration and personal Identification Card


- VAT Registration
- Certificate
- License to set billboard

• Trayang of Company

Trayang is important to Juristic Person of I


Love Wedding Company Limited in registration
requisition document for Company Limited
Registration and submit at Provincial Department
Figure 4.44: Trayang of Logo
Company of Business Development located in Chiang Rai.
Then, Department of Business Development
Officer will come check the Logo Company for make Trayang to present a privilege
company limited to seal a document in company style. Trayang order from Phong-
Trayang Shop. Phong-trayang Shop is located at 156/20 Ratchasak, Bamrungmuang
Road, Samratchratch District, Phranakhon Sub-District, Bangkok 10200, Telephone
no. 662-222-0379, Fax 662-222-0379, Web site: (www.phong-trayang.com) The size
of Trayang is 2×4 cm. the price is 150 Baht and transport by EMS 50 Baht.

• Registration

• Juristic Person Registration

- Company Limited Registration


Submit the name’s company is I Love Wedding for determine not same as the
name reserved other companies
136

Information used to register as follows:

1. Documents for register (55 Baht and)


2. Company’s name (the same as the name reserved)
3. Location’s office (located at province)
4. Objective of the company
5. Registered capital must be divided into each share with the same value
6. Name, address, age, occupation and number of shares those people who
start up the company reserve to buy the shares
7. Name, address, age of 2 witnesses

* Complete registration process and rate for investment will show in Appendix

- Description for investment

Company is located at 327/2 Moo.12, Rob-Wieng District, Muang,


Chiang Rai 5700. The capital investment is 2,000,000 Baht, No. of stock is
20,000 stock and value is 100/per stock

Shareholder as follows:

1. Miss Chalermkwan Ramlukkhunpattapee, 22 years old, Thai Nationality


Address: 376 Moo.5, Phongngam District, Maesai, Chiangrai 57130
Capital Investment: 400,000 Baht = 40 percentage and hold 4,000 stocks
2. Miss Supattra Luelert, 22 years old, Thai Nationality
Address: 38/1 Moo.9, Pangae District, Padad, Chiang Rai 57190
Capital Investment: 400,000 Baht = 40 percentage and hold 4,000 stocks
3. Miss Jiranun Maitreetaweenithi, 22 years old, Thai Nationality
Address: 38 Moo.2 Maerai Maechan Chiangrai 57240
Capital Investment: 400,000 Baht = 40 percentage and hold 4,000 stocks
4. Miss Patchra Yamcharoen, 21 years old, Thai Nationality
Address: 199/4 Moo.1, Weang Pang Khum District, Maesai, Chiang Rai
57130
137

Capital Investment: 400,000 Baht = 40 percentage and hold 4,000 stocks


5. Mr.Santisuk Yodrak, 21 years old, Thai Nationality.
Address: 148/88 Moo.1, Theprarak District, Muang, Samutprakan 10270.
Capital Investment: 400,000 Baht = 40 percentage and hold 4,000 stocks

The total capital investment is 2,000,000 Baht, No. of stock is 20,000 stock
value is 100/per stock

- Benefit from investment


Benefit from this investment come from hold stock of I Loving Wedding.
Result of hold stock has effect to annual dividends which come from Net income.
I Love wedding will divide the profit into 3 parts. The first part is for investor
about 30 percentages until full repayment debt, the second part is for investment
in next year for 35 percent and the second is another 35 percentage for 5
shareholders (35 percentages for shareholders will be divided in the

proportionality from shareholders a person).

*Ps. About benefit may change every time due to I Love Wedding full
repayment debt.

- Objective
For establish I Love Wedding is Company Limited toward the business
market and co-investment & administration in wedding business at 327/2
Moo.12, Rob-Wieng District, Muang, Chiang Rai 5700.

- Sign’s name of Shareholders

1. Miss Chalermkwan Ramlukkhunpattapee


2. Miss Supattra Luelert
3. Miss Jiranun Maitreetaweenithi
4. Miss Patchra Yamcharoen
5. Mr. Santisuk Yodrak
138

I Love Wedding must to paying the total of Company Limited Registration


Fee about 11,055 Baht

Table 4.1: Cost of Investment

No.
No Descript Price/Unit Total
Product
1 Billboard 1 12,000 12,000
2 Font 12 15,600 15,600
3 Logo 1 9,800 9,800
4 Billboard Tax 1 4,800 4,800
5 Trayang 1 200 200
6 Company Limited Registration 1 11,055 11,055
Total 53,455

• Cost of transparent mirror

- First floor of I Love Wedding store

In front of store
- (9m. x 2.5 m) = 22.5m ~ 73.8 feet
- Door swing (1m x 2m) = 2 m ~ 6.56 feet
- Total size of transparent mirror in front of store is (73.8feet-6.56feet) = 67.24feet
Cost is 67.24 feet x 200/feet = 13,448baht

In side of store
-10m x 2.5m = 25m ~ 82 feet
Cost is 82feet x 200/feer = 16,400 baht
Total cost of transparent mirror in first is (13,448+16,400) = 29,848 baht
139

- Second floor of I Love wedding store

In front of store
- 9 m x 2.5 m = 22.5 m ~ 73.8 feet x 200/feet = 14,760 baht

In side of store
- 10 m x 2.5 m = 25 m ~ 82 feet x 200/feet = 16,400 baht
Total cost of transparent mirror in second floor is (14,760+16,400) = 31,160 baht
Total cost of transparent mirror is (29,848+31,160) = 61,008baht

• Cost of Swing Door

1 m x 2 m = 5,500 baht

• Cost of mirror

1. Size 6 feet x 3 feet = 18 feet


Price of mirror/1feet = 80 baht (thick = 5Mm.)
Price of polish mirror/1feet = 50 baht
Total cost of mirror is (18 x 80) + (18 x50) = 2,340 baht
2. Size 6 feet x 5 feet = 30 feet
Price of mirror/1feet= 80baht
Total cost of mirror is (30 x 80) = 2,400 baht
Total cost of mirror is (2,340+2,400) = 4,740 baht

• Internet and Telephone setting cost (Free)

Follow form the promotion during January 2010 of TOT that provide setting
internet price free for the place that distance not far more than 300 meters from
Internet broadcasting facility to place that will setting internet.
140

• Air conditioner setting cost (Free)

From sale promotion during January 2010 of Air conditioner, the store will
give free about setting price, cut out, air pipe long 5meters, and electric wire 5 meters.

• Cost of wardrobe

Our store’s wardrobe made by Plywood with the nature mountain pattern
Size is (H) 2 m x (L) 4 m x (W) 0.6 m
Total cost of Plywood + transparent mirror is 40,000baht x 3item
= 120,000baht
*Remark: Free (Stan late Clothes-line, paint, and setting expense)

• Cost of car parking

We will set for standard size for our car parking; it can park total 3cars in car
parking. We will use metal sheet for car parking roof, and using normal steel towers.
About standard size for 1car, parking is (W) 3m and (H) 6m
3 car parking is (3m x3 car unit) x 6m = 54 square meters
Cost of steel towers = 4,824 baht
Cost of metal sheet roof = 8,900 baht
Labor cost = 30,000 baht
Total cost of car parking = 43,724 baht

Figure 4.45 Equipment for Car parking

Steel towers Metal sheet roof Store in Bandu, Chiang Rai


141

• Cost of setting security cameras

Electric wire (50m x 8baht) = 400 baht


Setting service cost (2unit x 500 baht) = 1,000 baht
Total cost of setting security cameras = 1,400 baht

• Cost of Decoration

- Blinds

2.5 Square centimeters.

Figure 4.46 Decoration

Inside the shop use the two tone color blinds. The colors of blinds include
white and gold blinds. The shop is using 4 amounts. The prices of blinds are 14,000
Baht )3,500 Baht/per mount(. The blinds order from Mangraicurtain shop, located at
144/5 Moo.1 Phahonyothin Road, Ban Du District, Chiang Rai. Telephone no. 665-
370-2689, Mobile phone 668-1952-3988
142

- Wallpaper

Figure 4.47 Decoration

Light pink mix gold wallpaper Gold wallpaper White wallpaper

Wall inside the shop use wallpaper instead painting. The wallpaper use color
light pink mixed with gold line for the shop has brightness. The background that
presents the dummy use gold wallpaper. And wallpaper for ceiling use while color
The prices of wallpaper are 11,900 Baht )700 Baht/per roll(, and a price of wallpaper
for ceiling is 9,800 Baht) 700 Baht/per roll(. Wallpaper order from Mangraicurtain
shop, located at 144/5 Moo.1, Phahonyothin Road, Ban Du District, Chiang Rai.
Telephone no. 665-370-2689, Mobile phone 668-1952-3988

- Tile

Figure 4.48 Decoration

The tile of shop use cream color. The size of tile 60×60 centimeter and price
of tile is 155,554 Baht )287 Baht/per box( include service. The tile order from Home
Pro Chiang Mai is located at 94 Moo.4 Chiang Mai-Lampang Road, Nongpakhrang
District, Muang, Chiang Mai 50000. Telephone no. 665-385-1229, Fax 665-386-1232
143

- Paints for building

Butter Milk Orchid white

Figure 4.49 Decoration


The outside building painting by Delight
paints under the Beger brand. The shade of paint selects the Butter milk paint and cut
the Orchid white paint for paints the wall outside. The order from Homemart Chiang
Rai, locate at 141 Moo.25, Robwieng District, Muang, Chiang Rai. Telephone no. is
665-371-1523, 665-371-2027 or 665-371-3187. The price of paints includes the paint
and service for paint is 44,260 for 400 square meters.

Table 4.2: Cost of Decoration

No Descript No. Product Price/Unit Total


1 Blinds 4 3,500 14,000
2 Wallpaper 17 700 11,900
3 Tile + Service 542 287 155,554
4 Paints + Service 2 44,260 44,260
Total 225,714
144

4.3 Investment Cost

4.3.1 Equipments & Tools

Table 4.3: Total of office element

No Description No. Product Price/Unit Total


1 Computer 3 15,300 45,900
2 Printing 1 2,199 2,199
3 Office desk 3 2,500 7,500
4 Chair 6 1,680 10,080
5 Fax 1 5,290 5,290
6 File cabinet 2 2,825 5,650
7 Document file 1 3,390 3,390
8 Phone 2 1,490 2,980
9 Electric iron 1 6,990 6,990
10 Air 2 39,990 79,980
11 Electrical fan 2 690 1,380
12 TV 1 15,990 15,990
13 Computer table 3 2,250 6,750
14 Male dummy 4 3,500 14,000
15 Female dummy 4 4,000 16,000
16 TV table 1 3,900 3,900
17 Cabinet 1 1,600 1,600
18 Sofa 1 11,900 11,900
19 Needle 10 20 200
20 Pin 5 24 120
21 Line measure 5 15 75
22 Thread 10 29 290
23 Coat hanger 500 35 17,500
24 Bag 500 80 40,000
25 Table set 1 10,300 10,300
145

26 Clothesline 10 300 3,000


27 Sofa IVORY 3 7,500 22,500
28 Set of Fujiko CCTV 1 13,500 13,500
29 Set of counter 1 24,156 24,156
30 HONDA JAZZ 1 550,000 550,000
Total 923,120

Table 4.4: Total of kitchen equipments

No.
No. Descript Price/Unit Total
Product
1 Kitchen sink cabinet 1 5,800 5,800
2 Table set 1 4,800 4,800
3 Refrigerator Toshiba 1 17,190 17,190
4 Insolated container of hot water 1 680 680
5 Microwave 1 2, 818 2, 818
6 NAGASAKI HP 1 5,090 5,090
Total 33,560

Table 4.5: Total of bathroom equipment

No. Descript No. Product Price/Unit Total


1 Bathroom door 1 2,350 2,350
2 Injection line 1 175 175
3 Shower bath 1 165 165
4 Basin 1 855 855
5 Mirror set 1 850 850
6 Flush toilet 1 1,549 1,549
Total 5,944
146

Table 4.6: Total Photograph equipment

No.
No. Descript Price/Unit Total
Product
Digital camera NIKON DSLR
1 1 76,200 76,200
D700
Digital camera NIKON DSLR
2 2 27,990 55,980
D90
3 Flash 3 14,500 43,500
4 Memory card 3 390 1,170
5 Battery 3 8,500 25,500
6 Lens 3 19,500 58,500
7 Green color scene 1 3,500 3,500
Design color scene 3 4,000 12,000
8 Fire studio set 1 47,900 47,900
9 Tripod camera 3 1,490 4,470
Totals 328,720

Table 4.7: Total Dressing room element

No Descript No. Product Price/Unit Total


1 Mirror 1 2,340 3,510
2 Electric hair dryer 1 2,290 2,290
3 Curtain 1 3,500 3,500
4 Chair 1 3,200 490
5 Clothesline 1 300 300
Total 10,090
147

4.3.2 Depreciation

Table 4.8: Total Depreciation Year 2010

Operating

Photograph equipments Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Digital camera NIKON DSLR D700 76,200 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 15,240
Digital camera NIKON DSLR D90 55,980 933 933 933 933 933 933 933 933 933 933 933 933 11,196
Flash 43,500 725 725 725 725 725 725 725 725 725 725 725 725 8,700
Memory card 1,170 20 20 20 20 20 20 20 20 20 20 20 20 234
Battery 25,500 425 425 425 425 425 425 425 425 425 425 425 425 5,100
Lens 58,500 975 975 975 975 975 975 975 975 975 975 975 975 11,700
Green color scene 3,500 58 58 58 58 58 58 58 58 58 58 58 58 700
Design color scene 12,000 200 200 200 200 200 200 200 200 200 200 200 200 2,400
Fire studio set 47,900 798 798 798 798 798 798 798 798 798 798 798 798 9,580
Tripod camera 4,470 75 75 75 75 75 75 75 75 75 75 75 75 894
Total 328,720 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 65,744

Dressing room Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Mirror 3,510 59 59 59 59 59 59 59 59 59 59 59 59 702
Electric hair dryer 2,290 38 38 38 38 38 38 38 38 38 38 38 38 458
Curtain 3,500 58 58 58 58 58 58 58 58 58 58 58 58 700
Chair 490 8 8 8 8 8 8 8 8 8 8 8 8 98
Clothesline 300 5 5 5 5 5 5 5 5 5 5 5 5 60
Total 10,090 168 168 168 168 168 168 168 168 168 168 168 168 2,018

car Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
HONDA JAZZ 550,000 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 110,000
Total 550,000 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 110,000

Total operating depreciation 888,810 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 177,762
148

Administration

Pre - investment cost Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Billboard 12,000 200 200 200 200 200 200 200 200 200 200 200 200 2,400
Font 15,600 260 260 260 260 260 260 260 260 260 260 260 260 3,120
Logo 9,800 163 163 163 163 163 163 163 163 163 163 163 163 1,960
Transparent mirror 61,008 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 12,202
Swing Door 5,500 92 92 92 92 92 92 92 92 92 92 92 92 1,100
Mirror 4,740 79 79 79 79 79 79 79 79 79 79 79 79 948
wardrobe 120,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000
Car parking 43,724 729 729 729 729 729 729 729 729 729 729 729 729 8,745
Blinds 14,000 233 233 233 233 233 233 233 233 233 233 233 233 2,800
Wallpaper 11,900 198 198 198 198 198 198 198 198 198 198 198 198 2,380
Tile + Service 155,554 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 31,111
Paints + Service 44,260 738 738 738 738 738 738 738 738 738 738 738 738 8,852
Total 498,086 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 99,617

Office Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Computer 45,900 1,275 1,275 1,275 1,275 1,275 1,275 1,275 1,275 1,275 1,275 1,275 1,275 15,300
Printing 2,199 37 37 37 37 37 37 37 37 37 37 37 37 440
Office desk 7,500 125 125 125 125 125 125 125 125 125 125 125 125 1,500
Chair 10,080 168 168 168 168 168 168 168 168 168 168 168 168 2,016
Fax 5,290 88 88 88 88 88 88 88 88 88 88 88 88 1,058
File cabinet 5,650 94 94 94 94 94 94 94 94 94 94 94 94 1,130
Document file 3,390 57 57 57 57 57 57 57 57 57 57 57 57 678
Phone 2,980 50 50 50 50 50 50 50 50 50 50 50 50 596
Electric iron 6,990 117 117 117 117 117 117 117 117 117 117 117 117 1,398
Air 79,980 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 15,996
Electrical fan 1,380 23 23 23 23 23 23 23 23 23 23 23 23 276
TV 15,990 267 267 267 267 267 267 267 267 267 267 267 267 3,198
Computer table 6,750 113 113 113 113 113 113 113 113 113 113 113 113 1,350
Male dummy 14,000 233 233 233 233 233 233 233 233 233 233 233 233 2,800
Female dummy 16,000 267 267 267 267 267 267 267 267 267 267 267 267 3,200
TV table 3,900 65 65 65 65 65 65 65 65 65 65 65 65 780
Cabinet 1,600 27 27 27 27 27 27 27 27 27 27 27 27 320
Sofa 11,900 198 198 198 198 198 198 198 198 198 198 198 198 2,380
Needle 200 3 3 3 3 3 3 3 3 3 3 3 3 40
Pin 120 2 2 2 2 2 2 2 2 2 2 2 2 24
Line measure 75 1 1 1 1 1 1 1 1 1 1 1 1 15
Thread 290 5 5 5 5 5 5 5 5 5 5 5 5 58
Coat hanger 17,500 292 292 292 292 292 292 292 292 292 292 292 292 3,500
Bag 40,000 667 667 667 667 667 667 667 667 667 667 667 667 8,000
Table set 10,300 172 172 172 172 172 172 172 172 172 172 172 172 2,060
Clothesline 3,000 50 50 50 50 50 50 50 50 50 50 50 50 600
Sofa IVORY 22,500 375 375 375 375 375 375 375 375 375 375 375 375 4,500
Set of Fujiko CCTV 13,500 225 225 225 225 225 225 225 225 225 225 225 225 2,700
Set of counter 24,156 403 403 403 403 403 403 403 403 403 403 403 403 4,831
Total 373,120 6,729 6,729 6,729 6,729 6,729 6,729 6,729 6,729 6,729 6,729 6,729 6,729 80,744
149

Kitchen Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Kitchen sink cabinet 5,800 97 97 97 97 97 97 97 97 97 97 97 97 1,160
Table set 4,800 80 80 80 80 80 80 80 80 80 80 80 80 960
Refrigerator Toshiba 17,190 287 287 287 287 287 287 287 287 287 287 287 287 3,438
Insolated container of hot water 680 11 11 11 11 11 11 11 11 11 11 11 11 136
Microwave 2818 47 47 47 47 47 47 47 47 47 47 47 47 564
NAGASAKI HP 5,090 85 85 85 85 85 85 85 85 85 85 85 85 1,018
Total 36,378 606 606 606 606 606 606 606 606 606 606 606 606 7,276

Restroom Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bathroom door 2,350 39 39 39 39 39 39 39 39 39 39 39 39 470
Injection line 175 3 3 3 3 3 3 3 3 3 3 3 3 35
Shower bath 165 3 3 3 3 3 3 3 3 3 3 3 3 33
Basin 855 14 14 14 14 14 14 14 14 14 14 14 14 171
Mirror set 850 14 14 14 14 14 14 14 14 14 14 14 14 170
Flush toilet 1,549 26 26 26 26 26 26 26 26 26 26 26 26 310
Total 5,944 99 99 99 99 99 99 99 99 99 99 99 99 1,189

Total admin depreciation 913,528 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 188,826
150

Table 4.9: Total Depreciation Year 2011

Operating

Photograph equipments Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Digital camera NIKON DSLR D700 60,960 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 15,240
Digital camera NIKON DSLR D90 44,784 933 933 933 933 933 933 933 933 933 933 933 933 11,196
Flash 34,800 725 725 725 725 725 725 725 725 725 725 725 725 8,700
Memory card 936 20 20 20 20 20 20 20 20 20 20 20 20 234
Battery 20,400 425 425 425 425 425 425 425 425 425 425 425 425 5,100
Lens 46,800 975 975 975 975 975 975 975 975 975 975 975 975 11,700
Green color scene 2,800 58 58 58 58 58 58 58 58 58 58 58 58 700
Design color scene 9,600 200 200 200 200 200 200 200 200 200 200 200 200 2,400
Fire studio set 38,320 798 798 798 798 798 798 798 798 798 798 798 798 9,580
Tripod camera 3,576 75 75 75 75 75 75 75 75 75 75 75 75 894
Total 262,976 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 65,744

Dressing room Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Mirror 2,808 59 59 59 59 59 59 59 59 59 59 59 59 702
Electric hair dryer 1,832 38 38 38 38 38 38 38 38 38 38 38 38 458
Curtain 2,800 58 58 58 58 58 58 58 58 58 58 58 58 700
Chair 392 8 8 8 8 8 8 8 8 8 8 8 8 98
Clothesline 240 5 5 5 5 5 5 5 5 5 5 5 5 60
Total 8,072 168 168 168 168 168 168 168 168 168 168 168 168 2,018

car Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
HONDA JAZZ 440,000 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 110,000
Total 440,000 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 110,000

Total operating depreciation 711,048 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 177,762
151

Administration

Pre - investment cost Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Billboard 9,600 200 200 200 200 200 200 200 200 200 200 200 200 2,400
Font 12,480 260 260 260 260 260 260 260 260 260 260 260 260 3,120
Logo 7,840 163 163 163 163 163 163 163 163 163 163 163 163 1,960
Transparent mirror 48,806 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 12,202
Swing Door 4,400 92 92 92 92 92 92 92 92 92 92 92 92 1,100
Mirror 3,792 79 79 79 79 79 79 79 79 79 79 79 79 948
wardrobe 96,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000
Car parking 34,979 729 729 729 729 729 729 729 729 729 729 729 729 8,745
Blinds 11,200 233 233 233 233 233 233 233 233 233 233 233 233 2,800
Wallpaper 9,520 198 198 198 198 198 198 198 198 198 198 198 198 2,380
Tile + Service 124,443 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 31,111
Paints + Service 35,408 738 738 738 738 738 738 738 738 738 738 738 738 8,852
Total 398,469 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 99,617

Office Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Computer 30,600 1,275 1,275 1,275 1,275 1,275 1,275 1,275 1,275 1,275 1,275 1,275 1,275 15,300
Printing 1,759 37 37 37 37 37 37 37 37 37 37 37 37 440
Office desk 6,000 125 125 125 125 125 125 125 125 125 125 125 125 1,500
Chair 8,064 168 168 168 168 168 168 168 168 168 168 168 168 2,016
Fax 4,232 88 88 88 88 88 88 88 88 88 88 88 88 1,058
File cabinet 4,520 94 94 94 94 94 94 94 94 94 94 94 94 1,130
Document file 2,712 57 57 57 57 57 57 57 57 57 57 57 57 678
Phone 2,384 50 50 50 50 50 50 50 50 50 50 50 50 596
Electric iron 5,592 117 117 117 117 117 117 117 117 117 117 117 117 1,398
Air 63,984 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 15,996
Electrical fan 1,104 23 23 23 23 23 23 23 23 23 23 23 23 276
TV 12,792 267 267 267 267 267 267 267 267 267 267 267 267 3,198
Computer table 5,400 113 113 113 113 113 113 113 113 113 113 113 113 1,350
Male dummy 11,200 233 233 233 233 233 233 233 233 233 233 233 233 2,800
Female dummy 12,800 267 267 267 267 267 267 267 267 267 267 267 267 3,200
TV table 3,120 65 65 65 65 65 65 65 65 65 65 65 65 780
Cabinet 1,280 27 27 27 27 27 27 27 27 27 27 27 27 320
Sofa 9,520 198 198 198 198 198 198 198 198 198 198 198 198 2,380
Needle 160 3 3 3 3 3 3 3 3 3 3 3 3 40
Pin 96 2 2 2 2 2 2 2 2 2 2 2 2 24
Line measure 60 1 1 1 1 1 1 1 1 1 1 1 1 15
Thread 232 5 5 5 5 5 5 5 5 5 5 5 5 58
Coat hanger 14,000 292 292 292 292 292 292 292 292 292 292 292 292 3,500
Bag 32,000 667 667 667 667 667 667 667 667 667 667 667 667 8,000
Table set 8,240 172 172 172 172 172 172 172 172 172 172 172 172 2,060
Clothesline 2,400 50 50 50 50 50 50 50 50 50 50 50 50 600
Sofa IVORY 18,000 375 375 375 375 375 375 375 375 375 375 375 375 4,500
Set of Fujiko CCTV 10,800 225 225 225 225 225 225 225 225 225 225 225 225 2,700
Set of counter 19,325 403 403 403 403 403 403 403 403 403 403 403 403 4,831
Total 292,376 6,729 6,729 6,729 6,729 6,729 6,729 6,729 6,729 6,729 6,729 6,729 6,729 80,744
152

Kitchen Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Kitchen sink cabinet 4,640 97 97 97 97 97 97 97 97 97 97 97 97 1,160
Table set 3,840 80 80 80 80 80 80 80 80 80 80 80 80 960
Refrigerator Toshiba 13,752 287 287 287 287 287 287 287 287 287 287 287 287 3,438
Insolated container of hot water 544 11 11 11 11 11 11 11 11 11 11 11 11 136
Microwave 2,254 47 47 47 47 47 47 47 47 47 47 47 47 564
NAGASAKI HP 4,072 85 85 85 85 85 85 85 85 85 85 85 85 1,018
Total 29,102 606 606 606 606 606 606 606 606 606 606 606 606 7,276

Restroom Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bathroom door 1,880 39 39 39 39 39 39 39 39 39 39 39 39 470
Injection line 140 3 3 3 3 3 3 3 3 3 3 3 3 35
Shower bath 132 3 3 3 3 3 3 3 3 3 3 3 3 33
Basin 684 14 14 14 14 14 14 14 14 14 14 14 14 171
Mirror set 680 14 14 14 14 14 14 14 14 14 14 14 14 170
Flush toilet 1,239 26 26 26 26 26 26 26 26 26 26 26 26 310
Total 4,755 99 99 99 99 99 99 99 99 99 99 99 99 1,189

Total admin depreciation 724,702 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 188,826
153

Table 4.10: Total Depreciation Year 2012

Operating

Photograph equipments Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Digital camera NIKON DSLR D700 45,720 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 15,240
Digital camera NIKON DSLR D90 33,588 933 933 933 933 933 933 933 933 933 933 933 933 11,196
Flash 26,100 725 725 725 725 725 725 725 725 725 725 725 725 8,700
Memory card 702 20 20 20 20 20 20 20 20 20 20 20 20 234
Battery 15,300 425 425 425 425 425 425 425 425 425 425 425 425 5,100
Lens 35,100 975 975 975 975 975 975 975 975 975 975 975 975 11,700
Green color scene 2,100 58 58 58 58 58 58 58 58 58 58 58 58 700
Design color scene 7,200 200 200 200 200 200 200 200 200 200 200 200 200 2,400
Fire studio set 28,740 798 798 798 798 798 798 798 798 798 798 798 798 9,580
Tripod camera 2,682 75 75 75 75 75 75 75 75 75 75 75 75 894
Total 197,232 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 65,744

Dressing room Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Mirror 2,106 59 59 59 59 59 59 59 59 59 59 59 59 702
Electric hair dryer 1,374 38 38 38 38 38 38 38 38 38 38 38 38 458
Curtain 2,100 58 58 58 58 58 58 58 58 58 58 58 58 700
Chair 294 8 8 8 8 8 8 8 8 8 8 8 8 98
Clothesline 180 5 5 5 5 5 5 5 5 5 5 5 5 60
Total 6,054 168 168 168 168 168 168 168 168 168 168 168 168 2,018

car Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
HONDA JAZZ 330,000 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 110,000
Total 330,000 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 110,000

Total operating depreciation 533,286 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 177,762
154

Kitchen Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Kitchen sink cabinet 3,480 97 97 97 97 97 97 97 97 97 97 97 97 1,160
Table set 2,880 80 80 80 80 80 80 80 80 80 80 80 80 960
Refrigerator Toshiba 10,314 287 287 287 287 287 287 287 287 287 287 287 287 3,438
Insolated container of hot water 408 11 11 11 11 11 11 11 11 11 11 11 11 136
Microwave 1,691 47 47 47 47 47 47 47 47 47 47 47 47 564
NAGASAKI HP 3,054 85 85 85 85 85 85 85 85 85 85 85 85 1,018
Total 21,827 606 606 606 606 606 606 606 606 606 606 606 606 7,276

Restroom Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bathroom door 1,410 39 39 39 39 39 39 39 39 39 39 39 39 470
Injection line 105 3 3 3 3 3 3 3 3 3 3 3 3 35
Shower bath 99 3 3 3 3 3 3 3 3 3 3 3 3 33
Basin 513 14 14 14 14 14 14 14 14 14 14 14 14 171
Mirror set 510 14 14 14 14 14 14 14 14 14 14 14 14 170
Flush toilet 929 26 26 26 26 26 26 26 26 26 26 26 26 310
Total 3,566 99 99 99 99 99 99 99 99 99 99 99 99 1,189

Total admin depreciation 535,877 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 15,735 188,826
155

Table 4.11: Total Depreciation Year 2013

Operating

Photograph equipments Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Digital camera NIKON DSLR D700 30,480 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 15,240
Digital camera NIKON DSLR D90 22,392 933 933 933 933 933 933 933 933 933 933 933 933 11,196
Flash 17,400 725 725 725 725 725 725 725 725 725 725 725 725 8,700
Memory card 468 20 20 20 20 20 20 20 20 20 20 20 20 234
Battery 10,200 425 425 425 425 425 425 425 425 425 425 425 425 5,100
Lens 23,400 975 975 975 975 975 975 975 975 975 975 975 975 11,700
Green color scene 1,400 58 58 58 58 58 58 58 58 58 58 58 58 700
Design color scene 4,800 200 200 200 200 200 200 200 200 200 200 200 200 2,400
Fire studio set 19,160 798 798 798 798 798 798 798 798 798 798 798 798 9,580
Tripod camera 1,788 75 75 75 75 75 75 75 75 75 75 75 75 894
Total 131,488 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 65,744

Dressing room Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Mirror 1,404 59 59 59 59 59 59 59 59 59 59 59 59 702
Electric hair dryer 916 38 38 38 38 38 38 38 38 38 38 38 38 458
Curtain 1,400 58 58 58 58 58 58 58 58 58 58 58 58 700
Chair 196 8 8 8 8 8 8 8 8 8 8 8 8 98
Clothesline 120 5 5 5 5 5 5 5 5 5 5 5 5 60
Total 4,036 168 168 168 168 168 168 168 168 168 168 168 168 2,018

car Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
HONDA JAZZ 220,000 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 110,000
Total 220,000 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 110,000

Total operating depreciation 355,524 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 177,762
156

Kitchen Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Kitchen sink cabinet 2,320 97 97 97 97 97 97 97 97 97 97 97 97 1,160
Table set 1,920 80 80 80 80 80 80 80 80 80 80 80 80 960
Refrigerator Toshiba 6,876 287 287 287 287 287 287 287 287 287 287 287 287 3,438
Insolated container of hot water 272 11 11 11 11 11 11 11 11 11 11 11 11 136
Microwave 1,127 47 47 47 47 47 47 47 47 47 47 47 47 564
NAGASAKI HP 2,036 85 85 85 85 85 85 85 85 85 85 85 85 1,018
Total 14,551 606 606 606 606 606 606 606 606 606 606 606 606 7,276

Restroom Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bathroom door 940 39 39 39 39 39 39 39 39 39 39 39 39 470
Injection line 70 3 3 3 3 3 3 3 3 3 3 3 3 35
Shower bath 66 3 3 3 3 3 3 3 3 3 3 3 3 33
Basin 342 14 14 14 14 14 14 14 14 14 14 14 14 171
Mirror set 340 14 14 14 14 14 14 14 14 14 14 14 14 170
Flush toilet 620 26 26 26 26 26 26 26 26 26 26 26 26 310
Total 2,378 99 99 99 99 99 99 99 99 99 99 99 99 1,189

Total admin depreciation 347,051 14,460 14,460 14,460 14,460 14,460 14,460 14,460 14,460 14,460 14,460 14,460 14,460 173,526
157

Table 4.12: Total Depreciation Year 2014

Operating

Photograph equipments Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Digital camera NIKON DSLR D700 15,240 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 1,270 15,240
Digital camera NIKON DSLR D90 11,196 933 933 933 933 933 933 933 933 933 933 933 933 11,196
Flash 8,700 725 725 725 725 725 725 725 725 725 725 725 725 8,700
Memory card 234 20 20 20 20 20 20 20 20 20 20 20 20 234
Battery 5,100 425 425 425 425 425 425 425 425 425 425 425 425 5,100
Lens 11,700 975 975 975 975 975 975 975 975 975 975 975 975 11,700
Green color scene 700 58 58 58 58 58 58 58 58 58 58 58 58 700
Design color scene 2,400 200 200 200 200 200 200 200 200 200 200 200 200 2,400
Fire studio set 9,580 798 798 798 798 798 798 798 798 798 798 798 798 9,580
Tripod camera 894 75 75 75 75 75 75 75 75 75 75 75 75 894
Total 65,744 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 5,479 65,744

Dressing room Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Mirror 702 59 59 59 59 59 59 59 59 59 59 59 59 702
Electric hair dryer 458 38 38 38 38 38 38 38 38 38 38 38 38 458
Curtain 700 58 58 58 58 58 58 58 58 58 58 58 58 700
Chair 98 8 8 8 8 8 8 8 8 8 8 8 8 98
Clothesline 60 5 5 5 5 5 5 5 5 5 5 5 5 60
Total 2,018 168 168 168 168 168 168 168 168 168 168 168 168 2,018

car Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
HONDA JAZZ 110,000 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 110,000
Total 110,000 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 110,000

Total operating depreciation 177,762 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 14,814 177,762
158

Administration

Pre - investment cost Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Billboard 2,400 200 200 200 200 200 200 200 200 200 200 200 200 2,400
Font 3,120 260 260 260 260 260 260 260 260 260 260 260 260 3,120
Logo 1,960 163 163 163 163 163 163 163 163 163 163 163 163 1,960
Transparent mirror 12,202 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 1,017 12,202
Swing Door 1,100 92 92 92 92 92 92 92 92 92 92 92 92 1,100
Mirror 948 79 79 79 79 79 79 79 79 79 79 79 79 948
wardrobe 24,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000
Car parking 8,745 729 729 729 729 729 729 729 729 729 729 729 729 8,745
Blinds 2,800 233 233 233 233 233 233 233 233 233 233 233 233 2,800
Wallpaper 2,380 198 198 198 198 198 198 198 198 198 198 198 198 2,380
Tile + Service 31,111 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 2,593 31,111
Paints + Service 8,852 738 738 738 738 738 738 738 738 738 738 738 738 8,852
Total 99,617 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 8,301 99,617

Office Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Computer 0 0 0 0 0 0 0 0 0 0 0 0 0 -
Printing 440 37 37 37 37 37 37 37 37 37 37 37 37 440
Office desk 1,500 125 125 125 125 125 125 125 125 125 125 125 125 1,500
Chair 2,016 168 168 168 168 168 168 168 168 168 168 168 168 2,016
Fax 1,058 88 88 88 88 88 88 88 88 88 88 88 88 1,058
File cabinet 1,130 94 94 94 94 94 94 94 94 94 94 94 94 1,130
Document file 678 57 57 57 57 57 57 57 57 57 57 57 57 678
Phone 596 50 50 50 50 50 50 50 50 50 50 50 50 596
Electric iron 1,398 117 117 117 117 117 117 117 117 117 117 117 117 1,398
Air 15,996 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 1,333 15,996
Electrical fan 276 23 23 23 23 23 23 23 23 23 23 23 23 276
TV 3,198 267 267 267 267 267 267 267 267 267 267 267 267 3,198
Computer table 1,350 113 113 113 113 113 113 113 113 113 113 113 113 1,350
Male dummy 2,800 233 233 233 233 233 233 233 233 233 233 233 233 2,800
Female dummy 3,200 267 267 267 267 267 267 267 267 267 267 267 267 3,200
TV table 780 65 65 65 65 65 65 65 65 65 65 65 65 780
Cabinet 320 27 27 27 27 27 27 27 27 27 27 27 27 320
Sofa 2,380 198 198 198 198 198 198 198 198 198 198 198 198 2,380
Needle 40 3 3 3 3 3 3 3 3 3 3 3 3 40
Pin 24 2 2 2 2 2 2 2 2 2 2 2 2 24
Line measure 15 1 1 1 1 1 1 1 1 1 1 1 1 15
Thread 58 5 5 5 5 5 5 5 5 5 5 5 5 58
Coat hanger 3,500 292 292 292 292 292 292 292 292 292 292 292 292 3,500
Bag 8,000 667 667 667 667 667 667 667 667 667 667 667 667 8,000
Table set 2,060 172 172 172 172 172 172 172 172 172 172 172 172 2,060
Clothesline 600 50 50 50 50 50 50 50 50 50 50 50 50 600
Sofa IVORY 4,500 375 375 375 375 375 375 375 375 375 375 375 375 4,500
Set of Fujiko CCTV 2,700 225 225 225 225 225 225 225 225 225 225 225 225 2,700
Set of counter 4,831 403 403 403 403 403 403 403 403 403 403 403 403 4,831
Total 65,444 5,454 5,454 5,454 5,454 5,454 5,454 5,454 5,454 5,454 5,454 5,454 5,454 65,444
159

Kitchen Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Kitchen sink cabinet 1,160 97 97 97 97 97 97 97 97 97 97 97 97 1,160
Table set 960 80 80 80 80 80 80 80 80 80 80 80 80 960
Refrigerator Toshiba 3,438 287 287 287 287 287 287 287 287 287 287 287 287 3,438
Insolated container of hot water 136 11 11 11 11 11 11 11 11 11 11 11 11 136
Microwave 564 47 47 47 47 47 47 47 47 47 47 47 47 564
NAGASAKI HP 1,018 85 85 85 85 85 85 85 85 85 85 85 85 1,018
Total 7,276 606 606 606 606 606 606 606 606 606 606 606 606 7,276

Restroom Amount JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Bathroom door 470 39 39 39 39 39 39 39 39 39 39 39 39 470
Injection line 35 3 3 3 3 3 3 3 3 3 3 3 3 35
Shower bath 33 3 3 3 3 3 3 3 3 3 3 3 3 33
Basin 171 14 14 14 14 14 14 14 14 14 14 14 14 171
Mirror set 170 14 14 14 14 14 14 14 14 14 14 14 14 170
Flush toilet 310 26 26 26 26 26 26 26 26 26 26 26 26 310
Total 1,189 99 99 99 99 99 99 99 99 99 99 99 99 1,189

Total admin depreciation 173,526 14,460 14,460 14,460 14,460 14,460 14,460 14,460 14,460 14,460 14,460 14,460 14,460 173,526
160

4.4 Management Analysis

4.4.1 Organization Management

I Love Wedding have to managing the organization by register I Love


wedding store to company limited. We have to communicate with Register
Partnership Firm Department, which is located in Office of Commercial Affairs
Chiang Rai for to establish the company limited, and then we will have to pay tax in
form of corporate income tax.
Company limited is that kind of company, which is form with a capital,
divided into equal shares, the liability of the shareholders being limited to the amount
unpaid on the shares respectively held by them. When will to establish the company
limited, must have at least 3 persons signing together in order to prepare
Memorandum and then register. Upon receiving the amount of shares, the director
must register as the company within 3 months from the date of company has meeting
to establish the company.
Below is total name of partnership that to invest in I Love Wedding business
as follows:
1. Mr.Santisuk Yodrak
2. Miss.Chalermkwan Ramlukkhunpattapee
3. Miss.Supattra Luelert
4. Miss.Patchra Yamcharoen
5. Miss.Jiranun Maitreetaweenithi

In five partnership of I Love Wedding business, have to vote and make


agreement to appoint Mr.Santisuk Yodrak to be managing partner manager of I Love
Wedding Company limited. He has responsible to register establish company limited
at Office of Commercial Affairs Chinag Rai. Moreover, he must to oversee and
maintain tidiness in the company. He gets the authority to inspect every document that
relate to operations in the company and who is delegate person of partnership that
have respond to sign agreement when do business with other company.
161

4.4.2 Organization Chart

Managing Partner position


(1 position)

Accounting Sale and Marketing General Management Photographer


Department Department Department Manager
(1 position) (1 position) (1 position) (1 Position)

Sales person Housekeeper Photographer


(2 position) (1 position) (2 Position)

People in the organization

I Love Wedding studio have total of employee amount 10 people, and below is
to descript the characteristic and task of employee in each position.

1. Managing Partner position (1 position)


Task
- Oversee all departments and along with to sign in that agreement
documents

Characteristic
- Male/Female, Age 25 up
- Bachelor degree up and work experience must more than 2years
- Can use with best Microsoft Office such as Word, Excel
- Have good management skill and good relationship
162

2. Accounting department (1 position)


Task
- Work that relate to financial and accounting
- To analysis the liquidity of money
- To planning money
- Manage and control budget of company
Characteristic
- Female, Age 24-30
- Graduated high vocational certificate or bachelor degree in account
major
- More than 1-2 year of work experience that relate to finance
- Computer skill especially Excel and Express
- Can analysis the liquidity and financial of company
-Be carefully detailed person and good understanding the principles of
financial and accounting.
- Have patience, enthusiasm and integrity.
- To be honest on work

3. Sale and Marketing department (1 position)


Task
- Do marketing and advertising
- Analysis market trend form seasoning
- Managing for product and service to customers satisfaction
- Continuous to fine new customer

Characteristic
- Male / Female, Age 24-30
- Bachelor degree with the major is marketing or relate major
- Work experience more than 2 year
- Can use computer program
- Have negotiation skill, good personality and relationship
163

4. Sales person (2 positions)


Task
- Receptionist to customers
- Direct sale
- Introduce produce and service to customers
- Take care for customer
- Consulting with customer
Characteristic
- Male or Female, Age 25-34 year
- Vocational education level up with relate to the major was learn.
- Work experience more than 1 year
- Good personality and high relationship

5. General management department (1 position)


Task
- Training the employee
- Control work of employee to be system and effective
- Prepare for company working plan
- Selection new employees into the appropriate position
Characteristic
- Male, Age 24-30 year
- Graduate bachelor degree in school of management
- Work experience in )Middle Management( more than 2 year
- Have computer skill
- Can do many works in the same time
- Have high responsibility in task and high relationship
- Good communicate to work with other person

6. Housekeeper (1 position)
Task
- Cleaning across in organization
- Show products and sort products to look beautiful.
164

Characteristic
- Female, Age 25-30 year
- Have high responsibility in task
- Have eager on work
- To be honest on work

7. Photographer manager (1 Position)


Task
- Planning to shoot beautiful image
- Design gesture for customer when photography time
- Take photography
- Graphic design for customer picture
Characteristic
- Male, Age 25-35 year
- Diploma education and bachelor degree with the major that relate in
work
- Work experience more than 3 year
- Can excellence to using Photoshop program and other program that
design picture to beautiful
- Have a leadership skill
- Have high responsibility on work

8. Photographer (2 Position)
Task
- Take photography
- Graphic design for customer picture

Characteristic
- Male, Age 20-35 year
- Diploma education and bachelor degree with the major that relate in
work
- Work experience more than 1 year
165

- Can excellence to using Photoshop program and other program that


design picture to beautiful
- Have high responsibility on work
- If have knowledge of photography will special to consider

4.4.3 Administration Cost

1. Employee salary

Wage rate for our organization


1. Managing Partner position 1 person (1 x 15,000) 15,000 baht
2. Employee in the organization
-Accounting department 1 person 8,500 baht
-Sale and Marketing department 1 person 8,500 baht
- Sales person 2 persons (2 x 6,000) 12,000 baht
-General management department 1 person 8,500 baht
- Housekeeper 1 person 4,500 baht
- Photographer manager 1 person 13,000 baht
- Photographer 2 persons (2 x 10,000) 20,000 baht
Total salary expense/month 90,000 baht

** Remark Give 0.02% commission of total sale for sale person, which is not
include the salary

2. Rental Free

The building that we will rent have 2 floor, about size of room in first floor is
9 meter x 10 meter and the second floor’s size is also same with the size of the first
floor. We have make contract agreement to rent the building for 1 by 1 year, then we
prepayment rental free at the beginning of January 2010 for 1 year with total cost of
rental free is 25,000 x 12= 300,000 baht
166

3. Stationary expense

Table 4.13: Station expense

NO Product Description Unit x Price Total Price


1 Calculation 2 x 418 836
2 Paper A4 3 x 90 270
3 Clip files 10 x 45 450
4 Lancer stamp pad 4 x 16 64
5 Horse stamp pad ink 4x9 36
6 Max 3 x 60 180
7 Staple max 5 x 65 325
8 Punch machines 1 x 320 320
9 Scissors 3 x 75 225
10 Bill spit 3 x 12 36
11 Rotting pencil 10 x 75 750
12 Eraser 10 x 3 30
13 Pen 10 x 12 120
14 Liquid paper 10 x 50 500
15 Scotch tape 15 x 28 420
16 Plug 6 x 25 150
17 Knife 5 x 70 350
Total of Stationary expense 5,062 baht
167

4. Electricity expense / month


22 meters pressure in the normal rate
Estimate use of electricity 500 unit x 2.4649 = 1,232.45 baht
Add. (+) Service expense = 228.17 baht
Total Electricity expense / month = 1,460.62baht

Figure 4.50 Electricity

5. Water expense / Month

1000 liter = 1 Cubic meters


Fore cast use 15 cu.m/month x 10.7baht = 160.5 baht
Add. (+) General Service = 30 baht
Add. (+) VAT 7% = 11.235 baht
Total water expense/month = 201.735 baht
168

Table 4.14 Water Tariffs

WATER TARIFFS
Effective December 1999

Commerce, Government Agency,


State Enterprise and Industry

Baht/cu.m.
Volume(cu.m.)
9.50
0-10
(Not less than 90.00 Baht)
11-20 10.70
21-30 10.95
31-40 13.21
41-50 13.54
51-60 13.86
61-80 14.19
81-100 14.51
101-120 14.84
121-160 15.16
161-200 15.49
(over 200) 15.81

** Remark: 1. VAT not included) 7% 2. (General services) 30 baht


169

6. TOT internet and telephone expense/month


Double Bonus (2M/512Kbps)
Internet expense 590 baht/month
Telephone expense 500 baht/month
*Remark (2baht/Minutes) and free 590 baht for call with in Thailand
Maintenance costs 200 baht/month
Fax 200 baht/month
*(2baht/time)
Total 1,490 baht/month

Table 4.15 TOT Package

Special long-distance call package


TOT offers a special package for long distance and mobile phone calls.
Apply today and pay only 2 baht per minute* when you domestic long distance and
mobile phone calls, at anytime. Interested customers can apply for this package from
now till January 31, 2010 at your nearest TOT customer’s service center.
•Monthly Fee : Bht.200
•Local Call : Bht. 3/call
•Domestic long distance and mobile phone : Bht. 2/min
170

• Explanation Administration Cost

- Employee salary

Our total employee in the organization have 10 person, so total salary that we have
to pay is 90,000 baht per month, it is a fix cost that we will pay in every month and
every year.

- Rental Free

We have to pay rental free in term of one year, it is a fix cost, because pay in term
of year will get cheaper than in term of month, so our rental free will pay in the begin
of every year.

- Stationary expense

We not to purchase administration every month, because some stationary


equipment are not easy to damage in every month, such as calculator, lancer stamp
pad, horse stamp and link, max, punch machine, scissors, bill spit, plug, and knife. In
addition some stationary that easy to extinction out, we will purchase a lot of in one
time, such as paperA4, clip files, staple max, rotting pencil, eraser, pen, liquid paper,
scotch tape, so our organization’s stationary expense are not to pay in every month,
therefore we average to pay three or four time alternate in one year.

- Electricity expense

Our store electricity expense will change by season of year, such as


High season it is October to February, in this period is the most popular to
wedding, then our store will have more customer, so we will pay more electricity
expense, because we have to turn on the light throughout the day, take photography
for customer, and used computers in long time,…etc. In addition this season is cold
weather, so we not open air conditioner, but we open fan, there fore our electricity in
this period are not pay more when compare with the another season.
171

Moderate season it is March to June, in this period still have some customer yet,
so we will pay electricity expense. In addition this period is summer season it is very
hot season in one year, so we have to open air conditioner throughout the day,
therefore in this period we pay most electricity expense.

Lowest season it is July to September, in this period will have less customer, so
our store will not pay more electricity expense than other season, but we have to turn
on light quickly because sky darkened quickly in this season. In addition it is not hot
weather in this season, so we can just open fan only, therefore our store will not pay
more electricity expense.

Year 2010, it is the first year that we open store, so our total electricity expense are
not to pay more.

Year 2011, it is the second year, therefore our store will known in the market and get
more customer, so our electricity expense have increase fast from the first year.

Year 2012, it is the third year, can see that we have a lot of expense, so we will reduce
electricity expense then will to increase our income.

Year 2013, it is the fourth year, Although we have to control expense from the last
year, but in this year will have more customer, because our store will know and
famous in Chiang Rai market, according to we have to promote store through internet
,brochure and radio, so our electricity expense are also increase in this year.

Year2014, it is the fifth year that we open store, so the customer also give trust and
loyalty to our store, when have many customers, electricity expense will also increase
automatically.

- Water expense

About water expense of our store, have changing by season of year, such as

Winter season, it is October to February, because this period is winter season,


many person are not used more water, so water expense are not more in this season,
therefore water expense in this period will pay less than other period.
172

Summer season, it is March to June, this period has Songkran festival, and the
weather is very hot in a year, so this season will used more water expense than
another season.

Rainy season, it is July to September, this period may make our store easy dirty,
so we will often cleaning store, therefore this season we have pay reasonable water
expense.

Year 2010, it is the first year that we open store, so our total water expense are not to
pay more.

Year 2011, it is the second year, therefore our store will known in the market and get
more customer, so our water expense have increase fast from the first year.

Year 2012, it is the third year, can see that we have a lot of expense, so we will reduce
water expense then will to increase our income.

Year 2013, it is the fourth year, we have to control our water expense from the last
year, this year we also have customer, so our water expense will increase a little from
the last year.

Year2014, it is the fifth year that we open store, we have to reduce expense, because
we have to increase more income in the last year.

- Internet and telephone expense

Our internet and telephone expense, have changing by season of year, such as
High season, it is October to February; because we have more customer in this
period, so we have to contact more customer, then we will pay more internet and
telephone expense.
Moderate season, it is March to June, we have to reduce internet and telephone
expense, because we still have more customers yet, and we don’t to fine new
customers, so in this period we have to pay less internet and telephone expense.
173

Lower season, it is July to September, our expense will increase, because in


this period we have less customers, so we will to contract more customer through
internet and telephone, therefore in this period we have to pay reasonable internet and
telephone expense.

Year 2010, it is the first year that we open store, so our total internet and telephone
expense are not to pay more.

Year 2011, it is the second year, therefore our store will known in the market and get
more customer to contact, so our internet and telephone expense have increase fast
from the first year.

Year 2012, it is the third year, can see that we have a lot of expense, so we will reduce
internet and telephone expense then will to increase our income.

Year 2013, it is the fourth year, although we have more customer, but we will control
our expense from the last year, because we will remain and increase our income.

Year2014, it is the fifth year that we open store, so our store will know and famous in
Chiang Rai market then we will get more and more customers, because we have to
contract them in every time, so our internet and telephone expense will increase in this
year.

- Car Insurance

Figure 4.51 Logo Asia Insurance

I Love wedding have to purchase car insurance through Insurance Thai.com, it is Asia
insurance, which is Asia 2 plus. Our limited protection that will get is 1,000,000 baht, so
insurance premium plus taxation per year is 6,900 baht per year, and plus enactment car
free is 645, so total of insurance car plus enactment car free is 7,545 baht per year. It is a
fix cost, we have to pay in the begin of every year.
174

- Fire Insurance

Figure 4.52 Logo Muang Thai Insurance

I Love Wedding do fire Insurance with Muang Thai Insurance with limits
protection is 1,000,000 Baht and insurance rate is 2,525.20 per years, it is a fix cost.
Muang Thai Insurance are protect everything in the shop and protection for year by
year.

- Employee motivation

“What is the factor to persuade an officer to work willingly and satisfied?”


I love wedding consider the employee to work happily and satisfaction in
organization, so we separate reward to employee into two site, the first is intangible
reward such as employees appreciation, teaching jobs for employees, development
employee’s weaknesses, sending employees to training then get more knowledge,
greeting talk with employees and inquire happiness and sorrow of employees that we
collectively recognition, which means that we take care employees and their feelings.
The second is tangible reward, such as; first, we will give sale commission
0.02 percent from total sale for sale persons. Second, let the customer vote every time
after they used our serviced, such as which employee in I love wedding company have
to provide excellent performance to the customer, and we will count then announce
for an excellent employee in the ending of year, and we will give reward 1,000 baht
for that employee. Third, we will vote diligent employee in site the company for every
ending of year, and then we will give reward 1,000 baht for that employee. Forth, we
will vote the employee that have high relationship in the organization for every ending
of year, and then we will give reward 1,000 baht for that employee, so both intangible
175

reward and tangible reward are the factor to motivate employees to work willingly
and satisfaction in the organization.
**Total motivation expense per year is 3,000 baht which is not include sale
commission.

- Employee training

I Love Wedding provide training program about customer service for


employees which is because to make customer satisfaction, happily and fell cost
effective to used our service. This training program can improve skill, knowledge, and
personality of our employees, so we expect to our good service can attract more
customers, then to increase our income, and also increase company profit.
We will provide training program 1 time per year, which is the first weekend
in August of every year, total is two days. Because August is start to be high season,
in addition high season will have more customers, so we will prepare to train
employees, which can efficiency to provide full serve to customers.
We will pay one day for employee training expense about 5,000 baht, which is 3
hours in the morning is about knowledge and skill and 2 hours in the afternoon is
about practical section, so we have to train 2 day in one year, then total train employee
expense is 10,000 baht per year. We have invited instructor that have more skill,
knowledge, and more experience to training our staff from Lanna Human Resource
Development institutions.

Instructor

Mr. Sudpatapee Wiengsee

Figure 4.53 Instructor


176

Address

Lanna Human Resource Development Institute

194/45 Sankongnoi, Moung, Chiang Rai 57100

Tel: 086-5860704

E-mail: LannaHRDI@hotmail.com

Figure 4.54 Lanna HRDI Website: www.lannaHRDI.com

- Staff’s shirt

I Love Wedding will make staff shirt for photographer. They are 3 people
in this position. We will make every 2 year which is the first year and the third year.
Every people they will receive 2 pieces of staff’s shirt in every time that we make, so
in first year we make staff’s shirt total is 6 pieces, and cost for one pieces is 250 baht,
therefore total cost for every time that we make staff’s shirt is 1,500 baht. Staff shirt
of photographers can promote our company, such as when photographers go out door
to take photo for customer, many people can see our logo and our company’s name,
and then they will remember to I Love Wedding Company. Be low is example of our
company’ staff shirt.

Figure 4.55 Staff’ Shirt


177

Modern ac shirt shop this is produces our company’s staff shirt

Address:

Modern ac shirt shops, King Meng Rai the Great


Monument junction, the way go to sports central field, near
RAC Institute tutorial. Tel: 053-742699

Figure 4.56 Staff’ Shirt


178

Table 4.16: Administration Cost, Year 1

Year 2010
No. Description Base JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
1 Employee salary 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 1,080,000
2 Rental Free 300,000 300,000 - - - - - - - - - - - 300,000
3 Stationary expense 10,124 5,062 - - - - - 5,062 - - - - - 10,124
4 Electricity expense 1,900 1,800 1,800 1,900 1,800 1,900 1,700 1,300 1,500 1,800 1,800 1,900 21,100
5 Water expense 220 230 250 300 350 320 250 250 220 220 200 220 3,030
6 Internet and telephone expense 2,000 1,500 1,500 1,500 1,490 1,490 1,400 1,500 1,600 1,800 2,000 2,200 19,980
7 Fire Insurance 2,525.20 2,525.20 - - - - - - - - - - - 2,525
8 Car insurance 7,545 7,545 - - - - - - - - - - - 7,545
9 Social security insurance expense 54,000 54,000 - - - - - - - - - - - 54,000
10 Motivation expense 3,000 - - - - - - - - - - - 3,000 3,000
11 Training expense 10,000 - - - - - - - 10,000 - - - - 10,000
12 Staff shirt expense 1,500 1,500 - - - - - - - - - - - 1,500
Total 464,752 93,530 93,550 93,700 93,640 93,710 98,412 103,050 93,320 93,820 94,000 97,320 1,512,804

Table 4.17: Administration Cost, Year 2

Year 2011
No. Description Base JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
1 Employee salary 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 1,080,000
2 Rental Free 300,000 300,000 - - - - - - - - - - - 300,000
3 Stationary expense 10,124 5,062 - - - - - 5,062 - - - - - 10,124
4 Electricity expense 2,000 2,000 2,000 2,100 2,200 2,000 1,800 1,600 1,700 1,900 2,100 2,200 23,600
5 Water expense 220 220 250 300 310 350 300 250 240 240 240 230 3,150
6 Internet and telephone expense 2,200 2,000 1,500 1,500 1,490 1,600 1,700 1,800 1,900 2,000 2,000 2,200 21,890
7 Fire Insurance 2,525.20 2,525.20 - - - - - - - - - - - 2,525
8 Car insurance 7,545 7,545 - - - - - - - - - - - 7,545
9 Social security insurance expense 54,000 54,000 - - - - - - - - - - - 54,000
10 Motivation expense 3,000 - - - - - - - - - - - 3,000 3,000
11 Training expense 10,000 - - - - - - - 10,000 - - - - 10,000
Total 463,552 94,220 93,750 93,900 94,000 93,950 98,862 103,650 93,840 94,140 94,340 97,630 1,515,834
179

Table 4.18: Administration Cost, Year 3

Year 2012
No. Description Base JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
1 Employee salary 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 1,080,000
2 Rental Free 300,000 300,000 - - - - - - - - - - - 300,000
3 Stationary expense 10,124 5,062 - - - - - 5,062 - - - - - 10,124
4 Electricity expense 2,100 2,000 2,000 2,100 2,100 1,900 1,600 1,500 1,800 1,900 2,000 2,100 23,100
5 Water expense 220 210 220 250 270 300 290 280 260 250 240 230 3,020
6 Internet and telephone expense 2,200 1,800 1,600 1,500 1,500 1,600 1,700 1,800 1,800 1,900 1,900 2,000 21,300
7 Fire Insurance 2,525.20 2,525.20 - - - - - - - - - - - 2,525
8 Car insurance 7,545 7,545 - - - - - - - - - - - 7,545
9 Social security insurance expense 54,000 54,000 - - - - - - - - - - - 54,000
10 Motivation expense 3,000 - - - - - - - - - - - 3,000 3,000
11 Training expense 10,000 - - - - - - - 10,000 - - - - 10,000
12 Staff shirt expense 1,500 1,500 - - - - - - - - - - - 1,500
Total 465,152 94,010 93,820 93,850 93,870 93,800 98,652 103,580 93,860 94,050 94,140 97,330 1,516,114

Table 4.19: Administration Cost, Year 4

Year 2013
No. Description Base JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
1 Employee salary 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 1,080,000
2 Rental Free 300,000 300,000 - - - - - - - - - - - 300,000
3 Stationary expense 10,124 5,062 - - - - - 5,062 - - - - - 10,124
4 Electricity expense 2,000 2,000 1,900 2,300 2,200 2,000 1,600 1,700 1,800 1,900 2,000 2,100 23,500
5 Water expense 220 220 230 300 320 300 290 250 240 230 220 210 3,030
6 Internet and telephone expense 2,000 2,000 1,800 1,600 1,300 1,500 1,500 1,800 1,900 1,900 2,000 2,000 21,300
7 Fire Insurance 2,525.20 2,525.20 - - - - - - - - - - - 2,525
8 Car insurance 7,545 7,545 - - - - - - - - - - - 7,545
9 Social security insurance expense 54,000 54,000 - - - - - - - - - - - 54,000
10 Motivation expense 3,000 - - - - - - - - - - - 3,000 3,000
11 Training expense 10,000 - - - - - - - 10,000 - - - - 10,000
Total 463,352 94,220 93,930 94,200 93,820 93,800 98,452 103,750 93,940 94,030 94,220 97,310 1,515,024
180

Table 4.20: Administration Cost, Year 5

Year 2014
No. Description Base JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
1 Employee salary 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 1,080,000
2 Rental Free 300,000 300,000 - - - - - - - - - - - 300,000
3 Stationary expense 10,124 5,062 - - - - - 5,062 - - - - - 10,124
4 Electricity expense 2,100 2,100 2,150 2,200 2,250 2,000 1,500 1,600 1,700 1,900 2,000 2,200 23,700
5 Water expense 210 220 230 280 290 260 250 250 240 230 220 200 2,880
6 Internet and telephone expense 2,200 2,100 2,000 1,900 1,800 1,800 1,900 1,900 2,000 2,000 2,100 2,200 23,900
7 Fire Insurance 2,525.20 2,525.20 - - - - - - - - - - - 2,525
8 Car insurance 7,545 7,545 - - - - - - - - - - - 7,545
9 Social security insurance expense 54,000 54,000 - - - - - - - - - - - 54,000
10 Motivation expense 3,000 - - - - - - - - - - - 3,000 3,000
11 Training expense 10,000 - - - - - - - 10,000 - - - - 10,000
12 Staff shirt expense 1,500 1,500 - - - - - - - - - - - 1,500
Total 465,142 94,420 94,380 94,380 94,340 94,060 98,712 103,750 93,940 94,130 94,320 97,600 1,519,174
181

4.5 Technical Feasibility Conclusion

I Love Wedding will provide many products and services to customer. Our
products are include that, first, bridal dress and groom suite that can divide in to 3 style
of wedding dress, such as bridal dress styles, Thai traditional styles, and Chinese
traditional styles. Second, Luis frame. Third, Crystal LCD album will provide into
many kinds, type and size to customers. Forth, Keepsake, and wedding invitation card
that also have many type, style, and many colors. We have order these product from
wholesale store in Bangkok. Because can reduce cost of our product.
Our company’s services will provide comfortable to customers. First,
Photograph, we will sent image file thought the internet then order they to make photo
copy, they also provide free price logistic to our company, so we will savings in cost
and then to reduce operation time. Second, Music, we have arranged many wedding’s
musical then we will sale to the customer with moderate price. Third, Make up and hire
do, we will deal with makeup artist with more than 10 years experience in Bando. Forth,
Flowers arrangement, we will deal with flowers shop in Muang Chiang Rai, it can
reduce the operation time in our company more and more. Fifth, Booking hotel, our
company will to book hotel services to customer for free if their want, because we take
care to customer and we try to make convenience to customers to satisfaction and feel
happily.
Our service process, in first we will introduce our product and give
consultation to customer until they purchase our product and service. I Love Wedding
Store have to purchase the important equipments, that is camera to take photo for 2 unit
and record VDO camera for 1 unit, it is to increase picture’s resolution and distinct,
then to get the customer’s picture has beautiful image. Our store has locate in 324/ 2
Moo.12, Robwiang, Muang District, Chiang Rai 57000, which is locate in front of
Super-hiway road, because transportation is convenient and also convenient to customer
too.
In part of management, can device into two operation period time. The first is
pre-operation period, have to study and make decision to total cost of setting
equipments in company, total cost of interior store, pay for billboard tax, and company
limited registration cost, which is we have to communicate to Office of commercial
Affiars Chiangrai. In operation time period, will include many expense, such as utility
182

expense per month in store, and administration cost per month, additional including
employee salary. Our employees will recruit and selected by the company’s
qualification that have setting in position, task and responsibility of employees. We will
increase knowledge of employee and train them to be expert on work, which are they
will work effectively on their job.
183

Chapter 5 Financial Analysis


184

5.1 Income Statement

Table 5.1 Income Statement Year 2010

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
Cost of good sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
Gross Income 397,364 439,526 323,337 222,748 137,231 97,457 52,311 78,803 136,037 222,748 395,573 438,332 2,941,465

Operating expense
Selling 49,824 53,816 43,116 33,256 25,192 21,358 17,067 19,424 25,012 33,456 49,704 53,736 424,961
General & Administrative 464,752 93,530 93,550 93,700 93,640 93,710 98,412 103,050 93,320 93,820 94,000 97,320 1,512,804
Pre-investment expense 14,855 - - - - - - - - - - - 14,855
Depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total operating expenses 559,980 177,895 167,215 157,505 149,381 145,617 146,028 153,023 148,881 157,825 174,253 181,605 2,319,208

Income before interest and tax - 162,616 261,631 156,122 65,243 - 12,150 - 48,160 - 93,717 - 74,220 - 12,844 64,923 221,320 256,726 622,257
Interest expense 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000
Income (Loss) Before Income Taxes - 204,282 219,964 114,455 23,576 - 53,817 - 89,827 - 135,384 - 115,886 - 54,511 23,256 179,653 215,060 122,257
Provision (Benefit) for income taxes - 61,285 65,989 34,337 7,073 - 16,145 - 26,948 - 40,615 - 34,766 - 16,353 6,977 53,896 64,518 36,677
Net income (loss) for the year - 142,998 153,975 80,119 16,503 - 37,672 - 62,879 - 94,769 - 81,120 - 38,158 16,279 125,757 150,542 85,580
Retained Earnings - 142,998 10,977 91,096 107,599 69,927 7,048 - 87,720 - 168,841 - 206,999 - 190,719 - 64,962 85,580 85,580
185

Table 5.2 Income Statement Year 2011

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
Cost of good sold 1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
Gross Income 481,090 1,236,532 451,015 222,748 155,884 99,845 67,979 81,788 137,231 323,337 438,929 481,687 4,178,066

Operating expense
Selling 57,769 248,737 55,173 33,256 27,026 21,518 18,702 19,623 25,092 43,116 53,776 57,808 661,596
General & Administrative 463,552 94,220 93,750 93,900 94,000 93,950 98,862 103,650 93,840 94,140 94,340 97,630 1,515,834
Pre-investment expense - - - - - - - - - - - - -
Depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total operating expenses 551,870 373,506 179,472 157,705 151,575 146,017 148,113 153,822 149,481 167,805 178,665 185,987 2,544,018

Income before interest and tax - 70,780 863,026 271,544 65,043 4,309 - 46,171 - 80,134 - 72,034 - 12,250 155,532 260,263 295,700 1,634,048
Interest expense 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 400,000
Income (Loss) Before Income Taxes - 104,113 829,693 238,210 31,709 - 29,024 - 79,505 - 113,467 - 105,367 - 45,583 122,198 226,930 262,366 1,234,048
Provision (Benefit) for income taxes - 31,234 248,908 71,463 9,513 - 8,707 - 23,851 - 34,040 - 31,610 - 13,675 36,660 68,079 78,710 370,214
Net income (loss) for the year - 72,879 580,785 166,747 22,197 - 20,317 - 55,653 - 79,427 - 73,757 - 31,908 85,539 158,851 183,656 863,834
Retained Earnings 12,701 593,486 760,233 782,429 762,113 706,459 627,032 553,275 521,367 606,906 765,757 949,413 863,834
186

Table 5.3 Income Statement Year 2012

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
Cost of good sold 1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
Gross Income 537,726 2,079,888 537,726 323,337 185,362 129,323 67,979 95,666 223,942 439,526 496,162 538,920 5,655,558

Operating expense
Selling 63,317 298,809 63,317 42,916 29,582 24,074 18,702 21,139 33,236 53,816 59,364 63,396 771,668
General & Administrative 465,152 94,010 93,820 93,850 93,870 93,800 98,652 103,580 93,860 94,050 94,140 97,330 1,516,114
Pre-investment expense - - - - - - - - - - - - -
Depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total operating expenses 559,018 423,368 187,686 167,315 154,001 148,423 147,903 155,268 157,645 178,415 184,053 191,275 2,654,370

Income before interest and tax - 21,292 1,656,520 350,041 156,022 31,361 - 19,100 - 79,924 - 59,602 66,297 261,111 312,109 347,645 3,001,188
Interest expense 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Income (Loss) Before Income Taxes - 46,292 1,631,520 325,041 131,022 6,361 - 44,100 - 104,924 - 84,602 41,297 236,111 287,109 322,645 2,701,188
Provision (Benefit) for income taxes - 13,887 489,456 97,512 39,307 1,908 - 13,230 - 31,477 - 25,381 12,389 70,833 86,133 96,794 810,356
Net income (loss) for the year - 32,404 1,142,064 227,528 91,715 4,453 - 30,870 - 73,447 - 59,221 28,908 165,277 200,976 225,852 1,890,832
Retained Earnings 917,009 2,059,073 2,286,602 2,378,317 2,382,770 2,351,900 2,278,453 2,219,232 2,248,140 2,413,417 2,614,393 2,840,245 1,890,832
187

Table 5.4 Income Statement Year 2013

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520 18,282,990
Cost of good sold 1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
Gross Income 581,679 1,352,721 537,726 482,881 329,307 200,434 97,457 109,544 324,531 526,237 539,517 582,276 5,664,310

Operating expense
Selling 67,429 259,437 63,317 57,688 43,314 31,178 21,258 22,655 42,896 61,960 63,436 67,468 802,036
General & Administrative 463,352 94,220 93,930 94,200 93,820 93,800 98,452 103,750 93,940 94,030 94,220 97,310 1,515,024
Pre-investment expense - - - - - - - - - - - - -
Depreciation 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
Total operating expenses 560,055 382,931 186,521 181,162 166,408 154,252 148,984 155,679 166,110 185,264 186,930 194,052 2,668,348

Income before interest and tax 21,624 969,790 351,206 301,719 162,899 46,182 - 51,527 - 46,135 158,421 340,973 352,587 388,224 2,995,963
Interest expense 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000
Income (Loss) Before Income Taxes 4,958 953,124 334,539 285,052 146,232 29,516 - 68,194 - 62,802 141,754 324,306 335,921 371,557 2,795,963
Provision (Benefit) for income taxes 1,487 285,937 100,362 85,516 43,870 8,855 - 20,458 - 18,841 42,526 97,292 100,776 111,467 838,789
Net income (loss) for the year 3,470 667,186 234,177 199,537 102,362 20,661 - 47,736 - 43,961 99,228 227,014 235,144 260,090 1,957,174
Retained Earnings 2,843,715 3,510,902 3,745,079 3,944,616 4,046,978 4,067,639 4,019,904 3,975,942 4,075,170 4,302,185 4,537,329 4,797,419 1,957,174
188

Table 5.5 Income Statement Year 2014

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,910 22,852,290
Cost of good sold 1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
Gross Income 653,915 2,253,310 709,265 612,948 459,373 229,912 154,690 109,544 324,531 612,948 655,706 756,295 7,532,438

Operating expense
Selling 74,017 315,097 77,707 69,904 55,530 33,734 26,846 22,655 42,896 70,104 74,136 83,796 946,422
General & Administrative 465,142 94,420 94,380 94,380 94,340 94,060 98,712 103,750 93,940 94,130 94,320 97,600 1,519,174
Pre-investment expense - - - - - - - - - - - - -
Depreciation 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
Total operating expenses 568,433 438,791 201,361 193,558 179,144 157,068 154,832 155,679 166,110 193,508 197,730 210,670 2,816,884

Income before interest and tax 85,482 1,814,519 507,905 419,390 280,229 72,844 - 142 - 46,135 158,421 419,440 457,976 545,625 4,715,555
Interest expense 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 100,000
Income (Loss) Before Income Taxes 77,149 1,806,186 499,571 411,056 271,896 64,511 - 8,475 - 54,468 150,088 411,106 449,643 537,292 4,615,555
Provision (Benefit) for income taxes 23,145 541,856 149,871 123,317 81,569 19,353 - 2,543 - 16,341 45,026 123,332 134,893 161,188 1,384,666
Net income (loss) for the year 54,004 1,264,330 349,700 287,740 190,327 45,158 - 5,933 - 38,128 105,061 287,775 314,750 376,104 3,230,888
Retained Earnings 4,851,423 6,115,753 6,465,453 6,753,193 6,943,520 6,988,678 6,982,745 6,944,617 7,049,678 7,337,453 7,652,203 8,028,307 3,230,888
189

5.2 Balance Sheet

Table 5.6 Balance Sheet Year 2010

I Love Wedding Company Limited


Balance sheet
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
Asset
Current asset
Cash 3,085,213 3,269,737 3,380,404 3,427,457 3,420,334 3,388,004 3,323,784 3,273,213 3,265,604 3,312,432 3,468,739 2,649,829
Total current asset 3,085,213 3,269,737 3,380,404 3,427,457 3,420,334 3,388,004 3,323,784 3,273,213 3,265,604 3,312,432 3,468,739 2,649,829
Fixed Asset
Operating and admin fixed asset 1,771,789 1,741,240 1,710,691 1,680,142 1,649,593 1,619,044 1,588,495 1,557,946 1,527,397 1,496,848 1,466,299 1,435,750
Total fixed asset 1,771,789 1,741,240 1,710,691 1,680,142 1,649,593 1,619,044 1,588,495 1,557,946 1,527,397 1,496,848 1,466,299 1,435,750
Total asset 4,857,002 5,010,977 5,091,096 5,107,599 5,069,927 5,007,048 4,912,280 4,831,159 4,793,001 4,809,281 4,935,038 4,085,580

Liability and Equity


Liability
Long term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 4,000,000
Other - - - - - - - - - - - -
Total liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 4,000,000
Equity
Retain earning - 142,998 10,977 91,096 107,599 69,927 7,048 - 87,720 - 168,841 - 206,999 - 190,719 - 64,962 85,580
Owner equity - - - - - - - - - - - -
Total equity - 142,998 10,977 91,096 107,599 69,927 7,048 - 87,720 - 168,841 - 206,999 - 190,719 - 64,962 85,580
Total Liability and Equity 4,857,002 5,010,977 5,091,096 5,107,599 5,069,927 5,007,048 4,912,280 4,831,159 4,793,001 4,809,281 4,935,038 4,085,580
190

Table 5.7 Balance Sheet Year 2011

I Love Wedding Company Limited


Balance sheet
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
Asset
Current asset
Cash 2,607,499 3,218,833 3,416,129 3,468,875 3,479,107 3,454,003 3,405,125 3,361,917 3,360,557 3,476,645 3,666,045 2,880,251
Total current asset 2,607,499 3,218,833 3,416,129 3,468,875 3,479,107 3,454,003 3,405,125 3,361,917 3,360,557 3,476,645 3,666,045 2,880,251
Fixed Asset
Operating and admin fixed asset 1,405,201 1,374,652 1,344,104 1,313,555 1,283,006 1,252,457 1,221,908 1,191,359 1,160,810 1,130,261 1,099,712 1,069,163
Total fixed asset 1,405,201 1,374,652 1,344,104 1,313,555 1,283,006 1,252,457 1,221,908 1,191,359 1,160,810 1,130,261 1,099,712 1,069,163
Total asset 4,012,701 4,593,486 4,760,233 4,782,429 4,762,113 4,706,459 4,627,032 4,553,275 4,521,367 4,606,906 4,765,757 3,949,413

Liability and Equity


Liability
Long term note payable 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 3,000,000
Other - - - - - - - - - - - -
Total liability 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 3,000,000
Equity
Retain earning 12,701 593,486 760,233 782,429 762,113 706,459 627,032 553,275 521,367 606,906 765,757 949,413
Owner equity - - - - - - - - - - - -
Total equity 12,701 593,486 760,233 782,429 762,113 706,459 627,032 553,275 521,367 606,906 765,757 949,413
Total Liability and Equity 4,012,701 4,593,486 4,760,233 4,782,429 4,762,113 4,706,459 4,627,032 4,553,275 4,521,367 4,606,906 4,765,757 3,949,413
191

Table 5.8 Balance Sheet Year 2012

I Love Wedding Company Limited


Balance sheet
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
Asset
Current asset
Cash 2,878,396 4,051,008 4,309,086 4,431,350 4,466,352 4,466,031 4,423,133 4,394,461 4,453,918 4,649,744 4,881,269 4,137,670
Total current asset 2,878,396 4,051,008 4,309,086 4,431,350 4,466,352 4,466,031 4,423,133 4,394,461 4,453,918 4,649,744 4,881,269 4,137,670
Fixed Asset
Operating and admin fixed asset 1,038,614 1,008,065 977,516 946,967 916,418 885,869 855,320 824,771 794,222 763,673 733,124 702,575
Total fixed asset 1,038,614 1,008,065 977,516 946,967 916,418 885,869 855,320 824,771 794,222 763,673 733,124 702,575
Total asset 3,917,009 5,059,073 5,286,602 5,378,317 5,382,770 5,351,900 5,278,453 5,219,232 5,248,140 5,413,417 5,614,393 4,840,245

Liability and Equity


Liability
Long term note payable 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 2,000,000
Other - - - - - - - - - - - -
Total liability 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 2,000,000
Equity
Retain earning 917,009 2,059,073 2,286,602 2,378,317 2,382,770 2,351,900 2,278,453 2,219,232 2,248,140 2,413,417 2,614,393 2,840,245
Owner equity - - - - - - - - - - - -
Total equity 917,009 2,059,073 2,286,602 2,378,317 2,382,770 2,351,900 2,278,453 2,219,232 2,248,140 2,413,417 2,614,393 2,840,245
Total Liability and Equity 3,917,009 5,059,073 5,286,602 5,378,317 5,382,770 5,351,900 5,278,453 5,219,232 5,248,140 5,413,417 5,614,393 4,840,245
192

Table 5.9 Balance Sheet Year 2013

I Love Wedding Company Limited


Balance sheet
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
Asset
Current asset
Cash 4,170,414 4,866,875 5,130,326 5,359,137 5,490,773 5,540,708 5,522,246 5,507,559 5,636,061 5,892,349 6,156,768 5,446,131
Total current asset 4,170,414 4,866,875 5,130,326 5,359,137 5,490,773 5,540,708 5,522,246 5,507,559 5,636,061 5,892,349 6,156,768 5,446,131
Fixed Asset
Operating and admin fixed asset 673,301 644,027 614,753 585,479 556,205 526,931 497,657 468,383 439,110 409,836 380,562 351,288
Total fixed asset 673,301 644,027 614,753 585,479 556,205 526,931 497,657 468,383 439,110 409,836 380,562 351,288
Total asset 4,843,715 5,510,902 5,745,079 5,944,616 6,046,978 6,067,639 6,019,904 5,975,942 6,075,170 6,302,185 6,537,329 5,797,419

Liability and Equity


Liability
Long term note payable 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 1,000,000
Other - - - - - - - - - - - -
Total liability 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 1,000,000
Equity
Retain earning 2,843,715 3,510,902 3,745,079 3,944,616 4,046,978 4,067,639 4,019,904 3,975,942 4,075,170 4,302,185 4,537,329 4,797,419
Owner equity - - - - - - - - - - - -
Total equity 2,843,715 3,510,902 3,745,079 3,944,616 4,046,978 4,067,639 4,019,904 3,975,942 4,075,170 4,302,185 4,537,329 4,797,419
Total Liability and Equity 4,843,715 5,510,902 5,745,079 5,944,616 6,046,978 6,067,639 6,019,904 5,975,942 6,075,170 6,302,185 6,537,329 5,797,419
193

Table 5.10 Balance Sheet Year 2014

I Love Wedding Company Limited


Balance sheet
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
Asset
Current asset
Cash 5,529,410 6,823,014 7,201,987 7,519,001 7,738,602 7,813,034 7,836,375 7,827,521 7,961,857 8,278,905 8,622,929 8,028,307
Total current asset 5,529,410 6,823,014 7,201,987 7,519,001 7,738,602 7,813,034 7,836,375 7,827,521 7,961,857 8,278,905 8,622,929 8,028,307
Fixed Asset
Operating and admin fixed asset 322,014 292,740 263,466 234,192 204,918 175,644 146,370 117,096 87,822 58,548 29,274 0
Total fixed asset 322,014 292,740 263,466 234,192 204,918 175,644 146,370 117,096 87,822 58,548 29,274 0
Total asset 5,851,423 7,115,753 7,465,453 7,753,193 7,943,520 7,988,678 7,982,745 7,944,617 8,049,678 8,337,453 8,652,203 8,028,307

Liability and Equity


Liability
Long term note payable 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 -
Other - - - - - - - - - - - -
Total liability 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 -
Equity
Retain earning 4,851,423 6,115,753 6,465,453 6,753,193 6,943,520 6,988,678 6,982,745 6,944,617 7,049,678 7,337,453 7,652,203 8,028,307
Owner equity - - - - - - - - - - - -
Total equity 4,851,423 6,115,753 6,465,453 6,753,193 6,943,520 6,988,678 6,982,745 6,944,617 7,049,678 7,337,453 7,652,203 8,028,307
Total Liability and Equity 5,851,423 7,115,753 7,465,453 7,753,193 7,943,520 7,988,678 7,982,745 7,944,617 8,049,678 8,337,453 8,652,203 8,028,307
194

5.3 Statement of Cash Flow

Table 5.11 Cash Flow Year 2010

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
cash received on cash sale 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
adjust depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total cash received 1,436,829 1,586,449 1,176,449 818,449 515,229 373,569 213,999 306,849 511,249 818,449 1,430,859 1,582,469 10,770,848
Cash paid -
cash piad for cost of goods sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
cash paid for operating expense 559,980 177,895 167,215 157,505 149,381 145,617 146,028 153,023 148,881 157,825 174,253 181,605 2,319,208
cash paid for income tax - 61,285 65,989 34,337 7,073 - 16,145 - 26,948 - 40,615 - 34,766 - 16,353 6,977 53,896 64,518 36,677
Total cash paid 1,507,611 1,360,259 1,024,115 729,730 480,685 364,232 236,552 315,754 477,191 729,954 1,232,886 1,359,712 9,818,680
Net cash flow from opreating activity - 70,782 226,190 152,334 88,719 34,544 9,337 - 22,553 - 8,905 34,058 88,495 197,973 222,757 952,167
Cash flow from investment activity -
Cash reveived -
cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
Cash paid investment on operating 888,810 - - - - - - - - - - - 888,810
Cash paid investment on administrative 913,528 - - - - - - - - - - - 913,528
Total cash paid 1,802,338 - - - - - - - - - - - 1,802,338
Net cash flow from investment activity - 1,802,338 - - - - - - - - - - - - 1,802,338
-
Cash flow fom financing activity -
cash received -
Borrowing cash 5,000,000 - - - - - - - - - - - 5,000,000
Total cash received 5,000,000 - - - - - - - - - - - 5,000,000
Cash paid -
- - - - - - - - - - - 1,000,000 1,000,000
cash paid for interest 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000
Total cash paid 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 1,041,667 1,500,000
Net cash flow from finacing activity 4,958,333 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 1,041,667 3,500,000
-
Net increase/decrease in cash 3,085,213 184,524 110,667 47,052 - 7,123 - 32,330 - 64,220 - 50,571 - 7,609 46,828 156,306 - 818,909 2,649,829
Beginning cash - 3,085,213 3,269,737 3,380,404 3,427,457 3,420,334 3,388,004 3,323,784 3,273,213 3,265,604 3,312,432 3,468,739 -
Ending cash 3,085,213 3,269,737 3,380,404 3,427,457 3,420,334 3,388,004 3,323,784 3,273,213 3,265,604 3,312,432 3,468,739 2,649,829 2,649,829
195

Table 5.12 Cash Flow Year 2011

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
cash received on cash sale 1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
adjust depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total cash received 1,734,079 2,632,509 1,629,289 818,449 581,949 381,529 270,769 316,799 515,229 1,176,449 1,584,459 1,736,069 13,377,578
Cash paid -
cash piad for cost of goods sold 1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
cash paid for operating expense 551,870 373,506 179,472 157,705 151,575 146,017 148,113 153,822 149,481 167,805 178,665 185,987 2,544,018
cash paid for income tax - 31,234 248,908 71,463 9,513 - 8,707 - 23,851 - 34,040 - 31,610 - 13,675 36,660 68,079 78,710 370,214
Total cash paid 1,743,076 1,987,842 1,398,660 732,370 538,383 373,300 286,314 326,674 483,255 1,027,028 1,361,726 1,488,530 11,747,156
Net cash flow from opreating activity - 8,997 644,667 230,629 86,079 43,566 8,229 - 15,545 - 9,875 31,974 149,421 222,733 247,539 1,630,421
Cash flow from investment activity -
Cash reveived -
cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
Cash paid investment on operating - - - - - - - - - - - - -
Cash paid investment on administrative - - - - - - - - - - - - -
Total cash paid - - - - - - - - - - - - -
Net cash flow from investment activity - - - - - - - - - - - - -
-
Cash flow fom financing activity -
cash received -
Borrowing cash - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
- - - - - - - - - - - 1,000,000 1,000,000
cash paid for interest 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 400,000
Total cash paid 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 1,033,333 1,400,000
Net cash flow from finacing activity - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 1,033,333 - 1,400,000
-
Net increase/decrease in cash - 42,330 611,334 197,296 52,746 10,232 - 25,104 - 48,878 - 43,208 - 1,359 116,088 189,400 - 785,795 230,421
Beginning cash 2,649,829 2,607,499 3,218,833 3,416,129 3,468,875 3,479,107 3,454,003 3,405,125 3,361,917 3,360,557 3,476,645 3,666,045 2,649,829
Ending cash 2,607,499 3,218,833 3,416,129 3,468,875 3,479,107 3,454,003 3,405,125 3,361,917 3,360,557 3,476,645 3,666,045 2,880,251 - 2,419,408
196

Table 5.13 Cash Flow Year 2012

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
cash received on cash sale 1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
adjust depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total cash received 1,936,489 3,586,109 1,936,489 1,176,449 684,749 484,329 270,769 367,599 822,429 1,586,449 1,788,859 1,940,469 16,581,188
Cash paid -
cash piad for cost of goods sold 1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
cash paid for operating expense 559,018 423,368 187,686 167,315 154,001 148,423 147,903 155,268 157,645 178,415 184,053 191,275 2,654,370
cash paid for income tax - 13,887 489,456 97,512 39,307 1,908 - 13,230 - 31,477 - 25,381 12,389 70,833 86,133 96,794 810,356
Total cash paid 1,913,344 2,388,496 1,653,412 1,029,185 624,747 459,650 288,667 371,271 737,972 1,365,623 1,532,334 1,659,068 14,023,768
Net cash flow from opreating activity 23,145 1,197,613 283,077 147,264 60,002 24,679 - 17,898 - 3,672 84,457 220,826 256,525 281,401 2,557,419
Cash flow from investment activity -
Cash reveived -
cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
Cash paid investment on operating - - - - - - - - - - - - -
Cash paid investment on administrative - - - - - - - - - - - - -
Total cash paid - - - - - - - - - - - - -
Net cash flow from investment activity - - - - - - - - - - - - -
-
Cash flow fom financing activity -
cash received -
Borrowing cash - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
- - - - - - - - - - - 1,000,000 1,000,000
cash paid for interest 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
Total cash paid 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 1,025,000 1,300,000
Net cash flow from finacing activity - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 1,025,000 - 1,300,000
-
Net increase/decrease in cash - 1,855 1,172,613 258,077 122,264 35,002 - 321 - 42,898 - 28,672 59,457 195,826 231,525 - 743,599 1,257,419
Beginning cash 2,880,251 2,878,396 4,051,008 4,309,086 4,431,350 4,466,352 4,466,031 4,423,133 4,394,461 4,453,918 4,649,744 4,881,269 2,880,251
Ending cash 2,878,396 4,051,008 4,309,086 4,431,350 4,466,352 4,466,031 4,423,133 4,394,461 4,453,918 4,649,744 4,881,269 4,137,670 - 1,622,831
197

Table 5.14 Cash flow Year 2013

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
cash received on cash sale 2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520
18,282,990
adjust depreciation 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274
351,288
Total cash received 2,090,804 3,041,234 1,935,214 1,738,774 1,195,074 738,254 372,294 417,124 1,179,154 1,892,374 1,941,184 2,092,794
18,634,278
Cash paid -
cash piad for cost of goods sold 1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
cash paid for operating expense 560,055 382,931 186,521 181,162 166,408 154,252 148,984 155,679 166,110 185,264 186,930 194,052 2,668,348
cash paid for income tax 1,487 285,937 100,362 85,516 43,870 8,855 - 20,458 - 18,841 42,526 97,292 100,776 111,467 838,789
Total cash paid 2,041,393 2,328,107 1,655,096 1,493,297 1,046,771 671,652 374,089 415,145 1,033,985 1,619,419 1,660,099 1,786,763 16,125,816
Net cash flow from opreating activity 49,411 713,127 280,118 245,477 148,303 66,602 - 1,795 1,979 145,169 272,955 281,085 306,031 2,508,462
Cash flow from investment activity -
Cash reveived -
cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
Cash paid investment on operating - - - - - - - - - - - - -
Cash paid investment on administrative - - - - - - - - - - - - -
Total cash paid - - - - - - - - - - - - -
Net cash flow from investment activity - - - - - - - - - - - - -
-
Cash flow fom financing activity -
cash received -
Borrowing cash - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
- - - - - - - - - - - 1,000,000 1,000,000
cash paid for interest 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000
Total cash paid 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 1,016,667 1,200,000
Net cash flow from finacing activity - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 1,016,667 - 1,200,000
-
Net increase/decrease in cash 32,744 696,460 263,451 228,811 131,636 49,935 - 18,462 - 14,687 128,502 256,288 264,418 - 710,636 1,308,462
Beginning cash 4,137,670 4,170,414 4,866,875 5,130,326 5,359,137 5,490,773 5,540,708 5,522,246 5,507,559 5,636,061 5,892,349 6,156,768 4,137,670
Ending cash 4,170,414 4,866,875 5,130,326 5,359,137 5,490,773 5,540,708 5,522,246 5,507,559 5,636,061 5,892,349 6,156,768 5,446,131 - 2,829,208
198

Table 5.15 Cash flow Year 2014

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
cash received on cash sale 2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,91022,852,290
adjust depreciation 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
Total cash received 2,345,214 4,199,234 2,529,714 2,199,574 1,655,874 841,054 576,694 417,124 1,179,154 2,199,574 2,351,184 2,709,184 23,203,578
Cash paid -
cash piad for cost of goods sold 1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
cash paid for operating expense 568,433 438,791 201,361 193,558 179,144 157,068 154,832 155,679 166,110 193,508 197,730 210,670 2,816,884
cash paid for income tax 23,145 541,856 149,871 123,317 81,569 19,353 - 2,543 - 16,341 45,026 123,332 134,893 161,188 1,384,666
Total cash paid 2,253,602 2,897,297 2,142,407 1,874,227 1,427,939 758,289 545,019 417,645 1,036,485 1,874,192 1,998,827 2,295,472 19,521,402
Net cash flow from opreating activity 91,612 1,301,937 387,307 325,347 227,935 82,765 31,675 - 521 142,669 325,382 352,357 413,712 3,682,176
Cash flow from investment activity -
Cash reveived -
cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
Cash paid investment on operating - - - - - - - - - - - - -
Cash paid investment on administrative - - - - - - - - - - - - -
Total cash paid - - - - - - - - - - - - -
Net cash flow from investment activity - - - - - - - - - - - - -
-
Cash flow fom financing activity -
cash received -
Borrowing cash - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
- - - - - - - - - - - 1,000,000 1,000,000
cash paid for interest 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 100,000
Total cash paid 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 1,008,333 1,100,000
Net cash flow from finacing activity - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 1,008,333 - 1,100,000
-
Net increase/decrease in cash 83,278 1,293,604 378,974 317,014 219,601 74,432 23,341 - 8,854 134,335 317,049 344,024 - 594,622 2,582,176
Beginning cash 5,446,131 5,529,410 6,823,014 7,201,987 7,519,001 7,738,602 7,813,034 7,836,375 7,827,521 7,961,857 8,278,905 8,622,929 5,446,131
Ending cash 5,529,410 6,823,014 7,201,987 7,519,001 7,738,602 7,813,034 7,836,375 7,827,521 7,961,857 8,278,905 8,622,929 8,028,307 - 2,863,956
199

Chapter 6 Risk Management


200

6.1 Risk analysis

Risk is the quantifiable likelihood of loss or less-than-expected returns or


situation dissatisfaction which happen in the future and impact or operation weren’t
successful the objective and goal of organization (RMUTLL, 2009). I Love Wedding
will divide to analysis into 2 factors as follows internal forces and External forces
both operations financial and administration strategy which may be positive affect by
measured the impact got from likelihood situation.

6.1.1 External Forces

Risk caused by external forces which I Love wedding can’t expect and can’t
control, so I Love wedding had a plan for protect the risk that may happen from
external factor and support the risk that I Love Wedding will confront in the future for
the risk that happen from external factors as follows as:

1. Changing in Technology

Now the technology is rapidly changing which is the direct risk to I Love
Wedding, because part of studio of I Love Wedding such as Pre-Wedding
Photography must to use camera, Technical Photography, Photo Retouching etc. So,
the changing in technology can makes development technical, which it can create
Competitive Advantage.

For risk management in this cause I Love Wedding is always needs to follow
the news for find the information about development or changing the technology. And
bring the knowledge or information that obtain bring to adapt and development
techniques, for create expertise to retouch technical for image customers, for respond
the customer demand. Therefore, there are checking the camera or computer has
efficiency to available and up date retouch program or purchasing the equipment such
as new camera by consideration the appropriate of capital for create the different to
attract customer and set standard for creating quality work.
201

2. Changing in Customer Need

The need of customer in the purchase of product and service of I Love


Wedding may change the cause to different such as the trend of customer demand is
changes to the era which there are attitudes and lifestyle are different and want the
wedding form is unique because the customer will pay attention with wedding for the
work out is best. Moreover there are a lot of competitor’s businesses it is choice for
customer choose. In this cause are the direct risk to the business that may occur which
will affect to sales and revenue etc.

From above the reasons is risk that affects to changes the demand of buying
behavior of customer. I Love Wedding must to risk management for consideration
customer demand is important. So I Love wedding should using the Marketing
strategy is focuses on customer intimacy by through talking until can attractive of
customer demand for focus on service is expertise, decoration, image with a
professional and give consultants include pay attention to detail, whether that is Bridal
Dress Wedding invitation card Keepsake makeup and hairdo for customer satisfaction
with our services. Furthermore we can create the variety packages for respond the
customer demand.

3. Economic Condition

This economic problem is a big problem in Thailand. Its affect to the customer
population has decreased significantly. Investment in private is lower all over
investment in country and foreign country, public spending that reduced because of
lower revenues. So the people must be more carefully in spending its make the
purchase are decrease (Eureka, 2008). That problem are risk that affect to decrease
sales.

From above the reasons, I Love Wedding must manage risk by setting the
strategy are appropriate by promote increase sales in during the festival. Moreover I
Love wedding provide variety package for respond to all level of customer demand
which has several levels such as low, middle, and high level for customer decision to
202

buy. In not well economic period it’s make the customer satisfaction and affect to
increase sales. When variety product and service the customer can has more choice.
Moreover its can make the customer satisfaction and can attract a lot of customers.
When we creating these strength the competitor difficult to enter the market. So, I
Love Wedding can expand market for increase the customer and market share is well,
and later can make high profit.

4. Competitive Condition

There are many entrepreneurs interested to open wedding studio that gives full
service in Chiang Rai. After that the wedding studio business becomes the business
which is very popular. Then the affects of wedding business is high competition.
Then, it makes more growth market and there are varieties of products and services
that customers can make decision for choosing. So, there is capacity in competitive
condition in the market. Then, there is cut pricing between competitions which it
affects to market share. In this reason, it is risk that can affect to I Love Wedding
which it can reduce sales.
From above reasons, I Love Wedding must to determine strategy for
competing with competitors in the market by looking opportunity to build
differentiation in our products and services, prices, place, promotion for increase
quality of products and services for efficient. When there are varieties of products and
services which the customers have more choices for decision buying. Therefore, it can
make customer satisfaction and more attractive customers. If I Love Wedding is
strength which the others competitors is difficult to entry market, so I Love Wedding
can expand the market which there are increase customers. Then, Market Share will
improve which it makes more profit.

5. The risk of fire

The peril going on from fire lack of control which it’s will make spread follow
that is the fuel and burn continues. The conditions of fire will severely if there are fuel
supports which I Love Wedding there are many risk that going on the fire every time.
Therefore, I love wedding store located near the Chiang Rai Wood and about 800
mate near PTT station because it is high risk to bomb and burn of fire at all time.
203

Thus, I Love Wedding store get direct effect because our store have a lot of bridal
dress and another equipment that is a good fuel make more spread and severe a fire.
The result of fire it is a cause of lost of money and a lot of damage property.
Therefore I love wedding store do fire insurance with Muang Thai Insurance with
limits protection is 1,000,000 baht.

6.1.2 Internal Forces

Internal forces are many causes including as operating risk which executive can look
and control because these risk is under operating of I Love Wedding. Internal forces
as follows as:

1. Human Resources

The risk maybe occurs with employee of wedding studio which every
organization must be confronting with risk. The recruitment employee in each
position can make risks. Wedding studio can’t predict the performance of employee in
each position that has efficiency or not, because we can select employee from
qualification that suitable for each position only, so it can not know the competency of
each employee immediately. In the photographer can get direct risk of outside
working, so the risk of vehicle accident at every time.
For above reasons, I Love Wedding should give benefits to employees such as
accident insurance. Furthermore, it gives reward to superbly employee that there
responsible and diligent of your duty. Additionally, we can give salary to employees
in over time by working. All this reason, it makes customer satisfaction and encourage
for working. Every employees of I Love Wedding like family. It can create harmony
the better in organization.

2. Integrity Risk

The honest and integrity of employees is an important risk for working which if
employees are not honest in responsibility of your assigned. Then, there is not trust
between employers and employees which the business will not progress will not
204

progress. Therefore, I Love Wedding should define policy to assign in duty for each
employee. Then, we take care to guide and advisor to employee for working
efficiently.

Employee Fraud

The employees of each position have duty to responsibility for working.


However, each employee should honest of their assignment. If there is employee
fraud which it affect to organization as follows:

• Marketing department
Employee in this department is responsible to find customer such as there is
make differentiation channels to promote our store for increase customers. Then,
employee build impressive in our services to customer satisfaction and can attractive.
But, in this department maybe occur employee’s fraud. For example, survey to find
new customer and market, but they aren’t to do. It can make affect to sales and market
share.
From above reasons, employee in this department should to record information
in each day for working. It should to do by team work for creating high quality of
work such as personal relation for products and services by event. Finally, employees
should harmonious.

• Accounting department
Employees are responsible to made financial and accounting. Employee fraud
will often happen easily, because the employees in this department maybe fail to
record accounting, so there is always submit to manager for checking in every time.

3. Time management risk

When there are many customers come to the store which is more than the
employees can responsible, so these might cause the problems of time management
and other of problems as following:
205

o Delay of delivery
The store will lose of trust and get dissatisfaction from the customers and
some customers may change the store. These problems is causes of decrease our
revenue.
Solution: The store has to call to customers to postpone a date of deliver the
product. Moreover the store should give a premium gift to say sorry to customers and
make them know how care of customers that store is. Then, say sorry and tell them
this problem will not happen again.

o Customer is late
If the customers who is already has an appointment is late or does not come,
the store may lose a customer on that day and lose of revenue as well.
Solution: The store has to set up the rules for customers such as “If a customer
who are late, they have to make a new appointment again”

4. Financial Risk

Financial management is varying important. It needs to be managing with


circumspection, because the financial risk can affect the operations of our business

Decrease in sale

- If the company’s total sale decreases by 2%, it will affect to our company’s
sale revenue as follow:

Year 2010 sale revenue is 10,196,175 Baht


Year 2011 sale revenue is 12,750,770 Baht
Year 2012 sale revenue is 15,890,308 Baht
Year 2013 sale revenue is 17,917,330 Baht
Year 2014 sale revenue is 22,395,244 Baht

- If the company sale revenue decreases by 2%, it will affect to our company’s
net income as follow:
206

Year 2010 Net income is 60,080 Baht


Year 2011 Net income is 681,680 Baht
Year 2012 Net income is 1,663,827 Baht
Year 2013 Net income is 1,701,212 Baht
Year 2014 Net income is 2,910,956 Baht

Therefore, if company’s total sale decrease by 2%, it will affect to our


company’s payback period is 3 years and 226 days.

- If the company’s total sale decreases by 3%, it will affect to our company’s
sale revenue as follow:

Year 2010 sale revenue is 10,092,132 Baht


Year 2011 sale revenue is 12,620,660 Baht
Year 2012 sale revenue is 15,728,162 Baht
Year 2013 sale revenue is 17,734,500 Baht
Year 2014 sale revenue is 22,166,721 Baht

- If the company sale revenue decreases by 3%, it will affect to our company’s
net income as follow:

Year 2010 Net income is 132,910 Baht


Year 2011 Net income is 590,603 Baht
Year 2012 Net income is 1,550,325 Baht
Year 2013 Net income is 1,573,231 Baht
Year 2014 Net income is 2,750,990 Baht

Therefore, if company’s total sale decrease by 3%, it will affect to our


company’s payback period is 3 years and 347 days.

- If the company’s total sale decreases by 4%, it will affect to our company’s
sale revenue as follow:
207

Year 2010 sale revenue is 9,988,090 Baht


Year 2011 sale revenue is 12,490,550 Baht
Year 2012 sale revenue is 15,566,016 Baht
Year 2013 sale revenue is 17,551,670 Baht
Year 2014 sale revenue is 21,938,198 Baht

- If the company sale revenue decreases by 4%, it will affect to our company’s net
income as follow:

Year 2010 Net income is 205,740 Baht


Year 2011 Net income is 499,526 Baht
Year 2012 Net income is 1,436,823 Baht
Year 2013 Net income is 1,445,250 Baht
Year 2014 Net income is 2,591,024 Baht

Therefore, if company’s total sale decrease by 4%, it will affect to our


company’s payback period is 4 years and 124 days.

D ecreases in T otal S a les betw een Y ea r 2 0 1 0 -20 1 4

25,000,000
20,000,000
Total Sales

Year 2010
15,000,000
Year 2011
10,000,000
Year 2012
5,000,000
Year 2013
0
Year 2014
2% 3% 4%
P ercentage

Figure 6.1 Decreases in Total Sales between Year 2010-2014

So, if company’s total sale continuing to decrease more than 4%, it will affect
to our company’s payback period will be longer.
208

Increases in interest rate

If interest rate increases by 1%, that is 11%, the payback period is 3 years and 58 days
If interest rate increases by 2%, that is 12%, the payback period is 3 years and 73 days
If interest rate increases by 3%, that is 13%, the payback period is 3 years and 88 days

Increase of Interest rate

3.24
3.22
3.2
Year

3.18
3.16
3.14
3.12
1% 2% 3%
Percentage

Figure 6.2 Increase of Interest rate

Therefore, if interest rate increases in to 11%, 12%, and 13%, it is no affect


much to our company’ payback period.

Increase in cost/expense

- If the company’s cost/expense increases by 2%, it will affect to our


company’s net income as follow:

Year 2010 Net income is 58,451 Baht


Year 2011 Net income is 833,350 Baht
Year 2012 Net income is 1,858,803 Baht
Year 2013 Net income is 1,924,735 Baht
Year 2014 Net income is 3,196,370 Baht

Therefore, if company’s cost/expense increases by 2%, it will affect to our


company’s payback period is 3 years and 66 day.
209

- If the company’s cost/expense increases by 4%, it will affect to our


company’s net income as follow:
Year 2010 Net income is 31,322 Baht
Year 2011 Net income is 802,866 Baht
Year 2012 Net income is 1,826,774 Baht
Year 2013 Net income is 1,892,296 Baht
Year 2014 Net income is 3,161,851 Baht

Therefore, if company’s cost/expense increases by 4%, it will affect to our


company’s payback period is 3 years and 88 days.

- If the company’s cost/expense increases by 6%, it will affect to our


company’s net income as follow:
Year 2010 Net income is 4,194 Baht
Year 2011 Net income is 772,382 Baht
Year 2012 Net income is 1,794,745 Baht
Year 2013 Net income is 1,859,857 Baht
Year 2014 Net income is 3,127,333 Baht

Therefore, if company’s cost/expense increases by 6%, it will affect to our


company’s payback period is 3 years and 113 days

Increase in Costs/Expenese

3,500,000
Total Net Income

3,000,000 Year 2010


2,500,000 Year 2011
2,000,000
Year 2012
1,500,000
1,000,000 Year 2013
500,000 Year 2014
0
2% 4% 6%
Percentage

Figure 6.3 Increases in Costs/ Expenses

So, if company’s cost/expense continuing to increases more than 6%, it will


affect to our company’s payback period will be longer.
210

6.2 Conclusion of Risk Management

Risk is the opportunity that I Love Wedding Company will get loss income or
the business can’t operate successful to target planning. Our company’s risk can divide
to 2 parts. First is risk from external factor. Second is risk from internal factor. The
external factor risk is hard to predict and can not to control, such as Technology risk,
economic risk, changing in demand of customer risk and have competitor risk. The
internal factor risk is we often to confront in the organization, and it is the risk that we
can control it, such as integrity risk, human resources risk, employee fraud risk, and
time management risk. The last risk is financial risk, such as if our income have to
reduce it is directly to effect to our company’s income will also reduce too, in the same
time, if our company expense increase, it will effect to our company’s pay back period
will have long time. About interest rate is not more effect to our company, because it
effect a little in our income statement, so financial risk is important to our company. We
must always to maintain and control cost, in addition we should to development
marketing strategy of company for attracting more customers, that is to increase our
company net income and our business can continue to survive.
211

Chapter 7 Summary
212

7.1 Summary of project feasibility study

Today's the cultures of marriage are varying in each local and always change
by the era, so most people tend to take on more works and no time to prepare their
own wedding. Therefore, adoption services package for wedding even more
convenience to the wedding Chiang Rai province has a total population of 1,227,317
people (Ministry of Commerce Thailand, 2009) and the average marriage in the month

is two to three pairs. Business Service Packages for wedding also rapidly increasing.
Although the economy of Chiang Rai is slow down, but does not impede this business
because marriage is a noted social reason that is difficult to avoid and to be held as the
equation. Money is the main factor bringing these words, but some details of the
work, customers will begin to consider the budget in a more organized but not to
pressure on prices with operators. In overall, the customers want to see the best
wedding and from the idea that would marry once in your life. It is important logic
that wedding business is not affected by the economic crisis. A key issue to do
business is the presentation of package to meet customers' changing lifestyle because
the marriage of young people in this age changes from the previous and the form of
life changing and a wider range of lifestyle while mate most want to work out the best
wedding. It is not surprising that weddings services business will grow hostile to the
economic slowdown and the wedding become a factor in life already. Therefore, no
matter that the economy will not work, people still would be married. As well as
customers who are married is not only Thai, but also including foreign who are much
wealthier than Thai.
Back for 10 years, the wedding business came from Taiwan and that make
Thai wedding become more colorful. The famous thing for wedding couple in that
time are a photograph album before marriage, shooting video presentation, and the
wedding outside place such as sea or parks to escape from the monotonous where is
not only in hotel. And wedding photography will focus on bride groom photo sets
each half with the national series. At the beginning, wedding studio is happens to
serve customers who want to taking wedding photography. Moreover customer can
design their format and detail of wedding by themselves. In addition the customer can
specification the budget for made the wedding. The core services for wedding studio
has included consulting services in all stages of preparation planning the concept of
marriage, location, flower arrangements, music, wedding gown rental, makeup and
213

hairdo, wedding pictures, wedding day pictures and video presentation, wedding card
design, keepsake, a planning honeymoon packages and other services with full
instructions. All services will start from listening to customer needs which is a
cornerstone to work with perfectly as possible.
Competition in each wedding studio is high following the economic conditions
and expanded customer base. The attitudes of consumers are changing from
previously not seen the importance of photography and think it is expensive.
Nowadays the market expansion make customer focused more in photograph with a
self portrait, family, and the various festivals. As well as the promotion campaign is
the package make price is lower; this is another factor that makes this business more
expands. For wedding studio business in Chiang Rai have a few entrepreneur. The
main of wedding studio are seven stores such as Ton Aor Wedding Studio &
Organizer, Ton Rak Rojanaporn, Wedding Studio, Mild Studio, Jitpanu Bridal Studio,
Memory Studio, and Imperial Wedding Studio. And those wedding studio are small
business, and provide a customer service just in basic services such as photography,
bridal dresses, makeup and hairdo, card, keepsake, and video presentation. Wedding
studio in Chiang Rai is still not providing in comprehensive wedding service business
yet. Chiangrai has a total population about 1,227,317 people and in 2008 has
registered a marriage certificate about 4,906 pairs per year which it has increase from
last year. Wedding Studio business in Chiang Rai trends to grow up in the future.
From sale forecast of I love wedding in each year, it can clearly to represent
that season is the factors to influence total sales for I love wedding, such as in winter,
it is between October to March, which is in quarter 4 and quarter 1. That is high
season period in every year, because this period has high demand of customers to use
wedding service, especially bride and groom that favor wedding in winter, and
graduate person in the beginning of the y8ear, therefore it make I love wedding store
increase growth rate rapidly in winter and increase trend of total sale in every year. In
summer, it is between in April to June, which is in quarter 2 of each year. I love
wedding have moderate in total sale, because customer also use some service with
wedding studio. In this period, we do marketing continue by advertising product and
service for I love wedding, so this period not much affect to our total sale. Then, we
believe for every year in summer, I love wedding will increase the potential growth of
total sales. During in rainy season, it is between in July to September, which is in
quarter 3 of each year. It has declining demand of customer for use wedding services,
214

when compare with other quarter, because mostly of customer does not favor to
wedding in rainy season. However, I love wedding also have high total sale from
another service, such as studio photograph and other photograph, because we continue
doing advertising, and always adjust marketing strategy to suitable with situation.
Then, during in rainy season will not effect for our total sale, and we also believe in
each year of rainy season period will increase the potential of total sales.
I Love Wedding will provide many products and services to customer. Our
products are include that, first, bridal dress and groom suite that can divide in to 3 style
of wedding dress, such as bridal dress styles, Thai traditional styles, and Chinese
traditional styles. Second, Luis frame. Third, Crystal LCD album will provide into
many kinds, type and size to customers. Forth, Keepsake, and wedding invitation card
that also have many type, style, and many colors. We have order these product from
wholesale store in Bangkok. Because can reduce cost of our product.
Our company’s services will provide comfortable to customers. First,
Photograph, we will sent image file thought the internet then order they to make photo
copy, they also provide free price logistic to our company, so we will savings in cost
and then to reduce operation time. Second, Music, we have arranged many wedding’s
musical then we will sale to the customer with moderate price. Third, Make up and hire
do, we will deal with makeup artist with more than 10 years experience in Bando. Forth,
Flowers arrangement, we will deal with flowers shop in Muang Chiang Rai, it can
reduce the operation time in our company more and more. Fifth, booking hotel, our
company will to book hotel services to customer for free if their want, because we take
care to customer and we try to make convenience to customers to satisfaction and feel
happily.
Our service process, in first we will introduce our product and give
consultation to customer until they purchase our product and service. I Love Wedding
Store have to purchase the important equipments, that is camera to take photo for 2 unit
and record VDO camera for 1 unit, it is to increase picture’s resolution and distinct,
then to get the customer’s picture has beautiful image. Our store has locate in 324/ 2
Moo.12, Robwiang, Muang District, Chiang Rai 57000, which is locate in front of
Super-hiway road, because transportation is convenient and also convenient to customer
too.
In part of management, can device into two operation period time. The first is
pre-operation period, have to study and make decision to total cost of setting
215

equipments in company, total cost of interior store, pay for billboard tax, and company
limited registration cost, which is we have to communicate to Office of commercial
Affairs Chiang Rai. In operation time period, will include many expense, such as utility
expense per month in store, and administration cost per month, additional including
employee salary. Our employees will recruit and selected by the company’s
qualification that have setting in position, task and responsibility of employees. We will
increase knowledge of employee and train them to be expert on work, which are they
will work effectively on their job.
Risk is the opportunity that I Love Wedding Company will get loss income or
the business can’t operate successful to target planning. Our company’s risk can divide
to 2 parts. First is risk from external factor. Second is risk from internal factor. The
external factor risk is hard to predict and can not to control, such as Technology risk,
economic risk, changing in demand of customer risk and have competitor risk. The
internal factor risk is we often to confront in the organization, and it is the risk that we
can control it, such as integrity risk, human resources risk, employee fraud risk, and
time management risk. The last risk is financial risk, such as if our income have to
reduce it is directly to effect to our company’s income will also reduce too, in the same
time, if our company expense increase, it will effect to our company’s pay back period
will have long time. About interest rate is not more effect to our company, because it
effect a little in our income statement, so financial risk is important to our company. We
must always to maintain and control cost, in addition we should to development
marketing strategy of company for attracting more customers, that is to increase our
company net income and our business can continue to survive.
In conclusion, I Love Wedding has a feasibility to invest in Chiang Rai
market, because in this market is interesting that can do the business which it can gain
profit and successful.
216

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219

Appendix
I

Interest rate increase by 1%


Loan 5,000,000
Loan interest rate 11% /year

5 years Re principal Balance loan Interests Cash paid


Y1 5,000,000 1,000,000 4,000,000 550,000 5,550,000
Y2 4,000,000 1,000,000 3,000,000 440,000 4,440,000
Y3 3,000,000 1,000,000 2,000,000 330,000 3,330,000
Y4 2,000,000 1,000,000 1,000,000 220,000 2,220,000
Y5 1,000,000 1,000,000 - 110,000 1,110,000

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
Cost of good sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
Gross Income 397,364 439,526 323,337 222,748 137,231 97,457 52,311 78,803 136,037 222,748 395,573 438,332 2,941,465

Operating expense
Selling 49,824 53,816 43,116 33,256 25,192 21,358 17,067 19,424 25,012 33,456 49,704 53,736 424,961
General & Administrative 464,752 93,530 93,550 93,700 93,640 93,710 98,412 103,050 93,320 93,820 94,000 97,320 1,512,804
Pre-investment expense 14,855 - - - - - - - - - - - 14,855
Depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total operating expenses 559,980 177,895 167,215 157,505 149,381 145,617 146,028 153,023 148,881 157,825 174,253 181,605 2,319,208

Income before interest and tax - 162,616 261,631 156,122 65,243 - 12,150 - 48,160 - 93,717 - 74,220 - 12,844 64,923 221,320 256,726 622,257
Interest expense 45,833 45,833 45,833 45,833 45,833 45,833 45,833 45,833 45,833 45,833 45,833 45,833 550,000
Income (Loss) Before Income Taxes - 208,449 215,797 110,288 19,409 - 57,983 - 93,994 - 139,551 - 120,053 - 58,678 19,089 175,487 210,893 72,257
Provision (Benefit) for income taxes - 62,535 64,739 33,087 5,823 - 17,395 - 28,198 - 41,865 - 36,016 - 17,603 5,727 52,646 63,268 21,677
Net income (loss) for the year - 145,914 151,058 77,202 13,587 - 40,588 - 65,796 - 97,686 - 84,037 - 41,074 13,363 122,841 147,625 50,580
Retained Earnings - 145,914 5,144 82,346 95,932 55,344 - 10,452 - 108,137 - 192,174 - 233,249 - 219,886 - 97,045 50,580 50,580
II

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
Cost of good sold 1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
Gross Income 481,090 1,236,532 451,015 222,748 155,884 99,845 67,979 81,788 137,231 323,337 438,929 481,687 4,178,066

Operating expense
Selling 57,769 248,737 55,173 33,256 27,026 21,518 18,702 19,623 25,092 43,116 53,776 57,808 661,596
General & Administrative 463,552 94,220 93,750 93,900 94,000 93,950 98,862 103,650 93,840 94,140 94,340 97,630 1,515,834
Pre-investment expense - - - - - - - - - - - - -
Depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total operating expenses 551,870 373,506 179,472 157,705 151,575 146,017 148,113 153,822 149,481 167,805 178,665 185,987 2,544,018

Income before interest and tax - 70,780 863,026 271,544 65,043 4,309 - 46,171 - 80,134 - 72,034 - 12,250 155,532 260,263 295,700 1,634,048
Interest expense 36,667 36,667 36,667 36,667 36,667 36,667 36,667 36,667 36,667 36,667 36,667 36,667 440,000
Income (Loss) Before Income Taxes - 107,446 826,360 234,877 28,376 - 32,357 - 82,838 - 116,801 - 108,700 - 48,917 118,865 223,597 259,033 1,194,048
Provision (Benefit) for income taxes - 32,234 247,908 70,463 8,513 - 9,707 - 24,851 - 35,040 - 32,610 - 14,675 35,660 67,079 77,710 358,214
Net income (loss) for the year - 75,212 578,452 164,414 19,863 - 22,650 - 57,987 - 81,760 - 76,090 - 34,242 83,206 156,518 181,323 835,834
Retained Earnings - 24,633 553,819 718,233 738,096 715,446 657,459 575,699 499,609 465,367 548,573 705,090 886,413 835,834
III

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
Cost of good sold 1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
Gross Income 537,726 2,079,888 537,726 323,337 185,362 129,323 67,979 95,666 223,942 439,526 496,162 538,920 5,655,558

Operating expense
Selling 63,317 298,809 63,317 42,916 29,582 24,074 18,702 21,139 33,236 53,816 59,364 63,396 771,668
General & Administrative 465,152 94,010 93,820 93,850 93,870 93,800 98,652 103,580 93,860 94,050 94,140 97,330 1,516,114
Pre-investment expense - - - - - - - - - - - - -
Depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total operating expenses 559,018 423,368 187,686 167,315 154,001 148,423 147,903 155,268 157,645 178,415 184,053 191,275 2,654,370

Income before interest and tax - 21,292 1,656,520 350,041 156,022 31,361 - 19,100 - 79,924 - 59,602 66,297 261,111 312,109 347,645 3,001,188
Interest expense 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 330,000
Income (Loss) Before Income Taxes - 48,792 1,629,020 322,541 128,522 3,861 - 46,600 - 107,424 - 87,102 38,797 233,611 284,609 320,145 2,671,188
Provision (Benefit) for income taxes - 14,637 488,706 96,762 38,557 1,158 - 13,980 - 32,227 - 26,131 11,639 70,083 85,383 96,044 801,356
Net income (loss) for the year - 34,154 1,140,314 225,778 89,965 2,703 - 32,620 - 75,197 - 60,971 27,158 163,527 199,226 224,102 1,869,832
Retained Earnings 852,259 1,992,573 2,218,352 2,308,317 2,311,020 2,278,400 2,203,203 2,142,232 2,169,390 2,332,917 2,532,143 2,756,245 1,869,832
IV

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
Revenue
Sales 2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520
Cost of good sold 1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244
Gross Income 581,679 1,352,721 537,726 482,881 329,307 200,434 97,457 109,544 324,531 526,237 539,517 582,276

Operating expense
Selling 67,429 259,437 63,317 57,688 43,314 31,178 21,258 22,655 42,896 61,960 63,436 67,468
General & Administrative 463,352 94,220 93,930 94,200 93,820 93,800 98,452 103,750 93,940 94,030 94,220 97,310
Pre-investment expense - - - - - - - - - - - -
Depreciation 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274
Total operating expenses 560,055 382,931 186,521 181,162 166,408 154,252 148,984 155,679 166,110 185,264 186,930 194,052

Income before interest and tax 21,624 969,790 351,206 301,719 162,899 46,182 - 51,527 - 46,135 158,421 340,973 352,587 388,224
Interest expense 18,333 18,333 18,333 18,333 18,333 18,333 18,333 18,333 18,333 18,333 18,333 18,333
Income (Loss) Before Income Taxes 3,291 951,457 332,872 283,386 144,565 27,849 - 69,861 - 64,468 140,088 322,639 334,254 369,890
Provision (Benefit) for income taxes 987 285,437 99,862 85,016 43,370 8,355 - 20,958 - 19,341 42,026 96,792 100,276 110,967
Net income (loss) for the year 2,304 666,020 233,011 198,370 101,196 19,494 - 48,902 - 45,128 98,061 225,848 233,978 258,923
Retained Earnings 2,758,549 3,424,568 3,657,579 3,855,949 3,957,145 3,976,639 3,927,737 3,882,609 3,980,670 4,206,518 4,440,496 4,699,419
V

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
Revenue
Sales 2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,910
Cost of good sold 1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615
Gross Income 653,915 2,253,310 709,265 612,948 459,373 229,912 154,690 109,544 324,531 612,948 655,706 756,295

Operating expense
Selling 74,017 315,097 77,707 69,904 55,530 33,734 26,846 22,655 42,896 70,104 74,136 83,796
General & Administrative 465,142 94,420 94,380 94,380 94,340 94,060 98,712 103,750 93,940 94,130 94,320 97,600
Pre-investment expense - - - - - - - - - - - -
Depreciation 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274
Total operating expenses 568,433 438,791 201,361 193,558 179,144 157,068 154,832 155,679 166,110 193,508 197,730 210,670

Income before interest and tax 85,482 1,814,519 507,905 419,390 280,229 72,844 - 142 - 46,135 158,421 419,440 457,976 545,625
Interest expense 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167
Income (Loss) Before Income Taxes 76,316 1,805,352 498,738 410,223 271,063 63,678 - 9,309 - 55,302 149,254 410,273 448,810 536,458
Provision (Benefit) for income taxes 22,895 541,606 149,621 123,067 81,319 19,103 - 2,793 - 16,591 44,776 123,082 134,643 160,938
Net income (loss) for the year 53,421 1,263,747 349,117 287,156 189,744 44,574 - 6,516 - 38,711 104,478 287,191 314,167 375,521
Retained Earnings 4,752,840 6,016,587 6,365,703 6,652,859 6,842,603 6,887,178 6,880,662 6,841,950 6,946,428 7,233,620 7,547,786 7,923,307
VI

Interest rate increase by 2%


Loan 5,000,000
Loan interest rate 12% /year

5 years Re principal Balance loan Interests Cash paid


Y1 5,000,000 1,000,000 4,000,000 600,000 5,600,000
Y2 4,000,000 1,000,000 3,000,000 480,000 4,480,000
Y3 3,000,000 1,000,000 2,000,000 360,000 3,360,000
Y4 2,000,000 1,000,000 1,000,000 240,000 2,240,000
Y5 1,000,000 1,000,000 - 120,000 1,120,000

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
Cost of good sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
Gross Income 397,364 439,526 323,337 222,748 137,231 97,457 52,311 78,803 136,037 222,748 395,573 438,332 2,941,465

Operating expense
Selling 49,824 53,816 43,116 33,256 25,192 21,358 17,067 19,424 25,012 33,456 49,704 53,736 424,961
General & Administrative 464,752 93,530 93,550 93,700 93,640 93,710 98,412 103,050 93,320 93,820 94,000 97,320 1,512,804
Pre-investment expense 14,855 - - - - - - - - - - - 14,855
Depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total operating expenses 559,980 177,895 167,215 157,505 149,381 145,617 146,028 153,023 148,881 157,825 174,253 181,605 2,319,208

Income before interest and tax - 162,616 261,631 156,122 65,243 - 12,150 - 48,160 - 93,717 - 74,220 - 12,844 64,923 221,320 256,726 622,257
Interest expense 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 600,000
Income (Loss) Before Income Taxes - 212,616 211,631 106,122 15,243 - 62,150 - 98,160 - 143,717 - 124,220 - 62,844 14,923 171,320 206,726 22,257
Provision (Benefit) for income taxes - 63,785 63,489 31,837 4,573 - 18,645 - 29,448 - 43,115 - 37,266 - 18,853 4,477 51,396 62,018 6,677
Net income (loss) for the year - 148,831 148,141 74,285 10,670 - 43,505 - 68,712 - 100,602 - 86,954 - 43,991 10,446 119,924 144,708 15,580
Retained Earnings - 148,831 - 690 73,596 84,266 40,761 - 27,952 - 128,554 - 215,508 - 259,499 - 249,053 - 129,129 15,580 15,580
VII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
481,090 1,236,532 451,015 222,748 155,884 99,845 67,979 81,788 137,231 323,337 438,929 481,687 4,178,066

57,769 248,737 55,173 33,256 27,026 21,518 18,702 19,623 25,092 43,116 53,776 57,808 661,596
463,552 94,220 93,750 93,900 94,000 93,950 98,862 103,650 93,840 94,140 94,340 97,630 1,515,834
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
551,870 373,506 179,472 157,705 151,575 146,017 148,113 153,822 149,481 167,805 178,665 185,987 2,544,018

- 70,780 863,026 271,544 65,043 4,309 - 46,171 - 80,134 - 72,034 - 12,250 155,532 260,263 295,700 1,634,048
40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 480,000
- 110,780 823,026 231,544 25,043 - 35,691 - 86,171 - 120,134 - 112,034 - 52,250 115,532 220,263 255,700 1,154,048
- 33,234 246,908 69,463 7,513 - 10,707 - 25,851 - 36,040 - 33,610 - 15,675 34,660 66,079 76,710 346,214
- 77,546 576,118 162,080 17,530 - 24,983 - 60,320 - 84,094 - 78,424 - 36,575 80,872 154,184 178,990 807,834
- 61,966 514,152 676,233 693,763 668,779 608,459 524,366 445,942 409,367 490,239 644,424 823,413 807,834
VIII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
537,726 2,079,888 537,726 323,337 185,362 129,323 67,979 95,666 223,942 439,526 496,162 538,920 5,655,558

63,317 298,809 63,317 42,916 29,582 24,074 18,702 21,139 33,236 53,816 59,364 63,396 771,668
465,152 94,010 93,820 93,850 93,870 93,800 98,652 103,580 93,860 94,050 94,140 97,330 1,516,114
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
559,018 423,368 187,686 167,315 154,001 148,423 147,903 155,268 157,645 178,415 184,053 191,275 2,654,370

- 21,292 1,656,520 350,041 156,022 31,361 - 19,100 - 79,924 - 59,602 66,297 261,111 312,109 347,645 3,001,188
30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 360,000
- 51,292 1,626,520 320,041 126,022 1,361 - 49,100 - 109,924 - 89,602 36,297 231,111 282,109 317,645 2,641,188
- 15,387 487,956 96,012 37,807 408 - 14,730 - 32,977 - 26,881 10,889 69,333 84,633 95,294 792,356
- 35,904 1,138,564 224,028 88,215 953 - 34,370 - 76,947 - 62,721 25,408 161,777 197,476 222,352 1,848,832
787,509 1,926,073 2,150,102 2,238,317 2,239,270 2,204,900 2,127,953 2,065,232 2,090,640 2,252,417 2,449,893 2,672,245 1,848,832
IX

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520 18,282,990
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
581,679 1,352,721 537,726 482,881 329,307 200,434 97,457 109,544 324,531 526,237 539,517 582,276 5,664,310

67,429 259,437 63,317 57,688 43,314 31,178 21,258 22,655 42,896 61,960 63,436 67,468 802,036
463,352 94,220 93,930 94,200 93,820 93,800 98,452 103,750 93,940 94,030 94,220 97,310 1,515,024
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
560,055 382,931 186,521 181,162 166,408 154,252 148,984 155,679 166,110 185,264 186,930 194,052 2,668,348

21,624 969,790 351,206 301,719 162,899 46,182 - 51,527 - 46,135 158,421 340,973 352,587 388,224 2,995,963
20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 240,000
1,624 949,790 331,206 281,719 142,899 26,182 - 71,527 - 66,135 138,421 320,973 332,587 368,224 2,755,963
487 284,937 99,362 84,516 42,870 7,855 - 21,458 - 19,841 41,526 96,292 99,776 110,467 826,789
1,137 664,853 231,844 197,203 100,029 18,328 - 50,069 - 46,295 96,895 224,681 232,811 257,757 1,929,174
2,673,382 3,338,235 3,570,079 3,767,283 3,867,312 3,885,639 3,835,570 3,789,276 3,886,170 4,110,851 4,343,662 4,601,419 1,929,174
X

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,910 22,852,290
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
653,915 2,253,310 709,265 612,948 459,373 229,912 154,690 109,544 324,531 612,948 655,706 756,295 7,532,438

74,017 315,097 77,707 69,904 55,530 33,734 26,846 22,655 42,896 70,104 74,136 83,796 946,422
465,142 94,420 94,380 94,380 94,340 94,060 98,712 103,750 93,940 94,130 94,320 97,600 1,519,174
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
568,433 438,791 201,361 193,558 179,144 157,068 154,832 155,679 166,110 193,508 197,730 210,670 2,816,884

85,482 1,814,519 507,905 419,390 280,229 72,844 - 142 - 46,135 158,421 419,440 457,976 545,625 4,715,555
10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 120,000
75,482 1,804,519 497,905 409,390 270,229 62,844 - 10,142 - 56,135 148,421 409,440 447,976 535,625 4,595,555
22,645 541,356 149,371 122,817 81,069 18,853 - 3,043 - 16,841 44,526 122,832 134,393 160,688 1,378,666
52,838 1,263,163 348,533 286,573 189,161 43,991 - 7,099 - 39,295 103,895 286,608 313,583 374,938 3,216,888
4,654,257 5,917,420 6,265,953 6,552,526 6,741,687 6,785,678 6,778,578 6,739,284 6,843,178 7,129,786 7,443,370 7,818,307 3,216,888
XI

Interest rate increase by 3%


Loan 5,000,000
Loan interest rate 13% /year

5 years Re principal Balance loan Interests Cash paid


Y1 5,000,000 1,000,000 4,000,000 650,000 5,650,000
Y2 4,000,000 1,000,000 3,000,000 520,000 4,520,000
Y3 3,000,000 1,000,000 2,000,000 390,000 3,390,000
Y4 2,000,000 1,000,000 1,000,000 260,000 2,260,000
Y5 1,000,000 1,000,000 - 130,000 1,130,000

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
Cost of good sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
Gross Income 397,364 439,526 323,337 222,748 137,231 97,457 52,311 78,803 136,037 222,748 395,573 438,332 2,941,465

Operating expense
Selling 49,824 53,816 43,116 33,256 25,192 21,358 17,067 19,424 25,012 33,456 49,704 53,736 424,961
General & Administrative 464,752 93,530 93,550 93,700 93,640 93,710 98,412 103,050 93,320 93,820 94,000 97,320 1,512,804
Pre-investment expense 14,855 - - - - - - - - - - - 14,855
Depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total operating expenses 559,980 177,895 167,215 157,505 149,381 145,617 146,028 153,023 148,881 157,825 174,253 181,605 2,319,208

Income before interest and tax - 162,616 261,631 156,122 65,243 - 12,150 - 48,160 - 93,717 - 74,220 - 12,844 64,923 221,320 256,726 622,257
Interest expense 54,167 54,167 54,167 54,167 54,167 54,167 54,167 54,167 54,167 54,167 54,167 54,167 650,000
Income (Loss) Before Income Taxes - 216,782 207,464 101,955 11,076 - 66,317 - 102,327 - 147,884 - 128,386 - 67,011 10,756 167,153 202,560 - 27,743
Provision (Benefit) for income taxes - 65,035 62,239 30,587 3,323 - 19,895 - 30,698 - 44,365 - 38,516 - 20,103 3,227 50,146 60,768 - 8,323
Net income (loss) for the year - 151,748 145,225 71,369 7,753 - 46,422 - 71,629 - 103,519 - 89,870 - 46,908 7,529 117,007 141,792 - 19,420
Retained Earnings - 151,748 - 6,523 64,846 72,599 26,177 - 45,452 - 148,970 - 238,841 - 285,749 - 278,219 - 161,212 - 19,420 - 19,420
XII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
481,090 1,236,532 451,015 222,748 155,884 99,845 67,979 81,788 137,231 323,337 438,929 481,687 4,178,066

57,769 248,737 55,173 33,256 27,026 21,518 18,702 19,623 25,092 43,116 53,776 57,808 661,596
463,552 94,220 93,750 93,900 94,000 93,950 98,862 103,650 93,840 94,140 94,340 97,630 1,515,834
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
551,870 373,506 179,472 157,705 151,575 146,017 148,113 153,822 149,481 167,805 178,665 185,987 2,544,018

- 70,780 863,026 271,544 65,043 4,309 - 46,171 - 80,134 - 72,034 - 12,250 155,532 260,263 295,700 1,634,048
40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 480,000
- 110,780 823,026 231,544 25,043 - 35,691 - 86,171 - 120,134 - 112,034 - 52,250 115,532 220,263 255,700 1,154,048
- 33,234 246,908 69,463 7,513 - 10,707 - 25,851 - 36,040 - 33,610 - 15,675 34,660 66,079 76,710 346,214
- 77,546 576,118 162,080 17,530 - 24,983 - 60,320 - 84,094 - 78,424 - 36,575 80,872 154,184 178,990 807,834
- 61,966 514,152 676,233 693,763 668,779 608,459 524,366 445,942 409,367 490,239 644,424 823,413 807,834
XIII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
537,726 2,079,888 537,726 323,337 185,362 129,323 67,979 95,666 223,942 439,526 496,162 538,920 5,655,558

63,317 298,809 63,317 42,916 29,582 24,074 18,702 21,139 33,236 53,816 59,364 63,396 771,668
465,152 94,010 93,820 93,850 93,870 93,800 98,652 103,580 93,860 94,050 94,140 97,330 1,516,114
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
559,018 423,368 187,686 167,315 154,001 148,423 147,903 155,268 157,645 178,415 184,053 191,275 2,654,370

- 21,292 1,656,520 350,041 156,022 31,361 - 19,100 - 79,924 - 59,602 66,297 261,111 312,109 347,645 3,001,188
30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 360,000
- 51,292 1,626,520 320,041 126,022 1,361 - 49,100 - 109,924 - 89,602 36,297 231,111 282,109 317,645 2,641,188
- 15,387 487,956 96,012 37,807 408 - 14,730 - 32,977 - 26,881 10,889 69,333 84,633 95,294 792,356
- 35,904 1,138,564 224,028 88,215 953 - 34,370 - 76,947 - 62,721 25,408 161,777 197,476 222,352 1,848,832
787,509 1,926,073 2,150,102 2,238,317 2,239,270 2,204,900 2,127,953 2,065,232 2,090,640 2,252,417 2,449,893 2,672,245 1,848,832
XIV

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520 18,282,990
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
581,679 1,352,721 537,726 482,881 329,307 200,434 97,457 109,544 324,531 526,237 539,517 582,276 5,664,310

67,429 259,437 63,317 57,688 43,314 31,178 21,258 22,655 42,896 61,960 63,436 67,468 802,036
463,352 94,220 93,930 94,200 93,820 93,800 98,452 103,750 93,940 94,030 94,220 97,310 1,515,024
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
560,055 382,931 186,521 181,162 166,408 154,252 148,984 155,679 166,110 185,264 186,930 194,052 2,668,348

21,624 969,790 351,206 301,719 162,899 46,182 - 51,527 - 46,135 158,421 340,973 352,587 388,224 2,995,963
20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 240,000
1,624 949,790 331,206 281,719 142,899 26,182 - 71,527 - 66,135 138,421 320,973 332,587 368,224 2,755,963
487 284,937 99,362 84,516 42,870 7,855 - 21,458 - 19,841 41,526 96,292 99,776 110,467 826,789
1,137 664,853 231,844 197,203 100,029 18,328 - 50,069 - 46,295 96,895 224,681 232,811 257,757 1,929,174
2,673,382 3,338,235 3,570,079 3,767,283 3,867,312 3,885,639 3,835,570 3,789,276 3,886,170 4,110,851 4,343,662 4,601,419 1,929,174
XV

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,910 22,852,290
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
653,915 2,253,310 709,265 612,948 459,373 229,912 154,690 109,544 324,531 612,948 655,706 756,295 7,532,438

74,017 315,097 77,707 69,904 55,530 33,734 26,846 22,655 42,896 70,104 74,136 83,796 946,422
465,142 94,420 94,380 94,380 94,340 94,060 98,712 103,750 93,940 94,130 94,320 97,600 1,519,174
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
568,433 438,791 201,361 193,558 179,144 157,068 154,832 155,679 166,110 193,508 197,730 210,670 2,816,884

85,482 1,814,519 507,905 419,390 280,229 72,844 - 142 - 46,135 158,421 419,440 457,976 545,625 4,715,555
10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 120,000
75,482 1,804,519 497,905 409,390 270,229 62,844 - 10,142 - 56,135 148,421 409,440 447,976 535,625 4,595,555
22,645 541,356 149,371 122,817 81,069 18,853 - 3,043 - 16,841 44,526 122,832 134,393 160,688 1,378,666
52,838 1,263,163 348,533 286,573 189,161 43,991 - 7,099 - 39,295 103,895 286,608 313,583 374,938 3,216,888
4,654,257 5,917,420 6,265,953 6,552,526 6,741,687 6,785,678 6,778,578 6,739,284 6,843,178 7,129,786 7,443,370 7,818,307 3,216,888
XVI

Cost/Expense increase by 2% 102%


I Love Wedding Company Limited
Income Statement
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
Cost of good sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
Gross Income 397,364 439,526 323,337 222,748 137,231 97,457 52,311 78,803 136,037 222,748 395,573 438,332 2,941,465

Operating expense
Selling 50,820 54,892 43,978 33,921 25,695 21,786 17,408 19,812 25,512 34,125 50,698 54,811 433,460
General & Administrative 474,047 95,401 95,421 95,574 95,513 95,584 100,380 105,111 95,186 95,696 95,880 99,266 1,543,060
Pre-investment expense 14,855 - - - - - - - - - - - 14,855
Depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total operating expenses 570,271 180,842 169,948 160,044 151,757 147,919 148,338 155,472 151,248 160,370 177,127 184,626 2,357,963

Income before interest and tax - 172,907 258,684 153,388 62,704 - 14,527 - 50,462 - 96,027 - 76,669 - 15,211 62,377 218,446 253,705 583,501
Interest expense 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000
Income (Loss) Before Income Taxes - 214,574 217,017 111,722 21,037 - 56,193 - 92,128 - 137,694 - 118,336 - 56,878 20,711 176,779 212,038 83,501
Provision (Benefit) for income taxes - 64,372 65,105 33,517 6,311 - 16,858 - 27,638 - 41,308 - 35,501 - 17,063 6,213 53,034 63,612 25,050
Net income (loss) for the year - 150,202 151,912 78,205 14,726 - 39,335 - 64,490 - 96,386 - 82,835 - 39,814 14,497 123,745 148,427 58,451
Retained Earnings - 150,202 1,710 79,915 94,641 55,306 - 9,184 - 105,569 - 188,404 - 228,219 - 213,721 - 89,976 58,451 58,451
XVII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
481,090 1,236,532 451,015 222,748 155,884 99,845 67,979 81,788 137,231 323,337 438,929 481,687 4,178,066

58,924 253,712 56,276 33,921 27,567 21,948 19,076 20,015 25,593 43,978 54,852 58,965 674,828
472,823 96,104 95,625 95,778 95,880 95,829 100,839 105,723 95,717 96,023 96,227 99,583 1,546,151
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
562,296 380,365 182,450 160,248 153,995 148,326 150,465 156,287 151,859 170,550 181,627 189,096 2,587,566

- 81,206 856,167 268,565 62,500 1,889 - 48,481 - 82,485 - 74,499 - 14,629 152,787 257,301 292,591 1,590,500
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 400,000
- 114,539 822,834 235,232 29,166 - 31,444 - 81,814 - 115,819 - 107,832 - 47,962 119,453 223,968 259,258 1,190,500
- 34,362 246,850 70,570 8,750 - 9,433 - 24,544 - 34,746 - 32,350 - 14,389 35,836 67,190 77,777 357,150
- 80,178 575,984 164,662 20,416 - 22,011 - 57,270 - 81,073 - 75,483 - 33,573 83,617 156,777 181,480 833,350
- 21,727 554,257 718,919 739,336 717,325 660,055 578,982 503,499 469,926 553,543 710,320 891,801 833,350
XVIII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
537,726 2,079,888 537,726 323,337 185,362 129,323 67,979 95,666 223,942 439,526 496,162 538,920 5,655,558

64,583 304,785 64,583 43,774 30,174 24,555 19,076 21,562 33,900 54,892 60,551 64,664 787,101
474,455 95,890 95,696 95,727 95,747 95,676 100,625 105,652 95,737 95,931 96,023 99,277 1,546,436
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
569,587 431,225 190,829 170,050 156,470 150,780 150,250 157,762 160,186 181,372 187,123 194,490 2,700,125

- 31,861 1,648,663 346,898 153,286 28,892 - 21,457 - 82,271 - 62,096 63,755 258,153 309,039 344,431 2,955,432
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
- 56,861 1,623,663 321,898 128,286 3,892 - 46,457 - 107,271 - 87,096 38,755 233,153 284,039 319,431 2,655,432
- 17,058 487,099 96,569 38,486 1,168 - 13,937 - 32,181 - 26,129 11,627 69,946 85,212 95,829 796,630
- 39,803 1,136,564 225,329 89,800 2,725 - 32,520 - 75,090 - 60,967 27,129 163,207 198,827 223,601 1,858,803
851,998 1,988,563 2,213,891 2,303,692 2,306,416 2,273,896 2,198,806 2,137,839 2,164,968 2,328,175 2,527,002 2,750,603 1,858,803
XIX

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520 18,282,990
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
581,679 1,352,721 537,726 482,881 329,307 200,434 97,457 109,544 324,531 526,237 539,517 582,276 5,664,310

68,777 264,626 64,583 58,842 44,180 31,801 21,684 23,108 43,754 63,199 64,705 68,818 818,077
472,619 96,104 95,809 96,084 95,696 95,676 100,421 105,825 95,819 95,911 96,104 99,256 1,545,325
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
570,670 390,004 189,666 184,200 169,151 156,751 151,379 158,207 168,846 188,384 190,083 197,348 2,714,689

11,009 962,717 348,061 298,681 160,156 43,683 - 53,921 - 48,663 155,684 337,853 349,434 384,928 2,949,622
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000
- 5,658 946,050 331,394 282,015 143,489 27,016 - 70,588 - 65,330 139,018 321,186 332,767 368,261 2,749,622
- 1,697 283,815 99,418 84,604 43,047 8,105 - 21,176 - 19,599 41,705 96,356 99,830 110,478 824,886
- 3,961 662,235 231,976 197,410 100,443 18,911 - 49,412 - 45,731 97,312 224,830 232,937 257,783 1,924,735
2,746,643 3,408,878 3,640,854 3,838,264 3,938,707 3,957,618 3,908,206 3,862,475 3,959,788 4,184,618 4,417,555 4,675,338 1,924,735
XX

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,910 22,852,290
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
653,915 2,253,310 709,265 612,948 459,373 229,912 154,690 109,544 324,531 612,948 655,706 756,295 7,532,438

75,497 321,399 79,261 71,302 56,641 34,408 27,383 23,108 43,754 71,506 75,619 85,472 965,350
474,445 96,308 96,268 96,268 96,227 95,941 100,686 105,825 95,819 96,013 96,206 99,552 1,549,558
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
579,216 446,982 204,803 196,844 182,141 159,623 157,344 158,207 168,846 196,793 201,099 214,298 2,866,196

74,699 1,806,329 504,463 416,104 277,232 70,288 - 2,653 - 48,663 155,684 416,155 454,607 541,997 4,666,243
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 100,000
66,366 1,797,995 496,129 407,771 268,899 61,955 - 10,986 - 56,997 147,351 407,822 446,274 533,664 4,566,243
19,910 539,399 148,839 122,331 80,670 18,587 - 3,296 - 17,099 44,205 122,347 133,882 160,099 1,369,873
46,456 1,258,597 347,291 285,440 188,229 43,369 - 7,690 - 39,898 103,146 285,475 312,392 373,565 3,196,370
4,721,795 5,980,391 6,327,682 6,613,122 6,801,351 6,844,719 6,837,029 6,797,131 6,900,277 7,185,752 7,498,144 7,871,708 3,196,370
XXI

Cost/Expense increase by 4% 104%


I Love Wedding Company Limited
Income Statement
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
Cost of good sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
Gross Income 397,364 439,526 323,337 222,748 137,231 97,457 52,311 78,803 136,037 222,748 395,573 438,332 2,941,465

Operating expense
Selling 51,817 55,969 44,841 34,586 26,199 22,213 17,750 20,201 26,012 34,794 51,692 55,886 441,960
General & Administrative 483,342 97,271 97,292 97,448 97,386 97,458 102,348 107,172 97,053 97,573 97,760 101,213 1,573,316
Pre-investment expense 14,855 - - - - - - - - - - - 14,855
Depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total operating expenses 580,563 183,789 172,682 162,583 154,134 150,220 150,647 157,922 153,614 162,916 180,001 187,648 2,396,719

Income before interest and tax - 183,199 255,737 150,655 60,165 - 16,903 - 52,763 - 98,337 - 79,119 - 17,578 59,832 215,572 250,684 544,746
Interest expense 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000
Income (Loss) Before Income Taxes - 224,865 214,070 108,988 18,498 - 58,570 - 94,430 - 140,003 - 120,785 - 59,244 18,165 173,905 209,017 44,746
Provision (Benefit) for income taxes - 67,460 64,221 32,697 5,549 - 17,571 - 28,329 - 42,001 - 36,236 - 17,773 5,450 52,171 62,705 13,424
Net income (loss) for the year - 157,406 149,849 76,292 12,949 - 40,999 - 66,101 - 98,002 - 84,550 - 41,471 12,716 121,733 146,312 31,322
Retained Earnings - 157,406 - 7,557 68,735 81,684 40,685 - 25,416 - 123,418 - 207,968 - 249,439 - 236,723 - 114,990 31,322 31,322
XXII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
481,090 1,236,532 451,015 222,748 155,884 99,845 67,979 81,788 137,231 323,337 438,929 481,687 4,178,066

60,079 258,687 57,380 34,586 28,107 22,378 19,450 20,408 26,095 44,841 55,927 60,121 688,060
482,094 97,989 97,500 97,656 97,760 97,708 102,816 107,796 97,594 97,906 98,114 101,535 1,576,468
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
572,723 387,224 185,429 162,791 156,416 150,635 152,816 158,753 154,238 173,295 184,590 192,205 2,631,115

- 91,632 849,308 265,587 59,957 - 532 - 50,790 - 84,837 - 76,965 - 17,007 150,041 254,339 289,482 1,546,951
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 400,000
- 124,966 815,975 232,253 26,623 - 33,865 - 84,123 - 118,170 - 110,298 - 50,340 116,708 221,005 256,149 1,146,951
- 37,490 244,792 69,676 7,987 - 10,159 - 25,237 - 35,451 - 33,089 - 15,102 35,012 66,302 76,845 344,085
- 87,476 571,182 162,577 18,636 - 23,705 - 58,886 - 82,719 - 77,209 - 35,238 81,696 154,704 179,304 802,866
- 56,154 515,028 677,606 696,242 672,537 613,650 530,931 453,723 418,484 500,180 654,884 834,188 802,866
XXIII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
537,726 2,079,888 537,726 323,337 185,362 129,323 67,979 95,666 223,942 439,526 496,162 538,920 5,655,558

65,849 310,762 65,849 44,633 30,765 25,037 19,450 21,985 34,565 55,969 61,739 65,932 802,535
483,758 97,770 97,573 97,604 97,625 97,552 102,598 107,723 97,614 97,812 97,906 101,223 1,576,759
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
580,157 439,081 193,971 172,786 158,939 153,138 152,598 160,257 162,728 184,330 190,193 197,704 2,745,881

- 42,430 1,640,807 343,755 150,551 26,423 - 23,815 - 84,618 - 64,591 61,213 255,196 305,969 341,216 2,909,677
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
- 67,430 1,615,807 318,755 125,551 1,423 - 48,815 - 109,618 - 89,591 36,213 230,196 280,969 316,216 2,609,677
- 20,229 484,742 95,627 37,665 427 - 14,644 - 32,885 - 26,877 10,864 69,059 84,291 94,865 782,903
- 47,201 1,131,065 223,129 87,886 996 - 34,170 - 76,733 - 62,713 25,349 161,137 196,678 221,351 1,826,774
786,987 1,918,052 2,141,180 2,229,066 2,230,062 2,195,892 2,119,159 2,056,446 2,081,795 2,242,932 2,439,610 2,660,962 1,826,774
XXIV

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520 18,282,990
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
581,679 1,352,721 537,726 482,881 329,307 200,434 97,457 109,544 324,531 526,237 539,517 582,276 5,664,310

70,126 269,815 65,849 59,996 45,047 32,425 22,109 23,561 44,611 64,438 65,974 70,167 834,117
481,886 97,989 97,687 97,968 97,573 97,552 102,390 107,900 97,698 97,791 97,989 101,202 1,575,625
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
581,286 397,077 192,811 187,237 171,893 159,251 153,773 160,735 171,583 191,504 193,236 200,644 2,761,030

393 955,644 344,916 295,644 157,413 41,183 - 56,316 - 51,191 152,948 334,733 346,281 381,632 2,903,280
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000
- 16,274 938,977 328,249 278,977 140,747 24,517 - 72,982 - 67,858 136,281 318,066 329,614 364,966 2,703,280
- 4,882 281,693 98,475 83,693 42,224 7,355 - 21,895 - 20,357 40,884 95,420 98,884 109,490 810,984
- 11,392 657,284 229,774 195,284 98,523 17,162 - 51,088 - 47,501 95,397 222,647 230,730 255,476 1,892,296
2,649,570 3,306,854 3,536,629 3,731,912 3,830,435 3,847,597 3,796,509 3,749,009 3,844,405 4,067,052 4,297,782 4,553,258 1,892,296
XXV

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,910 22,852,290
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
653,915 2,253,310 709,265 612,948 459,373 229,912 154,690 109,544 324,531 612,948 655,706 756,295 7,532,438

76,977 327,701 80,815 72,700 57,751 35,083 27,920 23,561 44,611 72,908 77,102 87,148 984,279
483,748 98,197 98,155 98,155 98,114 97,822 102,660 107,900 97,698 97,895 98,093 101,504 1,579,941
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
589,999 455,172 208,244 200,129 185,139 162,179 159,855 160,735 171,583 200,077 204,468 217,926 2,915,507

63,916 1,798,138 501,021 412,818 274,235 67,732 - 5,164 - 51,191 152,948 412,870 451,238 538,369 4,616,931
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 100,000
55,583 1,789,805 492,688 404,485 265,901 59,399 - 13,498 - 59,525 144,614 404,537 442,905 530,036 4,516,931
16,675 536,942 147,806 121,346 79,770 17,820 - 4,049 - 17,857 43,384 121,361 132,871 159,011 1,355,079
38,908 1,252,864 344,881 283,140 186,131 41,579 - 9,448 - 41,667 101,230 283,176 310,033 371,025 3,161,851
4,592,166 5,845,029 6,189,911 6,473,050 6,659,181 6,700,761 6,691,312 6,649,645 6,750,875 7,034,051 7,344,084 7,715,109 3,161,851
XXVI

Cost/Expense increase by 6% 106%


I Love Wedding Company Limited
Income Statement
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
Cost of good sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
Gross Income 397,364 439,526 323,337 222,748 137,231 97,457 52,311 78,803 136,037 222,748 395,573 438,332 2,941,465

Operating expense
Selling 52,813 57,045 45,703 35,251 26,703 22,640 18,091 20,589 26,513 35,463 52,686 56,961 450,459
General & Administrative 492,637 99,142 99,163 99,322 99,258 99,333 104,317 109,233 98,919 99,449 99,640 103,159 1,603,572
Pre-investment expense 14,855 - - - - - - - - - - - 14,855
Depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total operating expenses 590,854 186,736 175,415 165,122 156,510 152,521 152,957 160,371 155,981 165,462 182,875 190,669 2,435,474

Income before interest and tax - 193,490 252,790 147,922 57,625 - 19,280 - 55,064 - 100,646 - 81,568 - 19,944 57,286 212,698 247,663 505,991
Interest expense 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000
Income (Loss) Before Income Taxes - 235,157 211,123 106,255 15,959 - 60,946 - 96,731 - 142,313 - 123,235 - 61,611 15,620 171,031 205,996 5,991
Provision (Benefit) for income taxes - 70,547 63,337 31,877 4,788 - 18,284 - 29,019 - 42,694 - 36,970 - 18,483 4,686 51,309 61,799 1,797
Net income (loss) for the year - 164,610 147,786 74,379 11,171 - 42,663 - 67,712 - 99,619 - 86,264 - 43,128 10,934 119,722 144,197 4,194
Retained Earnings - 164,610 - 16,824 57,555 68,726 26,064 - 41,648 - 141,267 - 227,532 - 270,659 - 259,725 - 140,004 4,194 4,194
XXVII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
481,090 1,236,532 451,015 222,748 155,884 99,845 67,979 81,788 137,231 323,337 438,929 481,687 4,178,066

61,235 263,661 58,483 35,251 28,648 22,809 19,825 20,800 26,597 45,703 57,003 61,277 701,292
491,365 99,873 99,375 99,534 99,640 99,587 104,794 109,869 99,470 99,788 100,000 103,488 1,606,784
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
583,149 394,084 188,407 165,334 158,837 152,945 155,167 161,218 156,616 176,040 187,552 195,314 2,674,663

- 102,059 842,449 262,608 57,413 - 2,952 - 53,100 - 87,188 - 79,430 - 19,386 147,296 251,376 286,373 1,503,402
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 400,000
- 135,392 809,116 229,275 24,080 - 36,285 - 86,433 - 120,521 - 112,763 - 52,719 113,963 218,043 253,040 1,103,402
- 40,618 242,735 68,782 7,224 - 10,886 - 25,930 - 36,156 - 33,829 - 15,816 34,189 65,413 75,912 331,021
- 94,775 566,381 160,492 16,856 - 25,400 - 60,503 - 84,365 - 78,934 - 36,903 79,774 152,630 177,128 772,382
- 90,581 475,800 636,292 653,148 627,749 567,246 482,881 403,946 367,043 446,817 599,447 776,575 772,382
XXVIII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
537,726 2,079,888 537,726 323,337 185,362 129,323 67,979 95,666 223,942 439,526 496,162 538,920 5,655,558

67,116 316,738 67,116 45,491 31,357 25,518 19,825 22,407 35,230 57,045 62,926 67,200 817,968
493,061 99,651 99,449 99,481 99,502 99,428 104,571 109,795 99,492 99,693 99,788 103,170 1,607,081
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
590,726 446,937 197,114 175,521 161,408 155,495 154,945 162,751 165,270 187,287 193,263 200,919 2,791,637

- 53,000 1,632,951 340,612 147,816 23,954 - 26,172 - 86,965 - 67,085 58,671 252,239 302,898 338,001 2,863,921
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
- 78,000 1,607,951 315,612 122,816 - 1,046 - 51,172 - 111,965 - 92,085 33,671 227,239 277,898 313,001 2,563,921
- 23,400 482,385 94,684 36,845 - 314 - 15,352 - 33,590 - 27,625 10,101 68,172 83,370 93,900 769,176
- 54,600 1,125,565 220,929 85,971 - 732 - 35,820 - 78,376 - 64,459 23,570 159,067 194,529 219,101 1,794,745
721,975 1,847,541 2,068,470 2,154,441 2,153,709 2,117,888 2,039,512 1,975,053 1,998,623 2,157,690 2,352,219 2,571,320 1,794,745
XXIX

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520 18,282,990
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
581,679 1,352,721 537,726 482,881 329,307 200,434 97,457 109,544 324,531 526,237 539,517 582,276 5,664,310

71,474 275,003 67,116 61,149 45,913 33,048 22,534 24,014 45,469 65,678 67,242 71,517 850,158
491,153 99,873 99,566 99,852 99,449 99,428 104,359 109,975 99,576 99,672 99,873 103,149 1,605,926
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
591,902 404,151 195,956 190,275 174,636 161,750 156,167 163,263 174,320 194,623 196,390 203,939 2,807,371

- 10,223 948,571 341,771 292,606 154,671 38,684 - 58,710 - 53,719 150,211 331,613 343,128 378,337 2,856,939
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000
- 26,889 931,904 325,104 275,939 138,004 22,017 - 75,377 - 70,386 133,544 314,947 326,461 361,670 2,656,939
- 8,067 279,571 97,531 82,782 41,401 6,605 - 22,613 - 21,116 40,063 94,484 97,938 108,501 797,082
- 18,822 652,333 227,573 193,157 96,603 15,412 - 52,764 - 49,270 93,481 220,463 228,523 253,169 1,859,857
2,552,497 3,204,830 3,432,403 3,625,561 3,722,164 3,737,575 3,684,812 3,635,542 3,729,023 3,949,485 4,178,008 4,431,177 1,859,857
XXX

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,910 22,852,290
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
653,915 2,253,310 709,265 612,948 459,373 229,912 154,690 109,544 324,531 612,948 655,706 756,295 7,532,438

78,458 334,003 82,369 74,098 58,862 35,758 28,457 24,014 45,469 74,310 78,584 88,824 1,003,207
493,051 100,085 100,043 100,043 100,000 99,704 104,635 109,975 99,576 99,778 99,979 103,456 1,610,325
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
600,783 463,362 211,686 203,415 188,136 164,735 162,366 163,263 174,320 203,362 207,838 221,554 2,964,819

53,133 1,789,948 497,579 409,533 271,237 65,177 - 7,675 - 53,719 150,211 409,586 447,869 534,741 4,567,619
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 100,000
44,799 1,781,615 489,246 401,199 262,904 56,843 - 16,009 - 62,053 141,878 401,252 439,535 526,408 4,467,619
13,440 534,484 146,774 120,360 78,871 17,053 - 4,803 - 18,616 42,563 120,376 131,861 157,922 1,340,286
31,360 1,247,130 342,472 280,840 184,033 39,790 - 11,206 - 43,437 99,314 280,877 307,675 368,486 3,127,333
4,462,537 5,709,667 6,052,140 6,332,979 6,517,012 6,556,802 6,545,596 6,502,159 6,601,473 6,882,350 7,190,025 7,558,511 3,127,333
XXXI

Sales decrease by 2% 98%

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,378,154 1,524,782 1,122,982 772,142 474,986 336,160 179,781 270,774 471,086 772,142 1,372,304 1,520,882 10,196,175
Cost of good sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
Gross Income 369,238 408,408 300,419 206,990 127,537 90,597 48,642 73,277 126,423 206,990 367,567 407,293 2,733,379

Operating expense
Selling 49,824 53,816 43,116 33,256 25,192 21,358 17,067 19,424 25,012 33,456 49,704 53,736 424,961
General & Administrative 464,752 93,530 93,550 93,700 93,640 93,710 98,412 103,050 93,320 93,820 94,000 97,320 1,512,804
Pre-investment expense 14,855 - - - - - - - - - - - 14,855
Depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total operating expenses 559,980 177,895 167,215 157,505 149,381 145,617 146,028 153,023 148,881 157,825 174,253 181,605 2,319,208

Income before interest and tax - 190,741 230,513 133,204 49,485 - 21,844 - 55,021 - 97,386 - 79,746 - 22,458 49,165 193,314 225,688 414,171
Interest expense 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000
Income (Loss) Before Income Taxes - 232,408 188,846 91,537 7,818 - 63,510 - 96,687 - 139,053 - 121,412 - 64,125 7,498 151,647 184,021 - 85,829
Provision (Benefit) for income taxes - 69,722 56,654 27,461 2,345 - 19,053 - 29,006 - 41,716 - 36,424 - 19,237 2,249 45,494 55,206 - 25,749
Net income (loss) for the year - 162,686 132,192 64,076 5,473 - 44,457 - 67,681 - 97,337 - 84,989 - 44,887 5,249 106,153 128,815 - 60,080
Retained Earnings - 162,686 - 30,493 33,582 39,055 - 5,402 - 73,083 - 170,420 - 255,409 - 300,296 - 295,048 - 188,895 - 60,080 - 60,080
XXXII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,669,459 2,549,921 1,566,765 772,142 540,372 343,960 235,416 280,525 474,986 1,122,982 1,522,832 1,671,410 12,750,770
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
447,020 1,184,493 419,041 206,990 144,856 92,826 63,175 76,063 127,537 300,419 407,850 447,577 3,917,846

57,769 248,737 55,173 33,256 27,026 21,518 18,702 19,623 25,092 43,116 53,776 57,808 661,596
463,552 94,220 93,750 93,900 94,000 93,950 98,862 103,650 93,840 94,140 94,340 97,630 1,515,834
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
551,870 373,506 179,472 157,705 151,575 146,017 148,113 153,822 149,481 167,805 178,665 185,987 2,544,018

- 104,850 810,987 239,569 49,285 - 6,719 - 53,191 - 84,938 - 77,759 - 21,944 132,614 229,185 261,589 1,373,828
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 400,000
- 138,184 777,654 206,235 15,951 - 40,052 - 86,524 - 118,272 - 111,092 - 55,277 99,280 195,852 228,256 973,828
- 41,455 233,296 61,871 4,785 - 12,016 - 25,957 - 35,482 - 33,328 - 16,583 29,784 58,756 68,477 292,149
- 96,729 544,358 144,365 11,166 - 28,036 - 60,567 - 82,790 - 77,764 - 38,694 69,496 137,096 159,779 681,680
- 156,808 387,549 531,914 543,080 515,044 454,477 371,686 293,922 255,228 324,724 461,821 621,600 681,680
XXXIII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,867,821 3,484,449 1,867,821 1,122,982 641,116 444,704 235,416 330,309 776,042 1,524,782 1,723,144 1,871,722 15,890,308
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
499,608 2,008,777 499,608 300,419 172,278 120,247 63,175 88,925 208,104 408,408 460,996 500,722 5,331,266

63,317 298,809 63,317 42,916 29,582 24,074 18,702 21,139 33,236 53,816 59,364 63,396 771,668
465,152 94,010 93,820 93,850 93,870 93,800 98,652 103,580 93,860 94,050 94,140 97,330 1,516,114
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
559,018 423,368 187,686 167,315 154,001 148,423 147,903 155,268 157,645 178,415 184,053 191,275 2,654,370

- 59,410 1,585,409 311,922 133,104 18,277 - 28,175 - 84,728 - 66,343 50,460 229,993 276,943 309,447 2,676,896
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
- 84,410 1,560,409 286,922 108,104 - 6,723 - 53,175 - 109,728 - 91,343 25,460 204,993 251,943 284,447 2,376,896
- 25,323 468,123 86,077 32,431 - 2,017 - 15,953 - 32,919 - 27,403 7,638 61,498 75,583 85,334 713,069
- 59,087 1,092,286 200,845 75,673 - 4,706 - 37,223 - 76,810 - 63,940 17,822 143,495 176,360 199,113 1,663,827
562,513 1,654,799 1,855,644 1,931,317 1,926,611 1,889,388 1,812,578 1,748,638 1,766,460 1,909,955 2,086,314 2,285,427 1,663,827
XXXIV

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,020,299 2,951,721 1,867,821 1,675,310 1,142,484 694,800 336,160 380,093 1,126,882 1,825,838 1,873,672 2,022,250 17,917,330
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
540,448 1,292,482 499,608 448,691 305,991 186,254 90,597 101,787 301,533 488,975 501,279 541,006 5,298,651

67,429 259,437 63,317 57,688 43,314 31,178 21,258 22,655 42,896 61,960 63,436 67,468 802,036
463,352 94,220 93,930 94,200 93,820 93,800 98,452 103,750 93,940 94,030 94,220 97,310 1,515,024
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
560,055 382,931 186,521 181,162 166,408 154,252 148,984 155,679 166,110 185,264 186,930 194,052 2,668,348

- 19,606 909,551 313,087 267,529 139,583 32,003 - 58,388 - 53,892 135,424 303,711 314,349 346,953 2,630,303
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000
- 36,273 892,884 296,420 250,862 122,916 15,336 - 75,054 - 70,559 118,757 287,044 297,682 330,287 2,430,303
- 10,882 267,865 88,926 75,259 36,875 4,601 - 22,516 - 21,168 35,627 86,113 89,305 99,086 729,091
- 25,391 625,019 207,494 175,604 86,041 10,735 - 52,538 - 49,391 83,130 200,931 208,378 231,201 1,701,212
2,260,036 2,885,055 3,092,549 3,268,153 3,354,194 3,364,929 3,312,391 3,263,000 3,346,130 3,547,061 3,755,439 3,986,639 1,701,212
XXXV

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,269,621 4,086,561 2,450,431 2,126,894 1,594,068 795,544 536,472 380,093 1,126,882 2,126,894 2,275,472 2,626,312 22,395,244
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
607,597 2,169,911 659,257 569,542 426,841 213,676 143,742 101,787 301,533 569,542 609,268 702,697 7,075,392

74,017 315,097 77,707 69,904 55,530 33,734 26,846 22,655 42,896 70,104 74,136 83,796 946,422
465,142 94,420 94,380 94,380 94,340 94,060 98,712 103,750 93,940 94,130 94,320 97,600 1,519,174
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
568,433 438,791 201,361 193,558 179,144 157,068 154,832 155,679 166,110 193,508 197,730 210,670 2,816,884

39,164 1,731,120 457,896 375,984 247,697 56,609 - 11,090 - 53,892 135,424 376,034 411,538 492,027 4,258,509
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 100,000
30,830 1,722,787 449,562 367,650 239,364 48,275 - 19,424 - 62,225 127,090 367,700 403,205 483,694 4,158,509
9,249 516,836 134,869 110,295 71,809 14,483 - 5,827 - 18,668 38,127 110,310 120,961 145,108 1,247,553
21,581 1,205,951 314,694 257,355 167,555 33,793 - 13,597 - 43,558 88,963 257,390 282,243 338,585 2,910,956
4,008,220 5,214,171 5,528,865 5,786,220 5,953,775 5,987,567 5,973,971 5,930,413 6,019,376 6,276,767 6,559,010 6,897,595 2,910,956
XXXVI

Sales decrease by 3% 97%


I Love Wedding Company Limited
Income Statement
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,364,092 1,509,223 1,111,523 764,263 470,140 332,729 177,947 268,011 466,279 764,263 1,358,301 1,505,362 10,092,132
Cost of good sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
Gross Income 355,176 392,849 288,960 199,111 122,690 87,167 46,807 70,514 121,616 199,111 353,564 391,774 2,629,337

Operating expense
Selling 49,824 53,816 43,116 33,256 25,192 21,358 17,067 19,424 25,012 33,456 49,704 53,736 424,961
General & Administrative 464,752 93,530 93,550 93,700 93,640 93,710 98,412 103,050 93,320 93,820 94,000 97,320 1,512,804
Pre-investment expense 14,855 - - - - - - - - - - - 14,855
Depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total operating expenses 559,980 177,895 167,215 157,505 149,381 145,617 146,028 153,023 148,881 157,825 174,253 181,605 2,319,208

Income before interest and tax - 204,804 214,954 121,745 41,606 - 26,690 - 58,451 - 99,221 - 82,509 - 27,265 41,286 179,311 210,169 310,129
Interest expense 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000
Income (Loss) Before Income Taxes - 246,471 173,287 80,078 - 61 - 68,357 - 100,118 - 140,888 - 124,175 - 68,932 - 381 137,644 168,502 - 189,871
Provision (Benefit) for income taxes - 73,941 51,986 24,023 - 18 - 20,507 - 30,035 - 42,266 - 37,253 - 20,680 - 114 41,293 50,551 - 56,961
Net income (loss) for the year - 172,530 121,301 56,055 - 43 - 47,850 - 70,082 - 98,621 - 86,923 - 48,252 - 267 96,351 117,951 - 132,910
Retained Earnings - 172,530 - 51,229 4,826 4,783 - 43,067 - 113,149 - 211,770 - 298,693 - 346,945 - 347,212 - 250,861 - 132,910 - 132,910
XXXVII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,652,424 2,523,901 1,550,778 764,263 534,858 340,451 233,013 277,663 470,140 1,111,523 1,507,293 1,654,354 12,620,660
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
429,984 1,158,474 403,053 199,111 139,342 89,316 60,773 73,201 122,690 288,960 392,311 430,522 3,787,736

57,769 248,737 55,173 33,256 27,026 21,518 18,702 19,623 25,092 43,116 53,776 57,808 661,596
463,552 94,220 93,750 93,900 94,000 93,950 98,862 103,650 93,840 94,140 94,340 97,630 1,515,834
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
551,870 373,506 179,472 157,705 151,575 146,017 148,113 153,822 149,481 167,805 178,665 185,987 2,544,018

- 121,886 784,967 223,581 41,406 - 12,233 - 56,701 - 87,341 - 80,621 - 26,790 121,155 213,646 244,534 1,243,719
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 400,000
- 155,219 751,634 190,248 8,072 - 45,566 - 90,034 - 120,674 - 113,954 - 60,124 87,821 180,313 211,201 843,719
- 46,566 225,490 57,074 2,422 - 13,670 - 27,010 - 36,202 - 34,186 - 18,037 26,346 54,094 63,360 253,116
- 108,653 526,144 133,174 5,651 - 31,896 - 63,024 - 84,472 - 79,768 - 42,087 61,475 126,219 147,841 590,603
- 241,563 284,581 417,755 423,405 391,509 328,485 244,013 164,245 122,159 183,634 309,853 457,693 590,603
XXXVIII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,848,762 3,448,893 1,848,762 1,111,523 634,574 440,167 233,013 326,939 768,124 1,509,223 1,705,561 1,852,622 15,728,162
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
480,548 1,973,221 480,548 288,960 165,736 115,709 60,773 85,555 200,185 392,849 443,413 481,623 5,169,120

63,317 298,809 63,317 42,916 29,582 24,074 18,702 21,139 33,236 53,816 59,364 63,396 771,668
465,152 94,010 93,820 93,850 93,870 93,800 98,652 103,580 93,860 94,050 94,140 97,330 1,516,114
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
559,018 423,368 187,686 167,315 154,001 148,423 147,903 155,268 157,645 178,415 184,053 191,275 2,654,370

- 78,470 1,549,853 292,862 121,645 11,735 - 32,713 - 87,131 - 69,713 42,541 214,434 259,359 290,347 2,514,750
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
- 103,470 1,524,853 267,862 96,645 - 13,265 - 57,713 - 112,131 - 94,713 17,541 189,434 234,359 265,347 2,214,750
- 31,041 457,456 80,359 28,993 - 3,979 - 17,314 - 33,639 - 28,414 5,262 56,830 70,308 79,604 664,425
- 72,429 1,067,397 187,504 67,651 - 9,285 - 40,399 - 78,491 - 66,299 12,279 132,604 164,052 185,743 1,550,325
385,264 1,452,662 1,640,165 1,707,817 1,698,531 1,658,132 1,579,641 1,513,341 1,525,620 1,658,223 1,822,275 2,008,018 1,550,325
XXXIX

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,999,684 2,921,601 1,848,762 1,658,215 1,130,826 687,711 332,729 376,215 1,115,384 1,807,207 1,854,553 2,001,614 17,734,500
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
519,833 1,262,363 480,548 431,596 294,333 179,165 87,167 97,908 290,034 470,344 482,160 520,370 5,115,821

67,429 259,437 63,317 57,688 43,314 31,178 21,258 22,655 42,896 61,960 63,436 67,468 802,036
463,352 94,220 93,930 94,200 93,820 93,800 98,452 103,750 93,940 94,030 94,220 97,310 1,515,024
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
560,055 382,931 186,521 181,162 166,408 154,252 148,984 155,679 166,110 185,264 186,930 194,052 2,668,348

- 40,222 879,431 294,027 250,434 127,925 24,913 - 61,818 - 57,771 123,925 285,080 295,230 326,318 2,447,473
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000
- 56,888 862,765 277,361 233,767 111,258 8,246 - 78,485 - 74,437 107,258 268,413 278,563 309,651 2,247,473
- 17,067 258,829 83,208 70,130 33,377 2,474 - 23,545 - 22,331 32,177 80,524 83,569 92,895 674,242
- 39,822 603,935 194,153 163,637 77,881 5,772 - 54,939 - 52,106 75,081 187,889 194,994 216,756 1,573,231
1,968,196 2,572,132 2,766,284 2,929,921 3,007,802 3,013,575 2,958,635 2,906,529 2,981,610 3,169,499 3,364,493 3,581,249 1,573,231
XL

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,246,462 4,044,861 2,425,427 2,105,191 1,577,802 787,427 530,997 376,215 1,115,384 2,105,191 2,252,253 2,599,513 22,166,721
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
584,437 2,128,211 634,252 547,839 410,575 205,558 138,268 97,908 290,034 547,839 586,049 675,898 6,846,869

74,017 315,097 77,707 69,904 55,530 33,734 26,846 22,655 42,896 70,104 74,136 83,796 946,422
465,142 94,420 94,380 94,380 94,340 94,060 98,712 103,750 93,940 94,130 94,320 97,600 1,519,174
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
568,433 438,791 201,361 193,558 179,144 157,068 154,832 155,679 166,110 193,508 197,730 210,670 2,816,884

16,004 1,689,420 432,891 354,281 231,431 48,491 - 16,565 - 57,771 123,925 354,331 388,319 465,228 4,029,986
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 100,000
7,671 1,681,087 424,558 345,947 223,098 40,157 - 24,898 - 66,104 115,591 345,997 379,986 456,894 3,929,986
2,301 504,326 127,367 103,784 66,929 12,047 - 7,469 - 19,831 34,677 103,799 113,996 137,068 1,178,996
5,370 1,176,761 297,191 242,163 156,169 28,110 - 17,428 - 46,273 80,914 242,198 265,990 319,826 2,750,990
3,586,619 4,763,380 5,060,570 5,302,734 5,458,902 5,487,012 5,469,584 5,423,311 5,504,225 5,746,423 6,012,413 6,332,239 2,750,990
XLI

Sales decrease by 4% 96%


I Love Wedding Company Limited
Income Statement
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,350,029 1,493,664 1,100,064 756,384 465,293 329,299 176,112 265,248 461,472 756,384 1,344,298 1,489,843 9,988,090
Cost of good sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
Gross Income 341,113 377,290 277,501 191,232 117,843 83,736 44,973 67,751 116,809 191,232 339,561 376,255 2,525,294

Operating expense
Selling 49,824 53,816 43,116 33,256 25,192 21,358 17,067 19,424 25,012 33,456 49,704 53,736 424,961
General & Administrative 464,752 93,530 93,550 93,700 93,640 93,710 98,412 103,050 93,320 93,820 94,000 97,320 1,512,804
Pre-investment expense 14,855 - - - - - - - - - - - 14,855
Depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total operating expenses 559,980 177,895 167,215 157,505 149,381 145,617 146,028 153,023 148,881 157,825 174,253 181,605 2,319,208

Income before interest and tax - 218,867 199,395 110,286 33,727 - 31,537 - 61,881 - 101,055 - 85,272 - 32,072 33,407 165,307 194,649 206,086
Interest expense 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000
Income (Loss) Before Income Taxes - 260,534 157,728 68,619 - 7,940 - 73,204 - 103,548 - 142,722 - 126,938 - 73,739 - 8,260 123,641 152,983 - 293,914
Provision (Benefit) for income taxes - 78,160 47,318 20,586 - 2,382 - 21,961 - 31,064 - 42,817 - 38,081 - 22,122 - 2,478 37,092 45,895 - 88,174
Net income (loss) for the year - 182,374 110,410 48,033 - 5,558 - 51,243 - 72,483 - 99,905 - 88,857 - 51,617 - 5,782 86,549 107,088 - 205,740
Retained Earnings - 182,374 - 71,964 - 23,931 - 29,489 - 80,731 - 153,215 - 253,120 - 341,977 - 393,594 - 399,376 - 312,828 - 205,740 - 205,740
XLII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,635,389 2,497,882 1,534,790 756,384 529,344 336,941 230,611 274,800 465,293 1,100,064 1,491,754 1,637,299 12,490,550
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
412,949 1,132,454 387,066 191,232 133,828 85,806 58,371 70,338 117,843 277,501 376,772 413,466 3,657,626

57,769 248,737 55,173 33,256 27,026 21,518 18,702 19,623 25,092 43,116 53,776 57,808 661,596
463,552 94,220 93,750 93,900 94,000 93,950 98,862 103,650 93,840 94,140 94,340 97,630 1,515,834
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
551,870 373,506 179,472 157,705 151,575 146,017 148,113 153,822 149,481 167,805 178,665 185,987 2,544,018

- 138,921 758,948 207,594 33,527 - 17,747 - 60,211 - 89,743 - 83,484 - 31,637 109,696 198,107 227,479 1,113,609
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 400,000
- 172,254 725,615 174,261 193 - 51,080 - 93,544 - 123,076 - 116,817 - 64,970 76,362 164,774 194,146 713,609
- 51,676 217,684 52,278 58 - 15,324 - 28,063 - 36,923 - 35,045 - 19,491 22,909 49,432 58,244 214,083
- 120,578 507,930 121,982 135 - 35,756 - 65,481 - 86,153 - 81,772 - 45,479 53,454 115,342 135,902 499,526
- 326,318 181,613 303,595 303,731 267,975 202,494 116,341 34,569 - 10,911 42,543 157,885 293,786 499,526
XLIII

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,829,702 3,413,338 1,829,702 1,100,064 628,032 435,629 230,611 323,568 760,205 1,493,664 1,687,978 1,833,523 15,566,016
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
461,489 1,937,666 461,489 277,501 159,194 111,172 58,371 82,184 192,267 377,290 425,829 462,524 5,006,974

63,317 298,809 63,317 42,916 29,582 24,074 18,702 21,139 33,236 53,816 59,364 63,396 771,668
465,152 94,010 93,820 93,850 93,870 93,800 98,652 103,580 93,860 94,050 94,140 97,330 1,516,114
- - - - - - - - - - - - -
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
559,018 423,368 187,686 167,315 154,001 148,423 147,903 155,268 157,645 178,415 184,053 191,275 2,654,370

- 97,529 1,514,297 273,803 110,186 5,193 - 37,251 - 89,533 - 73,084 34,622 198,875 241,776 271,248 2,352,604
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
- 122,529 1,489,297 248,803 85,186 - 19,807 - 62,251 - 114,533 - 98,084 9,622 173,875 216,776 246,248 2,052,604
- 36,759 446,789 74,641 25,556 - 5,942 - 18,675 - 34,360 - 29,425 2,887 52,162 65,033 73,874 615,781
- 85,770 1,042,508 174,162 59,630 - 13,865 - 43,576 - 80,173 - 68,659 6,735 121,712 151,743 172,374 1,436,823
208,016 1,250,524 1,424,686 1,484,316 1,470,452 1,426,876 1,346,703 1,278,044 1,284,780 1,406,492 1,558,235 1,730,609 1,436,823
XLIV

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,979,069 2,891,482 1,829,702 1,641,120 1,119,168 680,621 329,299 372,336 1,103,885 1,788,576 1,835,434 1,980,979 17,551,670
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
499,218 1,232,243 461,489 414,501 282,675 172,075 83,736 94,030 278,535 451,713 463,041 499,735 4,932,991

67,429 259,437 63,317 57,688 43,314 31,178 21,258 22,655 42,896 61,960 63,436 67,468 802,036
463,352 94,220 93,930 94,200 93,820 93,800 98,452 103,750 93,940 94,030 94,220 97,310 1,515,024
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
560,055 382,931 186,521 181,162 166,408 154,252 148,984 155,679 166,110 185,264 186,930 194,052 2,668,348

- 60,837 849,312 274,968 233,339 116,267 17,823 - 65,248 - 61,649 112,426 266,449 276,111 305,683 2,264,643
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000
- 77,504 832,645 258,301 216,672 99,600 1,157 - 81,915 - 78,316 95,759 249,782 259,444 289,016 2,064,643
- 23,251 249,794 77,490 65,002 29,880 347 - 24,574 - 23,495 28,728 74,935 77,833 86,705 619,393
- 54,253 582,852 180,811 151,671 69,720 810 - 57,340 - 54,821 67,031 174,847 181,611 202,311 1,445,250
1,676,357 2,259,208 2,440,019 2,591,690 2,661,410 2,662,220 2,604,879 2,550,058 2,617,090 2,791,937 2,973,548 3,175,859 1,445,250
XLV

I Love Wedding Company Limited


Income Statement
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,223,302 4,003,162 2,400,422 2,083,488 1,561,536 779,309 525,523 372,336 1,103,885 2,083,488 2,229,034 2,572,714 21,938,198
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
561,278 2,086,512 609,248 526,136 394,309 197,441 132,794 94,030 278,535 526,136 562,830 649,099 6,618,347

74,017 315,097 77,707 69,904 55,530 33,734 26,846 22,655 42,896 70,104 74,136 83,796 946,422
465,142 94,420 94,380 94,380 94,340 94,060 98,712 103,750 93,940 94,130 94,320 97,600 1,519,174
- - - - - - - - - - - - -
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
568,433 438,791 201,361 193,558 179,144 157,068 154,832 155,679 166,110 193,508 197,730 210,670 2,816,884

- 7,155 1,647,721 407,887 332,578 215,165 40,373 - 22,039 - 61,649 112,426 332,628 365,100 438,429 3,801,463
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 100,000
- 15,489 1,639,387 399,554 324,244 206,832 32,040 - 30,372 - 69,982 104,093 324,294 356,766 430,095 3,701,463
- 4,647 491,816 119,866 97,273 62,050 9,612 - 9,112 - 20,995 31,228 97,288 107,030 129,029 1,110,439
- 10,842 1,147,571 279,688 226,971 144,782 22,428 - 21,260 - 48,988 72,865 227,006 249,737 301,067 2,591,024
3,165,017 4,312,589 4,592,276 4,819,247 4,964,030 4,986,457 4,965,197 4,916,209 4,989,074 5,216,080 5,465,817 5,766,883 2,591,024
XLVI

Interest rate increase by 1%


Loan 5,000,000
Loan interest rate 11% /year

5 years Re principal Balance loan Interests Cash paid


Y1 5,000,000 1,000,000 4,000,000 550,000 5,550,000
Y2 4,000,000 1,000,000 3,000,000 440,000 4,440,000
Y3 3,000,000 1,000,000 2,000,000 330,000 3,330,000
Y4 2,000,000 1,000,000 1,000,000 220,000 2,220,000
Y5 1,000,000 1,000,000 - 110,000 1,110,000

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
cash received on cash sale 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
adjust depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total cash received 1,436,829 1,586,449 1,176,449 818,449 515,229 373,569 213,999 306,849 511,249 818,449 1,430,859 1,582,469 10,770,848
Cash paid -
cash piad for cost of goods sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
cash paid for operating expense 559,980 177,895 167,215 157,505 149,381 145,617 146,028 153,023 148,881 157,825 174,253 181,605 2,319,208
cash paid for income tax - 61,285 65,989 34,337 7,073 - 16,145 - 26,948 - 40,615 - 34,766 - 16,353 6,977 53,896 64,518 36,677
Total cash paid 1,507,611 1,360,259 1,024,115 729,730 480,685 364,232 236,552 315,754 477,191 729,954 1,232,886 1,359,712 9,818,680
Net cash flow from opreating activity - 70,782 226,190 152,334 88,719 34,544 9,337 - 22,553 - 8,905 34,058 88,495 197,973 222,757 952,167
Cash flow from investment activity -
Cash reveived -
cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
Cash paid investment on operating 888,810 - - - - - - - - - - - 888,810
Cash paid investment on administrative 913,528 - - - - - - - - - - - 913,528
Total cash paid 1,802,338 - - - - - - - - - - - 1,802,338
Net cash flow from investment activity - 1,802,338 - - - - - - - - - - - - 1,802,338
-
Cash flow fom financing activity -
cash received -
Borrowing cash 5,000,000 - - - - - - - - - - - 5,000,000
Total cash received 5,000,000 - - - - - - - - - - - 5,000,000
Cash paid -
- - - - - - - - - - - 1,000,000 1,000,000
cash paid for interest 45,833 45,833 45,833 45,833 45,833 45,833 45,833 45,833 45,833 45,833 45,833 45,833 550,000
Total cash paid 45,833 45,833 45,833 45,833 45,833 45,833 45,833 45,833 45,833 45,833 45,833 1,045,833 1,550,000
Net cash flow from finacing activity 4,954,167 - 45,833 - 45,833 - 45,833 - 45,833 - 45,833 - 45,833 - 45,833 - 45,833 - 45,833 - 45,833 - 1,045,833 3,450,000
-
Net increase/decrease in cash 3,081,047 180,357 106,501 42,886 - 11,289 - 36,497 - 68,387 - 54,738 - 11,775 42,662 152,140 - 823,076 2,599,829
Beginning cash - 3,081,047 3,261,404 3,367,904 3,410,790 3,399,501 3,363,004 3,294,618 3,239,880 3,228,104 3,270,766 3,422,905 -
Ending cash 3,081,047 3,261,404 3,367,904 3,410,790 3,399,501 3,363,004 3,294,618 3,239,880 3,228,104 3,270,766 3,422,905 2,599,829 2,599,829
XLVII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,734,079 2,632,509 1,629,289 818,449 581,949 381,529 270,769 316,799 515,229 1,176,449 1,584,459 1,736,069 13,377,578
-
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
551,870 373,506 179,472 157,705 151,575 146,017 148,113 153,822 149,481 167,805 178,665 185,987 2,544,018
- 31,234 248,908 71,463 9,513 - 8,707 - 23,851 - 34,040 - 31,610 - 13,675 36,660 68,079 78,710 370,214
1,743,076 1,987,842 1,398,660 732,370 538,383 373,300 286,314 326,674 483,255 1,027,028 1,361,726 1,488,530 11,747,156
- 8,997 644,667 230,629 86,079 43,566 8,229 - 15,545 - 9,875 31,974 149,421 222,733 247,539 1,630,421
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
36,667 36,667 36,667 36,667 36,667 36,667 36,667 36,667 36,667 36,667 36,667 36,667 440,000
36,667 36,667 36,667 36,667 36,667 36,667 36,667 36,667 36,667 36,667 36,667 1,036,667 1,440,000
- 36,667 - 36,667 - 36,667 - 36,667 - 36,667 - 36,667 - 36,667 - 36,667 - 36,667 - 36,667 - 36,667 - 1,036,667 - 1,440,000
-
- 45,663 608,001 193,963 49,412 6,899 - 28,438 - 52,212 - 46,541 - 4,693 112,754 186,067 - 789,128 190,421
2,599,829 2,554,166 3,162,167 3,356,129 3,405,542 3,412,441 3,384,003 3,331,791 3,285,250 3,280,557 3,393,312 3,579,379 2,599,829
2,554,166 3,162,167 3,356,129 3,405,542 3,412,441 3,384,003 3,331,791 3,285,250 3,280,557 3,393,312 3,579,379 2,790,251 - 2,409,408
XLVIII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,936,489 3,586,109 1,936,489 1,176,449 684,749 484,329 270,769 367,599 822,429 1,586,449 1,788,859 1,940,469 16,581,188
-
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
559,018 423,368 187,686 167,315 154,001 148,423 147,903 155,268 157,645 178,415 184,053 191,275 2,654,370
- 13,887 489,456 97,512 39,307 1,908 - 13,230 - 31,477 - 25,381 12,389 70,833 86,133 96,794 810,356
1,913,344 2,388,496 1,653,412 1,029,185 624,747 459,650 288,667 371,271 737,972 1,365,623 1,532,334 1,659,068 14,023,768
23,145 1,197,613 283,077 147,264 60,002 24,679 - 17,898 - 3,672 84,457 220,826 256,525 281,401 2,557,419
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 330,000
27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 1,027,500 1,330,000
- 27,500 - 27,500 - 27,500 - 27,500 - 27,500 - 27,500 - 27,500 - 27,500 - 27,500 - 27,500 - 27,500 - 1,027,500 - 1,330,000
-
- 4,355 1,170,113 255,577 119,764 32,502 - 2,821 - 45,398 - 31,172 56,957 193,326 229,025 - 746,099 1,227,419
2,790,251 2,785,896 3,956,008 4,211,586 4,331,350 4,363,852 4,361,031 4,315,633 4,284,461 4,341,418 4,534,744 4,763,769 2,790,251
2,785,896 3,956,008 4,211,586 4,331,350 4,363,852 4,361,031 4,315,633 4,284,461 4,341,418 4,534,744 4,763,769 4,017,670 - 1,562,831
XLIX

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520
18,282,990
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274351,288
2,090,804 3,041,234 1,935,214 1,738,774 1,195,074 738,254 372,294 417,124 1,179,154 1,892,374 1,941,184 2,092,794
18,634,278
-
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
560,055 382,931 186,521 181,162 166,408 154,252 148,984 155,679 166,110 185,264 186,930 194,052 2,668,348
1,487 285,937 100,362 85,516 43,870 8,855 - 20,458 - 18,841 42,526 97,292 100,776 111,467 838,789
2,041,393 2,328,107 1,655,096 1,493,297 1,046,771 671,652 374,089 415,145 1,033,985 1,619,419 1,660,099 1,786,763 16,125,816
49,411 713,127 280,118 245,477 148,303 66,602 - 1,795 1,979 145,169 272,955 281,085 306,031 2,508,462
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
18,333 18,333 18,333 18,333 18,333 18,333 18,333 18,333 18,333 18,333 18,333 18,333 220,000
18,333 18,333 18,333 18,333 18,333 18,333 18,333 18,333 18,333 18,333 18,333 1,018,333 1,220,000
- 18,333 - 18,333 - 18,333 - 18,333 - 18,333 - 18,333 - 18,333 - 18,333 - 18,333 - 18,333 - 18,333 - 1,018,333 - 1,220,000
-
31,078 694,794 261,785 227,144 129,970 48,268 - 20,128 - 16,354 126,835 254,622 262,752 - 712,303 1,288,462
4,017,670 4,048,747 4,743,541 5,005,326 5,232,470 5,362,440 5,410,708 5,390,579 5,374,226 5,501,061 5,755,682 6,018,434 4,017,670
4,048,747 4,743,541 5,005,326 5,232,470 5,362,440 5,410,708 5,390,579 5,374,226 5,501,061 5,755,682 6,018,434 5,306,131 - 2,729,208
L

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,91022,852,290
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
2,345,214 4,199,234 2,529,714 2,199,574 1,655,874 841,054 576,694 417,124 1,179,154 2,199,574 2,351,184 2,709,184 23,203,578
-
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
568,433 438,791 201,361 193,558 179,144 157,068 154,832 155,679 166,110 193,508 197,730 210,670 2,816,884
23,145 541,856 149,871 123,317 81,569 19,353 - 2,543 - 16,341 45,026 123,332 134,893 161,188 1,384,666
2,253,602 2,897,297 2,142,407 1,874,227 1,427,939 758,289 545,019 417,645 1,036,485 1,874,192 1,998,827 2,295,472 19,521,402
91,612 1,301,937 387,307 325,347 227,935 82,765 31,675 - 521 142,669 325,382 352,357 413,712 3,682,176
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 110,000
9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 9,167 1,009,167 1,110,000
- 9,167 - 9,167 - 9,167 - 9,167 - 9,167 - 9,167 - 9,167 - 9,167 - 9,167 - 9,167 - 9,167 - 1,009,167 - 1,110,000
-
82,445 1,292,771 378,140 316,180 218,768 73,598 22,508 - 9,687 133,502 316,215 343,191 - 595,455 2,572,176
5,306,131 5,388,576 6,681,347 7,059,487 7,375,668 7,594,435 7,668,034 7,690,542 7,680,854 7,814,357 8,130,572 8,473,762 5,306,131
5,388,576 6,681,347 7,059,487 7,375,668 7,594,435 7,668,034 7,690,542 7,680,854 7,814,357 8,130,572 8,473,762 7,878,307 - 2,733,956
LI

Interest rate increase by 2%


Loan 5,000,000
Loan interest rate 12% /year

5 years Re principal Balance loan Interests Cash paid


Y1 5,000,000 1,000,000 4,000,000 600,000 5,600,000
Y2 4,000,000 1,000,000 3,000,000 480,000 4,480,000
Y3 3,000,000 1,000,000 2,000,000 360,000 3,360,000
Y4 2,000,000 1,000,000 1,000,000 240,000 2,240,000
Y5 1,000,000 1,000,000 - 120,000 1,120,000

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
cash received on cash sale 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
adjust depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total cash received 1,436,829 1,586,449 1,176,449 818,449 515,229 373,569 213,999 306,849 511,249 818,449 1,430,859 1,582,469 10,770,848
Cash paid -
cash piad for cost of goods sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
cash paid for operating expense 559,980 177,895 167,215 157,505 149,381 145,617 146,028 153,023 148,881 157,825 174,253 181,605 2,319,208
cash paid for income tax - 61,285 65,989 34,337 7,073 - 16,145 - 26,948 - 40,615 - 34,766 - 16,353 6,977 53,896 64,518 36,677
Total cash paid 1,507,611 1,360,259 1,024,115 729,730 480,685 364,232 236,552 315,754 477,191 729,954 1,232,886 1,359,712 9,818,680
Net cash flow from opreating activity - 70,782 226,190 152,334 88,719 34,544 9,337 - 22,553 - 8,905 34,058 88,495 197,973 222,757 952,167
Cash flow from investment activity -
Cash reveived -
cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
Cash paid investment on operating 888,810 - - - - - - - - - - - 888,810
Cash paid investment on administrative 913,528 - - - - - - - - - - - 913,528
Total cash paid 1,802,338 - - - - - - - - - - - 1,802,338
Net cash flow from investment activity - 1,802,338 - - - - - - - - - - - - 1,802,338
-
Cash flow fom financing activity -
cash received -
Borrowing cash 5,000,000 - - - - - - - - - - - 5,000,000
Total cash received 5,000,000 - - - - - - - - - - - 5,000,000
Cash paid -
- - - - - - - - - - - 1,000,000 1,000,000
cash paid for interest 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 600,000
Total cash paid 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 1,050,000 1,600,000
Net cash flow from finacing activity 4,950,000 - 50,000 - 50,000 - 50,000 - 50,000 - 50,000 - 50,000 - 50,000 - 50,000 - 50,000 - 50,000 - 1,050,000 3,400,000
-
Net increase/decrease in cash 3,076,880 176,190 102,334 38,719 - 15,456 - 40,663 - 72,553 - 58,905 - 15,942 38,495 147,973 - 827,243 2,549,829
Beginning cash - 3,076,880 3,253,070 3,355,404 3,394,123 3,378,667 3,338,004 3,265,451 3,206,546 3,190,604 3,229,099 3,377,072 -
Ending cash 3,076,880 3,253,070 3,355,404 3,394,123 3,378,667 3,338,004 3,265,451 3,206,546 3,190,604 3,229,099 3,377,072 2,549,829 2,549,829
LII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,734,079 2,632,509 1,629,289 818,449 581,949 381,529 270,769 316,799 515,229 1,176,449 1,584,459 1,736,069 13,377,578
-
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
551,870 373,506 179,472 157,705 151,575 146,017 148,113 153,822 149,481 167,805 178,665 185,987 2,544,018
- 31,234 248,908 71,463 9,513 - 8,707 - 23,851 - 34,040 - 31,610 - 13,675 36,660 68,079 78,710 370,214
1,743,076 1,987,842 1,398,660 732,370 538,383 373,300 286,314 326,674 483,255 1,027,028 1,361,726 1,488,530 11,747,156
- 8,997 644,667 230,629 86,079 43,566 8,229 - 15,545 - 9,875 31,974 149,421 222,733 247,539 1,630,421
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 480,000
40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 1,040,000 1,480,000
- 40,000 - 40,000 - 40,000 - 40,000 - 40,000 - 40,000 - 40,000 - 40,000 - 40,000 - 40,000 - 40,000 - 1,040,000 - 1,480,000
-
- 48,997 604,667 190,629 46,079 3,566 - 31,771 - 55,545 - 49,875 - 8,026 109,421 182,733 - 792,461 150,421
2,549,829 2,500,832 3,105,500 3,296,129 3,342,208 3,345,774 3,314,003 3,258,458 3,208,583 3,200,557 3,309,979 3,492,712 2,549,829
2,500,832 3,105,500 3,296,129 3,342,208 3,345,774 3,314,003 3,258,458 3,208,583 3,200,557 3,309,979 3,492,712 2,700,251 - 2,399,408
LIII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,936,489 3,586,109 1,936,489 1,176,449 684,749 484,329 270,769 367,599 822,429 1,586,449 1,788,859 1,940,469 16,581,188
-
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
559,018 423,368 187,686 167,315 154,001 148,423 147,903 155,268 157,645 178,415 184,053 191,275 2,654,370
- 13,887 489,456 97,512 39,307 1,908 - 13,230 - 31,477 - 25,381 12,389 70,833 86,133 96,794 810,356
1,913,344 2,388,496 1,653,412 1,029,185 624,747 459,650 288,667 371,271 737,972 1,365,623 1,532,334 1,659,068 14,023,768
23,145 1,197,613 283,077 147,264 60,002 24,679 - 17,898 - 3,672 84,457 220,826 256,525 281,401 2,557,419
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 360,000
30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 1,030,000 1,360,000
- 30,000 - 30,000 - 30,000 - 30,000 - 30,000 - 30,000 - 30,000 - 30,000 - 30,000 - 30,000 - 30,000 - 1,030,000 - 1,360,000
-
- 6,855 1,167,613 253,077 117,264 30,002 - 5,321 - 47,898 - 33,672 54,457 190,826 226,525 - 748,599 1,197,419
2,700,251 2,693,396 3,861,008 4,114,086 4,231,350 4,261,352 4,256,031 4,208,133 4,174,461 4,228,918 4,419,744 4,646,269 2,700,251
2,693,396 3,861,008 4,114,086 4,231,350 4,261,352 4,256,031 4,208,133 4,174,461 4,228,918 4,419,744 4,646,269 3,897,670 - 1,502,831
LIV

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520
18,282,990
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274
351,288
2,090,804 3,041,234 1,935,214 1,738,774 1,195,074 738,254 372,294 417,124 1,179,154 1,892,374 1,941,184 2,092,794
18,634,278
-
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
560,055 382,931 186,521 181,162 166,408 154,252 148,984 155,679 166,110 185,264 186,930 194,052 2,668,348
1,487 285,937 100,362 85,516 43,870 8,855 - 20,458 - 18,841 42,526 97,292 100,776 111,467 838,789
2,041,393 2,328,107 1,655,096 1,493,297 1,046,771 671,652 374,089 415,145 1,033,985 1,619,419 1,660,099 1,786,763 16,125,816
49,411 713,127 280,118 245,477 148,303 66,602 - 1,795 1,979 145,169 272,955 281,085 306,031 2,508,462
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 240,000
20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 1,020,000 1,240,000
- 20,000 - 20,000 - 20,000 - 20,000 - 20,000 - 20,000 - 20,000 - 20,000 - 20,000 - 20,000 - 20,000 - 1,020,000 - 1,240,000
-
29,411 693,127 260,118 225,477 128,303 46,602 - 21,795 - 18,021 125,169 252,955 261,085 - 713,969 1,268,462
3,897,670 3,927,081 4,620,208 4,880,326 5,105,803 5,234,106 5,280,708 5,258,913 5,240,892 5,366,061 5,619,016 5,880,101 3,897,670
3,927,081 4,620,208 4,880,326 5,105,803 5,234,106 5,280,708 5,258,913 5,240,892 5,366,061 5,619,016 5,880,101 5,166,131 - 2,629,208
LV

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,910 22,852,290
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
2,345,214 4,199,234 2,529,714 2,199,574 1,655,874 841,054 576,694 417,124 1,179,154 2,199,574 2,351,184 2,709,184 23,203,578
-
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
568,433 438,791 201,361 193,558 179,144 157,068 154,832 155,679 166,110 193,508 197,730 210,670 2,816,884
23,145 541,856 149,871 123,317 81,569 19,353 - 2,543 - 16,341 45,026 123,332 134,893 161,188 1,384,666
2,253,602 2,897,297 2,142,407 1,874,227 1,427,939 758,289 545,019 417,645 1,036,485 1,874,192 1,998,827 2,295,472 19,521,402
91,612 1,301,937 387,307 325,347 227,935 82,765 31,675 - 521 142,669 325,382 352,357 413,712 3,682,176
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 120,000
10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 1,010,000 1,120,000
- 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 10,000 - 1,010,000 - 1,120,000
-
81,612 1,291,937 377,307 315,347 217,935 72,765 21,675 - 10,521 132,669 315,382 342,357 - 596,288 2,562,176
5,166,131 5,247,743 6,539,680 6,916,987 7,232,334 7,450,269 7,523,034 7,544,708 7,534,188 7,666,857 7,982,238 8,324,596 5,166,131
5,247,743 6,539,680 6,916,987 7,232,334 7,450,269 7,523,034 7,544,708 7,534,188 7,666,857 7,982,238 8,324,596 7,728,307 - 2,603,956
LVI

Interest rate increase by 3%


Loan 5,000,000
Loan interest rate 13% /year

5 years Re principal Balance loan Interests Cash paid


Y1 5,000,000 1,000,000 4,000,000 650,000 5,650,000
Y2 4,000,000 1,000,000 3,000,000 520,000 4,520,000
Y3 3,000,000 1,000,000 2,000,000 390,000 3,390,000
Y4 2,000,000 1,000,000 1,000,000 260,000 2,260,000
Y5 1,000,000 1,000,000 - 130,000 1,130,000

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
cash received on cash sale 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
adjust depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total cash received 1,436,829 1,586,449 1,176,449 818,449 515,229 373,569 213,999 306,849 511,249 818,449 1,430,859 1,582,469 10,770,848
Cash paid -
cash piad for cost of goods sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
cash paid for operating expense 559,980 177,895 167,215 157,505 149,381 145,617 146,028 153,023 148,881 157,825 174,253 181,605 2,319,208
cash paid for income tax - 61,285 65,989 34,337 7,073 - 16,145 - 26,948 - 40,615 - 34,766 - 16,353 6,977 53,896 64,518 36,677
Total cash paid 1,507,611 1,360,259 1,024,115 729,730 480,685 364,232 236,552 315,754 477,191 729,954 1,232,886 1,359,712 9,818,680
Net cash flow from opreating activity - 70,782 226,190 152,334 88,719 34,544 9,337 - 22,553 - 8,905 34,058 88,495 197,973 222,757 952,167
Cash flow from investment activity -
Cash reveived -
cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
Cash paid investment on operating 888,810 - - - - - - - - - - - 888,810
Cash paid investment on administrative 913,528 - - - - - - - - - - - 913,528
Total cash paid 1,802,338 - - - - - - - - - - - 1,802,338
Net cash flow from investment activity - 1,802,338 - - - - - - - - - - - - 1,802,338
-
Cash flow fom financing activity -
cash received -
Borrowing cash 5,000,000 - - - - - - - - - - - 5,000,000
Total cash received 5,000,000 - - - - - - - - - - - 5,000,000
Cash paid -
- - - - - - - - - - - 1,000,000 1,000,000
cash paid for interest 54,167 54,167 54,167 54,167 54,167 54,167 54,167 54,167 54,167 54,167 54,167 54,167 650,000
Total cash paid 54,167 54,167 54,167 54,167 54,167 54,167 54,167 54,167 54,167 54,167 54,167 1,054,167 1,650,000
Net cash flow from finacing activity 4,945,833 - 54,167 - 54,167 - 54,167 - 54,167 - 54,167 - 54,167 - 54,167 - 54,167 - 54,167 - 54,167 - 1,054,167 3,350,000
-
Net increase/decrease in cash 3,072,713 172,024 98,167 34,552 - 19,623 - 44,830 - 76,720 - 63,071 - 20,109 34,328 143,806 - 831,409 2,499,829
Beginning cash - 3,072,713 3,244,737 3,342,904 3,377,457 3,357,834 3,313,004 3,236,284 3,173,213 3,153,104 3,187,432 3,331,239 -
Ending cash 3,072,713 3,244,737 3,342,904 3,377,457 3,357,834 3,313,004 3,236,284 3,173,213 3,153,104 3,187,432 3,331,239 2,499,829 2,499,829
LVII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,734,079 2,632,509 1,629,289 818,449 581,949 381,529 270,769 316,799 515,229 1,176,449 1,584,459 1,736,069 13,377,578
-
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
551,870 373,506 179,472 157,705 151,575 146,017 148,113 153,822 149,481 167,805 178,665 185,987 2,544,018
- 31,234 248,908 71,463 9,513 - 8,707 - 23,851 - 34,040 - 31,610 - 13,675 36,660 68,079 78,710 370,214
1,743,076 1,987,842 1,398,660 732,370 538,383 373,300 286,314 326,674 483,255 1,027,028 1,361,726 1,488,530 11,747,156
- 8,997 644,667 230,629 86,079 43,566 8,229 - 15,545 - 9,875 31,974 149,421 222,733 247,539 1,630,421
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
43,333 43,333 43,333 43,333 43,333 43,333 43,333 43,333 43,333 43,333 43,333 43,333 520,000
43,333 43,333 43,333 43,333 43,333 43,333 43,333 43,333 43,333 43,333 43,333 1,043,333 1,520,000
- 43,333 - 43,333 - 43,333 - 43,333 - 43,333 - 43,333 - 43,333 - 43,333 - 43,333 - 43,333 - 43,333 - 1,043,333 - 1,520,000
-
- 52,330 601,334 187,296 42,746 232 - 35,104 - 58,878 - 53,208 - 11,359 106,088 179,400 - 795,795 110,421
2,499,829 2,447,499 3,048,833 3,236,129 3,278,875 3,279,107 3,244,003 3,185,125 3,131,917 3,120,557 3,226,645 3,406,045 2,499,829
2,447,499 3,048,833 3,236,129 3,278,875 3,279,107 3,244,003 3,185,125 3,131,917 3,120,557 3,226,645 3,406,045 2,610,251 - 2,389,408
LVIII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,936,489 3,586,109 1,936,489 1,176,449 684,749 484,329 270,769 367,599 822,429 1,586,449 1,788,859 1,940,469 16,581,188
-
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
559,018 423,368 187,686 167,315 154,001 148,423 147,903 155,268 157,645 178,415 184,053 191,275 2,654,370
- 13,887 489,456 97,512 39,307 1,908 - 13,230 - 31,477 - 25,381 12,389 70,833 86,133 96,794 810,356
1,913,344 2,388,496 1,653,412 1,029,185 624,747 459,650 288,667 371,271 737,972 1,365,623 1,532,334 1,659,068 14,023,768
23,145 1,197,613 283,077 147,264 60,002 24,679 - 17,898 - 3,672 84,457 220,826 256,525 281,401 2,557,419
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
32,500 32,500 32,500 32,500 32,500 32,500 32,500 32,500 32,500 32,500 32,500 32,500 390,000
32,500 32,500 32,500 32,500 32,500 32,500 32,500 32,500 32,500 32,500 32,500 1,032,500 1,390,000
- 32,500 - 32,500 - 32,500 - 32,500 - 32,500 - 32,500 - 32,500 - 32,500 - 32,500 - 32,500 - 32,500 - 1,032,500 - 1,390,000
-
- 9,355 1,165,113 250,577 114,764 27,502 - 7,821 - 50,398 - 36,172 51,957 188,326 224,025 - 751,099 1,167,419
2,610,251 2,600,896 3,766,008 4,016,586 4,131,350 4,158,852 4,151,031 4,100,633 4,064,461 4,116,418 4,304,744 4,528,769 2,610,251
2,600,896 3,766,008 4,016,586 4,131,350 4,158,852 4,151,031 4,100,633 4,064,461 4,116,418 4,304,744 4,528,769 3,777,670 - 1,442,831
LIX

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520
18,282,990
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274
351,288
2,090,804 3,041,234 1,935,214 1,738,774 1,195,074 738,254 372,294 417,124 1,179,154 1,892,374 1,941,184 2,092,794
18,634,278
-
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
560,055 382,931 186,521 181,162 166,408 154,252 148,984 155,679 166,110 185,264 186,930 194,052 2,668,348
1,487 285,937 100,362 85,516 43,870 8,855 - 20,458 - 18,841 42,526 97,292 100,776 111,467 838,789
2,041,393 2,328,107 1,655,096 1,493,297 1,046,771 671,652 374,089 415,145 1,033,985 1,619,419 1,660,099 1,786,763 16,125,816
49,411 713,127 280,118 245,477 148,303 66,602 - 1,795 1,979 145,169 272,955 281,085 306,031 2,508,462
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
21,667 21,667 21,667 21,667 21,667 21,667 21,667 21,667 21,667 21,667 21,667 21,667 260,000
21,667 21,667 21,667 21,667 21,667 21,667 21,667 21,667 21,667 21,667 21,667 1,021,667 1,260,000
- 21,667 - 21,667 - 21,667 - 21,667 - 21,667 - 21,667 - 21,667 - 21,667 - 21,667 - 21,667 - 21,667 - 1,021,667 - 1,260,000
-
27,744 691,460 258,451 223,811 126,636 44,935 - 23,462 - 19,687 123,502 251,288 259,418 - 715,636 1,248,462
3,777,670 3,805,414 4,496,875 4,755,326 4,979,137 5,105,773 5,150,708 5,127,246 5,107,559 5,231,061 5,482,349 5,741,768 3,777,670
3,805,414 4,496,875 4,755,326 4,979,137 5,105,773 5,150,708 5,127,246 5,107,559 5,231,061 5,482,349 5,741,768 5,026,131 - 2,529,208
LX

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,910 22,852,290
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
2,345,214 4,199,234 2,529,714 2,199,574 1,655,874 841,054 576,694 417,124 1,179,154 2,199,574 2,351,184 2,709,184 23,203,578
-
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
568,433 438,791 201,361 193,558 179,144 157,068 154,832 155,679 166,110 193,508 197,730 210,670 2,816,884
23,145 541,856 149,871 123,317 81,569 19,353 - 2,543 - 16,341 45,026 123,332 134,893 161,188 1,384,666
2,253,602 2,897,297 2,142,407 1,874,227 1,427,939 758,289 545,019 417,645 1,036,485 1,874,192 1,998,827 2,295,472 19,521,402
91,612 1,301,937 387,307 325,347 227,935 82,765 31,675 - 521 142,669 325,382 352,357 413,712 3,682,176
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
10,833 10,833 10,833 10,833 10,833 10,833 10,833 10,833 10,833 10,833 10,833 10,833 130,000
10,833 10,833 10,833 10,833 10,833 10,833 10,833 10,833 10,833 10,833 10,833 1,010,833 1,130,000
- 10,833 - 10,833 - 10,833 - 10,833 - 10,833 - 10,833 - 10,833 - 10,833 - 10,833 - 10,833 - 10,833 - 1,010,833 - 1,130,000
-
80,778 1,291,104 376,474 314,514 217,101 71,932 20,841 - 11,354 131,835 314,549 341,524 - 597,122 2,552,176
5,026,131 5,106,910 6,398,014 6,774,487 7,089,001 7,306,102 7,378,034 7,398,875 7,387,521 7,519,357 7,833,905 8,175,429 5,026,131
5,106,910 6,398,014 6,774,487 7,089,001 7,306,102 7,378,034 7,398,875 7,387,521 7,519,357 7,833,905 8,175,429 7,578,307 - 2,473,956
LXI

Cost/Expense increase by 2% 102%


I Love Wedding Company Limited
Statement Of Cash Flow
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
cash received on cash sale 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
adjust depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total cash received 1,436,829 1,586,449 1,176,449 818,449 515,229 373,569 213,999 306,849 511,249 818,449 1,430,859 1,582,469 10,770,848
Cash paid -
cash paid for cost of goods sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
cash paid for operating expense 571,179 181,453 170,559 160,655 152,368 148,530 148,949 156,083 151,859 160,981 177,738 185,237 562,907
cash paid for income tax - 61,285 65,989 34,337 7,073 - 16,145 - 26,948 - 40,615 - 34,766 - 16,353 6,977 53,896 64,518 36,677
Total cash paid 1,518,811 1,363,816 1,027,459 732,880 483,673 367,145 239,473 318,814 480,169 733,111 1,236,371 1,363,344 9,865,064
Net cash flow from opreating activity - 81,982 222,632 148,990 85,569 31,556 6,424 - 25,474 - 11,965 31,080 85,338 194,488 219,125 905,783
Cash flow from investment activity -
Cash reveived -
cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
Cash paid investment on operating 888,810 - - - - - - - - - - - 888,810
Cash paid investment on administrative 913,528 - - - - - - - - - - - 913,528
Total cash paid 1,802,338 - - - - - - - - - - - 1,802,338
Net cash flow from investment activity - 1,802,338 - - - - - - - - - - - - 1,802,338
-
Cash flow fom financing activity -
cash received -
Borrowing cash 5,000,000 - - - - - - - - - - - 5,000,000
Total cash received 5,000,000 - - - - - - - - - - - 5,000,000
Cash paid -
- - - - - - - - - - - 1,000,000 1,000,000
cash paid for interest 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000
Total cash paid 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 1,041,667 1,500,000
Net cash flow from finacing activity 4,958,333 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 1,041,667 3,500,000
-
Net increase/decrease in cash 3,074,014 180,966 107,323 43,902 - 10,110 - 35,242 - 67,140 - 53,632 - 10,586 43,672 152,821 - 822,541 2,603,445
Beginning cash - 3,074,014 3,254,979 3,362,303 3,406,205 3,396,095 3,360,852 3,293,712 3,240,080 3,229,494 3,273,165 3,425,987 -
Ending cash 3,074,014 3,254,979 3,362,303 3,406,205 3,396,095 3,360,852 3,293,712 3,240,080 3,229,494 3,273,165 3,425,987 2,603,445 2,603,445
LXII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,734,079 2,632,509 1,629,289 818,449 581,949 381,529 270,769 316,799 515,229 1,176,449 1,584,459 1,736,069 13,377,578
-
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
562,907 380,976 183,061 160,859 154,606 148,937 151,076 156,898 152,470 171,161 182,238 189,707 2,594,898
- 31,234 248,908 71,463 9,513 - 8,707 - 23,851 - 34,040 - 31,610 - 13,675 36,660 68,079 78,710 370,214
1,754,113 1,995,312 1,402,249 735,524 541,415 376,220 289,276 329,750 486,245 1,030,384 1,365,299 1,492,250 11,798,037
- 20,034 637,197 227,040 82,925 40,534 5,309 - 18,507 - 12,951 28,984 146,065 219,160 243,819 1,579,541
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 400,000
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 1,033,333 1,400,000
- 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 1,033,333 - 1,400,000
-
- 53,368 603,864 193,707 49,592 7,201 - 28,025 - 51,840 - 46,284 - 4,349 112,732 185,827 - 789,514 179,541
2,603,445 2,550,078 3,153,941 3,347,648 3,397,240 3,404,440 3,376,416 3,324,575 3,278,291 3,273,942 3,386,674 3,572,500 2,603,445
2,550,078 3,153,941 3,347,648 3,397,240 3,404,440 3,376,416 3,324,575 3,278,291 3,273,942 3,386,674 3,572,500 2,782,986 - 2,423,904
LXIII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,936,489 3,586,109 1,936,489 1,176,449 684,749 484,329 270,769 367,599 822,429 1,586,449 1,788,859 1,940,469 16,581,188
-
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
570,198 431,836 191,439 170,661 157,081 151,391 150,861 158,373 160,797 181,983 187,734 195,101 2,707,457
- 13,887 489,456 97,512 39,307 1,908 - 13,230 - 31,477 - 25,381 12,389 70,833 86,133 96,794 810,356
1,924,524 2,396,963 1,657,165 1,032,531 627,827 462,618 291,625 374,377 741,125 1,369,191 1,536,015 1,662,894 14,076,856
11,965 1,189,145 279,324 143,918 56,922 21,711 - 20,856 - 6,778 81,304 217,258 252,844 277,575 2,504,332
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 1,025,000 1,300,000
- 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 1,025,000 - 1,300,000
-
- 13,035 1,164,145 254,324 118,918 31,922 - 3,289 - 45,856 - 31,778 56,304 192,258 227,844 - 747,425 1,204,332
2,782,986 2,769,951 3,934,096 4,188,420 4,307,338 4,339,260 4,335,970 4,290,114 4,258,337 4,314,641 4,506,899 4,734,743 2,782,986
2,769,951 3,934,096 4,188,420 4,307,338 4,339,260 4,335,970 4,290,114 4,258,337 4,314,641 4,506,899 4,734,743 3,987,318 - 1,578,654
LXIV

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520
18,282,990
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
2,090,804 3,041,234 1,935,214 1,738,774 1,195,074 738,254 372,294 417,124 1,179,154 1,892,374 1,941,184 2,092,794
18,634,278
-
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
571,256 390,590 190,251 184,785 169,736 157,337 151,964 158,793 169,432 188,969 190,669 197,933 2,721,715
1,487 285,937 100,362 85,516 43,870 8,855 - 20,458 - 18,841 42,526 97,292 100,776 111,467 838,789
2,052,594 2,335,766 1,658,826 1,496,920 1,050,099 674,737 377,069 418,258 1,037,307 1,623,124 1,663,838 1,790,645 16,179,183
38,210 705,468 276,388 241,854 144,975 63,517 - 4,775 - 1,134 141,847 269,250 277,346 302,149 2,455,095
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 1,016,667 1,200,000
- 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 1,016,667 - 1,200,000
-
21,543 688,802 259,721 225,187 128,308 46,850 - 21,441 - 17,801 125,180 252,583 260,680 - 714,517 1,255,095
3,987,318 4,008,861 4,697,663 4,957,384 5,182,571 5,310,879 5,357,729 5,336,288 5,318,487 5,443,667 5,696,250 5,956,930 3,987,318
4,008,861 4,697,663 4,957,384 5,182,571 5,310,879 5,357,729 5,336,288 5,318,487 5,443,667 5,696,250 5,956,930 5,242,413 - 2,732,223
LXV

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,910 22,852,290
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
2,345,214 4,199,234 2,529,714 2,199,574 1,655,874 841,054 576,694 417,124 1,179,154 2,199,574 2,351,184 2,709,184 23,203,578
-
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
579,802 447,567 205,388 197,429 182,727 160,209 157,929 158,793 169,432 197,378 201,685 214,884 2,873,221
23,145 541,856 149,871 123,317 81,569 19,353 - 2,543 - 16,341 45,026 123,332 134,893 161,188 1,384,666
2,264,971 2,906,072 2,146,434 1,878,098 1,431,522 761,430 548,116 420,758 1,039,807 1,878,062 2,002,781 2,299,686 19,577,740
80,243 1,293,161 383,280 321,476 224,352 79,624 28,578 - 3,634 139,347 321,512 348,403 409,498 3,625,838
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 100,000
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 1,008,333 1,100,000
- 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 1,008,333 - 1,100,000
-
71,910 1,284,828 374,947 313,142 216,018 71,290 20,245 - 11,968 131,013 313,178 340,069 - 598,835 2,525,838
5,242,413 5,314,322 6,599,150 6,974,097 7,287,239 7,503,258 7,574,548 7,594,792 7,582,825 7,713,838 8,027,016 8,367,086 5,242,413
5,314,322 6,599,150 6,974,097 7,287,239 7,503,258 7,574,548 7,594,792 7,582,825 7,713,838 8,027,016 8,367,086 7,768,251 - 2,716,574
LXVI

Cost/Expense increase by 4% 104%


I Love Wedding Company Limited
Statement Of Cash Flow
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
cash received on cash sale 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
adjust depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total cash received 1,436,829 1,586,449 1,176,449 818,449 515,229 373,569 213,999 306,849 511,249 818,449 1,430,859 1,582,469 10,770,848
Cash paid -
cash paid for cost of goods sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
cash paid for operating expense 582,379 185,011 173,904 163,805 155,356 151,442 151,869 159,144 154,836 164,138 181,223 188,870 573,945
cash paid for income tax - 61,285 65,989 34,337 7,073 - 16,145 - 26,948 - 40,615 - 34,766 - 16,353 6,977 53,896 64,518 36,677
Total cash paid 1,530,010 1,367,374 1,030,803 736,030 486,660 370,057 242,393 321,875 483,146 736,267 1,239,856 1,366,976 9,911,449
Net cash flow from opreating activity - 93,181 219,075 145,646 82,419 28,569 3,512 - 28,394 - 15,026 28,103 82,182 191,003 215,493 859,399
Cash flow from investment activity -
Cash reveived -
cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
Cash paid investment on operating 888,810 - - - - - - - - - - - 888,810
Cash paid investment on administrative 913,528 - - - - - - - - - - - 913,528
Total cash paid 1,802,338 - - - - - - - - - - - 1,802,338
Net cash flow from investment activity - 1,802,338 - - - - - - - - - - - - 1,802,338
-
Cash flow fom financing activity -
cash received -
Borrowing cash 5,000,000 - - - - - - - - - - - 5,000,000
Total cash received 5,000,000 - - - - - - - - - - - 5,000,000
Cash paid -
- - - - - - - - - - - 1,000,000 1,000,000
cash paid for interest 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000
Total cash paid 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 1,041,667 1,500,000
Net cash flow from finacing activity 4,958,333 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 1,041,667 3,500,000
-
Net increase/decrease in cash 3,062,814 177,408 103,979 40,752 - 13,098 - 38,155 - 70,061 - 56,692 - 13,564 40,515 149,336 - 826,174 2,557,061
Beginning cash - 3,062,814 3,240,222 3,344,201 3,384,953 3,371,855 3,333,701 3,263,640 3,206,947 3,193,383 3,233,898 3,383,235 -
Ending cash 3,062,814 3,240,222 3,344,201 3,384,953 3,371,855 3,333,701 3,263,640 3,206,947 3,193,383 3,233,898 3,383,235 2,557,061 2,557,061
LXVII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,734,079 2,632,509 1,629,289 818,449 581,949 381,529 270,769 316,799 515,229 1,176,449 1,584,459 1,736,069 13,377,578
-
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
573,945 388,446 186,651 164,013 157,638 151,857 154,038 159,975 155,460 174,517 185,812 193,427 2,645,778
- 31,234 248,908 71,463 9,513 - 8,707 - 23,851 - 34,040 - 31,610 - 13,675 36,660 68,079 78,710 370,214
1,765,151 2,002,782 1,405,838 738,678 544,446 379,141 292,238 332,826 489,234 1,033,740 1,368,872 1,495,970 11,848,917
- 31,072 629,727 223,451 79,771 37,503 2,388 - 21,469 - 16,027 25,995 142,709 215,587 240,099 1,528,661
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 400,000
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 1,033,333 1,400,000
- 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 1,033,333 - 1,400,000
-
- 64,405 596,394 190,117 46,437 4,169 - 30,945 - 54,803 - 49,361 - 7,339 109,376 182,253 - 793,234 128,661
2,557,061 2,492,656 3,089,050 3,279,167 3,325,604 3,329,774 3,298,829 3,244,026 3,194,665 3,187,327 3,296,702 3,478,956 2,557,061
2,492,656 3,089,050 3,279,167 3,325,604 3,329,774 3,298,829 3,244,026 3,194,665 3,187,327 3,296,702 3,478,956 2,685,722 - 2,428,400
LXVIII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,936,489 3,586,109 1,936,489 1,176,449 684,749 484,329 270,769 367,599 822,429 1,586,449 1,788,859 1,940,469 16,581,188
-
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
581,379 440,303 195,193 174,008 160,161 154,359 153,820 161,479 163,950 185,552 191,415 198,926 2,760,545
- 13,887 489,456 97,512 39,307 1,908 - 13,230 - 31,477 - 25,381 12,389 70,833 86,133 96,794 810,356
1,935,705 2,405,431 1,660,919 1,035,877 630,907 465,587 294,583 377,482 744,278 1,372,759 1,539,696 1,666,719 14,129,943
784 1,180,678 275,570 140,572 53,842 18,742 - 23,814 - 9,883 78,151 213,690 249,163 273,750 2,451,244
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 1,025,000 1,300,000
- 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 1,025,000 - 1,300,000
-
- 24,216 1,155,678 250,570 115,572 28,842 - 6,258 - 48,814 - 34,883 53,151 188,690 224,163 - 751,250 1,151,244
2,685,722 2,661,506 3,817,184 4,067,754 4,183,326 4,212,167 4,205,910 4,157,096 4,122,213 4,175,364 4,364,054 4,588,217 2,685,722
2,661,506 3,817,184 4,067,754 4,183,326 4,212,167 4,205,910 4,157,096 4,122,213 4,175,364 4,364,054 4,588,217 3,836,966 - 1,534,477
LXIX

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520
18,282,990
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
2,090,804 3,041,234 1,935,214 1,738,774 1,195,074 738,254 372,294 417,124 1,179,154 1,892,374 1,941,184 2,092,794
18,634,278
-
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
582,457 398,248 193,982 188,408 173,064 160,422 154,944 161,906 172,754 192,675 194,407 201,814 2,775,082
1,487 285,937 100,362 85,516 43,870 8,855 - 20,458 - 18,841 42,526 97,292 100,776 111,467 838,789
2,063,795 2,343,424 1,662,557 1,500,543 1,053,427 677,822 380,048 421,372 1,040,630 1,626,830 1,667,576 1,794,526 16,232,550
27,009 697,810 272,657 238,231 141,647 60,432 - 7,754 - 4,248 138,524 265,544 273,608 298,268 2,401,728
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 1,016,667 1,200,000
- 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 1,016,667 - 1,200,000
-
10,342 681,143 255,990 221,564 124,980 43,765 - 24,421 - 20,914 121,858 248,878 256,941 - 718,398 1,201,728
3,836,966 3,847,308 4,528,451 4,784,442 5,006,006 5,130,986 5,174,751 5,150,330 5,129,415 5,251,273 5,500,151 5,757,092 3,836,966
3,847,308 4,528,451 4,784,442 5,006,006 5,130,986 5,174,751 5,150,330 5,129,415 5,251,273 5,500,151 5,757,092 5,038,694 - 2,635,238
LXX

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,91022,852,290
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
2,345,214 4,199,234 2,529,714 2,199,574 1,655,874 841,054 576,694 417,124 1,179,154 2,199,574 2,351,184 2,709,184 23,203,578
-
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
591,170 456,343 209,415 201,300 186,310 163,350 161,026 161,906 172,754 201,248 205,639 219,097 2,929,559
23,145 541,856 149,871 123,317 81,569 19,353 - 2,543 - 16,341 45,026 123,332 134,893 161,188 1,384,666
2,276,340 2,914,848 2,150,461 1,881,969 1,435,105 764,572 551,213 423,872 1,043,130 1,881,932 2,006,736 2,303,899 19,634,077
68,874 1,284,386 379,253 317,605 220,769 76,482 25,481 - 6,748 136,024 317,642 344,448 405,285 3,569,500
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 100,000
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 1,008,333 1,100,000
- 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 1,008,333 - 1,100,000
-
60,541 1,276,052 370,919 309,271 212,435 68,149 17,148 - 15,081 127,691 309,308 336,115 - 603,049 2,469,500
5,038,694 5,099,235 6,375,287 6,746,206 7,055,478 7,267,913 7,336,062 7,353,210 7,338,129 7,465,820 7,775,128 8,111,243 5,038,694
5,099,235 6,375,287 6,746,206 7,055,478 7,267,913 7,336,062 7,353,210 7,338,129 7,465,820 7,775,128 8,111,243 7,508,194 - 2,569,193
LXXI

Cost/Expense increase by 6% 106%


I Love Wedding Company Limited
Statement Of Cash Flow
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
cash received on cash sale 1,406,280 1,555,900 1,145,900 787,900 484,680 343,020 183,450 276,300 480,700 787,900 1,400,310 1,551,920 10,404,260
adjust depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total cash received 1,436,829 1,586,449 1,176,449 818,449 515,229 373,569 213,999 306,849 511,249 818,449 1,430,859 1,582,469 10,770,848
Cash paid -
cash paid for cost of goods sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
cash paid for operating expense 593,579 188,569 177,248 166,955 158,343 154,354 154,790 162,204 157,814 167,294 184,708 192,502 584,982
cash paid for income tax - 61,285 65,989 34,337 7,073 - 16,145 - 26,948 - 40,615 - 34,766 - 16,353 6,977 53,896 64,518 36,677
Total cash paid 1,541,210 1,370,932 1,034,148 739,180 489,648 372,969 245,314 324,935 486,124 739,424 1,243,341 1,370,608 9,957,833
Net cash flow from opreating activity - 104,381 215,517 142,301 79,269 25,581 600 - 31,315 - 18,086 25,125 79,025 187,518 211,861 813,015
Cash flow from investment activity -
Cash reveived -
cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
Cash paid investment on operating 888,810 - - - - - - - - - - - 888,810
Cash paid investment on administrative 913,528 - - - - - - - - - - - 913,528
Total cash paid 1,802,338 - - - - - - - - - - - 1,802,338
Net cash flow from investment activity - 1,802,338 - - - - - - - - - - - - 1,802,338
-
Cash flow fom financing activity -
cash received -
Borrowing cash 5,000,000 - - - - - - - - - - - 5,000,000
Total cash received 5,000,000 - - - - - - - - - - - 5,000,000
Cash paid -
- - - - - - - - - - - 1,000,000 1,000,000
cash paid for interest 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000
Total cash paid 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 1,041,667 1,500,000
Net cash flow from finacing activity 4,958,333 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 1,041,667 3,500,000
-
Net increase/decrease in cash 3,051,614 173,850 100,635 37,602 - 16,085 - 41,067 - 72,982 - 59,753 - 16,542 37,359 145,851 - 829,806 2,510,677
Beginning cash - 3,051,614 3,225,464 3,326,099 3,363,701 3,347,616 3,306,549 3,233,567 3,173,814 3,157,273 3,194,631 3,340,482 -
Ending cash 3,051,614 3,225,464 3,326,099 3,363,701 3,347,616 3,306,549 3,233,567 3,173,814 3,157,273 3,194,631 3,340,482 2,510,677 2,510,677
LXXII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,703,530 2,601,960 1,598,740 787,900 551,400 350,980 240,220 286,250 484,680 1,145,900 1,553,910 1,705,520 13,010,990
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,734,079 2,632,509 1,629,289 818,449 581,949 381,529 270,769 316,799 515,229 1,176,449 1,584,459 1,736,069 13,377,578
-
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
584,982 395,917 190,240 167,167 160,669 154,778 157,000 163,051 158,449 177,873 189,385 197,147 2,696,659
- 31,234 248,908 71,463 9,513 - 8,707 - 23,851 - 34,040 - 31,610 - 13,675 36,660 68,079 78,710 370,214
1,776,188 2,010,252 1,409,428 741,832 547,478 382,061 295,201 335,903 492,224 1,037,096 1,372,446 1,499,689 11,899,797
- 42,109 622,257 219,861 76,617 34,471 - 532 - 24,432 - 19,104 23,005 139,353 212,013 236,380 1,477,780
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 400,000
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 1,033,333 1,400,000
- 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 1,033,333 - 1,400,000
-
- 75,442 588,924 186,528 43,283 1,138 - 33,865 - 57,765 - 52,437 - 10,328 106,020 178,680 - 796,954 77,780
2,510,677 2,435,234 3,024,158 3,210,686 3,253,969 3,255,107 3,221,242 3,163,477 3,111,039 3,100,711 3,206,731 3,385,411 2,510,677
2,435,234 3,024,158 3,210,686 3,253,969 3,255,107 3,221,242 3,163,477 3,111,039 3,100,711 3,206,731 3,385,411 2,588,457 - 2,432,896
LXXIII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,905,940 3,555,560 1,905,940 1,145,900 654,200 453,780 240,220 337,050 791,880 1,555,900 1,758,310 1,909,920 16,214,600
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,936,489 3,586,109 1,936,489 1,176,449 684,749 484,329 270,769 367,599 822,429 1,586,449 1,788,859 1,940,469 16,581,188
-
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
592,559 448,770 198,947 177,354 163,241 157,328 156,778 164,584 167,103 189,120 195,096 202,752 2,813,632
- 13,887 489,456 97,512 39,307 1,908 - 13,230 - 31,477 - 25,381 12,389 70,833 86,133 96,794 810,356
1,946,885 2,413,898 1,664,673 1,039,224 633,987 468,555 297,541 380,587 747,431 1,376,327 1,543,377 1,670,545 14,183,031
- 10,396 1,172,211 271,816 137,225 50,762 15,774 - 26,772 - 12,988 74,998 210,121 245,482 269,924 2,398,157
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 1,025,000 1,300,000
- 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 1,025,000 - 1,300,000
-
- 35,396 1,147,211 246,816 112,225 25,762 - 9,226 - 51,772 - 37,988 49,998 185,121 220,482 - 755,076 1,098,157
2,588,457 2,553,061 3,700,272 3,947,088 4,059,313 4,085,075 4,075,849 4,024,077 3,986,088 4,036,087 4,221,208 4,441,690 2,588,457
2,553,061 3,700,272 3,947,088 4,059,313 4,085,075 4,075,849 4,024,077 3,986,088 4,036,087 4,221,208 4,441,690 3,686,614 - 1,490,300
LXXIV

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2,061,530 3,011,960 1,905,940 1,709,500 1,165,800 708,980 343,020 387,850 1,149,880 1,863,100 1,911,910 2,063,520
18,282,990
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
2,090,804 3,041,234 1,935,214 1,738,774 1,195,074 738,254 372,294 417,124 1,179,154 1,892,374 1,941,184 2,092,794
18,634,278
-
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
593,658 405,907 197,712 192,032 176,392 163,507 157,923 165,020 176,076 196,380 198,146 205,696 2,828,448
1,487 285,937 100,362 85,516 43,870 8,855 - 20,458 - 18,841 42,526 97,292 100,776 111,467 838,789
2,074,996 2,351,083 1,666,287 1,504,166 1,056,755 680,907 383,028 424,485 1,043,952 1,630,535 1,671,315 1,798,407 16,285,917
15,808 690,151 268,927 234,608 138,319 57,347 - 10,734 - 7,361 135,202 261,839 269,869 294,387 2,348,361
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 1,016,667 1,200,000
- 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 1,016,667 - 1,200,000
-
- 859 673,485 252,260 217,941 121,652 40,680 - 27,401 - 24,028 118,535 245,172 253,203 - 722,279 1,148,361
3,686,614 3,685,755 4,359,240 4,611,500 4,829,441 4,951,093 4,991,772 4,964,372 4,940,344 5,058,879 5,304,052 5,557,254 3,686,614
3,685,755 4,359,240 4,611,500 4,829,441 4,951,093 4,991,772 4,964,372 4,940,344 5,058,879 5,304,052 5,557,254 4,834,975 - 2,538,253
LXXV

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2,315,940 4,169,960 2,500,440 2,170,300 1,626,600 811,780 547,420 387,850 1,149,880 2,170,300 2,321,910 2,679,910 22,852,290
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
2,345,214 4,199,234 2,529,714 2,199,574 1,655,874 841,054 576,694 417,124 1,179,154 2,199,574 2,351,184 2,709,184 23,203,578
-
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
602,539 465,119 213,442 205,171 189,893 166,492 164,122 165,020 176,076 205,118 209,594 223,310 2,985,897
23,145 541,856 149,871 123,317 81,569 19,353 - 2,543 - 16,341 45,026 123,332 134,893 161,188 1,384,666
2,287,708 2,923,624 2,154,488 1,885,841 1,438,688 767,713 554,309 426,985 1,046,452 1,885,803 2,010,690 2,308,113 19,690,415
57,506 1,275,610 375,226 313,733 217,186 73,341 22,385 - 9,861 132,702 313,771 340,493 401,071 3,513,163
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 100,000
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 1,008,333 1,100,000
- 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 1,008,333 - 1,100,000
-
49,172 1,267,277 366,892 305,400 208,853 65,008 14,051 - 18,195 124,369 305,438 332,160 - 607,262 2,413,163
4,834,975 4,884,147 6,151,424 6,518,316 6,823,716 7,032,568 7,097,576 7,111,627 7,093,433 7,217,801 7,523,239 7,855,400 4,834,975
4,884,147 6,151,424 6,518,316 6,823,716 7,032,568 7,097,576 7,111,627 7,093,433 7,217,801 7,523,239 7,855,400 7,248,138 - 2,421,812
LXXVI

Sales decrease by 2% 98%


I Love Wedding Company Limited
Statement Of Cash Flow
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
cash received on cash sale 1,378,154 1,524,782 1,122,982 772,142 474,986 336,160 179,781 270,774 471,086 772,142 1,372,304 1,520,882 10,196,175
adjust depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total cash received 1,408,703 1,555,331 1,153,531 802,691 505,535 366,709 210,330 301,323 501,635 802,691 1,402,853 1,551,431 10,562,762
Cash paid -
cash piad for cost of goods sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
cash paid for operating expense 559,980 177,895 167,215 157,505 149,381 145,617 146,028 153,023 148,881 157,825 174,253 181,605 2,319,208
cash paid for income tax - 61,285 65,989 34,337 7,073 - 16,145 - 26,948 - 40,615 - 34,766 - 16,353 6,977 53,896 64,518 36,677
Total cash paid 1,507,611 1,360,259 1,024,115 729,730 480,685 364,232 236,552 315,754 477,191 729,954 1,232,886 1,359,712 9,818,680
Net cash flow from opreating activity - 98,908 195,072 129,416 72,961 24,850 2,476 - 26,222 - 14,431 24,444 72,737 169,967 191,719 744,082
Cash flow from investment activity -
Cash reveived -
cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
Cash paid investment on operating 888,810 - - - - - - - - - - - 888,810
Cash paid investment on administrative 913,528 - - - - - - - - - - - 913,528
Total cash paid 1,802,338 - - - - - - - - - - - 1,802,338
Net cash flow from investment activity - 1,802,338 - - - - - - - - - - - - 1,802,338
-
Cash flow fom financing activity -
cash received -
Borrowing cash 5,000,000 - - - - - - - - - - - 5,000,000
Total cash received 5,000,000 - - - - - - - - - - - 5,000,000
Cash paid -
- - - - - - - - - - - 1,000,000 1,000,000
cash paid for interest 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000
Total cash paid 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 1,041,667 1,500,000
Net cash flow from finacing activity 4,958,333 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 1,041,667 3,500,000
-
Net increase/decrease in cash 3,057,088 153,406 87,749 31,294 - 16,816 - 39,190 - 67,889 - 56,097 - 17,223 31,070 128,300 - 849,948 2,441,744
Beginning cash - 3,057,088 3,210,493 3,298,243 3,329,537 3,312,721 3,273,531 3,205,642 3,149,544 3,132,322 3,163,392 3,291,692 -
Ending cash 3,057,088 3,210,493 3,298,243 3,329,537 3,312,721 3,273,531 3,205,642 3,149,544 3,132,322 3,163,392 3,291,692 2,441,744 2,441,744
LXXVII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

1,669,459 2,549,921 1,566,765 772,142 540,372 343,960 235,416 280,525 474,986 1,122,982 1,522,832 1,671,410 12,750,770
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,700,008 2,580,470 1,597,314 802,691 570,921 374,509 265,965 311,074 505,535 1,153,531 1,553,381 1,701,959 13,117,358
-
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
551,870 373,506 179,472 157,705 151,575 146,017 148,113 153,822 149,481 167,805 178,665 185,987 2,544,018
- 31,234 248,908 71,463 9,513 - 8,707 - 23,851 - 34,040 - 31,610 - 13,675 36,660 68,079 78,710 370,214
1,743,076 1,987,842 1,398,660 732,370 538,383 373,300 286,314 326,674 483,255 1,027,028 1,361,726 1,488,530 11,747,156
- 43,067 592,628 198,655 70,321 32,538 1,209 - 20,349 - 15,600 22,280 126,503 191,655 213,428 1,370,202
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 400,000
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 1,033,333 1,400,000
- 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 1,033,333 - 1,400,000
-
- 76,401 559,295 165,321 36,988 - 796 - 32,124 - 53,683 - 48,933 - 11,053 93,170 158,322 - 819,905 - 29,798
2,441,744 2,365,343 2,924,638 3,089,959 3,126,947 3,126,151 3,094,027 3,040,345 2,991,412 2,980,359 3,073,529 3,231,851 2,441,744
2,365,343 2,924,638 3,089,959 3,126,947 3,126,151 3,094,027 3,040,345 2,991,412 2,980,359 3,073,529 3,231,851 2,411,946 - 2,471,542
LXXVIII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,867,821 3,484,449 1,867,821 1,122,982 641,116 444,704 235,416 330,309 776,042 1,524,782 1,723,144 1,871,722 15,890,308
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,898,370 3,514,998 1,898,370 1,153,531 671,665 475,253 265,965 360,858 806,591 1,555,331 1,753,693 1,902,271 16,256,896
-
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
559,018 423,368 187,686 167,315 154,001 148,423 147,903 155,268 157,645 178,415 184,053 191,275 2,654,370
- 13,887 489,456 97,512 39,307 1,908 - 13,230 - 31,477 - 25,381 12,389 70,833 86,133 96,794 810,356
1,913,344 2,388,496 1,653,412 1,029,185 624,747 459,650 288,667 371,271 737,972 1,365,623 1,532,334 1,659,068 14,023,768
- 14,974 1,126,502 244,959 124,346 46,918 15,604 - 22,702 - 10,413 68,619 189,708 221,359 243,202 2,233,127
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 1,025,000 1,300,000
- 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 1,025,000 - 1,300,000
-
- 39,974 1,101,502 219,959 99,346 21,918 - 9,396 - 47,702 - 35,413 43,619 164,708 196,359 - 781,798 933,127
2,411,946 2,371,972 3,473,473 3,693,432 3,792,778 3,814,696 3,805,300 3,757,597 3,722,184 3,765,803 3,930,512 4,126,871 2,411,946
2,371,972 3,473,473 3,693,432 3,792,778 3,814,696 3,805,300 3,757,597 3,722,184 3,765,803 3,930,512 4,126,871 3,345,073 - 1,478,818
LXXIX

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2,020,299 2,951,721 1,867,821 1,675,310 1,142,484 694,800 336,160 380,093 1,126,882 1,825,838 1,873,672 2,022,250
17,917,330
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274
351,288
2,049,573 2,980,995 1,897,095 1,704,584 1,171,758 724,074 365,434 409,367 1,156,156 1,855,112 1,902,946 2,051,524
18,268,618
-
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
560,055 382,931 186,521 181,162 166,408 154,252 148,984 155,679 166,110 185,264 186,930 194,052 2,668,348
1,487 285,937 100,362 85,516 43,870 8,855 - 20,458 - 18,841 42,526 97,292 100,776 111,467 838,789
2,041,393 2,328,107 1,655,096 1,493,297 1,046,771 671,652 374,089 415,145 1,033,985 1,619,419 1,660,099 1,786,763 16,125,816
8,180 652,888 241,999 211,287 124,987 52,422 - 8,656 - 5,778 122,171 235,693 242,847 264,760 2,142,802
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 1,016,667 1,200,000
- 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 1,016,667 - 1,200,000
-
- 8,486 636,221 225,332 194,621 108,320 35,755 - 25,322 - 22,444 105,504 219,026 226,180 - 751,907 942,802
3,345,073 3,336,587 3,972,808 4,198,140 4,392,761 4,501,081 4,536,837 4,511,515 4,489,070 4,594,575 4,813,601 5,039,781 3,345,073
3,336,587 3,972,808 4,198,140 4,392,761 4,501,081 4,536,837 4,511,515 4,489,070 4,594,575 4,813,601 5,039,781 4,287,875 - 2,402,271
LXXX

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

2,269,621 4,086,561 2,450,431 2,126,894 1,594,068 795,544 536,472 380,093 1,126,882 2,126,894 2,275,472 2,626,31222,395,244
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
2,298,895 4,115,835 2,479,705 2,156,168 1,623,342 824,818 565,746 409,367 1,156,156 2,156,168 2,304,746 2,655,586 22,746,532
-
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
568,433 438,791 201,361 193,558 179,144 157,068 154,832 155,679 166,110 193,508 197,730 210,670 2,816,884
23,145 541,856 149,871 123,317 81,569 19,353 - 2,543 - 16,341 45,026 123,332 134,893 161,188 1,384,666
2,253,602 2,897,297 2,142,407 1,874,227 1,427,939 758,289 545,019 417,645 1,036,485 1,874,192 1,998,827 2,295,472 19,521,402
45,293 1,218,538 337,298 281,941 195,403 66,529 20,726 - 8,278 119,671 281,976 305,919 360,113 3,225,130
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 100,000
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 1,008,333 1,100,000
- 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 1,008,333 - 1,100,000
-
36,959 1,210,205 328,965 273,608 187,069 58,196 12,393 - 16,611 111,338 273,643 297,586 - 648,220 2,125,130
4,287,875 4,324,834 5,535,039 5,864,004 6,137,611 6,324,681 6,382,877 6,395,269 6,378,658 6,489,996 6,763,639 7,061,225 4,287,875
4,324,834 5,535,039 5,864,004 6,137,611 6,324,681 6,382,877 6,395,269 6,378,658 6,489,996 6,763,639 7,061,225 6,413,005 - 2,162,745
LXXXI

Sales decrease by 3% 97%


I Love Wedding Company Limited
Statement Of Cash Flow
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
cash received on cash sale 1,364,092 1,509,223 1,111,523 764,263 470,140 332,729 177,947 268,011 466,279 764,263 1,358,301 1,505,362 10,092,132
adjust depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total cash received 1,394,641 1,539,772 1,142,072 794,812 500,689 363,278 208,495 298,560 496,828 794,812 1,388,850 1,535,911 10,458,720
Cash paid -
cash piad for cost of goods sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
cash paid for operating expense 559,980 177,895 167,215 157,505 149,381 145,617 146,028 153,023 148,881 157,825 174,253 181,605 2,319,208
cash paid for income tax - 61,285 65,989 34,337 7,073 - 16,145 - 26,948 - 40,615 - 34,766 - 16,353 6,977 53,896 64,518 36,677
Total cash paid 1,507,611 1,360,259 1,024,115 729,730 480,685 364,232 236,552 315,754 477,191 729,954 1,232,886 1,359,712 9,818,680
Net cash flow from opreating activity - 112,970 179,513 117,957 65,082 20,004 - 954 - 28,057 - 17,194 19,637 64,858 155,964 176,200 640,039
Cash flow from investment activity -
Cash reveived -
cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
Cash paid investment on operating 888,810 - - - - - - - - - - - 888,810
Cash paid investment on administrative 913,528 - - - - - - - - - - - 913,528
Total cash paid 1,802,338 - - - - - - - - - - - 1,802,338
Net cash flow from investment activity - 1,802,338 - - - - - - - - - - - - 1,802,338
-
Cash flow fom financing activity -
cash received -
Borrowing cash 5,000,000 - - - - - - - - - - - 5,000,000
Total cash received 5,000,000 - - - - - - - - - - - 5,000,000
Cash paid -
- - - - - - - - - - - 1,000,000 1,000,000
cash paid for interest 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000
Total cash paid 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 1,041,667 1,500,000
Net cash flow from finacing activity 4,958,333 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 1,041,667 3,500,000
-
Net increase/decrease in cash 3,043,025 137,847 76,290 23,415 - 21,663 - 42,620 - 69,723 - 58,860 - 22,030 23,191 114,297 - 865,467 2,337,701
Beginning cash - 3,043,025 3,180,872 3,257,162 3,280,577 3,258,914 3,216,294 3,146,570 3,087,710 3,065,680 3,088,872 3,203,168 -
Ending cash 3,043,025 3,180,872 3,257,162 3,280,577 3,258,914 3,216,294 3,146,570 3,087,710 3,065,680 3,088,872 3,203,168 2,337,701 2,337,701
LXXXII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,652,424 2,523,901 1,550,778 764,263 534,858 340,451 233,013 277,663 470,140 1,111,523 1,507,293 1,654,354 12,620,660
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,682,973 2,554,450 1,581,327 794,812 565,407 371,000 263,562 308,211 500,689 1,142,072 1,537,842 1,684,903 12,987,248
-
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
551,870 373,506 179,472 157,705 151,575 146,017 148,113 153,822 149,481 167,805 178,665 185,987 2,544,018
- 31,234 248,908 71,463 9,513 - 8,707 - 23,851 - 34,040 - 31,610 - 13,675 36,660 68,079 78,710 370,214
1,743,076 1,987,842 1,398,660 732,370 538,383 373,300 286,314 326,674 483,255 1,027,028 1,361,726 1,488,530 11,747,156
- 60,103 566,609 182,667 62,442 27,024 - 2,300 - 22,751 - 18,462 17,434 115,044 176,116 196,373 1,240,092
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 400,000
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 1,033,333 1,400,000
- 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 1,033,333 - 1,400,000
-
- 93,436 533,275 149,334 29,109 - 6,310 - 35,634 - 56,085 - 51,795 - 15,900 81,711 142,783 - 836,960 - 159,908
2,337,701 2,244,265 2,777,541 2,926,875 2,955,983 2,949,673 2,914,040 2,857,955 2,806,159 2,790,260 2,871,971 3,014,753 2,337,701
2,244,265 2,777,541 2,926,875 2,955,983 2,949,673 2,914,040 2,857,955 2,806,159 2,790,260 2,871,971 3,014,753 2,177,793 - 2,497,610
LXXXIII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,848,762 3,448,893 1,848,762 1,111,523 634,574 440,167 233,013 326,939 768,124 1,509,223 1,705,561 1,852,622 15,728,162
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,879,311 3,479,442 1,879,311 1,142,072 665,123 470,716 263,562 357,487 798,673 1,539,772 1,736,110 1,883,171 16,094,750
-
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
559,018 423,368 187,686 167,315 154,001 148,423 147,903 155,268 157,645 178,415 184,053 191,275 2,654,370
- 13,887 489,456 97,512 39,307 1,908 - 13,230 - 31,477 - 25,381 12,389 70,833 86,133 96,794 810,356
1,913,344 2,388,496 1,653,412 1,029,185 624,747 459,650 288,667 371,271 737,972 1,365,623 1,532,334 1,659,068 14,023,768
- 34,033 1,090,946 225,899 112,887 40,376 11,066 - 25,104 - 13,784 60,701 174,149 203,776 224,103 2,070,981
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 300,000
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 1,025,000 1,300,000
- 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 25,000 - 1,025,000 - 1,300,000
-
- 59,033 1,065,946 200,899 87,887 15,376 - 13,934 - 50,104 - 38,784 35,701 149,149 178,776 - 800,897 770,981
2,177,793 2,118,760 3,184,706 3,385,605 3,473,492 3,488,868 3,474,934 3,424,829 3,386,046 3,421,746 3,570,896 3,749,671 2,177,793
2,118,760 3,184,706 3,385,605 3,473,492 3,488,868 3,474,934 3,424,829 3,386,046 3,421,746 3,570,896 3,749,671 2,948,774 - 1,406,812
LXXXIV

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2013

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,999,684 2,921,601 1,848,762 1,658,215 1,130,826 687,711 332,729 376,215 1,115,384 1,807,207 1,854,553 2,001,614
17,734,500
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
2,028,958 2,950,875 1,878,036 1,687,489 1,160,100 716,985 362,003 405,488 1,144,658 1,836,481 1,883,827 2,030,888
18,085,788
-
1,479,851 1,659,239 1,368,214 1,226,619 836,493 508,546 245,563 278,306 825,349 1,336,863 1,372,393 1,481,244 12,618,680
560,055 382,931 186,521 181,162 166,408 154,252 148,984 155,679 166,110 185,264 186,930 194,052 2,668,348
1,487 285,937 100,362 85,516 43,870 8,855 - 20,458 - 18,841 42,526 97,292 100,776 111,467 838,789
2,041,393 2,328,107 1,655,096 1,493,297 1,046,771 671,652 374,089 415,145 1,033,985 1,619,419 1,660,099 1,786,763 16,125,816
- 12,435 622,768 222,940 194,192 113,329 45,332 - 12,086 - 9,656 110,672 217,062 223,728 244,125 1,959,972
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000
16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 1,016,667 1,200,000
- 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 16,667 - 1,016,667 - 1,200,000
-
- 29,102 606,102 206,273 177,526 96,662 28,666 - 28,752 - 26,323 94,006 200,395 207,061 - 772,542 759,972
2,948,774 2,919,673 3,525,774 3,732,047 3,909,573 4,006,235 4,034,901 4,006,149 3,979,826 4,073,832 4,274,227 4,481,288 2,948,774
2,919,673 3,525,774 3,732,047 3,909,573 4,006,235 4,034,901 4,006,149 3,979,826 4,073,832 4,274,227 4,481,288 3,708,746 - 2,188,803
LXXXV

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2014

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2,246,462 4,044,861 2,425,427 2,105,191 1,577,802 787,427 530,997 376,215 1,115,384 2,105,191 2,252,253 2,599,51322,166,721
29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 29,274 351,288
2,275,736 4,074,135 2,454,701 2,134,465 1,607,076 816,701 560,271 405,488 1,144,658 2,134,465 2,281,527 2,628,787 22,518,009
-
1,662,025 1,916,650 1,791,175 1,557,352 1,167,227 581,868 392,730 278,306 825,349 1,557,352 1,666,204 1,923,615 15,319,852
568,433 438,791 201,361 193,558 179,144 157,068 154,832 155,679 166,110 193,508 197,730 210,670 2,816,884
23,145 541,856 149,871 123,317 81,569 19,353 - 2,543 - 16,341 45,026 123,332 134,893 161,188 1,384,666
2,253,602 2,897,297 2,142,407 1,874,227 1,427,939 758,289 545,019 417,645 1,036,485 1,874,192 1,998,827 2,295,472 19,521,402
22,133 1,176,839 312,294 260,238 179,137 58,412 15,252 - 12,156 108,172 260,273 282,700 333,314 2,996,607
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 100,000
8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 1,008,333 1,100,000
- 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 8,333 - 1,008,333 - 1,100,000
-
13,800 1,168,505 303,961 251,905 170,803 50,078 6,919 - 20,489 99,839 251,940 274,367 - 675,019 1,896,607
3,708,746 3,722,546 4,891,051 5,195,012 5,446,917 5,617,720 5,667,798 5,674,717 5,654,227 5,754,066 6,006,006 6,280,372 3,708,746
3,722,546 4,891,051 5,195,012 5,446,917 5,617,720 5,667,798 5,674,717 5,654,227 5,754,066 6,006,006 6,280,372 5,605,353 - 1,812,139
LXXXVI

Sales decrease by 4% 96%


I Love Wedding Company Limited
Statement Of Cash Flow
For the year ended December, 31 2010

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
cash received on cash sale 1,350,029 1,493,664 1,100,064 756,384 465,293 329,299 176,112 265,248 461,472 756,384 1,344,298 1,489,843 9,988,090
adjust depreciation 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
Total cash received 1,380,578 1,524,213 1,130,613 786,933 495,842 359,848 206,661 295,797 492,021 786,933 1,374,847 1,520,392 10,354,677
Cash paid -
cash piad for cost of goods sold 1,008,916 1,116,374 822,563 565,152 347,449 245,563 131,139 197,497 344,663 565,152 1,004,737 1,113,588 7,462,795
cash paid for operating expense 559,980 177,895 167,215 157,505 149,381 145,617 146,028 153,023 148,881 157,825 174,253 181,605 2,319,208
cash paid for income tax - 61,285 65,989 34,337 7,073 - 16,145 - 26,948 - 40,615 - 34,766 - 16,353 6,977 53,896 64,518 36,677
Total cash paid 1,507,611 1,360,259 1,024,115 729,730 480,685 364,232 236,552 315,754 477,191 729,954 1,232,886 1,359,712 9,818,680
Net cash flow from opreating activity - 127,033 163,954 106,498 57,203 15,157 - 4,384 - 29,891 - 19,957 14,830 56,979 141,960 160,680 535,997
Cash flow from investment activity -
Cash reveived -
cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid -
Cash paid investment on operating 888,810 - - - - - - - - - - - 888,810
Cash paid investment on administrative 913,528 - - - - - - - - - - - 913,528
Total cash paid 1,802,338 - - - - - - - - - - - 1,802,338
Net cash flow from investment activity - 1,802,338 - - - - - - - - - - - - 1,802,338
-
Cash flow fom financing activity -
cash received -
Borrowing cash 5,000,000 - - - - - - - - - - - 5,000,000
Total cash received 5,000,000 - - - - - - - - - - - 5,000,000
Cash paid -
- - - - - - - - - - - 1,000,000 1,000,000
cash paid for interest 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000
Total cash paid 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 1,041,667 1,500,000
Net cash flow from finacing activity 4,958,333 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 41,667 - 1,041,667 3,500,000
-
Net increase/decrease in cash 3,028,962 122,288 64,831 15,536 - 26,510 - 46,051 - 71,558 - 61,623 - 26,837 15,312 100,294 - 880,986 2,233,659
Beginning cash - 3,028,962 3,151,250 3,216,081 3,231,618 3,205,108 3,159,057 3,087,499 3,025,876 2,999,039 3,014,351 3,114,645 -
Ending cash 3,028,962 3,151,250 3,216,081 3,231,618 3,205,108 3,159,057 3,087,499 3,025,876 2,999,039 3,014,351 3,114,645 2,233,659 2,233,659
LXXXVII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2011

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

1,635,389 2,497,882 1,534,790 756,384 529,344 336,941 230,611 274,800 465,293 1,100,064 1,491,754 1,637,299 12,490,550
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,665,938 2,528,431 1,565,339 786,933 559,893 367,490 261,160 305,349 495,842 1,130,613 1,522,303 1,667,848 12,857,138
-
1,222,440 1,365,428 1,147,725 565,152 395,516 251,135 172,241 204,462 347,449 822,563 1,114,981 1,223,833 8,832,924
551,870 373,506 179,472 157,705 151,575 146,017 148,113 153,822 149,481 167,805 178,665 185,987 2,544,018
- 31,234 248,908 71,463 9,513 - 8,707 - 23,851 - 34,040 - 31,610 - 13,675 36,660 68,079 78,710 370,214
1,743,076 1,987,842 1,398,660 732,370 538,383 373,300 286,314 326,674 483,255 1,027,028 1,361,726 1,488,530 11,747,156
- 77,138 540,589 166,680 54,563 21,510 - 5,810 - 25,154 - 21,325 12,587 103,585 160,577 179,318 1,109,982
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
-
-
- - - - - - - - - - - - -
- - - - - - - - - - - - -
-
- - - - - - - - - - - 1,000,000 1,000,000
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 400,000
33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 33,333 1,033,333 1,400,000
- 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 33,333 - 1,033,333 - 1,400,000
-
- 110,471 507,256 133,347 21,230 - 11,824 - 39,144 - 58,487 - 54,658 - 20,746 70,252 127,244 - 854,015 - 290,018
2,233,659 2,123,188 2,630,443 2,763,790 2,785,019 2,773,196 2,734,052 2,675,565 2,620,907 2,600,161 2,670,412 2,797,656 2,233,659
2,123,188 2,630,443 2,763,790 2,785,019 2,773,196 2,734,052 2,675,565 2,620,907 2,600,161 2,670,412 2,797,656 1,943,641 - 2,523,677
LXXXVIII

I Love Wedding Company Limited


Statement Of Cash Flow
For the year ended December, 31 2012

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

1,829,702 3,413,338 1,829,702 1,100,064 628,032 435,629 230,611 323,568 760,205 1,493,664 1,687,978 1,833,523 15,566,016
30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 30,549 366,588
1,860,251 3,443,887 1,860,251 1,130,613 658,581 466,178 261,160 354,117 790,754 1,524,213 1,718,527 1,864,072 15,932,604
-
1,368,214 1,475,672 1,368,214 822,563 468,838 324,457 172,241 241,384 567,938 1,116,374 1,262,148 1,371,000 10,559,042
559,018 423,368 187,686 167,315 154,001 148,423 147,903 155,268 157,645 178,415 184,053 191,275 2,654,370
- 13,887 489,456 97,512 39,307 1,908 - 13,230 - 31,477 - 25,381 12,389 70,833 86,133 96,794 810,356
1,913,344 2,388,496 1,653,412 1,029,185 624,747 459,650 288,667 371,271 737,972 1,365,623 1,532,334 1,659,068 14,023,768
- 53,093 1,055,390 206,840 101,428 33,834 6,528 - 27,507 - 17,154 52,782 158,590 186,193 205,004 1,908,835
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