Sie sind auf Seite 1von 15

PROPEL SOCIALS

STATEMENT OF COMPREHENSIVE INCOME


FOR THE PERIOD ENDED DECEMBER 31
(in Philippine Peso)
Year 1 Year 2 Year 3
REVENUE
Gold package 800,310.00 840,325.50 882,341.78
Platinum package 314,640.00 330,372.00 346,890.60
Diamond package 150,960.00 158,508.00 166,433.40
Other revenue 5,000.00 5,100.00 5,202.00
TOTAL REVENUES 1,270,910.00 1,334,305.50 1,400,867.78
Less: OPERATING EXPENSES
Research and development expenses 10,000.00 10,000.00 10,000.00
Salaries expenses 807,324.00 807,324.00 807,324.00
Employee benefits 72,051.60 72,051.60 72,051.60
Depreciation and amortization 50,852.53 50,852.53 50,852.53
Permits and licenses 15,294.00 - -
Rent 108,000.00 108,000.00 132,000.00
Insurance 8,000.00 8,000.00 8,000.00
Utilities 102,000.00 104,040.00 106,120.80
Office supplies expense 10,000.00 10,200.00 10,404.00
Miscellaneous expense 5,000.00 5,100.00 5,202.00
TOTAL OPERATING EXPENSES 1,188,522.13 1,175,568.13 1,201,954.93
EARNINGS BEFORE INTEREST AND TAXES 82,387.87 158,737.37 198,912.85
Interest 40,500.00 37,834.29 34,928.66
EARNINGS BEFORE TAXES 41,887.87 120,903.08 163,984.19
Taxes 38,127.30 40,029.17 42,026.03
NET INCOME 3,760.57 80,873.92 121,958.15

Notes
Projected demand (clients) 100 105 110
Average 3 months subcription per client
Price: Gold package (mid-point ave is used) ₱ 3,500.00
Price: Platinum package (mid-point ave is used) ₱ 6,000.00
Price: Diamond package (mid-point ave is used) ₱ 8,000.00
Other revenue - radio/ print ads ₱ 5,000.00

employee benefits covers sss, philhealth and pag-ibig contributions


taxes - graduated tax table for individual taxpayer is used (sole proprietorship)
Taxable income per year Income tax rate
1 ₱250,000 and below 0.00
2 Above ₱250,000 to ₱400,000 15% of the excess over ₱250,000
3 Above ₱400,000 to ₱800,000 ₱22,500 + 20% of the excess over ₱40
4 Above ₱800,000 to ₱2,000,000 ₱102,500 + 25% of the excess over ₱8
5 Above ₱2,000,000 to ₱8,000,000 ₱402,500 + 30% of the excess over ₱2
6 Above ₱8,000,000 ₱2,202,500 + 35% of the excess over
PROPEL SOCIALS
STATEMENT OF COMPREHENSIVE INCOME
FOR THE PERIOD ENDED DECEMBER 31
(in Philippine Peso)
Year 4 Year 5 Year 6 Year 7 Year 8

926,458.86 972,781.81 1,021,420.90 1,072,491.94 1,126,116.54


364,235.13 382,446.89 401,569.23 421,647.69 442,730.08
174,755.07 183,492.82 192,667.46 202,300.84 212,415.88
5,306.04 5,412.16 5,520.40 5,630.81 5,743.43
1,470,755.10 1,544,133.68 1,621,178.00 1,702,071.28 1,787,005.92

10,000.00 10,000.00 10,000.00 10,000.00 10,000.00


807,324.00 807,324.00 807,324.00 807,324.00 807,324.00
72,051.60 72,051.60 72,051.60 72,051.60 72,051.60
50,852.53 50,852.53 50,852.53 50,852.53 50,852.53
- - - - -
132,000.00 156,000.00 156,000.00 180,000.00 180,000.00
8,000.00 8,000.00 8,000.00 8,000.00 8,000.00
108,243.22 110,408.08 112,616.24 114,868.57 117,165.94
10,612.08 10,824.32 11,040.81 11,261.62 11,486.86
5,306.04 5,412.16 5,520.40 5,630.81 5,743.43
1,204,389.47 1,230,872.69 1,233,405.58 1,259,989.13 1,262,624.35
266,365.64 313,260.99 387,772.41 442,082.15 524,381.57
31,761.52 28,309.35 24,546.48 20,444.94 15,974.28
234,604.12 284,951.64 363,225.93 421,637.21 508,407.29
44,122.65 46,324.01 65,619.23 76,807.72 97,791.64
190,481.46 238,627.62 297,606.70 344,829.49 410,615.66

116 122 127.63 134.01 140.71

e excess over ₱250,000


+ 20% of the excess over ₱400,000
+ 25% of the excess over ₱800,000
+ 30% of the excess over ₱2,000,000
00 + 35% of the excess over ₱5,000,000
L SOCIALS
MPREHENSIVE INCOME
NDED DECEMBER 31
ppine Peso)
Year 9 Year 10

1,182,422.37 1,241,543.48
464,866.58 488,109.91
223,036.67 234,188.51
5,858.30 5,975.46
1,876,183.92 1,969,817.36

10,000.00 10,000.00
807,324.00 807,324.00
72,051.60 72,051.60
50,852.53 50,852.53
- -
204,000.00 204,000.00
8,000.00 8,000.00
119,509.26 121,899.44
11,716.59 11,950.93
5,858.30 5,975.46
1,289,312.28 1,292,053.96
586,871.64 677,763.40
11,101.25 5,789.65
575,770.39 671,973.75
113,939.60 135,989.27
461,830.79 535,984.48

147.75 155.13
PROPEL SOCIALS
STATEMENT OF COMPREHENSIVE INCOME
FOR THE PERIOD ENDED DECEMBER 31
(in Philippine Peso)
Year 1 Year 2 Year 3 Year 4
REVENUE
Gold package 800,310.00 840,325.50 882,341.78 926,458.86
Platinum package 314,640.00 330,372.00 346,890.60 364,235.13
Diamond package 150,960.00 158,508.00 166,433.40 174,755.07
Other revenue 5,000.00 5,100.00 5,202.00 5,306.04
TOTAL REVENUES 1,270,910.00 1,334,305.50 1,400,867.78 1,470,755.10
Less: OPERATING EXPENSES
Research and development expenses 10,000.00 10,000.00 10,000.00 10,000.00
Salaries expenses 807,324.00 807,324.00 807,324.00 807,324.00
Employee benefits 72,051.60 72,051.60 72,051.60 72,051.60
Depreciation and amortization 50,852.53 50,852.53 50,852.53 50,852.53
Permits and licenses 15,294.00 - - -
Rent 120,000.00 120,000.00 144,000.00 144,000.00
Insurance 8,000.00 8,000.00 8,000.00 8,000.00
Utilities 102,000.00 104,040.00 106,120.80 108,243.22
Office supplies expense 10,000.00 10,200.00 10,404.00 10,612.08
Miscellaneous expense 5,000.00 5,100.00 5,202.00 5,306.04
TOTAL OPERATING EXPENSES 1,200,522.13 1,187,568.13 1,213,954.93 1,216,389.47
EARNINGS BEFORE INTEREST AND TAXES 70,387.87 146,737.37 186,912.85 254,365.64
Interest 40,500.00 37,834.29 34,928.66 31,761.52
EARNINGS BEFORE TAXES 29,887.87 108,903.08 151,984.19 222,604.12
Taxes 101,672.80 106,744.44 112,069.42 117,660.41
NET INCOME -71,784.93 2,158.64 39,914.76 104,943.71

Notes
Projected demand (clients) 100 105 110 116
Average 3 months subcription per client
Price: Gold package (mid-point ave is used) ₱ 3,500.00
Price: Platinum package (mid-point ave is used) ₱ 6,000.00
Price: Diamond package (mid-point ave is used) ₱ 8,000.00
Other revenue - radio/ print ads ₱ 5,000.00

employee benefits covers sss, philhealth and pag-ibig contributions


taxes - graduated tax table for individual taxpayer is used (sole proprietorship)
Taxable income per year Income tax rate
1 ₱250,000 and below 0.00
2 Above ₱250,000 to ₱400,000 15% of the excess over ₱250,000
3 Above ₱400,000 to ₱800,000 ₱22,500 + 20% of the excess over ₱400,000
4 Above ₱800,000 to ₱2,000,000 ₱102,500 + 25% of the excess over ₱800,000
5 Above ₱2,000,000 to ₱8,000,000 ₱402,500 + 30% of the excess over ₱2,000,000
6 Above ₱8,000,000 ₱2,202,500 + 35% of the excess over ₱5,000,000

additional 4 employees 565,176.00 salaries


43,792.80 employee benefits
PROPEL SOCIALS
STATEMENT OF COMPREHENSIVE INCOME
FOR THE PERIOD ENDED DECEMBER 31
(in Philippine Peso)
Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

972,781.81 1,021,420.90 1,072,491.94 1,126,116.54 1,182,422.37 1,241,543.48


382,446.89 401,569.23 421,647.69 442,730.08 464,866.58 488,109.91
183,492.82 192,667.46 202,300.84 212,415.88 223,036.67 234,188.51
5,412.16 5,520.40 5,630.81 5,743.43 5,858.30 5,975.46
1,544,133.68 1,621,178.00 1,702,071.28 1,787,005.92 1,876,183.92 1,969,817.36

10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00


807,324.00 807,324.00 807,324.00 807,324.00 807,324.00 807,324.00
72,051.60 72,051.60 72,051.60 72,051.60 72,051.60 72,051.60
50,852.53 50,852.53 50,852.53 50,852.53 50,852.53 50,852.53
- - - - - -
192,000.00 192,000.00 216,000.00 216,000.00 240,000.00 240,000.00
8,000.00 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00
110,408.08 112,616.24 114,868.57 117,165.94 119,509.26 121,899.44
10,824.32 11,040.81 11,261.62 11,486.86 11,716.59 11,950.93
5,412.16 5,520.40 5,630.81 5,743.43 5,858.30 5,975.46
1,266,872.69 1,269,405.58 1,295,989.13 1,298,624.35 1,325,312.28 1,328,053.96
277,260.99 351,772.41 406,082.15 488,381.57 550,871.64 641,763.40
28,309.35 24,546.48 20,444.94 15,974.28 11,101.25 5,789.65
248,951.64 327,225.93 385,637.21 472,407.29 539,770.39 635,973.75
123,530.69 129,694.24 136,165.70 142,960.47 150,094.71 157,585.39
125,420.94 197,531.69 249,471.51 329,446.82 389,675.68 478,388.37

122 127.63 134.01 140.71 147.75 155.13

excess over ₱400,000


e excess over ₱800,000
e excess over ₱2,000,000
the excess over ₱5,000,000
PROPEL SOCIALS
STATEMENT OF FINANCIAL POSITION
AS OF THE PERIOD ENDED DECEMBER 31
(in Philippine Peso)
Year 1 Year 2
Assets
Current Assets
Cash 164,012.06 263,453.76
Total Current Assets 164,012.06 263,453.76
Non-Current Assets
Domains and website 100,000.00 100,000.00
less: Accumulated Amortization 6,666.67 13,333.33
Equipment 152,288.00 152,288.00
less: Accum. Depreciation-Equipment 38,903.40 77,806.80
Furniture and Fixtures 58,694.00 58,694.00
less: Accum. Depreciation-Furniture and Fixtures 5,282.46 10,564.92
Tottal Non-Current Assets 260,129.47 209,276.95
Total Assets 424,141.53 472,730.70
Liabilities and Owner's Equity
Non-Current Liabilities
Loan Payable 420,380.96 388,096.21
Total Non-Current Liabilities 420,380.96 388,096.21
Equity
Accumulated Surplus (Deficit) 3,760.57
Net Income 3,760.57 80,873.92
Total Owner's Equity 3,760.57 84,634.49
Total Liabilities and Owner's Equity 424,141.53 472,730.70
PROPEL SOCIALS
POSITION STATEMENT OF FINANCIAL POSI
CEMBER 31 AS OF THE PERIOD ENDED DECEM
) (in Philippine Peso)
Year 3 Year 4 Year 5 Year 6 Year 7

401,074.06 496,061.33 743,731.80 1,046,618.46 1,284,637.18


401,074.06 496,061.33 743,731.80 1,046,618.46 1,284,637.18

100,000.00 100,000.00 100,000.00 100,000.00 100,000.00


20,000.00 26,666.67 33,333.33 40,000.00 46,666.67
152,288.00 152,288.00 152,288.00 152,288.00 152,288.00
116,710.20 47,624.40 86,527.80 125,431.20 56,345.40
58,694.00 58,694.00 58,694.00 58,694.00 58,694.00
15,847.38 21,129.84 26,412.30 31,694.76 36,977.22
158,424.42 215,561.09 164,708.57 113,856.04 170,992.71
559,498.48 711,622.42 908,440.36 1,160,474.50 1,455,629.89

352,905.82 314,548.31 272,738.61 227,166.05 177,491.95


352,905.82 314,548.31 272,738.61 227,166.05 177,491.95

84,634.49 206,592.64 397,074.10 635,701.73 933,308.43


121,958.15 190,481.46 238,627.62 297,606.70 344,829.49
206,592.64 397,074.10 635,701.73 933,308.43 1,278,137.92
559,498.46 711,622.41 908,440.34 1,160,474.48 1,455,629.87
PROPEL SOCIALS
STATEMENT OF FINANCIAL POSITION
AS OF THE PERIOD ENDED DECEMBER 31
(in Philippine Peso)
Year 8 Year 9 Year 10

1,691,960.61 2,145,626.14 2,560,144.56


1,691,960.61 2,145,626.14 2,560,144.56

100,000.00 100,000.00 100,000.00


53,333.33 60,000.00 66,666.67
152,288.00 152,288.00 152,288.00
95,248.80 134,152.20 65,066.40
58,694.00 58,694.00 58,694.00
42,259.68 47,542.14 52,824.60
120,140.19 69,287.66 126,424.33
1,812,100.79 2,214,913.80 2,686,568.90

123,347.19 64,329.39 0.00


123,347.19 64,329.39 0.00

1,278,137.92 1,688,753.58 2,150,584.37


410,615.66 461,830.79 535,984.48
1,688,753.58 2,150,584.37 2,686,568.85
1,812,100.77 2,214,913.76 2,686,568.85
PROPEL SOCIALS
STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDED DECEMBER 31
(in Philippine Peso)
Cash flows from operating activties Year 1 Year 2
Cash receipts from clients 1,270,910.00
cash paid for research and development 10,000.00
cash paid for salaries 807,424.00
cash paid for employee benefits 22,880.28
cash paid for permits and licenses 15,294.00
cash paid for rent 120,000.00
cash paid for insurance 8,000.00
cash paid for utilities 102,000.00
cash paid for supplies 10,000.00
cash paid for miscellaneuos 5,000.00
Net cash from operating activities 1,270,910.00

Cash flows from investing activities


cash paid for purchase of equipment
cash paid for purchase of equipment
IALS
SH FLOWS
D DECEMBER 31
Peso)
Year 3 Year 4 Year 5
Equipment Quantity Unit cost Total cost Useful life Dep. Expense Salvage value
Personal Computer 6 14,998 89,988.00 3 26,996.40 8,998.80
Printer 2 15,000 30,000.00 3 9,000.00 3,000.00 11998.8
Generator 1 30,000 30,000.00 10 2,700.00 3,000.00
Air-conditioner 2 1,150 2,300.00 10 207.00 230.00
152,288.00 38,903.40 15228.8

Furniture & Fixtures Quantity Unit cost Total cost Useful life Dep. Expense Salvage value
Shelves 5.00 5,000.00 25,000.00 10 2,250.00 2,500.00
Office table 5.00 1,999.00 9,995.00 10 899.55 999.50
Chairs 6.00 1,500.00 9,000.00 10 810.00 900.00
Locker 1.00 8,400.00 8,400.00 10 756.00 840.00
Filling cabinet 1.00 6,299.00 6,299.00 10 566.91 629.90
58,694.00 5,282.46 5869.4

Intangible asset Quantity Unit cost Total cost Useful life Amort. Expense
Domains and Website 1 100,000 100,000 15 6,666.67
Employee Benefits
Monthly Salaries SSS Philhealth HDMIF Total
Social media Manager 20,179.00 1,178.70 250.00 100.00 1,528.70
Social media Analyst 12,674.00 920.80 150.00 100.00 1,170.80
Community Manager 8,606.00 626.20 100.00 100.00 826.20
Content Creator 8,606.00 626.20 100.00 100.00 826.20
Graphic Artist 8,606.00 626.20 100.00 100.00 826.20
Web Developer 8,606.00 626.20 100.00 100.00 826.20
67,277.00 4,604.30 800.00 600.00 6,004.30 monthly
807,324.00 72,051.60 annual

times two 47,098.00 3,649.40


565,176.00 43,792.80

additional 4 employees 565176 salaries


43792.8 employee benefits

additional 2 employees
creator and community 17212 1652.4
206,544.00 19,828.80
SSS Philhealth HDMIF Total
1,178.70 250.00 100.00 1,528.70
920.80 150.00 100.00 1,170.80
626.20 100.00 100.00 826.20
626.20 100.00 100.00 826.20
626.20 100.00 100.00 826.20
626.20 100.00 100.00 826.20
6,004.30 monthly
72,051.60 annual contribution

monthly
annual