Sales Projections

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Milk Kg 90,000 96,750 104,006 111,807 120,192 129,207 138,897 149,314 160,513 172,551
Beaf Kg 14,400 15,480 16,641 17,889 19,231 20,673 22,224 23,890 25,682 27,608
Fertilizer kg 45,000 48,375 52,003 55,903 60,096 64,603 69,449 74,657 80,257 86,276
Cheese Kg 22,500 24,188 26,002 27,952 30,048 32,302 34,724 37,329 40,128 43,138
Total 171,900 184,793 198,652 213,551 229,567 246,785 265,294 285,191 306,580 329,573
Cost of herd (50 cows) 100000
This sheet summaries the volume and price and sales growth information from the input page. There is no input on this page.

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Milk
Total Volume 90,000 96,750 104,006 111,807 120,192 129,207 138,897 149,314 160,513 172,551
Price/Unit $0.30 $0.30 $0.30 $0.30 $0.30 $0.30 $0.30 $0.30 $0.30 $0.30
Gross Sales $27,000 $29,025 $31,202 $33,542 $36,058 $38,762 $41,669 $44,794 $48,154 $51,765

Beaf
Total Volume 14,400 15,480 16,641 17,889 19,231 20,673 22,224 23,890 25,682 27,608
Price/Unit $1.000 $1.000 $1.000 $1.000 $1.000 $1.000 $1.000 $1.000 $1.000 $1.000
Gross Sales $14,400 $15,480 $16,641 $17,889 $19,231 $20,673 $22,224 $23,890 $25,682 $27,608

Fertilizer 1.075
Total Volume 10,000 48,375 52,003 55,903 60,096 64,603 69,449 74,657 80,257 86,276
Price/Unit $0.27 $0.27 $0.27 $0.27 $0.27 $0.27 $0.27 $0.27 $0.27 $0.27
Gross Sales $12,000 $12,900 $13,868 $14,908 $16,026 $17,228 $18,520 $19,909 $21,402 $23,007

Cheese
Total Volume 22,500 24,188 26,002 27,952 30,048 32,302 34,724 37,329 40,128 43,138
Price/Unit $26.67 $26.67 $26.67 $26.67 $26.67 $26.67 $26.67 $26.67 $26.67 $26.67
Gross Sales $600,000 $645,000 $693,375 $745,378 $801,281 $861,378 $925,981 $995,429 $1,070,087 $1,150,343

TOTAL GROSS SALES $653,400 $702,405 $755,085 $811,717 $872,596 $938,040 $1,008,393 $1,084,023 $1,165,324 $1,252,724
This sheet calculates loan amortization and interest. There are no inputs on this sheet.

Total Investment $735,000

Long Term Interest Rate 0.00%
Percent Financed
Cost of herd (50 cows) $100,000
Loan Term 10

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Beginning Balance $100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000
Interest Rate 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Interest $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Annual Payment $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000
Principal $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000

Ending Balance $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0

10000
Working Capital $50,000
Short Term Interest Rate 0.00%
Interest Amount $0

Total Interest Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

This sheet allows you to input salaries and overtime assumptions for various positions.
Benefit calculations are based on the percentage you entered on the "Input" sheet.

Occupation Salary Benefits Overtime% Overtime Total

Position #1 (Labor force) $1,536 0% $ - $20,736

Cost of herd (50 cows) $100,000
Position #2 (Management force) $12,800 $1,024 0% $ - $13,824

Position #3 (CEO) $40,000 $3,200 0% $ - $43,200

Position #4 (Directives) $0 $0 0% $ - $0

Total Personnel $172,000 $5,760 $0 $77,760

Costs

$10,000.00
This Sheet summaries expenses. The only input is for "supplies and miscellaneous" expenses.

Labor Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Salaries $ 172,000 $ 177,160 $ 182,475 $ 187,949 $ 193,588 $ 199,395 $ 205,377 $ 211,538 $ 217,884 $ 224,421
Benefits $ 5,760 $ 5,933 $ 6,111 $ 6,294 $ 6,483 $ 6,677 $ 6,878 $ 7,084 $ 7,297 $ 7,515
Overtime $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Cost of herd (50 cows) $ 100,000
Total Labor $ - $ 177,760 $ 183,093 $ 188,586 $ 194,243 $ 200,070 $ 206,073 $ 212,255 $ 218,622 $ 225,181 $ 231,936

Production Expenses $ 274,650 $ 295,249 $ 317,392 $ 341,197 $ 366,787 $ 394,296 $ 423,868 $ 455,658 $ 489,832 $ 526,570

Utilities $ 7,800 $ 8,073 $ 8,356 $ 8,648 $ 8,951 $ 9,264 $ 9,588 $ 9,924 $ 10,271 $ 10,631

Total Variable $ - $ 460,210 $ 486,415 $ 514,334 $ 544,088 $ 575,808 $ 609,632 $ 645,711 $ 684,204 $ 725,284 $ 769,137

Fixed
Maintenance $ 11,750 $ 12,161 $ 12,587 $ 13,027 $ 13,483 $ 13,955 $ 14,444 $ 14,949 $ 15,473 $ 16,014

Insurance $ 11,750 $ 12,161 $ 12,587 $ 13,027 $ 13,483 $ 13,955 $ 14,444 $ 14,949 $ 15,473 $ 16,014

Property Tax $ 10,000 $ 2,282 $ 2,362 $ 2,445 $ 2,530 $ 2,619 $ 2,711 $ 2,805 $ 2,904 $ 3,005

Depreciation $ 216,501 $ 38,555 $ 25,585 $ 17,491 $ 16,103 $ 11,491 $ 6,887 $ 5,143 $ 3,404 $ 3,404

Interest $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

Total Fixed $ - $ 242,206 $ 65,160 $ 53,121 $ 45,991 $ 45,600 $ 42,020 $ 38,485 $ 37,847 $ 37,252 $ 38,437
This sheet summaries income, expenses and net profit. There are no inputs on this sheet

Gross Sales
Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Milk $0 $27,000 $29,025 $31,202 $33,542 $36,058 $38,762 $41,669 $44,794 $48,154 $51,765
Beaf $0 $14,400 $15,480 $16,641 $17,889 $19,231 $20,673 $22,224 $23,890 $25,682 $27,608
Fertilizer $12,000 $12,900 $13,868 $14,908 $16,026 $17,228 $18,520 $19,909 $21,402 $23,007
Cost of herd (50 cows) $100,000 $600,000 $645,000 $693,375 $745,378 $801,281 $861,378 $925,981 $995,429 $1,070,087 $1,150,343

Total $100,000 $653,400 $702,405 $755,085 $811,717 $872,596 $938,040 $1,008,393 $1,084,023 $1,165,324 $1,252,724

Expenses
Variable $0 $460,210 $486,415 $514,334 $544,088 $575,808 $609,632 $645,711 $684,204 $725,284 $769,137
Fixed $0 $242,206 $65,160 $53,121 $45,991 $45,600 $42,020 $38,485 $37,847 $37,252 $38,437
Other $855,000 $30,000 $31,050 $32,137 $33,262 $34,426 $35,631 $36,878 $38,168 $39,504 $40,887

Total Expenses $855,000 $732,416 $582,624 $599,591 $623,340 $655,833 $687,283 $721,073 $760,220 $802,041 $848,461

Before Tax Profit ($755,000) ($79,016) $119,781 $155,494 $188,377 $216,762 $250,757 $287,320 $323,803 $363,283 $404,263

Tax (not payable if registered

over 29-89 decree) $ - $ 10,000 $ 35,934 $ 46,648 $ 56,513 $ 65,029 $ 75,227 $ 86,196 $ 97,141 $ 108,985 $ 121,279

After Tax Profit ($755,000) ($79,016) $83,847 $108,846 $131,864 $151,734 $175,530 $201,124 $226,662 $254,298 $282,984

Estimate of Cash Flows

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
After Tax Profits ########## $ (79,016) $ 83,847 $ 108,846 $ 131,864 $ 151,734 $ 175,530 $ 201,124 $ 226,662 $ 254,298 $ 282,984
Depreciation $ - $ 216,501 $ 38,555 $ 25,585 $ 17,491 $ 16,103 $ 11,491 $ 6,887 $ 5,143 $ 3,404 $ 3,404
This sheet calculates depreciation. You enter descriptions and values for buildings, equipment and other property.

Depreciation
Buildings 39 year Straight Line
Special Purpose Buildings 10 year Straight Line
Equipment and Heavy Rolling Stock
Cost of herd (50 cows) $100,000

Buildings Special Purpose Buildings

Description Value Salvage Description Value
Warehouses $ 30,000 $ 1,500 Reparation units $ -
Administration $ 20,000 $ 1,000 Special storage Chemicals $ -
Labor $ 32,000 $ 1,600 Sleeping areas $ 5,000
Perimeter wall $ 24,000 $ 1,200 Recreatinal areas $ -
Wells and water supply $ 5,000 $ 250 Security facilities and equipment $ -
Total Buildings $ 111,000 $ 5,550 Total Special Purpose Building $ 5,000

Equipment and Heavy Rolling Stock Light Trucks and Vehicles

Description Value Description Value
Cheese line $ 18,000 Transportation collector $ 30,000
Milking line $ 10,000 Company cars $ -
Heating and digestion equipment $ 8,000 1 tracktor $ 40,000
Lighting $ 5,000 1 shreder and mix $ 10,000
Generation equipment $ 5,000
Total Equip and Heavy Rolling Stock $ 39,000 Total Light Trucks and Vehicles $ 80,000

Total Plant Property and Equipment $ 235,000

Land $ 500,000
Total Land, Plant Property and Equipment $ 735,000
$701,000
This sheet summaries the feasibility of the project. It provides net present value, benefit cost ratio and internal rate of return
The only input is the discount rate.

Discount Rate (Worst case scenario) 12.00%

Year 0 1 2 3 4 5 6 7 8 9 10
Gross Margin $653,400 $702,405 $755,085 $811,717 $872,596 $938,040 $1,008,393 $1,084,023 $1,165,324 $1,252,724

Total Expense $855,000 $732,416 $732,416 $582,624 $599,591 $623,340 $655,833 $687,283 $721,073 $760,220 $802,041
Less Depreciation and Term Interest $216,501 $38,555 $25,585 $17,491 $16,103 $11,491 $6,887 $5,143 $3,404 $3,404

Cash Expenses $855,000 $515,915 $693,861 $557,039 $582,100 $607,238 $644,342 $680,396 $715,930 $756,816 $798,637

Benefits Less Costs ($855,000) $137,485 $8,544 $198,046 $229,617 $265,358 $293,698 $327,997 $368,093 $408,509 $454,087

Total PV of Income $4,884,572

Total PV of Expenses $4,433,195
Net Present Value $451,376 10000
Internal Rate of Return 20.7%
PV Benefit/PV Cost Ratio 1.10
Return on Assets -102.72% -10.75% 11.41% 14.81% 17.94% 20.64% 23.88% 27.36% 30.84% 34.60% 38.50%
(after tax income/total PPE investment)

Payback Period (years) 5.00

(payback period only displayed if less than 10 years)