The document contains financial projections for a proposed steel fabrication business over 10 years. It includes projections for investment costs, production costs, sales revenues, profit and loss, cash flow, and other key financial metrics. Forms are provided to input costs for various line items like factory overhead, selling expenses, production costs, and selling prices. Appendices summarize the overall projections including balance sheets, cash flow statements, profit and loss statements, production schedules, and more. Key assumptions include an annual production increase, escalating costs and selling prices, and financing with 70% debt.

1. MAIN MENU
STEEL FABRICATION
FINANCIAL PROJECTION
Ke SUB MENU
Click di bawah ini:
FORM-A INVESTMENT COST
FORM-B FACTORY OVERHEAD COST
FORM-C SELLING EXPENSES
FORM V-D GENERAL & ADMINISTRATIVE EXPENSES
FORM V-E PRODUTION, RAW MATERIALS COST & SELLING PRICE (Rp/MT)
APPENDIX-0 SUMMARY
APPENDIX-1 PROJECTED BALANCE SHEET
APPENDIX-2 CASH FLOW PROJECTION
APPENDIX-3 PROFIT & LOSS PROJECTION
APPENDIX-3A PROFIT & LOSS PROJECTION (Estimated Taxex with Double Declining Ba
APPENDIX-4 COST OF GOODS SOLD
APPENDIX-5 PRODUCTION, SALES AND COLLECTION SCHEDULE
LAMPIRAN 6 STRUCTURE OF FUNDS
APPENDIX-6A DETAIL OF REPAYMENT SCHEDULE
APPENDIX-7 DRAW DOWN OF PROJECT COST SCHEDULE
APPENDIX-7A INTEREST DURING CONSTRUCTION (IDC)
APPENDIX-8 INVESTMENT AND REINTVESMENT SCHEDULE
APPENDIX-9 DEPRECIATION AND MAINTENANCE SCHEDULE
APPENDIX-9A DEPRECIATION SCHEDULE WITH "double declining balance method" FOR
APPENDIX-10 CASH REQUIREMENT FOR OPERATION
APPENDIX-11 ESTIMATED WORKING CAPITAL NEEDED
APPENDIX-12 FINANCIAL RATIO
APPENDIX-13 INTERNAL RATE OF RETURN
APPENDIX-14 SENSITIVITY ANALYSIS

2. ELLING PRICE (Rp/MT)
Taxex with Double Declining Balance Depreciation Method)
SCHEDULE
declining balance method" FOR INCOME TAX

3. FORM-A
Steel Fabrication Co. ltd.
INVESTMENT COST
NO. DESCRIPTION VOLUME UNIT PRICE
PER-UNIT
BI LAND COST
1 LAND COST 30,000 m2 60.00
2 LAND IMPROVEMENT COST 30,000 m2 2.500
II CONSTRUCTION :
1 BUILDING COST:
FACTORY BUILDINGS COST
FACTORY BUILDING 13,428 M2 150.000
HOIST CRANE (10 TON) 2 UNIT 150,000.000
GARDU LISTRIK 1 LS 50,000.000
PLUMBING & PUMP (ARTHESIS) 2 UNIT 50,000.000
Total A
OFFICE BUILDING
OFFICE BUILDING 500 M2 450.000
GUARD HOUSE 50 M2 300.000
CANTEEN 50 M2 300.000
ROAD 7,500 M2 30.000
FENCE HIGHT 3 M, ROUND : 220 M 15.000
Total B
Total A+B
2 ISBL (INSIDE BATTERY LIMIT)
BARNNERS MACHINERIES 1.00 LS 716,760.000
MOTOR (4150 kW) 1.00 LS 586,440.000
ROLLING CONSTRUCTION 850 T 1.00 LS 5,212,800.000
INST. OF ELECTR. & CONTROL 1.00 LS 586,440.000
3 OSBL (OUTSIDE BATTERY LIMIT)
GENSET (500 kW CADANGAN) 1.00 LS 150,000.000
PLN COST 6,000,000 VA 0.163
4 VEHICLES
PLANT DIRECTOR 1 UNIT 75,000.000
MANAGER'S VEHICLES 3 UNIT 40,000.000
MINIBUS (KIJANG) 2 UNIT 30,000.000
FORKLIFTS 1 UNIT 50,000.000
MOTOR CARS 2 UNIT 4,000.000
5 TOOLS & OFFICE EQUIPMENT
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

4. Rp 000
TOTAL
PRICE 1.00
1,800,000.00 60.00
75,000.00 2.50
2,014,200.00 150.00
300,000.00 150,000.00
50,000.00 50,000
100,000.00 50,000.00
2,464,200.00 850
225,000.00 450.00
15,000.00 300.00
15,000.00 300.00
225,000.00 30.00
3,300.00 15.00
483,300.00
2,947,500.00
716,760.00 716,760.00
586,440.00 586,440.00
5,212,800.00 5,212,800.00
586,440.00 586,440.00
7,102,440.00
150,000.00 150,000
978,000.00 0.163
1,128,000.00
75,000.00 75,000.00
120,000.00 40,000.00
60,000.00 30,000.00
50,000.00 50,000.00
8,000.00 4,000.00
313,000.00 250,346
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

5. Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

6. APPENDIX-7 Main Menu
Steel Fabrication Co. ltd.
DRAW DOWN OF PROJECT COST SCHEDULE Rp 000
AMOUNT YEAR - I YEAR - II
NO DESCRIPTION (%) --------------- --------------- --------------- --------------- --------------- ---------------
Rp Q-1 Q-2 Q-3 Q-4 Q-1 Q-2
A I LAND :
1 LAND COST 1,800,000 11.37% 1,800,000
2 LAND IMPROVEMENT 75,000 0.47% 37,500 37,500
0.00%
II CONSTRUCTION : 0.00%
1 BUILDING COST 2,947,500 18.62% 294,750 884,250 884,250 589,500 294,750
2 ISBL 7,102,440 44.87% 1,420,488 2,485,854 2,485,854 710,244
3 OSBL 1,128,000 7.13% 225,600 394,800 394,800 112,800
4 VEHICLES 313,000 1.98% 78,250 78,250 78,250 78,250
5 TOOLS & OFFICE EQUIPMENT 405,500 2.56% 101,375 101,375 101,375 101,375
TOTAL A 13,771,440 87.01% 1,837,500 332,250 2,709,963 3,944,529 3,649,779 1,297,419
B PRE-OPERATING :
OFFICES EXPENSES 250,000 1.58% 37,500 37,500 50,000 50,000 37,500 37,500
CONSULTAN FEE 100,000 0.63% 15,000 15,000 20,000 20,000 15,000 15,000
DESIGNING FEE 152,040 0.96% 22,806 22,806 30,408 30,408 22,806 22,806
EXPATRIATE (+ 1 MONTH) 136,836 0.86% 20,525 20,525 27,367 27,367 20,525 20,525
TOTAL B 638,876 4.04% 95,831 95,831 127,775 127,775 95,831 95,831
TOTAL BEFORE IDC (A+B) 14,410,316 91.04% 1,933,331 428,081 2,837,738 4,072,304 3,745,610 1,393,250
C OTHERS :
Interest During Construction 1,226,501 7.75% 47,367 61,537 135,520 243,242 346,172 392,663
MANAGEMENT FEE 50,436 0.32% 50,436
COMMITMENT FEE 140,942 0.89% 43,669 42,171 32,239 17,986 4,876 0
TOTAL C 1,417,879 8.96% 141,472 103,709 167,759 261,228 351,048 392,663
GRAND TOTAL 15,828,195 100.00% 2,074,804 531,790 3,005,497 4,333,532 4,096,658 1,785,913
D PORTION OF INVESTMENT :
I BY BANK LOAN
INVESTMENT 10,087,221 70.00% 1,353,332 299,657 1,986,417 2,850,613 2,621,927 975,275
I. D. C. 1,226,501 47,367 61,537 135,520 243,242 346,172 392,663
TOTAL BANK LOAN 11,313,722 1,400,699 361,194 2,121,937 3,093,855 2,968,099 1,367,938
II BY EQUITY :
INVESTMENT 4,323,095 30.00% 579,999 128,424 851,321 1,221,691 1,123,683 417,975
MANAGEMENT FEE 50,436 0.50% 50,436
COMMITMENT FEE 140,942 0.50% 43,669 42,171 32,239 17,986 4,876 0
TOTAL EQUITY 4,514,473 674,105 170,596 883,561 1,239,677 1,128,559 417,975
TOTAL BANK LOAN + EQUITY 15,828,195 2,074,804 531,790 3,005,497 4,333,532 4,096,658 1,785,913
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

7. MARK-UP INVESTMENT 100.00% Main Menu
MARK-UP PRODUCTION 100.00%
MARK-UP PRICE 100.00%
MARK-UP RAW MATERIAL 100.00%
MARK UP SALES QUATITY 100.00%
NAME OF PROJECT Steel Fabrication Co. ltd.
COMPUTER FILE NAME Steel
START YEAR YEAR 0 YEAR 1 YEAR 2
MARK-UP REINVESTMENT COST 10.00% 100.00% 110.00%
MARK-UP/DOWN SALES PRICE 5.00% 100.00% 105.00%
MARK-UP/DOWN RAW MATERIALS COST 5.00% 100.00% 105.00%
MARK-UP COST :
- FACTORY OVERHEAD 10.00% 100.00% 110.00%
- SELLING EXPENSES 10.00% 100.00% 110.00%
- GENERAL ADM. EXPENSES 10.00% 100.00% 110.00%
- LABOUR COST 15.00% 100.00% 115.00%
PRODUCTION SCHEDULE (MT/YEAR) 80.00% 90.00%
PORTION OF LOAN : INTEREST
INVESTMENT 70.00% INVESTMENT : 14.00%
WORKING CAPITAL 0.00% WORKING CAPITAL : 16.00%
INVENTORIES :
RAW MATERIALS :
FIRST OF THE YEAR MTH
END OF THE YEAR 1.00 MTH 8.33%
GOODS IN PROCESS :
FIRST OF THE YEAR MTH
END OF THE YEAR 0.03 MTH 0.25%
FINISHED GOODS :
FIRST OF THE YEAR MTH 0.00%
END OF THE YEAR 0.50 MTH 4.17%
CASH REQUIREMENT 3.00 MTH 25.00%
ACCOUNTS PAYABLE PORTION A/P ACCOUNTS RECEIVABLE :
IMPORT 0.0 MTH 0.00% 0.00% EXPORT 0.00
LOCAL 2.0 MTH 100.00% 16.67% LOCAL 2.00
YEAR 0 YEAR 1 YEAR 2
MARK-UP PRICE (Rp 000/MT) :
FERROS :
- LOCAL MARKET 800 800 840
- EXPORT MARKET 0 0 0
RAW MATERIALS COST (Rp 000/MT)
FERROS : 625 625 656
PRODUCTION SCHEDULE (MT/YEAR) 60,000 48,000 54,000
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

8. PRODUCTION EFFICIENCY
MARKET PORTION (%):
LOCAL MARKET 100.00% 100.00%
EXPORT MARKET 0.00% 0.00%
MARKET PORTION (MT/YEAR):
- LOCAL MARKET 48,000 54,000
- EXPORT MARKET 0 0
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

9. Rp 000
YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
121.00% 133.10% 146.41% 161.05% 177.16% 194.87% 214.36% 235.79%
110.25% 115.76% 121.55% 127.63% 134.01% 140.71% 147.75% 155.13%
110.25% 115.76% 121.55% 127.63% 134.01% 140.71% 147.75% 155.13%
121.00% 133.10% 146.41% 161.05% 177.16% 194.87% 214.36% 235.79%
121.00% 133.10% 146.41% 161.05% 177.16% 194.87% 214.36% 235.79%
121.00% 133.10% 146.41% 161.05% 177.16% 194.87% 214.36% 235.79%
132.25% 152.09% 174.90% 201.14% 231.31% 266.00% 305.90% 351.79%
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
IN Rp 000 1,000
CEIVABLE :
MTH 0.00%
MTH 16.67%
YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
882 926 972 1,021 1,072 1,126 1,182 1,241
0 0 0 0 0 0 0 0
689 724 760 798 838 879 923 970
60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

10. 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000
0 0 0 0 0 0 0 0
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

11. APPENDIX-3
Steel Fabrication Co. ltd.
PROFIT & LOSS PROJECTION Rp 000
ITEMS (%) YEAR 0 YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
SALES :
SALES OF PRODUCTS 100.00% 34,400,000 42,415,800 49,511,070 52,232,040 54,843,642 57,585,824 60,465,115 63,488,371 66,662,790 69,995,929
COST OF GOODS SOLD 87.46% 30,483,900 37,106,118 43,099,376 45,445,850 47,752,665 50,264,394 52,840,186 55,555,816 58,423,844 61,454,122
GROSS PROFIT 12.54% 3,916,100 5,309,682 6,411,694 6,786,190 7,090,977 7,321,430 7,624,929 7,932,555 8,238,945 8,541,808
GEN & ADM. EXPENSE 1.84% 553,074 623,361 702,925 793,028 895,114 1,010,825 1,142,038 1,290,891 1,459,827 1,651,634
GEN & ADM. DEPRECIATION 0.17% 71,850 71,850 71,850 71,850 71,850 115,715 115,715 115,715 115,715 115,715
AMORTIZATION 0.37% 411,351 411,351 411,351 411,351 411,351 0 0 0 0 0
OPERATING INCOME 10.16% 2,879,825 4,203,120 5,225,569 5,509,961 5,712,663 6,194,890 6,367,176 6,525,948 6,663,403 6,774,458
INTEREST EXPENSE :
- LONG TERM LOAN 0.91% 1,552,253 1,321,837 1,040,986 736,267 363,614 0 0 0 0 0
- SHORT TERM LOAN 0.75% 714,721 877,545 876,073 716,073 556,073 396,073 0 0 0 0
EARNING BEFORE TAX 8.50% 612,851 2,003,738 3,308,510 4,057,621 4,792,976 5,798,817 6,367,176 6,525,948 6,663,403 6,774,458
INCOME TAX 3.01% 0 0 1,090,748 1,522,547 1,885,335 1,995,622 2,348,783 2,493,454 2,595,102 2,667,481
NET PROFIT/LOSS 5.49% 612,851 2,003,738 2,217,762 2,535,074 2,907,641 3,803,195 4,018,393 4,032,494 4,068,301 4,106,977
DIVIDEND 0.00% 0 0 0 0 0 0 0 0 0 0
RETAINED EARNINGS 24.75% 612,851 2,616,590 4,834,351 7,369,425 10,277,066 14,080,261 18,098,654 22,131,148 26,199,450 30,306,427
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

12. APPENDIX-6A Main Menu
Steel Fabrication Co. ltd.
DETAIL OF REPAYMENT SCHEDULE
INTEREST BEGINNING Repayment Repayment
360 DATE 14.00% BALANCE
90 30-MAR-96 395,980 11,313,722 0
91 30-JUN-96 400,380 11,313,722 750,000
92 30-SEP-96 377,946 10,563,722 0
92 30-DEC-96 377,946 1,552,253 10,563,722 750,000 1,500,000
90 30-MAR-97 343,480 9,813,722 0
92 30-JUN-97 351,113 9,813,722 1,000,000
92 30-SEP-97 315,335 8,813,722 0
91 30-DEC-97 311,908 1,321,837 8,813,722 1,000,000 2,000,000
91 30-MAR-98 276,519 7,813,722 0
92 30-JUN-98 279,558 7,813,722 1,000,000
92 30-SEP-98 243,780 6,813,722 0
91 30-DEC-98 241,130 1,040,986 6,813,722 1,000,000 2,000,000
90 30-MAR-99 203,480 5,813,722 0
92 30-JUN-99 208,002 5,813,722 1,250,000
92 30-SEP-99 163,280 4,563,722 0
91 30-DEC-99 161,505 736,267 4,563,722 1,250,000 2,500,000
90 30-MAR-00 115,980 3,313,722 0
92 30-JUN-00 118,558 3,313,722 1,500,000
92 30-SEP-00 64,891 1,813,722 0
91 30-DEC-00 64,186 363,614 1,813,722 1,813,722 3,313,722
90 30-MAR-01 0 0 0
92 30-JUN-01 0 0 0
92 30-SEP-01 0 0 0
91 30-DEC-01 0 0 0 0 0
91 30-MAR-02 0 0 0
92 30-JUN-02 0 0 0
92 30-SEP-02 0 0 0
91 30-DEC-02 0 0 0 0 0
90 30-MAR-03 0 0 0
92 30-JUN-03 0 0 0
92 30-SEP-03 0 0 0
91 30-DEC-03 0 0 0 0 0
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

13. ENDING
BALANCE
11,313,722
10,563,722
10,563,722
9,813,722
9,813,722
8,813,722
8,813,722
7,813,722
7,813,722
6,813,722
6,813,722
5,813,722
5,813,722
4,563,722
4,563,722
3,313,722
3,313,722
1,813,722
1,813,722
0
0
0
0
0
0
0
0
0
0
0
0
0
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

14. Main Menu
APPENDIX-7A
Steel Fabrication Co. ltd.
INTEREST DURING CONSTRUCTION (IDC)
Cash Total Accumulation Interest
PERIOD Withdrawl Loan Balance Loan Rate
70.00% 14.00%
10,087,221
YEAR-I Q-1 1,933,331 1,353,332 8,733,889 1,353,332 47,367
Q-2 428,081 299,657 8,434,232 1,652,989 57,855
Q-3 2,837,738 1,986,417 6,447,816 3,639,406 127,379
Q-4 4,072,304 2,850,613 3,597,203 6,490,019 227,151
YEAR-II Q-1 3,745,610 2,621,927 975,275 9,111,946 318,918
Q-2 1,393,250 975,275 0 10,087,221 353,053
Q-3
Q-4
YEAR-III Q-1
Q-2
14,410,316 10,087,221 32,334,912 1,131,722
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

15. Accumulation Interest
Interest from IDC
Interest 12.16%
47,367 47,367
105,221 3,683 61,537
232,600 8,141 135,520
459,751 16,091 243,242
778,669 27,253 346,172
1,131,722 39,610 392,663
2,755,330 94,779 1,226,501
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

16. APPENDIX-9A Main Menu
Steel Fabrication Co. ltd.
DEPRECIATION SCHEDULE WITH "double declining balance method" FOR INCOME TAX
Live Time
DESCRIPTION METHOD RATE (YEARS)
DEPRECIATION :
CLASS 1 REDUCING VALUE 100% WITHIN 4
CLASS 2 REDUCING VALUE 50% WITHIN 4
CLASS 3 REDUCING VALUE 25% WITHIN 4-8
CLASS 4 REDUCING VALUE 10% WITHIN
BULIDINGS STRAIGH LINE 5% -
AMORTIZATION REDUCING VALUE 50% 4
ITEMS YEAR 0 YEAR 1 YEAR 2
SALVAGE
FACTORY DEPRECIATION:
LAND IMPROVEMENT 4,224 18,750 14,063
BUILDINGS COST 1,473,750 147,375 147,375
I. S. B. L. 399,963 1,775,610 1,331,708
O. S. B. L. 1,102 564,000 282,000
VEHICLES 16,058 156,500 78,250
TOOLS & OFFICE EQUIPMENT 20,804 202,750 101,375
TOTAL 1,308 0 2,864,985 1,954,770
AMORT. FOR EXPANSION & DEFER. CH.
PREOPERATING EXPENSES 35,977 159,719 119,789
I D C + MGT & COMT FEE 79,846 354,470 265,852
TOTAL 115,823 0 514,189 385,642
TOTAL DEPRECIATION & AMORTIZATION 0 3,379,174 2,340,412
Part of Book "A to Z Entrepreneur in Parctice" Writer: Harmaizar Zaharuddin

17. COME TAX Rp 000
OSBL, VEHICLE, F&F
ISBL
YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
10,547 7,910 5,933 4,449 3,337 2,503 1,877 1,408
147,375 147,375 147,375 147,375 147,375 147,375 147,375 147,375
998,781 749,085 561,814 421,361 316,020 237,015 177,761 133,321
141,000 70,500 35,250 17,625 8,813 4,406 2,203 1,102
39,125 19,563 9,781 256,935 128,468 64,234 32,117 16,058
50,688 25,344 12,672 332,867 166,433 83,217 41,608 20,804
1,387,515 1,019,777 772,825 1,180,612 770,446 538,750 402,942 320,068
89,842 67,381 50,536 37,902 28,427 21,320 15,990 11,992
199,389 149,542 112,156 84,117 63,088 47,316 35,487 26,615
289,231 216,923 162,693 122,019 91,515 68,636 51,477 38,608
1,676,746 1,236,700 935,517 1,302,632 861,961 607,386 454,419 358,676
Part of Book "A to Z Entrepreneur in Parctice" Writer: Harmaizar Zaharuddin

18. ATTENTION!
Income tax (Pajak Penghasilan) dihitung berdasarkan kondisi lapangan yang sebenarnya, dalam penyajia
laporan keuangan dibuat 2 laporan Laba - Rugi, yaitu:
- APPENDIX-3, untuk para pemegang saham, yang menggambarkan tahun pertama dan seterusnya lebih
- APPENDIX-3A, untuk laporan pajak, yang menggambarkan tahun ke-1 rugi, dan selanjutnya keuntunga
Perbedaannya pada perhitungan DEPRECIATION & AMORTIZATION
Main Menu
APPENDIX-3A
Steel Fabrication Co. ltd.
PROFIT & LOSS PROJECTION (Estimated Taxex with Double Declining Balance Depreciation Method)
ITEMS YEAR 0 YEAR 1 YEAR 2
EARNING BEFORE TAX 0 612,851 2,003,738
DEPRECIATION WITH "STRAIGH LINE METHOD :
FACTORY DEPRECIATION 0 1,046,019 1,046,019
GEN. & ADM DEPRECIATION 0 71,850 71,850
AMORTIZATION 0 411,351 411,351
--------------- ----------------- -------------------
0 2,142,071 3,532,958
DEPRECIATION "DOUBLE DECLINING BALANCE" :
TOTAL DEPRE. & AMORTIZATION (3,379,174) (2,340,412)
--------------- ----------------- -------------------
EARNING BEFORE TAX (1,237,102) 1,192,547
INCOME TAXES 0 0
--------------- ----------------- -------------------
NET PROFIT 0 (1,237,102) 1,192,547
RETAINED EARNING 0 (1,237,102) (44,556)
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

19. narnya, dalam penyajian
ma dan seterusnya lebih menguntungkan
selanjutnya keuntungan lebih kecil
Depreciation Method) Rp 000
YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9
3,308,510 4,057,621 4,792,976 5,798,817 6,367,176 6,525,948 6,663,403
1,046,019 1,046,019 1,046,019 1,089,884 1,089,884 1,089,884 1,089,884
71,850 71,850 71,850 115,715 115,715 115,715 115,715
411,351 411,351 411,351 0 0 0 0
------------------ ------------------ ----------------- ----------------- ------------------ ------------------ -------------------
4,837,730 5,586,841 6,322,196 7,004,416 7,572,776 7,731,548 7,869,002
(1,676,746) (1,236,700) (935,517) (1,302,632) (861,961) (607,386) (454,419)
------------------ ------------------ ----------------- ----------------- ------------------ ------------------ -------------------
3,160,983 4,350,141 5,386,678 5,701,785 6,710,815 7,124,162 7,414,583
1,090,748 1,522,547 1,885,335 1,995,622 2,348,783 2,493,454 2,595,102
------------------ ------------------ ----------------- ----------------- ------------------ ------------------ -------------------
2,070,235 2,827,594 3,501,343 3,706,163 4,362,032 4,630,708 4,819,481
2,025,680 4,853,273 8,354,617 12,060,779 16,422,811 21,053,519 25,873,000
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

20. YEAR 10
6,774,458
1,089,884
115,715
0
------------------
7,980,057
(358,676)
------------------
7,621,382
2,667,481
------------------
4,953,901
30,826,901
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

21. APPENDIX-13 Main Menu
Steel Fabrication Co. ltd.
INTERNAL RATE OF RETURN
ITEMS YEAR 0 YEAR 1 YEAR 2 YEAR 3
IRR ON EBIT (NET PROFIT)
INVESTMENT (EQUITY + L/T LOAN) (15,828,195) 0 0 0
WORKING CAP. (EQUITY + S/T LOAN) (4,467,005) (1,517,650) (990,799)
NET PROFIT 612,851 2,003,738 2,217,762
DEPRECIATION & AMORTIZATION 1,457,370 1,457,370 1,457,370
INTEREST EXPENSE 2,266,974 2,199,381 1,917,059
INCOME TAX 0 0 1,090,748
SALVAGE VALUE
TOTAL IRR -194.05% (15,828,195) (129,809) 4,142,839 5,692,139
-- --------------- --------------- --------- ---------------
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

22. YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10
0 0 0 0 0 0 0
0 0 0 0 0 0 0
2,535,074 2,907,641 3,803,195 4,018,393 4,032,494 4,068,301 4,106,977
1,457,370 1,457,370 1,089,884 1,089,884 1,089,884 1,089,884 1,089,884
1,452,340 919,687 396,073 0 0 0 0
1,522,547 1,885,335 1,995,622 2,348,783 2,493,454 2,595,102 2,667,481
3,311,250
6,967,331 7,170,033 7,284,774 7,457,060 7,615,833 7,753,287 11,175,592
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

23. APPENDIX-14 Main Menu
Steel Fabrication Co. ltd.
SENSITIVITY ANALYSIS
Sales IRR -194.05% Raw Material IRR -194.05% Production IRR
Price Cost Cost
-5.00% -5.93% -5.00% 49.16% -5.00% 29.52%
-4.00% 2.86% -4.00% 45.58% -4.00% 29.32%
-3.00% 10.08% -3.00% 41.89% -3.00% 29.11%
-2.00% 16.27% -2.00% 36.47% -2.00% 28.90%
-1.00% 21.85% -1.00% 32.56% -1.00% 27.93%
0.00% 27.71% 0.00% 27.71% 0.00% 27.71%
1.00% 33.31% 1.00% 22.60% 1.00% 27.50%
2.00% 39.66% 2.00% 17.95% 2.00% 27.28%
3.00% 44.28% 3.00% 12.52% 3.00% 27.05%
4.00% 48.82% 4.00% 6.52% 4.00% 26.83%
5.00% 53.31% 5.00% -0.37% 5.00% 26.61%
6.00% 57.75% 6.00% -9.34% 6.00% 26.37%
7.00% 62.16% 7.00% -24.12% 7.00% 26.14%
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

24. Sales
-194.05% Quanitity IRR -194.05% Investment IRR -194.05%
(MTPA) Cost
70.00% 14.35% -5.00% 29.11%
72.50% 15.69% -4.00% 28.83%
75.00% 16.84% -3.00% 28.54%
77.50% 17.95% -2.00% 28.26%
80.00% 19.05% -1.00% 27.98%
82.50% 20.11% 0.00% 27.71%
85.00% 21.15% 1.00% 27.45%
87.50% 22.31% 2.00% 27.18%
90.00% 23.58% 3.00% 26.92%
92.50% 24.74% 4.00% 26.67%
95.00% 25.85% 5.00% 26.41%
97.50% 26.79% 6.00% 26.16%
100.00% 27.71% 7.00% 25.91%
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

25. APPENDIX-0 Main Menu
Steel Fabrication Co. ltd.
SUMMARY
INVESTMENT COST : SALES PRICE :
BANK LOAN : FERROS :
- INVESTMENT Rp 10,087,221 - LOCAL MARKET
- I. D. C. Rp 1,226,501 RAW MATERIAL :
EQUITY : FERROS
- INVESTMENT Rp 4,323,095 NORMAL CAPACITY :
- MANAGEMENT FEE Rp 50,436 FERROS
- COMMITMENT FEE Rp 140,942 PRODUCTION EFFICIENCY 0,94%
TOTAL INVESTMENT Rp 15,828,195
PORTION OF FUNDS : INTEREST RATE :
BANK LOAN 70.00% INVESTMENT 14.00%
EQUITY 30.00% WORKING CAPITAL 16.00%
WORKING CAPITAL TURNOVER : ACCOUNTS RECEIVABLE :
RAW MATERIALS 1.00 MONTH EXPORT 0 MONTH
GOODS IN PROCESS 0.03 MONTH LOCAL 2 MONTH
FINISHED GOODS 0.50 MONTH
CASH REQUIREMENT 3.00 MONTH
RATIOS : YEAR 0 YEAR 1 YEAR 2
GROSS PROFIT (% TO SALES) 11.38% 12.52%
NET OPERATING INCOME (% TO SALES) 8.37% 9.91%
NET INCOME AFTER TAX (% TO SALES) 1.78% 4.72%
-- ---- ----- ----- --------- --------------- ----------- ----------------- ------------------ ------------------- -------------------
MATERIALS COST TO SALES 78.13% 78.13%
ASSETS TURNOVER (SALES ON ASSETS) 141.42% 167.05%
R.O.I. (EBIT ON ASSETS) 11.84% 16.55%
R.O.E. (EFIT ON EQUITY) 11.95% 28.10%
PAYBACK PERIOD (YEAR) (15,828,195) (11,419,149) (5,686,810)
IRR -194.05%
CURRENT ASSETS ON TOTAL ASSETS 41.22% 49.71%
LIQUIDITY 106.84% 120.82%
EQUITY ON ASSETS 21.08% 28.09%
DEBT TO EQUITY 374.41% 256.05%
DEBT TO TOTAL ASSETS 71.48% 78.92% 71.91%
TOTAL CAPITALIZATION 71.48% 65.68% 52.28%
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

26. Rp 000
MARK-UP COST :
REINVESTMENT COST 10.00%
800,000 Rp/MT SALES PRICE 5.00%
RAW MATERIALS COST 5.00%
625,000 Rp/MT OTHER COSTS :
- FACTORY OVERHEAD 10.00%
60,000 MTPA - SELLING EXPENSES 10.00%
ENCY 0,94% ON 56,400 MTPA - GENERAL ADM. EXPENSES 10.00%
- LABOUR COST 15.00%
ACCOUNTS PAYABLE :
IMPORT 0 MONTH
LOCAL 2 MONTH
YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9
12.95% 12.99% 12.93% 12.71% 12.61% 12.49% 12.36%
10.55% 10.55% 10.42% 10.76% 10.53% 10.28% 10.00%
4.48% 4.85% 5.30% 6.60% 6.65% 6.35% 6.10%
--------------- --------------- ----------------- ------------------ ------------------ ------------------ -------------------
78.13% 78.13% 78.13% 78.13% 78.13% 78.13% 78.13%
186.23% 201.60% 220.58% 216.72% 195.12% 179.14% 166.87%
19.66% 21.27% 22.98% 23.31% 20.55% 18.41% 16.68%
23.72% 21.33% 19.66% 20.45% 17.77% 15.13% 13.25%
(22,769) 5,493,865 10,850,412 15,098,128 20,322,121 25,560,214 30,834,115
57.72% 62.52% 67.09% 69.39% 77.64% 83.85% 88.69%
134.33% 151.22% 165.62% 231.14% 287.27% 337.92% 383.70%
35.16% 45.87% 59.49% 69.98% 72.97% 75.19% 76.88%
184.38% 118.01% 68.10% 42.90% 37.04% 33.00% 30.06%
64.84% 54.13% 40.51% 30.02% 27.03% 24.81% 23.12%
38.34% 21.80% 0.00% 0.00% 0.00% 0.00% 0.00%
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin

27. YEAR 10
12.20%
9.68%
5.87%
-------------------
78.13%
157.24%
15.22%
11.79%
36,146,691
92.56%
424.98%
78.22%
27.84%
21.78%
0.00%
Part of Book "A to Z Entrepreneur in Practice" Writer: Harmaizar Zaharuddin