TEXTUAL SUMMARY REPORT
	Date prepared:	31-Dec-03
	The following three operational & financial reports for ANY CORP INC cover
	the months and years commencing in Feb 2005. They have been derived
	from the detailed assumptions in Exl-Plan's Monthly, Quarterly and Annual
	Reports.
	1.  FIRST-YEAR OPERATIONAL  REPORT - ANY CORP INC
	This First-Year Operational Report covers the twelve months to end Jan 2006
	based on detailed monthly projections and assumptions. The
	following table summarizes quarterly sales projections for this year:
		Quarter Ends in Year to Jan 2006				Annual
	Sales	1 Qtr	2 Qtr	3 Qtr	4 Qtr	Total
		$000	$000	$000	$000	$000
	Product Group:
	- Group1	61.0	66.0	74.0	86.0	287.0
	- Group2	57.0	64.0	69.0	76.0	266.0
	Total sales	118.0	130.0	143.0	162.0	553.0
	% Quarterly changes	NA	10.2	10.0	13.3
	This shows that Group1 will account for 52% of projected sales and that Group2 will
	account for the balance of 48%.
	Projected inventory levels for the four quarters are as follows:
		Opening	Quarter Ends in Year to Jan 2006
	Inventories	Levels	1st	2nd	3rd	4th
		$000	$000	$000	$000	$000
	Materials/goods	43.0	43.0	43.0	43.0	43.0
	The projected average materials/goods cost percentages for the four quarters are
	as follows:
		Quarterly Averages for Year to Jan 2006				Annual
	Product Groups	1st	2nd	3rd	4th	Averages
		% Sales	% Sales	% Sales	% Sales	% Sales
	Group1	41.0	41.0	41.0	41.0	41.0
	Group2	39.0	39.0	39.0	39.0	39.0
	Based on Cost of Materials (Assumption Report No. 2) as % Sales (Report No. 1)
	The projected headcounts at quarter ends are as follows:
			Quarter Ends in Year to Jan 2006
	Functions		1st	2nd	3rd	4th
			Nos	Nos	Nos	Nos
	Direct labor:
	- Group1		1	2	2	2
	- Group2		1	2	2	2
	Total direct labor		2	3	4	4
	Indirect labor		2	2	2	2
	Sales		1	1	1	1
	Clerical		1	1	1	1
	Management		1	1	1	1
	Total headcount		7	8	9	9
	Direct costs and overhead expenses are summarized below.
				Quarters in Year to Jan 2006			Annual
	Cost  Analysis		1st	2nd	3rd	4th	Total
			$000	$000	$000	$000	$000
	Materials/packaging/goods		47.2	52.0	57.3	64.9	221.4
	Direct labor		5.2	6.9	9.5	10.4	32.0
	Other direct		21.3	26.2	29.1	33.0	109.6
	Total Cost of sales		73.7	85.1	95.9	108.3	363.1
	Overhead expenses:
	Operational (indirect)		8.9	8.9	8.9	8.9	35.4
	Selling & freight		11.9	12.1	12.4	12.7	49.1
	Management/admin staff		8.3	8.3	8.3	8.3	33.0
	Administration		5.3	5.3	5.3	5.3	21.0
	Occupancy/general		2.6	2.6	2.6	2.6	10.2
	Total overhead expenses		36.8	37.0	37.3	37.6	148.7
	Total direct costs & expenses		110.5	122.2	133.1	145.9	511.7
	Proposed capital expenditure (excluding leasing) is summarized in the next table.
				Quarters in Year to Jan 2006			Annual
	Capital Expenditure		1st	2nd	3rd	4th	Total
			$000	$000	$000	$000	$000
	Land, buildings & improvements				30.0		30.0
	Plant, equipment & vehicles		10.0				10.0
	Total capital expenditure		10.0		30.0		40.0
	Changes in longterm debt and leasing are summarized below
				Quarters in Year to Jan 2006			Annual
	Debt & Leasing		1st	2nd	3rd	4th	Total
			$000	$000	$000	$000	$000
	Increase in longterm debt/notes		10.0		50.0	50.0	110.0
	Longterm debt/note repayments		5.0	5.0	5.0	5.0	20.0
	Net changes in longterm debt/notes		5.0	(5.0)	45.0	45.0	90.0
	Increases in leases			15.0			15.0
	Lease repayments		6.0	7.3	7.3	1.3	21.9
	Net changes in leases		(6.0)	7.7	(7.3)	(1.3)	(6.9)
	Overall changes in loans & leases		(1.0)	2.7	37.7	43.7	83.1
	Other significant transactions during the year include the following:
				Quarters in Year to Jan 2006			Annual
	Other Transactions		1st	2nd	3rd	4th	Total
			$000	$000	$000	$000	$000
	Proceeds of share issues		5.0				5.0
	Proceeds of fixed asset sales					10.0	10.0
	Dividends declared
	2.  FIRST-YEAR FINANCIAL  REPORT - ANY CORP INC
	This First-Year Financial Report covers the twelve months to end Jan 2006
	based on detailed monthly projections and assumptions.
	The following table analyses sales and gross margins by
	main product group for the full year:
		Total	Gross	Gross
	Year to end Jan 2006	Sales	Margin	Margin
		$000	$000	% Sales
	Product Group:
	- Group1	287.0	98.5	34.3
	- Group2	266.0	91.4	34.4
	Total	553.0	189.9	34.3
	This shows that Group1 will account for 52% of projected sales
	(52% of total gross margin) and that Group2 will account for the
	balance of 48% of sales (48% of total gross margin).
	The projected overall gross margin is 34%.
	Based on projected sales of $553 000, ANY CORP INC
	expects to report a pretax profit of $11 000 for the year.
	The following table analyses these projections:
	Year to end Jan 2006		$000	% Sales
	Sales		553.0	100
	Cost of sales		363.1	66
	Gross Margin		189.9	34
	Overhead expenses:
	-Operational (indirect)		35.4	6
	-Selling & freight		49.1	9
	-Management/admin staff		33.0	6
	-Administration		21.0	4
	-Occupancy/general		10.2	2
	Depreciation		13.1	2
	Operating lease payments		13.2	2
	Total operating expenses		174.9	32
	Income from operations		15.0	3
	Other income/expenses:
	-Profit (loss) disposal of fixed assets		8.0	1
	-Intangible asset amortization		12.0	2
	-Miscellaneous income		24.0	4
	Total other income (expenses)		20.0	4
	Earnings before interest & taxes		35.0	6
	Interest expense/income:
	-Interest expense		12.0	2
	-Lease interest expense		12.0	2
	-Interest income		0.3	0
	Net interest expense (income)		23.7	4
	Net income before taxes		11.3	2
	Based on detailed monthly projections, the net cash inflow
	for the twelve months will be $44 000. The projected year-end bank
	position will be a $31 000 cash balance.
	The next table compares the projected results with those for
	the previous year which ended in Jan 2005.
	Years ending:		Jan 2005	Jan 2006	Change
			$000	$000	%
	Sales		335.0	553.0	65
	Cost of sales		260.0	363.1	40
	Gross margin		75.0	189.9	153
	Total operating expenses		144.0	174.9	21
	Income from operations		(69.0)	15.0
	Other income, interest expense etc.		(7.0)	(3.7)
	Net income before taxes		(76.0)	11.3
	Taxes			0.8
	Net income		(76.0)	10.5
	Dividends declared
	Transferred to reserves		(76.0)	10.5
	This indicates that sales could increase by $218 000 while
	net income could improve by $87 000 over the year.
	The following table summarizes cashflows for the year by quarter.
				Quarters in Year to Jan 2006			Annual
	Cashflows		1st	2nd	3rd	4th	Total
			$000	$000	$000	$000	$000
	Total cash receipts		155.9	133.0	201.7	231.4	722.0
	Total cash payments		172.2	147.3