BALANCE SHEET   Leave a comment

                               BALANCE SHEET

As shown in the balance sheet, we expect a healthy growth in net worth, from approximately 1,477 in year one to 43,377 by the end of year three.

 

 

             PRO FORMA BALANCE SHEET

Assets
Current Assets 2013 2014 2015
Cash 4,953                                19,750 41,420
Other Current Assets 600 600 600
Total Current Assets 5,553 20,350 42,020
Long-term Assets
Long-term Assets 59,500 59,500 59,500
Accumulated Depreciation 8,146 16,292 24,438
Total Long-term Assets 51,354 43,208 35,062
Total Assets 56,907 63,558 77,082
 
Liabilities and Capital
Current Liabilities      
Accounts Payable 5,512 7,082 7,788
Current Borrowing 0 0 0
Other Current Liabilities 0 0 0
Subtotal Current Liabilities 5,512 7,082 7,788
Long-term Liabilities 49,917 37,917 25,917
Total Liabilities 55,429 44,999 33,705
 
Paid-in Capital 0 0 0
Retained Earnings (1,817) 1,477 18,559
Earnings 3,294 17,081 24,819
Total Capital 1,477 18,559 43,377
Total Liabilities and Capital 56,907 63,558 77,082
Net Worth 1,477 18,559 43,377

Posted December 6, 2012 by sobiakhowaja

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