EFM Classic Business Free Trial

Excel-Financial-Model (EFM)
Version: "Classic Economy"
www.excel-financial-model.com
For full version click button
Version 2.01 - Free Trial Version Full Version
"The easy way to create financial forecasts

when launching or running a business"
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Please read before using this Software
LEGAL DISCLAIMER
No information contained in this Software (as defined below) or obtained from Smart Cap GmbH or Fimovi should be considered as financial,
investment, accounting or tax advice, nor should it be considered a substitute for such advice.
This Software is supplied under a license agreement and may be used only in accordance with the terms of such licence agreement which is set out
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agreement.
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Application: This agreement applies to the commercial or registered/upgraded version of Excel-Financial-Model (also referred to as “EFM” or
“Software”), comprising workbook, related files and supporting documentation.
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installing, executing or displaying the Software.
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should not be construed as a sale of any right in the Software. This license is not transferable to any other company, entity or individual.
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(“Fimovi”) and VBA routines must not be altered under any circumstances. The Software can be copied by a registered user for backup purposes and
for the purpose of creating additional sets of projections.
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Company Profile and Contact

COMPANY PROFILE
Financial Modelling Videos enables its customers to develop flexible and robust financial plans and cash flow models using Excel. The Germany based
company provides a broad range of financial modelling related services for clients across many industry sectors.
Our financial modelling video training courses are “hands-on” with users learning concepts by building Excel financial models from scratch.
Our templates and excel tools are designed and built to be flexible, future proof, robust and user-friendly.
Our practical training services, like seminars and workshops, enable entrepreneurs, corporate clients, and investors to build financial models applying
best practices. These tools support and enhance their business decisions, transactions and strategies.
What Financial Modelling Videos can do for you:
• Ready-to-use Excel tools and templates for corporate planning, budgeting, valuation, cash flow planning and project finance
• Development of tailor-made, individual models
• Model review, optimization and audit
• Seminars and workshops
Fimovi - offered by Smart Cap GmbH

Website: www.excel-financial-model.com
Email: efm@excel-financial-model.com
© Copyright 2011 - 2017, Smart Cap GmbH

Excel-Financial-Model (EFM)
"The easy way to create financial

forecasts when launching or
running a business"
Difference between Trial version and Commercial versio
1. Feature / Function
Planning period (model life time)
Timing parameters
(i.e. model start + last month of financial year)
Planning currency
Protection & Adaptability

Customization
Time-saving macros
2. Output sheets / Summaries
Profit & Loss, Cashflow and Balance Sheet
Key Performance Indicators (KPIs)
Working Capital & Cash Conversion Cycle (CCC)
3. Support and Updates
Support
Updates
only
US$ 15
- Instant Download
- Full functionality
- Freely customizable & exten
- Lifetime Updates
d Commercial version of Excel-Financial-Model (EFM-CE)
Free Trial Version
Restricted to 24 months max.
Timing parameters cannot be changed
Cannot be changed
Only input cells can be changed, all other cells are

password-protected (with all formulas visible)
Not possible, all sheets are password-protected
No time-saving macros included
Free Trial Version

Only 24 months, no drill-down functionality,
not editable
not included
not included
Free Trial Version
No support
No updates
only
US$ 150.00
- Instant Download
- Full functionality
- Freely customizable & extendable
- Lifetime Updates
odel (EFM-CE)
Full Commercial Version
up to 64 months (5 years)
All timing parameters fully adjustable
Any planning currency can be freely selected
All cells are accessible and editable

Freely customizable & extendable (edit sheets,
insert new sheets, paste in own sheets etc.)
Includes time-saving macros

Up to 60 months (5 years), drill-down functionality,
fully editable
Automatic calculation of numerous KPIs regarding

liquidity & coverage, income / profitability, etc.
Automatic calculation of Days Sales Outstanding

(DSO), Days Inventory Held (DIH), Days Payable
Outstanding (DPO), and CCC
30 days technical support
Lifetime free updates

Quick Start Guide Excel-Financial-Mo
Note
This quick start guide will help you to get started. It will provide you with an overview of the layout and structure of Excel-F
basic steps (chronology) of the planning process. This short introduction cannot replace the comprehensive Manual.
For more detailed information users are strongly encouraged to read the "Users Manual".
A - Layout and Structure of EFM

The below screenshot shows the layout and structure of the model. Please note the colour code used for the different wor
Numbers outline the recommended order of planning steps in preparing a new model. It is recommended to input all finan
the planning process as funding requirements depend on all other input data (see Building a new model - How to proceed
B Inputs & Removal of Worksheet Protection

Apart from (optional) one-time modifications on sheet “Index”, like e.g. inserting your own logo, disclaimer and contact de
and possible on yellow coloured worksheets (= input sheets).
Within these individual input sheets, data entry is only permitted in input cells,
which are clearly recognizable by a consistent format (see below screenshot
=> cell style “Input”).
In “delivery state” all worksheets are password protected. To unprotect one or more worksheets please use the password:
C Building a new model - How to proceed

1. Open Excel-Financial-Model and save new file
To start constructing a new model, load the original xlsm-file and immediately save it with an appropriate new file name.
2. Remove all existing assumptions and input data

As the original file comes with a fictive example planning, click the button „New planning - erase all input data“ on sheet “I
(which may take 20 to 30 seconds) you will have an empty template.
3. Enter general model assumptions

Go to sheet “Inputs” and fill in the general model assumptions. Important: Default currency and denomination should not
values (currencies) will not be converted. Only variable descriptions and unit descriptions will change accordingly.
4. Enter assumptions for products and services

On Sheet “Inputs” fill in descriptions for up to 10 different products or services, corresponding input/output taxes (if applic
revenue share per product and bad debts (both optional).
5. Enter assumptions for human resources

On Sheet “Inputs” fill in names or position for up to 5 divisions (Direct Labour Staff, Management & Administration Staff et
Please
forrefer to the manual
12 months, forincome
without further details !!! social insurances.
taxes and Quick StartThe detailed staff planning (monthly deployment
Page 8 of 290
schedule) wi
Resources”. Fill in percentage for income taxes & social insurances and assumptions for “Other Staff Costs” (optional).
revenue share per product and bad debts (both optional).
5. Enter assumptions for human resources

On Sheet “Inputs” fill in names or position for up to 5 divisions (Direct Labour Staff, Management & Administration Staff et
for 12 months, without income taxes and social insurances. The detailed staff planning (monthly deployment schedule) wi
Resources”. Fill in percentage for income taxes & social insurances and assumptions for “Other Staff Costs” (optional).
6. Enter financing assumptions

Financing Assumptions should be entered at the end of the planning process as funding requirements depend on all other
shortfalls during the planning process we recommend to temporarily set “Initial Equity” to a very high number (e.g. 2 milli
to “NO” (please refer to the manual for more details on the funding waterfall).
7. Enter payment targets and tax assumptions

On Sheet “Inputs” fill in the remaining assumptions (payment targets and taxes). These inputs can be easily changed at any
planning process. Be aware that any change later on may have (positive or negative) effects on funding requirements.
8. Enter assumptions for inventory planning and opening balance

If you would like to include detailed inventory planning, please activate corresponding selection on sheet “Inputs”. Profit &
items can be planned later on. The opening balance is optional. For “new” companies (foundations) or projects leave inpu
9. Enter Sales
Go to sheet “Sales” and enter monthly sales quantities and prices. For each product/service you have two input options, 1
multiplied by quantity.
10. Enter monthly personnel deployment schedule

Go to sheet “Human Resources” and decide for each position/employee whether social security contributions should be ca
number and availability (Direct Labour Staff will be planned separately later on).
11. Enter Cost of Materials/Packaging or Goods required and target inventory

Go to sheet “Costs 01” and enter cost of materials or goods required for each of your product/service. There are 3 differen
are free to use one of them, two or all three at the same time.
If inventory planning is switched on (=> sheet “Inputs”) you can enter individual inventory targets for each product as perc
12. Enter direct costs

Go to sheet “Costs 02” to enter direct labour costs and other direct costs. Planning logic for direct labour costs is the same
“Human Resources”). For other direct costs variable descriptions (input cells) can be changed.
13. Enter indirect costs (Overheads)

Go to sheet “Costs 03” to enter all indirect costs. There are 5 different groups (Management & Administrative, Operational
descriptions (input cells) can be changed according to your needs. Note: Payroll costs are directly linked from sheet “Huma
14. Enter capital expenditures

Go to sheet “Capex” to enter capital expenditures. You will find separate groups for intangible, tangible and financial asset
finance lease, sale of assets and capitalization of company produced assets (refer to the manual for any details).
15. Enter financing assumption (final step)

Before going to sheet “Financing” to fine-tune funding sources and structure, enter tax advances (prepayments) on sheet “
can see the actual amounts, calculated by the tool based on your inputs and assumptions.
Back on sheet “Financing” the drawdown of capital tranches is organized by a default funding waterfall (= funding cascade
funding needs, equity will be used first, followed by different debt tranches and an overdraft facility at the end of the casca
Please refer to the manual for further details !!! Quick Start Page 9 of 290
Go to sheet “Costs 01” and enter cost of materials or goods required for each of your product/service. There are 3 differen
are free to use one of them, two or all three at the same time.
If inventory planning is switched on (=> sheet “Inputs”) you can enter individual inventory targets for each product as perc
12. Enter direct costs

Go to sheet “Costs 02” to enter direct labour costs and other direct costs. Planning logic for direct labour costs is the same
“Human Resources”). For other direct costs variable descriptions (input cells) can be changed.
13. Enter indirect costs (Overheads)

Go to sheet “Costs 03” to enter all indirect costs. There are 5 different groups (Management & Administrative, Operational
descriptions (input cells) can be changed according to your needs. Note: Payroll costs are directly linked from sheet “Huma
14. Enter capital expenditures

Go to sheet “Capex” to enter capital expenditures. You will find separate groups for intangible, tangible and financial asset
finance lease, sale of assets and capitalization of company produced assets (refer to the manual for any details).
15. Enter financing assumption (final step)

Before going to sheet “Financing” to fine-tune funding sources and structure, enter tax advances (prepayments) on sheet “
can see the actual amounts, calculated by the tool based on your inputs and assumptions.
Back on sheet “Financing” the drawdown of capital tranches is organized by a default funding waterfall (= funding cascade
funding needs, equity will be used first, followed by different debt tranches and an overdraft facility at the end of the casca
Excel-Financial-Model (vVersion 2.01 - Free Trial Version)
h an overview of the layout and structure of Excel-Financial-Model as well as the

n cannot replace the comprehensive Manual.
e "Users Manual".
ase note the colour code used for the different worksheets.
g a new model. It is recommended to input all financing assumptions at the end of

t data (see Building a new model - How to proceed).
inserting your own logo, disclaimer and contact details, inputs are only necessary
ut cells,
nshot
one or more worksheets please use the password: “0000”
diately save it with an appropriate new file name.
on „New planning - erase all input data“ on sheet “Inputs”. After running this macro
ant: Default currency and denomination should not be changed later on as input
d unit descriptions will change accordingly.
services, corresponding input/output taxes (if applicable, otherwise chose zero rate),
abour Staff, Management & Administration Staff etc.). Note: Base salary has to be
Please refer
d staff planning to the deployment
(monthly manual for further details
schedule) will!!!be done later
QuickonStart
sheet “Human Page 11 of 290
assumptions for “Other Staff Costs” (optional).
abour Staff, Management & Administration Staff etc.). Note: Base salary has to be
d staff planning (monthly deployment schedule) will be done later on sheet “Human
assumptions for “Other Staff Costs” (optional).
ocess as funding requirements depend on all other input data. To avoid funding
et “Initial Equity” to a very high number (e.g. 2 million) and set cash-in at first month
terfall).
nd taxes). These inputs can be easily changed at any time during or after the
e or negative) effects on funding requirements.
corresponding selection on sheet “Inputs”. Profit & Loss items and Balance Sheet
w” companies (foundations) or projects leave input cells blank.
each product/service you have two input options, 1. Manual direct input and 2. Price
e whether social security contributions should be calculated and fill in monthly

ater on).
ventory
r each of your product/service. There are 3 different planning methods available. You
ndividual inventory targets for each product as percentage of net sales.
ts. Planning logic for direct labour costs is the same as for other employees (=> sheet
cells) can be changed.
groups (Management & Administrative, Operational, Sales & Marketing etc.). Variable
e: Payroll costs are directly linked from sheet “Human Resources” (no inputs here).
e groups for intangible, tangible and financial assets. There are also options for
sets (refer to the manual for any details).
cture, enter tax advances (prepayments) on sheet “Inputs”. Below the input row you
s and assumptions.
ed by a default funding waterfall (= funding cascade). After calculation of monthly
ches and an overdraft facility at the end of the cascade.
r each of your product/service. There are 3 different planning methods available. You
ndividual inventory targets for each product as percentage of net sales.
ts. Planning logic for direct labour costs is the same as for other employees (=> sheet
cells) can be changed.
groups (Management & Administrative, Operational, Sales & Marketing etc.). Variable
e: Payroll costs are directly linked from sheet “Human Resources” (no inputs here).
e groups for intangible, tangible and financial assets. There are also options for
sets (refer to the manual for any details).
cture, enter tax advances (prepayments) on sheet “Inputs”. Below the input row you
s and assumptions.
ed by a default funding waterfall (= funding cascade). After calculation of monthly
ches and an overdraft facility at the end of the cascade.
Integrated Financial Projections => replace by your own logo
and delete this text
Company name X-ample Computech Ltd. Author TR

Legal form Limited File name EFM_Classic_Economy_Free_Version (an Alex 002).xlsx
Model name 5 Year Forecast Last update 10 January 2017
Sheet No. Sheet Content Link to Sheet

1 Quick Start Guide of EFM Quick Start
2 Index (This Sheet) Index
3 Executive Summary Summary 01
4 Income Statement (overview) Summary 02
5 Cash Flow (overview) Summary 03
6 Balance Sheet (overview) Summary 04
7 Model Assumptions Inputs For full version click button
8 Sales Sales Full Version

9 Personnel schedules and costs Human Resources
10 Cost of Materials/Goods & Inventory Costs 01
11 Direct Labor & Other Direct Costs Costs 02
12 Operating Expenses (Overheads) Costs 03
13 Capital Expenditures and Depreciation Capex
14 Funding Financing
15 Integrated Financial Statements (monthly) IFS
16 Receivables and Payables Debtors+Creditors
17 Input/Output tax & Tax on Profit Taxes
18 Timing Master Timing
19 Formatting Styles, Constants, Lookup Tables Formats
Legal Disclaimer
=> fill in your own disclaimer here !
Contact
=> fill in your own contact data here !
www.excel-financial-model.com Index page 14 of 290

Summary 01
Financial Forecast - X-ample Computech Ltd.
Model: 5 Year Forecast

Model Integrity: 1
Capital Requirement and Funding
Sources of Funds
1. Equity
Share Capital
2. Debt
Debt: UL Bank
Debt: HSBC Bank
Debt: UBS
Debt: Shareholder Loan
Overdraft Facility
Total Funding
Funding Structure
Total Funding Requirement (USD)

thereof debt
thereof equity
Gearing (debt equity ratio)
www.excel-
Sources and Uses financial-
during first 12 months
12 months commencing in Mar 2019
model.com:
includes "cash at
bank" form opening
SOURCES balance (is used)
Cash collected from sales (incl. VAT)

Advances received
www.excel-
Other operating & extraordinary income
financial-
Fixed asset disposals
model.com:
Interest received on cashggf.
Enthält deposits
VAT recovered from mehrfache
tax authority
Ziehungen, da auch
Share Capital Rückführungen
Debt: UL Bank stattfinden
Debt: HSBC Bank können sofern
Liquidität vorhanden
Debt: UBS ist. Maximalbetrag ist
Debt: Shareholder oben
Loanbei
Overdraft Facility Finanzierungsquellen
ablesbar, weitere
Details => Blatt
"Finanzierung"
Page 15
können sofern
Liquidität vorhanden
ist. Maximalbetrag ist
oben bei
Finanzierungsquellen
ablesbar, weitere
Details => Blatt Summary 01
"Finanzierung"
Total Sources
Check: Sources = Uses
Income Statement
(all currency in USD)
(last month in fiscal year: NOV)
Revenue
Cost of Sales
Gross Profit
Operating Expenses (Overheads)
Trading Profit
Other operating income
Bad debts
Profit/loss sale of fixed assets
Extraordinary result
EBITDA
Depreciation & Amortization
Earnings before Interest and Tax (EBIT)
Interest
Earnings before Tax (EBT)
Taxes on Income
Net Profit after Tax (NPAT)
cumulated
Check (aggregation)
Sales, Cost of Sales and Gross Profit Contribution by Product/Service
1. Sales by Product/Service
Page 16
Summary 01
Sales
Product/Service
Desktops
Workstations
Notebooks
Software Products
Net work infrastructure solutions
Repair Services
Integration Services
Consulting Services
Spare Parts
License Fees
Total
2. Cost of Sales by Product/Service
Cost of Sales
Page 17
Summary 01
Product/Service
Desktops
Workstations
Notebooks
Software Products
Repair Services
Consulting Services
Spare Parts
License Fees
Total
3. Gross Profit Contribution by Product/Service
Gross Profit Contribution

Product/Service
Desktops
Workstations
Notebooks
Software Products
Repair Services
Consulting Services
Page 18
Summary 01
Spare Parts
License Fees
Total
Revenue, Gross Profit and Net Profit
Company Headcount and Cost of Payroll
Headcount
Total no of Employees (end of FY on FTE basis)
Change (year to year)
Total Cost of payroll

incl. salaries & wages, benefits and other staff costs (in USD)
Division
Direct Labor Staff
Management & Administration Staff
Operational Staff
Sales, Marketing & Distribution Staff
Research & Development
Total costs of payroll
Page 19
Summary 01
www.excel-
financial-
model.com:
incl. Revenue share
Page 20
Summary 01
Go to table of contents
Go to error checks
in USD in %
75000 0.262347996
75000 0.262347996
210879.8283 0.737652004
80000 0.279837862
40000 0.139918931
60000 0.209878397
7500 0.0262348
23379.82831 0.081782015
285879.8283 1
285879.8283 1
210879.8283 0.737652004
75000 0.262347996
2.811731044
in USD in %
2272159.438 0.882197724
5000 0.00194132
11000 0.004270904
0 0
1527.839892 0.000593205
0 0
75000 0.0291198
80000 0.03106112
40000 0.01553056
60000 0.02329584
7500 0.00291198
23379.82831 0.009077546
Page 21
Summary 01
2575567.106 1
19793.8 19793.8
FY 2018 in %
43525
1454383.434 1
731676.1479 0.50308339
722707.2865 0.49691661
320111.3741 0.220101087
402595.9123 0.276815524
4500 0.003094095
21815.75152 0.015
0 0
5500 0.003781671
390780.1608 0.26869129
80330.55556 0.055233409
310449.6053 0.21345788
14326.01849 0.009850235
296123.5868 0.203607646
88837.07603 0.061082294
207286.5107 0.142525352
-33500 173786.5107
0
Page 22
Summary 01
(in USD) FY 2018 in %
355300 0.244295962
202400 0.139165501
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
1454383.434 1
Page 23
Summary 01
220043.164 0.300738468
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
731676.1479 1
135256.836 0.187152999
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Page 24
Summary 01
0 0
0 0
722707.2865 1
(in USD '000)
FY 2018 FY 2019
11 14
11 3
FY 2018 FY 2019
1 2
48666.66667 101925.8333
60650 137697.0833
52200 163306.6667
68650 166400
21400 62289
251566.6667 631618.5833
Page 25
Summary 01
Company: X-ample Computech Ltd.

Model Name: 5 Year Forecast
Sources of Funds
Bar Chart USES
0.882197724 Revenue share

0.00194132 Cost of Materials/Goods (incl. VAT)
0.004270904 Other Direct Costs (incl. VAT)
0 Overheads (incl. VAT)
0.000593205 Direct labor costs (w/o social insurance
0 Social insurance &www.excel-
income tax (PAYE/P
financial-
0.0291198 Extraordinary expenses
model.com:
0.03106112 Capital Expenditureincl.
(incl.
any VAT)
repayments
0.01553056 of current
Finance lease (charges account (if
& repayments)
applicable) =>
0.02329584 Advance paymentsdetails
& utilisation
on sheet
of accr
0.00291198 Interest + Financing Costs
"Financing"
0.009077546 Principal payments
VAT paid to tax authority
Taxes on income paid
Page 26
Summary 01
Liquidity/cash reserve
Dividend payout
Total Uses
FY 2019 in % available in commercial version only
2282650.004 1
1044059.837 0.457389365
1238590.167 0.542610635
703099.8834 0.308019137
535490.2836 0.234591498
7250 0.003176133
34239.75005 0.015
0 0
-1750 -0.00076665
506750.5336 0.222000978
131936.1111 0.057799536
374814.4225 0.164201442
13007.77385 0.005698541
361806.6486 0.158502901
108541.9946 0.04755087
253264.654 0.110952031
427051.1648
Page 27
Summary 01
443300 0.194204105
326600 0.143079315
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
2282650.004 1
Page 28
Summary 01
278080.3776 0.266345249
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
1044059.837 1
165219.6224 0.133393294
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Page 29
Summary 01
0 0
0 0
1238590.167 1
Page 30
Summary 01
Sources of Funds
in USD
Revenue share 23320

Cost of Materials/Goods (incl. VAT) 962867.0671
Other Direct Costs (incl. VAT) 43920.68876
Overheads (incl. VAT) 443281.9007
Direct labor costs (w/o social insurance+income tax) 59468.33333
Social insurance &www.excel-
income tax (PAYE/Payroll withholdings) 63952.08333
financial-
Extraordinary expenses
model.com:
0
Capital Expenditureincl.
(incl.
any VAT)
repayments 499550
of current
inance lease (charges account (if
& repayments) 2250
applicable) =>
Advance paymentsdetails
& utilisation
on sheet
of accruals 12500
nterest + Financing Costs
"Financing" 17677.09698
Principal payments 56879.82831
VAT paid to tax authority 36203.04048
axes on income paid 105000
Page 31
Summary 01
iquidity/cash reserve 228903.3003

Dividend payout 0
2555773.339
vailable in commercial version only
Page 32
Summary 01
Page 33
Summary 01
Page 34
Summary 01
File Name: EFM_Classic_Economy_Free_Version (an Alex 002).xlsx

Last updated: 42745
in % Bar Chart
0.00912444 0.00912444
0.376741964 0.376741964
0.017184892 0.017184892
0.173443354 0.173443354
0.023268234 0.023268234
0.025022596 0.025022596
0 0
0.19545943 0.19545943
0.00088036 0.00088036
0.004890888 0.004890888
0.006916535 0.006916535
0.022255428 0.022255428
0.0141652 0.0141652
0.041083455 0.041083455
Page 35
Summary 01
0.089563224 0.089563224
0 0
1
Page 36
FY 2
Income Statement Q-1 Q-2

(all figures in USD) Period Start 01 Dec 18 01 Jan 19 01 Feb 19 01 Mar 19 01 Apr 19
Period End 31 Dec 18 31 Jan 19 28 Feb 19 31 Mar 19 30 Apr 19
Revenue
- Desktops - - - 38,500 40,700
- Workstations - - - 18,400 23,000
- Notebooks - - - 13,400 13,400
- Software Products - - - 8,250 8,550
- Net work infrastructure solutions - - - 4,500 4,500
- Repair Services - - - 13,992 13,992
- Integration Services - - - 18,000 18,000
- Consulting Services - - - 18,955 19,145
- Spare Parts - - - 9,625 10,175
- License Fees - - - - -
Total Revenue - - - 143,622 151,462
Cost of Sales
- Materials/packaging/goods - - - 66,911 71,957
- Direct labor - - - 4,250 4,250
- Other direct costs - - - 4,381 4,770
Cost of Sales - - - 75,542 80,977
Gross Profit - - - 68,080 70,485
Gross profit margin (in %) - - - 52.6% 53.5%
- Management & Administration - - - 12,083 7,085
- Operational - - - 4,633 4,773
- Sales, Marketing & Distribution - - - 12,942 11,269
- Research & Development - - - - -
- General & Miscellaneous - - - 4,450 4,450
Total Overheads - - - 34,109 27,578
Trading Profit - - - 33,971 42,907
www.excel-financial-model.com Summary 02 page 37 of 290

FY 2018
Income Statement Q-3 Q-4

(all figures in USD) 01 May 19 01 Jun 19 01 Jul 19 01 Aug 19 01 Sep 19 01 Oct 19
31 May 19 30 Jun 19 31 Jul 19 31 Aug 19 30 Sep 19 31 Oct 19
Revenue
- Desktops 40,700 40,700 40,700 40,700 40,700 36,300
- Workstations 23,000 23,000 23,000 23,000 23,000 23,000
- Notebooks 13,400 13,400 13,400 13,400 13,400 14,740
- Software Products 8,550 8,550 8,550 8,550 8,550 8,250
- Net work infrastructure solutions 4,500 4,500 4,500 4,500 4,500 4,500
- Repair Services 13,992 13,992 13,992 13,992 13,992 13,992
- Integration Services 18,000 18,000 18,000 18,000 18,000 18,000
- Consulting Services 19,336 19,529 19,725 19,922 20,121 20,322
- Spare Parts 10,175 10,175 10,175 10,175 10,175 9,075
- License Fees - - - - 100,020 -
Total Revenue 151,653 151,846 152,042 152,239 252,458 148,179
Cost of Sales
- Materials/packaging/goods 71,972 71,986 72,001 72,016 72,031 69,401
- Direct labor 4,250 4,250 4,250 4,250 6,333 8,417
- Other direct costs 4,824 4,881 4,941 5,004 6,070 5,064
Cost of Sales 81,046 81,117 81,192 81,269 84,434 82,881
Gross Profit 70,607 70,729 70,850 70,970 168,025 65,298
Gross profit margin (in %) 53.4% 53.4% 53.4% 53.4% 33.4% 55.9%
- Management & Administration 7,087 7,089 7,091 7,094 7,096 7,098
- Operational 4,843 4,913 4,983 5,053 5,123 13,593
- Sales, Marketing & Distribution 11,273 11,607 11,281 17,835 18,839 16,414
- Research & Development - - - 6,100 5,100 5,100
- General & Miscellaneous 4,450 4,450 4,450 4,450 4,450 4,450
Total Overheads 27,654 28,060 27,806 40,532 40,608 46,655
Trading Profit 42,954 42,669 43,044 30,438 127,416 18,643

FY 2018
Income Statement Total

(all figures in USD) 01 Nov 19 01 Mar 19
30 Nov 19 30 Nov 19
Revenue
- Desktops 36,300 355,300
- Workstations 23,000 202,400
- Notebooks 14,740 123,280
- Software Products 8,250 76,050
- Net work infrastructure solutions 5,000 41,000
- Repair Services 13,992 125,928
- Integration Services 20,000 164,000
- Consulting Services 20,526 177,580
- Spare Parts 9,075 88,825
- License Fees - 100,020
Total Revenue 150,883 1,454,383
Cost of Sales
- Materials/packaging/goods 69,641 637,914
- Direct labor 8,417 48,667
- Other direct costs 5,161 45,095
Cost of Sales 83,219 731,676
Gross Profit 67,664 722,707
Gross profit margin (in %) 55.2% 50.3%
- Management & Administration 7,100 68,824
- Operational 13,663 61,580
- Sales, Marketing & Distribution 16,798 128,258
- Research & Development 5,100 21,400
- General & Miscellaneous 4,450 40,050
Total Overheads 47,111 320,111
Trading Profit 20,553 402,596

FY 2019 FY 2019
Income Statement Q-1 Q-2 Q-3 Q-4 Total

(all figures in USD) 01 Dec 19 01 Mar 20 01 Jun 20 01 Sep 20 01 Dec 19
29 Feb 20 31 May 20 31 Aug 20 30 Nov 20 30 Nov 20
Revenue
- Desktops 108,900 108,900 108,900 116,600 443,300
- Workstations 82,800 82,800 82,800 78,200 326,600
- Notebooks 44,220 44,220 45,540 46,200 180,180
- Software Products 24,750 24,750 24,750 25,800 100,050
- Net work infrastructure solutions 15,151 15,610 16,083 16,570 63,413
- Repair Services 40,704 38,160 38,160 38,160 155,184
- Integration Services 60,000 60,000 60,000 60,000 240,000
- Consulting Services 62,816 64,720 66,681 68,701 262,918
- Spare Parts 27,225 27,225 27,225 29,150 110,825
- License Fees 100,030 100,040 100,050 100,060 400,180
Total Revenue 566,596 566,424 570,188 579,441 2,282,650
Cost of Sales
- Materials/packaging/goods 216,757 215,025 215,300 218,797 865,880
- Direct labor 25,418 25,503 25,503 25,503 101,926
- Other direct costs 17,772 18,541 19,471 20,471 76,254
Cost of Sales 259,947 259,069 260,273 264,771 1,044,060
Gross Profit 306,649 307,356 309,915 314,671 1,238,590
Gross profit margin (in %) 45.9% 45.7% 45.6% 45.7% 45.7%
- Management & Administration 36,949 37,387 37,457 37,479 149,271
- Operational 41,997 42,920 43,550 56,260 184,727
- Sales, Marketing & Distribution 52,452 64,658 67,894 68,409 253,413
- Research & Development 15,498 15,597 15,597 15,597 62,289
- General & Miscellaneous 13,350 13,350 13,350 13,350 53,400
Total Overheads 160,245 173,912 177,848 191,094 703,100
Trading Profit 146,403 133,444 132,067 123,576 535,490

Other operating income - - - - -
Bad debts - - - 2,154 2,272
Profit/loss sale of fixed assets - - - - -
Depreciation & Amortization - - - 4,531 5,850
Operating Profit - - - 27,286 34,785
Interest payable - - - 2,201 3,450
Interest receivable - - - 6 -
Extraordinary expenses - - - - 1,000
Extraordinary income - - - - -
Net Profit before Tax - - - 25,092 30,335
Taxes on income - - - 9,871 9,871
Net Profit after Tax (NPAT) - - - 15,221 20,465
cumulated (33,500) (33,500) (33,500) (33,500) (18,279) 2,185
Check (aggregation) Ok

Other operating income - 4,500 - - - -
Bad debts 2,275 2,278 2,281 2,284 3,787 2,223
Profit/loss sale of fixed assets - - - - - -
Depreciation & Amortization 9,517 9,517 10,183 10,183 10,183 10,183
Operating Profit 31,162 35,375 30,580 17,971 113,446 6,237
Interest payable 1,474 1,257 1,312 1,312 1,293 1,293
Interest receivable - - 39 35 44 195
Extraordinary expenses - - - - - -
Extraordinary income - - - - - 6,500
Net Profit before Tax 29,688 34,118 29,307 16,694 112,197 11,640
Taxes on income 9,871 9,871 9,871 9,871 9,871 9,871
Net Profit after Tax (NPAT) 19,817 24,247 19,437 6,823 102,326 1,769
cumulated 22,002 46,250 65,686 72,510 174,836 176,605
Check (aggregation)

Other operating income - 4,500
Bad debts 2,263 21,816
Profit/loss sale of fixed assets - -
Depreciation & Amortization 10,183 80,331
Operating Profit 8,106 304,950
Interest payable 1,293 14,884
Interest receivable 239 558
Extraordinary expenses - 1,000
Extraordinary income - 6,500
Net Profit before Tax 7,053 296,124
Taxes on income 9,871 88,837
Net Profit after Tax (NPAT) (2,818) 207,287
cumulated 173,787 173,787
Check (aggregation)

Other operating income - 7,250 - - 7,250
Bad debts 8,499 8,496 8,553 8,692 34,240
Profit/loss sale of fixed assets - - - - -
Depreciation & Amortization 30,550 32,869 34,258 34,258 131,936
Operating Profit 107,354 99,328 89,256 80,626 376,564
Interest payable 3,793 4,429 4,235 4,085 16,542
Interest receivable 970 731 738 1,095 3,534
Extraordinary expenses - - 1,750 - 1,750
Extraordinary income - - - - -
Net Profit before Tax 104,531 95,630 84,009 77,636 361,807
Taxes on income 27,135 27,135 27,135 27,135 108,542
Net Profit after Tax (NPAT) 77,396 68,495 56,874 50,500 253,265
cumulated 251,182 319,677 376,551 427,051 427,051
Check (aggregation)

FY
Balance Sheet Q-1 Q-2
(all figures in USD) 28 Feb 19 01 Dec 18 01 Jan 19 01 Feb 19 01 Mar 19 01 Apr 19

Op Bal 31 Dec 18 31 Jan 19 28 Feb 19 31 Mar 19 30 Apr 19
Intangible Assets 2,000 - - - 76,983 76,342

Tangible Assets 255,000 - - - 300,486 515,278
Financial Assets / Investments - - - - - -
Total Non-current Assets 257,000 - - - 377,469 591,619
Inventory 12,000 - - - 16,570 18,390

Changes in advance payments - - - - -
Accounts receivables 12,500 - - - 38,684 43,385
VAT owed to company - - - 4,692 6,030
Cash at bank 5,000 - - - - -
Total Current Assets 29,500 - - - 59,945 67,805
Overdraft facility 3,500 - - - 3,500 26,880

Changes in advances received - - - - 5,000
Accounts Payables 10,000 - - - 42,992 40,924
Sundry Creditors - - - 4,150 4,492
Accrued revenue share - - - 708 914
Accruals 10,000 - - - 10,000 11,000
Finance lease obligations - - - - -
Payroll withholdings owed 4,500 - - - 7,938 7,938
VAT owed by company - - - 6,660 7,177
Taxes on income owed - - - 9,871 19,742

VAT owed to tax authority - - - 2,081 (21,327)
Total Current Liabilities 28,000 - - - 87,899 102,739
Net current assets 1,500 - - - (27,954) (34,934)

Total assets less current liabilities 258,500 - - - 349,516 556,685
Debt Facilities (at model start) 222,000 - - - 222,000 222,000

Debt 1: UL Bank - - - 795 80,000
Debt 2: HSBC Bank - - - - 40,000
Debt 3: UBS - - - - 60,000
Debt 4: Shareholder Loan - - - - 7,500
Long-term Liabilities 222,000 - - - 222,795 409,500
NET ASSETS 36,500 - - - 126,721 147,185
Share Capital 70,000 - - - 145,000 145,000

Retained Earnings / (loss carried forward) (33,500) - - - (18,279) 2,185
Shareholders Equity 36,500 - - - 126,721 147,185
Check 1 Ok - - - - -
Check 2 Ok - - - -
Check 3 (aggregation) Ok

FY 2018
Balance Sheet Q-3 Q-4
(all figures in USD) 01 May 19 01 Jun 19 01 Jul 19 01 Aug 19 01 Sep 19 01 Oct 19 01 Nov 19
31 May 19 30 Jun 19 31 Jul 19 31 Aug 19 30 Sep 19 31 Oct 19 30 Nov 19
Intangible Assets 75,700 75,058 74,417 73,775 73,133 72,492 71,850

Tangible Assets 506,403 537,528 527,986 518,444 508,903 499,361 489,819
Financial Assets / Investments - - 55,000 55,000 55,000 55,000 55,000
Total Non-current Assets 582,103 612,586 657,403 647,219 637,036 626,853 616,669
Inventory 18,390 18,390 18,390 18,390 18,390 17,845 17,845

Changes in advance payments - - - - - - 10,000
Accounts receivables 40,506 37,381 37,381 37,381 37,381 35,822 35,360
VAT owed to company 6,079 6,079 6,079 6,079 6,079 5,741 5,649
Cash at bank - 30,992 27,712 34,940 156,109 191,443 180,232
Total Current Assets 64,975 92,842 89,562 96,790 217,959 250,851 249,085
Overdraft facility 7,046 - - - - - -

Changes in advances received 5,000 5,000 5,000 5,000 5,000 5,000 5,000
Accounts Payables 40,736 40,844 40,855 40,866 40,877 38,580 39,126
Sundry Creditors 4,564 4,636 4,708 4,780 4,852 4,924 4,997
Accrued revenue share 917 917 917 917 917 908 905
Accruals 11,000 8,500 8,500 8,500 8,500 8,500 8,500
Finance lease obligations - 40,000 40,000 40,000 38,750 38,750 38,750
Payroll withholdings owed 5,438 5,438 5,438 5,208 5,625 7,604 7,604
VAT owed by company 7,157 7,184 7,196 7,208 7,220 6,862 6,960
Taxes on income owed 2,946 12,816 22,687 5,891 15,762 25,633 8,837

VAT owed to tax authority (9,227) (15,656) (3,522) 8,630 8,157 19,838 31,790
Total Current Liabilities 75,575 109,679 131,779 127,000 135,660 156,600 152,468
Net current assets (10,600) (16,836) (42,216) (30,210) 82,300 94,252 96,617
Total assets less current liabilities 571,502 595,750 615,186 617,010 719,336 721,105 713,287
Debt Facilities (at model start) 217,000 217,000 217,000 212,000 212,000 212,000 207,000
Debt 1: UL Bank 80,000 80,000 80,000 80,000 80,000 80,000 80,000
Debt 2: HSBC Bank 40,000 40,000 40,000 40,000 40,000 40,000 40,000
Debt 3: UBS 60,000 60,000 60,000 60,000 60,000 60,000 60,000
Debt 4: Shareholder Loan 7,500 7,500 7,500 7,500 7,500 7,500 7,500
Long-term Liabilities 404,500 404,500 404,500 399,500 399,500 399,500 394,500
NET ASSETS 167,002 191,250 210,686 217,510 319,836 321,605 318,787
Share Capital 145,000 145,000 145,000 145,000 145,000 145,000 145,000

Retained Earnings / (loss carried forward) 22,002 46,250 65,686 72,510 174,836 176,605 173,787
Shareholders Equity 167,002 191,250 210,686 217,510 319,836 321,605 318,787
Check 1 - - - - - - -
Check 2 - - - - - - -
Check 3 (aggregation)

FY 2018
Balance Sheet Total
(all figures in USD) 01 Mar 19

30 Nov 19
Intangible Assets 71,850

Tangible Assets 489,819
Financial Assets / Investments 55,000
Total Non-current Assets 616,669
Inventory 17,845
Changes in advance payments 10,000
Accounts receivables 35,360
VAT owed to company 5,649
Cash at bank 180,232
Total Current Assets 249,085
Overdraft facility -
Changes in advances received 5,000
Accounts Payables 39,126
Sundry Creditors 4,997
Accrued revenue share 905
Accruals 8,500
Finance lease obligations 38,750
Payroll withholdings owed 7,604
VAT owed by company 6,960
Taxes on income owed 8,837

VAT owed to tax authority 31,790
Total Current Liabilities 152,468
Net current assets 96,617

Total assets less current liabilities 713,287
Debt Facilities (at model start) 207,000

Debt 1: UL Bank 80,000
Debt 2: HSBC Bank 40,000
Debt 3: UBS 60,000
Debt 4: Shareholder Loan 7,500
Long-term Liabilities 394,500
NET ASSETS 318,787
Share Capital 145,000

Retained Earnings / (loss carried forward) 173,787
Shareholders Equity 318,787
Check 1 -
Check 2 -

FY 2019 FY 2019
Balance Sheet Q-1 Q-2 Q-3 Q-4 Total
(all figures in USD) 01 Dec 19 01 Mar 20 01 Jun 20 01 Sep 20 01 Dec 19

29 Feb 20 31 May 20 31 Aug 20 30 Nov 20 30 Nov 20
Intangible Assets 69,925 68,000 66,075 64,150 64,150

Tangible Assets 493,694 512,750 480,417 448,083 448,083
Financial Assets / Investments 66,250 66,250 66,250 66,250 66,250
Total Non-current Assets 629,869 647,000 612,742 578,483 578,483
Inventory 19,225 19,225 19,390 20,240 20,240

Changes in advance payments 10,000 5,000 5,000 5,000 5,000
Accounts receivables 37,625 37,625 37,755 39,966 39,966
VAT owed to company 5,875 5,875 5,888 6,444 6,444
Cash at bank 248,697 126,221 220,781 324,725 324,725
Total Current Assets 321,422 193,946 288,814 396,375 396,375
Overdraft facility - - - - -
Changes in advances received 5,000 2,000 2,000 - -
Accounts Payables 40,459 40,495 40,533 44,990 44,990
Sundry Creditors 5,213 5,430 5,647 5,864 5,864
Accrued revenue share 1,020 1,020 1,020 994 994
Accruals 8,500 8,500 8,500 8,500 8,500
Finance lease obligations 38,750 38,750 38,750 37,250 37,250
Payroll withholdings owed 8,619 9,473 9,473 10,220 10,220
VAT owed by company 7,203 7,239 7,276 8,019 8,019
Taxes on income owed 10,973 4,271 6,406 8,542 8,542

VAT owed to tax authority 49,872 69,590 93,400 118,189 118,189
Total Current Liabilities 175,610 186,769 213,005 242,569 242,569
Net current assets 145,813 7,177 75,809 153,806 153,806

Total assets less current liabilities 775,682 654,177 688,551 732,289 732,289
Debt Facilities (at model start) 202,000 197,000 192,000 187,000 187,000
Debt 1: UL Bank 80,000 80,000 80,000 78,238 78,238
Debt 2: HSBC Bank 30,000 30,000 20,000 20,000 20,000
Debt 3: UBS 60,000 50,000 50,000 50,000 50,000
Debt 4: Shareholder Loan 7,500 7,500 - - -
Long-term Liabilities 379,500 364,500 342,000 335,238 335,238
NET ASSETS 396,182 289,677 346,551 397,051 397,051
Share Capital 145,000 145,000 145,000 145,000 145,000

Retained Earnings / (loss carried forward) 251,182 144,677 201,551 252,051 252,051
Shareholders Equity 396,182 289,677 346,551 397,051 397,051
Check 1 - - - - -
Check 2 - - - - -

Assumptions X-ample Computech Ltd.
Model: 5 Year Forecast Go to table of contents
Model Integrity: Fail Go to error checks
General Model Assumptions

Names and Information inputs only in these cells
Legal form Text Limited

Company name Text X-ample Computech Ltd.
Model name Text 5 Year Forecast
File name EFM_Classic_Economy_Free_Version (an Alex 002).x
Author of model Text TR
Last update Date 10 Jan 17
Language/Terminology (US vs. UK) Selection American English (US-Terminology)
Default currency code or symbol ISO 4217 Code USD max of 3 characters
Currency unit (select denomination) 1 or 1.000 1
Resulting currency label USD
Timing and Financial Year All timing parameters are fully adjustable in commercial version only
Start Date Date 01 Mar 19 Last month of finan
Planning horizon: Short financial year + x additional yrs Additional yrs 1 Year 1st financial year in
End Date Date 30 Nov 20 Short financ
Assumptions: Products and Services

Title for Product/Service Categories Input/output Taxes (sales taxes, GST, VAT etc.)
Description (used throughout the model) Select VAT Rate VAT Rate
www.excel-financial-model.com Inputs page 53 of 290

1 Desktops Rate 1 20.0%
2 Workstations Rate 2 10.0%
3 Notebooks Rate 2 10.0%
4 Software Products Rate 1 20.0%
5 Net work infrastructure solutions Rate 3 8.0%
6 Repair Services Rate 1 20.0%
7 Integration Services Rate 1 20.0%
8 Consulting Services Rate 1 20.0%
9 Spare Parts Rate 1 20.0%
10 License Fees Zero Rate -
=> Individual rates can be changed on this sh

Allocation of other direct costs to products/services
Based on 1. direct payroll costs, 2. sales, or 3. percentage inputs Selection Sales 2
Bad Debts
Bad debts (as % sales) % sales 1.50%

Human Resources
Wages & Salaries
Variable descriptions (input cells) can be changed Base Salary p.a.
1. Direct Labor Staff Annual Raise 2019
Fill in name or positon here USD 1.0% 20,000
Fill in name or positon here USD
2. Management & Administration Staff

3. Operational Staff
4. Sales, Marketing & Distribution Staff


5. Research & Development
Social security contributions and taxes

Income taxes & social insurances % of base salary 25.0% => can be turned on/off for each
Management &
Other Staff Costs Division =>
Administration Staff
Operational Staff
Recruiting Costs (one-time upon hiring) USD per FTE 5,000 -

Travel & Entertainment Costs USD /FTE/month 500 150
Communications Services USD /FTE/month 100 50
Training Costs % of base salary 5.0% 3.0%
Bonus at Plan Performance % of base salary 4.0% -
Spare % of base salary - -
Other staff costs for division <Direct Labor Staff> to be

Financing
Equity
Initial equity
Share Capital (maximum) USD 75,000 => cash-in at 1st
Additional equity
Share Capital USD -
Debt
1. Debt 1 automatic Annuity with quarterly interest and principal repaymen
Facility description Text UL Bank
Include this automatic debt facility ? Selection Yes Applied
Maximum debt (limit) USD 80,000 80,000
Timing UL Bank
Drawdown Period Months after start date 12 Month(s)
End of drawdown period Date 29 Feb 20
Tenor (after drawdown period) Years 10 Year(s) 120 Month(s)
Grace period Selection 6 Month(s)
Start repayment Date 30 Aug 20
Final maturity date Date 28 Feb 30
Total no of repayments (quarterly) # 38
Interest and Financing Fees: UL Bank

Interest % p.a. 3.75% % per quarter
Upfront Fee % of facility 1.50%
Upfront Fee USD 1,200
Commitment Fee % p.a. 2.00% % per month
2. Debt 2 semi-automatic Manual input of drawdowns and repayments necessar

Facility description Text HSBC Bank
Manual input of interest ? Selection No Interest will be calculated on a m

Interest (in case automatic calculation is selected) % p.a. 3.50%
3. Debt 3
Facility description Text UBS
4. Debt 4
Facility description Text Shareholder Loan
5. Overdraft Facility / Current Account (automatic)

Current account (max. overdraft) USD 65,000 Actual max. dra
Check current account with starting balance Check Ok
Interest paid on overdraft % p.a. 12.00% % per month

Other Assumptions
Payment Targets receivables/payables
Payment Profile: Receivables Percent Distribution
Product/Service Same Month 1M later
Desktops 60.0% 30.0%
Workstations 50.0% 50.0%
Notebooks 80.0% 20.0%
Software Products 70.0% 20.0%
Net work infrastructure solutions 100.0%
Repair Services 100.0%
Integration Services 100.0%
Consulting Services 100.0%
Spare Parts 100.0%
License Fees 100.0%
Payment Profile: Payables (material/packaging & goods) Percent Distribution

Product/Service Same Month 1M later
Desktops 25.0% 75.0%
Workstations 50.0% 50.0%
Notebooks 60.0% 40.0%
Software Products - 70.0%
Net work infrastructure solutions 100.0%
Repair Services 80.0% 20.0%
Integration Services 25.0% 75.0%
Consulting Services 25.0% 75.0%
Spare Parts 90.0% 10.0%
License Fees 100.0%

Taxes
1. Taxes on Income
Tax rate % 30.0%
Tax loss carryforward at model start USD -
Tax advances (prepayments) Financial Year => FY 2019 FY 2020

Advance tax payments USD p.a. 80,000 100,000
Tax payable (automat. calculation) USD p.a. 88,837 108,542
Prepayment dates (quarterly) Month of FY 3 6

Tax payment for previous year Month of FY 4 of the following FY

2. VAT / Sales Tax
Set descriptive term for sales or input/output tax Selection VAT select "Sales Tax", "GST" for G
VAT - Rates set all rates (1-3) below to zero if VAT (or other similar
Zero Rate % -
Rate 1 % 20.0%
Rate 2 % 10.0%
Rate 3 % 8.0%
VAT - Payment Dates
Intervall when VAT is paid to or refunded by state/tax authority Selection Quarterly 3
Percentage subject to VAT and rates applied
Output tax on Product/Service Sales => individual assumptions in row 28 ff. Information Percentage
Input tax on cost of materials/packaging & goods % 80% rate applied
Input tax on all other non-payroll expenses (other operat. exp., overheads etc.) % 70% rate applied
Input tax on capital expenditure => individual assumptions on sheet Capex Information
Miscellaneous
Interest Receipts
Interest rate cash on bank % p.a. 1.50% % per month
Target Stock / Change in Inventory

Include stock/inventory planning ? => Yes/No Selection Yes
P&L and Balance Sheet Items (no inputs here => see comments in column H)
Income Statement Items 2019 2020
Other operating income USD 4,500 7,250
Extraordinary expenses USD - 1,750
Extraordinary income USD 6,500 -

Balance Sheet Items
Accruals 2019 2020
Increase USD 1,000 -
Decrease (utilisation) USD (2,500) -
Changes in Advances Received & BS Account
Decrease USD - (5,000)
Changes in Advance Payments & BS Account
Decrease USD - (5,000)
Phasing out of opening balance sheet items
Payroll withholdings owed USD (4,500) -

Opening Balance (optional)
at model start => 28 Feb 19
Non-current Assets (NBV) 257,000 Notes:
Intangible Assets USD 2,000 => Amortisation can be de
Tangible Assets 255,000 => Variable descriptions fo
- Land and Buildings USD 100,000 => Depreciation can be de
- Plant & Machinery USD 130,000 => Depreciation can be de
- Vehicles USD 25,000 => Depreciation can be de
Financial Assets (Investments) USD - => Depreciation can be de
Current Assets 29,500

Inventory USD 12,000 => detailed input by produ
Accounts receivables USD 12,500 => equally phased out ove
Cash at bank USD 5,000
Current Liabilities 28,000

Overdraft facility USD 3,500
Accounts payables USD 10,000 => equally phased out ove
Accruals USD 10,000 => detailed input on this s
Payroll withholdings owed USD 4,500 => detailed input on this s
Long-term Liabilities
Debt Facilities (at model start) USD 222,000 => detailed input of princip
Net Assets USD 36,500
Shareholders Equity
Share Capital USD 70,000
Retained Earnings / (loss carried forward) USD (33,500) => negative inputs for any
Shareholders Equity USD 36,500

Balance Check Ok -

Integrity and Error Checks
Error Check Link to Error Check Result Tolerance
Balance Sheet (monthly on IFS) To Control Cell - 0.001

Balance Sheet (Summary 04) To Control Cell - 0.001
Balance Sheet (Summary 01) To Control Cell - 0.001
Balance Sheet (Opening Balance) To Control Cell - 0.001
Sources = Uses To Control Cell 19,794 0.001
Sufficient Funding (incl. Overdraft Facility) To Control Cell - 0.001
Cash always ≥ 0 To Control Cell - 0.001
Aggregation Income Statement (Summary 02 To Control Cell - 0.001
Aggregation Cashflow (Summary 03) To Control Cell - 0.001
Aggregation Balance Sheet (Summary 04) To Control Cell - 0.001
Aggregation Income Statement (Summary 01 To Control Cell - 0.001
Aggregation Cashflow (Summary 01) To Control Cell - 0.001
Check: VAT To Control Cell - 0.001
Payment Profile Debtors/Receivables To Control Cell - 0.001
Payment Profile Creditors/Payables To Control Cell - 0.001
Debt Facilities (at model start) - Principal payments ≤ Debt facility? To Control Cell - 0.001
Debt 1: UL Bank - Repayment ≤ Debt ? To Control Cell - 0.001
Debt 2: HSBC Bank - Repayment ≤ Debt ? To Control Cell - 0.001
Debt 3: UBS - Repayment ≤ Debt ? To Control Cell - 0.001
Debt 4: Shareholder Loan - Repayment ≤ Debt ? To Control Cell - 0.001
Overdraft limit >= Opening balance value? To Control Cell - 0.001
Check accruals: Decrease <= Existing Accruals? To Control Cell - 0.001
Check advances received: Decrease <= Existing advances received? To Control Cell - 0.001
Check advance payments: Decrease <= Existing advance payments? To Control Cell - 0.001
Check phasing out PAYE/Payroll withholdings owed OK? To Control Cell - 0.001
Master Check: Inputs for sale of assets OK ? To Control Cell - 0.001

Manual allocation: percentage distribution OK? To Control Cell - 0.001
Allocation of other direct costs OK? To Control Cell - 0.001
Total costs of sales: allocated sum and P&L identical? To Control Cell - 0.001
N.N. 0.001
N.N. 0.001
N.N. 0.001
N.N. 0.001
Integrity (Master )

Run this macro to delete all input data !
Time-saving macros available in commerical version only
Classic_Economy_Free_Version (an Alex 002).xlsx
2
max of 3 characters For full version click button
Full Version
Inputs Financial Year

Last month of financial year NOV 11
1st financial year in overview 01 Dec 18 until 30 Nov 19
Short financial year? Yes
Revenue Share
Revenue Share

-
5.0%
10.0%
ndividual rates can be changed on this sheet in row 183 ff.

2020
20,200
35,525
30,450
-
51,250
41,000
-
-
35,875
41,000
-
-
41,000
25,625
-
-

45,900
-
-
-
=> can be turned on/off for each staff member (on sheet human resources)
Sales, Marketing & Research &

Distribution Staff Development
1,500 1,000
550 100
100 50
2.0% 5.0%
5.0% 2.0%
- -
taff costs for division <Direct Labor Staff> to be planned on sheet Costs 02 rows 233 ff.

=> cash-in at 1st month ? No
=> cash-in on 01 Apr 16
y with quarterly interest and principal repayment
0.94%
0.17%
input of drawdowns and repayments necessary, interest may be calculated automatic (if selected)
Interest will be calculated on a monthly basis with below interest rate

Actual max. drawdown 23,380 USD
1.00%

Percent Distribution
2M later 3M later => Total for each row must equal 100%
10.0% Ok
- - Ok
- - Ok
10.0% - Ok
- Ok
- - Ok
- - Ok
- - Ok
- - Ok
- - Ok
Check Ok
Percent Distribution
2M later 3M later => Total for each row must equal 100%
Ok
- Ok
- Ok
20.0% 10.0% Ok
- - Ok
- - Ok
- - Ok
- - Ok
- - Ok
- - Ok

Check Ok
9 12

select "Sales Tax", "GST" for Goods & Services Tax or "VAT" for Value Added Tax
ates (1-3) below to zero if VAT (or other similar taxes) are not applicable
Select Rate
Rate 1 20.0%
Rate 1 20.0%
0.13%
uts here => see comments in column H)
=> detailed input on this sheet (row 302)





=> Amortisation can be defined on sheet Capex (row 19)
=> Variable descriptions for tangible asset class can be changed on sheet Capex
=> Depreciation can be defined on sheet Capex (row 52)
=> detailed input by product/service on the right => Inventory: Opening values by product/service
=> equally phased out over a period of x months => 4 month(s) Desktops 6,000
Workstations 750
Notebooks 4,500
Software Products 750
=> equally phased out over a period of x months => 2 month(s) Repair Services
=> detailed input on this sheet (row 307 ff.) Integration Services
=> detailed input on this sheet (row 327) Consulting Services
Spare Parts
License Fees
=> detailed input of principal repayments and interest on sheet Financing (rows 144 ff.) Total: 12,000
=> negative inputs for any loss carried forward !

Delta

Pass / Fail
Ok
Ok
Ok
Ok
Fail
Ok
Ok
Ok
Ok
Ok
Ok
Ok
Ok
Ok
Ok
Ok
Ok
Ok
Ok
Ok
Ok
Ok
Ok
Ok
Ok
Ok

Ok
Ok
Ok
Ok
Ok
Ok
Ok
Fail

Sales
Period Start 01 Mar 19 01 Apr 19
Period End Start End 28 Feb 19 31 Mar 19 30 Apr 19
Model Life 01 Mar 19 30 Nov 20 21 1 1
Sales Assumptions
1. Method: Manual, Direct Input All assumption values should be entered
Desktops USD -
Workstations USD -
Notebooks USD -
Software Products USD -
Net work infrastructure solutions USD 104,413 4,500 4,500
Repair Services USD 281,112 13,992 13,992
Integration Services USD 404,000 18,000 18,000
Consulting Services USD 440,499 18,955 19,145
Spare Parts USD 199,650 9,625 10,175
License Fees USD 500,200
Sales Subtotal 1 USD 1,929,873 65,072 65,812
2. Method: Price x Quantity All assumption values should be entered

Desktops
Sales quantity Units 726 35 37
Net selling price (per sales unit) USD 1,100.0 1,100.0
Sales Desktops USD 798,600 38,500 40,700
Workstations
Net selling price (per sales unit) USD 2,300.0 2,300.0
Sales 81 von 290

Sales Workstations USD 529,000 18,400 23,000
Notebooks
Net selling price (per sales unit) USD 670.0 670.0
Sales Notebooks USD 303,460 13,400 13,400
Software Products
Sales quantity Units 1,174 55 57
Net selling price (per sales unit) USD 150.0 150.0
Sales Software Products USD 176,100 8,250 8,550
Sales quantity Units -
Net selling price (per sales unit) USD
Sales Net work infrastructure solutions USD - - -
Repair Services
Sales Repair Services USD - - -
Sales Integration Services USD - - -
Consulting Services
Sales Consulting Services USD - - -
Spare Parts
Sales Spare Parts USD - - -
License Fees
Sales 82 von 290

Sales License Fees USD - - -
Sales Subtotal 2 USD 1,807,160 78,550 85,650
Total Sales and VAT

Total Sales VAT Rate
Desktops USD 20.0% 798,600 38,500 40,700
Workstations USD 10.0% 529,000 18,400 23,000
Notebooks USD 10.0% 303,460 13,400 13,400
Software Products USD 20.0% 176,100 8,250 8,550
Net work infrastructure solutions USD 8.0% 104,413 4,500 4,500
Repair Services USD 20.0% 281,112 13,992 13,992
Integration Services USD 20.0% 404,000 18,000 18,000
Consulting Services USD 20.0% 440,499 18,955 19,145
Spare Parts USD 20.0% 199,650 9,625 10,175
License Fees USD - 500,200 - -
Total Sales USD 3,737,033 143,622 151,462
Sales 83 von 290

Sales
Model Integrity: Fail
Period Start 01 May 19 01 Jun 19 01 Jul 19 01 Aug 19 01 Sep 19 01 Oct 19
Period End Start 31 May 19 30 Jun 19 31 Jul 19 31 Aug 19 30 Sep 19 31 Oct 19
Model Life 01 Mar 19 1 1 1 1 1 1
Sales Assumptions
1. Method: Manual, Direct InputAll assumption values should be entered net of input/output taxes (sales taxes, GST, VAT etc.)
Desktops USD
Workstations USD
Notebooks USD
Software Products USD
Net work infrastructure solutions USD 4,500 4,500 4,500 4,500 4,500 4,500
Repair Services USD 13,992 13,992 13,992 13,992 13,992 13,992
Integration Services USD 18,000 18,000 18,000 18,000 18,000 18,000
Consulting Services USD 19,336 19,529 19,725 19,922 20,121 20,322
Spare Parts USD 10,175 10,175 10,175 10,175 10,175 9,075
License Fees USD - - 100,020 -
Sales Subtotal 1 USD 66,003 66,196 66,392 66,589 166,808 65,889
2. Method: Price x Quantity All assumption values should be entered net of input/output taxes (sales taxes, GST, VAT etc.)
Desktops
Sales quantity Units 37 37 37 37 37 33
Net selling price (per sales unit) USD 1,100.0 1,100.0 1,100.0 1,100.0 1,100.0 1,100.0
Sales Desktops USD 40,700 40,700 40,700 40,700 40,700 36,300
Workstations
Sales 84 von 290

Sales Workstations USD 23,000 23,000 23,000 23,000 23,000 23,000
Notebooks
Net selling price (per sales unit) USD 670.0 670.0 670.0 670.0 670.0 670.0
Sales Notebooks USD 13,400 13,400 13,400 13,400 13,400 14,740
Software Products
Sales Software Products USD 8,550 8,550 8,550 8,550 8,550 8,250
Sales quantity Units
Sales Net work infrastructure solutions USD - - - - - -
Repair Services
Sales Repair Services USD - - - - - -
Sales Integration Services USD - - - - - -
Consulting Services
Sales Consulting Services USD - - - - - -
Spare Parts
Sales Spare Parts USD - - - - - -
License Fees
Sales 85 von 290

Sales License Fees USD - - - - - -
Total Sales and VAT

Total Sales
Desktops USD 40,700 40,700 40,700 40,700 40,700 36,300
Workstations USD 23,000 23,000 23,000 23,000 23,000 23,000
Notebooks USD 13,400 13,400 13,400 13,400 13,400 14,740
Software Products USD 8,550 8,550 8,550 8,550 8,550 8,250
Spare Parts USD 10,175 10,175 10,175 10,175 10,175 9,075
License Fees USD - - - - 100,020 -
Total Sales USD 151,653 151,846 152,042 152,239 252,458 148,179
Sales 86 von 290

Sales
Period Start 01 Nov 19 01 Dec 19 01 Jan 20 01 Feb 20
Period End Start 30 Nov 19 31 Dec 19 31 Jan 20 29 Feb 20
Model Life 01 Mar 19 1 1 1 1
Sales Assumptions
1. Method: Manual, Direct Input
Desktops USD
Workstations USD
Notebooks USD
Net work infrastructure solutions USD 5,000 5,000 5,050 5,101
Repair Services USD 13,992 13,992 13,992 12,720
Integration Services USD 20,000 20,000 20,000 20,000
Consulting Services USD 20,526 20,731 20,938 21,147
Spare Parts USD 9,075 9,075 9,075 9,075
Sales Subtotal 1 USD 68,593 168,828 69,055 68,043
2. Method: Price x Quantity

Desktops
Sales quantity Units 33 33 33 33
Net selling price (per sales unit) USD 1,100.0 1,100.0 1,100.0 1,100.0
Sales Desktops USD 36,300 36,300 36,300 36,300
Workstations
Net selling price (per sales unit) USD 2,300.0 2,300.0 2,300.0 2,300.0
Sales 87 von 290

Sales Workstations USD 23,000 27,600 27,600 27,600
Notebooks
Net selling price (per sales unit) USD 670.0 670.0 670.0 670.0
Sales Notebooks USD 14,740 14,740 14,740 14,740
Software Products
Net selling price (per sales unit) USD 150.0 150.0 150.0 150.0
Sales Software Products USD 8,250 8,250 8,250 8,250
Sales Net work infrastructure solutions USD - - - -
Repair Services
Sales Repair Services USD - - - -
Sales Integration Services USD - - - -
Consulting Services
Sales Consulting Services USD - - - -
Spare Parts
Sales Spare Parts USD - - - -
License Fees
Sales 88 von 290

Sales License Fees USD - - - -
Sales Subtotal 2 USD 82,290 86,890 86,890 86,890
Total Sales and VAT

Total Sales
Desktops USD 36,300 36,300 36,300 36,300
Workstations USD 23,000 27,600 27,600 27,600
Notebooks USD 14,740 14,740 14,740 14,740
Software Products USD 8,250 8,250 8,250 8,250
Net work infrastructure solutions USD 5,000 5,000 5,050 5,101
Repair Services USD 13,992 13,992 13,992 12,720
Integration Services USD 20,000 20,000 20,000 20,000
Consulting Services USD 20,526 20,731 20,938 21,147
Spare Parts USD 9,075 9,075 9,075 9,075
Total Sales USD 150,883 255,718 155,945 154,933
Sales 89 von 290

Sales
Period Start 01 Mar 20 01 Apr 20 01 May 20 01 Jun 20 01 Jul 20 01 Aug 20
Period End Start 31 Mar 20 30 Apr 20 31 May 20 30 Jun 20 31 Jul 20 31 Aug 20
Model Life 01 Mar 19 1 1 1 1 1 1
Sales Assumptions
Desktops USD
Workstations USD
Notebooks USD
Spare Parts USD 9,075 9,075 9,075 9,075 9,075 9,075
License Fees USD 100,040 - - 100,050 - -

Desktops
Workstations
Sales 90 von 290

Notebooks
Software Products
Repair Services
Consulting Services
Spare Parts
License Fees
Sales 91 von 290

Total Sales and VAT

Total Sales
Desktops USD 36,300 36,300 36,300 36,300 36,300 36,300
Workstations USD 27,600 27,600 27,600 27,600 27,600 27,600
Notebooks USD 14,740 14,740 14,740 14,740 15,400 15,400
Software Products USD 8,250 8,250 8,250 8,250 8,250 8,250
Spare Parts USD 9,075 9,075 9,075 9,075 9,075 9,075
License Fees USD 100,040 - - 100,050 - -
Total Sales USD 255,235 155,461 155,728 256,049 156,932 157,208
Sales 92 von 290

Sales
Period Start 01 Sep 20 01 Oct 20 01 Nov 20 01 Dec 20 01 Jan 21 01 Feb 21
Period End Start 30 Sep 20 31 Oct 20 30 Nov 20 31 Dec 20 31 Jan 21 28 Feb 21
Model Life 01 Mar 19 1 1 1 - - -
Sales Assumptions
Desktops USD
Workstations USD
Notebooks USD
Spare Parts USD 9,075 9,075 11,000 11,000 10,000 10,000
License Fees USD 100,060 - - 100,070 - -

Desktops
Workstations
Sales 93 von 290

Notebooks
Software Products
Repair Services
Consulting Services
Spare Parts
License Fees
Sales 94 von 290

Total Sales and VAT

Total Sales
Desktops USD 36,300 36,300 44,000 - - -
Workstations USD 27,600 25,300 25,300 - - -
Notebooks USD 15,400 15,400 15,400 - - -
Software Products USD 8,250 8,250 9,300 - - -
Net work infrastructure solutions USD 5,468 5,523 5,578 - - -
Repair Services USD 12,720 12,720 12,720 - - -
Integration Services USD 20,000 20,000 20,000 - - -
Consulting Services USD 22,673 22,900 23,129 - - -
Spare Parts USD 9,075 9,075 11,000 - - -
License Fees USD 100,060 - - - - -
Total Sales USD 257,546 155,468 166,427 - - -
Sales 95 von 290

Human Resources
Period Start 01 Mar 19 01 Apr 19 01 May 19
Period End Start End 28 Feb 19 31 Mar 19 30 Apr 19 31 May 19
Model Life 01 Mar 19 30 Nov 20 21 1 1 1
Flags & Counters
Calendar Year year 2019 2019 2019
Headcount
The variable descriptions can be changed on sheet Inputs
1. Direct Labor Staff
to be planned on sheet Costs 02
Subtotal all products & services via link 2 2 2
2. Management & Administration Staff SSC

Fill in name or positon here # Yes 1 1 1
Fill in name or positon here # Yes
Fill in name or positon here # No
Subtotal 1 1 1
Subtotal 1 1 1

Human Resources 96 von 290

Subtotal 1 1 1

Subtotal - - -
Total Headcount # 5 5 5
Development of headcount month to month 5
No further inputs on this sheet below this section ! No further inputs on this sheet below this section !
Wages & Salaries

1. Direct Labor Staff see sheet Costs 02

Fill in name or positon here USD 88,646 4,167 4,167 4,167
Fill in name or positon here USD 37,583 - - -
Fill in name or positon here USD - - - -
Subtotal USD 126,229 4,167 4,167 4,167

Subtotal USD 160,240 2,917 2,917 2,917

Subtotal USD 152,500 3,333 3,333 3,333

Subtotal USD 60,825 - - -
Total Wages & Salaries USD 499,794 10,417 10,417 10,417
Social security contributions and taxes

2. Management & Administration Staff SSC

Fill in name or positon here USD Yes 22,161 1,042 1,042 1,042
Fill in name or positon here USD Yes 9,396 - - -
Fill in name or positon here USD No - - - -
Fill in name or positon here USD Yes - - - -
Subtotal USD 31,557 1,042 1,042 1,042
Fill in name or positon here USD Yes 28,164 729 729 729

Subtotal USD 40,060 729 729 729

Fill in name or positon here USD Yes 38,125 833 833 833
Subtotal USD 38,125 833 833 833

Total Social security contributions & t USD 124,948 2,604 2,604 2,604
Other Staff Costs


Recruiting Costs (one-time upon hiring) USD 5,000 per FTE 10,000 5,000 - -
Travel & Entertainment Costs USD 500 per FTE/month 16,000 500 500 500
Communications Services USD 100 per FTE/month 3,200 100 100 100
Training Costs USD 5.0% % of base salary 6,311 208 208 208
Bonus at Plan Performance USD 4.0% % of base salary 5,049 167 167 167

Spare USD - % of base salary - - - -
Subtotal USD 40,561 5,975 975 975
Recruiting Costs (one-time upon hiring) USD - per FTE - - - -
Bonus at Plan Performance USD - % of base salary - - - -
Subtotal USD 15,207 288 288 288

Recruiting Costs (one-time upon hiring) USD 1,500 per FTE 4,500 1,500 - -
Bonus at Plan Performance USD 5.0% % of base salary 7,625 167 167 167
Subtotal USD 44,425 2,383 883 883

Recruiting Costs (one-time upon hiring) USD 1,000 per FTE 1,000 - - -
Travel & Entertainment Costs USD 100 per FTE/month 1,600 - - -
Communications Services USD 50 per FTE/month 800 - - -
Training Costs USD 5.0% % of base salary 3,041 - - -
Bonus at Plan Performance USD 2.0% % of base salary 1,217 - - -

Total Other Staff Costs USD 107,851 8,646 2,146 2,146
Total HR (w/o Direct Labor Costs) USD 732,593 21,667 15,167 15,167
Summary (with direct labor costs)

Direct Labor Staff USD 150,593 4,250 4,250 4,250
Management & Administration Staff USD 198,347 11,183 6,183 6,183
Operational Staff USD 215,507 3,933 3,933 3,933
Sales, Marketing & Distribution Staff USD 235,050 6,550 5,050 5,050
Research & Development USD 83,689 - - -
Total (with direct labor costs) USD 883,185 25,917 19,417 19,417

01 Jun 19 01 Jul 19 01 Aug 19 01 Sep 19 01 Oct 19 01 Nov 19 01 Dec 19 01 Jan 20 01 Feb 20 01 Mar 20 01 Apr 20 01 May 20
30 Jun 19 31 Jul 19 31 Aug 19 30 Sep 19 31 Oct 19 30 Nov 19 31 Dec 19 31 Jan 20 29 Feb 20 31 Mar 20 30 Apr 20 31 May 20
1 1 1 1 1 1 1 1 1 1 1 1
2019 2019 2019 2019 2019 2019 2019 2020 2020 2020 2020 2020
2 2 2 3 4 4 4 4 4 4 4 4
1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1
1 1 1 1 1 1 1 2 2 2 2 2
1 1 1 1 2 2 2 2 2 2 2 2
1 1 1 1 1 1 1 1
1 1 1 1 3 3 3 3 3 3 3 3
1 1 2 2 2 2 2 2 2 2 3 3

1 1 2 2 2 2 2 2 2 2 3 3
1 1 1 1 1 1 1 1 1 1
- - 1 1 1 1 1 1 1 1 1 1
5 5 7 8 11 11 11 12 12 12 13 13
2 1 3 1 1
4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,271 4,271 4,271 4,271 4,271
- - - - - - - 3,417 3,417 3,417 3,417 3,417
- - - - - - - - - - - -
- - - - - - - - - - - -
4,167 4,167 4,167 4,167 4,167 4,167 4,167 7,688 7,688 7,688 7,688 7,688
2,917 2,917 2,917 2,917 5,833 5,833 5,833 5,979 5,979 5,979 5,979 5,979
- - - - 3,333 3,333 3,333 3,417 3,417 3,417 3,417 3,417
- - - - - - - - - - - -
- - - - - - - - - - - -

2,917 2,917 2,917 2,917 9,167 9,167 9,167 9,396 9,396 9,396 9,396 9,396
3,333 3,333 6,667 6,667 6,667 6,667 6,667 6,833 6,833 6,833 10,250 10,250
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
3,333 3,333 6,667 6,667 6,667 6,667 6,667 6,833 6,833 6,833 10,250 10,250
- - 3,750 3,750 3,750 3,750 3,750 3,825 3,825 3,825 3,825 3,825
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - 3,750 3,750 3,750 3,750 3,750 3,825 3,825 3,825 3,825 3,825
10,417 10,417 17,500 17,500 23,750 23,750 23,750 27,742 27,742 27,742 31,158 31,158
1,042 1,042 1,042 1,042 1,042 1,042 1,042 1,068 1,068 1,068 1,068 1,068
- - - - - - - 854 854 854 854 854
- - - - - - - - - - - -
- - - - - - - - - - - -
1,042 1,042 1,042 1,042 1,042 1,042 1,042 1,922 1,922 1,922 1,922 1,922
729 729 729 729 1,458 1,458 1,458 1,495 1,495 1,495 1,495 1,495

- - - - 833 833 833 854 854 854 854 854
- - - - - - - - - - - -
- - - - - - - - - - - -
729 729 729 729 2,292 2,292 2,292 2,349 2,349 2,349 2,349 2,349
833 833 1,667 1,667 1,667 1,667 1,667 1,708 1,708 1,708 2,563 2,563
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
833 833 1,667 1,667 1,667 1,667 1,667 1,708 1,708 1,708 2,563 2,563
- - 938 938 938 938 938 956 956 956 956 956
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - 938 938 938 938 938 956 956 956 956 956
2,604 2,604 4,375 4,375 5,938 5,938 5,938 6,935 6,935 6,935 7,790 7,790
- - - - - - - 5,000 - - - -
500 500 500 500 500 500 500 1,000 1,000 1,000 1,000 1,000
100 100 100 100 100 100 100 200 200 200 200 200
208 208 208 208 208 208 208 384 384 384 384 384
167 167 167 167 167 167 167 308 308 308 308 308

- - - - - - - - - - - -
975 975 975 975 975 975 975 6,892 1,892 1,892 1,892 1,892
- - - - - - - - - - - -
150 150 150 150 450 450 450 450 450 450 450 450
50 50 50 50 150 150 150 150 150 150 150 150
88 88 88 88 275 275 275 282 282 282 282 282
- - - - - - - - - - - -
- - - - - - - - - - - -
288 288 288 288 875 875 875 882 882 882 882 882
- - 1,500 - - - - - - - 1,500 -
550 550 1,100 1,100 1,100 1,100 1,100 1,100 1,100 1,100 1,650 1,650
100 100 200 200 200 200 200 200 200 200 300 300
67 67 133 133 133 133 133 137 137 137 205 205
167 167 333 333 333 333 333 342 342 342 513 513
- - - - - - - - - - - -
883 883 3,267 1,767 1,767 1,767 1,767 1,778 1,778 1,778 4,168 2,668
- - 1,000 - - - - - - - - -
- - 100 100 100 100 100 100 100 100 100 100
- - 50 50 50 50 50 50 50 50 50 50
- - 188 188 188 188 188 191 191 191 191 191
- - 75 75 75 75 75 77 77 77 77 77
- - - - - - - - - - - -
- - 1,413 413 413 413 413 418 418 418 418 418

2,146 2,146 5,942 3,442 4,029 4,029 4,029 9,970 4,970 4,970 7,359 5,859
15,167 15,167 27,817 25,317 33,717 33,717 33,717 44,647 39,647 39,647 46,307 44,807
4,250 4,250 4,250 6,333 8,417 8,417 8,417 8,501 8,501 8,501 8,501 8,501
6,183 6,183 6,183 6,183 6,183 6,183 6,183 16,501 11,501 11,501 11,501 11,501
3,933 3,933 3,933 3,933 12,333 12,333 12,333 12,627 12,627 12,627 12,627 12,627
5,050 5,050 11,600 10,100 10,100 10,100 10,100 10,320 10,320 10,320 16,980 15,480
- - 6,100 5,100 5,100 5,100 5,100 5,199 5,199 5,199 5,199 5,199
19,417 19,417 32,067 31,650 42,133 42,133 42,133 53,148 48,148 48,148 54,808 53,308

01 Jun 20 01 Jul 20 01 Aug 20 01 Sep 20 01 Oct 20 01 Nov 20 01 Dec 20 01 Jan 21 01 Feb 21
30 Jun 20 31 Jul 20 31 Aug 20 30 Sep 20 31 Oct 20 30 Nov 20 31 Dec 20 31 Jan 21 28 Feb 21
1 1 1 1 1 1 - - -
2020 2020 2020 2020 2020 2020 2020 2021 2021
4 4 4 4 4 4 - - -
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
2 2 2 2 2 2 - - -
2 2 2 3 3 3 3 3 3
1 1 1 1 1 1 1 1 1
3 3 3 4 4 4 - - -
3 3 3 3 3 3 4 4 4

3 3 3 3 3 3 - - -
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 - - -
13 13 13 14 14 14 - - -
1
4,271 4,271 4,271 4,271 4,271 4,271 - - -

3,417 3,417 3,417 3,417 3,417 3,417 - - -
- - - - - - - - -
- - - - - - - - -
7,688 7,688 7,688 7,688 7,688 7,688 - - -
5,979 5,979 5,979 8,969 8,969 8,969 - - -

3,417 3,417 3,417 3,417 3,417 3,417 - - -
- - - - - - - - -
- - - - - - - - -

9,396 9,396 9,396 12,385 12,385 12,385 - - -
10,250 10,250 10,250 10,250 10,250 10,250 - - -

- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
10,250 10,250 10,250 10,250 10,250 10,250 - - -
3,825 3,825 3,825 3,825 3,825 3,825 - - -

- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
3,825 3,825 3,825 3,825 3,825 3,825 - - -
31,158 31,158 31,158 34,148 34,148 34,148 - - -
1,068 1,068 1,068 1,068 1,068 1,068 - - -

854 854 854 854 854 854 - - -
- - - - - - - - -
- - - - - - - - -
1,922 1,922 1,922 1,922 1,922 1,922 - - -
1,495 1,495 1,495 2,242 2,242 2,242 - - -

854 854 854 854 854 854 - - -
- - - - - - - - -
- - - - - - - - -
2,349 2,349 2,349 3,096 3,096 3,096 - - -
2,563 2,563 2,563 2,563 2,563 2,563 - - -

- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
2,563 2,563 2,563 2,563 2,563 2,563 - - -
956 956 956 956 956 956 - - -

- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
956 956 956 956 956 956 - - -
7,790 7,790 7,790 8,537 8,537 8,537 - - -
- - - - - - - - -
1,000 1,000 1,000 1,000 1,000 1,000 - - -
200 200 200 200 200 200 - - -
384 384 384 384 384 384 - - -
308 308 308 308 308 308 - - -

- - - - - - - - -
1,892 1,892 1,892 1,892 1,892 1,892 - - -
- - - - - - - - -
450 450 450 600 600 600 - - -
150 150 150 200 200 200 - - -
282 282 282 372 372 372 - - -
- - - - - - - - -
- - - - - - - - -
882 882 882 1,172 1,172 1,172 - - -
- - - - - - - - -
1,650 1,650 1,650 1,650 1,650 1,650 - - -
300 300 300 300 300 300 - - -
205 205 205 205 205 205 - - -
513 513 513 513 513 513 - - -
- - - - - - - - -
2,668 2,668 2,668 2,668 2,668 2,668 - - -
- - - - - - - - -
100 100 100 100 100 100 - - -
50 50 50 50 50 50 - - -
191 191 191 191 191 191 - - -
77 77 77 77 77 77 - - -
- - - - - - - - -
418 418 418 418 418 418 - - -

5,859 5,859 5,859 6,149 6,149 6,149 - - -
44,807 44,807 44,807 48,834 48,834 48,834 - - -
8,501 8,501 8,501 8,501 8,501 8,501 - - -

11,501 11,501 11,501 11,501 11,501 11,501 - - -
12,627 12,627 12,627 16,653 16,653 16,653 - - -
15,480 15,480 15,480 15,480 15,480 15,480 - - -
5,199 5,199 5,199 5,199 5,199 5,199 - - -
53,308 53,308 53,308 57,334 57,334 57,334 - - -

Cost of Materials/Packaging or Goods required and Inventory
Period Start
Period End Start End 28 Feb 19
Model Life 01 Mar 19 30 Nov 20 21
Month of model #
Cost of Materials/Packaging or Goods required

Desktops USD -
Workstations USD -
Notebooks USD -
Software Products USD -
Net work infrastructure solutions USD -
Repair Services USD -
Integration Services USD -
Consulting Services USD -
Spare Parts USD -
License Fees USD -
Cost of Materials/Goods Subtotal 1 USD -
2. Method: Costs x Quantity

Desktops Quantities derive from method 2 on sheet sales
Sales quantity: Desktops Units 726

Cost of Materials/Goods: Desktops (per unit) USD/per unit
Cost of Materials/Goods: Desktops USD 435,600
Costs 01 114 von 290

Workstations
Sales quantity: Workstations Units 230
Cost of Materials/Goods: Workstations (per unit) USD/per unit
Cost of Materials/Goods: Workstations USD 368,000
Notebooks
Sales quantity: Notebooks Units 448
Cost of Materials/Goods: Notebooks (per unit) USD/per unit
Cost of Materials/Goods: Notebooks USD 179,200
Software Products
Sales quantity: Software Products Units 1,174
Cost of Materials/Goods: Software Products (per unit) USD/per unit
Cost of Materials/Goods: Software Products USD 129,140
Sales quantity: Net work infrastructure solutions Units -
Cost of Materials/Goods: Net work infrastructure solutions (per unit)USD/per unit
Cost of Materials/Goods: Net work infrastructure solutions USD -
Repair Services
Sales quantity: Repair Services Units -
Cost of Materials/Goods: Repair Services (per unit) USD/per unit
Cost of Materials/Goods: Repair Services USD -
Sales quantity: Integration Services Units -
Cost of Materials/Goods: Integration Services (per unit) USD/per unit
Cost of Materials/Goods: Integration Services USD -
Consulting Services
Sales quantity: Consulting Services Units -

Cost of Materials/Goods: Consulting Services (per unit) USD/per unit
Cost of Materials/Goods: Consulting Services USD -
Spare Parts
Sales quantity: Spare Parts Units -
Cost of Materials/Goods: Spare Parts (per unit) USD/per unit
Cost of Materials/Goods: Spare Parts USD -
License Fees
Sales quantity: License Fees Units -
Cost of Materials/Goods: License Fees (per unit) USD/per unit
Cost of Materials/Goods: License Fees USD -
Cost of Materials/Goods Subtotal 2 USD 1,111,940
3. Method: Percentage of Total Sales

Desktops 2019 2020 2021 2022 2023
Cost of materials/goods as percentage of total sales => %
Cost of Materials/Goods: Desktops USD -
Workstations 2019 2020 2021 2022 2023

Cost of Materials/Goods: Workstations USD -
Notebooks 2019 2020 2021 2022 2023

Cost of Materials/Goods: Notebooks USD -
Software Products 2019 2020 2021 2022 2023

Cost of Materials/Goods: Software Products USD -
Net work infrastructure solutions 2019 2020 2021 2022 2023

Cost of materials/goods as percentage of total sales => % 25.0% 27.0% 29.0% 25.0% 25.0%
Cost of Materials/Goods: Net work infrastructure solutions USD 27,271
Repair Services 2019 2020 2021 2022 2023

Cost of Materials/Goods: Repair Services USD 161,608
Integration Services 2019 2020 2021 2022 2023

Cost of Materials/Goods: Integration Services USD 20,200
Consulting Services 2019 2020 2021 2022 2023

Cost of Materials/Goods: Consulting Services USD 33,037
Spare Parts 2019 2020 2021 2022 2023

Cost of Materials/Goods: Spare Parts USD 149,738
License Fees 2019 2020 2021 2022 2023

Cost of Materials/Goods: License Fees USD -
Cost of Materials/Goods Subtotal 3 USD 391,854

Summary: Total Cost of Materials/Goods
Desktops USD 435,600
Workstations USD 368,000
Notebooks USD 179,200
Software Products USD 129,140
Net work infrastructure solutions USD 27,271
Repair Services USD 161,608
Integration Services USD 20,200
Consulting Services USD 33,037
Spare Parts USD 149,738
License Fees USD -
Total Cost of Materials/Goods USD 1,503,794

Period Start 01 Mar 19 01 Apr 19 01 May 19 01 Jun 19 01 Jul 19
Period End Start 31 Mar 19 30 Apr 19 31 May 19 30 Jun 19 31 Jul 19
Model Life 01 Mar 19 1 1 1 1 1
Month of model # 1 2 3 4 5

1. Method: Manual, Direct Input All assumption values should be entered net of input/output taxes (sales taxes, GST,
Desktops USD
Workstations USD
Notebooks USD
Net work infrastructure solutions USD
Repair Services USD
Integration Services USD
Consulting Services USD
Spare Parts USD
License Fees USD
Cost of Materials/Goods Subtotal 1 USD - - - - -

Desktops Quantities derive from
Allmethod 2 on values
assumption sheet sales
should be entered net of input/output taxes (sales taxes, GST,
Sales quantity: Desktops Units 35 37 37 37 37
Cost of Materials/Goods: Desktops (per unit) USD/per unit 600.0 600.0 600.0 600.0 600.0
Cost of Materials/Goods: Desktops USD 21,000 22,200 22,200 22,200 22,200

Workstations
Sales quantity: Workstations Units 8 10 10 10 10
Cost of Materials/Goods: Workstations (per unit) USD/per unit 1,600.0 1,600.0 1,600.0 1,600.0 1,600.0
Cost of Materials/Goods: Workstations USD 12,800 16,000 16,000 16,000 16,000
Notebooks
Sales quantity: Notebooks Units 20 20 20 20 20
Cost of Materials/Goods: Notebooks (per unit) USD/per unit 400.0 400.0 400.0 400.0 400.0
Cost of Materials/Goods: Notebooks USD 8,000 8,000 8,000 8,000 8,000
Software Products
Sales quantity: Software Products Units 55 57 57 57 57
Cost of Materials/Goods: Software Products (per unit) USD/per unit 110.0 110.0 110.0 110.0 110.0
Cost of Materials/Goods: Software Products USD 6,050 6,270 6,270 6,270 6,270
Sales quantity: Net work infrastructure solutions Units - - - - -
Cost of Materials/Goods: Net work infrastructure solutions USD - - - - -
Repair Services
Sales quantity: Repair Services Units - - - - -
Cost of Materials/Goods: Repair Services USD - - - - -
Sales quantity: Integration Services Units - - - - -
Cost of Materials/Goods: Integration Services USD - - - - -
Consulting Services
Sales quantity: Consulting Services Units - - - - -

Cost of Materials/Goods: Consulting Services USD - - - - -
Spare Parts
Sales quantity: Spare Parts Units - - - - -
Cost of Materials/Goods: Spare Parts USD - - - - -
License Fees
Sales quantity: License Fees Units - - - - -
Cost of Materials/Goods: License Fees USD - - - - -
Cost of Materials/Goods Subtotal 2 USD 47,850 52,470 52,470 52,470 52,470

Desktops
Cost of Materials/Goods: Desktops USD - - - - -
Workstations
Cost of Materials/Goods: Workstations USD - - - - -
Notebooks
Cost of Materials/Goods: Notebooks USD - - - - -
Software Products

Cost of Materials/Goods: Software Products USD - - - - -

Cost of Materials/Goods: Net work infrastructure solutions USD 1,125 1,125 1,125 1,125 1,125
Repair Services
Cost of Materials/Goods: Repair Services USD 8,395 8,395 8,395 8,395 8,395
Cost of Materials/Goods: Integration Services USD 900 900 900 900 900
Consulting Services
Cost of Materials/Goods: Consulting Services USD 1,422 1,436 1,450 1,465 1,479
Spare Parts
Cost of Materials/Goods: Spare Parts USD 7,219 7,631 7,631 7,631 7,631
License Fees

Desktops USD 21,000 22,200 22,200 22,200 22,200
Workstations USD 12,800 16,000 16,000 16,000 16,000
Notebooks USD 8,000 8,000 8,000 8,000 8,000
Software Products USD 6,050 6,270 6,270 6,270 6,270
Net work infrastructure solutions USD 1,125 1,125 1,125 1,125 1,125
Repair Services USD 8,395 8,395 8,395 8,395 8,395
Integration Services USD 900 900 900 900 900
Consulting Services USD 1,422 1,436 1,450 1,465 1,479
Spare Parts USD 7,219 7,631 7,631 7,631 7,631
License Fees USD - - - - -
Total Cost of Materials/Goods USD 66,911 71,957 71,972 71,986 72,001

Period Start 01 Aug 19 01 Sep 19 01 Oct 19 01 Nov 19 01 Dec 19
Period End Start 31 Aug 19 30 Sep 19 31 Oct 19 30 Nov 19 31 Dec 19
Month of model # 6 7 8 9 10

1. Method: Manual, Direct
All assumption valuesInput
should be entered net of input/output taxes (sales taxes, GST, VAT etc.)
Desktops USD
Workstations USD
Notebooks USD
Repair Services USD
Spare Parts USD
License Fees USD

Desktops Quantities taxes
All assumption values should be entered net of input/output derive(sales
from method 2 onVAT
taxes, GST, sheet sales
etc.)

Workstations
Notebooks
Software Products
Repair Services
Consulting Services

Spare Parts
License Fees

Desktops
Workstations
Notebooks
Software Products


Repair Services
Cost of Materials/Goods: Integration Services USD 900 900 900 1,000 1,000
Consulting Services
Spare Parts
License Fees

Desktops USD 22,200 22,200 19,800 19,800 19,800
Notebooks USD 8,000 8,000 8,800 8,800 8,800
Integration Services USD 900 900 900 1,000 1,000
Spare Parts USD 7,631 7,631 6,806 6,806 6,806

Period Start 01 Jan 20 01 Feb 20
Period End Start 31 Jan 20 29 Feb 20
Model Life 01 Mar 19 1 1
Month of model # 11 12

Desktops USD
Workstations USD
Notebooks USD
Repair Services USD
Spare Parts USD
License Fees USD
Cost of Materials/Goods Subtotal 1 USD - -

Sales quantity: Desktops Units 33 33

Cost of Materials/Goods: Desktops (per unit) USD/per unit 600.0 600.0
Cost of Materials/Goods: Desktops USD 19,800 19,800

Workstations
Sales quantity: Workstations Units 12 12
Cost of Materials/Goods: Workstations (per unit) USD/per unit 1,600.0 1,600.0
Cost of Materials/Goods: Workstations USD 19,200 19,200
Notebooks
Sales quantity: Notebooks Units 22 22
Cost of Materials/Goods: Notebooks (per unit) USD/per unit 400.0 400.0
Cost of Materials/Goods: Notebooks USD 8,800 8,800
Software Products
Sales quantity: Software Products Units 55 55
Cost of Materials/Goods: Software Products (per unit) USD/per unit 110.0 110.0
Cost of Materials/Goods: Software Products USD 6,050 6,050
Sales quantity: Net work infrastructure solutions Units - -
Cost of Materials/Goods: Net work infrastructure solutions USD - -
Repair Services
Sales quantity: Repair Services Units - -
Cost of Materials/Goods: Repair Services USD - -
Sales quantity: Integration Services Units - -
Cost of Materials/Goods: Integration Services USD - -
Consulting Services
Sales quantity: Consulting Services Units - -

Cost of Materials/Goods: Consulting Services USD - -
Spare Parts
Sales quantity: Spare Parts Units - -
Cost of Materials/Goods: Spare Parts USD - -
License Fees
Sales quantity: License Fees Units - -
Cost of Materials/Goods: License Fees USD - -
Cost of Materials/Goods Subtotal 2 USD 53,850 53,850

Desktops
Cost of Materials/Goods: Desktops USD - -
Workstations
Cost of Materials/Goods: Workstations USD - -
Notebooks
Cost of Materials/Goods: Notebooks USD - -
Software Products

Cost of Materials/Goods: Software Products USD - -

Cost of Materials/Goods: Net work infrastructure solutions USD 1,364 1,377
Repair Services
Cost of Materials/Goods: Repair Services USD 7,696 6,996
Cost of Materials/Goods: Integration Services USD 1,000 1,000
Consulting Services
Cost of Materials/Goods: Consulting Services USD 1,570 1,586
Spare Parts
Cost of Materials/Goods: Spare Parts USD 6,806 6,806
License Fees
Cost of Materials/Goods Subtotal 3 USD 18,436 17,765

Desktops USD 19,800 19,800
Workstations USD 19,200 19,200
Notebooks USD 8,800 8,800
Software Products USD 6,050 6,050
Net work infrastructure solutions USD 1,364 1,377
Repair Services USD 7,696 6,996
Integration Services USD 1,000 1,000
Consulting Services USD 1,570 1,586
Spare Parts USD 6,806 6,806
License Fees USD - -
Total Cost of Materials/Goods USD 72,286 71,615

Period Start 01 Mar 20 01 Apr 20 01 May 20 01 Jun 20 01 Jul 20
Period End Start 31 Mar 20 30 Apr 20 31 May 20 30 Jun 20 31 Jul 20
Month of model # 13 14 15 16 17

Desktops USD
Workstations USD
Notebooks USD
Repair Services USD
Spare Parts USD
License Fees USD



Workstations
Notebooks
Software Products
Repair Services
Consulting Services

Spare Parts
License Fees

Desktops
Workstations
Notebooks
Software Products


Repair Services
Cost of Materials/Goods: Integration Services USD 1,000 1,000 1,000 1,000 1,000
Consulting Services
Spare Parts
License Fees

Desktops USD 19,800 19,800 19,800 19,800 19,800
Notebooks USD 8,800 8,800 8,800 8,800 8,800
Integration Services USD 1,000 1,000 1,000 1,000 1,000
Spare Parts USD 6,806 6,806 6,806 6,806 6,806

Period Start 01 Aug 20 01 Sep 20 01 Oct 20 01 Nov 20 01 Dec 20
Period End Start 31 Aug 20 30 Sep 20 31 Oct 20 30 Nov 20 31 Dec 20
Model Life 01 Mar 19 1 1 1 1 -
Month of model # 18 19 20 21 22

Desktops USD
Workstations USD
Notebooks USD
Repair Services USD
Spare Parts USD
License Fees USD

Sales quantity: Desktops Units 33 33 33 40 -

Cost of Materials/Goods: Desktops USD 19,800 19,800 19,800 24,000 -

Workstations
Sales quantity: Workstations Units 12 12 11 11 -
Cost of Materials/Goods: Workstations USD 19,200 19,200 17,600 17,600 -
Notebooks
Sales quantity: Notebooks Units 22 22 22 22 -
Cost of Materials/Goods: Notebooks USD 8,800 8,800 8,800 8,800 -
Software Products
Sales quantity: Software Products Units 55 55 55 62 -
Cost of Materials/Goods: Software Products USD 6,050 6,050 6,050 6,820 -
Repair Services
Consulting Services

Spare Parts
License Fees
Cost of Materials/Goods Subtotal 2 USD 53,850 53,850 52,250 57,220 -

Desktops
Workstations
Notebooks
Software Products


Cost of Materials/Goods: Net work infrastructure solutions USD 1,462 1,476 1,491 1,506 -
Repair Services
Cost of Materials/Goods: Repair Services USD 6,996 6,996 6,996 6,996 -
Cost of Materials/Goods: Integration Services USD 1,000 1,000 1,000 1,000 -
Consulting Services
Cost of Materials/Goods: Consulting Services USD 1,684 1,700 1,717 1,735 -
Spare Parts
Cost of Materials/Goods: Spare Parts USD 6,806 6,806 6,806 8,250 -
License Fees
Cost of Materials/Goods Subtotal 3 USD 17,948 17,979 18,011 19,487 -

Desktops USD 19,800 19,800 19,800 24,000 -
Workstations USD 19,200 19,200 17,600 17,600 -
Notebooks USD 8,800 8,800 8,800 8,800 -
Software Products USD 6,050 6,050 6,050 6,820 -
Net work infrastructure solutions USD 1,462 1,476 1,491 1,506 -
Repair Services USD 6,996 6,996 6,996 6,996 -
Integration Services USD 1,000 1,000 1,000 1,000 -
Consulting Services USD 1,684 1,700 1,717 1,735 -
Spare Parts USD 6,806 6,806 6,806 8,250 -
Total Cost of Materials/Goods USD 71,798 71,829 70,261 76,707 -

Period Start 01 Jan 21 01 Feb 21
Period End Start 31 Jan 21 28 Feb 21
Model Life 01 Mar 19 - -

Desktops USD
Workstations USD
Notebooks USD
Repair Services USD
Spare Parts USD
License Fees USD

Sales quantity: Desktops Units - -

Cost of Materials/Goods: Desktops (per unit) USD/per unit 600.0 600.0

Workstations
Sales quantity: Workstations Units - -
Cost of Materials/Goods: Workstations (per unit) USD/per unit 1,600.0 1,600.0
Notebooks
Sales quantity: Notebooks Units - -
Cost of Materials/Goods: Notebooks (per unit) USD/per unit 400.0 400.0
Software Products
Sales quantity: Software Products Units - -
Cost of Materials/Goods: Software Products (per unit) USD/per unit 110.0 110.0
Sales quantity: Net work infrastructure solutions Units - -
Repair Services
Sales quantity: Repair Services Units - -
Sales quantity: Integration Services Units - -
Consulting Services
Sales quantity: Consulting Services Units - -

Spare Parts
Sales quantity: Spare Parts Units - -
License Fees
Sales quantity: License Fees Units - -

Desktops
Workstations
Notebooks
Software Products


Repair Services
Consulting Services
Spare Parts
License Fees

Desktops USD - -
Workstations USD - -
Notebooks USD - -
Software Products USD - -
Net work infrastructure solutions USD - -
Repair Services USD - -
Integration Services USD - -
Consulting Services USD - -
Spare Parts USD - -
License Fees USD - -
Total Cost of Materials/Goods USD - -

Direct Labor & Other Direct Costs
Flags & Counters
Calendar Year year 2019 2019
Direct Labor
Headcount - Direct Labor Staff
The variable descriptions can be changed on sheet Inputs
1 Desktops SSC
Fill in name or positon here # Yes 1 1
Subtotal 1 1
2 Workstations
Subtotal - -
3 Notebooks

Subtotal - -
4 Software Products
Subtotal - -
5 Net work infrastructure solutions

Subtotal - -
6 Repair Services
Fill in name or positon here # Yes 1 1
Subtotal 1 1
7 Integration Services
Subtotal - -
8 Consulting Services

Subtotal - -
9 Spare Parts
Subtotal - -
10 License Fees
Subtotal - -
Total Headcount Direct Labor Staff # 2 2

Development of headcount month to month 2
Wages & Salaries - Direct Labor Staff

1 Desktops
Fill in name or positon here USD 35,183 1,667 1,667
Fill in name or positon here USD - - -
Subtotal USD 35,183 1,667 1,667

2 Workstations
Fill in name or positon here USD 25,183 - -
Subtotal USD 25,183 - -
3 Notebooks
Subtotal USD - - -
4 Software Products
Subtotal USD - - -

Subtotal USD - - -
6 Repair Services
Fill in name or positon here USD 58,700 1,667 1,667

Subtotal USD 58,700 1,667 1,667
Subtotal USD - - -
Subtotal USD - - -
9 Spare Parts
Subtotal USD - - -
10 License Fees
Subtotal USD - - -

Total Wages & Salaries USD 119,067 3,333 3,333
Social security contributions and taxes - Direct Labor Staff

1 Desktops SCC
Fill in name or positon here USD Yes 8,796 417 417
Fill in name or positon here USD Yes - - -
Fill in name or positon here USD No - - -
Subtotal USD 8,796 417 417
2 Workstations
Fill in name or positon here USD Yes 6,296 - -
Subtotal USD 6,296 - -
3 Notebooks
Subtotal USD - - -
4 Software Products

Subtotal USD - - -

Subtotal USD - - -
6 Repair Services
Fill in name or positon here USD Yes 14,675 417 417
Subtotal USD 14,675 417 417
Subtotal USD - - -
Subtotal USD - - -
9 Spare Parts

Subtotal USD - - -
10 License Fees
Subtotal USD - - -
Total Social security contributions & taxes USD 29,767 833 833
Other Staff Costs - Direct Labor Staff

1 Desktops
Other Staff Expenses (automatic) USD 5.0% % of base salary 1,759 83 83
Other Staff Expenses (manual input) USD -
Subtotal Desktops USD 1,759 83 83
2 Workstations
Other Staff Expenses (automatic) USD % of base salary - - -
Subtotal Workstations USD - - -
3 Notebooks
Subtotal Notebooks USD - - -

4 Software Products
Subtotal Software Products USD - - -

Subtotal Net work infrastructure solutions USD - - -
6 Repair Services
Subtotal Repair Services USD - - -
Subtotal Integration Services USD - - -
Subtotal Consulting Services USD - - -
9 Spare Parts
Subtotal Spare Parts USD - - -

10 License Fees
Subtotal License Fees USD - - -
Total Other Staff Expenses USD 1,759 83 83
Total Direct Labor Costs USD 150,593 4,250 4,250
Direct Labor Costs per Product/Service

Desktops USD 45,738 2,167 2,167
Workstations USD 31,479 - -
Notebooks USD - - -
Software Products USD - - -
Net work infrastructure solutions USD - - -
Integration Services USD - - -
Consulting Services USD - - -
Spare Parts USD - - -
License Fees USD - - -
Total Direct Labor Costs USD Check Ok 150,593 4,250 4,250
Operational Expenses
Only direct/variable expenses here (irrespective of type of business)
1 Revenue share expense Rev. Share % of net sales
Desktops USD - - - -
Workstations USD 5.0% 26,450 920 1,150
Notebooks USD - - - -

Software Products USD 10.0% 17,610 825 855
Net work infrastructure solutions USD - - - -
Repair Services USD - - - -
Integration Services USD - - - -
Consulting Services USD - - - -
Spare Parts USD - - - -
License Fees USD - - - -
Total Revenue share expense USD 44,060 1,745 2,005
2 Energy costs (of production & manufacturing) Credit Periods
Utilities USD 35,719 1,000 1,050

Gas USD 4,200 200 200
Oil USD -
3 Third-party services
Subcontract 01 USD -
4 Other
Shipping & postage expense USD 37,370 1,436 1,515
Repairs & maintenance USD -
Consumables 01 USD -
Variable descriptions (input cells) can be changed
Total Other Direct Costs USD 121,350 4,381 4,770

VAT on other direct expenses" Subject to input taxes VAT Rate
VAT on other direct expenses(w/o revenue share)" USD 70.0% 20.0% 10,821 369 387
Allocation of other direct costs to products/services

Selected allocation basis: Sales => Selection can be changed on sheet Inputs (row 40)
Desktops USD 15% 16,785 707 743
Workstations USD 15% 37,654 1,258 1,570
Notebooks USD 12% 6,426 246 245
Software Products USD 12% 21,319 976 1,011
Net work infrastructure solutions USD 10% 2,217 83 82
Repair Services USD 10% 5,890 257 255
Integration Services USD 8% 8,542 330 329
Consulting Services USD 8% 9,337 348 349
Spare Parts USD 10% 4,196 177 186
Total Other Direct Costs USD Check Ok 121,350 4,381 4,770
Allocation control Ok - -
Cost of Sales (per product/service)

Total direct costs, i.e. costs of materials/goods for resale + direct payroll + other direct costs
Desktops USD 498,124 23,873 25,110
Workstations USD 437,133 14,058 17,570
Notebooks USD 185,626 8,246 8,245
Software Products USD 150,459 7,026 7,281
Net work infrastructure solutions USD 29,489 1,208 1,207
Integration Services USD 28,742 1,230 1,229
Consulting Services USD 42,374 1,770 1,785

Spare Parts USD 153,934 7,395 7,817
License Fees USD 8,983 - -
Total Cost of Sales USD Check Ok 1,775,736 75,542 80,977

01 May 19 01 Jun 19 01 Jul 19 01 Aug 19 01 Sep 19 01 Oct 19 01 Nov 19 01 Dec 19 01 Jan 20 01 Feb 20 01 Mar 20 01 Apr 20
1 1 1 1 1 1 1 1 1 1 1 1
2019 2019 2019 2019 2019 2019 2019 2019 2020 2020 2020 2020
1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
- - - - 1 1 1 1 1 1 1 1

- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
1 1 1 1 1 2 2 2 2 2 2 2
1 1 1 1 1 2 2 2 2 2 2 2
- - - - - - - - - - - -

- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
2 2 2 2 3 4 4 4 4 4 4 4
1 1
1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,683 1,683 1,683 1,683
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,683 1,683 1,683 1,683

- - - - 1,667 1,667 1,667 1,667 1,683 1,683 1,683 1,683
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - 1,667 1,667 1,667 1,667 1,683 1,683 1,683 1,683
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
1,667 1,667 1,667 1,667 1,667 3,333 3,333 3,333 3,367 3,367 3,367 3,367
- - - - - - - - - - - -

- - - - - - - - - - - -
- - - - - - - - - - - -
1,667 1,667 1,667 1,667 1,667 3,333 3,333 3,333 3,367 3,367 3,367 3,367
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -

3,333 3,333 3,333 3,333 5,000 6,667 6,667 6,667 6,733 6,733 6,733 6,733
417 417 417 417 417 417 417 417 421 421 421 421
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
417 417 417 417 417 417 417 417 421 421 421 421
- - - - 417 417 417 417 421 421 421 421

- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - 417 417 417 417 421 421 421 421
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -

- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
417 417 417 417 417 833 833 833 842 842 842 842
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
417 417 417 417 417 833 833 833 842 842 842 842
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -

- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
833 833 833 833 1,250 1,667 1,667 1,667 1,683 1,683 1,683 1,683
83 83 83 83 83 83 83 83 84 84 84 84
83 83 83 83 83 83 83 83 84 84 84 84
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -

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

- - - - - - - - - - - -
-
- - - - - - - - - - - -
83 83 83 83 83 83 83 83 84 84 84 84
4,250 4,250 4,250 4,250 6,333 8,417 8,417 8,417 8,501 8,501 8,501 8,501
2,167 2,167 2,167 2,167 2,167 2,167 2,167 2,167 2,188 2,188 2,188 2,188
- - - - 2,083 2,083 2,083 2,083 2,104 2,104 2,104 2,104
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
2,083 2,083 2,083 2,083 2,083 4,167 4,167 4,167 4,208 4,208 4,208 4,208
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
4,250 4,250 4,250 4,250 6,333 8,417 8,417 8,417 8,501 8,501 8,501 8,501
- - - - - - - - - - - -
1,150 1,150 1,150 1,150 1,150 1,150 1,150 1,380 1,380 1,380 1,380 1,380
- - - - - - - - - - - -

855 855 855 855 855 825 825 825 825 825 825 825
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
2,005 2,005 2,005 2,005 2,005 1,975 1,975 2,205 2,205 2,205 2,205 2,205
1,103 1,158 1,216 1,276 1,340 1,407 1,477 1,551 1,629 1,710 1,796 1,886
200 200 200 200 200 200 200 200 200 200 200 200
1,517 1,518 1,520 1,522 2,525 1,482 1,509 2,557 1,559 1,549 2,552 1,555
4,824 4,881 4,941 5,004 6,070 5,064 5,161 6,514 5,593 5,665 6,753 5,845

395 403 411 420 569 432 446 603 474 484 637 510
757 771 786 802 655 757 767 612 789 811 647 850
1,578 1,586 1,594 1,603 1,520 1,629 1,636 1,845 1,980 1,996 1,872 2,026
249 254 259 264 216 307 311 248 320 329 263 345
1,014 1,017 1,020 1,023 993 997 999 964 1,004 1,009 972 1,018
84 85 87 89 72 94 106 84 110 114 92 122
260 265 270 276 225 292 295 236 304 284 227 298
335 341 348 355 290 375 422 337 435 447 356 468
359 370 381 392 324 424 433 349 455 472 381 505
189 193 196 200 164 189 192 153 197 203 162 212
- - - - 1,610 - - 1,685 - - 1,783 -
4,824 4,881 4,941 5,004 6,070 5,064 5,161 6,514 5,593 5,665 6,753 5,845
- - - - - - - - - - - -
25,123 25,138 25,153 25,168 25,022 22,723 22,733 22,578 22,777 22,799 22,635 22,838
17,578 17,586 17,594 17,603 19,604 19,713 19,719 23,128 23,284 23,300 23,176 23,330
8,249 8,254 8,259 8,264 8,216 9,107 9,111 9,048 9,120 9,129 9,063 9,145
7,284 7,287 7,290 7,293 7,263 7,047 7,049 7,014 7,054 7,059 7,022 7,068
1,209 1,210 1,212 1,214 1,197 1,219 1,356 1,334 1,473 1,491 1,483 1,527
10,739 10,744 10,749 10,754 10,704 12,854 12,857 12,798 12,208 11,488 11,431 11,502
1,235 1,241 1,248 1,255 1,190 1,275 1,422 1,337 1,435 1,447 1,356 1,468
1,810 1,835 1,860 1,887 1,833 1,948 1,973 1,904 2,025 2,058 1,983 2,123

7,820 7,824 7,828 7,832 7,795 6,995 6,998 6,959 7,003 7,009 6,968 7,019
- - - - 1,610 - - 1,685 - - 1,783 -
81,046 81,117 81,192 81,269 84,434 82,881 83,219 87,786 86,380 85,781 86,899 86,021

01 May 20 01 Jun 20 01 Jul 20 01 Aug 20 01 Sep 20 01 Oct 20 01 Nov 20 01 Dec 20 01 Jan 21 01 Feb 21
1 1 1 1 1 1 1 - - -
2020 2020 2020 2020 2020 2020 2020 2020 2021 2021
1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 - - -
1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 - - -

- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
2 2 2 2 2 2 2 2 2 2
2 2 2 2 2 2 2 - - -
- - - - - - - - - -

1 1
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
4 4 4 4 4 4 4 - - -
1,683 1,683 1,683 1,683 1,683 1,683 1,683 - - -

- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
1,683 1,683 1,683 1,683 1,683 1,683 1,683 - - -

1,683 1,683 1,683 1,683 1,683 1,683 1,683 - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
1,683 1,683 1,683 1,683 1,683 1,683 1,683 - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
3,367 3,367 3,367 3,367 3,367 3,367 3,367 - - -

- - - - - - - - - -

- - - - - - - - - -
- - - - - - - - - -
3,367 3,367 3,367 3,367 3,367 3,367 3,367 - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -

6,733 6,733 6,733 6,733 6,733 6,733 6,733 - - -
421 421 421 421 421 421 421 - - -

- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
421 421 421 421 421 421 421 - - -
421 421 421 421 421 421 421 - - -

- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
421 421 421 421 421 421 421 - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -

- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
842 842 842 842 842 842 842 - - -

- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
842 842 842 842 842 842 842 - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -

- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
1,683 1,683 1,683 1,683 1,683 1,683 1,683 - - -
84 84 84 84 84 84 84 - - -
84 84 84 84 84 84 84 - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -

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

- - - - - - - - - -
- - - - - - - - - -
84 84 84 84 84 84 84 - - -
8,501 8,501 8,501 8,501 8,501 8,501 8,501 - - -
2,188 2,188 2,188 2,188 2,188 2,188 2,188 - - -

2,104 2,104 2,104 2,104 2,104 2,104 2,104 - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
4,208 4,208 4,208 4,208 4,208 4,208 4,208 - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
8,501 8,501 8,501 8,501 8,501 8,501 8,501 - - -
- - - - - - - - - -
1,380 1,380 1,380 1,380 1,380 1,265 1,265 - - -
- - - - - - - - - -

825 825 825 825 825 825 930 - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
2,205 2,205 2,205 2,205 2,205 2,090 2,195 - - -
1,980 2,079 2,183 2,292 2,407 2,527 2,653 2,786 2,925 3,072
200 200 200 200 200 200 200 200 200 200
1,557 2,560 1,569 1,572 2,575 1,555 1,664 - - -
5,942 7,044 6,157 6,269 7,387 6,372 6,713 - - -

523 678 553 569 725 599 632 - - -
871 686 914 938 730 1,000 1,194 - - -

2,042 1,902 2,075 2,094 1,935 1,962 1,952 - - -
354 279 388 398 310 424 418 - - -
1,023 981 1,033 1,038 991 1,052 1,182 - - -
126 100 135 140 110 152 151 - - -
305 240 320 329 256 350 345 - - -
480 378 504 517 402 551 543 - - -
523 416 560 580 456 631 628 - - -
218 172 229 235 183 250 299 - - -
- 1,891 - - 2,013 - - - - -
5,942 7,044 6,157 6,269 7,387 6,372 6,713 - - -
- - - - - - - - - -
22,859 22,674 22,903 22,927 22,719 22,988 27,383 - - -

23,347 23,206 23,379 23,398 23,240 21,666 21,656 - - -
9,154 9,079 9,188 9,198 9,110 9,224 9,218 - - -
7,073 7,031 7,083 7,088 7,041 7,102 8,002 - - -
1,545 1,533 1,582 1,602 1,587 1,643 1,658 - - -
11,510 11,445 11,525 11,533 11,460 11,555 11,550 - - -
1,480 1,378 1,504 1,517 1,402 1,551 1,543 - - -
2,157 2,066 2,227 2,264 2,157 2,348 2,362 - - -

7,024 6,978 7,035 7,041 6,989 7,056 8,549 - - -
- 1,891 - - 2,013 - - - - -
86,148 87,281 86,425 86,568 87,717 85,133 91,920 - - -

Period Start 01 Mar 19
Period End Start End 28 Feb 19 31 Mar 19
Model Life 01 Mar 19 30 Nov 20 21 1
Month of model # 1
Overhead/Indirect Expenses
Variable descriptions (input cells) can be changed
1 Management &Administration Expenses Credit Periods All assumption values sho

Payroll Management & Administration Staff USD from Human Resources => 198,347 11,183
Communication (Internet, Phone, Mobile etc.) USD 1 4,648 200
Office Supplies USD 1 1,050 50
Travel & Entertainment USD - 14,050 650
Vehicle Expenses USD -
Miscellaneous 01 USD -
Subtotal Management &Administration ExpensesUSD 218,095 12,083
2 Operational Expenses Credit Periods

Payroll Operational Staff USD from Human Resources => 215,507 3,933
Power USD 1 22,000 500
Heat and light USD 1 8,800 200
Cleaning USD -
Repairs and maintenance USD -
Licence fees USD -
Miscellaneous 01 USD

Miscellaneous 02 USD
Subtotal Operational Expenses USD 246,307 4,633
3 Salesforce Expenses Credit Periods

Payroll Sales, Marketing & Distribution Staff USD from Human Resources => 235,050 6,550
Freight/distribution expenses USD 57,680 2,640
Selling expenses/commission USD 74,741 2,872
Promotional materials (advertising, brochures etc.) USD 11,550 550
Public relations, exhibitions USD -
Travel expenses USD -
Marketing campaign / Promotion 01 USD 2,650 330
Marketing campaign / Promotion 02 USD -
Subtotal Salesforce Expenses USD 381,671 12,942
4 Research & Development Expenses Credit Periods

Payroll Research & Development USD from Human Resources => 83,689 -
Consultancy USD -
Materials USD -
Design, construction & testing of prototypes USD -
Subtotal Payroll Research & Development USD 83,689 -
5 General & Other Expenses Credit Periods

Rent and rates USD 1 63,000 3,000
Additional property expenses (Heat, Light etc.) USD 18,900 900
Professional fees (Legal, Tax, Audit etc.) USD 2 4,200 200
Insurances / charges / contributions USD - 7,350 350

Patents & Trademarks USD -
Establishment (Start-up costs) USD -
Subtotal General & Other Expenses USD 93,450 4,450
Total Overhead Expenses USD 1,023,211 34,109
VAT on Overhead Expenses

Total Overhead Expenses (w/o payroll expenses) USD Subject to input taxes VAT Rate 290,619 12,442
VAT on Overhead Expenses USD 70.0% 20.0% 40,687 1,742

01 Apr 19 01 May 19 01 Jun 19 01 Jul 19 01 Aug 19 01 Sep 19 01 Oct 19 01 Nov 19 01 Dec 19 01 Jan 20 01 Feb 20 01 Mar 20
1 1 1 1 1 1 1 1 1 1 1 1
2 3 4 5 6 7 8 9 10 11 12 13
umption values should be entered net of input/output taxes (sales taxes, GST, VAT etc.)
6,183 6,183 6,183 6,183 6,183 6,183 6,183 6,183 6,183 16,501 11,501 11,501
202 204 206 208 210 212 214 217 219 221 223 225
50 50 50 50 50 50 50 50 50 50 50 50
650 650 650 650 650 650 650 650 650 650 650 650
7,085 7,087 7,089 7,091 7,094 7,096 7,098 7,100 7,102 17,422 12,424 12,427
3,933 3,933 3,933 3,933 3,933 3,933 12,333 12,333 12,333 12,627 12,627 12,627
600 650 700 750 800 850 900 950 1,000 1,050 1,100 1,150
240 260 280 300 320 340 360 380 400 420 440 460

4,773 4,843 4,913 4,983 5,053 5,123 13,593 13,663 13,733 14,097 14,167 14,237
5,050 5,050 5,050 5,050 11,600 10,100 10,100 10,100 10,100 10,320 10,320 10,320
2,640 2,640 2,640 2,640 2,640 2,640 2,800 2,800 2,800 2,800 2,800 2,800
3,029 3,033 3,037 3,041 3,045 5,049 2,964 3,018 5,114 3,119 3,099 5,105
550 550 550 550 550 550 550 550 550 550 550 550
330 500 330 330
11,269 11,273 11,607 11,281 17,835 18,839 16,414 16,798 18,564 16,789 17,099 18,775
- - - - 6,100 5,100 5,100 5,100 5,100 5,199 5,199 5,199
- - - - 6,100 5,100 5,100 5,100 5,100 5,199 5,199 5,199
3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000
900 900 900 900 900 900 900 900 900 900 900 900
200 200 200 200 200 200 200 200 200 200 200 200
350 350 350 350 350 350 350 350 350 350 350 350

4,450 4,450 4,450 4,450 4,450 4,450 4,450 4,450 4,450 4,450 4,450 4,450
27,578 27,654 28,060 27,806 40,532 40,608 46,655 47,111 48,950 57,957 53,339 55,087
12,411 12,487 12,893 12,639 12,715 15,291 12,938 13,394 15,233 13,310 13,692 15,440
1,738 1,748 1,805 1,769 1,780 2,141 1,811 1,875 2,133 1,863 1,917 2,162

01 Apr 20 01 May 20 01 Jun 20 01 Jul 20 01 Aug 20 01 Sep 20 01 Oct 20 01 Nov 20 01 Dec 20 01 Jan 21 01 Feb 21
1 1 1 1 1 1 1 1 - - -
14 15 16 17 18 19 20 21 22 23 24
11,501 11,501 11,501 11,501 11,501 11,501 11,501 11,501 - - -

228 230 232 235 237 239 242 244 246 249 251
50 50 50 50 50 50 50 50 50 50 50
700 700 700 700 700 700 700 700 700 700 700
12,479 12,481 12,483 12,486 12,488 12,490 12,493 12,495 - - -
12,627 12,627 12,627 12,627 12,627 16,653 16,653 16,653 - - -

1,200 1,250 1,300 1,350 1,400 1,450 1,500 1,550 1,600 1,650 1,700
480 500 520 540 560 580 600 620 640 660 680

14,307 14,377 14,447 14,517 14,587 18,683 18,753 18,823 - - -
16,980 15,480 15,480 15,480 15,480 15,480 15,480 15,480 - - -

2,800 2,800 2,800 2,800 2,800 2,800 2,800 2,800 2,800 2,800 2,800
3,109 3,115 5,121 3,139 3,144 5,151 3,109 3,329 - - -
550 550 550 550 550 550 550 550 550 550 550
500 330 330
23,439 22,445 23,951 21,969 21,974 23,981 22,269 22,159 - - -
5,199 5,199 5,199 5,199 5,199 5,199 5,199 5,199 - - -
5,199 5,199 5,199 5,199 5,199 5,199 5,199 5,199 - - -
3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000
900 900 900 900 900 900 900 900 900 900 900
200 200 200 200 200 200 200 200 200 200 200
350 350 350 350 350 350 350 350 350 350 350

4,450 4,450 4,450 4,450 4,450 4,450 4,450 4,450 - - -
59,874 58,951 60,530 58,620 58,698 64,804 63,165 63,126 - - -
13,567 14,144 15,723 13,813 13,891 15,970 14,331 14,293 - - -

1,899 1,980 2,201 1,934 1,945 2,236 2,006 2,001 - - -

Capital Expenditure
Fixed Assets - Capex, Company Produced Assets, Leasing, Disposals

I Intangible Assets
A Purchases: Intangible Assets Subject to input taxes 100% Zero Rate -
Asset 01 USD 75,000 75,000
Asset 02 USD -
Asset 03 USD -
Asset 04 USD -
Asset 05 USD -
1. Total (w/o leasing) USD 75,000 75,000
B Amortization: Intangible Assets
Cost or Value USD Useful life % p.m. 2,000 77,000
Amortization per period USD 120 Month(s) 0.83% Ok 12,850 17
Accumulated amortization USD Depr. Method 1 straight-line 17
C Company produced additions: Intangible Assets
2. Capitalized assets -
D Finance Lease: Intangible Assets
3. Purchases financed by leasing USD -
Lease charges (interest) USD -
Lease payments USD -
E Disposal of Intangible Assets
Proceeds USD -
Costs USD -
Accumulated amortization (of assets sold) USD -
F VAT
Capex 197 von 290

VAT on Intangible Assets purchased & leased USD 100.0% Rate => - - -
BS Account: Intangible Assets

Balance B/f USD 2,000
Increase (purchases + leasing + company prod. additions) USD 75,000 75,000
Decrease (amortization + disposals) USD (12,850) (17)
Balance C/f USD 2,000 76,983
II Tangible Assets
1 Asset class 1: Description
Land and Buildings Subject to input taxes 100% Zero Rate -
A Purchases: Land and Buildings
Asset 01 USD -
Asset 02 USD -
Asset 03 USD -
Asset 04 USD -
Asset 05 USD -
1. Total (w/o leasing) USD - -
B Depreciation: Land and Buildings
Depreciation per period USD 50 Month(s) 2.00% Ok 42,000 2,000
Accumulated depreciation USD Depr. Method 1 straight-line 2,000
C Company produced additions: Land and Buildings
D Finance Lease: Land and Buildings
E Disposal of Land and Buildings
Proceeds USD -
Costs USD -
Capex 198 von 290

Accumulated depreciation (of assets sold) USD -
F VAT
VAT on Land and Buildings purchased & leased USD 100.0% Rate => - - -

Plant & Machinery Subject to input taxes 80% Rate 1 20.0%
A Purchases: Plant & Machinery
Asset 01 USD 252,500
Asset 02 USD -
Asset 03 USD -
Asset 04 USD -
Asset 05 USD -
1. Total (w/o leasing) USD 252,500 -
B Depreciation: Plant & Machinery
Depreciation per period USD 60 Month(s) 1.67% Ok 131,375 2,167
Accumulated depreciation USD Depr. Method 1 straight-line 2,167
C Company produced additions: Plant & Machinery
D Finance Lease: Plant & Machinery
3. Purchases financed by leasing USD 40,000
Lease charges (interest) USD 2,125
Lease payments USD 2,750
E Disposal of Plant & Machinery
Proceeds USD -
Costs USD -
F VAT
VAT on Plant & Machinery purchased & leased USD 80.0% Rate => 20.0% 46,800 -
Capex 199 von 290

Vehicles Subject to input taxes 90% Rate 1 20.0%
A Purchases: Vehicles
Asset 01 USD 40,000 20,000
Asset 02 USD 60,000 30,000
Asset 03 USD -
Asset 04 USD -
Asset 05 USD -
1. Total (w/o leasing) USD 100,000 50,000
B Depreciation: Vehicles
Depreciation per period USD 72 Month(s) 1.39% Ok 26,042 347
Accumulated depreciation USD Depr. Method 1 straight-line 347
C Company produced additions: Vehicles
D Finance Lease: Vehicles
E Disposal of Vehicles
Proceeds USD -
Costs USD -
F VAT
VAT on Vehicles purchased & leased USD 90.0% Rate => 20.0% 18,000 9,000
BS Account: Tangible Assets

Balance B/f USD 255,000
Increase (purchases + leasing + company prod. additions) USD 392,500 50,000
Decrease (depreciation + disposals) USD (199,417) (4,514)
Balance C/f USD 255,000 300,486
Capex 200 von 290

III Financial Assets / Investments
A Purchases: Financial Assets / Investments Subject to input taxes 100% Zero Rate -
Asset 01 USD 66,250
Asset 02 USD -
Asset 03 USD -
Asset 04 USD -
Asset 05 USD -
1. Total (w/o leasing) USD 66,250 -
B Depreciation: Financial Assets / Investments
Cost or Value USD Useful life % p.m. - -
Depreciation per period USD 0 Month(s) - Ok - -
Accumulated depreciation USD Depr. Method 1 straight-line -
C Company produced additions: Financial Assets / Investments
D Finance Lease: Financial Assets / Investments
E Disposal of Financial Assets / Investments
Proceeds USD -
Costs USD -
F VAT
VAT on Financial Assets / Investments purchased & leased USD 100.0% Rate => - - -
BS Account: Financial Assets / Investments

Balance B/f USD -
Increase (purchases + leasing + company prod. additions) USD 66,250 -
Decrease (depreciation + disposals) USD - -
Balance C/f USD - -
Capex 201 von 290

IV Summary: Non-current (fixed) assets
Capex and D&A
Capital expenditure (excl. Leasing) USD 493,750 125,000
thereof intangible assets USD 75,000 75,000
thereof tangible assets USD 352,500 50,000
thereof financial assets USD 66,250 -
Depreciation & Amortization per period USD 212,267 4,531
Capitalised assets
Company produced additions USD - -
Finance Lease
Purchases financed by leasing USD 40,000 -
Lease charges (interest) USD 2,125 -
Lease payments USD 2,750 -
BS Account: Finance lease obligations
Balance B/f USD -
Decrease USD (2,750) -
Balance C/f USD -
Disposal of non-current (fixed) assets
Proceeds USD - -
Costs USD - -
Accumulated D&A (of assets sold) USD - -
Profit/Loss disposal of fixed assets USD - -
VAT
VAT on non-current (fixed) assets USD 64,800 9,000
Master Check: Inputs for sale of assets OK ? Control Ok
Capex 202 von 290

1 1 1 1 1 1 1 1 1 1 1 1
- - - - - - - - - - - -
77,000 77,000 77,000 77,000 77,000 77,000 77,000 77,000 77,000 77,000 77,000 77,000
642 642 642 642 642 642 642 642 642 642 642 642
658 1,300 1,942 2,583 3,225 3,867 4,508 5,150 5,792 6,433 7,075 7,717
Capex 203 von 290

- - - - - - - - - - - -
76,983 76,342 75,700 75,058 74,417 73,775 73,133 72,492 71,850 71,208 70,567 69,925
- - - - - - - - - - - -
(642) (642) (642) (642) (642) (642) (642) (642) (642) (642) (642) (642)
76,342 75,700 75,058 74,417 73,775 73,133 72,492 71,850 71,208 70,567 69,925 69,283
- - - - - - - - - - - -
100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000
4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000 22,000 24,000 26,000
Capex 204 von 290

- - - - - - - - - - - -
220,000 32,500
220,000 - - - - - - - - - 32,500 -
350,000 350,000 390,000 390,000 390,000 390,000 390,000 390,000 390,000 390,000 422,500 422,500
2,167 5,833 5,833 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 7,042
4,333 10,167 16,000 22,500 29,000 35,500 42,000 48,500 55,000 61,500 68,000 75,042
40,000
125 125 125 125 125 125 125 125 125
1,250
35,200 - 6,400 - - - - - - - 5,200 -
Capex 205 von 290

- - - - - - - - - - - -
75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000
1,042 1,042 1,042 1,042 1,042 1,042 1,042 1,042 1,042 1,042 1,042 1,042
1,389 2,431 3,472 4,514 5,556 6,597 7,639 8,681 9,722 10,764 11,806 12,847
- - - - - - - - - - - -
300,486 515,278 506,403 537,528 527,986 518,444 508,903 499,361 489,819 480,278 470,736 493,694
220,000 - 40,000 - - - - - - - 32,500 -
(5,208) (8,875) (8,875) (9,542) (9,542) (9,542) (9,542) (9,542) (9,542) (9,542) (9,542) (10,083)
515,278 506,403 537,528 527,986 518,444 508,903 499,361 489,819 480,278 470,736 493,694 483,611
Capex 206 von 290

55,000 11,250
- - - 55,000 - - - - - - 11,250 -
- - - 55,000 55,000 55,000 55,000 55,000 55,000 55,000 66,250 66,250

- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - 55,000 55,000 55,000 55,000 55,000 55,000 55,000 66,250

- - - 55,000 - - - - - - 11,250 -
- - - - - - - - - - - -
- - - 55,000 55,000 55,000 55,000 55,000 55,000 55,000 66,250 66,250
Capex 207 von 290

220,000 - - 55,000 - - - - - - 43,750 -
- - - - - - - - - - - -
220,000 - - - - - - - - - 32,500 -
- - - 55,000 - - - - - - 11,250 -
5,850 9,517 9,517 10,183 10,183 10,183 10,183 10,183 10,183 10,183 10,183 10,725
- - - - - - - - - - - -
- - 40,000 - - - - - - - - -
- - - 125 125 125 125 125 125 125 125 125
- - - - - 1,250 - - - - - -
- - - 40,000 40,000 40,000 38,750 38,750 38,750 38,750 38,750 38,750

- - 40,000 - - - - - - - - -
- - - - - (1,250) - - - - - -
- - 40,000 40,000 40,000 38,750 38,750 38,750 38,750 38,750 38,750 38,750
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
35,200 - 6,400 - - - - - - - 5,200 -
Capex 208 von 290

1 1 1 1 1 1 1 1 - - -
- - - - - - - - - - -
77,000 77,000 77,000 77,000 77,000 77,000 77,000 77,000 - - -

642 642 642 642 642 642 642 642 - - -
8,358 9,000 9,642 10,283 10,925 11,567 12,208 12,850 - - -
Capex 209 von 290

- - - - - - - - - - -
69,283 68,642 68,000 67,358 66,717 66,075 65,433 64,792 - - -

- - - - - - - - - - -
(642) (642) (642) (642) (642) (642) (642) (642) - - -
68,642 68,000 67,358 66,717 66,075 65,433 64,792 64,150 - - -
- - - - - - - - - - -
100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 - - -

2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 - - -
28,000 30,000 32,000 34,000 36,000 38,000 40,000 42,000 - - -
Capex 210 von 290

- - - - - - - - - - -
- - - - - - - - - - -
422,500 422,500 422,500 422,500 422,500 422,500 422,500 422,500 - - -

7,042 7,042 7,042 7,042 7,042 7,042 7,042 7,042 - - -
82,083 89,125 96,167 103,208 110,250 117,292 124,333 131,375 - - -
125 125 125 125 125 125 125 125 125 125 125
1,500
- - - - - - - - - - -
Capex 211 von 290

20,000
30,000
50,000 - - - - - - - - - -
125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 - - -

1,042 1,736 1,736 1,736 1,736 1,736 1,736 1,736 - - -
13,889 15,625 17,361 19,097 20,833 22,569 24,306 26,042 - - -
9,000 - - - - - - - - - -
483,611 523,528 512,750 501,972 491,194 480,417 469,639 458,861 - - -

50,000 - - - - - - - - - -
(10,083) (10,778) (10,778) (10,778) (10,778) (10,778) (10,778) (10,778) - - -
523,528 512,750 501,972 491,194 480,417 469,639 458,861 448,083 - - -
Capex 212 von 290

- - - - - - - - - - -
66,250 66,250 66,250 66,250 66,250 66,250 66,250 66,250 - - -

- - - - - - - - - - -
- - - - - - - - - - -
- - - - - - - - - - -
66,250 66,250 66,250 66,250 66,250 66,250 66,250 66,250 - - -

- - - - - - - - - - -
- - - - - - - - - - -
66,250 66,250 66,250 66,250 66,250 66,250 66,250 66,250 - - -
Capex 213 von 290

50,000 - - - - - - - - - -
- - - - - - - - - - -
50,000 - - - - - - - - - -
- - - - - - - - - - -
10,725 11,419 11,419 11,419 11,419 11,419 11,419 11,419 - - -
- - - - - - - - - - -
- - - - - - - - - - -
125 125 125 125 125 125 125 125 - - -
- - - - - 1,500 - - - - -
38,750 38,750 38,750 38,750 38,750 38,750 37,250 37,250 - - -

- - - - - - - - - - -
- - - - - (1,500) - - - - -
38,750 38,750 38,750 38,750 38,750 37,250 37,250 37,250 - - -
- - - - - - - - - - -
- - - - - - - - - - -
- - - - - - - - - - -
- - - - - - - - - - -
9,000 - - - - - - - - - -
Capex 214 von 290

Financing
Period Start
Financial Month
Financing (all figures in USD)

1. Cash before Funding (cash outflows = negative numbers)
Cash collected from sales (incl. VAT) 4,190,385
Changes in advances received -
Other operating & extraordinary income 18,250
Fixed asset disposals (intangible & tangible assets) Interest p.a. Interest p.m. -
Interest received on cash deposits 1.50% 0.13% 4,092
Revenue share (cash out) (43,066)
Cost of Materials/Goods (incl. VAT) (1,711,771)
Other Direct Costs (incl. VAT) (88,110)
Overheads (incl. VAT) (932,264)
Direct labor costs (w/o social insurance+income tax) (120,826)
Social insurance & income tax (PAYE/Payroll withholdings) (148,995)
Extraordinary expenses (1,750)
Capital Expenditure (incl. VAT) (558,550)
Finance lease charges paid (2,125)
Finance lease capital payments (2,750)
Changes in advance payments (5,000)
Utilisation of accruals (2,500)
Interest paid (Debt 1-4) (9,084)
Financing fees (Debt 1-4) (3,915)
Repayment debt 1 (UL Bank) (1,762)
Financing 215 von 290

Interest paid (debt facilities existent at model start) (16,301)
Repayment debt facilities (existent at model start) (35,000)
VAT paid/recovered to/from tax authority (66,895)
Taxes on income paid (188,837)
Cash C/f
Cash before funding
2. Financing
To be funded
Funding Waterfall
1st tranche completely in first month ? Additional Tranche
1. Share Capital No - 75,000
Subtotal
2. Debt 1 (automatic): UL Bank On 80,000

Subtotal
3. Debt 2: HSBC Bank Int. manually? Interest will be calculated automatically

Drawdowns No 40,000
Repayment (20,000)
Subtotal
4. Debt 3: UBS Int. manually? Interest will be calculated automatically

Drawdowns No 60,000
Repayment (10,000)
Subtotal
5. Debt 4: Shareholder Loan Int. manually? Interest will be calculated automatically

Drawdowns No 7,500
Repayment (7,500)
Subtotal

Cash before current account
6. Overdraft Facility (automatic)

Balance B/f
Increase 23,380
Reduction Maximum (26,880)
Balance C/f 23,380 3,500
Amount still available 65,000
Interest on overdraft 1.00% per month 409
3. Cash after Funding

Cash after funding
Dividend payout (175,000)
Cash after dividend payout 5,000
Check: Sufficient funding ? Ok
Information line: Repayments and overdraft Ok
Balance Sheet Accounts (all figures in USD)

1. Share Capital
Balance B/f
Used for funding 75,000
Balance C/f 70,000
Amount still available 75,000
2. Debt 1: UL Bank (automatic debt) On

Flags: UL Bank
Flag: Drawdown Period [1,0] End 29/ Feb/ 20
Tenor [1,0] 1/ Mrz/ 20 28/ Feb/ 30 12
Counter: Tenor month #
Grace Period [1,0] Start 30/ Aug/ 20 6
Repayment Period [1,0] 6
Payment Flag (Principal + Interest) [1,0] 1st repayment Total no of repayments

Remaining Periods # 1/ Okt/ 20 38
BS Account: UL Bank
Balance B/f USD
Drawdown USD 80,000
Principal Repayment USD (1,762)
Balance C/f USD
Amount still available USD 80,000
Financing Fees
Upfront Fee USD 1,200 1/ Mrz/ 19 1,200
Commitment Fee USD 0.17% per month 265
Interest
Interest during grace period (quarterly) USD 0.94% per quarter 1,500
Interest during repayment period (quarterly) USD 0.94% per quarter 750
Total Interest USD 2,250
Principal Repayment
Annuity (Principal + Interest) USD 2,512
Interest USD 0.94% per quarter 750
Principal Repayment USD 1,762
3. Debt 2: HSBC Bank

Balance B/f USD
Drawdown USD 40,000
Balance C/f USD Interest p.a. Interest p.m.
1 Interest (automat. calculation) USD 3.5% 0.29% 1,838
0 Interest (manual input) USD -
Interest applied USD 1,838
Financing Fees Debt 2: HSBC Bank USD 950
4. Debt 3: UBS
Balance B/f USD
Drawdown USD 60,000

1 Interest (automat. calculation) USD 5.0% 0.42% 4,500
Interest applied USD 4,500
Financing Fees Debt 3: UBS USD 1,500
5. Debt 4: Shareholder Loan

Balance B/f USD
Drawdown USD 7,500
1 Interest (automat. calculation) USD 1.0% 0.08% 88
Interest applied USD 88
Financing Fees Debt 4: Shareholder Loan USD -
6. Debt Facilities (at model start)

Balance B/f USD
Balance C/f USD 222,000
Interest (manual input) USD (16,301)
Total pricipal payments (for summary) USD (101,142)

01 Mar 19 01 Apr 19 01 May 19 01 Jun 19 01 Jul 19 01 Aug 19 01 Sep 19 01 Oct 19 01 Nov 19 01 Dec 19 01 Jan 20 01 Feb 20
1 1 1 1 1 1 1 1 1 1 1 1
4 5 6 7 8 9 10 11 12 1 2 3
Mar 19 Apr 19 May 19 Jun 19 Jul 19 Aug 19 Sep 19 Oct 19 Nov 19 Dec 19 Jan 20 Feb 20
135,222 168,871 177,966 178,490 175,596 175,829 274,584 172,795 174,590 275,299 179,560 178,357
- 5,000 - - - - - - - - - -
- - - 4,500 - - - 6,500 - - - -
- - - - - - - - - - - -
6 - - - 39 35 44 195 239 225 366 379
(1,038) (1,799) (2,002) (2,005) (2,005) (2,005) (2,005) (1,984) (1,978) (2,090) (2,205) (2,205)
(43,847) (87,181) (83,705) (83,379) (83,508) (83,525) (83,542) (82,537) (80,150) (83,470) (84,801) (83,223)
(3,005) (3,152) (3,214) (3,279) (3,347) (3,418) (4,634) (3,521) (3,632) (4,912) (3,863) (3,944)
(28,516) (26,321) (26,716) (27,178) (26,889) (37,855) (38,292) (42,446) (42,966) (45,063) (52,802) (48,238)
(3,417) (3,417) (3,417) (3,417) (3,417) (3,417) (5,083) (6,750) (6,750) (6,750) (6,818) (6,818)
- (3,438) (5,938) (3,438) (3,438) (5,438) (5,208) (5,625) (7,604) (7,604) (7,604) (8,619)
- - - - - - - - - - - -
(134,000) (255,200) - (6,400) (55,000) - - - - - - (48,950)
- - - - (125) (125) (125) (125) (125) (125) (125) (125)
- - - - - - (1,250) - - - - -
- - - - - - - - (10,000) - - -
- - - (2,500) - - - - - - - -
(35) (35) (642) (443) (373) (373) (373) (373) (373) (373) (373) (344)
(1,333) (2,582) - - - - - - - - - -
- - - - - - - - - - - -

(833) (833) (833) (814) (814) (814) (795) (795) (795) (776) (776) (776)
- - (5,000) - - (5,000) - - (5,000) - - (5,000)
- - - (12,100) - - (12,151) - - (11,952) - -
- - (26,667) - - (26,667) - - (26,667) - - (25,000)
5,000 - - - 30,992 27,712 34,940 156,109 191,443 180,232 292,642 303,201
(75,795) (210,085) 19,834 38,038 27,712 34,940 156,109 191,443 180,232 292,642 313,201 248,697
(75,795) (210,085) - - - - - - - - - -
75,000 - - - - - - - - - - -
(795) (210,085) - - - - - - - - - -
795 79,205 - - - - - - - - - -
- (130,880) - - - - - - - - - -
40,000
(10,000)
- (90,880) - - - - - - - - (10,000) -
60,000
- (30,880) - - - - - - - - (10,000) -
7,500
- (23,380) - - - - - - - - (10,000) -

- (23,380) 19,834 38,038 27,712 34,940 156,109 191,443 180,232 292,642 303,201 248,697
3,500 3,500 26,880 7,046 - - - - - - - -

- 23,380 - - - - - - - - - -
- - (19,834) (7,046) - - - - - - - -
3,500 26,880 7,046 - - - - - - - - -
61,500 61,500 38,120 57,954 65,000 65,000 65,000 65,000 65,000 65,000 65,000 65,000
35 35 269 70 - - - - - - - -
- - - 30,992 27,712 34,940 156,109 191,443 180,232 292,642 303,201 248,697
- - - 30,992 27,712 34,940 156,109 191,443 180,232 292,642 303,201 248,697

- - - - - - - - - - - -
- - - - - - - - - - - -
70,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000
75,000 - - - - - - - - - - -
145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000
75,000 - - - - - - - - - - -
1 1 1 1 1 1 1 1 1 1 1 1
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -

- - - - - - - - - - - -
- 795 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000
795 79,205 - - - - - - - - - -
- - - - - - - - - - - -
795 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000
80,000 79,205 - - - - - - - - - -
1,200 - - - - - - - - - - -
133 132 - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 30,000
- 40,000 - - - - - - - - - -
- - - - - - - - - - (10,000) -
- 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 30,000 30,000
- - 117 117 117 117 117 117 117 117 117 88
- - 117 117 117 117 117 117 117 117 117 88

950
- - 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000
- 60,000 - - - - - - - - - -

- - - - - - - - - - - -
- 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000
- - 250 250 250 250 250 250 250 250 250 250
- - 250 250 250 250 250 250 250 250 250 250
1,500
- - 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500
- 7,500 - - - - - - - - - -
- - - - - - - - - - - -
- 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500
- - 6 6 6 6 6 6 6 6 6 6
- - 6 6 6 6 6 6 6 6 6 6
222,000 222,000 222,000 217,000 217,000 217,000 212,000 212,000 212,000 207,000 207,000 207,000
(5,000) (5,000) (5,000) (5,000)
222,000 222,000 217,000 217,000 217,000 212,000 212,000 212,000 207,000 207,000 207,000 202,000
(833) (833) (833) (814) (814) (814) (795) (795) (795) (776) (776) (776)
- - (24,834) (7,046) - (5,000) - - (5,000) - (10,000) (5,000)

1 1 1 1 1 1 1 1 1 - - -
4 5 6 7 8 9 10 11 12 1 2 3
Mar 20 Apr 20 May 20 Jun 20 Jul 20 Aug 20 Sep 20 Oct 20 Nov 20 Dec 20 Jan 21 Feb 21
277,201 178,969 179,279 278,142 180,481 180,944 279,826 180,347 188,036 - - -
- - (3,000) - - - - (2,000) - - - -
7,250 - - - - - - - - - - -
- - - - - - - - - - - -
311 232 188 158 277 303 276 400 419 - - -
(2,205) (2,205) (2,205) (2,205) (2,205) (2,205) (2,205) (2,148) (2,164) - - -
(83,094) (83,129) (83,164) (83,199) (83,350) (83,347) (83,307) (82,016) (84,297) - - -
(5,185) (4,150) (4,260) (5,517) (4,506) (4,633) (5,908) (4,881) (5,150) - - -
(50,231) (53,901) (53,060) (54,859) (52,682) (52,771) (58,420) (56,551) (56,508) - - -
(6,818) (6,818) (6,818) (6,818) (6,818) (6,818) (6,818) (6,818) (6,818) - - -
(8,619) (8,619) (9,473) (9,473) (9,473) (9,473) (9,473) (10,220) (10,220) - - -
- - - - - (1,750) - - - - - -
- (59,000) - - - - - - - - - -
(125) (125) (125) (125) (125) (125) (125) (125) (125) - - -
- - - - - - (1,500) - - - - -
- 5,000 - - - - - - - - - -
- - - - - - - - - - - -
(344) (344) (1,094) (302) (296) (1,046) (267) (267) (1,017) - - -
- - - - - - - - - - - -
- - - - - - - - (1,762) - - -

(758) (758) (758) (739) (739) (739) (720) (720) (720) - - -
- - (5,000) - - (5,000) - - (5,000) - - -
(6,689) - - (11,911) - - (12,093) - - - - -
(8,837) - (25,000) - - (25,000) - - (25,000) - - -
248,697 185,555 150,709 126,221 221,873 242,439 220,781 320,048 335,050 - - -
360,555 150,709 136,221 229,373 242,439 230,781 320,048 335,050 324,725 - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
(10,000)
- - - - - (10,000) - - - - - -
(10,000)
- - (10,000) - - (10,000) - - - - - -
(7,500)
- - (10,000) (7,500) - (10,000) - - - - - -

360,555 150,709 126,221 221,873 242,439 220,781 320,048 335,050 324,725 - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
65,000 65,000 65,000 65,000 65,000 65,000 65,000 65,000 65,000 - - -
- - - - - - - - - - - -
360,555 150,709 126,221 221,873 242,439 220,781 320,048 335,050 324,725 - - -

(175,000)
185,555 150,709 126,221 221,873 242,439 220,781 320,048 335,050 324,725 - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 - - -

- - - - - - - - - - - -
145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
1 1 1 1 1 1 1 1 1 1 1 1
1 2 3 4 5 6 7 8 9 10 11 12
1 1 1 1 1 1 - - - - - -
- - - - - - 1 1 1 1 1 1
- - 1 - - 1 - - 1 - - -

- - - - - - - - 38 - - -
80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 - - -

- - - - - - - - - - - -
- - - - - - - - (1,762) - - -
80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 78,238 - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - 750 - - 750 - - - - - -
- - - - - - - - 750 - - -
- - 750 - - 750 - - 750 - - -
- - - - - - - - 2,512 - - -
- - - - - - - - 750 - - -
- - - - - - - - 1,762 - - -
30,000 30,000 30,000 30,000 30,000 30,000 20,000 20,000 20,000 - - -

- - - - - - - - - - - -
- - - - - (10,000) - - - - - -
30,000 30,000 30,000 30,000 30,000 20,000 20,000 20,000 20,000 - - -
88 88 88 88 88 88 58 58 58 - - -
88 88 88 88 88 88 58 58 58 - - -
60,000 60,000 60,000 50,000 50,000 50,000 50,000 50,000 50,000 - - -

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

- - (10,000) - - - - - - - - -
60,000 60,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 - - -
250 250 250 208 208 208 208 208 208 - - -
250 250 250 208 208 208 208 208 208 - - -
7,500 7,500 7,500 7,500 - - - - - - - -

- - - - - - - - - - - -
- - - (7,500) - - - - - - - -
7,500 7,500 7,500 - - - - - - - - -
6 6 6 6 - - - - - - - -
6 6 6 6 - - - - - - - -
202,000 202,000 202,000 197,000 197,000 197,000 192,000 192,000 192,000 - - -

(5,000) (5,000) (5,000) (5,000)
202,000 202,000 197,000 197,000 197,000 192,000 192,000 192,000 187,000 - - -
(758) (758) (758) (739) (739) (739) (720) (720) (720) - - -
- - (15,000) (7,500) - (15,000) - - (6,762) - - -

Integrated Financial Statements (monthly)
Income Statement (all figures in USD)

Mar 19
Revenue
- Desktops 798,600 38,500
- Workstations 529,000 18,400
- Notebooks 303,460 13,400
- Software Products 176,100 8,250
- Net work infrastructure solutions 104,413 4,500
- Repair Services 281,112 13,992
- Integration Services 404,000 18,000
- Consulting Services 440,499 18,955
- Spare Parts 199,650 9,625
- License Fees 500,200 -
Total Revenue 3,737,033 143,622
Cost of Sales
- Materials/packaging/goods 1,503,794 66,911
- Direct labor 150,593 4,250
- Other direct costs 121,350 4,381
Cost of Sales 1,775,736 75,542
Gross Profit 1,961,297 68,080
Gross profit margin (in %) 47.4%
- Management & Administration 218,095 12,083
IFS 230 von 290

- Operational 246,307 4,633
- Sales, Marketing & Distribution 381,671 12,942
- Research & Development 83,689 -
- General & Miscellaneous 93,450 4,450
Total Overheads 1,023,211 34,109
Trading Profit 938,086 33,971
Other operating income 11,750 -
Bad debts 56,056 2,154
Profit/loss sale of fixed assets - -
Depreciation & Amortization 212,267 4,531
Operating Profit 681,514 27,286
Interest payable 31,426 2,201
Interest receivable 4,092 6
Extraordinary expenses 2,750 -
Extraordinary income 6,500 -
Net Profit before Tax 657,930 25,092
Taxes on income 197,379 9,871
Net Profit after Tax (NPAT) 460,551 15,221
cumulated (33,500) (18,279)
Dividends (175,000) -
BS Account: Retained Earnings
Retained Earnings B/f (33,500)
Net Profit (after dividend payout) 285,551 15,221
Retained Earnings C/f (33,500) (18,279)
Cash Flow (Direct) (all figures in USD)

Mar 19
Cash Inflows
IFS 231 von 290

Cash collected from sales (incl. VAT) 4,190,385 135,222
Changes in advances received - -
Other operating & extraordinary income 18,250 -
Fixed asset disposals (intangible & tangible assets) - -
Interest received on cash deposits 4,092 6
Total Cash Inflows 4,212,727 135,228
Cash Outflows
Revenue share (43,066) (1,038)
Cost of Materials/Goods (incl. VAT) (1,711,771) (43,847)
Other Direct Costs (incl. VAT) (88,110) (3,005)
Overheads (incl. VAT) (932,264) (28,516)
Direct labor expenses (w/o social insurance + income tax) (120,826) (3,417)
Social insurance & income tax (PAYE/Payroll withholdings) (148,995) -
Extraordinary expenses (1,750) -
Capital Expenditure (incl. VAT) (558,550) (134,000)
Finance lease charges paid (2,125) -
Finance lease capital payments (2,750) -
Changes in advance payments (5,000) -
Utilisation of accruals (2,500) -
Interest paid (Debt 1-4) (9,084) (35)
Financing fees (Debt 1-4) (3,915) (1,333)
Interest paid (debt facilities existent at model start) (16,301) (833)
VAT paid/recovered to/from tax authority (66,895) -
Taxes on income paid (188,837) -
Total Cash Outflows (3,902,740) (216,023)
Financing
Equity
IFS 232 von 290

Share Capital 75,000 75,000
Debt pos. = draw down; neg. = repayment
Debt Facilities (at model start) (35,000) -
Debt 1: UL Bank 78,238 795
Debt 2: HSBC Bank 20,000 -
Debt 3: UBS 50,000 -
Debt 4: Shareholder Loan - -
Overdraft facility (3,500) -
Total Financing 184,738 75,795
Cash flow available for equity (CFADS) (5,000)
Dividend payments (175,000) -
Change in Cash and Cash Balance

Net Cash Flow 319,725 (5,000)
Cash B/f 5,000
Cash C/f 5,000 -
Check: Cash always ≥ 0 Ok -
Balance Sheet (all figures in USD)

Opening B. Mar 19
Intangible Assets 2,000 76,983

Tangible Assets 255,000 300,486
Financial Assets / Investments - -
Total Non-current Assets 257,000 377,469
Inventory 12,000 16,570

Changes in advance payments -
Accounts receivables 12,500 38,684
VAT owed to company 4,692
IFS 233 von 290

Cash at bank 5,000 -
Total Current Assets 29,500 59,945
Overdraft facility 3,500 3,500

Changes in advances received -
Accounts Payables 10,000 42,992
Sundry Creditors 4,150
Accrued revenue share 708
Accruals 10,000 10,000
Finance lease obligations -
Payroll withholdings owed 4,500 7,938
VAT owed by company 6,660
Taxes on income owed 9,871
VAT owed to tax authority 2,081
Total Current Liabilities 28,000 87,899
Net current assets 1,500 (27,954)

Total assets less current liabilities 258,500 349,516
Repayment ≤ Debt Facility ?
Debt Facilities (at model start) Ok 222,000 222,000
Debt 1: UL Bank Ok 795
Debt 2: HSBC Bank Ok -
Debt 3: UBS Ok -
Debt 4: Shareholder Loan Ok -
Long-term Liabilities 222,000 222,795
NET ASSETS 36,500 126,721
Share Capital 70,000 145,000

Retained Earnings / (loss carried forward) (33,500) (18,279)
IFS 234 von 290

Shareholders Equity 36,500 126,721
Check opening balance => Ok
Check 1 Ok -
Check 2 Ok
IFS 235 von 290

1 1 1 1 1 1 1 1 1 1 1 1
Apr 19 May 19 Jun 19 Jul 19 Aug 19 Sep 19 Oct 19 Nov 19 Dec 19 Jan 20 Feb 20 Mar 20
40,700 40,700 40,700 40,700 40,700 40,700 36,300 36,300 36,300 36,300 36,300 36,300
23,000 23,000 23,000 23,000 23,000 23,000 23,000 23,000 27,600 27,600 27,600 27,600
13,400 13,400 13,400 13,400 13,400 13,400 14,740 14,740 14,740 14,740 14,740 14,740
8,550 8,550 8,550 8,550 8,550 8,550 8,250 8,250 8,250 8,250 8,250 8,250
4,500 4,500 4,500 4,500 4,500 4,500 4,500 5,000 5,000 5,050 5,101 5,152
13,992 13,992 13,992 13,992 13,992 13,992 13,992 13,992 13,992 13,992 12,720 12,720
18,000 18,000 18,000 18,000 18,000 18,000 18,000 20,000 20,000 20,000 20,000 20,000
19,145 19,336 19,529 19,725 19,922 20,121 20,322 20,526 20,731 20,938 21,147 21,359
10,175 10,175 10,175 10,175 10,175 10,175 9,075 9,075 9,075 9,075 9,075 9,075
- - - - - 100,020 - - 100,030 - - 100,040
151,462 151,653 151,846 152,042 152,239 252,458 148,179 150,883 255,718 155,945 154,933 255,235
71,957 71,972 71,986 72,001 72,016 72,031 69,401 69,641 72,856 72,286 71,615 71,645
4,250 4,250 4,250 4,250 4,250 6,333 8,417 8,417 8,417 8,501 8,501 8,501
4,770 4,824 4,881 4,941 5,004 6,070 5,064 5,161 6,514 5,593 5,665 6,753
80,977 81,046 81,117 81,192 81,269 84,434 82,881 83,219 87,786 86,380 85,781 86,899
70,485 70,607 70,729 70,850 70,970 168,025 65,298 67,664 167,931 69,565 69,152 168,336
46.5% 46.6% 46.6% 46.6% 46.6% 66.6% 44.1% 44.8% 65.7% 44.6% 44.6% 66.0%
7,085 7,087 7,089 7,091 7,094 7,096 7,098 7,100 7,102 17,422 12,424 12,427
IFS 236 von 290

4,773 4,843 4,913 4,983 5,053 5,123 13,593 13,663 13,733 14,097 14,167 14,237
11,269 11,273 11,607 11,281 17,835 18,839 16,414 16,798 18,564 16,789 17,099 18,775
- - - - 6,100 5,100 5,100 5,100 5,100 5,199 5,199 5,199
4,450 4,450 4,450 4,450 4,450 4,450 4,450 4,450 4,450 4,450 4,450 4,450
27,578 27,654 28,060 27,806 40,532 40,608 46,655 47,111 48,950 57,957 53,339 55,087
42,907 42,954 42,669 43,044 30,438 127,416 18,643 20,553 118,982 11,608 15,813 113,249
- - 4,500 - - - - - - - - 7,250
2,272 2,275 2,278 2,281 2,284 3,787 2,223 2,263 3,836 2,339 2,324 3,829
- - - - - - - - - - - -
5,850 9,517 9,517 10,183 10,183 10,183 10,183 10,183 10,183 10,183 10,183 10,725
34,785 31,162 35,375 30,580 17,971 113,446 6,237 8,106 104,963 (914) 3,306 105,946
3,450 1,474 1,257 1,312 1,312 1,293 1,293 1,293 1,274 1,274 1,245 1,226
- - - 39 35 44 195 239 225 366 379 311
1,000 - - - - - - - - - - -
- - - - - - 6,500 - - - - -
30,335 29,688 34,118 29,307 16,694 112,197 11,640 7,053 103,914 (1,822) 2,440 105,030
9,871 9,871 9,871 9,871 9,871 9,871 9,871 9,871 9,045 9,045 9,045 9,045
20,465 19,817 24,247 19,437 6,823 102,326 1,769 (2,818) 94,868 (10,868) (6,605) 95,985
2,185 22,002 46,250 65,686 72,510 174,836 176,605 173,787 268,655 257,787 251,182 347,168
- - - - - - - - - - - (175,000)
(18,279) 2,185 22,002 46,250 65,686 72,510 174,836 176,605 173,787 268,655 257,787 251,182
20,465 19,817 24,247 19,437 6,823 102,326 1,769 (2,818) 94,868 (10,868) (6,605) (79,015)
2,185 22,002 46,250 65,686 72,510 174,836 176,605 173,787 268,655 257,787 251,182 172,168
IFS 237 von 290

168,871 177,966 178,490 175,596 175,829 274,584 172,795 174,590 275,299 179,560 178,357 277,201
5,000 - - - - - - - - - - -
- - 4,500 - - - 6,500 - - - - 7,250
- - - - - - - - - - - -
- - - 39 35 44 195 239 225 366 379 311
173,871 177,966 182,990 175,635 175,864 274,628 179,490 174,830 275,524 179,926 178,736 284,762
(1,799) (2,002) (2,005) (2,005) (2,005) (2,005) (1,984) (1,978) (2,090) (2,205) (2,205) (2,205)
(87,181) (83,705) (83,379) (83,508) (83,525) (83,542) (82,537) (80,150) (83,470) (84,801) (83,223) (83,094)
(3,152) (3,214) (3,279) (3,347) (3,418) (4,634) (3,521) (3,632) (4,912) (3,863) (3,944) (5,185)
(26,321) (26,716) (27,178) (26,889) (37,855) (38,292) (42,446) (42,966) (45,063) (52,802) (48,238) (50,231)
(3,417) (3,417) (3,417) (3,417) (3,417) (5,083) (6,750) (6,750) (6,750) (6,818) (6,818) (6,818)
(3,438) (5,938) (3,438) (3,438) (5,438) (5,208) (5,625) (7,604) (7,604) (7,604) (8,619) (8,619)
- - - - - - - - - - - -
(255,200) - (6,400) (55,000) - - - - - - (48,950) -
- - - (125) (125) (125) (125) (125) (125) (125) (125) (125)
- - - - - (1,250) - - - - - -
- - - - - - - (10,000) - - - -
- - (2,500) - - - - - - - - -
(35) (642) (443) (373) (373) (373) (373) (373) (373) (373) (344) (344)
(2,582) - - - - - - - - - - -
(833) (833) (814) (814) (814) (795) (795) (795) (776) (776) (776) (758)
- - (12,100) - - (12,151) - - (11,952) - - (6,689)
- (26,667) - - (26,667) - - (26,667) - - (25,000) (8,837)
(383,956) (153,132) (144,952) (178,915) (163,636) (153,459) (144,157) (181,040) (163,114) (159,367) (228,241) (172,904)
IFS 238 von 290

- - - - - - - - - - - -
- (5,000) - - (5,000) - - (5,000) - - (5,000) -

79,205 - - - - - - - - - - -
40,000 - - - - - - - - (10,000) - -
60,000 - - - - - - - - - - -
7,500 - - - - - - - - - - -
23,380 (19,834) (7,046) - - - - - - - - -
210,085 (24,834) (7,046) - (5,000) - - (5,000) - (10,000) (5,000) -
- - 30,992 (3,280) 7,228 121,169 35,333 (11,210) 112,410 10,559 (54,504) 111,858
- - - - - - - - - - - (175,000)
- - 30,992 (3,280) 7,228 121,169 35,333 (11,210) 112,410 10,559 (54,504) (63,142)
- - - 30,992 27,712 34,940 156,109 191,443 180,232 292,642 303,201 248,697
- - 30,992 27,712 34,940 156,109 191,443 180,232 292,642 303,201 248,697 185,555
- - - - - - - - - - - -
76,342 75,700 75,058 74,417 73,775 73,133 72,492 71,850 71,208 70,567 69,925 69,283
515,278 506,403 537,528 527,986 518,444 508,903 499,361 489,819 480,278 470,736 493,694 483,611
- - - 55,000 55,000 55,000 55,000 55,000 55,000 55,000 66,250 66,250
591,619 582,103 612,586 657,403 647,219 637,036 626,853 616,669 606,486 596,303 629,869 619,144
18,390 18,390 18,390 18,390 18,390 18,390 17,845 17,845 19,225 19,225 19,225 19,225
- - - - - - - 10,000 10,000 10,000 10,000 10,000
43,385 40,506 37,381 37,381 37,381 37,381 35,822 35,360 37,625 37,625 37,625 37,625
6,030 6,079 6,079 6,079 6,079 6,079 5,741 5,649 5,875 5,875 5,875 5,875
IFS 239 von 290

- - 30,992 27,712 34,940 156,109 191,443 180,232 292,642 303,201 248,697 185,555
67,805 64,975 92,842 89,562 96,790 217,959 250,851 249,085 365,368 375,927 321,422 258,281
26,880 7,046 - - - - - - - - - -
5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000
40,924 40,736 40,844 40,855 40,866 40,877 38,580 39,126 41,406 40,588 40,459 40,471
4,492 4,564 4,636 4,708 4,780 4,852 4,924 4,997 5,069 5,141 5,213 5,285
914 917 917 917 917 917 908 905 1,020 1,020 1,020 1,020
11,000 11,000 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500
- - 40,000 40,000 40,000 38,750 38,750 38,750 38,750 38,750 38,750 38,750
7,938 5,438 5,438 5,438 5,208 5,625 7,604 7,604 7,604 8,619 8,619 8,619
7,177 7,157 7,184 7,196 7,208 7,220 6,862 6,960 7,335 7,214 7,203 7,215
19,742 2,946 12,816 22,687 5,891 15,762 25,633 8,837 17,882 26,927 10,973 11,181
(21,327) (9,227) (15,656) (3,522) 8,630 8,157 19,838 31,790 31,133 43,184 49,872 54,716
102,739 75,575 109,679 131,779 127,000 135,660 156,600 152,468 163,699 184,942 175,610 180,758
(34,934) (10,600) (16,836) (42,216) (30,210) 82,300 94,252 96,617 201,669 190,985 145,813 77,523
556,685 571,502 595,750 615,186 617,010 719,336 721,105 713,287 808,155 787,287 775,682 696,668
222,000 217,000 217,000 217,000 212,000 212,000 212,000 207,000 207,000 207,000 202,000 202,000
80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000
40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 30,000 30,000 30,000
60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000
7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500
409,500 404,500 404,500 404,500 399,500 399,500 399,500 394,500 394,500 384,500 379,500 379,500
147,185 167,002 191,250 210,686 217,510 319,836 321,605 318,787 413,655 402,787 396,182 317,168
145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000
2,185 22,002 46,250 65,686 72,510 174,836 176,605 173,787 268,655 257,787 251,182 172,168
IFS 240 von 290

147,185 167,002 191,250 210,686 217,510 319,836 321,605 318,787 413,655 402,787 396,182 317,168
- - - - - - - - - - - -
- - - - - - - - - - - -
IFS 241 von 290

1 1 1 1 1 1 1 1 - - -
Apr 20 May 20 Jun 20 Jul 20 Aug 20 Sep 20 Oct 20 Nov 20 Dec 20 Jan 21 Feb 21
36,300 36,300 36,300 36,300 36,300 36,300 36,300 44,000 - - -

27,600 27,600 27,600 27,600 27,600 27,600 25,300 25,300 - - -
14,740 14,740 14,740 15,400 15,400 15,400 15,400 15,400 - - -
8,250 8,250 8,250 8,250 8,250 8,250 8,250 9,300 - - -
5,203 5,255 5,308 5,361 5,414 5,468 5,523 5,578 - - -
12,720 12,720 12,720 12,720 12,720 12,720 12,720 12,720 - - -
20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 - - -
21,573 21,788 22,006 22,226 22,448 22,673 22,900 23,129 - - -
9,075 9,075 9,075 9,075 9,075 9,075 9,075 11,000 - - -
- - 100,050 - - 100,060 - - - - -
155,461 155,728 256,049 156,932 157,208 257,546 155,468 166,427 - - -
71,675 71,705 71,736 71,767 71,798 71,829 70,261 76,707 - - -

8,501 8,501 8,501 8,501 8,501 8,501 8,501 8,501 - - -
5,845 5,942 7,044 6,157 6,269 7,387 6,372 6,713 - - -
86,021 86,148 87,281 86,425 86,568 87,717 85,133 91,920 - - -
69,439 69,580 168,768 70,507 70,640 169,829 70,334 74,507 - - -
44.7% 44.7% 65.9% 44.9% 44.9% 65.9% 45.2% 44.8% - - -
12,479 12,481 12,483 12,486 12,488 12,490 12,493 12,495 - - -
IFS 242 von 290

14,307 14,377 14,447 14,517 14,587 18,683 18,753 18,823 - - -
23,439 22,445 23,951 21,969 21,974 23,981 22,269 22,159 - - -
5,199 5,199 5,199 5,199 5,199 5,199 5,199 5,199 - - -
4,450 4,450 4,450 4,450 4,450 4,450 4,450 4,450 - - -
59,874 58,951 60,530 58,620 58,698 64,804 63,165 63,126 - - -
9,566 10,629 108,238 11,887 11,942 105,026 7,170 11,381 - - -
- - - - - - - - - - -
2,332 2,336 3,841 2,354 2,358 3,863 2,332 2,496 - - -
- - - - - - - - - - -
10,725 11,419 11,419 11,419 11,419 11,419 11,419 11,419 - - -
(3,491) (3,127) 92,977 (1,886) (1,835) 89,743 (6,582) (2,535) - - -
1,226 1,976 1,166 1,160 1,910 1,112 1,112 1,862 - - -
232 188 158 277 303 276 400 419 - - -
- - - - 1,750 - - - - - -
- - - - - - - - - - -
(4,485) (4,915) 91,969 (2,768) (5,192) 88,907 (7,293) (3,978) - - -
9,045 9,045 9,045 9,045 9,045 9,045 9,045 9,045 - - -
(13,531) (13,960) 82,924 (11,814) (14,237) 79,862 (16,338) (13,023) - - -
333,637 319,677 402,601 390,788 376,551 456,413 440,074 427,051 - - -
- - - - - - - - - - -
172,168 158,637 144,677 227,601 215,788 201,551 281,413 265,074 - - -

(13,531) (13,960) 82,924 (11,814) (14,237) 79,862 (16,338) (13,023) - - -
158,637 144,677 227,601 215,788 201,551 281,413 265,074 252,051 - - -
IFS 243 von 290

178,969 179,279 278,142 180,481 180,944 279,826 180,347 188,036 - - -
- (3,000) - - - - (2,000) - - - -
- - - - - - - - - - -
- - - - - - - - - - -
232 188 158 277 303 276 400 419 - - -
179,201 176,468 278,300 180,759 181,247 280,102 178,747 188,454 - - -
(2,205) (2,205) (2,205) (2,205) (2,205) (2,205) (2,148) (2,164) - - -

(83,129) (83,164) (83,199) (83,350) (83,347) (83,307) (82,016) (84,297) - - -
(4,150) (4,260) (5,517) (4,506) (4,633) (5,908) (4,881) (5,150) - - -
(53,901) (53,060) (54,859) (52,682) (52,771) (58,420) (56,551) (56,508) - - -
(6,818) (6,818) (6,818) (6,818) (6,818) (6,818) (6,818) (6,818) - - -
(8,619) (9,473) (9,473) (9,473) (9,473) (9,473) (10,220) (10,220) - - -
- - - - (1,750) - - - - - -
(59,000) - - - - - - - - - -
(125) (125) (125) (125) (125) (125) (125) (125) - - -
- - - - - (1,500) - - - - -
5,000 - - - - - - - - - -
- - - - - - - - - - -
(344) (1,094) (302) (296) (1,046) (267) (267) (1,017) - - -
- - - - - - - - - - -
(758) (758) (739) (739) (739) (720) (720) (720) - - -
- - (11,911) - - (12,093) - - - - -
- (25,000) - - (25,000) - - (25,000) - - -
(214,048) (185,956) (175,147) (160,192) (187,906) (180,835) (163,745) (192,017) - - -
IFS 244 von 290

- - - - - - - - - - -
- (5,000) - - (5,000) - - (5,000) - - -

- - - - - - - (1,762) - - -
- - - - (10,000) - - - - - -
- (10,000) - - - - - - - - -
- - (7,500) - - - - - - - -
- - - - - - - - - - -
- (15,000) (7,500) - (15,000) - - (6,762) - - -
(34,847) (24,488) 95,652 20,567 (21,659) 99,267 15,002 (10,325) - - -
- - - - - - - - - - -
(34,847) (24,488) 95,652 20,567 (21,659) 99,267 15,002 (10,325) - - -

185,555 150,709 126,221 221,873 242,439 220,781 320,048 335,050 - - -
150,709 126,221 221,873 242,439 220,781 320,048 335,050 324,725 - - -
- - - - - - - - - - -
68,642 68,000 67,358 66,717 66,075 65,433 64,792 64,150 - - -

523,528 512,750 501,972 491,194 480,417 469,639 458,861 448,083 - - -
66,250 66,250 66,250 66,250 66,250 66,250 66,250 66,250 - - -
658,419 647,000 635,581 624,161 612,742 601,322 589,903 578,483 - - -
19,225 19,225 19,225 19,390 19,390 19,390 18,700 20,240 - - -

5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 - - -
37,625 37,625 37,625 37,755 37,755 37,755 36,622 39,966 - - -
5,875 5,875 5,875 5,888 5,888 5,888 5,775 6,444 - - -
IFS 245 von 290

150,709 126,221 221,873 242,439 220,781 320,048 335,050 324,725 - - -
218,434 193,946 289,598 310,473 288,814 388,081 401,147 396,375 - - -
- - - - - - - - - - -
5,000 2,000 2,000 2,000 2,000 2,000 - - - - -
40,483 40,495 40,508 40,586 40,533 40,545 39,413 44,990 - - -
5,358 5,430 5,502 5,575 5,647 5,719 5,792 5,864 - - -
1,020 1,020 1,020 1,020 1,020 1,020 963 994 93 - -
8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 - - -
38,750 38,750 38,750 38,750 38,750 37,250 37,250 37,250 - - -
9,473 9,473 9,473 9,473 9,473 10,220 10,220 10,220 - - -
7,227 7,239 7,252 7,274 7,276 7,288 7,117 8,019 - - -
20,226 4,271 13,316 22,361 6,406 15,452 24,497 8,542 - - -
57,679 69,590 69,257 81,307 93,400 92,996 105,224 118,189 - - -
193,717 186,769 195,577 216,846 213,005 220,990 238,975 242,569 93 - -
24,717 7,177 94,021 93,627 75,809 167,091 162,172 153,806 (93) - -

683,137 654,177 729,601 717,788 688,551 768,413 752,074 732,289 (93) - -
202,000 197,000 197,000 197,000 192,000 192,000 192,000 187,000 - - -

80,000 80,000 80,000 80,000 80,000 80,000 80,000 78,238 - - -
30,000 30,000 30,000 30,000 20,000 20,000 20,000 20,000 - - -
60,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 - - -
7,500 7,500 - - - - - - - - -
379,500 364,500 357,000 357,000 342,000 342,000 342,000 335,238 - - -
303,637 289,677 372,601 360,788 346,551 426,413 410,074 397,051 (93) - -
145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 - - -

158,637 144,677 227,601 215,788 201,551 281,413 265,074 252,051 - - -
IFS 246 von 290

303,637 289,677 372,601 360,788 346,551 426,413 410,074 397,051 - - -
- - - - - - - - - - -
- - - - - - - - - - -
IFS 247 von 290

Receivables & Payables (Working Capital)
Period Start
Month of model #
Flag: Month of model > 1M [0;1]
Receivables
Cash in Sales (net of bad debts) Same Month 1M later 2M later 3M later Total
Desktops USD 60.0% 30.0% 10.0% - 786,621
Workstations USD 50.0% 50.0% - - 521,065
Notebooks USD 80.0% 20.0% - - 298,908
Software Products USD 70.0% 20.0% 10.0% - 173,459
Net work infrastructure solutions USD 100.0% - - - 102,846
Repair Services USD 100.0% - - - 276,895
Integration Services USD 100.0% - - - 397,940
Consulting Services USD 100.0% - - - 433,891
Spare Parts USD 100.0% - - - 196,655
License Fees USD 100.0% - - - 492,697
Phasing out of opening BS (Accounts Receivables) USD 12,500 4 Month(s) Phasing out period 12,500
Total receipts USD 3,693,478
BS Account: Accounts Receivables

Balance B/f USD
Sales (net of bad debts) USD 3,680,978
Cash receipts USD (3,693,478)
Balance C/f USD Opening BS 12,500
Debtors+Creditors 248 von 290

VAT receipts (on cash received basis) Same Month 1M later 2M later 3M later Total
Desktops USD 60.0% 30.0% 10.0% - 157,324
Notebooks USD 80.0% 20.0% - - 29,891
Repair Services USD 100.0% - - - 55,379
Integration Services USD 100.0% - - - 79,588
Consulting Services USD 100.0% - - - 86,778
Spare Parts USD 100.0% - - - 39,331
License Fees USD 100.0% - - - -
Total VAT receipts USD 543,317
BS Account: VAT owed to company

Balance B/f USD
Output VAT USD 543,317
VAT received USD (543,317)
Balance C/f USD
Payables
1 Accounts Payables
Payments
(Material/Packaging & Goods) incl. inventory changes Same Month 1M later 2M later 3M later Total
Desktops USD 25.0% 75.0% - - 438,400

Notebooks USD 60.0% 40.0% - - 178,550
Software Products USD - 70.0% 20.0% 10.0% 128,390

Repair Services USD 80.0% 20.0% - - 161,608
Integration Services USD 25.0% 75.0% - - 20,200
Consulting Services USD 25.0% 75.0% - - 33,037
Spare Parts USD 90.0% 10.0% - - 149,738
Phasing out of opening BS (Accounts Payables) USD 10,000 2 Month(s) Phasing out period 10,000
Total payments USD 1,522,034
BS Account: Accounts Payables

Balance B/f USD
Payable USD 1,512,034
Paid USD (1,522,034)
Balance C/f USD Check Ok Opening BS 10,000
VAT payments (Material/Packaging & Goods) Subject to input taxes VAT Rate
VAT on Material/Packaging & Goods (on cash paid basis) USD 80.0% 20.0% 241,925
2 Revenue share Based on payment profile debtors

Revenue share (cash out) Same Month 1M later 2M later 3M later Total
Desktops USD 60.0% 30.0% 10.0% - -
Notebooks USD 80.0% 20.0% - - -
Net work infrastructure solutions USD 100.0% - - - -
Repair Services USD 100.0% - - - -
Integration Services USD 100.0% - - - -
Consulting Services USD 100.0% - - - -
Spare Parts USD 100.0% - - - -

Total cash out revenue share USD 44,060
BS Account: Accrued revenue share

Balance B/f USD
Payable USD 44,060
Paid USD (44,060)
Balance C/f USD
3 Other Direct Expenses

Other Direct Expenses (w/o revenue share) => cash out
Energy costs (of production & manufacturing) Credit Periods
Utilities USD - 35,719
Gas USD - 4,200
Oil USD - -
Third-party services
Subcontract 01 USD - -
Other
Shipping & postage expense USD - 37,370
Repairs & maintenance USD - -
Consumables 01 USD - -
Total cash out other direct expenses USD 77,290

BS Account: Sundry Creditors (direct expenses)
Balance B/f USD
Payable USD 77,290
Paid USD (77,290)
Balance C/f USD
VAT on other direct expenses Subject to input taxes VAT Rate

VAT on other direct expenses(on cash paid basis) USD 70.0% 20.0% 10,821
4 Overhead Expenses
Overhead Expenses (w/o payroll expenses) => cash out
Management &Administration Expenses Credit Periods
Communication (Internet, Phone, Mobile etc.) USD 1 4,648
Office Supplies USD 1 1,050
Travel & Entertainment USD - 14,050
Vehicle Expenses USD - -
Miscellaneous 01 USD - -
Operational Expenses
Power USD 1 22,000
Heat and light USD 1 8,800
Cleaning USD - -
Repairs and maintenance USD - -
Licence fees USD - -
Salesforce Expenses
Freight/distribution expenses USD - 57,680

Selling expenses/commission USD - 74,741
Promotional materials (advertising, brochures etc.) USD - 11,550
Public relations, exhibitions USD - -
Travel expenses USD - -
Marketing campaign / Promotion 01 USD - 2,650
Marketing campaign / Promotion 02 USD - -
Research & Development Expenses
Consultancy USD - -
Materials USD - -
Design, construction & testing of prototypes USD - -
General & Other Expenses
Rent and rates USD 1 63,000
Additional property expenses (Heat, Light etc.) USD - 18,900
Professional fees (Legal, Tax, Audit etc.) USD 2 4,200
Insurances / charges / contributions USD - 7,350
Patents & Trademarks USD - -
Establishment (Start-up costs) USD - -
Total cash out overheads (w/o payroll expenses) USD 290,619
BS Account: Sundry Creditors (overheads)

Balance B/f USD

Payable USD 290,619
Paid USD (290,619)
Balance C/f USD
VAT payments (overheads) Subject to input taxes VAT Rate

VAT on overheads (on cash paid basis) USD 70.0% 20.0% 40,687
5 Summary: VAT owed by company

BS Account: VAT owed to company
Balance B/f USD
Input VAT USD 293,433
VAT paid USD (293,433)
Balance C/f USD
6 Payroll Withholdings
BS Account: Payroll withholdings owed => Social insurances & income taxes
Balance B/f USD Total
Payable USD 154,715
Paid (following month) USD (159,215)
Balance C/f USD 4,500
Working Capital => in commerical version only

Inventory / Stock (manufacturing & merchandise)
Advance payments
Accounts receivables
Negative Working Capital

Advances received
Trade + Sundry creditors
Positive Working Capital
Net Working Capital

1 1 1 1 1 1 1 1 1 1 1 1
1 2 3 4 5 6 7 8 9 10 11 12
- 1 1 1 1 1 1 1 1 1 1 1
- - 1 1 1 1 1 1 1 1 1 1
- - - 1 1 1 1 1 1 1 1 1
22,754 35,430 39,873 40,090 40,090 40,090 40,090 37,489 36,189 35,756 35,756 35,756
9,062 20,390 22,655 22,655 22,655 22,655 22,655 22,655 22,655 24,921 27,186 27,186
10,559 13,199 13,199 13,199 13,199 13,199 13,199 14,255 14,519 14,519 14,519 14,519
5,688 7,520 8,392 8,422 8,422 8,422 8,422 8,215 8,156 8,126 8,126 8,126
4,433 4,433 4,433 4,433 4,433 4,433 4,433 4,433 4,925 4,925 4,974 5,024
13,782 13,782 13,782 13,782 13,782 13,782 13,782 13,782 13,782 13,782 13,782 12,529
17,730 17,730 17,730 17,730 17,730 17,730 17,730 17,730 19,700 19,700 19,700 19,700
18,671 18,857 19,046 19,236 19,429 19,623 19,819 20,017 20,218 20,420 20,624 20,830
9,481 10,022 10,022 10,022 10,022 10,022 10,022 8,939 8,939 8,939 8,939 8,939
- - - - - - 98,520 - - 98,530 - -
3,125 3,125 3,125 3,125 - - - - - - - -
115,284 144,489 152,257 152,694 149,761 149,955 248,671 147,515 149,082 249,617 153,606 152,609
12,500 38,684 43,385 40,506 37,381 37,381 37,381 37,381 35,822 35,360 37,625 37,625
141,468 149,190 149,378 149,569 149,761 149,955 248,671 145,957 148,619 251,882 153,606 152,609
(115,284) (144,489) (152,257) (152,694) (149,761) (149,955) (248,671) (147,515) (149,082) (249,617) (153,606) (152,609)
38,684 43,385 40,506 37,381 37,381 37,381 37,381 35,822 35,360 37,625 37,625 37,625

4,551 7,086 7,975 8,018 8,018 8,018 8,018 7,498 7,238 7,151 7,151 7,151
906 2,039 2,266 2,266 2,266 2,266 2,266 2,266 2,266 2,492 2,719 2,719
1,056 1,320 1,320 1,320 1,320 1,320 1,320 1,425 1,452 1,452 1,452 1,452
1,138 1,504 1,678 1,684 1,684 1,684 1,684 1,643 1,631 1,625 1,625 1,625
355 355 355 355 355 355 355 355 394 394 398 402
2,756 2,756 2,756 2,756 2,756 2,756 2,756 2,756 2,756 2,756 2,756 2,506
3,546 3,546 3,546 3,546 3,546 3,546 3,546 3,546 3,940 3,940 3,940 3,940
3,734 3,771 3,809 3,847 3,886 3,925 3,964 4,003 4,044 4,084 4,125 4,166
1,896 2,004 2,004 2,004 2,004 2,004 2,004 1,788 1,788 1,788 1,788 1,788
- - - - - - - - - - - -
19,938 24,382 25,709 25,796 25,835 25,874 25,913 25,280 25,508 25,682 25,954 25,748
- 4,692 6,030 6,079 6,079 6,079 6,079 6,079 5,741 5,649 5,875 5,875
24,629 25,721 25,758 25,796 25,835 25,874 25,913 24,942 25,415 25,909 25,954 25,748
(19,938) (24,382) (25,709) (25,796) (25,835) (25,874) (25,913) (25,280) (25,508) (25,682) (25,954) (25,748)
4,692 6,030 6,079 6,079 6,079 6,079 6,079 5,741 5,649 5,875 5,875 5,875
5,675 22,685 22,530 22,200 22,200 22,200 22,200 21,380 19,140 19,800 19,800 19,800
8,785 17,475 16,690 16,000 16,000 16,000 16,000 16,000 16,000 18,290 19,890 19,200
4,110 7,540 8,000 8,000 8,000 8,000 8,000 8,681 8,934 8,800 8,800 8,800
- 3,710 5,449 6,173 6,270 6,270 6,270 6,270 6,116 6,072 6,050 6,050

1,125 1,125 1,125 1,125 1,125 1,125 1,125 1,125 1,250 1,250 1,364 1,377
6,716 8,395 8,395 8,395 8,395 8,395 8,395 8,395 8,395 8,395 7,836 7,136
225 900 900 900 900 900 900 900 925 1,000 1,000 1,000
355 1,425 1,439 1,454 1,468 1,483 1,498 1,513 1,528 1,543 1,559 1,574
6,497 7,590 7,631 7,631 7,631 7,631 7,631 6,889 6,806 6,806 6,806 6,806
- - - - - - - - - - - -
5,000 5,000 - - - - - - - - - -
38,488 75,845 72,160 71,878 71,990 72,004 72,019 71,153 69,094 71,957 73,104 71,744
10,000 42,992 40,924 40,736 40,844 40,855 40,866 40,877 38,580 39,126 41,406 40,588
71,481 73,777 71,972 71,986 72,001 72,016 72,031 68,856 69,641 74,236 72,286 71,615
(38,488) (75,845) (72,160) (71,878) (71,990) (72,004) (72,019) (71,153) (69,094) (71,957) (73,104) (71,744)
42,992 40,924 40,736 40,844 40,855 40,866 40,877 38,580 39,126 41,406 40,588 40,459
5,358 11,335 11,546 11,501 11,518 11,521 11,523 11,384 11,055 11,513 11,697 11,479
- - - - - - - - - - - -
460 1,035 1,150 1,150 1,150 1,150 1,150 1,150 1,150 1,265 1,380 1,380
- - - - - - - - - - - -
578 764 852 855 855 855 855 834 828 825 825 825
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -

- - - - - - - - - - - -
1,038 1,799 2,002 2,005 2,005 2,005 2,005 1,984 1,978 2,090 2,205 2,205
- 708 914 917 917 917 917 917 908 905 1,020 1,020
1,745 2,005 2,005 2,005 2,005 2,005 2,005 1,975 1,975 2,205 2,205 2,205
(1,038) (1,799) (2,002) (2,005) (2,005) (2,005) (2,005) (1,984) (1,978) (2,090) (2,205) (2,205)
708 914 917 917 917 917 917 908 905 1,020 1,020 1,020
1,000 1,050 1,103 1,158 1,216 1,276 1,340 1,407 1,477 1,551 1,629 1,710
200 200 200 200 200 200 200 200 200 200 200 200
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
1,436 1,515 1,517 1,518 1,520 1,522 2,525 1,482 1,509 2,557 1,559 1,549
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
2,636 2,765 2,819 2,876 2,936 2,999 4,065 3,089 3,186 4,309 3,388 3,460

- - - - - - - - - - - -
2,636 2,765 2,819 2,876 2,936 2,999 4,065 3,089 3,186 4,309 3,388 3,460
(2,636) (2,765) (2,819) (2,876) (2,936) (2,999) (4,065) (3,089) (3,186) (4,309) (3,388) (3,460)
- - - - - - - - - - - -
369 387 395 403 411 420 569 432 446 603 474 484
- 200 202 204 206 208 210 212 214 217 219 221
- 50 50 50 50 50 50 50 50 50 50 50
650 650 650 650 650 650 650 650 650 650 650 650
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- 500 600 650 700 750 800 850 900 950 1,000 1,050
- 200 240 260 280 300 320 340 360 380 400 420
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
2,640 2,640 2,640 2,640 2,640 2,640 2,640 2,800 2,800 2,800 2,800 2,800

2,872 3,029 3,033 3,037 3,041 3,045 5,049 2,964 3,018 5,114 3,119 3,099
550 550 550 550 550 550 550 550 550 550 550 550
- - - - - - - - - - - -
- - - - - - - - - - - -
330 - - 330 - - 500 - 330 - - 330
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000
900 900 900 900 900 900 900 900 900 900 900 900
- - 200 200 200 200 200 200 200 200 200 200
350 350 350 350 350 350 350 350 350 350 350 350
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
8,292 12,069 12,415 12,821 12,567 12,643 15,219 12,866 13,322 15,161 13,238 13,620
- 4,150 4,492 4,564 4,636 4,708 4,780 4,852 4,924 4,997 5,069 5,141

12,442 12,411 12,487 12,893 12,639 12,715 15,291 12,938 13,394 15,233 13,310 13,692
(8,292) (12,069) (12,415) (12,821) (12,567) (12,643) (15,219) (12,866) (13,322) (15,161) (13,238) (13,620)
4,150 4,492 4,564 4,636 4,708 4,780 4,852 4,924 4,997 5,069 5,141 5,213
1,161 1,690 1,738 1,795 1,759 1,770 2,131 1,801 1,865 2,123 1,853 1,907
- 6,660 7,177 7,157 7,184 7,196 7,208 7,220 6,862 6,960 7,335 7,214
13,548 13,929 13,658 13,725 13,701 13,722 14,235 13,261 13,464 14,614 13,903 13,860
(6,888) (13,412) (13,678) (13,698) (13,689) (13,711) (14,223) (13,618) (13,366) (14,239) (14,024) (13,870)
6,660 7,177 7,157 7,184 7,196 7,208 7,220 6,862 6,960 7,335 7,214 7,203
4,500 7,938 7,938 5,438 5,438 5,438 5,208 5,625 7,604 7,604 7,604 8,619
3,438 3,438 3,438 3,438 3,438 5,208 5,625 7,604 7,604 7,604 8,619 8,619
- (3,438) (5,938) (3,438) (3,438) (5,438) (5,208) (5,625) (7,604) (7,604) (7,604) (8,619)
7,938 7,938 5,438 5,438 5,438 5,208 5,625 7,604 7,604 7,604 8,619 8,619

1 1 1 1 1 1 1 1 1 - - -
13 14 15 16 17 18 19 20 21 22 23 24
1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1
35,756 35,756 35,756 35,756 35,756 35,756 35,756 35,756 40,306 16,578 4,334 -
27,186 27,186 27,186 27,186 27,186 27,186 27,186 26,053 24,921 12,460 - -
14,519 14,519 14,519 14,519 15,039 15,169 15,169 15,169 15,169 3,034 - -
8,126 8,126 8,126 8,126 8,126 8,126 8,126 8,126 8,850 2,645 916 -
5,074 5,125 5,176 5,228 5,280 5,333 5,386 5,440 5,495 - - -
12,529 12,529 12,529 12,529 12,529 12,529 12,529 12,529 12,529 - - -
19,700 19,700 19,700 19,700 19,700 19,700 19,700 19,700 19,700 - - -
21,039 21,249 21,461 21,676 21,893 22,112 22,333 22,556 22,782 - - -
8,939 8,939 8,939 8,939 8,939 8,939 8,939 8,939 10,835 - - -
98,539 - - 98,549 - - 98,559 - - - - -
- - - - - - - - - - - -
251,407 153,129 153,392 252,208 154,448 154,850 253,683 154,269 160,587 34,716 5,250 -
37,625 37,625 37,625 37,625 37,625 37,755 37,755 37,755 36,622 39,966 5,250 -
251,407 153,129 153,392 252,208 154,578 154,850 253,683 153,136 163,931 - - -
(251,407) (153,129) (153,392) (252,208) (154,448) (154,850) (253,683) (154,269) (160,587) (34,716) (5,250) -
37,625 37,625 37,625 37,625 37,755 37,755 37,755 36,622 39,966 5,250 - -

7,151 7,151 7,151 7,151 7,151 7,151 7,151 7,151 8,061 3,316 867 -
2,719 2,719 2,719 2,719 2,719 2,719 2,719 2,605 2,492 1,246 - -
1,452 1,452 1,452 1,452 1,504 1,517 1,517 1,517 1,517 303 - -
1,625 1,625 1,625 1,625 1,625 1,625 1,625 1,625 1,770 529 183 -
406 410 414 418 422 427 431 435 440 - - -
2,506 2,506 2,506 2,506 2,506 2,506 2,506 2,506 2,506 - - -
3,940 3,940 3,940 3,940 3,940 3,940 3,940 3,940 3,940 - - -
4,208 4,250 4,292 4,335 4,379 4,422 4,467 4,511 4,556 - - -
1,788 1,788 1,788 1,788 1,788 1,788 1,788 1,788 2,167 - - -
- - - - - - - - - - - -
25,794 25,840 25,887 25,934 26,033 26,094 26,143 26,079 27,449 5,394 1,050 -
5,875 5,875 5,875 5,875 5,875 5,888 5,888 5,888 5,775 6,444 1,050 (0)
25,794 25,840 25,887 25,934 26,046 26,094 26,143 25,965 28,118 - - -
(25,794) (25,840) (25,887) (25,934) (26,033) (26,094) (26,143) (26,079) (27,449) (5,394) (1,050) -
5,875 5,875 5,875 5,875 5,888 5,888 5,888 5,775 6,444 1,050 (0) (0)
19,800 19,800 19,800 19,800 19,800 19,800 19,800 19,800 21,235 19,155 - -
19,200 19,200 19,200 19,200 19,200 19,200 19,200 18,055 17,255 8,800 - -
8,800 8,800 8,800 8,800 8,899 8,866 8,800 8,800 8,800 3,520 - -
6,050 6,050 6,050 6,050 6,050 6,050 6,050 6,050 6,050 6,589 1,969 682

1,391 1,405 1,419 1,433 1,447 1,462 1,476 1,491 1,506 - - -
6,996 6,996 6,996 6,996 6,996 6,996 6,996 6,996 6,996 1,399 - -
1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 750 - -
1,590 1,606 1,622 1,638 1,655 1,671 1,688 1,705 1,722 1,301 - -
6,806 6,806 6,806 6,806 6,806 6,806 6,806 6,806 8,106 825 - -
- - - - - - - - - - - -
- - - - - - - - - - - -
71,633 71,663 71,693 71,724 71,853 71,851 71,817 70,703 72,670 42,339 1,969 682
40,459 40,471 40,483 40,495 40,508 40,586 40,533 40,545 39,413 44,990 2,651 682
71,645 71,675 71,705 71,736 71,932 71,798 71,829 69,571 78,247 - - -
(71,633) (71,663) (71,693) (71,724) (71,853) (71,851) (71,817) (70,703) (72,670) (42,339) (1,969) (682)
40,471 40,483 40,495 40,508 40,586 40,533 40,545 39,413 44,990 2,651 682 -
11,461 11,466 11,471 11,476 11,497 11,496 11,491 11,313 11,627 6,774 315 109
- - - - - - - - - - - -
1,380 1,380 1,380 1,380 1,380 1,380 1,380 1,323 1,265 633 - -
- - - - - - - - - - - -
825 825 825 825 825 825 825 825 899 269 93 -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -

- - - - - - - - - - - -
2,205 2,205 2,205 2,205 2,205 2,205 2,205 2,148 2,164 901 93 -
1,020 1,020 1,020 1,020 1,020 1,020 1,020 1,020 963 994 93 -
2,205 2,205 2,205 2,205 2,205 2,205 2,205 2,090 2,195 - - -
(2,205) (2,205) (2,205) (2,205) (2,205) (2,205) (2,205) (2,148) (2,164) (901) (93) -
1,020 1,020 1,020 1,020 1,020 1,020 1,020 963 994 93 - -
1,796 1,886 1,980 2,079 2,183 2,292 2,407 2,527 2,653 - - -

200 200 200 200 200 200 200 200 200 - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
2,552 1,555 1,557 2,560 1,569 1,572 2,575 1,555 1,664 - - -

- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
4,548 3,640 3,737 4,839 3,952 4,064 5,182 4,282 4,518 - - -

- - - - - - - - - - - -
4,548 3,640 3,737 4,839 3,952 4,064 5,182 4,282 4,518 - - -
(4,548) (3,640) (3,737) (4,839) (3,952) (4,064) (5,182) (4,282) (4,518) - - -
- - - - - - - - - - - -
637 510 523 678 553 569 725 599 632 - - -
223 225 228 230 232 235 237 239 242 244 - -
50 50 50 50 50 50 50 50 50 50 - -
650 700 700 700 700 700 700 700 700 - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
1,100 1,150 1,200 1,250 1,300 1,350 1,400 1,450 1,500 1,550 - -
440 460 480 500 520 540 560 580 600 620 - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
2,800 2,800 2,800 2,800 2,800 2,800 2,800 2,800 2,800 - - -

5,105 3,109 3,115 5,121 3,139 3,144 5,151 3,109 3,329 - - -
550 550 550 550 550 550 550 550 550 - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - 500 - - - - 330 - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 - -
900 900 900 900 900 900 900 900 900 - - -
200 200 200 200 200 200 200 200 200 200 200 -
350 350 350 350 350 350 350 350 350 - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
15,368 13,495 14,072 15,651 13,741 13,819 15,898 14,259 14,220 5,664 200 -
5,213 5,285 5,358 5,430 5,502 5,575 5,647 5,719 5,792 5,864 200 -

15,440 13,567 14,144 15,723 13,813 13,891 15,970 14,331 14,293 - - -
(15,368) (13,495) (14,072) (15,651) (13,741) (13,819) (15,898) (14,259) (14,220) (5,664) (200) -
5,285 5,358 5,430 5,502 5,575 5,647 5,719 5,792 5,864 200 - -
2,151 1,889 1,970 2,191 1,924 1,935 2,226 1,996 1,991 793 28 -
7,203 7,215 7,227 7,239 7,252 7,274 7,276 7,288 7,117 8,019 452 109
14,262 13,877 13,976 14,356 13,996 14,001 14,454 13,737 15,153 - - -
(14,250) (13,865) (13,964) (14,344) (13,974) (14,000) (14,442) (13,908) (14,250) (7,567) (343) (109)
7,215 7,227 7,239 7,252 7,274 7,276 7,288 7,117 8,019 452 109 -
8,619 8,619 9,473 9,473 9,473 9,473 9,473 10,220 10,220 10,220 - -
8,619 9,473 9,473 9,473 9,473 9,473 10,220 10,220 10,220 - - -
(8,619) (8,619) (9,473) (9,473) (9,473) (9,473) (9,473) (10,220) (10,220) (10,220) - -
8,619 9,473 9,473 9,473 9,473 9,473 10,220 10,220 10,220 - - -

Taxes
Period Start
Calendar Year (Counter) #
Input/output Tax (VAT)
1 Input/output tax payable

VAT on sales USD output tax 543,317
VAT on cost of materials/goods USD input tax (241,925)
VAT on other direct costs (w/o revenue share) USD input tax (10,821)
VAT on overheads (non-payroll expenses only) USD input tax (40,687)
VAT on capex USD input tax (64,800)
VAT payable / (recoverable) USD 185,085
Check: VAT
VAT: Input tax paid USD 358,233
VAT: Output tax received USD 543,317
Delta: Payments vs. Payable USD Ok 185,085
2 BS Account: VAT owed to tax authority

Balance B/f USD
VAT payable / (recoverable) USD (neg. = recoverable; pos. = payable) 185,085
Flag: Month of payment [1,0] Quarterly 3 Offset 0 Mths
VAT paid/recovered USD (neg. = paid; pos. = recovered) (66,895)
Taxes 270 von 290

Balance C/f USD (neg. = receivable; pos. = liability)
Taxes on Income
1 Tax Calculation (annual basis) Financial Year

Model Life [1,0]
Earnings before Tax (EBT) USD
Tax loss carryforward

Balance B/f USD
Change USD
Balance C/f USD loss carryforward at model start -
Earnings after accounting for loss carryforward USD
Taxes on Income USD 30.0% 197,379
2 Tax payments => Cashflow Financial Year
Advanced payments (per financial year) USD 180,000

No of payments (per financial year) #
Amount of advance payment per payment period USD
No of months in financial year #
Distribution over the year

Advanced payments Month in calendar year
Flag Advanced payments periods [1,0] 2 5 8 11
Advanced payments USD 180,000
Tax payment in following year
Taxes 271 von 290

Flag payment period for previous year [1,0] in Month 3 of the following calendar year
Tax for previous year USD 88,837
Total advanced payments USD 80,000
Supplementary payment / (Refunding) USD 8,837
3 Tax payable => P&L

Tax payable during the year (P&L) USD (equal monthly distribution) 197,379
4 BS Account: Taxes on income owed

Balance B/f USD
Tax payable USD 197,379
Tax paid USD (if positive => refunding) (188,837)
Balance C/f USD
Payable after model end USD 8,542 Ok
Taxes 272 von 290

1 1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 2 2 2
24,629 25,721 25,758 25,796 25,835 25,874 25,913 24,942 25,415 25,909 25,954 25,748
(11,437) (11,804) (11,515) (11,518) (11,520) (11,522) (11,525) (11,017) (11,143) (11,878) (11,566) (11,458)
(369) (387) (395) (403) (411) (420) (569) (432) (446) (603) (474) (484)
(1,742) (1,738) (1,748) (1,805) (1,769) (1,780) (2,141) (1,811) (1,875) (2,133) (1,863) (1,917)
(9,000) (35,200) - (6,400) - - - - - - - (5,200)
2,081 (23,408) 12,100 5,671 12,134 12,151 11,678 11,681 11,952 11,295 12,050 6,689
15,888 48,612 13,678 20,098 13,689 13,711 14,223 13,618 13,366 14,239 14,024 19,070
19,938 24,382 25,709 25,796 25,835 25,874 25,913 25,280 25,508 25,682 25,954 25,748
- 2,081 (21,327) (9,227) (15,656) (3,522) 8,630 8,157 19,838 31,790 31,133 43,184
2,081 (23,408) 12,100 5,671 12,134 12,151 11,678 11,681 11,952 11,295 12,050 6,689
1 - - 1 - - 1 - - 1 - -
- - - (12,100) - - (12,151) - - (11,952) - -
Taxes 273 von 290

2,081 (21,327) (9,227) (15,656) (3,522) 8,630 8,157 19,838 31,790 31,133 43,184 49,872
1 2 3 4 5
FY 2019 FY 2020 FY 2021 FY 2022 FY 2023
1 1 - - -
296,124 361,807 - - -
- - - - -
- - - - -
- - - - -
296,124 361,807 - - -
88,837 108,542 - - -
FY 2019 FY 2020 FY 2021 FY 2022 FY 2023
80,000 100,000 - - -
3 4 - - -
26,667 25,000 - - -
9 12 - - -
- - 1 - - 1 - - 1 - - 1
- - 26,667 - - 26,667 - - 26,667 - - 25,000
Taxes 274 von 290

1 - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
9,871 9,871 9,871 9,871 9,871 9,871 9,871 9,871 9,871 9,045 9,045 9,045
- 9,871 19,742 2,946 12,816 22,687 5,891 15,762 25,633 8,837 17,882 26,927
9,871 9,871 9,871 9,871 9,871 9,871 9,871 9,871 9,871 9,045 9,045 9,045
- - (26,667) - - (26,667) - - (26,667) - - (25,000)
9,871 19,742 2,946 12,816 22,687 5,891 15,762 25,633 8,837 17,882 26,927 10,973
Taxes 275 von 290

1 1 1 1 1 1 1 1 1 - - -
2 2 2 2 2 2 2 2 2 3 3 3
25,794 25,840 25,887 25,934 26,046 26,094 26,143 25,965 28,118 - - -

(11,463) (11,468) (11,473) (11,478) (11,509) (11,488) (11,493) (11,131) (12,519) - - -
(637) (510) (523) (678) (553) (569) (725) (599) (632) - - -
(2,162) (1,899) (1,980) (2,201) (1,934) (1,945) (2,236) (2,006) (2,001) - - -
- (9,000) - - - - - - - - - -
11,533 2,963 11,911 11,577 12,050 12,093 11,689 12,228 12,965 - - -
14,250 22,865 13,964 14,344 13,974 14,000 14,442 13,908 14,250 7,567 343 109
25,794 25,840 25,887 25,934 26,033 26,094 26,143 26,079 27,449 5,394 1,050 -
49,872 54,716 57,679 69,590 69,257 81,307 93,400 92,996 105,224 - - -

11,533 2,963 11,911 11,577 12,050 12,093 11,689 12,228 12,965 - - -
1 - - 1 - - 1 - - - - -
(6,689) - - (11,911) - - (12,093) - - - - -
Taxes 276 von 290

54,716 57,679 69,590 69,257 81,307 93,400 92,996 105,224 118,189 - - -
- - 1 - - 1 - - 1 - - -
- - 25,000 - - 25,000 - - 25,000 - - -
Taxes 277 von 290

1 - - - - - - - - - - -
88,837 - - - - - - - - - - -
80,000 - - - - - - - - - - -
8,837 - - - - - - - - - - -
9,045 9,045 9,045 9,045 9,045 9,045 9,045 9,045 9,045 - - -
10,973 11,181 20,226 4,271 13,316 22,361 6,406 15,452 24,497 - - -

9,045 9,045 9,045 9,045 9,045 9,045 9,045 9,045 9,045 - - -
(8,837) - (25,000) - - (25,000) - - (25,000) - - -
11,181 20,226 4,271 13,316 22,361 6,406 15,452 24,497 8,542 - - -
Taxes 278 von 290

Timing - Master
Model: 5 Year Forecast Go to table of contents All timing parameters are fully adjustable
Flags & Counters

Days in Period days 31 30
Calendar Year year 2019 2019
Calendar Year (Counter) # 1 1
Month since start of financial year # 3 4 5
Financial Year year Financal Year ends in Monat 11 2019 2019
Financial Month # 4 5
Financial Year (Counter) # 1 1
Calendar Years during model life # 1 1
Quarter and Half-year (Calendar Year)

Quarter CY # Q = quarter Q1 Q2
Half-year CY # H = half year H1 H1
Calculation Quarter of FY 1 2
Month 12 Month 1
Q1 Q1
1 2
Quarter (Financial Year)
Quarter FY # Q2 Q2
Timing 279 von 290

First Month (in text format) Mar
First Year 2019
USD
Timing 280 von 290

rs are fully adjustable in commercial version only
1 1 1 1 1 1 1 1 1 1 1 1
31 30 31 31 30 31 30 31 31 29 31 30
2019 2019 2019 2019 2019 2019 2019 2019 2020 2020 2020 2020
1 1 1 1 1 1 1 1 2 2 2 2
6 7 8 9 10 11 12 13 14 15 16 17
2019 2019 2019 2019 2019 2019 2019 2020 2020 2020 2020 2020
6 7 8 9 10 11 12 1 2 3 4 5
1 1 1 1 1 1 1 2 2 2 2 2
3 4 5 6 7 8 9 10 11 12 13 14
1 1 1 1 1 1 1 1 1 1 2 2
Q2 Q2 Q3 Q3 Q3 Q4 Q4 Q4 Q1 Q1 Q1 Q2
H1 H1 H2 H2 H2 H2 H2 H2 H1 H1 H1 H1
3 4 5 6 7 8 9 10 11 12
Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11
Q1 Q2 Q2 Q2 Q3 Q3 Q3 Q4 Q4 Q4
3 4 5 6 7 8 9 10 11 12
Q2 Q3 Q3 Q3 Q4 Q4 Q4 Q1 Q1 Q1 Q2 Q2
Timing 281 von 290

1 1 1 1 1 1 1 - - -
31 30 31 31 30 31 30 31 31 28
2020 2020 2020 2020 2020 2020 2020 2020 2021 2021
2 2 2 2 2 2 2 2 3 3
18 19 20 21 22 23 24 25 26 27
2020 2020 2020 2020 2020 2020 2020 2021 2021 2021
6 7 8 9 10 11 12 1 2 3
2 2 2 2 2 2 2 3 3 3
15 16 17 18 19 20 21 22 23 24
2 2 2 2 2 2 2 - - -
Q2 Q2 Q3 Q3 Q3 Q4 Q4 Q4 Q1 Q1
H1 H1 H2 H2 H2 H2 H2 H2 H1 H1
Q2 Q3 Q3 Q3 Q4 Q4 Q4 Q1 Q1 Q1
Timing 282 von 290

Formats & Styles Key, Constants and Lookup Tables
Frequently used Formatting Styles

Table Heading Table Heading
Input 100
Input (permanent) 100 same as input but permanent => i.e. input data will not be erased by macro "New planning - Erase
Reference InSheet 100
Reference OffSheet 100
Name Input Name
Technical Input 100
Actuals 100
Empty Cell
External Link 100.0
Flag (Standard) 1
1 with conditional formatting => copy required
Checks, Flags & Miscellaneous

Hyperlink Hyperlink
Cell Check Fail with conditional formatting => copy required (text can be changed manually)
Cell Clue Alert with conditional formatting => copy required (text can be changed manually)
Cell_OnOff On with conditional formatting => copy required (text can be changed manually)
Switch YES-NO (no cell style) Yes 1=Yes , 0=No uses data validation => copy required
Switch active/inactive (no cell style) 1 with conditional formatting => copy required
Formats 283 von 290

Status Work in Progress WIP
Status Checked Checked
Status To be checked to be checked
Comment Comment
Ratio 1.0x
Date long 01 Jan 20 after using this cell style, an additional style can be applied, e.g. Input, InShee
Date short 01/ 01/ 2020 after using this cell style, an additional style can be applied, e.g. Input, InShee
Positive Zero Negative

Number Standard 1,500 - (1,500) after using this cell style, an additional style can
Number Percent 25% - (25%) after using this cell style, an additional style can
Formats 284 von 290

Formatting Styles
Line Formats Sheet Header
Unit EUR Sheet Header 1

Sheet Header 2
Line Summary 100 Sheet Header 3
Line Operation 100
Line Subtotal 100 Section Header
Line Total Header 1

100
Line Closing 100 Header 2

Header 3
Header 4
Constants, Symbols & General Lookup Tables

Constants Name Lookup Tables
Days in Year 365 days_yr
Months per Year 12 months_yr
Quarters per Year 4 quarters_yr
Months per Quarter 3 mths_quarter
Rounding Tolerance 0.00001 Tolerance

Thousand 1,000 Thousand
Million 1,000,000 Million
Billion 1,000,000,000 Billion
Very Small Number 0.0000001 VerySmallNumber
Formats 285 von 290

Symbols
Arrow down (active) ▼ Pf_unt_ja
Arrow down (inactive) × Pf_unt_nein
Arrow left ◄ Pf_li
Arrow right ► Pf_re
Arrows horizontal (active) tu Pf_hor_ja
Arrows horizontal (inactive) vw Pf_hor_nein
1
Example Arrow down (active, if cell above = 1) ▼ with conditional formatting => copy required
Formats 286 von 290

acro "New planning - Erase all input data"
Formats 287 von 290

applied, e.g. Input, InSheet, OffSheet etc.
applied, e.g. Input, InSheet, OffSheet etc.
yle, an additional style can be applied, e.g. Input, InSheet, OffSheet etc.
yle, an additional style can be applied, e.g. Input, InSheet, OffSheet etc.
Formats 288 von 290

Sheet Header 1
Sheet Header 2
Sheet Header 3
Headline 1
Headline 2
Headline 3
Headline 4
Month Switch Name

Jan 1 Months
Feb 2
Mar 3
Apr 4
May 5
Jun 6
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Copyright:

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EFM Classic Business Free Trial

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Excel-Financial-Model (EFM)

Version: "Classic Economy"

For full version click button

Version 2.01 - Free Trial Version Full Version

"The easy way to create financial forecasts

LEGAL DISCLAIMER AND LICENSE AGREEMENT

Company Profile and Contact

Fimovi - offered by Smart Cap GmbH

© Copyright 2011 - 2017, Smart Cap GmbH

"The easy way to create financial

Difference between Trial version and Commercial versio

Planning period (model life time)

Protection & Adaptability

2. Output sheets / Summaries

Profit & Loss, Cashflow and Balance Sheet

Key Performance Indicators (KPIs)

Working Capital & Cash Conversion Cycle (CCC)

3. Support and Updates

- Freely customizable & exten

d Commercial version of Excel-Financial-Model (EFM-CE)

Free Trial Version

Restricted to 24 months max.

Timing parameters cannot be changed

Only input cells can be changed, all other cells are

No time-saving macros included

Free Trial Version

Free Trial Version

- Freely customizable & extendable

Full Commercial Version

All timing parameters fully adjustable

Any planning currency can be freely selected

All cells are accessible and editable

Includes time-saving macros

Full Commercial Version

Automatic calculation of numerous KPIs regarding

Automatic calculation of Days Sales Outstanding

Full Commercial Version

30 days technical support

Lifetime free updates

A - Layout and Structure of EFM

B Inputs & Removal of Worksheet Protection

C Building a new model - How to proceed

2. Remove all existing assumptions and input data

3. Enter general model assumptions

4. Enter assumptions for products and services

5. Enter assumptions for human resources

5. Enter assumptions for human resources

6. Enter financing assumptions

7. Enter payment targets and tax assumptions

8. Enter assumptions for inventory planning and opening balance

10. Enter monthly personnel deployment schedule

11. Enter Cost of Materials/Packaging or Goods required and target inventory

12. Enter direct costs

13. Enter indirect costs (Overheads)

14. Enter capital expenditures

15. Enter financing assumption (final step)

12. Enter direct costs

13. Enter indirect costs (Overheads)

14. Enter capital expenditures

15. Enter financing assumption (final step)

h an overview of the layout and structure of Excel-Financial-Model as well as the

g a new model. It is recommended to input all financing assumptions at the end of

one or more worksheets please use the password: “0000”