Financial Plan

A financial plan is important for the overall success of Blush fashion entreprise because it helps to
a_Determine the size of investment that is the project implementation cost
b) Identify and propose the relevant sources of finance.
c) Ensure that initial capital is sufficient
d) Appraise the viability of the project before actual investment is committed.
e) Guide the implementation of plans

PROJECT IMPLEMENTATION COST & SOURCES OF FINANCE Column1

Project implementation cost

Requirements

Fixed assets
High speed machine
Embroidery machine
Furniture
Air conditioner
Renovation
Sign board
Sewing items
Iron

Working capital(per month)

other expenses
Registeration
Deposit

total
Column2 Column3 Column4 Column5 Column6 Column7 Column8 Column9
Suggested sources of financing

Cost Loan Hire purchase Own contribution

Cash (RM)
20000 4565
5600
3500
3000
3000
3000
1000
400
250
19750

3415

500
900

20000 4565
24565 24565
 Column10 Column11 Column12 Column13 Column14

wn contribution
Existing assets
Column1 Column2 Column3 Column4 Column5
Month 1 2 3 4
Cash in Flows
owner's capital (cash) 4815
Mara loan 20000
cash sales 5500 5500 5500
Total cash inflows 24815 5500 5500 5500
cash payments
Administrative expenses
Permanent asset 19750
Manager's alloeance 1000 1000 1000 1000
Building rent 200 200 200 200
Worker's salaries 1200 1200 1200 1200
EPF 144 144 144 144
SOSCO 21 21 21 21
Water bill 30 30 30 30
Electricity bill 70 70 70 70
Phone bill 100 100 100 100
office maintanence 100 100 100 100
office expenses 100 100 100 100
marketing expenses
promotion 200 200 200 200
transport 100 100 100 100
operational expenses
sewing material 150 150 150 150
registeration 500
seposit 900
loan repayments
principal 333
interest 117
total cash outflows 24565 3415 3415 3865
excess / defesit 250 2085 2085 1635
opening balance 250 2335 4420
final balance 250 2335 4420 6055
Column6 Column7 Column8 Column9 Column10 Column11 Column12
5 6 7 8 9 10 11

5500 5500 5500 5500 5500 5500 6000

5500 5500 5500 5500 5500 5500 5500

1000 1000 1000 1000 1000 1000 1000

200 200 200 200 200 200 200
1200 1200 1200 1200 1200 1200 1200
144 144 144 144 144 144 144
21 21 21 21 21 21 21
30 30 30 30 30 30 30
70 70 70 70 70 70 70
100 100 100 100 100 100 100
100 100 100 100 100 100 100
100 100 100 100 100 100 100

200 200 200 200 200 200 200

100 100 100 100 100 100 100

150 150 150 150 150 150 150

333 333 333 333 333 333 333

117 117 117 117 117 117 117
3865 3865 3865 3865 3865 3865 3935
1635 1635 1635 1635 1635 1635 2665
6055 7690 9325 10960 12595 14230 15865
7690 9325 10960 12595 14230 15865 18530
Column13 Column14
12 total

20000
5500 61600
5500 86415

19750
1000 12000
200 2400
1200 14400
144 1728
21 252
30 360
70 840
100 1200
100 1200
100 1200

200 2400
100 1200

150 1830
500
900

333 2997
117 1053
3865 66250
1635 20165
18530
20165 20165
Column1 Column2 Column3 Column4 Column5 Column6
Month 1 2 3 4 5
Cash in Flows
owner's capital (cash)
Mara loan
cash sales 6325 6325 6325 6325 6325
Total cash inflows 6325 6325 6325 6325 6325
cash payments
Administrative expenses
Permanent asset
Manager's allowance 1200 1200 1200 1200 1200
Building rent 220 220 220 220 220
Worker's salaries 1320 1320 1320 1320 1320
EPF 159 159 159 159 159
SOSCO 23 23 23 23 23
Water bill 33 33 33 33 33
Electricity bill 77 77 77 77 77
Phone bill 110 110 110 110 110
office maintanence 110 110 110 110 110
office expenses 110 110 110 110 110
marketing expenses
promotion 110 110 110 110 110
transport 220 220 220 220 220
operational expenses
sewing material 165 165 165 165 165
registeration
seposit
loan repayments
principal 333 333 333 333 333
interest 117 117 117 117 117
total cash outflows 4307 4307 4307 4307 4307
excess / defesit 2089 2089 2089 2089 2089
opening balance 20165 22184 24202 26221 28239
final balance 22184 24202 26221 28239 30258
Column7 Column8 Column9 Column10 Column11 Column12 Column13
6 7 8 9 10 11 12

6325 6325 6325 6325 6325 7590 6325

6325 6325 6325 6325 6325 7590 6325

1200 1200 1200 1200 1200 1200 1200

220 220 220 220 220 220 220
1320 1320 1320 1320 1320 1320 1320
159 159 159 159 159 159 159
23 23 23 23 23 23 23
33 33 33 33 33 33 33
77 77 77 77 77 77 77
110 110 110 110 110 110 110
110 110 110 110 110 110 110
110 110 110 110 110 110 110

110 110 110 110 110 110 110

220 220 220 220 220 220 220

165 165 165 165 165 165 165

333 333 333 333 333 333 333

117 117 117 117 117 117 117
4307 4307 4307 4307 4307 4307 4307
2089 2089 2089 2089 2089 2089 2089
30258 32276 34295 36313 38332 40350 43601
32276 34295 36313 38332 40350 43601 45619
Column14
total

77165
77165

14400
2640
15840
1900
277
396
924
1320
1320
1320

1320
2640

2013

3996
1404
51711
25454
20165
45619
Column1 Column2 Column3 Column4 Column5 Column6
Month 1 2 3 4 5
Cash in Flows
owner's capital (cash)
Mara loan
cash sales 7274 7274 7274 7274 7274
Total cash inflows 7274 7274 7274 7274 7274
cash payments
Administrative expenses
Permanent asset
Manager's allowance 1400 1400 1400 1400 1400
Building rent 220 220 220 220 220
Worker's salaries 1440 1440 1440 1440 1440
EPF 174 174 174 174 174
SOSCO 26 26 26 26 26
Water bill 37 37 37 37 37
Electricity bill 85 85 85 85 85
Phone bill 121 121 121 121 121
office maintanence 121 121 121 121 121
office expenses 121 121 121 121 121
marketing expenses
promotion 242 242 242 242 242
transport 121 121 121 121 121
operational expenses
sewing material 182 182 182 182 182
registeration
seposit
loan repayments
principal 333 333 333 333 333
interest 117 117 117 117 117
total cash outflows 4046 4046 4046 4046 4046
excess / defesit 3228 3228 3228 3228 3228
opening balance 45619 48847 52074 55302 58530
final balance 48847 52074 55302 58530 61757
Column7 Column8 Column9 Column10 Column11 Column12 Column13
6 7 8 9 10 11 12

7274 7274 7274 7274 7274 8728 7274

7274 7274 7274 7274 7274 8728 7274

1400 1400 1400 1400 1400 1400 1400

220 220 220 220 220 220 220
1440 1440 1440 1440 1440 1440 1440
174 174 174 174 174 174 174
26 26 26 26 26 26 26
37 37 37 37 37 37 37
85 85 85 85 85 85 85
121 121 121 121 121 121 121
121 121 121 121 121 121 121
121 121 121 121 121 121 121

242 242 242 242 242 242 242

121 121 121 121 121 121 121

182 182 182 182 182 182 182

333 333 333 333 333 333 333

117 117 117 117 117 117 117
4046 4046 4046 4046 4046 4082 4046
3228 3228 3228 3228 3228 4646 3228
61757 64985 68212 71440 74667 77895 82541
64985 68212 71440 74667 77895 82541 159961
Column14
total

88740
88740

16800
2640
17280
2094
312
444
1020
1452
1452
1452

2904
1452

2214

3996
1404
48590
40154
45619
85767
Column1 Column2 Column3 Column4
Pro forma cash flow statement for three consecutive years

Year Year1 Year2 Yeae3

cash inflows
owner's capital (cash) 4815
cash sales 61600 77165 88739.75
credit collection
mara loan payment 20000
total cash inflows 86415 77165 88739.75
cash payments
administrative expenses
permanent assest 19750
manager's allowance 12000 14400 16800
building rent 2400 2640 2904
workers salaries 14400 15840 18712
EPF 1728 1900 2090.88
SOSCO 252 277.2 305.04
water bill 360 396 435.6
electricity vill 840
phone bill 1200
office maintenance 1200
office expenses 1200
marketing expenses
promotion 2400
transport 1200
operational expenses
sewing machine 1830
registeration 500
deposit 900
loan repayments
principal 2997 2997 2997
interest 1053 1053 1053
total cash putflows 66210 66210 66210
escess/ deficit 20205 20205 20205
opening balance
final balance 20205 20205 20205
Column1 Column2
Flush fashion entreprise
PRO FORMA STATEMENT OF PROFIT OR LOSS FOR THE FIRST YEAR
31 DICEMBER 2021

Sales
Less: Cost of sales (good sold)
opening stock 1830
purchases

Goods available for sales 1830

Less: closing stock 1830

Gross profit
Less: eperating expenses
administrative expenditure
managers allowance
workers salaries
EPF
SOSCO
building rent
water bill
electricity bill
telephone bill
office maintanence
office expenses
Marketing expnditure
transport
promotion

operational expenditure

financial expenditure
Diminishment (15%)
Pyment interest (75)

other expenditure
registeration

total operating expenses

total net profit/ loss before tax
Column3

61600

59770

12000
14400
1728
252
2400
360
840
1200
1200
1200

1200
2400

2962
1053

500

43695
16074
Column1 Column2 Column3
FLUSH FASHION ENTREPRISE
PRO FORMA STATEMENT OF PROFIT PR LOSS FOR THE SECOND YEAR
31-Dec-22

Sales 77165
Less: Cost of sales (good sold)
opening stock 2013
purchases

Goods available for sales 2013

Less: closing stock 2013

Gross profit 75152

Less: eperating expenses
administrative expenditure
managers allowance 14400
workers salaries 15840
EPF 1900
SOSCO 277
building rent 2640
water bill 396
electricity bill 924
telephone bill 1320
office maintanence 1320
office expenses 1320
Marketing expnditure
transport 1320
promotion 2640

operational expenditure

financial expenditure
Diminishment (15%) 2962.5
Pyment interest (75) 1404

other expenditure
registeration

total operating expenses 48664.5

total net profit/ loss before tax 26487.5
FLUSH FASHION ENTREPRISE
Column1 Column2 Column3
PRO FORMA STATEMENT OF PROFIT OR LOSS FOR THE THIRD YEAR
31-Dec-23

Sales 88739.75
Less: Cost of sales (good sold)
opening stock 2214
purchases

Goods available for sales 2214

Less: closing stock 2214

Gross profit 86525.75

Less: eperating expenses
administrative expenditure
managers allowance 16800
workers salaries 17280
EPF 2094
SOSCO 312
building rent 2904
water bill 444
electricity bill 1020
telephone bill 1452
office maintanence 1452
office expenses 1452
Marketing expnditure
transport 1452
promotion 2904

operational expenditure

financial expenditure
Diminishment (15%) 2962.5
Pyment interest (75) 1404

other expenditure
registeration

total operating expenses 45324.42

total net profit/ loss before tax 41183.33
Column1 Column2 Column3 Column4 Column5
FLUSH FASION ENTREPRISE
PRO FORMA STATEMENT OF PROFIT OR LOSS FOR THREE CONSECUTIVE YEARS
YEAR 1 2 3

Sales 61600 77165 88739.75

Less: Cost of sales (good sold)
opening stock 1830 2013 2214
purchases

Goods available for sales 1830 2013 2214

Less: closing stock 1830 2013 2214

Gross profit 59770 75152 86525.75

Less: eperating expenses
administrative expenditure
managers allowance 12000 14400 16800
workers salaries 14400 15840 17280
EPF 1728 1900 2094
SOSCO 252 277 312
building rent 2400 2640 2904
water bill 360 396 444
electricity bill 840 924 1020
telephone bill 1200 1320 1452
office maintanence 1200 1320 1452
office expenses 1200 1320 1452
Marketing expnditure
transport 1200 1320 1452
promotion 2440 2640 2904

operational expenditure

financial expenditure
Diminishment (15%) 2962.5 2962.5 2962.5
Pyment interest (75) 1053 1404 1404

other expenditure
registeration 500

total operating expenses 43695 48664.5 45323.42

total net profit/ loss before tax 16074.5 26487.5 41183.33
TAX
NET PROFIT AFTER TAX
TOTAL BROYGHT FORWARD PROFIT 16074.5 42562
ACCUMULATED NET PROFIT/ LOSS 16074.5 42562 83745.33
Column1 Column2 Column3
FLUSH FASION ENTREPRISE
PRO FORMA STATEMENT OF FINANCIAL POSITION FOR THR FIRST YEAR

YEAR 2021
ASSESTS
Fixed assests ( non- current assests) 16787
Furniture & fixtures
operational machinery
renovation
signboard

Current assests
cash in hand and babk 20165

Other assests
deposit 900

Total Assests 37852

Owners equity
capital 4815
Accumulated profit 16034

Lon term liabilities

term loan 17003
current liabilities
Accounts payable
revenue
TOTAL EQUITY & LIABILITIES 37852
Column1 Column2 Column3
FLUSH FASHION ENTREPRISE
PRO FORMA STATEMENT OF FINANCIAL POSITION FOR THE SECOND YEAR

YEAR 2022
ASSESTS
Fixed assests ( non- current assests) 13824
Furniture & fixtures
operational machinery
renovation
signboard

Current assests
cash in hand and babk 45619

Other assests
deposit 900

Total Assests 60343

Owners equity
capital 4815
Accumulated profit 42521

Lon term liabilities

term loan 13007
current liabilities
Accounts payable
revenue
TOTAL EQUITY & LIABILITIES 60343
Column1 Column2 Column3
FLUSH FASHION ENTREPRISE
PRO FORMA STATEMENT OF FINANCIAL POSITION FOT THE THIRD YEAR

YEAR 2023
ASSESTS
Fixed assests ( non- current assests) 10862
Furniture & fixtures
operational machinery
renovation
signboard

Current assests
cash in hand and babk 85768

Other assests
deposit 900

Total Assests 97530

Owners equity
capital 4815
Accumulated profit 83704

Lon term liabilities

term loan 88519
current liabilities
Accounts payable
revenue
TOTAL EQUITY & LIABILITIES 97530
Column1 Column2 Column3 Column4 Column5
FLUSH FASHION ENTREPRISE
PRO FORMA STATEMENT OF FINANCIAL POSITION FOR THREE CONSECUTIVE YEARS
YEAR 2021 2022 2023
ASSESTS
Fixed assests ( non- current assests) 16787 13824 10862
Furniture & fixtures
operational machinery
renovation
signboard

Current assests
cash in hand and babk 20165 45619 85768

Other assests
deposit 900 900 900

Total Assests 37852 60343 97530

Owners equity
capital 4815 4815 4815
Accumulated profit 16034 42521 83704

Lon term liabilities

term loan 17003 13007 88519
current liabilities
Accounts payable
revenue
TOTAL EQUITY & LIABILITIES 37852 60343 97530