6 Months         Opening 2005 2005 2005 2005 2005 2005   2005
to end Jul         Values Feb Mar  Apr May Jun Jul   6-Mths
MONTHLY ASSUMPTIONS No. 7 - OPENING BALANCE SHEET ITEMS, RECEIVABLES & PAYABLES
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Phasing out of opening          Opening values below entered via opening balance sheet                
   balance sheet items*           *Six-month totals for each item must equal opening value               Total
Accounts receivable ($000) ->> 35.0 20.0 10.0 5.0   35.0
Accounts payable ($000) ->> 30.0 15.0 7.0 5.0 3.0   30.0
Capital expend. creditors ($000) ->> 9.0   9.0   9.0
Payroll taxes/benefits payable ($000) ->> 5.0 5.0   5.0
Taxes due ($000) ->>      
Dividends due ($000) ->>        
                           
Collection patterns for payables       Months of credit given/taken:   Total  
 & receivables (during the 6 months)*       Under 1 1-2 2-3 3-4 4-5 5-6 %  
Accounts payable for material/packaging & goods                 
     (% distribution *) ->> 20.0 50.0 15.0 10.0 5.0   100.0  
Accounts receivable                
    (% distribution *) ->> 15.0 65.0 10.0 5.0 5.0   100.0  
      *Total for each row must equal 100%, otherwise an ERROR is indicated - Press F9 to check   100.0    
Supplementary Data & Calculations: