Consolidated

Particular July August September

Revenue 243,134 279,925 326,758
Salaries (COGS) 151929 168299 153900
Gross Profit 91,205 111,626 172,858
Operating Expenses
General & Admin Expenses 55,496 60,443 46,540
Total 55,496 60,443 46,540
EBITDA 35,709 51,183 126,318
Depreciation 5,050 5,050 5,050
Operating Profit (EBIT) 30,659 46,133 121,268
Income Tax 32,767 7,709 36,498
Net Operating Profit After Tax -2,108 38,425 84,770
(+) Depreciation 5,050 5,050 5,050
(-) Capital Expenses - - -
(-) Changes in WC 1,862 840
NWC -1,924 -3,786 -4,626
Current Assets 16,668 14,599 15,944
Current Liabilities 18,592 18,385 20,570
Free Cash Flow 2,942 41613 88980

Assumptions
Month
Revenue Growth

COGS % of Revenue
Op Exp % of Revenue
Tax % of EBIT
Consolidated Ent-1
October November December Total July August September
379,773 441,721 514,161 2,185,472 56,389 63,268 76,209
215915.31841 251250.77298 292542.83844 1,233,837 16,206 67,012 13,876
163,858 190,470 221,618 951,635 40,183 -3,744 62,333

72,535 83,001 95,056 413,070 8,279 9,236 5,439

72,535 83,001 95,056 413,070 8,279 9,236 5,439
91,323 107,470 126,562 538,565 31,904 -12,980 56,894
5,050 5,050 5,050 30,300 1,000 1,000 1,000
86,273 102,420 121,512 508,265 30,904 -13,980 55,894
18,117 21,508 25,518 142,116 10,165 - 17,444
68,156 80,911 95,995 366,149 20,739 -13,980 38,451
5,050 5,050 5,050 30,300 1,000 1,000 1,000
- - - - - - -
-14,986 -1,884 -2,278 -16,445 3,283 438
10,360 12,244 14,521 26,789 -1,039 -4,322 -4,760
28,788 34,067 40,427 150,494 4,879 2,646 2,573
18,428 21,823 25,906 123,705 5,918 6,968 7,333
88192 87845 103322 412894 21739 -16263 39013

July August September

12.2% 20.5%

28.7% 105.9% 18.2%

14.7% 14.6% 7.1%
32.9% 0.0% 31.2%
 Ent-1 Ent-2
October November December Total July August September October
88,651 103,125 119,962 507,605 72,462 84,100 98,277 114,452
45,172 52,548 61,127 255,941 85,594 51,837 59,319 91,607
43,479 50,578 58,835 251,664 -13,132 32,263 38,958 22,845

10,761 12,518 14,562 60,796 5,360 8,321 6,830 9,248

10,761 12,518 14,562 60,796 5,360 8,321 6,830 9,248
32,718 38,059 44,273 190,868 -18,492 23,942 32,128 13,597
1,000 1,000 1,000 6,000 1,200 1,200 1,200 1,200
31,718 37,059 43,273 184,868 -19,692 22,742 30,928 12,397
6,661 7,782 9,087 51,139 - 7,709 9,894 2,603
25,057 29,277 34,186 133,730 -19,692 15,034 21,034 9,794
1,000 1,000 1,000 6,000 1,200 1,200 1,200 1,200
- - - - - - - -
-4,886 -21 -24 -1,209 -1,179 703 -4,039
126 146 170 -9,679 -110 1,069 366 4,405
6,108 7,106 8,266 31,578 3,941 4,542 4,613 8,585
5,983 6,959 8,096 41,256 4,051 3,473 4,247 4,180
30943 30297 35210 140939 -18492 17413 21531 15033

October November December July August September October

16.3% 16.3% 16.3% 16.1% 16.9% 16.5%

51.0% 51.0% 51.0% 118.1% 61.6% 60.4% 80.0%

12.1% 12.1% 12.1% 7.4% 9.9% 6.9% 8.1%
21.0% 21.0% 21.0% 0.0% 33.9% 32.0% 21.0%
Ent-2 Ent-3
November December Total July August September October November
133,290 155,229 657,810 44,579 59,115 65,146 79,090 96,019
106,685 124,244 519,287 16,942 13,163 49,738 36,018 43,727
26,605 30,984 138,524 27,637 45,952 15,408 43,073 52,292

10,770 12,543 53,072 8,670 6,599 3,304 9,407 11,421

10,770 12,543 53,072 8,670 6,599 3,304 9,407 11,421
15,835 18,441 85,451 18,967 39,353 12,104 33,665 40,871
1,200 1,200 7,200 1,350 1,350 1,350 1,350 1,350
14,635 17,241 78,251 17,617 38,003 10,754 32,315 39,521
3,073 3,621 26,900 22,602 - 9,160 6,786 8,299
11,562 13,621 51,351 -4,985 38,003 1,594 25,529 31,222
1,200 1,200 7,200 1,350 1,350 1,350 1,350 1,350
- - - - - - - -
-985 -1,205 -6,705 522 -565 -3,099 -271
5,390 6,595 17,715 202 -320 245 3,344 3,615
10,505 12,853 45,039 4,213 3,598 4,913 6,625 7,163
5,115 6,258 27,324 4,011 3,918 4,668 3,281 3,548
13746 16025 65256 -3635 38831 3509 29978 32843

November December July August September October November

16.5% 16.5% 32.6% 10.2% 21.4% 21.4%

80.0% 80.0% 38.0% 22.3% 76.3% 45.5% 45.5%

8.1% 8.1% 19.4% 11.2% 5.1% 11.9% 11.9%
21.0% 21.0% 128.3% 0.0% 85.2% 21.0% 21.0%
 Ent-4
December Total July August September October November December
116,572 460,522 69,704 73,442 87,126 97,579 109,286 122,398
53,087 212,675 33,187 36,287 30,967 43,118 48,291 54,085
63,485 247,847 36,517 37,155 56,159 54,461 60,995 68,313

13,866 53,267 33,187 36,287 30,967 43,118 48,291 54,085

13,866 53,267 33,187 36,287 30,967 43,118 48,291 54,085
49,620 194,580 3,330 868 25,192 11,343 12,704 14,228
1,350 8,100 1,500 1,500 1,500 1,500 1,500 1,500
48,270 186,480 1,830 -632 23,692 9,843 11,204 12,728
10,137 56,985 - - - 2,067 2,353 2,673
38,133 129,495 1,830 -632 23,692 7,776 8,851 10,055
1,350 8,100 1,500 1,500 1,500 1,500 1,500 1,500
- - - - - - - -
-293 -3,706 -764 264 -2,962 -607 -756
3,908 10,994 -977 -213 -477 2,485 3,093 3,848
7,744 34,255 3,635 3,813 3,845 7,470 9,294 11,565
3,835 23,261 4,612 4,026 4,322 4,984 6,202 7,717
39776 141302 3330 1632 24928 12238 10958 12311

December July August September October November December

21.4% 5.4% 18.6% 12.0% 12.0% 12.0%

45.5% 47.6% 49.4% 35.5% 44.2% 44.2% 44.2%

11.9% 47.6% 49.4% 35.5% 44.2% 44.2% 44.2%
21.0% 0.0% 0.0% 0.0% 21.0% 21.0% 21.0%
Total
559,535
245,935
313,600

245,935
245,935
67,665
9,000
58,665
7,093
51,573
9,000
-
-4,825
7,759
39,622
31,863
65398
 Ent-1
Particulars July August September
Income
Revenue 56,389 63,268 76,209
Total 56,389 63,268 76,209
Expense
Operating Expenses
Salaries 16,206 67,012 13,876
General & Admin Expenses 8,279 9,236 5,439
Depreciation 1,000 1,000 1,000
Operating Income 30,904 -13,980 55,894
Interest Expense 1,282 1,414 1,073
Interest Income 1,696 1,679 1,178
Income Before Taxes 33,882 -10,887 58,145
Income Tax 10,165 - 17,444
Net Income 23,717 -10,887 40,702
 Ent-2 Ent-3
Total July August September Total July August September Total

195,866 72,462 84,100 98,277 254,839 44,579 59,115 65,146 168,840

195,866 72,462 84,100 98,277 254,839 44,579 59,115 65,146 168,840

97,094 85,594 51,837 59,319 196,750 16,942 13,163 49,738 79,843

22,954 5,360 8,321 6,830 20,511 8,670 6,599 3,304 18,573
3,000 1,200 1,200 1,200 3,600 1,350 1,350 1,350 4,050
72,818 -19,692 22,742 30,928 33,978 17,617 38,003 10,754 66,374
3,769 1,207 1,864 1,019 4,090 1,857 1,065 1,855 4,777
4,553 1,352 1,089 1,033 3,474 1,087 1,443 1,660 4,190
81,140 -17,133 25,695 32,980 41,542 20,561 40,511 14,269 75,341
24,342 - 7,709 9,894 12,463 6,168 12,153 4,281 22,602
56,798 -17,133 17,987 23,086 29,079 14,393 28,358 9,988 52,739
 Ent-4
July August September Total

69,704 73,442 87,126 230,272

69,704 73,442 87,126 230,272

33,187 36,287 30,967 100,441

7,283 6,546 3,419 17,248
1,500 1,500 1,500 4,500
27,734 29,109 51,240 108,083
1,543 1,986 1,308 4,837
1,257 1,801 1,896 4,954
30,534 32,896 54,444 117,874
9,160 9,869 16,333 35,362
21,374 23,027 38,111 82,512
 Ent-1
Particular July August September
Accounts Receivables 1,669 1,535 1,550
Other Current Assets 3,210 1,111 1,023
Current Assets 4,879 2,646 2,573
Accrued Salaries and Benefits 2,994 3,176 3,605
Other Current Liabilities 2,924 3,792 3,728
Current Liabilities 5,918 6,968 7,333

Assumptions
Month July August September
Revenue 56,389 63,268 76,209
Salaries 16,206 67,012 13,876

Days Sales Outstanding (DSO) 10.7 8.7 7.3

Accrued Salaries as a % of Revenue 5.31% 5.02% 4.73%
Other Current Assets as a % of Revenue 5.7% 4.2% 3.4%
Other Current Liabilities as a % of Revenue 5.2% 0.0% 0.0%
Ent-1 Ent-2
October November December July August September October November December
2,193 2,551 2,967 1,736 2,391 2,156 3,118 3,815 4,668
3,916 4,555 5,299 2,205 2,151 2,457 5,467 6,689 8,185
6,108 7,106 8,266 3,941 4,542 4,613 8,585 10,505 12,853
4,450 5,177 6,022 2,004 1,711 2,117 2,931 3,586 4,387
1,532 1,782 2,074 2,047 1,762 2,130 1,250 1,529 1,871
5,983 6,959 8,096 4,051 3,473 4,247 4,180 5,115 6,258

October November December July August September October November December

88,651 103,125 119,962 72,462 84,100 98,277 114,452 133,290 155,229
45,172 52,548 61,127 85,594 51,837 59,319 91,607 106,685 124,244

8.9 8.9 8.9 8.6 10.2 7.9 8.9 8.9 8.9

5.02% 5.02% 5.02% 2.77% 2.03% 2.15% 2.32% 2.32% 2.32%
4.4% 4.4% 4.4% 3.0% 5.4% 4.7% 4.4% 4.4% 4.4%
1.7% 1.7% 1.7% 2.8% 0.0% 0.0% 0.9% 0.9% 0.9%
 Ent-3 Ent-4
July August SeptemberOctober NovemberDecember July August SeptemberOctober
1,726 1,754 2,472 2,335 2,524 2,729 1,892 1,773 1,754 2,835
2,487 1,844 2,441 4,290 4,638 5,014 1,743 2,040 2,091 4,635
4,213 3,598 4,913 6,625 7,163 7,744 3,635 3,813 3,845 7,470
2,160 1,746 2,444 2,504 2,707 2,927 2,470 2,139 2,282 3,609
1,851 2,172 2,224 778 841 909 2,142 1,887 2,040 1,375
4,011 3,918 4,668 3,281 3,548 3,835 4,612 4,026 4,322 4,984

July August SeptemberOctober NovemberDecember July August SeptemberOctober

44,579 59,115 65,146 79,090 96,019 116,572 69,704 73,442 87,126 97,579
16,942 13,163 49,738 36,018 43,727 53,087 33,187 36,287 30,967 43,118

13.9 10.7 13.7 12.8 12.8 12.8 9.8 8.7 7.2 8.6
4.85% 2.95% 3.75% 3.85% 3.85% 3.85% 3.54% 2.91% 2.62% 3.03%
5.6% 6.1% 7.5% 6.4% 6.4% 6.4% 2.5% 5.2% 4.4% 4.0%
4.2% 0.0% 0.0% 1.4% 1.4% 1.4% 3.1% 0.0% 0.0% 1.0%
nt-4
NovemberDecember
3,528 4,389
5,767 7,176
9,294 11,565
4,491 5,588
1,711 2,128
6,202 7,717

NovemberDecember
109,286 122,398
48,291 54,085

8.6 8.6
3.03% 3.03%
4.0% 4.0%
1.0% 1.0%
 Ent-1
Fixed Assets Schedule
Particular July August September October November December
Beginning PP&E 10,000 9,000 8,000 7,000 6,000 5,000
D&A 1,000 1,000 1,000 1000 1000 1000
CapEx 0 0 0
Ending PP&E 9,000 8,000 7,000 6,000 5,000 4,000
 Ent-2 Ent-3

July August SeptemberOctober NovemberDecember July August SeptemberOctober

12,000 10,800 9,600 8,400 7,200 6,000 13,500 12,150 10,800 9,450
1,200 1,200 1,200 1,200 1,200 1,200 1,350 1,350 1,350 1,350
0 0 0 0 0 0 0 0 0
10,800 9,600 8,400 7,200 6,000 4,800 12,150 10,800 9,450 8,100
nt-3 Ent-4

NovemberDecember July August SeptemberOctober NovemberDecember

8,100 6,750 15,000 13,500 12,000 10,500 9,000 7,500
1,350 1,350 1,500 1,500 1,500 1,500 1,500 1,500
0 0 0 0 0 0
6,750 5,400 13,500 12,000 10,500 9,000 7,500 6,000
Sr.No.
1
2
3
Particular
All assumptions are hypothetical and subject to change per the management requirements and due to any compliance
Assuming that Operation has been started from July onwards
Income Tax Rate is 30 % and same has been constant with the each entity
 1,453,025
Entity Month Type Head Amount
Ent-1 August Income Revenue 63268
Ent-2 August Income Revenue 84100
Ent-3 August Income Revenue 59115
Ent-4 August Income Revenue 73442
Ent-1 August Income Interest Income 1679
Ent-2 August Income Interest Income 1089
Ent-3 August Income Interest Income 1443
Ent-4 August Income Interest Income 1801
Ent-1 August Expense Rent
Ent-1 August Expense General & Admin Expenses 9236
Ent-1 August Expense Utilities
Ent-1 August Expense Insurance
Ent-1 August Expense Marketing
Ent-1 August Expense Repair & Maintenance
Ent-1 August Expense Travel
Ent-1 August Expense Salaries 67012
Ent-1 August Expense Interest Expense 1414
Ent-1 August Expense Depreciation 1000
Ent-1 August Expense Legal Expense
Ent-1 August Expense Bank Fee
Ent-1 August Expense Commission
Ent-1 August Expense Computer & Internet Expense
Ent-1 August Expense Dues & Subscription
Ent-1 August Expense Printing & Stationery
Ent-1 August Expense Web Hosting & Domain Fees
Ent-2 August Expense Rent
Ent-2 August Expense General & Admin Expenses 8321
Ent-2 August Expense Utilities
Ent-2 August Expense Insurance
Ent-2 August Expense Marketing
Ent-2 August Expense Repair & Maintenance
Ent-2 August Expense Travel
Ent-2 August Expense Salaries 51837
Ent-2 August Expense Interest Expense 1864
Ent-2 August Expense Depreciation 1200
Ent-2 August Expense Legal Expense
Ent-2 August Expense Bank Fee
Ent-2 August Expense Commission
Ent-2 August Expense Computer & Internet Expense
Ent-2 August Expense Dues & Subscription
Ent-2 August Expense Printing & Stationery
Ent-2 August Expense Web Hosting & Domain Fees
Ent-3 August Expense Rent
Ent-3 August Expense General & Admin Expenses 6599
Ent-3 August Expense Utilities
Ent-3 August Expense Insurance
Ent-3 August Expense Marketing
Ent-3 August Expense Repair & Maintenance
Ent-3 August Expense Travel
Ent-3 August Expense Salaries 13163
Ent-3 August Expense Interest Expense 1065
Ent-3 August Expense Depreciation 1350
Ent-3 August Expense Legal Expense
Ent-3 August Expense Bank Fee
Ent-3 August Expense Commission
Ent-3 August Expense Computer & Internet Expense
Ent-3 August Expense Dues & Subscription
Ent-3 August Expense Printing & Stationery
Ent-3 August Expense Web Hosting & Domain Fees
Ent-4 August Expense Rent
Ent-4 August Expense General & Admin Expenses 6546
Ent-4 August Expense Utilities
Ent-4 August Expense Insurance
Ent-4 August Expense Marketing
Ent-4 August Expense Repair & Maintenance
Ent-4 August Expense Travel
Ent-4 August Expense Salaries 36287
Ent-4 August Expense Interest Expense 1986
Ent-4 August Expense Depreciation 1500
Ent-4 August Expense Legal Expense
Ent-4 August Expense Bank Fee
Ent-4 August Expense Commission
Ent-4 August Expense Computer & Internet Expense
Ent-4 August Expense Dues & Subscription
Ent-4 August Expense Printing & Stationery
Ent-4 August Expense Web Hosting & Domain Fees
Ent-1 July Income Revenue 56389
Ent-2 July Income Revenue 72462
Ent-3 July Income Revenue 44579
Ent-4 July Income Revenue 69704
Ent-1 July Income Interest Income 1696
Ent-2 July Income Interest Income 1352
Ent-3 July Income Interest Income 1087
Ent-4 July Income Interest Income 1257
Ent-1 July Expense Rent
Ent-1 July Expense General & Admin Expenses 8279
Ent-1 July Expense Utilities
Ent-1 July Expense Insurance
Ent-1 July Expense Marketing
Ent-1 July Expense Repair & Maintenance
Ent-1 July Expense Travel
Ent-1 July Expense Salaries 16206
Ent-1 July Expense Interest Expense 1282
Ent-1 July Expense Depreciation 1000
Ent-1 July Expense Legal Expense
Ent-1 July Expense Bank Fee
Ent-1 July Expense Commission
Ent-1 July Expense Computer & Internet Expense
Ent-1 July Expense Dues & Subscription
Ent-1 July Expense Printing & Stationery
Ent-1 July Expense Web Hosting & Domain Fees
Ent-2 July Expense Rent
Ent-2 July Expense General & Admin Expenses 5360
Ent-2 July Expense Utilities
Ent-2 July Expense Insurance
Ent-2 July Expense Marketing
Ent-2 July Expense Repair & Maintenance
Ent-2 July Expense Travel
Ent-2 July Expense Salaries 85594
Ent-2 July Expense Interest Expense 1207
Ent-2 July Expense Depreciation 1200
Ent-2 July Expense Legal Expense
Ent-2 July Expense Bank Fee
Ent-2 July Expense Commission
Ent-2 July Expense Computer & Internet Expense
Ent-2 July Expense Dues & Subscription
Ent-2 July Expense Printing & Stationery
Ent-2 July Expense Web Hosting & Domain Fees
Ent-3 July Expense Rent
Ent-3 July Expense General & Admin Expenses 8670
Ent-3 July Expense Utilities
Ent-3 July Expense Insurance
Ent-3 July Expense Marketing
Ent-3 July Expense Repair & Maintenance
Ent-3 July Expense Travel
Ent-3 July Expense Salaries 16942
Ent-3 July Expense Interest Expense 1857
Ent-3 July Expense Depreciation 1350
Ent-3 July Expense Legal Expense
Ent-3 July Expense Bank Fee
Ent-3 July Expense Commission
Ent-3 July Expense Computer & Internet Expense
Ent-3 July Expense Dues & Subscription
Ent-3 July Expense Printing & Stationery
Ent-3 July Expense Web Hosting & Domain Fees
Ent-4 July Expense Rent
Ent-4 July Expense General & Admin Expenses 7283
Ent-4 July Expense Utilities
Ent-4 July Expense Insurance
Ent-4 July Expense Marketing
Ent-4 July Expense Repair & Maintenance
Ent-4 July Expense Travel
Ent-4 July Expense Salaries 33187
Ent-4 July Expense Interest Expense 1543
Ent-4 July Expense Depreciation 1500
Ent-4 July Expense Legal Expense
Ent-4 July Expense Bank Fee
Ent-4 July Expense Commission
Ent-4 July Expense Computer & Internet Expense
Ent-4 July Expense Dues & Subscription
Ent-4 July Expense Printing & Stationery
Ent-4 July Expense Web Hosting & Domain Fees
Ent-1 September Income Revenue 76209
Ent-2 September Income Revenue 98277
Ent-3 September Income Revenue 65146
Ent-4 September Income Revenue 87126
Ent-1 September Income Interest Income 1178
Ent-2 September Income Interest Income 1033
Ent-3 September Income Interest Income 1660
Ent-4 September Income Interest Income 1896
Ent-1 September Expense Rent
Ent-1 September Expense General & Admin Expenses 5439
Ent-1 September Expense Utilities
Ent-1 September Expense Insurance
Ent-1 September Expense Marketing
Ent-1 September Expense Repair & Maintenance
Ent-1 September Expense Travel
Ent-1 September Expense Salaries 13876
Ent-1 September Expense Interest Expense 1073
Ent-1 September Expense Depreciation 1000
Ent-1 September Expense Legal Expense
Ent-1 September Expense Bank Fee
Ent-1 September Expense Commission
Ent-1 September Expense Computer & Internet Expense
Ent-1 September Expense Dues & Subscription
Ent-1 September Expense Printing & Stationery
Ent-1 September Expense Web Hosting & Domain Fees
Ent-2 September Expense Rent
Ent-2 September Expense General & Admin Expenses 6830
Ent-2 September Expense Utilities
Ent-2 September Expense Insurance
Ent-2 September Expense Marketing
Ent-2 September Expense Repair & Maintenance
Ent-2 September Expense Travel
Ent-2 September Expense Salaries 59319
Ent-2 September Expense Interest Expense 1019
Ent-2 September Expense Depreciation 1200
Ent-2 September Expense Legal Expense
Ent-2 September Expense Bank Fee
Ent-2 September Expense Commission
Ent-2 September Expense Computer & Internet Expense
Ent-2 September Expense Dues & Subscription
Ent-2 September Expense Printing & Stationery
Ent-2 September Expense Web Hosting & Domain Fees
Ent-3 September Expense Rent
Ent-3 September Expense General & Admin Expenses 3304
Ent-3 September Expense Utilities
Ent-3 September Expense Insurance
Ent-3 September Expense Marketing
Ent-3 September Expense Repair & Maintenance
Ent-3 September Expense Travel
Ent-3 September Expense Salaries 49738
Ent-3 September Expense Interest Expense 1855
Ent-3 September Expense Depreciation 1350
Ent-3 September Expense Legal Expense
Ent-3 September Expense Bank Fee
Ent-3 September Expense Commission
Ent-3 September Expense Computer & Internet Expense
Ent-3 September Expense Dues & Subscription
Ent-3 September Expense Printing & Stationery
Ent-3 September Expense Web Hosting & Domain Fees
Ent-4 September Expense Rent
Ent-4 September Expense General & Admin Expenses 3419
Ent-4 September Expense Utilities
Ent-4 September Expense Insurance
Ent-4 September Expense Marketing
Ent-4 September Expense Repair & Maintenance
Ent-4 September Expense Travel
Ent-4 September Expense Salaries 30967
Ent-4 September Expense Interest Expense 1308
Ent-4 September Expense Depreciation 1500
Ent-4 September Expense Legal Expense
Ent-4 September Expense Bank Fee
Ent-4 September Expense Commission
Ent-4 September Expense Computer & Internet Expense
Ent-4 September Expense Dues & Subscription
Ent-4 September Expense Printing & Stationery
Ent-4 September Expense Web Hosting & Domain Fees
Type Income Expense Entity
Income Revenue Rent Ent-1
Expense Interest Income Salaries Ent-2
Utilities Ent-3
Insurance Ent-4
Marketing
COGS
General & Admin Expenses
Travel
Porfessional Fees
Interest Expense
Depreciation
Legal Expense
Bank Fee
Commission
Computer & Internet Expense
Dues & Subscription
Printing & Stationery
Web Hosting & Domain Fees