TEXTUAL SUMMARY REPORT
	Date prepared:	05-Jan-04
	The following assumption and financial reports for ANY CORP INC
	cover the year commencing in Jan 2004. They have been derived from
	the detailed assumptions in Cashflow Plan's monthly reports.
	ASSUMPTIONS  - ANY CORP INC
	This report covers the twelve months to end Dec 2004 and has been
	based on detailed monthly projections and assumptions.
	The following table and chart summarize sales projections for the year:
		Quarter Ends in Year to Dec 2004				Annual
	Sales	1 Qtr	2 Qtr	3 Qtr	4 Qtr	Total
		$000	$000	$000	$000	$000
	Product Group:
	- Group1	305.0	330.0	370.0	430.0	1,435.0
	- Group2	285.0	320.0	345.0	380.0	1,330.0
	Total sales	590.0	650.0	715.0	810.0	2,765.0
	% Quarterly changes	NA	10.2	10.0	13.3
	Projected inventory levels for the four quarters are as follows:
		Opening	Quarter Ends in Year to Dec 2004
	Inventories	Levels	1st	2nd	3rd	4th
		$000	$000	$000	$000	$000
	Materials/goods	145.0	145.0	145.0	145.0	145.0
	The projected average materials/goods cost percentages are as follows:
		Quarterly Averages for Year to Dec 2004				Annual
	Product Groups	1st	2nd	3rd	4th	Averages
		% Sales	% Sales	% Sales	% Sales	% Sales
	Group1	15.0	15.0	15.0	15.0	15.0
	Group2	30.0	30.0	30.0	30.0	30.0
	The projected headcounts at quarter ends are as follows:
			Quarter Ends in Year to Dec 2004
	Functions		1st	2nd	3rd	4th
			Nos	Nos	Nos	Nos
	Direct labor		12	15	18	23
	Indirect labor		10	10	10	10
	Sales		5	5	5	5
	Clerical		10	10	10	10
	Management		10	10	10	10
	Total headcount		47	50	53	58
	Direct costs and overhead expenses are summarized below.
				Quarters in Year to Dec 2004			Annual
	Cost  Analysis		1st	2nd	3rd	4th	Total
			$000	$000	$000	$000	$000
	Materials/packaging/goods		131.3	145.5	159.0	178.5	614.3
	Direct labor		36.3	46.2	56.1	70.4	209.0
	Other direct		37.5	47.5	52.5	66.0	203.5
	Total cost of sales		205.1	239.2	267.6	314.9	1,026.8
	Overhead expenses:
	Operational (indirect)		72.0	72.0	72.0	72.0	288.0
	Selling & freight		97.3	98.5	99.8	101.7	397.3
	Management/admin staff		150.0	150.0	150.0	150.0	600.0
	Administration		27.0	27.0	27.0	27.0	108.0
	Occupancy/general		43.5	43.5	43.5	43.5	174.0
	Total overhead expenses		389.8	391.0	392.3	394.2	1,567.3
	Total direct costs & expenses		594.9	630.2	659.9	709.1	2,594.1
	Proposed capital expenditure (excluding finance leasing) is summarized in the next table.
				Quarters in Year to Dec 2004			Annual
	Capital Expenditure		1st	2nd	3rd	4th	Total
			$000	$000	$000	$000	$000
	Total capital expenditure				150.0		150.0
	Changes in longterm debt and leasing are summarized below.
				Quarters in Year to Dec 2004			Annual
	Debt & Leasing		1st	2nd	3rd	4th	Total
			$000	$000	$000	$000	$000
	Increase in longterm debt/notes		50.0		250.0	250.0	550.0
	Longterm debt/note repayments		25.0	25.0	25.0	25.0	100.0
	Net changes in longterm debt/notes		25.0	(25.0)	225.0	225.0	450.0
	Increases in leases			75.0			75.0
	Lease repayments		30.0	38.0	38.0	8.0	114.0
	Net changes in leases		(30.0)	37.0	(38.0)	(8.0)	(39.0)
	Overall changes in loans & leases		(5.0)	12.0	187.0	217.0	411.0
	Other significant transactions during the year include the following:
				Quarters in Year to Dec 2004			Annual
	Other Transactions		1st	2nd	3rd	4th	Total
			$000	$000	$000	$000	$000
	Revenue grants/subsidies
	Proceeds of new stock issues		25.0		100.0		125.0
	Proceeds of fixed asset sales					35.0	35.0
	Dividends for current year
	The following key assumptions regarding rates etc. were used
	in compiling the projections for the year to end Dec 2004.
	Items		Value	Basis
	Depreciation		10.0	Annual % rates
	Interest rates (% pa):
	Cash at bank		4.0	Monthly average
	Short-term loans/line of credit		13.5	Monthly average
	Longterm debt/notes		12.5	Monthly average
	Working capital:
	Accounts receivable (days sales)		39	Based on full-yr sales
	Inventory (days sales)		19	Based on full-yr sales
	Accounts payable (days costs/exs)		26	Based on full-yr costs
	The projected monthly levels of inventory, receivables and payables
	are indicated below:
	CASHFLOW & FINANCIALS - ANY CORP INC
	CASHFLOW PROJECTIONS
	Based on detailed monthly projections, the net cash inflow for the
	year will be $339 000. The projected year-end bank position will
	be a $229 000 cash balance.
	The following table analyses cashflows for the year:
	Year to end Dec 2004				$000
	CASH RECEIPTS
	Cash sales & accounts receivable				2,863.5
	Proceeds of new stock issues				125.0
	Increases in longterm debt/notes				550.0
	Proceeds from sale of fixed assets				35.0
	VAT recovered from State
	Capital grants/subsidies received
	Revenue grants/subsidies received
	Miscellaneous income received				120.0
	Interest received				2.9
	Total cash receipts				3,696.4
	CASH PAYMENTS
	Materials/goods accounts payable				852.3
	Total direct cost payments				356.4
	Total overhead expense payments				1,459.7
	Taxes paid
	Dividends paid
	Finance lease debt repayments				114.0
	Finance lease interest paid				60.0
	Capital expenditure payments				195.0
	Operating lease  payments				66.0
	Longterm debt/note repayments				100.0
	VAT paid on overheads, capex etc.
	VAT paid to State				59.5
	Opening payroll taxes/benefits paid				25.0
	Changes in prepaid expenses				(10.0)
	Changes in accrued expenses				20.0
	Interest paid				59.2
	Total cash payments				3,357.1
	Net cashflow				339.4
	Closing net cash balance (deficit)				229.4
	The following chart highlights the monthly net cashflows and cash balances for the year: