business plan financials template

8/8/2019 Business Plan Financials Template

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Financial Templates

1 Table F1 Financial Projections

2 Table F2

3 Table F3

4 Table F4

Glossary of financial terms

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 )

the prescribed period to support the qualified activities.

{ Formula : Net operating cash flow = Total cash inflow - Total cash outflow }

company's qualified activities. It is a component of Current Assets.

or services on terms that allow delivery prior to the collection of cash. It is a component of

Current Assets.

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.

the qualified activities. They include assets such as ; Land, Building, Machinery & Equipment,

Funiture & Fixtures, Leasehold Improvements and other related assets.

operations, expansions or development of the qualified activities.

operations, expansions or development of the qualified activities.

activities.

activity on either a full time or part time basis.

associated with the project.

attributable to research and development.

(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.

Breakdown of Revenue - The table is to show the source of revenue generation for the company. The revenuestream/s should be the same as the company's proposed activities described in the business plan.

R&D expenses - Please note that the underlying assumption used on the treatment of these expenses is such thatthe Hardware and Software acquisition for the purpose of Research and Development works will be capitalised in theBalance Sheet and subsequently amortised every year. The other R&D expenses as stipulated in Table F3 will bewritten-off completely in the Profit and Loss during the year they incurred.

Past Financial Performance - For the company that has been in operation for more than 1 year, please provide theaudited Sales and the Profit before Tax figures.

1. Sales are defined as proceeds which is derived from the provision of goods and/or services falling

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

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

6. Trade Debtors is defined as receivables that arise as a result of the process of selling inventory

7. Current Assets are those which matures in less than one year and are intended for use on a

8. Fixed Assets represent the use of cash to purchase physical assets whose life exceeds one year for

9. Current Liabilities is defined as short term financial resources acquired for the use and support of

10. Long-term Liabilities is defined as long term financial resources acquired for the use and support of

11. Paid-up-capital is defined as cash injection by shareholders into the company to support the qualified

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

* Technology Acquisition - Hardware relates to costs of capital expenditure which are directly

* Technology Acquisition - Software relates to direct costs of items or materials which are directly

* Prototypes includes directs costs of constructing, assembling, or re-working prototype units.

* Consumables / Incidental Costs. These costs includes:-



Share Capital, Share Premium Account, Capital Reserves, Reserves and Retained Earnings.

13. Networth comprises of shareholder's investments into the company which refers to the sum of



0 0

F1 : FINANCIAL PROJECTIONS

Year 2005 2006 2007

10 40 90

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

70 140 210

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 0Subscription 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%

Sales (Local)

Sales ( Exports)

R&D Investment ( at cost)

Networth ( cumulative )



Grand Total 70 140 210



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!

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%



Company Name:

F1 : FINANCIAL PROJECTIONS (RM)

Year 2005 2006 2007

10 40 90

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

0 0 0

Trade Debtors 20 33 50

Current Assets 9,462 14,513 34,502

417 317 217

Current Liablities 1 2 3

Long-Term Liabilities 6,687 5,853 20

Paid-up-Capital 50 50 50

70 140 210

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

Sub-total 10 20 30

Technology acquisitions - Hardware

--Computer Servers

--Personal Computers

--ISDN Lines Connection 10 20 30

--Workstations Hardware & Accessories

--Furniture & Fittings

Sub-total 10 20 30

Sales (Local)

Sales (Exports)

Stocks ( Inventory)

Fixed Assets (net)

R&D Investment ( at cost)

Networth ( cumulative )

--Others:-(please specify)

--Others:-(please specify)



PROFIT AND LOSS ACCOUNT

PROJECTIONS

2005 2006 2007

RM RM RM

100 200 300

GROSS PROFIT 100 200 300

less:

General & Administrative Expenses

Professional fees

Directors' remuneration

Insurance 12 24 36

Medical fee

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

AdvertisementEntertainment

Printing and stationery

Salaries and commissions 12

Tender fee

Travelling expenses

Upkeep of motor vehicle

Others:-

Others:-

Others:-

Total S&M 12 0 0Other Income 3,333 5,833 25,833

PBDIT 3,357 5,917 25,965

8 27 48

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

SALES

less: COST OF SALES

Rental of premises

less: Amortisation of R&D

Depreciation



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



BALANCE SHEET

0 0

PROJECTIONS

2005 2006 2007

RM RM RM

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

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 0Retained 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

Research & Development (net)

Less : Current Liabilities



CASH FLOW STATEMENT

- -

PROJECTIONS

2005 2006 2007

RM RM RMCash 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



Assumptions:-

1. Name of the Company

2. Projection Start (year) 2005 2006 2007

100% 100% 100%

10% 20% 30%

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



Motor Vehicles 0 0 0Others 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



Motor Vehicles 0 0 0

Others 0 0 0

417 317 217

Assumptions:- Back to :-

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


Brought fwd 0 0 2,500

Addition 5,000

0 5,000 2,500

P&L (Other Income) 0 2,500 2,500carried fwd 0 2,500 0

Third Drawdown


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

Sales (must total to 100%)

-expexted Local Sales (%)

-expected Export Sales (%)

Rental of Premises

Cost of Sales



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 11,500.8Current 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.



Notes to the Accounts

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2

3

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5

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