Financials Start up Cost Source of Funds EquityLoans $20K$25K $45K Operational costs Fixed$43,085$113,700$281,840 Variable$29,570$163,220$460,975 Breakeven < 2 years Units$ 53,713$327,606

For the years ending in April Net Sales$55,344$323,204$970,264 Cost of Sales$28,528$205,493$488,451 Gross Profit$26,816$117,711$481,813 Sales & marketing expenses$29,967$57,427$216,424 General & administrative expenses$12,940$12,180$35,120 EBITDA-$16,091$48,104$230,269 Depreciation expense$1,220$1,820$2,820 EBIT-$17,311$46,284$227,449 Interest expense$1,500$4,500$6,000 Income tax expense$0$10,446$55,362 Net Profit (Loss)-$18,811$31,338$166,086 Income statement

As of April 30th Assets Current assets Cash$4,428$21,352$126,304 Trade and other receivables$13,836$64,641$145,540 Prepaid expenses$1,200$0 Inventories$4,612$26,934$80,855 Total current assets$24,076$112,926$352,699 Property, Plant & Equipment$4,880$6,060$8,240 Total assets$28,956$118,986$360,939 Liabilities Current liabilities Trade and other payables$2,767$16,160$97,026 1for1$1,042$6,685$20,839 Total current liabilities$3,809$22,845$117,865 Long term debt$25,000$75,000$100,000 Total liabilities$28,809$97,845$217,865 Total equity$147$21,141$143,074 Total equity & liabilities$28,956$118,986$360,939 Balance sheet

Cash flow As of April 30th Cash flows from operating activies Net income (loss) -$18,811$31,338$166,086 Depreciation expense $1,220$1,820$2,820 Change in trade & other receivables -$13,836-$50,505-$80,899 Change in inventories -$4,612-$22,322-$53,922 Change in prepayments -$1,200$1,200$0 Change in trade & other payables $2,767$13,393$80,866 Net cash from (used in ) operating activies -$34,472-$25,076$114,952 Cash flows from investing activies Acquisition of property, plant, equipment -$6,100-$3,000-$5,000 Net cash used in investing activies -$6,100-$3,000-$5,000 Cash flows from financing activies Advances of loans $25,000$50,000$25,000 Repayment of loans $0 Sale (purchase) of shares $20,000-$5,000-$30,000 Net cash from (used in) financing activies $45,000 -$5,000 Net increase (decrease) in cash $4,428$16,924$104,952 Cash position, beginning of period $0$4,428$21,352 Cash position, end of period $4,428$21,352$126,304