STATEMENT OF FINANCIAL PERFORMANCE

Meet Your Garden Restaurant

For the year 2019-2024

INCOME Year 1 Year 2

Restaurant Php 13,000,000.00 Php 14,200,000.00
Event Space Php 3,500,000.00 Php 4,200,000.00
Catering Service Php 1,500,000.00 Php 1,800,000.00
TOTAL INCOME Php 18,000,000.00 Php 20,200,000.00

GROSS MARGIN Php 18,000,000.00 Php 20,200,000.00

GROSS MARGIN % 100% 100%

COST OF GOOD SOLD Php 2,800,000.00 Php 2,850,000.00

GROSS PROFIT Php 15,200,000.00 Php 17,350,000.00
OPERATING EXPENSES
Salary Php 3,000,000.00 Php 3,145,000.00
Monthly Repair and Maintenance Personnel Php 500,255.00 Php 500,255.00
Permits and Licenses Php 250,000.00 Php 252,000.00
Office supplies Php 90,000.00 Php 81,000.00
Utilities Php 500,000.00 Php 510,000.00
Security and Alarm expense Php 180,000.00 Php 180,000.00
Advertising Php 220,000.00 Php 200,000.00
Professional Fees Php 240,000.00 Php 255,000.00
Waste Removal Php 170,006.00 Php 170,006.00
Rent Expense Php 500,000.00 Php 500,000.00
Delivery Expense  Php 20,000.00 Php 20,000.00
Telecommunications Expense Php 200,000.00 Php 230,000.00
Depreciation Expense 0 Php 355,899.00
Miscellaneous expense Php 74,000.00 Php 74,000.00
TOTAL OPERATING EXPENSE Php 5,944,261.00 Php 6,473,160.00
TOTAL OPERATING INCOME Php 9,255,739.00 Php 10,876,840.00
Less Income Tax Php 2,964,829.00 Php 3,189,999.00
Net profit Php 6,290,910.00 Php 7,686,841.00
AL PERFORMANCE
Restaurant
19-2024

Year 3 Year 4 Year 5

Php 15,700,000.00 Php 17,200,000.00 Php 18,400,000.00
Php 5,040,000.00 Php 6,048,000.00 Php 7,257,600.00
Php 2,360,000.00 Php 2,992,000.00 Php 3,310,400.00
Php 23,100,000.00 Php 26,240,000.00 Php 28,968,000.00

Php 23,100,000.00 Php 26,240,000.00 Php 28,968,000.00

100% 100% 100%

Php 2,927,889.00 Php 2,955,667.00 Php 2,989,999.00

Php 20,172,111.00 Php 23,284,333.00 Php 25,978,001.00

Php 3,250,000.00 Php 3,300,000.00 Php 3,340,000.00

Php 500,255.00 Php 500,255.00 Php 500,255.00
Php 254,000.00 Php 256,000.00 Php 258,000.00
Php 76,000.00 Php 55,000.00 Php 55,000.00
Php 525,000.00 Php 550,000.00 Php 560,000.00
Php 160,000.00 Php 120,000.00 Php 100,000.00
Php 160,000.00 Php 160,000.00 Php 145,000.00
Php 268,000.00 Php 280,000.00 Php 296,000.00
Php 170,006.00 Php 170,006.00 Php 170,006.00
Php 500,000.00 Php 500,000.00 Php 500,000.00
Php 25,000.00 Php 28,000.00 Php 30,000.00
Php 235,000.00 Php 235,000.00 Php 255,000.00
Php 355,899.00 Php 355,899.00 Php 355,899.00
Php 78,000.00 Php 82,000.00 Php 82,000.00
Php 6,557,160.00 Php 6,592,160.00 Php 6,647,160.00
Php 13,614,951.00 Php 16,692,173.00 Php 19,330,841.00
Php 3,330,000.00 Php 3,450,000.00 Php 3,850,000.00
Php 10,284,951.00 Php 13,242,173.00 Php 15,480,841.00
 STATEMENT OF CHANGES IN EQUITY
Meet Your Garden
For the year 2019-2024
Year 1 Year 2 Year 3
Beginning Capital 0 Php 5,730,910.00 Php 12,857,751.00
Add:
Net Income Php 6,290,910.00 Php 7,686,841.00 Php 10,284,951.00
Less:
Ms. Ahito Withdrawals Php 560,000.00 Php 560,000.00 Php 560,000.00
Ending Capital Php 5,730,910.00 Php 12,857,751.00 Php 22,582,702.00
EQUITY

Year 4 Year 5
Php 22,582,702.00 Php 35,264,875.00

Php 13,242,173.00 Php 15,480,841.00

Php 560,000.00 Php 560,000.00

Php 35,264,875.00 Php 50,185,716.00
 STATEMENT OF FINANCIAL POSITION
Meet your Garden Restaurant
For the year 2019-2024
2020 2021
ASSET
CURRENT ASSET
Cash ₱6,789,607.00 ₱15,345,567.00
Inventory ₱300,000.00 ₱300,000.00
Accounts Receivable ₱60,000.00 ₱99,999.00
Total Current Asset ₱7,149,607.00 ₱15,745,566.00

NON-CURRENT ASSET
Furniture and Fixtures ₱170,000.00 ₱168,899.00
Machinery and Equipments ₱1,500,000.00 ₱1,245,899.00
Plants ₱80,000.00 ₱76,999.00
Total Non-current Asset ₱1,750,000.00 ₱1,491,797.00

INTANGIBLE ASSET
Franchise ₱80,000.00 ₱64,600.00
Total Intangible Asset ₱80,000.00 ₱64,600.00
TOTAL ASSET ₱8,979,607.00 ₱17,301,963.00

LIABILITIES AND OWNER'S EQUITY

CURRENT LIABILITIES
Accounts Payable ₱860,000.00 ₱999,999.00
Toral Current Liabilities ₱860,000.00 ₱999,999.00

NON-CURRENT LIABILITIES
Other Liabilities ₱1,800,000.00 ₱1,568,900.00
Total Non-current Liabilities ₱1,800,000.00 ₱1,568,900.00
TOTAL LIABILITIES ₱2,660,000.00 ₱2,568,899.00

OWNER'S EQUITY
Ms. Ahito Equity ₱6,319,607.00 ₱14,733,064.00
Total Equity ₱6,319,607.00 ₱14,733,064.00
TOTAL LIABILITIES AND EQUITY ₱8,979,607.00 ₱17,301,963.00
EMENT OF FINANCIAL POSITION
Meet your Garden Restaurant
For the year 2019-2024
2022 2023 2024

₱24,254,700.00 ₱38,999,000.00 ₱56,344,657.00

₱300,000.00 ₱300,000.00 ₱300,000.00
₱150,677.00 ₱240,655.00 ₱380,899.00
₱24,705,377.00 ₱39,539,655.00 ₱57,025,556.00

₱154,211.00 ₱110,544.00 ₱100,529.00

₱1,249,902.00 ₱986,978.00 ₱867,068.00
₱64,662.00 ₱56,000.00 ₱48,356.00
₱1,468,775.00 ₱1,153,522.00 ₱1,015,953.00

₱42,233.00 ₱30,000.00 ₱18,089.00

₱42,233.00 ₱30,000.00 ₱18,089.00
₱26,216,385.00 ₱40,723,177.00 ₱58,059,598.00

₱1,500,000.00 ₱3,800,000.00 ₱1,799,999.00

₱1,500,000.00 ₱3,800,000.00 ₱1,799,999.00

₱3,200,000.00 ₱4,000,000.00 ₱7,850,400.00

₱3,200,000.00 ₱4,000,000.00 ₱7,850,400.00
₱4,700,000.00 ₱7,800,000.00 ₱9,650,399.00

₱21,516,385.00 ₱32,923,177.00 ₱48,409,199.00

₱21,516,385.00 ₱32,923,177.00 ₱48,409,199.00
₱26,216,385.00 ₱40,723,177.00 ₱58,059,598.00
 STATEMENT OF C
Meet Your Garden
For the Year 20
2020
Cash Flow from Operating Activities
Cash receipts from sales of goods and rendering of services Php 18,000,000.00
Cash from receivables Php 60,000.00
Cash Payment to Employees Php 3,500,255.00
Cash payment to suppliers of goods and services Php 2,010,099.00
Cash payment to income taxes Php 2,964,829.00
NET CASH FLOW FROM OPERATING ACTIVITES Php 9,584,817.00

Cash Flow from Investing Activities

Cash payment to acquire property, plant and equipment Php 1,830,000.00
Cash payment to acquire intangible asset Php 80,000.00
NET CASH FLOW FROM OPERATING ACTIVITES Php 1,910,000.00

Cash Flow from Financing Activities

Cash Investment from owner Php 500,000.00
Repayment of bank loans Php 400,000.00
NET CASH FLOW FROM OPERATING ACTIVITES Php 100,000.00

NET INCREASE IN CASH Php 7,774,817.00

CASH AT THE BEGINNING OF THE PERIOD 0
CASH AT THE END OF THE PERIOD Php 7,774,817.00
 STATEMENT OF CASH FLOW
Meet Your Garden Restaurant
For the Year 2019-2024
2021 2022 2023

Php 20,200,000.00 Php 23,100,000.00 Php 26,240,000.00

Php 99,999.00 Php 150,677.00 Php 240,655.00
Php 3,645,255.00 Php 3,750,255.00 Php 3,800,255.00
Php 1,899,956.00 Php 1,635,667.00 Php 1,440,000.00
Php 3,189,999.00 Php 3,330,000.00 Php 3,450,000.00
Php 11,564,789.00 Php 14,534,755.00 Php 17,790,400.00

Php 1,556,397.00 Php 1,511,008.00 Php 1,183,522.00

Php 60,600.00 Php 40,233.00 Php 20,000.00
Php 1,616,997.00 Php 1,551,241.00 Php 1,203,522.00

Php 870,000.00 Php 960,000.00 Php 1,000,000.00

Php 735,000.00 Php 790,000.00 Php 810,079.00
Php 135,000.00 Php 170,000.00 Php 189,921.00

Php 10,082,792.00 Php 13,153,514.00 Php 16,776,799.00

Php 7,774,817.00 Php 17,857,609.00 Php 31,011,123.00
Php 17,857,609.00 Php 31,011,123.00 Php 47,787,922.00
 2024

Php 28,968,000.00
Php 380,899.00
Php 3,840,255.00
Php 1,103,444.00
Php 3,850,000.00
Php 20,555,200.00

Php 1,183,522.00
Php 18,089.00
Php 1,201,611.00

Php 1,200,000.00
Php 890,990.00
Php 309,010.00

Php 19,662,599.00
Php 47,787,922.00
Php 67,450,521.00 your cash at the end of the period should be the same amount of cash found in your
please repeat your cash flow
e amount of cash found in your balance sheet.