Forecasting

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ForecastingProjectTemplate211.xlsx
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Income Statement

COMPREHENSIVE INCOME STATEMENT
Assumption per pg.711 (growth rate only for Revenue) - others are Not growth rate 2016 Year +1 Year +2 Year +3 Year +4 Year +5
2.00% Revenues 482,130 491,773 501,608 511,640 521,873 532,310
75% COGS (360,984) (368,829) (376,206) (383,730) (391,405) (399,233)
Gross Profit 121,146 122,943 125,402 127,910 130,468 133,078
20.00% SG&A Expense (97,041) (98,355) (100,322) (102,328) (104,375) (106,462)
Operating Income 24,105 24,589 25,080 25,582 26,094 26,616
1.50% Interest Income 81 168 254 358 474 601
5.00% Interest Expense (2,502) - 0 - 0 - 0 - 0 - 0 <- didn't finish the balance sheet yet
Income Before Tax 21,684 24,756 25,335 25,940 26,567 27,216
32.00% Income Tax Expense (6,558) (7,922) (8,107) (8,301) (8,502) (8,709)
Net Income 15,126 16,834 17,228 17,639 18,066 18,507
12.60% NI Attributable to NCI (386) (386) (386) (386) (386) (386) <- this row was already filled out on the template
NI Attributable to CS 14,740 16,448 16,842 17,253 17,680 18,121
OCI (4,429) <- ????
Comprehensive Income 10,311

Balance Sheet

BALANCE SHEET
Assumption per pg.712 (growth rate only for Accounts Receivable & Prepaid Exp) - others are Not growth rate 2016 Year +1 Year +2 Year +3 Year +4 Year +5
Cash & CE 8,705 13,675 20,225 27,539 35,614 44,459 <- this row was already filled out on the template
2.00% Accounts Receivables (net) 5,624 5,736 5,851 5,968 6,088 6,209
45 Inventory 44,469 45,472 46,382 47,309 48,255 49,220
2.00% Prepaid Expenses 1,441 1,470 1,499 1,529 1,560 1,591
Current Assets 60,239 66,353 73,957 82,346 91,517 101,480
$10,000.00 PPE (cost) 188,054 10,000 10,000 10,000 10,000 10,000 <- ????
Acc. Depreciation (71,538)
Goodwill 16,695
Other Assets 6,131
Total Assets 199,581
Accounts Payable 38,487
Accrued Expenses 19,607
Notes Payable/ST Debt 2,708
LT Debt - Current 3,296
IT Payable 521
Current Liabilities 64,619
LT Debt - Long-Term 44,030
Deferred Taxes - LT 7,321
Redeemable NCI - 0 - 0 - 0 - 0 - 0 - 0
Total Liabilities 115,970
Common Stock & APIC 2,122
Retained Earnings 90,021
Acc. Other Comprehensive Income (11,597)
Total Shareholder's Equity 80,546
Noncontrolling Interests 3,065 3,065 3,065 3,065 3,065 3,065 <- this row was already filled out on the template
Total Equity 83,611
Total Liabilities and Equity 199,581

CapEx, PP&E and Depreciation

Forecast Development: Capital Expenditures, Property, Plant and Equipment, and Depreciation
Property, Plant and Equipment and Depreciation Property, Plant and Equipment and Depreciation Forecasts:
PP&E at cost: 2016 Year +1 Year +2 Year +3 Year +4 Year +5
Beg. balance at cost: 188,054 198,054 208,054 218,054 228,054
Add: CAPEX forecasts: 10,000 10,000 10,000 10,000 10,000
End balance at cost: 188,054 198,054 208,054 218,054 228,054 238,054
Accumulated Depreciation:
Beg. Balance: (71,538) (81,441) (91,843) (102,746) (114,149)
Subtract: Depreciation expense forecasts from below: (9,903) (10,403) (10,903) (11,403) (11,903)
End Balance: (71,538) (81,441) (91,843) (102,746) (114,149) (126,051)
PP&E—net 116,681 116,613 116,211 115,308 113,905 112,003
Depreciation expense forecast on existing PP&E:
Existing PP&E at cost: 188,054 9,403 9,403 9,403 9,403 9,403
Depreciation expense forecasts on new PP&E:
Capex Year +1 500 500 500 500 500
Capex Year +2 500 500 500 500
Capex Year +3 500 500 500
Capex Year +4 500 500
Capex Year +5 500
Total Depreciation Expense 9,903 10,403 10,903 11,403 11,903