Professional Documents
Culture Documents
Notes
Projected demand (clients) 100 105 110
Average 3 months subcription per client
Price: Gold package (mid-point ave is used) ₱ 3,500.00
Price: Platinum package (mid-point ave is used) ₱ 6,000.00
Price: Diamond package (mid-point ave is used) ₱ 8,000.00
Other revenue - radio/ print ads ₱ 5,000.00
1,182,422.37 1,241,543.48
464,866.58 488,109.91
223,036.67 234,188.51
5,858.30 5,975.46
1,876,183.92 1,969,817.36
10,000.00 10,000.00
807,324.00 807,324.00
72,051.60 72,051.60
50,852.53 50,852.53
- -
204,000.00 204,000.00
8,000.00 8,000.00
119,509.26 121,899.44
11,716.59 11,950.93
5,858.30 5,975.46
1,289,312.28 1,292,053.96
586,871.64 677,763.40
11,101.25 5,789.65
575,770.39 671,973.75
113,939.60 135,989.27
461,830.79 535,984.48
147.75 155.13
PROPEL SOCIALS
STATEMENT OF COMPREHENSIVE INCOME
FOR THE PERIOD ENDED DECEMBER 31
(in Philippine Peso)
Year 1 Year 2 Year 3 Year 4
REVENUE
Gold package 800,310.00 840,325.50 882,341.78 926,458.86
Platinum package 314,640.00 330,372.00 346,890.60 364,235.13
Diamond package 150,960.00 158,508.00 166,433.40 174,755.07
Other revenue 5,000.00 5,100.00 5,202.00 5,306.04
TOTAL REVENUES 1,270,910.00 1,334,305.50 1,400,867.78 1,470,755.10
Less: OPERATING EXPENSES
Research and development expenses 10,000.00 10,000.00 10,000.00 10,000.00
Salaries expenses 807,324.00 807,324.00 807,324.00 807,324.00
Employee benefits 72,051.60 72,051.60 72,051.60 72,051.60
Depreciation and amortization 50,852.53 50,852.53 50,852.53 50,852.53
Permits and licenses 15,294.00 - - -
Rent 120,000.00 120,000.00 144,000.00 144,000.00
Insurance 8,000.00 8,000.00 8,000.00 8,000.00
Utilities 102,000.00 104,040.00 106,120.80 108,243.22
Office supplies expense 10,000.00 10,200.00 10,404.00 10,612.08
Miscellaneous expense 5,000.00 5,100.00 5,202.00 5,306.04
TOTAL OPERATING EXPENSES 1,200,522.13 1,187,568.13 1,213,954.93 1,216,389.47
EARNINGS BEFORE INTEREST AND TAXES 70,387.87 146,737.37 186,912.85 254,365.64
Interest 40,500.00 37,834.29 34,928.66 31,761.52
EARNINGS BEFORE TAXES 29,887.87 108,903.08 151,984.19 222,604.12
Taxes 101,672.80 106,744.44 112,069.42 117,660.41
NET INCOME -71,784.93 2,158.64 39,914.76 104,943.71
Notes
Projected demand (clients) 100 105 110 116
Average 3 months subcription per client
Price: Gold package (mid-point ave is used) ₱ 3,500.00
Price: Platinum package (mid-point ave is used) ₱ 6,000.00
Price: Diamond package (mid-point ave is used) ₱ 8,000.00
Other revenue - radio/ print ads ₱ 5,000.00
Furniture & Fixtures Quantity Unit cost Total cost Useful life Dep. Expense Salvage value
Shelves 5.00 5,000.00 25,000.00 10 2,250.00 2,500.00
Office table 5.00 1,999.00 9,995.00 10 899.55 999.50
Chairs 6.00 1,500.00 9,000.00 10 810.00 900.00
Locker 1.00 8,400.00 8,400.00 10 756.00 840.00
Filling cabinet 1.00 6,299.00 6,299.00 10 566.91 629.90
58,694.00 5,282.46 5869.4
Intangible asset Quantity Unit cost Total cost Useful life Amort. Expense
Domains and Website 1 100,000 100,000 15 6,666.67
Employee Benefits
Monthly Salaries SSS Philhealth HDMIF Total
Social media Manager 20,179.00 1,178.70 250.00 100.00 1,528.70
Social media Analyst 12,674.00 920.80 150.00 100.00 1,170.80
Community Manager 8,606.00 626.20 100.00 100.00 826.20
Content Creator 8,606.00 626.20 100.00 100.00 826.20
Graphic Artist 8,606.00 626.20 100.00 100.00 826.20
Web Developer 8,606.00 626.20 100.00 100.00 826.20
67,277.00 4,604.30 800.00 600.00 6,004.30 monthly
807,324.00 72,051.60 annual
additional 2 employees
creator and community 17212 1652.4
206,544.00 19,828.80
SSS Philhealth HDMIF Total
1,178.70 250.00 100.00 1,528.70
920.80 150.00 100.00 1,170.80
626.20 100.00 100.00 826.20
626.20 100.00 100.00 826.20
626.20 100.00 100.00 826.20
626.20 100.00 100.00 826.20
6,004.30 monthly
72,051.60 annual contribution
monthly
annual