You are on page 1of 15

IV.

Cost Of Goods Sold (COGS)


The following table is the cost of goods sold for 5 years.
year 1
direct material
beg inventory
raw material
available for use
end of inventory
total material
direct labor
indirect labor
depreciation
maintanance & repairs
total COGM
total COGS

year 2

year 3

year 4

year 5

861,500,160
861,500,160 861,500,160 861,500,160 861,500,160
1,723,000,320 1,981,450,368 2278667923 2620468112 3013538328
2,584,500,480 2,842,950,528 2278667923 2620468112 3013538328
861,500,160
861,500,160 861,500,160 861,500,160 861,500,160
1,723,000,320 1,981,450,368 2278667923 2620468112 3013538328
24,000,000
12,000,000
58,697,000
12,000,000
106,697,000

27600000
13800000
58,697,000
12,000,000
122701550

31740000
15870000
58,697,000
12,000,000
141106783

36501000
18250500
58,697,000
12,000,000
162272800

41976150
20988075
58,697,000
12,000,000
133661225

1,829,697,320 2,104,151,918 2419774706 2782740912 3147199553

V.

Financial Statement
BOOFEE COMPANY
FINANCIAL STATEMENT FOR 5 YEARS
AS OF Dec 31
other income
increase 15%
year 1

year 2

year 3

year 4

year 5

sales
other income
COGS

Rp 12,952,800,000
150,000,000
1,829,697,320

Rp 16,385,292,000
172,500,000
2,104,151,918

Rp 20,727,394,380
198,375,000
2,419,774,706

Rp 26,220,153,891
228,131,250
2,782,740,912

Rp 33,168,494,672
262,350,938
3,147,199,553

gross profit

11,273,102,680

14,453,640,082

18,505,994,674

23,665,544,229

30,283,646,056

less:
Salaries & 13th Month
insurance exp
Office Supplies exp
depreciation exp
utility exp
amortization
other exp
repair & maintenance

3,926,000,000
526,160,000
23,070,000
90,170,000
642,000,000
10,000,000
23,000,000
12,000,000

4,318,600,000
526,160,000
24223500
90,170,000
642,000,000
10,000,000
23,000,000
12,000,000

5,322,460,000
623,680,000
25434675
90,170,000
706200000
10,000,000
23,000,000
12,000,000

5,854,706,000
623,680,000
29249876.25
90,170,000
776820000
10,000,000
23,000,000
12,000,000

6,440,177,000
623,680,000
33637357.69
90,170,000
854502000
10,000,000
23,000,000
12,000,000

Total

5,252,400,000

5,646,153,500

6,812,944,675

7,419,625,876

8,087,166,358

income before tax


Tax (30%)

6,020,702,680
1,751,210,804

8,807,486,582
2,587,245,975

11,693,049,999
3,452,915,000

16,245,918,353
4,818,775,506

22,196,479,698
6,603,943,909

income after tax

4,269,491,876

6,220,240,607

8,240,134,999

11,427,142,847

15,592,535,789

VI.

Cash Flow
BOOFEE COMPANY
CASH FLOW FOR 5 YEAR
AS OF Dec 31

cash inflow
paid-up capital
depreciation
amortization
other income
Net Income
total cash inflow

pre-operating
6,095,520,160

6,095,520,160

year 1

year 2

year 3

(In Rupiah)
year 4

year 5

90,170,000
10,000,000

90,170,000
10,000,000

90,170,000
10,000,000

90,170,000
10,000,000

90,170,000
10,000,000

4269491876

6220240607

8240134999

11427142847

15592535789

4,369,661,876

6,320,410,607

8,340,304,999

11,527,312,847

15,692,705,789

-106,697,000

-122,701,550

-141,106,783

-162,272,800

-133,661,225

-1,751,210,804

-836,035,171

-865,669,025

-1,365,860,506

-1,785,168,404

cash outflow
land acquisition
machinery and
equipment
office supplies
building
purchase of raw
material
organization cost
Tax
income tax payment

11,535,000
1,400,000,000
861,500,160

total cash outflow

3,656,520,160

-1,857,907,804

-958,736,721

-1006775808

-1528133306

-1918829629

net cash flow


add cash beg
cash balanced end

2,439,000,000

6,227,569,680
2,439,000,000
8,666,569,680

7,279,147,328
8,666,569,680
15,945,717,008

9,347,080,807
15,945,717,008
25,292,797,815

13,055,446,153
25,292,797,815
38,348,243,968

17,611,535,417
38,348,243,968
55,959,779,385

900,000,000
433,485,000

50,000,000

2,439,000,000

VII. Balance Sheet


BOOFEE COMPANY
BALANCE SHEET FOR 5 YEARS
AS OF Dec 31
pre-operating
Asset
Cash

year 1
8,666,569,680

2,439,000,000.00
raw material
inventory
Total Current
asset

year 2

861,500,160.00

fixed asset
Land

9,421,372,840.00

900,000,000.00

16,577,818,618.00

1,400,000,000.00
433,485,000.00

38,348,243,968

55,959,779,385

490,994,828

328,722,028

195,060,803

25,783,792,643

38,676,965,996

56,154,840,188

900,000,000

900,000,000

900,000,000

1,400,000,000

1,400,000,000

1,400,000,000

433,485,000

433,485,000

433,485,000

11,535,000

11,535,000

11,535,000

(270,510,000)

(360,680,000)

(450,850,000)

20,000,000

10,000,000

2,494,510,000

2,394,340,000

2,294,170,000

28,278,302,643

41,071,305,996

58,449,010,188

433,485,000.00
11,535,000

11,535,000.00
acc depreciation

25,292,797,815

1,400,000,000.00
433,485,000

OS

year 5

900,000,000.00
1,400,000,000

M&E

year 4

632,101,610.00

900,000,000

Building

year 3

15,945,717,008.00
754,803,160

3,300,500,160.00

(In Rupiah)

11,535,000.00
(90,170,000)
(180,340,000.00)

organization cost

40,000,000
50,000,000.00

total fixed asset


total asset

2,795,020,000.00
6,095,520,160.00

30,000,000.00
2,694,850,000.00
12,116,222,840

2,594,680,000.00
19,172,498,618

liabilities
taxes payable
total liabilities

capital
paid-up
6,095,520,160.00
retained earnings

total liability &


capital

6,095,520,160.00

Rp
1,751,210,804
Rp
1,751,210,804

Rp
2,587,245,975
Rp
2,587,245,975

Rp
3,452,915,000
Rp
3,452,915,000

Rp
4,818,775,506
Rp
4,818,775,506

Rp
6,603,943,909
Rp
6,603,943,909

Rp
6,095,520,160
Rp
4,269,491,876

Rp
6,095,520,160
Rp
10,489,732,483

Rp
6,095,520,160
Rp
18,729,867,483

Rp
6,095,520,160
Rp
30,157,010,330

Rp
6,095,520,160
Rp
45,749,546,118

Rp
12,116,222,840

Rp
19,172,498,618

Rp
28,278,302,643

Rp
41,071,305,996

Rp
58,449,010,188

VIII. Payback and IRR


year

investment
net income
1 6,095,520,160.00
4,269,491,876.00
2
Rp2,214,163,909.09 6,220,240,607.40
payback periode

IRR

(6,095,520,160.00)
4,269,491,876.00
6,220,240,607.40
8,240,134,999.30
11,427,142,847.00
15,592,535,788.72
98%

discounting
3,881,356,250.91
5,140,694,716.86

balance
recovery period
2,214,163,909.09
1.00
(2,926,530,807.77)
0.43
1.43

IX.

Ratio Analysis
YEAR 1

liquidity ratio
1 current ratio

YEAR 2
current asset

liquidity ratio
1 current ratio

current asset

current liabilities
9,421,372,840.00

current liabilities
16,577,818,618.00

1751210804
5.38

2587245975
6.41

2 working capital

=
=

current asset - current liabilities


7,670,162,036.00

2 working capital

=
=

current asset - current liabilities


13,990,572,643.40

3 inventory
turnover

3 inventory
turnover

profitability ratio
1 profit margin

COGS

average inventory
1,829,697,320

2,323,425,010
0,8 time

net income

=
=

COGS

average inventory
2,104,151,918

2,323,425,010
0.91

net income

net sales
4269491876

net sales
6220240607

12952800000
33%

16385292000
38%

profitability ratio
1 profit margin

2 asset turnover

3 return on assets

YEAR 3
liquidity ratio
1 current ratio

2 working capital

inventory
3 turnover

net sales

2 asset turnover

net sales

average assets
12952800000

average assets
6220240607

33,036,572,088.82
0,38 times

33,036,572,088.82
0.19

net income

net income

avg assets
4269491876

avg assets
6220240607

33,036,572,088.82
13%

33,036,572,088.82
19%

3 return on assets

YEAR 4

current asset
current liabilities
25783792643
3452915000
7.47

=
=

current asset-current liabilities


22330877643

=
=

COGS
average inventory
2419774706
2,323,425,010

liquidity ratio
1 current ratio

2 working capital

inventory
3 turnover

current asset
current liabilities
38676965996
4818775506
8.03

=
=

current asset-current liabilities


33858190490

=
=

COGS
average inventory
2782740912
2,323,425,010

1.04

=
profitability ratio
1 profit margin
=
=
=
2 asset turnover

=
=
=

3 return on assets

=
=
=

YEAR 5
liquidity ratio
1 current ratio

net income
net sales
8240134999
20727394380
40%

profitability ratio
1 profit margin

net income
avg assets
8240134999
33,036,572,088.82
25%

3 return on assets

net income
net sales
11427142847
26220153891
44%

=
2 asset turnover

current asset
current liabilities
56154840188
6603943909
8.5

1.2

net sales
average assets
20727394380
33,036,572,088.82
0.63

=
=
=
=
=
=

net sales
average assets
26220153891
33,036,572,088.82
0.79
net income
avg assets
11427142847
33,036,572,088.82
35%

2 working capital

=
=

current asset-current liabilities


49550896278

3 inventory turnover

COGS
average inventory
3147199553
2,323,425,010
1.35

=
=
profitability ratio
1 profit margin

=
=
=

2 asset turnover

=
=
=

3 return on assets

=
=
=

net income
net sales
15592535789
33168494672
47%
net sales
average assets
33168494672
33,036,572,088.82
1.00
net income
avg assets
15592535789
33,036,572,088.82
47%

X.

Dupont
Dupont
First Year
Retun On Equity
0.411913837

Return in Assets

divided by

0.352378124

Net Income
4,269,491,876

Net Profit
Margin
0.325845764

Multiplied by

Divided by

Sales
13,102,800,000

1-total debt /
total assets
0.855465616

Total Assets
Turnover
1.081426132
Sales
13,102,800,000

Total Cost and


Expenses

Divid
ed by

Total Assets
12,116,222,840

Sales
13,102,800,000

Less

Operating Cost

COGS

Tax

Cash

Raw Material
Inventory

1,829,697,320

1,751,210,804

8,666,569,680

754,803,160

5,252,400,000

Current Asset
9,421,372,840

8,833,308,124

2th year
Retun On Equity
0.375046479

Fixed Asset
2,694,850,000

Return in Assets
0.324435575

Net Income
6,220,240,607

Sales
16,557,792,000

Net Profit
Margin
0.375668483

Multiplied by

Divided by

Sales
16,557,792,000

Less

divided by

1-total debt /
total assets
0.865054314

Total Assets
Turnover
0.863622021
Sales
16,557,792,000

Total Cost and


Expenses

Divid
ed by

Total Assets
19,172,498,618

10,337,551,392.60

Current Asset
16,577,818,618

Fixed Asset
2,594,680,000

operating cost

COGS

Tax

Cash

Raw Material
Inventory

5,646,153,500

Rp2,104,151,918

2,587,245,974.60

15,945,717,008

632,101,610

3rd years
Retun On Equity
0.331923719
Return in Assets

divided by

0.291394257
Net Profit
Margin

Multiplied by

Total Assets
Turnover

1-total debt /
total assets
0.877895253

0.393779309
Net Income

0.739993827
Sales

Sales

8,240,134,999.30

20,925,769,380

20,925,769,380

Sales

Total Cost and


Expenses

Current Asset

12,685,634,380.70

25,783,792,642.70

2,494,510,000

Divided by

Less

20,925,769,380

Divid
ed by

Total Assets
28,278,302,642.70

Fixed Asset

operating cost

COGS

Tax

Cash

Raw Material
Inventory

6,812,944,675

2,419,774,706

3,452,915,000

25,292,797,815.20

490,994,827.50

4th years
Retun On Equity
0.315209523

Return in Assets

divided by

0.278226917
Net Profit
Margin
0.432056097
Net Income

Multiplied by

1-total debt /
total assets
0.882672942

Total Assets
Turnover
0.643960169

Sales

Sales

Rp26,448,285,141

Rp26,448,285,141

Divided by
Rp11,427,142,847.00

Divid
ed by

Total Assets
41,071,305,995.60

Sales

Less

Rp26,448,285,141

Total Cost and


Expenses

Current Asset

Rp15,021,142,293.71

38,676,965,995.60

2,394,340,000.00

Fixed Asset

operating cost

COGS

Tax

Cash

Raw Material
Inventory

Rp7,419,625,876.25

Rp2,782,740,912

4,818,775,505.90

38,348,243,967.97

18,729,867,482.70

5th years
Retun On Equity
0.300752548
Return in Assets

divided by

0.266771597

Net Income
15,592,535,788

Sales
33,430,845,609

Net Profit
Margin
0.466411648

Multiplied by

Divided by

Sales
33,430,845,609

Less

Total Cost and


Expenses

17,838,309,820

1-total debt /
total assets
0.887013589

Total Assets
Turnover
0.571965984
Sales
33,430,845,609

Divid
ed by

Total Assets
58,449,010,187

Current Asset
56,154,840,187

Fixed Asset
2,294,170,000

operating cost

COGS

Tax

Cash

Raw Material
Inventory

8,087,166,357

3,147,199,553

6,603,943,909

55,959,779,385

195,060,802

Schedule 1
Computation of Sales

year
1
2
3
4
5

Annual
Production
(ori cup)
489,600
563,040
647,496
744,620
856,313

Year
1
2
3
4
5

Annual
Production
(ori can)
532,800
612,720
704,628
810,322
931,871

Annual
Production
(minty cup)
432,000
496,800
571,320
657,018
755,571

total sales
(ori cup)
Rp
3,427,200,000.00
Rp
4,335,408,000.00
Rp
5,484,291,120.00
Rp
6,937,628,266.80
Rp
8,776,099,757.50

Annual
Production
(minty can)
475,200
546,480
628,452
722,720
831,128

total sales
(ori can)
Rp
3,196,800,000.00
Rp
4,043,952,000.00
Rp
5,115,599,280.00
Rp
6,471,233,089.20
Rp
8,186,109,857.84

Selling Price
(ori cup)

Selling Price
(ori can)

Selling Price
( minty cup)

Selling Price
(minty can)

Rp 7,000.00
Rp 7,700.00
Rp 8,470.00
Rp 9,317.00
Rp 10,248.70

Rp 6,000.00
Rp 6,600.00
Rp 7,260.00
Rp 7,986.00
Rp 8,784.60

Rp 7,500.00
Rp 8,250.00
Rp 9,075.00
Rp 9,982.50
Rp 10,980.75

Rp 6,500.00
Rp 7,150.00
Rp 7,865.00
Rp 8,651.50
Rp 9,516.65

total sales
(mint cup)
Rp
3,240,000,000.00
Rp
4,098,600,000.00
Rp
5,184,729,000.00
Rp
6,558,682,185.00
Rp
8,296,732,964.03

total sales
(mint can)
Rp
3,088,800,000.00
Rp
3,907,332,000.00
Rp
4,942,774,980.00
Rp
6,252,610,349.70
Rp
7,909,552,092.37

total sales
in each year
Rp
12,952,800,000
Rp
16,385,292,000
Rp
20,727,394,380
Rp
26,220,153,891
Rp
33,168,494,672

You might also like