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	160.9	231.3	308.3	341.7	1,042.2
	- Group3	79.3	114.0	151.9	168.3	513.5
	- Group4	285.0	320.0	345.0	380.0	1,330.0
	Total sales	830.2	995.3	1,175.2	1,320.0	4,320.7
	% Quarterly changes	NA	19.9	18.1	12.3
	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
	Finished goods	126.3	143.7	172.9	200.4	219.6
	Materials/goods	120.0	120.0	120.0	120.0	120.0
	Total inventory	246.3	263.7	292.9	320.4	339.6
	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	35.4	39.8	37.0	36.8	37.3
	Group2	46.7	40.2	41.3	38.4	40.9
	Group3	43.0	37.0	38.0	35.3	37.7
	Group4	31.1	31.4	30.9	31.2	31.1
	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	21
	Indirect labor		10	10	10	10
	Supervisory staff		5	5	5	5
	Sales		5	5	5	5
	Clerical		10	10	10	10
	Management		10	10	10	10
	Research & development		5	5	5	5
	Total headcount		57	60	63	66
	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		292.3	345.5	408.6	453.9	1,500.4
	Direct labor		35.0	43.9	53.5	64.1	196.5
	Other direct		79.9	97.2	107.4	123.8	408.2
	Total cost of sales		407.2	486.6	569.5	641.8	2,105.1
	Overhead expenses:
	Operational (indirect)		96.0	96.0	96.0	96.0	384.0
	Selling & freight		110.4	115.4	120.8	125.1	471.6
	Management/admin staff		150.0	150.0	150.0	150.0	600.0
	Research & development		63.0	63.0	63.0	63.0	252.0
	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		489.9	494.9	500.3	504.6	1,989.6
	Total direct costs & expenses		897.1	981.5	1,069.8	1,146.4	4,094.7
	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 'other loans'			125.0			125.0
	'Other loan' repayments					25.0	25.0
	Net changes in 'other loans'			125.0		(25.0)	100.0
	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)	137.0	187.0	192.0	511.0
	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		300.0		325.0
	Proceeds of fixed asset sales					50.0	50.0
	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
	Bad debts		0.5	As percent sales
	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)		38	Based on full-yr sales
	Inventory (days sales)		25	Based on full-yr sales
	Accounts payable (days costs/exs)		29	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 $501 000. The projected year-end bank position will
	be a $391 000 cash balance.
	The following table analyses cashflows for the year:
	Year to end Dec 2004				$000
	CASH RECEIPTS
	Cash sales & accounts receivable				4,288.9
	Proceeds of new stock issues				325.0
	Increases in longterm debt/notes				550.0
	Increases in other loans				125.0
	Proceeds from sale of fixed assets				50.0
	VAT recovered from State				36.1
	Capital grants/subsidies received
	Revenue grants/subsidies received
	Miscellaneous income received				120.0
	Interest received				4.8
	Total cash receipts				5,499.8
	CASH PAYMENTS
	Materials/goods accounts payable				1,843.6
	Total direct cost payments				557.9
	Total overhead expense payments				1,864.4
	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
	'Other loan' repayments				25.0
	VAT paid on overheads, capex etc.
	VAT paid to State				20.5
	Opening payroll taxes/benefits paid				25.0
	Changes in prepaid expenses				(10.0)
	Changes in accrued expen