097658  M I B P C2009  Business  Plan  Financials  Template
Upcoming SlideShare
Loading in...5
×
 

Like this? Share it with your network

Share

097658 M I B P C2009 Business Plan Financials Template

on

  • 331 views

 

Statistics

Views

Total Views
331
Views on SlideShare
331
Embed Views
0

Actions

Likes
0
Downloads
2
Comments
0

0 Embeds 0

No embeds

Accessibility

Upload Details

Uploaded via

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

097658 M I B P C2009 Business Plan Financials Template Document Transcript

  • 1. Financial Templates 1 Table F1 Financial Projections 2 Table F2 Breakdown of Revenue - The table is to show the source of revenue generation for the company. The revenue stream/s should be the same as the company's proposed activities described in the business plan. 3 Table F3 R&D expenses - Please note that the underlying assumption used on the treatment of these expenses is such that the Hardware and Software acquisition for the purpose of Research and Development works will be capitalised in the Balance Sheet and subsequently amortised every year. The other R&D expenses as stipulated in Table F3 will be written-off completely in the Profit and Loss during the year they incurred. 4 Table F4 Past Financial Performance - For the company that has been in operation for more than 1 year, please provide the audited Sales and the Profit before Tax figures. Glossary of financial terms 1. Sales are defined as proceeds which is derived from the provision of goods and/or services falling within the company's qualified activities. Sales are further classified as Local ( all forms of revenue in Malaysia) and/or Export (all forms of revenue from overseas ) 2. Net profit (loss) before tax is defined as profit or loss on qualified MSC activities before taxation. 3. Net Operating cash flow is defined as the net amounts of cash flowing in and out of business during the prescribed period to support the qualified activities. { Formula : Net operating cash flow = Total cash inflow - Total cash outflow } 4. Liquid Assets is defined as cash or bank balance and is a component of Current Assets. 5. Stocks is defined as the goods and materials a company purchases to re-sell at a profit for the company's qualified activities. It is a component of Current Assets. 6. Trade Debtors is defined as receivables that arise as a result of the process of selling inventory or services on terms that allow delivery prior to the collection of cash. It is a component of Current Assets. 7. Current Assets are those which matures in less than one year and are intended for use on a continuing basis for the company's qualified activities. They are the sums of the following categories; Liquid Assets, Trade Debtors, Stocks, Prepayments and Other Current Assets. 8. Fixed Assets represent the use of cash to purchase physical assets whose life exceeds one year for the qualified activities. They include assets such as ; Land, Building, Machinery & Equipment, Funiture & Fixtures, Leasehold Improvements and other related assets. 9. Current Liabilities is defined as short term financial resources acquired for the use and support of operations, expansions or development of the qualified activities. 10. Long-term Liabilities is defined as long term financial resources acquired for the use and support of operations, expansions or development of the qualified activities. 11. Paid-up-capital is defined as cash injection by shareholders into the company to support the qualified activities. 12. Research & Development refers to contribution towards the development of the activities. * R&D staff salaries relates to foreign and local employees or contract staff actually performing the R&D activity on either a full time or part time basis. * Technology Acquisition - Hardware relates to costs of capital expenditure which are directly associated with the project. * Technology Acquisition - Software relates to direct costs of items or materials which are directly attributable to research and development. * Prototypes includes directs costs of constructing, assembling, or re-working prototype units. * Consumables / Incidental Costs. These costs includes:- (a) Utilities, publications, office stationery, equipment maintenance directly attributable to the project's research and development activities. (b) Local travel essential to the project e.g. costs for travel to related research projects, for consultation with other experts in the field being studied. (c ) Training, Seminar & Workshop (Local/Overseas) costs incurred that are directly related to the R&D activity. 13. Networth comprises of shareholder's investments into the company which refers to the sum of Share Capital, Share Premium Account, Capital Reserves, Reserves and Retained Earnings.
  • 2. 0 0 F1 : FINANCIAL PROJECTIONS Year 2005 2006 2007 Sales (Local) 10 40 90 Sales (Exports) 90 160 210 Total Sales 100 200 300 Net profit (loss) before tax 3,265 5,789 25,815 Net operating cash flow 45 152 236 Assets 9,879 14,830 34,719 Liabilities 6,688 5,855 23 Paid-up-Capital 50 50 50 R&D Investment ( at cost) 70 140 210 Networth ( cumulative ) 9,999 14,952 34,932 F2 : Breakdown of Sales Item * 2005 2006 2007 Content Edition/Enhancement 0 0 0 Interractive Services 0 0 0 E-Commerce 100 200 300 Software Integration 0 0 0 Website Development Income 0 0 0 Hosting Fees 0 0 0 i-directory listing 0 0 0 Sale of Portals 0 0 0 Fulfillment charges 0 0 0 Licensing 0 0 0 Subscription 0 0 0 Transaction Fee 0 0 0 Advertisement 0 0 0 Data Centre Management 0 0 0 Call Centre Management 0 0 0 System Intergration and Testing 0 0 0 Others :- 0 0 0 Others :- 0 0 0 Total 100 200 300 F3 : Breakdown of Research & Development Item * 2005 2006 2007 R&D staff salaries ** --R&D Electronic Engineers 0 0 0 --R&D Embedded Software Engineers 0 0 0 --R&D Software Engineer 0 0 0 --R&D Quality & Security Engineer 0 0 0 --Chief Designer 0 0 0 --Web Designer 10 20 30 --Web Engineer 0 0 0 --Linguists 0 0 0 --Language Translators 0 0 0 --Content Developers 0 0 0 --Others:-(please specify) 0 0 0 Sub-total 10 20 30 14% 14% 14% Technology acquisitions - Hardware --Computer Servers 0 0 0 --Personal Computers 0 0 0 --ISDN Lines Connection 10 20 30 --Workstations Hardware & Accessories 0 0 0 --Furniture & Fittings 0 0 0 --Others:-(please specify) 0 0 0 Sub-total 10 20 30 14% 14% 14% Technology acquisitions - Software --Software Licencing for Windows NT 0 0 0 --Software for Hardware Development 10 20 30 --Design Tools 0 0 0 --Others:-(please specify) 0 0 0 Sub-total 10 20 30 14% 14% 14% Prototypes --Content & Design Fee 0 0 0 --Mould Making 0 0 0 --Prototyping Costs 10 20 30 --Others:-(please specify) 0 0 0 Sub-total 10 20 30 14% 14% 14% Consumables / Incidental Costs 10 20 30 14% 14% 14% Patenting & Copyrights 10 20 30 14% 14% 14% Others:-(please specify) 10 20 30 14% 14% 14% Grand Total 70 140 210 Assessment Report / 097658mibpc2009businessplanfinancialstemplate-1249349843-phpapp02.xls Printed on 08/04/2009 at 01:37:46 2 of 11
  • 3. F4 : PAST PERFORMANCE Past Perfomance 2001 2002 2003 Sales 0 0 0 Profit/Loss before tax 0 0 0 3 Year Ruling - Threshold is set at #DIV/0! RM Total Sales 600 Total R&D 420 Percentage of R&D over Sales 1 Tax Loss 124,530 OpEx 120 CapEx 207 Total Export 460 RATIO ANALYSIS 2004 2005 2006 Profitibility: Gross profit 100% 100% 100% Net profit 3265% 2894% 8605% Return on capital employed 34% 40% 74% Asset turnover (times) 0.0 0.0 0.0 Liquidity: Current ratio ( xx : 1) 9,462 7,257 11,501 Quick ratio/Acid test ratio ( xx : 1) 9,462 7,257 11,501 Financing: Gearing ratio ( xx : 1) 2.0 0.6 0.0 Interest cover ( times) 2,799.1 3,618.8 14,342.9 Investment: Earnings per share (RM) 65.29 115.77 516.31 Return on shareholders’ funds 99% 64% 74% Dividend cover ( times ) 1632.25 2894.26 12907.69 ROI 34% 40% 74% Assessment Report / 097658mibpc2009businessplanfinancialstemplate-1249349843-phpapp02.xls Printed on 08/04/2009 at 01:37:46 3 of 11
  • 4. Company Name: F1 : FINANCIAL PROJECTIONS (RM) Year 2005 2006 2007 Sales (Local) 10 40 90 Sales (Exports) 90 160 210 Total Sales 100 200 300 Net profit (loss) before tax 3,265 5,789 25,815 Net operating cash flow 45 152 236 Liquid Assets 9,442 14,480 34,452 Stocks ( Inventory) 0 0 0 Trade Debtors 20 33 50 Current Assets 9,462 14,513 34,502 Fixed Assets (net) 417 317 217 Current Liablities 1 2 3 Long-Term Liabilities 6,687 5,853 20 Paid-up-Capital 50 50 50 R&D Investment ( at cost) 70 140 210 Networth ( cumulative ) 9,999 14,952 34,932 F2 : Breakdown of Sales (RM) Item * 2005 2006 2007 Content Edition/Enhancement Interractive Services E-Commerce 100 200 300 Software Integration Website Development Income Hosting Fees i-directory listing Sale of Portals Fulfillment charges Licensing Subscription Transaction Fee Advertisement Data Centre Management Call Centre Management System Intergration and Testing Others :- Others :- Total 100 200 300 F3 : Breakdown of Research & Development (RM) Item * 2005 2006 2007 R&D staff salaries ** --R&D Electronic Engineers --R&D Embedded Software Engineers --R&D Software Engineer --R&D Quality & Security Engineer --Chief Designer --Web Designer 10 20 30 --Web Engineer --Linguists --Language Translators --Content Developers --Others:-(please specify) Sub-total 10 20 30 Technology acquisitions - Hardware --Computer Servers --Personal Computers --ISDN Lines Connection 10 20 30 --Workstations Hardware & Accessories --Furniture & Fittings --Others:-(please specify) Sub-total 10 20 30 Technology acquisitions - Software --Software Licencing for Windows NT --Software for Hardware Development 10 20 30 --Design Tools --Others:-(please specify) Sub-total 10 20 30 Prototypes --Content & Design Fee --Mould Making --Prototyping Costs 10 20 30 --Others:-(please specify) Sub-total 10 20 30 Consumables / Incidental Costs 10 20 30 Patenting & Copyrights 10 20 30 Others:-(please specify) 10 20 30 Grand Total 70 140 210 * Please adjust the items according to the nature of your business ** For R&D staff salaries, please indicate (PT) for part-time or (FT) full-time . F4 : PAST FINANCIAL PERFORMANCE No. of Audited Financial Statement (max. of 3 years) 0 Past Perfomance 2001 2002 2003 Sales Profit/Loss before tax Please fill in the above with the past years audited financial figures wherever applicable.
  • 5. Total Sales 600 Total R&D 420 Percentage of R&D over Sales 1 Tax Loss 124,530 OpEx 120 CapEx 207 Total Export 460 RATIO ANALYSIS 2004 2005 2006 Profitibility: Gross profit 100% 100% 100% Net profit 3265% 2894% 8605% Return on capital employed 34% 40% 74% Asset turnover (times) 0.0 0.0 0.0 Liquidity: Current ratio ( xx : 1) 9,462 7,257 11,501 Quick ratio/Acid test ratio ( xx : 1) 9,462 7,257 11,501 Financing: Gearing ratio ( xx : 1) 2.0 0.6 0.0 Interest cover ( times) 2,799.1 3,618.8 14,342.9 Investment: Earnings per share (RM) 65.29 115.77 516.31 Return on shareholders’ funds 99% 64% 74% Dividend cover ( times ) 1,632.3 2,894.3 12,907.7 ROI 34% 40% 74%
  • 6. PROFIT AND LOSS ACCOUNT PROJECTIONS 2005 2006 2007 RM RM RM SALES 100 200 300 less: COST OF SALES GROSS PROFIT 100 200 300 less: General & Administrative Expenses Professional fees Directors' remuneration Insurance 12 24 36 Medical fee Rental of premises Salaries,allowances & bonus 12 12 12 Utilities Upkeep of office R & D expenses 40 80 120 Others:- Others:- Others:- Total G&A 64 116 168 Sales & Marketing Expenses Advertisement Entertainment Printing and stationery Salaries and commissions 12 Tender fee Travelling expenses Upkeep of motor vehicle Others:- Others:- Others:- Total S&M 12 0 0 Other Income 3,333 5,833 25,833 PBDIT 3,357 5,917 25,965 less: Amortisation of R&D 8 27 48 Depreciation 83 100 100 PBIT 3,266 5,790 25,817 less: Financial Charges 1 2 2 PROFIT / (LOSS) BEFORE TAXATION 3,265 5,789 25,815 LESS : TAXATION PROFIT / (LOSS) AFTER TAXATION 3,265 5,789 25,815 Minority Interest 0 0 0 Distributable Profit 3,265 5,789 25,815 less: Dividend 2 2 2 Retained Profit / (Loss) For The Year 3,263 5,787 25,813 Retained Profit / (Loss) B/fwd 0 3,263 9,049 Retained Profit / (Loss) C/fwd 3,263 9,049 34,862
  • 7. BALANCE SHEET 0 0 PROJECTIONS 2005 2006 2007 RM RM RM Research & Development (net) 22 54 96 Investment 100 70 120 FIXED ASSETS (net) Land & Buildings 83 63 43 Fixtures & Fittings 83 63 43 Office Equipment 83 63 43 Motor Vehicles 0 0 0 Others 0 0 0 417 317 217 CURRENT ASSETS Trade debtors 20 33 50 Cash and bank balances 9,442 14,480 34,452 Prepayments & Deposits 0 0 0 Stocks (non-tradeable) 0 0 0 9,462 14,513 34,502 Less : Current Liabilities Other creditors 1 2 3 Trade Creditors 0 0 0 Accruals 0 0 0 Short Term Loans 0 0 0 1 2 3 NET CURRENT ASSETS 9,461 14,511 34,499 NET ASSETS 9,999 14,952 34,932 Financed By : Share Capital ( Paid-up capital) 50 50 50 Share Premium Reserves 0 0 0 Retained Profit C/fwd 3,263 9,049 34,862 3,313 9,099 34,912 Long term liabilities Grants 6,667 5,833 0 Debenture Long-term loans 20 20 20 SHAREHOLDERS' NETWORTH 9,999 14,952 34,932 0 0 0
  • 8. CASH FLOW STATEMENT - - PROJECTIONS 2005 2006 2007 RM RM RM Cash flows from operating activities Cash receipts from customers 80 187 283 Cash paid to suppliers 0 0 0 Cash paid to operating expenses & employees (35) (35) (47) Net cash from/(used in) operating activities 45 152 236 Cash flows from investing activities Investment (100) 30 (50) Purchase of fixed assets (500) 0 0 Research & development (70) (140) (210) Net cash from/( used in) investing activities (670) (110) (260) Cash flows from financing activities Issuance of share capital 50 Share Premium Dividend Paid (-) (2) (2) (2) Long term loan/borrowings (+) 20 Repayment of loan (-) Grant 10,000 5,000 20,000 Interest income/(expense) (1) (2) (2) Net cash from/( used in) financing activities 10,067 4,996 19,996 Net increase( decrease) in cash and cash equivalents 9,442 5,038 19,973 Cash and cash equivalents brought forward 0 9,442 14,480 Cash and cash equivalents carried forward 9,442 14,480 34,452
  • 9. Assumptions:- 1. Name of the Company 2. Projection Start (year) 2005 2006 2007 Sales (must total to 100%) 100% 100% 100% -expexted Local Sales (%) 10% 20% 30% -expected Export Sales (%) 90% 80% 70% 3. Trade Debtors Credit Period (month) 2 4. Trade Creditors Credit Period (month) 0 Other Creditors Credit Period (month) 1 5. Interest Rate (%) 7% 8% 9% 6. Depreciation Rate (%) refer to FA section below 7. Amortisation Rate (%) 33% 8. Period covered in 1st. Year (months) 10 9. Fixed Assets Calculation 2005 2006 2007 Annual Acquisition: Land & Buildings 100 0 0 Fixtures & Fittings 100 0 0 Office Equipment 100 0 0 Motor Vehicles 0 0 0 Others 0 0 0 500 0 0 Depreciation: % Land & Buildings 20% 17 20 20 Fixtures & Fittings 20% 17 20 20 Office Equipment 20% 17 20 20 Motor Vehicles 20% 0 0 0 Others 20% 0 0 0 83 100 100 Net Book Value: Land & Buildings 83 63 43 Fixtures & Fittings 83 63 43 Office Equipment 83 63 43 Motor Vehicles 0 0 0 Others 0 0 0 417 317 217 Assumptions:- Back to :- Rental of Premises Cost of Sales Grant First Drawdown 2005 2006 2007 No.of years to amortised 3 Brought fwd 0 6,667 3,333 Addition 10,000 10,000 6,667 3,333 P&L (Other Income) 3,333 3,333 3,333 carried fwd 6,667 3,333 0 Second Drawdown No.of years to amortised 2 Brought fwd 0 0 2,500 Addition 5,000 0 5,000 2,500 P&L (Other Income) 0 2,500 2,500 carried fwd 0 2,500 0 Third Drawdown No.of years to amortised 1 Brought fwd 0 0 0 Addition 20,000 0 0 20,000 P&L (Other Income) 0 0 20,000 carried fwd 0 0 0
  • 10. 0 0 2005 2005 2006 Profitability Ratios Gross profit percentage Gross profit x 100% 100% 100% 100% Sales Net profit percentage Net profit x 100% 3265% 2894% 8605% Sales Return on capital employed Operating profit x 100% 34% 40% 74% Capital employed Asset turnover sales 0.0 0.0 0.0 Total assets less current liabilities Liquidity Ratios Current ratio Current assets :1 9,461.8 7,256.6 11,500.8 Current liabilities Quick ratio/Acid test ratio Current assets – Stock :1 9,461.8 7,256.6 11,500.8 Current liabilities Financing Ratios Gearing ratio Prior charge capital :1 2.0 0.6 0.0 Total capital Interest cover PBIT 2,799.1 3,618.8 14,342.9 Interest payable Investment Ratios Earnings per share PAT, pref dividends & extraordinary items 65.29 115.77 516.31 Ordinary shares Return on shareholders’ funds equity earnings 99% 64% 74% BV of shareholders’ funds at the year end Dividend cover equity earnings 1,632.25 2,894.26 12,907.69 equity dividend ROI PBDIT 34% 40% 74% Networth Total Sales 600 100 200 300 Total R&D 420 70 140 210 Percentage of R&D over Sales 1 Tax Loss 124,530 OpEx 120 76 116 168 CapEx 207 520 40 60 Total Export 460 90 160 210 Return on capital employed EBIT / total assets less current liabilities at the end of the year. Return on capital employed = EBIT / total assets less current liabilities at the end of the year. Net profit margin = EBIT/sales. Asset turnover = sales /total assets less current liabilities. Current ratio = current assets/current liabilities including overdraft. Gearing = total debt including overdraft/shareholders’ funds. Interest cover = EBIT/interest. Return on shareholders’ funds = equity earnings / book value of shareholders’ funds at the end of the year. Dividend cover = equity earnings/equity dividend.
  • 11. Notes to the Accounts 1 2 3 4 5 6 7