| JACK UP BADGE | |||||||
| PROFIT FORECAST | |||||||
| Years | 1 | 2 | 3 | 4 | 5 | 6 | |
| $ | $ | $ | $ | $ | $ | ||
| Rental Income | 1,500,000.00 | 9,000,000.00 | 9,000,000.00 | 9,000,000.00 | 9,000,000.00 | 9,000,000.00 | |
| EXPENSES | |||||||
| Insurance | 51,600.00 | 77,400.00 | 77,400.00 | 77,400.00 | 77,400.00 | 77,400.00 | |
| Administration | 840,000.00 | 1,280,000.00 | 1,300,000.00 | 1,300,000.00 | 1,300,000.00 | 1,300,000.00 | |
| Travelling/ Postages | 40,500.00 | 69,000.00 | 69,000.00 | 69,000.00 | 69,000.00 | 69,000.00 | |
| Overhead | 200,000.00 | 480,000.00 | 480,000.00 | 480,000.00 | 480,000.00 | 480,000.00 | |
| Depreciation | 171,220.00 | 171,220.00 | 171,220.00 | 171,220.00 | 171,220.00 | 171,220.00 | |
| Manager / Operator Fee | 75,000.00 | 450,000.00 | 450,000.00 | 450,000.00 | 450,000.00 | 450,000.00 | |
| TOTAL OPERATING EXPENSES | 1,378,320.00 | 2,527,620.00 | 2,547,620.00 | 2,547,620.00 | 2,547,620.00 | 2,547,620.00 | |
| EARNINGS BEFORE INTEREST AND TAX | 121,680.00 | 6,472,380.00 | 6,452,380.00 | 6,452,380.00 | 6,452,380.00 | 6,452,380.00 | |
| Interest Expense | 243,544.00 | 1,070,504.00 | 318,827.00 | - | - | - | |
| PROFIT BEFORE TAX | - 121,864.00 | 5,401,876.00 | 6,133,553.00 | 6,452,380.00 | 6,452,380.00 | 6,452,380.00 | |
| Provision for Tax | - | - | - | - | - | - | |
| PROFIT AFTER TAX | - 121,864.00 | 5,401,876.00 | 6,133,553.00 | 6,452,380.00 | 6,452,380.00 | 6,452,380.00 | |
| Return On Investment(%) | - 2.01 | 89.28 | 101.37 | 106.64 | 106.64 | 106.64 | |