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Year 0
Income Statement
Revenue
Cost of Goods Sold
Gross Profit

Year 1

Year 2

Year 3

$200.0
150.0
$50.0

$250.0
170.0
$80.0

$300.0
214.0
$86.0

$20.0
24.0
5.8
50.0
$99.8

$20.0
24.0
5.8
50.0
$99.8

$40.0
24.0
5.9
50.0
$119.9

Operating Income

($49.8)

($19.8)

($33.9)

Other Expense / Income

Interest Expense (8%)
Interest Income (1%)
Total Other Income

($16.0)
1.7
($14.3)

($16.0)
2.4
($13.6)

($16.0)
2.2
($13.8)

-$64.1
$0.0
-$64.1

-$33.4
$0.0
-$33.4

-$47.7
$0.0
-$47.7

$0.2

$30.2

$16.1

25.0%
68.0%
0.0%
0.0%
0.0%

20.0%
71.3%
100.0%
0.0%
1.7%

Operating Expenses
Salaries
Rent
Utilities
Depreciation
Total

Income before taxes

Taxes (35%)
Net Income
EBITDA
Income Statement Assumptions
Revenue Growth
COGS as % of Revenue
Salaries Growth
Rent Growth
Utilities Growth

75.0%

Balance Sheet
Current Assets
Cash
Account Receivable
Inventory
Prepaid Expenses
Total Current Assets
Long Term Assets
Plant, Property & Equipment, Gross
Accumulated Depreciation
Plant, Property & Equipment, Net

$170.9
75.0
20.0
25.0
$290.9

$235.5
54.0
21.0
34.0
$344.5

$219.8
65.0
35.0
50.0
$369.8

$250
50.0
200.0

$250
100.0
150.0

$250
150.0
100.0

Total Long Term Assets

$200.0

$150.0

$100.0

Total Assets

$490.9

$494.5

$469.8

$30.0
25.0
$55.0

$58.0
34.0
$92.0

$65.0
50.0
$115.0

Long Term Liabilities

Long Term Debt
Total Long Term Liabilities

200.0
$200.0

200.0
$200.0

200.0
$200.0

Total Liabilities

$255.0

$292.0

$315.0

Shareholder's Equity
Common Equity
Retained Earnings
Total Shareholder's Equity

$300.0
(64.1)
$235.9

$300.0
(97.5)
$202.5

$300.0
(145.2)
$154.8

Current Liabilities
Account Payable
Accrued Expenses
Total Current Liabilities

Check
Balance Sheet Assumptions
Days Sales Outstanding (DSO)
Days Payable Outstanding (DPO)
Days Sales Inventory (DSI)
Inventory Turnover
Prepaid Expenses
Accrued Expenses
Cash Flow
Cash Flow from Operations
Net Income
Less: Deprecation
Account Receivable
Inventory
Prepaid Expenses
Account Payable
Accrued Expenses
Cash Flow from Operations
Cash Flow from Investing
Plant, Property & Equipment, Gross
Cash Flow from Investing
Cash Flow from Financing
Long Term Debt

0.0

0.0

0.0

182.5
73.0
48.7
7.5
84%
125%

115.9
124.5
45.1
8.3
114%
170%

110.9
110.9
59.7
7.6
167%
125%

($64.1)
50.0
(75.0)
(20.0)
(25.0)
30.0
25.0
($79.1)

($33.4)
50.0
21.0
(1.0)
(9.0)
28.0
9.0
$64.6

($47.7)
50.0
(11.0)
(14.0)
(16.0)
7.0
16.0
($15.7)

($250)

$200.0

$0

$0

$0.0

$0.0

Common Equity
Cash Flow from Financing

300.0
$500.0

0.0
$0.0

Cash Beginning
Net Cash Change
Ending Cash

$0.0
170.9
$170.9

$170.9
64.6
$235.5

0.0
$0.0
$235.5
(15.7)
$219.8

Year 4

Year 5

Year 6

Year 7

Year 8

Year 9

Year 10

$400.0
275.0
$125.0

$480.0
332.9
147.1

$552.0
382.9
169.1

$607.2
421.2
186.0

$667.9
434.1
233.8

$701.3
455.9
245.5

$736.4
478.6
257.7

$40.0
24.0
6.0
50.0
$120.0

60.0
24.0
6.1
50.0
140.1

60.0
24.0
6.1
90.1

75.0
25.2
6.2
106.4

75.0
25.2
6.2
###
106.4

93.8
25.2
6.3
125.3

103.1
25.2
6.4
134.7

$5.0

7.0

79.0

79.7

127.3

120.2

123.0

($16.0)
2.1
($13.9)

(16.0)
2.1
(13.9)

(16.0)
2.7
(13.3)

(16.0)
3.2
(12.8)

(16.0)
3.9
(12.1)

(16.0)
4.6
(11.4)

(16.0)
5.5
(10.5)

-$8.9
$0.0
-$8.9

-$6.9
$0.0
-$6.9

$65.7
$23.0
$42.7

$66.8
$23.4
$43.4

$115.2
$40.3
$74.9

$108.8
$38.1
$70.7

$112.5
$39.4
$73.1

$55.0

$57.0

$79.0

$79.7

$127.3

$120.2

$123.0

33.3%
68.8%
0.0%
0.0%
1.7%

20.0%
69.4%
50.0%
0.0%
1.0%

15.0%
69.4%
0.0%
0.0%
1.0%

10.0%
69.4%
25.0%
5.0%
1.0%

10.0%
65.0%
0.0%
0.0%
1.0%

5.0%
65.0%
25.0%
0.0%
1.0%

5.0%
65.0%
10.0%
0.0%
1.0%

$210.9
90.0
40.0
65.0
$405.9

$208.0
173.8
47.1
6.0
$434.9

$270.8
136.1
54.2
6.0
$467.1

$315.5
116.4
59.6
6.3
$497.8

$385.0
109.8
61.4
6.3
$562.5

$460.0
96.1
64.5
6.3
$626.9

$549.1
80.7
67.7
6.3
$703.8

$250
200.0
50.0

$250
250.0
0.0

$250
250.0
0.0

$250
250.0
0.0

$250
250.0
0.0

$250
250.0
0.0

$250
250.0
0.0

$50.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$455.9

$434.9

$467.1

$497.8

$562.5

$626.9

$703.8

$45.0
65.0
$110.0

$83.9
12.0
$95.9

$73.4
12.0
$85.4

$57.7
15.0
$72.7

$47.6
15.0
$62.6

$37.5
18.8
$56.2

$39.3
20.6
$60.0

200.0
$200.0

200.0
$200.0

200.0
$200.0

200.0
$200.0

200.0
$200.0

200.0
$200.0

200.0
$200.0

$310.0

$295.9

$285.4

$272.7

$262.6

$256.2

$260.0

$300.0
(154.1)
$145.9

$300.0
(161.0)
$139.0

$300.0
(118.3)
$181.7

$300.0
(74.9)
$225.1

$300.0
(0.0)
$300.0

$300.0
70.7
$370.7

$300.0
143.8
$443.8

0.0

0.0

0.0

0.0

0.0

0.0

0.0

119.5
59.7
53.1
7.3
217%
163%

132.2
92.0
51.6
7.6
20%
20%

90.0
70.0
51.6
7.6
20%
20%

70.0
50.0
51.6
7.4
20%
20%

60.0
40.0
51.6
7.2
20%
20%

50.0
30.0
51.6
7.2
20%
20%

40.0
30.0
51.6
7.2
20%
20%

($8.9)
50.0
(25.0)
(5.0)
(15.0)
(20.0)
15.0
($8.9)

($6.9)
50.0
(83.8)
(7.1)
59.0
38.9
(53.0)
($2.9)

$42.7
0.0
37.7
(7.1)
(0.0)
(10.5)
0.0
$62.8

$43.4
0.0
19.7
(5.4)
(0.3)
(15.7)
3.0
$44.7

$74.9
0.0
6.7
(1.8)
(0.0)
(10.1)
0.0
$69.6

$70.7
0.0
13.7
(3.1)
(0.0)
(10.1)
3.8
$75.0

$73.1
0.0
15.4
(3.2)
(0.0)
1.9
1.9
$89.0

$0

$0

$0

$0

$0

$0

$0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

0.0
$0.0
$219.8
(8.9)
$210.9

0.0
$0.0
$210.9
(2.9)
$208.0

0.0
$0.0

0.0
$0.0

0.0
$0.0

0.0
$0.0

0.0
$0.0

$208.0
62.8
$270.8

$270.8
44.7
$315.5

$315.5
69.6
$385.0

$385.0
75.0
$460.0

$460.0
89.0
$549.1

26.1%

132.2 Average
92.0 Average
51.6 Average
7.7 Average
145% Average
146% Average

jumpstart