Generic Model

8/3/2019 Generic Model

1/15

Assumptions

Year 1 Year 2 Year 3 Year 4 Year 5

Growth rate of Sales Quantities

Products

Product A ----- 0.0% 0.0% 0.0% 0.0%

Product B ----- 0.0% 0.0% 0.0% 0.0%

Product C ----- 0.0% 0.0% 0.0% 0.0%

Goods

Good A (Matires organiques) ----- 7.0% 0.0% 0.0% 0.0%

Good B (Matires plastiques) ----- 6.0% 0.0% 0.0% 0.0%Good C (produits derivs du fer) ----- 5.0% 0.0% 0.0% 0.0%

Services

Service A ----- 0.0% 0.0% 0.0% 0.0%

Service B ----- 0.0% 0.0% 0.0% 0.0%

Service C ----- 0.0% 0.0% 0.0% 0.0%

Growth Rate of Sales Price

Products

Product A ----- 0.0% 0.0% 0.0% 0.0%

Product B ----- 0.0% 0.0% 0.0% 0.0%

Product C ----- 0.0% 0.0% 0.0% 0.0%

Goods


Good B (Matires plastiques) ----- 5.0% 6.0% 0.0% 0.0%

Good C (produits derivs du fer) ----- 5.0% 6.0% 0.0% 0.0%Services

Service A ----- 0.0% 0.0% 0.0% 0.0%

Service B ----- 0.0% 0.0% 0.0% 0.0%

Service C ----- 0.0% 0.0% 0.0% 0.0%

Growth Rate of Puchase Quantities

Raw materials

Raw material A ----- 0.0% 0.0% 0.0% 0.0%

Raw material B ----- 0.0% 0.0% 0.0% 0.0%

Raw material C ----- 0.0% 0.0% 0.0% 0.0%

Goods



Good C (produits derivs du fer) ----- 5.0% 0.0% 10.0% 0.0%Growth rate of Purshase price

Raw materials

Raw material A ----- 0.0% 0.0% 0.0% 0.0%

Raw material B ----- 0.0% 0.0% 0.0% 0.0%

Raw material C ----- 0.0% 0.0% 0.0% 0.0%

Goods



Good C (produits derivs du fer) ----- 6.0% 8.0% 0.0% 10.0%

Growth Rate of Outsourced services ----- 0.0% 0.0% 0.0% 0.0%

Salaries Growth rate ----- ----- ----- ----- -----

Management ----- 2.0% 5.0% 0.0% 8.0%

Technical ----- 4.0% 7.0% 0.0% 100.0%

Commercial ----- 5.0% 0.0% 10.0% 0.0%

Administration ----- 10.0% 0.0% 12.0% 0.0%

Others ----- 2.0% 6.0% 0.0% 0.0%

Social Welfare Rate 10.00% 10.00% 10.00% 10.00% 10.00%

Average Payment Time in days (0-360) for inventories 0 0 0 0 0

Average Payment Time in days (0-360) for outsourced services 30 30 30 30 30

Average Collection Time in days (0-360) 1 1 1 1 1

Average Inventory Rotation in days 1 1 1 1 1

VAT on Purchase of Inventories 2.0% 2.0% 2.0% 2.0% 2.0%

VAT on Purchase of Outsourced Services 2.0% 2.0% 2.0% 2.0% 2.0%

VAT on Sales of Products, Goods and Services 2.0% 2.0% 2.0% 2.0% 2.0%

VAT Difference 18 18 18 18 18

Income tax rate 30.0% 30.0% 30.0% 30.0% 30.0%

Provision For Bad Debts (% of sales) 0.5% 0.5% 0.5% 0.5% 0.5%


2/15

Sales of goods and services

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Total

Sales

Products

Quantities

Product A (Matires organiques) 700,000 700,000 700,000 700,000 700,000 700,000 700,000 700,000 700,000 700,000 700,000 700,000 700,000 7

Product B (Matires plastiques) 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 960,000 9

Product C (produits derivs du fer) 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 3,600,000 3,6

Unit Sales Price

Product A 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 ----

Product B 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 ----

Product C 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 ----

Product Sales

Product A 1,750,000 1,750,000 1,750,000 1,750,000 1,750,000 1,750,000 1,750,000 1,750,000 1,750,000 1,750,000 1,750,000 1,750,000 ######## 1,7

Product B 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 96,000

Product C 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 1,080,000 1,

Sub-total 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 ######## 2,9

Goods

QuantitiesGoods A 0 0 0 0 0 0 0 0 0 0 0 0 0

Goods B 0 0 0 0 0 0 0 0 0 0 0 0 0

Goods C 0 0 0 0 0 0 0 0 0 0 0 0 0

Unit Sales Price

Goods A 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ----

Goods B 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ----

Goods C 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ----

Goods sales

Goods A 0 0 0 0 0 0 0 0 0 0 0 0 0

Goods B 0 0 0 0 0 0 0 0 0 0 0 0 0

Goods C 0 0 0 0 0 0 0 0 0 0 0 0 0

Sub-total 0 0 0 0 0 0 0 0 0 0 0 0 0

Total Sales of Goods and Products 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 ######## 2,9

Sales of ServicesQuantities

Service A 0 0 0 0 0 0 0 0 0 0 0 0 0

Service B 0 0 0 0 0 0 0 0 0 0 0 0 0

Service C 0 0 0 0 0 0 0 0 0 0 0 0 0

Unit Sales Price

Service A 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ----

Service B 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ----

Service C 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ----

Service Sales

Service A 0 0 0 0 0 0 0 0 0 0 0 0 0

Service B 0 0 0 0 0 0 0 0 0 0 0 0 0

Service C 0 0 0 0 0 0 0 0 0 0 0 0 0

Total Service Sales 0 0 0 0 0 0 0 0 0 0 0 0 0

Total 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 1,848,000 ######## 2,9

Year 1Y


3/15

Cost of Goods Sold And Raw Materials


Raw Materials

Quantities

Raw Material A 0 0 0 0 0 0 0 0 0 500 500 500 1,500 1,500

Raw Material B 0 0 0 0 0 0 0 0 0 1,000 1,000 1,000 3,000 3,000

Raw Material C 0 0 0 0 0 0 0 0 0 2,000 2,000 2,000 6,000 6,000

Unit Purchase Price

Raw Material A 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ---- 0.0

Raw Material B 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ---- 0.0

Raw Material C 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ---- 0.0

Purchase costRaw Material A 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Raw Material B 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Raw Material C 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Sub-total 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Goods

Quantities

Goods A 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Goods B 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Goods C 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Unit Purchase Price

Goods A 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ---- 0.0

Goods B 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ---- 0.0

Goods C 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ---- 0.0

Purchase cost

Goods A 0 0 0 0 0 0 0 0 0 0 0 0 0 0Goods B 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Goods C 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Sub-total 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Year 1Year 2


4/15

Outsourced Supplies and Services

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Energy 0 0 0 0 0 0 0 0 0 0 0 0

Water 0 0 0 0 0 0 0 0 0 0 0 0

Rentals 0 0 0 0 0 0 0 0 0 0 0 0

Insurance 2500 2500 2500 2500 2500 2500 2500 2500 2500 2500 2500 2500Fuel 350 350 350 350 350 350 350 350 350 350 350 350

Communications 800 800 800 800 800 800 800 800 800 800 800 800

Representation 675 675 675 675 675 675 675 675 675 675 675 675

Travelling, board and lodging 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000

Fees 125 125 125 125 125 125 125 125 125 125 125 125

Royalties 1650 1650 1650 1650 1650 1650 1650 1650 1650 1650 1650 1650

Tools and Consumables 975 975 975 975 975 975 975 975 975 975 975 975

Technical publications 245 245 245 245 245 245 245 245 245 245 245 245

Office material 435 435 435 435 435 435 435 435 435 435 435 435

Legal expenses 799 799 799 799 799 799 799 799 799 799 799 799

Cleaning 500 500 500 500 500 500 500 500 500 500 500 500

Security Costs 2800 2800 2800 2800 2800 2800 2800 2800 2800 2800 2800 2800

Maintenance and Repair of Equipment 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000

Specialised Works 325 325 325 325 325 325 325 325 325 325 325 325

Chartered Accountant Costs 2375 2375 2375 2375 2375 2375 2375 2375 2375 2375 2375 2375

Other Supplies and Outsourced Services 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000

Comissions Paid 3785 3785 3785 3785 3785 3785 3785 3785 3785 3785 3785 3785

Sub-contracts 4800 4800 4800 4800 4800 4800 4800 4800 4800 4800 4800 4800

Advertising costs 575 575 575 575 575 575 575 575 575 575 575 575

Total 33714 33714 33714 33714 33714 33714 33714 33714 33714 33714 33714 33714

Year 1


5/15

Gross salaries

Hc. MGS Total Hc. MGS Total Hc. MGS Total Hc. MGS Total Hc. MGS Total Hc. MGS Total Hc. M

Management 0 1,000 0 0 1,000 0 0 1,000 0 0 1,000 0 0 1,000 0 1 1,000 1,000 0

Technical 0 4,500 0 0 4,500 0 0 4,500 0 2 4,500 9,000 0 4,500 0 0 4,500 0 0

Commercial 0 2,000 0 0 2,000 0 0 2,000 0 0 2,000 0 0 2,000 0 0 2,000 0 0

Administration 0 10,000 0 0 10,000 0 0 10,000 0 0 10,000 0 0 10,000 0 0 10,000 0 0 1

Others 0 5,000 0 2 5,000 10,000 0 5,000 0 0 5,000 0 0 5,000 0 0 5,000 0 0

Total 0 22,500 0 2 22,500 10,000 0 22,500 0 2 22,500 9,000 0 22,500 0 1 22,500 1,000 0 2

Hc. MGS Total Hc. MGS Total Hc. MGS Total Hc. MGS Total Hc. RB Total Hc. RB Total Hc.

Management 0 1,000 0 0 1,000 0 0 1,000 0 0 1,000 0 1 0 0 0 0 0 0 Technical 0 4,500 0 0 4,500 0 0 4,500 0 0 4,500 0 1 0 0 0 0 0 0

Commercial 0 2,000 0 3 2,000 6,000 0 2,000 0 0 2,000 0 1 0 0 0 0 0 0

Administration 0 10,000 0 0 10,000 0 0 10,000 0 0 10,000 0 1 0 0 0 0 0 0

Others 0 5,000 0 1 5,000 5,000 0 5,000 0 0 5,000 0 2 0 0 0 0 0 0

Total 0 22,500 0 4 22,500 11,000 0 22,500 0 0 22,500 0 6 0 0 0 0 0 0

The column "HC." is filled in only when a new worker is employed

The gross salary is per head. From the second year onwards is per head and per year.

Hc. = Headcount; MGS = Monthly Gross Salary; AGS = Annual Gross Salary

Labour costs

MGS SWC Total MGS SWC Total MGS SWC Total MGS SWC Total MGS SWC Total MGS SWC Total MGS S

Management 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,000 100 1,100 1,000

Technical 0 0 0 0 0 0 0 0 0 9,000 900 9,900 9,000 900 9,900 18,000 1,800 19,800 9,000 Commercial 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Administration 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Others 0 0 0 10,000 1,000 11,000 10,000 1,000 11,000 10,000 1,000 11,000 10,000 1,000 11,000 20,000 2,000 22,000 10,000

Total 0 0 0 10,000 1,000 11,000 10,000 1,000 11,000 19,000 1,900 20,900 19,000 1,900 20,900 39,000 3,900 42,900 20,000

MGS SWC Total MGS SWC Total MGS SWC Total MGS SWC Total RB SWC Total RB SWC Total RB S

Management 1,000 100 1,100 1,000 100 1,100 2,000 200 2,200 1,000 100 1,100 8,000 800 8,800 14,280 1,428 15,708 14,994

Technical 9,000 900 9,900 9,000 900 9,900 18,000 1,800 19,800 9,000 900 9,900 99,000 9,900 ###### ###### 13,104 ###### ###### 1

Commercial 0 0 0 6,000 600 6,600 12,000 1,200 13,200 6,000 600 6,600 24,000 2,400 26,400 88,200 8,820 97,020 88,200

Administration 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Others 10,000 1,000 11,000 15,000 1,500 16,500 30,000 3,000 33,000 15,000 1,500 16,500 ###### 15,000 ###### ###### 21,420 ###### ###### 2

Total 20,000 2,000 22,000 31,000 3,100 34,100 62,000 6,200 68,200 31,000 3,100 34,100 ###### 28,100 ###### ###### 44,772 ###### ###### 4

AGS = Annual Gross Salary; SWC = Social Welfare Costs; MGS = Monthly Gross Salary

Month 9 Month 10 Month 11

Month 9 Month 10 Month 11

Month 2 Month 3

Month 12

Month 1 Month 2 Month 3 Month 4 Month 5 Mo

Month 1

Month 6

Total Year 1 Year 2 Y

Year 2 Year 3 Y

MoMonth 4

Month 12

Month 5 Month 6


6/15

Auxiliary Calculations

1 2 3 4 5 6 7 8 9 10 11 12 Total

nventories (excl. VAT)

Raw materialsAt the beginning of period 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Purchases 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Consumption 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

At the end of the period 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Goods

At the beginning of period 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Purchases 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Consumption 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

At the end of the period 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

uppliers (of Inventories)

Inventory at the end of the period (raw materials) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Inventory at the end of the period (goods) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Payments of purchases during the period 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Suppliers account at beginning of period 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Suppliers account at end of period 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

uppliers (of Outsorced Services)

Suppliers account at beginning of period 0 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 0 34,388 25,045

Purchases of outsourced services 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 412,659 300,541 300,541

Suppliers account at end of period 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 25,045 25,045

Payment of outsourced services during the period 0 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 378,271 309,884 300,541

Receivables

Receivables at the beginning of the period 0 62,832 62,832 62,832 62,832 62,832 62,832 62,832 62,832 62,832 62,832 62,832 0 62,832 8,290

Sales of products, goods and services ####### ####### ####### ####### ####### ####### ####### ####### ####### ####### ####### ####### ####### ####### #######

Receivables at the end of the period 62,832 62,832 62,832 62,832 62,832 62,832 62,832 62,832 62,832 62,832 62,832 62,832 62,832 8,290 8,290

Collection during the period ####### ####### ####### ####### ####### ####### ####### ####### ####### ####### ####### ####### ####### ####### #######

tate (VAT)

Deductible VAT 674 674 674 674 674 674 674 674 674 674 674 674 8,091 5,893 5,893

Collected VAT 36,960 36,960 36,960 36,960 36,960 36,960 36,960 36,960 36,960 36,960 36,960 36,960 443,520 58,520 58,520

VAT to be paid/recovered 36,286 36,286 36,286 36,286 36,286 36,286 36,286 36,286 36,286 36,286 36,286 36,286 435,429 52,627 52,627VAT final balance ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- 72,571 2,631 2,631

VAT paid/recovered in the period ----- ----- 36,286 36,286 36,286 36,286 36,286 36,286 36,286 36,286 36,286 36,286 362,857 122,567 52,627

alaries

Salaries paid during the period 0 11,000 11,000 20,900 20,900 42,900 22,000 22,000 22,000 34,100 68,200 34,100 309,100 492,492 517,505

ncome tax

Net earnings before tax ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ####### ####### #######

Income tax on current year earnings ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ####### 631,567 623,825

Payment of income tax in the year ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ####### 631,567

Year 1 Year 2 Year 3


7/15

Investement Plan


Tangible Fixed Assets

) Land and Preparatory Works 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 120,000

2) Buildings and Other Constructions 13,500 13,500 13,500 13,500 13,500 13,500 13,500 13,500 13,500 13,500 13,500 13,500 162,000

3) Equipment 11,775 11,775 11,775 11,775 11,775 11,775 11,775 11,775 11,775 11,775 11,775 11,775 141,300

. Production Equipment 4,700 4,700 4,700 4,700 4,700 4,700 4,700 4,700 4,700 4,700 4,700 4,700 56,400

- Hardware 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 42,000

- Others 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 14,400

. Non Productive Equipment 3,625 3,625 3,625 3,625 3,625 3,625 3,625 3,625 3,625 3,625 3,625 3,625 43,500

- Ambient/Quality/Training 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000- Hardware 1,375 1,375 1,375 1,375 1,375 1,375 1,375 1,375 1,375 1,375 1,375 1,375 16,500

- Others 750 750 750 750 750 750 750 750 750 750 750 750 9,000

. Social 1,450 1,450 1,450 1,450 1,450 1,450 1,450 1,450 1,450 1,450 1,450 1,450 17,400

. Furniture and Administrative eq. 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000

4) Tools 1,850 1,850 1,850 1,850 1,850 1,850 1,850 1,850 1,850 1,850 1,850 1,850 22,200

5) Transport and Handling eq. 1,650 1,650 1,650 1,650 1,650 1,650 1,650 1,650 1,650 1,650 1,650 1,650 19,800

6) Others 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 12,000

Total Tangible Fixed Assets 39,775 39,775 39,775 39,775 39,775 39,775 39,775 39,775 39,775 39,775 39,775 39,775 477,300

Intangible Assets

) Incorporation Expenses 800 800 800 1000 1000 1000 1000 1000 1000 1000 1500 1500 12,400

2) Studies and Analysis 950 950 950 950 950 950 950 950 950 950 950 950 11,400

3) Intellectual Property Rights 500 500 500 500 500 500 500 500 500 500 500 500 6,000

4) Technical Assistance 750 750 750 750 750 750 750 750 750 750 750 750 9,000

5) Software 500 500 500 500 500 500 500 500 500 500 500 500 6,0006) Training 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 12,000

7) Research and Development 1325 1325 1325 1325 1325 1325 1325 1325 1325 1325 1325 1325 15,900

8) Others 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 12,000

Total Intangible Assets 6825 6825 6825 7025 7025 7025 7025 7025 7025 7025 7525 7525 84,700

Year 1Year


8/15

Depreciation and Provisions Un: Eur

% Year 1 Year 2 Year 3 Year 4 Year 5Tangible Fixed Assets

1) Land and preparatory works 3.00% 3,600 3,600 3,600 3,600 3,600

2) Buildings and other constructions 5.00% 8,100 8,100 8,100 8,100 8,100

3) Production Equipment 1.00% 1,413 1,413 1,413 1,413 0

4) Tools 0.00% 0 0 0 0 0

5) Transport and handling equipment 2.00% 396 396 396 396 0

6) Others 2.00% 240 240 240 240 0

Sub-total 13,749 13,749 13,749 13,749 11,700

Intangible Assets

1) Incorporation expenses 5.00% 620 620 620 0 0

2) Studies and analysis 0.00% 0 0 0 0 0

3) Intellectual property rights 10.00% 600 600 600 0 0

4) Technical assistance 0.00% 0 0 0 0 0

5) Software 2.00% 120 120 120 0 06) Training 0.00% 0 0 0 0 0

7) Research and Development 3.00% 477 477 477 0 0

8) Others 4.00% 480 480 480 0 0

Sub-total 2,297 2,297 2,297 0 0

Total Depreciation 16,046 16,046 16,046 13,749 11,700

Anual Depreciation 16,046 16,046 16,046 13,749 11,700

Accumulated Depreciation 16,046 32,092 48,138 61,887 73,587

Provisions

Provisions for bad debts 113,098 14,923 14,923 14,923 14,923Accumulated provisions for bad debts 113,098 128,020 142,943 157,865 172,788


9/15

Financing Plan


Own Capital

Share Capital 10,000 ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- 10,000 -----

Capital Increases 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 216,000 0

Sub-total 28,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 226,000 0

Medium/Long term Payables

Bank Loans 10,000 ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- 10,000 10,000

Shareholders Loans 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 180,000 0

Others 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 240,000 0

Sub-total 45,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 430,000 10,000

Short term payables

Bank Loans 10,000 ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- 10,000 10,000

Shareholders Loans 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 180,000 0

Others 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 240,000 0

Sub-total 45,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 430,000 10,000

Total Financing 118,000 88,000 88,000 88,000 88,000 88,000 88,000 88,000 88,000 88,000 88,000 88,000 1,086,000 20,000

Term 1 Year


Loan amount 10,000 10,000 10,000 10,000 10,000

Annual interest rate 10.0% 10.0% 10.0% 10.0% 10.0%

Utilisation period 1 semester

Deferral period 1 semester

Reimbursement period 8 semestersTotal term 10 semesters


Loan Amount 10,000 10,000 10,000 10,000 10,000

Annual Interest rate 10.0% 10.0% 10.0% 10.0% 10.0%Semester instalment 1,547 1,547 1,547 1,547 1,547

Short term Bank Loans

Year 1Year 2

Medium and Long Term Bank Loans


10/15

Balance Sheet Un: Eu

Year 1 Year 2 Year 3 Year 4 Year 5 Year 1 Year 2 Year 3 Year 4 Year 5

ASSETS EQUITY

1. GROSS NET ASSETS 9. Share capital 226,000 226,000 226,000 226,000 226,0

Financial assets 150,000 150,000 150,000 200,000 10. Reserves 120,000 120,000 120,000 120,000 120,0

Tangible assets 477,300 477,300 477,300 477,300 477,300 11. Retained profits 0 ######## ######## ######## #######

Intangible assets 84,700 84,700 84,700 84,700 84,700 12. Net profit ######## 1,473,656 1,455,592 1,450,039 1,342,4

Fixed assets in progress 10,000 10,000 10,000 10,000 10,000 13. Total Equity ######## ######## ######## ######## #######

2. PROVISIONS & DEPRECIATIONS -16,046 -32,092 -48,138 -61,887 -73,587 (13=9+10+11+12)

NET FIXED ASSETS 705,954 689,908 523,862 660,113 698,413

3. CURRENT ASSETS LIABILITIES

Fin. & Semi-Fin Goods 0 0 0 0 0 14.MED.& LONG TERM LIABILITIES

Raw materials 0 0 0 0 0 Bank loans 10,000 17,853 23,340 26,216 26,2

Products & work in progress 25,000 25,000 25,000 25,000 25,000 Shareholders loans #REF! #REF! #REF! #REF! #RE

25,000 25,000 25,000 25,000 25,000 Other loans #REF! #REF! #REF! #REF! #RE

#REF! #REF! #REF! #REF! #RE

4. ACC. RECEIVABLES M/L TERM 150,000 150,000 150,000 150,000 150,000

5. ACC. RECEIV. SHORT TERM 15. CURRENT LIABILITIES

Clients 62,832 8,290 8,290 8,290 8,290 Bank loans 0 0 0 0

Taxes 0 0 0 0 0 Suppliers 0 0 0 0

Other receivables 200,000 200,000 200,000 200,000 200,000 Taxes 6,475,641 634,198 626,457 624,077 577,9

Bad debts provisions -113,098 -128,020 -142,943 -157,865 -172,788 Shareholders loans 180,000 180,000 180,000 180,000 180,0

149,734 80,270 65,348 50,425 35,502 Other creditors #REF! #REF! #REF! #REF! #RE

#REF! #REF! #REF! #REF! #RE

6. CASH AND BANKS

Cash ######## ######## ######## ######## ########

Bank deposits 300,000 300,000 300,000 300,000 300,000 16. ACCRUALS & Deferments (Regu cpt ajourn)

######## ######## ######## ######## ######## Accruals in costs 14,800 14,800 14,800 14,800 14,8

Antecipated income 1,235 1,235 1,235 1,235 1,2

7. ACCRUALS & DEFERMENTS 16,035 16,035 16,035 16,035 16,0

Accruals in income 12,000 12,000 12,000 12,000 12,000

Deferred Costs 17,500 17,500 17,500 17,500 17,500 17. Total Liabilities #REF! #REF! #REF! #REF! #RE

29,500 29,500 29,500 29,500 29,500 (17=14+15+16)

8. Total Assets ######## ######## ######## ######## ######## 18. Total Liabilities + Equity #REF! #REF! #REF! #REF! #RE

(8=1+2+3+4+5+6+7) (18=13+17)


11/15

Income Statement Un: Eur


COSTS

0 0 0 0 0

404,568 294,648 294,648 294,648 294,648

309,100 492,492 517,505 527,207 682,760

Depreciation 3,515 16,046 16,046 13,749 11,700

Provisions 113,098 14,923 14,923 14,923 14,923

Sundry taxes 520 0 0 0 0

Other operational costs 0 0 0 0 0

(A) 830,801 818,109 843,121 850,526 1,004,031

Depre. & Prov. of Financial Investment & Apli. 0 0 0 0 0

Cash discounts conceded 0 0 0 0 0Financial and interest charges 1,635 2,668 3,461 3,990 4,227

(C) 832,436 820,777 846,582 854,516 1,008,258

Costs and extraordinary losses 0 0 0 0 0

Costs of previous years 0 0 0 0 0

(E) 832,436 820,777 846,582 854,516 1,008,258

Income tax 6,403,069 631,567 623,825 621,445 575,323

(G) 7,235,505 1,452,344 1,470,408 1,475,961 1,583,580

REVENUES

Sales of goods and products 22,176,000 2,926,000 2,926,000 2,926,000 2,926,000

Services 0 0 0 0 0

In-house Corporate Works 0 0 0 0 0

Subsidies 0 0 0 0 0

Other revenues 0 0 0 0 0Production variation 0 0 0 0 0

(B) 22,176,000 2,926,000 2,926,000 2,926,000 2,926,000

Profit/loss from exchange differences 0 0 0 0 0

Cash discount obtained 0 0 0 0 0

Other interest & Fin. Earnings 0 0 0 0 0

(D) 22,176,000 2,926,000 2,926,000 2,926,000 2,926,000

Extraordinary Gains & Earnings 0 0 0 0 0

Earnings from previous years 0 0 0 0 0

(F) 22,176,000 2,926,000 2,926,000 2,926,000 2,926,000

OPERATIONAL EARNINGS (B-A) 21,345,199 2,107,891 2,082,879 2,075,474 1,921,969

FINANCIAL EARNINGS (D-B)-(C-A) -1,635 -2,668 -3,461 -3,990 -4,227

CURRENT EARNINGS 21,343,564 2,105,223 2,079,418 2,071,484 1,917,742

EARNINGS BEFORE TAXES 21,343,564 2,105,223 2,079,418 2,071,484 1,917,742

NET PROFIT 14,940,495 1,473,656 1,455,592 1,450,039 1,342,420


12/15

Treasury Budget

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Encaissement d'exploitation

Prestation de services TTC 1,822,128 1,884,960 1,884,960 1,884,960 1,884,960 1,884,960 1,884,960 1,884,960 1,884,960 1,884,960 1,884,960 1,884,960 #

TVA collecte 0 0 0 0 0 0 0 0 0 0 0 0

Autres encaissement

Capital social 10,000 ---- ---- ---- ---- ---- ---- ---- ---- ---- ---- ----

Augumentation du capital 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 Compte courant associ 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000

Emprunt bancaire a CT 10,000 ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- -----

Emprunt bancaire a LT 10,000 ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- -----

Autres ressources 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000

Total encaissement 1,940,128 1,972,960 1,972,960 1,972,960 1,972,960 1,972,960 1,972,960 1,972,960 1,972,960 1,972,960 1,972,960 1,972,960

Dcaissement d'exploitation

Fournisseurs 0 0 0 0 0 0 0 0 0 0 0 0

Personnel 0 11,000 11,000 20,900 20,900 42,900 22,000 22,000 22,000 34,100 68,200 34,100

Autres services 0 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388 34,388

Taxes ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- -----

TVA dtuctibles ----- ----- 36,286 36,286 36,286 36,286 36,286 36,286 36,286 36,286 36,286 36,286

Autres dcaissements

Investissement en immobilisation 46,600 46,600 46,600 46,800 46,800 46,800 46,800 46,800 46,800 46,800 47,300 47,300

Remboursement emprunt bancaire CT ---- ---- ---- ---- ---- ---- ---- ---- ---- ---- ---- 11,090

Remboursement emprunt bancaire LT ---- ---- ---- ---- ---- ---- ---- ---- ---- ---- ---- 545 Remboursement CCA 0 0 0 0 0 0 0 0 0 0 0 0

Total dcaissement 46,600 91,988 128,274 138,374 138,374 160,374 139,474 139,474 139,474 151,574 186,174 163,709

E-D 1,893,528 1,880,972 1,844,686 1,834,586 1,834,586 1,812,586 1,833,486 1,833,486 1,833,486 1,821,386 1,786,786 1,809,251

Trsorerie dbut priode 0 1,893,528 3,774,500 5,619,186 7,453,772 9,288,358 ######## ######## ######## ######## ######## ########

Trsorerie fin priode 1,893,528 3,774,500 5,619,186 7,453,772 9,288,358 ######## ######## ######## ######## ######## ######## ########

Year 1


13/15

Working capital


Operations needs

Inventories 25,000 25,000 25,000 25,000 25,000

Receivables frs 62,832 8,290 8,290 8,290 8,290

Others 200,000 200,000 200,000 200,000 200,000

Total 287,832 233,290 233,290 233,290 233,290

Operations resources

Payables clt 0 0 0 0 0

Public Administration 6,475,641 634,198 626,457 624,077 577,954

Others (including outsourcing) #REF! #REF! #REF! #REF! #REF!

Total #REF! #REF! #REF! #REF! #REF!

Working Capital #REF! #REF! #REF! #REF! #REF!

Working capital variation - #REF! #REF! #REF! #REF!

Free cash-flow


EBIT (earning before interest and taxes) 21,345,199 2,107,891 2,082,879 2,075,474 1,921,969

Depreciation 3,515 16,046 16,046 13,749 11,700Provisions 113,098 14,923 14,923 14,923 14,923

Potencial cash flow from operations before interest and taxes 21,461,812 2,138,860 2,113,847 2,104,145 1,948,592

Financial earnings from operation 0 0 0 0 0

Financial costs 1,635 2,668 3,461 3,990 4,227

Income tax (IRC) 6,403,069 631,567 623,825 621,445 575,323

Net earnings 14,940,495 1,473,656 1,455,592 1,450,039 1,342,420

Potential Cash-Flow from operations 15,058,743 1,507,293 1,490,022 1,482,700 1,373,269

Investment/divestment in Working Capital #REF! #REF! #REF! #REF! #REF!

Operational Cash-Flow #REF! #REF! #REF! #REF! #REF!

Investment/Divestment in f ixed Capital 562,000 0 0 0 0

Free Cash-Flow #REF! #REF! #REF! #REF! #REF!

Net present value


Capital opportunity cost (rate) 1% 1% 1% 1% 1%

Discount factor 0.9901 0.9803 0.9706 0.9610 0.9515

Present value of free cash flow #REF! #REF! #REF! #REF! #REF!

Net present value #REF!

Internal Profitability (Rate)

Internal Rentability (Rate) #VALUE!

Payback Period


Present Cash-Flow #REF! #REF! #REF! #REF! #REF!

Accumulated Present Cash-Flow #REF! #REF! #REF! #REF! #REF!

Payback Period N Years: #REF! N Months: #REF!

Project Profitability Analysis

Capital opportunity cost (rate)

Net present value



1%

#REF!

#VALUE!


14/15

Ratio


Return on equity 97.7% 8.8% 8.0% 7.4% 6.4%

Return on sales=marge operationelle =Bce Oprt/CA=ope i 67.4% 50.4% 49.7% 49.6% 45.9%

Return on assets 63.9% 7.8% 7.2% 6.6% 5.8%

Financial autonomy 65.4% 88.2% 89.7% 89.7% 90.3%

Indebtness capacity #REF! #REF! #REF! #REF! #REF!

Solvability" #REF! #REF! #REF! #REF! #REF!

General liquidity #REF! #REF! #REF! #REF! #REF!

Gross margin 100.0% 100.0% 100.0% 100.0% 100.0%

Break even point (Euros) 434,153 582,076 609,889 618,123 788,817

Economical safety margin 5007.9% 402.7% 379.8% 373.4% 270.9%

Average inventory turnover (days) 1 1 1 1 1

Average collection time (days) 1 1 1 1 1

Average inventories payment time (days) 0 0 0 0 0

Cash cycle (days) 2 2 2 2 2


15/15

Quick Navigation E Output

Income Statement Un: Eur


Costs 7,235,505 1,452,344 1,470,408 1,475,961 1,583,580Cost of Goods Sold And Raw Materials 0 0 0 0 0

Outsourced Supplies and Services 404,568 294,648 294,648 294,648 294,648

Labour costs 309,100 492,492 517,505 527,207 682,760

Other Costs 6,521,837 665,204 658,255 654,106 606,172

Revenues 22,176,000 2,926,000 2,926,000 2,926,000 2,926,000

Sales of Products and Goods 22,176,000 2,926,000 2,926,000 2,926,000 2,926,000

Sales of Services 0 0 0 0 0

Other Sales 0 0 0 0 0

EBIT 21,345,199 2,107,891 2,082,879 2,075,474 1,921,969

NET PROFIT 14,940,495 1,473,656 1,455,592 1,450,039 1,342,420

Balance Sheet Un: EurYear 1 Year 2 Year 3 Year 4 Year 5

ASSETS 23,379,013 19,009,737 20,313,074 21,913,610 23,259,907

TOTAL ASSETS 23,379,013 19,009,737 20,313,074 21,913,610 23,259,907

Equity 15,286,495 16,760,152 18,215,744 19,665,783 21,008,202

Liabilities #REF! #REF! #REF! #REF! #REF!

TOTAL LIABILITIES + EQUITY #REF! #REF! #REF! #REF! #REF!

Investment Plan Un: Eur


Tangible Fixed Assets 477,300 0 0 0 0

Intangible Assets 84,700 0 0 0 0

TOTAL INVESTMENT 562,000 0 0 0 0

Depreciation Un: Eur


Tangible Fixed Assets 13,749 13,749 13,749 13,749 11,700

Intangible Assets 2,297 2,297 2,297 0 0

TOTAL DEPRECIATION 16,046 16,046 16,046 13,749 11,700

Financing Plan Un: Eur


Own Capital 226,000 0 0 0 0

Medium/Long term Payables 430,000 10,000 10,000 10,000 10,000

Short term payables 430,000 10,000 10,000 10,000 10,000

TOTAL FINANCING 1,086,000 20,000 20,000 20,000 20,000

Treasury budget Un: Eur


Total income 23,642,688 3,059,062 3,004,520 3,004,520 3,004,520

Total disboursements 1,623,863 7,342,827 1,520,214 1,525,313 1,681,600

Cashflow 22,018,825 -4,283,766 1,484,306 1,479,207 1,322,920

Cash at beginning of period 0 22,018,825 17,735,059 19,219,365 20,698,572

CASH AT END OF PERIOD 22,018,825 17,735,059 19,219,365 20,698,572 22,021,492

Project Profitability Analysis

Capital opportunity cost (rate)

Net present value



Ratios


Return on sales =marge operationelle =Bce Oprt/CA=ope inco 67.4% 50.4% 49.7% 49.6% 45.9%

Return on assets 63.9% 7.8% 7.2% 6.6% 5.8%

Financial autonomy 65.4% 88.2% 89.7% 89.7% 90.3%

Break even point (Euros) 434,153 582,076 609,889 618,123 788,817

1%

#REF!

#VALUE!

Assumptions

Auxiliary Calculations

Generic Model

Documents

Transcript of Generic Model