Here's html version of updated (2012) biodiesel financial plan with randomly removed text. You can purchase Excel file with formulas (Product 3) for comprehensive financial planning only for 50$. Spivak.pl.ua
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Start-up Expenses |
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Land to buy |
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Office to buy |
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Renovation expenses |
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$10 000 |
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Assembly operations |
$200 000 |
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Placing into operation |
$53 000 |
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Oil processing equipment (incl. storage and loading) |
$100 000 |
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Seed storage equipment (incl. installation) |
$350 000 |
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Glycerol purification equipment (including installation) |
$0 000 |
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Tanks |
$100 000 |
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Biodiesel production equipment (incl. delivery and installation ) |
$250 000 |
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Utility network |
$000 |
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Advertising/Promotion |
$5 000 |
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Land leasing |
$0 |
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Raw materials (1 quarter of operations) |
$660 000 |
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Salaries |
$353 000 |
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Biodiesel production costs (chemicals, utilities, maintenance for 1
quarter) |
$84 000 |
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Rent |
$0 |
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Total Start-up Expenses |
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Start-up Assets Needed |
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Start-up Inventory |
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Other Current Assets |
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Total Current Assets |
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Long-term Assets |
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Total Assets |
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Total Requirements |
$3 095 000 |
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Sales |
2007 |
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2008 |
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2009 |
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2010 |
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2011 |
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Price per ton |
Sum |
Price per ton |
Sum |
Price per ton |
Sum |
Price per ton |
Sum |
Price per ton |
Sum |
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$2 800 000 |
$700 |
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$2 800 000 |
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$2 800 000 |
$700 |
$ |
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Glycerol |
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$280 000 |
$700 |
$280 000 |
$700 |
$280 000 |
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$280 000 |
$0 |
$280 000 |
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Seeds |
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$0 |
$220 |
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$220 |
$0 |
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$0 |
$220 |
$0 |
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Press cake |
$180 |
$1 440 000 |
$180 |
$1 440 000 |
$180 |
$1 440 000 |
$180 |
$1 440 000 |
$180 |
$1 440 000 |
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Total Sales |
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$4 520 000 |
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$4 520 000 |
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$4 520 000 |
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$4 520 000 |
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$4 520 000 |
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Direct Cost of
Sales |
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2006 |
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2007 |
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2008 |
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2009 |
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2010 |
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$220 |
$2 640 000 |
$220 |
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$220 |
$2 640 000 |
$220 |
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Oil |
$600 |
$0 |
$600 |
$0 |
$600 |
$0 |
$600 |
$0 |
600 |
$0 |
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Subtotal Direct Cost of Sales |
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$2 640 000 |
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$2 640 000 |
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$2 640 000 |
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$2 640 000 |
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$2 640 000 |
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Sales and costs
in tons |
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Biodiesel |
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Glycerol |
$700 |
400 |
$700 |
400 |
$700 |
400 |
$700 |
400 |
$700 |
400 |
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Seeds from own
farm |
$220 |
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$220 |
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$220 |
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$220 |
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$220 |
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Press cake |
$180 |
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$180 |
8 000 |
$180 |
8 000 |
$180 |
8 000 |
$180 |
8 000 |
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Total sales, ton |
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12 400 |
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12 400 |
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12 400 |
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12 400 |
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Procurement of raw
materials |
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0 |
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0 |
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Seeds |
$220 |
12 000 |
$220 |
12 000 |
$220 |
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$220 |
12 000 |
$220 |
12 000 |
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Oil |
$600 |
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$600 |
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$600 |
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$600 |
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$600 |
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Total, raw materials,
ton |
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12 000 |
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12 000 |
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12 000 |
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Personnel Plan |
Daily wage |
2007 |
2008 |
2009 |
2010 |
2011 |
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$100 |
$24 000 |
$24 000 |
$24 000 |
$24 000 |
$24 000 |
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Production and procurement
director |
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$24 000 |
$24 000 |
$24 000 |
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Farm supervisor |
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$24 000 |
$24 000 |
$24 000 |
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Sales manager |
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Controller |
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Chief Technologist |
$80 |
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$19 200 |
$19 200 |
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Secretary |
$56 |
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$13 440 |
$13 440 |
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Operators, production, 5 employees |
$56 |
$67 200 |
$67 200 |
$67 200 |
$67 200 |
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Laboratory technician, 1 employee |
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$13 440 |
$13 440 |
$13 440 |
$13 440 |
$13 440 |
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Farming, 5 employee |
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$67 200 |
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$67 200 |
$67 200 |
$67 200 |
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Drivers, 2 employee |
$56 |
$26 880 |
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$26 880 |
$26 880 |
$26 880 |
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Electrical fitter |
$56 |
$13 440 |
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$13 440 |
$13 440 |
$13 440 |
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Storeman, 2 employee |
$56 |
$26 880 |
$26 880 |
$26 880 |
$26 880 |
$26 880 |
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Total Payroll |
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$353 000 |
$353 000 |
$353 000 |
$353 000 |
$353 000 |
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Production headcount |
|
5 |
5 |
5 |
5 |
5 |
You can purchase Excel file (Product 3) with formulas for comprehensive financial planning only for 50$. Spivak.pl.ua
|
2007 |
2008 |
2009 |
2010 |
2011 |
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Sales |
$4 520 000 |
$4 520 000 |
$4 520 000 |
$4 520 000 |
$4 520 000 |
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Cost of Sales |
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$3 326 000 |
$3 326 000 |
$3 326 000 |
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Gross Margin |
$1 186 000 |
$1 194 000 |
$1 194 000 |
$1 194 000 |
$1 194 000 |
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Gross Margin % |
26.24% |
26.42% |
26.42% |
26.42% |
26.42% |
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Operating Expenses |
$434 667 |
$101 667 |
$101 667 |
$101 667 |
$121 667 |
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Operating Income |
$751 333 |
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$1 092 333 |
$1 072 333 |
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Net Income |
$470 283 |
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$708 983 |
$750 633 |
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Net Income to investor |
$244 639 |
$368 809 |
$368 809 |
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Current Assets |
$3 029 283 |
$3 804 933 |
$4 339 917 |
$5 115 567 |
$5 137 867 |
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Long-term Assets |
$843 333 |
$776 667 |
$710 000 |
$643 333 |
$576 667 |
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Long-term Liabilities |
$795 000 |
$795 000 |
$795 000 |
$795 000 |
$0 |
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Equity |
$3 077 617 |
$3 786 600 |
$4 254 917 |
$4 963 900 |
$5 714 533 |
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ROE |
0.15 |
0.19 |
0.17 |
0.14 |
0.13 |
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ROI |
0.11 |
0.16 |
0.16 |
0.16 |
0.17 |
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Shares offered to investor |
52.02% |
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74.31% |
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Loan financing |
25.69% |
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2007 |
2008 |
2009 |
2010 |
2011 |
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Sales |
$4 520 000 |
$4 520 000 |
$4 520 000 |
$4 520 000 |
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Cost of raw
materials |
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$2 640 000 |
$2 640 000 |
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Farm maintenance (fuel, fertilizer, etc) |
$5 000 |
$5 000 |
$5 000 |
$5 000 |
$5 000 |
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Production Payroll |
$353 000 |
$353 000 |
$353 000 |
$353 000 |
$353 000 |
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Methanol |
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Potassium hydroxide |
$8 000 |
$8 000 |
$8 000 |
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$8 000 |
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Utilities |
$80 000 |
$80 000 |
$80 000 |
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$80 000 |
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$8 000 |
$0 |
$0 |
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$0 |
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Cost of Goods
Sold |
$3 334 000 |
$3 326 000 |
$3 326 000 |
$3 326 000 |
$3 326 000 |
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Gross Margin |
$1 186 000 |
$1 194 000 |
$1 194 000 |
$1 194 000 |
$1 194 000 |
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Gross Margin % |
26.24% |
26.42% |
26.42% |
26.42% |
26.42% |
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Other Expenses: |
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$10 000 |
$0 |
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$0 |
$0 |
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Renovation expenses |
$100 000 |
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$20 000 |
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Assembly operations |
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$10 000 |
$10 000 |
$10 000 |
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Placing into operation |
$53 000 |
$5 000 |
$5 000 |
$5 000 |
$5 000 |
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Advertising/Promotion |
$5 000 |
$20 000 |
$20 000 |
$20 000 |
$20 000 |
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$66 667 |
$66 667 |
$66 667 |
$66 667 |
$66 667 |
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Land leasing |
$0 |
$0 |
$0 |
$0 |
$0 |
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Rent |
$0 |
$0 |
$0 |
$0 |
$0 |
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Total Other expenses |
$434 667 |
$101 667 |
$101 667 |
$101 667 |
$121 667 |
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Profit Before Interest and Taxes |
$751 333 |
$1 092 333 |
$1 092 333 |
$1 092 333 |
$1 072 333 |
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Interest Expense |
$79 500 |
$79 500 |
$79 500 |
$79 500 |
$0 |
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Taxes Incurred |
$201 550 |
$303 850 |
$303 850 |
$303 850 |
$321 700 |
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Other Expense |
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Net Profit |
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$708 983 |
$708 983 |
$750 633 |
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Net Profit/Sales |
15.69% |
15.69% |
15.69% |
16.61% |
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2007 |
2008 |
2009 |
2010 |
2011 |
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Cash from Operations:
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Cash Sales |
$3 164 000 |
$3 164 000 |
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Cash from Receivables |
$1 356 000 |
$1 356 000 |
$1 356 000 |
$1 356 000 |
$1 356 000 |
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Subtotal Cash from Operations |
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$4 520 000 |
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Additional Cash Received |
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$0 |
$0 |
$0 |
$0 |
$0 |
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Loan |
$795 000 |
$0 |
$0 |
$0 |
$0 |
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New Investment Received |
$2 300 000 |
$0 |
$0 |
$0 |
$0 |
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Subtotal Cash Received |
$7 615 000 |
$4 520 000 |
$4 520 000 |
$4 520 000 |
$4 520 000 |
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Expenditures |
2007 |
2008 |
2009 |
2010 |
2010 |
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Expenditures from Operations: |
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$353 000 |
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Payment
of Accounts Payable |
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|
$2 973 000 |
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Subtotal Spent on Operations |
$3 334 000 |
$3 326 000 |
$3 326 000 |
$3 326 000 |
$3 326 000 |
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Additional Cash Spent |
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$321 700 |
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Principal
Repayment (loan) |
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|
$795 000 |
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Design works |
$10 000 |
$0 |
$0 |
$0 |
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Renovation expenses |
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|
$0 |
$0 |
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|
Assembly
operations |
|
|
$10 000 |
$10 000 |
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Placing
into operation |
$53 000 |
$5 000 |
$5 000 |
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|
|
Advertising/Promotion |
$5 000 |
$20 000 |
$20 000 |
$20 000 |
$20 000 |
|
Land leasing |
$0 |
$0 |
$0 |
$0 |
$0 |
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Rent |
$0 |
$0 |
$0 |
$0 |
$0 |
|
Interest
Expense |
$79 500 |
$79 500 |
$79 500 |
$79 500 |
$0 |
|
Purchase
Long-term Assets |
|
|
|
$0 |
$0 |
|
Subtotal Cash Spent |
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|
|
$3 744 350 |
$4 497 700 |
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Net Cash Flow |
$2 788 617 |
$842 317 |
$842 317 |
317 |
$88 967 |
|
Cash Balance |
$2 788 617 |
$3 564 267 |
$4 339 917 |
$5 115 567 |
$5 137 867 |
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Annual Break-even, Tons |
961.34 |
961.34 |
961.34 |
961.34 |
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Assumptions: |
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Average Per Tone
Revenue |
|
|
$1 130.00 |
$1 130.00 |
|
Average Per Tone Variable Cost |
$742.00 |
$742.00 |
$742.00 |
$742.00 |
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Estimated Annual Fixed Cost |
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|
$373 000 |
$373 000 |