| Years ending |
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05-06 |
05-06 |
05-06 |
05-06 |
06-07 |
06-07 |
06-07 |
06-07 |
07-08 |
07-08 |
07-08 |
07-08 |
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| Jan |
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1 Qtr |
2 Qtr |
3 Qtr |
4 Qtr |
1 Qtr |
2 Qtr |
3 Qtr |
4 Qtr |
1 Qtr |
2 Qtr |
3 Qtr |
4 Qtr |
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| ASSUMPTIONS
FOR 2nd & 3rd YEARS AND PROJECTIONS FOR 1st YEAR - OTHER ITEMS |
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| Various Items |
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| Annualised
sales per employee ($000) |
->> |
91 |
86 |
83 |
90 |
90 |
90 |
90 |
90 |
90 |
90 |
90 |
90 |
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| |
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|
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| Operating
lease payments ($000) |
|
->> |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
|
|
| Miscellaneous
income ($000) |
|
->> |
3 |
3 |
3 |
3 |
9 |
9 |
9 |
9 |
9 |
9 |
9 |
9 |
|
|
| Intangible
asset amortization ($000) |
->> |
3 |
3 |
3 |
3 |
2 |
|
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|
| Dividends
declared ($000) |
|
->> |
|
|
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|
10 |
|
10 |
|
15 |
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| Dividend
payments ($000) |
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|
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|
10 |
|
10 |
|
15 |
|
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| |
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| Taxes |
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| Effective
federal/state tax rate (%) |
|
->> |
->> |
->> |
->> |
7.0
|
->> |
->> |
->> |
7.0 |
->> |
->> |
->> |
8.0 |
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| Federal/state
tax payments ($000) |
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|
- |
2 |
- |
- |
- |
6 |
- |
- |
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| |
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| Fixed Assets |
|
|
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| Closing
fixed assets at cost ($000) |
|
75 |
69 |
69 |
99 |
99 |
99 |
94 |
144 |
139 |
139 |
139 |
127 |
127 |
|
|
| Opening
accumulated depreciation ($000) |
25 |
24 |
24 |
25 |
25 |
27 |
27 |
30 |
30 |
33 |
35 |
31 |
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| |
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| Composite
depreciation rate (% pa) |
->> |
3.0 |
3.0 |
3.0 |
3.0 |
8.0 |
8.0 |
8.0 |
8.0 |
8.0 |
8.0 |
8.0 |
8.0 |
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| |
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| Capital
expenditure ($000) |
|
->> |
|
|
30 |
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|
50 |
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| Capital
expend payments ($000) |
|
|
9 |
|
30 |
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|
50 |
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| |
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| Disposals
of fixed assets ($000): |
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|
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|
|
|
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| -Proceeds |
|
->> |
6 |
|
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5 |
|
10 |
|
10 |
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| -Cost |
|
->> |
6 |
|
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5 |
|
5 |
|
12 |
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| -Accumulated depreciation |
|
->> |
2 |
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2 |
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3 |
|
7 |
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| |
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| Stocks, Shares &
Investment |
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| Proceeds
of new stock issues ($000) |
->> |
5 |
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|
30 |
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| No
of new shares issued (000s) |
|
->> |
3 |
|
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20 |
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| |
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| Debt |
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| Increases
in longterm debt/notes ($000) |
->> |
10 |
|
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| Longterm
debt/note repayments ($000) |
->> |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
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| |
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| Interest rates (% pa): |
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| -Cash at bank |
|
->> |
4.0 |
4.0 |
4.0 |
4.0 |
4.0 |
4.0 |
4.0 |
4.0 |
4.0 |
4.0 |
4.0 |
4.0 |
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| -Short-term loans/line of credit |
|
->> |
13.5 |
13.5 |
13.5 |
13.5 |
13.5 |
13.5 |
13.5 |
13.5 |
13.5 |
13.5 |
13.5 |
13.5 |
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| -Longterm debt/notes |
|
->> |
12.5 |
12.5 |
12.5 |
12.5 |
12.5 |
12.5 |
12.5 |
12.5 |
12.5 |
12.5 |
12.5 |
12.5 |
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| |
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| Total
longterm debt/notes outstanding ($000) |
35
|
30
|
25
|
20
|
15
|
10
|
5 |
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| Proportions
payable within one year: |
|
|
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|
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| -Longterm debt/notes (as % total) |
|
->> |
25
|
25
|
25
|
25
|
50 |
50 |
50 |
50 |
50 |
50 |
50 |
50 |
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| |
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| Working Capital |
|
|
|
|
|
|
|
|
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|
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| Accounts receivable (days
sales) |
|
->> |
38 |
39 |
39 |
39 |
45 |
45 |
45 |
45 |
45 |
45 |
45 |
45 |
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|
| Inventory (days sales) |
|
->> |
13 |
12 |
11 |
10 |
12 |
12 |
12 |
12 |
12 |
12 |
12 |
12 |
|
|
| Accounts
payable (days costs & expenses) |
->> |
23
|
19
|
20
|
20
|
23 |
23 |
23 |
23 |
23 |
23 |
23 |
23 |
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| |
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| Level
of prepaid expenses ($000) |
->> |
|
15 |
13 |
13 |
13 |
13 |
8 |
8 |
8 |
8 |
12 |
12 |
12 |
12 |
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|
| Level
of accrued expenses ($000) |
->> |
|
6 |
2 |
2 |
2 |
2 |
5 |
5 |
5 |
5 |
9 |
9 |
9 |
9 |
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| |
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| Sales
Tax |
|
|
|
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|
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| Effective
Sales Tax rate for sales (%) |
->> |
5.0 |
5.0 |
5.0 |
5.0 |
5.0 |
5.0 |
5.0 |
5.0 |
5.0 |
5.0 |
5.0 |
5.0 |
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| Effective
Sales Tax rate on inputs (%) |
->> |
|
|
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| |
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| Supplementary Data &
Calculations: |
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