Biodiesel Business Financial Plan

l pabiodiesel financial plan Start-up set downs Land to subvert Office to buy return expenses Design works $10 000 lying military operations $200 000 Placing into operation $53 000 oil color processing equipment (incl. store and loading) $ ascorbic acid 000 Seed storage equipment (incl. installation) $350 000 Glycerol purification equipment (including installation) $0 000 Tanks $100 000 Biodiesel production equipment (incl. delivery and installation ) $250 000 Utility network $000 Advertising/ furtherance $5 000 Land leasing $0 Raw materials (1 quarter of operations) $660 000 Salaries $353 000 Biodiesel production cost (chemicals, utilities, maintenance for 1 quarter) $84 000 Rent $0 Total Start-up Expenses $000 Start-up Assets necessitate silver Balance on Starting Date Start-up Inventory $0 Other original Assets $0 Total Current Assets $0 long-run Assets $0 Total Assets $0 Total Requirements $3 095 000 gross revenue accountSales 2007 2008 2009 2010 2011 expenditure per ton totality Price per ton Sum Price per ton Sum Price per ton Sum Price per ton Sum Biodiesel $2 800 000 $700 $2 800 000 $2 800 000 $700 $ Glycerol $280 000 $700 $280 000 $700 $280 000 $280 000 $0 $280 000 Seeds $0 $220 $220 $0 $0 $220 $0 Press streak $ clxxx $1 440 000 $180 $1 440 000 $180 $1 440 000 $180 $1 440 000 $180 $1 440 000 Total Sales $4 520 000 $4 520 000 $4 520 000 $4 520 000 $4 520 000 charge terms of Sales 2006 2007 2008 2009 2010 Seeds $220 $2 640 000 $220 $220 $2 640 000 $220 Oil $600 $0 $600 $0 $600 $0 $600 $0 600 $0 Subtotal Direct approach of Sales $2 640 000 $2 640 000 $2 640 000 $2 640 000 $2 640 000 Sales and costs in tons Biodiesel Glycerol $700 cd $700 400 $700 400 $700 400 $700 400 Seeds from own farm $220 $220 $220 $220 $220 Press cake $180 $180 8 000 $180 8 000 $180 8 000 $180 8 000 Total sales, ton 12 400 12 400 12 400 12 400 Procurement of mad materials 0 0 Seeds $220 12 000 $220 12 000 $220 $220 12 000 $220 12 000 Oil $600 $600 $600 $600 $600 Total, raw materials, ton 12 000 12 000 12 000 Personnel fancy Daily wage 2007 2008 2009 2010 2011 Director general $100 $24 000 $24 000 $24 000 $24 000 $24 000 toil and procurement director $24 000 $24 000 $24 000 Farm supervisor $24 000 $24 000 $24 000 Sales manager Controller Chief Technologist $80 $19 200 $19 200 Secretary $56 $13 440 $13 440 Operators, production, 5 employees $56 $67 200 $67 200 $67 200 $67 200 Laboratory technician, 1 employee $13 440 $13 440 $13 440 $13 440 $13 440 Farming, 5 employee $67 200 $67 200 $67 200 $67 200 Drivers, 2 employee $56 $26 880 $26 880 $26 880 $26 880 Electrical fitter $56 $13 440 $13 440 $13 440 $13 440 Storeman, 2 employee $56 $26 880 $26 880 $26 880 $26 8 80 $26 880 Total Payroll $353 000 $353 000 $353 000 $353 000 $353 000 Production headcount 5 5 5 5 5 ROI summary 2007 2008 2009 2010 2011 Sales $4 520 000 $4 520 000 $4 520 000 $4 520 000 $4 520 000 Cost of Sales $3 326 000 $3 326 000 $3 326 000 Gross Margin $1 186 000 $1 194 000 $1 194 000 $1 194 000 $1 194 000 Gross Margin % 26. 24% 26. 42% 26. 42% 26. 42% 26. 2% Operating Expenses $434 667 $hundred and one 667 $101 667 $101 667 $121 667 Operating Income $751 333 $1 092 333 $1 072 333 crystallize Income $470 283 $708 983 $750 633 pull in Income to investor $244 639 $368 809 $368 809 Current Assets $3 029 283 $3 804 933 $4 339 917 $5 115 567 $5 137 867 long-run Assets $843 333 $776 667 $710 000 $643 333 $576 667 long Liabilities $795 000 $795 000 $795 000 $795 000 $0 Equity $3 077 617 $3 786 600 $4 254 917 $4 963 900 $5 714 533 ROE 0. 15 0. 19 0. 17 0. 14 0. 13 ROI 0. 11 0. 16 0. 16 0. 16 0. 17 Shares offered to i nvestor 52. 2% Investor financing 74. 31% Loan financing 25. 69% Pro Forma Profit and release 2007 2008 2009 2010 2011 Sales $4 520 000 $4 520 000 $4 520 000 $4 520 000 $4 520 000 Cost of raw materials $2 640 000 $2 640 000 $2 640 000 Farm maintenance (fuel, fertilizer, etc) $5 000 $5 000 $5 000 $5 000 $5 000 Production Payroll $353 000 $353 000 $353 000 $353 000 $353 000 methyl alcohol Potassium hydroxide $8 000 $8 000 $8 000 $8 000 Utilities $80 000 $80 000 $80 000 $80 000 Equipment Maintenance $8 000 $0 $0 $0 Cost of Goods Sold $3 334 000 $3 326 000 $3 326 000 $3 326 000 $3 326 000 Gross Margin $1 186 000 $1 194 000 $1 194 000 $1 194 000 $1 194 000 Gross Margin % 26. 24% 26. 42% 26. 42% 26. 42% 26. 42% Other Expenses Design works $10 000 $0 $0 $0 Renovation expenses $100 000 $20 000 Assembly operations $10 000 $10 000 $10 000 Placing into operation $53 000 $5 000 $5 000 $5 000 $5 000 Adverti sing/Promotion $5 000 $20 000 $20 000 $20 000 $20 000 Depreciation (service life 12 years) $66 667 $66 667 $66 667 $66 667 $66 667 Land leasing $0 $0 $0 $0 $0 Rent $0 $0 $0 $0 $0 Total Other expenses $434 667 $101 667 $101 667 $101 667 $121 667 Profit in the lead Interest and Taxes $751 333 $1 092 333 $1 092 333 $1 092 333 $1 072 333 Interest Expense $79 viosterol $79 500 $79 500 $79 500 $0 Taxes Incurred $201 550 $303 850 $303 850 $303 850 $321 700 Other Expense Net Profit $708 983 $708 983 $750 633 Net Profit/Sales 10. 40% 15. 69% 15. 69% 15. 69% 16. 61% Pro Forma Cash Flow 2007 2008 2009 2010 2011 Cash from trading operations Cash Sales $3 164 000 $3 164 000 Cash from Receivables $1 356 000 $1 356 000 $1 356 000 $1 356 000 $1 356 000 Subtotal Cash from Operations $4 520 000 Additional Cash sure Sales Tax, VAT, HST/GST Received $0 $0 $0 $0 $0 Loan $795 000 $0 $0 $0 $0 New enthronisation Receiv ed $2 300 000 $0 $0 $0 $0 Subtotal Cash Received $7 615 000 $4 520 000 $4 520 000 $4 520 000 $4 520 000 Expenditures 2007 2008 2009 2010 2010 Expenditures from Operations Salaries $353 000 Payment of Accounts Payable $2 973 000 Subtotal Spent on Operations $3 334 000 $3 326 000 $3 326 000 $3 326 000 $3 326 000 Additional Cash Spent Sales Tax Paid Out $321 700 Principal repayment (loan) $795 000 Design works $10 000 $0 $0 $0 Renovation expenses $0 $0 Assembly operations $10 000 $10 000 Placing into operation $53 000 $5 000 $5 000 Advertising/Promotion $5 000 $20 000 $20 000 $20 000 $20 000 Land leasing $0 $0 $0 $0 $0 Rent $0 $0 $0 $0 $0 Interest Expense $79 500 $79 500 $79 500 $79 500 $0 Purchase Long-term Assets $0 $0 Subtotal Cash Spent $3 744 350 $4 497 700 Net Cash Flow $2 788 617 $842 317 $842 317 317 $88 967 Cash Balance $2 788 617 $3 564 267 $4 339 917 $5 115 567 $5 137 867 annual Break-even, rafts 961. 34 961. 34 961. 34 961. 34 Assumptions Average Per Tone taxation $1 130. 00 $1 130. 00 Average Per Tone Variable Cost $742. 00 $742. 00 $742. 00 $742. 00 Estimated Annual Fixed Cost $373 000 $373 000