exel-e and 3m's

8/13/2019 exel-e and 3m's

1/27

5.2 TOTAL PROJECT COSTS AND SOURCE OF FINANCING

TOTAL PROJECT COSTS

A. LAND 380,240.00B. BUILDING 1,035,422.18

E. MACHINERY AND EQUIPMENT 1,530,969.50

F. RAW MATERIALS AND SUPPLIES 787,285.00

G. ELECTRICAL MATERIALS 20,249.00

H. MISCELLANEOUS 3,680.00

I. WORKING CAPITAL* #REF!

Working Capital(monthly) #REF!

TOTAL PROJECT COSTS 3,757,845.68

SOURCE OF FINANCING

A. EQUITY ( Capital Contribution)

Mustonen, Elma G. 3,757,845.68

* Working Capital is equivalent to 1 month operating requirements


2/27

NOTE 4- MACHINERY and EQUIPMENT and DEPRECIATION

Machinery and Equipment Cost EUL Annual Depreciation

Tank 150,000 50.00 3,000.00

Computer Desktop 30,000 15.00 2,000.00

Generator 280,000 30.00 9,333.33Pump 660,000 20.00 33,000.00

Cash Register 17,500 10.00 1,750.00

Hydraulic Lifter 120,000 30.00 4,000.00

Pneumatic Tire Changer 150,000 30.00 5,000.00

Air Conditioner 20,000 20.00 1,000.00

TOTAL 1,427,500 59,083.33

Machinery and Equipment Accumulated Depreciation

Year 1 Year 2 Year 3 Year 4 Year 5

Tank 3,000.00 6,000.00 9,000.00 12,000.00 15,000.00

Computer Desktop 2,000.00 4,000.00 6,000.00 8,000.00 10,000.00

Generator 9,333.33 18,666.66 27,999.99 37,333.32 46,666.65

Pump 33,000.00 66,000.00 99,000.00 132,000.00 165,000.00

Cash Register 1,750.00 3,500.00 5,250.00 7,000.00 8,750.00

Hydraulic Lifter 4,000.00 8,000.00 12,000.00 16,000.00 20,000.00

Pneumatic Tire Changer 5,000.00 10,000.00 15,000.00 20,000.00 25,000.00

Air Conditioner 1,000.00 2,000.00 3,000.00 4,000.00 5,000.00

TOTAL 59,083.33 118,166.66 177,249.99 236,333.32 295,416.65

Machinery and Equipment NET BOOK VALUE


Tank 147,000.00 144,000.00 141,000.00 138,000.00 135,000.00

Computer Desktop 28,000.00 26,000.00 24,000.00 22,000.00 20,000.00

Generator 270,666.67 261,333.34 252,000.01 242,666.68 233,333.35

Pump 627,000.00 594,000.00 561,000.00 528,000.00 495,000.00

Cash Register 15,750.00 14,000.00 12,250.00 10,500.00 8,750.00

Hydraulic Lifter 116,000.00 112,000.00 108,000.00 104,000.00 100,000.00Pneumatic Tire Changer 145,000.00 140,000.00 135,000.00 130,000.00 125,000.00

Air Conditioner 19,000.00 18,000.00 17,000.00 16,000.00 15,000.00


3/27

TOTAL 1,368,416.67 1,309,333.34 1,250,250.01 1,191,166.68 1,132,083.35

NOTE 5- BUILDING and DEPRECIATION

Roofing Materials and Signage 84,949.00

Building Materials and Pavement 325,699.00

Door and Window Materials 48,776.28

Comfort Rooms-Class A 25,925.00

TOTAL BUILDING COST 485,349.28

Building Accumulated Depreciation


Building 12,133.73 24,267.46 36,401.19 48,534.92 60,668.65

NOTE 6- FURNITURE and FIXTURE and DEPRECIATION

Mono block Chair 960.00 Furniture and Fixture Accumul

Steel Cabinet with Vault 13,500.00 Year 1 Year 2

Display Shelves 14,000.00 Mono block Chair 24.00 48.

Office Chair 2,800.00 Steel Cabinet with Vault 675.00 1,350.

Office Table 4,000.00 Display Shelves 350.00 700.

Office Chair 280.00 560.

TOTAL 35,260.00 Office Table 200.00 400.

TOTAL 1,529.00 3,058.

NOTE 7- PRE-OPERATING EXPENSE

Advertising Expense 1,000.00

Technical Layout 10,000.00 Furniture and Fixtures NET B

Printing and Binding 1,500.00 Year 1 Year 2

Survey Cost 1,500.00 Mono block Chair 936.00 912.

TOTAL 14,000.00 Steel Cabinet with Vault 12,825.00 12,150.

Display Shelves 13,650.00 13,300.

Permits and Licenses Office Chair 2,520.00 2,240.

Cedula (Owner) 15.00 Office Table 3,800.00 3,600.Barangay Clearance 15.00

Fire Safety Certification 750.00 TOTAL 33,731.00 32,202.


4/27

Building Permit 1,500.00

Health Card and sanitary Permit 200.00

Police Clearance (Owner) 50.00

Zoning Clearance 500.00

Tax Clearance 300.00

Environmental Compliance Certificate 1,500.00

BIR 1,500.00

Mayor's Permit 1,500.00

TOTAL 7,830.00

NOTE 6- Salaries and Wages

PositionNo. of

EmployeeMonthly salary Phil. health SSS 13

thmonth pay

Annual

benefits/salaries

Manager 1 8,000.00 200.00 832.00 8,000.00 116,384.00

Cashier 1 5,000.00 125.00 520.00 5,000.00 72,740.00

Pump Attendant 1 3,000.00 100.00 312.00 3,000.00 43,944.00

Pump Attendant 1 3,000.00 100.00 312.00 3,000.00 43,944.00

Bookkeepper 1 3,000.00 3,000.00 39,000.00

TOTAL 316,012.00

NOTE 9- OFFICE SUPPLY

Total Cost Quantity Unit cost

Columnar 192.00 8 27.00

Bond Paper (Short) 319.75 1 ream 319.75

Bond Paper (Long) 379.75 1ream 379.75

Ballpen (Black) 200.00 40 5.00

Ballpen (Red) 200.00 40 5.00

Pencil 100.00 20 5.00

Computer Ink 3,000.00 4 750.00

Correction Pen 120.00 2 60.00

Stapler 100.00 2 50.00

Pentel Pen 135.00 3 45.00

Glue 90.00 2 45.00

Fastener 290.00 2box 145.00Staple Wire 90.00 6box 15.00

Scissors 90.00 2 45.00


5/27

Record Book 180.00 3 60.00

White Folder (Long) 144.00 24pcs 6.00

White Folder (Short) 60.00 12pcs 5.00

Envelope (Small) 49.50 11pcs 4.50

Puncher 150.00 2 75.00

Ink (Pentel Pen) 110.00 1 110.00

TOTAL OFFICE SUPPLIES 6,000.00


6/27


7/27

Building Accumulated Depreciation


Building 473,215.55 485,349.28 448,948.09 436,814.36 424,680.63

Year 4 Year 5

96.00 120.00

2,700.00 3,375.00

1,400.00 1,750.00

1,120.00 1,400.00

800.00 1,000.00

6,116.00 7,645.00

Year 4 Year 5

864.00 840.00

10,800.00 10,125.00

12,600.00 12,250.00

1,680.00 1,400.00

3,200.00 3,000.00

29,144.00 27,615.00


8/27


9/27

FINANCIAL RATIOS

YEAR >>> 1 2 3 4 5

Gross Profit Ratio 40% 40% 40% 40% 40%

Operating Income Ratio 39% 39% 39% 39% 39%

YEAR >>> 1 2 3 4 5

Return on Sales 35% 35% 35% 35% 35%

Return on Equity #REF! 49% 49% 49% 49%

Return on Assets #REF! 25% 49% 18% 16%

Return on Investment #REF! 49% 85% 86% 86%

39%39%

39%

39%

40%

40%

40%

40%

40%

1 2 3 4 5

Year

Gross Profit and Optg Income Ratios

Gross Profit Ratio

Operating Income Ratio

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

1 2 3 4 5YEAR

Return on Sales & Return on Assets

Return on Sales

Return on Assets

Return on Equity

Return on Investment


10/27

YEAR >>> 1 2 3 4 5

Current Ratio #REF! 14.92 14.91 14.90 14.90

Cash Flow Liquidity Rario #REF! 7.46 7.46 7.45 7.45

YEAR >>> 1 2 3 4 5

Inventory Turnover - - - - -

WC Turnover #REF! 1.52 1.52 1.52 1.52

Asset Turnover #REF! #REF! #REF! #REF! #REF!

-

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

1 2 3 4 5YEAR

Current Ratio and CF Liquidity Ratio

Current Ratio

Cash Flow Liquidity Rario

-0.20

0.40

0.60

0.80

1.00

1.20

1.40

1.60

1.80

1 2 3 4 5

YEAR

TURNOVER RATIOS

Inventory Turnover

WC Turnover

Asset Turnover


11/27

NOTE 1- SALES

Quantity Sold (Liters) (Schedule 1)

PRODUCT Selling Price Year 1 Year 2 Year 3 Year 4 Year 5

Diesel 51.20 351,495.00 386,644.50 425,308.95 467,839.85 514,623.83

Unleaded 60.35 21,900.00 24,090.00 26,499.00 29,148.90 32,063.79

Special Petroleum 60.65 200,750.00 220,825.00 242,907.50 267,198.25 293,918.08

Lubricants 25% mark-up 574,200.00 631,620.00 694,782.00 729,521.10 765,997.16

Oil Services 25% mark-up 28,800.00 31,680.00 34,848.00 38,332.80 42,166.08

TOTAL PROJECTED SALES

PRODUCT Year 1 Year 2 Year 3 Year 4 Year 5

Diesel 17,996,544.00 19,796,198.40 21,775,818.24 23,953,400.06 26,348,740.07

Unleaded 1,321,665.00 1,453,831.50 1,599,214.65 1,759,136.12 1,935,049.73

Special Petroleum 12,175,487.50 13,393,036.25 14,732,339.88 16,205,573.86 17,826,131.25

Lubricants 574,200.00 631,620.00 694,782.00 729,521.10 765,997.16

Oil Filter 28,800.00 31,680.00 34,848.00 38,332.80 42,166.08

TOTAL 32,096,696.50 35,306,366.15 38,837,002.77 42,685,963.94 46,918,084.29

NOTE 2 - COST OF SALESCost of Sales Year 1 Year 2 Year 3 Year 4 Year 5

Cost of Sales(Schedule 2) 75,755,622.57 75,755,622.57 75,755,622.57 75,755,622.57

NOTE 3- OPERATING COST

OPERATING EXPENSE Year 1 Year 2 Year 3 Year 4 Year 5

Salary Expense 0

Office Supply 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00Utilities 138,000.00 144,900.00 144,900.00 147,798.00 150,753.96

Repairs and Maintenance 7,500.00 8,250.00 9,075.00 9,982.50 10,980.75

Taxes and Licenses

TOTAL 151,500.00 159,150.00 159,975.00 163,780.50 167,734.71


12/27


13/27

AVERAGE DAILY SALES BASED FROM THE SURVEY FRO

SCHEDULE 1.1

Competitors Address

Year 3 Year 4 Year 5

Petron Refilling Station Cabariwan, Laua-an, Ant.

425,308.95 467,839.85 514,623.83 FBC Shell Station 2 Cubay South, Bugasong, Ant.

26,499.00 29,148.90 32,063.79 Petron Refilling Station Pojo, Bugasong, Antique

242,907.50 267,198.25 293,918.08 EDC Shell Station Carit-an, Patnongon, Antique

Helix Shell Refilling Station Takas, Valderrama, Antique

Petron Refilling Station Ubos, Valderrama, Antique

TOTAL

Year 3 Year 4 Year 5 AverageDaily Sales

1,006,962.00 1,107,658.20 1,218,424.02

413,384.40 454,722.84 500,195.12

terials Per Year

Year 4 Year 5

54,461,908.98 54,461,908.98

- -

40,195,756.31 40,195,756.31

33,959.10 33,959.10

2,903.83 2,903.83

94,694,528.22 94,694,528.22

18,938,905.64 18,938,905.64

75,755,622.57 75,755,622.57


14/27

THE COMPETITORS(In Liters)

Dailty Sale (in Liters) Averge Daily Sale (in Peso)

Diesel Unleaded Premium Lubricants Oil Filter

1,200.00 80.00 450.00 140.00 -

3,000.00 - 1,200.00 150.00 180.00

1,200.00 180.00 500.00 250.00 -

1,300.00 - 550.00 300.00 120.00

750.00 - 250.00 150.00 80.00

800.00 100.00 350.00 150.00 80.00

8,250.00 360.00 3,300.00 1,140.00 460.00

1,375.00 60.00 550.00 190.00 say 78


15/27

E AND 3-M'S GASOLINE STATION

Projected Income Statement


SALES Note 1 33,625,184.22 36,987,678.04 40,686,434.65 44,720,326.60 49,155,920.60

LESS: COST OF SALES Note 2 20,249,789.04 22,277,767.94 24,505,544.73 26,956,099.20 29,651,709.12

GROSS PROFIT 13,375,395.18 14,709,910.10 16,180,889.92 17,764,227.40 19,504,211.48

LESS: OPERATING EXPENSES Note 3 151,500.00 159,150.00 159,975.00 163,780.50 167,734.71

NET OPERATING INCOME 13,223,895.18 14,550,760.10 16,020,914.92 17,600,446.90 19,336,476.77

INCOME TAX (12%) 1,586,867.42 1,746,091.21 1,922,509.79 2,112,053.63 2,320,377.21

NET INCOME 11,637,027.76 12,804,668.89 14,098,405.13 15,488,393.27 17,016,099.56


16/27


17/27

E and 3M's Gasoline Station

Projected Statement of Cash Flows

References Year 0 Year 1 Year 2 Year 3

Operating Activities

Net Operating Income PIS 13,223,895.18 14,550,760.10 16,020,914.92

Add(Deduct): Depreciation Note 4 59,083.33 59,083.33 59,083.33

Non Cash expense-Pre Operating #REF!

Payment of taxes (1,586,867.42) (1,746,091.21)

Net cash flow from operating activities #REF! 13,022,976.01 14,333,907.04

Investing Activities

Machinery and Equipment 1,530,969.50

Pre-Operating expenses #REF!

Net cash flow from investing activities #REF! - - -

Net Cash Flow #REF! 13,022,976.01 14,333,907.04

CASH, BEGINNING BALANCE #REF! 13,022,976.01 14,333,907.04

CASH, ENDING BALANCE - #REF! 26,045,952.02 28,667,814.08


18/27

Year 4 Year 5

17,600,446.90 19,336,476.77

59,083.33 59,083.33

(1,922,509.79) (2,112,053.63)

15,737,020.44 17,283,506.48

- -

15,737,020.44 17,283,506.48

15,737,020.44 17,283,506.48

31,474,040.89 34,567,012.95


19/27

E and 3M's Gasoline Station

Projected Balance Sheet

References Year 0 Year 1 Year 2 Year 3 Year 4

ASSETS

Current AssetsCash PCFS #REF! #REF! 26,045,952.02 28,667,814.08 31,474,040.89

Pre operating expenses -

Total Current Assets #REF! #REF! 26,045,952.02 28,667,814.08 31,474,040.89

Non-current Assets

Land 380,240.00 380,240.00 380,240.00 380,240.00 380,240.00

Building Note 5 #REF! #REF! #REF! #REF! #REF!

Furnitures and Fixtures 35,260.00 33,731.00 32,202.00 30,673.00 29,144.00Machinery and Equipment (net) Note 4 1,427,500.00 1,368,416.67 1,309,333.34 1,250,250.01 1,191,166.68

Total Non-Current Assets #REF! #REF! #REF! #REF! #REF!

TOTAL ASSETS #REF! #REF! #REF! #REF! #REF!

LIABILITIES AND PARTNER'S EQUITY

Current Liabilities

Income tax payable PIS 1,586,867.42 1,746,091.21 1,922,509.79 2,112,053.63

Total Current Liabilities - 1,586,867.42 1,746,091.21 1,922,509.79 2,112,053.63

Total Liabilities

Owner's Equity

Owner's Capital #REF! #REF! 26,045,952.02 28,667,814.08 31,474,040.89

Accumulated Earnings 11,637,027.76 24,441,696.65 38,540,101.78 54,028,495.05

TOTAL LIABILITIES AND PARTNER'S EQUITY #REF! #REF! 50,487,648.67 67,207,915.86 85,502,535.93

#REF! #REF! #REF! #REF! #REF!

Working Capital #REF! 24,299,860.81 26,745,304.29 29,361,987.26


20/27

Year 5

34,567,012.95

34,567,012.95

380,240.00

#REF!

27,615.001,132,083.35

#REF!

#REF!

2,320,377.21

2,320,377.21

34,567,012.95

71,044,594.61

105,611,607.56

#REF!

32,246,635.74


21/27

BREAK-EVEN ANALYSIS

SALES 33,625,184.22

COST OF SALES 20,249,789.04

LESS: Depreciation expenses 59,083.33

TOTAL COSTS 20,190,705.71

CONTRIBUTION MARGIN 13,434,478.51 39.95%

FIXED COSTS

DEPRECIATION EXPENSES 59,083.33

OPERATING EXPENSES 151,500.00

Total Fixed costs 210,583.33

BREAKEVEN REVENUES 527,069.46

Margin of Safety:

Average Annual revenues 41,035,108.82Breakeven revenues 527,069.46

Margin of safety 40,508,039.36


22/27

FINANCIAL EVALUATION

PAYBACK PERIOD #REF! year

Year >>> 0 1 2 3 4

NCF 3,757,845.68 #REF! 13,022,976.01 14,333,907.04 15,737,020.44 17,283,506.48

Unrecovered balance -

#REF!

DISCOUNTED PAYBACK PERIOD #REF! year

Year >>> 0 1 2 3 4

PV factor 1 0.91 0.83 0.75 0.68 0.62

PV of NCF 3,757,845.68 #REF! 10,762,790.09 10,769,276.51 10,748,596.71 10,731,697.7

Unrecovered balance

#REF!

NET PRESENT VALUE #REF!

Year >>> 0 1 2 3 4

NCF (3,757,845.68) #REF! 13,022,976.01 14,333,907.04 15,737,020.44 17,283,506.48

BENEFIT-COST RATIO #REF!

ICO 3,757,845.68

NPV #REF!

TOTAL BENEFITS #REF!

Rate used for NPV, BCR and Discounted Payback Period 10%

INTERNAL RATE OF RETURN #VALUE!


23/27

NOTE 10- MACHINERIES AND EQUIPMENT

Total Cost Quantity

Tank 150,000.00 3

Computer Deskstop 30,000.00 1

Fire Extinguisher 13,800.00 3

Ceiling Fan 2,350.00 1

Generator 280,000.00 1

Emergency Light 1,600.00 1

Air Conditioner 20,000.00 1Cash Register 17,500.00 1

Hydraulic Jack 20,000.00 1

Hydraulic Lifter 120,000.00 1

Air Compressor 15,000.00 1

Tools Set 5,000.00 1

Pneumatic Tire Changer 150,000.00 1

CCTV Free Installation 40,000.00 2

Cellphone / Telephone 5,000.00 2

Pump 660,000.00 2

Calculator 719.50 1

Total Machinery and Equipment 1,530,969.50

NOTE 11- MISCELLANEOUS

Total Cost Quantity

Broom 360 4

Dustpan 300 2

Floor map 840 3

Doormat 480 6

Garbage bin 900 6

Pail 560 8

Deeper 240 8

TOTAL MISCELLANEOUS 3680

NOTE 12- ELECTRICAL PLAN

Quantity

THHN Copper Wire 3.5mm2

3,500.00 2box

Panel Board 8 breakers 2,000.00 1pc

Panel Board 6 breakers 1,800.00 1pc

THHN Copper Wire 5.5mm2

3,500.00 1box

Porcelain Receptacles 168.00 6pcs

2 Gang Switch 168.00 4pcs

3 Gang Switch 150.00 2pcs

Duplex Convenience Outlet 605.00 11pcs

Utility Box 198.00 11pcs

CFL 24 watt 1,080.00 6pcs

Fluorescent Lamp 18watt 2,450.00 14pcs

Halogen Lamp 3,200.00 4pcs

Double Throw Switch 180.00 1pc

PVC Pipes 30mm (orange) 1,100.00 20pcs

Junction Box 150.00 6pcs

Total Electrical Plan 20,249.00


24/27

Diesel 289,200.00

Unleaded 230,600.00

Special/Petroleum 233,400.00

OIL FILTER

DC209 249.00 3pcs

DC207 180.00 3pcs

DC103 234.00 3pcs

C306 597.00 3pcsDF308 74.00 2pcs

DFC 317 160.00 2pcs

DF 309 80.00 2pcs

OFC 319 88.00 1pc

FT 6238 176.00 1pc

DF 203 64.00 2pcs

DC 7160 783.00 3pcs

LUBRICANTS

USA 88 ULTIMA 15W40 (6X4) 6,600.00 12pcs

USA 88 ULTIMA 15W40 (24X1) 3,400.00 24pcs

USA 88 BF 1000 ml. 2,200.00 12pcs

USA 88 BF 300 ml 2,200.00 24pcs

USA 88 MP3 24X.5KG 2,800.00 24pcs

USA 88 4T (24X1) 6,400.00 48pcs

USA 88 ATF IID (24X1) 3,400.00 24pcs

USA 88 CLASSIQUE 4,400.00 2pcs

TOTAL RAW MATERIALS AND SUPPLIES 787,285.00

NOTE 14- SHOP

Cement 30,240.00

Sand 1,740.00

Gravel 2,700.00

Tie Wire 780.00

RSB 23,606.00Hollow Blocks 6,375.00

Roll Up Door 12,000.00

TOTAL SHOP 77,441.00

NOTE 15- LAND IMPROVEMENT

Dead Man Installation 20,932.00

Earthworks (Embankment) 32,320.00

Wall 188,332.00

Wall Footing 11,325.00Plastering-Class B Mixture 34,150.00

Plastering-Class A Mixture 23,613.90

Pavement Class A 239,400.00

TOTAL LAND IMPROVEMENT 550,072.90

NOTE 16- UTILITIES


25/27

Monthly Annual

Light and Power 10,000.00 120,000.00

Water 1,500.00 18,000.00

TOTAL 138,000.00


26/27


27/27

83.00

60.00

78.00

199.0037.00

80.00

40.00

88.00

176.00

32.00

261.00

550.00

141.67

183.33

70.83

116.67

133.33

141.67

2,200.00

exel-e and 3m's

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