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Financial Analysis And Calculate Projected Income Statement Accounting

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This undertaking was assigned by the University of Central Punjab to fix Feasibility Report of Entertainment point on Lahore Canal, Our Advisor give us all stuff about the undertaking in which everything is mentioned that what sort of undertaking he demand from us at earlier we think that it is an easy undertaking because most of the contents required were understood but as we started working on the undertaking we realized that it ‘s a tough occupation. We try to include accurate informations and figures whereas some premises are necessary to be taken.

In this clip period we were in touch with Professional Engineers, Charted Accountants and market with different facet and by doing this professional undertaking we gain a batch of cognition from different dimensions.

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Further that because we are bound to set up Entertainment Point on Canal so we recommend set uping this point in forepart of Medical Colony near Jalo because of immense infinite as per our demand.

We conduct a study on the targeted Population and got appreciable response to open this point. Then we prepare the feasibleness study in which we include Project Cost, Yearly Expense, Yearly Revenue, Income Statement, Payback Period and Internal Rate of Return to look into Whether it is attractive to do investing or non?

During the readying of the undertaking, we have faced many troubles particularly in ciphering Entire Construction Cost, Project Cost and Financial Analysis etc. All were tough but interesting undertakings but we have done them successfully. Despite of all these jobs and tough undertaking, the whole work was really deserving full. The whole undertaking was really interesting and we have learned a batch.

Recognition

“ After Almighty Allah, who is really merciful and most good to us, we would wish to thanks our adviser Prof. Hafiz Musadiq who helped us in every measure or whenever we faced any job on the ladder sing the readying of the undertaking. He ne’er disappoints us on any measure which make hurdle for farther proceeding. We pay our deepest gratitude to all those individuals and sites that helped us in acquiring primary every bit good as secondary informations and information to particular job sing the undertaking for execution point of position ” .

Table Of Contentss

Table Of Contentss 5

Executive Summary 7

Introduction 8

Capacity 8

VISIT FREQUENCY 9

Investing 9

Proposed Location 9

Market Entry Timing 9

Hazard FACTORS IN DECISION MAKING 10

Recommendations 10

Marketing 10

Pricing 10

Product/Product Boxing 10

Technology & A ; Processes 11

Machinery Cost 11

LAND & A ; BUILDING REQUIREMENT 11

Land 11

Requirement 11

Space Allotment 11

Construction Cost 12

Utilities 12

Suitable Location 12

Sketch 13

HUMAN RESOURCE 13

FINANCIAL ANALYSIS 13

Undertaking Appraisal Summary 14

Entire Project Cost 14

Projected Income Statement 15

Balance Sheet 16

Cash Flow Statement 17

Payback Period & A ; Internal Rate of Return 18

Fiscal Calculation Notes 19

Annual Revenue Budget 19

Year wise Calculation of Gate & A ; Parking 20

Year wise Calculation of Entertainment Point Money 21

Year wise Calculation of Food, Souvenir Stalls & A ; Sign Boards Money 22

Notes for Tools, Equipment, Computer & A ; Telephone 23

Notes for Vehicles, Furniture & A ; Security System 23

Notes for Direct Cost & A ; Expenses 23

Notes for Salaries Expenses 24

Notes for Annual Stores, Spares, Repair & A ; Maintenance 25

Notes for General Expenses 26

Notes for Agenda of Depreciation 27

Premises 28

Executive Summary

This undertaking is submitted to University of Central Punjab as per the class demands of Research Project. Our institute assigned us the subject “ Establishing Entertainment Point on Lahore Canal ” for our undertaking. In this undertaking all facets are covered as per demand. In the initial phase we have provided the intent of this papers and factors and determination devising for investing. Then we have Prepared undertaking program and all undertaking profile which contain undertaking brief, capacity, investing, Product Mix, Financial Summary, Location, timing and strategic recommendation etc. Then we have discussed engineerings and procedures which are used in our undertaking which include machinery demand and fix & A ; care. After that we have chosen suited location and measured it for building cost & A ; public-service corporations demands for the running of this undertaking etc. so we have figured out the Human Resource demand as per our undertaking size. At the terminal we have conducted Financial Analysis and calculate projected income statement, Revenue, Expense Payback Period and IRR ( Internal Rate of Return ) and gave all fiscal computation notes and Key Assumptions.

Introduction

This undertaking is fundamentally designed to ease the canal transit every bit good as to supply an amusement point for kids & A ; childs. The study conducted before the undertaking feasibleness reveals that our state has a deficit of picnic point and the people want amusement after their everyday life where they can come with friend and households to loosen up themselves. The canal is a beautiful topographic point but unluckily no undertaking has been established to recognize its beauty. Although many determination has been made by PHA and other authorities organisations but they were merely limited to the determination. In this undertaking we have tried to cover all facets sing start up production selling and finance.

Our merchandise in this instance would be the service, which would be through selling joy drives and supplying pleasant environment to the people sing this point either they are utilizing the canal transit or sing it individually. For the attractive force of population, a combination of Six ( 6 ) different drives is used in this feasibleness survey. Although for this purpose if required the foreign drives can be imported but this will increase the cost really much whereas Video Games, Mini Zoo, etc are some of the other options that can besides be attractive in the undertaking. In add-on to rejoice drives, nutrients and drinks stables, advertizement sites, and auto parking are other beginnings of gross.

Capacity

Undertaking Capacity is based on

180,000 visitants per annum

6 Drives are installed in an country of 6 Kanals.

Number of working yearss has been taken as 360.

The mean continuance of drives as 3 proceedingss. Loading and off lading clip for the drives have been taken as 7 proceedingss so one unit of ammunition of drive will devour 10 proceedingss in sum, which would ensue in 6 unit of ammunitions of drives per hr.

Capacity and the seating capacity are calculated as under:

Capacity of joy drives

Drives

Avant-garde

Seats/Van

Entire Seatings

Capacity/Day

Clown Around

6

4

24

1,008

Swan

6

2

12

504

Mono Cycle

3

6

18

756

Kiddy Rides ( 10 No. )

10

1

10

420

Dodgem Cars

4

2

8

336

Free Fall

2

6

12

504

Entire

31

21

84

3528

Entire capacity of 84 seats x7 working hours per twenty-four hours x 6 Rides per hr.

Maximal figure of visitants for any twenty-four hours has been assumed to be 30 % of the entire Capacity, which comes out to 1,058.

VISIT FREQUENCY

The estimated visit frequence of these visitants is given below:

aˆ? 50 % would see one time a twelvemonth

aˆ? 25 % would see twice a twelvemonth

aˆ? 15 % would see thrice a twelvemonth

aˆ? 10 % would see four times a twelvemonth

It is further estimated that mean disbursement per individual per visit to the Entertainment Point is Rs 100. Whereas concluding consequences can change depending upon disbursement per individual, fining fee, parking fee and other charges.

Investing

Entire cost of the undertaking Rs. 20 million.

Fixed cost of Rs. 19.8 million.

Working capital of Rs. 0.2 million.

Proposed Location

The proposed locations for the this undertaking are ;

aˆ? In forepart of medical settlement

aˆ? Wafaqi Colony

aˆ? Chabacha Area

The most suited location on which all the premise and computation is done is in forepart of Medical Colony where there is suited topographic point for parking and is within the approachable distance for the people.

Market Entry Timing

The chief focal point in this instance is the children/kids and childs runing from age group of 3-25 old ages, but the investor have to happen out the timing when they can give clip after their day-to-day modus operandi.

The Peaks season

Summer/winter vacations of the childs

Off extremums season

Ramadan/Muharram & A ; the yearss of exams severally.

Other than the Off Peaks, this undertaking can so establish at any clip in the whole twelvemonth because this can besides be used by the traveller of the canal transit for stay & A ; delay.

Hazard FACTORS IN DECISION MAKING

Before doing an investing it is good to see the undermentioned hazard factors ;

The figure of visitants is the chief part of this undertaking which will do it successful. This point must be established on that topographic point where there is a uninterrupted flow of visitants. The best solution is to measure the minimal figure of visitants per twenty-four hours.

We have considers that it will pull 2 % -3 % in the mark location which figured out as 500 to 600 visitants per twenty-four hours.

Choice of drives based on the popularity and infinite available for the undertaking. As this undertaking is associated with canal transit so it can be established at any point where there is a suited infinite and the drives can be increased or decreased to cover the available. We have chosen the topographic point in forepart of Lahore dental college as there is a immense topographic point there for mean figure of drives parking and other installations. The most benefit of that topographic point is that it will impact the traffic flow on a lesser extend as compared to wafaqi settlement and chabacha.

In add-on to sit there must be other installations like suited topographic point for sitting, clean imbibing H2O, ticket counter and nutrient and drink Michigans.

Recommendations

Selling

Selling of this Entertainment Point will play a cardinal function in the success of undertaking. Major selling options include, site advertizement, overseas telegram ads, signboards, pole marks, Billboards and circulars etc.

Pricing

It is recommended that the mean disbursement per individual per visit to the Entertainment Point should non transcend mean per twenty-four hours income of the targeted market. Any pricing scheme should be designed based on this guideline.

Product/Product Packaging

Product/Product bundle can be straight correlated with the type of location, passing power of people in that country and the entire investing available with the enterpriser for this undertaking.

Technology & A ; Procedures

It is recommended that local machinery with local installing is favourable. There is besides foreign with engineering with installing are available but it increases the cost which will go unaffordable for the investing in more than one point. Major Concern for the drive is the quality and safety steps which are sensible in local machinery and local installing capablenesss are acceptable. Therefore for this undertaking local engineering with local installing has been considered whereas foreign engineering can be used if required which consequences fluctuation in given consequences.

Machinery Cost

Machinery Cost in Rs.

Name of the Rides

Qty

Unit of measurement Cost

Entire Cost in Rs.

Clown Around

1

1,170,000

1,170,000

Swan

1

910,000

910,000

Mono Train

1

1,400,000

1,400,000

Kiddy Rides

10

100,000

1,000,000

Dodgem Cars

4

25,000

100,000

Free Fall

1

1,600,000

1,600,000

Entire

6,180,000

LAND & A ; BUILDING REQUIREMENT

Land

For the proposed set up on the green belt of the canal, the land is in the ownership of govt. and this undertaking is made for the govt. to welfare the state. Therefore the cost of land is non included in this study.

Requirement

For the proposed set up with 6 Drives, a sum of 2,4000 sq.ft of land demand is estimated for the undertaking. This land demand includes infinite for installing of drives, direction edifice, fining booths, nutrient and drinks topographic points, parking infinite and others.

Space Allotment

Joy Rides 15500 sq.ft.

Food Stalls & A ; mark Boardss 900 sq.ft.

Other Construction Area[ 1 ]2000 sq.ft.

Construction Cost

Entire cost of edifice & A ; civil plants is estimated at Rs. 7.9 1000000s including Joy Rides and the other points.

Construction Cost

Facilities

Entire Cost

Civil works for Joy Rides

3,845,000

Buildings

2,118,000

Landscaping Work

1,965,000

Entire

7,928,000

Utilities

Main public-service corporations would be power, H2O and gas. Water supply would be through local tubing good. In add-on to it, 3 computing machines with UPS, 1 telephone connexion with internal exchange, telephone sets is besides required for communicating, histories and informations direction. Almost Rs. 8 1000000s is estimated as one-year disbursal associated with public-service corporations.

Utility Requirement

Facilities

Entire Cost

Gas

500,000

Electricity

6,500,000

Water

500,000

Telephone

500,000

Entire

8,000,000

Suitable Location

The suited location for the undertaking would be

In forepart of Medical Colony

Wafaqi Colony

Mughal Pura

The most favourable infinite for this undertaking is in forepart of Medical Colony because our chief intent is to supply Entertainment Point on Canal every bit good as this infinite has a immense infinite for parking and will impact the traffic flow lesser as compared to other locations. There is another benefit is that 3-4 settlements and Societies are linked with this Location.

Sketch

HUMAN RESOURCE

The undermentioned demand of staff along with their degrees and monthly wage is foreseen for this undertaking:

Human Resource Requirement

Appellation

Salary

Staff

Monthly

Annum-Rs

Chief Executive Officer

1

30,000

360,000

Senior Management Admin Staff

2

25,000

600,000

Middle Management Admin Staff

2

20,000

480,000

Junior Admin Staff

2

15,000

360,000

Technicians & A ; Electricians

4

8,500

408,000

Machine Operators & A ; Machine attending

8

8,000

768,000

Guards, Mali, Janitorial Service etc.

8

7,000

672,000

Entire

27

113,500

3,648,000

FINANCIAL ANALYSIS

FINANCIAL ANALYSIS

Undertaking Appraisal Summary

Parameter

Detailss

Anticipated Commissioning

1 Year

Location

In forepart of Medical Colony on Canal

New/ Expansion

New

Apparatus

Govt. Owned

Entire Undertaking Cost

Description

Entire Rs

Building & A ; Civil Works

7,928,000

Plant & A ; Machinery

6,180,000

Tools, Equipment, Computers & A ; Telephones

347,000

Electric Installations

4,000,000

Vehicles, Furniture & A ; Security System

1,119,400

Eventualities

309,000

Entire Fixed Cost

19,883,400

Net Initial Working Capital

200,000

Undertaking Cost

20,083,400

Income Statement

Projected Income Statement

Year 1

Year 2

Year 3

Year 4

Year 5

Gross

22,572,000

24,783,120

27,212,853

29,882,969

32,817,419

Direct Cost & A ; Expenses

15,093,473

15,682,456

16,303,700

16,959,340

17,651,670

Gross Net income

7,478,527

9,100,664

10,909,153

12,923,628

15,165,748

Other Income

0

0

0

0

0

Operating Net income

7,478,527

9,100,664

10,909,153

12,923,628

15,165,748

Fiscal Charges

0

0

0

0

0

Net income Before Tax

7,478,527

9,100,664

10,909,153

12,923,628

15,165,748

Tax

0

0

0

0

0

Net Net income

7,478,527

9,100,664

10,909,153

12,923,628

15,165,748

Projected Taxable Income Statement

Year 1

Year 2

Year 3

Year 4

Year 5

Gross

22,572,000

24,783,120

27,212,853

29,882,969

32,817,419

Direct Cost & A ; Expenses

15,093,473

15,682,456

16,303,700

16,959,340

17,651,670

Gross Net income

7,478,527

9,100,664

10,909,153

12,923,628

15,165,748

Other Income

0

0

0

0

0

Operating Net income

7,478,527

9,100,664

10,909,153

12,923,628

15,165,748

Fiscal Charges

0

0

0

0

0

Net income Before Tax

7,478,527

9,100,664

10,909,153

12,923,628

15,165,748

Tax

2,991,411

3,640,266

4,363,661

5,169,451

6,066,299

Net Net income

4,487,116

5,460,398

6,545,492

7,754,177

9,099,449

Balance Sheet

Projected Balance Sheet

A

A

A

A

A

A

A

A

Year 0

Year 1

Year 2

Year 3

Year 4

Year 5

Capital & A ; Militias

Capital

20,083,400

20,083,400

20,083,400

20,083,400

20,083,400

20,083,400

Retained Net incomes

4,487,232

9,947,746

16,493,354

24,247,647

33,347,212

Sub Total

20,083,400

24,570,632

30,031,146

36,576,754

44,331,047

53,430,612

A

A

Current LiabilitiesA

Accrued Expenses

364,800

393,984

425,503

459,543

496,306

Tax collectible

2,991,488

3,640,343

4,363,739

5,169,529

6,066,377

Sub Total

3,356,288

4,034,327

4,789,241

5,629,072

6,562,683

A

A

Entire Equity & A ; Liabilitiess

20,083,400

27,926,920

34,065,473

41,365,995

49,960,119

59,993,295

A

A

Fixed Assets A

Fixed Assetss

19,883,400

18,342,870

16,802,340

15,261,810

13,721,280

12,180,750

Sub Total

19,883,400

18,342,870

16,802,340

15,261,810

13,721,280

12,180,750

A

A

Current AssetsA

Debtors

44,280

47,304

50,544

54,016

57,737

Cash & A ; Bank Balance

200,000

9,539,770

17,215,830

26,053,642

36,184,823

47,754,809

Sub Total

200,000

9,584,050

17,263,134

26,104,186

36,238,839

47,812,546

A

A

Entire Assetss

20,083,400

27,926,920

34,065,473

41,365,995

49,960,119

59,993,295

Cash Flow Statement

Cash Flow Statement

Year 0

Year 1

Year 2

Year 3

Year 4

Year 5

Operating Net income

7,478,720

9,100,857

10,909,346

12,923,822

15,165,942

Add Depreciation

1,540,530

1,540,530

1,540,530

1,540,530

1,540,530

Capital

20,083,400

A

Other Beginning

A

Long Term Loan

Inc/Dec in Accrued Exp

364,800

29,184

31,519

34,040

36,763

Entire

20,083,400

9,384,050

10,670,572

12,481,395

14,498,392

16,743,235

Applications

A

Fixed Assetss

19,883,400

Long Term Loan

Payment Of

A

Fiscal Charges

Tax Paid

2,991,488

3,640,343

4,363,739

5,169,529

Inc/Dec in Current Assetss

44,280

3,024

3,240

3,472

3,721

Entire

19,883,400

44,280

2,994,512

3,643,583

4,367,211

5,173,250

Excess

200,000

9,339,770

7,676,060

8,837,812

10,131,182

11,569,985

Opening Balance

200,000

9,539,770

17,215,830

26,053,642

36,184,823

Closing Balance

200,000

9,539,770

17,215,830

26,053,642

36,184,823

47,754,809

Payback Period & A ; Internal Rate of Return

Payback Period & A ; Internal Rate of Return

Year

Net Net income

Depreciation

Cash Flow

Net Cash Flow

NPV @ 26.42 %

0

( 20,083,400 )

0

( 20,083,400 )

( 20,083,400 )

0

1

4,487,232

1,540,530

6,027,762

( 14,055,638 )

4,767,924

2

5,460,514

1,540,530

7,001,044

( 7,054,594 )

4,380,356

3

6,545,608

1,540,530

8,086,138

1,031,544

4,001,851

4

7,754,293

1,540,530

9,294,823

10,326,367

3,638,599

5

9,099,565

1,540,530

10,640,095

20,966,462

3,294,670

I?

20,083,400

P.P[ 2 ]=

( Last Year With -ve Cash Flow )

+

( Absolute Value of Net Cash Flow in that Year )

( Entire Cash Flow in the Following Year )

P.P =

2

+

7,054,594

8,086,138

P.P =

A

A

2.87

Old ages

A

IRR =

A

A

26.42 %

A

A

Fiscal Calculation Notes

Annual Revenue Budget

Year

Annual Fee

Annual Rental of Stalls & A ; Signboards

Entire

Gate & A ; Parking

Park

0

0

0

0

0

1

4,080,000

18,000,000

492,000

22,572,000

2

4,412,520

19,845,000

525,600

24,783,120

3

4,772,140

21,879,113

561,600

27,212,853

4

5,161,070

24,121,722

600,178

29,882,969

5

5,581,697

26,594,198

641,524

32,817,419

-See notes in following Pages

Year wise Calculation of Gate & A ; Parking

Average No. of visitants expected per twenty-four hours

500

No of working yearss in one twelvemonth.

360

% age one-year addition in no. of visitants.

3 %

Annual addition in visitant entryway fee in % age.

5 %

Visitors entrance fee in Rs.

20

Vehicle Parking fee in Rs.

20

Annual addition in vehicle parking fee in % age.

5 %

% age of visitant sing park by their ain auto

* It is assumed that one vehicle contains 3 people.

40 %

Daily

Annually

Year

C.U[ 3 ]

E.F[ 4 ]

Vehicle parking fee

No of Visitor

No of Visitor with Own Car

No of Vehicles

Income from Entrance Fee

Income From Parking

Income from Entrance Fee

Income From Parking

Entire

0

0

0

0

0

0

0

0

0

0

0

0

1

100 %

20

20

500

200

67

10,000

1,333

3,600,000

480,000

4,080,000

2

100 %

21

21

515

206

69

10,815

1,442

3,893,400

519,120

4,412,520

3

100 %

22

22

530

212

71

11,696

1,560

4,210,712

561,428

4,772,140

4

100 %

23

23

546

219

73

12,650

1,687

4,553,885

607,185

5,161,070

5

100 %

24

24

563

225

75

13,681

1,824

4,925,027

656,670

5,581,697

Year wise Calculation of Entertainment Point Money

Average No. of visitants expected per twenty-four hours

500

% age one-year addition in no. of visitants.

5 %

Average fee for drives in Rs.

100

Annual addition in visitants ‘ entryway fee in % age.

5 %

Daily

Annually

Year

Capacity Utilization

No of Working Days

Volume of Visitors

Entrance Fee

Entire

Entire

0

0 %

0

0

0

0

0

1

100 %

360

500

100

50,000

18,000,000

2

100 %

360

525

105

55,125

19,845,000

3

100 %

360

551

110

60,775

21,879,113

4

100 %

360

579

116

67,005

24,121,722

5

100 %

360

608

122

73,873

26,594,198

Year wise Calculation of Food, Souvenir Stalls & A ; Sign Boards Money

Entire covered country of nutrient service/souvenir stables

500

Monthly norm leases per sft. in Rs.

50

Annual addition of monthly leases in % age.

8 %

Entire country of mark board in sft.

400

Monthly leases of Sign Boards in sft. in Rs.

40

Annual addition of monthly leases in % age.

5 %

Food/Souvenir stables

Sign Boardss

Year

Area in sft.

Monthly Leases per sft.

Monthly Income

Annual Income

Area in sft.

Monthly Leases per sft.

Monthly Income

Annual Income

Entire

0

0

0

0

0

0

0

0

0

0

1

500

50

25,000

300,000

400

40

16,000

192,000

492,000

2

500

54

27,000

324,000

400

42

16,800

201,600

525,600

3

500

58

29,160

349,920

400

44

17,640

211,680

561,600

4

500

63

31,493

377,914

400

46

18,522

222,264

600,178

5

500

68

34,012

408,147

400

49

19,448

233,377

641,524

Notes for Tools, Equipment, Computer & A ; Telephone

Tools, Equipments, Computers & A ; Telephone

Description

Unit of measurement Cost in

Unit of measurement

Qty

Rs.

Entire Cost

Tools

1

50,000

50,000

Equipments

1

100,000

100,000

Sum of Tools & A ; Equipments

150,000

Computers

Computers

Each

3

12,000

36,000

UPS

Each

3

25,000

75,000

Laser Printers

Each

1

9,000

9,000

Misc.

1

5,000

5,000

Sum of Computers

125,000

Telephone

Telephone Exchange

Each

1

60,000

60,000

Telephone Sets

Each

10

700

7,000

Misc. Accessories & A ; Wiring

1

5,000

5,000

Sum of Telephone

72,000

Entire

347,000

Notes for Vehicles, Furniture & A ; Security System

Vehicles, Furniture & A ; Security System

Description

Unit of measurement

Qty

Rs.

Entire Cost

Vehicles

Carrier Van

Each

1

800,000

800,000

Sum of Vehicles

800,000

Furniture

Executive Table with Side Racks & A ; Chairs

Each

1

20,000

20,000

Working Table with Side Racks & A ; Chairs

Each

4

10,000

40,000

Visitor Chairs for Executive

Each

8

1,500

12,000

Visitor Chairs

Each

8

800

6,400

Computer Table

Each

1

3,000

3,000

Computer Chairs

Each

1

3,000

3,000

File Cabinets

Each

1

5,000

5,000

Steel Safe

Each

1

15,000

15,000

Air Conditioners

Each

2

45,000

90,000

Refrigerators

Each

1

25,000

25,000

Sum of Furniture

219,400

Security System

Public Address and Paging System

A

1

100,000

100,000

Sum of Security System

100,000

Entire

1,119,400

Notes for Direct Cost & A ; Expenses

DIRECT COST & A ; EXPENSES

Year

Power, Fuel & A ; Water

Shops, Spare parts, Repair & A ; Maint.

General Exp

Entire

0

0

0

0

0

1

8,000,000

332,750

1,572,000

9,904,750

2

8,240,000

342,733

1,619,160

10,201,893

3

8,487,200

353,014

1,667,735

10,507,949

4

8,741,816

363,605

1,717,767

10,823,188

5

9,004,070

374,513

1,769,300

11,147,883

Notes for Salaries Expenses

Wages Expenses

Year

Salaries & A ; Benefits

Entire

0

0

0

1

3,648,000

3,648,000

2

3,939,840

3,939,840

3

4,255,027

4,255,027

4

4,595,429

4,595,429

5

4,963,064

4,963,064

Notes for Annual Stores, Spares, Repair & A ; Maintenance

Shops, Spare parts, Repair & A ; Maintenance

Tools & A ; Consumable

Description

Qty.

Unit of measurement Cost

Entire

Entertainment Point

Tools

Liter

100,000

100,000

Equipments

Liter

100,000

100,000

Entire

200,000

Annual Maintenance Cost of Building & A ; Civil Works

A

A

A

A

A

A

Annually

Entire Maint.

Description

Capital Cost

Maint. Cost % age

Cost

Entertainment Point

7,928,000

0.75 %

59,460

Entire

7,928,000

A

59,460

Annual Maintenance Cost of Plant & A ; Machinery

A

A

A

A

A

A

Annually

Entire Maint.

Description

Capital Cost

Maint. Cost % age

Cost

Joyland Park

6,180,000

0.75 %

46,350

Entire

6,180,000

A

46,350

Annual Maintenance Cost of Tools, Equipments, Computers & A ; Telephone

Annually

Entire Maint.

Description

Capital Cost

Maint. Cost % age

Cost

Entertainment Point

347,000

2.00 %

6,940

Entire

347,000

6,940

Annual Maintenance Cost of Electric Installations

Annually

Entire Maint.

Description

Capital Cost

Maint. Cost % age

Cost

Entertainment Point

4,000,000

0.50 %

20,000

Entire

4,000,000

20,000

Entire

332,750

Notes for General Expenses

General Expenses

Monthly

Annual

Description

Charges

Charges

Postage & A ; Courier

2,000

24,000

Printing & A ; Stationary

5,000

60,000

Fee & A ; Subscription

8,000

96,000

Legal & A ; Professional Charges

10,000

120,000

Entertainment

10,000

120,000

Staff Welfare

5,000

60,000

Traveling & A ; conveyance

5,000

60,000

Vehicle & A ; Equipment Running Expenses *

543,600

News documents & A ; periodical

200

2,400

Publicity & A ; advertizement

40,000

480,000

Safety Gears

500

6,000

1,572,000

* Vehicle & A ; Equipment Running Expenses

Rate per Litter of Patrol in Rs.

75

Rate per Litter of Diesel in Rs.

76

Description

No.

Litters per Month

Sum

Carrier Van

1

300

270,000

Generators 200 KVA

1

300

273,600

Entire Vehicle Cost of Component

543,600

Notes for Agenda of Depreciation

Agenda of Depreciation

Description

Cost

Rate in % age

Sum

Building & A ; civil plants

7,928,000

A

A

Eventualities

122,884

A

A

Sub Total

8,050,884

4 %

322,035

Plant & A ; Machinery

6,180,000

A

A

Eventualities

98,880

A

A

Sub Total

6,278,880

10 %

627,888

Tool, Equipment, Computers & A ; Telephone

347,000

A

A

Eventualities

5,379

A

A

Sub Total

352,379

20 %

70,476

Electric Installation

4,000,000

A

A

Eventualities

64,000

A

A

Sub Total

4,064,000

10 %

406,400

Vehicles, Furniture & A ; Security System

1,119,400

A

A

Eventualities

17,910

A

A

Sub Total

1,137,310

10 %

113,731

Entire

19,883,453

A

1,540,530

Premises

Undertaking Premises

Time period of Construction in Years

1

Entire Covered Area of Food Service/Souvenir Stalls in Sq. foot

500

Operating Premises

No of Working Days in One Year

360

Population of The Target Area in Millions

3

Expected % Age of Population Visiting Per Annum of Total

6 %

Gross Premises: Joy Rides

Average Duration of Rides in Minutes

3

Loading-Off Loading Time For Each Ride in Minutes

7

Entire No. of Rides Per Hours

6

Virtual Capacity of The Entertainment Point/Day

3,528

Max. No. of Visitors Per Day At 30 % of Virtual Capacity

1,058

Average No. of Visitors Expected Per Day

500

Average No. of Visitors Expected Per Annum

180,000

Estimated Percentage of Visitors Visiting Weekly

30 %

Estimated Percentage of Visitors Visiting Annually

10 %

Estimated Percentage of Visitors Visiting Monthly

60 %

Gross Premises: Others

Monthly Average Rentals Per Sq. foot. In Rs.

50

Entire Area of Signboard in Sq foot.

400

Monthly Leases of Signboards in Sq ft. in Rs.

40

Visitors Entrance Fee in Rs.

20

Average Fee For Rides in Rs.

100

Vehicle Parking Fees in Rs.

20

Growth Ratess

Annual Increase in Visitors ‘ Entrance Fee

5 %

Annual Increase in Vehicle Parking Fee.

5 %

% Age Annual Increase in No. of Visitors.

3 %

Fiscal Premises

Annual Increment To The Employees in % Age

8 %

Expected Increase in Electricity, Water & A ; Gas

3 %

Annual Increase in Consumable And Maintenance

3 %

Annual Increase in General Expenses Cost Items

3 %

Accrued Expense Every Year

10 %

Debtor Increase by % of Gross

9 %

Annual Repair & A ; care Cost of Plant & A ; Machinery

0.75 %

Annual Increase in Repair & A ; care Cost of Plant & A ; Machinery

3 %

Depreciation Rate

Tools, Equipments, Computers & A ; Telephones

20 %

Electric Installations

10 %

Vehicles, Furniture & A ; Security System

10 %

Cite this Financial Analysis And Calculate Projected Income Statement Accounting

Financial Analysis And Calculate Projected Income Statement Accounting. (2017, Jul 05). Retrieved from https://graduateway.com/financial-analysis-and-calculate-projected-income-statement-accounting-essay/

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