safety and secure

Safe

ty &

Secu

re S

dn B

hd.

Group members :

Mohd Afiq Fahmi bin RusliNorhaizaitulemizza bt Ibrahim

Nurul Hidayah bt Anuar Rozalia bt Abd Jalil

Rozlyn Farah Diana bt Rozular EC220 8L

BUSINESS BACKGROUN

D

Name of company : Safety and Secure (SS) Sdn Bhd

Address : Safety and Secure (SS) Sdn Bhd,

No. 27, Lorong Keluli 1D,Kawasan Perindustrian Bukit

Raja,Seksyen 7, 40000 Shah Alam,Selangor Darul Ehsan.

Telephone number : 03-2455425 Fax number : 03-2455426Email : [email protected] of Business : Partnership Company Main activity : Product based on safety and

secure systemDate of Registration : 1 January 2013Initial Capital : RM 101,050 (loan)

RM 170,000 /4person (own) Name of Bank : CIMB

mailto:[email protected]

Motto

4HHand in Hand-we work together with

customers, supplier and among our workers.Happily-by providing good quality and

servicesHarvest-satisfaction and friendship from both

side

COMPANY BACKGROUND

General Manager Name : Nurul Hidayah binti Anuar Date of Birth : 07-07-1981 Address : Lot 007 Jalan Mujahadah, Kg Mujahidin, 20007 Kuala Terengganu. Education and Qualification :

Master in Management Studies (Graduated from UiTM) Bachelor in Business Administration (Graduated from UiTM) Diploma in Business Studies (Graduated from UiTM)

E-mail : [email protected] Phone Number : 017-9771007 Skill : 1. A visionary and full of energy to drive towards success 2. Ability to manage employees efficiently. Job Experience: Has 4 years of working experiences in a corporate

company and worked as a finance department manager until she decided to pursue a business in this market.

Status : Married Present occupation: General Manager in Safety and Secure

(SS)Sdn Bhd

Marketing Manager Name : Rozalia bt Abd. Jalil Date of Birth : 10/03/1985 Address : Lot 378, Jalan Kebenaran, Kampung Pejuang, 2011

Kemaman, Terengganu, Malaysia. Education and Qualification: (2005-2006, University Teknologi

Mara,Kampus Shah Alam),BA Business Management (Major Marketing).

E-mail : [email protected] Phone Number : 0112-87233090 Skill : Word, Excel, PowerPoint Job Experience : Product Manager (2008) –

Meet with dealers, national accounts, end-users, and the sales force to define new product requirements and work with product development to document these requirements in product specifications.

Analyze competitive product offerings in terms of features and benefits as well as price points.

Determine sales forecasts for proposed new products and justify new product development investments through an IRR and NPV analysis.

Review product pricing and gross margin goals for existing products annually and establish new product pricing.


Administration Manager Name : Rozlyn Farah Diana bt Rozular Date of Birth : 31/2/1985 Address : D1112 Tok Ayah, 31200 Kota Bharu, Kelantan. Education and Qualification :University of oxford (Marketing and

finance) E-mail : [email protected] Phone Number : 017-7000007 Skill :

1. Ability to find the right person for a job 2. Has a great conversing method

Job Experience : CEO of white house (2008) – Meet with dealers, national accounts, end-users, and the sales

force to define new product requirements and work with product development to document these requirements in product specifications.

Analyze competitive product offerings in terms of features and benefits as well as price points.

Determine sales forecasts for proposed new products and justify new product development investments through an IRR and NPV analysis.


Operation Manager Name : Mohd Afiq Fahmi bin Rusli Date of Birth : 04-05-1985 Address : no. 666 Taman Indah Permai, 26400 Bandar Jengka,

Pahang. Education and Qualification :BA Hons. Operation marketing E-mail : [email protected] Phone Number : 014-4445678 Skill : adobe photoshop Job Experience : operation manager of the year (2000 – 2003)

responsible for developing and administering all parts of the organization

Interface customers and purchasers in the sale and resale of previously constructed and developed homes

Interview and recruit prospective staffs and employees. Directed collection and execution of latest accounting software

for real estate sectors of the company, and implemented payment system for the company.

Financial Manager Name : Norhaizaitulemizza bt Ibrahim Date of Birth : 08/03/1981 Address : Lot 8, Villa Mahligai, Jalan Mega, 20011 Kuala

Terengganu, Terengganu, Malaysia. Education and Qualification :(1978-1982, Sek Men.Agama

Bonbon),SPM, (1983-1987, Institusi Teknologi Mara),BA Hons. Finance and Insurance (Major Finance and Insurance, upper level primary)

E-mail : [email protected] Phone Number : 016-9500042 Skill : Esteem, autocad 2011 and microsoft office 2011 Experience : financing management courses Job Experience : chief financial officer (1989-1999, Jaya Muda

Enterprise), financial consultant (2000 -2006 , CMN Bina Enterprise) responsible for developing and administering all parts of the

organization Interface customers and purchasers in the sale and resale of

previously constructed and developed homes Interview and recruit prospective staffs and employees. Directed collection and execution of latest accounting software

for real estate sectors of the company, and implemented payment system for the company.

ADMINISTRATION PLAN

Objective of Organization

To be an excellent entrepreneur that can compete with other safety airbag jacket manufacture.

To produce safety airbag jacket that can protect motorcyclist from danger.

To be the one who are creating the most affordable safety airbag jacket that can attract customer.

to convince trader towards international tradeto contribute in the global market of the product

and serviceto guide the entrepreneurs toward achievement of

managing in business planTo improve our services by obtaining feedback

Organizational ChartGeneral manager:Nurul Hidayah

Anuar

Financial manager:

Norhaizaitulemizza Ibrahim

Administration manager:

Rozlyn Farah Diana Rozular

Marketing manager:

Rozalia Abd Jalil

Operation manager:

Mohd Afiq Fahmi Rusli

Operation assistance:10 workers

Administration assistance:Mohd Azwan

B. Shaari

Marketing assistance:Rozita Binti

Che Wan

Marketing assistance:

Shah Indrawan B.

Ismail

Operation assistance:2 drivers

Job DescriptionGeneral manager: Managing all the

employees.Financial manager: Control the money flow

in and out.Administration manager: Fulfill the

organization and employees needs. For example, hire and layoff employees.

Operation manager: Ensure the completion of the products and services at preferred time.

Marketing manager: Market the product and promote the restaurant to the prospects.

ShareholdersNAME POSITION MONTHLY SALARY

(RM)

NURUL HIDAYAH BINTI ANUAR

GENERAL MANAGER

3000

NORHAIZAITULEMIZZA BINTI IBRAHIM

FINANCIAL MANAGER

2500

ROZLYN FARAH DIANA BINTI

ROZULAR

ADMINISTRATION MANAGER

2500

MOHD AFIQ FAHMI B. RUSLI

OPERATION MANAGER

2500

ROZALIA BINTI ABD JALIL

MARKETING MANAGER

2500

MARKETING PLAN

Marketing department is one of the important parts of the company where they will struggle to expose our product and services to the market and arrange some event and promotion to attract more customers.

Product

Safety Airbag Jacket

Market CompetitorCompetitors Strength Weakness

Vest Safe Sdn. Bhd • Established earlier than

ours

• Strategic place because

their shop is located

nearby the frequent

route taken by passerby

• Their products are

too expensive as

compared to ours

• Low in quality

A&X Sdn. Bhd. • Established earlier

than ours

• Experienced in this

field

• Lack of promotion

• Only focus on one

type of product

RND Safety Sdn. Bhd. • Established earlier

than ours

• Good promotion deal

• Location is not

strategic because

remote from city

center.

• Products are too

expensive

Market ShareBEFORE

53%

27%

20%

Market Share

Vest Safe Sdn BhdA&X Sdn. Bhd.RND Safety Sdn. Bhd.

AFTER

37%

20%15%

28%

Market Share Per Year %

Vest Safe Sdn Bhd

A & X Sdn Bhd

RND Safety Sdn.Bhd.

Safety and Secure Corp

Sale ForecastMonth Sales (RM)

January 160000

February 160000

March 160000

April 160000

May 160000

Jun 160000

July 160000

August 160000

September 160000

October 160000

November 160000

December 160000

Market Strategy

PRICE

PROMOTION- Join carnival

-demo-discount

DISTRIBUTION

-brochure-pamphlete

Marketing BudgetParticulars Fixed Asset

(RM)

Monthly Other

Expenses

(RM)

Total

Fixed Assets

Signboard 10,000 10,000

Promotion and

Advertisement

15,000 15,000

Business Card 600 600

Other

Requirements

Grand Opening 4,000 4,000

Petrol 250 3,000

TOTAL 25600 250 4 ,000

32,600

OPERATION PLAN

Operation Process

Distribute the product

Inspect the quality of packaging

Store product into packaging

Design packaging of each product

safety recommendation

test report

test analysis

testing the product, crash testing and computer simulation

Installation and Inspect the product

Design and made the product

Receive material from the distributor or supplier

How Airbag Jacket Operates

Jacket enhances protection to the front chest area; side ribs areas, the back

area giving support to the neck and spine areas

Instantly inflate the jacket in approximately a half second.

Lanyard/anchorage will separate from the bike activating the CO2 cartridge

During accident, when the rider is ejected off of the bike

If forget to unhook the lanyard from the anchoring cable do not worry, it takes 30 kg of pull force to deploy the airbag system leaving enough to minimize false

inflations.

Anchoring cable/lanyard is connected to the frame of the bike when get on the bike

This is how safety airbag jacket operate

Business Hours

DAY

TIME

Monday – Friday

8.30 am – 8.30 pm

Saturday - Sunday

8.30 am – 5.30 pm

List Of Operation Personnel

POSITION

NUMBER OF WORKER

Operation

Manager

1

General worker

10

Distributor 2

Operation Overhead

POSITION

NUMBE

R OF

WORKE

R

MONTHL

Y

SALARY

/person

(RM)

EPF

/person

(11%)

(RM)

SOCSO

/person

(2.5%)

(RM)

TOTAL

SALARY

/person

(RM)

Operation

Manager

1

RM 2,500

RM 275

RM 50

RM 2,825

General

Worker

10

RM 1,100

RM 121

RM 27.50

RM

1,248.50

Distributor

2

RM 1,000

RM110

RM 25

RM1,135

Operation Budget

ITEM

FIXED ASSET

MONTHLY

EXPENSES

OTHER

EXPENSES

TOTAL

FIXED ASSETS

Vehicles RM 40,000 RM 40,000

Equipment And Furniture RM 35,050 RM 35,050

Specialized Field

Equipment

WORKING CAPITAL

Raw Materials RM 72,000 RM 72,000

Wages + EPF + SOCSO RM 17,580 RM 17,580

Carriage Inward & Duty RM15,000 RM15,000

PRE-OPERATION & OTHER

EXPENDITURE

Other Expenditure RM 2,000 RM 2,000

DEPOSIT (Rent, Utilities,

Etc.)

Business Registration &

Licenses

Insurance & Road Tax For

Motor Vehicles

RM 4,000 RM 4,000

Other Pre-Operation

Expenditure

TOTAL RM 75,050 RM 68,405 RM 6,000 RM 164,210

Operation Layouten

try

FINANCIAL PLAN

Financial~Short term and long term financial

requirementfinancial data

administration operating marketing

three primary financial statements (balance sheet, income statement and cash flow statement)

Characteristics To establish the size of a dealTo recommend the relevant sources of

financeTo be used as a guideline for

implementationTo categorize and function the relevant

sources of financeTo guarantee that the initial capital is

adequate

Project Implementation Cost

PROJECT COST AND FINANCING

Project Cost Proposed Sources of Finaning

Requirements

Cost Bank Loan Hire-Purchase Own Contribution

Fixed Assets Cash Existing Assets

Land & Building - - - - -

Office Furniture And Tools 13,635 3,635 10,000 - -

- - - - -

- - - - -

- - - - -

Signboard 10,000 - - 10,000 -

Advertisement 15,000 - 15,000 - -

Machines And Equipment 35,050 5,239 19,811 10,000 -

Lorry 4500kg 40,000 30,000 - 10,000 -

- - - - -

mths - - - - -

Working Capital 1 147,785 7,785 - 140,000

Other Requirements 39,350 39,350 - -

Contingencies 5% 15,041 15,041 - -

TOTAL 315,861 101,050 44,811 170,000 -

Sources Of FinancingSOURCES PERCENT (%) AMOUNT (RM)

INTERNAL SOURCES

Nurul Hidayah bt Anuar (General Manager) 30 50,000

Mohd Afiq Fahmi b Rusli (Operation Manager) 17.5 30,000

Rozalia bt Abd.Jalil (Marketing Manager) 17.5 30,000

Rozlyn Farah Diana bt Rozular

(Administration Manager)17.5 30,000

Norhaizaitulemizza bt Ibrahim

(Financial Manager)17.5 30,000

TOTAL INTERNAL SOURCE OF FINANCE 100 170,000

EXTERNAL SOURCES

Bank Rakyat 101,050

TOTAL SOURCE OF FINANCE RM 270,000

Table Of DepreciationName of Assets Office Furniture And Tools

Cost (RM) 13,635

Method of Depr. Straight Line

Duration (years) 5

Annual Accumulated

Year Depreciation Depreciation Book Value

- - 13,635

1 2,727 2,727 10,908

2 2,727 5,454 8,181

3 2,727 8,181 5,454

4 2,727 10,908 2,727

5 2,727 13,635 -

6 0 0 -

7 0 0 -

8 0 0 -

9 0 0 -

10 0 0 -

Name of Assets Signboard

Cost (RM) 10,000


Duration (years) 10

Annual Accumulated


- - 10,000

1 1,000 1,000 9,000

2 1,000 2,000 8,000

3 1,000 3,000 7,000

4 1,000 4,000 6,000

5 1,000 5,000 5,000

6 1,000 6,000 4,000

7 1,000 7,000 3,000

8 1,000 8,000 2,000

9 1,000 9,000 1,000

10 1,000 10,000 -

Table Of DepreciationName of Assets Machines And Equipment

Cost (RM) 35,050


Duration (years) 10

Annual Accumulated


- - 35,050

1 3,505 3,505 31,545

2 3,505 7,010 28,040

3 3,505 10,515 24,535

4 3,505 14,020 21,030

5 3,505 17,525 17,525

6 3,505 21,030 14,020

7 3,505 24,535 10,515

8 3,505 28,040 7,010

9 3,505 31,545 3,505

10 3,505 35,050 -

Name of Assets Advertisement

Cost (RM) 15,000


Duration (years) 1

Annual Accumulated


- - 15,000

1 15,000 15,000 -

2 15,000 30,000 (15,000)

3 0 0 (15,000)

4 0 0 (15,000)

5 0 0 (15,000)

6 0 0 (15,000)

7 0 0 (15,000)

8 0 0 (15,000)

9 0 0 (15,000)

10 0 0 (15,000)

Table Of Depreciation

Name of Assets Lorry 4500kg

Cost (RM) 40,000

Method of Depr. Reducing Balance

Duration (years) 10

Annual Accumulated


- - 40,000

1 4,000 4,000 36,000

2 4,000 8,000 32,000

3 4,000 12,000 28,000

4 4,000 16,000 24,000

5 4,000 20,000 20,000

6 4,000 24,000 16,000

7 4,000 28,000 12,000

8 4,000 32,000 8,000

9 4,000 36,000 4,000

10 4,000 40,000 -

Loan & Hire-purchase Ammortisation SchedulesLOAN REPAYMENT SCHEDULE

Total 101,050

Interest Rate 10%

Duration (years) 6

Method Annual Rest

Year Principal Interest Total Payment Principal Balance

- - 101,050

1 16,842 10,105 26,947 84,208

2 16,842 8,421 25,263 67,367

3 16,842 6,737 23,578 50,525

4 16,842 5,053 21,894 33,683

5 16,842 3,368 20,210 16,842

6 0 0 - 16,842

7 0 0 - 16,842

8 0 0 - 16,842

9 0 0 - 16,842

10 0 0 - 16842

HIRE-PURCHASE REPAYMENT SCHEDULE

Total 44,811

Interest Rate 8%

Duration (years) 5

Year Principal Interest Total Payment Principal Balance

- - 44,811

1 8,962 3,585 12,547 35,849

2 8,962 3,585 12,547 26,887

3 8,962 3,585 12,547 17,924

4 8,962 3,585 12,547 8,962

5 8,962 3,585 12,547 -

6 0 0 - -

7 0 0 - -

8 0 0 - -

9 0 0 - -

10 0 0 - -

MONTHS 1 2 3 4

A. OPENING BALANCE - 171,750 180,674 189,598

B. CASH RECEIPTS

OwnersÇapital (Cash) 170,000 - - -Bank Loan 101,050 - - -Cash Sales 160,000 160,000 160,000 160,000Collection of Accounts Receivable - - - -TOTAL CASH RECEIPTS 431,050 160,000 160,000 160,000

C. CASH PAYMENTS

Administration Expenses

Stationaries 500 500 500 500Salary And Wedges 14,500 14,500 14,500 14,500EPF 1,595 1,595 1,595 1,595SOCSO 290 290 290 290Rental (Business Premis) 10,000 10,000 10,000 10,000Utilities 5,170 5,170 5,170 5,170- - - - -

Marketing Expenses

Salary And Wedges 2,825 2,825 2,825 2,825EPF 275 275 275 275SOCSO 50 50 50 50

- - - -

- - - -

Operations Expenses

Cash Purchases 72,000 72,000 72,000 72,000Payment of Accounts Payable - - - -Carriage Inwards & Duty 15,000 15,000 15,000 15,000Salaries, EPF & SOCSO 17,580 17,580 17,580 17,580Operation Overhead 5,000 5,000 5,000 5,000Fuel 3,000 3,000 3,000 3,000- - - - -Deposit 20,000 - - -Registration & Licences 150 - - -Motor Vehicle Insurance & Road Tax 14,000 - - -Other Expenses 5,200 - - -Purchase of Fixed Assets - Land - - - -Purchase of Fixed Assets - Other 58,874 - - -Down Payment on Hire-Purchase 10,000 - - -

Hire-Purchase Repayments:

Principal 747 747 747 747Interest 299 299 299 299

Loan Repayments

Principal 1,403 1,403 1,403 1,403Interest 842 842 842 842Tax - - - -TOTAL CASH PAYMENTS 259,300 151,076 151,076 151,076

D. ENDING CASH BALANCE 171,750 180,674 189,598 198,521

5 6 7 8 9 10

198,521 207,445 216,369 225,293 234,217 243,141

- - - - - -- - - - - -

160,000 160,000 160,000 160,000 160,000 160,000- - - - - -

160,000 160,000 160,000 160,000 160,000 160,000

500 500 500 500 500 50014,500 14,500 14,500 14,500 14,500 14,5001,595 1,595 1,595 1,595 1,595 1,595290 290 290 290 290 290

10,000 10,000 10,000 10,000 10,000 10,0005,170 5,170 5,170 5,170 5,170 5,170

- - - - - -

2,825 2,825 2,825 2,825 2,825 2,825275 275 275 275 275 27550 50 50 50 50 50- - - - - -- - - - - -

72,000 72,000 72,000 72,000 72,000 72,000- - - - - -

15,000 15,000 15,000 15,000 15,000 15,000

17,580 17,580 17,580 17,580 17,580 17,580

5,000 5,000 5,000 5,000 5,000 5,0003,000 3,000 3,000 3,000 3,000 3,000

- - - - - -- - - - - -- - - - - -- - - - - -- - - - - -- - - - - -- - - - - -- - - - - -

747 747 747 747 747 747299 299 299 299 299 299

1,403 1,403 1,403 1,403 1,403 1,403842 842 842 842 842 842

- - - - - -151,076 151,076 151,076 151,076 151,076 151,076

207,445 216,369 225,293 234,217 243,141 252,065

11 12 TOTAL YEAR 1 YEAR 2 YEAR 3

252,065 260,988 - 269,912 391,163

- - 170,000 - -- - 101,050 - -

160,000 160,000 1,920,000 1,977,600 2,076,480- - - - -

160,000 160,000 2,191,050 1,977,600 2,076,480

500 500 6,000 6,000 6,00014,500 14,500 174,000 174,000 174,0001,595 1,595 19,140 19,140 19,140290 290 3,480 3,480 3,480

10,000 10,000 120,000 120,000 120,0005,170 5,170 62,040 62,040 62,040

- - - - -

2,825 2,825 33,900 33,900 33,900275 275 3,300 3,300 3,30050 50 600 600 600- - - - -- - - - -

72,000 72,000 864,000 889,920 934,416- - - - -

15,000 15,000 180,000 180,000 180,00017,580 17,580 210,960 210,960 210,9605,000 5,000 60,000 60,000 60,0003,000 3,000 36,000 36,000 36,000

- - - - -- - 20,000 - -- - 150 - -- - 14,000 14,000 14,000- - 5,200 5,200 5,200- - - - -- - 58,874 - -- - 10,000 - -

747 747 8,962 8,962 8,962299 299 3,585 3,585 3,585

1,403 1,403 16,842 16,842 16,842842 842 10,105 8,421 6,737

- - - - -151,076 151,076 1,921,138 1,856,350 1,899,161

260,988 269,912 269,912 391,163 568,481

Proforma Income StatementSAFETY & SECURE CORPORATION

COST OF PRODUCTION

Year 1 Year 2 Year 3

Raw Materials

Opening Balance 0 43,200 17,626

Current Year Purchases 864,000 889,920 934,416

Ending Balance 43,200 17,626 46,267

820,800 915,494 905,775

Carriage Inwards & Duty 180,000 180,000 180,000

Cost of Raw Materials 1,000,800 1,095,494 1,085,775

Salaries, EPF & SOCSO 210,960 210,960 210,960

Factory Overhead

Depreciation on Fixed Assets (Operations)

7,505 7,505 7,505

Operation Overhead 60,000 60,000 60,000

Fuel 36,000 36,000 36,000

- - -

Production Cost 1,315,265 1,409,959 1,400,240

SAFETY & SECURE CORPORATIONPRO-FORMA INCOME STATEMENT

Year 1 Year 2 Year 3Sales 1,920,000 1,977,600 2,076,480Less: Cost of Goods SoldOpening Balance of Finished Goods - 72,000 73,440Production Cost 1,315,265 1,409,959 1,400,240less: Ending Balance Finished Goods

72,000 73,440 77,112

0 0 01,243,265 1,408,519 1,396,568

Gross Profit 676,735 569,081 679,912

Less: ExpensesAdministration Expenses 384,660 384,660 384,660Marketing Expenses 37,800 37,800 37,800Registration & Licences 150 - -

Motor Vehicle Insurance & Road Tax 14,000 14,000 14,000

Other Expenses 5,200 5,200 5,200Interest on Hire-Purchase 3,585 3,585 3,585Interest on Loan 10,105 8,421 6,737Depreciation on Fixed Assets 18,727 18,727 3,727

Total Expenses 474,227 472,393 455,709Net Income Before Tax 202,508 96,688 224,203Tax - - -Net Income After Tax 202,508 96,688 224,203Accumulated Net Profits 202,508 299,196 523,400

Balance Sheet ProformaSAFETY & SECURE CORPORATION

PRO-FORMA BALANCE SHEET

Year 1 Year 2 Year 3 ASSETS FIXED ASSETS (Book Value) Land & Building - - - Office Furniture And Tools 10,908 8,181 5,454 0 - - - - - - - - - Signboard 9,000 8,000 7,000 Advertisement - (15,000) (15,000) Machines And Equipment 31,545 28,040 24,535 Lorry 4500kg 36,000 32,000 28,000 0 - - - - - - 87,453 61,221 49,989 CURRENT ASSETS Deposit 20,000 20,000 20,000 Stock of Raw Materials 43,200 17,626 46,267 Stock of Finished Goods 72,000 73,440 77,112 Accounts Receivable - - - Cash Balance 269,912 391,163 568,481 405,112 502,229 711,860 TOTAL ASSETS 492,565 563,450 761,849 OWNERS' EQUITY Capital 170,000 170,000 170,000 Accumulated Net Profit 202,508 299,196 523,400 372,508 469,196 693,400 LIABILITIES Loan Balance 84,208 67,367 50,525 Hire-Purchase Balance 35,849 26,887 17,924 Accounts Payable - - - Tax Payable - - - 120,057 94,253 68,449 TOTAL EQUITY & LIABILITIES 492,565 563,450 761,849

Financial AnalysisSAFETY & SECURE CORPORATION

FORECASTED PERFORMANCEParticulars Year 1 Year 2 Year 3

PROFITABILITY Sales 1,920,000 1,977,600 2,076,480 Gross Income 676,735 569,081 679,912 Net Income Before Tax 202,508 96,688 224,203 Net Income After Tax 202,508 96,688 224,203 Accumulated Net Income 202,508 299,196 523,400 LIQUIDITY Tatal Cash Receipts 2,191,050 1,977,600 2,076,480 Total Cash Payments 1,921,138 1,856,350 1,899,161 Excess (Deficit) 269,912 121,250 177,319 Accumulated Cash 269,912 391,163 568,481 SAFETY Owners' Equity 372,508 469,196 693,400 Fixed Assets 87,453 61,221 49,989 Current Assets 405,112 502,229 711,860 Long Term Liabilities 120,057 94,253 68,449 Current Liabilities - - - FINANCIAL RATIOS Profitability Return on sales 11% 5% 11% Return on Equity 54% 21% 32% Return on Investment 41% 17% 29% Liquidity Current Ratio 15.70 19.46 27.59 Quick Ratio (Acid Test) 10.46 15.16 22.03 Safety Debt to Equity 0.59 0.32 0.13 BREAK-EVEN ANALYSIS Break-Even Point (Sales) 2,099,889 6,446,054 4,070,372 Break-Even Point (%) 109% 326% 196%

GRAPHS RELATED

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