Smart Business Plan IN INGLESEE!! per esigenze corporate o finanziamenti estero. particolarmente indicato per i fondi diretti BEI.

1. Analysis
Cash Flow
Balance sheet
Incom statment
Analitic incom statement
Mane rates & rates
Break even point
SALES FORECAST PRODUCTION STAFF PLAN AND COSTS FIXED COSTS
ANALISI DELLA REDDITIVITA' E FABBISOGNO FINANZIARIO
Sorces and Uses of Founds
BUDGETING
Fixed assets
OPERATVE PLANS
Input fixed Assets
FIXED ASSETS
Product List
Assumption
PRODUCT/ITEMS
CONTROL PANEL
Variable Costs
Scoring

2. Assumption
Assumption
Company data
Reference
Phone number
Email
Short Project Description
Assunti di base
Average days of respite granted to customers
Average days of respite provided by suppliers
Short-term interest rate financing
Midlle-term interest rate financing
Long-term interest rate financing

3. Products List
1 Item 1
2 Item 2
3 item 3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
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Products/goods/Items/Services
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Products List

4. Variable Costs
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Products/goods/Items/Services
Example1
Example2
Example3
Example4
Example5
Example6
Example7
Sum
Item 1 1,00 2,00 3,00
Item 2 0,50 0,50
item 3 3,00 1,00 1,00 5,00
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Unit variable costs
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5. Input Fixed assets
Unitary
% VAT Price Q. Value Depreciation value Q. Value Depreciation value Q. Value Depreciation value
(a) (b) (axb) (a x % Depreciation) (c) (axc) (a x % depreciation) (d) (axd) (a x% depreciation)
Property, plant & equipment CONNECTIONS AND PLANTS, MACHINERY AND EQUIPMENT , SAFETY DEVICES , VEHICLES 13,0% 22% 100.000,00 1 100.000,00 13.000,00 - 13.000,00 - 13.000,00
Property, plant & equipment HARDWARE AND ELETTRONIC MACHINERY 13,0% 22% 5.000,00 1 5.000,00 650,00 - 650,00 - 650,00
Intangible assets DESIGN , LICENCES SPECIFIC SOFTWARE PATENTS 20,0% 22% 4.000,00 1 4.000,00 800,00 - 800,00 - 800,00
Intangible assets FORMATION EXPENSES , AND GOODWILL CONSULTING, INITIAL TRAINING 20,0% 22% 3.000,00 1 3.000,00 600,00 - 600,00 - 600,00
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
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- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
112.000,00 15.050,00 - 15.050,00 - 15.050,00
bbb
ccc
ddd
TYPE
INPUT FIXED ASSETS
DESCRIPTION
%
Depreciation
CATEGORY
aaaa
Totale degli incrementi annuali
Year 1 Year 2 Year 3

6. Fixed assets
1° Esercizio 2° Esercizio 3° Esercizio
Totale Totale Totale
fine eserc. fine eserc. fine eserc.
GROUND - - -
FACTORY - - -
CONNECTIONS AND PLANTS, MACHINERY AND EQUIPMENT , SAFETY DEVICES , VEHICLES 100.000,00 - -
HARDWARE AND ELETTRONIC MACHINERY 5.000,00 - -
FURNITURE AND FURNISHINGS - - -
BUILDING ENGINEERING - - -
Total Property, plant & equipment (4 + 8) 105.000,00 - -
FORMATION EXPENSES , AND GOODWILL CONSULTING, INITIAL TRAINING 3.000,00 - -
DESIGN , LICENCES SPECIFIC SOFTWARE PATENTS 4.000,00 - -
GENERIC SOFTWARE - - -
INITIAL SHARES OF FRANCHISE AGREEMENTS - - -
Total intangible assets 7.000,00 - -
SHAREHOLDINGS AND GOODWILL - - -
INVESTMENTS - - -
Total financial assets - - -
Annual assets increases
112.000,00 - -
Cumulate sum
112.000,00 112.000,00 112.000,00
Property, plant & equipment - - -
Intangible assets depreciation - - -
Ammount - - -
Net value Property, plant & equipment 105.000,00 105.000,00 105.000,00
Net value Intangible assets 7.000,00 7.000,00 7.000,00
Sum 112.000,00 112.000,00 112.000,00
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Fixed assets
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7. Sales Forecast
PIANO DELLE VENDITE
Grace
period
Grace
Period
Grace
Period
Products/Items/Services Taxable price
%
VAT
Unitary VAT
Forecasted unit
sales
VAT
First year
gross sales
-
Taxable
price
%
VAT
Unitary VAT
Forecasted unit
sales
VAT
Second year
gross sales
-
Taxable price
%
VAT
Unitary
VAT
Forecasted unit
sales
VAT Third year
gross sales -
Item 1 8 22% 1,76 3.500 6.160,00 28.000,00 8 22% 1,76 3.500 6.160,00 28.000,00 8 22% 1,76 3.500 6.160,00 28.000,00
Item 2 4 22% 0,88 4.000 3.520,00 16.000,00 4 22% 0,88 4.000 3.520,00 16.000,00 4 22% 0,88 4.000 3.520,00 16.000,00
item 3 16 22% 3,52 6.000 21.120,00 96.000,00 16 22% 3,52 6.000 21.120,00 96.000,00 16 22% 3,52 6.000 21.120,00 96.000,00
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
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- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
Total net sales 30.800,00 140.000,00 30.800,00 140.000,00 30.800,00 140.000,00
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Year 1 Year 2 Year 3

8. Production
Production Plan YEAR 1 Grace period YEAR 2 Grace period YEAR 3 Grace period
Product/Services/Items Unit cost % VAT Year 1 product unit Amount VAT Total prodoct cost
0
Year 2 product unit Amount VAT Total prodoct cost
0
Year 3 product unit Amount VAT Total prodoct cost
0
Item 1
3,00 3.500 - 10.500,00 3.500 - 10.500,00 3.500 - 10.500,00
Item 2
0,50 4.000 - 2.000,00 4.000 - 2.000,00 4.000 - 2.000,00
item 3
5,00 6.000 - 30.000,00 6.000 - 30.000,00 6.000 - 30.000,00
-
0,00 - - - - - - - - -
- 0,00 - - - - - - - - -
- 0,00 - - - - - - - - -
- 0,00 - - - - - - - - -
- 0,00 - - - - - - - - -
- 0,00 - - - - - - - - -
- 0,00 - - - - - - - - -
- 0,00 - - - - - - - - -
- 0,00 - - - - - - - - -
- 0,00 - - - - - - - - -
- 0,00 - - - - - - - - -
- 0,00 - - - - - - - - -
- 0,00 - - - - - - - - -
- 0,00 - - - - - - - - -
- 0,00 - - - - - - - - -
Total net costs - 42.500,00 - 42.500,00 - 42.500,00
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9. Staff plan & Costs
Staff plan & costs
Year 1 Year 2 Year 3
Administrative personnel
Total Gross
Annuale
Wage Other costs N. of person Total cost Administrative personnel
Total Gross Annuale
Wage Other costs
N. of
person Total cost Administrative personnel
Total Gross Annuale
Wage Other costs
N. of
person Total cost
aaa 22.000 1 22.000 aaa 22.000 1 22.000 aaa 22.000 1 22.000
- -
- -
- -
22.000 22.000 22.000
Production staff
Gross hourly
earnings
Annuale hours
amount N. of person Total cost
Production staff
Gross hourly
earnings
Annuale hours
amount
N. of
person Total cost
Production staff
Gross hourly
earnings
Annuale hours
amount
N. of
person Total cost
bbbb 10 1.800 2,0 34.920 bbbb 10 1.800 2,0 34.920 bbbb 10 1.800 2,0 34.920
- -
- -
- -
- -
- -
Totale personale diretto 34.920 Sum 34.920 Sum 34.920
3 56.920 3 56.920 3 56.920
Professional partnerships
Gross hourly
earnings
Annuale hours
amount N. of person Total cost Professional partnerships
Gross hourly
earnings
Annuale hours
amount
N. of
person Total cost Professional partnerships
Gross hourly
earnings
Annuale hours
amount
N. of
person Total cost
- -
- -
- -
- -
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Personel costs ammount
Total
Personel costs ammount
Sum
Personel costs ammount
Sum

10. FIXED COST PLAN
Amount % VAT V.A.T. Amount % VAT V.A.T. Amount % VAT V.A.T.
aaaaaaaaaaaaaaaaaa 1.000,00 22% 220,00 1.000,00 22% 220,00 1.000,00 22% 220,00
bbbbbbbbbbbbbbbbb 500,00 22% 110,00 500,00 22% 110,00 500,00 22% 110,00
ccccccccccccccccc 3.500,00 22% 770,00 3.500,00 22% 770,00 3.500,00 22% 770,00
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
5.000,00 1.100,00 5.000,00 1.100,00 5.000,00 1.100,00
Year 1 Year 2 Year 3
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Fixed costs

11. Sorces and Uses of Founds
USES Amount SOURCE Amount
A) Fixed assets 112.000,00 C) Contributi:
-
B) Working capital 20.000,00 Free Grants
D) Liability 107.000,00
Short terms debts 22.000,00 Rate Duration (Years)
Grace Period (N.
of Year)
3,00% 3 0,0
Midlle terms loans Rate Duration (Years)
Grace Period (N.
of Year)
Long Terms loans (Mortgage) 85.000,00 5,00% 10 0,0
Firm purchase price 0,00%
Employment termination indemnity debt
E) Equity 25.000,00
Capitale sociale 25.000,00 22%
Paid-up capital
250.000,00 Year of apports
Non-interest-bearing apports 1
Share premium account
Total 132.000,00 Balance 132.000,00
Sorces and Uses of Founds
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12. l-t mortgage repayment plan
Loan amount 85.000,00 Monthly instalment 901,56
Landing rate 5,00% Number of instalment 120
Time duration 10 Total interests 23.186,83
Starting date 01/01/00 Total loan costs 108.186,83
Long term repayment plan

13. m-t loan repayment plan
Loan amount - Monthly instalment
Landing rate 3% Number of instalment -
Time duration 3 Total interests
Starting date 1,00 Total loan costs
Midlle term loan repayment plan

14. incom statment
Incom statments Economic forecasts
Incrise rate 0%
Year 1 Year 2 Year 3 Year 4 Year 5
Sales Revenue 140.000,00 140.000,00 140.000,00 140.000,00 140.000,00
Other Incomes 0,0% - -
Change in inventories 0,0% - -
140.000,00 140.000,00 140.000,00 100,0% 140.000,00 140.000,00
Raw material consumable used, direct services 42.500,00 42.500,00 42.500,00 30,4% 42.500,00 42.500,00
Gross Profit 97.500,00 97.500,00 97.500,00 69,6% 97.500,00 97.500,00
Gross Wages (adiministration area) 22.000,00 22.000,00 22.000,00 15,7% 22.000,00 22.000,00
GrossWages (production area) 34.920,00 34.920,00 34.920,00 24,9% 34.920,00 34.920,00
Other professional partnership - - - 0,0% - -
Fixed Charges 5.000,00 5.000,00 5.000,00 3,6% 5.000,00 5.000,00
Total 61.920,00 61.920,00 61.920,00 44,2% 61.920,00 61.920,00
Non deductible VAT 0,0% - -
Gross operating surlplu 35.580,00 35.580,00 35.580,00 25,4% 35.580,00 35.580,00
Accruals and benefits for Employee 3.104,73 3.104,73 3.104,73 2,2% 3.104,73 3.104,73
Prevision for diminution 0,0% - -
Depreciation - - - 0,0% - -
Othere expences 0,0% - -
Operating PROFIT 32.475,27 32.475,27 32.475,27 23,2% 32.475,27 32.475,27
Finance Costs 4.097,36 3.753,48 3.392,01 3.012,05 2.612,65
Interest Midddle & long term borrowings 4.097,36 3.753,48 3.392,01 2,4% 3.012,05 2.612,65
Interest short borrowings - - - - - -
Extraordinary Gains 0,0%
Financial Earnings 0,0%
Extraordinary Loss 0,0%
Profit/Loss before tax 28.377,92 28.721,79 29.083,26 20,8% 29.463,22 29.862,63
Income tax expense 13.176,65 13.289,74 13.365,41 9,5% 13.493,64 13.579,73
Profit/Loss for the Period 15.201,26 15.432,05 15.717,85 11,2% 15.969,59 16.282,89
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fill in the dotted cells

15. analitic incom statement
opening Year 1 Year 2 Year 3 Year 4 Year 5
Sales Revenue 140.000,00 140.000,00 140.000,00 140.000,00 140.000,00
Other Incomes - - - - -
Change in inventories - - - - -
A) Vproduction value - 140.000,00 140.000,00 140.000,00 140.000,00 140.000,00
Raw material consumable used, direct services 42.500,00 42.500,00 42.500,00 42.500,00 42.500,00
aaaaaaaaaaaaaaaaaa 1.000,00 1.000,00 1.000,00 1.000,00 1.000,00
bbbbbbbbbbbbbbbbb 500,00 500,00 500,00 500,00 500,00
ccccccccccccccccc 3.500,00 3.500,00 3.500,00 3.500,00 3.500,00
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Gross Wages 56.920,00 56.920,00 56.920,00 56.920,00 56.920,00
Other professional partnership - - - - -
Accruals and benefits for Employee 3.104,73 3.104,73 3.104,73 3.104,73 3.104,73
Prevision for diminution - - - - -
Othere expences - - - - -
Iva indetraibile - - - - -
EBITDA - 32.475,27 32.475,27 32.475,27 32.475,27 32.475,27
EBITDA margin 23% 23% 23% 23% 23%
Depreciation - - - - -
EBIT - 32.475,27 32.475,27 32.475,27 32.475,27 32.475,27
EBIT margin 23% 23% 23% 23% 23%
Extraordinary Gains Financial Earnings - - - - -
Finance Costs Extraordinary Loss 4.097,36 3.753,48 3.392,01 3.012,05 2.612,65
C) Finance & straordinary gain/costs 0,00 -4.097,36 -3.753,48 -3.392,01 -3.012,05 -2.612,65
EBT - 28.377,92 28.721,79 29.083,26 29.463,22 29.862,63
Income tax expense 13.176,65 13.289,74 13.365,41 13.493,64 13.579,73
Profit/Loss for the Period - 15.201,26 15.432,05 15.717,85 15.969,59 16.282,89
Margin #DIV/0! 10,9% 11,0% 11,2% 11,4% 11,6%
Analitycs income statements
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16. main index
Index analysis Year 1 Year 2 Year 3 Year 4 Year 5
Profitablity
R.O.E. 0,61 0,62 0,63 0,64 0,65
R.O.I. 0,14 0,13 0,14 0,13 0,14
R.O.S. 0,23 0,23 0,23 0,23 0,23
Ratios
ADSCR 1,69 1,71 1,74 1,76 2,06
Net debt position/EBITDA 3,31 2,77 2,64 2,14 2,03
Net debt position/FREE CASH FLOW 5,87 4,86 4,55 3,64 3,41
Production value 140.000 140.000 140.000 140.000 140.000
EBITDA Margin 23,2% 23,2% 23,2% 23,2% 23,2%
EBIT margin 23,2% 23,2% 23,2% 23,2% 23,2%
UN 15.201 15.432 15.718 15.970 16.283
Free cash flow 18.305,99 18.536,78 18.822,58 19.074,31 19.387,62
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17. BEP
RIEPILOGO
Unità vendute 13.500
Specific unit costs 48.096,65
General unit costs 34.202,08
Year 1 Revenues 140.000,00
Total direct costs 82.298,74
Ammount 1-(cv/px) 0,70 Segue..
Break Even Point I esercizio 118.172,54
Analisi per prodotto
Products/items Quantities Price Unitary variale cost Unitary gross margin
Specific direct unit
costs Common direct costs
1-
(cv/px) Forecasted revenues Sales Mix
Weighted unit
gross margin Revenue Break -even Unite Break-even
Under Break-
even
Item 1 3.500,00 8,00 3,00 5,00 9.619,33 6.840,42 0,63 28.000,00 20% 13% 26.335,60 3.291,95
Item 2 4.000,00 4,00 0,50 3,50 5.496,76 3.908,81 0,88 16.000,00 11% 10% 10.749,22 2.687,31
item 3 6.000,00 16,00 5,00 11,00 32.980,56 23.452,86 0,69 96.000,00 69% 47% 82.084,97 5.130,31
- - - - - - - - 0% - -
- - - - - - - - 0% - -
- - - - - - - - 0% - -
- - - - - - - - 0% - -
- - - - - - - - 0% - -
- - - - - - - - 0% - -
- - - - - - - - 0% - -
- - - - - - - - 0% - -
- - - - - - - - 0% - -
- - - - - - - - 0% - -
- - - - - - - - 0% - -
- - - - - - - - 0% - -
- - - - - - - - 0% - -
- - - - - - - - 0% - -
- - - - - - - - 0% - -
48.096,65 34.202,08 140.000,00 100% 119.169,79
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18. balance sheetAnalisi patrimoniale
Opening Year I Year II Year III Year IV Year V
No current assests 0,00 -113.000,00 -113.000,00 -113.000,00 -113.000,00 -113.000,00
Property, plant & equipment 105.000,00 105.000,00 105.000,00 105.000,00 105.000,00
Intangible assets 7.000,00 7.000,00 7.000,00 7.000,00 7.000,00
Financial Assets 0,00 0,00 0,00 0,00 0,00
Long-term loans receivable (sharholders) -225.000,00 -225.000,00 -225.000,00 -225.000,00 -225.000,00
VAT receivable regarding Assets 23.540,00 22.440,00 21.340,00 21.340,00 21.340,00
Current Assets 0,00 195.843,40 206.159,58 203.050,73 211.601,14 208.137,41
Inventories 0,00 0,00 0,00 0,00 0,00
Trade receivables and trading assets 0,00 0,00 0,00 0,00 0,00
Cash funds (cash & cash equiv.) 195.843,40 206.159,58 203.050,73 211.601,14 208.137,41
Losts
Total assets 0,00 106.383,40 115.599,58 111.390,73 119.941,14 116.477,41
Lost retained 0,00 0,00 0,00 0,00 0,00
Balance 0,00 106.383,40 115.599,58 111.390,73 119.941,14 116.477,41
Debts 0,00 78.278,67 84.390,13 77.076,55 82.522,23 75.953,78
Sharholder loans 0,00 0,00 0,00 0,00 0,00
Long-term borrowings (>36 months) 78.278,67 71.213,47 63.786,80 55.980,17 49.170,40
Midlle-term borrowings (>12 <36 months) 0,00 0,00 0,00 0,00 0,00
Revolving 0,00 0,00 0,00 0,00 0,00
Trade payables 0,00 0,00 0,00 0,00 0,00
Taxation 0,00 13.176,65 13.289,74 26.542,06 26.783,38
Passive current account 0,00 0,00 0,00 0,00 0,00
VAT due to the Treasury 0,00 0,00 0,00 0,00 0,00
Debt for company sale price 0,00 0,00 0,00 0,00 0,00
Accruals
Retirement and other employee long-term benefit provisions 3.104,73 6.209,45 9.314,18 12.418,91 15.523,64
Equity: 0,00 25.000,00 25.000,00 25.000,00 25.000,00 25.000,00
Share capital 25.000,00 25.000,00 25.000,00 25.000,00 25.000,00
Share issue premium 0,00 0,00 0,00 0,00 0,00
Retained earnings and net income of the year 0,00 0,00 0,00 0,00 0,00
TOTAL 0,00 106.383,40 115.599,58 111.390,73 119.941,14 116.477,41
€ 0,00 € 0,00 € 0,00 € 0,00 € 0,00
Ratios Opening Year I Year II Year III Year IV Year V
Net working capital 0,00 195.843,40 206.159,58 203.050,73 211.601,14 208.137,41
First level margin 0,00 138.000,00 138.000,00 138.000,00 138.000,00 138.000,00
Second level margin 0,00 216.278,67 209.213,47 201.786,80 193.980,17 187.170,40
Cash margin 0,00 195.843,40 206.159,58 203.050,73 211.601,14 208.137,41
Leverage 0,00 4,26 4,62 4,46 4,80 4,66
Quick Ratio n.a n.a n.a n.a n.a n.a
Acid Ratio n.a n.a n.a n.a n.a n.a
Fixed assets/total assets 0,00 -1,06 -0,98 -1,01 -0,94 -0,97
Equity ratio 0,00 0,23 0,22 0,22 0,21 0,21
Tax debt - 3,26 3,62 3,46 3,80 3,66
Net debt position 0,00 107.435,27 90.053,89 85.736,08 69.379,03 66.032,98
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19. balance sheet
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20. analisys
Year 1 Year 2 Year 3 Year 4 Year 5
Forecasted revenues 140.000,00 140.000,00 140.000,00 140.000,00 140.000,00
BEP
84% 84% 84% 84% 84%
Ebitda 32.475,27 32.475,27 32.475,27 32.475,27 32.475,27
23% 23% 23% 23% 23%
Employee benefit expense 56.920,00 56.920,00 56.920,00 56.920,00 56.920,00
41% 41% 41% 41% 41%
Free cash flow 18.305,99 18.536,78 18.822,58 19.074,31 19.387,62
13% 13% 13% 14% 14%
Final cash founds 195.843,40 206.159,58 203.050,73 211.601,14 208.137,41
140% 147% 145% 151% 149%
Net Present Value
ADSCR 1,69 1,71 1,74 1,76 2,06
IRR 175% 184% 181% 189% 186%
Capital I esercizio II esercizio III esercizio IV esercizio V esercizio
Equity 25.000,00 25.000,00 25.000,00 25.000,00 25.000,00
Net Working Capital 195.843,40 206.159,58 203.050,73 211.601,14 208.137,41
No current assets 113.000,00- 113.000,00- 113.000,00- 113.000,00- 113.000,00-
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37.955,76
118.172,54
Forecasted revenues & Bep
105.000,00
110.000,00
115.000,00
120.000,00
125.000,00
130.000,00
135.000,00
140.000,00
145.000,00
1 2 3 4 5Forecasted revenues BEP
Forecasted revenues & Ebit
-
20.000,00
40.000,00
60.000,00
80.000,00
100.000,00
120.000,00
140.000,00
160.000,00
1 2 3 4 5
Forecasted revenues Ebitda

21. annual cash flow
Starting 0,0 195.843,4 206.159,6 203.050,7 211.601,1
1 Raw materials and direct service expediture 42.500,0 42.500,0 42.500,0 42.500,0 42.500,0
-trade debt 0,0 0,0 0,0 0,0 0,0
-payment
2 Rents expediture 0,0 0,0 0,0 0,0 0,0
3 General costs 5.000,0 5.000,0 5.000,0 5.000,0 5.000,0
4 Gross Wages 56.920,0 56.920,0 56.920,0 56.920,0 56.920,0
5 Iterests 4.097,4 3.753,5 3.392,0 3.012,0 2.612,6
6 Taxation 13.176,7 13.289,7 26.542,1 26.783,4 40.121,8
carry over to the next financial year 13.176,7 13.289,7 26.542,1 26.783,4
7 Raw materials and direct service VAT 1.100,0 1.100,0 1.100,0 1.100,0 1.100,0
VAT balance payment 29.700,0 29.700,0 29.700,0 29.700,0 29.700,0
Total managing cash outflow (1+2+3+4+5+6+7+8) 152.494,0 139.086,6 151.864,3 138.473,4 151.171,1
10 Sales revenue 140.000,0 140.000,0 140.000,0 140.000,0 140.000,0
- trade credits 0,0 0,0 0,0 0,0 0,0
- recived 0,0 0,0 0,0 0,0
11 Financial Earnings 0,0 0,0 0,0 0,0 0,0
12 VAT on sales 30.800,0 30.800,0 30.800,0 30.800,0 30.800,0
13 Fixhed assets purchase Vat refund 1.100,0 1.100,0 1.100,0
VAT compensation 0,0 0,0 0,0 0,0 0,0
14 Total managing cash (10+11+12+13) 171.900,0 171.900,0 171.900,0 170.800,0 170.800,0
15 Difference (14-9) 19.406,0 32.813,4 20.035,7 32.326,6 19.628,9
Fixed assets costs
16 GROUND 0,0 0,0 0,0
17 FACTORY 0,0 0,0 0,0
18 CONNECTIONS AND PLANTS, MACHINERY AND EQUIPMENT , SAFETY
DEVICES , VEHICLES 100.000,0 0,0 0,0
19 HARDWARE AND ELETTRONIC MACHINERY 5.000,0 0,0 0,0
20 FURNITURE AND FURNISHINGS 0,0 0,0 0,0
21 BUILDING ENGINEERING 0,0 0,0 0,0
22 FORMATION EXPENSES , AND GOODWILL CONSULTING, INITIAL
TRAINING 3.000,0 0,0 0,0
23 DESIGN , LICENCES SPECIFIC SOFTWARE PATENTS 4.000,0 0,0 0,0
24 GENERIC SOFTWARE 0,0 0,0 0,0
25 INITIAL SHARES OF FRANCHISE AGREEMENTS 0,0 0,0 0,0
26 SHAREHOLDINGS AND GOODWILL 0,0 0,0 0,0
27 INVESTMENTS 0,0 0,0 0,0
28 V.A.T. on Investiments 24.640,0 0,0 0,0
29 Total fixed assets cash outflow(sum 16-29) 136.640,0 0,0 0,0 0,0 0,0
30 Short terms repayment
31 Non-interest-bearing apports repayment
32 Firm purchase price payment
33 Long terms repayment 6.721,3 7.065,2 7.426,7 7.806,6 6.809,8
34 Middle terms repayment 0,0 0,0 0,0 0,0 0,0
35 Profits advance 15.201,3 15.432,0 15.717,9 15.969,6 16.282,9
36 Total financial repayment (26+27+28+29) 21.922,6 22.497,2 23.144,5 23.776,2 23.092,7
37 Payment of Equity 250.000,0
38 Share premium account cash 0,0
39 Non-interest-bearing apports cash 0,0
40 Long term loan borrowing cash 85.000,0
42 Free Grants cash 0,0
43 Middle term loans cash 0,0
44 Firm purchase price -
45 Employment termination indemnity debt -
46 Revenue to cover operating losses
47 Revenue for short-term funding
48 Extraordinary managment revenues (somma 30-48) 335.000,0 0,0 0,0 0,0 0,0
49 EXTRA ORDINARY MANAGMENT CASH FLOW ( + 48– 36-29) 176.437,4 (22.497,2) (23.144,5) (23.776,2) (23.092,7)
CASH BALANCE 195.843,4 206.159,6 203.050,7 211.601,1 208.137,4
Control Panel
YEAR IV YEAR V
Control Panel
YEAR III
9
CASH FLOW STATMENT YEAR I YEAR II