Financial Aspect Salaries and Contrib

NAME OF COMPANY
Projected Statement of Financial Positi

For Five Year Period
Notes 2017
ASSETS
CURRENT ASSETS
10100 Cash & Cash Equivalent (9,164,740.00)
10200 Trade & Other Receivables 133,380.00
10300 Inventory #REF!
10400 Prepayments & Other Current Assets 309,000.00
Total #REF!
NON CURRENT ASSETS

10500 Property, Plant & Equipment 11,465,000.00
10600 Intangibles & Other Non Current Assets (15,000.00)
Total 11,450,000.00
TOTAL ASSETS #REF!
LIABILITIES & CAPITAL
CURRENT LIABILITIES
20100 Trade & Other Payables -
20200 Other Current Liabilities -
Total -
NON CURRENT LIABILITIES

20300 Long Term Borrowings -
20400 Other Non-Current Liabilities -
Total -
TOTAL LIABILITIES -
CAPITAL
30100 Capital Contribution (12,000,000.00)
30200 Retained Earnings -
TOTAL CAPITAL (12,000,000.00)
TOTAL LIABILITIES & CAPITAL (12,000,000.00)
PROOF #REF!
NAME OF COMPANY
rojected Statement of Financial Position
2018 2019 2020 2021
(9,164,740.00) (9,144,740.00) (9,144,740.00) (9,144,740.00)

133,380.00 113,380.00 113,380.00 113,380.00
#REF! #REF! #REF! #REF!
309,000.00 309,000.00 309,000.00 309,000.00
11,465,000.00 11,465,000.00 11,465,000.00 11,465,000.00

(15,000.00) (15,000.00) (15,000.00) (15,000.00)
11,450,000.00 11,450,000.00 11,450,000.00 11,450,000.00
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
(12,000,000.00) (12,000,000.00) (12,000,000.00) (12,000,000.00)

- - - -
(12,000,000.00) (12,000,000.00) (12,000,000.00) (12,000,000.00)
(12,000,000.00) (12,000,000.00) (12,000,000.00) (12,000,000.00)

NAME OF COMPANY
Projected Statement of Changes in Capital
Notes
At January 1, 2017
Additional Investment/Drawings
Total Comprehensive Income
At December 31, 2017
At January 1, 2018
At January 1, 2019
At January 1, 2020
At January 1, 2021
NAME OF COMPANY
Projected Statement of Changes in Capital
Capital Contribution Retained Earnings Total PROOF

(10,000,000.00) (10,000,000.00)
(2,000,000.00) (2,000,000.00)
-
(12,000,000.00) - (12,000,000.00) -
(12,000,000.00) - (12,000,000.00)
- -
-
(12,000,000.00) - (12,000,000.00) -
(12,000,000.00) - (12,000,000.00)
- -
-
(12,000,000.00) - (12,000,000.00) -
(12,000,000.00) - (12,000,000.00)
- -
-
(12,000,000.00) - (12,000,000.00) -
(12,000,000.00) - (12,000,000.00)
- -
-
(12,000,000.00) - (12,000,000.00) -
NAM
Proj
For
OPERATING ACTIVITIES
Profit after tax

Adjustments for:
Non-Cash Expenses
Non-Cash Revenues
Profit before changes in working capital
(Increase)/Decrease in Current Assets

Increase/(Decrease) in Current Liabilities
Net Cash Flows from Operating Activities
INVESTING ACTIVITIES
Cash Payments for Acquisition of Non-current Assets
Cash Receipts from Disposal of Non-Current Assets
Net Cash Flows from Investing Activities
FINANCING
Cash Payments for Non-Current Liabilities
Cash Receipt from Non-Current Liabilities
Net Cash Flow from Financing
Net Cash Inflow/Outflow
Beginning Cash Balance

Net Cash Inflow/ (Outflow)
Ending Cash Balance
PROOF
NAME OF COMPANY
Projected Cash Flow
2017 2018 2019 2020

- - - -
0
0
0 0 0 0
0
0
0 0 0 0


2021
#REF!
-
#REF!
#REF!
#REF!
#REF!
#REF!
ACCT CODE ACCT NAME 2017
10100 Cash and Cash Equivalent (9,164,740.00)
10200 Trade and Other Receivables 133,380.00
10300 Inventory #REF!
10400 Prepayments and Other Current Assets 309,000.00
Total Current Assets #REF!
10500 Property, Plant and Equipment, net 11,465,000.00

10600 Intangibles and Other Non-Current Assets, net (15,000.00)
Total Non Current Assets 11,450,000.00
Total Assets #REF!
20100 Trade and Other Payables -

20200 Long term Borrowings and other Non Current Liabililities -
Total Liabilities -
30100 Partner's Contribution (12,000,000.00)

30200 Retained Earnings -
Total Capital (12,000,000.00)
Total Liabilities and Capital (12,000,000.00)
40100 Revenue
50100 Cost of Sales
Gross Profit -
50200 Operating Expenses
40200 Other Income
50300 Other Expenses
Profit Before Tax -
50400 Provision for Income Tax
Profit After Tax -
Beginning Retained Earnings
30200 Ending Retained Earnings -
Cash and Cash Equivalent (9,164,740.00)

Trade and Other Receivables 133,380.00
Inventory #REF!
Prepayments and Other Current Assets 309,000.00

10410 Office Supplies - Papers, Postage and Stamps 200,000.00
10420 Other Prepayments 100,000.00
10430 Short Term Investment 9,000.00
Property, Plant & Equipment, net 11,465,000.00
Intangibles and Other Non Current Assets (15,000.00)
Trade and Other Payables -
Long term Borrowings and other Non Current Liabililities -
Partner's Contribution Balance (12,000,000.00)
40110 Revenue
50110 Cost of Sales -
Operating Expenses -
40210 Other Income

50310 Other Expenses
2018 2019 2020 2021
(9,164,740.00) (9,144,740.00) (9,144,740.00) (9,144,740.00)
133,380.00 113,380.00 113,380.00 113,380.00
309,000.00 309,000.00 309,000.00 309,000.00
11,465,000.00 11,465,000.00 11,465,000.00 11,465,000.00

(15,000.00) (15,000.00) (15,000.00) (15,000.00)
11,450,000.00 11,450,000.00 11,450,000.00 11,450,000.00
- - - -
- - - -
- - - -
(12,000,000.00) (12,000,000.00) (12,000,000.00) (12,000,000.00)

- - - -
(12,000,000.00) (12,000,000.00) (12,000,000.00) (12,000,000.00)
(12,000,000.00) (12,000,000.00) (12,000,000.00) (12,000,000.00)
- - - -
- - - -
- - - -
- - - -
- - - -
(9,164,740.00) (9,144,740.00) (9,144,740.00) (9,144,740.00)

133,380.00 113,380.00 113,380.00 113,380.00
309,000.00 309,000.00 309,000.00 309,000.00

200,000.00 200,000.00 200,000.00 200,000.00
100,000.00 100,000.00 100,000.00 100,000.00
9,000.00 9,000.00 9,000.00 9,000.00
11,465,000.00 11,465,000.00 11,465,000.00 11,465,000.00
(15,000.00) (15,000.00) (15,000.00) (15,000.00)
- - - -
- - - -
(12,000,000.00) (12,000,000.00) (12,000,000.00) (12,000,000.00)
- - - -
- - - -
2017 2018 2019
PETTY CASH FUND

Beginning Balance - -
CVP-1 Increase in Cash Fund/Replenishment
CVR-1 Decrease in Cash Fund
10110 Ending Balance - - -
CASH IN BANK
Beginning Balance (9,164,740.00) (9,164,740.00)
Cash Receipts 4,291,580.00 - 20,000.00
Cash Payments (13,456,320.00) - -
10120 Ending Balance (9,164,740.00) (9,164,740.00) (9,144,740.00)
ACCOUNTS RECEIVABLE
Beginning Balance 133,380.00 133,380.00
Sales 8,002,800.00
CR-1 Collections 7,869,420.00 (20,000.00)
10210 Ending Balance 133,380.00 133,380.00 113,380.00
OTHER CURRENT RECEIVABLE

Increase in OCR
CR-2 Decrease in OCR
RAW MATERIALS
Beginning Balance 1,536,320.00 1,536,320.00
CP-1 Purchases 1,536,320.00
Direct Materials
10310 Ending Balance 1,536,320.00 1,536,320.00 1,536,320.00
WORK IN PROCESS
Beginning Balance #REF! #REF!
Direct Materials #REF! - -
Direct Labor
Factory Overhead
Cost of Goods Manufactured
10320 Ending Balance #REF! #REF! #REF!
FINISHED GOODS
Cost of Goods Manufactured
50110 Cost of Sales
Office Supplies - Papers, Postage and Stamps

CP-2 Purchases 200,000.00
Used
10410 Ending Balance 200,000.00 200,000.00 200,000.00
Other Prepayments
Beginning Balances 100,000.00 100,000.00
CP-3 Advance Payments 100,000.00
Used/Expired
10420 Ending Balance 100,000.00 100,000.00 100,000.00
Short Term Investments

Beginning Balances 9,000.00 9,000.00
CP-4 Acquisition 10,000.00
CR-3 Disposal (1,000.00)
10430 Ending Balance 9,000.00 9,000.00 9,000.00
Land
CR-4 Disposal (2,000.00)
10510 Ending Balance 98,000.00 98,000.00 98,000.00
Land Improvements
CR-5 Disposal/ Retirement (3,000.00)
10520 Ending Balance 197,000.00 197,000.00 197,000.00
Accumulated Depreciation - Land Improvement
Depreciation Expense
Disposal/ Retirement
Building
10530 Ending Balance 4,000.00 4,000.00 4,000.00
Accumulated Depreciation - Bldg

Bldg Improvements
Beginning Balance 10,990,000.00 10,990,000.00
CP-8 Acquisition 11,000,000.00
10540 Ending Balance 10,990,000.00 10,990,000.00 10,990,000.00
Accumulated Depreciation - Bldg Improvements

Machineries & Equipments

10550 Ending Balance 192,000.00 192,000.00 192,000.00
Accumulated Depreciation - Machineries & Equipments
Office Equipments
10560 Ending Balance 98,000.00 98,000.00 98,000.00
Accumulated Depreciation - Office Equipments

Furnitures & Fixtures

Beginning Balance (14,000.00) (14,000.00)
CP-11 Acquisition
10570 Ending Balance (14,000.00) (14,000.00) (14,000.00)
Accumulated Depreciation - Furnitures & Fixtures

Vehicles
CP-12 Acquisition
10580 Ending Balance (100,000.00) (100,000.00) (100,000.00)
Accumulated Depreciation - Vehicles

Trademarks
CP-13 Acquisition
10610 Ending Balance (15,000.00) (15,000.00) (15,000.00)
Accumulated Depreciation - Trademarks

Computer Software
CP-14 Acquisition
CR-13 Disposal/ Retirement
Accumulated Depreciation - Computer Software

Long Term Investments & Other Non-Current Assets

CP-15 Acquisition
CR-14 Disposal/ Retirement
Accounts Payable
Purchases
CP-16 Payments
Accrued Salaries
Incurred
CP-17 Paid
WHT,HDMF,SSS,PhilHealth Contribution
Incurred
CP-18 Paid
Income Tax Payable

Incurred
CP-19 Paid
Utilities Payable
Incurred
CP-20 Paid
Short term payables and other current liabilities

Incurred
CP-21 Paid
Long term payables

Incurred
CP-22 Paid
Other Non Current Liabilities

Incurred
CP-23 Paid
Partner's Contribution
30110 Beginning (10,000,000.00) (12,000,000.00) (12,000,000.00)
Alaman (1,000,000.00)
Caringal (1,000,000.00)
Cura (1,000,000.00)
Erasmo (1,000,000.00)
Escalante (1,000,000.00)
Lexio (1,000,000.00)
Mallare (1,000,000.00)
Noveno (1,000,000.00)
Seralbo (1,000,000.00)
Ursua (1,000,000.00)
30120 Additional Investment (2,000,000.00)
30130 Withdrawals
Ending Capital (12,000,000.00) (12,000,000.00) (12,000,000.00)
Cash Receipt
2020 2021
2017 2018
- -
CVR-1 0 0
- -
(9,144,740.00) (9,144,740.00)
- - 4291580 0
- -
(9,144,740.00) (9,144,740.00)
113,380.00 113,380.00
CR-1 -7869420 0
113,380.00 113,380.00
- -
CR-2 0 0
- -
1,536,320.00 1,536,320.00
1,536,320.00 1,536,320.00
#REF! #REF!
- -
#REF! #REF!
- -
- -
200,000.00 200,000.00
200,000.00 200,000.00
100,000.00 100,000.00
100,000.00 100,000.00
9,000.00 9,000.00
CR-3 1000 0
9,000.00 9,000.00 CF Inflow - Investing
160000
0
0
98,000.00 98,000.00 0
0
CR-4 2000 0
98,000.00 98,000.00
197,000.00 197,000.00
CR-5 3000 0
197,000.00 197,000.00
- -
- -
4,000.00 4,000.00
CR-6 6000 0
4,000.00 4,000.00
- -
- -
10,990,000.00 10,990,000.00
CR-7 10000 0
10,990,000.00 10,990,000.00
- -
- -
192,000.00 192,000.00
CR-8 8000 0
192,000.00 192,000.00
- -
- -
98,000.00 98,000.00
CR-9 2000 0
98,000.00 98,000.00
- -
- -
(14,000.00) (14,000.00)
CR-10 14000 0
(14,000.00) (14,000.00)
- -
- -
(100,000.00) (100,000.00)
CR-11 100000 0
(100,000.00) (100,000.00)
- -
- -
(15,000.00) (15,000.00)
CR-12 15000 0
(15,000.00) (15,000.00)
- -
- -
- -
CR-13 0 0
- -
- -
- -
- -
CR-14 0 0
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
CF - Inflow Financing
- -
- -
- -
- -
(12,000,000.00) (12,000,000.00) 30110 10000000 12000000
30120 2000000 0
(12,000,000.00) (12,000,000.00)
Cash Payment Journal
2019 2020 2021
CVP-1 0 0 0
0 0 0
20000 0 0
-13456320 0 0
20000 0 0
0 0 0
CP-1 -1536320 0 0
CP-2 -200000 0 0
CP-3 -100000 0 0
CP-4 -10000 0 0
0 0 0 CF - Outflow - Investing
-11610000
0
0
0
0
CP-5 -100000 0 0
0 0 0
CP-6 -200000 0 0
0 0 0
CP-7 -10000 0 0
0 0 0
CP-8 -11000000 0 0
0 0 0
CP-9 -200000 0 0
0 0 0
CP-10 -100000 0 0
0 0 0
CP-11 0 0 0
0 0 0
CP-12 0 0 0
0 0 0
CP-13 0 0 0
0 0 0
CP-14 0 0 0
0 0 0
CP-15 0 0 0
0 0 0
0
CP-16 0 0 0
CP-17 0 0 0
CP-18 0 0 0
CP-19 0 0 0
CP-20 0 0 0
CP-21 0 0 0
CP-22 0 0 0
CP-23 0 0 0
12000000 12000000 12000000
0 0 0
30130 0 0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Annual Salary Annual WHT Annual SSS Annual Philhealth
2017 1,958,400.00 149,699.22 130,686.00 24,900.00
2018 2,056,320.00 #N/A #N/A #N/A
2019 2,159,136.00 #N/A #N/A #N/A
2020 2,267,092.80 #N/A #N/A #N/A
2021 2,380,447.44 #N/A #N/A #N/A
2017 2018 2019

Production Labor
Overhead
Selling, General & Administrative
EMPLOYER CONTRIBUTION
Employee Number Employee Position Monthly Salary
SSS HDMF
1 gm 20,000.00 1,090.00 200.00
2 ps 15 6,500.00 469.30 200.00
3 sec 8,000.00 575.30 200.00
4 pm 17,000.00 1,090.00 200.00
5 fm 20,000.00 1,090.00 200.00
6 sc 7,000.00 504.70 200.00
7 ic 10,000.00 716.70 200.00
8 ga 10,000.00 716.70 200.00
9 ca 10,000.00 716.70 200.00
10 cashier 8,000.00 575.30 200.00
11 sg (3) 9,700.00 681.30 200.00
12 sr 8,000.00 575.30 200.00
13 elect 11,000.00 787.30 200.00
14 driver 5,000.00 363.30 200.00
15 janitor 6,500.00 469.30 200.00
16 janitor 6,500.00 469.30 200.00
163,200.00 10,890.50 3,200.00
Employee Number Employee Position Monthly Salary EMPLOYER CONTRIBUTION

SSS HDMF
1 gm 21,000.00 1,090.00 200.00
2 ps 15 6,825.00 504.70 200.00
3 sec 8,400.00 610.70 200.00
4 pm 17,850.00 1,090.00 200.00
5 fm 21,000.00 1,090.00 200.00
6 sc 7,350.00 540.00 200.00
7 ic 10,500.00 752.00 200.00
8 ga 10,500.00 752.00 200.00
9 ca 10,500.00 752.00 200.00
10 cashier 8,400.00 610.70 200.00
11 sg (3) 10,185.00 716.70 200.00
12 sr 8,400.00 610.70 200.00
13 elect 11,550.00 822.70 200.00
14 driver 5,250.00 398.70 200.00
15 janitor 6,825.00 504.70 200.00
16 janitor 6,825.00 504.70 200.00
17 - #N/A #N/A
18 - #N/A #N/A
19 - #N/A #N/A
171,360.00 #N/A #N/A

SSS HDMF
1 gm 22,050.00 1,090.00 200.00
2 ps 15 7,166.25 504.70 200.00
3 sec 8,820.00 646.00 200.00
4 pm 18,742.50 1,090.00 200.00
5 fm 22,050.00 1,090.00 200.00
6 sc 7,717.50 540.00 200.00
7 ic 11,025.00 787.30 200.00
8 ga 11,025.00 787.30 200.00
9 ca 11,025.00 787.30 200.00
10 cashier 8,820.00 646.00 200.00
11 sg (3) 10,694.25 752.00 200.00
12 sr 8,820.00 646.00 200.00
13 elect 12,127.50 858.00 200.00
14 driver 5,512.50 398.70 200.00
15 janitor 7,166.25 504.70 200.00
16 janitor 7,166.25 504.70 200.00
17 - #N/A #N/A
18 - #N/A #N/A
19 - #N/A #N/A
179,928.00 #N/A #N/A

SSS HDMF
1 23,152.50 1,090.00 200.00
2 7,524.56 540.00 200.00
3 9,261.00 681.30 200.00
4 19,679.63 1,090.00 200.00
5 23,152.50 1,090.00 200.00
6 8,103.38 575.30 200.00
7 11,576.25 822.70 200.00
8 11,576.25 822.70 200.00
9 11,576.25 822.70 200.00
10 9,261.00 681.30 200.00
11 11,228.96 787.30 200.00
12 9,261.00 681.30 200.00
13 12,733.88 893.30 200.00
14 5,788.13 434.00 200.00
15 7,524.56 540.00 200.00
16 7,524.56 540.00 200.00
17 - #N/A #N/A
18 - #N/A #N/A
19 - #N/A #N/A
188,924.40 #N/A #N/A

SSS HDMF
1 24,310.13 1,090.00 200.00
2 7,900.79 575.30 200.00
3 9,724.05 681.30 200.00
4 20,663.61 1,090.00 200.00
5 24,310.13 1,090.00 200.00
6 8,508.54 610.70 200.00
7 12,155.06 858.00 200.00
8 12,155.06 858.00 200.00
9 12,155.06 858.00 200.00
10 9,724.05 681.30 200.00
11 11,790.41 858.00 200.00
12 9,724.05 681.30 200.00
13 13,370.57 964.00 200.00
14 6,077.53 434.00 200.00
15 7,900.79 575.30 200.00
16 7,900.79 575.30 200.00
17 - #N/A #N/A
18 - #N/A #N/A
19 - #N/A #N/A
198,370.62 #N/A #N/A
Annual HDMF Total
38,400.00 2,302,085.22
#N/A #N/A
#N/A #N/A
#N/A #N/A
#N/A #N/A
2020 2021
MPLOYER CONTRIBUTION
Monthly Salary, net of (SSS, HDMF, Philhealth)
PHILHEALTH WHT
250.00 2,663.10 18,460.00
87.50 153.15 5,743.20 163,791.00
100.00 299.87 7,124.70
212.50 2,082.71 15,497.50 43,022.46 204,000.00
250.00 2,663.10 18,460.00
87.50 222.84 6,207.80
125.00 666.59 8,958.30 29,099.88 120,000.00
125.00 666.59 8,958.30
125.00 666.59 8,958.30
100.00 299.87 7,124.70
112.50 616.17 8,706.20
100.00 299.87 7,124.70
137.50 849.97 9,875.20 23,697.24 132,000.00
87.50 18.22 4,349.20
87.50 153.15 5,743.20 10,919.40 78,000.00
87.50 153.15 5,743.20
270,529.98 534,000.00
2,075.00 12,474.94

PHILHEALTH WHT
262.50 2,959.35 19,447.50
87.50 196.59 6,032.80 177,982.20
100.00 372.79 7,489.30
212.50 2,029.35 16,347.50 42,382.20 232,050.00
262.50 2,959.35 19,447.50
87.50 270.05 6,522.50
125.00 759.53 9,423.00 31,062.36 126,000.00
125.00 759.53 9,423.00
125.00 759.53 9,423.00
100.00 372.79 7,489.30
125.00 703.59 9,143.30
100.00 372.79 7,489.30
137.50 805.78 10,389.80 23,591.76 138,600.00
87.50 39.68 4,563.80
87.50 196.59 6,032.80 11,865.48 81,900.00
87.50 196.59 6,032.80
#N/A #N/A #N/A
#N/A #N/A #N/A 286,884.00 578,550.00
#N/A #N/A #N/A
#N/A #N/A #N/A

PHILHEALTH WHT
275.00 3,270.60 20,485.00
87.50 247.78 6,374.05 187,195.95
100.00 449.73 7,874.00
225.00 2,293.35 17,227.50 45,700.20 243,652.50
275.00 3,270.60 20,485.00
87.50 252.93 6,890.00
137.50 854.97 9,900.20 33,204.84 132,300.00
137.50 854.97 9,900.20
137.50 854.97 9,900.20
100.00 449.73 7,874.00
125.00 798.38 9,617.25
100.00 449.73 7,874.00
150.00 938.21 10,919.50 25,754.46 145,530.00
87.50 65.93 4,826.30
87.50 247.78 6,374.05 12,479.73 85,995.00
87.50 247.78 6,374.05
#N/A #N/A #N/A
#N/A #N/A #N/A 304,335.18 607,477.50
#N/A #N/A #N/A
#N/A #N/A #N/A

PHILHEALTH WHT
287.50 3,941.14 21,575.00
87.50 214.34 6,697.06 187,531.65
112.50 528.37 8,267.20
237.50 2,570.74 18,152.13 49,178.85 255,835.13
287.50 3,597.60 21,575.00
100.00 320.55 7,228.08
137.50 812.34 10,416.05 33,542.91 138,915.00
137.50 812.34 10,416.05
137.50 812.34 10,416.05
112.50 528.37 8,267.20
137.50 734.37 10,104.16
112.50 528.37 8,267.20
150.00 1,080.97 11,490.58 27,891.29 152,806.50
87.50 51.66 5,066.63
87.50 214.34 6,697.06 12,502.11 90,294.75
87.50 214.34 6,697.06
#N/A #N/A #N/A
#N/A #N/A #N/A 310,646.81 637,851.38
#N/A #N/A #N/A
#N/A #N/A #N/A

PHILHEALTH WHT
300.00 3,941.14 22,720.13
87.50 282.53 7,037.99 206,159.06
112.50 620.98 8,730.25
250.00 2,862.18 19,123.61 52,826.18 268,626.88
300.00 3,941.14 22,720.13
100.00 394.50 7,597.84
150.00 945.10 10,947.06 36,133.15 145,860.75
150.00 945.10 10,947.06
150.00 945.10 10,947.06
112.50 620.98 8,730.25
137.50 857.06 10,594.91
112.50 620.98 8,730.25
162.50 1,219.35 12,044.07 30,550.17 160,446.83
87.50 95.07 5,356.03
87.50 282.53 7,037.99 13,743.94 94,809.49
87.50 282.53 7,037.99
#N/A #N/A #N/A
#N/A #N/A #N/A 339,412.50 669,743.94
#N/A #N/A #N/A
#N/A #N/A #N/A
SSS Contribution Schedule
Monthly
Range of
Salary Employer - Employee
Compensation
Credit SOCIAL SECURITY
ER
1,000.00 - 1,249.99 1,000.00 70.70
1,250.00 - 1,749.99 1,500.00 106.00
1,750.00 - 2,249.99 2,000.00 141.30
2,250.00 - 2,749.99 2,500.00 176.70
2,750.00 - 3,249.99 3,000.00 212.00
3,250.00 - 3,749.99 3,500.00 247.30
3,750.00 - 4,249.99 4,000.00 282.70
4,250.00 - 4,749.99 4,500.00 318.00
4,750.00 - 5,249.99 5,000.00 353.30
5,250.00 - 5,749.99 5,500.00 388.70
5,750.00 - 6,249.99 6,000.00 424.00
6,250.00 - 6,749.99 6,500.00 459.30
6,750.00 - 7,249.99 7,000.00 494.70
7,250.00 - 7,749.99 7,500.00 530.00
7,750.00 - 8,249.99 8,000.00 565.30
8,250.00 - 8,749.99 8,500.00 600.70
8,750.00 - 9,249.99 9,000.00 636.00
9,250.00 - 9,749.99 9,500.00 671.30
9,750.00 - 10,249.99 10,000.00 706.70
10,250.00 - 10,749.99 10,500.00 742.00
10,750.00 - 11,249.99 11,000.00 777.30
11,250.00 - 11,749.99 11,500.00 812.70
11,750.00 - 12,249.99 12,000.00 848.00
12,250.00 - 12,749.99 12,500.00 883.30
12,750.00 - 13,249.99 13,000.00 918.70
13,250.00 - 13,749.99 13,500.00 954.00
13,750.00 - 14,249.99 14,000.00 989.30
14,250.00 - 14,749.99 14,500.00 1,024.70
14,750.00 - 30,000.00 15,000.00 1,060.00
1
HDMF Contribution
Salary Bracket Range of Compensation Employer Contribution

1 4999.99 - Below 4% of Monthly Salary
2 5000 - Above 200
Philhealth Contribution
Salary Bracket Salary Range Salary Based

0 1000 1000
1 7,999.99 and below 7,000.00
2 8,000.00 - 8,999.99 8,000.00
3 9,000.00 - 9,999.99 9,000.00
4 10,000.00 - 10,999.99 10,000.00
5 11,000.00 - 11,999.99 11,000.00
0.64 6 12,000.00 - 12,999.99 12,000.00
7 13,000.00 - 13,999.99 13,000.00
8 14,000.00 - 14,999.99 14,000.00
9 15,000.00 - 15,999.99 15,000.00
10 16,000.00 - 16,999.99 16,000.00
11 17,000.00 - 17,999.99 17,000.00
12 18,000.00 - 18,999.99 18,000.00
13 19,000.00 - 19,999.99 19,000.00
14 20,000.00 - 20,999.99 20,000.00
15 21,000.00 - 21,999.99 21,000.00
16 22,000.00 - 22,999.99 22,000.00
17 23,000.00 - 23,999.99 23,000.00
18 24,000.00 - 24,999.99 24,000.00
19 25,000.00 - 25,999.99 25,000.00
20 26,000.00 - 26,999.99 26,000.00
21 27,000.00 - 27,999.99 27,000.00
22 28,000.00 - 28,999.99 28,000.00
23 29,000.00 - 29,999.99 29,000.00
24 30,000.00 - 30,999.99 30,000.00
25 31,000.00 - 31,999.99 31,000.00
26 32,000.00 - 32,999.99 32,000.00
27 33,000.00 - 33,999.99 33,000.00
28 34,000.00 - 34,999.99 34,000.00
29 35,000.00 and up 35,000.00
1 2 3 4
Exemption 0 0 41.67 208.33
+ 0 % Over + 5 % Over + 10 % Over + 15% Over
S/ME 1 4167 5000 6667
Initial Additional (Excess)

4166 - 0 - 0.05
4999.99 - 4167 - 0.1
6666.99 - 5000 41.67 0.15
9999.99 - 6667 208.33 0.2
15832.99 - 10000 708.33 0.25
24999.99 - 15833 1,875.00 0.3
45832.99 - 25000 4,166.67 0.32
Employee
Monthly
Number
Salary, net of (SSS, HDMF, Philhealth) WHT Total
1 18,460.00 1875 788.10 2663.1
2 5,743.20 41.67 111.48 153.15
3 7,124.70 208.33 91.54 299.87
4 15,497.50 708.33 1,374.38 2082.705
5 18,460.00 1875 788.10 2663.1
6 6,207.80 41.67 181.17 222.84
7 8,958.30 208.33 458.26 666.59
8 8,958.30 208.33 458.26 666.59
9 8,958.30 208.33 458.26 666.59
10 7,124.70 208.33 91.54 299.87
11 8,706.20 208.33 407.84 616.17
12 7,124.70 208.33 91.54 299.87
13 9,875.20 208.33 641.64 849.97
14 4,349.20 0 18.22 18.22
15 5,743.20 41.67 111.48 153.15
16 5,743.20 41.67 111.48 153.15
17 5,743.20 41.67 111.48 153.15
18 5,743.20 41.67 111.48 153.15
19 5,743.20 41.67 111.48 153.15
mployer - Employee SE / VM / OFW
OCIAL SECURITY EC Total Contribution Total Contribution
EE TOTAL ER ER EE Total
33.30 104.00 10.00 80.70 33.30 114.00 104.00
50.00 156.00 10.00 116.00 50.00 166.00 156.00
66.70 208.00 10.00 151.30 66.70 218.00 208.00
83.30 260.00 10.00 186.70 83.30 270.00 260.00
100.00 312.00 10.00 222.00 100.00 322.00 312.00
116.70 364.00 10.00 257.30 116.70 374.00 364.00
133.30 416.00 10.00 292.70 133.30 426.00 416.00
150.00 468.00 10.00 328.00 150.00 478.00 468.00
166.70 520.00 10.00 363.30 166.70 530.00 520.00
183.30 572.00 10.00 398.70 183.30 582.00 572.00
200.00 624.00 10.00 434.00 200.00 634.00 624.00
216.70 676.00 10.00 469.30 216.70 686.00 676.00
233.30 728.00 10.00 504.70 233.30 738.00 728.00
250.00 780.00 10.00 540.00 250.00 790.00 780.00
266.70 832.00 10.00 575.30 266.70 842.00 832.00
283.30 884.00 10.00 610.70 283.30 894.00 884.00
300.00 936.00 10.00 646.00 300.00 946.00 936.00
316.70 988.00 10.00 681.30 316.70 998.00 988.00
333.30 1,040.00 10.00 716.70 333.30 1,050.00 1,040.00
350.00 1,092.00 10.00 752.00 350.00 1,102.00 1,092.00
366.70 1,144.00 10.00 787.30 366.70 1,154.00 1,144.00
383.30 1,196.00 10.00 822.70 383.30 1,206.00 1,196.00
400.00 1,248.00 10.00 858.00 400.00 1,258.00 1,248.00
416.70 1,300.00 10.00 893.30 416.70 1,310.00 1,300.00
433.30 1,352.00 10.00 928.70 433.30 1,362.00 1,352.00
450.00 1,404.00 10.00 964.00 450.00 1,414.00 1,404.00
466.70 1,456.00 10.00 999.30 466.70 1,466.00 1,456.00
483.30 1,508.00 10.00 1,034.70 483.30 1,518.00 1,508.00
500.00 1,560.00 30.00 1,090.00 500.00 1,590.00 1,560.00
mployer Contribution
% of Monthly Salary
Total Mont Employee SEmployer Share

87.50
175.00 87.50 87.50
200.00 100.00 100.00
225.00 112.50 112.50
250.00 125.00 125.00
275.00 137.50 137.50
300.00 150.00 150.00
325.00 162.50 162.50 12404.28
350.00 175.00 175.00
375.00 187.50 187.50
400.00 200.00 200.00
425.00 212.50 212.50
450.00 225.00 225.00
475.00 237.50 237.50
500.00 250.00 250.00
525.00 262.50 262.50
550.00 275.00 275.00
575.00 287.50 287.50
600.00 300.00 300.00
625.00 312.50 312.50
650.00 325.00 325.00
675.00 337.50 337.50
700.00 350.00 350.00
725.00 362.50 362.50
750.00 375.00 375.00
775.00 387.50 387.50
800.00 400.00 400.00
825.00 412.50 412.50
850.00 425.00 425.00
875.00 437.50 437.50
5 6 7 8
708.33 1,875.00 4,166.67 ###
+ 20 % Ove+ 25 % Ove+ 30 % Over + 32 % Over
10000 15833 25000 45833
ditional (Excess)
Monthly
Employee
Salary,
Numbernet of (SSS, HDMF, Philhealth) WHT Total Monthly
EmployeeSalary,
Numbernet of (SSS, HDMF, Philhealth)
1 19,447.50 1875 1,084.35 2959.35 1 20,485.00
2 6,032.80 41.67 154.92 196.59 2 6,374.05
3 7,489.30 208.33 164.46 372.79 3 7,874.00
4 16,347.50 1875 154.35 2029.35 4 17,227.50
5 19,447.50 1875 1,084.35 2959.35 5 20,485.00
6 6,522.50 41.67 228.38 270.045 6 6,890.00
7 9,423.00 208.33 551.20 759.53 7 9,900.20
8 9,423.00 208.33 551.20 759.53 8 9,900.20
9 9,423.00 208.33 551.20 759.53 9 9,900.20
10 7,489.30 208.33 164.46 372.79 10 7,874.00
11 9,143.30 208.33 495.26 703.59 11 9,617.25
12 7,489.30 208.33 164.46 372.79 12 7,874.00
13 10,389.80 708.33 97.45 805.78 13 10,919.50
14 4,563.80 0 39.68 39.68 14 4,826.30
15 6,032.80 41.67 154.92 196.59 15 6,374.05
16 6,032.80 41.67 154.92 196.59 16 6,374.05
17 #N/A #N/A #N/A #N/A 17 #N/A
18 #N/A #N/A #N/A #N/A 18 #N/A
19 #N/A #N/A #N/A #N/A 19 #N/A
t of (SSS, HDMF, Philhealth) WHT Total Monthly
EmployeeSalary,
Numbernet of (SSS, HDMF, Philhealth)
1875 1,395.60 3270.6 1 21,575.00 1875 1,722.60
41.67 206.11 247.7775 2 6,697.06 208.33 6.01
208.33 241.40 449.73 3 8,267.20 208.33 320.04
1875 418.35 2293.35 4 18,152.13 1875 695.74
1875 1,395.60 3270.6 5 21,575.00 1875 1,722.60
208.33 44.60 252.93 6 7,228.08 208.33 112.22
208.33 646.64 854.97 7 10,416.05 708.33 104.01
208.33 646.64 854.97 8 10,416.05 708.33 104.01
208.33 646.64 854.97 9 10,416.05 708.33 104.01
208.33 241.40 449.73 10 8,267.20 208.33 320.04
208.33 590.05 798.38 11 10,104.16 708.33 26.04
208.33 241.40 449.73 12 8,267.20 208.33 320.04
708.33 229.88 938.205 13 11,490.58 708.33 372.64
0 65.93 65.93 14 5,066.63 41.67 9.99
41.67 206.11 247.7775 15 6,697.06 208.33 6.01
41.67 206.11 247.7775 16 6,697.06 208.33 6.01
#N/A #N/A #N/A 17 #N/A #N/A #N/A
#N/A #N/A #N/A 18 #N/A #N/A #N/A
#N/A #N/A #N/A 19 #N/A #N/A #N/A
WHT Total Monthly
Employee
Salary,
Numbernet of (SSS, HDMF, Philhealth) WHT Total
3597.6 1 22,720.13 1875 2,066.14 3941.1375
214.3425 2 7,037.99 208.33 74.20 282.52813
528.37 3 8,730.25 208.33 412.65 620.98
2570.7375 4 19,123.61 1875 987.18 2862.1819
3597.6 5 22,720.13 1875 2,066.14 3941.1375
320.545 6 7,597.84 208.33 186.17 394.49875
812.3425 7 10,947.06 708.33 236.77 945.09563
812.3425 8 10,947.06 708.33 236.77 945.09563
812.3425 9 10,947.06 708.33 236.77 945.09563
528.37 10 8,730.25 208.33 412.65 620.98
734.37063 11 10,594.91 708.33 148.73 857.05766
528.37 12 8,730.25 208.33 412.65 620.98
1080.9738 13 12,044.07 708.33 511.02 1219.3472
51.66375 14 5,356.03 41.67 53.40 95.074688
214.3425 15 7,037.99 208.33 74.20 282.52813
214.3425 16 7,037.99 208.33 74.20 282.52813
#N/A 17 #N/A #N/A #N/A #N/A
#N/A 18 #N/A #N/A #N/A #N/A
#N/A 19 #N/A #N/A #N/A #N/A
Particulars Cost
Land
Land Improvements
Buildings
Building Improvements
Plant & Equipment
Computer & Office Equipment
Furnitures & Fixtures
Vehicles
Total -
1 Land
Add: Direct Cost -
1
2
3
4
5
Total Cost -
2 Land Improvements:
Total Cost -
3 Building
Add: Direct Cost -
Total Cost -
4 Building Improvements:
Total Cost: -
5 Plant & Equipments:

SS Rotorvane 8" 280,280.02
CTC Machine (3Cut) Pair 8" Roller (8-10-8 TPI)
DF Furnance
Drier (Conventional)
Humidifier
Mydellton Sorter
Fibre Extractor
Vibro Sorter
Residual Life Annual Depreciation

Financial Aspect Salaries and Contrib

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Financial Aspect Salaries and Contrib

Uploaded by

Copyright:

Available Formats

NAME OF COMPANY

Projected Statement of Financial Positi

NON CURRENT ASSETS

TOTAL ASSETS #REF!

LIABILITIES & CAPITAL

NON CURRENT LIABILITIES

TOTAL LIABILITIES & CAPITAL (12,000,000.00)

2018 2019 2020 2021

(9,164,740.00) (9,144,740.00) (9,144,740.00) (9,144,740.00)

11,465,000.00 11,465,000.00 11,465,000.00 11,465,000.00

#REF! #REF! #REF! #REF!

(12,000,000.00) (12,000,000.00) (12,000,000.00) (12,000,000.00)

(12,000,000.00) (12,000,000.00) (12,000,000.00) (12,000,000.00)

#REF! #REF! #REF! #REF!

Capital Contribution Retained Earnings Total PROOF

Profit after tax

Profit before changes in working capital

(Increase)/Decrease in Current Assets

Net Cash Flows from Operating Activities

Net Cash Flows from Investing Activities

Net Cash Flow from Financing

Net Cash Inflow/Outflow

Beginning Cash Balance

2017 2018 2019 2020

#REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF!

10500 Property, Plant and Equipment, net 11,465,000.00

Total Assets #REF!

20100 Trade and Other Payables -

30100 Partner's Contribution (12,000,000.00)

Total Liabilities and Capital (12,000,000.00)

Cash and Cash Equivalent (9,164,740.00)

Prepayments and Other Current Assets 309,000.00

Property, Plant & Equipment, net 11,465,000.00

Intangibles and Other Non Current Assets (15,000.00)

Trade and Other Payables -

Long term Borrowings and other Non Current Liabililities -

Partner's Contribution Balance (12,000,000.00)

50110 Cost of Sales -

40210 Other Income

11,465,000.00 11,465,000.00 11,465,000.00 11,465,000.00

#REF! #REF! #REF! #REF!

(12,000,000.00) (12,000,000.00) (12,000,000.00) (12,000,000.00)

(12,000,000.00) (12,000,000.00) (12,000,000.00) (12,000,000.00)

(9,164,740.00) (9,144,740.00) (9,144,740.00) (9,144,740.00)

#REF! #REF! #REF! #REF!

309,000.00 309,000.00 309,000.00 309,000.00

11,465,000.00 11,465,000.00 11,465,000.00 11,465,000.00

(15,000.00) (15,000.00) (15,000.00) (15,000.00)

(12,000,000.00) (12,000,000.00) (12,000,000.00) (12,000,000.00)

PETTY CASH FUND

OTHER CURRENT RECEIVABLE

Office Supplies - Papers, Postage and Stamps

Short Term Investments

Accumulated Depreciation - Bldg

Accumulated Depreciation - Bldg Improvements

Machineries & Equipments

Accumulated Depreciation - Office Equipments

Furnitures & Fixtures

Accumulated Depreciation - Furnitures & Fixtures

Accumulated Depreciation - Vehicles