1. Company: ABC
Model: Forecast Financials and Performance Analysis
Years: 5 Years
Version: 1.0
Prepared By: Syed Muhammad Ali - ACCA
Components: Dash Board
Inputs
F Income Statement
F Balance Sheet
F Cash flow
F Ratios
Legends: INPUTS
DROP DOWN LISTS
LINKED INPUTS

2. Main Menue
DASH Board
00 01 02 03 04 Action
Forecast Income Statement
Sales 42,766.88 49,181.91 56,559.20 65,043.08 74,799.54 sales Growth (%) 15% 15
Net Profit 1,419.35 1,650.58 2,324.85 2,686.56 3,041.42 Cost of Goods Sold (%) 87% 87
Interest (%) 4% 4
Forecast balance Sheet Tax Rates (%) 20% 20
Cash and Deposit 5,830.46 5,749.62 7,423.33 5,528.73 6,573.21
Total Assets 26,354.37 29,356.19 34,570.88 43,252.72 49,955.80
Total Liabilities 21,120.39 22,131.86 25,451.64 32,521.54 37,399.77
Shareholder Funds 5,233.98 7,224.33 9,119.24 10,731.18 12,556.03
Forecast Cash Flow
Earning before interest,tax,depreciation and amortization 2,394.95 3,196.82 3,676.35 4,227.80 4,861.97
Operating Cash Flow (7,711.34) 2,635.29 1,264.91 2,021.86 2,354.02
Performance Analysis
Core Ratios
Return on Sales (NPAT/Sales %) 2.76% 3.36% 4.11% 4.13% 4.07% OK
Asset Turnover (Sales/Total Assets) 1.55 1.68 1.64 1.50 1.50 OK
Asset leverage (Total Assets/Equity) 5.28 4.06 3.79 4.03 3.98 worse
Return on Equity (NPAT/Equity %) 22.52% 22.85% 25.49% 25.04% 24.22% OK
Profitability
Gross Profit Margin (Gross Profit / sales %) 12.31% 13.00% 13.00% 13.00% 13.00% OK
Net Operating Profit Margin (Net operating profit/Sales %) 3.23% 4.87% 5.46% 5.46% 5.46% OK
Net Profit before tax Margin (Profit before tax / sales %) 2.76% 4.20% 5.14% 5.16% 5.08% OK
Return on Capital employed (ROCE) 10.20% 16.40% 17.53% 17.32% 17.17% OK
Return on Assets (ROA) 4.99% 8.16% 8.93% 8.21% 8.17% OK
Operating Efficiency
Inventory Days 3.07 2.37 2.37 2.96 2.96 Better
Trade Receivalbe Days 55.09 42.25 42.25 52.81 52.81 OK
Creditors Days 33.33 31.27 31.27 36.48 36.48 Worse
Funding Gap 24.83 13.35 13.35 19.29 19.29 OK
Financial Structure
Current Ratio 1.58 1.72 1.77 1.67 1.68 Better
Quick asset ratio 1.56 1.70 1.75 1.65 1.66 Better
Working Capital 8,164 10,668 13,079 15,285 17,793 Better
Gross Gearing (%) 61.27% 50.52% 48.20% 47.62% 47.19% worse
Solvency 6.90 7.22 10.46 10.46 10.46 OK
Cash Flow Ratios
5.61% 6.50% 6.50% 6.50% 6.50% OK
Net Operating Cash Flow/Sales -7.96% 5.36% 2.24% 3.11% 3.15% Better
Cash Flow before Financing/Sales -14.04% -0.17% -2.84% -1.96% -1.96% OK
00 01 02 04
Forecast balance Sheet
Cash and Deposit 5,830.46 5,749.62 7,423.33 6,573.21
Total Assets 26,354.37 29,356.19 34,570.88 49,955.80
Total Liabilities 21,120.39 22,131.86 25,451.64 37,399.77
Shareholder Funds 5,233.98 7,224.33 9,119.24 12,556.03
00 01 02 03 04
Forecast Cash Flow
Earning before interest,tax,depreciation and amortization 2,394.95 3,196.82 3,676.35 4,227.80 4,861.97
Operating Cash Flow (7,711.34) 2,635.29 1,264.91 2,021.86 2,354.02
Performance Analysis
Funding Gap 18
00 01 02 03 04 Action
Funding Gap 24.826 13.350 13.350 19.293 19.293 OK
00 01 02 03 04
-
10,000.00
20,000.00
30,000.00
40,000.00
50,000.00
60,000.00
70,000.00
80,000.00
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500.00
1,000.00
1,500.00
2,000.00
2,500.00
3,000.00
3,500.00
Sales Net Profit
00 01 02 04
-
10,000.00
20,000.00
30,000.00
40,000.00
50,000.00
60,000.00
Cash and Deposit Total Assets
Total Liabilities Shareholder Funds
Funding Gap
00 01 02 03 04
0.000
5.000
10.000
15.000
20.000
25.000
30.000
Funding Gap
00 01 02 03 04
(10,000.00)
(8,000.00)
(6,000.00)
(4,000.00)
(2,000.00)
-
2,000.00
4,000.00
6,000.00
Earning before interest,tax,depreciation and amortization Operating Cash Flow

3. Main Menu
Inputs
Forecast
00 01 02 03 04
Actual Forecast Forecast Forecast Forecast
Initial Sales 42,766.88 49,181.91 56,559.20 65,043.08 74,799.54
Sales Growth 4% 15% 15% 15% 15%
Cost of Goods Sold / Sales 87.70% 87% 87% 87% 87%
Depreciation Rates 19.10% 15% 15% 15% 15%
SG&A/sales 6.70% 6.50% 6.50% 6.50% 6.50%
Interes Paid on Debt 2.30% 4% 4% 4% 4%
Interest Earned on Cash - 2% 2% 2% 2%
Exceptionals/sales - - - -
Marginal tax rate - 20% 20% 20% 20%
Dividend payout ratio 35.60% 40% 40% 40% 40%
Net Fixed Asset/sales 12.50% 8% 8% 8% 8%
Intangibles/sales - - - -
Current assets/sales 52.20% 40% 40% 50% 50%
current liabilities/sales 32.20% 30% 30% 35% 35%
Debt/sales 20.20% 15% 15% 15% 15%
Deferred tax/sales - - - - -
New Equity - 1,000 500 - -
Net Fixed Assets 5,345.86 3,934.55 4,524.74 5,203.45 5,983.96
Debt 8,293.00 7,377.29 8,483.88 9,756.46 11,219.93
Current Assets 22,324.31 19,672.76 22,623.68 32,521.54 37,399.77
Current Liabilities 13,770.94 14,754.57 16,967.76 22,765.08 26,179.84

4. Main Menu
FORECAST INCOME STATEMENTS
00 01 02 03 04
Actual Forecast Forecast Forecast Forecast
Sales 42,766.88 49,181.91 56,559.20 65,043.08 74,799.54
Cost of Goods Sold 37,506.55 42,788.26 49,206.50 56,587.48 65,075.60
Gross Profit 5,260.33 6,393.65 7,352.70 8,455.60 9,723.94
Depreciation- manufacturer 848.26 801.88 590.18 678.71 780.52
- Amortization / Others - - - - -
Sales,General and Administration over heads 2,865.38 3,196.82 3,676.35 4,227.80 4,861.97
Net Operating profit 1,546.68 2,394.95 3,086.16 3,549.09 4,081.45
Interest Expense 127.33 331.72 295.09 339.36 390.26
Interest Income - - 114.99 148.47 110.57
Other Financial Income - - - - -
Profit after Financial item 1,419.35 2,063.23 2,906.07 3,358.20 3,801.77
Exceptional Expense - - - - -
Profit before Tax 1,419.35 2,063.23 2,906.07 3,358.20 3,801.77
Tax - 412.65 581.21 671.64 760.35
Net Profit after Tax 1,419.35 1,650.58 2,324.85 2,686.56 3,041.42
Dividend 505.29 660.23 929.94 1,074.62 1,216.57
Retained profit for the year 914.06 990.35 1,394.91 1,611.94 1,824.85

5. Main Menu
FORECAST BALANCE SHEET
00 01 02 03 04
Actual Forecast Forecast Forecast Forecast
Cash and Deposit 5,830.46 5,749.62 7,423.33 5,528.73 6,573.21
Marketable securities - - - - -
Trade Receivables (Debtors) 4,949.30 5,692.88 6,546.81 9,411.04 10,822.69
Inventory 241.57 277.86 319.54 459.33 528.23
Sundry Assets 11,912.35 13,702.03 15,757.34 22,651.17 26,048.85
Current Assets 22,933.68 25,422.39 30,047.01 38,050.27 43,972.98
Land and Building 1,091.04 1,254.70 1,442.91 1,659.34 1,908.24
Plant and Machinery 3,626.35 4,170.30 4,795.85 5,515.22 6,342.51
Depreciation 1,296.70 1,491.20 1,714.88 1,972.11 2,267.93
Net Property, Plant and Equipment 3,420.70 3,933.80 4,523.87 5,202.45 5,982.82
Other Investments - - - - -
Intangibles / Goodwill - - - - -
Non Current Assets 3,420.70 3,933.80 4,523.87 5,202.45 5,982.82
Total Assets 26,354.37 29,356.19 34,570.88 43,252.72 49,955.80
Short Term Bank Loan - - - - -
Trade Creditors 3,186.87 3,665.66 4,215.51 5,655.81 6,504.19
Other Creditors 2,479.48 2,851.99 3,279.79 4,400.39 5,060.45
Other Current Liabilities 7,161.04 8,236.92 9,472.45 12,708.87 14,615.21
Current Liabilities 12,827.39 14,754.57 16,967.76 22,765.08 26,179.84
long term Bank Loan 8,293.00 7,377.29 8,483.88 9,756.46 11,219.93
Deferred TaxLiability - - - - -
Long Term Liabilities 8,293.00 7,377.29 8,483.88 9,756.46 11,219.93
Ordinary Shares 2,000.00 3,000.00 3,500.00 3,500.00 3,500.00
Retained Profit 3,233.98 4,224.33 5,619.24 7,231.18 9,056.03
Shareholder Funds 5,233.98 7,224.33 9,119.24 10,731.18 12,556.03
Total Liabilities and Equity 26,354.37 29,356.19 34,570.88 43,252.72 49,955.80
- - - - -

6. Main Menu
FORECAST CASH FLOW
00 01 02 03 04
Actual Forecast Forecast Forecast Forecast
Net Operating Profit 1,546.68 2,394.95 3,086.16 3,549.09 4,081.45
Depreciation / Amortization 848.26 801.88 590.18 678.71 780.52
Earning before interest , tax, Depreciation and Amortization 2,394.95 3,196.82 3,676.35 4,227.80 4,861.97
Change in current asset (22,933.68) (2,488.71) (4,624.62) (8,003.26) (5,922.71)
Change in current Liabilities 12,827.39 1,927.18 2,213.19 5,797.32 3,414.76
Net Operating Cash flow (7,711.34) 2,635.29 1,264.91 2,021.86 2,354.02
Retrun on Investment and servicing from finance
Interest received - - 114.99 148.47 110.57
interest expense (127.33) (331.72) (295.09) (339.36) (390.26)
dividends (505.29) (660.23) (929.94) (1,074.62) (1,216.57)
Net Cash from retuen on investments (632.62) (991.95) (1,110.04) (1,265.51) (1,496.25)
Taxation
Taxation - (412.65) (581.21) (671.64) (760.35)
deferred Tax - - - - -
Net cash from tax - (412.65) (581.21) (671.64) (760.35)
Investment Activities
Expenditure on Fixed Asset (4,268.96) (1,314.98) (1,180.25) (1,357.29) (1,560.88)
Expenditure on Long term investments - - - - -
Marketable Securities - - - - -
Net Cash from investment activities (4,268.96) (1,314.98) (1,180.25) (1,357.29) (1,560.88)
Exceptional items - - - - -
Net Cash flow before financing activities (12,612.92) (84.29) (1,606.59) (1,272.58) (1,463.47)
Financing Activities
Long term Loan 8,293.00 (915.71) 1,106.59 1,272.58 1,463.47
Share Capital 2,000.00 1,000.00 500.00 - -
Net Cash from financing activities 10,293.00 84.29 1,606.59 1,272.58 1,463.47
Cash and cash equivalent during the year (2,319.92) 0.00 (0.00) 0.00 (0.00)
Cash and Deaposit at beginning of the year 5,830.46 5,749.62 7,423.33 5,528.73
Cash and Deposit at the end of the year 5,830.46 5,749.62 7,423.33 5,528.73

7. Main Menu
FORECAST FINANCIAL RATIOS
99 00 01 02 03 04 Action
Actual Actual Forecast Forecast Forecast Forecast Forecast
Core Ratios
Return on Sales 5.90% 2.76% 3.36% 4.11% 4.13% 4.07% OK
Asset Turnover 1.86 1.55 1.68 1.64 1.50 1.50 OK
Asset leverage 4.81 5.28 4.06 3.79 4.03 3.98 worse
Return on Equity 52.80% 22.52% 22.85% 25.49% 25.04% 24.22% OK
Profitability
Gross Profit Margin 14.11% 12.31% 13.00% 13.00% 13.00% 13.00% OK
Net Operating Profit Margin 6.60% 3.23% 4.87% 5.46% 5.46% 5.46% OK
Net Profit before tax Margin 5.90% 2.76% 4.20% 5.14% 5.16% 5.08% OK
Return on Capital employed 26.95% 10.20% 16.40% 17.53% 17.32% 17.17% OK
Return on Assets 12.29% 4.99% 8.16% 8.93% 8.21% 8.17% OK
Operating Efficiency
Inventory Days 3.99 3.07 2.37 2.37 2.96 2.96 Better
Ttade Receivalbe Days 35.97 55.09 42.25 42.25 52.81 52.81 OK
Creditors Days 37.46 33.33 31.27 31.27 36.48 36.48 Worse
Funding Gap 2.50 24.83 13.35 13.35 19.29 19.29 OK
Financial Structure
Current Ratio 1.20 1.58 1.72 1.77 1.67 1.68 Better
Quick asset ratio 1.17 1.56 1.70 1.75 1.65 1.66 Better
Working Capital 2,363 8,164 10,668 13,079 15,285 17,793 Better
Gross Gearing 55.13% 61.27% 50.52% 48.20% 47.62% 47.19% worse
Solvency 9.42 6.90 7.22 10.46 10.46 10.46 OK
Cash Flow Ratios
EBITDA/Sales 9.21% 5.61% 6.50% 6.50% 6.50% 6.50% OK
Net Operating Cash Flow/Sales 0.31% -7.96% 5.36% 2.24% 3.11% 3.15% Better
Cash Flow before Financing/Sales 2.65% -14.04% -0.17% -2.84% -1.96% -1.96% OK
Assumption
Action can be calculated by the comparision of three years performance if forecast year performance (01) improved by the preceding two
years than performance is "Better", if forecast year performance (01) is improved as compared to either of preceding years than perforamce
is "OK" , if forecast year performance (01) is fallen as compared to preceding two years than performance is "worst"