YEAR 1 YEAR 2 YEAR 3

SELLING SELLING SELLING

MONTHS PRICE KG SOLD TOTAL PRICE KG SOLD TOTAL PRICE
SEPT - - - -
OCT - - - -
NOV - - - -
DEC - - - -
JAN - - - -
FEB 10.95 14,946.28 163,661.72 10.61 14,946.28 158,579.98 8.66
MARCH 11.57 9,160.62 105,988.38 11.16 9,160.62 102,232.52 8.27
APRIL 10.26 - - 10.98 - - 8.28
MAY 10.69 20,664.76 220,906.24 10.69 20,664.76 220,906.24 8.12
JUNE 9.89 12,665.50 125,261.75 10.96 12,665.50 138,813.83 8.53
JULY 9.25 20,664.76 191,148.99 11.12 20,664.76 229,792.08 7.53
AUG 9.23 12,665.50 116,902.52 9.33 12,665.50 118,169.07 7.86
TOTAL 90,767.40 923,869.59 90,767.40 968,493.72

1 MONTH
AT AFTER
PRODUCTION HARVEST HARVEST
%RATE OF SALE 0.62 0.38
24,106.90 14,946.28 9,160.62 *from production time table
33,330.25 20,664.76 12,665.50
33,330.25 20,664.76 12,665.50
90,767.40 56,275.79 34,491.61
 YEAR 3 YEAR 4 YEAR 5

SELLING SELLING
KG SOLD TOTAL PRICE KG SOLD TOTAL PRICE KG SOLD TOTAL
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
14,946.28 129,434.75 8.65 14,946.28 129,285.28 10.69 14,946.28 159,775.69
9,160.62 75,758.33 8.38 9,160.62 76,766.00 10.40 9,160.62 95,270.45
- - 8.23 - - 10.26 - -
20,664.76 167,797.81 8.79 20,664.76 181,643.20 10.20 20,664.76 210,780.51
12,665.50 108,036.67 9.06 12,665.50 114,749.39 11.00 12,665.50 139,320.45
20,664.76 155,605.61 9.14 20,664.76 188,875.87 10.68 20,664.76 220,699.59
12,665.50 99,550.79 9.52 12,665.50 120,575.52 10.54 12,665.50 133,494.32
90,767.40 736,183.97 90,767.40 811,895.25 90,767.40 959,341.00
 MARKET SELLING PRICE

REGULAR 9.5
PEAK 9
LEAN 10
COST OF GOODS SOLD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
Seeds 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
Direct Labor 114,450.00 114,450.00 114,450.00 114,450.00 114,450.00
Variable Overhead 146,030.00 146,030.00 146,030.00 146,030.00 146,030.00
Fixed Overhead 17,541.80 17,541.80 17,541.80 17,541.80 17,541.80
Total Cost Of Goods Sold 284,021.80 284,021.80 284,021.80 284,021.80 284,021.80

SEEDS (kg) CROP 1 CROP 2 CROP 3 YEAR 1 YEAR 2

BEGINNING 0 0 0 0 0
Add: PURCHASES 20 0 0 20 20
Less: ENDING 0 0 0 0 0
SEEDS PLANTED 20 0 0 20 20
Price per kg 300 0 0 300 300
Total Cost of Seeds (Php) 6,000.00 - - 6,000.00 6,000.00

DIRECT LABOR Fertilizing Insecticide Watering Drying Harvesting

# of Farmers 8 4 5 8 50
Labor rate (Php) 350 350 350 350 350
Working Days per Crop 3 3 3 1 1
Total Direct Labor per Crop 8,400 4,200 5,250 2,800 17,500
x 3 Crops 3 3 3 3 3
Total Direct Labor 25,200.00 12,600.00 15,750.00 8,400.00 52,500.00
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
Total Direct Labor per Year 114,450.00 114,450.00 114,450.00 114,450.00 114,450.00

VARIABLE OVERHEAD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Fertilizers 115,320 115,320 115,320 115,320 115,320
Sacks 26,310 26,310 26,310 26,310 26,310
Indirect Labor 4,400 4,400 4,400 4,400 4,400
Total Variable Overhead 146,030.00 146,030.00 146,030.00 146,030.00 146,030.00

FIXED OVERHEAD Php Useful Life Depreciation YEAR 1 YEAR 2

Water Pump 12,000 5 2,400 17,541.80 17,541.80
Agricultural Hose Pipe 11,709 5 2,342
Mechanical Seeder (Service Rent) 2,000 2,000
Tractor (Service Rent) 10,800 10,800
Total 36,509.00 17,541.80

VARIABLE OVERHEAD

CROP 1 CROP 2 CROP 3

FERTILIZERS # OF UNITS COST PER UNIT TOTAL COST
Complete 14-14-14 (sacks) 8 1,080 8,640 8,640 8,640
UREA (sacks) 12 1,090 13,080 13,080 13,080
AMO 5-IN-1 8 995 7,960 7,960 7,960
MURIATE OF POTASH (sacks) 8 1,095 8,760 8,760 8,760
TOTAL 38,440.00 38,440.00 38,440.00

SACKS YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

# of sacks 2,631 2,631 2,631 2,631 2,631
Cost per sack 10 10 10 10 10
Total Cost of Sacks 26,310.00 26,310.00 26,310.00 26,310.00 26,310.00

INDIRECT LABOR YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Land Preparation 2,200 2,200 2,200 2,200 2,200
Furrowing (Php1,100 x 2 labor) 2,200 2,200 2,200 2,200 2,200
Total Indirect Labor per Year 4,400.00 4,400.00 4,400.00 4,400.00 4,400.00
YEAR 3 YEAR 4 YEAR 5
0 0 0
20 20 20
0 0 0
20 20 20
300 300 300
6,000.00 6,000.00 6,000.00

YEAR 3 YEAR 4 YEAR 5

17,541.80 17,541.80 17,541.80

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

25,920 25,920 25,920 25,920 25,920

39,240 39,240 39,240 39,240 39,240
 23,880 23,880 23,880 23,880 23,880
26,280 26,280 26,280 26,280 26,280
115,320.00 115,320.00 115,320.00 115,320.00 115,320.00
 PRODUCT COSTING
COST OF GOODS SOLD YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
Seeds 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
Direct Labor 114,450.00 114,450.00 114,450.00 114,450.00 114,450.00
Variable Overhead 146,030.00 146,030.00 146,030.00 146,030.00 146,030.00
Fixed Overhead 17,541.80 17,541.80 17,541.80 17,541.80 17,541.80
Total Cost Of Goods Sold 284,021.80 284,021.80 284,021.80 284,021.80 284,021.80
÷ Production Quantity 90,767.40 90,767.40 90,767.40 90,767.40 90,767.40
COST PER UNIT 3.13 3.13 3.13 3.13 3.13
PPE YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 Useful Life
LAND IMPROVEMENT 74,000 - - - - 5
STORAGE AREA 65,815 - - - - 10
LAPTOP 18,499 - - - - 5
OFFICE CABINET 9,420 - - - - 5
PRINTER 5,500 - - - - 5
CHAIRS 1,680 - 1,680 - 1,680 2
STAND FAN 2,234 - - 2,234 - 3
TABLE 1,829 - 1,829 - 3
L300 TRUCK 185,000 - - - - 5
TOTAL 363,977 - 1,680 4,063 1,680

Storage Area Land Improvement

Cements 4,125 Barbed Wire 34,000
Door 7,900 Iron Pole 40,000
Door Hinges 1,200 TOTAL 74,000
Door Knob 360
Hollow Blocks 16,000
Construction Sand 18,000
Carpenter 300
Plumber 300
Mason 300
App. Of Water System 2,000
App of Electric Connection 5,500
Toilet Bowls 8,000
Door (for CR) 1,050
Door Hinges (for CR) 600
Door Knob (for CR) 180
Total 65,815
 DEPRECIATION ACCUMULATED DEPRECIATION
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 1 YEAR 2 YEAR 3
14,800.00 14,800.00 14,800.00 14,800.00 14,800.00 14,800.00 29,600.00 44,400.00
6,581.50 6,581.50 6,581.50 6,581.50 6,581.50 6,581.50 13,163.00 19,744.50
3,699.80 3,699.80 3,699.80 3,699.80 3,699.80 3,699.80 7,399.60 11,099.40
1,884.00 1,884.00 1,884.00 1,884.00 1,884.00 1,884.00 3,768.00 5,652.00
1,100.00 1,100.00 1,100.00 1,100.00 1,100.00 1,100.00 2,200.00 3,300.00
840.00 840.00 840.00 840.00 840.00 840.00 1,680.00 840.00
744.67 744.67 744.67 744.67 744.67 744.67 1,489.33 2,234.00
609.67 609.67 609.67 609.67 609.67 609.67 1,219.33 1,829.00
37,000.00 37,000.00 37,000.00 37,000.00 37,000.00 37,000.00 74,000.00 111,000.00
67,259.63 67,259.63 67,259.63 67,259.63 67,259.63
LATED DEPRECIATION BOOK VALUE
YEAR 4 YEAR 5 YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
59,200.00 74,000.00 59,200.00 44,400.00 29,600.00 14,800.00 -
26,326.00 32,907.50 59,233.50 52,652.00 46,070.50 39,489.00 32,907.50
14,799.20 18,499.00 14,799.20 11,099.40 7,399.60 3,699.80 -
7,536.00 9,420.00 7,536.00 5,652.00 3,768.00 1,884.00 -
4,400.00 5,500.00 4,400.00 3,300.00 2,200.00 1,100.00 -
1,680.00 840.00 840.00 - 840.00 - 840.00
744.67 1,489.33 1,489.33 744.67 - 1,489.33 744.67
609.67 1,219.33 1,219.33 609.67 - 1,219.33 609.67
148,000.00 185,000.00 148,000.00 111,000.00 74,000.00 37,000.00 -
296,717.37 229,457.73 163,878.10 100,681.47 35,101.83
OPERATING EXPENSES YEAR 1 YEAR 2 YEAR 3
PRE-OPERATING EXPENSES
Business permits 3,240 0 0
Total Pre-operating Expenses 3,240 - -
SELLING EXPENSES
Rent expense-Land 105,945 105,945 105,945
Marketing expense 104,569.60 84,989.60 84,989.60
Utilities expense 2,840.02 2,840.02 2,840.02
Distribution Expense 12,000 12,000 12,000
Driver's salary expense 5,580 5,580 5,580
Repair and maintenance expense 2,300 2,300 2,300
Depreciation expense-L300 Truck 37,000 37,000 37,000
Total Selling Expenses 270,235 250,655 250,655
ADMINISTRATIVE EXPENSES
Bookkeeper's salary expense 30,000 30,000 30,000
Office supplies expense 6,666 6,666 6,666
Depreciation expense-Land Improvement 14,800 14,800 14,800
Depreciation expense-Storage Area 6,582 6,582 6,582
Depreciation expense-Laptop 3,700 3,700 3,700
Depreciation expense-Office Cabinet 1,884 1,884 1,884
Depreciation expense-Printer 1,100 1,100 1,100
Depreciation expense-Chairs 840 840 840
Depreciation expense-Stand Fan 745 745 745
Depreciation expense-Table 610 610 610
Total Administrative Expenses 66,926 66,926 66,926
MISCELLANEOUS EXPENSE 15,176 15,176 15,176
Total Operating Expenses 355,576 332,756 332,756

Miscellaneous Expense
Fire Extinguisher 4,120.00
Emergency Light 2,080.00
Pail 136.00
Dipper 20.00
Handwash Soap 200.00
Pressure Sprayer 1,040.00
Weighing Scale 7,580.00
TOTAL 15,176.00

Repairs & Maintenance Expense YEAR 1 YEAR 2 YEAR 3

L300 Truck 1,800 1,800 1,800
Water Pump 500 500 500
TOTAL 2,300 2,300 2,300
TOTAL UTILITIES EXPENSE YEAR 1 YEAR 2 YEAR 3
Electric Bill 544.42 544.42 544.42
Water Bill 2,295.60 2,295.60 2,295.60
TOTAL 2,840.02 2,840.02 2,840.02

Utilities Expense

ELLECTRIC BILL Unit Wattage Quantity

Florescent lamp kiloWat 0.0015 2
Stand Fan kiloWat 0.0075 1
Laptop kiloWat 0.0033 1
Printer kiloWat 0.0040 1
TOTAL

WATER BILL YEAR 1 YEAR 2 YEAR 3

cubic meter 10 10 10
x Cost per cubic meter 19.13 19.13 19.13
x # of months 12 12 12
TOTAL 2,295.60 2,295.60 2,295.60

BOOKKEEPER SALARY EXPENSE Monthly Rate

Monthly Rate 2,500
x 12 months 12
TOTAL 30,000

DRIVER'S SALARY EXPENSE

# of Driver 2
Monthly Rate 310
Working Days per year 9
TOTAL 5,580.00

DISTRIBUTION EXPENSE
Price of Gasoline 2,000
x # of distribution 6
TOTAL 12,000.00
YEAR 4 YEAR 5

0 0
- -

105,945 105,945
84,989.60 84,989.60
2,840.02 2,840.02
12,000 12,000
5,580 5,580
2,300 2,300
37,000 37,000
250,655 250,655

30,000 30,000
6,666 6,666
14,800 14,800
6,582 6,582
3,700 3,700
1,884 1,884
1,100 1,100
840 840
745 745
610 610
66,926 66,926
15,176 15,176
332,756 332,756

YEAR 4 YEAR 5
1,800 1,800
500 500
2,300 2,300
YEAR 4 YEAR 5
544.42 544.42
2,295.60 2,295.60
2,840.02 2,840.02

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

No. of
Cost per No. of Working Total Total Total Total Total
kWh Hours Used Days
10.91 12 360 141.39 141.39 141.39 141.39 141.39
10.91 8 312 204.24 204.24 204.24 204.24 204.24
10.91 8 312 89.86 89.86 89.86 89.86 89.86
10.91 8 312 108.93 108.93 108.93 108.93 108.93
544.42 544.42 544.42 544.42 544.42

YEAR 4 YEAR 5
10 10
19.13 19.13 *regular residential customer consumption = 10 cubic meter
12 12 * Php19.13 cost per cubic meter (MWSS)
2,295.60 2,295.60
 EVERGRAIN SORGHUM
Statement of Financial Performance
YEAR 1 YEAR 2 YEAR 3 YEAR 4
Sales 923,869.59 968,493.72 736,183.97 811,895.25
Cost of goods sold
Seeds 6,000.00 6,000.00 6,000.00 6,000.00
Direct Labor 114,450.00 114,450.00 114,450.00 114,450.00
Variable Overhead 146,030.00 146,030.00 146,030.00 146,030.00
Fixed Overhead 17,541.80 17,541.80 17,541.80 17,541.80
Total CGS 284,021.80 284,021.80 284,021.80 284,021.80
GROSS PROFIT 923,869.59 968,493.72 736,183.97 811,895.25
Operating Expenses
Pre-operating Expense
Business Permits 3,240.00 - - -
Total Pre-operating Expense 3,240.00 - - -
Selling Expenses
Rent expense-Land 105,945.00 105,945.00 105,945.00 105,945.00
Marketing expense 104,569.60 84,989.60 84,989.60 84,989.60
Utilities expense 2,840.02 2,840.02 2,840.02 2,840.02
Distribution Expense 12,000.00 12,000.00 12,000.00 12,000.00
Driver's salary expense 5,580.00 5,580.00 5,580.00 5,580.00
Repair and maintenance expense 2,300.00 2,300.00 2,300.00 2,300.00
Depreciation expense-L300 Truck 37,000.00 37,000.00 37,000.00 37,000.00
Total Selling Expenses 270,234.62 250,654.62 250,654.62 250,654.62
Administrative Expenses
Bookkeeper's salary expense 30,000.00 30,000.00 30,000.00 30,000.00
Office supplies expense 6,666.00 6,666.00 6,666.00 6,666.00
Depreciation expense-Land Improvement 14,800.00 14,800.00 14,800.00 14,800.00
Depreciation expense-Storage Area 6,581.50 6,581.50 6,581.50 6,581.50
Depreciation expense-Laptop 3,699.80 3,699.80 3,699.80 3,699.80
Depreciation expense-Office Cabinet 1,884.00 1,884.00 1,884.00 1,884.00
Depreciation expense-Printer 1,100.00 1,100.00 1,100.00 1,100.00
Depreciation expense-Chairs 840.00 840.00 840.00 840.00
Depreciation expense-Stand Fan 744.67 744.67 744.67 744.67
Depreciation expense-Table 609.67 609.67 609.67 609.67
Total Administrative Expenses 66,925.63 66,925.63 66,925.63 66,925.63
Miscellaneous Expense 15,176.00 15,176.00 15,176.00 15,176.00
TOTAL OPERATING EXPENSES 355,576.25 332,756.25 332,756.25 332,756.25
NET INCOME 568,293.34 635,737.47 403,427.72 479,139.00
 YEAR 5
959,341.00

6,000.00
114,450.00
146,030.00
17,541.80
284,021.80
959,341.00

-
-

105,945.00
84,989.60
2,840.02
12,000.00
5,580.00
2,300.00
37,000.00
250,654.62

30,000.00
6,666.00
14,800.00
6,581.50
3,699.80
1,884.00
1,100.00
840.00
744.67
609.67
66,925.63
15,176.00
332,756.25
626,584.75
 EVERGRAIN SORGHUM
Statement of Partner's Equity
YEAR 1 YEAR 2 YEAR 3
Partners' Capital, Beginning 587,996.80 1,076,290.14 1,632,027.61
Add: Investments - - -
Net Income 568,293.34 635,737.47 403,427.72
Less: Withdrawals 80,000.00 80,000.00 80,000.00
Partners' Capital, Ending 1,076,290.14 1,632,027.61 1,955,455.33

PARTNERS' CAPITAL, EACH YEAR 1

Abril, Capital Anselmo, Capital Callanta, Capital
Partners' Capital, Beginning 73,499.60 73,499.60 73,499.60
Add: Investments - - -
Share in Net Income/Loss 78,786.67 68,786.67 68,786.67

Less: Withdrawals 10,000.00 10,000.00 10,000.00

Partners' Capital, Ending 142,286.27 132,286.27 132,286.27

PARTNERS' CAPITAL, EACH YEAR 2

Abril, Capital Anselmo, Capital Callanta, Capital
Partners' Capital, Beginning 142,286.27 132,286.27 132,286.27
Add: Investments - - -
Share in Net Income/Loss 87,217.18 77,217.18 77,217.18

Less: Withdrawals 10,000.00 10,000.00 10,000.00

Partners' Capital, Ending 219,503.45 199,503.45 199,503.45

PARTNERS' CAPITAL, EACH YEAR 3

Abril, Capital Anselmo, Capital Callanta, Capital
Partners' Capital, Beginning 219,503.45 199,503.45 199,503.45
Add: Investments - - -
Share in Net Income/Loss 58,178.46 48,178.46 48,178.46

Less: Withdrawals 10,000.00 10,000.00 10,000.00

Partners' Capital, Ending 267,681.92 237,681.92 237,681.92

PARTNERS' CAPITAL, EACH YEAR 4

Abril, Capital Anselmo, Capital Callanta, Capital
Partners' Capital, Beginning 267,681.92 237,681.92 237,681.92
Add: Investments - - -
Share in Net Income/Loss 67,642.38 57,642.38 57,642.38
Less: Withdrawals 10,000.00 10,000.00 10,000.00
Partners' Capital, Ending 325,324.29 285,324.29 285,324.29

PARTNERS' CAPITAL, EACH YEAR 5

Abril, Capital Anselmo, Capital Callanta, Capital
Partners' Capital, Beginning 325,324.29 285,324.29 285,324.29
Add: Investments - - -
Share in Net Income/Loss 86,073.09 76,073.09 76,073.09

Less: Withdrawals 10,000.00 10,000.00 10,000.00

Partners' Capital, Ending 401,397.39 351,397.39 351,397.39

SHARE IN NET INCOME/LOSS

Total Abril, Capital Anselmo, Capital
Net Income 568,293.34
Less: Salary Allowance
General Manager 10,000.00 10,000.00
Operating Manager 8,000.00
Net Income after Salary Allowance 550,293.34
Divided By: Equal sharing 68,786.67 68,786.67
Share in Net Income/Loss 78,786.67 68,786.67

SHARE IN NET INCOME/LOSS

Total Abril, Capital Anselmo, Capital
Net Income 635,737.47
Less: Salary Allowance
General Manager 10,000.00 10,000.00
Operating Manager 8,000.00
Net Income after Salary Allowance 617,737.47
Divided By: Equal sharing 77,217.18 77,217.18
Share in Net Income/Loss 87,217.18 77,217.18

SHARE IN NET INCOME/LOSS

Total Abril, Capital Anselmo, Capital
Net Income 403,427.72
Less: Salary Allowance
General Manager 10,000.00 10,000.00
Operating Manager 8,000.00
Net Income after Salary Allowance 385,427.72
Divided By: Equal sharing 48,178.46 48,178.46
Share in Net Income/Loss 58,178.46 48,178.46
SHARE IN NET INCOME/LOSS
Total Abril, Capital Anselmo, Capital
Net Income 479,139.00
Less: Salary Allowance
General Manager 10,000.00 10,000.00
Operating Manager 8,000.00
Net Income after Salary Allowance 461,139.00
Divided By: Equal sharing 57,642.38 57,642.38
Share in Net Income/Loss 67,642.38 57,642.38

SHARE IN NET INCOME/LOSS

Total Abril, Capital Anselmo, Capital
Net Income 626,584.75
Less: Salary Allowance
General Manager 10,000.00 10,000.00
Operating Manager 8,000.00
Net Income after Salary Allowance 608,584.75
Divided By: Equal sharing 76,073.09 76,073.09
Share in Net Income/Loss 86,073.09 76,073.09
 YEAR 4 YEAR 5
1,955,455.33 2,354,594.33
- -
479,139.00 626,584.75
80,000.00 80,000.00
2,354,594.33 2,901,179.08

YEAR 1
Distor, Capital Gabica, Capital Parlan, Capital Soriano, Capital Toralba, Capital
73,499.60 73,499.60 73,499.60 73,499.60 73,499.60
- - - - -
68,786.67 68,786.67 76,786.67 68,786.67 68,786.67

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

132,286.27 132,286.27 140,286.27 132,286.27 132,286.27

YEAR 2
Distor, Capital Gabica, Capital Parlan, Capital Soriano, Capital Toralba, Capital
132,286.27 132,286.27 140,286.27 132,286.27 132,286.27
- - - - -
77,217.18 77,217.18 85,217.18 77,217.18 77,217.18

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

199,503.45 199,503.45 215,503.45 199,503.45 199,503.45

YEAR 3
Distor, Capital Gabica, Capital Parlan, Capital Soriano, Capital Toralba, Capital
199,503.45 199,503.45 215,503.45 199,503.45 199,503.45
- - - - -
48,178.46 48,178.46 56,178.46 48,178.46 48,178.46

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

237,681.92 237,681.92 261,681.92 237,681.92 237,681.92

YEAR 4
Distor, Capital Gabica, Capital Parlan, Capital Soriano, Capital Toralba, Capital
237,681.92 237,681.92 261,681.92 237,681.92 237,681.92
- - - - -
57,642.38 57,642.38 65,642.38 57,642.38 57,642.38
 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
285,324.29 285,324.29 317,324.29 285,324.29 285,324.29

YEAR 5
Distor, Capital Gabica, Capital Parlan, Capital Soriano, Capital Toralba, Capital
285,324.29 285,324.29 317,324.29 285,324.29 285,324.29
- - - - -
76,073.09 76,073.09 84,073.09 76,073.09 76,073.09

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

351,397.39 351,397.39 391,397.39 351,397.39 351,397.39

YEAR 1
Callanta, Capital Distor, Capital Gabica, Capital Parlan, Capital Soriano, Capital

8,000.00

68,786.67 68,786.67 68,786.67 68,786.67 68,786.67

68,786.67 68,786.67 68,786.67 76,786.67 68,786.67

YEAR 2
Callanta, Capital Distor, Capital Gabica, Capital Parlan, Capital Soriano, Capital

8,000.00

77,217.18 77,217.18 77,217.18 77,217.18 77,217.18

77,217.18 77,217.18 77,217.18 85,217.18 77,217.18

YEAR 3
Callanta, Capital Distor, Capital Gabica, Capital Parlan, Capital Soriano, Capital

8,000.00

48,178.46 48,178.46 48,178.46 48,178.46 48,178.46

48,178.46 48,178.46 48,178.46 56,178.46 48,178.46
 YEAR 4
Callanta, Capital Distor, Capital Gabica, Capital Parlan, Capital Soriano, Capital

8,000.00

57,642.38 57,642.38 57,642.38 57,642.38 57,642.38

57,642.38 57,642.38 57,642.38 65,642.38 57,642.38

YEAR 5
Callanta, Capital Distor, Capital Gabica, Capital Parlan, Capital Soriano, Capital

8,000.00

76,073.09 76,073.09 76,073.09 76,073.09 76,073.09

76,073.09 76,073.09 76,073.09 84,073.09 76,073.09
Toralba, Capital

68,786.67
68,786.67

Toralba, Capital

77,217.18
77,217.18

Toralba, Capital

48,178.46
48,178.46
Toralba, Capital

57,642.38
57,642.38

Toralba, Capital

76,073.09
76,073.09
 EVERGRAIN SORGHUM
Statement of Financial Position
YEAR 1 YEAR 2
ASSETS
Cash 760,605.57 1,388,344.48
Water Pump 12,000.00 12,000.00
Accumulated Depreciation-WP 2,400.00 9,600.00 4,800.00 7,200.00
Agricultural Hose Pipe 11,709.00 11,709.00
Accumulated Depreciation-AHP 2,341.80 9,367.20 4,683.60 7,025.40
Land Improvement 74,000.00 74,000.00
Accumulated Depreciation-LI 14,800.00 59,200.00 29,600.00 44,400.00
Storage Area 65,815.00 65,815.00
Accumulated Depreciation-SA 6,581.50 59,233.50 13,163.00 52,652.00
Laptop 18,499.00 18,499.00
Accumulated Depreciation-Laptop 3,699.80 14,799.20 7,399.60 11,099.40
Office Cabinet 9,420.00 9,420.00
Accumulated Depreciation-OC 1,884.00 7,536.00 3,768.00 5,652.00
Printer 5,500.00 5,500.00
Accumulated Depreciation-Printer 1,100.00 4,400.00 2,200.00 3,300.00
Chairs 1,680.00 1,680.00
Accumulated Depreciation-Chairs 840.00 840.00 1,680.00 -
Stand Fan 2,234.00 2,234.00
Accumulated Depreciation-Stand Fan 744.67 1,489.33 1,489.33 744.67
Table 1,829.00 1,829.00
Accumulated Depreciation-Table 609.67 1,219.33 1,219.33 609.67
L300 Truck 185,000.00 185,000.00
Accumulated Depreciation-L300 Truck 37,000.00 148,000.00 74,000.00 111,000.00
TOTAL ASSETS 1,076,290.14 1,632,027.61

PARTNERS' EQUITY
Abril, Capital 142,286.27 219,503.45
Anselmo, Capital 132,286.27 199,503.45
Callanta, Capital 132,286.27 199,503.45
Distor, Capital 132,286.27 199,503.45
Gabica, Capital 132,286.27 199,503.45
Parlan, Capital 140,286.27 215,503.45
Soriano, Capital 132,286.27 199,503.45
Toralba, Capital 132,286.27 199,503.45
TOTAL PARTNERS' EQUITY 1,076,290.14 1,632,027.61

0.00 -
AIN SORGHUM
f Financial Position
YEAR 3 YEAR 4 YEAR 5

1,782,093.63 2,249,171.07 2,866,077.25

12,000.00 12,000.00 12,000.00
7,200.00 4,800.00 9,600.00 2,400.00 12,000.00 -
11,709.00 11,709.00 11,709.00
7,025.40 4,683.60 9,367.20 2,341.80 11,709.00 -
74,000.00 74,000.00 74,000.00
44,400.00 29,600.00 59,200.00 14,800.00 74,000.00 -
65,815.00 65,815.00 65,815.00
19,744.50 46,070.50 26,326.00 39,489.00 32,907.50 32,907.50
18,499.00 18,499.00 18,499.00
11,099.40 7,399.60 14,799.20 3,699.80 18,499.00 -
9,420.00 9,420.00 9,420.00
5,652.00 3,768.00 7,536.00 1,884.00 9,420.00 -
5,500.00 5,500.00 5,500.00
3,300.00 2,200.00 4,400.00 1,100.00 5,500.00 -
1,680.00 1,680.00 1,680.00
840.00 840.00 1,680.00 - 840.00 840.00
2,234.00 2,234.00 2,234.00
2,234.00 - 744.67 1,489.33 1,489.33 744.67
1,829.00 1,829.00 1,829.00
1,829.00 - 609.67 1,219.33 1,219.33 609.67
185,000.00 185,000.00 185,000.00
111,000.00 74,000.00 148,000.00 37,000.00 185,000.00 -
1,955,455.33 2,354,594.33 2,901,179.08

267,681.92 325,324.29 401,397.39

237,681.92 285,324.29 351,397.39
237,681.92 285,324.29 351,397.39
237,681.92 285,324.29 351,397.39
237,681.92 285,324.29 351,397.39
261,681.92 317,324.29 391,397.39
237,681.92 285,324.29 351,397.39
237,681.92 285,324.29 351,397.39
1,955,455.33 2,354,594.33 2,901,179.08

0.00 0.00 0.00

 EVERGRAIN SORGHUM
Statement of Cash Flows
YEAR 1 YEAR 2 YEAR 3
Operating Activities
Net Income 568,293.34 635,737.47 403,427.72
Depreciation expense - Land Improvement 14,800.00 14,800.00 14,800.00
Depreciation expense - Storage Area 6,581.50 6,581.50 6,581.50
Depreciation expense - Laptop 3,699.80 3,699.80 3,699.80
Depreciation expense - Office Cabinet 1,884.00 1,884.00 1,884.00
Depreciation expense - Printer 1,100.00 1,100.00 1,100.00
Depreciation expense - Chairs 840.00 840.00 840.00
Depreciation expense - Stand Fan 744.67 744.67 744.67
Depreciation expense - Table 609.67 609.67 609.67
Depreciation expense - L300 Truck 37,000.00 37,000.00 37,000.00
Depreciation expense - Water Pump 2,400.00 2,400.00 2,400.00
Depreciation expense - Agricultural Hose Pipe 2,341.80 2,341.80 2,341.80
Net cash provided(used) by operating activities 640,294.77 707,738.91 475,429.15
Investing Activities
Purchase of water pump 12,000.00 - -
Purchase of agricultural hose pipe 11,709.00 - -
Purchase of land improvement 74,000.00 - -
Purchasing of storage area 65,815.00 - -
Purchase of laptop 18,499.00 - -
Purchase of office cabinet 9,420.00 - -
Purchase of printer 5,500.00 - -
Purchase of chairs 1,680.00 - 1,680.00
Purchase of stand fan 2,234.00 - -
Purchase of table 1,829.00 - -
Purchase of L300 truck 185,000.00 - -
Net cash provided(used) by investing activities 387,686.00 - 1,680.00
Financing Activities
Investments by Owners 587,996.80 - -
Withdrawals by Owners 80,000.00 80,000.00 80,000.00
Net cash provided(used) by financing activities 507,996.80 - 80,000.00 - 80,000.00
Net Increase in Cash 760,605.57 627,738.91 393,749.15
Add: Beginning balance of cash - 760,605.57 1,388,344.48
Ending balance of cash 760,605.57 1,388,344.48 1,782,093.63
 YEAR 4 YEAR 5

479,139.00 626,584.75
14,800.00 14,800.00
6,581.50 6,581.50
3,699.80 3,699.80
1,884.00 1,884.00
1,100.00 1,100.00
840.00 840.00
744.67 744.67
609.67 609.67
37,000.00 37,000.00
2,400.00 2,400.00
2,341.80 2,341.80
551,140.43 698,586.18

- -
- -
- -
- -
- -
- -
- -
- 1,680.00
2,234.00 -
1,829.00 -
- -
4,063.00 1,680.00

- -
80,000.00 80,000.00
- 80,000.00 - 80,000.00
467,077.43 616,906.18
1,782,093.63 2,249,171.07
2,249,171.07 2,866,077.25
Return on Equity Year 1 Year 2 Year 3 Year 4
Net Income 568,293.34 635,737.47 403,427.72 479,139.00
Average equity 1,076,290.14 1,632,027.61 1,955,455.33 2,354,594.33
Return on Equity 53% 39% 21% 20%

Return on Total Year 1 Year 2 Year 3 Year 4 Year 5

Asset
Net Income (Loss)
568,293.34 635,737.47 403,427.72 479,139.00 626,584.75
Average Total
Asset 1,076,290.14 1,632,027.61 1,955,455.33 2,354,594.33 2,901,179.08
Return on Total
Asset 53% 39% 21% 20% 22%

Net Profit Margin Year 1 Year 2 Year 3 Year 4 Year 5

Net Income (Loss)

568,293.34 635,737.47 403,427.72 479,139.00 626,584.75
Sale 923,869.59 968,493.72 736,183.97 811,895.25 959,341.00
Net Profit Margin
62% 66% 55% 59% 65%

Total Asset Year 1 Year 2 Year 3 Year 4 Year 5

Turnover
Sales 923,869.59 968,493.72 736,183.97 811,895.25 959,341.00
Average Total
Asset 1,076,290.14 1,632,027.61 1,955,455.33 2,354,594.33 2,901,179.08
Total Asset
Turnover 86% 59% 38% 34% 33%

Year 1 Year 2 Year 3 Year 4

Sales 923,869.59 968,493.72 736,183.97 811,895.25
Variable Cost 278060 278060 278060 278060
Contribution margin 645,809.59 690,433.72 458,123.97 533,835.25
Fixed cost 337123.42 337123.42 337123.42 337123.42
Breakeven in kgs 47415.3895921 44300.0551905 66757.1128713 57333.914966
Breakeven in peso sales 481604.885714 472893.92886 541741.699167 512721.674093
Year 5
626,584.75
2,901,179.08
22%

0.6222955

0.7128944

Year 5
959,341.00 0.6222955
278060
681,281.00 0.6575174
337123.42 0.7101552
44889.9360852
474717.9484