Financial Projections - 3 Years - 4 (Halal Hotel)

Kamala Halal Hotel
Sources and Applications of Funds for Startup

SOURCES OF FUNDS
Owners' Investments
Your name & % of ownership 5,000,000
Other investor & % of ownership 0
Total Investments 5,000,000
Bank Loans
Short-term 1 0
Long-term 1 0
Total Bank Loans 0
Other Loans
Source 1 0
Source 2 0
Total Other Loans 0
Total Loans 0
TOTAL INVESTMENTS AND LOANS 5,000,000
APPLICATIONS OF FUNDS
Assets Purchases
Buildings $5,000,000
Leasehold improvements
Item 1 0
Item 2 0 0
Equipments
Furniture 0
Equipments 0
Machinery 0
Other 0 0
Opening inventory
Total Assets $5,000,000
Startup Expenses (First 3 Months Cash Needs)

Office rent $2,820
Internet connection & hosting 960
Phone 960
Salaries & wages 23,500
Office supplies 31,250
Postage 940
Repairs & maintenance 0
Delivery charges 1,000
Lease payments 0
Loan payments 0
Licenses and permits 53,000
Professional fees 29,000
Bank service charges 500
Credit card fees 0
Insurance 900
Agreement of Construction 468,750
Advertising / Promotion 2,820
Traveling 2,100
Sales expenses 0
Sales commissions 0
Other 4,690
Total Expenses $623,190
Reserve for Contingencies $76,810
Working Capital -$700,000
TOTAL APPLICATIONS OF FUNDS $5,000,000
Sources & Applications of Funds Confidential

Kamala Halal Hotel
Balance Sheet
Opening Date
Opening Day
ASSETS
Current Assets $ 5,000,000.00

Cash $ 5,000,000.00
Short-term investments 0
Accounts receivable 0
Less: Reserve for bad debts 0 0
Inventories 0
Prepaid expenses 0
Other: 0
Total Current Assets $ 5,000,000.00
Fixed Assets
Vehicles 0
Less: Accumulated depreciation 0 $ -
Furniture and fixtures 0
Equipments 0
Leasehold improvements 0
Less: Accumulated depreciation 0 0
Buildings 0
Land $ 625,000.00
Long-term investments 0
Total Fixed Assets $625,000
Other Assets
Goodwill $0
Total Other Assets $0
TOTAL ASSETS $5,625,000.0
LIABILITIES AND EQUITY
Current Liabilities
Accounts payable $625,000
Accrued wages 0
Accrued compensation 0
Income taxes payable 0
Payroll taxes payable 0
Unearned revenues 0
Current loan payable (due within 12 months) 0
Current portion of long-term dept 0
Other: 0
Total Current Liabilities $625,000
Long-Term Liabilities
Long-term loan payable $0
Less: Short-term portion 0
Other: 0
Total Long-Term Liabilities $0
Total Liabilities $625,000
Stockholders' Equity
Investment capital $5,000,000
Accumulated retained earnings 0
Current net profit (loss) $ -
Less: Dividend 0
Total Capital $5,000,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $5,625,000
Balance Sheet - Opening Day Confidential

Kamala Halal Hotel
Sales Projections - 6 Years Forecast
YEAR 1
January February March April May June July August September October November December TOTAL
1. Connecting Rooms ( 28 Rooms ) 0 0 0 0 0 0 0 0 0 0 0 0 0

Sale Price per Unit $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Cat 1 Total $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
2. Twin Bed Rooms ( 26 Rooms) 0 0 0 0 0 0 0 0 0 0 0 0 0

Cat 2 Total $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
3.Double Bed Rooms ( 19 Rooms) 0 0 0 0 0 0 0 0 0 0 0 0 0

Cat 3 Total $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
4.Restaurant ( Food & Beverge ) 0 0 0 0 0 0 0 0 0 0 0 0 0

Cat 4 Total $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
TOTAL $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
YEAR 2

Cat 1 Total $0 $0 $0 $0 $0 $0 $0 $0 $0 $130,200 $75,600 $83,328 $289,128
2. Twin Bed Rooms ( 26 Rooms ) 0 0 0 0 0 0 0 0 0 484 468 484 1435

Cat 2 Total $0 $0 $0 $0 $0 $0 $0 $0 $0 $72,540 $70,200 $72,540 $215,280
3. Double Bed Rooms ( 19 Rooms ) 0 0 0 0 0 0 0 0 0 353 342 353 1049

Cat 3 Total $0 $0 $0 $0 $0 $0 $0 $0 $0 $42,408 $41,040 $42,408 $125,856
4.Restaurant ( Food & Beverage ) 0 0 0 0 0 0 0 0 0 9300 9000 9300 27600

Cat 4 Total $0 $0 $0 $0 $0 $0 $0 $0 $0 $93,000 $90,000 $93,000 $276,000
TOTAL $0 $0 $0 $0 $0 $0 $0 $0 $0 $295,740 $235,800 $248,868 $780,408
YEAR 3
Cat 1 Total $151,900 $137,200 $151,900 $147,000 $151,900 $147,000 $147,000 $151,900 $147,000 $151,900 $147,000 $151,900 $1,783,600
2. Twin Bed Room ( 26 Rooms ) 564 510 564 546 564 546 546 564 546 564 546 564 6625
Cat 2 Total $84,630 $76,440 $84,630 $81,900 $84,630 $81,900 $81,900 $84,630 $81,900 $84,630 $81,900 $84,630 $993,720
3. Double Bed Rooms ( 19 Rooms ) 412 372 412 399 412 399 399 412 399 412 399 412 4841
Cat 3 Total $49,476 $44,688 $49,476 $47,880 $49,476 $47,880 $47,880 $49,476 $47,880 $49,476 $47,880 $49,476 $580,944
4.Restaurant ( Food & Beverage) 9300 8400 9300 9000 9300 9000 9000 9000 9000 9300 9000 9300 108900
Cat 4 Total $93,000 $84,000 $93,000 $90,000 $93,000 $90,000 $90,000 $90,000 $90,000 $93,000 $90,000 $93,000 $1,089,000
TOTAL $329,530 $297,640 $329,530 $318,900 $329,530 $318,900 $318,900 $326,530 $318,900 $329,530 $318,900 $329,530 $3,866,320
Sales Projections Confidential

Kamala Halal Hotel
Cash Flow - 12 Months Forecast
Beginning Cash Balance $0 $0 $0 $0 $5,000,000 $4,331,250 $4,185,760 $4,071,520 $3,816,655 $3,561,790 $3,166,300 $2,739,560
Cash Inflows
Acct. rec. collections $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Cash & cash equivalent sales 0 0 0 0 0 0 0 0 0 0 0 0 0
Loan proceeds 0 0 0 0 0 0 0 0 0 0 0 0 0
Owners' investment 0 0 0 0 0 0 0 0 0 0 0 0 0
Other: 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Cash Inflows $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Available Cash Balance $0 $0 $0 $0 $5,000,000 $4,331,250 $4,185,760 $4,071,520 $3,816,655 $3,561,790 $3,166,300 $2,739,560
Cash Outflows
Operations
Office rent & utilities $0 $0 $0 $0 $0 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $7,000
Internet connection & hosting 0 0 0 0 0 65 65 65 65 65 65 65 $455
Telephone service 0 0 0 0 0 500 500 500 500 500 500 500 $3,500
Salaries & wages 0 0 0 0 0 15625 15625 15625 15625 15625 15625 15625 $109,375
Purchase 0 0 0 0 0 0 0 0 0 0 0 0 $0
Postage 0 0 0 0 0 100 100 100 100 100 100 100 $700
Office equipments - purchase 0 0 0 0 0 6250 0 0 0 0 0 0 $6,250
Vehicle expenses 0 0 0 0 0 1000 1000 1000 1000 1000 1000 1000 $7,000
Construction - purchase 0 0 0 0 668750 93750 93750 234375 234375 375000 406250 346875 $2,453,125
Equipments - purchase 0 0 0 0 0 25000 0 0 0 0 0 0 $25,000
Maintenance 0 0 0 0 0 320 320 320 320 320 320 320 $2,240
Delivery 0 0 0 0 0 320 320 320 320 320 320 320 $2,240
Other: 0 0 0 0 1560 1560 1560 1560 1560 1560 1560 $10,920
Total Operations $0 $0 $0 $0 $668,750 $145,490 $114,240 $254,865 $254,865 $395,490 $426,740 $367,365 $2,627,805
Finance & Administration

Salaries & wages $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Employee training 0 0 0 0 0 0 0 0 0 0 0 0 $0
Professional fees 0 0 0 0 0 0 0 0 0 0 0 0 $0
Bank charges 0 0 0 0 0 0 0 0 0 0 0 0 $0
Credit card fees 0 0 0 0 0 0 0 0 0 0 0 0 $0
Loan principal payment 0 0 0 0 0 0 0 0 0 0 0 0 $0
Interest 0 0 0 0 0 0 0 0 0 0 0 0 $0
Insurance 0 0 0 0 0 0 0 0 0 0 0 0 $0
Payroll taxes 0 0 0 0 0 0 0 0 0 0 0 0 $0
Permits & licenses 0 0 0 0 0 0 0 0 0 0 0 0 $0
Taxes 0 0 0 0 0 0 0 0 0 0 0 0 $0
Dividend 0 0 0 0 0 0 0 0 0 0 0 0 $0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 $0
Charitable contribution 0 0 0 0 0 0 0 0 0 0 0 0 $0
Other: 0 0 0 0 0 0 0 0 0 0 0 0 $0
Total Finance & Administration $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Sales & Marketing

Professional services $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Advertising 0 0 0 0 0 0 0 0 0 0 0 0 $0
Prospect lists 0 0 0 0 0 0 0 0 0 0 0 0 $0
Traveling 0 0 0 0 0 0 0 0 0 0 0 0 $0
Sales expenses 0 0 0 0 0 0 0 0 0 0 0 0 $0
Salaries & wages 0 0 0 0 0 0 0 0 0 0 0 0 $0
Sales commissions 0 0 0 0 0 0 0 0 0 0 0 0 $0
Other: 0 0 0 0 0 0 0 0 0 0 0 0 $0
Total Sales & Marketing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Cash Outflows $0 $0 $0 $0 $668,750 $145,490 $114,240 $254,865 $254,865 $395,490 $426,740 $367,365 $2,627,805
Net Increase (Decrease) in Cash $0 $0 $0 $0 -$668,750 -$145,490 -$114,240 -$254,865 -$254,865 -$395,490 -$426,740 -$367,365 -$2,627,805
Ending Cash Balance $0 $0 $0 $0 $4,331,250 $4,185,760 $4,071,520 $3,816,655 $3,561,790 $3,166,300 $2,739,560 $2,372,195
Kamala Halal Hotel
Balance Sheet Projection
Fiscal Year End Date
YEAR 1 YEAR 2 YEAR 3
ASSETS
Current Assets
Cash $2,372,195 $390,169 $2,395,599
Short-term investments 0 0 0
Accounts receivable 0 0 0
Less: Reserve for bad debts 0 0 0 0 0 0
Inventories 0 900 3,600
Prepaid expenses 0 0 0
Other: 0 0 0
Total Current Assets $2,372,195 $391,069 $2,399,199
Fixed Assets
Vehicles 37,500 37,500 37,500
Less: Accumulated depreciation 4,375 $33,125 11,875 $25,625 19,375 $18,125
Furniture and fixtures 6,250 6,250 6,250
Less: Accumulated depreciation 729 5,521 1,979 $4,271 3,229 3,021
Equipments 25,000 25,000 25,000
Less: Accumulated depreciation 2,917 22,083 7,917 $17,083 12,917 12,083
Leasehold improvements 0 0 0
Less: Accumulated depreciation 0 0 0 0 0 0
Buildings 2,453,125 5,000,000 5,000,000
Less: Accumulated depreciation 0 2,453,125 62,500 4,937,500 312,500 4,687,500
Land 625,000 625,000 625,000
Long-term investments 0 0 0
Total Fixed Assets $3,138,854 $5,609,479 $5,345,729
Other Assets
Goodwill $0 $0 $0
Total Other Assets $0 $0 $0
TOTAL ASSETS $5,511,049 $6,000,548 $7,744,928
LIABILITIES AND EQUITY
Current Liabilities
Accounts payable $655,500 $643,500 $631,500
Accrued wages 0 0 0
Accrued compensation 0 0 0
Income taxes payable 0 0 0
Payroll taxes payable 0 0 0
Unearned revenues 0 0 0
Short-term notes payable (due within 12 months) 0 0 0
Current portion of long-term dept 0 0 0
Other: 0 0 0
Total Current Liabilities $655,500 $643,500 $631,500
Long-Term Liabilities
Long-term loan payable $0 $544,194 $544,194
Less: Short-term portion 0 0 0
Other: 0 0 0
Total Long-Term Liabilities $0 $544,194 $544,194
Total Liabilities $655,500 $1,187,694 $1,175,694
Stockholders' Equity
Investment capital $5,000,000 $5,000,000 $5,000,000
Accumulated retained earnings 0 -144,451 -187,146
Current net profit (loss) -144,451 -42,695 1,756,380
Less: Dividend 0 0 0
Total Capital $4,855,549 $4,812,854 $6,569,234
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $5,511,049 $6,000,548 $7,744,928
Balance Sheet Confidential

Kamala Halal Hotel
Income Statement
For the Year Ending on: 2016/ 2020
YEAR 1 YEAR 2 YEAR 3

Revenue
Gross sales $0 $780,408 $3,866,320
Less: Sales returns & rebates 0 0 0
Net Sales $0 $780,408 $3,866,320
Cost of Goods Sold

Beginning inventory $0 $0 $900
Purchases 0 90000 360000
Restaurant ( Food & Beverage) 30% 0 0 0
Direct labor 0 0 0
Indirect expenses 0 0 0
$0 $90,000 $360,000
Less: Ending inventory 0 -900 -3,600
Total Cost of Goods Sold $0 $89,100 $357,300
Gross Profit (Loss) $0 $691,308 $3,509,020
Expenses
Operations
Office rent & utilities $7,000 $12,000 $0
Internet connection & hosting 455 780 $0
Telephone service 3500 6000 $0
Salaries & wages 109375 187500 $0
Office supplies 0 0 $0
Postage 700 1200 $0
Office equipments (amortization) 2,917 5000 $5,000
Vehicle expenses 4375 7500 $7,500
Equipments (amortization) 729 1250 $1,250
Building ( amortization ) 0 62,500 $250,000
Maintenance 2240 3840 $0
Delivery expenses 2240 3840 $0
Other: 10920 18720 $0
Total Operations $144,451 $310,130 $263,750

Salaries & wages $0 $93,750 $375,000
Employee training 0 250 0
Professional fees 0 4680 0
Bank charges 0 300 1200
Credit card fees 0 0 0
Insurance 0 5625 22500
Laundry 0 40296 186004
Permits & licenses 0 0 0
Taxes 0 0 0
Electric Fees & Water Supplier 0 54629 270642
Charitable contribution 0 0 0
Other: 0 0 0
Total Finance & Administration $0 $199,530 $855,346
Sales & Marketing

Professional services $0 $37,500 $37,500
Advertising 0 $18,744 $18,744
Prospect lists 0 $6,000 $6,000
Traveling 0 $11,280 $11,280
Sales expenses 0 $11,280 $11,280
Salaries & wages 0 $37,500 $37,500
Sales commissions 0 $94,540 $503,740
Other: 0 $7,500 $7,500
Total Sales & Marketing $0 $224,344 $633,544
Total Expenses $144,451 $734,003 $1,752,640
Operating Income - EBIT -$144,451 -$42,695 $1,756,380

Other Income (Expenses)
Gain (loss) on sale of assets $0 $0 $0
Interest income 0 0 0
Less: Interest expenses 0 0 0
Total Other Income (Expenses) $0 $0 $0
Income (Loss) Before Taxes -$144,451 -$42,695 $1,756,380
Income Tax Expenses (Savings) $0 $0 $0

Net Income (Loss) -$144,451 -$42,695 $1,756,380
Cumulative Net Income (Loss) -$144,451 -$187,146 $1,569,234

Income Statement Confidential
Kamala Halal Hotel
Financial Ratios Projections
Fiscal Year End: 2016 - 2020
Year 1 Year 2 Year 3

Profitability Ratios
Gross profit margin 0.00% 88.58% 90.76%
Operating profit margin 0.00% -5.47% 45.43%
Net profit margin 0.00% -5.47% 45.43%
Liquidity Ratios
Current ratio 3.62 0.61 3.80
Quick ratio 3.62 0.61 3.79
Operating Ratios
Inventory turnover ratio - 99.00 99.25
Sales to receivables ratio - - -
Times interest earned - - -
Return on assets - 0.03 - 0.01 0.29
Return on equity - 0.03 - 0.01 0.36
Solvency Ratios
Debt to worth ratio 0.1350001776 0.246775406 0.1789697246
Working capital $ 1,716,695.00 $ (252,431.00) $ 1,767,699.00
Financial Ratios Confidential

Kamala Hala
Cash Flow - 12 Months F
January February March April
Beginning Cash Balance $2,372,195 $2,007,763 $1,627,706 $1,252,961
Cash Inflows
Acct. rec. collections $0 $0 $0 $0
Cash & cash equivalent sales 0 0 0 0
Loan proceeds 0 0 0 0
Owners' investment 0 0 0 0
Other: 0 0 0 0
Total Cash Inflows $0 $0 $0 $0
Available Cash Balance $2,372,195 $2,007,763 $1,627,706 $1,252,961
Cash Outflows
Operations
Office rent & utilities $1,000 $1,000 $1,000 $1,000
Internet connection & hosting 65 65 65 65
Telephone service 500 500 500 500
Salaries & wages 15625 15625 15625 15625
Purchase ( Food & Beverage ) 0 0 0 0
Postage 100 100 100 100
Office equipments - purchase 0 0 0 0
Vehicle expenses 1000 1000 1000 1000
Construction - purchase 333,125 348750 343438 327812
Equipments - purchase 0 0 0 0
Maintenance 320 320 320 320
Delivery 320 320 320 320
Other: 1560 1560 1560 1560
Total Operations $353,615 $369,240 $363,928 $348,302

Salaries & wages $0 $0 $0 $0
Employee training 0 0 0 0
Professional fees 0 0 0 0
Bank charges 0 0 0 0
Credit card fees 0 0 0 0
Loan principal payment 0 0 0 0
Interest 0 0 0 0
Insurance 0 0 0 0
Luandry 0 0 0 0
Permits & licenses 0 0 0 0
Taxes 0 0 0 0
Electric Fees & Water Supply 0 0 0 0
Investments 0 0 0 0
Charitable contribution 0 0 0 0
Other: 0 0 0 0
Total Finance & Administration $0 $0 $0 $0
Sales & Marketing
Professional services $3,125 $3,125 $3,125 $3,125
Advertising 1562 1562 1562 1562
Prospect lists 500 500 500 500
Traveling 940 940 940 940
Sales expenses 940 940 940 940
Salaries & wages 3125 3125 3125 3125
Sales commissions 0 0 0 0
Other: 625 625 625 625
Total Sales & Marketing $10,817 $10,817 $10,817 $10,817
Total Cash Outflows $364,432 $380,057 $374,745 $359,119
Net Increase (Decrease) in Cash -$364,432 -$380,057 -$374,745 -$359,119
Ending Cash Balance $2,007,763 $1,627,706 $1,252,961 $893,842

Kamala Halal Hotel
h Flow - 12 Months Forecast of Year 2
May June July August September October November
$893,842 $309,097 $438,234 $150,365 $119,058 $87,751 $225,804
$0 $0 $0 $0 $0 $0 $0
0 0 0 0 0 295740 235800
0 0 0 0 0 0 0
0 544194 0 0 0 0 0
0 0 0 0 0 0 0
$0 $544,194 $0 $0 $0 $295,740 $235,800
$893,842 $853,291 $438,234 $150,365 $119,058 $383,491 $461,604
$1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000

65 65 65 65 65 65 65
500 500 500 500 500 500 500
15625 15625 15625 15625 15625 15625 15625
0 0 0 0 0 30000 30000
100 100 100 100 100 100 100
0 0 0 0 0 0 0
1000 1000 1000 1000 1000 1000 1000
553438 383750 256562 0 0 0 0
0 0 0 0 0 0 0
320 320 320 320 320 320 320
320 320 320 320 320 320 320
1560 1560 1560 1560 1560 1560 1560
$573,928 $404,240 $277,052 $20,490 $20,490 $50,490 $50,490
$0 $0 $0 $0 $0 $31,250 $31,250
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 100 100
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 1875 1875
0 0 0 0 0 13432 13432
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 18210 18210
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
$0 $0 $0 $0 $0 $64,867 $64,867
$3,125 $3,125 $3,125 $3,125 $3,125 $3,125 $3,125
1562 1562 1562 1562 1562 1562 1562
500 500 500 500 500 500 500
940 940 940 940 940 940 940
940 940 940 940 940 940 940
3125 3125 3125 3125 3125 3125 3125
0 0 0 0 0 31513 31513
625 625 625 625 625 625 625
$10,817 $10,817 $10,817 $10,817 $10,817 $42,330 $42,330
$584,745 $415,057 $287,869 $31,307 $31,307 $157,687 $157,687
-$584,745 $129,137 -$287,869 -$31,307 -$31,307 $138,053 $78,113
$309,097 $438,234 $150,365 $119,058 $87,751 $225,804 $303,917

December TOTAL
$303,917
$0 $0
248868 780408
0 0
0 544194
0 0
$248,868 $1,324,602
$552,785
$1,000 $12,000
65 $780
500 $6,000
15625 $187,500
30000 90000
100 $1,200
0 $0
1000 $12,000
0 $2,546,875
0 $0
320 $3,840
320 $3,840
1560 $18,720
$50,490 $2,882,755
$31,250 $93,750
250 $250
4680 $4,680
100 $300
0 $0
0 $0
0 $0
1875 $5,625
13432 $40,296
0 $0
0 $0
18209 $54,629
0 $0
0 $0
0 $0
$69,796 $199,530
$3,125 $37,500
1562 $18,744
500 $6,000
940 $11,280
940 $11,280
3125 $37,500
31513 $94,539
625 $7,500
$42,330 $224,343
$162,616 $3,306,628
$86,252 -$1,982,026
$390,169

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Kamala Hal
Cash Flow - 12 Months
Beginning Cash Balance $390,169 $564,626 $707,193 $881,650
Cash Inflows
Other: 0 0 0 0
Total Cash Inflows $329,530 $297,640 $329,530 $318,900
Available Cash Balance $719,699 $862,266 $1,036,723 $1,200,550
Cash Outflows
Operations
Office rent & utilities $0 $0 $0 $0
Salaries & wages 0 0 0 0
Postage 0 0 0 0
Construction - purchase 0 0 0 0
Maintenance 0 0 0 0
Delivery 0 0 0 0
Other: 0 0 0 0

Salaries & wages $31,250 $31,250 $31,250 $31,250
Bank charges 100 100 100 100
Interest 0 0 0 0
Insurance 1875 1875 1875 1875
Luandry 15500 15500 15500 15500
Taxes 0 0 0 0
Investments 0 0 0 0
Other: 0 0 0 0
Total Finance & Administration $71,278 $71,278 $71,278 $71,278
Sales & Marketing
Advertising 1562 1562 1562 1562
Traveling 940 940 940 940
Salaries & wages 3125 3125 3125 3125
Other: 625 625 625 625
Net Increase (Decrease) in Cash $174,457 $142,567 $174,457 $163,827
Ending Cash Balance $564,626 $707,193 $881,650 $1,045,477

Kamala Halal Hotel
sh Flow - 12 Months Forecast of Year 3
$1,045,477 $1,219,934 $1,383,761 $1,547,587 $1,719,043 $1,882,867 $2,057,321
$0 $0 $0 $0 $0 $0 $0
329530 318900 318900 326530 318900 329530 318900
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
$329,530 $318,900 $318,900 $326,530 $318,900 $329,530 $318,900
$1,375,007 $1,538,834 $1,702,661 $1,547,587 $2,037,943 $2,212,397 $2,376,221
$0 $0 $0 $0 $0 $0 $0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
30000 30000 30000 30000 30000 30000 30000
0 0 0 0 0 0 0
0 0 0 0 0 0 0
1000 1000 1000 1000 1000 1000 1000
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
$31,000 $31,000 $31,000 $31,000 $31,000 $31,000 $31,000
$31,250 $31,250 $31,250 $31,250 $31,250 $31,250 $31,250

0 0 0 0 0 0 0
0 0 0 0 0 0 0
100 100 100 100 100 100 100
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
1875 1875 1875 1875 1875 1875 1875
15500 15500 15500 15500 15501 15501 15501
0 0 0 0 0 0 0
0 0 0 0 0 0 0
22553 22553 22554 22554 22554 22554 22554
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
$71,278 $71,278 $71,279 $71,279 $71,280 $71,280 $71,280
$3,125 $3,125 $3,125 $3,125 $3,125 $3,125 $3,125
1562 1562 1562 1562 1562 1562 1562
500 500 500 500 500 500 500
940 940 940 940 940 940 940
940 940 940 940 940 940 940
3125 3125 3125 3125 3125 3125 3125
41978 41978 41978 41978 41979 41979 41979
625 625 625 625 625 625 625
$52,795 $52,795 $52,795 $52,795 $52,796 $52,796 $52,796
$155,073 $155,073 $155,074 $155,074 $155,076 $155,076 $155,076
$174,457 $163,827 $163,826 $171,456 $163,824 $174,454 $163,824
$1,219,934 $1,383,761 $1,547,587 $1,719,043 $1,882,867 $2,057,321 $2,221,145

December TOTAL
$2,221,145
$0 $0
329530 $3,866,320
0 0
0 0
0 0
$329,530 $3,866,320
$2,550,675
$0 $0
0 $0
0 $0
0 $0
30000 $360,000
0 $0
0 $0
1000 $12,000
0 $0
0 $0
0 $0
0 $0
0 $0
$31,000 $372,000
$31,250 $375,000
0 $0
0 $0
100 $1,200
0 $0
0 $0
0 $0
1875 $22,500
15501 $186,004
0 $0
0 $0
22554 $270,642
0 $0
0 $0
0 $0
$71,280 $855,346
$3,125 $37,500
1562 $18,744
500 $6,000
940 $11,280
940 $11,280
3125 $37,500
41979 $503,740
625 $7,500
$52,796 $633,544
$155,076 $1,860,890
$174,454 $2,005,430
$2,395,599

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Cash Flow - 12 Month
Cash Inflows
Other: 0 0 0 0
Cash Outflows
Operations
Postage 0 0 0 0
Maintenance 0 0 0 0
Delivery 0 0 0 0
Miscellaneous 0 0 0 0

Salaries & wages $31,250 $31,250 $31,250 $31,250
Bank charges 100 100 100 100
Interest 0 0 0 0
Insurance 1875 1875 1875 1875
Luandry 17727 17727 17727 17727
Taxes 0 0 0 0
Investments 0 0 0 0
Other: 0 0 0 0
Sales & Marketing
Advertising 1562 1562 1562 1562
Traveling 940 940 940 940
Salaries & wages 3125 3125 3125 3125
Other: 625 625 625 625
Ending Cash Balance $2,593,284 $2,755,809 $2,953,494 $3,139,459

Kamala Halal Hotel
ash Flow - 12 Months Forecast 0f Year 4
$3,139,459 $3,337,144 $3,523,109 $3,709,574 $3,905,259 $4,092,223 $4,290,907
$0 $0 $0 $0 $0 $0 $0
363320 351600 351600 360320 351600 363320 351600
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
$363,320 $351,600 $351,600 $360,320 $351,600 $363,320 $351,600
$3,502,779 $3,688,744 $3,874,709 $3,709,574 $4,256,859 $4,455,543 $4,642,507
$0 $0 $0 $0 $0 $0 $0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
30000 30000 30000 30000 30000 30000 30000
0 0 0 0 0 0 0
0 0 0 0 0 0 0
1000 1000 500 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
$31,000 $31,000 $30,500 $30,000 $30,000 $30,000 $30,000
$31,250 $31,250 $31,250 $31,250 $31,250 $31,250 $31,250

0 0 0 0 0 0 0
0 0 0 0 0 0 0
100 100 100 100 100 100 100
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
1875 1875 1875 1875 1875 1875 1875
17727 17727 17727 17727 17728 17728 17728
0 0 0 0 0 0 0
0 0 0 0 0 0 0
24868 24868 24868 24868 24868 24868 24868
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
$75,820 $75,820 $75,820 $75,820 $75,821 $75,821 $75,821
$3,125 $3,125 $3,125 $3,125 $3,125 $3,125 $3,125
1562 1562 1562 1562 1562 1562 1562
500 500 500 500 500 500 500
940 940 940 940 940 940 940
940 940 940 940 940 940 940
3125 3125 3125 3125 3125 3125 3125
47998 47998 47998 47998 47998 47998 47998
625 625 625 625 625 625 625
$58,815 $58,815 $58,815 $58,815 $58,815 $58,815 $58,815
$165,635 $165,635 $165,135 $164,635 $164,636 $164,636 $164,636
$197,685 $185,965 $186,465 $195,685 $186,964 $198,684 $186,964
$3,337,144 $3,523,109 $3,709,574 $3,905,259 $4,092,223 $4,290,907 $4,477,871

December TOTAL
$4,477,871
$0 $0
363320 $4,263,080
0 0
0 0
0 0
$363,320 $4,263,080
$4,841,191
$0 $0
0 $0
0 $0
0 $0
30000 360000
0 $0
0 $0
0 $6,500
0 $0
0 $0
0 $0
0 $0
0 $0
$30,000 $366,500
$31,250 $375,000
0 $0
0 $0
100 $1,200
0 $0
0 $0
0 $0
1875 $22,500
17728 $212,728
0 $0
0 $0
24868 $298,416
0 $0
0 $0
0 $0
$75,821 $909,844
$3,125 $37,500
1562 $18,744
500 $6,000
940 $11,280
940 $11,280
3125 $37,500
47998 $575,976
625 $7,500
$58,815 $705,780
$164,636 $1,982,124
$198,684 $2,280,956
$4,676,555

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Cash Inflows
Other: 0 0 0 0
Cash Outflows
Operations
Postage 0 0 0 0
Maintenance 0 0 0 0
Delivery 0 0 0 0
Other: 0 0 0 0

Salaries & wages $31,250 $31,250 $31,250 $31,250
Bank charges 100 100 100 100
Interest 0 0 0 0
Insurance 1875 1875 1875 1875
Luandry 19964 19964 19964 19964
Taxes 0 0 0 0
Investments 0 0 0 0
Other: 0 0 0 0
Sales & Marketing
Advertising 1562 1562 1562 1562
Traveling 940 940 940 940
Salaries & wages 3125 3125 3125 3125
Other: 625 625 625 625

Kamala Halal Hotel
$5,512,551 $5,734,360 $5,943,359 $6,158,657 $6,377,465 $6,586,463 $6,808,270
$0 $0 $0 $0 $0 $0 $0
397110 384300 390600 394110 384300 397110 384300
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
$397,110 $384,300 $390,600 $394,110 $384,300 $397,110 $384,300
$5,909,661 $6,118,660 $6,333,959 $6,158,657 $6,761,765 $6,983,573 $7,192,570
$0 $0 $0 $0 $0 $0 $0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
30000 30000 30000 30000 30000 30000 30000
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
$30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000
$31,250 $31,250 $31,250 $31,250 $31,250 $31,250 $31,250

0 0 0 0 0 0 0
0 0 0 0 0 0 0
100 100 100 100 100 100 100
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
1875 1875 1875 1875 1875 1875 1875
19964 19964 19964 19964 19964 19965 19965
0 0 0 0 0 0 0
0 0 0 0 0 0 0
27219 27219 27219 27219 27219 27219 27220
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
$80,408 $80,408 $80,408 $80,408 $80,408 $80,409 $80,410
$3,125 $3,125 $3,125 $3,125 $3,125 $3,125 $3,125
1562 1562 1562 1562 1562 1562 1562
500 500 500 500 500 500 500
940 940 940 940 940 940 940
940 940 940 940 940 940 940
3125 3125 3125 3125 3125 3125 3125
54076 54076 54077 54077 54077 54077 54077
625 625 625 625 625 625 625
$64,893 $64,893 $64,894 $64,894 $64,894 $64,894 $64,894
$175,301 $175,301 $175,302 $175,302 $175,302 $175,303 $175,304
$221,809 $208,999 $215,298 $218,808 $208,998 $221,807 $208,996
$5,734,360 $5,943,359 $6,158,657 $6,377,465 $6,586,463 $6,808,270 $7,017,266

December TOTAL
$7,017,266
$0 $0
397110 4666140
0 0
0 0
0 0
$397,110 $4,666,140
$7,414,376
$0 $0
0 $0
0 $0
0 $0
30000 360000
0 $0
0 $0
0 $0
0 $0
0 $0
0 $0
0 $0
0 $0
$30,000 $360,000
$31,250 $375,000
0 $0
0 $0
100 $1,200
0 $0
0 $0
0 $0
1875 $22,500
19965 $239,571
0 $0
0 $0
27220 $326,630
0 $0
0 $0
0 $0
$80,410 $964,901
$3,125 $37,500
1562 $18,744
500 $6,000
940 $11,280
940 $11,280
3125 $37,500
54077 $648,918
625 $7,500
$64,894 $778,722
$175,304 $2,103,623
$221,806 $2,562,517
$7,239,072

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Cash Inflows
Other: 0 0 0 0
Cash Outflows
Operations
Postage 0 0 0 0
Maintenance 0 0 0 0
Delivery 0 0 0 0
Other: 0 0 0 0

Salaries & wages $31,250 $31,250 $31,250 $31,250
Bank charges 100 100 100 100
Interest 0 0 0 0
Insurance 1875 1875 1875 1875
Luandry 21093 21094 21094 21094
Taxes 0 0 0 0
Investments 0 0 0 0
Land 0 0 0 0
Sales & Marketing
Advertising 1562 1562 1562 1562
Traveling 940 940 940 940
Salaries & wages 3125 3125 3125 3125
Other: 625 625 625 625

Kamala Halal Hotel
$8,119,021 $8,352,363 $8,572,350 $8,802,692 $9,033,034 $9,253,021 $9,486,363
$0 $0 $0 $0 $0 $0 $0
414005 400650 411005 411005 400650 414005 400650
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
$414,005 $400,650 $411,005 $411,005 $400,650 $414,005 $400,650
$8,533,026 $8,753,013 $8,983,355 $8,802,692 $9,433,684 $9,667,026 $9,887,013
$0 $0 $0 $0 $0 $0 $0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
30000 30000 30000 30000 30000 30000 30000
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
$30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000
$31,250 $31,250 $31,250 $31,250 $31,250 $31,250 $31,250

0 0 0 0 0 0 0
0 0 0 0 0 0 0
100 100 100 100 100 100 100
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
1875 1875 1875 1875 1875 1875 1875
21094 21094 21094 21094 21094 21094 21094
0 0 0 0 0 0 0
0 0 0 0 0 0 0
28400 28400 28400 28400 28400 28400 28400
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
$82,719 $82,719 $82,719 $82,719 $82,719 $82,719 $82,719
$3,125 $3,125 $3,125 $3,125 $3,125 $3,125 $3,125
1562 1562 1562 1562 1562 1562 1562
500 500 500 500 500 500 500
940 940 940 940 940 940 940
940 940 940 940 940 940 940
3125 3125 3125 3125 3125 3125 3125
57127 57127 57127 57127 57127 57127 57127
625 625 625 625 625 625 625
$67,944 $67,944 $67,944 $67,944 $67,944 $67,944 $67,944
$180,663 $180,663 $180,663 $180,663 $180,663 $180,663 $180,663
$233,342 $219,987 $230,342 $230,342 $219,987 $233,342 $219,987
$8,352,363 $8,572,350 $8,802,692 $9,033,034 $9,253,021 $9,486,363 $9,706,350

December TOTAL
$9,706,350
$0 $0
414005 4868575
0 0
0 0
0 0
$414,005 $4,868,575
$10,120,355
$0 $0
0 $0
0 $0
0 $0
30000 360000
0 $0
0 $0
0 $0
0 $0
0 $0
0 $0
0 $0
3 $3
$30,003 $360,003
$31,250 $375,000
0 $0
0 $0
100 $1,200
0 $0
0 $0
0 $0
1875 $22,500
21094 $253,127
0 $0
0 $0
28400 $340,800
544194 $544,194
0 $0
625000 $625,000
$1,251,913 $2,161,821
$3,125 $37,500
1562 $18,744
500 $6,000
940 $11,280
940 $11,280
3125 $37,500
57128 $685,525
625 $7,500
$67,945 $815,329
$1,349,861 $3,337,153
-$935,856 $1,531,422
$8,770,494

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Kamala Halal Hotel
FINANCIAL PROJECTIONS
Project Analysis
Net Present Value

Discount rate
Cash from Operating & Investing

Terminal value: 2020 cash flow X
Present value of cash
Project IRR
Valuation of the Firm at time of sale
Year of Exit
Net Income in year of sale
P/E multiple
Market Value of Income stream
Cash on hand
Cash required
Excess cash
Market Value of Equity @ IPO
Analysis of Investor's Return at IPO
Original Investment
Sensitivity Analysis
Variables (Key Drivers)
Volume Change
Price Change
CGS Change
Net Present Value
Discount rate
Cash from Operating & Investing
Terminal value: 2020 cash flow X
investor IRR
20%
2015
$ 2,627,805.00
2
$ -2,627,805.00
$ 16,132,345.27 $ -2,627,805.00
67.1%
2015
2015
6
$96,794,072
8,770,494
877,049
7,893,445 7,893,445
$96,794,072
$5,600,000
Percentage of Ownership Value of Equity @ IPO

20% 19,358,814
25% 24,198,518
30% 29,038,221
35% 33,877,925
40% 38,717,629
45% 43,557,332
50% 48,397,036
55% 53,236,739
60% 58,076,443
65% 62,916,147
Change IRR of the Project (DCF)
0% 67%
0%
0%
20%
2015
$2,627,805
2
-$2,627,805
$4,876,255 -$2,627,805
30%
2016 2017 2018
$ 390,169.00 $ 2,395,599.00 $ 4,676,555.00
$ 390,169.00 $ 2,395,599.00 $ 4,676,555.00
$ 325,140.83 $ 1,663,610.42 $ 2,706,339.70
2016 2017 2018
Years Equity Held

(to IPO) Annualized Return
6 23%
6 28%
6 32%
6 35%
6 38%
6 41%
6 43%
6 46%
6 48%
6 50%
NPV of Project (DCF) Investor's ownership Investor's Value of Equity
$16,132,345
20% 19,358,814
25% 24,198,518
30% 29,038,221
35% 33,877,925
40% 38,717,629
45% 43,557,332
50% 48,397,036
55% 53,236,739
60% 58,076,443
65% 62,916,147
2016 2017 2018

$156,068 $958,240 $1,870,622
$156,068 $958,240 $1,870,622
$130,056 $665,444 $1,082,536

Projected 6 th FY Net Income
2019 2020 Valuation Multiple (P/E Ratio)*
Sub Total
$ 7,239,072.00 $ 8,770,494.00 Adjustment Cash
$ 17,540,988.00 Projected 6th Enterprise Value
$ 7,239,072.00 $ 26,311,482.00
$ 3,491,064.81 $ 10,573,994.50 Used Of Fun

Building & Investment Funds
Working Capital
Total Sale & Marketing Expenses
Total Finance & Administration Expenses
Total Operation Expenses
Land ( Belong to PFF)
2019 2020 Total Used Of Funds
Annualized Return
23%
28%
32%
35%
38%
41%
43%
46%
48%
50%
2019 2020
$2,895,629 3,508,198
7,016,395
$2,895,629
$1,396,426 4,229,598
Exit Strategy
Unit: Dollars
6 th FY Net Income 96,794,072
Multiple (P/E Ratio)* 6
96,794,072
(7,893,445)
6th Enterprise Value 88,900,627
Used Of Funds
Investment Funds $5,000,000
$621,004
& Marketing Expenses $815,329
nce & Administration Expenses $992,628
ation Expenses $255,729
ong to PFF) $625,000
d Of Funds $8,309,690

Financial Projections - 3 Years - 4 (Halal Hotel)

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Kamala Halal Hotel

Sources and Applications of Funds for Startup

TOTAL INVESTMENTS AND LOANS 5,000,000

Startup Expenses (First 3 Months Cash Needs)

Reserve for Contingencies $76,810

Working Capital -$700,000

TOTAL APPLICATIONS OF FUNDS $5,000,000

Sources & Applications of Funds Confidential

Current Assets $ 5,000,000.00

TOTAL ASSETS $5,625,000.0

LIABILITIES AND EQUITY

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $5,625,000

Balance Sheet - Opening Day Confidential

1. Connecting Rooms ( 28 Rooms ) 0 0 0 0 0 0 0 0 0 0 0 0 0

2. Twin Bed Rooms ( 26 Rooms) 0 0 0 0 0 0 0 0 0 0 0 0 0

3.Double Bed Rooms ( 19 Rooms) 0 0 0 0 0 0 0 0 0 0 0 0 0

4.Restaurant ( Food & Beverge ) 0 0 0 0 0 0 0 0 0 0 0 0 0

1. Connecting Rooms ( 28 Rooms ) 0 0 0 0 0 0 0 0 0 521 504 521 1546

2. Twin Bed Rooms ( 26 Rooms ) 0 0 0 0 0 0 0 0 0 484 468 484 1435

3. Double Bed Rooms ( 19 Rooms ) 0 0 0 0 0 0 0 0 0 353 342 353 1049

4.Restaurant ( Food & Beverage ) 0 0 0 0 0 0 0 0 0 9300 9000 9300 27600

Sales Projections Confidential

Finance & Administration

Sales & Marketing

TOTAL ASSETS $5,511,049 $6,000,548 $7,744,928

LIABILITIES AND EQUITY

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $5,511,049 $6,000,548 $7,744,928

Balance Sheet Confidential

YEAR 1 YEAR 2 YEAR 3

Cost of Goods Sold

Finance & Administration

Sales & Marketing

Operating Income - EBIT -$144,451 -$42,695 $1,756,380

Income Tax Expenses (Savings) $0 $0 $0

Cumulative Net Income (Loss) -$144,451 -$187,146 $1,569,234

Year 1 Year 2 Year 3

Financial Ratios Confidential

Finance & Administration

Total Cash Outflows $364,432 $380,057 $374,745 $359,119

Net Increase (Decrease) in Cash -$364,432 -$380,057 -$374,745 -$359,119

Ending Cash Balance $2,007,763 $1,627,706 $1,252,961 $893,842

$1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000

$584,745 $415,057 $287,869 $31,307 $31,307 $157,687 $157,687

-$584,745 $129,137 -$287,869 -$31,307 -$31,307 $138,053 $78,113

$309,097 $438,234 $150,365 $119,058 $87,751 $225,804 $303,917

Finance & Administration

Total Cash Outflows $155,073 $155,073 $155,073 $155,073

Net Increase (Decrease) in Cash $174,457 $142,567 $174,457 $163,827

Ending Cash Balance $564,626 $707,193 $881,650 $1,045,477

$31,250 $31,250 $31,250 $31,250 $31,250 $31,250 $31,250

$155,073 $155,073 $155,074 $155,074 $155,076 $155,076 $155,076

$174,457 $163,827 $163,826 $171,456 $163,824 $174,454 $163,824

$1,219,934 $1,383,761 $1,547,587 $1,719,043 $1,882,867 $2,057,321 $2,221,145

Finance & Administration

Total Cash Outflows $165,635 $165,635 $165,635 $165,635

Net Increase (Decrease) in Cash $197,685 $162,525 $197,685 $185,965

Ending Cash Balance $2,593,284 $2,755,809 $2,953,494 $3,139,459

$31,250 $31,250 $31,250 $31,250 $31,250 $31,250 $31,250