CREPES DELIGHT

Comparative Projected Statement of Cash Flows

YEAR 1-YEAR 05
Pre-Operating YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Cash flows from operating activities:

Net income P - (28,714.20) 104,192.51 203,059.01 301,388.23 398,987.02
Add:Depreciation P - 7,417.61 7,417.61 9,337.89 9,698.70 9,698.70
Raw Materials, Beg. 18,128.60 18,128.60 18,853.74 19,607.89 20,392.21
Store Supplies, Beg. 731.19 731.19 760.44 790.86 822.49
SSS, PHIC, and PAG-IBIG, End. 1,866.80 1,933.20 1,933.20 2,000.00 2,050.00
VAT Payable, End 6,626.49 7,847.05 9,048.18 10,229.11 11,389.02
Less: Raw Materials, End P 18,128.60 18,128.60 18,853.74 19,607.89 20,392.21 21,207.90
Store Supplies, End 731.19 731.19 760.44 790.86 822.49 855.39
Security Deposit 84,000.00
SSS, PHIC, and PAG-IBIG, Beg. - 1,866.80 1,933.20 1,933.20 2,000.00
VAT Payable, Beg. 6,626.49 7,847.05 9,048.18 10,229.11
Net cash flow from operating activities P (102,859.79) (12,803.30) 112,142.69 212,813.47 311,518.70 409,047.05

Cash flows from investing activities:

Acquisition of Tools P 1,733.00 128.52 543.40
Acquisition of FFE P 60,850.25 3,712.05 539.01
Net cash flow from investing activies P (62,583.25) - - (3,840.57) (1,082.41) -

Cash flows from financing activities:

Owner's capital contribution P 200,000.00
Owner's Drawings 80,000.00 100,000.00 120,000.00 150,000.00
Net cash flow from financing activities P 200,000.00 - (80,000.00) (100,000.00) (120,000.00) (150,000.00)

Net increase in cash P 34,556.96 (12,803.30) 32,142.69 108,972.90 190,436.29 259,047.05

Cash bal, beg. P - 34,556.96 21,753.66 53,896.35 162,869.25 353,305.54
Cash bal, end P 34,556.96 21,753.66 53,896.35 162,869.25 353,305.54 612,352.59